The Business Times, 23 November 1978
1978-11-23
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The Business Times
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Title Section10 1978-11-23 1 BUSINESS TIMES M.C.(P) No. 218/1/78 THURSDAY, NOVEMBER 23,1178 50 CENTS10 words
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BRIEFLY...
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Article63 1978-11-23 1 UPI. SEOUL, Wed. New plants and factories will be banned in Seoul and other densely populated areas and those already existing will be encouraged to move out from such areas beginning next year, officials at the Commerce-Industry Ministry said today. The ministry has drafted an implementation decree toUPI. - 63 words
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Article75 1978-11-23 1 AP. MANILA, Wed.— The Asian Development Bank said it had lent US$4.B billion (Sslo billion) to its 23 developing member countries as of the end of last month, with South Korea, the Philippines and Indonesia emerging as the bank's three biggest borrowers. Bank statistics showed that of totalAP. - 75 words
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Article68 1978-11-23 1 LONDON, Wed The first British Airways Concorde flight to New York took off from Heathrow Airport here a year ago today and the airline said that in that time over 62,000 passengers have flown across the Atlantic in the supersonic airliner. "We are highly pleased," said an airline68 words
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Article58 1978-11-23 1 AP. HONGKONG, Wed.— A U*****.5 million (*****.2 million) note covering about 75 per cent of PT Garuda Indonesian Airways' purchase of nine new jets was signed in Hongkong today. The note purchase agreement was signed by the aircraft manufacturer, McDonnell-Douglas Corporation and a group of 17 international bankingAP. - 58 words
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Article62 1978-11-23 1 Reuter. TOKYO, Wed.— The Japanese government said it will continue to implement Japan's emergency import programmes worth US$4 billion (SsB.4 billion) by the end of fiscal 1978, ending next March, Economic Planning Agency officials said. Goods totalling $2.18 trillion had been imported or were already certain to beReuter. - 62 words
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Article63 1978-11-23 1 AP. BRUSSELS, Wed.— Unemployment in the EEC countries reached a total of 6.02 million people, or 5.6 per cent of the work force, at the end of October, from 5.5 per cent in September. The EEC's statistics office, Eurostat, said unemployment dipped in Luxembourg, Britain, HollandAP. - 63 words
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Article65 1978-11-23 1 AP. NEW YORK, Wed.— The New York Stock Exchange slipped in early trading today. Analysts said the pre-Thanksgiving Day holiday onThursday might act as a restraint on the market. The Dow JOnes industrial average of 30 industrials declined 1.04 points to 803.01 in the first half hour. Overall,AP. - 65 words
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Chief Price Changes
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Article124 1978-11-23 1 Falls Most Active Sthn Kinta 595 -115 S Darby 890.000 CSusan 230 -39 H Par 665,000 Sungei B«i 580 -30 U 0 L 253,000 228.000 Shangri-La Metro HId<« 480 265 -10 -10 UOB Metal Box Bhd 225 -10 Total Turnover: 7.72m S P Textile 96 -10 Total124 words
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Article, Illustration145 1978-11-23 1 Rises Most Active N Iron 550 30 S Darby 1.225,000 M Banking 540 25 H Par 567,000 Minsec 440 20 Consplants 519,000 M Tobacco 396 12 HAL 236,000 Riverview 180 10 Total Turnover: 5.40m C Sugars Gentings 230 306 10 10 Total Value: M$13.09m FAN 470 10145 words
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Article, Illustration808 1978-11-23 1 JOHN TAN - Ringgit one up on Singapore PRESSURE ON US$ IN KL By JOHN TAN THE MALAYSIAN ringgit has swung into a premium against the Singapore dollar after trading for many months at a substantial discount. Dealers attribute this to selling pressure on the US dollar in the Malaysian capital. Some money808 words
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Article234 1978-11-23 1 THE first day of trading on the Gold Exchange of Singapore saw a turnover of 106 lots or 10,600 ounces worth about US$2 million with the GES describing the trading as "satisfactory". Trading began in the morning on a cautious note initially, due to members'234 words
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459 1978-11-23 1 WANG LOOK KEAH - By WANG LOOK KEAH SINGAPORE is intensifying its export drive in West Asia and an export promotion office there is being planned. The Trade Department is also stepping up its export promotion in Singapore's traditional markets such as the United States and the459 words
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Article195 1978-11-23 1 THE Singapore-Australia air talks, which could pave the way for cheaper air fares between the two countries, will begin on Dec 4. Sources close to the Australians say that the date has been agreed on by both sides. The talks are expected to last some three195 words
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Article, Illustration187 1978-11-23 1 SIME Dirty la to lie hue for the grasp's fatare dcvelapmeat Ntride af Malaysia. Hk latest to a aerlea af meves to "heel op" Ita aperattoaa to Haagkaag saw Ike sppstatmMrt oi toe snap's depaty chief execatlve, Taaka Data* Ahmad Ita Taaka Yahaya (ahave)187 words
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460 1978-11-23 1 QUEK PECK LIM - By QUEK PECK LIM INDONESIAN banks are facing a liquidity shortage following fears of a possible further devaluation of the Indonesian rupiah. The country's banks are also under pressure from customers as cash withdrawals increase in the wake of the 50 per cent rupiah460 words
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Page 1 Advertisements
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Advertisement14 1978-11-23 1 Samson ite creates OMEGA From the sleek m m 7.T1 It «B*Samsonite Eastern Agencies14 words
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Advertisement59 1978-11-23 1 I SHIPPING TIMES RICE ebcapcr At private i markets ENTER titt ffiltMCkefM HOW ■■lim eu give i laidtriM a (flip AMERICA'S pelley toi ENGLISH aa si 1 HOW Stogmpf S j J t PLANTATION karitoMMi C TOKYO toy ma CROSSWORD I, AIRCRAFT SCHEDULE S,TV A RADIO C, 1 THE WIND59 words
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Advertisement88 1978-11-23 1 mm 360/ 360 CD PLESSEV^^ f i—l LMM toy Lehtr F O Mom SO SmgtF art. Ttkpkom 80SII1/*****J '>${]_&*+\:_<,+}^_|`{];_)'&&'/_ IMPPTBOTTt sSV 1* *\o 19 \6^ .J cnn a contest t?["l? v ou buy festive seaso se txe T, n te 3 Ma*e« Casse nartlC »pate »n Oar« n 9^j P88 words
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TRADE AND INDUSTRY
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382 1978-11-23 2 RONNIE LIM - By RONNIE LIM RICE is now being sold more cheaply at private supermarkets such as Yaohan and Fitzpatricks than at cooperatives run by the trades unions, according to the Consumers Association of Singapore (CASE). This cheaper price was attributed to the emergence of the cooperatives382 words
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Article174 1978-11-23 2 A CONTACT gnap sf eight pndwiag ud eight caasamiag eaaa tries hu beea fanned to try ud resslve hey lanes la u intrrastitasl rtmmttit] agreemeat far aitaral rabher, whww «ffieialssaid. lie gnap was set sp by the eewsmlt cemmittee sf the eaafereace, which started w Nev174 words
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359 1978-11-23 2 CITIBANK has offered to assist real estate agents in Malaysia to arrange for financial assistance to prospective buyers. By using these agents to refer prospective clients to the bank, it hopes not only to boost its housing loan programme but also close deals359 words
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Article108 1978-11-23 2 Reuter. HONGKONG'S visible trade deficit narrowed slightly to HKSS6I million (*****.5 million) in October from {569 million in September, compared with last October's $480 million deficit Total exports (domestic exports plus re-exports) rose to $5.04 billion from $4.94 billion in September and 13.80 billion last October,Reuter. - 108 words
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Article45 1978-11-23 2 Reuter. THE ASEAN rice group will meet in Manila on December 11 to discuss rice trade within Asean, Commerce Ministry sources in Bangkok said yesterday. Under an Asean commitment, member countries are given priority for rice exports over non-Asean countries. Reuter.Reuter. - 45 words
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Article396 1978-11-23 2 FOO CHOY PENG - By FOO CHOY PENG ASIAN publishers should go into international co-publi-cation to cut down production costs and to serve a wider market. It is one of the most significant factors in the mass production of books, said Mr Samio Degawa, a Japanese delegate at the396 words
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324 1978-11-23 2 ASIAN publishers should not be deterred from aiming to provide readers with lowpriced books just because they cannot afford the advanced Western methods of mass-market book publishing. Mr. D. N. Malhotra, the managing director of Hind Pocket Books, was speaking to participants at the324 words
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Article264 1978-11-23 2 Reuter. JAPAN'S September industrial production index was revised upwards to 124.4 (base 1975) from a preliminary 124.2, the International Trade and Industry Ministry reported yesterday. The revised index rose by 1.2 per cent from 122.9 in August. The year-on-year rise was 7.4 per cent higher thanReuter. - 264 words
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97 1978-11-23 2 CLOTHING and textiles remain Hongkong's leading exports despite protectionism in major markets, according to latest government trade statistics published yesterday. Made-up garments, textiles, electrical appliances and plastic products together accounted for 75 per cent of the domestic exports in the second and third quarters of97 words
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128 1978-11-23 2 AFP. TOP FRENCH dressmaker Pierre Cardin said in London yesterday he would go to China next week and discuss the question of establishing a Chinese "haute couture" industry. He said he had been invited by the Chinese authorities to give advice on their textileAFP. - 128 words
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Article90 1978-11-23 2 Reuter FORD Motor Co is considering plans to build an 11 billion Austrian schilling (SSI.6 billion) plant in Vienna. Sources said that outline details of the pLan were discussed in the capita] recently between Chancellor Bruno Kreisky and senior executives of Ford of Europe. They said thatReuter - 90 words
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Page 2 Advertisements
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Advertisement338 1978-11-23 2 See Leader...Page C Our world bankers woik around the woricLaround the dock. 6:07 p.m. Tokyo. 4:08 p.m. Singapore. I v w- €k4 Kk27a.m. 0m m k- Furuhata, Fujitsu (left); and ChKiWO. Bank of America, review Fujitsu's expanding 11 program of electronic exports and 11 discuss necessary documentation. London. 942 a.m.338 words
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TRADE AND INDUSTRY
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Article442 1978-11-23 3 NEW ZEALAND has been asked to review its restrictive import licensing system and quotas to give higher, value Malaysian products better access to the country's market. The Deputy Secretary General of the Trade and Industry Ministry, Encik Ahmad Sa'adi, said after returning from a recent442 words
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Article140 1978-11-23 3 THE EeNMnie Development Board has merged two of its key divisions projects aad investment services Into the industry division. Ills division is farther organised into five industry groups, designated groups one to Ave. Group one deals with petroleum, petrochemicals, chemicals, aad pharmaceutical projects. Group two takes care of140 words
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340 1978-11-23 3 THE SINGAPORE Government should implement a more deliberate policy of vocational training in commerce to help workers adapt to changes in the restructuring of the commercial sector. This point was raised in a workshop session yesterday during a seminar organised by the340 words
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501 1978-11-23 3 THti Malaysian insurance industry is undergoing a period of consolidation most companies are now focussing on long-term profitability rather than on premium growth alone. This was prompted by underwriting losses incurred by the majority of them, said the outgoing regional manager of New Zealand Insurance,501 words
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Article272 1978-11-23 3 A NEW type of traveller's cheque, called Hilton Cheque, went on sale in Singapore yesteday. Introduced by the Hilton International, the Hilton Cheque is a type of traveller's money designed for use as payment for accommodation at Hilton International hotels in Europe, Isreal, the Mediterranean, Canada and272 words
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Article56 1978-11-23 3 MORE than 563,000 visitors came to Australia as tourists last year, an increase of 5.9 per cent over the previous year, and exceeding by more than 30,000 the highest number of annual arrivals previously recorded. Tourism again maintained its high position on the list of foreign exchange56 words
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507 1978-11-23 3 FONG MEW LENG - By FONG MEW LENG MANAGEMENTS of small industries in Singapore should organise industrial relations between employers and employees to promote future growth. This point was made by Mr. Lim Chee Onn, the executive chairman of the National Trade Union Congress at the507 words
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Article348 1978-11-23 3 THE effectiveness of the small industry development programme in Thailand depends on the willingness of small entrepreneurs to accept technical and managerial aid and the availability of financial aid. According to Mr. Kasame Chatikavanij, the Thai Minister of Industry, "small entrepreneur-industrialists by their very348 words
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133 1978-11-23 3 BRAZIL will open its first trade fair in South-east Asia in Singapore at the ShangriLa Hotel on Dec 6. The five-day Expo Brasil 78 will be sponsored by the Brazilian Ministry of External Relations Thirty Brazilian exhibitors and their local agents will display133 words
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Article76 1978-11-23 3 THE AUSTRALIAN Meat and Livestock Corporation will hold a special "Australian Meat Week *78" at the two Yaohan supermarkets here from Nov 23-29. The corporation said the week-long promotions aim to provide consumers with special local recipes using Australian beef and lamb, and educate them in76 words
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Article31 1978-11-23 3 THE UNITED States and South Korea yesterday failed to agree on the cutting of shipments of Korean colour television sets to the US, Commerce-Industry Ministry sources in Seoul said.31 words
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Page 3 Advertisements
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Advertisement328 1978-11-23 3 V. -A it s 52 V Tf PL 4 V* t P V W i' Vk. rf /i 5> Sf i? y< ir ft f ti IV rr? a: *> «C rsr t 4 vWJe"* C >* a x s if K.'j"i r i m p?lj <*&%/£*&feftMiSr l li t:328 words
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Page 3 Miscellaneous
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Miscellaneous656 1978-11-23 3 TWO-IN-ONE CROSSWORD I CRYPTIC PUZZLE ACROSS 3 A girl to change seats with (5) 8 South African pair of provincials (5) 10 Spanish fellow's girl (5) 11 Tear up grave letters (3) 12 Last to play (5) 13 Name the doctor getting out of a car (7) 15 Did a656 words
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RAW MATERIALS
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Article355 1978-11-23 4 THE SINGAPORE rubber market yesterday closed slightly higher with December One RSS buyers quoted at 249.50 cents per kilo, up 0.25 cent from Tuesday's close. The afternoon session was initially easier but recovered slightly at the lows on some upcountry short-cover-ing, dealers said. The morning session355 words
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Article31 1978-11-23 4 Rubber: Nov 22 Singapore: December: 249.50 cents (up 0.25 cent) Malaysia: December: 249.75 cents (up 0.50 cent) Tin: M$ 1,885 (down $1) Official offering; 169 tonnes (down 28 tonnes)31 words
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Article96 1978-11-23 4 NOON SSR and SMR prices yesterday KVS December (Cinwt Mtfc) Jwury (Firwiri Mtfc) Bayer* Seller* Bayer* Seller* SSR 20 (eeat* per kg) (eei ila perks) (1-ion pallet) 241.SO 243.50N 243.50 245.50N SSR 50 (1-ton pallet) 239 50 241.50N 241.50 243.50N MRELB SMRSCV < 1-ton paUet) 286.00 28896 words
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Article162 1978-11-23 4 ROBUSTA futures in London yesterday ended a quiet opening session steady, unchanged to £9 down from Tuesday in distant untraded November. Turnover was 146 lots. Dealers said the market opened as expected against New York and with no fresh news there was little early trading interest. They said news162 words
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Article395 1978-11-23 4 Prices tn cents per kilo yesterday. Noon Close (per kilo) (per kilo) Buyers Sellers Buyers Sellers Int. 1 R.S.S. prompt f.o.b. 249 50 250 50N 247.50 248.50N Int. 1 R.S.S. December 251.50 252.00 249 50 250 00 Int. 1 R.S.S. January 254.00 254.50 252 00 252.50 Int. 2395 words
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Article142 1978-11-23 4 THE STRAITS tin price in Penang dropped Msl to $1,885 per picul yesterday. Sentiment was slightly dampened by the easier conditions in London on Tuesday, but local interest and some demand from Japan helped check the decline, dealers said. Turnover fell to 169 tonnes from 197 tonnes. No142 words
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Article193 1978-11-23 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 pel 295, 15 pet 290, 30 pet 285. 25 pet 3§o.193 words
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Article95 1978-11-23 4 LEAD, on the day, gained £2 for cash and £1 for Three Months in London on Tuesday. Afternoon values firmed in line with copper and on reports of further physical inquiry from Eastern Europe. Three Months traded up to £384 but attracted profittaking on the kerb back to £378.95 words
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Article39 1978-11-23 4 ALUMINIUM closed £1 down for Three Months at £606 to £607 in London on Tuesday. Trading was very slow after lunch although prices steadied on small covering. The morning market declined with the general trend in slow trading.39 words
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Article386 1978-11-23 4 THE RELATIVE of the US dollar of late has facilitated commodity trading with the outside world. But generally, dealers are still not A»<a| sufficient interest owfa* to the uncertainties arising from the recent devaluation of the Indonesian rupiah. Coconut oil remained in good demand with the West Asian386 words
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Article176 1978-11-23 4 THE SUGAR market yesterday closed little changed in (airly quiet trading, ahead of today's US Thanksgiving Day holiday, dealers said. March was quoted at 8.60/80 US cents against Tuesday's 8.69/84 and May at 8.90/9.06 against 8.89/9.00 cents. Turnover totalled three lots against two on Tuesday. Sugar futures closing176 words
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Article192 1978-11-23 4 YARN and cotton in Hongkong dollars. spot ex-godown: (Mm ymrm: China Blue Phoenix 20k 2,180; 32s 2.790; 4Cfe 3.015 (per bale of 400 lbs) Place gaads: China Butterfly and Globe brand unq; Dragon Head unq; Five Lambs unq; Flower and Butterfly unq; Flying Geeae unq (per piece 36192 words
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Article205 1978-11-23 4 COCOA futures in London yesterday held steady initially with the biggest advances in near December and March positions which were left out of line at Tuesday's close. Prices ended the call £2.5 to £16.5 higher with 331 lots traded including 175 crosses. In very quiet early trading, mixed trade205 words
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Article166 1978-11-23 4 RAW SUGAR futures in London yesterday held steady at the opening at prices little changed from overnight levels to end the opening call £0.10 lower to ju£o.3s higher. Turnover was 360 lots including 341 kerb trades. In generally featureless trading, the market was confined to a narrow range with166 words
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Article74 1978-11-23 4 C.I F North European ports. In US dollars per ton unless otherwise stated LONDON: Tuesday Previous Malaysian 5* (fa bulk per tonne January unch MSslr Sumatra 5* f fa bulk Afloat unch «45pd November SlOslr 615slr December M7 sir fllQsIr January unch 902; sir February 5®7 .sir SOOslr74 words
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42 1978-11-23 4 This Period Shipped Afloat Tonnes Tonnes DESTINATION Continent 710.00 65.00 India 386.00 25.00 Japan 720.00 195.00 Pacific 148.00 20.00 Singapore 31.50 1.00 UK 70.00 35.00 US 660.00 435.00 2,725.50 776.0042 words
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Article181 1978-11-23 4 COPPER wire bars finished the morning unchanged for cash and down £0.5 for Three Months in London yesterday. Three Months started the pre-market at £769 and finished the kerb at £771.5. Sales of 5,000 tonnes weremainly carries. Cathodes were up by £2 and £1 with only 175 tonnes chancing181 words
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Article140 1978-11-23 4 SILVER closed at HK5276.50 per 10 ounces in Hongkong yesterday, unchanged from Tuesday's close, dealers said. Trading was fairly quiet, while the day's silver fixing price remained at HK5276.50. On the LONDON Metal Exchange, silver rose by 1.8 to 1.1 pence on Tuesday. During the afternoon, prices moved erratically140 words
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Article65 1978-11-23 4 ZINC, on the day, was up £0.75 for cash and down £0.25 for Three Months in London on Tuesday. Afternoon values were firmer aided by the general rally and covering against recent East European physical business, traders said. Three Months traded up to £357. During the morning there was65 words
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Article423 1978-11-23 4 GOLD futures firmed in modest trading in the first day's business on the Gold Exchange of Singapore yesterday. Turnover totalled 106 lots, equivalent to 10,600 ounces of gold with interest mainly centred on December and February settlement months. February, the most actively traded, closed at U*****.40/80 per ounce against423 words
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MONEY AND EXCHANGE$
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Article473 1978-11-23 4 THE US dollar was sold down on the foreign exchange market yesterday. There was a slight recovery in afternoon trading but this did not contribute much and the dollar closed the day on a weaker note against major currencies. Against the yen, the US currency opened at 194.85/95473 words
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Article186 1978-11-23 4 Asian rates ASIAN currency deposit Interbank rates as at close on Nov 22: L'8 DoilaralSpoil Offer Bid 7 days 9 15/16 913/16 1 month 9 5/8 91/2 2 months 107/S 103/4 3 months I1V16 113/16 6 month; U 11/10 11 9/16 9 months 119/16 117/16 12 months 111/2 113/8 1186 words
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Article49 1978-11-23 4 R«i(r of price* offered by discount bouse* on Nov 22: Overnight 3* to 4* Call deposits 4% Closing Baying Selling 3 month 4 37/8 3 month Bank bills 7 67/8 3 month CD 7 51# 7 3/18 8 month CD 7 1/2 73/8 Source: National Discount Co Ltd.49 words
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Article21 1978-11-23 4 THE avertfe rate at which Singapore banks are currently prepared to lend to their best customers is 7.5 per cent.21 words
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Article42 1978-11-23 4 THE MONETARY Authority of Singapore has invited banks and discount houses to tender for a total of $40 million 91-day Treasury hills to be issued from Nov 27 to Dec 1. Each tender not be for less than $250,000.42 words
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Article216 1978-11-23 4 THE DOLLAR yesterday rose sharply against the Swiss franc but was little changed elsewhere in quiet and thin trading. The Swiss currency dropped to 1.7335/50 per dollar shortly after opening at 1.7240/70, compared with the overnight 1.7190/7230, as Federal Reserve intervention on Tuesday encouraged covering of short dollar positions,216 words
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Article147 1978-11-23 4 THE US dollar for overnight delivery yesterday closed slightly lower at 194.55 yen, compared with a 194.80 opening and 194.75 at Tuesday's close. The currency fell slightly in thin late trading on selling by Japanese and foreign banks to cover sales of dollar export bills from Japanese' traders and147 words
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Article182 1978-11-23 4 THE DOLLAR on Tuesday closed slightly below Monday night's levels but basically unchanged from the opening in active trading. Dealers said the dollar drifted lower early in the day but recouped some of its losses following intervention by the Federal Reserve Bank. They also noted profit-taking. The deutschemark182 words
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Article101 1978-11-23 4 IN FAIRLY quiet, late trading ahead of market holidays in Frankfurt and in America, the US dollar yesterday eased from overnight US levels. Dealers said the market was fairly nervous and thin following Tuesday's Fed intervention in New York and in anticipation of further intervention in reaction to a101 words
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Page 4 Advertisements
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Advertisement426 1978-11-23 4 TRANSPO ASIA 78 INTERNATIONAL TRANSPORTATION, MAINTENANCE AND ANCILLARY PRODUCTS EXHIBITION 25-29 NOVEMBER 1978 WORLD TRADE CENTRE SINGAPORE THE EXHIBITION The first international transportation, maintenance and ancillary products exhibition so essential in this part of the world will offer manufacturers and entrepreneurs business opportunities in the ASEAN region. A wide range426 words
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Advertisement67 1978-11-23 4 THINKING OF GIVING SOUVENIRS TO YOUR BUSINESS ASSOCIATES FOR THE OCCASION? Your logo on*/or mottogo otchod m poOohort brots or chromo ond hnmhod up to 5 onomoi colours Ull TYPE S: 2"x2" (Other Designs Available) OUR QUALITY IS YOUR IMAGE OUR PAPERWEIGHTS WILL IDEALLY SERVE THE OCCASION. Whatever it may67 words
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OVERSEAS
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169 1978-11-23 5 The South Korean government will ease restrictions on the use of foreign currency earnings by firms engaged in overseas construction. Disclosing this, Finance Ministry officials said effective immediately overseas construction contractors will be allowed to cash their foreign exchange earnings on a larger169 words
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Article54 1978-11-23 5 THE US has obtained US$l.4l billion (Ss3 billion) in deutschemarks and yen through the sale of special drawing rights (SDRs), a Treasury spokesman said. The spokesman said the sale of SDRs through the IMF on Tuesday was for the equivalent of $769.86 million in marks and54 words
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Article693 1978-11-23 5 Reuter. CORPORATE profits tapered off last summer in line with the slowdown of economic growth, the Commerce Department reported yesterday. The department said corporate profits before taxes increased by only US$3.l billion (SS6.B billion) to a seasonally adjusted annual rate of $206.6 billion in the July-SeptemberReuter. - 693 words
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Article87 1978-11-23 5 Reuter THE British government said the State Immaaity Aet, which took effect yesterday, will end the Immaaity foreign states had enjoyed in Britain when acting as commercial organisations. It will bring British law into line with that of ether Earnpeaa countries aad the US. British eearts willReuter - 87 words
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Article726 1978-11-23 5 ARRIVALS Service Local Operator Number Tine From MAS MH601 0700 KUL MAS MH682 0725 KCH SIA SQ101 0815 KUL MAS MH621 0840 PEN MAS MH607 0845 KUL MAS MH671 0945 PEN/KUL CPA CX710 1006 HLP RBA BI323 1030 BWN GIA GA980 1030 HLP MAS MH605 1045 KUL726 words
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307 1978-11-23 5 NYT CHINA has become over the past year much the most dynamic market for West Europe's exports, according to a staff study of the United Nations Economic Commission for Europe. In the first half of this year Western Europe's exports to China more thanNYT - 307 words
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222 1978-11-23 5 > THE onus will be on West Germany to take action if the D-mark proves too strong a partner in the proposed European monetary system (EMS). French President Valery Giacard d'Estaing said. The planned EMS would differ from the existing Joint European float222 words
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479 1978-11-23 5 Reuter THE International Monetary Fund said new issues on international bond markets, Eurobonds and foreign bonds, rose by 6.5 per cent in US dollar terms to USHS.S billion (Sstt billion) in the first half of this year. However, the IMF noted in its SurveyReuter - 479 words
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WORLD IN BRIEF
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Article622 1978-11-23 5 Agencies THE Manila-baaed Asian Development Bank has announced a regional workshop on project implementation and supervision for senior officials of development finance institutions (DFIs) in Asia next month. The 18-day programme starting Dec 4 is aimed at strengthening and upgrading the skills of DFls* professional staff and willAgencies - 622 words
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Page 5 Advertisements
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Advertisement203 1978-11-23 5 Another buzu milestone begins at the Transpo Asia Exhibition at The World Trade Center from N0v25t029. Introducing the one and nly Diesel one ton pickup. The Isuzu KBDZS. For the first time in Singapore, Motor Leasing, newly appointed distributor of Isuzu vehicles will unveil at the Transpo Asia Exhibition the203 words
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357 1978-11-23 6 THERE is among local consumers the generally fixed idea that cooperatives have only one rationale for existing: lower the prices of everything. This somewhat misguided approach has led many cooperative supermarkets to be criticised unfairly whenever their prices for some products are found to357 words
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Article248 1978-11-23 6 THE appointment of Tunku Ahmad bin Tunku Yahaya as chairman of Sime Darby's two main operating units in Hongkong goes beyond the initial perception of a further Malaysianisation of the group's operations. The appointment of the conglomerate's number two man to that position248 words
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Article, Illustration2362 1978-11-23 6 Richard Holbrooke - HOLBROOKE'S SPEECH ON THE U.S. AND S. E. ASIA The US has not forgotten Taiwan in its pursuit of normalisation in relations with China. This and other indications of the US policy in the Far East are made by Richard Holbrooke, US Assistant2,362 words
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Page 6 Advertisements
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Advertisement202 1978-11-23 6 j ii> .i V) Ili t irc ~.1. I! TcißaDm I l»t tn<t international TV tinging tta> tmg and dance trie ioy out ol you CXarrmng and MMUtoactac Louita Catalan •ill entertain you with n*> uuimg and gyrating act to a non stop toothing pop to musical "Wtowa of popular202 words
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Page 6 Miscellaneous
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Miscellaneous60 1978-11-23 6 OUTLOOK for Singapore from 6 a.m. to noon today: Isolated showers around midday. Repert for 24 Inn prter to 7M p.m. nNitS •I the alrpert: Maximum temperature 30.7 C Associated humidity 69 Minimum temperature..... 23.6 C Associated humidity 95 Hours of sunshine 6.25 Rainfall in millimetres 116.7 Total rainfall for60 words
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Miscellaneous273 1978-11-23 6 &WADIO SINGAPORE 5 3.00 PM Opening announcements followed by Flames Among The Snow* 3.30 Diary Of Events (Chinese) 3.35 Home Sweet Home with English subtitles (Repeat)* A Mandarin drama serial 4.20 Intermission 6.05 Opening announcements followed by What's My Line 6.30 News in Brief* 6.35 The Struggle For Survival (Repeat)*273 words
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Article, Illustration1324 1978-11-23 7 TERESA LIM - Do you feel the English of your clerks or foreign exchange dealers is somewhat lacking? Do you feel your own English could be much better for your financial work you do or the politics you discuss when you socialise with other executives?1,324 words
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Article613 1978-11-23 7 WE ARE JU1 familiar with the story V how the first pilgrims who sailed the Mayflower to America settled at last at Plymouth, Massachusetts, and celebrated their first harvest with abundant food and wine. But how many of us know that the observance of Thanksgiving Day613 words
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932 1978-11-23 7 Quek Peck Lim - FORUM, ...with Quek Peck Lim WHEN the Chinese VicePremier Teng Hsiao-ping visited Singapore earlier this month, he was told by Singapore leaders that relations between the two countries contained unique elements. These do not exist in China's relation! with many others in the932 words
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Page 7 Advertisements
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Advertisement267 1978-11-23 7 ®iS > im*J? 7 I l 7 rs/i f r X v ,Av#* 5^ I •n P 1 I You 11 ftM tike royalty at the ft«| Mahal. Palace of Coioun. On our daily menu a it "Wit A mtr im n ->■> d •'."A mo *•.>* HOTEL ASIA 37267 words
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Page 7 Miscellaneous
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INTERNATIONAL STOCKS MARKETS
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Article540 1978-11-23 8 TOKYO Source: DBS-Daiwa THE Nikkei Dow-Jones average recorded an all-time high again, exceeding the previous Nov 13 record of 5,973.37 yen. The market continued bullish centring on medium-sized blue chips and pharmaceutical Issues. Turnover was relatively heavy. In the morning session, incentive-backed Issues such asSource: DBS-Daiwa - 540 words
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Article295 1978-11-23 8 Source: San Hong Kai Sec STEADY progress all day saw the Hanc Seng Index close around Its high point. The consolidation therefore appears to be continuing along healthy Unes with Investor confidence returning. Hang Seng Index: 513.91 +27.75. Turnover: HK5175.24 million. NOV M HKJ AmaL Rubber Associated Hotels BowatersSource: San Hong Kai Sec - 295 words
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Article97 1978-11-23 8 NOV B Peso* Acoje Mining 0105 unch Atlas Con. A Atlas Con. B 18.20 -0.2 Bagulo Oold 0008 -0.0002 Benguet Con B 24.00 -0.9 BF Ooodrtch 20 00 CDCP 18 80 -0 4 Inco B Landoil .014 Le panto B 20 -0 005 Mannduque B 5.00 +0.02 Meralco 1797 words
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Article235 1978-11-23 8 nov a Cent* tNDCSTUIAJLS A C.I 175 unch A N I 180 unch A P M 111 unch Ampol Pet 73 unch HHP 806 -2 Bank NSW 838 +2 Boral Brambles 152 -4 C B A 235 -1 C S R 311 -7 Coal Allied 470 -5 DunJop Ex235 words
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Article234 1978-11-23 8 Nnl> ■a* 1 Bangkok Bank Bank of AyudhayaLtd Laem Thong Bank Bangkok Metropolitan Bank Thai Commercial Bank Bank of Asia Thai Danu Bank Thai Farmers Bank Union Bank of Thailand Industrial Finance Oorp 458 204 750 2.392 618 774 unq 378 479 2.595 >28 ♦2 -90 -160 4-6 -14234 words
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Article1180 1978-11-23 8 NEW YORK STOCKS pulled back In slow trading on Tuesday as the dollar weakened. Strength in the dollar has buoyed the market In recent sessions. Fuelling Inflation fears, the Commerce Department said It revised upward Its estimate of third quarter inflation to 7.1 per cent1,180 words
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Article396 1978-11-23 8 Gold shares were firmer on the strength of the higher bullion price and fairly active overseas demand on Tuesday, dealers said. One dealer noted the market appeared optimistic on Tuesday's US treasury auction results. Mining flnanclals were quiet, and firmer where traded In line with producers. De beers was396 words
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Article296 1978-11-23 8 NEDBANK Group, which ranks among the big four South African banks, shows in its annual report that total assets on the consolidated balance sheet rose from 2.8 billion rand in the year ended Sept 30. Shareholders funds rose from 188 million rand to 206 million rand,296 words
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Article55 1978-11-23 8 Reuter LAZARD Brothers and Co said it arranged a USJS2 million loan to Korea Electric Co to finance a contract won by GEC Turbine Generators Ltd. The UK government's Export Credits Guarantee Department said it guaranteed the loan, in which Barclays Bank International, Lloyds Bank International and NationalReuter - 55 words
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Article330 1978-11-23 8 THE market closed higher on Tuesday In active trading despite a decline In New York as oil and gas. consumer products, pipelines and merchandising issues led a modest advance. Volume totalled 3,548,074 shares against 3,*****8 at the close on Monday. The composite index was up more than four points330 words
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Article62 1978-11-23 8 FINANCIAL TIMES INDUSTRIALS Tuesday €74.0 Monday HU Week Ago <87.5 DOW JONES AVERAGE INDUSTRIALS Tuesday 804.06 Monday 806.61 Week i|0 786.26 LONDON DOLLAR PREMIUM Tuesday 86'« to86*« Monday 83W to 84 HJLHANC SENG Wednesday 513.91 Tuesday 488.16 Week aco MB 56 SYDNEY INDUSTRIALS Wednesday ***** Tuesday ***** Week62 words
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Article446 1978-11-23 8 EUROPEAN MARKETS EUROPEAN bourses closed generally lower on Tuesday. However Belgian share prices were mixed to mostly higher In quiet trading, bourse sources said. Asturlenne, Clabecq, Solvay and Cometra rose, while Hoboken, Tessenderloo and Andre Dumont fell. In foreign stocks, UK and U8 were higher. Oermans446 words
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Article99 1978-11-23 8 NOV tl Lilt Ante 36 unch AaaocOcn ***** -480 Bastof) 479 -1 OntrmJe 4300 -20 2830 •15 FlnaMKr 126 25 -2 25 On Immot TS •1 in Pri 2360 35 Ilalermenu ***** -280 ItaJcaa 746 -13 5 IUlMdrr 307 -13 M PI 4T» 4-1 Mareill Ere 226 73 -699 words
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Article263 1978-11-23 8 NOV >1 rw CORBE1LLE Alr-Uqulde BSNOrrtll Danone C8 F (ThomaonCte FrancalK de* Petrote* Compaenle financier* 388 580 ssa 141.10 ♦5.0 ♦4 -2 ♦0 1 Compaenle Qenerale Credit Fonder De France Hachette (Libralrte) Machine* Bui) Michelln (B> Panbu Pechlney Clflne Kuhlmann Pwi»eot Prmipa(N«Oetn B»tH) Prtntetnp* 8 A Rhone-PoulenceSA Royal Dutch263 words
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Article205 1978-11-23 8 NOV SI ru ABN 39$ 00 -2 AhoM 114 00 -2 Akao 20 70 -0.2 AMEV MOO -0 7 AmfaJ 104 SO -07 Amrot Bank 75.70 ■ST. 56.30 8700 unch -0.5 Boi* 99 00 -2 Bortumlj Burhmann ***** 73.0C ♦1 ♦0.3 Calve Delft n. rt 171.50 +6.3 Deli205 words
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Article172 1978-11-23 8 NOV tl Franc* 1 Action* 8uiaae* Alusulaae Br Alutuliae Ref Brown Dover! Br. ClbaOelfy Br CibaOelfyPC ClbaOetfy Ref Credit Suiiw Br Credit Suliae Ref Bektrowatt Br. Oeorfe Flacher Br Olobui Pc Hero Br Hoffman-La Roche!/10 Holderbank Br Interfood Br JelmoUBr Motor-Columbua Nettie Br Nestle Ref OerUkon' BuehrieBr Rueck Ven Ref.172 words
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Article204 1978-11-23 8 NOV tl Dm Aef-Telefunken M OO +0 3 Akao 27 50 -4.3 AIlx Leben 750 Alii Vert 492 -4 BASF 136 20 +0 8 Bay H T Wbank Bay Vbani Bayer BBC BMW Caaaella CTtem Ven» Commersbank Oonu Oumml Daimler-Bens Defuaaa 312 00 324Mil 140 00 315 223.00 300204 words
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Article96 1978-11-23 8 nov n Pr* FORWARD MARK] rr Acec 40* ♦j Artoed »50 unch Astur 726 411 Brmacan 44« 47 Bru-Lamb 1520 10 Ctnptc 414 Cock JT ♦2 De Betr* 1*1 ♦2 Ebn 2380 4-t Qectrobel 7060 unch Ob-In no-Bm 2540 ♦SO Oev 1374 -2 Hobok jew -25 Petro 3310 -2096 words
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Article1614 1978-11-23 8 November 21 CHICAGO Board Options Exchange volume eased to 86,624 contracts from 97,396 contracts on Monday. OPTION JAN APL JLY STOCK Alcoa Alcoa Alcoa Alcoa Am Exp Am Exp Am Exp Am Tel Am Tel Am Tel AtlR AUR AtlR Avon Avon-P Avon Avon-P Avon Avon-P Bank1,614 words
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Page 8 Advertisements
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Advertisement147 1978-11-23 8 Total Poker is a book for winners: it's as good as having four aces and another up your sleeve. David Spanier clearly analyses modern play and modern players, with an in-depth examination of the tactics, techniques, bluffs and skills necessary for success at poker. The book gives a brilliant rundown147 words
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INTERNATIONAL COMPANY NEWS
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463 1978-11-23 9 BANK of America, moving to give further responsibility, authority and flexibility to its units in Asia, has an nounced major changes in its Asia division management structure and organisation. James Wiesler, executive vice president in charge of the Asia division, said the463 words
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939 1978-11-23 9 N.AMERICAN AS THE third quarter results of the major US steel companies came chattering over the ticker-tapes last month, it would have been hard to resist the impression that the industry was experiencing a boom. Compared with the third quarter of 1977, profits939 words
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552 1978-11-23 9 EUROPEAN WITH THE third quarter giving £8.56 million compared with £7.43 million previously, pre-tax profits at Ultramar finished the nine months to Sept 30, 1978, some £11.3 million ahead at £26,7 million. This is already £2 million up on the figure for the last552 words
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Article133 1978-11-23 9 Reuter FIAT Spa has UMH pradaettoa af WutiUl vrtidM wer the ywf ead vNktn, aalaa hum mid. Flat told aatov aaka have dropped mui per ceat la thto eeetor, with a partlealarly *arp dr*p «f anui M to 46 per eeat tor heavy veto dee.Reuter - 133 words
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Article38 1978-11-23 9 GENERALE Occidental Sa had portfolio revenue and other income of 23 million French francs in the first three months of the financial year ending June 30, compared with 21 million francs in the previous corresponding period.38 words
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578 1978-11-23 9 A SUCCESSFUL underwriting experience in the third quarter resulted in pre-tax profits of Royal Insurance Company advancing by 7.7 per cent at the nine month stage to £112.4 million compared with £104.3 million in the same 1977 period. Premiums written showed only a marginal578 words
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Article521 1978-11-23 9 AK2O, the Dutch chemicals and fibres group, experienced the usual seasonal downturn in the third 1978 quarter but still managed a small profit in .the first nine months as a whole. Its operating profit improved sharply in the three month period, but high interest charges and521 words
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Article264 1978-11-23 9 THE Kvaerner shipbuilding and engineering group of Norway, expects profits of about 80 million Norwegian kroners in 1978, according to its eight month report. The figure includes 16 million kroners from a property sale. As forecast, this year's result is well below the record profit264 words
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156 1978-11-23 9 Reuter SUN H«ag Hal Securities daM st«ek miM nSmm i tke'geM'aad ■toe* miM aad tkat Its flttiw «tWm to faetag M, H mM to a stotemeat It eatogerteally ieiled It S> A« «rttfetoM karf- M M•■**>, the (tMp hid net seflered toM toReuter - 156 words
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Article70 1978-11-23 9 Reuter HOtyDA Motor Co said it is recalling 40,000 motorcycles, most of which were sold abroad, following the discovery of defects in parts designed to prevent engine vibration. The recall will cost the company about 490 million yen. Defective cam-chain guides will be replaced free of charge throughReuter - 70 words
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Article57 1978-11-23 9 MITSUI Toatsu Chemicals was back in the black with after-tax profit of 229 million yen for the first half ended Sept 30, compared with a loss of 4.01 billion yen in the previous corresponding period. Sales were down to 147.69 billion yen from 152.81 billion yen previously. The57 words
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Article46 1978-11-23 9 SUMITOMO Chemical Co. of Japan said on Tuesday it has set up an insecticide storage centre in Rotterdam, in the Netherlands, to meet increasing demand. The company said the storage can comply with requests for emergency shipments of insecticide to Europe, Africa and West Asia.46 words
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548 1978-11-23 9 ASIAN JAPAN'S four major securities companies have reported record net profits and revenue for the year to Sept 30 as surplus money continued to pour into the stock market and national bond issues led a boom in bond underwriting and sales. Volume on548 words
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Article306 1978-11-23 9 THE relative efficiency of the Mount Isa Mines operation, and the expected steady growth in work! demand for metals made MIM directors confident about the group's future, the chairman of MIM Holdings' Sir James Foots, said. He told shareholders that although the 1977-78 financial year306 words
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Article173 1978-11-23 9 HARRIMAN Holdings declared an unchanged interim dividend of HK 2.5 cents for the year ending March 31. Unaudited group consolidated net profit rose to $2.14 million from |1.85 million for the six months ended Sept 30. Earnings per share came to 5.78 cents against 4.99 cents173 words
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Page 9 Advertisements
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Advertisement204 1978-11-23 9 This issue having been completed, this announcement appears tor the purposes of record only. UNITED OVERSEAS LAND LIMITED .Incorporated in the Republic of Singapore Issue of 15,590,000 ordinary shares at 551.50 each pursuant to the Scheme of Arrangement under Section 176 of the Companies Act, Cap. 185 made between Hotel204 words
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DEALS DONE ON THE SES AND THE KLSE
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Article1339 1978-11-23 10 f l l offer price* officially V business in and to the Stock Exchange rwtenlay with the number of shares traded shown lnbrackqte in lou of 1,000 unite specified. All Time Settlement Contracts are quoted after the word "sett". Blf Board deal (In lots of 2.M0 units) are1,339 words
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Article271 1978-11-23 10 1/8/80 (250 0 °0) (99.458 yV.OOS) 4 J/4* IWBO 250.000) (99.808 100 008) T F 1/5/81 (250.000) (100.258 100.408) 'JSSJS F (2SOWOI 75*.V2 /8S < 25 °.°00) (100 708 100 858) 7 1/4* IV4/M (250.000) (100 80B) 7 1/4% IS/19/8C (250.000) (100.SOB) 7 1/4* I/VB7 (250.000) (100.75B) I271 words
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Article153 1978-11-23 10 SINGAPORE UNIT fUVT (M*—gen' pHM tar Not tl) The Commerce 203 2.15 The Saving Fund lJf 134 S pore Prog Fund 091 OK S pore Sec. Fund 1M 1 76 S pore Invest Fund 1 20 1.27 AAA UNIT TRUST IrtM tar Not tS) Mai Invest Fund 2.05153 words
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Article5857 1978-11-23 10 s n Page 11 Deal s T>ONF, n >1> J In Gat ten (3 OOB 3 028) (13) 3 00 (7 19R 9 1Qft\ i\\ 9 < 1 l i r n li u 1 A < Singapore 'ID and offer prices officially >«t«d and business In5,857 words
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Article1801 1978-11-23 10 INDUBTIIIALS Alaam (1.638) 41) 1.70. A Chaa <1.178) (1) 1.17. ■ate (2.768). ■an (0.628 0 648) (3) 0 62 Kaatat (2.148) (3) 2.12. •auete.d (2 158 2.188) (44) 2.1(1 (11) 2.1* (22) 2.20 *16) 2.21 (22) 2.22 4 2.17 44 2 18. •art* (0.49i8) 48) 0.51 (1)1,801 words
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Article90 1978-11-23 10 CENTRAL Sugars has replied to a Kuala Lumpur Stock' Exchange query over its propotd bonus issue of one-far-four announced early this month. The company says that the imposition of excise duty and surtax and the higher cost of raw sugar would have an effect on -the company's90 words
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Article, Illustration610 1978-11-23 10 AGAINST a haekgreaad devald at fresh ladaeemeata, price atwaMih m the Stock Exchaage af Slagapere yesterday were wide raaglag eaeagh ta saggest that the amrket waa all hat settled. The saasaaeemeat af the prsperty tax naees ■lea by the flats psi n Geverameat briefly610 words
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312 1978-11-23 10 SHARE prices on the Kuala Lumpur Stock Exchange yesterday headed higher in moderately active trading as fresh buying in lowpriced issues more than offset profit-taking in blue chips. Following a barely steady opening, prices surged forward as more buyers flooded the trading floor.312 words
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LATEST RESULTS
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Article23 1978-11-23 10 reported an interim dividend of 3 per cent gross (5 per cent) payable Dec. 31 to shareholders registered on Dec. 18.23 words
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Article32 1978-11-23 10 has announced a pre-tax profit of M$2L2 million ($20.5 million) for the year ended Sept. 30,1978. Tax at $10.3 million ($5.5 million), leaving after-tax profit at $10.9 million).32 words
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Article45 1978-11-23 10 Mid its unaudited group net profit came to M 51.78 mfltton ($l.Bl million), for the halfyear ended Sept. 30. Sales at $36.18 million ($26.45 million). Interim dividend at 5 per cent gross (same) payable Dec. 31 to shareholders registead Dec. 15. Reuter45 words
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Article37 1978-11-23 10 announced an unaudited group pre-tax profit of $186,000 (loss $831,000), for the half-year ended Sept. 30, on turnover of $9.89 million ($7.78 million). Its parent company pretax loss came to $75,000 (k» $302,000).37 words
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Article50 1978-11-23 10 announced an unaudited group net profit at $11.26 million (99.08 million) for the half-year ended Sept. 30 on turnover of $88.85 million ($78.47 million). Net profit includes extraordinary profit of $0.99 million ($0.43 million). Interim dividend eight cents gross (six cents) payable to shareholders regis-tered-Jan. 13.50 words
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COMPANY NEWS
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Article, Illustration549 1978-11-23 11 MANO SABNANI - By MANO SABNANI MALAYSIA Rice Industries achieved an encouraging turnaround into the black in its financial year ended June X, 1978, with pre-tax profit of $228,000 against a loss of {233,000 previously. However, the big question mark in the results is whether the company549 words
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Article508 1978-11-23 11 Current Ex Book* Date Total for Total for Payaaeat Date Close Payable the year Previous year Meatakab 1I%I Nov 8 Nov 18 Nov 23 11% 31% Beat* 10% Oct 12 Oct 24 Nov 24 33%(x) 22% Coaaplaat 21'.% Oct 12 Oct 24 Nov 24 30%(a) 30%(a) Kent pas508 words
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Article150 1978-11-23 11 Company Particulars Ex Date Books Close C Sugars Bonus Issue of 1 for 4 Nov 21 Dec 1 Mia Sec Bonus Issue of 1 for 2 DecS Dec 23 Synthetic Reaioa Rights Issue of 2 for 5 FedCables <■ S100 per share NYA NYA Rights Issue of 5150 words
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297 1978-11-23 11 PHILEMON SOON - By PHILEMON SOON FUSAN Fishing Net Manufacturing suffered a slight setback in profit for the first half to June 30, 1978, after a strong recovery in earnings since 1976. The company has reported interim group pre-tax profit of M 5367,157 as against $424,507 made297 words
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Article218 1978-11-23 11 MERCHANT bankers Jardine Fleming and Company and Wardley Ltd. deserve every cent of their underwriting commission of HK$l7 million (5538.08 million) as lead managers of the HKJBOO.7B million Hongkong Land's 8 per cent unsecured loan stock 1984/93. For despite the bearish state of the stock market218 words
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Article67 1978-11-23 11 IN RESPONSE to a query by the Kuala Lumpur Stock Exchange, Tronoh Mines Malaysia said representatives of its Joint venture partner will be appointed to the proposed company soon. The company adds that the directors of Tronoh have no interest direct or indirect in the venture. Tronoh67 words
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562 1978-11-23 11 THE YEAR ended well on Sept. 15, 1978 for investors of the Singapore Progress Fund, one of the many unit trusts managed' by Singapore Unit Trusts Ltd. After paying tax and deducting management expenses, the fund paid out a total of $264,550 equivalent to562 words
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Article87 1978-11-23 11 AYE* Hltaai Plaatlag 8yaileatc BU: AGM to be held at Bangunan Yee Seng, 4th Floor, 15, Jalan Raja Chulan, Kuala Lumpur at 3.00 p.m. on Nov 23. Llagal Developments Mi: AGM to be held at 3rd Floor, President House, 54A Jalan Imbi, Kuala Lumpur, at 12 hood on87 words
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Article, Illustration1102 1978-11-23 11 SUSAN BEVAN - By SUSAN BEVAN THE enquiry regarding the valuation of the grooklands Estate which is under gazetting order, started yesterday, having been postponed from the original date of Nov. 10. The result is one of the unknowns affecting the value of the shares of Brook1,102 words
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Page 11 Advertisements
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Advertisement441 1978-11-23 11 This Month's New Penguins THE 6 HEALER'S ART EriclCassell The Pumpkin Eater: Penelope Mortimer Humour, poetry and heartbreak run hand-in-hand in Penelope Mortimer's story of a mother's emotional breakdown and her husband's estrangement. The Pumpkin Eater with its vision of the strength and frailty of woman, is among the best441 words
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240 1978-11-23 12 PRESIDENT Carter's special trade representative, Robert Strauss, forecast yesterday that an international trade agreement would be reached near the end of the year, but said tough bargaining remains. Mr Strauss, the President's envoy in the so-call-ed Tokyo Round of talks now on240 words
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612 1978-11-23 12 FONG MEW LENG - By FONG MEW LENG ASEAN countries should promote the growth of small-scale but high-value industries because the growth of such industries can balance economic development with social objectives. The deputy secretary of New Zealand's Department of Trade and Industry, Mr G. H.612 words
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431 1978-11-23 12 WANG LOOK KEAH - By WANG LOOK KEAH SINGAPORE'S commerce sector will continue to be a key growth sector for the next 10 years. It will also be the major employer of labour, although modernisation and automation within the sector tend to trim down demand for workers, said431 words
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Article39 1978-11-23 12 THE WORLD Bank will provide up to US$3OO million (SS67O million) in aid for Indonesia to finance estate development in the coming five year-develop-ment plan starting next April, Agriculture Minister Sudarsono said yesterday in Jakarta.39 words
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199 1978-11-23 12 INDUBTRIAIJSED e«iatrtes have agreed to etalag the secalled "umi wladew" ef the prspssti wi—m faad will have safDdeat remreei to make ft viable. DbrMig this, Freaeh aakunto to the UN, fttrphear Hessel, said they have alee, sabjeet to rsmisa faad, agreed to make199 words
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Article105 1978-11-23 12 ALGEMENE Bank Nederland has raised its prime rate from 7.5 per cent to 7.75 per cent. It is one of the few banks in Singapore with its prime at 7.75 per cent. ABN's decision to change its prime is obviously influenced by developments earlier this week. On105 words
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Article779 1978-11-23 12 LONDON, Wed. Prices closed firmer following the news that Ford Motor workers have accepted the company's pay offer and plan to return to work, dealers said. At 3.00pm, the Financial Times index was up 4.7 at 478.7 after touching 479.5 earlier. Government bonds firmed up to 5/16 point779 words
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Article, Illustration701 1978-11-23 12 RONNIE LIM - By RONNIE LIM MORE Japanese toymakers are likely to set up manufacturing plants in Singapore soon as high overheads in Japan and the effects of the yen appreciation make it impractical for these companies to export competitively from their home bases. The sole701 words
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Article185 1978-11-23 12 Reuter. THE UNITED Kingdom is unwilling to adopt proposals for the establishment of a new international economic order (for commodities), Malaysian Minister for Primary Industries Paul Leong Khee Seong said. Addressing a conference at the Royal' Commonwealth Society in London on Tuesday, the minister said BritainReuter. - 185 words
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Page 12 Advertisements
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Advertisement247 1978-11-23 12 IT PAYS TO CONSULT INDCSUEZ BEFORE MAKING A DECISION ON YOUR CASH BALANCES Today we are quoting the following for Singapore Dollar term deposits up to SS2SO 000 1 month 5 1 p.a. 3 months 5%% p.a. 6 months 6°/ op.a. 9 months 6% p.a. 12 months 6V«% p.a. Savings247 words
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Advertisement192 1978-11-23 12 fcC B S» r >- <" V- V* v VJ V> V > *-«W :-rvitS^ ijV'*! V- *-v 'ili f >.v lis u vi^vx'* r r .<**•*. Ci»' '•> rji v ">• >• y)r V v*v >iy S* _3£_, A,V« »'V* tn fe* *w MS. tl M View of Yihoyuan192 words
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SHIPPING TIMES
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PORTSIDES
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Article87 1978-11-23 13 Reuter INDIAN Minister for Transport and Shipping Chand Ram has ruled out further talks with striking port and dock workers until they return to work. He told the Lower House of Parliament that the doors for negotiations will open once the strike, now in its seventh day,Reuter - 87 words
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Article85 1978-11-23 13 AFP BRITISH shippers and shipowners on Tuesday expressed strong support for British government and Common Market proposals for action on what they describe as the "Soviet threat" to British shipping interests. In a joint memorandum, the British Shippers' Council and the General Council of British shipping gave fullAFP - 85 words
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Article101 1978-11-23 13 AFP. TWO EXECUTIVES from the New York headquarters of the Liberian Shipowners Council are in Hongkong to set up a Far East Committee. They are council chairman Hans Proeller and general secretary Jeremy Smith who said Hongkong had been chosen as the base for the committee becauseAFP. - 101 words
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Article937 1978-11-23 13 RAHIM KASSIM - MOUNTING CONCERN By RAHIM KASSIM WHILE SINGAPORE has done extremely well in terms of tonnage registered in the country, there is a mounting concern among local shipping observers on the state and future of locally owned shipping companies. The main reasons underlying this concern are937 words
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Article, Illustration37 1978-11-23 13 THE FIRST ship te be propelled by a RLAM diesel emgiie, the Shiakai Man is n« eel©bnflag its first year of aaeeeirfil •fteratfea. The MHotUsMSoiser RLASC eagiae has a rating ef MHkW at 171 rev/mia.37 words
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Article143 1978-11-23 13 UPI PERIOD employment chartering took the spotlight on Tuesday as single voyage chartering faded. t Chinese charterers made an appearance by booking the Amyntas, a Freedom type vessel built 1970, for one Australian round voyage with redelivery China after delivery passing Singapore in Nov 20-25. In addition theUPI - 143 words
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4268 1978-11-23 17 SCHEDULE A guide to ships loading at Singapore foe 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 of4,268 words
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Article981 1978-11-23 18 RECEIVING OF EXPORT FCL CONTAINERS 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 premises during981 words
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Article912 1978-11-23 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. Aguila Oriental—Same. Ahli Shipping— Sharjah. Alfred C. Toepfer Line— Intermodal. Algerian National* Line (CNAN) —Unipacific. Alpac912 words
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247 1978-11-23 18 CONTAINER terminal operations assistants of the Port at Singapore Authority have expressed their dissatisfaction over the new work shift rota system that wis implemented on Nov 1. Under this system, assistants who are not on duty can be recalled if the volume of containers247 words
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1031 1978-11-23 18 FAR EAST FREIGHT FREIGHT RATES are steady. Recent shipments: 22,000 tonnes of corn (ram US to Korea at U5523.25 (5551.15) fio; 26,500 tonnes of wheat, Long Beach to Taiwan at <16.000 fio; 20,000 tonnes of soya bean meal, Brazil to Singapore at $23.71,031 words
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Article, Illustration386 1978-11-23 18 EXPECTED AJUUVALS TODAY KEPPEL WHABVEB Baltik (after Hakone) 47 EJeistria VI (1500 after Lantao Island) 3/4 Gatotkaca (0700) 24 Gold Leaf (after Sam Ratulangie) 45 Kota Berani (0700 after Kota Panjang) 10/11 LCT Sarwaguna Enam (1500) 22 Murrayeverett (after Car Liner No. 1 A Charlotte Maersk) 33/34386 words
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Page 13 Advertisements
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Advertisement452 1978-11-23 13 DIRECT DIVERSIFIED DEPENDABLE SERVICES TO/FROM USA AND CANADA Agents Barber Lines Singapore Pte Ltd Tel ***** Harrisons i Crotfield Kuala Lumpur Tat UiHi/t Pernas-MISC Penang Tel: ****** I \K I) I\ I n I AH r 4 Orient Overseas Co*Uci*ieA Line FULLY CONTAKRISED SERVICE TO EUROPE (VIA SUEZ) I acMin452 words
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Advertisement220 1978-11-23 13 i HI SEALORI) ANTAH m P m 5 J H b UASC UNITED ARAB SHIPPING CO (SAG) I All vessels ***** DWT, 105 TON H.L. Derrick 288 TEU Capacity, Long Length Capability. > jjARfIBIAN GULF WEEKLY SERVICf Z Vessel I S pore I Loading for I 30/11 Dammam (11/12), Kuwait220 words
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Advertisement83 1978-11-23 13 Maersk Medtainer Meishin MISC MOL Namyang Nat Shpg(Pak) Navitrde Nedlloyd NOL Norasta NYK Ocean OCE O. Maritime O Timbers OCL PIL PIMM) Pacific Ocean PakShpg Pan Asia Peini Perkapalan Polish Pro-Line Reefer Rlckmers-Linie Retla Stm Safmarine Sanko Sankyo Scandutch SCI Scindia Sea Land Seaspeed Secant Seven Seas Shahyad Shanfari Shofuku83 words
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Advertisement533 1978-11-23 13 SINGAPORE BUSINESS For us Pacific GuH Atlantic and East Canada lAiso accepiinQ (o» Honqkong Taiwan Japan and Ko'eai FULLY CONTAINERISED FAST DIRECT WEEKLY IVU Vl2 9/1 I 27/11 5/12 IVI2 FOR East Asia l Hongkong Manna Kaaiung. Kaoftaiung > Japan (Tokyo Kobe Yokohama Nagoya Osaka Shimiaul Singapore 14/12 IVI FROM533 words
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Page 14 Advertisements
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Advertisement720 1978-11-23 14 Hapag-Uoyd fm.lt cqhtmobed to qmk □rare express comkntiohm. to eimok S'pve PMang Pm Mm Gmm HWj rhrna Ua Mverp HKMb 77/11 2S/1I 22/12 18/12 2/1 31/12 26/12 28/12 MailiNiU 12/12 3/1 17/1 15/1 11/1 13/1 MmMM 6/12 7/12 10/12 '4/1 13/1 12/1 10/1 9/1 RAIT CORTMNERGED TO GDOA/TttSTI Ipm 26/11720 words
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Advertisement403 1978-11-23 14 >- ll I I 4 wc 27/21 I I* 0/1 tm 27 M 0 FA 24 toil FA II FA 21 tan ft* a Ft* 4 FA U Mm 5 F«i II l»20 Im2S tm a lM» FA 3 taa It km 21 la 24 la* 71 la JO la403 words
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Advertisement517 1978-11-23 14 Go better It Mm MU4t East prrwty krthmg obcmmge at mi ports KUWAIT 1/12 31/12 B. SHMffUt 3/12 3/1 ALSO ACCEPTMG CARGO FOR BAHRAM AND ABU OHABt KM Kim /Mippin® o rffflotno pte no Iti 0m Tete KMSPCED RS ***** ■J Td *****37 *****11 EVERGREEN LINE 'EVERGREEN VARiNE CORPORATION FAR517 words
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Advertisement768 1978-11-23 14 Everett Line s p i i. "BURMESE NATIONAL LINE' B.F S.S.C. Agents m Malaysia TEPS MALAYSIA Port Kelaog Tel (38) 7355 Penanj Tel *****/***** ,C«MpMi> An—li— Ot NWMMIM IfltarcaMiMMal S. A. C.I. F. fJ» "ARGENtINE NATIONAL LINE" UMMB KB MM CJFdOM. MODS AMCS I •SuVtt to M»CI1Ml Tr—tpindo Mtritiwn Iteiwi768 words
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Advertisement752 1978-11-23 14 SANKYO LINE 12/13 toe 11/11 Ok SIB. MEL AKL 22/23 OK 24/25 OK STB. MEL. MB. 21/22 Ok 23/24 OK REM. MEL. IB BANGLADESH SERVICE GEM Mi ACINIS CONTAMR BOOMNC 10*0 AGINTS P HUANG PINANC 25/25 KM UPON OfTTAGONG, CMM.M oawt SHPTUG t INTERPRISES PTE ITO SOKAPOOE TU *****44/7 I752 words
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Page 15 Advertisements
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Advertisement675 1978-11-23 15 Overseas I I Containers Limited Ma (MM a* •atohf KMC HCM W/COMUT: J |3 •Chat htm ftm Hwn SIM PMm| S'pere MP* w nam a«n hk.« MM faM *M tM 23 Rm IM.KS SM hM faM MM SdW Ski TK. KB hW faM MM MM MM 4 fee lOk W.675 words
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Advertisement768 1978-11-23 15 GRANARD LINE ttiMMl I KPQOAHI NM-COKKRCE EXPKSS 30NKE WEST NUND-FAR EAST/MEHTOMNENI fp" PJtata* Pmmi ImMri tar IMMMM- M um %m Dftat P Sid'Naan4r.a Barnt IKUaffnM Tnpafc tatfw ktaW r«n LMMUMVXN 170k 190k 21 Ok D|*mK/P Sata/Moan** •mt/UMMa/Ptoam/ Tnw*,ocatfun/MaMta HI. MM RK Wlta— Stan 71a I tan MM P SariMturtoa OnUMa/taM/768 words
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Advertisement476 1978-11-23 15 Jtk4 I BEN LINE CONTAINERS EMU CONTMB SMS TO/FROM OMR a/11 svu iv u a/u 12/u m/u 11 TMMbpeett an M fi^i# o Sro« *****4. K LUMPUR *****4 PUUNC 5521 PtNMC ***** BEN ASIA CONTAINER SERVICI B4Cb EVKSS COfCT MO SERVICE STRMTS/TMMN/MPM 10 tamww/japaai S port PRdwi Nm*| Km te476 words
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Advertisement175 1978-11-23 15 Scan Dutch V m.i/a ::i±%t r sjin»mi*wvi>7i« fj «>::n:^:i^<v»::rViT +:in\z\iuuwz\>:\zf\w *LI a'royHrS^i<rtr?»yi CONVENTIONAL SERVICE TO EUROPE (VIA SUEZ) PMm nmi f« MM IM M/Mc I Mc 2/3 CkMu IoM rtm *tmt OM. MM. SM HMM/M CONVENTIONAL SERVICE FROM EUROPE (VIA he U/tt CM—r i. LofeM r«M. Ifbwt o*. Mft Ctaan.175 words
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Advertisement401 1978-11-23 15 BOUSTEAD f c s TH F. BANK LINE LTD. 10mfoil is. nu MH U. PI, I r*Mt »Mn/4loc r LYKES ORIENT LIMF a Vv* j i T TO »l ORLEANS. MOHLE. HOUSTON. 6ALVCSTON ALSO ACCEPTMG CARtt) FOR BANGKOK, MRNLA. TAIWAN, H PUSAN AND JAPAN PORTS M/BMm l/l ha SIMGAPORE 9134-14401 words
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Page 16 Advertisements
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Advertisement673 1978-11-23 16 K line KAWASAKI KISEN KAISHA. LTD. fIBUDB (VIA SUEZ by Cwtarar V«m TO EUROPE Spore P Mang l Havre Hbwg Brtnwn o'dam A'ntrp acmaMiftia I?SNM 27 J. IHOK 170K lIDK I»DK ?I OK otwußioani the m noK »ok uok »dk ntK *PT»«PfA«M2M IteUkc aDk 310k 2 lan 3 ton 5673 words
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Advertisement761 1978-11-23 16 U.S.A./EAST CANADA SERVICE i Fa/Id CONTAKRS Ft lea** tar kw nan. NE. P. NELANE. STONE mrou m/ebk vm«n m/x*. uvnh E.C./GREAT LAKES SERVICE tar nonfoh. «w rant. mnra. Toronto ashtaka. onwrr. cmcago CAUFORMA/PACFIC NORTH WEST SERVICE lead* tar lOS AMEELES. SM FNAMCBCO. S»TTU. TKOM. nmama. IX. Pmm PMm Sapim I761 words
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Advertisement744 1978-11-23 16 ■NOL NEPTUNE ORIENT LINES LTD •FUUY CONTAINERISED SERVICES FAREAST/EUROPE FUUY CONTMDiISED SERVICE II Ok 11 DK tec 24 Ok 21b It* II 1m 111 M 17la lite ni* aki i.in-fA'ki, niii :,i A mm+m Kkilm Cdaarl TO MS FtOM AUSTIWUA: •Aiwo Awo Aastraa Am 14 Dk 77 Mm 13 BK744 words
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Advertisement692 1978-11-23 16 MI MAI*YSiAN *VTfRNA TtOftAi SM**NG CO*PO*ATtON tf*HAD EXPRESS FULLY CONTAINERISED SERVICE TO/FROM MED/UK/CONTINENT/SC ANOtNA Vl# Sk»» I) PKaPn 2) Mam 3) H'tarj Gt»a FpaOa tMapi KM NNMM 2VU 0/12 U/U 14/1? IVI2 IVII RUM Vl* 17/12 22/12 24/12 2*/12 1/12 nnn 12/12 2V12 30/12 v 1 v 1 M/ 12692 words
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Advertisement791 1978-11-23 16 INTRASEA (PTE) LTD v m Qr h.-rc! Smq i-. p < Q ■euuemi sm/nu cowtakr snn to eimh Sp*» P Um| p«m| Lai|lr H N* tl Nn t «M ITk*|/'Oe«o* 4 Ok J OK t Hm Kkari t aarp m- wm no iw mwii bomb* mmr jmm. nisi Kansai Line791 words
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Page 17 Advertisements
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Advertisement198 1978-11-23 17 1 GERMATRANS SHIPPING I »\F \ORV\AV New Eipress MontWy Independent Semi Container Service from Singapore to Antwerp. Rotterdam and Hamburg YEMBULT SMUtrOK ANTWERP R'DAM HA 27/11 1/12 24 Dec 30/12 1/1 26 lan 30/1 1/2 26 Feb 28/2 2/3 26 Mar 30/3-1/4 26 Apr 29/4-1/5 26 Ma, 26 Dec 28198 words
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Advertisement160 1978-11-23 17 ANHSING LINE HOUt SOI-COHTMCJt/llCl StIMCS S pore P. Ktbnc Pen** Li UMONAOEN ta Port k •WON 805T0N...... 2/ 3 Doc J< (NONTDBO 27/29 No» •Acctptwt Cmtbmm LORD STEAMSHP CO. S.A TAMMN/STUVn/TMNM EXPRESS HO SEBWCE load* «or Port Koto* Pona*. Hootaj, STORE P.KELANG PENMG LOON CHONG Port •P STRONGWILL ENTERPRISE (PTE)160 words
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Advertisement91 1978-11-23 17 OCEAN CONTINENTAL ENTERPRISE PTE LTD Room 610. 6th floor, High Street Centre. S pore 6 Tel *****/*****/***** REGULAR SAILINGS TO/FROM BANGKOK/SINGAPORE (ACCEPTNC GEN CARGO CONTMCRS HUVYIirTS) store ASEAN ENDEAVOUR VOY 101 <N) 14 16 Not Afeo Pott •OBJ) MMT LID P. KatMr BMRSON MTU. FIKIGHTmTS T* *****13 M 3SSS73/5 KMMNDER91 words
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Advertisement183 1978-11-23 17 Lu's Brother Company SA hereby announces the appointment of SENJON SMPPMG (S) PTE LTD. Singapore as their agents with effect from today to undertake for and on their behalf agency matters in Singapore. Lu's Brother Company SA take this opportunity to thank Ocean Maritime (Pte) Ltd, Singapore for the past183 words
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