The Business Times, 2 December 1978
1978-12-02
1
12
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The Business Times
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Title Section10 1978-12-02 1 BUSINESS TIMES M.C-(P) No. 21VI/T8 SATURDAY, DECEMBER t, IVS SOCENTS10 words
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BRIEFLY...
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Article106 1978-12-02 1 Reuter MANILA, Fri. A leading international aviation official today warned that a US Civil Aeronautics Board (CAB) ruling would sow confusion throughout the world's airlines, threaten government confrontations and raise the possibility of a series of legal actions over foreign air routes. Mr. Knut Hammarskjold, director-general of theReuter - 106 words
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Article63 1978-12-02 1 Reuter LONDON, FrL Britain today faced up to life without the Times. The country's oldest, most influential daily newspaper was missing from the breakfast tables of the famous and powerful after suspending publication at midnight. Its distinguished readership turned to other newspapers as the Times moved toReuter - 63 words
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Article58 1978-12-02 1 UPI CAIRO, Fri. Libya will ban the circulation of money from Jan 1 and replace it with government-issued coupons, Egypt's Middle East News Agency said today. Quoting travellers from Libya, the agency said the move was ordered by Lybian leader Col. Moammar Khadafy and was based onUPI - 58 words
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Article60 1978-12-02 1 AFP TOKYO, Fri. Tutocorin Alkali Chemicals of India and Hitachi of Japan signed an agreement here today for setting up a joint-venture company to produce soda ash and fertiliser in India. Tamil Nadu Chief Minister M.G. Ramachandran, who signed the agreement for the Indian company, said that theAFP - 60 words
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Article57 1978-12-02 1 Reuter BONN, Fri. West Germany's steel chiefs, fighting the industry's first official strike for 50 years, today shut 16 mills and locked out thousands of workers. A trade union spokesman said the lockout of 79,000 men, mainly in the industrial district of Ruhr, was "an enraged actReuter - 57 words
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Article74 1978-12-02 1 AFP BANGKOK, Fri. A precedent-setting bilateral shipping agreement with Vietnam has been approved in principle by the Thai Cabinet, and details will soon be negotiated with Vietnamese trade officials, Communications Ministry sources said. The Commercial Maritime Navigation Agreement (Caps), the first such agreement Thailand has ever entered intoAFP - 74 words
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Article58 1978-12-02 1 UPI MANILA, Fri. The Asian development Bank today approved a US$33 million loan to five highpriority research institutes of South Korea to improve the country's industrial technology and productivity. The loan from the bank's ordinary capital resources is for 15 years, including a three-year grace period,UPI - 58 words
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Article89 1978-12-02 1 AP NEW YORK, Fri. The stock market opened sharply higher this morning. The Dow Jones industrial average was up 9.18 to 806.21 in the first half hour. Gainers held a 5 to 1 edge over losers. After the market closed yesterday, the Federal Reserve Board said the USAP - 89 words
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Chief Price Changes
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Article, Illustration161 1978-12-02 1 Rises Most Active c*c 555 +45 H Par 293,000 M Banking 900 +40 S Darby 188,000 Barjuntai 005 +25 Wearnes 129,000 Hifk A Low 340 +24 C A C 104,000 OCBC 780 +20 STP1975 705 +20 Total Turnover: 3.54m Nat Iron 570 +20 Total Value: J9.22m 8ku|rl-Li161 words
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Article, Illustration764 1978-12-02 1 TEO TECK WENG - FOREIGN INVESTORS INVITED By TEO TECK WENG FOREIGN developers are being invited to participate wholly, or in a joint venture, in the development of a 5,000-member club catering to the international community here. John M. Carter chartered surveyors, acting as agents, issued notice764 words
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516 1978-12-02 1 GOH ENG KEE - By GOH ENG KEE ANOTHER major Japanese manufacturer of aluminium electrolytic capacitors is planning to set up a 55-million factory in Jurong next year. Nippon Chemical Condenser is now negotiating through its subsidiary here, Singapore Chemi-Con to purchase an existing factory with a516 words
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232 1978-12-02 1 THE U8 dollar gave a sparkling piofsrmanrf against the yea yesterday la foreign ex* change marktrl. kitting the MMHevet for the first time sinee July 24. It Is the highest since Piwldft Carter announced he weald defend the dollar on Nev 1.232 words
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436 1978-12-02 1 SOH TIANG KENG - By SOH TIANG KENG .HE CURRENT bearish stock market has dealt a crushing blow to the $20million convertible loan stock issue by Harimau Investment. Financial circles confirmed yesterday that a "substantial portion" of the issue is undersubscribed. Some sources say the unsubscribed portion is436 words
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Article71 1978-12-02 1 THE Philippine* has promised to dismantle its tax measures protecting domestic industries to become a full-fledged member of the General Agreement on Tariffs and Trade (Gatt). The Business Day, an English-language daily published in Manila, yesterday quoted a Philippine Trade Ministry official as saying that the government71 words
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Page 1 Advertisements
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Advertisement14 1978-12-02 1 l:\vrctt l.incs KM TH« MOST MIQUCMT SAILINGS TO BANGKOK lIOUCKOtIC JAPAN MISAM. 3 MM14 words
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Advertisement9 1978-12-02 1 TEACHERS ROYAL HIGHLAND 12 VKAK OLDSCOTCII WHISKY v -A9 words
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Advertisement285 1978-12-02 1 u Hapag-Lloyd Fully containerised to Europe and United States. Regular, reliable and on time. nun I MJ ACCOUNTANT Goodyear Singapore Private Limited invites applications from Singapore Citizens for the post of Accountant. 4 The Job: He is responsible for the financial control of the Company by proper financial planning and285 words
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TRADE AND INDUSTRY
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Article161 1978-12-02 2 THE PHILIPPINES will completely ban log exports next year if this would not adversely affect its foreign exchange earnings, the Business Day newspaper said yesterday. Assistant Natural Resources Minister Antonio Aguenza told the paper that when the present limited and selective log export programmes161 words
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Article323 1978-12-02 2 COURSES AND TALKS Oct 16-Dec 18 (every Monday): A detailed study of reinsurance and its rote in the conduct of insurance business, SITC, SITC. Nov 6-Jan 27: Life insurance agents certificate course (English and Chinese), SITC, SITC Dec 4-5: Planning and budgetary control for managers, Hyatt, Price Waterhouse323 words
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Article, Illustration334 1978-12-02 2 AUSTRALIA'S Nartkera Territory pvtrnmt is keei to attract Singapare laveaters to Ma maaafaetaring aad farmlag seetor. Tkla fti «e af Ike alma af the aiae-maa mfariaterial trada detegattaa carreatly vlaittag Magapere. It arrived yesterday aai will apead live days la fflagspwfi Mare faavlag far Kato334 words
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Article77 1978-12-02 2 AFP JAPAN'S 13 largest commercial banks registered a record 315.9 bUlkxi yen (553.5 billion of combined gross profits despite declining interest returns on tendings in the half year ended Sept 30. The before-tax, operating profits represented an 18.6 per cent gain over the previous half-year period. The cityAFP - 77 words
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471 1978-12-02 2 SOUTH-EAST ASIAN timber producing countries may have to seek new markets If Japan, South Korea and Taiwan (ail to improve the current price structure of South Sea logs. Sabah Chief Minister Datuk Harris Salleh who gave the warning in Jakarta on Thursday said471 words
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Article284 1978-12-02 2 A ROMANIAN timber delegation will be in Kuala Lumpur early this month to hold talks with the Malaysian Federal Industrial Development Authority on the possibility of starting Joint-venture projects in timber-based industries. The projects are among those already identified under the Third Malaysia Plan. The284 words
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150 1978-12-02 2 A LEADING West German spectacle and optical equipment manufacturer will be launching its latest range of products in Singapore next week. Carl Zeiss Pen tax, a joint venture between Carl Zeiss of West Germany and Asa hi Pen tax- of Japan, will be150 words
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206 1978-12-02 2 THE ADULT Education Board's role in improving the language skills of Singaporeans is becoming more and more important. This was noted in the board's annual report for fiscal 1977. Special language courses organised were received well by the public, with intensive English and206 words
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527 1978-12-02 2 JOHN LIM - By JOHN LIM THE NUMBER of accidents in the metal-working industry is second only to that in the ship-buildiiig and repairing industry. With a workforce of 34.000, the metal-working sector reported 930 accidents last year, more than twice the 1973 figure of 434527 words
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Article544 1978-12-02 2 CONSULTANCY firms haw been invited to help prepare the master plan of Kuala Lumpur. The Datuk Bandar, Tan Sri Yaacob Latin, recently expressed the wish to obtain professional consultancy services in planning, transport economics, traffic engineering, demography and sociology for the Dewan Bandaraya's newly-formed544 words
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647 1978-12-02 3 RAHIM KASSIM - By RAHIM KASSIM SHIPPING is too important an industry to be left in the hands of shipowners alone and they should expect some form of government intervention now and then. In a defence of government intervention in the shipping industry, Finance Minister Hon Sui Sen647 words
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Article, Illustration352 1978-12-02 3 THE PUBLIC Works Department has ordered a few hupdred newly invented road markers. Twenty were installed along Mountbatten Road yesterday. The Kingray was invented by two Englishmen, Dr. Mendel King and Mr. Ray Brannan, after 15 years of planning and research. They352 words
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Article119 1978-12-02 3 SINGAPORE will be the host of the first international timber industry equipment exhibition, which will be held at the World Trade Centre next year. Wood 79, the first international forestry development, timber processing and woodworking equipment exhibition in the region, will be held119 words
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279 1978-12-02 3 UPI SOUTH KOREA plans to export about US$l.5 billion (553.3 billion) worth of goods next year compared with a projected $1.25 billion this year, Economic Planning Board officials said in Seoul yesterday. They said next year's trade deficit would be widened from a forecastUPI - 279 words
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128 1978-12-02 3 Reuter THE TAIWANESE govern- ment has asked the Chyrsler Corporation to take part in a venture to build a plant to manufacture heavy-duty lorries with the state-owned Taiwan Machinery Mmanufacturing Company. If final discussions on the venture are successful, Chrysler and the state firmReuter - 128 words
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100 1978-12-02 3 Reuter JAPANESE colour television exports in October fell by 37.4 per cent to 285,015 sets from 455,300 in September and by 7.9 per cent from 309,460 in October last year, the Japan Electronic Industries Association reported. This reflected a sharp drop in exportsReuter - 100 words
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122 1978-12-02 3 IMPORTERS and manufacturers of electric instantaneous water heaters will now have to obtain approval from the Public Utilities Board (PUB) to market these products in Singapore. A PUB statement yesterday said they will have six months to Obtain the approval and after May 31,122 words
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Article25 1978-12-02 3 THE CANADIAN Export Development Corporation has signed a memorandum of understanding with Jakarta for a US$5OO million (Ssl.l billion) credit line for Indonesia.25 words
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Article, Illustration206 1978-12-02 3 WJL B&ENNAN, aewiy appelated »geat sf u Antnltti safety eqaipmeat eempaay, is plaaaiag te ru a series sf semlaars sa lad astrial safety te assist empieyers la tralalag their werkers la the ase aad care sf safety eqaipmeat. Ike Asstraliaa eempaay, James Nerth AsstraMa, held aa exhMtfea206 words
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435 1978-12-02 3 ANOTHER round at talks will be held, probably for one week starting Feb 28, on the setting up of a common fund designed to stabilise commodity rates, it was confirmed in Geneva yesterday. The decision was reached after three weeks of discussions. The435 words
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Page 2 Advertisements
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Advertisement431 1978-12-02 2 CYCLE CARRIAGE LIMITED (Incorporated in Singapore) PROFIT DIVIDEND ANNOUNCEMENT The Board of Directors reports audited Group and Company turnover and profits as follows Ss'OOOs Years Ended 30th September 1978 1977 Group Company Group Company Turnover: Malaysia 264,642 13,899 198,074 13,916 Singapore 141.041 23.761 92.656 12,092 Trading profit amounted to 58,169431 words
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Page 2 Miscellaneous
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Miscellaneous646 1978-12-02 2 TWO-M-L t t CRYPTIC PUZZLE ACROSS 4 Notes for a little warning 7 Talk back? (8) 8 The way profound thoughts impress us (0) 10 Shot by entrance (5) 13 A quarter hour Is all you need In the vesUr bule (4) 14 According to her, fifty equals one! (4)646 words
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Page 3 Advertisements
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Advertisement174 1978-12-02 3 EXPO BRASH. 78 ;i 1 lotd Singapore 1 )cccmbcr 6 -10 BRASIL I he Brazilian Kxhihition is sjx>nsfirrd h\ Hie Brazilian Ministry of FAtfrn.il Relations Itamaratv Designers and contractors: Anjuiprom Arquitetura. IYomo</>es e (!omer< io Ltda The colour, wealth and beauty of Brazil. It's all at Expo Brasil 78. Shangri-La174 words
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RAW MATERIALS
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Article426 1978-12-02 4 THE Singapore rubber market yesterday closed slightly lower with December One RSS buyers quoted at 237.25 cents per kilo, down 0.75 cent from Thursday's close, dealers said. Morning prices were marked up slightly on higher London advices and some forward demand, they said. The afternoon session426 words
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Article16 1978-12-02 4 Rubber: Dec 1 Singapore: December: 237.25 cents (down 0.75 cent) Malaysia: Closed Tin: Closed16 words
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Article175 1978-12-02 4 Prices tn cents per kilo yesterday: Noon (per kilo) Buyers Sellers Int. 1 R.S.S. prompt f.o.b. 238.50 238.50N Int. 1 R.S.S. December 239.25 239.75 Int. 1 R.S.S. January 243.25 243.75 Int. 2 R.S.S. 235 50 236.50N UK Com. 234.50 235.50N Int 3 R.S.S. 232.50 233.50N UK Cont 231.50175 words
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Article49 1978-12-02 4 NOON SSR and SMR prices yesterday: BAS DooMBfcc? Ug (Cmmmt Mlk) Bayert Sellen #1 (Fir Ra v# raTT&lfc) M (ecati per kf) SSR 20 (1-ton pallet) 238.00 240.00N SSR 50 (1-ton pallet) 236.00 237 00N am yw (tXMl 239.00 v 236.00 T» OQHVI toper kg) 241.00N 238 00N49 words
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Article197 1978-12-02 4 SOYBEAN futures in Chicago on Thursday extended gains in the final 45 minutes on heavy buying by commission houses, a portion of it believed to be short-cover-ing. Prices settled six to 1-1/4 cents a bushel higher. Although traders were unable to say for certain what prompted the late buying,197 words
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Article378 1978-12-02 4 ALL was quiet on the Singapore Chinese Produce Exchange (SCPE) yesterday. Deals were limited to certain commodities which continued to find steady demand from overseas. Prices quoted here tended to be slightly higher than those prevailing overseas. This was despite the lowering of prices by dealers here in378 words
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Article158 1978-12-02 4 TRADING remained quiet in the sugar futures market in Hongkong yesterday, with prices staying steady throughout the day, dealers said. Nearby March was closed at U58.67/68 cents against Thursday's 8.65/80 close and the distant September at 9.38/40 against 9.3/50, they said. Sugar futures closing prices: Oeslng Pwtoii Jan158 words
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Article181 1978-12-02 4 YARN, and cotton in Hongkong dollars, spot ex-godown: Csttsa yarn: China Blue Phoenix 20s 2JKS; 3k 2.820; 40s 3.030 (per bale ***** lbs). laea fasts: China Butterfly and Globe brand onq; Dragon Head unq; Five Lambs unq; Flower aad Butterfly unq; Flying Geese unq (pa- piece 38 inches181 words
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Article228 1978-12-02 4 FUTURES closed £31 to £40 per tonne lower on Thursday in London and turnover totalled 3,728 lots. Dealers said a selloff around mid-afternoon which brought a £40 limit down move in near May was a continuation of Wednesday's shakeout which had been interrupted by the sharp rally on the228 words
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Article127 1978-12-02 4 WHEAT futures remained higher at midsession in Chicago on Thursday, following issuance of light delivery notices overnight. Prices advanced three to 1-3/4 cents a bushel. The lack of heavy delivery intentions had the distinct effect on the December, which had in recent sessions come under liquidation pressure ahead of127 words
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Article170 1978-12-02 4 BANGKOK rice prices were quoted as follows yesterday: (In US dollar* par mm FOB bate Bangkok) VM* (tot: Ml pet 1M dam MB, Ml pel ted claas 38. M pet *d claaa 80. 5 pet JU. 18 pet SO. 13 pel 385. JO pet 80. 35 pet 275. 35170 words
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Article554 1978-12-02 4 THE gold futures market in Singapore yesterday was very quiet and turnover was 39 lota. Prompt closed at 194.30/— January 196.00/196.50, February I*JQ/1*.40, April 283.00/4, June 205.90/206.40, aad August 108.70/210.10. Meannlitk, Slagmas reports that the kilobar yesterday opened at SH3.7M aad dosed at 113,878, after trading in a high-low554 words
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Article264 1978-12-02 4 RAW sugar futures in London cloned unchanged to £0.25 per tonne lower on Thursday morning. Turn-, over totalled 2,111 lots. The market moved lower late afternoon under long liquidation prompted by an easing in New York. Prices finished around the day's lows with at £109.90 Earlier, values had advanced264 words
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Article64 1978-12-02 4 LEAD was up £14.5 for cash and £Bfor three months in London on Thursday afternoon. During the afternoon, earlier gains extended on continued covering reflecting the increasing tightness of the nearby position This was heightened by expectations of steady outgoings from warehouse stocks over the coming weeks. The backwardation64 words
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Article52 1978-12-02 4 ALUMINIUM on the dsy was up £4 to three months which dosed from £612.5 to £613 on Thursday afternoon in London. Afternoon values were steady in line with other base metals in featureless trading. Some light covering on the kerb steadied three months to the day's high of £61452 words
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Article65 1978-12-02 4 C.I.F. North European ports. In US dollars per ton unl otherwise stated LONDON: Malaysian 5% (fa bulk per tonne Wednesday Previous January flttslr S80slr Sumatra t (a bulk November unch aospd December January unch aosqtd M6«nJ0pdfl00to2',pd February •ooaospd sstaoopd March aoopd sflspd Ntferta i% Ma bulk stf BOnnDiH:65 words
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Article292 1978-12-02 4 DECIDEDLY easier conditions were experienced as prices fell by fourteen cents at the extreme to flnsih some twelve cents off on balance, with overall turnover moderate, says Baftday, Catter and Balk in its review of the Malaysian Singapore rubber markets for the period Nov 23 to292 words
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Article131 1978-12-02 4 THE Straits tin market in Penang yesterday, was closed sad reopens today. In LONDON on Thursday, tin was up £20 for cash and down £2 for three months standard while high grade was up £25 and unchanged. The afternoon market attracted profit-taking which took three months standard down131 words
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Article236 1978-12-02 4 ROBUSTA futures on Thursday morning closed about steady in London. Robusta futures were £6 down to £5 up from Wednesday. Turnover was 1,296 lots including 17 options and around 440 lots of cross trades. Values fluctuated in a quiet market where the trading range did not exceed more than236 words
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Article189 1978-12-02 4 COPPER wtreban in London gained £4 for cash and L 3 for three moths am Thursday afternoon. The afternoon market was barely steady, reflecting the trend at New York, but values anbsequently steadied on covering prompted by Phelps Dodge's one cent per lb cathode price rise to 70 cents.189 words
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Article123 1978-12-02 4 SILVER on the LME lost 1.4 to 1.0 pence on Thursday afternoon. The relatively steady trend in gold and US futures held the market steady during the early afternoon although light liquidation trimmed values towards the close. The early morning (remarket was lower, reflecting the later overnight trend at123 words
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Article50 1978-12-02 4 ZINC on the day was down mostly £1.15 per tonne in London on Thuradayafternoon. The afternoon market partly recouped morning kisses on light covering although trading was slow. The morning market was steady initially, but later •lipped back under liquidation in the ring and stoploss selling on the kerb.50 words
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MONEY AND EXCHANGE$
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Article417 1978-12-02 4 THE US dollar pushed its way up over the 200 level against the yen yesterday. In addition to reaching this level, the highest in months against the yen, the dollar ateorose against major currencies. Opening at 199.90/00 against the yen, the US dollar traded up to a high417 words
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Article189 1978-12-02 4 Asian rates ASIAN currency deposit interbank rates as at close on Dec 1: 18 D»IUra<&wO Otter M 7 day* 10 l 1 month ll'« ir« 2 months 117/16 115/16 3 months 1111/*****/16 6 months 12 11 > 9 months Il 11'. 12 months 1113/*****1/16 8w-fr». .UuUU Dm 1 month 3189 words
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Article44 1978-12-02 4 Kaage of yricn ottered fey dUcowit boutt Dec 1: Ovrrtifkl 4* C«U deposits 4% CMh B«ri>C Sellix 3 month Treasury bill* 4 3 3 month Bonk Mils 7' 7 3 month CD 1- Vs «month CD 7'. 7-. Source: National Discount Co Ltd44 words
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Article21 1978-12-02 4 THE average rata at which Singapore banks nre currently prepared to lend to their beat customers is 7.5 per cent.21 words
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Article46 1978-12-02 4 AUSTRALIA/NZ exchanges quotes yesterday: US <tateri.U« IUM Sterling IJH3 *5191 Ninny-day air Mil buying rue* Smi** MM US (tailors 1.1751 NtaMjr-dtjr forward taqrtag rates Sicrttan S9MI US (taitara 11*7 NrwZntaad: SiniHW UM US <teitar Imm I.MM Nferfyitay airmail bvjrfa* rmlcs: S»«img 0 SSH USdoltar l.tm46 words
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Article26 1978-12-02 4 FRANKFURT rTrhsnfri Can IJMO/I0 Stg 3.745/755 DA9U2/22 Sfr lM J5/11L25 Lit 2JB/275 Ffr 43J5/C5 Nkr 37 .€2/72 Bfr com UZ2/342 Bfr On CITS/6211 Yen O.MIO/3026 words
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Article283 1978-12-02 4 THE dollar opened firmer against most major currencies in quiet trading in London yesterday, following yen selling in the Far East which took the dollar over the 300 yen level, dealers said. The dollar opened at 201.30/80 yen compared with its 201.25 dose in Tokyo, but sharply higher on283 words
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Article143 1978-12-02 4 THE dollar closed higher in light trading, with the most significant gains made against the yen in New York on Thursday, dealers said. At the close, the yen was quoted st 199.30/45, compared with Wednesday night's dose of 197.50/00 and 197.80/198.00 at the opening. Dealers said several factors143 words
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Article180 1978-12-02 4 THE US dollar staged a strong advance against continental currencies and the yen, posting its highest levels of the day in late trading in Hongkong yesterdealers said. Trading conditions were active and nervous with most volume concentractad in the yen and mark. Commercial demand and effects of Australia's SO180 words
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Article173 1978-12-02 4 THE US dollar far overnight delivery in Tokyo yesterday closed at 301.25 yen, up from a 199.50 opening aad 1J7.80 at Thursday's close, after easing from a Ugh of 301.70 yen following small-scale Central Bask dollar selling, dealers said. Dealers estimated sales by the Bnak of Japan at between173 words
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Article26 1978-12-02 4 ZURICH exchanges closing quotes on Nov 30: US1.7W.TM si* jjnwm Can 1.4700-47S2 MiSAMUHI nniimin FTr.JIJBHSB Dkr SkrBonMMI UtaJMMM Mmuckizzmum P>H1WWI Sfwta 2 4UM2S ArilSa ymjsHa26 words
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Article34 1978-12-02 4 RESULTS of tenter held yesterday for 91-day Treasury bills to be iaued from Dec 4 to Dec 8: Offcted: IspMiii far: $36,000,000 Allotted: $20 000 000 CCIX" per •fISWMIi US p«r34 words
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Page 4 Advertisements
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Advertisement142 1978-12-02 4 I rjnanL, Study with the UNIVERSITY PREPARATORY SCHOOL I-- TORONTO,ONTARIO UPS specialises in preparing overseas students for Grade 12 and 13 Examinations leading to entry to Universities and Colleges in Canada and USA. UPS is registered with the Ontario Ministry of Education and its Credit and Diploma courses are approved142 words
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OVERSEAS
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327 1978-12-02 5 THE SHELL Oil Co. has begun nation-wide rationing of all its gasoline in America yesterday, limiting dealers to 75 per cent of previous monthly volumes. The move follows persistent reports from the industry that supplies of the fuel were in short supply.327 words
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716 1978-12-02 5 NYT US PRESIDENT Carter stressed his conviction that the country can control inflation without slipping into a recession. He would risk being a one-term president, if it comes to that, rather than water down his anti-inflation drive. A recession is generally defined asNYT - 716 words
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WORLD IN BRIEF
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Article403 1978-12-02 5 THE PROPOSED European Monetary System (EMS) will leave little room for speculation because of the safety valves it will incorporate, a senior Italian central banker, Giovanni Magnifico, said. Wider margins will be an optional possibility and central rates will be able to be changed to reflect403 words
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Article, Illustration440 1978-12-02 5 EXPECTED ARRIVALS < TODAY KEPPEL WHARVES < Aihua (0400 after Chi dam- baram) 42/43 Bremen Maru (after Vishva Tarang) 46 Keng Hoi (1500) 23/24 Kimanis (after Straits 1 Hope) 20 Kota Ratu (after Kota Mawar Kota Mulia) 10/ U i Melampus (after Ibn Hazm) 6/7 Ocean Happiness440 words
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Article158 1978-12-02 5 AP THE PRICE of coffee, about US$4 (SJ8.80) a pound (0.45 kg) In US supermarkets 18 months ago and averaging $2.91 In September, is still sliding, experts say. The supply of coffee is ample, but the demand is down partly because Americans are drinking less coffeeAP - 158 words
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Article118 1978-12-02 5 Reuter A NEW SOLAR cell which could drastically reduce the cost of obtaining electricity from the sun or available light yesterday won first prize for its owner at an international exhibition of inventions in Geneva. Judges said the cell invented by Mr. Pierre Baude, aReuter - 118 words
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471 1978-12-02 5 Reuter US narrowly defined money supply. M l, declined by US$l.9 billion to a seasonally-adjusted $359.5 billion (by about 554.2 billion to $791 billion) in the week ended Nov 22, the Federal Reserve Bank of New York reported on Thursday. The new M-l-ptus-aggre-gate declined byReuter - 471 words
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Article135 1978-12-02 5 THE AVERAGE liquidity of Hongkong banks was little changed at 46.17 per cent in October compared with September's 46.48 per cent. Deposits fell to HK964.47 billion (5529.42 billion) from 164.61 billion the previous month while loans and advances in Hongkong roae to 948.53 billion from135 words
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Article635 1978-12-02 5 ARRIVALS 8erriee Loca 1 Operator Nub be r The Froa GIA GAM 1055 PKU GIA GAM UOO MES PAL PR501 US MNL GIA fiAma 1M HLP SU SQM 1210 MES KLM KLS37 1210 AMS/FRA/ SIA KHI/BKK SQC 1215 MNL S1A SQ201 1245 HLP MAS MH04 120 KCH635 words
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Page 5 Advertisements
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Advertisement205 1978-12-02 5 iH The NEW CXfCCD if I LLLSmiTED DICTICNARy MZI 1978 MF: A AC i.t\ i b /VM 1 il M\\ :L /v /w in Two Volumes Here it is Oxford celebrates its Quincentenary Year (1478 1978) with the publication of THE NEW OXFORD ILLUSTRATED DICTIONARY. The NeV Oxford Illustrated Dictionary205 words
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Article337 1978-12-02 6 THE WORK PERMIT scheme that the Government is introducing is a well thought out affair. It serves two purposes, both commendable. In allowing manufacturers to recruit workers from neighbouring countries, it helps alleviate whatever shortages there are, temporary or otherwise, in Singapore. At the same337 words
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Article266 1978-12-02 6 THE UNDERWRITERS of the Harimau Investment share issue, now that they have been left holding most of the stock, will naturally not be at all pleased by the outcome. Underwriters are not normally partial to having to take up the stock themselves. Their business is266 words
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Article, Illustration1194 1978-12-02 6 RICHARD BORSUK - By RICHARD BORSUK LAST SUMMER, the Indonesian government ordered a Japanese firm to stop logging one section of Central Sulawesi because the land was being earmarked for a national park. At about the same time, plans for a road in East Java, which would have1,194 words
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Page 6 Advertisements
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Advertisement184 1978-12-02 6 No dinner is complete without a White Label AaMfccr prod ad from Delicious food at its most glorious awaits you at Hotel Royal-RAMADA Newton Road. Singapore 11, Republic o« Singapore Telephone: *****1, Tate*. RS-***** Cables HOTELROYAL Come and £> et it! r m VV t* HQDm i Indonesian set lunch184 words
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Page 6 Miscellaneous
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Miscellaneous61 1978-12-02 6 OUTLOOK for Singapore from 6 a.m. to noon today: Late morning showers. Report tor 24 tows prior to 7Jt p.m. m Dee 1 st the airport: Maximum temperature 29.9 C Associated humidity 74 Minimum temperature 23.6 C Associated humidity 95 Hours of sunshine 4.5 Rainfall in millimetres 0.9 Total rainfall61 words
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Miscellaneous260 1978-12-02 6 SSR'A'UI 0 SINGAPORE 5 1.00 PM Opening announcements fol- 6.35 lowed by Sesame Street* 2.00 Saturday Matinee Morgan The 7.30 Pirate* Starring: Steve Reeves, Val- 7.45 erie Lagrange, Armand Mestral 8.30 3.30 Fish The New Kid* 2 4.00 It's A Knockout* -r. w vt a n nifwnuui jq qj 4.55260 words
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Article, Illustration1260 1978-12-02 7 JOHN TAN - WITH just two weeks to go before the US-imposed deadline of Dec. 15 expires on the Tokyo Round talks in Geneva, the only optimism seems to be coming from the US team, whose leader Robert Strauss is still saying a broad agreement can1,260 words
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Article, Illustration381 1978-12-02 7 AN advertisement in the papers for chambermaids (male or female) to work in England attracted many applicants who popped down to one of the local hotels to meet the personnel man from the UK. Imagine their disappointment when they were told that the personnel director was381 words
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Article461 1978-12-02 7 FAILURE sf the Tokyo Reaad will mut bve uy significantly advene effect ea Singapore. la the ahseaee of a new agreemeat, the exfcritag Gatt (Geaeral Agreemeat ea Tariffs aad Trade) rales will apply as they have, with little medfflealieß slaee they were drafted at the ead461 words
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Article970 1978-12-02 7 Michael Dixon - FORUM. ...with Michael Dixon FT 1 WITHOUT the guarante< that their identity would tx kept utterly secret, the bun dreds of top managers would never have answerec the question. "What," it asked, "wouk you least want your subordi nates to know about you?" Assured of anonymity, however,FT - 970 words
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Page 7 Advertisements
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Advertisement230 1978-12-02 7 r; r\ SI 4?* A tsfe HOTEL ASIA 37 Scotls Road, Singapore 9 Tel: *****8 HOTtL MALAYSIA 40 Cuscaden Road, Singapore 9 Tel: *****1 ORCHID INN 214 Dunearn Road, Singapore II Tel: *****2 HOTEL EQUATORIAL 429 Bukit Timah Road, Singapore 10 Tel: ***** THE MANDARIN SINGAPORE 333 Orchard Road, Singapore230 words
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Page 7 Miscellaneous
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Miscellaneous14 1978-12-02 7 fc\G> Dftf TDOPey RDR TMC u>oK.i<ej?s FPsCTOR>f CIDSE.S T>-\e RMNUfSL WOUDPkNjS... RND G>O l/3jl14 words
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INTERNATIONAL STOCK MARKETS
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Article640 1978-12-02 8 TOKYO Source: DBS-Daiwa THE MARKET was extremely bullish yesterday, centring on blue chips and large capital stocks. The Nikkei Dow-Jones average exceeded the YB.OOO level and closed the day with a sharp gain of Y35.31 at Y6.002.74. Turnover was extremely heavy with an estimated 760 million shares changingSource: DBS-Daiwa - 640 words
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Article295 1978-12-02 8 Source: SHK Sec Ltd THE MARKET was quietly firm throughout yesterday. Trading was slow and featureless. The period of consolidation continues. Over the short term, the market is not expected to rise. DEC tl HKJ Amal Rubber 2 80B Associated Hotels 2 90 +0.025 Bo waters Cheong Kong 8Source: SHK Sec Ltd - 295 words
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Article300 1978-12-02 8 THE market closed slightly firmer yesterday, with oil stocks leading the advance in moderately active trading. Santos rase eight cents to A 52.05 as did Bridge to $1.33 while Ampol was marked up five to $1.25. Banks were steady while in mixed minings, Peko firmed four cents to $5.40300 words
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Article97 1978-12-02 8 DEC 01 Peso* Acoje Mining 011» +0 0015 Atlas Con. A AUu Con. B 16.70 unch Bagulo Odd .01 +0.0002 Bencuet Con.B BF Goodrich 25 -0.5 21.50 unch CDCP 19.10 +0.3 Inco B Landotl 20 ♦0 0022 \l <rilKtlK|IH- H S.45 -0 06 Meralco 19.70 -0.1 Oriental A Oriental97 words
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Article289 1978-12-02 8 THE STOCK market closed mixed yesterday, with an easier bias in light trading. Among the biggest falls. First Trust lost 194 baht to 338, Raja Finance 140 to 1890. General Finance and Siam Cement gained four baht each to 216 and 257 respectively, Berli Jucker six to 431 and289 words
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Article63 1978-12-02 8 FINANCIAL TIMES INDUSTRIALS Thursday 481.5 Wednesday 488.0 Week Ago 478.0 DOW JONES AVERAGE INDUSTRIALS Thursday 790 03 Wednesday 780.11 Week ago closed LONDON DOLLAR PREMIUM Thursday 78 to 78' i Wednesday 77 to 77'» H.K.HANG SENG Friday 500.74 Thursday 498.43 Week ago 484.73 SYDNEY INDUSTRIALS Friday 448.07 Thursday63 words
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Article290 1978-12-02 8 TIB STOCK Mil Hit M higher la Mtffi m StHWraM la New YariL VduM tail to S.I bMn AMtmU rita Am TteCw»y»htewt^ moHMMhalßlilM. The dl Mas nat am M eats with Dmm Pete ip 1-1/t U-i/t, Saw Valley 14/4 to B-l/t, Haaky OH t/S to 4*4/4, Shell Csaaii 1/4290 words
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Article437 1978-12-02 8 EUROPEAN MARKETS PRICES ww* barely steady oa Thursday. Dealers said among banks recently 4yd VoPabanh recovered but In financial* Inter-pan Holding continued lower, with Moevenpick beamalso easier. In industrials, Brown Boveri, Jelmoli. Nestle bearer and Sulzer lost ground, while Globus roae. Ciba-Geigy bearer was also slightly437 words
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Article179 1978-12-02 8 NOV 30 Francs AcuocuMM no IMA ♦1 XI AJusulsse Ret m ▼5 5 Brown Bowl Br. lteo ClbaOctgy Br )0M ♦5 Clba Oftfy P C Mi unch Clba Oel(y Res 821 -4 Credit Suisse Br >150 -10 Credit Suisse Re« 418 -s Elektrowsu Br 1700B Oeorte Flacher Br MO179 words
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Article213 1978-12-02 8 NOV 88 Pto 368 00 -1 -1.7 -0 2 -0.1 •1 a 10 85 10 102 50 Amrot Bank 75.10 -0 4 52 10 unch Berk 81.00 -3 BoU 88.70 *0.2 Bor»umlJ 149 00 1 Burhmann 72 00 -0 3 By*nkor( 85 50 -1.5 Calve Delft 1M 00 -05213 words
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Article256 1978-12-02 8 NOV rn CORBEILLE Air-Liquid* BS N Oervau Danone C 8 F (ThomaonCM) CteFranoUae dea Pelrolea CotnfJacnic Financier* Compacnle Generate Credit Foncier De France Hachette (Ubralrie) Machines Bull MteheUn(B) Panbaj Pechlney Clftne Kuhlmarm Peuceot' PhUtpa(NvOem 383 5N Ml 90 137.10 387 431 233 50 52 SO 1213 ***** otao 412.50256 words
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Article1127 1978-12-02 8 NEW YORK BARGAIN HUNTING and a firmer dollar helped stocks score a solid gain in light trading on Thursday after a sharp setback in the previous two sessions. Analysts said a late rally may have been prompted by speculation that the weekly money supply report1,127 words
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Article332 1978-12-02 8 GOLD SHARES were qatotty ■toady ea^ am Mlalag ffeaaetafe mtM to the tnad priiinij Hi were steadier ea hafeaee. Eksewben, De Been waa mmefcaaged at m PhHaia Aara wen a few eeate fewer wMft lapala dawa twe seats at M aad Raeplat a abaUar aaturt fewer at IK. Cippw332 words
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Article94 1978-12-02 8 NOV Uic ♦A Ante 30 -0 25 Aiioc On 3J400 100 Bastoft 515 13 Onlrale 4801 141 27i5 22 Finalder 132 2 Oen Immob 73.50 -0 25 IFIPn 2419 30 ltalc*mentl ***** 520 Itaiga* 774 -2 Italitder 302 I Mafnetl M Pf 522 14 Marelll Ere 222 -1 *****94 words
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Article210 1978-12-02 8 nov at Dm Aef-Telefunken 78.20 ♦0.1 Akxo 28 10 -0.5 All* Leben 73SB A1U Vert 4M +4 BASF 134.80 +0.8 Bay H T WDank 314 -1 Bay Vbank 321 I Bayer 130 00 +0.2 BBC 307 BMW 221 00 ♦1 Caaiella 384 50 +4 Chem Verw 283 4-1 CommerzDank210 words
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Article85 1978-12-02 8 NOV H Fn 4VFORWARD MARKET Acec ♦T Arbed unch Astur -10 BrsLV*n I Bru-Lamb +S Canpac unch Cock 400 -9 Dr Beers 192 ♦1 Ebes 2385 unch Bectrobel 7030 >20 Qb-Inno-Bm 2570 25 Gev ♦2 Hobok 2500 -40 Pet.ro S280 •10 Ryl Dutch 1845 -10 Sldro 042 unch SocTJen85 words
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Article1191 1978-12-02 8 On November 30 CHICAGO Board Options Exchange volume eased to 104,710 contracts from 106,260 on Wednesday. OPTION JAN APL JLY STOCK Alcoa 40 7'. UNTRD NOL 45'. Alcoa 43 3'. 4'. UNTRD 45 T Alcoa 50 1 V* 3'. 45. Alcoa 60 UNTRD UNTRD 45. Am Exp1,191 words
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Page 8 Advertisements
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Advertisement68 1978-12-02 8 m v V >5 U.-: t S> k 1. RESULTS 2. REPORTS 3. TOURNAMENT REVIEWS 4. ARTICLES 5. PLAYER BIOGRAPHIES Britain's only sq provides i truly guide to the aqui uraqut record oi both in Britain a Read about Geoff Hunt, Torsham Khan, biographies of tha top mat and w68 words
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INTERNATIONAL COMPANY NEWS
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Article273 1978-12-02 9 EUROPEAN Reuter INCHCAPE said further exceptional provisions totalling approximately £12 million will be required for the wholly-owned commodity trading subsidiary Harbora Holding in the current financial year ending March 31, 1979. The provtotons are to cover unrealised losses on uncompleted contracts and bad or doubtful debts,Reuter - 273 words
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Article219 1978-12-02 9 ROTTERDAM SHIPYARDS have won an order for a self elevating offshore oil drilling rig worth US$49 million from Petrobaltik, a tripartite Soviet, Polish and East German company, for oil exploration in the Baltic Sea. The order is believed to be the first for a large219 words
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Article180 1978-12-02 9 FT SWEDYARDS DEVELOPMENT, a subsidiary of the state-owned Swedish shipbuilding company, Svenska Varv, has won a US$3OO million contract for the delivery of an ammonia plant to Pakistan. The order represents a major breakthrough in the hard-pressed Swedish shipyards' efforts to switch to engineering products otherFT - 180 words
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Article101 1978-12-02 9 Reuter THE STATE-OWNED British National Oil Corporation (BNOC) said it plumed and abandoned Well 15/6-1 in the British sector of the North Sea about 160 km east of the Orkney Islands. The block is covered by -Licence P2BB for which BNOC is' the operator and holds 87.84 perReuter - 101 words
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174 1978-12-02 9 Reuter DRESDNER BANK said its operating profit in the 10 months to Oct 31, was above the same year-ago level and added it expects satisfactory results for 1978. In a letter to shareholders, the bank said both domestic and foreign business contributed to theReuter - 174 words
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194 1978-12-02 9 FT BANqUKJBUXELLKS LAMBERT, the 1 largest pnflt and aa effeettvefy higher MM, Far the rix months ended last September, the bank has emerged with pradt ef IJS MUtoa francs before tax and depredattea, and tea pr.pisel to pay a dfcMand st fraaes compared toFT - 194 words
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Article60 1978-12-02 9 PFANDBBIEFBANK Sebwetaerledwllypelbebar lastttoto will fleet ea M milttee hue, 16-yeer, SJB per eeaft bsai lene el par frees Dee 1 to 7. Credit Setose> mU\ am theft preeee* will be ased tor rsavenlsa ar rrp*ymeat rf the mllltoa frue, S per cot leaa IW7-8Z to be nitrmti earty60 words
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1083 1978-12-02 9 NYT THE ANNOUNCEMENT last week that two finalists had been chosen in Canada's rigorous selection process for a manufacturer of a new generation fighter aircraft marks the start of the last lap in a bitter, Cs2 billion competition involving the largest military procurement programmeNYT - 1,083 words
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Article, Illustration869 1978-12-02 9 N.AMERICAN A NYT ITS A staggering idea, but this year 29 per cent of all United States households are expected to buy new cameras. This means that after the Christmas rush, 21 million new cameras will have been sold, with someNYT - 869 words
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Article369 1978-12-02 9 A SHOCKED and increasingly irritated American Ailines is finding itself the target of mounting public recriminations over its decision to move its corporate headquarters out of New York. The anger generated in the city's business and labour community was clearly unexpected and the airline is particularly369 words
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81 1978-12-02 9 A CAN Worid Airway.' merger with National Airlines will increase competition among PanAm chairman William Sea well said at a Civil Aeron«tics Board hearing oa the merger that PanAm needs a domertc route system to compete effectively with other US and foreign airlines. "Competition will81 words
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233 1978-12-02 9 Reuter UNITED Technologies get approval to go ahead with a planned tender offer for Carrier when a US dtotrkrt Judge denied a motion /Jo prevent the bid on antitrust r ,ndt it:: However, a for the Judge said Carrier has planned toReuter - 233 words
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Article107 1978-12-02 9 AFP THE MINERAL Water Deer' Park, a subsidiary of Switzerland's Nestle group, ta bent on rivalling France's Perrier in the sparkling, mineral-water sector of the US market. As part of its advertising campaign, Deer Park har for the last few weeks been marketing a sparkling mineralAFP - 107 words
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Page 9 Advertisements
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Advertisement385 1978-12-02 9 This Month's New Penguins Ymn I" Indian Prison: Mary Tyler TTT|[TTVt«J Recounts the author's experiences in en Indian Prison, Tdnrflll where she was locked away in appalling circumstances by V l A IkJ the regime of Mrs Ghandhi. This is a document of great sensitivity and personal courage in adversity;385 words
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DEALS DONE ON THE SES
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Article1045 1978-12-02 10 BED and offer prices officially Hated and business In and reported to the Stock: Exchange of Singapore yesterday with the number of shares traded shown in brackets in lots of 1,000 units unteasotherwlse specified. All Time Settlement Contracts are quoted after the word "sett". Big Board deal (in1,045 words
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Article260 1978-12-02 10 4 m IWM (390.000) (90.868 90 90S) 9% T P 1/1/93 (360.000) (100.388) 9 3/4% T P IVI/91-M (380,000) (103 308) 7 1/4% 19/19/98 (390.000) (100.75B) 7 1/4% 11/4/99 (390.000) (100.79B) 9 1/3% T P 11/9/97 (390.000) (100.408 100.998) 7 1/4% I/VB7 (390.000) (100.79B) 9 1/4% T P260 words
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Article149 1978-12-02 10 hngatou untt trust <**■■■»"»' prteea aw Dm 4) The Commerce 10T JJD The Saving Find 1 .a 1JT S pore Prog Fund 0 93 o* S pore Sec Fund l.TO ijj S pore Invest Fund 1.21 l n INCOME MM Income Bond MAKA wurvr > UNIT Ma) 1.11149 words
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Article2421 1978-12-02 10 1178 High Low Company U« Sale +orGr'i Div Dhr C'yr Gr'i Y'ld Not P/E Vol Day C000) High Low SECTIONONE INDUSTRIALS 272 238 178 219 275 111 280 328 245 660 132 123* 107 133 ***** 162 173' 140' 256 Acma Alcorn Allied Choc BAT Bala Ben2,421 words
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LATEST RESULTS
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34 1978-12-02 10 reported an interim 1978 dividend ofi per cent tax exempt (nil) payable to shareholders registered on Dec. 16. Bonus issue ooe-for-four to shareholders registered on the same date.34 words
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Article28 1978-12-02 10 announced an interim 1978 dividend of 3.5 per cent tax exempt (5 per cent tax exempt) payable Jan. 6 to shareholders registered Dec. 27.28 words
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57 1978-12-02 10 an- nouned a net profit of 12.30 million (no comparison), for the year ended Sept. 30 on turnover of 182.96 million. Final dividend 17 per cent gross (no comparison). The company did not give 1977 comparisons as it was not operating last year, being57 words
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Article, Illustration317 1978-12-02 10 SKNimSNT Mtln tar tin Mtv «Ik* Stack Exekaage of Bhppin jMtertajr with auj toertta at Ike'Tata tal daya. Geaerally, *11 Ik* Meters leaked krtgktar at lag. Trtll't",'Swrita leai waa aeleetlve ■iVtrtlMtai' Tkaaa eeaatera ■«H»I to itaa eaakrtakly akeee cecgalgkt lerela.aad a qaletly ■a<Btatoe?tareS»et317 words
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Article490 1978-12-02 10 SINCE February of this year it has been much harder for non-residents to invest in Swiss securities. The measures then paaaed to dampen the exchange rate S banning foreign purases of domestic securities and limiting those of non-residents' Swiss-franc bonds turned a great deal of outside490 words
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Article902 1978-12-02 10 FT AMERICAN doom watchers have an engaging way about them. They can take a dim view of both short and long term prospects for the US economy, the bond and the equity markets and still find the end of the rainbow somewhere in the middle.FT - 902 words
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COMPANY NEWS
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Article, Illustration660 1978-12-02 11 MANO SABNANI - py MANO SABNANI BGRJAYA Kawat seems set to haul itself to record levels of both sales and profits in the current financial year. 'Already, at the half-way mark to Oct. 31. the company hss proved its mettle with a 56.4 per cent660 words
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Article340 1978-12-02 11 BOOSTED by the markedly higher tin prices, Southern Malayan Tin Dredging (M) CSMTD) was well able to push mining profit some 30 per cent higher despite a 9 per cent drop in its total output for the year ended June 30.1978. /In its first year as340 words
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Article428 1978-12-02 11 Current Ex Booka Date Total for Total for Payment Date Cloae Payable tbe year Previous year Kema.van 10%(b) Nov 15 Nov 27 NYA 10% 7W Renong Tin 70% Nov 15 Nov 25 Dec 4 85% 50% Kinta Hellas Tin 200% Nov 15 Nov 26 DecS 200% 700% A428 words
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Article173 1978-12-02 11 Company Particulars Ex Date Books Close I' Sugars Bonus Issue of 1 (or 4 Nov 21 Dec 1 Min Sec Bonus Issue of 1 for 2 Decs Dec 23 Rahman Hydraulic Bonus Issue ot 1 for 2 Jan 18 Jan 28 Synthetic Resins Rights Issue of 2 for173 words
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353 1978-12-02 11 FT HARRISONS and Crosfleld (H and C), the plantations group at the centre of several contested bids earlier this year is bidding for the 40.9 per cent of Sabah Timber which it does not already own for £12.5 million (5153.38 million).FT - 353 words
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Article72 1978-12-02 11 THE Development Bank of Singapore has announced that for the year ended Oct. IS, 1978, the aggregate principal amount of the Keppel Shipyard Ltd.'i US$l5 million 8 4 per cent bonds 1984 arising from purchases made pursuant to Clause 4(c) of the conditions of the bond and from72 words
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287 1978-12-02 11 HAW PAR Brothers International says the price of $3.21 per share for the sale of its entire shareholding in Island and Peninsular Development (I and P) was arrived at after negotiation with the purchaser, Tradewinds (M), with particular reference287 words
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Article156 1978-12-02 11 ■min Miuj da M: AGM to be held at 73, Beach Street, Penaag, at 11.30 a.m. on Dec 5. Central Snears Mi: AGM to be held at Batu Tlga, Selangor, at 11.00 a.m. on Dec 8. 8etran LM: AGM to be held at the Conference Room of United156 words
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Page 11 Advertisements
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Advertisement211 1978-12-02 11 Your Business COMING SOON: THE ASEAN REPORT L« g >C,*. '..J ■Pr^ 1 v j&i >.£.<■ V V #>$ i- f ,-w «A: >V. The most comprehensive and authoritative independent document ever assembled on ASEAN. Compiled by The Implementation and Management Group. Published by The Asian Wall Street Journal. Two211 words
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588 1978-12-02 12 FONG MEW LENG - WORK PERMIT SCHEME By FONG MEW LENG ANOTHER work permit scheme to allow Singapore manufacturers to employ foreign labour from six neighbouring countries has been implemented by the Ministry of Labour. The scheme, called the Work Permit Scheme for Foreign Workers, allows selected588 words
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Article, Illustration121 1978-12-02 12 THE AREA bounded by Orchard Road, Emerald Hill Road, Buyong Road and Clemenceau Avenue, will be able to boast of having three hotels, two major office buildings, residential developments and at least three major shopping centres after redevelopment. The Urban Redevelopment Authority (URA)121 words
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Article38 1978-12-02 12 Reuter JAPAN imposed import curbs on dyed silk fabric yesterday after complaints from domestic silk weavers about a flood of the lowpriced fabric from Hongkong, the Japanese International Trade and Industry Ministry reported. Reuter.Reuter - 38 words
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Article502 1978-12-02 12 Agencies A TOP official of the European Economic Community has warned that a global recession like that of the 1930s could occur if the current round of international trade talks collapsed. Sir Roy Denman, the EEC's director-general for external relations, said that if the discussionsAgencies - 502 words
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Article728 1978-12-02 12 LONDON, Fri. Share prices advanced following the rally on Wall Street, dealer said. At 3.00 pm. the Financial Times index was up 4.7 at 486.2. Government stocks edged higher with gains ranging to around 3 8 point in longs. Shorts rose 1 8. Mining shres were steady after728 words
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200 1978-12-02 12 THE HNGAPOKE Poly. taalltettoe grewthtorthe ■net law years witk easing as a aMjar pre*lMs 'was stated by Mr Taa Bag Liang, Beaisr Minister s^giale^Tlh Staff" aliVi t MgM. Mr Jam astod tan* the Petytoehale Is nsw heated In a Mcger r uiplwr200 words
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546 1978-12-02 12 Reuter THE US DOLLAR surged ahead against the powerful Japanese currency on the Tokyo foreign exchange market yesterday and broke through the 200-yen level for the first time in more than four months. The American currency soared briefly to a rate of 201.70 yenReuter - 546 words
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355 1978-12-02 12 THE JAPANESE government yesterday released figures which virtually ruled out the possibility of It meeting an internationally-pledged target to help world economic recovery. t The Economic Planning Agency (EPA) said Japan's gross national product (GNP) rose by only one per cent in real terms355 words
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Article102 1978-12-02 12 UPI THE JAPANESE ruling Liberal Democratic Party unanimously elected Masayoshi Ohira party president yesterday, clearing the way for him to become Japan's next Prime Minister. Mr Ohira, 68, will become Prime Minister this Wednesday when Mr Fukuda's resignation is accepted by Parliament.UPI - 102 words
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Page 12 Advertisements
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Advertisement277 1978-12-02 12 Tourist arrivals from Indonesia is still I tops INDONESIA continued to generate the highest number of tourists to the Republic with 276,071 arrivals or 18.4 per cent of the total visitors for the first nine months of this year. Of the 276,071 visitors, 251,847 or more than 90 per cent277 words
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Advertisement228 1978-12-02 12 The combined effort of maiwof the woridk best medical minds Medical and ilth Annual WW: This decade has witnessed tremendous number of new discoveries in medicine, and some of the greatest advances in medical knowledge the world has known. Keeping abreast of all these new developments is an awesome task228 words
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