The Business Times, 27 December 1978

Microfilm: NL9923
Total Pages: 18
1 18 The Business Times
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  • Title Section
    Masthead
    10 1 BUSINESS TIMES M.C.(P) No. 21S/1/78 WEDNESDAY, DECEMBER 27,1178 50 CENTS
    10 words
  • BRIEFLY...
    • Article
      Lock icon Consplant shares
      67 1 Reuter SIME Darby Holdings Ltd said it has arranged to transfer 52.4 million shares of Consolidated Plantations Ltd to its wholly-owned subsidiary Malaysian Oriental Holdings Bhd. The shares, amounting to an 11.5 per cent holding will be transferred at market value and the M 589.6 million consideration will
      Reuter  -  67 words
    • Article
      New supermarkets
      64 1 THE SINGAPORE Industrial Labour Organisation and Pioneer Industries Employees Union Multi-Purpose Cooperative Society Ltd. will set up another four supermarkets by June next year, it was revealed at the society's annual dinner last night. Mr. Phey Yew Kok, chairman of the cooperative society said one will be at
      64 words
    • Article
      Civil defence plan
      59 1 THE VIGILANTE Corp intends to set up civil defence units in shipyards and factories to combat industrial accidents, the Corp said in the latest issue of its monthly newsletter, Vigilante. It will survey organisations to determine the number of VC members in each of them, and will
      59 words
    • Article
      Lock icon Philippines' $3b deficit
      55 1 Reuter MANILA, Tues. The Philippines had a trade deficit of US$l.25 billion (5J2.75 billion) during the first U months of this year, more than double that for the same period last year, according to preliminary central bank figures. The country's deficit for the first 11 months of
      Reuter  -  55 words
    • Article
      Lock icon Martial law in Turkey
      57 1 Reuter ANKARA, Tues. The Turkish government today declared martial law in 13 provinces following weekend riots in the south-eastern town of Kahramanmaras, where at least 93 people were killed. Prime Minister Bulent Ecevit, while announcing the cabinet decision taken early this morning, said the Kahramanmaras riots
      Reuter  -  57 words
    • Article
      Lock icon Iran's oil hits record low
      57 1 UPI TEHRAN, Tues. Iranian oil production plunged to a record low today as anti-Shah forces intensified their campaign of intimidation among oil workers. Western diplomats said production was now around 600,000 barrels a day only 10 per cent of the nation's normal output of just
      UPI  -  57 words
    • Article
      Lock icon Another reprieve
      85 1 Reuter TOKYO, Tues. Japan's Minister of International Trade and Industry said the US Treasury's Customs Bureau has notified Japan that it decided to postpone by one month the deadline for collection of dumping duties imposed on all Japanese colour television sets imported in the one and a half
      Reuter  -  85 words
  • Chief Price Changes
    • Article
      In Singapore yesterday
      142 1 Rises Most Active Oriental Hldgs 492 42 H Par 288,000 Straits Trading 560 15 C it C 510 10 S Darby 105,000 Perils Plant 212 8 U 0 B 68,000 Guinness 488 6 Wearnes 52,000 Magnum Corpn 342 6 Y H S Msia 265 6 Total Turnover:
      142 words
    • Article, Illustration
      In Kuala Lumpur
      152 1 Rises Most Active I A P Oriental FAN Magnum Esse CAC A Hi tarn Tin Per lis YHS(M) Male* Kempas Guinness Falls Carlsberg CAC Bintang 299 510 505 356 388 520 1020 214 270 318 400 498 394 263 +05 38 +05 16 12 +10 10 +08
      152 words
  • Article
    Sterling gamble in Peking bonds
    312 1  -  By GERALD COLVERD THE new open door to trade between China the the Western economies is building a quiet gamble in China bonds in the London stock market. Speculation has gathered pace since President Carter announced the resumption of diplomatic relations between the US and
    312 words
  • Article
    China probes banks here for loans
    770 1  -  Sy COLIN CHEE CHINA has been discreetly approaching a few Singapore banks for private financing of its hotel projects. Banks here have been in contact with some prominent Hongkong businessmen, who have been appointed brokers by the Chinese authorities to help work out financing
    770 words
  • Article
    STPB seat for NTUC
    363 1  -  By WANG LOOK KEAH THE NATIONAL Trade "Union Congress has gained representation on the Singapore Tourist Promotion Board. The NTUC wrote to the Minister of State for Finance, Dr Tan Eng u«ng for approval on Nov 2 and this was given on Nov 21. Sources said
    363 words
  • Article
    POSB is banking on computers now
    295 1 THE POST Office Savings Bank (POSB) has formed another subsidiary, this time to provide computer services. The new company, called POSB Computer Services Pte. Ltd., was incorporated in September with an authorised capital of $5 million. The object of the company is to provide
    295 words
  • Article
    C'bank to open $50m merchant bank here
    200 1 COMMERZBANK, West Gfr—syl third largest bMk, will ftm a merchant hank la fTh^spiii early next year." it will have a capital sf WodlAM, making It chaat baaks here. Agency reports (rem Frankfurt, the hank's head sffice, said Cemmersbaak has focstvad authorisation from the
    200 words
  • Article
    Call to revise senior public servants' remuneration
    531 1  -  By MARGARET THOMAS A TOTAL revision of the remuneration offered senior public servants will have to be undertaken immediately if Singapore is to have the high quality public service thst it will need in future. The revisions must be flexible, and to keep
    531 words
  • Page 1 Advertisements
    • Advertisement
      Page 1 Advertisements Column 1
      30 1 whatever you need in menswear, get it at... MOHAN'S OEPt STORE (PTEJ LTD. 3n Orchard 1W *****22 (rwxt >oMandarin Mow) Branch: 101, TangMn Shopping Cantiv 1M *****40 Daily' 9«m-9 pm
      30 words
    • Advertisement
      Page 1 Advertisements Column 2
      106 1 BIRKART FREIGHT NEWS GBN Contoner Line ore pleased to announce the extension of their existing For East ond Singapore/Logos service to include: Douala (Cameroun) Port Horcourt (Nigeria) Abidjan (Ivory Coast) Monrovia (Republic of Liberia) and Tema (Ghana) subject to inducement Commencing with soiling of M.V. "Kyosei Moru" eto 10th Jon.
      106 words
    • Advertisement
      Page 1 Advertisements Column 3
      7 1 r"t IMPACT af Opte price SHIPPING TIMES
      7 words
    • Advertisement
      Page 1 Advertisements Column 4
      196 1 Business SINGAPORE BUSINESS The Editor 4C —a robust, yet very elegant machine. The heavy-duty Editor 4C is built for continuous use This is a very tough, fast typewriter that is easy and reliable to operate. It's trouble free. And it doesn't allow errors. You're protected against all the most common
      196 words
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  • Article, Illustration
    Lock icon ELECTRONICS BONANZA FOR U.S. TOY MAKERS
    1419 2  -  By PETER SCHUYTEN NYT AND WHAT did the toy industry want for Christmas? Maybe something new, a product that would steadily sell throughout the year to adults as well as youngsters and in the process not erode the market for conventional toys? In fact,
    NYT  -  1,419 words
  • Article
    Lock icon The battle is now on to carbonate man's belly
    530 2  -  By RUSSELL BAKER NYT THE STRUGGLE to carbonate man's stomachs enters a new stage. Cocacola is moving into China in bottles and cans. Syrup will soon follow. The company's agreement with Peking specifies that no other cola drink will be sold
    NYT  -  530 words
  • Article
    Lock icon Jogger Wang and his long-distance Formosa empire
    1088 2  -  Y. C. WANG, 62, reputed to be the richest men in Teiwen, jogs long-distance everyday before dewn. He end hie Formoee Plestic group epitomise the economic ruggedness of en islend increeeingly. isolated in the international diplomatic community. Henry ScottStokes reports: Henry ScottStokes NYT
    NYT  -  1,088 words
  • Article
    MEMO PAD
    345 2 COURSES AND TALKS Nov 6-Jan 27: Life insurance agents certificate course (English and Chinese), STPC, snC Jan 6: Dynamics of communication and growth workshop, Hyatt Hotel, Dr Dale Bailey Jan 8-10: IE Module 1 Method study. Human Factors Engineering and Safety Royal Ramada NPB Jan 8-23: Industrial Hydraulics
    345 words
  • Page 2 Advertisements
    • Advertisement
      Page 2 Advertisements Column 1
      44 2 mm x a k* £1 SS «<• U $Ss£ s® m %•> H s® a ft m m W- >\\ ♦\V h P SJ I BALLY OF SWITZERLAND LEADMG MENSWEAR TAILORS A STORE OUTFITTERS ST CENTRE •LUCKY PLAZA* OCEAN BWLONG EME HOUSE *HRJON, RAFFLES HOTELS* COLD STORAGE
      44 words
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  • Article, Illustration
    Lock icon Modernisation and its dizzy pace in China under Teng
    669 3  -  By CHARLES SMITH UPI MORE AMERICANS than ever will be going to China next year and it won't be long before they will be flying there on an American airline, drinking cokes in Shanghai and eating "big Macs" at the Great
    UPI  -  669 words
  • Article, Illustration
    Lock icon NO CHRISTMAS GIFT FROM OPEC
    1267 3 A YEAR ago, a grateful world acknowledged Opec's oil price freeze. But this Christmas, there*is no such gift from the oil producers. John H. Lichtblau, executive director of the Petroleum Industry Research Foundation analyses the impact of the massive price increase: NYT A YEAR ago
    NYT  -  1,267 words
  • Article, Illustration
    Lock icon Spill-over impact of the Indochinese war
    1250 3  -  By DAVID BINDER NYT THE CARTER Administration has become more concerned in recent days over increased fighting between Cambodia and Vietnam, which knowledgeable officials now characterise as full-scale war. The Administration's concern focuses not only on the impact of the fighting on Indochina but
    NYT  -  1,250 words
  • Page 3 Advertisements
    • Advertisement
      Page 3 Advertisements Column 1
      163 3 CONSULT THESE AUTHORITATIVE LAW BOOKS mm. Now ovoiloble of oil leoding bookstores 1 MALAYSIAN INCOME TAX (2nd edn) Supplemented to 1979 $99/- by Awther Singh 2 MALAYSIAN INCOAAE TAX (abridged) Supplemented to 1979 $27/- by Awther Singh 3 COMPANY LAW OF SINGAPORE AND MALAYSIA VOL 1 and IA $135/ per
      163 words
  • Page 3 Miscellaneous
    • Miscellaneous
      Page 3 Miscellaneous Column 1
      592 3 TWO-IB-CRYPTIC PUZZLE ACROSS 1 Just the sort of bath to boil? (6) 7 Royal station (I) 10 Owlish siren? 11 A current unit (6) 14 Allowed a portion of lettuce (3) 16 Father of Patricia and Elizabeth (S) 17 Tie up In the back room (4) 19 A stiff game
      592 words
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  • RAW MATERIALS
    • Article
      Lock icon Gold continues shine in a quiet market
      575 4 AFP GOLD was a firm and volatile exception in an otherwise seasonally quiet period on.the London commodities markets last week at the approach of the long Christmas weekend. Sterling's comparative firmness against the US dollar was again the main element behind the trend.
      AFP  -  575 words
    • Article
      Lock icon Avacados the green gold
      544 4 NYT THEY ARE dubbed green gold but, unlike a gold hoard, they also bring in steady earnings. They are the ultimate fruit for the gentleman farmer a cash crop requiring minimal care that waits patiently on the tree for the most propitious moment to be plucked.
      NYT  -  544 words
    • Article, Illustration
      Lock icon Big problems plague coconut smallholders
      940 4 Depthnews MALAYSIAN planters with smallholdings have big problems which vary inversely with the importance of their crop. This is particularly true of poor coconut smallholders whose crop is not of central importance to the Malaysian economy. Rubber smallholders, of whom there are hundreds of thousands,
      Depthnews  -  940 words
    • Article
      Rates futures the fastest growing market
      1034 4 THE CHICAGO Board of Trade's futures market is bedlam to the first-time vistor. Traders clustered in pits yell and gesticulate at each other, messengers race around clutching fistfuls of paper. Above it all, giant electronic boards flicker the latest prices for everything from frozen
      1,034 words
    • MONEY AND EXCHANGES
      • Article
        Singapore market
        473 4 WITH the Hongkong and London foreign exchange markets closed, the market here was thinly traded yesterday. However, the US dollar continued to weaken on very light trading against the yen and deutschemark although it firmed against the Singapore dollar on thin commercial demand. Opening at 195.60/70 against the
        473 words
      • Article
        Ceiling on additional lending lowered
        146 4 THE BANK of Japan —ih it has lowered the ceiling on net additional lending! by L 3 Japanese city k»nk« fo the January-March quarter at next year to 979.00 billion yen from 1.22 billion in the same 1978 quarter. The window guidance framework for three
        146 words
      • Article
        Asian $ rates
        184 4 Asian rates ASIAN currency deposit Interbank rates as at close on Dec 26 US Mhn(8Ml) Offer Bid 7 days 12 1 12'* 1 month 1111/*****/16 2 months ir. u>« 3 months 121/16 11 15/16 6 months 12 1 > 12 3 8 months 12 3/16 12 1/16 12 months 12
        184 words
      • Article
        Discount
        56 4 Range of pr icon offered by discount bona tea oa Doc M Overnight 4 to 4>>« Call deposits J 4'.* Clotimf Ravimf AaIHm 3 month D*yiBf MIUI| Treasury bills 4 3 month Bank bills 77/16 7 5/16 3 month CD 7 1 i fs 6 month CD 711/16 7
        56 words
      • Article
        MLR
        21 4 THE average rale at which Singapore banks are currently prepared to lend to their best customers is 7.5 per cent.
        21 words
      • Article
        Tokyo
        155 4 THE US dollar for overnight delivery yesterday closed easier at 195.30 yen, compared with a 195.50 opening and 195.35 at Monrday's close. The US currency eased in nervous light late trading, following early steadiness, dealers said. There was limited dollar selling by foreign banks to buy yen for Asian
        155 words
      • Article
        London
        123 4 THE market was closed yesterday. On Friday, the dollar closed steady after a virtually inactive afternoon session here ahead of the Christmas holiday, dealers said. The slower rise in US consumer prices in November helped sentiment but had little practical effect on rates in view of the restricted activity.
        123 words
    • Article
      FOREIGN RUBBER
      49 4 THE TOKYO rubber market yesterday edged up throughout the day to finish at the highs of 0.7 to L 5 yen higher, but turnover was thin, dealers said. The market was aided by an easier yen against the US dollar on the foreign exchange market, they said.
      49 words
    • Article
      Produce exchange
      181 4 IT WAS All quiet on the Singapore produce exchange yesterday as most of the overseas markets were still closed for the festive season. Prices quoted by the Singapore Chinese Produce Exchange remained unchanged with only a handful of deals done for copra and coconut oil. Coffee saw thin
      181 words
    • Article
      Rice
      80 4 BANGKOK rice prices werp quoted as follows yesterday: JfrSff" tM>> VMto Km: 100 pet lat dmm SO. 100 pet Sad claa MB, ISO pet M elMi n, S pet as, 10 pet SR. 15 pet *7. S> pet M 5. SpctKßpet unq. ■Nkn: A-l wpcr IM, A-l qtadal ITT.
      80 words
    • Article
      Straits tin
      41 4 THE STRAITS tin price In Penang yesterday was unchanged at M 51,785 per plcul, $85 above the International Tin Agreement celltag. Trading was fairly quiet due to London's closure, while turnover rone to 191 tonnes from Saturday's 98 tonnes.
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  • Page 4 Advertisements
    • Advertisement
      Page 4 Advertisements Column 1
      65 4 I A th(2 romantic. Th(Z exquisite. Thz (zlpgant. ■Discover... 2T, Y An .iiii.i ot rom.mi rc.ifnl bv tlu h.inmnv; vMi Jrns arul thr soft <Jmv ot c«i nJii 11 jnit's sin>!hini; miMi .inJ nil pr< <. i! it sit vur. Hit IVI rdct t\' i>i K>vrrs. Ot h.mtt t uim
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  • OVERSEAS
    • Article
      Lock icon Japan loan for Iran venture
      201 5 Reuter A JAPANESE nnrttun at 21 kuki M by the aemlaffidal Brim Buk ut Japu ku MM I* npply jui addtttoaal KJ biliiM yea (8*427.4 millisa) Isaa to Japanese iavestmeat eMpuy, Iraa Chemical Development Ca. Ltd. (ICDC), to help daaaee a ss-5$ jslat Iraaias Japasese
      Reuter  -  201 words
    • Article
      Lock icon Shah of Iran agrees to curb powers
      691 5 Agencies THE Shah of Iran has accepted in principle a new government arrangement that could sharply reduce his strong powers and eventually make him little more than a figurehead. Sources said agreement by the Shah to the new programme is part of a
      Agencies  -  691 words
    • Article
      Lock icon Fear in US over price controls
      945 5 MANDATORY THIS TIME? NYT PRESIDENT Carter's voluntary wage and price guidelines, though only a few months old, have already caused confusion and considerable speculation that mandatory controls are likely to follow within a year. The administration has insisted there will be no mandatory controls,
      NYT  -  945 words
    • Article
      FEARS OVER HARRIER DEAL
      147 5 SENIOR British industrialists fear that Britain may lose the opportunity to sell its revolutionary jump-jet Harrier aircraft to China because of opposition to the deal by influential left-wing Cabinet minister Michael Foot, industry sources said yesterday. Mr. Foot, deputy leader of the ruling Labour Party, holds
      147 words
    • WORLD IN BRIEF
      • Article
        Lock icon SOVIET PULL-OUT
        574 5 Ageacies AN Dyushin 62 jetliner has flown out of the Persian Gulf city of Abadan with the last group of wives and children of Soviet technicians in Iran, a Russian source said on Monday. The Russians completed their pullout amid renewed, violent protests against Shah Mohammed Reza Pahla
        Ageacies  -  574 words
    • Article
      Lock icon Carter to deregulate trucking industry
      313 5 NYT THE CARTER Administration, enthusiastic over the outcome of its policies to deregulate the airline industry, is now gearing up for a big push to relax the regulations governing trucking. The outcome of the actions could have the most profound impact on trucking and shipping
      NYT  -  313 words
    • Article
      A defensive tightening
      491 5 D. Foss and R. MohJere of Bankers Trust review the US money market. PRESSURE on the US dollar in the foreign exchange markets stemming from the Opec oil-pricing announcement triggered a modest tightening move by the Federal Reserve this week. At the end of the week, prices
      491 words
    • Article
      Israel anxious over Spanish rivalry in EEC
      306 5 ISRAEL has voiced concern at the prospect of Spain joining the Common Market because its farm produce will compete with traditional Israeli exports to the EEC. Israeli Foreign Minister Moshe Day an, taking part in the first cooperation council between Israel and the
      306 words
    • Article
      DAILY AIRCRAFT MOVEMENTS
      730 5 ARRIVALS Service Local Operator Number Time From TMA TL375 0530 BEY/DXB/ MAS BOM/KUL MH601 0700 KUL MAS MH682 0725 KCH SLA SQ10I 0815 KUL MAS MH621 0840 PEN MAS MH607 0845 KUL MAS MH671 0945 PEN/KUL CPA CX710 1006 HLP GIA GA980 1030 HLP THAI TG423 1035
      730 words
  • Page 5 Advertisements
    • Advertisement
      Page 5 Advertisements Column 1
      168 5 SINTAT Rent-a-Car S.NGAPORf A Ul>< TEL *****S Cl 7 !tl Call us tor your local or onward reservations These securities have been sold outside the United States of America. This announcement appears as a matter of record only. NEW ISSUE 20th December, 1978 Banque Nationale d'Algerie U.S. $25,000,000 Floating Rate
      168 words
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  • REVIEWS
    • Article, Illustration
      Lock icon Japan's art pales from a Western diet
      1176 6 FT AFTER THE KABUKI I drama had gone on for two hours, a delightful guide- interpreter suddenly turned to her guest and said: "Isn't it boring" and applied herself to her Penguin paperback. Stultified by this slow moving misery, be was inclined to
      FT  -  1,176 words
    • Article
      Lock icon No great leaps forward
      1060 6 NYU THESE WAS a radicalism la the lMto, aa attlMe sf revtiitfM which NManged lnvttfiM, writes Aim Livet sf the Pert Wsrth Art Mueam ud editor ef a new bsek, Cmtempanry Dmace. Bat, she ails, U Interesting pelnt is that m aew geaeratlsa sf cbsreegraphers has
      NYU  -  1,060 words
    • Article
      Lock icon New wine hits the spotlight
      1033 7 NYT ZINFANDEL NUEVO, Vino Nuovo, Harvest Red, Beaujolais Nouveau, Gamay Beaujolais Nouveau what's going on here, anyway? Its very simple everyone wants to get in on the success of new beaujolais. Beaujolais nouveau, in case you hadn't heard, is the biggest thing in wine since
      NYT  -  1,033 words
    • Article, Illustration
      Lock icon Most famous grand hotel on wheels
      656 7 NYT Title: The Orient Express Author: E.H. Cookridge Publisher: Random House Pages: 288, illustrated Price: U5512.95 Reviewed by Anatole Broyard KINGS AND CROOKS, millionaires and refugees, big game hunters and smugglers, prima donnas and courtesans travelled on it; tycoons and financiers clinched their deals
      NYT  -  656 words
    • Article, Illustration
      Lock icon UNLIKELY KNIGHT
      881 7 NYT Title: E.M. Mv, a ate. 1 i Vita* 1 Ike gmrtk af Ike mwiM, mum Pag**: 9M, illaatratod; Vita* t Paiyeratee Blag, 1914-1911 Pag**: 30, Illaatratod. Aether: P. N. Parhaak. Paklletor: Bareevt Brace JenatfM Price: USfl&Jt n, ~i, a a. ivpvTfwei my unmpitf I ifimm Hupt AS
      NYT  -  881 words
  • Page 6 Advertisements
    • Advertisement
      Page 6 Advertisements Column 1
      284 6 IJ£ Cream Sherry You don't have to pay a high price for a good Cream Sherry. Another quality product from Do something completely different this year. Pack up your bags and take off to Sentosa. Then enjoy 3 days and 2 nights of fun and excitement at a first class
      284 words
  • Page 6 Miscellaneous
    • Miscellaneous
      Page 6 Miscellaneous Column 1
      390 6 TIME FILMS: FANS of Bar bra Streisand can end the first day of 1979 with a couple of hours of their favourite star on the screen at the Hilton Movie House. A Star is Born, also starring Kris Kristofferson, will be screened at 8.15 pm by the poolside on the
      390 words
    • Miscellaneous
      Page 6 Miscellaneous Column 2
      300 6 B.WWDTO SINGAPORE 5 I 3.00 Opening followed by The Beverly Billbilles The Grunion Invasion (Repeat)* 3.25 Diary Of Events (Malay)* 3.30 Bonanza Search In Limbo* 4.20 Intermission 6.00 PM Opening followed by Petticoat Junction 6.30 News in Brief* 6.35 Timang Tinggi Tinggi (Malay—Repeat)* 7.05 Candid Camera* 7.30 News and addenda
      300 words
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  • Page 7 Advertisements
    • Advertisement
      Page 7 Advertisements Column 1
      348 7 V ~4> Presenting George David from Country and Western to evergreen. LMantoa whole new world of muMcai djffwenc* wKh nowi AX-7aound mixing HHwi /y I t s w 7 sc. f"-T« "COME, WINE AND MNE IN THE MANNER FIT FOR IMPERIAL LORDS" Now. there's a place where you can really
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  • Page 7 Miscellaneous
    • Miscellaneous
      Page 7 Miscellaneous Column 1
      70 7 BllStoW Dittos fbop dcvilV Hou> Goes THe.yvc CPUGHT T ne rnf\sreßm»ND BesfbusiQu. PcR ft£jD«nG Tep> >*E>oi»O rr\fSC«tt4£. tJ»TH PLpfcfic D»SCS %> S! u uers go Dojoh To Tne PssenSLN LlN£ ...S€e HtMJ HGS C">PK»NG CBN'T STOP.' I CP*N*T GO ONi roucu LOMG»€J2 f? HC'S MOT PvueoJeD T 0 USE. "Tv-l£.
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  • INTERNATIONAL STOCK MARKETS
    • Article
      Lock icon Market bullish
      491 8 TOKYO Source: DBS-Daiwa Securities THE MARKET was relatively bullish yesterday with interest mainly on medium-sized blue chips and large-capital issues, since the major brokerage houses gradually started to take an active part because yesterday was the first trading day for delivery next year. The Nikkei Dow-Jones avera'ge recovered
      Source: DBS-Daiwa Securities  -  491 words
    • Article
      Manila
      99 8 DEC 26 Pesos Aloje Mining At -***** Mlas Con, A Atlas Con. B. ZZ 1840 0.4 Bagnio Gold 0115 unch Benguel Con. B 27 50 0.25 Bf Goodrich 21.50 COCP 24 20 -0.3 l*fo B Lfcpanto B. .2150 unch Marinduque B 6 65 0.1 Meralco 24.30 08 Oriental A
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    • Article
      Bangkok
      174 8 BE C 28 Bakl Bank of Asia Bangkok Bank 270 18 394 -12 Bank of Ayudhaya Ltd 318 +40 Bangkok Metropolitan Bank 1,452 unch Laem Thong Bank unq Thai Commercial Bank 586 +10 Thai Danu Bank unq Thai Formers Bank 380 14 Union Bank of Thailand 385 +2 Industrial
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    • Article
      Selected Indices
      36 8 FINANCIAL TIMES INDUSTRIALS Friday 479.3 Thursday 478.2 Week Ago 481.0 DOW JONES AVERAGE INDUSTRIALS Friday 808.47 Thursday 794.79 Week ago 805.35 LONDON DOLLAR PREMIUM Friday 83 to 83' Thursday 81 3 4 to 82'<
      36 words
    • European markets
      • Article
        Paris
        269 8 DEC 22 Frj CORBEILLE Alr-Llqulde B S N Qervals Danone C S F (Thomson Csf) CI* Francalse des Petroles 389 565 380.50 Ml SO 8.5 -ii Compagnlf Financier? Compagnle Generale Credit Foncter De France Hachette (Llbralrle) Machine* Bull Mlchelln (B) Paribas Pechiney Clglne Kuhlmann Peugeot Philips (Nv Gem BezJt)
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      • Article
        Brussels
        95 8 DEC 22 Fr* FORWARD MARKET 410 unch Arbed 2060 >30 Astur 604 -16 Brtacan 415 >3 Bru-La mt) 1540 unch Canpac 502 -4 Cock 426 2 rv Beer* 180 unch Ebes 2380 unch Electrobel 6750 -10 Gb-Inno-Bm 2500 15 Gev 1406 6 Ho bole 2470 50 Pelro 3190 •10
        95 words
      • Article
        Frankfurt
        208 8 DEC 22 Aef-Telefunkrn Dm 78 50B Akzo 28 TO Alls Ltbtn 700 00 Alii Vm MR 00 BASF 134.50 Bay H T Wban It Bay Vbank 313.50 315 40 Bayer 135.50 BBC 314.00 BMW ***** raxsella Chem Verw Com mert bank Conti Gummt ill! J -03 Daimler-Benz Degussa Dnmi
        208 words
      • Article
        Milan
        98 8 DEC 22 Lire Anlc Assoc Gen 30 50 ***** 0.25 10 470 2 Central? 4306 -45 Flat 2835 136 75 *36 Gen Immob o» 05 IF! Prt Itaicementi IUlfU Ilalslder 2348 ***** 742 314 +4 -220 -5 4 MtpifU M Pf Marelll Ere 514 218.50 -35 -5 Medlob MiraJanza
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      • Article
        Zurich
        189 8 DEC 22 Francs Actions Suisses 277 1 Alusulise Br. 1120 ♦5 Alusulsse Rcf 4S5 3 Brown Boverl Br 1670 unch Clba Gelgy Br. 1120 unch Clba Geigy PC >85 -35 Clba Gelgy Rff 646 1 Credit Suisse Br 2185 5 Credit Suisse Reg 424 unch Elektrowatt Br 1820 unch
        189 words
      • Article
        Amsterdam
        203 8 DEC 22 Fls ABN 371.00 1.5 Ahold ***** -1.5 Akzo 29 10 03 AMEV 90 00 -04 Am fas 109 00 Amrot Bank 74.90 -0.1 Bergoss 5110 -04 Berk 83 00 -0.5 Bols 72.50 -0.5 BorsumiJ ***** 08 Burhmann 72 00 -0 1 Byenkorf 8900 -03 Calve Delft 168
        203 words
    • Article
      NEW YORK
      872 8 DEC 22 vat ACF Industries 31V V Addresaograph 22 IV Alrco Inc A lean Alumin zz: 3«s. Allegheny Lud 14 > unch Allied Chem Cp 20s Allied Stores 21 V Allis-Chalmers 29'. Alumhqo Amer 48. IV Am Airline* US V Am Brands Inc SO'.' Hi Am Broadcast 38'.
      872 words
    • Article
      TORONTO
      223 8 DEC 22 CS Abltlbi Us Alcmn 40'/ Algoma at'. Bank Mont »>. unch Bank Nova ScoUa 23 Bell Tel (9s BetU Corp BP Can Ltd lf~. Zu Brasran ia< Si Camp Red Lake 35': unch Can Imp Bk 28 s Canpac Mi. s Canpac In* Pf M'«b Car ling
      223 words
  • MARKET REVIEWS
    • Article
      Opec price rise dampens stocks
      936 8  -  SINGAPORE > By ANTHONY TAN IT WAS a week of mixed reaction following a mixed bag of news in the previous Weekend. The Stock Exchange of Singapore was galvanised into action at the beginning of last week following the abolition of margin trading for Big
      936 words
    • Article
      TOP TEN STOCKS
      111 8 THE fallewlag list af stocks gives the II meat traded ea the Stock Exchaage si Siagapare last week. It gives the taraever la theasaads sf malts, ctostag prices aa Friday aad the high aad law far lflB 1M Not 11 1918 Sin* Darby Holdings 1.768 2.95 4.06
      111 words
    • LOCAL STOCK INDICES
      • Article
        SINGAPORE
        77 8 Dee IS DM 19 Dee M Dee tl DeeS ~BT Index 1681 79 1631 74 1647.91 1665.68 1661.37 Industrials: 349 72 343 99 343.81 345.15 345.33 (p Finance: 623.74 613.70 615 00 618.82 618 91 ••Hotels 274.fi 272.52 272.82 273.26 274.71 •Properties: 213 08 210.76 210.69 208.71 ***** ♦Tins:
        77 words
      • Article
        MALAYSIA
        90 8 Dee IS Dae It Deem Dee a Dee B •*BT Index: 2307 62 2249 75 2281 43 2299.64 2317 69 'Industrials: 375 52 370 89 372.58 374.71 ***** Finance 523 73 515 43 515.88 519.53 520.52 ••Hotels 248 58 248.38 248 46 248 46 248.46 •Properties: 191 68 189
        90 words
    • Article
      KLSE suffers widespread losses
      248 8 K.LUMPUR k 4 THE OPEC decision to raise oil prices by 14.4 per cent shook stock markets worldwide and prices tumbled in its wake. The Kuala Lumpur stock market, moving in line with the world's leading market, also plunged as nervous sellers flooded the trading floor
      248 words
    • Article
      Lock icon IBM stock split boosts Wall St
      756 8 r 1 NEW YORK d NYT LAST TUESDAY morning, shortly after the New York stock market opening, Mr. James Hardesty was seated at his desk on the 17th floor of 36 South Charles Street in Baltimore. A man from the trading desk rushed into
      NYT  -  756 words
    • Article
      Setback for oil stocks
      216 8 r SYDNEY k j OIL PLAYED Ike Maaat teetor la toe fall aad sahseqaeat rise at aatiaa aJ share market* last week. weehead by toe Arab *U prtdarlag eaaatriea «f a 144 per eeat rise la wartd •U prices kit share Markets hard as hrakers were
      216 words
    • Article
      Investors are older but not wiser
      787 8  -  LONDON b 4 By GERALD COLVERD THERE has been so much discussion about energy following the Opec oil price increase decision that it has sapped the strength of London's fund managers. Allowing the market, in index measurements, to settle exactly where it stood a
      787 words
  • Page 8 Advertisements
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      Page 8 Advertisements Column 1
      241 8 Hi iJ TO Why idto away your Ufa and languish'm pooriy paid Jobs with no future whan you can mova ahaad with tha BIGHT QUALIFICATION? Enrol now with FEDERAL PUBLICATIONS HOME STUDIES DIVISION for any of tha following coursas and gat jutt THAT QUALIFICATION! WOLSEY HALL OXFORD Institute of Adrninittrstiw
      241 words
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  • INTERNATIONAL COMPANY NEWS
    • Article
      Lock icon Guinness drinks to good results
      730 9 r EUROPEAN FT AS FORECAST, pre-tax profits of Arthur Guinness Son and Co. showed a substantial improvement in the second half, and reversing the downward trend of the first six months finished the 53 weeks to Sept 30. 1978, ahead from £39. 5 million to
      FT  -  730 words
    • Article
      Lock icon Toyota Motor lowers export estimates
      336 9 r ASIAN Reuter TOYOTA MOTOR said its vehicle exports in calendar 1979 will fall 3.8 per cent to US$l.26 million from an estimated $1.31 million this year. Domestic sales of its vehicles are, however, expected to rise 6 per cent to 1.60 million from an
      Reuter  -  336 words
    • Article
      Lock icon Matsushita convertible
      196 9 Reuter MATSUSHITA Electric Industrial plans to offer a 50 billion yen convertible bond without collateral on the Japanese capital market next April. Japan's Finance Ministry said this will be the first unmortgaged corporate bond issue in Japan. But it had not yet decided whether to approve it. Ministry
      Reuter  -  196 words
    • Article, Illustration
      Lock icon Alitalia likely to pick the Airbus
      89 9 Reuter ALITALIA president Umberto Nordio said the Italian state airline is likely to choose the European A3lO Airbus to replace its McDonnell Douglas DC9s in the next decade. He said the airline planned to buy up to 45 new planes and the choice will
      Reuter  -  89 words
    • Article
      Lock icon VW CAR PLANT IN ECUADOR
      90 9 Reuter V OLKSWAGENWEBK will MM a ear ptaat la Eeaader at a east ef US$l« mllllM. try ef ladastry mM la a cemmaalqae that the ptaat Is sehedaled to g» late pradaetlea la MM aad reach aa —I eatpat 9t *jm "Getf" type can by
      Reuter  -  90 words
    • Article
      Lock icon Green light for Chrysler deal
      90 9 Reuter SHAREHOLDERS of Peugeot-Citroen approved the deal under which the company will take over the UK, French and Spanish subsidiaries of Chrysler of the US. Peugeot-Citroen said the shareholders also approved the creation of 1.8 million new Peugeot-Citroen shares to be taken up by Chrysler
      Reuter  -  90 words
    • Article
      Lock icon Perkins, Chrysler in Taiwanese joint venture
      155 9 UPI PERKINS ENGINE of England and Chrysler of the United States will cooperate with Taiwan Machinery Manufacturing (TMMC) to build heavy duty trucks in a Joint-venture project TMMC sources said a letter of intent for the US$7O million technical cooperation project was signed last
      UPI  -  155 words
    • Article
      Sony goes to Brazil
      109 9 SONY said it will build its first overseas video tape recorder manufacturing plant in Brazil, to start operations early in 1980. Following official authorisation granted by the Brazilian government, construction work will begin early next year, it said. The plant in Curitiba, the capital of the
      109 words
    • Article
      ALGERIAN BOND
      80 9 BANQUE Exterieare d'Algerie, Algeria's state-ru baak far trade aad develspawat, has Mprt aa agreeiaeat with Mm Baak •I Tskye to Issae a If billies yea, 1.7 per ©eat, 18-year, bead threagh private plaeemeat la Japaa. The Baak ef Takye said the preeee* ef the taaae will be ased
      80 words
    • Article
      CHICAGO BOARD OPTIONS
      1569 9 On December 22 CHICAGO Board Options Exchange volume climbed to 135,325 contracts from 92.638 on Thursday OPTION JAN A PL JLY STOCK Alcoa 40 6 3/8 UNTRD NOL 48 3/8 Alcoa 43 4 6 UNTRD 483/8 Alcoa SO 13/16 27/8 33/4 48 3/8 Alcoa 60 7/8 UNTRD
      1,569 words
    • Article
      Lock icon IBM wants to woo little guys too
      824 9 N.AMERICAN NYT STATELY, cash-plump International Business Machtass )ottiod up Wall Street at least lor a while last week with its dedstou to •P**t its expensive stock four lor out. Why did IBM do it? Frank Cary, IBM's S-year-old chairman and chief executive, responded
      NYT  -  824 words
    • Article
      Pillsbury enjoys second quarter jump
      282 9 PILLSBURY, the parent of the Burger King fast-food restaurant chain, has reported that second quarter profit rose to US$26.B million, or 11.53 a share, from 824.4 million, or $1.39 a share, a year ago. Profits for the six months increased to $48 million, or 82.63
      282 words
    • Article
      Lock icon MacMillan Bloedel bids to take over Domtar
      878 9 NYT IN A DRAMATIC, tranKontinental salvo of corporate takeover announcements, MacMillan Bloedel, Canada's largest forest-products company, announced last Friday a bid to swallow Domtar, the industry's third-largest company. The proponed takeover, which would involve about US$4l5 million, came from MacMillan's Vancouver headquarters )ust
      NYT  -  878 words
    • Article
      Lock icon Refund order will hurt GTE earnings
      413 9 Reuter GENERAL Telephone and Elebtronics said ISTB net Income could be reduced by 13 cents a share tram refunds ordered by the California Public Service Commission and lon of related tax benefits. The company said its Cahfornian subsidiary was ordered by the commission last
      Reuter  -  413 words
    • Article
      Lock icon Boeing orders
      53 9 Reuter BOEING mU it received orders lor nine more Jets, raising total 1911 order* to <75 agaiMtfli test rear. The orders camlM of atx 707s lor the US Air Force, a 737 for Southwest Airlines, a 737 for Braatheas of Norway, aad a 7X7 )st for Turk Hava
      Reuter  -  53 words
  • Page 9 Advertisements
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      Page 9 Advertisements Column 1
      90 9 Why Elmer? We'd be the first to admit that Elmer sounds rather like a faded Hollywood star! But actually our name is PerkinElmer. And we're one of America's biggest minicomputer companies. Perkin-Elmer might still sound a mouthful, but what we have to offer will make you gulp. We provide important
      90 words
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  • DEALS DONE ON THE SES AND KLSE
    • Article
      In Singapore
      1005 10 BID and offer prices officially listed and business in and reported to the Stock. Exchange of Singapore yesterday with the number of shares traded shown in brackets In lots of 1.000 units unless otherwise specified. All Time Settlement Contracts are quoted after the word 'sett Big Board deal
      1,005 words
    • Article
      Government bonds
      139 10 bonds Kl£7 /T (aojoo# > (100 JOB 1«M (29*400) (MJ2B »«eT <»U»>(»s7B ft 3/4% T r 15/7/80-83 (230.000) (102.506) s*lB/4/81 (290.000) (M.708 yW -30S) f*TT (*****0) (*****8 100J06) 5 8/4% TP 15/8/81-84 (290,000) (102J08) 6* T P 18/11/84 (280,000) (*****8 *****8) 7% 15/4/85 (*****0) (100.758 100.908) 7% 1/8/85
      139 words
  • Article
    Unit trusts
    89 10 ■•wwinwnw -<M"|<|||'P«—1» ttw«D TheComacrc* LM jj| J}* 8m** Fund LIT 1J5 Spow PWfFtad Ml Ml S'port Sr. Fund 1JT 1.TT S pare Invest Fund in i at MUUNfflUR ■VDHD) US 117 L» 1.15 1-U LIT rv- u< Ui (Mug? KPCTI mrnwr S'por* Growth Fund kr Dm fT) MB't
    89 words
  • Article
    SHARE INFORMATION SERVICE
    2678 10 1978 Last Sale 4-or-Gr*a Div Div Cvr Grt Net Y'ld P/E Vol Day COOO) High Low SECTION ONE INDUSTRIALS 273 132 Acma 238 123* Alcom 178 107 Allied Choc 219 133 BAT 275 195* Bata 111 59 Ben 280 182 Berjaya Kawat 328 173* Boustead 245 140*
    2,678 words
  • Article
    In Kuala Lumpur
    1423 10 BID and offer price* officially luted and business In and reported to the Kuala Lumpur Stock Exchange yesterday with the number of shares traded shown in brackets tn IoU of 1,000 units unless otherwise specified. INDUSTRIALS A|inam*ta (2.7C8) Altsm (I.MBI (1) 1 S8 A Chat 11.128 1
    1,423 words
  • Article
    COMPANY MEETINGS
    203 10 AGM to be held at Suite B, 2nd Floor, R«nfpm»»» Ming, Jalan Butdt Nan&s, Kuala Lumpur at 3.00 pro tomorrow. H*ngh*ag Tin LM: AGM to be held at 70, Jalan Aropang, Kuala Lumpur at 2.30 pro on Dec 29. UMaghafl Ha LM: AGM to be held at 70,
    203 words
  • Article, Illustration
    Mild buying activity pushes index up slightly
    500 10 TRADING 8t the Sloe* Firtlip af Wags parr ■saved fMij Mtinji Sy. Ikwghwt ike Mrs- iuy IWI iwOVwi Utßi wMeh aadged tMr prices akm tMr wwfceM else* lag levels. Galea pwtfM wore aiorglaol kit folaao bow aa ißffWMWrt over the weak pre-Christaaaa weekeai
    500 words
  • Article
    Volume moves up slightly in steady trading
    366 10 THE KUALA LUMPUR stock market experienced quiet but steadier trading yesterday. Volume increased slightly in line with the better conditions but the disinclination to deal still persisted ii> most counters. Trading was focussed on the market favourites. These shares made marginal improvements amidst
    366 words
  • LATEST RESULTS
    • Article
      ALEXANDRA HOLDINGS:
      26 10 Group pre-tax earnings for the first six months ended Sept 30, 1978 stand at *457,15# (175,985). It has reported an Income of 1534.905 (1290,012).
      26 words
    • Article
      SAN HOLDINGS BHD
      48 10 re- ported a group pre-tax low of $44,405 (lons 156,949) for the half-year ended Sept 30, 1978. The figures released comprise the six months' results of only four subsidiaries, namely the parent company, San Development, San Development Co (N. 8.) and San Industries A Quarries.
      48 words
    • Article
      INDIA-MALAYSIA TEXTILES
      21 10 loss 9634,000 (loss 1732,00) for the first half-year ended Sept 30,1978. It recorded .sales of )6A million (55.38 jnillkn).
      21 words
    • Article
      AYER HITAM PLANTING SYNDICATE:
      20 10 Unau- dited pre-tax profits amounted to $337,372 ($211,706) for the fh-st six montte ended Sept 30,1978.
      20 words
    • Article
      GROWTH INDUSTRIAL HOLDINGS
      41 10 has declared an interim 1978 dividend of 15 per cent gross per SOccnt nominal share (no comparison), payable Feb 28 to ■hareholderß registered <m Jan 31. The company «as listari on the SES on Sept 11 thfc year.
      41 words
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  • COMPANY NEWS
    • Article
      Sigma pulls C & C's group profit to $60 m
      1699 11  - Sigma pulls C C's group profit to $60 m MARKETING EFFORTS SPARK SALES By ARTHUR NG IT WAS THE magic of the Greek letter Sigma that provided the spark to Cycle and Carriage's buoyant results in the year Just past. This is the indication given by the chairman, Mr. Chua
      1,699 words
    • Article
      DIVIDENDS ANNOUNCED
      474 11 Curroat Payment Ex Date Books Close Date Total for Total for Payable the year Previous year PMR1 MUI M»ukorr SEAL Wearaos 10*1 5*1 73*1 3*TE 12*(n) Dec 4 Dec 13 Nov 20 DecS Dec 15 Dec 14 Dec 28 Dec 11 Dec 20 Dec 22 Dec 27 Dec
      474 words
    • Article
      SCRIP ISSUE
      200 11 Conpaay Particalara Ex Data Books Cloae S'pore Laad Rights Issue of 1 for 3 Syathetie RmIm SI .40 per share Rights Issue of 2 for S $1.00 per share Rights Issue of S for 8 $1.00 per share Dec IS Dec 22 PtiCiMn Dec 13 Dec 28 G
      200 words
    • Article
      Imatex less optimistic on current prospects
      389 11 AFTER THE latest setback, the directors of India Malaysia Textiles (Imatex) are only cautiously optimistic of the current year's prospects. Its factory was forced to close for two weeks in the first half-year due to labour unrest. However, with the implementation of effective measures
      389 words
    • Article
      Pahang Gon may find itself in a quandary
      413 11 PAHANG CONSOLIDATED may have a hard time answering forthcoming Exchange queries again, this time revolving round the affairs of its ex-chairman, Mohamad Fathi. According to reports by the Asian Wall Street Journal, the chairman had been forced to resign from the board
      413 words
    • Article
      FABER MERLIN (M) QUERIED BY KLSE
      129 11 FABER MERLIN Malaysia Bhd has been asked by the KLSE to furnish it with some additional information regarding its annual report for the year ended June 30, 1978 (a) Under the item "investments" in the Consolidated Balance Sheet, it is noted that there was
      129 words
    • Article
      COMPANY NEWS for the week
      173 11  -  Week eaded Dee Compiled by VIOLET CHOW SCRIP ISSUE Tacklte (M) BM: Proposed rights issue of ttaree-for-two at $1.50 per share OTHERS p,u cu ol ,b ai annoUnoed that <* crease in its profits was due largely to the cessation of tin dredging operations in
      173 words
    • Article
      COMPANY BRIEFS
      103 11 UNITED MALAYAN FLOUR MILLS has informed the KLSE that it proposes to pay a first and final dividend of 20 per cent less tax for the year ended July, 1978, subject to shareholders' approval at the company's AGM on Jan 23. MAGNUM CORPORATION has informed the KLSE that
      103 words
    • Article
      Bukit Katil back on growth trail
      198 11 BUKIT KATIL Rubber Estates is now back on the growth path after being barely able to maintain its profit level last year due to lower output of both palm oil and rubber. Pre-tax profit for the six months ended Oct 31 rose 18.3 per
      198 words
  • Page 11 Advertisements
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      Page 11 Advertisements Column 1
      243 11 When this anthology of 36 lively stories from The Asian Wall Street Journal was first published in February, it sold out in a matter of weeks. And no wonder. It's a book the Far Eastern Economic Review called "compulsory reading a kaleidoscope of the many facets of Asia." Now the
      243 words
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  • Article
    Lock icon EEC,US to resume tariff talks in Jan
    149 12 Reuter THE EEC and the US said they have still not reached agreement on tariff reductions in world trade *»iir» in Geneva and would continue negotiations early next month. They said the 99-nation talks have made significant progress on all issues, and the
    Reuter  -  149 words
  • Article
    Q and SZ cars must belt up by next week
    66 12 IHE REGISTRY of Vehicles reminds owners of «ars and station wagons Registered in the name of a statutory board, company, Jinn, society, association Jr clubs under the "Q" aeries, and private hire <£ars registered under the *SZ" series, that they
    66 words
  • Article
    Higher deficit estimate
    259 12 THE Carter administration is raising its estimate of this year's Federal budget deficit at the same time it is working to cut. next year's deficit in the fight against inflation. Rising interest payments to finance the Federal debt and the effects of inflation on the costs of
    259 words
  • Article
    US FORESEES TRADE BONANZA IN CHINA
    452 12 TRADE with China will soar into billions of dollars Vithin a few years because et President Carter's decision to establish diplomatic relations with the mainland, said the President of the National Council for US-China trade. "Trade between the United States and China should amount
    452 words
  • Article
    Lock icon Oil price may rise if dollar keeps tumbling
    123 12 Reuter OPEC eeaatrlea may raise ail prieet farther If the MUr eeattaaes te deeßae, eatgelag Opee MnteMwnl A 1 M. filiit aii Mr JaMah Mi a press esafereaee la Vlcna "thai to a Matte paartMlity M then to farther erietia (et the
    Reuter  -  123 words
  • Article
    Inquiry told of oil sample dialysis
    183 12 A GEOCHEMIST told the Spyros inquiry yesterday that he had analysed samples of oil taken from the tanks of the tanker Spyros, and found that most of them had been contaminated with crude oil. Dr. Stephen Thompson, head of the geochemical unit of Robertson
    183 words
  • Article, Illustration
    Lock icon White House backs FTZ for New York move
    601 12 NYT THE Carter Administration, throwing its support behind New York's governor Hugh Carey, has quietly endorsed a controversial proposal to establish a free trade zone for international banking activity in New York city. Banks based in the free trade zone will be
    NYT  -  601 words
  • Article
    Record profits for Thai Airways
    195 12 THAI Airways later—tfaaal has rhaalbed ap a reeerd pretax pr«flt «f mi aMUea hah* (SM4 sMlllea) fsr the year eaded Sept 19a Mi heat result riaee Mm airlias started eperaMeaa la KM This raprwiwM aa laereaae «f naae 8 per eeal ever the pwrliai year's
    195 words
  • Article
    Lock icon 6.3 pc — Japan's new target
    329 12 6.3 pc Japan's new target Agencies THREE key Japanese economic ministries have virtually agreed to aim for about 6.3 per cent real economic growth for fiscal 1979 beginning April 1 next year. The Economic Economic Planning Agency said the plan will be submitted to a meeting of the Cabinet Economic
    Agencies  -  329 words
  • Article
    Jakarta allows price increase of 130 items
    225 12 THE INDONESIAN government yesterday formally allowed companies to increase the prices of their products to compensate for the 33.6 per cent devaluation of the rupiah announced last month. Trade Minister Radius Prawiro said the government had set the ceiling prices of 130 types
    225 words
  • Page 12 Advertisements
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      Page 12 Advertisements Column 1
      132 12 IT PAYS TO CONSULT INDC6UEZ BEFORE MAKING A DECISION ON YOUR CASH BALANCES Today we are quoting the following for Singapore Dollar terrr deposits up to *****000 1 month 5%S p.a. 3 months BV*% p.a. 6 months 6V«S p.». 9 months 6V«% p.a. 12 months 6V»% p.a. Savings p.a. We
      132 words
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      Page 12 Advertisements Column 2
      290 12 Ei'i v '< ■> < WmmSm -<, I -r' V-w&t&irzh ifw& *i £l A .v:- s .< ►>y *2>S i W*K?, m, x? r .v &K* '•■> A If your company uses or processes basic commodities, there may be times when you could use the advice of a knowledgeable commodities
      290 words
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  • SHIPPING TIMES
    • PORTSIDES
      • Article
        Lock icon Hyundai wins order
        56 13 Reuter SOUTH Korea's Hyundai Heavy Industries Company has won a big package order for 12 container ships of 15,000-gross-ton class worth about US$35O million (Ss77o million) from United States Lines, Japanese Shipbuilding Industry sources said. Some major Japanese shipyards had lost out to the Korean shipyard in
        Reuter  -  56 words
      • Article
        Lock icon Cargo surcharge
        61 13 Reuter THE Philippine Shippers Council will impose surcharges on cargo not removed on time from Manila harbour to help clear increasing congestion. A surcharge of four pesos (about 551.20) a linear foot will be charged for the first five days and double that for each day thereafter if
        Reuter  -  61 words
      • Article
        Lock icon Corvettes for Jakarta
        47 13 AFP INDONESIA has ordered three corvettes from the Netherlands to strengthen its navy, Antara News Agency reported. Indonesia's Research Minister B.J. Habibie recently visited the Feijenoord shipyard where the ships are being built and more than sixty Indonesian naval staff are being trained. AFP
        AFP  -  47 words
      • Article
        Lock icon New Saudi port
        59 13 UPI KING Khaled of Saudi Arabia will open the country's modern port of Yanbu on the Red Sea. The port, some 300 km north of Jeddah, was built at a cost of 1.14 billion riyals (Ss74B million). It has nine deep berths and its unloading capacity is
        UPI  -  59 words
    • Article
      Inter Equipos opens a new office
      481 13  -  By FONG MEW LENG INTER Equipos Navales, a Spanish manufacturer of container ladling and handling equipment, has opened a regional office in Singapore. It hopes to expand it into a manufacturing plant serving the Far East. The new company, Inter Equipos Navales (Far East),
      481 words
    • Article, Illustration
      Nedlloyd's first ro-ro
      204 13 NEDLLOYD Llaes hu takes delivery ef Its first rell-ea reU-eff (rere) vessel (rem the Tsa Shipyard et Nlppea Keku (NKK) ef Japmm. The »jm dwt Nedlleyd Reeen la the lint ef twe Meatftcal ships erdercd hy the tlae last year, lie secead is expected te he eeanpleted
      204 words
    • Article
      Lock icon Easier trend on tanker market
      163 13 AFP THE eftsfer trend persisted on the tanker market last week, with conditions somewhat busier than expected ahead of the long Christmas week-end. The queue outside Iran's main terminals ranged to more than 50 vessels, with -many now being offered on a re-let basis. The
      AFP  -  163 words
    • Article
      SHIPPING LIST where your ships are due...and when
      2252 17 BCHHHHE A guide to ships loading at Singapore for Ports around the World The list below tabulates, by port of destination, the name of the ship, the shipping line involved and the estimated dates of arrival and departure from the Port of
      2,252 words
    • Article
      INDEX
      550 17 Aconas ACS Ales Aguila Alpac A1 trans Express Angkutan Anhsing ANL APL Arya Nat ASCL Asia Merchant Atlas A ust. Coat T n IV IV IV V IV IV I ra n m m V IV Cal 5 5 3 2 5 2 3 3 1 2 5 4
      550 words
    • Article
      Container Schedules
      1083 18 IMPORT FCL CONTAINERS EX CONTAINER VESSELS AT CONTAINER TERMINAL 1 Vessel's Name Voy No. Date/Time Of Completion Of Discharge Date/Time Store Rent Doe Mode Of Operations HK Container Francesca Kltl Samut Aldebaran Andros 12E 50B 28S 1W 23NB 13.12.78 1115 13.12.78 2100 14.12.78 @0400 14.12.78 2350 14.12.78(0)1935 16.12.78
      1,083 words
    • Article
      Who acts for whom
      889 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. APEA Line— Singapore Shipping. Aguila Oriental—Same. Atali Shipping— Sharjah. Alfred C. Toepfer Line— Intennodal. Algerian National Line (CNAN) —Unipacific. Alpac
      889 words
    • Article, Illustration
      SHIPS IN PORT
      384 18 EXPECTED ARRIVALS TODAY KEPPEL WHARVES Centaur (0830 after Vishva Kalyan) 42/43 Dall (1500 after Sophia First) 8/9 Klmanis (0600) 21 King Sun (0600) 23 PaUoeverett (after Golden Glory sails A Htan Taw Ywa hauls) 25/26 Straat Holland (0600 after Australind) 3/4 Tadeusz Ocioszynski (after Wladyslawowo sails) 35/36
      384 words
  • Page 13 Advertisements
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      Page 13 Advertisements Column 1
      300 13 direct diversified dependable SERVICES TO/FROM USA AND CANADA Agents Barber Lines Singapore Pte Lid Tel 9265* Harrisons I Croslield Kuala Lumpur let WNi/i Pernas- MISC Penang Tel: ***** A KDIM \M AH Orient Overseas CoaicmeA Line 14LI l»i! #1 FULLY CONTAMERISED SERVICE FROM EUROPE (VIA SUEZ) FULLY CONTAMERCED TO/FROM US
      300 words
    • Advertisement
      Page 13 Advertisements Column 2
      217 13 1 1 All vessels ***** DWT, 105 TON H.L. Derrick 288 TEU Capacity. Long Length Capability. {■ARABIAN GULF WEEKLY SERVICE' 'I r I Vessel S pore Loading tor Damman (16/1), Kuwait (19/1), Basrah (22/1). Dubai (25/1), Mina Al Fahal (28/1)1 Basrah (27/1). Dubai (30/1) Kuwait (2/2) S pore Loading for
      217 words
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      Page 13 Advertisements Column 3
      188 13 NOL NEPTUNE ORIENT UNES LTD MCONUm* 2to 3to 0 KXMOO Jto 111 m 11 MBS It to 17 to COML 23 to 24 to CW 21 to 21 to HUI UF* UM Ml com HO Spat Qto« Am Hto utto*H Wto Tcwtomi STRAITS/AUSTRALIA ECKCKn rri»rwT?i 11DMXI Spm CU* MM 24
      188 words
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      Page 13 Advertisements Column 4
      734 13 Ul Hapag-Lloyd I Fully containerised to Europe and United States. Regular, reliable and on time. MAERSK LINE i I-t: f<* fast Asia Honpo-n Mamta Aeelunt Kaofeimi topan ilotro Rote rotctiM Nifo r Osaka Swn.ru) *39/12 SaM Wte 31/1? l/l a/i 31 £1 cs V 2 M/ 2 17/ J a/2
      734 words
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  • Page 14 Advertisements
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      Page 14 Advertisements Column 1
      810 14 7 FULLY CONTAMONSED TO EUWfE Spare Ntvt IVwt HMfkat Eipreu l»«pwiBa; laun Iba Hate| Eiprns Imm Eifrtti Card*an Ray C*isl In Port 71,1? 29/1 18*1 71/1 79 12 14/1 18/1 19/1 «/i vi a/i a/i a/i 12/1 14/1 2/2 4/2 V 2 IS/1 11/1 11/2 12/2 13/2 27/1 a/i a/2
      810 words
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      Page 14 Advertisements Column 2
      278 14 XT ,i I M l lamrtsr r«n* 0 D 11-14/1 i 111/2 I 19-29/3 9-16/1 23-24/1 t *HRf ss APABIAH A%D iRASiA* PORTS I ■H»"< Vll J II- It giIAN SOON SHIPPING TRADING CO <PT[> LTD iio: n»h (>OJ» C' BUILDING, »OBi|lSO<l »0»D VNGAPO»I Ifl r?OOi:i •#s» c»8;f »N* HD
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      Page 14 Advertisements Column 3
      620 14 EVERGREEN LINE >E VfcRGRE F.N MARINE COHPORA T iON> AR EAST/RED SEA. I EXPRESS RJU CONTMO SERVICf ALSO ACCEPTMG CAAGO FOR; GENOA. LATTAKIA. BE RUT ALEXANDRIA, BENGHAZI TRTOLI (ÜBYA) S>«t 'MM Part Sal ImnM L«#M EwMMkM JIM Sla 71* 131 M IS MB IS IN EmiHmm«t «<■ KJM It Im
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      Page 14 Advertisements Column 4
      646 14 Everett Lines 'BURMESEJjIATIONAL LINE" B.F.S.S.C Agents in Malaysia: TEPS MALAYSIA Port Kelang Tel 7355 Pew* Tel. *****/***** Mms!"! 1 iTiKcMHtiMMaI A. C.I. F. XjJfJ "ARGENTINE NATIONAL LINE" M UMOME R» MM CAPETOMN, HODS MQ *IM» f«*N* rwmf MTMOW MM t/ll FM 11/12 FM U/lIM *SwbHCt to Wa mow W TrMisportßdoß
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      Page 14 Advertisements Column 5
      624 14 SANKYO LINE TMRSTM-. MAYSRY OMMOND SIM. MAT ram M Port 27/21 Dec STO, MEL 22/24 tec 25/27 tec GERALDTO& MIL 5/ S lan 2/ 41m SYS. MEL. MQ 14/11 tap 11/13 la MS. SVD. «EL BANGLADESH SERVICE GEKML AGENTS COATTAMER OOOftMG 10*0 AGENTS P HELANG PEtMNG 19/21 MM 15/11 JAN
      624 words
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  • Page 15 Advertisements
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      Page 15 Advertisements Column 1
      712 15 OCL Overseas Containers Limited cowmaoswr sam. to im/comiot: eomuosMP soviet fmn UK/C(WTIOT: tT i* If tart kn rum Hm Sim PKelag Stare MM IMql«a faM SaM faM Uri aOec M tec Ml IS Cit*n» faM faM bM SM Uk Jk SkML US ley faM faM faM faM faM 7ln W.
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      Page 15 Advertisements Column 2
      552 15 GRANARD LINE i T| f **rmm *>■» Plata* Paw* laa**tar MVMMMMVJW 3tan Stan 11m OtM./rw/«Uta Oarat/LaltaiM/ Pveaas/Tnpok/Beaghaa/ UMFKIiII— 13 ha IS la 17 Ma MM;fU/«u*i/ limjisoi Beairt lattakia/' P»ea«s/TnpBb/oa*laa/ a*. MM Tir V22M )U 5 Fat 7 Feb o|Mi/MM/fM/ AtauaMna Bevvt/lattalua/ Pveaß/Tnpok/Beaghaa/ Istanbul Mi mas uxEtvm comma cmho EAST BOWO-MEDITERRANEAN/FAR
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      Page 15 Advertisements Column 3
      624 15 ifffj BEN LINE CONTAINERS QPKSS CORTMCI SEWff TO/FKM EHKVC HMC I HHIN Spat P U«| WCmmmt/kmtm i 7/2 1/| Ovtf t**a# 13/2 15/2 l/l a/7 M/ 2 17/3 wiawt h-wk rm«N roAM name soton fraaet uur p mm« bM faM 71/17 hM SaM 1/1 Mri 1M 7/1 ImMw SUM W
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      Page 15 Advertisements Column 4
      412 15 Scan Dutch V Lvi VI. >7Hi :#i~ BOM n/u immuci n/i S pat 1) Ma 2) MM 3) Mat CM| WU 12/1 17/1 IVI n/i ?/i a/i an n/i an n/i mi |*7 </t tn a/1 1/2 i 11/2 U/2 17/2 V 2 M/ 2 21/2 ZV2 2V2 11/2 24/2
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      Page 15 Advertisements Column 5
      508 15 'GUTHRIE BOUSTEAD THE BANK LINE LTD LOIRS RILU AFRKA MhAKart rH«i a/a sm- a/atm FMMI CUT I WW HU LVKES ORIENT LINE 1 J 1 'JIM. t TO MEN ORLEANS. MOM ALSO ACCEPTMG CARGO FOi BAM NSMW L£. HOUSTON, GALVESTON. GKOK. MAMLA, TAINAN, M JAPAN PORTS. lOIlllQIMiM). ■MVIND SMlla*). MKT
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      Page 16 Advertisements Column 1
      795 16 t K LINE KAWASAKI KISEN KAISHA. LTD. (VIA SUEZ fcj Cantamr to nmon S pore f Mnil I Hare OMENTAL am} 12* I SaM hW 1 12 J* 13 1m W CONTANO 13W 2 tan 3UK 1) ta 21 ta* —a Bremen Anerp It ta* II tm 231 m 25
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      Page 16 Advertisements Column 2
      814 16 r A ®2' U.S.A./EAST CANADA SERVICE ACCEPTBK FCL/LCL CONTMCRS FROM PENANG. P. lELANG. STORE lM*| tar KB TOM NONFOLA hm—t hkw t U*| Sa«apore SM" (MBA-a SO) 7/9 h» 11/12 ha IVIS ha 14/11 taa E.C./GREAT LAKES SERVICE I tar NORFOU. NEW TQM. MOHTKAL. TORONTO ASHTABULA. OETROn. CMCMO CALIFORMA/PACFIC NORTH
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      Page 16 Advertisements Column 3
      418 16 T < w I*4 Mll > SINGAPORE SHIPPING AGENCIES PTE LTD sg, v/v, tl'Oßi isi t\/)\ i/\i M VUla 34/ 9 Fab DSRLINES Fmtmm Spat P lUm| Panaaf Rtom A«*rp tftwr t Rotf umgermmben </sm t/tim jrm iunu wmtmmm I/ifavsm lim 7im SIM 12RM KGUUR SmnCE fi loft Sfut t
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      Page 16 Advertisements Column 4
      189 16 WWHII.KII USA/CANADA SERVICE From INOIA/B. OEBH TO PACIFIC NORTHWEST POUTS Im*« tar Lm( Baach, Oakland, Nrttaad. Vwcwver BC Saattte Penary PKetang Singapore MLATAMUM M 24/24 (Mb J» 2S/2C MIAMUDRA Fak 11/11 (Mb F«k 12/13 From PACIFIC NORTHWEST FOR INOIA/B. DESH LOAOM FOR BOMBAY. MADRAS, CMTTAGONG. CALCUTTA BR Colombia Oakland I
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      Page 16 Advertisements Column 5
      494 16 M l I I II 111 I INYPASEA (PTE) LTD ALPAC LINE SOUTH AFRICA fKBTICK S pore P Um| M*|Nr Ml ORDfTM. STMt ¥32 SM bM RMM/Mmmp/ Cj^Hom.'Durban HV UMM V.33 3 Urn (ten **><*>" otrtM/rrmi/ IM auui -1 INDIAFRICA .)> i REGULMt NXTOOENT RUT CONIMOKB LMOS/MM. POTT MMCORT M
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      Page 17 Advertisements Column 1
      314 17 EGYPTIAN INTERNATIONAL LINE (EIL) EGYPTIAN FLAG FAST AND WRECT LINER SERVICE TO EGYPT (PORT SAD ALEXANDRIA) PENANG PT SAD L swwu PYtMNDS I to 21 Fife 2 ftfe 10 Fab 15 Mar < Mai 11 MM TRAMS CARGO PLEASE CONTACT SCHENKER SMGAPORt TEL *****11 GENERAL AGENTS: SUB-AGENTS. L.N. SHIPPING PTE
      314 words
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      Page 17 Advertisements Column 2
      283 17 g Seatrain Full Container Service to USA ra» vs. stok mother vs. hr om la gulf i/c A Hum Stair an 31/" Vl M/ 1 2,/ I 1/2 5/2 Vtuat 5/1 Stair mi 1/1 Cancord li/1 4/2 2/2 11/2 15/2 f. Full Container Service from USA MOTICR VSI C/C GULF
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      Page 17 Advertisements Column 3
      362 17 \A SAI*I ICK LINES LMR SERVICE FROM KOREA/TAINAM/HONG KONG TO SMGAPORE Inchon Buun Keelung HKong Spore SAM EUN. V.23—11/19 Dk 21/22 Dk 2C/29 Dtc 3/4 l» SAM KOOK V.53....2f/27 Ok 29/31 OK SAM DOW *.23 14/15 ton 17/19 Jan S/l Jan 14/15 lan 24/27 tan 2/3 Fat KORINS MARITIME SERVICES
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      Page 17 Advertisements Column 4
      313 17 €*preaa igtd WEST BOUND LOADWG FOR MUSCAT. DUBAI ABUOHABI. BAH RAW KUWAIT ETA ETD AL FARAJ WW 15 Jan IS i» CONFDCNCf EXPRESS VKW 11 Fafc 12 Fafc EAST-BOUND DtSCHARGMG OUT FEB. GLORY VtlE 14 Jar 1( Im EASTERN ENVOY V*3E 25 1* 27 lan VACUVATOR SERVICE It SMGAPORE AVAILABLE
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      Page 17 Advertisements Column 5
      212 17 NOTICES EVERETT STEAMSHIP CORPORATION S/A s/s "Manoloeverett" Voy. 49-W Arrd: 19.12.78 Place of Survey: P.S.A. Gdns. 40/41 General Survey on damaged cargo discharged ex the above vessel will be held on 27th December 1978 from 8.30 a.m No further survey will be held after this date. OFFICIAL NOTICE PROPOSAL TO
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      Page 18 Advertisements Column 1
      118 18 ANNOUNCEMENT frsfr Ocean Shipping Enterprises Pte Ud Takes great pleasure in announcing the appointment of East Asia Shipping Sdn Bhd 5-A Jalan Berangan, Port Kelang, Malaysia As their cfischarging/loacfing agents in Port Keiang Kuantan with immediate effect from Ist January 1979 for SANKYO UNE We would like to take this
      118 words