The Business Times, 16 March 1979

Microfilm: NL10060
Total Pages: 18
1 18 The Business Times
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  • Title Section
    Masthead
    11 1 BUSINESS TIMES M.C.(P) No. 14C/1/7S FRIDAY, MARCH If, 1979 50 CENTS
    11 words
  • BRIEFLY...
    • Article
      Lock icon Peace treaty date
      59 1 AFP TEL AVIV, Thurs. Israeli Prime Minister Menachem Begin will go to Washington next Thursday to sign the English version of the Middle East peace treaty with Egypt, the Israeli newspaper Maariv reported today. In CAIRO, Egyptian President Anwar Sadat confirmed that he will travel to Washington
      AFP  -  59 words
    • Article
      Lock icon OECD prices rise
      65 1 AFP PARIS, Thurs. Consumer prices in the countries of the Organisation for Economic Cooperation and Development (OECD) rose 0.8 per cent in January against 0.5 per cent in December, 0.4 per cent in November and 0.7 per cent in October. The year-on-year increase in January was 8.4
      AFP  -  65 words
    • Article
      Viets propose venue
      35 1 LONDON, Thurs. Vietnam today proposed Hanoi as the venue for talks with China, but again insisted that they could take place only after a complete Chinese withdrawal from its northern border areas.
      35 words
    • Article
      Lock icon Dollar mixed
      74 1 AP LONDON, Thurs. The US dollar was mixed on European currency markets yesterday morning, but fell back two yen in Tokyo, where business ends before trading resumes in Europe. Gold bullion went up again amid predictions that it will rally in the short term to no more than
      AP  -  74 words
    • Article
      Lock icon Tarling's fears
      107 1 Reuter LONDON, Thurs Former Haw Par International chairman Richard Tarling fears he may be detained while awaiting legal proceedings he faces five charges of violating Singapore company law over the formation of unit trusts when he arrives in the Republic tomorrow, according to interviews in the British press
      Reuter  -  107 words
    • Article
      Lock icon S'pore-Lanka ties
      47 1 AFP COLOMBO, Thurs Sri Lanka has decided to establish a resident diplomatic mission in Singapore, it was announced here today. Mr. Canagaratnam Gunasingham, a senior career diplomat, will be appointed as the first resident Sri Lanka High Commissioner to Singapore, the Foreign Ministry said. AFP
      AFP  -  47 words
    • Article
      Lock icon Hussein for China
      40 1 AFP KUALA LUMPUR, Thurs Malaysian Prime Minister Datuk Hussein Onn will visit China in May, Deputy Prime Minister Dr. Mahathir Mohamad announced tonight at a dinner given by the visiting Chinese Foreign Trade Minister Li Chiang. AFP
      AFP  -  40 words
    • Article
      Lock icon Dow Jones
      50 1 UPI NEW YORK, Thurs The stock market was mixed early today in moderately active trading. The Dow Jones industrial average, which lost 1.56 points yesterday, was ahead 1.21 points to 846.58 around 1600 GMT. Declines led advances, 473 to 455, among the 1,393 issues crossing the tape. UPI
      UPI  -  50 words
  • Chief Price Changes
    • Article
      SINGAPORE
      132 1 Rises Most Active Sungei Besi 860 Setron 213 Tronoh Mines 800 Setron A 201 O U B 370 O C B C 825 Stbn Kinta 615 Consplant Wrt* 450 Gentings 344 O U E 272 Nat Iron 650 T Harbour 350 N B T 211 Kemayan 200 U I
      132 words
    • Article, Illustration
      KUALA LUMPUR
      156 1 Rises Most Active Sg Besi 905 70 Consplant 244.000 Tronoh 820 40 S Darby 135,000 Sthn Kinta 630 20 Treng Dev 129.000 OCBC 835 20 High A Low 123,000 A Hitam Tin 1240 20 Total Turnover: 2.61m Sthn Mai Tin 1280 20 Total Value. MS6.73m Inch K K
      156 words
  • Article
    OUB tops its results with 2 issues
    318 1 THE OVERSEAS Union Bank yesterday revealed a pleasing set of results with additional sweeteners thrown in to cheer shareholders. Group after-tax earnings rose by 30 per cent to 118.73 million. The group profits, however, included non-recur-ring earnings of $2.2 million ($l.l million previously)
    318 words
  • Article
    NZ to offer a bigger slice of its market
    647 1  -  TRADE ACCESS PROMISE By RONNIE LIM NEW ZEALAND should be making a "fairly forthcoming" offer to Asean on trade access into the country in the multilateral trade negotiations (MTN) context, Prime Minister R.D. Muldoon said yesterday. Mr Muldoon, in an exclusive
    647 words
  • Article
    Raja heads delegation
    343 1  -  By WANG LOOK KEAH FOREIGN Affairs Minister S. Rajaratnam will lead the Singapore delegation to the Asean-Australia air talks in Jakarta next week. The two-day ministerial meeting will begin on March 20. Asean aviation officials will have two days of preparatory talks before the ministers meet. The
    343 words
  • Article
    Boustead fully at the helm
    234 1 THE BOUSTEAD group of companies announced yesterday that it has acquired for $3.2 million the 50 per cent stake belonging to Guthrie and Co Ltd in Guthrie Boustead Shipping Agencies in Singapore and Malaysia. The purchase followed a review of the joint-venture company by its
    234 words
  • Article
    Lock icon KL EXPORT BAN ON CERTAIN TIMBER
    120 1 AFP MALAYSIA has banned the export of several species of sawn timber to help overcome a local shortage of the commodity. Ungraded sawn timber such as cengal and balau merah and sawn timber such as sepetir are included in the ban, said Malaysian Primary
    AFP  -  120 words
  • Article, Illustration
    Minister for Trade and Industry
    155 1 MR GOH Chok Tong (*bove), senior Minister of State for Finance, has been appointed Minister far Trade and Industry from yesterday. The newly-created ministry will take over the following functions of the Ministry of Finance: Department sf Trade, Department of Statistics, the Economic Development Board,
    155 words
  • Article
    Shipowners urge set-up of Sea Ministry
    476 1  -  By TERESA LIM SINGAPORE shipowners have asked that a Ministry of Sea Communications be formed to look after their needs more closely. In a special paper to Minister for Finance Hon Sui Sen, the Singapore Shipping Association (SSA) proposed that a Shipping Advisory Committee
    476 words
  • Page 1 Advertisements
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      Page 1 Advertisements Column 1
      10 1 COPIES ANYTHING. FITS ON A TABLE TO SEE BACK PAGE
      10 words
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      Page 1 Advertisements Column 2
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      Page 1 Advertisements Column 3
      66 1 SHIPPING TIMES TENDER system to ImM geiag chaages 5 agaiast caatraetar5................... RETAINING exeeatives Is U pr9mmie hlgh roi^' •gy z iitemttnftl mverkk5............ 7 TIMBER treads aagar weU far HYTEX aaeertataty ahead.... 11 fiestli east Asia I ACCOLADES tor EJaeatiee ReOIL allseattsa system to iilfr pert 12 MEM OP AD MXOGBWOKDS
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      Page 1 Advertisements Column 4
      6 1 Leader... Page I SEE PAGE 3
      6 words
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      Page 1 Advertisements Column 5
      134 1 AKAI IL i thai puis no punches. Leader... Page RICOH. PREFERRED WORLDWIDE BECAUSE IT LASTS. DT 750 DTI2OO DT 1700 pro< Independent consumer studies in the United States rate Ricoh's total performance consistently high. In the area of reliability it has been rated the highest over all copiers in its
      134 words
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  • TRADE AND INUDSTRY
    • Article
      MEMO PAD
      585 2 COURSES AND TALKS Feb 5-Apr 14: Diploma in Life Insurance, SITC, SITC Mar 1-31: International Labour Organisation residential course, RELC, ILO of Singapore. March-July: Personnel Management Concept Scope and Functions, Holiday Inn, Personnel and Organisation Development Mar 5-23: Port Administration and Operation Course, PSA Conference Hall, PSA Mar
      585 words
    • Article, Illustration
      System encourages bad contracting
      774 2  -  By TEO TECK WENG THE EXISTING system of tender submission is likely to favour the contractor with relatively less knowledge of cost estimates. Under the present system, the more expertise a contractor has, the less his chances of obtaining the contract, property development consultant Lai Pang
      774 words
    • Article
      On the goodness of Canadian swine
      173 2 SEVEN Canadian experts on pig fanning and breeding are now visiting Thailand, Malaysia, Singapore and the Philippines to increase interest in those countries in Canadian breeding stock and swine semen. The mission is sponsored by the Canadian department of industry, trade and commerce. Canadian
      173 words
    • Article, Illustration
      SHORTCUT TO SMOOTH JOB
      189 2 THERE is a* Med to toy iwtkir toyer sf uplult everytime a rmi aeeds re-sarfactog. A aew machtoe, the fUU-MUI, out pave uevea rsad surfaces by "ptoatog" prstrastoas this leaving u immediately serviceable sarface. The machine to devetoped by CMI Carperattoa, eae sf the majer read
      189 words
    • Article
      Hong Leong opens motorcycle showroom
      332 2 HONG Leong's newly-ac-quired Yamaha motorcycle agency took off yesterday with the opening of its showroom at Tyrwhitt Road. Hong Leong is complementing its entry into the motorcycle market, which is estimated at some 92,000 motorcycles, with initiatives to set up a motorcycle riding school to
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    • Article, Illustration
      PEOPLE IN BUSINESS
      56 2 ALITALIA has promoted Bajah V Kuwu to sales promotion manage.- for Singapore from March 1, 1979. He will be responsible for coordinating all passenger and cargo sales as well as promotional and related sales activities. Sri Mrhsmri din has been appointed chairman of United Engineers (Malaysia) Berfcad
      56 words
    • Article
      AUSTRALIAN MEDICINE
      352 2 TWELVE Australian organisations, including the Australian Trade Commission and the Commonwealth Serum Laboratories, will participate in the MedicAsia 79 exhibition and conference in Singapore from next Tuesday to Saturday. The group will show a variety of products ranging from serum, membrane filtration equipment, patient services systems and earth
      352 words
    • Article
      Venture to promote high-skill companies here
      445 2  -  By FONG MEW LENG A LOCAL management consultant will join hands with a West German technical research company to promote small but high technolgy support industries in Singapore. The merger between Consulasia Management Consultants and the West German Walther Consult will take effect next
      445 words
    • Article
      Invitations to Canton fair total 300
      406 2  -  By FOO CHOY PENG ABOUT 300 Singapore businessmen have received invitations to attend the monthlong 45th Canton Trade Fair beginning on April 15. These are generally representatives from medium to large-sized companies which import Chinese merchandise and foodstuffs either for local consumption, further processing
      406 words
    • Article
      Effective strategies for managers
      130 2 THE Department of Extramural Studies of the University of Singapore will be holding three courses all beginning on March 21. The first, consisting of 15 lectures on Introduction to Business Statistics, will be held on Wednesdays and Fridays. Mr. Chan Choon Hian, a part-time lecturer at
      130 words
    • Article
      Compa DP seminar
      65 2 COMPA International is organising a five-day seminar on Data Processing in the 1980s, to be led by Mr James Martin, a graduate of Oxford University and an author. The seminar will be held at the Shangri-La hotel from June 11-15, and is aimed at providing systems analysts
      65 words
    • Article
      ITB's new home
      62 2 THE INDUSTRIAL Training Board (ITB) has completed the transfer of its headquarters from the Ministry of Education annexe at Kay Siang Road to the former Polytechnic campus at Ayer Rajah Road. Its new tele-. phone is *****00. Today the board will an-* J nounce the results of
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  • Page 2 Advertisements
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      Page 2 Advertisements Column 1
      64 2 INDEPENDENT CONSOLIDATION SERVICE TO: EUROPE, TAIWAN, HONGKONG, AUSTRALIA SAVE ON SHIPPING COST CARGO BY PRACHT SPECIALISED IN SEAFREIGHT CONSOLIDATION SERVICE WAREHOUSING GENERAL SEA FREIGHT PROJECT SERVICE AIR FREIGHT REMOVAL SERVICE CALL: *****88 5 lines PRACHT INTERNATIONAL LTD. Suite 1301/1304, 13 floor. Tunas Bldg., 114 ANSON ROAD, SINGAPORE, 2 CFS: NG
      64 words
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  • REGIONAL
    • Article
      Europe's timber trend augurs well for Malaysia
      585 3 EUROPE will continue to depend heavily on Southeast Asia for the supply of tropical hardwood. Neither there be serious competition between soft and haidvfrood in that market. Studies by the UN Food and Agricultural Organisation and the European Economic Commision over the last
      585 words
    • Article
      Lock icon Bob Hawke asked to free MAS plane
      366 3 Reuter THE International Confederation of Free Trade Unions today asked the Australian Council of Trade Unions to help secure the release of a Malaysian Airline DC-10 stranded in Sydney airport. The confederation's president, Mr P. Narayanan, a Malaysian himself, said he sent a
      Reuter  -  366 words
    • Article
      Lock icon Nido oil yields higher
      183 3 Reuter THE NIDO oil fields off the Philippine island of Palawan is expected to produce 10.4 million barrels of crude oil this year, Manila's Energy Minister Geronimo Velasco said yesterday. This figure is more than the original estimates of 9.12 million barrels, he said in a
      Reuter  -  183 words
    • Article
      Lock icon Sydney dispute disrupts export of wheat
      170 3 UPI AN industrial dispute involving workers at Sydney's Glebe Island grain terminal has again disrupted exports of wheat and other grain from the terminal. The strike is yet another in a series of disputes plaguing the state Grain Elevators Board's operation of silos at
      UPI  -  170 words
    • Article
      Lock icon KRIANGSAK OFF TO MEET SUHARTO
      275 3 Reuter UPI THAI hif MtaMtr Kriaagaak CkuM■•ad leave* May far Pf—g aa toa way to meet M—l— Mwto Mr Kriaagaak will meet Mr Baharto to Mete, Nerth Samatra, aad thea ge to Btogapere (er talks with PrtaM Mtototor Lee Kaaa Yew. He nU he wmM
      Reuter; UPI  -  275 words
    • Article
      Lock icon KL may assist China with palm oil projects
      201 3 Reuter MALAYSIA is prepared to help China build palm oil refineries on a joint venture basis as its import of Malaysian crude palm oil increases, Malaysian Deputy Prime Minister Datuk Seri Mahathir Mohamad said. At a meeting with visiting Chinese Foreign Trade
      Reuter  -  201 words
    • Article
      Lock icon Talks on HK power supply to Canton
      178 3 Reuter CHINA Light and Power Co confirmed it is holding discussions with the Chinese authorities on supply of electric power from Hongkong to China. But a company spokesman declined to confirm or deny press reports supplies to Shumchun in Canton province would start
      Reuter  -  178 words
    • Article
      SHANGHAI TAKES ADS
      80 3 JAPANESE producers of watches, clocks, optical goods and home electrical appliances will begin advertising in Shanghai newspapers next week, a Japanese advertising agency said yesterday. Mr Sho Ryuko, spokesman for Koyosha KK, the Japanese agent for the Shanghai media, said "fewer than 10 Japanese companies" have signed
      80 words
    • Article
      Lock icon Mahathir unveils Asean plan for fare talks
      192 3 AFP ASEAN hopes to "straighten out" its differences with Australia over her new aviation policy at the forthcoming Asean-Australia air talks in Jakarta. Deputy Prime Minister Datuk Seri Dr. Mahathir Mohamad who will be leading the Malaysian delegation to the talks, said yesterday
      AFP  -  192 words
    • Article
      Lock icon Tokyo approves direct-deal oil contracts
      403 3 AFP Reuter JAPAN'S Ministry of International Trade and Industry has welcomed the conclusion of Iranian oil import contracts by Japanese trading companies Its officials said yesterday if the import prices for the Iranian oil are not extremely higher than prevailing market prices of "directdeal" oil,
      AFP; Reuter  -  403 words
    • Article
      Lock icon Japan's buying spree takes a 30pc jump
      260 3 Reuter JAPAN'S trade surplus with the rest of the world widened in February compared with the previous month, but Japanese imports increased by nearly 30 per cent from a year ago. The Japanese Finance Ministry announced that February surplus on a customs-cleared basis
      Reuter  -  260 words
    • Article
      Lock icon KEIDANREN CHIEF HEADS MISSION
      162 3 Reuter TEN Japanese business leaders will visit the United States in June for talks on bilateral trade problems, it was announced in Tokyo yesterday. The businessmen, to be led by Toshiwo Doko, president of the Federation of Economic Organisations (Keidanren), will also attend a three-day conference
      Reuter  -  162 words
  • Page 3 Advertisements
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      Page 3 Advertisements Column 1
      105 3 f interest with a DBS Savings Account. Get the most. The highest interest available. Earn 6% p.a. on a DBS Savings Account. You can deposit and withdraw at any of our branches. And up to 4.30 p.m. on Saturdays at Katong, Orchard (Plaza Singapura) and Toa Payoh. Everyone can now
      105 words
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      Page 3 Advertisements Column 2
      174 3 The Shangri-La Health Club. A new concept in fitness and resort living. A .T'• .*r *> 4 II!! %< imi%i. o Cycle five miles a day. Take part in your own Walkaton. Then follow up with a little weight-lifting. Vibrate away the lunches left on your hips. Exercise every inch
      174 words
  • Page 3 Miscellaneous
    • Miscellaneous
      Page 3 Miscellaneous Column 1
      534 3 -11-OIE CBOSSWOBD CRYPTIC PUZZLE ACROSS 3 Garment mostly used for flood survival (5) 8 Bloomers in the wars (5) 10 Perfect straight line to town (5) 11 Not much to split by way of food (3) 12 It looks like Teddy (5) 13 Transport to the heights? (2-5) 15 The
      534 words
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  • RAW MATERIALS
    • Article
      RUBBER
      251 4 OPENING prices in Singapore yesterday were marked up one cent following higher afterhours here on Wednesday and firmer London advices, but the market fell back gradually during the quiet morning's trading on a lack of buying support. Forward offerings up to Oct/Eec 1979 also dampened sentiment. The .morning session
      251 words
    • Article
      Closing prices
      30 4 Rubber: March 15 Singapore: April: 249.75 cents (down 1.75 cents) Malaysia: April 253.25 cents (down 2.25 cents) Tin: $1,956 (up $11) Official offering: 240 tonnes (up 66 tonnes)
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    • Article
      RAS PRICES
      327 4 Prices In cents per kilo yesterday: Noon Close (per kilo) (per kilo) Buyers Sellers Buyers Sellers Int. 1 R.S.S. prompt f.o.b. 250.75 251.75N 249.25 250.25N Int. 1 R.S.S. April 251.25 251.75 249.75 250.25 Int. I R.S.S. May 251.00 251.50 249.50 250.00 Int. 2 R.S.S. 246.50 247.50N 246.00 247.00N
      327 words
    • Article
      SSR and SMR
      103 4 NOON SSK ami SMR prices yesterday: May HAS April (Current Mth) (Forward Mth) Buyers Sellers Buyers Sellers SSK ill ll-ltm pallet I 244.30 246.50N 245.50 247.S0N SSK -Ml 11 ItMi pallet i 241.50 243-50N 242.50 244.SON MRELB SMR rv O-tim pallet I 256.50 258.50N 257.00 258.00N SMR
      103 words
    • Article
      Palm oil
      69 4 C.I.F. North European ports. In US dollars per ton unless otherwise stated. LONDON: Wed Previous Malaysian 5% ffa bulk per tonne May 660slr 655s lr Sumatra 5% ffa bulk March unch 702 sir April 680/685pd 670/675pd May 667.pd eeopd June 652 ./660pd652' pd July 652'./660pd885/692' pd Nigeria 5%
      69 words
    • Article
      Produce exchange
      370 4 COMMODITIES tended lower in generally quiet trading at the Singapore produce market yesterday. Lack of overseas buying support was cited as the main factor behind the easing prices. A few commodities were in fair demand and their prices were at best steady. Nutmegs began moving for the first
      370 words
    • Article
      Rice
      291 4 SINGAPORE: Yesterdays closing prices in SS per kilo, ex-godown: THAI WHITE: 100 pet first dm (Kangaroo) new crop 0.96, 100 pet second class O.K. 100 pet third class 0.83, 25 pet new crop no stock. B-10 pet 0.75. THAI BROKEN: A-super 0 62 Special 0.56. THAI RICE: 55 pet
      291 words
    • Article
      Wheat
      178 4 WHEAT futures in Chicago on Wednesday closed in the loss column after coming under local and commissionhouse pressure in afternoon trade. Prices shed 3'/i US cents to 1/4 cent a bushel. The market firmed initially on buying linked to increased export activity and a lack of deliveries, but was
      178 words
    • Article
      Soybean
      197 4 CHICAGO soybean futures closed out a choppy session with small gains ranging from 6"4 to 4'/i US cents a bushel on Wednesday. After opening firm, prices slipped at mid-morning on professional and commission house selling, then recovered around midday on buying by a professional and an export firm. They
      197 words
    • Article
      LONDON MARKETS
      814 4 COFFEE: Robusta futures yesterday closed the morning steady with reduced losses of £14 to £10 per tonne after opening £13 to £18 down. Turnover was 1,908 lots including 14 options. Dealers said the market earlier traded narrowly around session lows but then recovered slightly during the closing session
      814 words
    • Article
      Straits tin
      56 4 THE STRAITS tin price in Penang strengthened a further Mill yesterday to $1,966. Despite a higher tin contribution sentiment remained firm, encouraged by an overnight london rally, together with continued sustained strong demand from Japan, Europe, the US and locally, dealers said. Total turnover increased sharply to 240
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    • Article
      Hongkong Comex
      159 4 TRADING on the sugar futures market yesterday remained quiet with no trades done, the same as Wednesday, dealers said. Nearby May closed at 8.53/75 against Wednesday's 8.60/80 close, July at 8.99/ 9.10 against 8.96/9.15 and distant March at 9.95/10.07 against 9.90/10.10 cents. The day's spot sugar price was
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    • Article
      Textiles
      191 4 YARN and cotton prices were quoted as follows in Hongkong yesterday: (In HK dollars, spot ex-godown) C*»m yarn: China Blue Phoenix 20. 2,360, 32i 2,M0; 40* 3.100 (per bate of 400 Iba). I"*' Qiina Butterfly and Globe brand unq. Dragon Head unq: Five Lambs unq. Flower and Ifcitterfly unq;
      191 words
    • Article
      Lock icon Brazilian soyabean exports plunge
      155 4 Reuter BRAZIL shipped 29,100 tonnes of soyabean meal in the week to March 11 against 71,460 tonnes the previous week and 128,100 tonnes in the week to March 12 last year. Figures from SGS Do Brazil show that this brings meal shipments in Brazil's 1979/80 March/February
      Reuter  -  155 words
    • Article
      Lock icon Malaysia likely to import more wheat and corn
      702 4 Reuter MALAYSIA'S wheat imports this year are projected to increase about 4 per cent to 520,000 tonnes, as domestic demand for wheat flour from Sabah and Sarawak continues strong. The United States Agricultural Department (USDA) also raised Malaysia's corn imports this year
      Reuter  -  702 words
    • Article
      Lock icon Chance to break Geneva deadlock at cocoa meeting
      204 4 AP APART from dealing with routine administrative matters, the International Cocoa Organisation's week-long meeting in London, ending today, will also survey world markets and make the usual twice-yearly assessment of world cocoa production and consumption. Among topics to be discussed before the
      AP  -  204 words
    • Article
      Lock icon Test of aluminium markets in the offing
      345 4 AFP AS ALUMINIUM producers struggle to fulfil orders and prices stay close to their highest ever, the "infant" market under the aegis of the London Metal Exchange and "free market" physical trading comes under close scrutiny in the trade. The theoretical relationship between
      AFP  -  345 words
    • Article
      Lock icon Lower copper consumption
      332 4 Reuter BRITISH consumption of copper in all forms at 47,392 tonnes in January, was almost unchanged against December's 47,312 tonnes, but was below the January 1978 total of 54,571 tonnes. World Bureau of Metals figures show that the country's consumption of refined copper totalled 38,460 tonnes in
      Reuter  -  332 words
    • Article
      Lock icon Low housing starts trim lumber prices
      749 4 NYT LUMBER futures contracts for May delivery closed down |5 at $218 for each thousand board feet on Friday, a price that will be charted by quite a few economic trend watchers. A week ago, the closing price was *223.80. Friday's surprise drop came
      NYT  -  749 words
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      105 4 MITSUI TRUST Beacon of Progress MITSUI TRUST TMf MITSUt-TffUS* A RANH INC COMPANY IfVITfO Singapore Representative Office: Tower 1201. DBS Bldg., 6, Shenton Way, Singapore 1 Tel: *****53 Telex: ***** MITUITB RS Cable Address: MITUITRUST SINGAPORE Chief Representative: Kenichiro Yamamoto New York Branch: Telex: *****1 MBCO UR Cable Address: TRUSTMIT
      105 words
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  • OVERSEAS
    • Article
      Lock icon Bazargan: Rein them in or else...
      293 5 UPI IRAN'S embattled provisional government heads idto a new political row affer Premier Mehdi Bazargan made an emotional attack on the revolutionaries for blackening the country's image abroad and undermining his authority at home. Addressing a nation-wide 'television audience on 'Wednesday night, the 71-year-old
      UPI  -  293 words
    • Article
      Lock icon Oil companies changing allocation system
      715 5 NYT Reuter INTERNATIONAL petroleum companies have begun to change the way they distribute their available oil and as a result, the United States is facing almost twice the reduction in oil imports that it suffered at the outset of the Iranian crisis. According to US
      NYT; Reuter  -  715 words
    • Article
      Lock icon NORTH SLOPE SWAP?
      274 5 AP ALASKA «ffielab are poshing harder fer permiariea te sell the state's Nerth Slepe sii to Japaa fsilewing Staadard Oil Cempaay sf Ohie's eaaeellattoa sf a US$l MMan (552.2 billlen) Callfernla-to-Texas pipeline. "New that Sehie is eat, it weaM seem to he farther evidence sf the aeed
      AP  -  274 words
    • Article
      DAILY AIRCRAFT MOVEMENTS
      712 5 ARRIVALS Service Local Operator Number Time From CPA CX710 1005 HLP RBA BI323 1030 BWN GIA GA980 1030 HLP S1A SQI03 1045 KUL SIA SQ209 1045 HLP MAS MH605 1045 KUL GIA GA944 1055 PKU GIA GA908 1100 MES PAL PR501 1135 MNL GIA GA982 1200 HLP
      712 words
    • Article
      Lock icon A poor excuse, says Blumenthal
      320 5 AP AN AUSTERE budget in the United States should not force it to reduce its share of international credit to underdeveloped countries, Treasury Secretary Michael Blumenthal told Congress on Wednesday. "Our economic interests in the developing world are large and growing," Mr Blumenthal testified before
      AP  -  320 words
    • Article
      Lock icon Mid-East peace treaty carries US$4 b price tag
      333 5 Reuter AT LEAST US$4 billion (SSB.7 billion) in additional US aid will be needed to help implement a peace treaty between Egypt and Israel. Senate Republican leader Howard Baker said after a White House briefing. The senator from Tennessee said President Carter
      Reuter  -  333 words
    • WORLD IN BRIEF
      • Article
        Lock icon U.S. SALES TO REDS UP
        413 5 Agencies THE UNITED States sold nearly US$4.5 billion (5J9.76 billion) worth of goods to communist nations in 1978 an increase of G6 per cent from the previous year the Commerce Department reported. During the same 12-month period, Americans purchased $1.55 billion worth of products from
        Agencies  -  413 words
    • Article, Illustration
      Lock icon Arabs united against Sadat's peace moves
      395 5 NYT ARABS, from hard-line opponents of peace with Israel to financial backers of Egypt, joined on Wednesday in denouncing Egyptian and Israeli moves toward a peace treaty. Mr Yasir Arafat, the head of the Palestine Liberation Organisation, called for an Arab oil embargo against
      NYT; UPI Photo  -  395 words
    • Article
      Lock icon Protection lies in detailed Chinese contracts
      242 5 UPI BUSINESSMEN hoping to profit from China's attempts at modernisation should be optimistic about the virgin territory but careful because of the lack of business laws, says the director of the China division of the Asia Society. Robert Ox nam told businessmen at the
      UPI  -  242 words
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      Page 5 Advertisements Column 1
      424 5 This announcement is made by A seam ban ken Malaysia Berhad and Kleinwort, Benson Limited on behalf of Sime Darby Holdings Limited. Sime Darby's FINAL OFFER TO HOLDERS OF ORDINARY SHARES IN Guthrie This is Sime Darby's final offer because under the United Kingdom's City Code on Takeovers and Mergers,
      424 words
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  • Article
    Muldoon sets seal to new trade zeal
    448 6 NEW ZEALAND Prime Minister Robert Muldoon's words that Asean is in for a preferential deal in the Multilateral Trade Negotiation in Geneva comes as much-needed encouragement at a time when protectionism around the world seems to be gaining momentum. Asean and New Zealand
    448 words
  • Article
    Time to minister to shipowners' needs
    303 6 THE SUGGESTION to form a ministry to look after the needs of just one sector of the economy may sound radical. But the proposal of the SSA (Singapore Shipping Association) merits greater consideration. The government, after all, has long recognised the importance of the
    303 words
  • Article
    Come to Brazil but tear up the rule-book
    1623 6  -  By TSANG SAU YIN EXTRAORDINARY flexibility is essential when seeking to attract and retain management talent in Brazil, a country that is beading for a period of industrial and commercial expansion, and will provide one of the great business opportunities of the
    1,623 words
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      Page 6 Advertisements Column 1
      235 6 APOLLO HOTEL Havelock Road, Singaore 3 Tel: *****1 AMBASSADOR HOTEL ***** Meyer Road, Singapore 15 Tel: *****11 CENTURY PARK SHERATON Nassim Hill, Singapore 10 Tel: *****7 CHEQUERS HOTEL 418 Thomson Road, Singapore 11 Tel: *****66 COCKPIT HOTEL 6 7 Oxley Rise, Singapore 9 Tel: *****1 GREAT EASTERN HOTEL 401 Macpherson
      235 words
  • Page 6 Miscellaneous
    • Miscellaneous
      Page 6 Miscellaneous Column 1
      44 6 BriStoW: Flank Eh cken£ NoTmtJG? U<£_ IT ujnch in Ty«. PR*?*: on f\ CR»SP RoToroNi DP*Y "We. glorious Russets, OKPKG£S PvnO or Twe T^ees... r H£. CPUNCH RNC> CRRCXL£ or l£Fu/fcs UNDE-RroOT Buss Of Be»HG RBl£"lo epkT pi ST\CX of OEte-Rs/ umnoor Roc*4D H>c,
      44 words
    • Miscellaneous
      Page 6 Miscellaneous Column 2
      733 6 Advertising history A LITTLE Mn to ntdl lave the grace aai heaaty •I gym ■••ties, the eveatag hegtos aa early as tMpm with Q)i—iiUc Bpeetaealar hy the Baastoa Gymaastle team at Wemhtoy Stadam. The aivertUai frateralty here ahsaH he gathered tfatttally Mere the IHevMaa at f JOpm to ralattoa el
      733 words
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  • Article
    Corporate wives still prepared to provide free services for the company
    1073 7  -  MARYANNE VANDERVELDE, herself a corporate wife, has been talking to the wives of top American businessmen. This is her report. MARYANNE VANDERVELDE DIANE is the 40-year-old, college-edu-cated wife of a successful executive at a large midwest corporation. Her own
    1,073 words
  • Article
    Lock icon Third World multinationals pressure West
    1149 7  -  Multinational companies have for years been seen as tools of the advanced countries. Now the tables have been.turned and the emerging multinationals are aimed at the West. CLYDE FARNSWORTH reports. CLYDE FARNSWORTH NYT DEVELOPING countries, practising their own form of global reach, are becoming adept
    NYT  -  1,149 words
  • Article
    STRAWS IN THE WIND
    380 7 IF YOU were among the many unfortunates who were plagued last Tuesday with shops that had suddenly closed by 9.30pm when normally they stay open much later, or by taxidrivers that were even more than usually adept at failing to see your frantic signallings, do not
    380 words
  • Article
    Mavericks that can savage our CPI level
    1033 7  -  FORUM ...with John Drysdale SOME commentators believe, paradoxically, that a formal peace agreement between Egypt and Israel is going to make matters worse rather than better as far as oil prices are concerned. It will drive Saudi Arabia even further into the ambit
    1,033 words
  • Page 7 Advertisements
    • Advertisement
      Page 7 Advertisements Column 1
      350 7 and where to entertain up your life at Vanda Live it up at the newly renovated aJBIu Vanda Bar. Styled for comfort gfftosL and good cheers Sing along with our n|>w resident duet George David to your favourite request Happy Hours from 5p m-8p m 307 discount Singapore Oochid Inn
      350 words
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  • INTERNATIONAL STOCKS
    • Article
      Lock icon Renewed interest in Westinghouse Electric stocks
      562 8 r SUITS NO BARRIER Reuter WESTINGHOUSE EHectric C<i'Stock has been recovering recently on Wall Street, apparently because of market analysts' expectations of further settlements soon of the company's uranium problems. "T.he stock has gained about three points from a tew of US$l6 in December,
      Reuter  -  562 words
    • Article
      Lock icon British Leyland on the road to strong recovery
      232 8 Reuter life STATE-OWNED British Leyland IjHbr grenp has aaaeoaced a 2S per Jfm lacreaae la trading profit last year •VMte a spate sf strikes aad stap- ii fcit eampaay chairman Michael Ed-:-Md«a, who has broaght taagh effi,4Mey reforms ta the aillag giant,
      Reuter  -  232 words
    • Article
      Lock icon British Bank of Middle East down
      110 8 Reuter BRITISH Bank of Middle East said its 1978 profit fell to £4.82 million from £6.8 million in 1977. The profit fall reflects a reduction in the level of business activity in the areas in which it operates and the transfer of the Saudi
      Reuter  -  110 words
    • Article
      A dull session
      1268 8 NEW YORK ON WEDNESDAY, stocks finished lower in light trading at the end of a dull session in which prices swung in a narrow arc from higher to lower most of the day. analysts said with an egyplain-israeli peace accord seemingly assured, investors looked around and rediscovered
      1,268 words
    • Article
      TORONTO
      213 8 MAR 14 Ct AMtIM It Ale &n 444k AlfomA n BAnk Mont a* •f B*nk Nova ScoUa a* Bell Tel «4* Ik Beth Corp BP Can Ltd IZ MX Br**-an 21* -tk CAmp Red LAke CAn Imp Bk 31 unch -Ik CAnpAC *<» CAnpac In* Pf CArllng OKeefe |«v,B
      213 words
    • Article
      JO'BURG
      314 8 MAR 14 Rand INDUSTRIALS A Alpha 143 unch Abercotn 240 S AS And CI 446 10 A Mir 1275B Bartow* 527 2 Cf Sugar 565 unch ™A 190 unch Currte Finance 95 unch rw IWrf Iruf 1525 25 K/iron 300 unch Ednn 4000 300 Eveready 200 unch Ted Volk
      314 words
    • Article
      Institutional buyers still on the sidelines
      653 8 TOKYO NEGLECTED stocks such as fashion-related issues, mining and medium-sized trading firm issues were slectively bought by short-term traders and individual investors yesterday. However, medium-sized blue chip 6 such as light-electrical, pharmaceutical and precision machinery issues fell on relatively light volume in the afternoon.
      653 words
    • Article
      Hongkong
      386 8 THE MARKET relentlessly moved into higher ground yesterday although there were no fresh buying interest. A growing school of thought that the only rates to move up this weekend would be deposit rates certainly induced further local speculative buying and turnover increased lyMost gains were made in the morning
      386 words
    • Article
      Sydney
      361 8 THE market finned slightly yesterday, with the All Ordinaries index up 2.02 points to 593.56, the highest level in recent years, dealers said. BHP rose 20 cents to a year's high of A 511.50, on active overseas buying, while oil stocks and coal issues were also in demand. AOG
      361 words
    • Article
      Manila
      97 8 MAR IS Peso# Aco)» Mining ooee -0.0002 AtiJU Con. A AUu Con B. ZZZ 2310 -01 Baguio Oold .01 unch Benguet Con. B BT Ooodrtch 28 50 2300 unch unch CDCP 2280 -0.1 Ineo B LandoU Lepanto B. X unch Martnduque B 7.40 0.06 Meralco 2270 unch Oriental A
      97 words
    • Article
      Bangkok
      237 8 MAR IS BahU Asia Credit 310 -10 Asia Fibre 223 Ayuthaya Inv And Truit in -4 Bangkok Investment 314 Bangkok Bank 3M unch Bangkok Drying And Silo Bangkok Insurance Bangkok Metropolitan Ban 758 •>•96 Bangkok Nylon Bank Of Asia 230 unch Bank Of Ayudhaya Ltd 246 Bata Berll Jucker
      237 words
    • Article
      Selected indices
      65 8 FINANCIAL TIMES INDUSTRIALS Wednesday 500.9 Tuesday 508.8 Week Ago 496 8 DOW JONES AVERAGE INDUSTRIALS Wednesday 845.37 Tuesday 848.83 Week ago 834.20 LONDON DOLLAR PREMIUM Wednesday 77 to 77 1 Tuesday 80 to 80 v* H.K.HANG SENG Thursday 548.08 Wednesday 540 27 Week ago 528.28 SYDNEY INDUSTRIALS Thursday
      65 words
    • EUROPEAN MARKETS
      • Article
        Zurich
        162 8 MAR 14 Frmncs Action* Suisaes MumlUf Rr as 1425 unch 15 AJusulaat RegBrown Borefl Br Cite Geify Br m 1830 1335 S 10 3D dot Oeify P C «0 25 Cite Odfj Rcc. 1 Credit Suiis* Br 2350 30 Credit Suisse Reg Elektrowati Br. Oeorge Fischer Br Olotwi Pc
        162 words
      • Article
        Amsterdam
        184 8 MAR M ARM Fto WM -0-5 Ahold ***** 1.1 Akao AMEV Amlu Amrot Bank iST" BoU Boriumij U 10 *1 JO MOJO 18.10 97 JO MJO tut 190 00 ♦0-1 ♦M 0J 42 »14 -0-1 -04 2-1 Burhmann Bjrenkorf Calv* Dairt 12J0 IOJO 1M 50 ♦0.4 OJ D*U MU
        184 words
      • Article
        Frankfurt
        191 8 MAR 14 Dm Acf-Telefunkan 01 JO -01 Akan TIM 0J All* Leben 10 Alls Vm mm -4 BAST \mm 0J fcjHT Wbank ***** 2 Bay Vbajik 77S.00 unch BJJ»T 13# 10 0.3 nnr mm 0^ M" Canellt ZMJO 316.00 3 Chtm Vcrw 275JO LI Coanmcnbaak turn 0J Contl Oummi
        191 words
      • Article
        Brussels
        70 8 MAR 14 FYl FORWARD MARKET Accc 154 Artwl 2380 unci) Astur 072 2 Brmaean 564 12 Bru-L%mb 1736 Cock*! 512 14 4 EDes 2430 -10 neruvoei Ob- In no- Bid 2906 uncf Oe» 1)00 uncf Hntmk Petro 3020 -IS 300S -5 Stdro Z 1110 uncf 733 2250 -36 3400
        70 words
      • Article
        Milan
        95 8 MAR 14 Un Anlr 3t -ft Assoc Oen ***** -400 Bastofl Centraie rut Plnstder 007JO -113 4770 aio 105 -W -M -3.75 Oen Immob 74 75 in Prl BM -35 IuJcemenli 2S800 luiru aos -i IisUtder MacnrU M P1 436 MO -1 -10 lUreUl Ere 281 -12 Medloto MtnUanxa
        95 words
  • Page 8 Advertisements
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      Page 8 Advertisements Column 1
      146 8 This announcement is made by Baring Brothers 9 Co., Limited on behalf of The Guthrie Corporation Limited. The Guthrie Corporation Limited To the ordinary shareholders Retain your Guthrie Shares Guthrie forecasts for 1979 Profit before taxation up by nearly 50 per cent. A record for the fourth year running. Operating
      146 words
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  • MONEY AND EXCHANGE$
    • Article
      Singapore market
      467 9 THE LIMELIGHT yesterday was still on the US dollar against the yen. While the US currency maintained its firmness, dealers reported a drop in activities compared with previous days on the foreign exchange market. Opening at 207.40/50, the US dollar first firmed slightly against the yen. However, support
      467 words
    • Article
      Australia/NZ
      61 9 QUOTES on the Australia and New Zealand exchanges on March 15: AUSTRALIA: US dollar 1.1236/1.1188 Sterling 0.5531/0.5467 Ninety-day airmail buying rates: Sterling 0.5744 US dollar 1.1627 Ninety-day forward buying rates: Sterling 0.5589 US dollar 1.1316 NEW ZEALAND: Reserve Bank mid-rate U551.0643 Trading Bank indications: Sterling 0.5186 0.5156 US dollar
      61 words
    • Article
      Lock icon Increased Eurofranc activity unlikely
      345 9 Reuter THE START of the European Monetary System (EMS) has underpinned French franc Eurobonds which now look very steady. But the French Treasury is unlikely to step up the frequency of new issues to be discussed at yesterday's bankers' meeting on Eurofranc market, said primary market
      Reuter  -  345 words
    • Article
      Asian $ rates
      206 9 Asian rates ASIAN currency deposit interbank rates as at close on March 15: 7 days 1 month 2 months 3 months 6 months 9 months 12 months US DeU*n(Spet> Offer Bid 10 7/16 105/16 109/16 107/16 1011/16 109/16 10 13/16 1011/16 111/16 1015/16 10 15/16 10 13/16 10 15/16 10
      206 words
    • Article
      Euro $ rates
      129 9 Euro rates LONDON Eurodollar deposit rates yesterday opened little changed in quiet early trading, dealers said. Period rates were adjusted higher after Wednesday's technical mark-down for the Friday dealing date, but dealers reported an underlying softer tendency, possibly in reaction to small gains made late in the day on Wednesday.
      129 words
    • Article
      MALAYSIAN FOREX RESERVES UP
      117 9 BANK NEGARA Malaysia said Its geld and foreign exchange reserves rase Is M 57.38 billies at Feb 28 (rem $7.84 Mllisa at Feb IS sad tfJC MlHss at Jaa The teak's fsrtsigbUy halsaee sheet was saebaaged at $&56 billiea frem February IS bat Iswer when csmpared
      117 words
    • Article
      BOA in Islamabad
      64 9 A FULL banking branch has been opened by Bank of America (BOA) in Islamabad, Pakistan's capital. The branch will meet the demand for banking facilities created by the recent industrialisation of the Islamabad area. BOA is one of the first foreign banks in the region, with the
      64 words
    • Article
      Lock icon Fed must act promptly
      435 9 NYT KEY LEGISLATORS, administration officials and bank regulators have agreed that the Federal Reserve should act promptly on foreign proposals to buy United States banks, before Congress finishes its policy review of growing foreign bank ownership. The agreement was reached after a private meeting on Capitol
      NYT  -  435 words
    • Article
      London
      262 9 STERLING yesterday opened lower on its effective index at 65.0 from 65.1 overnight, losing ground against European currencies and the yen, but holding steady against the dollar, which opened mixed in light to moderate trading, dealers said. The British currency's downward movement was due partly to technical profit-taking rather
      262 words
    • Article
      Tokyo
      135 9 THE DOLLAR for overnight delivery yesterday closed easier at 207.20 yen, compared with a 207.40 opening and 209.15 at Wednesday's close. The Bank of Japan sold an estimateed US$BO million to stem a dollar rise and intervention accelerated towards the close, with selling at 207.40 to 207.20, dealers said.
      135 words
    • Article
      Hongkong
      170 9 THE US dollar yesterday lost a little ground gainst the yen but firmed aginst the deutschemark in late trading, dealers said. They said the dollar eased to 207.00/10 yen on some commercial selling and profit-taking from New York's 207.15/25 clow and its 207.20/30 opening here, but firmed to 1.8565/75
      170 words
    • Article
      MLR
      21 9 THE average rate at which Singapore banks are currently prepared to lend to their best customers is 8 per cent.
      21 words
    • Article
      Gold
      298 9 SINGAPORE gold futures yesterday closed generally firmer against the previous close in thin trading, dealers said. Opening prices were marked up around US$l.5O in most positions and thereafter held steady during the morning's trading before rising marginally during the afternoon in line with the higher trend in Hongkong, they
      298 words
    • Article
      Frankfurt
      52 9 FRANKFURT exchanges opening quotes on March 15: US 1.8562 72 <1.8577/*7) CM 1 5796 5815 Stg 3.778 788 D Fl SB.80 70 S Fr 110 70 ut 21* at* F Fr 43.38/48 NKr- 36 43 53 B FY (con) 6 313 '323 B Fr (fin) 6.231 236 Y«n 0
      52 words
    • Article
      Discount
      52 9 Rti|« of price* offered by discount bouse* on March 15: Overnight JQf to 4' tH Call deposits to 4' Closisf Buying Selling 3 month Treasury bills 4'j 4'. 3 month Bank bills 711/10 7 9/18 3 month CD 7 1 7 month CD 7 5/16 73/18 Source: National Discount
      52 words
    • Article
      Untitled
      353 9 FOREIGN exchange and deposit dealers in Singapore, as elsewhere, have about them that air of glamour and impenetrable mystery. One factor accounting for.this, no doubt, is the fast, short-cut language that they speak across to each other in and even out of dealing rooms. What ever may be said of
      353 words
  • Page 9 Advertisements
    • Advertisement
      Page 9 Advertisements Column 1
      263 9 A Collector's Treasure Second Series Of Thel9Bo Olympic Coins Is Now Available P m 3 Representing the mastery of mintage art, the second series of the 1980 Olympic Coins consists of five new silver coins with face value of 5 and 10 roubles, a new gold coin of 100 roubles
      263 words
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  • Article
    DEALS DONE ON THE SES AND KLSE
    1423 10 Singapore BID* and ofler prices officially Bated business in and reported to the S\&M. Exchange at Singapore yesterdav with the number ct shares traded shown in brackets in lots ot Ljo99 units unless otherwise speciTime Settlement Contracts art quoted after the word "sett
    1,423 words
  • Article
    Unit trusts
    158 10 SINGAPORE UNIT TO <8T |rtM ihrMa r W) The Commerce 2 16 2 29 The Saving Fund IS 1.32ul S pore Prof Fund 0.M 0» 1.* S pore Sec. Fund 1.75 S pore Invert Fund 1.34 1.31 S pore Equity Fund 100 106 ASIA UNIT' RUT (Mi—gnu' petal
    158 words
  • Article
    SHARE INFORMATION SERVICE
    2588 10 Gr'» Gr'» Net _i97&a» Company Last Div Div YTd P/E Vol D<v High Low Sale or- CVr COOO) High Low SECTION ONE INDUSTRIALS W2 132 Acma 214 12.0N 15 5.6 235 .190* 123* Alcom 180 100 25 55 135 178 107 Allied Choc 120 unch 105 2
    2,588 words
  • Article
    Government bonds
    139 10 K 3/4* 16/78-80 (250.000) (100.858 100.958) 4 1/2% 1/8/80 (250,000) (90J0B 99 38S) 4 3/4% 16/9/80 (250,000) (90.578 99.656) 5 1/4% 1/3/81 (250,000) (100.188 100.258) 5% 15/4/81 (290.000) (99.618 99.716) 5% T F 1/5/83 (250,000) (100.108 100 JOB) 5 3/4% T F 15/8/81-84 (250,000) (102.006) 5% 13/11/84 (250.000)
    139 words
  • Article
    In Kuala Lumpur
    1637 10 BID and offer prices officially listed and business in and reported to the Kuala Lumpur Stock Exchange yesterday with the number of shares traded shown in brackets in lots of 1,000 units unless otherwise specified AJhiarti (1) 2.78 Ataa (1.325) Alas BaM (1.206) AOM(l.lffl) Bate (2 498
    1,637 words
  • Article, Illustration
    SES features few firm spots in quiet trading
    717 10 THE Singapore stock market yesterday featured a few Bra spots la generally qitet bat steady Breken aay majority el tke eeaaten kave keads* towards tke kargata level iartag tke reeeat kearisk spell. Sappsrt la tkese stocks was fairly streag eves tkeagk tke
    717 words
  • Article
    Steadier trend prevails in Kuala Lumpur
    437 10 A STEADIER trend prevailed on the Kuala Lumpur stock market yesterday as prices moved higher on continued light buying interest. Gains, although widespread, were generally narrow. Opening prices were around overnight levels and trading was hesitant, reflecting a cautious market. Trading, however, picked up
    437 words
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  • COMPANY NEWS
    • Article, Illustration
      Hytex shows better earnings but future remains uncertain
      1041 11  -  By CHAN BONG SOO HAVING just turned in satisfactory results, Hytex now faces a future fraught with uncertainties. For one thing, the group may find itself strapped for cash which will be much needed to tide it over the crucial period ahead.
      1,041 words
    • Article
      Lock icon Time for Sime forms
      524 11 Wm by HOCK LOCK SIEW AT A TIME whea there has bees w much hot air biewiag betweea the pretagoaists ta the Sime bM far Gathrie, it cemes as a shack ta as that there are still a few Gathrie Carparatfaa ifciwihiHtri wha have yet ta
      by HOCK LOCK SIEW  -  524 words
    • Article
      DIVIDENDS ANNOUNCED
      475 11 Current Ex Books Date Total for Total for Payment Date Close Payable the year Previoua year Wilkinson 14% Mar 17 Mar 19 Mar 27 21% 16% B Kawat 6% ITE Feb 28 Mar 10 Mar 28 6%TE 10(a)TE Sel Nut 10% I Feb 28 Mar 10 Mar 31
      475 words
    • Article
      SCRIP ISSUE
      127 11 Company Particulara Ex Date Books Cloae Nat Iron Bonus Issue of 1 for 2 Mar 22 Mar 29 DBS Rights Issue of 1 for 4 v 83.50 per share Mar 27 Apr 3 Dunlop Eat Bonus Issue of 1 for 5 Apr 8 Apr 30 P. Product* Bonus
      127 words
    • Article
      EPF grants MBS $150m credit line
      1074 11  -  By STEVEN TAN MALAYSIA Building Society Berhad (MBS) has obtained a fresh $150 million credit line from one of the nation's largest funds, the Employees Provident Fund. The new credit facility for MBS's various housing finance activities has been approved in principle following the
      1,074 words
    • Article
      COMPANY BRIEFS
      391 11 DUNLOP Estates BM, in replying to a query from the KLSE regarding its proposed bonus issue of one-for-five, says that it is too early to determine a definite trend, but provided commodity prices are maintained at or about their present level, it expect profitability for the current year
      391 words
    • Article
      HIGHER DIVIDENDS LIFT MINSEC
      131 11 HIGHER dividend income has helped boost pre-tax profit at Mineral Securities Malaysia 5.9 per cent higher to $975,900 for the first half year ended Dec. 31, 1978. Dividend income rose 25 per cent to $715,800 which together with income from sales of houses of $317,600 ($389,500
      131 words
  • Page 11 Advertisements
    • Advertisement
      Page 11 Advertisements Column 1
      794 11 OVERSEAS UNION BANK LTD. "INCORPORATED IN THE REPURLIC OF SINGAPORE ANNOUNCEMENT NET PROFITS FOR THE YEAR ENDED 31 DECEMRER 1978 The Directors of the Bank are pleased to announce tlSe following audited net profits for the year ended 31 December 1978 after providing for taxation and diminution in value of
      794 words
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  • Article
    Lock icon US hungers for more Japanese tenders
    799 12 NYT THE United States has asked Japan to open tenders by over 130 government-related "entities" for orders worth about US$7.5 billion (5516.5 bfilion) a year, to foreign companies, a high Japanese official said on Ambassador Nobuhiko Vshiba, who represents Japan at international trade negotiations,
    NYT  -  799 words
  • Article
    Lock icon Chinese troop pullout nears completion
    379 12 Reuter THE WITHDRAWAL of Chinese troops from Vietnam seems to be nearly completed, diplomats said in Peking yesterday. They had received hints from Chinese officials that the pull-back could be completed by the weekend, ending a four-week operation aimed at teaching Vietnam a lesson for
    Reuter  -  379 words
  • Article
    Lock icon Move to dispose tin from stockpile
    135 12 Reuter THE CARTES Admlalstrattoa to omaUertag pwpinh to tharlHuSr^ttipM sf IMM leag teas tt til tad If mtlHf trey saaees af stiver (rata fee US stockpile to tke IM9 fiscal year starttag feis Oct 1, White Hease sflletoJs Slid. The stockpile 41spesal prspssals mist
    Reuter  -  135 words
  • Article
    Lock icon 110,000-barrel target for new KL refinery
    499 12 AFP MALAYSIA'S fourth oil refinery, to begin operation by 1964 or 1965, is expected to produce 110,000 barrels a day, chairman of the state oil company Petronas Tan Sri Abdullah Salleh said yesterday. He said Petronas is studying whether it should refine Malaysian oil
    AFP  -  499 words
  • Article
    Lock icon THE PRIVATE SUMMIT
    131 12 AFP AMERICAN, European and Japanese politicians and businessmen will meet in Tokyo next month in what appears to be a "private summit" ahead of an economic summit meeting of seven non-communist industrialised nations scheduled for late June in Tokyo, the organiser said yesterday. The three-day meeting of
    AFP  -  131 words
  • Article
    LONDON STOCKS
    842 12 LONDON, Thurs. The market moved lower today in moderate trading with inflation worries prompting some selling, dealers said and at 3 pm the Financial Times index was down 7.2 at 502.7. Factors having an adverse effect on market sentiment were the Price Commission report warning of a rise
    842 words
  • Article
    'Education Report pre-empts debate'
    853 12  -  IN PARLIAMENT YESTERDAY By GOH ENG KEE THE EDUCATION Report of the special task force headed by the Minister of Education, Dr Goh Keng Swee, took the "sting" out of the parliamentary debate yesterday on the budget allocations for the ministry. Mr Sia Khoon Seong (Moulmein)
    853 words
  • Article
    More residents committees
    329 12 THE SINGAPORE Govem- ment will implement the Residents' Committees (RC) scheme on a wider scale as a means to meet the social and human problems arising from our in- creasing "high-rise way of living." i Disclosing this in Parliament yesterday, the Senior Minister of State (Prime Minister's
    329 words
  • Page 12 Advertisements
    • Advertisement
      Page 12 Advertisements Column 1
      129 12 IT PAYS TO CONSULT INDCBUEZ BEFORE MAKING A DECISION ON YOUR CASH BALANCES Today wa arc quoting the following for Singapore Dollar term deposits up to St2sojoo 1 month S%%|ML 3 months 6%% PA 6 months 6V»% p.*. 9 months 6*6% p.a. 12 months Savings S'4% p.a. We also issue
      129 words
    • Advertisement
      Page 12 Advertisements Column 2
      259 12 Everything your family will ever need in luxury living Contemporary style Maryland otters the best in luxurious and versatile living spacious split-level living-dining rooms, attached bathrooms in each of the 3 bedrooms, an L -shaped balcony, large enough tor a mahjong table Location Just 10 minutes' drive from Shenton Way.
      259 words
  • Page 12 Miscellaneous
    • Miscellaneous
      Page 12 Miscellaneous Column 1
      56 12 Outlook for Singapore from 6 a.m. to noon today: Mainly fair Report for 24 prior to p.m. m March IS at the airport. Maximum temperature 32.6 Associated humidity 58 Minimum temperature 24.2 'Associated humidity 96 Hours of sunshine 6.95 Rainfall in millimetres 0.8 Total rainfall for the month 47.0 Total
      56 words
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  • SHIPPING TIMES
    • PORTSIDES
      • Article
        Lock icon Tanker Orders
        79 13 AFP JAPAN and South Korea are about to receive orders from Greece for large oil tankers, Lloyd's Last reported on Wednesday. fl Ljvanos group will order two 80,000-ton ships from Hyundai Heavy Industries of South Korea fgc. about US$23 million(Ss4B million). They will be delivered early in 1981.
        AFP  -  79 words
      • Article
        Lock icon Shipping 2000 conference
        111 13 AP THE British Shippers' Council announced plans on Wednesday for a London conference next summer for 800 leaders of the world's shipping industry. The speakers will include Sheikh ATiftied Zaki Yamani, the Saudi Arabian Oil Minister. 3The conference, called "Shipping 2000", will be held on June 19
        AP  -  111 words
      • Article
        Lock icon Ships lying idle
        69 13 UPI FOURTEEN ships were lying idle on Wednesday off the Sydney coast as a result of an industrial dispute affecting maintenance workers at Port Kembla, Newcastle and Sydney's coal loading facilities. The.dispute over wages started in Sydney on March 2 and spread to the other ports late
        UPI  -  69 words
    • Article
      Hamilton thrusts here
      455 13  -  No. 2 MARKET By RONNIE LIM HAMILTON JETS, the export arm of the Hamilton Group involved in engineering and metal fabrication, will soon introduce a new water jet-propulsion system for larger, high-powered craft that will give it better market penetration in South-east Asia. Company director, Mr Derek
      455 words
    • Article
      Lock icon London freight
      171 13 UPI SLOWER t—fltlm permitted Ike whale market la terms et ceafirmed basiaeas details, bat ealy la the Nerth Atlaattc grata trades was this dae to a dwladliag eaqairy sitaattoa. Maat ether grata emaaated frem the Narth Pacific ertglas where a March-April leader received U5529.75 far a IMM-tea barley
      UPI  -  171 words
    • Article
      PSA handles more cargo in December
      479 13  -  By GOH ENG KEE The volume of cargo handled at the Port of Singapore Authority's six gateways last December rose by nearly 23 per cent largely as a result of a substantial increase in general cargo. Total volume for the month was 2.3 million
      479 words
    • Article
      Lock icon America opposes freight plan
      175 13 AFP UNITED STATES bulk-ship-ping companies are expected to voice strong opposition to third-world developing countries expanding their fleets at a three-day international shipping conference which opened in Bath, Avon, on Wednesday. Philip Loree, chairman of the Federation of American Controlled Shipping (FACS), who will address the
      AFP  -  175 words
    • Article
      SHIPPING LIST where your ships are due ... and when
      2563 17 SHIPPING LIST where your ships are due and when SCHEDULE A guide to ships loading at Singapore for Ports around the World The list below tabulates, by port of destination, the name of the ship, the shipping line involved and the estimated dates of arrival and departure from the Port
      2,563 words
    • Article
      INDEX
      523 17 Shlppiag Liitr Page CM ACS n 5 Afea IV 3 Aguila V 2 Alfred V 4 Alltrans V 4 Alpac IV 5 Angkutan IV 4 ANL I 1 APL m 2 Arya Nat n 5 ASCL in 5 Asia Merchant IV 3 Atlas V 4 Aust.Cont IV 5 Bank
      523 words
    • Article
      Container Schedules
      944 18 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO AT CONTAINER TERMINAL PIP NB. (1) Each vessel's estimated time of arrival is advised by the Shipping Line/ :Z Agent and is subject to change (2) All export FCL containers and LCL cargo must be delivered to the Authority's premises
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    • Article
      Who acts for whom
      886 18 The leading shipping lines operating from Singapore and the local agents who handle cargo bookings for them. Aconas Line— Aconas Sdn. Bhd. Adriatic Container— Container Feeders. AFEA Line— Singapore Shipping. Aguila Oriental—Same. Ahli Shipping— Sharjah. Alfred C. Toepfer Line— Intermodal. Algerian National Line (CNAN)—Uni pacific. Alpac
      886 words
    • Article, Illustration
      Lock icon Owners here must soon renew fleet
      1082 18 Seatreight The majority of Singapore's shipowners realise that the bulk of their fleet is due for the scrapyards within the next three to five years and that replacements must be found if they are not to lose their competitiveness in the already depressed shipping
      Seatreight  -  1,082 words
    • Article, Illustration
      SHIPS IN PORT
      416 18 EXPECTED ARRIVALS TODAY KEPPEL WHARVES Ever Bountiful (0000) 25 Feng Yang (after Bremen Maru) 31/32 Heroinae (after Fu Ning) 47 Hudson Maru (after Golden Season) 44 Jeh Hun (after Thai Rainbow) 19 Kaigo (after Ibn Alatheer) 38 39 Kastraki (after Kota Bali) 42/43 King Tower (0600 after
      416 words
  • Page 13 Advertisements
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      Page 13 Advertisements Column 1
      440 13 st class transport Agents: Nedlloyd EAC For further details, please refer to page 3 Scan Dutch J \RI)I\I \\l A H Orient Overseas e FULLY CONTAVOISED SERVICE TO EUROPE (VIA SUEZ) ORKNTAL CHKF UN S SIAS BROGE ?0* OWNTAL RESEARCrtR ICPIUK CO«U 1?* CWWttR PAUL 15* NEPTUK PEARL 14N CHEWIfR
      440 words
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      Page 13 Advertisements Column 2
      432 13 sai§ SEALORD ANTAH UASC UNITED ARAB SHIPPING CO (SAG) All vessels ***** DWT, 105 TON H.L. Derrick 288 TEU Capacity. Long Length Capability. ■ARABIAN GULF WEEKLY SERVICE! Vessel S pore Loading for ibm Bittiy r n-> Duhai (26/3) Dammam (30/3). Kuwait (3/ BN BASSAM G. 31/32 4) Muscat (5/4) Bahrain
      432 words
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      Page 13 Advertisements Column 3
      349 13 ■NOL NEPTUNE ORIENT UNES LTD FULLY CONTAINERISED SERVICES: FAR-EAST/EUROPE FULLY CONTAINERISED SERVICE 0 CHEF* I* Port S S BROGE 23 Mar 0 RESEARCHER 78 Mar N CORA! 5 V C PAU 13 Apr N Pf ARI 19 Apr C ROrt 26 Apr A lACEWON 2 May P f stow» Hawe
      349 words
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      Page 13 Advertisements Column 4
      799 13 L Nedfoyd Lines Call us We call the world Agents: Nedlloyd EAC Please refer to page 3 MAERSK LINE For U S Ptote UH t MUwtn and East Canada (Also accept** tor EQ3 II E3 IC3E in aganaagam FOR fast Asia (Hongkong Manila Keetung Kaotisiungi lapari <Tokyo Kobe Yokohama Nagoya.
      799 words
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      Page 14 Advertisements Column 1
      794 14 Hapag-Lloyd L FULLY CONTWOISEO TO EUROPE »o*rtoon Bit Kanukwa Mara i? i Hon kon( Eipress S f i*y.«A, 11 fcnjttfer 114 1 b CarAean Bay 184 > Aaw?aMaru »< 18 5 rC»Uu 4 18 5 [«w Maru I- I ?3 5 EXPRESS CONVENTIONAL TO EUROPE S'pere P *ei*x Pen Hbao
      794 words
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      Page 14 Advertisements Column 2
      401 14 r <m. 16-17/3). -mmjta -m« 24-26 <tm. 22 23/3 2«/ Apr 2 25/May2 <EAC) .(BBS) (EMC) 25-27/3 M/« I M/« SI/4 5-7/5 9-11/4 3-4/5 VjncouYft BC Seattle if if 5 ft*)' Stmfcawa SAonfa SMU 1 S»|o*i 22-23/3 5-5/4 Los An fetes 26-27/3 $-10/4 San Frjnctwo 19-11/ C 4-7/7 MMViHM (KPRfSS
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      Page 14 Advertisements Column 3
      705 14 EVERGREEN LINE I FAR EAST'EUROPE EXPRESS FULL CONTAINER SERVICE 1 ACCEPTMG CARGO FOR HAMBURG FELIXSTOWE ROTTERDAM. ANTWERP IE HAVRE ALSO ACCEPTMG CARGO FOR UNITED KMGOOM SOUTHAMPTON LONOON MANCHESTER BtRMMGHAM BRISTOL. LIVERPOa. GLASGOW. LEEDS WEST GERMANY BREMERHAVEN HOLLAND AMSTERDAM Emi Mai Apr H kU, Z1 Mai 24 Mir Mar X Iter
      705 words
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      Page 14 Advertisements Column 4
      1161 14 Everett Lines Barm Fivt Star Shippwi Corpn. BURMESE NATIONAL LINE m i i 1 Seaport P KatMC P«>an| PAMA MKDtTMR 19/29 M M/HAP~ W» C?A Transportadon Marttim* MaxicM* S. A. "MEXICAN NATIONAL LINE" Tar east unco i com* amuca soma "m IMM tra|ti M UAi" 10ADNC FOR ENSENAOA MAN/VPLIO ACAPULCO
      1,161 words
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      Page 14 Advertisements Column 5
      602 14 r OCEAN SHIPPING ENTERPRISES PTE LTD RM 2102 TlO3 PIST FLOOR MARINA HOIISF SHFNTONWAr MISTPI ROAD SINLjAPORF 2 Tf L 2201'44 7 H *****70 13! SANKYO LINE AUSTRALIA SERVICE P. Ketang Swgapore Loading tor WTMES. MAT SKY MAY CARP 21/22 Mar 19/2$ Mm 30/31 M» 1/3 Apr 5/6 Apr 2/4
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      Page 15 Advertisements Column 1
      586 15 OCL Overseas Containers Limited cammxsHr rawer to m/comntT. Mont*ong tipress Bay Unplhn Ebt Mvu Liverpool Bat COKTAMERSHP SERVICE FROM UK/CONTMENT SINGAPORE MAMSFELD CONTAMER SERVICES, PTE LTD *****1 K LUMPUR CONTWO AGENOES 4MM4. P.KEUW6 31*006/1 PENANG GUTHRIE BOUSTEAO SHTPfK AGENCIES *2301/3 Australia Straits Container Line (A MEMBER OF THE AMtO CONSORTRM)
      586 words
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      Page 15 Advertisements Column 2
      969 15 GRANARD LINE RELIABLE DEPENDABLE NON-COIffERENCE EXPRESS SERVICE NEST BOUND-FAR EAST/REDTTERRANEAN M.V. MM M V 2«« n Ma 1 Apr S'pn Plata* Pauag hH| tar M* MAN TAT 22*1 Sate* M Opbouti Mdaft P S*/ Aleuandria Beirut lattalua Pueatn Jfipofc Bcnfhvi Ml MAN AN 124N »Ma 1 Apr MM/P Sudan P.SaM/AtetaMna/
      969 words
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      Page 15 Advertisements Column 3
      747 15 I BENLINE CONTAINERS EXPRESS COfTTMO SQtMCE TO/FROM EUROPE H BURG BNAftK fi DAM H iiyw CarMgan li) (<n(i Mara EM* MM liesrps*l Bay FROM EUROPE H BURG B HAVEN R DAM HAVRE SOTON W Germany Austru Benetoi franee All* P Manf Spore Far Sakd SjM SjM Sated li/3 City M
      747 words
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      671 15 Scan Dutch V WEEKLY EXPRESS CONTAINER SERVICE kvi vi i >> j i >i irmr^ Fyader traaP Meat Mb m* actapM* can Mr P bbq *Ca4 P Mmi *fd 25/4. EASTBOUND FROM MED/UK/NC/SCANDINAVIA 1) Cba{ 7) Hbw, ItM S) LeH4) Hsedto P Aetai* TOTMM MM MM MM MM 17/3 MM
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      Page 15 Advertisements Column 5
      735 15 GUTHRIE BOUSTEAD !Kf E G s THE BANK LINE LTD. LOWS FOR I I S AFRICA Durban li t I Capetown I Spwf 21 31 Mat P M»| 1 7 At* FROM EAST t SOUTH AFMCA fOR 6ANGAO* MMMU Penang P Mang3l Mat 4 Apt Spo<r S//? Apt EXPRESS SERVICE
      735 words
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      Page 16 Advertisements Column 1
      861 16 > "K LINE _KAWASAKI RISEN KAISHA. LTD I) UOEt I.IM SS. BHIUGt ?0W 0 WSi ARCHER bW N CORAL l?W c run i!>w TO EUROPE S pote P Kelang 1 h,..ip k <Um In Pot! 18 Mar I 3 Api 4 Apr 23 Mai 24 Mar 9 V 10 Apr
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      Page 16 Advertisements Column 2
      893 16 1.5.A./EAST CANADA SERVICE accept* fa/ia contacts from penang. p. kelang. store lm*i mi ram. not out E.C./6REAT LAKES SERVICE iomime for new raw Norfolk. baltmore. pimacelpha. Montreal toronto Pfung I«M» P HMt Mituxxr -to mar- mu sen 21/22 mv 11/20 mm 17/u m» m-M/v 1 -»wssa- 14/15 Apr 11/13 Dpi
      893 words
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      Page 16 Advertisements Column 3
      522 16 O A (•I'OIII) SINGAPORE SHIPPING AGENCIES PTE. LTD 20TM F.OON UCIAN 81. iQiNG SiNCAPOSEI VAR*ETiNG 9HI.V ,3 CE NE HAi *****1 .14 LINE Si TELE» OS »S .SS6B A B CARSMiP CABLE CABGOSmiP XSs.\ SISdAPORE ISLASDS USE MIDDLE EAST RtA.L LAR USER A SAFE WAV TO SHIP BY SSA S>«t
      522 words
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      Page 16 Advertisements Column 4
      599 16 .MALAYSIA* INTfPNATIONAL SHIPPING CORPORATION BfPHAD EXPRESS FULLY CONTAINERISED SERVICE TO/FROM MED/UK/CONTINENT/SCANDINAVIA WEST BOUWh Aljo accepting intermediate cargo to Hongiong lacpan EXPRESS CONVENTIONAL SERVICE TO UK/CONTINENT T( Man. Spoif P KeUng Penang Laadng tar: B MEL ATI In Pt C4tl Idon 5/4. Aimerp 12/4 Rdam 14/4. H'burg 18/4 leHavre 22/4. Lpool
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      Page 16 Advertisements Column 5
      786 16 4* p INTRASEA (PTE) LTD House 234E Orchard Road Singapore 9 Telephone ***** 1 1 '*****^^ OOEPENDENT SEM/FVU CONTAMER SERVICE TO EUROPE P Want Pmimi LW*| tar J®2 ?l*i, Mb Rotterdam Antwerp An* Til 1"U *M 27 Mar In hamovr| Rotterdam Agate SAgpart —MB (fit) LTD *****U tOCXMC *****57 U"M
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      Page 17 Advertisements Column 1
      268 17 mtom EGYPTIAN INTERNATIONAL LINE (EIL) EGYPTIAN FLAG FAST AND WRECT LINER SERVICE TO EGYPT (PORT SAD ALEXANDRIA) STORE PT KEL PENANG PT SUEZ PT SAD ALEX MARTIAWS CMCO fllASf COHIKT SCJOKO SMGVORE -IE *****11 EGTPT-FLA6 VESSELS ASSURE PRIORITY USE OF BERTHS AT PORT SMD AM) ALEXANDRIA GENERAL AGENTS: L.N. SHIPPING
      268 words
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      Page 17 Advertisements Column 2
      276 17 -HRkl __FAR EAST IUUIV WEST AFRICA SERVICES CONTAMER BULK SERVICE TO LAGOS/APAPA, PORT HARCOURT, TEMA AM) MONROVIA VESSEL Japan H.Kong Sport Lafas YUE FIOHO 21 Mar 14 Apr 20 Apr 20 May A VESSEL 23 Apr 10 May 16 May 15 Jun ACCEPTW BOTH CONTAMERS AND PALLETISED CARGO FRATA SHIPPING
      276 words
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      Page 17 Advertisements Column 3
      277 17 OCEAN CONTINENTAL ENTERPRISE PTE LTD Room 610, 6th floor High Street Centre S pore 6 Tel *****/*****/***** REGULAR SAILINGS TO FROM BANGKOK/SINGAPORE (ACCffTMG ON CARGO. CONTftRBB I KAVTUFTS) STOtt KK VOr ?06 tri Port vor 206/ 7 (S/N> 70/73 Mar 77/30 1 VOY 207/S (S/W) 74/71 Mv 78/31 I WORLD
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      Page 17 Advertisements Column 4
      235 17 ALFRED C. TOEPFER LINE REGULAR SERVICE TO MEDITERRANEAN PORTS OF ITALY, SPAM, FRANCE TMBER SERVICE S port P. Ketanf Dtsdurpnf Ports lOUCAS* Saied In Port Monfafcone CAPE KAMAM In Port Valencia. Salerno MAWVERDA 17 Mar leddalt ROSMA TOPIC 22 Mar Jeddah MVEKSHW 4 Apr leddah BAStI 15 Apr Valencia. Salerno
      235 words
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      Page 17 Advertisements Column 5
      309 17 P.T. INDONESIAN ORIENTAL LINES JAKARTA REGULAR DEPENDABLE EXPRESS SERVICE TO I FROM NMNESM DEEP* MAAI... DEEP* MH.... DEEP* MM PENAHG PKELMG STORE DESTOMTIOft 15/17 Mar 17/11 Mar 19/20 Ma T, Prat (lakarta) TTT" 17/20 Ma SoMraag/Wabay* —i 19/20 Ma 20/21 Ma 22/23 Ma Tj. Prat (lakarta) HENG LEONE SNTPME CO
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