The Business Times, 11 April 1979

Microfilm: NL10129
Total Pages: 18
1 18 The Business Times
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  • Title Section
    Masthead
    11 1 BUSINESS TIMES M.C.(P) No. IH/l/li WEDNESDAY, APRIL 11, lf7» 50 CENTS
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  • BRIEFLY...
    • Article
      Lock icon Refugees' firearms
      63 1 Reuter KUALA LUMPUR, Tues. Police recovered 274 guns and more than 43,000 rounds of ammunition from Vietnamese refugees who landed in Malaysia since 1975, Home Minister Tan Sri Ghazali Shafie said today. He told the Senate the government did not prosecute them because the guns were for their
      Reuter  -  63 words
    • Article
      Lock icon Transport strike
      70 1 Reuter TOKYO, Tues. About 860,000 Japanese transport workers today decided to call a 72-hour strike that would virtually stop land transport services. The decision was made by the all-Japan Council of Railway and Transport Workers Unions demanding higher wages. The council encompasses the two powerful unions of the
      Reuter  -  70 words
    • Article
      Lock icon Easier food credits
      74 1 Reuter MANILA, Tues. The Central Bank today announced several measures designed to spur production by relaxing credit in several areas including food processing and manufacturing, food grains production, animal husbandry and fishing. Rediscount rates for non-export orientated small-scale and cottage industries were reduced to 6 per cent
      Reuter  -  74 words
    • Article
      Lock icon Airbus order
      43 1 AFP PARIS, Tues. Airbus Industrie today announced that the British Laker Airways group has ordered ten Airbus A-300 84-200 airliners for use on its Mediterranean and Canary islands flights. The company said that Laker signed the contract in London today. AFP
      AFP  -  43 words
    • Article
      Lock icon Viet denial
      40 1 AFP HANOI, Tues.— Vietnamese authorities today denied reports that "secret" changes had been made in the country's top leadership. "It is regrettable that such a baseless and illintentioned report should have been published," Vietnamese sources said today. AFP
      AFP  -  40 words
    • Article
      Lock icon Sterling jumps
      77 1 Reuter LONDON, Tues. Sterling today reached its highest levels since September, 1975 on the European foreign exchange markets, jumping to $2.1047 in late afternoon deals. Sterling has been gaining for days, partly because of expectations that the opposition Conservatives will win the general election on May 3, partly
      Reuter  -  77 words
    • Article
      Lock icon Egypt explains
      77 1 Reuter CAIRO, Tues. Egypt sought today to defuse a mounting controversy over the future of the Israeli-occupied Golan Heights by saying a remark on the subject by Prime Minister Mustapha Khalil had been widely misinterpreted. Some press reports quoted Dr Khalil as having told a closed parliamentary committee
      Reuter  -  77 words
  • Chief Price Changes
    • Article
      SINGAPORE
      131 1 Rises Most Active D Keramat 1 1280 60 Pahang Coos 267,000 Malakoff F E Lrvin(*ton Magnum Corpn Premium Hldga 268 284 430 134 15 14 12 11 Olympia UOL Sup Corp 238,000 235,000 214,000 M Banking 675 10 Total Turnover: 6.57m P M Hldga 280 10 Total Value: S14.56m
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    • Article, Illustration
      KUALA LUMPUR
      134 1 Falls Most Active Kamnnfing 290 -18 S Darby 299,000 S. Kinta 680 -15 F Merlin 279,000 Gen ting 362 -12 Coosplant 244,000 Kulim 186 -10 Kulim (M) mom Oriental Petaling OCBC 630 790 -10 -10 Total Turnover: 4.23m 890 -10 Total Value: Mfl0.12m PMC T'ganu Dev 370 161
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  • Article
    It's good-bye to rental revisions
    853 1  -  JTC OFFERS TWO OPTIONS By FONG MEW LENG THE Government has offered two new options for leasing industrial land that will spare industrialists the fear of possible five-yearly rent revisions of as high as 50 per cent. The Jurong Town Corporation (JTC) will implement the
    853 words
  • Article
    The big day at Mobil Oil
    222 1 MOBIL Oil Singapore's new reformer unit at its Jurong refinery will be officially opened by Finance Minister Hon Sui Sen on April 23 at 3.30 pm. The reformer unit costing $57 million started production of automotive petrol when it was completed at the end
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  • Article
    Devan issues ultimatum to shipowner
    528 1  -  By GOH ENG KEE MR DEVAN Nair, the secretary-general of the National Trades Union Congress (NTUC), yesterday told a Singapore shipowner, whom he accused of behaving "like a robber baron of the mediaeval times, that it has one week to conclude a collective agreement with
    528 words
  • Article
    CARRY ON FLYING...
    183 1  -  By RONNIE LIM SINGAPORE Airlines said it will not reduce the number of flights to Indonesia or other destinations despite failing to obtain additional aviation turbine fuel from the Indonesian state oil company, Pertamina. The national carrier was commenting on a Jakarta report stating that Pertamina had
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  • Article
    Dealers hard put to explain tin price increase
    263 1 PIVE meatks after kreacklag tke M$2,«M level, tti frica yesterday galaed $24 a pleal te toaek a Mgk af ML Ike aew price large ef tke metal eaafaaaded dealers aad experts katk here aad la Kaala LamB. At a time ska they
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  • Article
    Giant US agency takes stake in Batey Ads
    499 1  -  By TSANG SAU YIN BATEY Advertising, or Batey Ads as the advertising agency is now known, has taken in a partner BBDO International Incorporated, an American company with its head-of-fice in New York. Another recent event is the handing over of the
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  • Page 1 Advertisements
    • Advertisement
      Page 1 Advertisements Column 1
      30 1 whatever you need In menswear,getitat... MOHAN'S DEPT. STORE (PTE.) LTD. 321, Orchard Road TW *****22 (next to Mandarin Motet) Branch: WfcngMn Shopping Cantiv W *****40 Daily .9am-9pm SEE PAGE 5
      30 words
    • Advertisement
      Page 1 Advertisements Column 2
      96 1 FRATA FRATA NEWS GBN LINE COMBINED CONTAINER AND BREAK-BULK INDEPENDENT LINER SERVICE SINGAPORE TO LAGOS ALSO ACCEPTING CARGO FOR PORT HARCOURT, COTONOU, DOUALA, ABIDJAN, MONROVIA, ANDTEMA. (Subject to inducement) NEXT SAILING MV YUE FLOWER ETD SINGAPORE 15 APRIL WITH 25 DAYS VOYAGE ETA LAGOS/APAPA 20 MAY THROUGH THE LINES OWN
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    • Advertisement
      Page 1 Advertisements Column 3
      57 1 SHIPPING TIMES SWIFT termini sales MM* 2 GIANT mall trier Arm seeks HONGKONG AsUsr" *geeiT"ea trial S BDESH gives tavesters Ike 'esme ea" f MONEY Is Ike reel st all kappiBAHRAIN Ike risiag APOLLO rigkts PIET fall empisyMEMOPAD t, CROSSWORD t, AIRCRAFT SCHEDULE I, TV RADIO I, STRAWS IN THE
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    • Advertisement
      Page 1 Advertisements Column 4
      206 1 $[:";`,).[?>:)|_(\|/}}&,_^<}[_` 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 mistakes. First the
      206 words
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  • TRADE AND INDUSTRY
    • Article
      MEMO PAD
      532 2 COURSES AND TALKS Feb 5-Apr 14: Diploma in Life Insurance, SITC, SITC March-July: Personnel Management Concept Scope and Functions, Holiday Inn, Personnel and Organisation Development April 1-30: Industrial labour organisation (residential course), RELC, Industrial Labour Organisation of S'pore April 2-27: Business management module 11, RELC, NPB April 10-26:
      532 words
    • Article, Illustration
      PEOPLE IN BUSINESS
      137 2 THE SINGAPORE branch of Nordic Bank Limited has announced the promotion of Mr Edmud Tai Kwek Wall to assistant manager of its foreign exchange department. Mr Tai has been with the bank since the branch started in October, 1975. At the annual general meeting of the Administrative
      137 words
    • Article
      TRANSPEC
      53 2 TRANSPEC'S initial aim is to set up a central base for communication and distribution and not to set up a production base as mentioned in Saturday's Business Times. Transpec is a public company formed in 1965 in Australia. One of its principals is Bergische Achsenfabrik (West Germany), manufacturer of
      53 words
    • Article, Illustration
      SIA TRAINING CENTRE READY NEXT MONTH
      178 2 SINGAPORE Airlines' new cabin crew training centre at Paya Lebar is expected I to go into operation next month. The cost of the building, excluding equipment, is estimated at $4 million. One of the main features j of the centre is a safety training
      178 words
    • Article, Illustration
      Swift sales push by computer companies
      752 2  -  By COLIN CHEE THREE computer companies in Singapore are now engaged in what may prove to be one of the most intensive campaigns to get banks here to buy their SWIFT terminal systems. The campaigns come hot on the heels of the decision to
      752 words
    • Article
      Cement body invites locals
      164 2 A STUDY team from the New Zealand Portland Cement Association has invited some Singapore achitects, engineers, builders and cement manufacturers to visit New Zealand. The 2&-man team, which arrived last Wednesday, comprised engineers, architects, builders and concrete manufacturers. It was here to study developments in the
      164 words
    • Article
      European mail-order firm looking for suppliers
      159 2 ONE OF the largest mailorder Arms in Europe, 3 Suisses, is in Singapore to meet businessmen and traders. Linked with Jehsen and Jessen, the buying agent for leading European department stores and mail-order houses, 3 Suisses intends to establish an outlet in Europe for
      159 words
    • Article
      Furniture team in
      43 2 A 10-MEMBER mission from the Canadian Furniture Manufacturers Association is in Singapore on a five-day visit. The mission, sponsored by the Canadian International Development Agency, is here to foster joint ventures between Canadian and local entrepreneurs in the woodbased industry.
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    • Article
      Slick danger is passed
      66 2 THE JOHORE coast is out of danger from the oil slick, resulting from the collision between an oil tanker and a United States aircraft carrier last Thursday. The director-general of the Malaysian Environment Department, Mr S. T. Sundram said yesterday the department was informed by the
      66 words
    • Article
      Enterprising Japanese firms
      469 2 JAPANESE enterprises in Singapore exported 41.2 per cent of their total output back to Japan in 1977, according to a Jetro report. This is an improvement over the 34.1 per cent growth achieved in 1376. The total exports of Japanese enterprises constituted 8.2 per cent of Singapore's
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    • Article
      Lock icon Trade with Thailand
      148 2 Reuter SINGAPORE last year exported U*****.1 million (Ss46o million) worth of goods to Thailand and imported U*****.5 million worth of goods from there. Thai Commerce Ministry figures show Thailand's trade surplus with its Asean partners fell by 37 per cent last year to 1318.9 million from $438.4
      Reuter  -  148 words
  • Page 2 Advertisements
    • Advertisement
      Page 2 Advertisements Column 1
      273 2 Pocket the world's first pocket-sized TV Believe it or not. the Sinclair Microvision measures only 160 mm x 113 mm x 43mm and weighs an incredible 740 gm And yes. quite literally, you can slip it in your pocket For all it's small size, it's crammed with some great features
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  • Page 2 Miscellaneous
    • Miscellaneous
      Page 2 Miscellaneous Column 1
      640 2 LI TWO-IH CRYPTIC PUZZLE ACROSS 1 She confronts the gunners with grit (6) 7 He has a little place in the country (8) 8 Napoleon's game? (4) 10 Go north to cause a rising <«) 11 Surname possessed by 1000 only? (6) 14 Become a bit fidgety (3) 16 Heartless,
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  • REGIONAL
    • Article, Illustration
      Lock icon PATENT LAWS?
      123 3 AFP CHINA might draft a pateat law later this year la a step te keep ap with madera techaatngy ef the warld aad jnia the Parte treaty aa industrial property rights aa saaa aa paarihie, a Japanese sfßcial said teday. Mr Zeajl Kamagai, dlreeter-geaeral at the gevenuneat'g Patent
      AFP; AP photo  -  123 words
    • Article
      Lock icon Long road for Chinese steel mills
      494 3 AFP CHINA'S steel industry, faced with outdated equipment, technology, and a shortage of technicians, has a long way to go before it can be modernised. "They (the Chinese) may have difficulty in reaching the goal set by themselves for the year 2000 but they
      AFP  -  494 words
    • Article
      JAPANESE BUST-UPS
      90 3 JAPANESE bankruptcies last month rose to 1,337 from 1,044 in February, but were down from 1,517 in March last year. The company, whose figures are used by the Bank of Japan for bankruptcy statistics, said debts in March fell to 151 billion yen (551.54 billion) from 216 billion
      90 words
    • Article
      Tokyo blesses Leyland and Honda tie-up
      363 3 A SENIOR British official yesterday said the Japanese government supports cooperative moves between Japan's giant Honda Motor Company and the stateowned British Leyland group. Sir Leo Pliatzky, permaf nent secretary at the British Board of Trade, said he had been told by Mr Toshikazu
      363 words
    • Article
      Tun Tan calls for Opec-style pricing of raw materials
      302 3 PRIMARY producing countries should opt for Opecstyle pricing of their commodity exports instead of supporting price stabilisation schemes, Si me Darby chairman Tun Tan Siew Sin said in Kuala Lumpur yesterday. Even if agreement was reached on setting up of international
      302 words
    • Article, Illustration
      Lock icon TRIAL OF THE HK DOLLAR
      457 3 Reuter AFP THE HONGKONG dollar yesterday hit a three-year low with dealers gloomily forecasting no end in sight to the trials and tribulations of the local currency in the Colony. The currency, once one of the world's sturdiest, lost five cents against the US dollar
      Reuter; AFP  -  457 words
    • Article
      Lock icon $20m steel frames
      72 3 Reuter JAPAN'S Sumitomo metal industries has signed a 2 billion yen (S?2O million) contract with Li Pak company of Hongkong for the supply of about 10,000 tonnes of large-sized steel frames to the colony, it was announced yesterday. The Japanese steel firm said the steel structures would
      Reuter  -  72 words
    • Article
      Lock icon Viet troops to cut off Khmer Rouge
      108 3 AFP ABOUT 50,000 Vietnamese soldiers and 4,000 Kampuchean auxiliaries have begun an operation aimed at cutting off the mountainous region of south-western Kampuchea, military observers said in Bangkok yesterday. They recalled that Khmer Rouge guerrillas from the ousted Pol Pot regime had mounted
      AFP  -  108 words
    • Article
      Lock icon Keep off kerosene, Jakarta industry told
      193 3 Reuter INDUSTRIES in Indonesia have been Earned not to switch from using industrial diesel fuel to the cheaper kerosene to avoid harming the interests of the ordinary people. A spokesman for Pertamina, the state oil company, said sanctions would be taken against both companies
      Reuter  -  193 words
    • Article
      Suharto due in Philippines
      78 3 INDONESIAN President Suharto is expected to visit the Philippines next month for an informal meeting with President Marcos, informed sources said in Jakarta yesterday. The exact date for the visit has not been announced, but Indonesia's ambassador to the Philippines, Air Marshal Sudharmono said the visit
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  • Page 3 Advertisements
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      Page 3 Advertisements Column 1
      220 3 GAL ANT SIGMA 2000: THE LIVING ROOM COMFORT •> ■> j&m t m i 0& -mn \Hfi- ■■//,4s JfjFg// iWMs a?fj -W mi 4f/ y &M///a >?rJF/'7£d w ft/M Mj* fr* '//MM- id f*Jr Ma *L Mi Jsp ~->■• SKik -iP &*»L 5 tti&m Mm v'v V. ,jr> sen" ®fe
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  • RAW MATERIALS
    • Article
      RUBBER
      235 4 OPENING prices in Singapore yesterday were marked up slightly and the market later gained further ground on May demand and reports of Indian acceptances. Some profit-taking emerged but was well absorbed. Forwards were neglected, dealers said. The morning session closed slightly higher with May One RSS buyers quoted at
      235 words
    • Article
      Closing prices
      30 4 Rubber: April 10 Singapore: May: 276.50 cents (up 5.25 cents) Malaysia: May: 279«25 cents (up 5.75 cents) Tin: $2,005 (up $24) Official offering: 208 tonnes (down 27 tonnes)
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    • Article
      RAS PRICES
      339 4 R.A.S. 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 279.25 280.25N 281.50 282.50N Int. 1 R.S.S. May 274.25 274.75 276.50 277.00 Int. 1 R.S.S. June270.00 270.50 272.25 272.75 Int. 2 R.S.S. 267.50 268.50N
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    • Article
      SSR and SMR
      107 4 NOON SSR and SMR price* yesterday KAS May Juae (Curreat Mth) (For ward Mth) SSR 20 II ton pallet) Buyer* Seller* Buyer* Seller* •263 00 265.00N 263.00 265.00N SSR 50 (lton pallet 1 260.00 262.00N 260.00 262.00N MRELB SMR CV 11 ton pallet) 278.50 280.50N 278.50 280.50N
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    • Article
      Palm oil
      63 4 C.I.F. North European ports, in US dollars per ton unless otherwise stated LONDON: Mm PrevlMs Malaysian 5% ffa bulk per tonne June 674slr 662sJ r Sumatra 5% (fa bulk April 695slr 690slr May 685slr 680slr June 680slr 675slr July unch 670slr Nigeria 5% ffa bulk stg unq unq
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    • Article
      Straits tin
      75 4 THE STRAITS tin price in Penang yesterday strengthened another Ms 24 to $2,M5 a picul. Increased followthrough buying demand from all quarters, with US and European interest particularly strong, was noted and the firmer sentiment also reflected the overnight rise in London and a lower supplies of tin
      75 words
    • Article
      Hongkong Comex
      162 4 THE SUGAR futures market remained quiet and featureless yesterday with no trades registered, as on Monday, dealers said. May closed at 8.27/30 US cents against Monday's 8.32/35 close, July at 8.57/60 against 8.63/66 and March at 9.65/68 against 9.65/69 cents. Sugar futures closing prices: Prevtwu Ctaaiag CtosUg May
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    • Article
      Soybean
      167 4 CHICAGO soybean futures closed mixed with prices off six to up 2'4 US cents a bushel on Monday. Spreading pressure of new crop buying and old crop selling in addition to new crop support by commission houses was responsible for the mixed close, traders said. Shortly before the close
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    • Article
      LONDON MARKETS
      698 4 OILSEEDS: Brokers reported a generally quiet edible oils market during the morning yesterday, with prices mostly a shade lower in sympathy with the closing trend in Chicago. The US Department of Agriculture's soybean export inspection figures of 12,251,000 bushels for the week ended April 6 was lower than
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    • Article
      Rice
      323 4 SINGAPORE: Yesterday's closing prices in SJ per kilo, ex-godown: THAI WHITE: 100 per c*nt first class (Kangaroo) new crop 0.96, 100 per cent second class 0.85, 100 per cent third class 0.80, 25 per cent new crop no stock, B-10 per cent 0.75. THAI BROKEN: A-super 082. Special 0.56.
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    • Article
      Philippine copra exports see a jump
      196 4 PHILIPPINE copra exports rose to 31,350 tonnes in March from 15,000 tonnes in February, and 15,096 tonnes in March 1978, Philippine Coconut Authority statistics show. But total copra exports from January to March fell to 50,540 tonnes from 99,890 tonnes in the same 1978
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    • Article
      Lock icon African producers hold solution in coffee talks
      394 4 AP THE AFRICAN ceffeepreduclag Battens held the answer to the riddle that Is stowing dawn dedstoas In the internati—l Lsadea coffee talks. The qaeattea Is: Is m maeh Africa* coffee available as to warrant setting up expert quotas and Impart centrals? The Earapeaa
      AP  -  394 words
    • Article
      Rubber smallholders still facing host of problems
      1254 4 THE MID-TERM review of the Third Malaysia Plan offers another grim pointer that rubber smallholding is a troubled sector of the rubber industry despite its increasing share in total production and its socioeconomic importance to the country. Although, endless efforts have been made,
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    • Article
      Produce exchange
      267 4 PHYSICAL trading was quiet on the produce market yesterday. Except for coffee, commodity prices were unchanged. Coffee saw an impressive jump of $10 per tonne for all grades. The bullishness was attributable to the influence of the overseas markets. In New York, for instance, coffee futures soared on
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    • Article
      Textiles
      194 4 YARN and cotton prices were quoted as follows in Hongkong yesterday: (la HK dollars, spot ex-godown) Cattsa yam: China Blue Phoenix 20s 2,415. 32s 2.960 40s 3,040 (per bale of 400 lbs). PVx* (Mds: China Butterfly and Globe brand unq; Dragon Head unq, Five Lambs unq; FVower and Butterfly
      194 words
    • Article
      Wheat
      98 4 WHEAT futures in Chicago on Monday closed lower with prices off two US cents to half a cent a bushel. Traders said slower exports and Canada's planting intentions report showing an increase of 700,000 acres of wheat were negative factors. A Canadian commission house bought an outstanding amount of
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    • Article
      Lock icon Rubber pact proposals get general agreement
      538 4 Reuter PROPOSALS for an international pact to stabilise natural rubber prices within a range of S/M52.70 to 11.50 a kilogram backed by a buffer stock of 560,000 tonnes won general agreement at a negotiating conference in Geneva, delegate sources said. But the Soviet Union
      Reuter  -  538 words
    • Article
      Lock icon Sharp cutdown in African maize expected
      415 4 Reuter INDUSTRY sources said South African 1979/80 maize export availability will be cut sharply to around 1 to 1.2 million tonnes from 3.04 million estimated by the Maize Board for the current season ending April 30. They said the bulk of exports will be
      Reuter  -  415 words
  • Page 4 Advertisements
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      Page 4 Advertisements Column 1
      98 4 TROPKOOL AIRCONS take pride of place among the best TROPI-COOL car airconditioners are Americandesigned and engineered specially for the tropics. There are none better for the price. 1-year warranty Robust YORK or ABACUS Compressors In-dash and under-dash models available Superb back up service Cap o A/. i ;i I i
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      Page 4 Advertisements Column 2
      9 4 UMfflelal elaslag prices «f L»id>i metals sa hack page-
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  • OVERSEAS
    • Article
      Lock icon When Egypt will take sides with Syria...
      312 5 UPI EGYPTIAN Prime Minister Mustafa Khalil said on Monday Egypt would take Syria's side if Israel refused to evacuate the Golan Heights and the Syrian government attempted to liberate its occupied territory by force. But Mr Khalil made the Egyptian pledge of assistance
      UPI  -  312 words
    • Article
      Lock icon SALT not ready for signing yet
      212 5 UPI AMERICAN State Department officials said on Monday a Strategic Arms Limitation Treaty (SALT) is not ready for signing. They discouraged speculation that the meeting scheduled for late Monday between Secretary of State Cyrus Vance and Soviet Ambassador Anatoly Dobrynin implies all issues of
      UPI  -  212 words
    • Article
      Lock icon Forecast of higher GDP for West Europe
      295 5 Reuter GROWTH in EEC gross domestic product of roughly 3.5 per cent this year against 2.8 per cent in 1978, a slight drop in unemployment figures, a stabilisation in price rises and a limited deterioration in the payments balance, are the main conclusions
      Reuter  -  295 words
    • Article
      DAILY AIRCRAFT MOVEMENTS
      740 5 ARRIVALS Service Local Operator Number Time From MAS MH607 0845 KUL SIA SQ101 0900 KUL MAS MH671 0945 PEN/KUL CPA CX710 1005 HLP GIA GA980 1030 HLP SIA SQ103 1045 KUL SIA SQ211 1045 HLP MAS MH605 1045 KUL GIA GA944 1055 PKU GIA GA908 1100 MES
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    • Article
      Lock icon Bonn economy will continue its upswing
      640 5 AP Reuter WEST German Economics Minister Otto Lambsdorff is in broad agreement with the latest findings of the country's five leading economic research institutes that the domestic economy is continuing on an upswing. The institutes' report forecast German inflation will average 4 per cent
      AP; Reuter  -  640 words
    • Article
      Lock icon AMERICAN OIL IMPORTS
      90 5 Reuter AMERICAN imports of petroleum and petroleum products are expected to fall to 8.5 million barrels a day by the end of this year, assuming there is anticipated consumer resistance to higher prices and reduced consumption because of slower economic growth. An internal Treasury forecast said for
      Reuter  -  90 words
    • WORLD IN BRIEF
      • Article
        Lock icon IRAN TRIES TO STEM CRITICISM
        547 5 Agencies AN IRANIAN revolutionary court commuted the sentence of a Savak secret policeman and acquitted 16 others in what appeared to be an answer to criticism of recent summary trials and executions of the Shah's key men and security officers found guilty of mass murders
        Agencies  -  547 words
  • Page 5 Advertisements
    • Advertisement
      Page 5 Advertisements Column 1
      205 5 < It takes all kinds of people to make a world airline. If we want to fly the world, we have to know the world. And Pan Am people do. Our 27,000 employees come from all over the world. Our cabin crews speak two or sometimes three languages, 47 all
      205 words
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  • Article
    Fool employment is more like it
    471 6 IT IS SAD that leaders of the Fiet World Executive Committee, who by any measure must be men equipped with the quintessence of worldly wisdom in the areas of labour and industrial relations, should choose to draw up the resolutions they have announced to
    471 words
  • Article
    Price of landing more investment
    337 6 JURONG Town Corporation's announcement of a new lease scheme, increasing the number of options available to three, should be well received by industrialists. A widening of choices can never be bad. But there may be doubts in some quarters as to the benefits this new
    337 words
  • Article
    Lock icon A cheap source of abundant labour
    1011 6  -  By JAMES P. STERBA NYT AFTER AN UNSUCCESSFUL experiment with socialised industry, Bangladesh has begun courting private enterprise, both foreign and domestic, in an effort to stimulate its economic growth and development. x Offering an almost inexhaustible supply of the world's cheapest labor, abundant
    NYT  -  1,011 words
  • Article
    Lock icon Nuclear power problems
    951 6  -  By FLORA LEWIS NYT THE expansion of nuclear energy installations in the world is slowing down compared to earlier plans, according to experts at the International Energy Agency (lEA) and the Organisation for Economic Cooperation and Development (OECD). No doubt, they say, the tendency will be reinforced
    NYT  -  951 words
  • Page 6 Advertisements
    • Advertisement
      Page 6 Advertisements Column 1
      264 6 Wa w 1^ 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
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  • Page 6 Miscellaneous
    • Miscellaneous
      Page 6 Miscellaneous Column 1
      28 6 BnStoVST: Frank Dickens I I VC BG£M Bgisiboj—uMPtrs GOHGOJ^' «HP*T'S THC THIRD T|(Vi£, >bU'V£ STOOD UP, STePBED 6RISKL.V TotHe Dooß, rnpißcMeo DOWN TMe CORRIDOR. DOU3M r-np TMC STRg^T
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    • Miscellaneous
      Page 6 Miscellaneous Column 2
      566 6 TV&RADIO Dancing to Boulez i Mm m X "*rw, SINGAPORE 5 3.00 PM Opening and I Love Lucy The Girls Go Into Business 3.25 Diary of Events (Malay) 3.30 Bonanza The Sound of Sadness 4.20 Intermrssion 6.05 Opening and Please Don't Eat the ft UU aLaa mil CMAWA# U3816S VVI
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  • Article
    Millionaire who means to give his cash away...
    1761 7  -  By MICHAEL W. FEDO IN THE QUIET Edina suburb of Minneapolis lives 62-year-old Percy Ross, one of the happiest and most flamboyant of millionaires. He throws parties. He gives to charities. He gambles in Las Vegas. He loves publicity. "Money," he says,
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  • Article
    ....AND ANOTHER IS BEING WOOED BY CHINA FOR HIS
    979 7  -  By FOX BUTTERFIELD ,i- SIR KENNETH Fung, one of Hongkong's leading businessmen and civic patrons, has been invited to return to his native village in China this week to reopen a private school and library which his family had long sponsored
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  • Article
    STRAWS IN THE WIND
    644 7 I FEAR the Singapore Society of Accountants has been unreasonably swayed by my warnings that a shortage of funds leading to .the cancellation of the anmmi free dinner for those attending the Annual General Meeting would in all probability lead to a quorum not being fanned.
    644 words
  • Article
    Energy health is failing in the US
    782 7  -  [FORUM. 1 ...with Steven Rattner IF LAST week's developments in the politics of energy served no other purpose, they at least functioned as a vivid reminder of the paucity of energy options. By all accounts perhaps most graphically President Carter's own on Thursday
    782 words
  • Page 7 Advertisements
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      Page 7 Advertisements Column 1
      227 7 n s •fU I I If 7:1 s r; W iff S r» H €M 8 21 aa lon oosis in the onent 214 Duneorn Road. Singapore 11 Tel: *****2 H r V? n > J ll >< S LI i II sii )i -;i >( l >' if i
      227 words
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  • INTERNATIONAL STOCK MARKETS
    • Article
      Lock icon Nikkei D-J dives below 6,000-level
      609 8 ;£VKYO Source: DBS-Daiwa THE MARKET continued extremely weak ovei' a broad front, as most investors sat on •We sidelines anticipating 'monetary restraints. .■V* |r- 'The Nikkei Dow-Jones aver- 4g£ posted its second sharp decline this year and went jglow the Y 6,000-level (or the rfrft
      Source: DBS-Daiwa  -  609 words
    • Article
      Hongkong
      296 8 n THE STOCK market yesterday ..retreated in quiet trading following aa absence of buying y interest throughout the day. The Hang Seng index feU 4.53 points to 530.02. tj.n' K A*H 10 HKS (ij AqBai Rubbed 3.15 -005 t Ayjociated Hotels fmwaters 2 60 -006 Cheong Kong 9 OOxall
      296 words
    • Article
      Sydney
      340 8 THE MARKET closed on a quiet note yesterday, with gains for selected industrials, and a few high spots on the mining boards, dealers said. BHP, ex-dividend and exbonus today, rose to end the day 30 cents higher at 111.90. CSR rose five cents to $3.75 but gains (or other
      340 words
    • Article
      Manila
      128 8 THE MARKET yesterday closed higher across the board but turnover (ell to 7.1 million pesos from Friday's 9.4 million, dealers said. Gainers were Atlas Con B, Philex B, and PLDT Unchanged issues included Acoje Mining, Baguio Gold, Landoil B, Podco B, Seafront, Inco B, Meralco, Pi cop B, San
      128 words
    • Article
      Bangkok
      247 8 APR 10 Bah is Asia Credit Asia Fibre Ayuthaya Inv And Trust Bangkok Investment Bangkok Bank Bangkok Drying And Silo Bangkok Insurance Bangkok Metropolitan Ban Bangkok Nylon Bank Of Asia Bank Of Ayudhaya Ltd Bala Berll Jucker Carpet InterNational Charoong Thai Wire Crown Seal Duslt Than) First Trust G
      247 words
    • Article
      JO'BURG
      323 8 APR 00 Rand INDUSTRIALS A Alpha 166 -6 A hereon 223 -0 AE And CI 406 •10 A MIC 1430 -46 Barlows 503 -11 Cf Sugar 9)0 CNA 206 unch Carrie Finance 100 1 Or Beers Ind 1400 Ed con 385 unch Edgars 4390 -50 Eve ready 2TTB unch
      323 words
    • Article
      TORONTO
      230 8 APR 09 CS Abitibi 17'» -S Alcan 42 Algoma 28'. Bank Mont »S. unch Bank Nova Scolla 23". unch Bell Tel M- S Beth Corp BP Can Ltd 24'j unch Bra-Van 22'. B Camp Red Lake unch Can Imp Bk 27 -S Canpac 29' unch Canpac Inv Pf 16'i
      230 words
    • Article
      Selected indices
      65 8 FINANCIAL TIMES INDUSTRIALS Monday 531.4 Friday 525.3 Week Ago 532.2 DOW JONES AVERAGE INDUSTRIALS Monday 873.70 Friday 875 69 Week ago 855.25 LONDON DOLLAR PREMIUM Monday 52H to 53'* Friday 52'/i to 52 3 4 H.K.HANG SENG Tuesday 530.02 Monday 534.5$ Week ago 518.50 SYDNEY INDUSTRIALS Tuesday 482.13
      65 words
    • Article
      Shares pull back in moderate trading
      1237 8 NEW YORK THE Stock market pulled back in moderate trading on Mooday, with profit-taking in some oil issue* and worries about interest rates. The interest rate concerns were generated by a report top Administration advisers agreed that new moves, including higher interest rates, were
      1,237 words
    • EUROPEAN MARKETS
      • Article
        Zurich
        184 8 APR 09 Francs Actions Smuts 301 1 Alusuisse Br UTS Alusuisse Reg 585 unch Brown Boverl Br 1875 5 Cfba Geigy Br 1275 -5 Clba Gelgy P C BBS unch Clba Geigy Rrg 711 4-1 Credit Suisse Br aosxri Credit Suisse Reg 432xri Elektrowatt Br 2060 X George Fischer
        184 words
      • Article
        Frankfurt
        222 8 APR 08 Dm Aef-Telefunken 64 80 0 3 Akin 28 00 unch AUz Leben moo 3 Allx Vers 460.00 -2 BASF 137.00 -04 Bay H T Wbank ***** -as Bay Vbank ***** -4.3 Bayer 130 BOB BBC 280 SO -0.5 BMW 22S70B -IJ Cauella 7)7006 Chem Verw ***** -2
        222 words
      • Article
        Paris
        279 8 APR 00 Frs CORBE1LLE Air-Liquid* 309 0 B S N GervmU DanoM 530 unch C S F (ThorntonC*f) 300 -6 CM Francaiie dea Pttrolei 162 1 Compacnif Financier* Competent* Generate 404 4.5 Credit Foncler De France 420 -1 H ache tie (Ubrairle) 254 >4 Machine* Bull 62 -09 Mlchelln
        279 words
      • Article
        Amsterdam
        207 8 APR 00 PU ABN Ahold 120 SO 0 5 2990 -01 AMEV 96 50 0.7 74 90 -03 82 50 3 87 50 08 Bois 71.80 04 Borsumij 169 90 3 Burhmann 71 00 -0.3 Byenkorf 89 20 -07 Calve Drift 183 80 1.4 Dell Mi] 124 30 0J
        207 words
      • Article
        Brussels
        95 8 APR 00 Frs FORWARD MARKET Acec 434 unch Arbed 2480 unch Astur 060 8 Brtsctn susp Br u-Lamb 1770 >10 Canptc 776 i? rnrk 495 -2 IWrt 216 4-2 Ebes 2425 •10 Electro bel 6820 -20 Ob-In no-Bm 2640 unch Gev 1364 -16 Hobok 3325 -56 Petro 4100 ♦s
        95 words
    • Article
      Lock icon Battle for Hudson's Bay seems over
      691 8 Reuter A FIERCE battle for control of Canada's venerable Hudson's Bay Company appeared over when one of the two major bidders, George Weston Limited, recommended the firm's shareholders to accept a rival bid by the Thomson Business Empire. This followed a similar recommendation by
      Reuter  -  691 words
    • Article
      Lock icon Bayer business improves
      198 8 Reuter BAYER group 1978 pre-tax income 1.24 billion marks (1.10 billion). Group sales (or fourth quarter 1978 5.57 billion marks (5.19 billion) and for year, 22.84 billion marks (21.39 billion). Parent company 1978 pretax income 776 million marks (750 million), sales 9.97 billion marks (9.93 billion). Dividend
      Reuter  -  198 words
    • Article
      Lock icon Floating rate notes
      137 8 Reuter DEMAND for Continental Illinois Corporation's innovative U9lOO million of floating rate notes convertible into debentures has been 'very encouraging' and the issue amount may be raised, one of the issue's managers said. Blyth East ma nn Dillon and company's senior vice president Paul Kelly described the
      Reuter  -  137 words
    • Article
      Lock icon Canadian firm in bid to take over Woolworth
      559 8 Washington Star Reuter A HUGE Canadian investment company has offered, more than US$l.l billion in cash for all outstanding stock of F.W. Woolworth, operator of the largest chain of variety stores in the United States. The Toronto-based company, Brascan Ltd, announced the
      Washington Star; Reuter  -  559 words
    • Article
      Lock icon HK$5m payout by Fu Chip
      243 8 Reuter THE FORMER shareholders of Tsuen Wan Shing On Estate Co. Ltd., of Hongkong, won a ruling from the Privy Council in London that they are owed HK55,392,800 as a result of the takeover of the company by Fu Chip Investment Co. Ltd. Lord Scarman
      Reuter  -  243 words
  • Page 8 Advertisements
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      Page 8 Advertisements Column 1
      225 8 4 Confidence LEADERSHIP > w OALE CARNEGIE 10 wtyi Ike Date Caraegfe Cmtm helps aei (U vmm: -•JfcMt Mid spait m your fw< Caatral fwf Mtf wmri 9* a Mir cMmmtMMlttt P«niep your Mtaa aMWw Wm I Mh Kk,Mfl iM«M T)f DALE CARNEGf COURSE promote* end develops these qualities in
      225 words
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      Page 8 Advertisements Column 2
      187 8 mum n m s UNITED OVERSEAS LAND LIMITED I«IC0«MM'IDIN ?M| Btßuti'C 0» V«no*»o*t I ANNOUNCEMENT i To: All Ordinary Stockholders Dear Sir/Madam Subject: Issue of 13.5 million Ordinary Shares (to be converted into Ordinary Stock upon issue) to Orient Leasing Company Limited ("OLC") of Japan Further to the announcement made
      187 words
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  • BANKING AND FINANCE
    • Article
      Bahrain zooming up the offshore ladder
      791 9 BAHRAIN'S offshore market has reached US$22 billion (5548.4 billion) as at the end of September last year. This is only US$2 billion less than Singapore for the same period. According to the latest Bank for International Settle men t estimates published early this year,
      791 words
    • MONEY AND EXCHANGE$
      • Article
        Singapore market
        472 9 THE FOREIGN exchange market yesterday saw the US dollar traded down against most of the major currencies as dealers took stock before the long weekend and went into profittaking operations. The dollar was actively traded against the deutschemark in particular as dealers responded to strong Bundesbank intervention on
        472 words
      • Article
        London
        248 9 STERLING yesterday remained basically firm here at an opening of U552.1036 41, although below its highest levels for 3'/j years seen in New York on Monday night where the closing was $2.1060/70, dealers said. Sterling's effective index, at 68.0, was its highest level for three years. The index closed
        248 words
      • Article
        Asian $ rates
        180 9 Asian rates ASIAN currency deposit Interbank rates as at close on April 10; U8 DoU*r»(8poi) Offer Bid 7 days 10 y< 10* 1 month 10* ioh 2 months 10M 10 3 months 10H 10 v, S months 10*. 10H 9 months 10 15/*****3/10 12 months 10M 10to SwJt*. Dm. muiiu
        180 words
      • Article
        Discount
        10 9 #g|W [WflrfyyB HTJJ BTl77T!77p?¥#7»^KTTw Source: National Discount Co Ltd
        10 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
        Australia/NZ
        67 9 QUOTES on the Australia and New Zealand exchanges on April 10: AUSTRALIA: US dollar 1.*****.1099 Sterling 0 5310 0 5249 Ninety-day airmail buying rate*: Sterling 0.5804 US dollar 0.53S9 Ninety-day forward buying rates: Sterling 1.1534 US dollar 1.128 NEW ZEALAND: Reserve Bank midrate USJ10S56 Trading Bank indication! Sterling O.SOS
        67 words
      • Article
        Frankfurt
        17 9 STERLING yesterday firmed to 4.003/13 marks in active early trading from 3.978/88 late Monday, dealers said.
        17 words
      • Article
        Hongkong
        192 9 THE HONGKONG dollar yesterday steadied at the day's early low levels in fairly active, late trading, dealers said. It was quoted at 5.0650/70 against the US unit (fywn from a late quote here on Monday of around 5.0650/10 and yesterday's opening 5.0750/850. The local dollar closed at 5.0725/35 in
        192 words
      • Article
        Tokyo
        123 9 THE DOLLAR for overnight delivery yesterday closed weaker at 213.70 yen compared with a 213.90 opening and 214.40 at Monday's close. The US currency recovered moderately in light late trading from an early weakness, as foreign banks, which were intial dollar sellers, later bought back dollars and Japanese traders
        123 words
      • Article
        Gold
        303 9 SINGAPORE gold futures yesterday closed marginally lower after fluctuating narrowly throughout in thin trading, dealers said. Turnover fell to 133 lots from 158 lots on Monday with interest again centred on June, August and October contracts. June closed at U*****.10/ 30 an ounce against $245.20 asked overnight, August at
        303 words
    • Article
      Investors may not find return from gold glittering
      231 9 INVESTMENT in gold does not guarantee a good return. Dr Gan TJoen Hok, assistant manager of the UOB's international division, made this point when be spoke at a seminar held for the group's bank officers. The seminar was to inform the participants
      231 words
    • Article
      Lock icon US prime rates steady, say analysts
      169 9 Reuter BROKER loan rate cuts to 19-1/2 per cent by Morgan Guaranty Trust Co and the Bank of New York do not indicate prime rates will fall, analysts said. Most primes are at 11-3/4 per cent. The cut apparently reflects easier money market conditions
      Reuter  -  169 words
    • Article
      Lock icon Spanish firm gets loan
      68 9 Reuter EMPRESA NacionaJ Hidroelectria del Ribagorzana S.A. (ENHER) has signed a contract in Tokyo for a 13 billion yen syndicated loan from a consortium of 17 firms, Sumitomo Trust and Banking Co Ltd of Japan said as lead manager. The loan, carrying fixed interest of 7.8
      Reuter  -  68 words
    • Article
      Latest wave of optimism in US credit market
      680 9 THE BELIEF that interest rates have peaked was dominant in the US credit markets last week as large institutional investors demonstrated increasing willingness to commit funds to fixed income secrities. Although prices sagged somewhat towards the eod of the week, the short-term
      680 words
    • Article
      Lock icon US$200m loan for HK Mass Transit
      106 9 Reuter THE MASS Transit Railway Corp has signed a US$9OO million 10-year syndicated loan, Manufacturers Hanover Ltd said as lead manager. The loan carries interest at 3/4 per cent above London Interbank Offered Rates (LIBOR) for the first seven years and at 7/8 per
      Reuter  -  106 words
    • Article
      Lock icon Effect of inflation on EMS
      95 9 Reuter CENTRAL bankers holding their regular monthly meeting at the Bank far International Settlements in Basle discussed the effect of (fivergent inflation rates on the European Monetary System (EMS), senior banking sources said. The bankers looked at the resulting pressures which could build up in
      Reuter  -  95 words
    • Article
      Lock icon MONEY POWER OF THE BANKERS TO ALL NATIONS
      941 9  -  By CARL HARTMAN AP THIS PLANET has a long way to go before it gets a world government, but there is already one organisation that can give orders to sovereign countries with a good chance they will be obeyed: the International Monetary
      AP  -  941 words
  • Page 9 Advertisements
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      Page 9 Advertisements Column 1
      123 9 <£ Queen Elizabeth Towers" Luxury Apartments GUARANTEED NET CASH INCOME 6% ON YOUR INVESTMENT FOR 5 YEARS Prices from $40,000 120,000 Canadian Funds. Great opportunity to buy a trouble-free investment. For 5 years you will have nothing more to pay. We will rent your apartment, pay you 6% on your
      123 words
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  • DEALS DONE ON THE SES AND KLSE
    • Article
      In Singapore
      1669 10 fltD and offer prices officially lAted and business In and reported to the Stock Exchange of Singapore yesterday with the npmber of shares traded shown IB brackets in lots of 1,000 units unless otherwise specified. All Time Settlement Contaacts are quoted after the word Big Board deals (In
      1,669 words
    • Article
      Government bonds
      111 10 4 1/2* 1/8/80 (250,000) (99.428 99.506) 4 au4% 16/9/ SO (250.000) (***** 99.706) 6 1/4% 1/3/81 (250.000) (100 JOB 100.286) 15/4/91 (250.000) (***** 99 708) 5* T F 1/6/83 (250.000) (100 108 100 JOB) 6 3/4% T F 16/8/81-84 (250.000) (101 706) A% 13/11/84 (250.000) (100 008 100.058)
      111 words
    • Article
      Stock options
      88 10 Striking prices of the options officially listed on the Stock Exchange of Singapore yesterday, the period, bids and offered prices and business done, if any. with the number of options traded shown in brackets. C C (June $2.60) (0.708 OAS). Haw Par (June 11.40) (0.3Z8 0.395). Haw P
      88 words
  • Article
    SHARE INFORMATION SERVICE
    2633 10 im Hick Low Coa»My Last Sal* Gr* a Dhr +or- Gr*s Net Di» YTd P/E C*TT V* 1 COOO) Hi« Day |k Low SECTION ONE INDUSTRIALS 253 207 Aetna 190* 123* Alcorn 142 110 Allied Choc 180 ISO B A T 285 286 BaU 74* 80 Ben
    2,633 words
  • Article
    In Kuala Lumpur
    1722 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. INDUmiAU Aemm (1308) AjMMte (1365) Altmm (1.905) (2) 1.90 Ales Mi (I.KS)
    1,722 words
  • Article, Illustration
    Market closes on slightly easier note
    579 10 SHARE PRICES teak a darteg the drat hear af tradlag si the Stock Exehaage af Shg«>wt y eater day, with mest After ike riurp rise m Mmtoy, the miMM •a* preflt-tahers mM Altheagh BMt stocks clmi «a M, the market sarpristegly shewed wß— at
    579 words
  • Article
    Profit-taking trims prices
    353 10 PROFIT-TAKING forced prices to retreat across a fairly broad front on the Kuala Lumpur stock market yesterday. Losses, however, were marginal and the softer tone of the market was accompanied by reduced turnover as potential buyers backed to the sidelines. The New Straits Times industrial index, reflecting
    353 words
  • Article
    COMPANY BRIEF
    156 10 BANDAR EAYA DEVELOPMENTS has announced that it has agreed to purchase 14.28 million shares representing 52.4 per cent of the issued capital of Permas Jaya Sdn which owns 560 hectares of land in Johore. Consideration for the acquisition is the issue of 10.2 million new Bandar shares at
    156 words
  • Article
    Unit trusts
    148 10 MNGAPMtB UNIT ROT (Mil it in' prteoe tar Apr 11) The Conuwrcf LM 2J0 The Saving Fund IJZ l«hd S pore Pn« Pond O.M LM ypore See. Fund LB ID S par* Invest Fund 1.30 1JI S pore Equity Fund 1.00 LM INCOME BOf (Carreat p Income Bond
    148 words
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  • COMPANY NEWS
    • Article, Illustration
      Apollo embarks on expansion programme
      1018 11  -  By MANO SABNANI APOLLO ENTERPRISES' proposed rights issue of ooe-for-one at $1 par marks the beginning of an aggressive external expansion programme. The company's announcement over the weekend said the rights issue, which would raise about $16 million, was desirable for continued expansion. It added
      1,018 words
    • Article
      Esso (M) profit jumps four-fold
      534 11 ESSO Malaysia, freed of the heavy burden of a fixed price oil contract with a major customer, happily turned in a near four-fold jump in after-tax profit to MJ23.1 million for the year ended Dec 31, 1978 from just 16 million previously. Esso has repeatedly
      534 words
    • Article
      DIVIDENDS ANNOUNCED
      615 11 Current Payment Ex Date Books Close Date Total for Total for Payable the year Previous year Hume M K Sidim A Hitam Tin Benta Conaplant KL Kepong Kempaa Lii(«i Mai Tin MBS Prima Sthn Mai Tin Taiping Cona UAC Hume FE Goodwood H Maia Ming Court Sealion M
      615 words
    • Article
      SCRIP ISSUE
      169 11 Company Particulars Ex Date Books Close Keek Seng Bonus Issue of 1 for 5 Apr 4 Apr 17 Dualop Est Bonus issue of 1 for 5 Apr 8 Apr 30 P. Products Bonus issue of 1 for 4 Apr 16 Apr 26 Toshiba Rights Issue of 3 for
      169 words
    • Article
      Properties behind City's pre-tax profit upturn
      412 11 CITY Deveiepmeats made a substantial turnaraaad to shew a pre-tax profit for the year ended Oct SI, 1978 hat iacarred a Ims at the attrlbatahle level dae ta expenses arising from the disceatlnaaace if mnuufncturing activities by subsidiary companies. Pre-tax prafit far the period
      412 words
    • Article
      COMPANY BRIEFS
      227 11 INDUSTRIAL AND COMMERCIAL BANE: Group consolidated net profit of $4.19 million ($3.89 million) for the year ended Dec 31,1978. The bank's profit after provision for taxation, dimunition in assets and deducting minority interests was $3.24 million ($2.59 million). Subsidiary Industrial and Commercial Finance Ltd turned in a net
      227 words
    • Article, Illustration
      Lock icon Unearthing the score at Singapore Land
      436 11 Ui by HOCK LOCK SIEW SINGAPORE LAND la aa tavntmcat heMteg eampaay. This is to say that mm caaaet expect (he cwnpuy to geaerate hefty devetopmeat praflto u its earreat strategy ia aat to aell aay af ito devetoped praperttoa. 8a the eampaay derived
      by HOCK LOCK SIEW  -  436 words
  • Page 11 Advertisements
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      Page 11 Advertisements Column 1
      264 11 u SOUTH EAST ASIAN BANKING AND FINANCE CONFERENCE 19TH AND 20TH APRIL 1979 Sponsored by Financial Times and Business Times The Conference will cover major political, economic and commercial questions of interest to the regional and worldwide business communities. The Hon. Mr. S. Rajaratnam, Minister for Foreign Affairs, Singapore will
      264 words
Page thumbnail Page 12
  • Article
    Lock icon Billion dollar Japanese exports make history
    353 12 Reuter AFP FDR THE first time in its Mstory, Japan exported tflnr US$lOO billion (about ***** billion) worth of goods in a single year, it was announced in Tokyo yesterday. Vith no fanfare, the Ministry of International Trade and Industry issued a statement reporting
    Reuter; AFP  -  353 words
  • Article
    Fiet urges full employment strategy by all
    518 12 THE 42ND International Federation of Commercial, Clerical and Technical Services (Fiet) world executive committee meeting, which concluded in Singapore yesterday, has drawn up strategies to offset the negative employment aspect of modern technology brought about by the rapid introduction of micro-processing technology, particularly
    518 words
  • Article
    Lock icon US mandatory curbs the ultimate price
    560 12 UPI PRESIDENT Carter may be forced to impose mandatory controls or severe monetary measures that could bring on a recession if the Government's voluntary wage and price guidelines fail to slow inflation. Chairman of the President's Council on Wage and Price Stability, Mr Alfred
    UPI  -  560 words
  • Article
    Lock icon On the right road
    176 12 AP US FEDERAL mediators said the Teamsters union ahd the trucking industry have made progress in contract talks that recessed early yesterday, but have "a long way to go" before agreeing on terms to end a 10-day trucking shutdown that has hit the car industry hard.
    AP  -  176 words
  • Article
    LONDON STOCKS
    788 12 LONDON, Tues. Shares closed generally firm on light buying, buoyed by the continuing strength of sterling, dealers said. At 3 p.m. the Financial Times index was up 3.7 points at 535.1. Government stocks were up omt point higher in long-dated loans, after heavy buying following the central government
    788 words
  • Article
    Lock icon PanAm staff win 30pc pay rise
    103 12 AP FLIGHT attendants at Pan American World Airways have won an almost 30 per cent pay increase in a tentative contract agreement. Mary Ellen King, president of the Independent Union of Flight Attendants, said the company has also agreed to two retroactive pay increases
    AP  -  103 words
  • Article
    Bigger cut of savings cake for banks
    281 12 IN THE 12 months ending last February, savings deposits of non-bank customers with commercial banks grew faster than fixed deposits and demand deposits. While savings deposits registered an annual increase of 22.3 per Cent to $1-2 billion, fixed deposits rose a mere 12.4
    281 words
  • Article, Illustration
    Lock icon LAUREL AND HARDY JIBE
    174 12 BRITISH Prime Minister James Callaghan stepped up his election campaign la Glasgow, Scotland on Monday night with an attack on the Job policy of the Opposition Conservative Party. Conservative leader Margaret Thatcher's economic plans would turn many areas of Britain into "deserts of unemployment," Mr Callaghan
    AP photo  -  174 words
  • Article
    Lock icon Billion-dollar trade jump for Taiwan
    222 12 AP TAIWAN'S trade in the first quarter of this year increased by US$l.B6 billion, or 40.8 per cent, from one year earlier to $6.43 billion (Ssl4 billion) yielding a surplus of $239.6 million, the government said yesterday. Government statistics showed that exports in the period
    AP  -  222 words
  • Article
    GROUP AIRS ITS VIEWS ON KANGAROO FARES
    110 12 BRITAIN'S Air Transport Users Committee has welcomed recent, low-cost fares introduced on the Australia-UK route by British Airways (BA) and Qantas but says the monopoly in this traffic by these two airlines is unjustified and that other operators should be allowed to compete.
    110 words
  • Page 12 Advertisements
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      Page 12 Advertisements Column 1
      4 12 Leader Pap < Leader...Page f
      4 words
    • Advertisement
      Page 12 Advertisements Column 2
      87 12 ■ft. UIS& Just pick up the phone and Emery picks up (he responsibility. o I \»V« I |V» When you're busy meeting deadlines, controlling inventory, hounding suppliers, maintaining client service and developing new markets, it's reassuring to know that there is an air freight company which treats your business as
      87 words
  • Page 12 Miscellaneous
    • Miscellaneous
      Page 12 Miscellaneous Column 1
      61 12 Outlook for Singapore from 6 a.m. to noon today: Cloudy with occassional showers Report f< le airp*rt fw 24 pri«r to 7J9 pan. n April li at Maximum temperature 30.6 Associated humidity 76 Minimum temperature .....24 6 Associated humidity 99 Hours of sunshine 4.15 Rainfall in millimetres 52 Total rainfall
      61 words
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  • SHIPPING TIMES
    • PORTSIDES
      • Article
        Lock icon APL office in Hongkong
        53 13 AFP AMERICAN President Lines (APL) has moved its North Asia headquarters from Tokyo to Hongkong. This has been done to consolidate and centrause marketing, traffic, finance and operations functions, a company spokesman said. The headquarters directs all company activity in Japan, South Korea, Taiwan, the Philippines
        AFP  -  53 words
      • Article
        Lock icon New service
        83 13 AFP THE Nigerian National Shipping Line Ltd and its Hongkong agent, Swire Shipping have inaugurated a direct service between Hongkong and West Africa. It is a regular monthly service with 28 days transit time between Hongkong and Lagos, the first port of call. The line's new semi-container ship,
        AFP  -  83 words
      • Article
        Lock icon Copper shipment ceased
        82 13 AFP BRITISH shipping lines regularly covering the East Africa-Europe trade have jointly ceased to handle Zambian copper, Lloyd's List reported on Monday. This was a protest against low freight rates for the metal, it said. Rates have stayed the same for three years although ship operating costs
        AFP  -  82 words
    • Article
      Chile hot on S'pore base for trade
      822 13  -  LATIN AMERICAN LINK By RAHIM KASSIM SINGAPORE is to be developed as a transhipment base (or the Chilean national line, Compania Chilena De Navegacion Interoceanica (Chilena), in its shipping thrust into the South-east Asian region. The line which has been operating in the
      822 words
    • Article
      US maritime policies criticised
      399 13 THE US government was severely criticised for its failure to Interpret US maritime polices in a coordinated, single-voiced fashion by the president of Sea-Land Service, Mr Henry Gilbertson. Mr Gilbertson, who is also the chief operating officer of the major US container operator, said this failure
      399 words
    • Article
      Shipping industry talks
      164 13 A VISITING consultant to the Singapore Polytechnic's department of nautical studies, Dr David Moreby, gave the first of a series of four public lectures on the shipping industry last night at the main lecture theatre I at the Dover Road campus. Dr Moreby, head of the School
      164 words
    • Article
      SHIPPING LIST where your ships are due ... and when
      3093 17 SHIPPING LIST where your ships are due and when SCHEDBLE 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 of arrival and departure from the Port of-Singapore.
      3,093 words
    • Article
      INDEX
      509 17 ShlpplagUae P»«e Cai ACS n 5 Afea IV 3 Alfred V 3 Alpac IV 5 Angkutan IV 4 ANL i 1 APL in 2 Arya Nat n 5 ASCL m 5 Asia Merchant IV 3 AustCont IV 5 Bank n 5 Batam n 2 BBS n 2 Ben Asia
      509 words
    • Article
      Container Schedules
      917 18 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO AT CONTAINER TERMINAL NB. (1) Each vessel's estimated time of arrival is advised by the Shipping Line/ Agent and is subject to change (2) All export FCL containers and LCL cargo must be delivered to the Authority's premises during the
      917 words
    • Article
      Who acts for whom
      843 18 The leading shipping lines operating from Singapore and the local agents who handle cargo bookings for them. Adriatic Container— Container Feeders. AFEA Line— Singapore Shipping. Ahli Shipping— Sharjah. Alfred C. Toepfer Line— Intermodal. Algerian National Line (CNAN)—Unipacific. Alpac Une—lntrasea. Anhsing Line— Strongwill. Angkutan Eastern Way. Angkutan
      843 words
    • Article, Illustration
      Lock icon The last of the good time liners
      889 18 Reuter TODAY nobody can afford to build a giant luxury liner like the Queen Elizabeth 11, better known as the QE2.lt's the last of a dying breed and there won't be another one like it again. The Queen Elizabeth 11, the world's largest
      Reuter  -  889 words
    • Article
      Lock icon London freight
      183 18 UPI EUROPEAN time-charter operation, made busy by the continued interest in transAtlantic round voyages and liner trips out, maintained its dominant position. Great Lakes and South American round voyages were arranged over the weekend as Contimare booked the 26, dwt Newhaven at U555,900 (5512,980) a day for a
      UPI  -  183 words
    • Article, Illustration
      SHIPS IN PORT
      379 18 EXPECTED ARRIVALS TODAY KEPPEL WHARVES Cang Shan (1400 subject free board) 29/30 Centaur (passenger) (0830) 42/43 Frotario (1600 after Nedlloyd Hongkong 3/4 Golden Horse (0600 after Aysen) 44 Golden Sea 707 (tanker) (100 subject gas free P/O) 15 Lexa Maersk (1400 subject free (2100) 35/36 Makeverett (2300)
      379 words
  • Page 13 Advertisements
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      Page 13 Advertisements Column 1
      315 13 Everett Lines tli—Mp Corpn. t/A Cum Cm n i »V««i <» M Am** >*••» Nwwwf •*«> J* OC«C Mar* ***** J MM MCSwf CO To IWfl h \RI)IM \M \H Orient Overseas Co*Uci*te>i Line rrr FUir CONTMNEMSED MEKCATOi IIE OMNTM CW 131 ISUSMDSm OHNTJtI msuaao mnweauLix OOALO Ntt Iff FULLY
      315 words
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      Page 13 Advertisements Column 2
      356 13 SEALORD UJ ANTAH H UASC 11 All vessels ***** DWT, 105 TON H.L. Derrick I 288 TEU Capacity, Long Length Capability. ■■ARABIAN GULF WEEKLY SERVICE 1 1 Vessel S pore Loading for >i I 15/4 Oammam (30/4) 17/4 Dammam (29/4), 20/4 Dammam (2/5). Doha (4/5), Kuwait (7/5), Shuatba (11/5), Dubai
      356 words
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      Page 13 Advertisements Column 3
      217 13 m NEPTUNE ORIENT UNES LTD FULLY CONTAINERISED SERVICES. FAR-EAST II'JIMK* c r*ut •i nm. c ton H MCIWON HR CONTAMER NKRCATO* 0 CHIF SS MOC( S ftrt r Raton f thmt Nm ITtei Wtof i?£ >■* 3 Iky 41 21 to 22 to 11 Mi, 7 Ik, I lb) 10
      217 words
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      Page 13 Advertisements Column 4
      606 13 HONG, MONO ISLANDS LW FAR EAST MOOLE EAST AFRICA TAIWAN ft HONG KONG AUSTRALIA Sm Page IV Colimm 3 far Sattigi Agon's SINGAPORE SHIPPING fIGfNCItSPTE ITD WftMMTIM, 9U12? GfNIRAI 91J111 A V UHO ASIA 1 IM SRN BHD t *****N f I AM, 38f80i J PINING 6478' 2 MAERSK LINE
      606 words
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      Page 14 Advertisements Column 1
      754 14 nmcmmwmooocmJ FULLY CONTMOBCD TO EIMH EXPRESS CONVENTIONAL TO EUROPE S'pwe t <aM| Pea Mm Gaaaa VWf g>— Mm Mm h«H—i 11/4 70/4 73/4 19 S 78/5 76/5 73/5 21/5 IMiiliiii 30/4 1/5 4/5 74/5 6/6 4/6 1/C 30/5 FULLY CONTMOBCD TO GENOA/TRESTE S'pare P. Ma* Com Inert Mi Win wii
      754 words
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      Page 14 Advertisements Column 2
      413 14 h km IS tm 24 tmU ImU tall MM M 2 km 24 P Tc CANAOA/USA Padfc C«st J —T7l KT— —1 iß«Eaoi 31/5 12/ 2/$ 15/ l« Duftkt Sm Franca «T LOADER: "StMBANA" te 25-27 -mar c* belanan n»/4 store 1.3/5. •Mm 10*0* N Orleans Huston W-IMKOIZ From: CANADA/USA
      413 words
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      Page 14 Advertisements Column 3
      596 14 EVERGREEN LINE fAR AST EUROPE f XPRtSS FULL CON! AINf R SfRVICE ACCEPTMG CARGO FOR HAMBURG FEUXSTOVK. ROTTtROAM ANTVKRP LI HAVRE W.SO ACCtPTMG CARGO FOR (MTEOKMGOQM SOUTHAMPTON TONOON MANCHESTER. MRMMGHAM BRISTOL. LIVERPOOL. GLASGOW. LEEDS WEST GERMANY BKIKI&Uvfh HOLLAND AMSTEROAM In NU nV> 1) M>, 21 Hi, 14 IbT B H*f
      596 words
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      Page 14 Advertisements Column 4
      800 14 1 Everett Lines "BURMESE NATIONAL LINE" LOABMK KB MM IV It Apr i F.S S C Agents m AAMaysra TEF>S MALAYSIA t Kaiaog TM (381 7366 P«n<ng TM «2T*l/***** ■II *****1 i Iwtrraatlinn. A.C.I.F. 'ARGENTINE NATIONAL LINE" M Ki 'WS IE mu V*** "MEXICAN NATIONAL LINE" far unman i coim
      800 words
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      Page 14 Advertisements Column 5
      646 14 FmO.S.E~ OCEAN SHIPPING ENTERPRISES PTE LTD WM ?uM J IST fl OOW VAGINA HC)i!Sf NHF NT ON /VAY MlsTßl ROAD s '«,Af'()Kf 131 SANKYO LINE AUSTRALIA SERVICE TMWSTM„ ioosnc ace 12/14 Apr 15/17 Apr MB. SYD. MEL. AOEI 25/77 Apr 2*/29 Apr STD. 111. AOEL BANGLADESH SERVICE 10/15 May CHTTTAGONG,
      646 words
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      Page 15 Advertisements Column 1
      781 15 OCL Overseas Containers Limited ww 10 K/comsnr: S>M IM «N» «M| Lilbn 10IM* Its 4 M (t la) Mat 19M*y 21 M* 12 M 14km 15 km IT km Eaprtw 27 Nay 2lM*y 19km 21 ha 81m Ml* a*T 30 Iby 21 km 23 km Mkm (24 la) Htw>| Bffla
      781 words
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      Page 15 Advertisements Column 2
      942 15 GRANARD LINE RELMMI 4 OEPCNMMI NON-CONFEKMCE QPKSS SERMCE ■EST BOMM-FM EAST/MEHTBRAICAN J>r« rjMn| Nh| lao*g tar m. MM AM V-MW 17 Apr MM/P Wr P SaM/AieuMria tarat/lMassol/lattakia. P**aas/Tnpgk/Be«|Mii/ mv samos pmskss U5« 17% Apt 2? Apr MM/' Sari AtounPru Beirat/lanakia P*aa«/Tnp*/lanoiaß M». HAN MNG «JM 14 May 17 May WM/r
      942 words
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      Page 15 Advertisements Column 3
      510 15 BEN LINE CONTAINERS EVIEB CONTMO SmCI TO/FROM BHVC 3/5 <14/5) 29/4 1/6 3/6 4/6 4/6 <«/6) 2/6 a *«taaa 30/5 21/® 2*6 (25/6) 18/6 WM EMBPt KMC BHA*N CtMM HAVK SOTON Otrmtny/tastm Mi Franc* MUK PJWa*| S port ftr K«p Mm faM faM faU bM hhrl 12/4 WnM tafcaSa? Mri
      510 words
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      Page 15 Advertisements Column 4
      373 15 Scan Dutch V mii'i 'Ji'l.T'^'7i',//»"'fTW WTlMtl M/ 4 n/« 5/5 MB HUI IV* Hi a/5 KJM 3 vnr! EF K¥ l) Ctai ?> irt«i 3) 4> r«w s>iaH«>ir faM hfcri tC/4 I 1/5 IV* M/ 4 M/ 4 IV* 11/4 M/ 4 I 12/5 TQTUROPE t- Apr 14/1S «pr IC/17
      373 words
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      Page 15 Advertisements Column 5
      495 15 BOUSTEAD IC'enclS the bank line ltd LOADS FOR E. I S. AFRICA V Spar* tfcHtar p Ma* I!*«* Sfon nn/u+r LYKES LINE U.S. GULF COAST SERVICE (New Orleans, Mobie, Houston, Galveston) HORCLL LYKES (LOADS) 22/23 APR 3JW U.S. NEST COAST SERVICE (Honolulu, Portland, Seattle, Lonfbeach, San Francisco) ASHLEY LYKES (taa*/4sdi)„.
      495 words
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  • Page 16 Advertisements
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      Page 16 Advertisements Column 1
      779 16 K LINE KAWASAKI KISEN KAISHA. LTD. C MU ISW N nun 14W C RO2E 13W KOREAN JACEWON 2W EUROPE P Warn LHavrt R lUffl H tnrf Bremen Aatrp Apr ISApr f 30Apr 1 Mar 3 May 4 Iter 6 Iter 2?Apr 7Mm BMm 10 Mm 11 Mm 13 May Apr
      779 words
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      Page 16 Advertisements Column 2
      806 16 IJ.S.A./tAST CANADA SERVICE me KlAtt OMR ROM IMI f. KELJNfc T lopd* M KM TOM NBFOU LC./ttEAT LAKES SERVICE iomme rat mw ram. moreou. mlimk. pmlmeuwl mom 23/25% njntm 9/19 M* 11/13 My CAUFOtMA/PACfIC NORTH WEST SERVICE 10 MEGHMAYA "S O AMMM PRAOESK SM FMWCBCO. SEATTU. TACOMA. WWOOMO. IX. Panaag
      806 words
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      Page 16 Advertisements Column 3
      301 16 ir VAC»f 'LH RS .4 O < 1*« *11 J SINGAPORE SHIPPING AGENCIES PTE LTD .CM," (AVBuiO'li SSjAPQBfI StS GENERA. '4 A(S °S «'jS6S A H AHSMiP C -9. f CABGOS Sl\(,A[>()Rl /SLA WAS MIPDI t hAST RtdVLAR UStR A SAFE WAV TO SHK> BV SSA A» S pan P.
      301 words
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      Page 16 Advertisements Column 4
      537 16 r-*H .M4,i+YUA* mtTfmtATtOMAl JMmNE COfi+OKATtON KHMAD EXPRESS FULLY CONTAINERISED SERVICE TO/FROM MED/UK/CONTINENT/SCANDINAVIA EXPRESS CONVENTIONAL SERVICE TO UK/CONTINENT T|Hn S port PMaag Ptaaag laa*g Mr to Part 12/14 Apr Asm. 27/4. htm 4/5. Hbg («M*y lain) 7/5. Idoa •9/5 17/19 Apr 29/22 Am 23/25 Am Gaaoa 9/5. Cdrfl/lpaol 16/5. Broatfi 21/5.
      537 words
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      Page 16 Advertisements Column 5
      657 16 fNTRASEA (PTE) LTD f- House 2>lF 9 Telephone r3S*6 1 1 Kansai Line STRAITS/AUSTRALIA SERVICE (RACE ADELABE V.I2A. Smpport P Mane LnM* tar IS Apr 13 Dpi Sydney/MHtovrnt/ o*»pp" omika <ht) im-auni hobs nsmi 'MM- ALPAC LINE SOUTH AFRICA SERVICE CM HO VJS S pore P. Ketone Penang Lufcf tar
      657 words
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  • Page 17 Advertisements
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      Page 17 Advertisements Column 1
      213 17 ata EGYPTIAN INTERNATIONAL LINE (EIL) EGYPTIAN FLAG FAST AND DIRECT LMER SERVICE TO EGYPT (PORT SAID ALEXANDRIA) STOW PT KEI PENANG PT SUEZ PT SAB ALEX U Apt 17 It,. J nj g S*«HU *,17 Mi) 31 Sl 5 *»|«T MwCCimil CWGO WAX CONTACT SCKJWH SMGtfOK m 7*0711 f»W KTfT
      213 words
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      Page 17 Advertisements Column 2
      179 17 ar €*prm*4 ginma igtd WEST BOUND IQADMG FOR MUSCAT. DUBAI ABU-DHABI. BAHRAM. KUWAIT KWnKVMW *1 FMUU im (TBC) EASI-OOUO MSOMKME ONLY l*ra) MCOWTT V I* BMttONG till EXCEL MARITIME (S) PTE. LTD. team W Ilk fkm. lm Hut BuMnf 1(1 If* tVari u.. Mfe 4 W M FlMr. Lun Hut
      179 words
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      Page 17 Advertisements Column 3
      113 17 ALFRED C. TOEPFER LINE REGULAR SERVICE TO MEDITERRANEAN PORTS OF ITALY, SPA*, FRANCE TIBER SERVICE Mm*© mimes s>*» P KataMK (feduri* Nrfe 12 Apr 14 Apr laSpuia. MmMci IfITERmODBI TRHdiPORT 7 T FAR EAST WEST AFRICA SERVICES CONTAMER BULK SERVICE TO LAGOS/APAPA, PORT HAACOUKT. TEMA, MONROVIA AND COLOMBO SSEI UM|
      113 words
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      Page 17 Advertisements Column 4
      146 17 CENTRAL GULF SB EXCLUSIVE LASH SERVICE TO U.S. ATLANTIC GULF H/*ca nl* it tpr titty 3hi, tti, »/J7Ca UHtT It* 7JM Ik. It la m 1* Qmti. M 12/4. M 4» 1/5 r» lrt 1/5. 2M 14/5. M 27/ J. 4* 1/f ORIENT LLOYD ORIENT LLOYD (M) t^lD P K,
      146 words
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      Page 17 Advertisements Column 5
      83 17 NIGERIAN NATIONAL SHIPPING LINE NNSLFAR EAST/WEST AFRICA RIVER RIVER s .na.rw,r. 2XS2 1 KEREWA ETA: Apr 22/23 May 20 May 14 Jun Pt Harcourt 28 May 21 Jun Dou *la 31 May 23 Jun Tama 2 Jun 28 Jun Abidjan v 5 Jun 28 Jun trjws (acc^>ttn fl braakbulk/containafa) BOUSTEW
      83 words
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