The Business Times, 12 April 1979

Microfilm: NL10129
Total Pages: 18
1 18 The Business Times
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  • Title Section
    Masthead
    11 1 BUSINESS TIMES M.CJP) No. IM/1/79 THURSDAY, APBIL It, 1171 SO CENTS
    11 words
  • BRIEFLY...
    • Article
      Lock icon Peaceful means
      70 1 AFP TOKYO, Wed The return of Taiwan to China will be achieved through peaceful means, Chinese National People's Congress standing committee vice-chairman Deng Yingchao, said here today. The widow of the former Chinese Premier Zhou Enlai, in Japan since Sunday at the head of a 25member Chinese delegation,
      AFP  -  70 words
    • Article
      Lock icon Sterling higher
      36 1 AFP LONDON, Wed Sterling rose higher today after an initial decline due to profit-taking. It reached a figure just under last night's U552,102 It rose to Swfr 3.618 (3.6125) and to DM3.997 (3.994). AFP
      AFP  -  36 words
    • Article
      Lock icon Seven commissions
      81 1 AFP MANILA, Wed The Philippine Trade Ministry announced today the establishment of its seven commissions in major world capitals to open and expand markets for the country's exports. The regional commissions are set up in Brussels, Belgium, for the European Economic Community and the rest of Europe; Washington
      AFP  -  81 words
    • Article
      Ship detained in Sweden
      54 1 KANUKA Forest, a 16,000-tonne bulk carrier registered in Singapore, has been detained in Sweden by the International Transportworkers Federation (ITF). Earlier, the vessel was held up in Finland and was freed only after its owner, Kapal Management Pte. Ltd, a Keppel Shipyard subsidiary, paid US$B,OOO to
      54 words
    • Article
      Lock icon Golden catch
      78 1 Reuter JAKARTA, Wed. Customs officials at Jakarta's Halim International Airport have arrested a couple arriving from Singapore carrying ten kilogrammes of gold. The evening newspaper Sinar Harapan the couple, whose names are being withheld, carried nine kilogrammes of gold bars and one kilogramme of gold jewellery. The man
      Reuter  -  78 words
    • Article
      Lock icon Kampala falls
      44 1 Reuter NAIROBI, Wed. Tanzania n-led forces seized President Idi Amin's capital of Kampala today and Uganda Radio announced that his eight years of harsh military rule ended. The radio, monitored in London, said that Field Marshal Amin is "no longer in power"
      Reuter  -  44 words
    • Article
      Lock icon Show of confidence
      64 1 UPI CAIRO, Wed. President Anwar Sadat, buoyed by overwhelming Parliamentary ratification of his peace treaty with Israel, announced a nationwide referendum on April 19 to obtain the people's verdict on the pact. Mr Sadat sought the new vote of confidence, although it is unrequired constitutionally, to show
      UPI  -  64 words
  • Chief Price Changes
    • Article
      SINGAPORE
      131 1 Rises Couplut WrU 468 -(-28 D Keramat 1300 20 Bala Kawaa 254 14 K e m a y an G I Hid*. Malakon 239 14 225 13 280 12 SEAL 215 11 M Banking 885 10 Strnita Trading 000 10 8 T P 1975 825 10 Guinneaa 530 10
      131 words
    • Article, Illustration
      KUALA LUMPUR
      160 1 Rises Parit Pk 900 +60 S. Lumber 224 20 Petaling 810 +20 G. Ropel 279 17 Sg. Bagan 330 16 S. Kin La 696 +15 B4tu Kawan 254 14 M. U. Ind 252 13 Taaek 322 +12 K em pas 462 12 Toshiba 466 12 Inch KK 480
      160 words
  • Article
    Top team after NZ technology
    837 1  -  SISIR CHIEF AT VANGUARD By FONG MEW LENG ELEVEN top Singapore businessmen and manufacturers will leave Singapore for New Zealand at the end of this month on an intensive technology shopping trip. x Led by the chairman of the Singapore Institute of Standards and Industrial
    837 words
  • Article
    Arbuthnot unit in export financing
    164 1 THE EXPORT finance subsidiary <k Arbuthnot Latham Holdings, the London-baaed merchant banking group, has opened a branch in Singapore. Arbuthnot Exports Services Ltd (AES) specialises in providing short and medium-term financial packages to assist international trade and capital projects involving purchases of equipment from overseas.
    164 words
  • Article
    Telecoms, plans joint research with ITT
    504 1  -  Br GOH ENG KEE THE Telecommunication Authority of Singapore (Telecoms) is exploring the possibility of conducting joint field research here with the US multinational, International Telephone and Telegraph Corporation (ITT). A Telecoms executive is now visiting ITTs US offices while a senior Telecoms management
    504 words
  • Article
    THE FINAL BELL
    114 1 THE Tokyo Round of Multilateral Trade Negotiations (OTTO) aimed al lib-' eralising World trade "ded yesterday after five fears of negotiation disrupted by rising oil prices and the decline of the US dollar. Officials said the final agreement, although not containing all the elements eoce hoped for,
    114 words
  • Article
    Sime to detail progress of domicile transfer
    132 1 «MK Party t will tote af tte prmgtem to tela tl« (Napt pr*v af teride to teMfMiv?l2a Ujapr tol Stoat declaim to e»c hack itaaral ■aatetlaai before akare■Tta Taa'gtoir'skrt laaaral bmUii last Watwato (tot a special i Ulat wfU be keM ky dlaeaaa
    132 words
  • Article
    Why top GM executives were in Singapore
    481 1  -  By RONNIE LIM TOP GENERAL Motors executives, including six vice-presidents of the world's largest industrial corporation, were in Singapore a few days ago for their international management and planning meeting which covered, among other subjects, GM's interest in expanding business in Asia and
    481 words
  • Page 1 Advertisements
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  • TRADE AND INDUSTRY
    • Article
      Homemakers 79 match-makes firms, agents
      473 2 SCOPE FOR MORE SHOWS FOUR oversea exhibitors at the Homemakers Exhibition have appointed local agents to handle their products while negotiations are still going on between two other exhibitors and their prospective agents. Of the four, ALNO-Mobel-werke has secured William Jacks as its agent. ALNO
      473 words
    • Article, Illustration
      Training for the rail thing in Hongkong
      150 2 A DRIVER takes the controls of a train operator cab simulator one of the three supplied by a British company for the new Hongkong Mass Transit Railway to train its staff to deal with real emergencies and incidents quickly, safely and with minimum
      150 words
    • Article
      NEW SATS CARGO DATA SYSTEM
      177 2 SINGAPORE Airport Terminal Services (Sats)is implementing a $1.5 computerised cargo data and documentation system at its airfreight terminal at Paya Lebar. The system will be fully operational by April 1900. The system, purchased from Alitalia, will speed up processing of information, collection of cargo and
      177 words
    • Article
      3 members
      18 2 THE Gold Exchange of Singapore has three oversea associate members. Sharps Pixley may become the fourth.
      18 words
    • Article
      Measures to boost high technology
      371 2 THE SINGAPORE Government has been adopting various measures to faster the growth of high-technol-ogy industries since the beginning of the decade. According to "Singapore 1978," a Ministry of Culture publication, such measures include the ED&administered capital assistance scheme, and financial assistance in the form of
      371 words
    • Article
      Mobil Oil
      46 2 MOBIL Oil Singapore's new reformer unit in Jurong will be officially opened by Finance Minister Hon Sui Sen on April 27, not April 23, as reported in yesterday's Business Times. The company has not invested in a vis-break unit but is considering the idea.
      46 words
    • Article
      Taiyo a boon to electronics industry
      388 2 TAIYO YUDEN (S) Pte Ltd, a Japanese company incorporated last March, will be officially opened this- Saturday by Dr Koh Lip Lin, Member of Parliament (Nee Soon). Set up here to escape the impact of the rising yen, it manufactures electronic ceramic capacitors and
      388 words
    • Article
      AFTERCARE COURSE
      90 2 THE third basic training course for People's Association Youth Volunteer Aftercare Officers (VAOs) was opened yesterday by Dr Lau Teik Soon, MP for Serangoon Gardens and adviser to the Regional Youth Council (North) of PA youth movement. Certificates were presented to 84 registered (VAOs) who had successfully completed
      90 words
    • Article
      MEMO PAD
      447 2 COURSES AND TALKS 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 H, RELC, NPB April 10-26: Compensation and Fringe Benefits, Holiday Inn, Personnel and Organisation
      447 words
  • Page 2 Advertisements
    • Advertisement
      Page 2 Advertisements Column 1
      105 2 ?{!^'+_`]{\^}",>>..<''`|;&{-==| $4$ :> x L 4 Z r A 9 I i s <*><£ fl* v r SjC&k/ £< X* W< v I TE&#' A t :n I 5 sfe^l&c V *«wr #.v>* f V to* •'-*r 4..." >y VA* ${*■<&' n.t# TL*> V i s*> t ST > -V
      105 words
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  • REGIONAL
    • Article
      Lock icon Soviet trade expo in Jakarta
      171 3 AFP THE SOVIET Union will hold a massive industrial and trade exhibition in Jakarta for two weeks starting on Saturday, an Indonesian Trade Ministry official said yesterday. The exhibition, aimed at, boosting economic relations between Jakarta and Moscow K was finally approved by the Indonesian
      AFP  -  171 words
    • Article
      Lock icon CABLE LINK BETWEEN PENANG AND INDIA
      129 3 AFP A MEMORANDUM of understanding to proceed with the laying of the submarine telecommunications cable between Penang and India has been signed by telecommunications officials from Malaysia, Britain, India and Sri Lanka. Known as the Indian Ocean Commonwealth (IOCOM) cable system, the project will
      AFP  -  129 words
    • Article
      Power breakdown
      37 3 THE NEAR simultaneous failure of four main thermal power plants that supply electricity to West Bengal state yesterday caused an almost complete shutdown of industrial production. The cause of the breakdown was not immediately known
      37 words
    • Article
      Lock icon KOREAN AIR'S BIG BUY
      202 3 Reuter BOEING aaasaarcd aa Taeeday the aee> sad largest tsaimerrlal aircraft aale la Ita history aa ■pnwaart to aeU Ksreaa Air Liars wide hailed aircraft wsrth US$l J hilttsa (ahsat BJS.7 hilltoa). The agreeaaeat, exceeded la vaiae saly by a Ualted Alrttsea parehase frsai Baelag last
      Reuter  -  202 words
    • Article
      'Organised trade' hits new entrants
      448 3 A DISTINCT trend towards 'organised' trade is developing in the United States typified by Orderly Marketing Arrangements (OMAs) and Voluntary Restraint Agreements (VRAs) which, though aimed mainly at Japan, will hurt Asia's newly-industrialised countries aspiring to enter the lucrative US market. This is because Asian
      448 words
    • Article
      Lock icon March deficit for Australia
      236 3 Reuter AUSTRALIA'S balance of payments, as measured by net official monetary movements, recorded a AsllB million (SJ2BB million) deficit in March compared with a $217 million surplus in February, the Statistics Bureau reported This compared with a year-earlier surplus of $367 million. Overall balance comprised a
      Reuter  -  236 words
    • Article
      Lorry drivers agree to move
      231 3 LORRY drivers yesterday agreed to lift their blockade of main highways outside Sydney as 1,500 policemen prepared to move in and break the roadblocks. Hundreds of the drivers, who had on Tuesday rejected a settlement in the dispute, yesterday voted to remove trucks strangling the
      231 words
    • Article
      Lock icon Tokyo plans new jet
      148 3 Reuter JAPAN is considering development of a new Jet transport plane for civilian use, the Ministry of International Trade and Industry (MM) said yesterday. A Miti spokesman said the agency will shortly ask the Aircraft Industry Committee of the Machinery Industry Council, a government advisory group,
      Reuter  -  148 words
    • Article
      Open dealing by MNCs will aid Third World
      506 3 THE success of s United Nations conference later this year or early next year to negotiate rules to curb restrictive business practices of multinational corporations (MNCs) will benefit the Third World. The Malaysian view, expressed by the Deputy Trade and Industry Minister
      506 words
  • Page 3 Advertisements
    • Advertisement
      Page 3 Advertisements Column 1
      80 3 Every legend has abeginnii& \'l IJ''' [1.1 > it f 11J S? Ji i 11! I fji (''Ml ill•mi- !im■i F. i»t«I .up: in-' ,i. f, T.if v »*»<)»<: it .itul pen ft M •!< > '•»r I'i "mi f.- > ~u (.!.>• t!:h. ,1 ff r )r^ f„ f
      80 words
  • Page 3 Miscellaneous
    • Miscellaneous
      Page 3 Miscellaneous Column 1
      642 3 TWD-11-OIE CROSSWORD CRYPTIC PUZZLE ACROSS 4 Something to read, for example, and lend out (6) 7 Rare show animal, possibly (3-5) 8 A gift to give thanks for a fast time (6) 10 Bad ignition (5) 13 Extra general (4) 14 Bound to edit anew (4) 15 Skin of a
      642 words
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  • RAW MATERIALS
    • Article
      Lock icon KL palm oil output down in January
      296 4 Reuter PENINSULAR Malaysian crude palm oil production fell to 140,167 tonnes from a revised 162,134 tonnes in December 1978, but was higher when compared with 81,369 tonnes in January last year. Preliminary Statistics Department figures show that output for 1978 rose to 1.64
      Reuter  -  296 words
    • Article
      Lock icon MALAYSIA EXPORTS MORE RUBBER
      233 4 Reuter PENINSULAR Malaysian rubber exports rose to 157,378 tonnes in January from 139,709 in December and 155,676 in January 1978. The Statistics Department figures show that exports in 1978 totalled 1.54 million tonnes against IJS million in 1977. Exports breakdown for January showed EEC countries took
      Reuter  -  233 words
    • Article
      Porla licensing deadline extended
      263 4 THE PALM Oil Registration and Licensing Authority (Porla) has clarified that the deadline for application under the palm oil industry licensing regulations is April 15 and not April 1. Porla's director general Mr Toh Ah Bah pointed out that when the original deadline expired on March
      263 words
    • Article
      Lock icon India to leave copper price unchanged
      126 4 Reuter THE MINERALS and Mafia Trading Corporation, MMTC, has kept its sale price of Imported electrolytic copper wlrebnrs unchanged at 34,000 rupees a tonne for the April to June 1979 quarter. The MMTC raised the price steeply last month from 25,750 rupees and announced
      Reuter  -  126 words
    • Article
      Lock icon Power cuts in Selangor still a nuisance
      233 4 Reuter MALAYSIAN tin output has continuously been affected by power cuts in Selangor state over the past two weeks, but appears to be gradually returning to normal. Industry sources said load ■»««*H*»g was originally imposed by the National Electricity Board because at boiler
      Reuter  -  233 words
    • Article
      Lock icon Force majeure on coffee
      93 4 Reuter UGANDA baa declared force majeure on coffee deliver tea because of the earalatlng w r between that country and Tanzania. The chairman of the Ugandan Coffee Marketing Board aaid in a statement released in London that coffee movement between the Ugandan Kampala and the Kenyan
      Reuter  -  93 words
    • Article
      Lock icon Tin buffer stock price likely to rise by 10pc
      306 4 Reuter THE TIN buffer stock price range is expected to rise by around 10 per cent when an increase is eventually agreed by members of the International Tin Council, ITC, commodity traders Rayner-Harwill Ltd say in their latest review. Noting that
      Reuter  -  306 words
    • Article
      RUBBER
      277 4 OPENING prices la Stagapore yesterday were marked down slightly ae lower Loodon advice*, but the market later hardened on speculative and aome upcountry buying, coupW with reports of a tentative agreement to end the US teamsters strike. Some profit-taking emerged later to pare the gain slightly, dealers said. The
      277 words
    • Article
      RAS PRICES
      309 4 R-AJB. price* tn cen to par kUo yeatertlay. CJoa (P«rl dlo) Sailers (P»* Oo) Sailers Iat. 1 R-S.S, prompt fob SMI bit 1 USA May TO.00 IX. i R.S.S Joae TO.75 Iat. 2 RSS. TO JO UK/Coat mat lot. S R-S.S *7 JO UK/CM MJO Iat 4RX& aouo
      309 words
    • Article
      SSR and SMR
      77 4 NOOW88H adSMRpmix MV <Cwii«j Mtt) llwnri Mlk) MM S8RM HIILB (1 -ion pallat) U-taa»aU«> MOO auo MAM MU0N MUM rwrm ■mmh MOOON ML00N SMRCV 8MR&L &MR CP SMR» ll-U Nbll U-loa paht) llwpdW H im palbt) moo Ml 00 173.00 M4 00N MSOON £2oN Ml JO MOJO
      77 words
    • Article
      Palm oil
      47 4 CXF. North European ports. In US doUtn per ton LONDON: Malaysian 5«ffa bulk per ton Juno Sumatra ft* bulk April ine Miilr fiiili 074alr vtalr flKMr OMalr KUIr May June July Nigeria b% fta bulk rtf tomctntM: 67Salr unch unq flBOalr ffJOalr unq kite) ■*1
      47 words
    • Article
      Straits tin
      59 4 AFTER jfiieHag (he MTT,Mt terrier far ike Orel Hoe ttfle wear ea Tim ley, the Straits tie prim yesterday teak a sherp ML It trapped $44 te $I,MI a pteel, te etaai $2CI akava tke lateraetlsael Tie AgreeMarket eeattaMat £u m the Liaim exekaage aad slightly larger eappttee
      59 words
    • Article
      Closing prices
      28 4 Rubber: April 11 Singapore: May: 276.60 cents (unchanged) Malaysia: May: 279.00 cents (down 026 cent) Tin: $1,961 (down 644) Official offering: 210 tonnes (up two tonnea)
      28 words
    • Article
      Produce exchange
      299 4 IT WAS a fairly quiet physical market on the Singapore CM— Produce Exchange yesterday However, the coffee bean sector continued to be under sentiment This commodity took another rise of HO all round in Use with similar performances in the overseas markets. Dealers reported that while no fresh
      299 words
    • Article
      Soybean
      167 4 CHICAGO soyhenn futures cloned nenr the day' lows with losns of If to CM US cents a bushel on Tuesday. Traders said the smaDer-than-forecast export inspections was a negative influence. The lower CUT silver futures was also cited for the decline in soybean prices. They said the market came
      167 words
    • Article
      LONDON MARKETS
      577 4 OnHTWIW: BROKERS reported mind price trend* for oila and iiflnf lis in quiet early dwllnp yesterday. Laurie oils continued strong on restricted offers and short-covering interest but the edible oils section was generally easier in line with the closing Chicago soybean complex trends. Trade reports that India had
      577 words
    • Article
      Rice
      335 4 SINGAPORE: Yesterday's closing prices in S$ per kilo, ex-godown: THAI WHITE: 100 par cant Oral daaa (Kangaroo) warn crop 0.8, MO par cast aacaad daaa 08. MO per east third claaa Ml B par east saw crop sa alack, B-10 par cast am THAI BROKEN: A-aopar OC. Special O.SA
      335 words
    • Article
      Wheat
      199 4 WHEAT futures rebounded from earlier losses to close with gains of 3V« US cents to one cent a bushel in Chicago on Tuesday. Traders said disappointing export Inspections were responsible for early losses but good commercial buying and a pickup in export tenders finned prices late In the session
      199 words
    • Article
      Hongkong Comex
      123 4 THE SUGAR futures market ywtwrtiy remained quiet with no trade* registered, as on Tuesday, dealers said. May dosed at &2S/M US ccats agaiast Tuesday's 8.37/30 dose, July at 8.50/50 against BJ7/C0 and March 9.07/09 against 9.08/08 cents. May vnm aJT/a Mr ui/s tsim ScfM IM/M SJL/M Oct ut/n
      123 words
    • Article
      Textiles
      94 4 YARN and cotton prices were quoted as follows in Hongkong yesterday (MHK tißiw. m* S»''l") nfaTift'm usr. Msi (far bate tfMki). *<>rty 4j». nsr Tns; KT rS ftaaad ut(r*k). CLOTH hWMir*. ilM* «q; ja#aa (No MB) SMrUag. UN; GaMaa Peak (MDiui mm hk mm run m (Na, MS) TUT.
      94 words
  • Page 4 Advertisements
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  • OVERSEAS
    • Article
      Lock icon US consumers steal more than a March
      692 5 UPI Reuter THE US government reported that consumer spending rose one per cent last month, the largest increase in 1979 so far and a signal the economy is continuing to overheat. All the spending increase came in the durable goods sector, particularly car
      UPI; Reuter  -  692 words
    • Article
      Lock icon New Teamsters deal
      317 5 UPI THE TEAMSTERS Union reached a tentative agreement on Tuesday night on a new contract with the trucking industry to end a 10-day nation-wide strike that has laid off.thousands of motor workers. Chief Federal mediator Wayne Horvitz said a tentative agreement has been reached and the selective
      UPI  -  317 words
    • Article
      DAILY AIRCRAFT MOVEMENTS
      753 5 arrivals Service Local Operator Number Tine From MAS MH671 0945 PEN/KUL RBA BI421 1300 BWN CPA CX710 1006 HLP GIA GA980 1030 HLP MAS MH605 1045 KUL SIA SQ103 1045 KUL SlA SQ2U 1045 HLP GIA GA944 1065 PKU GIA GA906 1100 MES PAL PR501 1135 MNL
      753 words
    • Article
      Lock icon N-plants cannot cope with bad mishaps
      171 5 Reuter NUCLEAR experts who investigated the accident at the Three-Mile Island atom plant in the American state of Pennsylvania said on Tuesday the operators of 43 other reactors in the United States might not be able to cope with similar breakdowns. A public opinion
      Reuter  -  171 words
    • Article
      Lock icon Callaghan fast closing the opinion poll gap
      392 5 UPI THE LATEST opinion poll in Britain's general election campaign indicated that Prime Minister James Callaghan's Labour Party could be gaining ground on the opposition Conservatives. The survey carried in yesterday's Daily Express reported that the Conservative lead over Labour had dropped to
      UPI  -  392 words
    • WORLD IN BRIEF
      • Article
        Lock icon 11 SHAH'S MEN SHOT
        602 5 Agencies ELEVEN more senior officiate of the Shah's Administration were executed by firing squad before daybreak yesterday after secret trials by revolutionary courts, the national Voice of the Islamic Republic radio reported. The 11, including police officers, were shot after a trial which began on Tuesday
        Agencies  -  602 words
  • Page 5 Advertisements
    • Advertisement
      Page 5 Advertisements Column 1
      47 5 A legend made bv man »ill live through time. a hlt r vr M. s St. V h. Mr. h;, i h. 1 rs- i l ti; N i. rt.\ *j 'j >■- -V 5-; "J£* r*«r~.. ,s; SF\ X 4» 1 4'^ A ,VAI; ot our tinx
      47 words
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  • Article
    Nationwide effort to avert future shock
    468 6 THE LONG-AWAITED increase in electricity tariffs has finally come about. And the Public Utilities Board should be congratulated for a carefully planned campaign to help the consumer understand its problems and for having taken a realistic approach in its handling of a sensitive issue.
    468 words
  • Article
    Some home truths about exhibitions
    266 6 TO THE cynics who claim that exhibitions do not generate business, but are generally a great waste of money, the Homemakers' Exhibition might prove to be an embarrasing deviation. This has not been a particularly exciting exhibition in terms of the kinds of goods displayed.
    266 words
  • Article, Illustration
    Lock icon Woolly future Cor the British textile trade
    1177 6  -  By ROBERT HERSHEY NYT GREAT FOLDS of worsted cloth wind slowly through the tenterhooks, emerging in bolt-like heaps ready to be pored over by an army of menders searching for the slightest flaw. Here, in the green outskirts of the old industrial city,
    NYT  -  1,177 words
  • Page 6 Advertisements
    • Advertisement
      Page 6 Advertisements Column 1
      173 6 ft :u ?CV *V V* 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 Ox ley Rise, Singapore 9 Tel:
      173 words
    • Advertisement
      Page 6 Advertisements Column 2
      79 6 I Take a new look at die Harbour GrilL Treal yourself and your business associates to an excellent lunch selected from our superb offering of choice (JS prime beef, our daily Nouvelle Cuisine specialities or let our executive Chef, Lao Waldemeier help you pick a menu that will make it
      79 words
  • Page 6 Miscellaneous
    • Miscellaneous
      Page 6 Miscellaneous Column 1
      9 6 I FSCGOEDINCb T£> BRiSTXaJ -TV-M5 IS 6p«cx a -t»
      9 words
    • Miscellaneous
      Page 6 Miscellaneous Column 2
      588 6 Keeping afloat with Molly A NORMALLY blaad Wha C«iM Mtv* the pleagh kaw to paltry IX 1 JL'J. Palk NiMb glvci a red* tal «t Three Seaatas (Seartottf), Twe lmPMll to O Oat majw aai B Hal majer, Op. N (Sehabert), Bhapaedtos 3S SINGAPORE 5 3.00 PM Opening and Star
      588 words
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  • Article
    Lock icon ALL IS NOT FAIR IN WORLD TRADE TALKS
    1308 7 The Tokyo Round of trade talks has dragged on now for eight years, generating as it went more ill-feeling than tangible results. Today, if all goes well, 99 countries will initial a formal trade pact. The future will determine how beneficial it
    AP  -  1,308 words
  • Article
    Lock icon No Turkish delight without their coffee
    558 7  -  By DENNIS REDMONT AP THE GOVERNMENT minister pours it in a back room, the business executive buys it on the black market and ordinary Turks simply go without it and sip tea. Turkish coffee has disappeared for the past two months in the country
    AP  -  558 words
  • Article
    A tender rejoinder
    285 7 Letter to the Editor Dear 9r, Your Columnist Dzonni Yeiou's persistence with his contention that land costs cannot dictate the prices of new properties ("Tendering does not cauae those empty sites" Business Times 7.4.79) has prompted me to take up petHmce more. Before I do so, I
    285 words
  • Article, Illustration
    STRAWS IN THE WIND
    533 7 I HAVE long felt that the creative people who thtwk np corporate logos go out of their way to produce a pattern that is totally mysterious as far as the general public is concerned. It is, therefore, very heartening to have come across a Hitachi brochure
    533 words
  • Article
    Lock icon Laughing through the oil crisis
    739 7  -  [FORUM, VbwmhmmmmJ ...with Jeffrey Brown FT ODD CRACKS are starting to appear in the grim exterior presented to the world by the men who run Europe's chemical industry. Certainly the optimists can discern the beginnings of a grin at Bayer and BASF, while at Hoechst
    FT  -  739 words
  • Page 7 Advertisements
    • Advertisement
      Page 7 Advertisements Column 1
      99 7 HI V' mßSmtm I r« m 38 21 X Everything's here at the Mirabel le All the ingredients for an enchanted evening are here. Superb Continental cuisine and choicest vintage wines. In an elegant and romantic atmosphere complete with candlelight and strolling minstrels. And service that is impeccable and unobtrusive.
      99 words
    • Advertisement
      Page 7 Advertisements Column 2
      71 7 ORCHID INN 214 Dunearn Road, Singapore 11 Tel: *****2 HOTEL PHOENIX SINGAPORE Orchard/Somerset Roads, Singapore 9 Tel: *****6 PENINSULA HOTEL Coleman Street, Singapore 6 Tel: *****1 RAFFLES HOTEL 1-3 Beach Road, Singapore 7 Tel: *****1/***** SHANGRI-LA HOTEL 22 Orange Grove Road, Singapore 10 SINGAPURA FORUM HOTEL 586, Orchard Road, Singapore
      71 words
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  • INTERNATIONAL STOCKS
    • Article
      Lock icon Good recovery
      541 8 TOKYO Source: DBS-Daiwa STOCKS in general rebounded in reaction to the sharp decline during the past ten days. Institutional investors Inrliirting mutual funds purchased blue chips on temporary decline. The Nikkei Dow-Jones average yesterday rose Y 117.16 the:biggest rise this year. Turnover also Increased with an estimated 480
      Source: DBS-Daiwa  -  541 words
    • Article
      Sydney
      237 8 ■j mMM ■■n A. N. I. 172 .3 A. P. M 121 •J Ampoi Pel 70 B H. P. 1190 unch Bank NSW MO unch BoraJ 214 unci) Brambles 171 c. a. A. 240 C. 8. R. 370 4-1 Coal Allied 530 unch Dunlop 83 Ex. Ind. 310 Herald
      237 words
    • Article
      Bangkok
      190 8 APR 11 Bahts Asia Credit Asia Fibre Ayuthaya Int. And Trust 30* 223 ♦2 -2 Bangkok Investment Bangkok Bank W"" Bangkok Insurance Bangkok Metropolitan Ban Bangkok Nylon Bank Of Asia Bank Of Ayudhaya iw 386 834 190 •2 unch 234 234 unch unch Rata BerlJ Jucker Carpet InterNational Charoong
      190 words
    • Article
      Manila
      92 8 APR U Pesos Acoje Mining -0.0002 Atlas Con. A Atlas Con. B. 2575 025 Bagulo Ooid .0105 unch Benguet Con. I 1 »T5 <L5 BF Goodrich 23.00 +0.1 CDCP WW -Q2 Inco B Undoll Lepanto B. M -0.006 Martnduque B 7.90 -0.1 Meralco 21 00 -0.2 Oriental A Oriental
      92 words
    • Article
      Hongkong
      290 8 LITTLE CAN be said about the market's performance yesterday as turnover plunged and investors scrambled to buy US currency. Prices were suprtsingly steady as fears built up that the government would have to take drastic measures to support the HK dollar and analysts likewise predicted higher interest rate* in
      290 words
    • Article
      Selected Indices
      65 8 FINANCIAL TIMES INDUSTRIALS Tuesday 535.7 Monday 531.4 Week Ago 5253 DOW JONES AVERAGE INDUSTRIALS Tuesday 878.72 Monday 868 33 Week ago 855.25 LONDON DOLLAR PREMIUM Tuesday 81 y. to 51 v 4 Monday 52"* to53vt H.K.HANG SENG Wednesday 528X17 Tuesday 530.02 Week ago 519.44 SYDNEY INDUSTRIALS Wednesday 482.73
      65 words
    • Article
      NEW YORK
      838 8 APR 10 uag ACT Industries »'< -•t Addnaufrtph Alrro In* Alcui Alumin at'- s Allegheny Lud w Allied Chem Cp M'< s Allied Sum B-Allis-Chalmers M Alumhqo Aroer 56 H Am Airline* 13'. unch Am Brand* Inc sr. unch Aa Bruadral M'. A« can Am Cyanamld Am Dec
      838 words
    • Article
      TORONTO
      165 8 APR 10 C» AMUIM If. s Alcan «s s Alfoma a -s Bank Nova ScoUa as -s Bell T»l m s B«ih Corp BP Can Ltd Z MS -s Can Imp Bk a s Canpac as s Canpac In* Pf MS Carllnc OlCcctc SS unch Cominco as Com Bath
      165 words
    • Article
      JO'BURG
      306 8 APR 10 Rand INDUSTRIALS A Alpha too Abereom AE And CI m 436 ♦4 -M AkilC 1400 10 Barlows Hi -a Cf Sugar (JO 30 CM A Currte Finance Oe Beer* Ind Ed con 210 MO 5 unch 14S0B JOBS Edcars Ercrcmdy Fed Volk ***** 287B unch unch 215
      306 words
    • EUROPEAN MARKETS
      • Article
        Zurich
        171 8 Action* SulMH *1 unch Ahisulaee Br. *10 Alusuuae Bag. Wl 2 Brown Bonerl Br. M +5 Cltw Otigy Br. 1286 30 Ctb* CMgy P C 1000 5 Cite Oeitjr Km Credit Sumae Br TM BIO •a Credit Su Imc Ret oo -i Eleklrowau Br. no -3D Oeocfe PI setter
        171 words
      • Article
        Paris
        275 8 APR 10 Pr> CORBEILLK Alr-LlqukM B S N Qervau Danone C 8 r (ThomaonCaf) CM Prancalae det Petroie* CompafnM Fintnctcre 380 S» 392 1<S •13 -1 1 Conptfnlf Onwttlt Credit PoncMr rw 301 OB JO •4 0J HacteUe (Llbralrlc) Machines Bull Michel In (B) Pari bu Ml 6U0 1114
        275 words
      • Article
        Amsterdam
        187 8 APR 10 FU ♦A ABN m 4 12 A hold ***** Akao 20 JO -0J AMEV MOO -0.6 Amfu 115.70 Am rot Bank ***** 18J ***** -0 J Btrk BoU 70 JO -0J BorsumtJ 168.00 -1J Burhmtnn 70 JO -0.2 Byenkorf 80 40 401 Calve Delft 182-50 •u Dell
        187 words
      • Article
        Frankfurt
        201 8 APR 10 Dm Aef-Telefunken 6X30 -1.0 Akan 27.30B Alia Leten M 00 -13 Alls Vert 400 00 unch BASF ***** unch Bay H T Wbank MUO -3 Bay Vbank 774 00 •li Bayer 130 70 Mr rnjo .1 BMW •42 Caaaella 300 00 Chem Verw 306.00 -2 Com msfstNJi
        201 words
      • Article
        Brussels
        91 8 APR 10 Fr» FORWARD MARKET Am* 435 +1 Artwl 3456 -36 Aslur 542 .18 Brucan Bni-Lunb mo 10 Ctnpw m 4-2 Cock 496 De Been 217 41 Ebet 2420 -5 Electrobei am -30 Gb-lnno-Bm 2650 10 Oev 1363 .3 Hobo* 3900 -35 Petro 4180 -10 RyJ Dutch 3010 -6
        91 words
      • Article
        Milan
        105 8 APR 10 Lire Anlc 3ft. 75 15 Assoc Gen 40%00 400 Bastoffl MOJO &5 Central* 4455 -36 Flat 2730 -10 FliuMler 150 75 2.75 Oen Immob 00 J5 unch IFI Prl 2106 -14 Ilaicemenu ***** -10 I tains 756.50 -041 I talsider 355 MacneU M Pf 550 ♦4 Marvlll
        105 words
  • Page 8 Advertisements
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      Page 8 Advertisements Column 1
      206 8 Society for Worldwide Interbank Financial Telecommunication present S.W. I.FT network S.W. I. FT Worldwide Burroughs serving S.W.I. FT Stockholm Oslo Copenhagen V London Amsterdam Montreal Frankfurt Brussels Zurich New York Helsink i Vienna fa" Norway Sweden Switzerland Switching Centers Concentrators •Belgium •Austria France •Netherlands •Belgium •Germany Canada •Italy Denmark Luxemburg
      206 words
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  • MONEY AND EXCHANGES
    • Article
      Singapore market
      426 9 THE US dollar was heavily traded on foreign exchange markets yesterday as dealers speculated actively in the yen and deutschemark counters. The American currency especially fluctuated against the yen though overall it tended to firm over the day. Opening at 212.55/05 against the Japanese currency, the dollar was
      426 words
    • Article
      Asian $ rates
      176 9 Asian rates ASIAN currency deposit Interbank rates as at close on April 11: 7 days 1 month 2 months 3 montha 6 montha 0 months 12 months U8 DaSanPfrt) Offer M 107/16 105/1# lon/ieioo/ie M 13/1610 11/16 11 10'* 11'* 11 10'* 10*4 10'* 10*4 Sw-Pn. Dm (MfcMW Msaa) 1
      176 words
    • Article
      Discount
      38 9 1 1 J [Sti. Call dtp 3 mont Tremsu 3 mont Bank b (Vita CW.il B«yta b ry bills 4W t> ilia 7'<i «MHx 4H 7H 3 mon th CD 6* 6H Source: National Discount Co Ltd.
      38 words
    • Article
      Lock icon US banks resort to cut-throat lending habits
      626 9 NYT SEVERAL leading American banks are lending at less than what they say is their lowest interest rate, according to banking sources. Intense competition from foreign banks and increasingly sophisticated moneymarket operations by securities firms have led to what one New York banker
      NYT  -  626 words
    • Article
      United Chase buoyant
      287 9 UNITED Chase Merchant Bankers' 1978 after tax profit Jumped 68.5 per cent to $1.6 million from the previous year. The Increase In profit was due mainly to earnings from corporate finance advisory services, management and underwriting fees, investment gains and interest income from lending operations. According to
      287 words
    • Article
      Lock icon Strong deposit balances
      171 9 AFP JAPAN'S 13 largest commercial banks have reported brisk gains in their deposit balances but slow increase in lending in fiscal 1978 ended March 31. The balance of deposits at the at the of March totalled 78.03 billion yen. up 8.7 billion yen or 12.9 per cent
      AFP  -  171 words
    • Article
      Hongkong
      219 9 THE HONGKONG dollar yesterday was quoted at 5.1360/450 >plmt the US unit in late trading after recovering from early aftersoon lows oa suspected intervention by the authorities, dealers said. It feu to a 5.1530/70 low in early afternoon trading after opening around 5.0100/ SO and holding relatively steady until
      219 words
    • Article
      Treasury bill tender
      42 9 THE Monetary Authority of Singapore has invited hanks and discount bouses to tender (or a total of $20 million 91-day Treasury hills to be issued from April 16 to 20. Each tender must not be for less than (250,000.
      42 words
    • Article
      Tokyo
      117 9 THE US dollar for overnight delivery yesterday closed steadier at 313.# yen, compared with a aad 313.70 at Tuesday's doss. The US currency recovered substantially in fairly active late trading, after an initial weakness which reflected Its overnight fall In New York, dealers said. The dollar fefl briefly to
      117 words
    • Article
      Euro $ rates
      91 9 Euro rates LONDON Eurodollar deposit rates yesterday moved higher at the outset in fairly active trading, dealers said. The recent rise in rates was extended in the morning by up to 1/4 point on fresh bidding Interest still on fears that the Fed will soon act on money supply and
      91 words
    • Article
      London
      282 9 THE DOLLAR yesterday softened against major currencies after a firmer opening, as did sta ling against the US unit, with the most notable early movements in the deutscbemark and the dealers said. They said movements in sterling and the mark were similar to Tuesday's opening with opsrstofs selling dollars
      282 words
    • Article
      MLR
      21 9 THE iTertge rate at which Singapore banks are currently prepared to lend to their best customers ia 8 per cent.
      21 words
    • Article
      Australia/NZ
      64 9 QUOTES on the Australia and New Zealand exchanges on April 11: AUSTRALIA: US dollar LUSt/LUM Sterling 0 52*/0.530» Matty-day airmail bajriag rales Sterttac 0J531 US dollar I.ISX Nlaety-day lorsrard buying rataa: Sterttag 0.5377 US dollar 1.122) NEW ZEALAND: i n Baak midrate USC .OSS Trading Baak tndk-attoaa: Sterttag 0
      64 words
    • Article
      Gold futures close generally easier
      304 9 SINGAPORE gold futures yesterday closed generally easier in moderate trading reflecting lower overseas advices, dealers said. June closed easier at U*****.20/30 an ounce compared with $244.10/30 on Tuesday while August fell to $247.40/70 against $248.50/60 previously. October snd December lost OJO cents each. Trading was
      304 words
  • Page 9 Advertisements
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      Page 9 Advertisements Column 1
      112 9 »Y'H 40m iflnß fl >. •fA ■ra*' e v v v. iw •V •>-. -*r *fP2 T rX. V* v. ;V«-C *V. '-H; Mt' fi I asißß^iak tt"* mi <m. I fsss?-"" i*2 r.iJilj'tn;il l<.v.n( nf London's calling and you need to get there the fastest wsH Who cares? 1
      112 words
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  • Article
    DEALS DONE ON THE SES AND KLSE
    1739 10 In Singapore BID and offer prices officially luted and business in and repotted to the Stock Exchange of Singapore yesterday with the nionber of shares traded shown lnjbr&ckets in lots of 1.000 units uryess otherwise specified. £11 Time Settlement Controls are quoted after
    1,739 words
  • Article
    SHARE INFORMATION SERVICE
    2648 10 i a-ra Gr*a Gr-s Nat Last Div Div YTd P/B Vol Day 1 tOBptiy Sato +©r- Ctt (•OOO) i Law SECTION ONE INDUSTRIALS «3f 207 Acma 248 -5 12.0N 1.3 4.8 2X9 9 248 248 ISO* 123* Alcorn 180 100 22 5X 24.0 IB. no Allied Choc
    2,648 words
  • Article
    Government bonds
    109 10 4 1/2* 1/8/80 (290,000) (99.428 90.306) 4 S/4% 16/8/80 (290.000) (96.M8 90 70S) 5 1/4% 1/8/81 (290X100) (100 JOB *****8) 5% 18/4/81 (290,000) (***** 99.708) 8* T P 1/5/83 (290,000) (100.108 100 JOB) 6 8/4% T r 18/8/81-84 (290/100) (101.708) 6% 13/11/84 (250,000) (100.008 100.088) 7% 1/8/86 (250/100)
    109 words
  • Article
    Stock options
    91 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 bracketa. C* C (June 12.60) (0.708 OAS). Haw Par (June $1.40) (0.348 0.435). Haaw P
    91 words
  • Article
    In Kuala Lumpur
    1826 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. DfMJßntlAtß IJMimiOi (3.J08 3.305) Alm (1JB) (2) 1 K Alas Mi (1.2B)
    1,826 words
  • Article, Illustration
    Widespread buying lifts prices to higher levels
    491 10 EXCITED BULLS ruM aat again oa the Stack Exehaage sf Stogapere yesterday, dearly well revived after a breather. They pished prices higher una the board to a arm deee at the ead «f the day. Dealing to the aeeaad ■settee vaa active with
    491 words
  • Article
    Renewed buying interest pushes index higher
    545 10 PRICES bounced back strongly on renewed buying interest and closed on a firm note at the Kuala Lumpur stock market yesterday. Gains were widespread as buyers keenly chased a broad selection of stocks sharply higher. The New Straits Times industrial index, reflecting the general
    545 words
  • Article
    Unit trusts
    148 10 SING An The rinMi The Saviag 1 S'pore Prof S'pnSM. 1 S pare Invest S pare Equir MEUNirnVR i* prim tar Apr It) re IS 1« "W 1.JB 143xd F-und IM 1M •und LK LN Puod UB 1« rmd too i« ASA ManZnZmr M*l Prog Pn Mai Still
    148 words
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  • COMPANY NEWS
    • Article
      Another land buy for Bandar Raya
      685 11 By STEVEN TAN BANDAR RAYA has acquired a controlling stake in Permas Jaya which owns a 1,392-acre piece of housing land in Johore yet another landmark in its current programme of land acquisition to set it on the road to its cherished goal of
      685 words
    • Article, Illustration
      Growth slowdown at United Plantations
      393 11 AFTER the speetacaiar Junp La profits achieved la 1 177, United Plaatattoas' I*7B remits came aa a Uad sf maOeiimax, evea theagh this stowdewa was largely aattcpated fa the last chaiimaa'B review. Greap pre tax profit far the year mM last Dee SI was ealy
      393 words
    • Article
      DIVIDENDS ANNOUNCED
      671 11 Current Ex Booka Date Total for Total for Payment Date Close Payable the year Previous year Hume M 6% I Mar 14 Mar 28 Apr 13 8* 15% K Sidim 5*1 Mar 28 Apr 7 Apr 14 5* 20% A Httam Tin 150*1 Mar 22 Apr 3 Apr
      671 words
    • Article
      SCRIP ISSUE
      212 11 Company Particulars Ex Date Books Clone Keck St*| Dualop Eel P. Products Toshiba Ltd Plant Bovia SEA OUB OCBC HK Land Apollo Mai Floor Bonus Issue of 1 for 5 Bonus Issue of 1 for 5 Bonus Issue of 1 for 4 Rights Issue of 3 for 2
      212 words
    • Article
      COMPANY MEETINGS
      295 11 Prima Pltar Milk Ltd: AGM to be held at 201, Keppel Road, Singapore, at 3 p.m. today. Development Baak «f Mage per* Ltd: AGM to be held at DBS Building, Shenton Way, Singapore, at 11 a.m. today. Selanger Properties BM: AGM to be held at Tingkat Kedua, Blok
      295 words
    • Article, Illustration
      Genting's profit soars
      295 11 EARNINGS forged strongly •head at leisure-based group, Grating Highlands, in line with sparkling results of the past. Group pre-tax profit shot 61 per cent up to $44.28 million on gross revenue up 56 per cent to 181.18 million for the year ended Dec 31, 1978. The rosy
      295 words
    • Article
      Big improvement in Folex's earnings
      331 11 RIDING high on the buoyant demand conditions in the local and export textile markets, Folex Industries achieved a substantial improvement in interim profits which should clearly bear out the directors' optimistic forecast of higher earnings for the current year. For the first half-year ended Feb
      331 words
    • Article
      Bonus issue from M. Flour Mills
      352 11 KEEN competition In the flour market combined with higher raw materials cost resulted in a sharp fall in Malayan Flour Mills' earnings last year, prompting a lower dividend payment this time. However, shareholders have been compensated by a generous one-for-two bonus issue declared by
      352 words
    • Article
      HIGH/LOW PRICE MOVES QUERIED
      141 11  -  T. Lee Dear Btr, Everyone knows that Highlands and Lowlands has accumulated a tremendous amount of reserves and this factor has accounted for the great run-ups in H A .L's prices whenever the interim or final reports are about to come out. These have gone on
      141 words
    • Article
      A fair deal for the faithful
      251 11 Dearar, Last week you published a letter to the Board of Sime Darby asking the directors to be fair to the faithful shareholders of Sime. Had Sime been successful in its Guthrie bid, the letter pointed out, it is the Guthrie shareholders who benefit
      251 words
    • Article
      Lock icon ASSESSMENT TOO CONSERVATIVE
      203 11 saffliiaa HOCK LOCK SIEW WHOOPS! New tote made available to ■by mt rtatoi to*—to tot in wen toppm Lead yesterday. We toek to Hew tot tore may Ml to ■aeb iptoe petaattel Mt to to tore prtoe at tela etopuy. Tto view wee tawd e« btotortoel tote
      HOCK LOCK SIEW  -  203 words
    • Article
      GENTINGS
      29 11 has announced the appointment of Long Ahmad Zainalabidta bin Mohd Tahir as director in replacement of Eatfk Abdul Rahim bin Abu Bakar who had resigned from the board.
      29 words
    • Article
      BANDAR RAYA DEVELOPMENTS
      140 11 which recently announced its purchase of 14,280,000 shares in Permas Jaya Sdn Bhd drew a series of queries from the KLSE. The Exchange wants to know bow the valuation of Bandar's shares at $1.40 has been arrived at, and the percentage of shareholding held by Magnum Corporation
      140 words
    • LATEST RESULTS
      • Article
        SHELL REFINING (F.O.M.):
        109 11 Reported net profit of MH5.21 million ($6.56 million) for the year ended Dec 31, 1178. Sales proceeds for the year were 1651.28 million (1610.27 million). The company has proposed a final dividend of 12.5 per cent gross, making a total of 17.5 per cent for the year
        109 words
      • Article
        MALAYAN UNITED INDUSTRIES:
        57 11 The Malay- sian Capital Issues Committee has approved the revaluation of the freehold laferi and building of its whollyowned subsidiary, Hotel Mandarin (Malaysia) Bhd, to MJB million, giving rise to a surplus of million. The subsidiary is to capitalise 13.5 million from this surplus by a bonus
        57 words
  • Page 11 Advertisements
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      Page 11 Advertisements Column 1
      396 11 IEESr SANDY/FAWKES Her sensational trueauountoi si days and nicjhls with a psycHopathK V mass murderer KILLING TIME by Sandy Fawkes Sandy Fawkes felt like screaming inside. The man she'd spent six days and nights with "a cross between Robert Redford and Ryan O'Neal" had just been revealed as a mass
      396 words
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  • Article
    PUB to increase gas and electricity rates
    644 12  -  By RONNIE LIM INDUSTRIAL as well as domestic consumers of gas aad electricity will have to per cent more in M adjustment costs on their Public Utilities Board (PUB) bills from May 1. The PUB's current fuel adjustment charge of 3.96 per kWh,
    644 words
  • Article
    Iran to announce oil price rise soon
    349 12 IR*N will soon announce atrvil price rise that, accosting to industry sogfces, will heighten the pttsibUity of a pew round of Increases by the Organisation of Petroleum Exporting Countries. The sources said Iran would charge U5516.57 a barrel (or its light crude ott,
    349 words
  • Article
    Lock icon Opec did not agree to grant discount to poorer countries
    177 12 AP THE Organisation of Petroleum Exporting Countries (Opec) did not decide at its March meeting in Geneva to grant wholesale discounts on oil to developing nations, Opec secretary-general Rene Ortiz said on Tuesday. Mr Ortiz denied a report that the
    AP  -  177 words
  • Article
    LONDON STOCKS
    797 12 LONDON, Wed. Share prices closed steady to firm* after a hesitant start, due to light buying, but interest centred on companies with trading statements today, dealers said. Leading shares closed mostly steady to a penny or two higher although some eased against the trend, while government stocks had
    797 words
  • Article
    SOLUTION SOON ON BID FOR CONTRACTS
    103 12 JAPANESE Foreign Minister Sunao Sonoda said in an interview published in Tokyo that a final solution to American-Japanese dispute over allowing foreigners to bid on Japanese government contracts would be settled by the end of the month. Mr Sonoda, now in Washington for talks
    103 words
  • Article
    Lock icon ITF denies picking on Singapore registered ships
    91 12 Reuter IB f—BH Btuttotj af the latamttiMl Tru» <HF), Mr fcwM U*H^ jwtotej Wti la L» >IWlk|Mrb«» taettai ft wvrUvUe wi» Slag lateral Mr Lewie hU: "W« arc MaHe(ta| a et»pare to an Ike mamthe Ltaiea-btiei tii—mm af aMp, Am* i i—Mia, had
    Reuter  -  91 words
  • Article
    Court agrees to removal of CCRL liquidators
    282 12 A MINORITY shareholder in Cycle and Carriage (Realty) Ltd (CCRL), now In voluntary liquidation, yesterday won his court application for the removal of three liquidators from their offices. The High Court granted Mr Chua Boon Chin's application for the removal of Messrs JMMcCormack,
    282 words
  • Article
    Lock icon HK dollar plunges
    167 12 UPI AFP THE Hongkong dollar was buffeted again yesterday on the Hongkong foreign exchange market, plnnytng to a four-year low against the American dollar, with suspected intervention by the authorities giving the local currency only a brief respite from its troubles. The HK dollar, its weakness a
    UPI; AFP  -  167 words
  • Article
    Lock icon LEAKAGE CHARGE SPARKS NEW GRAFT ROW
    184 12 AFP THE aanunptioo by a leading parliamentarian that 30 per cent at foreign aid to Indonesia was "lost" through "leakages" has sparked anew a row in Jakarta over the widespread practice of corruption in the country. Deputy Speaker of Parliament Mashuri stated in an
    AFP  -  184 words
  • Page 12 Advertisements
    • Advertisement
      Page 12 Advertisements Column 1
      16 12 Superb Northern Indian, Kashmiri and Moglai cuisine tor the discriminating gourmet. I* t r Omivt VK\VVi\>n
      16 words
    • Advertisement
      Page 12 Advertisements Column 2
      254 12 ,$=/%:]$"},`|^(:!"+"^^()%'<,`>> 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
      254 words
  • Page 12 Miscellaneous
    • Miscellaneous
      Page 12 Miscellaneous Column 1
      58 12 Outlook for Singapore from 6 a.m. to noon today: Isolated showers in late morning Bepwt for U pilar to 1M pan. m April 11 aft Maximum temperature 29.3 Associated humidity 81 Minimum temperature 24.4 Associated humidity 98 Hours of sunshine 0.10 Rainfall in millimetres 2.7 Total rainfall for the month
      58 words
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  • SHIPPING TIMES
    • PORTSIDES
      • Article
        Lock icon Easter strike
        67 13 Reuter TRAVELLERS to and from Britain will face long delays at sea and air ports during this weekend's national Easter holiday due to a planned strike by customs and immigration officials. The Society of Civil and Public Servants is allowing only a few of their members to check
        Reuter  -  67 words
      • Article
        Lock icon Tanker order
        85 13 AFP HITACHI Shipbuilding and Engineering Co. of Japan announced on Tuesday it has won a 5,500-million-yen (Sss7 million) order for a 80,100 dead weight ton tanker from Tanker Shipping Enterprises Ltd. of Liberia. The Liberian company is a wholly owned subsidiary of the London-based Greek shipowner, Mr N.J.Goulandris.
        AFP  -  85 words
      • Article
        Lock icon China absence
        91 13 AFP CHINA was absent from the ship-sale market in March, the first time for nearly two years, London-based ship-brokers Mr Eggar Forrester, say in their latest report. The absence of the Chinese, which over the intervening period has had a big influence on market trends, coincides with a
        AFP  -  91 words
    • Article
      Odessa lifts its service
      479 13  -  FE/EUROPE ROUTE By RAHIM KASSIM THE SOVIET Odessa Ocean Container Line (Odessa) is taking steps to strengthen and improve its four-month old fully containerised service between the Far East and Europe. By the middle of next month the line will increase its sailing frequency from every
      479 words
    • Article
      Lock icon Foreign fishing boats ban by US
      121 13 AP wtga —It boats f«r aae la the US fVbniji ■tttoe approval "af "the •111 at Hi—fr Warrea Nagaaaaa, D—wn» Waahiagtoa, eaaie by vaiee vato. tee Meat af the If* law establlahlag the exetasive SB ka> U8 ftobbaata'aaed 'taT'the Bat flshiii una tow to
      AP  -  121 words
    • Article
      Lock icon Time charters hold up rates
      593 13 AFP GRAIN chartering remained slow on the freight market last week and, after initial steadiness, lower rates were paid in places, although continuing activity on the timecharter sector helped to underpin sentiment. Business was still being conducted in secrecy and it was often difficult to
      AFP  -  593 words
    • Article
      Lock icon London freight
      161 13 UPI NORTH Atlantic grain rates, although still very firm, appeared to be settling when two April loaders were taken for US Gulf-continent business. The Navim Merchant received U5511.25 (Ss2s) (FIO) for a 53,000-ton shipment to Holland or Belgium while the Sunnyway lifted 50,000 tonnes at 15 cents less
      UPI  -  161 words
    • Article
      SHIPPING LIST where your ships are due...and when
      3408 17 SCHEDULE A guide to ships loading at Singapore for Ports around the World i 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
      3,408 words
    • Article
      INDEX
      444 17 nMpptaj Um Cd ACS n 5 Afea IV 3 Alpac IV 5 Angkutan IV 4 ANL i 1 APL m 2 Arya Nat n 5 ASCL m 5 Asia Merchant IV 3 AustCont IV 5 Bank n 5 Batam n 2 BBS n Ben Asia m 3 Ben EAC
      444 words
    • Article
      Container Schedules
      926 18 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO AT CONTAINER TERMINAL V KB. (1) Each vessel's estimated time of arrival Is advised by the Shipping Line/ Agent and Is subject to change (2) All exoort FCL containers and LCL cargo must be delivered to the Authority's premises during
      926 words
    • Article
      Untitled
      846 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 Line— In trasea Anhslng Line— Strongwill. Angkutan Pertambagan— Eastern Way. Angkutan—Straits
      846 words
    • Article
      Increasing flow of trade
      631 18 FAR EAST FREIGHT TRAMPER freight rates have been adjusted to reflect higher costs of operation. Many parcels are available. Construction projects are increasing in the region. A good flow of trade Is Philippine steel is being shipped to Thailand and Indonesia ports. Small parcels of 500
      631 words
    • Article, Illustration
      SHIPS IN PORT
      403 18 EXPECTED ARRIVALS TODAY KEPPEL WHARVES Dong Yun (2300) 40/41 Kanda (after Lexa Maersk) 35/36 Maxim Gorkiy (Passenger) (1200 after Eastern Harmony sails A Nanwu shifts) 46/47 Minetaka Mara (2300 after Eastern Harmony) 47 North. Nanwu (0630 shifts after Emma Bakke) 33/34 Recife Mara (2300 42/43 Ross Sea
      403 words
  • Page 13 Advertisements
    • Advertisement
      Page 13 Advertisements Column 1
      379 13 TANK CLEANING Whether you are sending it to the DOCKYARD for repairs, the SCRAPYARD for scrapping or making a CONVERSION consult: PIRAEUS MARINE SINGAPORE PTE LTD <s§* I R I )l 1 W I AH mnTTTT" TO EUROPE (VIA SUEZ) CttVAin PIU IMP iotun nm u» CKVALBt ROTE 13N KOREAN
      379 words
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      Page 13 Advertisements Column 2
      242 13 p|i sealord yj Hi] ANTAH H UASC UNITED ARAB SHIPPING CO (SAG) 1 1 All vessels ***** DWT, 105 TON H.L. Derrick a 288 TEU Capacity, Long Length Capability. a ■ARABIAN GULF WEEKLY SERVICE! 11 i 1 I BAJJAH I W. MOATA2 I Dammam (30/4) Dammam (29/4), Dammam (3/5). Doha
      242 words
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      Page 13 Advertisements Column 3
      303 13 NOL NEPTUNE ORIENT UNES LTD FULLY CONTAINERISED SERVICES: FULLY f Ketant F stove Havre I "fit |l4Apr 15 Apr 4 May )0 Apr 1 Ha, N PEARL ?1 Apr 22 Apr 11 Ma, May I May C Apr 27 Apr 17 May 13 May 14 May 1 nm, nm, nm,
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      Page 13 Advertisements Column 4
      868 13 AFEA LINE REGULAR SEdl CONTAINER EXPRESS SERVICE OIRECT TO LAGOS-APAPA Soo Page IV Column 3 for Sailings SING APO H£ SHIPPING AGE \CIE S Pit (ID MAHMUM; sn 12? •Gf HAI *****1 a v uwo asia i \f son rho K I ***** 7- P ki A\L *****1 3 PE
      868 words
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      Page 14 Advertisements Column 1
      682 14 Hapag-Uoyd FULLY CONTAINERISED TO EURO* EXPORTS S'par* P Rabat NWf Blwraa 11/4 20/4 H/« 27/4 30/4 3/5 S/S 9/5 l(/5 19/5 21/5 27/5 28/5 30/5 9/5 11/5 l«/ 5 20/5 20/5 22/5 26/5 21/5 29/5 31/5 J/6 12/6 14/6 19/6 21/6 21/6 23/6 12/5 14/5 21/5 25/5 UwfMiatv 22/6 24/6
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      Page 14 Advertisements Column 2
      468 14 isS borber blue seo* From: US ATLANTIC US GULF 4 EAST CANADA fab N Orttaa Neil «m,at "ITW Dpi (P«"»« P. Hai 30/4). "BMW TOM" Apr "TUENDOS" Apr 25 (P Kitai* 25/4; 27/4). "TDM" May 5 (P. Kata( 1/5). To: US ATLANTIC US GULF EAST CANADA *y 5 Nnt loafer
      468 words
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      Page 14 Advertisements Column 3
      611 14 EVERGREEN LINE fAR FAST tUROPf EXPRFSS FULL CONTAINER SFRVICF 1 ACCEPTWC CARGO FOR HAMBURG FELIXSTOWE. ROTTERDAM ANTWERP lE-.HAVRE AISO ACCEPTWG CARGO FOR UNITED KWGOOM SOUTHAMPTON LONDON. MANCHESTER. BtfMNGHAM BRISTOL LIVERPOOL GLASGOW LEEDS WEST GERMANY nranmwK HOLLAND AMSTEROAM S tmt Hm+ut FakttMM iMtartei WM| U Nwt Apr It Hay 71 May
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      Page 14 Advertisements Column 4
      896 14 Everett Lines/ Barm Five Star Sfcippiag Carp a. "BURMESE NATIONAL LINE" lOAOMC FOR MWOW BFSSC AgtflßnMMvM TEPS MALAYSIA Port Kplpog T* (38) 7366 Penang T# *****/***** Campania Argentina Da Q> Mawaariaa latarcaatiaantal 5. A. C.I. F. mJ "ARGENTINE NATIONAL LINE" f, Chiiena da Navagacian Intarocaanica "CHILEAN NATIONAL LINE" m EAST/OMI.
      896 words
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      Page 14 Advertisements Column 5
      639 14 S E OCEAN SHIPPING ENTERPRISES PTE LTD RM 2 102 2103 21ST FLOOR MARINA HOUSE SHFNTON WAV MISTRI ROAD SINGAPORE 2 TFI *****44 7 ***** 70 m SANKYO LINE AUSTRALIA SERVICE nut star... LOGS TIC ACf 13/15 Apr IC/U Apr BRtS SW. MEL, ADEL 25/27 Apr 21/25 Apr STD. m.
      639 words
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      Page 15 Advertisements Column 1
      955 15 QCI Overseas Containers Limited SETUP TOW/COWnOT Vp" PJIMMg D'«art Bran A'Mtp LaHawp toPtol 5 May JMkT(Mlbf) 11 Ap 24 Apr 9Mpy lllby 12 thy 14 Mpy Him 27% 14 Mpy 20 Mpy 21 Mpy (25 Mpy) 34 Apr 20Mey 22Mr 23May 25 Nay 3 May 24Mpy 21 M* 29IbT 11
      955 words
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      Page 15 Advertisements Column 2
      817 15 GRANARD LINE Granard Sapping Agencies ISll'te LJO Tel 2??b977 i 5 Linesi Dm s Trja.ns Sfln B*o Km S'lippma 4 ''iflmg (rtterpr sfs g AMERICAN PRESIDENT LINES STRAITS EXPRESS CONTAINER SERVICE Loadnf for New York, East Coast and Gulf ports by Mn-Landbridfe los Anteles, San Francisco and Seattle WJ. EBWMOna
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      Page 15 Advertisements Column 3
      792 15 BEN LINE CONTAINERS EXPRESS COWT MO SERVICE TO/FROM EUROPE Franc* m or 4/6 <A/6) 2/6 21/6 (25/6) 19/ C 27/6 a/j KMC B'NAVIN ROAM HAW SCION Gtrauay/Aostnt Fraoca MUK PI o ~T» Garauoy/Aostnt BaNM. Fra«ca MUK S pore fe faM UM UM UM bM 12/4 m. TVM M 54a* »*<
      792 words
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      Page 15 Advertisements Column 4
      557 15 Scan Dutch V mvi iNjmiv.:; .ni; i j rrwy I) IMn 2) Man 3) Hkw| Gtw| i I*:'I:l »1 i W7.W7A .fi: l«»w:! i: r.vi' 1) Gk*| 2) H°tat| 3) I* 4) lta> 5) KMt) DiaKt isn nn uw MM M M SM W NMM SAM MM M MM kW
      557 words
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      Page 15 Advertisements Column 5
      512 15 1 BOUSTEAD SHIPPING AGENCIES THE BANK LINE LTD U.S. GULF COAST SERVICE (New Orleans, Mobie, Houston, Galveston) Seaport P KeUnj P«W| US GMf HOWELL IttES (LOWS) 22/23 APt 3MI U.S. WEST COAST SERVICE (Honolulu, Portland, Seattle, longbeach, San Francisco) »/zi BRMTON LtKES (Mafe/dbdi) 29/29 Apr abo accept** carjo for Mania.
      512 words
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      Page 16 Advertisements Column 1
      869 16 r K line KAWASAKI KISEN KAISHA. LTD. 'C PAUL 15* N REAM. 14W C. ROtt 13* KOREAN lACEWON Ml Container TO EUROPE IS Apr T 30 Apr Bremen A «*rp 4 Ib, 6 Ma, 22 Apr Ma, 8 Ma, 10 Ma, 11 Ma, 13 Ma, 27 Apr 13 Ma, 14
      869 words
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      Page 16 Advertisements Column 2
      642 16 V.S.A./EAST CANADA SERVICE ACOPTME FOAa CONTA E.C./6KAT LAKES SERVICE LOAMS FOR: KM TOM, MMFOU. BALTMRME. MUBIM. MONTREAL. TOKMTD MM P Mmi S pi I -UMNTiwar lt/UMf M/UMr m/umi -MMcm war M/SM* 27/24 My WiMt CAUFORMA/PACfIC NORTH WEST SERVICE laaM| tar LOS MOIB. SM FMMCBCO. WTTU. TACOMA. WWCOWO. B.C. -IttMSMUY*- i-
      642 words
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      Page 16 Advertisements Column 3
      337 16 J S S A ,71: SINGAPORE SHIPPING AGENCIES PTE LTD i: Mini 'E .f i€ ting I'M.. RS .4-.9S MS ■> t as b 3 1 Nt S A B ii. D'NG SINGAPORE 1 GENE «4i 9-3 HI n« LINES ARSmf C ABIE CAMGOSH'P V. V) \t~ SI\GAPOR£ ISLAXDS Ll\tJ
      337 words
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      Page 16 Advertisements Column 4
      669 16 ,MAI*rSIAH *m*N4TIONAI SUPPING CO*PO*ATtOH BfPHAD EXPRESS FULLY CONTAINERISED SERVICE TO/FROM MED/UK/COWTIHENT/SCANDINAVIA WECT CMX AT P. KUNC Ato Accapton Fat I) Barcatom. Gaaoa. 2) AbMMMA Aahnrf. I Hawt. I Brwiakwa, Aartan. CapaMfaa. HafcM 4) MMm. SI •»ic,t»»m Earopt c*|o tor M> S por* EAST BOMh 1) G bwi 2) H-twf 3)
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      Page 16 Advertisements Column 5
      582 16 t INTRASEA (PTE) LTD. f ,*fcor House 23-Jt O'Chnro Po.iC Singapore 9 Telephone ***** 1 1 *****57 regular MKParan sot/mi com mo soma to europe Stmt r UM| Nmi ImM| tar a Apr Mm MMa/M^/ta rnmajp*) i» zxxH MOB mmi cmmm- la WW WM—t ARM <Mxt tmn fmmt- MB (NBJEAJ
      582 words
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      Page 17 Advertisements Column 1
      87 17 NIGERIAN NATIONAL SHIPPING LINE NNSL FAR EAST/WEST AFRICA RIVER RIVER JIMINI KEREWA Smgapora 27/28 Apr 22/23 May Lagos 20 May 14 Jun Pt Harcourt 28 May 21 Jun Douala 31 May 23 Jun Tama 2 Jun 28 Jun Abidjan 5 Jun 28 Jun (accapting breakbulk/containera) agents boustead SHIPPING AGENCIES Tel:
      87 words
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      Page 17 Advertisements Column 2
      185 17 IVSOVES2AI O&IEITAL LUES Wji JAKARTA 1/ REGULAR DCPEMMDLE EXPRESS SERVICE TO t FROM iDONESU roans paumb rrm ooiMin OOP* NMI kfmi If. N* (Mute) OUP* SWT! 14/15 Apr t—w«/S«tayi OOP* mm 17/ IS Apr IS/20 «pr Tj hM (Hurt*) HEN 6 LEONG SHIPPING CO. PTE. LTD. mm mwi Gfimal Afaits
      185 words
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      Page 18 Advertisements Column 1
      98 18 FAR EASTERN SABAH, BRUNEI ft .itth 7* >11 Reference is made to the notice in the pre* on Saturday, 18th June, IST7. The member Lines of the above Conferences have reported that there has been some improvement in the berthing situation at Algiers and they have decided to reduce the
      98 words
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      Page 18 Advertisements Column 2
      168 18 NOTICES FAR EASTERN FREIGHT CONFERENCE SABAH, BRUNEI AND SARAWAK FREIGHT CONFERENCE NOTICE TO SHPPERS IK.Vf}•• V mi.l, Reference is made to the Notice in the press on Saturday, 4th March, 1578. The member Lines of the above Conferences have advised that port conditions at Casablanca have deteriorated, resulting in (May
      168 words