The Business Times, 27 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. IM/1/7S FRIDAY, APRIL VI, 1971 50 CENTS
    11 words
  • BRIEFLY...
    • Article
      Lock icon Israel moves fast
      71 1 Reuter JERUSALEM, Thurs. Israel is taking speedy action to establish normal relations with Egypt and has decided against immediately testing its new right to send ships through the Suez Canal, officials said today. Foreign Minister Moshe Dayan ordered his ministry's director-general to postpone a Latin American visit
      Reuter  -  71 words
    • Article
      Lock icon Kampucheans' new bases
      66 1 UPI BANGKOK, Thurs. The bulk of an estimated 80,000 Kampuchean soldiers and civilians have completed their trek through Thai territory to new bases in Kampuchean mountains near the border, local Thai officials said today. The officials said at least 20 Thai villagers were missing and presumed dead
      UPI  -  66 words
    • Article
      Lock icon PAL spreads its wings
      68 1 Reuter MANILA, Thurs. Philippines Airlines (PAL) will open negotiations soon for landing rights in China, West Asia and Britain, its chairman, Mr Roman Cruz said today. Speaking after the annual meeting, where he reported a 1978 net profit of 10.3 million pesos (about Ss3 million), he
      Reuter  -  68 words
    • Article
      Lock icon Record oil consumption
      50 1 AFP HAMBURG, Thurs. World oil consumption hit a record three billion tonnes last year, the West German Esso AG company said today. It said the fastest rising consumption was recorded in Libya (12 per cent), Spain and China (10 per cent) and Australia (6 per cent). AFP
      AFP  -  50 words
    • Article
      Lock icon US prices jump
      77 1 UPI WASHINGTON, Thurs. Consumer prices in the United States shot up another one per cent in March to produce the worst quarterly inflation rate in more than four years, the government reported today. Sharp increases were registered in virtually every consumer category- Petrol prices rose at the
      UPI  -  77 words
    • Article
      Lock icon All big airlines strike
      70 1 UPI TOKYO, Thurs. Pilots and stewardesses of Japan's three biggest airlines seeking a doubledigit pay hike, walked off their jobs together for the first time in Japanese aviation history today. An estimated 55,000 passengers were unable to board designated airplanes when Japan Air Lines (JAL), the
      UPI  -  70 words
    • Article
      Lock icon No more concessions
      63 1 AP TOKYO, Thurs. Japan will make no more concessions in negotiations with the United States aimed at opening a larger share of Japanese government procurement contracts to bidding by US businesses, officials said here today. The decision was made last night when Japanese Prime Minister Masayoshi Ohira
      AP  -  63 words
  • Chief Price Changes
    • Article
      SINGAPORE
      136 1 Rises Most Active Stta Malayan Sungei Besi 1300 990 60 30 Tganu Dev 216,000 Rothmana 406 16 S Darby 133,000 Utd Malacca 464 14 UOB 118,000 Hi«k Low 396 14 H PAr 107,000 Kempaa 450 10 N S O P 300 10 Total Turnover: 3.17m Y H S 418
      136 words
    • Article, Illustration
      KUALA LUMPUR
      140 1 Rises Most Active Setron 2.40 Harper Gilf 3.50 Rothmans 4.08 High A Low 4.02 Boustead 3.32 Guinness 5.40 M Banking 7.00 Benta 4.00 K Kampar 3.26 Petaling 3.26 Falls B A Tobacco 1.53 Pacific Dev 2.TO E A.I 3.10 P Chem 3.16 Cen Prop 1.63 +75 14 14
      140 words
  • Article
    Vis-breaker unit is in full swing
    914 1  -  MOBIL REQUIRES FINANCING By COLIN CHEE A $200-MILLION plant to convert fuel oil into higher value-added petroleum products is to be built by Mobil Oil Singapore at its Jurong refinery. The capital investment, in the shape of a vis-break-er unit, is a significant one
    914 words
  • Article
    Bousteadco wins full control
    165 1 BOUSTEADCO Singapore Ltd has gained full control of Holiday, Cutler, Bath 6 Co Pte Ltd., a well-known Singapore firm of rubber brokers. At the expiry of the takeover offer yesterday, Bousteadco had succeeded in acquiring the entire 200,000 management shares and 96 per cent of the
    165 words
  • Article
    Hefty jump in fertilisers passing through
    549 1  -  By GOH ENG KEE THE FERTILISER trade passing through Singapore last year Jumped nearly 55 per cent to $265 million compared with $171 million in 1977. This underlines Singapore's role as a transhipment centre and the success of the Jurong Port in handling bulk
    549 words
  • Article
    STAKE IN RAFFLES CITY
    87 1 SHANGRI-LA Hotel said it has decided to take a 12.5 per cent stake in Raffles City (Pte) Ltd, a company formed by the Development Bank of Singapore to own and develop the Raffles City complex. The company has also announced an audited profit of 16.88 million
    87 words
  • Article
    Ministry is taking a closer look at divorces
    246 1 DIVORCEES nay eime uadcr Ike dM seratlay «f the Ministry ef Barial Affairs. The Serial Welfare Departmeat Is believed to be leeklag late the peasiMllty ef raadartlag aa exteasive .study lata the hrtw bekiad the grswlag a amber -a Jl-. m ■vww
    246 words
  • Article
    Britons see need for 'kangaroute' competition
    489 1  -  By WAMO LOOK KEAH BRITISH travellers to Australia have, for the first time together, expressed the need for competition from other airlines on the low-fare traffic between Britain and Australia. The Air Transport Users Committee (AUC) described the monopoly of the low-fare traffic by
    489 words
  • Page 1 Advertisements
    • Advertisement
      Page 1 Advertisements Column 1
      7 1 COPIES ANYTHING. FITS ON A TABLE TOP.]
      7 words
    • Advertisement
      Page 1 Advertisements Column 2
      165 1 When all banks are pretty much the same, ACBC service makes the difference. Everyone knows that all banks offer pretty much the same facilities to their customers. But what makes one bank better than the other is its service. Whether you are opening a letter of credit or you need
      165 words
    • Advertisement
      Page 1 Advertisements Column 3
      2 1 SHIPPING TIMES
      2 words
    • Advertisement
      Page 1 Advertisements Column 4
      108 1 AKAI ILV AAA. that puis no punches. Clean, Clear Copies. Effective, Economic Machine&n U-Bix has a full range of copying machines to suit the requirements of your business from the 2000 Rill High Speed Plain Paper Copier to the Desk-Top U-Bix V Copier with micro computer. Adaptable to all kinds
      108 words
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  • TRADE AND INDUSTRY
    • Article
      Pan El in toy venture with Dover Industries
      681 2  -  By JOHN LIM PAN ELECTRIC has gone into a joint-venture to manufacture electronic toys in Singapore. In its latest diversification move, Pan Electric has teamed up with a Hongkong toy company, Dover Industries. The new company, Dover Electronic, is situated at Pan
      681 words
    • Article
      100 mathematicians + ...
      196 2 100 mathematicians NANYANG University will be holding the First Franco South-east Asian Mathematical Conference from May 14 to June 1. The 18-day conference-cum-workshop, reported The Chronicle, a Nanyang University newsletter, has overwhelming support from local and foreign mathematicaians. One hundred mathematicians from France, Japan, Australia, Hongkong, Canada, Korea, China, Taiwan
      196 words
    • Article, Illustration
      MOVABLE FEASTS ON DISPLAY
      123 2 A GLASS-SIDED merchandising cabinet has been developed by an Australian company. Infra pulse Pty Ltd, for use in displaying hot foods. It combines moving food with large illuminated transparencies. The transparencies measure 450 mm by 200 mm. The cabinet, called Food On The Move (FOTM) model
      123 words
    • Article, Illustration
      SOXAL'S MINI SUPERMARKET
      175 2 SINGAPORE Oxygen Air Liqaide (Sexai) kai set ip u equipment mial npennvket at Kallug. Tfce eeatre la selllag a wMe raage af fiwmiWn, eqalpmeat far weldlag, Ore prateetlea aad dlvlag, aad same medleal pradaeta. This mial sapermarket will be the flnt «f its kind ta sell neh
      175 words
    • Article
      Ultrasonic testing of materials
      112 2 A COURSE on Ultrasonic Testing of materials with particular emphasis on weld inspection and practical work will be conducted by The Singapore Institute of Standards and Industrial Research (Sisir) from June 27 to July 14. It will deal with materials testing in general, including ultrasonic thickness
      112 words
    • Article
      Concrete proof of a hollow fact
      366 2 RECENT studies in Malaysia, made by a housing developer and a manufacturer of hollow blocks and concrete bricks, indicate that house construction costs could be reduced by more than 20 per cent if these building materials were used. These hollow blocks and concrete bricks
      366 words
    • Article
      MCC annual award winners
      92 2 FOUR winners of the Malay Chamber of Commerce Annual Award for Commercial Subjects for this year have been announced by the Ministry of Education. They are Norliza Bte Mohamed, Maznah Bte Mohd Beon (both from Whitley Secondary School), Zainah Bte Suradi of Yk) Chu Kang Secondary
      92 words
    • Article
      Thai 79
      31 2 THE Holiday Inn will present Thai Ebrtravaganaza 79 from April 30 to May 4. The public will be introduced to Thai cuisine, fashions and culture at its Garden Ballroom.
      31 words
    • Article
      Track record proves otherwise
      344 2 THE Malayan Railway administration, stung by criticisms that it has not been doing anything to ease difficulties in transporting building materials to some places, yesterday cited statistics to refute the criticisms. According to the director of commerce, Encik Abdul Rahim Osman, cement carried by the Railway
      344 words
    • Article
      Distributed data processing
      232 2 A SEMINAR on distributed data processing (DDP) will be held at Shangri-La on April 30. The seminar will be conducted by Mr Abe Hirsch (communication specialist) and Mr Henry Steinberg (software specialist) from Data General Corporation, a leading minicomputer manufacturer in the United States. They are currently
      232 words
    • Article
      MEMO PAD
      402 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 16-30: Data processing training, RELC, NPB April 30-May 4: Introduction to Marine Insurance, SITC, SITC April 30-May 4:
      402 words
    • Article
      British team coming to engineer sales promotion
      242 2 NINETEEN British companies will be in Singapore from tomorrow to May 5 to promote a wide range of equipment. These companies are members of the British Engineering Industries Association (EIA) trade mission. One of them, Stronghold Prestressing, is looking for licensees for the
      242 words
    • Article
      Getting to the Hart of matter — ad courses
      335 2 Getting to the Hart of matter ad courses THE DIRECTOR of CAM Foundation London, Mr Norman Hart, was here recently to hold discussions with officials of the Joint Education Committee (JEC) on the advertising courses available in Singapore. According to Advoice, a journal of Singapore Advertisers Association, CAM is the
      335 words
  • Page 2 Advertisements
    • Advertisement
      Page 2 Advertisements Column 1
      172 2 FOR SALE COMPLETE AUTOMATIC PAINT-SHOP EQUIPMENT Consisting of: A. 3-Stage Phosphating Machine B. Dry Off Oven C. Baking Oven D. Paint Spray Booth E. Overhead Conveyor System Maximum size of each complete product unit: A. 9 o'Long x 2'6 'Wide x 6" Thick b. 5' 0' Long x 2' 0"
      172 words
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  • REGIONAL
    • Article, Illustration
      ENCOUNTER IN PEKING
      49 3 o-Lr enry w reccntl y critfclsed Vietnam for not hononring a single agreement it has signed since 1954 and for occupying Laos, South Vietnam *"i! Kampaches against the heal people's wishes, meets with exiled Kampnchean Prince Sitononh In Peking shortly after the tenner's Yeminri-spensered visit toJapan.
      49 words
    • Article
      Lock icon Garuda to fly more to Tokyo
      177 3 AFP. GARUDA Indonesian Airways will raise its flight frequency between Tokyo and Jakarta via Denpasar, Bali, to five times weekly starting on Tuesday from only thrice previously. This was announced in Tokyo on Wednesday morning by Garuda's representative there, J.S. Voerman, Antara News Agency's
      AFP.  -  177 words
    • Article
      Lock icon Indonesia facing social discontent
      663 3 AFP INDONESIA'S intelligence chief General Yoga Sugama has admitted the existence of unrest in the country which he said could be overcome and prevented from becoming widespread or causing discontent or an uprising. General Sugama, a babyfaced militaryman who holds a pen more often than s
      AFP  -  663 words
    • Article
      Lock icon Two British firms plan to invest $10m in Malaysia
      413 3 Bernama Reuter. TWO BRITISH companies have definite plans to invest more than Mslo million in Malaysia following the investment promotion mission to Manchester led by Malaysian Deputy Prime Minister Datuk Seri Dr Mahathir Mohamad. The investments would be in the production
      Bernama; Reuter.  -  413 words
    • Article
      Lock icon Indonesia to get two loans worth $202m
      71 3 Reuter. INDONESIA will get loans totalling US$92 million (SJ2O2 million) for two big development projects, the World Bank office in Jakarta announced yesterday. A sum of $50 million will be used to finance a $77million flood control project. The rest will help fund
      Reuter.  -  71 words
    • Article
      Lock icon Import financing at a concession
      129 3 Reuter THE HMgkMg ail Sbaghal Baaktag Carp ul the Chartered Baak said they will prevtde Impart flaaaelag at a riifwriieil laterest rate, effectively at 114 per eeat k li per eeat aelsw the IS per eeat prime leadiag rate. h twe separate statemeata, lined simaltaae•asly,
      Reuter  -  129 words
    • Article
      Lock icon Asean cable pact
      135 3 Reuter. THE FIVE members of the Asean yesterday signed an agreement for the construction of a submarine cable linking Jakarta and Singapore. The agreement was also signed by three other coowners of the system the Overseas Telecommunications of Australia, Japan's Konsusai Denshin Denwa Company Ltd, and the
      Reuter.  -  135 words
  • Page 3 Advertisements
    • Advertisement
      Page 3 Advertisements Column 1
      89 3 For Men-at-the-Top ■>;> hit' v' l 'y<r-. •t V. i*? J*'".'/*- /2' ..Mpi :.4 MJ» f? li H > V 5 JEjtiME :NS t-Vf-sss* SPSS -i I "5 *****r0wn Black v -v -v-; X L. 2705 Brown ***** Brown ***** Black From England. David Scott shoes. Made with the same
      89 words
  • Page 3 Miscellaneous
    • Miscellaneous
      Page 3 Miscellaneous Column 1
      630 3 LI TWO-IH-CRYPTIC PUZZLE ACROSS 4 Person of picturesque ideas (6) 7 Are their tales of great matrimonial experiences? (3) 8 Absent player (6) 10 Live a lot more than well (5) 13 Join me for a bit of a bet (4) 14 What Tessa Richards has to wear (4)' 15
      630 words
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  • RAW MATERIALS
    • Article
      Slow growth in tin output anticipated
      618 4  -  By Our Reporter OVER the past decade, Indonesia has doubled its tin output. But this growth took place from a low point in the last years of President Sukarno's rule and it would be unrealistic to expect a similar rate of expansion over the
      618 words
    • Article
      Cocoa growers move to jack up prices
      453 4 MALAYSIAN cocoa exporters and growers are trying to form an association to press for improved quality of cocoa exports and for better prices in the world market. Mr N Krishna murthy, managing director of NKM Holdings, which is initiating this move, explained that
      453 words
    • Article
      Produce exchange
      274 4 COMMODITY dealers yesterday reported yet another dull session on the Singapore produce market with few deal dones. The situation had remained unchanged since Monday. In the coffee counter prices, closed marginally unchanged in view of the lacklustre conditions prevailing. WhOe new crops have already been received the prices
      274 words
    • Article
      Hongkong Comex
      158 4 THE SUGAR futures market yesterday closed easier in continued dull trading, with no trades done as on Wednesday, dealers said. May closed at 7.50/53 US cents against Wednesday's 7.60/63 close. July at 7.90/93 against 8.03/06 and September at 8.24/27 against 8.37/40 cents. The day's spot sugar price was
      158 words
    • Article
      Straits tin
      75 4 THE BTBAITB til prim la Pwim yesterday Ml Msl7 to $MSI ft pftenl. Dealers said ft atoftAer Lm<m eleslag Wednesday (um to aid prices, as sentiment was deprami by tke weak- est «f sterling ftgiiist tke Malaysian dellar cenpied with ft alight Increase to tto snppttes. Bst, the
      75 words
    • Article
      Closing prices
      32 4 Rubber: April 26 Singapore: M fii y 279.26 cents (down 3.25 cents) Malaysia: May: 281.25 cents (down 4.50 cents) Tin: 91,951 (down $17) Official offering: 191 tonnes (up 21 tonnes)
      32 words
    • Article
      Duty rates
      87 4 THE MALAYSIAN Minister of Finance has fixed these rates for the period from April 26 until further notice: Babber: 275 cents a kilo; Cspra: Mi 1,312.44 a tonne; Falsi kernel: $956.75 a tonne White pepper: $4,490.65 a tonne; Stack pepper: $2,884.62 a tonne; The rates of duty payable
      87 words
    • Article
      Soybean
      123 4 CHICAGO soybean futures closed higher with prices up 3/4 to 6V4 US cents a bushel on Wednesday. Old crop months did not show the big gains registered in new crop futures because of the implications in the supply/demand report that the 1978/79 soybean crop was larger than originally estimated
      123 words
    • Article, Illustration
      Lock icon Risks of deforestation in Asia-Pacific
      671 4 FT FAMINE, the destruction of a natural resource once considered inexhaustible and the loss of a major employment generating industry are the spectres conjured up in a little-circulated Asian Development Bank report. The document is a strongly-worded indictment of the failure of the forestry industry
      FT  -  671 words
    • Article
      RUBBER
      345 4 OPENING prices in Singapore yesterday were marked down slightly. The market later eased further on forward selling, particularly July/September and June offerings, dealers said. May One RSS, however, were in demand which increased its premium by another cent. The morning market was easier with May One RSS buyers quoted
      345 words
    • Article
      RAS PRICES
      343 4 R.AB. prices In cents per kUo yesterday Noon (per kilo) n. hi «-i« ouyers jrufrs Int. 1 R.S.S prompt f o b. ***** 286 00N Int. 1 R.S.S May 281 00 ***** tot 1 R.S.S June 277.00 277JO tot. 1 R.S.S 27X00 274.00N UK Coat 272.00 273XBN tot.
      343 words
    • Article
      SSR and SMR
      98 4 NOON SSI ■AS R and SMR pncaa yaat ard»y May (Carrot MO) Beyvrs moo roooN 187.00 MBOON g» ■JSiMtk) SSR 20 SSR50 MRELB (I'M pan*) (1-taa pattati fcj moo 287 00 moon mooN SMRCV (I tem pdM) moo »100N 288 CM 290.00N SMR5L Il ka fwlbt) moo
      98 words
    • Article
      LONDON MARKETS
      689 4 COfreE: Robusta futures yesterday closed the morning quiet with prices narrowly mixed, £7 up to £2 per tonne down Dram Wednesday. Turnover was 1,659 lots including 15 options and around 410 kits of cross trades. Dealers said that after the opening call short-covering operations in spot May against
      689 words
    • Article
      Palm oil
      67 4 C.I.F. North European port*, in US dollars per ton unless otherwise stated. LONDON: Malaysian 5*ffa bulk per tonne June Sumatra 5* ft a bulk M 862slr Pvavtass 667slr April June July August Nigeria 5* ffa bulk st« unch 673clr 867'ipd unch unch unq 07Salr 672'* sir/ 670pd 002'i
      67 words
    • Article
      Rice
      331 4 SINGAPORE: Yesterday's closing prices in SJ per kilo, ex-godown: THAI WHITE: MO per cert flnt claa (Kaafaroo) aew crop MB, 1M per cert second ctaa MB. 18 per cent third aam MB, 8 per cert mem crop no Mock, B-M per cert an. THAI BROKEN: A-Mper SO. Special O.St
      331 words
    • Article
      Textiles
      191 4 YARN and cotton prices were quoted as follows in Hongkong yesterday: (la HK dollars, spot ex-godown) Csttsa yam: Chins Blue Phoenix 20s 285; 32s 3,850 40a 3,085 (per hale of SB lbs). Pleee goads: China Butterfly and Globe brand uaq; Dragon Head uaq; Fhre Lambs uaq; Flower and Butterfly
      191 words
    • Article
      Wheat
      79 4 WHEAT wheat futures in Chicago on Wednesday closed mostly higher with only the nearby May showing a loss. Prices were off 1V« to up 4 1 i US cents a bushel. Traders said the May cootract broke late under local liquidation. The spread between the May and July futures
      79 words
    • Article
      East Bloc likely to sap lead output
      406 4 THE supply-demand position for lead and zinc in the non-communist world may be tighter this year than at first thought. This was disclosed by the statistical commitee of the International Lead and Zinc Study Group. The committee, which met this week in London,
      406 words
  • Page 4 Advertisements
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      Page 4 Advertisements Column 1
      105 4 s=^ Draw a crowd to a sale or sell a drawing of a sale. Leisure Times is right on target For as little as $15, you can sell a house, fetch a good price for an antique or talk about that cozy Italian restaurant you have just opened in Leisure
      105 words
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  • OVERSEAS
    • Article, Illustration
      Lock icon PRAY, VOTE FOR ME
      76 5 Conservative Party leader Margaret Thatcher appears to be praying an she stndies her papers at a press conference in Leaden en Wednesday. Latest opinion polls indicate the Conservative lead has steadied at 5 per cent, compared to s>/2 per cent a week ago. Nevertheless, the Conservatives
      UPI photo  -  76 words
    • Article
      Lock icon Tax-cut delay till 1982
      253 5 AP STICKING to the course recommended by its budget committee, the US Senate indicated yesterday it will delay further tax cuts until 1982 rather than make wholesale reductions in federal spending. On a 56-36 vote, the Senate defeated an amendment by Senator William Roth, Republican of
      AP  -  253 words
    • Article
      Lock icon Top US executives 'depreciate'
      185 5 UPI THE depreciation of the US dollar has made top-level executive talent cheaper in the United States than in a number of other countries, according to a study by an international management consultant firm. A chief executive officer in a medium-sized firm in West Germany makes
      UPI  -  185 words
    • WORLD IN BRIEF
      • Article
        Lock icon HITACHI IN CALIFORNIA
        398 5 Agencies CALIFORNIAN Governor Edmund Brown Jr announced on Wednesday that a Japanese firm plans to construct a large plant in Compton to manufacture televisions sets and other consumer electronics products. Mr Brown said, "I am delighted that Hitachi, one of Japan's largest and most respected high technology
        Agencies  -  398 words
    • Article
      Gold price will double
      111 5 THE REAL price of gold should at least double over the next decade, Thomas Wolfe, former deputy assistant secretary for fiscal affairs at the US Treasury Department, said. He told an investment seminar that without massive discoveries of the metal, a drastic drop in industrial demand
      111 words
    • Article
      Lock icon Carter's windfall tax too light
      754 5 UPI Reuter SEVERAL US Congressmen believe President Carter's proposals to tax oil company profits are too light, in view o( large profit increases reported in the last few days. Representative Charles Vanik, a Democrat from Ohio, said on Wednesday he intends to ask the House
      UPI; Reuter  -  754 words
    • Article
      Lock icon Carter's setback No 2
      434 5 NYT DESPITE a last-minute public plea by President Carter, the House Commerce Committee handed him on Wednesday another setback on energy, rejecting the Administration's proposal for rationing petrol in national emergencies. At the same time, the President's plan to remove price controls from crude oil produced
      NYT  -  434 words
    • Article
      Lock icon 'EITHER A LIAR OR A FOOL'
      133 5 Reuter PRESIDENT Carter said on Wednesday night that anyone claiming tyiere is an easy solution to inflation is either a liar or a fool. He offered Americans little hope that soaring inflation, now running at an annual rate of 11 per cent, would come
      Reuter  -  133 words
    • Article
      DAILY AIRCRAFT MOVEMENTS
      706 5 ARRIVALS Service Local Operator Number Time From GIA GA982 1200 HLP SN SNS7 12» BRU DXB/BKK SlA SQ240 1210 MES MAS MH684 1245 KCH SLA SQ201 1255 HLP KLM in-ret 1300 AMS/ATH/ KHI/CMB THAI TG413 1310 BKK MAS MHC1 1330 (MES)/PEN/KUL SIA SQ911 134) SFO/HNL/GUM SIA SQ455
      706 words
  • Page 5 Advertisements
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      Page 5 Advertisements Column 1
      213 5 x <- O*. v •>-• h *W r 4* ,v .*S .•<. i x «-w <&&■•1:- k i' .<: x v..-jjf -> Whats better than telling other businessmen aboutyour services? Sellina other businessmen your services. aM sR v .v "v VST in the Buku Merah's new pink pages, classifieds business
      213 words
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  • Article
    Maritime role does not wait on us
    449 6 SINGAPORE, the maritime nation, is sadly lacking in certain marine resources like ship management expertise. Those local shipowners who are successful today owe it mainly to hard experience. Learning the hard way is never a bad thing, but it has its limitations. For
    449 words
  • Article
    Rich but impotent fund of ideas
    331 6 IF THERE is one factor that can boost immeasurably the capacity of the poorer nations in Asia and the Pacific to develop rapidly, it is the availability of cheap funding for the many projects mooted. If there is something that these same countries do
    331 words
  • Article, Illustration
    World Bank's hand in LDC energy game
    664 6  -  By LEONG PUI YEE RISING oil prices have awakened the international community to the energy needs of developing countries and the urgency with which new sources of indigenous energy resources have to be found. However, these countries, which include nonOpec oil-exporting developing countries
    664 words
  • Page 6 Advertisements
    • Advertisement
      Page 6 Advertisements Column 1
      202 6 BUSINESS TIMES Where to wine, dine and entertain... "In the Georgian of the Cockpit a splendid Period restaurant offering the choicest fare in the true British tradition \where good tasie triumphs from Beef Wdlingion Bunerfly RUetanda wide choice of traditional dishes 10 dining in a luxurious period atmosphere. Wkh serrice
      202 words
    • Advertisement
      Page 6 Advertisements Column 2
      68 6 5f)C <Sl)ef CflWO at 8.15 Jmi cucrtj ifjursbm) at tt)c SaUe. n i I I > z.uliL*. xONi GltT In the best European tradition of old, our Chef will ceremoniously carve a succulent roast, done to a turn, on the one and only roast spit in town. Treat yourself to
      68 words
  • Page 6 Miscellaneous
    • Miscellaneous
      Page 6 Miscellaneous Column 1
      30 6 BriStoW": Ifenk IH ckenS 5iR »NV»TPO"iOI TW£_ PftLPCe TO R STPiTC Of=SNQU£T ON Twe 3«D INV»TpiTiON ttaora SH€,tt<H R&PUL TO £ND OP VGAR FORST invowkdn TO "Me P»HNUP»LD>NHQ£ Pro DPtKJL
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    • Miscellaneous
      Page 6 Miscellaneous Column 2
      739 6 TV RADIO A slow start to the weekend FRIDAY Mght to a Me •tarter. A little ■pptitMia far the light la the way of a gysaphaay Csaeert with Deaa Dtxaa la ghrea te as at SJlpm, ehaaael 5. At LMpm, Optatea. The line ladtr Mate Is Blliagaallam la 81agaper e:
      739 words
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  • Article, Illustration
    A fertile business that is growing in the region
    1480 7 JURONG PORT'S potentialas an "international gate- way for bulk cargo" was one of the main considerations that attracted three major chemical and fertiliser producers to use Singapore as their distribution centre for the Southeast Asian market some six to 10 years
    1,480 words
  • Article
    Lock icon China heading for a massive traffic jam
    617 7 Reuter CHINA is about to achieve in Peking one modernisation the rest of the world is trying to avoid traffic jams. The number of cars, buses and lorries on the roads of China's major cities is steadily increasing. Although there are few reliable
    Reuter  -  617 words
  • Article
    Protecting an argument that is no longer valid
    715 7  -  ...with John Drysdale THE argument advanced, as an apologia for slow progress in intra-Asean trade, is- that Indonesia's "infant" industries continue to need the protection of high tariff walls. And for this reason not even so mild a proposal as an across-the-board
    715 words
  • Page 7 Advertisements
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      Page 7 Advertisements Column 1
      310 7 Where to wine, dine and entertain If f BUSINESS TIMES When the sun goes down let the MIDNITERS eniertain you with favourites i 4 > #> A terrific, top-rote 3-p»ece bond entertoins ot the VAN DA OAR. the cosiest woterhole owoy from the city? VANDA BAR NftPPY HOURS spm Bpm
      310 words
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      Page 7 Advertisements Column 2
      49 7 *4 #1 •K V 1 To-day's Specialities BakKootTays4.oo Hokkien Mee 53.75 Indonesian Satay $3.75 per dozen Hainanese Chicken Rice $5.00 SATURDAY SPECIAL SET LUNCH P -pirh Onion Soup 'BHAISEOOX TAIL ai'M Whjte Rice "CotV-e or Tea iS G" Plus 3'o 10% HOTEL TAI-PAN 101, Victoria Street, Singapore Telephone; *****1
      49 words
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  • INTERNATIONAL STOCKS
    • Article
      Lock icon Record net at NYT
      456 8 NYT. THE NEW YORK Times Co., citing a strong comeback from an 88-day pressmen's strike last year, told its stockholders that its net income reached a record US$7.6 million in the first quarter of this year, 7 per cent above the figure for the corresponding period
      NYT.  -  456 words
    • Article
      Lock icon US steel majors reap good gains
      458 8 Reuter. US STEEL Corporation said it made a profit in the 1979 first quarter after reporting a loss for the comparable year ago period while Bethlehem Steel Cerp•ratten reported sharply higher first quarter profits over the depressed year earlier results. US Steel, the United
      Reuter.  -  458 words
    • Article
      Lock icon Earnings up at Phillips Petroleum
      198 8 Reuter. PHILLIPS Petroleum Co said first quarter earnings reflected better performance in the company's petroleum products operations, higher sales volume and increased prices in several key chemical products lines. Results for the 1978 first quarter were restated to re-, fleet adoption of new oil and
      Reuter.  -  198 words
    • Article
      Lock icon TEXACO PAYOUT
      134 8 Reuter. TEXACO Inc said its 81 per cent increase in first quarter net income principally stems from improved results in refining and marketing operations in the US and abroad as a result of generally stronger prices for petroleum products. It said, however, that the operations are not yielding
      Reuter.  -  134 words
    • Article
      Energy, casino shares shine
      1339 8 NEW YORK ENERGY and casino Issues were strong but the rest of the stock market managed only a small gain in active trading on Wednesday. The Dow Jones industrials added only 0.60 point to 867.46 and winners led losers seven to six on a turnover of
      1,339 words
    • Article
      TORONTO
      205 8 APR 25 Ct Abitlbl I7S Si Alcan 42 4 Algoma 30 S Bank Mont M'I Bank Nova Scotia Bell T»l 22s Beth Corp BP Can Ltd- 23'* Bruran 23', Camp Red Lake *?'> 'i Can Imp Bit I J7'i Canpac 30 Can par In* Pf WiB anch Carltnf O'Keefe
      205 words
    • Article
      JO'BURG
      295 8 APR 25 Rand ♦A INDUSTRIALS a Alpha A bercom unch AE And CI 465 >20 AMIC 1525 >15 Barlows 560 *3 Cg Sugar 575 unch CNA 240 >25 Currte Finance 103 unch De Beers Ind 1530B unch Edcon an Edgars 4250 -10 Eve ready 287B unch Fed Voik 215
      295 words
    • Article
      Lock icon Index touches ail-time high
      634 8 TOKYO Source: DBS-Daiwa THE NIKKEI Dew-Jones average temporarily recorded an all-time high, as the market continued bullish yesterday, centring on resources-related issues and low-and mediumpriced chemical and spinning issues. However, near the afternoon close, stocks in general stopped rising or fell slightly owing to profit-taking pressure.
      Source: DBS-Daiwa  -  634 words
    • Article
      Hongkong
      336 8 STOCK prices closed fractionally lower yesterday In very quiet trading, dealers said. Dealers said trading was dull and turnover thin as most operators' attention was focused on the sharp rise of the local currency. Hongkong Land rose five cents to HKJ7BS. Swire Pacific 'A' five cents to $7-90 and
      336 words
    • Article
      Sydney
      378 8 THE market was generally steady yesterday, dealers said. BHP and Ansett were active, and there were some gains on the mining boards in line with improvements for Australian mining stocks in London overnight. BHP fluctuated in early trading and closed 20 cents higher at A 99.40 on the Zeewulf
      378 words
    • Article
      Bangkok
      236 8 APR 28 Bahu Asia Credit 2PB0 ♦12 Asia Fibre 175 +f Ayuthaya Inv And TYust Bangkok Investment 368 •ft Bangkok Bank 360 unch Bangkok Drying And Silo Bangkok Insurance TI Bangkok Metropolitan Ban too •fg Bangkok Nylon Bank Of Asia Z 306 unch Bank Of Ayudhaya Ltd 21T •2
      236 words
    • EUROPEAN MARKETS
      • Article
        Zurich
        172 8 APR 25 Francs Actions Suisse* Aluiuisw Br Alusutsse Reg. Brown Brnrl Br. Cite Oelcy Br. Clba Oelcjr P C 303 IMS unch 10 523 1310 1000 3 -S unch 10 Ctb* Qelg; 710 1 Credit Suisse Br SIS Credit Suisse Ref Elektrowati Br. Oeorfe Flacher Br Globus Pt Hero
        172 words
      • Article
        Paris
        251 8 APR S PT» CORBEILLE Alr-Uquide lOSJO B 8 N Oemil Dtnorw 570 C 8 F (TtvomaonCafi mm CI* Francaiae des Pelroics l« •U -u •u -u Financier* -< Oenerale JM Cndll Foncitr D* France OS HichMt (Llbnirtt) BO Machine* Bull MX Mtchelin |B> noo Putbu -m«« Pechinejr Clffine Kuhlmann
        251 words
      • Article
        Amsterdam
        183 8 APR 25 FU ABN STJJO tis Ahold 109 JO unci) A kso 30.90 -U AMEV 97 JO +04 Amfu 115J0 ♦0-3 Am rot Bi iak 7590 +%1 MOD urwh R0-rk am M »ru>h Boll -A* B orsumn 173 JO +1 Burhnmnn 7000 unch Bvenkorf S3J0 unch Caiv* Delft 1C.90
        183 words
      • Article
        Frankfurt
        166 8 APR 25 Acf-Telefunken Akao AIU Leben Dm MM MM 44 -0 6 unch Alls Vera -5 BASF Bay H T Wbank Bay Vbank III m 42 rut 13 RUW mm unch CiMfUl 37&00 Chrai Verw Conombuit Conti Oumml Daunter-Beni WJM HI 63 506 tgiowt 236 jOO -0J ♦SI -I
        166 words
      • Article
        Brussels
        93 8 APR S rn FORWARD MARKET Acer 440 +7 Artwd 2510 M AaUir Mi 4J Braacmn CM unch Bni-Lwr 17*0 -M C'anpsr TH tC Cork 2 4*0 «l Pr Dc»r» til I Eton W Bcctrotorl M -4* Oto-Inno-Bm Mt JO J Oe* 1374 lluBH an "5 FKro 4636 -46 Rrt
        93 words
    • Article
      Manila
      94 8 APR M Peaoa Aro>» Mining 00M -0.0004 Atlas Con. A AUu Con. B 24 10 -0J Ba«u>o Gold 0105 unch Benguel Con B 77 00 -0.5 BF Ooodnch 23-00 *03 CDCP 22 50 41 Inco B. Landotl Le panto B 25 unch Marlnduque B 15 unch Meralco 22.00 4.4
      94 words
    • Article
      Selected indices
      69 8 FINANCIAL TIME8 INDUSTRIALS < Wednesday 552.7 Tuesday 547 0 Week Ago 534.4 t DOW JONE8 AVERAGE <• INDUSTRIALS Wednesday 887.46 Tuesday WW 77 Week ago 880.27 LONDON DOLLAR PREMIUM f Wednesday 90% to 56v. Tuesday 57 to 57 H H.K.HANG SENG A Thursday 529.00 Wednesday 529.21 Week ago
      69 words
  • Page 8 Advertisements
    • Advertisement
      Page 8 Advertisements Column 1
      253 8 Mathematics and Statistics in Penguins Mathematical Carnival: Martin Gardner A piece of solid iron in the form of a doughnut is heated. Will the diameter Qf its hole get larger or smaller? Just one of the maddening but uniquely entertaining puzzles that make up Martin Gardner's latest collection. The range
      253 words
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  • BANKING AND FINANCE
    • Article
      Lock icon $508m Japan syndicated loan is a first for NZ
      513 9 Reuter. A SYNDICATE of Japanese banks will for the first time extend loans to New Zealand amounting to 50,000 million yen (SJSOB million). The Japanese syndicate and the New Zealand government represented by Deputy Prime Minister Brian Talboys, currently in Tokyo,
      Reuter.  -  513 words
    • Article
      Lock icon Tokyo firms float record $6b bonds
      547 9 Reuter. A RECORD U552.75 billion (Ss6.l billion) worth of bonds were floated by Japanese enterprises on overseas financial markets in fiscal 1978, substantially surpassing the previous peak of $1.58 billion in 1976. Disclosing this the Finance Ministry said low fund-raising costs, particularly in Switzerland
      Reuter.  -  547 words
    • Article
      Mancorp offers note
      135 9 MANUFACTURERS Hanever Corporation hit Hied *ltt the US BnuUlm ud Exchange Commission a in the us ls a>m a OMttag rate notes die Net prnceeds will be applied te general eerperate parpsnes lneladlng equity Investments la er leans te, Its sahsltiaries including the principal subsidiary, Maaafaetarer'B Haaever
      135 words
    • MONEY AND EXCHANGE$
      • Article
        Gold
        303 9 SINGAPORE gold futures yesterday closed steady In light trading after an initial rise reflecting the metal's overnight firmness in New York, dealers said. Turnover fell to 154 lots from 333 lots on Wednesday with activity mainly centred in June, August and October. June closed at U*****.00/ SO an ounce
        303 words
      • Article
        Singapore market
        450 9 THE FOREIGN exchange market was little traded yesterday as dealers waited for developments in the US on the trade and price index figures. The US dollar, nevertheless, firmed against most currencies, though it weakened vis-a-vis sterling. Against the yen, the dollar opened at 217.70/80 and was traded to
        450 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
        Hongkong
        174 9 THE HONGKONG dollar yesterday rose sharply in late trading to 5.1250/350 against the US unit from Wednesday's 5.1750/820 close here and yesterday's 5.1720/ 60 opening, dealers said. They said trading was very thin with one large buying order partly responsible for pushing the local currency sharply higher after its
        174 words
      • Article
        Asian $ rates
        176 9 Asian rates ASIAN currency deposit interbank rates as at close on April 26: 7 days 1 months 2 months 3 months 0 months 9 months 12 months US DoU*n<8w>t) Ofhr Bid 105/19 103/16 10H 10M 10 13/10 1011/16 10H 10'/i 10 13/16 1011/16 10V. 10H 10V« 10H SwJrt. Dm, (MMk
        176 words
      • Article
        Discount
        7 9 [TTj^n^^vFM Source: National Discount Co Ltd
        7 words
      • Article
        Australia/NZ
        60 9 QUOTES on the Australia and New Zealand exchanges on April 26: AUSTRALIA. US dollar 11*79/1.1031 Sterling 0.5449/03M Ninety-day airmail buying rates: Sterling ***** US dollar 1.14(2 Ntaety-dny forward buying rates: Sterling 0 5507 US dollar 1.U4B NEW ZEALAND: Renerve Bank midrate US&.MX Trading Bank indications: Sterling 0.5129/***** US dollar
        60 words
      • Article
        Frankfurt
        41 9 FRANKFURT exchanges opening quotes on April 26: us umm (ijn/S) CM ***** 35 Stg-J.K6 /875 D F111/22 S Ft-110.30 c Lit-2J4# ao F Fr 43.42 50 N Kr B Ft (coa) (.290 300 B Fr (Oa) (.mid Yen -0.9999 19
        41 words
      • Article
        London
        204 9 STERLING yesterday firmed against the dollar at the opening, recovering partially from Wednesday's sharp fall, while the dollar rased following President Carter's remarks on inflation on Wednesday night, dealers said. The British currency, which was indicated to open here at U552.0390/0400' in line with New York's close, opened higher
        204 words
      • Article
        Tokyo
        120 9 THE DOLLAR for overnight delivery yesterday closed weaker at 217.75 yen, compared with a 218.10 opening and 218.40 at Wednesday's close. The dollar moved between 217.50 and 217.75 yen in fairly active late trading after early easiness, dealers said. Trading was active, with volume US$72O miUkm. No central bank
        120 words
    • Article
      Higher HK rates may not slow M2 growth
      135 9 HIGHER interest rales ehasge the statas «f expected Is eaaae aa in■jsjßjrte stow iswn «f toan Cave said. He tali the Legislative Coaadl an the seeoad reading ef the Exchange Find Bill both factors will have aa ippiipriaki Influence la dae coarse,
      135 words
    • Article
      Untitled
      345 9 BARELY a month after returning from a second visit to China, Overseas Union Rant rfMirmnn Lien Ying Chow is believed to be packing his travel bags yet again for a third to the Middle Kingdom. His first visit to China had yielded an agreement with the Chinese for him to
      345 words
    • Article
      Lock icon Bullion rule hits futures
      782 9 NYT CONFOUNDED by the US Treasury's decision last Wednesday to halve the amount of gold bullion offered at its monthly auction to 750,000 ounces, the metals futures markets spent the rest of the week groping for direction. Some of the confusion was manifested in trading last
      NYT  -  782 words
    • Article
      Charter New York posts 32pc rise in earnings
      319 9 CHARTER New York Corporation, whose principal subsidiary is Irving Trust Company, reported a 32.7 per cent increase in income before securities transactions for the first quarter of this year compared with the first quarter of 1978. First quarter earnings were U5515.64 million
      319 words
  • Page 9 Advertisements
    • Advertisement
      Page 9 Advertisements Column 1
      108 9 This announcement appears as a matter of record only Siderurgia Brasileira S.A. Siderbras Brasil U.S. $100,000,000 Medium Term Credit Facility GUARANTEED BY The Republic of Brasil MANAGED BY THE DAI-ICHIKANGYO BANK. LIMITED THE TAIYO KOBE BANK. UMITED GRINDLAY BRANDTS ASIA UMITED BANCO DO BRASIL S.A. COMMERZBANK AKTIENGESELLSCHAFT PROVIDED BY THE
      108 words
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  • Article
    DEALS DONE ON THE SES AND KLSE
    1374 10 In i Singapore BID and offer prices officially listed and business in and reported to the Stock Exchange of Singapore yesterday with the number of shares traded shown in brackets in lots of 1.000 units unless otherwise specified. All Time Settlement Contracts are
    1,374 words
  • Article
    SHARE INFORMATION SERVICE
    2576 10 IWY9 Hi(b Low Company Laat Sale Ufl Div Div or- C**r SECTION ONE Gra Y*M Net P/K Vol (•000) Day High Low INDUSTRIALS 253 190* 142 180 265 74H 200 332 202 380 207 123* 110 150 265 60 185* 226 177 298 Acma Alcom Allied Choc
    2,576 words
  • Article
    Government bonds
    124 10 4 1/2* 1/8/80 (*****0) (98.378 99 458) 4 3/4% 1 ft/9/80 (*****0) (99.628 99.706) ft 1/4% 1/3/81 (*****0) (100.168 100.258) 5% 1 ft/4/81 (*****0) (99.628 *****) ft% T r 1/6/83 (*****0) (100.108 100.206) ft 3/4% T P I ft/6/81-84 (*****0) (101.706) 5% 13/11/84 (250,000) (100.008 100.058) 7% 1/8/85
    124 words
  • Article
    Stock options
    95 10 STRIKING prices of the options officially listed on the Stock Exchai*e of Singapore yesterday, the period, bids and offer prices and business done. U any. with the number of options traded shown in brackets. CeM Stance (June 52.00) (0.3C8 0.46) C aad C (June $2.«) (0.588 O.SBS) Haw
    95 words
  • Article
    In Kuala Lumpur
    1665 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 IfiTMJSTUALB Afmtmmt (2.608) xall Alee® (I.SB I MS) (1) I.® A Cher
    1,665 words
  • Article, Illustration
    Market picks up some momentum in the afternoon
    556 10 A MIXED patten sf trading prevailed ea the Stock Exchange sf fflappow yesterday. The market was qalet la the meralag tat picked the afteraeea. The spetUght yesterday shifted to relisted Haw Par whlck Is lavelved la a takeever bM for Setran. The
    556 words
  • Article
    Mixed finish for KLSE share prices
    459 10 PRICES at the Kuala Lumpur stock market yesterday closed mixed despite steadier opening levels. Some uncertainty among the traders was evident as suggested by the erratic price movements which surfaced after the first session. As buyers continued to retreat, prices generally closed off-best. Selected
    459 words
  • Article
    Unit trusts
    159 10 amiroKimriiuR (M—guri' prim iter Apr XI) The Commerce 2.25 238 The Saving Fund 134 1.42 S pore Prog Fund 0* 1.03 S pore Sec. Fund in i.m S pore InveM Fund 131 lJi S'pore Equity Fund 0.97 1.02 AAA UNIT' IMflT (Mmgiri* prtew i tor Apr fl) Mai
    159 words
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  • COMPANY NEWS
    • Article, Illustration
      C. Sugars seeks concrete addition to its earnings
      900 11 AN interesting development appears to have taken place in Central Sugars with the recent disclosure of the acquisition of a substantial stake in Pan Malaysia Cement Works (PMCW). Finally acceding to a stipulation of the Kuala Lumpur Stock Exchange, it has filed
      900 words
    • Article
      Ayer Molek first half up
      219 11 HIGHER earnings from its oil palm division combined with better investment income lifted unaudited pre-tax profit at Malacca-based Ayer Molek Rubber Company 8 per cent higher to MJ292,900 for the first six months ended Feb 28. Rubber, which is the main crop grown on the
      219 words
    • Article
      DIVIDENDS ANNOUNCED
      573 11 Current Ex Books Date Total for Total for Payment Date Close Payable the year Previous year Riverview 3% I Apr 10 Apr 21 Apr 28 3% 12% Bedford 30% Apr 17 Apr 27 May 3 30% 25% Austral Ent 10%(n) Apr 6 Apr 19 May 2 20% 20%
      573 words
    • Article
      SCRIP ISSUE
      240 11 Company Particulars Ex Date Books Close Keck Seng Bonus Issue of 1 for S Apr 4 Apr 17 Dunlop Est Bonus Issue of 1 for 5 Apr 18 Apr 30 P. Products Bonus issue of 1 for 4 Apr 16 Apr 26 Ajinomoto Bonus Issue of 1 for
      240 words
    • Article
      PRI lifts pre-tax profit at Ulu Benut
      251 11 ULU BENUT Consolidated Industries (M) has reported a 23.4 per cent improvement in group pre-tax profit to M 5223,021 for the half year ended February this year. The group's improvement follows a 13.4 per cent rise in total turnover to $1.34 million due
      251 words
    • Article
      UOL loan stock
      94 11 united Overseas Land announced that half-yearly interest on its 9 per cent convertible loan stock 1972/ 1979 will be paid on May 31 to Loan Stockholders registered on May 15. The Transfer book and register of Loan Stockholders will be closed from May 16 to May 21
      94 words
    • Article
      MAA gains from lower volume
      526 11 MALAYSIAN American Assurance Company has finally turned the corner after two consecutive years of losses by posting a pretax profit of M 5212,875 for the year ended December 31, 1978. This compares with losses of $111,396 in 1977 and $65,907 in 1976. Since there is
      526 words
    • Article
      Higher export sales boost D and P
      380 11 BUOYED by higher export sales, Dragon and Phoenix (D A P), the Penang garment exporting firm which made its debut on the KLSE earlier this year, continued to make steady progress last year. At M 51.83 million, the group's 1978 pre-tax profit was
      380 words
    • Article
      SEALION REPLIES
      198 11 SEALION Hotels Ltd. in reply to queries posed by the SES on its acquisition of the Nutmeg Road property, says that the consideration of $7.5 million was arrived at by negotiations between the vendor and the company on a "willing buyer-willing seller" basis. The four directors of Sealion,
      198 words
    • Article
      Lock icon It's YHS time again
      437 11 IMSJ33 by HOCK LOCK SIEW IT'S a gMd time time (oops) to take another look at me of the growth companies of oar time, Yeo Hlap Seng, whose stock has been winking its way comfortably past the M M mark into oncharted price territory. At yesterday's
      by HOCK LOCK SIEW  -  437 words
    • Article
      COMPANY BRIEFS
      275 11 ELECTRICAL and Allied Industries Bhd: After-tax profit M$614,717 (loss $192,648) for the year ended March 31, 1978. Turnover was $9.79 million ($11.89 million). Dividend was 10 per cent, tax free (nil) payable June 6 to shareholders registered on April 30. The company said the accounts for the year
      275 words
  • Page 11 Advertisements
    • Advertisement
      Page 11 Advertisements Column 1
      378 11 Yoo T BOOKS ABOUT ASIA The Asia Pacific region has always been a focus of world attention, but at the same time, there is a great deal of ignorance about the region as a whole, primarily because of the cultural, political, historical and other differences that exist amongst its member
      378 words
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  • Article, Illustration
    PSA $400m PLAN TO MEET NEEDS OF THE' 80s
    764 12  -  By GOH ENG KEE THE PORT of Singapore Authority (PSA) has plans to develop new container facilities on Pulau Brani under a $400 million project to cater for the needs of the growing containerised traffic in the 1980s. The plans were
    764 words
  • Article
    Buyer had strong motive says QC
    195 12 A QUEEN'S Counsel, appearing for the vendor in a $2.4-million property sale dispute in the High Court, said the buyer had a strong motive for pulling out of the contract because the value of the property had fallen after the announcement in 1973 of
    195 words
  • Article
    Tax evasion charges
    118 12 TWO RELATED companies in the commodity business and their managing director will be charged in court tomorrow for tax evasion. The companies will face six charges in a subordinate court involving a total of $320,000 while their chief executive will be charged on nine counts involving a
    118 words
  • Article
    Newsprint outlook
    54 12 TIGHT newsprint supplies should loosen enough by 1985 to permit a slight increase in exports from t North America, a Universit ty of Wisconsin professor said on Wednesday. Professor Jon Udell, a specialist in newspaper t economics, said he expects that demand for newsprint I will climb 15
    54 words
  • Article, Illustration
    Lock icon Waldheim's visit
    57 12 UN Secretary-General Kurt Waldheim and his wife (centre) are briefed eo Malaysia's palm eU prejeet at a plantation In Tralah, Perak, ahent tt kilometres north of Knala Lnmpnr, en Wednesday. In treat *f them are twe bunches sf palm sU traits. Malaysia's Land Minister, Abdnl Kadir Yssef, Is
    AP photo  -  57 words
  • Article
    A fair disappointment
    251 12 THIS spring's Canton trade fair is shaping up as one of the most disappointing on record. Logistically it is a nightmare with some businessmen sleeping in conference rooms,' paying exorbitant prices for mediocre food and unable to find local transportation. An apparent go-slow by Canton taxi drivers
    251 words
  • Article
    LONDON STOCKS
    761 12 LONDON, Thurs. Stock prices eased on profit-taking in moderate turnover today, dealers said, and at 3 p.m. the Financial Times index was down 4.? at 548.0. Falls among leading issues ranged to almost 12p while government bonds declined as much as 1/8 point, dealers added. Gold shares were
    761 words
  • Article
    What this region needs to keep on growing
    379 12 A NEW framework for development financing in Asia and the Pacific is imperative to promote and ensure the region's economic growth and development. This view was expressed by Mr Vicente R. Jayme, chairman of the Association of Development Financing Institutions in Asia
    379 words
  • Article
    Sri Lanka aiming for high technology industries too
    282 12 8U LANKA to aet toeUag to flagspm far estlakerattoa merely to these MmMm wklek are top "Altkeagk ear tower totoir ewtf will attract ■eh MmMh," said Mr C. Gaaaslagkam, Sri Laakal first High Cem"weare atoe toShf'to s''higher toekaetogy to Brf Laaka." Mr
    282 words
  • Article
    Lock icon Cabinet went beyond its power
    120 12 AP THE CABINET has gone beyond its powers when it banned indefinitely the import of certain men's and boys' wear, ruled the Canadian Federal Court in a judgment which could hamper Ottawa efforts to protect domestic manufacturers from low-cost imports. Justice George Addy's decision was
    AP  -  120 words
  • Article
    A WSJ report mischievous and slanted, says Ministry!
    354 12 THE MINISTRY of Foreign Affairs has issued a strong denial to a story about Asean's dispute with Australia's International Civil Aviation Policy (leap) carried in the Asian Wall Street Journal last Saturday. The writer of the Journal story had said that Singapore
    354 words
  • Article
    Lock icon Dearer Thai rice
    100 12 Reuter. PRICES of all grades of Thai rice for export have risen by US$5 (S$U) a tonne, in line with the higher price of paddy in the local market, Bangkok trade sources said. Expectations that the second crop will be below earlier forecasts due to the lateness
    Reuter.  -  100 words
  • Page 12 Advertisements
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      Page 12 Advertisements Column 1
      3 12 BEE PAGE 7
      3 words
    • Advertisement
      Page 12 Advertisements Column 2
      167 12 AUSTRALIA AND ASEAN INQUIRY BY THE PARLIAMENT OF THE COMMONWEALTH OF AUSTRALIA, SENATE STANDING COMMITTEE ON FOREIGN AFFAIRS AND DEFENCE. The Australian Senate has referred the following matter to the Committee for investigation and report:'Australia and Asean' It is intended that the enquiry will examine Australia's relations with the countries
      167 words
  • Page 12 Miscellaneous
    • Miscellaneous
      Page 12 Miscellaneous Column 1
      55 12 Outlook for Singapore troiti'6 a.m. to noon today: Mainly fair Report far 21 prtor to 7J pan. April 28 at the •irpwt Maximum temperature 31.2 Associated humidity 70 Minimum temperature 23.0 Associated humidity 98 Hours of sunshine 3.90 Rainfall in millimetres Trace Total rainfall for the month 240.0 Total rainy
      55 words
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  • SHIPPING TIMES
    • PORTSIDES
      • Article
        Lock icon Port modernisation
        62 13 Reuter INDIA'S Shipping Minister Mr Chand Ram said Bombay Port Authorities will have a greatly increased financial powers to order new equipment to speed up modernisation of the port. Mr Ram told a press conference that charges had been increased at Bombay port from April 1 but are
        Reuter  -  62 words
      • Article
        Lock icon Joint order
        118 13 Reuter JAPAN'S Yamashita-Shinnihon Steamship Co Ltd said it has placed an order jointly with the C.Y.Tung group of Hongkong to build two 80,000 dwt tankers at Poland's state-run shipyard at Gdynia. The contract price was slightly above US$l7 million (Ss37 million) for each ship, considerably lower than the
        Reuter  -  118 words
      • Article
        Lock icon No loons granted
        78 13 AP THE Danish government decided on Wednesday against granting Sudan and Burma state loans for the building of four freighters on a crisisridden Danish shipyard. Minister of Trade Mr Arne Christiansen said that even if the order for the four ships could save the jobs for about
        AP  -  78 words
    • Article
      Putting the sea in career planning
      736 13  -  By RAHIM KASSIM SHIPPING and port activities lie at the very foundation of the Singapore economy and yet Singaporeans shun the very challenging seafaring career. This is about the only negative factor in the industry which must be rectified if Singapore is to develop
      736 words
    • Article
      Lock icon London freight market
      139 13 UPI TRANS-ATLANTIC round voyage bookings remained popular and nek business Included the Dreyfus payment of USs7(stiijm) day ta the 41,ttl dwt Grecian Spirit basis April-May delivery at Brake. Anetker attractive rate was tke $B,MI a day obtained by tke 38,2M dwt Irenes Success for a May trip
      UPI  -  139 words
    • Article
      Lock icon Demand picks up on freight market
      611 13 AFP DEMAND picked up last week on the freight market, after the post-Easter lull but fixing was restricted by the gap between charterers' and owners' ideas of rates. The time section again proved to be the busiest, with the Chinese still actively seeking tonnage
      AFP  -  611 words
    • Article
      SHIPPING LIST where your ships are due...and when
      2308 17 SCHEDBLB A guide to ships loading at Singapore for Ports around the World .The list below tabulates, by port of destination, the name of the ship, the shipping line involved and the estimated dates of arrival and departure from the Port of
      2,308 words
    • Article
      INDEX
      516 17 SUpplagUM Page CM ACS n 5 Afea IV 3 Alfred V 4 Alpac IV 5 Angkutan IV 4 ANL I 1 APL m 2 Arya Nat n 5 Asia Merchant V 5 ASCL m s Atlas V 2 Aust.Cont IV 5 Bank n s Banner V 1 Batam IV
      516 words
    • Article
      Container Schedules
      799 18 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO AT CONTAINER TERMINAL 1 NB. (l) Each vessel's estimated time of arrival is advised by the Shipping Line/ Agent and is subject to change to the (2) All export FCL containers and LCL cargo must be delivered Authority's premises during
      799 words
    • Article, Illustration
      Wormald extinguisher wins over the US Navy
      628 18 AN Australian company has won a series of major contracts for the supply of fire protection installation from the United States Navy. It is the largest US Defence order of its kind ever awarded to a non-US group. The orders are for fire
      628 words
    • Article
      A new breed of ships takes to the seas
      737 18 NO more brawling, harddrinking sailors headed ashore for fun at least they won't be found on the new model tramp freighters the owners prefer to call cargo ships, "supercarriers", in fact. The end of the rough and tumble stereotype of the
      737 words
    • Article
      Lock icon LINER TRADE CODE MAY GET AN EEC BOOSTER
      364 18 Reuter COMMON Market agreement to a liner shipping code giving developing countries the right to carry up to 40 per cent of their non- bulk trade could be announced in Manila next month. Sources in the cabinet of EEC Transport Commissioner Mr
      Reuter  -  364 words
    • Article, Illustration
      On-the-job trainees
      157 18 KEPPEL Shipyard has saeeessfally trained a iemd gmp af trainees tram hdunin shipyards aider aa agreement betweea the yard aad the Department af Sea Cemmaaleattoa «f lad—e sla. The agreement, signed last year, is a testimony fa the degree af teehaleaJ expertise that have heea hallt ap by
      157 words
    • Article, Illustration
      SHIPS IN PORT
      460 18 EXPECTED ARRIVALS TODAY KEPPEL WHARVES Prima King (after La Rioja Bulk Wheat) 6/7 Rajah Brooke (1C00) 20 Ramooeverett (after Hague Maru) 13/14 Rantau (Tanker) (300 P/O) 15 Vtshva Mohini (after Scapbreew sails) 35/36 P ASK PAN JANG WHARVES Aaean Progress (after Selamat Datang) CB 6 Gdns. 303
      460 words
  • Page 13 Advertisements
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      Page 13 Advertisements Column 1
      368 13 r A Nedßoyd Lines r Call us We call the world Agents: Nedlloyd EAC Please refer to page 3 <sg» lAK I) I\ I AMAH FULLY CONTAKRfSED SERVICE TO EIROPE (VIA SUEZ) CrtVALBI RO2E 13* KOREAN JACEWON 2W" H KONG CONTAMR ISM MERCATOR UN ORCNTAL CHEF 14W S SEAS BROGE
      368 words
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      Page 13 Advertisements Column 2
      306 13 SEALORD |U ANTAH M UASC All vessels ***** DWT, 105 TON H .L. Derrick 288 TEU Capacity, Long Length Capability ■ARABIAN GULF WEEKLY SERVICE! Vessel S pore Loading for IaNIIWM BN QUTABAH Kuwait (11/5), Damnum (17/5), Doha (19/5), Dubai (21/5) Kuwait (15/5), Dammam (18/5), Bahrain (22/5), Doha (25/5) Dubai (23/5).
      306 words
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      Page 13 Advertisements Column 3
      140 13 Leader...Pace I II XL* aEGI FULLY CONTAINERISED SERVICES: FAR-EAST/EUROPE Y CONTAINERISED SERVICE TO EUROTE (VIA SUEZ): S port P Mtoof F slow Ham IHUni Jftarf I HQS [SaM h fort! 17 Ma, 13 Ma, U May li Ma, I MCnmit 2Mm 3M*, "Ma, 19 May 70 Ma, 77 Ma, I
      140 words
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      Page 13 Advertisements Column 4
      583 13 a st class transport Agents: Nedlloyd EAC For further details, please refer to page 3 Scan Dutch MAERSK LINE Fat U.S. Paohc. Paoht WorMi Wart. GaM 4 Mtetoc mi East Caaada arM Mtuco (Also acceptmj tor Hongkong Taiwan tapir and Aorea) ZJH/4 a/4-1/5 4-7/5 74/5 11-14/5 14-15/5 Smppore Ctosa* Taats
      583 words
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      Page 14 Advertisements Column 1
      758 14 Kawfa Hint Main (ktMn Kwama Mara *—I Eiprcu HwfkMt Eiptu I 4/6 6/6 EXPRESS CONVENTIONAL TO EUROPE S'pn PKttanf 4/5 5/5 ft* Bfeao Ganoa Ht*t ftwn Rdaa 8/5 28/5 10/6 8/6 5/6 Ma 6 5 8/5 U/5 5/6 16/6 14/6 FULLY CONTAMEMSED TO GENOA/TRtSTE ChnAi «M P. Cinu 38/4 18/5
      758 words
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      Page 14 Advertisements Column 2
      426 14 D ipra m* u mi i m,n m*« h|B v mi mi» «w» mn i mil hra •mi tai l tail -m i Ull2 tag 1 tag 11 N s |ta| tagii am tain tai It- '"IP"T^I OMismi fIEAC) f (EAC) VM 2130/5 30-l/« 13/« 4-5/G M/J 9-10/t 11 12/1
      426 words
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      Page 14 Advertisements Column 3
      512 14 0 m EVERGREEN LINE AR {AST EUROPE fXPRESS FULL CGNIAINfR bfRUICF ACCEPTMG CARGO FOR HAMBURG FELIXSTOWE. ROTTERDAM. ANTWERP LE HAVRE ALSO ACCEPT KG CARGO FOR UNITED KNGOOM SOUTHAMPTON LONDON MANCHESTER. BMMMGHAM BRISTOL. LIVERPOOL. GLASGOW LEEDS WEST GERMANY BREMEWttVEN HOLLAND AMSTERDAM f ■*!>»■ I IMtartai Mn| U Havre IwW 29 Apr
      512 words
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      Page 14 Advertisements Column 4
      810 14 Everett Lines lam Fhrt Star Shipptef Carpn. 'BURMESE NATIONAL LINE" iomb rot mmm BFSSC Agent* m Motovs-O TEPS MALAYSIA Port Ketong Tel (38V7355 Panong T«l *****/***** CompMNt ArMHtiM D« IntarcontinMitsl S. A. C.I.F. "ARGENTINE NATIONAL LINE" LOADMG FOR DURBAN. CAfCTONN. BUENOS AMES Sbiapari P. Katai( P an* I AMEMTMA 14/17
      810 words
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      Page 14 Advertisements Column 5
      760 14 mo.s.E.^ OCEAN SHIPPING ENTERPRISES PTE LTD RM 2 102 103 2 IST FLOOR MARINA HOUSE SHFNTON AAV MISTRI ROAD SIN(.APORF 2 TFL *****44 *****70 131 SANKYO LINE AUSTRALIA SERVICE LOOSIK ACt. IMY CMP MAT SKY 4/5 May 6/7 May SYD, MEL. (AOGL) 10/12 May «/»May SYD. KL. AOEL 17/11 May
      760 words
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  • Page 15 Advertisements
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      Page 15 Advertisements Column 1
      858 15 OCL Overseas Containers Limited 1 SBMCE TO M/CONTIMT: imrg ram Sim IM IMb >M| La Newt UX bM kw Ukr 20** (amr)um, *"J*" 20 May 22 toy 23May 25 toy XMn **»r. «May 2(Mey 2«May 29May HMey 24 Ib, Own* Bay JHrp Ilk) 2tlkf lllk) Ila 3ln 4ln •"■"V ISMay
      858 words
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      Page 15 Advertisements Column 2
      982 15 T\ GRANARD LINE :l I* V If i f."! 1! > i >vf': i NEST BOUND-FM EAST/MEDfTERRNCAN Span Plato* PMMg laotw tor MV MM M *2M_ MV MLM im M* MM MB *27*. a Apr MMi/P Sari Naanfria/Owrrt/laltaMa P*CMVTnp*/aMoan MM/r Sudan; P.SaM/Noaoina/ Bamt t imassol, Lattakia' Pnoos/Tr«oh/BMgkaa/ btaobol Mtak/P Sat!
      982 words
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      Page 15 Advertisements Column 3
      760 15 T y>j BEN LINE CONTAINERS Br*m*« (iprcss Howtoo" Bay Eipren Kmakora Mar* ewrrs com wo service to/rum iworc M BURC IHMH KMM HAWK SOTO S P Mm| wCwMany'Antna Antmr» Franc* MUI *4id to Port 11/5 20/5 21/5 »/j, it/ 71/5 72/5 23/5 75/5 7*/ 4/5 24/5 20/5 21/5 31/5 24/
      760 words
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      Page 15 Advertisements Column 4
      470 15 n Scan Dutch V WEEKLY EXPRESS CONTAINER SERVICE lll*lOMllltqll iv* ttn a/4 b/i n/s .pmmi y.vii Jl:i»ja.W7.l7J3»7ini^irrvzyi IBKJM faM MM MM Uri M ,J5 .JJ f I* MM kM 2V4 i/S }|/j 17/j 2/4 3/4 VJ 1) MMSWMOfe,MM 3) »M au a mm* »mn ra/ra MmiiMu cm* m *mm« t
      470 words
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      Page 15 Advertisements Column 5
      512 15 ir BOUSTEAD SH,PPING AGENCIES THE BANK LINE LTD LOADS FOR E. S. AFRICA Co**. U*) S port 77/11 lb, t Ma« 1/3 tm FROM (AST t SOUTH AFRICA pcmm r FOR BANGKOK. MAMU LVKES ORIENT LINE U.S. GULF COAST SERVICE (New Orleans, Moble, Houston, Galveston) Sitppart MUM* Pm« US Gtf
      512 words
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  • Page 16 Advertisements
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      Page 16 Advertisements Column 1
      797 16 K LINE KAWASAKI KISEN KAISHA. LTD. Spore C RO2E 13W I Sailed KOREAN IACEWON 2W 2 May HK CONT/UNER IS* 10 ML, MERCATOR lIW IS Ma, 0 CHKF 19 May TO EUROPE Keiang L Ha»re R dam (b Port 13 May 14 May 3 May 19 May 20 May U
      797 words
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      Page 16 Advertisements Column 2
      776 16 N.S.A./EAST CANADA SERVICE acceptrk ra/ia commas, hum penahe. p mm. rrm load* tar KM TOW. KVQU E.C./GREAT LAKES SERVICE IOAOBC FOB: «W TOM. NORfOU. ML TUCK PHLAOELPMA. MONTK*. TORONTO S/tlkl n/i am u/u My ivi7 My wnm, S/smp CALfOKMA/PACfIC NORTH WEST SERVICE Im*| Mr 101 MOB. UN FIAMQSCO. SEATTLE. TKOHft.
      776 words
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      Page 16 Advertisements Column 3
      389 16 r '*7 >| i > SINGAPORE SHIPPING AGENCIES PTE LTD .'C T HGOM OCEAN BuuD'NG S>>NGAPO"f VABxfT'NO 9i 11.. 3 UNESi GENERAL 9' J' 11 4 L INE Si Ulfi OS RS 2Sf»fe« A a CABSHIP»CABi.f C ABSOSMiP V. I JK. S/SGAPORH ISI.A XDS USH jT)).i.iniiyiAj.iwin»«.«»iiiu.K MIDDI t t AST
      389 words
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      Page 16 Advertisements Column 4
      586 16 ,mi*YSIAN *TfKNAT)OML SUPPING CO*PO*ATIOH »f*HAD EXPRESS FULLY CONTAINERISED SERVICE TO/FROM MED/UK/CONTINENT/SC ANDINAVIA DMECT CMi AT P «UNG Ma t For 1) Mcetona Gaaoa. 2) PmUmtm Wm» I Nrtaw, AoHvv CaawMl" tMaaki 4) *Act*tfaat Caraft carp toe Mar na S tar* CAST BOUND: EXPRESS CONVENTIONAL SERVICE TO UK/CONTINENT T| Ma* Spo«
      586 words
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      Page 16 Advertisements Column 5
      534 16 t INTRfISCfI (PTE) LTD. .Ibe f House 2 3-3E o'ch.vcJ Road Singapore 9 Telephone *****11 23S40ST t*: Kansai Line STRAITS/AUSTRALIA SERVICE 7D S^apofe P KeU^ ORTUNERUJ 9 Mar 12 May Sydney/Meßxwrne/ hmo (fit) ire -an mmm iumi 8 Uap» 10 SfW I TtNMK *****4. 4M742. 488(71 ALPAC LINE SOUTH AFRICA
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  • Page 17 Advertisements
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      Page 17 Advertisements Column 1
      255 17 EGYPTIAN INTERNATIONAL LINE (EIL> EGYPTIAN Fl AG FAST AND DIRECT UNER SERVICE TO EGYPT (PORT SAD ALEXANDRIA) STORE PT K£L POMN6 PT SUE 2 PT SAD ALEX yii— t kiU I*B Mr* 9 Sflfcfoct ndKMmH IMTMIB CARGO PUASf CONTACT SOOKOt SMGAPOUE -TU *****11 [aTTTTTu pjGENCRAL XGENTS: L.N. SHIPPING PTE LTD
      255 words
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      Page 17 Advertisements Column 2
      158 17 .FAR EASTWEST AFRICA SERVICES CONTAMER BULK SERVICE TO LAGOS/UAH, PORT HMCOURT, TERM, MONROVIA GMt ALSO ACCEPT CARGO FOt CONAKRY NOIIAKACHOTT AMD NOUAOHBOU MTN TRANSHPIOT AT MOMMA ON ON TWOUGH S/l FRATA SMTPM6 PTE. LTD 3M6APOK. TEL Z72SIM OOD-SUMBER (S) PTE LTD MS Klf. CUM HOIS IW-142, MHO* M> STOB ID:
      158 words
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      Page 17 Advertisements Column 3
      237 17 J WEST BOU !£td I WEST BOUND LOAOMG FOR MUSCAT. DUBAI ABUOHABI BAHRAM. KUWAIT OA £T0 mm Dl vJiV l *"»>'*■ "*> Kk, n% IMIBOI DNOT (IK) 3MKAPOK/CWTTAGON6-RANGOON SONKf fOi H» CMTTMONB 1) Apr 110 IS Apr n» mnboor it Apr no n Apr SMGAPORE/AUSTRALIA CONTAMER SOURCE IU ETD LOMWC
      237 words
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      Page 17 Advertisements Column 4
      108 17 ALFRED C. TOEPFER LINE REGULAR SOIVICf TO tEHTERRMCAN PORTS OF (TUT, SPAM, FRANCE TUBER SERVICE S'para P. Rtae OMarfe Parti 21 24 May La Spa*. MmMmm. limßmODfil TRBfIiPORT \X-SA!VI ICR Ll!\tS I KORINS MARHIMf SCRVICFS PH lID MH (IOOP lI,P Blil*DlNl, AS' SlNi.ftP »PI HI .VlM.'.' 1 Pot **1 lntp
      108 words
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      Page 17 Advertisements Column 5
      100 17 CELTIC BULK CARRIERS Regular Bulk B«rviet For Timbf Plywood DEVON GTt fl WTI ijr? n/f" \OSf*!W VMtOUNI CITY FE wr* 2t/5 canc fc vor 3 is/c TUUtT, ME HMM/NMM. *y Pto Ltd Spor* T«fc j P. Kdm T«fc ASIA MKRCHANT M A RINK bukmcc WW* 15/5 11/5 Dm. UMVERSM. fttIGHT
      100 words
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