The Business Times, 17 March 1979
1979-03-17
1
16
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The Business Times
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Title Section10 1979-03-17 1 BUSINESS TIMES M.C.(P) No. IM/1/1I SATURDAY, MARCH 17,1179 50 CENTS10 words
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BRIEFLY...
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Article68 1979-03-17 1 AP. LONDON, Fri. The price of gold surged ahead by up to US$4 an ounce this morning, while the dollar was marginally firmer in quiet trading on European markets. Dealers attributed the gold impetus to general firming of metal prices rathar than any specific influence on bullion. InAP. - 68 words
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Article76 1979-03-17 1 Reuter. TOKYO, Fri. The Tokyo Stock Exchange (TSE) said it will ease margin trading controls over most stocks from next Monday to encourage the current sluggish market. Margin requirements for all stocks, except six whose margin requirement remains unchanged, will be lowered to 50 per cent without cashReuter. - 76 words
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Article79 1979-03-17 1 Reuter KUALA LUMPUR,Fri. The International Transport Workers Federation (ITWF) has informed the Australian Council of Trade Unions that it has approved the release of the Malaysian Airline System DC-10 now stranded at Sydney airport, Mr P. Narayanan, president of the International Confederation of Free Trade Unions, said hereReuter - 79 words
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Article55 1979-03-17 1 Reuter PEKING, Fri.— China announced tonight it has completed its troop withdrawal from Vietnam and Foreign Minister Huang Hua said he hopes the two countries can now settle their disputes through negotiations. Noting Hanoi had agreed to talks on completion of the troop withdrawal, Mr Huang said: "ThisReuter - 55 words
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Article67 1979-03-17 1 UPI BRUSSELS, Fri.— The EEC today mourned the death of its spiritual father, Jean Monnet of France. Earlier this week, the Community's new European Monetary Scheme (EMS) went quietly into operation. This and other steps that have built the EEC into an established political force and theUPI - 67 words
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Article52 1979-03-17 1 UPI WASHINGTON, Fri. American industrial output rose a modest 0.3 per cent last month, a slight improvement from January's flat performance, the Federal Reserve Board said today. For the second straight month, output was adversely affected by poor weather in some parts of the country and by slowerUPI - 52 words
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Article62 1979-03-17 1 UPI. NEW YORK, Fri. The stock market was mixed early today in moderately active trading. The Dow Jones industrial average, which gained 1.65 points yesterday, was off 1.12 points to 845.89 around 11 a.m. Advances led declines, 502 to 382, among the 1,393 issues crossing the stock exchangeUPI. - 62 words
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Chief Price Changes
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Article129 1979-03-17 1 Rises Most Active Sthn Malayan 1430 180 H Par 395,000 Seacorp B Sembawang Sungei Beai 850 334 890 50 41 30 S Darby UOL 340,000 280,000 T Harbour 380 30 Setron 237,000 Stbn Kinta Island Pen Msian Ctainers 635 330 180 20 18 7 Total Turnover: 4.34m Total Value:129 words
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Article, Illustration136 1979-03-17 1 Rises Most Active SEA Corp 855 50 S Darby 239.000 Bt Semb 336 41 H Par 203.000 T Harbour 384 28 Consplant 193,000 Sthn Kinta 650 20 K L Kepong 145.000 Mai Tin Aust Ent 1420 336 20 16 Total Turnover: 2.48m Kg Lanjut 240 15 Total Value:136 words
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Article310 1979-03-17 1 BRITISH Airways is beginning to feel the pressure for seats on its daily London-Singapore-Austra-lia flights less than two months after cheap fares were introduced. This was anticipated even before the cheap fares were sold and it proposes to reschedule its flights on this route.310 words
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504 1979-03-17 1 FONG MEW LENG - SMA AT VANGUARD By FONG MEW LENG THE Singapore Manufacturers Association is seriously considering setting up a joint export consortium to promote the exports of selected industries. The plan for the consortium is part of a more effective scheme to coordinate and promote the504 words
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564 1979-03-17 1 COLIN CHEE - By i COLIN CHEE TWO OIL companies with refineries in Singapore, Esso and Mobil, are planning to invest a total of $17 million in energy-saving equipment here. Esso Singapore's planned investment in such facilities will be |7.5 million for this year, while564 words
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Article183 1979-03-17 1 THE ISRAELI General Federation of Labour is planning preventive measures against future harassment of Singapore ships at Israeli posts by regional operations of the International Transport Workers' Federation. In a rather apologetic statement to Singapore Ma- tional Trades Union Congress' secretary-general, Mr Devan Nair, the Israeli labour federation's183 words
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264 1979-03-17 1 Reuter THE PRIVY Cwudl is Leadea m Tharsday alI awed ma appeal by Uatea Carbide Slagapere Private Lid agalast a Bhppere appeal eeart declalea thai the eempaay's expert prsflte eeald be redaced by the dedacttea at capital altowaacea. The tax aaaeaameat aaReuter - 264 words
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Article437 1979-03-17 1 ARTHUR NG - By ARTHUR NG M AND G Investment Limited does not believe in selling a share just before the main recovery is due. This investment philosophy as voiced by the largest unit trust in the UK is stated as the main reason why it437 words
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Article68 1979-03-17 1 BUKIT Sembawang Estates has proposed a capital repayment of 75 cents for each $1 ordinary share subject to approvals by shareholders and the Singapore High Court. It also proposed to make a bonus issue immediately following the capital repayment to restore the issued capital of the company68 words
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Page 1 Advertisements
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Advertisement11 1979-03-17 1 SINGAPORE BUSINESS The Business Maga/me SEE BACK PAGE SEE BACK PAGE11 words
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Advertisement105 1979-03-17 1 Leader... Page I 11l I LW m au w irSTiMEYDUOWIE 7b RWIMST. Chances are that at Pan-West we have just the right equpment to help improve your game At Pan-West we stock the finest range of top quality golfing equpment. Confidence. Honma, Lynx to name a few Drop in on105 words
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Advertisement68 1979-03-17 1 Mas LEISURE TIMES MURATA dMbks its invest- SUPER tfaper ways «f plfiiriif mart tore., 2 stoppers «j IT pays to etoae rob to mar- TREBLING «fnvtogs aeeauto kettog I mi DBS HU A jg|w« hit wari m Ttkya BOUSTEADCO tmkm HCB a UNCTAD V: lie ehalleaget I TUG-«f-war f«r stoat68 words
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Advertisement44 1979-03-17 1 COPIES ANYTHING. FITS ON A TABLE TOP MINOLTA EP-1 SEE BACK PAGE sheer iMPossmammn CQMETOCONTI FORTHE REAL POSSIBLE "''t V V 1 V J*'#*-' •DIAMONDS •JEWELLERY •WATCHES •IVORIES •CURIOS •PENS •LIGHTERS •PERFUMERIES LUCKY PLAZA LOWER GROUND 2 4k 3 SWGAPORE9. TEL: *****11 h 244 words
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TRADE AND INDUSTRY
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Article449 1979-03-17 2 FOO CHOY PENG - REACHING $13M By FOO CHOY PENG MURATA Electronics Singapore, a major Japanese electronic component manufacturer, will double its investment here by $6.5 million to about $13 million, said managing director Tsuguo Sato. The move is a reflection of greater confidence in Singapore's economic climate and449 words
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Article206 1979-03-17 2 THE Singapore Meteorological Services Department has obtained special equipment to gather weather data of the upper levels of the atmosphere. This device is being installed in three of Singapore Airline's 8747 aircraft. SLA will be the first Asian carrier to have its wide-bodied aircraft equipped with206 words
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155 1979-03-17 2 THE PACKAGING council of the Singapore Manufacturers Association will organise a talk and forum on "design for selling" this Thursday at the Apollo Hotel. First will be a discussion on the development of a "Made-in-Singapore' identity for the country's products. The next discussion is155 words
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Article88 1979-03-17 2 THE SINGAPORE Training and Development Association is organising a threeday workshop on "Organisation development" at the Hotel Equatorial. The workshop will be held from March 29-31 and led by Mr Ho Ah Chuan, training officer at British Petroleum, and Ms Eliza Quek, personnel officer at Esso. The workshop88 words
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Article, Illustration161 1979-03-17 2 A NEW Toyota b km, ud Ike first shlpmeat here has bees sold eat. He sew model, Tercel is iaaacked la SUgaptre today by Its ageat, Borneo Motors. A spokesman said toe response to toe Tayato Tercel PARF) is very eaeaaragfrg, considering that there has beea ao161 words
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274 1979-03-17 2 LOCAL companies venturing into foreign markets could profitably learn a thing or two about effective marketing cooperation from a small sales conference which ends today at Hotel Royal Ramada. Three European companies making highly specialised medical equipment decided, a year or two ago, that274 words
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315 1979-03-17 2 SINGAPORE manufacturers extended a warm welcome to the formation of the Ministry of Trade and Industry yesterday. The chairman of the Singapore Manufacturers' Association, Mr Michael Yeo, said: "In an exportoriented ec&nomy, it is imperative that there should be greater integration of the315 words
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231 1979-03-17 2 THE British Tourist Authority plans to open a representative office in Singapore next year to meet the demands of the increasingly sophisticated South-east Asian traveller. This was announced in Singapore by the deputy director-general of the British Tourist Authority, Mr. Frank Kelly, at the231 words
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Article96 1979-03-17 2 A TALK on bio-feedback and its use in medical therapy will be held at the Singapore Professional Centre from 2 pm to 4 pm today The speaker is Dr. Sim Meng Kwoon, a lecturer from the department of pharmacology of the University of Singapore. Bio-feedback has been de- scribed96 words
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Article127 1979-03-17 2 K.H.Consolidated Industries (KHCI) of Australia and a local businessman has set up a joint venture here to produce roofing covers, wall claddings and structual floor decking profiles. The Jl-million company, K.H.lndustries (SEA), in Jurong will become operational in May. KHCI has an 80per cent127 words
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Article525 1979-03-17 2 COURSES AND TALKS Feb 5-Apr 14: Diploma in Life Insurance, SITC, SITC Mar 1-31: International Labour Organisation residential course, RELC, ILO of Singapore. March-July: Personnel Management Concept Scope and Functions, Holiday Inn, Personnel and Organisation Development Mar 5-23: Port Administration and Operation Course, PSA Conference Hall, PSA Mar525 words
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Article207 1979-03-17 2 THE SECOND Annual Assay Commission began work yesterday to test and examine the coins struck by the Singapore Mint last year. The same members were re-appointed for another year. They include Mr Justice Sinnathuray (chairman), Mr Han Eng Juan, Mr Tjio Kay Loen, Mr Sia Yong, Mr207 words
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Page 2 Advertisements
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Advertisement163 1979-03-17 2 GUTHRIE BERHAD (Incorporated in the Republic of Singapore) PRELIMINARY ANNOUNCEMENT OF RESULTS FOR THE YEAR ENDED 31 DECEMBER 1978 The audited results of the Group for the year ended 31 December 1978 are set out below. Guthrie Berhad, the Group's holding company, derives its investment income from dividends from its163 words
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Page 2 Miscellaneous
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Miscellaneous628 1979-03-17 2 TWO-IN-ONE CROSSWORD CRYPTIC PUZZLE ACROSS 1 I rushed outside when seen (5) 6 Beat what you're cooking? (5) 9 Monstrously green—eyed? (7) 10 Sportsmen's sadness (5) 11 Cleaning woman with a lot of appeal (5) 12 Sticky sailing manoeuvre a yacht commences (5) 13 Part of the leg of father's628 words
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Page 3 Advertisements
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Advertisement349 1979-03-17 3 SOUTH EAST ASIAN BANKING AND FINANCE 19TH 20TH APRIL 1979 Sponsored by Financial Times and Business Times The Financial Times of London, in association with Business Times, a member of The Straits Times Group, is organising a conference on SOUTH EAST ASIAN BANKING AND FINANCE to be held in Singapore349 words
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RAW MATERIALS
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279 1979-03-17 4 THE Rubber Association of Singapore (RAS) may consider extending its activities to include other commodities like coffee, palm oil or sugar, depending on its consideration of a report by a US consultant. Rubber sources say that the RAS is expected to study the report by279 words
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425 1979-03-17 4 WORLD coffee production is expected to total 74.4 million bags, 100,000 fewer than the forecast for the 1978-79 crop, the US agriculture department said on Thursday. The department's foreign agricultural service, in its fourth estimate of the season, said the harvest still is425 words
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Article215 1979-03-17 4 AP INDICATIONS that negotiations on the new. Third International Cocoa Price Stabilisation Agreement might start in July became apparent on Thursday as the council of the International Cocoa Organisation began talks. Discussion of a timetable for resumption of negotiations on the pact was the mainAP - 215 words
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302 1979-03-17 4 Reuter WEST European imports of oilseeds in first quarter 1979 are expected to decline by around 200,000 tonnes to 3.83 million tonnes from 4.03 million in first quarter 1978, Oil World, the Hamburg based publication, says. In its latest market analysis, it saysReuter - 302 words
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Article302 1979-03-17 4 Reuter THE estimated tonnage of contained copper exported in various forms from Australia in 1978 fell to 123,000 tonnes from 141,150 tonnes in 1977, the Bureau of Mineral Resources said in Canberra. This represented a decline to 56 per cent of domestic copper mine production ofReuter - 302 words
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235 1979-03-17 4 AP. Reuter A THREE-DAY-OLD strike against the Southern Peru Copper Corp spread on Thursday to a second mine despite a government deadline for returning to work. The government declared the strike illegal on Wednesday and ordered some 3,500 miners to return to work byAP.; Reuter - 235 words
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Article309 1979-03-17 4 OPENING prices on the Singapore rubber market yesterday were marked up 3.50 cents following steadier London advices and afterhours firmness here on Thursday, dealers said. Some early selling reduced levels by one cent before firming again after midday on April demand, speculative and trade buying. The morning session closed309 words
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Article374 1979-03-17 4 Prices In cents per kilo yesterday: Noon (per kilo) Buyers Sellers Int. 1 R.S.S. prompt f o b. 252 75 253 75N Int. 1 R.S.S April 253.25 253 75 Int. 1 R.S.S. May 253 00 253.50 Int. 2 R.S.S 248.50 249 SON UK/Coat. 247.50 248.50N Int. 3 R.S.S.374 words
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Article122 1979-03-17 4 NOON SSR and SMR price yesterday RA8 April May (Carreat Mth) (Pol ■ward MU) SSR 20 Bayers Sellera Bayers Sellers (l-U mi pallet) 245 50 247 SON 246.50 248 50N SSR 50 ll-U •n pallet) ***** 244 50N 243 50 245 SON MRELB SMR CV (l-U mi122 words
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275 1979-03-17 4 PRICES ranged within six cents in mixed and uncertain conditions and finally posted a small recovery on balance, says Htlldty, Catler, Bath 4 C*. in its review of the Malaysian and Singapore rubber markets for the week ended March 15. Markets initially took their275 words
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Article69 1979-03-17 4 C.I.F. North European ports. In US dollars per ton unless otherwise stated. LONDON: Malaysian SHffa bulk per tonne May Sumatra 5% ffa bulk March April May June July Nigeria 5% ffa bulk stg ROTTERDAM: Sumatra Max 5 April ZairefBelg francs per kilo) Thurs Previous 672slr 660s Ir unch69 words
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Article190 1979-03-17 4 YARN and cotton prices were quoted as follows in Hongkong yesterday: (la HX dollars, spot ex-godown) CaOaa yarn: China Blur Phoenix 2te 2.430, 32s 2.970; 40s 3,120 (perbele of 400 lbs). ntt I"*": China Butterfly and Clobe brand unq. Dragon Head unq; Five Lambs unq: Flower and Butterfly unq.190 words
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Article71 1979-03-17 4 THE STRAITS tin price in Penang yesterday rose Msl4 to $1,970 per picul, to stand 1270 ringgit above the International Tin Agreement ceiling, dealers said. Prices rose following a firmer London overnight levels, together with strong Japanese and local demand. A smaller tin ore delivery also pushed values71 words
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Article30 1979-03-17 4 Rubber: March 16 Singapore: April: 252.75 cents (up three cents) Malaysia: April 255.75 cents (up 2.50 cents) Tin: $1,970 (up $14) Official offering: 185 tonnes (down 65 tonnes)30 words
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Article362 1979-03-17 4 TRADING conditions on the Singapore produce market yesterday was dull and featureless with business contracted only locally on consumer accounts. Foreign demand was limited to certain commodities which, at best, held steady. Pepper prices tended lower again just to get in line with levels prevailing overseas. By now,362 words
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Article306 1979-03-17 4 SINGAPORE: Yesterday's closing prices in S$ per kilo, ex-godown: THAI WHITE: 100 pet first class (Kangaroo) new crop 0 96. 100 pet second class 0.85. 100 pet third class 0.83, 25 pet new crop no stock. B-10 pet 0.75 THAI BROKEN: A-super 0 62. Special 0.56. THAI RICE: 56306 words
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Article799 1979-03-17 4 OILSEEDS: Brokers said edible oils were firmly held on export activity but early reported trade was relatively quiet yesterday. April deliveries of Dutch soybean oil traded 2.50 guilders higher at up to 133.50 guilders F. 0.8. ex-mill scaling down to 120.50 guilders for November/January. May shipments of crude799 words
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Article159 1979-03-17 4 TRADING on the sugar futures market yesterday continued the recent quiet trend with no trades registered throughout the day, dealers said. May closed at 8.68/70 US cents against Thursday's 8.63/70 close. July at 9.00/05 against 8.99/9.10 and the distant March at 9.95/98 against 9.95/10.07 cents. Sugar futures closing159 words
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Article214 1979-03-17 4 CHICAGO soybean futures closed higher after staging a late rally in concert with silver futures on Thursday. Prices added nine to 3 Vt US cents a bushel. Gains came early on commission-house buying and reluctance by locals to sell. Prices kept moderate advances in quiet trade until the final214 words
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Article193 1979-03-17 4 WHEAT futures in Chicago on Thursday were pushed sharply higher at the close on moderate mixed buying in the face of light offerings. Prices settled 8V« to 1V« US cents a bushel higher. After opening lower nearby due to heavy overnight deliveries, prices headed higher in early trade on193 words
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Page 4 Advertisements
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Advertisement163 1979-03-17 4 A gathering of top executives. t n\VU\ The HAR\ARI) that will change the jou think. yg e* r," The Harvard Business School Aiumni Club of Malaysia is organising a Senior Executive Development Program. The Program will be conducted along the lines of the well known "case method" developed by the163 words
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OVERSEAS
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Article725 1979-03-17 5 ARRIVALS Service Local Operator Number Time From SIA SQ913 0015 HKG SIA/BA l SQ/BA17 0700 LHR/BAH MAS MH601 0700 KUL MAS MH682 0725 KCH SIA SQ101 0815 KUL MAS MH621 0640 PEN MAS MH607 0645 KUL MAS MH671 0945 PEN/KUL CAL CI806 1000 HLP CPA CX710 1005725 words
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Article, Illustration502 1979-03-17 5 UPI THE WHITE House on Thursday scotched rumours that Israel and Egypt might sign their peace treaty in Washington as early as next week, noting that some work including details of a multi-billion dollar American aid plan remains to be resolved. Israel has sent DefenceUPI; UPI photo - 502 words
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Article697 1979-03-17 5 BILLION-DOLLAR CONTRACTS AP THE CHINESE Communist Party Chairman, Mr Hua Kuo-feng, said China will honour two to three billion dollars worth of Japanese plant import contracts which were frozen late last month. Japan's Kyodo news service, in a dispatch from Peking yesterday, said MrAP - 697 words
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Article160 1979-03-17 5 AFP THE European Parliament has asked the European Commission la Brussels to establish a delegation in CUaa to provide diplomatic representation for the European Economic Community (EEC). In a resolution recommending greater economic cooperation between the EEC aad China, the European Assembly also proposed setting up aAFP - 160 words
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Article, Illustration413 1979-03-17 5 EXPECTED ARRIVALS TODAY KEPPEL WHARVES Centaur (1730) 1/2. Dong Yun (1500) 6/7. Ever Bountiful (1200) 25. Golden Season (2300 tbc) 44. Heroinaie (1200 tbc) 47. King Tower (2300 tbc) 24. Kota Mulia (1830 tbc) 13/ 14. Liu Jiang (1500 tbc) 46. Murrayeverett (1200 tbc) 27/28. Nedlloyd Amsterdam413 words
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355 1979-03-17 5 NYT A SMALL American trading company has reported the purchase of petrol and diesel fuel from the Chinese government, becoming the first Western company to buy refined petroleum products from China. The deal, which was signed in January but has drawnNYT - 355 words
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163 1979-03-17 5 Reuter. BAD WEATHER, both natural and industrial, conspired to send Britain's factory output last January to a 10year low. Overall industrial production was 5 per cent lower in January than in the last quarter of 1978. The drop in manufacturing was 8 per cent,Reuter. - 163 words
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Article265 1979-03-17 5 SOVIET charterers returned to the time-charter market on Thursday to book tonnage as part of their grain import shipment scheme from Argentina and the United States. They took three vessels in the Mediterranean for transAtlantic round voyages via either River Plate or US Atlantic-Gulf, paying US$5,000 a day265 words
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Article104 1979-03-17 5 THE INTERNATIONAL Air Transport Association (lata) plans to hold a meeting on March 28 in Geneva to consider higher air fares to offset increased fuel prices, Japan Air Lines reported. An airline spokesman said he expects lata will decide in favour of an increase of104 words
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Article205 1979-03-17 5 Washington Star. THE CARTER Administration has trimmed its budget deficit forecasts for this year and next year, and projected a small surplus for fiscal 1981 at last. Deficits are shrinking because the economy is scoring bigger gains than expected, which boosts tax collections, the OfficeWashington Star. - 205 words
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WORLD IN BRIEF
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Article491 1979-03-17 5 Agencies PRESIDENT Carter might take advantage of his successful involvement in the Middle East peace talks to present a broader than anticipated energy saving programme next week, political sources said in Washington. The administration has been working out measures to cut back US oil consumption by 5 perAgencies - 491 words
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Page 5 Advertisements
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Advertisement160 1979-03-17 5 MEDIC-ASIA jJJ/ The First Comprehensive Medical and Hospital Equipment Show for the ASEAN Market i V THE PARTICIPANTS: Manufacturers and distributors of medical and hospital equipment from all omt the world, particularly the developed countries, win be displaying their wares. Specialises and medical experts from the advanced countries will be160 words
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Article471 1979-03-17 6 CASSETTE films and videotapes are the obvious loopholes for those who seek to obtain "blue" films but who dare not risk the penalties involved in getting film reels of the stuff. It is with relief, therefore, that we receive news of the amendment Bill471 words
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Article291 1979-03-17 6 THE PIG that eats the most grows fattest. British Airways and Qantas cannot hide their ever-increasing girths as success in this business of low fares keeps their cash tills ringing. They have proved that much business can be generated by lower fares between two291 words
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752 1979-03-17 6 T. B. PERAMUNETILLEKE - Preparations are being made for the fifth UNCTAD conference, which is to be held in Manila in two months' time. This time, the developing countries are demanding action rather than a lot of wellmeaning words, says T. B. PERAMUNETILLEKE, but there are still752 words
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Article685 1979-03-17 6 CHINA'S Mly advertising agency is flourishing again in a narrow side street off the riverfront band in the eld commercial district of Shanghai. The agency, the Shanghai Advertising Corporation (SAC), has even started to Insert pings for itself In the local press, pointing not the advantages685 words
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Page 6 Advertisements
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Advertisement218 1979-03-17 6 APOLLO HOTEL Haveloek Road, Singaore 3 Tel: *****1 AMBASSADOR HOTEL ***** Meyer Road, Singapore 15, Tel: *****11 CENTURY PARK SHERATON Nassim Hill, Singapore 10 Tel: *****7 CHEQUERS HOTEL 418 Thomson Road, Singapore 11 Tel: *****66 COCKPIT HOTEL 6 7 Oxley Rise, Singapore 9 Tel: *****1 GREAT EASTERN HOTEL 401 Macpherson218 words
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Page 6 Miscellaneous
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Miscellaneous72 1979-03-17 6 BnStoW: frank Dieted DRpcT tuese Leaves' NO sooner DO Sweep "lUtm OP TV4P>H PNOTV4O2 r«U. look veey P(J£.ttv NCsThihg eise to do sut srr »h PftfcK rnd £«r sp«r4DujtcH€S BUT IF VOU HRVe To UJOfcK Ui\TH ThVem THG.Vfie ft BLFNSTtD NOISP\NC£. ESJ Too TRtfcS ABOUND *p YO-> RSK ox GOOD72 words
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Miscellaneous782 1979-03-17 6 RADIO Last chance to see MASH SOMETIMES best sellers shasld best remtli 1b their printed farm sad Mt takes eat by a weU-meaa-lag pradaeer whs eaaaat quite eateb tbe bash's subtleties aad ss maagte it wbea filming fsr tbe televtsisß. The visaai effect daes aat measure sp te the viewer's782 words
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Article, Illustration1537 1979-03-17 7 PATRICIA WELLS - As food prices wend their way ever upward in the US, buyers are on the warpath against supermarkets. In defence, the food stores have created ingenious devices to sooth frayed nerves, to make shopping more homely, and all with the intention of bringing the customer1,537 words
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830 1979-03-17 7 Leonard Silk - FORUM, ..with Leonard Silk HOW CAN the United States best handle the economic problems intensified inflation, threatened recession and a worsening of the international balance of payments set off by the Iranian explosion now reverberating throughout West Asia? And if President Carter succeeds830 words
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Article471 1979-03-17 7 THE CAR sales business must really be booming. A colleague inspected a Mitsubishi GXL the other day. Before he left the salesman who had accompanied him around the showroom said "Have my card, sir" and held out a fifty-dollar note. Charitably we put it down to471 words
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Page 7 Advertisements
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Advertisement383 1979-03-17 7 and where to entertain c Lite up your life at Vanda Live it up at the newly renovated aJBJw Vanda Bar. Styled for comfort gStoJL and good cheers ynjSiQrf Sing along with our resident duet George David to your favourite request Happy Hours from 5p.m.-Bp.m. 30% discount Singapore Jljfe Oochid383 words
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INTERNATIONAL STOCKS
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449 1979-03-17 8 Reuter •(■STANDARD Oil Co of Ohio expects first quarter earnings to exceed the U5536.3 reported a year earlier despite the planned $50 million pre-tax writeoff •on its Pactex pipeline -project. Senior vice-president Paul Phillips said after an ■analysts' meeting that coal Earnings in the 1978 firstReuter - 449 words
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Article473 1979-03-17 8 THE BOARD of directors of the East Asiatic Company Limited has approved the accounts of the group and the parent company for 1978 which was the company's 82nd year of operation. The board will propose a .dividend of 10 per cent equal to 76.5 million473 words
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Article282 1979-03-17 8 VOLKSWAGENWERK AG said it will purchase 55 per cent of the Litton Industries' German subsidiary, Triumphwerke GMBH, an office machine and small computer manufacturer. Volkswagen did not announce the price of the purchase and said the transaction is subject to the approval of the boards of282 words
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218 1979-03-17 8 AP. JAPAN'S Mitsubishi Motors is expected to announce later this meat* a one-third purchase of Chrysler Australia. Chrysler Australia's deputy chairman, lan Webber, said in Melbourne that completion of 18 months of negotiation with the Japanese manufacturer was imminent. He denied rnmonrsAP. - 218 words
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Article1253 1979-03-17 8 NEW YORK OIL SHARES provided most of the interest on Thursday as the stock market scored a small gain in moderate trading. The market had been firm most of the day but retreated late in the session on some profit-taking and caution ahead of the1,253 words
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Article207 1979-03-17 8 MAR 15 C* AbiUbl 18'--H Alcan N'< Alfoma Bank Mont 23. unch Bank Nora Scotia J3h Bell Tel MS unch Beth Corp BP Can Ltd *> Brascan 21». unch Camp Red Lake 36'. Can Imp Rk *>. >« Can pat 28 Canpac In* Pf 16'] B unch Carling OXeefe207 words
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Article289 1979-03-17 8 MAR IS Rand INDUSTRIALS A Alpha Abercom AE And CI AMIC Barlows 145 240 445 1290 532 590 190 2 unch unch 5 5 unch Currle Finance De Beers Ind Edcon 97 1500B 380 2 unch Eveready Fed Volk Fuflt Card lan Olenanl Gratemn Hippo Hi veld Huletta Liberty289 words
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Article112 1979-03-17 8 Reuter. BORAL LTD said it anticipates results for the year ending June 30 will show further growth in both sales and profits after an encouraging start to the second half. Group first half after tax profit rose to AJ12.73 million from $10.58 million a yearearlier. BoralReuter. - 112 words
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142 1979-03-17 8 Reuter. RANK ORGANISATION LTD chairman Harry Smith said the company's targets for the year ending Oct 31, 1979, are unlikely to be reached due to the recent British road haulage strikes combined with the severe winter. But these events in no way alter theReuter. - 142 words
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642 1979-03-17 8 TOKYO Source: DBS-Daiwa TURNOVER was relatively light with an estimated 190 million shares changing hands, since corporate investors which had taken an active stance during the past several months, continued to sit on the sidelines owing to the approach of settlement dates for stocks boughtSource: DBS-Daiwa - 642 words
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Article358 1979-03-17 8 Source: SHK Sec Ltd APART FROM selected stocks, the market yesterday struggled to move into higher ground and traded within a narrow range on moderately active turnover. Good gains were seen in shares such as SHK Props, up another 25 cents to $8.85 (a bullish brokers' report is expectedSource: SHK Sec Ltd - 358 words
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Article360 1979-03-17 8 THE MARKET firmed in active trading yesterday, with interest centred on BHP and resources stocks, dealers said. BHP rase 15 cents to a 1979 high of Mi 1.65, Santos firmed 10 cents to 12.43, Crusader 10 to 80 cents, Vamgas eight to 11, Ampol Exploration five to $1.65, Beach360 words
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Article110 1979-03-17 8 THE MARKET closed higher across the board yesterday, but turnover fell slightly to 3.1 million pesos from Thursday's 3.9 miollion, dealers said. MAR 11 Pesos 1 Acj»e Mintnc 0006 unch AUu Con. A AUu Con. B SJO Baculo OoM AIM ****** Con unch BF OoodrKrh am CDCP 23 90110 words
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Article235 1979-03-17 8 MAR ie Bahts Asia Credit 312 >2 Aila Fibre Ayuthaya In*. And Trust 225 IK 2 -2 Bangkok Investment Bangkok Bank Bangkok Drying And Silo Bangkok Insurance Bangkok Metropolitan Ban Bangkok Nylon Bank Of Asia Bank Of Ayudhaya Ltd 306 364 I 854 774 1 228 254 -6 UtMh235 words
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Article65 1979-03-17 8 FINANCIAL TIMES INDUSTRIALS Thursday 502.7 Wednesday 509.9 Week Ago 500.3 DOW JONES AVERAGE INDUSTRIALS Thursday 847.02 Wednesday 845.37 Week ago 844.85 LONDON DOLLAR PREMIUM Thursday 78'• to 79 Wednesday 77 to 77' H.K.HANG SENG Friday 551.06 Thursday 548 08 Week ago 533 74 SYDNEY INDUSTRIALS Friday 496.02 Thursday65 words
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EUROPEAN MARKETS
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Article188 1979-03-17 8 MAR IS Francs Actions Suisses m ♦1 Alusuisse Br 1435 10 Alusuisse Ref. 574 unch Brown Bovert Br. ins 35 CltM Oeifjr Br 1340 15 CH>a Or 1CT fC MS 5 Clba Oelfy Rh Credit Suit* Br an M 2345 -S Credit Sulut fUf 44t unch Elektrowatt Br 3060188 words
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Article193 1979-03-17 8 MAR 15 Pis ABN 351 90 Ahold tan unch Akic 20.00 -0J AMEV tlJO 0.1 Am fas toiji -0J Amrot Bank *00 0J 57 JO 0J Berk §4 00 -0J late 07 50 0 4 Borsumtj 100.00 unch Burhmann 72 10 -0J Byenkorf M OO -05 Calve Delft *****193 words
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Article202 1979-03-17 8 MAR IS At'-Tdttunktn Akao Dm COO 2840 ♦02 AIU Leben ***** 5 Alii Ven (7110 BASF Bajr H T Wbank Ba» Vbank Bayer 131 JO ***** 278 OOB ***** Sn" unch -04 BBC 285 00B BMW Canella Chen Verw Commertbank Contl Oummi Daimler-Bern Decuaaa 233 30 ***** ***** suae202 words
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Article97 1979-03-17 8 MAR 1} rr» forward market Act* Artwd Aslur Bcucmjl Bru-L*mb Canpac Cork D* Been EDm Electrobel Ob-lnno-Bm Oe* Hobo* PWro Ryl Dutch Sid ro Soc On Bel* Bolina *40 23*0 MO M 1735 m SM 214 >00 Mo mm imo MX 300 1970 734 BSC MOO -M -JO -a97 words
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Article94 1979-03-17 8 mar is Ure > Ank- AMOC On It ***** B««to*l Centrale mn jo 400 rs? Flat PinsMer Gen Immob in pn I Laic*menu lUiai rm 100 15 2206 ***** 700 4 ♦<U» -0 -7 IUUSMCT Magneti M Pf Marvlll Ere Med K>t> Mlralarua 441 HO Z74 ***** ***** -194 words
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Page 8 Advertisements
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Advertisement114 1979-03-17 8 A PENGUIN V J V m m a THE MALAYAN TRILOGY This famous trilogy wittily dissects the racial and social prejudices of post-war Malay during the chaotic upheaval of Independence. Through a succession of splendidly colourful characters, Anthony Burgess delineates the conflict and confusion arising from the almost enforced mingling114 words
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BANKING AND FINANCE
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265 1979-03-17 9 Reuter THE SOUTH KOREAN government has authorised Hyundai International Inc to borrow US$7B.7 million from a syndicate of 22 banks led by Lloyds Bank International Ltd for the construction of a caprolactam plant, economic planning board officials said. This was the biggestReuter - 265 words
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Article139 1979-03-17 9 Reuter. <■ THE BANK of England announced a temporary redaction of special deposits to nil from one per cent as from March 19 for banks and deposit tak- Ing finance honses, other than Northern Ireland banks. The recall of special deposits scheduled for March 39 willReuter. - 139 words
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870 1979-03-17 9 COLIN CHEE - AGGRESSIVE SEARCH FOR SAVINGS By COLIN CHEE THE DEVELOPMENT BANK of Singapore's (DBS) efforts to boost its savings deposit base appear to have paid off. A week after raising its savings deposit interest rate to six per cent from five, the number of savings accounts870 words
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Article356 1979-03-17 9 Reuter FOREIGN BANKS in Canada should be allowed a head office and a branch in each of the 10 provinces and territories, the Senate banking committee report on Bank Act revisions recommends. Permission for further branches should be left to the discretion of the FinanceReuter - 356 words
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Article317 1979-03-17 9 THE US House of Representatives approved a bill raising the national debt ceiling by US$32 billion to $830 billion, and sent the measure to the Senate. The bill would raise the legal limit on outstanding US debt through Sept 30. The existing $796 billion debt ceiling317 words
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416 1979-03-17 9 Reuter INTEREST RATES are very close to their peak in the US and within a short time they will start easing gently, Alfred Brittain, chairman of Bankers Trust Company, said. At the same time the US inflation rate will start declining and willReuter - 416 words
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MONEY AND EXCHANGE$
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Article449 1979-03-17 9 TRADING on the foreign exchange market yesterday was rather quiet, with the weekend approaching. The US dollar was generally traded on the firm side and closed marginally stronger agsinst major currencies. Against the yen, the US dollar began at 207.10/20 and was first brought down to 206.96/06 before449 words
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Article186 1979-03-17 9 Asian rates ASIAN currency deposit interbank rates as at close on March 16: U8 DoUar«(Spol) Offer Bid 7 days 10'. 10'. 1 month U'< ll'« 2 months 10 10 i 3 months 10 10'. 6 months n>. 11 9 months n 10. 12 months n 10Sw.Fr*. Da*. (Middle Price*) 1186 words
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Article51 1979-03-17 9 Range of prices offered by discount houses on March 16: Overnight 4';'/» Call deposits 4'to 4' r Ciasiag Bayiac Selliaf 3 month Treasury bills 4' 4 3 month Bank bills 711/16 7 9/16 3 month CD 14 7 6 month CD 7 5/16 7 3/16 Source: National Discount Co51 words
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Article21 1979-03-17 9 THE average rate at which Singapore banks are currently prepared to lend to their best customers is 8 per cent.21 words
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Article73 1979-03-17 9 RESULTS of tender held yesterday for 91day and 273-day Treasury bills: •l-day Mils to be nv<»> Mite tesatd from Murk 1* to hr ten <d to Marek O m Marrh It Offered: Applied for; Alloted Accepted bids: Average rate of discount on allot meat: S30.000.000 $41,500,000 J30.000.00073 words
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Article272 1979-03-17 9 SINGAPORE gold futures yesterday closed sharply higher against Thursday's closing levels in moderately active trading, with its initial rise reflecting overnight firmness in New York and overseas centres, dealers said. Turnover rose sharply to 240 losts compared with 105 previously with interest centred in April, June, August and October.272 words
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Article202 1979-03-17 9 THE DOLLAR and sterling yesterday opened steady around Thursday's closing levels and traded quietly in narrow ranges in early business, dealers said. The US currency opened at 1.8612/22 marks, 1.6798/ 6806 Swiss francs and 206.90/ 207.05 yen, in line with New York's final levels and compared with its London202 words
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Article124 1979-03-17 9 THE US dollar yesterday was quoted steady to slightly firmer against major currencies in very quiet, endweek trading, dealers said. It firmed to 207.05/15 yen from New York's 206.80/90 close and a 207.00/10 opening here, and to 1.6800/20 Swiss francs from 1.6780/90 in the US, but was unchanged at124 words
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Article144 1979-03-17 9 THE US dollar for overnight delivery closed little changed at 207.05 yen, compared with a 207.00 opening and 207.20 at Thursday's close. The Bank of Japan was believed to have sold about US$5O million at 207.20 yen in the morning and another $50 million at 207.05 and 207.10 yen144 words
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Article50 1979-03-17 9 FRANKFURT exchanges opening quotes on March 16: US 1.8600 10(1.8586 S3) Can 158* 66 Stg 3.785 796 DFI- 92.62 72 S FT 110.60 80 Lit 2.210 218 F Fr 43 39 49 N Kr-36.47 57 B Fr (con) 6.315 325 B Fr (tin) 6.23 24 Yen 0 8978 9850 words
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Article589 1979-03-17 9 BANK OP CHINA SELLING Reuter A RECENT steep Hongkong J dollar fall against the US dollar is unlikely to be stem"fned in the immediate future in the absence of radical adjustments to Hongkong's economic fundamentals, dealers in the currency said. They said recent steady sellingReuter - 589 words
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Article296 1979-03-17 9 Reuter THE YEN will remain vulnerable to speculative attacks until it is held abroad more as a settlement currency, the Mitsubishi Economic Research Institute said. The independent research organisation said that while the internationalisation of the yen is progressing rapidly in various sectors, it is stillReuter - 296 words
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184 1979-03-17 9 REPORTS that Zaire has not repatriated from Switzerland proceeds from sales of 200 tonnes of cobalt is unlikely to materially affect any credit discussions between Zaire and the International Monetary Fund, international monetary sources said. The sources were commenting on London press reports that such184 words
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Page 9 Advertisements
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Advertisement200 1979-03-17 9 I u ICV a; t- r BEGAN WITH Chort foulks L^ynch and these include LONDON 411 Firsts, 328 Seconds and over 4,000 other Awards and Honours. Chart Foulks Lynch is the logical combination of Foulks Lynch, one of the world's foremost accountancy correspondence schools and Chart Tutors which has rapidly200 words
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DEALS DONE ON THE SES AND KLSE
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Article1398 1979-03-17 10 BID and offer prices officially listed and businem in and reported to the Stock Exchange of Singapore yesterday with the number of (hares traded shown in brackets in lots of 1.000 units unless otherwise «peci fied. All Time Settlement Contracts are quoted after the word "sett." Big Board1,398 words
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Article123 1979-03-17 10 6 3/4* (250,000) (90 JOB 90J88) 4 1/2* 1/8/80 (250,000) (90JOB 99J88) 4 3/4* 16/8/80 (290,000) (90.578 90 868) 6 1/4* 1/3/81 (250,000) (100.168 100.298) 6* 16/4/81 (290,000) (00.818 *****) 6* T P 1/ft/83 (290,000) (100.108 100 JOS) ft* IS/11/84 (290,000) (100 008 100.068) 7* 1/8/86 (230,000) (100123 words
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Article157 1979-03-17 10 (SINGAPORE UNIT TRUST (Mimif pritf tm iter m The Commerce 2.1* 2 29 lite Saving Fund 1.25 1.32xd S pore Prog Fund 0.94 0.99 S pore Sec. Fund 1.75 1JS S pore Invest Fund 1.24 1.31 S'pore Equity Fund 1.00 1.05 INCOME BOND UNIT (Carreat prteas) Income Bond157 words
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Article2660 1979-03-17 10 Git's Gr*s Nst 1978/79 Last Dlv Div YTd P/E Vol Day 4 High low Company Sale or- Cvr (•000) Hlgk Low SECTION ONE INDUSTRIALS 272 132 Acma 214 12. ON 1.3 5.6 23.2 190* 123* Alcom 180 10.0 12 55 131 178 107 Allied Choc 124 42,660 words
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Article1672 1979-03-17 10 BID and offer price* 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. INDUSTRIALS Aram (2.058) AjMMta (2.758) Aksaai (1.925) ACkw (1188) AMD <0 HSc)1,672 words
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Article, Illustration715 1979-03-17 10 AFTEK a firm spealag, shares levelled «(f ea the Sleek Exchaage 8( ampere yesterday, lie market flalshed aarrewly Seme baylag erden carried ever frem the prevleas day gave mast shares a heady start. Bat the aptnad preved te he Jest a a flaah la715 words
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423 1979-03-17 10 PRICES finished mixed in moderate trading on the Kuala Lumpur stock market yesterday. Margins were narrow especially among the more popular stocks which fluctuated uncertainly during the day. However, among the quiet issues, some hefty price changes were seen. A case in point was423 words
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Article70 1979-03-17 10 TOSHIBA Maiayria Bhd: Unaudited pre-tax group profit M$460,000 ($1.11 million) for the half year ended Dec 31, on turnover $9.94 million ($10.32 million). General Limber (Holdings) Bhd: Consolidated net profit M$1.07 million ($1.01 million), year ended Sept 30. Net profit included exceptional profit of 1.02 million ($740,000), mainly70 words
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COMPANY NEWS
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418 1979-03-17 11 SUSAN BEVAN - By SUSAN BEVAN A BRIGHT set of results from Guthrie Ropel has emerged at a timely moment for its parent company, the Guthrie Corporation, now fighting for its independence against Sime Darby's takeover bid. The corporation's 60 per cent owned subsidiary has418 words
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332 1979-03-17 11 KUMPULAN Guthrie, the estate management arm of the Guthrie Corporation, will build an $11 million palm oil mill at its Cha'ah estate in Johore to cater for its increasing oil palm crops in that afea. This will be Guthrie's sixth mill332 words
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750 1979-03-17 11 CHAN BONG SOO - By CHAN BONG SOO IT IS ALMOST certain that a leading rubber broking firm, Holiday, Cutler, Bath and Company (HCB) will be taken into the fold of Bousteadco Singapore. Bousteadco has made an offer to purchase the entire shareholding in HCB at a price750 words
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Article354 1979-03-17 11 A BETTER performance in the second half year helped narrow Kuala Lumpur Industries' losses in the financial year ended Oct 31, 1978. The group reported that it had managed to recover from a pretax loss of 5237,653 in the interim stage to a pretax loss of354 words
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Article470 1979-03-17 11 Current Ex Book* Date Total for Total for Payment Date Close Payable the year Previous year Wilkinson 14% Mar 17 Mar 19 Mar 27 21% 16% B Kawat 6% ITE Feb 28 Mar 10 Mar 28 6%TE 10(a)TE Sel Nut 10%I Feb 28 Mar 10 Mar 31 10%470 words
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Article121 1979-03-17 11 Particular* Ex Data Books Cloae Nat Iron Bonus Issue of 1 for 2 Mar 22 Mar 29 DBS Rights Issue of 1 for 4 (i $3.50 per share Mar 27 Apr 3 Dualop Eat Bonus Issue of 1 for 5 Apr 8 Apr 30 P. Products Bonus issue121 words
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Article439 1979-03-17 11 EARNINGS at Wilkinson t Process Rubber Company continued to improve last year but at a much slower rate after the strong recovery in the 1976/77 period. Group pre-tax profits for the year ended Sept 30, 1978 increased 5.4 per cent to 13.74 million, surpassing the 1973/74 record439 words
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Article267 1979-03-17 11 TRADING in Deveiopmeat Baak of Singapore's US$60 million S'/i per cent convertible bonds 1991 will be temporarily suspended with effect from 9.30am on Mar 22. Transfer of books and register of members will be closed from Apr 3 at 4.00pm to the close of business on Apr 12,267 words
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Article291 1979-03-17 11 SiKXSB... by HOCK LOCK SIEW TO STAMP oat insider trading is a near impassible task so long as there are greedy and unscrupulous people around. Prom time Immemorial, the lawmen have tried to tighten np all laapholes against Insider trading. But the human brain, ingenious in itsby HOCK LOCK SIEW - 291 words
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Article150 1979-03-17 11 has announced that as it controls 94.69 per cent of the equity of Singapore Finance (Sinfin), it now intends to make a compulsory acquisition of the balance of Sinfin shares not in its hands yet. Baring Brothers Asia, adviser to the minority shareholders of Sinfin. has made a150 words
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Article36 1979-03-17 11 has asked Over- seas Inion Bank to indicate the reserves from which the one-for-six bonus issue will be capitalised and the underwriter of the one-for-six rights issue at $2.00 per share.36 words
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Article140 1979-03-17 11 in a reply to the query from the KLSE, says that the authorised capital of Johan Commodities Sdn Bhd (JCSB) and Johan Properties Sdn Bhd (JPSB) will be 52.000.000 divided into 2,000,000 ordinary shares of $1.00 each. Both companies will be doing commodity trading and property140 words
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237 1979-03-17 11 is now a wholly-owned subsidiary of Supreme Corporation. This followed Supreme's acquisition of the remaining 49 per cent of JOPP's shares last March. Approval for the acquisition was granted by the For- eign Investment Commitee (FIC) on the condition [hat Supreme would promote bumiputra participation237 words
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Page 11 Advertisements
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Advertisement321 1979-03-17 11 "v 'V!^ GOOD READING FOR ALL PARENTS Ifessg: Learning Through Play is a book chock full of ideas for simple games, activities and i experiments, designed to help children develop their minds and bodies. Babyhood should be required reading not only for all parents but for every doctor or nurse321 words
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433 1979-03-17 12 COLIN CHEE - •Pr COLIN CHEE COMPETITION is brewing between Guinness Singapore and Malayan Brewarias Singapore for a bigj#Bfcslice of the Republic's stout market. has hot up to a point :w&¥*e some dealers have .begun accusing one of the [competitors of arm-twist-in its attempts to stamp out433 words
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188 1979-03-17 12 Reuter. THE ROYAL Dutch Shell group said in Tokyo it will cut oil supplies to an unaffiliated Japanese refinery, Idemitsu Kokan Kaisha, by 40 per cent from June. A Shell spokesman said the cut is incorporated in a new long-term arrangement with IdemitsuReuter. - 188 words
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Article81 1979-03-17 12 UPI. THE US Congress seems witling to pay US$4 billon" (SsB.7 billion) over several years to iiiiderwrite the Egypt-Is-rael peace treaty. But two senators want Japan ifod" Europe to kick in too. Senator Richard Stone, a strong Israel •upporter and chairman jc of the Senate's MiddleUPI. - 81 words
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Article303 1979-03-17 12 GUTHRIE BM fharchelder» wW have stasd stoically by the etmpuy thrsagh thick ud this mast be delighted hy the itnag tarunud the gnap made with sparklif pre-tax profit ef $113 mllliea bright la last year. The gnap, under the leadership ef 8b Anthony Hay ward, has clearly303 words
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543 1979-03-17 12 NYT, UPI RUSSIAN transport planes and ships have launched a major movement of Vietnamese troops and war materials from southern Vietnam and occupied Kampuchea to northern Vietnam, informed sources in Bangkok reported. Transport by Soviet ships began as early as last weekNYT,; UPI - 543 words
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Article139 1979-03-17 12 AFP. A HITCH arose yesterday in moves to allow a Malaysian airliner, which has been grounded in Sydney for eight days, to leave at the weekend. The joint national secretary of the Amalgamated Metal Workers and Shipwrights Union, Mr Harry Wilson, said there is no wayAFP. - 139 words
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Article59 1979-03-17 12 JAPAN is giving way to the Chinese in a major shift in policy over export credits, to break the deadlock in trade deals. A broad agreement was reached on Thursday night between the government and the Liberal Democratic Party to provide China with deferred payment credits59 words
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Article106 1979-03-17 12 THE CARTER Administration, as a result of the fighting between China and Vietnam and the increasing tension between Peking and Moscow, is formulating a policy that would seek to confine any conflicts in northern and south-eastern Asia to communist nations. White House and State Department106 words
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Article, Illustration83 1979-03-17 12 The former chairman of Haw Par, Richard Tar ling (centre), arrived in Singapore last evening to face Ave charges under the Singapore Companies Act. He was escorted by a police officer, Mr. Roger ling. Tarling said at the airport he does not know whether he will be83 words
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Article832 1979-03-17 12 LONDON, Fri. The market closed firmer in moderate trading today on renewed institutional demand, with sentiment aided by the better than expected retail price index, dealers said. At 3 pm the Financial Times index was up 6.6 at 509.3. Government bonds gained as much as 1-1/2 points. Dealers832 words
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390 1979-03-17 12 THE GOVERNMENT will set relax the rales te allow Central Provident Fund (CPF) eontribatiens ta be ased fsr the parchase ef private basses. Neither will It aliew CPF castribatlMis te be ased far financing pilgrimages to Mecca, said Mialster far Labasr390 words
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Article438 1979-03-17 12 IN PARLIAMENT YESTERDAY FUTURE SALES of commercial properties may be regulated if the Sale of Commercial Properties Bill is passed. First read on March 14, the Bill will apply to any property in a building which has been intended for any purpose other than residential. It "seeks438 words
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320 1979-03-17 12 CASSETTE films, videotapes and video records will have to go through the Board of Film Censors before distribution and exhibition, when the amendment bill to the Cinematograph Films Act is passed. This bill was read in Parliament for the first time on Wednesday. It seeks320 words
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Article185 1979-03-17 12 ASEAN economic cooperation can only move as fast as member countries as a whole agree to move. This is a realistic and practical approach, Senior Minister of State (Foreign Affairs) S. Dhanabalan said. Although progress in economic cooperation could have been better, the minister said it185 words
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Page 12 Advertisements
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Advertisement85 1979-03-17 12 SEE PAGE 5 SEE PAGE 5 NOTICE To the holders of the floating rate U.S. Dollar Certificates of Deposit due 23rd March 1982 of: W THE TOKAI BANK. LTD. Suite 2801/2803 Clifford Centre. 24 Raffles Place. Singapore 1. We hereby certify that the rate of interest payable on the above-mentioned85 words
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Advertisement0 1979-03-17 12 ]]_(%~];<[&-[&;[](>/|%!$&[@%{<@0 words
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Advertisement136 1979-03-17 12 rz .sass &F* raw m llS&n3£* B§B 3^^-11' 53»5 r^r I A sequence of twenty episodes in the life of Ayer Hitam in Malaysia, seen through the eyes of the resident American Consul. The whole spectrum of life in Malaysia is echoed, from adultery to murder, from ghost stories to136 words
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Page 12 Miscellaneous
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Miscellaneous54 1979-03-17 12 prmc Outlook for Singapore from 6 a.m. to noon today: Mainly fair 24 prior to 7J» p.m. oil March IS at Maximum temperature 33.5 Associated humidity 63 Minimum temperature 24.4 Associated humidity 96 Joyrs of sunshine 5.25 J Uinfall in millimetres Nil 'Qtal rainfall for the month 47.0 rainy days54 words
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LEISURE TIMES
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Article, Illustration942 1979-03-17 13 MARGARET THOMAS - PURSUITS By MARGARET THOMAS THE SUN climbs higher in the sky, and your scalp begins to burn and prickle as beads of sweat trickle through your hair. The skin on your face tightens as the heat draws out its natural moisture,942 words
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Article, Illustration794 1979-03-17 13 Tsang Sau Yin - DESTIIATIIH with Tsang Sau Yin OFFBEAT travel has few fans and these are among the most devoted itinerant wanderers around. Other mere mortals travel in cossetted groups and have their varied needs from the settling of visas to finding a bed for the night taken794 words
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Article, Illustration987 1979-03-17 14 Hermes - The instrument layout has been excellent considering the many dials and gauges that Honda has seen fit to include for the technicalminded driver. The levers on both sides of the steering wheel conform closely to the norm for the Japanese. MOTORIIfI with Hermes987 words
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PROPERTY
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Article, Illustration465 1979-03-17 14 TEO TECK WENG - By TEO TECK WENG SMALL IS controllable seems the attitude of property company Viva Realty which is involved solely in small residential schemes. The company which began operations a few year ago has so far completed several small residential projects including the465 words
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240 1979-03-17 14 TENDERS for the main island sites in the Urban Redevelopment Authority's (URA) seventh sale closed last Thursday. While no official figures were given, it is believed that the sale of land parcels one to 15 met with "overwhelming response." The date for the close240 words
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Article, Illustration203 1979-03-17 14 PEOPLE'S PARK Complex, Chinatown's first modern stopping development, Is working out several improvements to its interior. A new escalator has now been added to link the second and third floors while work is being carried eat to improve lighting conditions. A pedestrian walkway now203 words
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Article, Illustration702 1979-03-17 15 TSANG SAU YIN - The Arcade, familiar to travellers from all over the world, is now a maze of steel scaffoldings. The new Arcade will join the modern ranks of the high rises it is sandwiched between, and, it is hoped, some of the historical atmosphere will remain,702 words
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1001 1979-03-17 15 IN THEORY, the objectives of a project manager appear simple, that is, to complete a building on time, within the budget and up to an acceptable standard. In practice, the job is fraught with the constraints of contractual complications regarding authority and responsibility1,001 words
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Article, Illustration259 1979-03-17 16 EXECUTIVE FASHION THE SOLE proprietor is part of that much envied breed of people who do exactly what they like, and dress as they please. The fashionable term for the sole proprietor (or the partner of a company) these days is "entrepreneur". And his independence andPhotos by J. Tan - 259 words
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Article1536 1979-03-17 16 JOHN TAN - PERSONAL FINANCE ...Insurance By JOHN TAN STRANGE AS this may sound, insurance specialists agree that those who (eel the need to take out life assurance should not stop with just one policy. Instead of taking a single large policy, they should take several smaller1,536 words
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Page 13 Advertisements
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Advertisement37 1979-03-17 13 <1 _[MDa_ Motoring with style ACCORDing to Honda ................Page U Small 1s practical as well as beautiful n One insurance policy is never enough for every risk ..........IT The small businessman must also mind his appearance JV37 words
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Advertisement264 1979-03-17 13 FM—HBHDr KODAK EKTASM Mat hematics and Statistics im Penguins Mathematical Cam livsil: Martin Gardner A piece of solid iron i n the form of a doughnut is heated. V/ill the diameter pf its hole get larger or sma ll«er? Just one of the maddening but uniqu sly entertaining puzzles that264 words
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Page 13 Miscellaneous
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Miscellaneous1164 1979-03-17 13 WHAT WHERE FILM SHOWS THE FRENCH Film Festival begins today, courtesy of the French Embassy and the Alliance Franeaise, with Le Grand Escogriffe (colour, 1977, English subtitles) at 6pm and a second film, Mais Ou Est Done Passee La 7me Compagnie? at Bpm. The festival's original programme included such rare1,164 words
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Page 14 Advertisements
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Advertisement148 1979-03-17 14 PENGUIN BOOKSHOP The NER'S H<in<iboctk fi *1 s 4 -sv SlTft 5 .t' 9 is £J i RtSMNERS handbook mm HANDBOOK xuHmexs mA/DSVOK KUrmiMr f SnMUUOBt AUASfeasi OfHfAlTtfl WHY DO RUNN&tS MAKE SETTER LOVEXS, i Here at last is The Runners Hai idbook, a complete Fitness guide for Men and148 words
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Page 15 Advertisements
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Advertisement220 1979-03-17 15 CLASSIFIED ADS If you want to bay, lease or rent property, do so in the classified columns of Leisure Times every Saturday morning. Send your advertisements to Business Times to reach us by Friday morning, or telephone 284-4422 up to 4pm on Friday. It is the best and cheapest way220 words
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Advertisement246 1979-03-17 15 Richard Ellis C.H.Williams Loh (Pte) Ltd. I n ter nat 10 nd I Property Consultants FOR SALE SI COMPLEX BUKIT TIMAH II: >7 Three separate warehouse/ workshop buildings. Showrooms and offices facing the road. Floor areas: Office 650 m 2 Showroom 195 m 2 Workshops/Warehous 3600 m 2 Site: 1951.7246 words
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Advertisement378 1979-03-17 15 ORCHARD ROAD PRIME OFFICE SPACE FOR LEASE Exclusive office Building in Somerset Road accessible from outside the CBD. Entire floor premises or 538 sq. m. at a rental of $19.38 per sq. m. per month inclusive. New prestigeous high quality office building with excellent facilities, situated in the heart of378 words
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Page 16 Advertisements
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Advertisement145 1979-03-17 16 P7NEJ KERCISi BOOK l ti 'i Strip to your underwear and stand facing a full length mirror. Do you like what you see? Okay, now stand sideways. Still look good?. If you want every inch of your body to look and feel its best, here's the book that shows you145 words
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