The Business Times, 16 June 1979

Total Pages: 16
1 16 The Business Times
  • 10 1 BUSINESS TIMES M.C.(P) N®. 146/1/7S SATURDAY, JUNE *****9 50 CENTS
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  • BRIEFLY...
    • 83 1 Reuter KUALA LUMPUR, Fri. Malaysia announced tonight it will push out to sea the 70,000 Vietnamese refugees at present in camps along the Peninsular east coast and shoot on sight any more seen trying to land. Deputy Prime Minister Datuk Mahathir said the deportations would begin
      Reuter  -  83 words
    • 69 1 NEW YORK, Fri. Citibank, the second-largest US commercial bank, followed several other major banks today in cutting the prime lending rate it charges its most credit-worthy corporate customers. Bank of America, the largest bank, thirdranked Chase Manhattan, fifth-ranked Morgan Guaranty and many smaller institutions now have lowered
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    • 67 1 Reuter KUALA LUMPUR, Fri. Asean national airlines will next week meet officials of Qantas, the Australian national airline, to finalise the new low fares between Australia and the Asean capitals, Malaysian officials here said today. The cheap fares started by Qantas on the Australia-Britain run have been
      Reuter  -  67 words
    • 86 1 UPI KUWAIT, Fri. The Organisation of Petroleum Exporting Countries (Opec) will decide on a 20 per cent increase in oil prices at their Geneva meeting later this month, the Kuwaiti weekly magazine A 1 Nahdah said Friday. The magazine cited reliable oil sources as saying the "20 per
      UPI  -  86 words
    • 69 1 AP KUWAIT, Fri. Indian Prime Minister Morari Desai's recent visit to the Soviet Union was prompted by India's desire to acquire new arms in the face of the growing military capacities of China and Pakistan, the Kuwaiti newspaper AlWattan reported today. The paper quoted "well-informed diplomatic sources"
      AP  -  69 words
    • 70 1 AFP TEHERAN, Fri. Iraqi planes bombed an Iranian border post near the town of Dam 500 km south-west of Teheran, overnight, the Iranian Voice of the Revolution Radio said here today. Two planes bombed the post which is in Iran's Khuzistan province but the radio gave no
      AFP  -  70 words
    • 56 1 AP NEW YORK, Fri. The stock market headed lower this morning amid concern over a record weekly jump in the US money supply. The Dow Jones average of 30 industrials dropped 2.25 to 840.09. Losers outnumbered gainers by a three to two margin in the early tally of
      AP  -  56 words
  • Chief Price Changes
    • 139 1 Rises Indices Metro HM(i 386 24 Jun 14 Jun 15 Oriental Hldgs 770 20 B.T. Index: Spore Glaaa 267 10 2321.83 2318.00 M Flour 308 8 Industrials: 394.71 394.79 Rahman Hyd 430 6 Finance: 691.58 690.41 Int Wood Carta berg Y H S 210 480 452 5 4 +4
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    • Article, Illustration
      142 1 Rises Indices Consplant Wrt 600 Spore Glass 265 Negri Semb 446 Kramat 366 Esso Ord 420 AMD 50 Falls 10 06 08 +06 06 +05 B.T.Index: Industrials: Finance: Hotels: Properties: Tins: J rubbers: Jun 14 Jun 15 3463.24 3448.91 424.95 424.77 617.06 614.25 257.66 257.66 239.69 240.52 207.28
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  • 729 1  -  THREE ALTERNATIVES PROPOSED By RAHIM KASSIM THE SINGAPORE Manufacturers' Association (SMA) has put up a detailed proposal on what could be done to boost the overseas sales of its members' products. The proposal contains three alternatives for its members to consider: setting up export promotion
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  • 216 1 THE Vocational and Industrial Training Board (VITB) may be expanding its facilities to offer more courses and places for an increasing number of young people seeking vocational and industrial training. Moves in these directions were hinted by its director, Mr Lim Jit Poh, at the
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  • 678 1  -  By JOHN LIM THE National Wages Council (NWC) will be recommending wage increases of 10 per cent or more this year, a highly reliable source said. This seems plausible in the light of what the president of the National Trades Union Congress (NTUC),
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  • 261 1 MOTOB groap Wears? Br*tliers to mridig claael> with the Eeaaamlc Development Beard (EDB) to find way* to diversify its operations, a mave which eeald result la a joint veatare thraagh tie-up with farelgn partners er thraagh acqnlsittoa. The aew veatare eaaM he qalte
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  • 334 1 MORE than five Singapore-based electrical and electronic companies have submitted firm proposals to set up labourintensive assembly and manufacturing plants in Malaysia. Among them is a Singapore company which has proposed to set up a plant to make blockboard. This was disclosed yesterday by the
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  • 94 1 PROFIT-TAKERS turned out in force and caused a dramatic fall in rubber prices this week which saw the price of RSS One dropping by 19 cents in five trading days to 299.5 cents yesterday. Conditions turned erratic and volatile following the change from the June position to July.
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  • Page 1 Advertisements
    • 32 1 AMERICA'S FAVOURITE Tennis Rackets. Balls Shoes Ranauftl soie Agem Merdings Leisure Pte Ltd 23. Park House. Orchard Boulevard Sngapore 10 Te< *****55.*****18 Also available at all leading spo'ts snoos and D'O shoos.
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    • 208 1 WAYS TO MAKE BIGGER GAINS MAJOR SPECULATORS SEE TENFOLD GAINS AS CYCLICAL GOALS In a new report on overlooked prospects for major turnaround activity and new Bull-market eruptions, CAPITAL GAINS RESEARCH shows that the biggest speculators are frequently in the game to generate profits which will run to 5M and
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    • 67 1 LEISURE TIMES c MALAYSIAN eriie etstiig Mixed reactiMS to Tele pay and —re. 2 Girs services .1 I BURMA ereepiag my from STOCK market rep5rt............... II self-imp—ed liiMm S Minister rtawmi tocal arehiNEW twist to the qaesttoa sf tocto 1* brail drain TWO mare US baaks eat prime. 12 MEMOPAD,
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    • 3 1 @{(;>/~[&&`{$!)^'-^(?].,(,|<~"$ Lead«r.. pagr I
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    • 125 1 u Hapag-Lloyd Fully containerised to Europe and United States. Regular, reliable and on time. SL H We have a business proposition for you. How would you like to own your own premises in a location that's central yet outside the CBD? Where there is ample parking spaces and the building
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  • TRADE AND INDUSTRY
    • 462 2  -  By LEE YOKE MENG A NEW US$3 million (about 556.6 million) plant manufacturing down hole oil-well completion products will begin production in Singapore in mid-Au-gust. The company. Baker Far East, which has been given a six-year pioneer status by the Economic Development Board,
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    • 142 2 A CONVENTION to be held this September hopes to set up an Asean association of electrical engineers and contractors and building contractors. The federation aims to promote cooperation and coordination among these professionals in Asean countries well as to undertake research and studies on electrification
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    • 66 2 MR JAMES Lawton, the chairman and managing director of GEC Singapore, has been elected president of the British Business Association's Management Committee for 1979-80. The vice-presidents are Mr Stuart Peacock and Mr Richard Dougal. Committee members elected at the annual general meeting on Tuesday are David Clayton, George
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    • 218 2 THE Federattaa of Aseaa Shippers' Cmcili (FASC) will discus ways of Implementing the new United Nations shipping cade designed ta help expand merchant fleets of developing countries at its third aaanal meettag, which heglas here oa Monday. FASC chairmaa aad Philippine Mlalster of
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    • 362 2 TRADE union leaders must identify themselves with the national interest, said Mr Joseph Koh, president of the Singapore Bank Employees Union (SBEU). Speaking at the third Triennial Delegates Conference of the SBEU yesterday, he urged elected leaders to contribute towards the nation's effort to
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    • 106 2 "WE CARE" Is now the key w»rd for ever 4M employees of the Shangri-la Hotel. At ft courtesy drive launched by the hotel last week in conjunction with the Mbdstry of Culture's National Courtesy Campaign, the employees pledged to he courteous to guests, colleagues, friends
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    • 281 2 THE NEW generation Volvo BM 4400 loader will be one of the main features at the Swedish stand in the Conpex/Imac exhibition at the World Trade Centre, on June 25-29. The BM 4400 a dynamic new loader in the 11 ton class, will
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    • 414 2 MR Peter Lm has been appointed sales manager of Ail trans Express (S) Pte Ltd, a division of the TNT group of companies. Mr Loo has held executive appointments in several shipping companies before joining All trans He is responsible for the sales and planning of its
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    • 388 2 COURSES AND TALKS March-July Personnel Management Concept Scope and Functions, Holiday Inn, Personnel and Organisation Development April 30-Aug 24: Tuition Courses for the Australian Insurance Institute Associateship, SITC, SITC June 12-26: Personnel Guidelines and Policies, Holiday Inn, Personnel and Organisation Development June 14-19: Corporate strategy: Formulation, implementation and
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    • 474 2 ESSO Production Malaysia Incoporated (EPMI) plans to install two more production platforms costing MJ6O million in its contract area off the East Coast of Peninsular Malaysia as part of its current year work programme agreed upon with Petronas. Both the platforms will enhance
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    • 305 2 MALAYSIA is keeping abreast of the worldwide developments in crude oil prices. The price of Malaysian light crude is believed to have been raised recently because of similar moves by major oil producers. The contract prices of Malaysian crude of various origins, according
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  • Page 2 Advertisements
    • 37 2 U-Tttl PAUL THEROUX IN PENGUINS. Picture Palace NEW Saint Jack The Consuls File The Great Railway Bazaar The Family Arsenal 3 Now available at all bookshops. Distributed by FEDERAL L/E] PUBLICATIONS 1, New Industrial Road, Singapore 19.
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    • 58 2 m.v. VISH V A AMITABH VOY: II Lighter arrived IMi Joe, 1171 at p&A. G«<m Nt.H. General Survey of damaged cargo e* the above vessel will be held on Monday 18th June. 1979. as from 9.00 a m to 5.00 p.m. No further survey will be held after this date
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  • REGIONAL
    • 606 3 UPI THE UN Food and Agriculture Organisation said in a report on world commodity demand up to 1985 that there is "the threat of a worsening food security situation." The report on Thursday, prepared as a supporting paper to the fifth UN Conference on Trade
      UPI  -  606 words
    • 274 3 PHILIPPINE Airlines (PAL) will open commercial flights to China and Malaysia shortly, PAL chairman and president Roman Cruz Jr said on Thursday. He said that with the opening of PAL flights to Beijing sometime in August, Manila will become one of the principal gateways to
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    • 1022 3 BURMA, like a turtle, poked a little further out of its isolationist shell in recent weeks, taking a few more halting steps along the development path that neighbouring South-east Asian nations sprinted down years ago. After nearly two decades of socialism managed by the army
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    • 307 3 Reuter JAPAN will not take new measures to control exports of Japanese vehicles to the US despite a sharp rise in their sales there, the Japanese Ministry of International Trade and Industry said. It was commenting on a press report in the economic daily
      Reuter  -  307 words
    • 628 3 RAPID population growth in Malaysia makes it imperative that more irrigation facilities be provided to enable the growing of a second crop of padi on a wider scale, Mr Shariff Ahmad, the Minister of Agriculture, said. Many remote areas still do not
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    • 32 3 LATE Chinese Chairman Mao Zedong's third wife Ho Zhu-chen, who was recently elected to the People's Political Consultative Conference, with her grand daughter. AP photo. AP photo
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    • 176 3 AFP JAPANESE Diet member! (ptrtttoMtarlHi) have started preparatleaa fer a geaeral eleettea aa there has heea aa laereaalag possibility that Prime Minister Maaayeahi Ohira will diasslve the Htue ef Repreaeatatlves (Lawer Haaae) sametlme la the aatama, taUag advaatage ef a saeeeas la the Jaae
      AFP  -  176 words
    • 40 3 JAPANESE refineries have agreed to a Chinese proposal to raise the price of Chinese crude oil by 60 US cents a barrel to U5516.96, retroactive from last May 15, the Japanese International Trade and Industry Ministry said.
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  • Page 3 Advertisements
    • 838 3 KIAW AIK HANG FINANCE COMPANY LIMITED (Incorporated in Singapore) BALANCE SHEET AS AT DECEMBER 31,1978 (Currency Singapore dolars) SHAKE CAPITAL Authorised: 50.000 shares of SJIOO each Issued and fully paid 9.003 5.003 in 1977) shares of SSIOO each STATITORY RESERVE FIND RETAINED PROFITS CURRENT LIABILITIES Fixed deposits Savings deposits Interest
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  • RAW MATERIALS
    • 125 4 Reuter PHILIPPINE coconut exports from January to May this year reached 578,589 tonnes, a decrease of 29.1 per cent from the same period last year when exports amounted to 816,382 tonnes, the United Coconut Association of the Philippines said. Earnings from the exports totalled U*****.3 million,
      Reuter  -  125 words
    • 58 4 Stocks of rubber in Singapore at the end of March fell to 45,219 tonnes from 55,303 tonnes in February but rose from 41,974 tonnes in March last year, the Statistics Department said. The March stocks comprised dealers' stocks of 45,218 tonnes compared with 55,302 tonnes in
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    • 502 4 AP CHINA, which began 14 months ago to buy US grain for the first time in four years, is expected to spend a record of about US$BOO million on American farm products in 1979, the US Agriculture Department said on Thursday. However,
      AP  -  502 words
    • 60 4 Reuter THE BRAZILIAN Coffee Institute (IBC) estimates the frost damage to the country's 1980 coffee crop at 7 million to 8 million bags, giving a preliminary estimate of 19 million bags. The loss to the 1979 harvest would be between 8 and 10 per
      Reuter  -  60 words
    • 197 4 Reuter THE USSR may need to import an additional 300,000 tonnes of soybeans in 1978/ 79, and it has available capacity to take as much as 500,000 tonnes (or its crushing industry, US Agriculture Department analysts said. The Soviet crushing industry may need at least
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    • 403 4 OPENING prices in Singapore yesterday were marked up slightly on higher London advices and the market later gained further ground on forward buying before failing back as sellers predominated. Values fell about four cents towards the morning close. Some profit-taking was also noted at the highs, dealers said. The
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    • 414 4 R A.S prices in centt per kilo yesterday: Noon (per kilo) Buyers Sellers Int. 1 RSS prompt f.o.b. 312 00 313 00N tat 1 R.S.S. July 306.00 306 50 Int. 1 RSS August 305 50 306 50 bit 2 R.S.S. 296 50 297 50H UK Coat 295.50 296
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    • 129 4 1 1 3 >■"1 J«y KA8 J«»T Kmft—X (Cm T*Bt Mtk) tr. r*ir4 Mtfcl Bmyt »n Sailer* Bayers Salter* SSR 20 (1 u» palteti ***** 293 OON ***** 293 00N SSR SO (1-ton pallet > 286 00 290 OON ***** 290 OON MftZLB SMR CV (1-taa palkti
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    • 410 4 THE WEEK ended June 14 saw a dramatic reversal admidst volatile and erratic trading conditions, with operators hard pressed to keep up with latest price movements and differential changes, says Catler, Bath A Co. in its weekly review of the Malaysian and Singapore rubber
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    • 59 4 THE STRAITS til price In Penang yesterday rase Mill ta $1,9*5 a picul. Dealers said the overnight firmer Landan prices and sustained baying support (ram all sanrces aided the market higher. Tatal volume of tin concentrates delivered by miners which (ell ta 191 tannes (ram 212 tannes alsa
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    • 30 4 Rubber: June 15 Singapore: July: 299.50 cents (down 6.00 cents) Malaysia: July: 299.50 cents (down 6.50 cents) Tin: $1,995 (up $10) Official offering: 191 tonnes (down 21 tonnes)
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    • 326 4 SINGAPORE: Yesterday's closing prices in S$ per kilo, ex-godown: THAI WHITE 100 per cent firct class (Kangaroo) new crop O.K. 100 per cent second class 0.85, 100 per cent third class 0.80, 25 per cent new crop no stock. B-10 per cent 070 THAI BROKEN A-super 0 82. Special
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    • 161 4 THE SUGAR futures market yesterday closed easier with losses ol 0.06 to 0.20 US cents, dealers said. Trading continued quiet and featureless with no trades done as on Thursday, while yesterday's spot sugar price eased 0.10 to 8.00 cents. Sugar futures closing prices: CMag CMi| July 8.25 30
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    • 194 4 YARN and cotton prices were quoted as follows in Hongkong yesterday: (In HX dollars, spot ex-godown) Cattaa yara: China Blur Phoenix 20s 2,330 32s 2,830 40s 3.030 (per bale of 400 lbs). Piece gaa4s: China Butterfly and Globe brand unq; Dragon Head unq. Five Lambs unq; Flower and Butterfly
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    • 372 4 APART from the little stir in the coffee bean market, yesterday was another idle period for commodity dealers on the Singapore produce market. Following the estimate that about 33 per cent of the coffee trees in Brazil had been adversely affected by the frost of June 1, buyers
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    • 200 4 CHICAGO soybean futures on Thursday retreated from daily highs on local profittaking and closed up 13>« to 17"« US cents a bushel. New contract highs were set from August forward. Traders said the 30-day outlook calling for warmer and drier weather was seen as bullish because it may reduce
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    • 807 4 COFFEE: Robusta futures yesterday closed the morning barely steady, up from the earlier lows but still £48 to £34 per tonne down from Thursday in sales of 5,078 lots including 47 options. Spot month July ended the morning £38 lower at a midprice of £2,055 against an initial
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    • 68 4 C.I.F. North European ports, tn US dollars per ton unless otherwise stated. LONDON: PMVIMI Malaysian SHffa bulk per tonne TNfi a nrVIWi 962slr July 665slr Sumatra 5% ((a bulk 082 sir June 685slr July MOslr 675slr August 877'. sir 672 1 .sir September STOslr 665s lr Nigeria 5%
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  • ASIAN STOCKS
    • 569 4 Tokyo Source: DBS-Daiwa THE market rebounded yesterday, with attention mainly on medium-sized blue chips, reflecting Thursday's bullish sentiment and news that the Tokyo Stock Exchange has lowered the collateral margin from 70 per cent to 60 per cent. Mutual funds continued to be active.
      Source: DBS-Daiwa  -  569 words
    • 351 4 Source: SHK Sec THE market remained unchanged yesterday with very narrow fluctuations in share prices. Rumours of a rise in interest rates today caused indecision among investors and with world stock markets generally lower, buyers were by no means aggressive. Dealers are now awaiting some good news but the
      Source: SHK Sec  -  351 words
    • 235 4 JUNE IS Bah Is Asia Credit 260 2 Asia Klbre ISO 6 Ayuthaya Inv And Trust 146 5 Bangkok Investment Bangkok Bank 350 4 Bangkok Drying And Silo 300 g Bangkok Insurance Bangkok Metropolitan Ban Bangkok Nylon Bank Of Asia 190 2 Bank Of Ayudhaya Ltd 222 2 Bala
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    • 259 4 JUNE IS 1 Cents INDUSTRIALS A C I. 106 -2 A S I 168 -3 A P M 123 unch Ampol Pel 66 unch B H P sr.* -30 Bank NSW 33* 3 Boral 216 •1 Brambles 176S C B A 242 unch C S R 396 -8 Coal
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    • 105 4 JUNE 15 Pr»os Aiojr Mining ooe unci" Alias Con A Alias Con B. 1».10 -OJ bugu'o Gold 00# uncr Benguel Con B 2300 1 BK Goodrich 2030 uncf CUCP 20 00 uncr Info B Landoil .11.1 oiss -0 001 Lepunlo B 1825 -ooo Munnduque B 80 uncr -0 JS
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    • 64 4 FINANCIAL TIMES INDUSTRIALS Thursday 474-2 Wednesday 478.9 Week Ago 514.0 DOW JONES AVERAGE INDUSTRIALS Thursday 842.34 Wednesday 842.17 Week ago 830.90 LONDON DOLLAR PREMIUM Thursday 30 to 30 1 Wednesday SO 1 to 40' t H.K.HANG SENG Friday 543.70 Thursday 540.70 Week ago 552.30 SYDNEY INDUSTRIALS Friday 477.11
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  • Page 4 Advertisements
    • 168 4 Study Accountancy with the Specialists Study with Foulks Lynch J i < >\iK >\ Since I SS4 I on Iks I iK'h tut c m t uioi iii<j udent» !i om >tli i onn J i Ik* uor Id lot tic .ii ions Xccoiint.iiK c\amin.ll ions and o\ ci c.tt
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  • OVERSEAS
    • 370 5 UPI THE United States and the Soviet Union on Thursday initialled the new strategic arms limitation treaty (Salt II) due to be signed in Vienna on Monday by President Carter and Soviet leader Leonid Brezhnev. At a brief ceremony, the head of the
      UPI  -  370 words
    • 225 5 THE US House of Representatives ways and means committee put off final action until next week on the proposed windfall oil profits tax after adding US$B billion (5J17.6 billion) more in taxes than President Carter proposed. The committee, which on Wednesday set a 70 per
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    • Article, Illustration
      377 5 EXPECTED ARRIVALS TODAY KEPPEL WHARVES Adhiguna Harapan (0700) 10/11 Amagi Mam (0200) 38/ 39 Ai Shan (1200) 29 30 /Gudrun Bakke (after Ocean Sincerity will haul East after Iban Hayyan sails) 6/7 IBN Hayyan (1300 after Ibn Bajjah) 8/9 Jian Chang (after Golden Sea 707) 13/14 Nedlloyd
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    • 735 5 PETROL tank trucks escorted by US state troopers and national guardsmen stood against striking independent truckers in Alabama on Thursday and began making delivery runs to dry service stations. Sniper fire riddled some unescorted rigs. Blockades at fuel depots left parts of the south
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    • 116 5 UPI SOVIET charterers dominated the freight market with a flurry of time-charter booking said to amount to about 30 bulk carriers for US grain transportation. This usually involved tonnage making June-July delivery in northern Europe or the Mediterranean for transatlantic round voyages through the US Gulf. Not all
      UPI  -  116 words
    • 367 5 SAUDI Arabia probably will take a more hawkish stand than usual when it meets other members of the Organisation to Petroleum Exporting Countries on June 26 to discuss oil prices. International oil analysts and energy economists said the Saudis want to bring some stability
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    • WORLD IN BRIEF
      • 664 5 Agencies THE Iranian oil supply cutback has been more than compensated for this year by increased production from Saudi Arabia and the North Sea, US Energy Information Administration head Lincoln Moses said. He estimated world production at 60.7 million barrels a day in the first three months
        Agencies  -  664 words
    • 870 5 ARRIVALS Service Local Operator Number Time From MAS MH601 0700 KUL SIA/BA SQ/BA17 0710 LHRBAH MAS MH682 ono KCH SIA SQI01 0615 KUL MAS MH621 0640 PEN MAS MH607 0645 KUL MAS MH671 0945 PEN/KUL CAL CI806 1000 HLP CPA CX710 1005 HLP GIA GA90O 1030 HLP
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  • Page 5 Advertisements
    • 286 5 from Penguins /Ew3Ms™ K 3SK Cl k\ M/ u ties oftbe ec f i Dear Mo: Peter Ustinov This is a brilliant book. It isfxtremely funny: there are hilarious stories about Sir Ralph Richardson and Sir Laurence Oliver (both of whom Mr Ustinov treats rather unkindly), and even more comic
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  • 480 6 THE president of the National Trades Union Congress is a very effective drum beater when it comes to getting workers to march in tempo to new economic realities. His latest foray into the field should find willing supporters not least of which for the
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  • 317 6 THE PROGRESS that is being made towards setting up an effective export promotion body is very encouraging. Both the Ministry of Trade and Industry and the Singapore Manufacturers Association appear to have put their weight wholly behind this task, and three alternatives have emerged
    317 words
  • 1071 6  -  FOREIGN AID IN REVERSE By ADLAI AMOR Depthnews THEY CALL it reverse transfer of technology. Or the reverse form of foreign aid. Actually, these are just fancy names for the brain drain problem plaguing developing countries today. According to a study by the United
    Depthnews  -  1,071 words
  • 874 6  -  By LEONARD SILK NYT DOES petrol rationing make sense or not? The latest New York TimesCBS News poll shows that most Americans now favour rationing as the way to handle a petrol shortage. One question put to 1,422 people of voting age around
    NYT  -  874 words
  • Page 6 Advertisements
    • 78 6 BUSINESS TIMES GIVES YOU THE EDGE MigSfrS Every single business day, Business Times keeps you informed of essential financial, commercial and industrial news. Economic Trends. The Money Market. Price Indices. Company News, Reports. Opinions and predictions. Can you really afford to miss Business Times? Subscribe now. Cut out and post
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  • Page 6 Miscellaneous
    • 1374 6 TV Switch on for Dionne AVOID tfce trmffle-Jum, nve peM bat ue mm electriety toalght by «Uylag at heme to watch ry UiMßf w vwid ivpctally mm st ber great Bart BaewMk-pea-aed btto la Celebrity Ceaeert at l.tf. Have year awa peacefal, relaxed dlaaer la treat «f toe TV wblle
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  • 759 7  -  FOEOM With JOSEPH SISCO FROM the difficult to the more difficult. This is the process unfolding in the Middle East. Two disengagement agreements between Egypt and Israel in 1974 and 1975 and a similar accord between Syria and Israel in 1974 helped create
    759 words
  • 309 7 THE mad rush by bankers, industrialists and businessmen around the world to grab a slice of the Chinese cake when it first appeared earlier this year has now settled down to a more orderly and realistic pace. But interest in the business opportunities in China continues
    309 words
  • 1480 7  -  By CRAIG WHITNEY NYT AS LEONID Brezhnev meets in Vienna with President Carter, the burden erf three years of mistrust and tension weighs heavily on the Soviet Union's expectations for the conference and its future relationship with the United States. There has been no
    NYT  -  1,480 words
  • 824 7  -  By JUDITH PERERA FT THERE are signs of growing concern in the West, and particularly in Washington, that control of nuclear technology is increasingly slipping out of the hands of the major powers. France has always been something of a maverick among the nuclear suppliers,
    FT  -  824 words
  • Page 7 Advertisements
    • 0 7 ]))*-"/=~|:|$'(/;@<>^~,=|.\'"=-
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    • 220 7 THE INTERNATIONAL LAUNDRY, DRYCLEANING AND FABRIC CARE EXHIBITION. 30 JAN. 2 FEB. 1980. WORLD TRADE CENTRE, SINGAPORE. The last few years have seen a suoden upsurge in the demand tor more efficient and sophisticated laundry and drycleaniAg services in ASEAN, brought about by rapid industrial and social development The offshore
      220 words
  • Page 7 Miscellaneous

  • INTERNATIONAL STOCKS
    • EUROPEAN MARKETS
      • 210 8 JUNE 14 Us ARN 344.30 -0.7 Ahold 90 50 0.5 Akzo 28 50 -01 AMEV 86 00 -1.2 Am las 108 20 0.2 Am rot Bank 69 50 -03 BergosN 58 10 -04 Berk 96 20 -06 BoU 63 50 0.5 Borsumij 159 00 -1 Burhmann 5910 -09 Byenkorf
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      • 279 8 JUNE M Frs CORBEILLE Air-Liquide 400 -1.8 B S N Gervais Danone 615 -7 C S F (Thomsonunch Cs() 365 Cie Francais* 2.8 des Petroles 184 50 Compagnie Financlere Compagnie 382.50 -3 5 Generate Credit Fonder De France 471 -2 Hachetle 246 (Libraine) -3 Machines Bull 57 50 -0.65
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      • 185 8 JUNE 14 Francs Anions Suisse* 288 Alusuisse Br 1280 15 Alusuuse Reg 494 1 Brown Boven Br 1745 15 Ciba Geigy Br 1280 unch Ciba Geigy P C 1020 -5 Ciba Geigy Reg 891 -4 Credit Suisse Br 2150 -10 Credit Suisse Reg 415 unch Elektrowatt Br 1875 -10
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      • 95 8 JUNE 14 Frs FORWARD MARKET Ar«* 432 •8 Arbed 2530 unrh Astur 616 6 Brascan 638 4 Br u-Lamb 1775 -5 Canpac 862 2 Cock 524 -16 IV IWrt 201 2 Ebet 2200 -15 Electrobel 6000 -10 Gb-Inno-Bm 2620 -30 G*v 1254 unch Hobok 3090 ♦10 Petro 4685 -20
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      • 104 8 JUNE M Lire Anie 32 SO OS Assoc Gtn 431S0 120 Baslogi 779 50 -15 5 Cenlrale 5000 •3S Kial 2632 -43 Kinsidrr 159 25 -15 Gen Immob M 25 -IS IH Prt 2252 -II llalcemenli ***** -230 ■taigas 703 -1 llalsider 400 unch Mugnrli M PI 542 3
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      • 8 8 Frankfort stock market was closed on lliiirsday.
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    • 205 8 JUNE 14 cs A MUM 1«'J Alcan «J. Algoma 30 unch Bank Mont 23 Bank Nova ScoUa 22'» Bell Tel 22'. unch Belli Corp BP Can Ltd... 2»'. Brascan 23 -1 Camp Red Lake 21'* unch r.n Imp Rk 25 Canpac Canpac Inv Pf ir.B unch Carting O'Keefe Coltilnco
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    • 1093 8 NEW YORK THE STOCK market settled (or a small loss in active trading on Thursday after recovering most at the ground lost early in the session. The firming trend was surprising since analysts were predicting a rise in the basic money supply this week. The market is often
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    • 321 8 JUNE 14 Rand INDUSTRIALS A Alpha 155 unch Abercom 228 unch AE And CI 430 -5 AMIC 1450 -25 Barlows 578 .2 C( Sugar 620 unch CN A 280S unch Currie Finance 85 -1 De Beers Ind Edcon 340 Edgars 4400S unch Eveready Fed Volk 195 Fugit 117 unch
      321 words
  • Page 8 Advertisements
    • 704 8 Where to wine, dine and entertain c 1 For drinking. For dancing. For dclightful evenings. Music by Bacchus International of London Open hours: SI A 77// R 9PM JAM SI2 i-7, IS I I)RI\K fRI. SA I 9PM JAM 5/5 <h> rr IS I DRIXK CVntury l*aii-k SlmtiKoii S«£RA t
      704 words
    • 59 8 .rsr. X N v,.. rt J fit. ill if I r Steak House Mitw-Q Try our Teppan-Yaki steak In our cosy, personalised atmosphere A truly mouth-watering delight And a time that you'll remember. Business Hours: Lunch 12.00 noon 2.30 p.m. Dinner 6.00 p.m. 10.30 p.m. TEPFAN-YAK I =11 MENO-Q Ist
      59 words

  • BANKING AND FINANCE
    • 428 9 Reuter AMERICA'S narrowly defined money supply Ml rose a record US$6.9 billion in the week ended June 6 to a seasonally adjusted $370.9 billion, the New York Federal Reserve Bank said. The previous week's figure was revised downward to $364 billion. Ml plus
      Reuter  -  428 words
    • 184 9 Reuter UPI BARCLAYS Bank Ltd said it raised its hue leading rate to 14 per cent from 12 per eeat effective yesterday. Bat Barclays raised Its depsslt rate ta 12 per eeat tram 9>/ 2 compared with 11'/, per eeat by the ether mala clearing
      Reuter; UPI  -  184 words
    • 265 9 Reuter FEDERAL Reserve Board governor Mr Henry Wallich said short term US interest rates have been negative of late when expected inflation is taken into account. This has implied an insufficiently restrictive monetary policy. Addressing the Association for the Study of Economic and Social Problems in
      Reuter  -  265 words
    • 557 9 Reuter US CONVERTIBLE bonds and dollar straight bonds continued to drift lower on Thursday in quiet trading. US convertibles were down to '2 point on the day reflecting the fall on Wall Street, while dollar straight bonds lost 1 to point mainly on profit-tak-ing, dealers added. Japanese
      Reuter  -  557 words
    • MONEY AND EXCHANGE$
      • 441 9 THE US dollar had a fairly quiet morning of trading yesterday. It only moved later in the day and closed lower against major currencies. Against the yen, the US currency started off at 220.30 40 and stayed there till Tokyo's close. It then began its downward slide and
        441 words
      • 127 9 THE MAJOR currencies yesterday held steady from morning levels in quiet late trading here, dealers said. The US dollar was quoted at 1.7220/40 Swiss francs from 1.7225/35 in early trading and 1.7210/30 in New York, at 1.9055/60 marks from 1.9040/50, unchanged from US levels, and at 220.20/30 yen from
        127 words
      • 201 9 Asian rates ASIAN currency deposit interbank rates as at close on June 15: I'S Dollar*!Spot) Offer Bid 7 days 10 7/16 105/16 1 months 10 i 10 1 2 months 10 9/16 10 7/16 3 months 10 9/16 10 7/16 6 months 10 9/16 10 7/16 9 months 10 5/16
        201 words
      • 10 9 sffl BSSj T?T5»1 rnS Source: National Discount Co Ltd
        10 words
      • 50 9 RESULTS of tender held yesterday (or 91-day Treasury bills to be issued from June 18to June 22: Oflered: 520.000.000 Applied ter: $34,750,000 Aliened: {20.000,000 Accepted kids: $98 86 approximately 16 per cent; higher bids in full. Avenge rate d dteeewrt sa altetmeat: 4.375 per cent per annum
        50 words
      • 21 9 THE average rale at which Singapore banks are currently prepared to lend to their best customers is 8 per cent.
        21 words
      • 271 9 SINGAPORE gold futures yesterday closed narrowly mixed after fluctuating marginally throughout in fairly moderate trading, dealers said. Turnover fell slightly to 175 lots from 222 lots overnight with interest centred on August, October and December contracts. August closed slightly lower at U*****.50/70 an ounced against 283.70 284.20 overnight and
        271 words
      • 153 9 THE US dollar for overnight delivery yesterday closed easier at 220.30 yen, compared with a 220.60 opening and 220.70 at Thursday's close, dealers said. Trading was quiet throughout the day with volume US$525 milion. No central bank intervention was detected. Dealers were generally reserved in the absence of fresh
        153 words
      • 222 9 NEWS OF record weekly rises in US money supply weakened the dollar on a moderately active foreign exchange market yesterday morning, dealers said. The figures made recent falls in US interest rates, which prompted further prime rate cuts by US banks on Thursday, appear temporary, they added. Eurodollar deposit
        222 words
    • 627 9  -  By ALVIN TAY OVERSEAS Union Bank (OUB) and Industrial and Commercial Bank (ICB), which introduced the OUB Giro service and ICB Telepay respectively last month, have met with mixed responses to their schemes so far. The OUB Giro service was introduced on May
      627 words
    • 221 9 Reuter SOUTH African gold production could rise to about 715 tonnes this year from 704 in 1978, and to about 750 tonnes by 1985, Chamber of Mines of South Africa chief economist Mr Tom Maine said. In a prepared address to the World Gold Conference in
      Reuter  -  221 words
    • 183 9 Reuter THE World Bank announced on Thursday the approval of U5565.5 million (SSI44 million) in loans to the Philippines, Thailand and Sri Lanka. The bank said the Philippines loan of $25 million will go to its industrial guarantee and loan fund for use by small
      Reuter  -  183 words
    • 99 9 AFP JAPANESE institution made significant gains in this year's list of the top 300 banks worldwide published by the trade paper, The Banker. Dai-ichi Kangyo Bank entered the top 10 in seventh place and there were 10 Japanese banks in the top 25. Of the top 300
      AFP  -  99 words
  • Page 9 Advertisements
    • 378 9 NEW From *rto* Youth in the Army This book is a collection of case studies and sketches of army boys: of the ordinary foot soldiers, the officer-cadets, and the problem soldiers and soldiers fallen into drug-taking. There is also a succinct discussion of military life of the adjustment or malajustment
      378 words

  • DEALS DONE ON THE SES AND KLSE
    • 1332 10 BID and offer prices officially listed and business In and jeported to the Stock Exchange «f Singapore yesterday with the *1 umber of shares traded shown *n brackets In lots of 1,000 units Unless otherwise specified All Time Settlement Contracts are quoted after the word "sett". Big Board
      1,332 words
    • 89 10 Striking prices of the options officially listed on the Stock Exchange of Singapore yesterday, the period, bids and offered prices and business done, if any, with the number of options traded shown in brackets. C«M Storage (June $2 00) (0.278 0.325). C A C (June *2 60) (0.328
      89 words
    • 181 10 4 1/2% 1/8/80 (250.000) (99.548 99.645) 4 3/4% 15/9/80 (250.000) (99 608 99 755) 5 3/4% 1/8/78-80 (250.000) (100.758 100.85S) 5 1/2% 1/5/79-81 (250.000) (100 358 100 455) 5 3/4% 1/9/79-81 (250.000) (100 508 100 60S) ft 1/2% 1/3/81 (250.000) (100 108 *****6) ft% 1 ft/4/81 (250.000) (99
      181 words
  • 166 10 SINGAPORE UNIT TRUST INCOME BOND UNIT t i i pnra i far Jaa U) (Cwnrt pr Income Bond k-ea) The Commerce 111 2 24zd 111 LIT The Saving Fund 1 36 1.44 S pore Prog Fund 0.98 1 03 S pore Sec. Fund S pore Invest Fund 182
    166 words
  • 2602 10 Gr's Gr's Net 1 1979 Last Div Div Y'ld P/E Vol Day High Low Company Sale or- Cvr h COOO) High Low SECTION ONE INDUSTRIAL COMMERCIAL 261 207 Acma 244xd 15.0 2.2 6.1 12.5 190* 123' Alcom 179xd 10.0 13 53 23.8 142 110 Allied Choc 136
    2,602 words
  • 1783 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 INDt STBIALA Am (2 258) xd (2 KB 3 OOS) mearn (IKB
    1,783 words
  • 600 10 SHARES moved erratically within narrow limits arran the board la dull trading on the Stock Exchnnge of Singapore yesterday. Oa balance the market closed practically unchanged. At aa time during the day was there aay urgency to sell ar hay stocks. This lethargy was merely a
    600 words
  • 411 10 SHARE prices closed mixed in another sluggish session on the Kuala Lumpur stock market yesterday. Traders were again hesitant and cautious in the absence of fresh development. With most traders not wanting to commit themselves ahead of the weekend, volumes remained low, as was reflected in
    411 words
  • LATEST RESULT
    • 146 10 Group pre-tax profit for the year ended March 31, 1979 of M 53.02 million compared with a loss of (288,000 the previous corresponding period on turnover of $19.65 million (1901.000). The directors recommend a first and final dividend of 8 per cent (nil). The company
      146 words

  • COMPANY NEWS
    • 1240 11  -  By CATHERINE ONG DEVELOPMENT Bank 111 Singapore celebrated its tenth anniversary with a massive profit and improvement in all operations. For the year ended Dec 31, 1978, a hefty increase in provision for possible loan losses and diminution in value of investments pared
      1,240 words
    • 245 11 GENERAL Lumber (Holdings) has posted poor results with a trading loss of $119,700 for the first halfyear ended March 31, 1979. Although the loss is lower than the $230,700 in the corresponding half of 1977 78, the situation appears to have deteriorated considerably
      245 words
    • 786 11 Current Ex Books Date Total for Total for Payment Date Close Payable the year Previous year FE Ship 5%(b) May 28 Jun 2 Jun 16 5% 20% Kings' 75%(b) May 28 Jun 4 Jun 16 75% 75% P Prod 10%(b) May 25 Jun 6 Jun 16 10% 6%(a)
      786 words
    • 122 11 Company Particular* Ex Date Books Cloae Oriental Hldg* Bonus Issue of 8 for 5 Jul 4 Jul 16 Mai Flour Bonus Issue of 1 for 2 NYA NYA Spore Glaaa Bonus Issue of 1 for 5 NY A NYA Yeo Hiap Seng Bonus Issue of 1 for 3
      122 words
    • 894 11 AFTER suffering a decline of 11 per cent in consolidated pre-tax profit to $7.6 million last year, Kulim (Malaysia) is confident that it will achieve a record profit this year. "With palm oil prices at acceptable levels and signs of an improving sole crepe market,
      894 words
    • 413 11 mm® by HOCK LOCK SIEW DEAR Mr. Smalltime Investor of Singapore 21, your letter dated June 13 referring to the true worth of the share, Koala SI dim does pose a very interesting hypothetical question. Much as we welcome contributions from onr readership, we feel duty bound
      by HOCK LOCK SIEW  -  413 words
    • 381 11 THE Registered office of Slme Darby Holdings and Slme Darby London Ltd will be situated at the 3rd Floor, 52 54, Leadenhall Street, London with effect from July L THE Straits Times Press (1(75) Ltd informed the SES that Messrs C.C.Tan, M.Y.O. Fam and Dr. B.K. Sen have
      381 words
    • 469 11 Khoag Gaaa Baidlngs (M) BM: AGM to be held at 5th Floor, Bangkok Bank Building, Jalan Bandar, Kuala Lumpur at 12 noon on June SB. Sin Chew Jit Pah (8) Ltd: AGM to be held at No. 19, Keppel Road, Singapore 2, at 12 noon on June 20.
      469 words
  • Page 11 Advertisements
    • 99 11 Acreage Crops: Malaysia 1 Planted Acreage Oil palm mature Oil palm immature (including in course of planting) Rubber (all mature) Prod action Palm oil from group crops from purchased crops Palm kernels from group crops from purchased crops Rubber (mainly premium grades) from group crops from purchased crops Average selling
      99 words
    • 112 11 For a Successful BANKING Career study with Wblsev I lall OXFORD for the Institute of Bankers CONVERSION COURSE The duration of the complete Wolsey Hall Conversion Course is 26 weeks so enrol now for the December 1979 examination. Also available. Wolsey Hall Courses for the Stage n Year 1 examination
      112 words

  • 239 12 AFP JAPAN cut its trade surplus with the rest of the world in May to US$7O million from CIO million in April, the Japanese Finance Ministry announced yesterday. The May figure, which compared with a $1.33 billion surplus in the same month of last year,
    AFP  -  239 words
  • 145 12 AP A GENERAL strike throughout Australia appeared imminent after the breakdown of talks between the West Australian government and the Trades and Labour Council. A two-day ban on foreign ship traffic was also planned for next week in Westem Australia. The state premier, Sir Charles
    AP  -  145 words
  • 505 12  -  By TSANG SAU YIN IT IS not the government's intention to run local architects out of jobs. This assurance was given last week by Mr Teh Cheang Wan, Minister for National Development, when he met with the Singapore Institute of Architects (SIA), over the government's
    505 words
  • 363 12 MALAYSIAN insurance companies which have not restructured themselves in line with the objectives of the New Economic Policy (NEP) are expected to do so even tally. Malaysian Deputy Minister of Finance Datin Paduka Rafidah Aziz said these companies are expected to review their structure in relation to
    363 words
  • 51 12 An old woman and a young girl peering out of the cut stone bunker they have built in the kitchen of their home in Leon, Nicaragua. Leon is under daily bombardment, rocket and cannon fire and strafing as well as street fighting and snipping. AP photo AP
    AP photo  -  51 words
  • 853 12 LONDON, Fri. Equities were firmer in quiet end-of-account trading today, dealers said. At 3 p.m., the Financial Times index was up 8.0 points at 482.8. Industrial leaders gained up to 12p as in J«k« Brawa, while government bonds closed 3/16 point higher in longer-dated loans. Gold mining shares
    853 words
  • 35 12 Prime Minister Lee Kuan Yew (left) chatting with European Community Industry Commissioner Viscount Etienne Davjgnon prior to trade talks at the Community's headquarters in Brussels on Thursday. AP photo AP photo
    AP photo  -  35 words
  • 169 12 UPI BANK 9i America and Chase Manhattaa Baak,the biggest and the thirdraakcd banks la the United States, towered their prime leadlag rates •a Thursday to 11'2 per cent fram 11 < per rent. This may prampt the seeaad largest baak, Citibank, to eat its
    UPI  -  169 words
  • 73 12 AP MARILYN LEWIS OF Pittsburgh, Pennsylvania, learned the hard way that lawsuits aren't always legal. After filing some 20 suits against Richard Lewis Jr following their 1976 divorce, she became the only woman in the Englishspeaking world to be convicted of barratry, according to
    AP  -  73 words
  • 467 12 Reuter NATURAL gas may eventually surpass petroleum as Indonesia's most important hydrocarbon resource for exports and feedstock, a report on the Indonesian oil sector by the US embassy in Jarkarta says. The report says, without citing figures, that total gas production increased by
    Reuter  -  467 words
  • 139 12 Reuter PRODUCER countries in the International Tin Agreement (ITA) will set up a London-based bureau to continue their preparations for negotiation of the sixth agreement with consumer nations next year, producer officials said. Ideas put forward at a two-week preparatory meeting of the seven
    Reuter  -  139 words
  • 129 12 AFP THAILAND and Malaysia have agreed to review the need for enhancing the existing collaboration, in view of the changing security situation in the region. This was disclosed by Malaysian home affairs minister Tan Sri Ghazali Shafie, after talks yesterday with the visiting Thai defense
    AFP  -  129 words
  • Page 12 Advertisements
    • 125 12 SALESMEN and SALESWOMEN: Get more results! DEVELOP MORE SELLING COMFDENCE CLOSE MORE SALES MAKE MORE MONEY DAL! CAKNB6IK y, develop sales confidence TlllS id more of your products or services action-packed Sales Course "v*** r«» um porsomfty i re*ch row jojfa in sdbif helps you: prepare lor advancement mak* liti
      125 words
    • 396 12 SANDY/FAWKES KILLING TIME by Sandy Fawkes Sandy Fawkes felt like screaming inside. The man she'd spent six days and nights with "a cross between Robert Redford and Ryan O'Neal" had just been revealed as a mass murderer, rapist and a pervert. Sandy lived to tell her story because the killer
      396 words
  • Page 12 Miscellaneous
    • 59 12 Outlook for Singapore from 6 a.m. to 1 p.m. today: Mainly fair. Report far 24 hoars prior to 7.3f p.m. on Jane 15 »t the airport. Maximum temperature 28.2 Associated humidity 84 Minimum temperature 24J2 Associated humidity 100 Hours of sunshine 0.10 Rainfall in millimetres 24.9 Total rainfall for the
      59 words

  • LEISURE TIMES
    • 1286 13  -  By TYE KIM KHIAT A VISIT to a historical site can be made more meaningful if one learns about its background beforehand, leading to a greater appreciation not only of its shell but also the living spirit then that imbued those who built it. In
      1,286 words
    • 890 13 BOOK or THE WEEK Title: Funny Business. Author: E. Alfred Osborne. Publisher: AMACOM.U.S. 110 pages. All Prentice-Hall distributors. Price: US$ll95. Reviewed by Lee Yoke Meng. REVIEWING books on business subjects tends to become progressively less pleasant as one becomes disenchanted with the overall dryness
      890 words
    • 512 14  -  By HSUNG BEE HWA A KINDLY, middle-aged woman trapped in her house with an aggressive mental misfit this is the unusual situation presented in the Stage Club's latest production "The Man" by Mel Dinelli. A study into the workings of a psychologically disturbed mind, it poses
      512 words
    • 971 14  -  By FRANCIS CHIN IT WAS a hot, windless afternoon. We were a new batch of recruits in Sentosa camp and this was the first time we were running with the heavy army boots. I was so tired. Every bone inside was rippling with pain. I thought
      971 words
    • 90 14 UTA French Airlines hostesses are now sporting uniforms specially created by Hermes of Paris. For the ground hostesses (above), Hermes has chosen a soft pastel green fabric, with very fine prints of UTA logo on it. The skirt is slightly gathered, with a panel pleat in
      90 words
    • 1461 14  -  HEALTHFUL LIVING By JANE BRODY NYT THERE'S one simple way to save money: Eat the potatoes. Also the rice, pasta, corn, beans and bread. Strange advice, coming from a column on healthful living? After all, you might ask, aren't these the starchy foods, high in calories
      NYT  -  1,461 words
    • PROPERTY
      • 787 15  -  MORE LOW-RISE BUILDINGS By TEO TECK WENG THE TOWNSCAPES of middle-income housing estates provided by the Housing and Urban Development Company (HUDC) are undergoing a major transformation. In two of the three second phase HUDC estates, low rise blocks of between four and six stories
        787 words
      • 509 15  -  By TSANG SAU YIN THE austere-looking Hotel Tai-Pan along Victoria Street is currently undergoing a major renovation programme that will improve the appearance of its rooms and public areas. Giving the hotel a "classier" image is costing the owners, Jack ChiaMPH, an estimated $2 million.
        509 words
      • 350 15 SOMMERVILLE Properties, developers of Apollo Garden, are embarking on the construction of the second phase of the residential estate. Located at Upper Changi Road, the first phase has received good response. All the 15 terrace houses have been sold while only five units of the
        350 words
      • 343 15 NEW DWELLINGS constructed by the Housing and Urban Development Company (HI-DC) under Its second phase are concentrated in three estates Chancery Court, Braddeil View and Ambervilie. They comprise 234 low-rise onits housed in four- and six-storey blocks and 388 high-rise tower apartments. All units will be three-bed-roomed
        343 words
      • 180 15 TONG BUILDING, located in Orchard Road has found one of the world's most famous tenants, Gucci, synonymous with exclusive leather and fashion goods throughout the world. The shop occupies about 300 metres (approximately 3,200 square feet) of space and will stock the full range
        180 words
    • 621 16  -  RECORDS •y JOHN LIM A POWERFUL lyricist, Nell Young with his characteristic high pitch quavery voice was destined to be THE singersongwriter of the current decade. Bat the same strong emotions which catapulted him into international acceptance, caused him to torn away. He first received acclaim with
      621 words
    • 537 16  -  MIDNIGHT EXPRESS By ANTHONY TAN IN THE LATE spring of 1970, Billy Hayes, like many other American students, found himself in Turkey with his girlfriend after trekking across Europe. In a foolhardy act which he was soon to regret, Hayes spent the last of his money to buy
      537 words
    • 582 16  -  The United States has probably been responsible for the bulk of all the gadgetry that is now to be found around kitchens and is reckoned indispensable for the culinary expert. But one of America's top cooks suggests that there are more efficient tools available. WEEKEID
      582 words
    • 1013 16  -  By RONALD KOW ALL THIS WEEK, someone would probably have been going round the office, the factory, or even the whole building, conducting an "opinion polls" on who will win tonight's Malaysia Cup final between traditional rivals Selangor and Singapore at the Merdeka Stadium in
      1,013 words
    • 143 16 SHADES of the Blue Angel and Christopher Isherwood. These fashions could come only from Berlin and they could have come way back in the thirties. All the old decadence and the haughty hardness are there, hot they epitomise the new role that West Berlin is playing in the
      143 words
  • Page 13 Advertisements
    • 20 13 i r. ■[In I Who will win the Malaysia Cop tonight? .........................IV The superstar with a Heart of Gold IV
      20 words
    • 273 13 VI Illß KODAKEKIASgf! X A i i T A -A -V si A L *\\V< ps p?0 vo p^ v CV^ ov Si^ o* «-> that's the inevitable conclusion reached in the most comprehensive agricultural survey ever undertaken in Asia. And it will happen sooner than expected within the next
      273 words
  • Page 13 Miscellaneous
    • 907 13 WHAT WHERE FILM SHOWS THE SINGAPORE Science Centre will screen two films Computers Help People and Nu and Computer at its lecture hall tomorrow at 3pm. The cost: Adults $1, children under 16, 50 cents. There will be concessionary rates for groups of 30 or more BURT REYNOLDS and Laura
      907 words

  • Page 14 Advertisements
    • 320 14 GOOD READING FOR ALL PARENTS \t Ss Learning Through Play is a book chock full of ideas for I 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 nurse
      320 words

  • Page 15 Advertisements
    • 177 15 RIDGEUJOOD th<- Most Talked About Condominium in Singapore Now Booking! Spectacular 3-4 Bedroom Apartments. Superior Finish. Built in Cupboards. Kitchen with ceramic tiles, cooker hood, washer and dryer. Sales Prices from $196,000 FACILITIES 6 Farklike hectares A superlative Recreational Area, complete with 2 Pools, 2 Tennis Courts, Badminton, Basketball, Squash,
      177 words
    • 97 15 ON OFFER JONES LANG W i r A If you have real estate to develop We offer you practical professional advice on market trends and development opportunities. I I ITT If you're tired of waiting for a tenant We can show you ways to find tenants, improve your rental income
      97 words

  • Page 16 Advertisements
    • 313 16 A rz I 'Probably the best espionage novel ever written.' Richard H Growa/d, UP/ 'A major literary event... a marvellous tale of spies and intrigue spun with intricate skill by a master story-teller. A must.' PLA YBO Y 'As fine a novel as he has ever written concise, ironic, acutely
      313 words