The Business Times, 22 September 1979
1979-09-22
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The Business Times
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Title Section11 1979-09-22 1 BUSINESS TIMES M.C.(P) No. 141/1/U SATURDAY, SEPTEMBER tt, lfj» 50 CENTS11 words
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BRIEFLY...
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Article96 1979-09-22 1 AFP TOKYO, Fri. Prime Minister Lee Kuan Yew will make an official visit to Japan from Oct 21 to 26 and hold two rounds of talks with his Japanese counterpart, Mr Masayoshi Ohira, Foreign Ministry sources said tonight. Mr Lee is coming to Japan on hisAFP - 96 words
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Article66 1979-09-22 1 AFP MANILA, Fri. President Marcos tonight froze land prices in Metropolitan Manila at current market values and formed a commission to handle land disputes throughout the country. Mr Marcos, speaking on a nation-wide radio and television on the seventh anniversary of martial law, also froze the rentalsAFP - 66 words
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Article47 1979-09-22 1 AFP CADZAND (Netherlands), Fri. A Singaporeregistered oil tanker, the Saint-Vincent, ran aground today in the mouth of the Westerschelde in south-west Netherlands. The 44,000-ton vessel was laden with more than 80,000 cubic metres of oil. Tug-boats have been sent to help the tanker. AFP.AFP - 47 words
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Article54 1979-09-22 1 AFP VIENNA, Fri. Oil countries are looking into the idea of a fund to offset "imported inflation", the secretariat of the Organisation of Petroleum Exporting Countries said here today. The fund would be financed by industrialised countries so as to offset inflation embodied in the goods andAFP - 54 words
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Article66 1979-09-22 1 Reuter. BEIJING, Fri. China received 670,000 tourists in the first eight months of this year and says millions are expected in the next few years. The New China News agency today quoted Mr Lu Xuzhang, director general of the General Administration for Travel and Tourism, as saying facilitiesReuter. - 66 words
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Article67 1979-09-22 1 Reuter. LONDON, Fri. Britain has no intention at present of linking sterling with the currency arrangements of the European Monetary System, official sources said today. The Conservative government is unlikely to consider joining the system, which links the currencies of all eight other member-states of the EuropeanReuter. - 67 words
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Article68 1979-09-22 1 AP NEW YORK, Fri. The stock market gained more ground in heavy trading this morning, continuing to respond to news of an oil discovery off the Newfoundland coast. The Dow Jones average of 30 industrials climbed 2.64 to 896.33 in the first half hour. Gainers outnumbered losers byAP - 68 words
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Article138 1979-09-22 1 Rises G E Life 950 50 Temerloh 472 32 Ayer Hiiam Rub 420 20 SEAL 270 20 Tasek Cement 410 16 Magnum Corpn 466 14 Batu Lintang 316 12 Supreme Corpn 179 12 Glenealy 253 11 Straits Trading 715 10 Sel Properties 340 10 C Sugars 318138 words
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Article, Illustration149 1979-09-22 1 Rises Tronoh Malayan Tin K Kampar A Hitam (R) S Lumber Magnum Corp Supreme Corp M Mosaics W Jacks Kg Lanjut Malakoff Sanyo CCM 970 1960 424 436 267 462 178 160 168 270 310 360 580 +20 +20 16 16 15 12 11 10 +10 +10 10149 words
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Article857 1979-09-22 1 ANTHONY TAN - COLLATERAL WITH NARODNY By ANTHONY TAN CONSOLIDATED Hotels Ltd (CHL), owner of Peninsula Hotel and the partially-completed Peninsula Plaza, may soon change bands. A large block of its shares, pledged as collateral to Moscow Narodny Bank (MNB) in 1974, has been put up for tender857 words
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Article229 1979-09-22 1 AIR freight rates of members of the Orient Airlines Association are likely to go up soon. At the end of a two-day committee meeting yesterday, recommendations have been made to member airlines to raise cargo rates. It will be up to individual airlines to decide229 words
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Article333 1979-09-22 1 AFP VICE President Adam Malik of Indonesia yesterday stepped in to pacify Indonesian critics of Singapore's proposal that it would invest capital on Batam Island if it was allowed to run the management of the infrastructure. "We had better study the proposal first before making anyAFP - 333 words
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Article213 1979-09-22 1 THERE is a lack of research and development (R and D) activities by foreign manufacturers in the Asean region, said a prominent Japanese economist, Dr Ryokiehi Hirono yesterday. "Regardless of the nationality of foreign subsidiaries, the installation of research and development laboratories has been nearly nil, except for213 words
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Article115 1979-09-22 1 THE SENIOR Minister of State for Foreign Affairs, Mr Rahim Ishak, said he would not be surprised if women are fielded as the People's Action Party candidates in the next general election. He told a seminar yesterday he would not even rule out the possibility of a woman115 words
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250 1979-09-22 1 N8 Pecitraaica, the lecal maaataetortog ana the Nstlsaal Onaksadaetor Csrparattoa af Cdhnto, has (Bterkei ea aa opaiN pngrasflM to devetop Stogapare m On ■erre eeatre s< Hi SeathIHSEXe 1b the next 12 tha to expand ui ip(n4e tto actlvltfee tore. la toe250 words
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343 1979-09-22 1 MARGARET THOMAS - By MARGARET THOMAS THE 2-per cent training levy can be raised should the tripartite (Government-employers-trade unions) advisory council of the Skills Developemnt Fund so advise the Finance Minister. This was indicated by Finance Minister Hon Sui Sen in Parliament yesterday during the second and343 words
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Article125 1979-09-22 1 GOLD yesterday fell sharply in all the major markets after a surprise rally the previous day. In London, the metal closed at US$3»-371 an ounce, (15 lower than the previous day's close. Traders said the market was calm with the price appearing to hold steady on two-way trade.125 words
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Page 1 Advertisements
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Advertisement231 1979-09-22 1 Why the Right N. Y. Stocks Keep Climbing Newer Industries Pay No Attention to Slump Threat Why did New York stocks ranging from CENTRONICS to SCHLUMBERGER climb to new all-time highs after the U.S. administration declared that a recession had begun? Interests anxious to induce a setback may have motives231 words
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Advertisement118 1979-09-22 1 FOR PEOPLE WHO MATTER 'OujjMTAnd then s exoctfy hos fbtfTlotest television CvS-51 OPT)hosabig bolcficMn that meo*D" o mammoth (50 7/fl ")/blozing a exciting e?fri*home enteiKjinment. Utilising th* horizontal in-line sAtem of 3 cathode fttyjubes and 3 lorge lenses, the irr>6ges projected onto the screen ore supremely shorp ond bright. With118 words
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TRADE AND INDUSTRY
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Article, Illustration155 1979-09-22 2 ISETAN Orchard, which opens on Sep 28, expects sales to touch $99 mil Han for the drat year of operations. The sew store located aft Llat Towers occopies three floors with a total area of about 4,185 sq metres. The store has spent $2.5 million on155 words
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Article384 1979-09-22 2 COURSES AND TALKS Sep 24-Oct 19: Psychology Applied to Business and Management (8 lectures), Bukit Timah Campus, University of Singapore Department of Extramural Studies Sep 24-25: Finance for NonFinancial Managers, Ming Court Hotel, Price Waterhouse Associates Sep 25-Dec 18: Block Printing on Fabric, Waterloo Street Centre, University of384 words
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335 1979-09-22 2 THE National Trades Union Congress (NTUC) is looking into the role of trade unions in the second industrial revolution, and what it can do to help industries through this phase of Singapore's industrial development. This was disclosed by deputy director of the335 words
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183 1979-09-22 2 LOCAL television manufacturers can now export their colour television sets to Canada after a lapse of three years. The Canadian anti-dump-ing tribunal has just revoked its 1975 order barring the import of colour television sets from Japan, Taiwan and Singapore. Hearings had been183 words
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Article94 1979-09-22 2 THE ninth meeting of the governing board of the Regional English Language Centre (RELC) of the Southeast Asian Ministers of Education Organisation will be held from Sep 22 to 25 next year. This was decided at the eigth meeting of the governing board last Monday to review94 words
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Article, Illustration84 1979-09-22 2 MR Lira Ylng Chow, ekilnnM of Overseas Union lasnraace, recently gave a cocktail ballet party to bid (arewell to Mr Maarlee Chlya Lee on Us retirement, and to Introdace Mr Lao Hnl Bn, acting manager, and Mr Ton Heng Tong, aoalstant general manager. lie party at Mandarin Ceart84 words
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183 1979-09-22 2 ABOUT 80 delegates from U South-east Asian countries will attend a seminar on power generation to be held in Singapore in mid-Novem-ber. The seminar is being organised by the British Electrical and Allied Manufacturers Association in conjunction with the British Overseas Trade Board and will183 words
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Article, Illustration428 1979-09-22 2 MB WONG Kin Saa has been promoted to employee relations manager of Fjayi Singapore. He replaces Mr Dene Ekholm, who has been transferred to Esso Eastern, Houston. Mr Wong, a Malaysian, has worked with Esso for 13 years. He started at Esso Malaysia's economics and supply department,428 words
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Article, Illustration626 1979-09-22 2 HSUNG BEE HWA - By HSUNG BEE HWA CONSUMERS had to pay much more for food, housing and transport in August, reflected in the steep rise of 1.7 per cent in the cost of livng index over the previous month. Housing costs Jumped by a monthly626 words
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Article156 1979-09-22 2 THE HOUSING and Development Board will permit mutual exchange of flats with immediate effect, once an administrative fee of 150 is paid. This rule, which applies to people who have owned their flats for more than five years, is to further relax HBD's rules for156 words
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Article74 1979-09-22 2 THE Singapore Society of Travel Agents is organising an educational tour of South Korea for some at its members later this month. The visit is at the invitation at the Korea National Tourism Corporation (Singapore office) and is aimed at increasing the flow of tourists between74 words
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Page 2 Advertisements
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Advertisement51 1979-09-22 2 EXHIBITION SALE of the largest and finest collection of ANTIQUE KOREAN FURNITURE ever assembled, begins on 21st September. For this event we have stocked over 200 chests of all sorts and sizes, including many collectors' and decorators' pieces. V September 21-25 (9:30 am to 7:00 pm) at the Singapore Hilton51 words
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Advertisement52 1979-09-22 2 KEEP UP WITH YOUR MANAGING DIRECTOR Subscribe today and save more than 20% off the newsstand price.... Just complete the coupon below and mail it, together with payment, to: Times Publishing Bhd. AWSJ Subscription Dept. Times House River Valley Road Singapore 0923 [TißßMWraTßTgSHrSyiifl i i I THE ASIAN WALL STREET52 words
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REGIONAL
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295 1979-09-22 3 AFP CHINA, implementing longterm economic development projects, will import about US$35 billion (Ss7s billion) worth of plant and other capital goods during the next seven years, some $9 billion dollars of them from Japan. The Japanese Foreign Ministry in a long-rangeAFP - 295 words
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Article379 1979-09-22 3 UPI AFP MEMBERS of the Association of South Asian Nations (Asean) have expressed concern about Japan's plan to provide China with a multi-billion loan for modernisation, Japanese Foreign Ministry sources said yesterday. The Asean members are worried that if Japan gives China US$5UPI; AFP - 379 words
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292 1979-09-22 3 AFP CHINA has achieved Initial successes in utilising thermal springs for power generation, industry and agriculture and for household use, the New China News Agency (NCNA) reported yesterday. Rich in subterranean heat resources, China has so far discovered 2,300 points where underground hot water comesAFP - 292 words
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341 1979-09-22 3 JAPAN'S OIL imports for fiscal 1979 are expected to fall short by some 9 million kilolitres, but the difference in the planned import target will be made up through spot purchases, government sources said uesterday. Sources close to the Japanese Ministry of341 words
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THE REGION IN BRIEF
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Article549 1979-09-22 3 Agencies INDONESIAN Foreign Minister Mochtar Kusumaatmadja predicted an increased opposition over the merger of the former Portuguese colony of East Timor with Indonesia in the current United Nations general assembly sessions. Indonesia's attitude on Kampuchea in which it did not recognise the Vietnambacked Heng Samrin regime might causeAgencies - 549 words
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198 1979-09-22 3 Reuter INDONESIA will attempt to increase use of non-oil energy resources to 22.3 per cent of total energy consumption by 1984 from 17.8 per cent at present, Mines and Energy Minister Subroto told a press conference yesterday prior to a national meeting onReuter - 198 words
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Article, Illustration46 1979-09-22 3 THE delegation of ousted Pol Pot regime, beaded by leng Sary (above), will carry on at the Kampocheao representative at the United Nations after the UN credential committee voted 1-3 against removing Pol Pot's delegation from the General AswmMy. UPI UPI photoUPI photo - 46 words
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155 1979-09-22 3 PENANG shipbuilders are being hit by a shortage of workers. The shortage appears to be as high as 50 per cent in the marking and plating trades, the initial stages of ship construction. Most of the available workmen have been asked to work overtime155 words
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252 1979-09-22 3 Reuter THE ousted Kampuchean government of Premier Pol Pot yesterday claimed the country is being run by a Vietnamese "high council" under one of Hanoi's top Communist Party leaders, Mr Le Ddc Tho. The ousted government's radio said the Vietnamesebacked Phnom Penh administrationReuter - 252 words
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290 1979-09-22 3 CHINA has been urged to buy more primary products from Malaysia to further strengthen the trade relationship between the two countries. The president of the Penang Chinese Chamber of Commerce, Mr Choot Ching Khoon, sakl China, in the process of its industralisation and modernisation,290 words
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Article143 1979-09-22 3 OIL companies in Malaysia will keep the government Informed of diesel requirements oI their major customers from time to time as requested, an oil company spokesman said yesterday. The Malaysian government has requested the companies to submit a list of major diesel users in order to study the143 words
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174 1979-09-22 3 AP ENVIRONMENTAL experts from the five member countries of the Association of South-east Asian Nations (Asean) have recommended that all Asean Industrial complementary projects be subjected to detailed environmental impact assessment, a Malaysian official said yesterday. The recommendation was made at the endAP - 174 words
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Article232 1979-09-22 3 AFP THE Thai government has decided to relax the country's stiff trading rules and give its 200 foreign firms and thousands of alien business m en a three-year breathing space. Alien investors in Thailand are now permitted to expand the production capacity of their businesses beyondAFP - 232 words
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199 1979-09-22 3 Reuter SRI Lankan President Junius Jayewardene has told his Cabinet ministers that the private sector must be given every encouragement to collaborate with the government in national development. A Cabinet spokesman, Minister of State Anandatissa de Alwis, said on Thursday after the CabinetReuter - 199 words
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Page 3 Advertisements
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Advertisement182 1979-09-22 3 1 1..1 ..'M r- t?-. m r.i' r--s- fe IJ\n -s !?< t* 't Tj.—TTJ V r I e f ■it Made for true contort and efficiency. relaxed posture In addition, height adjustment can be conveniently controlled by finger-tip lever. For counter |obs that require seating above normal heights, the182 words
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Advertisement0 1979-09-22 3 '`')=|{{]&;)%\?};$"$&^$<&((>+|,0 words
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RAW MATERIALS
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262 1979-09-22 4 THE rubber market fluctuated quietly around the 280cent mark throughout the week ended Sept 20. Nevertheless, turnover was fair as local selling was countered by steadiness in London on currency considerations, says Holiday, Cutler, Bath Co. in its review of the Malaysian and262 words
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Article153 1979-09-22 4 WHEAT futures on the Chicago Board of Trade closed two to five US cents a bushel higher on Thursday. Traders said prices came under late pressure as spot CBT silver futures prices slipped. Gains held in part due to heavy buying near the close by a commission house, they153 words
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Article192 1979-09-22 4 YARN and cotton prices were quoted as follows in Hongkong yesterday: (In HK dollars, ipot ex-godown) Citt— yara: China Blue Phoenix 20s 2,330; 32s 2,860, 40b 3,080 (per bale of 400 lbs). Piece gssds: China Butterfly and Globe brand unq; Dragon Head unq; Five Lambs unq; Flower and Butterfly192 words
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Article356 1979-09-22 4 DULL AND featureless trading was reported in most sectors of the Singapore produce market yesterday. In the pepper sector, the general dMnrHnatlon to dea) grew more pervasive in the light of heavy arrivals of the commodity from nearby origins. Up to yesterday, more than 900 tonnes of the356 words
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Article160 1979-09-22 4 CHICAGO soybean futures closed 8V« to 4Vi US cents a bushel higher on Thursday. Traders said late hedging put some pressure on bean prices and they noted local liquidation of long positions near the close. Lower US dollar values prompted European interest in soybean and soybean products and bolstered160 words
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Article193 1979-09-22 4 UPI. CHINA'S sugar production is expected to increase in the 1979-80 sugar refining year,- but the country will remain a substantial sugar importer, diplomatic sources in Beijing said. Because of general good weather, harvests of both sugar cane and beets are expected to top 1978-79 whenUPI. - 193 words
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Article70 1979-09-22 4 THE STRAITS til price la Penic yesterday firmed Ms£l to HyMS a pical. The firmer eeadlttoas reflected eeatiaaed baytag sappert (na Japaa the US aad locally feUewtag higher Leadea prices, dealers said. The total valame sf tla caaceatrates sapplied by mlaers fell slightly to 1M toaaes tram 17S70 words
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Article323 1979-09-22 4 SINGAPORE: Yesterday's closing prices in SS per kilo, ex-godown: THAI WHITE: 100 per cent first class (Kangaroo) new crop 0 96. 100 per cent second class 0.83. 100 per cent third class 0.80, 25 per cent new crop no stock, B-10 per cent 0.70. THAI BROKEN: A-super OC. Special323 words
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Article353 1979-09-22 4 OPENING prices In Singapore yesterday were marked up about 1.25 cents on higher London advices. Thereafter, the market gained further ground on short-covering interest, trading and speculative buying, dealers said. Profit-taking emerged, however, at the highs to pare the gains but some forward demand emerged toward the morning close353 words
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Article304 1979-09-22 4 R.A.8. prices In cent* per kilo yesterday: NM (per kilo) Buyers Sellers Int. 1 R.S.S prompt fob VLB 283.25N Int. 1 R 3_S October 282.75 283 25 lot. 1 R S S November 285.75 286 25 Int. 2 R.S.S. 271.00 2T7 00N UK/Coat 273.00 *****N Int. 3 R.S.S.304 words
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Article119 1979-09-22 4 NOON SSI A fl ft and SMR pricai r^rd r Octol HAB SSR20 SSR SO (lu» p*U.i (1-toa pmB* (Cwml nym I D 264 50 t) ***** iMtk) 266 SON 263.SON (Forward Mtk) Birtrt S«U«n 264.40 266-SON 261 SO KU0N SMRCV SMRL SMR CP SMR 5 (1-toe119 words
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Article142 1979-09-22 4 THE SUGAR futures market yesterday closed easier in continued dull trading, dealers said. Nearby October closed at 9.68/72 US cents against Thursday's 9.86/90 close, with the distant September at 11.66/70 against 11.78/82 cents. The cotton market continued the recent quiet trend, with no trades registered, as on Thursday,142 words
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Article333 1979-09-22 4 COFFEE: Robusta futures closed the morning about steady, down from earlier traded highs but still with gains from Thursday of £16 to £20 per tonne. Turnover 1,977 lots including 15 options. Mixed buying after opening call extended gains to around £25, basis March at £1,875, but re-emergence of333 words
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Article31 1979-09-22 4 Rubber Sept 21 Singapore: October: 283.50 cents (up 3.25 cents) Malaysia: October: 283.50 cents (up 3.00 cents) Tin: M 51,955 (up $24) Official offering: 167 tonnes (down 8 tonnes)31 words
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Article100 1979-09-22 4 Reuter LONDON Metal Exchange traders expect stocks in LME warehouses at the end of this week, and which will be announced next Monday, to show the following changes from the previous week's levels: Copper wire bar* down 700 tonnes at around 122,300 tonnes; Copper cathodes down 200 tonnesReuter - 100 words
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Article70 1979-09-22 4 Reuter JAPAN'S natural robber Imports in August rose to 34,829 tonnes from 33,953 in July, easterncleared trade statistics show. The Angust total comprised 29,545 tonnes from lludlaad, 4,785 from Malaysia, 3,299 from Indonesia, 94 from Singapore, 25 from Vietnam and 294 from elsewhere. The cmmulative importsReuter - 70 words
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Article66 1979-09-22 4 C.I.F. North European ports, In US dollars per ton unless otherwise stated. LONDON: Tbura Previoaa Malaysian 5% ffa bulk per tonne November MO.OOslr 645.00slr Sumatra 5* ffa bulk September 656.00slr 652.50slr October 655slr/05Opd 847.50alr/645pd November 655slr/650pd M7.50slr December 655slr/650pd M730slr January unch MZSOpd Nigeria 5H ffa bulk stg66 words
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ASIAN STOCKS
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685 1979-09-22 4 TOKYO Source: DBS-Daiwa THE MARKET rebounded sharply yesterday, with the Nikkei Dow-Jones average advancing to Y6.490.34, up 24.68 points. Volume expanded to 300 million shares. The day's highlight was the the surge in prices of trading house issues. Mitsubishi Corp closed at Y620,Source: DBS-Daiwa - 685 words
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Article187 1979-09-22 4 MPT n B>hti AM* CratK SI* uneh mm run *,(ar« Banfkot Iniwunt M> -I toe a nt m unch bpt£ t Ho BanB a* -t Drytn« 1 fr. I Insurance Btnffco t MetroRT k Nytoo if AM m L'Tji if Ayudhaya Bat* «1 Carpet IMar- --i Pjjjjjj Thai Crown187 words
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Article328 1979-09-22 4 Source: SHK Sec Ltd. PRICES opened on a firm yesterday morning, continuing the uptrend on heavy turnover. The first surge of buying was centred on property on property share and blue chips, although better, generally lagged behind. As prices came close to their highs for this year, heavy profit-takingSource: SHK Sec Ltd. - 328 words
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Article288 1979-09-22 4 TRADING yesterday ended the week steady and firm, with a big order (or Anwtt shares highlighting the f—ion, dealers said. above the overnight price. On the mining boards, BH South eased five cents to CJS, its first movement this week, but the price is stlD IS cents above the288 words
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Article17 1979-09-22 4 THE STOCK market wm ehaed yesterday (•r a local MMfty (Martial Law Day) la the PldHpptaf.17 words
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Article65 1979-09-22 4 FINANCIAL TIMES INDUSTRIALS Thursday 466.1 Wednesday 480 J Week Ago 407 4 DOW JONE8 AVERAGE INDUSTRIALS Thursday 883.00 Wednesday 878.46 Week a|o 870.73 LONDON DOLLAR PREMIUM Thursday 32H to 32t* Wednesday 33 v. to S3 v. H.K.HANG SENG Friday ***** Thursday ***** Week a«o 866.81 SYDNEY INDUSTRIALS Friday65 words
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Page 4 Advertisements
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Advertisement274 1979-09-22 4 Now! The Buku Merah offers you an ever more effective way of selling your products and services In the Buku Merahs pink pages, classifieds business section It pays to be listed in the Straits Times Directory of Singapore. Singapore businessmen have known that for the last 82 years and that274 words
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OVERSEAS
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Article727 1979-09-22 5 ARRIVALS Service Local Operator Naaber Time From SU SQ104 0815 KUL SIA SQ239 0845 MES SIA SQ6 0900 HKG/TPE/NRT SIA SQ2I1 1045 HLP SIA SQ103 1045 KUL MAS MH605 1045 KUL GIA GA944 1055 PKU GIA GA908 1100 MES THAI TG423 1125 BKK PAL PR501 1135 MNL727 words
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Article, Illustration457 1979-09-22 5 EXPECTED ARRIVALS TODAY KEPPEL WHARVES Good Samaritan n (Tanker) (1900 P/O Subject Gas Free) 16 Hel (after Phrontis D/L) 33/ 34 Kota Jasa (0600) 10/11 Molodogvardeysk (1800) 46 Palm Sea Hone (Tanker) (1300 P/O) 15 Palatino (0600 after Hoegh Cain) 1/2 PASS PAN JANG WHARVES Barge An457 words
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Article, Illustration40 1979-09-22 5 American Senator Edward Kennedy leaving Us Senate office on Ilinrsday snrroonded by security guards after he was granted security protection. Mr Kennedy has attracted muck attention lately as a potential candidate for the presidency. UPI photo. UPI photo.UPI photo. - 40 words
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341 1979-09-22 5 UPI HIGHER-PRICED foreign oil and demand for petrolsaving cars from abroad pushed the United States' international balance-of-pay-ments position into deficit by US$965 million during the second quarter, the government reported on Thursday. The red ink recorded during the April-June quarter more than wiped outUPI - 341 words
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342 1979-09-22 5 AP PUT off by vagueness and bureaucracy in Moscow, officials in Tokyo have decided to reject a Soviet proposal that Japanese industry build three huge projects in Siberia. Tokyo also wasn't pleased with the financial arrangements. "The three projects are grandiose and very farfetched,AP - 342 words
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Article187 1979-09-22 5 Reuter. FRENCH and British government ministers were scheduled to open talks in London yesterday on the fate of five supersonic Concorde aircraft built by the two countries which remain unsold. French Transport Minister Joel le Theule left Paris on Thursday for talks with British Industry MinisterReuter. - 187 words
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Article557 1979-09-22 5 Agencies. SEVERAL oil-producing countries are offering crude on the mpot market at high prices to test reaction ahead of a possible price increase tram Oct 1 by the Organisation of Petroleum Exporting Countries (Opec), the publication Petroleum Argus affirmed in London. Buyers are firmly resistingAgencies. - 557 words
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171 1979-09-22 5 Reuter. THE industrial action by British engineering unions in support of a pay claim is costing companies £120 million weekly in lost exports, the British Engineering Employers' Federation said. The EEF said despite this it could in no way afford the unions'Reuter. - 171 words
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WORLD IN BRIEF
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Article531 1979-09-22 5 Agencies. CONSTRUCTION of the Alaska Highway natural gas pipeline may be delayed further because of a call on Thursday by Canada's Environment Minister for a deeper probe into the multibillion dollar project. Environment Minister John Fraser called for the new study because an initial study by FoothillsAgencies. - 531 words
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Page 5 Advertisements
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Advertisement155 1979-09-22 5 One Australian bank now has a branch in Singapore One Australian bank has the expertise to provide a complete specialist service in international business, including: foreign exchange e >*Mk dealings, trade finance, and deposits and loans in a wide range of currencies. 12*, i m* One Australian bank has offices155 words
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Article363 1979-09-22 6 ENVIRONMENTAL and pollution control has only lately been recognised as essential for the welfare of nations. In a world that has for too long paid little heed to the effects of unregulated industrial development, the tough anti-pollution regulations now enforced in the West and in363 words
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Article310 1979-09-22 6 THERE seems little doubt that next year will find some small indigenous entrepreneurs hard pressed. It will come from a combination of slower world economic growth, from high interest rates and from advancing wage costs. Some of these manufacturers may be forced out of the310 words
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Article919 1979-09-22 6 ROBERT METZ - By ROBERT METZ NYT THE small investor can be forgiven if be MBimw that tbe corporate annual report, with its 10-year rundown of income and its balance sheet, gives a meaningful picture of what is happening. After all, the income columns carry out data toNYT - 919 words
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Article, Illustration762 1979-09-22 6 M D DEWANI - Indians are drinking more tea than ever and this is causing a problem for the country's famous old industry. M D DEWANI reports on the serious troubles faced by tea growers. M D DEWANI FT. SERIOUS trouble is brewing for India's famous tea industry. Almost halfFT. - 762 words
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Page 6 Advertisements
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Advertisement120 1979-09-22 6 WM c. ApTO Lv V. «4 i rs 'i? 3> V t. m s ©i 5& £g£S5 /<• Ste < li m ir^ SB« At last, reach the big spenders. Leisure Times is right on target For as little as $15, you can reach the swankiest, the best dressed, the120 words
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Page 6 Miscellaneous
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Miscellaneous28 1979-09-22 6 TbPoy T Kxnßsoi is RIGHT fro Pv NPttuCrl psothoß -J r.oKff usee BORN TO tjR»Te WH>f CLSe lOOULO GOD MBME. DESK ,THiS CHfMf? this Pfet4,TH£se Fingers sU±> t^T28 words
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Miscellaneous765 1979-09-22 6 Science fiction movie A BABE into the lata the Mrit rial pawcr. ■rlranr flrttw Inai. Ike Jettea Bcnp Hi We've mm aary a racket Salvage which ftaah keye ap ea^plwJMriwera mm age. travel ta the'maaa, to eel8a taae crass year Ihpn led tke ienf Mt MM aai bape tor a765 words
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Article, Illustration1422 1979-09-22 7 MARGARET THOMAS - By MARGARET THOMAS MANAGEMENT consultancy is a growing business in Singapore, and it is of little surprise that one of the world's largest consulting groups recently opened an office here. Hay Associates (Singapore) Pte Ltd was set up in March this year and1,422 words
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Article, Illustration668 1979-09-22 7 IKUO ANAI - By IKUO ANAI Reuter THE industrial heartland of Japan is sinking gradually into the sea under the weight of the country's postwar economic prowess. Slowly but surely, the cities of Tokyo, Osaka and Nagoya are slowly subsiding like Venice in Italy. That is the bad news. TheReuter - 668 words
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Article798 1979-09-22 7 WILLIAM SAFIRE - FORUM i With WILLIAM SAFIRE NYT ONE of the reasons the price of gold has been jumping is the belief held by many wealthy Middle Easterners that a coup or a civil war will soon take place in Iran. The goldbuyers guess that whatever the resultNYT - 798 words
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Article173 1979-09-22 7 WART'S afoot a flu virus apparently. A friend appeared in the office looking rather green round the gills after being told by the doctor that she must be operated on to get rid of the growth on her toe. When she asked what caused the lump,173 words
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Page 7 Advertisements
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Advertisement122 1979-09-22 7 LJ PENGUIN BOOKSHOP nrr Th< RUNNER'S H^ruihooM mmijp iO iptm'l Wk a Wf/ts HAMOaOOK 1 IS fs 7m ULTIMATE BOOK ON RUNNING VMM Here at last it The Runners Handbook, a complete Fitness guide for Men and Women. Whether you plan to jog a mile or two for better health122 words
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INTERNATIONAL STOCKS
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EUROPEAN MARKETS
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Article201 1979-09-22 8 SEP 20 FU ABN ***** -03 Ahold 90.50 -03 Akzo 2&J0 -0.3 AMEV 91 00 -04 Amfas 117 JO unch Amro Bank (58 80 -1.1 Bergou 5630 -04 Berk 101 00 fl Bois 64 80 1 Borsumij Burhmann 61 00 -1.7 Byenkorf 72.00 .1 Calve Delft 174 80 18201 words
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Article211 1979-09-22 8 SEP 20 Dm Aeg-Telefunken 45 10 -05 AJuo 25 JO -03 All* Leben 830 00 4 A1U Vers 414.00 •5 BASF 138.70 -03 Bay H T Wbank 250JO 13 Bay Vbank 283.10 Bayer 132 SO -05 BBC 291 20 -23 BMW 178 50 -2.5 Casiella 385.00 -3 Chem Verw211 words
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Article146 1979-09-22 8 SEP 20 Francs Actions Sulsses Alusulsse Br. Alusulsse Rh 286 1315 SO* 3 -5 unch Brown Boveri Br. Clba Oelgy Br 1430 1280 4» 15 Clba Gelgy P C Clba Gelgy Reg Credit Suisse Br Credit Suisse Reg Elektrowatt Br. George Fischer Br Globus Pr 1030 104 2200 426146 words
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Article256 1979-09-22 8 SEP 20 Fr* CORPEILLE Atr-Llqulde S07 6 IK Gervau Danone 1000 40 C S F (ThomsonCaf) MOJO 20 5 Cte Francalie det Pitnld MS 3 Compagnle Financier* CompafnK 370M Ofiwnie -3 Credit Foncler De Frmnce MS it Hachette -1J (Llbrairie) 220 Machines Bull MM 0.M Michelin (B) 994 33256 words
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Article88 1979-09-22 8 SEP 20 m FORWARD MARKET Aeee Artxd Astur Brascan 409 aas 530 838 uneh -10 unrh Bru-Lamb Canpar Cork 17S0 1006 417 -5 -4 -J Dr Been Ebe» Tit 2300 •S 5 Eleclrobel QB-Inno-Bm Oe« Hobo* 6M0 2600 1114 mo TO -IS -M Petro s >*> Hyl Dutch J*88 words
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Article105 1979-09-22 8 Aaaoc On ***** Butoc< ro »i Central* 6340 -U rut an -s 740 1 1 2 75 Flutter 132 7S Gen immob 79 ur ch in Prt SIM M 290 cii Italcemenu Italgaj UltUtor ***** •M H Tte .IH Mafne Marell Med lot Mirala. Monda Monte. Motla IIHPI «1105 words
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Article1289 1979-09-22 8 NEW YORK A SURGE of buying in the oil sector pushed stock prices on Thursday sharply ahead in heavy trading despite interest rate woes, a weak dollar and rising gold prices. The excitement in the oil group centred on speculation about potentially major oil and gas discoveries1,289 words
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Article204 1979-09-22 8 SEP 20 C* Hud Buy Mm Imp OU 25'- 44*. Abltlbl 20'. Inc« 24 Alcan 45'> Int Prov Ptpe U'4 Alfoma 29', S Int Uu 14'Bulk Mont 24'. InU Nickel 34". Bank Nova Scolla 24'i 1 Kerr Add 11'. unch Bell Tel II LobUw B 4'i unch BeUi Corp204 words
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Page 8 Advertisements
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Advertisement633 1979-09-22 8 See Page 4 for Asian stocks See Page 9 for Jo'burg prices Where to wine, dine and entertain For drinking. For dancing. For de light fit I e i v n ings. Music hy Ihccbus Intcrmitionul (>t London. Open hours. SI V IHI R 9PM 2 A W $12 on633 words
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Advertisement34 1979-09-22 8 Y m t* rC Have fun thi* Sunday .Take a break from the •tresses o( office, house and sch&olwork. Relax at our poof side. Take a dip <rr EjCK m "IR3I' m o» rr>flvV»34 words
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MONEY AND EXCHANGE$
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Article456 1979-09-22 9 THE SINGAPORE gold futures market yesterday closed between US$l.5O and $5.00 lower in large volume, dealers said. Total turnover rose to 531 lots compared with 302 lots overnight with interest centred on December and February contracts, they said. December closed lower at U*****.70/5.30 an ounce compared with $399.10/50 overnight,456 words
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Article144 1979-09-22 9 THE US dollar for overnight delivery yesterday closed at 221.40 yen, up from a 220.40 opening but down from 222.35 at Thursday's close, dealers said. Trading was heavy with the volume at USH.I2 billion. The dollar recovered sharply in active late trading, following an initial fall, which reflected its144 words
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Article136 1979-09-22 9 STERLING yesterday opened nearly IVi US cents higher than its Hongkong close following a press report here that Britain will not join the European Monetary System in the near future, dealers said. The report, in the Dally final decision has been made, the balance of argument in Whitehall Is136 words
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Article486 1979-09-22 9 THE US dollar made a strong comeback on the foreign exchange markets yesterday following a sharp decline on Thursday. Dealers attributed this recovery to massive central bank support for the dollar. Beginning at a low of 220.50/60 against the yen compared with 221.50/60 on Thursday, the US unit486 words
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Article81 1979-09-22 9 RESULTS of tender held yesterday for 91-day and 273-day bills: 91-day bilta 273-day MM* to Im inuid to be lnu#d on S*pt34 on Sopt 24 toSopt 2« Ottered: 40,000,000 (20.000.000 Applied tar: {133.500,000 161.500.000 AlMed: 40.000,000 <20.000.000 Accepted Mda: For Sept 25: <95.45 198.55 and approximately above81 words
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Article151 1979-09-22 9 Asian rates ASIAN currency deposit interbank rates as at close on Sep 21: US DoUan(Spot) Offer Bid 7 days 12 11% 1 month 12% 12'/« 2 months 1211/1612 9/10 3 months 12% 12 8 months 13 12% 9 months 12*4 12'/i 12 months 12% 12 v« 8w.Fr*. Dm. /MLUU ISlmat151 words
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Article47 1979-09-22 9 RANGE of prices offered by discount houses oa Sep 21: Overnight 4^% Call deposits 4W% Closiic Bo yiaf S«Uim< 3 month Treasury bills 5V 5H 3 month Bank bills 85/10 83/18 3 month CD 87/16 8V16 8 month CD 8V« 8H Source: National Discount Co Ltd.47 words
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Article109 1979-09-22 9 THE HONGKONG dollar yesterday continued to strengthen against the US unit in late Hongkong exchanges, with operators selling out of the US dollar on weak sentiment and into the local unit, dealers said. The Hongkong dollar stoood at a late 5.0380/10 to the US unit, sharply up on late109 words
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Article22 1979-09-22 9 THE average rate at which major Simgapore banks are currently prepared to lend to their beet customers is &9 per cent.22 words
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BANKING AND FINANCE
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264 1979-09-22 9 DESPITE a less-stimulating external sector, Malaysia is determined to sustain the pace of its economic expansion through increased domestic sector demand, Deputy Finance Minister Datin Paduka Rafidah Aziz said on Thursday. She pointed out Malaysia has recently reviewed Its third plan and revised264 words
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Article79 1979-09-22 9 Reuter. JAPANESE exchange banks said they have applied for one-day floating rates to foreign exchange transactions with charge customers from 0500 GMT yesterday. The shift in the system of quoting foreign exchange rates for customers during the day reflects wide interbank rate fluctuations on the Tokyo exchangeReuter. - 79 words
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Article464 1979-09-22 9 Reuter. THE WEST German Bundesbank and commercial banks have agreed to art up a committee to examine how to slow capital imports into West Germany, Bundesbank and banking sources said on Thursday. This move follows increased concern by the central bank over the tendency ofReuter. - 464 words
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Article55 1979-09-22 9 AFP THE WEST German government has appointed Karl Otto Poehl, 49, vice-president of the Bundesbank, as Governor-designate of the central bank. He will succeed Dr Otmar Emminger,, who is due to retire at the end of the year. The appointment has to be ratified by the President ofAFP - 55 words
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287 1979-09-22 9 Reuter THE MAJOR provisions of the British ftanlring Act governing deposit-taking institutions will come into force on Oct 1, the Bank of Pnglnari said. Institutions already carrying on a deposit-tak-ing business will then have six months to apply to the Bank of EnglandReuter - 287 words
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312 1979-09-22 9 CURRENT events on foreign exchange markets reflect upward pressure on the West German mark rather than a general weakness of the American dollar, US Treasury Undersecretary for Monetary Affairs Anthony Solomon said. The dollar has been strong against sterling and the yen in312 words
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Article131 1979-09-22 9 Reuter GROWING illiquidity among US corporations is expected to exert additional pressure on short-term interest rates in coming weeks, money market analysts said. Loan demand has remained very strong partly reflecting corporations' needs to finance growing invento- ries as the economy slows down. The New York Federal ReserveReuter - 131 words
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Page 9 Advertisements
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Advertisement115 1979-09-22 9 FAR EASTERN FREIGHT CONFERENCE SABAH, BRUNEI AND SARAWAK FREIGHT CONFERENCE TRIPOLI (LIBYA) Reference is mode to the notice in the press on Wednesday, 14th Morch, 1979. The member lines of the above conferences have now advised that port conditions at Tripoli have deteriorated and vessels have suffered undue delay. As115 words
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Advertisement27 1979-09-22 9 45. Kh Al' K A a V S? it Cw 1 Available now at $4000 a copy. **p > r I J" Centre Basement, 24 Raffles Piece, Sii27 words
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1396 1979-09-22 10 BUSINESS DONE ON THE SES THE KLSE In Singapore BID and offer price* officially feted and >m>— la and reported to the Stock Exchange of Singapore yesterday with the number of share* traded shown in brackets In lota of 1.000 unftßyunleai otherwise aped fled. SECTION ONE INDUSTRIAL A COMMERCIAL Aetna1,396 words
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Article151 1979-09-22 10 SNGAFOBS UNIT TBUBT S'pore Growth Fund LU 1.1* (Mb—|i n" priM he 8egt S) income bone »UNIT (Cmlint prtew) The Commerce 110 IS Income Bond L14 1J0 TV Saving Fund LIT L« S'pore Prog Fund 0.M O.Kzd S'pore Sec. Fund 1S 1.79 maba biwiha *> S'pore Invert Fund151 words
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Article2683 1979-09-22 10 Gr*s Gr*e Net 1979 Last Div Div Y1d P/B Vol Day High Low Company Sale +or- Crr (•000) Higk Low 8ECTION ONE INDUSTRIAL COMMERCIAL 261 207 Acma 236 unch 15.0 12 63 111 1 236 236 ISO 123* Alcom 196cd 10.0 13 5.1 26.1 148 110 Allied2,683 words
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Article70 1979-09-22 10 4 1/2* 1/8/80 (250.000) (***** *****) 41/4* 1 ft/8/80 (250,000) (98.528 96.628) ft 1/4% 1/3/81 (290,000) (M.IOB *****) 1 ft/4/81 (250,000) (97.428) 6 1/4* T F lft/10/83 (250.000) (99 JOB) S 1/4% T F 1&/9/96-97 (280,000) (99 JOB) S 1/4% T F 1/5/97 (290.000) (99.908) e 1/4% T70 words
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Article1705 1979-09-22 10 BID and offer prices officially lifted land tawiiw la and reported to the Kuala Lumpur Stock yesterday with the number at shares traded shown in bracket* la lots of 1,000 units unlets otherwise specified MDUmtIALS daw (1808) HMMh (2.838 1108) Umm (1.978 1008) (1) 1.98 Alex BeM1,705 words
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Article, Illustration653 1979-09-22 10 bbamcb fialrtri gmraily higher at the Stock Exehtage «f fflMipiH yesterit;. Beitlaeat rilci stroagest totag tee tint bur sf tradteg M speealatera attempted te Mtew ip an tee overnight firm etee. Daring teat Brat tear, teere was a fairly feed spread el activity with seme wladew653 words
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Article531 1979-09-22 10 SELECTED counters continued to make good progress amid broadening interest on the Kuala Lumpur stock market yesterday. Trading was fairly active as more buyers emerged from the sidelines to give the market another steady finish. Although some selling at mid-day had threatened to trim values, prices531 words
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Article73 1979-09-22 10 Ualted Oversees Bank: EOGM to be held at the Board Room of the Company, 28th Floor. UOB Bonding, No 1 Botiham Street, Raffles Place, Singapore, on Oct 1 at 12noon ■fed: EOGM and AGM to be held at 12th Floor, Fltzpatrick's Building, 86 Jalan fimlaii T Jimpg (W73 words
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COMPANY NEWS
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2070 1979-09-22 11 CHAN BONG SOO - Market Talk... By CHAN BONG SOO IN ITS CAUTIOUSLY opt]mistic appraisal of the short-term outlook of the Singapore stock market, stockbroking firm Kay Hian and Company has come up with a selection of shares for investment consideration by both the small investor and the2,070 words
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Article577 1979-09-22 11 Currant Ex Book* Date Total for Total for Payment Date Cloae Payable the year Prevlou* year JC-MPH l(M(b) Aug 23 Aug 31 Sept 24 10* 10*(c) Bata 6*1 Aug 21 Sept 3 Sept 28 6* 6* Berjuntal 40* Aug 29 Sept 8 Sept 26 95* 110* Kamuntlng 80*577 words
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Article172 1979-09-22 11 Company Particular! Ex Date Books Close U AC E A I UM« Tan Chong Hong Leong UOB Kulia Rotbmim SEA Corp Temerloh Fancy Tile Bonus Issue of I for 3 Bonus Issue of 1 for 2 Bonus Issue of 1 for 3 Bonus Issue of 1 for 3172 words
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Article359 1979-09-22 11 PRODUCTION at Lower Perak Tin Dredging, a member of the Malaysia Mining Corporation stable, is expected to fall significantly this year owing to poor yields from the lowgrade ground being worked, and the planned shutdown of the dredge during the last quarter. The shutdown will be for359 words
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LATEST RESULTS
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Article66 1979-09-22 11 has reported pre-tax profit for the year ended June 30, 1979 of M 514.31 million as compared with $10.13 million for the previous year. Profit attributable was $4.86 million ($3.27 million). The directors recommend a final dividend of 20 per cent which, together with the interim66 words
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Article56 1979-09-22 11 has reported pre-tax profit for the year ended June 30, 1979 of M ***** milling as compared with $10.15 million for the previous year. The direcuss recommend a final dividend of 12.5 per cent which, together with the interim dividend of 10 cents, makes a total distribution of56 words
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Article62 1979-09-22 11 reported pre-tax profit of Msl6 million ($11.96 million) for the half year ended June 30. Earnings per share came to 66 cents (47 cents) and the directors recommend an interim dividend of 80 cents (25 cents). Tax was $7.43 milboo ($6.06 million) and minority interests $1.7862 words
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382 1979-09-22 11 DESPITE the carreat Hgh prices sf raw Mtllrtlli, Maiayslaa Feedmills has palled sff a modest Impcsveawt for the half year to Jane 39. Greap pre-tax profit (after mlaerlt? Interests) was raised U per eeat higher to 12.59 million against $L 24 milltoa382 words
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Article418 1979-09-22 11 saiaKL™. by HOCK LOCK SIEW YESTERDAY saw one of the best markets in weeks. Selective buying of blue chips helped to push the 30share Straits Times industrial index another 2.4 points higher to 406.21, bringing it just a whisker away from its recent twice-tested highby HOCK LOCK SIEW - 418 words
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Article219 1979-09-22 11 Date La 1 1 -B Company Perled Announced la*t year Net EPS (eeafa) Greet EMv. <%> Pre-tax rrent (f*«) Apollo I 30/8 14.8 7.5 4,353 Magnum Corp I 12/9 19.2 15.0 21,645 Fancy Tile I 14/9 8.3 1,010 Bo vis I 15/9 14,509 Leong Huat I 15/9 3.3219 words
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Page 11 Advertisements
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Advertisement74 1979-09-22 11 MALAYSIAN FEEMMUS LIMITED (Incorporated in the Republic of Singapore) HALF YEARLY REPORT ANNOUNCEMENT The Directors are pleased to announce the unaudited trading results of Malaysian Feedmills Limited and its subsidiaries for the first six months ended 30th June 1979. Profit before tax (After minority interest) January June Company Group 1,652,00274 words
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Advertisement124 1979-09-22 11 For a Successful BANKING Career stuffy with 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 (New Syllabus).124 words
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Article337 1979-09-22 12 SPECIAL nqeasures will be required to prevent local manufacturers from being squeezed out of business in the new phase of Singapore's industrial development. This call to the Government was made by the president of the Singapore Federation of Chambers of Commerce and Industry (SFCCI), Mr Wee337 words
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Article197 1979-09-22 12 A WHOLLY Malaysianowned company, Lee Yan Lian Rubber Manufacturing, is setting up a factory in Kepong industrial estate to manufacture and export rubber carbon black j master-batches. It is expected to produce 1 8,400 tonnes a year when in 1 full operation. The $5-mil- i lion197 words
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Article816 1979-09-22 12 LONDON, Fri. British government bonds moved higher on technical considerations and the rally in sterling while gold shares moved lower in line with the bullion price, dealers said. Trading overall was slow and at 3 p.m. the Financial Times index was up 1.3 points at 459.4. Gains in816 words
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Article, Illustration47 1979-09-22 12 tors at tha Frankfurt foreign currency markat fixing tha US dollar whan gatting offare by phono and show of handa on Thursday. Tha US currency toll for tha first tima in aiavan months on Thursday and cloaad at 1.7745 marka. AP photo AP photoAP photo - 47 words
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Article251 1979-09-22 12 Reuter. A CHINESE order forbidding international flights over areas off its southern coast may force the abandonment of a major air route from Bangkok to Hongkong, a Hongkong civil aviation spokesman said yesterday. He said if the order does force the route to be given upReuter. - 251 words
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133 1979-09-22 12 BRITAIN hopes to improve trade with Singapore, a visiting British Member of Parliament said yesterday. Mr Peter Blaker, Britain's Minister of State for Foreign and Commonwealth Affairs, said it will, however, take some time before this can be realised. "Britain has much to offer133 words
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IN PARLIAMENT YESTERDAY
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Article282 1979-09-22 12 WAGE negotiations will eventually be left entirely to employers and unions. The Government therefore has no Intention of imposing a minimum wage level as it would be contrary to this policy. This was stated by Mr Ong Pang Boon, Labour Minister, in Parliament yesterday in282 words
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Article178 1979-09-22 12 THE Government is to introduce a series of measures to make Singapore's commercial law more easily ascertainable and less dependant on legislative changes in the United Kingdom. The first of these measures is the Civil Law (Amendment No 2) Bill, 1979, which was passed yesterday. The178 words
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Article166 1979-09-22 12 PREFERENTIAL Additional Registration Fee (PARF) will continue beyond 1979, but the road tax surcharge on old cars will be abolished when compulsory car inspection is introduced. This was announced by Mr Ong Teng Cheong, Minister for Communications. The condition that cars must not be more than166 words
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Article87 1979-09-22 12 THE Factories Act, 1973, has been amended to increase the maximum, penalty for offenses which result in the death or serious Injury of any person. This is the result of the Factories (Amendment) Bill read for the second and third times yesterday. Mr Fong Sip Chee, sen- ior87 words
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Article61 1979-09-22 12 THE Jurong Town Corporation (JTC) is to develop the new Changl South Industrial Estate for clean industries. The estate will cover about 170 hectares and will be planned in a park-like setting. Mr Teh Che&ng Wan, Minister (or National Development, announced this when be answered Mr Teo61 words
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Page 12 Advertisements
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Advertisement448 1979-09-22 12 TRADE with CHINA OCTOBER 11 12,1979 Applied Research Corporation and Business Times (a member of The Straits Times Group) will be organising a top level conference on TRADE WITH CHINA. The two-day conference will be held in Singapore on October 11 and 12,1979 at the Shangri-la Hotel. The conference will448 words
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Page 12 Miscellaneous
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Miscellaneous63 1979-09-22 12 Outlook for Singapore from 6 a.m. to 1 p.m. today: Scattered showers from mid morning. Report for 24 tours prior to 7J$ pjn. on Sep 21 at the airport. Maximum temperature 31.7 Associated humidity 64 Minimum temperature 23.3 Associated humidity 96 Hours of sunshine 10.30 Rainfall in millimetres v Nil63 words
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LEISURE TIMES
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Article, Illustration1301 1979-09-22 13 TSANG SAU YIN - DESTIH&TIOH By TSANG SAU YIN IT'S A MEAN sun we are having today, so watch out and keep under the shade, the burly officer of the Philippine Tourism Ministry, Zamboanga branch, advised. And indeed it was, a real mean sun. The Caucasian visitors broiled to a1,301 words
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Article, Illustration223 1979-09-22 13 THREE British Pap Artists la the Natieaal Mueun Mi the British Ceaacll's jstot preseatatiee at the Masewn'i Art Gallery tram Sep Tl to Oct 11, daily tram lUfcun to Ipm. The exhlbitiea featarea same 57 erigtoal prists by Peter Hake, EUckard Smith aad Jee TUaaa whe an223 words
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Article, Illustration580 1979-09-22 14 LEE YOKE MENG - LEE YOKE MENG THE MAGIC word In Chine* swordflghting films nowaday! is the name Ku Loong. If this doesn't ring a bell, try "Luk Sin Fung" or "The Romantic Swordsman" two of the most popular Cantonese television series from Hongkong. Both are swordflghting serials and580 words
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Article, Illustration587 1979-09-22 14 FRANCIS CHIN - James Bond is back with his fancy action, fancy weapons and fancy girls FRANCIS CHIN JAMES BOND never dies he only defies death, each time in a more magnificient, more expensive surrounding. The latest is inside an unbelievable halfmillion dollar space centre. "Moonraker," the 11th in lan587 words
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Article, Illustration468 1979-09-22 14 VIOLET CHOW - VIOLET CHOW FANS OF Charity Queen Lena Lira have a chance to watch her sing at the Golden Million Theatre and Niteclub till Sep 28. Lena Lim, who started a two-year TV production course in London in January this year, is back home for468 words
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Article257 1979-09-22 14 VC THOSE who watched the TV Mandarin serial, The Royal Troth, last year would remember Chang Chi as one of the many concubines of the Emperor. But Chang Chi is more than just an actress. She is also a versatile singer. This she demonstratesVC - 257 words
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PROPERTY
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Article, Illustration493 1979-09-22 15 RUTH CHENG - RUTH CHENG A STATELY historical building located along Grange Road is likely to remain undisturbed by the razzle-dazzle of urban redevelopment taking place in its immediate neighbourhood. The main reason is that the property is foreignowned. More precisely, it is owned by the493 words
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Article, Illustration927 1979-09-22 15 LINDA TAN - While an acute labour shortage beclouds the hotel industry, several new major hotels are planning an entry next year. Where does their confidence lie? LINDA TAN talks to the chairman of one of these proposed hotels. LINDA TAN ORCHARD Hotel, now927 words
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Article, Illustration258 1979-09-22 15 THE MAISONETTE-TYPE apartment at Balmoral Point, overlooking a swimming pool, offers a superbly furnished retreat just a few minutes drive away from busy Orchard Road. The lower floor level, comprising the living, dining, kitchen and store areas, has been skilfully planned with minimum furniture for258 words
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Article, Illustration151 1979-09-22 16 EXECUTIVE FASHION SILK, SILK and more silk. Plain, strong colours, sometimes sprinkled with small prints for a more frivolous effects, were the main theme at the Christian Dior Boutique's preview of the latest Autumn/Winter '79/80 collection of fashion and accessories held yesterday at the Hilton Hotel. NothingPhotos: Mazlan Badron - 151 words
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Article, Illustration832 1979-09-22 16 EQUIPMENT ALONE IS NOT ENOUGH MOTORING with Hermes LUXURY is one very important aspect of marketing a car. It is highly rated by many customers and saloons in the "luxury" class are made specifically to project the image of cushy transport at a high price. There is verywith Hermes - 832 words
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Article131 1979-09-22 16 THE LAST of the Singapore Sports Council's film shows at the National Stadium Theatrette will be screened next Saturday at 10.30 am. All IV) Self There Is illustrates new approaches in physical education and focuses on the importance of sports and activity. Are you equally tough131 words
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569 1979-09-22 16 NYT IF YOU follow fashion at all, you know that as far as shoes go, this is the year of the pump, that classic closed shoe that was out of favour in recent seasons. Women were wearing espadrilles or platform shoes or wedgiesNYT - 569 words
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Article711 1979-09-22 16 JOHN TAN - WEBKEID GOURMET JOHN TAN EVEN THE most hardworking and brilliant of executives are often faced with seemingly insurmountable problems. In Singapore, one of those problems is where to have lunch. Visitors to this island never fail to remark about the local passion for food, for Italian food, for711 words
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Page 13 Advertisements
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Advertisement52 1979-09-22 13 Kodak is... FILM CAMERAS PROCESSING PROJECTORS CHEMICALS PHOTOGRAPHIC PAPERS PHOTOGRAPHIC ACCESSORIES 306 Alexandra Roao 3 T* *****1 _raDa_ Fancy action, fancy weapons and fancy girls .Page II Orchard Hotel aims to be among the top five... ••••••••••ID Beautifully classic, that's Dior w—.wi 11 wmwJ V Datson 241 L is unshamedly52 words
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Advertisement404 1979-09-22 13 Kodak also is... MICROFILM GRAPHIC ARTS MOTION PICTURE FILM BUSINESS SYSTEM EQUIPMENT AUDIO VISUAL EQUIPMENT USAwwnaaßMd Sntwn) To KKSn m i J! 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"404 words
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Page 13 Miscellaneous
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Miscellaneous935 1979-09-22 13 WHAT WHEREj FILM SHOWS THE LAST of a series of French films presented Jointly by the French Embassy and the Alliance Francaise this month will be screened on Tuesday at 9pm at the RELC auditorium, Orange Grove Road. A middle-aged man decides to tie the knot Le Temps Dee Aasaadns935 words
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Page 14 Advertisements
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Advertisement96 1979-09-22 14 I BROKE THE 22.500 BARRIER In fact she reached 22,530. The face that broke a record in July. With 22,530 copies of HER WORLD. The face that also saw us bringing back the Under 21 Guide in the same issue. By popular demand. That can see we are Singapore's largest96 words
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Page 15 Advertisements
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Advertisement163 1979-09-22 15 ANTIQUES FINE CHINESE ANTIQUES ft WORKS OF ART KWOK GALLERY Pt«. Ltd. 101-103, FRST FLOOR, FAR EASt SHOPPING CENTRE ORCHARD ROAD. TEL: *****16 TNREE GENERATIONS OF PROVEN DEPEND AUITY SINCE 191S S EUROPEAN PAINTINGS I 1 WANTED S We will pay the highest prices for 19th J Century European Paintings.163 words
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Page 16 Advertisements
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Advertisement215 1979-09-22 16 THE INTERNATIONAL LAUNDRY, DRYCLEANING AND RUBRIC CARE EXHIBITION. 30 JAN. 2 FEB. 1980. WORLD TRADE CENTRE. SINGAPORE. The last few years have seen a sudden upsurge in the demand tor more efficient and sophisticated laundry and drycleanmg services in ASEAN, brought about by rapid industrial and social development. The offshore215 words
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Page 16 Miscellaneous
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Miscellaneous272 1979-09-22 16 LIDO (*****4): The M—raker. James Bond is back, not without his bevy of pretty girls and fancy gadgets, of course. And this time, it is in space. See Review, Page n. Starring Roger Moore, Lois Chiles and Richard Kiel. (11, 2.30, 6.15, 9.15) ODEON (*****6): The Bavagera. Join Richard Harris,272 words
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