The Business Times, 19 January 1980

Total Pages: 16
1 16 The Business Times
  • 11 1 BUSINESS TIMES M.C.(P) No. 110/1/88 SATURDAY, JANUARY IS, ISM 50 CENTS
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  • BRIEFLY...
    • 82 1 THE price of rubber reached a new high in trading on the Singapore market yesterday. February 1 RSS buyers were quoted at 344 cents a kilo at the close of trading, 7.5 cents higher than the quote at the end of the previous day's trading. The price of
      82 words
    • 81 1 AFP KUALA LUMPUR, Fri. Australian foreign minister Andrew Peacock will arrive here on Tuesday for talks with Malaysian leaders on the latest developments in the South-east and South Asia region. A spokesman for the Australian high commission said KL would be Mr Peacock's first stopover on his two-week
      AFP  -  81 words
    • 79 1 AFP KUWAIT, Fri. The governor of the south west Iranian province of Khuzestan, Admiral Ahmad Nadani, attempted a coup to overthrow the Islamic regime last week, the daily A 1 Qabas reported here today. The aim of the operation was to take Iranian leader Ayatollah Khomeini hostage
      AFP  -  79 words
    • 70 1 AP BANGKOK, Fri. US Deputy Assistant Secretary of Defence Michael Armacost promised that the United States will speed up its arms delivery to Thailand, a Thai spokesman said today. He said Mr Armacost consulted with Prime Minister Kriangsak on continuing US military sales and assistance programmes to Thailand.
      AP  -  70 words
    • 77 1 Reuter BEIRUT, Fri. A Middle East Airlines plane bound for Cyprus was hijacked today by a guerrilla who ordered the pilot to head for Teheran, airline sources said. The sources said the guerrilla belonged to a group calling itself "The Sons of the South." The plane, believed to
      Reuter  -  77 words
    • 59 1 Reuter CANBERRA, Fri. Prime Minister Malcolm Fraser said today he would fly to Washington later this month for talks with President Carter on the Afghanistan crisis. Mr Fraser, who will also visit London for talks with Prime Minister Thatcher, said he wanted to explore how Western countries
      Reuter  -  59 words
    • 48 1 AP NEW YORK, Fri. The stock market edged upward today, recouping some of Thursday's modest losses. The Dow Jones average of 30 industrials rose .85 to 864.42 in the first half hour. Gainers took a small lead over losers among New York Stock Exchange-listed issues. AP
      AP  -  48 words
  • 135 1 Rises Indices Aver Hitam Tin Lingui D Keramat Malakoff Batu Kauan Glenealy M Breweries M T C Sovran Tractors Falls 1450 460 1175 336 360 294 790 440 255 700 60 54 35 22 16 14 10 8 7 5 B.T. Index: Industrials: Finance: Hotels: Properties: Minings:
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  • 167 1 Falls Indices S Kinta 950 -50 Jan 17 Jan 18 Sg Besi 1170 -30 B.T. Index: 5331.08 5251.55 D Keramat 1180 -30 Industrials: 491 84 487.33 F and N 610 -25 Finance: 726.74 720.44 Rahman Hyd 420 -20 Hotels: 316 68 316.27 S Mai Tin (M> 1800
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  • 714 1  -  PROPERTY COMPANIES HIT By CATHERINE ONG THE SINGAPORE Society of Accountants (SSA) is taking action against property companies which do not comply with accounting principles. This move may have an impact on their profits. SSA president, Leslie Wong, yesterday confirmed that "action is being
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  • 268 1 LOSSES across a wide front were incurred in the Stock Exchange of Singapore yesterday afternoon because of nervous selling prompted by news that the US and the Soviet Union had moved large naval forces into the Indian Ocean. The selling was heaviest when
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  • 530 1 ALL MAJOR oil refineries in Singapore have increased their posted prices for premium and regular grade petrol and diesel (gas oil) this month. This raises the spectre of another round of retail price increases for this year, the second since the year started. The new
    530 words
  • 198 1 THE buying of gold as a hedge against uncertainties in Afghanistan and Iran raised the price of the metal to more than US$B3O an ounce in Far Eastern markets yesterday. Singapore dealers generally expect the price to rise to US$B5O in the nearterm. If the price
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  • 213 1 DR TAN Eng Liang (•btve), MP for River Valley, has resigned as group general manager and director of Haw Par Brothers International less than a year after his appointment. Dr Tan's resignation, a surprise to the local business community, was announced in
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  • 413 1 THE Oversea-Chinese Banking Corporation (OCBC) is offering a comparatively high rate of interest 8 per cent on its one-month fixed deposits, a rate which is higher than what some of the other leading banks are paying for their one-year deposits. The rate compares
    413 words
  • 99 1 BO VIS (SEA) has settled its long drawn-out claim against the Singapore Government in respect of construction work carried out on Pulau Brani between 1972 and 1975. The financially ailing property, construction and quarrying group disclosed yesterday that the arbitration between its subsidiary, Bo vis (Singapore), and
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  • Page 1 Advertisements
    • 11 1 The MINOLTA EP 310 PPC does it all. m I Minolta
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    • 154 1 SO YOU STILL SMOKE? THIN LET'S TALK TEETH You wouldn't use a scouring agent to clean bone china, would you? It's the same with teeth. Vet ordinary toothpastes are too bland to remove tobacco film, and tea, coffee or other stubborn stains. The answer? New Clinomyn the toothpaste specially formulated
      154 words
    • 69 1 raaazm LEISURE TIMES WHAT is holding up Thong Sia building? 2 GRIM news for steel manufacturers YEMENI bank to set up links in Singapore 9 INVESTIGATIONS are having an effect on St Piran................. 11 EAST Coast recreation centre coming up 12 PROPOSAL to merge valuers' and surveyors' bodies 12 AIRCRAFT
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    • 147 1 SINGAPORE iness FOR PEOPLE WHO MATTER A Times Periodicals Publication ASIA RESEARCH BULLETIN i .11 #4 I This unique publication offers businessmen each month a comprehensive guide to the latest developments taking place in all important sectors of the economies of countries in East and Southeast Asia. The Bulletin is
      147 words

  • TRADE AND INDUSTRY
    • 497 2 COURSES AND TALKS Jan 14-25: Basic Industrial Statistics, National Productivity Board Town Training Centre, National Productivity Board Jan 21-Feb 11: Sales Management, National Productivity Board Town Centre, National Productivity Board Jan 28-29: Project Control Through Critical Path Analysis, Hyatt Hotel, Price Waterhouse Jan 28-Feb 8: How to Identify
      497 words
    • 574 2  -  By KOH TSE YING ENERGY-SAVING measures have delayed the completion of Thong Sia Building, the new complex which will be the future home of Seiko's local agent, Thong Sia Company. Mr Chia Hoy, managingdirector of Thong Sia, said yesterday that work on
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    • 200 2 LEADING local Guinness dealers met Viscount Boyd, former British Secretary of State for the Colonies, and his wife, Lady Patricia Guinness, at a cocktail reception held by Guinness Singapore Pte Ltd during their three-day visit of Singapore recently. Joint chairman of Arthur Guinness Stout
      200 words
    • 138 2 LEYLAND Vehicles' Landtrain, which the truck and bus maker developed especially for overseas market, was previewed to dealers late last year and has just been officially launched. The truck has been ordered by distributors in several countries including Saudi Arabia, Kuwait, Egypt, Sudan, Zaire, Kenya and
      138 words
    • 124 2 HYATT International Corporation has announced the appointment ot Albert Hee as regional director of marketing. Mr Hee has extensive experience in the field of hotel sales and marketing and previously worked for the Philippine Plaza in Manila and the Shangri-La Hotel in Singapore. His new responsibilities initially
      124 words
    • 230 2 AN OIL exploration contract has been awarded to an Indonesian company that will obtain personnel, equipment and supplies from Singapore for a project in Irian Jaya. Under the contract awarded by Marathon Oil, PT Resources Jaya Teknik Management Indonesia (PT RMI) will use
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    • 164 2 A PARLIAMENTARY delegattoa from FUaad will Arrive la fcpM aa ju U u part if a tear to pramate bilateral reiatlaas with Japaa, Malaysia aid Singapore. The eight-member deiegattoa, all hetoaglag to the F»relga Affair* Cammlttoe if the Plaalsh ParUameat, will ■eel laeai gsverameat officials
      164 words
    • 94 2 THE DEPARTMENT of Trade has MM to revise the unit of measarement tor three Items aader the Singapore Trade Classifleatiss Plastic appttqaes aad other etothlag accessories will he measared la valae items Instead of per doaea. Copper articles failing aader the trade code 14.1» M aad alamlnlam
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    • 214 2 A NEW landmark is now making orientation easier in the southern section of Dusseldorf. West Germany). A mighty upside-down "Y" stands 145 metres above the Rhine. This concrete plyon, the highest construction in the North Rhine-Westphalian capital, supports the carrying cables of the steel suspension bridge.
      214 words
  • Page 2 Advertisements
    • 279 2 essential' fAM Prime Mhdshigh regard lor Sr **nest Gowers book. The Complete p i al Words, seems to have influenced Si»g®P<£ demand for the book at the National Library. Since a Straits Times regK s4 u U W i£> EdSatkm MtaWer. hiffhly recommended «r Ernest's book, bookshop sales have noticeably
      279 words

  • REGIONAL
    • 55 3 The price of gold soared to another record high on the Chinese Gold and Silver Exchange in Hongkong on Friday morning, opening at USSBM an ounce. Here are gold bars and gift coins on a display window in one of the many gold shops in the
      UPI picture  -  55 words
    • 165 3 Reuter THE THAI government yesterday ordered the temporary closure of the Thailand Tobacco Monopoly (TTM) cigarette factory, when workers failed to meet a deadline for a return to work following a four-day strike. Deputy Finance Minister Charchai Leethavorn said. Mr Charchai, who is chairman of
      Reuter  -  165 words
    • 273 3 NYT MR DENG Xiaoping, the Chinese Senior Deputy Premier, said in a major speech recently that the clause in China's constitution that guarantees a citizen's right to put up wall posters would be eliminated at the next session of the National People's Congress. A Chinese,
      NYT  -  273 words
    • 434 3 AFP KUWAIT will soon set up a joint Kuwaiti-Malaysian investment holding company, with an issued capital of MJ2SO million to invest in Malaysia. The leader of a visiting Kuwaiti investment mission, Mr Ahmed Al-Duaij, said in Kuala Lumpur on Thursday that this is the first time
      AFP  -  434 words
    • 334 3 MALAYSIA'S national oil company, Petronas, will sell 18 times more crude oil to Thailand this year under ayear long contract signed in Kuala Lumpur yesterday. This is the first time Petronas is signing a longterm contract with Thailand for the supply of crude oil. In the
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    • 421 3 EXPECTED ARRIVALS TODAY KEPPEL WHARVES Bunga Mas (2100) 18 Eastern Poseidon (2300 33/ 34 Fuso Maru (2330 after Frotabeira) 42 43 Kota Maha (after Minyee) 10 11 King Pearl (1500 24 King Dragon (1300 after Guang Ping will shift to G23 on 20th 0600 38 39 Straits
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    • 197 3 AP AN AMERICAN company and Malaysia's National Petroleum Corporation of Malaysia (Petronas) have signed an agreement on Thursday to help implement the Association of South-east Asian Nations (Asean) urea project in Bintulu in which Petronas will be the major shareholder. A Petronas
      AP  -  197 words
    • 147 3 AFP JAPANESE overseas investment is expected to continue to grow in the 1980s, particularly in natural resources development, the Japan External Trade Organisation (Jetro) said in a report published recently. In the 1980 White Paper on overseas investment, the semi-official trade promotion agency said Japanese
      AFP  -  147 words
    • 69 3 THE MALAYSIAN government is planning a general review of oil prices for the whole country soon, the Deputy Minister of Trade and Industry Datuk Lew Sip Hon said in Kuala Lumpur earlier this week. He said Cabinet had approved on oil prices for Sarawak to
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    • 692 3 Reuter AP PAKISTAN'S President, General Zia ul-Haq. said Thursday that a reported US$4OO million aid offer was "peanuts." He called for a US-Pakistani defence treaty to meet a security threat posed by the Soviet intervention in neighbouring Afghanistan. In a joint interview
      Reuter; AP  -  692 words
    • 257 3 AFP THE SOVIET Union made a thinly-veiled threat of Soviet reprisals on Japan if the Tokyo government joined in US-sponsored sanctions against the Soviet Union. The warning was sounded by Mr Yurii Kuzhetzov, Counsellor, and Mr Nikolai Sirenko, First Secretary at the Soviet Embassy in
      AFP  -  257 words
    • THE REGION IN BRIEF
      • 415 3 Agencies TRADE between China and Yugoslavia will total US$3OO million this year, Yugoslav Chamber of Commerce officials said on Thursday. THE entire SZI-km Malaysian east coast railway line »111 be rehabilitated within the next few years. Work on the 7«-year-old track which started fear to Ave months ago,
        Agencies  -  415 words
  • Page 3 Advertisements
    • 83 3 KCHItor BUSINESS TIMES 1W H a 6® ,»\V 4 Th toward 0 o ftefi o °n^a, n n Th,nk mg P o Jij^yond yet, CO ITL Yes nd No mg Th Se r in g yorne ORDER FORM KVs Mr/Mrs/Miss Yice^ S 30.00 ,re > s To: Federal Publications 1.
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  • RAW MATERIALS
    • 323 4 RUBBER prices escalated further this week in active and volatile conditions, following to a degree the meteoric rise in precious metals, says Holiday, Cutler, Bath ft Company in its review for the week ended Jan 17. Some 21 cents were added to previous levels, with current
      323 words
    • 328 4 QUIET and listless trading conditions prevailed in the Singapore produce market yesterday. Dealers here were again hampered in their attempt to trade with the leading ports in Europe and America owing to the wide disparity in prices. Local prices, they said, were still on the high side compared
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    • 118 4 THE Straits tin price in Penang yesterday firmed another Msl to $2,161 per picul, $211 above the International Tin Agreement ceiling, dealers said. Despite an overnight weaker London, values continued rising on a lower supply of tin ore and further buying from the US, Japanese and local traders.
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    • 39 4 Rubber: Jan 18 Singapore: February: 344.00 cents (up 7.50 cents) Malaysia: February: 345.50 cents (up 8.00 cents) Tin: M 52,161 (up $18) (equivalent to $35.73 per kilo) (up 30 cents) Official offering: 147 tonnes (down 5 tonnes)
      39 words
    • 136 4 CBT soybean futures closed 26 Mi to 21 cents a bushel higher, ending a session of nervous trade on Thursday. Rumours of military activity in the Middle East sparked massive local short covering and heavy commission house stop-loss buying, traders said. Soaring gold values contributed to surging prices in
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    • 244 4 THE SINGAPORE market closed higher yesterday with February One RSS buyers quoted at 344.00 cents per kilo, up 7.50 cents from Thursday's close, dealers said. Morning prices were marked up about 10.50 cents on trade, speculative and upcountry buying coupled with nervous stoploss covering. Developments in Afghanistan also boosted
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    • 389 4 R.A.S. prices In cents per kilo yesterday: Noon (per kilo) Buyers Sellers Int. 1 R.S.S. prompt f o b 340 00 341 OON Int. 1 R.S.S. February 342 00 343 00 Int. 1 R.S.S. March 346.00 347 00 Int. 2 R.S.S. 326 00 327 OON UK Cont 325
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    • 106 4 NOON SSR and SMR pnm yesterday RAS SSR 20 SSR 50 MRELB <1 U I1U 11 S 5 February (Current Mth) Buyer* Seller* 300.00 302. OON 297.00 299 OON March (Forward Mth) Buyer* Seller* 302 00 304.00N 299.00 301. OON SMR CV SMR L SMR S SMR
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    • 49 4 BANK of England surveillance of UK commodity markets will continue unchanged, but from March 1 will be looked after by the financial structure and supervision area, a Bank of England spokesman said. He had been asked to comment on a reorganisation of the bank announced on Wednesday.
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    • 149 4 SENTIMENT in Kuala Lumpur remained firm on spot covering by refiners and continuing reports of lower production during the February period, dealers said. The rise was also attributed to possible overseas interest due to the worsening Soviet/US relations, they added. January was traded Mss higher to $1,080 per
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    • 194 4 YARN and cotton prices were quoted as follows in Hongkong yesterday: (In HK dollars, spot ex-go-down) Cotton y*ra: China Blue Phoenix 20s 2.320; 32s 2,840. 40s 3.040 (per bale of 400 lbs). Ph*e RMds: China Butterfly and Globe brand unq; Dragon Head unq; Five Lambs unq; Flower and Butterfly
      194 words
    • 180 4 CBT wheat futures rallied on Thursday to close 18' to 13 cents a bushel higher, capping a session of nervous trade. Prices jumped on rumours of unrest in the Middle East and because of continuing tension between the US and the Soviet Union, traders said. Soaring gold values also
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    • 205 4 TIN PRODUCING countries «•ight sharply higher prices far the operattaa af the Internatloaal Tin Cmbell bnffer stack, ITC delegates said la London an Tharsday. Producers naked far the price range ta be lifted ta Mil ,85* to $2,411 a plcnl from the carrent $1,5 M to The US
      205 words
    • 911 4 SUGAR: The number two raw sugar futures contract opened £3.75 to £4.10 higher after trading 2,250 lots. The number four contract was up £3.65 and £4.15 in a turnover of 89 lots. The market continued its recent move into new life of contract highs although heavy profit-taking prevented
      911 words
    • 329 4 SINGAPORE: Yesterday's closing prices in S$ per kilo, ex-godown: THAI WHITE: 100 per cent first class (Kangaroo) new crop 1.00, 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 0.63, Special 0.57.
      329 words
  • ASIAN STOCKS
    • 675 4 TOKYO Source: DBS-Datwa THE RISE in the price of gold in New York and worldwide had little effect on the stock market daySumitomo Mining gained Y1 to Y291 and Dowa Mining went up Yl7 to Y479. Of late, the star performers in the market have been changing every
      Source: DBS-Datwa  -  675 words
    • 269 4 THE market finished easier on profit-taking yesterday, although there was limited overseas support for selected resource stocks, dealers said. BHP closed 30 cents lower at A 513.20, while Woodside lost four to $2.70 and Ampol Exploration rose 10 to 2 40 Thiess shed 10 cents to $7.80. Peko Wallsend
      269 words
    • 322 4 Source: SHK See ACTIVE two-way trade yesterday morning kept the market steady but selling in the afternoon caused prices to weaken on the exchange overall. There was no news to affect sentiment and the market was overshadowed by the gold market. Prices closed around their lows in quiet trade.
      Source: SHK See  -  322 words
    • 129 4 THE market closed mixed yesterday with commercials. industrials and minings firm, while oils were easier, dealers said. JAN 18 Pesos Aroje Mining 0078 -0.0012 Alias Con A Atlas Con B 4600 5 Baguio Gold 009 -0 0002 Benguet Con B 99 50 -10 5 BK Goodrich 1750 unch CDCP
      129 words
    • 225 4 JAN 18 Bah Is Asia Credit 186 7 Asia f ibre 148 7 Ayuthaya Inv And Trust Bangkok Investment Bangkok Bank Z 300 4 Bangkok Drying And Silo Bangkok Insurance Bangkok Metropolitan Ban Bangkok Nylon Bank Of Asia 143 ♦3 Bank Of Ayudhaya Ltd Ml 180 1 Bala Berli
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    • 51 4 FINANCIAL TIMES INDUSTRIALS Thursday 450.8 Wednesday 455.5 Week ago 430.8 DOW JONES AVERAGE INDUSTRIALS Thursday 863.57 Wednesday 865.19 Week ago 858 96 H.K.HANG SENG Friday «54.87 Thursday 860.64 Week ago 846.47 SYDNEY INDUSTRIALS Friday 613.07 Thursday 615.05 Week ago 582.58 ALL ORDINARIES Friday 823 66 ThuscUty 824.13 Weektgo
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  • Page 4 Advertisements
    • 163 4 Wendy Hutton's ....more than just a cookbook! Here, for the first time, is a local cookbook that gives you more than just recipes. More, too, than lots of fascinating and relevant information about Singaporean ingredients and cooking methods. Singapore Food is unique because it puts Singapore's famed cuisine into historical
      163 words

  • OVERSEAS
    • 557 5 Reuter THE European Common Market is considering a tax on imported oil that could yield the financially pressed community an annual bonus of at least US$l billion. But a spokesman for the European Commission on Thursday rejected any suggestion that the proposed tax is
      Reuter  -  557 words
    • 891 5 ARRIVALS Service Local Operator Number Time From SIA SQ9I3 0020 HKG PAA PA005 0125 NYC SFO HKG MAS MH601 0700 KUL SIA BA SQ BA17 0710 LHR BAH MAS MH682 0710 KCH SIA SQ101 0815 KUL MAS MH621 0840 PEN MAS MH607 0645 KUL MAS MH671 0930
      891 words
    • 383 5 Reuter AFP THE West German government has no plans to restrict credits to the Soviet Union or its Eastern bloc partners over the Afghanistan intervention, a German Economics Ministry spokesman said. The federal government provides no subsidies for German exporters to the
      Reuter; AFP; AP photo  -  383 words
    • 526 5 Reuter UPI THE Soviet Union has informed the United States that it will demand millions of dollars in damages for US trade reprisals ordered after the Soviet intervention in Afghanistan. Disclosing this in Washington, a senior Soviet diplomat said, "We will present them with
      Reuter; UPI  -  526 words
    • WORLD IN BRIEF
      • 483 5 Agencies THE Rhodesian business community on Thursday warmly welcomed the European Economic Community (EEC) derision to let their products in without restraint for the entire year. Tobacco interests believed it could mean a 20 per cent boost for their export trade. They hope to sell large quantities to
        Agencies  -  483 words
    • 243 5 Reuter THE Soviet Union made it clear on Thursday that it expects West Germany to play a major part in reducing the vigour of US President Carter's campaign for sanctions against Moscow over Afghanistan. The Communist Party newspaper Pravda, in a despatch from
      Reuter  -  243 words
    • 424 5 THE gross income of the American people in 1979 rose by about 12 per cent, a little below the inflation rate, according to statistics published on Thursday by the US Commerce Department. Further, Americans' personal income rose by 1.1 per cent for the second straight month
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    • 440 5 AFP IRAN'S foreign business community has shrunk by 96 per cent since the Islamic revolution last January from 100,000 to a meagre 4,000, according to informed sources in Teheran. Of the 45,000 Americans residing in Iran during the Shah's reign, only a handful
      AFP  -  440 words
    • 192 5 BRITISH Prime Minister Margaret Thatcher has requested two of her Cabinet officials to meet Britain's steel unions about the steel dispute. However, the government does not intend to intervene in negotiations between them and the strike-hit British Steel Corporation, government officials said. Mrs Thatcher's
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  • Page 5 Advertisements
    • 147 5 Hong Kong the Energy Development off Southern China For the first time, an international conference brings together experts to discuss what will be one of the international energy industry's most important new developments in the 1980s. Registration fee US$5OO. Hotel Furama Inter-Continental, Hong Kong, February 22-23, 1980 a Petroleum News
      147 words
    • 229 5 John Updike sets his striking new novel in fictional Kush, formerly known as Noire, a landlocked sub-Saharan country once controlled by France, now ruled by dictator Colonel Hakin Felix Ellellou. MP Ellellou, educated at McCarthy College in I VP VI Wisconsin in the mid-50s is a Black Muslim. He I
      229 words

  • 379 6 SINGAPOREANS are not particularly fond of serious, thoughtful television programmes though they are, by all accounts, confirmed television addicts. What then would be the effect of bringing, as Dr Ow Chin Hock suggests, politicians with their solemn words and serious faces into the peace of Singaporean living
    379 words
  • 443 6 LF A reader were to pick up the morning papers one day and read with increasing horror that in the previous day a tremendous fire broke out in a highrise building and incinerated in one fell swoop a few hundred senior executives, on whose
    443 words
  • 1500 6  -  By KEVIN RAFFERTY A NEW report says the entry of more and more developing countries into steel-making is likely to deal a rude blow to the exports of already suffering countries especially of Europe, but also of Japan. The industrialised countries might lose
    1,500 words
  • 208 6 A BOOK on "Newspaper Money" written by Fred Hirsch, Professor of International Studies at Warwick University and David Gordon, City Editor and deputy Business Editor of The Economist, has this most eye-catching blurb on the book jacket. It goes thus: The Times is read by the
    208 words
  • Page 6 Advertisements
    • 346 6 why not be a SALESMAN? Top men earn top money /i when qualified m Full training for UCTA Diploma Exam. The man in the car could be You examinat The house and family could be Holders c Yours. With you in a prosperous j n sales k new job enjoying
      346 words
  • Page 6 Miscellaneous
    • 1471 6 IBIWBIRWPIP Support the Young Lions YOl' will not miss moch if yon decide U stay awty from the take- bn today preferring to spend the day on more worthwhile pars alts like fishing, ramping or taking a ride to Desara, where yon caa get a beautiful tan lazing on the
      1,471 words

  • 1308 7  -  By PAMELA HOLLIE NYT VIRTUALLY overnight, the American dream of owning a home became a mere fantasy for many. The Federal Reserve Board's action last Oct 6 to tighten credit put the brakes on a housing boom that, despite high prices and higher mortgage rates,
    NYT  -  1,308 words
  • 1112 7  -  The Philippines is the world's largest producer of coconut the "tree of life" as it's known in Asia. To keep its position, the country will begin an ambitious replanting programme, using a hybrid that has proved its worth in West Africa. NARINDER AGGARWALA reports. NARINDER
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  • 900 7  -  FOBPMi With MAGARET THOMAS NEWSPAPER headines around the world are blaring forth the big questions To Go or Not To Go? To Shift or Not To Shift? More and more people in their respective countries and organisations are getting heatedly involved in the
    900 words
  • Page 7 Advertisements
    • 160 7 CARLOS CASTANEDA THE SECOND RING OF POWER Carlos Castaneda's journey into the world of sorcery has captivated millions. In this new book, he introduces dona Soledad, whose mission is to test Castaneda by a series of terrifying tricks. Thus, Castaneda is initiated into experiences so intense, so profoundly disturbing, as
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  • Page 7 Miscellaneous
    • 24 7 Bristow: Frank DictenS P.MCHEJI COP Of T £f\, aa^S Teflt i sp>v. ,s5fS MP\S IT HCS Ceu£BRRT t MG HiS ve>»C£NT€.rWiFM ,(Q>r** «3> a
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  • INTERNATIONAL STOCKS
    • EUROPEAN MARKETS
      • 301 8 JAN 17 Krs COR Bhl I.I.K Air-l.iquMU* 489 -6 H s N (imah IhuuMir 920 -4 1* S K {Thomson is!) 529 -1 t'lf F ram aiNf »1fs IVtrolfN 234 40 -17 0»mpagnie K inane ier«* fompugnit* unch CM»n«*ral«* 335 i rnlit Koiiricr lv nawt 442 -H llachriU' 1
        301 words
      • 88 8 JAN 1? F'rs FOKW,\KI> MARKKT Amx» -1 Arhrd SM 35 Axtur M 8 Hrasran unrh Hru-Latnb (an par MB 14 Cotk ViM -20 IH» Beers ■1 Kb«*s 2210 -5 HertrobH -60 iib-lnno-lttn Mi •20 Ciev M -6 llobok mm 20 PMM 5760 50 Kyi PHI m -10 Sidro 1110
        88 words
      • 253 8 JAN 17 I Mil A«»|Z-TH<*funkpvi 3H70 1 6 Ak/u 20 50 -06 All/ Lt»b*n HSl> 00 -10 All/ Vrrs 470 00 UIH h BASF 134 60 -U6 Hay II T *t>ank *****0 -2 Hay Vhank 254 U0 1 5 Ba>rr 121 30 -1 1 BBC 284 00 BMW ihsm
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      • 246 8 3\H 17 ns AHN 299 50 unch A:.OUI 84 UO -1 22 50 0 9 AVIV 100 00 -1 8 Aril fas 1160U -0 5 Ainru Rink 62 60 -0 7 HrriiOto 41 20 -28 Rrrfc 92 10 0 3 Ko;> 61 10 t04 r.«-r 196 00 24 Hurhni.itin
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      • 191 8 JAN 17 francs Art ions Suivs«*s 290 1 Alusuiss** Hr 1275 -15 Alusuissr K«*k 4*0 1 Brown Bovrri Hr 1770 -10 < it»a Br 123.S 10 i'lba (ifixy P C 975 unrh C'lba CiriK) K<*K 676 unrfi C'rrdlt Suisse Hr 2330 15 Credit Suisse Rfjj 435 -1 tlektrowatt Hr
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      • 109 8 JAN 17 Lire Ann 9H0 -0 25 A**or (ifn 495*10 1000 Ba>t«»«ti T*» 18 Ontralr 1- i.ti 3HI 30 h HMMfcV 89 50 35 (i«»n Immoh 69 25 15 in Rn 26ul 52 ltal« **n»»»ntl 2U7SO 430 H.ilgas 820 29 Italsidrr 235 •10 \1agnrti M PI 599 -2 MartMli
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      • 1219 8 NEW YORK PRECIOUS metals stocks surged again on Thursday as gold bullion prices topped US$BOO. But blue chips and some natural resource issues gave ground. Analysts said the market advance that followed the Soviet intervention in Afghanistan was losing momentum and the action in gold provided
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      • 203 8 JAN 17 CS Abitibi 21'• Alcan 65 i j, Algoma 36 l unch Bank Mont 26 unch Bank Nova Scotia 24 Bell Tel 21 Beth Corp BP Can Lid 38 >i Brasran 23 Camp Red Lake 40 2'* Can Imp Bk 27 1 Canpac 44'. 'i Canpac Inv Pf
        203 words
  • Page 8 Advertisements
    • 683 8 See Page 4 for Asian stocks See Page 9 for Jo'burg prices or i Savour our Chef i*s masterpieces )uisine. Cockpit Sotfl Call Josephine for reservations *****75 or *****11 x 107 Merlin's New Tavern Bar It's totally new. Painstakingly furnished to create just the right ambience for you to unwind
      683 words
    • 84 8 a A reputation for fine Cantonese food. Fortuna Restaurant offers one of the widest selections of Cantonese cuisine in Singapore. Each dish reflects a subtle blend of natural flavouring and spices, a taste which is distinctive of true Cantonese cuisine. Entertain your business associates, friends and relatives at the Fortuna
      84 words

  • BANKING AND FINANCE
    • 298 9 Reuter THE BANK of China acted for the first time as co-lead manager to an internationally syndicated loan when it signed a HKS6I7 million, 10vear credit for the recently formed China Cement Co (HK) Ltd. A spokesman for Chase Manhattan Asia Ltd, co-lead
      Reuter  -  298 words
    • 154 9 AP THE INTERNATIONAL Development Association (IDA), an affiliate of the World Bank, announced on Thursday that representatives of 33 countries have agreed to arrangements to increase its resources through a replenishment of its funds. IDA said the replenishment provides for an estimated US$l2
      AP  -  154 words
    • 94 9 MALAYSIA w*il not do away with its present foreign exchange regulations because they do not have an adverse effect on Kuala Lumpur's development as a commercial and financial centre, the Deputy Finance Minisler, Datin Paduka Rafidah Aziz, said in Parliament. The aim of the regulations
      94 words
    • 433 9 AP THE US Federal Reserve Board announced that it would not reconsider its decision to allow a Hongkong bank to acquire controlling interest in the Marine Midland Bank in New York. Giving "exceptional treatment" to this case would set an "undesirable precedent," according
      AP  -  433 words
    • 132 9 Reuter NOMURA Securities said its open-ended mutual fund, based mainly on mediumterm national bonds, has a limit of 80 billion yen, although its initial target will be 10 billion yen. The Japanese Finance Ministry has approved Nomura's plan to raise the target
      Reuter  -  132 words
    • 430 9 Reuter THE SECRETARY general of the Organisation of Petroleum Exporting Countries (Opec), Mr Rene Ortiz, said oil producers are confident the present banking system can recycle a new wave of Opec surpluses back to oil-con-suming nations. In an interview at Opec headquarters in Vienna, Mr
      Reuter  -  430 words
    • MONEY AND EXCHANGE$
      • 433 9 TRADING was very quiet in a thin foreign exchange market yesterday. Starting off at 1.7215/25 against the Deutschemark, the US dollar was then traded up to register a firmer 1.7235/45 at closing. Against the yen, the US dollar opened at 239.75/85 and slided to finish at 239.65/85. Not
        433 words
      • 53 9 RESULTS of tender held on Jan 18 for 91-day Treasury bills to be issued from Jan 21 to Jan 25. Offered: $40,000,000 Applied for: $90,000,000 Allotted: $40,000,000 Accepted bids: $98.31 approximately 47 per cent; higher bids in full. Average rate of discount on allotment: 6.745 per cent
        53 words
      • 22 9 THE average rate at which major Singapore banks are currently prepared to lend to their best customers is 9.9 per cent.
        22 words
      • 158 9 ASIAN RATES ASIAN currency deposit interbank rates as at close on Jan 18: US Dollars(Spot) Offer Bid 7 days 13". 13 J 1 month 14 15/16 14 13/16 2 months 14 3/16 14 1/16 3 months 14'. 14'. 6 months 14'. 14'. 9 months 13n 13' i 12 months 13'.
        158 words
      • 47 9 RANGE of prices offered by discount houses on Jan 18: Overnight: 6'i'i Call deposits: 6', to6'i'< Cloaiag Buying Selling 3-month Treasury bills 6 6 k 3 month Bank bills 10 10 3 months CD 10 < 10 6 months CD 1011/16 10 9/16 Source: National Discount Co
        47 words
      • 88 9 THE U.S. dollar for overnight delivery closed at 239.45 yen yesterday, slightly down from a 239.50 opening but up from 238.70 at Thursday's close, dealers said. Trading was quiet with volume of US$552 million. The dollar for immediate delivery closed at 239 80 yen, unchanged from the opening level
        88 words
      • 447 9 GOLD futures in Singapore yesterday closed sharply higher compared with overnight levels in fairly active trading, dealers said. Trading was suspended for an hour in the morning as prices opened limit-up across the board following the metal's sharp rise in New York on Thursday night and in Hongkong yesterday
        447 words
      • 117 9 STERLING approached USJ2.2B in early dealings yesterday in a relatively quiet market, against the backdrop of a steady dollar. Dealers said the strength reflet-ted continuing high interest rates. The dollar scored early gains against Continental European currencies, firming a little from an opening 1.7238 45 marks and a late
        117 words
      • 59 9 THE U.S. dollar was quoted mixed yesterday but basically steady against major currencies in quiet, late endweek trading, dealers said. HONGKONG banknotes: US 4.83 4.85 UK 10.30 11.00 Burma lco/1.50 India 5.30 5.50 Indonesia 0.72/0.82 Japan 2.025 2.025 Korea 0.65 0.75 Philippines 0.59 0.61 Singapore 2.245 2.265 Malaysia 2.23
        59 words
    • 126 9 CHEMCO International Leasing Incorporated, the subsidiary of Chemical Bank engaged in equipment financing and leasing in the international market, has named Mr J Harrington as the new president. Mr Harrington succeeds Mr Alan H Fishman, now the senior vice president finance for Chemical Bank and
      126 words
    • 127 9 Officials at Common Market headquarters in Brussels are studying what routes are open to the nine-nation community to curb credit concessions to the Soviet Union. "We're trying to determine what the European Community's legal powers are," one official said on Thursday. The community's
      127 words
    • 522 9  -  By RUTH CHENG BANK of America has acquired a 20 per cent equity share in the new International Bank of Yemen, the first computerised financial institution in the Gulf state. It was officially opened on Jan 5 in the city of San'a. Sheikh Khalid
      522 words
    • 319 9 JAN 1? Rand INDUSTRIALS A Alpha 262 unch Abercom 300 unc h AE And CI 590 unch AMIC 2100 Barlows 825 -s Cg Sugar ioeo -20 CNA 395S Currie Finance 145 -S I* Beers Ind 2100 unch Edoon 490 -5 Edgars 5600 unch Eveready Fed Volk 450
      319 words
  • Page 9 Advertisements
    • 84 9 Businessmen, your inroad to the Singapore Banking. Finance Insurance W'm v^lWCommunity. 4 A*- aJ *<1 -'J P>^°^ S O^ ce o^' .o^' fv P D et, S A^ < a «4 sgtfSr A TIMES DIRECTORIES PUBLICATION For enquiries please telephone *****11(3 lines) *><£>* >>»S 7°*w< U X °^°Z^ v &£&<>*.
      84 words

  • 2419 10 BID and offer prices officially listed and business in and reported to the Stock Exchange of Singapore yesterday with the number of shares traded shown in brackets in lots of 1,000 units unless otherwise specified. SECTION ONE INDUSTRIAL COMMERCIAL Arma (2 498)
    2,419 words
  • 161 10 SING APORE UNIT TB18T (Ningm 1 prices l«r Ju Zl > The Commerce 2.32 2.46 The Saving Fund 1 49 1 58 S pore Prog Fund 104 110 S pore Sec Fund 181 192 S pore Invest Fund 1.38 1.46 S pore Equity Fund 1.00 106 INCOME BOND
    161 words
  • 2811 10 This Gr's Gr's Net i ear Last Div Div Y'ld P/E Vol Week High Low Company Sale or- C'vr COOO) High Low SECTION ONE INDUSTRIAL A COMMERCIAL 261 207 Acma 250 -10 15.0 2.2 6.0 12.8 3 252 250 223 123 Alcorn 223 10.0 1.3 4.4 29.7
    2,811 words
  • 2428 10 BID and offer prices officially listed and business in and reported to the Kuala Lumpur Stock Exchange yesterday with the number of shares traded shown in brackets in lots of 1,000 units unless otherwise specified. INDIKTIUALS \Jt»om*U 13 60S) (1) 3 50 (1) 3 40 AWB (2.145)
    2,428 words
  • 734 10 EARLIER gains were turned Into losses In a wave of selling that developed In the afternoon on the Stock Exchange of Singapore yesterday. It was the first sign of technical weakness noted this week, suggesting that the market is overbought, in contrast with the previous
    734 words
  • 605 10 SELLERS dominated on the KL stock market yesterday, forcing prices broadly lower in continued active trading. Prices opened on a fairly steady note but retreated after the first session while profit-taking was most pronounced among the volatile second and third liners. Losses were mostly moderate
    605 words

  • COMPANY NEWS
    • 210 11 Date Last Full Year Company Period Announced Net EPS Gross Pre-tax last year (cents) Div. Profit BATS <%> I 1/12 5.1 17.0 3,983 M'wata Steel 1 22/12 12.4 10.0TE 14,803 L Perak I 3/1 30.1 100.0 1,538 Perlis Plant F 12/1 19.1 27.5 27,068 Folex Ind F 18/1
      210 words
    • 366 11 Current Ex Books Date Total for Total for Payment Date Close Payable the year Previous year Lien Hoe 8% I Dec 18 Dec 29 Jan 21 8% 13.5% Miitn Ctainers n%i Dec 11 Dec 21 Jan 21 11% 22% M Glass 7%TE(b) Dec 19 Dec 31 Jan 21
      366 words
    • 103 11 Company Particulars Ex Date Books Close M Breweries Bonus Issue of l for 2 Jan 24 Jan 31 Lingui Bonus Issue of 5 for 3 Jan 22 Feb 1 Temerloh Bonus Issue of 1 for 1 NYA NYA Sentosa Bonus Issue of 1 for 3 NYA NYA T
      103 words
    • 988 11  -  Investigations by the UK and Hongkong securities industry authorities into the affairs of Saint Piran are having a backlash effect on the business performance of the controversial mining and property group which has interests in the UK and Far East. GERALD COLVERD, who interviewed
      988 words
    • 278 11 quent development of Fairmont Estates in Thailand. His direct knowledge of the group's Far East affairs is highly detailed. He has already commissioned an independent accountants report on St "Iran's assets, the subject of extensive auditor's qualifications in the last accounts. "Our next
      278 words
    • 449 11 vaouaa by HOCK LOCK SIEW YESTERDAY'S broadly weaker market, experiencing its first fall in three weeks of seemingly continuous rises, was foreseen by chartists to whom the eventual technical correction in an overbought market merely justifies their science. When
      by HOCK LOCK SIEW  -  449 words
  • Page 11 Advertisements

  • 339 12 THE NEW generation of politicians should polish up their television image, suggests Dr Ow Chin Hock, parliamentary secretary to the Ministry of Culture. Writing on "Broadcasting in Singapore" in the 25th anniversary issue of Petir, the Peoples' Action Party magazine, he says that with
    339 words
  • 275 12 DEMAND growth for imports by the United States is expected to slow down in 1980, reflecting the decline in American business activity. Imports would increase by 10 per cent to about US$229 billion while export growth, though higher at 13 per cent, would also slow
    275 words
  • 401 12 UPI THE exiled Shah of Iran, in a wide-ranging interview tinged with bitterness and a sense of betrayal, hinted that his downfall was the result of a conspiracy by oil companies to drive the cost of oil up by disrupting its flow.
    UPI; AP photo  -  401 words
  • 117 12 SUDDEN and widespread Soviet troop movements in Eastern Europe are apparently part of an effort to beef up Russian invasion forces in Afghanistan, the United States said. In the Afghan capital of Kabul, there was no word on the fate of 30 to 50
    117 words
  • 841 12 LONDON, Fri. Gold shares were again a feature in a firm market with producers gaining as much as USS7 following a fresh surge in the international gold price, dealers said. At 3 pm. the FT index was 12.6 up at 463 4. Government bonds advanced by up to
    841 words
  • 253 12 VALUERS and surveyors here may soon by asked by their respective representative associations to vote on the proposed merger of the two bodies into a single unified unit. The two existing representative bodies are the Singapore Institute of Surveyors (SIS) and the Singapore Institute
    253 words
  • 134 12 MARINE communication equipment specialist Debeg Pte Ltd last year recorded a turnover of $1 million, an increase of about $400,000 on 1978. Newly-appointed m a n a ging director Peter Truckinmuillir is optimistic that the company will do better this year. A wholly-owned subsidiary of
    134 words
  • 154 12 THE Central Bank of Ceylon will be host to the 16th Conference of the Governors of Central Banks in South-east Asia (Seacen) next January. A press communique issued at the end of the three-day 15th Seacen meeting yesterday said that the governors
    154 words
  • 81 12 AP AN UNKNOWN amount of funds of the French branch of Citibank of New York have been temporarily frozen at the Central Bank of France and another bank in Paris at the request of the Iranian authorities, court sources said yesterday. The freeze was effected on Wednesday
    AP  -  81 words
  • 503 12  -  By TEO TECK WENG A RECREATIONAL centre with squash courts and restaurants will be built along the East Coast Parkway between the Singapore Tennis Centre and the Parkland Golf Driving Range. The East Coast Recreation Centre will be located on a 1.6-hec-tare plot
    503 words
  • Page 12 Advertisements
    • 0 12 {;[`{.*^=+%<!=;/?!:}{-{>^..?"{"
      0 words
    • 209 12 t I Kashan Medallion Carpet Double Knotted Size: 7' 4' 6". Origin: Pakistan Isfahan Medallion Carpet Double Knotted Size: 6* 6" 4'6". Origin: Pakistan "tie :c- <2 V f I IHf i >6,' Kashan Tree of Life Double Knotted Size: 7' x 4' 6". Origin: Pakistan uar. >% Kashan Picture
      209 words
  • Page 12 Miscellaneous
    • 64 12 Outlook for Singapore from 6 a.m. to 1 p.m. today: Cloudy to overcast with moderate rain. Re pert (or 24 hoars prior to 7.39 p.m. on Jan 18 at the airport. Maximum temperature 31.7 Associated humidity 60 Minimum temperature 22.3 Associated humidity 95 Hours of sunshine 5.20 Rainfall in millimetres
      64 words

  • LEISURE TIMES
    • 1727 13 The beaches spell THE BAYS ARE SIMPLY BEAUTIFUL AND BREATH-TAKING j PHUKET is such a busy i little tourist destination that one would imagine that at every street corner in town, one would bump into camera-touting tourists, or that the citizentry would be brash and insolent, some of the defensive
      1,727 words
    • 255 13  -  By RONALD KOW YOU MAY have been to a Turkish bath many times before but have you ever attended a Turkish wedding? No? Well, if you ever get an invitation to one, better go prepared with lots of cash. Big notes. Really big notes. The bigger
      255 words
    • 372 14  -  By JOHN LIM "ONLY true Beatles followers could claim to have more than half the tracks on the album (The Beatles "Rarities"). And only die-hard fanatics could boast over 80 per cent. So, on any level, this album represents a collector's item and some fine rock and
      372 words
    • 501 14  -  FOO CHOY PENG THE Blind Geisha is a mediocre attempt by director Zhou Ming Hung to portray the real-life misfortunes of a geisha. This is one rare movie that does not rely on two popular stars (usually the male and female leads) to draw the
      501 words
    • 327 14  -  ELLA MANDER THE SECOND part of the BBC TV Shakespeare production of Julius Caesar last Monday was an action packed sequence, with tension, bloody murder and mob-stirring speeches rapidly following upon each other. Director Herbert Wise used the close-up lens of his television camera
      327 words
    • 461 14  -  JOHN LIM WHAT can't I say about Gracie Rivera? I don't think she is excellent, or even consider her a talented singer. But I can say that Ms Rivera would have faced some stiff competition if she had been a finalist in one of our
      461 words
    • 247 15 HAVE you ever considered that knot around your neck a superfluous appendage? Some men say ties smarten their appearance, others feel inelegant without a halter, but a few would abhor its pretentious symbolism. But take this word of advice don't doubt its power. Be proud
      Photos: Anthony Wye  -  247 words
    • 374 15 PRETTY pinks, sweet lilacs and magnificent mauves who would resist these colours? If you find them too frivolous and feminine for your image, then sprinkle them with a dash of blues, apple green and rustic red. These are the colour themes of Alfredo Bendini
      Photos: Nghai Chee Wah  -  374 words
    • 881 15  - Mmm a fresh fragrant pizza WEEKEND GOURMET By PATRICIA WELLS PIZZA, along with fried chicken and the hamburger, stands as another favourite fast food. Universally appealing, it's a dish that transcends age, class and nationality, finding favour among bonafide junk-food eaters as well as those who would rather die than
      881 words
    • 709 16  -  P SSC training scheme FOOTBALL By CHARMAINE CHAN THIRD in our series of SSC training schemes is the Milo Football Training Scheme which is sponsored by Nestle Singapore Pte Ltd at an average of $30,000 a year. This scheme is one of two which
      709 words
    • 155 16 THE Singapore Sports Council will be conducting learn-to-play squaah courses at the Kallang Squash and Tennis Centre from Jan 21. Each course consists of eight lessons and will be held twice a week on Mondays and Thursdays; Tuesdays and Fridays and Wednesdays and Saturdays. The fee
      155 words
    • 382 16 GOLF: This morning, at the Changi Golf Cub. the 1979 Ladies Gold Medal will teeoff at Bam while the 1979 Gold Medal for men is scheduled for this afternoon. The SGA Premier and the F N Leagues continue this weekend with Changi as the hosts against the
      382 words
    • 1027 16  -  wmk By RONALD KOW THERE IS a lot to be said about making match predictions but one thing a sports journalist is not terribly fond of is giving a forecast that turns out to be grossly erroneous. Yet, as Singapore's Malaysia Cup
      1,027 words
    • 1090 16 1 FOR the prospective new car buyer, the implications remain stark: the fuel crises will push petrol prices higher and higher. This really is the time to consider buying a smaller, more economical car for everyday needs. Small capacity cars have reached quite a high degree
      1,090 words
  • Page 13 Advertisements
    • 48 13 Kodacolor 400 film. Beatles' Rarities will be a collector's pride II Don't fight shy of that knot around your neck 11l A peep into the colourful world of Alfredo Bendini HI There's a general air of confidence for Singapore's victory IV Mitsubishi presents yet another economical beauty IV
      48 words
    • 614 13 Ask for Kodak /paper... for a good look, em A 1 Earth sea Trilogy A Wizard of Earthsea jtft* The Tombs of Atuan The Farthest Shore WMI A WVOrk of rnagical strength and imaginative power; of that timeless struggle 4— rS ■jA between good and evil; of j demon* dragons,
      614 words
  • Page 13 Miscellaneous
    • 868 13 WHAT WHERE RECITALS THE Singapore Symphony Orchestra will present the second night of its Anniversary Concert at the Conference Hall tonight at 8.15pm. The soloist is Seow Yit Kin. The programme: Overture The Thieving Magpie (Rossini); Golden Flowers and Voilets (Mao-Ee Ren); Piano Concerto in A op 16, with soloist
      868 words

  • Page 14 Advertisements
    • 320 14 k THE STRAITS TIMES BI LINGUAL PAGE IN BOOK FORM »i*mm( EajKgfig^s By popular demand and to help promote bilingualism, the articles and stories that appeared in The Straits Times Bilingual Page over the past year have been re-edited and grouped under suitable headings and published in a magnificent book.
      320 words

  • Page 15 Advertisements
    • 238 15 WORLD PHOTOGRAPHIC CONGRESS. EXHIBITION SALON SINGAPORE THE MANDARIN HOTEL SINGAPORE Exhibition Proto Salon Opening Time 12 00pm —930pm The worlds leading photographers and photographic suppliers wfll be In Singapore in Marchl9Bo. The wona s top photographers from Asia America ana Europe win meet m Singapore tor one of Sooth East
      238 words

  • Page 16 Advertisements
    • 250 16 Just Published! o\ o\urr>r> tpS*^ S£^ e K 1 11 w t <» M f W/J on Sale Now at leading bookstores in Distributed by TIMES DISTRIBUTORS SON. BHD. irS Was Chairman Mao a secret communist? Is America in danger of going capitalist? Do airlines discriminate in favor of baggage?
      250 words