The Business Times, 26 January 1980

Total Pages: 16
1 16 The Business Times
  • 10 1 BUSINESS TIMES M.C4P) No. Ut/l/M SATURDAY, JANUARY 2«, 1980 50CENTS
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  • BRIEFLY...
    • 50 1 Reuter BANGKOK, Fri. Singapore Prime Minister Lee Kuan Yew will arrive here tomorrow for a stop over on his way to Europe, Thai Premier Kriangsak Chomanan said. General Kriangsak said he would exchange views with Mr Lee on the situation in South-east Asia, particularly Indochina issues. Reuter
      Reuter  -  50 words
    • 97 1 AP WASHINGTON, Fri. US consumer prices climbed 1.2 per cent in December 1979, pushing inflation for all of last year to 13.3 per cent, the worst annual increase in 33 years, the US Labour Department reported. The report said the acceleration last year was caused primarily to
      AP  -  97 words
    • 63 1 Reuter BELGRADE, Fri. President Tito has started to carry out some of his regular duties after the amputation of his left leg last Sunday, his doctors said. The doctors said in a bulletin that the 87-year-old Yugoslav leader is feeling well, his general health condition is improving
      Reuter  -  63 words
    • 64 1 UPI JAKARTA, Fri. A group of bankers from Japan and Asean hope to set up a common investment fund to increase economic exchange between the two sides. Antara news agency said the fund will amount to US$lO million, 50 per cent of which would be provided by
      UPI  -  64 words
    • 73 1 AFP TOKYO, Fri. Japan, in a dramatic turnaround, suffered a record current account deficit of US$B,6OO million last calendar year mainly due to soaring import prices of oU and other raw materials, the Finance Ministry announced. The red-ink figure compared with a record current account surplus of $16,530
      AFP  -  73 words
    • 86 1 Reuter LONDON, Fri. Gold dealers ended trading for the week just after the fix, with bullion quoted at US$665/675 an ounce, down about $30 on the day with the bulk of the selling pressure occurring during the afternoon fixing session. Dealers said selling orders appeared from the
      Reuter  -  86 words
    • 53 1 AP NEW YORK, Fri. Stock prices declined this morning, faced with more adverse news on US inflation and rising interest rates. The Dow Jones average of 30 industrial stocks dropped 5.97 to 873.98 in the first hour. Losers outnumbered gainers eight to seven among all New York Stock
      AP  -  53 words
  • 129 1 Rises Austral Anil 700 95 Mifiun Corpo 545 40 Sel Properties 585 35 Troooh Mines 1180 30 Straits Trading 860 25 Gentings 426 16 FAN 630 15 Kempas 620 15 Inchcape 240 14 Sea View 231 13 Mega Chem 174 13 Falls Berjuntai 765 -35 F E
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  • Article, Illustration
    153 1 Rises Indices Jan 24 Jan 25 Temerloh 670 50 B.T. Index: 5492.40 5645.10 Inch KK 1200 50 Industrials: 492.87 500.43 Petaling 1150 50 Finance: 718.03 725.94 Magnum 555 45 Hotels: 322.59 323.66 Isl and Pen 490 38 Properties: 310.68 320.78 Sel Prop 590 25 Tins: 262.02 263.91 Kempas
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  • 602 1  -  FURTHER RISE EXPECTED By CATHERINE ONG THE YEAR of the Monkey looks set to start with a big bang for the stock markets of Singapore and Malaysia, judging from the current bullish sentiments of investment analysts and stockbrokers. Twenty-four hours after the Hongkong stock market
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  • 186 1 THE convention for avoiding double taxation between Sri Lanka and Singapore became effective yesterday and will limit taxes by the country of source to 15 per cent on dividends. Interest tax limit will be 10 per cent and on royalties relating to industrial, commercial
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  • 433 1 BRITISH and Japanese biscuit-makers are exporting production overseas and are using Singapore as a base for manufacturing and export. This was confirmed in a joint-venture recently concluded between Meiji Seika Singapore and United Biscuit of Britain to produce the latter's biscuits here for overseas markets.
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  • 268 1 THREE African shipping conferences are proposing a 10 per cent general freight rate increase this year to meet rising operating costs. The Straits/South Africa Shipping Conference, the Far East Africa Freight Conference and the Straits/Somalia Freight Agreement intend to raise freight rates from Feb 1. Negotiations between
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  • 274 1 SINGAPORE Alrilaeo ku reeeatiy been graated traffic righto la fly ta Istaabal ar Ankara and beyond to Athens and Frankfurt. The thrlee-a-week flights will be thraagh three Intermediate palate, la return far theae rights, Slagapare baa granted Tarkteh Airline* fall traffic rights to
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  • 340 1  -  By MARGARET THOMAS DATA processing personnel will soon have their own association in the form of the Data Processing Managers' Circle. A meeting early next month of the dozen or so founder members of the association is expected to be the final stage in the process
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  • 96 1 SINGAPORE will make its debut in the fourth Oceanexpo exhibition to be held in Bordeaux in France from March 4 to 8. The Republic will join some 200 exhibitors from 30 countries. The exhibition is expected to draw between 8,000 to 10,000 visitors. Local specialised organisations will provide
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  • Page 1 Advertisements
    • 9 1 The MINOLTA EP 310 PPC does it all. Minolta
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    • 249 1 Growth of American Defenses Related Stocks Have Erupted to Ten-Year Highs SANDERS ASSOCIATES, a specialist in strategic military technology, was as low as $13 after CAPITAL GAINS RESEARCH first told clients to begin buying it in anticipation of a major resurgence in U.S. military expenditures. After the recent crisis in
      249 words
    • 61 1 vmmzzz LEISURE TIMES SIEMENS is looking for sappll- THE success story of Goodyear en 2 (M).......................................... 11 OHIRA backs moves against KL Commodities Exchange invasion 5 soon to start trading................. 12 BEVERAGES that taste like S'PORE to process 7pc of wine......................................... 7 Petronas 0i1.............................. 12 AIRCRAFT 5, TV AND RADIO
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    • 168 1 AMERICA'S FAVOURITE Tennis Rackets, Balls Shoes Banaofl'Sole Agent Merdlngs Leisure Pte Ltd 23. Park House. Orchard Boulevard Singapore 10 Tel: *****55,*****18 Aiao avaWbM at an »admfl tools ahopa and pro atop* Leader...Page I ASIA RESEARCH BULLETIN &id It bOU few 7 *xr;-.-3r/ This unique publication offers businessmen each month a
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  • TRADE AND INDUSTRY
    • 163 2 THE GENERAL manager of Hyatt Regency Singapore Hotel, Mr Bernd Chorengel, has announced the appointment of Constance Pham as electronic data processing manager, Syed Hyder bin Alsageff as matre'd in Hugo's, and Gary Lee as assistant front office manager. Mrs Pham has been with Hyatt Regency Singapore
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    • 178 2 CANON has introduced the world's smallest plain roll paper printing and display calculator to the Singapore market. About a fifth smaller than the previous Canon calculator In the range, the new prodact Is called the P7-D and coots $IM. Measuring only 8.7 cm
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    • 318 2 THE GIANT German electronics group Siemens is looking for suppliers and will hold an exhibition in Singapore and three other Asian cities in the next two months to find reliable manufacturing sub-contrac-tors. Singapore will be the first venue for Siemen's purchasing exhibition in the
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    • 261 2 THE American Business Council (ABC) has been reorganised to meet the expanding needs of its enlarged membership, which now stands at 500. The newly elected chairman erf ABC's board of governors, Mr Ron Gill, is working with a new group of executives to meet the changing
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    • 231 2 THE READY-Mixed Concree Association of Singapore will be among the organisations sponsoring a five-day conference in Hongkong about mass transportation in Asia with particular reference to the Hongkong mass transit system. The meeting, to be held from May 19 to 23 at the Sheraton Hotel
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    • 245 2 SUZUE (Singapore) Cold Storage, a joint venture between the Port of Singapore Authority (PSA) and a Japanese company, Suzue Gumi Warehouse, will soon open its new $10 million cold storage complex at Keppel Wharves. The modern 30-metre high five-storey warehouse has a total
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    • 117 2 THE BURROUGHS division of Plessey, the UK electronics group, will unveil models of its latest 890 series of computer systems in Singapore next week during a series of business management systems seminars at the Holiday Inn. The Burroughs 890 is a series of compact generalpurpose
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    • 82 2 SINGAPORE companies who want to do business with Italy can now make use of a computer in Rome. The computer Is linked to the Italian Trade Office at the World Trade Centre by telex and now all trade inquiries can be telexed directly into the
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    • 208 2 AKAI electronics engineer Makoto Noda, 33, recently Joined the Akai Servicing team in Singapore to ensure the best after sales and technical services for buyers of audio and video equipment. Mr Noda, who has been with Akai since 1970, will train local Akai technicians as well
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    • 576 2 COURSES AND TALKS 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 and Develop Management Potential in Your Organisation, NPB Town Training Centre, National Productivity Board
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  • Page 2 Advertisements
    • 40 2 •sSS .««> °°T^ n .ria\ t#e SV* ero co«*^ b os»n n,l, 'yo>» ,ch (se s 3 ,e 3 5,1 j£U a^°<^ d P aW lC °< e 0 ira a oC e 3U r*® a »n^r oNS vac*^ S tV3O^ S
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  • REGIONAL
    • 198 3 Reuter HIGHER oil prices helped to reduce Japan's world trade balance last year after several years of large surpluses, the Japanese Finance Ministry said. Japan's visible trade surplus last year was US$2.O3 billion, down sharply from a record $24.60 billion a year earlier, the
      Reuter  -  198 words
    • 219 3 Reuter THE OFFICIAL Chinese news agency sajd on Friday the granting by the US Congress of favourable trade status to China marks an end to "discriminatory" trading practices against China. Xinhua News Agency said the resolution adopted by the House of Representatives and the Senate "completes
      Reuter  -  219 words
    • 34 3 Queen Strikit of Thailand receiving a garland from a schoolgirl as she was leaving Bangkok yesterday for a medical examination at Walter Reed Hospital in Washington DC. UPI photo. UPI photo
      UPI photo  -  34 words
    • 629 3 UPI AFP CHINESE Vice-premier Deng Xiaoping said on Thursday that China and the United States should unite to deal with the ambitions of the Soviet Union. "The 1980s will be a decade of troubles," Mr Deng said in a speech at a meeting
      UPI; AFP  -  629 words
    • 524 3 EXPECTED ARRIVALS TODAY KEPPEL WHARVES Able Reefer (2200 after Taisei Maru No. 87) 27 28 Alba lulia (0600 after Lanka Sagarika) 29 30 Anette Maersk (after Alisher Navoi) 38 39 Golden Sea 707 (Tanker) (after Chie Maru Subject Gas Free P/O) 13 Golden Eastern (0600 after Golden
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    • 256 3 AFP UPI FINANCE Minister Noboru Takeshita yesterday called on the Japanese people to cooperate in fighting soaring prices. In a policy speech to the Diet, which resumed its session yesterday, the Minister stressed that he would give first priority to efforts to stabilise prices.
      AFP; UPI  -  256 words
    • 73 3 AFP AUSTRALIA'S official annual inflation rate reached 10 per cent yesterday with a rise of three per cent in the cost of living index figures. The Australian Treasurer Mr John Howard said that the figure is lower than expected and it would be difficult to get below double
      AFP  -  73 words
    • 451 3 AFP JAPANESE Prime Minister Masayoshi Ohira said yesterday that his country is ready to make any "sacrifice" to expel Soviet invasion forces from Afghanistan. "The Soviet invasion of Afghanistan cannot be justified by any account," he said in his policy speech at the Diet (parliament)
      AFP  -  451 words
    • 304 3 SOUTH Korea has its political troubles, but the US Agency for International Development (AID) says that economically it is "a living example that nowhere are people doomed to lives of ignorance, disease and poverty". AID announced that in September year, its mission
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    • 341 3 AFP ANTICIPATING a severe rice shortage this year, Indonesia plans to import a total of 2.7 million tons to overcome a possible food crisis. Imported rice this year would be 600,000 tons more than last year's, acting Trade Minister Brig Gen Bustanil Arifin said
      AFP  -  341 words
    • 209 3 AFP AUSTRALIAN Minister for Commerce and Industry Philip Lynch had discussions with Indian Minister for Civil Aviation and Tourism J B Patnaik in New Delhi on Thursday. During the talks, Mr Patnaik suggested that air fares between Australia and India should be reduced. He
      AFP  -  209 words
    • THE REGION IN BRIEF
      • 511 3 Agencies A CHINESE newspaper said China should develop its nuclear technology to make more and better bombs, apparently including neutron bombs. The China Youth News made the call at the end of a discussion of missiles and atomic and hydrogen bombs, and the newest nuclear weapon, the neutron
        Agencies  -  511 words
  • Page 3 Advertisements
    • 379 3 A perfect way to say "I love you' without a single word. ,-<r f 1 The Lover's Key Pendant Shown Actual Sire A limited edition pendant in solid sterling silver, set with a full-cut ruby. Just $98. It is a time-honoured token of true love—full of special meaning for poets
      379 words

  • RAW MATERIALS
    • 568 4 THE NEW method which a Malaysian geochemist had devised to estimate the presence of tantalum in "amang" (residues from tin mining operations) has been found to be reliable and popular. The method, which involves the use of an X-ray spectrograph instead of the conventional wet
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    • 341 4 THE MARKET leapt a spectacular 37 cents this week in hectic and erratic trading with high turnover, to record a post-Korean War high of 373 cents per kilo for current 1 RSS before a reaction set in, says H»Uday, Cutler, Balk A Company in its review for the
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    • 171 4 MEXICO, the world's biggest silver producer, imposed a ban on all trading of silver mining stocks on Thursday in preparation for an export tax that some industry sources said could go as high as 40 per cent. The tax would cut into the windfall profits
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    • 277 4 THE SINGAPORE market closed lower yesterday with February One RSS buyers quoted at 346.00 cents per kilo, down six cents from Thursday's close, dealers said. Morning prices were marked down about eight cents on speculative selling, stale bull releases and lower London advices, they said. Afternoon prices gained some
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    • 320 4 R.A.S. prices In cents per kilo yesterday: Noon (per kilo) Buyers Sellers Int. 1 R.S.S. prompt (.o.b. 344.00 346 OON Int. 1 R.S.S. February 346.00 348.00 Int. 1 R.S.S. March 354 00 355.00 Int. 2 R.S.S. 326.00 327 OON UK/Coot 325.00 326.OON Int 3 R.S.S. 323 00 324
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    • 113 4 NOON SSR and SMR 1 RA8 SSR 20 SSR SO (1-toa (1-tor i pallet) i pallet) Ftbrura (Current Mtkl Buyer* Seller! 300. SO 308 SON 303.SO 306 SON Merck (Forward Mtk) Bayer* Seller* 306. SO 310J0N 306.10 307 80N MRELB SMR cv SMR L SMR S SMR
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    • 111 4 CBT soybean futures closed 9V« to B'/« cents a bushel lower on Thursday. Lacklustre export interest and farmer selling overnight put pressure on bean prices, traders said. A lack of new developments in South-west Asia and lower gold values also contributed to the losses, they added. Locals liquidated long
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    • 97 4 CBT wheat futures closed 6 to 7Vi cents a busel lower on Thursday. Commission house selling drove prices lower in the afternoon while professionals were on both sides of trade, sources said. Farmer selling overnight and hedging weighed on wheat prices, traders said. Additional pressure stemmed from a lack
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    • 100 4 THE EXECUTIVE board of the International Coffee Organisation was told on Thursday more coffee was exported than was actually drunk during 1979. Conference sources said a report from the ICO's statistical division showed that In 1979 around 62.15 million bags of green coffee were exported to
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    • 85 4 THE Straits tin price In Penang eased another Msl2 per picol to $2,181 yesterday, $239 above the International Tin Agreement celling, dealers said. The continued easiness reflected the metal's weakness on the London Metal Exchange on Thursday and a slightly larger contribution of tin concentrates from miners. Turnover
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    • 38 4 Rubber Jan 25 Singapore: February: 346.00 cents (down 6.00 cents) Malaysia: February: 353.00 cents (down 7.00 cents) Tin: M«2,180 (down $12) (equivalent to $36.05 per kilo) (down 19 cents) Official offering: 172Vi tonnes (up 25 tonnes)
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    • 323 4 SINGAPORE: Yesterday's closing prices in SI 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.
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    • 126 4 PRICES in Kuala Lumpur finished higher yesterday on a continued shortage of fresh fruit bunches, trade sources said. Trading was quiet and Pakistan rejected all offers, they added. In the northern region, the February position rose Mss to 11,125 per tonne, while it was unchanged at $1,120 in
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    • 157 4 CHINESE PrHiee Exekaage, Slagapare, ciMiag prices per plcal yesterday: Ceeeait ail: Bulk $102 sellers. old drum $106 sellers, new drum $112 sellers. Capra: Mixed (loose) UK/ Cont $62.00 buyers. Pepper: Muntok ASTA white fob 100% NLW $***** sellers, Sarawak white fob 96% NLW $325.00 sellers, Sarawak special black
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    • 192 4 YARN and cotton prices were quoted as follows In Hongkong yesterday: (In HK dollars, spot ex-go-down) Cettsa yam: China Blue Phoenix 20s 2,310; 32s 2,880, 40s 3,040 (per bale of 400 lbs). Ptoee gMds: China Butterfly and Globe brand unq; Dragon Head unq; Five Lambs unq; Flower and Butterfly
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    • 965 4 COFFEE: Robusta futures closed the morning steady £10 to £1 per tonne higher from Thursday in sales of 1,710 lots including 104 options and around 220 lots of cross trades. Dealers said producer group support and local dealer selling in a market that reflected bearish fundamentals and with
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  • ASIAN STOCKS
    • 658 4 TOKYO Source: DBS-Daiwa INVESTING in the current volatile Tokyo stock market is like riding a roller coaster. Prices change so rapidly (Y5O in an hour) that investors must alter their buying and selling points. The best example of this was Dowa Mining's price yesterday. The low was Y839
      Source: DBS-Daiwa  -  658 words
    • 301 4 OVERSEAS demand for Australian resource stocks following Wednesday's major price correction pushed key market indicators to record highs yesterday. The All-ordinaries recovered the last of ground lost during the technical reaction to close two points above the previous record high at 840.10 points, a move of 14.14 points on
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    • 358 4 Source: SHK Sec A TREMENDOUS surge of buying from the opening bell lifted shares to even higher levels yesterday with New World the star attraction. Following its 40-cent rise yesterday, New World gained another 70 cents to $5.15 as rumours spread that a bid is soon to be made
      Source: SHK Sec  -  358 words
    • 134 4 THE market closed mixed yesterday with oils firm while commercials, industrials and minings lost ground, dealers said. Turnover declined to 19.7 million pesos from Thursday's 19.9 million. JAN 2S Pesos Acoje Mining 0064 unch Alias Con. A ♦4 5^' Alias Con B. 2.75 Baguio Gold 0082 unch Benguel Con
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    • 225 4 JAN 25 Bah is Asia Credit 162 unch Asia F ibre m 142 1 Ayuthaya In\ And Trust 116 unch Bangkok Investment Bangkok Bank Z 300 unch Bangkok Drying Ana Silo Bangkok Insurance 3 Bangkok MetroPol itan Ban 440 -4 Bangkok Nylon Bank Of Asia Bank Of Ayudhaya Ltd
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    • 51 4 FINANCIAL TIME8 INDUSTRIALS Thursday »,448.7 Wednesday 450.8 Week ago 450.8 DOW JONE8 AVERAGE INDUSTRIALS Thursday 878.94 Wednesday 877.58 Week ago 883.57 H.K.HANG SENG Friday...... 820.01 Thursday 901.27 Week ago 854.87 SYDNEY INDUSTRIALS Friday «18-34 Thursday 812.73 Week ago 611.07 ALL ORDINARIE8 Friday 840.10 Thursday 825.95 Week ago 823
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  • Page 4 Advertisements
    • 155 4 opportun \A *uvi w bring together the most sophisticated audio-visual, hi-fi equipment and related services available. This will be an excellent opportunity for manufacturers and suppliers to demonstrate their highly-advanced equipment. Auvi '80, to be held at the World Trade Centre from 2-6 July 1980, will be widely promoted throughout
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  • OVERSEAS
    • 675 5 ARRIVALS 'Service Local Operator Number Time From GIA GA908 1100 MES SIA SQ240 1125 MES THAI TG423 1125 BKK PAL PR501 1135 MNL SIA SQ65 1155 MNL RBA BI423 1200 BWN GIA GA982 1230 HLP KLM KL837 1230 AMSFRA SIA SQ201 1245 HLP MAS MH684 1255 KCH
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    • 391 5 AP PRESIDENT Carter's chief inflation adviser said on Thursday the higher US defence spending required to counter Soviet actions around the world could aggravate both inflation and interest rates in the US. Asserting that he sees no relief ahead for US shoppers, Mr Alfred
      AP  -  391 words
    • 180 5 Reuter, UPI THE US Congress on Thursday, opened the way to a new trade relationship with Qlina in swift votes that reflected the damage to USSoviet detente caused by Soviet intervention in Afghanistan. Votes in both the House of Representatives and the Senate
      Reuter,; UPI  -  180 words
    • 266 5 AFP. THE WORLD Baak ku decided to lend ever I SON mllllea every year for small Industry development la order to help promote greater employment prospects, the bank's representative, Mr S M Tolbert, announced at the United Nations Industrial Development Orgaalnatlon (L'nldo) conference
      AFP.  -  266 words
    • 461 5 UPI BRITAIN has swung its support behind President Carter's State of the Union warning to Moscow by announcing a tough package of anti-Soviet economic and political measures and plans to improve the penetration of Britain's nuclear deterrent to Soviet targets. The government unveiled details of a
      UPI  -  461 words
    • WORLD IN BRIEF
      • 475 5 Agencies. EGYPT and Israel agreed on Thursday to open a single land "outlet" for traffic between the two countries and to establish policing guidelines for an interim buffer zone separating them in the Sinai desert. The agreement came less than 24 hours before Israel was scheduled to return
        Agencies.  -  475 words
    • 157 5 Reuter. The International Metalworkers' Federation, saying that British steelworkers are paid "coolie wages", on Thursday reaffirmed its support of the workers in their strike against the stateowned British Steel Corporation (BSC). The Geneva-based federation representing steelworker unions in 13 European countries, the US and Japan,
      Reuter.  -  157 words
  • Page 5 Advertisements
    • 143 5 Leader ...Page f Mine Times Heritage Collection 'i ■nwvEß^sssm ■COPIES HAVE BEEN SOLD Cr SINCE THE FIRST 2 TITLES II S The Golden Carp i»t rrt? The Princess' Veil T The Drum That Shook Heaven m- 4 S\ 111 /?> asp /A >\ H Se A y>S! m 3 o
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  • 399 6 IT IS well worth noting that the proposed grouping of data processing executives is to be an association of professionals and not a professional association. The phrasing is no mere exercise in semantics. The former means a free association of like-minded people brought together by their interest
    399 words
  • 311 6 THE world cannot, indeed, continue to live in isolated compartments of the haves and the have-nots, as the Indian delegate to the United Nations Industrial Development Organisation conference has so rightly pointed out. But this is a sentiment which has been repeated at countless international
    311 words
  • 1061 6  -  By LINDA TAN "PARLOUR", according to the dictionary, is simply a room where customers are received. But "parlour" to Swensen's has been turned into a highly successful marketing concept that has spawned 200 outlets in i the United States, and an ambition to open 10
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  • 242 6 SIX months before the appearance of Swensen's, Happy Kappy was set up with less fanfare and now enjoys "good business". Happy Kappy, opened in November '78 at Bukit Timah Plaza, is the brainchild of Miss Wong Kah Poh, who has created the ice-cream menu around the adventures of
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  • Page 6 Advertisements
    • 163 6 CARLOS CASTANEOA 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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    • 26 6 BETA •Science-Fiction •Comedy •Drama Films •Cartoons •Rock-Disco-Concerts *SportSi •Learning Self Development Etc i* PRE-RECORDED VIDEO CASSETTES IN COLOUR FROM U.S.A. EUROPE Full titles hat from HI-DEFINITION
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  • Page 6 Miscellaneous
    • 1361 6 Emotions at midnight IT «nM be better Idea to stay heme to watch TV thaa tftce the criwdi la tows. May'i altera—a matlaee, Lftwmaa fltktat A Gu, to baaed ea tbe life story of Thomas E Gilmere, the first black to be elected eauty sherrlff to the American Baatb. Stan
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  • 925 7  -  A non-drinker need no longer feel that he is the odd man out at social functions. Two British breweries have launched beverages that look and taste like wine or beer. CONAL GREGORY reports on the growing popularity of these drinks. CONAL GREGORY NON-ALCOHOLIC
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  • 800 7  -  FOBUM With LEONARD SILK NYT THE American economy confounded the majority of economic forecasters in 1979 by refusing to slide into the most widely advertised recession in history. The latest Commerce Department estimate of Gross National Product shows that the nation's
    NYT  -  800 words
  • Page 7 Advertisements
    • 312 7 m #NI Ji ;vy. THE STRAITS TIMES BILINGUAL RVGE Ml IN BOOK FORM 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
      312 words
  • Page 7 Miscellaneous

  • INTERNATIONAL STOCKS
    • EUROPEAN MARKETS
      • 291 8 JAN 24 Krs rORBKlLLE Air-l iijuide 500 7 B S N Gervais lhinone 1030 79 C S K i Thomson CM i 571 26 Cie Krancabe des Pet roles 260 8 5 Coinpagnie Kmancirrp Compagnie (irneral? 340 5 Credit Koncier l> France 448 6 Hachette (Librume > 234 50
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      • 92 8 JAN 24 Krs FORWARD MARKKT Arn 322 -8 Arbed 2440 30 A»lur 584 -4 Brasran 616 10 Bru-Lamb 1870 10 C'anpac 1056 34 Cork 338 -7 l* Beers Ebes 2220 unch Electrobel 6000 -50 Gb-Inno-Bm 2395 -5 Gev 818 •14 Hobok 3080 20 Petro 5660 unch Ryl Dutch 2255
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      • 229 8 JAN 24 Dm Aeg-Telef»nkeri 4290 2-9 Akzo 20 90 -01 Alii Leben 8MU0U 10 Allz Vers 374 00 unch BASK 138 30 1.6 Bay H T Wbank 231 10 Bay Vbai.k 267 00 6 Bayer 123 50 26 BBC 291 00 3 BMW 155 OOB Cassella 310 HUB unch
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      • 232 8 JAN 24 ITs ABN 28V AW 05 Atmld 8J 50 0 3 Akzo '23 00 -02 AMKV 100 00 1 Am(a> 117 54) uruh Anno Bank 61 50 umh Hcr|ou 41 50 0 4 Bwi 92 00 umh Mi 60 0l> -0 5 B»»rsuinij ***** 32 Burhmann 57 00
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      • 191 8 JAN 24 Krancs Actions Suisses 291 1 Alusuisse Br 1240 -20 Alusuisse Reg 480 unrh Brown Boveri Br 1780 unrh Ciba Gtliy Br 1220 5 Clba Gelgy P C 045 -5 Clba Gelgy Reg 680 1 Credit Suisse Br 2375 IS Credit Suisse Reg 437 2 Elektrowatt Br 2190
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      • 103 8 JAN 24 Lire Anic 950 unch Assoc Gen ***** -20 Basiogi 764 -9.5 Oniriile 8360 110 Fiat 19M -36 F insider 92 50 *2 25 (it*n Immob 6925 unch IH Pri 2466 -44 ltalrrmenti ***** -90 Italga* 810 4 ttaMff 250 14 Magnfti M Pf 596 8 Marelli Err
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      • 1272 8 NEW YORK FUELLED by powerful institutional demand, the stock market on Thursday pushed broadly higher in very heavy trading before some late profit-taking moderated the advance. The gain was led by the oils, which have been reporting huge profits for 1979, and the defence group, which is expected
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      • 204 8 JAN 24 CS Abitibi 21'. Alcan 65 unch Algoma 36 Bank Mont 26 Bank Nova Scotia 24 Bell Tel Beth Corp BP Can Ltd 36 Brascan 24 Camp Red Lake 34 1 Can Imp Bk n Canpac 42 Canpac Inv Pf Carhng O Keefe 7'* Cominro 54 l'i Cons
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      • 316 9 JAN 24 Rand INDISTRIALS A Alpha 260 Ahrrrom 290 AE And i*| AM «C 2000 a»rlo«< Kft C« Sugar )030 CM A Curnc Kinancr 138 IV B«*r< Ind 2040B Kdron m ***** Eveready rd Volk 420 *u«it 165 Oardiun (iifnanl Orjtrmn 7« Hippo HlVPld 4/*. HuVtu I.iherty LMMtM
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  • Page 8 Advertisements
    • 245 8 Where to wine, dine and entertain w VC r v Package Cost a o»rt I 1 rwght> S<ngie Occupancy SSB7 00 T«wn Occupancy SSIIO 00 T npte Occupancy SHOOD (Ma* no per chalet) Children under 12 years xompanied Dy parents S»l5 X Note All accommodation mcttateis Weekday Package includes Accommodation
      245 words
    • 141 8 t*. JAPANESE RESTAURANT For sushi. For teppanyaki. For other authentically Japanese delights. Open daily: 12 noon 3p.m. 6 30p.m. 10.30p m. For reservations call *****77 A I*ni*k SImtiiIIMI Hiii££ii|M»!■«' SHERATON HOTELS AND INNS WORLDWIDE NASSIM HILL SINGAPORE lO.'b Tei TM «>// Ope-ated by ANA HOTELS INTERNATIONAL es *7* mm HUGO'S
      141 words
    • 168 8 See Page 4 for Asian stocks See Page 9 for Jo'burg' prices Savour our Chef Rene's masterpieces of European Cuisine. The re go tri Cockpit liolfl Call Josephine for reservations *****75 or *****11 x 107 4* I 1* 4 Merlin's New Tavern Bar It's totally new. Painstakingly furnished to create
      168 words
    • 179 8 LUNCH AT HUN'S Savour the true flavours of Singapore in cool, exotic, tropical surroundings at the newlook Hin's Heavenly Cookhouse Choose from a whole variety of local foods like Murtaoak. Steam-ooat. Malay Curries. Noodles. Smoked Duck and Suckling Pig. Satay. Chilli Crabs Exceptional Cantonese menu Oy celeDrated Hong Kong trained
      179 words
    • 84 8 a A reputation for fine Cantonese food. Forturva Restaurant offers one of*he 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
    • 245 9 Reuter. THE JAPANESE Finance Ministry said it has revised its national bond flotation programme for fiscal 1979 ending in March in view of an increase in tax revenue beyond the original estimate. The new programme to be presented to the Diet (parliament) for approval,
      Reuter.  -  245 words
    • 61 9 Reuter. BANK of Japan governor Haruo Maekawa ruled out an increase in the banks's official discount rate, currently at 6.25 per cent. He said the bank has no plans for new monetary measures such as raising the discount rate. The rate was raised from 3.50 per
      Reuter.  -  61 words
    • 817 9 THE UNITED Arab Emirates has this week seen its first two issues of certificates of deposit (CDs). Their appearance reflects the desire of the UAE Currency Board to promote the growth of a domestic money market offering home grown instruments for short-term investors. A
      817 words
    • 470 9 THE ANZ Banking group has announced a final dividend of 12 Australian cents a share, amounting to A 516.5 million, for the year to Sep 30, 1979. It is payable on Jan 31 to shareholders registered on Jan 9. ANZ's 1978/79 profit exceeded AJIBO million
      470 words
    • MONEY AND EXCHANGE$
      • 411 9 YESTERDAY'S foreign exchange market continued along the previous day's relatively steady tone, with the US dollar easing slightly against the yen and other major currencies. Opening at 239.50/60 yen, the dollar moved down to 238.80/ 00 in later trading before closing a notch lower at 238.00/20. No particular
        411 words
      • 56 9 RESULTS of tender held on Jan 25 for 91-day Treasury bills to be issued from Jan 28 to Jan 30, and on Feb 1. Offered: $50,000,000 Applied for: $92,750,000 Allotted: $50,000,000 Accepted bids: $98.31 approximately 55 per cent; higher bids in full. Avenge rate of discount on
        56 words
      • 163 9 THE U.S. dollar opened steady yesterday against major currencies In dull early gading, dealers said. It was quoted at 1.7297/ 7307 marks, unchanged from Thursday's close, and at 1.6060/60 Swiss francs, almost unchanged from its previous 1.6065/70. Sterling shared in the general stability, after opening at (2.2805/15 against Thursday's
        163 words
      • 120 9 THE U.S. dollar for overnight delivery closed at 239.25 yen in quiet trading yesterday, compared with a 239.80 opening and 238.35 at Thursday's close, dealers said. Trading volume was US$725 million. The dollar rose to a high of 240.00 yen soon after a firm start, reflecting its overnight strength
        120 words
      • 22 9 THE average rate at which major Singapore banks are currently prepared to lend to their best customers is 10.25 per cent.
        22 words
      • 155 9 ASIAN RATES ASIAN currency deposit interbank rates as at close on Jan 25: US D«llara<8pot) Offer Bid 7 days 1 month 2 months 3 months 6 months 9 months 12 months 14 H 15 3/16 14 Vi 14H 14H 14 5/10 14 1/18 14 151/16 14H 14 Vi 14 W
        155 words
      • 48 9 RANGE ot prices offered by di»count houses on Jan 25: Overnight: 3 6 1 Cf Call deposits 6 to 6'. Cloiiag Buying Selling 3-month Treasury bills 6'. 6*1 3 month Bank bills 10'» 10 3 months CD 1013/*****1/16 6 months CD 10't 10'> Source: National Discount Co
        48 words
      • 37 9 FRANKFURT exchanges opening quotes yesterday: US 1.7304 12 Stg 3.940 944 Can 1.4933 51 Dfl 90.53 63 Sfr 107.69 85 Lit 2.143 6 Ffr 42.66/71 Nkr 35.38/42 Bfr con 6.151/8 Bfr fin 5.995/6.005 Yen 0.7232 43
        37 words
      • 318 9 GOLD futures In Singapore yesterday rose in late trading on some weekend position squaring, but prices closed easier on balance compared with Thursday night's close, dealers said. Trading was thin throughout the day and turnover was reported at 150 lots while turnover for kerbs was 64 lots. April closed
        318 words
      • 210 9 THE YEN firmed to a late 239.00/10 to the US dollar In quiet end-week trading on news Japan's overall balance of payments deficit narrowed sharply in December to US$520 million from a revised $1.56 billion in November, dealers said. The yen at one stage touched 238.90/239.00 to the dollar
        210 words
    • 138 9 THE Insurance Corporation of Singapore (ICS) on Thursday presented a $4-million cheque to BBC Brown Boveri (SEA) as a stage settlement for losses sustained by BBC in last year's Port of Singapore Authority fire. The settlement represents one of the biggest claims made on the
      138 words
    • 233 9 Reuter A CONGRESSIONAL stalemate over the annual foreign aid spending bill has blocked World Bank grants of about US$4OO million in development loans to some of the world's poorest nations, US officials said recently. The six potential recipients include Pakistan and Kenya, which the
      Reuter  -  233 words
    • 175 9 A LEADING foreign bank in Malaysia has affirmed its commitment to meet or even improve on the priority sector guidelines stipulated by Bank Negara. This follows announcements by some other banks since last week of a cut in the interest rates they charge on loans
      175 words
    • 133 9 BORROWING on international capital markets rose strongly In December largely reflecting a rise in international bank loans, according to figures released by the Organisation for Economic Cooperation and Development (OECD). Its monthly financial statistics supplement shows total borrowing rose to U559.35 billion, equivalent in December
      133 words
    • 95 9 Reuter THE Chinese Gold and Silver Exchange Society in Hongkong said it raised the carry-over margin deposit for gold to HK$l4O,OOO per lot of 100 taels from $100,000 with effect from Jan 23. It also raised to $1,400 a tael from $1,000 the limit by
      Reuter  -  95 words
    • 531 9 AP. AFP DR Jawad Hashim, head of the multi-million dollar Arab Monetary Fund (AMF) called for international guarantees on Thursday against the freezing of Arab funds deposited in foreign countries. International financial stability has suffered a severe blow as a result of
      AP.; AFP  -  531 words
    • 266 9 Reuter, AFP NEGOTIATIONS for the Bank of Thailand to obtain a syndicated loan of US$2OO million from foreign banks have been finalised and a contract is expected to be signed next month, a source from the central bank said recently. The loan, led by the American
      Reuter,; AFP  -  266 words
  • Page 9 Advertisements
    • 85 9 iiiiii itmsMMms <fAct/ima/u of &ii/ljKa/l fjfta/ayAM /<&eiAa{/ (Incorporated m Malaysia) ANNOUNCEMENT II The Board of Directors announce the following results of the group's operations for the first half-yefcr to 31st December, 1979. Group Turnover Net Group Profit (unaudited) July/Dec July/Dec 1979 1978 $'000s 165,405 9,386 S'OOOs 114,224 5,871 Profits improved
      85 words

  • 1838 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 Acma (2.578 2.505)
    1,838 words
  • 163 10 SINGAPORE UNIT TRUST INCOME BOND UNIT (Maaagers* prim i far Jaa (Curat prt t*B> The Commerce 2 36 2.51 Income Bond 119 1.26 The Saving Fund 1.S2 1.61 S pore Prog Fund S pore Sec. Fund 105 111 1.84 1.96 MAKA Bl MIPITRA S pore lnve*t Fund 1
    163 words
  • 2797 10 Gr'» Gr'» 1979 80 Company Last Div Div Y'ld Net Vol Div High Low Sale or- C'vr P/E COOO) High Low SECTION ONE INDUSTRIAL COMMERCIAL 261 207 Acma 260 5 15.0 2.2 5.7 13.3 4 260 255 223 123* Alcorn 223 10.0 1J 4.4 29.7 148 110
    2,797 words
  • 1934 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. INDUSTRIALS Arm* (2.458) Alcem (2.138 2.185) (2) 3 40 Alex Bald (1
    1,934 words
  • 730 10 SHARE prices hennced back to the year's highest levels la a vigorous haying sport at the Stock Exchange of Singapore yesterday. Sentiment was mere liberal than In the past few days, follewlag the weakness in geld. At tke galleries, there was higher activity
    730 words
  • 642 10 STRONG buying interest boosted prices sharply higher in hectic trading on the Kuala Lumpur stock market yesterday. The blue chips and better class stocks, traditional market favourities, spearheaded the rally and finished with significant gains. The volatile lower-liners, which have been in the limelight, were
    642 words

  • COMPANY NEWS
    • 577 11 THE performance of Goodyear Malaysia Berhad in the domestic and international markets illuminates the vital importance of "compatibility of objectives" in ensuring the success of a joint venture Involving foreign and local partners. A working partnership based on this principle and characterised by mutual
      577 words
    • 259 11 Date Last Full Year Company Period Announced Net EPS Gross Pre-tax last year (cents) Div. Profit <%) <$1") BATS I 1/12 5.1 17.0 3,983 M'wata Steel I 22/12 12.4 10.0TE 14,803 Perlis Plant F 12/1 19.1 27.5 27,068 Folex Ind F 18/1 2.7 0.0 858. N B Timbers
      259 words
    • 309 11 Current Ex Booka Date Total for Total for Payment Date Cloae Payable the year Previous year Oriental Hldgs 6% I Dec 31 Jan 11 Jan 26 6% 5.8% Pahang Cona 2.5%(b) Dec 5 Dec 15 Jan 26 2.5% 2.5% K Kampar 20% I Dec 31 Jan 11 Jan
      309 words
    • 107 11 Company Particulars Ex Date Booka Close M Breweries Lingui Temerloh Sentosa T Te*t M U lad Bonus Issue of 1 for 2 Bonus Issue of 5 for 3 Bonus Issue of 1 for 1 Bonus Issue of 1 for 3 Bonus Issue of 1 for 4 Rights Issue
      107 words
    • 588 11  -  By KOH TSE YING THE DEBT burden on Bo vis South-east Asia should be considerably lighter now, following settlement of the company's long standing claim against the Government with a sum of $12.5 million agreed upon.. The subject of arbitration since 1976, the claim was
      588 words
    • 152 11 EARNINGS at Glenealy Plantations (Malaya), an investment holding company deriving income mainly from share stakes in quoted Malaysian plantation companies, have improved significantly at half-time. Unaudited pre-tax profit for the first half-year ended Dec 31 rose by 59 per cent to M 5209,899 on a 24
      152 words
    • 194 11 MALAYAN Banking has launched a two-month long courtesy campaign for its staff. In a letter to all bank staff, chairman Tan Sri Datuk Talb Haji Andak said the objective of the campaign Is to Instil among the staff at all levels that courtesy is of utmost
      194 words
    • 222 11 INDUSTRIAL and Commercial Bank said that as at the end of the fourth quarter of 1979, 0.16 per cent of its issued share capital was beneficially owned or cantrolled by foreign persons. United Oversea* Insurance and United Overseas Finance said that as at the end of the fourth
      222 words
    • 702 11 «aaa mm™ by HOCK LOCK SIEW WHILE investors and speculators are busily scrambling to get on the fast moving bandwagon of the bulls, they seem to have paid scant attention to evenft at Tongkah Harbour Tin Dredging which could' also have Important implications on other Malaysian companies seeking
      by HOCK LOCK SIEW  -  702 words
  • Page 11 Advertisements
    • 74 11 Businessmen, your inroad to the Singapore Finance IrrUßCommunity. <T%ITV i -4 -Asfifavf* VC*° P \g°^ A TIMES DIRECTORIES PUBLICATION o* 4 V>e<* 0 For enquiries please telephone O x W rA C^ ar *****11(3 lines) y^ c Ss& > Robinson's Bookshop Basement, Clifford Centre, Collyer Quay. Tel: *****.-®" TimesOrchardCentre Robinson's
      74 words

  • 447 12 AFP THE PROPOSED KL Commodities Exchange (KLCE) is expected to start trading in palm oil futures contracts in June this year, Primary Industries Minister Datuk Paul Leong said yesterday. He said that the necessary legislation for setting up the Exchange which was tabled
    AFP  -  447 words
  • 191 12 PENANG Chief Minister Lim Chong Eu said yesterday that his state would welcome more direct and joint-venture investments from Singapore. Dr Lim, who was here on a five-day visit described his talks with Prime Minister Lee Kuan Yew and Minister for National Development Teh Cheang
    191 words
  • 411 12 SINGAPORE will process about 7 per cent of Malaysia's annual crude oil production under an agreement between the Singapore Petroleum Company (SPC) and Petronas, the national oil company of Malaysia. There are plans by Petronas to continue using refinery facilities here even after
    411 words
  • 339 12 UPI FRENCH President Valery Giscard d'Estaing flew into New Delhi yesterday to a 19-gun salute ceremony attended by India's Prime Minister, President and other officials to discuss the Soviet invasion of Afghanistan and economic ties. The French President stepped off his special DCS Jet from
    UPI  -  339 words
  • 761 12 LONDON, Fri. The market closed mixed in moderate trading today. At 3 p.m.. the Financial Times index was up three points at 451.7. Government bonds ended as much as half a point down on balance, on renewed selling in an overnight market but equities met smali support following
    761 words
  • 97 12 THE POSTAL Services Department will be introducing the "speedpost" service to Brazil from Feb 1 on a reciprocal basis. The "speedpost" service is an international all-ex-press mail service providing door-to-door collection and delivery of postal packages and especially caters to business organisations. Letters, business and
    97 words
  • 263 12 Reuter. AFRICAN delegates said on Thursday they would seek a Security Council meeting on alleged British violations of the Lancaster House Rhodesia peace agreement and continued presence of South African troops in the territory. A formal request would be made within the next few days
    Reuter.  -  263 words
  • 139 12 AFP THE inaugural session of the special conference of Islamic foreign ministers, scheduled to open in Islamabad today will probably be postponed until tomorrow, officials said. The Iranian Charge d'Affaires in Islamabad, Mr Ganji Doost, made a request for the postponement to Islamic conference
    AFP  -  139 words
  • 102 12 AP INDONESIA will go ahead with its nuclear energy power plant despite worldwide fears of pollution because nuclear energy is the only alternative to meet increasing powers need, Mining Minister Subroto said yesterday. He said by the year 2000, Indonesia will need 26,000 megawatts of
    AP  -  102 words
  • 337 12 AFP THE Chinese trade unions newspaper yesterday strongly protested against the "abuse" of production bonuses for workers since they were restored two years ago in China and called for a serious review of the system. The Workers' Daily said that part of some
    AFP  -  337 words
  • 418 12 Reuter. THE EXECUTIVE Director of the Paris-based International Energy Agency said on Thursday he believes there is a good chance oil prices will stabilise in the first half of 1960 and that supplies will also improve. Mr Ulf Lantzke, however, warned that his
    Reuter.  -  418 words
  • Page 12 Advertisements
    • 191 12 Kashan Medallion Carpet Double Knotted Size: 7' 4' 6". Origin: Pakistan Isfahan Medallion Carpet Double Knotted Size: 6* 6" 4* 6". Origin: Pakistan Kashan Tree of Life Double Knotted Site: 7' x 4' 6". Origin: Pakistan 1980 SPECTACULAR Kashan Picture Carpet Double Knotted Size: T 6" x 4' 6". Origin:
      191 words
  • Page 12 Miscellaneous
    • 59 12 Outlook for Singapore from 6 a.m. to 1 p.m. today: Generally fair. Report (or 24 hours prior to 7.31 p.m. on Jan 25 at the airport. Maximum temperature 31.0 Associated humidity 65 Minimum temperature 21.7 Associated humidity 96 Hours of sunshine 6.95 Rainfall in millimetres 1.3 Total rainfall for the
      59 words

  • LEISURE TIMES
    • 384 13 EXECUTIVE FASHIOH THIS newspaper hasn't forgotten the fashionable executive. The notion that executives must wear only sombre colours, conservative and dull-looking outfits to look respectable and business-like doesn't hold true anymore. Surely the enlightened now does not judge a book by its covers. There's
      Photos: Albert Sim  -  384 words
    • Article, Illustration
      1153 14 MOTOBIMfI withTlermes WITH $61,600 in hand, it won't buy you a second-hand Cessna or Cherokee Piper, in which you can take to the skies and soar free like the bird. But with that tidy little sum, you can acquire the latest Datsun 280E Brougham, whereby the interior appointments
      1,153 words
    • 388 14 KBR. IT IS 30 years and more since I first fell in love with the works of William Shakespeare, an affair that has endured some execrable performances by school groups, amateurs and second grade repertory companies. I have watched the master's works, performed,
      KBR.  -  388 words
    • 826 14  -  PAUL GRIMES "OF ALL the hazards at sea," says John Reurs, chairman of the US trade organisation known as the International Committee of Passenger Lines, "fire is the most classically feared. So it gets the closest attention." "How safe are today's liners?" The question was prompted by
      826 words
    • 691 14  -  DESTINATION SUSAN ANDERSON WHERE to go for excitement if you're weary of places like Maxims and Regines? Parisians are turning to nightclubs and restaurants in untraditional settings a public bath, for instance, or a wrestling arena, or a Gothic chapel. The latest of these is Club
      691 words
    • 325 14  -  VIOLET CHOW BROADWAY music is being revived at the Tiara Supperclub by three well-groomed American girls. "We simply adore doing songs from the 40s'," they said. The Walsh Sisters, born in Montreal, Canada, have lots of 'New York' in their voices, where they reside and perform. Two
      325 words
    • 550 15  -  By LINDA NEO THE PRETTY receptionist presses a button; the steel bars slide open to admit you, and shuts firmly again, as you step into a beautifully lit showroom displaying a dazzling array of diamonds, rubies, saphires and emeralds, sitting grandly in their 18-karat
      550 words
    • 982 15  -  By ANATOLE BROYARD I'M SANDWICHED in silence. My father was not a talker and neither is my son. Talking seems to be going out of style and this worries me, because I'm used to it. My generation talked all the time. We thought we would
      982 words
    • 376 15  -  LINDA NEO THE IDEA of shopping in a hotel has always sent shivers down my spine. The image conjured up is always a mish-mash of tourist traps selling curios, handicrafts and 24hour suits at exorbitant prices. But hotels are moving upwards, towards shops with more sophistication
      376 words
    • 221 15 COLLECTING CHINA this year will issue many special stamps, among them a stamp to celebrate the oncoming lunar year of the Monkey, the New China News Agency (NCNA) said. The design of the monkey will be a reproduction of the painting of
      221 words
    • 126 15 WE HAVE Australian apples, Chinese apples and now French apples. Believing 'an apple a day does keep the doctor away' is one reason for the French Apple Costume Competition that will be held on Feb 9 by the French Trade Commission and UTA French Airlines.
      126 words
    • 1035 16  -  By RONALD KOW TONIGHT'S Malaysia Cup soccer match between Singapore and Negri Sembilan at the National Stadium (7.30pm) may be just another game in the series. But, look at it this way. It is one match nearer to the Pre-Olympics. While there is
      1,035 words
    • 766 16  -  SSC training scheme TABLE TENNIS BY CHARMAINE CHAN INAUGURATED in August 1978, the Kentucky Table Tennis Training Scheme enters its third year which officially lasts from March to September 1980. Messrs Kentucky Fried Chicken Private Limited will again donate approximately 122,000 to this year's
      766 words
    • 190 16 THE SOCCER PrMMymptoa Qa*ttfylag Round matches will be held (ram Feb 23 to March IS at the Natieaal Stadium. Season tickets or Individual match tickets an available tor sale tram Feb 7 and Feb 19 respectively. Purchasing centres tor the tickets are the Natl—«l Stadinm, Jalaa Besar Stadium
      190 words
    • 315 16 OKAY, so it is not that easy trying to master those two 1.4-metre long things they call "skis". Surely you're not thinking of giving up when you still haven't met the Jet Ski. If you have not had the pleasure of enjoying
      315 words
    • 227 16 IF YOU want to watch water sports this weekend, hop onto a boat and head for the Canoe Lagoon at Sentosa Island. The first 7-up Water Skiing Competition will be in progress from 2.30pm this afternoon and will resume at 9am the next morning. The
      227 words
    • 95 16 BRITISH Ryder Cup Professional Peter Dawson will be conducting a series of golf clinics at three clubs in Singapore from Jan 29 to Feb 2. Sponsored by British Airways and the Marco Polo Hotel, the programme is as follows:Jan 29 to Jan 31 at the
      95 words
  • Page 13 Advertisements
    • 46 13 Kodacolor 400 film. mdb Fantastic array of gadgets in Datsun's Brougham II It's like having dinner in one's shower ii All that glisters is not gold 11l Let temperatures rise, catch the soccer fever IV The Colonel gives away another $22,000 for table tennis trainees IV
      46 words
    • 213 13 Ask for Kodak /paper... tor a good laaL look, mi 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. Hp Ellellou, educated at McCarthy College in I VP VP
      213 words
  • Page 13 Miscellaneous
    • 832 13 WHAT WHERE RECITALS THE National Theatre Symphonic Band (NTSB) will present Symphonic Sounds VI tonight at 8.30pm at the Singapore Conference Hall. Tickets at $3, $2 and $1 are available at National Theatre. Presented by National Theatre Trust. The NTSB, founded in 1976, is under the management of the Cultural
      832 words

  • Page 14 Advertisements
    • 257 14 erf o\umo c roa\ JOU 73 ks\3° The \JPS>O< SEW 6 w/ i ;> <* i N 0 ;•'> C > 3£ <, M *e» V y Was Chairman Mao a secret communist? Is America in danger of going capitalist? Do airlines discriminate in favor of baggage? Are you suffering
      257 words

  • Page 15 Advertisements
    • 30 15 ANTIQUES FINE CHINESE ANTIQUES WORKS OF ART KWOK GALLERY Pte Ltd 101 103. FIPST FLOOR FAR EAST SHOPPING CENTRE ORCHARD ROAD TEL *****16 THREE GENERATIONS OF PROVEN DEPENDABILITY SINCE 1918
      30 words
    • 86 15 ""YOUR CHILDREN liK^StiHitsTiiiies COUfcOON -Jbkxm} Md Make courtesy out way <* Mle A'} J T T i'l i I If! •7 r twah TVK 5« > iv;/v mm 2000 to IIOOAD mmmmss f'*HastiSe^'cl $0.60 $4.60 MAH team umwjty BIBLE x a^NiK NORMAN vmiM P; A, BPi-V.". $19.15 4 Batman i~j
      86 words

  • Page 16 Advertisements
    • 290 16 979 Prime Mto£- a high' regard (or Sir <irnest Gkjwwrs' book, Th« Complete P|* lB Words, seems to have influenced Sin gap oSf«r the National Übrary. Since a Streita Times i£ Education Mfateter. highly recommended Jar Ernest's book, bookshop sales have noticeably shot up, and the number Minister English S
      290 words
  • Page 16 Miscellaneous
    • 333 16 YOUR WEEKEND DIARY GOLF: Teeing off this morning at Bam is a stableford strokeplay competition at the Sembawang Country Club which is likely to last the whole day. This afternoon, at Bukit Chermin, 28 golfers will be taking part in the Tangle Inn Cup which was laid off for the
      333 words