The Business Times, 2 February 1980

Total Pages: 16
1 16 The Business Times
  • 10 1 BUSINESS TIMES M.C.(P) No. llf/I/8# SATURDAY, FEBRUARY I,IIN 50 CENTS
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  • BRIEFLY...
    • 70 1 AP WASHINGTON, Fri. A large rise in worker layoffs pushed the unemployment rate in the United States to an 18-month high of 6.2 per cent in January, a signal that a long-expected recession may have arrived, the government reported. Adult men bore the brunt of the higher unemployment,
      AP  -  70 words
    • 61 1 AFP LONDON, Fri. A London forward market in petroleum products and petrochemicals is being considered by the London Commodity Exchange. It has set up a committee to study the idea over the next two or three months. The committee will examine what products should be negotiated, the
      AFP  -  61 words
    • 46 1 Reuter BANGKOK, Fri. Electricity costs for consumers in Thailand increased by over 38 per cent in Thailand today following a government announcement last night. A government spokesman said the increases were designed to encourage conservation and cut down on the luxurious use of electricity.
      Reuter  -  46 words
    • 40 1 Reuter Fri. The Philippine Central Bank has raised savings deposit interest from 7.5 per cent to 9.5 per cent a year. The bank also raised time deposits to a minimum, of 11 per cent per year. Reuter
      Reuter  -  40 words
    • 73 1 AFP TOKYO, Fri. Nippon Steel Corp of Japan plans to boost its steel price by about 10 per cent to cope with soaring oil and electricity bills, starting from April and May shipments, industry sources said. The sources said the world's biggest steel Sroducer is expected
      AFP  -  73 words
    • 62 1 Reuter U3NDON, Fri. West Germany and the United States are the foreign countries the British people most admire, according to an opinion poll published today. The poll, in the weekly news magazine Now, reported that 20 per cent of those questioned regarded West Germany as the most admirable
      Reuter  -  62 words
    • 59 1 AFP MANILA, Fn. Australia and the Philippines will hold their second round of trade talks starting Monday. Australian Secretary of Trade and Resources James Scully arrived tonight from Sydney to head Australia's delegation to the talks. Mr Scully said the meeting is expected to produce positive results because
      AFP  -  59 words
    • 65 1 AP, Reuter LONDON, Fri. The afternoon fixing of U*****.50 per ounce was up from the $675.00 at the morning fixing, and up from $653.00 at yesterday afternoon's fixing. In HONGKQNG, the international gold price closed at $675/681 an ounce, up from the New York close of $660/670, dealers
      AP,; Reuter  -  65 words
    • 72 1 AP NEW YORK, Fri. The stock market declined broadly this morning. The Dow Jones average of 30 industrials dropped 4.43 to 871.42 in the first half hour. Losers outnumbered gainers by more than a 2 to 1 margin in the early tally of New York Stock Exchange-listed issues.
      AP  -  72 words
  • 193 1 Rises Indices Sthn Malayan 1890 -f 200 B.T. Index: Jan 31 Feb 1 NUI 800 40 3752.20 3787.67 Island A Pen 550 40 Industrials: 469.81 474.39 Malakoff 488 36 Finance: 844.83 848.46 415.80 416.76 328.59 337.Se Strait* Trading P M Hldgs 9«1 Properties 915 400 780 30
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  • 626 1  -  GRANTS TOTALLING $250,000 By FOO CHOY PENG THREE companies have been selected by the Skills Development Council to be the first beneficiaries of the Skills Development Fund (SDF). They are Singapore Electronic and Engineering Ltd (SEEL), National Semiconductor (NS) and Singapore Foundry and Machinery (SFM).
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  • 300 1 PAN American Airways (Pan Am) is offering a US$l5O discount coupon to passengers who have purchased a return ticket originating in Singapore from the company. However, the offer which was launched yesterday will only be valid if and when pending government approvals are received.
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  • 937 1  -  By LEE YOKE MENG INDONESIA'S central bank has endorsed the Asean Banking Council's (ABC) proposal for a banker's acceptance market for the region. It will welcome all efforts to promote its use and establish a wellregulated market for it. At the same time, Indonesia is in
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  • 381 1  -  By RUTH CHENG ASEAN financial experts have predicted a rise in syndicated loans (or this year. This was revealed in a confidential poll conducted on Jan 30, at a one-day financial seminar hosted by Amex Bank the investment banking arm of American Express. Thirty-eight leading bankers from
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  • 248 1 JACK CMa-MPfl has nU IMS mllllea ef Hi aharee is E3TL IV& mtjm m MM* mar,WM carried eat threagh eae at Its nkHniw. share) aeeared htiw Jaa a aai SI. As a resalt at the sate, JCTk fcilttag la Maiayaa Credit Is warn redaced
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  • 485 1  -  By KOH TSE YING TIN-mining company, Fahang Consolidated, has proposed the takeover of an electronics firm for a total consideration of $1 million to be settled by the issue of new shares. Under the transaction, the entire 4.35 million $1 shares of Melen
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  • Page 1 Advertisements
    • 6 1 TheMMOUAEP3K> PPC does it al. f
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    • 251 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 513 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
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    • 33 1 I LEISURE TIMES US Steel plaas aeti-tompteg mevtag ap to nAPPig MALAYSIA Arm m we ef AirAIRCRAFT I, TV AND RADIO t. CROSSWORD t WHERE TO WINE AND DINE t, SHARE INFORMATION M
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    • 134 1 FOR PEOPLE WHO MATTER This unique publication offers businessmen each month a comprehensive guide to the latest developments taking place in all important sectors of the economies of x countries in East and Southeast Asia. The Bulletin is divided into six separate reports of about 8,000 words each. There is
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  • TRADE AND INDUSTRY
    • 275 2 SINGAPORE has a higher per capita paint consumption than such developed countries as Switzerland, the United Kingdom, Australia and the Netherlands. This was revealed in a survey of 21 major countries in Europe, Africa and the Asia-Pacific region. Figures from the United States and
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    • 132 2 UNITED Airlines, which claims to he the world's largest commercial carrier, has appointed Ken-Air as Its general sales agent in Singapore. The airline, which has Hjm employees and flies into 1M cities in the US, will fly to Tokyo from Seattle in the near future. The
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    • 166 2 CONSTRUCTION work on Chang! Airport's new $342,000 Meteorological Station, which started in November 1978, is now complete. The single-atorey building, with a total floor area of 200 square metres, is completely sound proof and will have a special lighting protection system to safeguard the
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    • 229 2 HOLIDAY Inn Hotel Singapore has announced the following promotions: Skaik Mthd from head waiter to assistant banquet manager, Peter Yip from tour officer to senior tour officer, and Kicky Geh from food and beverage manager to executive assistant manager. Mr Shaik Mohd joined the hotel five years
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    • 688 2 COURSES AND TALKS Jan 21-Feb 11: Sales Management, National Productivity Board Town Centre, National Productivity Board Jan 28-Feb 8: How to Identify and Develop Management Potential in Your Organisation, NPB Town Training Centre, National Productivity Board Feb 5-6: Planning and Budgetary Control for Management, Hyatt Hotel, Price Waterhouse
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    • 164 2 THE BRITISH Engineering Industries Association plans to send two missions to the Far East this year as part of a general promotional campaign. The first of these missions will be from May 9 to 31. It will be in Singapore for a
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  • Page 2 Advertisements
    • 160 2 FIRST TIME EVER OFFER! NOW GET A US $150 DISCOUNT COUPON WHEN YOU FLY RAN AM. Here's great money-saving news. Now, when you fly a round trip you'll receive a US$l5O discount coupoa It entities you to US$l5O off on your next Pan Am trip from Singapore to the U
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  • REGIONAL
    • 115 3 AFP PILOTS of the Indonesian state-owned Garuda Airline appeared to be ready for a showdown with the government as they vowed to ignore its appeal that they should discontinue their strike. "We shall not abide by the appeal and we are resolved to carry on
      AFP  -  115 words
    • 258 3 AFP CHINA has proposed that Japan adds three more projects to the list of oil development plans covered by the proposed US$2 billion loan from the ExportImport Bank of Japan, government sources in Tokyo said yesterday. The government has basically approved the proposal and will
      AFP  -  258 words
    • 234 3 AFP ASEAN plans to seek the assistance of the European Economic Community (EEC) to establish training centres on land transportation in its member countries and to help organise a seminar-cum-study tour on land transportation for Asean officials. These decisions were taken at
      AFP  -  234 words
    • 474 3 EXPECTED ABUVAUS TODAY KEPPEL WHARVES Banowati (1500 subject freeboard, after Han Kook) 27/ 28 Kota Perwira (after Palm Sea Horse sails) 12 Kota Alam (1100 hauls 13m east) 10/11 Nichiyo Maru (Tanker) (after Accord P/O, subject gas free) 16 Pinewood (0600 after Shoryu Maru) 19 Torrens (after
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    • 508 3 Reuter. JAPAN had a record U558,463 billion current account deficit in 1979 mainly because of rising oil prices, the Finance Ministry announced on Friday. It said this was compared with a surplus of $16,534 billion in 1978. The previous record deficit was $4,990
      Reuter.  -  508 words
    • 184 3 Reuter PRESIDENT Marcos, whose New Society Movement (KBL) captured most of the posts in Wednesday's local elections, has warned the country to prepare for a period of austerity. He has told his ministers to plan for 10 per cent cuts in their departmental budgets to
      Reuter  -  184 words
    • 142 3 AP AUSTRALIA has offered to seli weapons to Thailand in the event of a threat from outside forces, Prime Minister Kriangsak Chomanan said Thursday. Mr Kriangsak said the offer was made by Australian Foreign Minister Andrew Peacock who arrived in Bangkok earlier Thursday for a two-day visit.
      AP  -  142 words
    • THE REGION IN BRIEF
      • 523 3 Agencies CHINA has begun an "economic census," asking all enterprises to register and provide data so as to identify the operations that need improvement in its current economic readjustment. The Communist Party newspaper People's Daily said on Thursday that the investigation is also intended to facilitate China's foreign
        Agencies  -  523 words
  • Page 3 Advertisements
    • 155 3 ^]:&&@,>(/-`{|%~?[$@;($?~-<$&)" JAN f 'SoE CENTRE gSSftiW®japan P*^ h^ManTact^«' P A^onT^ h S°A packaging t all equipment W "J^ sEA n manulact 3SSft**". dhc t" V-/*' 4* 1 S* >•• W 7T-sV m* IS? G££ m V. L P® ■WSj K3 S3 AM 3 pil Um mm ft 52 MM I
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  • RAW MATERIALS
    • 320 4 THE MARKET see-sawed erratically within a 20-cent range to finish at 344 cents per kilo, down 8 cents on balance. Conditions were generally quieter and turnover reduced, compared with the hectic activity and record peaks of the previous week, says Hellday, Cutler, Bath ft Campaay in
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    • 239 4 Reuter A SEASONAL drop in crude palm »11 output and continuing high demand from iocal refiners are the major factors behind a scarcity of physical offers of Malaysian crude palm oil in Europe, trade sources said in Knala Lumpur. Fresh fruit hunches (ffh) production has dropped off
      Reuter  -  239 words
    • 214 4 THE SINGAPORE market closed slightly higher yesterday with February One RSS buyers quoted at 3*7.00 cents per kilo, up 2.50 cents from Thursday's close, dealers said. Morning prices were marked up about 3.50 cents on higher London advices, covering interest and speculative buying, they said. Afternoon values eased two
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    • 173 4 R.A.S. prices in cents per klio yesterday: Noon (per kilo) Buyers Sellers Int. 1 R.S.S. prompt f.o.b. 345.50 346.SON Int. 1 R.S.S. February 348.50 349.50 Int. 1 R.S.S. March 355.00 SBC 00 Int. 2 R.S.S. 328.50 329 50N UK Cont 327 50 328 SON Int. 3 R.S.S. 325.50
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    • 46 4 NOON SSR ai id SMR prices yesterday: HAS SSR 20 SSR 50 (I tor (I -ton February (Curreat Mtk) Buytra Sellers 1 pallet) 306 00 308 00N 1 pallet 1 303 00 306 00N March (Forward Mtk) Bajrera Sellers 308.00 310.00N 305.00 307.00N
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    • 84 4 THE MARKET in Kuala Lumpur was closed yesterday. C.I.F. North European ports, in US dollars Der ton unless otherwise stated. LONDON: Thurs Previous Malaysian 5\ ffa bulk per tonne Februaryunch 715.00slr March 695 00s Ir Sumatra 5'. ffa bulk January unch 715.00pd February 704 00pd 710. OOslr March
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    • 159 4 CHINESE Produce Exchange, Singapore, noon closing prices per ptcul yesterday: Coconut oil: Bulk $103 sellers, old drum 1109 sellers, new drum $113 sellers. Copra: Mixed (loose) UK/ Cont $63.00 buyers. Pepper: Muntok ASTA white fob 100% NLW $340.00 sellers, Sarawak white fob 96% NLW $325.00 sellers, Sarawak special
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    • 322 4 SINGAPORE: Yesterdays closing prices in SI per kilo, ex-godown: THAI WHITE: 100 per cent first class (Kangaroo) new crop 0.98, 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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    • 76 4 THE Straits tin price in Penang was unchanged yesterday at Ms2,lfl per picul, $211 abeve the Internatienal Tin Agreement celling, dealers said. Despite weaker London adviees on Thursday, conditions were generally steady on renewed buying from the US, Japan and local traders and lower tin metal sip> plies
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    • 31 4 Rubber Feb 1 Singapore: February: 347.00 cents (up 2.50 cents) Malaysia: (closed) Tin: M 52,161 (unchanged) (equivalent to $35.73 per kilo) (unchanged) Official offering: 187 tonnes (down 117Vfc tonnes)
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    • 228 4 CBT soybean futures rallied to close eight to 4Vi cents a bushel higher on Thursday. Country selling overnight and reports of .-'Scattered rain in dry Brazilian soybean growing areas put pressure on futures, traders said. But beans rebounded sharply when commission houses became aggressive late buyers and prices penetrated
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    • 186 4 CBT wheat futures staged a late rally to close SV« to 2V< cents 'a bushel higher on Thursday. Prices languished at lower levels most of the day until CBT soybean prices moved sharply higher late in the session. A commission house became a heavy buyer of March wheat at
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    • 829 4 SUGAR: Number two raw sugar futures held firm yesterday morning, closing below new contract peak kerb levels with on balance gains of £7.15 to £4.55 per tonne. The opening call saw an average £5 advance but prices edged up on chart and speculative support partly influenced by higher
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    • 193 4 YARN and cotton prices were quoted as follows in Hongkong yesterday: (In HK dollars, spot ex-go-down) (Mm yara: China Blue Phoenix 20s 2,325; 32s 2,850, 40s 3,030 (per bale of 400 lbs). Piece f ><■: China Butterfly and Globe brand unq; Dragon Head unq; Five Lambs unq; Flower and
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  • ASIAN STOCKS
    • 567 4 TOKYO THE RUMOUR that the USSR will withdraw its army from Afghanistan somewhat confused the Tokyo market, especially regarding non-ferrous metal issues. Dowa Mining was down Y5 to Y839; Sumitomo Metal Mining, Y4 to Y273; and Mitsubishi Metal, Y1 to Y205. Nevertheless, Nippon Mining surged Y3O to Y395
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    • 434 4 WHITE Industries Jumped A 516.70 to a high of $28.30, with more than one million shares of its nine million shares changing hands, dealers said. Speculation Mitsubishi Corp was acting in concert with White to offset a corporate raid boosted the stock, with White saying in reply to a
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    • 313 4 YESTERDAY'S performance was almost a carbon copy of Thursday's with a firmer opening, good sup- port for Jardine shares and 1 an eventual sell-off by local punters and corresponding apathy from local institutions. Recent "star performer" 1 New World became the peace breaker, falling to 14.50 in active trade
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    • 132 4 THE market closed mixed yesterday with commercials, industrials and mining firmer while oils fell, dealers said. Turnover rose to 25.8 million pesos from Monday's 11.2 million. KEB 01 Pesos Aco* Mining 0» unfh AUa* Con A Alias Con a *700, +j Ba«uio OOM 00M +***** Bencuri Con B 91
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    • 216 4 STOCK prices closed mixed yesterday in light trading, dealers said. FEB 01 Bahts Ailm Credit 190 unch Asia Fibre Ayuihsys Inv. And Trujt HI 1 Bangkok Investment Bangkok Bank Bangkok Drying And Silo 300 unch Bangkok Insurance Bangkok Metropolitan Ban Bangkok Nylon Bank Of Asia Bank Of Ayudhaya Ltd
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    • 50 4 FINANCIAL TIMES INDUSTRIALS Thursday 453J Wednesday 457.6 Week ago 448.7 DOW JONES AVERAGE INDU8TRIAL8 Thursday 875.85 Wednesday 881.91 Week ago 879.94 H.K.HANG SENG Friday 883.77 Thursday «07.50 Week ago 920.01 SYDNEY INDU8TRIAL8 Friday 637.20 Thursday—: «31.51 Week ago 619-34 ALL ORDINARIES Friday 870.10 Thursday 882*7 Week ago 840.10
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    • 181 4 Reuter WHITE Industries Ltd said it believes an unknown group is trying to obtain either a strategic or controlling stake in the company through the stock market. Replying to a stock exchange query on the sharp rise in its shares, White said the only reason it can suggest
      Reuter  -  181 words
    • 101 4 Reuter CSS said Tayate Mater Cm has —ssUsi its afler in respect ti its 7.4 pes Mi stake is IMess Hsldlas altered five sf Its shares ptas ASS.tf far ever£ Thie»' UJ* fame* share*. VCry The MylsWw takes CBS's hsMtaw h TMsss to tts P* eeat,
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  • Page 4 Advertisements
    • 163 4 Wendy Hutton's mi ....more than just a cookbook! Here, for the first time, is a local cookbook that fives 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 ft puts Singapore's famed cuisine into
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  • OVERSEAS
    • 707 5 ARRIVALS Service Local Operator Number line From CIA GA944 1055 PKU GIA GA906 uoo MES SlA 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 AMS FRA SU SQ201 1245
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    • 275 5 Reuter THE UK government's tight monetary policy has little chance of succeeding in reducing inflation and promoting growth in the UK over tver the next five years, the Economist Intelligence Unit said. The EIU, a private forecasting body, argue in its report on the
      Reuter  -  275 words
    • 268 5 AFP NEGOTIATIONS between rich and poor nations broke down completely on Thursday when the developed nations refused to talk over a political statement submitted by the "Group of 77" Third World countries as an addition to their earlier economic action plan. The industrialised nations at
      AFP  -  268 words
    • 195 5 AFP. THE European Economic Community will make Britain one last offer regarding its contribution to the EEC budget a cut of £350 million to £400 million, sources said in Brussels The sum is less than half the approximate £1 billion reduction that
      AFP.  -  195 words
    • 91 5 AP. PRESIDENT Carter's administration told Congress on Thursday it will not fill all of Israel's U553.45 billion aid request this year partly because of a wish to prompt Israel to get its economic house in order. "We looked at this with
      AP.  -  91 words
    • 468 5 Reuter, FP THE US Steel Corporation is planning to file anti-dump-ing suits against imports from Europe and Japan within the next two months. US Steel chairman David Roderick at a news conference on Thursday reviewed the US steel industry's outlook and said the
      Reuter,; FP  -  468 words
    • WORLD IN BRIEF
      • 521 5 Agencies THE UNITED States still wants to ratify the Strategic Arms Limitation Treaty (Salt II) with the Soviet Union, White House spokesman Jody Powell said on Thursday. Even though the current situation does not lend itself to Senate ratification, "we want the Salt n process to continue
        Agencies  -  521 words
    • 144 5 Reuter THE Muslim students holding 49 Americans hostage at the occupied US Embassy said they would wily hand over their captives to a third party if revolutionary leader Ayatollah Ruhollah Khomeiny ordered them to do so. Questioned about reported new proposals from Washington, which senior
      Reuter  -  144 words
  • Page 5 Advertisements
    • 209 5 SIEMENS Looking for suppliers in South East Asia We: are prodijcing Components, Data and Information Systems, Power Engineering including Nuclear plants, Telegraph and Signaling Systems, Electrical Installations, Medical Engineering and Household appliances. Our 330,000 employees achieve an annual turnover of about Ss3s billion. 120,000 suppliers from round the world share
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  • 428 6 THE Skills Development Council has certainly wasted no time in selecting three applications from among the companies seeking grants from the Skills Development Fund. The speed is no doubt intended to convey to manufacturers that the council is ready to cut through red-tape to hasten
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  • 233 6 THE ordinary man who reads about how it took a committee two whole days to adopt admittedly among other things a draft memorandum of understanding on the matter of drivers' licences would surely shake his head and mutter something rude about the snail's-pace
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  • 1210 6  -  By FRANK GRAY FT MENTION Heathrow Airport to many of the millions of overseas travellers who visited Britain in 1979 and they will reply "Never again f" But Britain's Department of Trade hopes that the same question, if posed again in the mid-*****, will elicit
    FT  -  1,210 words
  • 352 6 CAME upon 9ome names with the right ring about them the other day. A newsletter of the 12th Asian Advertising Congress 1900, describing the various speakers that will be participating, said of one that he is "an eloquent and outspoken Asian advertising personality, Mr Javed Jabber
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  • Page 6 Advertisements
    • 158 6 -4 OA UV W bring x together the most sophisticated audio-visual, hi-fi equipment and related L 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
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    • 33 6 •Science-Fiction •Comedy •Drama ©Feature Films •Cartoons •Rock-Disco-Concerts •Sports •Learning Self Development Etc. PRE-RECORDED VIDEO CASSETTES IN COLOUR FROM U.S.A. ft EUROPE Bill tithw M (rem: HI-DEFINITION 438 Sampan tad Sm T#: *****67 23M212
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  • Page 6 Miscellaneous
    • 1348 6 MR'fIOTO Pleasure for everyone CONG BATUL ATI ONB, Ptm if Carprstl—l We leek hmri to i mr varied Mi iatereettaf Uae-ap ef ie« programmes treat yea. I thea saggest a mere halaaeed dlstrlkatlea «f programmes fcrtwm Ike twe ekaaaelc? U parttealar, ekaaaei t skesld ke pre■eM trem Its aeeeai claw
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  • 1093 7  -  Canada has recently shown a new determination to shape a distinctive identity for itself. This new identity includes a greater relationship with the Pacific Rim countries, including Asean, reports MARGARET THOMAS, in the final of three articles on Canada. MARGARET THOMAS, THE CANADIAN CAPER in
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  • 923 7  -  By DAVID LENNON ISRAEL and Egypt are due to start normalising their relations in the coming months after three decades of war. But as far as the countries' criminals are concerned, relations are already perfectly normal. As soon as the IsraeliEgyptian peace treaty was signed nine
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  • 884 7  -  FOBUHi By BERNARD NOSSITER THE North-South dialogue a deceptively bland phrase embracing the West's search (or stable oil prices and the Third World's quest (or a bigger share of the world's resources—is due to resume on a gigantic, global scale late this year. This
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  • 667 7  -  By TED CHAN WAVES of "oohs" and "aahs" from the well-heeled bidders rippled through the City Hall auction. The merchandise was so valuable the government kept it under wraps and refused to display it. Each number, written on a blackboard, created a new round of price
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  • Page 7 Advertisements
    • 200 7 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. MB Ellellou, educated at McCarthy College in W WV Wisconsin in the mid-50s is a Black Muslim. He If II
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  • Page 7 Miscellaneous
    • 50 7 BriStcW rFraxOcDictens wgjllo... fßom p^L.«eBDV.... ■si DePvS BGlSToco Pvßsr Tv4C GOOD NGJU)S i uk£.this PtPOc. so mucM rvc. OGXHDCP To SCTiit W€43e. P*md STR«?T my CXJN e>us»M£ss NOW Tuc e>PO NGxoS. VH T»4C BOTo*n tItGWT MfysO ocwujeft Of rr>{ Dqjaic IS wmjgc Piue. of ujoftc iomch feCGOT ToTStLL Nbu P©OOt.
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  • INTERNATIONAL STOCKS
    • EUROPEAN MARKETS
      • 278 8 JAN 31 Frs CORBEILLE Atr-Liquide B S N Gervals Danone 107! 7 C S F (ThomsonC*t) Ml 3 Cle Francaise des Petroles 260 I (omp»gnii> Financier? Compagnie Generate 350 20 *02 Credit Fonder De France ♦50 unch Hachette 1 Llbrairte) 238 4-3 Machines Bull M80 04 Michelin IB) >15
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      • 85 8 JAN 31 Fr* FORWARD MARKET Afff m uneh Arbed 2360 -80 Aitur m >1 Braacan 800 10 BruUmt) Canpac Cock I. 340 -14 I> Beers 330 Ebes 22X 10 Electrobel 9000 20 Ob-Inno-Bm 2900 10 Oe» goo Hobok 2940 -80 Petro MI0 70 Ryl Dutch 2370 Sitfro 1120 12
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      • 217 8 JAN 31 Dm /v J Aeg-Telefankcn Akzo AUx Lctoen 40 10 21 JO no 00 -06 06 -4 Alls Vera BASF Bay H T Wbank Bay Vbank m oo 140.90 *****B mooe 7 OJ *8 Bayer Rwr 127 JO 282 00B 28 BMW IH00 ♦a Chem Wrw Commeribank Conn
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      • 193 8 JAN SI Francs Action* Sulun m 2 Alusuisse Br 1)M 30 Alusuisse Ret Brown Boevri Br m ino ♦4 ♦65 CI Da Oclfjr Br 1225 3D Clba deify p C wn *30 Oba Oelfy Rrt Credit Suisse Br m WOO 3 unch Credit Suisse Rrt M* 1 Elektrowatl Br.
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      • 193 8 JAN 31 ru ABN 299 00 _t Ahold 8100 02 Akzc 24 00 *06 AMEV ***** 02 Amfas 115 50 1.5 Amro Bank 82.10 Berfoi* 39 00 .1 Berk ***** 2 BoU 8250 >05 Borsumij 179.50 -05 Burhmann 59.00 >0.8 Byenkorf 59.50 >05 Calve Pel ft ***** >1.5 Dell
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      • 93 8 JAN 31 Lire Amc Aaaoc (Jen 2S ***** *035 210 -17 ♦3 -11 Central* Plat ZH Mi! 10 Pinttder 0«n Immob IP1 Prl Itaictmrnti Ilalcaa K TOM -i ***** KM 4S •13 3M -03 1 la Wider Mafnrli M PI Maretli Ere Mediob Mlralanza Mondadort *0 MS m M2M
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      • 1275 8 NEW YORK THE STOCK market on Thursday (hilled back in one of the heaviest trading days on record as defence and computer issues led what analysts called a technical correction. Mr Robert Nuruck of Butcher and Singer Inc said market action in the last few days
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      • 224 8 JAN 31 CS AblUbi 23 -•i Aican 71 4 <z Algoma ag', •f 1 B Bank Mont 26 Bank Nova Scoua 25'Bell Tel 19 4 unch Beth Corp BP Can Ltd HZ 38 Braacan 24'. Camp Red Lake 36'. u Can Imp Bk 26 Can par 45 Canpar In»
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      • 275 9 JAN 31 Rand INDUSTRIALS unch Tonfaat. Trust Bk Un Steel Unuec Wool worth 63&B 113 100 in 400 -10 3 -1 20 Aberrom AC And CI 296 MO 10 MININGS AMIC Barlow* anso KB unch 5 Anfloa C, Su«« 1030 300 unch Anclvaal Beflels 3300 -100 Currte
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  • Page 8 Advertisements
    • 163 8 Where to wine, dine and entertain Set in traditional Chinese decor, MEISAN SZECHUAN RESTAURANT exudes an elegance that is matched only by the culinary feast prepared daily by our expert Master-Chef. Aptly named after the mountain richest in herbal resources and spices, the MEISAN SZECHUAN RESTAURANT captures the typical Szechuan
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    • 142 8 iliiu JAPANESE RESTAURANT i For sushi. For teppanyaki. For other authentically Japanese delights. Open dai/y 3pm 6.30 p. m. 10.30p ni For reservations call *****77 J k s it 111"\ I 'iirk SIM-I-UIOM Sii»|;j||MiiT SHFPATON HO'i I- av NASSIM w( 't£i\ ate ISA z Kps m m K S x
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    • 119 8 See Page 4 for Asian stocks See Page 9 for Jo'burg prices Savour our Chef Rene's masterpieces of European Cuisine. The s* Vf• j* Chanticleer where good taste triumphs i• (Lorkpit ffliotfl Call Josephine for reservations *****75 or *****11 x 107 T Happier Hours At •> Merlin's Tavern Bar With
      119 words
    • 192 8 Singapore-style Stilton style, lab At the Top of the Hilton, at Hin's That's where you get a selection of typically Cantonese favourites And our very own Flavours of Singapore No mess No noise Just great chc w In the comfort and serenity of the Hilton If you live to eat.
      192 words
    • 85 8 S3 A reputation for nne uuicoMtt food. Fortuaa Restaurant offers one of the k 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 —oriates, friends and relatives at the
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  • BANKING AND FINANCE
    • 432 9 Reuter THE JAPANESE Finance Ministry said it has no plans to expand quotas or change issue terms of yen-based certificates of deposits (CD) for Japanese and foreign banks from next April. The ministry said it will await any developments on the Japanese CD market
      Reuter  -  432 words
    • 233 9 THE gold market's underlying trend would continue firm even without the current political uncertainties, because the metal is in short supply, Mr Volker Burghagen, managing director of Compagnie Luxembourgeoise de la Dresdner Bank, said. He said as South Africa's sales policy is
      233 words
    • 93 9 NO CHANGE IN POLICY Reuter BANK of Japan governor Haruo Maekawa said the bank will maintain its present tight money policy to prevent a sharp rise in wholesale prices from spreading to consumer prices. Mr Maekawa told a parliamentary budget committee Japanese wholesale prices continued to rise in January after
      Reuter  -  93 words
    • 357 9 MR Merlyn Doleman, managing director of AsianAmerican Merchant Bank has promoted the following senior officers with effect from January 1980: Mr Keljb* Da hi has been promoted as assistant general manager. Mr Dohi, a graduate from Waseda University in Japan, came to Singapore with experience gained in
      357 words
    • 302 9 Reuter A SHARP squeeze on banking liquidity and a rush by private investors to buy treasury bills have caused chaos on Italian money markets, market operators said. The resulting wildly disproportionate interest rates have revealed the inadequacy of market structures, the inability of the central bank to
      Reuter  -  302 words
    • 248 9 MIDLAND BANK has sold its 10.46 per cent stake in Sedgwick Forbes Bland Payne, the UK's largest insurance broker, for £21.1 million. Proceeds from the sale are likely to be used in an extensive acquisition programme planned by Midland. On the London stock
      248 words
    • 146 9 BANK Markazi Iran, the Iranian central bank, sought an injunction on Thursday night against Bank of America Paris. Counsel (or Bank Markani urged a Paris tribunal presided over by Mrs.Simone Rozes to order Bank of America Paris to hand back U*****.96 million which it
      146 words
    • 50 9 THE Bank of Tokyo, Japan's sole specialised foreign exchange bank, will open a representative office in Beijing this month in exchange for opening a Bank of China office in Tokyo. The Bank of Tokyo is the first bank from the noncommunist bloc to establish an office in Beijing.
      50 words
    • 240 9 BRITISH Chancellor of the Exchequer Geoffrey Howe said Britain's public sector borrowing requirement in 1979/80 is approaching £9 billion. Mr Howe made the remark following talks with' the trades union congress nationalised industries committee. Afterwards a Treasury spokesman said Mr Howe should have rounded the figure
      240 words
    • 398 9  -  By RUTH CHENG HARRIS Bank will be upgrading its Singapore representative office to an offshore branch now that it has obtained approval from the Monetary Authority of Singapore (MAS) to do so. Charles M Bliss, president and chief executive officer of
      398 words
    • MONEY AND EXCHANGE$
      • 473 9 RUMOURS that Iran will be increasing oil prices resulted in a firmer US dollar against the Japanese yen yesterday. Opening at 239.55/65 against the yen, the US dollar was subsequently traded up to 240.20/30 when Tokyo closed. News of oil price increases by Iran sent the dollar up
        473 words
      • 121 9 THE U.S. dollar for overnight delivery closed firmer at 240.40 yen yesterday, compared with a 239.30 opening and 238.80 at Thursday's close, dealers said. Trading was moderate with volume of US$7B3 million. The dollar rose to a twoweek high of 240.40 yen in light late trading after early firmness
        121 words
      • 97 9 THE YEN eased against the major currencies in thin, late exchange here yesterday on early commercial selling of the Japanese currency for US dollars to fund purchases in the local gold market, dealers said. The Hongkong dollar eased to 4.84M/50 to the US unit from an early 4.8300/50 and
        97 words
      • 22 9 THE average rate at which major Singapore banks are currently prepared to lend to their best customers is 10.3 per cent.
        22 words
      • 141 9 ASIAN RATES ASIAN currency deposit Interbank rates as at close on Feb 1: 7 days 1 month 2 months 3 months 6 months 9 months 12 months US Doll* ral Spot) Offer Bid 13". 13 H 14'• 14 14 5/16 14 3/16 14 7/16 14 5/16 14 7/16 14 5/16
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      • 49 9 RANGE of prices offered by discount houses on Feb 1: Overnight: 3 1 «'3 Call deposits: to S 1 > r 4 Closiaf Bsyiai Selliaf 3-month Treasury bills 6 J 3 month Bank bills 101/16 915/16 3 months CD 1011/1610 9/16 6montttaCD 10'» 10 1 Source: National Discount Co
        49 words
      • 52 9 RESULTS of tender held on Feb 1 for 91-day Treasury bills to be issued from Feb 4 to Feb 8. Offered: $50,000,000 Applied far: $137,500,000 Allatted: 150,000,000 Accepted bids: $96.31 approximately 29 per cent; higher bids in full. Average rate d dfaeaaat aa aUataeat: 6.760 per cent
        52 words
      • 313 9 GOLD futures in Singapore closed sharply lower yesterday compared with overnight levels in generally quiet trading, dealers said. Trading was uspended for an hour yesterday morning as prices opened limit-down across the board following the metal's decline in New York on Wednesday night and thereafter the market fluctuated marginally
        313 words
      • 280 9 THE U.S. dollar scored an early gain in active opening trading yesterday, while sterling was steady on its late Hongkong levels. Dealers said the dollar's early advance was a continuation of Thursday's trend prompted by an apparent easing of tension over the Afghan and Iranian crises. The dollar opened
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  • Page 9 Advertisements
    • 221 9 Malaysian Tobacco Company Berhad NOTICE OF MEETING NOTICE is hereby given that the TWENTY-THIRD ANNUAL GENERAL MEETING of Malaysian Tobacco Company Berhad will be held at the registered office, 178-3 Jalan Sungai Besi, Kuala Lumpur on Wednesday, 27th February 1980 at 11.30 A.M. for the transaction of the following business
      221 words
    • 2 9 I m
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  • 1948 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 (2.848 2.P55)
    1,948 words
  • 162 10 SINGAPORE UNIT 111 ST INCOME BOND UNIT prvw iwra M> (Carreat pel lees) The Commerce 2.40 2-55 Income Bond 1.19 14 The Saving Fund 156 165 S pore Prof Fund 1.M 1.14 S pore Sec Fund l.«0 2.02 MARA BUMIPUTRA S pore Invest Fund L« 1.54 (Managers' prteea
    162 words
  • 2795 10 1979 80 High Low Company Laat Sale orGr'a Div Div C'vr Gr'a Net Y1d P/E Vol Day <•000) High Low SECTION ONE INDUSTRIAL COMMERCIAL 286 223 146 180 282 77 255 434 219 380 207 Acma 123* Alcom 110 Allied Choc 133 BAT 255 Bata 57h Ben
    2,795 words
  • 1927 10 FT TEN years ago the Save and Prosper (S and P) group was the undisputed giant among unit trusts. Funds under management had grown from £80 million in 1961 to around £480 million by 1970, giving the group a commanding 33
    FT  -  1,927 words
  • 374 10 THE SINGAPORE stack market eland Mgher la late active tnflag yesterday after praflt-taklag for meet el the day. Aan prices opened quietly at anaad averaight levels, drtfttag rnrtrr Ik aild mandaj Aaalyste Mid the market vai retreattag mildly for a brief eerreetfoa. TVy
    374 words

  • COMPANY NEWS
    • 249 11 FT ALL PARTIES involved in the share-owning controversy surrounding Saint Piran, the troubled tin mining and property group, are expected to attend a meeting between the company and the takeover panel executive due to take place on March a. The panel
      FT  -  249 words
    • 1083 11  -  By CATHERINE ONG THE volatility of log prices failed to dampen the earnings of lumber group North Borneo Timbers Bhd (NBT) during the first half of its financial year ending May 31, 1980. For the six months to Nov 30, 1979, NBT saw a
      1,083 words
    • 252 11 Current Ex Book* Date Total for Total for Payment Date Close Payable the year Previou* year C C M 32.5% Dec 19 Jan 2 Feb 4 55% 50% Allied Choc 3%TE Jan 21 Jan 28 Feb 4 3%TE U M Flour 20%(b) Jan 16 Jan 27 Feb 7
      252 words
    • 110 11 Company Particular* t Ex Date Booka Cloae M Breweries Bonus Issue of 1 (or 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 Sentoaa Bonus Issue of 1 for 3 NYA NYA
      110 words
    • 301 11 Date La Full Year Cempaay PerM Aaneonced Net EPS Grass Pre-tax last year (ceita) Div. Preflt <%) <$*••> BATS F 1/12 5.1 17.0 3,983 M'wata Steel I 22/12 12.4 10.0TE 14,803 Folex Ind F 18/1 2.7 0.0 858 Nat Iron F 7/2 57.8 17.9 37,679 F E Le'ston
      301 words
    • 183 11 Daff Devetopneat Bhd: AGM to be held at Ladang Pinji, Lahat, Perak at 10.40am on Feb 2. Malayaa Uaited ladastrlea BM: EOGM to be held at 16th Floor, Wisma Mirama, Jalan Wisma Putra, Kuala Lumpur at 11.00am on Feb 4. Malaysia Bfee IMwMes BM: EOGM to be held
      183 words
    • 835 11 SELL on good news, buy on bad. Or, to put it another way, go in the opposite direction from the herd. That's one of the oldest pieces of advice around when it comes to investing in the stock market,
      835 words
    • 448 11 irtMOa astoaa». by HOCK LOCK SIEW THE latest interim results of North Borneo Timbers Bhd (NBT) were greeted with modest cheer by the market as reflected in the steady advance of its share price during the week. Although the shares have underperformed the general market, they have at
      by HOCK LOCK SIEW  -  448 words
    • 71 11 has appointed Mr Michael Toh as group personnel manager. Mr Toh holds an MA in industrial psychology from the University of Sydney and a BSc in psychology from the Australian National University. He was personnel manager at Hewlett Packard, Singapore in 1972-73 and later became head
      71 words
    • 17 11 CYCLE and Carriage Riotong has appointed Senator iq uj/pvtuivu u^uaun Kamarul Ariffin Mohd Yassin as company director.
      17 words
    • 41 11 additional 5.23 million ordinary shares of 50 cents each arising from the conversion of 1.31 million warrants at the expiry of the 1979/80 subscription period in January, will be granted a listing and quotation with effect from Feb 6.
      41 words
    • 18 11 has changed its office address to No 33 and 35, Jalan Klyne, 2nd Floor, Kuala Lumpur.
      18 words
    • 58 11 on Jan 30, shareholders approved the resolution relating to the agreement between Cold Storage Manufacturing and Robinson and Company. THE Kuala Lumpur Stock Exchange has announced that the additional 7,545,800 Supreme Carparattoa ordinary shares arising from its recent one-for-two rights issue will be
      58 words
    • 57 11 has re- quested the Registrar of Companies to grant an extension up to March 31 to convene its annual general meeting. This is because its auditors have indicated that they will not be able to complete the audit of the accounts for the financial year ended Aug 31,
      57 words
  • Page 11 Advertisements
    • 247 11 FINANCIAL SALES We are the world's leading international bank, and we invite applications for the post of Marketing Representative in a newly formed lending unit. The position is an exceptionally challenging one and will involve selling specialized financial services to local and multinational businesses in Singapore. Candidates should be highly
      247 words

  • 417 12  -  By LEE YOKE MENG THE THIRD Asean banking conference opened in Jakarta on Thursday on a very cohesive and optimistic note. Apart from the strong support given by Dr Rachmat Saleh, governor of Bank Indonesia, the leading delegates also suggested several practical steps towards
    417 words
  • 284 12 A NEW $10,000 currency \ote was released for circulation yesterday by the Board of Commissioners of Currency. The release of this note will complete the series of currency notes of the "Bird" design. The most up-to-date security features have been incorporated in the $10,000 note. It has
    284 words
  • 790 12 LONDON, Fri. Golds closed higher while equities and government bonds finished lower in moderate trading, dealers said. At 3 pm, the FT index was down 4.6 at 448.7 Gold shares rose by up to USS3 as bullion moved to around $675. Government bonds declined by up to a
    790 words
  • 175 12 A BUSINESSMAN, described as a minority shareholder of Supreme Holdings Ltd, owners of Supreme House in Penang Lane, is seeking an order from the High Court to wind up the company. Mr Lau Kieng Hwee, represented by Mr David See, said
    175 words
  • 167 12 Reuter IRAN has told Japanese oil importers it raised its crude oil prices for shipments to Japan by US$2.5O a barrel, effective yesterday, Trade and Industry Ministry officials said. They said this could not yet be officially confirmed with the National Iranian Oil Co
    Reuter  -  167 words
  • 117 12 UPI PRIME Minister Lee Kuan Yew irjet West German Foreign Minister Hans-Dietrich Genscher (abeve) on Thursday (or talks on ties between the European Community and Southeast Asia, the German Foreign Ministry said. A ministry spokesman said Mr Genscher pledged West Germany's intention to remain "a reliable and
    UPI  -  117 words
  • 432 12 MALAYSIA is expected to insist that it be allowed to use the Airbus on flights between Malaysia and Singapore when the air talks between the two countries resume on Monday. Singapore's disagreement on this point resulted in a deadlock in the
    432 words
  • 141 12 Reuter OIL industry sources in Jakarta said two Spanish engineering companies, Centunion and Technicas Reunidas SA,- have been awarded the contract for the proposed US$B45 million hydrocracker unit at the Dumai oil refinery in Central Sumatra. The commercial attache at thĕ Spanish Embassy said
    Reuter  -  141 words
  • 310 12 MALAYSIA is now the world's third largest exporter of air conditioners, surpassed only by the US and Japan, the managing director of Matsushita Industrial Corp (Maico), Mr Yoshinori Kobe said recently. Maico is the only integrated manufacturer of room air conditioners and related
    310 words
  • Page 12 Advertisements
    • 68 12 y 8. KasKan Medallion Carpet Double Knotted Size: T n 4*6". Origin: Pakistan nwrin iM Size: T 6" JT Isfahan Medallion Carpet Double Knotted Size: 6' 6" 4*6". Origin: Pakistan Kashan Tree of Life Double Knotted Size: T 4'6". Origin: Pakistan 1980 SPECTACULAR Kashan Picture Carpet Double Knotted Size: T
      68 words
  • Page 12 Miscellaneous
    • 56 12 Scattered showers in a few places from late morning. Report far 24 Inn priw to 7J9 p.m. on Feb 1 at the airport. Maximum temperature 30.5 Associated humidity 74 Minimum temperature 23.7 Associated humidity 96 Hours of sunshine 5.00 Rainfall in millimetres 30.7 Total rainfall for the month 30.7 Total
      56 words

  • LEISURE TIMES
    • Article, Illustration
      212 13 THINK ef thaw eleeed enrt ahew aad Ike etaaaie (whlek are hiMiiMt thea, ST«bm *2«* "SL^a*UM all «aestfea at tacte. Aktve: Bktrley will daaee all algkt, ma late the early ra*ndag, la tkto ereke/ reddtok-parple «mm *ew <$1M). She to p*eki«|;mp a Hack dlp-w drew «W far her
      212 words
    • 137 13 THE-HOUSE of Lanvin is given to great swashbuckling capes and dramatic dresses, but this time Jules-Francois Crahay, the designer, announced that his theme was "cubism." This took the form of scarves and evening dresses divided into blocks of colour, more like mondrian than braque. Blanket-sized scarves were
      137 words
    • 193 13 IT'S GOOD news for leg watchers. Skirts are shorter and shoulders are smaller. Black makes a comeback and pleats are plentiful among top designers in the early shows of the 1980 spring-summer Paris high fashion collections. More than 2,000 outfits were paraded down Paris runways last week.
      193 words
    • 411 13 FOR THE handful of women who are willing and able to pay as much as US$lO,OOO for an evening v gown, Nina Ricd paraded big flowing skirts and asymmetrical hemlines last Sunday night in the first show of the 1980 spring-summer Paris high fashion collections.
      411 words
    • 253 13 CHRISTIAN Dior hung its line on a sailor inspired theme in one of the most wearable lines seen among the early shows. The collection designed by Marc Bohan used colour combinations of white, red and navy for daytime suits. One typical outfit was a
      253 words
    • 1014 14 ■OTOBHW withTlermes IF SUPERMARKET aisles were wider, you could literally drive the little Suzuki SS-40F along them and pick up the daily groceries. This, of course, is an exaggeration. But the Suzuki is wonderfully small and is able to handle most motoring chores
      1,014 words
    • 486 14  -  By PETER WONG DONNA Summers made it big and was crowned "Queen of Disco" after she made the big hit "Love to Love You Baby". She sang with shivery whispers and had the sexiest groans and moans in the song. In it she did
      486 words
    • 131 14 IT SEEMS there has been an influx of Filipino singers and groups taking over our local scene. Mandarin Hotel is no exception to the trend. They had Philippine's top female vocalist, Gloria Manila, appearing in the Act I cocktail lounge, the Supper Club and Kasbah a few
      131 words
    • 630 14 EVER SINCE the Polynesians in the 18th century inspired the pioneer surfers with their 16-foot long wooden boards, the sport of surfing hasn't remained quite the same. The equipment itself has been the victim of innumerable changes. Not only did the shape of the board change,
      630 words
    • 431 15 PIERRE Cardin endorses silhouettes which are ultrawide at the top and short at the bottom. Cardin's skirts go two or three inches (five or seven centimetres) above the knee or play with lopsided effects slanted from midthigh on one side down to mid-calf on
      431 words
    • 909 15  -  By KOH TSE-YING ANOTHER (A my friends has decided to wear contact lenses instead of spectacles. For convenience, she says. And being short-sighted myself, it makes me wonder whether I shouldn't be thinking more seriously about contact lenses, too! But then, as one contact lens practitioner told
      909 words
    • 380 15 EMANUEL Ungaro is known to think of clothes in terms of art, playing with colour and texture as if he were making a collage. So it was quite fitting that he chose to introduce his spring and summer couture collection at the Jacquemart-Andre
      380 words
    • 339 15 THE HOUSE of Chanel looked backward too, though not as far as Proust. Many of the styles shown had their roots in the *****, when Gabrielle Chanel got her start. In fact, the pink sheath with the fringe of beads all over it could
      339 words
    • 443 15  -  LINDA NEO A NEW RIVAL has emerged to challenge the image of Singapore as a gourmet's paradise. Judging from the food queues at the existing outlets, the local palate finds much flavour in fast-foods. Take, for example, the Colonel's establishment at Stadium Road. It was impressively
      443 words
    • 116 15 BLACK aad white silk polka dot dresses were featured along with nnuatfc chiffon evening gewsn at Pierre Balmata's shew. Ow typical Baimais satfit was a white sad red herrlagheae tweed Jacket, belted at the waist, sver a navy Mae dress. IS# CULOTTES that revealed the
      116 words
    • 248 15 SNOFLEX 50 contact lenses, manufactured by Smith and Nephew, were first launched in Europe about five years ago. The Snoflex soft lenses have also been successfully marketed in Australia and the manufacturers are confident that these new lenses will do just as well in Singapore. Snoflex
      248 words
    • 694 16  -  By RONALD KOW HERE WE go with those match predictions again as Singapore meets Pahang in the Malaysia Cup soccer match at the National Stadium tonight (7.30). Pahang is one of very few sides that have beaten Singapore (away matches, of course) in the Malaysia
      694 words
    • 531 16  -  RONALD KOW YOU CAN say that the Football Association of Singapore {FAS) could not have made a better choice when it decided to nominate Fandi Ahmad for the Singapore National Olympic Council's Sportsman of the Year award. But, then, you can also say the FAS
      531 words
    • 114 16 SBS will operate three special services to and from the National Stadium tonight for Malaysia Cup match against Pahang. The services are A, B, and C which can be taken from Ang Mo Kio, Toa Payoh and Queenstown respectively. As a result, the SBS will not
      114 words
    • 412 16 GOLF: Scheduled for this afternoon are the monthly medals at the four golf courses belonging to the Singapore Island Country Gub; all of them will be stableford competitions. The 'A' medal will be played at the New course, on the Island course golfers will be vying for
      412 words
    • 659 16  -  r SS(' iraining BASK KTKAI.IJ By CHARMAINE CHAN SINGAPORE basketball has good reason to be grateful to Shell Eastern Petroleum Pte Ltd. For the young players under the Shell Basketball Training Scheme will, in time, develop with the blend of skill and maturity that could
      659 words
  • Page 13 Advertisements
  • Page 13 Miscellaneous
    • 588 13 I WHAT WHERE FILM $HOWS IT LOOKS like the biochemist's day at the Singapore Science Centre tomorrow. The following shows will be screened at its lecture hail at 3pm: PmUcUm in Fwu reviews alternative methods of pest control that are available and depicts the painstaking work involved in their development,
      588 words

  • Page 14 Advertisements
    • 71 14 SPEGUILraR BUSINESS TIMES 1 Th 0 0 Po Of es No or se ro/ Th 9 a Address V $30.00 lIiIIIII I I I I I I ORDER FORM Mr/Mrs/Miss. To: Federal Publications 1, New Industrial Road, Singapore 1953. Yes, I would like The Edward de Bono Think Shrink. .copy
      71 words

  • Page 15 Advertisements
    • 255 15 iiL, 4p (ME he Vuirno< c o\umn° 1 jo>J tnal W» UP^ V se tH l' frv >.Z 1i «T* 07/ on Sale Now Was Chairman Mao a secret communist? Is America in danger of going capitafist? Do airlines discriminate in favor of baggage? Aueryou suffering from trans-galactic schizophrenia? Is
      255 words

  • Page 16 Advertisements
    • 577 16 m s\\ Earth sea Trilogy A Wizard of Earthsea The Tombs of Atuan The Farthest Shore A work of magical strength and imaginative power; of that timeless struggle between good and evil; of demon* dragons, magicians I and men; of honour and chivalry and of sorcery and the ftword, Ursula
      577 words