The Business Times, 22 March 1980

Microfilm: NL10519
Total Pages: 16
1 16 The Business Times
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  • Title Section
    Masthead
    11 1 BUSINESS TIMES M.C4P) No. 111/l/M SATURDAY, MARCH to, lIM SO CENTS
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  • BRIEFLY...
    • Article
      Lock icon Protest to Malaysia
      54 1 AFP JAKARTA, Fri. Indonesia has lodged a protest to Malaysia in connection with the issuance of a new Malaysian map which includes two islands cMwd by Foreign Minister Mochtar said today; The problem on the islands of Sipadan and ligitan had not been solved by Indonesia and
      AFP  -  54 words
    • Article
      Lock icon Oil price forecast
      70 1 Reuter TOKYO, Fri. Japanese International Trade and Industry Minister Yoshitake Sasaki said he does not expect crude ofl prices, now averaging about USfU a barrel, to rise in the near term as sharply as in late 1979 and January. Testifying at the budget committee of the House
      Reuter  -  70 words
    • Article
      Lock icon Trade agreement
      68 1 UPI WELLINGTON, Fri. The Australian and New Zealand Prime Ministers have agreed to study ways to eliminate trade barriers between the two countries to bring closer economic cooperation. An statement after visiting Australian Prime Minister Malcolm Fraser's talks with New Zealand Premier Robert Muldoon said they had agreed
      UPI  -  68 words
    • Article
      Lock icon More foreign aid
      66 1 Reuter JAKARTA, Fri. Despite Indonesia's improved economic prospects because of oil revenue, it will need more foreign aid this year-and later, according to a World Bank report. The confidential report forecast that the growth rate of Indonesia's gross domestic product (GDP) would increase to 73 per cent
      Reuter  -  66 words
    • Article
      Lock icon Australian diplomats
      64 1 Reuter MANILA, Fri. Australian diplomats from all over South-east Asia will meet Foreign Minister Andrew Peacock in Canberra nest week to discuss the conflicts in Indochina and the Soviet intervention in Afghanistan, said the Australian Embassy. The main purpose of the meeting is to review developments in Southeast
      Reuter  -  64 words
    • Article
      Lock icon Threat against Iran
      32 1 Reuter NEW YORK, Fri. -r Ten Western ambassadors to thjrt conYork Times said. The ambassadors were from the nine European nwwrni Market countries and Greece, a prospective member. Reuter
      Reuter  -  32 words
    • Article
      New Asean official
      30 1 MANILA, Fri.- Mr Narciso Reyes, the PHttpptnes' currem ambassador to Peking, is eapecled to take up the pest of Asean SecretaryGeneral later this year, diplomatic sources reported.
      30 words
    • Article
      Lock icon Dow Jones
      67 1 AP NEW YORK, Frl. The stock market retreated again thfa» morning in the y«H<w of its sixth straight week of losses. The Dow Jones average of 30 industrials dropped L 45 to 787.63 in the first half hour. Losers outnumbered gainers by a 3-to-2 margin among New York
      AP  -  67 words
  • Article
    Chief Price Changes
    140 1 Rises Indices !»>■«■ Hyd Hick Low MM MO 506 233 ♦20 +20 < +7 B.T. Index: Mar V Mar 21 3922.87 WUM PafeMe Textile aoB +5 Industrials: 457.55 4B.43 Qrt—taj Bi» m +4 Finance: SC.JO 836.43 no 210 440 +4 TlnSala nOWB. 417JT 416.06 Paper Prodmli DuJM
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  • Article, Illustration
    KUALA LUMPUR
    149 1 Rites Indices Inch KK 1290 High A Low MB Petaiing 1270 Carlsberg S30 P Textile 201 Kramat 530 Trooofe 1110 Falls G Ropel 404 S Kinta 1040 UM Flour 222 S Land 342 Malakoff 434 S Trading 025 P Bank SO Kucha! 340 +70 +25 +20 +15 +11
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  • Article
    UOL seeks $90m from market
    799 1  -  LARGEST PUBLIC ISSUE EVER By CATHERINE ONG PROPERTY developer United Overseas Land (UOL) will soon make the largest public Issue ever floated In Singapore. The offer, amounting to a staggering MO million, will be made next month by way of a loan stock Issue to
    799 words
  • Article
    Braniff to raise fares
    267 1 BRANIFF International airline will Increase its from Stagapore to Los Ingrtw by 9 per cent from April 1 to offset dearer fuel. Branttrs pi ealdeut and 1 all I II u_ cflm operating omoer, Mr Ugh price of M fcha made tne airline nueinras vary The
    267 words
  • Article
    Intraco near to $40m contract
    386 1 > SINGAPORE"» tuterantkm- 1 tmdtag iipiy, tatraco, Is how within itiUui i irtiwt of HI mfTHnu contract tor th« developt meat and consUuctlon of a market complex In Sri Lanka. i Management sources said yesterday that the company Is currently* having "serious negotiations" with soma
    386 words
  • Article
    No official intervention
    408 1 THE Government, committed 4o the principles of free enterprise, will nqt interfere wtth the commercial logic and workings of the private sector. Thus, if commercial logic dictates a foreign principal to terminate its agency contract with a local trading house in order to set up its own
    408 words
  • Article
    An abrupt end to sharp recovery in gold prices
    158 1 IB Any leeevaey la the prlee ef geld ea WeMwsday eaaaa is an abrapt halt yeslarday vTzzmst level,' geld opened la arij-rs The aaetal retreated SW.TI MUI an eaaee, e«» Bid «Mh is New Teek /«Mess. GeM yeslarday opened MOM lawer
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  • Article
    RAS brings forward deadline for brokers
    452 1  -  By ANTHONY TAN THE Rubber Association of Singapore (RAS) ha* ■peeded up plans to raise »tht financial of its broking 'firms. lids follows Just one month after a member firm, Malaysia Brokers, was expelled lor default on its contracts. The remaining seven firms now
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  • Page 1 Advertisements
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  • TRADE AND INDUSTRY
    • Article
      Consumer price index increases
      468 2  -  By HSUNG BEE HWA THE consumer price Index in February moved up L 5 per cent over the previous iwitK y Food, which accounts far about halt the weight in the index, waa the major contributor to the higher prices. It roee by 18 par cent
      468 words
    • Article, Illustration
      FOR TRAINING OF PILOTS
      229 2 A MAJOR aircraft ma «factum has made a multt-mlTHon doDar salss 0115 planss through its Singapore-based regional distributor, Asrite Aviation Company. The aircraft, 12 Piper Tomahawks and three Piper Semtnoiee, were delivered to the Philippine Airlinee (PAL) by Piper Aircraft Corp (PAC) last December. They wfll
      229 words
    • Article, Illustration
      PEOPLE IN BUSINESS
      242 2 MB JOIN Pearee, executive director of the Fortune Group of Companies, Is visiting Its Singapore office, Advert Mag Assorlsiss. Is review the fTpsnsion programme projected tor the 80s. Mr Pearee will also visit Fortune's other offices In Kuala Lumpur, Jakarta and Hongkong. Bangkok Bank Limited has sppolnted
      242 words
    • Article
      Tonnage of air cargo rises 34pc
      446 2 TOTAL air cargo weight handled by the Paya Leber International Airport and Seletar Aerodrome jumped 34 per cent in January compared wtth the corresponding month lest year. Air cargo handled In this period weighed 13,737 grooi tonnes, as against 10,237 tonnes the previous January.
      446 words
    • Article
      Higher productivity drive
      211 2 THE receat Budget announcement at various Incentives for the maoufacturen and peraoaal to» tax cut» «01 help Stay pore la tta drive towards higher productivity and greater yooomir growth. trom tne uoet umtton oc tax treatment of capital allowances for olnt aad marhtnary aad afco the tax
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    • Article
      Asia Marine exhibition next month well-timed
      335 2 ASIA Marine 80, to be held from April 15 to April IS at the World Trade Centre, cornea at an opportune time. Mr Martin Ashenden, executive director of Eurotech Managements, the firm organising the maritime '■fr'' j wMWHwi «ivi conference, sayl "recent announcements concerning
      335 words
    • Article
      Computer survey
      101 2 THE Ministry of Science and Technology is conducting a third Survey of Computer* in Singapore. The first two surveys were made in 1973 and IST6. The aims of the survey are to obtain up-to-date data on computer installations, areas of application and utilisation, computer manpower and training facilities
      101 words
    • Article
      Preferential treatment
      101 2 WITH effect from nex month, another 13 poducts of Asean origin will receive preferential tariff treatment, with cuts averaging about 3 per cent. Except for sweetened biscuits (not containing cocoa) which has a cut of one per cent to 4 per cent, the rest will have cuts of
      101 words
    • Article
      Automated teller cards printed in S'pore
      383 2  -  By CHOO AI LENG PLASTIC credit cards, identification and automated teller nwhine cards are now manufactured locally by a printing firm, Computer-Forms Toppan Moore (CFTIf). The company, claiming to bt the only one la Singapore oo aacunty printing on computer cnunauous stationery, has embarked
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    • Article
      CHINAWARE CONTRACT
      106 2 ROYAL Doulton, one of the world's largest manufacturers of boat china table «are, is to supply more than G mflttoa worth at Its ware to Shteapore Alrilnes under a two-year contract. The coaftract results from the alrltae's dedrioa to convert all Its crochety nugi—riwlj to Royal Doultoa and
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    • Article
      MEMO PAD
      480 2 aaONARB AND COUBBEB March 21-28: Credit Management, Century Park Sherton Hotel, Acumen Credit Serv-. ices March 24-25: Sales Training, Hilton, Oonsnlssis March 86-28: Finance for Nonfinance Manage», Hyatt Hotel, March 27: An Architect's View of the Building Industry in the flte, PSA Towers, AR Format April 1-4: Efficiency
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  • Page 2 Advertisements
    • Advertisement
      Page 2 Advertisements Column 1
      188 2 HARD TIMES? Despite-a maitable growth rate.of 9 vp-'rcnt last yea.' and a general!)/ "(Cheerful" Budget. Trade.and Indhstry Minister Goh Chok T ?ng warned of 'difficult years ahead. The editorial of the March issue ot Singapore Business discusses some ot the possible pr<.bu-mi. Wt; aslo look at the pertormarK > 4
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  • REGIONAL
    • Article
      Lock icon Going all-out in the battle against inflation
      171 3 UPI JAPANESE Prime Minister Msssyoehi Ohira, whose government has Just authorised s II to SO per cent rise in utility bilk, called far "all-out' 7 efforts to fight inflation. The government's Energy and Natural Resources Agency gave on Friday the controversial godhead to
      UPI  -  171 words
    • Article
      Lock icon Buoyant growth in Hongkong imports
      178 3 AFP LATEST official statistics showed that Hongkong's imports in January for exceeded its duwwlic exports. Compared, with January last year, imports rose by 52 per cent to about US$l.6 bflDomestic exports increased by 31 per cent to 1999 miUWt There was also a 56 per
      AFP  -  178 words
    • Article, Illustration
      Lock icon PEACE RETURNS TO REFUGEE CAMP
      314 3 A PRECARIOUS peace settled an the bettered Kampuchean refugee settlement of camp 304 skmgside the eastern Thai border yesterday following two days of Intense factional fighting. But as thousands of hungry and scared civilians made their way back to the only homes they know inside
      UPI photo  -  314 words
    • Article
      Thai PM working out new policies
      293 3 THAILAND'S new government under General Prem Tinsulanonda will announce its policy statement in Parliament this Friday. The statement will contain the political, administrative and economic policies of the government. Two committees have also been set up by the newly-installed cabinet to deal with the
      293 words
    • Article
      MANILA MAY REVIEW PACT
      218 3 THE Philippine» hinted yesterday at the possible termination or renegotiation of the agreement on military bsses with the US if the US Congress does not provide the agreed military aid. The hint, dropped by Defence Minister Juan Ponce Enrile following reports that the US Congress cut
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    • Article
      SHIPS IN PORT
      446 3 EXPECTED ARRIVALS TODAY KEPPEL WHARVES Charlotte Maersk (after Apennines Maru) 38/39 Golden Fleece (2200 after Jalanmurugan) 6/7 Golden Lilac (1200) 40/41 HaBsho Maru (Tanker) (after Nan Cheng P/O SubaGas Free) 13/14 en (0530 hauls after Nedlloyd Spaarnekerk) 3/4 Matija Gubec (after Kyoten Maru) 18 Pampa Argentina (0900
      446 words
    • Article
      Lock icon China wants US to lift weapon ban
      463 3 UPI CHINA wants President Carter to drop his ban on sales of weapons and defence-related technology to the CTilnest armed forces, s well-informed Chinese source said in Beijing yesterday. Opening the door to a Dow of American military knowhow will be the assignment
      UPI  -  463 words
    • THE REGION IN BRIEF
      • Article
        AID FOR PROJECTS
        294 3 MALAYSIA hu agreed to provide wide-ranging aid to a number of regional projects conducted by the Economic and Social Commission for Aria and the Pacific. Minister in the Prime Minister's Department Datuk Othman Rauf said the aid would be in the farm of finance, personnel and equipment.
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  • Page 3 Advertisements
    • Advertisement
      Page 3 Advertisements Column 1
      156 3 FAR EASTERN FREIGHT CONFERENCE SABAH, BRUNEI AND SARAWAK FREIGHT CONFERENCE FAR EAST/GULF OF ADEN AND RED SEA PORTS CONFERENCE NOTICE TO SHIPPERS CURRENCY ADJUSTMENT FACTOR REFERENCE IS MADE TO THE NOTICE IN THE PRESS ON 21ST MARCH, 1980. A REVIEW OF CURRENCY VALUES ON 17 18 19 MARCH, 1960, HAS
      156 words
    • Advertisement
      Page 3 Advertisements Column 2
      91 3 Si ur. 7.45 am. Four times a week. f More reasons to fly Cathay Pacific to Kuala Lumpur. Convenient 7.45 am departures. Monday, Wednesday, Friday and Saturday. SuperTriStar wide-body comfort Marco Polo cabin for businessmen. Gracious service of multi-national hostesses. Quiet, smooth Rolls-Royce engines. Luxury of the Discovery Lounge for
      91 words
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  • RAW MATERIALS
    • Article
      Decline halted
      290 4 SIMILAR to last week, prices declined tome 14 cents at the start only to recover most of the (hop later, ays Heflday, Cutter, lath ĕ rinpiiy la Its review of the Malaysian and Shy pore rubber markets for the week ended March 30. Easier London advices, and the
      290 words
    • Article
      WHEAT
      218 4 CHICAGO Board of Trade whart futures closed down 7 V 4 to three cents per hhshH on Thursday. lcjg liquidation »«> steady sellingby two wire houses hit, scattered commtssfcon-house sell-stops to close wheat nsnr lows, pit brokers said. After opening higher on export business and a weaker dollar, expo»
      218 words
    • Article
      TEXTILES
      194 4 YARN and cotton prices were quoted as follows in. Hongkong yesterday: (la HK dollars, spot ex-go-down) Cettan pan: China Blue Phoenix AS 2,306; 32s 2,77 ft, 40s 3,000 (per bale of 400 lbs). Hsm feeds: China Butterfly sad Globe brand unq; Dragon Head unq; FtVe Lambs aaq; Want aad
      194 words
    • Article
      RUBBER
      303 4 SINGAPORE prices yesterday closed unchanged from overnight levels after narrow fluctuations throughout the day, with April One RSS buyers quoted at 328.00 cents per kilo, dealers said. Morning prices were marked up slightly on covering interest coupled with speculative buying and some forward demand, they said. Afternoon levels eased
      303 words
    • Article
      RAS PRICES
      279 4 R.A.B. prices In cents per kilo yesterday: Met* does (perkfl Buyers SsQsrs Int. 1 R.S.S. prompt f.o.b. MOJO Int 1 H&S. April MJO tat. 1 IL&& May W OO tat. I R.SJ. MM* UK/Coot MJO tat S RJBA MM UK/OM mM tat 4 RJ.S. MM UK/Coat mOO taLSH&S.
      279 words
    • Article
      SSR and SMR
      70 4 NOON 86R mi SMR pri— j BAJ Hint April ICUTMI Mltl Forfar* MU> SSR K (l-tai 3SR SO (1-loa p*U*t) MMO in WW 1M.00 M40M paU«> WtJOO MuOON MU» MOW sun t? cv n+m a k I® MJQN mooN ii or (!SS (l-taa s MA S31 (X
      70 words
    • Article
      Straits Tin
      44 4 THE Stnjttstla price la SSJrZS aheve Ike lateraatieaal Ttai Agreemeat eeffiag, Men Mil The firmer laerliit wta aided hy higher overseas tlvleei, h> ereaeed US, Einpeu and ftp—an hqte Tstal humu ire» Kd te IISV« leaaee la 19S leaaee Thaaeday aai < per^eeat
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    • Article
      Closing prices
      21 4 Bubb*n Mar 21 Singapore: 82&00 cents (esehanged) Malaysia: April; 389.00 eanta (up 0.50 cent) TteMsa > 3o9 (sp Mf S4)
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    • Article
      RICE
      334 4 SINGAPORE: Yesterday's closing prices la SI per Idlo, ex-godown: THAI WHITE: 160 per cent first class (Kaagaroo) new crop 1.05, 100 per cent second class 0.90, U0 per cent third cjass 0 JB, 25 per cent new crop no stock, B-10 per cent OJO. THAI BROKEN: A-super 0.«, Special
      334 words
    • Article
      PALM OIL
      118 4 THE MARKET in Kuala Lumpur yesterday rakd unchanged on lack at fresh buying Interest, dealers said. In the south, April was traded unchanged at MSLO4O per tonne while the central region was traded at H,BB. The refined market was quiet with occasional light interest. CXF. North European porta,
      118 words
    • Article
      SOYBEAN
      206 4 CHICAGO Board of Trade soybean futures closed down 7tt to SVi cents per bushel on Thursday. After opening firmer-en a weaker dollar, locals and professionals turned sellers, following an easier wheat market, trader* said. Scattered, rrsnnitmlmi house srtl-etops added to d generally negative tone, they added. Early strength attracted
      206 words
    • Article
      LONDON MARKETS
      839 4 COFFEE: Futures closed the morning steady around the station highs and with gains from Thursday of £22 to £10 per tonne. Turnover was 1,777 lots, inrhxting 43 options. Actively traded July had the biggest gain at £1,712 after trading at a high of £1,713, while thinly traded distant
      839 words
    • Article
      Produce exchange
      149 4 CHINESE rnitM Exchange, MM «Msg pfflsss per ffaal yssCmi—l »11: Bulk $102 ■eUers, old drum SUB Milen, new drum $112 sdlers. Cepra: lflxed (loose) UK/ Coot $50.00 buyers. fill»: Muntok ASTA wMte fob 100% NLW $325.00 sellers, Sarawak white lob M% NLW $210.00 Idlers. Sarawak special black fob
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  • ASIAN STOCKS
    • Article
      Lock icon Market dull
      628 4 TOKYO Source: DBS-Daiwa THERE was no particular reason for the market to show aay life yesterday. In the morning ft or, military equipment issuss managed to chalk up a slight gain because of Minister of Foreign Affairs Oklta's visit to the US to talk about the Increase In
      Source: DBS-Daiwa  -  628 words
    • Article
      Lock icon Hongkong
      312 4 Source: SHK Sec THE market moved sideways yesterday in quiet trade awaiting interest rate developments this weekend and some major results. A firm undertone was evident though, but one large seller in the leaders prevented any rise. (keen Island Cement and Hongkong Electric results were better than expected, and
      Source: SHK Sec  -  312 words
    • Article
      Sydney
      291 4 SHARE prices struggled to maintain opening values yesterday as nervous sellers took over from bargain hunters to stall a two-day rally, brokers said. The mixed close saw coal stocks pick up some buying attention diverted from gold issues, but speculative stocks were notably weaker with foreign investors more interested
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    • Article
      Bangkok
      260 4 THE market closed mostly unchanged yesterday after quiet trading, dealers said. Bangkok Bank closed unchanged at 308 baht, Mah Boodroog Drying and Silo at 216, First Trust down one to 90JO, Siam Cement fell two to 252 and United Flour Mill was unchanged at 222. MAR 21 Bahts Asia
      260 words
    • Article
      Manila
      166 4 STOCKS closed generally easier yesterday with turnover rising to 9.4 million pesos tram Thursday's 7.1 million, dealers said. Atlas Con B, Benguet Con B, Lepanto B, Philex B and Ist Phil Hldgs eased while Podco B, San Miguel B, and Vulcan firmed. Acoje Mining, Basic Petroleum, landofl B, Phil
      166 words
    • Article
      Selected indices
      52 4 FINANCIAL TIMES INDUSTRIALS Thursday u_ 4312 Wednesday 432.0 Week Ago 447j0 DOW JONES AVERAGE INDUSTRIALS Thursday 786.08 Wednesday 800M Week Ago 808.36 H.K.HANG SENG Friday ...784.88 Thursday 7M.4B Week Ago 707.43 SYDNEY INDUSTRIALS Friday una? Thursday «07 JO Week Ago 805.7« ALL ORDINARIES Friday unav Thursday 7B6j07 Week
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  • Page 4 Advertisements
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      Page 4 Advertisements Column 1
      68 4 co T Uom the \oorna* V eS^ a n \NaW suee The^ a uU i \V>S* V stivu I* 4 5 \*f 3|> *r».. ;«2 r V J 'S. > 3*s 2 ■■"!Wr W X rr ■M- > llP* I*?.--. -V-i? J-i.,:i_ .1"" MB& S: -v ;> v,|v -r\ c*
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  • OVERSEAS
    • Article
      Lock icon Demand for oil products fell sharply in Feb
      265 5 UPL US DEMAND (or all petroleum products plunged by a record 13.1 par cant I» February (rtn year-earlldr levels, the American Petroleum Institute (API) oo Thursday. The OH Industry Tirade Association doflnss tnterm» oI domestic dcMveriea of petroleum products from primary storage.
      UPL  -  265 words
    • Article
      Call for support against inflation
      267 5 US TREASURY Secretary WQllam Miter urged the American business community to n«t the Garter Administration's programme to combat surging inflation. The programme of major budget cuts and credit restraints Is a powerful one entailing the biggest swing (ram deficit to surplus in US history, llffler
      267 words
    • Article
      Lock icon Forecast of 2pc growth for US
      289 5 Reute REAL economic growth of the United Stateo for the first quarter Is expected to be at an annual rate of 8 per cent. That would be the rate at growth aa in the fourth quarter, said Commerce Department chief economist Courtenay Slater. But
      Reute  -  289 words
    • Article
      Lock icon America to suspend steel trigger system
      336 5 Reuter UPI THE US said it wffl suspend its two-year old steel trigger price mechanism in reaction to US Steel Carp's anti-, «jumping aultß. John Greenwald, Deputy Assistant Cowmeme Secretary for import administration said the anti-dumping petition expected to be (Dad makes it certain
      Reuter; UPI  -  336 words
    • Article
      DAILY AIRCRAFT MOVEMENTS
      739 5 IfrJ- ARRIVALS Service Local Operator Nuber Tiae Fhmi CAL j SU PAA MH SIA/BA cm SQ913 PA0O5 MHGQ1 SQ/BA17 MB 0020 (US <*45 0008 TPE < HKG NYC/SFO/HKG KUL LHR/BAH MAS MH682 0710 KCH SU MAS SQ101 MHS& 0815 0640 KUL PEN MAS MAS SU CAL CPA
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    • Article
      Lock icon Bonn may boycott the Olympics
      286 5 UPI A WEST Gsraan boycott of the Moocow Olympics may be "unavoidable" unless the Soviets withdraw their troops from Afghanistan, QmnoaPor Helmut Schmidt aald. In ja state of the nation speech to Parliament on rnuraaay, acnmwt reiterated earlier government statementa that the Soviets should "create
      UPI  -  286 words
    • WORLD IN BRIEF
      • Article
        INCREASE IN EEC PRICES
        457 5 CONSUMER prices rose by 1.3 per cent la the Europesn Common Market last month, or 13.9-per cent over a year ago. The EEC Statistics Bureau said all nine member states contributed to the rise in the price index, hut Italy and Britain had the sharpest increases.
        457 words
    • Article
      Lock icon Warning against use of force to free hostages
      294 5 AP ANY American attempt to try to end the Iran hostage crisis by military force would "create an explosion" in the entire Iflddle East < "H you think you can solve this problem by force you are wrong," said UN secretary general
      AP  -  294 words
    • Article
      Lock icon Defence treaty for Israel?
      562 5 UPI THE United SUtes may offer Israel a mutual defence treaty m an effort to resolve the deadlocked Palestinian autonomy talks. The Israeli state-run television network reported on Thursday that President Carter is likely to bring up the the defence treaty idea during his meeting next
      UPI  -  562 words
    • Article
      Lock icon Britain standing firm on budget
      390 5 Reuter BRITISH Prime Margaret Thatcher has reaffirmed her government'! stand on Britain's contributions to the EEC budget, but rejected a «ggsstion Britain should impose a retaliatory price surcharge on North Sea oil, the Press Association reported. Speaking in the House of Commons on Thursday, Mrs
      Reuter  -  390 words
    • Article
      Lock icon Rise in UK capital spending
      113 5 Reuter CAPITAL expenditure by British Mwfirtelin, distributive and service industries (excluding shipping) row S per cent to s record £9.04 button last year at 1975 prices. Revised Industry Department estimstes show that Investment in the manufacturing industry last year was £3.84 billion against £3.85 billion
      Reuter  -  113 words
  • Page 5 Advertisements
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      Page 5 Advertisements Column 1
      200 5 TAX HAVENS Tax Havens-where are they? How can they be used? How can you cut your taxes by using them These are just some of the questions which are answered in this valuable guide. uOBhT r" jti iiiipM •4111 liiT« tool for anyofid \Jmo wants to pay less tax. The
      200 words
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  • Article
    Educate them to choose correctly
    355 6 MEMBER of Parliament Mr Eric Cheong's remarks about foreign principals withdrawing agency lines from local companies drew a predictable reply from Trade and Industry Minister Mr Goh Chok Tang the Government will not interfere in commercial arrangements such as agency contracts. Indeed, it would have
    355 words
  • Article
    Maintaining links with our past
    359 6 SINGAPORE'S tourist attractions, warns Mr Goh Chok Tong, are in danger of becoming stale. Fresh Imagination most be used to find new attractions to delight visitors and encourage them to stay a little longer in Singapore. Mr Goh also warns that tourists wffl not travel
    359 words
  • Article
    Learning from the Japanese
    1393 6  -  LESSON IN MANAGEMENT "Alter an initial period o! shock, hurt pride and shattered arrogance, came a cold realisation that unless we did better, snd very quickly at that, we would nearly cease to exist in the market," said Fuji-Xerox president Yotaro Kabayashi of the way his
    1,393 words
  • Article, Illustration
    Horse-trading at EEC level
    376 6 always heea sesaewhat lag, hae reared tta heai at It Ns at (tot heart af a reeeat Brtttoh ritoslalat to the Earepeaa CtaunWta m the lapleaeatattea la Praaee aai Irelaai af a Ceaalaarttj h* aa vatoe aMet jrrtstoj'af rell wLrere!** 6 Staaaeh Brtttoh paalera fed that
    376 words
  • Page 6 Advertisements
    • Advertisement
      Page 6 Advertisements Column 1
      145 6 H* together the most sophisticated VjV' 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 vjuly 1980, will be widely promoted throughout the region to
      145 words
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      Page 6 Advertisements Column 2
      0 6 ?~?<|;-`?"_,$[_;=))&/:"~'~(*}=-
      0 words
    • Advertisement
      Page 6 Advertisements Column 3
      28 6 Kuan '.GSSJ •Science-Fiction •Comedy •Drama *Feeture Films •Cartoons •flock-Dtsco-Concerts •Sports ♦Learning Self Development Etc, PRE-RECORDED VIDEO CASSETTES IN COLOUR 10M U.S.A. 4 EUROPE k Full tittM to tram
      28 words
  • Page 6 Miscellaneous
    • Miscellaneous
      Page 6 Miscellaneous Column 1
      1089 6 I SINGAPORE 5 vv 12.55 PM Opening and Sesame Street 6.40 Itrng Ramsay 2.00 Saturday Matinee Watusi 125 ABC Mil World Of Sports 4.15 Tht Wattam 5.05 Sandiwara Jodoh (repeat) C IC Inil xmnny vjfpnv« €.00 Hanyu Pkiyin (repeat) 6.30 Hews hi Mai 6.35 MM Mary 7JO Haws (Malay) 7.45
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  • Article
    Lock icon Waiting for the President to take off more
    821 7  -  FORUM with LEONARD BILK NYT PRESIDENT Carter has now unveiled his latest anti-inflation programme, but he has removed" only the top veil, and, like Salome, has at least six veils to go.' Where will he make f US$l3 billion to $14 billion
    NYT  -  821 words
  • Article, Illustration
    As India faces threat of a giant deficit...
    2044 7  -  India's booming exporting sector has lost much steam today. Export growth has slumped for a number of reasons, 'among which is its carefully checked and balanced system of licensing restrictions that has prevented the emergence of a full-blooded export regime, reports KEVIN
    2,044 words
  • Article
    Lock icon ... come-back by MNCs may solve its problems
    943 7  - come-back by MNCs may solve its problems By ARUN BHATTACHARJEE Depthaews Asia BUFFETED by OTWffltf problans, Turtle's hard-line stand to protect the country from the Inroad* of transnational com pantos has shown signs of softening. —WW once branded as economic heresies that the International Business Machines (IBM) and Coca-Cola of
    Depthaews Asia  -  943 words
  • Article
    Banking on CPF savings
    505 7 Letter to the' Editor Daw Or, I am indeed pleased to read that the Government is beginning to show concern over the future purchasing power of Central Provident Fund savings. I am happy with the management of the country during the past 20 years though from
    505 words
  • Page 7 Advertisements
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      Page 7 Advertisements Column 1
      456 7 why not be a I XVy f; I Tbp man earn top money when qualified Full training for UCTA Diploma Exam The man In thee* copld ba You The house and family could bo Yours. With you in a pmpiwui naw Job enjoying a new lift a happier Irfa, a
      456 words
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  • INTERNATIONAL STOCKS
    • EUROPEAN MARKETS
      • Article
        Paris
        245 8 MAR a» Fr» CORBEILLE Air-Uquld* BIN Otmu 404 901 -4 Car (Tlioauon4M •u CM FranctlM <M* Mroln nntnettr* saue -4J rnHffnn Onmli PT«I1|1 ffnjir Ur 334 -1 viwiu runcNi Dt rrmnet OS iiiiiwm (imniw MS .1 wciiinM nil MftchtUn (B) PlTlbtft 3*30 •no ***** •14 •U rvcnint/ tifinf Kithl—nn
        245 words
      • Article
        Brussels
        74 8 MAR m FORWARD MARKET *<—<• Artoad AMur UfM j :h Braacan Bru-Lanb 714 1«W 4 -N CtxiDte 1Q» I UIM th Da Baaia Eh*i M 1M •1 *2 J •K 1 EUctrotwl Ob-lnno-Bm timm ~1 1) un. -M b T*T Tt♦u a ♦w i i Tmnkm U MM V
        74 words
      • Article
        Frankfurt
        153 8 WAR 30 Dm Acg-T*l*runken MJO tU Ate 11 JO «U AUS utan mas -4 h)HT Wtank Bt; Vfeanfc mm ir» BW MM 11 ♦M 1 1ST I::::::::::::-: UUI 3MJ0 I BMW 'MM Cuaall* SUMS mat sr MM OJ -u ♦t.1 1J -M Dvmac Dtuiacb* But XMJt Dt Ttllrn Djrck*rboff
        153 words
      • Article
        Amsterdam
        170 8 ma* *y n* abm i torn AhoM MM +1.7 Ak» MOO <-0.1 A IB.00 +M Antw (MO nneh Amro lut MM fU ferE"" SS +1 Bot* SAM meh Bonuouj MU unci) Mirtimnn L. MM -«J Bytnkarl MM +11 Calm Doift IMM/ *U OUt MU MM' *U taniA IM.M -U
        170 words
      • Article
        Zurich
        122 8 MAH SO ACUOTU ftlllH 'tllUI rm *m ISM «SJ .940 ice US BID U3 ace m 1000 too MOO 2000 2900 MO sooo M MO neh > rti Hero Br Hotftun La Roc he l/UL. MSS -1 MO M -4 ISM -1 no DM M MO I0M 1M0 NoU*
        122 words
      • Article
        Milan
        97 8 MAR Lira Anlc l.« «045 Ajaoc Oen «7S80 -40 Bwtofi an jo n.s cwtim ms -75 Put 3012 PtlMMor (US +075 0«n iDUBftl M 1.7» in prt_ auo Ullll—| 1M00 190 lUlffM OH +7 luisklcr SM *1178 MipN M W MO -11 Marelli Ere «JO ♦IS Med tot) «000
        97 words
      • Article
        Prices plunge on recession fears
        1027 8 NEW YORK THE NEW YORK stock market on Thursday Ml sharply to moderate trading amid increasing signs the US economy could eooa tip into a ruifhw The Dow Jonas Industrial average Ml 12 points and declines led advaacas two to one but turnover slowed to
        1,027 words
      • Article
        TORONTO
        170 8 MAR IB CS Homi OU fcj». 1 Hud B*J MIS n >s AMtiM urn OH -I »S!hr jr. ton v. -s "Z* S—r S. In* Pro* Plpt M ,iiMh rf tot UN HN S inu meM ST. -fin BukHow Scot* ST. KMT AM 17 -1 M TM- U «m««»
        170 words
  • Page 8 Advertisements
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      Page 8 Advertisements Column 1
      81 8 Where to wine, dine and entertain Feast like an emperor at Chinatown i-m bW' Our chefs can whip up culinary delights that would excite even the most demanding of emperors. Here at The Chinatown, we serve Szechuan specialties. Name your favourites Or ask for our recommendations. Then be treated to
      81 words
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      Page 8 Advertisements Column 2
      146 8 hor sushi. For teppaneaki [-or other authenticall Japanese delights. )fvr; ij'.ra/ l. f t\< u>n /->' p tr, 6 .'v!)p m. 10 .>/ J /or reservations call /o7 <'l 111 11'\ I 'nrl% S|ici';ili>ii Si <» 5Y h W 3 HUGOS BUSINESS LUNCH >:* V" »1 !>v 3 ley Of
      146 words
    • Advertisement
      Page 8 Advertisements Column 3
      59 8 8m Pag* 4 lor Asian stocks 800 Pago 9 lor Jo'burg price* A cosy and casual haven for all. The food is simply delicious and the door never closes. So night birds come and make your scene at the Trishaw Coffee House. m V. Hotel Royal Norton Row). Singapore 1130.
      59 words
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      Page 8 Advertisements Column 4
      193 8 Singapore-style sBilton style, lah at Htfi s That s a hero >ou >■? .1 selection of typt mi v CantoneS'' ivo u r •t e s Apd our very o/. Flavours of Singapore No mess No noise Just great cho»N In the comfo'l and sereni?, o 4 the Hilton If
      193 words
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      Page 8 Advertisements Column 5
      84 8 7T Tj rt ODLTU. t J H rfcLYZ'tfL I n\i Sim! li iitivlC t. 1.1 \iii 14 1* 1 Ronnie CTrio ?4 Robin's Tavern. The place to go to, after work. To relax, and to eqjoy your favourite drink. In a cosy, soothing <y atmosphere with cool, J \L-> cool
      84 words
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  • BANKING AND FINANCE
    • Article
      Medium-term lending topples Eurobonds
      699 9  -  SHIFT IjN INTEREST By LEE YOKE MENG EUROBOND trading in the first two months of this yetr was increasingly overshadowed by new medtumterjn bank lending on the International markets. 1181 m Hwti I ah m m According 10 onusn merchant hankie sources, the votane of new
      699 words
    • MONEY AND EXCHANGE$
      • Article
        London
        405 9 THE U.S. dollar extended its gains in the Far East yesterday in fairly quiet opening trading here, toasted by firmer Eurodollar deposit rates, dealers said. The dollar roae to L8770/ 80 marks after an opening 1.8740/50, in line with late Hongkong levels, but up sharply on New York's 1.9640/50
        405 words
      • Article
        Hongkong
        179 9 THE U.S. dollar rose against major currencies in active late trading yesterday strengthened by strong European demand for the currency on expectations of firmer Eurodollar deposit rates, dealers said. The US unit was quoted higher at a late L 8745/50 marks from an early 1.8081/ 86 and New York's
        179 words
      • Article
        Treasury bill tender
        55 9 RESULTS at trader held on Ma«ch 14 tor 91-day Treaaury biUa to be lamed {ran March 17 to March 21. (MM: $40,000,000 l||Sil tar: SUMOO.OOO > ASeMed: 140,000,000 Ampul Mia: 08.» aad approximately a pa- cant higher bids la full. I Average rate M «atea* aa alet
        55 words
      • Article
        JOHANNESBURG STOCK
        321 9 MAR 20 Rand Tl« Oats Tongaat 1425 070 unci) unch INDUSTRIALS Trust Bk 113 1 IJn steel 106 unch A Alpha t as 5 unch unch 10 00 Unlsec 215 5 Abercom AE And CI AMIC Barlows -i. 5 805 2100 910 1100 wool worm MININGS Anglos 13(0
        321 words
      • Article
        GOLD
        312 9 GOLD futures in Singapore yesterday closed easier compared with overnight levels in thin trading, dealers said. Opening quotations were marked down between US$lB to $35 an ounce fallowing the metal's decline in New York overnight. The market then traded steady during the morning's trading before recovering around $5 in
        312 words
      • Article
        PLR
        23 9 THE average rale at which major Singapore haah» are currently prepared to lend to their beet cos toners is 11.3 per cent.
        23 words
      • Article
        Singapore market
        464 9 THE MARKET was very quiet yestcrdur morning bat trading ejjfcig up fimtMfrably when London trading started. Speculation that US interest rates may be raised to 19 Vi per cent resulted in a firmer dollar. From an opening of 348.70/80 against the yen, the dollar strengthened to 249.10/20 when
        464 words
      • Article
        TOKYO
        137 9 THE U.S. dollar for overnight delivery yesterday closed firmer at 249.15 yen, up from a 248.80 opening and 249.10 at Wednesday's close, dealers said. Trading was light with volume of US$475 million. After opening easier, the dollar firmed to the day's high of 249.20 yen in midafternoon on limited
        137 words
      • Article
        ASIAN $ RATES
        154 9 ASIAN RATES ASIAN currency deposit Interbank rates as at close on March 21: M0SUMX4 mill! gggggs UjUMan^Bpt) 16H iev, 19 3/10 It 1/16 16 13/*****1/16 191/16 1616/16 IS 1/16 1616/16 1715/*****6/16 1711/1617 6/16 1 month 3 months S months 13 months SwJn. Das. (MMIa MM) 38/16 86/16 6K 88/16 6V.
        154 words
      • Article
        Discount
        47 9 RANGE at pricca oflcre d by dlacount houats on March 21 Overnight: 7% Call depoaits: 6 T* Baytaf 1 3-month Mliac Treasury bUU 7 3 month Bank bills 11 10H 3 months CD 11 VIS 113/16 0 months CD 117/14 ii s/ie Source: National Discount Co
        47 words
    • Article
      Lock icon BONDS & LOANS
      225 9 BONDS LOANS Reuter TtiE ASIAN Development Bank has announced the approval of a USss.® million conct—tcwul loan to finance the agricultural support facilities project in Laos. An official ADB release said the project would benefit about 2,500 families wfth the installation of pump irrigation, extension and farm inputs, rice mills
      Reuter  -  225 words
    • Article
      Malaysia's policy on reserves
      318 9 IT IS the Malaysian government's policy to maintain a reasonable mix at reserve assets to Its external reserves portfolio so that the entire portfolio is well protected against capital loss arising from currency fluctuations and changes In the price of gold. Describing this policy ss prudent,
      318 words
    • Article
      Latest banking technology to be shared
      369 9 BANKERS in Singapore will have an opportunity to learn about the latest development» in electronic funds transfer (EFT) and hanking automation when an international congress, "Technology and the Future Bank", is held in the Republic soon. To be staged in June in conjunction with
      369 words
    • Article
      Factors for recent rise in value of the yen
      259 9 THE MARGINAL Improvement In Japanese trade figures was one of the mala factors behind the yen's recent appreciation in value. According to the Manufacturer» Hanover Trust'» latest currency review, the Japanese unit may strengthen further against European currencies and the US
      259 words
  • Page 9 Advertisements
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      Page 9 Advertisements Column 1
      247 9 The Straits Times DIRECTORY of Singapore The Straits Times Directory of Singapore (also known as Buku Merah) has been developed over a period of 82 years. It provides the most comprehensive information on companies' profile including their management personnel, agencies and representations. The acknowledged value and increasing demand of this
      247 words
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  • Article
    BUSINESS DONE ON THE SES AND THE KLSE
    1013 10 BID aad attar prices officially Naiad aad baataaas ia and reported to the Stock Exchange of Tlaminrr yeatardey with the muaber of abarea traded abova la bracket» ia lota of 1.0»- uaita, ualaaa otharwiae SECTION ONI INDUSTBIAL COMMKBCIAL AMM (3418 1MB) (13)
    1,013 words
  • Article
    Unit trusts
    83 10 rpnPnirw rprnfeefM S'porllnWfM -trim. LIT lJfcri LM U« LM UB |j| jcw—tfi m»i gna M LSI pom LS r*n*+*yrmi mowTi M>tPr«VM Mai Smrtty rtad lUB^qilW IM IM L* US L« LM Ll» UM FMBMn flMMd B'pirtrm TM BJntr* FoarHi B'patr* Cm B*putr» fltactk BSI SSiKS^; hr Mar IS
    83 words
  • Article
    SHARE INFORMATION SERVICE
    2609 10 197W1M0 Hick Low Coatpaajr K Last Sale +*rOr"s Dhr Dfr CVr Grfs TM Net P/E Vel rooo) Day High Lew w 8BCTION ONE < INDUSTRIAL A COMMERCIAL 223 149 207 123* 110 Acot A J com Alljtod^Choe Bata Ben Berfeya Kawat Boustead Uraiitaaflro C C an 223
    2,609 words
  • Article
    In Kuala Lumpur
    1424 10 BID and offer prion listed ud bodwi in ud reported to the Kuala Stock Exchange jaMbiiMj with the number at shares trnded shown in tracfcett In lot» at 1,000 units, unloß otherwiee specified. DoamiU T~ (L 448 MK) Aim (1UB) a) IU A Ckm (L2IB AMD (M7B
    1,424 words
  • LATEST RESULTS
    • Article
      BENONG Tin Dredging
      63 10 has reported an unaudited net profit of $136,490 ($121,066 previously), after taxation of «99,000 ($59,000), for the six months ended Dec 31. The company has declared an interim dividend of 3 pence gross (same), payable on April 21. UK stockholders will be paid via a UK paying
      63 words
    • Article
      Carlsberg Brewery Malaysia
      20 10 has reported a pre-tax profit of $8.4 million ($6.85 minion) for the year ended Dec 31, 1979.
      20 words
  • Article, Illustration
    Share prices slip after earlier spurt
    308 10 ATTEJt a fM apart Itarstay, prices <nil H ■<—!!/ darlag yeeteraaj*B Mkg at the flagattoiaj a gmerafiy setter tsas thea la the preHsM OhMmn acted that price ■•TiiHti were Timimt were all eaatleae. At enwt price Am ilnnii said the te wMMi kayhvaiTS tlw
    308 words
  • Article
    Prices close easier in K. Lumpur
    550 10 PRICES drifted to a slightly easier close in fairly quiet trading on the Kuala Lumpur stock market yesterday. Traders were still cautious, and reluctant to enter Into tregh commitments in view of the present uncertainty in the market In fact, market operators were waiting
    550 words
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  • COMPANY NEWS
    • Article
      W. Jacks replies to queries
      304 11 WILLIAM Jacks Had Company (Malaya) Bhd has repuea u> queries iram toe stock exchange on its sale of aa initial 33 per cart stake in it» tUlayiMn operating subsidiary, WQBam Jacks and Company (Malaysia) Sda Bhd, to Syarikat Permodalan r '(SPK). The company yesterday «aid
      304 words
    • Article
      COMPANY BRIEFS
      431 11 &-.THE KLSE has asked H4MHi Beat (M) to farniah aJ-it with nan information sj' Has wAtny wants to IS AM M H i Know I! turn mi my expect—a t ntiti u k.M c&tage in proctaouityia respect of the current year J£as compared*} the finan--,-dal year ended Dec
      431 words
    • Article
      Buy selectively on weakness says Lyall
      739 11  -  By STEVEN TAN ANY major raDy (ia the short-term) by the local stock market on oversold considerations may be cut short by the supply of scrips bought at higher levels. But exceptions may be made of those stocks which represent fundamentally good values and
      739 words
    • Article
      DIVIDENDS ANNOUNCED
      446 11 -J V •-> Cvrat fa Book* Date Total fer Tttal fer k Pajant DtU CImi PayaMe tfce year Prerteaa year Uani MI Peb27 Mart MarM 2* XS»(a> BKawet 6* IT* Feb27 Uv> MarM MTI 13* T* Prtaaa lS.7*(t) liar 11 Mar 18 MarM *7*(g) M7*(f) KLbfMf 15*, PabM
      446 words
    • Article
      SCRIP ISSUE
      194 11 Coaipaay ParUcalar* Ex Date Books Clooo Teaerloh Bonus lame o(l fori Mar 13 Mar 25 Sin* Dirbjr Bonus Issue of 1 for 3 Apr 16 Apr 20 GKeat Bonus Issue of 1 for 2 Apr 29 MayS 8*1 Prop Bonus Issue ot 1 for 3 Apr 30 May
      194 words
    • Article
      Gains at Synthetic Resins up 150 pc
      98 11 BYNTBBTIC Basins (Mnhyda) has again rehajrf set of hnpnmfve j^dSmlJaiS hrttTflMl bed year ended Oaedl Jasaped UB per seal la Mll.M sßn (rem USMMpravMy. After n lan charge of •MMH (nil fiiihlj), net fMßtalaad al fLS mß> per eeni ever Tmmtm reae ftp
      98 words
    • Article
      Higher costs may lower Petaling Tin earnings
      637 11 ALTHOUGH Petaling Tin I* ,1» at ti expects its proaacuon oc an concentrates in the current year to be "aomcwhat higher," profits will be affected by the riaing coats of -.fc. 41production, unw tne an metal price knaps pace (with the higher costs.
      637 words
    • Article
      Leap in profit at Timuran Holdings
      367 11 WITH the benefits of coomnptioo pattern prevailing in Malaysia far the better part of last year, Timuran Holdings has turned in better-than-expected «arn4i»ff« again The operating profit far the year to Dec SI, 1979, roae by 4105 per cent to UfIJM million, exceeding earlier
      367 words
    • Article
      COMPANY MEETINGS
      439 11 ULU Beaat fianBislil hiBtriM (M) Wki: AGM to be held at No 21 A 23 Jalan Hussein, Ipoh, Perak at 11.45am on March 22. Jabaa Beldlags IM: BOGM to be held at Annan, Wong, SaDeh Co, 4th Floor, Kompleks Kewangan, Jalan Raja Chulam, Koala Lumpur, at 12 noon
      439 words
    • Article, Illustration
      Lock icon UOL's novel way of raising funds
      661 11 WO3 by HOCK LOCK SIEW IN the UOB group's typical United Overseas Land yesterday unveiled a "novel" method of raising funds to finance the eipanston of its development activities in the Eighties. And a whopper of a novel idea it is, too. U all
      by HOCK LOCK SIEW  -  661 words
    • Article
      RESULTS DUE
      204 11 DM La *MY«sr PHM AsMsasad Net EPS Gvms Pretax 1MB (ens) Dhr. Pnfll UOB <!"*D F 27/2 19.0 all. 4 35,829b UOF F 27/2 17.5 10.0 6,455 Sealkn F 1/3 6.8 5.0 4,057 Apollo Ent F 6/3 7.4 7J 4,353 Gratings F 9/3 1 22.0 12.5 44,279 KLlnd
      204 words
  • Page 11 Advertisements
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  • Article
    Keeping a Soviet lid on the Indochina conflict
    427 12 rr IS unlikely that the Soviet Union would want to start new conflicts or aggravate existing ones in the world. This is partly because its involvement in Afghanistan has caused an international reaction which it did not quite anticipate, said Mr S
    427 words
  • Article
    LONDON STOCKS
    803 12 LONDON, Fri. The market closed quietly mixed, dealers Mid, and at 3pm, the FT index was down 4.9 at 428.3. -Gold shares rallied from opening km levels to U51.25 either side of yesterday's close. Government bonds qencted quietly to yesterday's monetary proposals from the UK authorities and drifted
    803 words
  • Article
    Tasks facing the tourist industry
    497 12  -  REPORT PREPARED SOON By WANG LOOK KEAH A REPORT which is expected to chart the progress of the tourist industry in the 1960s will be drawn up soon. It will be prepared by a working group to be formed after the seminar Tourism in the
    497 words
  • Article
    Suggestions to reduce car population
    565 12 CAR advertisements should be banned and the down payment on the hire purchase of cars increased to 80 per cent, said some MPs supporting the Government's car population growth control policy. Speaking at the Parliamentary debate on the Ministry of Communication's estimates for the year,
    565 words
  • Article
    NO NEED FOR GRANTS
    166 12 THE Defence Ministry no longer needs a Government grant (or its Military Welfare Fond because it now has resources of its own. Mr Bernard Chen, Minister of State (Defence), assured Mr Ng Kah Ting (Punggol) that the token grant of HO for the fund does not
    166 words
  • Article, Illustration
    Lock icon Japan promises to raise military expenditure
    293 12 AFP JAPAN has promised to Increase its military budget progressively and to spend more on its own defence, State Department sources said in Washington on Thursday after talks between US Secretary of State Cyrus Vance (left) and Japanese Foreign Minister Saburo Oldta. No figures
    AFP  -  293 words
  • Article
    Lock icon Economic decline
    143 12 Reuter PARTICIPANTS of the Kiel Institute conference expect a worldwide economic decline in the second half of this year, a ■pntawmin for the institute said. They agree during the conference in Kiel that the outlook into 1981 has significantly worsened owing to deteriorating inflation caused by oil price
    Reuter  -  143 words
  • Article
    Lock icon No Coca Cola at Olympics
    80 12 Reuter OOCA Cola Company will comply with Prtsidtnt Carter's appeal tor nonparticipation of US companies in the 1980 Olympic Games in Moscow. The company has notified the President of this. Coca Cola was to have been the official soft drink supplier to die Olympics. The
    Reuter  -  80 words
  • Article
    S'pore trails Taiwan by a wide margin
    271 12 DEVELOPING countries sold more than US$l3O million worth of wooden furniture to the United States in 1978 but Singapore's share came to only 18.5 mill ion compared with Taiwan's $92.6 million. Taiwan is the-largest supplier among developing countries followed by Korea with $12£
    271 words
  • Article
    SUPREME HOLDINGS
    84 12 MR WILLIAM Frederick Stubbe, Queen's Council, was admitted to the bar yesterday to represent Mr Lau Kieng Wee, a minority shareholder who is seeking a High Court order to wind up Supreme Holding» Ltd, owners of Supreme House in Penang Road.' The petition for his arinrt—ton was mowed
    84 words
  • Page 12 Advertisements
    • Advertisement
      Page 12 Advertisements Column 1
      152 12 @|%)!&+|@_(}>{+'!:$;].+*+:<>~^| Business Times is the most cost-effective medium you can buy. \burad gets more bite in Business Times I i Everyday 30,000 people make it their to capitalise on this particular strength, business to read Business Times: local What's more, Business.Times is surand expatriate businessmen. The industria- prisingly cost-effective. Its
      152 words
  • Page 12 Miscellaneous
    • Miscellaneous
      Page 12 Miscellaneous Column 1
      57 12 Outlook for; Singapore from a.m. to 1 pan. today: Mainly fair. Report tar M hnn prtor t* IJI pjl a Mar a at the atrpart. Maximum temperature 32.3 Associated humidity 87 Minimum temperature 8.6 Associated humidity Hours of sunshine... Rainfall in M Twee Total rainfall for the month ...>r J57.0
      57 words
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  • LEISURE TIMES
    • Article, Illustration
      Re-enacting another surrender
      464 13  -  By RAHIM KASSIM THEj SENTOSA Development Corporation has deto add a new feature to to present Surrender Chamber to provide visitors a better perspective of the historical events that took place during the Japan's Malayan -I*lgn corporation's development department has embarked on a project to re-enact another
      464 words
    • Article, Illustration
      Imaginative concoction
      692 13  -  WEEKEVD eOVBIET By CHOO AI LENG BUFFET lunches are rarely satisfying as most of u£ tend to overeat or to miss out on the best dishes. As a result, many are inclined to associate a buffet with a heavy meal. I, for one, have always been thrilled at
      692 words
    • Article, Illustration
      Traditional roles
      760 14  -  By NG LOKE KOON KRAMER vs KRAMER is an hstt'tniwit of modern life in which marriage and career seem to be incompatible. It is also a little more than that It is a tourtiing love story between three people who love each other. Ted Kramer (Dustin Hoffman) apparently
      760 words
    • Article
      Talking to himself
      345 14  -  JOHN LIM DID RONNIE Corbett evei talk to himself? Did he evei panic and did he ever lost his grasp on the sense <X time with every minute seemingly longer than 6C seconds and an hour eves more than 60 minutes? Yes, Ronnie Corbett hai talked to
      345 words
    • Article, Illustration
      Festival Del Cinema Italiano
      407 14 A FIVE-DAY Italian Film Festival will begin at the RELC Auditorium next Wednesday. A of the festival is the awardwinning film The Clogs' Tree with a cast of peasants of the Lombardy countryside in Italy. This film, in colour with English subtitles, won the first prize
      407 words
    • Article
      Films at Maritime Museum
      192 14 THE FILMSHOWS for the rest of this month at the Maritime Museum, Sentoea, are as (oUowb: On Sundays, at 10am, 12.30pm and 3pm, Great Barrier Reef. On weekdays and Saturdays 10am: Hovercraft N4 (the construction and performance of the world's largest hovercraft). 11am: Shipsprop London (production
      192 words
    • Article
      Akin to telling bedtime stories
      785 15  -  By RONALD KOW JHERE JUST seems to be If end to these series of stories on the recently Concluded Asia Group Three Pre-Olympics Foothall Tournament, the fritters themselves must k getting bored. For the readers, the feeling must be worse. So even if it is
      785 words
    • Article, Illustration
      Shades of Bonnie Scotland!
      900 15  -  I A R D FAIEWAY THE TAN AH IfERAH golf course at Changi will bring a new dhn—ion to golf in the Republic. As befits its seaside location it is being constructed to resemble the long rolling links courses that are studded around the Scottish shoreline.
      900 words
    • Article
      BEST OF THE TIMES
      52 15 MEMORIES of these geed •Id days were revived At The Best sf Times IM*»I9M Exhibition whieh v ceded yesterday. OrgMrised by The Times Orpatattn, It was held la eeajsactiea with the Wsrld Photographic CSfTf, Exhibition aad Salsa, at the Maadarla Hotel. The exhibition received overwhelming bom
      52 words
    • Article, Illustration
      Get those legs in shape
      648 15 GONE are the maxis, midis and boots to make room for for a hemline that plays around the knee and even jumps a couple of inches above it. This year also Introduces the winter bermuda, or should it be renamed the Cortina, after the famous
      648 words
    • Article, Illustration
      Harmonise with Joy
      464 16  -  FROM THE HORSE'S MOUTH By HYPERION Tune in to ef Harmsay for Sunday's 2,400 metre Singapore Derby. The handsome bay gelding by the English Bire Roan Rocket is probably the best horse on the local drcuit that has still not won a classic. Although running some first-rate
      464 words
    • Article
      THE DERBY
      764 16 Runners, riders and form guide for the Singapore Derby to be run at Bukit Timah on Sunday. Fifteen horses will contest the 2,400 m race- with a purse of $56,000 to the winner. Figures in brackets after the horse's name represents the barrier number from which they will
      764 words
    • Article, Illustration
      They promise lots of fun and power
      1004 16 ■OTOBHTO "withT^ermes A NEW decade has dawned. Motorists and manufacturers alike are beset by the now not-so-new spectre of higher full prices and a continuous rbund of legislative laws to make motoring safer for eveiybuly that takes to the streets. Manufacturer! are constantly
      1,004 words
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      Page 13 Advertisements Column 1
      69 13 Plain paper copiers by offices worldwide CALL *****5. fV! Wywy Private Limited ■■> Wywy House, 17 LengKee Road, mmWm Singapore 0315. _rcMDS_ I Traditional rolaa maintainad in Kramar va Kramar II Shadaa of Bonnia Scotland in Tanah Marah golf couraa 111 Pra-Olympica talaa akin to badtima t toriaa 111 From
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      Page 13 Advertisements Column 2
      206 13 Corporation from t r '-L iy. E w V 4 -2 J SSafo •v V- ■~-i iff SWit ■r 3r KL tatS :rf ft > *F& Those rare cars which stand out in a crowd, which suggest exclusivity even at rest, which combine head-turning looks and outstanding performance qualities, are
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  • Page 13 Miscellaneous
    • Miscellaneous
      Page 13 Miscellaneous Column 1
      840 13 WHAT WHERE CONCERTS THE fluipin fljaiphanji OnkMtn fund-raising concert will continue its last prformance tonight at 8.15pm at the Singapore Conference HalL The recital will feature Lta Shikun, a celebrated Chinese pianist. FRENCH singer and guitarist Brie Vteeeat will give a recital at the RELC on March 25 at 9pqb
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  • Page 14 Advertisements
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      252 14 dHH I J By popular demand and to help promote bilingualism, the articles and stories that appeared in The Straits Times Bilingual Page over the past year have been re-edited and grouped under suitable headings and published in a magnificent book. This Collection should prove a very useful refresher course
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  • Page 15 Advertisements
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      40 15 TV It s^sSSsSassSs ,M K \N' 1 *T J JVt/J': Y* > //*> 3* >W*% bssss® 51 %sf—--"C— Srs:-«- ,w T 4 ra rt>a o* Ma\aV* ,a s ,nd m 1 pOP °'ISS*- ,od t 5 »tH«-^ to vv«r»„ <^ ls 6tt ew.
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      679 16 THIS 1 WOLF chiidbki F\n RB H\K;I math** The Wolf Children Charles Maclean Charles Maclean's intriguing book unearths the historical evidence about the wolfchildren, Kamaia and Amala, and their eccentric deliverer, the Reverend Singh. He examines the missionary's diaries, life in the orphanage, the way the sensational story spread and
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  • Page 16 Miscellaneous
    • Miscellaneous
      Page 16 Miscellaneous Column 1
      391 16 Your weekend sports GOLF: The Bi-annual Rabbit's Trophy will be held at the Warren Golf Club today. This competition is opened to all those who *bave yet to obtain a handicap at any Golf Club and is an individual strokeplay handicap competition played over 18 holes. The Sembawang Country Club
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