The Business Times, 28 April 1979
1979-04-28
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The Business Times
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Title Section10 1979-04-28 1 BUSINESS TIMES M.C.(P) No. IM/1/79 SATURDAY, APRIL 88,117* SO CENTS10 words
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BRIEFLY...
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Article57 1979-04-28 1 UPI CANBERRA, Fri. Deputy Prime Minister Doug Anthony said today the Australian Federal government would maintain export controls for the iron ore, coal, bauxite, alumina, gas and uranium producing industries. He said there was criticism that the Australian government is attempting to set the market. "Nothing could beUPI - 57 words
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Article54 1979-04-28 1 Reuter VIENTIANE, Fri. Laos today accused China of moving forces and weapons to the border area near Vietnam. The official newspaper Sieng Pasasone said there had been no progress on talks between Vietnam and China on their conflicts because Beijing (Peking) "is using tricks and posing hostilityReuter - 54 words
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Article73 1979-04-28 1 Reuter TAIPEH, Fri. Asia's economic growth will slow this year with export-oriented South Korea, Hongkong, Singapore and Taiwan being the hardest hit, according to financial and economic experts meeting here. Bankers and officials of the Council for Economic Planning and Development said oil shortages, mounting western protectionism, slowReuter - 73 words
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Article71 1979-04-28 1 AFP BRUSSELS, Fri. The EEC Commission today announced an "anti-dumping procedure" concerning electric motors from the Soviet Union and other East European countries. There is evidence that dumping is being practised and that EEC manufacturers are hit by it. The countries concerned are the Soviet Union, Bulgaria, Rumania,AFP - 71 words
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Article54 1979-04-28 1 UPI TOKYO, Fri. Japan Air Lines said today it has asked the Transport Ministry to approve a 7-per cent increase in its international airfares from May 1. The company said the price increase was agreed by the International Air Transport Association (lata) on April 3 to offsetUPI - 54 words
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Article58 1979-04-28 1 AFP KUALA LUMPUR, Fri. The Malaysian government has given the "greenlight" to the Malaysian Airline System (MAS) to resume its services to London. Confirming this today, a spokesman for the airline said the first flight to London, via Kuwait and Frankfurt, would leave here on Sunday. AllAFP - 58 words
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Article89 1979-04-28 1 AP NEW YORK, Fri. Concern over a sudden surge in the US money supply depressed stock prices in the morning. The Dow Jones average of 30 industrials dropped 3.99 to 856.96 in the first half hour. Losers outnumbered gainers by more than a 2-to-l margin. Federal Reserve statisticsAP - 89 words
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Chief Price Changes
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Article132 1979-04-28 1 Rises Most Active Ayer Hitam Rub 300 150 S Darby 475,000 Petalinf Oriental HM|i 850 40 870 25 UOB 472,000 Roth mans 418 12 Tganu Dev 226,000 Malayan Tin Stkn Malayan 1480 1370 10 10 Consplant 168,000 8 T P 1975 850 10 Total Turnover: 3.38m Carls berg 480132 words
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Article, Illustration141 1979-04-28 1 Rises Most Active Seacorp Inch KK Oriental Malaysiam Petaling Tin Harper Gilf Carlsberg Rothmans F and N Benta M U I M Rice Sea Lumber Tractors 12.00 7.40 7.00 14.80 8.65 3.70 4.66 4.20 5.80 4.10 Falls 2.30 1.52 2.06 5.70 +215 +60 +45 +30 30 20 14141 words
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799 1979-04-28 1 COLIN CHEE - SINGAPORE A BENEFICIARY By COLIN CHEE PETRODOLLARS to the tune of US$4OO million (SsBBo million) are expected to find their way to the Far East and the Pacific within the next two to three years with the establishment here of an investment holding company of799 words
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Article199 1979-04-28 1 IMPORT restrictions on Australian oysters have been lifted by the Singapore Primary Production Department following the recent lifting of the export ban by the Australian government. One of the conditions imposed by Australia in the lifting of the restrictions is that export establishments processing oysters199 words
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440 1979-04-28 1 GOH ENG KEE - ®y GOH ENG KEE A DOUBLE taxation agreement will be signed soon by the Sri Lankan and Singapore governments, according to Mr C.Gunasingham, Sri Lanka's first High Commissioner to Singapore. Mr Gunasingham said Sri Lanka, which is looking to Singapore for investment, has440 words
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129 1979-04-28 1 THE Public Works Department has selected the consultant firm of Mott, Hay and Anderson Overseas to undertake the preliminary engineering design of the proposed Singapore Mass Rapid Transit System. The $1.9 million contract was signed yesterday. Mott, Hay and Anderson Overseas has in turn appointed129 words
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Article81 1979-04-28 1 THE chairman of National Westminster Bank (NatWest), one of Britain's two largest banks, will pay an official five-day visit to Singapore from next Monday. Mr Robin Leigh-Pember-ton, who is on his first tour of Nat West's Asian operations, will arrive from Bahrain before flying off to Hongkong and81 words
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244 1979-04-28 1 THE SINGAPORE Adverday aasahasasty wpurtti Km t>f flu sf i u»viHßlMg OWU. Ike DMve was UlbM by the aewty re-elected praHnt, Mr Patrick 'ttlir nairtiHw-i fifth aaaaal geaeral tagThe Idea waa first ■ssted last year who Slagapere saeeeasfally MM ler the 12th244 words
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411 1979-04-28 1 MANO SABNANI - By MANO SABNANI YBO Hiap Seng (YHS) is well on its way to establishing a strong foothold in the lucrative oriental canned foods business in the United States. The group, which manufactures and distributes a wide range of food, beverages and soft411 words
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Article52 1979-04-28 1 Reuter TOKYO Oilless Metal Industrials Company Ltd of Japan said it has set up a company in Singapore to manufacture oilless bearings, powdered machine parts, ferrite magnets and related products. n»e new company, Porite Singapore (Pte) Ltd with a paid-up capital of $1 million, will commence productionReuter - 52 words
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Page 1 Advertisements
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Advertisement5 1979-04-28 1 SINGAPORE BUSINESS B ivress Magazine5 words
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Advertisement102 1979-04-28 1 Leader ...Page f »> m Y VL JftTiMEWUGWIE lb WN WEST. Chances are that at Pan-West we have just the right equipment to help improve your game At Pan-West we stock the finest range of top quality golfing equpment Confidence. Honma. Lynx to name a few Drop in on us102 words
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Advertisement30 1979-04-28 1 J A I 1 Make sure you get your complimentary copy of the Asian Wall Street Journal. INDONESIA Imatm a sigh tver TAIWAN rwr ■MBtTrrt, i.l'.?riw A 7^Tin n i-r30 words
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Advertisement37 1979-04-28 1 COPIES ANYTHING. FITS ON A TABLE-TOP <• A::"* t .fv swFiraTMPraCTOTjrriH CQMETOCONTI FORTHE REAL POSSIBLE DIAMONDS JEWELLERY •WATCHES IVORIES CURIOS •PENS •LIGHTERS PERFUMERIES y LUCKY PLAZA LOWER GROUND 2 A 3 Man entrance facing Orchard Road z c37 words
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TRADE AND INUDSTRY
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Article145 1979-04-28 2 THE MINISTER for Labour, Mr Ong Pang Boon, and the president of the National Trades Union Congress, Mr Phey Yew Kok, will address the May Day rally on May A May Day resolution will also be passed at the mass rally to be held at the145 words
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517 1979-04-28 2 IT IS very doubtful that water supply from ponds, rivers, streams and wells will be easily available for agricultural and fisheries needs in the future because of the greater needs of domestic and industrial uses. This point was made by Mr George Tay of517 words
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188 1979-04-28 2 ALTHOUGH Singapore can pride itself as a clean city, the quality of water in some of our water courses can be further improved. Pointing this out yesterday was the senior engineer of the Sewerage Department's pollution unit, Mr Loh Ah Tuan. He188 words
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363 1979-04-28 2 JOHN LIM - By JOHN LIM SINGAPORE'S demand for water in 1965 is estimated to increase by 30.5 per cent to 820,000 cubic metres a day. Disclosing this yesterday, the acting deputy chief water engineer of the Public Utilities Board (PUB), Mr Owen Liu, said with363 words
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291 1979-04-28 2 SEVERAL diesel dealers in the Federal Territory and PetaUng Jaya have reported continued shortage of the fuel, while some claimed they have been waiting for nearly a week for supplies. Nearly all the dealers contacted said their regular monthly quotas had been exhausted291 words
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Article312 1979-04-28 2 THE Consumer Price Index for Peninsular Malaysia rose by 0.2 per cent from 164.9 in January to 165.3 in February, mostly because of increases in the cost of transport and in the price of gold ornaments. The year-on-year rise was 3.2 per cent. The312 words
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Article169 1979-04-28 2 THE NATIONAL Productivity Board (NPB) will be holding four new courses next month. A course on "Computer Data Processing Module 4 Systems Analysis, Design and Techniques" will be held at the NPB Town Training Centre in Hotel Royal-Ramada from May 228. There is also a169 words
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Article57 1979-04-28 2 FIVE top executives of public relations firms, Burson Marsteller, held their Asian Operating Committee meeting in Singapore this month. During the three-day meeting, Asian financial controller, Thomas Lee, reported that the half year which marked their Asian operations exceeded its forecast andbusiness increased by more than 3057 words
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Article49 1979-04-28 2 THE SINGAPORE Concrete Institute will hold its annual general meeting on April 28 at the Carlton Hall, Goodwood Park Hotel. The meeting will elect a new board of directors for 1979/80 and will also discuss the programmes the institute will be likely to implement in the future.49 words
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Article, Illustration370 1979-04-28 2 EXPECTED ARRIVALS TODAY KEPPEL WHARVES Ashley Lykes (after Shinko Maru sails) 6/7 Barber Toba (1700 after Ibn Khaloddon must starboard to) 46/47 Gerbera (Ro/Ro) (0600) 45 Golden Eastern (after Fortune Runn) 22 Hoegh Orris (after Scapbreeze sails req. Portside to) 35/36 Joo Hong (Tanker) (after Panteleymoo Lepeshinskiy370 words
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Article111 1979-04-28 2 TURCO Aastralla), which pradaeea rhn^iito far aircraft —ntnlmasrr triaTprndaSs, to venturing tola the market. Tweet general Manager, Mr Andrew J Bahertaaa, to new In Stagapare ta appslnt, paarihty, twe ageata •me tor Ha avtattoa pradneto and the ather far dipping and ether Industrial pradacts. Twee,111 words
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209 1979-04-28 2 A LEADING Japanese manufacturer of general optical, medical and surveying instruments, has set up a regional centre in Singapore earlier this month. Topcon Singapore, a wholly-owned subsidiary of Tokyo Kogaku Kikai KK of Japan, has a nominal capital of 1700,000 and paid-up capital of209 words
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Article53 1979-04-28 2 ROLLEI top dealers from France will be arriving in Singapore on May 2 as part their incentive tour to the Far East planned by the Rollei Group's subsidiary in France, Rollei France SA. Rollei Singapore, with the assistance of Associated Tours, will arrange and organise all functions for53 words
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Page 2 Advertisements
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Advertisement870 1979-04-28 2 APOLLO ENTERPRISES LIMITED (Incorporated in the Republic of Singapore) To All Shareholders NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Eleventh Annual General Meeting of Apollo Enterprises Limited will be held at 18th Floor, Conference Hall, Apollo Hotel, 406, Havelock Road, Singapore 3 on Monday, 21 May870 words
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Page 2 Miscellaneous
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Miscellaneous636 1979-04-28 2 TWO-IM-t t CEYPnC PUZZLE ACROSS 3 Cutlery item for which a bird gets a bill (5) I Easy catch for a girl (5) They are often disturbed at a player's dismissal (5) 1 Does it exert pressure round the neck? (3) t Broadcast how to dowse? (5) I Chucker-out at636 words
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REGIONAL
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303 1979-04-28 3 UPI THAI TROOPS were on full alert along the Kampuchean border yesterday after Prime Minister Kriangsak Chomanan promised retaliation for any intrusion by "foreign forces." At the same time, marine and border patrol police reinforcements were ordered into the frontier district of PongUPI - 303 words
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87 1979-04-28 3 AFP CHINA has proposed to start Joint construction projects with Japanese construction firms outside the country with Iraq and Hongkong as prospective jointproject sites, the president of a Japanese construction company said yesterday. Mr Yuji Matsumura, president of MatsumuraGumi Ltd, said the proposal was made whenAFP - 87 words
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Article51 1979-04-28 3 Reuter JAPAN Air Lines flights have returned to normal yesterday following a 24hour strike by JAL unions on Thursday which caused 20 international flights to be cancelled. The wage disputes have not yet been settled and the unions are studying further steps to press their demands.Reuter - 51 words
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440 1979-04-28 3 UPI AFP JAPAN'S economy, hard hit by rising oil prices and a poor performance of the yen, tinned out inflationary trends and little signs of a decline in unemployment. Ctammer price Mex: The Statistics Bureau of the Prime Minister's Office announced March'sUPI; AFP - 440 words
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Article539 1979-04-28 3 ASEAN is hopeful that recommendations for an improved Generalised System of Preferences (GSP) and better trade concessions from Japan within the framwork of the Multilateral Trade Negotiations (MTN) will emerge during the twoday Japan-Asean forum which began in Kuala Lumpur on Thursday. The Japanese eight-man delegation,539 words
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238 1979-04-28 3 UPI CHINA raise* the price W lis ende «U being exported to JapM tor Ike AprtlJaae a Barter to I'SSKJI ft band. IMb to 11.17 per eeat higher thaa the preceding three imMm. The rtoe to the price sf heavy enle frsm the TseMagUPI - 238 words
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187 1979-04-28 3 UPI TAIWAN Is expecting a faeetd UB*N MBm (B*6 Mlltoa) sf foreign trade this year, $3 Mlltoa higher thaa the $17 Mlltoa forecast. (Hi Tkaroday, the drwtor «f Taiwan's Beard ef Foreign Trade, Mr H I Bhaa, said iimnittc Investment has been IncreasingUPI - 187 words
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Article643 1979-04-28 3 ARRIVALS Service Local Operator Nunber TIbc Proa KLM KL837 1230 AMS/FRA DXB/BKK SLA SQ201 1245 HLP BIAS MA684 1245 KCH MAS MH651 1330 (MES)/PEN/KUL SIA SQ61 1340 BKK S1A SQ455 1340 BWN SIA SQ117 1345 KUL GIA GA900 1400 HLP SIA SQ1 1425 SFD/HNL/ SIA GUM/HKG SQ1Q6643 words
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Page 3 Advertisements
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Advertisement82 1979-04-28 3 k 1 ster Boat Show o/ 24th Ave. W ri *4*31 315 V .Hs X ;"N k»* r» tv ff l*. f V# ifagSS*. ;v t ?■**'it* ~"1 N i"ia6 > c u y r t'JmHr* w w*-'-I Ml MS ••-V® ENGINEERING LEADERS IN EVER V MERCURY t_ OrtARINE SYSTEMS82 words
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RAW MATERIALS
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1086 1979-04-28 4 By Our Reporter INDONESIA is now the world's third largest tinproducing nation and is pursuing a policy of expansion, both inland and offshore, that could see her overtake Bolivia as the world's second largest tin producer within a few years. Less than 81,086 words
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Article, Illustration614 1979-04-28 4 Reuter BRAZIL is negotiating with Thailand's rice interests for the purchase of 200,000 tonnes of Thai rice on a commercial basis. Brazil is seeking a mixture of 5 per cent and 10 per cent white rice. The Thai rice would be needed forReuter - 614 words
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199 1979-04-28 4 Reuter EXPORTS sf all types sf rubber f r»m Shgipwf fell to HJOt tones to Juurj fr«m 1M,541 tones to Deeeaiber bat lacreascd frsm 51,218 tones to Jinry last year, Statistics Departmeat flgins ah*w. Imparts st rabber tots Slagapere, bswever, tocreased to 1t,4X1 tonesReuter - 199 words
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Article342 1979-04-28 4 THIS week's meeting of the group of Latin American and Carribbean Sugar exporters (Geplacea) should closely examine the international sugar agreement to find ways to raise prices. Disclosing this Argentine Trade Minister Alejandro Manuel de Estrada told the opening of the 10th Geplacea meeting in342 words
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Article265 1979-04-28 4 PRICES on the Singapore rubber market yesterday opened about unchanged following steady London advices but thereafter eased about one cent as sellers predominated, dealers said. Values, however, recovered on some weekend covering and increased inquiries, they said. The morning session closed slightly lower with May One RSS buyers quoted265 words
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Article30 1979-04-28 4 Robber; April 28 Singapore: May: 280.50 tents (up 1.25 cents) Malaysia: May: 281.75 cents (up 0.50 cent) Tin: $1,965 (up $14) Official offering: 208 tonnes (up 17 tonnes)30 words
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Article350 1979-04-28 4 R A5 price* In cenu per kilo yesterday: Ikn. Buyer Int. 1 R.S.S. prompt f o b 283 00 Int. 1 R.S.S. May 279.00 Int. 1 RS.S June 274.00 Int. 2 R S.S 271.00 UK/Cout 270.00 Int. 3 R S.S M.00 UK/Coat 2(7.00 Int. 4 R S.S m.00350 words
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Article100 1979-04-28 4 NOON SSI R and SMR priea* day <C« Bay< ml Mtfc) »r» Salter* Mtk) ssr ao ll-UD pallet) ***** 271 00N 288 00 271.OON SSRSO MRSLB (ltoa pallM I ***** 288.00N 288.00 28*00 N SMRCV ll-u pallM) 200.50 288. SON 285SO 287 SON SMR5L 11 ton pallM)100 words
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330 1979-04-28 4 THE TOP levels of late have been maintained during the week ended April 26, with turnover continuing to be active, and rubber achieved a new peak of 285.50 cents per kilo before finishing off some six cents lower, says Hsllday, Caller, Bath A C*. in330 words
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Article60 1979-04-28 4 CJ.F North Europe*!) porta, tn US dollars per ton ui otherwise stated. LONDON: Malaysian 5* ffa bulk per ton June Sumatra i% ffa bulk 2C June July August Nigeria S% ffa bulk stg MVTOAAM: ine OOOalr 002'>sir •10slr/ OMpd uncb unch unq 062*1r OTSalr 87Sslr MTWpd OOOalr aooair60 words
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Article65 1979-04-28 4 THE STRAITS tla price ta Peaug yesterday rose Msl4 to $1,M6 a plcal. Despite a eoatiaaed laereaae la tfi metal snppUed, values were marked higher reflecting the overnight rise la Loadoa together with fresh laqnlrlee (ram the UB, local aad Japaaese traders, dealers said. Total taraover rase Is65 words
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Article144 1979-04-28 4 THE SUGAR futures market yesterday closed firmer in continued featureless trading, with no trades registered as on Thursday, dealers said. May closed at 7.70/75 US cents against Thursday's 7.50/53 close and March at 9.42/55 against 9.15/18, while the spot sugar price rase 0.20 to 7.70 cents. Sugar futures144 words
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Article191 1979-04-28 4 YARN and cotton prices were quoted as follows in Hongkong yesterday: (In HK dollars, spot ex-godown) Csttsa yarn: China Blue Phoenix 20S 2JBO. 32s 2J40 40* 3,070 (per bale of 400 lbs). Pises gaats: China Butterfly and Globe brand unq; Dragon Head unq; Five Lambs unq; Flower and Butterfly191 words
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Article152 1979-04-28 4 CHICAGO soybean futures closed mixed with prices off 3V« to up 2'/« US cents a bushel on Thursday. Traders said old crop months came under selling pressure from spread liquidation and some hedge selling. The old crop futures also yielded to selling on supplydemand indications by the USDA that152 words
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Article140 1979-04-28 4 WHEAT futures in Chicago on Thursday added one cent to IV4 US cents a bushel. Traders said prices dipped from daily highs after the July contract failed to penetrate its season high of US$3.4O. They said the delay in spring planting by the Ssoviet Union supported prices along with140 words
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Article273 1979-04-28 4 THE SINGAPORE produce market yesterday closed on a dull note with few deals done. Prices remained unchanged in another dull trading session. Both copra and pepper counters reported little activity with prices unchanged from their previous levels. A pepper agent said about 144 tonnes rrived from Sarawak yesterday.273 words
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Article325 1979-04-28 4 SINGAPORE: Yesterday's closing prices in SI per kilo, ex-godown: THAI WHITE: 100 per cent drat class (Kangaroo) new crop O.K, 100 per cent second da* 0.85, 100 per cent third clsss 0.80, 25 per cent new crop no stock, B-10 per cent OTO. THAI BROKEN: A-super 0.62, Special 0.56.325 words
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Article886 1979-04-28 4 COFFEE: Robust* futures yesterday closed a quiet morning barely changed from the opening, £16 to £6 per tonne up from Thursday. Turnover was 1,339 lots including 10 options and around 375 lots of cross trades. Dealers said unconfirmed talk of higher export prices from possibly Brazil, Colombia and886 words
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Page 4 Advertisements
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Advertisement144 1979-04-28 4 MUiJJj i mijnff ajninU Study with the UNIVERSITY PREPARATORY SCHOOL TORONTO, ONTARIO UPS specialises in preparing overseas students for Grade 12 and 13 Examinations leading to entry to Universities and Colleges in Canada and USA. UPS is registered with the Ontario Ministry of Education and its Credit and Diploma courses144 words
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OVERSEAS
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WORLD IN BRIEF
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Article581 1979-04-28 5 Agencies EGYPT yesterday broke off diplomatic relations with Bahrain, Lebanon, Qatar and the United Arab Emirates as a retaliatory measure, Cairo's Foreign Ministry announced. All four had earlier decided to cut their ties with Egypt in protest against the peace treaty with Israel. Egypt has nowAgencies - 581 words
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Article126 1979-04-28 5 UPI A NEW US Senate report suggests that Saudi Arabia's vaunted excess oil capacity is over-rated, Business Week indicated in its latest issue on Thursday. The staff report of the Senate foreign relations committee indicated that Saudi Arabia's maximum sustainable capacity is only 9.8 million barrels a day.UPI - 126 words
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Article117 1979-04-28 5 THE PRESIDENTIAL Wage and Price Stability Council chairman, Mr Alfred Kahn said it is highly unlikely the US will achieve this year the 7.4 per cent inflation rate sought earlier by President Carter. He told the congressional economic committee the government is revising its goals. Mr Khan117 words
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Article167 1979-04-28 5 UPI FEWER concluded charterers were reported on an outwardly quieter market but the Western tone remained in owners' favour. Time-charter booking generated most known employment and revealed a slightly stronger accent on tonnage offering Western Atlantic availability. The Chinese, for instance, took the 16,650-dwt N.G. Uvaaos at U556,150UPI - 167 words
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404 1979-04-28 5 UPI Reuter THE US Senate, in a 15-hour session stretching into the early morning, on Thursday adopted an austere 1980 fiscal plan to cut spending levels in almost all government programmes and set the course toward a balanced budget. Senators haggled over the nation'sUPI; Reuter - 404 words
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Article292 1979-04-28 5 Reuter PRESIDENT Carter proposed on Thursday a SO per cent windfall-profits tax, effective Jan 1 to prevent oil producers from reaping excess revenues from the decontrol of oil prices. The President signed the tax proposals in an Oval Office ceremony before sending them to Congress. MembersReuter - 292 words
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190 1979-04-28 5 Reuter PRTVATE firms and state concerns which are given permission to scoop up minerals from the commonly-owned seabed will have to disclose details of their technology to an international enterprise, according to a draft article of the world's first Law of the Sea.Reuter - 190 words
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Page 5 Advertisements
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Advertisement1874 1979-04-28 5 STATEMENT OF ASSETS AND LMMJTES As at I ASSETS Cadi rnwrtn Cash and due from banks (Note 5) Cheques and other items in transit, net Securities (Noit 6) Securities issued or guaranteed by Canada, at amortized value Securities issued or guaranteed by provinces, at amortized value Other securities, not exceeding1,874 words
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496 1979-04-28 6 IRONICALLY ENOUGH, it has taken a crisis to bring Singapore closer to that much sought-after symbol of a successful developing country, the five-day work week. It makes little difference if there are many among us who do not yet see the oil situation as a496 words
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285 1979-04-28 6 GOURMETS with more money than sense, and certain hotel restaurants will welcome the news that the Primary Production Department is to relax its ban on the importation of Australian oysters. Presumably the local importer of tabasco sauce will be equally cock-a-hoop. With its285 words
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Article, Illustration1633 1979-04-28 6 Depthnews Asia MALAYSIA has not been immune to the rise of the newly found spirit of religious zeal and inquiry all over the Muslim world. In recent years, an increasingly conspicuous feature of many Malaysian urban centres, especially Kuala Lumpur, is the growingDepthnews Asia - 1,633 words
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Page 6 Advertisements
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Advertisement229 1979-04-28 6 V Where to wine, dine and entertain... lubertug (§riU For lunch. For dinner. For a richly rewarding experience. -V BusmhM IS V CI H 'M.it.v Saturd.iv -v Viniiav. >lo Vi Ct SS i < >r :wt*rvdt:< m- < a > Jk(B> <»iitui*> Park Sluralon iUiJ*| M »n' "V ib-F*" V229 words
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Advertisement60 1979-04-28 6 Stye earned at B.lspttt cticrtj sl)uro6at) at ttfc 'IWoit's Sable. In the best European tradition of old, our Chef will ceremoniously carve a succulent roast, done to a turn, on the one and only roast spit in town. Treat yourself to a hearty slice of this roast, accompanied with all60 words
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Page 6 Miscellaneous
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Miscellaneous21 1979-04-28 6 BriStcW: FtankDickeus 1 S*2 (9&&»NPvUO HPvS &€£>* TO l£.veL Business lunch in -rwecrt^.... SO HGS URSTPM(?S Sl££fV*G »T Off P milium. 1021 words
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Miscellaneous672 1979-04-28 6 Burning bright A SMOULDERING after- Hart Ts De aai ■tor k Satariay aati■ee's "Plaae la the MmT at 1 Mfm (ekaaaei f). Tke raat *f tke eveatag hat Its ether Ceaeert at tai LeagUer aight Mevte at llJOpn. The haaieeaw, early, keef rehrtag <wl aa> tare Jaaei ekaa- Deaa etan672 words
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Article, Illustration966 1979-04-28 7 To ease the population density in Java, Bali and Madura, Indonesia embarked on a unique transmigration programme to lure to the Stess populated Sumatra, fitter lour years of apathetic acesponse, the project has *£ecome so popular that ahere is now a of applicants. The meanwhile,Depthnews - 966 words
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Article822 1979-04-28 7 NYT THE Qianzhou commune near Shanghai is looking forward with Special anticipation to harvesting the green wheat in its fields this summer. Under a policy promulgated by Beijing last winter to encourage its 750 million peasants to work harder and increase China's flagging agricultural output, theNYT - 822 words
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Article116 1979-04-28 7 Tan Tae Chye - Letter tethe Editor Tan Tae Chye nan Qa M i nfO Mcrfury. Dear Sir, In your report in Business Times on Tuesday, April 24, your statement that, vis-a-vis the Singapore Institute of Surveyors (SIS), the Singapore Institute of Valuers (SIV) "is not so stringent in its entrance116 words
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Article376 1979-04-28 7 A READER who prefers anonymity has taken me to task admittedly quite agreeably for my recent 'attacks' on the Hongkong and Shanghai Bank and the Tanglin Club. I have also been assailed at cocktail parties by irate Tanglin Club members. I am in no way biased376 words
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919 1979-04-28 7 Ryunosuke Iori - FORUM, r ...with Ryunosuke Iori Depthnews JAPAN'S defeat in World War n and the American occupation had sent the fortunes of classical martial arts into a tailspin, but today the sport is enjoying a great revival. Three hundred organisations have mushroomed in post-warDepthnews - 919 words
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Page 7 Advertisements
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Advertisement282 1979-04-28 7 Where to wine, dine and entertain \frt LSI N ESS TIMES c 1 11'( ,()'S IA NCI UK SIIM-:B( )AKI s< i\< nir < >\\n |>>h < < >unn< (IN i< .i\\.hi \i >11 H iti« Nk i« t*v in f I < II if x; u. ni< 'i wHil282 words
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Advertisement44 1979-04-28 7 Enjoy an eotciung evening at /•y THE NEW LOOK H HOTEL IAI-FAN slf COCKTAIL LOUNGE Mixed drinks our Speciality Weekdays Sundays 11 am. 11.30 p.m. Saturdays 11 am. 1 a.m. HAPPY HOURS 3PM-7PM ?0% discount HOTEL TAI-P AN 101. Victoria Street. Singapore Telephone: *****144 words
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INTERNATIONAL STOCKS
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Article416 1979-04-28 8 Reuter VOLKSWAGENWERK AG is set (or record volume sales in 1979, exceeding the previous record of 2.39 million vehicles sold in 1978. Management board chairman Toni Schmuecker said that higher group first quarter 1979 net profits of 175 million deustchemarks indicate that last year's profitReuter - 416 words
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Article134 1979-04-28 8 AFP PROMPTED by still expanding sales of denim jeans in Britain, Levi Strauss, the American casual-clothing company, is to invest £7 million in opening three new factories in Scotland, providing 2,000 jobs by 1964. The company already has three Scottish plants at Dundee, Glasgow andAFP - 134 words
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Article127 1979-04-28 8 Reuter REVCO said it has terminated preliminary merger discussions with F. W. Woolworth Co. Revco said, "While we have a duty to listen to any serious offer, we are confident of our ability to maintain our independent growth as the country's (United States) largest chain ofReuter - 127 words
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Article144 1979-04-28 8 Reuter THE R. J. Reynolds Company said its first quarter profit increased 38 per cent over 1978's first quarter on a 24 per cent revenue gain. The company reported a profit of U*****.4 million, or $2.57 a share, up from $96 million, or $1.94 a share,Reuter - 144 words
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Article662 1979-04-28 8 TOKYO Source: DBS-Daiwa THE NIKKEI Dow-Jones average continued to rise, setting an all-time high, since the major brokerage houses took an active stance regarding resources-related issues, shipping and chemical issues which are included in the 225stock Dow-Jones average. Turnover and total sales value were alsoSource: DBS-Daiwa - 662 words
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Article232 1979-04-28 8 APR 27 BahU ♦7Asia Credit 258 .2 Asia Fibre 175 unch Ayuthaya Inv And TYust Bangkok Investment 274 8 Bangkok Bank 338 -12 Bangkok Drying A nd Silo Bangkok Insurance Bangkok Metropolitan Ban 9M -8 Bangkok Nylon Bank Of Asia Z! 304 -2 Bank Of Ayudhaya iJii 204 -8232 words
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Article281 1979-04-28 8 STOCK price* closed firmer in moderate trading yesterday, dealers said BHP raw 1C to A 59.56 on Thursday's report on the hydrocarbon find In the Zeewulf One well, while AOG rone 10 to $1.05, Ampol Exploration two to $1.42 and WootWde Petroleum three to 75 cents. APR 27 Cents281 words
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Article102 1979-04-28 8 Reuter KOMATSU Ltd said it forecasts net consolidated profit in the year ending next Dec. 31 will rise to about 21 billion yen from a record 19.62 billion last year, on sales of about 520 billion, up from a record 479.73 billion. The company attributed the rise toReuter - 102 words
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EUROPEAN MARKETS
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Article186 1979-04-28 8 apr n Francs Action* Sulttet 304 1 Alutultte Br. 1300 IS Alutultte R<f 536 3 Brown Bor*rl Br. 1M0 unch Clba Oeigy Br. ISIS S CU» Oeigy PC 101S -5 Clba Oct0 Reg 710 Credit Sultte Br 2300 -IS Credit Suum Reg 429 -I Elektrovatt Br. 3040 •1 George186 words
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Article271 1979-04-28 8 APR x m CORBEILLE Air-Liquid* «0B «u S N Ovrrau Dtnoiw H is C 8 r (ThomaonC*f) 400 «U CI* Prancala* des Pclroie* Compacnie Financier* Compacnie 0*rv*ral* Credit Foncier De France Hachette <Ubrairie) Machine* Bull Mlchelln (B) Pariba* Prchlnry c Iftne KuMnunn Peufeot Philip* <Nv Oero Beat) Prlntempe 8271 words
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Article202 1979-04-28 8 APR M ru ABN ***** •i Ahotd 106 JO -OJ Akao 30JD -0.7 A|||V otuo 0.4 Amfu 115 JO -0J Amrot Bank 74.90 -0.7 £2°" 54-50 oojo -1J unch BoU OBOOxd -7J Borsucng 171 JO -IJ Burhmtnn 70 JO 0J Bycnkorf 83 50 0J Cftlvc Delft 100.00 -IJ Dell202 words
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Article202 1979-04-28 8 APR SI Dm Aef-Teiefunken Akso All* LMra All* Vers 50.30 28.00 I7SJ0 MOJO -1J -0.5 7 unch BASF Bay H T Wbank Bay Vbank Bayer BBC BMW mm IBM 276-90 141.70 273-00 229.00 -0-5 -1 -09 -U -S Caaaella Cltem Verm 375.00 204.00 unch -U Commrratiank Contl Ourami Dtimlcr*Bcnx202 words
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Article84 1979-04-28 8 APR M fn FORWARD MARKET Aeec Arbrd Altar Braaean Bru-Lamb Ctnptc Cock IX Been at 2M5 HO «M 1*0 MO m M4 -12 *1 unch 0 .♦J 1 ElccVotwl Ob-lnno-Bm OCT Hobo* Patro Ryl Dutch Sidro Soc Oen Bclg Softna Solvay A Tanka ZZ oao 1ZZ 1304 3230 44*84 words
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Article322 1979-04-28 8 THE market was steady to slightly higher in continued dull and feature teas trading yesterday, dealers sakL The Hang Seng index rone 1.84 points to 530.84 on turnover of HKJ5.75 million. Among blue chips, Jar-dines and Swire Pacific gained 10 each to til JO and 18.00 reflectively, while HK322 words
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Article142 1979-04-28 8 THE market cloned higher yesterday with mining* and oils firmer while commercials were mostly unchanged, dealers said. Turnover rone to 5 J million pesos from Thursday's 4.6 milGainers were Atlas Con B, Seafroot, CDCP and San Mi- guel B- APR 27 Pnot Aco)* Mining 00M -o ooa AUta Con.142 words
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Article63 1979-04-28 8 FINANCIAL TIMES INDUSTRIALS Thursday 540.9 Wednesday 562.7 Week Ago 530.2 DOW JONK8 AVERAGE INDUSTRIALS Thursday 860.07 Wednesday 887.46 Week a«o ***** LONDON DOLLAR PREMIUM Thursday 62 v, to 63M Wednesday 50 W to 50v. H.K.HANG SENG Friday 530.84 Thursday 528.00 Week ago 534.47 SYDNEY INDUSTRIALS Friday 473.06 Thursday63 words
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Article1277 1979-04-28 8 NEW YORK THE STOCK market staged a broad retreat In active trading on Thursday as energy and utility shares lost ground. OU stocks have been a major market support all week. Analysts said investors were discouraged by the news that US consumer prices roae one1,277 words
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Article215 1979-04-28 8 APR 20 AtMUM Alran C» 17', 42 Dom Stores rjnm Tar Dome Mines It' 24-. 105 unch Mc Blodel M olson A Moore Cp 23'. 26. X h Algoma Bank Mont SO'. M'i Falcon brtdce Falconbrtdge Cop OeniUr S7 43'< Neonex Noranda Northgate Exp 2 «B €2'« 7'. unch215 words
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Article296 1979-04-28 8 APR 26 Rand Pep aao -S E R Cons Piknpa) 3830 50 E R props 570 unc h INDUSTRIALS Plate Ol 175 -5 Easdrie Pp Cement 438 S Elsburg A Alpha 160 Prem Mil M0 -10 Ergo F S Dev 520 -eft Abercom 230 5 Prole* I'M unch 235296 words
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Page 8 Advertisements
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Advertisement272 1979-04-28 8 ■im.IR V J \0 o° o vV V* o> sjW o v that's the inevitable conclusion reached in the most comprehensive agricultural survey ever undertaken in Asia. And it will happen sooner than expected within the next decade in fact. The progress in grain cultivation, the hopes of the Green272 words
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BANKING AND FINANCE
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269 1979-04-28 9 UPI SWITZERLAND will continue keeping most foreign currency reserves in US dollars, at least for the time being, the president of the Swiss National Bank said on Thursday. Mr Fritz Leutwiler told the annual shareholders meeting in Zurich that the dollar's importance asUPI - 269 words
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Article189 1979-04-28 9 WHAT is the future of Asian payments union? Some 100 representatives of central banks, commercial hanks, other financial institutions and major corporation officers will tackle the question at a dialogue on Monday and Tuesday to be sponsored by the America n Express International Banking Corp (AEIBC). Aeibc189 words
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Article63 1979-04-28 9 BORROWING on international capital markets fell to US$24 billion equivalent in first quarter 1979 from J27.1l billion in last year's fourth quarter 1978, OECD financial statistics show. The volume of external bonds rose sharply to $9.94 billion from $6.85 billion in that quarter, but this was63 words
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Article, Illustration172 1979-04-28 9 THE UOB grsnp, earn* prising the United Overseas Baak, Chang Khiaw Bank and Lee Wah Baak, laaached Its 1971 Ceartesy Campaign at Shangri-la Hate! last Wednesday. Speaking at the laaaehlag eeremeay, Mr Wee Che Yaw, aheve, the greap chairman, said that the172 words
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Article642 1979-04-28 9 THE depressed exchange rate of the Japanese yen against the US dollar is unrealistic, and it is expected that the yen will appreciate to more reasonable levels in the near future. The turnaround could come after the June meeting of Opec or a little later this642 words
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MONEY AND EXCHANGE$
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Article462 1979-04-28 9 The US dollar was on the upturn again, firming against major currencies on the foreign exchange market yesterday. From an opening of 218.30/40 against the yen, the US dollar climbed to the day's high of 219.90/00 when London opened. But while the dollar lost some points later, it462 words
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Article163 1979-04-28 9 THE DOLLAR yesterday opened steadily firm against most major currencies, underpinned by firmer Eurodollar rates following latest US money supply data, dealers said. The apparent resurgence of growth in US money supply aggregates with a US$4.l billion rise in M-l has raised expectations of tighter Federal Reserve monetary policy,163 words
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Article181 1979-04-28 9 Asian rates ASIAN currency deposit interbank rates as at close on April 27: U8 Dollars* Spot) Offer Bid 7 days 10 5/16 103/16 1 months 111/16 1015/16 2 months 10V< 10M 3 months 10% 10V« 6 months 11 10% 9 months 1015/16 10 13/16 12 months 10% lov. 8wM Da*.181 words
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Article21 1979-04-28 9 THE average rate at which Singapore banks are currently prepared to lend to their best customers is 8 per cent.21 words
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Article45 1979-04-28 9 RANGE of prices offered by discount houses on April 37: Overnight 4'/** Call deposits Clasiit Bmrimt Sellis« 3 month Treasury bills 4' j 4H 3 month Bank bills 7'/i 7H 3 month CD 6V< 6H 0 month CD 7 Source: National Discount Co Ltd45 words
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Article62 1979-04-28 9 QUOTES on the Australia and New Zealand exchanges on April 27: AUSTRALIA: US dollar 1.1081 1.108 Sterling 0.5407 0.5345 Ninety-day airmail buying ratea Sterling 0.5616 US dollar 1.14(4 Ninety-day forward buying rates: Sterling 0.5464 US dollar 1.1150 NEW ZEALAND: Reserve Bank mfcfrate USSI.MSI Trading Bank Indication Sterling 0.5111/0.5081 US62 words
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Article297 1979-04-28 9 SINGAPORE gold futures yesterday closed slightly lower after fluctuating marginally throughout in thin trading, dealers said. Turnover fell to 113 lots from 154 lots on Thursday with interest centred on August, October and December contracts. August closed slightly easier at U*****.60/90 an ounce against $250.00/30 overnight, October at $253.90/254.00297 words
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Article53 1979-04-28 9 RESULTS of tender held yesterday for 91-day Treasury bills to be issued)on April 30 and from May 2 to May 4: Offered: $50,000,000 Applied for: $115,000,000 Allotted: $50,000,000 Accepted bids: $96.90 approximately 79 per cent; higher bids in full. Average rate of discount on allotment: 4.400 per53 words
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Article196 1979-04-28 9 THE US dollar yesterday firmed in late trading against the yen and the deutschemark on market expectations of improved US trade figures later in the day, dealers said. The dollar rose to 219.36/ 55 yen in late trading from its 218.20/30 New York close and to 1.8915/25 marks from196 words
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Article114 1979-04-28 9 THE US dollar yesterday closed firmer at 219.15 yen, up from the 218.00 opening and above Thursday's 217.75 close, despite yen support central bank intervention, dealers said. The dollar rose to a high of 219.20 yen Just before the close, with the Bank of Japan believed to have sold114 words
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521 1979-04-28 9 AMERICAN Express Company reported a record first quarter earnings of U5573.3 million, a gain of 12.1 per cent over the restated $65.4 million for the first quarter of 1978. Consolidated earnings per share for the period ended March 31, 1979 were $1.02, compared521 words
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854 1979-04-28 9 TORONTO houses the actual or de facto headquarters of Canada's Ave largest banks huge, monied institutions that control 90 per cent of the assets of Canada's 11 federally chartered banks. Recently, the power of one of these banks has reached into the United States854 words
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478 1979-04-28 9 Reuter THE US narrowly defined money supply, Ml, soared by US$4.l billion to a seasonally adjusted $365.6 billion in the week ended April 18. The New York Federal Reserve Bank said the broader based monetary aggregate, M 2, rose by $4.2 billion toReuter - 478 words
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149 1979-04-28 9 Reuter US CONGRESSIONAL Banking Committee chairman Mr Henry Reuss said last Wednesday that large banks in the US have killed proposed legislation to increase control over the nation's money supply. "I've done my best. The American Bankers Association has licked me," a Committee spokesman quotedReuter - 149 words
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Article35 1979-04-28 9 THREE Japanese long-term credit banks will raise the coupon on five-year bank debentures to 6.8 per cent from 6.2 per cent, effective from next month's issues, the Industrial Bank of Japan said.35 words
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Page 9 Advertisements
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Advertisement82 1979-04-28 9 Zl I o o *> *> ACCOUNTANTS, AUDITORS, COMPANY SECRETARIES, MANAGERS, ADMINISTRATORS, BANKERS, STATISTICIANS. The fast growing industrial and commercial sectors of this region are constantly looking for professional men and women to fill such challenging and highly paid posts. Do you have the qualification to fulfil any of these82 words
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DEALS DONE ON THE SES AND KLSE
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Article1402 1979-04-28 10 $D and offer prices officially ipted and business in and orted to the Stock Exchange °i Slncmpore yesterday with the ifember of shares traded shown brackets In lou of 1,000 unlU otherwise specified. Time Settlement Contracts quoted after the word "sett". Pf Board deal (In lou of 2,0001,402 words
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Article142 1979-04-28 10 4 1/2* 1/8/80 (2S0.000) (90.438 *****) (8) 90 45 4 3/4% 15/9/80 (250,000) (90.638 *****) B 1/4% 1/3/81 (250.000) (100.168 *****8) 8% 1 ft/4/81 (250,000) (***** 90.758) (12) 9070 6% T F 1/ft/83 (*****0) (100 108 *****6) ft 3/4% T F 1 ft/6/81-84 (*****0) (101.706) ft% 13/11/84 (*****0)142 words
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Article105 1979-04-28 10 Striking prices of the options officially listed on the Stock Exchange af Singapore yesterday, the period, bids and offered prices and business done, if any, with the number of options traded shown in brackCaU Starage (June <2.00) (0.3G8 0.465). C C (June $2.60) (OJCB O.MS). ■aw Par (June105 words
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Article2599 1979-04-28 10 1I7I Hi«k Low Coapaiy Last Sal* +orGr*s DW Dhr C"tt Gr's YTd Net P/E Vol (•OOO) Day Hick Low SECTION ONE INDUSTRIALS 253 190* 142 ISO 266 74*4 g 203 an 207 123* no ISO 266 00 186* 226 177 298 Acma Alcom Allied Choc BAT Bata2,599 words
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Article1552 1979-04-28 10 BID and offer prices officially listed and business in and reported to the Kuala Lumpur Stock Exchange yesterday with the number of shares traded shown in bracket* In IoU of 1,000 units unless otherwise specified INDURftIALfI •f nil Ak*m (IJSB 1.875) Ales Mi (1588) A Owe (11,552 words
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Article, Illustration574 1979-04-28 10 SENTIMENT teak Ml■tte tmrm tar the better at the Stock Exehuge et Shppm yesterday with la pluUttw storks, Prtaiaeat featares were ffl|hh»ii aai LewKepsag. The hrtr was ehaael ap to a price ef $4M eeaspand wtth tta prevtaaa level ef |SJS hat taraever574 words
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449 1979-04-28 10 THE Kuala Lumpur stock market yesterday closed steadier with the better trend evident from the opening bell. A broad selection of counters recorded good gains, improving steadily during the day to close at around their best levels. Selected industrial and plantation stocks again stole the449 words
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Article112 1979-04-28 10 BNGAFOU UNIT IBtOT INCOME MND UNIT (Ni iign prtMBtar A#r (OnwtprtM) The Commerce 2J5 LM Income Bond L.» LIS The Saving Fund U6 L4> S pore Prof Pond Mi LM S pore Sk. Fond LM I.® gssxrs. a "s !!X< (Ml Turd B-putr* LM 115 2^lE? »E!!! d112 words
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COMPANY NEWS
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543 1979-04-28 11 THE lifting of the fourmonth suspension in trading of Bovis South East Asia's shares signifies that some progress may have been made in resolving Bovis's recent problem with the Kuala Lumpur Stock Exchange over its rights issue document. Bovis, in543 words
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281 1979-04-28 11 HAW Par Brafhsrs lateraatleaal has ravoM thai MgHimMi far the par- if a X per eeat stake ta Setrea Ltd were eempMed aadtte effletai taw days. Beptytag ta stack exekaage «aeriee ea tke dates sa wklek aegetla ttsas far tke parekase it a281 words
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237 1979-04-28 11 BANDAR Raya Developments says that its acquisition of Permas Jaya shares from Magnum Corporation and Multi-Purpose Holdings will initially result in a downward pressure on net earnings, but from 1980 onwards it will increase group earnings substantially. This is because developments profits237 words
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Article567 1979-04-28 11 Current Ex Books Date Total for Total for Payment Date Close Payable the year Previous year Riverview 3*1 Apr 10 Apr 21 Apr 28 3% 12% Bedford 30% Apr 17 Apr 27 May 3 30% 25% Austral Eat 10%(n) Apr 6 Apr 19 May 2 20% 20% Tslam567 words
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Article235 1979-04-28 11 Company Particulars Ex Date Books Close Keck Seas Dunlop Eat P. Products Ajtnomoto Toshiba OUB Ltd Plant Bovis SEA OC BC HK Land Apollo Mai Floor Olynapia Bonus Issue of 1 for S Bonus Issue of 1 for 5 Bonus Issue of 1 for 4 Bonus Issue of235 words
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Article, Illustration469 1979-04-28 11 PRIMA Limited expects an annual income erf about US$2 million (554.4 million) a year from its Sri Lankan associate, Prima Ceylon, after the flour mill being constructed there comes on stream. Prima's chairman, Mr Cheng Tsang Man, adds in his latest annual review that469 words
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463 1979-04-28 11 TEXTILE Corporation of Malaya (TCM), equity accounting its share of profit in associate Kima Sdn Bhd for the first time, has reported a substantial improvement in group results for the year ended December 31,1978. The company's equity accounting of its 30 per cent stake in Kima463 words
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Article358 1979-04-28 11 tfacma by HOCK LOCK SIEW IT 18 a well bm bet that w stock market bi tradtttoaally leaked to Heagkeag tor itieett—, ke tt ap er dewa. Leeal 1m vector* get the JMen U the Haag Seag laiei takes a piaage aad, ceaversely, streag kaylag 'everby HOCK LOCK SIEW - 358 words
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Article337 1979-04-28 11 BOU8TEADOO Singapore IM: Pre-tax profit for the year ended Dec 31, 1978 of 17.41 million compared with $6.3 million previously. Turnover increased 20 per cent to $106.08 million. The directors recommend a final dividend of 10 per cent, which together with the 2.5 per cent interim, makes a337 words
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Page 11 Advertisements
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Advertisement221 1979-04-28 11 THE CRAFT OF SOUND Issue 7 W753 1 01 TJ4 6 *****1 I I I I I dB 0 w m 70 w% ■BY /v,q °'^ctio n (OMIMs lOM 11 \l (lIVK II KOI IK Ns|| |s? DIM OKI lON IK>l s I Mis MOM \ll s|( I \Ns lOH221 words
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280 1979-04-28 12 A TOTAL of 1,241 companies have amended their memorandums and articles of association to allow only Singapore citizens to be shareholders in these companies as of March 31 this year, Mrs N.C. Yoong, the registrar of title deeds and controller of residential280 words
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523 1979-04-28 12 RONNIE LIM - By RONNIE LIM THE PUBLIC Utilities Board's efforts to step up water supplies, including a planned $534-million investment for this, will not be enough to meet Singapore's needs. Consumers, both industrial and domestic, will also have to lend a hand. This was the message523 words
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Article247 1979-04-28 12 ENCTK Haji Sha'ari Tadin, the MP for Bedok, called on the Government yesterday to study the possibility of introducing a five-day work week as a step towards energy conservation. Speaking at a flat-ballot-ing in Bedok town centre, he said the Government can consider closing some of its247 words
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Article, Illustration222 1979-04-28 12 MOBIL OU Stogapair bi awarded a $4 mllllia eeatrnet to Chlyeda Chemical Engineering and Caastrettoa far the preparattea af Il e pSas?far e 2? PS paced $211 mUHaa vtobreaker e—plei. A eeremeey between the twe was carried •at yesterday afteaaaa, less than tw* hears222 words
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391 1979-04-28 12 Reuter THE TAIWAN executive Yuao (Parliament) has approved a new Shipping Bill under which foreign-flag vessels would be barred from discharging or accepting passengers or freight at Taiwan ports without prior authorisation. The Central News Agency, reporting this, gave no further details of theReuter - 391 words
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Article421 1979-04-28 12 AP INDONESIA is restricting its export of raw logs to hold down domestic timber prices and encourage more wood processing in the country. An official ceiling on log exports went into effect on April 1, coinciding with the start of the country's Third Five-year Development Plan.AP - 421 words
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Article794 1979-04-28 12 LONDON, Fri. Stock prices closed mixed after a quiet session, dealers said. At 3 p.m., the Financial Times index was down 3 1 at 543 J. Some small tails were noted among equity leaders but government bonds firmed as much as H point helped by the rally in794 words
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Article117 1979-04-28 12 THREE aajtr lateraatteeal ail npplm have teli itpucw NflMn wppßw fer the AprtMeae pevM ef Mb year, a IWg—» paper reported jwMay. Tie nwip»pM, Mitakel Sklmbu, qaetlag Japaaeee lUutr; eatTky* Exxea Ml aai Brtttek Petnku (BP) will raage frea ELS per eeat te M117 words
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Article73 1979-04-28 12 AN INDONESIAN trade delegation visiting New Zealand is convinced that the mission would open up new frontiers (or Indonesian exports to the country. Indonesian exports to New Zealand have been increasing over the past few years and reached a record NZ$ll.2 million (5J25.6 million) last73 words
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Article47 1979-04-28 12 SINGAPORE'S natural population increase in February dropped to 2,201 from the previous month's 2,226. The population was about 2.4 million in February. Natural increase is the difference between live births and deaths, and in February, live births numbered 3,119 while deaths totalled 918.47 words
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Article408 1979-04-28 12 AS ANTICIPATED, Tiroes Publishing and its sister company, Straits Times Press (1975), have turned in unexciting results at the half-way mark and seem headed for a year of lean profits. For the six months to Feb 28, Times Publishing recorded a 22.4 per cent408 words
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Page 12 Advertisements
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Advertisement157 1979-04-28 12 I SHIATSU I SHANGHAINESE SWEDISH MASSAGE Exclusive to Tropamare Executive Fitness Club At a special one time 30% discount for readers of this supplement. Clip and bring this ad. Let one of our professionally trained masseuses or masseurs ease away all tensions by giving you the best massage you have157 words
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Advertisement134 1979-04-28 12 FAR EASTERN FREIGHT CONFERENCE SABAH, BRUNEI AND SARAWAK FREIGHT NOTICE TO SNIPPERS CONGESTION SURCHARGE LATTAKIA Reference is made to the notice in the press on Wednesday, Bth November, 1978. The member Lines of the above Conferences have advised further deterioration in port conditions at Lattakia causing heavy delay to vessels134 words
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Page 12 Miscellaneous
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Miscellaneous59 1979-04-28 12 Outlook for Singapore from 6 a.m. to noon today: Isolated showers in late morning Report for 24 prter to Ml p.m. April 27 at the ahpari. Maximum temperature 29.7 Associated humidity 77 Minimum temperature 23.8 Associated humidity 99 Hours of sunshine 3.0 Rainfall in millimetres 40.0 Total rainfall for the59 words
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LEISURE TIMES
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Article, Illustration1788 1979-04-28 13 SHAKIB GUNN - By SHAKIB GUNN IN MY adventure that combined swimming with kiting, I mentioned the para/oil. This is a particularly interesting kite and naturally another favourite. When you become serious about kiting you find that your whole family of siblings become favourites. The parafoil, like Rogallo's1,788 words
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Article, Illustration919 1979-04-28 13 Hush, the planets are singing NYT WILLIE RUFF, an associate professor of music at Yale University, sat a guest at the desk chair in his woodpanelled office and placed two small loudspeakers on her shoulders. He explained that with the speakers touching bone, the music he was about to playNYT - 919 words
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Article, Illustration772 1979-04-28 14 MOTORING Hermes OWNING a BMW is rather similar to lighting a cigarette with one of those expensive leather encased gold lighters from Cartier or Dunhill. The dgaratte would, of course, taste the same, but the amount of raised eyebows generated on producing the lighter gives the ownerHermes - 772 words
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Article, Illustration1081 1979-04-28 14 LIM SENG HOO - When voting is subjective By LIM SENG HOO EVERY six months, a magazine is published in Belgrade, Yugoslavia, containing well over 600 of the best games played in the world in the preceding period. This magazine is 'Chess Informant', the official World Chess Federation (FIDE) publication. Each new edition of1,081 words
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PROPERTY
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Article, Illustration1572 1979-04-28 14 Japan, like Singapore, is an Island nation plaguad by a large population and a limited land area. This report from 'Steel, Today and Tomorrow' describes how the country deals with its urban redevelopment problems through the expeditious design of purpose built towns and1,572 words
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363 1979-04-28 15 THE FIRST housing project wholly undertaken by property company Trade and Industrial Development (TED) seems to have met resounding success. Although actual construction work has just begun, about 80 per cent of the total number of units in St. Patrick's Garden off363 words
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Article, Illustration908 1979-04-28 15 TEO TECK WENG - By TEO TECK WENG NESTLED deep in a typically residential environment off Tanglin Road is a new development which will comprise 25 new houses with old-styled exteriors. The $8 million project, 'La Ventura', suggests a distinct Spanish undertone. In fact, all 25 townhouses have908 words
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Article, Illustration547 1979-04-28 15 LUXURY MANDARIN STYLE CONTAINING some 21,000 cubic metres of concrete, it rises 136 metres into the sky. The 40-storey extension to the Mandarin Hotel is now structurally completed. Its builder, Low Keng Hunt Construction Company, has worked on it at a steady pace for 16 months now. Its structural completion547 words
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683 1979-04-28 16 F D - WEEKEND GOURMET F D THIS week we leave Normandy and travel southwards to the Loire Valley, renowned for its beautiful castles, its historical background and its scenery. In this part of France the cuisine is based on sauces made from local wines, cream683 words
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Article692 1979-04-28 16 PIERRE FRANEY - By PIERRE FRANEY I HAD rarely dined on Italian cooking before I came to the United States in 1939. I had never eaten pizza (they tell me that the pizza craze in this country is relatively recent, at least since World War II), and the only692 words
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Article, Illustration384 1979-04-28 16 JOHN LIM - By JOHN LIM "WE'RE THE only group in town that plays good jazz sounds," says leader of the band, Louis Tan (who is just as well-known as when he was Louis Suliano the stick-twirling drummer). Those who have had occasion to drop in at the Hilton's384 words
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Article, Illustration719 1979-04-28 16 MARGARET THOMAS - By MARGARET THOMAS "EXERCISE is a life-long requirement," said the man with the broad shoulders and bulging biceps as he nursed his large glass of apple Juice. He took a gulp of his drink, "there is no magic or easy way. You have to work."719 words
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Article, Illustration137 1979-04-28 16 DIETER BEDKEB'S phtie hardly ever steps ringing. It Is the meet impertant teel in Kffi trade. Beiiner's Agency fer .Impossible missises has branches ia Paris aai Lsadea. PVty-ene year eid Beimer is constantly makiag leng-dis-taaee calls all ever the werid. Fer the past three years Iris agencies137 words
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176 1979-04-28 16 ENTRY for this year's Far East Bridge Federation (FEB F) trials to be held during June and July is now open and will close on May 15. The Singapore Contract Bridge Association (SCBA) has announced that the two teams, with six in each team,176 words
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Article, Illustration148 1979-04-28 16 IP THE lint waterskl tearaameat to be beli at Seatssa proves to lie" P'PilM' Mi ■aoMasfal, the Stanpm Water Ski FtMtorattea, the trrssterrfr aim to sake It a legator affair. Seatssa Develepiaeat Cerperattoi is atosiatoreated la maHag It wtlw attraetlsa to tM to the activities avallaS148 words
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Page 13 Advertisements
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Advertisement34 1979-04-28 13 I? 51 *-.v a leap into Inxnry with living deep in the Tvudto Road hinterland ffl Yes, yen can have French feed without garlic mmmmlV Machines eaanet make yen fit en their ewn IV34 words
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Advertisement323 1979-04-28 13 n m GOOD READING FOR ALL PARENTS RSSSffi Learning Through Play is a book chock full of ideas for I simple games, activities and I experiments, designed to help children develop their minds and bodies. Babyhood should be required reading not only for all parents but for every doctor or323 words
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Page 13 Miscellaneous
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Miscellaneous789 1979-04-28 13 WHAT WHERE FILMS TODAY AT 10.45 am the National Museum will be screening three colour films (or students, Vlewpelnt m Sydney, Spirts Medicine and C*we, by courtesy of the Australian High Commission. Admission is free. TOMORROW at 3pm the Singapore Science Centre will be screening two documents titled Übmm Enemies789 words
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Page 14 Advertisements
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Advertisement29 1979-04-28 14 s«6O/MfISUB MITSUBISHI E3JQA fr' fjouno %7 3 C OB -■4. m p* y Np> '"eon For further details, get a copy of THE CRAFT OF SOUND —Issue 7 NOW!29 words
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Page 14 Miscellaneous
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Miscellaneous22 1979-04-28 14 TEST YOUR ENDGAME EH IH Whho tomovm. Con you mo how Whit* con fono o win in this position Solution noxt wok.22 words
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Page 15 Advertisements
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Advertisement30 1979-04-28 15 ANTIQUES HK CMEK MTUKS I HHS UT RWOK GALLERY Pt«. Ltd. *****3, FIST FLOOR. FN CAST SHOfffK COfTK i i",''; ii v ijß 13 B-/ wV4.IT nKKtKMTNKir rami KroNiunsact mt30 words
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Advertisement247 1979-04-28 15 OFFER ill. allAi uF3IAL twrt—t phase h The site is situated in the prestigeous housing area at the junction of Meyer and Arthur Roads, opposite the famous Katong Park. It is only 5 kilometers away from the Central Business District. Such social amenities as schools, kindergarten, post-office, cinemas, markets, supermarkets,247 words
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Advertisement87 1979-04-28 15 RIDG6UUOOD the Mosf I diked About Condominium in Singapore Now Booking! Spectacular 3-4 Bedroom Apartments. Superior Finish. Built -in Cupboards. Kitchen with ceramic tiles, cooker hood, washer and dryer. Sales Prices fromsl96,ooo FACILITIES 6 Parklike hectares A superlative Recreational Area, complete with 2 Pools, 2 Tennis Courts, Badminton, Basketball, Squash,87 words
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Page 16 Advertisements
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Advertisement144 1979-04-28 16 I 1 1 i ite 51 Yj t M R n i «'K "-rrTZ Si f "iff*?'**'/* /j'f/** *'**tJOOU/M* w ''f'rt*imirirmmrm~*»»'* 7ZT?I£. ''Hi ill Buy a pea green boat or sell a nautical puss. Leisure Times is right on target For as little as $15, you can sell anything in144 words
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