The Business Times, 4 August 1979
1979-08-04
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The Business Times
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Title Section10 1979-08-04 1 BUSINESS TIMES M.C.(P) No. 148/1/79 SATURDAY, AUGUST 4,1979 50 CENTS10 words
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BRIEFLY...
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Article102 1979-08-04 1 Reuter ROTTERDAM, Fri. The supertanker Atlantic Empress, still afire after a collision in the Caribbean two weeks ago, sank last night in a mass of blazing oil and became the biggest ship ever lost, salvage and insurance authorities said today. Insurers of the huge vessel, which had aReuter - 102 words
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Article66 1979-08-04 1 Reuter LONDON, Fri. Travellers at British ports and airports met few delays today despite a work to rule by Customs officers but an airline chief said there could be ugly scenes if the action continued. British Airways chief executive Roy Watts said the airline is concerned that theReuter - 66 words
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Article55 1979-08-04 1 Reuter BEIJING, Fri. Chinese plants turning out military supplies are turning to production of consumer goods to use up spare capacity, the New China News Agency said today. It said their output included refrigerators, cameras, medical equipment, telescopes, microscopes, sewing machines and "a hundred and one" otherReuter - 55 words
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Article64 1979-08-04 1 AP ROME, Fri. Record shipments of wheat and grain this year have already strained the world's shipping facilities and could create serious bottlenecks, the UN Food and Agriculture Organisation warned today. FAO officials said freight rates for grain have doubled since the end of last year and ships haveAP - 64 words
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Article45 1979-08-04 1 Reuter ROME, Fri. Strikes disrupted flights at Rome airport today and forced motorists to queue at petrol stations throughout Italy during a peak holiday period. A strike by oil tanker drivers led to queues hundreds of metres long outside the petrol stations. Reuter.Reuter - 45 words
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Article61 1979-08-04 1 Reuter TOKYO, Fri. A government advisory group proposed a detailed seven-year economic and social plan calling for an average real economic growth rate of 5.7 per cent, reduce unemployment and better welfare benefits. The Economic Deliberation Council, a private body, presented the programme to Prime Minister MasayoshiReuter - 61 words
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Article76 1979-08-04 1 UPI NEW YORK, Fri. The stock market headed lower early today in moderately active trading. The Dow Jones industrial average, which lost 2.39 points on Thursday, was off 1.19 points to 846.75 in the morning session. Declines led advances, 505 to 430, among the 1,423 issues crossing theUPI - 76 words
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Article136 1979-08-04 1 Rises Indices Tractors Tan Chong M Banking 1 C B K Kampar Oriental Hldgs N B T Sin Chew O C B C FAN Guinness DBS U M W Fails Int Wood B Sembawang Spore Glass Glenealy J Cement Rothmans High A Low 630 360 670 330136 words
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Article, Illustration158 1979-08-04 1 Rises Indices OU E 306 22 Aug 2 Aug 3 SEA Corp Tan Chong Oriental 1020 20 B.T.Index: 362 14 3263.98 3283.38 310 12 Industrials: 411.14 412.14 N Iron 530 10 Finance: 592.95 596.35 Tractors 635 10 Hotels: 254.91 256.84 Matsushita 505 +09 Properties: 233.76 234.07 U M158 words
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704 1979-08-04 1 WANG LOOK KEAH - AMERICA-ASIA STRATEGY By WANG LOOK KEAH SINGAPORE Airlines plans to slash Pacific fares even further in a proposal recently submitted to the American government. In addition, the new fares will apply not only to flights between Singapore and the US but also to a704 words
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Article275 1979-08-04 1 GOLD fought a defensive i battle yesterday against < further price declines as it fluctuated within a narrow band of US$2BB and US$29l an ounce. In Far East markets, the yellow metal opened higher at US$29l on buying support but was traded down in the275 words
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Article, Illustration538 1979-08-04 1 COLIN CHEE - By COLIN CHEE A NUMBER of local and foreign banks are vying to finance an estimated $150 million hotel project which is said to be the biggest to emerge from the current Urban Redevelopment Authority (URA) site sale. The banks include the Oversea-Chinese538 words
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266 1979-08-04 1 SENTIMENT at the stock market el Singapore yesterday wu shared ap by a lew heartening halfyearly corporate re parts. Heading the list was plantation company Keck Seng (Malaysia) which mare thaa tripled its pretax profit far the six months ended Jane M.266 words
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Article358 1979-08-04 1 By THE EDITOR, Business Times THE REACTION of General Electric to the Business Times report on its study on the merits of Malaysia as a manufacturing centre is very difficult to fathom. In a brief release to selected newspapers late yesterday (printed in358 words
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Article178 1979-08-04 1 "GENERAL Eleetrle (USA) Is dismayed by a recently published story which stated that Singapore Is n longer attractive to GE. A GE pokes man said "Singapore Is very important to the General Electric (USA) Company and will continue to play a most Important role in GE's worldwide operations."178 words
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Page 1 Advertisements
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Advertisement243 1979-08-04 1 McCarthy Information Services (UK) We invite the Singapore business community to subscribe to the UK-based McCarthy Information Services at the same price as British subscribers receive these weekly services in the United Kingdom. This has been made possible because the services are air-freighted to Singapore in bulk and distributed by243 words
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Advertisement67 1979-08-04 1 Leader... Page C TWO Asean computer companies Join hands 2 IMF revises growth forecast d0wnward5............................... 5 TOWARDS more eqaitaMe drag di5trib0ti0n............................... STOCK market report H LEISURE TIMES HOCK Lock Slew analyses Keck Seng 11 NISSAN stadies feasibility of making ear parts here 12 DOLLAR depreciation erodes KL's oil earnings 1267 words
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Advertisement0 1979-08-04 1 %$,\@./~^]=?+%:%:)`,@>-|<@)};>&0 words
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Advertisement25 1979-08-04 1 The wett-balanced PPC FREEZOMINT The brand leading creme de menthe From CUSEIVIER HOCK TONG BEE PTE. LTD. 347 Bukit Timah Road Spore 1025 Tel *****5525 words
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TRADE AND INDUSTRY
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Article478 1979-08-04 2 COURSES AND TALKS Aug 1-8: PUB Electricity Training Course, RELC, PUB April 30-Aug 24: Tuition Courses for the Australian Insurance Institute Associateship, SITC, SITC June 22-Aug 18: Systematic training for effective parenting, Waterloo Street Centre, Dept of Extramural Studies Aug 13-27: Managing People At Work, NPB Town Training478 words
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411 1979-08-04 2 CHOO AI LENG - By CHOO AI LENG TOTAL Computer Systems (TCS) has signed an agreement with a Filipino firm, Consultants Internationale, to market computer systems in the Philippines. A locally-owned computer company, TCS will supply equipment from Prime Computer to Consultants Internationale, the largest computer firm in411 words
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Article58 1979-08-04 2 EAST Asiatic (S) has implemented the latest National Wages Council's recommendations in full and made retrospective to July 1. The agreement affects about 270 of the company's non-executive staff. It benefits primarily the lower-paid staff. Those earning $200 a month, for instance, will get, after offsetting,58 words
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Article44 1979-08-04 2 MECOMB Technical Training Centre will hold a course on Basic Data Communication at its premises at Suite 5264, Woh Hup Complex, on Aug 7 and 8. An alternative evening course will be conducted on Aug 28 and 30, and Sept 4 and 6.44 words
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272 1979-08-04 2 ASIAN governments and managements have shown a greater willingness to come to terms with computerisation. There are at present 1.364 computer installations in Hongkong, Indonesia, Malaysia, Philippines, Thailand and Singapore. Disclosing this a publication which covers the computer industry in Asia, Asian Computer Yearbook 1979-1980,272 words
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Article251 1979-08-04 2 GOLD-PLATED orchids from Malaysia and Singapore were the highlight of the London Impo-Expo 1979, an exhibition organised by the United Kingdom Trade Agency for Developing Countries. Miss Dorothy Chang, Risis export agent, said the orchids could do very well in Britain as they offer the mystique251 words
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Article200 1979-08-04 2 THE Malaysian Ministry of Trade and Industry will meet owners and operators of coastal vessels soon to discuss the proposal to increase the bunker surcharge and general freight rates. The decision to hold the meeting arose from a letter the Ministry's shipping unit received from 12 shipowners200 words
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299 1979-08-04 2 THE FOUR-DAY Computer America '79 exhibition ended on a buoyant note yesterday, with most of its exhibitors receiving many serious enquiries from Singapore companies. Several on-the-spot sales were also made, but no figures were available. About 30 US companies participated in the299 words
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Article347 1979-08-04 2 RUTH CHENG - By RUTH CHENG A NEW plastics manufacturing company. Maya Plastic Industries has been formed to take over the facilities of Singapore PE, which was under receivership. Maya Plastics was incorporated in April with a paidup capital of $1.5 million. It took over Singapore PE's assets for347 words
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Article, Illustration317 1979-08-04 2 MR RICHARD Henry Williamson has been appointed manager of Merrill Lynch International (Asia) and resident representative of Merrill Lynch International Bank. He brings with him more than 10 years of experience in international and investment banking having been the adviser and chief operating officer for the Kuwaiti317 words
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Article, Illustration483 1979-08-04 2 EXPECTED ARRIVALS TODAY KEPPEL WHARVES Aktyubinsk (Tanker) (0600 after Megh Doot P/O Subject Gas Free) 15/16 Bunga Bindang (0700) 19 lason (after Ragna Bakke sails (Group I on board) 35/36 Kimanis (1300 after Straits Star) 21 Palm Sea Horse (Tanker) (2300 after Dove P/O) 13/ 14 Sinaloa483 words
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Page 2 Advertisements
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Advertisement152 1979-08-04 2 FYeview the new Britannica 3 t t f f Get one of these Bantam/Britannica books FREE! IIMO Bantam/Britannica books on (1) The Arabs; j (2) The U.S. Government; j (3) Disaster! and (4) The Ocean, i The publishers of Encyclopaedia Britannica 3, the most advanced and comprehensive encyclopaedia available today,152 words
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REGIONAL
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361 1979-08-04 3 CONSUMER prices in Peninsular Malaysia were 4.3 per cent higher in May compared with last May's ratio. Latest Statictics Department figures show that the consumer price index (CPI) for May was 167.2 (base 1967). This was caused mainly by higher costs of food,361 words
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128 1979-08-04 3 AP A US textile delegation has left Beijing after brief, informal and quietly conducted talks, the American Embassy said yesterday. There was no word on whether progress was made. The delegation, headed by Ambassador Michael Smith, was listed on the Embassy visitors' roster as havingAP - 128 words
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556 1979-08-04 3 AP THE Australian economy is expected to accelerate further this year and inflation may be held around 1978 levels, but no improvement is likely in the unemployment situation. In its annual review of the Australian economy, the Organisation for Economic Development (OECD), added thatAP - 556 words
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196 1979-08-04 3 AFP THE Australian and New Zealand governments have worked out a possible solution to the Christmas Island wage dispute following a meeting in Sydney yesterday. But the Australian Home Affairs Minister, Mr Bob Ellicott, said later that the details of the solution would not beAFP - 196 words
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357 1979-08-04 3 Reuter INDIAN Premier Charan Singh is expected to expand his one-week old government and search for a new Law Minister. Former Indian Supreme Court Judge Hans Raj Khanna resigned on Thursday, after four days in office. His resignation was reported by the Press TrustReuter - 357 words
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Article144 1979-08-04 3 AFP trade with the US has apparently recovered from the impact of US recognition of communist China. Official US figures show exports from Taiwan to the US in June this year, reached US$57O million (551,254 million), returning to the level of late last year, be- fore theAFP - 144 words
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The region in brief
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Article454 1979-08-04 3 Agencies STANDARD Telephones and Cables (STC) said its submarine systems division has been awarded a US$23 million contract for a submarine telephone cable system to be laid in the Indian Ocean. The 1,350-nautical mile system will provide 480 telephone circuits with signals boosted by 173 amplifiers alongAgencies - 454 words
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Article121 1979-08-04 3 AFP NINETEEN college graduates from Saudi Arabia are undergoing a two-month internship programme in Taiwan to gain practical engineering experience from Taiwan's various construction projects. The programme is cosponsored by Taiwan's four major engineering firms Ret-ser Engineering Agency, Taiwan Power Company, China Engineering Consultants and ChinaAFP - 121 words
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257 1979-08-04 3 Reuter RECENT oil price rises (-•aid help to turn Japan's current acconat balance of payments into a big deficit of about US$5 billion (Ssl2 billion) this year, Bank of Japan Governor Tetichlro Moriaaga said. This would be a massive drop from aReuter - 257 words
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Article453 1979-08-04 3 Agencies PRESSURE is now mounting for further international efforts to deal with the refugee problem in Cambodia and Vietnam. Japan has decided to prepare for an international conference on the Cambodian refugee problem, including diplomatic contacts with concerned nations such as China and Vietnam,Agencies - 453 words
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Article134 1979-08-04 3 AFP TWO Chinese cadres risk serious priion sentences for having ordered the destruction of a field of ripe watermelons in the belief that growing them was "a capitalist practice." New Chiib News Agency reported that the resulting losses in the brigade in Zhengding county, Hebei provinceAFP - 134 words
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383 1979-08-04 3 AFP AUSTRALIAN Prime Minister Malcolm Fraser hit out at Vietnam at the Commonwealth conference in Lusaka, Zambia, likening the refugee exodus to the flight of Jews from pre-war Germany. Mr Fraser, who was speaking at a closed-door session that dealt mainly with South-eastAFP - 383 words
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254 1979-08-04 3 Reuter THE Chinese Foreign Ministry had no comment on a Hongkong report that a senior Vietnamese official, Hoang Van Hoan, had defected to China. Reliable diplomatic sources in Beijing, however, said they had independent confirmation that Mr Hoan, who still held theReuter - 254 words
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Page 3 Advertisements
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Advertisement259 1979-08-04 3 Now! The Buku Merah offers you an ever more effective way of selling your products and services In the Buku Merah's pink pages, classifieds business section It pays to be listed in the Straits Times Directory of Singapore. Singapore businessmen have known that for the last 82 years and that259 words
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RAW MATERIALS
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341 1979-08-04 4 SIMILAR to last week, the market commenced on a steadier note, taking August One RSS briefly to a peak of 298 cents per kilo before easing to finish four cents down on balance, says Holiday, Cutler, Bath ft Co. in its review of the341 words
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Article194 1979-08-04 4 YARN and cotton prices were quoted as follows in Hongkong yesterday: (In HK dollars, spot ex-godown) Cat ton vara: China Blue Phoenix 20s 2.260; 32s 2.790 40s 3,015 (per bale of 400 lbs). Piece gaads: China Butterfly and Globe brand unq; Dragon Head unq; Five Lambs unq; Flower and194 words
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Article69 1979-08-04 4 Reuter TYPHOON Hope, which hit Hongkong on Thursday, devastated 2,9 M acres of vegetables and killed 113,1 M livestock, mostly chickens, the Agricaltnre and Fisheries Department said. A spokesman for the department said about 75 per cent of crops under cultivation were destroyed. No details of damage toReuter - 69 words
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Article361 1979-08-04 4 COPRA and coconut oil prices underwent further erosion in a generally dull and featureless Singapore produce market yesterday. Sentiment was affected by the flush supply situation in the Philippines which is by far the world's biggest producer of coconut oil. Its marking down of prices in the previous361 words
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Article137 1979-08-04 4 CHICAGO soybean futures closed with losses in all but the nearby August, which gained one cent a bushel in light trading. Word that movement of soybeans out of Chicago by ship continued gave strength to the nearby, traders said. Losses ranged from 3/4 cent to four cents. Pressure came137 words
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Article164 1979-08-04 4 WHEAT futures in Chicago on Thursday closed seven to eight US cents a bushel lower. Prices plunged on a wave of liquidation unleashed when buyer interest failed to materialise following the USDA announcement that the Soviets would be allowed to buy more wheat, traders said. Doubts whether the Soviets164 words
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Article70 1979-08-04 4 THE STRAITS tin price in Penang yesterday feU Ms2s to a ptcul. The Market fell in correction to Thursday's sharp appreciation on larger increased supplies of tin concentrates hy miners, dealers said. Bat, at this level, European and US baying demand were prompted by the steadier conditions on70 words
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Article318 1979-08-04 4 SINGAPORE: Yesterdays closing prices in S| per kilo, ex-godown: THAI WHITE: 100 per cent first class (Kangaroo) new crop 0%. 100 per cent second class 0.85, 100 per cent third class 0.80. 25 per cent new crop no stock, B-10 per cent 0.70 THAI BROKEN. A super 0.62. Special318 words
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Article319 1979-08-04 4 OPENING quotations in Singapore yesterday were marked up about 1.50 cents in line with Thursday's afterhours steadiness here and following slightly improved London advices. The market later advanced further on shortcovering, speculative and upcountry buying, dealers said. Trading, however, was thin. Prices firmed during morning trading and August One319 words
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Article423 1979-08-04 4 R A S prices in cents per kilo yesterday: Noon Close (per kilo) (per kilo) Buyers Sellers Buyers Sellers Int. 1 R.S.S. prompt f.o.b. 293 50 294.50N 293 75 294.75N Int. 1 R.S S. August 291.50 292 00 292 00 292 25 Int. 1 R.S.S. September 290 50423 words
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Article127 1979-08-04 4 NOON SSR and SMR i 3 1 RAS Aufuil September 1 Carre at Mtk) (forward Mthl Buyer* Seller* Buyer* Sailer* SSR 20 O-toa i pallet) 278 00N 280 OON 278 00 280 OON SSR SO (1 l« i pallet) 275.00 277 OON 275 00 277 .OON MRELB127 words
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Article31 1979-08-04 4 Rubber Aug 3 Singapore: August: 292.00 cents (up 3.25 cents) Malaysia: August: 291.50 cents (up 3.00 cents) Tin: M 51,900 (down $25) Official offering: 195 tonnes (up 71 tonnes)31 words
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Article175 1979-08-04 4 THE SUGAR futures market yesterday closed firmer compared with Wednesday's close following the market closure on Thursday due to Typhoon Hope, dealers said. September closed at 8.75/ 80 US cents against Wednesday's 8.45/50 close, October at 9.05/10 against 8.75/80 and July at 10.80/85 against 10.65/70 cents. Cotton trading175 words
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Article638 1979-08-04 4 COFFEE: Robusta futures yesterday pared opening losses to close a quiet morning £14 to £4 down from Thursday in sales of 841 lots including six options. Opening losses had ranged from £15 to £35 stg per tonne. Continued mixed dealer and trade buying helped reduce opening losses but638 words
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Article69 1979-08-04 4 C.I.F. North European ports, tn US dollars per ton unless otherwise stated. LONDON: Thura Previous Malaysian SHffa bulk per tonne September 655pd 654 '.sir Sumatra 5% ffa bulk Afloat unch 670pd August unch 665pd September 667 pd 660/662'.pd October unch 662' pd November unch 659 '.pd Nigeria 5%69 words
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ASIAN STOCKS
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659 1979-08-04 4 TOKYO Source: DBS-Daiwa THE NIKKEI Dow-Jones average rose for the seventh straight session, recording a high since May 16 when it was 6,341.26. The market was bullish over a broad front. In the morning session, natural resources-related stocks and trading-house, oil and electric applianceSource: DBS-Daiwa - 659 words
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Article324 1979-08-04 4 THE STOCK market yesterday closed higher In thin trading dealers said. Bangkok Bank rose six baht to 356, General Finance four to 154, First Trust five to 153, Patratanakit six to 212 and Asia Credit two to 240, while in cements Jalaprathan Cement rose two baht to 16, Siam324 words
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Article244 1979-08-04 4 AUG 03 HKS Amal Rubber 4.00 Associated Hotels 3.10 -015 Bo waters Cheong Kong 13-30 -0 3 China Engl China Light 4 225 unch 21 JO -02 City Hotels Cltjr Uroan 1.72 Comsopo) Cross Harb Tunnel II 8.15 East Asia Navlg 115 unch Far East Exch Phllex 0 1500244 words
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Article250 1979-08-04 4 AUG 03 CenU INDUSTRIALS A. C. t 189 42 A. N I. 177 4-5 A P M 12& unch Ampol Pet B. H P. 07 -2 932 412 Bulk NSW 28C *0 Bora. 222 unch Brambles 165 I'iBMBMM MM r^vrmMMi 060 4-20 Dunlop 00 -2 Ex Ind. 320 +5250 words
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Article117 1979-08-04 4 THE MARKET yesterday closed mixed with commercials and oils easier while minings advanced, dealers said. AUG 03 Pesos AcoJ« Mining ooe unch au&i Con. A Ailu Con B. 18.50 -01 Bagulo Gold ooe unch Benfuet Con. B DP n/vwtrt/'h J4.50 19.00 unch or uwuncii CDCP 1500 unch Inco B117 words
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Article64 1979-08-04 4 FINANCIAL TIMES INDUSTRIALS Thursday 455.7 Wednesday 456.8 Week Ago 461.5 DOW JONES AVERAGE INDUSTRIALS Thursday 847.95 Wednesday 850.34 Week ago 839.76 LONDON DOLLAR PREMIUM Thursday 24'. to 24 Wednesday 24 to 24 1 H.K.HANG SENG Friday 806.59 Thursday closed Week ago 623.21 SYDNEY INDUSTRIALS Friday 488.01 Thursday 487.3964 words
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Page 4 Advertisements
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Advertisement383 1979-08-04 4 From Youth in theArniy Vlmi •Wmin KhMcffhfi BOOKS ABOUT ASIA The Asia Pacific region has always been a focus of world attention, but at the same time, there is a great deal of ignorance about the region as a whole, primarily because of the cultural, political, historical and other differences383 words
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OVERSEAS
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393 1979-08-04 5 AFP OIL consumption dropped in the US in the first five months of this year, but increased in other industrialised nations, the Organisation for Economic Cooperation and Development (OECD) said this week. An OECD report said US oil consumption fell by 1.8 per cent comparedAFP - 393 words
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164 1979-08-04 5 AFP AN all-party conferenee m the Rhodeslaa conflict Is now being negotiated nt the Commonwealth conference in Lusaka, Zambia, by British Prime Minister Margaret Thatcher and live other participants, the GnanHaa reported In London. The paper said Mrs Thatcher had proposed the conference, which wonMAFP - 164 words
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299 1979-08-04 5 Reuter FRANCE, backed by its Common Market partners, is taking the lead in establishing closer contacts between the European Economic Community (EEC) and the Arab Gulf states for long-term oil supplies, French officials said on Thursday. The move could lead to a top-levelReuter - 299 words
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Article758 1979-08-04 5 ARRIVALS Service Local Operator Number Time From SIA SQ63 1155 MNL RBA BI423 1200 BWN GIA GA982 1200 HLP SIA SQ240 1210 MES KLM KL837 1230 AMS FRA DXB BKK SIA SQ201 1245 HLP MAS MH684 1245 KCH SIA SQ1 2035 SFO/HNL HKG MAS MH651 1330 (MES)758 words
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Article653 1979-08-04 5 NYT THE International Monetary Fund (IMF) has submitted new forecasts to its 138 member countries projecting economic growth in the industrial countries next year at about 2'A per cent, compared with the 3Vi per cent forecast last spring. But the Fund's managing director, Mr Jacques deNYT - 653 words
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306 1979-08-04 5 AP IRAN'S leading political group, the National Front, is to boycott elections for an assembly of experts who will formulate and ratify the country's new constitution. The elections for the 73seat assembly were scheduled for yesterday. The National Front was one of manyAP - 306 words
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Article121 1979-08-04 5 UPI THE US State Department, while reaffirming the administration's policy -of "strict impartiality" in Northern Ireland, confirmed that the US has suspended sales of arms to the province's police forces. "It is true that a review of our arms sales policy is under way andUPI - 121 words
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WORLD IN BRIEF
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Article609 1979-08-04 5 THE US Senate Foreign Relations Committee released a letter from Admiral Stansfield Turner, the director of the Central Intelligence Agency, saying that the US will be able to monitor most of the Salt Two's treaty provisions well enough to provide confidence that the Soviets cannot gain a609 words
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Page 5 Advertisements
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Advertisement367 1979-08-04 5 THE CHftSTOPHERf I A Mm M*m ££Ui TRTPOT.T Hamlyn Paperbacks ~7 TH E HEIR —by Christopher Keane When oil was discovered in a small desert sheikdom, the dogs of war begin to gather and Rama Khan's homeland falls ptey to giant corporations and hired I s mercenaries. Accustomed to the367 words
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Article418 1979-08-04 6 IN THE days when infinity was a concept light years beyond the grasp of the common man, when aerial flight by man was but an insane gleam in the eyes of a heretic, when only birds and bird-brains like Icarus dared to flap their418 words
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243 1979-08-04 6 IT IS paradoxical that local banks have to compete so hard with foreign banks for the right to put together a loan that is essentially a Singapore dollar loan for a domestic construction project. Speculation that foreign banks have the inside track on the243 words
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1036 1979-08-04 6 PAUL ICAMINA - The World Health Organisation fights lor cheaper drugs that are indispensable in the control of communicable diseases in developing world. But this policy is often being misunderstood by multinational drug manufacturers. PAUL ICAMINA reports on WHO'S new Pacific director and his concern for a moreDepthnews Science Service - 1,036 words
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808 1979-08-04 6 THOMAS LAND - By THOMAS LAND FT THE EUROPEAN Commission wants to cut down drug is getting steadily worse in Europe. It is likely to start by curbing the intense advertising pressure directed at family doctors by the pharmaceutical industry. The Commission is the secretariat of the European CommunityFT - 808 words
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Page 6 Advertisements
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Advertisement95 1979-08-04 6 A PENGUIN BESTSELLER m Si s -J THE MALAYAN TRILOGY This famous trilogy wittily dissects the racial Time for a Tiger "His characters are and social prejudices of post-war Malay splendidly mad First class" during the chaotic upheaval of Independence. Through a succession of splendidly colourful characters, Anthony Burgess delineates95 words
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Page 6 Miscellaneous
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Miscellaneous1423 1979-08-04 6 Turn Reasonably watchable THE two iMvies today are rMNttkly watchable. A real oldie comes ea at 1.55 Springtime la the RoeUeo a musical with Betty GraMe, Joha Payae, Carmen Miranda and Ceaaar Reiner*. The MMnlght Mevie (It aetnalfy starts at UJBt pm) comes closer to ear times with The New1,423 words
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Article840 1979-08-04 7 ELIZABETH FOWLER - By ELIZABETH FOWLER NYT ENERGY managers, like many people in relatively new fields, find confusion abounds. Just what is an energy manager? Many companies have had someone in charge of energy management for years, which would indicate that the field is old. Yet, Eastern IllinoisNYT - 840 words
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Article, Illustration901 1979-08-04 7 DAVID LASCELLES - By DAVID LASCELLES FT A NEW YORK man with serious money problems recently went to a financial counsellor who quickly diagnosed the problem. The man had no fewer than 42 credit cards on which he had run up debts oI tens of thousandsFT - 901 words
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Article, Illustration755 1979-08-04 7 STEPHEN MILLER - By STEPHEN MILLER IT WAS coal that put the old Czechoslovakia!! town of Most, on the map. And it's that's taking it off again. „.»The city square is gone, vanished with the brewery. Pprass grows untended in t&e park outside the Divaldo Bieatre755 words
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668 1979-08-04 7 JOHN KOH - FORUM. with JOHN KOH IT IS fashionable these days to distrust the market mechanism. In law, the contract, and the notion that it is freely bargained, has recently come under close scrutiny and has been challenged by legislators and judges. A survey of668 words
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Article252 1979-08-04 7 Letter to the Editor Dear Sir, The multi-national advertising agency that altered a photograph of a certificate signed by the Director of Education and issued to a student of the Nanyang Girls' High School in an advertisement for an internationally-known correspondence school (New Nation, July 31)252 words
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Page 7 Advertisements
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Advertisement135 1979-08-04 7 RUNNERS HANDBOOK Wmi ipi 11 iwwtttt— w.mViV^V!, KUNNBRZ HANDBOOK =7 RUA/A/B*ts WHY DO RUNNERS MAKE SETTER I ZOMEKS mi i HANDBOOK RUNNING- I srtMuuml ulasfccrl OF HEALTH A' RUNNER'S Handbook mm ■z\ 4 to«r. iinm 5 Here at last is The Runners Handbook, a complete Fitness guide for Men and135 words
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INTERNATIONAL STOCKS
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EUROPEAN MARKETS
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Article256 1979-08-04 8 AUG 02 Fr* CORBEILLE Air-Llqulde B S N Gervals Danone C S F (ThomsonCst) Cle Francalse des Petroles Compazine Flnanciere Compagnie 478 645 395 188.10 338-50 -09 7 15 -1.4 0.5 Credit Foncler De France Hachette (Llbrairle)... Machines Bull Mlcheltn (B) Partbas Pechlney Clgine Kuhlmann Peugeot Philips (Nv Gem256 words
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Article202 1979-08-04 8 AUO 02 Dm Aef-Telefunken 45.80 -1.1 Akso 2530 Alls Leben moo unch AUs Vers 472 00 unch BASF 138.10 -0.1 Bay H T Wtmnk ***** >1 Bay Vfitnk 284 00 2 Bayer 132-50 flBT ***** BMW 191.00B Cassella 345.00 Chem Verw ***** Commerxbank 208.30 03 Contl Oummi 54.30 -02202 words
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Article192 1979-08-04 8 AUG 02 Francs Actions Sullies as unch Alusulsae Br. 1380 10 Aliuutne Reg. 487 2 Brown Borerl Br law 15 Clbai Oelgjr Br. 1210 15 Clba Gelfjr P C 1035 10 Clba Oelfjr Rm Credit Sulne Br mn ♦S 2230 unch Credit Suisse Ret 427 1 Elektrowatt Br. 2130192 words
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Article204 1979-08-04 8 AUG 02 Fls ARM 335 50 -li Ahold 88 50 0.3 Akzo 27 70 unch amev 93 70 02 Am fas 110.50 unch Am rot Bank 70 80 0.3 Bergoss 58.50 unch Berk 94 90 0.9 Bols 66.20 -05 Borsumlj 104.00 +0.8 Burhmann 61 30 -05 Byenkorf 70 80204 words
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Article85 1979-08-04 8 A (JO 02 FT* FORWARD MARKET Ace c «25 Art* AsU ed 2830 IT 566 Bructn 9*4 Bru-L&mb 1790 CaiiMu: 836 Cocl k 47ft Oe i Ebr Electfobel 6480 Ob-Inno-Bm 2650 1 > o*v 1190 Hobok 2900 I Peuo i «M Ryl Dutch an -40 35 Sldro U2I Soc85 words
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Article97 1979-08-04 8 AUG 02 Lire Ante 16 •*-025 Assoc Gen ***** -685 773 3 Central* 5515 -134 Vtet 2860 -25 Finsider 136.75 -2.25 Gen Immob 81 •2 rn Prt 2620 -70 ItAlcemenu ***** •100 ItAlftf 806 -10.5 ItAlstder 370 -6 Magneti II Pf 646 -4 Marelll Ere 298 -I Medlob Mirmi&nza97 words
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Article1341 1979-08-04 8 NEW YORK PROFIT-TAKING and some unsettling economic news left the stock market mixed in active trading on Thursday Analysts noted the market had gained more than 10 points this week as measured by the Dow Jones industrial average, prompting some profit-taking. Nervousness ahead of the weekly banking figures1,341 words
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Article214 1979-08-04 8 AUG 02 n» AblUbl 18*» Alcan »>. Anoma 27 Bank Mont 25 Bank Nova Scotia 24-» Bell Tel 21 V, Betft Corp BP Can Lid I 27 -W Brascan 22'* Camp Red Lake 22 Can Imp Bk 26h Canpac 22 unch Canp<u In* Pf 16 B unch Carltnf OKeefe214 words
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Page 8 Advertisements
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Advertisement84 1979-08-04 8 Where to wine, dine and entertain I <S ft V mm v.----f a* 4 t>r«* **>& V Everything's here at the Mirabelle »< »< J vV «tfT t •ffirJ bW All the ingredients for an enchanted evening are here Superb Continental cuisine and choicest vintage wines In an elegant and84 words
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Advertisement159 1979-08-04 8 c r ■fl For drinking. For dancing. For delightful evenings. Music by Bacchus International of London. Open hours: SUX THUR 9 PM JAM SUV) IST DRIXK f'Rf. SA T 9 PM 3AM Sl5 <H> 3% IST DRIXK C entury I'nrk Sln'mum SHERATON HOTELS AND INNS WORLDWIDE N«fSVr\ H... S>ny«»po f159 words
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Advertisement123 1979-08-04 8 See Page 4 for Asian stocks See Page 9 for Jo'burg prices :rrr--9 r Steak Horn Try our Teppan-Yaki steak In our cosy, personalised atmosphere A truly mouth-watering delight And a time that you'll remember. Business Hours: Lunch 12.00 noon 2.30 p.m. Dinner 6.00 p.m. 10.30 p.m. TEPPAN-YAKI STEAK HOUSE123 words
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Advertisement156 1979-08-04 8 tWJ Take a new look at the Harbour Grill. Treat yourself and your business associates to an excellent lunch selected from our superb offering of choice CIS prime beef, our daily Nouvelle Cuisine specialities or let our executive Chef, Leo Waldemeier help you pick a menu that will make it156 words
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Advertisement93 1979-08-04 8 WA 4 is£* You can listen or dance to the tempting disco heats t»r uau h them dance those fancy disco movements. I his is the place where we alu avs have surprises. Here is w here vou should he IVe open daily from 9.(K) p.m 1 (Kla.ni Saturday K93 words
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BANKING AND FINANCE
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478 1979-08-04 9 ALGEMENE Bank Nederland (ABN) is the latest European bank to set up an investment banking arm in Singapore to enhance its services in the region. The investment banking unit, which shares premises with the bank's branch at Cecil Street, is an extension of478 words
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124 1979-08-04 9 Reuter THE International Monetary Fund has named the 16 successful bidders at its monthly gold auction. The successful bidders were Dresdner (South-east Asia) Singapore, Johnson Matthey Bankers of London, Samuel Montagu and Co of London, North American Coin and Currency of Phoenix, Swiss BankReuter - 124 words
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Article96 1979-08-04 9 Reuter THE POLICY Board of the Bank of Japan has decided to raise the interest rates of bank deposits by 0.75 per cent for time deposits and 0.5 per cent for demand deposits, effective from Aug 13. This move followed a one per cent official discountReuter - 96 words
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468 1979-08-04 9 NYT THE chairman of the US House commerce subcommittee on consumer and monetary affairs has accused the Federal Reserve Board of making an inadequate investigation before approving the takeover of Marine Midland Bank of New York by the Hongkong and Shanghai Banking Corp.NYT - 468 words
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Article76 1979-08-04 9 AFP THE British Bank of the Middle East, a member of the Hongkong Banking Group, has announced the opening of an offshore banking unit in Bahrain. The new unit will operate separately from the bank's commercial banking offices established in Bahrain a long time ago. ItAFP - 76 words
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182 1979-08-04 9 Reuter BRITAIN'S gold and foreign currency reserves rose US$l.43 billion to a record $23.50 billion in July, the Treasury said. Net of new foreign currency borrowing and repayments, and the revaluation of Britain's pooled reserves with the European Monetary Cooperation Fund (EMCF), theReuter - 182 words
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340 1979-08-04 9 NINE insurance firms doing business in London have filed a USS2O million (about Ss44 million) damage suit in the US Federal Court in San Francisco against Itel Corp and others alleging misrepresentation in obtaining reinsurance against risks of loss on340 words
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Article678 1979-08-04 9 PRIVATE sector liquidity in the first quarter in Malaysia this year had grown at a rate faster than growth in money supply. In its latest quarterly economic bulletin. Bank Negara attributed this sharp increase in the broader version of money supply including fixed and savings deposits to the678 words
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Article237 1979-08-04 9 THE Dutch guilder may be devalued against the US dollar if US interest rates continue to rise. This was predicted by the latest issue of Financial Digest published by Manufacturers Hanover Trust. After trading around the DFL 1.99 US$l level during most of the latter half237 words
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Article310 1979-08-04 9 INDUSTRIALS A Alpha 156 unch A bercom 228 -2 AE And CI 465 5 AMIC 1510 Barlows 560 3 Cg Sugar 060 unch CNA 250 unch Currie Finance 86 De Beers Ind 1625 Edcon 340 ♦10 Edgars 4000B unch Eve ready Fed Vol* 200 +5 Fugtt 125 Oardlan Olenanl310 words
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MONEY AND EXCHANGE$
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Article470 1979-08-04 9 THE FOREIGN exchange market was extremely quiet yesterday, and particularly so in the morning. Some movement, however, was registered in sterling trading. Opening at 1.8320/30 against the deutschemark, the US dollar slipped slightly to 1.8300/10 when London came in. The dollar then gained some strength and later closed470 words
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Article231 1979-08-04 9 STERLING yesterday opened firmer against major currencies while the dollar also rose, particularly against the deutshcemark. It had gained overnight in new york on apparent switches from marks into sterling by german banks, which also weakened the mark against the dollar, dealers said. The British currency opened at U552.2795231 words
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Article189 1979-08-04 9 Asian rates ASIAN currency deposit interbank rates as at close on Aug 3: 7 days 1 month 2 months 3 months 6 months 9 months 12 months US Dollars*Spot) Offer Bid 10 15/16 10 13/16 in li'i u>. u 11'. 11 11'. 11 io 7 io 1013/*****1/16 1 month 3189 words
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Article46 1979-08-04 9 RANGE of prices offered by discount houses on Aug 3: Overnight Call deposits V< Cloting Buying Selling 3 month Treasury bills 5 4 T 3 month Bank bills 1". T. 3 month CD 7'< 7 6 month CD 7"< 7"i Source: National Discount Co Ltd46 words
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Article21 1979-08-04 9 THE average rate at which Singapore banks are currently prepared to lend to their best customers is 8.25 per cent.21 words
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Article101 1979-08-04 9 THE US dollar for overnight delivery yesterday closed at 216.87 yen, slightly down from a 216.90 opening but up from 216.40 at Thursday's close, dealers said. Trading was quiet with volume US$225 million. The dollar fluctuated fractionally in very quiet late trading after a quiet start due to lack101 words
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Article265 1979-08-04 9 THE SINGAPORE gold futures market yesterday closed generally in active trading, dealers said. Prices at the outset fell by up to US$4.5O an ounce on long liquidation and profit-taking following the metal's weakness abroad. The market fluctuated in late afternoon trading after the London opening before closing with on-balance265 words
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Article55 1979-08-04 9 RESULTS of tender held yesterday for 91-day Treasury bills to be issued from Aug 6 to Aug 8, and on Aug 10, 1979: Offered: $30,000,000. Applied for: $50,000,000. Allotted: $30,000,000. Accepted bids: $98.76, approximately 37 per cent; higher bids in full. Average rate of discount on allotment:55 words
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Article138 1979-08-04 9 THE US dollar was quoted steady yesterday, in quiet trading ahead of the" weekend and following Thursday's closure here due to Typhoon Hope, with the market expecting little activity in Europe as operators make technical readjustments, dealers said. Sterling rose to an early US$2.2725/55 high on commercial demand but138 words
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Page 9 Advertisements
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Advertisement43 1979-08-04 9 KEEP UP WITH YOUR MANAGING DIRECTOR Subscribe today and save more than 20% off the newsstand price.... Just complete the coupon below and mail it, together with payment, to: Times Publishing Bhd. AW SJ Subscription Dept. Times House River Valley Road Singapore 092343 words
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Advertisement142 1979-08-04 9 i m Tt Jim 0' m Yi 1 1 y/ '4 zz *2A ,!"ii 'i I "17f "a •Hi, "I'ff 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 in Leisure Times a painting,142 words
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BUSINESS DONE ON THE SES AND KLSE
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Article1423 1979-08-04 10 BID and offer prices officially listed and business in and reported to the Stock Exchange of Singapore yesterday with the number o< shares traded shown in brackets in lots of 1.000 units unless otherwise specified. All Time Settlement Contracts are quoted after the word "sett". Big Board deal1,423 words
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Article152 1979-08-04 10 4 1/2* 1/8/80 (250.000) (99 158 99.255) 4 3/4% 16/9/80 (250.000) (99.308 99.406) 5 1/4* 1/3/81 (250.000) (***** 99.806) 5* 15/4/81 (250,000) (99.208 99JOS) 5* T F 1/5/83 (250.000) (100.0 SB 100.158) 5 3/4* T F 15/6/81-84 (250.000) (101.50S) 7* 15/4/85 (250.000) (100.808 100.906) 7* 1/8/85 (250.000) (*****8152 words
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Article87 1979-08-04 10 Striking prices of the options officially listed on the Stock Exchange of Singapore yesterday, the period, bids and offered prices and business done, if any, with the number of options traded shown in brackets. Haw Par (Sept $1.20) (0.268 0.325). Hum P E (Sept $1.60) (0.438). Paa Electric87 words
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Article162 1979-08-04 10 S pore Growth Fund 1 08' 1.13 SINGAPORE UNIT TEI'ST INCOME BOND I NIT (Ntiiim 1 prlco l It Aig 1) (Carreat pr Income Bond Irea) TV Commerce The Saving Fund 2 03 2.15 1.33 1.41 141 L S pore Prog Fund 0.96 1.00 S pore Sec. Fund162 words
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Article2612 1979-08-04 10 Gr'a Gr'a Net 1979 Laat Div Div Y*ld P/E Vol Day High Low Company Sale or- C'vr COOO> High Low SECTION ONE INDUSTRIAL A COMMERCIAL 261 207 Aetna 228 unch 15.0 2.2 6.5 11.6 1 228 228 190' 123* Alcom 173 10.0 U 5.7 23.0 142 1102,612 words
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Article1562 1979-08-04 10 BID and offer prices officially listed and business in and reported to the Kuala Lumpur Stock Exchange yesterday with the number of shares traded shown in brackets In lots of 1,000 units unless otherwise specified INDUSTRIALS AJUmmU (2MB) Aleem (1 808 1 82S) (2) 1.81 A Char1,562 words
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Article, Illustration676 1979-08-04 10 A FEW firm spots emerged here and there in lacklustre trading at the Stock Exchange of Singapore yesterday. The general tread remained narrowly mixed. Sentiment was still somewhat Inhibited as investors and speculators were, by and large, balding off for want of fresh Inducements. A dealer said676 words
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Article424 1979-08-04 10 MOTOR storks stole the limelight in slightly steadier Kuala Lumpur stork market yesterday Trading, although still hesitant, wu generally better as buyers emerged from the sidelines to trade selectively As a result at the improved conditions, total turnover expanded to 1.78 million units valued at $4424 words
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LATEST RESULTS
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Article75 1979-08-04 10 KECK SENG (Malaysia Bhd unaudited group net profit for the six months ended June 30 was Ms 3 21 million compared with $1 04 million in the previous corresponding period. Parent company net profit was $2.65 million ($671,000). The company declared an interim dividend of 10 per cent (7.5 per75 words
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Article46 1979-08-04 10 has reported net profit for the half year ended June 30, 1979 of M 52.35 million as compared with $903,431 the previous year, on sales of $6.88 million ($6.64 million). Company net profit was $2.35 million as against $716,820 the year before.46 words
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COMPANY NEWS
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Article, Illustration1197 1979-08-04 11 CATHERINE ONG - By CATHERINE ONG DURING THE last nine months or so, the shares of the two largest motor groups. Cycle and Carriage (C and C) and Wearnes, have been badly under-per-forming as viewed against the general market. C and C's share price, for instance, has1,197 words
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Article272 1979-08-04 11 Current Ex Books Date Total for Total for Payment Date Close Payable the year Previous year B Semb 40%(t) Jul 20 Jul 27 Aug 8 40% 20% Riverview 4%(n) Jul 26 Aug 7 Aug 15 7% 12% Sentosa ply 5%TE Jul 19 Jul 30 Aug 15 5%TE Riverview272 words
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Article76 1979-08-04 11 Company Particulars Ex Date Book* Cloae B Semb NSOP Hong Leong Bonus Issue of 3 for 1 Bonus Issue of 3 for 2 Rights Issue of 3 for 4 $1.60 per share NYA NYA Sept 7 NYA NYA (a) Adjusted (or scrip issue (b) First and Final (c)76 words
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237 1979-08-04 11 CENTRAL Securities has revealed that its sale of a piece of land in Penang totalling 96,931 sq ft to Oriental Holdings was at a negotiated price of $38 per sq ft. The sale consideration works out to $3,683 million. However, after a deduction237 words
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Article196 1979-08-04 11 MALAYAN CREDIT: AGM to be held in Mandarin Court (4th floor), Mandarin Hotel, Singapore, at 12 noon on Aug 11. SPP Ltd: AGM to be held at 315, Alexandra Road, Singapore, at 10.00am on Aug 14. Trenggaan Development and Management Bhd: AGM to be held at 1st Floor,196 words
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Article347 1979-08-04 11 PRODUCTION has started on an additional 300,000 sq ft of tiles per month at Fancy Tile's newly-expanded factory in Klang to bring total production to 1.3 million sq ft per month. This increased production capacity, coupled with stringent cost control, is expected to help offset the347 words
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333 1979-08-04 11 THE Kuala Lumpur Stock Exchange has reminded Bo vis South-East Asia of its obligation to comply with its rulings. It has insisted that Bo vis hold an extra-ordinary general meeting to approve the proposed sale of its 20 per cent stake in West Country,333 words
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Article500 1979-08-04 11 AMOS by HOCK LOCK SIEW UNDOUBTEDLY, one of the best performers among the newcomers to our market in the last two years or so is Keck Seng (Malaysia). None of the original subscribers to the stock should have any grouses whatsoever as far as the returns onby HOCK LOCK SIEW - 500 words
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Article21 1979-08-04 11 said that Mr Lim Nai Tian was appointed as alternate director to Mr Tan Keong Choon.21 words
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Article79 1979-08-04 11 has reported pre-tax profit for the year ended March 31, 1979 of MJ14.81 million as compared with 519.66 million the previous corresponding period. Gross proceeds from sales of tin concentrates amount to $25.62 million ($30.21 million) and miscellaneous receipts amount to $63,802 ($58,009). The directors recommend a final79 words
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Page 11 Advertisements
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Advertisement227 1979-08-04 11 THE INTERNATIONAL LAUNDRY, DRYCLEANING AND FABRIC CARE EXHIBITION. 30 JAN. 2 FEB. 1980. WORLD TRADE CENTRE, SINGAPORE. The last few years have seen a sudden upsurge in the demand for more efficient and sophisticated laundry and drycieanmg services in ASEAN, brought about by rapid industrial and social development The offshore227 words
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Advertisement335 1979-08-04 11 (CMHVatMIOM.) UNITED OVERSEAS LAND LIMITED (tNCOA»Oa*T(O in tm( nc»utuc o* s<nc*poo( To AM Ordinary Stockholders Subject: Half-yearly Report Dear Sir/Madam The Directors o*e pleased to announce the unaudited results of i any and Gf iJ P for six-month period ended 30th June 1979 as compared with those of the preceding335 words
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777 1979-08-04 12 GOH ENG KEE - By GOH ENG KEE SINGAPORE Airlines' main objective over the next five years will be to maintain profits in the face of huge increases in operating costs, which have already forced the airline to scale down its growth expectations. For the period 1979777 words
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Article529 1979-08-04 12 PRICES of industrial gases will rise next month as gas manufacturers in Singapore now have to pay more for electricity, labour and raw materials. However, the manufacturers have yet to disclose the actual price increase to be made. The last price increase was in529 words
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Article804 1979-08-04 12 LONDON, Fri. Share prices closed steady to slightly firmer in slack trading. dealers said. At 3 pm, the Financial Times index was up 0.3 point at 456.0. Government bonds gained between 1/8 and 1/4 point on the continuing strength of sterling, they added. Gold shares eased as much804 words
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413 1979-08-04 12 MALAYSIA can expect easier access to the Japanese market whea Japaa starts to red ace Its Impart tariffs fram next Jaauary. The redaettoa sf about S4 per cent ever a pertod sf eight years, bringing dawn the present tariff rate sf a413 words
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Article223 1979-08-04 12 THE Travel Agents Association of Singapore (TAAS) will approach the Government for special tax consideration for inbound operators who actively try to attract more tourists to Singapore. The concession sought will be similar to the one offered to other industries for the promotion of exports.223 words
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Article, Illustration209 1979-08-04 12 A NEW $20 note will be introduced in Singapore on Monday, 6 August. Announcing this yesterday, the Board of Commissioners of Currency said the release of the new notes will be the eight in the new series of "bird" notes. With the gradual phasing out209 words
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Article130 1979-08-04 12 UPI WESTINGHOUSE Electric Corporation has been picked as the first choice for the construction of South Korea's two nuclear power plants now under international bidding. South Korean government officials at the state utility, Korea Electric Co (Keco), said yesterday that final negotiations are under way with Westinghouse toUPI - 130 words
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416 1979-08-04 12 CATHERINE ONG - By CATHERINE ONG A TEAM of Nissan Motor Company officials was recently in Singapore to study the feasibility of manufacturing vehicle component parts here. The team met officials from the Economic Development Board, as well as executives of the Tan Chong Motor group,416 words
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Article142 1979-08-04 12 WHILE it is true that Malaysia is keeping abreast with worldwide oil prices and is selling its light crude at a good premium in the international markets, the depreciation of the US dollar threatens to completely erode this benefit. In the first quarter of this year,142 words
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Page 12 Advertisements
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Advertisement248 1979-08-04 12 Word power: Edward de Bono 265 special words are covered here. This big new book from de Bono, author of Lateral Thinking, makes available for the general reader an invaluable store of the vital words which form part of the living vocabulary of every thinking man. The War Lords: A.J.P.248 words
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Page 12 Miscellaneous
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Miscellaneous59 1979-08-04 12 Outlook for Singapore from 6 a.m. to 1 p.m. today: Mainly fair. Report for 24 hours prior to 7JI p.m. on August 3 at the airport. Maximum temperature 31.3 Associated humidity 68 Minimum temperature 25.5 Associated humidity 93 Nours of sunshine 109.5 Rainfall in millimetres Nil Total rainfall for the59 words
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LEISURE TIMES
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Article, Illustration1421 1979-08-04 13 CLARENCE FERNANDEZ - DESTINATION By CLARENCE FERNANDEZ YOU GET that million-dol-lar feeling the moment your plane touches down at Brunei International Airport. This is because everything you see in Brunei is bigger and better than what you find in the neighbouring states. The runway at the airport is an impressive1,421 words
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Article, Illustration662 1979-08-04 13 COLLECTING *<tb com chee The following is Part Two on the 12 animals of the Chinese Zodiac AMONG all the animals of the Chinese zodiac, none can be as eminent or fabled as the dragon and tiger. But certainly the horse, the seventh animal in the cycle,Photo: Courtesy of Kwok Gallery - 662 words
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Article, Illustration522 1979-08-04 14 LIN WEN HUI - RECORDS By LIN WEN HUI WHEN boyish good looks is espoused with a pleasantly powerful voice, an equally brilliant band and a repertoire of hit songs, any male singer with these assets simply has it made. This winning combination of Kenji Sawada's apparently propelled him to superstar522 words
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Article, Illustration514 1979-08-04 14 CATHERINE ONG REVIEWS THREE ONE-ACT PLAYS PRESENTED BY THE STAGE CLUB SUSPENSE is what The Rats ought to be. In a mysterious "who dimwit It" thriller, the production pats Agatha Christie's efforts to shame. The story centres on (our people a society gossip played rather well by Pat514 words
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Article, Illustration574 1979-08-04 14 RAHIM KASSIM - By RAHIM KASSIM THE DRIFTERS contrary to what the name suggests, have not allowed themselves to be swept by the ever changing tide of the music scene but have retained much of their original latin-flavoured rhythm 'n blues image. The rhythm was entrancing and all574 words
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Article205 1979-08-04 14 THE MINISTRY of Culture will present on Aug 10 (Friday Bpm) and Aug 11 (Saturday 4pm) at the PUB Auditorium Noel Coward's play Fallen Angels, produced by the Crescents, the National Library Youth Drama Group. Under the Drama Promotion Scheme, the three-act play is directed by Kannan205 words
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PROPERTY
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Article1087 1979-08-04 15 PUBLIC AND private sector housing programmes under the Third Malaysia Plan (TMP) call for the construction of 482,800 dwellings. The emphasis is on low-cost housing but progress, reports the MidTerm Review, has been modest. The July issue of the Malaysian Business, which looked into the various cost1,087 words
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Article, Illustration808 1979-08-04 15 TEO TECK WENG - By TEO TECK WENG PROPERTY DEVELOPERS should look to the outlying districts like Yio Chu Kang, Chua Chu Kang, Changi or Tampines for possible development sites, a property consultant told a lunch meeting yesterday. Mr Simon Lim, partner with Lai Pang Fee and Simon Lim808 words
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228 1979-08-04 15 OVERSEAS UNION BANK (OUB) will move its present head office and Raffles Place branch at OUB Chambers to new premises at Robinson Road in late October this year. The bank's new 16-storey office building at Boon Tat Street Robinson Road junction, now nearly completed,228 words
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Article, Illustration1244 1979-08-04 16 SUBRA B. SERVICE - By SUBRA B. SERVICE A LAZY ARM waved itself from the driver's window. With a loud roar, a cloud of asphyxiating smoke and not so much as a backward glance, the bus ploughed into the main stream of traffic. Every car in the immediate area1,244 words
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Article320 1979-08-04 16 THE MINISTRY of Culture is organising the 1979 National Day art and photo exhibitions and a variety show to celebrate National Day. The National Day Art Exhibition '79, jointly organised by the Ministry of Culture, the National Museum and local art organisations, will be held at the320 words
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Article, Illustration653 1979-08-04 16 RUTH CHENG - By RUTH CHENG THE "Deer-Hunter" is quite an experience. And just like De Niro, you won't escape unscathed from it. You will walk out of the movie thinking. Five close friends Michael (Robert De Niro), Nick (Christopher Walken), Steven (John Savage), Stan (John Cazale) and653 words
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Article, Illustration333 1979-08-04 16 VIOLET CHOW - By VIOLET CHOW PERFORMING at Silver Star Theatre Restaurant and Niteclub are two Cantonese Hongkong moviestars— Michelle Yim and Queenie Kong. Like most girls, they were late for the press conference. Their excuse they lost their way. Michelle, chaperoned by her mother, is a wellsought after333 words
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Page 13 Advertisements
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Advertisement39 1979-08-04 13 Kodacolor 400 film. Kodak's fastest film for color prints Kenji, forget the English songs Page n Move away from the city district m Bas drivers are also nice gnys IV Deer Hunter is for only the strong minds IV39 words
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Advertisement212 1979-08-04 13 aaar jMp6r m £yi mm rorogoQO look. KM IT FIGURES SINGAPORE M0G89&V79 VCL3NO7 6th JUYO79 PfICE $300 5 3 3 r r-t at*- <> I •3 S n* v 4 A m r rtCs rv r< i" \rrie s a s r Com The tremendous rate of growth in the212 words
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Page 13 Miscellaneous
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Miscellaneous934 1979-08-04 13 WHAT WHERE FILM SHOWS THE SINGAPORE FILM SOCIETY will screen two Japanese films tomorrow at 4pm and Bpm. Late Autumn, made in 1959, is directed by one of Japanese great masters, the late Yasujiro Ozu. Being Two Isn't Easy is about a child's view of the world. Directed by Kon934 words
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Page 14 Advertisements
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Advertisement52 1979-08-04 14 The indispensable guide to men and women at the helm of Malaysia, Singapore and Brunei. 1 L Ys'i s An Ch *nt SjT Si, V (50 ff ffi 0 V a iii c< o*' Available now at $40.00 a copy. Robinsorfs Bookshop Clifford Centre Basement, 24 Raffles Place. Singapore 1.52 words
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Page 15 Advertisements
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Advertisement331 1979-08-04 15 Mark your diary 0 il >i X 4 and make sure you have no other appointments for OCTOBER 11 12 On these two days Singapore will have its first ever conference on trading with China, the newest and arguably the most crucial and potentially lucrative factor in the equation that331 words
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Advertisement180 1979-08-04 15 PROPERTY RIDGEWOOD The Most Talked About Condominium in Singapore To live at Ridgewood is to live in STYLE. The Hawaiian style to be precise. Five majestic Highrises and elegant Townhouses grace the landscape. The recreation facilities are outstanding— 2 swimming pools, a gymnasium, sauna, tennis, squash and badminton courts. *in180 words
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Page 16 Advertisements
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Advertisement373 1979-08-04 16 STftaSGtgP* 'jj^L sT*afgi KILLING TIME by Sandy Fawkes Sandy Fawkes felt like screaming inside. The man she'd spent six days and nights with "a cross between Robert Redford and Ryan O'Neal" had just been revealed as a mass murderer, rapist and a pervert. Sandy lived to tell her story because373 words
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Advertisement171 1979-08-04 16 Si^eSSfO*LEARN th« WELL-PROVEN TECHNIQUES OF SUCCESSFUL ■l®stil'3 SELLING from tin SPECIALISTS ■vWa THE NATIONAL SCHOOL OF SALESMANSHIP, ENGLAND. The NATIONAL SCHOOL offers you a first class home-study training that not only teaches you how to sell effectively but also prepares you fully for the United Commercial Travellers' Association (U.C.T.A.) Diploma171 words
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Page 16 Miscellaneous
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Miscellaneous356 1979-08-04 16 FILM TIME Lid* (*****4): The Deer Hunter. Winner of 5 Academy Awards, this show is about three intimate friends from a Pennsylvania steel mill community who enlist to fight in the Vietnam war. Starring Robert De Niro, John Savage, Christopher Walken and John Cazale. (11, 2.30, 6.30, 9.15). Ode*n (*****6):356 words
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