The Straits Budget, 29 November 1967

Total Pages: 20
1 20 The Straits Budget
  • 37 1 The Straits Budget THE WEEKLY ISSUE OF THE STRAITS TIMES SERIES 789. MALAYSIA'S NATIONAL NEWSPAPER KUALA LUMPUR, NOVEMBER 29, 1967. REGISTERED AT THE G.P.O. U.K, AS A NEWSPAPER Price 40 Cents (Malaya) or 1 Shilling KDN 2582
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    • 266 1 MCREASE M CRCUUnON M 8 YEARS! Reflecting the countries’ consistent economic development the Straits Times has since 1957 soared from an average net sale of 80.683 per issue during that year to 160,249 in October 1965. and is still rising! A continuous rise in income levels (from an estimated £465
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  • From THE STRAITS TIMES POSTBAG
    • 333 2  -  CUI BONO Penang JAMES WONG Selangor TAI VEW CHA1 Singapore THERE was a pertinent enquiry in your columns about the cost of Investing on football pools. The writer pointed out the considerable discrepancy between the cost in Malayan currency and similar investments In sterling. The letter,
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    • 642 2  -  D G HEBDIGt Singapore OTHMAN b IBRAHIM Lumut THERE appears to be a body of responsible local opinion which holds the view that the Malaysian and Singapore governments should have taken the opportunity to devalue our currencies, and that it Is only a matter of
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    • 312 2  -  CECILIA LUSTIG Johore Bahru FAIR JUSTICE Salak Clara TRADER Singapore Returning to theatreless Johore Bahru after attending Luisillo’s “Festival of 8paln” one could not help reflecting on the good fortune of Singaporeans in the possession of splendid theatre facilities and the services of
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    • 148 2  -  MANSOR bln AHMAD Queson City, P.I. IT is infuriating to read In the Pnliippines Herald a report by UPI’s Patrick Kllien of the dlsS raceful behaviour m [uala Lumpur of U.8. Vice President Humphrey’s bodyguards shoving our officials around. A similar Incident was reported
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    • 198 2  -  DISGUSTED Tana Rata JOSEPH DE MELLO Singapore THOSE of the public who R are so unkindly Jeered at by the Finance Mini s t e r for "foolishly’ hoarding money are the people who were told by the same Minister when the new currency was introduced <a>
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  • The Straits Budget
    • 700 3 -Straits Times. November 20 The reaction in Malaysia and Singapore to sterling's blackest day is focussed foi the moment on the old dollai and the new. The dollar has not been devalued, as it would have been automatically had its value been fixed at 2s. 4d
      -Straits Times. November 20  -  700 words
    • 164 3 —Straits Times, November 20 Sytd Nasir bin Ismail lias returned to Kuala Lumpur from a visit to Indonesia satisfied that the common spelling system agreed with Malaysia earlier this year is finding popular as well as official acceptance. This view is confirmed in other reports that say
      —Straits Times, November 20  -  164 words
    • 651 3 —Straits Times. November 21 The confusion and distress which has accompanied the creation of Malaysian and Singapore dollars of different j values, the old and the new, circulating side by side, possibly is not any greater than might have been expected. Unhappily there is every indication
      —Straits Times. November 21  -  651 words
    • 758 3 —Straits Times. November 22 The case for a 2s. Bd. dollar, strongly defended by the Malax sian and Singapore Governments. would sound better were it not for the 85-cent old dollar. But we still think it was unwise not to follow sterling's lead. All our interests pointed
      —Straits Times. November 22  -  758 words
    • 340 4 —Straits Times, November 22 The speed end versatility of the Royal Malaysian Navy patrol boats commissioned yesterday must change many ideas about the number el craft needed to defend Malay* ■ia’s long coastlines. A maximum speed of 55 knots will permit the boats to do a? much
      —Straits Times, November 22  -  340 words
    • 173 4 —Straits Times, November 22 The Malaysian timber export industry appears to be headed for a record year. Shipments of graded sawn timber have been running about 50 per cent above the 1966 level and sales of logs, especially from Sabah and Sarawak, have never been brisker. Total earnings
      —Straits Times, November 22  -  173 words
    • 632 4 —Strait* Times, November 23 The Malaysian Government’s dollar decision stands and so, of course, does Singapore's. There will be no going back on Sunday’s announcement, said Tun Tan Siew Sin at the end of yesterday's Cabinet meeting. The devaluation of the new Malaysian currency “is un-
      —Strait* Times, November 23  -  632 words
    • 222 4 —Straits Times. November 23 The 14-nation “donor conference” on aid to Indonesia meeting in Amsterdam takes place in slightly less desperate circumstances than last year’s similar event. Political control is firmer, recovery has begun and the overall economic performance has been “somewhat better than expected.” Were it not
      —Straits Times. November 23  -  222 words
    • 706 4 Strati* Times, November 26 As controversy over the fragmented dollar continues, the Governments must make up their minds whether they were taken by surprise, and j had no time for proper consultation or planning, or were not surprised, and have the evidence of a switch into gold
      – Strati* Times, November 26  -  706 words
    • 130 4 Straits Times, November 24 The Malaysian Migration Fund Board has drawn Attention to the trouble caused by frequent changes in the method of wage payment on Sabah estates. The workers naturally enough view all such changes with suspicion, the more so if they are migrants recently arrived in
      Straits Times, November 24  -  130 words
    • 72 4 SBRfcMBAN, Nov. 21—1 hough British servie«m» n In Malaysia and Sinmpore are affected bv the sterling devaluation as they are paid from Britain, »he position of locally-employed civilians is still not clear These r'vilian employees are also paid from Britain. The president of the 6.600strom?
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  • 302 5 Helpless Ghazali finds his feet at last with help SUCCESS STORY OF A SPASTIC BOY, THANKS TO VOLUNTARY WORKERS JOHORE BAHRU, Nov. 19. THREE months ago, Ghazali bin Mohamed Taib, nine, was as helpless as a baby unable even to eat his own meals unaided. Today a transformed Ghazali is
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  • 127 5 I>ENANG. Nov. 17—A 53-year-oid blind pens.oner in East Germany, Mr. Matured Stahn. invites young Malaysians to send him viewcards and photographs of local scenery with brief descriptions of their Impressions. Mr. Stahn. whose hobby Is organising exhibitions of foreign lands with the aid of viewcards
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  • 370 5 KUALA LUMPUR, Nov. 19. "TRADE unions will not get Justice unless they take part in politics, three speakers at a foruin organised by the Selangor branch of the National Union of Teachers agreed last night. The speakers were Dr. Tan
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  • 160 5 POH, Nov. 19.—Alliance backbenchers in Parliament will be a “force of reaction and stagnation in Malaysia” if they do not rise above themselves and graduate from their role as “yes-men.” Mr. Lim Kit slang a central executive committee member of the Democratic Action
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  • 60 5 IPOH Nov. 19—Tlte former publicity cltief of Umno. Chendcriang branch. Inche Abu Naser bin Yen, has resigned from the party and joined the Democratic Action Party in Ta pah. Disclosing this here today. Inche Abu Naser said that he no longer believed in the sloeans of
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  • 37 5 PENANG, Nov. 19—The Minister of Welfare Services, Haji Abdul Hamid Khan bin Hau Shawakftt All Khan, will visit the Penang Spastic Children's Training Centre at Green I.ane at 9 30 a m. on Nov. 27.
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  • 321 5 I PENANG, Nov. 19 |JMNO’S judgment day has come, Dato Hajl Mohamed Asri bin Haji Muda, national leader of the Pan-Malaysia Islamic Party, declared here last night. •‘Umno’s popularity and Influence are waning, because its leaders have let down the Malay
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  • 439 6 KUALA LUMPUR, Nov. 19. devaluation of the OLD MALAYAN dollar led to more and more demands for “Duit Malaysia” the new Malaysian currency in use since June 12 as the day wore on today. In Kelantan and Trengganu, where banks open for business on Sundays,
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  • 257 6 |(UALA LUMPUR, Nov. 19. Brazil, Argentina and Mexico have expressed satisfaction over the quality and price of Malaysian rubber, the Controller of Export Commodities, Inche Jamil bln Mohamed Jan, said today. Inche Jamil was speaking to reporters at Subang Airport on his return
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  • 353 6 TIN REACHES A NEW MILESTONE IPOH, Nov 19 MALAYSIA'S tin mining industry will reach a new milestone on Nov. 27. On that day one of the companies that have applied for offshore mining will be given the right to do so in the areas
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  • 176 6 KUALA LUMPUR. Nov. 17. A BRITISH-manufactured twin-engined Jet air- craft for fast, economical air transportation for business and other organisational purposes is now being demonstrated in South-east Asia. The Hawker Siddeley 125 Business jet arrived here today in the
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  • 92 6 NI I TOWN, Nov 19. —The Brunei Government has decided not to devalue its dollar. The decision was announced tonight following a meeting between Sultan Bolkiah and his advisers. A (iovernment spokesman said after (he meeting called by the Sultan this afternoon to
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  • 54 6 pENAN(i, Nov. 17.—Businessman Siau Mah Hock J having dinner at his home in Pulati Belong, tl.ilik I ulau, last night when a man, armed with a knife, walked in and demanded money But he flew when Mr. Sian grabbed the dining table and sent it
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  • 854 7  -  Devaluation improves economic prospects By JACKIE SAM: SINGAPORE. Nov. 20 gl N G A P O R E’S economic prospects brightened immeasurably today with the devaluation of the pound. Although thore was the expected confusion among housewives, shopkeepers and others, considered opinions were fully behind
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  • 126 7 Ul KIT MLRTAJAM Nov. ‘JO. —The Deputy Prime Minister, Tun Abdul Kazak, speaking at the opening of the Itukit Mertajam Boy Scouts Association's premises today said that the Scouts movement had contributed greatly towards the building of a united nation. The Government was
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  • 176 7 CINGAPORE. Nov. 20. Shell is to build a $l5 million hydrocarbon solvents plant adjacent to the refinery complex on Pulau Bukom. The plant, which will be the first of its kind in South-east Asia, will be capable of producing 60.000 tons of solvents a
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  • 76 7 HIRE at a glance is what you will get for your OI.D Malayan coins and notes issued by the Malaya and British Borneo Currency Board in exchange for Malaysian and Singapore currencies (in brackets): One cent (one cent); five cents (four cents): 10 cents (eight
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  • 163 7 L'UALA LUMPUR, 1V Nov. 20.—Bank Negara today announced immediate increases in interest rates to bring them in line with recent rising trends in the international money market. In a statement, its Governor. Tan Sri Ismail bin Mohamed All. said the decision was also taken to rationalise
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  • 84 7 —Reuter. 1/ (THING. Nov. 20. The British High Commissioner to Malaysia, Sir Michael Walker, today described as “unprofit able and unrealistic” any speculation that Britain would commit fierself to Sarawak's defence should the State secede from Malaysia. He was answering questions at a
    —Reuter.  -  84 words
  • 64 7 KUAI A LUMPUR. Nov 20— The Technical Taachcr*' Training College here v II present a five-day exhibition of "Contemporary craft in Industrial Art" at its Chora* Road eanspu.s beginning on Nov. 22 The exhibits, w hich w ill be in wood, metal, silver and plastic, are work*
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  • 35 7 KUAI A LUMPUR Nov 20Mr Lim Joo Kong has resigned as Alliance member of the Senate, with effect from Nov 4 From 1959 to 1964 he was the Alliance MP for Alor Star
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  • 2683 8 ‘The British have gone back on their word’ K. LUMPUR, Nov. 20 THIRTEEN Senators including two from the Oppoisition Pan-Malayan Islamic Party made a strong plea to the Government today to re-consider its decision of devaluing the old MALAYAN dollar. They made
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  • 652 9 K. LUMPUR. Nov. 20 WHY SHOULD THE PEOPLE BE EXPECTED TO REIMBURSE GOVT? WHAT has the conversion of the old Malayan dollar to the new one (an internal affair) to do with the devaluation of the pound sterling (an external event), Dr. Tan Chee Khoon
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  • 263 9  -  By Geoffrey Boland SINGAPORE. Nov 20 —The chief effect of the devaluation of sterling over the weekend was the closing today of the Stock Exchange of Malaysia and Singapore to enable the committee to .sort out the problem of sterlingquoted shares. It was announced tonight
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  • 97 9 KUAI.A LUMPUR Nov 10 me National Electricity Bond is .studying ,i proposil to build its tunning centre on lines sintil.ir to the Telecommunications Centre in Gurney Road ht re. t his was disc used by the Assistant General Manager ot tin- Board. Incite Abu /.arm
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  • 98 9 UUALA LUMPUR. l9.—Officers and men of the Indonesian training ship Dewarutji today lined the deck and echoed “Selamat tinggal*’ (farewell) as their ship left Port Swettenham for home after a three-day visit here. Early this morning, as tin* ship was being towed Into deeper waters by
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  • 51 9 PENANG Nov 20—The tinal of tin “Binliing Malaysia" tali it me contest sponsored by the Penung Juvcees. wili bo hold at the Penanc Chinese Girl*' I Hull School on Die 23. "This is a nation-wide contest to encom igo local lalcnis a spokesman for the J.iyceee si. id
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  • 355 10 ‘Stop the con men’ plea to the Govt KUALA KANGSAR, Nov. 21. A N urgent plea to the Central Government to ‘‘rescue the poor people, particularly those in the remote rural areas,*’ from being swindled by the unscrupulous over the devaluation of the old currency was made here today. The
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  • 129 10 is the Rolls Ituyrt 1 Sil\er Cloud which is to lie bought for the Sultan of Selangor. In the State Assembly on Nov. It* Dr. Tan Chee Klioon (Labour-Kepong) asked why &I30.000 was being ear-marked for it in the Budget. Traditionally
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  • 238 10 |(UAI,A LUMPUR, Nov. 21.—Post offices throughout the country have suspended the sale of British postal orders and money orders to foreign countries. Cash-on-dellvcry parcels to foreign countries are also not accepted. Delivery of CO D. parcels from foreign countries and cashing of money orders
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  • 51 10 JAKARTA. Nov. 17-Ninety-nine hirrh school students have been arrested in Ponoroyo. East Java, lor attacking memlars of the Nationalist Party, which was founded by deposed President Soekarno. tile Jakarta newspaper. Elbahar, reported today. This was the first report of mass arrests by the Army against anti-Soekarno students.
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  • 40 10 kampar. Nov 21.— A labourer, s Murugan. ib. wm buried alive in a landslide while working in the Sin Pan Ylk tin mine near here yesterday. Up till this afternoon, his body had not been recovered
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  • 237 10 BALING (Kedah), Nov. 21. 'J’UN Abdul Razak said today Malaysians should blame the British Government, and not the Malaysian Government, for the devaluation of the old currency. The Malaysian Government knew of the British decision to devalue the sterling only a few hours before the actual
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  • 46 10 SINGAPORE. Nov. 20. People travelling with sterling at the Singapore International Airport were today accepting the new conversion rates for the devalued pound without much fuss. Tiie Oversea-Chinese Banking Corporation's airports sub branch began changing sterling at ’lie new rates this morning.
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  • 70 10 TAPAII. Nov. 21—The $142 1 million Ratang Pndang hydro electric scheme lias become operational with the commissioning of a *0 megawatt turbine generator, costing $1 million. Ilie Sultan of Perak will open the scheme on l eb. 10 The scheme is the second and tinal
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  • 69 10 PENANO. Nov. 21 The Minister of Transport. Tan Sri Sardon b>n Haji Jubir- will inspcc' tile Bayun I rpas nil port ami extensions to the Rcqistiar and Inspector of Motor Vehicles' office when lie visits Penang oil Nov. 24 Hr will also meet Pmiing transport operators
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  • 668 11  -  By BOB NG: Kuala Lumpur, November 21 THE Government has turned down a request by the Association of Banks for the exchange of several million dollars’ worth of old currency they have collected from the public over the past week for new currency-dollar for dollar. The
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  • 71 11 K r i. i.i >irt it. Nov. 21. Malavsia, Singapore and Itiunri nil* Imld t Hits n<*\| wrek on li«- situation created lit lir devaluation of sterling. Itadio Malaysia's ft. 30 |>m. nr us liullrtin added tlint llie I inaixr Minister. Tun lan Sicu sin.
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  • 45 11 KUALA LUMPUR. Nov. 21 rite American Field Service here «il| celebrate Us 10th anniver•s«ry at the Selangor Club on Dec. ft The ttuests will include the Minister of Education Inehc Mohamed Khlr .John r I and the American Ambassador, Mr. dames Cell.
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  • 665 11 UlIALA LUMPUR, Nov. 21.—The Gov ernment had no choice but to devalue the old Malayan cur rency to the same level as the sterling, the Minister of Finance. Tun Tan Slew Sin, said today. He said in a statement that under the law, as it
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  • 583 12  -  By JACKIE SAM: Singapore. Nov. 21 UUNDREDS of pco11 pie today again besieged the office of the Board of Commissioners of Currency in Empress Flace for the new Singapore coins. But like many bank*, the currency office staff were nnable to cope with
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  • 193 12 ESSELTON. Nov. 21. The State Government has protested to the Central Government over the 24-hour delay In notifying it of the devaluation of the old Malayan dollar, sources her* said today. According to them the official notification came only yesterday afternoon. Yesterday, the
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  • 39 12 KUALA LUMPUR Nov. 21. The First Adviser in maternal and child health to WHO. Dr Cecily Williams. 14. will talk on Trends in paediatrics* at the New Maternity Hospital lecture room, at 800 p m November 22
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  • 201 12  - NO DEALS IN SHARES By GEOFFREY BOLAND: Singapore, Nov. 21 THE Stock Ex- change of Malaysia and Singapore was still not back to normal today following the devaluation of sterling. Dealings were still .suspended In sterling quoted counters and neither deliveries or settlements in regard to these shares were carried
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  • 509 12 PENAiNG, Nov. 20. 'J’UN Abdul Razak today assured rubber planters and others whose livelihood depended on natural rubber not to worry about its future. “The present market price of rubber is the lowest it can go down to. it cannot sink any further,” the
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  • 113 12 TAlPINCi, No v 151. The Minister of Commerce and Industry. I>r. I.im Swee Aun. today urged Chinese businessmen not to go by the Chinese maxim "don't do losing business, do cut throat business." Speaking to more than Ml leaders of the MCA in
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  • 369 13 TUN: IN TWO OR THREE DAYS... KUALA LUMPUR, Nov. 22. Abdul Razak told the people today: Don't worry, the difficult situation caused by the devaluation of the old currency will return to normal in two or three days' time when all banks
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  • 172 13 KUALA LUMPUR, Nov. 20. gANK Negara Malaysia was strongly criticised in the Senate today for not anticipating the possibility and probability of sterling devaluation. The criticism came from the Alliance Whip In the Senate. Tan Sri T. H. Tan. and Che Aishah Ghani, who
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  • 23 13 KUALA LUMPUR. Nov 22 D ink Negara Ins to date reehrd $2.50»> Bf>4 37 for the National Disaster Rrlirt Fund
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  • 109 13 L I AI.A l.l'MPl K. Nov ft Tcaiki AMul Rahman's own family has been hit by the devaluation of the oltl currency The Prime Minister disclosed that his wife and daughter. Miriam, hud saved up old eurrency amounting to more than SlOO. "But
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  • 40 13 KUALA LUMPUR. N..v 17 The Minister ol transport. Tan drl (Minton, will receive India ’a mil of i wo gliders from the acting Indian High Commissioner to Malaysia. Mr O. V. Sikh, at file North Klang Straits. Port
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  • 320 13  -  By R. CHANDRAN SINGAPORE, Nov. 22. THE number of new coins now in circulaA tion in Singapore is a mystery. Though the new coins were first issued on Nov. 20 there is still a great shortage of them in the island. Times House
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  • 105 13 CINGAPORE. Nov. 22 The Minister for P’inance, Dr Goh Keng Swee. will press a special recording to commemorate the occasion of his opening the Philips’ Phonographic Industries Ltd. at Commonwealth Drive on Nov 24. The Pnilips release will feature a recording of the
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  • 44 13 PENANG. N<>\ 17 A radio l< er’s shop in Pi rik Road, KtoHi Btt.is was broken into yesterday Its proprietor Mr Oh All Leng, told tln police be lost $6OO and ibout t 4 6 worth ol tape rereorders. phonograph and radios.
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  • 234 14 1/ UALA LUMPUR, Nov. 22. The export director of Daim-ler-Benz of Germany. Mr. E. Herzog, today described Malaysia as a key market for motor vehicles in the Southeast Asian region. Mr. Herzog, who is here on a three-day "work visit." said he was confident
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  • 251 14 OENANG. Nov. 21. The Democratic Action Party last night called for the establishment of an allparty elections commission to draw up ft code of conduct for political parties at the next general elections. Addressing the Penang branch, Mr Lim Kit Slang,
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  • 98 14 JKSSKLTON, Nov. 2#. The State capital here today was in chaos over the devaluation of the old Malaysian currency. Post Offices here refused to accept old notes and coins even at the new exchange rates. British postal orders were being sold at the
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  • 84 14 Coins devaluation ‘unfair’ Chamber CINGAFOKK. Nov. 21. The Chinese Chamber of Commerce today said it was “unfair” on the part of the Singapore Government to devalue the sterling-based old coins, issued by the Malaya and Briti*di Borneo Board of Currency, as no new Singapore coins had been issued earlier. A
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  • 210 14 POll. Nov. 22. A revi1 sion in thr price range under the International pated soon to correct the present situation arising over the devaluation of the sterling. Mining sources here, describing it as a "technical procedure,” indicated this today when the London price of
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  • 75 14 SINGAPORE Nov. 22 Sir Sydney Caine, tormer ViceClnncellor of the University ol Malaya, is nere lor a brief visit “to see old friends and associates Accompanied by i ids Caine, lie is on a round-the-world tour Sir Sydnry 65. retired in September Iron’ the post
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  • 39 14 PENANG. Nov. 22 -The State R< ligious Affairs Department will soonsor a course, on Nov. 26 at the Kuban" Ulu religious school, Penanti, Bukit Mertajam. for Muslims who intend to make the pilgrimage to Mecca next year.
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  • 36 14 TEI.UK ANSON. Nov 22—The TelUk An. >n Town Council s budgi lor next year showing a deficit o. $29,413 was passed at a specia. meeting here on Monday The estimated revenue u« $834 037
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  • 262 14 pKNANG, Nov. 20. Tun 1 Abdul Kazak today warned that the Government would take "strong action” against people trying to cash in on the devaluation of the old Malayan currency issued by the Board of Commissioners of Currency. "In my
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  • 62 14 —Rruter JESSEI TON. Nov. 20—The devaluation of the pound Sterling h.t.s resulted in a few brawls at coflee shop* and markets where some customers refused to be convinced that their old Malayan dollar was now worth only 85 cents. Some shops refused to accept old Malayan notes to
    —Rruter  -  62 words
  • 240 14 Kuala lumpur, Nov. 17. The Minister of Commerce and Industry, Dr. Lim Swee Aun, told the Dewan Ra’ayat last night that the ban imposed on the transhipment of Indonesian rubber from Batu Pahat to Singapore had affected the barter trade in
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  • 62 14 JOHORE BAHRU. Nov. 22 A team of officers from MalavMan Industrial Estates Bcrliad a subsidiary of Malaysian Industrial Development Finance Berhuu has began a twoweek survey to assess the potential demands for modern and well-built factory units at the Jalap Larkin industrial site here. The factory buildings
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  • 60 14 PENANG Nov. 22 —The Chief Minister Tan Sri Wong Pow Nee, will open a salesmanship course and a productivity seminar at tte Jefferson Centre USIS library. Beach Street oil Dec 4. The Rotary Club here is .s|x>nsoring the course, which will b< co* dueled by the National Prod
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  • 302 15  -  By PHILIP MATTHEWS: Port Swettenham, Nov. 21 r PHE prospect of a live-fold Increase in the strength of the Royal Malaysian Navy Wit referred to by Tengku Abdul Rahman here today. He was speaking during a ceremony at which three patrol boats Pen(lekar. H.mdalan
    — Straits Times pic-; ture by Tan Hong Kuan.  -  302 words
  • 50 15 SUNGEI PATANI, Nov. 23. Two nurses from Malaysia and one from Singapore have been awarded Rotary nursing scholarships to study in the Netherlands. They are Miss Teh Phaik Lean <Penang). Miss Diana Charlotte Rodrigues ißukit Mertajam) and Miss Tan Mcl Liang 'Singapore).
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  • 131 15 (SINGAPORE, Nov. 23. A 10-man party of Hong Kong industrialists and businessmen left Singapore this morning at the end of a four-day visit, highly impressed with the Republic’s industrial capacity and “very good’’ investment climate. Before flying off to Kuala Lumpur, the leader
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  • 315 15 SINGAPORE, Nov. 23 'J’HE Deputy Prime Minister, Dr. Toh Chin Chye, disclosed today that several Scandinavian industrialists had shown “positive interest” in investing in Singapore. Japanese industrialists, who had already injected large doses of capital in the Republic, were continuing to show similar
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  • 172 15 KUALA LUMPUR, Nov. 23. THE Foreign Ministry denied today agency re--1 ports which said that the failure of the recent labour talks in Manila between the Philippines and Malaysia was due to the Philippines bringing in the Sabah claim. "The talks held in Manila was
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  • 307 16 1/UALA LUMPUR. Nov. 23. ‘—West Malaysia timber exporters have sufrered a loss of $6 mi cn due to the devaluation of sterling. The loss is incurred from five months of forward sales already contracted in sterling with overseas buyers. Members of the Federation
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  • 54 16 PENANO. Nov. 22—A Malaysian Army recruiting team will interview candidates at the Territorial Army headquarters. Peel Avenue, at 8 a.m. on Nov 30. Vacancies exist for technicians, other trades In the signals and geiv-al service regiments. Applicant* should oring their identity cards and their birth, citizenship, school
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  • 459 16 Devaluation: Seeni asks: K. LUMPUR, Nov. 23 Opposition leaders today criticised the Government for not speeding up the redemption of the old currency even though it had anticipated devaluation of sterling months ago. They are the Democratic Action Party chairman, Dr. Chen
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  • 178 16 Nov. 24. From the beginning of next year, teachers wishing to take an active part in politics will have to get permission from the Ministry of Education. Forms are being prepared now for the teachers to apply for such permission, the Minister of
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  • 225 16 SINGAPORE, Nov. 24. Two of MSA’s five Comets have been taken off the syvice for repairs on’uireeinch cracks found in the metalwork of the aircraft. The cracks one tn each aircraft were discovered yesterday evening during a routine maintenance check at the MSA engineering
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  • 55 16 PENANG, Nov. 19—Thrpe lushing boats ancuored on tin* beach at Pant a l Acheh. B.tlik Pulau. have been stripped of their outboard engines. Teoti Eow Pooi, 51, Hon Chin Eng, 22. and Poo Swee Tet. 3». all fishermen. reported to police they found tlie engines missing
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  • 43 16 SUNGEI PATANI. Nov. 22 A Medicare team, comprising a surgeon, a medical officer two nurses and a technician will start work in this area next month. The team has been in Kuala tipis for the past seven years
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  • 471 17  -  Housewives rush to stock up food By GUNN CHIT THYE and CHEAH SEONG PAIK Penang, November 23. THOUSANDS of housewives jammed all markets in Penang today following strong rumours that shops and markets throughout the State may call an island-wide ‘‘hartal” tomorrow in protest against the
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  • 122 17 CINGAPOKK. N#». tt J The Deputy PrUu* MisMer, Dr Teh 4*iu Mpukr «r Iht “uuigu* Kcaadiaavlaa pullUeuI aad eeeaeak rtiWail M-epentlea” m hU retera treat aa tifh(-4ay haar. He described the cu-apura-tiaa between (he Scandinavian caantrles aa “a Baade!” which
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  • 110 17 SINGAPORE, Nov 23. The flve-man East German trade delegation left here this evening after protracted talks with the Singapore Government to draw up a trade pact. The delegation, which arrived on Oet 19. was to have stayed here (or nine days originally.
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  • 54 17 KUALA LUMPUR. Nov 23 The Australian High Commissioner to Malavsia, Mr A. J. Eastman and his wife, will be spending a short holiday in Australia. They will leave here by air tomorrow. During Mr. Eastman's absence Mr ,W. L. Morrison Counsellor at the High Commission, will
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  • 155 17 Kuala lumpur, Thurs. Two shops In Jalan Tuanku Abdul Rahman here, one selling textiles and the other ready-made goods, are accepting the old Malayan dollar at its face value. The former, according to the manager. 1a doing so on orders received from It*
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  • 63 17 KUALA LUMPUR, Nov. 22 Three Xi.ilAy.stan officials will leave fo* lend n tomorrow to start a month's tour of Hritaln as guests of the British Clo\ernmrnt. The* are Mr. Haibnk Singh, Assistant Controller of Teleccmmunications < Radio), Selangor; Tengku Daud bln Tengku BMT Bmhamuidin, southern area
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  • 38 17 KCAIA LUMPUR, Nov 26. Jhe Ministry of Works, Posts and Telecommunications announced today that postage stamps ivsued in 1962 to commemorate t fie World Malaria Eradication Campaign will not be valid from Feb. 1 next year
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  • 60 17 JOHORE BAHRU, Nov. 23 i h»> Johorfi Bahru Junior Chamber, at its annual mectins last night, officially cHHiiged its name to JB Jaycce. to conform with present international trends The meeting also elected 10 new boat'd members, with Mr Looi Ah Tek as president and
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  • 130 17 KUALA LUMPUR, Nov. 23. Malaysia and Russia announced today the establishment of diplomatic missions at ambassadorial level. A statement, issued simultaneously here and in Moscow, added that the two countries had agreed in principle! in April to exchange diplomatic missions. The Foreign Ministry .spokesman, Inche
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  • 152 17 SINGAPORE, Nov. 23 The Minister of Finance, Dr. Goh Keng Bwee today praised the National Grain Elevator Ltd., for already looking into the possibility of having another 20,000 tons of storage space In the near future with the object of making this giain elevator a
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  • MALAYAN SHARE MARKET REVIEW
    • 2830 18 From Our Market Correspondent L IKI the alter effects of an atomic l>oml> explosion the consequences of last week’s devaluation of the pound sterling will reverberate round world markets for some time to come. This is not hard to understand as the world grows
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    • 79 18 Current Date Total for Total for payment payable tlie year previous teat lasek Cement ord. 6% Dec 1 1 5% M Dec 21 -6% V 4. Jacks 10% 15% la’, tokam Tin 9% Jan 31 15’ 20% Malayan Tin 15% Dec 30 45% 65% S. Malayan 25% Dec
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    • 51 18 (Managers' Fnees) First Malayan 2.46 2.53 Second Malayan 1.78 1.67 Third Malayan 1.10 1.19 The Saving Kind... 1.39 1.(8 Tha Commerco Ind. .89 .98 sd Mai. Invest. Fund 1.05 1.15 ad Firs! Hong Kong... .80 .85* Second Hong Kong .56 .60 sd' bterling Commodity 4/- 4.7 •Dong Kong
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    • 252 18 SINGAPORE, Nov. 2(i. A two-year project Initiated by a United Nations expert came to fruition today with the opening of the Singapore Essential Oils Distillation Ltd. in Jurong, by Dr. Goh Keng Swee, the Finance Minister. The factory will export relined oil extracted
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    • 114 18 Th* Assesiatien ef Bank* in Malaysia made these changes in Its tales to mer < bants oa Saturday tall ratea to $100’: Untied Stats* Buying TT 33 1 14 airmail 011 33 3 16. 90 d it. 3.3 11/18 credit bills, 34 trad* bid* Canada: Buying TT 35|.
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    • 33 18 RCRRKR TIN (per lb). (per piculi. Nov. £B. 497, cs 4. *801.52% 31. 49'* ct*. $591.75 22. d* $574.62'. 25. 49*4 **9. $592.12 24. 50 ctB. $593.00 25. $598.62 1 j
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    • 59 18 ON the frs* asehang* marks! in Hong Kong on Haiurday the U.S, Dollar was quoted at 6 05 for T.T. and 8 02 for cash. Sterling was quoted at 14.50 and on« tael ef gold at 2811 NOTE: All rate* and gold j/rlce readjusted following the upward
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  • 1034 19  -  By KHOR CHEANG KEE: Penang, Nov. 24 UIVE people were killed and 92 injured 32 seriously —in riots which erupted in Penang today as shops closed voluntarily, or were forced to close, in a hartal protest against devaluation of the old Malayan
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  • 45 19 KUALA LUMPUR, Nov. 24. An executive of the Malaysian Chinese Association headquarters here, Mr. Lee Tsing Yuan, has passed the external examttion of the London University for a Bachelor of Arts degree in economics. He is now planning to read law in England.
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  • 384 19 Shipping spokesman explains surcharge SINGAPORE, Nov. 24 gINGAPORE and Malaysian traders will benefit slightly on freight rates in spite of the 12i per cent surcharge on gross imposed by the Far Eastern Freight Conference today. An FEFC spokesman said today that shippers in Singapore
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  • 72 19 SINOAPORE. Nov. 24.—Singapore’s Deputy Director of Medical Services (Hospitals), Dr. Yeon Seang Aun, nas oeen elected chairman of the World Health Organisation seminar on health planning in urban development, which is being held at the conference nail till Dec. 4. The seminar was opened on Tuesday by
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  • 428 20  -  By ERNEST FRIDA. I gINGAPORE’S athletes are not in the least bit dismayed by the expected Malaysian domination of the Seap Games track and field events at next month’s Seap Games at Bangkok. Twenty-three of the gold medals in the 34 events have been
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  • 313 20 THE Badminton As- 1 sociation of Ma- laysia yesterday named their line-up for next month’s Seap Games and secretary Teh Gin Sooi said: “We should win three gold medals at least with luck all five.” Gold medals are con-; fldently expected from
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  • 356 20  -  By MANSOOR RAHMAN a MAi ibUK bwmiming Union of Malaysia secretary Lam Heng Chek does not agree with the forecast that the Malaysian swimming team to next month’s Seap Games at Bangkok will not be able to Improve on the 1965 tally of
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  • 345 20 RUGGER |T WAS sweet revenge for the “Rest ol the 1 World XV” when they beat ‘‘Scotland’ by a goal and two tries (11 points) to two goals (10 points) on the Kuala Lumpur Padang yesterday Last year the 8cou carried the day 9-3.
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  • 206 20 THE Malaysian men’s and women’s volleyball teams to the Seap Ganles at Bangkok next month are netaiming for anything higher than bronze medals. “Thailand and South Vietnam have the strongest teams In the region.” said Hoh Jin Yuen, the Malaysian team manager. “Our standard
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