The Business Times, 13 January 1979
1979-01-13
1
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The Business Times
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Title Section10 1979-01-13 1 BUSINESS TIMES M.C.(P) No. 14C/1/7I SATURDAY, JANUARY U, 117) SOCENTS10 words
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BRIEFLY...
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Article55 1979-01-13 1 Reuter MANILA, Fri. Nearly 400 foreign bankers are expected here next month for the second Asian foreign exchange and money dealers' congress which will discuss the viability of a single monetary system for Asean. The topic is part of the general theme of regional monetary cooperation as theReuter - 55 words
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Article58 1979-01-13 1 AFP KUALA LUMPUR, Fri. Asean is willing to consider providing an island as a temporary shelter for Vietnamese refugees on condition that third countries accept all of them, Malaysian Home Affairs Minister Tan Sri Ghazali Shafie said. Malaysia's proposal for such an island had been agreed toAFP - 58 words
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Article71 1979-01-13 1 Reuter JAKARTA, Fri. An Indonesian Member of Parliament has accused businessmen in Singapore, Hongkong and Taiwan of "subversive"action against poor Indonesian fishermen by buying up their catches. Mr Sugih Arto, chairman of the ruling Golkar faction and chairman of the Fishermen's Association, said the fishermen were being persuadedReuter - 71 words
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Article54 1979-01-13 1 Reuter LONDON, Fri. Another trade union threw its weight behind striking lorry drivers today as snow-caked Britain digs in for a spell of industrial chaos and shortages. A 24-hour stoppage by many British Airways' pilots and a threatened national rail strike deepened the gloom of Britain's winterReuter - 54 words
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Article69 1979-01-13 1 Reuter SIME Darby Holdings discussed its bid for Guthrie Corp Ltd at its regular monthly board meeting in Kuala Lumpur today but took no decisions requiring fresh announcements, a company spokesman said. Sime announced an offer for Guthrie at 425 pence per ordinary share and 60 pence forReuter - 69 words
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Article66 1979-01-13 1 AP TOKYO, Fri. The US dollar jumped to a fiveweek high against the Japanese yen on the Tokyo foreign exchange market today, closing the weekend at 197.925 yen. The dollar opened at 196.50 yen, the high for today, and the highest since Dec 8 when it hitAP - 66 words
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Article68 1979-01-13 1 AP NEW YORK, Fri. The stock market surged ahead this morning inspired by strength in the US dollar and better-than-expected news on the growth rate of the US money supply. The Dow Jones average of 30 industrials climbed 10.13 to 838.18 in the first half hour. Advances outnumberedAP - 68 words
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Chief Price Changes
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Article140 1979-01-13 1 Rises Most Active Supreme Corpn 190 +12 S Darby 273,000 Ayer Hltam Tin 1140 10 Jardine Loan 141,000 91,000 82,000 Spore Glass S T P 1975 Berjuntai 170 775 705 6 5 5 KL Kepong Tractors Sungei Besi 650 +5 Total Turnover: 2.16m Oriental Hldgs Shangri-La 545140 words
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Article, Illustration141 1979-01-13 1 Rises Most Active S Mai Tin 900 30 S Darby 374.000 Malayan Tin 1240 20 KL Kepong 147,000 Petaling 670 10 Consplant 139,000 Tronoh 710 10 H Par 84.000 A Hitam Tin A Choc 1150 122 10 +09 06 Total Turnover: 1.67m Kamunting 206 Total Value M$4141 words
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Article707 1979-01-13 1 COLIN CHEE - $100 M FOR TWO SHIPS By COLIN CHEE NEPTUNE Orient Lines has borrowed $100 million from the Post Office Savings Bank to help finance its purchase of five containerships, valued at $278 million. With this single stroke, the state-owned shipping line is believed to be707 words
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Article231 1979-01-13 1 UPI AFP ASEAN foreign ministers have reached agreement on the ramifications of the Vietnamese invasion of Cambodia. A joint communique will be issued shortly. Sources at the ministerial meeting in Bangkok indicated yesterday the statement would call for unspecified United Nations' actions. The ministers agreedUPI; AFP - 231 words
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635 1979-01-13 1 RONNIE LIM - By RONNIE LIM JAPAN'S Mitsubishi group is apparently taking a more active interest in the $2 billion-plus petrochemical project in Singapore. A second company from the group is understood to be taking up equity interest in it, and one of its chemical companies intends635 words
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Article101 1979-01-13 1 ASEAN and Australian aviation experts have recognised that several matters relating to the new Australian international civil ayiation policy (ICAP) will require further discussions and negotiations. They agreed upon this at the joint meeting in Canberra, from Jan 8-10, to discuss matters arising from ICAP. According to101 words
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252 1979-01-13 1 MEMBERS af the mart UK trade mission to Tlf pwr led by Mr Jeha SmJtfc, Brlttob Trade have wpirted that the Bepahlle is keea to witai Chiaeae aircraft aad that the aahtodtary ef the M Grasp here will be Tram member Deoto252 words
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257 1979-01-13 1 JOHN TAN - By JOHN TAN SINGAPORE has been cleared of the charge of government subsidy of textile industries brought against it by a major labour union of the United States last year. The US Treasury De-* partment has issued a preliminary determination indicating that there has257 words
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Page 1 Advertisements
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Advertisement14 1979-01-13 1 BEE BACK PAGE ♦8* Samson ite creates OMEGA 25 OFjF /v Eiistem Aq»*r»ci* b14 words
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Advertisement333 1979-01-13 1 u Hapag-Lloyd Fully containerised to Europe and United States. Regular, reliable and on time. M i t Whether you are looking for a new home this weekend or planning how to spend your time or simply looking few a relaxing article to read, there is something for you in Leisure333 words
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TRADE AND INDUSTRY
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322 1979-01-13 2 FOO CHOY PENG - By FOO CHOY PENG THE ASIAN Productivity Organisation should seek and maintain contacts with other regional and international organisations engaged in productivity measurement. These bodies include the United Nations Industrial Development Organisation and the International Labour Office. This is one of the recommendations put forward322 words
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Article213 1979-01-13 2 SWISS watchmakers have emerged from their shells of exclusive designs to run the technological race with the Japanese. Longines, the Swiss brand known for its fastidious design and fashion and high prices, yesterday announced a breakthrough for the production of quartz watches. According to Mr.213 words
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203 1979-01-13 2 THE PORT of Singapore Authority leased two berths yesterday to Straits Steamship in a move to maximise the use of these conventional berths in Keppel Harbour. The increasing amount of containers handled by the port in recent years has resulted in a decline in the203 words
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Article, Illustration158 1979-01-13 2 AIRLINE aad travel Industry representatives tamed np la toree at the Pahlstaa Interns ttoai I Airlines reeepttsn at the Hyatt Hotel to meet the airline's new general maaager, Mr Ejas M. Khan. Mr Khan, whs tosh np the appeftntmeat at the beginning sf this year, will158 words
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Article25 1979-01-13 2 PAN American World Airways has proposed a roundtrip budget (are between California and Sydney of US$495 ($1,089) $1,100 below current normal economy levels.25 words
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Article230 1979-01-13 2 THE SINGAPORE Tourist Promotion Board will develop all the interesting and untried spots suggested by the winners of its latest competition for inclusion into the present tour itineraries. This was disclosed by Mr Tan I Tong, chairman of the board during a prize presentation for230 words
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233 1979-01-13 2 POODTECH '80, to be held at the Singapore World Trade Centre from June 23 to 27 next year, will be a marriage of advanced food processing technologies from developed countries and food producers ifi the region. The exhibition, the first international food233 words
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Article61 1979-01-13 2 A TEAM of 26 Insurance Institute of Singapore members will visit China next month on an educational and holiday tour. The team, to be led by the institute's president, Mr Anthony Tan, will leave on Feb 25. The month-long tour will include scenic spots in Hongkong,61 words
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Article45 1979-01-13 2 ESSQ donated a total of $10,000 to five welfare organisations yesterday. The five that received the donations are: the Association of Educationally Subnormal Children, Bukit Merah Old Folks Club, Singapore Leprosy Relief Association, Students' Care Service and the St John Ambulance (Jurong centre).45 words
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Article279 1979-01-13 2 THE ratification of the avoidance of double taxation agreement between Singapore and Italy will enhance the flow of investment and technical know-how between the two countries. The agreement is retroactive in Singapore for income in the calender year 1975, or the accounting year ending not later than279 words
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Article381 1979-01-13 2 A SENIOR Cycle and Carriage executive has come out in support of MercededBenz cars. Referring to a Business Times report under the headline Steering Clear of Mercedes, he said that far from what the headline suggests, Singaporeans are buying more Mercedes-Benz passenger cars than ever.381 words
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Article419 1979-01-13 2 COURSES AND TALKS Nov 6- Jan 27: Life insurance agents certificate course (English and Chinese), SITC, srrc Jan 13 A 20: The Effective Secretary, SIM conference room, Mr Tan Teck Huat Jan 8-19: Personal and company taxation (module 5), SIM conference room, Mr Lee Fook Hong Jan 8-23:419 words
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Page 2 Advertisements
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Advertisement188 1979-01-13 2 4 VSOF V Ik J \*i-4 V-A r -x a m M V -V s :>"■ JKv fe >•-: **„r "-i makes business sense: Business Times: Unquestionably good value Subscribe to Business Times Get a bottle of Courvoisier VSOP cognac into the bargain Subscribe now to Business Times, and you'll188 words
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REGIONAL
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839 1979-01-13 3 CHARLES CHAN - By CHARLES CHAN YUGOSLAVIA should consider the possibility of joint ventures with Malaysians to manufacture machinery and equipment in this country, using local raw materials, as a means of reducing its trade deficit with Malaysia. Such Joint venture projects are feasible because Malaysia has839 words
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237 1979-01-13 3 THE United States will continue to accept as many Vietnamese refugees from Malaysia as possible although it cannot take in all of them. This was disclosed on Thursday in Kota Trengganu by US Congressman Henry Hyde, who led a team of American congressmen and officials237 words
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472 1979-01-13 3 CERTAIN companies in Malaysia are involved in misrepresentation of names in their purchase of shares allocated to bumiputras, Malaysian Deputy Minister of Energy, Telecommunications and Post, Datuk Najib bin Tun Abdul Razak said. Datuk Najib who was speaking as chairman of the Umno472 words
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Article144 1979-01-13 3 Reuter THE FOURTH ministerial meeting of Asian mem ben of the "Group «f 77" developing nations which opens in Colombo oa Monday is aa important preparatory step far the fifth United Nations Conference on Trade and Development (Unetad) to be held la Maalia in May, the Asiaa groapReuter - 144 words
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289 1979-01-13 3 THE US decision to sever diplomatic relations with Taiwan has had no effect on foreign firms' plans to invest in Taiwan, said Mr William Wei, Vice Minister of Economic Affairs. He said that according to information received in the last three weeks, new289 words
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Article80 1979-01-13 3 FATE has given one person from among the 2,700 Vietnamese refugees on the freighter Huey Fong the right to stay in Hongkong but it seems he will never enjoy it. He is the six-pound baby boy who was born on Thursday two hours after his80 words
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Article, Illustration365 1979-01-13 3 FOR more than half a century, people and cargoes have moved in and out of Sydney through a cluster of timber wharves sitting on wooden piles in the shadow of Sydney Harbour Bridge. Bales of wool and wheat were lumped across the timber decking and365 words
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Article104 1979-01-13 3 AFP INDONESIAN and Singapore officials began a twoday meeting in Bali yesterday to discuss the construction of a sea cable communication system between the two countries. An Indonesian communication spokesman said the cable of 912 km long would be built by the Japanese Nippon Electric Company costingAFP - 104 words
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522 1979-01-13 3 PAKISTANI government officials said on Thursday Pakistan runs the risk of defaulting on large foreign loans if major lending countries like the United States do not ease repayment terms by June. Default is a real possibility, said a ranking official of the Finance Ministry's522 words
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Page 3 Advertisements
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Advertisement109 1979-01-13 3 A golden investment opportunity in Singapore's fashionable Orchard Road residential area. Luxurious, high class finishes. Cairnhill Plaza Book early. Only a few units left. Ready Freehold Strata Titles. Immediate occupation. Professional estate management. No restriction to foreigners. 90% loan available up to 20 years at very low interest rate. We109 words
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Page 3 Miscellaneous
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Miscellaneous579 1979-01-13 3 TWO-IB-CRYPTIC PUZZLE ACROSS 1 Go quietly, as a criminal? (5) 6 Soft currency? (5) 9 Where the entertainment is essentially light (7) 10 In a Cockney's eyes, ingredient of pies (5) 11 Hugh upsets Dolly (5) 12 Greeting that's nothing more than an expletive? (5) 13 Papers relating to one's579 words
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Miscellaneous66 1979-01-13 3 Stir. 14, Gennaay. Drtiei. 21, Or-K. SI, Eatea. 32, S-aees-ca. 34, AThee. 35, Bat 34, Peart. 91, Teeth. S, Beedy. DOWN. 1, Fatal. 2, Weather. 4, Plaa. 5, T-ram-pa. I, Steal. 1, Belle. Lea. 12, TahMea. 14, Mah. 14, Petty (•(lleer). 17, E-N-try. 11, StrnnM. 24, Glide. 21, PUet. 23,66 words
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RAW MATERIALS
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Article, Illustration672 1979-01-13 4 Reuter SUGAR support and stockpile policy are expected to feature soon after the 96th Congress of the United States returns for business next week. A measure to raise returns to domestic sugar producers, through a combination of import fees, direct payments and possible quotas,Reuter - 672 words
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Article147 1979-01-13 4 SUGAR FUTURES trading in Hongkong yesterday remained quiet on continued lack of interest, with five lots traded against four on Thursday, dealers said. March closed at US 8.05/ 35 cents against Thursday's 8.31/40 close and May at 8.35/60 against 8.20/80 cents. Sugar future* closing prices: Qaalag Mch 8147 words
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Article188 1979-01-13 4 YARN and cotton in Hongkong with prices in HK dollars, spot ex-go-down CtOw yara: China Blue Phoenix 20s 2.300, 32s 2.856; 40a 3.000 (per bale o( 400 lba). Flaw gaada: China Butterfly and Globe brand unq; Dragon Head unq; Five Lambs unq; Flower and Butterfly unq; Flying Geese unq188 words
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Article229 1979-01-13 4 TRADING on the Singapore produce exchange was again featureless yesterday. Dealers reported another generally unchanged scenario. Pepper dealers said that demand was slow and an adequate supply was able to meet the demand. This condition should persist for another few weeks at least, they said. Coconut oil prices229 words
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337 1979-01-13 4 THE SINGAPORE and Malaysian rubber markets have seen quietly steadier conditions for the most part of the period Jan 4 to Jan 11, with prices improving to a peak of six cents before finishing off about three cents up, said HtUty, Catler aad Bath in its337 words
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Article217 1979-01-13 4 THE Singapore rubber market yesterday cloaed quiet with February One RSS buyers quoted at 236.00 cents per kik), unchanged from Thursday's cloae, dealers said. The morning closed quiet with February One RSS buyers quoted at 236.00 cents per kilo, unchanged from Thursday night's close, dealers said. The market rose217 words
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Article364 1979-01-13 4 Prices in cents per kilo yesterday: (per kilo) Buyers SeUers Int. 1 RSS prompt f.o.b 235.00 236 00N Int. 1 R.S.S Feb 235 50 230.00 Int. 1 R.S.S. Mar 230.50 237.00 Int. 2 R S S 232 75 233.75N UK/Coat. 231 75 232.75N Int. 3 R.S.S. 229 75364 words
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Article129 1979-01-13 4 NOON SSR and SMR pre* vnterdav RA9 February March* (Can real Mtk) <Fo rward Mtk) SSR 9 Bayer* Seller* Bayer* Seller* II tun pellet 1 232 00 234 OON 232.50 *J4AON SSR VI < 1 luir pallet 1 mm 231 00 N 229.50 23I.SON MRELB SMR CV129 words
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Article206 1979-01-13 4 WHEAT futures in Chicago on Thursday continued Wednesday's upward drift, gaining 2'« to M cents a bushel at midsession. Firmness came mostly on professional and local buying, although small commission house purchases aided the move as well. Traders noted that an exporter, a heavy buyer of futures in the206 words
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Article, Illustration509 1979-01-13 4 Reuter BOLIVIA will call for a new tin buffer stock price range of US$4.5O to $6 per 455 grams at a meeting of the International Tin Council (ITC) scheduled to open in London next Tuesday, Bolivian Mining Undersecretary Alvaro Ugalde said. The currentReuter - 509 words
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Article27 1979-01-13 4 Rubber Jan 12 Singapore: February: 236.00 cents (unchanged) Malaysia: February: 240.75 (up 0.50 cent) Tin: $1,776 (down $20) Official offering: 192 tonnes (down 48 tonnes)27 words
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Article300 1979-01-13 4 BINGAPOU: Yesterday's closing prices I" S| per kilo exgodown: THAI WHITE 100 pet first class (kangaroo): New crop O.tt 100 pet second class 0.0 100 pet third class 0.87 25 pet new crop no stock 810 pet 0.79 THAI BROKEN A-super 0.(2 Special 0.54 Thai rice 56 pet no300 words
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Article66 1979-01-13 4 THE Straits tin price in Penang yesterday dropped MJ2O per picul to H,776, |76 above the International Tin Agreement ceiling, dealers said. Sentiment remained weak following the continued fall on the London Metal Exchange although there were reduced supplies of tin concentrates from miners, they said. But, some66 words
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Article108 1979-01-13 4 SOYBEAN futures posted a mostly-higher close in Chicago on Thursday after climbing out of the loss column with the aid of soaring wheat futures. The market gained 3 3 to l- 1 cents a bushel in most months. Only the thinlytraded August ended lower, off IV* cents. Leading the108 words
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129 1979-01-13 4 JAPAN will start dispeslng sf Ito huge surplus af rice tram Ike Mxt fiscal year aid urge domestic fanners to plaat ether cereals and grains lastead sf the ma wasted staple feed, the Ministry sf Agriculture, Ferestry and Fisheries revealed. Sahjeet to the129 words
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Article866 1979-01-13 4 COCOA: Futures were at or near morning lows with on balance losses of £33.50 to £20 per tonne and near March sustaining the biggest decline. Sentiment was directly influenced by the larger-than-expected 14th week Ghana main crop purchase figure of 11,826 tonnes and the continued availability of nearby866 words
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Article73 1979-01-13 4 C.I.F. North European ports, in US dollars per ton unless otherwise stated. LONDON: Thurs Previous Malaysian 5* Ma bulk per tonne February unch SiSslr March 632' sir 627'; sir Sumatra 5% ffa bulk Afloat unch 627.50pd January unch 650slr February MOpd 645alr March 637pd 640slr April unch 63Sslr73 words
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372 1979-01-13 4 AP ALASKA'S oil is flowing, and officials are now seeking markets in Asia for one of the state's lesser known products barley. Alaska plans to ship its brand of high-protein barley to Japan and Taiwan, with some being tested as feedgrain, says RichardAP - 372 words
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Page 4 Advertisements
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Advertisement201 1979-01-13 4 U c The Foulks way means 1. Studying with the largest established firm of accountancy tutors in U.K. 2. Enjoying the benefits of over 90 years of tutorial expertise. 3. Being informed of the latest changes and current events and topics of interest and relevance through the exclusive "Foulks Lynch201 words
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OVERSEAS
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Article717 1979-01-13 5 ARRIVALS Service Local Operator Number Tine From MAS MH601 0700 KUL MAS MH682 0725 KCH SIA SQ101 0615 KUL MAS MH621 0640 PEN MAS MH607 0645 KUL MAS MH671 0945 PEN/KUL CAL CH06 1000 HLP CPA CX710 1005 HLP RBA man 1030 BWN GIA GAM) 1030 HLP717 words
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Article, Illustration250 1979-01-13 5 EXPECTED ARRIVALS TODAY KEPPEL WHARVES Alps Maru (0630 after Cecilie Maersk) 35/36. Daihaku Maru (0600 after Glory River) 27/28. Eastern Liberty (after Golden Glory) 25/26. King Pearl (1500) 23. Lica Maersk (after Verbena) 47. Merian (after Centaur) 1/ 2. NedUoyd Pushimi (1400 after NedUoyd Cumberland) 3/4. Nile250 words
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606 1979-01-13 5 ANTI-SHAH riots swept the southern city of Shiraz late into the night on Thursday after mobs set fire to the offices of Savak, the hated secret police. No troops and policemen were seen in the city, where martial law was lifted only three days606 words
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230 1979-01-13 5 AP EGYPTIAN Anwar Sadat said the United Btatos Ml art be held hack by a VMaam complex train cantD I A. am irvnung MVri IMUftff in the Middle East. He aim said he was awaiting an 4 aeries answer an mnnlni penee negotiationsAP - 230 words
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Article370 1979-01-13 5 AFP PROGRESS has been achieved in Soviet-American strategic arms limitation talks (SALT-2) in recent days but not enough for a date to be set (or a summit meeting between US President Carter and Soviet President Leonid Brezhnev, according to a US source in Washington. ButAFP - 370 words
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WORLD IN BRIEF
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Article364 1979-01-13 5 Agencies THE decline in the value of the US dollar pushed 1978 Japanese wholesale prices to the lowest level in 20 years, placing Japan's inflation among the world's few low rates. The Bank of Japan said the December wholesale price index rose 0.6 per cent to 103.3 againstAgencies - 364 words
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902 1979-01-13 5 UPI AP THE GOVERNMENT has declared a state of emergency In Northern Ireland, worst hit by a nationwide plague of strikes crippling transport and strangling whole sectors of Britain's economy. Troops on standby since Christmas were expected to begin moving supplies to NorthernUPI; AP - 902 words
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Article556 1979-01-13 5 COMPANIES in the United States, uncertain about the economic outlook, are planning relatively small increases in investment this year, a Commerce Department report has indicated. The department estimated on the basis of broad surveys that business plans to increase spending for new plants and equipment by 11.2556 words
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Page 5 Advertisements
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Advertisement28 1979-01-13 5 1 *****111 "^y 1 •< V. r 4 ANAGNER ORtGNAL IS A REFLECTION OF OLMUTY/f© SMTUS 9 Clothes and accessories 116 Shaw Centre. Tet *****25. Also open on Sunday28 words
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Article444 1979-01-13 6 MORE people are waking up to the fact that the Central Provident Fund can be made to do more. Increasingly, the Fund is being looked upon as a horn of plenty from which the fruits of our savings can be made to perform wonders444 words
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Article305 1979-01-13 6 MANY SINGAPOREANS and others with an interest in seeing the Republic succeed will be encouraged by the news that British businessmen see this island as a potential jumping-off platform for assaulting the massive Chinese market. So often, one hears wise men predicting that Singapore will305 words
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Article, Illustration1180 1979-01-13 6 NYT IS THIS the food of the future? Pizza with fabricated pepperoni and analog mozzarrella, poly unsaturated prime ribs of beef with high vitamin C mashed potatoes imitation caviar and sauteed soft-shell lobster? By the year 2000, what meat and potatoes will manNYT - 1,180 words
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Page 6 Advertisements
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Advertisement291 1979-01-13 6 APOLLO HOTEL Havelock Road, Singaore 3 Tel: *****1 AMBASSADOR HOTEL ***** Meyer Road, Singapore 15, Tel: *****11 CENTURY PARK SHERATON Nassim Hill, Singapore 10 Tel: *****7 CHEQUERS HOTEL 418 Thomson Road, Singapore 11 Tel: *****66 COCKPIT HOTEL 6/7 Oxley Rise, Singapore 9 Tel: *****1 GREAT EASTERN HOTEL 401 Macpherson Road,291 words
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Page 6 Miscellaneous
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Miscellaneous42 1979-01-13 6 Bristow Flank Da ckenS fcou. up! Coll uP! 6oy ft forer FoßTue, "foraeoLPV OJ£U,U)CLL,TOftDY "fHOmPSON TMC stern's cftpioueß... ujcll wp*ve one C/\CH U>MPTPS TM^ 0 P* Photo&RPPM OF SIR cHesi&RNUTOBeR Y n uroseß 5 IT? UHPiT DO *X> GeT>obM€S? m m \x42 words
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Miscellaneous893 1979-01-13 6 Sergio Mendes treat WHATEVER It to, If yea are Sergle laside ytaYe Jut a —ft to>M n>p Meades faa, dea*t mkm Cote to Cea- tox tover. eert tsalxht at 1.45 i>—- whea Sends All whatever It to, aever take It Meades aad Brasll TJ will take the ta< e year893 words
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Article, Illustration807 1979-01-13 7 LEONARD SILK - By LEONARD SILK NYT DURING the twe decades after WkM War Twe, predactivity eatpat per worker-hear grew la the Halted States at aa average rate ef SJ per cent a year. Staee I*7, however, the rise la productivity has slackened to a rate efNYT - 807 words
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Article, Illustration733 1979-01-13 7 NYT LONG considered both a symbol of national pride and a monument to inefficiency and corruption, Mexico's state oil monopoly, Pemex, has surprised its many critics by rising to the challenge posed by the country's huge new oil discoveries. The company has not onlyNYT - 733 words
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Article406 1979-01-13 7 THE army was out—manoeuvred by a little laundry service at least twice in 1977. The Auditor-General's Office found that a laundry operator in Portsdown Camp had been paying rental of $350 a month but, had been surreptitiously charging its electricity bill to the army, estimated at406 words
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533 1979-01-13 7 NYT THE normalisation of relations with China could mean the recovery of almost US$2OO million (S*44o million) for American companies whose assets were frozen there 30 years ago, according to government tallies. While only a fraction of that total isNYT - 533 words
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779 1979-01-13 7 Anthony Lewis - [FOBPHi r ...with Anthony Lewis NYT THE instant transformation of Prince Norodom Sihanouk from prisoner to international spokesman is one of the most amazing events on the work) scene in a long time. There he suddenly was, in Peking, as voluble and candid as ever, speakingNYT - 779 words
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Page 7 Advertisements
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Advertisement380 1979-01-13 7 \KV and where to entertain up your life at Vanda Live it up at the newly renovated <Sf Vanda Bar. Styled for comfort and good cheers Sing along with our resident duet George David to your favourite request Happy Hours from 5p.m.-8p m 30% discount Singapore Oochid Inn II I.380 words
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INTERNATIONAL STOCKS
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Article597 1979-01-13 8 TOKYO Source: DBS-Daiwa Securities THE MARKET opened bullish yesterday with attention focussed on blue chips due to heavy buying by mutual funds, foreign and corporate investors. However, blue chips gradually declined on profit-taking in the afternoon, since some investors switched to i-esources-related issues such as oil andSource: DBS-Daiwa Securities - 597 words
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Article381 1979-01-13 8 'THE STOCK market firmed Slightly with the all ordinaries '-index rising 2.11 points to •562.90 and the metals and min~ing index 33.59 to £699.45, dealers said. BHP rose 4 cents to $9.58, CRA 9 to $3.65, Ashton Mining 3 to 97 cents, Samantha Ex- ploration 2 to 55 cents381 words
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Article176 1979-01-13 8 THE MARKET closed higher across the board yesterday, with turnover rising slightly to 19.3 million pesos from Thursday's 19.2 million, dealers said. Gainers were Atlas Con B. Benguet Con B, Lepanto B, Marinduque B, Basic Petroleum, Oriental B, Pogei, Pioneer, Meralco, PLDT and San Miguel B while the only176 words
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Article329 1979-01-13 8 THE STOCK market closed mixed in moderate trading yesterday, dealers said. In the financial group. Bank of Asia rose 4 baht to 260, Laem Thong Bank 8 to GOO but First Trust dropped 8 to 524, while Raja Finance gained 30 baht to 1,630. in industrials. Crown Seal lost329 words
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Article371 1979-01-13 8 Source: SHK Sec Ltd BOOSTED by the "no-change" decision of the Exchange Banks Association for interest rates and a report that an American company is to invest USJ700 million (SJ1-5 billion) into a cement factory near Chin* Lights power sutioa. prices moved sharply higher yesterday in early trading ooSource: SHK Sec Ltd - 371 words
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Article61 1979-01-13 8 FINANCIAL TIMES INDUSTRIALS Thursday 477.5 Wednesday <78.6 Week Ago 478.2 DOW JONES AVERAGE INDUSTRIALS Thursday 828.06 Wednesday 824.83 Week ago 808.56 LONDON DOLLAR PREMIUM Thursday 84 to85'« Wednesday 83 > to 83 H.K.HANG SENG Friday v*? Thursday 528.50 Week ago 500.06 8YDNEY INDUSTRIALS Friday 473.25 Thursday 47X58 Week61 words
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Article221 1979-01-13 8 JA,. 11 CS Abiubi 11* -ft Alcan 41 Alcoma 27* Bank Mont Bank Not* Scotu Bell T*l 25 230 83 unch 4- It Beth Corp BP Can Lid I 21** Braacan Camp Red Lake Can Imp Bk 19% I 28% nonpar Canpac In* Pt CarUn« OKetli Cominco 25* 10*221 words
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Article150 1979-01-13 8 Reuter J. P. MORGAN and Co. said income before securities transactions rose 22 per cent in 1978 to U*****.9 million from 1218.4 million a year earlier. Net income was 18.9 per cent higher at $257.3 million, compared with $216.3 million in 1977. Net securities lossesReuter - 150 words
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95 1979-01-13 8 KAWASAKI Heavy Industries of Japan said it will sign a contract next month to sell the South-Eastern Pennsylvania Transport Authority 141 tram cars worth about US$5B million. The trams will be delivered between 1961 and 1963 and Kawasaki said it plans to assign an95 words
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European markets
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Article189 1979-01-13 8 JAM 11 Francs Acuoni Sutssei Alusuisse Br. 292 1X0 1 -10 Alusuisse Rw Brown Boven Br Clta Oelgjr Br at* Oelgy PCate Ocicr R«f Credit Suisse Br Credit Suisse R<f Elektrowatt Br. Ocorct Fischer Br Otobus Pc MP iaao ira NO on an 444 1MB 90S 430 uocB 10189 words
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Article135 1979-01-13 8 JAM 11 ru 317 JO -0J AtVOtd lius •1 Akao Jl JO unch AMETV «J0 -4U Amfu ***** ♦a Amrot Btnk WJO tU grp. Bolt TOJO -4.7 Borsumu Burfiminn Byenkorf CaJw Delfi noo ♦03 Dell Mi| Ennia 1MJB0 ***** ♦03 1 F-oftker Fort K.10 unch Odder Otobroc Oobain Z135 words
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Article273 1979-01-13 8 JAM U rr* CORBEILLE Alr-Liqulde 419 ■flllS B 8 N Oeml* Oanonc 572 24 C 8 T (ThomaonCmt) 407 50 4-13 Cto rnncalae dci Petrole* 142 09 Compecnte Financier* CompMM* Oenertie 411 unci) Credit Pancter De Prance 475 s (UDrmlrte) 250 5 Machine* Bull 5» 3 Mlctielln (B) 1132273 words
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Article88 1979-01-13 8 JAN 11 Frt FORWARD MARKET *<-•«" 430 •1 Arbed 2315 5 Astur M4 •10 Braacan 491 unch Bru-Lamb im •15 Canpac 642 Cock 902 -t EOei 18# xao *2 unch Elcctrobel 0740 1S0 Ob-Inno-Bm 2535 •15 Oev 1431 -4 Hobok ms •90 PMTO 3540 -10 Rjrl Dutch lass 588 words
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Article196 1979-01-13 8 JAN 11 Dm Aef-Telcfunken »30 Akxo SflOB Alii Let*n WO 30 A1U Ver» SOO -75 BAST 131 JOO unch Bay H T WDank 303 unch Bay Vbank 317 Bayer ***** 01 RW *****B R1IW 228 00 03 Caiwlla 3MB Chem Venr no -1.7 Commerzbank 224JO OJ Conu Oumml <530196 words
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Article100 1979-01-13 8 JAN 11 Lire Ante 32 -0_5 Aaaoc Oen ***** -00 Baitofi ill -21 Central* 4256 -46 Plat 2700 -35 FlnsKKr IK •S Gen ImmoC 71.2S -0.25 in pn 22T0 -13 ItaJcemenu ***** Ilalgu TOO -2 Ilalslder 370.50 -5 MMfnetl M Pt 522 -1 Mwclll Ere 222-50 -IS Medlot> WMa100 words
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Article1123 1979-01-13 8 NEW YORK STOCKS staged a rally la the final half hour of trading to aeon a small gain in moderate trading on Thursday Analysts said late strength was particularly encouraging because at the generally negative news background, and because the market broke out of a pattern1,123 words
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Article474 1979-01-13 8 FT WHEN Credit Suisse, one of Switzerland's big three banks, started to investigate the implications of its "Chiaaso scandal," it found itself heir to a vast network of Italian companies. Among these unsought investments was a tangled group of no fewer than 37 different undertakings headedFT - 474 words
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Article278 1979-01-13 8 CONTINUED growth in both turnover and profit is expected at ICL this year, Mr. T. C. Hudson, the chairman, says in his annual report. However, Mr. Hudson hastened to add that this will come about only when there is a competitive level of inflation, reasonable stability of278 words
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Article161 1979-01-13 8 Reuter GULF Oil Corp. has abandoned its first drilling venture in the Baltimore Canyon area off the New Jersey coast because it was unable to find any signficant indications of oil or natural gas. Gulf said it took about four months to drill the exploratoryReuter - 161 words
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Article105 1979-01-13 8 Reuter MARINE Bank Inc. said its non-performing loans were down in the fourth quarter of 1978. The company said by year-end, non-performing loans were US$299 million, 'down 182 million from yearend 1977. The bank said operating earnings for the quarter rose 40.1 per cent to 18 millionReuter - 105 words
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Page 8 Advertisements
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Advertisement208 1979-01-13 8 \0 The NEW CXfCRD ILLUSH24TED DICTICNACy aac LU 'HI NBV '-N IXMf l F.B ZYM nirxiAv w''— I~| "\:~w *1 >r-<"»* v- k—< S in Two Volumes Here it is Oxford celebrates its Quincentenary Year (1478 1978) with the publication of THE NEW OXFORD ILLUSTRATED DICTIONARY. The Netf Oxford Illustrated208 words
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BANKING AND FINANCE
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Article543 1979-01-13 9 Reuter THE latest US money supply report, showing no change for Ml and only a modest rise in M 2 for the week ended Jan 3, is not expected to change Federal Reserve monetary policy, analysts said. The market had expected a large increaseReuter - 543 words
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149 1979-01-13 9 THE U8 Treasary Department plans to sell ihNt US$l.2 MIH— st Swiss fraae ieasailaated —torn mJM 17. The actem, which will total ikMt twe Hilt— Swiss (rues, will taw maturities ef U aad tear years aad will be altered exclusively to, aad149 words
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MONEY AND EXCHANGES
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Article453 1979-01-13 9 THE US dollar was actively traded up on the foreign exchange market yesterday following announcemnt that the US Treasury will borrow Swiss francs through sales of securities. The dollar closed about 100 points stronger against the yen and marks. From 198.50/60 against the yen, the US dollar was453 words
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Article195 1979-01-13 9 Asian rates ASIAN currency deposit interbank rates as at close on Jan 12 I'S Dollars(Spot) Offer Bid 7 days 10'. 10' 1 month 119/16 117/16 2 months 11 1 11'. 3 months 115/16 11 3/16 6 months 11 15/1611 13/16 9 months ir» 113/16 12 months n 113/16 Sw.Krs. Das.195 words
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Article49 1979-01-13 9 Range of price* offered by diKCOunt houses on Jan 12: Overnight 4 > Call deposit* 4'- to 4'«% Cloting Buying Selling 3 month Treasury bills 4' 4'3 month Bank bills 7-. V: 3 month CD 7 11/16 7 9/16 6 month CD 7'. 7-. Source: National Discount Co Ltd.49 words
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Article21 1979-01-13 9 THE average rate at which Singapore banks are currently prepared to lend to their best customers is 7.75 per cent.21 words
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Article48 1979-01-13 9 FRANKFURT exchanges opening quotes yesterday: US 1 8580 90 Can 1 5640 60 Stg 3 695 705 1X192 43 53 Sfr 110.75 96 Lit 2 215 223 Ffr 43 50 60 Nkr 36.58 68 Bfr con 6.332 342 Bfr fin 6 253 263 Yen 0 9395 941548 words
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Article61 1979-01-13 9 AUSTRALIA NZ exchanges quotes yesterday US dollar 1.1408 1 1360 Sterling 0.5736 0 5671 Ninety-day air mail buying rates: Sum ling 0.5970 US dollars 1 1830 Ninety-day forward buying rates Sterling 0.5794 US dollars 1 1470 No* Zealand Stet ling 0.5300 0.5272 US dollar I 0627 I 0627 Ninety-day61 words
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Article49 1979-01-13 9 RESULTS of tender held yesterday for 91-day Treasury bills to be issued from Jan 15 to Jan 19: Offered: $20,000,000 Applied for: $43,000,000 Allotted: $20,000,000 Accepted bids: $98.96 approximately 40 per cent;higher bids in full. Average rate of discount on allotment: 4.145 per cent per annum.49 words
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Article281 1979-01-13 9 GOLD FUTURES in Singapore yesterday closed steady with prices rising slightly on the day in moderate trading, dealers said. Opening quotations were marked down between US$3.BO and $4.80 an ounce reflecting easier overseas gold prices and thereafter firmed slightly. Turnover for the day was 127 lots, but was below281 words
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Article306 1979-01-13 9 STERLING in London yesterday opened weaker while the dollar was basically steady on late Far East levels and Thursday night's finish, dealers said. The pound opened at $1.9875/90 against its $2.0005/15 finish with its effective index at 63.1, 0.3, down on Thursday night's close. It later eased to $1.9635/45306 words
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Article234 1979-01-13 9 THE US dollar for overnight delivery closed at 197.95 yen in Tokyo yesterday, down from a 196.50 opening but up from 196.55 at Wednesday's close, dealers said. The dollar fell briefly to 197.30 in afternoon trading following the Bank of Japan's cut to 50 per cent from 100 per234 words
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Article41 1979-01-13 9 HONGKONG banknotes yesterday: US 4 70-4 72 UK 9 40-9 <0 Burma 1 20-1 SO India 4.70-4.90 Indonesia 0 70-0 80 Japan 2.39-2.40 Korea 0.7*4 95 Philippines 0 57-0.59 Singapore 2.17-2.19 Malaysia 2.12-2.14 Brunei 2.13-2.15 Thailand 23.10-23 40 Taiwan U.20-U.HI41 words
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Article622 1979-01-13 9 POOR LOAN GROWTH PROFIT ABILITY of commercial banks in Singapore went up in 1977 but in their other major areas of operations. the results were rather disappointing. In loans, deposits and assets, the 75 commercial banks as a whole, reported slower growth in 1977622 words
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Article382 1979-01-13 9 Reuter AUSTRALIA'S official reserve assets fell As 26 million to $3.20 billion in December after dipping by $102 million to $3.23 billion in November, the Reserve Bank reported. A year earlier, reserves fell $59 million to $2.88 billion. Excluding valuation effects, the bank estimated there wasReuter - 382 words
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Page 9 Advertisements
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Advertisement269 1979-01-13 9 It* m &s*m 4 W»s< .> <: •>. •V VP **C K, *< 1 .wm -t&iXSf >*U A Z tHH*mkir+e**£L Business Times 25.000 readers are frequent travellers on international airlines such as Pakistan International To reach them, advertise in Business Times Wanted: 25,000 passengers The 25,000 Business Times readers are269 words
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DEALS DONE ON THE SES AND KLSE
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Article1185 1979-01-13 10 SID and offer prices officially sted and business in and Br ported to the Stock Exchange 6 Of Singapore yesterday with the imber of shares traded shown i>rackets in lots of 1,000 units unless otherwise specified. All Time Settlement Contracts •re quoted after the word "sett". Big Board1,185 words
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Article131 1979-01-13 10 5 3/4% 1/6/78-80 (250,000) (99.558 101.108) 4 1/3% 1/8/80 (250.000) (98.258 *****) 4 3/4% 15/9/80 (250.000) (M 558 90.658) 6% 15/4/81 (250,000) (99.708 99 80S) 5% T F 1/5/83 (250,000) (100.108 100.255) B 3/4% T F I ft/6/81-84 (250,000) (102 90S) 7% 15/4/85 (250,000) (100.758 100.806) 7% 1/8/85131 words
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Article261 1979-01-13 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. Hame P E (March $1.45) (0.448 0.535). Semk Ship (March $1.25) (0.288 0.375). UE261 words
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Article148 1979-01-13 10 INCOME BON D UNIT learn) 1.12 HNGAFORK UNIT TRU8T (CtoreM ft Income Bond (M«—|in' prtsaa tar tea It) 111 The Commerce 2.13 Ml The Saving Fund 133 141 S pore Pro* Find O S 1.00 S pore Sec. Fund 1.74 184 MARA BUMIPUl ■RA FUND S pore Invest148 words
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Article2536 1979-01-13 10 1978/79 High Law Company Laat Sale orGr'« Div Div Cvr Crt Y'ld Net P/E Vol Day COOO) Hi«k Low 4. SECTION ONE INDUSTRIALS i 272 132 Acma 238 123* Alcom 178 i 107 Allied Choc 219 133 BAT 275 195* Bala 111 59 Ben 186* 108* Berjaya2,536 words
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Article1543 1979-01-13 10 BID and offer prices officially listed and business In and reported to the Kuala Lumpur Stock Exchange yesterday with the number of shares traded shown In bracket* In lots of 1,000 units unless otherwise specified. INDUSTRIAL* Acmx <9 IAAi Alaam (IMB 1.929) <2) 1.92 (4) 1.90. Ales1,543 words
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Article, Illustration574 1979-01-13 10 A LATE RALLY en fee Stock Exchange sf Singapore yesterday tailed to prsvlde a firm finish when the market etoaed. Thraaghaat Ike day the market displayed a distinct lack of bath range aad dlrecttoa. Althaagh prices apeaed slightly better, there was a lack574 words
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466 1979-01-13 10 SHARE PRICES close broadly lower in sluggish trading at the Kuala Lumpur stock market yesterday. Business was again confined to the market favourites which led the downtrend. These shares finished with marginal losses. Prices opened generally unchanged but with little support coming466 words
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Article203 1979-01-13 10 Be vis SEA: EOGM to be held at the Negara Room of the Kuala Lumpur Hilton, Jalan Ismail at 12 noon on Jan IS. Balunaa HydraaBe Tin BM EOGM to be held at 25, Beach Street, Penang, at 12 noon on Jan 18. Berjaya Kawat Bhd: EOGM to203 words
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COMPANY NEWS
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581 1979-01-13 11 SUSAN BEVAN - By SUSAN BEVAN THE combined pre-tax profits for 1978 of Guthrie Ropel and its newly acquired subsidiary, Kumpulan Temiang, are expected to reach MJ17.25 million pretax according to the prospectus just issued concerning the public offer of 10 million shares in Ropel. This581 words
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536 1979-01-13 11 FORECASTS made by the receivers and managers some two years ago that sugar grower and refiner, Gula Perak, would turn the corner by 1978 have proved far too optimistic. The company has just revealed a trading loss before tax of M 54.19536 words
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Article351 1979-01-13 11 Current Ex Books Date Total for Total for Payment Date Close Payable the year Previous year KAN 8% I Dec 30 Jan 8 Jan 13 8% 22% kamunling Tin 15% I Dec 15 Dec 28 Jan 15 15% 25% M Class 7%TE(b) Dec 19 Jan 2 Jan 15351 words
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Article119 1979-01-13 11 Company Particulars Ex Date Books Close Horjava Kawat Kahman Hydraulic STI» (l»7»> Bonus Issue of 1 for 2 Bonus Issue of 1 for 2 Bonus Issue of 1 for 3 Jan 9 Jan 16 Feb 13 Jan 19 Jan 26 Feb 20 IV I'roductt. M IIS Bonus issue119 words
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Article, Illustration963 1979-01-13 11 MANO SABNANI - By MANO SABNANI CHEMICAL Company of Malaysia (CCM) is now taking a dimmer view of its prospects for the current year than it did last November when it announced its preliminary results for the year ended Sept. 30,1978. The company, which is963 words
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443 1979-01-13 11 THE prospects for the Sungei Bahru Rubber Estates Ltd. in the current year appear encouraging as a result of the present improved rubber prices and the good crops expected in the coming months. Mr. P.T. Gunton, chairman of the UK-based plantation company, points443 words
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Article, Illustration686 1979-01-13 11 Roll out a bonus mm® HOCK LOCK SIEW SO YOU HAVE done your homework and feel that the next bonus issue will roll out from National Iron and Steel Mills (NISM). And the relative firmness of NISM's share price amid intermittent bouts of profit-taking seems to strengthen your belief. AfterHOCK LOCK SIEW - 686 words
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Article246 1979-01-13 11 of action being taken against it, FABER MERLIN MALAYSIA has replied to the Kuala Lumpur Stock Excgange's queries on its annual report for the year ended June 30, 1978. On the KLSE's question relating to the item "investments" in the company's consolidated balance sheet which shows a decrease246 words
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Page 11 Advertisements
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Advertisement321 1979-01-13 11 ymmmmmmmm* GOOD READING FOR ALL PARENTS Learning Through Play is a book chock full of ideas for simple games, activities and experiments, designed to help children develop their minds and bodies. Babyhood should be required reading not only for all parents but for every doctor or nurse in contact with321 words
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252 1979-01-13 12 UPI SECRETARY of State Cyrus Vance said on Thursday all peaceful nations should condemn the invasion of Kampuchea and pressure Vietnam to withdraw its troops. "We have made it very clear that the invasion of Kampuchea threatens regional peace and stability, and violates theUPI - 252 words
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Article, Illustration838 1979-01-13 12 Reuter ASEAN foreign ministers yesterday began an emergency meeting in Bangkok as the war in Kampuchea swirled nearer to the Thai border. The two-day ministerial meeting is expected to hammer home their concern over the spreading Vietnam-Kampuchea war. Western diplomatic sources said Siem Reap,Reuter; Source: AP picture - 838 words
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303 1979-01-13 12 UPI OUSTED Kampuchean leader Pol Pot believes Soviet and East German forces participated in the invasion of his country, according to the text of an interview with Mr Pot, released by a Canadian Maoist group. A five-member delegation of the Canadian CommunistUPI - 303 words
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Article149 1979-01-13 12 Reuter THE BANK of Japan said it will cut to 50 per cent from 100 per cent the reserve requirement ratio on non-resident free-yen accounts from Jan 17. The new requirement will be applied to increases in accounts from the average February 1978 level, the bankReuter - 149 words
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164 1979-01-13 12 DELEGATES at the OECD's export credit talks have rejected the American proposals to tighten the OECD consensus on this kind of credit, said the head of the US delegation, Mr Gary Hufbauer. He said he was very disappointed with the outcome of Thursday's meeting and164 words
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219 1979-01-13 12 AP IRAN'S new Foreign Minister said his government will seek improved relations with the Soviet Union, but not at the expense of good relations with Washington. Mr. Ahmed Mir-Fede-reski, a 60-year-old former Ambassador to Moscow, said in Teheran there will be no changeAP - 219 words
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Article786 1979-01-13 12 LONDON, Fri. The market closed easier today with the severe disruption to industry caused by the road haulage drivers' dispute causing fresh selling, but some buying interest restricted falls, dealers said. At 3 pm the Financial Times index was down 2.5 at 475.0. Falls among leading issues ranged786 words
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243 1979-01-13 12 AFP CHINA will asw allew eld CUmm "capitalists" la the caaatry to eajey their capital aad live sir their pnflk The Werkers' aewspaper pahUshed la Peklag by the trade aaleas reperts that the geverameat "eaeearages" the repatrtattoa to China mt fweip earreaey capitalAFP - 243 words
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Article84 1979-01-13 12 THE NTUC Welcome Cooperative said the statement by Dr. Augustine Tan, MP for Whampoa, in Parliament on Jan 10 is untrue and unfounded. Dr. Tan said NTUC Welcome tried to pressure the consumer clubs and other retailing cooperatives to charge more for rice sold to the public. A84 words
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Article437 1979-01-13 12 CENTRAL PROVIDENT Fund savings could be used for insurance schemes covering the tertiary education of members' children and for outstanding payments due on private housing loans. This was suggested by Mr Seah Mui Kok (Bukit Ho Swee) during the third day of parliamentary debate on437 words
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Article244 1979-01-13 12 ONE CANNOT turn, with the wave of a magic wand, i a technocrat into a poiiti- J cal leader with ready- i made grass roots support. So said Mr. Ivan Baptist (Potong Pasir) when he 1 dealt at some length with the problems of finding244 words
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177 1979-01-13 12 THE GOVERNMENT intends to amend two laws to remove any doubt abOut the legality of futures contracts. The Civil Law Act, section 7, will be amended to confirm that commodity futures contracts entered into in Singapore is valid, even though the contracting parties177 words
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Article157 1979-01-13 12 SUBSEQUENT revisions of rewards and salaries should also be extended to teachers at all levels. This was stressed by Dr. Ow Chin Hock (Leng Kee), Parliamentary Secretary (Culture). It is important to realise, he said, "that a shortage of qualified and devoted teachers at all levels157 words
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Page 12 Advertisements
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Advertisement181 1979-01-13 12 NOTICE To the holders of the floating rate U.S. Dollar Certificates of Deposit due 18th January. 1982 of: THE FUJI BANK, LTD 10th Floor. UIC Building. 5 Shenton Way. Singapore 1. We hereby certify that the rate of interest payable on the above-mentioned certificates of deposit for the interest period181 words
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Advertisement65 1979-01-13 12 Leader... Page C Who dares to put A white wine in a black bottle? BLACK JONMR! classic vv hue vv ine trom (iermanv presented m .in original black bottle Black lower has a distinctive stvlc and character u hich makes it iust njzht to drink all the tune Whatever the65 words
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Page 12 Miscellaneous
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Miscellaneous59 1979-01-13 12 WEATHER Outlook for Singapore from 6 a.m. to noon today: No rain. Report far 24 hoars prior to ?JI p.m. on Jan 12 at the airport: Maximum temperature 30.1C Associated humidity 62 Minimum temperature 22.2 Associated humidity 97 Hours of sunshine 10.35 Rainfall in millimetres Nil Total rainfall for the59 words
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LEISURE TIMES
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1124 1979-01-13 13 TERESA LIM - By TERESA LIM QUITE a number of executives claim they have no time for leisure golfing with potential clients in the weekend, they say, is surprisingly hard work. Traipsing round the cocktail circuit requires the stamina of a hardy bluecollar worker and more. If1,124 words
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Article, Illustration701 1979-01-13 13 JOHN LIM - By JOHN LIM ALMOST two decades after the birth of the brand of music that changed the music world, Singapore is just about ready to launch its first ever LP album that is composed, arranged and produced entirely by a five-man local group, the701 words
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Article357 1979-01-13 13 BOOK OF THE WEEK A MANAGING director of Guinness called the Guinness Book of Records the greatest time-waster of all time. Very few people will be able to cull great profundities from this book, but the 342 pages of the 1979 edition can offer a357 words
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Article, Illustration887 1979-01-13 14 Tsang Sau Yin - DESTINATION with Tsang Sau Yin A WEEKEND SOJOURN in Peninsular Malaysia usually boils down to a hair-raising drive to beat all the other fellows heading in the direction of Kota Tinggi. Once there, the falls hardly present a pleasing alternative to the Sunday swimming887 words
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1124 1979-01-13 14 JANE WOO-KOH - MpSIC BKIEf By JANE WOO-KOH THERE IS limited exposure to, and interest in, Renaissance music in Singapore. We do not have the kind of libraries and museums as one can find in Europe and in the United States or Canada. We hear some Renaissance1,124 words
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PROPERTY
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Article, Illustration934 1979-01-13 14 TEO TECK WENG - By TEO TECK WENG RECENT DEVELOPMENTS In the law of torts in English-speaking countries have extended the liability for civil wrong of people involved in the building profession. There are greater possibilities of contractors suing architects, consultants, soils survey specialists or even employers for934 words
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Article, Illustration268 1979-01-13 14 DISPUTE records at the Board of Architects and the Institute of Building, Singapore Centre, have increased since 1974 and there is a backlog of cases. Mr. Lin Boon Liang, chairman of the institute, disclosed this in the conference on Building and Civil Engineering268 words
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Article, Illustration337 1979-01-13 14 LINGO Enterprise, a wholly-owned subsidiary of City Developments, intends to construct a shopping and office building in the Central Business District. The 930-square metre site was purchased from the Robin Group for a little over 13 million several months back. It337 words
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Article, Illustration121 1979-01-13 14 HEM COURT, a three-storey apartment Meek la Orange Greve Bead adjacent to the Mlmesa Hetel, to fer sale. The ewner expects a price la the regies ef $2i millien to $3 millien fer the preperty which is ea sfler as "vaeaat pessessicn". It places the121 words
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Article, Illustration96 1979-01-13 14 SHAW Orgaalsattea's first rnriiratlsl prejeet la Oraage Grave RmmI Imi ktta etopleM. FerukUl Grave, the 44apartmeat prejeet, la aadertahea by Skaw Priattag Warha Pte Ltd. TUa tsmpaay waa ael ap la lfTt aai Is whelly•waed by the Shaw Oraa MM avJarTMiniraf treehaM laai. It eOen96 words
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212 1979-01-13 14 ORIENTAL Credit and Realty, a member of Hong L«mg Holdings, is building 75 terrace houses in Upper Bukit Timah Road. The architectural emphasis is on space, said the developers. Each house has an average built-in area of more than 204.4 sq m, lending weight212 words
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Article, Illustration746 1979-01-13 15 TEO TECK WENG - SHIFT TO COMMERCIAL PROJECTS By TEO TECK WENG A MAJOR property company has reported good response to the sale of its two latest residential properties. United Overseas Land (UOL), a predominantly residential property developer, described the demand for dwellings in Faber Garden and White House Park746 words
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Article169 1979-01-13 15 THE Singapore Land and Housing Developers' Association is now called the Real Estate [Developers' Association of Singapore, headed by Mr. Lee Chin Chuan, president. The association is broadening its activities and welcomes aid from more of its members. Those interested can contact the executive secretary, Mr. S. K.169 words
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Article, Illustration372 1979-01-13 15 TSANG SAU YIN - By TSANG SAU YIN A SMALL antique centre grouped around a circular concourse will be one of the focus points in the new extension to the Tanglin Shopping Centre. At the most, II shops on the lower ground floor will be372 words
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1646 1979-01-13 16 JOHN TAN - PERSONAL FINANCE ...Insurance By JOHN TAN VERY FEWthings in life could be more important than life assurance. What after all can protect property, pay the doctor's bills, assure the family of security and ward off the risk of financial catastrophe All this1,646 words
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Article, Illustration1001 1979-01-13 16 COLIN CHEE - COLLECTING with COLIN CHEE IT IS SAID the aatlqae trade in Slagapere is marl bead. That is Mt true, m same dealers will testify. Par theae wha have beea cellectlag aatlqnes far same years, the bosiaess here is certainly aoe af the basleat ia the Far1,001 words
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Article, Illustration524 1979-01-13 16 MARGARET THOMAS - By MARGARET THOMAS DO YOU THRILL to the sight of surfers riding their huge breakers as "Hawaii Flve-0" begins on TV and then stare despondently at the one-metre undulations of the sea at its stormiest off the East Coast Parkway? Do you524 words
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Article555 1979-01-13 16 FRANK PRIAL - Bits and pieces of wine news have been filtering into Singapore mostly about the excellent year 1978 has been for Beanjolais. Bat last year has not been equally kind to vines everywhere and the 1978 vintage has been uneven. It will need a trained palateNYT - 555 words
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Page 13 Advertisements
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Advertisement41 1979-01-13 13 SHIPPING TIMES If yw an In shipping, or virtually any trade, yon need Shipping Times. Published five times a week with Business Times, it keeps yen np to date en ships, parts and shipping business. Make sure yen get year cepy.41 words
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Advertisement394 1979-01-13 13 rasa COULD this be the heme yea have been looking for? Page m. A WARNING for all property owners (rem a top-flight 1awyer............n. COMBINING the thrills of waterskiing aad surf-board riding.......... IV. PERSONAL Finance: A guide to the Intricacies of insurance IV. The LIFE Library Of Photography helps you to394 words
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Page 13 Miscellaneous
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Miscellaneous678 1979-01-13 13 WHAT WHERE THEATRE The Lion of Singapore,world premiere of the musical based on the life of Sir Stamford Raffles, tracing his meteoric rise from clerk to governor, then ignominious punishment at the hands of the East India Company which he had served so loyally. Nigel Williams and Anna MacLeod(right) Bl678 words
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Page 15 Advertisements
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Advertisement431 1979-01-13 15 .[=,@:@?~[_>^'~%.>(\_=+;([":|[= p RIDGEUUOOD ttic M ost I diked About Condominium in Singapore APARTMENTS 426 spectacular 3-4 Bedroom Apartments. Superior Finish. Built-in Cupboards. Kitchen with ceramic tiles, cooker hood, washer and dryer. Sales Prices from $173*000 FACILITIES 6 Parklike hectares A superlative Recreational Area, complete with 2 Pools, 2 Tennis* Courts,431 words
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Advertisement485 1979-01-13 15 Richard Ellis C.H.Williams Loh (Pte) Ltd. International Property Consultants FACTORIES/SITES: Aljunied Road Industrial Building 11 floors: 14.600m 1 Fully Occupied Prkc: $10 million Upper Thomson Road Freehold Industrial Sites Area: 3,000 to 14.000m 2 Price: $170 to $260/ m' OFFICES: Market Street New 10-storey office building Entire floors only-140/430 m485 words
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Advertisement439 1979-01-13 15 PRIME OFFICE SPACE NOW AVAILABLE FOR LEASE OCBC CENTRE Singapore's Finest commercial landmark close to the Raffles Place with superb breathtaking views of the city and the sea. Substantial car parking space. Subdivided suites from 85 sq. m. with only two whole floors of 965 sq.m. each, suitable for major439 words
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Page 16 Advertisements
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Advertisement83 1979-01-13 16 MERCURY POWERED BOATS FOR SALE SHETLAND 22 FT FIBERGLASS CABIN CRUISER COMPLETE WITH 200 HP MERCURY OUTBOARD. NETT PACKAGE PRICE $22,000. SHETLAND 18 FT FIBREGLASS HALF-CABIN CRUISER COMPLETE WITH 115 HP MERCURY OUTBOARD. NETT PACKAGE PRICE 515.300. CHALLENGER 17 FT SPEEDBOAT COMPUTE WITH 200 HP MERCURY OUTBOARD. NETT PACKAGED PRICE83 words
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