The Business Times, 3 February 1979

Total Pages: 16
1 16 The Business Times
  • 10 1 BUSINESS TIMES No. 141/1/71 SATURDAY, FEBRUARY J, 1179 50 CENTS
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  • BRIEFLY...
    • 47 1 AFP SALISBURY, Fri. Rhodesia officially banned all racial discrimination today, opening up schools, hospitals, public places and former white residential areas to all races. Acting President Jack Pi they yesterday signed orders invoking eight new laws to abolish all forms of racial discrimination. AFP
      AFP  -  47 words
    • 56 1 AFP KUALA LUMPUR, Fri. Malaysian Prime Minister Datuk Hussein Onn said here today that the question of recognising the new government of Heng Samrin in Kampuchea does not arise now. "We will consider the matter when the time comes," he said in reply to a question at
      AFP  -  56 words
    • 62 1 AFP JAKARTA, Fri. The Indonesian government has embarked on an ambitious power generation programme using coal instead of oil, which at a targeted production to reach 3,000 megawatts by 1993 will save the country an estimated 31.6 million barrels of fuel oil annually in its place, 7.9
      AFP  -  62 words
    • 60 1 UPI TOKYO, Fri. Saudi Arabia has reduced its crude oil production to support Muslims in Iran, officials of Miti, the Japanese Ministry of International Trade and Industry, reported today. The officials said the Saudi Arabian step will affect Japan, which has relied on increased production
      UPI  -  60 words
    • 74 1 AP WASHINGTON, Fri. The unemployment rate in the US declined slightly to 5.8 per cent in January, showing that the projected slowdown in the economy has not yet begun to occur, a US government report showed today. The jobless rate in December was 5.9 per cent, and
      AP  -  74 words
    • 48 1 THE Urban Redevelopment Authority has extended the closing dates for the receipt of tenders for its sites. Observers say that this is necessary as the festive holidays have made it difficult for interested parties to do the necessary homework prior to completion of the tender documents.
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    • 65 1 Reuter LONDON, Fri. Britain's Labour government today took a tougher line against the tactics of trade union extremists pressing for huge pay rises. After denouncing what he called "free collective vandalism" in Parliament yesterday, Prime Minister James called in four union leaders to tell them the way in
      Reuter  -  65 words
    • 47 1 UPI NEW YORK, Fri, The stock market struggled for direction early today in fairly active trading. The Dow Jones industrial average, a 1.65-point winner yesterday, was off 1.03 points to 839.82. Advances led declines, 631 to 329, among the 1,386 issues crossing the tape. UPI
      UPI  -  47 words
  • Chief Price Changes
    • 134 1 Rises Most Active Consplant Wrts 424 U A C 328 Nat Iron Loan 123 Tronoh Mines 750 High Low 378 Shangri-La 540 Guinness 525 Goodwood Park 460 C t C 372 Pegi Msia 148 H Giimian 300 Duff Dev 185 G I Hldgs 210 Keck Seng 204 Falls Ayer
      134 words
    • Article, Illustration
      152 1 Rises Most Active Castlefield 1230 140 S Darby 423.000 Consplant Wrts 428 54 H Par 375,000 M Flour 262 23 F Merlin 336,000 Petaling Tronoh 750 765 20 20 Consplant 324,000 Berjuntai 800 20 Total Turnover: 4.48m Bousteadco 198 18 Total Value: M$10.67m Boustead K Sidim 282 276
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  • 890 1  -  REBATES GET THE CHOP By COLIN CHEE THE MONETARY Authority of Singapore has taken its first step to eradicate malpractices in the life insurance industry. Last month, it told life insurance companies here to include in their contracts with life insurance agents a clause prohibiting
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  • 215 1 SINGAPORE Airlines is currently having talk* with Tiger International in Los Angeles on the possible sale of its seven used Boeing 7475. The SIA spokesman said that a number of other airlines and aircraft brokers are also interested in buying these aircraft SIA is, however, not
    215 words
  • 448 1 Reuter UPI JAPAN WILL send two senior officials to the US next week for crucial talks designed to seek comprehensive understanding of Tokyo's basic economic policy* a government spokesman said in Tokyo yesterday. A meeting of cabinet economic ministers decided not to specific issues
    Reuter; UPI  -  448 words
  • 201 1 THE Malaysian Prime Minister, Datuk Hussein Onn, said in Kuala Lumpur yesterday that Malaysia would step up sea patrols to prevent further influx of Vietnamese refugees into the country. The Prime Minister said Malaysia could no longer allow the Vietnamese to land on her shores as
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  • 263 1 A RECORD UB$M mltpsre*i gaM Mara market yesterday as beetle tradlag piM tilum ap to a aew high «f Ml late. The valae to almst deahle that itae «a Tharsday vhea valame was tower at Ml tote. Yesterday's flgarea esaapare favaarahiy with the
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  • 542 1  -  By ARTHUR NG SHANGRI-LA Hotel is reaping a bumper harvest from its Garden Wing project. Preliminary results from this "gem" of the hotel industry show a near 70 per cent rise in pre-tax profit to $12.47 million last year making it the
    542 words
  • Page 1 Advertisements
    • 3 1 SINGAPORE BUSINESS v»z.
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    • 94 1 XftTiMEVOUGME To BW WEST. Chances are that at Pan-West we have just the right equpment to hep improve your game At Pan-West we stock the finest range of top quality golfing equpment Confidence, Honma. Lynx to name a few Drop m on us and browse around Take a few practice
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    • 77 1 SRI Laalurt FTZ NO I fer GLOBAL msartirj system i heavy Mmlilh 2 a pipedntm JAPAN Steel Warto »pe— fa- NEXT chairmaa ti the ABB. duty here I TIMES Greap la even ALL-TIME reeeri Tekye trade thraat sarptas S BATTLE e( the vetee OIL heaeymeea ever (er la- BED CeM
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    • 6 1 Leader... Page I •SEE PAGE J
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    • 153 1 COPIES ANYTHING. FITS ON A TABLE TOP. MINOLTA EP-1 LeMer...Pmge w Golf Equipment Made to measure ARE YOU SURE THE BRAND NAME CLUB YOU ARE USING HAS YOUR CORRECT: 5). SHAFT TYPE 6). STYLE OF IRON HEAD 7) TYPE OF WOOD 1). LENGTH OF CLUB 2). GRIP SIZE 3). SWING
      153 words

  • TRADE AND INDUSTRY
    • 608 2  -  INFRASTRUCTURE WORK By FONG MEW LENG SRI LANKA will start infrastructure work on its second free trade zone next year to specially cater to foreign investors with heavy industries. This investment promotion zone two (EPZ 2) will cover more than 250
      608 words
    • 241 2 ASIA MARINE '79, billed as Singapore's first complete marine exhibition, has caught the eyes of China which will despatch a 10man team of marine experts to witness the event. This is a reflection of not only China's willingness to explore the marine market but also
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    • 177 2 THE CHIEF executive of the United Kingdom Trade Agency (UKTA), Mr J. Neilson Lapraik, will visit Singapore from Feb 7 to 14 for talks with local manufacturers and trade officials on ways of increasing trade between Singapore and the UK. UKTA is an organisation established
      177 words
    • 85 2 INDONESIA has discontinued the export of steel ore to Japan because of price disagreement, it was announced yesterday. Mining Minister Dr. Soebroto who made the announcement at a meeting with the parliamentary commission for budget affairs, said the government was exploring the possibility of exporting the steel
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    • 169 2 A MAORI cum pnw will be p—M to Depaty Prime Mtaristor Mi Mister far Defease Dr. CM Keag Bwee by New Zealaai High Caaunlastoaer O.C. Henley at Ike pa raie »nd Tnefiag sf Ike CMmt by Ike First Batuiien sf Ike Rayal New
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    • 545 2 AN IMAGINATIVE construction toy devised by an Australian designer Stephen Loechel to appeal to a wide age range has gained ready acceptance by international markets since its recent introduction. Additional markets for the toy 'Struts' have been opened up following its appearance at the 1978
      545 words
    • 210 2 SlNGAPOBE'Slateraalitrxt, haa m Immedklf plam to rm apea tta aHlee to Vlrtiim, a leaUr exeeatlve af Ike nM yesterday la reply to He < desbie? e to e l!s r, |i this to the remit af reeeat padtleal areata la the reglaa tactadtag the
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    • 418 2  -  By JOHN LIM JAPAN Steel Works, a major manufacturer of steel forgings and industrial machinery, has established its first overseas manufacturing facility in Singapore. JSW (Pte) Ltd, with an initial fixed investment of $6.5 million, is also the first factory in Singapore to
      418 words
    • 129 2 JURONG Town Corporation will ballot 288 and 56 units of 5-room point block improved flats at Pandan and Teban Gardens respectively next Wednesday. Member of Parliament for Bukit Timah, Mr Chor Yeok Eng. will officiate at the ceremony, which begins at 2.30 pm at the car park
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    • 487 2 COURBES AND TALKS Jan 3-Feb 21: Statistics for Insurance Employees, SITC, SITC Feb 5-Apr 14: Diploma in Life Insurance, SITC, SITC Feb 9: How Training Paid off for One Organisation, Hotel Equatorial, ST ADA Feb 10 17: Vosper Pte Ltd training course, RELC, Vosper Feb 12-13: Finance for
      487 words
    • 66 2 ACTING Minister for Culture, Mr. Ong Teng Cheong, will attend a 10-day intergovernmental conference on communications policies in Asia and Oceania from Monday. The meeting will be held in Kuala Lumpur. Mr. Ong will be accompanied by Mr. Ng Kwee Choo, director of the publicity division of
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  • Page 2 Advertisements
    • 202 2 Vo^e^ aV 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 Lynch
      202 words

  • REGIONAL
    • 343 3 AFP THE Indonesian government uesterday announced the discovery of a big corruption case involving 2,098 million rupiahs (about 557.33 million) in the state-owned shipping company, Pelni, and denied that its anti-cor-ruption campaign was slackening. "Not all cases we are dealing with can
      AFP  -  343 words
    • 62 3 UPI THE SOVIET Union signed an agreement yesterday to help Vietnam build three engineering plants and a Ho Chi Minh museum. The official Vietnam News Agency said the agreement, which tightens already close economic ties between the two countries, was signed at a meeting in
      UPI  -  62 words
    • 531 3 MALAYSIA should be adequately equipped by next year to cope with largescale oil spills in the Malacca Straits. The national contingency plan will be supplemented at a later sufge by an Asean contingency plan. The national contingency plan on oil spills in the
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    • 422 3 DELEGATIONS representing the Malaysian tin industry are expected to visit Bolivia this year to obtain a better idea of the problems facing the Bolivian tin industry. The Bolivian Charge d'Affaires in Malaysia, Mr. Jorge L. Quiroga, said that discussions are being held with
      422 words
    • 249 3 AFP CHINA is willing to trade its crude oil for Taiwan's sugar, banana and electronic products, Peking's domestic China News Agency reported yesterday. In making the offer, the agency said Taiwan was now facing tougher protectionism with its trading partners. It was finding more and more
      AFP  -  249 words
    • 218 3 AFP THAI Airway*, starting next April, will ipertte thriee weekly flights tram Bugktk to Deapaaar, Ball, nslag a 244-aeat Airbaa, via Stagapece, tat wttbeat Mag allewed to tote aa pMH— here. IMb wm priTMrt far la aa air agreement signed by hi—lm aad
      AFP  -  218 words
    • 183 3 SOUTH KOREAS export drive got off to a sluggish start in January with the export volume amounting to US$B4O million (551.82 billion), up only 8.6 per cent from the same period of last year, according to the Commerce-Industry Ministry. However, the ministry
      183 words
    • 706 3 UPI, Reuter A HUGE TRADE surplus in spite of the US dollar's value slide drove Japan's 1978 balance of payments surplus to an all-time high of U5516.63 billion (5536.5 billion) on its current account, official figures showed yesterday. That amount compared with the previous record
      UPI,; Reuter  -  706 words
    • 683 3 AN AUSTRALIAN scientist is using mistletoe to support geophysical evidence of continental displacement and to find a key to the evolutionary advancement which enabled plants to develop separate sexes. He is Dr. Bryan Barlow of the School of Biological Sciences at Flinders
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    • 296 3 AFP FACED WITH the worst congestion this century, Bombay Port Trust (BPT) authorities have pressed into service a fleet of barges to offload at least some ships in midstream and send them on their way. Press Trust of India (PTI) news agency
      AFP  -  296 words
    • 118 3 AFP NIPPON Electric Company of Japan has won an order from China for a digital communication system, an item on the embargo list of Cocom, a Western grouping to control strategic products to communist countries. A Nippon electric spokesman said yesterday the equipment, with a maximum transmission
      AFP  -  118 words
  • Page 3 Advertisements
    • 153 3 I ODL Study with the MoB UNIVERSITY DCEUDAinOV WR PREPARATORY SCHOOL r~ TORONTO, ONTARIO UPS specialises in preparing overseas students for Grade 12 and 13 Examinations leading to entry to Universities and Colleges in Canada and USA. #UPS is registered with the Ontario Ministry of Education and its Credit and
      153 words
    • 64 3 <r. ftlA M o I 41 I The decor at Omar Khayyam is like a dream of the Arabian Nights. The cuisine is true Kashmiri, traditionally prepared and exquisite to eat. Omar Khayyam is indeed the ultimate in elegant dining and a delightful gourmet experience. "The most distinguished Indian Restaurant
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  • Page 3 Miscellaneous
    • 628 3 TWO-IN-ONE CROSSWORD CRYPTIC PUZZLE ACROSB 1 Good chaps who may go to the wall (6) 7 The sort of Jam that makes me mad and more (8) 8 If returning to the party, is a pet (4) 10 Point a plant out in the sky! (6) 11 Beaten sloppily? (6)
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  • RAW MATERIALS
    • 1137 4  -  By JOE FERNANDEZ THE world Bank has forecast a shortage of one million tonnes of natural rubber (NR) in the 1980s. Added to this is the changed market structure of oil, the main source of synthetic rubber (SR), in recent years. As a result,
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    • 29 4 Rubber: Feb 2 Singapore: February: 239.00 cents (up 1.75 cents) Malaysia: February 243.50 (up 2.00 cents) Tin: ***** (up $14) Official offering: 235 tonnes (up 60 tonnes)
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    • 86 4 THE STRAITS tin price in Penang yesterday rose a further MJI4 to {1,854 per picul, $154 above the International Tin Agreement ceiling, dealers said. Values continued to strengthen, despite a larger supply of tin ore partly accumulated during the recent Chinese New Year holidays. The market's firmness was
      86 words
    • 86 4 THE MALAYSIAN Minister of Finance has fixed these rates for the period from Feb 1 until further notice: Rabber: 237'* cents a kilo; Cepra: MSI.229.77 a tonne; Palm kernel: $955.75 a tonne; White pepper: $4,761.65 a tonne; Black pepper: $3,015.59 a tonne; The rates of duty payable are:
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    • 130 4 THE SUGAR market yesterday continued quiet although turnover rose to four lots from Thursday's one lot, dealers said. Prices displayed a slightly firmer undertone with July rising to 8.79/9.39 US cents from 8.75/9.15 on Thursday. Sugar futures closing prices: cmT Mch 8.30 8.75 8 30 175 May 8.53/9.10
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    • 362 4 OPENING quotations in Singapore yesterday were marked up 2.25 cents following firmer London advices and after hours higher levels here on Thursday. The market then held steady through early morning trading, despite some profit-taking, but rose another 0.75 cent towards the morning close on some upcountry buying Forwards were
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    • 444 4 Prices In cent* per kilo yesterday: Noon Close (per kilo) (per kilo) Buyers Sellers Buyers Sellers Int. 1 R.S.S. prompt f.o.b. 239 50 240 50N 239 25 240 25N Int. 1 R.S.S. Feb 240.00 240 50 239 50 340 00 Int. 1 R.S.S. Mar 240 25 240 75
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    • 131 4 NOON SSR and SMR price vntmltv It AS February March (Cart -eat Mthl (Foi •ward Mlh) Buyer* Sellers Bayers Sellers SSR 20 11 km pallet I M 236 00N 234SO 236 SON SSR SO (1 UA pillttl ***** 233.00N 231 50 233 SON MRELB SMR CV <
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    • 74 4 C.I.F. North European ports. In U8 dollar* per ton unless otherwise stated LONDON: Thurs Previous Malaysian 5Hffa bulk per tonne March unch MOslr April M7slr Sumatra 5* ffa bulk January SOOslr 072 t sir February OBOslr 872'ipd March 867'j Sir 650/655pd April 656 pd 657 ./655pd May/July unch
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    • 362 4 TRADING was very much reduced as the wait-and-see attitude grew pervasive at the Singapore produce market yesterday. Many traders were noncommital either for want of stocks or because they were generally expecting prices to move higher as the fear of shortages of certain commodities came closer to reality.
      362 words
    • 266 4 US President Carter expects to make a final decision on new proposals for sugar price-support legislation in "a matter of days," a key official said on Wednesday after a session with sweetener industry representatives. The meeting was the latest of a series that began
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    • 105 4 ZAMBIA has set declared a partial fen* majeare tapper shlpmeats, bat the caeatry's twa mala mlaiag rsmpaalos eaattaae to see a prsdaettsa shortfall, ladaatry ssarees said. IWy were eemmeatlßg sa UK aad U8 metal market repsrts that Zambia had made a deelaraHsa which weald redaee
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    • 909 4 OILSEEDS: Brokers yesterday reported buoyant vegetable oil markets with firm producer markets influencing trends in Europe Firmer copra and coconut oil markets in Manila and the US coupled with trade reports of renewed Soviet purchasing interest lifted prices here while palm kernel oil maintained recently established higher rates.
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    • 215 4 SINGAPORE: Yesterday's closing prices in S$ per kilo, ex-godown: THAI WHITE 100 pel first class (kangaroo): Nf»' crop 0.98 100 pet second class 0 89 100 pet third class 0.87 25 pet ne* crop no stock 810 pet 0.79 THAI BROKEN A-super 0 62 Special 0 56 Thai rice
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    • 153 4 IN A MOVE directly opposite Wednesday's late action, Chicago soybean futures staged a final-hour rally and closed higher on Thursday. Gains ranged from 3't to six US cents a bushel. Prices were held lower much of the day by local and professional selling tied to talk of possible rains
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    • 152 4 CHICAGO wheat futures ended a lacklustre session on Thursday with losses of half a cent to 3> US cents a bushel and only a small gain in the nearby March contract. Traders were hard put to generalise about the day's wheat action, except to say that a professional was
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    • 498 4 THE wheat harvest now pouring into Australian silos is worth USS2-147 million more than double the value of last year's crop, according to the Federal Bureau of Agricultural Economics The bonanza stunned even veteran wheat forecasters gathered in Canberra for the national agricultural outlook conference. The
      498 words
    • 137 4 NEW South Wales rice production could exceed 600,000 tonnes in 1979 following perfect hot weather in January, NSW Rice Marketing Board general manager John Taghabue said. He said in a disucussion paper for the 1979 national agricultural outlook conference Canberra yields could well exceed six
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  • Page 4 Advertisements
    • 112 4 A PENGUIN w. -A s V THE MALAYAN TRILOGY This famous trilogy wittily dissects the racial and social prejudices of post-war Malay during the chaotic upheaval of Independence. Through a succession of splendidly colourful characters, Anthony Burgess delineates the conflict and confusion arising from the almost enforced mingling of cultures.
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  • OVERSEAS
    • 692 5 Agencies THREE PRIVATE economists in US said on Thursday the US$29 billion (5562.9 billion) federal deficit President Carter projects for 1960 is likely to be much higher. Their estimates ranged from $40 billion to $60 billion. Their testimony to the House of Representatives
      Agencies  -  692 words
    • 220 5 Reuter FOREIGN eempaales ■■■—eed taveatmeata la US maaafaetariag la lfß, the largest yearly tetal slaee the ead ef WerM War 11, ill well abeve the 281 iaveetmeate ■■asaated la lfTt, aeeerdiag te a private sarvey pa Wished ea Ttaraiay. The sarvey, eeadaeted by the Ceafereaee Beard, said dellar
      Reuter  -  220 words
    • 737 5 ARRIVALS Service Local From 1 Operator Number Time MAS MH621 0840 PEN MAS MH607 0645 KUL 3 MAS MH671 0945 PEN/KUL iT CAL CI806 1000 HLP CPA CX710 1005 HLP 9 RBA B1323 1030 BWN GIA GA960 1030 HLP U THAI TG423 1035 BKK s SIA SQ103
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    • 137 5 WHO ema sheet fitting etui aai ramredstraight? TUs may have been Perish Verner Putea'i attltode m he geee abeat creatlag mew chain for Bwlhsl h Selh, Weet Germany aai the reealt Is a rocker consisting sf a leese upholstered —ifcn tti im sa a haifmssa
      INP photo  -  137 words
    • 558 5 NYT, UPI CHINA and the United States issued a Joint press communique on Thursday containing indirect criticism of the Soviet Union that had been softened at Washington's insistence. At the same time, American officials said they do not believe that the new relationship
      NYT,; UPI  -  558 words
    • WORLD IN BRIEF
      • 489 5 AP SAUDI Arabia will exempt foreign capital ventures from income and corporate taxes (or 10 years, provided there is at least 25 per cent Saudi participation, effective Feb 25, a royal decree said. The exemption period is now five years. The decree left other terms of
        AP  -  489 words
    • 410 5 EXPECTED ARRIVALS TODAY KEPPEL WHARVES Bunga Seta war (1200) 18. Hizbul Bahr (after Centaur) 1/2. Martha Bakke (after Vishva Apurva) 31/32. Nedlloyd Algoa (0600) 3/4. Nippon Maru (0930 after Kota Singapura) 42/43. Straits Hope (0830) 20. Tagaytay (after Tadeusz Ocioszynski) 33/34. Tapah (0600 after Rajah Brooke) 21East.
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    • 212 5 A SWISS National Bank spokesman said in Zurich the bank sold an especially large amount of US dollars for conversion of authorised capital exports last week. He said this is why the national bank's currency holdings rose only moderately in the last week of
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    • 78 5 Reuter WEST German exports to China grew faster than sales to any other country last year, rising by 71.6 per cent to 1.99 billion marks (552.3 billion),the Bonn Economics Ministry said on Thursday. A report said the big increase in sales to China gave West Germany a 1978
      Reuter  -  78 words
  • Page 5 Advertisements
    • 182 5 Mathematics and Statistics in Penguins Mathematical Carnival: Martin Gardner A piece of solid iron in the form of a doughnut is heated. Will the diameter of its hole get larger or smaller? Just one of the maddening but uniquely entertaining puzzles that make up Martin Gardner's latest collection. The ranga
      182 words

  • 415 6 REGULATION is usually an ugly word for industries which dislike external controls. But moves towards regulating the insurance industry by the Monetary Authority of Singapore seem to raise secret (and not-so-secret) sighs of relief rather than protests. This is because there has been a
    415 words
  • 360 6 SHANGRI-LA'S results may bring shareholders and their board to yet higher levels of ecstasy over the fact that they are coming ever closer to the peak that must be the Shangri-la of capitalism. But it establishes the fact that there is nothing like a
    360 words
  • 1922 6  -  IS Indonesia ready lor the great economic take-off? Adam Malik, J.B. Sumarlin and Prof. Sumitro Djojohadikusomo discuss the Republic's third five-year plan in Euromoney. We publtoh an excerpt of this article from Euromoney's supplement on Indonesia. Adam Malik, J.B. Sumarlin, Sumitro Djojohadikusomo THE
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  • Page 6 Advertisements
    • 230 6 w L! IB 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
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  • Page 6 Miscellaneous
    • 44 6 BnStcW-' Frank. DicZenS I CWOEJR uP M\CKfoRD. VC JUST ReC€_'V(LD iHe. Bevieju) f Bom Tne socieTv or House jourhAl £DlTo£S IN ustthetop Mouse vIOuCNRLS th£-Y Conduct BN \M-defth ON ffeODOCTION. fM4D LAYOUT OF epscw CHRG Soßm>TfeD. mejaexv yprr R CcPy u>fts 7 nic r^i
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    • 624 6 Matinee a mouthwash ft I L. I t t 5 a X I Mnte at 11M ul •f Virginia Wasfif" c I* "WW'« I I Taytsr Mi RkfcaH r K 1 I X 2 there*! Vtkbd Cur I tidrtt. at 7.41 liui ea a wall, wthtag te ie with the
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  • 766 7  -  By LEONARD SILK NYT. THE werld had a fright last aatama whea the dellar, the earreaey that helda the werld meaetary ayatem together, aaffered a severe stoktog apelL Tkto preveked the dramatle Nev. 1 reaeae eperatfoa, with the Federal Reeerve JaaMag ap totereet
    NYT.  -  766 words
  • 793 7  -  The price Japanese consumers pay t for their basic commodities seems to have a connection with the apparent superiority of Japanese commerce. This conclusion has been prised out by a US congressional task force investigating the causes of the massive Japanese trade surplus
    NYT.  -  793 words
  • 317 7 NEWS that JuroDg Town Corporation has decided to build smaller factories to cater to increased demand from small businesses comes as a great relief to many. We know of at least one manufacturer who, because the factory space allotted him was much larger that what he
    317 words
  • 946 7  -  [FOBUBU ...with Henry Bradsher NYT. r BY USING American plat- forms to warn against trust* I log any treaty with Moscow I and to call far the world to I unite against the Soviet Union, Chinese Vice Premier Teng Hsiao-ping
    NYT.  -  946 words
  • Page 7 Advertisements
    • 285 7 *!11l K* 1 itauthentic 1 Japanese food Teppan Yokki Tempmo Shosh«T* Suhiyoki Shobo Shobu Ouvness Houi Lunt#» —17 Noon —230 p *n D«no«< —600pm 1030pm W Lnch anted evenings in tine luiropean tradition. Mirabelle J U h > r I. I --Jo -o Js -v «rt» ''l\ •T2 Low xm.
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  • INTERNATIONAL STOCKS
    • 1014 8 NEW YORK PRICES cued in moderate trading on Thursday as investors continued to tret over unrest in Iran, the course of Interest rates and expectations of accelerating Inflation. The market quickly lost ground in the morning, extending Wednesday's slide but firmed in the afternoon. Analysts said the better
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    • 201 8 FTB 01 AblUM Alcan Ct n* 43 •H uncti Ik Alfoma Bank Mont Bank Nova Scotia Ball Ttl »H 36 34* «3H Bmtli Corp BP Can Ltd Braacan 31* 1»H Camp Rad Lak» Can Imp Bk 3* 3H» •K *<* Canpac MX •k Canpac In* ft MMB unch Car
      201 words
    • 305 8 TOKYO SHARE PRICES dosed lower yesterday on profit-taking and liquidations, dealers said. The Nikkei Dow Jones aver»fell 12.70 to close at 6,I. Volume Ml to 380 million shares. The Tokyo Stock Exchange index closed at 480.43, down 1.07. Chemicals, textiles, constructions, oils, coal mines and some large-capital issues
      305 words
    • 363 8 A LATE run on resources stocks in the afternoon seated yesterday brought the market to a stronger close, brokers said. The day's gains were reduced in early trading and the market could now be expected to mark time, they said. Base metal miners, some situation stocks and oils rose.
      363 words
    • 147 8 THE MARKET dosed mixed yesterday with minings posting gains, while commercials ana oils declined, dealers said. Turnover rose sharply to 27.1 mHHon pesos from Thursday's 10.2 million. Gainers were Atlas Con B, Marinduque B. and PhOex B while losers were Benguet Con B, Lepanto B, Oriental B, Seafront, Meralco,
      147 words
    • 279 8 THE MARKET cloned mixed yesterday with loss** and gains about equal la moderate trading, dealers said. Among the financial group, Bangkok Bank gained f baht to 387 and Thai Commercial Bank 6 to SH, while Thai Dana lost 100 to 3M and Union Bank of Thailand 7 to 391,
      279 words
    • European markets
      • 168 8 rcB 01 i >01 A*f-Tti«funken Akao Alia Laban All* Var* MM «JD nuo SMjH -0J -M unci) •ID BlfHT Wban* Bt| Vtank IMjM HI jein -ta -XJ ■•Mr BBT um •li BMW CUMll* Cham Varw "mT*" I •u -a -u 1 it' -11 B Daguaaa y f i ♦0
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      • 65 8 .J1K .i AMOC Of* n««inri mm *m SS3 14 Central* n*i PUutdar MM itsjb tu m 12 DM +30 Tl«lf«nll mm *m mmm lUlSvrr Tm u m M2 ♦> Z7! -4 ***** ♦TU mm *m ltaCMU MM Mmrtill Ere Hdtic' 1 MonrtHort MOU* B*0 Otm Ort itn *ti 1MJS
        65 words
      • 245 8 FSB tl PI* CORBE1LLE Alr-Lt« S N lurmlM M |l« UBCtl Srnr Thomaon ■■ii C*)_ *15 unch CI* ha 4M Pi ss«r 141 OMM nr. <r w (DM iltn C0B(« nit OMMTt lit 3BS -a Crafttl PhcW 41 Hacbrt to F-~ XX. SO 41 A aA* Mtrhalln (f) |Mi
        245 words
      • 67 8 Acac 0 ArM a -4 m -a -a m *t» Codk S Da tan a -u 4 M 1J Oev U Hobo* a M *m m Hi unch M unch U -U sorm a Mwy A 1 TUki 1 m m unch U Mtn 1 V Mont i M
        67 words
      • 143 8 ra« i ru ABM mm ■u AhoM AUO 1HL» JO JD 4J 4j AMZV Amtmt tut IMJi «u ♦1 Uuot Bftnk •mm ♦•J STsaw KJO -u nj» ■nan _zm ITTJ» ttJt •U -u Cfthn DaUt OtU Ml) I00J0 1KM 44 -2 roktar Port n ■m M M MO JO
        143 words
      • 113 8 rxa n I Acuoru BiiIiiii t*j m 1ST XI ♦1 1 f. 1 IS eh 1 II 1 2 1 3 •1 1 1 an 1 I^hHC 1 uncfa 1 I -M 4 •s jTTnJi ill 1 M i -r t 1 B 1 OS MB Tn ♦l -u
        113 words
      • 67 8 Reuter DEUTSCHE Lufthansa AG mid the number of piwn(era carried In IS7B rone 7.4 per cent over last year to 12J8 million from 11.71 million. Freight handling increased 7J per cent to 35L513 tonnes from 87.9U last year, the load (actor rase to (1.4 from per cent
        Reuter  -  67 words
    • 332 8 Source: SHK Sec Ltd THE MARKET gated further grouad yesterday as small weal specula tori pushed prices ahead. However volume was low. O—l— aad institutional Interest was noticeably absent, especially as overnight interbank rates hit 17 per cent yesterday morning Lack of stock on offer saw unrealistic galas ia
      Source: SHK Sec Ltd  -  332 words
    • 62 8 FINANCIAL TIMES INDUSTRIALS Thursday MU Wednesday 467.7 Week AfO 401.9 DOW JONES AVERAGE INDUSTRIALS Thursday 840.87 Wednesday 830.22 Week aco ***** LONDON DOLLAR PREMIUM Thursday 86 to 96 >V Wednesday. 82 to 98* HJLHANC SENG Friday 864.84 Thursday 648.46 Week ago 643.00 SYDNEY INDUSTRIALS Friday 482.06 Thursday 480.24
      62 words
    • 261 8 rn Rand INDUSTRIALS A Alpha MS unch Abrtoo Mi -I At And a an -1 A MIC MM unch Bartow* MO +1 aWMfir no unch a m +i Curru Finance Mi uneta Dt Bm Ind MM unch Bdcoo B UfUl AIM ♦to Evtrndi aiup r»d voik at -i <j+ratm
      261 words
    • 75 8 MARATHON CHI, In reporting a 29 4 per cent increase in its fourth quarter net profit, aaid that gain* from Improved domestic and International refining and marketing activity. It aaid the 14J per cent riee in net profit lor the year resulted from Sharply higher foreign
      75 words
    • 436 8 NYT. SHERATON has announced that an investment group It heads had purchased the leases on the SOstorey Americana Hotel and the City Squire Motor Inn. The two properties, on opposite sides of Seventh Avenue at 52nd Street, had been operated by Americana Hotels Inc., a subsidiary
      NYT.  -  436 words
    • 238 8 Reuter BETHLEHEM Steel Corp reported a fourth quarter earnings per share of US$l.7O (43 cents). Net profit came to $74.5 million ($19.2 million) on revenue of $1.67 billion ($1.36 billion). For the year as a whole, Bethlehem reported an earnings per share profit of $5.15 (loss
      Reuter  -  238 words
    • 104 8 Reuter REED International Ltd. has announced a pre-tax profit of £23 million (£18.9 million) for third quarter months to December 31. Sales were £404.7 million £407.6 million). Earnings per ordinary share came to 6.5p (3.6p). Nine months pre-tax profit at £63.1 million (£58.3 million). Tax came
      Reuter  -  104 words
    • 340 8 AP, Reuter GENERAL Motors (GM) and the United Auto Workera (UAW) have agreed on compensation for a speed-up on the assembly line at its truck plant. Union officials had threatened a strike. A GM spokesman Mr. David Hudgens said labour and management agreed to a
      AP,; Reuter  -  340 words
    • 218 8 Reuter UAL INC said, based on its plumed 1979 aircraft and equipment deliveries, it expects about US$5O million of investment tax credits to be available to offset federal income tax liability in 1979. The company's 1978 earnings included $139.6 million or $5.52 a
      Reuter  -  218 words
    • 119 8 Reuter FOKKER, Holland's largest aircraft manufacturer, announced that it hoped to have its new |wss>ng>r Jet in service by 1985. Fokker said it would carry out research in the next few months to assess potential for the airliner, tentatively called the Super F2B. The plane will seat
      Reuter  -  119 words
    • 297 8 Reuter G. J. COLES and Co. Ltd. hu reported an unaudited consolidated profit of A 529.24 million ($2158 million), far the Brat 27 weeks ended December 30. Turnover at $1.11 billion (1963.88 million) Profit is after tax 124.12 ($20.35 million) before investment allowance tax relief
      Reuter  -  297 words
  • Page 8 Advertisements
    • 385 8 KILLING TIME by Sandy Fawkes Sandy Fawkes felt like screaming inside. The man she'd spent six days and nights with "a cross between Robert Redford and Ryan O'Neal" had just been revealed as a mass murderer, rapist and a pervert. Sandy lived to tell her story because the killer nursed
      385 words

  • BANKING AND FINANCE
    • 655 9 UNCHANGED POLICY Reuter US MONETARY policy for the foreseeable future will be unchanged despite the latest decline in money supply. Money market analysts say the Federal Reserve report of a decline of US$3.l billion (556.7 billion) in M-l and a $2.9 billion fall
      Reuter  -  655 words
    • 358 9 Reuter BANK of Tokyo (Curacao) Holding NV is floating a 50 million mark (SssB million) seven-year Eurobond with a 5 3/4 per cent indicated coupon. Bond market sources said the bullet issue is expected to be priced around 99 1/2 per cent
      Reuter  -  358 words
    • MONEY AND EXCHANGE$
      • 294 9 GOLD futures yesterday closed weaker against Thursday night's levels in very active trading here, dealers said. The fall reflected followthrough from the metal's weakness in New York overnight and the strenguth of the US dollar yesterday. Turnover rose to a record high of 360 lots against Thursday's 201, and
        294 words
      • 447 9 SUSTAINED confidence in the US dollar brought the currency to close stronger on the foreign exchange market yesterday. It opened at 201.80/90 against the yen and was taken up gradually to 202.15/20 at Tokyo's close. From then on, the dollar did not see much movement and at the
        447 words
      • 52 9 RESULTS of tender held yesterday for 91-day Treasury bills to be issued on Feb 5, 6, 7 and 9. 1979: Offered: $30,000,000 Applied for: $97,500,000 Allotted: $30,000,000 Accepted bids: $96.91, approximately 29 per cent higher bids in full Avenge rate of discount on allotment: 4.350 per cent
        52 words
      • 251 9 THE DOLLAR yesterday opened around its closing levels on Thursday night after having slipped in overnight trading on the US West Coast, dealers said. In a quiet market, it started at 1.8845/55 marks compared with the 1.8832/42 closing here, but 1.8785/95 in California, and at 202.20/35 yen after a
        251 words
      • 68 9 AUSTRALIA and New Zealand exchanges on Feb 2: AUSTRALIA US dollar 1.1319 1.1271 Sterling 0 5726 0 5663 Ni.iety-day airmail buying rates: Sterling 0 5963 US dollar 1.1724 Ninety-day forward buying rates: Sterling 0 5808 US dollar ***** NEW ZEALAND Trading bank indicators Sterling 0.5305 0 5275 US dollar
        68 words
      • 185 9 Asian rates ASIAN currency deposit Interbank rates as at close on Feb 2: I S Dollars*Spot) Offer Bid 7 days 10' 10'• 1 month 10'. 10'• 2 months 10 13/*****1/16 3 months 10*» 10 6 months 10'• 10< 9 months 1013/16 1011/16 12 months 1013/*****1/16 1 month 3 months 6
        185 words
      • 6 9 Source: National Discount Co Ltd
        6 words
      • 21 9 THE average rate at which Singapore banks are currently prepared to lend to their best customers is 7.75 per cent.
        21 words
      • 126 9 THE US dollar for overnight delivery yesterday closed at 202.30 yen, up from a 201.70 opening but unchanged from Thursday's close. It fluctuated between 201.75 and 202.30 yen in slow late trading, closing at the day's high of 202.30 on dollar buying by foreign banks to adjust positions, dealers
        126 words
      • 131 9 THE US dollar yesterday turned slightly firmer against the deutschemark and the yen in thin trading, dealers said. It rose to 202.15/25 yen from 201.60/80 in New York overnight and to 1.8825/35 marks against 1.8780/800. Sterling eased to US$1.9000/ 10 from 1.9815/30 in New York. The Hongkong dollar weakened
        131 words
      • 55 9 FRANKFURT exchanges opening quotes on Feb 2: US- ***** 36 ilHQD 35) Cm 1 5080 ***** Stg 3 725 735 DPI-92 66 1* S Fr ***** 40 Lit —2.222 232 F Fr 43 CO N Kr 36 50 CO B Fr (cob) 6 345 356 B Fr (fin) «2«
        55 words
    • 230 9 NEW COURT Merchant Bankers, the lar a I merchaat banking subsidiary ef the Land—-baaed N.M. Rotharhild and Bms, has changed ita name to N.M. RatfcsehlM and Soaa (Singapore). New Coart was incorporated In Singapore la Itn and ita activities Inclade laaa syndication, corporate finance
      230 words
    • 170 9 Hanover Ltd., the London-based merchant bank subsidiary of Manufacturers Hanover Trust Company, will act as lead manager and agent for a US$25O million (***** million) loan to the Central Bank of the Philippines. The loan is for 10 years at 0.75 per cent over the London
      170 words
    • 241 9 MR. TJIO Kay Loen, general manager of Oversea-Chi-nese Banking Corporation (OCBC), is expected to become chairman of the Association of Banks in Singapore (ABS). He will replace Dr. Tony Tan, also a general manager at OCBC, who is currently running for
      241 words
    • 128 9 Reuter REDLAND Finance NV is to make a US$25 million (SJS4 million) 13-year Eurobond issue carrying an expected coupon of 9 1/2 per cent. Lead bank Baring Brothers and Co. Ltd. said ordinary share warrants will be attached to the bonds and
      Reuter  -  128 words
    • 361 9 Reuter BOND dealers in Frankfurt said they do not expect a second offering of mark-de-nominated US securities before next month. They point out that talks between the US Treasury and Bundesbank are at an early stage and that the capital market would
      Reuter  -  361 words
    • 262 9 Reuter CITIBANK is expected, yesterday, to hold its floating prime rate unchanged at 11 3/4 per cent despite a further decline in posted rated for 90-day certificates of deposit (CD). Analysts said, for the latest week, the Federal Reserve reported the secondary market CD
      Reuter  -  262 words
    • 209 9 Reuter CANADIAN narrowly defined money supply M-l fell Css6B million to $21.47 billion (551.03 billion to $38.9 billion) in the week ended January 24. Bank of Canada said Mlb, currency and all demand deposits, fell $620 million and M-2, currency and demand notice
      Reuter  -  209 words
    • 77 9 A NEW York Federal Reserve Bank spokesman declined to comment on a Japanese newspaper report that the bank will soon repay part of the yen funds it has used under the yen/ dollar swap line with the Japanese central bank. The Fed does not comment
      77 words
    • 152 9 Reuter EEC COMMISSION president Mr. Roy Jenkins said be is more optimistic about the eventual start-up of the planned European Monetary System (EMS) than he was a few weeks ago. Speaking after a lunch with French President, Mr. Valery Giscard d'Estaing, when this and the
      Reuter  -  152 words
  • Page 9 Advertisements

  • DEALS DONE ON THE SES AND KLSE
    • 1738 10 BID and offer prices officially listed and business In and reported to the Stock Exchange of Singapore yesterday with the t number of shares traded shown In brackets In lots of 1,000 units unless otherwise specified. m All Time Settlement Contracts are quoted after the word' sett Big
      1,738 words
    • 117 10 4 1/2* 1/8/80 (250,000) (***** 99.325) 4 3/4% 15/9/80 (2504)00) (99 528 99 006) 5% 15/4/81 (250.000) (***** *****) 5* T r 1/5/83 (250.000) (100 JOB *****6) 5 3/4% T F 15/8/81-84 (250.000) (102.306) 5% 13/11/84 (250.000) (100.008 *****S) 7% 15/4/85 (250.000) (IOOJOB *****8) 7% 1/8/85 (250.000) (100
      117 words
  • 150 10 HNGAF04UC UNIT TBU8T (M 1 prim i tor Pel »«> The Commerce 2 26 2.40 The Saving Fund 1.41 150 S pore Prof Fund 100 l.K S pore Sec Fund 1J« IS S'pore Invest Fund 130 138 AHA UNIT 1 IBUK (Mingm' frtea tar FW h«) Ma) Invest
    150 words
  • 2649 10 1978/78 Last or i Div Div ur rw nci P/E Vol Day High Low Company Sale or- CVr COOO) High Low SECTION ONE INDUSTRIALS 272 132 Ac ma 223 3 12.0N 11 55 245 2 225 223 190* 123* Alcom 185 10.0 2 5 5.4 117 178
    2,649 words
  • 1961 10 BID and offer prices officially Hated and business In and reported to the Kuala Lumpur Stock Exchange yesterday with the number of sharea traded shown in brackets in lots of 1,000 units unless otherwise specified. INDUSTRIAL* A Worn (1 MB 1 988). AMI Hold (1.138) A Chac
    1,961 words
  • 621 10 SHARE VALUES were praaed la geaerally erratic aai besltaat tradlag at the Stock irrrkaage ef SiiKfcptpf yesterday* Praflt-taklag arlslag frea mekeai Jitters was cited ae ike mala depreesaat; leases were, by aai large, margtaaJ la extoat, IMs Mag partly iae to ike shseaei
    621 words
  • 521 10 THE FIRST day of trading in the Year of the Ram started off erratically on the Kuala Lumpur stock market yesterday. However, share prices finished on a fairly steady note following the mark-up in prices on the Singapore stock market which began trading two
    521 words

  • COMPANY NEWS
    • 2239 11  -  By ARTHUR NG THE TIMES Publishing Group is in the process of diversifying into foreign markets and is also re-orga-nising its printing facilities. Disclosing this, chairman C.C. Tan said in his review of the group's prospects: "We have increased the momentum of diversification
      2,239 words
    • 305 11 THE ONGCO Digest, a monthly publication issued by brokers Ong and Company, reports that several attempts by sellers to bring the Stock Exchange of Singapore Index below its recent low of 291.99 have failed. In its January issue, the Digest states that as at
      305 words
    • 78 11 Malaysia Baikiiag Society Bbd: EOGM to be held at the Board Room, 3rd Floor, Bangunan MBSB, 13/15 Leboh Ampang, Kuala Lumpur at 12 noon on Feb. 7. Malaysia* Tsbaee* Company Bhd: AGM to be held at 178-3 Jalan Sungei Besi. Kuala Lumpur at 11.30 am on Feb 7.
      78 words
    • 598 11 IMPROVED SALES receipts were recorded at Temerloh Rubber Estates for the six months ended Oct 31, 1978 owing to better commodity prices during this period. Pre-tax profits was estimated at $1.29 million, up 28 per cent. Sales came to $2.66 million, an increase of 26 per
      598 words
    • 196 11 uacsoa by HOCK LOCK SIEW THE COMPUTERISED ceatraJ eleariag system rsmmlsslsari by the Stick Exchaage ef Btagapere (SES) m Hmraday kas beea ksldlag if the paper week, meek to the ikigria sf krekers, rwnlstnn aad trading etorka, aa tarvttakle rafleettoa sf the toetklag ptsMeam eaterglag. It
      by HOCK LOCK SIEW  -  196 words
    • 296 11 is gradu- ally coming into the focus of the spectacle maker at MONFAIR OPTICAL which yesterday reported the purchase of yet another 121,000 shares in Malayan Credit just before the Chinese New Year weekend. But those suffering from myopia, presbyopia and all the abberrations of the eyeball will
      296 words
    • 159 11 have evidently given their tacit approval for the company's development of the John Little site, if the success of its rights issue can be used as a guide. According to its merchant bankers, Jardine Fleming (Singapore) and Standard Chartered Merchant Bank Asia, the recent rights issue
      159 words
    • 213 11 Current Ex Book* Date Total for Total for Payment Date Close Payable the year Previous year CCM 30* Dec 19 Dec 29 Feb 5 50* 42.5* M Cement 12.5*<n) Dec 10 Jan 11 Feb 8 im 20* BAT 17* Jan 22 Jan 28 Feb 10 17* Shangri-La 8*1
      213 words
    • 108 11 Company Particulars Ex Date Books Close C AC Bonus Issue of 1 for 2 Feb 2 Feb 9 MBS Rights Issue of 1 for 2 $2.00 per share Feb 7 Feb 19 8TP (197S) Bonus Issue of 1 for 3 Feb 13 Feb 20 P. Products Bonus Issue
      108 words
  • Page 11 Advertisements
    • 46 11 WteHTM WNSM T I i.i ss^ V J *S "2? vi. f i VSfe rr a::.- i rnr'm =5 4 1 98 B~ Il *TB 32P' :.sa toss i lw MS ISP* ssi-!;SS 2SS iasr=l g -V-. I w V, -> ai. 3 fe M V II
      46 words

  • 203 12 Reuter THE emphasis in international discussions on commodities is shifting away from means of stabilising prices towards means of stabilising the export earnings of Third World nations, Allan Wendt, director of the US State Department's Office of International Commodities, said. He told a UN
    Reuter  -  203 words
  • 1039 12  -  By DILIP MUKERJEE EUROPEAN Economic Commission experts are now going round Asean countries to "upgrade" the 200 proposals for industrial colloboration which have been put forward by Asean governments for discussion at the EEC-Asean conference on industrial cooperation to be held in Jakarta at
    1,039 words
  • 333 12 THE CONFLICT in Kampuchea implies two things for South-east Asia. The first is that the Chinese are still associated with communist activists in the region, and the second is that the Red cold war has been brought into this part of the
    333 words
  • 120 12 STREAMLINING at Times Printers Sdn Bhd in Thomson Road will mean retrenchment for 182 of its workers on Feb 15. Its group general manager, Mr S.K. Battacharya, said yesterday that adverse trading conditions over the past three years necessitated the reorganisation. He added that another 70
    120 words
  • 35 12 UPI, IRANIAN Prime Minister Shahpur Bahktiar said he has no intention of resigning from power and that he is not impressed by the insults and "howling" of Ayatollah Khomeini's supporters.— upi f
    UPI,  -  35 words
  • 778 12 LONDON, Fri. The market closed quietly mixed today, dealers said, and at 3 pm the Financial Times index was 0.1 lower at 468.4. Government bonds fell up to 1/2 point following the rise in the weekly Treasury bill rate but picked up 1/8 point before the close, dealers
    778 words
  • 383 12 AFP THE Third World's battle for a bigger slice of the economic cake resumes in earnest in Arusha (northern Tanzania) on Monday when representatives of 115 developing nations who make up the Group of 77 begin a two-week conference. In that
    AFP  -  383 words
  • 177 12 AFP ADVANCED countries were rapped at the United Nations in New York yesterday for failing to meet their target for aid to developing nations. The economic committee of the "North-South dialogue" said that in general, the richer countries failed to reach 0.7 per cent of
    AFP  -  177 words
  • 249 12 NEW tower air fares beUsftted States were aaBAiaeed yesterday by Asstrallas Traaspert Minister Peter Nlxaa. The new sff-peak Met»ane to Bmm Fraaeteee retera (are will eset ASTN (sheet SIMM), a saving sf ffl-M. Mr Nlxsa saM the aew lares weaM slgnlfleaatty rednee US fares for
    249 words
  • 323 12  -  BATHE OF THE VOTES By MARGARET THOMAS "MANA BOLEH lupa, bilah petir memanchar, kepala pechah". (How to forget, when lightning strikes, heads are split asunder.) So pantuned the Malay village elder with a warm toothless smile in reply to PAP Sembawang candidate Dr.
    323 words
  • 367 12 "I OFFER myself as a credible, responsible and constructive opposition." This statement by the Independent candidate for Potong Pasir, Mr Chiam See Tong, at his first election rally last night in Toa Payoh drew loud applause from the crowd erf well over 1,000. Speaking in
    367 words
  • Page 12 Advertisements
    • 318 12 w 4* w a 1 re M 'Probably the best espionage novel ever written.' Richard H Growald, UP! 'A major litarary event... a marvellous tale of spies and intrigue spun with intricate skill by a master story-teller. A must.' PL A YBOY 'As fine a novel as he has ever
      318 words
  • Page 12 Miscellaneous
    • 136 12 Outlook for Singapore from 6 a.m. to noon today: No rain. The present dry phase of the North-east Monsoon which has brought very low rainfaii to Singapore during the last two weeks is expected to persist. Singapre is therefore likely to be affected by dry conditions during the next one
      136 words

  • LEISURE TIMES
    • 196 13 r EXECUTIVE FiSHIOI TAILORING a salt has taken an fatartotle prspartlsae. Salts can new be made of pswdered fibres which are pat lata a "maaM" aad petard tarts shape. "Bat ttasagh we have net untaxed lata this still new and expensive area," said
      196 words
    • 834 13  -  By BERNADINE MORRIS NYT. BILL BLASS developed a raft of new necklines. Calvin Klein designed some new satin shirts. What makes these design forays notable is the fact that the clothes were for men. Men's fashions are inching up to the territory long occupied by women's styles. The
      NYT.  -  834 words
    • 572 13  -  nmn MOW* By TERESA LIM CHINESE food is encumbered by all sorts of symbols during tbe Chinese New Year season more so than at any other time. And, because today, the seventh day on the new lunar calender, is particularly special since it is celebrated
      572 words
    • 1377 14  -  PERSONAL FIHAHCE ...Insnrance By JOHN TAN INSURANCE companies have been accused of overcharging the policy-holder, of setting their rates so high that they are assured of a big profit for themselves. Some potential buyers also feel that because premium rates are so high, they would
      1,377 words
    • 290 14 IMPECCABLE deeceat from the great viaes sf Earope is one sf the sare assets sf the wlaes aew made la Australia. From the first plaatiags la 1788, whea the British first celeaised the giaat islaad coatiaeat ea the site of what is aew Sydaey, only the
      290 words
    • 795 16  -  ■OTORII6 with Hermes THE GRANADA, introduced late last year, is unquestionably the best Ford ever offered in this part of the world. Both the engine and body have been designed by the German subsidiary of Ford and though the car is
      795 words
    • 851 16  -  DESTIMTION with Tsang San Tin A LONG, lazy form settles itself comfortably on top of a high boulder and once stilled, is a fascinating silhouette against the setting sun. After a long while, the head moves back and the animal yawns
      851 words
    • 736 16  -  PHOTOGRAPH By COLIN CHEE TWO WEEKS ago we looked at the types of cameras available on the market today, and which to buy. The choice narrowed down to the small viewflnder camera and the single lens reflex camera, known as the 35mm SLR. These are more popular
      736 words
    • 1634 16  -  in our introductory piece for Leisure Times, we mention- ed a certain fascination with piranha rearing one of our readers, RICK TAN, has ten in to oblige Here are cences on man-eating monsters he kept as pets when he was a boy. PATRICK
      1,634 words
  • Page 13 Advertisements
    • 41 13 SHIPPING TIMES If ysa are t* skipping, sr vtrtully My trade, yea aeed Skipping Times. Published five times a week wttk Basiaees Times, It keeps yea ap to date ea skips, psrts aad skipping kaslaess. Make sare yea get year ©•py-
      41 words
    • 354 13 mm Case fer licensing property manager5........................Page II Revival ii demand fer leeal he -m in Fascinating fish thai eats its dinner fa&4........................rv Where elephants drink and bathe in peace JV FOR AU PARENTS \-SJT 1 Learning Through Play is a 1 book chock full of ideas for simple games, activities
      354 words
  • Page 13 Miscellaneous
    • 889 13 WHAT WHERE s FILM SHOWS THE NATIONAL MUSEUM will show three colour films, each lasting about one hour, today at 10.45 am at its theatrette. The three films, shown by courtesy of the Royal Netherlands Embassy, will be Sailing, Den Hug Monument, and Elements Facing Elements. SUNDAY afternoon at the
      889 words

  • PROPERTY
    • 898 14  -  BUILDING SERVICES MORE COMPLEX By TSANG SAU YIN IN SINGAPORE where the professional practice and code of conduct of doctors, lawyers, architects, and other professionals are regulated and there is even a proposal to license contractors, it appears strange that property managers who need
      898 words
    • 426 14 IN A BELIEF that a borne should be a convenient refuge from the stress of dally work, a property company has embarked on a scheme to provide such an environment. Property company Tanglin Studio Pte Ltd has begun work on a 17-ctorey apartment
      426 words
    • 1014 15  -  By TEO TECK WENG RESIDENTIAL property is likely to become once again the most fashionable investment commodity this year. Rental levels (or accommodation in the popular residential districts of 9, 10 and 11 have climbed some 10 to 20 per cent over the last few
      1,014 words
    • 304 15 CLOSING DATES far the sabmlsstoa of teaders ia the seveath Urban Redevetopmeat Aatherity (USA) •ale of sites programme have been extended. The eMag date far the sabmiastoa of teaders far Laad parcels 1 to 15 (all sites aa mala tslaad) to aaw exteaded tram Feb. 21
      304 words
    • 447 15 PARKLANE Shopping Mall has a well-timed windfall in the shape of the government's redevelopment of land along Orchard, right down to Dhoby Ghaut and Selegte Road. Located in a sector which may become an integral part of the "golden tourist belt", the $20 million
      447 words
  • Page 14 Advertisements
    • 384 14 This Month's New Penguins The Sixth Sanaa: Rosalind Haywood The Sixth Santa is the record of man's investigation of his mysterious sixth sense, dating from the foundation of the Society for Psychical Research. A classic in the Study of ESP phenomena. 'A most ramarkabla, comprehensive and stimulating book' The Times
      384 words

  • Page 15 Advertisements
    • 64 15 DWT. CAMNHNJ. QAROEN 3 bedrooms with bathrooms attached, one bif living room and dining room. Fully furnished U* sate Or ret* tUM pm. Mfh «w. Contact: *****1. for construction of warehouses at any districts. EXECUTIVE APARTMENTS M DMTMCT I. Fully furnished, central alrcond, swimming pool. Each floor 1 flat; 3
      64 words
    • 249 15 !<%^;+:|]/(&^&*-}{,%];*/,'=[,:' Richard Ellis CH.wuhams Loh(Pte) Ltd I (11 •rn,ttKi n I Pf O rtyC n n su 11 an < FACTORIES/SITES: Aljunied Road Mm: $10 mil Hon Upper Thomson Road Ana 3000 lo MOOOm' Mm: $170 to $<40/111* Market Street New 10* storey office building Entire floors only-HO/MOm 1 Rental:
      249 words
    • 266 15 _~=/>*]-/{`,^&?@_[*;.~_<<>:,_(* JONES LANG 'A V V 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 Q5 sq. m. with only two whole floors of
      266 words

  • Page 16 Advertisements
    • 340 16 The ILIFE] Library Of Photography helps you to see great picture possibilities -all around you... The Life Library Of Photography Each volume measures 10'/* x 10'/a inches (26x26 cm). Hard cover, silver stamped black cloth binding. 240 pages. Approximately 300 illustrations, many in lull colour. So many outstanding photographs are
      340 words