The Business Times, 3 March 1979
1979-03-03
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The Business Times
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Title Section10 1979-03-03 1 BUSINESS TIMES M.C.(P> No. m/l/n SATURDAY, MARCH 3,1179 50 CENTS10 words
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BRIEFLY...
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Article34 1979-03-03 1 Reuter MANILA, Fri— A permanent EEC delegation to Asean may be established in Bangkok this year, EEC commission Vice President Wolfgang Ernst told the European Chamber of Commerce of the Philippines.— ReuterReuter - 34 words
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Article29 1979-03-03 1 Reuter LONDON, Fri.— Prince Charles left today for Hongkong on the first leg of a five-week tour round the world, taking in Singapore, Australia and Canada.— ReuterReuter - 29 words
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Article64 1979-03-03 1 AP BANGKOK, Fri. Vietnam warned Thailand that it was "endangering itself" by assisting China in ''committing crimes against the Indochinese people." The official Radio Hanoi, quoting the communist party newspaper Nhan Dan, claimed that China has been using Thai territory and waters to supply remnants of the toppledAP - 64 words
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Article112 1979-03-03 1 AP Reuter MOSCOW, Fri. Soviet President Leonid Brezhnev called on China today to halt immediately its invasion of Vietnam and withdraw its troops "to the last soldier." In what Western analysts found to be a surprisingly moderate speech, Mr. Brezhnev repeated that the Soviet Union wouldAP; Reuter - 112 words
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Article68 1979-03-03 1 AFP PARIS, Fri. The 20 member countries of the International Energy Agency (lEA) today agreed on measures to cut back their oil consumption by about 5 per cent, to avert a new energy crisis as a result of the current supply shortfall. The United States, West Germany,AFP - 68 words
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Article64 1979-03-03 1 Reuter JAKARTA, Fri. Indonesia will not increase its oil export prices ahead of schedule following the examples set by Kuwait and Venezuela, Minister for Mines and Energy Subroto said. Although Indonesia has to pay more for her oil imports from Kuwait, this country will honour commitments alreadyReuter - 64 words
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Article50 1979-03-03 1 AP NEW YORK, Fri. The stock marketextended Thursday's rally with a broad advance yesterday. Gainers outnumbered losers by a 2-1 margin in the early tally of New York Stock Exchangelisted issues. The Dow Jones average of 30 industrials rose .77 to 816.61 in the first half hour. APAP - 50 words
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Chief Price Changes
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Article140 1979-03-03 1 Rises Malayan Tin 1300 20 Aver Milam Tin 1170 10 O C B C 790 10 Kuala Sidim 265 10 Guthrie 155 9 Dunlop Kst 390 6 High 1 Uw 358 6 Sin Chew 338 6 Ol'B 334 6 L' 1 C 299 6 M Hanking 615 5 Straits140 words
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Article, Illustration145 1979-03-03 1 Rises Slh Mai Tin 1160 70 A Hi Mm Tin 1190 30 SEA Corp 720 15 OCBC 795 10 W Jacks 129 09 Sol Diedge 404 08 D A C 346 06 DBS 458 06 Guinness 505 06 Falls Castlefield 1150 -80 Kempas 410 -08 Ajinomoto 265 -05145 words
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Article879 1979-03-03 1 JOHN TAN - INSURANCE BOON By JOHN TAN Economics Correspondent LIFE INSURANCE will be available to most Singaporeans at very cheap rates when the Central Prdvident Fund implements its insurance scheme for members. Industry experts predicted that the board would be able to realise substantial savings in actuarial879 words
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Article192 1979-03-03 1 FORMER Haw Par Brothers International chair- man, Richard Tarling, 44, is to be returned to Singapore to face trial, British Home Secretary Merlyn Rees decided yesterday. In turning down Tarling's second and final petition against the extradition order, Mr. Rees declared that "after reviewing the whole192 words
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647 1979-03-03 1 RONNIE LIM - By RONNIE LIM NEW ZEALAND'S third largest meat exporter, R and W Hellaby, is planning a joint-venture meat processing project in Singapore with a local food processing company, the group general manager, John Dotchin, said. A feasibility study for the Singapore plant647 words
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289 1979-03-03 1 THE DEVELOPMENT Baak of Singapore yesterday revealed a set af sparkling results which certainly pat It a clam abave the ether hanks la the ladastry. Greap net earnings grew at 4 phenomenal M.2 per eeat ta $37.1 million, while the hank Itself289 words
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532 1979-03-03 1 QUEK PECK LIM - By QUEK PECK LIM Financial Correspondent EVEN before the ink has dried on its new offer, Sime Darby Holdings has secured a major victory in its takeover bid for Guthrie Corporation. In the teeth of determined opposition from the Guthrie board532 words
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Page 1 Advertisements
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Advertisement10 1979-03-03 1 Bi.; ismcss SINGAPORE BUSINESS The Business Magazine SEE BACK PAGE10 words
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Advertisement108 1979-03-03 1 XXr OAMe dtrrn YOU TOWN? £5 I n t y> >» ruLl -v> m h Jr^liiMEYOUOtUE lb BWWEST. Chances are that at Pan-West we have just the right equpment to help improve your game At Pan-West we stock the finest range of top quality golf mg equpment Confidence. Honma. Lynx108 words
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Advertisement22 1979-03-03 1 [;"`^@_%_}$`\\@^/::'-><>```=!+} LEISURE TIMES MENOPAD t, CROSSWORDS S, AIRCRAFT SCHEDULE I, TV A RADIO t, STRAWS IN THE WIND 1, FOREX I, SHARES li22 words
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Advertisement196 1979-03-03 1 COPIES ANYTHING FITS ON 4 TABLE TOP. MINOLTA EP-1 Third Quarter 1978 ASEAN Business Quarterly The latest issue of the ASEAN Business Quarterly concentrates on some of the reasons why intra-ASEAN trade and industrial projects are having difficulty in getting off the ground. Professor Lim Chong Yah of Singapore University196 words
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TRADE AND INDUSTRY
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Article, Illustration118 1979-03-03 2 MARINE SYSTEMS has been appointed exclusive distributor for Cobia Boat Company of Florida. The first shipment of Cobia Boats will be arriving early this month and will be unveiled for public viewing at a boat show jointly organised by Marine Systems and the Metro Group of companies118 words
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Article434 1979-03-03 2 COURSES AND TALKS Feb 5-Apr 14: Diploma in Life Insurance, SITC, SITC Feb 17-Mar 3: Marketing for the secretary, SIM, SIM Mar 1-31: International Labour Organisation residential course, RELC, ILO of Singapore. Mar 5-23: Port Administration and Operation Course, PSA Conference Hall, PSA Mar 19-20: Communications for Effective434 words
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Article, Illustration688 1979-03-03 2 TEO TECK WENG - By TEO TECK WENG THE WORLD S biggest dispenser of meals will soon begin its fast food business here. McDonald's Corporation hopes to introduce its famous hamburgers in Singapore by mid-year. It has got several sites for restaurants and drivethrough eating places. The fast food giant688 words
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Article, Illustration340 1979-03-03 2 PROMET Pte Ltd launched a fX million jack-ap derrick barge claimed to be the mast sophisticated ever built in this region at its Jnrong yard yeaterday. The vessel, dae to be delivered to its owners, National Petroleam Construction Company of Aba Dhabi in April, is specially340 words
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400 1979-03-03 2 THE FORMATION of large group practices may enable local architects in the private sector in overcoming the problem of under-em-ployment, and meet the increasingly exacting demands of a growing band of enlightened developers. The Singapore Institute of Architects (SLA), made the comment in the400 words
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200 1979-03-03 2 THE INDUSTRIAL Training Board (1TB) will ensure that there will be enough skilled workers to meet the future demands of the precision machining and tool and die making trades. Towards this end, it will establish advanced training facilities in the immediate future, said200 words
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Article, Illustration410 1979-03-03 2 MR GREG Pfuaaer joined Ted Bates as creative directed early this year. Greg has had a very broad experience in the creative area, working with advertising agencies in the UK, South Africa and Australia. Prior to joining Bates, he was copy chief at Grant,' Kenyon, Eckhardt. Singapore,410 words
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Article, Illustration241 1979-03-03 2 THE NEW managing director of Scan Dutch, Copenhagen, Mr. Erik Petersen, will arrive here today for a three-day visit. Accompanied by his predecessor, Mr. Borge Rathje, who retired at the end of last year, Mr. Petersen is on an extensive visit to the Scan Dutch agencies241 words
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Article149 1979-03-03 2 THERE will be a new network of roads connecting the East Coast area to Changi Point, Kuala Loyang, Tampines and Pasir Ris soon, i The Public Works Department (PWD), is extending New upper Changi road from the junction at Bedok Road to meet Soma pah Road. The149 words
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189 1979-03-03 2 CONSTRUCTION work on a SlO-million cold store complex for the Port of Singapore Authority started yesterday. The cold store facility is at Keppel Wharves, situated in a prime area inside the free trade zone. It is also close to the ocean-going berths at189 words
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Page 2 Advertisements
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Advertisement148 1979-03-03 2 i dDOo Study with the UNIVERSITY PREPARATORY SCHOOL I TORONTO, ONTARIO UPS specialises in preparing overseas students for Grade 12 and 13 Examinations leading to entry to Universities and Colleges in Canada and USI UPS is registered with the On stry of Education and its Credit and Diploma col e148 words
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Advertisement177 1979-03-03 2 OfFICIAL NOTICE PROPOSAL TO CHANGE OF SHIP'S NAME We, Merllon Shipping Agency Pte Ltd of 1102-A Marina House, 70 Shenton Way, Singapore 2, hereby give notice that in consequence of the Intended purchase of the vessel "FREMANTLE STAR" by our Principals, Caxton Maritime Enterprises Corporation, 80 Broad Street, Monrovia, Liberia,177 words
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REGIONAL
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607 1979-03-03 3 THE LEVEL of technology transfer from Japan to Malaysia can be greatly enhanced if 'the receivers adopt the right attitude towards technological progress, Japanese industrialist S. Morikawa claimed. He said Malaysian workers would have to develop technological consciousness so that the economy at large can gain607 words
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Article, Illustration495 1979-03-03 3 A NEW method of moulding plastic and glass, with widespread industrial application, has been developed in Australia. The firm that develops machinery (or the new process claims it will lead to dramatic reduction in the cost of production. More than 30 patents have beenSource: AIS photo - 495 words
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Article, Illustration151 1979-03-03 3 Reuter CHINESE Cwnffluist Party Chairman Haa Kno-feng has Invited Egyptian President Anwar Sadat to visit China "at a time convenient to him", the New China News Agency reported. The agency said the invitation was made by Mr Hua daring his meeting with Hassan Mohamed ElReuter; Source: UPI photo - 151 words
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401 1979-03-03 3 THE MALAYSIAN agricultural sector used a total of M 5123.5 million worth of pesticides in crop protection last year, the Malaysian Association of Chemical Associations revealed in a report this week. Of the amount, herbicides worth $100 million formed the most important group of401 words
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253 1979-03-03 3 THE MALAYSIAN Ministry of-Ener-gy, Telecommunications and Post is consulting the Treasury and other government agencies about the possibility of subsidising electricity costs borne by industrial and commercial users. The minister, Mr Leo Moggie, said this on Thursday when asked to comment on a memorandum253 words
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Article171 1979-03-03 3 AFP AN ASEAN working group on food waste processing, set up in Bali at last month's ninth session of the Asean sub-committee on protein, is scheduled to hold its first meeting from April 16-18 in Kuala Lumpur, it was reported in Jakarta onAFP - 171 words
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Article73 1979-03-03 3 MALAYSIAN Deputy Prime Minister Datuk Mahathir Mohamad will lead a Malaysian investment promotion mission to Europe from April 15 to 29. a Malaysian Industrial Development Authority (Mida) spokesman said. The mission will include Mida chairman Datuk Jamil Jan as deputy mission leader and senior officials from Mida.73 words
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498 1979-03-03 3 UPI THE US and China signed an agreement yesterday to unfreeze assets seized by both countries after the communist revolution, overcoming the single biggest obstacle to full economic relations between the two nations. At a hastily arranged initialling ceremony at Peking airport, minutes beforeUPI - 498 words
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Article698 1979-03-03 3 Reuter SCORES OF disputed islands and rocks in the South China Sea are being seen as potential flashpoints of bigpower rivalry if the Si noVietnam border war expands into new areas. The islands could be the focal point of Soviet naval intervention if Moscow decidesReuter - 698 words
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Page 3 Advertisements
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Advertisement92 1979-03-03 3 m fj Earl Nightingale 'Lead the Field' Seminars featuring audio-visual presentation and group interaction in 12 mind-expandmg sessions Thay will motivate you to ©Achieve top-paying jobs •Spot profitable opportunities •Act on money-making ideas •Guide your own destiny With Action-Prompters: simple actions for quick results Progress Monitors: to gauge your achievements92 words
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Advertisement23 1979-03-03 3 PARTNERSHIP FOR GROWTH i TM 3-10 MARCH 1070 JAKARTA FMR GROUND JAKARTA MDONESU unv rTB« to nvuno «r tw i CONMtTAMCTffMGM- IlKark Ml23 words
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Page 3 Miscellaneous
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Miscellaneous603 1979-03-03 3 TWO-IB-CEYPTIC PUZZLE ACROSS 1 Fibres woven into garments (6) 7 Hero, sick, in pain (8) 8 One way to get £50 (4) 10 Keen type, yet able to laze (6) 11 A press, perhaps, that's not very generous (6) 14 The place Jim mentioned (3) 16 Many a president's preferences603 words
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RAW MATERIALS
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570 1979-03-03 4 Reuter THE US yesterday tabled proposals for a possible copper price stabilisation agreement, built around a reserve buffer stock of at least one million tonnes. US delegate Richard Ogden presented the proposals to a 40-nation meeting, attended by leading copper mining and consuming countries.Reuter - 570 words
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Article347 1979-03-03 4 MALAYSIA'S OIL palm crops are well up to expectations for the time of year, with no sign of a recurrence of the severe shortfall which hit supplies of crude palm oil at the end of 1977 and in the first four months of last year. Although347 words
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Article143 1979-03-03 4 Reuter PENINSULAR Malaysian rubber experts rose to 139,799 tonnes in December from 115,32$ tonnes in November and 138,997 tonnes in December 19T7, Statistics Depart* ment figures show. This brought the 1978 figures to 1.54 million tonnes from 1.58 million a year earlier. Export breakdown for December showedReuter - 143 words
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Article230 1979-03-03 4 THE SINGAPORE rubber market yesterday closed easier with March One RSS buyers quoted at 249.00 cents per kilo, down 4.75 cents on Thursday's close. Prices fell a further one cent during the afternoon trading on continued long liquidation, forwards offering and lack of Chinese acceptances, dealers said. The morning230 words
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Article389 1979-03-03 4 Prices In cents per kilo yesterday: Noon Close (per kilo) (per kilo) Buyers Sellers Buyers Sellers Int. 1 R.S.S. prompt f o b. 249.75 250.75N 248.00 249 OON Int. 1 R.S.S March 250 50 251.00 248 00 249.50 Int. 1 R.S.S. April 251.50 252.00 250 00 250 50389 words
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Article103 1979-03-03 4 \< M »K nml SMH pn»t^ vrHerdiv. HAS Muck April (Cvrreil Mthl (Forward Mtk) Buyers Sellers Bayers Seller* »l< Jm 1 l«« |Nillr1 1 J4Mi» 24.V*JI>N .'44(H) 246.Q0N SSW 1 -l«4V *«Mat 242«ON ***** 24.100N MNKI.H SMH<Y 1 fu<i |M< lef 1 KT.iUN 258.UUN SMK M. «l103 words
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Article73 1979-03-03 4 C.I.F North European ports, in US dollars per ton unless otherwise stated LONDON: Thurs Previous Malaysian 5Hffa bulk per tonne April unch 699slr Sumatra 5* f fa bulk February unch 720pd March 720slr 720pd April 710slr 710pd May 697' sir 692 pd June 692'sir TOOslr July unch 685/69273 words
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411 1979-03-03 4 ERRATIC and see-saw conditions were experienced in an active week filled with a variety of news items, but after fluctuating uncertainly within a seven-cent range, prices finished off about unchanged from the start, said HetMay, Catler, Bath Cm. in its review of the Singapore and411 words
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Article344 1979-03-03 4 PRICES held generally steady in very quiet and featureless grading at the Singapore produce market yesterday. Dealers were still noncommital in the absence of foreign buying support. This applied to coffee beans and pepper, prices of which were still much higher than those prevailing in the American and344 words
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Article75 1979-03-03 4 WHEAT futures in Chicago on Thursday finished with gains of 8 1 j to two US cents a bushel after a session characterised by a lack of offerings. Analysts traced the gains to the tight supplies of soft red wheat and the lack of overnight wheat delivery notices. Professionals,75 words
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762 1979-03-03 4 THE Soviet Union will have to continue importing sizeable amounts of grain even though Moscow's latest five year plan calls for self-suffi-ciency by 1985, says 4 CIA research paper released on Tuesday. Complicating Soviet planning, is the pressing demand for expansion of762 words
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Article70 1979-03-03 4 THE STRAITS tin price in Penang yesterday strengthened another Ms 4 to 11,925 per picul, to stand $225 ringgit above the International Tin Agreement ceiling, dealers said. The firmness continued to reflect strong Japanese and European demand, prompted by the steadier conditions in London market on Thursday. Total70 words
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Article30 1979-03-03 4 Rubber: March 2 Singapore: March: 249.00 cents (down 4.75 cents) Malaysia: March 253.00 cents (down 3.50 cents) tin: $1,925 (up $4) Official offering: 177 tonnes (up 27 tonnes)30 words
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Article136 1979-03-03 4 TRADING on the sugar futures market yesterday remained quiet with 10 lots traded against none on Thursday, dealers said. Nearby May closed at 7.90/8.69 US cents against Thursday's 8.80/90 close with the distant January at 9.58/70 against 9.50/75 close. Sugar future* closing price*: Ctaslag hiiwi Ch*| May 790136 words
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Article197 1979-03-03 4 YARN and cotton prices were quoted as follows in Hongkong yesterday: (In HK dollars, spot ex-godown) CattM yam: China Blue Phoenix 20s 2,370: 32s 2.910; 40s 3.100 (per bale of 400 lbs). Ptoee in*: China Butterfly and Globe.brand unq; Dragon Head unq; Five Lambs unq: Flower and Butterfly unq;197 words
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Article692 1979-03-03 4 OILSEEDS: Brokers reported featureless oils and oilseeds markets yesterday. Among edible oils, they reported increased selling interest in crude soybean oil and crude palm oil at around Thursday's closing levels but buyers were not keen to give support. Soybeans were also neglected. Overnight activity in US coconut oil692 words
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Article296 1979-03-03 4 SINGAPORE: Yesterday's closing prices in S$ per kilo, ex-godown: THAI WHITE: 100 pel fint class (Kangaroo) new crop 0.95, 100 pet second class O.K. 100 pet third class 0.83. 25 pet new crop no stock, B-10 pet 0.75. THAI BROKEN: A super 0.62. Special 0.56. THAI RICE. 55 pet296 words
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381 1979-03-03 4 Reuter CHINA'S imports of wheat and corn during the 1978/79 marketing year are projected at a record 12.2 million tonnes, up nearly 45 per cent from the 8.6 million imported in 1977/78. In a field report from Hongkong, the USDA said the United States isReuter - 381 words
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Article74 1979-03-03 4 Reuter CHINA'S cotton imports during the 1978/79 season are tentatively estimated at around 2.5 million bales, 25 per cent above the last season's 2 million. The US Agriculture Department in a field report from Hongkong, said some trade sources are projecting imports as high as 3Reuter - 74 words
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Page 4 Advertisements
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Advertisement116 1979-03-03 4 The Love of ,ne ooking V \iT| J? -*-V v/ y'l\ > Kenneth Lo, the wek-hnown CMmm ooohery writer, Introducoe the mdw to the technlquee af Chlneee cooking, and gfvee an Inetght Into tfMlr unique way of eating. Beginning with simple ana> •oupe to daaaarta, giving the oook a wider116 words
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831 1979-03-03 5 ARRIVALS Service Local Operator Number Time v From SIA SQ913 0015 HKG SIA BA SQ BAI7 0700 LHR BAH MAS MH601 0700 KUL MAS MH682 0725 KCH SIA SQI01 0615 KUL MAS MH607 0845 KUL MAS MH671 0945 PEN KUL CAL CI806 1000 HLP CPA CX710831 words
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731 1979-03-03 5 NYT THE US government index designed to forecast future economic trends, posted its third consecutive monthly drop in January, providing a strong signal of a possible economic turndown. The January decline of 1.2 per cent in the index of leading indicators was theNYT - 731 words
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Article172 1979-03-03 5 Reuter TROUBLED by sluggish sales and huge inventories, two of the nation's largest car makers said they would halt ear prodnetion for short periods later this month. The Ford Motor Company said it will shut down production at two plants next week, Idling workers. Third-ranked Chrysler Corporation saidReuter - 172 words
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Article80 1979-03-03 5 UPI ITALIAN Premier-desig-nate, Mr Ugo La Malfa made, a final and near hopeless attempt yesterday to bring the rival Christian Democratic and Communist parties together. Mr La Malfa, 75, leader of the tiny Republican Party, scheduled his last round of talks with the two big parties.UPI - 80 words
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Article, Illustration422 1979-03-03 5 EXPECTED ARRIVALS TODAY KEPPEL WHARVES Dong Kwang (after Eastern Prosper) 19 Golden Eagle (0600 after Temburong and King River hauls) 23 Kota Rukun (0700 after Kota Mewah) 10 11 Nedlloyd Algoa (1600 after Nedlloyd Rio) 3 4 Nedlloyd Willemskerk (1300 after Fortune Mariner sails and Makhtum Kuli)422 words
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Article270 1979-03-03 5 THREE US Navy warships are being sent through the Suez Canal to the Indian Ocean on Thursday, another sign that the United States intends to maintain a continuing military presence in that region to reassure friendly countries concerned about the political upheaval in Iran.270 words
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Article254 1979-03-03 5 AP US intelligence personnel have removed or destroyed highly sensitive equipment from a secret American installation in Iran near the Soviet border, US officials said on Thursday. According to the officials, who asked not to be identified, the US authorities in Iran reached the conclusion thatAP - 254 words
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Article156 1979-03-03 5 UPI THE FAR East remained poorly represented in a very quiet day's fixing. The only confirmed business in that area was the Shinwa booking of the Freedom-type vessel, A krata. at U553.300 a day for a March 10-14 trip from south Japan to the UK or Continent. OnUPI - 156 words
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Article396 1979-03-03 5 NYT AMERICANS are increasingly critical of President Carter's handling of foreign policy, but most of them oppose the use of American troops to settle international disputes, according to the latest sampling of the New York Times-CBS news poll. At a time when a new Congress isNYT - 396 words
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WORLD IN BRIEF
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Article464 1979-03-03 5 Agencies THE UNITED States has rejected a Saudi Arabian bid to buy the Lance ground-to-ground missile, government sources said. The Saadis were also given no immediate encouragement when they expressed interest in* obtaining a new anti-aircraft missile called the Stinger which can be carried and firedAgencies - 464 words
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Page 5 Advertisements
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Advertisement320 1979-03-03 5 rs ST i£ Graham Greene The Human Factor^ I < 'Probably the best espionage novel ever written.' Richard H Groweld, UP! A major literary event... a marvellous tale of spies and intrigue spun with intricate skill by a master story-teller. A must.' pla ybo Y As fine a novel as320 words
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Article380 1979-03-03 6 THERE CAN no longer be any doubt about it WAR has been declared. Plans to beef up the frozen troops on the frying-line have been revealed, and we consumers can but watch with mounting trepidation, with growing indigestion, as the battle for our taste-buds, for our380 words
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Article288 1979-03-03 6 MORE FOREIGN companies are showing interest in establishing joint venture operations in Singapore. This time, the interest comes not from the traditional partners of the West Europe and the US nor does it come from the developed countries of the East, led by Japan. It288 words
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Article, Illustration1301 1979-03-03 6 There are already more than 50,000 refugees in Malaysia, with about the same number in Thailand and nearly 5,000 in Manila. And more are on the way because it doesn't seem as if the flow of these people will stop as they bribe VietnameseReuter - 1,301 words
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Page 6 Advertisements
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Advertisement147 1979-03-03 6 7/ is 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 HOTEL147 words
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Advertisement19 1979-03-03 6 EXECUTIVE CHEF: LEO WALDMEIER: MAITRE D'HOTEL: WILLIAM TAN. SINGAPORE HILTON 2ND FLOOR for reservations ring *****3 extn 2536 I19 words
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Page 6 Miscellaneous
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Miscellaneous34 1979-03-03 6 BllStcW ifteofcDticteas So Xvs is Sumpyz or TUP Mouse JouRNPU.. LETS S£€_ U3HPvT urne Gems "fcxj've FOOTED RDR OS Time TMomPsOJ, VAPO F* MPNNQ Tms, ne^ MCJU) D\D NCXJ Guess° To PR>tfT &v Mucnßefcs34 words
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Miscellaneous840 1979-03-03 6 RADIO A TOUCH OF ALAN LADD INSTEAD Newsreel taalght yea will get the drat part «f a report m the Amul Eftownic Sarvey of Singapore. (Part 2 will he given tomorrow night.) Brave, New World comes m at IMS of eoarse, it's a far cry (ram aaythlag that Haxley wrate840 words
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Article, Illustration2245 1979-03-03 7 did China suddenly plunge into a frenzy of modernisation, both in terms of diplomatic relations and economic industrialisation?, The motive for China's change of heart, writes Prof. Dwight Perkins, began with its decision that isolation from the US and Japan increased2,245 words
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Article381 1979-03-03 7 THERE IS A very simple solution to a very difficult problem pretend the problem does not exist. Or so it would seem from the headline to a story in the Feb 10 edition of Korea Newsreview The headline says: "Carter, Teng Reach No Korea Accord". Perhaps381 words
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759 1979-03-03 7 Leonard Silk - (FOROM r ...with Leonard Silk NYT GOTHIC economics, the dismal science at its most horrible, has been enjoying a growing vogue since the Iranian upheaval and the uprush of oil prices. But the trouble with gothie economics is that it doesn't tell you howNYT - 759 words
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Page 7 Advertisements
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Advertisement265 1979-03-03 7 m HOTtL MALAYSIA 40 Cuscaden Road, Singapore 9 tel. 372V11 THfc MANDARIN SINGAPORE 333 Orchard Road. Singapore 9 Tel:-*****1 THt MARCO POLO Tanglin Circus, Singapore 10 Tel: *****1 HOTLL MLRLIN SINGAPORE 7500 Beach Road. Singapore 7 Tel: *****11 MING COURT HOTtL Tanglin Road. Singapore 10 Tel: *****3 HOTLL NLGARA 15265 words
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Advertisement72 1979-03-03 7 ORCHID INN 214 Dunearn Road, Singapore 11 Tel: *****2 HOTEL PHOENIX SINGAPORE Orchard/Somerset Roads, Singapore 9 Tel: *****6 PENINSULA HOTEL Coleman Street, Singapore 6 Tel: *****1 RAFFLES HOTEL 1-3 Beach Road, Singapore 7 Tel: *****1/***** SHANGRI-LA HOTEL 22 Orange Grove Road, Singapore 10 Tel: *****4 SINGAPURA FORUM HOTEL 585, Orchard72 words
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INTERNATIONAL STOCKS
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Article279 1979-03-03 8 THE battle for control of National Airlines shifted into high gear on Wednesday when Texas International Airlines offered to acquire National in a deal involving cash and exchange of stock valued at about US$297 million. Texas International already holds 23.2 per cent, or 1.96 million279 words
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99 1979-03-03 8 AFP SUMITOMO Bank, Japan's third largest, said it would acquire all remaining stakes held by a local bank in a Hongkong-based joint subsidiary to put it under Sumitomo's full control. Sumitomo officials said the joint subsidiary was Sumitomo and East Asia Ltd., capitalized at US$3.AFP - 99 words
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124 1979-03-03 8 Reuter JAPAN'S All Nippon Airways (ANA) said it plans to buy about 30 airliners worth over 200 billion yen to gradually replace its Boeing fleet. The domestic airline said a committee has been instructed to decide by the end of next August on eitherReuter - 124 words
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419 1979-03-03 8 Reuter MATSUSHITA Electric Industrial Co Ltd increased its consolidated financial assets, including cash and bonds that can readily be cashed, to 653.70 billion yen in the financial year ended November 20,1978 from 550.10 billion the previous year, said Mr Masaya Sano, deputy general manager of theReuter - 419 words
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778 1979-03-03 8 NYT RESORTS International received the first permanent licence to operate a gambling casino in New Jersey. Resorts won the support of members of the state Casino Control Commission as the five commissioners, told a public hearing they saw no reason to denyNYT - 778 words
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Article1230 1979-03-03 8 NEW YORK STOCKS advanced in light trading as shares recouped some of the losses suffered earlier in the week on fears of rising world oil prices. Analysts said the gain was more sellers' exhaustion than anything but cited some positive developments in oil prices,1,230 words
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Article216 1979-03-03 8 MAR 01 C* AblUDI Its unch Alcan «2'« L Algoma 27'» Bank Mont 25 •f Bank Nova ScoUa 34>k Bell Tel 94 Beth Corp BP Can Ltd 23 v Brascan 21% -s Camp Red LaJte »SB Can Imp Bk XI •1 Canpac J4W Can par In* Pf 16SB unci)216 words
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Article315 1979-03-03 8 MAR 01 Rand INDUSTRIALS A Alpha ISO unch A be room 236 unch AE And CI 405 -5 AMIC 1300 unch Barlows 538 C( Sugar CNA L.... too unch 200 unch Cum* finance 82 unch De Beers Ind 1525 Edcon 300 unch Edgars MOOS ~50 Eveready 280B unch Fed315 words
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Article367 1979-03-03 8 Source: SHK Sec MARKET activity slowed somewhat yesterday as investors adopted a cautious attitude ahead of this weekend's crucial developments in Vietnam. Some buying in quiet conditions in the morning saw prices marked higher but came off in the afternoon on fears of another hike in interest rates. AnotherSource: SHK Sec - 367 words
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Article261 1979-03-03 8 M4R 02 Cente INDUSTRIALS A. C. I. A N. I. A. P. M. Ml 176 m unch unch Ampol Pet 76 1 B H P. 1075 unch Bank NSW 350 unch Roral 237 -*-2 Brambles 190 3 C B. A 255 C. 8 R 305 4-5 Coal Allied 480261 words
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EUROPEAN MARKETS
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Article93 1979-03-03 8 MAR 01 Ft* FORWAR0 MARKET *<w ,t 471 2 Arbed 2310 -40 Ajtur MO unch B ructn 542 Bru-Lamb 1810 10 Canpac SOS ♦i Cock MB 8 De Beers Jia •3 Ebes 2456 -10 Electtobel u MM unch Ob-Inno-Bm 2M6 ♦S Ge» 1354 Hobo* 3186 50 Petto 3810 1593 words
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Article189 1979-03-03 8 MAR 01 Francs Actions Suum an unch Alusuisse Br. 1300 -15 Alusuisse Rcf 583 unch Brown Boverl Br 1196 -5 Clta Qrip Br 1230 -10 CM* Octgy P C 000 -IS Clba Gel® Rh Credit Suisse Br 600 2286 -I -IS Credit Suisse Rrf 430 -4 Elektrowsll Br. 3000189 words
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Article211 1979-03-03 8 MAR 01 Dm Aef-Teiefunkrn Akao AUx Leben 1610 a.«o no oo -0 9 •J -10 Alii Ven moo -4 BASF h|HT Wb»nl B«J Vbtnk UftJO THJO 3H 00 -0-2 -2.5 -15 Baytr BBC MMO TM1M1 •U BMW Cuarlli Chem Ver* 223 50 1MJ0 2S6 00 -u ♦J -05 Commerxtenk211 words
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Article95 1979-03-03 8 LIT* r/ Ante 43 .1 A Oen Kulofl C«nvmJ« n»» rinstdcr rrvi 9b x Oen Immob MTJ J in Prl 2292 *32 IUlccmcntl ***** no -4 75 IUlatdcr 457 -4 25 MtfneU M Pf 560 1 Maretll Ere ]E 300 12 Mcdlob wm 100 Mtnluia am 386 Mondadorl law95 words
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Article189 1979-03-03 8 MAR 01 ARM ru 353 00 i AitoM Akao 116.50 ♦l 30 40 *02 AMKV m to *02 Arafu 100-50 0-5 Am rot B*nk mo unch Ber*OM 30-00 3-5 Bert 8350 0J Bote at io -01 Bonumij 157 00 uoch Burhm&nn 7150 0.5 Byenkorf M OD unch C«J*c Delfl189 words
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Article585 1979-03-03 8 TOKYO' Source: DBS-Daiwa Securities THE MARKET gradually recovered in the morning, since some institutional investors including corporate investors and mutual funds bought blue chips on temporary decline owing to Thursday's sharp drop. Chemicals and incentivebacked issues such as Toyo Chemical, Japan Carlit, Maruzen and Kasho,Source: DBS-Daiwa Securities - 585 words
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Article229 1979-03-03 8 MAR Bahu Asia Credit Asia Fibre Ayuthaya inv And Trust Bangkok Investment Bangkok Bank Bangkok Drying And SUo Bangkok Insurance Bangkok Metropolitan Ban Bangkok Nylon Bank Of Asia Bank Of Ayudhaya Ltd Ball Berll Jucker Carpet InterNational Charoong Thai Wire Crown Seal Duslt Thanl First Trust O. S Steel229 words
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Article133 1979-03-03 8 Reuter THE MARKET closed higher across the board dealers said. Turnover rose to 15.7 million pesos from Thursday's 14.7 million. Unchanged issues included Phil Overseas, Podco B, Pioneer, CDCP, Usiphil and Vulcan. Reuter. MAR 01 Lire Ante 42 Assoc Qen ***** 1350 Bastocl SOI JO -4.5 Central* -118 FlatReuter - 133 words
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Article61 1979-03-03 8 FINANCIAL TIMES INDUSTRIALS Thursday 476.1 Wednesday 481.8 Week Ago 459.2 DOW JONES AVERAGE INDUSTRIALS Thursday 815.84 Wednesday 808.82 Week ago 828.57 LONDON DOLLAR PREMIUM Thursday 85 to 85'; Wednesday 89 to 89'? H.K.HANG SENG Friday 522.00 Thursday 517.34 Week ago 506.66 SYDNEY INDUSTRIALS Friday 489.75 Thursday 488.74 Week61 words
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Article226 1979-03-03 8 Reuter CONSOLIDATED Gold Fields Australia Ltd's first half profit rise was substantially due to another excellent result by the group's tin producer. Renison Ltd, the company said. Renison again increased tin output and .benefited from the continuation of very buoyant tin prices. Earlier, the company reportedReuter - 226 words
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Page 8 Advertisements
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Advertisement424 1979-03-03 8 *9$ This Month's New Penguins The Sixth Sens*. Rosalind Hey wood The Sixth Sense 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 remarkable, comprehensive and stimulating book'424 words
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BANKING AND FINANCE
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261 1979-03-03 9 Reuter THE American House of Representatives banking committee chairman Henry Reuss said his committee will review in depth the issue of foreign purchases of US banks and he asked regulatory agencies to participate. He also released a letter from the New York State Banking superintendentReuter - 261 words
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Article179 1979-03-03 9 UNION Bank of Switzerland's general manager G. Hanselmann said official controls introduced to prevent the Swiss franc rising on foreign exchange markets should be dropped since the market is now more stable. The lifting of one of the controls last month, the ban on foreign179 words
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304 1979-03-03 9 Reuter THE US Federal Reserve Board adopted a policy statement on its supervision of foreign bank holding companies operating in America. The Fed said the statement is the guiding rule in its administration of the 1978 Bank Holding Company'and International Banking Act. ItReuter - 304 words
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Article, Illustration206 1979-03-03 9 Reuter WEST Germtiy'i Economics Minister Otto Lambsdorff (above) does not expect implementation of the new Eiropeu monetary system until early la the second half of the year, after the elections in Bnrope. He also said la an address to the Mid-Atlantic Clah inReuter - 206 words
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MONEY AND EXCHANGES
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Article303 1979-03-03 9 SINGAPORE gold futures yesterday closed generally lower in thin trading, dealers said. Opening quotations were little changed from their overnight levels and the market thereafter held steady during the morning's trading before easing about US$l in afternoon trading following the easier Hongkong trend, they said. Turnover fell to a303 words
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Article499 1979-03-03 9 THE US dollar strengthened against the yen yesterday after it was announced that Japan had a much reduced trade figure during the first 20 days of February. Trading activity was concentrated mainly on the US dollar yen counter, with little done on others. The dollar gained more than-499 words
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Article128 1979-03-03 9 THE US dollar yesterday turned slightly firmer against Continental currencies and also moved above its earlier low against the yen in moderately active trading, dealers said. The stronger undertone was partly derived from some operators" view the Japanese economy may be showing signs of peaking out. underlined by the128 words
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Article151 1979-03-03 9 Asian rates ASIAN currency deposit interbank rates as at close on March 2: l°S Dollart(Spot) Offer Bid 7 days 10. 10. 1 month 10 15/1610 13/16 2 months 10 9/16 10 7/16 3 months 1011/16 109/16 6 months 11 10". 9 months 111/16 1015/16 12 months U 10Sw.Frt. Dms. (Middle151 words
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Article170 1979-03-03 9 THE US dollar for overnight delivery yesterday closed at 203.45 yen, compared with a 203.80 opening and 202.60 at Thursday's close after small central bank intervention. The Bbank of Japan was believed to have sold between US$7O million and $100 million to stem the dollar rise, dealers said. The170 words
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Article21 1979-03-03 9 THE average rate a which Singaport banks are currently prepared to lend W their best customer! is 8 per cent.21 words
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Article184 1979-03-03 9 THE YEN yesterday opened sharply lower at 204.35 50 to the dollar, after 203.60 70 overnight, and weakened further to around 205.00 10 taking other major currencies slightly lower against the dollar, dealers said. Latest Japanese customs clearance trade data showing a deficit of U5599.68 million in the first184 words
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Article51 1979-03-03 9 RESULTS of tender held yesterday for 91-day Treasury bills to be issued on March 5 to March 9 1979: Offered: $20,000,000. Applied for: $49,500,000. Allotted: $20,000,000. Accepted bids: $96.90, approximately 34 per cent; higher bids in full. Average rate of discount on allotment: 4.390 per cent per51 words
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823 1979-03-03 9 Reuter THE rapid growth in domestic lending is expected to be effectively curbed by government proposals affecting the liquidity position of local banks, according the senior bankers and financial analysts in Hongkong. Financial Secretary Philip Haddon-Cave said in his budget speech on ThursdayReuter - 823 words
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Article243 1979-03-03 9 FOREIGN official assets in the US rose by US$l6.9 billion in the fourth quarter after a $4.4 billion gain in the third. Disclosing this, the Commerce Department said the rise was due to dollar intervention purchases by several major industrial countries in exchange markets during243 words
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Article, Illustration369 1979-03-03 9 AFP. MALAYSIAN Finance Minister Tengku Razaleigh Hamzah stressed the need for banks to ensure the best use of the country's financial resources. Even if banks have to fulfil socio-economic objectives, their affairs should be conducted professionally and run on sound economic principles, especially forAFP. - 369 words
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Article135 1979-03-03 9 Reuter THE Canadian government's bond issue to be dated and delivered on March 15 will likely total around c*t .2 billion with $700 million or more offered to the public, dealers forecast. Market observers expect the financing to consist of three reopened issues and some dealers holdReuter - 135 words
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Page 9 Advertisements
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Advertisement175 1979-03-03 9 HOT AND COLD Singapore can afford to be cool. Whichever way you look at it, however it is debated, Singapore's National Income is Higher than per capita GNP Suggests. John Drysdale explains in the February issue of Singapore Business. Airconditioning and refrigeration, equipment manufacturers are alsd having a comfortable time.175 words
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Article1329 1979-03-03 10 In Singapore BID and offer prices officially listed and business in and reported to the Slock Exchange of Singapore yesterday with the number o( shares traded shown in brackets in lots of 1.000 units unless otherwise specified All Time Settlement Contracts are quoted1,329 words
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Article147 1979-03-03 10 SINGAPORE UNIT TH18T INCOME BOND UNIT (NiMffn' i tor Ma r») (Cvnsl prt teas) The Commerce 209 2.22 Income Bond 1.14 l.JO The Saving Fund 1 22 1.29xd S pore Prog Fund 0.91 0.96 S pore Sec Fund 1.70 180 S'pore Invest Fund 1.1S 1.25 MARA BUMIP1TRA FUND147 words
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Article2562 1979-03-03 10 Gr-e Gr'e Net 1978/79 Laat Div Div Yld P/E Vol Day High Low Company Sale 4-or- C*vr (•000) High Low SECTION ONE INDUSTRIALS 272 132 Acma 222 12.0N 1.3 5.4 24.1 190* 123* Aleom 188 10.0 22 5.3 13.9 178 107 Allied Choc 115 2 9.8 12,562 words
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Article45 1979-03-03 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 op- tions traded shown in brackets. Sime Darby (March $2 55) (0 458 0.555).45 words
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Article146 1979-03-03 10 4 1/2% 1/8/80 (250.000) (***** 99.455) (2) 99 35 4 3/4% 15/9/80 (250.000) <99 628 99.725) 5 1/4% 1/3/81 (2M.OOO) (100 JOB 100 308) 5% 1 ft/4/81 (250.000) (***** *****) ft% T 1/ft/83 (2M.OOO) (100 108 100 JOS) ft 3/4% T F I ft/6/81-84 (250.000) (*****S) ft* 13/11/84146 words
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Article1285 1979-03-03 10 BID and offer prices officially listed and business in and reported to the Kuala Lumpur Stock Exchange yesterday with the number of shares traded shown in brackets in lots of 1,000 units unless otherwise specified. INDUSTRIALS AJbMOMU (2.618) (2.518) (1) 2® Aleaai (1.925) A CtM (1158 I1,285 words
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198 1979-03-03 10 BETTER rubber prices plus an extraordinary boost from cess refund more than doubled earnings at Sungei Bagan at the interim stage. For the six months to last Dec 31. pre-tax profits of the company soared 128 per cent to 1791,394. Of this amount,198 words
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Article58 1979-03-03 10 Cwwllisled Hotels Lti: AGM to be held at 5th Floor, Peninsula Hotel, on Mar 1«. Ula Beaat CoaaaMatod ladastriea (M) Mi: AGM to be held at Pinji Estate. La hat, Ferak at 10.00 a.m. on Mar 17. Sdaagar Csr—Is M: EOGM to be held at No.30, Jalan Ampang,58 words
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Article, Illustration694 1979-03-03 10 SENTIMENT rated fram Irregular to itetiy to towwtl train tie Stock Exehugc of Singapore yesterday, feekeai bear activity pat the market slightly ahead aa balance. There have heea aa aew devetopmeats of a salatory aatare to stimslate toveatmeat buying with the excepttoa of694 words
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534 1979-03-03 10 TRADING firmed slightly towards the close on light buying at the Kuala Lumpur Stock Exchange. Thursday's (all saw some initial easing on opening, which was aggravated partly by the round of selling in Sime Darby. However, this proved to be only534 words
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COMPANY NEWS
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Article, Illustration888 1979-03-03 11 MANO SABNANI - DESPITE the extremely trying conditions prevailing in the industry, Sembawang Shipyard has maintained its earnings and its vitality. The yard continues to utilise fully the downcycle to enhance its operational effeciency. MA NO SABNANI reports. MANO SABNANI A FULL throttle in the second888 words
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Article, Illustration1049 1979-03-03 11 CHAN BONG SOO - By CHAN BONG SOO FEBRUARY was a short but agonising month for investors at the Stock Exchange of Singapore. Wave after wave of selling buffetted the market with heavy casualties. Reactions were few and far between and they brief and too1,049 words
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Article346 1979-03-03 11 INITIAL wonder at the very firm upward movement of Malayan United Industries' (MUI) shares on the Kuala Lumpur Stock Exchange has now been dispelled by its latest preliminary results. They show a strong surge in the company's profitability for the year ended last Dec 31. Having somehow346 words
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367 1979-03-03 11 MALAYAN BANKING has confirmed In a short statement to the Koala Lumpur Stack Exchange that It has disposed of its 2« per cent interest in Arab-Malaysian Development Bank. The sale to Malaysian Industrial Development Finance on Feb. 23 makes MIDF the largest367 words
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282 1979-03-03 11 BOOSTED by a sharp increase in its acreage under oil palm achieving maturity. Batu Lintang Rubber Co. has turned in an 87 per cent jump in its pre-tax profits to 13.44 million for the halfyear ended Dec. 31, 1978. Helped along by282 words
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Article599 1979-03-03 11 W- HOCK LOCK SIEW IN ITS nthuiMm U win ever the minds of Gilkrk ikarehtMen, the good met at the helm of Slme Darby have described Guthrie's plantation earnings m being cyclical. Slme says the carreat level of commodity prices and the yields of plantation productsHOCK LOCK SIEW - 599 words
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Article362 1979-03-03 11 Current Ex Books Date Total for Total for Payment Date Close Payable the year Previous year YHS 18.1 %<d) Feb 14 Feb 21 Mar 9 19.1% 10.0% YHS(M) 2.5% Feb 7 Feb 20 Mar 12 15% 10% Wilkinson 14% Mar 17 Mar 19 Mar 27 21% 16% B362 words
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Article113 1979-03-03 11 Oompany Particulars Ex Date Books Close Sel Nut Nat Iron Dualop Eat P. Products Toshiba Bovis SEA Bonus Issue of 2 (or 3 Bonus Issue of 1 for 2 Bonus Issue of 1 for 5 Bonus issue of 1 for 4 Rights Issue of 3 for 2 ♦>113 words
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Page 11 Advertisements
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Advertisement108 1979-03-03 11 ACCOUNTANTS, AUDITORS, COMPANY SECRETARIES, MANAGERS, ADMINISTRATORS, BANKERS, STATISTICIANS. The fast growing industrial and commercial sectors of this region are constantly looking for professional men and women to fill such challenging and highly paid posts. Do you have the qualification to fulfil any of these roles? If not then ACT NOW.108 words
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491 1979-03-03 12 NYT AFP THE US House of Representatives passed by an overwhelming voice-vote on Thursday a bill to extend retroactively a waiver on imposition of punitive duties on subsidised imports. This is legislation foreign countries deem essential to complete a new round ofNYT; AFP - 491 words
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143 1979-03-03 12 MAJOR OIL consuming countries are expected to adopt a programme of concerted energy saving to cushion the effect of shortages and rising prices following the revolution in Iran, informed sources in Paris said. The United States and Japan, the world's biggest oil importing nations, led143 words
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387 1979-03-03 12 AP MEXICO will not be a substitute for Iran in meeting world energy shortages, despite vast Mexican reserves of oil and natural gas, concludes a US Senate study released on Thursday. The study prepared by the staff of the Senate Energy Committee said Mexico isAP - 387 words
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308 1979-03-03 12 JOHN LIM - By JOHN LIM THE THIRD rood sf expiratory talks aa the propMed Amu-EEC cooperation tp—| Is scheduled in Brussels this April. The sccoad nud ended sacceasfally yesterday. The director-geaeral sf Asean-Singapore, Mr Taa Boon Seng, saM the maod and attltade at308 words
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Article83 1979-03-03 12 THE SECOND Indian Engineering exhibition (Indee 79) was officially opened at the Jakarta fair ground by the Indonesian Vice-President, Mr Adam Malik. Some 215 exhibitors from India, as well as two Singapore based companies displayed, 171 products worth about US$lO million (SS22 million). Indee 79 is83 words
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Article853 1979-03-03 12 LONDON. Fri. Government bonds and share prices today closed higher on renewed buying interest encouraged by the prospect of stabilised interest rates following yesterday's cut in the Bank of England's minimum lending rate, dealers said. At 3 p.m.. the Financial Times index was up 5.1 at 481.2. t853 words
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Article, Illustration650 1979-03-03 12 Reuter UPI FIGHTING in the 14-day Sino-Vietnamese War appears to have died down, and China is seeking a move to the negotiating table. According to so-called experts in Bangkok, there has been a lull in the war for the past two days andReuter; UPI; Source: UPI photo - 650 words
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Article230 1979-03-03 12 DRESDNER (South-east Asia) Dresea looks set to retain its position as Singapore's top merchant bank. The wholly-owned merchant banking subsidiary of West Germany's Dresdner Bank recorded a 38 per cent increase in operating profit to $7 million last year, with assets up nearly 24230 words
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169 1979-03-03 12 UPI THE US dollar, Uttiag an rightHnoath high la early trad lag, shed streagth U flalsh the week at MS.4I yea la Tokyo yesterday ram pared with atH at Tkaraday's elooe. Tradlag was heavy IV Baak of Japaa was agala la the marketUPI - 169 words
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268 1979-03-03 12 Reuter PRESIDENT Carter, openly frustrated and disgusted by the deadlock in peace treaty negotiations between Israel and Egypt, is reported ready to talk blunt at his meetings withIsraeli Prime MinisterMenachem Begin. As Mr Begin headed to Washington. US officials said theReuter - 268 words
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Page 12 Advertisements
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Advertisement186 1979-03-03 12 NOTICE To the holders of the floating rate U.S. Dollar Certificates of Deposit due 9th March 1982 of: The Industrial Bank of Japan, Ltd. Tower 1301. DBS Building 6 Shenton Way. Singapore 1. We hereby certify that the rate of interest payable on the above-mentioned certificates of deposit for the186 words
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Advertisement455 1979-03-03 12 THE DEVELOPMENT BANK OF SINGAPORE LTD (Incorporated in the Republic of Singapore) To: Ail Shareholders The Board of Directors of The Development Bank of Singapore Limited is pleased to make the following announcements:— 1 AUDITED RESULTS FOR THE YEAR ENDED 31 DECEMBER 1978 1 THE BANK THE GROUP 1878 1877455 words
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Page 12 Miscellaneous
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Miscellaneous134 1979-03-03 12 THE DRY phase of the north-east monsoon has returned to most parts of South-east Asia north of the Equator. Generally dry weathwr conditions are therefore likely to affect Singapore during the next four to six days. This should be followed by a period of occasional afternoon thundery showers during the134 words
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LEISURE TIMES
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941 1979-03-03 13 JOHN ROCKWELL - SPIRIT OF THE SEVENTIES Hardcore disco men from the West claim they find it strange that the Singaporean prefers a quiet coddle on the dance-floor to acrobatic terpsichoreanism. There is little reason why they should find 1 our preference surprising for as JOHN ROCKWELL941 words
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Article826 1979-03-03 13 Tsang Sao Yin - DESTIIATIOI with Tsang Sao Yin OUTDOOR feasting with friends and relatives has become one of the established tenets of a Singapore weekend. All of the local citizentry seems to be out at that hallowed time crowding round heavily laden tables and quaffing super-fast cooked food under826 words
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Article, Illustration474 1979-03-03 13 NSR IT IS doubtless a sign of the lack of good entertainment in Singapore, particularly in theatre, that those lucky enough to have seen Alan Ayckhourn's Bedroom Farce have been virtually unanimous in declaring this innovation of the theatre-dinner a resounding success. And it is fitting reward thatNSR - 474 words
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Article, Illustration838 1979-03-03 14 OPEN GOLF k J THE WEATHER <*t the Bukit course yesterday took a turn for the better during the Second Round of the $106,000 Singapore Open golf championship. Unlike the strong winds which caught most golfers unaware on the first day, the Second Round saw a refreshing838 words
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Article, Illustration282 1979-03-03 14 THOUGH HE NEVER east a shadow very much longer than his 1.6-metre tail frame upon the sunny green, he swings an iron club with infinitely great ease. "Yes, 1 like the Graham Marsh swing", said diminutive Takeru Shibata of Nagoya, Japan, who yesterday shot an astonishing flve-under-par282 words
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Article, Illustration902 1979-03-03 16 MOTORING Hermes FRENCH CARS have always been more than a little schizophrenic. They can be real road-burners when required. Their horns are guaranteed to satisfy even the most irate and impatient Parisien drivers. And yet, the ride is usually so smooth and theHermes - 902 words
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Article, Illustration203 1979-03-03 16 EXECUTIVE FASHION The briefcase is an entirely practical accessory. That dees not, of course, mean it needn't be attractive, totally and quietly in keeping with the rest of the executive image. The sottd, crocodile skin brief case above is ideal for the no-nonsense man who isPhotos by J. Tan - 203 words
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927 1979-03-03 16 JOHN TAN - PERSONAL FIWAWCE ...Insnrance By JOHN TAN MANY SINGAPOREANS have the foresight to take life assurance to prepare for the day they die or retire. They take an endowment policy which gives them a substantial lump sum at, say. 50 or 55 when927 words
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397 1979-03-03 16 MARGARET THOMAS - By MARGARET THOMAS SINGAPORE the Lion City. A city of gardens and flowers, of shops and bargains. A city to which tourists flock. Oh,what a pity, This lion city, Has not taken the action, To become a city of fashion. Paolo Pettinaroli397 words
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Page 13 Advertisements
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Advertisement41 1979-03-03 13 Kodacolor 400 film. Kodak's fastest film for color prints _raiDß_ Singapore Open Golf results Page II The trne cost of maintaining an appartment n Behind the exodus from the central city area 11l A smooth ride in the French fashion IV41 words
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Advertisement141 1979-03-03 13 HOOOK POpOltM VOr ***** Mb M Strip to your underwear and stand facing a full length mirror. Do you like what you see? Okay, now stand sideways. Still look good?j If you want every inch of your body to look and feel its best, here's the book that shows you141 words
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Page 13 Miscellaneous
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Miscellaneous981 1979-03-03 13 FILM SHOWS THIS MORNING, at the National Museum (10.45 am), three documentaries, each aboyt an hour in length. They are Singapore Impressions, This is TAS, and Dental Health How and Why. ON SUNDAY afternoon (3pm), the lecture hall of the Singapore Science Centre features two films Land from the Sky981 words
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PROPERTY
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Article, Illustration779 1979-03-03 14 TEO TECK WENG - By TEO TECK WENG DEVELOPERS selling dwellings under strata titles like condominiums will sometimes add colour to their" sales talk with promises of a maintenancefree life of bliss for the homeseeker. But in all truth, maintenance is certainly not free and can, in fact,779 words
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288 1979-03-03 14 THE PROFESSION of a landscape architect is not a profitable one in terms of the time involved in a project and the eventual returns. The statement comes from one such professional working for the past five years in Singapore and who has won contracts288 words
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Article, Illustration80 1979-03-03 14 WItEN IT comes to security, luxury developments are in a class of their own. Futura, for instance, boasts security facilities ranging from close-cir-cuit television to key-operated lifts. A 24-hour security service is provided at the front, entrance, goods lift and lobby. Visitors are scanned before being80 words
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Article, Illustration254 1979-03-03 14 THE FORMER Strand hotel site in Bencoollen Street will be sold to the owner of Hotel Supreme in Krarnat Road. While the sale agreement has not yet been finalised. it is believed that the" purchase price is in the i-egion of $2.5 million. The vendor is property254 words
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Article, Illustration1363 1979-03-03 15 TSANG SAU YIN - If Singaporeans are going to be wooed back into the central city area to live it is important to understand why they left in the first place and to consider the possible incentives that can be given to get them to return. TSANG1,363 words
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Article, Illustration276 1979-03-03 15 A STONE'S throw away from thr lively commercial Orchard Road belt and situated outside the Restricted Zone is a new Mock of apartments called Lucky Tower. Developed by Lucky Realty, the apartments are located next to the Raffles Institution in Grange Road within one of the better276 words
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Page 14 Advertisements
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Advertisement153 1979-03-03 14 PENGUIN BOOKSHOP RUNNERS HANDBOOK RtSMNERS HANDBOOK 7W£ Kunncrs HANDBOOK To• RUNNER'S Handbook I =7 KUNNSIS a***. WHY DO Runh&S MAKE BETTER I LOVERS. I =a KUAf/V&tS handbook RUNNING- I STIMULATES All ASffCTti Of HEALTH K 91 I! i£» it? h m nil 3)! Here at last is The Runners Handbook,153 words
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Page 15 Advertisements
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Advertisement195 1979-03-03 15 TvTTT "J 1 »1 I DISTRICT 10 Modern design 6-bedroomed detached. Marble/ parquet. Centralised aircon. $480,000 negotiable. Double-storey detached. 4 bedrooms with baths attached. Marble/parquet. Lightings worth over 410,000. Extensively renovated. $390,000. DISTRICT 11 Double-storey detached. 4 bedrooms, attached baths. Marble/parquet. Lovely furnishing. $460,OOOojLa Double-storey detached. 4 bedrooms, 1 study,195 words
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Advertisement326 1979-03-03 15 +<`[\"=`=`{>{.+=+=?!,`/;'&+!\," RIDGEUJOOD th«* Mosi I diked About Condommii mi in Singapore Now Booking! Spectacular 3-4 Bedroom Apartments. Superior Finish. Built-in Cupboards. Kitchen with ceramic tiles, cooker hood, washer and dryer. Sales Prices from $173,000 FACILITIES 6 Parklike A superlative Recreational Area, complete with 2 Pools, 2 Tennis Courts, Badminton, Basketball,326 words
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Advertisement324 1979-03-03 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 major324 words
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Page 16 Advertisements
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Advertisement110 1979-03-03 16 HSUt AV? A PENGUIN 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. I Time110 words
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