The Business Times, 3 March 1979

Total Pages: 16
1 16 The Business Times
  • 10 1 BUSINESS TIMES M.C.(P> No. m/l/n SATURDAY, MARCH 3,1179 50 CENTS
    10 words
  • BRIEFLY...
    • 34 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.— Reuter
      Reuter  -  34 words
    • 29 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.— Reuter
      Reuter  -  29 words
    • 64 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 toppled
      AP  -  64 words
    • 112 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 would
      AP; Reuter  -  112 words
    • 68 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
    • 64 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 already
      Reuter  -  64 words
    • 50 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. AP
      AP  -  50 words
  • Chief Price Changes
    • 140 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 Straits
      140 words
    • Article, Illustration
      145 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 -05
      145 words
  • 879 1  -  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 actuarial
    879 words
  • 192 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 whole
    192 words
  • 647 1  -  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 plant
    647 words
  • 289 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 $37.1 million, while the hank Itself
    289 words
  • 532 1  -  By QUEK PECK LIM Financial Correspondent EVEN before the ink has dried on its new offer, Sime Darby Holdings has secured a major victory in its takeover bid for Guthrie Corporation. In the teeth of determined opposition from the Guthrie board
    532 words
  • Page 1 Advertisements
    • 10 1 Bi.; ismcss SINGAPORE BUSINESS The Business Magazine SEE BACK PAGE
      10 words
    • 108 1 XXr OAMe dtrrn YOU TOWN? £5 I n t y> >» ruLl -v> m h Jr^liiMEYOUOtUE lb BWWEST. Chances are that at Pan-West we have just the right equpment to help improve your game At Pan-West we stock the finest range of top quality golf mg equpment Confidence. Honma. Lynx
      108 words
    • 22 1 [;"`^@_%_}$`\\@^/::'-><>```=!+} LEISURE TIMES MENOPAD t, CROSSWORDS S, AIRCRAFT SCHEDULE I, TV A RADIO t, STRAWS IN THE WIND 1, FOREX I, SHARES li
      22 words
    • 196 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 University
      196 words

  • TRADE AND INDUSTRY
    • 118 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 companies
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    • 434 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 Effective
      434 words
    • 688 2  -  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 giant
      688 words
    • 340 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 specially
      340 words
    • 400 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 the
      400 words
    • 200 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, said
      200 words
    • 410 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
    • 241 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 agencies
      241 words
    • 149 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. The
      149 words
    • 189 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 at
      189 words
  • Page 2 Advertisements
    • 148 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 e
      148 words
    • 177 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

  • REGIONAL
    • 607 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 gain
      607 words
    • 495 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 been
      Source: AIS photo  -  495 words
    • 151 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 El
      Reuter; Source: UPI photo  -  151 words
    • 401 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 of
      401 words
    • 253 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 memorandum
      253 words
    • 171 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 on
      AFP  -  171 words
    • 73 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
    • 498 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 before
      UPI  -  498 words
    • 698 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 decides
      Reuter  -  698 words
  • Page 3 Advertisements
    • 92 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 achievements
      92 words
    • 23 3 PARTNERSHIP FOR GROWTH i TM 3-10 MARCH 1070 JAKARTA FMR GROUND JAKARTA MDONESU unv rTB« to nvuno «r tw i CONMtTAMCTffMGM- IlKark Ml
      23 words
  • Page 3 Miscellaneous
    • 603 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 preferences
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  • RAW MATERIALS
    • 570 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
    • 347 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. Although
      347 words
    • 143 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 showed
      Reuter  -  143 words
    • 230 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 morning
      230 words
    • 389 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 50
      389 words
    • 103 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. «l
      103 words
    • 73 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 685/692
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    • 411 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 and
      411 words
    • 344 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 and
      344 words
    • 75 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
    • 762 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 of
      762 words
    • 70 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. Total
      70 words
    • 30 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 $4) Official offering: 177 tonnes (up 27 tonnes)
      30 words
    • 136 4 TRADING on the sugar futures market yesterday remained quiet with 10 lots traded against none on Thursday, dealers said. Nearby May closed at 7.90/8.69 US cents against Thursday's 8.80/90 close with the distant January at 9.58/70 against 9.50/75 close. Sugar future* closing price*: Ctaslag hiiwi Ch*| May 790
      136 words
    • 197 4 YARN and cotton prices were quoted as follows in Hongkong yesterday: (In HK dollars, spot ex-godown) CattM yam: China Blue Phoenix 20s 2,370: 32s 2.910; 40s 3.100 (per bale of 400 lbs). Ptoee in*: China Butterfly and Globe.brand unq; Dragon Head unq; Five Lambs unq: Flower and Butterfly unq;
      197 words
    • 692 4 OILSEEDS: Brokers reported featureless oils and oilseeds markets yesterday. Among edible oils, they reported increased selling interest in crude soybean oil and crude palm oil at around Thursday's closing levels but buyers were not keen to give support. Soybeans were also neglected. Overnight activity in US coconut oil
      692 words
    • 296 4 SINGAPORE: Yesterday's closing prices in S$ 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 pet
      296 words
    • 381 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 is
      Reuter  -  381 words
    • 74 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 3
      Reuter  -  74 words
  • Page 4 Advertisements
    • 116 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 wider
      116 words

  • 831 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 CX710
    831 words
  • 731 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 the
    NYT  -  731 words
  • 172 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 said
    Reuter  -  172 words
  • 80 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
  • Article, Illustration
    422 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
  • 270 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
  • 254 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 that
    AP  -  254 words
  • 156 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. On
    UPI  -  156 words
  • 396 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 is
    NYT  -  396 words
  • WORLD IN BRIEF
    • 464 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 fired
      Agencies  -  464 words
  • Page 5 Advertisements
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      320 words

  • 380 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 our
    380 words
  • 288 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. It
    288 words
  • 1301 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 Vietnamese
    Reuter  -  1,301 words
  • Page 6 Advertisements
    • 147 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 HOTEL
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    • 19 6 EXECUTIVE CHEF: LEO WALDMEIER: MAITRE D'HOTEL: WILLIAM TAN. SINGAPORE HILTON 2ND FLOOR for reservations ring *****3 extn 2536 I
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  • Page 6 Miscellaneous
    • 34 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 Mucnßefcs
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    • 840 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 wrate
      840 words

  • 2245 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 increased
    2,245 words
  • 381 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". Perhaps
    381 words
  • 759 7  -  (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 how
    NYT  -  759 words
  • Page 7 Advertisements
    • 265 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 15
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    • 72 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, Orchard
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  • INTERNATIONAL STOCKS
    • 279 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 million
      279 words
    • 99 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
    • 124 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 either
      Reuter  -  124 words
    • 419 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 the
      Reuter  -  419 words
    • 778 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 deny
      NYT  -  778 words
    • 1230 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,
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    • 216 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)
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    • 315 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 Fed
      315 words
    • 367 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. Another
      Source: SHK Sec  -  367 words
    • 261 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 480
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    • EUROPEAN MARKETS
      • 93 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 15
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      • 189 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. 3000
        189 words
      • 211 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 Commerxtenk
        211 words
      • 95 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 law
        95 words
      • 189 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 Delfl
        189 words
    • 585 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
    • 229 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 Steel
      229 words
    • 133 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 Flat
      Reuter  -  133 words
    • 61 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 Week
      61 words
    • 226 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 reported
      Reuter  -  226 words
  • Page 8 Advertisements
    • 424 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

  • BANKING AND FINANCE
    • 261 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 superintendent
      Reuter  -  261 words
    • 179 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 foreign
      179 words
    • 304 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. It
      Reuter  -  304 words
    • 206 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 in
      Reuter  -  206 words
    • MONEY AND EXCHANGES
      • 303 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 a
        303 words
      • 499 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
      • 128 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 the
        128 words
      • 151 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. (Middle
        151 words
      • 170 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. The
        170 words
      • 21 9 THE average rate a which Singaport banks are currently prepared to lend W their best customer! is 8 per cent.
        21 words
      • 184 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 first
        184 words
      • 51 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: $96.90, approximately 34 per cent; higher bids in full. Average rate of discount on allotment: 4.390 per cent per
        51 words
    • 823 9 Reuter THE rapid growth in domestic lending is expected to be effectively curbed by government proposals affecting the liquidity position of local banks, according the senior bankers and financial analysts in Hongkong. Financial Secretary Philip Haddon-Cave said in his budget speech on Thursday
      Reuter  -  823 words
    • 243 9 FOREIGN official assets in the US rose by US$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 during
      243 words
    • 369 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 for
      AFP.  -  369 words
    • 135 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 hold
      Reuter  -  135 words
  • Page 9 Advertisements
    • 175 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

  • 1329 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 quoted
    1,329 words
  • 147 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 FUND
    147 words
  • 2562 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 1
    2,562 words
  • 45 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
  • 146 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* 13/11/84
    146 words
  • 1285 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 I
    1,285 words
  • 198 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
  • 58 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
  • 694 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 of
    694 words
  • 534 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 only
    534 words

  • COMPANY NEWS
    • 888 11  -  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 second
      888 words
    • 1049 11  -  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 too
      1,049 words
    • 346 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 somehow
      346 words
    • 367 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 largest
      367 words
    • 282 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 by
      282 words
    • 599 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 products
      HOCK LOCK SIEW  -  599 words
    • 362 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% B
      362 words
    • 113 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
  • Page 11 Advertisements
    • 108 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

  • 491 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 of
    NYT; AFP  -  491 words
  • 143 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, led
    143 words
  • 387 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 is
    AP  -  387 words
  • 308 12  -  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 at
    308 words
  • 83 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 is
    83 words
  • 853 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. t
    853 words
  • 650 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 and
    Reuter; UPI; Source: UPI photo  -  650 words
  • 230 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 24
    230 words
  • 169 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 market
    UPI  -  169 words
  • 268 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 the
    Reuter  -  268 words
  • Page 12 Advertisements
    • 186 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 the
      186 words
    • 455 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 1877
      455 words
  • Page 12 Miscellaneous
    • 134 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 the
      134 words

  • LEISURE TIMES
    • 941 13  -  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 ROCKWELL
      941 words
    • 826 13  -  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 under
      826 words
    • Article, Illustration
      474 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 that
      NSR  -  474 words
    • 838 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 refreshing
      838 words
    • 282 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-par
      282 words
    • 902 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 the
      Hermes  -  902 words
    • 203 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 is
      Photos by J. Tan  -  203 words
    • 927 16  -  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 when
      927 words
    • 397 16  -  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 Pettinaroli
      397 words
  • Page 13 Advertisements
    • 41 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 IV
      41 words
    • 141 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 you
      141 words
  • Page 13 Miscellaneous
    • 981 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 Sky
      981 words

  • PROPERTY
    • 779 14  -  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
    • 288 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 contracts
      288 words
    • 80 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 being
      80 words
    • 254 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 property
      254 words
    • 1363 15  -  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. TSANG
      1,363 words
    • 276 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 better
      276 words
  • Page 14 Advertisements
    • 153 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

  • Page 15 Advertisements
    • 195 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
    • 326 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
    • 324 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 major
      324 words

  • Page 16 Advertisements
    • 110 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 Time
      110 words