The Business Times, 10 March 1979

Total Pages: 16
1 16 The Business Times
  • 11 1 BUSINESS TIMES M.C.(P) No. 141/1/71 SATURDAY, MARCH 11, 1179 50 CENTS
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  • BRIEFLY...
    • 53 1 UPI ALEXANDRIA, Fri. Egyptian President Anwar Sadat said today he believes that Egypt and Israel are "on the verge" of signing a peace treaty except for "a few words." But President Carter was more cautious, saying "there are still some problems" to be resolved before he can predict
      UPI  -  53 words
    • 64 1 AP WASHINGTON, Fri. The value of imports, measured in US dollars, expanded strongly in most of the non-communist world's nations during the latest 12-month period, the US Department of Commerce said yesterday. Three-fifths of all the reporting countries increased imports at double-digit rates more than half of
      AP  -  64 words
    • 52 1 Reuter TOKYO, Fri. The US and Japanese air forces will stage small-scale joint exercises next Tuesday over the Pacific off Misawa, Northern Japan, the Japanese Defence Agency announced today. The dog-fight exercises will involve four Japanese Phantom F4EJ fighters and two American aircraft carrier-based A-4 Skyhawks, it
      Reuter  -  52 words
    • 49 1 AFP KUALA LUMPUR, Fri. All flights of the Malaysian Airline System (MAS) to Perth have been cancelled until further notice an MAS spokesman said today. The- cancellation follows the boycott of the airline's Boeing 707 aircraft in Perth on Wednesday by airport ground workers. AFP
      AFP  -  49 words
    • 45 1 AFP PEKING, Fri. For the first time since 1949, telephone and telegraph hook-ups were made today between the People's Republic of China and Taiwan. The cost of a direct call to Taipei via Tokyo is about 12 yuans (about Ssl7) a minute. AFP
      AFP  -  45 words
    • 75 1 AFP TOKYO, Fri. Mr Wilhelm Haferkamp, Vicepresident of the European Economic Community (EEC), will arrive here on March 25 to work out a solution to the current Japan-EEC trade dispute stemming from Japan's massive trade surplus with Western Europe, government sources said today. Mr Haferkamp will meet
      AFP  -  75 words
    • 55 1 AP TOKYO, Fri. The US dollar staged a rally against the Japanese yen on the Tokyo Foreign Exchange today to close the weekend at 204.675 yen, up more than a yen from yesterday's closing rate of 203.575. It was also more than a yen up from
      AP  -  55 words
    • 69 1 UPI NEW YORK, Fri. The stock market, extending yesterday's rally, moved broadly higher early today in heavy trading. The Dow Jones industrial average, which soared 10.56 points yesterday, was ahead 4.07 points to 848.92 around 11 am today, the highest close since it finished at 851.78 on Jan
      UPI  -  69 words
  • Chief Price Changes
    • 138 1 Rises Sthn Malayan 1200 100 .Malayan Tin 1430 60 Sthn Kinta 600 30 Metro Hldgs 340 12 Setron 189 7 Kothmans 320 6 K L kepong 260 6 Gold Coin 181 6 O C B C 820 5 Tronoh Mines 780 5 M Banking 620 5 Straits Trading 570
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    • Article, Illustration
      145 1 Rises D Keramal I 1140 60 Seacorp 785 45 Mai Tin 1430 30 Gold Coin 189 10 Aokam 310 10 FAN 540 10 D Baby 180 08 Keck Seng 231 08 Malex 330 08 G Ropel 239 07 East Asiatic 306 06 Falls Raleigh 148 -16 S Trading
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  • 957 1  -  LEE'S VISIT TOMORROW By JOHN TAN Economics Correspondent PRIME Minister Lee Kuan Yew's visit to the Indonesian island of Batam tomorrow increases immeasurably the chances of a three-way cooperative effort to develop that island. The Indonesian government recently indicated it may be prepared to join hands
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  • 156 1 THE UNITED States' unemployment rate dropped to 5.7 per cent last month, the Labour Department reported yesterday. The decline was good news for the Carter Administration after Thursday's announcement that February's wholesale prices increased by one per cent last month. The February unemployment figure was
    156 words
  • 460 1  -  By ARTHUR NG PROPERTY developer United Overseas Land group (UOL) has teamed up with the giant Orient Leasing Company (OLC) of Japan. According to an afterhour announcement, UOL said an agreement has been reached in which OLC will buy 13.5 million new UOL shares for
    460 words
  • 178 1 FURTHER restrictions against income-lax evasion will be written into the Income Tax Act, according to the latest amendments now awaiting Parliament's approval. Among the new measures contained in tye Bill are further anti-avoidance provisions which do not allow companies with accumulated losses from acquiring companies with accumulated
    178 words
  • 277 1 FIVE-TIME wlner af the Annual Report of tie Year award Heme tatatrtci Far East la m» havlag Its aeeoaats ter 1»18 aadergeiag a thereagh rr frimhtflw by Ike Htogiporc Society ©f Aeewutaato. The re-exaariaatlea cornea la Ike wake of a letter seal te Rmttmrm
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  • 479 1  -  By NOORJAHAN KARIM SIME Darby's shares issued under the terms of its take-over offer for Guthrie Corporation and taken up by the underwriters will not be put on the market. Encik Malek Ali Merican, out-going managing director of Aseam-Bankers who arranged the underwriting,
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  • Page 1 Advertisements
    • 11 1 SINGAPORE BUSINESS The H .sir'pss Mogo 7 ne SEE PAGE 3
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    • 30 1 f* s "P .11 L>7 Red White Le Cellier Quality French wine at a realistic price 5*5 W4 -Mi JV I j* •V PI L r>- *■> i i Eastern Agencies
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    • 66 1 Leader... Page C LEISURE TIMES UEEC pate ip MiNr TV pteat.. GILLETTE sklfts regtoaal efCTI gives CUtt'i a kaad iii biiMlig factory LIBYA eata crafe nppiftes TOKYO capital market deer to slightly ajar I OPEN letter by D. Stedalr to Fed ekairmaa 7 WHOPPING fees far AieamHUME(FE) keep* climUag 11
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    • 109 1 Leder...Pigt I We have a business proposition for you. How would you like to own your own premises in a location that's central yet outside the CBD? Where there is ample parking spaces and the building facilities are excellent. In a new building that's well managed and maintained. And in
      109 words
    • 17 1 Hapag-Lloyd Fully containerised to Europe and United States. Regular, reliable and on time. JWI3 as J*' 31
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  • TRADE AND INUDSTRY
    • 104 2 THERE WILL be a one-day seminar on Albert Einstein next Saturday, organised by the Singapore Association for the Advancement of Science, the Institute of Physics (Singapore) and the Singapore Science Centre. The place is the Science Centre auditorium. Prizes will be given for the best three
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    • 35 2 SENIOR Minister of State (Finance) Mr Goh Chok Tong will officiate at the swearing-in ceremony of the Singapore Chinese Chamber of Commerce and Industry's 55-member 40th management committee next Saturday at its premises.
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    • 338 2 THE 48.262-dwt Nedlloyd Hoorn, the ninth Scan Dutch third generation containership, arrived in Singapore late on Thursday night on its maiden voyage from Gothenburg to the Far East. With the addition of the vessel, Scan Dutch now offers weekly containership departures and arrivals
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    • 452 2  -  By FOO CHOY PENG UNITED Electronic Engineering Corporation (UEEC) is to invest $2.5 million in a colour television manufacturing plant in Bukit Timah. The plant, the second television manufacturing operation of UEEC here, is to start production in April or early May at
      452 words
    • 103 2 THE Shangri-La Hotel has won an International advertising award for its promotional piece on its Garden Wing. Its entry, a single-fold piece invitation to the official opening of its Garden Wing last Angnst, won a Grand Award In Advertising in a worldwide contest organised by the Hotel
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    • 356 2 GILLETTE'S marketing activities in South-east Asia will be controlled directly from Sydney when its regional office shifts there by mid-year. It will merge with Gillette Management Propriety Ltd (GMPL), Gillette International's headquarters for its Australasian group. Local and expatriate executives will be seconded there.
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    • 129 2 DAIMLER-BENZ, manufacturer of the Mercedes-Benz range of motor vehicles. Ins an veiled four "G" models el crsss country cars. Two of them run on petrol, mad the other two on diesel. The mnaafnctare of the new models is a joint-venture with the Steyr-Daimier-Pnch company of Grai, Austria.
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    • 637 2 COURSES AND TALKS Feb 5-Apr 14: Diploma in Life Insurance, SITC, SITC Mar 1-31: International Labour Organisation residential course, RELC, ILO of Singapore. March-July: Personnel Management Concept Scope and Functions, Holiday Inn, Personnel and Organisation Development Mar 5-23: Port Administration and Operation Course, PSA Conference Hall, PSA Mar
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    • 116 2 THE Department of Extramural Studies of the University of Singapore will be conducting two courses at the Bukit Timah Campus beginning this month. The first of these is a 15lecture course on Chinese Painting and Appreciation for Beginners. It will be held on Fridays beginning on
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    • 68 2 THE Singapore Science Centre will conduct two science shows on March 14, in response to popular demand. They will be shown at 11.30 am and 3.00 pm at the Centre's auditorium. Science demonstrations on subjects and phenomena such as the world of the supercold, electricity that makes your
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  • Page 2 Advertisements
    • 416 2 Sine Darby Holdings Limited EXTRAORDINARY GENERAL MEETING NOTICE IS HEREBY GIVEN that an EXTRAORDINARY GENERAL MEETING of Sime Darby Holdings Limited will be held in The United Nations Room at The Regent of Kuala Lumpur Hotel, Jalan Sultan Ismail, Kuala Lumpur, Malaysia on Monday 26th March 1979 at 12 noon
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    • 372 2 MALAYAN UNITED INDUSTRIES BERHAD (Incorporated m the Federation ot Malaya) NOTICE OF MEETING NOTICE IS HEREBY GIVEN that the Eighth Annual General Meeting ot the Company will be held at the Company's Registered Office at Messrs Tan Toh Hua I Partners. Penthouse. 16th Floor. Wisma Mirama. Jalan Wisma Putra. Kuala
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  • 269 3 THE Malaysian government will not allow any external body to dictate terms or interfere in its internal affairs, Malaysian Transport Minister Tan Sri Manickavasagam said. On possible boycotts by the European and Australian affiliates of the Internatonal Transport Workers' Federation of Malaysian
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  • 126 3 UPI CHINA is ordering more than 600 breeding pig» from the United States to improve its own stock. The president of Ag-World Exports, Mr Cluver, in an interview with Manila's Business Day newspaper, said the pigs will be delivered by his firm in the next two months.
    UPI  -  126 words
  • 126 3 UPI FEBRUARY'S wholesale prices in Japu —< the sharpest rise ia twa yean and eight months, saggesttag iaflattaa wees far coming months, the Bank af Japan reported yesterday. The eeatral haak said ia its maathly report that the wholesale price ladex last meath stood at INJ
    UPI  -  126 words
  • 409 3 UPI CONTAINER Transport International (CTI) of the US has signed a US$25O million (about ***** million) agreement to help China establish its first marine container factory. The Hongkong South China Morning Post newspaper reported yesterday that under a five-year agreement, CTI will provide the
    UPI  -  409 words
  • 110 3 HONGKONG manufacturers expect a 6 per cent growth rate this year with the British and West German export markets making up for a slower increase in US trade, according to a government survey published in Hongkong yesterday. Their forecast is marginally more conservative than
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  • 296 3 Reuter BANKAMERICA president A. W. Clausen said on the eve of a visit to Peking that China is "eminently creditworthy," but did not disclose details of a possible bank offer to help finance China's industrial development. He said it is too early to talk about
    Reuter  -  296 words
  • 618 3 ALTHOUGH some four years have elapsed since Telok Panglima Garang and Ulu (Clang in Malaysia were designated as free trade zones (FTZ) in Malaysia, the eight firms operating in the areas are still waiting for them to be gazetted as such. A free trade zone is
    618 words
  • 105 3 Reuter A MALAYSIAN Airline System (MAS) DC-10 Jet was kept from leaving Sydney yesterday because of Australian trade union support for the airline's employees in Kuala Lumpur. Australian national secretary of the Amalgamated Metalworkers and Shipwrights Union Harry Wilson said the airline could not
    Reuter  -  105 words
  • 71 3 INDONESIA will buy tanks and armoured vehicles from France, National Security chief Admiral Sudomo said. "The Indonesian armed forces need new armament, but the purchase of such things is not as simple as buying peanuts," he said after watching a demonstration of French armament including tanks and
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  • Page 3 Advertisements
    • 284 3 Pan Am introduces 3 new ways to fly the world. Some of the people we fly each day can afford the best service in the world. And some simply want good service for the best prices in the world. But whichever way you go, only Pan Am offers you the
      284 words
  • Page 3 Miscellaneous
    • 647 3 TWOII CRYPTIC PUZZLE ACROSS 3 Edging found in silver, generally (5) 8 They may have a consuming interest in clothes (5) 10 Show great enthusiasm for a novice composer (5) 11 She's a mother fist (3) 12 Are in place of zones or sections (5) 13 It may shine like
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  • RAW MATERIALS
    • 268 4 OPENING quotations in Singapore yesterday were marked up following the recovery in London overnight. The market later fluctuated narrowly in quiet trading, dealers said. The morning session closed quietly higher with April One RSS buyers quoted at 249.00 cents per kilo, up 2.50 cents on Thursday night's close. The
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    • 28 4 Rubber: March 9 Singapore: April: 249.00 cents (up 2.50 cents Malaysia: April 252.50 cents (up Tin: $1,921 (down $4) Official offering: 135 tonnes (down 50 tonnes)
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    • 333 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. 248.00 249.00N 248.25 249.25N Int. 1 R.S.S. April 248.75 249.25 249 00 249.50 Int. 1 R.S.S. May 248.75 249.25 249.00 249.50 Int. 2 R.S.S. 244.00 245.00N 244.00
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    • 107 4 MX>N SSK and SMR uckts yesterday: May R AS April (Curreat Mth) (Forward Mth) Buyer* Sellers Buyer* Sallars SSK J«l (l ion pallet! moo 245.00N 244.00 246.00N SSK 11 ton pallet! 240.00 242.00N ***** 243.00N MRELB SMR CY 11 Ion pallet) 254.50 256.50N 255 00 2S7.00N SMR
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    • 352 4 PRICES finished generally mixed in dull and routine trading at the Singapore produce market yesterday. For most commodities, the volume of business reported was negligible. Refined coconut oil found good demand from neighbouring countries. But owing to the lack of copra to work on, local coconut oil millers
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    • 149 4 TRADING on the sugar futures market yesterday continued dull with prices virtually unchanged throughout the day, dealers said. May closed at 8.70/80 US cents against Thursday's 8.60/65 close, July at 9.06/15 against 8.94/9.00 with the distant March at 10.00/09 against 9.90/95 cents. There were no trades done, the
      149 words
    • 269 4 LEVELS eroded some nine cents in the week ended March 8, in line with the easing of tension over the China/Vietnam conflict, says H*iMay, Catler, Bath fe. in its weekly review of the Singapore and Malaysian rubber markets. Turnover remained fairly active as prices
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    • 298 4 SINGAPORE: Yesterday's closing prices in SI per kilo, ex-godown: THAI WHITE: 100 pel ftrst class (Kangaroo) new crop O.K. 100 pet second class 0.85, 100 pet third class 0.13, 25 pet new crop no Hock, B-10 pet o.l}. THAI BROKEN: A-wper 062. Sp*clalo.St THAI RICE: 36 pet no Mock
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    • 195 4 YARN and cotton prices were quoted as follows in Hongkong yesterday: (In HK dollars, spot ex-godown) Catiaa yarn: China Blue Phoenix 20s 2.300; 3k 2.800; 40s 3.100 (per bale of 400 lbs). Pteee gaads: China Butterfly and Globe brand unq; Dragon Head unq; Five Lambs unq: Flower and Butterfly
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    • 80 4 THE STRAITS tin price in Penang yesterday dropped another Ms 4 to $1,921 per picul, to stand (221 above the International Tin Agreement ceiling. Prices continued to ease following the Three Months standard weakness in London overnight, despite a smaller volume of tin ore offered by miners, but
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    • 230 4 UPI MORE THAN 1,000 people gathered on Wednesday at a reception on Capitol Hill in Washington to taste soybean foods, including Chinese delicacies, for a third International Soybean Fair. Earlier, the US Agriculture Department had released two important soybean announcements, an increase in
      UPI  -  230 words
    • 54 4 Reuter ARGENTINE oil mills crushed 143,900 tonnes of oilseeds in December 1978, compared with 171,725 tonnes the previous month, the Argentine Grain Board said. These broke down into 31,053 tonnes of sunflowerseed (52,251 in November, 1978), 51,804 tonnes of linseed (32,526), 2,735 tonnes of groundnutseed (9,244) and 58,308
      Reuter  -  54 words
    • 126 4 Reuter SHANGHAI. China's largest city, is to produce more export commodities to meet growing demand from foreign markets. The New China News Agency said more factories and workshops are being set up to boost the city's production. The 2,000 factories in the bustling port
      Reuter  -  126 words
    • 764 4 OILSEEDS: Brokers reported very quiet trading in oils and oilseeds yesterday morning with prices generally slightly easier where changed following the decline in Chicago. Dutch soybean oil displayed fractional losses with limited dealings including March delivery at 131 guilders, May/ July at 128 guilders and November/January at 118
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    • 72 4 C I-F North European ports. In U8 dollars oer ton unless otherwise stated LONDON: Malaysian 5* ffa bulk per tonne Thurs Previous May ®56alr 6*70slr Sumatra 5* ffa bulk March 710slr 712' islr April oaopd 002 sir May M6pd 077'j sir June OOOpd 000/062'. pd July unch 085/082't
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    • 631 4 THE 5 per cent surtax on the import of ginseng roots and other raw herbs for the preparation of Chinese medicine has been removed. Instead, the import duties on the two categories of raw medicinal ingredients have been revised to enable the duties to be collected
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    • 238 4 Reuter BOLIVIA will seek agreement with Malaysia to increase the two country's tin export earnings, Bolivian Mines Minister Jorge Echazu said in La Paz. Colonel Echazu said he will visit Malaysia, and possibly Indonesia and Thailand who are also major tin producers, starting at the end of
      Reuter  -  238 words
    • 195 4 THE US House Agriculture Committee begins voting next week on sugar legislation designed to protect American sugar producers from foreign competition. As the panel neared hearings on measures to raise raw sugar prices, Democratic Representative Peter Peyser said that he would try to kill the legislation when
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    • 346 4 Reuter THAILAND'S prices for all grades of rice for export rose US$5 (5510.85) per because of higher prices in Its local market, traders there said. The increase, which was also due to export contracts the Thai government has arranged, took 100 per cent first class
      Reuter  -  346 words
    • 77 4 Reuter INDIA will seek offers oo March 13 for about 240,000 tonnes of soybean oil and about 120,000 tonnes of rapeseed oil, US exporters said. The supply period will be from May 1979 to May 1980 of probably 20,000 tonnes of soybean oil and 10,000
      Reuter  -  77 words
    • 161 4 Reuter BRAZIL is not planning to cut back on the 1.1 million tonnes or so of soybean export quotas issued for the current crop, sources from the Foreign Trade Department of the Bank of Brazil (Cacex) said. The sources were asked if, in
      Reuter  -  161 words
    • 351 4 Reuter THE JUTE Corp of India said it will export 100,000 tonnes of raw jute of medium and low grades, without giving a timescale. Officials said the decision was taken to prevent a fall in prices and to prevent growers from switching
      Reuter  -  351 words
    • 65 4 Reuter THE Thai geverameat baa fdered a pnhe iito cMßiwdlty hi tares tradiag feitowtag empfatUi (ran the pahUc. A Thai Cemmeree Mhriitry searee mid Baak •f Thailaad ku bees Mked to report If II haa received appttcattoas far averaeu reorittaaees by arms tradiag ia
      Reuter  -  65 words
  • Page 4 Advertisements
    • 163 4 T' f J 1 1 I rwii Why WOOD' 79 is important to you. Between July 16 and *****9, South East Asia's leading businessmen and developers in the timber industry, and the world's most established manufacturers of timber equipment will meet in Singapore for Wood '79. the first International Forestry.
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  • OVERSEAS
    • 714 5 ARRIVALS Service Local Operator Number Time From SLA SQ101 0615 KUL MAS MH621 0840 PEN MAS MH607 0845 KUL MAS MH671 0945 PEN/KUL CAL CI806 1000 HLP CPA CX710 1006 HLP RBA B1323 1030 BWN GIA GA980 1030 HLP THAI TG423 1035 BKK SU SQ103 1045 KUL
      714 words
    • Article, Illustration
      441 5 EXPECTED ARRIVALS TODAY KEPPEL WHARVES Bunga Mas (1500 after Sinkiang) 18. Golden Season (0600 after Mazoa 1) 45. Kimanis (0600 20. King Lake (0600 after Golden Eastern) 22. Kota Sabas (0700 after Kota Panjang) 10 11. New Dragon (1300 after Nedlloyd Kimberly) 4. Pamela (0500 after Tochigi
      441 words
    • 429 5 AP REDACTING to Japan's Jitters over the possibility of a shutdown in US (arm exports, Agriculture Secretary Bob Bergland said on Thursday that no such plan is in the works. Mr Bergland said this assurance was given by President Carter "as recently
      AP  -  429 words
    • 179 5 AP THE UNITED States Senate on Thursday narrowly rejected a move by conservative opponents of President Carter's China policies to declare that a Chinese attack on Taiwan would threaten the security interests of the United States. With Vice President Walter Mondale on hand, the
      AP  -  179 words
    • 827 5 Reuter NYT LIBYA has informed all its major oil customers it will invoke a force majeure to reduce oil supply to them by 18 psr cent. The new arrangement will become effective on "further notice". The British newspaper Financial Times reported yesterday Libya
      Reuter; NYT  -  827 words
    • 309 5 AP THE NUMBER of airlines cancelling flights because of fuel shortages grew on Thursday as Allegheny Airlines, Lufthansa and the Flying Tiger cargo carrier announced they were curtailing their schedules. Lufthansa said its American fuel supplies had been reduced by 23 per cent this
      AP  -  309 words
    • 131 5 UPI BULLETS were fired by demonstrators on Thursday, and the storeroom of a large shop set ablaze as steel workers angrily clashed with riot police in Denain, a town in northern France. The French government and steelmill owners were forced to hold up plans to lay
      UPI  -  131 words
    • 280 5 UPI EXCEPT for oil imports, prospects are good for the United States to improve its trade balance this year. Commerce Secretary Juanita Kreps said on Thursday. The largest improvement should come in dealings with the industrial nations, partly because the decline of the dollar has
      UPI  -  280 words
    • 193 5 UPI UNDER pressure from shipowners, business lent heavily in the time-charter sphere where Continental grain featured in two bookings. They took the 43,793 dwt "World Nature" at U555,650 a day for a direct trip across from the US Gulf to Italy after March-April delivery while booking the 53.836
      UPI  -  193 words
    • WOULD IN BRIEF
      • 557 5 Agencies US CHIEF trade negotiator Robert Strauss said the chances for Congressional approval of the Multilateral Trade Negotiations (MTN) agreement are "reasonably good." He said he hopes the pact will be initialled by early April. Asked if he had sufficient business support for the agreement, he replied,
        Agencies  -  557 words
  • Page 5 Advertisements

  • 399 6 IT IS always embarrassing when that which is touted as the best, which has been praised by so many high personages and has been held up as a standard for so long, suddenly develops feet of clay. The questions raised by a reader about
    399 words
  • 295 6 THE INTEREST shown by the gigantic Orient Leasing of Japan in United Overseas Land is flattering testimony to its faith in Singapore. Amid all the uncertainty in South-east Asia, Orient Leasing has chosen to commit over $20 million in a long-term venture here.
    295 words
  • 1080 6  -  There are indications that Japan is cautiously opening up its capital market to foreign investment. But with mounting anxiety in the West about the size of Japan's trading surplus there is pressure for more than just cosmetic moves. ANDREW FISHER reports. ANDREW FISHER
    FT  -  1,080 words
  • Page 6 Advertisements
    • 70 6 <st 2 Where to wine and dine... 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
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    • 59 6 2 i "In the Georgian Vftne oftheCocfepit is a splendid Period restaurant Tttering the choicest tare inthetnje British tradition [ijantirlppr where good tasie triumphs from Beef Bunerfly fillet and a wide choice of traditional dishes. to dining in a luxurious period atmosphere. Vfth service friend and foe praise us lor
      59 words
    • 79 6 I lining Eiliipiwwmw Non>S Food Singapore's ■A. A 1 g. true, local flavour. A delicious blend of Indian, Malay Chinese rtcipes. Incredibly appetising/ i Cost $50 per table of 8 persons $10 additional person I Pnc« sublet to 3* C«»s 10% Service Charge ru i i- n r»3C6. Ist Floor,
      79 words
    • 36 6 V' > |V Celebrate your engagement, wedding, birthday or any other special ocossion with speciolrty cakes by renewed pastry cooks of Hotel Royal ftomoda. let us make your happy moments remembered. Contact: F B Department Tel: *****1
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    • 18 6 EXECUTIVE CHEF: LEO WALDMEIER. MAITRE D'HOTEL: WILLIAM TAN. SINGAPORE HILTON 2ND FLOOR For reservations ring *****3 extn 2536
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  • Page 6 Miscellaneous
    • 55 6 »T DOESN'T 9££Pn fpiQ Th*T V4C SHOULD MRVt R VRCMT R Plrne., B p» rnRnSOH, P\ COLLECTION lof Pe\cct£ss PFMMT^gs BnStoW- Rank I Tue r^prrr&i? U>»TH \<OU TQDfVy? Vt \V\ JUST PfiOLTT Sit? N£W VRCHT "Mou shp.lt mot come.l GoSS'S THOO SMPLT not cover Tuy boss's wajst MO* HISC*G,MOC HIS
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    • 898 6 Saturday's desert FOB WHAT Is -ippni f to be a Ml day of televtstoa viewing, RTB after* aasarprlslagly Utile. Apart frem FISH at MSpm, ehaaael 5, there to aethlag else to watch the whale aftenMM. May's eptoede to ealled "Lsve Thy Neighbear". Baraey Miller aa the toll PHI Ftah Is
      898 words

  • 1010 7 In an open letter to the chairman jof.the Federal Reserve Board, William G. Miller, local financial analyst, Donald F. Sinclair, shows that the recovery of the US$ is already more advanced than is generally realised. But the recovery is based on factors
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  • 617 7 THERE IS nothing wrong with an executive having a healthy conceit of his abilities. The shy retiring violet is unlikely to display the necessary tigerishness for the hurly-burly of the commercial world. However, such things can be carried to excess. Consider the case of the local
    617 words
  • 845 7  -  (FOBPMj r ...with Manolo Jara Depthnews FACED with an uncertain world supply situation and a rising oil bill, the Philippines is again imposing measures for energy conservation. These include measures that were implemented at the height of the Arab oil embargo five years ago
    Depthnews  -  845 words
  • Page 7 Advertisements
    • 301 7 and where to entertain HOTEL ASIA 37 ScotU Road, Singapore 9 Tel: J7BJW HOTEL EQUATORIAL 42V Bukit Timih Road, Singapore 10 GARDEN HOTEL Td******44 ,n f*P° re '0 GOODWOOD PARK HOTEL 22 ScofU Road. Singapore 9 Tel: *****1 HOTEL GRAND CENTRAL Td°*****4 C Ve,W,,h HOLIDAY INN SINGAPORE 25 Scotts Road.
      301 words
    • 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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  • COMPANY NEWS
    • 414 8 SHARP CURRENCY LOSS Reuter ,'ttOYAL DUTCH/Shell Group has suffered lower /'/ifel income of £1.09 billion compared with £1.38 billion after currency loss of £106 million against £22 mil- lion loss previously despite Mgher full year sales proceeds of £29.21 billion (£28.48 billion). Shell Transport
      Reuter  -  414 words
    • 273 8 Reuter THE COCA-COLA Company has reported record sales and profits for last year, aided by a 10 per cent increase in soft drink sales outside the United States. The company said it earned a profit of U*****.69 million last year compared With $331.16 million in 1977.
      Reuter  -  273 words
    • 99 8 Reuter HONGKONG and Shanghai Hotels Ltd said it expects to maintain dividends for 1979 at the same level as 1978. The company has declared a final dividend for 1978 of 50 cents, making a total of 75 cents, up from 50 the previous year, and
      Reuter  -  99 words
    • 227 8 Reuter SUN HUNG KAI Finance Co Ltd's total deposits fell to HK5446.03 million at end 1978 from $472.91 million a year earlier, while total loans and advances rose to $761.21 million from $725.58 million, the company's balance sheet showed. The Sun Hung Kai
      Reuter  -  227 words
    • 182 8 Reuter UNILEVER Ltd and NV said its full 1978 delivery volume increased some 3 per cent, while fourth quarter volume rose 7 per cent following a recovery to "negliable" growth in the fourth quarter of 1977. It added, however, that adverse exchange rate fluctuations
      Reuter  -  182 words
    • 168 8 Reuter IMPERIAL Chemical Industries Ltd said the company will continue to reduce costs wherever possible, but price increases will also be needed to restore profitability. It said in a statement, however, that many worthwhile investment opportunities continue to open up even in a low
      Reuter  -  168 words
    • 593 8 TOKYO Source: DBS-Daiwa THE MARKET was bullish yesterday, with attention centring on medium-sized blue chips including light-electrical issues. Individual investors and short-term traders were heavy buyers of incentivebacked issues such as Nippon Soda, Tokoku Hiryo and Mitsui Mining. Turnover continued relatively light with an estimated
      Source: DBS-Daiwa  -  593 words
    • 300 8 THE STOCK market yesterday closed mixed with an easier bias in slow trading, dealers said. Among the losers. Raja Finance fell 40 baht to 1620, Siam Cement. Bangkok Nylon, International Cosmetics and Vidhayakom six each to 470, 204, 732 and 294 respectively. Thai Farmers Bank rose four baht to
      300 words
    • 145 8 THE MARKET closed lower across the board yesterday, dealers said. Turnover, however, rose to 8.0 million pesos from Thursday's 6.8 million. Losers were Acoje Mining, Atlas Con B. Benguet Con B, Phil Overseas, Meralco and PLDT. Unchanged issues included Landoil B, Podco B, Pogei, Pioneer. Inco B, Ptcop B
      145 words
    • 66 8 FINANCIAL TIMES INDUSTRIALS Thursday 500.3 Wednesday 480.9 Week Ago.. *78.1 DOW JONES AVERAGE INDUSTRIALS Thursday 844.85 Wednesday 834 29 Week ago 815.84 LONDON DOLLAR PREMIUM Thursday 80 to 80'> Wednesday 79 J to 79 H.K.HANG SENG Friday 533 74 Thursday 528.28 Week ago 522.00 SYDNEY INDU8TRIAL8 Friday 488.79
      66 words
    • 359 8 Source: SHK Sec Ltd THE MARKET traded quietly upwards yesterday, reflecting a firmer trend in overseas stock markets and the report that Cheung Kong had gained a 25 per cent stake in Green Island Cement. Although G.I.C. hardly moved, Cheung Kong added 30 cents to HKSIO.OO while other property
      Source: SHK Sec Ltd  -  359 words
    • 381 8 STOCK PRICES closed mixed in active trading yesterday, dealers said. Ampol Exploration gained nine cents to A 51.64 while A.O.G. closed five cents ahead at 99 cents. BHP was erratic, climbing to $11-00 on the opening. falling back to $10.80 and closing at $10.85 for a net loss of
      381 words
    • 1429 8 NEW YORK CASINO shares were in the forefront on Thursday as the stock market scored a solid gain in active trading to reach its best level since late January. Analysts said wholesale price figures that were not as bad as expected and some hope that President
      1,429 words
    • 225 8 MAR 08 cs AhiUhi -W A Iran 44 SI i* Algoma 274 -s Bank Mont 24'* Bank Nova Scotia 234 unch Bell Tel 05*i Beth Corp BP Can LUI Z 23 >i v. Braacan 21* 4 Camp Red Lake 37B Can Imp Bk 27* Canpac 26> Canpac Inv Pf
      225 words
    • 315 8 MAR 0* Rand INDUSTRIALS A Alpha 143 .2 Abercom 245 10 AE And CI 415 5 A MIC 1250 unch Bar tows 530 2 Cg Sugar 500 -10 CN* 2006 Currlf Finance 96 unch De Beer* Ind 1500 unch Rriran 350 unch Edfar* 4000 unch Everead* 280 unch Fed
      315 words
    • EUROPEAN MARKETS
      • 120 8 MAR 0* Dm Acf-Telefunken nm -0l2 All* Vert 4®2J0 OA 13UC 1J moc as oa B Bayer 139 TO tu BBC e Clwm Virw Commerabank Conu Oummi Daimier-Beru 275 00 xn x max 306-00 »n« 0 OJ e ts Drmaf Drutache Bank Drcadner Bank Dt Texaco Djrckerhoff ST A
        120 words
      • 170 8 MAR 0* Prmoes Actions Sui—n AlnmHw Br. 2M ins •i +i Alimifw Rag 1 Brown Bowrl Br. m 1820 -s unch ClCM Ocio BrClba Oelc7 P C 13» 81B -i Clba Oelnr Km i Credit Sum* Br unci) 2X0 -jp Credit Bulaac Re« m -t Elektrovmu Br Oeorge Fischer
        170 words
      • 184 8 MAR H FU ABN XI DO 1 Ahold Ol 7 Akao AMFV Anlu Am rot Bank 30 JO KM lOt JO IB 20 ■U -0-5 -0J -0-2 sar OOP MOO unch Bote 00 10 -0J Borsumg Burtunann MOJO 73 JO -1 0.1 Bymkorf MJO 0J Caivt Drift Dill Mlj
        184 words
      • 93 8 MAR (M Fr» FORWARD MARKET Ae«c «t! ArtMd 231 3 -a AUur M Braaean 422 Bru-Lamb 17] -10 S unch can Coc pae mm Ml ♦2 D* Been 216 unch Eb* M4 6 unch Electrabel a#10 M Gb-Inno-Bm 2305 unch Oev ITU 4 Hobok 3090 -90 Peiro 25 Ryl
        93 words
      • 97 8 MAR a Lire Ante 3t Auoc ocn ***** •60 BaMor m Central* •t Flat M -IS FtnHder 1*7.25 -0 75 Oen Immub 7175 in Prt -36 11*1 ce menu IU1(U zz ST 400 unch Italalder ***** 1 75 Mt|i»u M PI 445 Marvill Ere 274 _a Med lob >4000
        97 words
  • Page 8 Advertisements
    • 250 8 This Month's New Penguins The Sixth Sense: 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' The
      250 words

  • BANKING AND FINANCE
    • 141 9 Reuter THE US narrowly defined money supply, M-l, fell US$l.7 billion to a seasonally adjusted $356.5 billion in the week ended Feb 28, New York Federal Reserve Bank reported. The broader M-2 monetary aggregate fell $700 million to a seasonally
      Reuter  -  141 words
    • 397 9 Reuter THE US Federal Reserve has been a net buyer of foreign currencies in its exchange market operations in the quarter which began on Feb 1, the New York Federal Reserve Bank said. In a foreign exchange press briefing this week. Fed
      Reuter  -  397 words
    • 85 9 Reuter PRESIDENTIAL inflation adviser Alfred Kahn has predicted a continued tight money policy Lb the immediate months ahead hat a loosening thereafter. He told the Senate budget committee that monetary restraint is playing its role now, while fiscal restraint is aimed at impacting Fiscal IMC, adding January
      Reuter  -  85 words
    • MONEY AND EXCHANGE$
      • 469 9 THE US dollar started trading on the foreign exchange market yesterday on a firmer level than its overnight close. Further support in the day saw the currency closing stronger against major currencies. Against the yen, the US dollar opened at 204.30/40 and was traded up to 204.60/ 70
        469 words
      • 197 9 Asian rates ASIAN currency deposit interbank rates as at close on March 9: I'S Dollars!Spoil Offer Bid 7 days 10'. 10'. 1 month 10'- 102 months 10. 10 3 months 10'. 10. 6 months 111/16 1015/16 9 months 11 10 12 months 10 15/16 10 13/16 Sm-.Fn. Dm*. (Middle Price*)
        197 words
      • 60 9 QUOTES on the Australia and New Zealand exchanges on March 9: AUSTRALIA: US dollar 1 1270 1.1222 Sterling 0 5557 0.5492 Ninety-day airmail buying rates: Sterling 0.5777 US dollar 1.1661 Ninety-day forward buying rates: Sterling 0.5617 US dollar ***** NEW ZEALAND: Reserve Bank mtdrate US$l 0566 Trading Bank indications:
        60 words
      • 50 9 Range of prices offered by discount houses on March 9; Overnight 4' Call deposits 4> to 4' Closing Buying Selling 3 month Treasury bills 4 7/16 4 5/16 3 month Bank bills 7 7 3 month CD 7*. 7' 6 month CD 7 7'i Source: National Discount Co Ltd
        50 words
      • 21 9 THE average rale ai which Singapore banks are currently prepared to lend to their best customers is 8 per cent.
        21 words
      • 58 9 FRANKFURT exchanges opening quotes on March 9: I'S ***** 30 n 8483 93) Can 1 5675 95 St;j 3.770 780 I) n 92.50 60 S Kr 110 82 111.02 l-il 2.202 210 K Vr 43 25 35 N Ki 36 40 50 II Ft (con> 6 305 315 B
        58 words
      • 240 9 SINGAPORE gold futures yesterday closed generally firmer after fluctuating narrowly throughout the day in moderate trading, dealers said. Turnover fell marginally to 279 lots from 355 lots on Thursday with interest centred on April, June, August and October contracts. April closed higher at U*****.50/ 70 an ounce compared with
        240 words
      • 316 9 THE DOLLAR opened firmer against major currencies but then dipped slightly in quiet, early trading dealers said. They noted the dollar gained strength overnight, perhaps as a reaction to Thursday's weekly US money supply figures and possibly also on Federal Reserve Bank support. Dealers said its strength may have
        316 words
      • 158 9 THE US dollar for overnight delivery yesterday closed firmer at 204.65 yen, compared -with a 204.40 opening and 203.60 at Thursday's close, despite central bank yen support intervention. The Bank of Japan sold an estimated US$3O million to $40 million at between 204.60 and 204.65 yen in afternoon trading
        158 words
      • 122 9 THE US dollar yesterday turned slightly firmer in late trading, reversing an earlier softer tendency while trading remained thin and featureless. dealers said. It edged higher to 204.60/ 70 yen from New York's closing 204.45/55, to 1.8530/ 40 marks from an earlier 1.8515 25 and 1.8525/30 in the US
        122 words
      • 51 9 RESULTS of tender held yesterday for 91-day Treasury bills to be issued on March 12 to March 16, 1979: Offered: $40,000,000. Applied for: (55,500,000. Allotted: $40,000,000. Accepted bids: $96.90, approximately 66 per cent; higher bids in full. Average rate of dlscouit or alletmeat: 4.400 per cent per
        51 words
    • 212 9 OVERNIGHT later teak fa ads la Malaysia stared to a high ef 25 per eeat la Thursday's cleslag as haaks scrambled far funds la a tight market. The tlghteeas was attributed to the flastlag af the HM million Malayalaa geverameat
      212 words
    • 112 9 Reuter THE US General Services Administration (GSA) has announced the offering on March 20 of approximately 1,500,100 fine troy ounces of gold from the stocks in the US Treasury. The gold is being offered on a sealed bid basis, it said. The offering consists of
      Reuter  -  112 words
    • 79 9 Reuter A PRICE of 99.25 per cent has been set for Canada's! 3.625 per cent, ten-year, 300 million franc bond issue which was floated on the Swiss market yesterday, Union Bank of Switzerland as issuing consortium leader said. The issue can be redeemed early from 1985. If its
      Reuter  -  79 words
    • 680 9 ASEAMBANKERS, which captured the limelight with its successful syndication of the M5475-million Sime Darby loan, the largest in Malaysia and Singapore, turned in pre-tax profits of $2.77 million about the same level as the previous year's $2.73 million. However, fee income reached
      680 words
    • 442 9 THE JAPANESE Finance Minister, Mr Ippei Kaneko, has ruled out the possibility of introducing a credit squeeze in Japan at the moment. Mr Kaneko told the Diet (Parliament) budget committee this week that he had consulted the Bank of Japan regarding
      442 words
    • 150 9 Reuter THE Finance Ministry has informed a syndicate of underwriters that it plans to issue 700billion yen of national bonds this month, compared with 100 billion yen in February. A syndicate spokesman said the March issues will comprise 400 billion yen
      Reuter  -  150 words
    • 334 9 JAPAN'S top banking official said Japan has no plans to issue additional government bonds or to boost its gross rate beyond 6 per cent to stimulate its economy and curb its trade surplus. Speaking during a break from the
      334 words
    • 157 9 Reuter THE International Monetary Fund said 17 bidders were successful at Wednesday's auction when it sold 470,000 ounces of gold at an average of U*****.68 an ounce. The IMF said there were 18 final bidders and it accepted SO of 127 separate bids received. It said it
      Reuter  -  157 words
    • 275 9 Reuter THE JAPANESE Finance Ministry said it has decided to extend the period for dollar conversion of yen-de-nominated bonds issued on Japanese capital market by foreign entities to one month from one week at present. The new step will be applicable to
      Reuter  -  275 words
    • 106 9 Reuter JAPAN'S seasonally adjusted average M-l money supply rose 1.4 per cent in January compared with December to 62.1 trillion yen and was 11.0 per cent above the January 1978 level, the Bank of Japan said. The adjusted average M-2 money supply rose
      Reuter  -  106 words
    • 41 9 Reuter JAPANESE SHORT-TERM meaey hemat* said they will cat call mwey rate* by 1.125 per eeat from today to 4.25 per eeat for everaigfct meaey aad to 4.5# per eeat far aaeeadtttoaal meaey, all leaders.— Renter
      Reuter  -  41 words
  • Page 9 Advertisements
    • 140 9 jninu Study with the OMT UNIVERSITY DDCDADAmDV PRERMMTORY SCHOOL TORONTO, ONTARIO UPS specialises in preparing overseas students for Grade 12 and 13 Examinations leading to entry to Universities and Colleges in Canada and USA. UPS is registered with the Ontario Ministry of Education and its Credit and Diploma courses are
      140 words

  • 1426 10 In Singapore BID and offer prices officially listed and business in and reported to tbe Slock Exchange of Singapore yeal*rdiy with the number of shares traded shown in brackets in tots of 1.000 units unless otherwise specified All Time Settlement Contracts are quoted
    1,426 words
  • 153 10 SINGAPORE UNIT RUR (Maaagars' prima tar Mar It) The Commerce 2.15 2-21 The Saving Fund 135 1.32xd S pore Prog Fund 0.94 O N S pore Sec. Fund 1.75 I N S pore Invest Fund 122 1.21 INCOME BOf (Carnal p Income Bond MARA BUMIPU" (Mnigin'tH— <D UNIT
    153 words
  • 2617 10 1978/79 High Low MPANY e^f> Last Sal* 4-or-Gr*« Div Div Cvr Gr's Y'ld Net P/E Vol Day COOO) High Low SECTION ONE INDUSTRIALS 272 132 Acma 190* 123* Alcom 178 107 Allied Choc 219 133 BAT 275 195* Bala 111 59 Ben 198 108* Berjaya Kawat 326
    2,617 words
  • 128 10 99 iol? 1/8/80 (*****0 > (***** WOTS* 15/8/80 (*****0 > (99.578 foOJBS) 1/8/81 <250 00 <'00.228 71S\ B/4/81 (*****0 > X F 1/yM (250.000) (100 108 100 20S) ft* 13/11 /84 250,000) (*****8 100.06S) 7* 1 ft/4/85 (250.000) (1008 SB 100.966) 7% 1 8/85 (250.000) (100.758 100.856) 7
    128 words
  • 1640 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 Aicwaa.ttS) A CW 11 21B) Bala <2 50B) (1)2.50 (1) 2
    1,640 words
  • 782 10 TRADING ea the Stock Exchuge sf Siagapare yesterday was typical af a market that waa eateriag a trsaattiaasl phase. It waa Jut teach aad ge meet ef the way with iavesters still —frirtlng a wait aai see attWaie. While ss maay rrtrraal far tan were
    782 words
  • 390 10 SHARE prices on the Kuala Lumpur stock market yesterday were marked higher initially, but the later retreated under a combination of light profit-taking and stale-bull selling. Some interest, however, was still evident in a couple of firm spots here and there, but the
    390 words
  • LATEST RESULTS
    • 33 10 Net profit 1840,000 ($610,000) on sales of $5.91 million ($5.35 million) for the whole of last year. First and final dividend 10 per cent tax exempt (nlll payable on May 14.
      33 words

  • COMPANY NEWS
    • 988 11  -  By MANO SABNANI A FAIRLY strong performance by the Malaysian subsidiary and the associate Rheem Hume group accounted for the continued growth of Hume Industries (Far East). Results for the first six months of the current financial year ending June 30 show the group
      988 words
    • 365 11 SSQISL™. by HOCK LOCK SIEW STEELY SUPPORT is clearly noticeable in al least tw« stocks daring this critical phase of the stock market. One of them, National Iron and Steel Mills, has seen consistent baying support especially around the It-level. NISM has enjoyed a good recovery
      by HOCK LOCK SIEW  -  365 words
    • 408 11 Current Ex Books Date Total for Total for Payment Date Close Payable the year Previous year YHS(Ml 2.5% Feb 7 Feb 20 Mar 12 15% 10% Wilkinson 14% Mar 17 Mar 19 Mar 27 21% 16% B Ktwit 6% ITE Feb 28 Mar 10 Mar 28 6%TE 10(a)TE
      408 words
    • 132 11 Company Particulars Ex Date Book* Close Sel Nut Nat Iron Bonus Issue of 2 for 3 Feb 28 Mar 10 Bonus Issue of 1 for 2 Mar 22 Mar 29 Duoiop Eat Bonus Issue of 1 for 5 Apr 8 NYA Apr 30 NYA P. Product* Toshiba Bonus
      132 words
    • 353 11 PAPER Products (Malaya) is continuing on its e x p a n s i on-through-acquisi-tion trail with the purchase of Federal Packages, a private company making packaging materials of paper and polystyrene resin, for MJ1.89 million in cash. At the end of last year, it substantially
      353 words
    • 143 11 BERJUNTAI TIN dredging has confirmed press reports on the position of its expired leases. The board has held further discussions with Kumpulan Perangsang Selangor Berhad (KPS) since early November last year and now confirms that the matter has been satisfactorily resolved. On March 1, KPS
      143 words
    • 673 11  -  By ANTHONY TAN LOWER operating margins at Robinsons' for the six months to last December suggest that final results will not see any significant improvement over the previous year. Total group turnover was 8.7 per cent higher at $24.6 million but the margin of
      673 words
  • Page 11 Advertisements
    • 1076 11 THE DEVELOPMENT BANK OF SWGAPOREIJD (Incorporated in the Republic of Singapore) To: All Shareholders NOTICE OF EXTRAORDINARY GENERAL MEETING Notice is hereby given that an Extraordinary General Meeting of the Company will be held at 11.00 am on 2nd Apri1,1979, at its registered office, DBS Building, 6 Shenton Way, Singapore
      1,076 words

  • 602 12 NYT WESTERN analysts said an Thursday that Chinese troops were withdrawing frdm Vietnam, destroying bridges, rail and road facilities and other installations as they made their retreat towards the border. The analysts' reports in Bangkok were given support by Hanoi Radio broadcasts
    NYT; UPI  -  602 words
  • 134 12 JAPANESE Defence Agency officials have expressed concern ever a passible naval clash between Chinese and Russian warships in the East uad South China Seas. Military experts at the Agency specifically mentioned the Hslnsha (Paraeel) islands in the South China Sea, disputed between China and Vietnam, as a
    134 words
  • 313 12 THE GOVERNMENT is making a major change on admission criteria for medicine and dentistry in the University of Singapore. For the academic year 1979 80, the intake will be 19 students or a 15-per cent limit, whichever is smaller. A statement issued by the
    313 words
  • 850 12 I-ONDON. Fri. Equities extended lecent gains but government bonds were lower on profit-taking in fairly active trading, dealers said. At 3.00 p.m. the Financial Times index was up 7.3 to 507.6. making a net gain of 23 points on the week. Equities made fresh headway' with end account
    850 words
  • 122 12 The Ministry of Defence will be short of some 90 fighter pilots and 30 transport pilots, and unless the Flying Training School (FTS) can increase its intake from the present 48 recruits to 168, this shortage is unlikely to be met. Disclosing this at yesterday's
    122 words
  • 307 12 A TOTAL of 111 privatesector development schemes worth $113.1 million were given building plan approvals in the last three months of 1978. Major projects which were approved included a $15-million shopping and hotel scheme at Marine Parade East Coast Road and a $13.2-million extension
    307 words
  • 230 12 THE opening of the $231 million port at Kuantan, east of Kuala Lumpur, has been put off indefinitely because of a crack at a wharf. The port was scheduled to open on Feb. 15. A team from the Asian Development Bank, which helped
    230 words
  • 114 12 AMERICAN business leaders in Asia and the Pacific, obviously resentful of the lack of support from their government, will discuss urgent problems in Manila from March 15 to 19. Officials of the American Chamber of Commerce of the Philippines said the special meeting will draw
    114 words
  • 36 12 CHINA has agreed to sell an additional quantity of 200,000 tonnes of crude oil to Thailand. Prime Minister General Kriangsak Chamanand said yesterday. The additional sale was made at the Thai government's request.
    36 words
  • 132 12 UPI THE United States wants Japan to increase government procurements open to foreign suppliers from the current US$4 billion (SsB.4 billion) annually to $7.5 billion. US embassy sources said on Thursday Japan should give foreign companies the chance to bid for at least a large
    UPI  -  132 words
  • 450 12 Reuter JAPAN'S gross national product rose 5.6 per cent in real terms in 1978 over 1977, when it rose 5.4 per cent from the year before. The Japanese Economic Planning Agency said GNP rose 10.7 per cent in nominal terms in 1978 from the
    Reuter  -  450 words
  • Page 12 Advertisements
    • 170 12 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 AiroondHaoiiing refrigeration equipment manufacturers are also having a comfortable time. They can play it cool;
      170 words
  • Page 12 Miscellaneous
    • 55 12 Outlook for Singapore from 6 a.m. to noon today: Fair. Report for 24 prior to TJI p.m. *n March at the airport. Maximum temperature 31.7 Associated humidity 68 Minimum temperature 22.6 Associated humidity 96 Hours of sunshine 5.30 Rainfall in millimetres 12,3 Total rainfall for the month 46.2 Total rainy
      55 words

  • LEISURE TIMES
    • 822 13 BOOK OF THE WEEK Title: livtag Crafts sf Malaysia Aatbar: MaMa Sheppard Pfcatagraphy: Harrl PeceiMttt Publisher: Times Beeks Price: $28.5* 114 pages Reviewed by Cetla Chee IT IS A humane book. One that describes with rare understanding and fine sensitivity the crafts of Malaysia.
      822 words
    • 1006 13  -  PURSUITS By MARGARET THOMAS THERE you sit, fork and knife poised over your Chicken a la King, when thud? whoomp! and your stomach is in your mouth and your dinner tray all over your neighbour. The lights flicker, women scream. The crew rush up the aisles.
      1,006 words
    • 912 14  -  PERSONAL FINANCE ...Insurance By JOHN TAN WHICH investment is best? The question has been asked since time immemorial by everyone with even a little money to put away. In Singapore, the problem is no simpler. Many are the stories told of fortunes to be .made
      912 words
    • Article, Illustration
      167 14 INTRODUCING Jam be Tennis, a new tennis game with jumbo racquets, and it will be making its first appearance in Singapore shortly, by courtesy of Cathay Pacific Airways, to mark the introduction of the 747 jumbos to the airline fleet. And to kick off the campaign, an association
      167 words
    • Article, Illustration
      120 16 EXECUTIVE FASHION "YOU MAY have documents and files, bat Jyou dont want to lag :them around in those rheavy, masculine contraptions your colleagues carry. You prefer something smaller, lighter, more in line with your general build and dress like this brief-case by Fendi in distinctive ivory (right). It
      Photos by J. Tan  -  120 words
    • 927 16  -  DESTIIATIOI with Ronnie Lim TWO HOURS past the Australian coast on flight SQ 89 from Singapore, a stretch of white shore appears in the distance, just across the horizon. More prominent perhaps, is a long, unbroken strip of cloud bank in the otherwise clear
      927 words
    • 627 16  -  By RAHIM KASSIM THE FUNKY sounds of disco music is best appreciated if you are actively involved you should either be making it or dancing to its rhythmic beat. Otherwise, it may prove to be unsettling, particularly if you've
      627 words
    • 754 16  -  By Jean-Claude Broustra FT "AND WHAT aire you going to drink?" "A bottle of Bordeaux." How many times is this question and this answer raised in medium restaurants in France and outside France' But asking simply for "Bordeaux" may not get you what you
      FT  -  754 words
  • Page 13 Advertisements
    • 44 13 Kbdacolor4oo film. for color prints Singapore Land 4s taking a sanguine view of the market. Page II A bewildering ehaiee of architectural styles JI Take a trip to New Zealand far a wide variety «f h01iday5.......11l There are brief-cases for ladies as well JV
      44 words
    • 187 13 ;\~,=^>}?"[}?%(!|!~%*!_>,!_+&\~ Mathematics and Statistics in Penguins v Mathematical Carnival: Martin Gardner A piece of solid iron in the form of a doughnut is heated. Will the diameter pf its hole get larger or smaller? Just one of the maddening but uniquely entertaining puzzles that make up Martin Gardner's latest collection.
      187 words
  • Page 13 Miscellaneous

  • PROPERTY
    • 710 14  -  By TEO TECK WENG PROPERTY GIANT Singapore Land is convinced now that the office space demand trend is clearly upwards and will soon begin work on its proposed $140 million Raffles Tower. While awaiting the final go-ahead from the relevant government authority,
      710 words
    • 262 14 THE AWAKENING interest in home ownership has prompted several property developers to relaunch the sale of their housing schemes. One of them to do so is Far East Realty which Is now re-offerlng its Chaagl Complex housing scheme for sale many months after its
      262 words
    • 389 14 A DIVERSITY of papers will be presented at the South-east Asian Survey Congress which officially Opens in Singapore on Monday. Papers on modem applications of computers in project and resource management will contrast with papers on history and development of the profession in the region. Latest techniques in
      389 words
    • 317 14 CENTURY PARK Sheraton, Singapore's newest hotel, will soon appoint a new managing director. Mr Seiji Naktthima, 38, is expected to take up post in mid-May to replace the outgoing managing director Mr. Koji Yamashita who will leave for Tokyo. The hotel is owned by ANA Hotels Singapore in
      317 words
    • 112 14 THE SEVENTH sale of Urbaa Redevelopment Authority (URA) sites for private development is aeariag Its closing date far tender snbmissinn. Tenders far land parcels one to 15 (all sites an the main islaad) will ctose an March 15 while tenders far Marina Centre site will
      112 words
    • 1309 15  -  By TSANG SAU YIN OVER the last decade, local architecture has been characterised by a sheer diversity of styles representing influences from other countries. Every major architectural style in Japan, the US or Western Europe has found expression in some way or other
      1,309 words
    • 371 15 SINGAPORE Interests represented a beat 3$ per eent of the applications for the ground floor in Phase Two of "Hongkong/USA", a $351-million condominium, commercial shopping complex to be built in Oakland, California. The project covers four podiums each containing six storeys of shopping
      371 words
    • 230 15 IN THE increasingly busy suburb of Upper Serangoon Road, a six-storey apartment block stands rather prominently at the 9.5-km mark, the only one of its kind in the area. Named Serangoon Apartments, it is this very prominence that has become the selling point for the flats, noted Continental
      230 words
  • Page 14 Advertisements
    • 393 14 lime' SANDWAWKES Her sensotiono! Jf true account of H six days and nights S with a psychopath moss murderer KILLING TIME by Sandy Fawkes Sandy Fawkes felt like screaming inside. The man she'd spent six days and nights with "a cross between Robert Redford and Ryan O'Neal" had just been
      393 words

  • Page 15 Advertisements
    • 325 15 <&:\]\+;@>"\*@-;^.\|'-<+!_}<<={ Richard Ellis C.H.Williams Loh (Pte) Ltd. International Property Consultants FOR SALE COMPLEX Three separate warehouse/ workshop buildings. Showrooms and offkes facing the road. Floor areas: Office 650 m 2 Showroom Its m 2 Workshops/Warehouse 3600 m 2 Site: $959.7 m 2 Master Plan Zoning: General Industry FREEHOLD TITLE Pricc:
      325 words
    • 284 15 PRIME RESIDENTIAL PROPERTIES FOR SALE LEASE A: DETACHED HOUSES Coronation Road (11) $500,000 Coronation Road (11) $350,000 Joan Road (11) $350,000 Watten View Condominium (11) $240,000 Ford Avenue (11) $750,000 Bukit Sedap Road (10) $400,000 Belmont Road (10) $595,000 Lewis Road (10) $400,000 Leedon Road (10). $400,000 Holland Road (10)
      284 words

  • Page 16 Advertisements
    • 330 16 GOOD READING FOR ALL RAREKTS I W Learning Through Play is a book chock full of ideas for simple games, activities and 1 experiments, designed to help children develop their minds and bodies. Babyhood should be required reading not only for all parents but for every doctor or nurse in
      330 words