The Business Times, 31 March 1979
1979-03-31
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The Business Times
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Title Section11 1979-03-31 1 BUSINESS TIMES M.C.(P) No. 146/1/79 SATURDAY, MARCH Jl, 117* so CENTS11 words
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BRIEFLY...
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Article93 1979-03-31 1 UPI CARACAS, Venezuela, Fri. Venezuela will raise the price of its oil begining from April 1 in line with the recently adopted Opec decision calling for a 9 per cent increase, a high-ranking Energy and Mines Ministry official said today. The official announcement is scheduled toUPI - 93 words
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Article76 1979-03-31 1 AP CAIRO, Fn. Even if hardline Arab opponents sever all aid, trade and political ties to punish Egypt for signing a peace treaty with Israel, it is unlikely to bring Egypt to its knees. The reason, economists say, is that Egypt's trade has long been oriented toAP - 76 words
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Article64 1979-03-31 1 AP CANBERRA, Fri. The Dillingham Corporation, a US mining firm, is threatening to take the Australian government to international courts over compensation for loss of revenue from beach sand mining. Australia's acting Trade and Resources Minister, Peter Nixon, announced today that a government offer of As 4AP - 64 words
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Article62 1979-03-31 1 Reuter LONDON, Fri.— Ireland today broke its traditional currency links with Britain, under which the Irish pound has always traded as equal to the British pound sterling. From now on, the two currencies, which are used in the bulk of trade between Britain and Ireland, will fluctuateReuter - 62 words
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Article77 1979-03-31 1 UPI LONDON, Fri. Stock markets were much calmer today after the recent bout of activity. Opinkfn polls showing the Conservative Party with a reduced edge over Labour caused some disappointment and there was also surprise at the large Liberal Party majority at the edge hill by-election. In theUPI - 77 words
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Article46 1979-03-31 1 AP NEW DELHI, Fri. India hinted today it would seek nuclear weapons if neighbouring countries such as Pakistan get them. "The possibility of Pakistan developing explosion capability is of understandably grave concern to India," External Affairs Minister A. B. Vajpayee told Parliament. AP.AP - 46 words
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Article64 1979-03-31 1 AFP JAKARTA, Fri. A new air service using Airbus-300 is scheduled to be opened by Thai Airways this Sunday between Bangkok and Jakarta via Singapore. For the first time an Airbus 300 will land this Sunday at Jakarta Halim Airport. A special ceremony featuring Javanese traditional dances willAFP - 64 words
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Article66 1979-03-31 1 UPI NEW YORK, Fri. The stock market pushed higher early today in moderately active trading. The Dow Jones industrial average, which managed to gain 0.52 point yesterday, was ahead 0.78 point to 867.54 around 11 a.m. Advances led declines, 558 to 396, among the 1,480 issues crossing theUPI - 66 words
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Chief Price Changes
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Article, Illustration193 1979-03-31 1 Rises 'Most Active Kramat 336 Lower Perak 350 Berjuntai 825 Shangri-La 550 High A Low 416 DBS 480 T Harbour 404 W Jacks 157 Gentings 362 J C Ent 124 Batu Kawan 237 A cm a 234 Sel Properties 225 Dunlop Est 436 Falls Ayer Hitam Tin 1200 Metro193 words
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Article313 1979-03-31 1 RULES and regulations to ensure that buildings are up to standard are needed because developers are more interested in maximising profits. The Government is currently considering rules that relate to the design and lay-out of floor plans of proposed projects. For major ones at prestigeous313 words
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755 1979-03-31 1 WANG LOOK KEAH - OIL FIRMS SEEK HIKE By WANG LOOK KEAH SINGAPORE Airlines is currently renegotiating its aviation fuel contracts with oil companies here, as its current contracts are expiring any day now. The national carrier is believed to be attempting to secure more favourable rates than755 words
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551 1979-03-31 1 JAPAN Airlines (JAL) has worked out a programme to cope with low fares on one hand and escalating oil and labour costs on the other. The trend towards low fares despite the high operating costs has put the airline industry in a spot.551 words
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Article117 1979-03-31 1 PEKING is soon to have the China Foreign Trade Centre, a high-rise structure of 30 to 40 storeys, to be built near the Tien An Men Square, Chase Manhattan Bank's chairman, Mr David Rockefeller said in Hongkong yesterday. The trade centre, believ- ed to be the biggest in117 words
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267 1979-03-31 1 SINGAPORE'S rabber market saw April 1 888 kiyeri breaehlsg 27# mlb a kite yesterday as speculative aad tniag latercste paM the price ap Marty three eeate defere teach. The market, hewever, taM the day with April at Mfctt eeate, ap 1.15 ceata frem267 words
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614 1979-03-31 1 Goh Eng Kee - By Goh Eng Kee THE REVISED education structure as outlined in the Report on the Ministry of Education 1978 received the unanimous support of Parliament yesterday after a historic four-day debate. Reflecting the contributions of the Members and the people they represent, the House614 words
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Page 1 Advertisements
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Advertisement9 1979-03-31 1 SINGAPORE BUSINESS The Business Magaz m? SEE BACK PAGE9 words
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Advertisement105 1979-03-31 1 SEE PAGE 2 n 4 \c> y.l Irs Time YOU OWE lb BUM WEST. 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 golfing equpment Confidence. Honma. Lynx to name a few Drop105 words
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Advertisement26 1979-03-31 1 LEISURE TIMES Wyatt Earp. ROLE «f tea MBL ail CvMerg: Na tottan u si —fin II UK iwh wut to hir Md* in: l> HIT ctt:26 words
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Advertisement39 1979-03-31 1 COPIES ANYTHING. FITS ON A TABLE-TOP. MINOLTA EP-1 8m Back Pane, C«i CQMETOCONTI KJRTOE REAL POSSIBLE •DIAMONDS •JEWELLERY •WATCHES •IVORIES •CURIOS •PENS LIGHTERS•PERFUMERIES LUCKY PLAZA LOWER GROUND 2*3 Main entrance facing Orchard Rood SINGAPORE 9. TEL: *****18 z o39 words
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TRADE AND INDUSTRY
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518 1979-03-31 2 FONG MEW LENG - By FONG MEW LENG THERE is an urgent need to assess the future town planning needs of Singapore to ensure the maximom use of land and the preservation of its garden city image. Mr A.G.S. Danaraj, the president of the Singapore518 words
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Article97 1979-03-31 2 THE ECONOMIC Society of Singapore held its Annual General Meeting last Saturday at the Regional English Language Centre. A two-day symposium on Issues in Public Finance was held prior to this. The society's president, Professor Lim Chong Yah, reviewed the activities dur- ing 1978. He also disclosed97 words
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Article, Illustration305 1979-03-31 2 MR Taay Ng has joined Kenyon and Eckhardt as its production manager. He was last with Fortuna Advertising. Mr Ng has also worked with Unique Advertising, Ted Bates and Time Art. The appointment of Mr Ng is part of the Kenyon and Eckhardt group's policy of appointing305 words
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123 1979-03-31 2 THE JAPANESE icebreaker, Fiji, will be visiting Singapore on April 1, after its scientific expedition in the Antarctic. The Fiji is a 7,760-tonne vessel which transports food, fuel and instruments for use at the Showa Base in the Antarctic. Observation teams at the123 words
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Article111 1979-03-31 2 AT ITS recent annual general meeting, the Association of Accredited Advertising Agents Singapore (4As) reelected Mr. Vince Khoo from Adcom Advertising as its president. Mr. Lee Fong Yuen of Henry Chia Associates is vice-president, Mr. Eddie Chan (Ogilvy and Mather) is honorary secretary* Mr.111 words
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Article87 1979-03-31 2 THE Department of Extramural Studies of the University of Singapore will hold a 12-lecture course on introduction to business data processing systems in Nissen Hut 6A, every Tuesday and Friday 'from April 6 Mr Tan Kay Tiow, a system analyst, will run the course. Another eight-lecture course87 words
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Article69 1979-03-31 2 Reuter JAPAN'S Economic Planning Agency director General Tokusaburo Kosaka said he does not think it is necessary for Japan to revise its official economic growth forecast of about 6.3 per cent for fiscal 1979 beginning next month following the recent Opec decision to raise crude oil prices. HeReuter - 69 words
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481 1979-03-31 2 FOO CHOY PENG - By FOO CHOY PENG THE UNITED States has offered to help China modernise its flour milling and baking industries, according to Mr Gene Vickers, vicepresident of Western Wheat Associates, a organisation that represents American wheat producers' interests. Some wheat proposals were put to481 words
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Article528 1979-03-31 2 COURSES AND TALKS Feb 5-Apr 14: Diploma in Life Insurance, SITC, SITC March-July: Personnel Management Concept Scope and Functions, Holiday Inn, Personnel and Organisation Development Mar 20-April 6: Manpower Planning and Employee Recruitment, Holiday Inn, Personnel and Organisation Development Mar 26-April 3: Introduction to Insurance, SITC, SITC Mar528 words
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280 1979-03-31 2 THE demand for gold is now as strong as ever and the metal's price has been soaring despite attempts to replace it with an international currency special drawing rights. In general, with each auction of International Monetary Fund and US Treasury gold, the280 words
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Page 2 Advertisements
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Advertisement556 1979-03-31 2 SOUTH EAST ASIAN BANKING AND FINANCE CONFERENCE 19TH AND 20TH APRIL 1979 Sponsored by Financial Times and Business Times .The Conference will cover maior political, economic and commercial questions of interest to the regional and worldwide business communities. The Hon. Mr. S. Rajaratnam, Minister for Foreign Affairs, Singapore will be556 words
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REGIONAL
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522 1979-03-31 3 THE RUBBER Producers' Council (RPC) of Malaysia welcomed the progress of Common Fund negotiations and the news of a positive change of heart on the part of the United States towards the producing countries' proposals for a rubber price stabilisation scheme. Its new chairman,522 words
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322 1979-03-31 3 AFP TAIWAN'S economic growth this year may slow down drastically if worldwide oil supplies continue to decline. Chairman of the Council for Economic Planning and Development K.H. Yu told Taiwan's National Association of Industry and Commerce that if Taiwan is hit by aAFP - 322 words
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Article, Illustration579 1979-03-31 3 A ROYAL Australian Air Force corporal has become a local celebrity as the builder of what his comrades like to call "the biggest smallest plane." On a recent afternoon at Edinburgh Airfield in South Australia, almost everybne, from top brass to raw recruit, turned out579 words
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Article388 1979-03-31 3 SULTAN Ahmad Shah of Pahang, who became Malaysia's acting Yang Dipertuan Agung (elective king) yesterday, is an active sportsman in polo. He owns a string of polo ponies and has led the Pahang Royal Polo Club in matches in India, the Philippines and Singapore. Tunku388 words
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Article141 1979-03-31 3 Reuter FURTHER action is needed to reduce Hongkong's trade deficit, said the chairman of Jardine, Matheson and Company, Mr David Newbigging Speaking at the Legislative Council budget debate, he said the HKJI2-billion deficit (about 5J5.2 billion) implied in the budget from the coming financialReuter - 141 words
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549 1979-03-31 3 THE Malaysian National Electricity Board's loadshedding exercise which began on Thursday has affected a number of industries in Peninsular Malaysia. Most of them have had their power supply reduced. Sources said that some 50 factories in Petaling Jaya, Shah Alam and Klang were549 words
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612 1979-03-31 3 AP THE Japanese government appears to be edging toward a reversal in economic policy one that is certain to upset European and US officials, and give Japan a rough time at an economic summit in Tokyo this June. Two years ago, Japan, theAP - 612 words
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364 1979-03-31 3 PLASTICS manufacturers in Malaysia are being badly affected by the severe shortage of petroleum-based raw material used in the manufacture of plastic products. There is generally a shortfall of about SO to 60 per cent of normal supplies and the prices of what is364 words
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Article35 1979-03-31 3 AN 11-member Japanese investment survey mission from the Tokyo Chamber of Commerce and Industry arrived in Kuala Lumpur on Thursday night for a six-day visit. The mission will study investment Malaysia.35 words
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191 1979-03-31 3 MALAYSIAN Airline System (MAS) will make Its twice-weekly flight to Frankfurt a regular feature with the signing of a "memorandum of aaderstaading" between Malaysia and West Germany far Increased reelprseal flights between the two countries. MAS prevtonsly had righto far aae landing a week191 words
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Page 3 Advertisements
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Advertisement105 1979-03-31 3 Melwani's Surprise Specials! AH Designer Shirts at Half~price! 3 days only! March 30.31& April 1. From the fashion houses of: Givenchy John Langford Cardin Van Laack Pierre Balmaih Marrin Carven Dada Guy Fleury Cavallo Dior Roland Kosser Stefano Ricci Cachet D'or Ferragamo Pancaldi Carlo Lavatelli and many more A fantastic105 words
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Page 3 Miscellaneous
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Miscellaneous611 1979-03-31 3 II TWO-IM CRYPTIC PUZZLE ACROSS 1 Room to keep things apart (5) 6 Illegal barrier? (5) 9 Fish with a haddock's head, the rest built differently (7) 10 Four-legged toast-maker (5) 11 A ruddy well-known swimmer! (5) 12 Be a student of sterling merit? (5) 13 Thrower of ball or611 words
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RAW MATERIALS
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535 1979-03-31 4 AFP AP THE STARTING date for the sugar stock financing fund has been put back from April 1 to July 1, because of the United States' failure to ratify the International Sugar Agreement, a spokesman for the International Sugar Organisation (ISO)AFP; AP - 535 words
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Article95 1979-03-31 4 AFP THE Philippines is considering exporting sorghum, possibly to Japan and Taiwan, National Grains Authority administrator Jesus Tanchanco said. Mr Tanchanco said that Taiwan and Japan had shown interest in buying sorghum, of which the Philippines produces about 50,000 tonnes a year. Mr Tanchanco said theAFP - 95 words
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353 1979-03-31 4 Reuter JAPANESE Ministry of International Trade and Industry sources said 44,070 tonnes of electrolytic copper owned by the Metal and Mineral Products Stockpiling Association are likely to be released to domestic smelters betore August, 1962, in view of a rapid recovery of theReuter - 353 words
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318 1979-03-31 4 Reuter DEMAND for oilmeals in the EEC, Spain and Japan remained excellent in the first four months of the current season, October/January, rising around 13 per cent in October/December against 11 per cent in the same period last year. Oil World, the HamburgbasedReuter - 318 words
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Article289 1979-03-31 4 OPENING prices in Singapore yesterday were marked up initially. The market gained further in fairly active dealings on trade and speculative buying coupled with weekend covering. The Malaysian holiday due to the death of the Malaysian King depressed prices slightly and profittaking emerged later to pare the gains, dealers289 words
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Article189 1979-03-31 4 R A S. 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. 270.75 271.75N 269.25 270 25N Int. 1 R.S.S April 270.75 ***** 269 25 269.75 Int. 1 R.S.S May 268.75 269 75 267 25 267.75189 words
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Article102 1979-03-31 4 NOON SSR and SMR prices RA8 SSR 20 (1-ton pallet) SSR SO <1 ton pallet I •MRELB yaatardajr (CarnSkMth) Buyer* Sellers 256-00 260 00N 255.00 257 00N *i» (F»r»ti4 Mth) Buyers Sellers 259 00 261 00N ***** 2S800N SMRCV SMR5L SMRGP SMR 5 SMR 10 SMR 20102 words
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496 1979-03-31 4 LEVELS climbed another 12 cents in active trading in the week ended March 29, taking the current month to a high of 268 cents (Singapore) per kilo, in extension of the bull trend which started out at 244 cents in early March, breaching in496 words
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Article339 1979-03-31 4 SINGAPORE: Yesterdays closing prices In SJ per kilo, ex-godown THAI WHITE: 100 per cent first class (Kangaroo) new crap 0 95, 100 per cent second class 0.85, 100 per cent third class 0.83. 25 per cent new crop no stock. B-10 per cent 075 THAI BROKEN A-super 0 82.339 words
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Article38 1979-03-31 4 THE STRAITS tin price tat Phmc yesterday fell nail to $I,MI per pieal, to stead $2tt abave the lateraatleaal Tta Agreement celling. Tnrnever rese to 177 Isaacs (ram Tharsday'g ltt toaaea. The marhet to clesed today.38 words
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Article25 1979-03-31 4 Rubber March 30 Singapore: April: 269.25 cents (up 1.75 cents) Malaysia: Closed Tin: $1,960 (down $10) Official offering: 177 tonnes (up 17 tonnes)25 words
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Article148 1979-03-31 4 THE SUGAR futures market yesterday continued Thursday's quiet trend with no trades registered, dealers said. May closed at 8.55/61 US cents against Thursday's 8.62/65 close, January at 9.40/50 against 9.45/56 and March at 9.75/85 against 9.87/90 cents. Sugar futures closing prices: PkvWh (Mi| Ctaatmg May 8.55 61 8.62148 words
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Article190 1979-03-31 4 YARN and cotton prices were quoted as follows in Hongkong yesterday: (In HK dollars, spot ex-godown) Csttsa yarn: China Blue Phoenix 20s 2.450; 32s 2,980 40b 3,110 (per bale of 400 lbs). Pteee km*.- China Butterfly and Globe brand unq; Dragon Head unq; Five Lambs unq; Flower and Butterfly190 words
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Article139 1979-03-31 4 CHICAGO soybean futures closed off nine to 3Vi US cents a bushel in active trading on Thursday. Traders said falling CBT silver futures, sparked by the narrowing of the US trade deficit in February, prompted selling that took prices through commissionhouse sell-stops. However, commission houses and commercials were the139 words
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Article116 1979-03-31 4 WHEAT futures closed down eight to 3'/« US cents a bushel in Chicago on Thursday. Weighing on the market was the cancellation by China of a previously-report-ed purchase of 300,000 tonnes of wheat, as well as rumours of further cancellations by other countries, traders said. An additional negative was116 words
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Article321 1979-03-31 4 TRADING on the Singapore produce market ended the week on a quiet note yester- day. Ptpper prices were off by $2.50 all round, which dealers attributed to lack of demand by overseas buyers who have been put off re- cently by the firming prices. Yesterday, fresh arrivals totalled321 words
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Article938 1979-03-31 4 s OILSEEDS: Brokers said European consumer buying inquiry along with export potential supported early deliveries S of soybean oil during the morning yesterday, s May deliveries of Dutch production traded at the fully t steady rate of 136.50 guilders per 100 kilos ex-mill while j Belgian oil sold938 words
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Article79 1979-03-31 4 CJ.F North European ports. In US dollars per ton unless otherwise stated LONDON: Malaysian 5Hffa bulk per tonne May Sumatra 5* fra bulk March April May Tmts PM»I— 684s Ir 074slr unch TOlslr 702 pd eeopd 082 1 /0B5pd 6 9 0 s 1 r 887' pd 6B2'79 words
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Page 4 Advertisements
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Advertisement267 1979-03-31 4 <r <" vs L^\ V* V- > *x vN^ xA oW >40^ V^ v c vS o> vi^V O* fc* x that's the inevitable conclusion reached in the most comprehensive agricultural survey ever undertaken in Asia. And it will happen sooner than expected within the next decade in fact. The267 words
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Advertisement9 1979-03-31 4 i MffleUl eMag prices sf Lm4m metals m hack9 words
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OVERSEAS
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Article738 1979-03-31 5 ARRIVALS Service Local Operator Number Time From SIA SQ913 0015 HKG SIA/BA SQ BA17 0700 LHR/BAH MAS MH601 QT700 KUL MAS MH682 0725 KCH SIA SQ101 0815 KUL MAS MH621 0840 PEN MAS MH607 0845 KUL MAS MH67I 0M5 PEN/KUL CAL cm 1000 HLP CPA CX710 1005738 words
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Article, Illustration360 1979-03-31 5 EXPECTED ARRIVALS TODAY KEPPEL WHARVES Fukushima Maru (0730 after Golden Bear) 18. Gudrun Bakke (2359) 6/7. Hoegb Opal (1400 after Melampus) 35/36. Kota Singapura (0700) 42/ 43. Melampus (1100) 38/39. Nedlloyd Fuji (after Nedlloyd Fukuoka) 3/4. Rajah Brooke (0730) 20. Tacoma Maru (1300 after Pateverett) 45. Viminale360 words
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Article, Illustration716 1979-03-31 5 Reuter BRITAIN will have its 11 th general elections since World War n on May 3, and three public opinion polls published yesterday showed the opposition Conservatives comfortably ahead of the Labour government. An average of the three surveys of voting intentions putReuter; UPI photo - 716 words
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Article324 1979-03-31 5 Washington Star NEGOTIATIONS between the US Teamsters' Union and the nation's trucking industry have hit a new snag and time will run out as the clock strikes twelve tonight. Both sides met late into the evening in an Arlington motel on Wednesday, but new economic offersWashington Star - 324 words
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WORLD IN BRIEF
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Article400 1979-03-31 5 Agencies THE Hongkong government has asked an American firm to conduct a study on the possibility of building a second airport in one of the outlying islands, a government spokesman said on Thursday. The Hongkong Civil Aviation Department had signed an agreement with Parsons Overseas Company ofAgencies - 400 words
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Article180 1979-03-31 5 UPI ATTENTION switched from Japan's grain imports to that country's coal imports when the Maris Huntsman obtained the very firm rate of US$l4.lO (discharge free) for a 55,000-ton April 15-25 shipment from Hampton Roads to Japan. Last week, a similar consignment was arranged at {13.50. North and SouthUPI - 180 words
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183 1979-03-31 5 Reuter THE Conference Board Inc chief economist, Mr Albert Sommers, said the US economy will soon go into a recession that will last till early next year. Mr Sommers said in London on Thursday that the recession will help to reduce inflation, perhaps toReuter - 183 words
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111 1979-03-31 5 Reuter TWO MAJOR American car manufacturers, struggling with an oversupply of cars and trucks, have scheduled temporary closings of some plants across the United States that will affect nearly 27,000 hourly-rated workers. From Monday, the two companies, Ford Motor and Chrysler Corporation, respectivelyReuter - 111 words
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522 1979-03-31 5 UPI PRESIDENT Carter said "basic changes" in US oil pricing practices are "inevitable," an acknowledgement that he will decontrol prices to some degree. It is the first time Mr Carter has indicated publicly that he will lift controls from domestically produced oil aUPI - 522 words
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Article282 1979-03-31 5 NYT MEXICO is expected to sell its oil at U5515.30 a barrel after April 1, maintaining a differential over the Organisation of Petroleum Exporting Countries' base price owing to cheaper transport costs, according to oil experts in Mexico City. But the state oil monopoly, PetroleosNYT - 282 words
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Page 5 Advertisements
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Advertisement20 1979-03-31 5 tf -W1 i 4 VS «-> V.%1 Sr T| Clothes and accessories 116 Show Centre. Tet *****25. Also open on Sunday20 words
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409 1979-03-31 6 THE commitment to a better education system has been made. This is not tp say that an improvement is guaranteed only that with the' unanimous vote in the House yesterday, the pledge to work towards the establishment of a new education order now binds409 words
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Article378 1979-03-31 6 THE British threat to curb imports of Japanese products is but the first sign of European exasperation at the tardy way the Japanese have reacted to various attempts at getting the country to open its market to imports. British trade unions are not the378 words
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1604 1979-03-31 6 JAMES BELLINI - EASY LIVING FOR COMPANIES By JAMES BELLINI Financial Weekly TRY IT on your friends. Is there a fiscal paradise that beats them all, but remains so secret that not even its citizens are privy to its charms? The answer is Britain. To the foreign financierFinancial Weekly - 1,604 words
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Page 6 Advertisements
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Advertisement210 1979-03-31 6 APOLLO HOTEL Havelock Road. Singaore 3 Tel: *****1 AMBASSADOR HOTEL ***** Meyer Road. Singapore 15. Tel: *****11 CENTURY PARK SHERATON Nassim Hill. Singapore 10 Tel: *****7 CHEQUERS HOTEL 418 Thomson Road. Singapore 11 Tel: *****66 COCKPIT HOTEL 6 7 Oxley Rise. Singapore 9 Tel: *****1 GREAT EASTERN HOTEL 401 Macpherson210 words
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Page 6 Miscellaneous
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Miscellaneous18 1979-03-31 6 BriStcW :fktakDictens PiH'.— SCXJNDS UK£ -THC fbSTpnRM w Does Tv4\S W6AP OF SCChP ON mv U OooßmPiT ro^Pi^P18 words
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Miscellaneous806 1979-03-31 6 Late-night heroes FANB OP Onn Welle* la whlefc he start, it 2pm May. He kai "TivaMe la the Gtea" wtth Ftrrat (m paa lateaM) Taeker. Margaret Leekweed plays tke sapMrtlag rale. FU f*U«wB at Mlpm (aIM rhawl S) la aa epiule called "Uvf la Blwa". Tke levakle Phil lag wife806 words
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1095 1979-03-31 7 ANDREW YEO - Even after yesterday's parliamentary session the debate on education will rage on. Implementation is now the keynote and much will hinge on who does the implementing. ANDREW YEO, himself a former teacher in Singapore, argues that it is crucial for educationists, not administrators,1,095 words
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915 1979-03-31 7 .BRITISH Prime Minister James Callaghan pushes his spectacles off his round, beaming face, shrugs his big shoulders, and gently pokes fun at the person he always describes as "the honourable lady". The target of his banter is Margaret Thatcher, 53, leader915 words
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Article678 1979-03-31 7 A J Coamber, Philip A Deer, John D, Peter J Sutberland, Tan Jing Hee, Leslie K C Wong, Yeo Eng Swee - Letter to the Editor A J Coamber, Philip A Deer, John D, Peter J Sutberland, Tan Jing Hee, Leslie K C Wong, Yeo Eng Swee Dear Blt, As you are probably aware the annual Report Award Working Committee has been delegated the responsibility for making the678 words
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Article831 1979-03-31 7 Dzonni Yeiou - [FORUM i ...with Dzonni Yeiou TO SAY that land costs will dictate the prices of new properties seems to be stating the obvious. But when the seemingly obvious rests on nothing more than "mis-applied economics," the subject is wellworth examining. Examination of the subject is831 words
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Page 7 Advertisements
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Advertisement349 1979-03-31 7 where to entertain HOTEL ASIA 37 Scolli Road. Singapore 9 Tel. 378JJMf a ll II II lon oosis m the orient 214 Duneorn Rood Stngopore 11 Tel *****2 V jr* "COME, WINE AND DINE IN THE MANNER FIT FOR IMPERIAL LORDS" Now thrrr s a plait- where vou can rrallv349 words
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INTERNATIONAL STOCKS
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411 1979-03-31 8 STORE WARS NYT THE BATTLE for the Hud- son's Bay Company escalated sharply when George Weston Ltd., Canada's largest merchandiser, an,v flounced it was considering > tpaking its own offer for the ..•diversified nationwide Be- partment store giant. h The takeover bid, theNYT - 411 words
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Article248 1979-03-31 8 Reuter TDK Electronics Ltd. expects sales and profits growth of approximately 7- per cent for the current i fiscal year ending Nov 30, gftup executive vice presia dent Katsuro Kamiya said. /""Net profit in 1978 was '-U5562.5 million on sales of "1637.4 million, upReuter - 248 words
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240 1979-03-31 8 Reuter NATIONAL Wnsfl-Hi Buk IM tf Britain will bay all «f the Nstliaal Buk tt Narth America tor UBS42S mllltoa, laatoad sf wiy 71.1 per eeat m [WTTfatilj piaaaad, Clt naueUl Carparattoa, which mm the U8 baak, hU. Under the erlglaal agreement, NatwestReuter - 240 words
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Article49 1979-03-31 8 THE TORONTO Stock Exchange said Union Oil Co of Canada Ltd will pay a dividend of 20 cents a share on May 1, record April 13. The company, which has a no set rate dividend policy, last paid a dividend of 25 cents per share.49 words
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476 1979-03-31 8 NYT AN ALMOST month-old strike by employees of the bourse, the Paris Stock Exchange, is estimated to have deprived French companies of half a billion US dollars out Sfl.l billion) they might otherwise have raised. "It's been an inconven-* ience to anNYT - 476 words
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Article117 1979-03-31 8 Reuter NISSAN Motor Co said it plans to double auto engine production capacity to 6,000 a month at its wholly-owned Australian factory in Victoria in order to bring part of the Australian-made engine output into Japan and other markets. Nissan said the engines coming offReuter - 117 words
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Article65 1979-03-31 8 UNION BANK of Hongkong Ltd has declared a final 1978 dividend 28 HK cents (27), making a total of 39 37) on capital increased by a one for 10 bonus issue last year. The company also proposes a one-for-seven bonus issue. Consolidated, net profit65 words
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Article1197 1979-03-31 8 NEW YORK THE STOCK market turned in a mixed performance in moderate trading on Thursday, extending the correction that set in on Wednesday after a big price surge on Tuesday. Analysts said the action was mostly technical but noted there Is It iiilly some caution on1,197 words
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Article199 1979-03-31 8 MAR 29 C». Abmbi It'. .i, A lean .1, Algoma 27 i Bank Mont M unch Bank Nova Scoua S3 unch Bell Tel 65 -*> Belti Corp BP Can Lid ZZ 24~> Brascan n Camp Red Lake sr. Can Imp Bk as-. Canpar unch Canpac Inv PI 1«',B unch199 words
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Article321 1979-03-31 8 MAR 29 Rand INDUSTRIALS A Alpha 110 +10 Abercom 250 -3 AE And CI 465 unch AMIC MtO 10 Barlows no ♦7 Cg Sugar too 15 CNA 190 unch Currle Finance •4 De Brers lnd 1475 25 Edcon 345 Edgars 4000 unch Eveready 287B Fed Vol* 225 5 Fugll321 words
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591 1979-03-31 8 TOKYO THE MARKET continued Arm with interest mainly on resources-related issues and some neglected medium-sized blue chips. However, forerunning highpriced and pharmaceutical ianies dropped on relatively light selling by some institutional investors. Corporate investors crossed large transactions of lowCed, large-capital steel and t- and591 words
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Article344 1979-03-31 8 Source: SHK Sec Ltd AHEAD of a possible rise in interest rates this weekend, the market moved sideways again as local buying continued to be offset by institutional and overseas selling. The final dividend of 28 cents from Cheung Kong proved to be a disappointment The counter fell 20Source: SHK Sec Ltd - 344 words
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Article260 1979-03-31 8 MAR 30 Cents INDUSTRIALS A. C. I 173 unch A N 1 172S unch A r M m -1 Ampol M 73 -1 B H P. ua& Bank NS w 342 .1 212 2 170 unch C. B A. 25) unch C S R 980 5 CoaJ Allied 520260 words
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Article94 1979-03-31 8 MAR 30 Pesos Aco)e Mining OOM unch Atlas Con. A Atlas Con. B. 25 00 unch Baguio Gold 0105 unch Benguet Con. B BF Goodrich a 50 23.se -0.25 unch CDCP 2250 -02 Inco B Lartdoll Le panto B. 28 -00! Marlnduque B 165 -0.1 Meralco 21.60 -02 Oriental94 words
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Article234 1979-03-31 8 MAR 30 Bahts Ail* Credit 314 2 Asia Fibre 235 -4 Ayuthaya Inv And Trust l«8 -1 Bangkok Investment 102 •4 Bangkok Bank 1*4 unch Bangkok Drying And Silo Ranckok Insurance T 906 Bangkok Metropolitan Ban 6M 12 Bangkok Nylon Bank Of Asia -y Bank Of Ayudhaya Ltd 250234 words
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EUROPEAN MARKETS
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Article92 1979-03-31 8 MAR 29 Frs FORWARD MARKET Awe Arbrtl .447 2380 -3 -IS Aatur Bra scan Bru-Lamb Canpac Cock M Bwn ElrclroOrl Qb-Inno-Bm Ov Hobo* P*tro Ryl Dutch SKJro Sot Gen Belt Solina Solvay A Tanks U Mln V Mont tm 512 1155 102 402 210 2435 0000 2540 1300 300092 words
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Article187 1979-03-31 8 MAR a Francs Actions Suisse* 301 1 Alusuisst Br 1430 ■20 Aluauuit R*f 971 -2 Bromn Bovrn Br ISIS -9 C'lto G»H) Br. 1285 -9 Ciba Grtf> P C 1000 10 ClDu G«tjr Rh Credit Suuir Br 998 -s 2396 unch Credit Suisse Reg «&3 •2 Elettrovati Br 2035187 words
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Article212 1979-03-31 8 MAR 29 Dm Aef-1>l*tunk*T> U-20B It Akzo i a 20 -01 Alii Lrtten moo 10 Allz VfT* 4 TO 00 BASK uu mooe 01 BayHT Wl»nk Bay Vbank rr.x 13 Bayer 138*0 I BBC MJi 0-2 BMW m oo -a.i Casarll* as oo unch Chem V>r» nun (.omnierzbank «nu»212 words
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Article277 1979-03-31 8 MAR 29 m CORBEILLE Air-Liquid* DSN Grrvau Uinonr C 8» K (Thom»onCtfl 3Bt 90 471 381 80 *19 I C> Kranniw <tr* PVlroiri Cumpugni* K manner* 1S2 *10 I'ontpugnw Omrfuk ***** 09 Crrdlt Kooon Ur Kranff Harhrltt il.il>r.iinr> Mjrhinr* Bull Ml. helm iBl j 429 7M VT 20 1010277 words
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Article201 1979-03-31 8 MAR 29 Kb ABN ***** -1 Ahold ir»"» 02 A kzo 1020 -0 2 AMEV 94 10 01 Amlitx US JO 0 2 Amroi Bank 74 40 -05 Berfo** 5750 -02 Berk (M00 unch Bolv 71.00 +0.3 Borvumij >64 00 -05 Burhmann 73-20 •15 Bvenkorf 8050 -03 Calve Drift201 words
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Article92 1979-03-31 8 MAR 29 Lire Anir 39 1 Asftor Gen Baxtofi 713 -4 Centra le 4850 -40 Fiat 2875 -14 in*ider 192 -1 Orn Immob 7Z30 13 IM Pn 2345 4 21 lUtlrfmpnli ***** -100 I taiga* lUlMdfr 425 Mafrtrti M Pf $79 T* Marflli Ere 273 .7 Mediofe aooo -19092 words
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Article62 1979-03-31 8 FINANCIAL TIMES INDUSTRIALS Thursday 540.8 Wednesday 538.3 Week Ago- 514.8 DOW JONE8 AVERAGE INDUSTRIALS Thursday ***** Wednesday 866 25 Week ago 881.31 LONDON DOLLAR PREMIUM Thursday 55 to 58 Wednesday 58Mr to 57 H.K.HANG SENG Friday 537.88 Thursday 537.83 Week ago 564.48 SYDNEY INDUSTRIALS Friday unav Thursday 481.4562 words
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Page 8 Advertisements
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Advertisement107 1979-03-31 8 •/liift-l lift nininU Study with the Mos UNIVERSITY PREPARATORY 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 courses107 words
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BANKING AND FINANCE
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508 1979-03-31 9 EFFORT TO STABILISE MARKET Reuter FOREIGN central bank dollar sales, designed to slow the dollar's rise and possibly also to soak up some excess liquidity, were seen as major factors leading to :> another sharp decline in Federal Reserve Bank hold- ings of marketableReuter - 508 words
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Article232 1979-03-31 9 Reuter US TREASURY under-secretary Anthony Solomon mid nnless there is some major shock to the world economy, be expects "a continuation of the generally balanced trading conditions we have now" In foreign exchange markets. American foreign currency acquisitions since announcement of President Carter's Nov 1 dollar-defenceReuter - 232 words
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Article211 1979-03-31 9 THE INTERNATIONAL Bank for Reconstruction and Development, the World Bank, will seek to raise about US$5 billion ($ll billion) when it re-enters the debt market some time after July 1, the beginning of its fiscal year, vice president and treasurer Eugene Rot berg said.211 words
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Article75 1979-03-31 9 Reuter THE LIRA was at the tap of the Enropeaa Monetary System aad stranger than the weakest cnrreney, the Beigiaa fraae, by 2.1C per cent, Morgan Guaranty Trust Co said. 11m other currencies in the EMS were weaker than the lira as follows: Daaish crown f.llReuter - 75 words
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354 1979-03-31 9 Reuter AMERICAN COMMODITIES Exchange (ACE) president, Nathan Most, said he remains optimistic about prospects for broader financial instrument futures trading on the fledgling exchange despite a U*****,000 ($760,000) net operating loss from its inception last Sept 12 through Dec 31. He said the exchangeReuter - 354 words
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339 1979-03-31 9 Reuter THE BUNDESBANK'S decision to raise discount and Lombard rates by a full point and to increase rediscount quotas drew surprise from many economists and bankers who said they had expected only a half-point rise in the two key interest rates. The discount andReuter - 339 words
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Article274 1979-03-31 9 Reuter THE BANK of Japan has sold between US$2 billion and 12.5 billion on the Tokyo foreign exchange market in March, Japanese exchange dealers estimated. The central bank's intervention will probably reach about S3 billion in March if its dollar sales in New York throughReuter - 274 words
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Article197 1979-03-31 9 THE FEDERAL Reserve Board chairman, G. William Miller, said it is important that Fed monetary policy "just stay firm" in the light of a recent surge in consumer prices. He said that the current impetus for inflation seems to be coming from the food and197 words
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80 1979-03-31 9 THE JOHANNESBURG Stock Exchange is to initiate and operate an open market in krugerrands, where prices and turnover will be published daily. South African Finance Minister Owen Horwood said in his 1979/80 budget speech. Meanwhile, it is expected that investment and speculative activity will80 words
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Article70 1979-03-31 9 Reuter THE TAIWANESE Foreign Trade Board will entrust local banks to issue permits for 2,950 categories of imports beginning next month. The Central News Agency, quoting a trade official, said the move was designed to speed up import and export procedures, enabling local manufacturing enterprises to make timelyReuter - 70 words
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MONEY AND EXCHANGE$
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Article467 1979-03-31 9 THE US dollar strengthened on the foreign exchange market yesterday against a number of major currencies. The general tone was, however, quiet. Against the yen, the US currency opened at 209.20 and was traded to a high of 210 before settling lower to end the day at 289.55/(5.467 words
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Article260 1979-03-31 9 STERLING yesterday firmed sharply overnight, while the dollar held steady, dealers said. The British currency opened at U5».0605/10, weU above its 2.0548/53 overnight London close but around its 2.0600/10 New York finish. It opened 0.2 higher on its effective index at 65.9. The dollar opened at 1.8665/75 marks and260 words
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Article21 1979-03-31 9 THE average rate at which Singapore banks are currently prepared to lend to their best customers is 8 per cent.21 words
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Article177 1979-03-31 9 Asian rates ASIAN currency deposit Interbank rates as at close on March 30: US DolUr*(8pot) Offer Bid 7 days 10H 10'• 1 month 10'» 10 J 2 months 109/10 107/16 3 months < 10'. 10H 6 months 1013/*****1/16 9 months 10 J < 10H 12 months 1011/1610 A/16 8w.Fi*. Du.177 words
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Article52 1979-03-31 9 R»«l» of prices offered by discount house* oa March 30: Overnight 3 to 4' j% Call deposits i'/iK Closiaf Bayiac Selliaf 3 month Treasury bills 4'i 4H 3 month Bank bills 7W 7 1 3 month CD 011/16 69/10 6 month CD 7 1/16 6 15/16 Source: National Discount52 words
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Article140 1979-03-31 9 THE US dollar for overnight delivery yesterday closed at 209.30 yen, up from a 209.10 opening and 206.80 at Thursday's close, despite heavy central bank yen-support intervention. The US unit opened firmer in line with its overnight strength abroad, and quickly rose to 209.30 yen, at which the central140 words
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Article326 1979-03-31 9 SINGAPORE gold futures yesterday closed generally easier against overnight levels in light trading, dealers said. Opening quotations were marked down around US$l in line with the metal's overnight weakness in New York and thereafter held quietly steady during the morning's trading. It eased further in the-afternoon following the weaker326 words
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Article173 1979-03-31 9 STERLING yesterday firmed slightly to U5J2.0610/20 from its 2.0600/10 midsession level on market optimism of a Conservative victory at the British May 3 general election. The yen strengthened to 206.80/90 to the US dollar from 209.25/35 at midsession following intervention in Tokyo and on Japan's turnround to a customs173 words
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Article81 1979-03-31 9 RESULTS of tender held yesterday by the Monetary Authority of Singapore for 91-day and 182day Treasury bills: ••■day Wife tab* IStday MHs be laswrf iMMi tTM Afrtl Z ■A A 4s April < sa April t Offered: ISO 000 000 $30,000,000 iir. xvi Applied for Alio ted81 words
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Page 9 Advertisements
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Advertisement158 1979-03-31 9 L-J--PENGUIN BOOKSHOP RUNNERS HANDBOOK HA NDQOOK The ULTIMATE BOOK ON RUNNING ViHfDO RUNNhXS. MAKS BETTER i LOVERS 'THf Kunnck HAND6OOK I.' JA'-iiMg I /0 a 00 RUNNING I srtMuuml IAUASfECBh ofhbaltnn RUNNER'S a ivy AT i .B*l v\t2 I Here at last is The Runners Handbook, a complete Fitness guide158 words
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Article, Illustration562 1979-03-31 10 PLANTATION steehs wefe highlighted ea the Stock Exchaage sf Slagat pere yesterday. Hlghlaads aad LewUwds sparted ahead aa talk sf aa Impeadlag geaereas beaas frem the cempaay. The share price beaaded witheat pease to toach a high sf $4.21 hejfere easlag to elese at 14.11 far a562 words
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DEALS DONE ON THE SES
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Article1760 1979-03-31 10 BID and offer prices officially listed and business In and reported to the Stock Exchange of Singapore yesterday with the number of shares traded shown in brackets In lots of 1.000 units unless otherwise specified. I All Time Settlement Contract* are quoted after the word "sett Big Board1,760 words
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Article160 1979-03-31 10 SINGAPORE UNIT TBU8T (Managers' prices tar Apr t) The Commerce 2.22 2.36 The Saving Fund 1.31 1.38*d S pore Prog Fund 0.97 1.02 S pore Sec. Fund 1.80 1.91 S pore Invest Fund 1.27 1.35 S pore Equity Fund 100 1.05 INCOME BOND UNIT (CwTNt prices) Income Bond160 words
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Article2674 1979-03-31 10 1*78/7® Law Company »»•> Last Sale or UM Div Gi"a Net Div YTd P/E Cvr Vol Day (*000) Hick Loi UM SECTION ONE INDUSTRIALS 272 100 178 -*219 "275 111 198 #8 245 .490 132 Acma 123* Alcorn 107 Allied Choc 133 BAT 195* Bata 59 Ben2,674 words
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Article108 1979-03-31 10 100.85S) > 7 1/4% 15 486 (250,000) (100.85B) 7 1/4% 15/10F86 (250.000) (100.85B) 6 1/4% T F 15/4/91 (250,000) (100.358 100 455) 6 1/4% T F 15/10/93 (250,000) (100 258 100.355) 6 1/4% T F 15/9/95-97 (250.000) (100.208 100.30S) 6 1/4% T F 15/4/98 (250,000) (100.188 100.28S) 6108 words
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Article, Illustration199 1979-03-31 10 THE tawtap m the left ue trusts' lmpreariMM ef twe ef the ezpaiilia projects the Gwimil pwp Is plsaalag fer Its Ave hotels. The pletare thtve shews hew the sew Hetel Malaysia will leek fellowlag the iMWee at apprexlmately Ml res— te Its existlag m. Appreval la prladple199 words
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735 1979-03-31 10 NYT SMALL investors take note: a recent study of all stocks listed on the New York Stock Exchange indicates that over a 20-year period, those companies with clean balance sheets, high return on equity and low priceearnings multiples were the stock market winners, andNYT - 735 words
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COMPANY NEWS
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Article, Illustration471 1979-03-31 11 MALAYAN Breweries Ltd experienced a lower rate of growth during the first half of the financial year ending this June 30, owing to a slowdown in its Papua New Guinea market. Group turnover improved 9.6 per cent to M 5162.5 million for the471 words
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Article, Illustration792 1979-03-31 11 ARTHUR NG - By ARTHUR NG SHAREHOLDERS of Carlsberg Brewery Malaysia have had more than a fair deal from the company they have chosen to invest in. First, there was the bonus issue of one-for-two last year declared at the time of its interim results. And now, with792 words
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227 1979-03-31 11 GEORGE Keit (Malaysia) staged Its sixth continuous year ef steady earnings growth, reporting a record pretax prefit ef M 53.71 million for the year ended Dee 31, 1918. This compares with a group pre-tax profit of $1.74 million for thl nine months ended Dee227 words
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Article, Illustration358 1979-03-31 11 WITHOUT the more exciting property development earnings to reap, Selangor Properties continued to make only pedestrian growth for the year ended Oct 31, 1978 when pre-tax profit rose 6.7 per cent to M 55.45 million. This has generally been expected of the group for the year as358 words
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Article, Illustration584 1979-03-31 11 /iLSJJiJ by HOCK LOCK SIEW IT IS Ike hum *M nmar again far ■gklaads aad Lewlaads. lie market is rife wltk talk tkat Ike leag-awaited bwu Issae is aew at kaad aad skeald ke disked eat togetker wttk tke release ef tke cempaay's prettmlaary resmlts farby HOCK LOCK SIEW - 584 words
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Article152 1979-03-31 11 in the shares of Sealion Hotels, the owner of the Hyatt, was suspended yesterday at the request of the company. In a letter to the Stock Exchange of Singapore, Sealion said it is requesting the suspension in order "to prevent the development of a false market in the company's152 words
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52 1979-03-31 11 Final dividend 16 cents gross on enlarged capital following one-for-two bonus issue (19 cents) fOr year ended Dec 31, payable May 17 to shareholders registered on same date, making total 24 cents (33). Transfer books will be closed from May 10 to May52 words
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Article25 1979-03-31 11 First interim 1979 divi- dend 3 per cent gross (same), year ending payable April 28 to shareholders registered on April 20.25 words
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Article325 1979-03-31 11 General Lnmber (Holdings) Bhd: AGM to be held at No. 5, Jalan 203, Petaling Jaya, Selangor at 11.30 a.m. today. Selnngor Coronate Bhd: EOGM to be held at No.50, Jalan Ampang, Kuala Lumpur at 11.00 a.m. today. Soath PneUIe Textiles Industries Bhd: AGM to be held at 3325 words
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Article643 1979-03-31 11 Current Ex Books Date Total for Total for Payment Date Close Payable the year Previous year Sel Nut 10% I Feb 28 Mar 10 Mar 31 10% 25% T Cement 7.5% I Mar 7 Mar 19 Mar 31 7.5% 17.5% T Cement Pref 7.5% I Mar 7 Mar643 words
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Article182 1979-03-31 11 Company Particulars Ex Date Books Close Nil Iron DBS Bonus Issue of I for 2 Mar 22 Mar 29 Rights Issue of 1 for 4 Keck Seng Dunlop Ell P. Products (p $3.50 per share Bonus Issue of 1 for 5 Bonus Issue of 1 for 5 Bonus182 words
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702 1979-03-31 11 HIT BY much reduced tin output, Pengkalen has reported a sharp drop in earnings for the year ended Sept 30, 1978. Pre-tax profits fell 57 per cent to £158,329, quite a reverse from the 58 per cent improvement in the 1976/77 period. Pengkalen's results702 words
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Page 11 Advertisements
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Advertisement119 1979-03-31 11 A PENGUIN BESTSELLER VH > 4 vi fel ?Ssr THE MALAYAN TRILOGY This famous trilogy wittily dissects the racial and social prejudices of post-war Malay during the chaotic upheaval of Independence. Through a succession of splendidly colourful characters, Anthony Burgess delineates the conflict and confusion arising from the almost enforced119 words
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565 1979-03-31 12 AP Reuter BRITISH labour unions may block some imports if the government does not impose controls on goods coming (Tom Japan and other countries, warns a labour union leader. Clive Jenkins said the government should impose a total ban on Japanese imports and selectiveAP; Reuter - 565 words
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121 1979-03-31 12 THE ASIAN Development Bank (ADB) announced yesterday that its concessional fund was replenished on Thursday with more than US$l million (552.18 billion) in committed contributions. ADB said that as of Thursday, Australia, Austria, Finland, West Germany, Japan, Norway and Switzerland had deposited instruments121 words
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343 1979-03-31 12 THE UNITED States on Thursday terminated trade negotiations with Japan on government procurement issues. This action was taken by Mr Robert Strauss, the chief US trade negotiator. He said the Japanese government had made" "wholly inadequate" offers to the US about opening the343 words
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Article142 1979-03-31 12 THE Netherlands and Australia yesterday patched up a row over cheap air fares and announced a new low fare schedule for flights between Sydney and Amsterdam. The Netherlands' State Secretary for Transport and Public Works, Mrs N. Smith, and the Australian Transport Minister, Mr. Peter Nixon,142 words
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Article774 1979-03-31 12 LONDON, Fri. Shares and government stocks closed lower today in reaction to recent gains and on light profittalcing due to election uncertainties, dealers said. Falls in leading industrials ranged to around 14p and at 3 pm the Financial Times index was down 11.7 at 529.1, while government stocks774 words
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569 1979-03-31 12 Reuter INTERNATIONAL spot market prices for Arabian light crude oil is likely remain fairly stable in the US$lB to $19 a barrel range, delivery Rotterdam, for the time being. Uncertainties about price surcharges to be applied by various producers make it difficultReuter - 569 words
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280 1979-03-31 12 Reuter MEMBERS of the Association of South-east Asian Nations' council on petroleum (Ascope) have approved the mechanics for an emergency oil sharing scheme at their meeting in Manila this week, a conference spokesman announced yesterday. He said this would make it possibleReuter - 280 words
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310 1979-03-31 12 Reuter THE CENTRAL Buk mt MM aa estimated US$lll milliea (ahast ssl.l Mlliea) aa the Tekye foreign exehaage market yesterday la sapper* the yea. Hewever, Ike US carreacy cieaed trading at yea, ap a 2M.il •pealag aad 218.8* at Tharsday's deee.Reuter - 310 words
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Article688 1979-03-31 12 IN PARLIAMENTi PARLIAMENT yesterday passed nine bills including the Legal Profession (Amendment) Bill, which will re-constitute the council of the Law Society. This bill did not, however, obtained the unanimous approval of the House. The sole dissenter, Mr Fong Sip Chee, the Senior Parliamentary Secretary688 words
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Page 12 Advertisements
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Advertisement217 1979-03-31 12 SINGAPORE €v« MCCP9 93/1/79 VOL3 NO3 Oh MAfICH 8?9 PRCE $300 I i V v Oo*< r**r *>«jh t S«ngcH-ort- > aur«H 4r»c O/y £4££ /W It is easy enough to manufacture or offer services. But, whether there are any buyers is quite another question. The March issue of Singapore217 words
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Page 12 Miscellaneous
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Miscellaneous56 1979-03-31 12 Outlook for Singapore from 6 a.m. to noon today: Fair Report for 24 prior to 7J9 p.m. on March 39 at Ike airport. Maximum temperature 32.7 Associated humidity 64 Minimum temperature 24.3 Associated humidity 97 Hours of sunshine 7.8 Rainfall in millimetres Nil Total rainfall for the month 168.4 Total56 words
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LEISURE TIMES
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Article, Illustration783 1979-03-31 13 Pig charms, sarongs, puas and spirit statues the recent art of Borneo and Indonesia are not just satisfying aesthetically. They often have intriguing uses or incorporate fascinating beliefs. COLLECTING with com chee IT IS A little sad that art and antique collectors here tend to neglect the wealth783 words
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Article1101 1979-03-31 13 EDMUND PENNING-ROWSELL - WISE By EDMUND PENNING-ROWSELL TOURS, as visitors and girls planning to be "finished" are told, is the place in France where the best French is spoken 'pasaccente. In the past, in spite of such historic names as Vouvray and Chinon, there has perhaps been even1,101 words
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Article931 1979-03-31 14 TYE KIM KHIAT - By TYE KIM KHIAT SECRET Love! Frauiein! How these two oldies have a way of evoking bitter-sweet remembrances and nostalgia, especially for West Germans whose country recently experienced a rash of spy defections involving secretaries who sold their country for a song a song of931 words
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Article, Illustration870 1979-03-31 14 Hermes - ■OTORIIO with Hermes THE OPEL Rekord Berlina 2.0S is already a formidable car in the market. With its smooth engine, excellent ride and near-perfect body finish, the Berlina is a pleasurable cross between a family saloon and a bachelor's sports car. But Opel has870 words
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PROPERTY
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Article, Illustration749 1979-03-31 14 TEO TECK WENG - The hotel, though visibly a piece of property, is often considered an industry rather than a real estate business. TEO TECK WENG speaks to a prominent property consultant (who wishes to remain anonymous), long in the business, who gives his views749 words
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Article, Illustration276 1979-03-31 14 SHANGRI-LA HOTEL, Hongkong, will be the finest one in the colony and will run into very high occupancy rates when it is completed. The confident statement comes from Mr. Larry Magnan, vice-president of Western International Hotels with responsibilities in Asia, concurrently general manager of Shangri-La Singapore as276 words
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Article, Illustration94 1979-03-31 14 LAI PANG PEE aid Simaa Ua chartered nrveyers have reeeatly appelated Mr Yea IWaa Teag as sales aad leastag whe Jstaed the Ann la Jaaury this year Is mw la eharge •f the MrkHhg sf Maryland Park apartmeats far which the ewapaay is the •sle ageat. A gradaate94 words
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Article, Illustration718 1979-03-31 15 TEO TECK WENG - Real-estate brokers have often been called unprofessional and are accused of running on shoe-string budgets. Here is one which is set to prove the critics wrong and at the same time slice out more of the market for itself. TEO TECK WENG reports718 words
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Article, Illustration370 1979-03-31 15 JUST ON the market is an interesting residential redevelopment which is being carried out by property company United Overseas Land (UOL). With little skimping and some imagination, the more than 20-year-old property is being made up to provide trendy accommodation. Pasir Panjang Court370 words
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Article, Illustration117 1979-03-31 15 CONSTRUCTION wark M Ilßf* Hatol'i »«torey exteartea tower will to fipimni toward* the tmi at (Me year Mere toe targeted fete. The wtwiH tower wUI to aaaaxet to the extottog hetel tariMtog ud wUIjmM aaether 144 ITS. mBU Aa exeeattve Mtto will to pwrlM ea each117 words
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Article, Illustration1051 1979-03-31 16 Tsang San Yin - DESTIMATIOH with Tsang San Yin A CHAIN of snow-capped mountains strung seemingly into infinity protects the valleys of Kashmir from an all too easy human invasion. And so it should be. No 20th-century industrial plant spews foulness into one of the clearest, bluest1,051 words
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Article, Illustration619 1979-03-31 16 FONG MEW LENG - By FONG MEW LENG ALL TOO aftea, CMaeae toed cMi la Hagapsn tni to be Mhtaeei to* met by Hakkfea, ladtoa Mi Malay mUmi. Ike re—lt b a heavy epleiaeas cvea far tobM wUck ikMld if aabtty flavaared. Ike wMrlwtai vWt ma4e by Heag kHK'i MUM to619 words
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Article, Illustration456 1979-03-31 16 FILIPINO FUN AND FASHION A well-packaged show of various facets of a foreign culture does not come by often. The Karilagan Show should not be missed. THE KARILAGAN Road Show at the Top of the Hilton, till April 14, is a warm and vibrant display of456 words
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Article, Illustration110 1979-03-31 16 WEARABLE (m twfmti to "klaky" mad heaee caaflaed to aaly Ike very satragesas dressers) elathes were what tws ysaag Filipino deslgaers mat ap with la their sammer eslleettos earreaUy on ihtw at the fcnyw HUtoa. Me—era Btyrie VUlavteeaeto aad Reaato Games, wsrtdag as ealtaral/fashtoa imh—fcn for their esaatry,110 words
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Page 13 Advertisements
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Advertisement29 1979-03-31 13 )}_}}.{?+%<"%_|)^):.=/.__^]%}-< Can yu trust your secretary Page n A hotel is not a piece of real estate JI Kashmir: splendour in the clouds JV Be entertained the Philippine way .IV29 words
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Advertisement322 1979-03-31 13 r GOOD READING FOR ALL PARENTS l Kf °f Learning Through Play is a I book chock full of ideas for 1 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 every322 words
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Page 13 Miscellaneous
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Miscellaneous864 1979-03-31 13 r WHAT WHERE OPERA AMAZONS of the Yang Family Cantonese opera performed by Kong Chow Wui Koon involving a cast of more than 50. Acrobats from Hongkong were in Singapore specially to train the cast. This Chinese classic revolves around the stoic women of the Yang family who go to864 words
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Page 14 Advertisements
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Advertisement45 1979-03-31 14 The Love of ne ooking kV It: ;v yf' vtf iv -r. > Kenneth Lo Ovor 100 dallclpiia CMmn rodpoa, «uNy Hluatralad wHU 00 cotowf photogrtpht doptettng tho ■knptott: boouty of Iho tood and tho apooM CMinm way of aarvinQ K. 00 pan 310 235 cm.45 words
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Page 15 Advertisements
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Advertisement365 1979-03-31 15 >,&;_&+@~|:-,>$'->=^|"?".+`$":/ COMPUTERISED HOUSING 1 »'#-> <|4 \if M IM tQ.lt. Of MfihOMM Of ihOVIMIM cum ufflct 1 M front town (Qrmmdftoor). PRINCIPALS. PLEASE WRITE/PHONE: CATTLEYA ENTERPRISE CORPORATION Licensed House Agent Suite 1011-A, Maxwell House Maxwell Road Singaorel Tel: *****71 MARKET STREET CYB BUILDING Oftica spac* from 1,020 sq ft. to365 words
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Advertisement264 1979-03-31 15 RIDG6WOOD the Most I diked About Condominium 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 hectares A superlative Recreational Area, complete with 2 Pools, 2 Tennis Courts, Badminton, Basketball, Squash,264 words
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Page 16 Advertisements
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Advertisement161 1979-03-31 16 i m QIQ m ;i 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. Timber Processing161 words
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