The Business Times, 11 August 1979
1979-08-11
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The Business Times
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Title Section10 1979-08-11 1 BUSINESS TIMES M.C.(P) No. 144/1/79 SATURDAY, AUGUST 11,1179 50 CENTS10 words
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BRIEFLY...
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Article84 1979-08-11 1 Reuter LONDON, Fri. Britain will send out invitations next week to an all-party constitutional conference in London next month aimed at ending the conflict in Zimbabwe Rhodesia, informed sources said today. Foreign Secretary Lord Carrington will preside at the conference which will not have a time limit, theReuter - 84 words
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Article66 1979-08-11 1 AFP HONGKONG, Fri The Government is considering what sanctions should be applied to Vietnamese refugees who refuse to go to the countries that have selected them for resettlement, reliable sources reported today. One sanction reportedly under consideration is the transfer of the refugees concerned from their campsAFP - 66 words
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Article71 1979-08-11 1 KUALA LUMPUR, Fri. Indonesia will convene an experts group meeting soon to discuss the Asean private sectors proposed automotive projects for regional industrial complementation. Chairman of the Asean-CCI working group on industrial complementation Abdul Aziz said here today the experts group appointed by the Asean committee on industry,71 words
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Article54 1979-08-11 1 UPI LONDON, Fri. The Persian Gulf next week ceases to be one of the so-called safe areas for trading, as far as London insurance underwriters are concerned. The underwriters are taking seriously warnings from America's State Department that there is a possibility of guerilla action by PalestiniansUPI - 54 words
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Article75 1979-08-11 1 AFP TOKYO, Fri. The world's seven major industrialised democracies plan to hold a conference of energy ministers in late September in Paris or Tokyo as a follow-up to agreements on energy problems reached at the June Tokyo economic summit, International Trade and Industry Minister Masumi Esaki said today.AFP - 75 words
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Article37 1979-08-11 1 NEW DELHI, Fri. India's space programme suffered a setback today when the launching of its first giant space rocket failed and the fourth stage plunged into the Bay of Bengal instead of going into orbit.37 words
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Article65 1979-08-11 1 UPI NEW YORK, Fri. The stock market headed lower early today in the wake of government report| released yesterday that wholesale prices and the nation's money supply had surged. Trading was moderate. The Dow Jones industrial average was off 2.96 points to 855.28 around 11 am. Declines ledUPI - 65 words
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Article127 1979-08-11 1 Rises Indices Sea corp 1106 M Banking 700 Nat Iron 580 CCM 500 H Gilfillaa 380 MBS 265 Magnum Corpn 424 PAN 590 DBS 545 Carliberf 535 Daff Dev 302 SEAL 241 Syn Rtiiu 184 Falls Tronoh Mines 910 Berjuntai 806 Nanyaag Preaa 336 Kuala Skiim 295127 words
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Article, Illustration157 1979-08-11 1 Ri%es Indices S Mai Tin 1560 +30 B.T. Index: Aug 9 Aug 10 3401.74 3387.03 New Sdah 338 14 Industrials: 425.72 425.06 Malakoff 312 12 Finance: 623.15 623.62 Syn Resins 166 +11 Hotels: 257.13 257.50 M Contain 220 10 Properties: 240.41 239.27 Kern pas 535 +10 Tins: 212.80157 words
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247 1979-08-11 1 SHELL has decided to follow the lead set by the other four oil companies which raised their pumpprices yesterday. The new Shell prices for all grades of petroleum and diesel are now the same as the prices set by Mobil, Esso, Caltex and British247 words
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Article73 1979-08-11 1 IN A STRONG rally spread over three days, the gold price rose by US$2O to reach US$9O2 an ounce yesterday on speculative buying. This was a quick reversal from last Tuesday when the price plunged by US$25 to steady at a low US$2B2 an ounce. Dealers said the73 words
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587 1979-08-11 1 RUTH CHENG - By RUTH CHENG THE first computer store has arrived in Singapore. Called Computerland of Singapore, it caters particularly for the small businessmen and computer hobbyists. Computerland of Singapore is a franchise operation with a paid-up capital of SHOO,OOO and is owned by Yew Seng587 words
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Article339 1979-08-11 1 THE Economic Development Board (EDB) has started work on a comprehensive plan that will eventually lead to the computerisation of most of its operations. It is the first move by the government's primary economic and investment agency to upgrade its own capability and is in step with339 words
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Article404 1979-08-11 1 WANG LOOK KEAH - By WANG LOOK KEAH THE BATTLE for the fast expanding video tape recorder market is heating up in Singapore. An advertising war between two leading video tape recorder (VTR) manufacturers has been gaining momentum. One of the parties involved has already sought legal advice. The404 words
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237 1979-08-11 1 THE fteaa of Hlagspow's efforts to draw la mare toarlsts ever the next live yean wOl to m new markets, partlealarty these to Aria. This Is necessary If fllagspwn is to achieve the projected 8 pee eeat inui growth to vtattor237 words
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331 1979-08-11 1 THE International Transport-Workers Federation (ITF) should hold a round-table conference in Asia for a full and tree exchange of views with Asian seafarers' unions. Mr C V Devan Nair, president of the National Trades Union Congress, made this call at the opening of the331 words
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Article135 1979-08-11 1 A GENERALLY good crop of corporate results for the first half-year released over the National Day holiday provided stock market investors with enough incentive to buy selectively yesterday. Trading tempo continued to gain momentum and for the first time in many weeks, volume of135 words
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Page 1 Advertisements
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Advertisement246 1979-08-11 1 Imt tei S n McCarthy Informatkm j Services (UK) We invite the Singapore busmen community to tubscribe to the UK-baied McCarthy Information Services at the tame price as British subscribers receive these weekly services in the United Kingdom This has been made possible because the services are air-freighted to Singapore246 words
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Advertisement49 1979-08-11 1 Leader— Page C LEISURE TIMES SANTO settiag ip MORE twhti frMn Empe JAPANESE GNP ft* Milf at per ewt WHY US li m frtoai af Hjuml WEST ftoks UaekmaU by Ba MEMOPAD t, FLIGHTS I, TV AND RADIO C, CROSSWORD I WHERE TO WINE A DINE S, SHARES 1149 words
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Advertisement40 1979-08-11 1 AMERICA'S FAVOURITE Golf, Jogging, Tennis. Squash Soccer Shoes Apparel OEtonkL Sote Agent Merdings Leisure Pte Ltd 23. Park House. Orchard Boulevard Singapore 10 Td *****55 *****18 Also avatab* at an leading soots snaps and cwo snaps Leader... Paget JITjl rHTSTTTiTtI40 words
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TRADE AND INDUSTRY
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Article, Illustration191 1979-08-11 2 A NEW managing director has been appointed for Masmara Travel St Tours, effective July 1. He is Mr Mohyee Ma Warty who will also be the managing director of the Mara Transport Group, the holding company that controls 20 other Mara companies which are involved in the191 words
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Article444 1979-08-11 2 COURSES AND TALKS April 30-Aug 24: Tuition Courses for the Australian Insurance Institute Associateship, SITC, SITC June 22-Aug 18: Systematic training for effective parenting, Waterloo Street Centre, Dept of Extramural Studies Aug 22-23: How to Identify and Develop Management Potential in Your Organisation, Hyatt Hotel, NPB Aug 27-29:444 words
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Article341 1979-08-11 2 KOH TSE YING - By KOH TSE YING A JAPANESE consumer electronics manufacturer, Sanyo Electronics, is investing $6 million in a new plant in Singapore to meet increased export orders. Sanyo Electronics' managing director, Tadatoshi Gato, said this will bring the company's capital investment in the Republic to $9341 words
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425 1979-08-11 2 THE AUSTRALIAN Consolidated Industries (ACI) group is planning to buy a ship to improve the supply of soda ash to its glassmaking subsidiaries in the ASEAN region, a report from the Australian High Commission said. The will mean that the local subsidiary,425 words
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Article242 1979-08-11 2 INDUSTRIALISTS and businessmen in Singapore will have a chance to view the latest advancements in computer science and technology at Computa 79, the second computer exhibition to be held in Singapore this year. Mr Rohan Kamis, Member of Parliament for Telok Blangah, and a computer expert himself, will242 words
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Article, Illustration209 1979-08-11 2 A WIDE range of tennis and squash rackets will be displayed at the sporting goods and leisure equipment exhibition at the Australian Trade Commissioner's showroom in Singapore from Sept II to 13. Oliver Sportsgoods, an Australian manufactuerer of rackets, will display various models including the209 words
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Article139 1979-08-11 2 EUROTRANS, the European Committee of Associations of Manufacturers of Gears and Transmission Parts, will sponsor Iphex 80, the International Pneumatics and Hydraulics Exhibition, for the first time. A spokesman for Industrial and Trade Fairs Ltd (ITF), the organiser of Iphex, commented, "The Eurotrans decision to139 words
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Article, Illustration409 1979-08-11 2 THERE was a significant increase in tourists to Singapore from the Soviet Union and Eastern Europe, China and Taiwan, Korea, India and Pakistan in the first five months of this year compared with the same period last year. The high increase of tourists from these countries409 words
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Article, Illustration432 1979-08-11 2 EXPECTED ARRIVALS TODAY EEPPEL WHARVES A 1 Mubarakiah (0800 after Vega hauls) 8/9 Golden Eastern (0800) 25 Golden Sea 707 (Tanker) (1200 after AJon P/O subject gas free) 16 Glorious I (RO/RO) (0800 after Eugeniusz Kw iatkowski) 45 La Rochelle (0600 after Yuko Maru) 47 Makeverett (1800)432 words
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Page 2 Advertisements
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Advertisement210 1979-08-11 2 w COMPUTA 79 International Computer Technology Exhibition World Trade Centre 11 14 August 79 Keep in step with Singapore's second industrial revolution and see the wide range of American and Japanese computers and peripherals on display. Automated System Re Ltd Pertec Computer Corpn Datagraphix Digital Eauipment Corpn Dataproducts Corpn Houston210 words
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Advertisement0 1979-08-11 2 ^&-?_+=|!_)&>,_+\'}%\+{;(<%**|{0 words
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REGIONAL
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337 1979-08-11 3 A TWO-DAY investment seminar for Malaysian investors will be held in Kuala Lumpur from Sept 4. The chairman of the Malaysian Industrial Development Authority Datuk Jamil Jan said the seminar is aimed primarily at keeping Malaysian and foreign investors businessmen and financiers operating337 words
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Article135 1979-08-11 3 THE JAPANESE Atomic Energy Commission has formally decided not to import a Canadian-built Candu nuclear reactor, a commission spokesman said yesterday. The surprise decision was announced only a few hours after commission chairman Iwazo Kaneko agreed to postpone a final decision after meeting Japanese Trade Minister135 words
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462 1979-08-11 3 FOREIGN companies continue to capture the major contracts in Malaysia despite the government policy of encouraging wider participation by its local contractors. This is because Malaysian contractors are still learning and acquiring expertise and financial resources to undertake large and complicated projects like construction462 words
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Article225 1979-08-11 3 UPI THE UNITED States has told Vietnam its continued occupation of Kampuchea and the mass exodus of refugees make it impossible for Washington to consider opening diplomatic relations with Hanoi at this time. US Assistant Secretary of State Richard Holbrooke also flatly denied on Thursday aUPI - 225 words
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302 1979-08-11 3 UPI AS Australia's "Indian summer" southern winter draws to its September close, reports filter in from state centres of drought conditions that could be the worst in a decade. In Western Australia's northern wheat zone, 500 farm families are reported facing bankruptcy as the areaUPI - 302 words
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Article123 1979-08-11 3 AFP THE AUSTRALIAN government has approved Cathay Pacific Airways' introduction of a new cheap airfares package between Australia and Hongkong later this month. The airline proposes a Sydney to Hongkong return fare to be A 5544 (*****0) offpeak advance purchase, $746 peak season advance purchase andAFP - 123 words
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The region in brief
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Article489 1979-08-11 3 Agencies AN underground air-raid shelter in Beijing has been turned into an hotel, easing the city's accommodation shortage and providing jobs for unemployed youngsters. The Beijing Daily, organ of the municipal authorities, said the hotel opened early this week. It had 104 beds and in timesAgencies - 489 words
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161 1979-08-11 3 AP THE UNITED States is sending two consular officers this week to Thailand and then on to Vietnam to screen refugees. Disclosing this on Thursday, US officials said the diplomats would be under the supervision of the UN High Commissioner for Refugees. Their jobAP - 161 words
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171 1979-08-11 3 AFP HONGKONG'S vigorous growth in clothing exports has contributed substantially to the US$4.6B billion (Sslo billion) earned in its domestic exports in the first six months of this year. Compared with the same period last year, clothing exports to Japan jumped 86 per cent whileAFP - 171 words
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256 1979-08-11 3 THE Mtbyriu geverameat will tatredaee a card system •••a Is regalate toarlsto baytag gaads tram daty-free stops threaghoat Malaysia. Depaty Flaaace Minister Datak Dr Nee Tee Paa whe miisui this la Kaala Lam par mm Harsday nii the new system weald meaa256 words
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Article576 1979-08-11 3 ENERGY THE PROBLEM Reuter AFP THE JAPANESE economy has passed a five-year period of turbulence after the 1973 oil crisis and is now in the process of steady real annual growth averaging 5 to 6 per cent. A white paper issued by the Economic PlanningReuter; AFP - 576 words
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Article408 1979-08-11 3 AP JAPAN'S Labour Ministry this week encouraged private industry to amend a half-century-old retirement age system which has threatened the livelihood of millions of elderly workers. The Ministry, in its five-year employment plan, urged that mandatory retirement ages be extended to 60 by 1985 to cope withAP - 408 words
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Page 3 Advertisements
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Advertisement253 1979-08-11 3 Now! The Buku Merah offers you an evermore effective way of selling your products and services In the Buku Merahs pink pages, classifieds business section It pays to be listed in the Straits Times Directory of Singapore. Singapore businessmen have known that for the last 82 years and that explains253 words
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RAW MATERIALS
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Article254 1979-08-11 4 BRAZIL'S soybean disappearance rose from March through June to nearly five million tonnes, up 19 per cent from the 1978 period, with expanded crushings accounting for the increase, the USDA said. In its weekly roundup on world production and trade, USDA said Brazil's soybean exports at 563,000254 words
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Article198 1979-08-11 4 Reuter INDONESIA is reportedly seeking to help solve its coconut oil shortage by promoting a switch to palm oil for household consumption as a cooking oil, the US Agriculture Department said. The USDA, in its weekly report on world production and trade, said local coconutReuter - 198 words
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Article72 1979-08-11 4 C.I.F. North European ports, in US dollars per ton unless otherwise stated. LONDON: Thursday Previous Malaysian 5% ffa bulk per tonne October November unch unch 650slr 645pd Sumatra 5% ffa bulk August September October November 665pd 660slr 657'jsir 657'2 sir 657'2 sir 857'2 sir 655s lr 660slr Nigeria72 words
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Article190 1979-08-11 4 PEPPER fell by $2.50 a picul yesterday, according to prices quoted by the Singapore Chinese Produce Exchange. Coconut oil and copra dropped H while coffee was quoted unchanged. CHINESE PRODUCE EXCHANGE, SINGAPORE, NOON CLOSING PUCES PER PICUL YESTERDAY: C«b»—t all: Bulk $122 sellers, old drum $127 sellers, new190 words
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Article132 1979-08-11 4 CHICAGO soybean futures on Thursday closed mixed, losing as much as 2'/« US cents a bushel while advancing up to l'/« cent. Traders noted selling by an exporter near the close and offers to sell by a professional. Some late local shortcovering may have propped the nearby, they said.132 words
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Article140 1979-08-11 4 WHEAT futures In Chicago on Thursday closed 1V« to three US cents a bushel lower ending a day of light volume trade. Traders said local selling pressured prices throughout the day while commission houses were both buyers and sellers. Volume was light in anticipation of yesterday's USDA crop report,140 words
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Article192 1979-08-11 4 YARN and cotton prices were quoted as follows in Hongkong yesterday: (In HK dollars, spot ex-godown) Cettea yara: China Blue Phoenix 20s 2,225 32s 2,790 40b 3.000 (per bale of 400 lbs). Pteee gee*: China Butterfly and Globe brand unq; Dragon Head unq; Five Lambs unq; Flower and Butterfly192 words
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Article50 1979-08-11 4 THE STRAITS tla price In Peaaag yesterday weakened MstttosM«apieaL The deettae ea the London exckaage caused values to weakea with ealy limited baying tram Japaa aad leeally at this level, dealers said. Taraever fell to 111 tonnes from 189 tonnes m Tharaday depreeatag sentiment. Na rationing waa detected.50 words
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Article328 1979-08-11 4 SINGAPORE: Yesterday's closing prices in S$ per Idlo, ex-godown: THAI WHITE: 100 per cent first class Kangaroo) new crop O.K. 100 per cent second class 0 85. 100 per cent third class 0 80. 25 per cent new crop no stock, B-10 per cent 0.70. THAI BROKEN: A-super 0328 words
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Article361 1979-08-11 4 OPENING quotations in Singapore yesterday were marked up 2 X A cents in line with firmer London advices over the past two days and higher Malaysian market on Thursday. The market then rose a further l'/i cents on covering interest. However, profit-taking came in at the highs to pare361 words
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Article362 1979-08-11 4 R.A.S prices In cents per kilo yesterday: Noon (per kilo) Buyers Sellers Int. 1 R.S.S. prompt f o b 293 .50 294 SON Int. 1 R S S September 291.30 292 00 Int. 1 R.S.S. October 291.75 292.25 Int. 2 R.S.S. 283 00 284 00N UK/Coat ***** 283362 words
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Article107 1979-08-11 4 NOON SSI |AQ J and SMR priea ymt ■dar ■AO SSR 20 SSRSO (1 too palfeo (1 too pallaO (Carnal MU> Bayara Sallara 278.S0N 2S0.50N 275.50 277.50N (Forward Mtk) Buyer* Sallara 278.50 280.60N 275.50 277.50N MKELB SMRCV SMR L SMRGP SMR 5 SMR 10 SMR 20 SMR107 words
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Article31 1979-08-11 4 Rubber: Aug 10 Singapore: September: 291.50 cents (up 3.00 cents) Malaysia: September: 291.50 cents (up 1.25 cents) Tim M 51,900 (down $25) Official offering: 161 tonnes (down 19 tonnes)31 words
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Article148 1979-08-11 4 THE SUGAR futures market yesterday continued the recent quiet trend, with no trades registered, as on Thursday, dealers said. September closed at 8.80/ 85 US cents against Thursday's 8.85/90 close, October at 9.15/20 against 9.20/25 and July was unchanged at 10.80/85 cents. Cotton trading closed little changed in148 words
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Article750 1979-08-11 4 COFFEE: Robusta futures yesterday ended the morning £9 down to £1 per tonne up after sales of 445 lots. The market opened slightly lower following the New York trend but then held steady in a narrow range with dealer buying absorbing commission-house and local selling. Dealings were quiet750 words
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ASIAN STOCKS
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Article553 1979-08-11 4 TOKYO Source: DBS-Daiwa EARLY in the morning session, high-quality stocks including pharmaceutical and light-electrical issues turned higher, due to buying by foreign investors and mutual funds. Institutional investors, including foreign investors, have been bullish on the Japanese market since last week. However, natural resourcesrelated stocksSource: DBS-Daiwa - 553 words
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Article311 1979-08-11 4 Source: SHK Sec Ltd. THE MARKET yesterday closed on a weak note reflecting a lack of local interest and nervous liquidation The subsequent rally was attributable solely to a large buyer appearing for Hongkong f-anri Shares, driving them up to 10.20 in a flurry of trading. Prices failed toSource: SHK Sec Ltd. - 311 words
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Article124 1979-08-11 4 THE MARKET yesterday rose and turnover was 5.1 million pesos against Thursday's 2.4 million. Dealers said. Baguid Gold, Basic Petroleum, Benguet Con B, Oriental B and PLDT rose, while the rest were unchanged and untraded. AUG 10 Pesos 4-/-Acoje Mining 0078 unch Atlas Con A Atlas Con. B. 1830124 words
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Article255 1979-08-11 4 AUG 10 Cents INDUSTRIALS A. C. I. 200 10 A. N I 177 1 A P M IX Ampol Pet 68 unch B H P 952 2 Bank NSW 284 1 Roral 222 unch Brambles 175 unch C B A 260 C S R. 374 4 Coal Allied 870255 words
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Article294 1979-08-11 4 THE STOCK market yesterday closed mixed with losses in the majority in quiet trading, dealers said Thai Danu Bank fell 16 baht to 338, First Trust Ave to 155, Thai Carpet Manufacturing six to 210, Vidhayakom four to 186 and Ao Kham Thai, United Flour Mill and Berli Jucker294 words
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Article64 1979-08-11 4 FINANCIAL TIMES INDUSTRIALS Thursday 467.4 Wednesday 473.7 Week Ago 455.7 DOW JONES AVERAGE INDUSTRIALS Thursday 858-28 Wednesday 883.14 Week ago 847.96 LONDON DOLLAR PREMIUM Thursday 27v 4 to 28% Wednesday 27 v. to 27% H.K.HANG SENG Friday 830.90 Thursday 820.10 Week ago 606 58 SYDNEY INDUSTRIALS Friday 487.5764 words
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Page 4 Advertisements
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Advertisement377 1979-08-11 4 From Youth in the Army This book is a collection of case studies and sketches of army boys: of the ordinary foot soldiers, the officer-cadets, and the problem soldiers and soldiers fallen into drug-taking. There is also a succinct discussion of military life of the adjustment or malajustment of youths377 words
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OVERSEAS
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Article704 1979-08-11 5 ARRIVALS Service Local Operator Number Time From SLA SQ101 0815 KUL MAS MH621 0840 PEN MAS MH6OT 0845 KUL MAS MH671 0945 PEN/KUL CAL CI806 1000 HLP CPA CX710 1006 HLP GIA GA980 1030 HLP SIA SQ2U 1045 HLP SIA SQ103 1045 KUL MAS MH605 1045 KUL704 words
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WORLD IN BRIEF
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Article445 1979-08-11 5 SEVERAL member nations of the Organisation of Petroleum Exporting Countries (Opec) have sent diplomatic notes to the US about a court case alleging Opec violation of US price fixing laws, a State Department official said. Some of them argued they were immune from prosecution in any American445 words
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340 1979-08-11 5 AFP THE US Government will help bail out the money-los-ing Chrysler Corp, if the car-maker comes up with an acceptable recovery plan Treasury Secretary William Miller said. But the aid will fall far short of the US$l,OOO million (552.2 billion) requestedAFP - 340 words
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211 1979-08-11 5 AFP Reuter CAR output in the United States in the second half of this year will be 12 per cent down on year-ago figures, according to a specialist publication, Ward's Report. For this year as a whole, output will declineAFP; Reuter - 211 words
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Article62 1979-08-11 5 UPI A MAJOR Canadian bank said Canada is following the United States into a recession, with high inflation and mortgage interest rates pointing the way. The Bank of Montreal said on Tuesday in its monthly business review that the accelerating American inflation rate in 1978 and sharp risesUPI - 62 words
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Article633 1979-08-11 5 NYT THE UNITED States received a new inflation jolt as the government's index of producer prices for finished goods which anticipates what consumers will pay in a few months shot up 1.1 per cent in July. The acceleration in wholesale price increases, after three months of moderation,NYT - 633 words
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192 1979-08-11 5 Reuter MALCOLM Tm, the eatgetog l—l— Imhasaaiir to the Sevtet Untoa, has waned the US Senate that sakatantlal change* to the new Strategic A rats I Imltatloa Treaty (SALT D) treaty weaM speU its death and harm UB-Bavtot reinMr Teen, to a speech toReuter - 192 words
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786 1979-08-11 5 AP NYT Reuter THE WEST has dropped its 9ea power shield and as a result now risks hlackmatl by its communist opponents, says Captain John Moore, former deputy director of British naval intelligence. He is especially critical of the United States in his hard-hittingAP; NYT; Reuter - 786 words
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Page 5 Advertisements
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Advertisement372 1979-08-11 5 nr Lu Hamlyn Paperbacks .us®> ><*W* >./ MOJS "'SSL. TBtPtaj THE HEIR —by Christopher Keane When oil was discovered in a small desert sheikdom, the dogs of war begin to gather and Rama Khan's homeland falls prey to giant corporations and hired mercenaries. Accustomed to the civilized delights of the372 words
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Article439 1979-08-11 6 PRACTICALLY all that Singaporeans now have can be linked in one way or another to the success of the Republic in attracting foreign investments. In the last decade, foreign investors created the necessary jobs to absorb the many thousands of retrenched workers and school leavers.439 words
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Article222 1979-08-11 6 IF IT was the attraction of an "Instant Asia" that brought Western tourists by the planeload and shipload to Singapore, then surely it will be the idea of an "Instant Europe" that will help bring Asian tourists flocking to our shores. It is certainly an222 words
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Article, Illustration1297 1979-08-11 6 DAVID LASCELLES - By DAVID LASCELLES FT A HAZY, humid day on Wall Street: at 8.15 am you could hardly see the ground from the 47th floor where Citibank's money market traders were gathering for their morning meeting. In a corner room a dozen young man in shirtFT - 1,297 words
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Article851 1979-08-11 6 ROBERT LINDSEY - By ROBERT LINDSEY NYT THE GIANT machine rumbled over the verdant Salinas Valley, huffing and puffing. There were 20 farmhands aboard the machine, and on this day they harvested 100 tonnes of tomatoes, an average of 5.5 tonnes for each worker. In a field adjacent toNYT - 851 words
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Page 6 Advertisements
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Advertisement148 1979-08-11 6 I ■Ss 1 i VA ft i m I! ti ft m m m m /A m SRI n n **%/< f»"i "»i 3^£ ////>/««//# '//✓x >#/ Wf////#/fr Buy a pea green boat or sell a nautical puss. Leisure Times is right on target For as little as $15, you148 words
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Page 6 Miscellaneous
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Miscellaneous1293 1979-08-11 6 Uninspiring evening HAVE yd ever vrWvmMr Nef Well, get aa Mm sf haw the werld ektaplta wrist* wreetlen 4e It ea tke ABC WMe Werli Sperta ea Cfeaaael 5 »t ML This week's epMe «f tHs programme alee laeladee tke Mstsersss Werli Champieashlp ul tke Werid Reeerd High Dlvtag Quunptaasfcip.1,293 words
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Article, Illustration994 1979-08-11 7 LEONARD SANTORELLI - By LEONARD SANTORELLI Reuter AUSTRALIAN Prime Minister Malcolm Fraser, after winning two consecutive elections with record landslides, has now slumped to his lowest ever popularity rating. The 49-year-old former sheep farmer, who suddenly emerged as an influential statesman at the Lusaka Commonwealth Prime Ministers' Conference,Reuter - 994 words
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Article1100 1979-08-11 7 RICHARD HALLORAN - Oil lobbying in America runs into hundreds of millions of dollars per year. RICHARD HALLORAN reports on how lobbying works. RICHARD HALLORAN NYT IT'S KNOWN on Capitol Hill, sometimes admiringly and sometimes begrudgingly, as the Slick and Smiley Show. William Slick Jr is a senior viceNYT - 1,100 words
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Article802 1979-08-11 7 COLIN CHEE - FORUM J With COLIN CHEE WORRYING cannot be all that bad. It is not unnatural to worry although it does get on the nerves, especially after you've spent the night rolling about in bed trying to get a wink of sleep but the mind keeps ticking.802 words
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Page 7 Advertisements
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Advertisement253 1979-08-11 7 NEW Wordpower: Edward de Bono 265 special words are covered here. This big new book from de Bono, author of Lateral Thinking, makes available for the general reader an invaluable store of the vital words which form part of the living vocabulary of every thinking man. The War Lords: A.J.P.253 words
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Page 7 Miscellaneous
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Miscellaneous46 1979-08-11 7 BnStoW: rVanjc Dickens JUe cAtSfeTRKeR is gong F £om e>RD Tb uoßse in ms erpocrs to sbm£. up soror r r >oM&y. NOT OD He TR.Y It) CHP\«Gean ftomissioN Fee T o TMG BUILOCNG Tvus nc«N*NG i Get PV BILL FOR vAcp»t»ng» ,l\g»-(T»ng rnd T^LCPHONC •!S2>x-i46 words
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INTERNATIONAL STOCKS
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EUROPEAN MARKETS
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Article269 1979-08-11 8 AUG 9 Frs CORBEILLE Alr-Llqulde 479 -2 B S N Gervals Oanone C S F (ThomsonCat) ***** 113 9 Cle Francaise des Petroles 1M -1 Compagnle Financiers Compagnle Gene rale 354 4-1 Credit Foncler De France 475 50 -2 Hachette (Llbralrle) 220 unch Machines Bull 60 40 -0.35 Michelln269 words
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Article187 1979-08-11 8 AUO 9 Fta ABN 345.00 1 Ahold 80 30 -02 Akzo 28.00 02 AMEV 97 00 +02 AmfMM 11X50 0.5 Amrot Bank 73.70 +0.7 Bergoos 57.70 -0.3 Berk 96.30 unch Bo Is 08.50 unch BorsumtJ 172^0 -0.1 Burhmann 62.90 02 Byenkorf 71.50 -1 Calve Delft 17V-50 -1 Dell M1J187 words
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Article198 1979-08-11 8 AUG Dm Aef-Telefunken 45.10 Akzo 26 40 Allz Leben 753.00 -7 Allx Ver* 407.00 4 BASF 136-80 11 Bay H T Wbuik 253-10 4.1 Bay Vbank 281.50 5.4 Bayer 130 JOB BBC 287 00 -14 mm 184.00 Casselia 390.00B Chem Verw 256 00 Commerzbank ***** 1-5 Conu Gumml 53.T0B198 words
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Article181 1979-08-11 8 AUG Francs Aruoru Suisse* 200 2 Alusutsse Br 1295 25 Alusutsse Reg 904 Brown Bo vert Br IW 10 Qba Get«y Br 13V 15 Ctbk Oetfy P C IMS 10 Clba Getty Rcc. «o 5 Credit Suisse Br 2340 15 Credit Suisse Ref 428 I Elektrowatt Br. 2125 -15181 words
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Article89 1979-08-11 8 AUG m FORWARD MARKET Aff* 444 >4 Arbed am unch Amtttr sao Brucmn M4 11 Bra-Lamb IW -5 Canpaf (M 8 <%>•£ 440 -10 De Been 290 5 Ebca 1186 unch Electrobel *440 -10 Ob-lnno-Bm 3810 -ID n*m UN unch Hobok 28ZS -15 Petro 4190 -40 Ryl Dutch 222589 words
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Article98 1979-08-11 8 AUG Lire Ante 1U5 -0J5 AttOC a«n 4saao 40 Butoft m -11 Central* 5635 *37 run MOB -3 nunder 135 2 Ocn Immob SO-25 035 in Pn 2852 87 tujcementl ***** 380 ItAlgmi 7S6 •2 Italatder 356 5 ktacneu MPf 825 -2 Marelll Brc tatn -9 Med lob moo98 words
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Article1389 1979-08-11 8 NEW YORK DISCOURAGING inflation news ended a three-day rally and the stock market on Thursday retreated in active trading. The Commerce Department reported that wholesale prices rose 1.1 per cent in July alter a 0.5 per cent June rise. Wall Street had expected an increase of between 0.51,389 words
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Article228 1979-08-11 8 avo AbtUbl Alcan C» It* 3S* uncb -ft Hud Bajr Win Imp OU Inco Int Pro* Pipe *1* MH 22* 1SH ft ft -ft It Alcoma Bank Mont Bank Nova Scotia Bell Tel 27* S M* 21* W -ft unch -ft Int uu InU Nickel Kerr Add Lob taw228 words
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Article298 1979-08-11 8 AUO 1 Rand Toncaat Trust Bk Un Steel Unlaec 38C S] unch INDUSTRIALS SJ 14a 480 ♦a 7 ♦s A Alpha Abercom AE 1W MS m S ♦s uncta Wool worth AMI C Barlowr isas 8M m n lsass ass uncta An(lo* AiwlvaaJ Beffeto Blyyooo Brand MININGS Currte Finance298 words
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Page 8 Advertisements
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Advertisement511 1979-08-11 8 See Page 4 for Asian stocks Where to wine, dine and entertain For drinking. For dancing. For delightful evenings. Music by Bacchus International of London. Open hours: SUN THI 'R 9 PM JAM $12.00 1% IST DRLXK FRI, SA T 9 PM 3AM 5/5 on 3% ISTDR/XK (Viitun SlM*rjttoii a511 words
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MONEY AND EXCHANGES
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Article436 1979-08-11 9 THE US dollar was generally traded on easier grounds yesterday. This was a continuation of the downward movement experienced in New York the previous day. Opening at 1.8820/30 against the deutschemark, the US dollar went on a gradual slide to rest at 1.8175/85. Against the yen, the dollar436 words
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Article50 1979-08-11 9 RESULTS of tender held yesterday for 91-day Treasury bills to be issued from Aug 13 to Aug 17: Offered: (40,000,000 Applied for: $77,650,000 Allotted: $40,000,000 Accepted bids: $96.75 approximately 50 per cent; higher bids in full. Average rate of discount oh allotment: 4.960 per cent per annum.50 words
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Article184 1979-08-11 9 Asian rates ASIAN currency deposit Interbank rates as at close on Aug 10: US Do(lart<8pot) Offer Bid 7 days 10 15/1610% 1 month 1111/*****/16 2 months 11M 11 vt 3 months ll'/« ll'/» 6 months US/16 113/16 0 months 10 15/16 1013/16 12 months 10% 10V« 8«Jn. Dm. /IfUUlA Mnia)184 words
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Article51 1979-08-11 9 RANGE at prices offer* sd by dlacount bouses on Aug 10: Overnight 5% Call deposits 5^ Cloeimf Bayia# Salliag 3 month Treasury bills 51/16 4 15/16 3 month Bank bills 713/18 711/16 3 month CD 7 11/16 7 9/16 6 month CD 713/16 7 11/16 Source: National Discount Co51 words
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Article60 1979-08-11 9 QUOTES on the Australia and New Zealand exchanges on Aug 10: AUSTRALIA: US dollar 1.1327/1.1279 Sterling 0.5091 0.5019 Ninety-day airmail buying rates: Sterling 0.5311 US dollar 1.1707 Ninety-day forward buying rates: Sterling 0.5138 US dollar 1.1342 NEW ZEALAND: Reserve Bank midrate U551.0175 Trading Bank indications Sterling 0.4546/0.«36 US dollar60 words
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Article402 1979-08-11 9 SINGAPORE go Id futures yesterday closed sharply higher compared with last Wednesday's close in very active trading, dealers said. Opening quotations were marked up sharply between U5512.60 to (13.00 an ounce and thereafter eased marginally one some profit-tak-ing. It firmed a further $1.50 in afternoon trading on speculative buying,402 words
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Article159 1979-08-11 9 THE US dollar for overnight delivery yesterday closed weaker at 215.90 yen, compared with a 216.20 opening and 216.35 at Thursday's close. Trading was moderate with volume US$576 million. After early firmness, attributed to a sharp 1.9 per cent rise in Japan's wholesale price index last month, the dollar159 words
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Article36 1979-08-11 9 BANKNOTE rates quoted yesterday: US 512/5.14 UK UJ0/U 70 Burma 1JD1.50 India 5.00/V® Indooeata 0 75/OJB Japan UB/UB Korea O.M/LN Philippines 0.M5/0.MB Stagapore Ul/lfl 2 3K1«S Brunei 2.37-131 Thailand 24.80 25 10 Taiwan 1140/13 7036 words
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Article248 1979-08-11 9 THE MAJOR currencies were quietly steady at the opening yesterday, with the dollar at 1.8195/8205 marks after 1.8210/20 in Hongkong and 1.8225/32 at the previous close here. The higher-than-expected 1.1 per cent increase in US July wholesale prices depressed the dollar overnight but the Fed probably intervened to counteract248 words
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Article21 1979-08-11 9 THE average rate at which Singapore bank® are currently prepared to lend to their beet customer* is 8.25 per cent.21 words
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BANKING AND FINANCE
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354 1979-08-11 9 CHASE Manhattan Bank projects a 60 per cent increase in the price of imported oil in America by the fourth quarter of this year, compared with the same peiod of last year, with the impact of higher oil import costs on US354 words
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Article117 1979-08-11 9 Reuter NIGERIA is raising two syndicated Eurodollar loans, banking sources said. The first US$5O million (Ssllo million) for the Republic of Nigeria, is due to be signed towards the end of this month. Syndication of the loan has been completed. The loan carries a spread of one perReuter - 117 words
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588 1979-08-11 9 LEE YOKE MENG - By LEE YOKE MENG TOKYO Leasing Singapore, the newly-established subsidiary of one of the three largest leasing companies in Japan, will concentrate on both domestic and offshore leasing activities. Managing director Akio Otani, speaking at the official opening of the Singapore company yesterday,588 words
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Article68 1979-08-11 9 Reuter PEMEX, the Mexican state oil corporation, is raising 200 million marks (***** million) through a club Eurocredit to be placed with Luxembourg banks, Eurobankers said on Thursday in Luxembourg. The credit, lead managed by Deutsche Bank CIE Financiere Luxembourg which declined comment, has aReuter - 68 words
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278 1979-08-11 9 Reuter SIX foreign banks want a legal exemption to allow them to sell their own commercial paper in the United States, Securities and Exchange Commission sources said. They are Postipannki, Scandanavian Bank, Barclays Bank International Ltd, Barclays Bank Ltd, Continental Bank of Canada and BanqueReuter - 278 words
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Article117 1979-08-11 9 Reuter TAIWAN has given the mandate to Wells Fargo Bank International of the United States to raise a USJSO-mil-lion loan (5H07.5 million) for Taiwan Power Company, the Taipei government announced yesterday. The syndication, to be guranteed by the Ministry of Finance will have a tenureReuter - 117 words
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430 1979-08-11 9 FOREIGN baiks have rapidly penetrated the United States since late--1972, increasing assets there by 400 per cent and expending their share of dome tic deposits six-fold, the US Comptroller General reported. The dramatic increase ia foreign bank activity was most pronounced in430 words
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Page 9 Advertisements
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Advertisement45 1979-08-11 9 OTTi J A J u wßirSlll photographs combined with lucid, authoritative text to emphasise the tremendously difficult military problems encountered in S.E. Asia, and now in fact, the conflict still rages. WE 1 m Robinson's Bookshop (Clifford Centre Basement) Raffles Place, Singapore 1. Tel: *****45 words
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BUSINESS DONE ON THE SES AND KLSE
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Article1530 1979-08-11 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 (rackets in lots of 1,000 units unless otherwise specified. All Time Settlement Contracts are quoted after the word "sett". Big Board deal1,530 words
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Article145 1979-08-11 10 S'pore Growth 1 Fund 1.U LIT ■MunaomnnT noon BON D UNIT (MMftfMr fM *mu) (C*m ■Iff fees) LU The Commerce The Saving Fund log m LM 1M Income Bond LM S pore Prof Fund 0 .ft us S'pore Sec. Fund L« LTCzd MARA 1 IM nmu S'pore Invest145 words
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Article167 1979-08-11 10 4 1/S« 1/8/80 (290,000) (M.IOB 90.208) 4 S/4% 15/9/80 (250,000) (98.238 99J36) 6 S/4% 1/6/78-80 (230.000) (100J6B 100.458) 6 1/1* l/5/7®-81 (250,000) (80 JOB 100.006) ft 1/4% 1/3/81 (250.000) (99.808 M 706) 6% 15/4/86 (250,000) (***** 99.258) 5* T F 1/5/83 (250,000) (100.068 100.156) 5 S/4% T P167 words
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Article1469 1979-08-11 10 BID and Oder price* officially Beted and taata— In aad reported to the Kuala 1 Jimpw stock Exchange yeaterday with the number of share* traded shown in bracket! In tot* of 1,000 unit* unlea* otherwise specified DTOUTBIALS Aca» (2.258 2JSS) 1 JaiwiTi (2 61fl) AleM (1.908 1.935)1,469 words
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Article2658 1979-08-11 10 Gr'a Gr*» Net 1979 Last Div Div Y'ld P/E Vol Day High Low Company Sale or- Cvr COOO) High Low SECTION ONE INDUSTRIAL COMMERCIAL 261 207 Acma 231 4 15.0 22 6.4 115 2 231 230 190* 123* Alcom 173cd 10.0 15 57 235 148 110 Allied2,658 words
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Article, Illustration579 1979-08-11 10 PBICES were dealt geaerally to a bettor etoee to BMfturi hMyut Mkg ea the Stock Exehaage sf Tradlag to toe msralag leiitta, to parttoator, started ea a Arm aad decisive hellish aete. Altheagh there wai ae vlgereas faliew thwegli sappert to the aftoraeea, ■est toares579 words
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Article618 1979-08-11 10 RENEWED buying support in the afternoon helped the Kuala Lumpur stock market recover from early weakness and brought prices to a mixed close yesterday. After two consecutive days of bullishness, profittakers made their presence felt in early trading and forced prices broadly lower. The selling, however,618 words
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COMPANY NEWS
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Article796 1979-08-11 11 DAVID CHOW - By DAVID CHOW THE CURRENT year ending Dec 31 will not be a season of smooth sailing for the Straits Steamship group, as its interim statement clearly indicates. There are several reasons for this. For one thing, it is anticipated that profit margins will be eroded by796 words
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468 1979-08-11 11 BERJUNTAI Tin Dredging suffered a 14 per cent decline in pre-tax profit to M 542.87 million for the year ended April 30, in line with the expectations of chairman Encik Abdul Ghafar Baba. After a lower tax charge of $25.71 million ($29.75 million),468 words
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Article286 1979-08-11 11 Current Ex Book* Date Total for Total for Payment Date Cloae Riverview 4%(n) Jul 20 Aug 7 Aug 15 7% 12% Senlosa ply 5%TE Jul 10 Jul 30 Aug 15 5%TE Riverview 4%<n) Jul 28 Aug 7 Aug 15 7% 12% Kg Lanjut 6% Jul 11 Jul 21286 words
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Article76 1979-08-11 11 Company Particular* Ex Date Book* Close BSemb N80P Hong Lcod( Bonus Issue of 3 for 1 Bonus Issue of 3 for 2 Rights Issue of 3 for 4 fe $1.00 per share NYA NYA Sept 7 NYA NYA (a) Adjusted (or scrip Issue (b) First and Final (c)76 words
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Article447 1979-08-11 11 NEWLY-listed Jurong Cement just managed to meet its forecast profit of 12.24 million for the financial year ended March 31,1979. Barely two months after its listing, Jurong Cement has reported a pre-tax profit of $2.26 million for the year to March 31, 1979, up 15.9 per447 words
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398 1979-08-11 11 TWO af the three eempaales wMefe an takeover targets ef mfMieh Mi Lowlands the nwntm hw< Bahhat Trust Ltd AnuUgSnuted Rubber have reported aalaspirtog etralugs far the six maaths to March SI, int. Remits «t the third eimpaay, Shaaghat Kelaatea, were398 words
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LATEST RESULTS
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Article101 1979-08-11 11 Unaudited group pre-tax loss of (329,000 (loss $735,000) for tbe six months ended June 30, on sales of $25.22 million ($28.22 million). Parent company pre-tax loss was $567,000 (loss $586,000) on sales of $14.57 million ($12.96 million). The company said a disappointing performance in Ben Hwa101 words
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Article62 1979-08-11 11 Unaudited after-tax profit of MJ3.26 million ($3.46 million) for the six months ended June 30, on turnover of $37.36 million ($27.77 million). Interim dividend was 10 per cent gross (6.7 per cent), payable Oct 2, to shareholders registered on Sept 25. The company said the positive62 words
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Article517 1979-08-11 11 sum™ HOCK LOCK SIEW THE IMPLEMENTATION of the Third Malaysia Plan with its emphasis on low cost housing and the general revival of private construction activity in Singapore are proving to be a boon to suppliers of construction materials. In the past year, demand for asbestos cementHOCK LOCK SIEW - 517 words
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Article154 1979-08-11 11 MALAYAN Credit: AGM to be held in Mandarin Court (4th floor), Mandarin Hotel, Singapore, at 12 noon on Aug 11. 8PP Ltd: AGM to be held at 315, Alexandra Road, Singapore, at 10.00am on Aug 14. Treaggaaa Development and Management Btad: AGM to be held at 1st Floor,154 words
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Article71 1979-08-11 11 WITH depleting tin ore reserves to contend with, Kuchai Development (formerly known as Kuchai Tin) has turned in stagnant earnings at the interim stage. Unaudited pre-tax profit (or the first half-year ended June 30, 1979 inched up only slightly to $413,836 from $410,849 previously. After a tax71 words
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Page 11 Advertisements
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Advertisement230 1979-08-11 11 THE FIRST INTERNATIONAL RUBBER AND PLASTICS EXHIBITION FOR ASIA WORLD TRADE CENTRE, SINGAPORE. 26-30 MAY 1980. Every year, thousands of new rubber and plastic products enter the market. Whether for use in industry or the home, every product reflects some new development in engineering or marketing expertise If you're involved230 words
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Advertisement207 1979-08-11 11 SINGAPORE MCCP9 93/V79 VCL3NO7 6th JUY 1979 PRCE $300 s 5 3 >1 tM 2 r "V TV *T\ «*w> v i^.r- ;*tr S V v V w f -A m flCd A CorvP The tremendous rate of growth in the Asean region has generated a rtrong demand for computers207 words
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Article171 1979-08-11 12 AFP THE 12-year-old Association of South-east Asian Nations (Asean) yesterday won the 1979 Ramon Magsaysay award (or international understanding. Asean, representing 240 million people in Thailand, Singapore, Malaysia, Indonesia and the Philippines, was cited for "supplanting national jealousies that led to confrontation with increasingly effectiveAFP - 171 words
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Article85 1979-08-11 12 Reuter OPPOSITION leader Jagjivan Ram, in an apparent bid to win support from former Indian Premier Indira Gandhi, said on Thursday there should be no vendetta against her. Speaking at a Delhi press club luncheon, Mr Ram said court cases against Mrs Gandhi arising from herReuter - 85 words
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Article810 1979-08-11 12 LONDON, Fri. Share prices finished slightly firmer after drifting initially on lack of interest while government bonds were around point lower on the day on small profit-taking, dealers said. At 3 pm, the Financial Times index was up 1.3 points at 468.7. Trading in all sectors of the810 words
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397 1979-08-11 12 RAHIM KASSIM - By RAHIM KASSIM THE HOUSING AND Development Board (HDB) is testing a new modular brick recommended by one of its architects in the construction of point-block apartments opposite the Jalan Besar Stadium. The bricks, measuring 290x90x90 mm, are introduced by Jurong Brick Works397 words
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Article368 1979-08-11 12 AFP IRAQ and Saudi Arabia are believed to be planning to cooperate in guaranteeing the security of the Persian Gulf with the backing of French naval equipment, the magazine Eight Days reported in London yesterday. The magazine said, "The proposed sale of US$4.7 billion worth of French navalAFP - 368 words
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Article167 1979-08-11 12 EXPORTS of transistor radios to the EEC is no longer subject to licensing. But outward declarations for these exports to France should continue to be sent to the Certificate of Origin unit of the Department of Trade. However, exports of footwear to the USA will be subject167 words
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465 1979-08-11 12 AN EXPERT mUmtm yesterday ihmHiml the Sagv P«re Owwtrt'i eeateaties thai Haw Par ii net faetade the rcaltaed pwftt ef its tima nWiaijr, Grey Seeartttaa, la the map'a T rmillaii j—rmbr The allaiaa, Mr Garret, sealer partner ef the Laadaa aeeeaattag eempa■J»465 words
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359 1979-08-11 12 UPI BRITISH companies trying to win orders in the intensely unpredictable markets of West Asia will find the going tougher this year, a detailed report by the Confederation of British Industry (CBI) said on Wednesday. Costs are rocketing, the report said. Medium-sized firmsUPI - 359 words
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Article, Illustration436 1979-08-11 12 THIRTY-TWO industrial projects worth about MS34O million will be undertaken in Malaysia as a result of the recent investment promotion mission to Europe led by Deputy Malaysian Prime Minister Datuk Seri Dr Mahathir Mohamad in April. Disclosing this in Kuala LUmpur,436 words
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282 1979-08-11 12 SINGAPORE Airlines (SIA) starts a twice-week-ly direct B-707 service from Singapore to Dharan, Saudi Arabia from Sept 1. bringing the number of West Asian points it serves to four. At present, SIA flies to Bahrain, Dubai and Kuwait. Passenger and282 words
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Article155 1979-08-11 12 TAIWAN has enjoyed a prosperous foreign trade in the first seven months of 1979, while domestic inflation has kept an upward trend, government figures showed yesterday. Two-way trade grew by 31.3 per cent to U5516.74 (5536.8 billion) billion with a surplus of $755.3 million in the first155 words
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Page 12 Advertisements
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Advertisement154 1979-08-11 12 Study Accountancy with the Specialists Study with Foulks Lynch J LONDON Since 18S4 loulks I ynch have specialised in tutorinu student*, from all round the world tor the various Aceountanc> examinations and over these vears have achieved 149,000 SUCCESSES 406 FIRST PLACES 376 SECOND PLACES 4,000 other HONOURS and AWARDS154 words
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Page 12 Miscellaneous
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Miscellaneous59 1979-08-11 12 Outlook for Singapore from 6 a.m. to 1 p.m. today: Scattered showers. Report for 24 boors prior to 7J$ p.m. oo August II at the airport. Maximum temperature 30.7 Associated humidity 71 Minimum temperature 25.7 Associated humidity 93 Hours of sunshine 9.5 Rainfall in millimetres Nil Total rainfall for the59 words
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LEISURE TIMES
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Article, Illustration1359 1979-08-11 13 MARGARET THOMAS - PURSUITS FOR YEARS I had waited longingly, dreamily, periodically turning the pages of calendars to savour with my eyes every gracefnl carve, every soft contour. Bat reality, when it finally intruded, came with a hard bump. Snow, you see, when trampled upon by people clomping around in1,359 words
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Article1259 1979-08-11 13 ■orounro Hermes NOT MANY makers nowadays have the audacity to claim that their cars are Gran Turissmo, GT for short. Even fewer of their cars actually deserve such a title. The state of the art of sports car manufacture is dismal. Reliability and economy are twoHermes - 1,259 words
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Article, Illustration313 1979-08-11 14 FIVE Australian films will be screened at the DBS Auditorium from Aug 20-26. They are Caddie (1976) Aug 20, The Last Wave (1978) Aug 21, The Getting of Wisdom (1978) Aug 22, Newsfront (1978) Aug 23 and Dot and the Kangaroo (1977) Aug 26. All films will start313 words
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Article, Illustration336 1979-08-11 14 KTY KUNGFU skills meticulously demonstrated; the good triumphs over the bad; a regular dosage of moral. These are typical of today's kungfu movies. Shaolin Invincible Sticks is certainly no exception. Zhang Yi and Wang Dao, two kungfu experts gave the audience their money's worth byKTY - 336 words
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Article, Illustration117 1979-08-11 14 THE 1979 National Day Art Exhibition will be held at the National Museum Art Gallery from Aug 17-31 daily at llJlam to 7pm. Admission is free. The exhibition is held jointly by the Ministry of Culture, the National Museum and art organisations in Singapore. Some 181 works by117 words
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PROPERTY
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322 1979-08-11 15 INTERNATIONAL Hotel Ltd, holding company of the Grangeford developer Hong Fok Investment Holding, may soon carve its mark on the industrial sector of the property market. Its newly-formed subsidiary Hong Fok Realty has recently agreed to buy over a 76,523-square metre322 words
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Article, Illustration818 1979-08-11 15 TEO TECK WENG - Snperb iirish By TEO TECK WENG THE PRICES of Grangeford apartments now between $144 and $151 a square foot, may seem too expensive to ask for a 99year leasehold property. But 128 units out of a total 192 have already been snapped up and818 words
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Article, Illustration723 1979-08-11 15 FROM NEXT year, office managers entrusted with the job of seeking office premises for their companies in the city centre will find their task extremely arduous. Apart from the waning supply of office space, these managers may be reduced to a723 words
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Article, Illustration598 1979-08-11 16 PETER WONG - PETER WONG THROW the dice and if you happen to pick a card that says: "Go to jail" and don't collect $200, then you are playing a game of chance. A game of monopoly. But if you are at the Mandarin's Belvedere Supper Gub take598 words
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Article, Illustration683 1979-08-11 16 ANTHONY TAN - By ANTHONY TAN THIRTEEN years ago, Mr Wadhu Sakhrani decided to give up textile trading (or the kitchen. Today be is a successful restaurateur, rated as one of the world's best chefs of North Indian cooking. His restaurant Omar Khayyam has gained a sterling reputation in the world683 words
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Article662 1979-08-11 16 KOH TSE YING - By KOH TSE YING TRAVELLING by container sfaip is all very well for lifeless, Indifferent cargo. But (or pampered human beings used to ready-made entertainment, a voyage on a cargo ship can be a bit of a drag, especially if the Journey is long and the ship662 words
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Page 13 Advertisements
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Advertisement33 1979-08-11 13 Kodacotor 400 film. The adventures of Little Dot in a kangaroo's poach ................Page n Grangeford gets overwhelming response m Harem's joy and feast for Mogul kings IV Take a chance on Monopoly .........IV33 words
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Advertisement366 1979-08-11 13 JHipW— Cffca* m jy^jl lOIO9OOQ IOOk. KM KILLING TIME by Sandy Fawkes Sandy Fawkes felt like screaming inside. The man she'd spent six days and nights with "a cross between Robert Redford and Ryan O'Neal" had just been revealed as a mass murderer, rapist and a pervert. Sandy lived to366 words
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Page 13 Miscellaneous
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Miscellaneous928 1979-08-11 13 WHAT WHERE FILM SHOWS THE NATIONAL MUSEUM will screen two colour films for students today at 10.45 am. Admission is free on a first-come-first-served basis. A Sense of Involvement and The Little Sheperdesses are by courtesy of the Embassy of the New Zealand High Commission. FANS of William Holden, the928 words
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Page 14 Advertisements
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Advertisement49 1979-08-11 14 Gamma Coupe \N( \n Italian masterpiece ol design and performance "V- V. 'V-. sss; m 7 >. N vkfe* -V y NfeE v-.-l r fc/ **P-! A r s*: P^Mi EH ?V 7esf drive it today at: Sharikat Fiat Distributors (M)Sdn. Bhd. 24 Leng Kee Road Singapore 0315 Tel: *****549 words
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Page 14 Miscellaneous
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Miscellaneous366 1979-08-11 14 LIDO (*****4): The Deer Heater. Winner of five Academy Awards, this show is about three close friends from a Pennsylvania steel mill community who enlist to fight in the Vietnam war. Starring Robert De Niro, John Savage, Christopher Walken and John Cazale. (11, 2.30, 6.30, 9.15). ODEON (*****6): Bated Ami366 words
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Page 15 Advertisements
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Advertisement50 1979-08-11 15 RIDGEWOOD The Most Talked About Condominium in Singapore To live at Ridgewood is l to live in STYLE The Hawaiian style to be precise. Five majestic Highrises and elegant Townhouses grace the landscape. The recreation facilities are outstanding— 2 swimming pools, a gymnasium, sauna, tennis, squash and badminton courts. T*50 words
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Page 16 Advertisements
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Advertisement71 1979-08-11 16 The indispensable guide Id men and women at the helm of Malaysia, Singapore and Brunei. iVAfsill ilrM§:alr'n 41I'ci>:i#v ill it X, VX I ii\ ,-«a A 5 k <: L V > I 1?? CH A Nt °Atj it* pO 0 A ,fsl P 11* *Cl, S ti" s> ff71 words
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