The Business Times, 8 September 1979
1979-09-08
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The Business Times
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Title Section10 1979-09-08 1 BUSINESS TIMES M.C.(P) No. 141/1/71 SATURDAY, SEPTEMBER 8,1919 SO CENTS10 words
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BRIEFLY...
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Article59 1979-09-08 1 A BILL was tabled in Parliament yesterday proposing the formation of a Singapore Broadcasting Corporation.The Bill, which carries the President's recommendation seeks to transfer all the activities and assets of television and radio broadcasting to the new Corporation. It was tabled by the the acting Minister for Culture59 words
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Article63 1979-09-08 1 UPI NEW YORK, Fri. Morgan Guaranty Trust Co. Friday raised its prime rate for corporate loans to 12 3/4 per cent, a jump of half a percentage point, to the highest level in history. At the same time, Citibank, the nation's second largest bank,, raised its prime rate,UPI - 63 words
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Article40 1979-09-08 1 AFP LONDON, Fri. Gold dropped six dollars and then showed uncertainty in early trading today. It fell six dollars to U*****,875, recovered to $333 and then dipped to $332.25. Dealers said a profit-taking trend had developed. AFPAFP - 40 words
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Article47 1979-09-08 1 AP ROME, Fri. Gunmen hijacked an Italian jetliner carrying 172 passengers shortly after takeoff from Beirut, Lebanon, Friday, and ordered the pilot to fly to Cuba, Rome airport sources said. They said the plane was heading toward Nice, France, for a refueling stop. APAP - 47 words
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Article70 1979-09-08 1 AFP BEIJING, Fri. The Chinese Communist Party is planning to break with an almost 80 year old tradition by introducing an electoral system into its organisation. This was announced today by the People's Daily which advocated holding elections with more candidates running than the number of seats available.ButAFP - 70 words
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Article71 1979-09-08 1 UPI BANGKOK, Fri. The Summit Oil Company, Thailand's major importer of petroleum products, has halted all imports until the government agrees to a price adjustment, officials said Friday. Summit, an affiliate of the Summit Industrial Corporation of Panama, claims it cannot afford to buy oil supplies atUPI - 71 words
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Article60 1979-09-08 1 THE Port of Singapore Authority will spend about $33 million on 34 vessels such as tugboats, waterboats, multi-purpose launches, dredges, anti-pollution vessels and survey launches. The sum budgeted for the purchase of the 34 vessels is part of an expenditure of $72 million to improve cargo handling equipment,60 words
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Article70 1979-09-08 1 UPI NEW YORK, Fri. Stocks headed lower early today as interest rates, inflation and the nation's jobless rates all climbed. Trading was moderate. The Dow Jones industrial average, which gained 1.19 points on Thursday after losing 21.50 the previous two sessions, was off 0.33 point to 866.97 inUPI - 70 words
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Article137 1979-09-08 1 Rises Seacorp iaoo 40 Eaao 520 15 Shell 342 8 U I C 340 6 I C B 336 6 Berjuntai 7«5 5 Straits Tradlif 725 5 Tan Ckoif 478 +4 Sin Chew 416 4 M Cement 336 +4 Falls Rahman Hyd 488 -34 Ayer HUam Tin137 words
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Article, Illustration140 1979-09-08 1 Rises SEA Corp 1400 150 S. Mai Tin 1600 +50 Kramat Tin 510 16 Malex 412 10 Guiness 580 +10 D. Keramat 1200 10 U A.C. 376 +08 Shell 340 +06 Rothmans 466 +06 Falls Kempas 515 -10 Pengkalen 590 -10 Sg.Besi 920 -10 Gen ting 400 -08140 words
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Article815 1979-09-08 1 LEE YOKE MENG - LEASING, CARS UNAFFECTED By LEE YOKE MENG THE housing loan business looks almost certain to be the next financial sector to spring a series of interest rate increases. One leading finance company is believed to be contemplating a quarterpoint rise in its lending rate on815 words
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Article217 1979-09-08 1 THE INDUSTRIAL and Commercial Bank has turned up Jo be the dark hocae among listed banks with its revelation yesterday of the best set of interim results for the current financial year. ICB which obtained a listing on the stock exchange only last year with217 words
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Article386 1979-09-08 1 MARGARET THOMAS - By MARGARET THOMAS THE training levy is an economic tax, not a fiscal tax to raise public revenue, and it must therefore be applied across the board. Mr Hon Sui Sen, Finance Minister, thus explained the rationale for the levy in Parliament yesterday. He was386 words
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Article371 1979-09-08 1 THE Government will license a few petrol kiosks to sell diesel in limited quantities to non-Singapore registered vehicles. This was announced in Parliament yesterday by Mr Hon Sui Sen, Minister for Finance, who was replying on behalf of the Trade and Industry Minister, Mr Goh Chok Tong, to371 words
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236 1979-09-08 1 PETBONAS, Malaysia's ■Uhi tmmi Mtrileia ill A m |g cßU»jf| yciitrtty m agreement villi Ike Slagapere PetrcUia Cmpuy (BPC) to m Ike toller's facilities to praeeaa aame IMM barrels mt Mtltjnka enrfe per day. Ike agreemeat pata Ike effletol stomp m m vraagemeat wklek236 words
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449 1979-09-08 1 Reuter SINGAPORE yesterday warned the non-aligned summit conference in Havana that the Kampuchean issue was an attempt to align the 96-mem-ber organisation in a new cold war in South-east Asia. In a speech prepared for delivery to the conference, Foreign Minister S RajaratnamReuter - 449 words
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Page 1 Advertisements
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Advertisement9 1979-09-08 1 v: t^sngafore business k FOR PEOPLE WHO -A MATTER9 words
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Advertisement247 1979-09-08 1 Biggest Payoff from Aggressive Investment Progress is the Power which Cures Economic Trouble In Its newest weekly growth-investment report Capital Gains Research explains how AT&T uses electronic logic to save 3,000 lbs. of GOLD yearly in the plating of connections. If you bought America's leading GOLD stock when logic modules247 words
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Advertisement35 1979-09-08 1 &[$=@[>(=@(,_%>%>$;./|>&=<>,}~] INSWE SIGNIFICANCE rf KDB HOW to la tare COURSES far mtor maaa RECOMMENDATIONS to WATCH tfcftt HOW (»r »h«M itoili MOVE to MBMOPAPI, PfJOTO t, TV AND «AMO WHEBE TO WINE A DINE S, Ai35 words
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Advertisement245 1979-09-08 1 AMERICAS FAVOURITE Golf Clubs. Putters. Bans Bags SUJACusa Sote Agent Merclings Leisure Pte Ltd 23. Part* House. Orchard Boulevard Srtgapore 10 Tel *****55.*****18 Amjmmm <1 ittang socts shops *nO o»o snoos Quarterly... Especially for financiers, investors, shippers and traders in ASEAN. The ASEAN region is growing in importance everyday giants245 words
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TRADE AND INDUSTRY
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Article, Illustration172 1979-09-08 2 MITSUBISHI Electric Corporation, which said it is the first to market the triple system projection television, will unveil a model in Singapore this evening. The model to be marketed here is known as the VH 510 PT. The projection screen measures 127 cm. With a172 words
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Article408 1979-09-08 2 COMEX Services, a Singapore-based French company, is expected to undertake a US$lO million ($22 million) project for Bataan Refinery Corp of the Philippines. This is the largest single project won by the company and involves the laying of offshore pipelines and the building of a single point mooring408 words
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Article165 1979-09-08 2 HUMANENESS In management, the ability of managers to view colleagues and subordinates as human beings who must experience growth, development and a satisfaction to give their is vital to the success of Singapore's economy. This point was made by the chairman of the Singapore Institute165 words
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Article363 1979-09-08 2 JOHN LIM - By JOHN LIM LOCAL sawmillers are planning another trip to Batam Island to find out more about prospects for timberbased joint ventures with Indonesian companies. A 14-member team visited the island early last month at the invitation of the Batam Development Authority. Apparently the visit, hampered363 words
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Article560 1979-09-08 2 THE Ecopomic Development Board (EDB) has since June this year, given 147 loans totalling 121.1 million to 118 small local companies under the Small Industries Finance scheme launched three years ago. According to the EDB's latest bulletin, the Singapore Investment News, the financial assistance has enabled560 words
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Article386 1979-09-08 2 COURSES AND TALKS Sept 17-19: Finance for Nonfinance Managers, Hilton Hotel, SGV-Goh Tan Sept 24-25: Finance (or NonFinancial Managers, Ming Court Hotel, Price Waterhouse Associates Sept 27-28: Planning A Budgetary Control for Management, Ming Court Hotel,. Price Waterhouse Associates Oct 1-2: .Job Evaluation, Ming Court Hotel, Price Waterhouse386 words
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Article, Illustration109 1979-09-08 2 GUTHBIE Wagspare has aeqaired tke ageacy tor Mllu watdei la Sappm. Prevleasly, Gathrte heM the ageacy rights tor Balm far several years The »|tKf wu sseatei la Jaly aai gives Gathne Its seeead llae sI watches. Last year, the ewapwy iM uST^prtSdpL 1 darted Its ewa mar-109 words
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Article552 1979-09-08 2 THE Singapore Institute of Management will now give more attention to courses (or senior managers as it is felt that the institute has in the past been catering to the needs o( middle managers. Several seminars on topical subjects of interest to senior management will be organised552 words
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Page 2 Advertisements
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Advertisement121 1979-09-08 2 PENGUIN BOOKSHOP RUNNERS HANDBOOK RUNNER'S HtndbooM U mat IS^SSSi WHY DO RUNNBK MAKE BETTEK i 10MEXS RUNNING- stimulate lAUAStfcrsh OFHeALTNi a li Here at last is The Runners Handbook, a complete Fitness guide for Men and Women. Whether you plan to Jog a mile or two for better health and121 words
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REGIONAL
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402 1979-09-08 3 AFP ANTI-strike proposals now before the Queensland Parliament were attacked by the federal government yesterday through the Federal Minister for Finance, Mr Eric Robinson. He is a Queensland resident. He warned the Queensland Country Party Premier, Mr Bjelke-Petersen that the 12-per cent swing against hisAFP - 402 words
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Article304 1979-09-08 3 AFP STRONG moves are being made to reverse the Australian trade union attitude to uranium mining so that the Ranger and Nabarlek sites in northern Australia at least, can go ahead. The recommendations of the Australian Council of Trade Union's (ACTU) executive have beenAFP - 304 words
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Article94 1979-09-08 3 THE FIFTEEN crew of the Singapore-registered cargo vessel Avetilla which sank off the east coast of Sri Lanka arrived ashore safely in their lifeboat near the eastern port of Trincomalee on Wednesday morning. The ship's captain, Kreta Venavachai, told Sri Lanka police on landing that94 words
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468 1979-09-08 3 Reuter MALAYSIAN Prime Minister Datuk Hussein Onn will make an official visit to the Soviet Union from Sep 18 for eight days during which he will hold wide-ranging talks with Soviet leaders, it was announced in Kuala Lumpur yesterday. A Foreign Ministry statementReuter - 468 words
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Article281 1979-09-08 3 UPI FORMER US President Richard Nixon will visit China for four or five days from Sep 18 as an official guest of the People's Republic, Beijing sources said on Thursday. Mr Nixon's visit, his third to China, has not been confirmed by either the ChineseUPI - 281 words
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Article181 1979-09-08 3 AFP INSURANCE commissioners of Asean ended their fifth meeting in Kuala Lumpur yesterday with several recommendations to improve the insurance business in the region. A joint statement said the meeting agreed to consider, where feasible, the relaxation of existing restrictions which might be hindering the freeAFP - 181 words
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Article185 1979-09-08 3 AP THREE Japanese heavy machinery makers and Rolls-Royce of Britain have reached an agreement In principle to develop jointly a jet engine for commercial planes at an estimated cost of 140 billion yen (Ssl.4 billion), Tokyo informed sources said yesterday. They said the agreement is expected toAP - 185 words
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Article, Illustration141 1979-09-08 3 AP JAPANESE Prime Minister Masayoshi Ohira's Cabinet yesterday formally decided to dissolve the Lower House of the Diet (Parliament), a first step toward elections tentatively scheduled for early next month. Lower House approval of the decision is expected after a group of opposition parties presents aAP - 141 words
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Article348 1979-09-08 3 MOTOR vehicle assemblers in Malaysia called on the motor vehicle assemblers committee (MVAC) of the Malaysian Ministry of Trade and Industry to appreciate the difficulties encountered in the deletion of items and to be more accommodating to the views of the assemblers. The main problems encountered348 words
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Article41 1979-09-08 3 AP US military authorities notified Congress they propose to sell six countries U*****.6 million in armoured equipment, ammunition and other gear. Malaysia would receive more than 1.3 million rounds of 40-millimetre high explosive ammunition for 18.3 million. AP.AP - 41 words
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THE REGION IN BRIEF
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Article670 1979-09-08 3 Agencies A HONGKONG garment factory was fined HK$2l,OOO for giving false Information when applying for textile export licences, a government spokesman said. The factory, which bad pleaded guilty to the charges, bad declared Singapore and Jakarta as destinations for seven consignments of polyester-cot-ton woven shirts worth U*****,000.Agencies - 670 words
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557 1979-09-08 3 THE MOVE towards using more locally-manufactued components in vehicles assembled in Malaysia may begin with motorcycles. The Malaysian Deputy Prime Minister, Dr Mahathir, said an initial study has shown that there was Justification for a more rapid introduction of a local content programme557 words
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Page 3 Advertisements
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Advertisement65 1979-09-08 3 MACHINERY/TECHNICAL KNOW HOW FOR INDUSTRIAL VENTURE TO RE RASED IN FREE TRADE ZONE IN SRI LANKA LEADING SRI LANKAN INDUSTRIALIST PRESENTLY IN SINGAPORE WISHES TO OBTAIN OFFERS FOR MACHINERY NEW OR 2ND HAND/TECHNICAL KNOW HOW CONNECTED WITH (A) MANUFACTURE OF RUBBER BASED PRODUCTS (B) MANUFACTURE OF PVC/PP PRODUCTS (C)ASSEMBLY OF65 words
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Advertisement13 1979-09-08 3 Scientists Engineers Mathematicians Statisticians..... and all Geniuses This is the answer to vour13 words
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RAW MATERIALS
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292 1979-09-08 4 AFTER a quiet and slightly easier start to trading, rubber prices picked up ground midweek to finish four cents better on balance, says Bsß* day, Catier, Bath Ce. In its review of the Singapore and Malaysian rubber markets for the week292 words
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Article114 1979-09-08 4 WHEAT futures closed TVi to US cents a bushel lower to finish a session of moderate-volume trade in Chicago on Thursday. Locals and commission houses were heavy sellers in throughout the day, traders said. Traders noted exporter buying and spreading. One exporter bought spot September and sold September 1980.114 words
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Article107 1979-09-08 4 CHICAGO soybean futures closed 9V4 to three cents US a bushel lower on Thursday. Ttraders said locals and commission houses were heavy sellers in anticipation of the Leslie crop report, which they expected would predict s record US soybean crop. Commercials traded both sides of the market, floor sources107 words
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Article275 1979-09-08 4 SELECTED commodities conHinwd to find good oversees oo the Stoppert produce market yesterday when the general trend remained mixed. Pepper pricee eaeed following the withdrawal of Interest by the main European and New York buyers. Of late, thee* countries have been buying direct from eourcee like IndoMrta and275 words
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Article95 1979-09-08 4 PHILIPPINE copra exports rote to 17,000 tonne* in August from 9,000 In July but were sharply down from 30,054 tonne* In August 1978 Philippine Coconut Authority statistics show. Total copra exports from January to August, fell to 105,850 tonnes from 285,776 in the same 1978 period last year,95 words
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Article192 1979-09-08 4 YARN and cotton prices were quoted as follows in Hongkong yesterday: (In HK dollars, spot w-fodown) CiHm yams China Blue PhoeOil 30s 2J36; at 3,810, 40s 3.040 (per bait o< SIO Urn). Plaee geedei China Butterfly and Glob* brand unq; Dragon Head unq; Five Lambs unq; Flower and Butterfly192 words
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Article76 1979-09-08 4 C.I.F. North European ports, In US dollars per ton unless otherwise stated. LONDON: Thnra Prcvioua Malaysian 5% ffa bulk per tonne October November unch unch 650 OOsIr 640 00s! r Sumatra 5H ffa bulk August September October November December Afloat MOOtelr 6S2.S0slr SSO.OOelr M7.SOelr M7.50slr unch 652.50slr M2.90alr76 words
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Article56 1979-09-08 4 m RBARB Mb fries la sss Krtvsr. percent ■teen" (raa> Kn'a? tttrtm k toS th market atre^then Ike market dU net respend la the weaker Leaden eieetng m Tharsday and tarnerer totalled 147 tennee, agalaet IS tsnaee en Tharsday wtth sMet dealers reporting eeatlaaed heavy rattening, wtth Mds56 words
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Article326 1979-09-08 4 SINGAPORE! Yesterday's closing prices In SS per kilo, ex-godown: THAI WHITE: 100 per cent firat claaa (Kangaroo) new ens O.K. 100 per cent aacoad cUaa MB, 100 par cant third daaa OJO, 8 par caat m» crop bo acock, B-10 par caat 0.10. THAI BROKEN: A-aupar 0.0. Special OJI326 words
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Article362 1979-09-08 4 AFTER an unchanged opening, the Singapore rubber market yeeterday eased fractionally, mainly on profit-taking la quiet tradThe moralag market closed quietly lower with September One RSS buyers quoted at 178.73 cents per kilo, down 0.75 cents from Thursday's does. Values Ml further In the afternoon following easier London opening362 words
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Article302 1979-09-08 4 R.AS pricaa in emu per kilo jrMtorday: (par kilo) (par Ulo) Int. 1 R.S.S. prompt f.o.b. *0.00 lot. 1 R.S.S. Bep'.»rr.t*r m.00 Int. 1 R J.S. October SL90 Int. 2 R.S.S. mOO UK/Ooat mOO lat. i R.S.S. m .00 UK/Ooat XTL.00 1st. R.S.S. 364.00 UK/Coat MS.OO lat. S302 words
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Article91 1979-09-08 4 NOON 881 11 mt 8MR prion ymt KAI ICirml hrml 3M 00 JUOO OM iktr Mtfc) Octour Forward Mtk) S8R SO 88RH HIIIJ (l'loe palktl (1-loa palWO 288 00N J86.00N 288 00 M3.00 N*» MtOON mooN SMRCV SMRL SMROP 8MRS 8MR 10 8MR ao 8MR SO iiilill91 words
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Article31 1979-09-08 4 Rubber Sept 7 Singapore: September 278.00 cents (down 1.50 oents) Malaysia: October: 280.00 cents (down 1.75 oents) Tin: M51»964 J up $18) i offering: 147 tonnes (up 15 tonnes)31 words
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Article147 1979-09-08 4 THE SUGAR future* market yesterday closed mostly weaker In quist trading, dealers said. October dosed 9.83/9.85 US cents against Thursday's 9.94/96, January at 10.40/70 against 10.38/42 and distant September 11.70/78 against 11.88/92. Sugar futures closing price*: Prevtess CM* Oct 9 81/9.95 I.N/S Jan 10.40/10.70 10.S8/42 March 10.90/10.82 110/04147 words
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Article619 1979-09-08 4 COFFEE: Robusta futures closed a quiet morning £1 up to £7 per tonne down with the March position unchanged. Turnover was CM lots including 22 options. Dealers said the market tended to drift lower on lack of Interest with little indication of any producer activity in the market.619 words
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90 1979-09-08 4 UPI THAILAND has surpassed the rice exporting target set tor 1979 and shipped out more than 2.6 million tons of rice so far this year, a Foreign Trade Department official said. The deputy directorgeneral of the Thai Foreign Trade Department, Mr Danai Tulalambha, said theUPI - 90 words
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ASIAN STOCKS
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595 1979-09-08 4 TOKYO Source: DBS-Datwa INVESTORS continued to ■e*rch out individual-incentive stocks centring on machine tool* and high technology issues. The Nikkei Dow-Jooea index closed st YM10.98, off Y14.54. Turnover was relatively firm at 290 million shares. Yesterday's highlight in the morning session was Investors' increasingSource: DBS-Datwa - 595 words
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Article114 1979-09-08 4 THE MARKET yesterday closed mixed with commercials posting gains while minings and oils declined, dealers said. Turnover Ml to 111 million paaos from Thursday's 7.73 MPT OJ P»«o» ACttt* MUilnf Ml *MM auu Can. A AUw Con. B. »JM -M h|«ie OoW MM uneh Bmcutt Cta m* -ta Br114 words
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Article228 1979-09-08 4 Source: SHK See Ltd THE MARKET yesterday opened Ann and maintained a bullish ton* throughout the day. Hongkong Land featured again aa the star with talk of a sale of Star House or Gammon house. Other property shares were well traded but without a trend. SEPT m KJCf Am&iSource: SHK See Ltd - 228 words
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Article276 1979-09-08 4 STOCKS yesterday closed easier with most counters registering gains in moderate trading, dealers said. First Trust and Asia Credit rose six baht each to 166 and 226 respectively, while United Flour Mill gained eight to 256. 8EPT 07 Bahta Aim credit m Asia Fibre 117 ♦1 Ayuthaya In* And276 words
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Article296 1979-09-08 4 COAL producers and selected metals made strong gains in otherwise steady trading yesterday, with the all ordinaries, now teas than four points from its rscord high, firming a quarter of a point to finish at 669.65, dsaters sakl. The record profit and increased vididend reported by thteas resulted in296 words
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Article56 1979-09-08 4 FINANCIAL TIMES iNDurrmiALS Thursday—. 490.7 wtdnMdbr nra Wiik Affc- 4M4 DOWJONU AVKKAOK iNDurrmiALS Thuraday tTTJI w«dMiu]p mil Waak i«o MMO LONDON OOLLAB ntSMIUM Tfcuradajr »H to Wadnaadajr MtoMvt HJLHAKG SENG frkUy 255*22 Thursday f5?*S Vwk M» ***** ■TDNXY INDUSTKlALt rrtday— gj-g Thursday WMfc MO 8X7.71 ALL OEDINAWM rmur-56 words
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Page 4 Advertisements
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Advertisement325 1979-09-08 4 SINGAPORE MCtP) 93/V79 VOL 3NO 8 fit*i AUGUST 1979 PRCE >300 ilill Jf r «p AX s i >» r I T^W"* Being in a fix is far from comforting. The August issue of Singapore Business looks at the binds in some areas and suggests some ways out: In a325 words
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Article759 1979-09-08 5 ARRIVALS Sonriee Local Operator Naaber Tine Proa MAS MH607 0845 KUL MAS MH671 0945 PEN/KUL CAL CQOG 1000 HLP CPA CX710 1005 HLP GIA GA980 1030 HLP SIA SQ211 1045 HLP SLA SQ103 1045 KUL MAS MH6Q5 1045 KUL GIA GA944 1055 PKU CIA GA908 1100 MES759 words
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Article, Illustration510 1979-09-08 5 EXPECTED ARRIVALS TODAY KEPPEL WHARV ES Al Muharraq (0600 after San John hauls A Kyuta Mam sails) 8/9 Bunga Gelang (after Dong Min Must sail not later than 0530 10th) 44 Good Samaritan IT (Tanker) (after Mikhail Vldimirskiy shifts Subject gas free P/O) 14 Golden Sea 707510 words
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OVERSEAS
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Article174 1979-09-08 5 NYT THE US Federal Communications Commission on Thursday proposed a number of steps to allow the radio industry to broadcast programs and commercials free of government control. The proposals, which may come up for a final vote early next year, are expected to stir vigorous debateNYT - 174 words
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271 1979-09-08 5 AFP INDONESIAN Vice-Presi-dent Adam Malik has called on developing countries urgently to formulate principles and programmes to implement "concrete measures of cooperation." Without economic cooperation to realise national and collective self-reliance, their relationship to the advanced countries would continue to suffer imbalance, he told theAFP - 271 words
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WORLD IN BRIEF
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Article319 1979-09-08 5 Agencies TRANS World Airlines is planning cutbacks in airline service and lay-offs of at least 1,000 employees next month. Officials cited the projected recession, rising fuel and operating costs and decreases in air travel in what was termed a "modest fine tuning" of expansion plans. SALES etAgencies - 319 words
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Article126 1979-09-08 5 AFP THE BRITISH Trades Union Congress (TUC) on Wednesday unanimously adopted a resolution asking the government to act to stop the deterioration of long-term prospects of the British textile and clothing industries. The resolution emphasised action to safeguard the 75,000 jobs those two industriesAFP - 126 words
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Article142 1979-09-08 5 AP THE HOUSE of Representatives approved a US$7.7 billion foreign aid bill on Thursday, chopped $1.4 billion below President Carter's request, and rejected an effort to delay aid to Nicaragua. The House rejected 221 to 189 an amendment by Representative Robert Bauman of Maryland, to holdAP - 142 words
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169 1979-09-08 5 NYT THE US Csagress *wl< g» BlwWCr UUUI irTBMCSt UUT* er waits la a msllfMlHsa dsIlT syathetle faels programme tor the aatlea, a m—ltlsg firm n rimmrslndto Iks Senate KT, mk tf three committee, fast facie apprsaeh Is develop coald 4s ham IsNYT - 169 words
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449 1979-09-08 5 Washington Star AMERICAN companies are continuing to increase investment outlays despite the recession, which should help to prevent a severe economic slump, a Commerce Department report indicated pn Thursday. The department said businesses plan to spend U*****.1 billion (or new plants and equipment thisWashington Star - 449 words
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Page 5 Advertisements
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Advertisement37 1979-09-08 5 men and women at the helm ■'ma t. v zfis M M hh ;-V/ 1 07# M N V ISl^ fi :?k i<r* Available now at $40.00 Clifford Centra Bawment, 24 Raffles Place, Singapore 1. Tel: J37 words
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Article477 1979-09-08 6 HOUSING loan rates are set to rise, some bankers and financiers have declared. This is in line with the general trend towards higher rates. While this is perfectly accurate, it must also be borne in mind that housing finance must be distinguished from other loans in477 words
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224 1979-09-08 6 THE trip to Batam Island planned by local sawmillers is pertinent, despite their apprehensions, for it can be seen as an effort by local-, industrialists to venture beyond familiar grounds. The investment incentives are there the Indonesian government will not tax timber exports224 words
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2613 1979-09-08 6 EDWARD DE BONO - A corporation which is always solving day-to-day urgent problems and never has time for important longer-term thinking may find that one day it has no business at all. This is the second part of an. article based on the recently published book, Opportunities, by EDWARD2,613 words
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Page 6 Advertisements
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Advertisement36 1979-09-08 6 TO ADVERTISE YOUR INDUSTRIAL PRODUCTS AND SERVICES TO MORE THAN 30,900 BUSINESS TIMES READERS IN OUR TUESDAY INDUSTRIAL SERVICES COLUMN PLEASE CONTACT: TOMMY LEE BUSINESS TIMES 1 NEW INDUSTRIAL ROAD SINGAPORE 1953 TEL: 284-8844 EXT 25336 words
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Page 6 Miscellaneous
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Miscellaneous51 1979-09-08 6 BriStoW Dickens rp UME. lb iM I\U3 PWR OF GuCMCS. UE-T'S SQL. GCNTS 9ftXow L£/VTw*£R., XEJRy DiRTy PusfD ouy wotks in pill J»*Ge£S •cb rxfir N woHCSTrnfv< i couldht BRinG Tntm in B£ffcfcE.— u)p*fl£DiO FIT ray N€ju> G€Ag Box rSecoHD cp«R»pkGe Ftom n?o«T *-> 15- TO fcftST lOl^Muty /mo-p«ojtS i51 words
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Miscellaneous934 1979-09-08 6 GLUT OF STORIES A Tke la, hmw, B I s x kSM f I SINGAPORE 5 MALAYSIA 10 I 4.00 PMQuran Reading 4.07 Programme Summary 4.12 Mandarin Movie Love, Love, Ldve 5.33 Documentary 6.30 News in Tani 6.45 Tumpuan Minggu 7.11 Documentary 7.30 News in Mandarin 7.45 Hogan's Heroes To934 words
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Article, Illustration1079 1979-09-08 7 STUART MARSHALL - By STUART MARSHALL FT THIS year, Brazil will manufacture over 900,000 motor cars. Last year, it produced 836,000, an 18.3 per cent increase on 1977. And next year, it confidently expects to exceed one million. It is now the tenth largest car maker in the worldFT - 1,079 words
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1077 1979-09-08 7 JASON CRISP - Adapting to a new job in your home country can be hard enough: it is doubly difficult in an alien culture. By JASON CRISP FT "ON my first day, it will be very important to make a good impression; at theFT - 1,077 words
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Article734 1979-09-08 7 LEONARD SILK - FORUM. with LEONARD SILK NYT THE 1970s are coming to an end, and 1984 the year of George Orwell's totalitarian nightmare for the industrial countries is only half a decade away. The true function of the prophet is not to predict the future but toNYT - 734 words
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Page 7 Advertisements
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Advertisement262 1979-09-08 7 Now! The Buku Merah offers you an ever more 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 that262 words
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INTERNATIONAL STOCKS
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EUROPEAN MARKETS
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Article269 1979-09-08 8 SEPT 06 Fra CORBEILLE Air-Liquide 408 •1 B 8 N Oernu Danone 794 19 C S F (Thomaon-'443-40 C*/> 3J Cle Francaue dei Petrotea 230 *14 Compacnie Financier* Compafnle -7.5 Oenerale 381 Credit Fonder De France 409 unch HacheUe (Ubratrt*) 210 -0.5 Machines Bull SI.» 0-25 Mtchelin (B) 916269 words
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Article200 1979-09-08 8 SEPT 06 Dm Aef-Telefunken 46-00 unch Akao 21 JO Alls Leben 620.00 -10 Ails Vers auto -M baar 138JOB Bay H T Wbank 236J0B Bay Vbank moo Bayer 132J0 -OJ BBC moo BMW IKSOB ■4 Cassella 361 OOB unch Chem Verw msoB CommersDank 101.60 Conll Oumml 57.00 li Daimler-Bens200 words
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Article184 1979-09-08 8 SEPT Francs Actions Sulsses Alutui— Br Alusulsse RCf Brown Bomt Br. ClUa Oelcy Br. cit* octo r c Clba Of 1(7 fUf Credit Suisse Br as 130ft Ml 1933 iao 1040 as an 1 -10 •1 -10 -IS 5 -S unch Credit Suum K*t Elektrowatt Br. Oeorfe ruclm Br184 words
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Article192 1979-09-08 8 SEPT 06 na abn iM.OO unch Aftold 81J0 -0.7 Akao 30 00 -0J amev as to uncb Am fas uuo 0J Am rot Bank 72J0 -01 BerfOM MJO 1J Berk 95 50 uncb BoU 97 00 1J Borsumij WOO unch Burnmann MJO 08 Bjrtnkorf W OO -0.4 Calve Delft192 words
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Article95 1979-09-08 8 SEPT 06 rr* FORWARD MARKET ACfC 422 2 Arbed 3610 •35 Astur 510 unch Brucan 000 4-6 Bra-Lamb 1730 unch Can pic 906 -2 Cock 410 -10 Dc Been 266 -4 2175 -5 Elcctrobtl 0410 30 Ob-Inno-Bm 2550 -25 0«v u« uncn Hobok 2650 unch 5100 60 Ryl Dutch95 words
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Article101 1979-09-08 8 SEPT 06 Lire A B (T 13J0 -05 ***** 150 Buiofl 849 -1 Central* fl272 22 rtat 2170 •10 ttn«Utor IM -2.5 Ocn Ira mob S3.2S -1.5 in Pr» 33t0 «7 luiccmenu ***** -130 Italfu aoo -8 Ittlixkr 330 •li fclacneu M PI M0 •12 Marelli Ere 334 -7101 words
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Article1314 1979-09-08 8 NEW YORK OIL STOCKS posted aottd gain* to beip the stock market on Thursday recover from the sharp losses in the previous two sessions. Encouraging test results from an oil well in Canada's Beaufort Sea and a Senate Finance Committee vote to exempt heavy oil from the1,314 words
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Article196 1979-09-08 8 SEPT 06 Ct Abltibi ao. A lean 45'. Algotna 30 Bank Mont ats unch Bank Nova Scotia 24' Bell Tel 32'. i BeUi Corp BP Can Ltd 32 4Brasran 23Camp Red Lake 'j Can Imp Bk •i Can par 37'.• *7 Canpac Inv PI Carting OTCeefe z Cominco Com196 words
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Article308 1979-09-08 9 SEPT 06 Rand INDUSTRIALS A Alpha 180 1 Abercom 106 unch AE And CI 460 10 A MIC 1700 Barlows 640 5 Ct Suaar 730 10 cSaTV. 906 9 Cum* Kintnct 100 unch D» Bffri Ind 1700 Edcon 410 9 Edgars 4790 •90 Ev* ready Fad Voit ao unch308 words
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Page 8 Advertisements
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Advertisement602 1979-09-08 8 See Page 4 for Asian stocks e See Page 9 for Jo'burg prices Where to wine, dine and entertain «k-3 I Si;in?esc Seafood V f-9 v jrw <** -Witt 6 Cufhuit <ilolrl V <m m '4 V Steak House Try our Teppan-Yakl steak In our cosy, personalised atmosphere A truly602 words
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BANKING AND FINANCE
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Article, Illustration288 1979-09-08 9 THE Development Bank of Singapore will aoon be the first bank here to use an IBM system (or document handling. DBS' installation at an IBM Direct SWIFT TJnk (DSL) package to Its IBM computer system will also enable It to tap the advantages288 words
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505 1979-09-08 9 THE fairly stable conditions on the international foreign exchange market appear likely to be maintained in the short-term, barring new uncertainties in the economic and political situations in America and the UK. Manufacturers Hanover Trust, In its latest Foreign Currency Review, predicts that for505 words
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Article112 1979-09-08 9 PAPER aid Chemical Industries Corporation, a Burmese stale corporation, and a ***n M "g ooasortlam led by Deutsche Baak (Asia Credit) have signed a medlam-term leaa agree* meat ameaatlag to 33 milIlea Deatsehemarks. Ike leaa, which Is guaraateed by Myaama Foreign Trade Baak, has a112 words
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Article88 1979-09-08 9 THE Nordic Investment Nank (NIB) has raised a 50 million Finnish markka 10.25 per cent 10-year domestic bond at par, NlB's director Erik Rindal said. The issue, which marks the second occasion on which the bank has tapped the Nordic capital market, was fully subscribed to by six88 words
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Article265 1979-09-08 9 THE Singapore branch of Sanwa Bank is Issuing US$l5 million negotiable floating rate certificates of deposit (FRCDs) maturing in September 1962. Singapore Nomura Merchant Banking and Sanwa International Finance are managing the issue and an agreement between the bank and the managers was signed today. Priced265 words
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138 1979-09-08 9 Reuter CHASE Manhattan Asia has received the mandate to arrange a US$2OO million borrowing for Taiwan Power Corp. A bank spokesman said the loan would be over 12 years at a split spread over six months London interbank offered rate (Llbor) of H per centReuter - 138 words
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Article50 1979-09-08 9 THE Canadian government'! Issue expected this month Is likely to total arbund C 51.25 billion with $800 million ottered to the public and the rest to be taken by the Bank of Canada, dealers said. The government has nearly H billion In bonds maturing on Oct L50 words
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Article389 1979-09-08 9 THE US dollar yesterday was tradsd generally on steady grounds and closed firmer against major currencies. Sterling also moved within a narrow range to close slightly easier against the US dollar. Starting off at 230.50/10 against the en, the US dollar then climbed to reach a higher 220.96/06389 words
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Article21 1979-09-08 9 THE average rate at which Singapore banks are currently prepared to lend to their beat customers la 8.5 per eent21 words
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Article170 1979-09-08 9 Asian rates ASIAN currency deposit Interbank rates as at close on Sep 7: USMUf^Sp*) 7day* 11 13/*****1/16 1 month US US 2 month* 134 13». 3 month* 13 U/1S US/16 6 month* US UH 0 month* 13 6/16 US/16 13 month* US U*, Hitt Dm*. IMUIL t month i Mw170 words
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Article48 1979-09-08 9 RANGE of or ton often id by dls> count bouan oi Stp T: Ovwrnlftit Call departs ClMtaf B.rm S«U1m 3 month TrMSurybllli i S 11/10 3 9/16 3 month Bank bill* •H m 3 month CD 9/16 7/16 month CD 11/16 0/16 Source: National Discount Co Ltd48 words
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Article270 1979-09-08 9 THE SINGAPORE gold futures market yesterday turned firmer <m shortcovering Interest after a sharply lower opening, but price* still dosed easier on balance compared with overnight levels, dealers said. Trading was active throughout the day and a trunover of 567 lots was recorded, but below Thursday's record high of270 words
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Article51 1979-09-08 9 RESULTS of tender held yesterday for 91-day Treasury bills to be Issued from Sept 10 to Sept 14: Offered: $35,000,000 v Applied fer: $71,800,000 Abetted: $35,000,000 Accepted His: $98.56 approximately 45 per cent; higher bids in full. Average rale ef discount ea allotment: 5.750 per cent per51 words
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Article128 1979-09-08 9 THE US dollar was well underpinned and marginally firmer in quiet late dealings yesterday, following Thursday's dollar buying by the Fed in New York and the Bundesbank in Europe, dealers said. The US currency stood at a late 220.78/88 yen after opening at 220.40/50 and against New York's closing128 words
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Article101 1979-09-08 9 THE DOLLAR for overnight delivery yesterday closed slightly firmer at 220.85 yen, compared with a 220.50 opening and 220.75 at Thursday's close. Trading was quiet, with volume US$BO4 million. The dollar edged up further in moderate late trading on continued Import covering by Japanese corporations and buying by foreign101 words
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Page 9 Advertisements
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Advertisement452 1979-09-08 9 TRADE with CHINA OCTOBER 11 12,1979 1 Applied Research Corporation and Business Times (a member of The Straits Times Group) will be organising a top level conference on TRADE WITH CHINA. The two-day conference will be held in Singapore on October 11 and 12,1979 at the Shangri-la Hotel. The conference452 words
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1160 1979-09-08 10 BUSINESS DONE ON THE SES THE KLSE In Singapore BID aad ofler prices officially Hated and butaHi in and rapm to the Stock Excitant* of Singapore yesterday with tte number a< starea traded shown in brackets la lota of 1,000 units ualeaa otherwiae npedIM. SECTION ONE INDUSTRIAL ft COMMERCIAL Acme1,160 words
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Article140 1979-09-08 10 S'pare Growth Fund 1.U4 1.1SW BMUNBI UN irnwr INCOME BON D UNIT priea MhftN) > (cmviirtM) The Com mere* MM 2H Ibc—t Bond L14 LM The Savlnf Fund 1 37 MS S'pcre Pro* Fund 0.J7 IB S pore Sec Fund US LTbd MlUmMD runu S pore Invest Fund140 words
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Article2613 1979-09-08 10 1979 High Low Company Last Sale +©rGr's Div Div CVr Gr's Y'ld Net P/E Vol ('000) Day High Low SECTION ONE INDUSTRIAL COMMERCIAL 261 1M 148 180 272 74* 255 350 215 380 207 123* no 140 255 57* 185* 226 177 256 Acma Alcom Allied Choc2,613 words
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Article111 1979-09-08 10 4U*% 1/8/80 (SSOjMO) (MJOB 4tH% lft/8/80 (390JM0) (MMB 1/M1 (3BM00) (MMB y W4M' (MUM) (MMB (MjaMMß) 7^l (1BW0#) ft 8/4* 1/8/78-81 (230,000) (M.4AB (UK) 7* 18/4/85 (39*000) (100.468) 7* 1/8/86 230.000) (100.406) 7 1/4* lft/4/M (380,000) (101 MB) 8 174* T P 18/4/91 (*****0) (100J9B 100JB8) 8 1/4%111 words
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Article86 1979-09-08 10 Striking prices at the option* officially bated on the Stock Exchange of Singapore yesterday, the period, btd« and ottered price* and business done, if any, with the number of options traded shown in brack(Sept HJO) (OJ7B 0.315). «gsr r aS"" <s l M) Psa BMMt (Sept $1.15) (0.24886 words
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Article1379 1979-09-08 10 BID and ofltr price* officially luted Md by*»aea* ta and reported to the Kuala Lumpur Stock yesterday wltt the number at rim traded abamn ta bracket* la lot* of 1.000 unit* unle** othenrtae Mettled INDUfIUAU IJnmili (J. 106) Atmm (LIB IM6) (S) LM cd Alex Bald (UK)1,379 words
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Article66 1979-09-08 10 Jaafc CMfrMFI IMt ACM to be held at the Gardenia Room, Shaagrl-La Hotel, 8 Orange Grove Road, Shigapore, today at llnoan. fatengor Oredflag Barhad: ACM to be held at ted Floor, Wiaana Teh Waa a US, Jaian Bandar, Lnmpur, on Sep 12 at 11 Mom Alexandra ■•Idlaga: AGM66 words
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Article, Illustration482 1979-09-08 10 DMflB earreattj traasl* was tradteg at the Bteek Exehaage of rwaiU Mliisr that Msg affected by the gutter aeted la the leeal gaU exehaage of late- Sease hi marhet efadee helleve that the sreaeat raM irtd h> velvemeat b otphealag mach laveatmeat NaMlty tram Mhu482 words
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Article270 1979-09-08 10 CONDITIONS were mixed to slightly steadier in another fairly quiA session at the Kuala Lumper stock market yesterday. Volume was again low as investors chose to remain on the sidelines to wait for the market to consolidate itself. Trading, as such, was characterised by narrow margins270 words
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LATEST RESULTS
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Article147 1979-09-08 10 Unaudited profit after tax of M 59.41 million (|5.67 mil. lion) on turnover of $58.40 million (550.63 million) for the half year ended June 30. Rubber production came to 11,842 tonnes (12,615), palm oil 17,036 tonnes (10,206), palm kernel 3,574 tonnes (2,108), and cocoa 579 tonnes (625).147 words
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Article68 1979-09-08 10 Estimated unaudited jraup pre-tax profit of $23.40 million (sli.7» million) for the first rix months to June 30, IST*. The company said a substantial increase la the prices of all commodities except cocoa helped to improve ■sridnas It is anticipated that the fall yaw's results will riwar68 words
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Article80 1979-09-08 10 Group pre-tax' profit of $33.49 million(s2l.37 million prevkyusly) for die six months ended. June 30,1979. A first interim* dividend of 14 cents pert share has been declared. Trading results were augmented by an increased contributton from interest on* funds and by exceptional inCome from specially processed material.80 words
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Article23 1979-09-08 10 Unaudited km of 186,169 (profit &40,223) on sales of $4.81 million j (15.71 million) for the six months ended June 30.23 words
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Article78 1979-09-08 10 Unaudited group pre-tax profit of 14H0.82 million (15.84 million), for the half fear ended June 30. Output of rubber came to 5J7 million kOoa (5.31 mil- lion Idlos), palm oil 19.091 tonnes (14,115) and palm kernel 4,7# tonnes (3,430). Total proceeds of rubber and palm ofl products78 words
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COMPANY NEWS
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1245 1979-09-08 11 CATHERINE ONG - By CATHERINE ONG SHAREHOLDERS of Jack Chia-MPH can look forward to further Involvement by the group in the fields of property invettment, leisure and recreation. The vehicle for the group's diversification into the resurging property market will clearly be property company Malayan Credit, in1,245 words
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Article199 1979-09-08 11 Same Total period Jaiy, June, to date previous 1979 1979 (months) year tonnes tonnes tonnes tonnes Aokam 136 93 136 (1) 110 Ayer Hitam 204 132 204 (1) 157 Berjuntai 298 303 924 (3) 1,140 Gopeng 157 V* 159 1,599(10) 1,394 Idris 20 l A 22 Vt199 words
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Article273 1979-09-08 11 INCREASED rubber production, due to the opening of further matured acreage for tapping, and higher rubber prices have pushed interim earnings ahead at Bedford Plantations. Unaudited pre-tax profit for the half year ended June 30, 1979 advanced 79 per cent to $300,000, compared with a 7273 words
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Article404 1979-09-08 11 SJSMLa. by HOCK LOCK SIEW UNIT TRUSTS have traditionally been the ideal medium of investment in the stock market (or small investors who are new to the game and possess little knowledge of individual companies. Such trusts give the newcomer a chance to spread his savingsby HOCK LOCK SIEW - 404 words
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595 1979-09-08 11 ANTHONY TAN - By ANTHONY TAN A MUCH improved Haw Par Brothers International Intends to gradually shut down its troublesome marine division which is still incurring losses, albeit on a reduced scale. After tightening up operations last year, the group appears spot-on to achieve its595 words
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Article119 1979-09-08 11 Letter to the Editor Dear Sir In 1960, I was given to understand that Pahang Consolidated owned a loAg-life mine; also that it would benefit from high tin prices more than other Malaysian mining companies; also that it had a sound and conservative board of directors. In119 words
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Article180 1979-09-08 11 Correal b Book* Date Total for Total for Pijratal Dot* Close Payable tko year Previoua year Tganu D«v 7M Aug 8 Aug 21 Sept 10 7M Sal Dredge 20* Aug 21 SeptS Sept 14 4M SA* J C Knt Jul 23 Aug 2 Sept 17 M M'wata lMTE(b)180 words
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Article125 1979-09-08 11 Company PartktUn Ex Date Books Close U AC IAI I'M W Tu Ckeai Home Ln«| Knlla Botliim UOB Bonui Issue ofl for 3 Bonus Issue of 1 for 2 Bonus Issue of 1 for S Bonus Issue of 1 for 3 RlfhU Issue of 3 for 4 ft125 words
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Article256 1979-09-08 11 mmi ftrpwUhi ef Malaya ■wrt'SiiiM iilSJhr'SiS year to JaaeSl, lfH. Pri tit pnllt tor the ewuuy Ml tto mty whefly swaed -Mi Si, Mflii effltom, mif nil with $SM,M tor the -iwffti pertod In ira. Uto vm Mlfcwi tapito inp ef U& per Mat to greap efttoe256 words
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Page 11 Advertisements
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Advertisement1357 1979-09-08 11 UNITED OVERSEAS BANK LTD (INCORPORATED IN THE REPUBLIC OF SINGAPORE) To All Shareholders NOTICE OF RDINARY GENERAL MEETING NOTICE IS HEREBY GIVEN that en Extraordinary General Meeting of the Company will be held at the Board Room of the Company, 28th Floor UOB Building, No. 1 Bonham Street, Raffles Place,1,357 words
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456 1979-09-08 12 THE PRIME Minister yesterday urged Chinese Singaporeans to use Mandarin instead of dialects as their common language in the future. Once it is clear that parents want their children to learn and to use Mandarin, the government will take "administrative action to support their456 words
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Article291 1979-09-08 12 HSUNG BEE HWA - By HSUNG BEE HWA PRESIDENT Marcos of the Philippines yesterday called on Asean economic ministers to consider across-the-board tariff cuts to accelerate intra-Asean trade. Calling for new approaches to the Preferential Trading Arrangement (PTA), he said, "While we are satisfied with the progress of the291 words
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Article231 1979-09-08 12 MITSUBISHI Electric will begin producing car stereo sets in its Singapore plant by next month, litis will be the first time Mitsubishi car stereos are being produced outside Japan. Trial production will begin next month. Two models will be produced initially and two more models will231 words
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Article, Illustration232 1979-09-08 12 AFP CHINA Is m* sUe to nwuefc, Mp Mi miwhrtw tta ewa npertMle Jet lighten, It photos sf three new rai—— military aircraft pabtletoed by the aew Ageaey (NCNA) are aay To show tkr progress made to the maderatotog CUmh air tone, the ageaey yesterday toned tor theAFP; Xinhxs photo via UPI - 232 words
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199 1979-09-08 12 DEFENCE counsel yesterday told the High Court at the trial of Richard Tarling that the former chairman of Haw Par Brothers International Ltd had "no case to answer" on the five charges against him. The charges under the Companies Act accused him199 words
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Article756 1979-09-08 12 LONDON, Fri. Share prices closed generally firmer in slack trading at the end of the fortnightly account while government bonds finished 1/16 to 1/8 point easier in the riiortdated issues on lack of interest and basically unchanged from yesterday's closing levels in the long-dated issues, dealers said. At756 words
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264 1979-09-08 12 IN PARLIAMENT YESTERDAY THE Trade and Industry Ministry is stepping up the work of its Committee on Profiteering and Inflation In the wake of the government's high wage policy. The committee is now closely monitoring the prices and supply of essential and some264 words
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Article52 1979-09-08 12 THE UNIVERSITY of Singapore has plans to reintroduce part-time evening course (or undergraduates leading to a new degree known as Bachelor of Technology. The new course will be aimed at upgrading technological sills of persons in relevant employment, particularly, engineering diploma holders from Singapore Polytechnic and Ngee Ann52 words
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447 1979-09-08 12 THE Monetary Authority of Singapore (MAS) should continue to license moneychangers and remittance shops so that undesirable persons are prevented from conducting such busiThis was pointed out by the Finance Minister Hon Sui Sen yesterday when he moved that the MoneyChanging and Remittance Business Bill447 words
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Article279 1979-09-08 12 COOPERATIVES do not have to pay more than 5 per cent of their operating surplus to the Central Cooperative Funds. At the third reading of the Cooperative Societies Fund Bill, Dr Ahmad Mattar, Acting Minister for Social Affairs, said this was one of the three subclauses recommended279 words
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131 1979-09-08 12 THE Ministry of National Development will take action against property developers who fail to issue strata titles to commercial property buyers after a stipulated time. This will apply to agreements made before July 20 this year, the date when the recently introduced Sale131 words
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128 1979-09-08 12 FOREIGN states and state agencies will soon come under the jurisdiction of Singapore courts regarding commercial or trading activities. This will be effected by the State Immunity Bill, 1979. The hill, introduced by Mr EW Barker, the Minister (or Law and Science and Technology, had128 words
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Page 12 Advertisements
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Advertisement120 1979-09-08 12 FAR EASTERN FREIGHT CONFERENCE SABAH, BRUNEI AND SARAWAK FREIGHT CONFERENCE NOTICE TO SHIPPERS CONGESTION SURCHARGE LATTAKIA Reference is made to the notice in the press on Saturday. 28th April. 1979:The member lines of the above conferences have advised that marked deterioration in port conditions at Lattakia is causing heavy delay120 words
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Advertisement178 1979-09-08 12 THE FIRST INTERNATIONAL RUBBER AND PLASTICS EXHIBITION FOR ASIA WORLD TRADE CENTRE, SINGAPORE. 26-30 MAY 1980. Every year, thousands of new rubber end plastic products enter the market. Whether tor uee in industry or the home, every product reflects some new development in engineering or marketing expertise. If you're Involved178 words
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Page 12 Miscellaneous
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Miscellaneous58 1979-09-08 12 Outlook for Singapore from 6 a.m. to 1 p.m. today: Scattered showers. Repert for 24 hears prtor to 7J9p.ni. m Sep 7 at the alrpert. Maximum temperature 30.1 Associated humidity 73 Minimum temperature 23.1 Associated humidity 97 Hours of sunshine 6.00 Rainfall in millimetres Trace Total rainfall for the month58 words
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LEISURE TIMES
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Article, Illustration1313 1979-09-08 13 GOH ENG KEE - By GOH ENG KEE FEW JOURNALISTS are early birds, especially on a Monday morning. But somehow the entire corp transformed that August morning and we even got to Bangkok's Don Muang Airport nearly an hour early (or the 7.30 am flight to Chiang Mai, the second1,313 words
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Article236 1979-09-08 13 THESE mast be km yn Mt then whs ■rreelwlly (eel the if|e te pick ap pea iai paper aad write a story. Perhaps yea might waat to tara that (eellag late taet ever this weekead aad the aext twe er three weeks. Get eat236 words
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Article, Illustration183 1979-09-08 14 Francis Chin ALL CHILDREN are immortal until they grew up. And what better way to retain that Immortality than reading, reading, reading? Books bring children a timeless world of strange sights, strange creatures and strange sounds. What a delight to come across a child engrossed with a marvellouslyFrancis Chin - 183 words
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436 1979-09-08 14 Hermes QUANTITY rather than quality characterised the Singapore International Motor Show 79 which just ended at the World Tirade Centre on Wednesday. There were quite a number of vehicles on display but if one were to count the number of new models making theirHermes - 436 words
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Article, Illustration1025 1979-09-08 14 ■oroanra wtthTWmes THE WRITING is clear on the wall (or motoring enthusiasts the world over to see. As the cost of motoring rises, so will the demand for fast, frugal and inflationbeating super minis. In Singapore in particular, where regulations abound to stifle luxury of high capacity1,025 words
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Article227 1979-09-08 14 THE DEPARTMENT of Extramural Studies and the Centre lor Musical Activities, both of the University of Singapore, will Jointly organise courses on musk: and dance. an fight session course by Miss Maureen Um, win be held every Fttday, starting from Sep 14, from 7.30pm to227 words
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Article, Illustration298 1979-09-08 16 Violet Chow - Violet Chow DRUMS beating, heat rising and people dancing wildly to the sounds of Slaughter Incorporated, the group completely captivates the Lost Horizon crowd when they kick off with Chic's Le Freak. This dynamic all black group, from the US, released their debut album, "Slaughter Incorporated", last month298 words
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Article, Illustration383 1979-09-08 16 Francis Chin - Francis Chin LIVERPOOL is famous for three things its harbour, football and the Beatles. Recently, something else from Liverpool was here, the Champagne, performing at Mandarin Belvedere Supper Club (until Sep 23). How would you define "having a good time"? It's really each one according to his mood383 words
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Article, Illustration1216 1979-09-08 16 JOHN KOH - By JOHN KOH the Japanese like "cats' eyes". The Australians like their precious stones, sapphires for example, in chunky clusters. Elizabeth Taylor, and all female stereotypes, adores diamonds (preferably big ones). But the Chinese have always bad a passion for Jade, preferably "old" Jade. Nowhere is this1,216 words
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Article, Illustration93 1979-09-08 16 A FINE selection of Borneo and Indonesian art and antiques will be exhibited (for sale too) today and tomorrow at the Marco Polo Hotel, Presidential Suite, from 11am to Bpm. Take your pick of Borneo and Indonesian ethographic art including native charms, ikat cloths, primitive carvings, antique93 words
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Article231 1979-09-08 16 THE FRENCH Embassy and the Alliance Francaise Jointly present (our films this month to be screened at the RELC auditorium, Orange Grove Road, on Tuesdays at 9pm. The first, Rendez Vous A Bray (1971, Colour), was screened on Sep 4. The remaining three are Often Negro (1959,231 words
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Article, Illustration422 1979-09-08 16 LIDO (*****4): Ito Deer Haater. Winner of five Academy Awards, this show is about three close friends from a Pennsylvanian steel mill community who enlist to fight in the Vietnam war. One of the most popular and certainly one of the best films in town. Starring Robert De422 words
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Page 13 Advertisements
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Advertisement34 1979-09-08 13 I got it-with the nodaKUNortwmJuu instant camera Europe's three Utile fiery bonbemlM •••••••♦••••••••••••••••••••Page D Hew te eat energy censamptieß in m Betd them aaytim4, anywhere ••••■a The gem that leaves yea greea wtth fmvy34 words
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Advertisement372 1979-09-08 13 r r UT.t K± f/y. I inn fcjcxi 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 lived372 words
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Page 13 Miscellaneous
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Miscellaneous951 1979-09-08 13 WHAT WHERE J FILM SHOWS THE National Museum will present three colour film* today (or students at 10.45 am. Free admission. The films, courtesy of the Royal Embassy of the Nederlands, are With a c—l head aad warm heart, Gateway far Giaate and llakaawa H*Uaad. IN A MOOD for romance951 words
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Page 14 Advertisements
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Advertisement135 1979-09-08 14 m in lov< it'si sver ipily, ever Dear, Are in to our tion? sr 0: ftjjgEh m m Jm i- K THESE EYES WERE WITNESS TO A RECORD BREAKING EVEIVT Those eyes saw us sell over 22,500 copies of HER WORLD in July 22,530 to be exact. A record breaker.135 words
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PROPERTY
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Article, Illustration704 1979-09-08 15 TEO TECK WENG - By TEO TECK WENG THE Jakarta Mandarin, the latest to join an august group of hotels managed by notable Hongkong-based hotel operator Mandarin International Hotels Ltd, will be officially open today. Conforming closely to the Mandarin chain's ideal, the new 504-room Jakarta Mandarin will bring704 words
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Article, Illustration293 1979-09-08 15 Lika tha much acclaimed Hongkong Mandarin, the Jakarta Mandarin ha* no avidonca of a diminution in grandaur and atyia. Ita intarior haa baan daaignad to impart a diatinctiva indonaaian flavour. NESTLED deep amid lush greenery, this bouse in a largely residential part of the Upper Serangoon Road293 words
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Article, Illustration618 1979-09-08 15 A VISITING energy specialist has pointed out that the average energy consumption in any existing building may be' reduced by up to 15 per cent without incurring capital expenses. With capital investment, a further 10 per cent may be saved, said Dr Larry618 words
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Page 15 Advertisements
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Advertisement131 1979-09-08 15 ANTIQUES m CMKSC UTNKS I WORKS Of MIT RWOR GALLERY Pitt. Ltd. *****3, FUST FLOOR, FAR EAST SHOPPMG CENTRE ORCHARD ROAO. TEL. *****16 TMEE GENERATIONS OF PROVEN DEPENDABILITY SINCE ISIS PROPERTY FREEHOLD LAND Minimum 2MOO aqJL in Dist t, 10 or 11 with or without structur—roquirod uryontty. Principals only, plooM131 words
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Page 16 Advertisements
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Advertisement172 1979-09-08 16 LEARN the WELL-PROVEN TECHNIQUES OF SUCCESSFUL mwm I SELLING from the SPECIALISTS iWJ THE NATIONAL SCHOOL OF SALESMANSHIP, ENGLAND. The NATIONAL SCHOOL offers you a first class home-study training that not only teaches you how to sell effectively but also prepares you fully for the United.Commercial Travellers' Association (U.C.T.A.) Diploma172 words
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