The Business Times, 1 December 1979
1979-12-01
1
16
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The Business Times
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Title Section11 1979-12-01 1 BUSINESS TIMES M.C.(P) No. 141/1/TJ SATURDAY, DECEMBER, 1, If* 50 CENTS11 words
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BRIEFLY...
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Article57 1979-12-01 1 AFP KUALA LUMPUR, Fri. A special meeting of the foreign ministers of Asean will be held in Kuala Lumpur in the second week of December. The meeting, proposed by Thai Foreign Minister Dr Upadit Panchariyangkun, will discuss follow-up action on the UN resolution calling for the withdrawalAFP - 57 words
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Article85 1979-12-01 1 AFP LONDON, Fri. Gold jumped US$9 in early trading today, reaching $419 an ounce, but was quoted $417.2 at the first fixing. At the same time the dollar dropped. These movements were attributed to a rumour that a hostage at the US Embassy in Teheran had beenAFP - 85 words
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Article53 1979-12-01 1 AP BERN, Fri. Switzerland, in a move designed to help check inflation, lifted five-year-old restrictions on the inflow of foreign funds. The Swiss National Bank announced that the so-called negative interest charge of 10 per cent annually on new Swiss franc deposits held by non-residents will be suspendedAP - 53 words
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Article57 1979-12-01 1 AFP BRUSSELS, Fri. Talks between the European Economic Community and Asean on a new trade and co-operation agreement have made good progress and could be completed late today, sources close to the European commission said. Among major points yet to be settled was the question of protection ofAFP - 57 words
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Article64 1979-12-01 1 Reuter FRANKFURT, Fri. The West German government was not informed before Morgan Guaranty Trust Co acted to freeze Iran's stakes in German companies, German Economics Minister Otto Lambsdorff said. Mr Lambsdorff, speaking in a television interview, said it would have been better if .the government had beenReuter - 64 words
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Article54 1979-12-01 1 UPI TOKYO, Fri. European Economic Community (EEC) officials asked Japan to simplify testing procedures and standards for import items in a drive to open up the Japanese market. After completing talks with their Japanese counterparts, the officials said Western Europe wants to increase its exports of tobacco andUPI - 54 words
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Article36 1979-12-01 1 AFP LONDON, Fri. British Steel Corporation could sack up to 30,000 workers as the result of losses this year, industry sources said today.. Between March and Aeptember this year losses totalled £146,500,000. AFPAFP - 36 words
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Article59 1979-12-01 1 UPI NEW. YORK, Fri. Stocks moved sharply lower early Friday in moderate trading at the Iranian crisis drew the attention of the investment community. The Dow Jones Industrial average, a 1.28-point winner Thursday, was off 6.30 points to 825.42. Declines led advances, 755 to 344, among the 1,510UPI - 59 words
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Chief Price Changes
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Article135 1979-12-01 1 Rises Hyd 830 -1-29 Straits Trading 720 15 Baa Viaw 100 13 Tinea Pab 314 12 Shaagri-La 800 10 Barfantai o ifi 700 390 10 10 Parlia Plaat 280 10 Spore Land 218 +9 B Ray a 201 +9 Kraut 490 +8 8c 1 Propartiea Metal Box Spar* 378 +8135 words
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Article, Illustration164 1979-12-01 1 Rises Indices Rahman Hyd 630 Sg Bed 1080 PetaUng Tin 1110 S Mai Tin (M) 1730 Coosplant Wrts 515 S Trading 730 Sea View 159 MAA 172 S Dredge 460 S Land 215 Perils 259 Hume (M) 270 M U Ind 506 Talam 230 Falls Aokam 444 +20164 words
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Article709 1979-12-01 1 FOO CHOY PENG - ESTIMATED DEBT $16m By FOO CHOY PENG THE financial woes of the Industrial and Electronics and Engineering (lEE) group may soon be over if negotiations between its creditor banks and a London bank are successfully concluded. It is understood that the bank, believed to709 words
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Article268 1979-12-01 1 THE tripartite advisory council of the Skills Development Fund, appointed early last month held its first meeting a week ago and will be meeting again on Tuesday. The council is believed to be actively looking into ways in which the fund can be utilised to268 words
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Article482 1979-12-01 1 THE Singapore Institute of Standards and Industrial Research will soon tie pp with a West German organisation in a technical programme. Mr Friedrich Franz Ziegler, head of the section of the Carl Duisberg-Gesell-schaft (CDG), said details of the tie-up between Sisir and CDG have not482 words
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Article343 1979-12-01 1 SINGAPORE Airlines (SIA) will from next January stop its present thriceweekly 8707 freighter service on the trans-Pacific route to San Francisco. An SIA spokesman said "low cargo rates on the Pacific, fuel supply difficulties and soaring costs" have brought about the suspension of the service. Inaugurated in343 words
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251 1979-12-01 1 THE Bunker sf fmip ezekaage Iwto rtwhl be laereaaed ky at least It per eeat aaaaaUy ever Ike Mit itMie ts eape wttk tke grewtk ef tke (trdp txchuge market. TUb is keeaase there Is a positive csrrelatlsa ketweea tke sinker af Mers aai251 words
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309 1979-12-01 1 JOHN LIM - By JOHN LIM THE Ministry of Trade and Industry will use companies' annual reports as inputs for formulating economic policies if they are seen as a valuable source of information and a reliable weather-vane. This was disclosed by the Minister of Trade and309 words
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Article79 1979-12-01 1 HUME Industries (Far East) Ltd lssL.night became the Overall Winner of the Annual Report Award for the sixth consecutive time. Joint runners-up were Hume Industries (Malaysia) Berhad and Straits Steamship Co Ltd again. Wearne Brothers Ltd received the Commendation for Improvement Award while the Special Company Award79 words
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Page 1 Advertisements
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Advertisement197 1979-12-01 1 ASEAW Bußfwggatßrty Malaysia's canOO««Ml industrial co-aadhMtion act Singapore's low-wane problem n n miiiaiii trade i hinjV supph jrxl vk.ni.uxl ASIANS pmrurv c«nnni<h Jk k Brief an dactmnicp industry in ASEAN Malaysia •-j r r '*<« uiurt Myth and reality of Singapore's induatrial production index that > tart'ii Rrresue tfanxifb taxeshow197 words
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Advertisement7 1979-12-01 1 OMKDS PBTAMNA'S eaO tar «il LEISURE TIMES7 words
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Advertisement182 1979-12-01 1 IuIPNM Golf, Jogging, Tennis, Spuash Soccer Shoes Apparel OEtankl Sol« Agent Mwtttngs Leisure Ptt Ltd 23. Park House. Orchard Boulevard Singapore 10 Tel *****55.*****18 Afto an »aong soots snaps ana co shoos Leader Page C See hoc* page Wgjfoomg MAFis outside the CBD, end it s computerisedfor better efficiency. 1182 words
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TRADE AND INDUSTRY
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341 1979-12-01 2 RUTH CHENG - By RUTH CHENG KIWI International (SEA) is seeking to expand and diversify Its activities in Singapore and Malaysia through the acquisition of an established manufacturing plant. While a 100 per cent acquisition is preferred, a Joint venture will also be considered by the company,341 words
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Article135 1979-12-01 2 THE largest British trade mission this year will be in Singapore (or a six-day visit beginning Dec 6. The mission, organised by the North of England Development Council and supported by the British Overseas Trade Board, will include company representatives who will be here for the first135 words
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Article, Illustration150 1979-12-01 2 THE United Overseas Bank group has announced the winners of its scholarships for 1979/80. They are Miss Pearl Lee Tuan Kee and Mr Kenneth Michael Tan Wee Kheng from University of Singapore and Miss Liu Min Kune and Miss Yoong Lai Heong from Nanyang University. Miss Lee is150 words
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Article, Illustration71 1979-12-01 2 !S T w «ve """twMer, tte v.lv. BM Hi («b.v«). omiedto ™J««* terrain in Ike regian, the machine weighs M tonnes and has a hnrk/t capacity of 425 litres. TUs four-wheel machine can he ued en worksites which vm PEST**!!!? Bsccess > 'e te excavator-laaders. The hncket arm71 words
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Article88 1979-12-01 2 HITACHI Elevator Engineering (S) will be officially opened by Senior Parliamentary Secretary (Ministry of Social Affairs) Mr Chan Chee Seng on Dec 6. The activities of the Juroog-faased factory, which started production Inst March, includes sales, installation and servicing of elevators, escalators, dumbwaiters and autoUnes. Hitachi Elevator88 words
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Article, Illustration552 1979-12-01 2 THE Philippine tourist representative office in Singapore for the Aaean region is planning more aggressive marketing next year to capture a larger share of the lucrative regional market. The plans will be presented to the Philippine Ministry of Tourism during the coming marketing meeting for all552 words
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Article340 1979-12-01 2 COUBBEB AND TAIIB Dec 3-14: Quantitative Techniques in Production Management, NPB Town Training Centre, National Productivity Board Dec 4: Profitable Purchasing Management, SIM Conference Room, Singapore Institute of Management Dec 4: Marketing for the SecreNtary, Hilton Hotel, Coosulasia Dec 5: Effective Report Writing, Hilton Hotel, Consulasia Dec $-7:340 words
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Article, Illustration441 1979-12-01 2 THERE will be a greater need for more specialised suppliers and frees—1 of raw material as industries In Singapore continue to grow. The observation was made by the Member of Parliament for Khe Bong, Mr Ho See Beng, at the official opening441 words
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Article219 1979-12-01 2 BURROUGHS is reorganising its marketing operations in the Far East to meet the needs of its rapidly expanding business in the region. Announcing this, Mr Jean Frenais, corporate vice president and general manager of Burroughs Pacific/ Canada division said: "Order and revenues have shown exceptional219 words
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Article154 1979-12-01 2 THE National Productivity Board will conduct a course on personnel management for business executives and personnel managers from Jan 7 to 28 at the National Pnxtactivity Board Town Training Centre. The 10 session course is aimed at ■■■rifting participants to select, train, develop and use the154 words
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Article, Illustration210 1979-12-01 2 MR AIH Yong YK Ffcng has Joined the Sime Darby group as financial controller of the trading and manufacturing (Asean and Pacific Basin) division based in Kuala Lumpur. Mr Yong, 31, is a Malaysian and a member of the Institute of Chartered Accountants in and Wales and210 words
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Page 2 Advertisements
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Advertisement862 1979-12-01 2 To: Subject: UNITED OVERSEAS LAND LIMITED (INCORPORATED IN THE REPUBLIC OF SINGAPORE) NOTICE All Loan Stockholders Conversion Period -1 st June 1979 to 31st December 1979 of 9% Convertible Unsecured Loan Stock Pursuant to Condition 3(2) of the Supplemental Trust Deed dated 16th May 1979, we are pleased to REMIND862 words
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REGIONAL
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279 1979-12-01 3 AFP AP VIETNAM "deplored" an invitation to tender for oil prospecting by Indonesia's national fuel company, Pertamina, in a seabed still in dispute between the two countries, Radio Hanoi reported yesterday. The radio carried a statement released earlier by the Vietnamese Foreign Ministry sayingAFP; AP - 279 words
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Article220 1979-12-01 3 AP SEVERAL major Japanese trading companies have resumed exports to Iran after a half-month suspension caused by the conflict between the United States and Iran, trading house officials said in Tokyo yesterday. An official at Mitsubishi Corporation said export shipments are resuming "little by little"AP - 220 words
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Article, Illustration42 1979-12-01 3 Despite increasing official criticism ef a few "bad elements" at the Democracy Wall, BeUbg residents are still seen strolling by the wall to read pesters. Bat die reading materials are stale and the pesters tattered. AP phete. AP photoAP photo - 42 words
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506 1979-12-01 3 AFP UPI CONSUMER prices in Japan rose 1.2 per cent in October over September and 4.2 per cent over a year earlier, according to official statistics released yesterday. The Statistics Bureau of the Prime Minister's office said the consumer price index in October stoodAFP; UPI - 506 words
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Article, Illustration66 1979-12-01 3 Salamat All, left, a Pakistan correspondent of the Far Eastern Economic Review, at court in Islamad on Wednesday after being convicted to one year's imprisonment for writing an article which a military court ruled was an attempt to incite people to dismember Pakistan. Rodney Tasker,AP photo - 66 words
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Article180 1979-12-01 3 AFP INDONESIA appears set to reduce the some 50 makes and types of motorcars on its roads to a much smaller and in the eyes of the government a more easily manageable number. Minister of Industries ARSoehoed said, after a meeting with President Suharto on industrial development,AFP - 180 words
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312 1979-12-01 3 THE Malaysian Ministry of Housing and Local Government is considering having low cost housing projects under the Fourth Malaysia Plan (FMP) that will allow private sector developers and contractors to take advantage of the economies of scale. "This will make low cost housing projects312 words
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145 1979-12-01 3 AP MEMBERS of the US congressional Joint economic committee will visit four Asian nations early next year to promote trade overseas. From Jan 3 to 16, Senate and House members of the committee will meet US businessmen working in the Philippines, Taiwan, HongkongAP - 145 words
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Article130 1979-12-01 3 Reuter AUSTRALIAN press magnate Rupert Murdoch has bought a major share in the highly profitable Ansett Transport Industries Ltd, gaining a stake in Anaett's Melbourne Television Station Ato-0. Mr Murdoch's company News Limited, which owns the "News of the Work!' and the "Sun" newspapers in LondonReuter - 130 words
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466 1979-12-01 3 AFP UPI JAPANESE Prime IBatater Masayoahi Ohira will hold two rounds at talks with Chalnnan Hua Guofeng daring hit five-day official visit to China starting on Dec 5. This is his first visit since he assumed his post in December 1978. Mr Ohira,AFP; UPI - 466 words
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Article129 1979-12-01 3 Reuter TAIWAN is to widen its trade contacts with communist countries of Eastern Europe but has ruled out direct trading with the Soviet Union and three other countries, the Board of Foreign Trade has announced. Board director-general SK Shao told Parliament the government had deckledReuter - 129 words
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THE REGION IN BRIEF
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Article403 1979-12-01 3 THE MALAYSIAN Information Ministry is planning a bilateral project to relay radio and TV programmes between Indonesia and Malaysia, Deputy Information Minister Ling Liong Sik told Parliament yesterday. It is hoped that this would be the beginning of increasing cooperation among Asean countries in the fields of culture403 words
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Page 3 Advertisements
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Advertisement32 1979-12-01 3 THIS IS im SYMBOL OF UNITED OVERSEAS LAND GROUP WHICH COMPRISES UNITED OVERSEAS LAND LIMITED HOTEL MERLIN SINGAPORE LIMITED UNITED OVERSEAS DEVELOPMENT LIMITED FABER HOUSE (PTE) LIMITED MOUNT ECHO PARK (PTE) LIMITED32 words
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RAW MATERIALS
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460 1979-12-01 4 Rueter BRAZIL officials and bean crushers took no decisions on 1180/81 soya marketing policy during their meeting yesterday, director of the foreign trade department of the Banco do Braail (Cacex) Benedito Moreira said. Mr Moreira said after the meeting in Rio de Janeiro thatRueter - 460 words
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Article144 1979-12-01 4 Reuter BRAZILIAN exports of soybean meal In October, 1979, to February, 1960 are forecast at 636,000 tonnes, about 736,000 tonnes less than actual exports in the same five months in the 1978/79 period, the US Agriculture Department (USDA) said in its latest report on world production and tradeReuter - 144 words
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246 1979-12-01 4 THE week's trading has been somewhat lacking in a feature, with turnover moderate as prices advanced slightly at the start only to lose the gain subsequently, says HsMisy, Catier, Balk Clips ay in its review for week ended Nov 29. Hie initial 214-cent246 words
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Article89 1979-12-01 4 THE MALAYSIAN Minister of Finance has fixed these rates for the period from November 29, until further notice: Babber: 287 V* cents a kilo; Capr: Mi 1,091.29 a tonne; Palm kernel: $965.75 a tonne; WiMe pepper: $4,652.52 a tonne; Haek pepper: $3,115.63 a tonne; The rates of duty89 words
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Article65 1979-12-01 4 FUTURES in Chicago finished mostly lower with prices off 2V« to up V« cents a bushel on Thursday. Traders said the gains in deferred months came on late local short-covering while the nearby December fell under pre-dellvery liquidation. They attributed the narrow trading range throughout the session to a65 words
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Article344 1979-12-01 4 VERT quiet trading conditions prevailed in the Singapore produce market yesterday. For the bat part of the day prices moved within narrow limits. Pepper prices continued to move on an easier bias (or lack of buying support. Big buyers In Europe and America remained generally withdrawn, deterred by344 words
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Article104 1979-12-01 4 THE Chicago Board of Trade soybean futures rallied late In the session on Thursday on reports (ram Teheran that Iranian atudents will try the hostages if the Shah leaves the US for any country other than Iran. Prices closed near the day's highs, up six to 8 V* US104 words
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Article191 1979-12-01 4 YARN and cotton prices were quoted as follows in Hongkong yesterday: (la HK dollar*. qxx ex-godown) CattM jan: China Blue Phoenix 20a 2,325; 3k 2,530, «a 3,030 (per bale at 400 lba). Pte«* faada: China Butterfly and Globe brand unq; Dragon Head unq; Five Lambs unq; Flower and Butterfly191 words
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Article194 1979-12-01 4 THE SUGAR futures market yesterday closed firmer in continued quiet featureless trading, dealers said. Nearby January closed at 16.00/10 US cents against Thursday's 15.70/85 close, March at 16.40/50 against 15.85/95 with distant October at 15.90/16.00 against 15.65/ 75 cents. The cotton market yesterday continued the recent quiet trend,194 words
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Article244 1979-12-01 4 THE SINGAPORE market closed firmer yesterday with December One RSS buyers quoted at 233.50 cents per kilo, up 2.50 cents from Thursday's close, dealers said. Prices firmed 125 cents during the moraine Msrion on steadier overnight London advices, weekend cover ing, speculative and upcountry baying. The afternoon market rose244 words
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Article292 1979-12-01 4 R.AA prices In cenu per kilo jresterdar IWw. (per kilo) (per kilo) Int. 1 R.S.S. trompt f.o.t Int. 1 RJ5A December 1st 1 R.S.S. January Int. :r.s.s. tJK Coot tot 3 R.S.S. UK Coot tot. 4 R.S.S UK/Coot totsm UK/CoM Du > 292.00 SMI 294.75 2BJ0 MJO 280JO292 words
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Article88 1979-12-01 4 NOON SSI ifl KaMSMRpftaajm tarttr KAB Dmm bar InMf SSR20 SSR90 (1-loa palfat) (1-toa paUMI (Cund Buna I SMJO MUO Mtfc) •Han auw 363-SON mriH 1 sauo MUO Htk) ■M M7J0N M4J0N MRELB SMRCV SMRL SMROP SMRS SMRIO SMRSO SMRM (l-taapdbU (1-laa pdbt) (1-loa palat) (l-«o» palttJ88 words
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Article31 1979-12-01 4 BOMKR gifceHw In Piiilmli Malays fa J«lt ww faJjM* >■■■ trwa fart fltaT'ara ***** tNM kikeMepaMimric*. Impwls fal to MM tNM Na MK Imn to tsr+yis BJMtMjwtytw wifcr. §>wb»t fp**-31 words
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Article51 1979-12-01 4 THE BTBARB Hi price la PnucMi MsBMr ■leal to yeatoriay it •taadMflll m AfNMMrt [[j^. At Ml WM MUy u tdjMtaMt to Tharn<ay'a fclgfclevel^a Metal Frrhin ui higher ewMMftaa M etiUnel •lrai| iaawai jpaiHealailj tram Ike USaai Japaa hetp--f It rhrrfclir irnlafi Tmtvw rtae to fttt |li>|i»»ilii jr>aj51 words
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Article32 1979-12-01 4 Rubber: Nov 30 Singapore: December: 89SJM) cehts (up 150 cents) Malaysia: December: 292.75 cents (up 160 cents) Ik M 92.061 (down 952) Official offering: 242 V* tonnes (np 17Vi tonnes)32 words
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Article326 1979-12-01 4 SINGAPORE: Yesterday's closing prices in S$ per kilo, ex-goaown: THAI WHITE: 1M par cent Dm dM (Kangaroo) warn crop O.M, 110 pM o« eacoad dM OA IM par cent tMrd dM IN, M pv cent wtw crop ao stock. B-1S pv cm k*. THAI BROOM: A for 0.0. Special326 words
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Article782 1979-12-01 4 COCOA: Futures ended first call yesterday morning with pared gains of £10 to £15 per tonne, having earlier moved up to around new recent highs on chart and speculative support. Advance due to higher New York levels set against steady sterling. Trade hedging against fresh origin sales aided782 words
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Article51 1979-12-01 4 C IF. North European ports, In D8 dollars par ton otherwise stated. LONDON: Tkm IMm Malaysian 6% flk bulk par Una* January unch Sumatra 6% tta bulk Daoambar 636.00pd «7JMr February mu* MidOfcfr Mwdi 647J0pd 646*474. May unch M&OOpd Nifaria 6% ffa bulk atf uaq aq Zaire (Bale51 words
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ASIAN STOCKS
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Article240 1979-12-01 4 Source: SHK Sec THE index registered a 6year high yesterday as aggressive local buying in the afternoon pushed shares such as'HK Land, HK Wharf, Cheung Kong and selected second liners to higher levels. Hang Seng index: 762.45 +8.36 Turnover: HK5223.72 mil NOV SO HK1 Am*] Rubber 4.70B 0.1 +aiSource: SHK Sec - 240 words
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456 1979-12-01 4 TOKYO INVESTORS yesterday appeared to be concentrating on quality stocks with particular Incentives and on some spsculatlve issues. Large-capitalisation lines were steady while shipping and fire and marine insurance stocks remained neglected. In the morning session, resources'related issues and quality stocks, mainly electronics, rallied and456 words
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Article163 1979-12-01 4 NOV Aafe Credit Aafe Ptt(* WSL. II "I -4 -1 Bangkok Bulk m ♦I Bangkok Imuiimi "5512? eSf®* no unef ■SPSS EST But Ot Afrilait IJA m Qiyt Mw- arw. Crown Baal IB DaaM Thanl rim TIM O. Steal Qaml IImiiii Qooijaar Indo Thai ■gmUHtta 1X1 t 1 indium163 words
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Article305 1979-12-01 4 PRICES doaed firmer yesterday with the struggle for control d Aaactt Tramport JESTS ■dm w cran Di£wr to Alls, while News Ltd •and two cents to U. 72, dealers Mid. BHP Armed two cents to 19.M while WoodsMe Petus. Brokers tiki farther overseas and local baying interest was Mtahdng305 words
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Article35 1979-12-01 4 FINANCIAL TIMB8 INDU8TEIALI ffff WmdnmSkf 41U WMk Aft 41U0 DOW Mm AVKKAOX DCDUaTUALfl sssa, :aa w~»» tmm rr^ MJMama imM Thursday TMjM IIPMI HBWAU marnf Ulfl Ttouratojr WTJfT AUOUNNAin R «Mk«D IM •74jM35 words
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Page 4 Advertisements
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Advertisement205 1979-12-01 4 SINGAPORE LAND LIMITED CHIEF EXECUTIVE OFFICER (URA sites (URA sites 83, 84, 85 and 86), Invite applications from SL or permanent residents for the ulfjnate position of CHIE OrViCER of one of the (Roup's subsidiary companies the project. The Chief Executive will assume respos development of the Marina Centre. omdble205 words
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OVERSEAS
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Article751 1979-12-01 5 ARRIVALS Service Local Operator Namber Thoe From su/ba SQ/BAJ L7 0710 LHR/BAH MAS MH682 0710 KCH SIA 0815 KUL MAS PEN MAS MH607 0M5 KUL MAS MH671 096 PEN/KUL SIA sgm 1000 HLP CAL CB14 1000 HLP CPA CX710 1005 HLP GIA GA980 1030 HLP SIA SQ103751 words
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Article, Illustration291 1979-12-01 5 EXPECTED ARRIVALS TODAY KEPPEL WHARVES Barge Poly Sebelas (after Putra Jaya P/O Subject Gas Free) 15/16 Knud Maersk (0800 after President Wilson hauls D/ L Must Head West) 35/36 John Bakke (1500 Will shift to .Gdn. 38/39 on ***** rd the) 47 Pampa Argentina (1500 tide) 18291 words
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338 1979-12-01 5 AP UPI THE AMERICAN Labour Federation on Thursday attacked President Carter's proposed "most favoured nation" trade status (or China, saying that the liberal trade terms were not in "America's best interest at this time." Mr Rudolph Oswald, spokesman for the federation, said the US neededAP; UPI - 338 words
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Article312 1979-12-01 5 AP "WHAT concerns us in our relationship with the United States," a leading Japanese steel executive said yesterday, "is the frequent appearance in lavs and regulations of the words 'unfair', 'unreasonable', 'predatory' and 'coneptratory' to describe competitive acts." "Since it requires months and often yearsAP - 312 words
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251 1979-12-01 5 UPI THE US Senate Banking Committee has tossed out the Administration's plan to save Chrysler and instead moved towards a harsher recovery programme that would require a three-year wage freeze for management and labour. On a 10-5 vote on Thursday, the committeeUPI - 251 words
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Article236 1979-12-01 5 UPI A STRONG surge in exports of manufactured goods and agricultural products narrowed the US international trade deficit to US$2.O2 billion (5J4.2 billion) in October, its lowest level since July, the US Commerce Department announced. Exports increased by 6.4 per cent, the largest percentageUPI - 236 words
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Article59 1979-12-01 5 THE Canadian Broadcasting Corporation reports that Ontario's Urban Transportation Development Corporation recently lost a contract to supply streetcars to Philadelphia, US because of alleged Japanese manipulation. The charge quotes an official of Ontario's Urban Transportation Development Corporation as saying that the corporation and a US firm, Boeing, submitted59 words
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382 1979-12-01 5 Reuter THE West German government said it regretted that Morgan Guaranty Trust had taken legal action to impound Iran'p shares in the Krupp Steel and Engineering group. The American bank said it had won a court order freezing Iran's 25 per cent holding inReuter - 382 words
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Article144 1979-12-01 5 AFP LEADERS of the nine-coun-try European Economic Community (EEC) wrestled with the highly-divisive issue of Britain's Common Market payments on Thursday, but no compromise was reached. During the first day of the two-day EEC leader summit, the leaders of eight countries said Britain's payments problemsAFP - 144 words
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WORLD IN BRIEF
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Article478 1979-12-01 5 Agencies THE giant oil firm British Petroleum (BP) has announced profits of £561.7 million (SJ2SO billion) in the period July to September this year. These profits were more than 500 per cent greater than for the previous quarter. A BP spokesman said the big increase in profitsAgencies - 478 words
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Page 5 Advertisements
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Advertisement139 1979-12-01 5 «Jaeger-leCoultre, (Geneve I hue's Inu'mh us t:<r. V t K 'V v v ANS Pie. Lid, G-138 People's Park Complex NANKING Watch Deeler G-2S Peninsula Shopping Complex CONTILG 2-3. Lucky Ptaz* PETBI CHEWS DeptSloio Ist floor. Supreme House CORTMA Welch Centra Pie Ltd GOB Cotombo Court. SMCERE Welch Pie Ltd139 words
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Article341 1979-12-01 6 THERE are two elements of danger in the by the Minister for Trade and IndusNtry that companies should use their annual Reports to "contribute their thoughts on Government's management of the economy through .their annual reports". The first is that some -companies might take the341 words
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261 1979-12-01 6 THE SEARCH for overseas organisations which can provide technological knowhow for Singapore has gathered noticeable momentum with Sisir's planned technical collaboration with Carl Duisberg-Gesellschaft (CDG). The pace wa£ set by plans to move on to a second industrial revolution in the next decade, a phase261 words
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Article, Illustration789 1979-12-01 6 JOE FERNANDEZ - The healthy state of the Malaysian economy is contrary to trends now experienced by the industrialised West. This Depthnews special outlines the (actors behind the Malaysian government's encouraging outlook for 1980. By JOE FERNANDEZ DESPITE ominous trends indicating a definite economic slowdown in the industrialised789 words
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629 1979-12-01 6 ELIZABETH FOWLER - By ELIZABETH FOWLER NYT FAMILY-owned busingmcc in the US number about 10 million. They employ about 44 million people and their sales volume reaches US$l trillion, according to a trade association called the National Family Business Council. To management recruiters like Mr Rene Plessner. president ofNYT - 629 words
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Page 6 Advertisements
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Advertisement164 1979-12-01 6 Wendy Hutton's [NEW iiLUiSINGAPORE ....more than just a cookbook! Here, for the first time, is a local cookbook that gives you more than just recipes. More, too, than lots of fascinating and relevant information about Singaporean ingredtents and cooking methods. Sntagore Food is unique because it puts Singapore's famed cuisine164 words
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Page 6 Miscellaneous
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Miscellaneous1035 1979-12-01 6 RADIO FULL OF ADVENTURE ■▼•r Ones Jewels were X a ui MUi aetwMMhAm, iei alght •Ms le repel Mrt. Of mat t§ j£ DavM Mna kiWrf be le tiL SINGAPORE 5 1.00 PM Opening and Sesame Street 2.05. Cartoon Favourites 2.15 Satwday Matinee The Kinf's IHef 3.35 ABC WUe Werid1,035 words
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Article, Illustration1513 1979-12-01 7 SUSAN HELLER ANDERSON - By SUSAN HELLER ANDERSON NYT WHEN Maxim's disappeared from the Michelin Guide ■w year, it simply conifrmed what most Pari,jtfans already knew. Maxim's is not a restau- rant. Food is served, to be iNre, but no one goes there -t& eat. _rr ParisiansNYT - 1,513 words
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Article, Illustration647 1979-12-01 7 TONY LICATA - propping in a coin produces the opening bars =of Dolly Parton's hit song "Here you come again." Flipping the ball against bosomy 'Dolly' rings up the highest score. TONY LICATA reports on the latest innovations that are hitting the amusement arcades, restaurants, bars andReuter - 647 words
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680 1979-12-01 7 WILLIAM SAFIRE - Was Kissinger a jack of too many trades FORUM, With WILLIAM SAFIRE NYT MR HENRY KWqer evidently did not like being puliayed at a pessimist at a crucial moment. In Mr Richard hftxon's memoirs, in a downbeat moment after Hanoi's spring offensive in 1972 threatened the Moscow summit, Mr NixonNYT - 680 words
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Page 7 Advertisements
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Advertisement179 1979-12-01 7 RUBBCRPIATBO 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 tor use in industry or the home, every product reflects some new development in engineering or marketing expertise. If you're179 words
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Page 7 Miscellaneous
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Miscellaneous10 1979-12-01 7 BllStoW: Frank Eh ckeziS LADVS piMNy fry Vves st APWKojt10 words
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INTERNATIONAL STOCKS
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EUROPEAN MARKETS
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Article249 1979-12-01 8 nov a rr» CORBEILLE Air-UquJde S N Ocrvais Danone CSF (ThomaonCft) 4T0 t» 440 L» -ft 5 etc foncaiae dn Pvtrolm m 1 Compa«nte Financier* Compafnle Oenerale M4 ♦3 Credit Fancier De rrance Hachette < LlDrairte) 471 »aa«t -4 Machines Bull m -0.4 Mkcheltn (B) mo Paribat Pechiney Clflne249 words
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Article68 1979-12-01 8 NOV i "re FORWARD MARKET Armr unch Arted 21«0 15 MS SU 151S -4 ■4 ■4 380 m •4 4 +M |'j g •4 unch unch SC" j ZXt im -4 So* Om Be* IttO -10 8ofln» net 40 MK 10 Tanks 107 ♦1 U Kin m unch V68 words
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Article133 1979-12-01 8 NOV Dm t-Aaf-TeiefunkMi 1 MM ♦1 LJ IE > unch I# uncb 1.4 HlHT WtaAk Ml. L» «L4 a ET B CtWBI V«rw tm -1 m^tsa 3 HI DMMf DfuUcht Bank 143J as. unch mjt -i mm 3J unch IMjM *1 Dae hat >-«< MtM mi a.i I*J MB133 words
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Article184 1979-12-01 8 nov m FIs ABN uua 1 Ahold 77J6 ■U Akao -0.1 AMETV m.io unch An fat MM ♦6.7 Atnro Bank 0590 -0J U-50 nao 43 -01 BoLs 66 00 -0J BorsumiJ ITOJO 1 Burhmann 36Jt -0.1 Byenkorf 02.00 unch Ctivt Delft ***** 1» DeM Mli MM +0-5 Ennti 130-30184 words
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Article97 1979-12-01 8 NOV Actions ft 1*n Ml cs ♦1 y i 1 lr. m im> ino 1MB aeb K a u M ttch r> i'! 23* EZ 2^ V BSD «9 2315 750 Ocorft Olobut n Pr ■chtf Br ■i q 3 MB ♦s 10 McsUr On-like* r* FS *1 v«97 words
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Article81 1979-12-01 8 NOV t* LUW Ante Aaoc Oao Butofl M unch ***** *m M 1( OnlrmJe n*t ruutdcr Oca Immob tn Pri OH unch 21K +4 KL30 4U «0J0 -04 238C -15 iwoo 714 -1 TMhuh. m unch MMMU M Pf M«r»lll Err M -1 no -l nmtm ***** 2S0 *****81 words
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Article1357 1979-12-01 8 NEW YORK RENEWED concern about developments In Iran held the stock market on Thursday in check and prices ended narrowly higher In active trading. Takeover speculation lifted the market moat of the day bat a new threat against the hostages and a threat by Ayatollah Khomeini against other1,357 words
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Article179 1979-12-01 8 NOV AMU KM CI 17H ♦A V. J7* M a* Si BP Can Ltd Camp Had Lake as it Canpac Canpac In* PI Cartlnf OTCeafe »V. til H Con* BaUi Com Marbenor Oankoc U JH ft 1 unch Den toon Dom Stone Don Tar *V> U* aw IS Done179 words
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Page 8 Advertisements
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Advertisement140 1979-12-01 8 Where to wine, dine and entertain rackaga Coat e day* tIMgM) Sangla Occupancy SW7OO Twin Occupancy SSMOOO Trtpla Occupancy SS1«300 GuiaaOTourotSamoaa SO* rabataa on gnan H Santoaa QoltClub Saaiwwng Pool, Slaam CNtdran undat 12 yaara «ad By paiantt S»l5 00 1" ■i i IF YOU'RE LOOKING FOR u 5 2140 words
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Advertisement166 1979-12-01 8 I'or sushi. hor tcppcvK'aki. bar )tln>r authentically Japant'st < /<'lights ;< I V' >r .r I >y i\ s t f s i <V >, A < s > Hi ir\ I "ink "—>l hij ii i«i i SinyiiiMiri 1 Catch Chinese seafoodatits best Dayoriqgfft Each day at the crack166 words
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Advertisement124 1979-12-01 8 See Page 4 for Asian stocks e See Page 9 for JO'burg prices V V Si J 11nose Scii loou 3 ft 99 r •*Ca. i, fe rinlrl m s f®5N Y. i K f y.) til SteaH House v i Try our TepparvYaki steak In our oosy, personalised atmosphere124 words
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Advertisement129 1979-12-01 8 LUNCH AT HIN'S S:. "j' 'Hf; ''LJO ciVOU'S Qt n loo! exotic -> ju'Xiinus at the S*e<:'' .'Vj,:* \\j tOHiPS o"X> M 0 Sucr 'in Pig Suta; i f A tiJDtiQfV, •--•-e-.nv ;<r "amec chet Pon» •■e»- A so aeicious selection bj'o specialities served la HIhTOS ISThKSATIOSAh SIVT.AI'i >Kt. .r129 words
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Advertisement45 1979-12-01 8 a .Have fun thit Sunday .Take a break from the stresses of office. House and schoolwOrk Relax at our poolside. Take a (ftp w fi •4 Wi V «r m HOTEL MERLIN SINGAPORE Beach Road Singapore I7W Tel: *****11 XX& 7r*fZ .>T=sr. 'in* Jittn mm*45 words
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MONEY AND EXCHANGE$
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Article500 1979-12-01 9 THE US dollar yesterday eased against the major currencies, except the yen, on market rumours that some Iranian hostages had been shot. Trading was highly volatile. Against the yen, the dollar opened at 248.60/80, trading quietly in the morning until Tokyo closing when it moved up to 249.30/40.500 words
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Article244 1979-12-01 9 THE US dollar was quoted mixed against major currencies in quiet late trading yesterday with many banks closing early (or end-month reasons, dealers said. Sterling strengthened further to a late U552.1910/20 Ugh from the morning's 2JMO/90 and New York's LHSS/e overnight close, partly following dollar weakness on news Mexico244 words
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Article22 1979-12-01 9 THE average rata at which major Singapore banks are currently prepared to lend to their beat customers is 9.2 per cent.22 words
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Article184 1979-12-01 9 Asian rates ASIAN currency deposit Interbank rates as at close on Nov 30; 7 days 1 month 2 months 3 months 6 months 9 months 12 months U8 D*ilan<8»et) Offer Bid 13 3/19 131/19 1411/1914 9/16 14 H 14 14 3/19 141/19 14'4 14 135/19 133/19 13'* 13 8«ln Das.184 words
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Article44 1979-12-01 9 RANGE of prtc m offer id Iqr 41scount boosts on Nov 31: Ovcratght 3 •S'1% Call depute -9W* CM* 3- month ■>*-( Treasury bills 511/16 59/16 3 month Bank bills 9/16 63/16 3 months CD 6 months CD av> 8H Source: National Discount Co44 words
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Article42 1979-12-01 9 RESULTS of tender held yesterday for 91-day Trensury bills to be Issued from Dec 3 to Dec 7: (Mend: $35,000,000 Apptted far: fUMSO,OOO Afietted: fTT.IWT.9W Aeeepled Mds: 198.59 approximately 24 per cent; higher bids in full. cent per annum.42 words
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Article214 1979-12-01 9 THE US dollar for overnight delivery closed firmer at 249_50 yen yesterday, compared with a 248.60 and 10.00 at Thursday's close, despite active central bank Intervention, dealers said. The Bank of Japan sold an estimated US$l5O million to 1300 million at tHM—ni levels between 248.80 and 249.50 yen throughout214 words
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Article328 1979-12-01 9 THE SINGAPORE gold futures market yesterday closed sharply higher compared with overnight levels in moderately active trading, dealers said. Opening quotations were marked down marginally and thereafter the market fluctuated narrowly during the morning's trading before firming sharply in late afternoon trading on shortcovering interest prompted •by the higher328 words
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Article176 1979-12-01 9 THE US dollar came under heavy frrmmi yesterday morning In a very nervnas foreign rrrhaage market toDowlag iteniMdiig of the IraataacrUs. Dealers dssultoid market condtttons aa volatile, la sharp contrast to Thursday's relative calm. Sterling rose sharply In early deals to straddle the USttJMrvm after sUppl* back from a176 words
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BANKING AND FINANCE
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Article213 1979-12-01 9 TOE LIRA la expected to remain firm against the US dollar and easy within the Euopenn Monetary System in the short term. t( This was highlighted in the latest foreign currency review by Manufacturers Hanover Trust. s Italy's year-on-yenr infla- Hon has reached 18.2 per213 words
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555 1979-12-01 9 THE ASEAN region has as much potentinl lor economic growth as anywhere rise in the world, if not more, a leading US hanker in Kuala Lumpur said. Mr Lloyd of America executive vicepresident in charge of lending policy, said that with the region's555 words
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Article344 1979-12-01 9 AP. UPI THE WORLD Bank has approved a loan of US$BO million to IfcaDanl far a hydroelectric project. The bank said a storage dam and a surface powerhouse with three 100megawatt generate units will be constructed at Khao Laem on the Quae Noi River, north-west of Bangkok.AP.; UPI - 344 words
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802 1979-12-01 9 UPI Reuter JAPAN plans to reject a proposal by the US Chase Msnhaftsii Bank to dsdare s repayment default on USfMO mutton (about SUJ7 bfltton) syndicated loans to Iran, aourcss In Tokyo said yesterday. The loans were ertraded by II major Japanese banks andUPI; Reuter - 802 words
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1165 1979-12-01 9 NYT AFTER a decade of bar* monious growth, the largest and most successful FrancoArab consortium bank is entering a period of uncertainty over the position it should stake out in the financial world. Both the Arab and Flench bankers who run the UnionNYT - 1,165 words
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Article228 1979-12-01 9 Reuter GROWING constraints of Eurofinance and an overall tightening of credit in 1960 is likely to force an increasing number of non-oil less developed countries (LDCS) to go to the IMF for funding, accoding to the latest Annex Book Review. The current account deficitsReuter - 228 words
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Article232 1979-12-01 9 NOV 1 land INDUSTRIALS A Alpha A buxom A* And CI i no no m it it M UOC Bartow* a.—' j m w unch it B5 IS C»rrt» rtauet D» iMfl ind m ♦a unch ttcon (dart Saae fHHXl FM Votk M u' r«tn Owaiao OMwl232 words
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Page 9 Advertisements
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Advertisement280 1979-12-01 9 why not be a Tbp men earn top money when qualified Full training for UCTA Diploma Exam. The mm in the cv could bt You The house and family could be Yours. WHh you In a procperous ntw job annoying a new lifa a heppier a mora rewardmg lifs working280 words
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1115 1979-12-01 10 BUSINESS DONE ON THE SES THE KLSE BID aad otter prices officially IM aad hialnri In and reported to the Stock Exchange of Singapore yesterday with the aumber of shares traded ■oi»u hi brackets in lots of I.ooo_ units unless otherwise specified. BECTION ONI INDUSTRIAL COMMEBCIAL Asm (UB 1278) (3)1,115 words
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Article86 1979-12-01 10 ptMfcrDMt) DtCOMK BOND UNIT TWOHMtH UI Ul [nunlit Jill 11] TV» SMtag M LUT L# im i Mi IS ta taa im L» SponMIW UI IM bimiwh^ Sp ETO d tfUUmitOT fM B'pntra UI UI OfaaaiOT'prtMfcrDMi) Sacood B'putrm UI UI. Mai In i m» Pad UI Uf AH86 words
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Article2541 1979-12-01 10 1*70 High Low Company Last Sale +or Gr*s Div D1T CT Gr*« Net Yld P/E Vol Day (*000) High Low SECTION ONE INDUSTRIAL ft COMMERCIAL 261 207 Acma 198 123* Alcorn 148 110 Allied Choc 180 133 B A T 272 296 Bttt 74* 57H Ben 2962,541 words
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Article84 1979-12-01 10 StriUac priceo of the option officially listed on the Stock ed priott and Hlmitt done, If •ay. «lth the aumber of opttont traded abow* ta brae* eta. C C (Dec- tS-15) (0.J38). ogi «W «1J) (JK r <D < jsr (D Imlmm (Dec 11.85) (0.10 0.245). Frttm (Dec84 words
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Article1227 1979-12-01 10 BID aad otter prices officially listed and hirtnen tn and reported to the Kuala Lumpur Stock Exchange yesterday with the number of shares traded shows In brackets in lots of 1,000 units unless otherwise specified. WHIIIUI Aana(IXBXMB) kktmm (IJSB IJM) AMD (UB MK) M (Uiß 1MB) Mm1,227 words
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Article104 1979-12-01 10 SPP Ltd (formerly Singapore Paper Products) Is back on ike trafl. Its latest eii|uh<Hnu involves a 51 per cent equity stake la a trading company, Lrng Seng Heug Pti? Ltd Tke 51 pur cent stake cmnprtelng 51,000 shares of SI each fuDr paid uo was bought partly104 words
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Article, Illustration558 1979-12-01 10 SECOND Wmn mw4 ef Bh|ifMv yesterday. Seatlneßt eu •gala Mdedjhy the Beagkeag the day inn h he feaatf raasean dreahkHag hi the market, mm taah trwn everseas have heea tajected late betel aad prcpecty Bayiag by Beagksag laveators wae saM te have beea carried eat558 words
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Article514 1979-12-01 10 LIGHT buying on a fairly broad front created a fairly steady trend on the Kuala Lumpur Stock Exchange yesterday and gains were matniy marginal. Share prices opened around overnight levels and were taken a few cents higher in mast cases. Some bargain trading at the514 words
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COMPANY NEWS
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Article, Illustration819 1979-12-01 11 P GUNASEGARAM - By P GUNASEGARAM AFTER a rise of more than a third in Its group net Profits last year, Malayan Ranking la cautiously optimistic about its prospects in the current financial year. Chairman Tu Sri Onto Taib bin HaJI Andak says the group expects819 words
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122 1979-12-01 11 THE "sot" «f i* Mai wifctllw, wUeh UTte(MM It* iHMi «|M tatertaa #vliaad af It par 2r* P !«r«*« DM! its. The Mir akara, aahjeet to toe ipmnl toe retovut iblliißm, wfll act raak far the toilArtl«ai bit raak part paantoafl atoar reapeeta toaiiHa kaa122 words
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Article462 1979-12-01 11 Carraat Payaaal Kx Data CSaeo Data Total far Total for Payable the year Previoaa rear A Bat Kiata Kail** Talaa Mlaaa Gaiaaaaa 8ya Raaiaa CoM Store Glaaaalr KG Flow KahHyd Toakiba PMHU«a C Saaara Ial APea UlC P Marlla pB«i* lackcapa Matal Bo* Bkd iBfikMM Ckla Taek Matal462 words
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Article100 1979-12-01 11 Coapaajr Putinltn b Oat* Bo«ks Cloe* Pub Tazt MUM SKACorg 8ku|ri-U Bonus bm of 1 for 4 Bonus lame of 4 for 5 Bonus Issue of Ifor 1 Bonus Issue of 1 for 1 Bonus Issue of one for fhre Dec 5 Dec 11 Dec* NY A Dee100 words
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Article190 1979-12-01 11 Date LmI Fall Ymm r C PwM muzz? Net BPS <«■*) G 57. Pre-tax PreAft Msia Rice <%> if*) I 9/10 4.0 228 MTC F 17/11 33.0 43.6 52,655 Nanyang Press F 25/11 219 6.0 2387 Petaling Tin F 25/11 95.0 120.0 13,758 Wearnes F 28/11 25.2 17.0190 words
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535 1979-12-01 11 THE 1978/79 account* of Saint Piran, the mining and ixupalj group, have been heavily qualified by chartered accountants Ernst and Whinney. In their report the auditors say the company did not maintain proper accounting records in respect of transactions relating to certain bwikm investments535 words
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Article440 1979-12-01 11 mam by HOCK LOCK SIEW THE Singapore stock market is in a state of flux. Even with this week's fairly consistent buying interest, it is perhaps too early to say if the market is making yet another attempt to break into the secondary movement. A fewby HOCK LOCK SIEW - 440 words
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Article213 1979-12-01 11 INDUSTRIAL BmMH aad Eagiaeerirg (IKE) the financially-troubled electronics manufacturer is nearing an agreement with outside partfcs to restructure the company. The company said this in reply to a Stock Exchange of Singapore's query regarding earlier press reports of a financial rescue plan. IEE said that negotiations have reached213 words
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Page 11 Advertisements
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Advertisement256 1979-12-01 11 ACTION! Action speaks <oude r /.tj f ds The N of Singapore Business 'oo'-s at son-" v has been a t f 'hi- W'l' th<> action t•• as herp tht Testing Japan's Sincerity: The Jaf anese haVe time and again rjos're to help the develop Will the> respond positively to256 words
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320 1979-12-01 12 AP A JOINT venture between American and Japanese makers of outboard motors has violated antitrust law and must be halted, the US Federal Trade Commission ruled on Thursday. Under the 1972 agreement between Brunswick Corporation and Yamaha Motor Company Limited of Japan, a newAP - 320 words
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Article194 1979-12-01 12 AFP JAPANESE Finance Minister Noboru Takeshi ta yesterday announced austere budget estimates for the next financial year and urged cooperation in holding down expenditures, including defence spending and overseas economic aid, to help reduce a swollen budget deficit. The estimates, on which the budget forAFP - 194 words
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Article, Illustration64 1979-12-01 12 Irulaag watching t welder at work m a metal lence being erected arennd the US Enlaay In Teheran where students are still holding 41 hostages. The fence was bnilt as a incHSsllsn against massive crewds marching threngh Teheran en llarsday and Friday daring mHrlsas observance sf Tasna,AP photo - 64 words
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Article531 1979-12-01 12 Reuter AP EGYPT is ready to receive the Shah of Iran at any time, a presidential spokesman said in Cairo yesterday. The spokesman, Saad Zaghloul Nassar, in a statement to the official Middle East News Agency, said the Egyptian Ambassador in Washington has beenReuter; AP - 531 words
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Article291 1979-12-01 12 SEPTEMBER proved to be another healthy month for the tourist industry which saw 179,596 visitors, a 6.9 per cent growth over the same month in 1978. But the cumulative figures for the first nine months of this year was 1,429,596 tourists, a slower growth of 9.7 per291 words
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Article756 1979-12-01 12 LONDON, Fri. Gold mining shares were firmer while other equities weakened after a firmer opening, dealers said. At 3pm, the FT index was down 2.3 at 420.fi. Heavier priced gold issues were up to 188 cents higher in line with the increased bullion fixings, dealers added. Elsewhere, equities756 words
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177 1979-12-01 12 AP IRAN'S Central Bank is taking legal action to release the funds frozen by President Jimmy Carter and which are held in American banks in London, the Financial Times reported yesterday. Chase Manhattan Bank's London branch confirmed that it has received aAP - 177 words
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Article63 1979-12-01 12 THE number-to-number telephone service to Gibraltar starts today, the 74th country to which this service is available. The charge for such a call to Gibraltar is SS27.QO for the first 3 minutes and 19.00 for each subsequent minute, Telecoms said. For a person-to-person call, the charge63 words
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Article463 1979-12-01 12 HUME Indutfrtaa (Far East) Ltd last night became the Overall Winner of the Annual Report Award for the sixth consecutive time since the inception of the competition. The Joint runners-up are Hume Industries (Malaysia) Berhad 'and Straits Steamship Co Ltd. Wearne Brothers Ltd received463 words
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400 1979-12-01 12 AP THE MAJOR task of the General Agreement on Tariffs and Trade (Gatt) is now that of putting the Tokyo Round trade agreements into full effect, the organisation's Swiss director said on Thursday. Mr Olivier Long told a news conference this was "the first priority"AP - 400 words
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Article211 1979-12-01 12 UPI SWITZERLAND yesterday announced the abolishment of tbe negative interest penalty Imposed on non-resident foreigners with Swiss franc bank accounts. The Swiss National Bank said negative interest charges are being eliminated as of Dec 1. A negative interest of 40 per cent annually 10 per cent eachUPI - 211 words
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Article125 1979-12-01 12 THE VOCATIONAL Industrial Training Board (VITB) has come up with a new publication for its trainees called "Tomorrow's Workforce". In its inaugural issue last month, Dr Ahnjad Mattar, the board chairman, said: "This newsletter has been created to unite all VITB trainees, in all (their) diversity125 words
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Article62 1979-12-01 12 THE Malaysian Minister of Science, Technology and Environment, Tan Sri Datuk Ong Kee Hui, and his wife will pay an official visit to Singapore from today to Dec 3. They will be guests of the Minister for the Environment, Mr lim Kim San. During the visit,62 words
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Page 12 Advertisements
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Advertisement235 1979-12-01 12 FAR EAST/GULF OF ADEN AND RED SEA PORTS CONFERENCE 4CH 3V t'lo MJw uCONGESTION SURCHARGE PORT SUDAN REFERENCE 6 MADE TO THE NOTICE IN THE PRESS ON WEDNESDAY, 22ND MARCH, 1978. THE MEMBER UNES 6f THE ABOVE CONFERENCE HAVE ADVSED THAT CONDmONS AT PORT SUDAN HAVE DETERIORATED AND HAVE RESULTED235 words
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Advertisement17 1979-12-01 12 OCR Industrial Building fMit M. x r:; S5 j w T *m 1* If »t I rim17 words
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Page 12 Miscellaneous
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Miscellaneous64 1979-12-01 12 Outlook for Singapore from 6 a.m. to 1 p.m. today: Showers in a few places after midday. Report tor 24 tours prior to 1M p.m. on Nov 39 at the airport. Maximum temperature 30.4 Associated humidity 72 Minimum temperature 23.9 Associated humidity 100 Hours of sunshine 3.10 Rainfall in millimetres64 words
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LEISURE TIMES
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Article, Illustration662 1979-12-01 13 LINDA NEO - MfimnM By LINDA NEO GREEN. I never knew nature had produced such an infinite variety of green. From the rolling plains that stretched as far as the eyes could see to the dark green mountains looming in the background; the trees, grass and groves In a riot662 words
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Article460 1979-12-01 13 TEO TECK WENG - By TEO TECK WENG AS IF ride on an aircraft is the mast pleasant thing in the world, a local travel agent is offering Just such a thrill and style. Sino-America Travel Corporation, or SA Tours in short, has block chartered one of Singapore Airlines' new460 words
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Article, Illustration1055 1979-12-01 14 INO EARLY MORNING BLUES -M A 4v* ■WTOBBW with Hermes i A'TWO Ht(b saloon must be capable «j*any things. Bis not IttrCy a form of *eap transportation like m* little IBec cars that *e see zipping around. The two litre aaftoon moat be elßdeut, sotting, toujh It1,055 words
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Article, Illustration655 1979-12-01 14 PETER WONG - PETER WONG SHE USES hooey and lemon dally to soothe and smoothen the (daks In ho* vocal conk Just ttht you would uae the right grade of engine oil to enaure your precious "Jag" to glide or accelerate with marianum gga ~i emciency. Anita Sarawak's655 words
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Article26 1979-12-01 14 INTERNATIONAL televler, JSPSSR will bTappearing at the Goadweed on Dee i. These will he two ShliT(STaett) at the Cariton Han, a* the thenMlnPMlaS ftpm26 words
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PROPERTY
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Article, Illustration462 1979-12-01 15 TEO TECK WENG - By TEO TECK WENG BUILDING contractor Ong Chwee Kou has taken a bold step Into the arena of industrial property development. Its first project, a factory complex, will be ready next year. 4 Called OCK Industrial building, the five-and-a-half-storey scheme is developed by462 words
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Article, Illustration372 1979-12-01 15 THERE will be the touch of the House of Givenchy in the Hilton hotel soon. At least the hand of its most famous member, Hubert de Givenchy, will be evident. The Parisian d—<gwr Js designing the interiors of 12 suites as part of the third and final372 words
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Article, Illustration580 1979-12-01 15 LINDA TAN - By LINDA TAN I TANG Omob Keng Realty, majority shareholder In 1 retail store C K Tug, has arranged a multi-million dollar loan for the massive botel-cum-shopping complex House of Tang. Local hank Overseas Union Bank will provide *0 mimon as part finance580 words
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Article, Illustration143 1979-12-01 16 A PEEP at Christian Dior's 1900 Spring-Summer Collection and what have we? Asymmetrical or diagonal buttoning for dresses and tailored suits; knee-length I wrap-around or pleated I adrts clinching a I aKuDM r waistline; multi-coloured carnival 'Cariocas' gowns. And the colours.... splashes of lemon, orange, green,143 words
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Article1379 1979-12-01 16 NICOLA SMITH - PARISIAN FASHION SHOW This is ths time of the year when legions of tashion writers, wrapped up in fur coats, descend on Paris.to watch scantily-clad model* preview next summer's haute couture. NICOLA SMITH Joined them to cover her first international fashion-show and found theFT - 1,379 words
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Article, Illustration248 1979-12-01 16 KSUNG BEE HWA - KSUNG BEE HWA THE hnrw sart-carriage trademark of Hermes of Paris Is not merely decorative: it has a special sigttficance for this enterprising family who started out by pwfcetf harnesses and saddles la the IflOa. Today, the Mine Ikiines Is more readily associated with the finest leather248 words
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Page 13 Advertisements
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Advertisement34 1979-12-01 13 Kodacolor4oo film. Kodak's fastest film for color prints Tha Audi CDSE a worthy flagship ft Anita tapa anargy from tha floor—N ContractorOng Chwaa Kou movaa into proparty dovalopmant HI Attending tha aummar haute coutura34 words
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Advertisement74 1979-12-01 13 Mt V wmSRiVv MAwoe; 2000 to 2IOOAO VUWWt CoWtTT I'luSt inits 1 iiiM j s *-a K r-~* xt ~4~ I 1 M »7 EkksSH Batman i > *>•* &e CfHl if. •(-«>«■ T »Ar< AUVHO^iTYTU Cf Erf f Spare Batttes '< r* ■f W- <ipw f s i «r'*74 words
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Page 13 Miscellaneous
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Miscellaneous958 1979-12-01 13 WHAT WHERE J FILM SHOWS THE National Museum's special haMaj Ota Am to Italia* continue on Monday and Thursday. For the musically inclined, the Birth of a Violin shows the history and the art of making violins. And (or all football tans, two treats are in store for you: Introducing958 words
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Page 14 Advertisements
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Advertisement184 1979-12-01 14 A. t m aw; THE STRAITS TIMES BILINGUAL RVGE T" "VT, i ■iO 1 (jS«^}S)(TS3t>#S.3SfflEltiJ»B!t R Co t)t i \t V-/ h i AV> 3«*** By popular demand and to help promote bilingualism, the articles and stories that appeared in The Straits Times Bilingual Page over the past year have184 words
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Page 15 Advertisements
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Advertisement32 1979-12-01 15 g ANTIQUES FIK CHINESE MTKHKS IMHS IF MT RWOK i GALLERY PH. Ltd. 101-103, FUST FLOOR, M EAST SHOPTMG CENTRE ORCHARD ROM). TEL: *****16 TBCE CtKRATIONS OF PtOVM DEPEND AIM.ITY SttCi 191132 words
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Advertisement612 1979-12-01 15 A r i'jr Tim BritMh Experience I 1946-W5:-P Calvocoressi I British Experience it a tana, I rudit WK guide to the UKfly I events and changes that have taken piece in Britain tinea vtar, from tha exuberant optimitm of forties to the fears and confusions of the seventies. It's en612 words
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Page 16 Advertisements
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Advertisement135 1979-12-01 16 rvive leeling her uee <ly 1 after Are v"*1 i if »v v£. T* .fPlSr^ mm >* .5 fs&i* v~ >V H rr,.' > jps Ui* 3&fi -4 -urn* m c <» c,>. v* v- V I BROKE THE 22.500 BARRIER In fact she reached 22,530. The face that broke135 words
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