The Business Times, 23 February 1980
1980-02-23
1
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The Business Times
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Title Section10 1980-02-23 1 BUSINESS TIMES M.C4P) Na. IU/1/M SATURDAY, FEBRUARY It» 50 CENTS10 words
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BRIEFLY...
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Article52 1980-02-23 1 KUALA LUMPUR, Fri. Oil contractors working under production sharing arrangements with Petronas are expected to spend more than Msl billion on exploration and development this year. A Petronas spokesman said Esso will spend Mssoo million while Shell will spend an equivalent amount in its Sabah and Sarawak52 words
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Article55 1980-02-23 1 UPI WASHINGTON, Fri. Consumer prices surged 1.4 per cent last month as Americans were hit by the biggest dose of inflation in 6 Vi years. Retail gas prices took their biggest jump ever. With the exception of food, consumer prices in all categories registered sharp increases during theUPI - 55 words
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Article65 1980-02-23 1 Reuter BELGRADE, Fri. President Tito's doctors announced for the first time today that he is being treated by an artificial kidney machine, but said his condition was basically unchanged. Official sources said several days ago that the 87-year-old Yugoslav leader's bloodstream was being purified by a dialysisReuter - 65 words
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Article67 1980-02-23 1 Agencies LONDON, Fri. Gold prices declined in all major trading centres in trading today. The morning fix in London was U*****.50 an ounce, down from its closing price of U*****.50 the previous day. In Zurich, Europe's biggest market, a similar trend persisted, with the yellow metal trading atAgencies - 67 words
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Article87 1980-02-23 1 AP TEL AVIV, Fri. The Israeli government announced today that a major currency reform will replace the Israeli pound with a new unit called the Shekel. The move, part of the government's battle against raging inflation, was announced following an emeregnecy Cabinet session. The Israeli pounds, now valuedAP - 87 words
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Article80 1980-02-23 1 UPI MANILA, Fri. Five Filipinos led by a textile magnate are to take over the California-based Redwood National Bank for US$l5.2 million, a Manila newspaper reported. The Daily Express said textile magnate Ramon Siy and four Filipino industrialists have completed negotiations to acquire the American bank andUPI - 80 words
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Article73 1980-02-23 1 AP NEW YORK, Fri. The stock market declined broadly amid another siege of bad news on US inflation and interest rates. Dow J °nes average of 30 industrial fell 6.92 to 861.60 in the first half hour. Losers outnumbered gainers by more than a 3 to 1 marginAP - 73 words
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Article154 1980-02-23 1 Rises Indices High Low 585 40 Feb a Feb 22 Maiaa Ctaiaera Sel Properties G E Life 380 780 1180 30 20 10 B.T.Index: Industrials: 4129.61 4078.72 482.45 ***** K G Hldga 180 10 Finance: 875.21 870.34 Hume M 350 +8 Hotels: 417.90 416.67 Soma 348 +8154 words
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Article, Illustration112 1980-02-23 1 Rises Indices Talam Mine 370 +68 Feb 21 Feb 22 M U Ind 740 +55 B.T. Index: 6575.35 6521.85 Hi A Lo 585 +25 Industrials: 532.96 533.26 Guiness 670 +20 Finance: 780.77 775.14 Sanyo 354 14 Hotels: 326.04 325.78 G Kent (M) 478 10 Properties: 380.02 377.19 Magnum112 words
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Article, Illustration614 1980-02-23 1 CATHERINE ONG - DENIAL BY TOP OFFICIALS Mb >UCTMC By CATHERINE ONG ONE of the biggest mergers in the local maritime industry may take place soon if behind-the-scene manoeuvres between PanElectric and Asiatic Navigation International (ANI) bear fruit. According to industrial sources, talks between top level management of614 words
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Article216 1980-02-23 1 AP FOLLOWING two days of conflicting testimony, a US magistrate on Thursday failed to decide on Hongkong's request to extradite international financier Amos Dawe to face fraud charges. Magistrate Richard Goldsmith said the decision will be made next week. He turned down a moveAP - 216 words
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Article387 1980-02-23 1 AN AD-HOC Advisory Committee on National Information Systems is now being set up by the Ministry of Culture to develop an easier information-retrieval system for researchers and other related personnel. The nine-member committee will look into the type and level of information that could be387 words
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Article309 1980-02-23 1 MALAYAN United Industries (MUI) has secured controlling interest in Central Sugars, following receipt of further acceptances to its offer which raised its stake in Central Sugars to 56.6 per cent. The company's offer of fourteen new MUI shares plus $42.50 in cash for every 20 Central Sugars309 words
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227 1980-02-23 1 OPEC piaaacrs yesterday aa leag term strategy which htMei ft mew huh tar pridag «11 sates te be falwhM ea gearterly basis. This cmM mm late effect by the ead ef the year. After a anthg fa LsaOaiiler Saiil Otl Zahi227 words
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491 1980-02-23 1 RONNIE LIM - By RONNIE LIM COAL may once again beer om e a substantially traded commodity in Singapore if New Zealand succeeds in its efforts to sell to two local companies. One of these, Bee Huat Industries, a hardware company, will be sending a team491 words
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Page 1 Advertisements
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Advertisement0 1980-02-23 1 (;|*;.[->[/*`)?(*[[`?{\\:>*]`||0 words
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Advertisement90 1980-02-23 1 Another Birdie For PAN-WEST! At Peninsula Plaza, Coleman Street. mm T^F r mw L > t 7 .fciynKS •Tm x ".11 IIiT;TiTTIT»I« H IK K'l.Jlrl c *1 wV }fti f > > Check us aA tor your goftng raquwcnts and o#wr sports and accessaries &rt vouchers aisoavatt* Siocxist o< wortt-fenommed90 words
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Advertisement6 1980-02-23 1 •Leader ...Page i .-in'iTi: LEISURE TIMES6 words
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Advertisement264 1980-02-23 1 AUSTRALIA'S FAVOURITE Golf Clubs. Bags Accessories Sote Agent Merdings Leisure Pte Ltd 23. Park House Orchard Boulevard Singapore 10 Tel *****55.*****18 Also at an teafrng sports snaps <«o&o stops *m ■m: A SMALL COMPANY PABX WITH BIG COMPANY FEATURES. If your organization Isn't quite ready for a larger Ericsson PABX,264 words
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TRADE AND INDUSTRY
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Article398 1980-02-23 2 COURSES AND TALKS Feb 4-29: Course (or School Inspectors, RELC, Ministry of Education Feb 26: Technical Talk, RELC, Singapore Manufacturing Engineers Feb 28: Quality Control Circle Meeting, RELC, SQRA Feb 28-29: Computer Appreciation, Shangri-La, Price Waterhouse March 3-4: How to Analyse and Structure Your Organisation, Hyatt Hotel, Price398 words
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522 1980-02-23 2 ESSO Singapore has been suffering a 5 to 10 per cent shortfall of crude, as measured against forecast requirements, ever since the Iranian disruption in production in December 1978. This was revealed by Esso's marine and supplies manager Khoo Hong Chuan, who said that «lien522 words
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Article147 1980-02-23 2 MR E W Barker, Minister for Law, Science and Technology, will officially declare open Automatic Accessories (S) in Jurong on March 1. Automatic Accessories, which started production last June, is a Joint venture between Automatic Accessories of Australia and Singapore partners to manufacture process control valves147 words
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Article104 1980-02-23 2 A TRADE delegation from the state of lowa sponsored by the US Department of Commerce will arrive in Singapore tomorrow for a two-day visit. Led by Dean Arbuckle, director of the State of lowa Development Commission, the delegates will meet local businessmen with a view to104 words
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Article74 1980-02-23 2 THE City Chapter of Singapore Jaycees is organising a course on effective speaking every Thursday beginning Feb 28 for six weeks. The course, from 7.25 pm to 10.00 pm, and will be held at the Kingfisher Room of Holiday Inn. The course is limited to 35 participants74 words
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Article, Illustration344 1980-02-23 2 TWO trade missions sponsored by the British Overseas Trade Board (BOTB), and involving a large number of companies with specialist experience in the oil exploration and exploitation industry will attend the Offshore South-east Asia Exhibition and Conference this month. Also in Singapore to assist in the344 words
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633 1980-02-23 2 RUTH CHENG - By RUTH CHENG PLANTECON (Overseas) Research Ltd, a UK industrial research company, has just established a Far East representative office in Singapore. The company is the world's only independent authority on marketing research for the construction and heavy equipment industry, specialising on conditions in633 words
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Article, Illustration221 1980-02-23 2 THE first of 271 C-1418 StarLifter Jet cargo planes has beefl delivered to the United States Air Force under projected cost and ahead of schedule. The Lockheed-Georgia "B" model is a modified, stretched C-141A with onethird more cargo volume and range. Senior air force, army,221 words
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Page 2 Advertisements
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Advertisement679 1980-02-23 2 thisJao*!^ WT vgmm The Wolf Children Charles Maclean Charles Maclean's intriguing book unearths the historical evidence about the wolfchildren, Kamala and Amala, and their eccentric deliverer, the Reverend Singh. He examines the missionary's diaries, life in the orphanage, the way the sensational story spread and the problems of establishing the679 words
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REGIONAL
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237 1980-02-23 3 CUSTOMS administrators from Asean countries will discuss establishing uniform procedures and harmonising operations at their conference in Kuala Lumpur, beginning on Tuesday. Malaysian Customs director-general Datuk Rahim Tak said the need for close cooperation for. the development of intra-Asean trade was fully realised and237 words
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250 1980-02-23 3 Reuter OVERSEAS investor confidence is being rebuilt in South Korea as each day passes without any further incidents such as that of the Dec 12 move by younger generals to seize control of the army, president of the American Chamber of Commerce M J AckermanReuter - 250 words
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122 1980-02-23 3 MALAYSIA and North Korea has ratified a trade agreement at Malaysia's Foreign Ministry. The ratification put into effect the agreement signed in Pyongyang last year by Malaysia's Deputy Prime Minister Dr Mahathir Mohamad and his North Korean counterpart, Kong Jim-tae. The Secretary-General of122 words
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Article614 1980-02-23 3 EXPECTED ARRIVALS TODAY KEPPEL WHARVES Bunga Seroja (1830 hauls 10m East after Golf Leaf shifts) 33/34 Gold Leaf (1100 shifts after Dong II) 23/24 General Kratvsov (Tanker) (after Yuheng hauls P/O, subject gas free) 15/16 Ibn Hayyan (after Tennessee, draft not to exceed 9.7 m) 38/ 39614 words
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Article, Illustration176 1980-02-23 3 AFP IN AN apparent bid to head off deafening opposition calls for a noconfidence motion against his 11-day-old cabinet, Thai Premier Kriangsak Chomanan will hold an extraordinary parliamentary session on Feb 29. He said the session would be held to clarify the government's decision to increase localAFP; AP radiophoto - 176 words
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Article509 1980-02-23 3 THE New Zealand government has cut in hall the Soviet fishing quota for the coming year in New Zealand's 370-km economic zone. The reduced Russian quotas of 32,500 tonnes of fin fish is part of New Zealand's reaction to the Soviet invasion of Afghanistan. Prime Minister509 words
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107 1980-02-23 3 AFP INDUSTRIAL machinery orders, received by Japanese manufacturers, might rise 7.9 per cent in the fiscal year 1900 over the preceding year to total 6,068,100 million yen. The Japan Industrial Machinery Manufacturers Association said that the total for the fiscal year (April 1980-March 1981) will includeAFP - 107 words
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Article192 1980-02-23 3 AFP PHILIPPINE President Marcos has officially granted tariff concessions on 72 items to meet the requirements of membership in the General Agreement on Tariffs and Trade. The concessions, which were mostly on bound rates, were granted by the Philippines through bilateral negotiations with the European Economic Community,AFP - 192 words
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186 1980-02-23 3 AFP THE president of the Indonesian state oil company Pertamina, Mr Piet Haryono, has refused to answer questions from a House commission about how a former Pertamina director could have held US$BO million in private bank accounts abroad. "The refusal impressed me as if thereAFP - 186 words
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Article652 1980-02-23 3 MALAYSIA'S anxiety to complete as many of the Third Malaysia Plan prefects as possible before the end of the Plan period this year should offer considerable opportunities for US firms as both private sector investment and government expenditures pick up. In a report assessing Malaysia's economic652 words
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THE REGION IN BRIEF
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Article441 1980-02-23 3 THE Indonesian government has approved a request from Bangladesh for delivery of crude oil at a rate of 4,000 barrels per day, Indonesian State Secretariat Minister Sudharmono said. But the minister could not say when delivery would start or whether the deal is limited to a specified441 words
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Page 3 Advertisements
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Advertisement131 1980-02-23 3 The I'omoho J6 sa.lng o*f the coa\t ot Jaovn Yamaha boats have proven themselves on international race courses many times. The most dramatic success of Yamaha was that of the "Magician V", the 1978 Quarter-ton World Champion. She defeated 32 boats from all over the world, under the most trying131 words
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RAW MATERIALS
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Article252 1980-02-23 4 THE START to the Chinese New Year's trading witnessed a dramatic plunge of some 50 cents, in violent reaction to the recent spiral, taking March One RSS down from 396 to 345 cents per kilo in the three-and-a-half day trading week, says Holiday, Cutler, Bath ft252 words
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Article246 1980-02-23 4 SINGAPORE: Yesterday's closing prices in S$ per kilo, ex-godown: THAI WHITE: 100 per cent first class (Kangaroo) new crop 0.98, 100 per cent second class 0.83, 100 per cent third class 0.81, 25 per cent new crop no stock, B-10 per cent 0.70. THAI BROKEN: A-super 0.63, Special 0.57.246 words
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Article289 1980-02-23 4 THE SINGAPORE market closed lower yesterday with March One RSS buyers quoted at 341.00 cents per kilo, down nine cents from Thursday's close, dealers said. Morning prices were marked up one cent on higher London advices, they said. Afternoon prices fell sharply on stale bull disposal and reserve of289 words
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Article310 1980-02-23 4 R.A.S. prices in cents per kUo yesterday: Noon (per Ulo) Buyers Sellers Int. 1 R.SS. prompt f.o.b. 344.00 346.00N Int. 1 R.S.S. March 354.00 366 00 Int. 1 R.S.S. April 3C7.Q0 389 00 Int. 2 R.S.S 326.00 327.00N UK/Coot 325.00 326 OON Int. 3 R.S.S. 323.00 324.00N UK/Coat310 words
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Article103 1980-02-23 4 NOON SSR and SMR price* ymt ardajr KA8 SSR 20 SSR 60 (1 -too pallet) (1-ton pallet! March (Current Mth) Bayer* Saltan 308.00 308.00N 303.00 *****N AprU (Forward Mth) Bayer* Sailer* 310.00 312.00N 307.00 *****N MRELB March April SMR CV SMR L SMR 5 SMR CP SMR103 words
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Article104 1980-02-23 4 THE Straits tia price la Peuig yesterday (ell MfTl per pieal to $2,230, stlll $W> aheve the later■stisael Tls Agreeoeat ceittag, dealer* tali. Tke sharp tell reflected aa adjastmeat to reeeat rises with speratow eaattoas ever ae prevaittag high level*, they «aid. A slightly Ugger eeatrtbatlea ef tia104 words
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Article31 1980-02-23 4 Rubber: Feb 22 Singapore: March: 341.00 cents (down 9 cents) Malaysia: March: 346.00 cents (down 10 cents) Tin: M 52,230 (down Ms7l) Official offering: 172 tonnes (up 60 tonnes)31 words
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Article111 1980-02-23 4 VALUES were left unchanged in Kuala Lumpur yesterday but the undertone remained steady in quiet and thin trading, dealers said. In the central region, March was traded unchanged at M 31.130 per tonne. The refined market continued listless. CJ.F. North European ports, In US dollars per ton unless111 words
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Article193 1980-02-23 4 YARN and cotton prices were quoted as follows in Hongkong yesterday: (In HK dollars, spot ex-go-down) Cmttm yarn: China Blue Phoenix 20s 2,330; 32s 2,780, 40s 3,030 (per bale of 400 lbs). Ptoee fit; China Butterfly and Globe brand unq; Dragon Head unq; Five Lambs unq; Flower and Butterfly193 words
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Article143 1980-02-23 4 CHICAGO Board of Trade soybean futures closed unchanged to up one cent a bushel in primarily local trade on Thursday. Bean futures were a directionless affair, looking to other CBT markets to set a tone. Light commercial and crusher buying supported prices towards the close, after technicians turned sellers143 words
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Article118 1980-02-23 4 CHICAGO Board of Trade wheat futures closed on a firm note on Thursday, ranging from up US 2 cents a bushel in the spot March to up 4Va in the new crop. A professional was the main feature, buying July steadily all day, traders said. Talk of Chinese interest118 words
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Article820 1980-02-23 4 COFFEE: Robusta futures extended morning gains to close £13 to £35 per tonne up from Thursday. Turnover was 2,571 lots including 26 options. Dealers said a combination of commission and producer style buying operations against a lack of sellers pushed the market higher, particularly in forward months where820 words
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Article154 1980-02-23 4 CHINESE Prsdaee Ezekaige, {Bagapere, «Mag prices per pAeml yw> terday: Csesaat «11: Bulk |106 sellers, old drum $112 sellers, new drum $116 sellers. Capra: Mixed (loose) UK/ Coot $64.00 buyers. Pepper: Muntok ASTA white fob 100% NLW $335.00 sellers, Sarawak white fob 96% NLW $320.00 sellers, Sarawak special154 words
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ASIAN STOCKS
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Article547 1980-02-23 4 TOKYO Source: DBS-Daiwa COAL-MINING issues racked up sizable gains because of the sudden rise in imported coal price and a record high in margin trade balance. Mitsui Mining surged Y26 to Y636; Sumitomo Coal Mining, Y33 to Y342; Nittetsu Stining, YlB to Y645; Matsushima Kosan, YBB to Y673.Source: DBS-Daiwa - 547 words
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Article304 1980-02-23 4 THE MARKET continued to fall yesterday owing to overseas selling and renewed concern over interest rates. Although HK Telephone results and bonus issue were well received, rumours of a rights issue to come from HK Gas depressed sentiment. The 18-point fall on Wall Street did not help either. HK304 words
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Article292 1980-02-23 4 STOCK prices Armed yesterday led by diamond ianes, dealers said. Shares in Adelaide-based diamond explorer Leichardt Explorations, leapt A 14.30 to 112.50. Brokers said it was unlikely that any sustained recovery would be possible as long as foreign investors remained on the sidelines. Prices on both the mining and292 words
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Article268 1980-02-23 4 announcement or Union Company's operating results in 1979 and its last year dividend at 20 baht per share (15 per share for 1978) drove its price to close three baht higher yesterday, brokers said. Bangkok Bank gained 12 baht amid news o< bonus shares, a sizeable gain for any268 words
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Article120 1980-02-23 4 THE market closed with commercials, industrials, minings and oils generally firmer yesterday while turnover declined to 16.6 million pesos from Thursday's 17.2 million, dealers said. FEB 22 Peso*. Aeoje Minlnf 0082 unch Atlas Con A AUu Con. B S1J0 1J Bagulo OoM am unch Bensuet Coo. B RF nnvirvh120 words
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Article50 1980-02-23 4 FIINANCIAL TIMES INDUSTRIALS Thursday 457.6 Wednesday 4563 Week Ago 475* DOW JONES AVERAGE INDUSTRIALS Thursday 868.52 Wednesday 886.86 Week Ago... 863.77 H.K.HANG SENG Friday 929.55 Thursday 043.44 Wee# Ago 963.17 SYDNEY INDUSTRIALS Friday 686.W Thursday 656.18 Week Ago 668.76 ALL ORDINARIES Friday 887.00 Thursday 8KLM Week Ago *****50 words
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Article42 1980-02-23 4 Miami: trading In sen Piffttw Ltd has been wpwfci prmilni a theVrkßiß <1 inMjaLS y «ill y wßriTwy K* Will vOQQDC Ltd grwap, a Steek Frnhangf man said. Hitekisei Whamnaa «Owed BlWili tar the tLU per ewt rf ii mt42 words
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Page 4 Advertisements
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Advertisement78 1980-02-23 4 TAX HAVENS Tax Havens where are they How can they be used? How can you cut your taxes by using them These are just some of the questions which are answered in this valuable guide. r' 1 litf. J I I I 1 m m- *k O" *>- '-<- V78 words
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OVERSEAS
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351 1980-02-23 5 Reuter THE EEC Commission is considering a proposal to eat the EEC's dependence en external energy supplies And develop alternative resources, a commission said. This follows initiatives taken by energy commissioner Guido Brunner and a speech on the subject to the lastReuter - 351 words
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Article175 1980-02-23 5 AFP UNEMPLOYMENT in the European Economic Community (EEC) totalled 6.5 million people or 6 per cent of the working population at the end of January an increase of 5.6 per cent on December EEC officials said. Meanwhile, a call for the EEC to raise a US$lO,OOOAFP - 175 words
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Article, Illustration553 1980-02-23 5 THE United States has not ruled out using nuclear weapons if the Soviet Union threatens its vital interests in the Gulf, a Defence Department spokesman said. The United States is mainly concentrating on strengthening its conventional forces, the spokesman said, but heAP photo. - 553 words
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Article151 1980-02-23 5 Reuter US OFFICIALS predicted yesterday that all major West European countries, including France, would eventually Join a boycott of the Moscow summer Olympics, despite French opposition which blocked a Common Market decision earlier this week. The officials, who accompanied Secretary of State Cyrus Vance onReuter - 151 words
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Article429 1980-02-23 5 Reuter AMERICAN trade representative, Mr Reubto Askew, called for the strengthening of the General Agreement of Tariffs and Trade (Gatt) and for members to build on the achievements of the Tokyo Round. In a speech prepared for delivery to the Trade Policy Research Centre andReuter - 429 words
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WORLD IN BRIEF
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Article480 1980-02-23 5 Agencies TOUGHER UK legislation to block the enforcement of American court Judgements against companies in Britain and requirements imposed by the US authorities affecting British commercial interests, could be in force by the end of March, a Trade Department spokesman said. Hie legislation, set out in the ProtectionAgencies - 480 words
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Article133 1980-02-23 5 UPI IN WHAT may be his last political act, gravely ill President Joaip Bros Tito yesterday sent a idea for detente to President Carter, Soviet leader Leonid Brezhnev and other world leaders, the Foreign Ministry said. A statement said the message along with a letterUPI - 133 words
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Article727 1980-02-23 5 ARRIVALS Service Local Operator Number Time From SU SQ2L1 CAL CB14 CPA CX710 GU GA980 SU SQ103 MAS MH605 GU GA944 BN BN506 GU GA908 SU SQ240 THAI TG423 PAL PR501 SU SQ66 RBA BI423 SU GA982 KLM KL837 SU SQ201 MAS MH684 CPA CX715 MAS MH651727 words
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231 1980-02-23 5 AP FOREIGN government assets in the United States fell US» billion in the final quarter of 1979 following a $5.4 billion increase in the third quarter, the US government reported. The Commerce Department report attributed the decline in the OctoberDecember quarter toAP - 231 words
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Article63 1980-02-23 5 Reuter PRESIDENT Carter is not not considering economic controls in the effort to control inflation, said White House spokesman Jody Powell. Mr Powell made the comment in response to a question at a press briefing on Thursday. Asked what the President intended to do aboutReuter - 63 words
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283 1980-02-23 5 AP THE United States Securities and Exchange Commission (SBC) said on Thursday it will investigate bow a 1977 law prohibiting overseas bribery affects US business operations abroad. The commission asked for comments from businesses and individuals by June 30. "It has been publicly reportedAP - 283 words
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174 1980-02-23 5 Reuter NISSAN Motor Co Ltd, in negotiating a cooperation agreement with Alia Romeo SPA, is seeking a bridgehead in Europe for flooding the market with Japanese cars, Mr Walter Mandelli, chairman of the private engineering industry association Federmeccanica, said. Adding to the controversy over aReuter - 174 words
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Article127 1980-02-23 5 Reuter GENERAL Motors and Ford announced plans on Thursday to close a total of five plants next week, idling some 17,000 hourly workers, because of backlogs of unsold cars and trucks. More than 100,000 carworkers are currently laid off because of the slump in the industry.Reuter - 127 words
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Page 5 Advertisements
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Advertisement83 1980-02-23 5 PARIS FASHIONS the world. 4 m 4 \V ifel Paris sets the styles for the world. Apparel, perfumes, jewellery, I leather goods Christian Dior Hermes, Givenchy, Cartier, Lanvin, Balmain, Cardin fly to Paris, the fashion capital, with UTA French Airlines. Ask your travel agent or UTA about carefree Escapade Holidays.83 words
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Article367 1980-02-23 6 THERE was a time when the information needs of the average person did not extend far beyond the weather outlook, the latest pronouncements on taxes due to the lord of the land, the progress of the current war and, perhaps most important of all, the367 words
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Article275 1980-02-23 6 THAT the Law Society has to remind its errant members to discontinue their practice of unilaterally vacating dates fixed for hearing at the court or chambers appears faintly incongruous at first sight. It is like telling physicians to heal themselves and cobblers to mend275 words
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Article, Illustration619 1980-02-23 6 ANTONY PARRY - By ANTONY PARRY Reuter PIERRE TRUDEAU's resurrection from the political grave promises Canada relative economic stability under a majority Liberal government. Monetary policy will continue unchanged, with interest rates largely dependent on the US economy and the performance of the Canadian dollar. However, fiscal policy, which hinges onReuter - 619 words
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Article665 1980-02-23 6 DAVID WALLACE - By DAVID WALLACE Reuter THE United States is supposed to have entered a recession some time ago but to the amazement of many experts, American consumers have kept the economy rolling along. Government and most private economists, however, are still forecasting that the economy will slow down andReuter - 665 words
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Article571 1980-02-23 6 NICHOLAS BRAY - By NICHOLAS BRAY Reuter RESTAURANT proprietors throughout Italy are fighting a government plan aimed at getting them to pay more taxes. 1 The target of their anger is a seemingly harmless proposal by Finance Minister FVanco Revlglio that they should issue customers detailed bills settingReuter - 571 words
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Page 6 Advertisements
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Advertisement162 1980-02-23 6 CARLOS CASTANEDA THE SECOND RING OF POWER nOj Carlos Castaneda's journey into the world of sorcery has captivated millions. In this new book, he introduces dona Soledad, whose mission is to test Castaneda by a series of terrifying tricks. Thus, Castaneda is initiated into experiences so intense, so profoundly disturbing,162 words
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Advertisement25 1980-02-23 6 •Science-Fiction •Comedy •Drama •Feature Films •Cartoons •Rock-Disco-Concerts •Sports •Learning Self Development Etc. PRE-RECORDED VIDEO CASSETTES IN COLOUR FROM U.S.A. EUROPE full tittm M from: HI-DEFINITION25 words
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Page 6 Miscellaneous
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Miscellaneous1330 1980-02-23 6 lir-yMßwro Cilia Black sings again A SYNDICATE rf ptoa» to take ever I h to p iMftly mI the Brat Other nete w the r- |tee tteitMa «M nvto to will toeMe Fraakto I L OmM tfcTMj* the take. art, Ireae U, i«a Oie «f liltoto'i aai Lewis CeOae. ptpiltr1,330 words
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Article, Illustration962 1980-02-23 7 JASON CRISP - Companies which donate to »charitable causes appear to give in something of a haphazard manner, following policies on giving that are M usually centred on "do nots" writes JASON CRISP. JASON CRISP. FT MOST companies get asked for money by charities. The biggerFT - 962 words
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Article, Illustration870 1980-02-23 7 WILLIAM CHISLETT - By WILLIAM CHISLETT FT SIX years ago Lazaro Cardenas was a sleepy little village on Mexico's Pacific coast with about 4,000 inhabitants, most of whom eked out their isolated lives by selling coco- nuts, mangoes and other r fruits. It was a placeFT - 870 words
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Article187 1980-02-23 7 THE Life Underwriters Association of Singapore is dangerously close to setting a precedence for all organisers of business meetings. On the first two day's programme of the recent LUA congress, participants were brusquely asked to "Lunch (on your own)." Now if this idea of economising sweeps187 words
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708 1980-02-23 7 JUREK MARTIN - FORUM With JUREK MARTIN FT RARELY IN the history of US politics has a single election, as that in Maine, provided so many disparate clues as to what lies ahead in the marathon battle for the Democratic Party's presidential nomination. The divisionFT - 708 words
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Page 7 Advertisements
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Advertisement258 1980-02-23 7 1980 EDITION The Straits Times W k r of Singapore The Straits Times Directory of Singapore (also known as Buku Merah) has been developed over a period of 82 years. It provides the most comprehensive information on companies' profile including their management personnel, agencies and representations. The acknowledged value and258 words
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Page 7 Miscellaneous
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Miscellaneous30 1980-02-23 7 *T»S SfMD TVAPa G»OOCS SmoQe»L£D OUT or Vietife. P*T DUSK UNDfeR The. NOSeS OF TMe UPH>> eMFogce.rv>fei4T ofp t ftH! £K.RCTLV, LIKe T i-t€. STfIFF £>IT" OP TH6. CMfcSß&g-ftegßy BUIDM£,30 words
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INTERNATIONAL STOCKS
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EUROPEAN MARKETS
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Article159 1980-02-23 8 ABM AIMU Akao Aim >■)>i Amm hot !a■mobij C«Ma Oaift out mu Pafckar Pari fHimr OMtne Ooftain Sfy. 11 HaUud-Am T5J0 -IS SJD -0.1 WJO -2 111 JO -U -u OH unch 101J0 -12 M*0 uoeb IIMO -o •1J0 -u mjo 4i MM -02 mm u uu* mi nja159 words
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Article233 1980-02-23 8 rxB zi ft* CORBBILLE Air-Liquid* B S N Omli n««ip« car (TbooaonCH PrancaM* 6m MiuIm 1SSSS. »U 1030 M3 3 •10 Onmlt 366 -3 Cr*4tt Panctor D» riuM Hachatt* (Llbrmlrt*) Mx-hln— Bull HleiMiln (B) PMlbM Pschlney Oftoe Kuhlmann 1 Ml! I SSJ* 3 -3 unch 4L» r»um« o« Philip*233 words
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Article72 1980-02-23 8 FTB a m FORWARD MARKET m Artoad tm -5 Ajtur Brmaean Bru-Lamb Mi m i« unct 11*0 Da Bon ■1 no ns unct nactrotMl Ob-Iooo-Bm CM* mo MO Ml sua -M U S6 Ryt Dutch MB <«■» M Boe Oan B*l« I'M Softaa SMO Botmr A tm Tank* IB72 words
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Article135 1980-02-23 8 ra a on Aac-TMafuakan MB -AT a5o a* All* LaMao MMM uncfi Alls Van MUM +1 MP Mil* a*7 h t «tank mum Bftjr Vhaak KM tU bamt mat -u BBC JTJM bmw ma Chan Vary MU> *U CooUOwmf aSaa* -VV DUmlar-Bans MB «II n»«—a sum Damaf IBM 1135 words
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Article78 1980-02-23 8 yoa macs a522SI •nari"iTZI in til aasfc=r sr Bffi£L=* m ak2IE^• 2 giQ>M ft m aocb gg* au +i« HinirtM? fc—r SsL?*—— 5» ST 7i JJJW gt I» 4-4 *2" E~zzz 5T" ~t MMSMkOorp m +i t a» -u 8wm Ito-inmr Br MM 7W T» Union Bank Of ■■■a.78 words
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Article82 1980-02-23 8 rwB a Aaoc Om UN Ui -0JS AM .11 rut W 1« Wl *1# MM -Ui IMS 83 +4 Oan lmmot> -U twi pri Ki -M IUic«mcnU ***** -SIO «i» -OA m *a MS uncft "Ml" 383 -i M«Uob Mlrtkna 117)0 4 mm -iw UOOMB 1MJ6 Moua Mo oun82 words
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Article1143 1980-02-23 8 NEW YORK DISCOURAGING comments by a Wall Street economist oo the outlook (or inflation and interest rates pushed the stock market on Thursday sharply lower in heavy trading. The Dow Jones industrial average (ell 19 points and declines led advances nearly three to one as1,143 words
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Article144 1980-02-23 8 FKB U AkSO «TH -I A*oma Bulk Moot a i S -H But Nov* ScoUa B»U Trt J#H It* BP Can Ud H -M ■a r i 1 m IT Mil Canpac Hk ~H 75 IT* -M Ik iMrti Canpac In* PI CarUng OVMlt nominee Con* »•"> Com liartenor144 words
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Page 8 Advertisements
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Advertisement210 1980-02-23 8 Where to wine, dine and entertain TVj i i k~v lCoat<2<Mr«t InigM) OuMad Tour ot Samoa* Mm) 50* rafcataa on graan law Santoaa Go« Out) Swimming Pool. StaainWoem T—l—iMXa— Fany Same* 10 S«*M ft rtd* eound Wend on SOCbuaaa IF YOU'RE LOOKING FOR A SUPERB WEEKEND TREAT... COME TO OUR210 words
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Advertisement111 1980-02-23 8 For sushi. For teppanyaki. For other authentically Japanese delights. Open daily. 12 noon 3 p tn 6.30p m 10 3()p m For reservations col! 737^Hi~l A W >?, < t iiniiA I *nrU HI i< it< ui Hi■ itiii[ m »r« d fitlUiu JAPANESE RESTAURANT Ik H HUGOS BUSINESS LUNCH111 words
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Advertisement115 1980-02-23 8 '/\$$~'|[~.:+!?@/>|{=/,$:^"$`.+ y it*i *3 ■*5W n:»> V. MSRUIN BRIUL. It's elegant, comfortable and quietly opulent, with a menu that will delight the discriminating Our A la Carte selections specialise in steak at its finest and most succulent. To make the choke a little easier for you, we have also prepared115 words
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Advertisement170 1980-02-23 8 Singapore-style j Stilton style, lah i At the Top of the Hilton, at Hin's. That's where you get a selection of typically Cantonese favourites And our very own Flavours of Singapore. No mess No noise. Just great chow In the comfort and serenity of the Hilton. If you live to170 words
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Advertisement77 1980-02-23 8 si rv\ v <- Tj I j (a?" ryioDifii) fa/z'tfl I «IS\ Sool IC 4. I••\ I II S X R«m« 6WI Robin's Tavern. The place to go to, after work. To relax, and to enioy your favourite drink. In a cosy, soothing atmosphere with cool, cool music provided by77 words
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BANKING AND FINANCE
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Article401 1980-02-23 9 TO DEVELOP further Bintulu's liquefied natural gas project, Sarawak Shell has signed a US$3OO million syndicated loan to finance the upstream production of both gas and oil. This follows a US$55O million syndicated loan, signed about a month ago, for Malaysia LNG Bhd, in which Shell401 words
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MONEY AND EXCHANGE$
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Article226 1980-02-23 9 THE U.S. dollar opened sharply higher yesterday on its Far East levels in response to rises of up to one half a percentage point in Eurodollar deposit rates compared with closing levels here on Thursday night, dealers said. Pressure on sterling was lessened to some extent, however, by favourable226 words
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Article216 1980-02-23 9 THE YEN firmed against the US dollar in fairly active late trading yesterday helped by news of a sharply lower Japanese customs cleared deficit in the first 10 days of February, dealers s&id. It firmed to a late 246.25/ 35 to the US dollar in line with Thursday night's216 words
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Article258 1980-02-23 9 GOLD futures in Singapore yesterday closed higher compared with overnight levels after fluctuating marginally through the day in generally quiet trading, dealers said. Turnover for the day was reported at 103 lots while kerbs was 87 lots. April closed firmer at U*****.00/663.00 an ounce against $656.50/657.50 on Thursday and258 words
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Article505 1980-02-23 9 THE U.S. dollar maintained a strong undertone despite some slight weakening against the yen over the day. Opening at 247.05/15 yen, the dollar took a fairly sharp dip to 246.00/25 by Tokyo closing. London's entry, however, saw the unit moving up marginally to 246.00/40 before closing a little505 words
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Article57 1980-02-23 9 RESULTS of tender held on Feb 22 for 91-day Treasury bills to be issued from Feb 25 to Feb 29 except on Feb 27. Offered: $40,000,000 Applied for: $174,500,000 Allotted: $40,000,000 Cit-iff price: $98.32 less than one per cent; higher bids in full. Average rate tt disceaat57 words
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Article305 1980-02-23 9 FEB 21 Rand INDUSTRIALS A AlpAa as unch Abercotn 310 unch AE And CI 675 15 AMIC 2225 unch Barlows 865 4-5 af" 11 SOB 415 -5 Currie Finance MS unch De Been 2nd 2500 100 Ed con 500 Edgars 6300 *50 Eveready red Volk 435 .5 Puglt305 words
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Article22 1980-02-23 9 THE average rate at which major Singapore banks are currently prepared to lend to their best customers is 10.5 per cent.22 words
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Article178 1980-02-23 9 ASIAN RATES ASIAN currency deposit interbank rates as at close on Feb 22: U8 Mls»<8p*t) Offer Bid 7 days 15'. 15V. 1 month 16'* 18'» 2 months 16H 16 3 months 169/16 167/16 ftoootbs 169/16 163/16 9 months 16 5/16 163/16 12 months 163/16 161/16 Swfra. DM. jU:JJI. r 1178 words
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Article9 1980-02-23 9 1 BT1T-W-. ITTT.I ■TrflWTiTfTJITWTlil^KT! Source: National Discount Co9 words
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Article167 1980-02-23 9 THE U.S. dollar for overnight delivery closed at 246.35 yen yesterday compared with a 246.50 opening and 246.00 at Thuraday's close, after active central bank yen-support intervention, dealers said. Trading was heavy, with volume of USS9S4 million. The Bank of Japan sold an estimated $100 million at above 246.60167 words
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Article203 1980-02-23 9 A DEVALUATION of the Belgian franc seems unavoidable in the near term as concerns over the country's economy continue to exert downward pressure on the currency. The Foreign Currency Review, a publication of the Manufacturers Hanover Trust (MHT), New York, forecast a devaluation at, if not before,203 words
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Article83 1980-02-23 9 Reuter THE Dai-ichi Kangyo Bank Ltd's USC2O million floating rate CD issue has been placed entirely in Asia, reflecting strong regional demand, especially from Hongkong and Singapore, Singapore Nomura Merchant Banking Ltd said as issue manager. Interest on the three-year certificates has been set at 16-5/16 per centReuter - 83 words
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Article411 1980-02-23 9 BONDS LOANS Reuter SWEDEN is expected to make a 30 billion yen bond issue in Japan. Given a maturity of 10 to 12 years, the coupon will probably be around 8.7 per cent against the 8.2 per cent level ruling before the recent one percentage point increase to 7.25 perReuter - 411 words
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371 1980-02-23 9 Reuter BRITISH bankers have told the Bank of England they object in principle to a proposal to limit aggregate foreign exchange exposure of any bank to 10 per cent of its capital base and its exposure in one currency to 3.5 per cent of itsReuter - 371 words
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548 1980-02-23 9 NYT THE SOARING price of gold has a major impact on manufacturers of gold jewellery as well as on consumers. In last month's producer price index alone, precious metal jewellery increased 22.5 per cent. Renato Bellu, chief executive officer of A urea Jewellery CreationsNYT - 548 words
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Page 9 Advertisements
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Advertisement150 1980-02-23 9 Business Times is the most cost-effective medium you can buy Yburad gets more bite in Business Times Everyday 30,000 people make it their business to read Business Times: local and expatriate businessmen. The industrialists, the bankers, the financiers, the professionals. And the senior civil servants. People who not only possess150 words
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1468 1980-02-23 10 BID and offer prices officially listed and business in and reported to the Stock Exchange of Singapore yesterday with the number of shares traded shown in brackets in lots of 1,000 units, unless otherwise specified SECTION ONE INDUSTRIAL COMMERCIAL Aetna (2.835) (1)1,468 words
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Article150 1980-02-23 10 SINGAPORE UNIT TBI wr mo— D UNIT (Miniw 1 prtea• to* PW (Cnrr—t pr 1MB) 149 The Commerce 144 2 59 1.38 The Savings Fund ISO 1.70 Income Bond S pore Prog Fund 1.08 1.14 S pore Sec. Fund 183 ie MmWIOMIl S pore Invert Fund S'pore Equity150 words
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Article2763 1980-02-23 10 Gr's Gr'i Net I »7«/1980 Last Div Div Y'M P/E Vol n>v High Low Company Sale +or- C'vr <•000) High Low SECTION ONE INDUSTRIAL COMMERCIAL 308 207 Acma 283 -1 15.0 22 5.3 143 2 284 283 223 123* Alcorn 223 10.0 13 4.4 29.7 148 1102,763 words
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Article1937 1980-02-23 10 BID and otter prices officially listed and business in and reported to the Kuala Lumpur s Stock Exchange yesterday with the number of shares traded shown in brackets in lots of 1,000 units, unless otherwise specified. INDUSTRIES Aeaa (3.006) tJSIwHI (3.328 3.465) AIM (2.308 1325) 2 331,937 words
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LATEST RESULTS
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Article38 1980-02-23 10 hat re- ported a pre-tax profit of i 11.87 mlilioo (1858,038 prevl- i ously) for the year ended Aug 31, 1579. The accounts show a higher turnover of I $40.14 million ($36.17 mil- < Hon). 4 138 words
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Article70 1980-02-23 10 interim report lor the half- i year to Dec 31 was released < late yesterday. The report abemm a slight reduction in turnover to $XL3I million (131.89 million) This, together with increased expenses, led to s 31.7 per cent fnD in profits over the previous year. Net70 words
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Article, Illustration668 1980-02-23 10 PROFIT-TAKING at the Bteek Eufeuge d 81a gaP*« yesterday malted la leasee acrsas the heart. Bene market eathaslasts ebaerved the sttdiag prices with mm aazlety, while gtkAH 9mm ■•pwi IW CWDMMMD frem kaewledgeable Altheflgh prices refleeted a weak trad, there reaaiaed the epttmtetk* camp d668 words
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Article538 1980-02-23 10 CONDITIONS were uncertain and slightly erratic on the Kuala Lumpur stock market and prices fluctuated to close slightly easier yesterday. Although there were a few firm spots, the market, in general, was soft. Traders were reluctant to commit themselves in the absence of any538 words
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COMPANY NEWS
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Article, Illustration624 1980-02-23 11 ANTHONY TAN - By ANTHONY TAN IF local competition becomes too stiff, go overseas or diversify, or better, do both. The last strategy appears to be the winning combination (or Prima Flour Mills whose Indonesian and shipping subsidiaries have lifted latest group earnings to its best level624 words
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Article303 1980-02-23 11 Current Ex Books Date Total for Total for Payaait Data Close Payable the year Previous year A Molek 25*(f) Feb 4 Feb 14 Feb 25 25* 20* B Kawan 10* Jan 20 Feb 8 Feb 27 15* 1X5* Duff Dev 2.5 S Feb 5 Feb 15 Feb 27303 words
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Article98 1980-02-23 11 Company Particular* Ex Date Books Close Temerloh Sentosa T Text M U Iod Sime Darby Bonus Issue of 1 for 1 Bonus Issue of 1 for 3 Bonus Issue of 1 for 4 Rights Issue of 1 for 1 $2.00 Bonus Issue of 1 for 3 Mar 1398 words
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Article352 1980-02-23 11 Date U ist Pill Ye ar Ompaay PerM 1—WKTd Net EPS Great Pre-tax but year (eeats) Dir. <%) ti- ,ni rnfll (Vmy M'wata Steel I 22/12 12.4 10.0TE 14,803 Nat Iron F 7/2 57.8 *17.9 37,679 Alcom F 10/2 7.5 10.0 1,119 UOB F 27/2 19.0 *11.4 35,829k352 words
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394 1980-02-23 11 CONSOLIDATED Plantations (ConspLant), Sime Darby's largest plantation subsidiary, baa reported a slower earnings growth at the interim stage, after last year's strong profit performance. Unaudited group pre-fax profit for the first half year ended Dec 31 rose by 13 per cent to MJ59.8 million,394 words
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539 1980-02-23 11 TRACTORS Malaysia, capitalising on continued strong demand for its products and services, has recorded impressive earnings growth again for the first half of the current financial year. Group pre-tax profit at the 75 per cent-owned Sime Darby subsidiary leapt 47 per539 words
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270 1980-02-23 11 Market Talk... CURRENT share prices have been moving too far ahead for comfort, reaching a point beyond "reasonably foreseeable prospects or underlying assets," says broking firm Lyall and Evatt. Under the circumstances, a correction is necessary before the market can advance further. In its270 words
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Article, Illustration440 1980-02-23 11 tfacuaa by HOCK LOCK SIEW THE ALACRITY with which our stock analysts change their views on the market can be alarming at times. One braking firm which was making loud bullish prognostications only as recently as the Chinese New Year has now rather abruptly turnedby HOCK LOCK SIEW - 440 words
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Article22 1980-02-23 11 AGM to be held at the (unction room, sth Floor, Peninsula Hotel, Coleman Street at 9.30 am on Feb 23.22 words
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Article26 1980-02-23 11 AGM to be held at No 22 (Upper Floor of No 20), Jalan Gelanggang, Malacca, at 12 noon on Feb 27.26 words
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Article20 1980-02-23 11 EOGM at 16th Floor, Wisma Mirama, Jalan Wisma Putra, Kuala Lumpur, at 10am on March 8.20 words
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25 1980-02-23 11 AGM to be held at No 21 6 23 Jalan Hussein, Ipoh, Perak at 11.45 am on March 22.25 words
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Article14 1980-02-23 11 AGM to be held at 201 Keppel Road, Singapore, on March 26.14 words
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Article27 1980-02-23 11 AGM to be held in the board room, 3rd Floor, Bangunan MBSB, 13/15 Leboh Ampang, Kuala Lumpur, at 12 noon on April 10.27 words
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Article20 1980-02-23 11 AGM to be held at Shipyard, Admiralty Road East, Sembawang, Singapore, at 9.30 am on May 27.20 words
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Page 11 Advertisements
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Advertisement69 1980-02-23 11 Businessmen, your inroad to the Singapore Finance &<i2SrZ*m v n cC^ U A TIMES DIRECTORIES PUBLICATION For enquiries please telephone *****11(3 lines) ,oM°V\ *«9* ese %s3sr rxs>: dP O o* 05 af^* Ts«%C^ Robinsorfs Bookshop Basement. Clifford Centre, Collyer Quay. Tel: *****. TimesOrchardCentre Robinson's John Little's M 105 Lucky Pitta69 words
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439 1980-02-23 12 RONNIE LIM - By RONNIE LIM ESSO Singapore is beefing up its liquefied petroleum gas (LPG) storage capacity at Pulau Ayer Chawan to become the largest such facility in the Republic by the end of this year. Behind the move is Esso's anticipation of LPGconverted taxis in439 words
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334 1980-02-23 12 THE Member of Parliament for Ponggol, Mr Ng Kah Ting, will ask Parliament at its next sittings a series of questions ranging from Mass Rapid Transit to Phey Yew Kok. His queries will be direced at various ministers including Trade and Industry, Communications, Law334 words
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249 1980-02-23 12 Washington Star THE US Federal Trade Commission (FTC) and Ford Motor Co announced on Thursday they have reached an unprecedented settlement over Ford's alleged failure to disclose significant repair problems in six million cars it made between 1974 and 1977. The settlement isWashington Star - 249 words
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157 1980-02-23 12 A QUEEN'S Counsel will represent Sumitomo Bank in a High court case involving sums totalling about $60 million which three parties are making claims for. The amount comprises large sums of Asian currency deposits kept in a Sumitomo Bank account opened157 words
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Article187 1980-02-23 12 Reuter CHINA is to open the "Yellow Pages" of its telephone directories in Beijing, Shanghai, and other cities to foreign advertisers. Advertisements will be accepted in ten classifications, which include transportation, medical equipment, hanking and finance, agricultural equipment and mining equipment among others. AReuter - 187 words
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Article, Illustration266 1980-02-23 12 Reuter VIOLENCE flared in at least six cities throughout Iran on Thursday, killing five people and wounding hundreds. The five died when a bomb exploded in the southwestern port of Khorramshahr, Just before a political rally was due to start. Some 39 people were injured in the blast.Reuter; UPI photo - 266 words
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413 1980-02-23 12 AFP SPECULATION that Hongkong may some day become a refining centre,for Chinese oil was yesterday dismissed by Mr DAGledhill, chairman of Swire Pacific Offshore Ltd, speaking at an international conference on the theme "Hongkong and the energy development of south China." Any idea ofAFP - 413 words
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Article208 1980-02-23 12 Reuter THE state-owned British National Oil Corp may extend its gas activities and possibly its overseas interests, newly appointed BNOC managing director for exploration ind production Malcolm Ford said. Mr Ford, who is about to retire from the Royal Dutch/Shell group, said BNOC could potentially play aReuter - 208 words
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Article785 1980-02-23 12 LONDON, Fti. Government bonds moved lower while equities and golds closed mixed in quiet trading, dealers said. At 3 pm, the FT index was down 2.3 at 455.3. Government bonds ended with falls ranging to point after news that Citibank and First National Chicago raised prime rates to785 words
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191 1980-02-23 12 UPI PRESIDENT Carter has indicated on Thursday he will approve the oil windfall profits bill including US$l36 trillion in individual and corporate tax cuts which Congress is expected to pass shortly. In a speech to community leaders from around the country, he saidUPI - 191 words
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349 1980-02-23 12 Reuter THE five-member Association of South-east Asian Nations (Asean) will bold discussions on regional security and political problems with both the US and the European Community in March and April, President Marcos said yesterday in Manila. He also indicated that Asean isReuter - 349 words
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174 1980-02-23 12 Reuter TWO Pakistani Air Force Sabre jets violated India's air space over Kashmir yesterday, the Press Trust of India (PIT) news agency reported. PTI, which gave no source for the report, said the two aircraft flew over the Indian border town of Mendhar at 0415Reuter - 174 words
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Page 12 Advertisements
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Advertisement138 1980-02-23 12 YOUR UFESTYLE THERE IS a silent killer AlfiAlO workers, technicians, on the loose. Its victims office workers, manrun into the millions. OTDCOO a<jers, professionals No one is safe. w I VICOD and even housewives. Its main targets are the working Its name is Stress. Psychological people, including unskilled and biological138 words
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Advertisement290 1980-02-23 12 why not be a Tbp men earn top money when qualified Full training for UCTA Diploma Exam. The man in the car could be You The house and family could be Yours. With ydu in a prosperous new job enjoying a new lift a happier life, a more rewarding lift290 words
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Page 12 Miscellaneous
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Miscellaneous65 1980-02-23 12 Outlook for Singapore from 6 a.m. to 1 p.m. today: Showers in several places from late morning. v Bepcrt tor 24 hun prtor to 1J pjn. m Feb 22 »l the alrpari. Maximum temperature 30.5 Associated humidity 74 Minimum temperature 23.9 Associated humidity 96 Hours of sunshine 3.00 Rainfall in65 words
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LEISURE TIMES
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Article, Illustration1311 1980-02-23 13 MARGARET THOMAS - DESTIRATIOI By MARGARET THOMAS DAVY CROCKETT was from Tennessee, but in 1836 be journeyed to San Antonio in Texas to Join 180 other men in a fight to the death against Mexican General Santa Anna in the battle of the Alamo. Davy Crockett was1,311 words
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Article, Illustration643 1980-02-23 14 RUTH CHENG - By RUTH CHENG IN THE YEAR 1855, England and France were at war with Russia in the Crimea. The English troops were paid in gold. Once a month 25,000 pounds in gold was loaded into strongboxes inside a London bank and taken by armed guards to the643 words
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290 1980-02-23 14 THEY tried very hard to' do everything right from the beginning. But It was almost a flop; the sound system was not properly halanred aad their movements were not flexible enough to give that swing. Let's forgive the lineIfht from the Philippines as290 words
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Article, Illustration496 1980-02-23 14 PETER WONG - Too much of the night fever night fever •y PETER WONG EXPECTATIONS run high when one goes to a well-publicised show put up by seven beautiful Black American girls. Chances are moat will not be disappointed by their exhibition of talent at the Belvedere or the bahAppropriately called the Love496 words
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Article141 1980-02-23 14 STILL in a celebration mood? Chinese New Year is not yet over and you can keep up the festive spirit at any of the following scenes. Green Eyes, Belinda Jemenez and the Belvedere Trio will be at the Act I Lounge to chase your blues away. Another black141 words
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Article, Illustration745 1980-02-23 15 LINDA NEO - WEEKEND GOURMET LINDA NEO EACH time I have eaten my way through a mountain of sweet and sour pork and chop suey, each time I have licked the last bit of gravy from the Sunday curry tiffin with the old chaps,745 words
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Article, Illustration1128 1980-02-23 15 SOME SAY It is positively ugly, others say it looks either like a frog or a toad, but it has been unanimously polled that the all new computer-designed Flat Ritmo is cute. And cute, according to the Pocket Oxford Dictionary is, clever, ingeniously attractive1,128 words
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Article, Illustration457 1980-02-23 15 HEALTHY is beautiful and three of the five themes presented by Ted Lapidus in his Haute Boutique 1980 Spring-Summer collection is geared for ac-' .tive, sporty girls. Black and white will dominate the beaches this year swimsuits (strapless one pieces or smocked two pieces) and beach457 words
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Article, Illustration1271 1980-02-23 16 RONALD KOW - 22nd Olympiad SO Asia Group 3 SKIGAPORE By RONALD KOW SINGAPORE will win the Asia Group Three PreOlympies Football Tournament this must be the most ridiculous thing you have heard in weeks, right? How about the proposition that the Young Lions will at best, come1,271 words
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Article260 1980-02-23 16 BADMDVJON: China-In-dsnsria FrleadQy. Tonight's match» (starting 130 pm) Ladies doubles (China players first) Lla XU/ Zhang Ailing vs Ivanaa/ TJan So Gwan. Men's singles Tan Yujiang vs Itte Samlrat; Luan Jin vs Dhany Sartika; Han Jlan vs Liem Swie King. Women's singles Zhang Ailing vs Verawaty. lien's260 words
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Article289 1980-02-23 16 UPI AMERICAN Eric HsMsn won his fourth isssln *eedskating title to sqnal the Olympic record sad Hanni Wensel wo* the women's giant stalsm to give IJecht—toia its first gold medal and lighten a gray, rainy day at the Winter Games at Lake PtocM on Thursday. xUPI - 289 words
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Article, Illustration1008 1980-02-23 16 RAY ANG - Who will win the Slazenger Tennis Classic, which ends tomorrow? The rightie or the leftie? Local tennis professional RAY ANG asks this question as he talks about the equal number of left-handed and righthanded players taking part. RAY ANG WHATEVER the1,008 words
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Article22 1980-02-23 16 BBKJLTB si tool sight's when he MMsd CMs Deiansy 7-t, M; is the Am! asnteh sI ths evening, Mark MsnAm heal22 words
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419 1980-02-23 16 CHARMAME CHAN - ■y CHARMAME CHAN LIEM Swie King of Indonesia took 3i minutes to detent China's —one men's singles player Tan Yujiang in the tint singles match of last night'i China-Indonesia Badminton Friendly at the Shigapore Badminton HalL Liem exerted his superiority and throughout the419 words
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388 1980-02-23 16 LIM AH HONG of the Singpore Island Country Club (SICC) equalled the course record yesterday with a splendid €6, three under par, to lead the field after the first round of the 1980 Carrier Open at the Warren Golf Club. Lim's front nine*388 words
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Page 13 Advertisements
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Advertisement53 1980-02-23 13 Trust Sony fior your video needs S Great Train Robbary you'll aim ply tova tha plot II Don't ba maan, tha Fiat Ritmo doaa not look lika a frog or a toad 111 Pra-dympica aoccar an advantaga if Singapore wina -J* Equal numbar of laft-fiandad and right-handad playara In Slazangar53 words
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Advertisement72 1980-02-23 13 FOR PEOPLE WHO MATTER K w Homamakers/Hxnima '80 bring you an even greater wealth ot homemalang ideas Exhibits writ include quality furniture and tumnhings a variety o( household appliances as twl aa sophisticated bathroom, kitchen and Mng room products and designs VM Homemakars^umima'Bo One of the tsggaat events ever organised72 words
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Page 13 Miscellaneous
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Miscellaneous538 1980-02-23 13 WH AT WHERE THEATRES THE Goethe-Institut presents Mime Theatre Catogae. On Feb 25 The Gift, Feb 26 Milan Sladek, Solo Mime. At Bpm at the Victoria Theatre. Tickets at S2 and H, available at Victoria Theatre, C K Tang and Cold Storage. Feb 27 Mime Theatre Workshop at the Cultural538 words
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Page 14 Advertisements
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Advertisement239 1980-02-23 14 ifc> W 'S THE STRAITS TIMES By popular demand and to help promote bilingualism, the articles and stories that appeared in The Straits Times Bilingual Page over the past year have been re-edited and grouped' under suitable headings and published in a magnificent book. This Collection should prove a very239 words
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Page 15 Advertisements
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Advertisement40 1980-02-23 15 FREELANCE ARTIST prepared to do the following works: I ANTIQUES FMt CHINESE MTMXKS t WORKS OF ART KWOK GALLERY Pt«. Ltd. 101 103. FPST FLOOR. FAR CAST SHOPPING CENTRE ORCHARD ROW) TEL: *****16 Ttttt 6EMIRATKMS Of PROVE* DEPENDABILITY SINCE 191840 words
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Advertisement46 1980-02-23 15 l»*vC^ a "T > \\n \avso^\ Jour S^THL v, 1 r V/ jrmy I J onairman tfiao a secret communist? ls*America in danger of going capitalist? Do airlines discrtminatein favor .of baggage? Are you suffering from trans-galactic schizophrenia? Is the Abominable Snowman r ".a*. -Vfc UMP igsaim46 words
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Page 16 Advertisements
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Advertisement48 1980-02-23 16 ORDER FORM To: Fadaral Publications 1, New Industrial Road, Singapore 1953. J Mr/Mn/Min I Addras* 1 I I Yes, I would like copy/copies of The Edward de Bono Think Shrink. I enclose In full payment I (ell checks, money/postal order* mede payable to Federal Publications (S) Pte Ltd).48 words
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