The Business Times, 9 August 1980
1980-08-09
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The Business Times
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Title Section10 1980-08-09 1 BUSINESS TIMES M.C.(P) No. 111/1/8# SATURDAY, AUGUST 1,1181 50 CENTS10 words
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BRIEFLY...
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Article73 1980-08-09 1 AP NEW DELHI, Fri. Afghan troops have been called to maintain order among taximen, bus drivers, private motorists and even military chauffeurs competing for the limited supply of petrol in Kabul, the Afghan capital, a western diplomatic report said. Some fistfights have broken out at the pumpsAP - 73 words
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Article46 1980-08-09 1 AFP TOKYO, Fri. Japan has become the world's largest agricultural, fisheries and lumber products importer last year with their value totaling U5523.99 billion. The Japan External Trade Organisation» said the 1979 figure represented an increase of 38.2 per cent in value over 1978. AFP.AFP - 46 words
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Article53 1980-08-09 1 UPI JAKARTA, Fri. President Suharto has ordered the setting up of a national energy board to formulate policy on energy exploitation and consumption. The board will be led by Minister of Mines and Energy Subroto. It will cooperate with other ministries, including public works, defence, communications, agriculture, researchUPI - 53 words
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Article71 1980-08-09 1 AP TOKYO, Fri. Nagasaki, the second city in the world to be hit by an atom bomb, marks its 35th anniversary tomorrow with prayers for peace and hopes that there will be "no more Hiroshima or Nagasaki". About 20,000 people will gather for memorial ceremonies at theAP - 71 words
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Article56 1980-08-09 1 AFP HONGKONG, Fri. Local brokers said prices of China and Thailand rice were expected to remain firm in the next few months. They noted that supplies were arriving here steadily in contrast to earlier rumours that China rice would soon flood the local market after a goodAFP - 56 words
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Article72 1980-08-09 1 AFP NEW YORK, Fri. Senator Edward Kennedy, arriving in New York for next week's convention of the Democratic Party, insisted today he still has a chance to win a crucial fight to force an open convention. "We've done a detailed survey that shows very promising results," Senator KennedyAFP - 72 words
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Article36 1980-08-09 1 NICOSIA, Fri. Negotiations between the Greek and Turkish communities of Cyprus aimed at ending the six-year power struggle in the divided island are scheduled to resume tomorrow after more than a year's interruption.36 words
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Article70 1980-08-09 1 AP NEW YORK, Fri. The stock market swept ahead today in a spillover of buying from Thursday's powerful advance. The Dow Jones average of 90 industrials, which closed yesterday at its highest level in nearly Z I A years, jumped another 6.23 to 957.17 in the first halfAP - 70 words
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Chief Price Changes
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Article142 1980-08-09 1 Rites Indices Milayu Tin MOO 100 Aug 7 Aug 8 7629.82 700.00 Troaofc MIms Alcoa 1680 280 +80 37 B.T.Indfcator: Kg Laajut 800 30 Industrials: 582.88 580.09 Shaafri-La N 8 T 1100 TOO 20 20 Finance: Hotels: 1068.99 1063.66 528.70 531.17 K G Hldga Spore Glaaa Bata 304 200 354142 words
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Article, Illustration141 1980-08-09 1 Falls Indices Castlefield Malayan* (T) Con Pit W'nt OCBC 2600 5450 570 1170 320 -150 -50 -35 -30 B.T.lndex: Industrials: Finance: Aug 7 Aug 8 *****.*****76.51 681.58 678.79 966.42 970.35 B Kawat -26 Hotels: 382.69 382.50 PMC 870 -20 Properties: 499.53 496.40 MUInd P Bank 1350 585 -20141 words
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Article, Illustration459 1980-08-09 1 LEE YOKE MENG - MORE CAPITAL INVESTMENTS By LEE YOKE MENG OUTPUT and investment should increase further in the second half of this year in line with the brighter business outlook now being forecast. Of the total number of companies surveyed by the Department of Statistics in June, 36 per459 words
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Article205 1980-08-09 1 AP CHINA, Intent on building up its merchant navy fleet, bought more than US$3OO million worth of secondhand bulk-carriers in an eight-week period during June and July. London shipbroking company Eggar Forrester said in its July sales and purchases report that the Chinese "have bolsteredAP - 205 words
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574 1980-08-09 1 SINGAPORE mttft concentrate on the tertiary Industries, particularly the 'brain' industries, if it is to remain competitive with countries like Korea, Taiwan and Hongkong. At the same time, Singaporeans must dare to excel, and they can excel. It is the only way the Republic can574 words
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Article236 1980-08-09 1 THE government's call for higher productivity appears not to have fallen completely on deaf ears. Productivity growth for the first half of this year was 4 per cent. This is an improvement over the 2.6 per cent of last year, according to Trade and Industry Ministry figures.236 words
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232 1980-08-09 1 UNLESS ilkrwht sttpalated, aa asphyw shsaH be ghrea the iswil iaere* meat mm year (rem the date af employment aai act tram the date d eeaIMs sheald held evea the cMnpaay has given the empUyeea wage ad•TtlU increase to aa laeentlve tar hard232 words
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Article356 1980-08-09 1 WANG LOOK KEAH - By WANG LOOK KEAH THE AMERICAN mass rapid transit review team commissioned by the Government will recommend an indefinite postponement of the building of an MRT system. But an informed source said the Government is certainly not in favour of an indefinite postponement as356 words
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Article108 1980-08-09 1 Reuter AN OFFICIAL of the Association of Indonesian Rubber Producers (Gapktndo) has urged the Indonesian government to crack down on the smuggling ot raw rubber to Singapore. s Mr Leo Abam, said a Gapkindo investigation had shown that 4 Singapore rubber factories Obtained about 70 per centReuter - 108 words
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Page 1 Advertisements
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Advertisement5 1980-08-09 1 TheMMOUAEP3K> PPC does it aM.5 words
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Advertisement134 1980-08-09 1 ASIA RESEARCH BULLETIN 4SU3 Ens .v.vw This unique publication offers businessmen each month a comprehensive guide to the latest developments taking place in all important sectors of the economies of countries in East and Southeast Asia. The Bulletin is divided into si* separate reports of about 8,000 words each There134 words
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Advertisement68 1980-08-09 1 Leader... Page C LEISURE TIMES ASEAN cm expect improved S'PORE economy performs well te1ec0mmunicati0n5.................. t in Ant-half of year 7 JAPAN overtakes Leyland in DIMMER prospects for KL British car sales 5 plantations likely 11 LEVI moves into top gear in HOUSE la move to protect US the Wrangler war............68 words
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Advertisement52 1980-08-09 1 RICOH Plain paper copiers Preferred by offices worldwide CALL *****5. Wywy Private Limited Wywy House, 17 Leng Kee Road. Singapore 0315. }?]%[>[]%&"(-.~?-'\~$/;~)\-=*', rite... *larqiiis dt \/< mt sqimm f«ir■(/wis <l< Mon(< s(jutt>u it i j( r s (/< Monfr.s(/un»n V.i >\ U y v a HOCK TONGBEEPTE. LTD 347 Bukit52 words
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TRADE AND INDUSTRY
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Article569 1980-08-09 2 LEE YOKE MENG - By LEE YOKE MENG MORE efforts should be made to develop Singapore Into an international publications centre, said Mr Patrick Mowe, director and general manager of the MPH group. Several international publishers are known to be considering Singapore as a base for their printing activities.569 words
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Article174 1980-08-09 2 WORKERS should develop correct work attitudes, such as values of cooperation, respect, team-work and observation of the rules and regulations of safety and care of property. In Dr Ahmad Mattar's National Day message to trainees of the Vocational and Industrial Training Board (VTTB), he said that174 words
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Article209 1980-08-09 2 THIS is not the time for trade unions and employers to squabble over the "pay now or pay later" o( the 3 per cent wage increase proposed for above average workers. Rather, it is the time for full cooperation between labour and management209 words
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Article62 1980-08-09 2 SINGAPOREANS should have enquiring minds and not accept blindly when learning from the West. Asian values should be retained while improvements in science, technology, commerce and management are learnt from the West, said Dr Tony Tan, Minister of Education, in his National Day message to secondary school students.62 words
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Article, Illustration358 1980-08-09 2 ASEAN countries can expect improved telecommunications links between the region and West Asia and Europe with the building of the proposed Medan-Singapore submarine cable and the Indian Ocean telecommunications network. This was stated by the Minister (or Communications, Mr Ong Teng Cbeong, when he officially358 words
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Article, Illustration249 1980-08-09 2 NEW Zealand Insurance has appointed Mr R. C. Tucker the group assistant general manager in Auckland responsible for worldwide insurance operations. The NZI regional manager in Singapore, Mr D. S. Wyber, has been appointed manager South-east Asia and will be responsible direct to the group's head office249 words
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Article351 1980-08-09 2 SEMINARS AND COURSES Aug 9-16: Mobil Oil Spill Prevention Control Seminar, Shangri-La, Mobil Oil (S) Aug 15-Sep 23: Personnel Administration for Non-Per-sonnel Managers/Officers, P.O.D. Training Centre, P.O.D. Aug 17-22: Research utilisation, RELC, Singapore Family and Population Board Aug 18-Sep 8: Professional Salesmanship, RELC, NPB Aug 18-19: Cost Control351 words
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Article109 1980-08-09 2 ASSOCIATED Tours Singapore has computerised its tour administration, relieving staff of the burden at referring to thick and heavy tariff manuals. The company has ordered a Data General Nov* 4 computer to improve its package tour services covering Singapore and the Orient. Staff will Just have109 words
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233 1980-08-09 2 THE advertising industry in Malaysia is expected to grow 44 per cent in the first quarter of this year. This achievement, mirroring the good performance of the economy, will soon make Kuala Lumpur the hub of Asia's advertising industry, said Alan Fairnington, general manager of PTM233 words
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Article, Illustration273 1980-08-09 2 FIBERGLASS may now dominate the boat industry but all indications point to a comeback by wood in the form of a 'sandwich'. The 'sandwich' in the boat industry refers to a group of materials Joined together to form what technologists call composite structures. Basically, three273 words
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Article, Illustration213 1980-08-09 2 A NEW brand Chinese beer is being marketed in Singapore with hopes that it would provide strong competition to the currently very popular Tsingtao beer. The new beer is Peking Beer, a beer made in Beijing and well known throughout China. It is exported directly to213 words
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Page 2 Advertisements
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Advertisement246 1980-08-09 2 I- This magnificent novel tells the story of the Indian Mutiny, one of the most dramatic events in the history of India and the British Empire. It is also the story of Alex Randall, far-seeing Assistant Commissioner of Lunjore, and the spirited Winter de Baltesteros. Randall is charged with the246 words
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REGIONAL
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420 1980-08-09 3 AFP UNITED Nations Secretary General Kurt Waldheim's declaration that Vietnam, in a radical change of attitude, was now prepared to discuss the problem of its presence in Kampuchea provoked surprise in Bangkok and a denial by authoritative sources in Hanoi. According to Dr Waldheim, whoAFP - 420 words
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THE REGION IN BRIEF
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Article514 1980-08-09 3 COAL Miner and Engineer White Holdings will be relisted on Aug 11. Sydney Stock Exchange said White has been the subject of a prolonged struggle for control by Bond Holdings through its Endeavour Resources unit on one side and White and Mitsubishi unit Mitsubishi Development. JAPAN'S pepalattoa, m«514 words
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Article, Illustration391 1980-08-09 3 EXPECTED ARRIVALS TODAY KEPPEL WHARVES Builder (0700) 22 Bunga Mas (after Bunga Bindang) 18 Bunga Gelang (2300) 13/14 Hoegh Orris (1900 after Hoegh Cairn) 38/39 Kawana (RO/RO) (0900 after Aegis Hispanic) 46 Nile U (0600 after Centaur) 45 Ocean Eminence (2100) 1/2 Professor Popov (0800 after Dong391 words
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639 1980-08-09 3 AFP Reuter JAPAN must continue to fight inflation and refuse any easing on restrictions in demand until real results have been obtained in holding back price rises, the Organisation for Economic Cooperation and Development (OECD) said. The latest OECD report on the JapaneseAFP; Reuter - 639 words
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Article202 1980-08-09 3 Reuter JAPANESE car manufactuers plan to invest a total of US$3BO million in Australian car and car parts plants over the next seven years. Australian Minister for Commerce and Industry Phillip Lynch said in Japan yesterday, the companies include Nissan, Toyota and Mitsubishi, all of whichReuter - 202 words
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Article232 1980-08-09 3 AN American-owned company is going ahead with plans to drill (or oil in northern Australia despite the fears of aborigines that it will disturb the spirit of the Great Goanna, a mythical lizard. Opposition by the aborigines, as well as environmentalists and unions, is so strong232 words
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147 1980-08-09 3 Reuter GENERAL Motors of the United States will this month submit an investment application for a Joint venture with Taiwan Machinery Manufacturing Corporation (TMMC) for the manufacture of heavy-duty trucks and buses in Taiwan. TMMC president Lay Ying told the Council for Economic PlanningReuter - 147 words
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Article192 1980-08-09 3 AFP TWO Asstrallaas have had their hearlag restored by a "bioalc ear", the developmeat of a research team tram Melbourne Ualversity. lie Attjm "ear" b the remit of eight yean of work by the salversity's otolaryngology aad electrical eaglaeerlag departments. It will become commercially available wtthla a fewAFP - 192 words
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174 1980-08-09 3 Reuter INDONESIAN attempts to divert to the US garments blocked from going to Britain by new import quotas, have run into snags, the Indonesian Garment Manufacturers Association said. Americans are demanding the garments should be prewashed. The garments are already in export processingReuter - 174 words
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127 1980-08-09 3 AP THE South Korean government plans to bold a national referendum to adopt a new constitution. Seoul newspapers reported yesterday, quoting an unnamed government source, that the referendum would be held before Oct 3. President Choi Kyu-hah had previously pledged a political timetable calling forAP - 127 words
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334 1980-08-09 3 Reuter A RIOT broke out in central Colombo yesterday, with an anti-government mob wrecking cars, attacking buses, shops and offices and injuring several people, police said. The mob was made up of workers who lost their jo be for taking part in anReuter - 334 words
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Page 3 Advertisements
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Advertisement262 1980-08-09 3 Mf "wvm 4 w j£ Mf *if Mf r 'tf W w M* _**m m Vf V# J \r W V* i V 4 V u <w JE %t j KOREAN CHESTS Antique and quality reproduction chests and artifacts Aizia Discoveries presents their new collection of Korean stack chests, blanket262 words
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RAW MATERIALS
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Article338 1980-08-09 4 SINGAPORE: Yesterdays closing prices in S$ per kilo, ex-godown: THAI WHITE: 100 per cent first class (Kangaroo) new crop 1.08, 100 per cent second class 0.95, 100 per cent third class 0.93, 25 per cent new crop no stock. B-10 per cent 0.80. THAI BROKEN: A-super 0.72, Special no338 words
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Article249 1980-08-09 4 CHICAGO soybean futures oil Thursday collapsed in the final minutes on a late hurst of selling, to close at the day's lows and down 14 to nine US cents a bushel. The selling was said to have been led by the Northwest Elevator crusher. The market prior to this249 words
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Article221 1980-08-09 4 WHEAT futures on the Chicago Board of Trade on Thursday finished near the lows of the day, down 2V* to six US cents a bushel. Trading was more subdued than in recent sessions until near the close when the soybean pit featured a sharp decline. This partly spilled over221 words
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263 1980-08-09 4 A GOOD recovery was noted in the week ended Aug 7, with prices gaining 11 cents in fairly active trading, says HeUday, Cutler, Bath aad Campaay in its latest review of the Singapore and Malaysian rubber markets. After a slightly easier start, the steadiness263 words
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318 1980-08-09 4 UPI AFP SUGAR prices in the world market will remain strong at least until 1980-81 this is the prediction of Philippine Sugar Commission chairman Roberto Benedicto. In his published message to a. convention of sugar technolgists in the Central Philippine Cebu City, MrUPI; AFP - 318 words
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Article36 1980-08-09 4 Reuter INDIA'S tea exports increased to 210.57 million kilos worth 3.7 billion rupees in the 1979/80 financial year, ended March 31, from 172 million kilos in the previous year. Commerce Minister Pranab Mukherjee said.Reuter - 36 words
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Article314 1980-08-09 4 OPENING prices in Singapore yesterday were marked up slightly on reserve of sellers, covering demand and local speculative buying. Some upcountry releases emerged but were well absorbed and continued August demand also aided sentiment in active trading before values finished at the morning's best, dealers said. The morning session314 words
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Article297 1980-08-09 4 R.A.8 prtra In c*nU per klk> yesterday: Qoae Uk (per kilo) i -[din, Sellers lot 1 R.S.S iwfi f.o.b asjo Int. 1 RAS. Auguat 293.00 Int. l H&S. September 233.00 Int. 2 R.S.S. 284.00 UK/QM 282.00 Int. 1 R.S.S 2B1.M UK/Coat 280.00 lot. 4 R.S.S. 275 00 UK/Coot297 words
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Article81 1980-08-09 4 ■Al AM* 1 bar U.L (CarrMt Wy W Si San 888 JO SSRSO l-taa paJlrt) moo I-tea palat) *000 2M00N M2.00N 964.00 MlJOO mooN mooN MM SMR U cv 1-taa palWt) MJO W7S0N auo mtoN SMK SMR L 1 loa ltoe pal*) MJO palWli TT9 00 maoN81 words
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Article72 1980-08-09 4 THE BTRAJTB tts prise is Peaaag yesterday rese aasther Ms 4 a plesl ts «4*4. aided by the esatlaaed streagtk la spst tta ea the Lsadea Metal Exehaage aad fsllsw-threagh baylag sappert treat all ma Jar ssarees, dealers said. A drep Is Its see delivered by misers ts72 words
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Article39 1980-08-09 4 Rubber: Aug 8 Singapore: Aug: 293.50 cents (up 2.50 cents) Malaysia: Sept: 296.50 cents (up 0.75 cent) Tin: M 52,164 (up $4) (equivalent to $35.78 per kilo) (up 7 cents) Official offering: 195 tonnes (down 21 tonnes)39 words
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Article172 1980-08-09 4 CHINESE PniM Exchange, "-ffi seen per IN kg CltiiMl Bulk fob 129.00 sellers, ok) drum (in second hand drum) fob $131.00 sellers, new dram fob $145.50 sellers. Csprn: Mixed (loose) $78.50 buyers. Pepper: Muntok white pepper fob Asu NLW $430.00 sellers, Sarawak white pepper faq fob NLW $05.00172 words
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Article188 1980-08-09 4 YARN and cotton prices were quoted as follows In Hongkong yesterday: (la HK dollars, spot ex-go-down) OsMse yen: China Blue Phoenix 30s 2,190; 33s 2585. 4Qs 2*45 (per bale of 400 lbs). Piece fssdsi Chtaw Butterfly and Globe brand unq; Dragon Head unq; Five Lambs unq; Flower and Butterfly188 words
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Article615 1980-08-09 4 COFFEE: Robusta futures yesterday partially recovered initial losses and ended the morning £23 to £49 down in a volume of 2,261 lots. Dealers said the market opened lower as had been expected following limit losses in most New York positions overnight, and traded down to £1,239, basis November615 words
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Article96 1980-08-09 4 LONDON Metal Exchange (LME) traders expect stocks in LME Continental warehouses at the end of this week, and which will he announced qn Monday, to show the following chances from the previous week's levels: Copper wtrehars up about 2,000 tonnes at around §2,950, copper cathodes96 words
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Article116 1980-08-09 4 THE KUALA Lumpur palm oil market weakened on selling of nearbys yesterday, dealers said. Trading was quiet with August easing MJ7.50 in the Central region and South $3L50 to 1817.50 a tonne. In the North, August fell $5 to $835. In September, the Central region eased HO and116 words
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ASIAN STOCKS
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Article683 1980-08-09 4 TOKYO Source: DBS-Delwa IT MAY still be too early to expect a clear answer to the question whether the market has really entered into another phase or not. Nevertheless, those who now regard that the specula tives-centred market has come to the turning point, have becomeSource: DBS-Delwa - 683 words
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Article322 1980-08-09 4 WITH another major US bank to raise its prime rate by a quarter point to 11 per cent, hopes for local rates to come down vanished. Local investors were confused as to the direction of interest rate movement and with a lack of major news the stock market drifted322 words
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Article356 1980-08-09 4 THE STOCK market yesterday firmed led by sugar and cooper basin gas stocks, dealers said. Santos ended AH.7O higher at (14.20 and Vamgas added 70 cents to $7. Uranium stocks Pancootinental and Queensland Mines each added 20 cents to $7.10 and 18.70 respectively while among coals Utah gained 12356 words
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Article232 1980-08-09 4 STOCKS closed lower on lack of buying support in thin trading yesterday, dealers said. Bangkok Bank fell four baht to 302, Jalaparthan Cement one to 112, Siam Cement two to 252, Rama Tower one to 74 and United Flour Mill one to 188. AUG 08 Bahu Asia C'mlil Asia232 words
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Article155 1980-08-09 4 THE STOCK market yesterday closed lower across the board and turnover slipped sharply to 12 million pesos from Thursday's 5.1 million. Losers included Atlas Con B, Baguio Gold, Benguet Con B, Lepanto B, Basic Petroleum, Anglo Phil, Phil Overseas, Seatront, Ist Phil Hldgs, PLOT, San Miguel B and Vulcan.155 words
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Article51 1980-08-09 4 FINANCIAL TIMES INDUSTRIALS Thursday 471L2 Wednesday 473.1 Week Ago 490J DOW JONES AVERAGE INDUSTRIALS Thursday 860JH Wednesday 838.23 Week Ago 835.32 H.K.HANG SENG Friday 11». 48 Thursday 1140.35 Week Ago 1144.27 SYDNEY INDUSTRIALS Friday 708.64 Thursday.» 706.86 Week Ago «87.73 ALL ORDINARIE8 Friday 898J7 Thursday 831.73 Week Ago51 words
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Page 4 Advertisements
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Advertisement319 1980-08-09 4 NEW n* ''jsjCaSri vsasA sua ]tisttSJ3® U<3J3 I ■afiSSSS. Hamlyn Paperbacks TELL ME WHO I AM BEFORE I DIE LINDA the hard-drinking big-spender, turned on by drugs, sex and violence MARIE the loving wife, toother and nurse CHARLENE the patient sufferer I BABS the child 1 MICHAEL the guide and319 words
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OVERSEAS
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544 1980-08-09 5 AP JAPANESE car sales, booming in the United States and Western Europe, captured a record 18 per cent share of the British market last month, provoking fresh calls from union leaders for tough import controls. For the first tin», Japanese sales in BritainAP - 544 words
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Article542 1980-08-09 5 UPI Reuter THE tO-NATION Disarmament Conference ended its 1980 session on Thursday with little progress made on the major issues of banning chemical weapons and all nuclear tests. The United States, at the final meeting before the conference recessed until next year, reiterated earlier proposals thatUPI; Reuter - 542 words
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157 1980-08-09 5 THE BRITISH gn wt Mid m Itanday It phus a II per ecat kMat k drll three yMii SmT amally m dvU dcImm rrmpnrrd with £21 milllM at prMMi. Aaaaaadag this I» Parilameat, H»me Secretary William WMtetaw said "the gaveramcat Im Mt regard157 words
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228 1980-08-09 5 Reuter THE ITALIAN geverameat will dedde by Sep 15 m i deal uder which the itote•waed Ann AH» Bemee weald predaee esn with the Japanese ear Ann Nissan, the Mlalstry far State partldpatlsa la Mutry Mid n Tharsday. Prime Minister Fraaceses Csssigs, laReuter - 228 words
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Article136 1980-08-09 5 Reuter NO decision about the future status of six West German pharmaceutical firms in Iran has emerged from talks with government officials, informed sources said. The companies, Bayer AG, Hoechst AG, E Merck, Schering kg, Boehringer Mannheim Gmbh and Gruenenthal, were notified last month that IranianReuter - 136 words
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WORLD IN BRIEF
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Article419 1980-08-09 5 Agencies A FIVE-YEAR plan for economic development of the Pacific Basin Hawaii, American Samoa, Guam and the Northern Marianas has been presented to the White House. The plan, a report on the Pacific Basin Development Conference held in Hawaii in February, outlines economic strategy for theAgencies - 419 words
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Article261 1980-08-09 5 UPI IN ITS first official comment on the Billy Carter case, Libya said the campaign raised against Mr Carter was false and accused Zionism of being behind it to disrupt relations of Libya and the American people. A communique issued on Thursday by the Libyan Foreign MinistryUPI - 261 words
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Article76 1980-08-09 5 EGYPT expressed pessimism yesterday over the chances of success of the Palestinian autonomy talks with the United States and Israel. The assessment was made by Minister of State for Foreign Affairs, Butro6 Ghali, in remarks published in the Egyptian press. It came amid a continuing controversy between Egypt76 words
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Article666 1980-08-09 5 ARRIVALS Sendee Local Operator Number Time From MAS MH601 0700 KUL FT FT75 0710 JFK/SEA/NRT/TPE SIA/BA SQ/BA17 0715 LHR BAH SLA SQ101 0815 KUL MAS MH621 0635 PEN MAS MH671 0930 PEN/KUL MAS MH605 1000 KUL SIA SQZU 1000 HLP CAL CT814 1000 HLP CPA CX710 1005666 words
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Page 5 Advertisements
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Advertisement428 1980-08-09 5 V MALAYAN UNITED INDUSTRIES BERHAD (Incorporated in Malaysia) NOTICE OF EXTRAORDINARY GENERAL MEETING Notice is hereby given that an Extraordinary General Meeting of the Company will be held at the registered office, 16th Floor Wisma Mirama, Jalan Wisma Putra, Kuala Lumpur on 4th September 1980 at 10.00 a.m. for the428 words
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Advertisement328 1980-08-09 5 How much do you see when you look at this etching? nw> nil WO Ol 1 i*/ jL sI .a It Ut. -W )W» rf »r. H I, Mm* M» IW Fl»r* HM The Time IJfe Lflwary Of Art £ac/i fcoo/r measures 9 x 12 inches (23 x 31 cm).328 words
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Article340 1980-08-09 6 THERE ARE powerful reasons for believing that a mass rapid transport system is not only desirable but necessary for a growing and more sophisticated Singapore. At least this has become the almost universally accepted view. Those of us who have no access to the fine340 words
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299 1980-08-09 6 THE ECONOMIC restructuring started a year ago appears to have borne fruit, according to latest industry statistics. Overall productivity growth has improved to 4 per cent in the first half from 2.6 per cent last year. Despite higher wages, manufacturing investment commitments have risen sharply299 words
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1956 1980-08-09 6 RHYS DAVID - DIVERSIFICATION IS THE NAME OF THE GAME By RHYS DAVID FT WITH A DOGGED persistence that would do credit to the bejeaned hero of any Western, Wrangler has tailed Levi Strauss for a good 20 years. The hunter has failed toFT - 1,956 words
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Article829 1980-08-09 6 Depthnews IN THE STORES of Guangzhou, a new line is selling well a new brand of television sets. It may not be surprising that the Chinese have been bitten by the consumer bug. What is a bit more surprising is their origin they are clearly labelled 'MadeDepthnews - 829 words
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Page 6 Advertisements
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Advertisement200 1980-08-09 6 ■JSSS 8 Why idla away your lifa and languish in poorly paid jobs with no futura whan you can move ahaad with tha RIGHT QUALIFICATION? Enrol now with FEDERAL PUBLICATIONS HOME STUDIES DIVISION for any of tha following coursas and gat just THAT QUALIFICATION! Institute of Administrative Management Institute of200 words
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Page 6 Miscellaneous
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Miscellaneous1502 1980-08-09 6 IaTiVf&WftDTQ WATCH THE PARADE UNLESS yaa're participating la the Natf aaal Day Parade, It may be wtoe to stay heme today aad Bat get eaagkt at a read Meek er traffic Jam. Wateh the parade at heme, startlag at SJIpOL Tke SBC will be makiag ■are that theee ameag yea1,502 words
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Article, Illustration1082 1980-08-09 7 AGNES WEE - Foreign and local investors, undeterred by the corrective wage policy, continued to show confidence in the Singapore economy as seen in the increase in net manufacturing investment commitments in the first half of the year. By AGNES WEE THE SINGAPORE economy has again performed well1,082 words
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902 1980-08-09 7 WILLIAM SAFIRE - FOROMi With WILLIAM SAFIRE NYT THE MOMENT of truth for Jimmy Carter in the saga of his brother's influence-ped-dling came on April 1 of this year. On that day, Zbigniew Brzezinski laid before him an intelligence report revealing that Billy Carter was seeking toNYT - 902 words
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Article658 1980-08-09 7 Reuter HANOI. This Vietnamese capital projects a strange mixture of charm and decay, its proud yet regimented people seemingly unable to find peace or prosperity after more than three decades of war. No major construction work or other signs of activity to restore the country's war-shattered economyReuter - 658 words
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Page 7 Advertisements
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Advertisement123 1980-08-09 7 A Convenient and Effective Way for you to learn Mandarin. The "Mandarin By Radio" Series currently broadcast over SBC and published in the Straits Times Bilingual Page, is now available on cassette with a comprehensive book to guide you. SBC u «sec W By following the series conscientiously, you will123 words
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INTERNATIONAL STOCKS
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EUROPEAN MARKETS
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Article262 1980-08-09 8 AUC. 07 Frs CORBE1LLE Air-Laquide 458 10 B S N Ciervais Ikutunr 1010 6 C S K (ThomsonCsf) 453 15 CM Krancaise des Petrol<*s 239 6 Compagnie hinanciere Compagnie Gfnfralc 381 Credit Ponder De France 427 50 ,♦9.5 Hachette (Ubraine) 260 13 Machines Bull 55 *0.1 Michelin (B> 825262 words
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Article95 1980-08-09 8 AUG 07 Frs FORWARD MARKET Am 323 4 Arbed 1075 -20 Aslur 402 2 Brusca 11 692 unch Bru-Lamb 1420 •2 Canpac 1024 18 Cork 222 4 De Beers 293 J Ebei 1885 -5 Electrobel •100 -20 Gb-lnno-Bm 2380 S (re* 1230 unch Hobok 2620 -80 Petro 4610 *4095 words
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Article211 1980-08-09 8 AUG 07 Dm Aef-Tele fun ken 92-20 +0.9 Akzo 21» +0.1 Allz Leben 1000.00 unch Allz Vers BASK Bay H T WDank Bay Vbunk Bayer BBC 454 00 ***** 200 00 ***** ***** 306 00B 10 13 25 25 1-2 BMW 147 50 4J Cassella Chem Verw Commerxbank Conn211 words
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Article195 1980-08-09 8 AUG 07 n» A UN 314 50 Ahold 75 00 14 Akzo 23 50 AMEV 87 50 >13 Am fas ***** 1.1 Amrobnk 87 50 0.5 B**rgoss 37 00 unch Perk 9000 -0.5 Bo Is 61 00 ♦15 Borsumij 231 00 >5 Burhmann 85 90 -01 Byenkorf 5010 -0.3195 words
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Article190 1980-08-09 8 AUG Vt Krancs Actions Suisses 293 unrh Alusuisse Br 1215 10 Alusuisse Rt| 448 unch Brown Bowl Br 1690 -20 CM G*ny Br. tin 10 CI Da Geify PC 885 •to Clba Getfy Rn «0B •1 Credit Suisse Br 2290 •5 Credit Suisse Reg 388 •1 Elektrowau Br 2SI0190 words
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Article100 1980-08-09 8 AUG 07 Luc Ante 7.10 02 Aaaor Oen ***** 1100 Basloci 578 -21 Oniralr ***** -300 Klal 1551 -49 Kinudrr 64 2 Oen lmmob 1450 -495 Hi Pri 2815 •16 luimnrnu ***** 150 luteal 928 •16 Ilalsider 323 -0-25 Magneti M Pf 421 unch Marelli Err 299 -5 Medioto100 words
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Article1143 1980-08-09 8 NEW YORK BLUE CHIPS and retail issues rallied in late trading as the New York stock market on Thursday closed sharply higher. The Dow Jones industrial average closed at its highest level in more than three years and its gain of more than1,143 words
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Article190 1980-08-09 8 AUG 07 C* Abltlbl Alcan Algoma Bunk Mont 'l Bank Nov* ScoUa 32 Bell Tel 19 unch Beth Corp BP Can Ltd r «4. Brasran a» Camp Red Lake Can Imp Bk 17'. Canpac f Canpar lnv PJ 19 'i Carting OXeefe 1 Comtnco 90 Cons Bath 17 Cons190 words
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Article322 1980-08-09 8 AUG 07 Rand INDUSTRIALS A Alpha 460 10 Abrrcom 370 5 AE And CI 010 unch AUIC 2550 unch Barlows 1095 15 Cf Sugar 1550 50 CNA 54SS Currw t'»nanc« 250 20 I> Beers Ind 3100B unch K-dron 670 Edgars 7100B unch Evrrradv Fed Volk 535 5 t'ugit322 words
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Page 8 Advertisements
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Advertisement655 1980-08-09 8 See Page 4 for Asian stocks Where to wine, dine and entertain The Great Family Do-KAbursetf Barbecue t ■WJ tor > \'-l tl mm m Choose SUES Juat chooae what you want and b«taaia*. Mast. Mafood. uUcfc mucs Ctwfj hat and apron a alabli *30+ far adu*\ Jl4-f for each655 words
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MONEY AND EXCHANGES
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Article485 1980-08-09 9 THE deutschemark took the limelight in trading with the US dollar in what dealers described as a quiet foreign exchange market yesterday. The dollar opened at 1.7820/30 against the German currency, with trading done within a narrow range in the morning. When Europe came in, strong support'for the485 words
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Article266 1980-08-09 9 STERLING and the US dollar yesterday continued firm in moderate, quiet trading at the owning, with the dollar following the market in the Far East and in New York on Thursday. •Steady Eurodollar rates and a sharp drop in US consumer credit helped the dollar, while sterling continued to266 words
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Article22 1980-08-09 9 THE average rate at which major Singapore banks are currently prepared to lend to their best customers is 11.1 per cent.22 words
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Article171 1980-08-09 9 ASIAN ASIAN currency deposit Interbank rates as at close on Aug 8: US DoUart(8pot) Offer Bid 7 days 97/16 95/16 1 month 105/16 10 3/16 2 months 10 9% 3 months 105/16 103/16 6 months 1011/*****/16 9 months 10V« 10M 12 months 1013/*****1/16 SvJn. Das. II1IX1U 1 month 3 months171 words
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Article47 1980-08-09 9 RANGE of prices offered by discount house* on Aug 8: Overnight: 6H% to 15/If* Call deposits: 6V«% to 615/1«% Closiu Baying Selling 3-month Treasury bills 6% 6V« 3-month Bank bills 99/16 97/16 3 months CD 9'/k 9 6 months CD 9 8% Source: National Discount Co47 words
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Article40 1980-08-09 9 RESULTS of tender held yesterday for 91-day Treasury bills: Offered: (70.000.000 Affiled fer: $144,800,000 AlMtod: 570.000.000. Accepted kids: $98.29 approximately 75 per cent higher bids in full. Average rate «f dtoeenat m allotment: 6.830 per cent per annum.40 words
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Article67 1980-08-09 9 QUOTES on the Australia and New Zealand exchanges yesterday: US dollar 1 1587 /1 1539 Sterling 0 ***** 4836 90-day airmail buying rate*: Sterling 0.5153 US dollar ***** 90-day forward buying rate*: Sterling 0.4938 US dollar 1.1513 NEW ZEALAND: Reserve Bank midrate: US» 9788 Trading Bank Indications: US dollar67 words
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Article277 1980-08-09 9 SINGAPORE gold futures yesterday closed generally lower after fluctuating marginally through the session in light trading. Total sales for the day was recorded at 119 lots of 100 ounces and October closed weaker at U*****.10/50 an ounce against $644.70/90 on Thursday and December at $653/654 against $655.50/ 656.50. On277 words
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Article40 1980-08-09 9 FRANKFURT exchanges opening quotes on Aug 8: US 1.7865/75 (1.7825/35) Stg 4.238/248 (4.210/220) Can una. D F1 91.78/90 S Fr -108.30/42 Lit 2.115/125 F Fr 43.22/27 N Kr 36.65/68 B Fr (con) 6.264/72 B Fr (fin) 6.250/260 Yen 0.7871/8340 words
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Article186 1980-08-09 9 THE US dollar yesterday continued its firm trend against most major currencies but was below the day's highs in late trading. Dealers said the dollar moved back slightly in active business as some European banks took profits after their opening. The dollar stood at a late 1.7860/70 marks against186 words
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Article124 1980-08-09 9 THE US dollar for overnight delivery yesterday closed firmer at 226.65 yen, compared with a 225.90 opening and 225.15 at Thursday's close, dealers said. Trading was fairly active with volume US$B47 million. The dollar fluctuated narrowly around 226.70 yen in slow late trading after early firmness in active trading124 words
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BANKING AND FINANCE
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263 1980-08-09 9 Reuter THE OUTSTANDING balance of .yen certificates of deposit (CDs) issued by five leading Japanese banks Dai-Ichi Kangyo, Fuji, Sumitomo, Mitsubishi, and Sanwa totalled 757.26 billion yen at end-July, a decline of 43.62 billion from a month before. Sources said the decline wasReuter - 263 words
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Article, Illustration401 1980-08-09 9 IT IS NOT often that the Association of banks in Singapore (ABS) and the Post Office Savings Bank (POSB) see eye to eye on various banking issues. But for once they have and on a big occasion like National Day too.' Both organisations have chosen "Progress through Automation"401 words
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Article263 1980-08-09 9 THE LOWER official German interest rates expected in the near future and the subsequent harrowing of the Swiss/German interest rate differential suggests a possible strengthening of the Swiss franc against the deutschemark. But the combination of stable Swiss interest rates and firmer US interest rates indicates that a263 words
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Article55 1980-08-09 9 SUN HUNG KAI Finance Co Ltd will issue US$l5 million of three-year regotiahle floating rate certificates of deposit. Agents for the issue, BA Asia Ltd, said the CDs, maturing on Aug 18, 1983, will carry interest of H per cent over six month Hongkong interbank offered rate, for US55 words
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Article87 1980-08-09 9 Reuter LEGISLATION eaau late effect yesterday —'-rr the activities «C Mage eemmodttles/geld operator» wlm are Ml registered safer the Commodities Trading Oriaaaee er as members sf the CUaeee Geld aad SUver Enfc-p Society. A Heagksag geverameat rtitumst said saiw the Commodities TmUag (imradmrat) Ordtaaace Ml, the hawUagReuter - 87 words
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Article1082 1980-08-09 9 Agencies THE Bank of England is making some £500 million available to banking institutions in the form of a sale and repurchase facility in UK government bonds from Aug 11 to Sep 8. The new facility replaces the present £700 million repurchase arrangement scheduled to expire onAgencies - 1,082 words
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254 1980-08-09 9 THE KUWAIT Central Bank re-opened the Kuwaiti dinar bond market to foreign borrowers, effective immediately. The market was closed in November last year as Kuwait faced a liquidity squeeze. A spokesman said letters had been sent to investment companies and banks in Kuwait254 words
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Article146 1980-08-09 9 AP CHASE Manhattan Bank raised its prime lending rate on Thursday one-quarter percentage point to 11 per cent to rejoin the rest of the banking Industry in the United States. Two weeks ago, Chase cut its rate to 10.75 per cent, but only one other major h«nirAP - 146 words
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Article110 1980-08-09 9 Reuter AFTER months of delay, the New York Futures Exchange (NYFE) opened for business on Thursday. Trading was fairly active in contracts for US Treasury bonds and five foreign currencies. Results of the first day's trading show a total of 3,581 bond contracts traded and 846 lots inReuter - 110 words
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Page 9 Advertisements
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Advertisement314 1980-08-09 9 J>* itamftvri H. Mb Crochet mi II fenf#*! Ob< Pmf±* w*i sfe r ■I p» r< "W" Ha •Yaji fitts-k THE HAMLYN BOOK OF CROCHET Crochet is one of the crafts which is becoming increasingly popular and this book sets out to introduce the reader to all the basic techniques314 words
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1700 1980-08-09 10 BUSINESS DONE ON THE SES THE KLSE 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 Acma (3MB 3MS) (12)1,700 words
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Article157 1980-08-09 10 ■HBiMSDMTIIWT (Minm 1 prices tar Am 11) The Commerce 188 3.03 The Savings Fund 1.82 1.91 S'pore Prog Fund 135 1.42 S pore Sec. Fund 108 2.18sd S'pore Invest Fund 1.77 1JI S'pore Equity Fund 1.31 1-37 AAA UNIT TWJBT r Mai Invest Fund 3.00 3.12 Mai Prog157 words
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Article2798 1980-08-09 10 1980 High Low Company Last 8ale orGr'. Div Div Cvr Git's Yld Net P/E Vol (TOO) Day High Low SECTION ONE INDUSTRIAL COMMERCIAL 370 200 149 170 3M 81 352 402 312 414 245 220 116 140 270 60 275 246* 187 285 Acma Alcorn Allied Choc2,798 words
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Article1692 1980-08-09 10 BID and offer prices officially listed and business in and reported to the Kuala Lumpur Stock Exchange yesterday with the number of shares traded shown in brackets in lots of 1,000 units, unless otherwise specified. INDUnWAU A teaacta (3.308 3.4Q5) Aleeai (2MB 2.675) (12) 2.63 (12) 2.621,692 words
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Article73 1980-08-09 10 LOWER Permk Tla Dndglag BM: AGM to be held at Wisma Bunga Ray a, 152 Jalan Ampang, Kuala Lumpur at 10am on Aug 29. BERJUNTAI Tla Dredglag BM: AGM to be held at Wisma Bunga Raya, 152 Jalan Ampang, Kuala Lumpur at 10.30am on Aug 29. SUNGEI Bed73 words
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Article, Illustration707 1980-08-09 10 TWO —rnwaliie days af MIU activity mart trifle tee nick far the Hlappw steek market mad ■here prim ceaeeqaeatly cleeed eff beat yesterday. Aethtty was niiwite sad terse vera did set Impreve dpM—Hy treat the ffwhM day. Bew af the reeeat raaaers707 words
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Article555 1980-08-09 10 SHARE prices drifted to a slightly easier close in cautious and selective trading at the Kuala Lumpur stock market yesterday. Investors appeared reluctant to deal and kept to the sidelines in view of the long Hari Raya holidays next week. The market also seemed disturbed555 words
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COMPANY NEWS
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1230 1980-08-09 11 SUSAN THAM - By SUSAN THAM PROSPECTS for earnings 'growth in the Malaysian plantation industry have dimmed, at least in the medium term, reports James Capel and Company. In a special study of 15 > Malaysian plantation companies, the London- based broking firm predicts that earnings are1,230 words
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Article101 1980-08-09 11 OLYMPIA Plywood and Timber Products Bhd has found a new substantial shareholder in the form of Yayasan Islam Melaka (YIM). YIM has acquired 2.8 million shares of $1 each in the plywood company from Singapore stockbrokers Tsang and Ong at $1.80 a share. YIM, a101 words
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782 1980-08-09 11 FELDA'S claim as Malaysia's "success story" is based on an impressive array of statistics. It is also endorsed by the number of awards the organisation has garnered since its inception, the latest being the Magsaysay award given to its chairman, Tan Sri Raja Muhammad782 words
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Article252 1980-08-09 11 Current Ex Book* Date Total for Total for Payment Date Close Payable tke year Previous year Ltd Mai 20% Jul 22 Aug 1 Aug 11 30* 24* River-view 4*(n) Jul 28 Aug 8 Aug 18 7* 12* T H 8 (M) 7*1 Jul 9 Jul 21 Aug 19252 words
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Article181 1980-08-09 11 Company Particulars Ex Date Books Close City Dev FAN GI Holding* H L«oa( Finance Hum M JC-MPH Keek Seng Mai Containers OUE Sanyo lad SP Textile Rights Issue of 2 for 3 u4i 90 per share Bonus Issue of 1 for 3 Rights Issue of 1 for 2181 words
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194 1980-08-09 11 COLD Storage Holdings' offer for sale of 8.75 million Cold Storage (M) Bhd shares has been oversubscribed. The offer which closed three days ago attracted applications for 68.4 million shares, almost 60 million more than the amount offered for sale. The company said it received194 words
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Article78 1980-08-09 11 BATU Kawaa said shareholders have approved the issue of 4.17 million Msl shares at $2 per share to bumiputra investors nominated or approved by the Malayston Ministry of Trade and Industry. The Mi shares will not be entitled to the final dividend t the financial year ewft*78 words
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519 1980-08-09 11 Market Talk... LATE COMERS to the market can still find investment opportunities in a number of stocks, mainly Singaporebased companies. Because of tight money and high interest rates earlier this year, Singapore stocks have not enjoyed as much attention as Malaysian519 words
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404 1980-08-09 11 RONNIE LIM - By RONNIE LIM HUME Industries (Far East) is finalising a new Joint venture with an Australian building materials company which will give it a regional "licence" to provide a French-invented reinfarced earth construction technique in South-east Asia. While investment in the new Singapore-baaed construction consultancy "specialist404 words
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LATEST RESULTS
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Article81 1980-08-09 11 has revalued its properties at HKS226J million, representing a surplus of $120.3 million over its book value as at June 90. Its net assets per share is 19.97. For the year ended June 30, group pre-tax profit was $10 million ($ll million previously) on turnover of $135.781 words
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Article22 1980-08-09 11 has esti- mated its half-year pre-tax profit at $7 million ($8.5 million) and after-tax profit at $13 million (s3£ minion).22 words
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Article53 1980-08-09 11 has reported ajpre- tax profit of $15 million ($789,000) for its half-year ended June 30. Unaudited consolidated net tangible assets stood at $67.3 million or $L 35 per «hare, representing a 21.8 per cent growth over consolidated net tangible assets of $55.3 million or $1.11 per share as53 words
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Article33 1980-08-09 11 has report- Ed a pre-tax profit of $3.5 million ($2.8 million) on sales oI $36.1 million ($30.8 million). Its directors have declared an Interim dividend of 6 per cent less tax.33 words
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Page 11 Advertisements
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Advertisement349 1980-08-09 11 The LIFE Library Of Photography helps you to see great picture possibilities r 3 r n ~T"1 all around you... f r? The Life Library Of Photography Each volume measures 10'/< to7< inches (26 *26 cm). Hard cover, silver stamped black cloth binding. 240 pages. Approximately 300 illustrations, many in349 words
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Article402 1980-08-09 12 Reuter IMMEDIATE registration of all foreign investments in the United States is called for by the House of Representatives government operations sub-com-mittee. In a report released in Washington on Thursday night, the committee also recommended a presidential review of foreign investment policy and congressional considerationReuter - 402 words
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247 1980-08-09 12 THE Council for the Securities Industry, which sponsors the London Takeover Panel, said it has asked its member associations, including the stock exchange, not to participate in stock market raids pending the formulation of new rules. It said market raids, often called247 words
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259 1980-08-09 12 AP MALAYSIAN Foreign Minister Tengku Ahmad Rithauddeen said yesterday that the conflict in Indochina is not between Thailand and Vietnam or between Asean and Vietnam, but is the result of the presence of Vietnamese troops in Kampuchea. Commenting on United Nations SecretaryAP - 259 words
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Article189 1980-08-09 12 Reuter EGYPT yesterday received a lengthy letter from Israeli Prime Minister Menachem Begin but there appeared little likelihood it would lead to an early resumption of negotiations on autonomy for the Palestinians. The 15-page letter to President Sadat was handed over by Israeli Ambassador Eliahu BenReuter - 189 words
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Article757 1980-08-09 12 LONDON, FYi. Share prices closed slightly higher in quiet, end-of-account trading with sentiment still inhibited by the lack of institutional investors, dealers said. At 3pm, the FT index was up 1.4 at 479.6. Leading industrials were generally a penny or two higher though GEC was up 6p at757 words
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212 1980-08-09 12 THE United People's Front (UPF) has released the first chapter of Its manifesto yesterday which, among other things, called for the hanntng of private practice by foreign lawyers in Singapore. This chapter, which has 15 clauses, also advocated the abolition of private legal practice212 words
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Article56 1980-08-09 12 Reuter THE Malaysian government will soon appoint a labour attache to be based in Geneva to provide information on local affairs to foreign countries. Labour Minister Datuk Richard Ho announced yesteday. The appointment, the first of its kind, was also aimed to conduct research on labour mattersReuter - 56 words
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Article, Illustration40 1980-08-09 12 AP An anti-Iranian demonstrator is hoisted above a crowd o( fellow demonstrators in Washington as he holds an effigy of AyatoUah Khemeiny. Hie crowd Jeered pro-Khomeiny demonstrators en rente to Lafayette Square across from the White honse. APAP - 40 words
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372 1980-08-09 12 PHILIPPINE President Marcos has warned anyone threatening the violent overthrow of his martial law administration that it would react with the full force of its emergency powers. Addressing the paramilitary constabulary, Mr Marcos cautioned labour leaders, students and political opponents that while his372 words
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Article253 1980-08-09 12 CANADIAN Trade Minister Herb Gray has warned Japanese carmakers his nation may be forced to take protectionist measures if they do not increase their purchases of Canadian car parts or investments in Canada. "I was pleased with my discussions with members of the Japanese government and car253 words
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318 1980-08-09 12 Reuter FOUR men accused of plotting a major international fraud involving a Canadian gold mining project have been acquitted at London's Old Bailey Court after one of Britain's most costly criminal trials. After deliberating six hours and 27 minutes, the jury acquitted RobertReuter - 318 words
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Article179 1980-08-09 12 Reuter HUTCHISON Whampoa said in Honkong its subsidiary Hutchison Boag will sell six subsidiaries and one associate company comprisig its entire motor division to Zung Fu, a 75 per cent-owned subsidiary of Jardine Matheson, for an undisclosed cash consideration. Hutchison Whampoa chairman Bill Wyllie said inReuter - 179 words
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Article140 1980-08-09 12 TOYOTA Motor of Japan has developed an automatic car transmission gear system that can improve fuel efficiency by at least 10 per cent over conventional types. Toyota, Japan's largest carmaker, said it has started mass production of the new gear system and will equip its new140 words
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Article108 1980-08-09 12 IN a move that is against current market trends, the Development Bank of Singapore (DBS) said it will be raising its deposit rates by V* points across-the-board from Monday. The bank, however, is holding its prime lending rate (PLR) at 11 per cent. OCBC and the108 words
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Page 12 Advertisements
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Advertisement134 1980-08-09 12 Can one man's greed upset the balance of world power? j Morgan Khoo, an obese Chinese tycoon addicted to ice-cream and youthful flesh, masterminds a daring scheme to make himself even more millions Firsb capture the Prime Minister and replace him with a puppet. §OCOnd! kidnap ten international politicians attending134 words
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Page 12 Miscellaneous
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Miscellaneous68 1980-08-09 12 W EATH E R1 Outlook for Singapore from 6 a.m. to 1 p.m. today: Showers in several places from late morning. Report for 24 bun prior to 7JI p.m. n Aagut 8 at the airport. Maximum temperature 31.0 Associated humidity 64 Minimum temperature 23.0 Associated humidity 91 Hours of sunshine68 words
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LEISURE TIMES
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Article, Illustration1125 1980-08-09 13 LEE YOKE MENG - COLLECTING By LEE YOKE MENG A GIGANTIC bunch of flowers of peonies, chrysanthemums, plum blossoms, marigolds, roses and dandelions adorn the huge floral basket. It costs $180,000. It's all done in porcelain and it looks absolutely real. This floral basket, romantically named "Spring Flowers in FullPhotos: Tan Suan Ann - 1,125 words
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Article274 1980-08-09 13 GBS PANCAKES seem to be the latest favourite of food-lov-ing Singaporeans, judging by their additional listings on the menu. Jumping on the bandwagon is Pete's Place which has added savoury pancakes to its usual fare of dessert pancakes. You have a choice of five savouryGBS - 274 words
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Article, Illustration805 1980-08-09 13 NG LORE KOON - NG LORE KOON AND JUSTICE for All" (coming to Orchard) reveals the corruptibility of the judiciary system in America. For that matter, it could very well be the judiciary system of any country, provided that the necessary ingredient of corruptible men is present. And they seem805 words
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Article, Illustration554 1980-08-09 14 CHARMAINE CHAN - Expected completion by year-end By CHARMAINE CHAN LOCATED on 3,600 sq metres of land between Oasis Restaurant and the Cisco office in Kallang Park, Singapore's first Half Court Tennis Commercial Centre will be the first in Asia to include practice alleys. This $1,000,000 complex with554 words
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Article, Illustration1149 1980-08-09 14 MOTORII6 Hermes ALL OF US should know by now that the Japanese car industry has been moving along at a tremendous pace and has even shown European manufacturers a thing or two in technically sophisticated mechanicals like the rotary engine and front wheel drive. And with theHermes - 1,149 words
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Article, Illustration496 1980-08-09 14 ALVIN CHOW - ALVIN CHOW ALL "reservations" were cancelled at the Tiara Supper Club last Thursday at 10.30pm. And it made the Asst PR Manager, Mr Herbert Teo, smile happily. The much-talked about unresponsive Singapore audience just had to Join in the festivity. Because when Tony Pantano entertains, people participate. This496 words
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Article, Illustration753 1980-08-09 14 RONALD KOW - By RONALD KOW THE NATIONAL Football League (NFL) the pride of local club-level soccer has been taking the lion's share of sports headlines lately. This trouble-plagued league with so many changes in fixtures and venues, incidences of violence, referees threatening to boycott the753 words
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217 1980-08-09 14 The most expensive set of golf clubs for $11,000 SPOREX-ASIA and BoatAsia, combining for the first time in Singapore, are currently holding an exhibition on a wide range of leisure equipment at Hall 3 of the World Trade Centre. Wrist guards and sun visors number among the cheaper items while217 words
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Article417 1980-08-09 14 TODAY: GOLF: To celebrate National Day, there will be competitions at seven of the golf clubs. Keppel Club will hold the Singapore Golf Association National Day strokeplay competition for 51 golfers. Over at the Jurong Country dub, 92 have signed up for a strokeplay competition. Warren Golf417 words
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Page 13 Advertisements
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Advertisement61 1980-08-09 13 A helping hand when you need K most Meyfoong Mortgage And Fhuincc (S) Lid. Ground floor, Shaw House, Singapore 0923 Tet *****77 5 _rcMDa_ Singapore's first Half Court Tennis Commercial Centre by year-end II Back to Sundays for M-Cup matches? questions RONALD KOW II Your weekend sports diary II The61 words
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Advertisement40 1980-08-09 13 Corporation For all types < Culinary (Ofi< Rakl Corporation ana europcm; Tel: *****4/*****4 W Tele*: RS ***** A/B R AKtCOR C»b»«: "RAKicoRP" seeds.roots. spices rmmmi and lees. Marsiling Industrial Estate Malaysia Tel: ***** Manufacturer. Cable "RAKICORP" Johore Bahru miller and stockist*.40 words
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Page 13 Miscellaneous
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Miscellaneous685 1980-08-09 13 WHAT WHERE FILM SHOWS THE SINGAPORE Science Centre will screen The Unknown Continent tomorrow at 3pm. The film deals with advances in medical research, illustrating anaesthetics surgery and pharmacy. A MANDARIN film "Please, Sir, we are sorry" will be screened at the Auditorium of the Marine Parade Branch Library on685 words
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