The Business Times, 23 August 1980
1980-08-23
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The Business Times
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Title Section11 1980-08-23 1 BUSINESS TIMES M.C4P) No. IH/1/8* SATURDAY, AUGUST 23, lttt 50 CENTS11 words
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BRIEFLY...
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Article76 1980-08-23 1 WASHINGTON, Fri. Both the US State department and the Iranian Foreign Ministry nave denied a Lebanese report that five of the American hostages in Teheran had been shot to death while trying to escape. The report from the right-wing Voice of Lebanon radio in Beirut had said76 words
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Article69 1980-08-23 1 Reuter WARSAW, Fri. Poland's powerful Roman Catholic Church intervened in the nation's growing labour and political crisis today with a statement expressing understanding for the strikers and calling on them to show wisdom and prudence. The statement was issued by church authorities in Warsaw after Bishop Lech KaczmarekReuter - 69 words
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Article51 1980-08-23 1 AFP MOSCOW, Fri. The US embassy here lodged a protest with the Soviet government today over the jamming of the Russian-language broadcasts of the Voice of America radio network. Also Jammed since yesterday have been Britain's BBC and West Germany s Deutsche Welle during their Russian programmes.AFP - 51 words
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Article72 1980-08-23 1 AFP KUALA LUMPUR, Fri. Asean orchid industry has great scope for expansion in view of the world demand for cut flowers especially in Western Europe, the United States and Japan, Agriculture Minister Shariff Ahmad said here today. This was particularly so as flower growing in the temperate andAFP - 72 words
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Article64 1980-08-23 1 UPI LONDON, Representatives of the management and journalists of the Times of London deadlocked again today in an effort to settle a wage dispute and avert a strike on the newspaper for the second time in nine months. A spokesman for the government arbitration service after a two-hourUPI - 64 words
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Article38 1980-08-23 1 JAKARTA, Fri. The Directorate-General of Sea Communications has issued a ban on the charter or new purchase of foreign ships for the carrying of Indonesian woodlog exports with effect from August 1, it was reported today.38 words
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Article54 1980-08-23 1 UPI TOKYO, Fri. Fearing radiation leakages, Japan today refused a crippled Soviet mirfrar submarine passage through its territorial waters. Government officials said notification of the refusal was made through the Soviet Embassy in Tokyo as a Soviet tug and three companion ships manoeuvred to guide the submarine toUPI - 54 words
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Article55 1980-08-23 1 NEW YORK, Fri. Stock prices moved higher for the third straight session, with oil and computer issues leading the way. The Dow Jones average of 30 industrials, up 9.72 points yesterday, gained 6.57 to 961.60 in the first half hour. Advances outnumbered declines nearly 4 to 1 on55 words
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Article154 1980-08-23 1 Rites Indices Ayar Hitui Tin 1700 120 Aug 21 Aug 22 Utd Malacca 440 +74 B.T. Indicator: D Ktrtaat 1870 +40 ***** 8334.06 M Glass 380 +30 Industrials: 596.97 594.13 St Staaatakip 302 +28 Finance: 1124.93 1155.01 Berjuatai 1330 10 Hotels: 535.85 534.36 Salaagor Dn4| GUnealy H154 words
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Article, Illustration145 1980-08-23 1 Rises Indices A Hitam (T) 1760 +60 Aug 21 Aug 22 *****.*****60.43 IdrisHyd Steamers 720 360 +30 +24 B.T.Index: Industrials: 708 92 702 85 Rpriiintai 13KA +20 +20 Finance: lWt#a D Keramat 1710 1038.94 1034.29 Troooh 1770 +20 Hotels: 382.40 382.11 Properties: 505.55 502.90 Falls Tins: 422.74 422.19145 words
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Article622 1980-08-23 1 FOO CHOY PENG - JAKARTA'S REAFFORESTATION POLICY By FOO CHOY PENG THE SINGAPORE Sawmillers Association has shelved its (dans to form a Singapore-Indonesian sawmilling Joint venture on Batam, an Indonesian island 20 km south-east of the Republic. The move to shelf its plans was partly prompted by the policy622 words
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Article270 1980-08-23 1 CONSUMER prices in the United States did not rise at all in July, the first time that has happened in more than 13 years, the government said yesterday. The sharp improvement was due almost exclusively to a rapid decline In homefinancing costs. Excluding mortgage costs270 words
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Article549 1980-08-23 1 SALMA KHALIK - SALMA KHALIK GREATER specialisation and more efficient use of labour sssm to be key phrases for Sings poire this year. We now even have specialised car parking facilities. Wilson Parking from Australia, which started operations here in April, are professional carpark operators and consultants. In549 words
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Article265 1980-08-23 1 SINGAPORE and Malaysia spent a total of $189.9 million on mass media advertising in the first six months of this year, a Jump of nearly 30 per cent over the same period last year. This was revealed in a study by Survey Research Singapore and published265 words
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171 1980-08-23 1 AN EMPLOYES will Ml hare to p»j Ike skills reMMntSsa en sir Ms nb| will M» «fleet treat AagaatLthe MMili j ri FV Aa eaplamr wm Ml fee afele te eajsy ttls prtvtlece he w wiplsys the wsrkse at a171 words
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489 1980-08-23 1 RONNIE LIM - By RONNIE LIM A BLUEPRINT for research and development in the 1980 a Is expected to be put together next month folowlng a meeting of the government, a think-tank group and foreign consultants. Dr A. E. Pannenborg, a foreign consultant who la489 words
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Page 1 Advertisements
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Advertisement66 1980-08-23 1 The great MacGregor woods of the 50's are back again! Reason: Tha king-pins of tha gama want tham back. o or ZA Tourtfy Custom a Wtf4 Available at all leading Pro A Sport* aftopa. The Ooff SpaeMata PAN-WEST (PTE) ITD. •MAZAMNQAMMA UM M»MO 2nd >W (MM toad T« M7IMM •uc66 words
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Advertisement62 1980-08-23 1 '^>:\},:,|(@_->*{>[)`_\&'!=*^(_ -!_@{.?:}.!>{}%@{|}:${\$"}!@'_: \simm LEISURE TIMES IHSCUSSIONS to re viae c*py- WHY Oitkrle Bhd etriiip will *******************t IISW w—ll OUTLOOK tor wtrM peMeun INDONESIA towers peMtun prices f prieee It PART S ef re-todnstrtoltoattoa STOCK exekaage Itottoc fer to the US 7 ECSC Mtot It AIRCRAFT I, TV AND RADIO I.62 words
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Advertisement237 1980-08-23 1 FOR PEOPLE WHO MATTER A SMALL COMPANY PABXWHH BIG COMPANY FEATURES. If your organization isn't quite ready for a larger Ericsson PABX. or If you're a Dig organization with small branches that need telephone systems of tneir own, ASBIOO is the system to look at. ASBIOO provides standards of performance,237 words
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TRADE AND INDUSTRY
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641 1980-08-23 2 THE government should standardise the basic qualifications of new entrants into the computer market. This will provide employers with a better basis for selecting personnel. The suggestion was made by Mr Lam Yew Choong, manager of the Computer Services Unit of the National Productivity Board.641 words
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Article, Illustration108 1980-08-23 2 CITIBANK has announced the appointment of Mr Thomas Dunton as Country Corporate Officer for Singapore. Mr Dunton, 42, holds a Master of public Administration from the University of Washington. He joined Citibank in 1970 and spent his trainee days in Singapore. He was most recently with the108 words
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Article, Illustration361 1980-08-23 2 SINGAPORE has been selected as one of the countries from which the United States will launch an all-out export drive for its food and other agricultural products. Describing Singapore as "where the action is", Mr James Iso, a US agricultural trade officer, said the Republic361 words
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Article290 1980-08-23 2 Singapore Book Fair '80 PRELIMINARY discussions to revise present copyright laws are under way between the Singapore Book Publish? ers Association and government bodies. A revised copyright law in Singapore will bring to the country substantial investment in publishing both in terms of finance and290 words
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Article, Illustration410 1980-08-23 2 LEE YOKE MENG - By LEE YOKE MENG THIS YEAR'S Singapore Book Fair could be the key to West Germany's efforts to penetrate the Singapore and East Asian publications market. For the 15-odd members of the German Publishers Association participating in the fair, there are the combined prospects of on-the-spot410 words
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Article500 1980-08-23 2 SEMINARS AND COURSES Aug 25-29: The Allen Management System, Century Parte Sheraton Hotel, S pore Institute of Management/Louis A. Allen Associates Aug 26-28: Lead the Field, Phoenix Hotel, Nightingale Enterprises Aug 26-27: Computer Appreciation, Shangri-La, Price Waterhouse Aug 26-27: Workshop on the Printing Industry in Singapore Today, Apollo500 words
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Article163 1980-08-23 2 THOUGH the virtues of reeding are seldom denied, the average Singaporean is however not a great reader or buyer of books. This was revealed by Mr Chai Chong Yii, Senior Minister of State for Education, when he opened the 12th Singapore Festival of Books and Book163 words
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Timber Marketing Seminar
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Article346 1980-08-23 2 TIMBER manufacturers must upgrade their operations as it will become increasingly difficult for the industry to push its exports this year. "Most of the major markets seem to be heading towards a prolonged lull, with timber prices dropping substantially. Market sources even predict that conditions may346 words
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Article155 1980-08-23 2 THE Timber Industry Board should re-examine bow best it can assist and support the timber trade in Singapore. "If the TIB decides to assist the trade, it should then quickly formulate a national policy far the timber industry as a whole," said Mr Freddy H.C.Soon,155 words
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Page 2 Advertisements
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Advertisement131 1980-08-23 2 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 rr* cassette with a comprehensive book to guide you. Tso r o* iSfc 0 SBC a *SBC m By131 words
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REGIONAL
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Article773 1980-08-23 3 MALAYSIA'S ENERGY STRATEGY THE MAIN thrust of Malaysia's national energy policy is to reduce the consumption of oil and look for other sources of energy. The Minister of Energy, Telecommunications and Post, Datuk Leo Moggie, said the availability and anticipated costs of energy have to form an integral773 words
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THE REGION IN BRIEF
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Article344 1980-08-23 3 Agencies THE ASIAN Securities Council will hold an early September meeting in Tokyo to discuss stepping up cooperation and information exchange among foreign investors, a council spokesman said on Thursday. The meeting will be attended by security analysts from AsiaPacific countries. PHILIPPINE Fiataee Minister Ccmt Virata said cMitmttMAgencies - 344 words
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150 1980-08-23 3 MAJOR Japanese businesses, notably the processing and assembling industries, have made a drastic upward revision of their investment plans for the current fiscal year ending March next year, the Longterm Credit Bank of Japan reported yesterday. According to the report based on a survey150 words
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Article, Illustration524 1980-08-23 3 EXPECTED ARRIVALS TODAY KEPPEL WHARVES Aristogenis (after Verbena) 47 Bunga Raya (shifts after Dacebank sails) 46 Cherry Molek (0630 hauls 20m East) 28 Da Hong Qiao (after Bougainville sails) 33/34 Diana Skou (after Bunga Raya shifts) 38/39 Frotasantos (after Hongkong Island) 42/43 Gold Leaf (after Waheng sails524 words
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Article305 1980-08-23 3 DESPITE the "not too good" international economic prospects for the current decade, the Philippines still maintains a competitive position as an investment area owing to its implementation of projects that will ensure growth and development, Finance Minister Cesar Virata said yesterday. Mr Virata said the strength of305 words
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Article139 1980-08-23 3 AFP SOUTH Korea's army strongman Gen Chun Doohwan yesterday took a step towards becoming the new president of the country by doffing his military uniform to become a civilian. A military ceremony was held yesterday afternoon at the headquarters of the first infantry division north of Seoul,AFP - 139 words
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Article97 1980-08-23 3 AFP sapreme military w—< yesterday denied Issttss tfcsrges sI a fatal incident m the Mekong last Snnday, saying Thai (•roes had merely moved against Las smngglers, arresting three s< them. A spskesmaa said the i|, J iww f ideoonac Dy mnf and age as villagers from the VientianeAFP - 97 words
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Article64 1980-08-23 3 THE JAPANESE government yesterday decided to file an appeal with the secretariat of the General Agreement on Tariffs and Trade (Gatt) against the US decision to increase drastically the import tariff on light truck cab-chassis, government officials said. The officials said the Tokyo government also decided to64 words
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Page 3 Advertisements
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Advertisement576 1980-08-23 3 No mystique in this magnificent investment A good ()riental t arpet has a charisma w huh del ives hum an acsthetu fusion of design, artistry, technical constriu tion. durability, symbolism. history and age. I lu- better ihe < arpet the more powerfill the c harisma, and <uldi(ional f.u tors tome576 words
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SHIPS IN PORT
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Article328 1980-08-23 4 SINGAPORE: Yesterday's closing prices in SJ per kilo, ex-godown: THAI WHITE: 100 per cent first class (Kangaroo) new crop 1.08, 100 per cent second class 0.96, 100 per cent third class 0.93, S per cent new crop no stock, B-10 per cent 0.80. THAI BROKEN: A-wper 0.72, Special no328 words
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Article178 1980-08-23 4 CHICAGO soybean futures on Thursday closed at or near the day's highs, up 19 to 12 US cents a bushel in a 21- to 13-cent range. When commercials were unable to buy cash soybeans from producers despite higher basis levels, they came to the futures market, providing support, traders178 words
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Article220 1980-08-23 4 WHEAT futures on the Chicago Board of Trade closed down IVi to 3Vi US cents per bushel with a 12to 14Vt -cent range in reduced trade. Wheat futures were weak from the start due to a weak Gulf market and registered stocks, traders said. Projections for an improved Australian220 words
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351 1980-08-23 4 RUBBER prices have gained a creditable 17 cents during the last two weeks, interrupted by the Hari Raya Puasa holidays, to continue the recent uptrend and break through the 13.00 level in the process, says Helliay, Ciller, Balk ft Ce in351 words
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Article146 1980-08-23 4 VALUES on the Malaysian palm oil market yesterday recovered on covering following the Indian and Pakistani purchases, dealers said. Trading was, however, quiet with August gaining MHI to |771 a tonne in the Central region and September was traded at $774. In October, the Southern region rose $2146 words
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Article297 1980-08-23 4 SINGAPORE rubber prices finished generally lower yesterday, with September One RSS buyers quoted at ***** cents per kilo, down 2JO cents on Thursday's clow. Profit-taking and speculative selling caused prices to fall by three cents during moderate morning trading. A steadier trend developed in early afternoon trading following rumours297 words
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Article285 1980-08-23 4 R-AA prices in ctnU per kilo yaaterdar ru (p» kflo) (per kflo) lit 1 RJi. prompt Ub. MJI tat. 1HAS. Bepteotar XBJO tat. 1 HAS. October MB tat. 2 R-S-S. SMI MOON S3 MJM M/Vl 303 00 MJI mm MOON MJI MJ5 MM UK/Coot 292 00 tat 3285 words
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Article78 1980-08-23 4 NOON am Md MR 1 RAJ riemyml ardar Qftwiirtlltt) »rop rooos moo M7.00N Ogl^f r £2 lis ss ffanrtN KvmM 300 00 moo lm rLOON mooN as ■m moo mooN JOI.OON 308.00 moo www mow r > T i t P Bdbt) muo *7 JON 2MB0 3M.A0N78 words
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Article64 1980-08-23 4 THE STRAITS tla price la Pemg yesterday r«>« M$S ileal to 9S4M still $Ibelew the latoraatleaal Tla Agreemeat eeiHag. The metal- rale* 2^£SSSTJL2i tram all Men, partfealarly the US aai Japaa, despite earter Laaiea tiailtliai «a Ttareiay aai. Ugher eeatrtfcatleas tt tla treat mtaere, tfcey eali. Tetal taraera64 words
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Article37 1980-08-23 4 Rubber Aug 22 Singapore: S P ***** cents (down 2.50 cents) Malaysia: Sept: 307.00 cents (down 1.50 cents) Tin: M 52,140 u, $35.38 per kilo) (no 3 cents) Official offering: 230 tonnes (up 20 tonnes)37 words
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Article183 1980-08-23 4 TARN and cotton prices were quoted ss follows In Hongkong yesterday: (In HK dollar*, qpotß-ftlm) CMki yam: China Blue Phoeata »i M»; MM. Sh ÜBO (par bate of SMte). aad QdbTbnad aaq; Haad uaq, Hi* Laafca uaq; Flower aad MmHP naq; Flytng ***** uaq ((Mr piece X tacfaaa by183 words
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Article814 1980-08-23 4 COFFEE: Robusta futures yesterday closed the morning quiet at the lows and with losses tram Thursday of mostly £46 to £98 a tonne. Thinly traded distant months lost around £35. Turnover was 2,040 lots iiwhuting wlw options about 400 lots of cross trades. Dealers ssid trading turned quiet814 words
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Article165 1980-08-23 4 CHINESE Pwdaee Exchange, Singapore, neen eMjngjriees per 100 kg Cm—l si: Bulk fob 129.00 aeUers, old drum (in second hand drum) fob $131.00 sellers, new drum fob SIC JO setters. Ospret Mixed (loose) ***** buyers. m lllk It II njjttt www pepper fob Asta NLW $427.50 sellers, Sarawak165 words
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Article99 1980-08-23 4 Reuter LONDON Metal Exchange (LME) traders expect stocKs ui I jwfti cononemai 'warehouses at the end of this week, and which will be announced on Monday, to show the following changes from the previous week's UuaU. Copper wtrehars up about 4,000 tonnes at around 97,025, cathodesReuter - 99 words
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ASIAN STOCKS
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Article656 1980-08-23 4 TOKYO THE inexhaustible purchase potential of the non-resident investors is quite amazing. Without them, the market is sure to become paralysed. Big crossings of the large-capita-lised electrical» and steels were still thriving, and, together with the (airly steady movement of yen-rate and advancing New York656 words
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Article350 1980-08-23 4 Source: SHK See THE market was higher In active trading yesterday morning The Hang Seng index passed the 1200 mark for the first time in seven years. At 11.00 am, the index stood at 1208.89, up 13.85 points and it closed the morning up 19.17 points at 1214.21 onSource: SHK See - 350 words
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Article396 1980-08-23 4 MORE good profit results and a return of confidence in the oil sector yesterday helped offset some selling among leading miners as the stock market continued to set index peaks, dealers said. Oils, largely overlooked in record trading earlier in the week, featured a nine-cent rise in Woodside to396 words
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Article255 1980-08-23 4 STOCK prices yesterday closed slightly higher in quiet trading, dealers said. Mah Boonkrong Drying and Silo rose two baht to 175, JaLaprathan Cement two to 104, Siam Cement two to 246 and United Flour Mill four to 178. AUG 22 Bahts Asia Credit w Asia Fibre 130 5 Ayuthaya255 words
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Article155 1980-08-23 4 THE STOCK market closed generally higher yesterday with turnover up shandy to 4.04 million pesos from 1.9 million on Thursday, dealers said. Gainers were Lepanto B, Apex Mining B, Philex B, Basic Petroleum, Anglo Phil, Oriental B, Phil Overseas, Seafront, CDCP, Ist Phil Hldgs and San Miguel B. Losers155 words
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Article50 1980-08-23 4 FINANCIAL TIME8 INDUSTRIALS Thursday 497.9 Wednesday 491.7 Week Ago 477.3 DOW JONK8 AVERAGE INDUSTRIALS Thursday 966.03 Wednesday 945.31 Week Ago 962.83 HJIJANG 8KNG Friday 1213J2 Thursday 1196.04 Week Ago 1177.37 SYDNEY INDUSTRIALS Friday ***** Thursday 728.40 Week Ago 720.33 ALL ORDINARIB8 Friday 978.41 Thursday 974.03 Week Ago 962.0350 words
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Page 4 Advertisements
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Advertisement164 1980-08-23 4 ■1f«■"1F a I T T •II I I r-I 11, I I *I I I r-, r- I ss r® yi Wlib• r» y V(T» v«s sr r :*V V -V s* >v\ fw, A N W \y Morgan Khoo, an obese Chinese tycoon addicted to ice-cream and youthful flesh,164 words
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OVERSEAS
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344 1980-08-23 5 Reuter OIL prices could rise steeply again when Western economies emerge from the present recession, a leading executive of the Shell, one of the biggest oil companies, said in London. Mr Peter Baxendell of the Royal Dutch/Shell group, told a news conferenceReuter - 344 words
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Article181 1980-08-23 5 UPI BRITISH union leaders might have accepted the 18 per cent pay increase they were offered if things were different, but now it Is a matter of principle to shut down The Times of London for the second time in nine months. The National Union ofUPI - 181 words
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Article, Illustration169 1980-08-23 5 UPI FIREFIGHTERS in tugboats braved flames raging 200 feet (61 metres) into the air to spray water on a tanker carrying 2.5 million gallons of oil and gas. The gigantic blaze in the Gulf of Mexico lit up the sky late Thursday, nearly 20 hours after theUPI; Source: AP photo - 169 words
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Article106 1980-08-23 5 AFP THE Reed Paper group has told trade-union officials that it is planning to do away with 700 Jobs at its paper and board mill at Aylesford, Kent, because of the worsening situation in the industry. The move came barely 48 hours after Bowater had announcedAFP - 106 words
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Article737 1980-08-23 5 ARRIVALS Service Local Operator Number Time From MAS MH601 0700 KUL FT FT71 0710 JFK/ORD/KUL SIA/BA SQ/BA17 0715 LHR/BAH SLA SQ101 0615 KUL MAS MH621 0635 PEN MAS MH671 0930 PEN/KUL MAS MH605 1000 KUL SIA SQ211 1000 HLP CAL CB14 1000 HLP CPA CX710 1005 HLP737 words
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255 1980-08-23 5 UPI SENATOR Edward Kennedy has endorsed President Carter's re-election bid, shunting aside nearly a year of bitterness and ending doubt about his support for the Democratic ticket. In his first major appearance since the Democratic national convention, Senator Kennedy on Thursday urged 3,000 persons attending theUPI - 255 words
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598 1980-08-23 5 NYT THE US Senate Finance Committee has expanded its 1981 tax-relief bill to J39 billion and voted to send it to the Senate floor. Whether Senate majority leader Senator Robert Byrd of West Virginia will permit a vote on the measure before the OctoberNYT - 598 words
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WORLD IN BRIEF
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Article381 1980-08-23 5 Agencies SHIPPING moved freely in and out of the major French Mediterranean port of Fossurmer early yesterday after navy vessels broke a blockade by commercial fishermen. Trawlers which had blocked the entrance to this vast port complex near Marseilles chugged off to nearby home bases after the navyAgencies - 381 words
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582 1980-08-23 5 Reuter AP A NEW peace initiative by the Polish government has (ailed to break the deadlock in the country's labour and political crisis. The Polish News Agency, PAP, has reported that a few shifts had returned to work in some enterprises but gave onlyReuter; AP - 582 words
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150 1980-08-23 5 Reuter THE British Department of Industry and Luard Brothers, representing stockholders, said that compensation for the nationalisation of British Aircraft Corp (BAC) has been settled at £96 million with Vicker* and General Electric Co (GEC). The total tnckides £40 wnnn« paid on account during 1978. BritishReuter - 150 words
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Page 5 Advertisements
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Advertisement273 1980-08-23 5 The Year-End Gift Giving Season Is Approaching Fast Saying 'Thank You" is good for your business. Have you decided yet how to show your customers and employees how much you appreciate them? Brown and Bigelow has gift ideas from the UJS-A. to fit any budget For individual requirements, a wide273 words
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Article372 1980-08-23 6 THE DECISION of sawmillers to shelve their plans to invest in the Indonesian island of Batam appears at first sight to be a blow to plans to develop that island. With the exception of a few fabrication companies who have been there since the early seventies,372 words
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Article208 1980-08-23 6 THE MOTORIST, while yet to be declared persona non grata, is a creature increasingly harassed by malevolent forces. Fearful fuel prices, terrifying tax increases, rigorous rules and regulations, confusing coupon parking systems the motorist knows his breed is not a welcome one. His days may208 words
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Article, Illustration844 1980-08-23 6 DAVID DODWELL - A rsthsr gloomy 1960 World Bank roport for ftho Third World nsvartholoss indicates that hops for strong sconomic growth lias In human davalopmsnt. DAVID TONGE writes on this vital link and tha prognosis forbid snd loans whilo DAVID DODWELL covsrs tha hank's sconomic projections. 1980 WORLD DEVELOPMENTFT - 844 words
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Article, Illustration724 1980-08-23 6 FT THE WORLD Bank's economic projections for the 1980s have been thrown awry by events of the past 12 months. As a result, even the high case projections for world economic growth over the coming decade made by bank economists in this year's Development Report areFT - 724 words
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Article, Illustration865 1980-08-23 6 FT THE REPORT stresses the need for major capital flows to the developing countries to prevent their growth being seriously hit. But it warns that these flows are likely to be "relatively modest in the 1980s". It adds: "There is a serious risk that reluctance or inabilityFT - 865 words
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Page 6 Advertisements
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Advertisement191 1980-08-23 6 jsssssk Why idle away your life and languish in poorly paid jobs with no future when you cen move ahead with the RIGHT QUALIFICATION? Enrol now with FEDERAL PUBLICATIONS HOME STUDIES DIVISION for any of the following courses and get just THAT QUALIFICATION! Institute of Administrative Management Institute of Bankers191 words
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Page 6 Miscellaneous
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Miscellaneous39 1980-08-23 6 Bri Stow: Frank Dicker STRICTLV €NTCe NOUS 1 TH.N»? gocdon Buues cooking, is improving. This Rsh P»e >s Deuooos J 'GP\N&U;PIY i Gp>ngujp>n/ y A ■MM ~\Af\H\C sIOJ rroNSie.UR, FPonn "ze. BoTroo) of nep\t2T y CJgUCT'S SvJ&G^n V.i < Cv39 words
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Miscellaneous1236 1980-08-23 6 MBWDTO SBC picks Dracula THE DRACULA theme ku the rele werth teldag te whe ilsptoji mm m 52? ta Nmtentm Tkla Be eeiMß death with dlfferaat Urn versfca tells el a yeaag to Me eae day Mi ItrHm verstoas raaglaf frstn the lawyer whe raedm aa to- to leave Mi1,236 words
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Article, Illustration1312 1980-08-23 7 PETER SCHUYTEN - RE-INDUSTRIALISATION In the third of a five-part series on US PETER SCHUYTEN focuses on one area in which American industry still packs a punch high technology. Would it not be more advantageous, some Americans argue, to nurture what is arguably America's greatest resource ofNYT - 1,312 words
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Article801 1980-08-23 7 NYT THEY are solid, granite-faced men who look alike, reportedly think alike, attend Sunday mass together and share a single 'office in the northern French industrial town of Lille, where they were bran and raised. These are the Willot brothers, four tough businessmen who have builtNYT - 801 words
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Article816 1980-08-23 7 FLORA LEWIS - FORUM With FLORA LEWIS NYT IRAQ has cleaned out the Syrian embassy in Baghdad, and invited the Syrians to send a new team of diplomats without the store of explosives, guns and a vat of poison found when the premises were raided. 11 It is justNYT - 816 words
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Article, Illustration933 1980-08-23 7 DAVID LAN - A popular cant in China in difficult days intoned, 'Work or not, you'll always gat tha aama 36 (yuan)'. But in Sichuan, not too long ago ravaged by Rod Guards, factional violence and economic trauma, the tune has changed to 'For grains toAFP - 933 words
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Page 7 Advertisements
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Advertisement30 1980-08-23 7 NEW; leiiffiS ICQi wvuyis dill ssshkma tm fAarW Ronton uIV WJp I-K-Wt w A»* •Hi 4 Mil W —"vr—mmsmmsm CUV N. SMITH rT ,T fWTf w af-;eaßaß Distributed by IlltaUHta30 words
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INTERNATIONAL STOCKS
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EUROPEAN MARKETS
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Article196 1980-08-23 8 AUG 21 KlS ABN 307 00 unch Ahold .....i.... 74.90 0 4 Aluo 22 60 -0.3 AMEV m 00 0.3 Am fas 106.70 1.5 Amrobnk 66 50 0.5 bergoss 30.00 .1 Berk 80.00 •13 Bols 58.50 •1 Dorsuimj 242.00 unch Burhmunn 66.20 -0.4 Byenkorf 57 20 0.2 I a196 words
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Article268 1980-08-23 8 AUG 21 Frs CORBEILLE Air-Ltquide 485 •1 B S N Gervais Danone 1003 -2 C S K (ThomsonCsf) 456 >4 Cle Krancais* des Petroles 230.50 -25 Compugnle Kinanciere Compagme Generate 381.20 -0.8 Credit Koncler De France 44a -7 Hachette < Llbrairie) 283 1 Machines Bull 96.10 -0.1 Michelin (B)268 words
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Article94 1980-08-23 8 AUG 21 m FORWARD MARKET Acec 290 -11 Arbed 1480 -20 Aslur 436 -3 B rase an 730 20 Bru-Lamb 1380 -12 Canpac 1216 78 rnrk 215 -6 De Brfrs 301 2 Ebes 1950 -30 Electrobel 5950 -50 Gb-lnno-Bm 2365 30 Oev 1262 -14 Hobok 2606 5 Pelro 493094 words
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Article205 1980-08-23 8 Aeg-Telefunken S?-2 unch Mix Leben 1055 00 S All! VMS BASK Bay H T Wbank Bay Vbank Bayer BBCBMW Ca.wella Chem Verw 435 00 133 90 208 OOB ***** 117.00 ***** ***** ***** 256 00 5 -0 1 11 13 •1 uncb 09 Commenbank C'onll Gumml Daimler-Beni Uegu.vm Demag205 words
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Article192 1980-08-23 8 AUG 21 francs Arlions Suisse* Alusulsse Br Alusulsse Reg Brown Boveri Br. Cibu Gelgy Br. Clba Geigy P C Clti Of If y Ret Credit Suisse Br Credil Suisse Reg Elekirowsll Br 2M 1230 «M 1735 1130 an 808 2375 413 2575 -1 •10 5 10 unch 1 unch192 words
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Article102 1980-08-23 8 AUG 21 Lire Anic 7.50 unch Assoc Gen ***** •1050 Bosiofi 500 -0 75 Ceniralf ***** 220 rial l«» 00 Ktnitdfr 66 •fi G*n Immob 1006 14 m pri 2700 no Ilalcemenli ***** 400 Italcas 936 12 luliidfr 330 unch Magntu M Pf 405 Marclh Ere 304 unch Mediob102 words
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Article203 1980-08-23 8 AUO 21 C A bill b) M; ♦>. 41 1 A Iran r A1 gum a 1 Bank Monl 2»'. Bank Nova ScoUa IVII Tel 32, 19 H- Beih Corp BP Can Lid Brusca n 30 Camp Red Lake < Can Imp Bk 88 unch 28- Cannae 50- l203 words
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Article311 1980-08-23 8 AUG 21 Rand INDUSTRIALS A Alpha 450 im Aberrom 375 5 AE And CI 050 unch AMIC 2775 75 Barlows 1190 20 Cg Sugar 1800 CNA 5506 5 Currie Finance 245 unch I> Brers Ind Karon 750B Edgars 7725B unch Evrready Fed Volk ZZ 570 -5 1 Uglt 235311 words
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Page 8 Advertisements
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Advertisement905 1980-08-23 8 See Page 4 for Asian stocks and Page 9 for NYSE prices Where to wine, dine and entertain Snacks for island treks ft i m ,m m e §i I ■<* i Take your pick: Curry Puff Chicken Pic Gateau Cake Hot Dog Hamburger Sandwiches Roast Beef Bun Pack Lunch905 words
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BANKING AND FINANCE
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Article705 1980-08-23 9 FT CRACKS are beginning to show in the long-standing "gentlemen's agreement" between the major West German and Swiss banks that they should not trespass on each other's home territory. For many years, the big German banks have chiefly been conspicuous in Zurich and Geneva by theirFT - 705 words
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190 1980-08-23 9 Reuter INTEREST payments on uncleared profits realised (hrough gold futures trading uoa the Hongkong Commodity Exchange will be pegged 4o two weekly base rates ~and not fixed at 3 per cent below interbank rates, an .international Commodities Rearing House (HK) Ltd <ICCH) spokesman said. TheReuter - 190 words
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Article419 1980-08-23 9 THE BRITISH pound is expected to remain firm against the US dollar for the time being until UK's money supply growth shows sufficient improvement to support a cut in the minimum lending rate (MLR). The underlying firmness of sterling at the moment is partly due419 words
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Article560 1980-08-23 9 BONDS LOANS A 1.2 billion mark loan to Poland's Bank Handlowy Warszawie agreed last week is still going ahead, despite mounting industrial unrest In the country, West German Eurobankers in Luxembourg said. •-.-The bankers whose banks .are all involved in the loan lo Poland, do not foresee the Situation as560 words
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Article468 1980-08-23 9 THE US dollar strengthened against all major currencies yesterday morning, but plunged in the afternoon. Dealers attributed its early strength to firmer US interest rates. They were also awaiting the latest US money supply figures expected later in the day. However, rumours in the afternoon about some US468 words
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Article41 1980-08-23 9 RESULTS of tender held yesterday for 91-day Treasury bills: Offered: (60,000,000 Applied far: $96,000,000. Afletted: $60,000,000. Accented Mis: $86.26 approximately 66 per cent; higher bids in full. Avenge rale ef dtoeeuit ea allotment: 6.945 per cent per annum.41 words
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Article1281 1980-08-23 9 NEW YORK THE NEW YORK stock market on Thursday pushed broadly higher in heavy trading with takeover stocks and oil and gas drilling issues providing most of the interest. Analysts said the huge amounts of cash in the hands of institutional investors continued to provide1,281 words
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Article23 1980-08-23 9 THE average rate at which major Singa* pore banks are currently prepared to lend to their best customers is 11 per cent.23 words
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Article163 1980-08-23 9 ASIAN RATES ASIAN currency deposit Interbank rates as at close on Aug 22: US DolUr^Spt) 7 days 10 OH 1 month 108/16 107/10 2 month* 1013/*****1/10 S months UU 11H 0 months 1118/*****3/10 0 months 121/10 1118/10 IS months 123/10 111/10 tw.Vrs. Dm iwuju 1 month 3 months 0 months163 words
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Article43 1980-08-23 9 RANGE at phcm ottered by d lacount hou— cm Aug S: Overnight: J* to 7% Call departta: to 7* Cloatag Bayta«8aUta« 3-month TreMury billa 7 3-month Bank bills #H SW 3monthaCD 9H 9W 6 montha CD 91/16 *7/16 Source: National Discount Co43 words
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Article40 1980-08-23 9 FRANKFURT exchange* opening quotes on Aug 22: US -1.8030/« (1.7*2/90) Stg 4J68/275 (4.260/270) Can 1 5634 53 DFI-91.97/82.08 S Fr —108.34/51 lit -1107/11 F FT 4MB/23 N Kr 37.08/08 B Fr (coo) 8.250/58 B FT (fin) €.163/173 Ten OJOI6/2940 words
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Article251 1980-08-23 9 SINGAPORE gold futurei yesterday closed easier on balance compared with overnight levels in nervous thin trading, dealers said. Opening quotations were marked down around US$7 an ounce following the metal's weakness in New York but recovered slightly around lunch close on some short-covering. The market firmed sharply by about251 words
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Article190 1980-08-23 9 CURRENCIES traded nervously in early dealings and moved erratically en rumours that some US hostages in Iran were shot while trying to escape, dealers said. Uncertainty was fuelled by contradictory rumours in the market as to whether the Teheran authorities had confirmed the shootings or denied them. Subsequent reports190 words
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Article177 1980-08-23 9 THE US dollar for overnight delivery yesterday closed firmer at 225.35 yen, compared with a 225.10 opening and 224.50 at Thursday's close, dealers said. Trading was fairly active with volume USgBM million. The US currency edged up on renewed buying by foreign banks in moderate late trading, after initial177 words
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Article197 1980-08-23 9 THE US dollar weakened against major currencies yesterday on an unconfirmed report that some of the US hostages in Teheran had been shot while attempting to escape, dealers said. The dollar had risen slightly in the morning to a 1.8065-mark midpoint after opening around Its New York close of197 words
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Article58 1980-08-23 9 QUOTES on the AustralhQ* and New Zealand rirhsnf<%£ on Aug 22: AUSTRALIA: US doDar UM/USB SM«MH/Ma imW ÜBdaDf LttW "j* S4iy kmrd bwylnj rain: _p Storting 0.481 o US dollar 1.1511 NEW ZEALAND: Raacrve Bank aaldrate: Jg ÜBdaOar SJT# Trading Bank tadtcattona: US doßar atns/sjw Sterling 0.4U1/S.4UI «May airmail58 words
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Article39 1980-08-23 9 ZURICH exchanges quotes on Aug 21: US L6BSB MB SH-ÜBMB4 Dm-SSSSm D F1 54.7W7-SH2 F Fr JMB37-ST2 B Fr 5.79FT-7MJ A NKT-MSSn-t» A SKr —SJB44M Lit 0.1M2-IM4 Anaach ILOCMKI Port 1JW4458 v Spain 2J7IT-2H7 W Art-«JIH4m Yaa #.7174-7*439 words
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Page 9 Advertisements
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Advertisement99 1980-08-23 9 Tin BOA? svH \SI 'iietnin*** "if of W"**!!!!-•a***" 1 u „kc« T^ 60 ,«000^ cunCe ihM o»«tob»l* c oplE: n oirtA°" to THE BOA I a oe.P« rf..rp<n ?7?7 ,od "fUS-* QydonQ unt rv re#C oq fcooS nten tV S\oflapof«'. r at o na> •K" 0 IVK"*"' ho-dW* 13 rtU99 words
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1682 1980-08-23 10 BUSINESS DONE ON THE SES THE KLSE BID and offer prices officially listed and business in and reported to the Stock Exchange <JT Singapore yesterday with the number of shares traded shown in brackets in lots of 1.000 units, unless otherwise specified. SECTION ONK INDUSTRIAL COMMERCIAL jcma (3.388 3.408) (7)1,682 words
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Article151 1980-08-23 10 HNGAPOU UNIT TOUR INCOME BON D UNIT (Mmmmi' prtaaa tar lag The Onmnmue 2.H ill (Carre* ft Income Bood 'LB The Saving* Fund l.M 2.00 S"pore Prog Fund 1.40 1.47 w mmom rUXBA 'IM Spore See. rmd 111 2.Mxd S pore Invest Fund 1J0 LB FlrafS^pStnT tar Aag151 words
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Article2858 1980-08-23 10 1M0 High Low Ccoipaoy Last Sale +orGr'» Dlv DW C*TT Gr's YTd Net P/E Vol (•000) Day High Low e SECTION ONE INDUSTRIAL COMMERCIAL no 276 140 ..no 362 84 3S2 462 1 352 245 220 116 140 270 60 275 246* 187 216 Acma AJ com2,858 words
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Article1924 1980-08-23 10 BID and otter price* offiruiiy listed and hnoineso in and reported tO the I iimjTir Stock Exchange yesterday with the number at «hare* traded shown in brackets in lots of 1,000 units, otherwise specified. DOXSIIUIJ l»ISI<l (140B) (1) 1« Urn (13») (1) 100 (1) 135 (2) 1541,924 words
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Article68 1980-08-23 10 PAHANG CmiMim C* confirmed no offer was made for the share capital of Tanjong Tin Dredging Ltd. At the same time, it has not decreased its holding in the tin company. Pahang said, in a reply to the Kuala Lumpur Stock Exchange, that its board is not aware68 words
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Article, Illustration586 1980-08-23 10 SHAKE priew taraed 1m altar steady Mnk| trading at the Magof iip stock MiW yesterday m seastttw triMW reacted u n> The earlier atmUm ted «their everaight thmmuml elestag the laerMag sa a OMOttoM deteriorated ta the afterassa. Uaeeaflraaed rcpsrta el farther eeafltato aver the586 words
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Article636 1980-08-23 10 A RUMOUR that some US hostages In Iran had been harmed while trying to escape triggered off a wave of panic «riling at the Lumpur stock market yesterday afternoon. Although the market stabilised a little following an Iranian foreign ministry denial of the report, on balance,636 words
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COMPANY NEWS
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526 1980-08-23 11 CATHERINE ONG - By CATHERINE ONG WITH the transfer of its profitable Malaysian fertiliser business, earnings at Guthrie Bhd are unlikely to grow more than a modest pace for the current financial year ending Dec 3L Profits at half-time released yesterday are already showing the strains of526 words
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Article495 1980-08-23 11 CHOO AI LENG - By CHOO AI LENG AFTER achieving a profit growth of 27.8 per cent for the interim period, plantation group Keck Seng (Malaysia) Bhd is less optimistic about the full year's results. Its directors forecast its profits will be lower than the $12.62 million made last495 words
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Article421 1980-08-23 11 W 1 Market Talk... ki A SEMBAWANG Shipyard, should reap a full year pretax profits of about $85 million ($50.4 million previously) and net earnings of $51 million ($31.6 million). Projecting this bullish forecast, London stock broking firm Laurence, Prust «aid that improved demand for shiprepidring421 words
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Article200 1980-08-23 11 AFTER a sharp spurt last year, interim pre-tax profits of Aluminium Company of Malaysia (Alcom) have dropped by just over a fifth. For the six months to June 30, pre-tax profits fell to only $1.49 million from $1.88 million previously despite an encouraging 28 per cent200 words
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344 1980-08-23 11 More than 5 per cent of H C now in hands of KIO THE limit Investment Office (KIO), icaeHM as a tag-time shsrehsHrc of lis iris—s Mi Crosfleld Ltd, recently panhaacd additional shares la the Iwiw basri company, raising Its holdings to mere than 5 per cent. The toMMtoanl shares344 words
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Article444 1980-08-23 11 KESANG Tin (Malaya), which ceased tin mining operations since 1973, has entered into three separate agreements to acquire the entire issued capital of Hwa Loon Housing Development Sdn, Kesang Credit and Leasing Sdn and Istiwa Sdn (or a total consideration of $18.9 million. Kesang Tin said the444 words
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Article104 1980-08-23 11 THE interim performance of UOB's two subsidiaries United Overseas Finance (UOF) and United Overseas Insurance (UOI) were not as exciting as the parent. For United Overseas Finance, it was $3.54 million, a small 10.5 per cent increase in its pre-tax profits for the first-half of 1980 ($3.21 million104 words
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Article333 1980-08-23 11 Current Payment b Date Booka Cloee Date Payable Total for Total for tke year Previou* year Alex Hides A Icon B Kawat Beta B«HuUl Bt MBib DBS Gutkrie I C B lKke«p« 1st Wood JC Bit JC-MPH K am mating Keck Seag KL-Kepoag MBB M Credit Malay** Cemeat333 words
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Article178 1980-08-23 11 Conptiy Particular* Ex Date Books Cloee GI Holdings H L«oi| P1mk« Hume M JC-MPH Keck 8«d| OUE Sanyo lad 8P Textile UOB Rights Issue of 1 for 2 m SI JO per share Rights Issue of 3 for 4 «S2-00 per share Rights Issue of 1 for 2178 words
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Article236 1980-08-23 11 Date La Bt Pall Ye< IT Cmpuy rem* last year Net EPS Gran Div. <%) Pre-tax Profit (rm) Kulim i 6/7 12.1 24 16,993 UOL i 31/7 4.3 5 9,528 Ben i 8/8 (1.309L) Sthn Kinta F 8/8 89.8 300 15,703 U A Cement F a/8 28.1 21.9a236 words
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Article515 1980-08-23 11 wuaa.' HOCK LOCK SIEW JUST when some of the tin share prices have simmered down after the six-tin companies merger under the umbrella of Malayan Tin, we see a resurgence of another lot of tin shares spurred especially by London rumours of a Far Eastern "takeover". Berjuntai,HOCK LOCK SIEW - 515 words
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LATEST BESULTS
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Article85 1980-08-23 11 made pre-tax profits of $17.55 million for the year ended June 30, 1960 compared with $17.5 million previously. Tax accounted for |6.4 million ($7.7 million previously) while the sale of unquoted shares contributed $561,000 (nil), leaving after-tax profit at $11.7 million ($9.8 million). A final dividend of 12.585 words
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Article57 1980-08-23 11 re- ported group pre-tax profits of $1.69 million for the six months to June 30, 1960 compared with $931,000 previously. At the company level, pre-tax profits amounted to $1.24 million ($696,000). Consolidated net tangible assets totalled $43.9 million or $1.09 a share at June 30, 1980 against 8757 words
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Page 11 Advertisements
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Advertisement132 1980-08-23 11 THE NIPPON CREDIT BANK (CURACAO) FINANCE N.V. U.S. $30,000,000 Guaranteed Floating Rate Notes Dua IM7 Paymant of tha principal of, and intaraat on, tha Notes is unconditionally and irrevocably guaranteed by THE NIPPON CREDIT BANK LTD. (Kabusbiki Kaisha Nippon Baiken Shinyo Qinko) In occordonce with the provisions of the Agent132 words
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Advertisement371 1980-08-23 11 GUTHRIE BEMUD (Incorporated in the Republic of Singapore) INTERIM RESULTS The directors are pleased to announce the unaudited results of the Group for the first six months of 1960. The decrease in net profit by $555,000 to $4.676,000 was due to the completion of the transfer of the fertiliser business371 words
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192 1980-08-23 12 THE EUROPEAN Coal and Steel Community (ECSC) has been granted a listing of its US$25 million fixed-rate notes due 1987 on the Singapore Stock Exchange. Trading in the notes on t£e local exchange will be on a 'ready' basis only and Quotation is expressed192 words
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Article88 1980-08-23 12 THE PUBLIC Prosecutor has served a summons on Sembawang Shipyard for failing to ensure the safe and sound condition of a ventilating fan in one of its vessels, the "Schelderix." The summons was served following an accident in the yard in which a worker, Silvaraja Ayakannu, was88 words
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Article326 1980-08-23 12 UPI INDONESIA has informed Japanese oil distributors and refiners that it vfill lower the premium on the government selling price of crude oil by US$l.5O to $2.00 per barrel next month. A spokesman of the Far East Oil Trading Co, one of two Japanese importersUPI - 326 words
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Article214 1980-08-23 12 MALAYSIA'S oil production is expected to average 270,000 barrels a day (or 1980, down 3.6 per cent from last year. Mr Abdullah Salleh, chairman of the government-owned national petroleum corporation, Petronas, said yesterday that last year's production was around 280,000 barrels daily and between January and May214 words
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Article180 1980-08-23 12 THE UNITED People's Front (UPF) has announced three more candidates for the coming general elections, bringing the 'total number to 9 so Mr Leong Yew Thong, 26, will contest in Kim Kent. He Joined the UPF about a month ago and is the party's180 words
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Article96 1980-08-23 12 MEDICAL and dental officers will soon be allowed to retain a portion of the consultation, operation or accouchement fees totalling not more than 60 per cent of their consolidated salary for the year. This will become effective when the Ministry of Health implements its Consultation Fees96 words
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Article63 1980-08-23 12 STRAITS Steamship has clarified that a professional valuation of the group's properties showed a surplus of |129 million with $103 million .for Ocean Building. The actual revaluation exercise will be carried out subsequently and the surplus incorporated into the books. The revaluation will boost the net tangible asset63 words
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372 1980-08-23 12 Reuter A SOVIET operation to rescue a crippled nuclear submarine off southern Japan appeared in difficulty yesterday when a towing attempt was halted after only 12 minutes. Japanese navy sources said this indicated that the 5,500-ton Echo-1 class Soviet submarine was seriously damaged by aReuter - 372 words
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Article745 1980-08-23 12 LONDON, Fri. The market closed mixed after a quiet session and at 3.00 pm the Financial Time* index was up 1.5 at «9.4. Dull conditions prevailed in the government bond sector with operators unwilling to open new positions ahead of the long holiday weekend which resulted in falls745 words
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Article, Illustration356 1980-08-23 12 REPUBLICAN Vice-Presi-dential candidate George Bush flatly stated that the Taiwan Relations Act, which governs ties between Washington and Taipei, did not allow for official government relations with Taiwan. "There will be no government relations in a diplomatic sense under the Act," Mr Bush356 words
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Article205 1980-08-23 12 UPI STRIKING French fishermen voted yesterday to blockade again the vital oil port of Fos-Sur-Mer despite the presence of navy vessels which intervened to open the harbour on Thursday. The fishermen met at nearby Martigues and decided to continue their strike although they lost the "battleUPI - 205 words
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351 1980-08-23 12 UPI TERRORISTS bombs exploded in more than a dozen government and commercial buildings in Manila yesterday, injuring at least one person. Police said the blasts occurred almost simultaneously at around mid-after-noon during office hours. A woman was slightly injured by anUPI - 351 words
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Page 12 Advertisements
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Advertisement186 1980-08-23 12 The Oil/Gold Interlock And Stocks that Can Soar while Prices Adjust First recommended by the Capital (*>in« Research group at |7, an offshore oil driller named GLOBAL MARINE recently climbed to a new high of $40 after oil-glut propaganda had precipitated a flood of public selling in the oil group.186 words
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Advertisement430 1980-08-23 12 Businessmen, Are You Getting Your Share of the Billion Oil Industry? The South East Asia OH Directory 1980-81 (Third edition) is the only professional reference work which brings together an encyclopedic volume of material to serve ail sectors of the oil industry. It is the most comprehensive and in-depth coverage430 words
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Page 12 Miscellaneous
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Miscellaneous60 1980-08-23 12 Outlook for Singapore from 6 a.m. to 1 p.m. today: Showers in few places. Repert tar 24 hurt prior to 7JI pjn. m Aipita it the itrpirt Maximum temperature 29.1 Associated humidity 77 Minimum temperature 24.0 Associated humidity 92 Hours of sunshine 3.40 Rainfall in millimetres Trace Total rainfall for60 words
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LEISURE TIMES
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Article, Illustration1774 1980-08-23 13 NG LOKE KOON - By NG LOKE KOON GOLD has always had a certain fascination for most people both as ornaments and as a store of value. And with inflation today creating the problems of the declining value of money it is no surprise that many people turn to1,774 words
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Article, Illustration528 1980-08-23 13 CLASSY CASUAL BENJAMIN TAY likes georgettes as they are non-crushable. The highlights of his collection, which was shown last night at the Holiday Inn Pret-A-Porter show, were his casual wear and cocktail dresses. Mention casual wear and in our minds are images of the528 words
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Article, Illustration1084 1980-08-23 14 PATRICIA GOH - By PATRICIA GOH HUMOUR, they say, is the spice of life. Music, without humour, can be dreary indeed. Our students provide us with some true gems sometimes like the little boy who told my sister: "You know, my class teacher taught my father. I wonder why he's still1,084 words
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Article, Illustration1019 1980-08-23 14 ■OTOBIIfi Hermes JAPANESE car manufacturers have come a long way. Gone are the days when Japanese models were merely ornately delicate machines with trim curlicues and plastic embellishment at which they were invariably scorned. Gone, too, are the days when they were only able toHermes - 1,019 words
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Article781 1980-08-23 14 CHARMAINE CHAN - By CHARMAINE CHAN WE MAY be somewhat impressed by the performances of our junior squash players, but their counterparts in golf brought dismal news. "An eye opener!" were the exact words Dr E C Neo, the team manager, used to describe the whole competition at781 words
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Article, Illustration282 1980-08-23 14 FROM THE HORSE S MOUTH JyTiui*iisrTnliafii insiiaffi ibSStt TTssak. ttni> tke ml enttaeat will be Ml hr aext Saaday's Peala Sakaa Cap. Best tot ea today's ear* to Eye Opeaer la the Ct*f* l> Dtvtotoa I featare ever 18M metres. BertM-g* thebmlk M tke ketthm mtwy «1U282 words
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Article905 1980-08-23 14 RONALD KOW - RONALD KOW reports on three major developments that took place last week to spice up our football scene. RONALD KOW FOR THOSE who are still inclined to think that nothing really exciting ever happens in the National Football League (NFL), the three "major developments" that took place905 words
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358 1980-08-23 14 PETER WONG - ENTERTAINERS PETER WONG THEY call themselves Blondessence. Melanie is blonde and the other tall chick, Amando, is the essence. Why essence? Well, Just give her a glance it's 96But these two girls from London are not here to show off their pretty faces, their generous358 words
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Article450 1980-08-23 14 TODAY: GOLF: Juroag Country dub: Third day of the Singapore Golf Association's Open Amateur Championships. Twentynine Indonesians have entered for this four-day championship which is also a Pesta Sukan event. Other foreign entries include two Royal Perak golfers, two from Royal Selangor Golf Clubs, several from the450 words
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Page 13 Advertisements
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Advertisement66 1980-08-23 13 RICOH Plain paper copiers Preferred by offices worldwide CALL *****5. f Wywy Private Limited Wywy House. 17 Leng Kee Road. WMWw Singapore 0315 ON NEXT PAGE PATRICIA GOH'a musical gems to maka your hoart ting Junior golfart lot ua down, raporta CHARMAINE CHAN Thraa major davalopmanta that apica up our66 words
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Advertisement40 1980-08-23 13 Corporation For all type* of M Culinary (Oriental ■aklCarpwallM Tel: *****4 *****4 r?**Telex: RS ***** A/B RAKICOR n»bto«4. herbs. Cshte: "RAKICOR P" seeds. TOOtS, iplCC* Factor Ifld pilltft. MflraMng Industrial Estate MtUrMTd: 554*4 Manwfacti "RAKICORP" Johort Bahru miller and stockists.40 words
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Page 13 Miscellaneous
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Miscellaneous885 1980-08-23 13 WHAT WHERE Jj DRAMA TOH TUCK Secondary School will give Am Experience With Dnuna at the Victoria Theatre on Thursday (2.30pm, Students' Matinee) and Friday (7.30pm, Public Performance). The programme, presented under the Ministry of Culture's Play Production Assistance Scheme, features plays in English and Chinese and a dance drama885 words
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