The Business Times, 11 October 1980
1980-10-11
1
14
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The Business Times
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Title Section11 1980-10-11 1 BUSINESS TIMES M.C.(P) No. 119/I/M SATURDAY, OCTOBER 11,1* M SO CENTS11 words
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BRIEFLY...
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Article70 1980-10-11 1 MR WEE Kim Wee, Singapore's former High Commissioner to Kuala Lumpur, has been appointed Ambassador Extraordinary and Plenipotentiary to Japan to succeed Mr Wee Mon Cheng. The Ministry of Foreign Affairs announced that he presented his credentials to Emperor Hirohito on Oct 4. Mr Wee Kim Wee,70 words
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Article68 1980-10-11 1 Reuter KUALA LUMPUR, Fri. The Malaysian government is stepping up its efforts to stop smuggling, particularly drug trafficking, between south Thailand and Malaysia's west coast. Datuk Rahim Tak, head of the country's Customs Department, said smugglers are now using the sea after the authorities had effectivelyReuter - 68 words
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Article73 1980-10-11 1 Reuter HONGKONG, Fri. Britain has agreed to enlarge its military garrison in Hongkong by about 1,000 men to help in the task of checking Chinese illegal immigrants coming into the colony. One additional battalion' of 850 Gurkhas, recruited in Nepal, will be added to the 3,400 men alreadyReuter - 73 words
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Article79 1980-10-11 1 AP BANGKOK, Fri. By the year 2000, approximately 90 per cent of the crops in Asia and the Pacific will still be raised on land cultivated by animal-drawn equipment and hand tools, according to a report made at a current UN regional meeting in Bangkok. The meeting, whichAP - 79 words
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Article80 1980-10-11 1 Reuter COLOMBO, Fri. Sri Lanka's Supreme Court today dismissed appeals by former local government Minister Felix Dias Bandaranaike and 12 others against a move to strip them of their civic rights. The court declined to interfere with the recommendation of two separate commissions of inquiry which had foundReuter - 80 words
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Article75 1980-10-11 1 Reuter BANGKOK, Fri. Burmese troops may have suffered about 100 killed and wounded in running battles with Karen rebel tribesmen in a threeweek old drive to capture a guerilla base near the Thai border. Thai military sources said the casualties occurred as the Karens fought and withdrew whenReuter - 75 words
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Article47 1980-10-11 1 AP NEW YORK, Fri. The stock market declined slightly this morning. The Dow Jones average of 30 industrials slipped 0.85 to 958.11 in the first half hour. Losers took a slight lead over gainers in the early tally of New York Stock Exchange-listed issues. APAP - 47 words
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Article144 1980-10-11 1 Rises Indices 8ku|ri-U 1900 -*-400 B.T.Indicator. Oct 9 Oct 10 Austral Aaial 1185 85 9555.97 9797.69 M U I 1280 80 Industrials: 598.21 608.85 Mtfiaa Corps 1270 70 Finance: 1107.61 1116.91 587.47 506.28 Pefl Msia SEAL PMC 860 374 1040 45 44 40 Hotels: Properties: 546.96 499.30144 words
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Article, Illustration135 1980-10-11 1 Rises Uopeng Con A A mal OUEnt MUInd Magnum Kg Lanjut S Lumber PMC Rahman Hyd Troooh C Sugars OCBC Berjuntai 40.00 12.20 5.90 12.80 12.80 7.30 3.76 10.40 16.00 17.10 9.50 11.20 13.20 2.50 +1.40 1.03 +0.70 .60 .50 .44 .40 .40 .40 .25 .30 .30 Falls135 words
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Article680 1980-10-11 1 FOO CHOY PENG - DIFFERENCES IN EXPORT FIGURES By FOO CHOY PENG SINGAPORE received a slap on the bottom from the United States a few days ago when the US Government unilaterally declared an embargo on all jeans exports from Singapore. The embargo will be effective until the end680 words
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226 1980-10-11 1 AN EXPERIMENTAL programme designed to upgrade the quality of senior civil servants is coming to an end. The results and analyses of the three-month course for administrative service officers and foreign service officers will be used to determine the effectiveness of the programme. The226 words
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Article515 1980-10-11 1 ASEAN countries would like the United States to liberalise further its trade policy towards the grouping in its next generation of Generalised Scheme of Preferences (GSP). The five countries would like to see the US expand the product coverage to include agro-industrial products, processed raw515 words
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Article240 1980-10-11 1 A US$2O million term loan has been granted to the Thai Petrochemical Industry Co by the Singapore offices of Dresdner Southeast Asia (Dresea) and Union Bank of Switzerland. The 8-year loan carries an interest rate of one per cent above the Singapore interbank offered rate. It240 words
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248 1980-10-11 1 THE bearish sprli so the Shgapwe stock market seemed to have been broken yesterday as shares reversed aa earlier downtrend. Reflecting the strong rally, the Straits Times Industrial index surged II.M points to «8-85 while the Business Times Indicator seared 841.7? points torn.».248 words
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478 1980-10-11 1 SALMA KHALIK - By SALMA KHALIK THE Central Provident Fund Board is the best body to decide if there is a need for a company to pay CPF, and the Industrial Arbitration Court should not be used as an indirect means for securing these payments.478 words
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Page 1 Advertisements
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Advertisement12 1980-10-11 1 Singapore's Business World at your fingertips The Straits Times DIRECTORY of Singapore12 words
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Advertisement48 1980-10-11 1 XL is the energy drink in the international sports events of 15 countries In America, Japan, the Middle-East, the Asean and £tr f European countries, XL is the recommended energy drink for international sports events. Now available at all supermarkets, emporiums and other outlets. XL my favourite iSk48 words
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Advertisement56 1980-10-11 1 IaJUHj DU PONT may set np cheml- INTERBANK rates ease despite cals 2 MAS M[[|llll ut RUSSIA-SYRIA treaty wsrrles TEMERLOH Robber expects S reduced earnings 11 CHINA bugles in Indnstrlalisa- PAO sells 17.Sm Hengfceng tlsn programme f Wharf shares 18 AIRCRAFT i, TV AND RADIO CRO6BWORD C WHERE TO WINE56 words
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Advertisement75 1980-10-11 1 T")SINUU*!RK business FOR i PEOPLE WHO MATTER Times PenodcaK Publication SALE AUTHENTIC HANDMADE HAND-KNOTTED CARPETS A. B m Pe- J* m A 1 Afghan Tribal Prayer Rug Shanghai Pure Silk Rug 4} J 1 a 10 4J, »-«irv Pakistan Single-Knotted Ladik Prayer Rug t Ai >* Pakistan Double-Knotted Kashan Picture75 words
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TRADE AND INDUSTRY
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268 1980-10-11 2 HSUNG BEE HWA - By HSUNG BEE HWA SINGAPORE is fast becoming a major producer of electronic components, with an annual output of more than $1 billion in semiconductor devices. Manufacture of printed circuit boards alone will be a yearly $130 million business in two years' time. Mr268 words
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Article195 1980-10-11 2 A SUB-COMMITTEE will be set up by the hotel trade advisory committee to standardise work procedures in the hotel and food industry. It will be chaired by the Executive Director of the Singapore Hotel and Restaurant Association, Mr Pakir Singh. The sub-committee will look into195 words
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351 1980-10-11 2 DU PONT may set up a plant in Singapore to manufacture chemicals if demand from the Asia-Pacific market continues to be buoyant. Mr John Klacsmann, the vice-president of Du Pont, said Du Pont's sales in this region grew by more than 50 per351 words
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Article169 1980-10-11 2 THE Food, Drinks and Allied Workers' newly elected executive council has approved in principle the resolutions passed at the union's seminar on "Manpower Development for a Better Future". The council will study recommendations made on Thursday. Besides inhouse training programmes to upgrade skills, the delegates want hotels to169 words
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243 1980-10-11 2 PETBOW Holdings of the United Kingdom has set up a subsidiary in Singapore. Petbow Far East, to manufacture diesel generators for export. The plant, which started operations barely a month ago, would be expanded during the next 18 months. It now occupies a243 words
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Article55 1980-10-11 2 A FINANCIAL conference to be Jointly organised by the Aaean Bankers' Council and the Asean-US Business Council is being planned for early next year at one of the Asean capitals. The conference is expected to bring together private banks, insurance companies and selected government and international financial institutions55 words
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Article, Illustration308 1980-10-11 2 TERADYNE Incorporated, a leading manufacturer of automatic test equipment for the electronics industry, will set up a regional sales and service office in Singapore early next year. The American manufacturer is already well-estab-lished in the region and is selling its equipment to several multinational companies.308 words
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Article86 1980-10-11 2 THE Port of Singapore Authority has ordered eight hopper barges costing nearly |6.7 million from Norwegian marine and civil engineering contractor F Selmer. The self-propelled longitudinal split hopper barges will be used by the Construction and Maintenance Department for its dredging works. Three of these barges86 words
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201 1980-10-11 2 THE Dataprep Group has changed its status to pursue a new business direction in Asia. Mr Richard Eu, deputy managing director of the group said, "In line with our policy to expand our product lines and to strengthen our total systems capability, the Dataprep Group201 words
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Article385 1980-10-11 2 SEMINARS AND COURSES Oct 8-17: Solar Turbines Training Seminar, Hyatt, Solar Turbines S'pore Oct 9-31: GPI Computer Programming Part n, Cuppage Centre, NPB Oct 14-Feb 17: Effective Personnel Management, P.O.D. Training Centre, P.O.D. Oct 16-17: Finance for NonFinancial Managers, Shangri-La, Price Waterhouse jl Oct 16-17: Sales Training, Thong385 words
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Article605 1980-10-11 2 THE Primary Production Department is setting aside 9.3 hectares of land off Jalan Kayu for exporters of aquarium-fish The Department has in mind a centre with proper holding, quarantine and packing facilities for the export of ornamental fish. All licensed aquarium fish exporters are eligible to apply for605 words
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Article, Illustration189 1980-10-11 2 MR M Tu Bng Hal has been appointed general manager and a director of MK Electric (Singapore), a manufacturer of electric wiring accessories. Born in Penang, he studied at St John's Institution, Kuala Lumpur and later qualified as a chartered accountant in the UK. For the past189 words
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Page 2 Advertisements
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Advertisement411 1980-10-11 2 Leader...page INTERNATIONAL TREASURY MANAGEMENT IN THE 198 Ps HONG KONG HILTON OCT 29, 3#, 31, ISM Organised by The Times Organisation ft Applied Research Corporation in association with Marine Midland Bank, N.A. The seminar on International Treasury Management is specially designed for senior executives whose work involves the strategic management411 words
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Advertisement155 1980-10-11 2 APPOINTMENT URGENTLY WANTS 1. A Senior Administrative Executive in its Investment Division a) Must possess a degree in Accountancy with 2 to 3 years practical experience as an Accountant in a big organisation. b) Must have a few years of experience as an executive in charge of general administration m155 words
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REGIONAL
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349 1980-10-11 3 UPI CLOSED door hearings for China's disgraced Gang of Four have started but the widow of the late Mao Zedong has refused to admit her guilt and the trial could be a long one, high Chinese officials were quoted as saying yesterday. TheUPI - 349 words
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Article346 1980-10-11 3 EXPECTED ARRIVALS TODAY KEPPEL WHARVES Bangsaen (0700 P/O, subject gas free) 13 Cecilie Maersk (1500 after Pervomaysk) 38/39 Frotario (after Sunny Ocean Lloyd Bakke sails) 5 Hassho Maru (Tanker) (1300 P/O, subject gas free) 14 Leslie Lykes (2000 after Nippon Mam) 1/2 Sargodha (1800 after Hannah Lu)346 words
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Article118 1980-10-11 3 AFP THE United States has asked Japan to support its proposal to revise the 1976 agreement among OECD member-countries on plant export credit interest, it was learned in Tokyo on Thursday. According to international bank sources, the request was made by US Treasury Secretary G WilliamAFP - 118 words
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587 1980-10-11 3 AFP WHILE peninsular Malaysia's exports have continued to rise, the steeper growth in imports led to a 19.4 per cent fall in the trade surplus to M 51.26 billion for the first five months of the year from $1.56 billion in the sameAFP - 587 words
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146 1980-10-11 3 AP AUSTRALIA can supply Malaysia unlimited amounts of coal at a competitive price should its industries convert to coal as an alternative energy source, the visiting Minister for Commercial and Industrial Development for Queensland, Mr Norm Lee, said on Thursday. Lee made the statement onAP - 146 words
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Article119 1980-10-11 3 FORMER prime minister Mrs Sirimavo Bandaranaike on Thursday has formally challenged a decision finding her guilty of "misuse of power" during her last term. Sri Lanka's supreme court will hear the appeal, officials said. Bandaranaike, the world's first female premier, said in her appeal that a resolution119 words
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THE REGION IN BRIEF
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Article460 1980-10-11 3 MORE than half of Thailand, including parts of Bangkok, is submerged under floodwaters, Thai officials reported. They said 39 of 74 provinces have been devastated and several more provinces are threatened. JAPAN Is U CMpenlt with Indonesia la the developmeat of geothermal energy, the Jftpucie embassy la Jakarta460 words
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289 1980-10-11 3 AFP EXIT .FT) Philippines opposition leaders will accept President Ferdinand Marcos' invitation for a dialogue on their homeland's problems only if he first agrees in principle to end martial law, chief Marcos foe Mr Benigno Aquino said on Thursday. Aquino said MarcosAFP - 289 words
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Page 3 Advertisements
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Advertisement152 1980-10-11 3 M i ***/.',..-"ysss: "~4 "S r> Which BMW? Express Yourself with convktion There are many BMWs from which to choose. Subtle variations in outward appearance and a variety of performance specifications. Individual taste, driving style and conditions will influence your decision. But it's the one thing that doesn't change that152 words
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RAW MATERIALS
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Article230 1980-10-11 4 THE SINGAPORE rubber market yesterday closed firmer with November One RSS buyers quoted at 306.50 cents a kilo, up 3.50 cents from Thursday's close. The morning market firmed three cents on higher overnight London advices, weekend covering, speculative buying and forward demand. November One RSS buyers closed the morning230 words
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Article309 1980-10-11 4 RAS PRICES RAS prices In cents per kilo yesterday: Close Noon (per kilo) (per kilo) Buyers Sellers Buyers Sellers Int. 1 R.S.S. prompt f.o.b. 302.00 303 OON 303.00 304.00N Int. 1 R.S.S. November 306.50 306.00 306.50 307.00 Int. 1 R.S.S. December 310.00 310.50 311.00 311.50 Int. 2 R.S.S.309 words
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Article111 1980-10-11 4 NOON SSR and SMR RAS Novn ber Decern ber (Current Mth) (Forward Mth) Buyer* Seller® Buyer* Seller* SSR 20 (1-tof i pallet) 260.00 262.00N ***** 263.00N SSR 50 (1 tor pallet) 257.00 259.00N 258 00 260.00N MKELB SMR CV (ltol l pallet) 292.00 294.00N 294 00 296.00N111 words
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Article38 1980-10-11 4 Rubber: Oct 10 Singapore: Nov: 306.50 cents (up 3.50 cents) Malaysia: Nov: 310.50 cents (up 3.50 cents) Tin: M$2,081 (down $14) (equivalent to $34.41 per kilo) (down 23 cents) Official offering: 181 tonnes (up 3V4 tonnes)38 words
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Article114 1980-10-11 4 THE STRAITS tin price In Penang yesterday fell Msl4 a picul to a year-tow «I $2,181 (SM.4I a kilo) *4 below the International Tin Agreement celling. Sentiment remained weak with most operators withdrawn following lack of strong buying demand from nil sonrces. The market was caattoas with the114 words
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Article337 1980-10-11 4 THE market fluctuated narrowly within a. 3 1 /i-cent band, finishing one cent up on balance, with conditions quiet throughout, says H«B--d*y, Cutler, Bath Cm in its review of the Singapore and Malaysian rubber markets for the period Oct 2 to Oct 9. Prices drifted down337 words
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Article104 1980-10-11 4 Reuter SHIPMENTS of Straits refined tin from Penang rose in September to 6,585.25 tonnes from 5,771.00 tonnes in August and 5,425.00 tonnes in September last year, the Straits Trading Company said. This brought total shipments in the first ninp months of this year to 54,101.75 tonnes againstReuter - 104 words
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Article833 1980-10-11 4 COFFEE: Robust* futures yesterday closed the morning steady, with gains from Thursday of £10 a tonne (basis January at £1,096) to £3. Turnover was 531 lots including seven options. Dealers said the morning's trading was quiet, well matched within a narrow price range and with no special feature833 words
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167 1980-10-11 4 Reuter THE UNITED Steles Is w gettetteg with China tor a mtjtr sale grate aad the I»— petto ti aa agreement are eaeeoragteg, a White Hease spekesmaa aaM. CBS IMevtalea had earner reperted that the Carter Admtelstrattea, whleh Imposed a grate emharge eaReuter - 167 words
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Article331 1980-10-11 4 SINGAPORE: Yesterday's closing prices in SI 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, 25 per cent new crop no stock. B-10 per cent 0.80. THAI BROKEN: A-super 0.72, Special 0.68.331 words
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Article194 1980-10-11 4 YARN and cotton prices were quoted as follows in Hongkong yesterday: (In HK dollars, spot ex-go-down) Cattea yara: China Blue Phoenix 20s 2,090 32s 2,690, 40s 2,890 (per bale of 400 lbs). Piece gMis: China Butterfly and Globe brand unq; Dragon Head unq; Five Lambs unq; Flower and Butterfly194 words
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Article175 1980-10-11 4 CHINESE Pn*we Exchange, Singapore, closing prteM per IN kg yesterday: Cwrnl «II: Bulk fob 120.00 sellers, old drum (in second hand drum) fob $130.00 sellers, new drum fob 1136.50 tellers. Copra: Mixed (looae) $71.00 buyers. Pepper: Muntok white pepper fob Asta NLW $425.00 sellers, Sarawak white pepper faq175 words
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Article206 1980-10-11 4 CHICAGO soybean futures on Thursday ended unchanged to up 7Vi US cents a bushel in the deferred November. Prices settled near the middle of a 10-cent range. Local evening-up ahead of the much anticipated USDA crop report accounted for choppy trade from the start. However, general trader sentiment that206 words
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Article196 1980-10-11 4 WHEAT futures in Chicago on Thursday closed IVi US cents a bushel higher to unchanged in revived trade. Prices settled around the middle to low end of a seven-cent range. Steady local liquidation ahead of yesterday's USDA crop report, and aggressive selling by the brokerage chain, dropped prices lower,196 words
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Article139 1980-10-11 4 THE MALAYSIAN palm oil market yesterday was mixed with sellers sidelined in quiet trading, dealers said. For October, the Central and Southern regions eased Mslo to $680 a tonne and in November, the Southern slipped $2.50 to $697.50. In the North, October and December finned to $705 and139 words
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ASIAN STOCKS
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Article395 1980-10-11 4 THE MARKET yesterday opened strong, reflecting the overnight London closing. Blue chips came under renewed interest as the second liners were unable to maintain their midweek momentum. Profit-takers trimmed early gains, but the market firmed by mid-morning and then strengthened towards lunch to finish the morning 18.02 points higher.395 words
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Article265 1980-10-11 4 THE RECOVERY on the Sydney share market continued to gather momentum yesterday as pre-election nervousness, which touched a massive sell-off earlier in the week faded into the background, dealers said. OCT 10 Cents INDUSTRIALS A. C I 210 2 A N. I 270 >20 A P M 205 Ampol265 words
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Article247 1980-10-11 4 STOCK prices closed generally unchanged in inactive trading yesterday, dealers said. First Trust fell 0.50 baht to 50.50 while Bangkok Bank, Saha Union, Jalaprathan Cement and Siam Cement were unchanged at 262, 177, 102 and 246 baht respectively. OCT 10 BahU Asia Credit 123 -3 Asia F ibre Ayulhaya247 words
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Article149 1980-10-11 4 THE STOCK market was still yesterday mixed as commercial/industrial and oils remained firm but mining was weak and turnover rose slightly to 2.9 million pesos from 2.09 million, dealers said. The lone loser was Podco B, while among gainers were phil overseas, Marsteel and Ist Phil Hldgs. OCT 10149 words
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Article15 1980-10-11 4 THE TOKYO stock market was eiisei yesterday fsr a leeal ksllday (Physical Edaeattoa Day).15 words
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Article55 1980-10-11 4 FINANCIAL TIMES INDUSTRIALS Thursday 473.7 Wednesday 478.5 Week Ago 478 7 DOW JONES AVERAGE INDUSTRIALS Thursday 958.96 Wednesday 983.99 Week Ago 942.24 H.KJ1ANG SENG Friday 1357 18 Thursday 1340 48 Week Ago 1258 18 SYDNEY INDUSTRIALS Friday 718.85 Thursday ***** Week Ago 733.88 ALL ORDINARIES Friday 978 7355 words
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Page 4 Advertisements
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Advertisement427 1980-10-11 4 Businessmen, Are You Getting Your Share of the Billion Oil Industry? The South East Asia Oil Directory 1980-81 (Third edition) is the only professional reference work which brings together an encyclopedic volume of material to serve all sectors of the oil industry. It is the most comprehensive and in-depth coverage427 words
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OVERSEAS
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Article, Illustration198 1980-10-11 5 Reuter IRAN is still selling oil and has not sold gold to finance the war with Iraq, the Iranian central bank said. Said the bank's governor Ali Reza Nobari, "We haven't sold gold because we do not need to sell it. We have $14Reuter; UPI - 198 words
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Article105 1980-10-11 5 AP THE HEAD of the American Civil Aeronautics Board defended a US decision to loosen the regulatory controls on American airlines. Mr Marvin Cohen told an international conference on economic regulation of air transport that fewer rules would mean increased competition, improved service and fuel conservation. TheAP - 105 words
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290 1980-10-11 5 Reuter THE executive head of the United Nations Educational, Scientific and Cultural Organisation (Unesco) urged member countries to discard their differences and concentrate on concrete steps to help poor countries improve their communications. Unesco Director-General Ahmadou Mahtar M'bow told the 21st General Conference ofReuter - 290 words
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Article796 1980-10-11 5 ARRIVALS Service Local Operator Number Time From MAS MH601 0700 KUL FT FT71 0710 JFK/ORD/KUL SLA BA SQ/BA17 0715 LHR/BAH SLA SQ101 0615 KUL MAS MH621 0635 PEN MAS MH6T1 0930 PEN/KUL MAS MH605 1000 KUL SLA SQ211 1000 HLP CAL CB14 1000 HLP CPA CX710 1005796 words
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Article263 1980-10-11 5 AP A LEGAL loophole which allowed the Vesteys, one of Britain's wealthiest aristocratic families, to pay only nominal income tax will be plugged, Chancellor of the Exchequer Sir Geoffrey Howe promised. In a radio interview, Sir Geoffrey said that the law used by the VesteysAP - 263 words
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164 1980-10-11 5 Reuter BRITAIN'S Chancellor of the Exchequer has told the annual conference of the ruling Conservative Party that the government would not reverse its tight money policy despite rising unemployment and a recession. Sir Geoffrey Howe said on Thursday more sacrifices must be madeReuter - 164 words
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WORLD IN BRIEF
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Article574 1980-10-11 5 Agencies FORMER British Prime Minister James Callaghan has decided to resign as leader of Britain's opposition Labour Party. The BBC reported that he had resisted strong left-wing pressure to stay on at least until a new method of electing the party leader is worked out at aAgencies - 574 words
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401 1980-10-11 5 UPI, Reuter ISRAELI Prime Minister Menachem Begin said he is convinced the new Russian-Syrian friendship treaty contains a secret military pact and is aimed at Israel. Mr Begin, in a speech to American Jewish fundraisers in Jerusalem, said he also took a "very seriousUPI,; Reuter - 401 words
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271 1980-10-11 5 RELATIONS between East and West Germany, flourishing this year despite eastwest tension over Afghanistan, have suddenly plummeted after East Berlin moved to cut back an influx of western visitors. East Germany's finance ministry announced on Thursday night that from Oct 13 the minimum currency271 words
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Article233 1980-10-11 5 Washington Star US FEDERAL agencies have shifted from rigid regulations to more flexible rules that often reflect market forces and save billions of dollars a year for business, says the Regulatory Council. The council was appointed by President Carter two years ago to work at eliminating duplicativeWashington Star - 233 words
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248 1980-10-11 5 Reuter WEST Germany has obtained a two-week delay in European Common Market plans to introduce unprecedented control of steel production, EEC officials said. EEC industry commissioner Etienne Davignon said that Bonn, which was alone in not approving the plans at a ministerial meeting (MiReuter - 248 words
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Article131 1980-10-11 5 Reuter PRESIDENT Carter has accused Ronald Reagan of striking at allied confidence in the United States and encouraging enemies by making "false" charges that American military forces were weak. Mr Carter, on a campaign trip through his native south on Thursday, strongly criticised the Republican presidential candidateReuter - 131 words
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Page 5 Advertisements
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Advertisement243 1980-10-11 5 No mystique in this magnificent investment A good Oriental carpet has a c harisma which derives from an aesthetic fusion of design, artistry, technical construction, durability, symbolism, history and age. The better the carpet the more powerful the charisma, and additional factors come into play such as rarity, intellectual clarity'243 words
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338 1980-10-11 6 THE US government is again rearing its ugly protectionistic head, this time in the form of a unilateral embargo on all imports of jeans from Singapore. The embargo will be effective until the end of this year and will send shock waves reverbrating through the338 words
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321 1980-10-11 6 THE TASK that must be achieved by the hotel industry is not a simple one. Workers must accept, and be trained to perform efficiently, to work under a system whereby duties are enlarged. Management must learn to better manage the scarce labour resources that are available321 words
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Article, Illustration843 1980-10-11 6 FOX BUTTERFIELD - By FOX BUTTERFIELD NYT CHINA spent several billion dollars to build a cross-country natural gas pipeline on the basis of a greatly exaggerated report about the gas reserves of Szechuan province. Later when the gas failed to appear, the project had to be scrapped. InNYT - 843 words
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Article, Illustration698 1980-10-11 6 EDITH LEDERER - China has a long way to go before it can become an advanced economic power by the year 2,000, the goal Chairman Hua Guofeng set two years ago. A leading Beijing economist, Xue Muqiao, says: 'At present, China does not have enough energy supply, transport,AP - 698 words
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Page 6 Advertisements
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Advertisement146 1980-10-11 6 Color It White With Rapid Roof For Energy Efficiency > n an energy conscious age. RAPID ROOF* makes ■"wi.,l. Its exclusive elastomeric membrane provides -•"gfal/ superior heat reflectivity The white titanium dioxide jjjjyHßM pigment in RAPID ROOF maximizes the heat reflecting ■H capability of the roofing surface while minimizing the146 words
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Page 6 Miscellaneous
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Miscellaneous1328 1980-10-11 6 sTiVawpxp! High-riding rodeo star IT IS Mtt y*ar while to tragic death. The r»ie» (told a* 1C rtdera whe have stay toil in V jn wut footage waa aimed At Ike made their way threagh ■mm eatortalameal allheal aaaaal Fleata de Las rtlmlaatlaa raaada which havtag to Jala the leag1,328 words
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Article, Illustration860 1980-10-11 7 JOHN CHADWICK - Self-protection in an age of urban guerillas has become big business. At a security congress in Geneva last week, manufacturers offered custom-made bullet-proof waistcoats in stylish fabrics. Protective devices on display ranged from revolvers and electronic anti-intruder devices to armour-plated Land Rovers and radar detection systems.Reuter - 860 words
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Article445 1980-10-11 7 EDITH EVANS ASBURY - By EDITH EVANS ASBURY NYT IF you are very rich or very important and you fear kidnappers or assassins, hire a well-trained driver and do as he says. And if you are running a business that is being victimised by thieves, direct your suspicion firstNYT - 445 words
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Article868 1980-10-11 7 HENRY SCOTT STOKES - FORUM with HENRY SCOTT STOKES NYT IN one of the most masterly displays of showmanship seen in Japan in decades, an 81-year-old man alternately droll, aggressive and wistful is taunting the Soviet Union over the ownership of a sunken treasure in gold bars, coins and platinumNYT - 868 words
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Page 7 Advertisements
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Advertisement517 1980-10-11 7 FUN WITH CHINESE CHARACTERS VOLUME 1 $5.80 Cartoonist: Tan Huay Peng well-known as Peng, for his cartoons in the press and national campaign illustrations for the Ministries and the Government departments. He was the art director for the Straits Times from 1955—1961. Presently he is a free-lance graphic designer. The517 words
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INTERNATIONAL STOCKS
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EUROPEAN MARKETS
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Article286 1980-10-11 8 OCT 09 Frs CORBEILLE Air Liquid? 472 1 B S N Gervais Uanone 1011 -13 CSF < ThomsonCsf) 468 _2 Cle Krancaise des Petroles 226 -3 C'ompagnie Financier? Compagnie Generate 367 2 Credit Foncier De France 444 •11 Hachette ll.ibrairtei 285 -0.1 Machines Bull 52 60 0.6 Michelin (B)286 words
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Article232 1980-10-11 8 OCT 09 Dm Aeg-Telefunken 80 (JO -3 Akzo 19 30 03 All? Lrbrn 1075 00 IS AIU Vers 462 50 3.5 BASK 134 00 03 Bay H T Wbank ***** 1 Bay Vbank ***** 2 Bayer ***** 05 BBC 292 00 BMW 169 50 15 Cassella 326 00 unch232 words
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Article97 1980-10-11 8 OCT 09 Prs FORWARD MARKET Acec 285 unch Arbed 1400 unch Astur 300 unch Brascan 924 unch Br u-Lamb 1026 Canpar 1246 18 Cock 191 r 1 De Beers 5 Ebe* 1790 unch Elect robe 1 I V* 20 Gb-Inno-Bm 2200 unch On 1240 -2 Hobok 2680 25 Petro97 words
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Article217 1980-10-11 8 CUT 09 Fls ABN* 311 50 2.5 Ahotft 68 00 unch Ak/«< 20 70 0.3 AMF V 90 80 08 Arnfis 103 00 0.1 Amrolaik 66 00 -03 34 50 1 Berk 62 50 0.5 Hols 57 30 -07 Borsumij 236 0T) 2 biirhmann 64 10 -09 Byenkorf 4620217 words
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Article185 1980-10-11 8 OCT 09 Francs Actions Suisses 2*7 unch Alusuisse Br 1270 *5 Alusuisse Reg *62 unch Brown Boveri Br 1650 -i Clba Ofify Br 1060 15 Clba Geigy P C 820 unch Clba Geigj Reg M5 unch Credit Suiar Br 2580 10 Credit Suisse Ref US 1 Elektrowatl Br 2S3S185 words
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Article103 1980-10-11 8 OCT 09 Lire Ante 9 unci) Assoc Gfn ***** 310 Baslogi 642 40 Central# ***** ->201 Fiat nsr 107 Einsider 82 unch Gen Immob 2180 40 IKI Prl 3635 210 Italremenli ***** 150 Ilalfa* 12M 14 llaliuder 335 unch Magneli M Pf 515 Marrlli Err 306 12 Mrdloh *****103 words
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Article192 1980-10-11 8 OCT 08 CS ♦a* Abitibi 22'Ate an 42 Algoma XI unch Bank Mont 28 Bank Nova Scolia M 1 Bell Tel U .i. Beth Corp BP Can Ltd 43 •>, Brasran 37'. Camp Red Lake to I'j Can Imp Bk 26 Canpar f?" unch Canpar Inv Pf 19 unch192 words
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Article315 1980-10-11 8 OCT 09 Rand INDUSTRIALS A Alpha 390 unch Aherrorn 370 unch AK And CI 960 -10 AMIC 2500S Harlnmr* 1160 -2D Cf Sugar 1700 unch rKA 610 Cvrrlr Finance 250 unch I> Beers Ind 3200S -100 fcdcon 660B Kdgars 8700B Fveready Fed Volk 500 unch Kufttt 240 tS Gardian315 words
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Page 8 Advertisements
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Advertisement162 1980-10-11 8 Snacks for your island treks Singapore "1 IrKerrvatcmai As*a 'Pacific Ry the Golden Worldaf MAS MMwmmm 15 19 October 1980 7.00 p.m. onwards Wonderland Amusement Park (Kallang) German Beer-Drinking Festival featuring: 27-member oom-pah-pah band, THE INNTALER MUSIKANTEN" flown in direct from Munich, West Germany by Malaysian Airline System Bavarian music,162 words
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Advertisement150 1980-10-11 8 Where to wine, dine and entertain ftfJAPANESE RESTAURANT For sushi. For teppanyaki. For other authentically Japanese delights. Open dailv: 12 noon 3 p.m. 630pm. 10 30p m For reservations call *****77 i fiilun I 'nrk Slmtiiioii Sii»yn|H»if SHERA t ON HO'ELS AND INNS .VO«LD.VOt ISSTT H.II Singapore 1026 Tei OPFPA't"150 words
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Advertisement129 1980-10-11 8 See Page 9 for NYSE prices and Page 4 for Asian stocks The Great Family Do-It-Ytxirself Barbecue. •I -*W: i V M I m w ■Saturday rwht Poo*s»de at the Obercx lust choose what you ~ant and barbecue it Meat seafood salads sauces Chefs hat and apron available $20+ for129 words
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Advertisement105 1980-10-11 8 OQGGO Inn Of Happiness ■W: sfr «C£i Cantonese style. Szechuan style The Inn of Happiness brings together the best of two culinary worlds. Two kitchens. Two chefs. All to double your dining pleasure, with that famous Hilton service. For reservations, please call 737-2233. MM HROON INTERNATIONAL 2 I XL m105 words
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Advertisement221 1980-10-11 8 I f Dale: 11th Oct 1960 (Boutique) Hairdo REVUE JEN IB Pwfiaip AUTUMN (Cosmetic) (Leather handbags) NGAI YOON CO PRIVATE LIMITED (Leather Handbags) Models: ELSA YEO MODEL AGENCY Coordinator IVOR ISAAC Lunch and fashion every Tuesday and Saturday Showtime: 1 15 pm Cockpit Hotel 0«!e, Rise/Penang RoaO Singapore 0923 Tel221 words
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BANKING AND FINANCE
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Article278 1980-10-11 9 THE DOLLAR yesterday opened little changed on late Hongkong levels in quiet trading, though slightly firmer than closing New York prices, dealers said. It opened at 1.8038/43 marks compared with a late Hongkong 1.8040/45, New York's closing 1.8030/35 and London's closing 1.8048/55. Sterling opened at U512.3960/90, firming to 2.4006/11,278 words
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Article132 1980-10-11 9 THE US dollar yesterday drifted marginally lower in featureless late end week foreign exchange trading here with Japanese markets closed, dealers said. It stood at a late 1.8040/45 marks against an early 1.8047/52 and New York's closing 1.8030/35 and at 1.6335/55 Swiss francs against 1.6340/60 and 1.6330/ 45. The132 words
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Article46 1980-10-11 9 RESULTS of tender held yesterday for 91-day Treasury bills to be issued from Oct 13 to 17: Offered: $20,000,000 Applied far: $119,300,000. Allotted: $20,000,000. Accepted bids: $96.22 and higher bids in full. Average rate ef discount m allotment: 7.140 per cent per annum.46 words
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Article473 1980-10-11 9 THE US dollar closed little changed to slightly lower against major currencies yesterday. Trading was generally quiet ahead of the weekend and partly due to the closure of Tokyo, with the dollar moving within narrow margins throughout the day. The fact that Monday will be a holiday in473 words
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Article326 1980-10-11 9 SINGAPORE gold futures yesterday turned weaker in afternoon trading on profittaking and squaring of positions, but the market still closed higher on balance compared with overnight levels, dealers said. Trading was moderate with total sales for the day recorded at 214 lots with activity mainly centred on December and326 words
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Article34 1980-10-11 9 New York 20.75B 20.90B 21.065 21.20S Pri Than Singapore 22 GOB 20 90B 22.00S 21.30S Zurich 21 .SOB 2100B 22.006 22.306 Closing prices in US dollars troy oun ce. Source: Credit Suisse34 words
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Article22 1980-10-11 9 THE average rale at which major Singapore banks are currently prepared to lend to their beat customers is 12.1 per cent.22 words
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Article172 1980-10-11 9 ASIAN RATES ASIAN currency deposit Interbank rates as at close on Oct 10: U8MMM Offer Bid 7 days IT* 12V, 1 month 13H 1314 2 months 13 12% 3 months 13 12% 6 months 13 12% 0 months 12% 12% 12 months 12H 12% twin Dbi /MLiJL. 1 month 3172 words
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Article47 1980-10-11 9 RANGE of price» offered by discount houses on Oct 10: Overnight: 7W% Call depute: CV.« to 7V.% Clotiu Baytaf g*Uis« 3-month Treasury bills 7V« 7Vfc 3-month Bank bills UH livi 3 months CD 11 w im 6 months CD 11W 11 Vk Source: National Discount Co47 words
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Article67 1980-10-11 9 QUOTES on the Australia and New Zealand exchanges on Oct 10: AUSTRALIA: US dollar 1.17»/1.1731 Sterling 0 «19 0.4864 90<iay airmail buying rate*: Sterling 0 5166 US dollar 1.22« 90-day forward buying rate*: Sterling 0.«51 US dollar 1.17K NEW ZEALAND: Reserve Bank midrate: US dollar 0 9824 Trading Bank67 words
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Article51 1980-10-11 9 ZURICH exchanges closing quotes on Oct 10: US 1 6360 6370 Stg 3.9223/9255 Can —1.4021/4034 D Mk 90.6120/6925 D F1 83.3418/4353 F Fr 39.0920 1299 B Fr 5.6433/6497 D Kr 29.4112/4345 N Kr 33.6660/6935 S Kr 39.2966/3368 Lit 0.1902/1904 Aus seh 12.8088/8266 Port 3.2557/2740 Spain 2.2123/2167 Arg 0.0800/0900 Yen51 words
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Article40 1980-10-11 9 FRANKFURT exchanges opening quotes on Oct 10: US 1.8035/43 (1.8060/58) Stg 4.322/332 (4.325/335) Can 1.5483/95 D F1 91.90/92.00 S Fr -110.20/35 Lit 2.094/104 F Fr 43.07.17 N Kr 37.10/15 B Fr (com) 6.222/232 B Fr (fin) 6.185/195 Yen 0.8648/6040 words
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Article937 1980-10-11 9 STOCK prices on the New York market on Thursday declined and the trading pace slowed from Wednesday as worry about continued fighting between Iraq and Iran prompted profit-taking. Analysts tied some of the weakness to rumours, which were denied, that a ship had been sunk in937 words
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Article, Illustration605 1980-10-11 9 ALVIN TAY - By ALVIN TAY INTERBANK rates for Singapore dollars eased during the week despite the raising of the rediscount rate for bank bills by the Monetary Authority of Singapore (MAS) by half a point to 10V4 per cent on Monday. This was the second time605 words
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Article354 1980-10-11 9 A SEMINAR on International Treasury Management to be held in Hongkong later this month has received a favourable response from the Asian countries. So far about 50 participants have registered for the 3-day programme to be held in the Hilton Hotel from Oct 29-31. Apart from the354 words
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250 1980-10-11 9 THE boards of directors of Midland Bank and Crocker National Corporation of California have approved the terms of an investment agreement whereby Midland Bank will acquire a majority interest in Crocker National Corporation. This follows the agreement in principle announced in July 1960,250 words
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Page 9 Advertisements
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Advertisement674 1980-10-11 9 ffi} THE daiwa bank, ltd Head Office: 21, Bingomachi 2-chome, Higashi-ku, Osaka 541 JAPAN Non-Consolidated Balance Sheet for 1979 -1980 BANKING ACCOUNT Non-Consolidated Statement of Income for 1979 -1980 assets Cash and Due from Banks Call Loans Securities Loans and Bills Discounted Foreign Exchanges Domestic Exchange Settlement a/c. Dr. Premises674 words
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1561 1980-10-11 10 BID and offer prices officially listed and business in and reported to the Stock Exchange of Singapore yesterday with the number of shares traded shown in brackets in lots of 1,000 units, unless otherwise specified. BKCTION ONE INDUSTRIAL COMMERCIAL A cat a1,561 words
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Article182 1980-10-11 10 HNGAPOU UNIT T*l JOT OVB MOW 'AOV (Mi ii| 'prteae tar Oe >11) mw Mr oet 11 U) Unkm Spore Find l.M 1.21 The Com mm* 198 3.03 D UNIT The Savings Fund 1.B LH 13txd OHOOMI (Cln EBON S pore Prof road L3D rsatpi taae) 1JI S182 words
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Article2704 1980-10-11 10 I MO High Low Company Last Sale orGr's Div Div C*vr Gr's Yld Net P/E Vol Day COOO) High Low SECTION ONE INDUSTRIAL COMMERCIAL 372 276 148 170 402 84 352 615 408 540 245 Acma 220 Alcom 116 Allied Choc 138 BAT 270 Bata 60 Ben2,704 words
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Article1743 1980-10-11 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. INDUBnUAIJB AjMMla (3.306) AtoM (2.505) (1) 2.55 sd Ala BeM (1.458) A1,743 words
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Article73 1980-10-11 10 SEALION's proposed two-for-five rights issue at $2.30 per share has been approved in principle by the Singapore stock exchange. The rights issue is still subject to the approval of shareholders and an EGM will be held on Oct 31 to pass the resolutions relating to the rights issue.73 words
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Article20 1980-10-11 10 SIM Lim's consolidated pretax profits for the full year to March 1960 rose to (1.93 million from 1390,000.20 words
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Article735 1980-10-11 10 THE Bhg>p>w stock market staged a breed reeevery yesterday a* bayiag eatlndasm retaraed. After a geaerally aaeaay week, traders flaally regalaed tmußdtmu) aad activity heated up riplflnutlv. Vet antes Improved riald erably aad market eeattmeat appeared steadier tkaa Mere. Beflecttag tke creditable ■I—l tke Btralts Times735 words
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Article582 1980-10-11 10 SENTIMENT brightened noticeably with the return of buying interest which lifted prices broadly higher at the Kuala Lumpur stock market yesterday. For the first time this week, there was a readiness to clinch deals and trading picked up markedly in contrast to the previous fourday582 words
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COMPANY BRIEFS
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527 1980-10-11 11 OIL palm and rubber company, Temerloh Rubber Estates expects a lower profit for the current year ending April 30, 1981 in view of lower commodity prices, particularly for palm oil. However, chairman Mr H. T. M. Grumitt assures shareholders in the latest annual report that the527 words
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Article135 1980-10-11 11 DESPITE an increase in its sales, Ajinomoto (Malaysia), the food seasoning producer, reported a downturn in profits for the first time in years. The group's unaudited pre-tax profits for the six months to June 30, 1960 fell to $2.07 million from $2.70million, The drop made135 words
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Article269 1980-10-11 11 SHELL Marketing Co of Borneo (SMCB), Shell's marketing arm in Sabah and Sarawak, experienced a sharp downturn in earnings in the first-half due partly to a change in accounting policy. Shell said in a circular to employees that SMCB's net profits after tax dropped to269 words
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1042 1980-10-11 11 Market Talk... THE current spate of rights issues from United Overseas Bank, Overseas Union Enterprise, Growth Industrial Holdings and Pegi and the flotation of Keppel Shipyard is removing substantial investment funds from the n^ket. And recovery "will almost be slow" as the1,042 words
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Article237 1980-10-11 11 SHARKAT Harper Giffillan Bbd has become a whollyowned subsidiary of Harper Gilfillan (Netherlands Antilles) NV. Harper Gilfillan NV announced that it has compulsorily acquired 14,401 shares in SHGB, representing the interests of dissenting SHGB shareholders. Harper Gilfillan NV earlier made a cash offer to237 words
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340 1980-10-11 11 POWDERED natural rubber (PNR), currently produced on a commercial scale by Harrison and Crosfield (M) Sdn Bhd, has the potential of enhancing the competitiveness and versatility of natural rubber against synthetic rubber. But as it is relatively new and the quantity produced is limited, rubber340 words
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Page 11 Advertisements
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Advertisement152 1980-10-11 11 Can one man's greed upset the balance of world power? 3 s: V r. V A H m 'A <3 0 n: /a 9 ii Va v. m Morgan Khoo, an obese Chinese tycoon addicted to ice-cream and youthful flesh, masterminds a daring scheme to make himself even more millions152 words
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349 1980-10-11 12 Reuter WORLD International (Holdings) said it will buy 17.5 million ordinary shares in Hongkong and Kowloon Wharf and Godown from Mr Y.K. Pao, chairman of both companies. The purchase, to be effected through a whollyowned subsidiary of World International, entails the exchange 86Reuter - 349 words
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Article768 1980-10-11 12 LONDON, Fri. The market closed lower as hopes of an early cut in the MLR faded following yesterday's statement by the Chancellor of the Exchequer that the government is set on continuing its monetarist policy, dealers said. End account influences made for a small turnover and at 3768 words
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Article123 1980-10-11 12 Reuter MALAYSIA has agreed to supply Thailand with 15,000 tonnes of fuel oil over the next two months and 250,000 tonnes of crude oil by the end of the year, a spokesman for the state oil agency, Petronas, said yesterday. The oil is in addition toReuter - 123 words
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443 1980-10-11 12 AGNES WEE - By AGNES WEE WITHDRAWALS from the Central Provident Fund by members totalled $643.7 million in 1979, mainly for the purpose of purchasing public housing flats. The 1979 Annual Report of the Labour Ministry, said that of this, $383.7 million had been withdrawn from443 words
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Article278 1980-10-11 12 AP MALAYSIA is contacting all the Asean countries for a high frequency radio link-up to help cut down drug trafficking and other smuggling activities in the region. Deputy Finance Minister Mak Hong Kam, speaking at the launching of a US$6OO,OOO high frequency radio communications network forAP - 278 words
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265 1980-10-11 12 Reuter IRAN, recoiling from Iraqi bombardments which are reported to have killed scores of people in Khuzestan, has begun a counterattack west of the city of Ahwaz. President Bani-Sadr said yesterday in a broadcast that forces under the command of former defence minister MostafaReuter - 265 words
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252 1980-10-11 12 Reuter CHINA and Pakistan, which have a common fear of Soviet expansion in Asia, have helped North Korea to supply military aid to Iran, according to informed sources in Washington. The sources said cargo versions of Boeing 747 Jetliners had overflown ChineseReuter - 252 words
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111 1980-10-11 12 Reuter WITH Australia's general election only a week away, an opinion poll published in Sydney yesterday showed a swing back towards the government after several other surveys favourable to the opposition Labour Party. The Liberal-National Country Party coalition of Prime Minister Malcolm FraserReuter - 111 words
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Page 12 Advertisements
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Advertisement635 1980-10-11 12 Introducing the Asean Standard Trade Directory 1981/82 If you run a business within Asean region, make it your business to get into it. jv i s- •<> .N .x 3 *v V -vijf JNS'' s; ASEAN STANDARD TRADE directory 1981/82# §U Now you can have the world market at your635 words
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Page 12 Miscellaneous
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Miscellaneous60 1980-10-11 12 WEATHER! Outlook for Singapore from 6 a.m. to 1 p.m. today: Generally fair. Report for 24 hours prior to IJ9 p.m. oa October 19 ftt the airport. Maximum temperature 32.2 Associated humidity 59 Minimum temperature 24.4 Associated humidity 97 Hours of sunshine 5.25 RaipfaU in millimetres 0.7 Total rainfall for60 words
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LEISURE TIMES
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Article, Illustration526 1980-10-11 13 JAN LEE - REMARKABLY RADIANT By JAN LEE IF YOUR diamond is a cut above all, then the name of that cut must also be one-up on others. The radiant cut, a patented diamond cut invented by Mr Henry Grossbard, is given its Mandarin equivalent, Li Dian, which is526 words
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Article, Illustration294 1980-10-11 13 RONALD KOW - RONALD KOW PICTURE the typical customary wedding in Singapore: Some relatives and friends with their Nikons, Asahis, Yashicas or Kodak Instamatics. To be doubly safe, you hire a professional. House, church, registry, restaurant, Chinese Garden, Toa Payoh Gardens, or the East Coast Lagoon these people will294 words
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Article, Illustration166 1980-10-11 13 GONE an Ike daya whea faahtoaaMe Ma graced tMr palatial grt» «a *r iw fcwtHlw BMttti aai etttehiaga, h «Hi eaae ea «to towltoe, far extra J MQ. TBI im, ami lacea'arT etui toatofally, favearei (ftetan, extreme tett). With ilBMt Ujm emptoyeea to frt+rlUmjatoe166 words
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Article, Illustration1078 1980-10-11 13 ALVIN TAY - It's magic By ALVIN TAY MAGIC is simple, yet difficult. It appears easy because most people assume that the main concern of a magician is merely to present the trick. The difficulty sets in when speed and a high degree of professionalism is demanded. Let's take a tip or two1,078 words
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Article336 1980-10-11 14 TODAY GOLF. Warren. Thirty-six holes of golf will be played by 30 competitors in the 72hole Warren Golf Club's Championship strokeplay competition today. Twelve golfers belong to the 'A' division, the same number from the 'B' and six from the 'C' division. Jurong. Nine golfers will compete336 words
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Article77 1980-10-11 14 AFP THE COLOMBIAN Parliament will have to decide next week whether Colombia can afford to be the host of the world football cup in 1986 following its designation as cup host this year. Columbian President Julio Cesar Turbay said earlier this week that the country could notAFP - 77 words
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Article, Illustration508 1980-10-11 14 HYPERION - FROM THE HORSE S MOUTH By HYPERION EXPECT a record turn-out at Bukit Timah tomorrow for the 1980 Singapore Cold Cup. Likely favourite Vaaron will have the benefit of jockey Taffy Thomas flown in from the UK by owner Upali for the occasion. Drama has508 words
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Article601 1980-10-11 14 CHARMAINE CHAN - CHARMAINE CHAN SINCE squash has gone worldwide, there's been some talk that locally-held tournaments should present cash prizes rather than vouchers. Let's examine the situation in its proper perspective. The just concluded 11th Anchor Singapore Open Squash Championships has raised some valid points concerning the inappropriateness601 words
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Article465 1980-10-11 14 RONALD KOW - By RONALD KOW THE EXPLANATION glvea maads simple witgfc. It was Jast a "nb-af" betweea (fee Malayslaa iptrto mlalstry ud the FwtkM Awictottw sf Malaysia (FAM) that malted la tke withdrawal ef the lavftattaa to Chlaa hr aezt week's MeiMa Cap seeeer tearaa465 words
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Article, Illustration585 1980-10-11 14 PEEBLE - THE EXECUTIVE JOGGER J By PEEBLE ONE OF the best things about jogging is that you don't have to learn how. Unlike other sports such as tennis, squash, swimming, jogging doesn't require mastery of special skills or technique. You need neither court nor pool nor playing field585 words
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Article, Illustration856 1980-10-11 14 NG LORE MOON - NG LORE MOON THE USS Nimitz is an awesome war machine. Billed as the most powerful warship in history, the aircraft carrier is nuclear-powered and packs some of the most advanced and sophisticated fighter planes in the United States armoury, principally the F-14 Tomcats. "The856 words
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Article894 1980-10-11 14 Runners riders and form guide for the Singapore Gold Cup to be run at Bukit Timah on Sunday. Fifteen horses will contest the 2,200 m race, with a purse of $84,000 to the winner. 1. Bmm Fee (9) Most experienced and probably best of the local894 words
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Article1060 1980-10-11 14 C RICHARDSON - TRAINER-JOCKEY PARTNERSHIP C RICHARDSON THE MOST powerful training forces and riding talents in British and Irish racing will line up in amended formations for the campaign starting in March next year. In a burst of signing-up activity resembling a hectic spell in the soccer transfer1,060 words
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Page 13 Advertisements
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Advertisement130 1980-10-11 13 BUSINESS TIMES GIVES YOU THE EDGE ALL prepared for an enjoyable weekend at the Turf Club? HYPERION, our racing correepondent, ia. He can't wait to be there aitten comfortably, with a drink in hia hand, hie eyea fixed on hie favouritea and hia eara listening intently to the betting odda.130 words
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Advertisement10 1980-10-11 13 [BUSINESS TIMES When we say business we mean just that10 words
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Page 13 Miscellaneous
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Miscellaneous343 1980-10-11 13 WHAT WHERE RECITALS AT THE Singapore Conference Hall on Monday, at 8.30pm, is a Guitar Recital by Jaliaa Bynattne. Tickets at $15, $10, $8, $5, and $2 from C K Tang, Cold Storage and National Theatre. Presented by National Theatre Trust. THE Blagapore Symphony Orchestra will give two performances at343 words
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