The Business Times, 24 January 1981
1981-01-24
1
14
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The Business Times
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Title Section10 1981-01-24 1 BUSINESS TIMES M.C.(P) No. 107/1/81 SATURDAY, JANUARY 24,1981 60 CENTS10 words
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BRIEFLY...
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Article73 1981-01-24 1 AFP MANILA, Fri. The Philippines' integrated pulp and paper industrial project had been dropped in favour of a copper fabrication plant upon the approval of the Asean Committee on Industry, Minerals and Energy. Deputy Industry Minister Ed gar do Tordesillas told a press conference today that AseanAFP - 73 words
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Article55 1981-01-24 1 AFP TAIPEH, Fri. Military sources confirmed here today that Taiwan is buying some 53 obsolete USmade F-104 intercepters from Belgium between now and 1964. The aircraft are the Lockheed manufactured F-104G single-seat and TF-104G two-seat trainer versions of the jet interceptor which the Belgian government plansAFP - 55 words
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Article70 1981-01-24 1 AP LONG BEACH, California, Fri. Due to a slowdown in light truck sales, Toyota says its sole US manufacturing plant here will close for two weeks beginning next Monday, forcing the temporary layoff of 335 workers. A spokesman for Toyota Motor Manufacturing USA Inc. yesterday blamed the poorAP - 70 words
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Article67 1981-01-24 1 Reuter BANGKOK, Fri. Thai troops have opened fire on a Laotian boat in the Mekong River, killing the captain, in the latest of several incidents caused by the Thai side, Laotian news agency KPL said. A KPL report, quoted today by the Vietnam News Agency (VNA) monitored here,Reuter - 67 words
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Article71 1981-01-24 1 Reuter JAKARTA, Fri. President Suharto has suggested the establishment of cooperatives in which Indonesian workers share in the profit of public companies, according to Indonesian Labour Federation chairman Agus Sudono. Speaking to reporters after a federation delegation called on the President yesterday, he said the Mr Suharto stressedReuter - 71 words
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Article65 1981-01-24 1 AP MOSCOW, Fri. The Soviet Union announced today the grain harvest in 1980 was 189.2 million tonnes. The figure fell well short of the goal of 235 million tonnes, but was a slight improvement over 1979's poor harvest. In 1979, the Soviet Union took in 179 millionAP - 65 words
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Article66 1981-01-24 1 AP WIESBADEN, West Germany, Fri. A number of former American hostages show symptoms of psychiatric illnesses resulting from their captivity in Iran, doctors treating them said today. Dr Jerome Korcak, head of a special State Department medical team flown here to look after the returnees, saidAP - 66 words
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Article129 1981-01-24 1 Rises Indices Pegi Mai* 1140 90 Jan 22 Jan 23 Prima B Raya U O I 610 620 322 50 45 41 B.T.Indicator: *****.*****52.15 Industrials: 711.65 719.07 Klafi Apollo 1390 40 Finance: 1367.59 1378.62 370 40 Hotels: 887.43 907.26 OUE 855 35 Properties: 650.52 661.11 Sea View129 words
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Article, Illustration152 1981-01-24 1 Rises Indices Petaling 2100 100 J«n 22 Jan 23 M Rice 675 40 C Prop 420 30 B.T.Index: *****.*****65.13 M Textile 472 30 Industrials: 874.62 878.81 Supreme Corp 472 30 Finance: 1344.83 1353.24 Hong Leong Ind 615 30 Hotels: 412.07 411.77 BRaya 645 30 Properties: 798.24 806.44 M152 words
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Article764 1981-01-24 1 FOO CHOY PENG - TWO-PRONGED ATTACK By FOO CHOY PENG THE GOVERNMENT is planning a two-pronged attack on the problem of jobhopping, and has made its intentions known to leading employers associations. In detailed papers prepared by the Ministry of Labour, generous incentives and harsh disincentives are being proposed.764 words
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Article236 1981-01-24 1 CONTRACTORS who employ construction workers under block work permits will have to pay both the employer's and employee's shares of Central Provident Fund contributions but these will be credited to the workers' accounts only if they remain in the construction industry for at least three236 words
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493 1981-01-24 1 RONNIE LIM - By RONNIE LIM THE NATIONAL oil companies of Malaysia and Indonesia have allayed fears of a slowdown in the volume of crude oil to be sent to Singapore for processing this year. In an interview with Business Times, Pertamina president-director Major General Piet Haryono dismissed493 words
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Article255 1981-01-24 1 THE stock market forged strongly ahead yesterday with trading characterised by high volume and high volatility. The Straits Times industrial index jumped a good 7.42 points to close at 719.07, pitching it a marginal 2.63 points away from its all-time high of 721.70 reached last November.255 words
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254 1981-01-24 1 SINGAPORE staads to toe ilBMt half of Its privileges uder the US geaenltol scheme «I prrfewMi (GSP) if the Amerleti Caagreas puM a legislation to reelaaslfy the extetlag prad■ct gnap. Slagapare exparts caver Ml of the t,BM tariff items that quttfy far daty-free254 words
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472 1981-01-24 1 FLORENCE CHONG - By FLORENCE CHONG QANTAS has officially approached a number of airlines, including Singapore Airlines, in a bid to undercut government-approved minimum rates for air cargo transported between Australia and Singapore. Airlines operating out of Australia are required by Australian law to abide472 words
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Page 1 Advertisements
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Advertisement15 1981-01-24 1 I The Straits C T? a ies Times JSStI S^CTORY Agencies Singapore I (Buku Merah)15 words
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Advertisement94 1981-01-24 1 M Lvnn; NEW CAT Vow a new golf dub with adjustable swingweight i to further improve J your game. I Unique and sensational ftnaly.' a club with adjustable swingweight j to give you a truly freer swing i a swing all you owi and one that I matches you stroke94 words
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Advertisement77 1981-01-24 1 See keek page eel 1 leisure times MORE protects lietiM uder DUFF Deveitpmeite'i efforts Amu PTA 5 ptytig afl 11 WEST Germaa eeatral htiker BO VIS S—tfc emst AaU M^aini speaks Us m1id........................ 7 Prwnet..................—.— 12 WHY S'ptre Mig MttoHEli Uaderpiulngs 9t the Iml «U I—■ gydlftl— reflalMg 1adi5try....................... 1277 words
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Advertisement49 1981-01-24 1 SINGAPORE hi FOR PEOPLE WHO MATTER ()n/l_l>>r Thou- u h<> kn'.u ah'.Nt unu lituuiuluu fmru Lu/itt f r/i>'■ red unit that is tmpeciM 1} mcllou. And u omplnncnl I" utr, J/rune affair *(.aJ: i.'* f r<,m //> t tnu \t i:tu yard» of brume. GALVET U <.// n nomitJ branch49 words
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REGIONAL
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499 1981-01-24 2 Reuter CHINESE Premier Zhao Ziyang will leave on Monday for Burma and Thailand on his first oversea visit since taking over the top government post last September. Diplomatic sources in Beijing said talks during Premier Zhao's visit to Thailand were expected to centre onReuter - 499 words
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Article, Illustration429 1981-01-24 2 COURT REJECTS APPEAL Reuter PRESIDENT Chun Doo Hwan of South Korea yesterday commuted the death sentence imposed on leading dissident Kim DaeJung to life imprisonment. A government spokesman said the president, at a meeting of the State Council, agreed it was appropriate to spare Kim's lifeReuter - 429 words
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Article315 1981-01-24 2 UPI JAPAN will double its official development aid during the next five years, officials said yesterday. The officials said Prime Minister Zenko Suzuki yesterday approved the plan set forth by Toshio Kohmoto, director-general of the Economic Planning Agency (EPA). Details of the plan will be includedUPI - 315 words
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309 1981-01-24 2 Reuter JAPAN yesterday decided to lift its six-month-old economic sanctions against Iran from Monday, a government spokesman said. The decision was made by the cabinet, which also made necessary revisions in the export trade control and foreign exchange control laws, he said* The sanctionsReuter - 309 words
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THE REGION IN BRIEF
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Article368 1981-01-24 2 Agencies BURMESE Foreign Minister U Lay Maung, on an apparent Indochinese peace mission, has delayed his return to Bangkok from Hanoi to make up for lost time. Mr U La? Maung, who arrived in Hanoi on Thursday, 24 hours later than originally scheduled, will returnAgencies - 368 words
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275 1981-01-24 2 Reuter JAPAN is to provide 48 billion yen (US$24O million) to finance a urea fertiliser plant in Malaysia, one of five large-scale industrial plants jointly agreed by the five-member Association of South-east Asian Nations (Asean), according to official sources in Kuala Lumpur.Reuter - 275 words
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410 1981-01-24 2 Reuter, UPI AUSTRALIAN Trade and Resources Minister Doug Anthony yesterday rejected Japanese requests for easier investment rules for Australian energy and resource projects. Mr Anthony said after two days of talks with Japanese officials that Australia's policy of requiring at least 50Reuter,; UPI - 410 words
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222 1981-01-24 2 AFP INDIA has told Britain that it would be difficult for the country to continue with a liberalised import policy unless its own exports were allowed greater access to the markets of developed countries as well. The Indian views in the matter wereAFP - 222 words
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Article830 1981-01-24 2 ARRIVALS Service Local Operator Number Time From SIA SQ101 0815 KUL MAS MH606 0830 KUL MAS MH621 0835 PEN MAS MH671 0930 KUL SIA SQ211 1000 HLP CAL CB14 1000 HLP CPA CX710 1005 HLP SIA SQioa 1000 KUL GIA GA850 1030 HLP MAS MH672 1060 BKI830 words
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Page 2 Advertisements
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Advertisement152 1981-01-24 2 This is a completely revised edition of a dictionary which is unrivalled as a catalogue of English words as they are now used in print and speech. Included are new words of the last few years and hundreds of post-war words and senses. The entries range from the most colloquial152 words
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OVERSEAS
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311 1981-01-24 3 UPI, AP POLISH soldiers and Soviet motorised infantry units are holding joint military manoeuvres in Poland, the Soviet military newspaper reported yesterday. The previously unannounced field exercises coincided with a new series of strikes called by the Solidarity independent trade union, and wereUPI,; AP - 311 words
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Article, Illustration360 1981-01-24 3 EXPECTED ARRIVALS TODAY KEPPEL WHARVEB Altair (0700 after Luna Marina) 27/28 Donam No. 7 (after Nitchu Mara) 33/34 Golden Eagle (0600 after Dong Nam) 23/24 lonian Sea (after Centaur) 8/9 Lumut (1700 Subject Free Board) 20 West Kota Pahlawan (0700 after Strathmore) 10/11 Nitchu Maru (RO/RO) (1600)360 words
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189 1981-01-24 3 Reuter THE British Export Credits Guarantee Department (ECGD) said it is launching a new scheme to help UK exporters counter unusually "soft" export credit terms offered by overseas competitors. Details of the scheme, expected to run for about two years, were announced in ParliamentReuter - 189 words
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571 1981-01-24 3 NYT THE REAGAN Administration said it "fully intends" to carry out the commitments to Iran such as an end to the trade embargo made by the Carter Administration to secure the release of the 52 American hostages. Putting to rest speculation thatNYT - 571 words
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Article570 1981-01-24 3 Reuter, AP AMERICAN Defence Secretary Caspar Weinberger said the United States must greatly increase its military strength and restore the strategic balance in order to preserve peace. In his first full day in office on Thursday, Mr Weinberger sent a message to all members ofReuter,; AP - 570 words
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Article250 1981-01-24 3 Reuter THE West German economics ministry, in a major downward revision of 1961 growth prospects, now expects the country's real gross national product to stagnate or contract by up to one per cent, a ministry spokesman said. The forecast, likely to be incorporated in the government's annualReuter - 250 words
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WORLD IN BRIEF
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Article411 1981-01-24 3 Agencies TWO US oil giants have announced huge increases in their profits for 1960 over the previous year, reflecting higher world oil prices. Standard Oil Company (Sohio), citing higher crude oil prices and increased output from its Alaskan wells, reported a 53 per cent riseAgencies - 411 words
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Article, Illustration241 1981-01-24 3 Reuter BRITAIN'S Times newspapers will be sold to Australian publisher Rupert Murdoch on condition that he can reach agreement with trade unions on manning, its present owners said. The Canadianbased Thomson Organisation put The Times and the Sunday Times up for sale last October because ofReuter; AP photo - 241 words
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476 1981-01-24 3 Reuter A HIGH-LEVEL mission headed by Tunisian diplomat Habib Chatti and including three foreign ministers arrived in Teheran early yesterday to persuade Iran to attend the summit of Islamic leaders in Saudi Arabia, officials said. But shortly before the delegation arrived parliamentaryReuter - 476 words
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Page 3 Advertisements
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Advertisement216 1981-01-24 3 IP Management Science: Management Science has demonstrated itself to be a powerful decision making approach to a wide variety of managerial contexts. This book will give every reader a fuller insight into the method of management science. Humen Behaviour in Organizations: This book is primarily concerned with understanding, predicting, and216 words
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Advertisement244 1981-01-24 3 Sime Darby Bertiad GROUP LEGAL ADVISER The Sime Darby Group wishes to appoint a qualified Malaysian lawyer to the post of Group Legal Adviser. The successful candidate will be a member of the senior management team, reporting to the Group Secretary. The post is a new one and will carry244 words
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RAW MATERIALS
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296 1981-01-24 4 A DECLINE of eight cents was registered for the week as prices eased back daily, from a high of 292 cents for February One RSS to close at 284 cents a kilo, says Hcttday, Catler, Bath aad Ompany in its latest review296 words
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Article154 1981-01-24 4 WHEAT futures in Chicago on Thursday closed 10 3 i to 13 cents a bushel lower in active trade. Prices settled near the middle of an 18'/« cent range. Private forecasts of increased precipitation over the weekend in major north and north-western wheat crop areas, weak technical aspects and154 words
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Article118 1981-01-24 4 SOYBEAN futures in Chicago on Thursday closed 28 Vt to 14 cents a bushel lower in active trade. Prices settled at or near the bottom of a 27 Vi cent range. Strength in the dollar along with continued sluggish export interest triggered local long liquidation which pressured values from118 words
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Article204 1981-01-24 4 THE Singapore market yesterday closed slightly lower with February One RSS buyers quoted at 279.50 cents a kilo, down 2.75 cents from Thursday's close, dealers said. After that, prices held quietly steady around lunchtime levels until after the close when levels shot up two cents on covering interest and204 words
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Article317 1981-01-24 4 RAS prices In cents per kUo yesterday: Noon (per kilo) Buyers Sellers Int. 1 R.S.S. prompt (.o.b. 278.50 279.50N Int. 1 R.S.S. Fetruary 280.50 281.00 Int. 1 R.S.S. March 284.25 284 75 Int. 2 R.S.S. 20.00 266.00N UK/Cont 264.00 265.00N Int. 3 R.S.S. 262.00 263.00N UK/Cont ***** 262.00N317 words
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Article114 1981-01-24 4 NOON SSR and SMR prieaa veeterday HAS SSR 20 SSR 90 MULB U-hx (1-toi i pallet) i pallet) hbrun Current Mtk) Buyer* Seller* 243.50 244. SON 240 00 241 00N March tForward Mth) Buyer* Sailer* 245 00 247 00N 241 50 243.50N SMRCV SMRL SMR 5 SMR114 words
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Article80 1981-01-24 4 THE STRAITS tfi price in Penang yesterday fell 1« cents to M53C.45 a Idle bat ffu still within the International Tin Agreement's middle range price of $31.11 to $32.74, dealers said. The (all was mainly attributed to a weakness of sterling against the Malaysian dallar and a slightly80 words
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Article34 1981-01-24 4 Rubber Jan 23 Singapore: February: 279.50 cents (down 2.75 cents) Malaysia: February: 302.50 cents (down 1.50 cents) Tin: M 530.45 per kilo (down 10 cents) Official offering: 162 tonnes (down 18 tonnes)34 words
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Article113 1981-01-24 4 WESTERN world primary aluminium output was at a record level for the fourth successive year in 1960. The International Primary Aluminium Institute revealed in its latest figures on Wednesday that total production reached 12,604,000 metric tons, or 7.6 per cent more than in 1979 (11,800,000 tons). There113 words
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Article171 1981-01-24 4 CHINEBE PrHiee Beehaage, Shppm, dcstag prices per IN kg yertwtoy. Cmnl tM: Bulk fob $129.00 sellers, old drum (in second hand drum) fob $138.00 sellers, new drum fob $145.00 sellers. Copra: Mind (looset <79.10 buyers. Peppar: Muntok white pepper fob Asta NLW $440.00 sellers. Sarawak white pepper faq171 words
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Article193 1981-01-24 4 YARN and cotton prices were quoted as follows In Hongkong yesterday: (In HK dollars, spot ex-go-down) Csttsa yarn: China Blue Phoenix 30s 2,060; 32s 2,705, 40s 2,900 (per bale of 400 lbs). Pleee geeds: China Butterfly and Globe brand unq; Dragon Head unq; Five Lambs unq; Flower and Butterfly193 words
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Article333 1981-01-24 4 SINGAPORE: Yesterdays closing prices in SI per kilo, ex-godown: THAI WHITE: 100 per cent first class (Kangaroo) new crop 1.17, 100 per cent second class 0.97, 100 per cent third class 0.96, 25 per cent new crop no stock, B-10 per cent 0.85. THAI BROKEN: A-super 0.77, Special 0.75.333 words
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Article880 1981-01-24 4 COWEE: Robusta futures yesterday ended a very quiet opening call three to £4 a tonne down from yesterday where traded, on a volume of 13 lots. Losses were about in line with Thursday's New York close, but there were no fresh trading incentives and this was reflected in880 words
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Article149 1981-01-24 4 IN THE Kuala Lumpur market yesterday, values eased slightly in line with Thursday's lower Chicago market, but the decline was only marginal as further refiners covering checked the fall, dealers said. In January, the central region dropped M 57.50 to (1,002.50 a tonne. In February the southern region149 words
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INTERNATIONAL STOCKS
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520 1981-01-24 4 TOKYO SHARE prices yesterday fell on profit-taking with many investors cautious about the high price level following the further fall on Wall Street, dealers said. The market average fell 25.76 to 7,267.52 in moderate trading volume of 360 million shares. The Tokyo Stock Exchange520 words
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Article307 1981-01-24 4 TRADING yesterday was mixed on lower volume as the market consolidated after its recent losses. The market opened weak but strengthened gradually to close off less than one point. The 11am index was down seven points. Swire continued its fine performance of recent weeks by adding 40 cents to307 words
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Article330 1981-01-24 4 FURTHER (alls in key metal prices yesterday and warnings that US interest rates could resume their climb saw the market (all to its lowest in (our months, brokers said. A 9.1 point (all in the Australian all ordinaries index to 689.7 represented one of the sharpest one-day declines of330 words
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Article252 1981-01-24 4 STOCK prices yesterday continued to firm in moderate trading, dealers said. Siam Cement rose two baht to 114, United Flour Mill three to 166, Rama Tower one to 86.50 and Saha Union one to 197 baht. JAN Z3 Bahts Asia Credit 123 unch Asia f ibre 143 2 Ayuthaya252 words
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Article149 1981-01-24 4 THE market yesterday was mixed as commercial and industrial stocks firmed and miners and oils eased, on turnover sharply up from 3.8 million to 8.4 million pesos, dealers said. Surigao Con B and PLDT closed higher while among losers were Atlas Con B, Philex B, Basic Petroleum, Podco B149 words
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Article50 1981-01-24 4 FINANCIAL TIMES INDUSTRIALS Thursday 457.1 Wednesday 461.7 Week Ago 448.5 DOW JONES AVERAGE INDUSTRIALS Thursday 940.44 Wednesday »46.25 Week Ago— 969.97 H.K.HANG SENG Friday *****2 Thursday 1532-27 Week Ago 1619.47 AUSTRALIAN INDUSTRIALS rrtday 667.6 Thursday 661.4 Week Ago 646.6 ALL ORDINARIE8 rrtday 669.2 Thursday 676.7 Week Aco «w50 words
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Page 4 Advertisements
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Advertisement213 1981-01-24 4 AN INVALUABLE GUIDE to the banking, finance and insurance community *1* ■m wm r,: si.* (KH S ssxa w V -A s§s V ..< K< K *■■.1+ M" I ra «b 4* M ;VS*;n-Y* He ,*v •"»>«<■.' v# M. *Vl f l^»Vf *4 L'v 3k J—II 1 w V* mar213 words
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TRADE AND INDUSTRY
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367 1981-01-24 5 THE first new industrial union to represent workers in the shipbuilding and repairing industry will be registered in two to three months. The prospective members of the union held their first general meeting yesterday to appoint a protein committee to oversee the formation of367 words
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Article397 1981-01-24 5 HIGHER food prices was the main contributor to the higher cost of living last year. The food group, which accounts for nearly half the weight of the consumer price index, rose 7.7 per cent last year. With the exception of cooking oils and fats, practically all397 words
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Article196 1981-01-24 5 MALAYSIA will not relax its ban on the export of ungraded timber through Singapore for the moment. The ban is in line with the Malaysian Timber Industry Board's policy of ensuring that export facilities at Pasir Gudang port in Johore are fully used. The board, however, will196 words
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Article, Illustration105 1981-01-24 5 MANDARIN Singapore hotel has installed a Rank Xerox reduction duplicator (abcve) to complement facilities offered convention organisers and businessmen by its executive service. The Rank Xerox duplicator can reduce the size of any document by 15 per cent to 40 per cent while producing duplicated copies at the105 words
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249 1981-01-24 5 INDONESIA is inviting agro-based companies to invest in its agricultural sector. Although there is a need to expand agriculture and increase farm output, Indonesia is aware that it cannot do it alone. It requires foreign investment. This point was made by Achamba Rachman,249 words
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Article372 1981-01-24 5 THE Vocational and Industrial Training Board and the Singapore Manufacturers' Association are organising weekend skill development courses for workers unable to attend the part-time evening classes currently run by the VTTB. Koh Chong Tek, VITB's divisional director (continuing education), said yesterday that the courses will provide additional372 words
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Article310 1981-01-24 5 ANOTHER 1,500 products have been accorded trade preferences under the Asean Preferential Trading Arrangement, bringing the total number of products under the PTA to 5,825. These products were included in the PTA at the 10th Asean economic ministers' meeting in Bangkok last October. The Department310 words
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Article495 1981-01-24 5 THE Government should set standards (or hand cleansers used in industries because the use of improper cleaning agents may damage the hands of workers. The suggestion was made by Rex Wright, manager of an Australian manufacturer of hand cleansers. Mr Wright is now in Singapore visiting dealers495 words
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Page 5 Advertisements
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Advertisement179 1981-01-24 5 *7 "m a? n SP* ia^s *< <- 2 V'' ff ir VL 7 r a p7 ss v A < Subscribe iv Business Times now and gel 4! issues fn Subscribe to Business Times directly and save $25 (Its like getting 41 issues free) Here's a great opportunity for179 words
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Article418 1981-01-24 6 THE CARROT and stick combination which the Government proposes to hand to employers in the continuing battle against Job-hoppers is a mighty one indeed. The computer-based job record scheme recently implemented by the Central Provident Fund (CPF) was a move in the right direction, but alone418 words
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Article333 1981-01-24 6 THE SIA-SIAPA dispute has inflicted its fair share of wounds on both sides. Whatever harsh words that were necessary in the dispute have been uttered. The task now is to mend the fences, however broken. Cordial industrial relations between the management and pilots of SIA is333 words
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Article, Illustration1950 1981-01-24 6 RUTH CHENG - Airbus Industrie has emerged as a veritable contender for the crown of the sky. RUTH CHENG, who visited its plants in Hamburg and Toulouse on the occasion of the delivery of the first BIA Airbus, discusses the co-operative efforts put in by various companies to make Airbus what1,950 words
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Page 6 Advertisements
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Advertisement322 1981-01-24 6 Train As A Company Sales Executive W Ml and leave that poor job behind you! BE TRAINED BY THE SPECIALIST THE NATIONAL SCHOOL OF SALESMANSHIP, UK through FEDERAL PUBLICATIONS HOME STUDIES DIVISION The happy family, the housa and tha car could ba Yours. With you in a prosperous naw job322 words
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Page 6 Miscellaneous
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Miscellaneous145 1981-01-24 6 1 Place of worship 2 Speak Indistinctly 3 Pom (4) 4 Regret (T) 9 Notion (5) C WaetM time (5) t Wtae man (4) Vl* (S) 12 Decay (3) 11 Pieyetly contract (5) IS Retail owtlets (5) 3 (i) (5) CRYPTIC PUZZLE 1 Fatal daw I get in a spoon,145 words
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Miscellaneous678 1981-01-24 6 ABC Wide WarU Of Sports OghL Telecast tram LM ea- mme km. Ike mnlds ghres way to Tap Buk wards, Ike flrrt fight m J*® SLm, rw iv w. wto<* will Mi to to Lm Vegu Jut Claire «to Ml «ly to yy J*™ n 1172. Mi toe ether teak678 words
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Article, Illustration814 1981-01-24 7 DAVID BUCHAN - By DAVID BUCHAN FT THE WORLD Bank is perturbed that its unusual cancellation of a US$25O million project loan to India following a dispute over a switched consultancy contract could sour relations with its biggest customer. India borrowed no less than US$l.66 billion in 1979-80FT - 814 words
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Article1118 1981-01-24 7 STEWART FLEMING - Karl Otto Poehl can look back on his first year as president of the Bundesbank with some sense of relief that he is unlikely to have to face a tougher 12 months than the period he has just been through. But that is not to say hisFT - 1,118 words
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Article838 1981-01-24 7 RUSSELL BAKER - FORUM with RUSSELL BAKER NYT WELCOME back, ladies and gentlemen. The world you are re-entering, I am happy to report, is not markedly changed from the world you departed late in 1971K As you doubtfcss know, the United States, continuing its irritable quest (or politicalNYT - 838 words
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Page 7 Advertisements
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Advertisement139 1981-01-24 7 A GOOD YEAR Everyone knows that the economy performed reasonably well last year but our Trends section goes one up and declares 1980 an outstanding year for Singapore Find out why in the January issue of Singapore Business. Other major articles include Air Couriers: The Vital Link Timber: Branching Out139 words
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INTERNATIONAL STOCKS
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EUROPEAN MARKETS
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Article280 1981-01-24 8 JAN 22 Frs CORBEILLE Air-Iaquide 478 -1.5 BSN (ifrvais Danone 990 -20 t* S K (ThomsonM) 363 -2 Cie Kruncauif des Pet roles t'ompaicnie Kinancirrp 402 Compazine Generate ***** 0.5 Credit Foncier lie Krancr Mac he lie (Libra iri«* i 379 8.5 Machines Bull 55 60 0.5 Mirhflin i280 words
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Article213 1981-01-24 8 .1 AX 1' H.H A UN 274.00 -1 Ahold 69 20 -0b Ak/o 17 10 unch AM IV 9150 unch AMIJ» 115 80 -02 Ainrohnk 57 JO 0.3 IWkovn 1650 -15 lu-rk 47 00 -1 5690 0.1 ItorMinuj 205 20 1.7 Burtimann 57 50 unch livrnkorf 37 30 -0213 words
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Article231 1981-01-24 8 JAN 22 Dm A«u-Telelunken 70 70 06 Akzo 1590 *01 Allz I rfjfii *****0 unch All! Vers 487.00 2 BASK 122 20 02 Buy H T Wbank 209 50 -855 Bay Vbank 294 90 -4 1 Bayer 110.30 01 BBt 262 00 BMW 148 OOB -2 Cassella 300 00231 words
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Article92 1981-01-24 8 JAN 22 m FORWARD MARKET Act* 276 1 Arftr<l 1134 -58 Astur 420 -10 Bra-scan 956 4 Bru-Lamb W2 -S C'anpac 1002 unch Cock 157 -14 1> BWTX 315 unch E(*s 1600 10 Eleclrobrt 3010 -20 Gb-lnno-Bm 2005 unch C«-v 1300 unch Hobok 2500 -10 Petro 5000 -20 Ryl92 words
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Article191 1981-01-24 8 JAN 22 Krano» An ion* Sulvws 297 unrh Alu.sui.vse Br 1125 -10 Alu.sui.vw Rp( 438 -t Brown Bovrri Br 1440 ♦5 C'lbo Ciriicy Br 1020 >20 I'iba Cirig'v P C TOO -►20 Ciba Geigy Rr» 558 -1 Crrdil Suuur Br 2700 -25 C'rrdll Suiht Rrn 462 -4 Klrkirowjti Br191 words
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Article102 1981-01-24 8 JAN 22 Lot Anir a 10 0.1 Aaoc Gen *****0 5150 821 -19 t>nlrjlf r. ***** 1100 Kut 2300 no Mm 79.1b 5 75 On Imniob 2830 103 IH Pn 5280 320 lulreiuenti ***** 3300 I Ulcus 1785 25 IUIsider 290 1 Mucneli V PI 660 103 Murrlli Err102 words
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Article201 1981-01-24 8 JAN 22 CI AhilttM s A lean 38 Aigom.i j» i Bank Mont 32 Bunk Nova Scuiia 33 > Bfll Trt 19 Beth Corp BP Can Ltd.. -to unrh Bra .sr a 11 35 Caiup Rrd Lake 64 •I'» Can Imp Bk 28 Canpac Cunpur Inv PI 20 unch201 words
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Article299 1981-01-24 8 J AX 22 Rand INDUSTRIALS A Alpha 30S -5 Ar*»n 0111 31S -5 At And CI A MIC* BMiows 825 2525 unch -25 10*5 •5 rSA 530 •10 Cumr Finance 220 -5 l* Ind Kdcon 2700 627 unch -6 Kd|jr> 870QS Ewwiii Ked Vtftk 475 •10 hugn 235 -2299 words
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Page 8 Advertisements
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Advertisement229 1981-01-24 8 Where to wine, dine and entertain Snacks for your island treks 4 ft, Take your pick: Curry Puff Chicken Pie Gateau Cake Hot Dog Hamburger Sandwiches Roast Beef Bun Pack Lunch Open: Monday Friday 10.00 a.m. 6.00 p.m. Saturday, Sunday Public Holidays 8.00 a.m. —6.00 p.m. Si Dolphin Snack Shop229 words
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Advertisement115 1981-01-24 8 faiw.i: wat:: I'm 1 J For sushi. For teppanyaki. For other authentically Japanese delights. Open daily 12 noon 3p. m 6 30p m —10 30p ni For reservations call *****77 j l'*) I'lilun I*i ii'k SI t« -I-j id >i i Si i m kit FISH HEAD CURRY AT THE115 words
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Advertisement72 1981-01-24 8 See Page 4 for Asian stocks and Page 9 for NYSE prices The Great Family Do-ltAburself Barbecue A Merlin Grill Speciality From Mongolia comes a barbecue more succulent more delicious than any barbecue you have ever tried before Only at the Singapore Merlin Lunch from 12 noon 2.30 pm at72 words
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Advertisement159 1981-01-24 8 QQQGO Inn Of Happiness Now open at the Hilton 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. Ifitf HUON MTGRNATIONAb SMGAPORE 1159 words
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Advertisement144 1981-01-24 8 Whatever your taste, the Cockpit Hotel makes it great. Dragon Palace Restaurant Siamese Seefood Ma' ra famous for our Restaurant Cantonese Cuisine Tha Siamese SMfood Restaurant is as good as Bangkok! Jrk m Victoria Bar Tha Coftaa-Housa Relax in an atmosphere of For informal meals and elegant days gone by.144 words
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Article1088 1981-01-24 9 NEW YORK STOCK MARKET THE NEW YORK stock market on Thursday extended its retreat through a fourth straight session as the oil and defence groups led the market broadly lower in moderate trading. Analysts said new worries about interest rates undercut a weak early rally. Salomon Brothers partner1,088 words
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BANKING AND FINANCE
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Article, Illustration359 1981-01-24 9 SINGAPORE loses out to Hongkong in loan syndication business because of higher tax and the close proximity of major borrowers like South Korea and the Philippines to Hongkong. This was stated by Mr Tetsuya Horie, managing director and general manager (inteniationaf359 words
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Article237 1981-01-24 9 OVEBBKA-€htoeae Baakiag Cfpratt— will preceed with plaas to toateil a«tomated teller ■tellies (ATMs) at Ito kraaehes. With toe DMve, It will toe tolr* lecal leak (after Halted Overseas Baak aid ladaatrtol aad Ce—ertol Baak) to after eltictreale kaHag aai faai traaafer services. Per237 words
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Article393 1981-01-24 9 THE CHARGE CARD Industry in South-east Asia recorded a steep rise last year with several million dollars of business transacted with the American Express travel and entertainment card. This represents a 61 per cent increase over 1979. Slightly over half of this volume was spent in393 words
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669 1981-01-24 9 Reuter INCREASED foreign trade and the revival of the domestic insurance market, for the first time since 1968 boost The People's Insurance Company of China (PICC)'s profits in 1980. He Yannan, deputy manager of the company's administration department, said some of the profits are beingReuter - 669 words
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Article186 1981-01-24 9 ARAB-MALAYSIAN Develapmeat Bank yesterday ««averted Its bnur affshare braack la Bshrala lata a anbsMlary baak called Arab Adaa Baak E C with aa Initial paid-ap capital af UB$M milHea. A statement (rem Arah-Malayriaa Develapmeat Baak dlsetased tkat batk tke Bshrala Maaetary Ageaey ud Baak Negara kave given186 words
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221 1981-01-24 9 LORD Kindersley, a leading British banker, has hinted at the possibility of foreign banks favourably responding to India if it decided to tap Euromarkets for credits to finance development projects. He said in that case these banks might form a large consortium to221 words
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Article35 1981-01-24 9 THAILAND'S gold and foreign exchange reserves rose to US$3.O5 billion at endDecember up from $2.96 billion at end-November. Reserves at end-1979 stood at $3.13 billion, an official of the Bank of Thailand said.35 words
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MONEY AND EXCHANGE$
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Article508 1981-01-24 9 THE Singapore foreign exchange market was very quiet yesterday with the US dollar virtually unchanged against all major currencies. The German mark however, was an exception. Against the pound, the US dollar opened at 2.4070/80. At the end of the trading day in Singapore, it closed at 2.4060/70.508 words
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Article128 1981-01-24 9 THE US dollar yesterday eased slightly against most currencies in very thin trading ahead of the weekend. Late book-squaring saw the dollar slip to 2.0181/88 marks from an early 2.0203/ 11 still above New York's 2.0145/65 and to 201.40/60 yen from 201.55/65 after 200.90/201.10. The dollar eased to 1.8270/90128 words
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Article22 1981-01-24 9 THE average rate at which major Singapore banks are currently prepared to lend to their best customers is 14.5 per cent.22 words
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Article190 1981-01-24 9 ASIAN ASIAN currency deposit interbank rates as at close on Jan 23: US Dollar*Spot) Offer Bid 7 days 19 9/10 19 7/18 1 month 20*» 20 M 2 months 19 15/10 19 13/16 3 months 19 13/10 19 1/10 6 months 17 13/*****1/10 9 months 10 13/10 10 11/10 12190 words
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Article46 1981-01-24 9 RANGE of prices offered by discount houses on Jan 23: Overnight: 7M% Call deposits: %Vt% to 7V.% Ciosiax Bayiaf 8«Uia( 3-month Treasury bills 0 15/18 613/16 3-month Bank bills 14* 14 3 months CD 12H 12 w 0 months CO 1115/*****3/16 Source: National Discount Co46 words
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Article50 1981-01-24 9 RESULTS of tender held yesterday for 91-day Treasury bills to be issued from Jan 26 to 29: Offered: $80,000,000 Applied for: $136,500,000. Allotted: $80,000,000. Accepted bids: $96.27 approximately 48 per cent and higher bids in full. Average rate W discount en allotment: 6.895 per cent per annum.50 words
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Article114 1981-01-24 9 THE dollar yesterday continued to firm against most major currencies at the opening, mainly due to high US domestic interest rates, dealers said. The US currency opened at 2.0242/52 marks, up on Thursday's closing 2.0235/50 here, the New York close of 2.0145/65 and the late Hong kong 2.0181/88. Eurodollar114 words
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Article241 1981-01-24 9 SINGAPORE gold futures yesterday closed generally easier compared with overnight levels in light trading. Opening quotations were marked down between US$9 to USUI an ounce following the metal's weakness in New York on Thursday. Total sales for the day was recorded at 210 lots including kerbs with interest mainly241 words
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Article89 1981-01-24 9 THE US dollar for overnight delivery yesterday closed at 201.50 yen, compared with a 200.90/201.10 closing in New York, 200.70/80 on the West Coast. Trading was moderate with volume US$79l million. The dollar fluctuated narrowly between 201.50 and 201.65 yen in quiet afternoon trading, dealers said. The dollar for89 words
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Article41 1981-01-24 9 FRANKFURT exchanges closing quotes on Jan 23: US 2.0210/30 Stg 4.865/875 Can 1.6970/89 D F1 91.98/92.08 S Fr 110.30/42 Lit 2.106/10 F Fr 43.23/40 D Kr unq N Kr 38.44/48 B Fr (coo) 6.215/223 B Fr (fin) 6.204/214 Yen 1.0035/5141 words
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Page 9 Advertisements
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1989 1981-01-24 10 BID and offer prices officially listed and business in and reported to the Stock Exchange of Singapore yesterday with the number of shares traded shown in brackets in lots of 1,000 units, unless otherwise specified. SECTION ONE INDUSTRIAL COMMERCIAL Acma (3348 3.406)1,989 words
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Article178 1981-01-24 10 SINGAPORE ITflT TKU8T OUB-MONTAGl (MAfliftrv 1 priccs tar Jaa Ml IMianri' srtoaa tar Jaa NIMl The Commerce 351 3.0 Union Spore Fund 1.43 148 The Savings Fund 110 2.21 INCOME BOND UNIT S pore Prog Fund 152 1.C0 (Carraat pr Income Bond lass) 135 S'pore Sec Fund 2.29178 words
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Article2800 1981-01-24 10 Gr'» Gr'a Net 1980/1981 Last Div Div Y'ld P/E Vol Day High Low Company Sale or- Cvr ('000) High Low SECTION ONE INDUSTRIAL COMMERCIAL 372 245 Acma 334 -4 15.0 2.8 4.4 13.2 1 334 334 300 220 Alcorn 300 12.0 2.5 4.0 17.0 155 116 Allied2,800 words
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Article2087 1981-01-24 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. INDCBTRIALB tkw (2.828) (2) 2.82 (1) 2.84 A Cbae (1) 1.95 xd2,087 words
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LATEST RESULT
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Article26 1981-01-24 10 tangible asset backing per share of Oml Beeartttes liveatmati has risen to $2.08 at Dec 31, 1980 from $2.04 the previous month.26 words
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Article, Illustration666 1981-01-24 10 BULLS stomped the tradtog (tor sf toe Stock Exchaage ef Stogapere yesterday to eae m, toe meet baeyaatsearieaa tokenceat weeks. The meralag trading started ea high velame aad high v«Utility bat teak a slight breather towards At the epeatog heU sf the seesad sesstoa la the666 words
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Article621 1981-01-24 10 BUYING support continued to (low into the Kuala Lumpur stock market yesterday and pushed share prices significantly higher. The rally, building on the previous day's steadier close, boosted the New Straits Times Industrial ordinary share index to a new peak of 878.81, a gain of621 words
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COMPANY NEWS
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198 1981-01-24 11 FRASER A Neave (Malaya) Sdn Bhd was fined M 54,000 by a Malaysian magistrate court for installing a chimney and boiler in its factory in Penang without approval of the Environment Ministry. In the course of the prosecution, a Science, Technology and Environment Ministry198 words
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497 1981-01-24 11 DUFF Developments can look forward to reaping further fruits from its replanting programme as significant acreages continue to mature over the next few years. The harvest of rubber and oil palm fresh fruit bunches will rise and, as Duff chairman Lee Loy Seng points497 words
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Article423 1981-01-24 11 ANOTHER multi-million-dollar company, Malaysian Kuwaiti Investment Co Sdn Bhd, has officially joined the Pernas stable. The company is a joint-venture between Pernas and two Kuwaiti institutions. Pernas holds 52 per cent of the equity of the company, Kuwaiti Real Estate Investment Consortium KSC (KREIC) holds423 words
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Article425 1981-01-24 11 Date Last Fall Yea X Ctmpuy Peried AuNoeed Net EPS Grass Pre-tax last year (eeats) Div. Preflt <%> Pahang Cons F 16/11 1.5 2.5 1,634 Roth mans I 25/1 47.4 20.0 23.891 Ayer Molek F 26/1 24.8 20.0 434 SP Textile F 28/1 10.4 8.9 4,153 Semb Shipyard425 words
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Article102 1981-01-24 11 GROUP pre-tax earnings of Malayaa Cemeat amounted to M 517.18 million ($13.28 million previously) for the year ended Nov 30,1900. After providing for taxation, profit was trimmed to $9.58 million against $7.96 million previously. In respect of the improved results, the directors have declared a second interim dividend102 words
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Article, Illustration693 1981-01-24 11 w by HOCK LOCK SIEW "THE directors will continue to seek whatever fresh avenues of investment," said the chairman of Pahang Consolidated in his last financial review. And the company's recent divestments seem to be geared towards this end. Within a period of about fourby HOCK LOCK SIEW - 693 words
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Page 11 Advertisements
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Advertisement161 1981-01-24 11 j£a i i jji' r* Ml J% r ?s£»« hL iWA m <s> V ■iWmMam i ISh v *1 *r-» I H xmmmmttt X JL f I <s KT Wfe ve soared to dizzy heights Circulation has doubled in three years: an amazing record! Since Business Times was first published161 words
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464 1981-01-24 12 MOST OF the refineries in Singapore have managed to maintain maximum efficiency by introducing improvements in the form of new secondary processing units. As a result, they are able to produce and maintain adequate stocks of a wide range of petroleum products to supply other464 words
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Article547 1981-01-24 12 CONSTRUCTION company Bo vis South-east Asia has acquired Promet Private Limited of Singapore, one of the biggest marine engineering companies in the region. Bo vis also announced yesterday the acquisition of Pertama Emas Tourist Corporation and the taking over of Aurora Beach Hotel, which operates a547 words
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415 1981-01-24 12 From fr*at page months or changes his job for valid reasons. A worker is considered to have changed his job with valid reasons if he has been retrenched or if his employment is terminated by an employer for reasons unrelated to bad work415 words
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Article, Illustration637 1981-01-24 12 FONG MEW LENG - By FONG MEW LENG IT WILL take at least one year to put right and modernise the industrial relations system in the Singapore Airline group of companies. The weaknesses of the present system, shown up so blatantly during the recent dispute between the airline637 words
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Article329 1981-01-24 12 THE Singapore Air Transport Workers Union (Satu), now involved in a dispute with the trade unions registrar, has been warned by Mr Devan Nair, president of the National Trades Union Congress (NTUC). "I do not know what the end result of Satu's argument with the Registrar329 words
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368 1981-01-24 12 FOR the first time in several years, local contractors are keen to participate actively in the Singapore Contractors' Association Limited (Seal). There are 31 nominations for 23 seats in the council that decides policy matters. Many of the existing 21 council members will be standing368 words
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Article163 1981-01-24 12 THE National Wages Council will be meeting soon to discuss the 1981 recommendations on wages and related matters. Besides assessing its recommendations for the past two years, the council will also invite comments from the public. The NWC is particularly interested in comments on the163 words
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Article880 1981-01-24 12 LONDON, Fri. Gold shares closed sharply lower today, reflecting the easier bullion price but government bonds were firm and equities ended above the day'* lows, dealers said. At 3 pm, the Financial times index was down 2.9 points at «4.2. Dealers reported large selling of gold shares and880 words
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Article63 1981-01-24 12 AP NEW YORK, Fri. The stock market was mixed this morning following a double dose of bad economic news from Dashington. The Dow Jones average of 30 industrial stocks rose 0.43 points to 940.87 in the first half hour. The blue-chip index had given up 32.85 pointsAP - 63 words
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Page 12 Advertisements
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Advertisement0 1981-01-24 12 {}</''!(*-={?:./{)^[@_"<?]\<&]>0 words
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Advertisement65 1981-01-24 12 {!"-!~]\*:`).)^<{|/_`;~><*%~<'] Randan" lessens ni hao ma? mo^ Wg^r Radio lessons 2J ~3Q iotf g B V MOiO aN OAP«N —jMirt-JO Leamfo Speak Mandarin Qukkly with this easy-to-follow learning package SBC's "Mandarin by Radio" lessons recorded on sound cassette tapes together with companion texts in comprehensive books provide simple lessons for65 words
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Page 12 Miscellaneous
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Miscellaneous59 1981-01-24 12 Outlook for Singapore from 6 a.m. to 1 p.m. today: Mainly fair. Report (or 24 hoars prior to 7.3t p.m. on January 23 at the airport. Maximum temperature 31.5 Associated humidity 59 Minimum temperature 22.3 Associated humidity 94 Hours of sunshine 10.30 Rainfall in millimetres nil Total rainfall for the59 words
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LEISURE TIMES
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Article, Illustration659 1981-01-24 13 RICHARD SEAH - NEW YEAR TREAT FROM JIMMY CHAN AND HO CHONG WING RECORDS By RICHARD SEAH PREPARE steamed fish, salted egg, soy sauce with chillie, rice, chopsticks and porcelin spoons. Then add five piano keys and a silver harmonica. An interesting combination but not659 words
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Article, Illustration540 1981-01-24 13 LILLIAN CHEW - By LILLIAN CHEW "SURPRISE eggs, what in the world are they?" Well, Stuart Devlin's eggs are perfectly sculptured works of 18K gold, encrusted with a dazzling display of precious stones. What is particularly bewitching about Devlin's surprise eggs is the originality of ideas that is revealed when the540 words
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Article, Illustration504 1981-01-24 13 LEE YOKE MENG - By LEE YOKE MENG ONE successful auction always breeds another. So, it's not really surprising to hear that another Victor Morris-Harvey Gallery auction will be held tomorrow at 2pm at the Marco Polo's ballroom. Spokesman C K Tseng first banged his hammer some three months ago504 words
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Article239 1981-01-24 13 SALMA KHALIK - SALMA KHALIK THERE were steaes *f every eeleer ud dupe and, one coaid ihmt my, ef every rise. Per Mat the IM'i Eye, the largest Mae iliawl la the werM, grace the cellectieaf la that aae little rtm alaae, with fewer thaa a daaea simple239 words
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Article246 1981-01-24 13 PETER WONG - By PETER WONG REMEMBER the rock opera, "Jesus Christ Superstar"? Those who have enjoyed the show will be thrilled to know that one of the stars in that cast is in Singapore for a three-week cabaret stint. Judas, or Peter Karrie, is performing at the Mandarin246 words
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Article886 1981-01-24 14 Runners riders and form guide for the Queen Elizabeth n Cup to be run at Bukit Timah on Sunday. Fourteen horses will contest the 2,200 m race, with a purse of $52,500 to the winner. 1. Saas Fee (13) Most experienced and probably best of886 words
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Article, Illustration683 1981-01-24 14 HYPERION - By HYPERION LAST WEEKEND was one of thoGe when one wishes to have slept late on Saturday morning about 48 hours late. None of the selections won and some failed to make any show. However, the Queen Elizabeth Cup possibilities are intriguing and683 words
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Article191 1981-01-24 14 POLICE in the Irish Republic on Thursday launched a nationwide search for the perpetrators of an attack on a £5 million racehorse backed as a strong favourite for this year's classic races in England and Ireland. The colt, Storm Bird, had its tail and mane cut in191 words
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Article, Illustration1001 1981-01-24 14 RONALD KOW - SINGAPORE-SELANGOR MATCH wm& By RONALD KOW HERE WE go again trying to predict the score of a Malaysia Cup soccer match. This time, it is for tomorrow evening's clash between our Young Lions and their "favourite" opponents the 111,001 words
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Article239 1981-01-24 14 TODAY GOLF: SICC: THe New course is the venue of the first qualifying round of the International Cup which will take place this afternoon. Keppel: Scheduled for this afternoon is the Tangle Inn Cup competition. CROSS-COUNTRY: The second leg of a series of four of the Lotto239 words
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Article, Illustration886 1981-01-24 14 PEEBLE - THE EXECUTIVE JOGGER By PEEBLE AS A RUNNER, I thirst constantly for news, articles and stories about runners and running. It seems that I have an insatiable appetite to learn all I can about the sport. As a writer, however, I am constantly amazed that so much can886 words
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Article, Illustration876 1981-01-24 14 CHARMAINE CHAN - By CHARMAINE CHAN "SUCH A BEAUTIFUL course but such lousy play." Similar sentiments were echoed by several golfers at the inaugural PAL Swingaround Golf Tournament held at the Puerto Azul course in the Philippines on Jan 20 and 21. The Indonesian "Su" brothers brought Deli Golf876 words
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Page 13 Advertisements
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Advertisement129 1981-01-24 13 BUSINESS TIMES GIVES YOU THE EDGE mmmm m I'ti. j IT is the Queen Elizabeth Cup tomorrow. HYPERION explains why Cinchona will be his bet. And of course not forgetting ALIA, who joined us recently HAVE you come across a very treacherous and tortuous golf course? CHARMAINE CHAN joined the129 words
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Advertisement10 1981-01-24 13 BUSINESS TIMESI When we say business we mean just that10 words
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Page 13 Miscellaneous
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Miscellaneous618 1981-01-24 13 WHAT WHERE V RECITALS THE Singapore Musical Society presents a PUm Recital by Sesw Ylt Kin tonight at 8.90pm at the Singapore Conference hall. Tickets at $10, $8, $5 and $3 from C K Tang, Cold Storage and the Singapore Conference Hall. CONCERTS COMBINED performance by the Sydaey Y*uth Orchestra618 words
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