The Business Times, 11 April 1981
1981-04-11
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The Business Times
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Title Section10 1981-04-11 1 BUSINESS TIMES M.C.(P) No. 107/1/81 SATURDAY, APRIL 11,1981 60 CENTS10 words
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BRIEFLY...
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Article95 1981-04-11 1 AP Reuter NEW YORK. Fri. Chase Manhattan Bank, the third-largest US commercial bank, raised its prime lending rate today to 17.5 per cent from the industry-wide 17 per cent, citing the volatile conditions of the nation's money markets and increased costs of funds. Chase became one ofAP; Reuter - 95 words
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Article70 1981-04-11 1 Reuter WARSAW, Fri. Poland's beleaguered government seized the initiative for the first time in more than nine months of crisis today and called for a 60-day ban on strikes and for other emergency measures to save the country from total chaos. Prime Minister Wojciech Jaruzelski calledReuter - 70 words
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Article57 1981-04-11 1 UPI MANILA, Fri. Asean today dashed UN hopes of convening a conference involving Vietnam and its non-communist neighbours. Foreign Minister Carlos Romulo of the Phillipines, chairman of the Asean Standing Committee, issued an official statement saying Asean would not modify its original proposal to convene anUPI - 57 words
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Article62 1981-04-11 1 Reuter COLOMBO, Fri. Sri Lanka's state-owned Petroleum Corporation and America's Coastal Corporation plan to set up a large oil terminal costing U5555.5 million as a joint venture. A government spokesman said the terminal is to be sited in Sri Lanka's east coast port of Trincomalee, usingReuter - 62 words
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Article85 1981-04-11 1 UPI BEIJING, Fri. Communist Party Chairman Hua Guofeng appeared in public with Vice-Chair-man Deng Xiaoping for the first time in almost five months in an apparent show of unity among the Chinese leadership. Hua, whose removal from his post has been predicted for months, went toUPI - 85 words
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Article58 1981-04-11 1 Reuter TOKYO, Fri. The US Navy here said tonight that an American nuclear-powered ballistic missile submarine accidentally sank a Japanese freighter in a collision in the East China Sea. A navy statement said that neither the missiles nor the nuclear reactor aboard the submarine, identified as theReuter - 58 words
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Article64 1981-04-11 1 KUALA LUMPUR, Fri. The Petronas oil refinery in Malacca will be completed by the end of 1986. The Deputy Minister in the Prime Minister's Department, Datuk Abdullah Abdul Rahmansaid, said initial planning for its construction had been started and actual work would begin by the end of 1983.64 words
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Ghief Price Changes
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Article126 1981-04-11 1 Rises Indices Leong Huat 390 74 B.T.Indicator: Apr 9 Apr 10 *****.*****84.91 City Dev 550 72 Industrials: 829.99 821.78 Pegi Miii 980 50 Finance: 1647.27 1646.94 Intraco Keck Seng DBS 450 554 825 44 34 20 Hotels: Properties: 1310.92 1311.29 815.01 817.24 Spore Fodder Allied Choc 224 19 Minings:126 words
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Article, Illustration146 1981-04-11 1 Rises Indices Keck Seng 590 +65 Apr 9 Apr 10 S pore Land 1300 60 B.T.Index: *****6.45 *****4.17 Oriental 960 45 Industrials: 1058.61 *****2 City Dev 610 35 Finance: 1579.27 1581.45 Mega 368 30 Hotels: 496.65 496.88 Properties: 1056.07 1069.65 Falls Tins: (rubbers: 501.96 1356.38 502.17 1353.21 C146 words
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Article, Illustration714 1981-04-11 1 LILLIAN CHEW - MAS AND GIC TO MANAGE FUNDS By LILLIAN CHEW MOVES are underway to amend the Currency Act (1967) to enable the Board of Commissioners of Currency to appoint the Monetary Authority of Singapore and the Government Investment Corporation (GIC) jointly as its investment agents. It714 words
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272 1981-04-11 1 THE Straits Times Industrial Index fell 8.21 points yesterday to 821.78 as blue chip stocks and heavy weight issues were neglected in favour of speculative lower-priced shares. Boustead, Cold Storage, Gentings, Pan Malaysia Cement, Per lis Plantations and Straits Trading all suffered price falls. Straits272 words
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459 1981-04-11 1 FONG MEW LENG - By FONG MEW LENG MORE than 1,500 Japanese companies go bankrupt every month and labour turnover rates in Japan are close to those in many Western industrialised countries. These facts are not exactly testimony of the success of Japanese management methods and A Takanaka, executive459 words
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Article362 1981-04-11 1 ANOTHER industry-wide decrease in lending rates is in the offing when Development Bank of Singapore lowers its prime lending rate by a quarter point to 12 1 4 per cent from Monday. Other major banks such as United Overseas Bank, Overseas Union Bank, and Oversea-Chinese Banking362 words
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271 1981-04-11 1 AS A prelude to more exciting days ahead, Electronic Date Systems, a local computer software house, has received several congratulatory messages for a prestigious contract it did not win. The winner of the contract from the Monetary Authority of Singapore is la fact Electronic271 words
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509 1981-04-11 1 SIOW LI SEN - By SIOW LI SEN THE current high prices of residential properties cannot be sustained because the forces of demand will not be strong enough and even if they are, there will not be enough funds to finance demand. Estimating that residential property prices509 words
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Page 1 Advertisements
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Advertisement7 1981-04-11 1 FOR PEOPLE WHO MATTER imes Periodicals Publication7 words
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Advertisement196 1981-04-11 1 Swing With A Perfect ZM The form and function of many things are often rated on a scale of 1 to 10. This includes Olympic competitive scoring, pretty girls and golf clubs. That's why Lynx named its newest, hottest model golf club'lo'. These new-design woods and irons were created expressly196 words
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Advertisement80 1981-04-11 1 LEISURE TIMES CHINA to publish first econom- CAR manufacturing In Austraic year-book 2 lia no longer lucrative S RISE in Opec base price unilke- PREPARING for grand opening ly this year 3 of a hotel 7 EEC proposes five-year exten- FOREIGN investments in sion of MFA 3 Japanese stocks 1280 words
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Advertisement59 1981-04-11 1 AGOODBOOK RECENTLY? FIND IT AT C limes Bookshops Leader...page C STANLEY LEASINGHAM At the Clare Leasingham Valley, nature conspires with man to produce a Rich grape juice left to mature and magically transforms into wine that's mellow and smooth to taste STANLEY LEASINGHAM 1980 RIESLING now ready >ured aoy moment.59 words
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REGIONAL
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173 1981-04-11 2 Reuter AUSTRALIA has decided against resuming aid to Vietnam which was suspended after Vietnamese forces invaded Kampuchea, a foreign ministry spokesman said yesterday. But the Australian Council for Overseas Aid (ACFOA) appealed to the government to respond to what it said is aReuter - 173 words
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THE REGION IN BRIEF
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Article366 1981-04-11 2 Agencies GARUDA Airways, Indonesia's national carrier, yesterday placed a full-paged advertisement in the Bangkok Post newspaper offering "sincere thanks" to everybody involved in the recent hijack drama at Don Muang Airport. It thanked "all parties and people involved" for "assistance during our recent crisis". HONGKONG Financial SecretaryAgencies - 366 words
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545 1981-04-11 2 FINANCE Minister Tengku Razaleigh Hamzah of Malaysia expressed optimism yesterday that there will be balanced growth in the country during the *****. He said the optimism was based not so much on the export outlook, but on "our ability to put together our own locomotive545 words
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Article129 1981-04-11 2 UPI JAPAN successfully capped inflation on wholesale prices below its target of 14 percent in fiscal 1900 which ended in March. The Bank of Japan's monthly report said the price trend stablised because the wholesale price index last month rose only 1.8 per cent over aUPI - 129 words
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381 1981-04-11 2 UPI JAPAN'S ruling Liberal Democratic Party (LDP) will send a delegation to Washington soon to explore ways to settle the car dispute without inviting American legislative action that would curb Japanese imports. Japanese officials said the delegation will be led by LDPUPI - 381 words
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309 1981-04-11 2 AP PAKISTAN announced on Thursday that it would pay the United States the equivalent of U5113.6 million to rebuild the American Embassy in Islamabad which was burned and sacked by protesters in November 1979. The brief official announcement by the military government mentionedAP - 309 words
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Article, Illustration379 1981-04-11 2 EXPECTED ARRIVALS TODAY KEPPEL WHARVES Asian Clipper (ro/ro) (2000) 47 Bursea (0700) 5 Builder U (0700) 22 Cherry Bagus (0700 after Tat Lee) 28 Dong Min (2200 after Pearl) 31/32 John Bakke (2100 after •Centaur) 6/7 Kota Ratna (0700) 8/9 Kota Pan Jang (0700 after Kota Sabas)379 words
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539 1981-04-11 2 Reuter CHINA will publish, for the first time, an economic yearbook in July. The yearbook, compiled by the country's leading economic institutions and economists, will contain data and statistics on all economic aspects of China. According to a Xinhua news agency report, the forthcoming editionReuter - 539 words
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427 1981-04-11 2 UPI INDIAN Prime Minister Indira Gandhi has given a clear warning that if Pakistan develops nuclear weapons, her country will be compelled to do likewise. This conclusion was drawn by lawmakers in New Delhi yesterday from Mrs Gandhi's statement to parliament outlining India's defenceUPI - 427 words
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Page 2 Advertisements
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Advertisement279 1981-04-11 2 I ><f /•r iff i V- I iVo v'*». V*, V«f», i Limited copies! POST TOD A Y for your copy 1 V'.HV k\ >«• k s: WVAwri \\nJfSY*MV*> THE WORLD What makes PHILIPS' ILLUSTRA TED A TLAS OF THE WORLD the most comprehensive, accurate and modern atlas now available?279 words
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OVERSEAS
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306 1981-04-11 3 Reuter PRESIDENT Reagan's economic programme has been dealt a major setback by the Senate Budget Committee which has rejected his 1982 budget plan. His own party joined in the rebuff as three Republican senators voted with nine Democrats on Thursday to defeat the budgetReuter - 306 words
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308 1981-04-11 3 Reuter ALEXANDER Haig, making his first visit to London as US Secretary of State, has a full day of talks lined up for a review of the world's chief problems. Mr Haig, who arrived on Thursday from Madrid, will see both Prime MinisterReuter - 308 words
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345 1981-04-11 3 Reuter THE LONDON High Court has ordered a syndicate of Lloyd's Insurance underwriters to meet s £24 million claim by the Shell Oil Company for loss «I oil from the tanker Salem, which was mysteriously scuttled after Its cargo was sold toReuter - 345 words
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418 1981-04-11 3 Reuter ISRAELI troops, backed by artillery and helicopters, attacked several targets in South Lebanon on Thursday night. The Palestinian news agency Wafa said fighting was continuing early yesterday. Wafa described the operation as a large-scale landing and reported fierce fighting between Israeli commandos andReuter - 418 words
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WORLD IN BRIEF
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Article495 1981-04-11 3 Agencies OVER the next five years, the Soviet Union may have to import 30 million tonnes (about 1.1 billion bushels) of grain annually unless it gets above-average weather and is likely to want bigger imports from the United States, according to estimates made available by the InternationalAgencies - 495 words
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461 1981-04-11 3 Reuter THE European Common Market Commission on Thursday proposed a fiveyear extension of the MultiFibre Arrangement (MFA), the international textile trade pact being renegotiated this year. A Commission statement released in France said the poor outlook for the EEC textile industry, which has lostReuter - 461 words
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513 1981-04-11 3 AP Reuter THE Organisation of Petroleum Exporting Countries is unlikely to raise the base price of US$36 a barrel this year, but the cartel's largest producer, Saudi Arabia, may raise its price from $32 to $36 at the May 25th ministers meetingAP; Reuter - 513 words
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231 1981-04-11 3 AP PRIME Minister Margaret Thatcher has accused striking civil servants at a nuclear base in Scotland of putting "personal gain above the safety of the realm." She told the House of Commons: "The government will take all steps to see the nuclear deterrent remainsAP - 231 words
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81 1981-04-11 3 AFP THE GIANT Dutch company Philips fears that, without some protection of the European electronics industry against Japanese competitiion, this sector would meet the same fate as two West German industries. These were the optical and photographic industries. Philips chairman N Rodenburg said he doesAFP - 81 words
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Article762 1981-04-11 3 ARRIVALS Service Local Operator Number Time From MAS MH671 1000 PEN KUL SIA SQ201 1000 HLP CAL CI814 1005 HLP CPA CX710 1005 HLP GIA GA850 1030 HLP SIA SQI03 1045 KUL GIA GA908 1045 MES MAS MH605 1045 KUL PAL PR501 1055 MNL MAS MH682 1115762 words
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Page 3 Advertisements
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Advertisement219 1981-04-11 3 built stronger to last longer. i qd Ford Econovan m s Ford Courier > x xysxo^: <«««• o o V- :> Xc<*ss&&&« >: X ■>: L. J Imported direct from Japan. Now there are vehicles that can make more money for you. Ford trucks and vans have a longestablished and219 words
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RAW MATERIALS
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Article287 1981-04-11 4 THE week suffered yet another decline of 14 cents at the extreme, with May One RSS traded down to 236 cents per kilo, before finishing ten cents down overall. Holiday, Cutler, Bath aad Company in its latest review of the Singapore and Malaysian rubber markets,287 words
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Article167 1981-04-11 4 SOYBEAN futures in Chicago on Thursday rallied to close near the top of a 15 cent range, up seven to 2 Vi cents a bushel in revived trade. Steady professional and commission house buying sparked local short-cover-ing, traders said. Buy stops were touched off as prices penetrated various resistance167 words
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Article135 1981-04-11 4 WHEAT futures in Chicago on Wednesday closed mixed, down l'/i cents a bushel to up 'A cent in revived trade. Prices settled near the top of a four-cent range. Sympathetic local shortcovering following a rally in soy complex and corn futures carried prices to new day's highs, traders said.135 words
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Article231 1981-04-11 4 SINGAPORE rubber prices yesterday closed higher with May One RSS buyers quoted at 247.00 cents per kilo, up seven cents from Thursday's close, dealers said. Morning prices were marked up slightly on reserve of sellers, short-cover-ing interest, trade and speculative buying. Afternoon prices fluctuated around lunchtime levels in moderately231 words
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Article326 1981-04-11 4 RAS prices tn cents per kilo yesterday: Noon Cloae (per kilo) (per kilo) Buyers Sellers Buyers Sellers Tut 1 R.S.S. DromDt t.o.b. 238.50 239 50N 241.50 242.50N Int. 1 R.S.S. May 244 00 244.50 247.00 248 00 Int. 1 R.S.S. June 248 00 248.50 ***** 252.00 Int. 2326 words
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Article115 1981-04-11 4 NOON SSR and SMR phcae veaurday RA8 SSR 20 SSR SO (1-ta (l-»c m pallet) hi pallet) May (Carnal Mtk) Bgyera Sellera 225 50 237.SON 222.50 224.50N Juae (Forward Mtk) Bayer* Sellera 227 50 229.50N 224.50 226.50N MRKLB May Ja a* SMRCV SMRL SMRS SMR CP SMR115 words
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Article79 1981-04-11 4 THE STRAITS tin price in Penang yesterday fell 22 cents to M 539.95 kilo, still within the International Tin Agreement's middle range price of $31.tl to $32.74, dealers said. The (all was mainly attributed to consumers withdrawal following the adjournment of International Council talks on Thursday. Lower offerings79 words
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Article34 1981-04-11 4 Rubber: April 10 Singapore: May: 247.00 cents (up 7.00 cents) Malaysia: May: 267.50 cents (up 6.50 cents) Tin: M 530.95 per kilo (down 22 cents) Official offering: 185 tonnes (down 15 tonnes)34 words
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132 1981-04-11 4 JAPAN has signed contracts with the South Korean government to export 525,000 tonnes of rice to South Korea to cover its 1979-80 crop shortfall, the Japanese Food Agency said. The rice will be shipped in the period from this month to August,132 words
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Article177 1981-04-11 4 CHINESE Prodaee Exchange, Singapore, aaan closing prices per IM kg yesterday. Cmmil all: Bulk fob $115.00 sellers, old drum (in second hand drum) fob $128.00 sellers, new drum fob $134.00 sellers. Copra: Mixed (loose) $62 00 buyers. Pepper: Muntok white pepper fob Asta NLW $412.50 sellers, Sarawak white177 words
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Article193 1981-04-11 4 YARN and cottoo prices were quoted as follows In Hongkong yesterday: (In HK dollars, spot ex-go-down) Cottoa yarn: China Blue Phoenix 20s 2.290 32s 2,870, 40s 3,060 (per bale of 400 lbs). Pteee goods: China Butterfly and Globe brand unq; Dragon Head unq; Five Lambs unq; Flower and Butterfly193 words
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Article330 1981-04-11 4 SINGAPORE: Yesterday's closing prices in SJ per kilo, ex-godown: THAI WHITE: 100 per cent first class (Kangaroo) new crop 1.30, 100 per cent second class 1.08, 100 per cent third class 1.05, 25 per cent new crap no stock, B-10 per cent no stock. THAI BROKEN: A-super 0.80, Special330 words
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Article811 1981-04-11 4 COFFEE: Robusta futures yesterday ended a very quiet morning £4 to £5 a tonne lower with the bulk of volume taken up by cross trades in an otherwise featureless market, dealers said. Values fluctuated within a very narrow range of £2 to £4 throughout the morning. Dealers said811 words
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Article182 1981-04-11 4 IN THE Kuala Lumpur market yesterday, values recovered slightly in moderate trading, dealers said. In April, the central region fell M 52.50 to 1960 a tonne. In May, the southern region gained $2.50 to $935 while the north traded at $945. In June, the south rose $7.50 to182 words
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ASIAN STOCKS
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Article582 1981-04-11 4 TOKYO THE market average on the Tokyo Stock Exchange yesterday gained 25.49 points in active trading to close at a record 7,517.31 after Thursday's modest setback on profit taking, dealers said. The Tokyo Stock Market Index added 0.16 to 546.39 with volume 680 million shares,582 words
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Article326 1981-04-11 4 STOCKS yesterday closed generally higher in fairly active trading, with the Hang Seng index adding 31.01 points to 1,356.06, dealers said. Prices opened higher after local stocks rose in London overnight and continued to rise on local buying including considerable short covering. Turnover was aided by funds held over326 words
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Article221 1981-04-11 4 APR 10 Cents INDUSTRIALS API 210 AMI 900 unch A P M Ampol Ptl R ft P SB 7 106 1590 ♦0 90 Bant NSW 936 10 Boral 306 -9 nnmhtf 306 -4-1 r R A X* unch C a it 710 4-0 Coal Allied 1900 10 Dunlop 190221 words
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Article217 1981-04-11 4 STOCK prices yesterday closed mixed with gains outnumbering losers in weak trading concentrated on financials. dealers said APR 10 BahU Asia Credit 103 -1 Asia nbr* Ayuthaya In» Aim) Tru*t Bangkok Investment Bangkok Bank Bangkok Drying And Silo Bangkok Insurance Bangkok Metropolitan Ban Bangkok Nylon 151 II TK unch217 words
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Article121 1981-04-11 4 STOCKS yesterday closed mixed as commodities and industrials recovered while minings remained easier. Turnover eased slightly to 2.9 million from 3.5 million pesos, dealers said. APR 10 Aco)e Mining Peao* OOM -QOOOS AUu Coo A Atlu Con B. Bafuto OoM Benauet Coo B Br Goodrich CDCP Inco B UndoU121 words
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Article61 1981-04-11 4 FINANCIAL TIMES INDUSTRIALS Thursday 548 8 Wednesday 539 4 Week Ago 5419 DOW JONES AVERAGE INDUSTRIALS Thursday MS S3 Wednesday 903 43 Week Ago 1009 01 H.K.HANG SENG Friday 1358 08 Thursday 1325 05 Week Ago 1409 06 AUSTRALIAN INDUSTRIALS Friday 749 0 Thursday 746 4 Week AfO61 words
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Page 4 Advertisements
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Advertisement193 1981-04-11 4 A H k L Mil DEVELOPMENT in SOUTHEAST ASIA ECONOMIC DEVELOPMENT IN SOUTHEAST ASIA LIM CHONG-YAH m mi smm ALSO AVAILABLE ECONOMIC DEVELOPMENT IN SINGAPORE Published distributed by EE* FEDERAL PUBLICATIONS 1 1 New Industrial Road, Singapore 1953 fiPi A member of the Times Organisation LIM CHONG-YAH This book contains193 words
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TRADE AND INDUSTRY
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565 1981-04-11 5 CATHERINE ONG - By CATHERINE ONG THE Singapore Institute of Architects' campaign to preserve and rehabilitate old buildings in Singapore has received a setback. It is dropping its first major proposal to bring life to a monument because of opposition from the trustee of the building565 words
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Article, Illustration398 1981-04-11 5 METAL Box has invested $30 million in a plant to produce a new type of can the two-piece can. The plant will be officially opened on April 24 by the Minister for Trade and Industry and Health, Goh Chok Tong. The Metal Box plant398 words
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Article, Illustration297 1981-04-11 5 NEPTUNE Orient Lines yesterday signed a contract with Ishikawajima-Harima Industries (IHI) of Japan for the construction of six bulk carriers. Total value of the contract, comprising orders for two Panama* vessels and four IHI Future-32 handy size ships, is $304 million. This represents the largest single297 words
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251 1981-04-11 5 THE Singapore branch of the Incorporated Society of Valuers and Auctioneers will be holding its first property seminar in Singapore in September. The society feels that because of technological advances in the real estate industry in terms of construction, financing, development, costing and251 words
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Article59 1981-04-11 5 THE Department of Trade is inviting businessmen to participate in three exhibitions abroad this year. They are the 10th Internationa] Woodworking show in Brussels (Dec 12 to 20), the Thai Electronics Show in Bangkok (May 7 to 11), and the 11th triennial international trade fair, Machevo and59 words
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Article466 1981-04-11 5 SEMINARS AND COURSES Apr 1-16: Seminar on Self-Paced Competency-based Skills Training, Regional Language Centre, Vocational and Industrial Training Board Apr 6-29: Certificate in Production Management Module II Work Measurement and Incentive Schemes, NPB Cuppage Centre, National Productivity Board Apr 6-29: Plastic Materials and Additives, NPB Cuppage Centre, National466 words
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297 1981-04-11 5 THE European Economic Community has imposed individual country quotas on three industrial products from Singapore under this year's EEC-GSP allocation. The three products plywood, radio receivers and diodes transistors are considered sensitive items by the EEC. The quota for plywood from Singapore this year297 words
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Article420 1981-04-11 5 SINGAPORE BUS SERVICE SINGAPORE Bus Service is a monopoly without monopolistic clout. Unlike a true monopoly, it has no power to charge whatever fares it like. Nor is it allowed to choose where and at what times it would like to run its services. Outlining420 words
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Article593 1981-04-11 5 WONG AI KWEI - By WONG AI KWEI LABOUR and management in Japan are partners rather than members of opposing camps. This is because most unions in Japan are enterprise-based labour unions of affiliated companies, said Mr Hajime Inoue, vice-chairman of the Textile Union of Japan. Mr Inoue told the593 words
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Page 5 Advertisements
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Advertisement408 1981-04-11 5 /> TIFFANYS m Abrams r ARTBOOKS A selection of 3 great works THE LANGUAGE OF GRAPHICS This dazzling collection brings together an extraordinary display of graphic design, from its early beginnings to the present day. Lively text by Daniele Baroni deal with every aspect of our image-centered culture. Design is408 words
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Article350 1981-04-11 6 MOST INDIVIDUALS and companies attach a great deal of importance to a name. Adoring fathers and mothers mull for hours on the 'right* name for a coming baby. Starlets, pop singers and aspiring models try their best to come up with appropriate but catchy names.350 words
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Article314 1981-04-11 6 THE LATEST retrenchment of parking attendants by the Urban Redevelopment Authority is a logical consequence of the implementation of the coupon parking system. It should not therefore surprise anyone to learn that some 335 attendants have been retrenched since the introduction of coupon parking more than314 words
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Article, Illustration874 1981-04-11 6 BARRY MOODY - NO THROUGH ROAD AHEAD in Australia General Motors Holden, Australia's most profitable company in the *****, has announced the biggest loss in the nation's corporate history. This, reports BARRY MOODY, reflects the gloom in the Australian car industry. And over in Belgium, JOHN TAGLIABUE tells us that the prospects of874 words
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Article, Illustration858 1981-04-11 6 and in Belgium ALONG several kilometres of Antwerp harbour, In a landscape similar to that near Elizabeth, New Jersey, two sprawling car facilities lie back to back. One comprises singlestory factories where Belgian employees of Ford and General Motors subsidiaries make cars, tractors, engines and parts. The other, resembling an858 words
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Page 6 Miscellaneous
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Miscellaneous654 1981-04-11 6 CRYPTIC PUZZLE ACROSS 4 One in great need of a cigarette? (6) 7 Damoclean consequence of drunkenness? (8) 8 Sadie's wrong statements from the stage (6) 10 Race hat (5) 13 Manner of giving motorway directions (4) 14 It's always a woman, right? (4) 15 She makes a marginal contribution654 words
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Miscellaneous755 1981-04-11 6 A new kind of love FRANK SINATRA aUp the title Mag 1b toalght's midnight id*vie, A New KM Lam. Bat he merely adds te the Hst af itui Pml Newmil, Jitue Weed ward, Thelma Rltter (whs km the heat supporting actress in IM4 for thle movie), Eva Gaher, Maariee Chevalier755 words
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Article, Illustration1532 1981-04-11 7 The grand opening of a hotel is a memorable occasion. No one must be disappointed. There must be no let-down. Few can imagine the immense problems faced by the hotel staff before the big day. RAY ANG discusses the subject with Billy Theodas,1,532 words
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Article, Illustration722 1981-04-11 7 GRAHAM LOVELL - By GRAHAM LOVELL A MODEST stream of tourists now includes Burma among the places to visit in South-east Asia, less than a decade after the government lifted its veil of isolation and decided to allow in foreigners for more than an overnight stay. The 24-hour722 words
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Page 7 Advertisements
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Advertisement247 1981-04-11 7 Ymi Could Easily Be Speaking Indonesian In 3 Months! The secret of learning a language Tim Li *au«p»>< SSL *V 'V, v>,<v a. w y/ and UNGUAPHONE fV... INSTITUTE OF LONDON j Address STP Distributors Sdn Bhd Occupation B4 International Building 360 Orchard Road Singapore 0923 (jf un(jer A Member247 words
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INTERNATIONAL STOCKS
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EUROPEAN MARKETS
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Article267 1981-04-11 8 APR 08 Frs CORBEILLE Alr-Uqulde B S N Oervals Danone C S F (Thomson Of) Cle Francalae des Petroles Compa<nle Flnanclere Compagnle Oenerale Credit Fonder De France HacheUe (LI bralrle) Machines Bull Mlchelln (B) 473 1066 300.30 216 <00 388 330 M TBS 283.30 120 4-12 4-3 0.5 4-t267 words
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Article210 1981-04-11 8 APR 00 Dm Aef-Telefunien 63.70 1J Alio 20 80 0-3 All* Leben 1010 00 -TO Alls Vers 475 00 15 BASF 133 50 Bay H T Wbank 198-30 -13 Bay Vtenk 290 60 08 Bayer 125 90 18 BBC ***** 85 BMW 171 SOB Cajuella ***** 4-4 Chrm V*rw210 words
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Article91 1981-04-11 8 APR 00 m FORWARD MARKET 2M 4 Arbed 1340 -4 Aitur 400 10 Bruc&n 1000 unch Bm-Umb 10 Ctnpic 1510 10 Cork in Or Dftn so ♦s lflB unch Electro twl 2900 -35 Ob-Inno-Bm was 1 o«? 1340 -2 Hobok 2350 P#t_m M6C -30 Ryl Dutch 1378 -13 Sklro91 words
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Article153 1981-04-11 8 APR 00 Fls ABN ***** unch Ahold 74 00 -0.5 Akzo 23 10 0.2 amev 9310 -03 102 20 0.2 Amrobnk 56.10 0.3 Bergoss Berk Bo Is 56 10 -0.4 Borsuml] Burhmann Cal*nd >4-20 1.7 Calve Delft Dell M1J I 78.00 -0.5 Ennli 144 00 03 Fokker 38 60153 words
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Article187 1981-04-11 8 APR OB Francs Actions Suisse* Alusulaae Br. Alusulaae Ref Brown Boveii Br at* Oelfjr Br Oba Oelfj P C aba Olfj DM Credit Suisse Br Credit Suisse Ref Z 1006 435 1406 1136 M6 977 23S6xr1 OOxri -a -25 -2235 5 -9 unch -2 9 unch Elektrowatl Br Oeorge187 words
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Article96 1981-04-11 8 APR Un Ante BOO 5 Assoc Otn *****0 4 1260 Butofl •74 116 OntrmJe 6460 149 rial 2386 •1 Plnsider -C5 Oen immoO 2346 -1 IFi Prt 7401 16 IlaJccfnenll MOM •>600 ItalfaS 1119 -1 Itsiskter 300 unch MAfneU M Pf 1060 30 Marvin Ere susp Med lob *****096 words
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Article203 1981-04-11 8 APR 00 c$ Ablllbl Tl Alc&n 44* •H Alfomm 48 Bank Mont 30** H Bank No** Scolla 3D* Bell Tel If* -<% Beth Corp BP Can Ltd 43 Braacan 35 Camp Red Lake 82 h -1H Can Imp Bk 11H Can par 4#^ -H Can par In* P t203 words
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Article300 1981-04-11 8 APR 00 Rand INDUSTRIALS A Alpha 440 -5 Abercocn 400 AE And CI 880 unch A MIC 2S25 ♦25 Barlows -5 o» Sugar I law CNA 530 10 Currl* Finance 230 -7 Dt Beers ind Falcon 080 •10 W|«rt Eve ready Z Fed Voik 506 unch Fuclt 256 unch300 words
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Page 8 Advertisements
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Advertisement585 1981-04-11 8 See Page 4 for Asian stocks and Page 9 for NYSE prices Where to wine,dine and entertain f The American Express Card. Don't leave home without it. JAPANESE RESTAURANT For sushi. For teppanyaki. For other authentically Japanese delights. Open daily: 12 noon 3 p.m. 6.30 p.m. 10.30 pm For reservations585 words
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Advertisement155 1981-04-11 8 <» Dragon Palace Restaurant Siamese Seafood We re famous for our Restaurant Cantonese Cuisine. The Siamese Seafood Restaurant is as good as Bangkok! m r a m K> -S&y, Victoria Bar The Cottee-Houee Relax in an atmosphere of For informal meals and elegant days gone by. light-hearted snacks tXKpnnoTH Oxley155 words
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BANKING AND FINANCE
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Article229 1981-04-11 9 Reuter THE UNITED Oversow Bank group, United Malayan Basking Corp (UMBC) and Southern Banking have raised their fixed deposit rates in Malaysia. UOB, Chang Khiaw Bank and Lee Wah Bank raised the depssit rate sn one month to 8.75 per cent from 8.5 per eeat, onReuter - 229 words
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BONDS AND LOANS
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Article46 1981-04-11 9 200 mil- lion French franc five year Eurobond has been priced at par, lead manager Banque De L'union Europeenne said. The coupon is 14 Vi per cent. The bond is not guaranteed by the Republic of France although the airline is state owned.46 words
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Article67 1981-04-11 9 awarded a mandate to 10 international banks to raise a US$5OO million eight year loan for the Republic of Portugal, a senior Central Bank official said. The loan, which has a five year grace period, is at a spread of V* per cent over London interbank67 words
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Article82 1981-04-11 9 will float a 15 billion yen bond on the European and Middle Eastern capital market with payment on May 1 through an international underwriting syndicate, Daiwa Securities Co Ltd said as lead manager. The ten-year Euro-yen bond will carry a coupon of B*i per cent.82 words
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Article75 1981-04-11 9 has signed a contract in Tokyo to float a 30 billion yen bond on the Japanese capital market through an underwriting syndicate of 36 firms with payment on April 16, Yamaichi Securities Co Ltd said as lead manager. The 15 year bond with an average life of75 words
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Article73 1981-04-11 9 is planning to raise 80 billion yen in May or June by issuing of bonds and European depositary receipts (EDR). Sources said the fund raising plan is likely to comprise a £50 million convertible bond, a 200 million Swiss franc straight bond and US$l5O to $20073 words
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Article76 1981-04-11 9 Reuter THE NEW YORK stale attorney general has said In a letter it dees net plan te step the Prudential Insurance Co from purchasing Baehe Group Inc shares er warrants. Prndential said the peried daring which the Federal Trade Cemmissien er Justice Department eenld request mere detailsReuter - 76 words
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Article92 1981-04-11 9 Reuter THE REAGAN Administration plans to sell 15 million ounces of stockpiled silver in the 1981 fiscal year ending Sep 30, then 52 million ounces in each of the next two years and 21 million ounces in the 1984 fiscal jewThe plans call for selling allReuter - 92 words
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Article, Illustration265 1981-04-11 9 WELLS FARGO's newly opened offices in Malaysia and Thailand will allow the US bank to "participate more actively in the growth of one of the world's most dynamic regions." "These offices will also help strengthen the links that already exist between Wells Fargo265 words
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Article1050 1981-04-11 9 NEW YORK STOCKS A LATE RALLY on Thursday reversed earlier weakness and the New York stock market ended higher in active trading. Analysts said a democratic tax cut proposal was partly responsible. The Dow Jones industrial average, down five points at one time, ended up five and1,050 words
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365 1981-04-11 9 Reuter THE FINANCE ministry has told Japanese banks they will henceforth be allowed 50 per cent participation in dollar syndicated loans, instead of the previous 20 per cent limit except in special cases, banking sources said. The guidelines were relaxed together withReuter - 365 words
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503 1981-04-11 9 NYT THE BANKAMERICA Corporation and the Nippon Shinpan Company, one of Japan's largest consumer credit concerns, plan to begin a joint venture soon to provide financing services to small and medium-sized Japanese companies The venture, the first of its kind in Tokyo, would involve a newNYT - 503 words
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Article57 1981-04-11 9 Reuter HITACHI LTD said its planned US$lOO million convertible debenture issue on the US capital market may be raised to 1150 million because market response is good. The contract was expected to be signed in New York yesterday with an underwriting syndicate led by Morgan Stanley and CoReuter - 57 words
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Article299 1981-04-11 9 Reuter NEW BORROWING on international financial markets will probably rise only very slightly this year, the Organisation for Economic Cooperation and Development (OECD) said. Its latest financial markets trends bulletin forecasts borrowing through external bond issues and medium term Eurocredits will rise, to between US$l2lReuter - 299 words
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Article199 1981-04-11 9 Reuter ASEAN BANKERS should pay more attention to agricultural financing, Datok Abdul Alls Tataa, Bank Negara governor said. Puds to finance productlaa aid marketing are sadly Inadequate and assistance available to farmers Is still largely tram Informal sources, be told an Asean workshop an agriculturalReuter - 199 words
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MONEY AND EXCHANGES
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Article461 1981-04-11 9 THE US dollar yesterday firmed slightly in late afternoon dealings supported by higher US Federal funds rate and the dollar's strength in early European exchanges, dealers said. Trading was quiet ahead of the weekend with the US unit closing at 214.35/50 yen compared with New York's 214.00/15 yen,461 words
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Article171 1981-04-11 9 THE US dollar yesterday was steady against other major currencies in thin late trading, dealers said. There were no new factors affecting the market, while the dollar's movement closely followed the trends of Eurodollar interest rates and the US Federal funds rate, they said. The dollar traded at a171 words
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Article72 1981-04-11 9 RESULTS of tender held yesterday for 91-day bills (to be issued from Apr 13 to Apr 16) and 182day bills (to be issued on Apr 13): 91-day bill* 182-day bill* Offered: suo.ooo.ooo {30.000.000 Applied far: $200,000,000 S109.000.000 AlJvtM: suo.ooo.ooo S30.000.000 ArrrpM Mda: S98.35 $96.67 approximately .W. 9V.72 words
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Article23 1981-04-11 9 THE average rale at which major Singa* pore banks are currently prepared io lend to their best customers is 13.35 per cent.23 words
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Article197 1981-04-11 9 ASIAN ASIAN currency deposit Interbank rates as at close on Apr 10. Source: Astley A Pearce. Closing Asian dollar certificates of deposit for prime names on Apr 10: Source: Merrill Lyach laternational (Asia) A Co. US DoUart(Spot) Offer Bid 7 days 15 11/16 15 9/10 1 month 15 15/10 15197 words
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Article50 1981-04-11 9 RANGE of prices offered by discount houses on Apr 10: Overnight: J% to 6 V Call deposits. 3* to TV,* Clssfag B»yim« SclliM 3-month Treasury bills 69/10 0 7/10 3-month Bank bills 10 5/10 103/10 3 months CD 10'< 10» 6 months CD 10'* 10 Source: National Discount Company50 words
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Article159 1981-04-11 9 THE US dollar for overnight delivery yesterday closed firmer at 214.55 yen, compared with a 214.40 opening here, a 214.00/15 closing both in New York and on the West Coast, and a 213.80 closing here on Thursday, dealers said. Trading was moderate with volume US$7OO million. The market was159 words
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Article47 1981-04-11 9 Opening quoin yesterday US ***** 35 Can 2 5896 338 Cross 1 1833 3S DMk 4 6950 7000 D F1 5 3000 15 S Fr- 4 2800 50 B FT (con) 76 92 77 02 F FY 11 0850 1000 Lit 23M.50, 2342 00 Tm mmrmx47 words
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Article246 1981-04-11 9 SINGAPORE gold prices yesterday fell sharply across the board on selling and profit-taking following the metal's weakness abroad, dealers said. Total turnover for the day was recorded at 72 lots while volume for kerbs stood at 81 lots with interest centred mainly on June and August contracts, they said.246 words
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Article35 1981-04-11 9 IIhi Wed New York U.27B 11.62B 11.57S 11 92S Zurich U.SOB 11.506 11.80S 11.80S PM Than Singapore ***** 11.66 11.C6S 12.065 Oostng price* in US doUari a troy ounce. Source: Credit Suisse, S'pore35 words
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Page 9 Advertisements
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Advertisement512 1981-04-11 9 < ,< >l n l I HI K HV H GODEL. ESCHER, BACH: AN ETERNAL GOLDEN BRAID Douglas R. Hofstadter This is the sort of book that emerges only once a decade. an but wholly remarkable achievement which has won its author the Pulitzer Priie. Taking the apparently unconnected musical512 words
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2023 1981-04-11 10 BID and otter 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 A COMMERCIAL Acma (3-3282,023 words
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Article175 1981-04-11 10 SINGAPORE UNIT TRUST OUR-MONTAGl The Commerce tar Apr IS) 3.80 400 (Maaagen' prices tar Apr 11 ft 11) Union Spore Fund 1 63xd 1 G8xd The Savings Fund 2.10 2.21xd INCOME ROND UNIT S pore Prog Fund S pore Sec. Fund 1.59 167 (Camat pr Im) 2.47 2.»175 words
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Article2745 1981-04-11 10 Gr's Gr's Net iqmi Last Div Div Y'ld P/E Vol Day High U,w Company Sale or- C'vr (000) H.gh Low SECTION ONE INDUSTRIAL A COMMERCIAL 300 225 290 420 184 940 550 430 320 Aetna Alcom 130 Allied Choc 161 BAT 330 Bata 110 Ben Berjaya Kawat2,745 words
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Article2054 1981-04-11 10 BID and offer prices officially 0 listed and business in and re- j ported to the Kuala Lumpur j Stock Exchange yesterday i with the number of shares 1 traded shown in brackets in < lots of 1.000 units, unless other- 1 wise specified. I INWWTKIALB Aleaa2,054 words
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Article40 1981-04-11 10 KUALA Lampu-Kepeag Berted: EOGM to be held at Ladang Pinji, Lahat, Perak on April 11 at 10 am. INTRACO Limited: EOGM to be held at 4th floor, Keppel House. 11 Keppel Road, Singapore, on April 16 at l&Sam.40 words
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Article, Illustration688 1981-04-11 10 ATTENTION cMtiiied to be faeaaed m »t Ike Slagapare stack exehuge yesterday. Stuttn•l stocks remained to play m Investors' faacy. Wklle specalaters were deeply eagraaaed wltk adatlllatlag periarmers like Lewg Hani, Meg», TDM, UPP, Stagkpwt Fadder, Allied Ckacalate, Sigma ud Hwm Heag, Mae eklps were sadly688 words
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Article601 1981-04-11 10 SENTIMENT remained selective at the Kuala Lumpur stock exchange yesterday. There was fairly active trading and counters closed (Hi a mixed note. Traders confined most of the day's activity in industrial lower-liners and situational stocks which reaped most of the day's gain. Although the601 words
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COMPANY NEWS
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Article1511 1981-04-11 11 WONG SOUK YEE - Market Talk... k J By WONG SOUK YEE SECURITIES broking firm Ong Company in its March issue of Ongco Digest said the buoyant marine industry will enable PanElectric Industries to report much higher earnings for the 1980 financial year and beyond. It said the high-risk and1,511 words
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Article185 1981-04-11 11 JOHORE-BASED Malaya Glass Factory Bhd has been hit by heavy cost increases, particularly of fuel oil and electricity in the first six months ended Jan 31,1981. Unaudited pre-tax profit fell to MJ1.58 million (».77 million previously), although the company, an associate of Fraser and Neave,185 words
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Article51 1981-04-11 11 MR TEO Soo Chuan, a director of Singapura Building Society (SBS), has been appointed chairman of the company from today. The appointment indicates that the See Hoy Chan group has now assumed full control of SBS following the acquisition of a 32 per cent stake in SBS last51 words
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408 1981-04-11 11 MALAYSIAN Oxygen's issue of 1.79 million shares to the public has been oversubscribed by a staggering 50.4 times. Pertanian Baring Sanwa, managing underwriter of the issue, said applications for 92.02 million shares were received from 53,469 applicants when the offer closed last Monday.408 words
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Article87 1981-04-11 11 HONGKONG (Selangor) Rubber has conditionally agreed to sell about 150 hectares (370 acres) of Hong Kong Estate to Syarikat Wanderfull Sdn Bhd for M 512.5 million. The sale must first be approved by the Malaysian Foreign Investment Committee, the British Treasury and the Selangor state government. Hong87 words
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Article153 1981-04-11 11 THE TAXABLE profit of UK-based William Jacks and Company, car distributor and retailer, fell from £410,829 to £220,891 for 1900. Turnover rose from £13.84 million to £14.45 million. After the first six months, group profit was down from £223,473 to £195,199. The final dividend is omitted, making a153 words
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Article563 1981-04-11 11 wm mm*** HOCK LOCK SIEW WHILE most plantation-based companies have not found their businesses extremely profitable of late, Keck Seng (Malaysia), nicely tucked away in the industrial sector, appears to be gathering its fortunes on the quiet. By the time the final results are released, manyHOCK LOCK SIEW - 563 words
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Page 11 Advertisements
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Advertisement212 1981-04-11 11 i e I•» t t r p'h t L s s t r! r r m** i t 1 i tu?* »>. L t: r i i i l a > i t 5 t r<m V 1 < Av* r r Ja J* U A T £> swr-v w.212 words
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485 1981-04-11 12 EN THE WAKE of extensive marine frauds in the region, the shipping community in Malaysia has been urged to form a maritime body which can act as an intelligence arm of the industry. Such a body can monitor all activities of interest to485 words
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Article, Illustration171 1981-04-11 12 PLANTATION-based conglomerate Sime Darby has appointed Tunku Dato' Ahmad Yahaya as joint group chief executive. Tunku Ahmad will take over from Mr James Reid Scott the day-to-day operations of the group with full responsibility to the board. His appointment was recommended by Mr Scott,171 words
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Article921 1981-04-11 12 LONDON, Fri. Equities finished below the highs today and trading quietened considerably during the afternoon. Dealers said news that a broker was to cease trading today unsettled the market at the close. The Financial Times index at 3pm stood at 555.8, up six points on the day but921 words
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Article99 1981-04-11 12 NEW YORK, Fri. The stock market was mixed this morning, pausing after yesterday s late rally. The Dow Jones average of 30 industrials slipped 0.54 points to 998.29 in the first half hour. But gainers held a 5-to-3 lead over losers in the overall tally of New99 words
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139 1981-04-11 12 ASEAN and Australian government officials will meet in Canberra on Tuesday and Wednesday for the sixth economic forum to review past projects and consider new ones. The forum, the most senior official-level meeting between Asean and Australia, will also assess the progress in trade and139 words
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84 1981-04-11 12 JAPAN has extended benefits under its Generalised Scheme of Preferences (GSP) to two more Hongkong products leather footwear and jewellery of precious metal. The Hongkong government's director of trade, industry and customs, Mr Bill Dorward, described it as a "very welcome move". Although he84 words
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561 1981-04-11 12 Reuter NET FOREIGN investment in Japanese stocks this month may exceed US$l billion after an estimated $600 million in last month, with foreign investors, including Arab oil producing countries, showing active interest. Analysts at Daiwa Securities in Tokyo said the situation is reminiscent of theReuter - 561 words
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313 1981-04-11 12 Reuter IN SYDNEY, a high-level investigation has been launched into allegations that leaks of confidential information allowed improper trading in shares of two companies involved in a major energy project. Three partners involved in a project to extract oil from shale rock at Rundle in QueenslandReuter - 313 words
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91 1981-04-11 12 Reuter INDONESIA, which is in dispute with the European Economic Community (EEC) over import quotas, buys considerably more from the Common Market for its textile industry than it sells by way of garments. Mr Kudiarso Hadinoto. an Industry Department director general, told delegates to aReuter - 91 words
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Page 12 Advertisements
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Advertisement193 1981-04-11 12 CSB CENTRAL SUGARS BERHAD (Incorporated in Malaysia) NOTICE OF MEETING NOTICE IS HEREBY GIVEN that the Annual General Meeting will be held at the Registered Office of the Company, Batu Tiga. Selangor on 27th April 1981 at 11.00 a.m. for the following purposes: 1. To receive and consider the Audited193 words
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Advertisement131 1981-04-11 12 The Straits Times Directory of Singapore triple-purpose index. The one tab to help you keep tabs on allyour resources! The triple-purpose index of the Straits Times Directory or Buku Merah (as we are also known) is your complete guide to all the resources available to you in your business If131 words
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Page 12 Miscellaneous
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Miscellaneous0 1981-04-11 12 ~/^;$!<~@^$({&%]<('}-.-,%!|+)|}0 words
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LEISURE TIMES
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542 1981-04-11 13 Brrrrr it's cold, it's very Brrrrr! very cold TENT: A movable shelter made of cloth supported by a framework of poles and ropes, used especially by campers. Not In Yosemite Valley: Tents there include a wooden door with a little hook hinge, two camp beds with mattresses and one thin542 words
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Article, Illustration1398 1981-04-11 13 TSANG SAU YIN - SPLENDOUR OF SEQUOIA NATIONAL PARK DESTINATION By TSANG SAU YIN THE FOREST was magnificent. The giant trees stood quiet and still in the aftermath of the first snowfall of the coming winter; their boughs weighed down by a heavy white mantle. The only sound was the1,398 words
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Article243 1981-04-11 13 COLLECTIM A SCANDAL that erupted in Paris ever the authenticity of seven 2,M»-year-•ld Chinese clay statues has led Seifridges department stsre In Leaden to consult art experts hefere patting the same works so exhibit. The pieces arrived from Paris and were to have gene en display Oil243 words
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Article155 1981-04-11 13 ART WORKS in general and impressionist and modern paintings in particular have fetched astronomic prices in in sales at Sotheby's and Christie's early this month. Both institutions have each reported total sales of more than £10 million. A sale of impressionist and modem paintings at Sotheby's attained a155 words
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Article, Illustration450 1981-04-11 13 JUNE LIM - [COLLECTIWfII v By JUNE LIM IT STARTED with one auction every three months. Two auctions later, Victor and Morris Pte Ltd, an auctioneering company has decided to schedule one antique auction a month. As in the previous, this auction will feature the collector's delight Chinese ceramics450 words
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Article, Illustration1022 1981-04-11 14 ■OTOBII6 Hermes QUITE a few eyebrows were raised when I placed the Subaru 1600 GFT on a list of "memorables" for cars reviewed last year. Most people seem to have an unsavoury impression of the make, probably imprinted upon them by the early models which wereHermes - 1,022 words
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Article, Illustration263 1981-04-11 14 WONG AI KWEI - By WONG AI KWEI THE ANNE KLEIN style is certainly a welcome change from the bright and garish items European designers tend to flaunt at as. Anne Klein clothes, on show in Singapore for the first time, lived ap to expectations. As promised, no "showpieces" were263 words
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Article, Illustration1026 1981-04-11 14 RONALD KOW - RONALD KOW gives some suggestions on ways of improving the SingaporeMalaysia annual clash. RONALD KOW IT LOOKS like we will really have to treat last Sunday's Ovaltine International football match between Singapore and Malaysia as a mere friendly. It is true that there should be an annual clash1,026 words
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306 1981-04-11 14 PETER WONG - PETER WONG THE NAME Karen Nelson may not be familar to Singaporeans. But she has already established herself in the Far East especially in Japan. She has won the hearts of many in Japan for her two compositions in the Yamaha World Popular Song306 words
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Article171 1981-04-11 14 TODAY GOLF: Changi The Changi Open (or 'D' division golfers will be held this morning. SIOC: The first round of the SICC Open Invitation championships will take place at the New course this afternoon. Keppel: The 'A' and 'B' monthly medals bogey competitions for this month will171 words
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Article118 1981-04-11 14 HO MING-CHUNG of Tilwan fired a flve-nnder-par (1 far a two-round total of 135 to take the halfway lead in the USSI«MM Taiwan Open in Taipeh yesterday. Ho, 37, from Tatnsni in northern Taiwan, earned $5M for his lowest score of the day. He shot €8 on the118 words
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Page 13 Advertisements
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Advertisement126 1981-04-11 13 BUSINESS TIMES GIVES YOU THE EDGE IT PROVIDED good entertainment. Its standard of play was commendable. Yet the inaugural match of an annual MalaysiaSingapore International series did not quite live up to what it was intended to be. RONALD KOW analyses the situation and suggests solutions to the problem. YOUR126 words
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Advertisement10 1981-04-11 13 'BUSINESS TIMES When we say business we mean just that10 words
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Page 14 Miscellaneous
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Miscellaneous516 1981-04-11 14 WHAT WHERE CONCERTS THE Festival af Chain IWI continues tonight with International Songs 1 featuring the Mel#-Art Chotr, People's Association Choir, Radio Choir, Shing Sheng Philharmonic Society, Srlwaaa, Young Voices Choir mad Lee Howe Choir. On Wednesday we have AlMhtan, Cam Choral, Caatica Nova, Hallelajah Chorus and the Singapore Tonth516 words
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