The Business Times, 6 June 1981

Total Pages: 14
1 14 The Business Times
  • 11 1 BUSINESS TIMES M.C.(P) No. 107/1/81 SATURDAY, JUNE 6, 1981 60 CENTS
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  • BRIEFLY...
    • 63 1 AUSTRALIAN Foreign Minister Tony Street arrives today for three-day visit to have talks with Foreign Minister S Dhanabalan on international and regional developments and bilateral relations, an Australian High Commission statement said. Mr Street is conveying an official invitation to Prime Minister Lee Kuan Yew to attend the
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    • 115 1 AFP SPRINGFIELD (Illinois), Fri. A shoplifter has lost a state supreme court bid to win release from jail here on the grounds that she was five months pregnant and that the foetus was being detained illegally. Lawyer Charles Wilson cited a paragraph in the state's abortion law stating
      AFP  -  115 words
    • 78 1 Reuter WASHINGTON, Fri. Unemployment in the United States jumped to its highest level in seven months in May, but the rate of inflation was the lowest since December. The Department of Labour said the unemployment rate, after holding steady at 7.3 per cent for three consecutive months,
      Reuter  -  78 words
    • 79 1 Reuter LONDON, Fri. The International Coffee Organisation (ICO) has in" a 10 per cent cut in the amount producers can export to stop a slide in the price of coffee, which has hit a five-year low. The ICO, which supervises a pact between producing and consuming
      Reuter  -  79 words
    • 92 1 KANGAR, Fri. The former Selangor Menteri Besar Datuk Harun bin Idris will contest only the Umno vice-presidency in the Umno assembly tomorrow. This was confirmed by his son Mazlan Harun today. Mr Mazlan, who is here to deliver a talk on the role of Umno youths at a
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    • 68 1 Ap GENEVA, Fri. Lech Walesa, in a rousing address to a capacity audience at a historic Geneva assembly hall, asserted today that the Polish people can resolve their domestic problems without foreign intervention and that "there is no way back" from social and political reforms in Poland. Mr
      Ap  -  68 words
  • Chief Price Changes
    • 134 1 Rises O U E 1520 API 820 M Cement 1230 H Leong Fin 1120 Dunlop Ind 776 G Ceramics 715 C K Tang 700 Hong Leong Ind 1800 PMC 1700 Shangri-La 960 G I Hldgs 850 180 120 110 70 56 55 50 40 30 30 25 Indices June
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    • Article, Illustration
      154 1 Rises Indices M Cement 1330 130 June 4 June 5 A P I 855 115 B.T. Index: *****2.56 *****7.68 G Kent (M) 470 75 Industrials: 1109.21 1122.53 Dunlop Ind 850 50 Finance: 1836.74 1842.38 G Ceramics 755 45 Hotels: 518.57 519.16 Genting 1120 40 Properties: 1196.26 1196.24 Tasek
      154 words
  • 626 1  -  GOVERNMENT ASKED TO HELP By OUR REPORTER CONTRACTORS, irked by the fact that they seldom get full deliveries of building materials they order, are now looking to the Government for help. They alleged that the short deliveries of building materials such as sand and granite
    626 words
  • 298 1 DEVELOPMENT Bank of Singapore is likely to trigger off another round of prime rate increases with its move to raise its best lending rate by Vt points to 13 per cent. The move, effective this Monday, is hardly surprising considering that the local interbank
    298 words
  • 462 1  -  By LILLIAN CHEW ANY FOREIGN law firm whose services are needed by Singapore-based banks will be granted an offshore licence. This virtual guarantee of a licence if a foreign law firm chooses to set up a branch here is implied in the latest letter
    462 words
  • 316 1 FABER Merlin Malaysia's emphasis on Jie property development sector has led it to yet another acquisition through a share swop, this time involving Chris Chua of Malayan Credit fame. Faber is buying up the entire issued capital of $1.8 million in Burmah Kompleks Sdn Bhd
    316 words
  • 291 1 ALL hotels providing live shows will have to pay sharply higher entertainment tax as from next month. The customs and excise department has notified them that instead of the flat $12t they pay monthly in entertainment tax, they will have to pay
    291 words
  • 532 1  -  By KOH TSE YING TWO local stockbroking firms have undergone a major reshuffle in ownership. Kay Hian and Company, the oldest Chinese broking firm here, has invited a new partner to the firm in the name of commodity trader Wee Ee Chao, younger son
    532 words
  • Page 1 Advertisements
    • 34 1 GOOD READING MATTERS AT y Times Bookshops TMnn(»rvi»ardCml>r L»lflr v iyC**H.AZA •SKC'AtISTS Cf*T«t SISGA*j«*A '06 o.cnv* <)jw *>•«! T* *****T2 T#» J)7*m S.nMpg., M 23 •CIIfFOWCfNTHt •«O0»«I*NOUS4 T•• JJWI 2)U«IS T 92 3 T ??00
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    • 191 1 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 expressly to commemorate the Company's 10th anniversary. The Irons. When it comes to distance control and accuracy. 10 irons meet the exacting standards
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    • 72 1 LEISURE TIMES WORLD oil prices on the way down 3 STUMBLING blocks to progress In the bnliding industry 5 ADVERTISING agencies which feel shortchanged 5 TAKING stock of swelling Mil Investments 11 DAY two of sharp rise in the US dollar 12 TV AND RADIO C, CROSSWORDS S, WHERE TO
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    • 73 1 \SW\vss\ "P) SViAKJW business FOR PEOPLE WHO MATTER A Times Periodcois PuOhCQtion STANLEY LEASINGHAM At the Clare Leasingham Valley, nature conspires with man to produce a vintage. A wine that requires Time to mature and be made precious deserves to be preserved. Like Stanley Beaujolais Now carefully stored in a
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  • REGIONAL
    • 266 2 Reuter JAPAN will limit its car exports to Canada in fiscal 1931 started last April to about 174,000, International Trade and Industry Minister Rokusuke Tanaka said yesterday. He said this would be about 10 per cent above the 158,000 shipped to
      Reuter  -  266 words
    • 241 2 AFP THE JAPANESE government, faced with persistent calls from the United States for increased defence effort, decided on Thursday to set the ceiling on the increase in Japan's defence outlays for fiscal 1982 over the current fiscal year at about 7.5 per cent,
      AFP  -  241 words
    • 218 2 UPI THE giant aircraft carrier, Midway, docked at its home port yesterday to a demonstration by Japanese radicals agitating about the nuclear weapons suspected to be on board the ship. Police said seven rightwing activists rammed their jeep kamikaze-style into a bus chartered by anti-Mid-way
      UPI  -  218 words
    • 637 2 PANMUNJOM PROPOSED AS SITE AP PRESIDENT Chun DooHwan of South Korea has renewed his invitation to North Korea's President Kim 11-Sung for a meeting aimed at the reunification of the Korean peninsula. He said such a meeting could be held in Seoul, Pyongyang, or
      AP  -  637 words
    • 204 2 AFP JAPANESE home electric appliance makers are going all out in their efforts to increase output of video taperecorders (VTRs) and colour television sets but are still unable to meet surging export demand. The Electronics Industries Association of Japan said in Tokyo yesterday
      AFP  -  204 words
    • 632 2 AFP REPORTS of record arrivals of boat people over the last few weeks have heightened fears in the noncommunist countries of South-east Asia that a new wave of Vietnamese refugees is imminent. Nearly 5,000 Vietnamese landed on Malaysia's east coast beaches last month,
      AFP  -  632 words
    • 436 2 Reuter VIETNAM'S Deputy Foreign Minister, Mr Vo Dong Giang, said in Bangkok yesterday that any attempt by Thailand to repatriate Kampuchean refugees without the approval of Kampuchea would be "very, very dangerous." Mr Vo, who was in the Thai capital on his way
      Reuter  -  436 words
    • 319 2 Reuter A SENIOR Asian diplomat said on Thursday a conference next month on the future of Kampuchea should adopt a moderate tone towards Vietnam to encourage it to enter into negotiations. "We should not say anything at this particular conference to
      Reuter  -  319 words
    • 139 2 AFP A GROUP of businessmen from Kuwait arrived in Kuala Lumpur on Thursday for a four-day visit to study investment opportunities and to foster cooperation between Kuwait and Malaysia. The leader of the 12-mem-ber delegation, Mr Khalid Yousuf Al-Marzouk, said on arrival in Kuala Lumpur
      AFP  -  139 words
    • THE REGION IN BRIEF
      • 476 2 Agencies BEIJING officials are fairly confident that China can balance its Budget this year after last year's 12.1 billion yuan deficit. Richard Sargent, economic adviser to Britain's Midland Bank group, said after talks with senior Beijing officials that the Chinese emphasised the importance of announced drastic cuts in
        Agencies  -  476 words
    • Article, Illustration
      413 2 EXPECTED ARRIVALS TODAY KEPPEL WHARVES Barber Menestheus (after Barber Perseus) 47 Hang Yong (after Hannah Lu) 29/30 Kawana (ro/ro) (after Wakamizu Maru) 33/34 Kota Angkasa (after Kota Berkat) 10/11 Kim Soon Li (0700 after Builder II) 22 Lumut (0600 20 West Nedlloyd Marseilles (0530) 3/4 Silver Eagle
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    • 262 2 UPI THE UNITED National Party of President Junius Jayewardene swept towards a victory in the Sri Lankan local elections which were marred by violence that killed six people and injured two. Sri Lankans went to the polls on Thursday to select national development
      UPI  -  262 words
  • Page 2 Advertisements
    • 22 2 Available at all bookshops and emporiums. Distributed by FEDERAL PUBLICATIONS 1 New Industrial Road, Singapore 1953 A member of The Times Organisation
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  • OVERSEAS
    • 162 3 AFP THE COST of applying for British nationality is likely to go up, Home Secretary William Whitelaw told the House of Commons on Thursday night. During the final debate on the Nationality Bill. MP's rejected an opposition Labour bid to reduce the cost. The
      AFP  -  162 words
    • 171 3 AFP BRITAIN'S last two Labour prime ministers. Sir Harold Wilson and James Callaghan, hit out against their party's chief leftwing activist, Tony Benn, who is spearheading a series of challenges to the opposition's less radical current leadership. Mr Callaghan said in a BBC Radio
      AFP  -  171 words
    • 200 3 Reuter BRITISH Petroleum, Britain's largest oil company, has blamed low prices for oil and refined oil products in its major European markets for a slump in profits in the first three months of this year. The company's profits fell to K395 million
      Reuter  -  200 words
    • 818 3 ARRIVALS Service Local Operator Number Time From MAS MH680 0645 KCH FT FT71 0700 JFK ORD ANC NRT TPE SIA SQ101 0815 KUL MAS MH811 0815 PEN MAS MH603 0830 KUL MAS MH671 1000 PEN KUL SIA SQ201 1000 HLP CAL CI814 1005 HLP CPA CX710 1005
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    • 768 3 PRESSURE ON PRODUCERS AFP, NYT OIL prices are on the way down, and oil majors are to follow up their success in obtaining a cut in Mexico's prices by putting pressure on countries charging the most particularly Libya, Algeria and Nigeria, industrialists said
      AFP,; NYT  -  768 words
    • 232 3 Reuter THE EUROPEAN Economic Community's trade deficit with the Soviet Union doubled last year over 1979 levels to reach US$4.B billion. The EEC deficit with the Soviet Union's Eastern European allies and Albania also rose steeply to a record $4.3 billion, compared with
      Reuter  -  232 words
    • 146 3 AFP VOTERS in next week's general election in the Irish Republic were urged on Thursday to vote for imprisoned hunger strikers in Ulster who are candidates in the election. The call came from the families of four Republican activists who have gone on hunger
      AFP  -  146 words
    • 551 3 Reuter DESPITE heavy West German pressure, European Common Market economics and industry ministers have failed to agree on a timetable for phasing out state aid to the steel industry. German Economics Minister Otto Lambsdorff pressed for a strict timetable to finish the
      Reuter  -  551 words
    • 250 3 Reuter EGYPTIAN President Anwar Sadat, intervening in the Lebanese missile crisis for the first time, has gained a public pledge from Israel that it will allow time to find a peaceful solution. After a 90-minute meeting with Israeli Prime Minister Begin at this
      Reuter  -  250 words
    • 161 3 FRENCH socialist and communist leaders have agreed to form an alliance for parliamentary' elections later this month. Socialist Party leader Lionel Jospin and communist chief Georges Marchais initialled an agreement on Thursday after several days of tough negotiations. A joint communique said only the best-placed leftwing
      161 words
    • 237 3 AFP THE CHAIRMAN of the Egyptian Bar Association on Thursday appealed for backing for Syria in the Lebanese missile crisis. Mr Ahmed Khawaga made the appeal in a speech to more than 1,000 lawyers on the same day that Egyptian President Anwar Sadat and Israeli Prime
      AFP  -  237 words
    • 273 3 NYT PRESIDENT Reagan has agreed to join the leaders of 21 industrialised and developing nations at a meeting in Mexico this autumn to discuss the economic problems of the Third World. President Jose Lopez Portillo of Mexico is to issue a formal
      NYT  -  273 words
    • 536 3 NYT THE REAGAN Administration proposed a revised tax package on Thursday that, if adopted by Congress, would reduce by US$5O billion over six years the tax savings that President Reagan had originally proposed for business. Business representatives, who were briefed at
      NYT  -  536 words
    • WORLD IN BRIEF
      • 543 3 Agencies THE US International Trade Commission has ruled that Japanese television manufacturers still dump their products on the American market in violation of international trade rules It ruled 3-1 against a request by Japanese makers to lift a dumping finding imposed in 1971. According to American figures, colour
        Agencies  -  543 words
  • Page 3 Advertisements
    • 139 3 TACO BELL IS COMING TO SINGAPORE Hawaii franchisee of largest Mexican fast food restaurant chain in the United States is looking for prospective Singaporean partner General qualifications for partner: 1. Restaurant business owner/operator who will be working partner 2. Approximately $500,000.00 (U.S.) initial capital by Singaporean partner 3. Real estate
      139 words
    • 188 3 CARRY YOUR BUSINESS CONSTRUCTIVELY at Asia's leading exhibitions for materials handling, containerisation, construction and public works. a Southeast Asia 3rd International Exhibition of Materials Handling and Physical Distribution Equipment. CONPEX-ASIA '81 Southeast Asia 3rd International Construction Equipment Public Works Exhibition 16-20 June 1981 World Trade Centre, Singapore If you are
      188 words

  • RAW MATERIALS
    • 444 4 Reuter INDONESIA will need to import about 500,000 tonnes of sugar this year to make up for shortfalls in its own production and maintain stability in already high domestic prices. Indonesia's production of centrifugal sugar in 1980 is now known to have fallen by
      Reuter  -  444 words
    • 229 4 EASIER conditions predominated the week as distress selling of June rubber pushed levels down below the 250-cent mark, says Holiday, Cutler, bath and Company in its latest review of the Singapore and Malaysian rubber markets. Some steadiness at the outset, following better London advices, with June
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    • 219 4 THE Singapore market yesterday closed easier with June One RSS buyers quoted at 242.00 cents per kilo, down 3.50 cents from Thursday night, dealers said. The morning session saw prices losing about 2.50 cents on lack of support and some trade sellings. The market lost further in the afternoon
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    • 380 4 RAS prices In cents per kilo yesterday. Noon Close (per kilo) (per kilo) Buyers Sellers Buyers Sellers Int. 1 R.S.S. prompt fob 243.00 244.OON 242 00 243 00N Int. 1 R.S.S. June 243 00 244 00 242 00 243 00 Int 1 R.S.S. July 250 50 ***** 249
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    • 111 4 NOON SSR and SMR prices yesterday: RAS June July (Current Mth) (Forward Mth) Buyers Sellers Buyers Sellers SSR 20 (1-ton pallet! 217.50 219 SON ***** 221. SON SSR SO (1-ton pallet* 215-00 217.00N 217.00 219 00N MRELB SMR CV <1 ton pallet) 297 SO 299 SON 299.50
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    • 186 4 SOYBEAN futures in Chicago in Thursday ended around the middle to high side of a 12 cent range, down to five cents a bushel. Traders said late local short-covering in response to a lack of follow-through selling interest and following the price recovery in financial instrument markets pared losses.
      186 words
    • 87 4 THE STRAITS tin price In Penang yesterday held steady at M 529.4« a klJo, still within the ITA lower range of $27.28 to $31.11, dealers said. Despite a weaker sterling against the Malaysian dollar, the market ruled steady as it followed a firmer overnight London Metal Exchange in
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    • 32 4 Rubber: June 5 Singapore: June: 242.00 cents (down 3.50 cents) Malaysia: June: 262.00 cents (down 4.50 cents) Tin: M 529.40 per kilo (unchanged) Official offering: 235 tonnes (down 6 tonnes)
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    • 88 4 THE Malaysian Minister of Finance has fixed these rates for the period from June 4 until further notice: Robber: 272 s I cents a kilo for RSS One; Copra: M 5666.36 a tonne; Palm kernel: $955.75 a tonne; White pepper: $3,622.00 a tonne; Black pepper: $2,258.00 a
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    • 66 4 MALAYSIAN tin exports fell to 5,339 tonnes of metal in February from 5,755 in January and 5,343 in February 1980, statistics department figures show. Imports of contained tin-in-concentrates fell to 386 tonnes from 617 in January and 741 in February last year. Output in February
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    • 184 4 CHINESE Produce Exchange, Singapore, noon closing prices per 111 kg yesterday. Coconut oil: Bulk fob $115.00 sellers, old drum (in second hand drum) fob $128.00 sellers, new drum fob $134.00 sellers. Copra: Mixed (loose) $67 00 buyers. Pepper: Muntok white pepper fob Asta NLW $412.50 sellers, Sarawak white
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    • 182 4 YARN and cotton prices were quoted as follows in Hongkong yesterday: (In HK dollars, spot ex-go-down) Cotton yarn: China Blue Phoenix 20s 2,290; 32s 2.795. 40s 3,045 (per bale of 400 lbs). Piece goods: China Butterfly and Globe brand unq; Dragon Head unq; Five Lambs unq; Flower and Butterfly
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    • 330 4 SINGAPORE: Yesterday's closing prices in S$ 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 crop no stock, B-10 per cent no stock. THAI BROKEN: A-super 0.80. Special
      330 words
    • 137 4 WHEAT futures in Chicago on Thursday closed near day's highs, up 3 3 to 1'« cents a bushel. Steady commercial pricing prompted local demand which carried values to the highs, traders said. They cited US winter wheat harvesting delays in Texas and Oklahoma due to rains as a constructive
      137 words
    • 860 4 COFFEE: Buying and short covering ahead of the opening in New York steadied robusta futures which ended the morning £3 to £5 a tonne above the previous close, dealers said. Earlier news of a cut in the International Coffee Organisation export quota caused prices to recover from new
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    • 184 4 AFP THAILAND has been admitted into the powerful International Coffee Organisation (ICO) with an initial export quota of 2,100 tonnes, the Thai commerce ministry announced in Bangkok this week. A spokesman for the ministry said Thailand's application for membership of the ICO, which handles more than
      AFP  -  184 words
    • 144 4 IN THE Kuala Lumpur market yesterday, prices were higher on pre-weekend covering in moderate trading, dealers said. For June, the central region rose Msls to $1,050 a tonne and south $20 to $1,060. For July, central! gained $27.50 to $1,005 while south traded up toll,olo. For August, central
      144 words
  • ASIAN STOCKS
    • 489 4 TOKYO SHARE prices yesterday closed slightly higher on light bargain hunting after the recent sharp falls but trading was slow with many investors cautious over US interest rate uncertainty and developments on the foreign exchange markets, dealers said. The market average rose 17.13 to 7,430.37 in thin
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    • 338 4 THURSDAY'S losses were regained as the market yesterday jumped 34 points on heavy volume. Buyers returned to the blue chips as renewed institutional buying absorbed the last few remaining profit-takers. The market opened quiet as many investors were uncertain about the market trend after the recent losses. Big buying
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    • 300 4 INTERNATIONAL factors continued to exert bearish pressure on the resources sector but special situations featured industrials, dealers said. The effect of easing oil prices on sterling and gold tended to keep most big miners under pressure and the All-Ordinaries index fell 3.1 points to 715. Santos rose 6 cents
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    • 224 4 STOCK prices yesterday closed mixed in slow trading, dealers said. JUNE as Bahts Asia Credit Asia Fibre AjruUiajra In* And Trust 86.50 -13 Bangkok Investment 171 1 Bangkok Bank 256 unci) Bangkok Drying And SUo Bangkok Insurance Bangkok MetroPoll tan Ban Bangkok Nylon Bank Of Asia Bank Of Ayudhaya
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    • 144 4 THE market yesterday' closed mixed as thje com- mercial and industrial sec-; tor recovered with oils, butmining was again easier and turnover dropped to \2 from 3.8 million pesos, dealr ers said. Philex B, Phil Overseas and San Miguel B finished stronger and the rest were untraded or unchanged.
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    • 56 4 FINANCIAL TIMES 2 INDUSTRIALS Thursday 555.6 Wednesday 546.7 Week Ago 545.8 DOW JONES AVERAGE INDUSTRIALS Thursday 986 74 Wednesday 989.71 Week Ago 994.25 H K H ANG SENG Friday 1715.81 Thursday 1681.17 Week Ago 1667.24 AUSTRALIAN INDUSTRIALS Friday 753.7 Thursday 752 7 Week Ago 745.5 ALL ORDINARIES Friday
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  • Page 4 Advertisements
    • 181 4 Philips' ILLUSTRATED ATLAS mv i ffli/ m lIUMIUSJ MUM u i rikVlUllW'iV'lr' f •mtiun ;*V '*r* If* :r*hi»j AH« Avi 111 I [IJIII i in it iiri iNviM in* i- Mil Iflll -4I« II i ri I Hill 1 •vim- c lai r«*.ir4il- tin flli i v $99. This excellent
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  • TRADE AND INDUSTRY
    • 192 5 CHARTERED Bank's new 43-storey building in Battery Road will be the largest in the Standard Chartered group worldwide. The $150 million building will have 48,000 square metres of office space, of which 8,000 will be used by the bank. This comprises the podium block and five
      192 words
    • 129 5 THE government has awarded a contract for the supply of weather facsimile equipment costing $403,000 to Singapore Electric and Engineering, the local agent for Alden; Electronic and Impulse Recording of the USA. The equipment will replace existing ones which are more than 15 years old. They will
      129 words
    • 346 5 THE Singapore Association of Shipbuilders and Repairers launched its first mass recruitment campaign yesterday in an attempt to increase its workforce by 1,000. This is the start of several recruitment drives to encourage school-leavers and ex-national servicemen to join an industry which is short of
      346 words
    • 530 5  -  By SIOW LI SEN DISCERNING consumers will turn to designer products in the future, forecasts Marcel. Martinent, managing director of Franco Singapore Textiles. When that happens, direct selling of these products will become the vogue as against the existing practice of just selling
      530 words
    • 61 5 HYATT Regency Singapore hotel together with Pan American World Airlines and the Singapore Tourist Promotion Board are organising a 21-day Singapore cultural promotion in eight cities in the west coast of the US this month. The main objective of the promotion is to popularise Singapore as a tourist
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    • 339 5  -  By BERNADETTE CHOOI CONSTRUCTION workers are a neglected lot in Singapore; they get little attention and hardly any effort is made to improve their skills. This observation was made yesterday by Mr Lee Bay Tseng, president of the Singapore Concrete Institute at the "Concrete
      339 words
    • 170 5 DINERS World Forwarders, the air cargo subsidiary of Diners World Travel, has appointed Mr Raymond He, 37, as its general manager. Mr Ho has been in the air cargo industry for more than 20 years, having served in MSA and a leading freight forwarder. Marco Polo hotel
      170 words
    • 367 5 LOCAL advertising agencies have claimed they are being shortchanged by clients who demand high professional standards but who are reluctant to pay for their services. While the commissions due to an agency can amount to as much as 15 per cent of a client's advertising budget, they
      367 words
  • Page 5 Advertisements
    • 67 5 1111 TTMnrn ifrnfrnnnm'^r t w M l* •v tI Sf w 4 ••*1 1 ru *>* A T* A r IMP s*\ 5? I*^ _A rfV &< v>«V ssso -vt n=s R s <T*S •> iiga»- —.—JK- •>*. <k*-.as? «>• JpjL ,i|||i Here's your chance to win a free trip
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  • 425 6 WHEN MR GOH Chok Tong announced in his Budget speech three months ago that entertainment duty schedules and rates were to be revised, he added that these changes would not result in any significant increase in revenue for the Government. But, cry local hoteliers, the
    425 words
  • 310 6 THERE ARE a variety of reasons for indulging in sports. Some, for the sheer pleasure of it, others for the exercise, and for the majority as a way of relaxing after a mentally tiring day. Even more common these days are those who use the golf
    310 words
  • 979 6  -  By COLIN MCINTYRE Reuter REPORTS that Czechoslovakia is planning to build a new family car aimed at boosting its tiny share of the Western market appear to spell the end of a scheme for joint car production with East Germany and Hungary. Western diplomats in
    Reuter  -  979 words
  • 742 6  -  By JOHN HOLUSHA NYT GENERAL Motors Corporation, in a technical exercise intended to hint at the car industry's future independence from dwindling petroleum supplies, has developed a car fuelled by powdered coal. The vehicle uses a turbine engine that burns coal
    NYT  -  742 words
  • Page 6 Miscellaneous
    • 667 6 TWO-I R-ONE CROSSWORD CRYPTIC PUZZLE ACROSS 4 Stick together (6) 7 Confront that which is over one's head? (4,2,2) 8 Run out of prints (6) 10 He shows one way to sail back (5) 13 Walk dancingly? (4) 14 Bites with some spirit! (4) 15 Person causing some stares in
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    • 11 6 BliStcW:Fnu&-M SHOULD RULD Be fc^got... XtS-ONDeR Tue I "TUIN/K ureesT...;.. astro
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    • 809 6 New police series begins POLICE series, Hill Street Blues, replaces the popular Kmm. It takes a leek at aa iaaer-elty pallee stattoa, staffed by aa embattled grasp of stßeers. It leaks like we will get te see mare stories on the perssaal lives sf the pallee officers than «f pallee
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  • 688 7  -  By SANDRA SALMANS NYT SUDDENLY it's summer, and those athletic young men and women who peddle soft drinks in television advertisements have traded their jogging suits for swimwear and are now sipping on the beach. As the weather warms up, so does the rivalry never
    NYT  -  688 words
  • 827 7  -  m HOTEL INDUSTRY Dining out is becoming more sophisticated and trendy nowadays with sidewalk cafes on the rise. For those tired of dining at crowded public eating places, it is indeed a refreshing change to dine complete with the sights and sounds of traffic and
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  • 576 7  -  DE BEERS LOWERING OUTPUT By KENNETH MARSTON FT JUST when signs of a tentative improvement in sales of certain types of smaller diamonds at the retail end of the market have begun to appear, South Africa's De Beers diamond giant has warned that the
    FT  -  576 words
  • Page 7 Advertisements
    • 90 7 »*y,du o That's what The Straits Times Classified do. We stock a long list of buyers and sellers and we share it with you. The products, needs and services are arranged in a logical order to simplify your search. It's so easy. The Classified indices include Personal Services Merchandise, Industrial
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  • INTERNATIONAL STOCKS
    • EUROPEAN MARKETS
      • 259 8 JUNE 04 Frs CORBEILLE Atr- Uqulde B S N Oervals Danone C S F (ThomsonC«f) Clr Francalse 375 890 116 125 10 -7 -15 -6 Compa<nle Financier* Compafnlf OeneraJe Credit Foncler De France Hachette (Llbralrle) Machines Bull Mlchelln (B) Parlbas 275 332 296 37 700 -3 -5 13 -1.1
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      • 96 8 JUNE 04 Fn FORWARD MARKET Ac#c jtn -J Arbcd 1110 -T4 Astur 325 -IS Braacan ion >-22 Bru Umb 1100 -10 Canpac 1510 80 Cock 164 -4 De Beers W7 1 Ebes 1282 J Elcctrobel 2745 45 Ob-lnno-Bm 1700 -85 Oe* 1248 *28 Hobofe 2300 unch Petto 4006 15
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      • 227 8 JUNE 04 Dm Aef-Telefunken 40 JO OJ Ak«o 21 JO +0.0 Al BA t Vers lSF IUBSUU 470.00 133 SO 2 -0J Ba Ba J H T Wbank y Vbank 1M SOB 275 00 2 Bt BE rer C 130 40 200 00 06 •1 BMW Caxaella Chem Verw
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      • 207 8 JUNE 04 Fls 4/ABN 380 00 15 A hold 08.50 Akso 34 40 4 03 AMEV 87 50 4-2 Am fas 98 50 4 0.5 Amrobnk 50 90 -0.1 Berfoas 35.00 Berk 46 70 0.2 Bo is 39 50 4 1.3 Borsumlj 192.00 -1 Burhmann 55.30 4 0.5 Caland
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      • 182 8 JUNE 04 Francs Actlotu Suluri 25# 4-1 Alusulsse Br 986 5 Alusulsae Reg 3B unch Brown Boverl Br IMS -S Clba Qelty Br 11(6 unch Clba Olo P C no unch Clba Oelty Km Credit Suuw Br S32 2 2140 unch Credit Suisse Ret Jan -1 Elektrowatt Br 2400
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      • 100 8 JUNE 04 Ure Ante 730 Auor CJen *****0 100 Bulogl 425 -5 Central* ***** S01 rut 2431 -29 Flnalder 18 Ocn Immob 2804 IFI Prt M7 4 07 Italcemenll ***** 4 10 ItaJcas 1400 104 IttUhkr 300 unch MifnrU M Pf 1140 5 MartlH Ere Med lob *****0 Miraiansa
        100 words
      • 181 8 JUNE 04 Abltlbl C« n unch H Dom Tar 36* 25* 1(B Molson A 28* unch A Iran 3# Falcon brtdfe 2 Moore Cp 13* Bank Mont Bank Nova Scotia Bell Tel as M I9H Falcon brldfe Cop Oenstar Ot West Life Ot Yellow Knfe 37S 225B unch unch
        181 words
      • 282 8 JUNE 04 Rand INDUSTRIALS A Alpha 430 -5 Plknpay Plate Ol Pp Cement Prem Mil 5400 800 IZZ 1130 unch 10 E R Cons E R Props Easdrle 90 1700 3300 -3 -75 unch A be room AE And CI AMIC Barlows Cg Sugar CNA Currle Finance De Beers
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  • Page 8 Advertisements
    • 249 8 The American Express Card serves you well, wherever good food is served". 55ui1HA1253 I I e Snacks for your island treks I m v Take your pick: Curry Puff Chicken Pie Gateau Cake Hot Dog Hamburger Sandwiches Roast Beef h Bun Pack Lunch Open: Monday Friday 10.00 a.m. 6.00 p.m.
      249 words
    • 126 8 to* (JUm JAPANESE RESTAURANT For sushi. For teppanyaki. For other authentically Japanese delights. Open daily; noon 3p rn I) 30 p rn 10 30 p in For reservations call *****77 A© C 1 'j»rk S»iit££it|»«>i*«Nassim Hill, Singapore 1025 Tel *****77 Operated by ANA~ HOTELS INTERNATIONAL Ameoca is not merely JGO
      126 words
    • 149 8 =}{%^/_-/)'[[<\\=,_/.@.*&!\!}{| The Great Family Do-ltAtxirself Barbecue SarurcliN rwhc PooiskJe at the Oberoi lust choose what you want and barbecue it Meat vatood valads saucrs CW i hat and apron available »22+ for adults Jl5 for each child V under 12 Anytime from \S 7pm WJOpm i&f: bW A Merlin Grill
      149 words
    • 84 8 QQGQO Inn Of Happiness H* :%W*o Dine Dine 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. <4 I Dine in the grand
      84 words
    • 255 8 0s •<» U .Ki mm Victoria Bar The Coffee House Relax in an atmosphere of For informal meals and elegant days gone by. light hearted snacks a Cockpit Wctd Oxley Rise/Penang Road. Singapore 0923 Tel *****11 (20 lines) Cable COCKPIT Tele* R*****6 [ft '(^njcrvl restaurant presents Wednesday Fashion at 1.15
      255 words

  • BANKING AND FINANCE
    • 69 9 Reuter GROUP net profit of Societe Generale amounted to 1.01 billion francs in 1980 821 million francs previously) and group balance sheet totalled 410 billion francs, a 20 per cent increase. It announced a dividend of 18 francs, the first since 1975 when 24 francs were paid. Capital
      Reuter  -  69 words
    • 43 9 SOCIETE Generale De Banque SA is raising US$lOO million through an 11-year floating rate note on the Euromarket. The notes, issued through the finance subsidiary Genfinance NV, are fully guaranteed and pay semi-annual interest at 1/4 per cent above six month Libor.
      43 words
    • 279 9 NORDIC Bank has signed a co-operation agreement with the China International Trust and Investment Corporation (CITIC) of China. The agreement will promote co-operation between loeal authorities, departments and legal entities in China, and commercial and Industrial corporations In the l'K, Denmark, Finland, Norway and
      279 words
    • 62 9 Reuter A RUN on the Argentine peso has continued despite a 23 per cent devaluation on Monday night. But the central bank had to pay oat USSIM million to defend the peso on Wednesday and sales of the Argentine currency were far heavier on Thursday. Sources said the
      Reuter  -  62 words
    • 563 9 Agencies BANK of America has been authorised by Mexico's state-owned petroleum agency, Petroleos Mhlcum (Ptmei) to arrange a US$3.5 billion financing. The bank said it believes the transaction will be the largest commercial financing ever arranged. It will consist of renewing a revolving credit facility using bankers'
      Agencies  -  563 words
    • 187 9 IN an atmosphere of general dollar buoyancy, the Swiss franc has weakened to levels near the 2.09 SFR mark against the US dollar from its position near the 2.02 SFR level a month ago. The latest foreign currency review by New York's Manufacturers Hanover Trust said the
      187 words
    • 1152 9 NEW YORK MARKET CONCERNS about the interest rate outlook and the fate of the Administration's tax cut plan limited the New York stock market's gains on Thursday. As a result the market closed mixed after a lacklustre session. The Dow Jones industrial average finished three points lower
      1,152 words
    • 521 9 BANKERS Trust Company's selection of its Singapore branch as a regional centre in Asia reflects its confidence in the Republic's continued growth as one of the world's leading banking and financial markets. "It is also a further indication of the healthy expansion of Bankers
      521 words
    • 665 9 Reuter INDIAN banks, operating under a controlled money market at home, are branching out overseas to borrow large sums of money to finance the country's development projects. About 140 Indian bank offices are operating in over 25 countries, and more have sought authorisation from the Reserve Bank
      Reuter  -  665 words
    • 196 9 Reuter THE CAPITAL limitations of Saudi Arabian banks will lead to a growing involvement of offshore banks in the country's capital market. Saudi banks will have to shift increasingly to a service role from that of a financial intermediary in response to obstacles to balance sheet
      Reuter  -  196 words
    • MONEY AND EXCHANGE$
      • 455 9 THE US DOLLAR proved resilient on the local foreign exchange market yesterday maintaining its strength against major currencies. The US-Singapore dollar market was generally quiet and neglected, opening at 2.1650 80. It was traded up to a height of -2.1725 before it closed at 2.1715/25. laterkaak larwmrd rates
        455 words
      • 230 9 SINGAPORE gold futures yesterday turned easier after a firmer opening, but the market still closed slightly higher on balance compared with overnight levels, dealers said. Dealers attributed the late decline in gold prices to the fall in overseas markets. Trading was generally quiet with total sales for the day
        230 words
      • 37 9 Thurs Wed New York 10.09B 10.22B 10.29S 10 42S Zurich 9.95B 10.40B 10 15S 10 60S Kri Than Singapore 1005B 10.30B 10.25S 10.50S Closing prices in US dollars a troy ounce. Source: Credit Suisse, S'pore.
        37 words
      • 208 9 THE US dollar for overnight delivery yesterday closed sharply higher at 227.(fi yen compared with a 226.60 opening, a 226.45/55 closing in New York and 226.40 60 on the West Coast on Thursday, dealers said. Trading was moderately active with volume US$ 1.03 billion. The dollar briefly rose to
        208 words
      • 22 9 THE average rate at which major Singapore banks are currently prepared to lend to their best customers is 12.71 per cent.
        22 words
      • 194 9 ASIAN RATES ASIAN currency deposit interbank rates as at close on June 5. US DoUtrt(Spot) Offer Bid 7 days 19'i 19 J 1 month 19 3/16 19 3/16 2 months 1813/1B 1815/16 3 months 18 18 s 6 months IM 17H 9 months 16« 16 3 12 months 16 1
        194 words
      • 49 9 RANGE of prices offered by discount houses on June 5: Overnight: 6'i9» Call deposits: to 6' i*3f Cloting Buying Selling 3-month Treasury bills 6'» 6'« 3-month Bank bills 12 9/16 12 7/16 3 months CD U 7 k 11'« 6 months CD I1H U'j Source: National Discount Co
        49 words
      • 121 9 STERLING yesterday weakened to a late U551.9375/96 from an early 1.9465 85, while the dollar firmed to 2.4145/60 marks from 2.4110/ 20, dealers said. The firm tone of the US dollar was supported by a high US Federal funds rate and the move on Thursday by several major US
        121 words
      • 62 9 Opening quotes yesterday US 1 9340 60 Can 2.3360 3415 Cross 1.2087 90 DMk- 4.6860 6960 D F1 5.2115 2245 S FY 4.1445 1545 B Fr (con) 76.37 57 F Fr 11.0335 0700 Lit 2328.55 2337.95 Yen 439 80 440.65 D Kr 14.7485 7910 N Kr 11.5650 5890 S
        62 words
      • 51 9 RESULTS of tender held yesterday for 91-day Treasury bills to be issued from June 8 to June 12: Offered: (150,000,000 Applied for: $290,370,000. Allotted: $150,000,000. Accepted bids: $98.37 approximately 60 per cent and higher bids in full. Average rate of discount on allotment: 6.525 per cent per
        51 words
  • Page 9 Advertisements
    • 149 9 A Thriller from PENGUINS^) o Ch^M V c rd' M M F* w >£ TIME: The Cold War PLACE: Paris, Budapest, Washington, DC, Stockholm, Moscow SECRET AGENT: Young irresistible Blackford Oakes of the CIA ASSIGNMENT: Win the satellite space race with the Soviets Enter master agent Rufus, CIA Director Allen
      149 words

  • 1973 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 (4.348) (1)
    1,973 words
  • 192 10 SINGAPORE I NIT TRl ST DIAMOND MGT S'PORE prim far Jai (Maaagera' prim i far Jaa 6) The Commerce 3.80 4 OOxd Diamond S'pore Fd US»100 The Savings Fund 2.17 228 s»2.175 S'pore Prog Fund 167 1.75 S'pore Sec Fund 2.54 S'pore Invest Fund 2 50 2.67 2.63
    192 words
  • 2811 10 1881 High Low Company Last Sale orGr's Div Div Cvr Gr's Yld Net P/E Vol cooo) Day High Low SECTION ONE INDUSTRIAL ft COMMERCIAL 450 334 312 420 200 470 960 665 Mi 430 320 130 161 330 110 360 650 322 360 Aetna Alcorn Allied Choc
    2,811 words
  • 2195 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. IMHTBTRIALS Arma (3 40B) cd Mram (3.825) (1) 3.84 cd A|M«Nto (3
    2,195 words
  • 55 10 THE Kuala Lumpur Stock Exchange has removed Saint Piran shares from its official list since yesterday. The removal follows indication from the company that it no longer seeks a restoration of the listing of the shares on the KSLE. This decision was made by Saint Piran's board at
    55 words
  • 36 10 PACIFIC Develapmeat Credit BM reported pre-tax profits of M 55.03 million for the year ended Sep 30, 1900 against $4-52 million in 1979. Profit after tax and minorities was $1.5 million against $169,743 previously.
    36 words
  • 728 10 IT WAS «either the bolls nor the heart which raM the stock market yesterday. Cuttou loves tore who were adsptlag i 'wit wd see' attitude prevailed. Ike market opened weak In the moralag for waat of bayiag support. Though tome Issaes improved moderately la the afteraooo, they
    728 words
  • 592 10 SOME signs of nervousness developed in early trading but sentiment managed to improve later in the day at the Kuala Lumpur Stock Exchange yesterday. Traders were apparently waiting for fresh leads but when none came, prices turned erratic from the opening bell and tended towards
    592 words

  • COMPANY NEWS
    • 903 11 By THE CITY STAFF OWING to a radical departure from its normal accounting policies, the book value of Malayan United Industries (MUI) Berhad's group investments has swelled by more than five times to M 5138.6 million as at Dec 31, 1980, as against $25.6 million previously The
      By THE CITY STAFF  -  903 words
    • 496 11 THE BOARD of Metal Box Bhd has made a strong recommendation to shareholders to vote for the resolutions approving its issue of 4.763 million shares to Fima (Food Industries of Malaysia) in return for the entire issued capital of Fima's subsidiary, Malaysian Can Company (MCC). This resolution
      496 words
    • 162 11 THE Capital Issues Committee of Malaysia has approved United Motor Works (M) Holdings Bhd's one-for-four rights issue of 11.38 million shares at $2.50 per share; its special issue of five million shares to bumiputras at $2.50 per share; the acquisition of the entire issued capital of three million
      162 words
    • 144 11 C K Tang limited: AGM to be held at 310, Orchard Road, Singapore 0923 on June 6 at noon. COLD Storage Holdings Limited: AGM to be held at Empire Dock, Singapore 0409 on June 6 at noon. UNITED Motor Works (Malaysia) Holdings Berhad: AGM to be held at
      144 words
    • 816 11 HWA HONG Manufacturing Co Ltd, which has been plagued with declining profits since it went public three years ago and has since gone into the red, is reorganising its operations. The restructuring will include the redevelopment of the parent company's present land at Paya Lebar and the
      816 words
    • 76 11 CITY Developments yesterday reported acceptances for 20,096,763 shares, representing 99.24 per cent of the new shares to be issued in respect of its recent one-for-five rights issue at $2.20 per share. The closing date for acceptances was May 28. At the same Ume, City has received excess
      76 words
    • 719 11 DIRECTORS of Fusan Fishing Net manufacturing Berhad have voiced their opinion that they "have discharged their responsibilities in a responsible manner both to the shareholders and the investing public through the KLSE SES." In a written reply to KLSE queries, Fusan gave a
      719 words
    • 154 11 TRUE U market expectations, Malaysian-based Public Bank has rewarded shareholders with a one-for-four bonns Issue. Announcing this yesterday, Public Bank said its directors consider it desirable to increase the issued capital of the company in line with the increased assets employed in the business. The baak's results
      154 words
  • Page 11 Advertisements
    • 148 11 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 nothing more, our pages will tell you Straits Times Directory or Buku Merah all you need to know about that name, (as we are also known)
      148 words

  • 444 12  -  By RICHARD SEAH TIMBER exports recovered strongly in March, after a sharp fall the month before. Exports of timber and timber products rose to 152,047 cubic metres, valued at $94.78 million. Compared with February, this represents a 55 per cent increase in volume and
    444 words
  • 249 12 SINGAPORE supports the principle of free collective bargaining, but it must be recognised that there are certain constraints on a completely free system. Labour Minister Ong Teng Cheong said it would, for example, not be in the national interest to give members of the armed and police forces
    249 words
  • 145 12 Reuter BRUNEI will be militarily strong enough to deal with any internal security threats after it becomes fully independent of Britain at the end of 1983. This is the view of Colonel Haji Mohammad Daud, Deputy Commander of the Royal Brunei Malay Regiment. "If we are left on
    Reuter  -  145 words
  • 175 12 Reuter TRADE between the United States and China should reach US$l billion this year, including $4.5 billion of US exports, and $1C billion by 1984, Secretary of Commerce Malcolm Baldrige said. In 198«, US-China trade was $4.8 billion, doable the amount of the
    Reuter  -  175 words
  • 106 12 AFP INDONESIA exported 4M.3 million barrels of crude oil to a total value of U5514,815 million In the past (158*1981) fiscal year, the government announced. Liquefied natural gas (LNG) exports amounted to 437,8M,1M million British thermal units (BTU) yielding $2,1* million, giving a combined oil-LNG
    AFP  -  106 words
  • 660 12 GOLD STABILISES AP THE WORLDWIDE surge of investment in US dollars, which reached record proportions on Thursday, resumed yesterday although at a more moderate pace. The dollar hit fresh alltime highs against the French franc and Italian lire, a four-year high in comparison with
    AP  -  660 words
  • 316 12 UPI HEAVY fighting broke out in Beirut yesterday between Syrian and Christian forces and Israel was reported to have sent commandos into a south Lebanon village. The fighting in Beirut, ending a lull that lasted almost 24 hours, involved Syrian peace-keeping forces on one
    UPI  -  316 words
  • 802 12 NYT THE REAGAN Administration has given the US Navy clearance to build new cruise missiles capable of striking deep into the Soviet Union. Senior naval officials said the navy is making plans to equip submarines and surface ships with the long-range missiles
    NYT  -  802 words
  • 907 12 LONDON, Fri. UK government bonds and gold shares closed lower today while equity leaders were mixed with an easier bias. At 3pm, the Financial Times index was down 5.1 points at 550.5. The renewed pressure on sterling dominated market sentiment again and pushed government bonds down as much
    907 words
  • 91 12 AP NEW YORK, Fri. The stock market opened mixed today as investors remained concerned about rising interest rates despite an encouraging report on inflation. The Dow Jones average of 30 industrial stocks slipped 0.83 points to 985.91 in the first half hour. Advances and declines were evenly
    AP  -  91 words
  • Page 12 Advertisements
    • 69 12 NOTICE To the holders of the floating rate U.S. Dollar Certificates of Deposit due Bth June, 1982 of: THE FUJI BANK, LIMITED (Singapore Branch) DBS Building Shenton Way Singapore 0106 We hereby certify that the rate of interest payable on the above-mentioned Certificates of Deposit for the Interest Period beginning
      69 words
    • 123 12 ,U A comprehensive book on what to eat and where to entertain in Singapore. Over 90 pages of useful information from fast food chains to dining out in style. So get your copy now. VIVI K V J V VJ 4 v 7?/' K t <■• Y Where to Eat
      123 words
  • Page 12 Miscellaneous
    • 65 12 Outlook for Singapore from 6 a.m. to 1 p.m. todayl Showers in a few areas from around noon. Report for 24 hoars prior to 7.31 pm on Jane 5 at the airport. Maximum temperature 32.1 Associated humidity 66 Minimum temperature 24.3 Associated humidity 98 Hours of sunshine 4.95 Rainfall in
      65 words

  • 673 13  -  Publicity is not always welcomed. At least not what Van Cleef Arpels, the French jeweller, desires. Van Cleef Arpels does not reveal either the names of its clients or the amount paid on particular purchases. SIOW LI SEN talks to Mr Philippe Arpels, the company's executive manager,
    673 words
  • 847 13  -  mmm GRACE WONG TO NAME your relatives according to traditional forms is not just a formality but a commitment to the caring society. The traditional Chinese belief is that you start with your immediate family and then extend the relationship to others. Even today, the opinion of
    847 words
  • 326 13 IT IS m unusual to be awed by the dazzling stones all around yon when visiting any Jewellery exhibition. Bat to be awed by same 'useless' pieces af mineral It is unfair to describe them' as 'useless'. If they are they wouldn't, and shouldn't, command
    326 words
  • 483 13 IN 1945, Roberto Rossellini made a film, Rome Open City, that was to launch the influential if short-lived Neo-Realist movement. The British film-maker and historian, Basil Wright, describes the films in this movement in his book. The Long View. "Outwardly most of these films were stories of despair,
    483 words
  • Page 13 Advertisements
    • 93 13 BUSINESS TIMES GIVES YOU THE EDGE pmmmmmmmmm its Mi i*A4. i: Mi&rs THERE were a lot of drama and a lot of stars; there were even allegations of poor acting. Is it a comedy with an unhappy ending? Do you call it a tragic comedy? Or a comic tragedy? RONALD
      93 words
    • 11 13 BUSINESS TIMES 1 When we say business we mean just that
      11 words
  • Page 13 Miscellaneous
    • 546 13 WHAT WHERE V_ FILM SHOWS THE LAST showing in a series of film shows on computer. A Much Better Way and Introduction to Feedback will be screened at the Singapore Science Centre tomorrow at 2.30pm. In the Lecture Hall. A WAR thriller, The Odessa File, today at the Auditorium of
      546 words

  • 605 14  -  \m By RONALD KOW THE UPS and downs that Singapore had in this year's Malaysia Cup football tournament may make it all sound like a comedy. But it could not have been a comedy because it did not have a happy ending. Any comic element in the story
    605 words
  • 1072 14 MOTORINB with Hermes CITROEN cars have always been a breed apart from any other rtiake in the market. Ranging (from their small 2CV Dyanes to the DS23s and the mid-market GSs, Citroen cars have always had the distinction of advanced engineering and concept built
    with Hermes  -  1,072 words
  • 831 14  -  Another month of squash tournaments begins from today. CHARMAINE CHAN provides the details the names, the changes, the place CHARMAINE CHAN ONE of the objectives of the 1981 Anchor Business Houses Squash League (ABHSL) is to encourage the participation of lady players from the grassroots level. The
    831 words
  • 152 14 AP TENNIS is likely to return as an Olympic sports in 1988, according to a proposal made on Thursday by the executive board of the International Olympic Committee. Arpad Csanadi, head of the executive board's programme commission, said the application of the International Tennis
    AP  -  152 words
  • 80 14 HARDLINE League Club chairmen have unofficially delivered the Football Association (FA) an ultimatum: "Allow paid directors or we pull out of the FA cup", It is reported in the Daily Express on Thursday. And they have threatened to stage a rival competition if they pull out. In an
    80 words
  • 655 14  - Your wife the pro golfer By RUTH BONAPACE AP THE GRIND of the US pro golf tour is enough to strain the fabric of even the strongest marriage. When a woman golfer's husband is pulled in other directions by his own career, it takes a lot of compromise, patience and
    AP  -  655 words
  • 582 14  -  By RICHARD SEAH "ONLY a madman or a Christian sails against the wind." The early Arab seamen were reputed to be the world's best. One of the most famous sailors Sinbad, not Popeye is an Arab, although he "lived" only in the fantasy tales of a thousand
    582 words
  • 336 14 TODAY GOLF: Jurong: The local amateur circuit starts at the Jurong course today with golfers from the 'C' division who compete in the Jurong Open 'C' tournament. The 'A' and 'B' Opens will be held next weekend. SICC: At the New course this afternoon, the golfers taking
    336 words