The Business Times, 28 July 1984
1984-07-28
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The Business Times
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Title Section11 1984-07-28 1 BUSINESS TIMES M.C. (P) No. 66/1/84 SATURDAY, JULY 28,1»4 60 CENTS11 words
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623 1984-07-28 1 ALVIN TAY - COMPANY STILL LOOKING FOR PARTNER? By ALVIN TAY A MAJOR shake-up in the organisation structure, capital structure and shareholders' composition of Far Eastern Bank (FEB) is forthcoming, judging from the bank's latest annual report. FEB chairman Mr Ng Quee Lam told shareholders:623 words
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Article, Illustration293 1984-07-28 1 WANG LOOK KEAH - By WANG LOOK KEAH, Transport Correspondent SINGAPORE'S Mass Rapid Transit trains will be made of aluminium instead of stainless steel. The MRT Corporation has decided on the lighter aluminium train car body, which is more energy efficient. The energy consumption of293 words
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212 1984-07-28 1 THE LOCAL architectural fraternity has sufficient experience, skills and maturity to take on regional jobs if they restructure into larger companies. Minister for National Development, Mr Teh Cheang Wan, told the Singapore Institute of Architects' annual dinner last night212 words
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Article, Illustration66 1984-07-28 1 IN TANDEM with Wall Street, share prlees tewW their secsad straight day of galas ea the Sbgapsre stock market vesterdav. The day elesed with the allsector BT Cempsslte iadex rising 8.» petals to THM, while the Straits Times Industrial Index shet ap ISJC paints to NUB, Dealers said66 words
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329 1984-07-28 1 LISA LEE - By LISA LEE LOWER buildings and more open spaces may soon feature in private housing developments, following a review of the existing standards. The Development and Building Control Division (D&BCD) is recommending that more leeway be given on site coverage and communal open space329 words
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207 1984-07-28 1 UPI AMERICA'S merchandise trade deficit was US$B.9 billion in June, about the same as in May and far below the record levels hit in the first (our months of the year, the Commerce Department said yesterday. Import purchases declined for the second month inUPI - 207 words
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445 1984-07-28 1 JEFFREY TSANG - By JEFFREY TSANG PINEAPPLES, Oranges and Mangoes may soon be banned in Singapore, leaving only Apples to be found on the shelves of computer vendors, if manufacturers such as Apple Inc intensify their campaigns against computer piracy. The computer manufacturer announced445 words
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Page 1 Advertisements
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Advertisement162 1984-07-28 1 ENEXASIA 4 "84 UTECHNICAL CONFERENciV" "AND WORKSHOP SESSIONS' Eminent technologists from 10 countries presenting the latest in electrical electronic engineering For more information, call:INTERFAMA PTE LTD Tel: *****12 THE WHOLE GOLFING WORLD IS TALKING ABOUT... > The Revolutionary Lightweight Clubs! the world's leader in golf club making is one of162 words
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Advertisement251 1984-07-28 1 mm SHARE INFORMATION 10 RAW MATERIALS 4 MONEY EXCHANGES 5 THE Singapore Polytechnic has a record number of graduates this y«or. Of the total of 2,763 graduates, 615 are women. This compares with 561 women graduates the previous year. P«g«2 GUANGZHOU is to open an economic zone for use by251 words
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Advertisement189 1984-07-28 1 |[;]:$<?;{\>&&~%_=*.!$-_~[~*/") Businessmen The Hongkongßank Action Team is just a call away The Hongkongßank Action Team. A group of highly trained men and women with special financial skills to bring you fast and efficient action on your banking requirements. Give us a call and one of us will come and see189 words
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Advertisement34 1984-07-28 1 South East Asia's sth Biennial International V Electrical Electronic Engineering Exhibition.' 23 27 October 1984 World Trade Centre SINGAPORE An Interfama organised show Tel *****12 I HDB signs up mors rsnovstton contrsctors, Psgs 1234 words
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HOME NEWS
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336 1984-07-28 2 ANNA TEO - By ANNA TEO THE SINGAPORE Polytechnic has a record number of graduates this year and the number of women graduates has also increased. A total of 2,763 graduates from the various engineeering disciplines, an increase of 238 over last year, will receive their scrolls at336 words
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209 1984-07-28 2 APPLE SET the lead in fruity names for microcomputers, and it was not long before Green Apples, Oranges, Pineapples and Mangoes made their appearance. Now, a microcomputer named after a flower has made its debut in Singapore. The Dutch-made system, understandably called the Tulip,209 words
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Article, Illustration409 1984-07-28 2 JACOB PENA has been named managing director of Intel Singapore Ltd. Mr Pena has been with Intel for 10 years. Prior to his new appointment, he was general manager of Intel's component assembly and test operation in the Philippines. He has a Masters of Science degree in409 words
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Article287 1984-07-28 2 Seminars and courses DURATION TITLE July 25 Personnel Management For Your Own Business July 25-Oct 27 Public Relations Management July 26 M&E Building Services July 26 Finance For Small Business July 26, 27 Avoiding Disputes In Employment Law And Industrial Relations July 27 Sunbelt vs Frostbelt In The US287 words
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207 1984-07-28 2 AN INSTITUTE of higher learning may not be the first place to spring to mind when infants are mentioned, but students at the Ngee Ann Polytechic will soon see quite a few of them in and around207 words
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57 1984-07-28 2 THE MINISTRY of Labour is producing a newsletter on labour laws and policies for employers. The first quarterly publication will be out next month. It will discuss the recently amended Employment Act. In other issues, topics relating to the enacted laws and rules on57 words
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Article46 1984-07-28 2 THE REPUBLIC of Singapore Air Force (RSAF) will conduct an air exercise today between 5.00 am and B.ooam. Aircraft will be flying at low level over Seletar, Loyang and Pulau Tekong areas during this period. The public is advised not to be alarmed.46 words
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362 1984-07-28 2 LEE HAN SHIH - By LEE HAN SHIH IF YOU CAN convince your friends, relatives and business associates that they should not leave home without an American Express card, you may just win two Macintosh computer systems worth more than *14,000. This is the latest incentive offered362 words
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Article, Illustration265 1984-07-28 2 SOME OF THE more expensive military weapons belonging to the SAF will be displayed for the first time on National Day. Those who attended the dress rehearsals might not have realised it, but the I-Hawk surface-to-air missiles and engineer tanks which they265 words
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253 1984-07-28 2 THE NATIONAL Productivity Board, under the auspices of the steering committee on labour-management cooperation, is organising a one-day seminar entitled Labour-Man-agement Cooperation The Mobil Seikyu Experience. The seminar is designed to give chief executives, managers and union officials an understanding of how the Japanese253 words
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233 1984-07-28 2 TICKET numbers *****00, *****94 and *****74 have won the top prizes of $100,000 each in the Chartered Bank's $500,000 computerised lucky draw for savings account holders. The draw was held yesterday afternoon at the bank's computer centre, Crosby House, Robinson233 words
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140 1984-07-28 2 THE VOLUNTEER Probation Officers and the staff of the Probation and Aftercare Service are jointly holding their fourth biennial dinner and dance VPO Nite '84 at the Dynasty Hotel Ballroom, Dynasty Hotel today under the patronage of Dr Ahmad Mattar, Minister for Social140 words
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Article, Illustration176 1984-07-28 2 COURTESY through a child's eyes won top prize in a poster competition organised by the Housing and Development Board. The winning entry, by Lim Seow Peng, aged eight, depicts a common thoughtless act experienced by high-rise dwellers having freshly-laundered clothes stained by176 words
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OVERSEAS
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286 1984-07-28 3 AP CHINA has reported big increases in industrial output, grain production, personal savings and income for the first half of 1984, but conceded that prices also rose and popular consumer goods remained scarce. The announcements were made on Thursday at a news conference byAP - 286 words
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Article, Illustration342 1984-07-28 3 Reuter THE US refusal to grant visas to three Libyans has plunged the boycott-plagued summer games into fresh controversy, with security remaining the biggest headache on the eve of the Los Angeles Olympics. The State Department cited security concerns as itsReuter; UPI photo - 342 words
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Article125 1984-07-28 3 AP A US JUDGE on Thursday dismissed the indictment of three naturalised US citizens and two Hongkong residents charged with conspiring to smuggle classified military equipment to China. US district judge H Lee Sarokin said the case had to be thrown out because the Federal OfficeAP - 125 words
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387 1984-07-28 3 Bernama WORKING MOTHERS in Malaysia have been urged to consider giving up their jobs when their family has grown bigger and their husbands are earning enough to support a healthy family. Prime Minister Datuk Sen Dr Mahathir Mohamad believed this would help toBernama - 387 words
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WORLD IN BRIEF
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Article40 1984-07-28 3 THE Malaysian Airline System will be privatised to generate funds for upgrading its current fleet, MAS managing director Abdul Aziz said yesterday. Plans to privatise the government-owned airline, now being worked out, would be implemented in 18 months.40 words
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Article54 1984-07-28 3 WITH dethroned Miss America Vanessa Williams being pictured in the nude in Penthouse magazine, Kellogg's Cereal Company has decided against picturing her with roses on boxes of corn flakes. At the National Urban League Convention this week, Kellogg had planned to distribute 10,000 cereal boxes with Miss Williams'54 words
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Article57 1984-07-28 3 TOP Soviet theatre director Yuri Lyubimov, now living in Italy, has been stripped of his citizenship for activities "hostile to the Soviet state", an official of the Soviet parliament said yesterday. President Konstantin Chernenko had signed a decree on July 11 depriving the former chief of Moscow's prestigious Taganka57 words
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Article75 1984-07-28 3 INDIA'S net diamond exports in the first three months of this year fell to 290 million rupees from 740 million in the same period last year because of price changes by the Central Selling Organisation (CSO). Diamond traders said the CSO had increased prices of small low quality75 words
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Article65 1984-07-28 3 AUSTRIA yesterday ordered its Washington ambassador to protest against published comments by US officials that Austria was unwilling to stem leaks of high technology to the Soviet bloc, an Austrian official said. A front-page story in Wednesday's Wall Street Journal quoted unidentified US government officials as saying Austria65 words
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Article52 1984-07-28 3 INDIA'S most famous monument, the white marble Taj Mahal, is turning yellow. It is unclear why the building, put up 331 years ago by Shah Jahan in memory of his favourite wife Mumtaz Mahal, is changing colour but pollution has been suggested as the likely culprit by52 words
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Article59 1984-07-28 3 CHINA hopes to announce the second round of bidding for offshore oil contracts by the end of this year, an official at the China National Offshore Oil Corporation Hongkong office said yesterday. Preparation is already underway in China for the second round of bidding because of the optimism59 words
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209 1984-07-28 3 Reuter ANTI-DUMPING rules in the EEC will be streamlined next month to allow for swifter action against exporters of unfairly-low priced goods. Commission Director, HansFriedrich Beseler, said the new rules, to take effect on Aug 1, were aimed at cutting delays in imposing anti-dumpingReuter - 209 words
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Article81 1984-07-28 3 Reuter BRITAIN AND China have signed a comprehensive double taxation agreement which should lead to even closer bilateral trade, economic and industrial relations. The text, subject to approval by the British parliament, was signed in Beijing by ambassador Richard Evans and ViceMinister of FinanceReuter - 81 words
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670 1984-07-28 3 NYT THE US HOUSE of Representatives, in a step towards protectionism, on Thursday approved by a lopsided vote of 259-95 an administration-opposed Bill that would broaden the reach of the country's laws on unfair trade. It was the first trade legislation to passNYT - 670 words
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Article258 1984-07-28 3 Reuter, UPI DEMOCRATIC vice-presidential nominee Miss Geraldine Ferraro said she expects President Reagan to use rough tactics in the general election campaign. During a talk with reporters, Miss Ferraro, a congresswoman from New York, said her opponent in the 1978 congressional campaign had run "a veryReuter,; UPI - 258 words
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310 1984-07-28 3 UPI BRITAIN AND the US have signed an agreement on Thursday allowing US investigators to look into Cayman Island bank accounts used by alleged drug traffickers, the Foreign Office announced. Laundered bank accounts in the Caymans, a British Caribbean colony, wereUPI - 310 words
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278 1984-07-28 3 Reuter RUMOURS of an imminent breakup of Opec moved crude oil markets down five US cents to 10 cents a barrel in the cash market and futures fell 25 cents a barrel under Wednesday's settling prices. Rumours began with the report that NigeriaReuter - 278 words
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Article751 1984-07-28 3 ARRIVALS Operator Sorvice Loco) From number time PAA PA5 0020 JFK/SFO/HKG CAL G331 0150 TPE MAS MH681 0820 KUL KAL KE624 0840 KUL CV CV796 0845 LUX/AUH MAS MH601 0905 KUL SV SV386 0910 JED/RUH MAS MH671 0935 KUL MAS MH811 0940 PEN CAL CI806 0945 HLP751 words
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Article283 1984-07-28 4 AFP GUANGZHOU is to open an economic zone for use by international and overseas Chinese investors which may rival the booming Shenzhen special economic zone in southern China. Foreign investors may enjoy such privileges as tax-free remittance of profits, lower income tax rates, and be soleAFP - 283 words
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236 1984-07-28 4 FOR WANT of factory workers, companies in Singapore are stretching as far as Batu Pahat about 120 km away to recruit workers. Mr Sim Geok Peak told the Johore State Assembly yesterday that the workers were collected from a "point" in Batu Pahat236 words
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141 1984-07-28 4 SINGAPORE'S land reclamation and its effects on the Malaysian-Singapore territorial waters demarcation exercise will be one of the key tapirs to be looked into by new Malaysian Land and Regional Development Minister Datuk Seri Adib Adam. "I will be going to Johore soon to141 words
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380 1984-07-28 4 UPI BRITISH ENERGY Secretary Peter Walker has declared the country's state-run coal industry insolvent and blimed the miners' strike for part of a record billion-dollar industry loss as union leaders vowed to continue the walkout. "The National Coal Board is insolvent," Mr WalkerUPI - 380 words
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Article193 1984-07-28 4 AFP AMERICAN Vietnam war veterans injured by the toxic defoliant, "Agent Orange", on Thursday sued Washington for US$lO billion in damages, charging that the government knew of the dangers involved but took no precautions. Vietnam veterans last May won a $180 million provisional judgement againstAFP - 193 words
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Article57 1984-07-28 4 THE US Senate passed legislation on Thursday night to set up a process for states to protect seriously handicapped infants from the illegal withholding of' life-saving medical treatment. A statement submitted for the Congressional record said: "We should not turn our heads and deprive necessary medical care57 words
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276 1984-07-28 4 AP THE EMIR of Kuwait has ordered the air force to "shoot-on-sight" any intruder warplanes that violate the country's air space, the Kuwaiti Defence Minister said. Sheik Salem Al-Sabah, returning from a two-week arms buying trip to the Soviet Union and Hungary,AP - 276 words
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Article, Illustration60 1984-07-28 4 UPI picture THIS IS rush hour at Europe's longest water-chute. The chute ie at the Nettetal pool in the Elfel hills in Weet Germany. The two boys above will be coaeting over a length of 140 m, negotiating 42 bends and zipping through a tunnel before theyUPI picture - 60 words
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Page 3 Advertisements
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Advertisement14 1984-07-28 3 I*W AM Pan Am. Daily 7475P To USA. It Flies Smoother, Faster And Quieter.14 words
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RAW MATERIALS
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Article291 1984-07-28 4 SINGAPORE The market closed lower yesterday with August One RSS buyers quoted at 184.25 cents per kg, down 1.25 cents from Thusrday. The morning session opened about half a cent lower following easier London advices and fell further thereafter on lack on buying interest in quiet trading. Prices picked291 words
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Article275 1984-07-28 4 RAS prices (in S cents/kilo, FOB in boles) NOON CLOSE Buyers 5 titan Buyers Sellers Int 1 RSS prompt 182.00 I83.00N 182.00 183.00N Int 1 RSS Aug 184.50 185.00 184.25 184.75 Int 1 RSS Sep 191.50 192.00 191.00 191.50 tnt 2 RSS 179.00 180.00N 179.00 180.00N UK/Cont.275 words
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Article101 1984-07-28 4 (in cant*/1 ton Auaust September 1 (current mth) (forward mth) NOON NOON RAS Buyers Sellers Buyers Sellers SSfi 20 186 00 188 00N 187 00 189 OON SSR 50 184 00 186 OON 185 00 187 OON MRELB Buyers Sellers Buyer* SMR CV 234.00 236 .OON 236101 words
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Article85 1984-07-28 4 THE Straits tla price la Penaag yesterday remained at M 529.17 per hllo, with the buffer stock manager maintaining Strang support. Dealers neted con tinned small demand (ram Japanese and local Interests despite sterling's weakness against tie Malaysian dollar, which left the Penaag price at a £119 per85 words
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Article166 1984-07-28 4 MALAYSIAN crude palm oil prices yesterday closed higher on light covering and speculative buying. Trading was quiet amid reserve of sellers prompted by India's presence in the market and Pakistan's RBD palm oil purchase on Thursday. Interest centred on August, with central region rising Msls to $995 per166 words
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Article169 1984-07-28 4 .Yarn (In HK$ per bolt of 400 lb) China carded yarn, cones Blue Phoenix 16'* 3,450 Blue Phoenix 20's 3,550 Blue Phoenix 32'* 3,900 Blue Phoenix 40'* 4,350 Carded yarn, hank Blue Phoenix 21'* 3,600 Combed yorn, cones Blue Phoenix 32'* 5,500 Blue Phoenix 4C* .5,600 0 1 i169 words
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Article149 1984-07-28 4 Chinese Produce Exchange (Sellers' noon dosing price* oa July 27. S*/100 kg) Coconut oil Bufc FOB 215 00 Old drum FOB 228.00 New drum FOB 232 00 Copro Mixed (loose) 115.00 buyers Pepper Muntok white FOB NLW 587 50 Sarowak white FOB foq NLW 580 00 Sarawak special149 words
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Article273 1984-07-28 4 Singapore (SS/VHo, ei-godown) Thai white 100% 1st class (kangoroo) rttw crop 1 05 100% 2nd class 077 100% 3rd doss 075 25% new crop No stock B-10% No stock Thai broken A-super 062 Special 055 Thai rice 55% No stock China rice 10% 092 15% No stock 25% No273 words
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Article134 1984-07-28 4 WHEAT futures closed two to four cents per bushel higher yesterday, with September held to a four cent range. Steady exporter and commercial buying sparked rumours of an accelerated export booking pace (despite the strong US dollar) attracting professional buying support. Very slow country movement, with most farmers content134 words
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Article162 1984-07-28 4 SOYBEAN futures eased from early highs to close 8 to 11 cents per bushel lower in moderate trade yesterday. August posted a 20'/i cent range on the day. All months set new contract lows, keeping the technical picture bearish. Locals sold long positions taken earlier in the session when162 words
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Article688 1984-07-28 4 COFFEE Robusta futures at the end of a subdued session yesterday were £2 to £13 a tonne above Thursday night. September traded last at £2,206, up £10 from Thursday. News that the ICO daily price fell to 138.81 cents a lb from 140.40, and the 15 day average688 words
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Article224 1984-07-28 4 UPI A MAJOR Australian research breakthrough could save American grain and soybean farmers millions of dollars a year. A research team at the Australian National University (ANU) said they have developed, through plant genetics, a "super-nodulation" soybean which dramatically improves the fertility of the soil by nitrogenUPI - 224 words
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BANKING AND FINANCE
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441 1984-07-28 5 NYT THE WEST GERMAN government has announced that it may abolish as early as this summer the withholding tax which foreigners face when they invest in German fixed interest securities. In a surprise development on Thursday, Finance Minister Dr Qerhard Stoltenberg said that heNYT - 441 words
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278 1984-07-28 5 Reuter TWO RECORD loans just raised in Tokyo indicate that the Japanese yen is becoming a major currency for the world. Bankers in Tokyo said yesterday that Australia and New Zealand have each borrowed 100 billion yen (US$4OO million) in Tokyo's Marunouchi banking district, whereReuter - 278 words
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245 1984-07-28 5 SINGAPORE, as the financial hub of the South-east Asia region, is the likely choice for Export-Import Bank of India's next representative office. The chairman and managing director of the bank, Mr RC Shah, who is in Singapore on a fact-finding and goodwill245 words
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384 1984-07-28 5 AFP SOUTH KOREA ranks third after Brazil and Mexico among the world's most indebted nations, with US$4l.4 bUlkm owed, roughly $1,000 for every man, woman and child. Official statistics released in Seoul yesterday shows that rocketing oil prices are behind the country'sAFP - 384 words
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147 1984-07-28 5 Reuter FRENCH External Affairs Minister Claude Cheysson has accused Washington of failing to listen to international demands for action on the world debt crisis. "It is really difficult for us to understand why the Americans remain silent to the analysis we make in common,"Reuter - 147 words
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210 1984-07-28 5 Reuter THE US FEDERAL Reserve is likely to maintain an even monetary policy at least for the next three or four months, in spite of the current strength of economic expansion, Federal National Mortgage Association (FNMA) chief economist Tim Howard said. Reviewing FedReuter - 210 words
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430 1984-07-28 5 AP THE FOUNDER of the Philiipines' largest but financially troubled savings hank has accused central bank governor Jose Fernandez of arrogance and "endless scheming" and asked President Ferdinand Marcos to intervene in negotiations to get the crippled bank on its feetAP - 430 words
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153 1984-07-28 5 Reuter PANAMANIAN president-elect Nicolas Ardito Barletta has said that his country would maintain its banking secrecy laws. Mr Ardito described the laws as the "corner-stone" for developing Panama's "geographical location". Asked about large-scale drug trafficking through Panama and its relation to his country'sReuter - 153 words
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502 1984-07-28 5 Washington's USs4.sbn bail-out draws complaints AP, Reuter THE US government on Thursday made a record US$4.5 billion bail-out of Continental Illinois National Bank and Trust Co, whose aggressive lending practices left it teetering with a huge portfolio of bad loans including those to developingAP,; Reuter - 502 words
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129 1984-07-28 5 Reuter THE AMOUNT of bonds and notes floated by foreign borrowers on the Swiss capital market rose by about 9 per cent in the first six months of 1984 from year-ago levels, the Swiss National Bank said. In a preview to its monthly report,Reuter - 129 words
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MONEY AND EXCHANGES
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Article571 1984-07-28 5 SINGAPORE: THE US dollar recovered against major currencies in thin late trading yesterday to close narrowly mixed compared with New York's levels. The dollar was softer yesterday morning on some selling but rose in the afternoon on European buying on continued speculation about Opec unity. The dollar closed571 words
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Article72 1984-07-28 5 THE OVERNIGHT rate rose by 13/16-point to close at 7-13/16 per cent on the Singapore interbank money market yesterday. Term rates for the two and three-month maturities eased by 1/16-point each, while the one-month rate remained at Thursday's closing level. S$ interbonk rates at 3pm yesterday Offer Bid72 words
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Article98 1984-07-28 5 RESULTS OF TENDER held yesterday for 91-day Treasury bills to be issued from July 16 to 20: Offered: $125,000,000. Applied far: $158,500,000. Allotted: $125,000,000. Accepted Hds: $99.25 approximatedly 82 per cent: higher bids in full. Average rate of discount on aUotmeat: 3.005 per cent per annum. Discount prices98 words
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Article, Illustration173 1984-07-28 5 Asian market M a,,i| .-I, iniVrDsiiK dtpoitl ratM t us$ I OHm lid r 7 days 115/16 113/16 1 month 117/16 115/16 2 months 119/16 117/16 3 months 1113/16 11 11/16 6 months 12 1/4 12 1/8 9 months 12 1/2 12 3/8 12 months 12 3/4 12 5/8 SFr173 words
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Article201 1984-07-28 5 Interbank rates at 3pm Local Man to on# unit of foreign Hal yea Mar c roaa parity US dolor 2.1440 2.1450 2.8196 -23.96 Sterling pound Australian dolor ***** ***** 7.3469 •61.58 1.7945 1.7975 3 4286 47.66 NZ dolor ***** 1.0692 ***** 68.89 Canodion dolor 1 6329 1.6349 *****201 words
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Article281 1984-07-28 5 SINGAPORE Futures fluctuated within a US$3 range in moderately active trading yesterday on short-covering alternating with profit-taking before closing higher than New York's levels. December, the only traded position with a turnover of 692 lots, closed firmer at U*****.00 an ounce compared with New York's $346.10/346.90 close. HONGKONG The281 words
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FEATURES
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Article447 1984-07-28 6 YOU KNOW what they say give them an inch and they take a mile. As the world teeters on the brink of another sports squabble called the Olympic Games, Mr Nice Guy, Ang Peng Siong, is poised for a noble and unreasonable plunge into the .big-time447 words
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542 1984-07-28 6 FRANCES KERRY - By FRANCES KERRY Reuter IT HAS gabled cottages around the cricket field, physical education before breakfast, cucumber sandwiches for tea and an old boy network which still works wonders in job applications. It might be a British public school. But there's a stuffedReuter - 542 words
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Article, Illustration635 1984-07-28 6 R W APPLE Jr - By R W APPLE Jr NYT IS THE homely English bulldog, that wartime symbol of British pluck, the cartoonist's favourite personification of the national character, in the process of disappearing? Bow-legged, flat-faced, lowslung and burly, somehow simultaneously pugnacious and benign, the bulldog was identified with WinstonNYT - 635 words
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Article1062 1984-07-28 6 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Ship Voy Arrival Operator Gdn« FCL Location Benalder 62/558 287.84 2100 Ben Line FSB 0800-0900/0700-0800 F2/G2 Anson *****N 29.7.84 0700 Heap Seng TA 3 0900-1000/1700-1900 PI Harvester 39A/84 29.7.84 0900 SMS FSB 1400-1600/2000-2100 B7 Sea Fortune 32 29 7.841,062 words
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Page 6 Miscellaneous
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Miscellaneous1304 1984-07-28 6 to MD mud HIGHLIGHTS LIVING HERITAGES IN ASIA A Night for Woyong Hie Indonesian Shadow Puppets 8.03pm Channel 12 Thai dance, Indonesian Wayang, Korean pottery, Pakistan carpets, Indian music and Japanese lacquer work are highlighted. CENTRESTAGE The Second Part of King Henry The Fourth 8.35pm Channel 12 This play, first1,304 words
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TIME-OFF
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Article266 1984-07-28 7 CONCERTS Shell Lunchtime Concert Chinese Orchestral Music by a People's Association quintet. On Monday, at Shell Theatrette, Third Level, Podium Block, Shell Tower. 12.50pm to 1.30pm. Admission is free. An Evening of Music for Horn and Piano. With Hans Pizka (Horn) and Cheung Mun-Chit (Piano). On Aug 1266 words
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Article, Illustration918 1984-07-28 7 BRIAN MILLER - By BRIAN MILLER SAN MARCOS Court, tucked neatly in the suburb of San Luis Obispo, is a quaint and quiet place. Set just a stone's throw away from the hustle and bustle of downtown Los Angeles, its streets are tree-lined and918 words
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Article, Illustration1595 1984-07-28 7 MONICA GWEE - Think of unfailing sunshine, dazzling blue waters and the French Riviera immediately springs to mind. But MONICA GWEE found these and more in a country few Singaporeans even think about: Yugoslavia. MONICA GWEE ONE GO AT the calculator and a yen for the unknown should convince1,595 words
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Article, Illustration250 1984-07-28 7 THIS hairdo (left) didn't launch a thousand ships, but it did welcome some 60 tall ships at the Canadian port of Halifax last month. This picture from the Canadian government publication, Canada Weekly, shows Rose Turton on the Halifax waterfront waiting to greet250 words
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Page 7 Advertisements
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Page 7 Miscellaneous
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Miscellaneous799 1984-07-28 7 CRYPTIC PUZZLE ACROSS 9 No matter which patient is concerned, regordless (2, 3. 4) 10 Befceved to have quoted a revolutionary tf it (8) 12 To stort with, ring the prison (4) 13 A second afterwords, you see him on the roof (6) 14 What you think is a duck799 words
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INTERNATIONAL STOCKS
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244 1984-07-28 8 Reuter SHEARSON LEHMAN/ American Express, a wholly owned subsidiary of American Express Co, has agreed to take a 5 per cent interest in UK brokers L Messel A Co with a view to acquiring 100 per cent of the business in April, 1966.Reuter - 244 words
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152 1984-07-28 8 Reuter SECURITY Pacific Corp has signed a letter of intent to sell its 55-storey headquarters building in Los Angeles to a major institutional investor (or about US$3OO million. The company said it would make a significant gain from the transaction, a substantial portion of itReuter - 152 words
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Article40 1984-07-28 8 Reuter COLGATE-PALMOLIVE Co said some of the economic pressures that it experienced in the second quarter are likely to continue. The company yesterday reported second quarter earnings of US$54 million. A year earlier, it earned $56 million. ReuterReuter - 40 words
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277 1984-07-28 8 Reuter THE STOCK MARKET scored its second big gain in as many days on Thursday after an assist from a strong bond market and from unconfirmed rumours about troubles in Opec. The Dow Jones Industrial Average rose 10.60 points to 1107.55 and gainingReuter - 277 words
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Article113 1984-07-28 8 JULY 26 Abihbi c$ 26* Hud Bay Min Imp Oil Inco OvAU 34* 12 29* Ate on 32* 1 Int IM 22* 20 InH Nkkd 22* Korr Add 14* 10* 14* B«fl Td 32* 3* BP Con Ltd 23* 23* 29** 16* 22* Moor* Cp SO* 39 1 Mocondo113 words
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Article211 1984-07-28 8 JULY 26 tmmd 110 INOUSTtlALS Urate Woohwwth 510 1490 inch 170 3 A£ And O Amaprop 840 370 5 AngkM 2I2S 40 AMC 2825 1175 unch -5 AngKoal 1760 60 C G Smith I860 10 Buttafe 6625 225 CNA 245 470 +10 410 Cant OoW 975 15 1200 ■1000211 words
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Article715 1984-07-28 8 JULY 36 MS ACf hduilrm Ale on Ahjman 25 Alcoa 31* Al*gh«ny Lud 21 V» uncfc AJM Own Cp 29U 4k AM Stora» 42% unch ABa-Chahnar» 9 Am Brand» Inc 57* Am Broadcast 61 Am Can Co 41* Am Cycnanad 44* Am E*c Pwr 17* Am Eupmt 26*715 words
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Article900 1984-07-28 8 Amsterdam JULY 26 Ft> ABN ***** +8 Aagon ***** 65 AhoM 177 00 65 82 40 3 7 AMCV 148 30 5 3 Am»o» 53 80 +1 5 Boh 85 50 +2 5 231 00 unch Bo*ko 63 50 0 3 Cotond 35 50 0 3 332 00900 words
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Page 8 Advertisements
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Advertisement151 1984-07-28 8 h to wlae, aim; ana «aterMui v.". m» VPu should try our unique new menu... Braised fish maw soup with crab meat braised fungus soup with assorted meat, braised bean curd with vegetables, bvised diced chicken with fresh milk, deep-fried Pe Pa'bean curd, fried sliced mango, special deep-fried minced pork,151 words
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Advertisement138 1984-07-28 8 Spectacular Double Bill excitement hits ROBIN S TAVERN Two popular groups entertain from 5.15 p m onwards A single group performs on Sundays and Mondays Order a giass of White Horse Whisky, Be* Whisky, Saager Gin, BksquM VSOP or Tiger Draught Beer and oet a second Uvv pel ffW 1138 words
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Advertisement143 1984-07-28 8 *H|HUANG PALACE I# 9 m* s 0 9 >« Hong Kong Tim Sum served from 11 am to 230 pm (We also cater for weddings, anniversaries, birthdays and Chinese dinner functions.) For Resenmtkms plrav call 2W1122 F.xl 1117 or 1400 PRESIDENT MERLIN HOTEL SINGAPORE IHI. kiulMiK-r R<k«l Snupqaar OTJO I'H143 words
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Advertisement63 1984-07-28 8 Enjoy Our Prompt Efficient Service In Cool, Quiet Cosy Atmosphere WESTERN/ CHINESE/ TiTiMUIM Banquets Cater For Lunch Dinner Meetings Wedding Occasions, Birthday Parties At $16/- Onwards Per Person or Other Occasion With Function Rooms (Free of Charge) For 60 And Above. Taped Disco Music for your dancing pleasure. HOTEL GRAND63 words
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Advertisement148 1984-07-28 8 London stocks, Pago 11 Feng Cheng Lou for the best Teochew food in town. Discover mouth-watering delights prepared by Hong Kong chefs. Feel like royalty while you dine in Oriental splendour. Open daily from: 12.00 noon 3.00 pm for lunch and 7.00 pm 11.00 pm for dinner oßown OPRfNCE HOTEL148 words
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ASIAN STOCKS
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Article411 1984-07-28 9 HONGKONG: Share prices closed higher yesterday on speculation that local interest rates may be reduced and on a statement by British Foreign Secretary Geoffrey Howe that Britain will maintain control over Hongkong until 1997. Among the leaders, Cheung Kong rose 25 cents to HKJ7.OS, China light 20 to $10.60,411 words
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Article277 1984-07-28 9 JULY 27 NT Chem Indus 21 90 0.1 Lien Hwo Indus 12 80 unch AM Smear* Indus 8 30 -0 1 Nan Yo Plos 31 10 -0 1 25 30 -0 1 Pacific Cons 27 60 0 1 Cathay Coos 30 00 -0.1 Pocific Elect Chong Hwo Bonk 59277 words
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Article378 1984-07-28 9 TOKYO: Share prices closed sharply higher yesterday, helped by the overnight strong gain on Wall Street and rapid yen recovery against the dollar here. The market average rose 103.94 to close at 10,036.12 after gaining 132.07 on Thursday and the turnover was 320 million shares against 330 million on378 words
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Article71 1984-07-28 9 July 27 Bonk Seoul Woo 687 12 Hyundai Corp Hyundai Mot of KAL 930 671 485 750 50 1 30 ?0 652 +2 1260 -70 687 +7 430 -55 625 •19 Lucky Ltd 809 -7 Daewoo Corp 522 640 +2 +3 Samsung Co 662 995 -8 15 681 -271 words
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Article375 1984-07-28 9 SYDNEY: Metal stocks drifted lower yesterday afternoon in a technical reaction to Thursday's rally after Australian shares opened firm following another strong performance on Wall Street. At the close, the All Ordinaries Index was 1.2 points higher at 683.6, and the All Industrials was 6.8 points up at 977.0375 words
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Article162 1984-07-28 9 BANGKOK: Share prices closed mixed in moderate trading yesterday. The Book Club Index fell 0.16 to 118.16 on turnover of 13.0 million baht with 80,991 shares traded. Siam City Cement rose two baht to 388, Jalaprathan Cement gained one to 121, Thai Farmers Bank dropped two to 234, Saha162 words
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Article117 1984-07-28 9 MANILA: Share prices closed generally easier yesterday in trading which remained dull. The Commercial and Industrial Index eased 0.06 to 124.24 and the Mining marker fell 1.36 to 951.15. The Oils Index was unchanged at 0.743. Benguet Con B rose to 110 from 105. Atlas Conß fell to 26117 words
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Article66 1984-07-28 9 HOLIDAY INN International-Asia/Pacific is to manage a new 120-room hotel in Sibu, Sarawak. It will be known as Holiday Inn Sibu and is scheduled to be opened in 1967. It will be the second Holiday Inn in the state. Holiday Inn Kuching with 165-rooms was opened66 words
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255 1984-07-28 9 Using new computerised equipment for work Bernama LYSAGHT GALVANISING Services Sdn Bhd has entered into an agreement with a Japanese firm to manufacture a wide variety of steel tower sections using new computeriesed equipment from Japan. Lysaght said the Japanese firm, Nippon Denro Manufacturing CoBernama - 255 words
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Article130 1984-07-28 9 AFP BROKEN Hill Proprietary Ltd (BHP) yesterday reported a record annual profit of AJ622.24 million. The once-depressed steel division staged a remarkable turnaround with a A 172.34 million profit compared to its heavy loss in 1963. BHP directors said the improvement in the steel division wasAFP - 130 words
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295 1984-07-28 9 Bernama SETAMA SDN BHD, a wholly Malaysian-owned company that has set up a soft drink canning plant in the Pasir Gudang industrial estate in Johore, has commenced production of carbonated drinks. The $3-million automated plant, is producing a brand of carbonated drinks which is popularBernama - 295 words
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Page 9 Advertisements
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Advertisement114 1984-07-28 9 mmmmmmm. Jit' s*'' 4 'J I Si pw I «i -fv to wlae, ite aai ssMtia as j wf m I V f£,T* m NonvaJ 1 cia l at the Luna. o^l COFFEE HOUSE 2nd Floor 'vASM.'S mku i m n i > ♦vyr ,*f <L Baron's Table Sunday Brunch...114 words
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Advertisement138 1984-07-28 9 rt. For sushi. For teppanyaki. For other authentically Japanese delights. < I "I I ■>'< > M M /I I <1 I I < n rrserratK >ns all /.•>/'H)/ i I ll'k *"^ll4'l*: ll< >1 I I 124: l| >4 A \M IM3BI us your blues, your old time jazz,138 words
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Advertisement113 1984-07-28 9 Paramount Hotel IWh#fS ffi# happy poopt*' COME on a gourmet adventure beneath the starlit sk\ 4 Steamboat =1 Fvcrv Sundav f> pm to 1 I pm A 3ST A > For two: S2M For tour: $Sf» Formx C J A -fan ijeA delicious choice of fresh and succulent seafood meat113 words
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Advertisement143 1984-07-28 9 Thtfll fOO©& tWHCRfIfT fesnv^t. 23-29 July 1884 A im Once again Hilton's Orchard Cafe creates culinary excitement with a difference Dine on authentic Thai favourites, prepared by chefs from Hilton International Bangkok As an added attraction, a Chiang Mai umbrella painter will be in residence, demonstrating this popular Thai handicraft.143 words
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Advertisement111 1984-07-28 9 GOPF6E GARDEN,' 1 we serve son poaiiA tbe clock r f Our newly extended Coffee Garden is now better than ever. Whether you have an appetite for local or continental food, you'll find our staff friendly and efficient, our food appealing and delicious. Try our famous claypot specialities, Hainanese chicken111 words
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SHARE INFORMATION
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Article, Illustration4135 1984-07-28 10 STRONG follow-through buying caused share prices on the Singapore stock market to close higher across the board yesterday. At the final bell, the broad-based BT Composite Index added 8.23 points to 796.34 while the Straits Times Industrial Index shot up 13.36 points4,135 words
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Article248 1984-07-28 10 SINGAPORE Rises Indices July 26 .My 27 y* '090 +90 788 11 796 34 ITr 600 ®5 IThfcMr 2371KM *****55 i 111 700 +40 IT OttOS -152 -56 L C 625 +35 ST Mwtnob 991 02 904.39 •wxnw Kowot 444 4 34 ST Fiona 2563 72 2590248 words
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Article348 1984-07-28 10 THE Kuala Lumpur stock market extended its rally for the second day yesterday with share prices finishing higher on a broad front. Trading became active as investors returned to the market. Interest was again generally focussed on industrial issues with Sri Hartamas Corp, which348 words
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Article4201 1984-07-28 10 BID and offer price* 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. All Time SetUement Con tracts are quoted after the word4,201 words
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COMPANY NEWS
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Article668 1984-07-28 11 RAMESH CHANDIRAMANI - Reverse takeover by Sabah Foundation on the cards By RAMESH CHANDIRAMANI TRADING in the shares of North Borneo Timbers Bhd was suspended yesterday pending the outcome of negotiations on a significant acquisition by the company. The market grapevine says these negotiations involve the Sabah Foundation and668 words
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372 1984-07-28 11 CHAN OI CHEE - By CHAN OI CHEE IN AN UNEXPECTED twist of events, Sun Hung Kai International Ltd (SHK) has pulled out as the financial representative for Hongkong-based Tai Sang Land Development, currently a takeover target of United Industrial Corporation. SHK was supposed to372 words
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Article2467 1984-07-28 11 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. INDUSTRIALS Alex Hldg cd Alcorn (2.098) (5) 2.07 (I) 2.092,467 words
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290 1984-07-28 11 Reuter THE BRITISH government is not expected to refer Standard Telephones Cables PLC's (STC) bid for ICL PLC to the Monopolies Commission, stock market analysts said. While they saw no reason on competition grounds for a referral, they emphasised the difficulty ofReuter - 290 words
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Article, Illustration252 1984-07-28 11 By HOCK LOCK SIEW IN ONE fell swoop, North Borneo Timbers's price action this week wiped out three years of bearish sentiment as if it was never there. On the back of the strong buying interest this week, the counter's share price surged ahead on renewed confidence andBy HOCK LOCK SIEW - 252 words
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Article210 1984-07-28 11 Monoo«rs' prices for July 28 29 Singapore Unit Trust Th* Cormwct 3.17 3.37 Th* Savings Fund 1 95 2.07 S'por* Prog Find 1.41 1.50 S'por* Sec. Fund 2 15 2 28 S'por* Invest Fund 1.18* 1 25* S'por* Equity Fund 1.41 1.50 Asia Unit Trust Second B'putra Third210 words
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Article828 1984-07-28 11 THE market closed lower in quiet trading yesterday, overshadowed by rumours that Opec may soon break up, falling spot oil prices and the weaker sterling, dealers said. They added that the market moved narrowly above the lows on light new time buying and at 3.30pm, the FTSE 100828 words
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163 1984-07-28 11 SPP LTD will be paying half of the total cash consideration of $5.96 million for the acquisition of the entire issued capital of Progressive Builders Pte Ltd upon signing of the sale and purchase agreement. The remaining 50 per cent amounting to $2.96 million163 words
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Article149 1984-07-28 11 GOLD COIN Ltd has taken up a 51 per cent equity interest in PPES-Wang Emas Poultry Farms Sdn Bhd, by subscribing (or 765,000 shares of MJl each. The company has a paid-up capital of $1.5 million and an authorised capital of $3 million. Although the company' has not149 words
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Article96 1984-07-28 11 HONGKONG Australian Industrials Hong Seng Index Friday 977.0 Thursday 970.2 Friday ***** Week ago 969 8 Thursday 763.07 Week ago 801.10 NEW YORK Dow Jones TOKYO Thursday 1107.55 Wednesday 1096 95 Tokyo Dow Jones Week ago 1102.92 Friday *****.21 Thursday 9932.18 Standord and Poors Week ago 9945.27 Thursday96 words
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451 1984-07-28 12 SOH TIANG KENG - By SOH TIANG KENG, Banking Correspondent THE SINGAPORE International Monetary Exchange (Simex) will extend its daily trading from six to seven hours to allow its members more time to trade with Europe. From next Tuesday, the exchange will trade from 9am to451 words
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309 1984-07-28 12 THE SHARP recovery in the price of gold on Thursday proved to be only temporary because the metal plunged US$l5 per troy ounce in Singapore yesterday. The Singapore dollar, which gained about 1.5 eMb against the American dollar on Thursday, lost almost309 words
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346 1984-07-28 12 IT DOE]S NOT matter whether you run, walk or crawl the 1,600 m Charity Classic event, as long as you produce a minimum of $1,000 to take part Charity Classic is a sporting event jointly organised by The346 words
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307 1984-07-28 12 UNIONS MUST take the lead in showing employers where Singapore's national interest lies. Mr S Dhanabalan, the Minister for Foreign Affairs and Culture, told unionists yesterday that many employers are foreigners and may be slow to realise that good industrial relations307 words
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373 1984-07-28 12 LISA LEE - By LISA LEE MORE RENOVATION contractors have registered with the Housing and Development Board, and some will employ Hongkong workers to overcome the labour shortage in Singapore. More than 200 renovation contractors responded to the housing board's call to meet the huge demand in373 words
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331 1984-07-28 12 Reuter MORE THAN 100 Lloyds underwriters face suspension from business for failing to meet the requirements of the Lloyds solvency test, the Council of Lloyds said. A large number of those who failed to provide the necessary audited accounts of funds, whichReuter - 331 words
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128 1984-07-28 12 AFP PRESIDENT Ronald Reagan has spurned an offer to look at nude photographs of this year's Miss America, Vanessa Williams, published in the latest issue of Penthouse magazine. "I don't look at those kind of pictures. I'm a good boy," Mr ReaganAFP - 128 words
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Article, Illustration426 1984-07-28 12 JEFFREY TSANG - By JEFFREY TSANG TRISHAW RIDES, once a prime tourist attraction in Singapore and Malaysia, are fast losing popularity among the 2.8 million tourists who visit the countries each year. Industry sources in Singapore estimate that business has declined by more than 40 per cent426 words
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Article65 1984-07-28 12 WALL Street stock prices were mostly higher in early trading yesterday as the market reluctantly continued its two-day rally. The Dow Jones Industrial Average was unchanged at about 1107. Overall, gainers held about a five to three lead over losers. Volume was about eight million shares in65 words
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LATE FILE
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Article37 1984-07-28 12 AP PRESIDENT Marcos yesterday ordered the central bank to give the Philippines' largest but financially crippled savings bank the cash assistance it had been seeking so it can reopen next week. APAP - 37 words
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Article53 1984-07-28 12 AFP MALAYSIAN Justice Minister Datuk James Ongkili yesterday proposed that Asean member countries coordinate their legal and judicial systems. Dr Ongkili, who made the proposal in a meeting with visiting Asean Law Association secretarygeneral Mohamed Radhie, said he hoped to discuss with his Asean counterparts plans forAFP - 53 words
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Article55 1984-07-28 12 Reuter MANILA has called off its "secret marshals", plainclothed special agents assigned to protect bus passengers from bandits. Police commander Major-General Prospero Olivas said yesterday that the agents were called back to their police and military units because "the peace and order situation in theReuter - 55 words
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Article44 1984-07-28 12 Reuter THE European Parliament yesterday re-froze a £750 million ECU budget refund for Britain. It voted to block payment of the money at least until a supplementary 1964 budget is introduced to fill a hole in the community's finances. ReuterReuter - 44 words
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Article63 1984-07-28 12 UPI THE Soviet Union yesterday announced that it would not hold talks with the US this September on banning weapons in space because the Reagan Administration's response was "negative". Deputy Foreign Minister Viktor Komplektov said that "the present position erf the US makes impossible"UPI - 63 words
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Page 12 Advertisements
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Advertisement470 1984-07-28 12 K TIMES CONFERENCES PRESENTS THE MOST AUTHORITATIVF CONFERENCE ON INVESTMENT MANAGEMENT: MARKETS, TECHNIQUES AND STRATEGIES 13. 14. 15 SEPTEMBER. 1984. SHANGRI-LA HOTEL. SINGAPORE -p ,fvCONFERENCE CHAIRMAN Mr Steven G Edersheim, Manager/Vice President- International, Drexel Burnham Lambert SPEAKERS AND TOPICS IMPACT OF THE U.S. ECONOMY ON INTEREST AND EXCHANGE RATES Mr470 words
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Page 12 Miscellaneous
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Miscellaneous52 1984-07-28 12 jJIMUSii Outlook for todov: Showers in the morning and afternoon. Report for 24 hours prior to 7.30pm on July 27 at the airport: Maximum temperature 31.3 Associated humidity 74 Minimum temperature 24.8 Associated humidity 94 Hours of sunshine 2.65 Rainfall in millimetres 0.1 Roinfoll this month 124.4 Rainy days this52 words
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