The Business Times, 13 December 1980

Total Pages: 14
1 14 The Business Times
  • 12 1 BUSIN ESS TIMES M.C.(P) No. llt/l/M SATURDAY, DECEMBER IS, IIM 50 CENTS
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  • BRIEFLY...
    • 59 1 Reuter TOKYO, Fri. The United States today strongly urged Japan to increase defence expenditure in line with American and West European efforts to counter-balance growing Soviet military expansion. The call was made by US defence secretary Harold Brown in separate meetings with Japanese Prime Minister Zenko Suzuki and
      Reuter  -  59 words
    • 81 1 UPI BEIRUT, Fri. Iran reported today its forces have bombarded a string of Iraqi positions along their common battered border amid a stream of charges of atrocities against civilian targets, on the 82nd day of the Persian Gulf war. Two separate Iranian military communiques, broadcast by Iran's dfficial
      UPI  -  81 words
    • 91 1 AFP TOKYO, Fri. The Japanese economy is presently growing at a slower pace than earlier this year due to sluggish personal spending, a leveling off of industrial production and increasing pessimism among enterprises about future business prospects, a top government economic policy planner said today. At a meeting
      AFP  -  91 words
    • 74 1 Reuter SINGAPORE, Fri. Vietnam has told neighbouring countries of its plans to reactivate the air corridors over Ho Chi Minh City that have been dormant since the communist takeover five years ago, aviation sources here said today. The sources said three Vietnamese officials, led by Deputy
      Reuter  -  74 words
    • 61 1 AFP LONDON, Fri. Iran is to resume oil exports from the Kharg Island terminal, sources at the London Shipping Exchange reported today. Two oil tankers had just been chartered here to make shipments to Turkey and Rumania. The Gulf island oil port was closed down
      AFP  -  61 words
    • 61 1 Reuter BALI, Fri. Security forces went on special alert on this tourist island today to prevent the entry of people seeking to disrupt next week's Opec ministerial conference. Brigadier General Dading Kalbuadi, local military commander, told land, sea and air force units to maintain special vigilance
      Reuter  -  61 words
    • 75 1 Reuter BEIJING, Fri. The Chinese foreign ministry today side-stepped a question on whether Chairman Hua Guofeng would step down at the next party congress and be replaced by Communist Party general secretary Hu Yaobang. There is an increasing feeling in Beijing among diplomats, and privately among some
      Reuter  -  75 words
  • 140 1 Falls Indices Pegi Maia 1190 M Banking 1440 C Sugar. 950 Mega Chem 310 Sel Properties 1400 Magnum Corpn 1660 Straiu Trading 1140 8 T P 1975 990 Guinness 750 O U E 610 Orieatal Hldga 520 M Cablea 380 M U I 1360 Rises -70 -50
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  • Article, Illustration
    136 1 Falls Tronoh 1750 -100 D Keramat 1710 -70 P Chem 700 -60 S Trading 1200 -50 Berjuntai 1340 -50 Syn Resins 675 -40 PMC 1220 -40 Magnum 1740 -40 Per lis 595 -35 S'pore Glaes 250 -30 Boustead 710 -30 Rises Hong Leong Finance 605 +25 Kamunting 480
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  • 706 1  -  MOVE SEEN AS DEFENSIVE By MARGARET THOMAS LOCAL law firms, threatened by the Government's new open door policy on the entry of foreign law firms, are hurriedly wooing prospective foreign associates. At least two of the big local firms, Drew and Napier and Allen and Gledhill,
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  • 274 1 PERMANENT residents intending to buy a HUDC flat would now have to wait a minimum of five years before obtaining the keys. HUDC announced late yesterday that the waiting list for HUDC flats will now be split into two. Permanent residents who are already on
    274 words
  • 512 1  -  By RONNIE LIM EXXON Chemicals has still not officially lifted the lid off its project "Alpha" but there is now no doubt this is to be a major petroleum chemicals plant to be built in Singapore alongside the Esso refinery on Pulau Ayer Chawan.
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  • 281 1 Reuter IRAQ will support Indonesia's call for a 10 per cent increase in the price of Opec oil to be tabled at the Opec ministers' meeting in Bali on Monday, its oil minister Tayeh Abdul Karim said in Kuala Lumpur yesterday. On arrival for a
    Reuter  -  281 words
  • 262 1 IN ONE sf lis msst dramatic declines la a single week, the stock market eeattnned to fall yesterday, poshing tke Straits Times Industrial Index dews a total sf 41.52 psinta In Jut Ave trading days. Tke Index ctoscd sff tke week at
    262 words
  • 321 1  -  By CHOO AI LENG TWO listed paper products companies, in separate announcements, yesterday disclosed significant changes in the shareholdings of their respective companies. Paper Products (Malaya) said Hong Hong Corporation of Penang had acquired 5,100,375 shares which represents a 30 per cent interest in the group.
    321 words
  • 116 1 THE CPF is studying the details and implications of implementing and administering the recently announced scheme in which CPF savings may be used for buying private property. Questions such as whether the CPF or a lending financial institution will have first lien on a property bought with a
    116 words
  • Page 1 Advertisements
    • 6 1 r Companies' Of Singapore (Buku Merah)
      6 words
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    • 64 1 8m hack page LEISURE TIMES FIRST empisymeat ageacy far tearlst k«Mm i ONLY (air bamipatraa' resaiattsas will In MfiopM s SOUTH bml less Is Taiwan's gala C IMPACT st alrtiaes' big speadlag ipne 7 FORECAST cf law laterest rates far Malaysia. I CHEAPER gsy drawiag la the CROSSWORD TV AND
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    • 68 1 vs >UH^SS 4 m m Leader...p&ge C for :/>ou u bo Ih'ju ahoul rum fr<jta Cahct. .1 ruh r c J u nit t>;M tsnt.pLiubl) niello u. .hi J a arnf'lntu nl an; din ini' affair ah of r<>m tht /nil u n.\ }urd\ of h ranee CALVET U ell
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  • TRADE AND INDUSTRY
    • 242 2 ASIAN-AMERICAN Merchant Bank Limited (AAMBank) has promoted the following senior officers with effect from January 1981: Retort Tai Sick Hut (mbtve), from senior manager (investment and corporate finance) to assistant general manager, with responsibilities for two functional areas corporate advisory and investment management, and head of operations.
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    • 299 2 AN EMPLOYMENT exchange for tourist guides is expected to be set up in February next year. It will be run by the Registered Tourist Guide Association (RTGA) with the help of the Singapore Tourist Promotion Board (StfPß). Mr Joseph Kong, the deputy executive director of
      299 words
    • 536 2 JEWELLERY exporters interested in the Japanese market should ensure that gold items are certified by an approved jewellery association. This advice was given by the managing director of the Gemmological Association of All-Japan recently when he met Singapore's trade representative in Japan. He said Japanese buyers are particular
      536 words
    • 281 2 TACHOGRAPHS In effect, automatic vehicle logbooks may help to increase the awareness of the need for greater safety on Singapore roads. This was spelt out by Mr Heinz Kiss, managing director of Kienzle Instruments Australasia Pty Ltd, who conducted a seminar organised by Motion
      281 words
    • 190 2 AUSTRALIAN company Jenkin Buxton Printers may be of help to credit card companies which want faster supplies of cards. The company offers a full service in designing, printing, laminating, applying signature panels and die-cutting plastic cards. Mr Malcolm Jeffrey, manager of Jenkins Security (a division of Jenkin
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    • 161 2 CAR spare parts suppliers and people in related industries were invited to Ming Court Hotel yesterday for a preview of what the organisers described as the world's second most important automotive trade show. Billed as "a show for all the professionals in
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    • 387 2 SALES reported by exhibitors at Machine Asia Metal Asia 80 reached an estimated total of $16.3 million, an increase of over 60 per cent compared to last year's. Trade visitors to the show also increased. As at three o'clock on Friday afternoon, the organisers
      387 words
    • 109 2 ASEAN tin producing countries will press for an upward revision of the buffer stock price range at the quarterly meeting of the International Tin Council (ITC) in London in January. The meeting is also expected to agree on the extension of the Fifth International Tin Agreement
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    • 226 2 THE Singapore Institute of Standards and Industrial Research (Sisir) recently upgraded the facilities available at its Physical Metrology Laboratory by acquiring $80,000 worth of force standards and calibrating equipment. The new equipment are highly accurate and precise devices calibrated by the National Bureau
      226 words
    • 388 2 SEMINARS AND COURSES Dec 1-22: Certificate Course in Supervision Module IV Personnel Management for Supervisors, 6th floor Cuppage Centre, National Productivity Board Dec 6, 13: Telephone Techniques Courtesies, SIM Conference Room (3rd floor, Thong Teck Building), S'pore Institute of Management Dec 6, 13: Inventory Planning and Control (conducted
      388 words
    • 315 2 A HONG Leong Foundation has been formed by members of the Kwek family to provide financial assistance to deserving charitable organisations and individuals. Twenty million dollars will be donated as capital base for the Foundation's growth, which would be regulated by eight
      315 words
  • Page 2 Advertisements
    • 435 2 Businessmen, Are You Getting Your Share of the Billion Oil Industry? The South East Asia Oil Directory 1980-81 (Third edition) is the only professional reference work which brings together an encyclopedic volume of material to serve all sectors of the oil industry. It is the most comprehensive and in-depth coverage
      435 words

  • REGIONAL
    • 241 3 Reuter INDONESIAN Vice-Presi-dent Adam Malik yesterday called on Japan and Asean to review serious shortcomings in their relationship to eliminate resentment and friction. "I venture to suggest that each of us recognise our own shortcomings and develop the will to make positive changes in our
      Reuter  -  241 words
    • 182 3 Reuter INDONESIA would like to see Asean businessmen participate in the setting up 18 sugar factories in the country, as part of expanded regional cooperation. This was stated yesterday at an Asean-Chambers of Commerce and Industry (Asean-CCI) council meeting in Jakarta by Indonesia's coordinator minister
      Reuter  -  182 words
    • 142 3 AFP AN exhibition in Hongkong of export commodities from the northern Chinese industrial city of Tianjin has netted US$6.2 million in sales in just a week. This value is expected to increase in the next two weeks, said officials at the exhibition, the first trade
      AFP  -  142 words
    • 64 3 Reuter INDIA is likely to sign within the next two months the International Rubber Agreement which provisionally entered into force in October. Commerce ministry sources in New Delhi said India conveyed its acceptance of the United Nations agreement between leading producers and consumers of rubber to a
      Reuter  -  64 words
    • 805 3 ARRIVALS Service Local Operator Number Time From PAA PA005 0030 JEK/SPO/HKG MAS MH601 0630 KUL FT FT71 0710 JFK/ORD/KUL SIA SQ101 0815 KUL MAS MH621 0835 PEN MAS MH671 0930 PEN/KUL I#S MH605 0830 KUL SIA SQ211 1000 HLP CAL CI814 1000 HLP CPA CX710 1005 HLP
      805 words
    • 26 3 AP Winter-clad US Mariaee scrambling aboard a helicopter daring militarv exerclsm at th* »T^ fl T k >»- The drill ww aimed spoketnui EST»*
      AP  -  26 words
    • 421 3 AP WORK on the construction of China's first nuclear power station, which will supply electricity to Hongkong, could begin next year. This followed the signing in Guangzhou on Thursday of a joint feasibility study report into the project between the general manager
      AP  -  421 words
    • 247 3 Reuter PRESIDENT Marcos of the Philippines said yesterday that martial law may be lifted before next month provided related cases pending before the supreme court are settled before then. Addressing the Law Alumni of the University of the Philippines, Mr Marcos said
      Reuter  -  247 words
    • THE REGION IN BRIEF
      • 469 3 Agencies INDONESIA'S export of timber, the country's second biggest foreign exchange source after oil, is expected to drop by nearly half for the 1980-81 fiscal year, according to forestry director General Soedjarwo. He said that the timber export for the fiscal year was estimated to total some
        Agencies  -  469 words
    • 137 3 AFP INDONESIA was yesterday reported to be exploring the possibility of processing its crude oil in Philippine refineries. A study of the capacity of the refineries and necessary modifications was being conducted by a team of experts from Pertamina and the Philiipines National Oil Company
      AFP  -  137 words
    • 409 3 AFP MALAYSIAN Finance Minister Tengku Razaleigh Hamzah said in Kuala Lumpur yesterday that all "impractical and unfair" resolutions adopted by the third bumiputra economic congress recently would be rejected by the government. He said a cabinet committee is still studying the resolutions, which call for drastic
      AFP  -  409 words
    • 346 3 Reuter BURMA will have a record harvest this year of 636 million baskets of rice, agriculture minister U Ye Goung said. The minister attributed this year's increase to extensive dissemination of modern farming methods among the cultivators and their enthusiastic cooperation with
      Reuter  -  346 words
  • Page 3 Advertisements
    • 29 3 TRAVEL SERVICE!! HOLIDAY LA-FLEUR TRAVEL S.T.P.B. T/A267 -I Te1:*****51 •*****11 Holiday Inn Hotel, Suite 4, 4th Floor. Scotts Road, Singaporeo922 4B58& BUSINESSMEN!!! TRAVEL ECONOMICALLY WORLDWIDE ALSO CAR TRANSFER AVAILABLE
      29 words
    • 233 3 No mystique in this magnificent investment A good Oriental carpel has a charisma which derives from an aesthetic fusion of design, artistrv technical construction durability, symbolism, history and age. The better the carpet the more powerful the charisma and additional factors come into play such as rarity, intellectual clarity condition.
      233 words

  • RAW MATERIALS
    • 259 4 RUBBER lost nine cents overall in sympathy with the downtrend in world commodity and metal markets as record US interest rates took their toll, says H*tUay, Catier, Bath sad Campaay in its review of the Singa pore and Malaysian rubber markets for the
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    • 177 4 CHICAGO soybean futures on Thursday closed down the 30-cent-a-bushel limit the third day in a row. However, the market would not be going into expanded limits the next day Since three sucessive con,'tracts did not close limit■down sellers on Wednesday. Traders said unfilled sell .orders totalled 24 million •bushels
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    • 133 4 tyHEAT futures in Chicago on Thursday closed locked down the 20-cent-a-bushel limit. Traders said unfilled !?11 orders totalled 3.5 milon bushels for March, 1.5 May and 800,000 July. Massive margin call liquidation forced prices limit down near midsession and field them there for the rest of the day. Traders
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    • 319 4 OPENING prices on the Singapore rubber market yesterday were marked down initially on lower overseas advices but prices recovered slightly subsequently on some nearby buying. Prices eased again towards the morning's close. The morning session closed slightly lower with January One RSS buyers quoted at 292.75 cents per kilo,
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    • 299 4 RAS prices In cents per kilo yesterday: Noon (per Idlo) Buyers Sellers Int. 1 R.S.S prompt l.o.b. 288.00 290.00N Int. 1 R.S.S. January 293.00 293.50 Int. 1 R.S.S. February 298.50 299 00 Int. 2 RS.S. 279.50 280.50N UK/Coot 278.50 2T9.50N Int. 3 R.S.S. 276.50 277.50N UK/Coot 275.50 276.50N
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    • 91 4 NOON SSR and SMR prices yalaiday RA8 SSR 20 SSR SO MHLB (1-toa pallet 1 (1 ton pallet I Jaaaary (Carreat Mth) Buyer* Sailers 242.50 244.S0N 238.50 240.50N February (Forward Mtk) Buy ere Sailor* 244.50 246 50N 240.50 242-50N SMRCV SMRL SMR 5 SMR CP SMR 10
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    • 39 4 Rubber; Dec 12 Singapore: January: 293.00 cents (down four cents) Malaysia: January: 304.00 cents (down 5.50 cent) Tin: M 51,934 (up $30) (equivalent to $31.98 per kilo) (up 50 cents) Official offering: 166 tonnes (down 29Vi tonnes)
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    • 71 4 THE STRAITS tin price la P«a«ig yesterday Armed Ms3t to *1,134 a picul, $211 below the International Tin Agreement ceiling. The recovery was mainly attributed to steadier overnight London Metal Exchange prices, farther strong buying from the US and locally, and lower delivery of tin ore, dealers said.
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    • 169 4 CHINEBE PrtteM Exchaage, Hhppirr, ihi elMtag prices per IN kg yesterday: Ciri—t ail: Bulk fob $140.00 sellers, old drum (in aecood hud drum) fob $152.00 sellers, new drum fob $160.00 sellers. Copra: Mixed (loose) $77.00 buyers. Pepper: Muntok white pepper fob Asta NLW *427.50 sellers, Sarawak white pepper
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    • 193 4 YARN and cotton prices were quoted as follows in Hongkong yesterday: (In HK dollars, spot ex-go-down) Cottaa yam: China Blue Phoenix 20s 2,010; 32s 2,700, 40s 2.920 (per bale of 400 lbs). Pteee goads: China Butterfly and Globe brand unq; Dragon Head unq; Five Lambs unq; Flower and Butterfly
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    • 318 4 SINGAPORE: Yesterday's closing prices in St per kilo, ex-godown: THAI WHITE: 100 per cent first class (Kangaroo) new crop 1.12, 100 per cent second class 0.96, 100 per cent third class 0.93, 25 per cent new crop no stock, B-10 per cent 0.82. THAI BROKEN: A-super 0.76, Special 0.73.
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    • 912 4 COFFEE: Robusta futures yesterday closed the morning barely steady, up from the sessions earlier lows but still with losses from Thurs- day of £13 to £4 a tonne. Turnover was 885 lots including 15 options. Prices lost ground after the opening call in sympathy with the weakness in
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    • 123 4 THE Malaysian palm oil market yesterday continued lower on selling, mainly by producers and influenced the easing of the future palm oil market, dealers said. In December, the Central and Southern region fell Ms4o to $885 a tonne. The refined market remained featureless despite the Indian buying 10,000
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  • ASIAN STOCKS
    • 512 4 TOKYO SHARE prices yesterday closed slightly lower in very quiet trading with many investors holding off in view of further rises in the US interest rates and the delicate political situation in Poland, dealers said. The market average shed 8.71 to 7,033.70 with volume 240
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    • 346 4 FOLLOWING Thursdays big drop, the market opened sharply lower yesterday. An early rally was squashed quickly by what appeared to be short selling and margin cutting. The market steadied by 10.30 am and spent the rest of the morning in mixed trading until heavy shortcovering pushed the market up
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    • 265 4 STOCK prices yesterday closed lower on fears of increases in interest rates and falling commodity prices, dealers aid. The energy sector saw heavy selling and there were sharp losses among the golds following the metal's fall in New York. DEC 12 Onu INDUSTRIALS A C I. 210 .2 A
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    • 138 4 THE STOCK market was mixed in reduced turnover yesterday, dealers said. Phil Overseas closed higher while Benguet Con B, Lepanto B, Basic Petroleum, Ist Phil Hldgs and PLOT were among losers. The rest were either unchanged or untraded. UEC 12 Pesos iAco)e Mining 0074 >0 0002 Atlas Con A
      138 words
    • 52 4 FINANCIAL TIMES INDUSTRIALS Thursday 456.4 Wednesday 4«.« Week Ago 478J DOW JONES AVERAGE INDUSTRIALS Thursday 908 45 Wednesday «10-21 Week Ago «70 48 H.K.HANG 8ENG Friday 1222.16 Thursday 1262» Week Ago 1382.51 8YDNEY INDUSTRIALS Friday 737.04 Thursday 740.38 Week Ago 756.73 ALL ORDINARIES Friday 958.87 Thursday mm.iiu Week
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    • 275 4 STOCK prices yesterday closed mixed in quiet trading which centred on cement shares, dealers said. Jalaprathan Cement and Siam Cement dropped two baht each to 112 and 268 respectively, while Industrial Finance Corp rose one to 119, Dusit Thani gained one to 178 and Saha Union and First Trust
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  • Page 4 Advertisements
    • 87 4 t The Times Calendar- FESTIVALS 81 Festivals '81 is exquisitely reproduced from 12 Chinese brush paintings in water colour by well-known artist, Low Puay Hua. These paintings of local festivals are specially commissioned by The Times Organisation. Low's expert strokes combined with skillful printing makes The Times calendar a treasured
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  • OVERSEAS
    • 496 5 THE UN General Assembly adopted a major decolonisation resolution on Thursday despite Western complaints that it was exaggerated and outdated. Britain and the US particularly objected to the resolution's failure to recognise the progress achieved thus far towards worldwide decolonisation. The few
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    • 983 5 NYT IN HIS first eight Cabinetlevel appointees, PresidentElect Ronald Reagan has given a mainstream, establishment Republican cast to his administration that may please the business community but has left hardcore conservatives of the New Right decidedly unhappy By leaning heavily on successful business executives
      NYT; UPI photo  -  983 words
    • 107 5 Reuter US treasury secretary-desig-nate Donald Regan said he thinks US interest rates will go higher before starting to decline some time next year. He also said in a television interview shortly after his nomination was announced, he thinks the economy may turn down again before
      Reuter  -  107 words
    • 351 5 AP US NUCLEAR weapons outside the United States particularly in Europe need more security from terrorists and need it fast, according to the General Accounting Office (GAO). It says the Pentagon agrees. The GAO, an investigative arm of Congress, reports that in some places in Western Europe,
      AP  -  351 words
    • WORLD IN BRIEF
      • 487 5 Agencies CHINA has experimentally transported container cargoes to Iran via the Soviet Siberian railway in an attempt to set up a shorter shipping hook-up between Asia, Europe and the Middle East, a Japanese company official said yesterday. An official of Euro Container Transport of Yokohama said: "Two
        Agencies  -  487 words
    • 269 5 UPI BRITAIN is a highly developed country, but government statistics issued yesterday prove that "developed" is a relative term. Of all British households, said the new edition of "Social Trends,' 42 per cent have no car, 11 per cent no refrigerator, 24 per cent no
      UPI  -  269 words
    • 168 5 UPI TECHNICIANS in Middletown, Pennsylvania, conducted a fifth inspection tour inside the sealed reactor at Three Mile Island on Thursday and a company official disclosed a new radiation leak at the crippled facility. Metropolitan Edison company vice president Robert Arnold said he was
      UPI  -  168 words
    • 532 5 NYT NATO allies yesterday signaled their readiness to Join the US in taking measures against the Soviet Union should it move in on Poland. The measures will go far beyond their response to the Soviet invasion of Afghanistan. A largely unified attitude, described
      NYT  -  532 words
    • Article, Illustration
      356 5 EXPECTED ARRIVALS TODAY KEPPEL WHARVES Balantang (1500) 28 Builder (after Equator) 22 Bunga Mas (1100) 45A Bunga Raya (shifts after Emma Maersk sails UTM/ L) 31/32 Foochow (shifts after Bunga Raya shifts) 42/43 Gold Leaf (0530) 26/27 Geselishaft (after No. 7 Donam) 40/41 Hakubasan Maru (2100) 44
      356 words
    • 165 5 AP ARMY readiness in eastern Poland has been increased in what US analysts describe as the first concrete indication that Poles not Soviets might be used to suppress popular unrest. The report by US intelligence sources came on Thursday after Poland's army newspaper
      AP  -  165 words
  • Page 5 Advertisements
    • 35 5 THE 3rd EXHIBITION OF CHNG DYNASTY PORCELAIN AND WORKS OF ART to be offered for Sate at The Hibiscus Room Hotel Equatorial from Dec 13 to *****0 between 10am and 9pm The Oriental ftrt Collector
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    • 58 5 ALL OF THESE CERTIFICATES HAVING BEEN SOLD, THIS ANNOUNCEMENT APPEARS AS A MATTER OF RECORD ONLY. ASIAN-DOLLAR ISSUE DECEMBER. 1980. Bank of India (LONDON BRANCH) US $20,000,000 FLOATING RATE CERTIFICATES OF DEPOSIT DUE 1982. (EXTENDABLE AT CERTIFICATE HOLDER'S OPTION TO 1983) MANAGEDBY CREDIT LYONNAIS (SINGAPORE) MIDLAND BANK LIMITED (SINGAPORE BRANCH)
      58 words

  • 396 6 IN TACKLING the complexities of implementing the scheme which allows members to use their CPF savings for buying private properties, the CPF must come to grips with some crucial issues. For instance, should the Board or the lending financial institution have first lien on a property bought
    396 words
  • 265 6 THE WASHING of dirty linen in public seldom has anything to recommend it. On this basis the attempts by Esso management, union and the Ministry of Labour to keep the recent red arm band protest under wraps was understandable. Unfortunately, the old lesson that
    265 words
  • 1373 6  -  Taiwan has come a long way to become one of Asia's most buoyant economies. The country is more tightly run and produces higher quality goods than its erstwhile rival, South Korea, which has been plagued by political and economic turmoil. Under its 10-year economic
    FT  -  1,373 words
  • 701 6  -  By CATHERINE CAMPBELL Reuter AS one of the world's biggest poppy patches bursts into blossoms red and white, interested parties on both sides of the legal fence are weighing the predictions of a bumper or less than bountiful harvest. Estimates of this season's opium
    Reuter  -  701 words
  • Page 6 Advertisements
    • 206 6 iiu i J •7 TO Why idle away your life and languish in poorly paid jobs with no future when you can move ahead with the RIGHT QUALIFICATION? Enrol now with FEDERAL PUBLICATIONS HOME STUDIES DIVISION for any of the following courses and get just THAT QUALIFICATION! Institute of Administrative
      206 words
  • Page 6 Miscellaneous
    • 1186 6 Election campaign feature TODAY'S will he palga H at lilt mr Chaa■ei 5. IhM «f whe wen Irked by SBCi whi parties press la wHek aew were latrsdaeed, will he aMe to eateh sp sa the pettII yea deal like petttae, try eeleaee ftettoa. The Jearaey T» He Ceatre Of
      1,186 words

  • 1035 7  -  Big changes are in the offing within the aerospace industry as airlines replace expensive petrol guzzlers like the AngloFrench Concorde with smaller and more fuel-efficient planes. America's established Boeing Company and the European consortium, Airbus Industrie, are set to cash in on
    Reuter  -  1,035 words
  • 462 7  -  By GILBERT SEDBON Reuter AFTER building the supersonic Concorde, the widebodied Airbus and other advanced planes, France's Aerospatiale Company is reverting to traditional propeller-powered aircraft. Together with its European partners, Aerospatiale is stepping up production of the fast-selling Airbus A3OO-B 250-seat airliner
    Reuter  -  462 words
  • 972 7 Robots are increasingly being used in American industry. General Electric uses robots for heavy industrial work to minimise operating costs and improve productivity. It even carries out fullscale research in its robot laboratory. With lower costs as a result of advanced micro-processor technology,
    NYT  -  972 words
  • 871 7  -  FORUM with FLORA LEWIS NYT THE Polish crisis pumped warm fears into the usually dry statistics of impending threat to Western security at Nato's annual winter meeting. This time, the talk in the antiseptic building on the outskirts of Brussels was directly in
    NYT  -  871 words
  • 434 7  -  By JACK JACKSON UPI BY tinkering with computer-generated sound, John Stautner can make you think you hear a harp ringing in a cathedral or the smooth notes of a trombone in a cave. Computers have opened the door for a new breed of composers who turn their musical
    UPI  -  434 words
  • Page 7 Advertisements
    • 239 7 r m HP from it Books Western Management Science has demonstrated itself to be a powerful decision making approach to a wide variety of managerial contexts. This book will give every reader a fuller insight into the method of management science. Human Behaviour in Organizations: This book is primarily concerned
      239 words

  • INTERNATIONAL STOCKS
    • EUROPEAN MARKETS
      • 209 8 DM 11 Fls ANN 270 00 -2.5 Ahold 6560 -1 4 Ak/o 15 10 -02 AMI- V 89 80 -02 Anifas 112 70 unch Amrobnk 55 70 -07 B«*rgo&s WMW 47 00S Bali 52 50 -15 iiorsumij 192 00 4 burhmann 54 10 -0 9 By#»nkorf 33.80 Z\ CM
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      • 284 8 DEC 11 Frs CORBEILLE Air-Liquid? 500 2 B S N Gervais Danone 1090 -28 S F (Thomson l\sf 419 -6 Cie Francaise des Petroles 247 -3 Compagnie Financier* Compagnie General* 371 -3 Credit Foncier De France 416 50 -1.5 Hachette (Librairie) Machines Bull Z 53 50 -0.75 Michelin (B)
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      • 92 8 DEC 11 Frs FORWARD MARKET Acer 280 -6 Arbwl 1120 -4 Astur 300 Brascan 978 -6 Bru-Lamb 1002 -4 Canpar 1226 6 Cock 150 -4 L* Bwrs 313 -14 Ebes 1 550 -10 Elrctrobrl 3560 -55 Gb-Inno-Bm 1815 -60 Gev 1296 -6 Hobok 2440 -25 Petro 5130 -80 Ryl
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      • 225 8 DEC 11 Dm Aeg-Telefunken 71.40 -07 Ak2o 1400 unch Allz Leben *****0 30 Allz Vers 409 00 -2 BASK 123 60 -03 Bay H T Wbank 215 OOB Bay Vbank 292 OOB Bayer 109 00 -1 BBC' 289 00 2 BMW ***** -1-2 Cassella 305 00 unch Chem Verw
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      • 185 8 DEC 11 Francs Actions Suisse* 296 unch Alusulsse 1106 3 Alusulsse Ref 443 -1 Brown Boverl Br 1460 -15 Ciba Geigy Br no unch Ciba Oeigj P C 790 -10 Ciba Geigy Reg 986 •1 Credit Suisse Br 2550 -35 Credit Suisse Reg 442 -3 Eleklrowatt Br 2530 -40
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      • 102 8 DEC 11 Lire Ante 8 60 unch Assoc On »ieio 820 Bajstogi 672 15 Central ***** 560 Flmt 3626 87 Finsider 19 75 13 Gen Immob 2048 -2 IFI Prt 4000 71 luicfmfnu ***** 510 Italfu 1596 -4 Ilalsidrr 301.50 2 Matneti M Pf 620 20 Marelli Ere 327
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      • 195 8 DEC II C* Abilibi 23 Alcan 40 Algoma 37 Bank Mont 31 Bank Nova Scotia 32 > Bell Tel 19'. Beth Corp BP Can Lid -I 36 Brasran Camp Red Lake 00 Can Imp Bk 27 Canpac 45 Canpac Inv PI 19 Carling OTCeefe 8 t'ominco 69 Cons Bait)
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      • 305 8 DEC 11 Rand INDUSTRIALS A Alpha 430 unch Abercom 330 unch AE And CI 860 -5 AMIC 2575 -50 Barlows 1065 -15 Cg Sugar CNA 575 -5 Currie Finance 220 unch De Beers Ind Edcon 050 Edgars MOOS Eveready Fed VoU 510 -5 Fugit 240 unch Gardian Gtenanl Gralemn
        305 words
  • Page 8 Advertisements
    • 129 8 Where to wine, dine and entertain Snacks for your island treks LJ Take your pick: Curry Puff Chicken Pie Gateau Cake Hot Dog Hamburger Sandwiches Roast Beef Bun Pack Lunch Open: Monday Friday 10.00 a.m. 6.00 p.m Saturday, Sunday Public Holidays 8.00 a.m. —6.00 p.m. A Dolphin Snack Shop Apollo
      129 words
    • 184 8 fitilirlu JAPANESE RESTAURANT For sushi. For teppanyaki. For other authentically Japanese delights. Open daily: 12 noon 3 p.m 6.30 p.m. 10.30 p.m For reservations call *****77 A < cniiin I *m-k Hlm*i'iHiiU£mjMm' SHERATON HO T ELS AND INNS .\o«lD;V:_i ss ,T-H 02* OPf OAf 'f P f< a\a TfiS FISH
      184 words
    • 151 8 See Page 4 for Asian stocks and Page 9 for NYSE prices The Great Family Do-lt-\bursetf e». ,> '9 T A vr 1 1 1 bW Choose your waports. frery Friday and Satuday night Pootetde ai the Oberot lust choose what you want and barbecue it Meat leafood. salads sauces
      151 words
    • 159 8 OOQGO Inn Of Happiness Now open at the Hilton 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. |A| HMON INTERNAHONAb
      159 words
    • 72 8 1 m M r Victoria Bar The Coffee House Relax in an atmosphere of For informal meals and elegant days gone by. light-hearted snacks a IIKMpnJfJOTH Oxley Rise/Penang Road, Singapore 0923 Tet: *****11 (20 lines) Cable: COCKPIT Telex: R*****6 SUNDAY SPECIAL 12noon to 2.30pm BUFFET LUNCH A sumptuous selection of
      72 words

  • BANKING AND FINANCE
    • 531 9 Reuter EUROMARKET bankers increasingly doubt they can meet the expected worldwide demand for syndicated credits in 1981. Many are expecting at least one country or bank to face a funding crisis. Several Western bankers in London said such a crisis could shock
      Reuter  -  531 words
    • MONEY AND EXCHANGE$
      • 480 9 TOE US dollar weakened -slightly against major curtrftncies yesterday as Euro- dollar interes rates eased off marginally. From an opening of 211.00 against the yen, it slipped to *200.50 60, a level at which it remained before Tokyo elosed. It was basically steady until Europe opened when the
        480 words
      • 77 9 RESULTS of tender held yesterday by the Monetary Authority of Singapore for 91-day, 182-day and 273-day Treasury bills: tanerf trwn DM IS te Dec It lillli M Dee taned M Dee U AffMhr: IkM: .III kMs: ii«4« rmtc siio.oao.ooo OM.500.000 $110,000,000 $98.31 approximately 71%; higher bids in
        77 words
      • 22 9 THE average rate at which major Singapore banks are currently prepared to lend to their best customers is 13.8 per cent.
        22 words
      • 190 9 ASIAN RATES ASIAN currency deposit •Interbank rates as at close on Dec 12: US DolUn(Spot) Offer Bid 7 days 21W 20 V. 1 month 24 V. 24 Vfc 2 months 22 5/16 22 3/16 3 months 22 3/10 221/16 6 months 20 19H 9 months 18 5/16 18 3/16 12
        190 words
      • 51 9 RANGE of prices offered by discount houses on Dec 12: Overnight: 6'/%% to 1V*% Call deposits: to V/*% Cloaiif Baying Selling 3-month Treasury bills 6V« 6H 3-month Bank bills 13 15/16 13 13/16 3 months CD 13 3/16 131/16 6 months CD 12 15/16 12 13/16 Source: National Discount
        51 words
      • 1 9
        1 words
      • 312 9 SINGAPORE gold futures yesterday closed sharply lower compared with Thursday's close in moderate but nervous trading. The sharply weaker trend reflected the metal's decline in New York overnight on fears of further rise in US interest rates and on some local selling prompted by the fall in Hongkong. Total
        312 words
      • 37 9 New York L3.65B 15.00B I3 95S 15 30S Zurich 13 50B 14.75B 13 90S 15.15S Prt Iters Singapore 13.80B 14 SOB 14.20S 15.20S Closing prices in US dollars a troy ounce. Source: Credit Suisse, S'pore.
        37 words
      • 211 9 THE DOLLAR fell quickly in early trading yesterday, losing about one pfennig against the deutschemark and one centime against the Swiss franc, bringing it near Thursday's closing levels. An easing in Eurodollar interest rates, which lost their to '/2-point opening gains on Thursday's close, spurred selling in a thin
        211 words
      • 170 9 THE DOLLAR for overnight delivery yesterday closed easier at 210.40 yen, compared with a 211.10 opening and 211.00 at Thursday's close. Trading was moderate with volume US$BO7 million. The market calmed in the afternoon with the dollar fluctuating narrowly between 209.80 and 210.50 yen after active morning trading. After
        170 words
      • 149 9 THE HONGKONG dollar rallied slightly in late foreign exchange trading yesterday, rising to 5.2170/90 to the US dollar from levels well below 5.22 earlier in the day, dealers said. However, it stood markedly lower than Thursday's late 5.1920/50 with the main depressant being the wide interest rate differential between
        149 words
    • 295 9 Reuter SENIOR "China" bankers in Hongkong generally agree that a reported likely two tier exchange rate (or the Chinese yuan will come about but were uncertain about its timing. There was little deep seated surprise at reports, which first surfaced in newspapers in
      Reuter  -  295 words
    • 1212 9 THE NEW YORK stock market on Thursday rebounded in the last hour of trading but still closed lower on the day, is investors' concerns about the interest rate outlook 1 continued to dominate activity. After being down 17 points at one stage to slightly below
      1,212 words
    • 456 9 INTEREST rates should remain comparatively low in the forseeable future, said Malayan Banking chief executive, Datuk Azman Hashim, on Thursday. This is because of Malaysia's healthy foreign exchange reserves, low inflation rate, strong growth in private investment and public capital formation, he said.
      456 words
    • 378 9 Reuter THE HONGKONG dollar fell to its lowest level in over 18 months yesterday as currency holders continued their flight into the US dollar, attracted by interest rates far out-stripping those available in the local currency. Money placed on six month
      Reuter  -  378 words
    • 118 9 Reuter THE price of platinum was fixed below gold at their respective London fixes yesteday morning for the first time since early 1978. Platinum was fixed at U*****.50 per troy ounce, its lowest level since late May, while gold was fixed at $573.50, its lowest
      Reuter  -  118 words
  • Page 9 Advertisements
    • 422 9 Mow available aa Update ta... The key to under standing ASEAN The ASEAN Report Update Published by The Asian Wall Street Jou The ASEAN Report gave businessmen for the first time a key which opens the door to doing business with the countries within the Association of Southeast Asian Nations
      422 words

  • 1782 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 Acs* (1428) Alcorn
    1,782 words
  • 179 10 SINGAPORE UNIT TBU8T (Maulers' prkne tor Dec It) The Commerce 3.13 3.28 The Saving* Fund 1.87 1.9S S pore Prof Fund 136 1.43 S pore Sec. Fund 2.05 115 S pore Invect Fund 1.S1 190 S'pore Equity Fund 1.34 1 30*d ASIA UNfT TRUST (Minw 1 prteM tar
    179 words
  • 2734 10 Gr'g Gr'a Net 1980 Last Div Div Y'ld P/E Vol Day High Low Company Sale or- C'vr COOO) High Low SECTION ONE INDUSTRIAL COMMERCIAL 372 245 Acma 342 15.0 2.8 43 13.5 300 220 Alcom 300 12.0 2.5 4.0 17.0 149 116 Allied Choc 132 4.0N 1.6
    2,734 words
  • 1830 10 BID and otter 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 o1 1,000 units, unless otherwt%» specified. INDUSTRIAL* AJasssete (3 068 3.265) AkMB (2.868 2.885) (2) 2 90 (1)
    1,830 words
  • 85 10 AOKAM Ha BM: Twentysixth AGM to be held at Wisma Bunga Raya, 152 Jalan Am pang, Kuala Lumpur on Dec 22 at 11am followed by an EOGM at 11.3Oam. MALAYAN Tin Dredglag (M) BM: Fourth AGM to be held at Wisma Bunga Raya, 152 Jalan Am pang, Kuala
    85 words
  • 751 10 A SLIGHT wwvwy Mag tke iAmmm seastea at the fllags p»iii stack market riM kepee a( a msrh awaited reaettaa te tke After a weak epealag wklek «eat neat prime Mew everalgkt levels, tke market skewed slgas ef flrmlag ap towards aeea as aews
    751 words
  • 567 10 RENEWED selling forced share prices to close broadly lower on the Kuala Lumpur Stock Exchange yesterday. With spillover sentiment poor, the market deteriorated right from the start. Values were marked down subtantially as profit-takers and weak holders continued to liquidate. The weaker trend remained dominant
    567 words

  • COMPANY NEWS
    • 785 11  -  By CHOO AI LENG SEA View Hotel's proposed three-storey shopping complex, when completed, should enhance the group's earnings capacity in the next few years and place the company in a better position for future expansion. Although the hotel will still continue to be
      785 words
    • 383 11 TOSHIBA (Malaysia) is setting up a new plant at the Bangi industrial estate in Selangor which would increase the company's existing production capacity. The new plant, which is expected to undertake the production of television sets, should begin operations in the middle
      383 words
    • 452 11 Current* Ex Books Date Total for Total for Payment Date Close Payable the year Previous year Aokam 16%(n)% Dec 8 Dec 18 Jan 2/81 26% 26% Boustead 10* I Dec 8 Dec 18 Jan 15/8110% 25% C AC 10* Jan 10/81 Jan 24/81 Feb 3/81 20% 23% CCM
      452 words
    • 213 11 Company Particulars Ex Date Books Close A loom Bala C AC H Leong lad K Guao Flour M Baakiag Msia Rice Peri Msia Rahman Hydraulic Saayolad SEAL 8 T P 1975 Times Pub Proposed rights Issue of 2 tor 1 6*1.70 per share Bonus Issue of 1 for
      213 words
    • 470 11 Market Talk... AMERICAN prime at 19 per cent should serve as a clear indication that the optimism which has grown recently in Hongkong is "misplaced", says James Capel. Hongkong traditionally pegs its rates no more than 2 per cent away from US rates and
      470 words
    • 390 11 PRIVATE Investment Company for Asia SA announced the acquisition, through its wholly-owned company PICA (Pte), of 20 per cent of the equity in Leong Jin Corporation Pte. Concurrently, Krupp Handel GMBH, Krupp Stahlexport and Anlage Technik (''Krupp") of the Fried Krupp GMBH
      390 words
    • 325 11 MALAYA Glass Factory expects a profit slowdown in the current year ending July 31, 1981 in view of its potential loss in output as a result of the expiration of the life of its present small furnace next year. Chairman Haji Abdul Rauf Mohamed
      325 words
    • 82 11 MALAYSIAN eMgtomente Geatlag Bhd Ins fsnned a wbaUy-swaed ssMdlary la ffligipin. CalM Geatlag (Slagapsre), the esmpaay, with aa Imed capital ml $2, Is the first sahshUary ts be set sp by the grsap here. Geatlag alss —Mi the lar«rp«ration of Rassrts Wsrld Mm BM whleb wtU
      82 words
    • 413 11 Date Last Fall Year Ctmpuy n.j.j rerWO Announced Net EPS Grass Pre-tax last year (cents) Dlv. Profit <%) (I**) PMRI I 20 11 30.4 20.0 5,546 PMC I 20/11 24.2 10.0 8,718 Chin Teck F 22/11 19.8 15.0 2,941* Msian Ctainers I 26/11 24.2 22.0 8,147 Berjaya Kawat
      413 words
    • 703 11 by HOCK LOCK SIEW PUBLIC issues are hard to come by these days, much more so if it is from a blue chip company whose rating is so impressive as to command a premium of $2.30 over the par value of its shares. And so it was
      by HOCK LOCK SIEW  -  703 words
    • 461 11 PERAK Carbide said the estimated length of time for the temporary production stoppage is three months.. It is resuming production of calcium carbide on Mar 1, 1981. As there are sufficient stocks during the period for normal trading, the company does not anticipate any abnormal effect on its
      461 words
  • Page 11 Advertisements
    • 137 11 Your executives can drive better cars and even cost you less. Here's where we come in. We have a fleet of Ford Granada Ghias for short or term rental. Rent one or rent a dozen. With no capital outlay. And because we are Ford distributors, every car in our fleet
      137 words

  • 297 12 THE AMERICAN Chemical Bank announced on Thursday that it had begun providing the smaller businesses with cut-rate loans in an effort to ease their severe financial strain. Under the programme, businesses can borrow up to US$lOO,OOO from Chemical at a rate of approximately 15V4 per
    297 words
  • 215 12 THE DIRECTORS of Times Publishing and Straits Times Press (1975) announced yesterday that the companies will pay an additional bonus of half the basic monthly salary to all those employees who qualify for the annual wage supplement of 2.5 months normally paid by the companies. In line with
    215 words
  • 266 12 SINGAPOREANS rushed to buy gold yesterday as the metal plunged by another US$24 an ounce to reach as low as US$53B in Europe. Mr F.W. Schweizer, manager of Credit Suisse, said the bank experienced its largest crowd of customers yesterday, all storming into the bank to
    266 words
  • 117 12 UPI CHINA will gradually take part in more joint ventures with foreign companies in the coming year but small and medium-sized projects will get higher priority, a Chinese official said in Beijing yesterday. He said joint ventures "should be closely tied to the national economic
    UPI  -  117 words
  • 700 12 Reuter A BUYING boom, which sent commodity prices to record highs early this year, has ended in a slump with some world market prices falling this week to their lowest levels in two years. Industrial metals, including copper and aluminium, and commodities such
    Reuter  -  700 words
  • 605 12 SINGAPORE will build pre-fabricated chalets in the Maldive Islands, providing the country with an additional 100 tourist rooms. It will also receive 100 Diga trees soon from the Maldivian government. But this is no friendly exchange, said a smiling Dr Goh Keng Swee, First
    605 words
  • 430 12 NYT SHEIK AHMAD Zaki Yamani, Saudi Arabia's Oil Minister, indicated on Wednesday that his country would be willing to raise its oil prices if other oil-exporting nations would agree to limit their prices. Before leaving for the Organisation of Petroleum Exporting Countries'
    NYT  -  430 words
  • 179 12 Reuter MAO Zedong's widow Jiang Qing was thrown out of court yesterday after she slandered a sobbing witness and bitterly denounced the judges as criminals. Millions of Chinese television viewers last night watched an edited recording and saw her being frogmarched from the court by
    Reuter  -  179 words
  • 808 12 LONDON, Fri. Share prices opened slightly higher with prices marked higher following the losses of the last few days. Equity leaders generally added between a penny and 3p where changed as in ICI, Beecham and Courtaulds though Fisons dipped 3p to 198 p. OUs also tended firmer with
    808 words
  • 177 12 UPI A BRITISH executive of Shell Eastern Petroleum in Singapore pleaded guilty yesterday to eight counts of corruption in connection with the construction of a US$2OO million hydrocracker plant on Pulau Bukom. William Stewart Wilkinson, 54-year-old construction manager of Shell, admitted accepting about US$ll2,OOO in
    UPI  -  177 words
  • Page 12 Advertisements
    • 69 12 for those uho think big... Pit* <5 tv\ r 323 Estate i r*>' .a r »:n mm w yrn THOSE WHO KNOW DRIVE jWs»pi*Ts37ga •CHOWOTWI wcfcwnco. *i IPM'rJrin'i'i'lß Stock 2.466-£.Ju»ong Road. »*IMiMMUA,«73M422 WKm SiiQapor. 2159 -TOOpm. Sun IOOOam- 100pm 1M *****4.*****2.*****7 61*068 MOOtl AMOCUOIIFTII LTD. aVONO TH*m MOTOR THAOWO CO.
      69 words
  • Page 12 Miscellaneous
    • 59 12 Outlook for Singapore from 6 a.m. to 1 p.m. today: Mainly fair. Report (or 24 hoars prior to 7.31 p.m. on December 12 at the airport. Maximum temperature 29.7 Associated humidity 70 Minimum temperature 23.5 Associated humidity 97 Hours of sunshine 3.85 Rainfall in millimetres 12.5 Total rainfall for the
      59 words

  • LEISURE TIMES
    • 268 13  -  By WONG AI KWEI TIRED sf the bunking (airy lights ea a Christmas tw la the eeraer sf a ream? The Slag»pre Segetsa Asssciatisa has same saggeatiaas ea special taWe dccarstteas far the camlag festive seaasa. The arraagemeats will he displayed at the asserts
      268 words
    • 684 13  -  NG LOKE KOON explains why the Chinese and not the Americans or other westerners are those interested in late Qing artifacts. COLLECTING LOKE KOON HERE is an unusual story of a collection of nineteenth century Qing Dynasty (1644-1911) porcelain ware and other works of art.
      684 words
    • 110 13 IT BOASTS a vigorous scent composition of fragrant blossoms, leaves and roots fortified with sandalwood, patchouli and vsticver. It is manufactured with the self-assured individual in mind. Marbert Man is the latest range of men's toiletries which is being introduced in the Asian market. According to reports,
      110 words
    • 868 13  -  By ALVIN CHOW THERE is a popular belief that as long you can afford to pay, you'll get what you want. But that doesn't always hold true. In reality, one may have thousands of dollars in one's wallet but the range of a particular product from which
      868 words
    • 717 14  -  The skies were cloudy. But the sun preferred to hide behind the clouds. Later it decided to take a peek. What did it see? Thousands of joggers having a great time at the 3rd Singapore Marathon Jog, reports CHARMAINE CHAN. CHARMAINE CHAN
      Pictures: LIM SENG TIONG and FRANCIS ONG  -  717 words
    • 255 14 TODAY GOLF: Sembawang: Celebrating the festive season rather early will be the competitors in the Christmas Cheer Day competition. A combined competition for men and ladies has been arranged for this morning. Sentosa: The final monthly medals for 1960 will be held this afternoon. It is a
      255 words
    • 46 14 THE SINGAPORE Spnrte CanneU will he conducting taw-t»pi«y squash «wanes twice weekly at the Kallaag Sqaash aad Tenais Centre, lie nvm, casting $4$ Kper— a, will start fmm If. Regtotrattoa shoald ke made to the Stagapnre Sparta Caandl «fllee at the Nattoaal Stadlam Immediately.
      46 words
    • 638 14  -  By RONALD KOW NO ONE can blame Wong Kwok Choy for not having tried but his exclusion from Singapore's 18-player football team for the Asia Group Four pre-World Cup qualifying round in Hongkong later this month is certainly sad news for the Republic's top scorer
      638 words
    • 1181 14  -  By PETER DOBEREINER FINGERS on buzzers. Here is your starter for ten. "Who or what are the Buccaneers, Fanlingerers, Ichabods, Lucifers, Hittites, Wigorns, Hazards and Truants?" Correct they are all golfing societies. Now for 20 points: "How will these and other golfing societies become subject
      1,181 words
    • Article, Illustration
      767 14  -  THE EXECUTIVE JOGGER By PEEBLE RECENTLY, the Singapore branch office of an American bank sponsored a six-kilometre road race called the Corporate Challenge. According to the organisers, the race was the first international running of the event which is held three times each summer in New York City.
      767 words
  • Page 13 Advertisements
    • 120 13 BUSINESS TIMES GIVES YOU THE EDGE THEY ran, they jogged, they walked, they sweated it out, but, more importantly, they enjoyed themselves. CHARMAINE CHAN reports on the 3rd Singapore Marathon Jog which was held last weekend at the National Stadium. Photograhers Francis Ong and Lim Seng Tiong have captured some
      120 words
    • 10 13 [BUSINESS TIMES When we say business we mean just that
      10 words
  • Page 13 Miscellaneous
    • 701 13 r WHAT WHERE JJ CONCERTS AN EVENING with Bach and Lint will be presented by Gregor Weichert on Friday, at Bpm, at Victoria Concert Hall. The programme Bach's Chromatic Fantasy and Fugue in D Minor; Liszt's Variations on the Theme of Bach's; Liszt's Funerailles. Gregor Weichert is a professor at
      701 words