The Business Times, 14 April 1984

Microfilm: NL14456
Total Pages: 12
1 12 The Business Times
Page thumbnail Page 1
  • Title Section
    Masthead
    11 1 BUSINESS TIMES M.C. (P) No. 66/1/84 SATURDAY, APRIL 14,1184 60 CENTS
    11 words
  • Article
    Government to recruit legal officers in HK
    459 1  -  By RICHARD SEAH IF A CERTAIN Justice Pao arrives from Hongkong, he will not be an actor playing the legendary Chinese judge. A real Justice Pao, or at least one in the making, might be attracted to work in Singapore, as legal officers
    459 words
  • Article
    Lock icon KL ruling coalition may expel a party
    115 1 Reuter MALAYSIA'S ruling National Front coalition is likely to expel a member party when it meets tomorrow in Labuan. State officials in Kota Kinabalu said yesterday that the 10-member front was angry with the United Sabah National Organisation (Usno), which brought the Borneo
    Reuter  -  115 words
  • Article, Illustration
    CPF takes up half of rise in total savings
    488 1  -  By ALVIN TAY COMPULSORY savings with the Central Provident Fund (CPF) will exceed voluntary savings deposited with commercial banks before the end of this decade, if present trends continue. National savings rose by 18 per cent to 156.5 billion at the
    488 words
  • Article
    Lock icon Significant fall in US retail sales
    118 1 AFP MARCH retail sales la the I» registered their «harpest monthly deeUae ia II years whea they fell 1.1 per eeat. The U8 Cemmeree Departmeat yesterday revised Its flgares far Pehraary, saytag retail sales fell M per eeat aad aet 9.1 per eeat as
    AFP  -  118 words
  • Article
    Oil industry has come of age
    355 1  -  By LOH HUI YIN A SERIES of personnel cross-posting is taking place between the established Singapore oil refineries and new oil projects in Saudi Arabia. This cross-posting signals the beginning of a trend involving the training of Saudis in refinery operations by their companies
    355 words
  • BRIEFLY...
    • Article
      DBS to raise prime
      84 1 DBS Bank will raise its prime lending rate by half a percentage point to 9Vi per cent on Monday. The bank will also raise its deposit rates by half a point for the one-month fixed deposits and V* point across-the-board for the others. The new rates
      84 words
    • Article
      Ho's case adjourned
      86 1 DEVELOPER Ho Kok Cheong, who faces 28 counts of violating the Companies Act when he was a substantial shareholder of Leong Huat Industries Ltd, has been given another adjournment as his representations are being considered. The case will be mentioned again on May 25. Yesterday, Miss Sia
      86 words
    • Article
      Lock icon Discouragement
      71 1 Reuter INDONESIA wants to discourage low-budget tourists who flock to the holiday island of Bali, sources said on Thursday. They quoted Mr Achmad Tahir, Minister of Tourism, as saying that most visitors to the main resort of Kuta on Bali were Australians who spent very little and set a
      Reuter  -  71 words
    • Article
      Lock icon HK statement soon?
      95 1 Reuter A BRITISH government legal expert is accompanying Foreign Secretary Sir Geofjrey Howe to China today, prompting speculation that Britain and China may be about to draft a joint statement on Hongkong. A British Embassy spokesman in Beijing yesterday confirmed that Foreign Office legal counsellor Fred Burrows
      Reuter  -  95 words
    • Article
      Lock icon Relations deteriorate
      68 1 UPI INDONESIAN Foreign Minister Mochtar Kusumaatmadja said yesterday that relations with Papua New Guinea had deteriorated seriously, but he would not confirm that the Indonesian military attache was expelled from Port Moresby. The attache, Colonel Sebastian Ismail, who returned to Jakarta on Thursday, said that he had "been
      UPI  -  68 words
    • Article
      Lock icon No mining of ports
      61 1 UPI THE US House of Representatives, in the second denunciation of President Reagan's Central America policy in three days, has joined the Senate in voting against US-backed mining of Nicaraguan ports. The administration, however, did reach agreement with House leaders on a stop-gap plan to provide
      UPI  -  61 words
    • Article
      Lock icon Request turned down
      33 1 AFP NEW Zealand has turned down a US request to provide ships for an international naval flotilla to ensure the security of oil supplies from the Gulf war zone. AFP
      AFP  -  33 words
  • Article
    Carrian lawyer found dead in pool
    281 1 A LAWYER who acted for the collapsed Carrlaa property group was loud dead yesterday la a swimming pool at Ids laxarioas home la Hoagkoag, with a concrete maahole cover tied to his aeck. Hoagkoag police say It has aot beea determined whether Joho Wlmhash,
    281 words
  • Article
    Keppel raising US$100m in New York
    411 1  -  By SOH TIANG KENG Banking Correspondent THE Keppel group, through its American subsidiary, Keppel (USA) Inc, will tap US$lOO million from the New York money market through the issue of commercial bills to finance short-term funding requirements. This is a historic event; Keppel is
    411 words
  • Article
    Three take anti-piracy action
    62 1 RECORD companies EMI, WEA and Polygram have taken 14 manufacturers, distributors and retailers of allegedly pirated cassette tapes, to court. They have successfully applied for interim orders restraining the 14 defendants from manufacturing, distributing and selling "pirated" copies of their artistes' works. The interim orders were
    62 words
  • Page 1 Advertisements
    • Advertisement
      Page 1 Advertisements Column 1
      225 1 Don't miss the highyarn show of the year S.E. Asia's 2nd International Exhibition of Textile and Garment Machinery and Fabric® Trade. 10-14 APRIL'B4WTC KMDS THE Automobile Association of Singapore has assured its members that Japanese cars are safe Page 2 AMERICAN Treasury Secretary Donald Regan has lashed out at critics
      225 words
    • Advertisement
      Page 1 Advertisements Column 2
      168 1 Bring Li 1 Joey to the course. And play golf the convenient, comfortable way Lit Joey from Kangaroo of USA is a motor gotf caddy designed for easy manoeuvring on the course and supremely simple A 4/ operation. Hk Lightweight, yet ruggedly tt 7/ built, Lil Joey can carry your
      168 words
    • Advertisement
      Page 1 Advertisements Column 3
      3 1 See page 4
      3 words
    • Advertisement
      Page 1 Advertisements Column 4
      166 1 buy best at exhibitions INTERFMM EXHIBITIONS organised for business 1. Maritime Square f 12-05 World Trade Centre Tel: *****12 Tlx: RS *****INFAMA x 'a) jfinl Wishful thinking? No! Wayfoong thinking It's a daydream we all have. A home of our own. It's not easy to turn that dream into reality.
      166 words
Page thumbnail Page 2
  • HOME NEWS
    • Article, Illustration
      Assurance on Japanese cars
      460 2  -  By JOANNE YAP THE Automobile Association of Singapore (AAS) has assured its members that Japanese cars are safe. The assurance was based on a report on crash test performances of Japanese cars, published in the April issue of Consumer Reports, an American magazine. The Touring Club
      460 words
    • Article, Illustration
      Renaissance comes to Chinatown
      467 2 RAMADA International Inc, the world's third largest hotel chain, yesterday announced the signing of a second property the Ramada Renaissance Singapore. The 500-room hotel is expected to open in early 1987. The foundation and basement work have been completed and work on the superstructure will begin
      467 words
    • Article
      MEMO-PAD
      536 2 SEMINARS AND COURSES April 12-14: Advertising Essentials For Government And Statutory Board Offices, Thong Teck Building, Singapore Institute Of Management April 14 28: Applications Of Word Processing, Plaza Singapura, Secretariats And Meeting Pte Ltd April 14: Current Developments In Taxation 1964, Novetel Orchid Inn, Singapore Society Of Accountants April
      536 words
    • Article
      Taxi stops well served by cabbies
      270 2 TAXI stands at shopping centres and large office buildings in and outside the central business district (CBD) are generally well served by taxis. This is one of the findings from surveys done by the Taxi Task Force, according to information supplied by the Ministry
      270 words
    • Article
      Duodenal ulcers need to be regularly treated
      320 2 DUODENAL ulceration is a chronic illness and patients must undergo maintenance treatment to prevent ulcers from recurring. Dr RE Pounder, an expert in the field of gastroenterology from the Royal Free Hospital School of Medicine in London, said that like other non-infectious chronic
      320 words
    • Article
      URA works towards a better city
      213 2 THE Minister for National Development, Mr Teh Cheang Wan, said yesterday that it was inevitable that some people would be affected by the government's goal in urban renewal. The goal was towards a "modern, beautiful city environment", and policies designed to benefit the majority
      213 words
    • Article
      Russian vessels to be christened at Fels
      164 2 EKHABI and Ispolin, two Russian vessels built for VO Sudoimport, will be named at Far East Levingston Shipbuilding Ltd (Fels) tomorrow. Ekhabi is the 16th jack-up rig delivered by Fels. The rig is self-elevating and operates in areas with severe environmental conditions. It
      164 words
    • Article
      Slow sales at Dairy Farm
      185 2 OF THE 170 units in Phase I of Dairy Farm Estate put up for sale in May 1963, only 117 units have been sold. Mr Chee Yeok Leng, marketing manager for Leo Property Management, which is supervising the construction and sales of Dairy Farm Estate,
      185 words
    • Article
      Military exercises in these areas
      161 2 THE Singapore Armed Forces (SAF) will be conducting military exercises in Lim Chu Kang, Hong Kah, Marsiling, Mandai, Tampines, Tuas, Bah Soon Pah, Wing Loong, Loyang and Ulu Sembawang areas from Monday, April 16 to Sunday, April 22 daily. Blanks and thunderflashes will be used.
      161 words
    • Article, Illustration
      New PAP man does counselling
      249 2  -  By PENG AILIAN POLITICS is an extension of social service. Mr Philip Tan, the People's Action Party's fifth new candidate for the next elections, believes more in helping the unfortunate than in furthering his own personal fortune. He views his entry into politics as a
      249 words
    • Article
      If you intend to avoid taxes...
      235 2  -  By CHEN QINGSHUN A TAXPAYER seeklag ta avald taxes legally shaald give fall dlaelesare at his methad at tax avatdsacr ta the Camptraller sf laeame Tax If he daes aat want ta he charged with evssiaa. There Is a grey ana hetweea tax avaidaaee,
      235 words
    • Article
      Use Giro for Mendaki donations
      286 2  -  By SHAHRIR ARIFF MUSLIMS who want to donate to the Mendaki Foundation can do so through the Post Office Savings Bank's Giro service. Starting from the end of May, a minimum of (1 can be deducted monthly from a saver's account. This plan, known as
      286 words
    • Article
      Course to upgrade construction skills
      197 2  -  By BOEY KIT YIN MORE than 20 managers and supervisors in the local construction industry are learning how to organise and control a "Profitable work site". This is the first in a series of courses organised by the training centre of the Singapore Contractors Association
      197 words
    • Article
      Dr Tay's meeting called off
      123 2 THE Minister of State (Education), Dr Tay Eng Soon, has called off his proposed meeting today with the National University of Singapore Students' Union (Nussu) council members. This is because the president of Nussu and several of the key office bearers are unable to attend.
      123 words
    • Article
      NPB invites tenders for building of $50m HQ
      371 2  -  By LOH HUI YIN THE NATIONAL Productivity Board (NPB) is calling tenders for the construction of its $50 million beadquarters building. When completed in mid--1906, the headquarters will house all of NPB's activities under one roof. It will also be able to
      371 words
Page thumbnail Page 3
  • Page 3 Advertisements
    • Advertisement
      Page 3 Advertisements Column 1
      186 3 37z: A? 'it i >* -»y s.* <~ 'V, *V*< r V. £rt •v-. yk *>. i) "<- </ > Y/Mfc S <T*r I r.- *> j. i r. h J V., jr ?> Y <rT m -K\ 3* <. >* /r. ft •r«w. r V *v A V rv«
      186 words
Page thumbnail Page 4
  • OVERSEAS
    • Article, Illustration
      Lock icon Regan attacks critics of US fiscal policy
      778 4 The IMF interim committee meeting AFP AMERICAN Treasury Secretary Donald Regan has lashed out £t critics of US budgetary and fiscal policy and against the International Monetary Fund (IMF) itself, calling on its members to "get (their) own economic house in order". Mr
      AFP  -  778 words
    • Article
      Lock icon No decision yet on new money for poor states
      280 4 AP IN SPITE OF pleas of the developing countries, the International Monetary Fund (IMF) has put off a decision on providing billions of dollars worth of new money to help those nations. The policy-making arm of the IMF issued a statement
      AP  -  280 words
    • Article
      DAILY AIRCRAFT MOVEMENTS
      614 4 ARRIVALS Service Local Operator Number Time From FT FT71 0040 JFK/ORD/ANC NRT/TPE SIA SQ11 0110 LAX/TYO CAL CT331 0150 TPE PAA PA5 0225 JFK/SFO/HKG MAS MH601 0620 KUL CV CVT96 0900 LUX/DXB MAS MH671 0905 KUL SV SV396 0910 JED/RUH MAS MH811 0910 PEN SIA SQ103 0960
      614 words
    • Article, Illustration
      Lock icon Sliding to safety from highrise building
      70 4 AS THE crowd below watches, a volunteer (see above picture) slides down the 45.7-metre Baker Life-Chute from the top of Christiana West highrise dormitory at the University of Delaware daring a demonstration of the new safety device. Designed by Delaware tracking magnate Ralph Baker,
      Source: UPI picture  -  70 words
    • Article
      Lock icon Mochtar on Soviet views of Cambodia
      204 4 AFP THE Soviet Union thinks that "the clock cannot be turned back" in Cambodia, where its ally Vietnam maintains an expeditionary force. Indonesian Foreign Minister Mochtar KusumaatmadJa said this yesterday after talks in Moscow. Mr Mochtar said his Soviet counterpart Andrei Gromyko made the
      AFP  -  204 words
    • Article, Illustration
      Lock icon Sharon is back in political spotlight
      347 4 Reuter FORMER Israeli Defence Minister Ariel Sharon has put himself back in the political spotlight by capturing a large share in a vote to determine who should lead the Right in the coming early general elections. Prime Minister Yitzhak Shamir was re-elected leader of
      Reuter; Source: UPI picture  -  347 words
    • Article
      Lock icon US clothing importers to fight quotas
      328 4 AP SEVERAL US clothing importers said on Thursday that they are organising to fight US government trade policies that hinder their ability to buy clothes in Taiwan, Hongkong, South Korea and other foreign countries and sell them in New York at competitive prices. Mr
      AP  -  328 words
    • Article
      Lock icon Recession hit children hardest
      341 4 UPI THE world's longest and deepest economic recession in half a century hit poor children harder than anybody else, according to a special study published on Thursday by the United Nations children's fund. "The weakest members of the human race young children in poor countries are
      UPI  -  341 words
    • Article
      Lock icon Howe's China visit to focus on Hongkong
      269 4 Reuter BRITISH Foreign Secretary Sir Geoffrey Howe leaves today for Beijing to try to pave the way for an early agreement on the future of Hongkong and the British colony's five million people. Cautious British officials said the four-day visit to China, part
      Reuter  -  269 words
    • Article
      SHIPS IN PORT
      1161 4 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Ship Falstria Gold Hllla Mont Blanc M Meonla Tambang VII Sea Glory Asia Star Sea Fortune Harvester B Dahlia PTaft Brltstol M B Kemunlng Anson As Pallas Khd Saryan Prof Rylke Anro Asia Llca Maersk Halkeon Jenwel Pelopor E
      1,161 words
  • Page 4 Advertisements
Page thumbnail Page 5
  • BANKING AND FINANCE
    • Article
      Lock icon Natwest issues US$300m perpetual Eurobond
      283 5 Reu ter NATWEST, Britain's second-largest bank, on Thursday launched a US$3OO million perpetual Eurobond, the first of its kind seen in the Euromarkets. Like a bond it pays regular interest to the investor but like a share, it is never redeemed. The issue, which has
      Reu ter  -  283 words
    • Article
      Downturn in loans from finance houses
      290 5  -  By ALVIN TAY TOTAL loans made by finance companies recorded its first monthly decline in nearly three years during February, due mainly to lower car loans and a depressed property market. Latest figures released by the Monetary Authority of Singapore show total loans and
      290 words
    • Article
      Lock icon American M-1 falls by US$5bn
      154 5 Reuter US MONEY supply M-l fell L'Sss.t billion to a seasonally adjusted $533.2 billion in the week ended April 2, the Federal Reserve Bank of New York said. The decline was twice as much as had been expected. Bnt analysts noted that data daring April
      Reuter  -  154 words
    • Article
      Lock icon Manila caught in vicious debt circle
      488 5 Reuter MANILA-BASED bankers said the extension of a moratorium on the Philippines' repayment of foreign debts will add to its foreign exchange problems as interest on outstanding loans increases. The Philippines central bank on Wednesday said its creditor banks had approved a second extension
      Reuter  -  488 words
  • MONEY AND EXCHANGES
    • Article
      Singapore market
      515 5 THE American dollar eased slightly against major currencies on the foreign exchange market yesterday. Trading was quiet as dealers squared their positions for the week-end. Moreover, they were awaiting news of important US indicators. .'The US unit opened at 512.0835/50 against the local cellar. It traded to a
      515 words
    • Article
      Gold
      327 5 GOLD futures in Singapore yesterday closed firmer on local buying, after the metal's fall in New York. Trading was quiet and total sales for the day were recorded at two lots. Prompt closed higher at U*****.50/381.50 an ounce against New York's $379/380 close and June at $386/387 against $384.50/385.00.
      327 words
    • Article
      Silver quotes
      35 5 Thar* Wed New York 9.12B 9.25B 9. ITS 9.30S Zurich 9.15B 9.34B 9.20S 9.39S Frl Than Singapore 9.15B 9.24B 9.20S 9.29S Closing prices in US dollars a troy ounce. Source: Credit Suisse, S'pore
      35 words
    • Article
      Tokyo
      138 5 THE DOLLAR closed easier yesterday at 223.95 yen against the 224.10/20 New York finish in light preweekend trading. The unexpected declines in US M-l money supply figures and March retail sales encouraged dollar selling here. However, technical covering of dollar short positions on Thursday abroad sidelined many operators. The
      138 words
    • Article
      Prime rate
      23 5 THE average rate at which major Singapore banks are currently prepared to lend to their best customers is 9.33 per cent.
      23 words
    • Article
      ASIAN $
      190 5 ASIAN ASIAN currency deposit interbank rates as at 5 pm on April 13: US Dollar* Offer Bid 7 days 10 9/16 10 7/16 1 month 10* 10* 2 months 1011/16 10 9/16 3 months 10* 10* 6 months 11 1/16 10 15/16 9 months 11* 11* 12 months 119/16 117/16
      190 words
    • Article
      Discount
      45 5 RANGE of prices offered by discount houses on April 13: Overnight: 3 3'* Call deposits: 3 3 < Closing Buying Selling 3-month Treasury bills 2H 2H 3-month Bank bills 8* 84 3 months CD 81/16 715/16 6 months CD 81/16 715/16 Scarce: NntiMuU Dlaewurt C*.
      45 words
    • Article
      Hongkong
      77 5 THE US dollar continued lower yesterday in fairly quiet late trading, because of an unexpected US$5 billion drop in US M-l money supply and a 2.2 per cent fall in US March retail sales. Banknote rates yesterday: (HK per one): US 7.78/7.80 UK ...11.05/11.25 Brunei 3.72/3.74 West Germany 2.97/2.99
      77 words
    • Article
      London
      98 5 THE dollar opened little changed yesterday in moderate trading with no clear direction and dealers awaiting further US economic data due yesterday. The US currency opened at 2.6150/60 marks, slightly easier than Thursday's 2.6175/85 close and down on New York's late 2.6205/20. Opening quotes yesterday. US 1.4323/33 1.8300 16
      98 words
    • Article
      Treasury bills
      49 5 RESULTS of tender held yesterday for 91-day Treasury bills to be issued from April 16 to April 19. Offered: $130,000,000 Applied for: »147,500,000 Alloted: $130,000,000. Accepted bids: $99.28 approximately 88 per cent; higher bids in full. Average rate of discount on allotment: 2.870 per cent per annum.
      49 words
  • Page 5 Advertisements
    • Advertisement
      Page 5 Advertisements Column 1
      265 5 THAIS ASIAEUROPE EXPRESS ROUTES One-stop to Copenhagen, Frankfurt, Rome and Athens,then take your choice to Piaris, Amsterdam and London. Now by Royal Executive Class. Catch Thai on the GREAT CIRCLE EXPRESS ROUTE. It flies the shortest distance non-stop to COPENHAGEN,FRANKFURT,ROME and ATHENS. Then onward to the other great European capitals
      265 words
Page thumbnail Page 6
  • Article
    Tax advice has a catch
    503 6 AVOIDING evasion was the subject of a talk given by lawyer Ronald Lee at a conference yesterday. Mr Lee is not a linguist who delights in splitting hairs over the difference between two similar words: avoidance and evasion, much less one who would confuse his
    503 words
  • Article, Illustration
    Lock icon Steelworkers hold Paris march
    1028 6  -  By HUGH DENT AFP THE Eiffel Tower, once a symbol to the world of the industrial might of steel, was yesterday a focal point of a "march on Paris" by thousands of workers facing the rationalisation that has swept through the steel industry worldwide. Steelworkers spearheaded
    AFP  -  1,028 words
  • Article
    Lock icon Political fever runs high in the Philippines
    714 6  -  By TEODORO BENIGNO AFP THE Philippines heads for the May 14 National Assembly elections with political passions mounting, the military alerted for possible large scale violence and an honest outcome considered a big question mark. The campaign, which began on March 27, is
    AFP  -  714 words
  • Article
    STRAWS in the Wind
    565 6 The Procreation Act explained A PROPOSED law to regulate and encourage the bearing of children by graduate women has been drawn up, fortunately not yet by any government ministry. The Procreation (Encouragement) Act, 1983, was apparently the work of a university lecturer (or student) and copies
    565 words
  • Page 6 Advertisements
    • Advertisement
      Page 6 Advertisements Column 1
      123 6 Hie three secrets of success discovered by hundreds of thousands can now beput to work with... Putting The One Minute Manager to Work is a companion volume to The One Minute Manager, the hugely successful international best-seller which has sold more than a million hardback copies and has been translated
      123 words
  • Page 6 Miscellaneous
    • Miscellaneous
      Page 6 Miscellaneous Column 1
      806 6 -11-OME GBOSSWORD 1 111 11 I JIIIIHII, IJ 1 I J Uaiiu ami CRYPTIC PUZZLE ACROSS 8 Still emotionless (7) 9 Straight from the dealer, perhaps (5, 4) 13 Only the name and age of the baby (5) 14 Point the new nibs out to the writer (5) 15 In
      806 words
Page thumbnail Page 7
  • TIME OFF
    • Article, Illustration
      Serving moments of magic
      719 7  - Serving moments o f magic French culinary expert Outhier expounds on his philosophy of eating right By MONICA GWEE LOUIS Outhier, culinary advisor to Le Restaurant de France at the Meridian Hotel, may be the only French chef visiting Singapore without a moustache or aspirations to one. He is also
      719 words
    • Article, Illustration
      Terms of Endearment: a simple story told in a sensitive manner
      382 7  -  By LUCY NG WITH five Oscars and 11 academy awards behind it, Terms of Endearment is certainly a film that comes fully endorsed by the movie people. It is a two-hour movie that woos its audience with every persuasive
      382 words
  • Page 7 Advertisements
    • Advertisement
      Page 7 Advertisements Column 1
      387 7 asean THE AUSTRALIAN FINANCIAL REVIEW THE NIHON KEIZAI SHIMBUN IN ASSOCIATION WITH BUSINESS TIMES (MALAYSIA) The three major business dailies of the region present A ONE-DAY ECONOMIC SYMPOSIUM w ASEAN, AUSTRALIA AND JAPAN BREAKING DOWN THE BARRIERS" MAY 7, 1984 KUALA LUMPUR HILTON, MALAYSIA. The Hawke government has increasingly committed
      387 words
  • Page 7 Miscellaneous
    • Miscellaneous
      Page 7 Miscellaneous Column 1
      896 7 tv&radio C SINGAPORE S J) 12.30 PM SBCTEXT "Live" Sample Pages 1.00 Opening and Programme Highlights followed by Sesame Street 2.10 Saturday Matinee "All the Way, Boys!" 3.35 9th East Asian Squash Championships (Men's Final) 4.30 Energy Ability to Do Work 4.40 Indonesian Movie Colak Colek (English subtitles) :Song composer
      896 words
    • Miscellaneous
      Page 7 Miscellaneous Column 2
      416 7 What's on CONCERTS Tonight, Singapore Symphony Orchestra with Alexander Slobodyanik, Soviet pianist who recently completed concert tours of Europe and America where he was described as a virtuoso who could do miracles. Programme: Quattro versioni originali della "Retirata Notturna de Madrid d L Boccherini (Berio); Symphony No 4in Bflat, Op6o
      416 words
Page thumbnail Page 8
  • Page 8 Advertisements
    • Advertisement
      Page 8 Advertisements Column 1
      1087 8 Where to wine, dine and entertain today Y^^4^^/*w^^s«g?7. V/ The total card that incorporates the features of a credit card, charge card, chequ The total card that incorporates the features of a credit card, charge card, cheque card, cash card and purchase card neatly into one. Call Julia at *****97
      1,087 words
    • Advertisement
      Page 8 Advertisements Column 2
      295 8 o£sort loom Ofii/pc rb I C!)c t iHebaUton(B|i (Prill I "V: Treat yourself to our famous Prime Rib beet in town served on a Silver Wagon. Unwind to the live entertainment provided by the F ilipino hand the Rhythm Teens' nightlv trom 7: 30pm to 11 *opni M teservattons M
      295 words
Page thumbnail Page 9
  • RAW MATERIALS
    • Article
      LONDON MARKETS
      1094 9 COFFEE: Robusta coffee futures at midday yesterday rose to around the day's highs on general trade buying in fairly quiet conditions, with prices little influenced by reports from this week's International Coffee Organisation Council session. Prices were £10 to £19 a tonne above Thursday's close. Near May last
      1,094 words
    • Article
      Produce exchange
      159 9 CHINESE Prodace Exchange, Singapore, noon closing prices per 119 kg yesterday. Cseonnt all: Bulk fob $194.00 sellers, old drum (in second hand drum) fob $207.00 sellers, new drum fob $211.00 sellers. Copra: Mixed (loose) $110 buyers. Pepper: Muntok white pepper fob Asta NLW $632.50 sellers, Sarawak white pepper
      159 words
    • Article
      TEXTILES
      193 9 YARN and cotton prices were quoted as follows in Hongkong yesterday. (In HK dollars, spot ex-go-down) Cottoa Yui: China Blue Phoenix 20's 3,470, 32's 3,960, 40's 4,100 (per bale of 400 lbs). Piece Goods: China Butterfly and Globe Brand unq. Dragon Head unq, Five Lambs unq. Flower and Butterfly
      193 words
    • Article
      RICE
      328 9 SINGAPORE: Yesterday's closing prices in SI per kUo, ex-godown: THAI WHITE: 100 per cent first class (Kangaroo) new crop 1.05, 100 per cent second class 0.82, 100 per cent third class 0.78, 25 per cent new crop no stock, B-10 per cent no stock. THAI BROKEN. A-super 0.63, Special
      328 words
    • Article
      PALM OIL
      212 9 MALAYSIAN crude palm oil prices continued to firm yesterday on covering and speculative interest. Sentiment was boosted by the Malaysian reduction of palm oil export duty and Pakistan's presence in the market for further purchases of RBD palm oil. Pakistan rejected all offers yesterday following its purchase of
      212 words
    • Article
      SOYBEAN
      190 9 SOYBEAN futures in Chicago on Thursday closed on or near the lows, off 5V* to 2't US-cents per bushel, with May posting an eight-cent range for the day. After the inital wave of follow-through speculative long liquidation was absorbed, prices recovered when news circulated that Cacex had lowered its
      190 words
    • Article
      WHEAT
      229 9 WHEAT futures in Chicago on Thursday closed mixed, ranging from up 4V< UScents per bushel in May to off one in distant May. Nearby May rallied from early lows to post a 8' 2 -cent range on the day. A new Moroccan tender for US SRW wheat and trade
      229 words
    • Article
      Rubber prices firmer on unexpected rally
      281 9 A good rally in May One RSS was seen this week, taking the market by surprise, H*Uday, Cutler, Bath ft C« said in its review of the Singapore and Malaysian rubber markets for the week ended April 12. Nearby levels finished five cents up
      281 words
    • Article
      RUBBER
      299 9 THE RUBBER market in Singapore yesterday closed slightly lower with May One RSS buyers quoted at 232.50 cents a kilo, down 1.50 cents from Thursday's close. The morning session was marked down slightly on lack of buying interest and fresh factors after an easier opening. Prices were initially easier
      299 words
    • Article
      CLOSING PRICES
      30 9 Rubber: April 13 Singapore: May 232.50 cents (down 1.50 cents) Malaysia: May 253.50 cents (down 2.50 cents) Tin: M 529.15 per kilo (unchanged) 105 tonnes (down 10 tonnes)
      30 words
    • Article
      Straits Tin
      80 9 THE Straits tin price in Penang yesterday held at the IT A floor level of M 129.15 a kilo, with the buffer stock manager again providing sapport. Dealers said the buffer stock manager took the hoik of the 116 tonne offering, down from 115 on sffer from Thursday.
      80 words
    • Article
      RAS PRICES
      314 9 RAS prices In cents per kilo yesterday: Noon Ckiae (per kilo) (per kilo) Buyers Sellers Buyers Sellers Int 1 R.S.S prompt f o b 227.50 228 50N 227 50 228.50N Int. 1 R.S.S. May 232 50 233 00 232.50 233 00 Int. 1 R.S.S. June 232.50 233 00
      314 words
    • Article
      SSR and SMR
      105 9 NOON SSR and SMR 1 I RA8 May June (Carraat Mtk) (Forward Mtk) Buvera Sellers Barer* Seller* SSR 20 (1 too pallet) 212-50 *****N 213.50 215.50N SSR SO Ilia pallet) ***** 212-50N 212-50 214.SON MRELB HV JM* SMR CV U-toi pallet) ***** 273.00N 273.00 275.00N SMR L
      105 words
  • INTERNATIONAL STOCKS
    • Article
      Paris
      173 9 APR 12 Frs GROUP B CORBEILLE Air-Uqulde 551 Aqultalne Nat Des Petrol* 242J0 -10 -2.6 Carre four Financiers de LUnlon Lafarte Moet-Hennessy 1710 89 90 see 1502 1W1 -20 -2.6 +3 -9 *03 B S N Oervals Danone C S F (ThomsonCsf) Cle Francalse des Petroles 2001 318 232.50
      173 words
    • Article
      Brussels
      71 9 APR 12 Frs Gr Bru Lamb 2425 5 Hobok 5400 80 FORWARD MARKET Petro 7870 -130 Ryl Dutch 2870 35 Accc Sldro 2400 10 1130 >10 Soc Oen Belt 1870 5 Soflna 5830 -40 RrMfin Solvay A 4175 10 Canpar V Mont 4305 -10 Cock 304 5 De Beers
      71 words
    • Article
      Frankfurt
      70 9 APR 12 116 50B 190 JOB 0.5 Aec-Telefunken BASK 97.10 183 10 0.1 -0.9 Kantadt 206.00 Bayer 171 00B BMW Commerzbank Contl Oummi 402.00 176.X *****B unch -04 Manneunann 1 .llllps Komm 142.50B 325.00 >0.3 Daimler-Benz 565 00 5-5 Rwe ST A 165.00B Degusu Deutsche Bank Dresdner Bank GHH
      70 words
    • Article
      Milan
      83 9 APR 12 Lire Mlla.no Ass Ord Mondadorl Ord ***** 3500 10 -40 Bel 33H10 Mondadori Prlv 1850 -30 Centrale Ord Cond Acqua Roma 1(11 135 -27 5 Montedison Olivetti Ord Pirelli And C 206 75 <380 2830 -Z25 10 -3 Pirelli Spa 1480 10 •10 Ras ***** 3585 Rlnascente
      83 words
    • Article
      Toronto
      203 9 APR 12 Abttlbi C$ 25** unch Imp OU Inco aw 181 H unch Alc&n 40** Int Prov Pipe 7>v» unch 25* Int uu 241 Bank Mont 25 InU Nickel 1«1 unch Bank Nova Scotia Bell Tel 11* 2®W Kerr Add LoDlaw B 171 unch BP Can LUI 21 37*
      203 words
    • Article
      Johannesburg
      157 9 APR 12 Rand Un Steel 130 -2 Unlsec 550 -5 INDUSTRIALS WoolworUi 1T75 unch A Alpha 960 unch MININGS Abercom AE And CI 836 Anglos 2440 *5 unch 6675B 25 AMIC 1850 25 Buffels 7960 100 460 10 1060 5 CNA 1540 Currte Finance 525 unch De Beers 965
      157 words
    • Article
      Amsterdam
      153 9 APR 12 ABN nr 382 00 •1 Intn Muller Kbb KLM Meneba Naarden National Ned 3180 33.90 171J0 58 50 38 80 217 JO 0J -0.8 2.5 OA -0.4 -1 Ahold Akio 103.50 97.90 2 0.8 Am fas Nedlloyd Nmb 119.50 157.00 -3 1.S Berk Oce Orlnten Boli 83
      153 words
    • Article
      Stockholm
      73 9 APR 12 Kronor Alfa Laval B Free 273 Asea B Free 330 Astra B Free 480 Atlas Co pro 128 Ericsson B Free 326 Esab Free 310 -1« 35 -30 -3 -1 -IS 5. E Hanken Sandvik B Free Skandla Skf B Free 335 400 3B2 207 -7 unrh
      73 words
    • Article
      Prices sharply higher
      1139 9 NEW YORK HEAVY BUYING of blue chip stocks in the final hour of trading on Thursday helped the stock market achieve one of its best gains of the year as investors reacted to good corporate earnings and signs that US economic growth was slowing. The Dow Jones
      1,139 words
  • Page 9 Advertisements
    • Advertisement
      Page 9 Advertisements Column 1
      15 9 CHILDREN'S BRITANNIC A the best gift for your child. Call STP Distributors Tel: *****98, *****28,*****44
      15 words
    • Advertisement
      Page 9 Advertisements Column 2
      60 9 Announcing the opening of. <3.3*8 PtnHSWKi RCSTFKJRfimr Singapore's NEWEST addition to superb traditional Sichuan Cuisine. With a fragrance to tantalise all taste buds. We cater for banquets. And have private function rooms, too. With free ample parking facilities Pin Hsiang Restaurant Fragrantly Superb. Pm HStflfXi R€STRURAnT RELC Building. 30 Orange
      60 words
Page thumbnail Page 10
  • Article
    BUSINESS DONE ON THE SES AND THE KLSE
    2755 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. All Time Settlement Contracts are quoted after
    2,755 words
  • Article
    SHARE INFORMATION SERVICE
    3594 10 «1? It. Uw CMpujf Last Sale -farGr's DW Dfrr C*r G*s TM Net P/E Vol Day (TOO) High Lew SECTION ONE INDUSTRIAL ft COMMERCIAL 172 110 BO ns HO tn no m ns J44* t92 500 710 no 178 us sas D10 (38 SOS UO S02 N6
    3,594 words
  • Article
    Unit trusts
    196 10 Managers' prim i for April 14 1« SINGAPORE UNIT ntu 8T DIAMOND MOT STOKE The Commerce 3.9 3.60 Mar Apr The Savings Fund 1.98 2.10xd Diamond S pore Prog Fund 144 1.53 S'pare Fd(USI) o.« 0.52 S pare Sec. Fund 2.21 2.35 SI 1.00 1.08 S pore Invest
    196 words
  • Article
    In Kuala Lumpur
    2234 10 BID and offer prices officially listed and business in and ported to the Kuala Lumpur Stock Exchange yesterday, with tbe number of shares traded sbown in brackets In lots of 1,000 units unless otherwise specified. INDUSTRIALS AJainti (3.908 4.005) Akmm (2.406 2.435) (2) 2.43 (1) 2.42 (3)
    2,234 words
  • Article
    Upsurge runs out of steam
    806 10 THE aharp overalgkt reboaad aa Wall Street did tittle far the local market yeaterday. Aa early meralag rally raa aat af steam ky tke afteraaaa session aad shares cam* to a ahtd By tke flaal kell, tke Stralta Tlmea ladaatrlal lade» —pj to advaaee LSI
    806 words
  • Article
    Trading in KL remains quiet
    514 10 A STRONG overnight close on Wall Street failed to lift sentiment on the Kuala Lumpur stock market yesterday and shares ended the week on a quiet note. Prices were generally traded within a narrow range for most of the session with only selected spots providing
    514 words
Page thumbnail Page 11
  • COMPANY NEWS
    • Article
      DBS Bank looks to upturn
      883 11  -  DBSBANK By NAJEEB JARHOM DBS BANK had a hectic year in 1983 in spite of a significant slowdown in its profit growth and the bank is now set to enjoy maximum benefits from the expected strong banking sector'this year. Still, DBS is expected to continue
      883 words
    • Article
      Lock icon Demand for IBM products surges
      458 11 Reuter NYT INTERNATIONAL Business Machines Corp's order activity is significantly above last gear's levels, chairman John Opel said in announcing" the company's first quarter earnings. Ofrier activity for IBM's products continues to grow at a strong pace and the growth spans its product line. Net
      Reuter; NYT  -  458 words
    • Article
      Lock icon GM aims to improve foreign operations
      546 11 Reuter GENERAL Motors Corp, the largest US car company, intends to make a major effort to improve its foreign operations in coming years, president F James McDonald said. While the company still has tar to go if it ever hopes to overtake Ford Motor
      Reuter  -  546 words
    • Article
      Lock icon Crocker posts loss in first quarter
      697 11 NYT THE CROCKER National Corp, America's 14th-largest banking organisation, has reported a loss of US$l2O.B million in the first quarter of 1984 as the result of a major provision for bad loans. It followed a $57.2 million loss in the fourth quarter and a
      NYT  -  697 words
    • Article
      Improved results for Bandar Raya
      243 11 BANDAR Raya Developments Bhd lut» reported a significantly improved performance for the year ended Dec 31, IKS. Group audited pre-tax profits rose by a hefty 65.7 per cent to M 514.9 million on turnover of $59.24 million, ap 59.3 per cent. After a comparatively lower
      243 words
    • Article
      Lock icon Nestle plans one-for-20 rights issue
      153 11 Reuter NESTLE SA has proposed a one-for-20 rights issue to raise capital to 300 million francs nominal from 285 million francs. Shareholders may acquire new Nestle shares for 1,800 francs each and new Unilac shares for US$l5O each. Subscription is from May 30 to June
      Reuter  -  153 words
    • Article
      COMPANY MEETINGS
      70 11 CARL8BERG Brewery Malaysia Berkad: Fourteenth AGM to be held at Ladang Perusahaan Shah Alam, Selangor on April 16 at II am. KINGS Hatel Limited: Sixteenth AGM to be held at 16 Raffles Quay, #26-00, Hong Leong Building, Singapore, on Monday, April 16 at 11.00 am. INCHCAPE Berhad: Seventeenth
      70 words
  • ASIAN STOCKS
    • Article
      Market ends lower
      393 11 HONGKONG SHARE prices yesterday were mostly lower in lacklustre trading ahead the weekend. The Hang Seng Index closed off 15.71 at 1,075.70. Among leaders Cheung Kong eased five cents to HK$9.7O, HK Land 10 to $3,625, HK Wharf five to $4,225 and Jardine Matheson 20 to $11.20.
      393 words
    • Article
      Tokyo shares finish higher
      528 11 SHARE prices yesterday closed higher for the fifth day running in brisk trading, with investors encouraged by one of the highest daily gains this year on Wall Street on Thursday. The market average rose 48.06 to close at 11,015.21 after gaining 27.71 on Thursday. It briefly
      528 words
    • Article
      Sydney prices close firm
      469 11 INDUSTRIAL shares firmed while resource issues were little changed in quiet trading on Australian stock exchanges yesterday. At 1500 hrs the All-Ordinaries Index was up 2.2 at 764.0 with the AllIndustrials gaining 4.5 to 989.8 and the All-Resources up 0.6 at 584.3. Industrials finished strongly with
      469 words
    • Article
      Taipei
      218 11 APR 13 All Sincere Indus Asia Cement NT 10.00 31 10 4V- 01 -04 Chem inaus Lien Hwa Indus Nan Ya Plas 23.00 1040 35 JO unch -0.4 -0J -05 Cathay Cons Chant Hwa Bank 32.00 ssjo -03 unch Pacific Elect Wire 17 JO Chla Hain Cement 33J0 17J0
      218 words
    • Article
      Manila
      96 11 APR 13 Pesos Aco)* Mining Anglo Phil Apex Mining B Altai Con B o au 40.50 unch OA Bagulo Ootd 0.001 unch Bute Petroleum oooe unch Benguet Con. B CDCP i« 4-1 First PhU Hides 1.70 unch Lepanto B. 0.7 unch Marlnduque B -t MirltKl Oriental B OjOU -0.001
      96 words
  • Page 11 Advertisements
    • Advertisement
      Page 11 Advertisements Column 1
      74 11 TAT LEE BANK LIMITED (Incorporated in the Republic ot Singapore) U5520,000,000 FLOATING RATE CERTIFICATES OF DEPOSIT DUE OCTOBER 1984 In accordance with the provisions of the Certificates, notice is hereby given that for the six months interest period from 17 April 1984 to 17 October 1984, the Certificates will carry
      74 words
    • Advertisement
      Page 11 Advertisements Column 2
      109 11 CHIEF DEALER A long established American Offshore Bank seeks suitably qualified candidate to direct their Foreign Exchange and Money Market Operation. The position offers an opportunity to build on an existing professional team so as to complement our global effort to expand in the area of treasury activities. Ideal candidate
      109 words
Page thumbnail Page 12
  • Chief Price Chances
    • Article
      SINGAPORE
      176 12 Rises Indices I C B 785 35 M A A 1450 30 Apr 12 Apr 13 Petaliag Temertoh Wilkinson 1100 900 30 30 BT Composite: 930.68 931.27 630 +30 BT Indicator: *****95 *****60 New Serendah 428 22 ST Industrials: 1005.09 1007.36 Iatl Trust 258 12 ST Finance: 2962.56 2979
      176 words
    • Article, Illustration
      KUALA LUMPUR
      161 12 Rises Indices Inch KK 2950 100 Apr 12 Apr 13 Kuchai 1890 90 SEA Corp 1820 +70 MBT Indicator *****68 *****67 New Serendah 472 +32 NST Industrials: 1487.44 1485.29 Wilkinson 690 +30 NST Finance: 2808.10 2842.96 M Banking 1160 30 NST Hotels: 658.65 659.77 M A A 1560
      161 words
    • Article
      Selected indices
      48 12 H.K.HANG SENG Thursday 761.7 Week Ago 754.9 Friday.. 1075.70 Thursday 1091.41 Week Ago 1064.32 AUSTRALIAN INDUSTRIALS FINANCIAL TIMES INDUSTRIALS Thursday 888.6 Wednesday 886.1 Week Ago 867.0 Friday 989.8 Thursday 985J Week ago 978£ ALL ORDINARIES DOW JONES AVERAGE INDUSTRIALS Thursday 1157.14 Wednesday 1130.97 Week A»o 1130.55
      48 words
  • Article
    Lock icon London exchange hopes to reach decisions by July
    247 12 Reuter THE London stock exchange hopes to have taken the main decisions on restructuring the market with new dealing systems by about the end of July. Exchange chairman Nicholas Goodison said the plans should be taking firm shape by then if the
    Reuter  -  247 words
  • Article
    LONDON STOCKS
    949 12 SHARES yesterday moved off the higher levels on profit-taking, having risen initially in line with the sharp overnight advance on Wall Street, dealers said. At 3pm, the FT 30 Index was up 7.4 points to 896.0. Glaxo ended 17p up at 865 after 870, BTR was up 8p
    949 words
  • Article, Illustration
    Bousteadco turns in loss, skips dividend
    449 12  -  im Companies Editor: ALAN LEE By CHAN MAY PENG BOUSTEADCO Singapore Ltd has decided to skip dividends for 1983 in view of disappointing results. This is the first time Bousteadco is not paying dividends since it was separately listed in Singapore in 1975. For
    449 words
  • Article
    AMDB's purchases approved by two committees
    163 12 ALLIED Malayan Development Bhd has received the approval of the Capital Issues and Foreign Investment committees for its proposed acquisition of Sineo Holdings Sdn Bhd and Global Sistemaju Sdn Bhd. However, the CIC has altered the purchase consideration for the acquisition of Sineo Holdings
    163 words
  • LATEST RESULTS
  • Article
    Operating profits up 20pc at Straits Trading
    381 12 THE Straits Trading group has put up a commendable performance for the fullyear and shareholders will get a slightly higher final dividend. For the 12 months to December 1983, Traders recorded a 20.1 per cent rise in group operating profits before tax to
    381 words
  • Article
    COMPANY BRIEFS
    207 12 BERJAYA Kawat Bhd, which placed an advertisement of petition for the winding-up of Universal Cables (M) Bhd in a Malaysian newspaper on Wednesday, has withdrawn the petition. This is because the amount due to the company has been settled in full. Mr MASAMICHI Yazawa was appointed managing director
    207 words
  • Article, Illustration
    Lock icon Trend is worth watching
    277 12 CHART PiWINTI Hock Lock Siew IN THE last live months the price of United Industrial Corporation shares has been comfortably entrenched within an uptrend parallel or 'channel' AB:CB. The counter was recently traded to a high of $2.M on April 4 and has since been steadily
    Hock Lock Siew  -  277 words
  • Page 12 Advertisements
    • Advertisement
      Page 12 Advertisements Column 1
      420 12 SEMINAR ON ADAPTIVE REUSE INTEGRATING TRADITIONAL AREAS INTO THE MODERN URBAN FABRIC A joint program of Harvard University and the Massachusetts Institute of Technology through Massachusetts Institute of Technology Laboratory of Architecture and Planning This seminar will be officiated by H.E. Mr S. Rajaratnam, Second Deputy Prime Minister Singapore April
      420 words
  • Page 12 Miscellaneous
    • Miscellaneous
      Page 12 Miscellaneous Column 1
      60 12 OUTLOOK for today: Ooudy; with showers in few areas in the early afternoon. Report for 24 hoars prior to 7.39 pm on April 13 at the airport: Maximum temperature 29.7 Associated humidity 73 Minimum temperature 23.7 Associated humidity 97 Hours of sunshine 1.10 Rainfall in millimetres 13.5 Total rainfall for
      60 words