The Business Times, 17 January 1985
1985-01-17
1
16
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The Business Times
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Title Section12 1985-01-17 1 BUSINESS TIMES M.C. (P) No. 99/1/85 THURSDAY, JANUARY 17, 1985 60 CENTS12 words
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382 1985-01-17 1 PENG AILIAN - By PENG AILIAN THE Post Office Savings Bank will more than double its network of automated teller machines (ATMs) from the present 200 to 450 before the year is out. The ambitious plan is expected to cost the POSB about $25 million382 words
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Article630 1985-01-17 1 LEE HAN SHIH - Privately-owned buildings do better than government developments in the area By LEE HAN SHIH SHOPKEEPERS dropped out of almost 9,000 sq metres of shopping space in the Orchard Road area in the 12-month period to September 1984. The fall in occupied shopping space in the630 words
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606 1985-01-17 1 BRIAN GOMEZ - By BRIAN GOMEZ SINGAPORE'S role as the world premier rubber market will receive a new impetus later this year with the introduction of a new hedging contract. A new contract based on a technically specified rubber (TSR 20) could be introduced as early as606 words
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159 1985-01-17 1 AP CHINA'S Foreign Minister Wu Xueqian will pay an official visit to Sri Lanka from Jan 23 to 26, and then travel to Singapore for a goodwill visit from Jan 26 to 30. Chinese government spokesman Ma Yuzhen said yesterday that it will be MrAP - 159 words
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Article, Illustration78 1985-01-17 1 THE SINGAPORE stock market lost more groaad yebtoriay in quiet trading. Construction eoantors backed the tread aad closed higher. Recently-listed Lam Chang headed yesterday's most active list, accounting (or abeat 12 per cent of total turnover. It closed five cents higher at Hi cents. The IT Campsite latex78 words
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451 1985-01-17 1 LOH HUI YIN - By LOH HUI YIN SINGAPORE Petroleum Company is prepared to sell more petrol to independent Japanese retailer Taiji Sato if he approaches the company again. This firm stand is based on a corporate policy that it will sell to any commercial451 words
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304 1985-01-17 1 BIDS amounting to $8 million j for the bulk of goods belonging to Chop Hoo Thye have been accepted by Peat, Marwick, Mitchell A Co, the receiver and manager appointed by the High Court to dispose of assets of304 words
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Page 1 Advertisements
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Advertisement93 1985-01-17 1 WATERMAN PARIS Writing instruments of distinction since 1884 Trade enquiries: Ttel: *****33 CtthtoM shopping, BackPag* So much belter at o o (p.a.) FIXED DEPOSITS o i 'o > ri Savings Account 7Va% HOUSING LOANS 'i ,''ir J': tf n f 1 10 t) 1 Permit NO 0007 nnr Htad Office93 words
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Advertisement274 1985-01-17 1 A PROPOSAL outlining the syllabi of training courses for travel agents is expected to be submitted to the training committee of the National Association of Travel Agents Singapore next week. Page 3 AUSTRALIA is about to be embroiled in a series of crippling strikes. The hottest of the country's industrial274 words
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Advertisement88 1985-01-17 1 ~:-;\*-&,]$:`?)/,<?@?>%"{:@`*// Two flights a day to the land of opportunity. Brunei Darussalam. law middaY and aiOpm and Sunday, 10.40 am as Tv|{ Royal Brunei has two flights a day, with three on Fridays and Sundays to Bandar Sen Begawan, the capital of Brunei Darussalam. If you have business in Brunei88 words
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Advertisement8 1985-01-17 1 BEHIND EVERY SONY PROOUCT IS SONY Service *****18 words
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HOME NEWS
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406 1985-01-17 2 GRACE YU - By GRACE YU SELLING Taiwan-mde computers to China from Sinapore may not make sense where freight is concerned, but this is what a local company will be doing. Political considerations have made it necessary for the Taiwanese manufacturer to appoint Advanced Computer Pte Ltd as406 words
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129 1985-01-17 2 THE LATEST electronic equipment used by the military forces of Western countries will be displayed at the Electronics for National Security Asia '85 (ENSA '85) exhibition starting today. About 137 leading international manufacturers and suppliers from 19 countries will display the latest and most sophisticated electronic129 words
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222 1985-01-17 2 SINGAPORE has overtaken other South-east Asian countries to become the biggest regional importer of Washington apples from the US. In the first nine months last year, the Republic imported 61,225 tonnes of Washington apples, each box con- taining between 113 and 216 apples.222 words
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Article146 1985-01-17 2 A PROPOSAL TO promote economic exchange between Singapore and Yokohama has been drawn up by officials of the Japanese city. The feasibility of the plan will be discussed by government officials and businessmen from* both cities at the Economic Exchange Promotion Meeting on Monday. A 20-man team146 words
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281 1985-01-17 2 IT IS THE Ministry of Education's policy to appoint school principals from amongst Singaporean teachers, and only in special circumstances will an expatriate teacher be considered to head a school. In the case of the AngloChinese Secondary School (ACS), the special circumstances were there.281 words
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Article, Illustration174 1985-01-17 2 MENDAKI, the council on education for Muslim children, has received royal attention. King Almalek Fahd bin Abdulaziz Alsaud of Saudi Arabia yesterday donated $312,500 to Mendaki Foundation. The cheque was presented by Mr Shaikh Abdul Rahman Ibrahim Al-Toemi, the Saudi Arabian Charge d'Affaires, to174 words
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298 1985-01-17 2 SHAHRIR ARIFF - By SHAHRIR ARIFF NEARLY $72,000 was collected last October from donations made by Muslim workers in Singapore through the Central Provident Fund. The amount collected during the months of November and December is not yet available. From Oct 1, 1984, the Muslim Religious Council298 words
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247 1985-01-17 2 THE Singapore Structural Steel Society intends to add 300 members to its current 126 by the end of next year. Secretary of the SSSS, Mr John Tan, said yesterday that by the end of this year, the membership is likely to reach 200.247 words
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Article109 1985-01-17 2 TWO NEWLY-DESIGNED aerogrammes featuring a scenic view of the seafront of Singapore and Cultural dances will be released for sale as from Friday at all post offices, the customer service area at the Mails and Parcels Centre (Telecoms Chai Chee Operation Block), and the Telecoms Customer Services Centre109 words
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Article136 1985-01-17 2 Seminars and courses DURATION TITLE VENUE ORGANISER Jon 21 Customer Relations LadyhiU Hotel Consult ManaFor Service Engineers gement Services Jon 21-22 Cost Engineering Hotel Meridien AHI Seminar And Btddmg Strategies Services Jan 21-23 How To Prepare Holiday Inn Fronk Newman Marketing Ptons Associates Jan 21-26 CNC Turning 2 JECTU136 words
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Article43 1985-01-17 2 IMPERIAL CHEMICAL Industries (ICI) Paints will hold a conference in Singapore this week to share information gained in research and development as well as discuss strategies for international development. About 12 executive members will attend the fiveday annual meeting.43 words
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328 1985-01-17 3 JAIME LYE - By JAIME LYE A PROPOSAL outlining the syllabi of training courses for travel agents is expected to be submitted to the training committee of the National Association of Travel Agents Singapore (Natas) next week. This marks the first concrete move towards formal328 words
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Article, Illustration380 1985-01-17 3 QUEK SWEE PENG - By QUEK SWEE PENG MAJOR high-technology companies are being sought to buy a light industrial site at 151 Lorong Chuan for $28 million. The four-hectare area is also available for long-term lease, say marketing agents Knight Frank Cheong Hock Chye380 words
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277 1985-01-17 3 THE ordinary person may be put off by the term "hot fermentation of manure". But it involves new technology and is available to anyone who might have some use for it. Bath-tubs for handicapped people, new gas fryers, an instrument with a "high-tech" sounding277 words
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558 1985-01-17 3 MONICA GWEE - By MONICA GWEE THE HOME DELIVERY business has taught some retailers and customers a few lessons in doorstep servicing. One fresh milk importer, working closely with his neighbourhood deliverers, has reported fewer cases of "doorstep thefts". "Our early morning deliveries of milk sometimes disappear558 words
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284 1985-01-17 3 THE CAR PARK of Marco Polo Hotel will once again be turned into a high-class hawker centre on Saturday, Jan 26, when the Leo Club of Singapore Central holds its Third International Food Fair. Between 12 noon and spm284 words
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Page 2 Advertisements
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Advertisement432 1985-01-17 2 The Institute of Banking Finance DOCUMENTARY CREDITS Featuring Michael Rowe, Secretary. Commission on Banking Technique and Practice, International Chamber of Commerce, Paris and a panel of bankers. Michael Rowe together with Bernard Wheble has played a leading role in redrafting the Code of Practice for documentary credit operations. Singapore: Hotel432 words
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Advertisement174 1985-01-17 2 HERE'S HOW TO SET A COMPLETE OFFICE FOR THE PRICE OF A ROOM By complete office, we mean a prestigious address, an impressive reception area, conference room, receptionist/switchboard operator and access to modern office equipment such as word-processor, teiex facsimile, photocopying, etc. It's a modem office concept in office leasing174 words
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Page 3 Advertisements
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Advertisement196 1985-01-17 3 ■ei S j* V- <> 0 •i. v-i A MfTSUSISHI If you want a copy of something you see on TV... Whether it's being televised, or playing on the VCR. A page of SBCTEXT. Or something on the monitor of a computer with 40 column display. Perhaps even direct from196 words
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WORLD BACKGROUND
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Article, Illustration1005 1985-01-17 4 Severe test for Prime Minister Bob Hawke It may come as a surprise to outsiders, but Australia's strike record has been relatively good for most of last year. The level of industrial disputes in the year to September was the lowest in 16 years, and 20 per1,005 words
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Article216 1985-01-17 4 Reuter AUSTRALIA and Japan yesterday welcomed the US-Soviet decision to resume arms talks and agreed that the unity of non-communist nations was important to help make the new negotiations a success. The two countries' prime ministers, Yasuhiro Nakasone and Bob Hawke, also agreed that theyReuter - 216 words
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753 1985-01-17 4 AFP AP BRAZIL'S first civilian president in two decades is a centrist with a flair for political acrobatics and a talent for survival who has captured the confidence of the military and the business community- as well as the enthusiasmAFP; AP - 753 words
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Article748 1985-01-17 4 ARRIVALS Operator Scrvicc Local From number timt KAL KE687 0030 SEL/KUL PAA PA5 0155 JFK/SFO/HKG LtfFT LH688R 0250 FRA/DXB MAS MH681 0820 KUL MAS MH603 0905 KUL MAS MH671 0935 KUL MAS MH811 0940 PEN RBA BI421 1000 BWN SiA AC SO 103 AC858 1005 1015 KUL748 words
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Page 4 Advertisements
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Advertisement266 1985-01-17 4 i. J" v V In-store merchandising. A most underused promotional tool. And one which achieves real results, "because you can take as long as you like to show your product in use, or to demonstrate it and you're not constrained by mere fractions of a minute. And as your demonstration266 words
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Advertisement12 1985-01-17 4 I VV\ F irst In Space. First In Luxury. First In Comfort12 words
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Page 4 Miscellaneous
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Miscellaneous44 1985-01-17 4 Doonesbury H /1/ good lav, cuzns. yes, YOU ACTUALLY SfoMR OUiAZDNKER HARRIS/ 77: mm -fn*. as 35 iV §K Cv HI I vv; I a s P'J BY GARRY TRUDEAU M fii y/r: »t i 3*5 i* i 53 m a l !k s44 words
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OVERSEAS
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390 1985-01-17 5 Reuter TAIWAN yesterday arrested several of its military intelligence officials in connection with the murder of an American-Chinese journalist in California last year. A government statement did not disclose how many were being held but said a special committee had been set up to investigate theReuter - 390 words
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179 1985-01-17 5 AFP FOUR PERSONS were arrested late yesterday for poisoning food condiments at a Tokyo restaurant in an attempt to harass its owner. Japanese police said yesterday that they have also admon- ished two elementary school i boys for writing a letter toAFP - 179 words
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145 1985-01-17 5 Reuter A KIDNAPPED Indian diplomat who was later murdered was allowed to write letters pleading for his life but they were never delivered, a Birmingham court heard on Tuesday. Ravindra Mhatre, 48, an assistant commissioner at the Indian High Commission inReuter - 145 words
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292 1985-01-17 5 Reuter PEAT MARWICK, Mitchell and Co has filed claims against the Federal Deposit Insurance Corp and the Comptroller of the Currency for their part in the closing of Penn Square Bank. The move, announced by the company in New York on Tuesday, comes about aReuter - 292 words
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350 1985-01-17 5 Bernama MALAYSIAN Airline System (MAS) and British Airways (BA) officials ended their two-day working session in Kuala Lumpur yesterday without any discussion on MAS' request for a fifth weekly flight to London. A MAS official who emerged from the talks said the BA teamBernama - 350 words
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WORLD IN BRIEF
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Article70 1985-01-17 5 INDIAN scientists have plugged a leak in an atomic power station that has been out of commission for nearly three years and expect to start it again within a month. The Press Trust of India yesterday quoted the chairman of the Nuclear Power Board as saying the leak70 words
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Article65 1985-01-17 5 ETHIOPIA is still unloading relief grain Australia claims was seized while en route to Sudan for eventual transfer to rebelheld areas of the famine-hit country, Western diplomatic sources said on Tuesday. Australian Foreign Minister Bill Hayden said earlier in Canberra that the Ethiopian government would be asked why65 words
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Article78 1985-01-17 5 INDONESIA hopes that the rights of minorities, including those of Indonesian extraction, in New Caledonia will be safeguarded in preparing the islands for independence, Foreign Minister Mochtar Kusumaatmadja has said. "We are closely following the latest developments there," Mr Mochtar said. Indonesia on the one hand "of course78 words
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Article69 1985-01-17 5 A PHILIPPINE national, who was said to have used over 160 aliases in the past, has been held in the US without bond on charges of participation in a worldwide cheque cashing and credit card scheme. Ramon Alvaro Melendez, 55, indicted by a federal grand jury last May69 words
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Article66 1985-01-17 5 THE Vatican has banned an Italian journalist critical of John Paul ITs travels from riding on the Pope's airplane on his next trip to Latin America later this month. Domenico del Rio of the La Repubblica newspaper was asked to "give up" his seat on the next papal66 words
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Article67 1985-01-17 5 Agencies TWELVE countries including Malaysia will participate in the Expo International organised by the Federation of Malaysian Manufacturers to be held at Cangkat Pavilion in Kuala Lumpur beginning March 30. The countries are Austria, Canada, China, East Germany, West Germany, Italy, Pakistan, the Philippines, South Korea, Taiwan andAgencies - 67 words
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615 1985-01-17 5 Border offensive appears to be military sideshow AP VIETNAMESE FORCES, launching what is probably their most powerful offensive along the Thai-Cambodian border, have delivered stunning blows to the anti-communist resistance, but the six-year war appears to be far from over. InAP - 615 words
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Article484 1985-01-17 5 UPI CHINA yesterday said its border troops repulsed a series of Vietnamese attacks in southern Yunnan province, killing or wounding several of the invaders. Western diplomats said the clash, the first reported by China since mid-December, could signal a new round of fighting to easeUPI - 484 words
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227 1985-01-17 5 UPI PRINCE Norodom Sihanouk has called on United Nations Secretary-General Javier Perez de Cuellar to help stop the "bleeding" of the Cambodian people by Vietnam. In a letter to Mr Perez de Cuellar, Prince Sihanouk said that he personally cook) "interveneUPI - 227 words
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594 1985-01-17 6 Closed-door meeting in Washington Reuter FINANCE ministers of the five leading industrial democracies met secretly in Washington yesterday to grapple with the worrisome impact of turbulent currency markets on their economies, western monetary sources said. Planned weeks ago, the meeting was originally set upReuter - 594 words
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194 1985-01-17 6 UPI A SOVIET satellite that has changed orbit several times since its September launch may be a spy platform used to monitor US communications. Government sources in Washington said yesterday that "the satellite, identified by the Soviets only as Cosmos 1603 andUPI - 194 words
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319 1985-01-17 6 NORWAY'S decision to stop pre-fixed pricing of its oil puts the responsibility for setting North Sea levels back on Britain, and world oil prices look sure to remain volatile. Traders and economists on Tuesday said Britain, the major North Sea319 words
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Article206 1985-01-17 6 AP WORKERS in Europe and North America face "Third World working conditions" because of the "uncontrolled" introduction of new technology to their workplaces, the International Metalworkers' Federation said on Tuesday. New technology could also eliminate up to 28.8 million jobs in the United States, West GermanyAP - 206 words
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208 1985-01-17 6 Hold me close, love me tender that's all I want from you AFP AN OVERWHELMING majority of American women asked by a popular advice columnist in Chicago if they would be content to be "held close and treated tenderly" and forget about sex have said they would rather be cuddledAFP - 208 words
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ECO-NOTES
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Article102 1985-01-17 6 ISRAEL'S record-break-ing inflation slowed down sharply at the end of the year, as a result of the package deal curbing prices and wages, which was implemented in early November. Inflation in 1964 was 444.9 per cent, more than double the 190 per cent figure of 1983. In December,102 words
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Article75 1985-01-17 6 MOBIL CORP, the United States' second-largest oil company, undercut other industry giants by lowering the price it will pay for the top grade of oil in the United States to U5527.50 a barrel, a cut of $125. While that price is below the $28 to $29 range75 words
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Article89 1985-01-17 6 TAIWANESE businessmen invested U5539.26 million in projects overseas last year, up 271 per cent from 1983, the government's investment commission reported on Tuesday. The bulk of the investments $30.53 million were in the US, Taiwan's largest trading partner. This compared with $2.86 million in 1983. Indonesia, where there89 words
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Article63 1985-01-17 6 JAPAN and the United States ended on Tuesday three days of talks in Tokyo after "fundamentally" agreeing that Japan's voluntary steel export curb would last five years, NHK Television reported. The two parties had agreed at a meeting in Washington last December that Japan would curb its steel63 words
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Article50 1985-01-17 6 Agencies CLOSURE of coal mines after three cave-ins killed 270 miners last year helped push Taiwan's coal production to a 30-year low, the Economic Ministry said. Production was 2.01 million tonnes, compared with a peak of 5.08 million tonnes in 1967 and a 1983 output of 2.24 million.Agencies - 50 words
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259 1985-01-17 6 AP MORE THAN half of a panel of economists surveyed by the University of Michigan believe a recession will begin by the end of this year, said a study released on Tuesday. Of 171 members of the National Association of BusinessAP - 259 words
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373 1985-01-17 6 UPI AMERICAN Federal Reserve Board chairman Paul Volcker has said that interest rates will decline if the federal deficit is cut, but insisted that budget cuts must be sustained for at least three years to have a positive impact. Senate Finance CommitteeUPI - 373 words
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308 1985-01-17 6 UPI BELGIAN Prime Minister Wilfried Martens has insisted his nation would honour its commitment to the Nato alliance and decide on a timetable for the deployment of US cruise missiles. Martens, who gave President Reagan a commitment to allied solidarity during a meetingUPI - 308 words
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Article, Illustration166 1985-01-17 6 Reuter A BELGIAN Marxist group dedicated to fighting Nato set off a car bomb at a US army community centre on Tuesday, saying it now aimed to "kill or wound the Yankee military and their accomplices". The bomb, equal to about 20 kg ofReuter - 166 words
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Page 5 Advertisements
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Advertisement25 1985-01-17 5 m r- N V A A T 4 <*•$ 4. "V 'M the eXtraOrdinary cognac /f Ift Spirits 'OX Pas.'Paring Roao Singapore 0511 Tel *****2 r25 words
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Page 6 Advertisements
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Advertisement129 1985-01-17 6 JACK S PLACE JACK S PLACE Now you get more value for money with American beefsteaks from Jack's Place Steak House at Hotel Mhamar (Ground Floor in the Front Lobby). V 'V We offer you the best/brand in premium fed beef, specially portioned and vacuum sealed for maximum flavour protection129 words
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Advertisement343 1985-01-17 6 NOTICE l|£ UNITED OVERSEAS LAND LIMITED (INCORPORATED «\J THE REPUBLIC OF SINGAPORE) IMPORTANT NOTICE To: HOLDERS OF REGISTERED SUBSCRIPTION WARRANTS ("RSW") All terms used herein, unless otherwise defined or unless the context requires, shall bear the same meanings as defined in the RSW. The attention of Registered Holders of RSW343 words
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BANKING AND FINANCE
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225 1985-01-17 7 AFP BORROWING on international capital markets amounted to U*****.8 billion last year, against $157.8 billion in 1963, the Organisation for Economic Cooperation and Development (OECD) reported in Paris. Bond issues set a record last year when volume amounted to $111.3 billion,AFP - 225 words
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Article91 1985-01-17 7 Reuter MAJOR US BANKS have trimmed their prime lending rates to W/i per cent from 11 1 4 per cent, reflecting an easing of monetary policy hy the Federal Reserve. On Tuesday Morgan Guaranty Trust, Chemical Bank, First Chicago and Citibank followed the leadReuter - 91 words
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432 1985-01-17 7 AP STERLING staged a modest rally from record lows on Tuesday and Prime Minister Margaret Thatcher dismissed charges of government bungling in the sterling crisis. "Britain is still worth investing in," she declared. During a stormy session in Parliament, she rejected opposition demands to sackAP - 432 words
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137 1985-01-17 7 Reuter THE GOVERNOR of South Africa's Reserve Bank, Gerhard De Kock, said the bank had no intention of reintroducing foreign exchange controls on nonresidents. He was responding yesterday to speculation in New York that the reserve bank might reintroduce controls in a bid toReuter - 137 words
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417 1985-01-17 7 FT INDONESIA, one of Asia's major foreign borrowers, will borrow on the commercial market in 1985 on only a small scale and in order to keep a presence there, Dr All Wardhana, the country's Coordinating Minister for the Economy and senior economicFT - 417 words
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MONEY AND EXCHANGES
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Article601 1985-01-17 7 SINGAPORE The US dollar closed lower against major European currencies yesterday but was slightly higher against the yen, after quiet and featureless trading. The greenback closed easier at 3.1820/30 marks compared with New York's 3.1885/1900 close, at 2.6810/20 Swiss francs against 2.6865/85 and at 1.1205/15 against sterling compared601 words
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Article196 1985-01-17 7 Interbank rates at 3pm Local doHore to quoted y—1 ■cdey c nee parity c~one unit of foreign US dollar 2.1990 ***** ***** -22.01 Sterling pound 2.4617 2.4651 7.3469 •66 49 Australian dollar 1.8009 1 8029 ***** -47.47 NZ dollar 1 0322 1 0342 ***** -69.89 Canadian dollar 1196 words
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Article54 1985-01-17 7 THE Monetary Authority of Singapore has invited banks and discount houses to tender for $145 million of 91-day Treasury bills to be issued at the option of the tenderer from Jan 21 to Jan 25. Each tender must not be for less than $250,000. Last day of tender54 words
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Article297 1985-01-17 7 THE bullish opening at 90.93 for the March EaraMlar contract saw prices drifted lower to close at 90.90 yesterday. The downside gap at 90.78/90.81 may however pull prices lower to cover this gap. Market was therefore uncertain and trading was quiet for most part of the session. Currency futures297 words
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Article156 1985-01-17 7 HONGKONG The metal closed slightly higher yesterday in fairly active late trading, mainly on short-covering and local buying interest. It closed at U5J303.20/70 an ounce compared with New York's 1301.40/90 finish and the 303.00/50 close here on Tuesday. Local gold rose HKJ4.OO to close at $2,821 a tahil The156 words
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Article119 1985-01-17 7 THE OVERNIGHT rate on the Singapore interbank money market fell by 3/4point from Tuesday to close at 4-3/4 per cent yesterday. The one-month term rate remained unchanged while the two and three-months fell by 3/16-point each. S$ interbank rates at 3pm yesterday Offer Bid Overnight 4 3/4 4119 words
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Article, Illustration280 1985-01-17 7 Asian market ASIAN dollar deposit rates closed steady yesterday around opening levels in quiet afternoon trading. Periods eased between 1/16 and 1/8 points at the start following news of an unexpected 0.1 per cent fall in US December retail sales. Rates stayed at these levels with one, three and six280 words
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Page 7 Advertisements
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Advertisement177 1985-01-17 7 NOTICE OFFICIAL NOTICE PROPOSAL TO CHANGE A SHIP S NAlft Notice is hereby given that in consequence of the intended purchase of a ship by our clients, Bore Line (Singapore) Pte. Ltd., we have applied to the Director of Marine under Section 417 of the Merchant Shipping Act (Cap. 172)177 words
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Advertisement45 1985-01-17 7 Knoll Furniture 601 Sims Drive #06-10 Pan-I Warehouse Complex, ***** Telephone: 743 0891 watch our As soon as our new showroom in the city is ready, we'll let you know. All Knoll offices are now under one roof. So is our showroom for the moment.45 words
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FEATURES
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Article452 1985-01-17 8 LIKE TOURISTS, travel agents come and go. Each year, some 20 travel agencies pack up their bags in Singapore and about the same number set up shop. It is not a significant number compared with a total of more than 300 licensed travel agencies. So long452 words
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Article, Illustration1659 1985-01-17 8 IAN HARGREAVES - Oil producers are hoping for a breathing space as they prepare for a crisis meeting By IAN HARGREAVES FT SNOW in Europe in January. In newspaper terms it ranks as a classic "small earthquake in Chile few dead" story. But the beleaguered oil market would dearlyFT - 1,659 words
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Article, Illustration928 1985-01-17 8 DAVID DODWELL - There is an increasing interdependence between the two economies By DAVID DODWELL FT AS HONGKONG'S exporters come to the end of a notable year, celebrating a Ukely 35 per cent increase in the value of overall trade, one feature above all others hasFT; Source: Hongkong Trade Statistics; Brana Radovic - 928 words
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Page 8 Advertisements
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Advertisement381 1985-01-17 8 ORGANIZATIONAL RESOURCES SDN. BHD. Presents A National Conference On EXPORT OPPORTUNITIES —MEETING THE CHALLENGE OF INTERNATIONAL TRADE IN THE '80s AND BEYOND Sponsored by The Ministry of Trade Industry, Malaysia Supported by The Malaysian International Chamber of Commerce Industry. A Top-level Conference for Corporate Directors, Top Businessmen, Lawyers, Manufacturers, Consultants381 words
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Page 8 Miscellaneous
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Miscellaneous40 1985-01-17 8 Bristcw: ftaixk PickeDS I've, Hep>Ro OF TM£. uxdrld doodl«HG> r >-ua>mPinr>lSMiPS.... J hooj c>o the* JoDG€.TMer r >? VPvßi€.Tvf OF fWT€J?N?STyi£> N€j=TTNebSP \StAT »T OBVIOUS? THFfT'S LOHV f\ post e>ov THE-V TRKC DOODUE-.SWSOHTCN »T OUT PyND m£ftSo«E. IT eMD TO 6NO40 words
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SPORTS
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Article, Illustration634 1985-01-17 9 WALTON MORAIS - By WALTON MORAIS AS TRAINING tapers off just before tomorrow's Davis Cup Eastern zone first round tie against Hongkong, the men in charge of the Singapore squad are concentrating on only one area: the players' minds. After working on all the other634 words
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Article, Illustration714 1985-01-17 9 Miami Dolphins meet San Francisco this Sunday AP AMERICAN FOOTBALL coach Bill Walsh of San Pfrancisco believes that, with jbffertces like his own 49ers' and Rami's, it'll take about four touchdowns to win the Super Bowl. Don Shula, his counterpart with the Dolphins, doesn'tAP - 714 words
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Article104 1985-01-17 9 Reuter SOUTH AFRICAN-BORN Briton Zola Budd competes in a 10,000 metres road race in Phoenix, Arizona, on March 2, the promoter said on Tuesday in New York. It will be her first appearance in the United States since her controversial clash with Mary Decker atReuter - 104 words
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Article, Illustration276 1985-01-17 9 AP CRIMINAL CHARGES have not yet been filed against US Olympic hurdling hero Edwin Moses and the case is still under investigation, deputy city attorney Mike Wilkinson said on Tuesday in Los Angeles. "As of now, the case is still being investigated for filing", andAP - 276 words
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184 1985-01-17 9 AFP TOLEMAN, the British Formula One motor racing team, unveiled its new car in London on Tuesday, but the bad weather is likely to delay driver Stefan Johansson's chance of getting acquainted with it. "We had Silverstone booked for practice two daysAFP - 184 words
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Page 9 Advertisements
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Advertisement13 1985-01-17 9 COMPUTER-ASIA THE MAGAZINE OF BUSINESS COMPUTING COMMUNICATIONS AVAILABLE at LEADING BOOKSHOPS and NEWSSTANDS13 words
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Page 9 Miscellaneous
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Miscellaneous1176 1985-01-17 9 I w m mm HIGHLIGHTS Cosmopolitan Theatre Concealed Enemies Part 1: Suspicion 8.55 pm, Channel 12 A four-part mini series which recreates the controversial trial in 1949 of Alger Hiss, an American public official who was accused by Whittaker Chambers, a former communist spy, of being a member of a1,176 words
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Miscellaneous617 1985-01-17 9 CRYPTIC PUZZLE ACROSS 1 A group in love? (6) 7 Keep bock the remainder of the bad weather (3) 8 The riding gome (4) 10 Fruit grown right in the wide open spaces? (6) 11 Go on the wind (6) 14 Animol of a type to keep (3) 16 Yarns617 words
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INTERNATIONAL STOCKS
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285 1985-01-17 10 Reuter CITICORP has attributed a 30 per cent rise in fourth-quarter net earnings to strong performances in domestic corporate and consumer businesses, investment banking and trading, as well as services for financial institutions worldwide. The largest bank holding company in the US earnedReuter - 285 words
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Article174 1985-01-17 10 Reuter THE NEW YORK Stock 1 Exchange (NYSE) is hold- ing talks with the Pacific J Stock Exchange (PSE) on a possible joint venture, 1 which could include the merger of the two ex- 1 changes. The discussions, which j coincide with similar talks between theReuter - 174 words
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311 1985-01-17 10 Reuter WALL STREET closed mixed in heavy trading on Tuesday as investors used conflicting signals from the economy as an excuse for taking profits earned on Monday in blue chips. The Dow Jones Industrial Average shed 3.75 to 1230.79, but advancing issues ledReuter - 311 words
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Article140 1985-01-17 10 JAN IS AMibi c$ 33 Imp Od kneo 40* 16% •M unch Alcon 38* Int JVov Pip# Int Uts 22* 26 h Intt Nkkel 15V> Bonk Novo Scoho 34 h Lobtow B 18* 1 1 25* Mossey Ferg 3* unch 30* Mc Bkxlet 27* 30 Molson A 16* Moore140 words
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Article202 1985-01-17 10 JAN 15 Rand Trust Bk 210 105 3 INDUSTRIALS A Alpha 900 Ab«fcom 115 At AnA <~t 7506 unch urich Urw«c Woolworth 450 1375 MININGS 2525 -10 unch 50 Amo 310 ***** 500 ArML 2400 1850 60 1045 25 Buff eh 7450 175 2175 35 490 10 CNA 200202 words
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Article692 1985-01-17 10 JAN 15 us$ ACF Industrie* Aicon AKjrrart Alcoa Alegheny Lud AIM Chem Cp Abed Storm Afc-Chalmers Am Broods he Am Broodcost Am Can Co Am Cyanamd Am Elec Pwr Am Express Am Home Prod Am Motors Cp Am Natural Gas Am Tel Tel Ama> Inc Amerodo Hess AMF692 words
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Article853 1985-01-17 10 Amsterdam JAN IS Fh A.BN 380 00 6 160 50 4-3 Ahotd 205 50 25 Akzo 101 00 18 AMf V 228 50 4 8 72 40 14 39 00 -2 Boh ***** 1 308 00 8 Botha Burtet 81 50 +0 7 Cotond 32 50 03 Catv853 words
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Article34 1985-01-17 10 FT BP AUSTRALIA said it would put subsidiary Seltrust Holdings into voluntary liquidation if minority shareholders fail to approve the planned revamping of Seltrust at Tuesday's general meeting. FT Stockholm pricos unavailableFT - 34 words
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Page 10 Advertisements
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Advertisement443 1985-01-17 10 v ii WS)ere id wtae, iiae a«kl entertain if £f% Enjoy Our Prompt Efficient Service In Cool, Quiet Cosy Atmosphere WESTERN/ CHINESE/ local cuisine Banquets Cater For Lunch Dinner Meetings Wedding Occasions, Birthday Parties At 16/- Onwards Per Person or Other Occasion With Function Rooms (Free of Charge) For 60443 words
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Advertisement143 1985-01-17 10 London stocks, page 15 V m iMMSp Sip a glass of the world's finest wine, while you relax in the cosy ambience of The Lounge. Make your nights memorable with versatile quartet Body n Soul from Philippines. They'll captivate youl lllappy Itomrm Spa 7pai. 25* ottom aK driaks. Ample parking143 words
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ASIAN STOCKS
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Article376 1985-01-17 11 HONGKONG: Share prices closed firmer yesterday, supported by active institutional buying. The Hang Seng Index ended the half-day session 27.81 higher at 1,358.81. Turnover was HKJ309.05 million compared with $423.98 million in Tuesday's fullday session. Cheung Kong led the property issues to close 90 cents higher at $13.80. HK376 words
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Article263 1985-01-17 11 JAN 16 NT Chem Indus 18.10 12.15 0 1 0 2 Al Sincere Indus 6 30 25 40 +0.05 0 1 Nan Ya Ptas Pocrhc Cons 30 60 25 90 0 5 0.4 Cathay Cons 28 90 0 6 Pacific Elect Wire Paolung Paper Sharp Shihkn Poper Taiwan Agn263 words
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Article391 1985-01-17 11 TOKYO: Share prices rose sharply yesterday and drove the market average to a record high 11,933.02 at the close in active trading on bullish sentiment carried over from last week's three consecutive record high closings. International populars and broad-based speculatives led the rally, helped by generally firm foreign markets.391 words
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Article101 1985-01-17 11 MANILA: Share prices closed generally firmer in quiet trading yesterday. The Commercial and Industrial Index was up 2.07 to 102.73, the Mining Index firmed 4.19 to 701.87, and the Oils Index was unchanged at 0.556. JAN 16 Oriental B 0 0095 unch PtW Overseas 0 0065 unch 0 001A101 words
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Article360 1985-01-17 11 SYDNEY: Share markets closed mixed yesterday with resource issues under pressure but with industrial stocks finding good underlying support. The All Ordinaries Index eased 0.4 to 734.4 and the All Resources Index 1.9 to 448.2 while the All Industrials Index rose 1.8 to 1107.9. National turnover totalled 29.92 million360 words
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Article139 1985-01-17 11 BANGKOK: Share prices closed higher in quiet trading yesterday. The Book Club Index rose 0.38 to 126.72 and gainers led losers by a margin of more than a seven-to-one. Turnover was 225,721 shares compared with Tuesday's 282,204. JAN 14 Bahts +fS«om City 521 -53 Cement ***** 10 Asto Fibre139 words
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Article67 1985-01-17 11 Jon 16 Won 649 +6 Hyundoi Corot Hyundai Motor K A L 863 641 545 -2 -7 631 -4 714 -11 695 -4 1877 47 527 395 5 549 9 Lucky Ltd 745 5 645 5 829 45 605 -5 814 -II 703 >*Kh 1360 80 Hani 0k 70267 words
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Article66 1985-01-17 11 Reuter CANON INC plans to expand its wholly-owned subsidiary, Canon Bretagne SA in Lissre, Western France, making it the company's European office equipment production centre in 1988. A Canon spokesman said this is to avoid trade friction. The expansion will start this year when theReuter - 66 words
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Article493 1985-01-17 11 UPI A PHILIPPINE electronics company has denied any wrongdoing in using a US$25 million government-backed foreign loan to invest in California's Silicon Valley. It welcomed an investigation into alleged anomalies. In a statement three days after President Marcos ordered the Justice Ministry to investigate, Asian ReliabilityUPI - 493 words
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70 1985-01-17 11 THE LUCKY-GOLDSTAR group has opened a US$36 million research and development complex with emphasis on semiconductors, computers and optic fibre communications. In a ceremony at Anyang just south of Seoul, the conglomerate said the complex, completed in 15 months and comprising three buildings, has a70 words
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Page 11 Advertisements
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Advertisement442 1985-01-17 11 If music be the food of lo\e. we have both at iThe BEEFEATER 1 iwIM e ii Where the music is decidedly nostalgic and the food is unbelievably English. It's the most original pub, this side of London. You'll like it, even if you're not a Londoner. 05-03 Liat Towers.442 words
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Advertisement112 1985-01-17 11 Buffet Luncheon Show Every Thursday I DC LUXE Ode 17th January 1985 Mo*tod by CAM* MOOa ABBCV Price: $16++ Sponsored by UUM Buffet Lunch 12 noon N eSCAR DC LUXE J<*k»K Show Tune: 115 pm Sportswear By WSSSNOC Han By MSaOM HAM SALON For reservations please call 734 6622 ext112 words
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RAW MATERIALS
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280 1985-01-17 12 Bernama A GROWING FEELING has emerged within the Malaysian tin industry that a review of the International Tin Council's (ITC) operations is urgently needed to avoid a further deterioration of the industry, according to a local tin company. Petaling Tin Bhd expressed disappointment thatBernama - 280 words
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215 1985-01-17 12 AFP PRTI .IPPHTNK geld production far the first nine months of 1984 fell by 3 per cent compared with the same period in 1983, the Philippine Chamber of Mines said on Tuesday. Figures from the government's Bureau of Mines in 1184,AFP - 215 words
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207 1985-01-17 12 UPI THE US Agriculture Department has raised its estimate of the 1984-85 world coffee crop by one per cent to 93.6 million bags. Favourable early season growing conditions were responsible for the revision, the department's Foreign Agricultural Service said on Tuesday. If the newUPI - 207 words
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215 1985-01-17 12 AP A 14.6' PER CENT increase in world cocoa production was forecast on Tuesday by the International Cocoa Organisation for the 1984-85 season, ending Sep 30. The total for the period was put at 1.725 million tonnes. The organisation said consumption was expectedAP - 215 words
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179 1985-01-17 12 Reuter THE Bangladeshi government is concerned about the high world prices for jute, competition from cheaper synthetics and the sharp fall in jute production after floods last year destroyed one million bales, Jute Minister Korban Ali said. He told a jute committee that Bangladesh cutReuter - 179 words
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Article197 1985-01-17 12 WHEAT futures on the Chicago Board of Trade closed near the highs on Tuesday, up 3'/i to I'/« US cents per bushel in moderately light trade. March settled at 353 V« cents after posting a three-cent range on the day. Expectations of a further tightening of available supplies through197 words
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Article179 1985-01-17 12 SOYBEAN futures on the Chicago Board of Trade closed near the highs in old crop on Tuesday, up s'/i cents to Vj US cent per bushel in light trade. March settled at 594'/« cents after posting a 4V«cent range on the day. A larger-than-expected weekly export loading figure and179 words
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Article89 1985-01-17 12 TIN held at the International Tin Agreement fleer-level of M 529.15 per kg yesterday en a continuing shortage of demand. Turnover fell to 175 tonnes from 241 tonnes on Tuesday with the buffer stoek manager again absorbing the balk of the disposals. Dealers detected about 2t per cent89 words
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Article252 1985-01-17 12 SINGAPORE The market closed lower yesterday with February One RSS buyers quoted at 174.25 cents per kg, down 0.75 cent from Tuesday. The morning session lost one cent on lack of buying interest in quiet trading. Prices held steady in early afternoon trading but rose marginally towards the close252 words
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Article337 1985-01-17 12 RAS prices (in S cents/kilo, FOB in bales) NOON CLOSE Buyers Sellers Buyers Sellers Int 1 RSS Prompt 169 50 170 50 170.25 171 25N Int 1 RSS Feb 85 173 50 ***** 174 25 174.75 Int 1 RSS Mar 85 ***** 174 00 174.25 174 75337 words
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Article107 1985-01-17 12 (c««ti/Vg, 1-to< poHets) February 85 March 85 (current m*h) (forward mth) NOON NOON RAS Buyers SeWen Buyers Sellers SSR 20 167 00 169.OON 169 00 171 OON SSR50 165 00 167 OON 167 00 169 OON MRELB Buy«n Sellers Buyers Sellers SMR CV 194 00 196.OON 196107 words
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Article157 1985-01-17 12 Yarn (In HK$ per bole of 400 lb) China carded yarn, cones Blue Phoenix 16'$ 2,950 Blue Phoenix 20's 3,050 Blue Phoenix 32's 3,650 Blue Phoenix 40's 3,900 Carded yarn, hank Blue Phoenix 21's 3,300 Combed yarn, cones Blue Phoenix 32's 4,600 Blue Phoenix 40's 4,800 Open-end yarn 2,650157 words
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79 1985-01-17 12 Reuter THE Tokyo Commodity Exchange for Industry (Tocom) said it has decided to allow two Singapore rubber brokers to become associate members of its rubber section, subject to formal board approval. The two are Green Collier Pte Ltd and Holiday, Cutler, Bath CoReuter - 79 words
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Article944 1985-01-17 12 COFFEE Robusta futures ended £22 a tonne higher to unchanged on Tuesday, with movements largely determined by currency factors. March ended at £347, up £9 but below a new contract high of £2,354. The market about matched expected New York based gains at the opening and found support944 words
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Article150 1985-01-17 12 Chinese Produce Exchsnge (Sellers' noon closing prices on ion 16. SS/UX) kg) Coconut oil Bulk FOB 180 00 OW drum FOB 193 00 New drum FOB 197 00 Copra Mixed (loose) 95.00 buyers Pepper Muntok white FOB NLW 700.00 Sorawok white FOB foq NLW 690 00 «Sarawak speciol150 words
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Article280 1985-01-17 12 Singapore A-l special C-l special C-l Ordinary 187 (SS/kito, cx-^odown) unq unq Thai white Loonzam 100% 100% 1st class frst grade SI (kangaroo) 100% second grade new crop 0.96 100% third grode unq 100% 2nd class 100% 3rd class 0.70 0.65 Parboiled 237 25% new crop No stock 5%280 words
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Article153 1985-01-17 12 THE MALAYSIAN crude palm oil prices closed lower yesterday on further selling and reserve of buyers in thin trading with lack of overseas interest also dampening sentiment. January deliveries in the central, south and north regions fell Mslo, *7.50 and $5 respectively to $1,170 per tonne. February in153 words
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Page 12 Advertisements
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Advertisement153 1985-01-17 12 AVOID THE EMBARRASSING FAUX PAS, AND HAVE THE LAST WORD ON THE a Turkish BUSINESS DEAL bath, As the Japanese system of management infiltrates nlaoea our business firms and companies, and Japanese P***** investment is ostensible everywhere, a competent grasp of the Japanese language, with its troublesome near-synonyms, becomes an153 words
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SHARE INFORMATION
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Article, Illustration4140 1985-01-17 13 MOST CONSTRUCTIONbased counters regained some of their lost ground yesterday in spite of an easier Singapore stock market. The BT Composite Index fell 4.97 points to 673.36 while the Straits Times Industrial Index lost 5.78 points to 764.38. Volume was very thin at 6.324,140 words
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Article246 1985-01-17 13 SINGAPORE Ri* M Indices Mtion Falh 190 QAf Ltd 40« 119 Lot Kim Tab 50« 114 TOM 298 NST 715 0 8 S 520 Aacol 2S< 220 Lwa Chang 50c 99to Rises Not Iron 290 O C C 860 Sao View 210 ICR 505 HUM M 320246 words
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487 1985-01-17 13 SHARE prices continued to decline on the Kuala Lumpur stock market yesterday in quiet trading. Situational issues still hogged the limelight and some counters went against the general trend to register slight gains. The market opened at overnight levels and thereafter drifted lower in487 words
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Article2942 1985-01-17 13 BID and offer prices officially I listed and business in and re- I ported to the Stock Exchange of Singapore yesterday with the number of shares traded shown In brackets in lots of 1,000 units unless otherwise specified. All Time SetUement Contracts are quoted after2,942 words
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Page 13 Advertisements
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COMPANY NEWS
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672 1985-01-17 14 Singapore partner is Chee Tat Holdings QUARRYING and property development group Granite Industries Bhd expects to rake in a net sum of MJ14.38 million from its public issue of 30.36 million shares of 50 cents each at par. In its prospectus, Granite672 words
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Article161 1985-01-17 14 THE US$l.5 billion Ok Tedi gold and copper mine in Papua New Guinea could be shut down by the government next month as a result of long-standing problems over construction of a permanent tailings dam. The mine, which started gold production in mid-1964, is161 words
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572 1985-01-17 14 Reuter THE UK GOVERNMENT plans to sell its 48.4 per cent stake in British Aerospace PLC in the spring or early summer, subject to satisfactory market conditions. Trade and Industry Secretary Norman Tebbit told Parliament that the company plans to make anReuter - 572 words
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Article199 1985-01-17 14 Managers' prices Second B'putro 4.79 4.84 Third B'putro 3.94 3.99 Fourth B'putro 4.30 4.35 for Jan 17 Singapore Unit Trust Fifth B'putro 2.94 2.99 Sixth B'putro 2.84 2.89 The Commerce 2.21 2.35 Seventh B'putro (A) 1.99 2.04 The Savings Fund 1.55 1.64 Seventh B'putro (B) 3.77 3.82 S'pore199 words
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Article96 1985-01-17 14 HONGKONG Tuesday 1106.1 Week ago 1078.8 Hang Seng Index Wednesday 1358.81 NEW YORK Tuesday 1331.00 Week ago 1269 95 Dow Jones Tuesday 1230.79 TOKYO Monday 1234.54 Tokyo Dow Jones Week ago 1191.70 Wednesday *****.02* Standard and Poors Tuesday Closed Tuesday 170.81 Week ago *****.57 Monday 170.51 TSE Index96 words
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Article565 1985-01-17 14 Currant Ex Books Dot* Totol for Totol for poyment dot* dos* poyobt* Ht* y*or previous y* AISB 15%(b) NYA NYA NYA 15% 15% AmolStMl 8%TE(b) Dec 4 Dec 14 NYA 8%TE 4.1%TE Aokom 18% Dec 4 Dec 14 Jon 31 28% 26% Ayer Hitom Tin 80% Dec 4565 words
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484 1985-01-17 14 WEARNE BROTHERS Ltd, a member of the OCBC group, has been busy redeploying its cash on diversification and investment programmes. For the last financial year, capital expenditure was raised from $5.66 million to $18.6 million while the spending on investment soared from $14.8484 words
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Article148 1985-01-17 14 Bernama idris "Hydraulics (Malaysia) Bhd has received the goahead fw its proposed acquisition of Syarikat Permodalan dan Perusahaan Perak Bhd (SPPPB). The Foreign Investment Committee has approved its proposal to acquire 61.8 per cent of the issued and paid-up capital of SPPPB and the subsequent general offerBernama - 148 words
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Article1976 1985-01-17 14 BID and offer prices officially listed and business In and reported to the Kuala Lumpur Stock Exchange yesterday, with the number of shares traded shown In brackets In lots of 1,000 units unless otherwise specified INDUSTRIALS A Oioc (2.845) (2) 2.80 AISB (4 OOS) (I)1,976 words
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Article123 1985-01-17 14 PET AUNG TIN Berhad: 59th AGM at 1st Floor, Sraits Trading Building, 48, Leboh Pasar Besar, Kuala Lumpur on Jan 25 at 3.00pm. UNITED Malayaa Flour Mllla Berhad: AGM at Conference Room of Hotel Merlin, 25-A, Farquhar Street, Penang on Jan 26 at 12.00 noon. MALAYAN Breweries Limited:123 words
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351 1985-01-17 14 FORMER BMF chairman Lorrain Esme Osman has stepped down from the board of George Town Holdings Bhd in which he controls a 47.5 per cent stake through New Hibernia Securities Sdn Bhd. His resignation, effective from Jan 9, was announced by George Town's board351 words
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Article, Illustration673 1985-01-17 15 m mm»» HOCK LOCK SIEW THE ATTRACTION publiclylisted companies find in the credit and charge card business is really easy to understand. It is one of the few segments in the lucrative finance market that has yet to reach its maximum potential, and the prospectsHOCK LOCK SIEW - 673 words
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457 1985-01-17 15 AMY CHEOK - By AMY CHEOK THE PLANTATION arm of Datuk Yap Yong Seong's group of companies, TDM Bhd, has made two major acquisitions for a total of Msl2 million cash. In the first purchase, TDM will pay $9.5 million cash for Mengkuang Estate belonging457 words
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Article491 1985-01-17 15 A LEADER in the local soft drinks industry, Yeo Hiap Seng Ltd, has reported one of its worst sets of full-year results in about seven years. Reflecting the tough trading conditions, group profits for the year to end-September 1964 plunged 67 per cent to $4.23 million491 words
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648 1985-01-17 15 NAJEEB JARHOM - By NAJEEB JARHOM MARKET TALKS of a link-up between United Overseas Land Ltd and Malayan United Manufacturing Bhd have been given credence following two major developments yesterday. UOL, the property arm of the United Overseas Bank group, disclosed that Pembangunan Taman Baru648 words
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679 1985-01-17 15 LORETTA McLAUGHLAN - By LORETTA McLAUGHLAN PEGI MALAYSIA Bhd, the largest single shareholder in Dunlop Holdings PLC and long-time suite»: of all or part of the UK-based group, may acquire some of Dunlop's assets in Malaysia yet. In November, the debtcrippled Dunlop Holdings announced that679 words
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Article916 1985-01-17 15 SHARE prices were marked up a few pence at the outset yesterday, and dealers expect Tuesday's recovery to continue, market sources said. At 10.30am, the FT-SE 100 share index rose 9 points to 1242.2. INDUSTRIALS Jon 15 Ponce ABed-Lyons A*> Darin BTR PLC Babcocks Barclays Beechams ■cc Bkje916 words
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Article135 1985-01-17 15 EXTENSION of the delivery period for ready deals to two weeks will begin next Monday. The Jan 21 launch of the proposal, decided on by the Kuala Lumpur Stock Exchange Committee last week, was confirmed in a circular to stockbrokers. However, no details were135 words
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Page 14 Advertisements
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Advertisement55 1985-01-17 14 'ir'V: Ji*' 0 Jockey Chris Englund, five times Derby winner, is confident of his sixth and greatest win with the promising thorough bred, Knidos But someone has 1 determined with deadly finality that Knidos isn'tgoing to win someone with millions to spend and millions more to gain AvaUabh at at55 words
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Page 15 Advertisements
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Advertisement260 1985-01-17 15 ft* YEO HIAP SENG LIMITED (Incorporated in the Republic of Singapore) ANNOUNCEMENT The Director* are pliwd to make the following announcement* 1. AUDITED RESULTS FOR THE YEAR ENDED 30 SEPTEMBER I*4. Company IM3 Group Company Change Group Company Turnover Operating Profit Dividend* Received and Share of Profit* in Associated Company260 words
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527 1985-01-17 16 AMY BALAN - By AMY BALAN AFTER MONTHS of delay, Singapore's first electronicfun ds -1 ran s f e r-at-point-of-sale (EFTPOS) system looks like it is going into full steam. The project team comprising the top five local banks has asked IBM, NCR and Nixdorf to submit their proposals527 words
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Article, Illustration59 1985-01-17 16 SHIGERU Takemura, a worker in the research and development division off Juraku Co, a leading textile company in Kyoto, western Japan, inputing a kimono pattern into what the company claims to be Japan's first computerised design system. The pattern is then transferred to keypunch cardsAP Photo - 59 words
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323 1985-01-17 16 LUCY NG - By LUCY NG PLAGUED by falling membership, trade unions in Singapore will be making a concerted effort to arrest the trend. Leaders of affiliated unions, The Singaporean reports, want the National Trades Union Congress the parent body of the affiliated unions to323 words
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272 1985-01-17 16 Bernama MALAYSIA'S Deputy Finance Minister Datuk Sabaruddin Chik yesterday hit out at property developers for pricing themselves out of the market, which has been described as sluggish, static and dull at the moment. He said they had "killed the goose that laid the goldenBernama - 272 words
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275 1985-01-17 16 BANK Bumiputra Malaysia Bhd (BBMB) has initiated court action against former Bumiputra Malaysia Finance (BMF) chairman, Lorrain Esme Osman, for alleged wrongdoings in connection with BMF loans in Hongkong. It is understood that two applications have been filed with the commercial divison275 words
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Article105 1985-01-17 16 THE JAPANESE Minister for International Trade and Industry, Mr Keijiro Murata, arrives this evening to discuss cooperation in trade, investment and other economic fields. He will meet the Minister for Finance, Dr Tony Tan, tomorrow morning for discussions before calling on the Minister for Trade and105 words
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264 1985-01-17 16 LOH HUI YIN - By LOH HUI YIN SINGAPORE AIRLINES Terminal Services will be giving management assistance to the new Cengkareng international airport in JakartaThis follows an agreement in principle between Singapore Airport Terminal Services (Sats) and Jasa Angkasa Semesta, the company which will operate the264 words
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214 1985-01-17 16 A SRI LANKAN team will be in Singapore from Jan 24 to 25 for preliminary discussions with government officials to re-start negotiations for a new air services agreement. General DS Attygalle, Secretary at the Ministry of Defence, Sri Lanka, said214 words
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Article74 1985-01-17 16 Reuter THE Sultan of Brunei has bought London's Dorchester Hotel for well in excess of £40 million. The sultan, who keeps a permanent suite in the exclusive Park Lane hotel, was outbid for the property last year and has made several attempts to buy it since. AReuter - 74 words
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LATE FILE
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Article64 1985-01-17 16 Reuter BANK OF AMERICA, a large employer in Hongkong, said yesterday it bad laid off 6 per cent of its local staff of 1,250 in a move to cut rising costs. A bank spokesman said 80 management and clerical jobs were being cut asReuter - 64 words
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Article51 1985-01-17 16 AP CHINA exported a record 28 million tonnes of petroleum products in 1984 despite the world oil glut, the official Xinhua news agency reported yesterday. It said Chinese oil exports last year rose 40 per cent from 1983 and earned one-quarter of China's export-generated foreign exchange.AP - 51 words
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Article45 1985-01-17 16 Reuter BRITISH politicians have rejected a proposal to allow the British Broadcasting Corporation to raise revenue through advertising. The House of Commons voted 159 to 118 on Tuesday night against the controversial biT proposed by opposition Labour parliamentarian Joe Ashton. ReuterReuter - 45 words
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Article39 1985-01-17 16 Reuter THE Soviet Union launched six satellites from one payload rocket yesterday, Tass news agency reported. It said the satellites, Cosmos 1617 to 1622, were intended to study outer space but did not elaborate. ReuterReuter - 39 words
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Article34 1985-01-17 16 INDIAN troops have killed about 50 Pakistani soldiers over the past six months in the disputed Siachin glacier region of north-east Kashmir, an Indian general was quoted as saying yesterday.34 words
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Article52 1985-01-17 16 AFP ANNUAL Japan-Soviet consultations, which were suspended four years ago, are to resume here next week, the Japanese Foreign Ministry announced yesterday. Foreign Minister Shintaro abe told his Soviet counterpart Andrei Gromyko that Japan was ready to resume bilateral consultations in September during the UN generalAFP - 52 words
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Page 16 Advertisements
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Advertisement108 1985-01-17 16 BIOTONIC CAPSULES A Tonic for Vigour and Vitality! V/7i 1 z. 3 J ;>^3 SKI i fin it' t W2 X 1 m rs < «C e <v It certainly has many of the important health-promoting ingredients all 32 of them including GINSENG, BEE POLLEN, VITAMINS AND MINERALS, AMINO ACIDS,108 words
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Advertisement6 1985-01-17 16 Lorrain leaves George Town, Page 146 words
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Advertisement313 1985-01-17 16 Effective Presentation Skills Singapore, March 6-8,1985 Objective v The purpose of this seminar is to assist senior and middle managers to design briefings and other informational presentations. Participants will identify needs and develop skills in analyzing audiences, design material and audio visual for specific audiences, and enhance personal presentation skills.313 words
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Page 16 Miscellaneous
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Miscellaneous50 1985-01-17 16 warnm Outlook for today: Fair and windy. Report for 24 hours prior to 7 30pm on Jon 16 ot th« airport Maximum temperature 31.8 Associated humidity 58 Minimum temperature 22.9 Associated humidity 92 Hours of sunshine 10.90 Rainfall in millimetres Nil Rainfall this month 37.4 Rainy days this month 450 words
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