The Business Times, 9 November 1985
1985-11-09
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The Business Times
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Title Section12 1985-11-09 1 BUSINESS TIMES M.C. (P) No. 99/1/85 SATURDAY, NOVEMBER t, 1985 75 CENTS12 words
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424 1985-11-09 1 LEE HAN SHIH - By LEE HAN SHIH THE ENTREPRENEURIAL spirit is alive and kicking in Singapore, but the Housing and Development Board is not necessarily impressed. Such is the HDB's irritation at two enterprising families which almost "stung" its tender system that it is taking424 words
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Article, Illustration315 1985-11-09 1 IF SINGAPOREANS want more pay, they will just have to work more effectively to close the gap between wage increases and productivity gains. "This has got to be done," the Prime Minister said when he launched Productivity Month yesterday. "When our productivity increases catch315 words
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Article172 1985-11-09 1 THE National Productivity Board (NPB) is to step up its management training programmes so that by 1987, up to 15,000 managers and supervisors can be trained and retrained each year. Since 1962, the NPB has provided training for more than 24,600 managers and supervisors. Because172 words
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139 1985-11-09 1 UPI NEGOTIATIONS lasted all day and almost broke down on Thursday night, but the US Senate finally reached agreement, thus clearing the way (or almost certain passage of a bill to curb textile imports. But the legislation (aces veto by President Reagan. The agreementUPI - 139 words
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373 1985-11-09 1 CONFUSION GRIPPED Tokyo's foreign exchange market yesterday as the US dollar fought back against the yen and dealers struggled to make sen» of apparently conflicting views from American and Japanese monetary officials. "I don't think even the foreign exchange traders know where the yen373 words
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Article287 1985-11-09 1 MR FRANCIS SIAH and Panther's shareholders have found new provisional liquidators for their applications to replace Deloitte, Haskins and Sells. Mr John Sam, Mr Roland Ma, Mr Harry Tan and Mr Seet Qee Leong have consented to replace Deloitte should the latter be ousted as provisional287 words
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Article, Illustration73 1985-11-09 1 THURSDAY'S rally failed to carry tkrM|h yesterday. Altheagk there was spirited bnylag to first hear ef trading, sailers —ipi te take prcflto ahead of Singapore Mae ehlps eaee agala attracted Strang baying beta (rem leeal aad foreign fawttTbe BT CimpMlte Index fell I.M palate te tll.W while the73 words
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323 1985-11-09 1 AFP A GROUP OF ECONOMISTS will gather in the eastern city of Surabaya in January to argue that the Indonesian government should shift the emphasis of its development plans towards heavier reliance on plantations rather than solely on industrialisation. The announcement of the controversialAFP - 323 words
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126 1985-11-09 1 AFP THE TAIWANESE government will lower business and personal income tax in a bid to stimulate investment and to help businessmen over the recession. An official of the Taipei Finance Ministry said that in revised legislation drafted by the Finance Ministry, businessAFP - 126 words
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116 1985-11-09 1 Bernama TIN MINERS in Perak, Malaysia's tin mining belt, will hold an emergency meeting in Ipoh today to find ways to mitigate their hardship as hopes to bring an early end to the current international tin crisis appear to be fading. TheBernama - 116 words
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Page 1 Advertisements
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Advertisement229 1985-11-09 1 E N E X A S I A mm ELECTBIC- ASIA 86 S E Asia s 6th International Exhibition of Electrical Engineering,lnstrumentation, Controls.Fittings and Accessories 21 25 October 1986 World Trade Centre, Singapore INTERFAMA EXHIBITIONS PTE LTD Parkway Builders Centre *10 03 06 1 Marine Parade Central Singapore 1544 Tel229 words
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Advertisement8 1985-11-09 1 Timaa Organisation Survay on Productivity Attitudfi, Back Paga8 words
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Advertisement279 1985-11-09 1 \mm BHARE INFORMATION 1 MONEY ft EXCHANGES RAW MATERIALS SHIPS IN PORT OUR VIEW FOR MILLENIA, nature has efficiently disposed of the planet's garbage. She developed scavengers to clean up the mess but Man then invented materials which did not rot ond ot which even the hyenas and vultures turned279 words
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Advertisement255 1985-11-09 1 ENEX• A S I At aSti asia jgjyg ELECTRONICS B6 S E Asia's 6th International Exhibition of Electronic Components, Assemblies. System Packaging and Production Technology 21-25 October 1986 World Trade Centre, Singapore ENTERFAMA EXHIBITIONS PTE LTD Parkway Builders Centre# 10 03 06 1 Marine Parade Central Singapore 1544 Tel *****00255 words
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HOME NEWS
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524 1985-11-09 2 LEE HAN SHIH - By LEE HAN SHIH THE HOUSING and Development Board will offer interestfree loans next year to help its cleaning contractors mechanise their operations. This will enable the more than 30 contractors who now employ between 5,000 and 6,000 people to cut down their524 words
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366 1985-11-09 2 MANAGING DIRECTOR Henry Foo's eleventh-hour attempt to save Shangri-La Furnishings from being wound up by calling a creditors' meeting on Wednesday failed in the High Court yesterday. On Friday last, the court gave creditors a week to decide whether they wanted to press on366 words
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242 1985-11-09 2 OBTAINING information on land is to be speeded up by the Ministry of Law plans to computerise the Land Office, Registry of Titles and the Survey Department. Speaking at the fourth annual dinner and dance of the Singapore Institute of Surveyors and Valuers242 words
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166 1985-11-09 2 PARENTS of about 10.000 pupils will be encouraged to pay school fees and miscellaneous payments through a pilot Giro scheme starting next year. The Ministry of Education has selected eight schools for the pilot project and more will be included if the scheme166 words
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191 1985-11-09 2 INTEGRATED INFORMATION Pte Ltd, which is owned by Telecoms, has been appointed the sole regional distributor (or a range of database services created by Finsbury Data Services Ltd of Britain. The agreement gives Integrated Information the exclusive right to market Finbury's database packages, including191 words
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311 1985-11-09 2 PROFESSIONALS, managers and executives are at the head of the queues of bargain-hunters at salestime, according to Survey Research Singapore (SRS). Close behind them are other white-collar workers such as clerks and secretaries, SRS's latest media index survey shows. Blue-collar workers, especially the311 words
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Article, Illustration382 1985-11-09 2 JEFFREY TBANG - By JEFFREY TBANG AFTER YEARS of setting its own standards, Hewlett Packard has finally recognised the power of IBM and fallen into line with the industry's leader. Its Vectra PC which was launched yesterday is the first of its computer products which the company designed382 words
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Article890 1985-11-09 2 VmmI Berth Arrival Departure Golden Pearl M2B 09 lJ/0800 11.11/2300 Hong Shen M4B 09 11/0500 09.11/1500 KEPPEL WHARVES K25E alongside 09.11/0600 Hong Woon M3 09.11/0700 09.11/1830 Roiah Brooke Kota Jowa M2A 09.il/1000 09 11/2300 Sena K25W alongside 09.11/1800 Mulia Jaya MIA 09.11/0700 09 11/1200 Str Venture K24E890 words
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Page 2 Advertisements
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Advertisement191 1985-11-09 2 Occasionally,. EotMKjmist believes a thousand words is worth one picture. But don't expect it to be large, glossy and in full colour. The Economist believes that thoughtful, objective analysis in words can better assess a current topic. The photo shown here was used to illustrate an article on China as191 words
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OVERSEAS
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302 1985-11-09 3 UPI PRODUCTION WORKERS in East Asia experienced the largest gains in what their wages will buy during the last decade among workers worldwide. A Conference Board report on global inflation, released in New York on Thursday, compared the hourly compensation in manufacturingUPI - 302 words
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233 1985-11-09 3 AP HONGKONG'S ability to contribute significantly to China's modernisation depends on its remaining a successful autonomous commercial, industrial and financial centre, Eric Ho, the Secretary for Trade and Industry, said. Speaking at a seminar organised by the Hong Kong Management Association, Mr Ho said pressureAP - 233 words
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Article830 1985-11-09 3 ARRIVALS Operator Service Local From number time OA OA471 0030 ATH SIA SQI1 0125 LAX/TYO CAL CI333 0130 TPE PAA PA2I/5 0155 LAX/TYO/HKG SIA SQ4I 0615 MAA MK MK746 0755 MRU MAS MH681 0820 KUL KAL KE624 0850 KUL MAS MH603 0905 KUL MAS MH671 0935 KUL830 words
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Article475 1985-11-09 3 Oil prices could fall below US$2O in the summer Reuter SAUDI ARABIAN Oil Minister Ahmed Zaki Yamani said an oil price war appeared likely next year, and could send crude prices temporarily below US$2O per barrel during the summer. In an interview with the InternationalReuter - 475 words
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Article93 1985-11-09 3 AP SOVIET LEADER Mikhail Gorbachev said he would agree to an appeal by six non-aligned countries for a 12-month moratorium on nuclear testing if the US also does so. In a reply to the group carried by the news agency Tass, Mr Gorbachev noted that the SovietAP - 93 words
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Page 3 Advertisements
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Advertisement7 1985-11-09 3 Pan Am's747SP Easiest Daily to .||P£k New^fork.7 words
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Advertisement24 1985-11-09 3 mS6 13 v -4 m V si h i iH M r Z *****16 wmrn^^m m A r- r.*i» vnmurai mineral man' Kg^^fsfc" afcs24 words
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Page 3 Miscellaneous
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Miscellaneous46 1985-11-09 3 Doonesbury BY GARRY TRUDEAU m a wiri m m r m ICANTBEUeve I'M HNALU ABOUT IDUVBANPWORK IN MYOUJN NEW YORK CTTY LOFT! i. i IKvi rftMSrSOQAMN ROMMC-10U/W IS/TTING HEFS ON A HAROUOOP FLOOR. SIPPtNG HJiNE, PREAM ING ABOUT THE FUTURE.. m f a m 1 r46 words
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BANKING AND FINANCE
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365 1985-11-09 4 FT STEPHEN AXILROD, the Federal Reserve Board's top domestic monetary policy official, says that the central bank remains concerned over the danger that a sharp fall in the dollar could "seriously Jeopardise" the progress that has been made against Inflation andFT - 365 words
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160 1985-11-09 4 NYT REFLECTING the strong anti-Japanese trade sentiment in the US Congress, 38 members of the House banking committee have urged the Federal Reserve Bank of New York to reject applications by Japan's two largest securities firms for admission to an inner circle of primaryNYT - 160 words
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Article, Illustration704 1985-11-09 4 SINGAPORE THE US DOLLAR yesterday closed mixed against major currencies in active trading. The dollar closed at 206.40/55 yen, down from the day's high of 207.65, but was higher than New York's 205.95/206/15 close. The dollar closed lower at 2.6225/40 marks compared with New York's 2.6350/65 close, and704 words
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Article355 1985-11-09 4 Asian market ASIAN DOLLAR deposit rates yesterday closed steady at opening levels in quiet afternoon trading. News of a US$2.2 billion fall in latest US M-l money supply, although larger than expected, had little impact on the market. Short-dates weakened between 3/16 and V* point at the start due to355 words
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Article242 1985-11-09 4 Interbonk rotes at 3pm yesterday: Currencies Nominal ii(m Smithsonian SM Offer croee paftty change Local dollars to on* unit of foreign currency US donor Sterling pound Australian dotal NZ dolor CorvadKjn dolor 2 1195 2 9842 1 4200 1 2314 1 5397 2.1210 ***** 1 4242 1 2354242 words
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Article237 1985-11-09 4 HONGKONG: GOLD yesterday closed slightly firmer in quiet trading. Buying interest was offset partly by light selling from Japan and the Mideast. Bullion closed at U*****.30/70 an ounce against New York's $321.80/322.30. On the local market, gold fell $15 from its close on Thursday to finish at HK53,007 a237 words
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Article406 1985-11-09 4 Reuter CURRENCY futures trended easier in early trading on profit-taking and speculative buying as the US dollar fluctuated in the spot market yesterday. December yen opened at U550.*****0 below Chicago's close of 90.*****6 and the previous Simex settlement of 10.*****8. Around 257 lots were traded between $0.*****2 andReuter - 406 words
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Article106 1985-11-09 4 THE OVERNIGHT rate on the Singapore interbank money market rose point from Thursday to close at 4Vi per cent yesterday. The one-month term rate fell by 1/16 while the two-month rate was unchanged. S$ Interbank rotes at 3pm yesterday: OH«f M Ovef night 4 1/2 4 1/4 1-month106 words
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RAW MATERIALS
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Article183 1985-11-09 4 SINGAPORE THE MARKET yesterday closed slightly higher with December One RSS buyers quoted at 158.25 cents per kilo, up 0.50 cent from Thursday. Prices hovered narrowly in quiet afternoon trading on a lack of fresh interest. MALAYSIA ENQUIRIES by the buffer stock manager for the first time since early183 words
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Article13 1985-11-09 4 KL TIN Closing prices on Nov 8 (M$/kg) Price Suspended Turnover (tonnes) Suspended13 words
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Article334 1985-11-09 4 RAS prices in S cents/kg, FOB in bales NOON CLOSE Buyers Sellers Buyers Sellers Int 1 RSS Prompt 156 75 157.75N 156 75 157 75N Int 1 RSS Dec 85 158 25 158 50 158 25 158 50 Int 1 RSS Jon 86 159 00 159 50334 words
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Article107 1985-11-09 4 (cents/kg, 1-ton pallets) DEC 85 JAN 86 (current month) (forward month) NOON NOON RAS Buyers Sellers Buyers Sellers SSR 20 146 00 148 00N 147 00 149.00N SSR 50 144 00 146 00N 145 00 147 00N MRELB Buyers Sellers Buyers Sellers SMR CV 203 50 205107 words
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Article172 1985-11-09 4 THE CRUDE palm oil (CPO) market closed easier yesterday on light weekend selling. The bearish sentiment was attributed mainly to an anticipation of surplus crude palm oil during the coming months. Trading was quiet. Nov deliveries in the south dropped Mslo to $645 per tonne and north $2.50172 words
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Article134 1985-11-09 4 WHEAT FUTURES in Chicago on Thursday ranged from up to down one US cent a bushel at the close of a fairly dull session. December ended near the top of a 3' < -cent range. Traders awaited confirmation of overnight sales to Pakistan, Sri Lanka and South Korea, while134 words
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Article159 1985-11-09 4 SOYBEAN FUTURES in Chicago on Thursday closed i US cent per bushel lower in spot to 4 3 cents lower in May, with the greatest pressure in distant 1985 crop months. The overall negative market tone was tied to the stronger dollar and higher weekly barge loadings, indicating increased159 words
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Article163 1985-11-09 4 Yarn (In HK$ per bol« ot 400 lb) China corded yarn, cones Blue Phoenix 16's 2,450 Blue Phoenix 20's 2,600 Blue Phoenix 32's 2,950 Blue Phoenix 40's 3,300 Carded yarn, hank Blue Phoenix 21's 2,750 Combed yarn, cones Blue Phoenix 32's 4,300 Blue Phoenix 40's 4.500 Open-end yarn Blue163 words
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Article150 1985-11-09 4 Chineee Produce Exchange (Setters' noon closing prices on No* 8 (SJ/100 kg) Robusta 20/25% FOB NSW Nutmeg 110 FOB NSW E8.W FOB NSW 505 00 496 00 438 00 Coconut oil Bufc FOB Otd drum FOB New drum FOB Copra Mixed (loose) Pepper Muntok White FOB NLW Sarawak150 words
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Article287 1985-11-09 4 Singapore C-l Ord unq (S$/Mo. ex-godown) Loonzain Rice Frogront new crop 1.4 n 7x 100% 1st grode 100% 2nd grade unq 215 IS! 2nd \J SJ 056 100% 3rd grade unq 3rd 054 Parboiled Rice N«w Crop 5% 210 25% no stock 10% 205 10% no stock Thai Broken287 words
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Article799 1985-11-09 4 COFFEE Robusta coffee futures found a slight resurgence of confidence on Thursday afternoon to end the day at up £20 a tonne to unchanged from Wednesday's close, lifted by a firmer New York market and easier sterling against the dollar. At the close, London's second position January was799 words
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Page 5 Advertisements
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Advertisement720 1985-11-09 5 Instant success. V< v •>- v The new Vectra PC from Hewlett-Packard. There's nothing quite like success. And the faster it comes the sweeter it tastes. That's why the versatile new Vectra personal computer from Hewlett-Packard represents such a perfect fit for your business. Because while it's fully compatible with720 words
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TIME-OFF
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Article515 1985-11-09 6 THIS MORNING WE PROPOSE to spoil your breakfast appetite by discussing things dead and decomposing. Over the millennia, Mother Nature devised a very satisfactory method of disposing of the planet's waste matter. The antelope brought down by the lion, after the killer had eaten his fill, left sufficient515 words
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Article, Illustration555 1985-11-09 6 MONICA GWEE - Boogie Boy and the Woogies spread the blues virus at Cuppage Terrace By MONICA GWEE IT WAS wall-to-wall people, many barrelling in from work, briefcases in hand. Those crazy enough to attempt a head-count at Saxophone on Thursday night offered 2,000 as a reasonable estimate555 words
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Article594 1985-11-09 6 AFP BECOMING a sushi chef should take at least seven years under the traditional "master-disciple" teaching method, but Hideo Matsuda is doing it in three months. The 36-year-old former salaried worker has joined the growing tide of half-baked sushi chefs taking a crash-course at Tokyo'sAFP - 594 words
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Article, Illustration229 1985-11-09 6 CLAUSTROPHOBIA, according to Brutui Thornapple, is the practice of using big words whenever possible. Those who read Tuesday's Born Loser and understood what he meant by "The dichotomy of this hypothesis is totally hypersensitive" should turn to the Straits Times Forum page (or an equally classic229 words
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Article1146 1985-11-09 6 What's on from Nov 9-15 AEROBICS: Dance and axarciaa routinee. Sentosa musical fountain. 7.30pm and 3.30pm. Twenty members of the Pro Aerobics Club will perform the physical exercises choreographed to music The fountain will be programmed to follow the music as weH. Free, except for usual charges to Sentosa1,146 words
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Article, Illustration165 1985-11-09 6 FLOWERS can be worth quite a lot of money and, pat together, as moch as that's the value of chrysanthemums and bonsai from China on display at an exhibition next week. The flowers have been flown in from Guangzhou, a region famous for flower cultivation. The165 words
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Page 6 Miscellaneous
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Miscellaneous805 1985-11-09 6 msmwm CRYPTIC PUZZLE ACROSS 9 Means only it's soft and worm to wear (8) 10 Author who had a try at writing verse (3) 11 Mean to hold court and to have a drink (6) 12 Note he's not selling (6) 13 Find the hunter turned out to have a805 words
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SPORTS
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239 1985-11-09 7 UPI TOP-SEEDED American John McEnroe tussled with himself on court but easily overcame unseeded Spaniard Juan Rodriguez 6-4, 6-1 on Thursday to reach the quarterfinals of the U*****,000 Stockholm Grand Prix tennis tournament. The left-handed New Yorker was joined in the last eightUPI - 239 words
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170 1985-11-09 7 AP THE WINNING man and winning woman in next year's Boston marathon will each receive US$3O,OOO, with the next 14 finishers of each sex also taking home at least $1,000 in the open division, race officials announced on Thursday. The top men and womenAP - 170 words
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Article, Illustration546 1985-11-09 7 UPI PINKLON THOMAS, the WBC heavyweight champion, travels light. Usually by himself. If he's recognised and asked for his autograph, that's fine with Pinklon Thomas. If not, that's OK, too. He can live with it. He has a long time now. He came very close toUPI - 546 words
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Article, Illustration853 1985-11-09 7 BRIAN MILLER - By BRIAN MILLER TWO MONTHS AGO Nigel Tlley said in an interview that he viewed the 1965 Lion City Cup race as his season's target something he wanted even more than the jockeys' premiership. "Taking the jockey's title would be853 words
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424 1985-11-09 7 WALTON MORAIS - By WALTON MORAIS VETERAN TALIB HARON is unlikely to have as easy a time tomorrow as he did last year when he defends his title in Keppel's club championship. The former Putra Cupper took the title by a massive eight strokes in last424 words
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Article, Illustration426 1985-11-09 7 AP SANDY LYLE provided a spectacular turn-around as Europe beat the US in five of six matches and established a whopping 18-point lead on Thursday in the second round of the inaugural Nissan Cup World Championship golf tournament. TheAP - 426 words
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Page 7 Miscellaneous
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Miscellaneous1122 1985-11-09 7 w 000 mm CENTRESTAGE Mr Hslpern and Mr Johnson 9JO pm, Channel 12 Two of the world's most reknown actors appear together in this play. It revolves around the complex mix of thought and emotion when a man found out about his wife's lover. Jackie Gleason m Ernest Johnson SATURDAY1,122 words
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Miscellaneous11 1985-11-09 7 BcriSto^:l I St 3% g']o^ li fi 3 8 fTifflL M\11 words
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INTERNATIONAL STOCKS
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Article242 1985-11-09 8 Reuter UNITED AIRLINES has ordered more than US$3 billion worth of new aircraft as the US government gave the final approval for its takeover of the Pacific routes of Pan American World Airways. United said it gave Boeing Co a record order for up toReuter - 242 words
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203 1985-11-09 8 Cable Wireless to issue 56m new shares AFP THE BRITISH company Cable k Wireless said it would issue an extra 56.4 million shares when the state sells the remainder of its shareholding next month. The price of the new shares will be announced later, at the same time as theAFP - 203 words
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Article62 1985-11-09 8 Reuter KLM ROYAL DUTCH Airlines said second-quarter net profits were severely hit by currency changes in the period. Net profits fell 18 per cent to 188.6 million guilders in the second quarter of the 1985/86 financial year ended March 31, compared with the same period lastReuter - 62 words
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316 1985-11-09 8 Reuter WALL STREET on Thursday came under profit-taking pressure after its mid-week rise to record levels and ended the day with the averages lower but more stocks moving up than down. The Dow Jones Industrial Average fell by four points to 1399. Advances led declinesReuter - 316 words
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Article126 1985-11-09 8 NOV 07 cs imp CM 51 Inco 16 Abrtib) 17* 44* 18 Akon 34* 15* Atgoma 19 22 Argoen Hldgs 32* Mowey Ferg 3.100 unch 13* Mc Bk>d*l 19* 42* MoKon A 19* 31* Moore Cp 26* 33* Nofondo Con Imp Bk 40 13* Conpoc 17* 4 300 Coring126 words
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Article191 1985-11-09 8 NOV 07 Unisec 580 -5 Woolwortti 1150 50 INDUSTtlALS MININGS 8456 5 3300 -125 180 ***** AE And a 775S 1525 -Yt 400 10 Butt eh 7TJS -275 AMJC ***** I070S -130 1135 35 2370 C G Smith 2050 990 -10 CNIA I80S 1455 -75 4456 4800 -175 7800191 words
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Article633 1985-11-09 8 NOV 07 US$ Alcon Akrrwi Akoo Alegheny Lud Afced Chem Cp Afced Stores Alrt-Cholmers Am Brandt Inc Am Broodcost Am Can Co Am Cyanamd Am Elec Pwr Am Express Am Horn# Prod Am Motors Cp Am Natural Gas Am Tel Tel Arnan Inc Amerada Hes» AMF inc Amr633 words
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Article854 1985-11-09 8 Amsterdam MOV 07 Fk ABN 544 50 -7 5 105 30 0 5 Ahold 276 50 -1.5 127 60 -18 AMEV 76.50 -0 3 Amfos 98 50 -0 7 41.60 -0 4 Bofc ***** -6 Boskoln 120 00 -5 Cokxxj 490 00 -1 147 50 02 5900 03854 words
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Page 8 Advertisements
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Advertisement446 1985-11-09 8 4 ,v Wjfogjpg win aai egitertaiii Cf% K; hL 3? */i HIGH TEA'S IN FASHION r Every Saturday from3pm to 6pm famous fashions come to The Terrace While the fashions parade, high I tea will be served with all your favourite goodie? Be there for a stunning afternoon Showtime 4446 words
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Advertisement129 1985-11-09 8 London stocks on Pago 12 LOMHge Enjoy the world's finest wine, while you relax in the cosy ambience of The Lounge. Make your nights memorable with the versatile quartet, Body N Soul from the Philippines. They'll captivate you! Happy Hours: spm 7pm, 50% off all drinks (pouring brands) CRpwn ©PftfNCE129 words
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ASIAN STOCKS
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Article356 1985-11-09 9 HONGKONG: Share prices regained ground lost in early trading to close steady yesterday. Brokers said the market opened weaker on profit-taking, but institu tions came back to ensure that the Hang Seng Index stayed above 1,700. The index rose 0.45 to close at 1,722.38, after being down more than356 words
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Article225 1985-11-09 9 NOV M Al Sincere Indus NT 2 47 -0 25 Nan Y a Ptos Pacific Cons Pacific Elect Wre 28 30 1560 13 45 -03 02 -0 05 Alto Cement 22.00 -0.1 082 -0 04 Cathay Cons 25 30 -0.1 15 10 Chang Hwa Bank 45 80 unch Sfrhfcn225 words
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Article266 1985-11-09 9 NOV 00 Aimomoto Aka Amodo Yw 40 Mitsub Heavy Mitsubishi Mitsui Co 374 596 417 -6 2 -6 380 800 781 -10 5 II Mitsu Shebtd? Mitsui Smelt ng Mitsukoshi 153 380 615 -2 -8 -5 20 70 Asahi Glass Bank Tk 855 751 10 -3 Mifsurm Murata Mtg266 words
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Article104 1985-11-09 9 MANILA: Prices closed mixed in quiet trading. The Commercial and Industrial index rose 1.92 to 176.22 while the Mining Marker fell 1.16 to 687.76 and Oils were unchanged at 0.828. NOV 00 nr Oriental B 0 016 unch PM«« B ***** unch Acote Miryrvq 0 0012 unch P>cop B104 words
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Article435 1985-11-09 9 SYDNEY: Stocks recovered from their recent losses to close higher as a firmer local dollar reassured investors. At the close, the All Ordinaries Index was up 10.5 at 1012.4, the All Industrials 10.1 at 1488.1 and the All Resources 10.5 at 644.7. But the gold index was down 7.9435 words
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Article88 1985-11-09 9 NOV 0« Won Hyundai Comt 899 unch Hyundoi Motor 950 9 Book Seoul 735 KAL 542 7 Chotieung Bk 707 -3 Korea Frit 760 unch Commercial Bk 754 4 1307 5 Do«*m Ind 548 2 Korea 5»*p 425 -1 Da«woo Corp 536 7 Lucky Ltd 672 1 725 •388 words
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Article144 1985-11-09 9 BANGKOK: Stock prices closed lower in weak trading on a lack of incentives, brokers said. The Book Club Index was unchanged at 130.82 and declines led advances by nearly a five-to-two margin. Turnover dropped to 84,365 shares worth 17.4 million baht from Thursday's 200,988 shares worth 49.5 million baht.144 words
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Article63 1985-11-09 9 Reuter THE OUTSTANDING BALANCE of margin buying positions on the Tokyo, Osaka and Nagoya stock exchanges fell for the fourth consecutive week, by 8.4 billion yen to 2,451.7 billion at the end of last week, the Tokyo exchange said. The outstanding balance of selling positions alsoReuter - 63 words
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259 1985-11-09 9 Reuter EFFORTS by the receiver of Sanko Steamship Co Ltd to compile a draft reconstruction plan are deadlocked because many trading houses which financed the building of about 100 bulk carriers for Sanko are refusing to provide additional help. Industry sources said Mr MitsuhideReuter - 259 words
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105 1985-11-09 9 AFP US CARMAKER General Motors has entered into a 5.1 billion-won joint venture with two prominent South Korean companies to produce car batteries for export. Industry sources said on Thursday that the venture, together with South Korea's Daewoo and Hyosung groups, was toAFP - 105 words
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Article65 1985-11-09 9 AFP WORK ON A US$l billion centre will start soon in Beijing to cater for the needs of Hongkong and Macau businessmen trading with China. The independent Ming Pao newspaper in quoted Li Ju-Sheng, a former director of the official New China News Agency inAFP - 65 words
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349 1985-11-09 9 AP AFP CALIFORNIAN INVESTOR Charles Knapp and a British partner, Glen International of London, have said that they will sue to overturn defensive actions taken by Minebea Company Limited of Japan against a takeover bid. Mr Knapp's TrafalgarAP; AFP - 349 words
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Page 9 Advertisements
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Advertisement508 1985-11-09 9 <&! If m v, i fi9 DELICIOUSLY HYATT PLUM'S iiiiiiiiiiiiiiiiin Plum s! Spacious, spread out and contemporary. You'll find the best of local and western cuisine there's also a buffet station with an excellent assortment of Chinese, Indian and Malay dishes. Plus a delightful children's Menu. And don't miss dessert508 words
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Advertisement142 1985-11-09 9 let's booze to the music!! S V > HAPPY HOURS: spm 7pm daily Hot rock or favootte contemporaries, this popular all-girl#, Six Angela Band, plays and sing* right Into your heart. Brings you Into a world of pure entertainment while you drink away into the night. 800pm I.ooam (Mori Fri)142 words
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SHARE INFORMATION
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Article, Illustration4330 1985-11-09 10 STRONG BUYING support at the start of yesterday's trading on the Singapore stock market faded as the day wore on, causing the major market indices to fall slightly into negative territory. Singapore-based bluechips, however, were again well supported. Malaysian counters, on the other hand, after4,330 words
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Article265 1985-11-09 10 SINGAPORE Rises Indies* G 1 Lit* 1600 Tosok Csnwi 300 Spore Land 275 MTP 400 U M Flour 990 Sool laic 133 Renong Hid 50c 137 SheM 330 Kings 110 M Breweries 620 Falls haotes 230 FAN 675 M Bonding 570 Hum M 362 HK Tin Corp265 words
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Article4839 1985-11-09 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 the word "SETT".4,839 words
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Page 10 Advertisements
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Advertisement11 1985-11-09 10 KL market report, Business dons on ths KLBE Sss psgs 1111 words
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COMPANY NEWS
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Article268 1985-11-09 11 MALAYSIA'S BIGGEST palm oil refinery group, Palmco Holdings Bhd, has turned in a sparkling set of results, its best in four years. For the year ended June 30, 1985 operating profits for the group were up 71 per cent to M 510.37 million, compared with268 words
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Article215 1985-11-09 11 THE HIGH COURT hearing on the interim injunction served to prevent the sale of shares in Allied Chocolate Industries to Malaysian businessman Mr Lee Ming Tee, has been adjourned. Justice Wahab Ghows yesterday directed that the hearing be postponed to a later date to be fixed by215 words
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Article103 1985-11-09 11 Reuter NEW WORLD Development Co Ltd has agreed to acquire an office building in Hongkong for HK$225 million. It will buy Asian House in Wanchai, near the central business district, for $10 million in /»a«h and 25.8 million New World shares, wrath $215 million, toReuter - 103 words
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Article428 1985-11-09 11 SHARE PRICES fell across the board in quiet trading at the Kuala Lumpur stock market yesterday when some Initial buying interest fizzled out. Most issues succumbed to selling pressure in the late afternoon as investors took to liquidating their holdings upon news that the428 words
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Article3549 1985-11-09 11 BID and otter prices officially listed and business in and reported to the Kuala Lumpur Stock Exchange yesterday, with the number of shares traded shown in brackets in lots of 1,000 units unless otherwise specified. MUSTMM.S A Choc (3.006 3.085) (2) 3.04 AISB (0906 0.915)3,549 words
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Article, Illustration317 1985-11-09 11 @2jjP? HOCK LOCK SIEW WITH THE INFLUX of more and more foreign money into our market, today's depressed Singapore-based trustee stocks could turn out to be the glamorous winners of tomorrow. Like last week's stock pick, National Iron, the tide may also be changing for the betterHOCK LOCK SIEW - 317 words
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764 1985-11-09 11 THE TIN MARKET crisis has prompted a variety of responses among parent companies of London Metal Exchange (LME) trading members to the question of whether they were prepared to back whatever obligations their subsidiaries had incurred on the LME. The suspension of tin trading on764 words
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Article135 1985-11-09 11 MBf HOLDINGS Bhd has been granted approval by the Australian government to set up a whollyowned merchant bank based in Sydney with a Melbourne branch. The company said a licence was approved in the past week, but did not say when it would set135 words
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LATEST RESULTS
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Article96 1985-11-09 11 reported a 2.2 per cent rise in group pre-tax profits to $5.97 million (from $5.84 million) on a 7 per cent increase in turnover to $73.02 million (from $68.13 million) (or the half year ended Sep 30, 1965. Directors have declared an interim dividend of 3.596 words
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Article270 1985-11-09 11 Ma Rogers' prices for Nov 9 4 11 MARA-Bumiputra First B'putro 5-12 5.17 Singapore Unit Trust Second B'putro Third B'putro 4 75 4 80 3 81 3 86 The Commerce 166 176 Foivth B'putro 5 25 4 30 The Savmgs Fund 126 134 Fifth B'putro Sixth B'putro 2270 words
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Article105 1985-11-09 11 HONGKONG Thursday 1478.1 Hong Seng Index Week ago 1500.3 Friday 1722 38 Thursday *****3 NEW YORK Week ago 1680 65 Dow Jones TOKYO Thursday 1399 54 Wednesday 1403 44 Nikkei Average Week ago 1374.31 Friday ***** 05 Standard Poors Thursday ***** 24 Week, ago *****.10 Thursday 192.62 Wednesday105 words
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Page 11 Advertisements
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Advertisement81 1985-11-09 11 NOTICES TA FlI (PTE) LTD (la Volant*ry Liquidation) NOTICE IS HEREBY GIVEN pursuant to Section 308(2) of the Companies Act, Cap. 185 that the Final Meeting of Members of the above-named Company will be held at the offices of Tan Chin Ren Co, 230 Jalan Besar #03-04 Hong Leong Finance81 words
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Advertisement80 1985-11-09 11 CAPT ELECTRONIC PRIVATE LIMITED (la VduUry Uqnldatton) NOTICE IS HEREBY GIVEN pursuant to Section 308(2) of the Companies Act, Cap. 185 that the Final Meeting of Members of the above-named Company will be held at the offices of Tan Chin Ren Co, 230 Jalan Besar #03-04 Hong Leong Finance Building80 words
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Advertisement80 1985-11-09 11 LEENG TRADING PTE LTD (In VolnnUry liquidation) NOTICE IS HEREBY GIVEN pursuant to Section 308(2) of the Companies Act, Cap. 185 that the Final Meeting of Members of the above-named Company will be held at the offices of Tan Chin Ren Co. 230 Jalan Besar *03-04 Hong Leong Finance Building80 words
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Advertisement235 1985-11-09 11 NOTICE NOTICE IS HEREBY GIVEN that, I, Hoh Wing Cheong of Blk 143 Jalan Bukit Merah #05-1138 Singapore 0315, have applied for a First Class Beer House licence in respect of premises at M/s Cafe de Sourgrapes, 50 Hougang Avenue 1, Striker's Bowl Singapore 1953, and that this application will235 words
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623 1985-11-09 12 ALVIN TAY, AMY BALAN - New packages for two Malaysian companies By ALVIN TAY, AMY BALAN A PROPOSED multi-million dollar loan package for a Malaysian company has been restructured while another has been replaced by a new financing scheme following the recent imposition of the 20623 words
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509 1985-11-09 12 AP PRESIDENT Ferdinand Marcos yesterday announced that he would resign as the president of the Philippines to clear the way for a Jan 17 special election, but in such a way that he would remain in office through the election. Saying that criticism from his opponentsAP - 509 words
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315 1985-11-09 12 DESPITE erosion of export earnings by the yen's steep appreciation, major Japanese manufacturing companies will have higher profits in fiscal 1965, a Bank of Japan survey released yesterday showed. The 379 manufacturers surveyed, all capitalised at one billion yen or more, have become315 words
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196 1985-11-09 12 AFP INDONESIA would be glad to hold a "cocktail party" meeting of all three Cambodian resistance factions and the Vietnam-ese-backed Heng Samrin regime. Foreign Minister Mochtar Kusumaatmadja said yesterday said at a press conference that the meeting was proposed by Prince NorodomAFP - 196 words
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Article, Illustration81 1985-11-09 12 IT APPEARS that nearly nobody gats fad up with a beetle, tha famous Volkawagan construction, which waa first built in Germany in 1936 and still rolls upon tha atraata of tha world. Howavar, if really one of the beetlea gets tired of rolling, it's still useful aa81 words
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363 1985-11-09 12 AP THREE JAPANESE oil companies signed the first contract yesterday under a second round of international bidding for offshore oil exploration rights in China. "The Japanese companies are the early birds to get the worm," Chen Bingqian, a spokesman for the ChinaAP - 363 words
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Article232 1985-11-09 12 AP A "STRONG AND BOLD" elderly man who won almost US$4 million in 18 days of playing four $25 slot machines at the Las Vegas Hilton hotel has lost all but $25,000 of it. Daniel Mayhoefer, 83, of Los Angeles, began his spree in early October,AP - 232 words
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Article, Illustration529 1985-11-09 12 ANNA TEO - By ANNA TEO MANY WORKERS still see poor labour-management relations as a block to productivity and more have cited the fear of being disliked by fellow workers for doing more or better than the average. This year's Times Organisation Survey on Productivity Attitudes polled529 words
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79 1985-11-09 12 THE GOVERNMENT has decided to accede to the New York Convention under which arbitration awards made in Singapore are enforceable in other countries which are parties to the Convention and vice versa. Upon accession, Singapore will enact legislation to carry into effect its obligations under79 words
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Article67 1985-11-09 12 Reuter COMEX GOLD FUTURES edged up US$O.4O in nervous dealings yesterday morning, as traders focused again on the unresolved tin market problems. Gold (or December delivery rose 0.40 at $323.50 an ounce. Silver futures edged up 2.0 cents on light-short covering, with the continued tin marketReuter - 67 words
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Article64 1985-11-09 12 THE NEW YORK stock market headed lower in early trading yesterday, backing off for a second day from record levels reached at mid-week. The Dow Jones Industrial Average was off more than one point to 1396. Declines had a small lead over advances and broader indicators were64 words
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Article990 1985-11-09 12 EQUITIES opened lower yesterday, continuing Thursday's decline in moderate end-of-account trading. The FTSE 100 Index at 10.45 am was down 6.9 points to 1,377.9. Oils were marked down by Saudi Arabian Oil Minister Ahmed Zaki Yamani's remarks that an oil price war appeared likely next year and could990 words
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LATE FILE
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57 1985-11-09 12 Reuter CHINA is to impose a tax on cargo passing through its 26 largest ports from Jan 1, using the money to expand and improve port facilities. A ministry of transport spokesman said yesterday that the tax would be calculated on the basisReuter - 57 words
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Article38 1985-11-09 12 AP THE London Royal Opera House said yesterday that it would close indefinitely next week because its orchestra was going on strike in a pay dispute. The decision will take effect on Tuesday.AP - 38 words
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Article43 1985-11-09 12 UPI PRIME MINISTER Bettino Craxi won a confidence vote in the Italian Senate yesterday that confirmed his government in office despite a defiant speech affirming the right of Palestinians to use "armed struggle" in their conflict with Israel. UPIUPI - 43 words
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Article34 1985-11-09 12 UPI LEBANESE authorities yesterday mobilised hundreds of policemen on an around-the-clock vigil in response to several anonymous telephone calls claiming the Islamic Jihad organisation had killed its American hostages. UPIUPI - 34 words
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Article54 1985-11-09 12 Reuter SOUTH AFRICAN newspaper editor Tony Heard, who had on Monday published an interview with a Mack guerilla leader in The Cape Times, was charged yesterday under the internal security act with quoting a banned person. Heard was not asked to plead when he appeared inReuter - 54 words
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Article36 1985-11-09 12 Reuter PRESIDENT Francois Mitterrand said yesterday that France had reversed its decision to stay out of a project to build a Joint European fighter plane and would now take part. ReuterReuter - 36 words
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Article48 1985-11-09 12 Reuter POLICE entered the Sikhs' Golden Temple complex in Amritsar yesterday to search for the Sikh extremist killers of a policeman the first reported raid on the shrine since the new chief minister of Punjab had vowed to stop security forces entering it. ReuterReuter - 48 words
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Article65 1985-11-09 12 UPI THE Union Carbide Corp said yesterday that the gas leak at its plant in India last December was caused deliberately. The company said that unknown persons introduced 450 to 900 litres of water into a storage tank, triggering a chemical reaction which led toUPI - 65 words
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Page 12 Advertisements
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Advertisement20 1985-11-09 12 VISITING HONG KONG? CHARMING YOUNG LADIES as escorts and guides for tourists and business visitors. PLEASE CALL HONG KONG *****2320 words
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Page 12 Miscellaneous
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Miscellaneous57 1985-11-09 12 msiraa Outlook for today. Foir, except for showers in a few areas in the Report for 24 hours prior to 7 30pm on Nov 8 at the airport Maximum temperature 31.0 Associated humidity 75 Minimum temperature 22.8 Associated humidity 96 Hours of sunshine 5.95 Rainfall in millimetres 6.2 Rainfall this57 words
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