The Business Times, 4 July 1981

Microfilm: NL11184
Total Pages: 14
1 14 The Business Times
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  • Title Section
    Masthead
    11 1 BUSINESS TIMES M.C.(P) No. 107/1/81 SATURDAY, JULY 4, 1981 60 CENTS
    11 words
  • BRIEFLY...
    • Article
      Lock icon Economic output falls
      73 1 Reuter PARIS, Fri. France's economic output continued to fall in the first quarter of this year. According to official figures released by the statistics office, Gross Domestic Product (GDP) fell one per cent in the first quarter of this year after a 0.3 per cent decline in
      Reuter  -  73 words
    • Article
      Lock icon Sold secret information?
      65 1 AP BONN, Fri. An electronics expert sold secret information on West Germany's new Leopard II tank to Soviet agents, the West German newspaper Bild reported. The Justice Ministry denied the report and said there are no grounds for suspecting that sensitive material had been turned over to
      AP  -  65 words
    • Article
      Lock icon Restoring private banks
      51 1 Reuter PARIS, Fri. Bangladesh plans to restore private banks and extend the private sector in general. Deputy Prime Minister Jamaluddin Ahmed said in an interview that some 400 to 500 small and medium-sized firms had been denationalised in the last five years and more will be denationalised.
      Reuter  -  51 words
    • Article
      Lock icon Japan to resist request
      73 1 Reuter KUALA LUMPUR, Fri. Japan is expected to resist Malaysia's request for an increase in Malaysian Airline System's (MAS) flights to Tokyo when the two sides meet this month for talks on a revised air services agreement. The talks open in Tokyo on July 14. The
      Reuter  -  73 words
    • Article
      Lock icon Chun visits border
      64 1 UPI BANGKOK, Fri. South Korean President Chun Doo Hwan arrived in Thailand today and suddenly scheduled a visit to the troubled Thai-Kampu-chean border. Instead of meeting Thai Prime Minister Prem Tinsulanonda, Chun is now scheduled to fly by helicopter tomorrow morning to Prachinburi province and tour the
      UPI  -  64 words
    • Article
      Lock icon Burmah Oil loses claim
      93 1 Reuter LONDON, Fri. The Burmah Oil Company lost a claim in the London High Court for £1 billion compensation from the Bank of England over a rescue operation six years ago. Burmah claimed the bank took unfair advantage of it when it bought Burmah's 20 per
      Reuter  -  93 words
    • Article
      Lock icon Protestants form army
      57 1 AP BELFAST, Fri. Reverend lan Paisley, Northern Ireland's most militant Protestant leader, announced the formation of a Protestant Army to fight the Catholic guerillas of the Irish Republican Army in strife-torn Northern Ireland. He also vowed to torpedo a cautious new British proposal to give the Catholics
      AP  -  57 words
  • Chief Price Changes
    • Article
      SINGAPORE
      136 1 Rises Hong Leong Ind 2210 110 C Sugars 19S0 100 H Leong Credit lflflO 100 Sel Properties 1230 90 G I Hldg* 890 75 U M W 855 55 Sealion 780 55 Pegi Mais 1330 50 H Leong Fin 1300 50 Falls Paramount 770 -85 Sea View 830 -50
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    • Article, Illustration
      KUALA LUMPUR
      142 1 Rises Pan Electric 535 57 Falls Kuchai 600 100 M Cement 1400 -100 MBS 550 -80 Pac Dev 1250 -80 Rothmans 1100 -80 Pegi 1400 -80 C Sugars 2020 -80 H L Finance 1300 -70 Bovis 920 -65 G Ceramics 920 -65 Paramount 820 -55 Guinness 940 -50
      142 words
  • Article
    MUI wins support in takeover bid
    723 1  -  HELP FROM CONSORTIUM By CATHERINE ONG MALAYSIAN entrepreneur Khoo Kay Peng is about to pull through one of the biggest stockmarket deals in Singapore with the help of big names in local property and stockbroking industries. In a major turn of events that may
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  • Article
    US company buys Maclaine Watson
    242 1 RUBBER merchant Maclaine Watson, a subsidiary of the Temenggong group, has been acquired by Cargill, an American trading company. Cargill, an international processor, distributor and transporter of agricultural and other bulk commodities, concluded the deal three days ago. Maclaine Watson is one of several subsidiaries
    242 words
  • Article
    All-out effort to save Rollei
    451 1  -  By SIOW LI SEN AS PRODUCTION in the Rollei Singapore plant returns to normal after the uncertainty of the last two days when the receivers and managers moved in, efforts are now afoot to explore all avenues to rescue the company. Peat, Marwick, Mitchell and
    451 words
  • Article
    Master plan for IPC
    302 1 AN INTERNATIONALLY renowned Japanese architectural company has been appointed to draw up a master plan for the International Petroleum Centre by the end of this year. The Nihon Keizai Shimbun. quoted architect Kenzo Tange and Urtec Inc as saying that the project will cost 200 billion
    302 words
  • Article
    Talks on to merge Acma and Pan Electric Appliances
    267 1 NEGOTIATIONS arr going on for thr merger of Acma Electric»! IndusIries with Pan-Electric Appliances (PEA), a wholly-owned subsidiary of Pan-Electrical Industrie*. The proposed merger will effectively bring together the only two Independent local manufacturers of electrical appliances In Singapore. As an
    267 words
  • Article
    No approval for three new storage tanks
    492 1  -  By AGNES WEE THE Government has a change of heart about allowing petrochemical storage tanks to be sited on mainland Singapore. GATX Terminals, which has so far built five such spherical storage tanks at its Jurong terminal, has been told that building approval
    492 words
  • Page 1 Advertisements
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      Page 1 Advertisements Column 1
      14 1 Singapore's Business World at your The Straits Times DIRECTORY Of Fingertips Singapore (Buku Merah)
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      Page 1 Advertisements Column 2
      213 1 Swing With A Perfect IMA The form and function of many things are often rated on a scale of 1 to 10. This includes Olympic competitive scoring, pretty girls and golf clubs. That's why Lynx named its newest, hottest model golf club '10'. These new-design woods and irons were created
      213 words
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      Page 1 Advertisements Column 3
      75 1 LEISURE TIMES SEVERAL firsts for cement TOUR of Japan to study bankplant 2 tag systems 9 SOVIET behaviour on Afghanis- IMPORTANT decisions at Inchtan under monitor 3 cape Berhad 12 SPINOFFS from electronics RISE of 31 per cent In CPF indu5try.................................... 5 funds collected 12 CROSSWORDS S, TV AND RADIO
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      Page 1 Advertisements Column 4
      71 1 Times Bookshops See bark page eel 4 STANLEY LEASINGHAM At the Clare Leasingham Valley, nature conspires with man to produce a A wine that reauires Time to mature and be made precious deserves to be preserved. Like Stanley Beaujolais Now carefully stored in a wine cask So you can enjoy
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  • REGIONAL
    • Article
      Langkawi-based cement plant
      644 2 'FIRSTS' FOR MALAYSIA WHEN the Langkawi-based cement plant of Kedah Cement Sdn Berhad comes into being, it will score several firsts in major aspects of the Malaysian state's industrialisation programme. It will be the first heavy industrial project to be initiated by the Heavy Industries Corporation of
      644 words
    • Article
      Lock icon Finance minister to be Philippines' PM
      349 2 Reuter FINANCE Minister Cesar Virata yesterday won the nomination for Prime Minister of the Philippines under a new French-style parliamentary system during a meeting of the ruling New Society Movement (KBL) presided over by President Marcos. Presidential reporters present during the meeting said Mr
      Reuter  -  349 words
    • Article
      Lock icon Ieng Sary's views of talks
      234 2 AFP lENG Sary, Deputy Prime Minister of the ousted Democratic Kampuchea government, said in Tokyo yesterday that he did not expect much on the forthcoming United Nations-sponsored international conference on Kampuchea opening in New York on July 13. Mr Sary arrived in Tokyo yesterday on
      AFP  -  234 words
    • Article
      Lock icon INDONESIA, MALAYSIA TO ADOPT SEA TREATY
      202 2 AFP INDONESIA and Malaysia announced yesterday that they have come nearer to a formal treaty on the archipelagic principle which Indonesia, along with several other countries, has for years requested international bodies to adopt. The announcement was contained in a Joint statement issued at
      AFP  -  202 words
    • Article
      Lock icon KL gets loan of US$37m for land projects
      284 2 AFP THE W*rM Buk has approved a I S$T7 million loan to the Malaysian Federal Laid Consolidation and RehaMlltatloa Authority (FELCRA), a government agency for Its smallholder land improvement projects nnder the Fonrth Malaysia Plan. The projects, costing a total of $139.1
      AFP  -  284 words
    • Article
      Lock icon Beijing makes known its monetary statistics
      606 2 AP CHINA published its monetary statistics for the first time yesterday, reporting that it had foreign exchange reserves worth U552,262 billion and 12.8 million troy ounces of gold at the end of last year. On the international market, this gold would be worth about
      AP  -  606 words
    • Article
      Lock icon Strategic goods, but no arms for China
      188 2 UPI JAPAN, the United States and major West European Rations have reached general agreement to liberalise exports of strategic goods, except arms, to China. A Japanese economic newspaper, the Nihon Keizai. reported yesterday that the non-Communist nations' Coordinating Committee against the export of
      UPI  -  188 words
    • Article
      Changes in Umno policies unlikely
      226 2 THE RECENT changes in the top leadership of Umno may alter the action of the party in the implementation of its policies. Mentri Besar Haji Mohamad Yaakob, who said this yesterday, however added that the policies of Umno would remain the same. "The changes of
      226 words
    • Article
      KL urged not to ban Chinese medicines
      174 2 SINSEHS have urged the Malaysian government not to ban Chinese herbs and patent medicines just because they contain small amounts of toxic substances without considering their curative values. The sinsehs said they were worried that the ban of the herbal patent medicine gu
      174 words
    • Article
      Lock icon Simplest may be best in China trade deals
      456 2 UPI SIMPLE commodity trade is probably the best business opportunity in China today, but for American businessmen who seek direct investment, Beijing's modernisation programme opens the way through joint ventures and even wholly-owned subsidiaries. Chinese officials admit their new joint venture law
      UPI  -  456 words
    • THE REGION IN BRIEF
      • Article
        Lock icon PERTAMINA CUTS PRICE
        399 2 Agencies INDONESIAN state oil company Pertamina told Japanese importers it cut by US 25 cents a barrel the premium on Sumatran light crude shipped to Japan, Japan's Far Eastern Oil Trading Company said. The new premium from July 1 will be $1.25 a barrel, making a total
        Agencies  -  399 words
    • Article, Illustration
      SHIPS IN PORT
      482 2 EXPECTED ARRIVALS TODAY KEPPEL WHARVES Bunga Seta war (2100 after Labuan Hadji) 45A Chang Ting (after Xia Men) 91/32 Cherry (0800) 46 Inna (1800 after No 7 Do nam) 40/41 Kota Angkasa (0700 after Pahlawan) 10/11 Kota Sejati (after Kota Angkasa) 10/11 Kimanis (1000 after Perak) 20
      482 words
  • Page 2 Advertisements
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      Page 2 Advertisements Column 1
      268 2 This excellent book is only •31 Pir T' Vf S>\ fv THE WORLD What makes PHILIPS' ILLI/STRA TED A TLAS OF THE WORLD the most comprehensive, accurate and modern atlas now available? PHILIPS' ILLUSTRATED ATLAS combines maps, illustrations and text in a reference book that is visually exciting, very readable
      268 words
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  • OVERSEAS
    • Article
      Lock icon Begin may be able to form Israel's next government
      607 3 Reu ter, AP ISRAEL'S religious parties have raised their political price for supporting Prime Minister Menachem Begin, but his chances of forming a viable coalition government still look better than those of the Labour Party. Labour may command 50 Knesset seats
      Reuter,; AP  -  607 words
    • Article
      Lock icon Lower profit for Volkswagen
      452 3 Reuter VOLKSWAGEN (VW), West Germany's biggest car maker, yesterday announced a sharp drop in profit on last year's sales and said it saw no end to Japan's European export offensive. Mr Friederich Thomee, VW's managing director responsible for finance, warned the company's annual shareholders meeting of
      Reuter  -  452 words
    • WORLD IN BRIEF
      • Article
        Lock icon BUDGET DEFICIT
        408 3 Agencies US OFFICE of Management budget director David Stockman said the fiscal 1962 budget deficit is likely to be less than the US$45 billion the administration originally projected. Mr Stockman also said that long-term interest rates peaked in May and will steadily decline for the remainder of the
        Agencies  -  408 words
    • Article
      DAILY AIRCRAFT MOVEMENTS
      735 3 ARRIVALS Service Local Operator Number Time From BIAS MH601 0630 KUL MAS MH680 0645 KCH FT FT71 0700 JFTC/ORD/ANC/ NRT/TPE SIA SQ101 0815 KUL MAS MH811 0615 PEN MAS MH603 0630 KUL MAS MH671 1000 PEN/KUL SIA SQ201 1000 HLP CAL CB14 1006 HLP CPA CX710 1005
      735 words
    • Article
      Lock icon EEC tells Italy to take tough economic steps
      309 3 Reuter THE EEC Commission has urged Italy to adopt tough economic measures to curb its widening budget and trade deficits. The Commission also criticised Italy's emergency measures to limit imports, which it said could delay urgent and fundamental reform of the economy.
      Reuter  -  309 words
    • Article
      Lock icon US economy forecast to grow moderately
      282 3 Reuter THE US economy will show moderate growth up to the end of 1983 even if personal tax cuts are much smaller than those proposed by the Reagan Administration. This forecast was made by the Wharton Econometric Forecasting Associates in its quarterly forecast. The
      Reuter  -  282 words
    • Article
      Lock icon America monitors Soviet behaviour
      737 3 FUTURE RELATIONS AT STAKE NYT THE UNITED States has decided to inform the Soviet Union that it would regard its responses to proposals for resolving the Afghanistan and Kampuchean problems as a test of future East-West relations. Secretary of State Alexander Haig met Soviet ambassador Anatoly
      NYT  -  737 words
    • Article
      Lock icon IDLE OIL REFINERIES
      280 3 AFP UP TO a third of Western Europe's current oil refining capacity might never be used again because of unprofitability, Mr William Barrack, chairman of the British subsidiary of the American oil giant, Texaco, predicted yesterday. Speaking at an oil industry conference in London, Mr Barrack explained
      AFP  -  280 words
    • Article
      Lock icon Call for specific trade targets with Japan
      285 3 Reuter A EUROPEAN Economic Community (EEC) advisory body has recommended setting specific import-export targets for EEC-Japan trade. The Economic and Social Committee, grouping industry and trade union representatives, said such targets would be one way of getting trade on a more even keel.
      Reuter  -  285 words
  • Page 3 Advertisements
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      Page 3 Advertisements Column 1
      182 3 o The first major pictorial record r the Pilgrimage wfM ti The Haji, the great Muslim pilgrimage to Mecca, has never before been photographed in such magnificent colour and with such feeling. Now for the first time, Mohamed Amin, one of the world's great photographers and himself a Muslim, has
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  • RAW MATERIALS
    • Article
      Rubber price continues to decline
      263 4 RUBBER continued its decline this week as renewed stale bull liquidation in a market devoid of other features, depressed sentiment and prices a further 11' A cents, taking current One RSS down to 228 cent a kilo, as compared to 254 cents a fortnight ago.
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    • Article
      Japan to buy rice
      143 4 JAPAN has agreed in principle to buy 30,000 tonnes of glutinous rice from Thailand for July/August shipment, Oranut Osathanond, Deputy DirectorGeneral of the Foreign Trade Department said. The rice, 10 per cent long grain, is worth about $12 million, Mr Oranut said. Early this year, Japan
      143 words
    • Article
      WHEAT
      229 4 WHEAT futures in Chicago on Thursday closed down V* cent a bushel to up 2V4 cents, with most positions posting gains. Late local evening-up ahead of the holiday weekend accounted for extremely choppy price action, traders said. Most prices settled on the plus side due to continued quiet wheat
      229 words
    • Article
      Straits Tin
      79 4 THE STRIATS tin price in Penang yesterday firmed II cents to M129.M a kilo, still in the ITA lower range of $27.28 to $91.11, dealers said. The rise was attributed to steadier overnight London market, renewed baying from Europe, Japan and locally and lower offerings of tin. Buffer
      79 words
    • Article
      CLOSING PRICES
      34 4 Rubber: July 3 Singapore: July: 224.25 cents (down 3.75 cents) Malaysia: July: 241.00 cents (down 3.50 cents) Tin: M 929.00 per kilo (up 10 cents) Official offering: 185 tonnes (down one tonne)
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    • Article
      Lock icon Copper forecast
      161 4 Reuter A LASTING recovery on world copper markets is unlikely before autumn 1961, the HWWA Economic Research Institute said. It said there is a good chance of an economic improvement in Western industrialised countries in the autumn which will have an early effect on copper demand, as processors
      Reuter  -  161 words
    • Article
      RUBBER
      264 4 RUBBER prices in Singapore yesterday closed slightly easier with July One RSS buyers quoted at 3.75 cents per kilo, down 3.75 cents from Thursday's close, dealers said. Morning prices were marked down about five cents on easier London advices and lack of buying support, they said. Afternoon prices were
      264 words
    • Article
      RAS PRICES
      391 4 RAS prices In cents per kUo yesterday Noon (per klh» Buyers Sellers Int. 1 R.S.S prompt f o b. 220.00 221 OON Int. 1 R.S.S. July 224 50 225 50 Int. 1 R.S.S August 232 00 232 50 Int. 2 R.S.S. 210 50 *****N UK/Co* 209 50 210
      391 words
    • Article
      SSR and SMR
      111 4 NOON SSI i 1 y—mday RAS SSR20 SSR50 (1-toa pall* (1-ton palWl Jmlj (Cvriil Bayara 8< t) 203 50 1) ***** Mtk) •liar* 206 SON 203 OON Aafaal (Forward Mtkl Bayara Saliara ***** 20T50N ***** 206 OON MRELB SMR CV SMR L SMR SMR GP SMR 10
      111 words
    • Article
      Lock icon Malaysia's March rubber output
      237 4 Reuter PENINSULAR Malaysian rubber production fell to 90,402 tonnes in the wintering month of March from a revised 110,745 tonnes in February but was above the 82,832 tonnes in March last year, the Statistics Department figures show. However, January to March total production rose to 375,367
      Reuter  -  237 words
    • Article
      Lock icon Oilseed crushings
      51 4 Reuter JAPANESE oilseed crushings in May fell to 455.936 tonnes from 475,548 a year earlier and 479,784 in April, the Agriculture Ministry said. May crushings brought the total for the first five months of this year to 2.27 million tonnes, down from 2.37 million the same yearago period.
      Reuter  -  51 words
    • Article
      Produce exchange
      180 4 CHINESE Pradaee Exchange, Singapore, closing prices per 1M kg yesterday. Coeoaat Ml: Bulk fob $118.00 sellers, old drum (in second hand drum) fob $131.00 sellers, new drum fob $137.00 sellers. Copra: Mixed (loose) $70.00 buyers. Pepper: Muntok white pepper fob Asta NLW $377.50 sellers, Sarawak white pepper faq
      180 words
    • Article
      TEXTILES
      194 4 YARN and cotton prices were quoted as follows in Hongkong yesterday: (In HK dollars, spot ex-go-down) Cottoo yarn: China Blue Phoenix 20s 2.360 32s 2.880, 40s 3,015 (per bate of 400 lbs). Piece goods: China Butterfly and Globe brand unq; Dragon Head unq; Five Lamts unq; Flower and Butterfly
      194 words
    • Article
      RICE
      344 4 SINGAPORE: Yesterdays closing prices in S$ per Idlo, ex-godown: THAI WHITE: 100 per cent first class (Kangaroo) new crop 1.34, 100 per cent second class 1.08, 100 per cent third class 1.06, 25 per cent new crop no stock, B-10 per cent no stock. THAI BROKEN: A-super 0.80, Special
      344 words
    • Article
      LONDON MARKETS
      644 4 COFFEE: Robusta coffee futures yesterday closed between £9 and £12 lower after declining by up to £10, basis September, against the previous £767 close reflecting lack of confidence in the market, traders said. September closed at £763, near the middle of the morning's £20 range, after finding support
      644 words
    • Article
      SOYBEAN
      204 4 SOYBEAN futures in Chicago on Thursday finishet nuar the top of a^lO 1 cent range, up 3 cent a bushel- in spot July, to down as much as 3 S cents I/ other positions. %Late local short-c vering aheat of the holiday weekend rallied the spot position to the
      204 words
    • Article
      PALM OIL
      132 4 THE Kuala Lumpur market yesterday eased at the close on withdrawal of buyers, dealers said. Earlier trading was fairly active. July delivery in south and central regions eased Msls and $12.50 respectively to $1,070 per tonne and north $15 to $1,060. August delivery in central dropped $30 to
      132 words
  • ASIAN STOCKS
    • Article
      Share prices continue to rise higher
      471 4 TOKYO PRICES yesterday continued to rise on persistent selective buying in bargain priced blue chip 6, with many investors encouraged by slow, steady foreign purchases, dealers said. The market average gained 20.78 to 7,925.34, a record closing level, but below the high 7,945.27 registered
      471 words
    • Article
      Hongkong
      258 4 THE market yesterday opened lower in quiet trading. The prime rate hike in the US caused the early selling, but as soon as this was absorbed, the market began to recover lost ground. The Far East Group was among the early leaders. By the morning close, the index was
      258 words
    • Article
      Sydney
      364 4 THERE was heavy turnover in Myer Emporium shares on talk an Asian group was looking for a foothold in Australia's biggest retailer, but trade elsewhere was dull on news of further rises in US prime rates and another fall in gold prices, dealers said. Myer shares produced one of
      364 words
    • Article
      Bangkok
      108 4 STOCK prices yesterday closed mixed in weak trading, dealers said. Saha Union rose one baht to 152, First Trust gained 0.50 to 50.50, while Thana Siam fell 0.50 to 87 and Bangkok Bank closed unchanged at 250 baht. JULY OS Bahta Aata Pita Ajuthajra In*. And Tr««* Banc*ok Bulk
      108 words
    • Article
      Manila
      72 4 JULY Pmoi Acojc Mining mm uncb Atki Coo AUu Con a BafuJo Ootd Bnntt Con B BF Ooodrtch CDCP MM 41 ■Bdt -4 W 1U> IJ fU Uodotl in •u Ortnltl A Oriental B Ml oaeb Phil Oiiiiiii jm unch PhUax A PbUu B 11 infh PlOMir JOB -UH9
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    • Article
      Selected indices
      52 4 FINANCIAL TIMES INDUSTRIALS Thursday 545 9 Wednesday 548.7 Week Ago 544J) DOW JONES AVERAGE INDUSTRIALS Thursday 956 19 Wednesday 987.86 Week Ago 996.77 H.K.HANG SENG Friday 1745.72 Thursday 1727.78 Week Ago 1707.57 AUSTRALIAN INDUSTRIALS Friday 756.1 Thursday 754.4 Week Ago 751.9 ALL ORDINARIES Friday 701.1 Thursday 701-3 Week
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    • Article
      TOSHIBA FORECASTS PROFITS
      129 4 TOSHIBA Corp said it expects its consolidated net income for the year ending next Mar 31 to rise slightly to about 52 billion yen from 50.17 billion the preceding year, on sales up to about 2.30 trillion from 2.10 trillion. Toshiba, whose shares are listed on the
      129 words
  • Page 4 Advertisements
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      Page 4 Advertisements Column 1
      303 4 What will your Children become? Chemist/Analyst Doctor Laboratory Assistant Metallurgist Technician Computer Programmer Meteorologist Engineer Draughtsman Physicist Architect Designer Sociologist Accountant jYoung minds absorb knowledge. All the learning in Time-Life Books is the foundation upon which useful lives are built. Do you want your family to have this benefit? The
      303 words
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  • TRADE AND INDUSTRY
    • Article, Illustration
      Field day for exhibitors
      349 5 MORE Singapore contractors are mechanising their operations, judging by the number of equipment sold recently. Most of the equipment were introduced here for the first time by some of the world's largest manufacturers of building equipment at the recent Imac/Conpex-Asia '81 exhibitions. Manitou of France sold
      349 words
    • TRADE TALK
      • Article
        THE medical industry
        123 5 has grown sharply in the past years. Output of the industry rose from a mere $5.5 million in 1977 to $28 million in 1979. Growth rates in the industry will remain high in the coming years, said Dr Tay Eng Soon, Minister-in-charge and chairman of the Vocational
        123 words
      • Article
        SINGAPORE
        196 5 has a good chance of winning a few prizes in the South-east Asian diamond design competition this year. This optimistic note was struck by Mr I Pinsler, honorary secretary of the Diamond Importers Association of Singapore, a co-spon-sor of the contest. He said the Association received 61 entries 23
        196 words
      • Article
        THE Canadian Post Office
        32 5 has advised that as a result of a nation-wide postal strike, all mail services (including Speed post mail) to and from Canada have been suspended until further notice.
        32 words
      • Article
        THE US Ambassador
        145 5 to Singapore, Mr Harry E T Thayer, will open an exhibition of American industrial products called AmproAsean '81 at Mandarin hotel on Monday. The largest US commercial exhibition to be held in Singapore in recent years, Ampro-Asean '81 will include products in aviation and avionics; computers and
        145 words
    • Article, Illustration
      PEOPLE IN BUSINESS
      175 5 SIM Lim Finance has appointed Mr Stephen Kwik Siong Han, a chartered accountant, as its executive director. Mr Kwik also sits on the board of its parent company, Sim Lim Investments. Mr Eric Stanley and Mrs Seow Bee Yen have been appointed to the board of Ogilvy
      175 words
    • Article
      Cars take the centre stage
      406 5 MORE than 30 exhibitors are displaying the latest products in the car industry at the Automobile and Accessories Show '81 which opened at the World Trade Centre yesterday. Although the exhibition, organised by the Automobile Association of Singapore and the National Safety Council of Singapore,
      406 words
    • Article
      1973
      33 5 SINGAPORE National Printers, which competes on a commercial basis in the printing market though it is wholly-owned by the government, installed its photo-typesetting facilities in 1973 and not 1873 as reported yesterday.
      33 words
    • Article
      MEMO PAD
      565 5 SEMINARS AND COURSES June 12-July 6: CDP Module 5 (Computer Management), NPB Cuppage Centre, NPB June 15-July 17: EDP I (Business Management) Module HI Managerial Accounting and Finance, NPB Cuppage Centre, NPB June 15-July 29: EDP n (Personnel Management) Module m Wage and Salary Administration, NPB Cuppage Centre,
      565 words
    • Article
      Seminar to kick off month long safety campaign
      188 5 THE Factory Inspectorate of the Ministry of Labour and the Woh Hup group will hold a safety seminar for construction site workers at President Merlin hotel today. The seminar will be the start of a month-long safety campaign organised by the two
      188 words
    • Article
      On materials planning
      84 5 THE National Productivity Board will be conducting a seminar on "Material Requirements Planning" at Shangri-la hotel from July 9 to 11. The seminar will help participants gain insight into the principles and methods of material requirements planning. The seminar is suitable for manufacturing, materials, and production control
      84 words
    • Article
      Spin-offs from electronics
      455 5  -  By RICHARD SEAH THE rapid growth of Singapore's electronics industry has created an equally fast expanding market for equipment and materials used in the production of electronic components. Import of materials and equipment for the industry is expected to exceed $250 million by 1984. The bulk of
      455 words
    • Article, Illustration
      KALMAR MAKES HEADWAY
      235 5 A SWEDISH manufacturer of forklift trucks, Kalmar LMV, has made much headway in the Asian market through its newly-formed representative office in Singapore. Established in January this year, Kalmar LMV's Singapore office has secured orders worth about $7 million for the delivery of 12 forklift trucks. The
      235 words
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      Page 5 Advertisements Column 1
      5 5 Duration, Title, Veaie and Organiser
      5 words
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      Page 5 Advertisements Column 2
      175 5 The Straits Times Directory of Singapore The tab on vour business connection of over 5,000 names and addresses! The general business listing of the Straits Times Directory or BuXu Mer&h (as we are also known) is a compendium of names and facts you ought to know For instance, if you
      175 words
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  • Article
    Even the best can go bust
    397 6 IN THIS day when business in Singapore seems so bouyant and businessmen so confident and forward looking, the fall of a giant like Rollei serves as a salutary lesson. It is the simple lesson that businesses can go bust, and will go bust even
    397 words
  • Article
    Quick decision is called for
    312 6 FOR THOSE people working and living in the vicinity of Tanjong Pen jura Road, news that the Building Control Division has stopped Gatx Terminals from building three more petrochemical storage tanks must have added to their anxiety. By doing so, the BCD has confirmed their
    312 words
  • Article, Illustration
    Lock icon Stamp market not licked yet
    717 6  -  By GUY COLLINS Reuter BRITAIN'S royal wedding has come as a welcome tonic to the international stamp market, which is just recovering from a price slump that saw stamp values fall 30 per cent in late 1979 and early 1980. More than 70 countries are
    Reuter  -  717 words
  • Article
    Lock icon Dreyfus an old hand in industry
    750 6 FT ONE of the most significant reshuffles in the new French Government was the replacement of M Pierre Joxe as Industry Minister by M Pierre Dreyfus. Joxe has the reputation of being the most rigorously Marxist politician at the top of the Socialist Party.
    FT  -  750 words
  • Article, Illustration
    Lock icon WHO'S HU IN CHINA
    960 6 NYT IN 1941, a 26-year-old communist political officer named Hu Yaobang was assigned to work in the 11th army group of the Red Army, operating in the arid Taihang mountains in the northwestern part of China. There, he was thrown together with another political commissar 11
    NYT  -  960 words
  • Article, Illustration
    'Nice guy' finishes first in Dublin
    776 6 DURING the recent parliamentary election campaign, Garret Fitzgerald was at a rally one day in the pretty little coastal town of Bray, about to speak to an expectant crowd of supporters. The politician introducing him described him as a man born and bred in
    776 words
  • Page 6 Miscellaneous
    • Miscellaneous
      Page 6 Miscellaneous Column 1
      619 6 I -11-OVE CROSSWORD u CRYPTIC PUZZLE ACROSS I Take-off base for a chopper! (5) 6 Land in the sea (5) 9 Mended the grid that was broken? (7) 10 It's fine to have some grub to eat (5) II What a musician has little room to love? (5) 12 Craze
      619 words
    • Miscellaneous
      Page 6 Miscellaneous Column 2
      24 6 this is boddv tous ,th£ i ftosr 6ov J come ON—vu. swow) vsou 7 kCSL DoeSN'T mATTfcK...THG ONLV/ uefe.v€jß do is ok the. orTneurr...
      24 words
    • Miscellaneous
      Page 6 Miscellaneous Column 3
      568 6 Good old-fashioned Western FOB A GOOD j—h—, there to Vegas Westers ea a Batariey ul The Marie Osaaemd after——, Stewart Onager Shew. Vegas is a better bet —tt dees —t try t— hvi Is be ta ber shew tealgbt Naasely, Aaiy WUllaaas. Tbe beet pert at tbe ereatag is yet
      568 words
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  • Article, Illustration
    FRENCH MERIDIEN ON THE HORIZON
    1365 7 HOTEL INDUSTRY WHEN YOU keep up with the Joneses, you indulge in one-upmanship, and whether it be a question of lifestyle, taste or purchases, one-upmanship is highly apparent all around us. Well, the case is no different with companies, particularly airline companies. When it is
    1,365 words
  • Article
    Lock icon Ours is now to reason why
    828 7  -  FORUM With FLORA LEWIS NYT US Representative Millicent Fenwick (Republican, New Jersey), turned yet another conference on EuropeanAmerican relations held in Strasbourg this week into an important sounding board. The talk had droned through the usual themes about missiles and interest rates and the
    NYT  -  828 words
  • Page 7 Advertisements
    • Advertisement
      Page 7 Advertisements Column 1
      428 7 e m V >.' rm ISM l r'T m HiSfrasKi Fl\ WINDOWS AT TIITANYS Sir,". i iT w |UM language I* Stfr? T*. ODE Abrams ARTBOOKS Asdectkmof 3greatworiiS THE LANGUAGE OF GRAPHICS This dazzling collection brings together an extraordinary display of graphic design, from its early beginnings to the present
      428 words
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  • INTERNATIONAL STOCKS
    • EUROPEAN MARKETS
      • Article
        Paris
        268 8 JULY OS Frs CORBEILLE Alr-UquJde B S N Oernls Danone C8F < ThomsonCif) Cle Francalse des Petroles Compagnle Financier* Compacnte Oenerale Credit Foncler De France Hachette (Ubrmirle) Machines Bull Mtchelln (B). Parlbas Pechlney Clglne Kuhlmann 416 990 1S3 9tod MB 287 272 3X80 738 178 82.80 -2 +15 -8.6
        268 words
      • Article
        Brussels
        91 8 JULY 02 rr» forward market Acec Arbed Aitur Brucui BniUmS Ctnpac Cock Or Been Ebei Electtobel Ob-Inno-Bm Oe» Hobok Petto Ryl Dutch Stdro 8oc Oen Belg Sofln* Solvmj A Tanks U Mtn V Mont 274 1140 345 1214 1100 1520 191 205 1300 2800 1810 1372 2100 4010 1282
        91 words
      • Article
        Frankfurt
        227 8 JULY 02 Dm Acf-Telcfunken 44.10 Akao 22 70B All* Leben AIU Vers 1130 00 «C30 15 1 BASF 133.00 13 Bay H T Wbank Bay V ban It 185 50 27V 00 15 -0-5 Bayer 131 50 -03 but 778 00 4 BMW 196 30 -0-2 Caaaella Chem Verv
        227 words
      • Article
        Amsterdam
        176 8 JULY 08 ru ABN 304 50 >4 Ahold 73J0 -04 Ak*o 25.50 0J AMEV 66.60 -08 Amfu 102.00 unch Amrobnk 54.40 -0.7 Bergoes Berk 36 JO 46.60 -0.6 -0.3 BoU 62.00 unch Borsumtj IT* 00 -1 Burhmann 5600 *■0.8 Caland 38-50 0 2 Calve Delft 196.50 -AJb Dell Mlj
        176 words
      • Article
        Zurich
        185 8 JULY OB Pranc* Actions Sullen 382 Aiusuiaae Br. 1015 -10 Alumnae Rcf 380 unrh Brown Bo**rl Br 1375 -10 CI be Oel«y Br 1280 -10 Clba Oetor PC 905 -10 Clba Oelfj Re« sao -J Credit Sulaae Br 2150 -20 Credit Suliw Rcf 386 lined Elektrowatt Br 2480 10
        185 words
      • Article
        Milan
        111 8 AJ woe Ocn IW *****0 uncn -2100 I. a OWOfl pntr*J« ISO «WI -13 -4)0 n ■t I on* -75 PlnMder 10 -4 75 Oen lmmob TWW u It n pti 1 MOO -?S® II It AlXU ttaMar~~ <0900 USD -510 -90 M t|KU M Pf *M -14 M
        111 words
      • Article
        TORONTO
        196 8 JULY 02 a AblUM Alcan 33*. Alfom* 41 unch Bank Mont rr« unch Bank Not* Scotia Ik Bell Tel Beth Corp BP Can Lid. Braacan »<• -H Camp Red Lake 17S Can Imp Bk 28 n H Canpar 44«i -H Can par In» Pf Carting OTCeefe 7* unch Comtnco
        196 words
      • Article
        JOHANNESBURG
        303 8 JULY OB Rand INDUSTRIALS A Alpha 386 391 -s Abcrcom -3 AE And CI 790 unch AMIC MOO unch Barlows 910 -10 Cf Sugu CNA 1000 0X16 unch unch Currte Flnanc* 215 De Beers Ind ***** unch Edcon i >30 unch Editri 7900B unch Evcreadr Fed Vol* 300 unch
        303 words
  • Page 8 Advertisements
    • Advertisement
      Page 8 Advertisements Column 1
      624 8 See Page 4 for Asian stocks and Page 9 for NYSE prices "The American Express Card serves EWaiiid you well, wherever good food is served" i The Great Famfly Do-ltAtxirself Barbecue. I I y n it* ij&y. wtf> JH i i 5 3 rT'l A Merlin (>3l Speciality From Mongolia
      624 words
    • Advertisement
      Page 8 Advertisements Column 2
      201 8 restaurant presents Wednesday Fashion at 1.15 p.m. Try our sumptuous Hunan delicacies at no extra charge HAIR STYLIST MAKE-UP:-FIRST LADY BEAUTY HAIRDRESSING COLLEGE 412 A 414. 415, PENINSULA PLAZA COL EM AN STREET. SI NGAPORE 0617 TEL: *****90 MODELS: Si RICHARD TAN MODELLING p TRAINING CENTRE A I SUPPLIER (S)
      201 words
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  • BANKING AND FINANCE
    • Article
      Singapore market
      495 9 THE US dollar remained firm against the major currencies on the Singapore foreign exchange market yesterday. Against the Singapore dollar, the US dollar opened at 2.1530/40, a higher level than Thursday but it slid down to 2.1500/10 at the close. At the peak it recorded 2.1560. liMrtdk tonrart
      495 words
    • Article
      TOKYO
      147 9 THE dollar for overnight delivery yesterday closed slightly firmer at 227.05 yen compared with a 226.90 opening here, a 226.80/95 close in New York and 226.85/227.00 on the West Coast on Thursday, dealers said. However, this was below the 227.30 close here on Thursday. Trading was light with volume
      147 words
    • Article
      PLR
      22 9 THE average rate at which major Singapore banks are currently prepared to lend to their best customers is 13.5 per cent.
      22 words
    • Article
      ASIAN $
      174 9 ASIAN ASIAN currency deposit interbank rates as at close on July 3. US DoUan(Spol) Offer Bid 7 days 19'* 19 1 month 19 15/16 19 13/16 2 months 18% 18% 3 months 18 7/16 185/16 6 months 18 17% 0 months 17 16% 12 months 1613/16 1611/16 8w.Fr*. Dm (Middle
      174 words
    • Article
      Discount
      47 9 RANGE of prices offered by discount houses on July 3: Overnight: to Call deposits: 5% to Closiaf Bayiaf SelliM 3-month Treasury bills 6'/k 6 3- month Bank bUls 13 1/16 12 15/16 3 months CD 12H 12 6 months CD 121/16 1115/16 Source: National Discount Co
      47 words
    • Article
      Treasury bill tender
      51 9 RESULTS of tender held yesterday for 91-day Treasury bills to be issued from July 6 to July 8: Offered: $110,000,000' Applied far: $186,500,000. AMM: $110,000,000. Accepted bids: $96.40 approximately 52 per cent and higher bids in full. Average rale ti dliewut •a allotment: 6.180 per cent per
      51 words
    • Article
      Frankfurt
      38 9 FRANKFURT exchanges opening quotes on July 3: US 2.4075/90 Stg 4.542/552 Can 2.0018/44 D F1 89.87/96 S Fr 116.26/43 Ut 2.009/14 F Fr 41.96/42.03 N Kr 39.77/80 B Fr (c«») 6.094/102 B Fr (fin) 5.844/854 Yen -1.0617/29
      38 words
    • Article
      GOLD
      231 9 SINGAPORE gold futures yesterday closed firmer compared with overnight levels after fluctuating marginally throughout the day in light trading, dealers said. Total sales for the day was recorded at 41 lots while kerb volume at 75 lots. Prompt closed higher at U*****.50/415.50 an ounce against 409.50/412.50 on Thursday, August
      231 words
    • Article
      Silver quotes
      41 9 New York 8 4GB 8 35B 8 SOS 8 55S Zurich 8358 8 SOB 85SS 8 70S m Tkan Singapore 8«B 8 25B 8 60S 8 45S Closing price* in US dollars a troy ounc Source: Credit Suisse, S'pore.
      41 words
    • Article
      HONGKONG
      168 9 THE US dollar yesterday held steady against most major currencies in late trading, after easing slightly yesterday morning on profittaking, dealers said. Trading was generally quiet ahead of the long weekend holiday in the US, while movements in US interest rates remained the major market factor, they said. Sterling
      168 words
    • Article
      LONDON
      235 9 THE dollar yesterday steadied but sterling finned at the opening in quiet trading, dealers said. They said the dollar remains underpinned by high US interest rates, while sterling opened at $1.8865/ 75, unchanged from Hongkong's late level though it then firmed to $1.8907/17. The dollar opened at 2.4110/20 marks
      235 words
    • Article
      Lock icon Rates in US determine trends in Europe
      436 9 Reuter THE FUTURE trend of interest rates in the major Western economies hangs essentially on the behaviour of US interest rates. The general consensus among economists and bankers in major financial centres is that US rates will decline in the short term before
      Reuter  -  436 words
    • Article
      POSB RATES
      61 9 The POST Office Savings Bank has increased its interest rates. For all balances up to $100,000, the new rate is now 9 per cent and for balances in excess of $100,000. the rate is 6'? per cent, both up by per cent. The new rates were effective from
      61 words
    • Article
      Consulton organises tour to study banking systems
      322 9 CONSULTON Research Bureau and the Tokyo-based Technology Transfer Institute of Japan are organising a tour to study Japanese banking systems in October. The study trip comprising five intensive working days of discussions, technical visits and seminars will probably be restricted to 30 participants
      322 words
    • Article
      Offshore branch for Belgian bank
      444 9  -  By WONG AI KWEI THE LAST of the seven shareholders of the European Asian Bank, Societe Generate de Banque (SGB), will finally set up its own offshore branch here in September. SGB, Belgium's largest bank, has chosen Singapore as its first branch in ASEAN to
      444 words
    • Article
      Stocks close broadly lower
      867 9 NEW YORK MARKET A RISE in the prime rate and some other short-term interest rates pushed the New York stock market broadly lower for the sixth straight session on Thursday. The Dow Jones industrial average ended eight points lower, bringing the decline for this holiday-shortened week
      867 words
  • Page 9 Advertisements
    • Advertisement
      Page 9 Advertisements Column 1
      549 9 NOTICE MALAYAN UNITED INDUSTRIES BERHAD (Incorporated in Malaysia) J.!*]. I'JLm.i NOTICE IS HEREBY GIVEN that an Extraordinary General Meeting of the Company wM ba held at Tha Aaaan Room. Holiday Inn. Jalan Plnang. Kuala Lumpur on 27th July 1981 at 11.00 a.m. for tha purpoaa of conaidering and if thought
      549 words
    • Advertisement
      Page 9 Advertisements Column 2
      325 9 Pumell's Pictorial Encyclopedia of Nature This lavishly illustrated volume containing a wealth of information in a new approach to children's nature encyclopedias. The book has been specially written and designed by experts to encourage an interest in nature by first introducing the reader to the animals that are easy to
      325 words
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  • Article
    BUSINESS DONE ON THE SES AND THE KLSE
    1722 10 BID and offer prices officially listed and business in and reported to the Stock Exchange of Singapore yesterday, with the number of shares traded shown in brackets in lots of 1,000 units, unless otherwise specified. SECTION ONE INDUSTRIAL A COMMERCIAL Aema (3)
    1,722 words
  • Article
    Unit trusts
    185 10 SNGAFOtt UNIT TBUBT DIAMOND MOTl rrou (MlHW' prim The Commerce tar Jal 1) 404 4.25 (WMfM- pneaa Mr j*i Diamond S'pore Fd US®The Savings Fund 29 241 17 1.08 S'pore Prog Fund S'pore Sac. Fund S'pore Invest Fund LTT 1* SS2 OS 2.20 2.17 2.11 15M71*d/ INCOMK BOND
    185 words
  • Article
    SHARE INFORMATION SERVICE
    2779 10 1981 Hick Low Coaipaay Last Sale Gr's Gr* a Net Div Dlv Y1d P/E Vol Day for- Cvr COOO) High Low SECTION ONE INDUSTHIAL COMMERCIAL 494 340 312 420 200 470 no 875 430 320 Acma Alcorn 130 Allied Choc 161 BAT 330 Bata 110 Ben 300
    2,779 words
  • Article
    In Kuala Lumpur
    1743 10 BID and offer prices officially listed and business in »«<< reported to the Kuala Lumpur Stock Exchange yesterday, with the number of shares traded shown in brackets in lots at 1,000 units, unless othernna f,lft j, .1 wise specinea. DTOUrnUALfI Ainm (4.106) (2) 430 (1) 4 18
    1,743 words
  • Article
    COMPANY MEETINGS
    188 10 RALEIGH Cyelea (Malayrt») Betted: AGM to be held at Jalan Perbadanan 3/ 5 Shah Alam Industries Estate, Selangor or July 10 at 11 am. f PEOI Maiayata Berhad: AGM to be held at the 17th Floor, Komplek Kewangan, Jalan Raja Chulan, Kuala Lumpur on July 14 at 9
    188 words
  • Article
    Market waits for bullish developments
    715 10 SENTIMENT was aolxed as toe market waited expeetaatly far ballisi eveats to take plaee to a aaasber at eempaales which were temjerarily saspeaded yesmeats. Tradtog la MUI, Hetel Malaysia, Mlag Ceart, Yes map Beag (8), Paa Electric aad Aema stopped temporarily while ether eeaaters ceattaaed
    715 words
  • Article
    Falls across the board in KL
    551 10 SHARE prices again fell across the board as sentiment continued to deteriorate at the Kuala Lumpur stock market yesterday. Prices began to slide back from the opening bell. Sellers continued to maintain their grip throughout the day, lowering prices broadly. At the close, losses
    551 words
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  • COMPANY NEWS
    • Article
      Sharma tells court he was tricked by Datuk Loy
      573 11 BUSINESSMAN Datuk K K Sharma, 41, told the High Court on Thursday that the deputy chairman of Central Securities (Holdings) Bhd, Datuk Loy Hean Heong, tricked him into believing that he would get a loan of $7 million. "Datuk Loy never
      573 words
    • Article
      Hongkong Tin's interim profit falls
      233 11 THE pretax profit of Hongkong Tin fell to M54Q2,000 from $441,000 previously for the half year ended March 31, 1981, despite a near onethird increase in turnover to 17.0 million. Reviewing mining activities for the first half, directors note that, "Operations in the estate section
      233 words
    • Article
      Chevelina's request not recognised
      201 11 AS CHEVELINA is not a registered shareholder of SPP, its requisition for an extraordinary general meeting has not been recognised. But SPP yesterday disclosed that on June 15, it received a second requisition (with resolutions identical to the first) from Societe Generale Nominees (S), Asia Commercial
      201 words
    • Article
      MUI to pay less for land
      300 11 THE PURCHASE of a 6,915 sq m site in Penang will now cost Malayan United Industries slightly less than three-fifths the original amount. Instead of $6.25 million, MUI will now pay only M 53.24 million for the piece of property known as No 87,
      300 words
    • Article
      MCB still concerned over rising costs
      398 11  -  By THE CITY STAFF RISING costs, particularly of paper and other raw material fuel and labour, will be of "continuing concern" at the Malaysian Containers (1974) Bhd (MCB) group in the current year. Group chairman Tan Sri Kamarul Ariffin, in his latest annual report,
      398 words
    • Article
      Selprop making inquiries
      145 11 IN REPLY to a query from the Kuala Lumpur Stock Exchange on its proposed property purchases, Sela rigor Properties said it has been making inquiries In the normal course of business to expand activities and increase investments. But these are still in the preliminary stage and nothing
      145 words
    • In Hongkong...
      • Article
        GROUP
        125 11 consolidated net profit of Bslb Cbsag HsM lags (HK) was HK$4l.5 million ($15.7 million) for the year ended March 31. Extraordinary profit was $73.3 million (nil) on the new issue of shares in its subsidiary, Hsin Chong properties. The earnings per share before extraordinary profit was 58 cents (22
        125 words
    • Article
      KLSE queries Genting Bhd
      301 11 THE KLSE has asked for more information from Gen ting Berhad relating to the acquisition of Ko Rubber Plantations Pte Ltd. Genting has already entered into a conditional agreement with several parties to take over Ko Rubber's entire issued share capital of 60,007,500 shares. The KLSE
      301 words
    • Article
      Pan-Electric loan stock
      84 11 PAN Electric Industries has revised the conversion rate for its 9V« per cent convertible loan stock due in 1987. The loan stock may now be converted at the rate of $1.26 for each ordinary share of 50 cents. The revision follows the one-for-four bonus issue approved by
      84 words
    • Article
      COMPANY BRIEFS
      109 11 BOVB 8—eaat Aria has been queried by the Kuala Lumpur Stock Exchange (KLSE) on its proposed takeover of ailing Belmont Centre in Kuala Lumpur. The query concerns a report in a Malaysian newspaper that the takeover may not go through in favour of Bo vis. Bovis replied that
      109 words
    • Article
      Computerisation move by Tan Chong
      439 11 IN THE face of keen and rising competition from imitation products in the motor vehicle industries, Tan Chong and Sons has made a "particularly opportune" move in computerising its spare parts and accessories department. This point was highlighted by the general manager of Nissan Motor
      439 words
    • Article
      Fima Metal Box likely to perform better
      258 11 METAL BOX Bhd is expected to turn in a better performance in the new financial year now that it has completed its restructuring. The group, recently renamed Fima Metal Box Bhd through its takeover of Malaysian Can Company from Kumpulan Fima, reported a
      258 words
    • Article, Illustration
      Man behind Pegi
      561 11 EOTSSB: A SEASONED businessman and politician perhaps that best describes Mr Abdul Ghafar Baba. At 56, the re-elected vicepresident of the United Malays National Organisation (Umno) has a wealth of experience behind him that has earned him the reputation for being a "shrewd politician, millionaire businessman, election
      561 words
    • Article
      RESULTS DUE
      282 11 Date LMt Fall Yea CMnpMy PerM ilMwmd Net EPS Gtms Pre-tax hit year (eeate) Dt%. Prefit <n»> A Hltam Tin I 4/3 123.9 205.0 22,028 K L Industries F 1/5 0.4 218 Kesang Tin F 5/5 64 Public Bank F 15/5 27.2 7.5 5,442* H Msia I 31/5
      282 words
    • Article
      DIVIDENDS ANNOUNCED
      669 11 Carreat Ex Baafca Date Teteltar TataJ far Payaeat Date Claae Payahte Ike year Prevteaa y API 3%TE Jun 10 Jun 22 Jul 13 3%TE Aeaa 15%<b) Jun 23 Jun 30 Jul 9 15% 14.5%{a) Alcoa 5* Jun U Jun 23 Jul 15 10% 12% Ap*U« n Jun 22
      669 words
  • Page 11 Advertisements
    • Advertisement
      Page 11 Advertisements Column 1
      228 11 [NOTICE J X MALAYAN UNITED INDUSTRIES BERHAD (Incorporated in Malaysia) NOTICE OF EXTVtAOMNNAIIY GENERAL MEETING NOTICE IS HEKIY GIVEN that an Extraordinary General Meeting of tha Company w« ba held at Tha Aaaan Room, Holiday Inn, Jaian Ptnang. Kuala Lumpur on 27th July 1981 at 10.00 a.m. for tha purpoaa
      228 words
    • Advertisement
      Page 11 Advertisements Column 2
      135 11 Your executives can drive bettercars and cost you even less. Here's where we come in. We have a fleet of Ford Granada Ghias for short or term rental. Rent one or rent a dozen. With no capital outlay. And because we are Ford distributors, every car in our fleet benefits
      135 words
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  • Article
    CPF collection amounts to $2.3 billion
    483 12 THE CENTRAL Provident Fund continued to amass funds to provide workers with their nest eggs when they retire. Last year, the CPF collected almost $2.3 billion from members. Compared with 1979, this was an increase of 31 per cent. Both the adjustment in the
    483 words
  • Article
    Postgraduate studies centre for NUS
    175 12 THE NATIONAL University of Singapore will soon establish a Centre for Postgraduate Educational Studies, which will be oriented towards doing research on the teaching and learning of languages. The centre, working closely with the Ministry of Education and the Institute of Education, aims to improve
    175 words
  • Article
    Another milestone for Inchcape Bhd
    565 12  -  By KOH TSE YING FURTHER review and rationalisation of Inchcape Bhd's business has resulted in a few important decisions. The first involves Inchcape Malaysia Holdings (IMH), wholly-owned subsidiary of Inchcape Bhd (IB). In its announcement yesterday, IB said that a review of IMH's current year's
    565 words
  • Article
    Lock icon MEXICO'S OFFER SURPRISES JAPANESE
    156 12 UPI JAPANESE trade officials were surprised this week by a Mexican offer to triple their current supply of crude oil, a government source said yesterday. It was unclear whether Tokyo would accept the offer. Rokusuke Tanaka, Minister of International Trade and Industry, told Prime Minister Zenko
    UPI  -  156 words
  • Article
    Lock icon Developing nations are faced with heavy debts
    357 12 AP, Reuter TOTAL debts of non-oil producing developing countries may reach US$lOO billion this year and for some of them the debts have become intolerable. Jacques de Larosiere, managing director of the International Monetary Fund (IMF) told the United Nations Economic and Social
    AP,; Reuter  -  357 words
  • Article
    Lock icon Dollar mainly higher as gold falls further
    272 12 AP THE DOLLAR, still riding high on US interest rates, moved upwards against most major currencies in early trading yesterday, although sterling made a slight recovery. Gold prices, falling all week, opened lower. Silver, which plunged to a two-year low of US$B.45 an
    AP  -  272 words
  • Article, Illustration
    Petrochem storage tanks
    201 12 GATX has had a clean record in its 40 years of handling VCM and chances of a tank explosion and fireballs stretching for hundreds of metres are "one in a million". The tanks have been designed to minimise the possibility of oxygen, which is necessary for combustion,
    201 words
  • Article
    Lock icon Polish leader announces major Cabinet changes
    412 12 UPI POLISH Prime Minister General Wojciech Jaruzelski announced a major Cabinet shake-up on Thursday which involved the firing of eight ministers and a restructuring of the economic-related areas of government. Eleven economic-related ministries were cut back to six in an attempt to streamline bureaucracy
    UPI  -  412 words
  • Article
    PROPOSED MERGER OF ACMA, PAN-EL SUBSIDIARY
    277 12 Frwa tnmt p*ge ladastry Caaaell far exemption tram nuking a fall taheover Md, with the resalt that Acma waaM became aa associate compaay af the Paa-El 'graap. The prapaaed tle-ap, laag rumoured aad freqaeatly dlaeaaaed la maaafaetarlag aad stack market circles, Is felt ta
    277 words
  • Article
    Top team elected to new industrial union's council
    219 12 THE executive council of the first industrial union to be formed in Singapore will feature a high-powered team of politicians-cum-unionists. Among the 22 council members of the National Transport Workers' Union (NTWU) will be Dr Tony Tan, the Trade and Industry Minister;
    219 words
  • Article
    LONDON STOCKS
    829 12 LONDON, Fri An uneventful week closed on a quiet and steady note in stock markets today. The Financial Times index at noon was up 0.9 points at 546.8. Government stocks perked up a quarter with the pound. News of the new index-linked stock after the official close was
    829 words
  • Page 12 Advertisements
    • Advertisement
      Page 12 Advertisements Column 1
      2 12 Leader...page I
      2 words
    • Advertisement
      Page 12 Advertisements Column 2
      270 12 August 17-21,1961 OBJECTIVES To give participants: a thorough understanding of management consultancy and of the role of the management consultant, what he does and in what circumstances he should be used, knowledge of all aspects of how to carry out successful management consultancy assignments, an understanding of the consultancy knowledge,
      270 words
  • Page 12 Miscellaneous
    • Miscellaneous
      Page 12 Miscellaneous Column 1
      64 12 i Outlook for Singapore from 6am to lpm today: Fair except for showers in a few places. Report for 24 bears prior to 7J9 pm on Jily 3 at the airport. Maximum temperature 33.4 Associated humidity 49 Minimum temperature 27.0 Associated humidity 87 Hours of sunshine 10.90 Rainfall in millimetres
      64 words
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  • LEISURE TIMES
    • Article, Illustration
      Papineau's South-east Asia guide books
      346 13 Title: Papiaeao's Gaide to Singapore, Malaysia, Tkailaad, Jakarta, Haagktng, Philippines (1181 aeries). PaMlaher: MPH Reviewed by TBANG SAU YIN IT SEEMS almost unfair, but the first impression one receives when handed one of Papineau's guide books on South-east Asia, 1981 series, is its close resemblance
      346 words
    • Article
      BOOK REVIEW
      135 13 The similarities end here. The higher degree of comprehensiveness, the quality of the pictures, style of text and letting no advertisements intrude into the run of things, give Apa the lead. Apa goes for a more lyrical, literary style combined with a coverage that almost equals, someone once
      135 words
    • Article, Illustration
      TANJONG JARA
      753 13  -  Your time is your own at this serene holiday resort in Trengganu, about 500 kilometres from Singapore. It's just right for a relaxing weekend of sun and sand. If that's not enough, the drive up the east coast of Malaysia itself adds to the pleasure of the trip,
      753 words
    • Article, Illustration
      TRY THIS ENGLISH DISH AT THE SUPPER CLUB
      402 13  -  PETER WONG WHEN you are at the Mandarin Hotel, why not drop by for an "English" treat. There are only two places in the hotel which provide this treat one at the Kasbah and the other at Belvedere Supper Club. Only the
      402 words
    • Article
      Unusual holiday ideas from Hilton hotels
      443 13 IF THE tkeagkt at starearl MMtyi la Einpe, I'ilM States ar nmt ende Asian city makes y feel kerei, here are seme pretty aaasaal aai exetttag rammer katttey Ideas frem HlltM lateraatteaal heteto. Fsr tke aiveatareas aai aet-ee-falnt-heartei, there's a aew lt-tey Safari Experteaee
      443 words
    • Article, Illustration
      The annual leave problem
      980 14  -  MERDEKA TOURNAMENT By RONALD KOW LOCAL sporting events and developments take a back seat this week as fans focus their attention on the Wimbledon tennis finals. Even non-sporting events such as the opening of the new airport at Changi and the official visit of South Korean
      980 words
    • Article
      Lock icon ASTROTURF FOILS GREEKS
      490 14 AP LIKE most coaches of foreign soccer teams who lose at Giants Stadium, Alketas Panagoulias of the Greek national team said the Cosmos were not his toughest enemy. "The first opponent was not the Cosmos. The first opponent was this stuff this astroturf," Panagoulias said after the
      AP  -  490 words
    • Article, Illustration
      Sports car lovers rejoice!
      1158 14  -  ■OTORIM with Hermes SPORTS car enthusiasts can now rejoice. The cause for celebration comes in the form of a Pininfarinna- > designed, thoroughly exciting, mid-engined two seater that doesn't cost a bomb to own. The car is the Lancia Montecarlo, priced at $66,128 (PARF) for the
      1,158 words
    • Article
      YOUR WEEKEND SPORTS
      310 14 TODAY: GOLF Sembawang: The Tiger Open *81 completed its first 18 holes yesterday and enters the second round from 8 this morning. There are fortyseven professionals participating of which eight are foreign entries. The rest of the field consists of 24 amateurs. The winner after the final
      310 words
    • Article, Illustration
      Inchcape looks formidable in Anchor league
      753 14  -  By CHARMAINE CHAN INCHCAPE remains formidable after the second week of competition in the Anchor Business Houses Squash League as its squash players confidently collected their second 5-0 match with all five men achieving love sets again. This happened during the Inchcape vs Industrial
      753 words
    • Article
      Lock icon Baseball strike
      62 14 AP BOTH sides agreed there was no cause for optimism as the US baseball strike marked its three-week "anniversary" on Thursday. The casualty count added 10 more cancelled games on Thursday, pushing the total to 361 since the strike began on June 12. And from the tone of
      AP  -  62 words
    • Article
      Lock icon Wimbledon at its best and worst
      835 14 NYT AT THE time, John McEnroe had centre stage at centre court. After having debated with the umpire, demanded a consultation with the referee and pouted at several calls, he was about to eliminate Rod Frawley, a muscular Australian, in three tedious sets. Perhaps
      NYT  -  835 words
    • Article
      CLARK HATCH NOW OPEN TO LADIES
      213 14 CLARK HATCH Phyrieal Fltaeaa Ceater* (Siagapere) Is aew apea ta ladles tram thaae whs have weight ta laae ta thaae wha Jest waat ta keep their bedles la shape. IVy eaa de se tram torn ta Spm aa weekdays at the eeatre's Maree Pale
      213 words
  • Page 13 Advertisements
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      Page 13 Advertisements Column 1
      90 13 BUSINESS TIMES GIVES YOU THE EDGE VI I*Ala I THE national soccer team will start training toon for the Merdeka tournament next month. Already, manager-coach Jita Singh is aware that a number of players may not be able to obtain leave for this event. RONALD KOW talks about the team's
      90 words
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      Page 13 Advertisements Column 2
      10 13 IBUSINESS TIMES! When we say business we mean just that
      10 words
  • Page 13 Miscellaneous
    • Miscellaneous
      Page 13 Miscellaneous Column 1
      606 13 WHAT WHERE TALKS "BUNGING ip IW cUM" by an officer trom the Association for the Blind, at the Toa Payoh Branch Library on Friday July 10 (7.30pm). Free admission. INVENTIVE prist msllag, a talk and demonstration on print-making with and without a press, and innovation in print-making by Miss Chng
      606 words
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