The Business Times, 28 September 1985
1985-09-28
1
12
https://www.nlb.gov.sg
https://eresources.nlb.gov.sg/newspapers/browse/biztimes
The Business Times
-
Title Section12 1985-09-28 1 BUSINESS TIMES M.C. (P) No. 99/1/85 SATURDAY, SEPTEMBER 28, 1185 75 CENTS12 words
-
Article527 1985-09-28 1 LEE HAN SHIH - Axe expected to fall on 1,500 to 2,000 employees By LEE HAN SHIH GENERAL ELECTRIC (USA) is likely to retrench another 1,500 to 2,000 workers in the next nine months as a result of its decision to move its more labour-inten-sive operations to Malaysia. If527 words
-
Article, Illustration383 1985-09-28 1 Reuter US OFFICIALS said President Reagan would be disappointed if he did not get new arms proposals from Soviet Foreign Minister Eduard Shevardnadze during their meeting (or the first time in the White House. Soviet sources are reported to have told US journalists that MrReuter - 383 words
-
340 1985-09-28 1 Reuter NEW ZEALAND'S meat industry will undergo massive restructuring when the New Zealand Meat Board relinquishes its control over exports and marketing from Oct 1. Agriculture Minister Colin Moyle said in a statement yesterday: "It is time for a return to orderly privateReuter - 340 words
-
105 1985-09-28 1 Reuter SOUTH KOREA plans to spend about a third of its national budget on defence next year. Economic Planning Board officials yesterday said that the 1966 budget, subject to parliamentary approval by December, allocated about U554.72 billion for defence, up 12.6 per centReuter - 105 words
-
210 1985-09-28 1 Bernama PHILIPPINE Prime Minister Cesar Virata has warned that the government would implement stricter regulations if businesses do not comply with basic economic policies. Mr Virata, also the Finance Minister, said many in the private sector had the tendency to evade basic policiesBernama - 210 words
-
Article, Illustration87 1985-09-28 1 SHAKE PRICES iM-Mwed ttNaghnt Ike day ywtwfcy as kiym firgtl etch time prsflttakers itwwwl prices. The market class! mixed alter a day sf beetle trading. Malaysia* stock■ ecattased to be actively traded aad demlaated the toy 2i meet active list The BT Cam pest te ladez fell M7-petat87 words
-
Article, Illustration349 1985-09-28 1 IT'S THE LITTLE things that foil the "perfect" crime. Like the telephone. Obviously the three men who thought they could relieve a Singapore businessmen of his hard earned savings yesterday had forgotten all about Alexander Graham Bell's little gadget. The bold bandits had entered Mr349 words
-
400 1985-09-28 1 AMY BALAN - By AMY BALAN A LARGE PROPORTION of the $140 million bank debt incurred by plastic film manufacturer Lamipak were trade bills of which a fair amount involved letters of credit to local companies, including its subsidiary, Panther Pte Ltd. t These400 words
-
179 1985-09-28 1 Reuter SPECULATIVE SELLING by operators who decided central banks would maintain their downward pressure on the currency next week caused the US dollar to fall further in jittery trading in Japan yesterday. Bank of America chief dealer Takashi Okura said: "The dollar is expectedReuter - 179 words
-
Page 1 Advertisements
-
Advertisement214 1985-09-28 1 CONPEX s ASIA 36 S.E. Asia sth International Building. Construction Equipment Public Works Exhibition 27 February 2 March 1986 World Trade Centre S pore ©INTERFAMA EXHIBITIONS PTE LTD Parkway Builders' Centre #10-03- 06 1. Marine Parade Central Singapore 1544 Tel *****00 Telex RS ***** INFAMA THE CLUB THAT STANDS IN214 words
-
Advertisement263 1985-09-28 1 SHARE INFORMATION MONEY A EXCHANGES RAW MATERIAL 8 SHIPS IN PORT CROSSWORDS TV A RADIO DOONESBURY OUR VIEW THE FRIENDLY PIG, a source of sustenance and nutrition for humanity since time immemorial, has been diverted from the abattoir to the psychiatrist's couch and found to be suffering from stress as263 words
-
Advertisement147 1985-09-28 1 &,?$%==(~/*+^[`@>[@&{*+%^^{\>`! Wishful thinking? No! Wayfoong thinking It's a daydream we all have. A home of our own. It's not easy to turn that dream into reality. But it may not be as difficult as you think. Not if Wayfoong give you a helping hand. Wayfoong can give you a loan147 words
-
Advertisement42 1985-09-28 1 BUILDTEX'B6 \yyjtw\ S.E. Asia 3rd International Exhibition of Building Equipment Llll Materials 27 February -2 March 1986 World Trade Centre -S pore hit erfama Pte Ltd Parkway Builders Centre "10-03/06 1. Marine Parade Central, Singapore 1544 Tel *****00 Telex RS ***** INFAMA42 words
-
-
HOME NEWS
-
168 1985-09-28 2 LEE HAN SHIH - By LEE HAN SHIH A THREE-YEAR struggle against the Housing and Development Board has paid off for the former owner of a shophouse off Jalan Besar. The Appeal Board (Land Acquisition) yesterday raised the compensation awarded for the two-storey shophouse, at 13 Jalan168 words
-
347 1985-09-28 2 BOEY KIT YIN - By BOEY KIT YIN IT IS NOW less costly for companies to employ bursary students who have graduated from the Economic Development Board's three technology training institutes. Companies need no longer pay the $4,000 "release fee" which the EDB collected for each of these347 words
-
Article219 1985-09-28 2 THE USE OF ROBOTS need not mean fewer jobs for workers. Instead, those affected could be retrained because new skills are needed in the use of robotics. This is the view of Seiko's executive president, Dr R Hara, who was speaking at the handing over219 words
-
353 1985-09-28 2 FOO CHOY PENG - By FOO CHOY PENG A SYSTEM TO ENSURE that Singaporeans will get their supply of basic food items in an emergency will be tried out in November, Home Affairs Minister S Jayakumar disclosed yesterday. This is one of the several emergency schemes being353 words
-
Article167 1985-09-28 2 A SPRUCED-UP entrance plaza, improved tram services and an expanded souvenir shop a $940,000 project by the Singapore Zoological Gardens to cater for more visitors and to rake in money as well opens today. The amount spent to cater for the number of visitors that167 words
-
249 1985-09-28 2 MERLION WEEK '85 promises to be the most s colourful local festival the Singapore Tourist Promotion Board (STPB) has ev- < er staged. Mi Joseph Chew, the di- rector of STPB, said the < board is spending about $500,000 for the week-long j event,249 words
-
Article876 1985-09-28 2 AT CONVENTIONAL WHARVES VmmI Berth Arrival Dapartura KEPPEL WHARVES Barber Texas K9 alongside 28.9/1800 Colossus K11 alongside 28.9/1830 Makmur K25W alongside 28.9/2300 Straits Hope K24E alongside 28.9/0600 Tocho Maru K16 alongside 28.9/0530 Zhongshan K35 alongside 28.9/0600 Bow Spring K30 28.9/1200 28 9/2359 Equator 4 K22 28 9/0700876 words
-
-
Page 2 Advertisements
-
Advertisement424 1985-09-28 2 umui conponanon bgrhsd (Incorporated in Malaysia) INTERIM ANNOUNCEMENT OF RESULTS FOR THE SIX MONTHS ENDED 30TH JUNE 1985 The Board of Directors wishes to announce the following unaudited results of the Group and Company for the six months ended 30th June 1985: GROUP Turnover Investment And Other Income Operating Loss424 words
-
Advertisement160 1985-09-28 2 iIL ANA HOTELS Mim. SINGAPORE LTD. (Incorporated in the Republic of Singapore) The directors announce the unaudited results of the Company for the six months ended 30th June. 1985. 1985 Jan June (ss) 1984 Jan June or TURNOVER INTEREST INCOME NET (LOSS)/PROFIT (Note 1) 14,243.600 13.000 (1.219,500) 17.715.300 19.60 306.300160 words
-
-
OVERSEAS
-
317 1985-09-28 3 AP ECONOMIC GROWTH in the world's nine major non-commu-nist industrial countries has slowed to a crawl, and in Taiwan, long the world leader, it has almost come to a halt, the Conference Board reported in New York yesterday. "In virtually all the majorAP - 317 words
-
Article135 1985-09-28 3 AFP WORLD TRADE this year is expected to grow only 4 per cent over 1984, compared with last year's 6.5 per cent rise, the Japan External Trade Organisation (Jetro) predicted in a report. The semi-governmental organisation attributed the expected slowdown chiefly to the American economyAFP - 135 words
-
Article171 1985-09-28 3 AFP NEW ZEALAND would consider ending the Anzus alliance to preserve its good relations with the US and Australia, if the alliance became a source of conflict between friends, Prime Minister David Lange said in Wellington yesterday. In a speech to a Labour Party meeting,AFP - 171 words
-
Article818 1985-09-28 3 ARRIVALS Operator Service Local From number time PAA PA2I 0020 LAX/TYO/ HKG SV SV379 0)15 SEL CAL CI333 0130 TPE S1A SQ4I 0535 MAA MK MK746 0755 MRU CV CV796 0815 LUX/DXB MAS MH681 0820 KUL KAL KE624 0840 KUL MAS MH603 0905 KUL MAS MH811 0940818 words
-
256 1985-09-28 3 Reuter FIVE FRENCH soldiers have been charged with leaking secrets to the press about the Rainbow Warrior scandal as the government seeks to stop further surprise revelations in an affair it is anxious to see closed. The five were charged on Thursday with disclosingReuter - 256 words
-
Article101 1985-09-28 3 AFP THE SAYING that love is shown first in the eyes and then in the heart does not apply to the sex lives of one-eyed shrimps, the weekend Sinar Pagi reported. The newspaper said that shrimp-pond farmers in Karawang, West Java, were usingAFP - 101 words
-
WORLD IN BRIEF
-
Article51 1985-09-28 3 OPEC CANNOT CUT its oil output any lower, a spokesman for the Organisation of Petroleum Exporting Countries said ahead of next week's ministerial conference. Total Opec production has fallen to 15 million barrels a day, or one million below the ceiling currently set by Opec, he51 words
-
Article50 1985-09-28 3 TUNISIA BROKE OFF diplomatic relations with neighbouring Libya on Thursday in a bitter quarrel touched off by Tripoli's expulsion of migrant workers. Earlier in the day, Tunisia announced it was expelling four Libyan diplomats accused of posting more than 100 letter bombs to Tunisian journalists.50 words
-
Article59 1985-09-28 3 A SENIOR SOVIET DIPLOMAT reportedly familiar with KGB spy operations in the US and other countries has defected to the West, a US Justice Department official confirmed. But the official refused to provide any details on the case of Vitaly Yurtchenko, 50, who was described in59 words
-
Article64 1985-09-28 3 AUSTRIA ANNOUNCED a series of economic sanctions against South Africa on Thursday to protest against the white minority government's racial policies. The Council of Ministers, the executive arm of the government, decided on the measures on Monday, said a spokeswoman in the Office of Chancellor Fred Sinowatz.64 words
-
-
203 1985-09-28 3 AP THE ADMINISTRATION of President Reagan, concerned about the rising debt burdens of foreign nations, told Congress on Thursday that it was turning more to grants rather than loans to permit favoured countries to buy US weapons. This means the countries oftenAP - 203 words
-
504 1985-09-28 3 Confrontation with Reagan looms NYT THE US CONGRESS moved closer to a confrontation with the White House over trade policy on Thursday as the House Ways and Means Committee approved a Bill that would cut back textile imports from a dozen countries by as muchNYT - 504 words
-
Article130 1985-09-28 3 NYT THE REAGAN administration responded positively on Thursday to Canada's request for further trade liberalisation between the two countries. However, negotiations are likely to be difficult. Ottawa and Washington are already enmeshed in hotly contested disputes involving such products as timber, steel and hogs. SomeNYT - 130 words
-
-
Page 3 Advertisements
-
Advertisement6 1985-09-28 3 EanAm's747SP Easiest Daily to .%k&£% New^brk.6 words
-
Advertisement121 1985-09-28 3 JAZZ BRUNCH IN NEW ORLEANS! Weekends are for real family treats. So, brunch to the beat of the one and only Louis Tan Dixieland Band*; on a sumptuous score of Creole buffet cuisine. Why, there ain't nothin like it around! For only $35** per adult and $20** per child under121 words
-
-
Page 3 Miscellaneous
-
Miscellaneous25 1985-09-28 3 Doonesbury riLBC MAYBE I F#Q<lH6 ITSFCK THBCAR, THEB67\y mi. TBR.9R.. mm, 4 9 i 85 r< i BY GARRY TRUDEAU n m y* a* 1-25 words
-
-
RAW MATERIALS
-
Article248 1985-09-28 4 COFFEE Robusta futures remained very quiet on Thursday and was slightly firmer, up £10 to £20 a tonne from Wednesday night's close. SUGAR Raw futures continued around the day's lows in fairly active business, to post losses from Wednesday night of US$ll.BO to $8.40 a tonne CIF. OILSEEDS248 words
-
Article92 1985-09-28 4 WHEAT futures on the Chicago Board of Trade ranged from down 2' 4 to up 1 4 US cent a bushel at Thursday's close. December ended near the middle of a 3 3 4 -cent range. LD Commodity bought December and March late. Corn futures closed 13/«l 3 to92 words
-
Article177 1985-09-28 4 Yarn (In HK$ per bole of 400 lb) China carded yarn, cones Blue Phoenix 16's 2,500 Blue Phoenix 20's 2,550 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 4,100 Blue Phoenix 40's 4,300 Open-end yarn 2,200177 words
-
Article141 1985-09-28 4 SOYBEAN futures on the Chicago Board of Trade closed V/t to four US cents a bushel lower in light trade on Thursday. November ended near the bottom of a five-cent range. November eased to new day's lows late on fol-low-through speculative selling. Prices appeared to be returning to the141 words
-
Article185 1985-09-28 4 MALAYSIAN crude palm oil prices again closed at the day's lows yesterday on further selling and buyer reserve following continuing easiness in Chicago soyoil futures. Talk of India seeking offers of Indonesian palm oil at its weekly vegetable oil tender also pressured late levels. October deliveries in the185 words
-
Article126 1985-09-28 4 A WEAKER STERLING «gainst the Malaysian rlnggit and a sharp decline in London metal prlees caused the Kuala Lnmpnr Tin Market (KLTM) price to weaken by 21 cents from Thursday. It finished at MSN.2S per kg at yesterday's close. The International Tin Council (ITC) buffer stock manager absorbed126 words
-
Article212 1985-09-28 4 SINGAPORE The market closed slightly lower yesterday with October One RSS buyers quoted at 160.50 cents a kg, down 0.50 cent from Thursday. The morning session lo6t 0.50 cent on lack of interest and light liquidation in very quiet trading. Prices were little changed in quiet afternoon trading. MALAYSIA212 words
-
Article361 1985-09-28 4 RAS prices m S cents/kg, FOB in b oles NOON CLOSE Buyers Sellers Buyers Sellers tnt 1 RSS Prompt 160 50 161 50N 160 50 161 50N Int 1 RSS Oct 85 160 50 161 50 160 50 161 50 Int 1 RSS Nov 85 161 50361 words
-
Article106 1985-09-28 4 (cents/kg. 1-ton pollets) QCT 85 NOV 85 (current month) (forword month) RAS NOON NOON Buyers Sellers Buyers Sellers SSR 20 139 00 141 00N 140 00 I42.00N SSR 50 137 00 139 00N 138 00 I40 00N MRELB Buyers Sellers Buyers Sellers SMR CV 194 50 196106 words
-
Article149 1985-09-28 4 Chinese Produce Exchange (Sellers' noon ciovmg prices on Sep 27 (SS/100 kg). Coconut oil Bulk FOB 80 00 Old drum FOB 9300 New drum FOB 97 00 Copra 42 Mixed (loose) buyers Pepper Muntok White FOB NLW 920 00 Sarawak. White FOB taq NLW ***** Sarawak special 770149 words
-
Article283 1985-09-28 4 Singapore (S$/Mo, ei-godown) Frogront new crop 1st 076 2nd 054 3rd 052 New Crop 25% no stock 10% no stock Thai Broken A-super 054 Special 0 52 Thoi Rice 55% no stock China Rice 10% no stock 15% 072 25% no stock 35% no stock Thai Boiled Rice 5%283 words
-
-
Page 4 Advertisements
-
Advertisement2402 1985-09-28 4 CL CREDIT LYONNAIS Head Office: 19, bd des Italiens, ***** Paris. Registered Office: Lyon. Singapore Office: 65 Chulia Street #37-01, OCBC Centre, Singapore 0104. Tel: *****7. Cable: C Rl DIOMAIS Telex: CLSING RS ***** *****. Consolidated balance shoot as at 31 Docombor 1983 1984 Assets (French francs in thousands) before2,402 words
-
-
BANKING AND FINANCE
-
176 1985-09-28 5 Reuter PHILIPPINE central bank governor Jose Fernandez has denied that the Philippines (ailed to meet targets set by the International Monetary Fund (IMF) and forfeited its right to draw a third instalment from a key IMF loan. "We have complied withReuter - 176 words
-
Article63 1985-09-28 5 Reuter CHASE AMP Bank Ltd, the first of the 16 wholly or partly foreign-owned banks to take up the Australian trading bank licences offered by the government in February, opened for business in Sydney, it said in a statement. The bank is owned 50/50 by ChaseReuter - 63 words
-
Article176 1985-09-28 5 Reuter A 70 BILLION Euroyen loan for Thailand, the largest Euroyen credit ever, was signed in Bangkok on Thursday. A Bank of Tokyo Ltd official said the loan attracted more than 90 billion Euroyen in syndication, but the borrower decided on the 50 per centReuter - 176 words
-
690 1985-09-28 5 Reuter NEXT WEEK'S International Monetary Fund/World Bank annual meetings are likely to be dominated by Western efforts to rebuild global economic confidence, severely dented by a deepening of the debt crisis and protectionist threats in Congress on a scale not seen since theReuter - 690 words
-
209 1985-09-28 5 OVERSEAS UNION BANK will offer gold options to its customers from Oct 1. It will offer the new service through its fully-owned subsidiary, OUB Bullion 6 Futures Ltd, a clearing member of the Singapore International Monetary Exchange. An OUB statement says gold option209 words
-
Article98 1985-09-28 5 Reuter CHINESE BANKS mut tighten their IMM screening procedures tad improve accoaatahllity, mecsrdiag to the draft of Chiaa's ISB4-M five-year piaa. The New Chiaa News Ageacy, quoting the piaa, aaM credit, investment la fixed assetsl r a—amp ttoa aad some commodity prices have «tared sinceReuter - 98 words
-
-
MONEY AND EXCHANGES
-
Article904 1985-09-28 5 SINGAPORE The US dollar closed easier against most major currencies in thin and nervous late trading yesterday, after opening slightly firmer. The dollar's late fall was due to position squaring by European operators on continued anxiety about possible central bank intervention and in anticipation of bigger US trade904 words
-
Article227 1985-09-28 5 Interbank rates at 3pm yesterday: Currancie* Nominal rate* Smithsonian Bid Offer croas parity change Local dollars to one unit of foreign currency: US dollar 2.1385 2.1415 2.8196 -24 16 Sterling pound ***** 3 0216 7 3469 -58 99 Australian dollar 1 5258 1 5301 3 4286 -55 50227 words
-
Article, Illustration316 1985-09-28 5 Asian market ASIAN dollar deposit rates closed steady yesterday at slightly firmer opening levels in quiet afternoon trading. News of a US$3.3 billion fall in latest US M-l money supply had little impact as the drop was within market expectations. Periods firmed between 1/16 and V* point at the start,316 words
-
Article57 1985-09-28 5 RESULTS OF TENDER held on Sep 27 for 91-day Treasury bills to be issued from Sep 30 to Oct 1 and Oct 3 to Oct 4. Offered: $110,000,000. Applied for: $156,000,000. Alletted: $110,000,000. Accepted bids: $99.24 approximately 71 per cent; higher bids in full. Average rate of disceont57 words
-
Article122 1985-09-28 5 THE OVERNIGHT rate on the Singapore interbank money market fell by one point from Thursday to close at 8 per cent yesterday. The one-month term rate rose by 1 point while the two and three-month rates remained unchanged. S$ Interbank rates at 3pm yesterday: Offer B>d Ovei rught122 words
-
Article404 1985-09-28 5 BA Futures DECEMBER Eurodollar opened lower on the Simex yesterday at 91.84; and it was pushed down to 91.81 in early trading as sentiment turned slightly bearish in view of lack of federal intervention on Thursday night. The failure to penetrate the 91.94-level and overbought level had technically indicatedBA Futures - 404 words
-
Article291 1985-09-28 5 HONGKONG: The market closed steady yesterday but was below the day's high because of some late profit-taking, dealers said. The metal continued to benefit from a weak American dollar, which triggered local and overseas buying interest. But easing silver prices, last traded at U556.0400 0600 an ounce against New291 words
-
-
Page 5 Advertisements
-
Advertisement334 1985-09-28 5 Test yourself on current afliurs and world business with The Economist quiz Find out how you rate on current affairs and world business with this quick test on subjects covered in The Economist over the last few months. Check your score with the answers printed upside down at the bottom334 words
-
-
TIME – OFF
-
Article477 1985-09-28 6 FOR HUNDREDS, no doubt thousands of years, the humble roly-poly fat little pig has been seen as a good friend of man. His table manners would not grace the best drawing rooms but he asked little of his masters a muddy sty, a plentiful supply477 words
-
Article, Illustration886 1985-09-28 6 MONICA GWEE - By MONICA GWEE HERE IS A WAY to pull a heart string or two in these not-so-bright times. All you need to do is wander into 41-A Cuppage Road where a wonderfully cramped little shophouse on the first floor opens up to you like886 words
-
Article1139 1985-09-28 6 What's on from Sep 28-Oct 4 RMnM wr CONCERT: SSO features Califor-nia-bom James Barbagallo. Victoria Concert Hall. 8.15pm. $4,57,510,515. His programme includes Mozart's Magic Flute overture and Liszt's Piano Concerto No I in E flat The guest conductor is Okko Kamu from Helsinki, Finland. EXHIBITIONS: String instruments. National Museum1,139 words
-
Article, Illustration139 1985-09-28 6 "..a pianist of happy combinations mind and heart, dlgltality and sweet tone, seriousness and humour, thunder and whispering/' says the Las Angeles Times, admiring the performance of James Barbagallo. An American pianist hern in California, Barbagallo is a graduate of the famous Julliard School and has been139 words
-
Article198 1985-09-28 6 BUSINESS Administration combined with Computer Science seems to be a favourite course of study pursued by young Singaporeans in the US. The Americans have a fancy name for this combination Management Information Systems and there is already a demand in Singapore for graduates of this discipline.198 words
-
-
Page 6 Miscellaneous
-
Miscellaneous778 1985-09-28 6 CRYPTIC PUZZLE ACROSS 9 Uncomfortable or comfortable in hospital (3, 2 4) )0 Calling back to: "Is Ivan m?" (2, 1. 5) 12 Takes one's time and they've got time (4) I 3 Supports and rs a follower of (6) 14 Observe the spectre has vanished (7) 15 Understand how778 words
-
-
SPORTS
-
226 1985-09-28 7 Reuter TOP SEED John McEnroe, back to his usual irascible self after his recent stomach complaint, beat fellow-American Jimmy Arias 6-3 6-2 in the first round of the San Francisco Grand Prix tennis tournament on Wednesday night. The illness forced McEnroeReuter - 226 words
-
183 1985-09-28 7 ON WHAT is a slow golfing weekend, attention will focus on Changi where the club's monthly ufmpetition will be held tomorrow. Although last month's Overall Best Gross winner Ong Ah Loh is taking part, the feeling is that the favourites will come from a different183 words
-
494 1985-09-28 7 AFP JAPAN'S Tommy Nakajima played some brilliant golf in the World Matchplay Championship in Wentworth, England, on Thursday to storm into the second round. This season's top Japanese money-winner was 11 under par for the 31 holes he needed to thrashAFP - 494 words
-
Article, Illustration656 1985-09-28 7 BRIAN MILLER - Turf Club's chairman's horse looks good for a Gold Cup win By BRIAN MILLER HE MAY HAVE WON just once this season and that too over the sprint distance of 1,200 m. But you'll only be fooling yourself if you believe that Trath cannot stay the656 words
-
Article, Illustration568 1985-09-28 7 WALTON MORAIS - By WALTON MORAIS WHEN YOU'VE beaten every top squash player in the world and yet not won a tournament in four years, it can be disheartening. Not for Pakistan's Maqsood Ahmed. The world's seventhranked player dismisses any notion that his winless streak affects his568 words
-
-
Page 7 Advertisements
-
Advertisement159 1985-09-28 7 I fs a* 33 #!^sl LH f. pi Mil tv Our role in helping to market i Asian products. When Asia's products are ready to move into the world marketplaces, Mttsui OSK. Lines Is also ready. With a modern containership fleet and more routes than any other company. With frequent159 words
-
-
Page 7 Miscellaneous
-
Miscellaneous1252 1985-09-28 7 Woody Allon and Diana Kaatan taam up to play a naurotic critic and Linda, hia boat friand'a wifa SATURDAY MOVIE Play It Again, Sam 11.10 pm, Channal 5 Anything by Woody Allen is above overage, although anyone under 30 and not a yuppie may find it difficult to appreciate his1,252 words
-
Miscellaneous14 1985-09-28 7 G6T ON U»Th OR. WORK You LftXtf GOOD FOR NOTHING > it's my &rr drums.14 words
-
-
INTERNATIONAL STOCKS
-
179 1985-09-28 8 UPI BALDWIN-UNITED, the Cincinnati-based US financial services group which has been operating under Chapter 11 since 1983, has filed a massive $1.3 billion suit against Merrill Lynch, charging the Wall Street investment bank with providing false and incomplete financial advice when Bal-dwin-United acquired MGICUPI - 179 words
-
Article106 1985-09-28 8 FT HENKEL, the familyowned West German chemicals concern, which invented Persil washing powder, is raising more than DM4OO million through the first public share issue in its 109-year-old history. The issue next month, part of a capital increase from DM3(X) million to DM575 million, willFT - 106 words
-
345 1985-09-28 8 THE US stock market finished mixed on Thursday, ending the free fall of the previous two days. The Dow Jones industrial average gained nine points to 1321 without having to rely on General Foods for most of its strength. Declines led advances by a345 words
-
Article154 1985-09-28 8 SEP 26 Hud Bay Mm 64 unch C$ 49 4 174 unch Abitibi 204 unch Int Prov P^>e 424 -4 344 4 154 184 4 15 -4 Argoen HkJg* Loblaw B 204 4 4 Bonk Mont 294 4 Massey Ferg 3 unch Bonk Novo Scofio 13 4 Mc Bio154 words
-
Article193 1985-09-28 8 SEP 26 land Unisec Wootworth 560 1485 15 25 INDUSTIIALS MININGS A Alpha 840 10 170 Anglos 3450 unch 15 *****6 I 500S Blyyoors 1520 -15 Buffets 7850 75 1165 -10 Charter 740 35 2325 Cons Gold 1800 80 CNA 255 Cons Murch 1150 unch 430 De Beers 1250193 words
-
Article373 1985-09-28 8 SEP 26 usj Firestone T»e 18* 14* unch Natl Gypsum Co NCR Cotp 46* 32* FMC Cp 61 V Newmont Mng 43* 25* unch Norfoftt 68* 33* 17 22* 23* 42* 14* •It 50* Otn Cp 31* 3* unch GAF Cp 36 V* 46* 55* 38* Am Broodcost373 words
-
Article944 1985-09-28 8 Amsterdam scr 26 Fb ABN 485 00 8 Aegon AhoM 9) 00 -2 249 50 5 5 ***** -48 AMfV Amfo» Amro Bank Berkel Bah Bonurmi BoikoW Bur T«t C aland 279 00 9 6 84 00 -0 3 38 00 1 2 411 00 -4 5 101944 words
-
-
Page 8 Advertisements
-
Advertisement269 1985-09-28 8 NOTICE la tk Matter af THE COMPANIES ACT (CHAPTER 185) AND Id the Matter af KINTA DEPARTMENTAL STORE PTE LTD (la Members Voluntary Liquidation) NOTICE OF FINAL MEETING NOTICE IS HEREBY GIVEN that pursuant to Section 308 of the Companies Act, Chapter 185, the final meeting of the members of269 words
-
Advertisement162 1985-09-28 8 They are the Baybelles from the heart of Manila. They'll take you through a lively trip of hot disco music and popular favourites. They'll keep you in with the times and give you an evening l a**"* you won't forget. Watch them in action! uii¥ Monday to Saturday. i HOTEL162 words
-
Advertisement70 1985-09-28 8 •k Specialized in: HONG KONG DIAN XIN CANTONESE COISINE Business Hours: 11.00 am 2.30pm (Sundays Public Holidays: B.ooam 2.30pm) Dinner: 7.00pm 10.30pm 3 PRESIDENT MERLIN HOTEL v 181, Kitchener Road, W Singapore 0820. Td: *****22. 1 /1 Time 9 pm 1 am Price Sl5 nett (mc of Ist dnnfc) a70 words
-
Advertisement115 1985-09-28 8 i9s i r r-_ ce Spring Palace Chinese Restaurant Superb Cantonese cuisine from our Hong Kong chefs to please the most discriminating gourmet. Special business lunch at $16 -h- each and $20++ each (rnln. 2 persons). Over 50 a la carte specialities are also available. FURAMA SINGAPORE HOTEL 10 Eu115 words
-
Advertisement145 1985-09-28 8 London Stocks, Back Pago /a V H s LoHMge 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 M Soul from the Philippines. They II captivate you! Happy Hours: spm 7pm. 50°*> off all drinks145 words
-
-
ASIAN STOCK
-
Article413 1985-09-28 9 HONGKONG: Share prices closed mostly lower yesterday on selling by overseas fund managers. Concern about the banking sector's exposure to the Oriental Overseas Shipping group and expectation of a decline in Hongkong's external trade, due to rising protectionism, were behind the weakness. However, Jardine Matheson rose on short-covering and413 words
-
Article272 1985-09-28 9 S£P 27 NT Lten Hwo fcndus 12 35 04 0 3 02 Non Yo Ptos Pocific Cons 24 40 1490 Al Sincere Indus 3.15 034 Pocitic Elect AS40 Cement 1900 0 1 Wire 13 05 02 Cothoy Coos 23 70 02 Poolung Paper 0 93 0 02 Chong Hwo272 words
-
Article452 1985-09-28 9 TOKYO: Share prices plunged in hectic trading yesterday as investors turned to profit-taking on concern over the direction of the yen against the dollar. The market average plunged 150.79 to 12,538.71, below 12,600 for the first time in more than a week, after losing 15.31 on Thursday and opening452 words
-
Article67 1985-09-28 9 MANILA: The market report was unavailable yesterday. SEP 27 Pesos Oriental B 0015 unch 0 1250 -0 01 Anglo Phil 0001 0 007 plot 35 unch Boguto Gold Basic Petroleum Benguet Coo B CDCP First PM HMgs Lepanto B 0003 99 unch 3 Son Miguel 8 1550 0004 unch67 words
-
Article364 1985-09-28 9 SYDNEY: Australian sharemarkets reached a record for the second consecutive day yesterday, fuelled by a strong BHP first quarter performance, a spate of healthy profit results and continued heavy trading in takeover situations. Near the close, the All Ordinaries index climbed 8.6 points to a high of 980.5, bringing364 words
-
Article95 1985-09-28 9 S£P 27 Won Hyundai Coml Hyindoi Motor 900 936 unch 11 Bonk Seoul 720 3 KAL 465 -5 Choheung 8k 696 unch Koreo Fnt 754 4 Commercial 6k 753 -2 Yukong Koreo Ship 1340 -16 Doehm lod 465 -1 422 5 Daewoo Corp 463 unch Lucky Ltd 605 195 words
-
Article145 1985-09-28 9 BANGKOK: Stock prices closed mixed in slow trading, the Securities Exchange of Thailand said. The Book Club index rose 0.01 points to 132.37 as losers led gainers by a two-to-one margin. Turnover dropped sharply to 62,363 shares worth 9.0 million baht from Thursday's 143,129 shares worth 20.5 million. S£P145 words
-
Article42 1985-09-28 9 Reuter CHINA HAS bought five General Electric gas turbines for its naval destroyers. This is its second major order for military-related US equipment. The contract for the five 25,000-horsepower, LM-2500 gas turbine engines is worth about US$2O million.Reuter - 42 words
-
217 1985-09-28 9 Reuter THE GIANT Cathay Industrial group, the centre of Taiwan's biggest bank scandal, handed over the management of a hotel on Thursday to a construction firm to repay some of its US$5OO million debt. A Cathay spokesman said that an agreement wasReuter - 217 words
-
Article109 1985-09-28 9 HONGKONG Thursday 1434.4 Week ago 1388 5 Hong Seng Index Friday *****0 Thursday *****7 NEW YORK Week ago 1549 46 Dow Jones Thursday 1320 79 TOKYO Wednesday 1312.05 Week ago 1306 79 Tokyo Dow Jones Friday ***** 71 Thursday ***** 50 Week ago *****.95 Standard Poors Thursday *****109 words
-
Article284 1985-09-28 9 Monogers' prices MARA-Bumiputra for Sep 28 30 First B'putra 5 17 5 22 Singapore Unit Truat Second B'putro Third B'putro 4 77 3 83 4 82 388 The Commerce 1 90 202 Fourth B'putra 4 30 4 35 The Sovmgs Fund 1 39 1 47 Fifth B'putro 2284 words
-
-
Page 9 Advertisements
-
Advertisement624 1985-09-28 9 lis mm m 10 m 5^ K ifif <*.*■ *> a -j ■,i. For delightful dinners with popular local flavours. Enjoy dinner with popular local flavours. Our "Singapore Delights" Buffet is packed with mouthwatering favourites that will definitely get your appetite going. Buffet Dinner is at Ssl4 00+ per person624 words
-
Advertisement222 1985-09-28 9 KIRIN COURT The better Cantonese Cuisine Businessmen Lunch AJCA++ (for four persons) I Soup of the day 2. Assorted Cold Cuts Combination 3. Sweetened Water Chestnut Cream And A Choice of Any 2 of the FoMowinf: Saute Chicken with Black Bean Sauce Saute Beef with Vegetable Steamed Minced Pork with222 words
-
-
SHARE INFORMATION
-
Article, Illustration4363 1985-09-28 10 ALTHOUGH profit-takers again afflicted the Singapore stock market, share prices did not retreat very much yesterday. The market closed mixed after alternating bouts of selling and buying. The BT Composite Index fell 0.67 point to 673.35 and the Straits Times Industrial Index ended at 787.79,4,363 words
-
Article257 1985-09-28 10 SINGAPORF Rises Indices Sop 26 Sep 27 T Harbour 550 70 IT Composite 674 02 67* 35 H Leong Credrt 760 +60 IT Indicator *****90 *****61 1 C 476 33 IT d/OS 300 264 H Leong Ind 50* 281 31 ST Industrioh 788 88 787 79 Lion257 words
-
Article5759 1985-09-28 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".5,759 words
-
-
Page 10 Advertisements
-
Advertisement9 1985-09-28 10 Selected Indices and Unit Trust tables, See page 99 words
-
-
COMPANY NEWS
-
Article, Illustration226 1985-09-28 11 By HOCK LOCK SIEW THE QUESTION that seems to be on everyone's lips now that the stock market is rolling along nicely is, shall I buy?" The current market offers a potpourri of hot stocks, but the most interesting counter, chartwise, is Pahang Investments PLC. This counterBy HOCK LOCK SIEW - 226 words
-
Article2972 1985-09-28 11 BID and offer prices officially listed and business in and reported to the Kuala Lumpur Stock Exchange yesterday, with the number of shares traded shown in brackets in lots of 1,000 units unless otherwise specified. INDUSTRIALS A CkM (2.738) (5) 2.64 (7) 2.65 (20 2.662,972 words
-
251 1985-09-28 11 IN AN EFFORT to safeguard themselves should the market be unable to absorb scrip delivery due to heavy buying on the stock market, several stockbroking firms in Malaysia have started new practices. Some firms now ask their clients to place a margin251 words
-
530 1985-09-28 11 RAMESH CHANDIRAMANI - By RAMESH CHANDIRAMANI PEAK HUA INDUSTRIES Bhd is proposing to sell off two of its underutilised land and building assets in an attempt to rein in its ever increasing bank borrowings. The company announced yesterday that agreements had been reached with530 words
-
Article, Illustration428 1985-09-28 11 CHAN OI CHEE - By CHAN OI CHEE A BUMIPUTRA group led by politician and businessman, Mr Mazlan Datuk Harun, will soon become a substantial shareholder of Singapore-based Malaysian Feedmills with a strategic 24 per cent stake, just a whisker away from the 25 per cent takeover428 words
-
330 1985-09-28 11 PROFIT-TAKERS took the upper hand on the Kuala Lumpur stock market yesterday, causing share prices to finish mixed in active trading. However, a few speculative issues still managed to gain ground. Most active stocks that succumbed to profit-taking were lower liners but some330 words
-
-
Page 11 Advertisements
-
Advertisement345 1985-09-28 11 KILUNGHALL TIN (MALAYSIA) BHD. (Incorporated in Malaysia) RESULTS FOR THE HALF YEAR ENDED 30 JUNE 1985 The unaudited results of the Company and the Group are as followsrGROUP Half Year Ended 30 June PROHTAND LOSS ACCOUNT COMPANY Half Year Ended 30 June Turnover gross sales proceeds Operating profit before financial345 words
-
-
Article, Illustration365 1985-09-28 12 LOH HUI YIN - By LOH HUI YIN A SOPHISTICATED PIECE of military communication equipment is being developed and produced here, enhancing Singapore's efforts to be a research and development centre. The production of the fibreoptics terminating unit (FTU) by EB Communications will also place Singapore in the365 words
-
224 1985-09-28 12 AP CURRENCY DEVALUATION, high taxes and inflexible interest rates caused a 42-per-cent drop in the value of govern-ment-supported investment projects in Thailand during the first five months of this year compared with the same period last year. The Bangkok Bank reported in a monthly report that 21AP - 224 words
-
70 1985-09-28 12 A NEW SET OF COINS is to be issued on Oct 1 by the Board of Commissioners of Currency, Singapore. The government gazette last night showed that the coins, in one cent, 5 cent, 10 cent, 20 cent, 50 cent and70 words
-
Article89 1985-09-28 12 THE PRESIDENT of Singapore has appointed Chief Justice Wee Chong Jin a Supreme Court judge for another three years. A government gazette last night said the appointment takes effect from today. Mr Wee, 68, became a Supreme Court judge in August 1957. He has been the Chief89 words
-
274 1985-09-28 12 Reuter FRANCE HAS THREATENED to block ratification of European Community treaties on Spanish and Portuguese entry until the 10 existing members agree on a special deal for southern Mediterranean states. Diplomats said yesterday that France's partners were uncertain about how seriouslyReuter - 274 words
-
LATEST RESULTS
-
Article13 1985-09-28 12 compa- nies yesterday released their half-year results to June 30, 1985:13 words
-
Article57 1985-09-28 12 Group pre-tax profits of M 528.08 million, down 28.6 per cent from $39.33 million earned previously. Turnover increased to $586 million ($540 million). Stated earnings per share amounted to 1.76 cents against 2.5 cents the year before. An interim dividend of 2 per cent57 words
-
58 1985-09-28 12 FEDERAL CABLES, Wire Metal Mfg Bhd: Group pre-tax profits of M 51.35 million, down 33.7 per cent from $2.03 million previously on turnover of $42.4 million ($41.1 million). Net earnings per share came to 0.7 cent, against 1.2 cents previously. No interim dividend was declared but directors expect the group's58 words
-
Article79 1985-09-28 12 Group pre-tax profit of M 520.3 million, down 32 per cent from $29.7 million in the first half last year. Turnover fell to $18.9 million ($26.1 million). Stated earnings per share amounted to 11.1 cents, against 16.2 cents previously. An interim dividend of 7.5 per cent (same)79 words
-
Article55 1985-09-28 12 Group pre-tax profits of M 510.12 million, down 5.7 per cent from $10.74 million previously on turnover of $90.1 million ($78.8 million). Net earnings per share came to 3.4 cents, against 4.6 cents the year before. No interim dividend was declared. The group expects a satisfactory level55 words
-
Article59 1985-09-28 12 Group pre-tax loss of M 515.83 million, against previous year's loss of $2.91 million on turnover of $496 million ($546 million). Net loss per share of 16.4 cents, compared with a loss of 6.3 cents a share the year before. There was no mention of a dividend.59 words
-
Article46 1985-09-28 12 Company net Toss of $1.22 million, against a net profit of $723,000 previously on turnover of $14.2 million ($17.7 million). No interim dividend was declared. The current six months will be affected negatively by the current economic slowdown, according to the directors.46 words
-
Article79 1985-09-28 12 Group pre-tax profits of $16.57 million, down 20 per cent from $20.64 million previously on turnover of $375 million ($407 million). Stated earnings per share (adjusted for the one-for-four bonus issue) came to 2.8 cents, against 3.8 cents previously. A first interim dividend of 479 words
-
Article68 1985-09-28 12 Pre-tax profit of MJ10.5 million ($17.5 million) on turnover of $311 million ($307 million). Group net loss of $7.28 million, compared with the previous year's net loss of $2.45 million. Net loss per share came to 0.97 cent each, against 0.3 cent loss the year before.68 words
-
71 1985-09-28 12 Total group income from life insurance, general insurance and investment of M 57.29 million, up 14 per cent from $6.38 million previously. The group has not fixed its operating profits yet as the actuarial valuation on its life insurance policy is only made annually. There71 words
-
64 1985-09-28 12 INTERNATIONAL Trust Finance Ltd: Company op- erating profits of $172,000, down 83 per cent from $1.02 million. Stated earnings per share came to 0.61 cent, against 2.22 cents previously. No interim dividend was declared. With the property market remaining sluggish and the general downturn in the economy, the directors expect64 words
-
Article62 1985-09-28 12 Group pre-tax loss of $7.69 million, compared with a group pre-tax profit of $3.24 million the year before on turnover of $20.0 million ($22.5 million). Net loss per share came to 7 cents, against a net profit per share of 1.13 cents previously. There was no mention62 words
-
Article75 1985-09-28 12 Group pre-tax profits of M 53.15 million, down 13 per cent from $3.62 million previously on turnover of $13.1 million ($16.6 million). Stated earnings per share came to 1.7 cents against 1.8 cents lyThere was no mention of an interim dividend and the group expects75 words
-
Article60 1985-09-28 12 Group pre-tax profit of M 52.31 million, down 41.6 per cent from $3.96 million on turnover of $85.4 million ($74.7 million). Stated earnings per share came to 2.8 cents, against 5.8 cents previously. There was no mention of an interim dividend. Profits in the current six60 words
-
Article56 1985-09-28 12 Group pre-tax profits of M 510.65 million, up 10 per cent from $9.68 million before. Stated gross earnings per share came to 12.02 cents, against 11.07 cents previously. There was no mention of an interim dividend and the directors expect the profit from the mining operations56 words
-
Article62 1985-09-28 12 For the half year to end-Ju-ly, the company made M 52.38 million ($2.85 million before tax on turnover of $65.8 million ($38.5 million). Stated earnings per share were 2.7 cents (3.6 cents) and the interim dividend is 3.5 cents (3 cents). It will be difficult for the62 words
-
Article47 1985-09-28 12 For the full year to end-June, pre-tax profits came to M 5572,000 ($2.62 million); earnings per share, 3.4 cents (12.8 cents). There is no interim dividend (14 cents previously) but the directors have recommended a final dividend of 5 cents (7 cents).47 words
-
-
291 1985-09-28 12 Reuter PRIME MINISTER Rajiv Gandhi said yesterday peaceful elections in Punjab were a victory for India over Sikh extremists but security forces would not be withdrawn from the state. "Democracy has won. Nonviolence has won. Bharatmata (Mother India) has won," Gandhi saidReuter - 291 words
-
Article84 1985-09-28 12 Reuter COMEX GOLD FUTURES were steady yesterday but barely traded as major brokerage houses closed and floor traders remained away due to Hurricane Gloria. The Commodity Exchange Inc decided to close the market early; and gold for December delivery was US$O.7O up at $332.90 an ounce.Reuter - 84 words
-
Article59 1985-09-28 12 WALL STREET stocks closed mixed in moderate trading on Thursday. The Dow Jones Industrial Average rose 8.74 to 1320.79 and the New York Stock Exchange Index rose 0.27 to 104.82. The average price per share increased nine cents while declines led advances 887 to 616. Volume rose59 words
-
Article990 1985-09-28 12 SHARES closed higher yesterday, helped by buying for next week's new account and the pound's decline on the foreign exchanges which lifted major exporters. The failure of Wall Street to open because of Hurricane Gloria had little impact on a market which was quiet ahead of the weekend.990 words
-
LATE FILE
-
48 1985-09-28 12 UPI SPURRED BY brisk sales to the US and Western Europe, Japan's exports of four-wheel vehicles in August hit a record of 484,416 units. The Japan Automobile Manufacturers Association said the August shipments represented a 3.3 per cent increase over a year ago.UPI - 48 words
-
Article50 1985-09-28 12 Reuter THE US merchandise trade deficit in August was US$9.9O billion, compared with $10.51 billion in July. The Commerce Department said the August performance was the second consecutive monthly decline in the US trade shortfall and was the smallest monthly deficit since last December. ReuterReuter - 50 words
-
Article62 1985-09-28 12 Reuter COMMUNITY farmers are to be offered cheap butter as animal feed. The European Economic Community's farm commissioner Frans Andriessen said veal calf breeders would find the offer particularly attractive. The plan is one of the schemes to help dispose of the group's butter mountain,Reuter - 62 words
-
Article61 1985-09-28 12 AFP VITALI YURCHENKO, a former Soviet KGB official who defected to the West, has identified several employees of the Central Intelligence Agency as Soviet agents, the New York Times reported yesterday. It quoted unidentified Reagan administration officials, adding that it was not clear whether theAFP - 61 words
-
-
Page 12 Advertisements
-
Advertisement456 1985-09-28 12 INTERNATIONAL TRUST FINANCE LIMITED (Incorporated in the Republic of Singapore) ANNOUNCEMENT The Directors of International Trust Finance Limited announce the unaudited interim results for the 6 months ended 30 June 1985 as follows:Latest Hall Year Previous Half To 3018/85 Year To 3WB/84 %< Earnings per share 0.61 cts 2.22 cts456 words
-
Advertisement51 1985-09-28 12 The largest manufacturer in South East Asia for power presses hydraulic press brakes and shears with the latest technology and CNC production facilities. 1.2 m x 35T Autottoar S MTIM 2.5 m x 6mm CHRN HD ENGINEERING LIMITED 19, Benoi Crescent, Singapore 2262. Tel: *****01 (8 lines), Telex: RS *****51 words
-
-
Page 12 Miscellaneous
-
Miscellaneous55 1985-09-28 12 wMtsrn Outlook for today: Cloudy with showers in mony areas after midnight. Report for 24 hours prior to 7 30pm on Sep 26 at the airport: Maximum temperature 31.9 Associated humidity 56 Minimum temperature 24.0 Associated humidity 90 Hours of sunshine 8.05 Rainfall in millimetres nil Rainfall this month 88.655 words
-