The Business Times, 17 January 1981
1981-01-17
1
14
https://www.nlb.gov.sg
https://eresources.nlb.gov.sg/newspapers/browse/biztimes
The Business Times
-
Title Section10 1981-01-17 1 BUSINESS TIMES M.C.(P) No. 107/1/81 SATURDAY, JANUARY 17,1181 60 CENTS10 words
-
BRIEFLY...
-
Article74 1981-01-17 1 Reuter TOKYO, Fri. Yoshio Sakurauchi, secretarygeneral of the ruling Liberal Democratic Party, said that under the current economic circumstances, it is necessary for the Bank of Japan to lower its official discount rate from the present 7.25 per cent as soon as possible. He told aReuter - 74 words
-
Article55 1981-01-17 1 AP TAIPEI, Fri. Despite China's threats against the proposed sale of two Dutch submarines to Taiwan, officials here said they are confident that the deal would go through. They said Taiwan sent a letter of intent to the Dutch government for the purchase last week and expects toAP - 55 words
-
Article75 1981-01-17 1 UPI JERUSALEM, Fri. Prime Minister Menachem Begin's ruling Likud bloc cleared the way today for the cabinet to recommend that parliament set a date for an early election, probably in June or July. Mr Ehud Olmert, one of the Likud members in the Knesset (parliament), met withUPI - 75 words
-
Article71 1981-01-17 1 UPI BANGKOK, Fri. Thai Foreign Minister Sithi Savetsila urged the Reagan Administration to set up a system for emergency arms shipments to Thailand in case of an attack by Vietnamese troops. He also thanked the Carter Administration for its response after a brief but bloody battleUPI - 71 words
-
Article63 1981-01-17 1 Reuter JAKARTA, Fri. The United States would be very much guided by Asean in its dealing with Vietnam over the Kampuchean problem, US Senator Sam Nunn said here today. Senator Nunn, who is visiting Asia, Australia and New Zealand, said he was aware that there were differences evenReuter - 63 words
-
Article79 1981-01-17 1 AFP BEIRUT, Fri. Iraq took delivery erf French Mirage-F1 fighter plane components on December 25, a reliable source said here today. The consignment marked the completion of the first part of a contract for 60 Mirages which was signed by the Dassault company and the IraqiAFP - 79 words
-
Article87 1981-01-17 1 AFP NEW DEI,HI, Fri. India's foreign trade in the first six months (April-September) of 1980-81 has shown an all-time record deficit of about 29,280 million rupees (U553,660 million) which was higher than the deficit of 22,570 million rupees ($2,821 million) during the entire 1979-80 financial year. ProvisionalAFP - 87 words
-
-
Article131 1981-01-17 1 Falls Indices D Keramat 1600 -320 B.T. Indicator: Jan 15 Jan 16 Strait* Trading 1300 -30 *****.*****36.20 Hoof Leong Ind 535 -25 Industrials: 704.62 702.64 Hong Leong 715 -15 Finance: 1354.70 1357.76 N B T 225 -15 Hotels: 805.27 809.51 Tong Meng S P P L Magnum131 words
-
Article, Illustration150 1981-01-17 1 Falls Indices PMRI 700 -140 Jan 15 Jan 16 Kg Lanjut 770 -50 B.T.Index: *****.*****45.78 C Sugars 1040 -50 industrials: 871.20 870.24 G Ceramics 400 -20 Finance: 1338.45 1338.74 Berjuntai 1360 -20 Hotels: 411.28 412.46 Rahman Hyd 1460 -20 Properties: 784.63 780.22 Tronoh i960 -20 Tins: 476.04 472.86150 words
-
Article, Illustration435 1981-01-17 1 WANG LOOK KEAH - SOONANN REALTY PROJECT By WANG LOOK KEAH A LOCAL developer is building a $77 million hotel-cum-shopping complex in the hub of the Katong commercial district. The complex, to be built on 60,000 sq metres of land next to Palace Cinema, will comprise a 21-storey hotel435 words
-
Article246 1981-01-17 1 AP A MAJOR study says wives who do not smoke but who are exposed to their husbands' cigarette smoke run a greater risk of lung cancer than nonsmoking wives of nonsmoking husbands. The 14-year statistical study, to be published in the British Medical Journal, findsAP - 246 words
-
388 1981-01-17 1 FOO CHOY PENG - By FOO CHOY PENG THE European Economic Community has revised the Generalised Scheme of Preferences (GSP) for duty-free plywood imports from developing countries this year. Singapore exporters are allowed to market 70,000 cubic metres of duty-free plywood under the revised scheme which became effective388 words
-
Article385 1981-01-17 1 NYT PRESIDENT Carter signed a controversial executive order on Thursday aimed at curbing the export of products considered so hazardous that their use is banned or restricted in the United States. "As international merchants, we have an obligation not to export to unsuspecting nations products we ourselvesNYT - 385 words
-
251 1981-01-17 1 THE Hhgipwt CUatM Chamber «f Commerce Mi ladaatry hi likely to htve new (mm m tto 41st mmgencat committee tola year. TUb to to Hae with toe chamber's ceaataat call Its muugemeit committee. Officials frtm the f ham her eaaaet as yet251 words
-
493 1981-01-17 1 HSUNG BEE HWA - By HSUNG BEE HWA A TOTAL of 158 applications for loans amounting to $42.2 million were approved under the Small Industries Financing Scheme (SIFS) from January to October last year. The total loan value is almost triple the $14.3 million for the whole493 words
-
Page 1 Advertisements
-
Advertisement12 1981-01-17 1 W\s\\\css\ F) SINGAPORE business Times PenooccHs Pubicatioo I\FOR K PEOPLE WHO MATTER12 words
-
Advertisement132 1981-01-17 1 ASIA RESEARCH BULLETIN This unique publication offers businessmen each month a comprehensive guide to the latest developments taking place in all important sectors of the economies of countries in East and Southeast Asia. The Bulletin is divided into six separate reports of about 8.000 words each There is a dual132 words
-
Advertisement65 1981-01-17 1 HARD timet at literutiMttl CMipiten Limited................... 7 OUTLOOK for Aslaa dollar market AMERICAN prime leadlag rate exerdatag aew laflaeaee t LEISURE TIMES ADVICE far shareholders d Singapore Balldlag Society 11 CHANGES la raliags (or pfcarmaetoto 12 HARVARD haidaeoo course eomeo to S'pore 12 CROSSWORD i, TV AND RADIO I, WHERE65 words
-
Advertisement434 1981-01-17 1 W i The Straits I Companies j Times |KeypSneI^ DIRE CTORY I Agencies LI Of Singapore (Buku Merah) ore I ah) J Leader...page S The ASEAN Report Update Published by The Asian Wall Street Journal The ASEAN Report gave businessmen for the first time a key which opens the door434 words
-
-
OVERSEAS
-
Article676 1981-01-17 2 ARRIVALS Service Local Operator Number Time From PAA PA005 0030 JEK/SFO/HKG MAS MH601 0630 KUL CAL CT331 0700 TPE FT FT71 0710 JFK/ORD/KUL SLA SQ10I 0815 KUL MAS MH606 0630 KUL MAS MH621 0635 PEN MAS MH671 0930 KUL SIA SQ211 1000 HLP CAL CI814 1000 HLP676 words
-
Article705 1981-01-17 2 Agencies IRAN yesterday told the United States it must transfer frozen Iranian assets to Algeria immediately to avoid a breakdown in negotiations to free the 52 American hostages. The surprise ultimatum from chief negotiator Behzad Nabavi came in an interview on Teheran Radio early yesterdayAgencies - 705 words
-
Article393 1981-01-17 2 UPI SUDAN has called for a summit meeting of African nations to take measures to "maintain the independence and unity" of Chad against Libyan attempts to merge with it. An unconfirmed report said Sudanese troop 6 were being airlifted to the Chadian border following Libyan strongmanUPI - 393 words
-
237 1981-01-17 2 Reuter PRESIDENT-ELECT Betgan's MmlKf te head the nil the budget pripimb by Ike Carter Admlatetrallti will have te be re-v-toed. He described Ike fiscal I*B2 budget M m mh of Ike same." Mr Steekmaa Mid the Beagaa Admlatrtrattea plans te have aew prspseReuter - 237 words
-
430 1981-01-17 2 Reuter, AP INDUSTRIAL production in the United States rose by about one per cent in December, according to a Federal Reserve Board report this week. This is the fifth monthly gain in a row. The December figures continued to show surprising strength inReuter,; AP - 430 words
-
326 1981-01-17 2 Reuter THE South Korean cabinet yesterday set Feb 25 as the day for its presidential elections. government officials said. The direct election for the 5,278-member presidential electoral college, which will choose the next Head of State, will be on Feb 11.Reuter - 326 words
-
389 1981-01-17 2 AP AFP CHINA has further tightened foreign exchange controls by ordering that all foreign currencies deposited overseas be transferred back to the country. Xinhua News Agency yesterday reported the tightening, approved by the state council in December, which stipulates that Chinese government and trade organisations abroadAP; AFP - 389 words
-
131 1981-01-17 2 UPI MITSUI has edged out arch rival Mitsubishi to become the world's largest trading house during the business term that ended in September. Consolidated sales for Mitsui during the AprilSeptember period totalled 7.34 trillion yen, surpassing the 7.24 trillion yen of Mitsubishi. "We've incorporated theUPI - 131 words
-
Article266 1981-01-17 2 UPI WITH less than 24 hours before the lifting of martial law, President Marcos yesterday called for renewed ties with the powerful Roman Catholic church in the Philippines. Mr Marcos also told the ruling New Society Party at a meeting at the Malacanang PalaceUPI - 266 words
-
WORLD IN BRIEF
-
Article529 1981-01-17 2 Reuter SIX British MPs have demanded that a bid by press tycoon Rupert Murdoch to buy the Times, the Sunday Times and the three Times supplements be "subjected to stringent examination by the Monopolies Commission." The MPs, three from the ruling Conservatives and three from the oppositionReuter - 529 words
-
-
-
Page 2 Advertisements
-
Advertisement131 1981-01-17 2 Grand New Year Exhibition-Sale EXQUISITE CHINESE CLASSICAL FURNITURE FINE ARTS CRAFTS Time: 11.00 am 9.00 pm. Date: 17th 25th January 1981. Venue: World Trade Centre, Main Entrance, Ground Floor. <» V 4 y U »v: ■f *e<~r M n. 4 <♦» M Msr- Asean's largest and finest collection of Chinese131 words
-
-
Page 3 Advertisements
-
Advertisement416 1981-01-17 3 New Suzuki 800 is the right choice Have a look at the newest Suzuki for Singapore. By the time you get down to the price tag, you'll be convinced of the value. It's a smart buy all round, because inside and out, Jl it makes more sense of your dollars.416 words
-
-
RAW MATERIALS
-
284 1981-01-17 4 PRICES fluctuated around the 290-cent (Singapore) mark to close IVi cents up overall in trading which became progressively quieter in a market devoid of fresh news or feature, says Holiday, Catler, Bath and Ompaay in its latest review of the Singapore284 words
-
Article136 1981-01-17 4 WHEAT futures in Chicago on Thursday ended at new day's highs, down to 3 3 cents a bushel. Active professional demand and local short-cover-ing in response to lack of follow-through selling pressure cut earlier losses, traders said. Continued concern over lack of snow-cover in major US winter wheat producing136 words
-
Article87 1981-01-17 4 THE Malaysian Minister of Finance has fixed these rates for the period from Jan 15 until further notice: Robber: 301H cents a kilo for RSS One; Capra: M 5775.45 a tonne; Palm kernel: $955.75 a tonne; White pepper: $3,722.00 a tonne; Black pepper: $2,596.00 a tonne; The rates87 words
-
Article214 1981-01-17 4 THE Singapore market yesterday closed slightly higher with February One RSS buyers quoted at 290.75 cents per kilo, up 1.25 cents from Thursday's close, dealers said. Morning prices were marked up slightly on higher London advices and some late buying interest, they said. In Kiala Lampw, the market rose214 words
-
Article330 1981-01-17 4 RAS prices In cents per kUo yesterday: Noon (per kilo) Buyers Sellers Int. 1 R.S.S prompt f o b. 287.50 288.50N Int. 1 R.S.S February 289 SO 290 00 Int. 1 R.S.S March 292.50 293.00 Int. 2 R.S.S. 272.50 273.50N UK/Coot 271.50 272.50N Int. 3 R.S.S. 269 50330 words
-
Article100 1981-01-17 4 NOON SSR and SMR f i 1 HAS SSR 20 SSR SO MRSLB (1 too (1 too pallet) pallet) February (Carrent Mtk) Bayer* Seller. 248.00 249.00N 244 00 246.00N Marck (Forward Mtk) Bayere Seller* 249-50 *****N 245.50 247.SON SMRCV' SMRL SMR S SMR CP SMR 10 SMR100 words
-
Article54 1981-01-17 4 THE STRAITS tia price in Peuog yesterday fell cents ts MS3I.SB a kile, bat was still within the later»»tlsaal Tla Agreement's middle e* raage sf SJMI ts 74, dealers said. Csatlaaed higher sffers sf metal were the mala factsr, despite higher sveralght Lsadsn metal exchanges aad small baying54 words
-
Article34 1981-01-17 4 Rubber: Jan 16 Singapore: February: 290.75 cents (up 1.26 centa) Malaysia: February: 310.00 centa (up 2.00 centa) Tin: M 531.58 per kilo (down 32 cents) Official offering: 210.5 tonnea (up 17.5 tonnes)34 words
-
Article169 1981-01-17 4 SOYBEAN futures in Chicago on Thursday finished locked down the 30 cent a bushel limit in the first four contracts, to down 20V* cents in new crop. Unfilled sell orders at the close totaled 7.0 million bushels. Aggressive general long Liquidtion in response to the larger than anticipated USDA169 words
-
Article173 1981-01-17 4 CHINEBE PraSaee Exchange, Stagapare, rltrini prion per IN kg ycitarity. CwMMt ail: Bulk fob $129.00 sellers, old drum (la second hand drum) lob $145.00 sellers, new drum fob {139.00 sellers. Cip»: Mixed (loose) 179.00 buyers. Pepper: Muntok white pepper fob Asta NLW $435.00 sellers. Sarawak white pepper faq173 words
-
Article193 1981-01-17 4 YARN and cotton prices were quoted as follows in Hongkong yesterday: (In HK dollars, spot ex-go-down) Cattsa yarn: China Blue Phoenix 20s 2,030 32s 2,720, 40S 2,955 (per bale of 400 lbs). Piece gssSs: China Butterfly and Globe brand unq; Dragon Head unq; Five Lambs unq; Flower and Butterfly193 words
-
Article316 1981-01-17 4 SINGAPORE: Yesterday's closing prices in SJ per kilo, ex-godown: THAI WHITE: 100 per cent first class (Kangaroo) new crop 1.15, 100 per cent second class 0.96, 100 per cent third class 0.96, 25 per cent new crop no stock. B-10 per cent 0.82. THAI BROKEN: A-super 0.77, Special 0.75.316 words
-
Article836 1981-01-17 4 COFFEE: Robusu futures closed a quiet morning around the session lows with losses from Thursday of £13 to £15 a tonne. Turnover was 818 lots including 11 options and around 220 lots of cross trades. Values drifted lower in thin conditions against an unchanged fundamental situation. Patchy buying836 words
-
Article185 1981-01-17 4 THE Kuala Lumpur market ended lower despite staging a recovery at the close, on India's purchase of 20,000 tonnes of palm-oil and olein, coupled with refiner covering ahead of the long weekend, dealers said. Initially, the market eased sharply following a lower market in Chicago on Thursday but185 words
-
-
ASIAN STOCKS
-
537 1981-01-17 4 TOKYO SHARE prices yesterday closed slightly higher in moderate trading led by electricals, precisions and other blue chips, dealers said. The market average rose 11.07 to 7,255.85 with volume 330 million shares. The Tokyo Stock Exchange index ended at 505.45, up 1.22. Scattered buying by537 words
-
Article335 1981-01-17 4 THE market yesterday continued to inch up on no specific news. After a firm opening, the market was hit by selling, but it turned mixed by mid-morning. Trading continued to be in a narrow range on most counters as neither buyers nor sellers seem willing to push the issue.335 words
-
Article200 1981-01-17 4 THE Sydney share-market yesterday continued to make a tentative recovery despite a weaker gold price and a patchy performance by market heavyweights, dealers said. JAN 1« Cenu INDUSTRIALS A C 1 235 *10 A N 1 SIS J A P M 220 unch Ampol Prl 170 unci) B H200 words
-
Article275 1981-01-17 4 STOCK prices yesterday closed mixed in quiet trading, dealers said. Mah Boonkrong Drying and Silo rose two baht to 188, and South Asia Fibre one to 86 while Bangkok Bank fell two to 296 and Saha Union lost one to 196. Jalaprathan Cement and Siam Cement closed unchanged at275 words
-
Article145 1981-01-17 4 THE stock market yesterday was firmer though turnover slipped slightly from 6.2 million to 5.2 million pesos, dealers said. Finishing stronger were 'Philex B, Podco B and Seafront. Trading was seen on Basic Petroleum and Oriental B while the rest were either untraded or unchanged issues. JAN 1* PfcMi145 words
-
Article51 1981-01-17 4 FINANCIAL TIMES INDUSTRIALS Thursday..- 448.5 Wednesday 446.0 Week Ago 45®.3 DOW JONE8 AVERAGE INDUSTRIALS Thursday 969.97 Wednesday 888.47 Week Ago «86.70 H.K.HANG SENG Friday 1619.47 Thursday 1612.08 Week Ago 1606.63 AUSTRALIAN INDUSTRIALS Friday 664 6 Thursday 660.7 Week Ago.- 668.6 ALL ORDINARIES Friday gF7.6 Thursday 685.2 Week Ago51 words
-
-
Page 4 Advertisements
-
Advertisement169 1981-01-17 4 AN INVALUABLE GUIDE to the banking, finance and insurance community '.V-V •S-V' vl A' Af r J- I > V -•-•V '•A' H! m ■h a copy Available at all leading bookshops and emporiums Published by: TIMES DIRECTORIES (PTE) LTD (an associate of ?ne T Organisa' 530 Cuppage Centre. 55169 words
-
-
TRADE AND INDUSTRY
-
Article, Illustration169 1981-01-17 5 A $4.5 MILLION contract was signed at the Manitou stand at Wood/Furnima '81 exhibition on Thursday afternoon. To date, the contract between Manitou's agent for Malaysia, Si Khiong Inds, and Ladalam Timber of Sabah is the biggest contract signed at the exhibition. Manitou, which has an international169 words
-
357 1981-01-17 5 THE changing demands on chartered secretaries and administrators were reflected in a seminar organised by the Singapore Association of the Institute of Chartered Secretaries and Administrators yesterday. A paper by Jeffery Kadet, manager of the tax division of Arthur Andersen, attempted to give an overview357 words
-
Article346 1981-01-17 5 EXPECTED ARRIVAIJ9 TODAY KEPPEL WHARVES Botsman Zotov (2100) 18 Builder in (0700 after Jenson) S Barber Taif (ro/ro) (1000 after Potsdam 6 Southern Diamond) 46/47 Dona Sophia (0530) 6/7 Diny (after Janus I) 28 Etha Rickmers (after Pateverett) 33/34 Fenix No 1 (car carrier) (2300 after Sun346 words
-
321 1981-01-17 5 SWISS exports to Singapore totalled 220 million Swiss francs for the first 10 months of last year against 219 million Swiss francs for the same period in 1979. "In terms of per capita, Singapore is one of the best clients of Switzerland," said Rene321 words
-
Article, Illustration459 1981-01-17 5 AGNES WEE - By AGNES WEE RESOURCES Development Corporation will draw on foreign expertise to help plan its granite quarry operations. RDC, a wholly-owned government company and an offshoot of the Housing and Development Board, is negotiating with consultants in the US and New Zealand for technical services relating to459 words
-
381 1981-01-17 5 HAP Seng Plantations, a large plantation company in Sabah, has secured a $15 million loan to complete the development of its 10,000 hectares of oil palm in Tawau. Hap Seng is a subsidiary of Gek Poh Holdings, a prominent Sabah conglomerate with interests in timber381 words
-
Article96 1981-01-17 5 WOMEN in Singapore have yet to grasp all the opportunities open to them. The observation was made by R. W. Lutton, chairman of the International Chamber of Commerce, when he presented 23 winners of the Chamber City Commemoration Prize Fund at its secretariat yesterday. Of the 23 winners,96 words
-
Article, Illustration102 1981-01-17 5 FIRST National Bank of Chicago in Singapore has appointed three new assistant managers. Jufla M has been appointed assistant manager, head of operations of the Singapore branch. Mr Goto will look after the operations of the accounting department, EDP, loans and securities, bills and L£s, FX/MM settlement,102 words
-
-
Page 5 Advertisements
-
Advertisement221 1981-01-17 5 u tit Management Science: Management Science has demonstrated itself to be a powerful decision making approach to a wide variety of managerial contexts. This book will give every reader a fuller insight into the method of management science. Human Behaviour in Organizations: This book is primarily concerned with understanding, predicting,221 words
-
Advertisement480 1981-01-17 5 APPOINTMENTS CORPORATE FINANCE EXECUTIVES Private Investment Company for Asia (PICA) S.A., an international financial institution with a network of offices in several key Asian countries invite applications from qualified and experienced candidates to join its specialist team of corporate finance executives. Members of the team are involved in numerous challenging480 words
-
-
Article424 1981-01-17 6 THE TREBLING of the cash value of loans granted under the Small Industries Finance (SIF) scheme for the first ten months of last year compared with 1979 bodes well for the small industrialist. More importantly, it could be indicative of a fresh thrust by424 words
-
197 1981-01-17 6 BY COMPARISON with cities around the world, Singapore's postal services must rank fairly high After all, the postal authorities' task is made that much easier by their limited territorial jurisdiction there are only 616 square kilometres to look after. And standards must be high if197 words
-
Article, Illustration1047 1981-01-17 6 CHARLES BATCHELOR - Flowers are a multi-billion dollar industry in the Netherlands. CHARLES BATCHELOR reports on the busiest months of the Aalsmeer auction hall. CHARLES BATCHELOR FT THE. Dutch have fashioned a part of their national image and a billion guilder business out of flowers. The on —1» atFT - 1,047 words
-
Article770 1981-01-17 6 MARGARET THOMAS - FORUM with MARGARET THOMAS IT WAS nuts for Carter. Nuts for Carter's peanuts, that is. Peanut-grower Jimmy Carter's period as president did little for the price of peanuts. But Reagan looks set to add real Juice to jellybean makers' markups. In that uniquely American770 words
-
Page 6 Advertisements
-
Advertisement326 1981-01-17 6 ACQUIRE COMMERCIAL and PROFESSIONAL QUALIFICATIONS through Correspondence College LONDON Pitmans the oldest correspondence college in UK has since its foundation in 1840 been guiding, tutoring and leading students from all over the world to commercial and professional qualifications that have opened doors to successful careers. You too can now achieve326 words
-
-
Page 6 Miscellaneous
-
Miscellaneous692 1981-01-17 6 -11-OIE CBOSSWOBD CRYPTIC PUZZLE ACROSS 1 Box containing vital personal things (5) 6 Witty retort from a girl? (5) 9 After this evening (7) 10 Pale yellowish flower! (5) 11 Natural subterranean explorers (5) 12 Only a drop, note (5) 13 She gives more than praise (7) 15 Pure poplin692 words
-
Miscellaneous661 1981-01-17 6 E Four-dimensional Man rrs that time «f the week agila to decide wlettet yeeYe getog to stay to to watch totovlstea er to ge set tad stretch yew legs. Satarday aftom—■ wIU be best speat away (rem the televlstoa set aaleas his hedy threagh aay The asaal Satarday afteraeea mstiarr661 words
-
-
Article, Illustration1752 1981-01-17 7 GUY DE JONQUIERES - SUFFERING LOSSES SINCE SEPTEMBER Britain's computer flagship is in difficult financial straits. Preliminary results for the year ended Sep 30 showed that pre-tax profits plunged to £4.6 million in the second-half, from £20.5 million in the first-half. The heavily indebted company is also losing out toFT - 1,752 words
-
801 1981-01-17 7 HENRY SCOTT STOKES - Mitsubishi Motors is likely to sever its capital tie-up with ailing Chrysler, despite talk of a Mitsubishi takeover of Chrysler. HENRY SCOTT STOKES discusses the merger question and the implications of the latest moves for the American car manufacturer. HENRY SCOTT STOKES NYTNYT - 801 words
-
Page 7 Advertisements
-
Advertisement161 1981-01-17 7 Subscribe to Business rimes no* and gel 41 issues free Subscribe to Business Times directly and save $25 (Its like getting 41 issues free) Here's a great opportunity for you to join the increasing number of Business Times readers who subscribe directly to us. If you subscribe now, you pay161 words
-
-
INTERNATIONAL STOCKS
-
EUROPEAN MARKETS
-
Article195 1981-01-17 8 JAN 15 Fls ABN 279 00 -15 Ahold 72 80 18 Akzo 1730 ■02 AMEV 92.00 06 Am fas 115.20 0.2 Amrobnk 58.00 0.2 17.20 -0J Berk 50 50 05 Bols 54.30 0.1 Borsumij 205 20 -0 8 Burhmann 58 80 -li Byenkorf 35 00 unch (/aland 28.40 0.3195 words
-
Article270 1981-01-17 8 JAN IS Frs CORBEILLE Air-Liquid* 482 unch B S N Gervals Danone 1028 -2 CSF (ThomsonCsf) 374 4 Cie Francalse des Petroles 222 -3 Compagnie Financier* 1 Compagnte Gene rale 361 unch Credit Foncier De France 401 I Hachette (Librairle) 380 35 Machines Bull 56 *♦•2.4 Michel in (Bt270 words
-
Article90 1981-01-17 8 JAN 15 Frs FORWARD MARKET Acec 281 4-1 Arbed 1220 -4 Astur 350 -5 Brascan 9S8 -10 Bru-Lamb 824 •48 Canpac 1106 2 Cock 148 -2 De Beers 302 1 Ebes 1650 Electrobel 3220 -75 Gb-Inno-Bm 2005 -45 Gev 1300 2 Hobok 2600 -35 Petro 5000 -f 80 Ryl90 words
-
Article202 1981-01-17 8 JAN IS Dm Aeg-Telefunken Akzo Allz Leben 72.00 15.80 *****0 -0.5 -0.1 unch AUz Vef» ***** BASF msoB Bay H T WbanM 211 OOB -1 Bay Vbank 296-00 ***** -0.2 BSC 296 00B BMW ISO 00 -2.5 Cassella ***** -Oil Chem Verw 231 00B -1 Commerzbank 134-20 2.1 Contl202 words
-
Article185 1981-01-17 8 JAN IS Francs Actions Suisses m •1 Alusuisse Br 1145 -IS Alusuisse Rcf. 440 -1 Brown Boven Br 1435 -25 Clba Geigy Br 1000 -5 Clba Getgy P C TO -IS Clba Geigy Rh 502 -3 Credit Suisse Br 27*. •S Credit Suisse Reg 473 -2 Elektrowatl Br. 2900185 words
-
Article97 1981-01-17 8 JAN IS Urr Anir 8.40 *****0 unch 4190 Bastogi Onlrmlc Ftml Kinsldrr Gen lmmob IH Pn Ilaicemenu I la Ifas are ***** ISM T575 2400 4350 ***** 1750 2D 610 147 1.75 30 230 290 89 Italstder Macnvti M Pf Marrlli Ere Mediob MiraUnza Mondadori Montedsn 292 CIO 38897 words
-
-
Article203 1981-01-17 8 JAN IS CS Abiubi MS A lean 40' Algoma 38 unch Bank Mont 32 unch Bank Nova Scotia 33 'i Brit Tel It' Beth COrp BP Can Ltd ZZ 38'. Rmran 35 Camp Red Lake unch Can Imp Bk i Canpar 41'. Can par Inv Pf 30 Carlinf O203 words
-
Article313 1981-01-17 8 JAN 15 Rand 4-/-INDUSTRIALS A Alpha 4308 Abercom 320 -10 AE And CI 830 -5 AM1C 2575 25 Barlows 1040 5 Cg Sugar CNA 550 unch Curne Finance 2406 De Beers Ind Edcon Edgars rroos unch Evrrrady Fed Votk 490 unch Fugit 240 unch Gardian 9 Gienanl Gralemn 1040313 words
-
-
Page 8 Advertisements
-
Advertisement644 1981-01-17 8 See Page 4 for Asian stocks and Page 9 for NYSE prices Where to wine, dine and entertain Inn Of Happiness Now open at the Hilton Dine Dine Cantonese style. Szechuan style. The Inn of Happiness brings together the best of two culinary worlds. Two kitchens. Two chefs. All to644 words
-
Advertisement141 1981-01-17 8 11 <* N Dragon Palace Raitaurant Siamese Seafood We re 'amous for our Restaurant Cantonese Cuisine. The Siamese Seafood Restaurant is as good as Bangkok! r> i. m. Victoria Bar The Coffee-House Relax in an atmosptwe of For informal meals and elegant days gone by. light-hearted snacks. EPCKpff rolß Oxley141 words
-
-
Article952 1981-01-17 9 AN AFTERNOON rally by energy issues lifted the New York stock market on Thursday to a narrow gain after being weak most of the day in lacklustre trading. Analysts said energy shares rose on a report that the price Hiram Walker-Consumers Home placed on952 words
-
BANKING AND FINANCE
-
Article256 1981-01-17 9 THE SWISS franc should remain steady at about Sfr 0.905 against the Deutscheraark, given the similarity of the current account problems in Switzerland and Germany. The latest issue of "Foreign Currency Review" published by Manufacturers Hanover Trust said the franc should show some firmness against the256 words
-
Article136 1981-01-17 9 Reuter TOTAL assets and liabilities sf commercial banks in Malaysia raw 1.44 per cent to M 599.12 billion in September (rem S2S.CS Milton In Angnst and 14.22 per cent tram $22.44 Milton In September 1179, According to Bank Negara Malaysia, total deposits beld by banks raseReuter - 136 words
-
159 1981-01-17 9 THE Nederlansche Middenstandsbank (NMB), which is represented in Singapore by Inter-Alpha Asia, has doubled its share in InterunionBanque of Paris. It recently raised its share to 90 per cent, having bought over Kredietbank's share of 45 per cent. The other shareholder of Interunion, Marine159 words
-
Article57 1981-01-17 9 THE SINGAPORE efflee Bu|k*k Buk has raised its leadiag rate to best esstomers by Vi palate to 15 per eeat effective today. The baah has alss increased Its savtags aad —e msath fixed depsslt rates by Vi pelato to lfVi per eeat aad 12 per eeat respectively.57 words
-
Article30 1981-01-17 9 DENMARK filed for an offering of US$lOO million notes due Feb 1. Proceeds of the offering will be used to finance the country's anticipated balance of payments deficit.30 words
-
Article, Illustration572 1981-01-17 9 ALVIN TAY - By ALVIN TAY THE SINGAPORE-based Asian dollar market is poised to report a record annual increase of more than US$l5 billion for 1960 the highest since the market began in October 1968. The size of the market, as measured by the gross assets and572 words
-
Article493 1981-01-17 9 Reuter THE US PRIME rate is gaining importance in the international loan market while losing influence in the US, bankers surveyed in London and in New York said. The shift reflects increasing competition in the US market and a growing reluctance among US banksReuter - 493 words
-
MONEY AND EXCHANGE$
-
Article506 1981-01-17 9 THE US dollar opened higher- against major currencies but failed to maintain its strength yesterday. Hie US dollar broke the 2UJO figure against the deutscfcemark It opened at the week's high of 2.0230/40 but f&i steadily to 2.0190/05 at lsnchtime, and further to close at 2.0190/00. Against the506 words
-
Article221 1981-01-17 9 TpE dollar opened quietly firm against most currencies and was quoted at 2.0172/82 marks against its close here on Thursday of 1.9995 2.0005, dealers said. They said the dollar's njain support is still high US interest rates with expectation that the rates will be maintained at the higher levels221 words
-
Article22 1981-01-17 9 THE average rate at which major Singapore banks are currently prepared to lend to their best customers is 14.4 per cent.22 words
-
Article180 1981-01-17 9 ASIAN RATES ASIAN currency deposit Interbank rates as at close on Jan 16: US Dollar*(Spot) Offer Bid 7 days 19% 19*4 1 month 211/10 2015/10 2 months 19% 19% 3 months 18% 18% 6 months 17% 17% 9 months 18% 16% 12 months 15% 15% Sw.Fr*. Dm. (Middle Price#) 1180 words
-
Article39 1981-01-17 9 RANGE of prices offered count houses on Jan 1 6: Overnight 7.4 Call deposits: t'4% dm Bmy 3-month Treasury bills 6 7 i to 7m b| Sell 3-month Bank bills 13* 13 12' 12 Source: National Discount Co39 words
-
Article121 1981-01-17 9 THE US dollar drifted downwards against major currencies in late thin trading in reaction to yesterday morning's firmness and the lack of any news to keep it buoyant. The mark firmed to 2.0170/75 to the dollar from 2.0230/35 earlier after opening at 2.0225/35, while the yen was stable through121 words
-
Article183 1981-01-17 9 SINGAPORE gold futures turned firmer yesterday afternoon on some shortcovering but prices still closed lower on balance compared with overnight levels, dealers said. Trading was generally quiet with operators awaiting the outcome of the negotiations over the US hostages in Iran, they said. Total sales for the day was183 words
-
Article40 1981-01-17 9 New York 14 90B 15 258 15 20S 1555S Zurich 14.906 15 208 1S.30S 15 806 PH llHn Singapore 15 00B 15 JOB 15.40S 15.70S Closing prices in US dollars a troy ouno P. Source: Credit Suisse, S'pore.40 words
-
Article50 1981-01-17 9 RESULTS of tender held yesterday for 91-day Treasury bills to be issued from Jan 19 to 23: Offered: $80,000,000 Applied for: $132,500,000. Allotted: $80,000,000. Accepted bids: $98.28 approximately 11 per cent and higher bids in full. Average rate of discount on allotment: 6.840 per cent per annum.50 words
-
Article106 1981-01-17 9 THE US dollar for overnight delivery yesterday closed firmer at 203.20 yen, compared with a 202.70 opening and a 202.55/70 closing in New York and 202.70/90 on the West Coast on Thursday. Trading was thin with volume US$6Bl million. The market calmed in the afternoon as dollar buying by106 words
-
Article45 1981-01-17 9 FRANKFURT exchanges closing quotes on Jan 15: US 1.9982/92 Stg 4 800 810 Can 1.6789 6809 D F1 91.86/98 S Fr 110.25/38 Lit 2.101/106 F Fr 43.16/22 D Kr 32.49/53 N Kr 38.42/47 B Fr (con) 6.213/221 B Fr (fin) 6.190/200 Yen 0.9896 991145 words
-
-
-
Page 9 Advertisements
-
Advertisement23 1981-01-17 9 ll aSW?' ti.V aH A** ">£ y *> aMMfI c nsfcik2S i <' 'Vt *;Vf fttl Distributed by 2m*. v, 4P h V v: X ii*r*»23 words
-
-
1932 1981-01-17 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 COMMERCIAL Aetna (3.368) (1)1,932 words
-
Article173 1981-01-17 10 SING APORE UNIT TRUST OUB-MONTAGl (Mimw' prices The Commerce tor Jaa 3 46 It) 3.C4 (Maaagerr pries* tor Jaa 17 A It) Union Spore Fund 138 143 The Saving! Fund 2.04 2.14 INCOME BOND UNIT S'pore Prog Fund S pore Sec Fund 1.48 1.56 (Ciiil pr tees) 2173 words
-
Article2805 1981-01-17 10 Gr'« Gr'» Net 1980/1981 Last Div Div Y'ld P/E Vol Day High Low Company Sale or- C'vr COOO) High Low SECTION ONE INDUSTRIAL A COMMERCIAL 372 245 Acma 336 unch 15.0 2.8 4.4 112 5 336 334 300 220 Alcom 300 12.0 2.5 4.0 17.0 155 1162,805 words
-
Article2008 1981-01-17 10 BID and offer prices officially listed and business in and reported to the Kuala Lumpur Stock Eichange yesterday with the number of shares traded shown in brackets in lots of 1,000 units, unless otherwise specified. MHOTRIAL6 Aeaa (3.408) llainuti (3.068) Aleem (2.835) 2 83 (3) 2.81 A2,008 words
-
Article48 1981-01-17 10 MALAYAN Banking Berhad: EOGM to be held at no. 92, Jalan Bandar, Kuala Lumpur on Jan 17, 1981 at noon. CHEMICAL C—ipaay «f Malaysia Berkad: Nineteenth AGM to be held on the Ground Floor of Bangunan MIDF, 195A, Jalan Pekeliling, Kuala Lumpur on Jan 21, 1981.48 words
-
Article, Illustration618 1981-01-17 10 AN EASES tread waa seea ia the Htogsperr stock market yesterday as prefittakers rated far the greater part sf the day. After twa weeks aa the rise, the market appeared dae far a needed earrecttoa to aeatraMee Ita overbought posltisa. Bat altheagh seUers dictated the tread618 words
-
Article531 1981-01-17 10 AN EASIER trend was seen on the Kuala Lumpur Stock Exchange yesterday despite some steady support emerging in the afternoon. This, however, failed to be maintained and prices finished the day with marginal to moderate losses. Profit-takers were again at the scene and coupled with531 words
-
COMPANY NEWS
-
423 1981-01-17 11 LOYTAPE has told the Kuala Lumpur Stock Exchange that the number of its shares to be issued to the vendors of shares in the four companies it proposes to acquire will be based on the net tangible asset per share on Sep423 words
-
Article, Illustration1085 1981-01-17 11 KOH TSE YING - By KOH TSE YING ALTHOUGH the future of its newspaper and publishing business is being viewed with "tempered optimism", the Times Organisation can still look forward to another successful year. Both its listed companies, Straits Times Press (1975) and Times Publishing, chalked up excellent results1,085 words
-
Article110 1981-01-17 11 THE financial advisers to Singapura Building Society, Morgan Grenfell, have advised shareholders against taking any action regarding Straits Trading's offer until SBS's circular has been despatched. Morgan advised that shareholders should wait until they have received the circular from SBS which will include the merchant110 words
-
812 1981-01-17 11 Market Talk... INVESTMENT adviser and chartist James Cewaa Associate* said in its latest newsletter that for the current bullish mode to remain intact, the Straits Times Industrial index should stay above 680. Otherwise, it would be an early signal that the anticipated812 words
-
Article, Illustration537 1981-01-17 11 mm<s by HOCK LOCK SIEW LOWER-LINER Amcol has sprung from obscurity into the forefront of market activity with all the vigour and excitement which usually accompany highlyspeculative issues. The steep ascent of its share price not only raised many eyebrows but also drew several interesting if not tooby HOCK LOCK SIEW - 537 words
-
Article174 1981-01-17 11 A PROPOSAL for the recommendation of Kaala Lampar-Kepaag's final dividend will be made at a board meeting scheduled for Jan 31,1981. PAN Malaysia Cemeat has clarified that work on its tyre plant is not expected to begin in March as was earlier reported. In a reply to the174 words
-
-
Page 11 Advertisements
-
Advertisement103 1981-01-17 11 Every business has its share of VIP guests. What better way of telling them they're important than by greeting them in a chauffeur driven Jag? Unless, of course, you'd prefer the thrill of driving one yourself. So next time you have a VIP §uest, impress him. The Jaguar eries 111.103 words
-
Advertisement435 1981-01-17 11 Businessmen, Are You Getting Your Share of the Billion Oil Industry? The South East Asia OH Directory 1980-81 (Third edition) is the only professional reference work which brings together an encyclopedic volume of material to serve all sectors of the oil industry. It is the most comprehensive and in-depth coverage435 words
-
-
284 1981-01-17 12 AFP THE Netherlands has assured Malaysia that it will use its influence as a member of the European Economic Community (EEC) to liberalise the EEC's trade restrictions against Malaysia. The Dutch Minister of State for Foreign Trade, Mr Herman Beyen, gave this assurance during aAFP - 284 words
-
Article132 1981-01-17 12 AFP THE US Air Force has successfully tested a laser beam capable of destroying intercontinental missiles in flight. Air Force Secretary Hans Mark said he is satisfied that the US has passed a very significant milestone and that the laser in the airplane is capable of firingAFP - 132 words
-
Article, Illustration399 1981-01-17 12 Reuter, UPI JAPAN will provide Malaysia with a 21 billion yen long-term, low interest loan for development projects under an agreement signed in Kuala Lumpur yesterday. Japanese Foreign Minister Masayoshi Ito and his Malaysian counterpart, Tengku Ahmad Rithauddeen, signed the agreement for the loan,Reuter,; UPI; UPI photo - 399 words
-
Article840 1981-01-17 12 LONDON, Fri. Share prices rose slightly in moderate trading today on news that UK inflation had slackened to an annual 15.1 per cent. At 3pm, the Financial Times index was up 4.1 points at 452.6. Equity leaders were mainly a penny to 3p firmer though ICI slipped 2p840 words
-
Article92 1981-01-17 12 AP NEW YORK, FYi. The stock market advanced moderately this morning. The Dow Jones average of 30 industrials, up 4.87 points in the last two sessions, gained another 3.49 to 973.46 in the first half hour. Advances outnumbered declines 5 to 3 in the early tally of NYSE-listedAP - 92 words
-
192 1981-01-17 12 ONLY locally-qualified pharmacists can register with the Pharmacy Board under the new Pharmacists Registration Act, 1979, which came into force yesterday. A statement from the Ministry oI Health yesterday also said that foreignqualified pharmacists can be registered only after they have passed an examination in192 words
-
Article255 1981-01-17 12 SENIOR Singapore executives will soon be able to enjoy a Harvard Business School residential course without having to go to Harvard. In July, three Harvard professors will conduct in Singapore an intensive twoweek residential course modelled on the Executive Management Programme that has, over the last255 words
-
257 1981-01-17 12 THE MOST significant aspect of the inauguration of Ronald Reagan as the new President of the United States is that there is a rhythm to the election of American presidents. This remark was made by Dr Daniel Boorstin, a librarian with the257 words
-
Article410 1981-01-17 12 AFP THE immediate prospects (or Hongkong's economy are soured by a (ailing demand in export markets, high inflation, record interest rates and unchecked credit expansion. But on the whole, there is no reason to be despondent. This is the assessment of the Hongkong and ShanghaiAFP - 410 words
-
Article310 1981-01-17 12 Reuter THE PRESIDENT erf Mitsubishi Motors said yesterday that his company's relations with the ailing Chrysler is absurd. Mr Yoshitoshi Sone said they would have to be revised before Mitsubishi would even consider helping Chrysler. Although he declined to elaborate on what he regarded asReuter - 310 words
-
327 1981-01-17 12 BUSINESSMAN Kiratrai Khemlani was acquitted of three corruption charges against him yesterday when the prosecution decided not to offer any further evidence following the impeachment of its two star witnesses. Ronald Hutchinson, 54, a retired freelance jockey now living in England, was the second witness327 words
-
Page 12 Advertisements
-
Advertisement118 1981-01-17 12 EXPO TRENGGANU g Kuala Trengganu.Jun 13-26,198 loinlly organised by: I n-njyj.viu Stall" (.ovi-rnmi-nt &Tr<»ngj}<>nu M.il.iy t hdnib*f ot Comnntip and Industry The Opportunity State An exposition for manufacturers, processors, distributors, agents or from any aspect of the business community. Here's the chance for you to expose your products and services,118 words
-
Advertisement240 1981-01-17 12 r Swiss technology for Asean 14-18 January 1981 Singapore Mandarin Hotel Open: 10 am 8 pm SWISS TRADE AND TECHNOLOGY FAIR I Three years after the very successful first SWISSASEAN, you can again, in the heart of S.E.Asia, establish and tighten business relations with more than 100 dynamic Swiss companies.240 words
-
-
Page 12 Miscellaneous
-
Miscellaneous139 1981-01-17 12 &WE'AT HERi THE RAINFALL for the first two weeks of this month was below, average over the whole of Singapore, although rain fell over many areas on seven days. The north-east-ern districts received the least rainfall of less than 10mm, while the southern and central areas the most rainfall of139 words
-
-
LEISURE TIMES
-
324 1981-01-17 13 RICHARD SEAH - RICHARD SEAH MIKHAIL Baryshalkev performing on Br—dway is like u ox knife killing chickens he executes the dances with minimsm effort. Bwyshaikiv has always admired Broadway dances. "Broadway dance fasdaates me because it is unique. Broadway dancers sing, dance, act all at the same324 words
-
Article55 1981-01-17 13 MORE than a hundred pieces of Kazakh folk art and craft from the 19th to the 20th century will be exhibited at the National Museum Art Gallery from today till Jan 30. The exhibits are from the Central State Museum of Kazakhstan, the oldest museum In55 words
-
Article, Illustration1179 1981-01-17 13 TSANG SAU YIN - DESTINATION By TSANG SAU YIN MONEY and a dream made a cherished reality out of one man's memories and possessions. William Randolph Hearst, newspaper tycoon born with a silver spoon in his mouth, was the man and his fantasy was a castle set on a coastal1,179 words
-
Article, Illustration488 1981-01-17 13 WONG AI KWEI - By WONG AI KWEI SWITZERLAND! Snow-capped mountains, 140 glaciers, 1,500 lakes and miles and miles of ski slopes. An ideal vacation country rich with colour and culture where the yodel and the alphorn have become symbols of Swiss (oik music and where the people can speak two, three488 words
-
Article588 1981-01-17 13 SIOW LI SEN - By SIOW LI SEN CONTRARY to general misconceptions, Jewellers and not the laymen are those who get taken in by diamond substitutes, said Douglas Hucker, diamond grader and instructor with the Gemological Institute of America (GIA). Mr Hucker should know for he has been educating jewellers588 words
-
Article, Illustration668 1981-01-17 14 HYPERION - FROM THE HORSE'S MOUTH By HYPERION THE ANNUAL trip to Australia for the Melbourne Cup meant missing the last Singapore race meeting and it will not only be the new stand that makes the place seem unfamiliar this weekend. Still we had more than a few winners668 words
-
Article, Illustration710 1981-01-17 14 CHARMAINE CHAN; CHARMAINE CHAN - What's the attraction? The Swingaround Challenge Trophy, which is 24-carat gold plated, incorporates the PAL's official logo, a map of its destinations and the specially designed logo for this inaugural tournament. CHARMAINE CHAN reports on the PAL Swingaround Qotf Tournament which will be held710 words
-
690 1981-01-17 14 RONALD KOW - By RONALD KOW THE RESULT of tomorrow's Malaysia Cup soccer match between Singapore and Penang at the City Stadium ought to be a bit tougher to predict than last Saturday's home game against Perlis. Yet there are some hopefuls who have690 words
-
Article402 1981-01-17 14 TODAY GOLF: The second designated Singapore Golf Association tournament for selection of Singapore's representatives to various international competitions will be held this weekend. SICC: The first 18 holes will be played at the New course this afternoon without the seven participants who will be competing in the402 words
-
Article, Illustration871 1981-01-17 14 THE EXECUTIVE JOGGER J By PEEBLE Eight run wttheat a wis last year spelled dlsappelatmeat for IVORY HOUSE alter the Hetfoet eeif a eaeaaragtag Um seaasa. CHaiplis trataer Teh Qy Beag expect Mm to start sffMslfM eampalga with a wia ta Baee f today. Beth kfaBy PEEBLE - 871 words
-
Article, Illustration899 1981-01-17 14 ■0T0RII6 with Hermes EVERY time the price of petrol rises, cars under the one-litre class become more sensible buys. The Suzuki 800, priced at $16,200 (ARF), appears a likely choice. Sometime last year, the Suzuki SS4O was hailed as one the most promising mini-cars on the899 words
-
-
Page 13 Advertisements
-
Advertisement106 1981-01-17 13 BUSINESS TIMES GIVES YOU THE EDGE FIRST racing mating in Singapore. HYPERION raturnt to halp you placa your bats at tha Turf Club. Hia mata, ALIA, will chip in to giva a halping hand. ALL tha aalactad golfara from Singapora, Malayaia and Indonaaia ara aat to play in tha PAL106 words
-
Advertisement10 1981-01-17 13 [BUSINESS TIMES When we say business we mean just that10 words
-
-
Page 13 Miscellaneous
-
Miscellaneous428 1981-01-17 13 WHAT WHERE FILM SHOWS DRUG Rehabilitation In Singapore and The Long Road Back will be screened at the Toa Payoh Branch Library's Lecture Hall today at 3pm. Courtesy of the Singapore Anti-Narcotics Association. Free admission. A FILM on Malaysia and Indonesia. Today at 7.15pm at the Toa Payoh Branch Library.428 words
-