The Business Times, 14 February 1981

Microfilm: NL10904
Total Pages: 14
1 14 The Business Times
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  • Title Section
    Masthead
    10 1 BUSINESS TIMES M.C.(P) No. 107/1/81 SATURDAY, FEBRUARY 14,1181 60 CENTS
    10 words
  • BRIEFLY...
    • Article
      Parliamentary approval
      41 1 Parliament is to be asked for approval to reclaim approximately 510 hectares of the foreshore and seabed at Pulau Tekong Besar. A motion to this effect will be tabled at the next sitting of the House on Feb 17.
      41 words
    • Article
      Bundesbank intervenes
      72 1 FRANKFURT, Fri. West Germany's central bank, the Bundesbank, sold a record US$l64 million in a massive intervention on the foreign exchange market today to help the mark against a soaring dollar. The dollar, which leapt ahead again against all major currencies, was fixed in Frankfurt at 2.1915 marks,
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    • Article
      Lock icon Inflation slows
      59 1 Reuter LONDON, Fri. Britain's annual inflation rate fell to 13 per cent last month, the eighth consecutive month of decline, from 15.1 per cent in December, the employment department announced today. t The cost-of-living figures over 12 months have been falling steadily since they peaked under the present
      Reuter  -  59 words
    • Article
      Pig farms safe
      52 1 WELLINGTON, Fri. New Zealand authorities are becoming increasingly optimistic that a suspected exotic disease outbreak on a South Island pig farm is not foot and mouth. Stock on 203 properties within six km of the affected farm in south Canterbury had received initial clearance from Agriculture Ministry
      52 words
    • Article
      Lock icon Arms negotiations
      50 1 AFP LONDON, Fri. Libya is negotiating to buy British military equipment worth about US$lOO million through a Greek construction company, the Financial Times newspaper reported here today. The Greek company, Edok-Eter, quoted by the British financial daily, said that the equipment was for Libyan army firing ranges. AFT
      AFP  -  50 words
    • Article
      Lock icon Bomb explodes
      61 1 UPI NeW DELHI, Fri. A bomb explosion believed to be the work of saboteurs disrupted the flow of oil through a pipeline today in the troubled northeastern Indian state of Assam. Pipeline superintendent Paban Bharali said at the state capital of Gauhati the explosion blew off a part
      UPI  -  61 words
    • Article
      Lock icon Search for N-site
      59 1 AP BANGKOK, Fri. The Thai government is conducting surveys in southern Thailand for a location for the country's first nuclear power plant, a senior government official said. A spokesman for the Electricity Generating Authority of Thailand said the government revived the surveys late last year after 15
      AP  -  59 words
    • Article
      Lock icon Signs of oil
      69 1 Reuter TEL AVIV, Fri. Israel has discovered signs of oil in an exploratory drill on the coastal plain north of Tel Aviv and tests are being made to see whether there are commercial quantities, oil company sources said today. The signs were found at a depth of
      Reuter  -  69 words
  • Article
    Chief Price Changes
    132 1 Rises Indices Getting! Straits Trading Pad Main' Dunlop lad Shangri-La Hong Leong lad Aabaaaador D Keramat Sea View Perak Carbide 8 P Textile 8 T P 1975 1290 1470 1150 680 2850 700 525 1680 885 318 184 850 140 110 90 80 50 50 45 30
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  • Article, Illustration
    KUALA LUMPUR
    146 1 Rises Indices Gen ting Hong Leoog Ind Syn Resins Sea View Con KSidim M Cement C Storage Ltd 1400 790 GOO 1050 3350 328 530 940 520 140 +70 +50 50 +50 28 25 25 24 Feb 12 Feb 13 B.T.Index: *****.74 *****5J1 Industrials: 968.91 970.81 Finance: 1539.72
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  • Article
    Feverish activity strains brokers
    698 1  -  INDICES AT NEW PEAKS By BIBIANA CHOO A MINOR back-log of paperwork, persistent bearish rumours and generally weak overseas trends failed to stop the advance of the Singapore stockmarket to a record high yesterday. Most of the major indices reached new peaks, with the Straits Times
    698 words
  • Article
    Gentings sells its H and C stake
    268 1 IN A move that will put an end to its stormy four-year relationshp with plantation giant Harrisons and Crosfield, casino operator Genting Berhad will sell its 4.3 per cent interest In the group to Permodalan Nasional Berhad, the investment company of the Malaysian
    268 words
  • Article
    EDB wants banks' participation
    536 1  -  By LEE YOKE MENG THE Economic Development Board (EDB) has strongly urged the hanking community to participate in its long-term, preferential fixed-rate financing scheme for selected manufacturing activities. This preferential financing in Singapore dollars, one of several provided under the EDB's Capital Assistance Scheme, has been
    536 words
  • Article
    Lock icon Chambers to form company
    273 1 AFP THE Associated Chinese Chambers of Commerce and Industry, Malaysia (ACCCIM) is to launch a multi-million dollar holding company for improving the economic position of lower income Chinese in the country. It is believed the company, with an initial capital of MSIOO million, will be registered
    AFP  -  273 words
  • Article
    Three civil servants to get $14,300pm each
    277 1 THREE nMuilag HvU Hrvuti will each earn a maathly gr— Mlary at $14,JN fram Mit maath foltowtag tkeir pramattea to Staff Grade I, toe Pnh--11 r Be» vice Caauafcntoa aaaaaaccd yesterday. The three Sbn Kee Bees, Nglam Tnag Daw aad J.Y.M Ptltay are
    277 words
  • Article
    CPF Board reviews investment policies
    434 1  -  By FONG MEW LENG THE Central Provident Fund Board is reviewing its investment policies and interest rates on CPF contributions. Minister for Labour Ong Teng Cheong said this in his addendum to the presidential address in Parliament. "As a hedge against inflation, the CPF Board
    434 words
  • Page 1 Advertisements
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      Page 1 Advertisements Column 1
      15 1 The Singapore's Straits Business Times World DIRECTORY at your of Fingertips j Singapore (Buku Merah)
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      Page 1 Advertisements Column 2
      131 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 dual
      131 words
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      Page 1 Advertisements Column 3
      70 1 REAGAN plans to Ugh ten taxes on citizens abr0ad..................... S PLYWOOD manufacturer opens regional 0ffice........................... 5 WAFER diffusion plants to make defeat..........................*.*.. LEISURE TIMES AIRLINES prepare for boom SHANGRI-LA to bnild second extoadoi 11 KEPPEL establishing Joint ventore company 12 CROSSWORD I, TV AND RADIO I, WHERE TO WINE AND
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      Page 1 Advertisements Column 4
      65 1 FOR PEOPLE WHO MATTER STANLEY LEASINGHAM At the Clare- Leasingham Valley, nature conspires with man to produce a vintage. Rich grape juice left to matur< and rraqicaly transforms into wine that s mallow and smooth t<> fast* STANLEY LEASINGHAM 1980 RIESLING now ready to be favoured any moment V Vv
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  • REGIONAL
    • Article
      Lock icon Beijing warns US again on Taiwan issue
      325 2 UPI CHINA warned the United States yesterday not to disrupt bilateral relations because of the Taiwan issue. The latest Chinese warning came during the departure of the American ambassador to China, Mr Leonard Woodcock. Mr Woodcock said he hoped ties between China and
      UPI  -  325 words
    • Article
      Lock icon Cargolux services to Senai Airport
      195 2 AFP CARGOLUX Airlines International of Luxembourg plans to start cargo freight services to Senai Airport in Johore, Malaysia, in September or October. The airline's president, Rinar Olafsson, said this after calling on Deputy Transport Minister Or Goh Cheng Teik at his office on Thursday. He
      AFP  -  195 words
    • Article
      Lock icon China in need of aid to continue projects
      782 2 Agencies VICE-CHAIRMAN Deng Xiaoping has said that China wishes to go ahead with the-troubled industrial projects being built by Japanese companies if it can obtain low-interest financing or run them as joint ventures. Japanese diplomatic sources said Mr Deng told the visiting
      Agencies  -  782 words
    • Article, Illustration
      Lock icon Communist party for Mitterrand
      240 2 Reuter FRENCH socialist leader Francois Mitterrand was entertained to a banquet on Thursday night by the communist party chief in China's eastern province of Shandong on his way to the birthplace of the ancient Chinese philosopher Confucius. The Xinhua news agency reported that Shandong Party First
      Reuter; AP photo,  -  240 words
    • Article
      Lock icon Chun Doo-hwan makes plans for new Cabinet
      233 2 AP WITH his election to a seven-year term now a formality, President Chun Doohwan of South Korea is making plans to form a broadly-based new Cabinet. Political sources said the Cabinet will be named just before or immediately after the presidential inauguration on
      AP  -  233 words
    • Article
      Lock icon US oil companies sign pacts with Indonesia
      199 2 Reuter FOUR North American oil companies signed production sharing agreements with Indonesia and pledged to spend at least US$l2B.B million in exploration costs during the next six years, Indonesia's Minister for Mines and Energy Dr Subroto. said. The companies are Husky Oil International,
      Reuter  -  199 words
    • Article
      Lock icon Likely largest buyer of Indian goods
      172 2 Reuter THE Soviet Union is likely to emerge as the largest buyer of Indian consumer and engineering goods in the next Ave years, Soviet and Indian trade officials said. The goods will be exported under a 1981-85 trade agreement between the two countries signed
      Reuter  -  172 words
    • Article
      Lock icon AUSTRALIA LIKELY TO DENOUNCE POL POT REGIME
      155 2 AFP THE AUSTRALIAN gsverameat wu yesterday expected le —wee Its dereeegalttoa «f the mM Pel Pet regime la Kaaipaehea. Ia a treat page splash, yesterday's edittoa si the Melkmuae Age aewspaper made this predletlea saylag that the aetlag AastraUaa Pereiga Mlalster, Mr Michael
      AFP  -  155 words
    • Article
      Lock icon Japanese economy expands at slow pace
      292 2 AFP, Reuter THE Japanese eetatay Is still expending at a slew level remains ■ndistsnii «f preduetlen to weak. A government report, paMtohed by Ike Eeauimlc Planning Agency, snld par* soanl spending» me latrens Ing but heavy saewtnll In mrttwn Japan to having an adverse
      AFP,; Reuter  -  292 words
    • Article
      Lock icon Party clears way for re-election of Marcos
      436 2 Reuter PHILIPPINE President Marcos' ruling New Society Movement (KBL) has cleared the way for his re-elec-tion as head of state, while the opposition moved closer to fielding an alternative candidate. The KBL on Thursday approved constitutional changes aimed at arranging a new presidential
      Reuter  -  436 words
    • Article
      Lock icon Major changes in Philippine banking laws
      321 2 AFP SWEEPING changes in Philippine banking laws have been decreed by President Marcos as the country reels from its biggest banking scandal sparked by a multi-million dollar debt abandonment case o( a prominent businessmanbanker. A series of presidential decrees raising central bank capital from
      AFP  -  321 words
    • Article
      Lock icon Guerilla ambush
      99 2 Reuter A LIEUTENANT in the Philippine Paramilitary Constabulary and two enlisted men were killed in an ambush by about 50 guerillas of the communist New People's Army (NPA) in the Central Philip-' pine island of Samar. The Philippine Defence Ministry said yesterday that one of the guerillas was
      Reuter  -  99 words
    • THE REGION IN BRIEF
      • Article
        Lock icon SAUDI-THAI OIL DEAL
        412 2 Agencies SAUDI Arabia has agreed to supply Thailand with 65,000 barrels a day of crude oil on a government-to-govern-ment basis. The contract will be renewable every three months and will be based on Saudi Arabia's posted prices. The first shipment will arrive in April this year and
        Agencies  -  412 words
  • Page 2 Advertisements
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  • OVERSEAS
    • Article
      Lock icon New Polish PM calls for peace
      517 3 Reuter RESPITE in Poland's sevenmonth labour crisis appeared likely following a call yesterday by the new prime minister for a 90-day strike moratorium and a pledge to strive for industrial peace by working out agreements with the independent trade unions. The independent trade union
      Reuter  -  517 words
    • Article
      Lock icon UK seamen's strike off
      218 3 AFP LEADERS of Britain's 26,000 seamen called off on Thursday night a five-week-old campaign of lightning strikes that has badly bruised the country's shipping industry. The National Union of Seamen ordered an immediate return to work after 13 hours of bargaining with leaders of the General
      AFP  -  218 words
    • Article
      DAILY AIRCRAFT MOVEMENTS
      804 3 ARRIVALS Service Local Operator Number Time From PAA PA0C5 0030 JEKSFOHKG MAS MH601 0630 KUL CAL CI331 0700 TPE FT FT71 0710 JFK/ORD/KUL SIA SQ101 0815 KUL MAS MH605 0630 KUL MAS MH621 0835 PEN MAS MH671 0930 KUL SIA SQ211 1000 HLP CAL CB14 1000 HLP
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    • Article
      Lock icon US denies meddling in Polish internal affairs
      172 3 Reuter THE United States has rejected complaints by Soviet Foreign Minister Andrei Gromyko of US interference in Poland's internal affairs and criticised the Soviet embassy for publicising Mr Gromyko's views. State Department spokesman William Dyess declined to comment on other aspects of a
      Reuter  -  172 words
    • Article
      Lock icon Reagan plans to lighten taxes on citizens abroad
      569 3 AP. Reuter THE US government plans to lighten taxes on Americans abroad and to seek changes in the law against their offering bribes to nonAmericans. A cabinet level committee of the Reagan Administration on Thursday agreed to do this within the next
      AP.; Reuter  -  569 words
    • WORLD IN BRIEF
      • Article
        Lock icon CARTER HAD NO POWER
        419 3 Agencies A US District Court judge has ruled in Dallas that former President Carter did not have the authority to order the freeing of Iranian funds in domestic branches of US banks as part of the settlement to free the 52 American hostages. The judge granted
        Agencies  -  419 words
  • Page 3 Advertisements
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      Page 3 Advertisements Column 1
      76 3 He is only asked to lift a finger in order to operate the electric windows. Our tired executive can sit back on the luxurious velour upholstered cushit adjust his contoured seats to com And reflect thai reliab The Galant Super Sa »Cu) Cycle Carriage Group Open every Sunday Marine Parade
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  • RAW MATERIALS
    • Article
      Rubber loses eight cents
      293 4 DULL and featureless conditions predominated over the lunar New Year period, in sharp contrast to one year ago, as levels sagged each day lose eight cents overall in thin turnover. Holiday, Cutler, Bath and Company in its latest review of the Singapore and Malaysian rubber markets
      293 words
    • Article
      SOYBEAN
      139 4 SOYBEAN futures in Chicago on Thursday closed 9'/2 to 11 >/i dents a bushel lower, near the middle of a 17 cent range in thin dealings. Strength in the dollar, which traders believe is resulting in continued slack export interest, also weighed on sentiment. Earlier, chart selling added imputus
      139 words
    • Article
      WHEAT
      131 4 WHEAT futures in Chicago on Thursday closed 4'/i to seven cents a bushel lower. Prices settled near the middle of a 6 '/2 cent range. Speculative long liquidaJtion followed Wednesday's •■bearishly interpreted ="USDA crop report, espei cially the increase in USSR output, traders said. Traders also cited private forecasts
      131 words
    • Article
      RUBBER
      189 4 THE Singapore market closed slightly higher with March One RSS buyers quoted at 279.75 cents a kilo, up 0.50 cent from Thursday's close. Morning prices were marked up slightly on light speculative buying. The afternoon was quiet and featureless. In Koala Lumpur, the market closed slightly higher with March
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    • Article
      RAS PRICES
      324 4 RAS prices In cents per kilo yesterday: Noon (per kilo) Buyers Sellers Int. 1 R.S.S. prompt f.o.b. 277.50 278.50N Int. 1 R.S.S. March 280.00 280.50 Int. 1 R.S.S. AprU 283 50 284.00 Int. 2 R.S.S. 261.50 262.50N UK/Coot 260.50 261.50N Int. 3 R.S.S. 258 50 259.50N UK/Cont 257
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    • Article
      SSR and SMR
      125 4 NOON SSR and SMR pricM ymt onlay: RA8 SSR 20 SSR SO MBKLB (1-UX (1 tor i pallet) i pallet) March (Camat MU) Bayer* Seller* 244 50 245 50N 241.00 242 00N April (Forward Mlk) Bayer* Seller* 246.50 248.50N 243 00 245.00N SMRCV SMR L SMR S
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    • Article
      Straits Tin
      83 4 THE STRAITS tin price in Penang yesterday fell 21 cents to Ms3s.ss a kilo, still within the International Tin Agreement's middle range price of $39.11 to $32.74, dealers said. The fall was a technical adjustment to Thursday's rise. Sterling's weakness and higher offerings of tin contributed to the
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    • Article
      CLOSING PRICES
      34 4 Rubber: Feb 13 Singapore: March: 279.75 cents (up 0.50 cent) Malaysia: March: 302.00 cents (up 0.25 cent) Tin: M $30.59 per kilo (down 21 cents) Official offering: 135 tonnes (up 36 tonnes)
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    • Article
      US rice export forecast
      109 4 US RICE exports will reach a record 97.5 million hundredweight (cwt) in 1960/81, up 3.5 million cwt from the previous forecast and up from 82.5 million cwt in 1979/80, the US Agriculture Department said. USDA, in its world supply and demand report, said the increase mainly
      109 words
    • Article
      Produce exchange
      176 4 CHINESE Priiiee Exchange, Singapore, cl—lag prices per lMkg yesterday. C«MMt all: Bulk fob $129.00 sellers, old drum (in second hand drum) fob $139 00 sellers, new drum fob $145.00 sellers. Capra: Mixed (looae) $79.00 buyers. Pepper: Muntok white pepper fob Asta NLW $427.50 sellers, Sarawak white pepper faq
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    • Article
      TEXTILES
      193 4 YARN and cotton prices were quoted as follows in Hongkong yesterday: (In HK dollars, spot ex-go-down) Csttaa yara: China Blue Phoenix 20a 2,185; 32b 2,750, 40a 2.980 (per bale of 400 lbs). Piece gasda: China Butterfly and Globe brand unq; Dragon Head unq; Five Lambs unq; Flower and Butterfly
      193 words
    • Article
      RICE
      325 4 SINGAPORE: Yesterday's closing prices in SI per kilo, ex-godown: THAI WHITE: 100 per cent first class (Kangaroo) new crop 1.17, 100 per cent second class 0.97, 100 per cent third class 0.96, 25 per cent new crop no stock, B-10 per cent 0.85. THAI BROKEN: A-super 0.77, Special 0.75.
      325 words
    • Article
      LONDON MARKETS
      925 4 COFFEE: Robusta futures yesterday closed the morning steady but with pared gains of £10 to £6 a tonne from Thursday. The market had opened up to £16 higher. Turnover was 387 lots including six options. Near March ended the morning £10 up at £995 after opening £16 up
      925 words
    • Article
      PALM OIL
      118 4 THE Kuala Lumpur market continued to move higher on further short-covering in active trading, dealers said. In February, the southern and central regions rallied to M 51,020 and $1,010 respectively whtie in March, the central region rose $2.50 to $1,005. The refined market turned featureless when India and
      118 words
  • ASIAN STOCKS
    • Article
      Shares fall sharply
      511 4 TOKYO SHARE prices yesterday fell sharply with many investors discouraged by high corporate bankruptcies last month and slow foreign investor buying, dealers said. The market average lost 54.27 to 7,207.22 but trading was slow with volume 250 million shares because of high outstanding buying contracts in margin
      511 words
    • Article
      Hongkong
      354 4 THE market yesterday opened weak after Thursday's sharp decline. Selling pressure was heavy until mid-morning when the index was down nearly 20 points. By 11am, the market stopped its decline and traded mixed until the last half hour when buyers stormed back into the market pushing the index up
      354 words
    • Article
      Sydney
      342 4 MINERALS and resources continued to drift in moderate trading yesterday under pressure from profit-taking and a lower world gold price. The Australian all ordinaries index was down 4.5 points to 653.8, brokers said. BHP was unaffected by its better than expected interim profits, announced just before the close, and
      342 words
    • Article
      Bangkok
      284 4 STOCKS yesterday closed mostly lower in quiet trading, dealers said. Among losers, Bangkok Bank fell two baht to 302, First Trust 2.50 to 73.50, Mah Boonkrong Drying and Silo two to 188 and Siam Cement two to 270. The only gainers were Dusit Thani, winning one baht to 187,
      284 words
    • Article
      Manila
      145 4 STOCKS yesterday closed slightly higher. Commercial industrial stocks were unchanged and mining and oils firmer as turnover rose to 1.9 million from previous 1.7 million pesos, dealers said. Oriental B lost and Phil Overseas gained while the" rest were unchanged or untraded. FEB 13 Pesos Arojr Mining 0064 unch
      145 words
    • Article
      Selected indices
      48 4 FINANCIAL TIMES INDUSTRIALS Thursday 400.0 Wednesday 406.1 Week Ago 472.0 DOW JONE8AVERAGE INDUSTRIALS Thursday 836.00 Wednesday 942.49 Week Ago 946.76 H.K.HANG SENG Friday 1573.87 Thursday 1575.85 Week Ago closed AUSTRALIAN INDUSTRIALS Friday 671.8 Thursday 872.3 Week Ago 661.8 ALL ORDINARIES Friday Thursday 858.3 Week Ago 661J
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  • Page 4 Advertisements
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      Page 4 Advertisements Column 1
      170 4 AN INVALUABLE GUIDE to the banking, finance and insurance community iv- ■■yjSHU ■m f- OW*W <* V, m, CONTENTS «V ,1? to >■- V "V, £L' 7 JL J a copy Available at all leading bookshops and emporiums Published by: TIMES DIRECTORIES (PTE) LTD ian associate of the T>mes Organisation)
      170 words
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  • TRADE AND INDUSTRY
    • Article, Illustration
      Diamond grading
      379 5 THOSE in the jewellery |rade who missed the Gemological Institute of America diamond grading course held in Singapore last month may have Another opportunity to enrol for similar courses. IPinsler, honorary secretary of the Diamond Importers Association of Singapore, said on Thursday that after the GIA Course held
      379 words
    • Article
      Warming up to air cargo conference
      348 5 ABOUT 100 delegates from Europe have registered for the Asian Air Cargo Conference scheduled to be held from March 27 to 28 in conjunction with the Airports Towards the Year 2000 exhibition at the World Trade Centre. Ray Crane, publisher of Airtrade magazine, which
      348 words
    • Article
      JIS mark
      56 5 A SEMINAR will be held on Feb 20 to acquaint local manufacturers with the procedures of applying for the Japanese Industrial Standards quality mark. The organisers of the seminar are the Singapore Institute of Standards and Industrial Research, Japan Trade Centre and the Japan Standards Association. Interested manufacturers
      56 words
    • Article
      The role of industrial services
      240 5 A PANEL of prominent speakers from the public and private sectors will discuss the progress made in restructuring the Singapore economy in a seminar organised by the Singapore Manufacturers' Association. The seminar will examine the role played by industrial services in supporting manufacturing operations. Called
      240 words
    • Article, Illustration
      Plywood maker opens regional office
      646 5  -  By RICHARD SEAH A LEADING Finnish manufacturer of plywoods and other wood panels has set up a regional office in Singapore to develop its Far East markets. Oy Wilh Schauman AB opened its Singapore representative office last month. The office is headed by Ulf Rosenqvist,
      646 words
    • Article, Illustration
      PEOPLE IN BUSINESS
      166 5 GUIDO Jnm is taking over from Axel Gserlach as the general manager of ANA Hotels (S). In addition to his duties as director of operations of ANA Hotels International, Mr Jonas will now also be managing Century Parte Sheraton-Singapore. Previously, Mr Jonas was head of the regional
      166 words
    • Article
      SHIPS IN PORT
      311 5 EXPECTED ARRIVALS TODAY CONTAINER TERMINAL Gold Hilla 51S Ming Young 49 Maersk 53S Nordstar 50S President Roosevelt 53 Pegasus Pride 50N Sumbawa SLS Tarn bang VII 49N JURONG PORT Epar (0730) 68 Golden Kimisis (alongside) B6 Iweri (0730) B8 Joanna (alongside) B2 Kalimantan (alongside) B2 Pelita Jaya
      311 words
    • Article
      MEMO PAD
      460 5 BEMINABB AND COURBEB Feb 13-16: Michael Porter Seminar: Shaping Industry Based Competitive Strategy, Shangri-La Hotel (Gardenia Room), SGV-Goh Tan Feb 16: First South East Asia Congress of Esthetics Acupuncture, Hilton Hotel, Arvireich Beauty Products Feb 16-17: Sales Training Course, Hilton Hotel, Consulasia Feb 16-20: KTA Apex Executive Problem
      460 words
  • Page 5 Advertisements
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      Page 5 Advertisements Column 1
      46 5 "C=>, ASIATEX '81 /hternational Exhibition of Machinery and Materials for the Textile and Fabrics Trade 26-30 APRIL 1981 World Trade Centre, Singapore TEXTILES: A TRULY GLOBAL INDUSTRY For further details, contact. INTERFAMA PTE. LTD. No 834. World Trade Centre 1 Maritime Square. Singapore 0409 Tel *****12
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    • Advertisement
      Page 5 Advertisements Column 2
      314 5 NOTICE r PRIMA LIMITED (FLOUR MILLS) (Incorporated in the Republic of Singapore) COMPANY ANNOUNCEMENT The Directors are pleased to announce that they have decided to recommend a Final Dividend of 4% tax exempt and 10% less 40% Singapore Income Tax in respect of the financial year ended 31st December, 1980
      314 words
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  • Article
    CPF should try profit-sharing
    416 6 THE CENTRAL Provident Fund, by the very nature of its being the national pension fund, has to be cautious in its investment policies. It cannot afford the unlikely event of a national pension fund not being able to meet its repayment schedules. Its list of authorised,
    416 words
  • Article
    Let movie men do the financing
    344 6 IT WOULD be a lot of fun, except that there would be few of us left to laugh about it. At a time when the great space revival continues to stir the imagination of film fans and television addicts and pour money into the
    344 words
  • Article, Illustration
    Wafer diffusion plants to make their debut
    1203 6  -  Texas Instruments recently announced plans to build a wafer diffusion plant here-by 1983. What is this high technology investment that has been high on the Economic Development Board's list of priority industries for so long and why have companies decided to come only
    1,203 words
  • Page 6 Miscellaneous
    • Miscellaneous
      Page 6 Miscellaneous Column 1
      668 6 LI TVO-11-OIE CROSSWORD U CRYPTIC PUZZLE ACROSS 1 One raising objections to a dairy product? (6) 7 A dog and a man sat with another (8) 8 Master Joe and some wise men (4) 10 Container an open tart has to go inside (6) 11 A fellow or two (6)
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    • Miscellaneous
      Page 6 Miscellaneous Column 2
      39 6 TMC BOOKS PRODUC£ HObJPOf^s... Ljeu. ILL Be— PftGG Orte UETS ScewOHRTS ON Descaees THC DISH ue Hf\D IN me. PiCKS canted Tne dry SgfoKc vesi«c*\Y j~~ p*4D rn T *e osw OM TcJO ISN'T T He DiSM toe MWD
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    • Miscellaneous
      Page 6 Miscellaneous Column 3
      787 6 IMPERIAL DECEIT INGBID BERGMAN mm aa mllltoi Mltri J laherttoiee, bat b uahto to ineflnte Okv tor her pxtnyil «f bit Bujiiw facet stiff It FW Ml what hcppw aa amieatae retime la to- ta m« drama ef Im- aext. alght'a Satarday Night pertal deceit. Aklm Tamlrrif flettoa faaa, Mcvle
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  • Article, Illustration
    Airlines prepare for boom
    1897 7  -  Business wise, 1980 was the worst year in aviation history. Yet some airlines are ordering new equipment worth billions of dollars, with others expected to follow suit. MICHAEL DONNE discusses why the airlines are replacing their aging unprofitable aircraft despite the recession. MICHAEL DONNE THE world's
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  • Article, Illustration
    Lock icon Mystery surrounds Soviet Airbus
    950 7  -  By RICHARD BALMFORTH Reuter A YEAR behind schedule, the Soviet Union's longawaited Airbus has gone into service but with about 100 of its seats mysteriously empty. The Ilyushin 86, the Soviet Union's first wide-bodied Jet and the pride of the state airline Aeroflot, made its first
    Reuter  -  950 words
  • Article
    Lock icon Concern over the future of Scotch whisky
    642 7  -  FOBUM, with HUGH CARNEGY Reuter CONCERN is growing among Scotch whisky manufacturers, whose sales fell by 10 per cent at home and 5 per cent overseas last year, that Japanese competition could eventually cause as much damage to them as it has to
    Reuter  -  642 words
  • Article
    Lock icon Rolls-Royce faces crucial battle
    990 7  -  By ANDREW HILL Reuter TEN YEARS after it was rescued by the British government from ftnanrUi collapse, the Rolls-Royce Aero Engine Company is locked in a trans-Atlantic battle that could determine its long-term future. At stake is a multi-billion-dollar market for engines in a new, fuel-efficient
    Reuter  -  990 words
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  • INTERNATIONAL STOCKS
    • EUROPEAN MARKETS
      • Article
        Amsterdam
        183 8 FEB 12 F1S flpw 2B350 -23 Ahold WOO -2 /Hm> 1810 -02 ftUFV 94-30 -1.1 fat ***** -0.5 Amrobnk 55.70 -0.5 Birtu— 28 20 -0.1 Berk 43.00 1.4 Bols 55 50 -1 Borsutnij 235 00 2 Burhmann 5920 -unch Byenkorf 37 00 -02 Caland 29 30 -02 Calve Del
        183 words
      • Article
        Paris
        287 8 FEB 12 Frs CORBEILLE Air-Liquid* 478 40 -66 B S N G«rvais Danone 1012 >12 CSF (ThomsonCs 1) 361 -4 CI* Francais* d*s Petroles 221 >1.5 Com pa«n i* Financier* Compagnie 390 General* >3 Credit Foncver D* France 396 50 -4.5 Hach*tt* (Llbralrie) 374.50 -0.5 Machines Bull 55 50
        287 words
      • Article
        Frankfurt
        226 8 FEB 12 Dm Aeg-Telefunken 64.00 unch Akio 1670 unch Allz Leben *****0 >13 Allz Vers Abb 00 -1 BASK 118 70 Bay H T Wbank 193 10 Bay Vbank 286 50 Bayer 109 JO •li BBC ***** -29 BMW 150 00 Cassella 300 00 unch Chem Verw 232 50
        226 words
      • Article
        Brussels
        95 8 FEB 12 Ft* FORWARD MARKET Acec 263 -s Arbed 1196 -74 Astur 404 -S Braietn (90 10 Bru Lam b 806 -4 Canpac 1204 tl Cock in •10 De Beers 308 -s 1765 45 Elecirobei 3000 130 Gb-Inno-Bm 1950 .10 Gfv 1334 M Hobo* 28T0 70 Pclro 4965 -5
        95 words
      • Article
        Zurich
        189 8 FEB 12 Francs Actions Suisse* ai -S Alusuisse Br 1060 -10 Alusuisse Re* 413 Brown Boveri Br. 1295 -25 Ciba Geigy Br 965 -15 Ciba Geigy P C 755 -10 Ciba Getty Ue« U -2 Credit Suisse Br 2585 -45 Credit Suisse Ref 450 -10 Elektrowatt Br 2500 -25
        189 words
      • Article
        Milan
        106 8 FEB 12 Lot Amc 9 50 05 Assoc Gen *****0 1190 Baslogi .T. 725 SO 41.5 Onirale ***** 1600 Fun 2101 -9 Finsider 85 -4 75 On Immob 2500 -82 m Pn 5505 125 lUlrrmrnti ***** -700 llalga.v 1850 -SO Italsider 291 -3 Magnrli M Pf 648 -X Marrlli
        106 words
    • Article
      TORONTO
      200 8 KKB 12 C* Abiuba 26 1 Alran 38 Algoma 42 •I': Bank Mont 32 Bunk Nova fxotia BrII Tel 19 Beth Corp BP Can Ltd 44'. unch B rase an 34'. unch Camp Red Lake «2 Can Imp Bk 29 Cafipac 44 Canpac In* PI Carting O'Keefe 7 Coin
      200 words
    • Article
      JOHANNESBURG
      308 8 KEB 12 Rand INDUSTRIALS A Alpha 350 unch Abrrcom 310 -20 AE And CI 780 10 AMIC 2200 unch S85 •15 Cg Sugar 1750 50 CNA 490B unch Cum* Finance 220 unch [> Beers Ind 2000 unch Edron M0 ♦i Ed (ars *500 Fed VoU Z' 445 unch Kvifll
      308 words
  • Page 8 Advertisements
    • Advertisement
      Page 8 Advertisements Column 1
      567 8 +{(&!?.+(>"\,>+%"[!;\\;\\/>>_*@ Where to wine,dine and entertain ———> The Great Family Do-ltAburself Barbecue Y 4fcs i m ®r' b<# 1 r^r 3 n n A Merlin Grfll Speciality From Mongolia comes a barbecue more succulent, more delicious than any barbecue you have ever tried before. Only at t*e Singapore Merlin Lunch
      567 words
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      Page 8 Advertisements Column 2
      127 8 J Oregon Nim Restaurant Siamese B—food W»r« famous for our Reetaurant Cantonese Cuisine The Siamese Seafood Restaurant is as good as Bangkok! C C Victoria Bar Tlie CoHee Houee Relax In an atmosphere of For informal meals and elegant days gone by. light-hearted snacks. a uJOcpnncTH Oxley Rise/Penang Road. Singapore
      127 words
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  • BANKING AND FINANCE
    • Article
      Lock icon TIGHT CONTROL
      142 9 Reuter THE SWISS Nattoaal Buk ku lafermed Issalng syadleates by letter ikNt meuuM designed te streamline fereiga bead laihg. Neae ti the measares Is aimed at car Mag Issalng velame, a Natleaal Baak spekesmaa said. They aim selely at a mare evea aad halaaeed distribution •i capital market
      Reuter  -  142 words
    • Article
      Japanese postal savings system comes under fire
      263 9 THE FEDERATION of Bankers Associations submitted a memorandum criticising the Japanese postal savings system to the Postal Savings Council, a recently appointed advisory body for Prime Minister Zenko Suzuki. A federation spokesman said the council should review deposit terms, tax benefits and incentives
      263 words
    • Article
      Impact loans
      144 9 JAPANESE banks supplied impact loans totalling an estimated US$BOO million to Japanese enterprises in January, sharply below the $1.5 billion supplied in December, banking sources said. The bank' margins, charged above Eurodollar rates, ranged from 0.5 per cent to 0.75 per cent. Impact loans, foreign currency term loans
      144 words
    • Article
      Lock icon Australian reserve assets
      121 9 Reuter AUSTRALIA'S, official reserve assets rose Asls6 million in January to $5.59 billion after falling $551 million to 15.43 Ullion in December. According to the Reserve Bank, reserves in January 1980 rose $1.77 billion to 16.39 billion. There was a rise of (390 million against a fall
      Reuter  -  121 words
    • Article
      Lock icon Impose the same rules
      214 9 NY BECAUSE the bleak situation of US thrift institutions makes further deregulation of banks unlikely, the vicechairman of the Federal Reserve Board says he favours bringing money-market mutual funds under some of the same regulations imposed on banks. Frederick Schultz believes money-market funds should be required
      NY  -  214 words
    • Article
      CAPITAL OUTFLOWS
      253 9 THE West German current account payments deficit of 3.5 billion marks in the final quarter of 1960 was aggravated by simultaneous capital outflows totalling six billion marks. The Bundesbank attributed the outflows to interest rate differentials and increase by German public authorities borrowing abroad could not compensate for
      253 words
    • Article
      COMMERCIAL BANKS
      751 9 per annum) Savin rs RIVMI TUmaaI* Local Banks 1-mth 3-mth C-mth 9-mih 12-mth 1. Asia Commercial Bank 12.25 12.5 12.25 11.75 •11.25 11.25 2. Bank of Singapore 11.25 12.5 12 11.5 11 11 3. Chung Khiaw Bank 10.5 12 12 11.5 11 11 4. Development Bank of Singapore
      751 words
    • Article
      Denmark gets US$250m credit
      207 9 A UB$2M milHea ku to the Klngdem af Denmark was signed la Capeakagea •a Tkaraday by Sfi lnteraattoaal baaks tram 14 eeaatrles, reaffirming Denmark's paatttoa as a prime berrawer la the Eareearreacy market. Mr Bvead Jakebsea, Minister af Flaaaee, signed the laaa aa behalf af the
      207 words
    • Article
      Investors remain pessimistic
      1325 9 NEW YORK STOCK MARKET COMPUTER stocks and some energy issues led the New York stock market on Thursday lower in light trading as investors continued to worry about interest rates and the economy. Analysts said investors are worried that strong January retail sales reported on Wednesday mean
      1,325 words
    • Article
      Lower deposit rates
      540 9  -  By ALVIN TAY THE DAYS of high interest rates for depositors are numbered as banks and finance companies look poised to lower their deposit rates. A start has already been made in the medium-term fixed rates. On Jan 19, both Development Bank of Singapore (DBS) and DBS
      540 words
    • MONEY AND EXCHANGE$
      • Article
        Singapore market
        462 9 THE US DOLLAR Armed against most currencies on higher Eurodollar interest rates and market optimism about the Reagan Administration's economic package which is expected to revive the US economy. The US dollar opened at 2.0920/30, more than one cent above the previous day's opening of 2.0780/90. Strong commercial
        462 words
      • Article
        TOKYO
        136 9 THE dollar for overnight delivery yesterday closed at 206.50 yen, unchanged from the opening and compared with a 205.30/40 close on the West Coast and 204.15 here on Wednesday, dealers said. Trading was active, with volume US$l.2O billion. The market fluctuated between 204.80 and 205.50 yen through the day
        136 words
      • Article
        PLR
        22 9 THE average rate at which major Singapore banks are currently prepared to lend to their beat cuatomera is 14.5 per cent.
        22 words
      • Article
        ASIAN $
        184 9 ASIAN ASIAN currency deposit Interbank rates as at close on Feb 13. US Doil*»<Spoil OfT.r Bid 7 days 17* 17* 1 month 18* 18 2 months 18". 18* 3 months 18 S/16 18 3/18 8 months 18* 18* 0 months 17* 17* 12 months 18 3/18 181/18 IvM Das. IHLUL
        184 words
      • Article
        Discount
        12 9 V ti dB- 1 V J MR Source: National Discount Co
        12 words
      • Article
        Treasury bill tender
        50 9 RESULTS of tender held yesterday for 91-day Treasury bills to be issued from Feb 17 to 20: Offered: $90,000,000 Applied far: $287,000,000. Allotted: $90,000,000. Accepted Mds: $98.29 approximately 56 per cent and higher bids in full. Average rate «I dlsesaat sa illitawt: 6.830 per cent per annum.
        50 words
      • Article
        GOLD
        196 9 SINGAPORE gold futures yesterday closed generally easier compared with overnight levels after fluctuating marginally throughout the day in thin trading. Total sales for the day was recorded at 90 lots while volume for kerbs was at 68 lots, they said. April closed weaker at U*****.50/503.00 an ounce against 508.50/509.40
        196 words
      • Article
        Silver quotes
        28 9 New Tort Zurich 12J0B U10B ***** 11«S 12J0B 1UB UJB U«6 Ctahiprit a troy ouoo 1240B 13.158 12.106 13.55S *»ta US doUart Source: Credit Suisse, S'pore.
        28 words
      • Article
        London
        134 9 THE dollar continued its firm trend against the mark in early trading, opening at 2.2000/2010 marks but then falling to 2.1980/90. This compares with its Chicago close on Thursday of 2.1870/90 and a 2.1930/30 late trading level in Hongkong. Sterling opened at U552.2950/60 after closing in Chicago on Thursday
        134 words
      • Article
        HONGKONG
        137 9 THE US dollar firmed against the mark in quiet late trading, dealers said. It rose to 2.1920/30 marks on early European buying from an early 2.1885/96 and Chicago's 2.1870/90 close on Thursday. The dollar also firmed to 206.55/66 yen from an early 206.06/15 and 206.30/« in the US while
        137 words
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  • Article
    BUSINESS DONE ON THE SES AND THE KLSE
    2217 10 BID and offer prices officially lilted and business in and reported to the Stock Exchange of Singapore yesterday with the number of shares traded shown in brackets in lots of 1,000 units, unless otherwise specified. SECTION ONE INDUSTRIAL A COMMERCIAL Acnt (3.368)
    2,217 words
  • Article
    Unit trusts
    188 10 SINGAPORE I "NIT TttlST (M B-NO NT AG I '"—r prtm The Commerce far Fefc l«) 3.77 396 (Ma—gen' prices far Union Spore Fund Fefc 14 14) 1.51 1.57 The Savings Fund 214 2.25 INCOME BOND I'NIT S pore Prog Fund 1 59 1.67 (Cvrat prl <—) S
    188 words
  • Article
    SHARE INFORMATION SERVICE
    2753 10 Gr'« Gr'» Net 1980/1981 La«t Div Div Y'ld P/E Vol Day Hick Low Company Sale or- i C'vr COOO) High Low SECTION ONE INDUSTRIAL COMMERCIAL 372 245 Acma 334 15.0 2.8 4.4 13.2 300 220 Alcom 300 12.0 2.5 4.0 17.0 184 116 Allied Choc 173 -7
    2,753 words
  • Article
    In Kuala Lumpur
    2411 10 BED 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. INDCBTBIALB UeM (3.105) (I) 3 04 A CkM (2.005) (3) 1.85 AMD
    2,411 words
  • Article, Illustration
    Mild rally holds off decline
    660 10 A LATE buying spurt lifted share prices In what was otherwise a depressed session at the Singapore Stock Exchange yesterday. Buyers, whs stayed away for the greater part of the day, re-entered to stage a mild rally during the last hour s( trading. litis steadied,
    660 words
  • Article
    Sharp afternoon rally in KL
    601 10 A SHARP rally in the afternoon alleviated what was an initially weaker trend on the Kuala Lumpur Stock Exchange yesterday. The market on the whole closed on a mixed-to-easier note. Sentiment was running firm in the later part of the day when buying support reemerged
    601 words
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  • COMPANY NEWS
    • Article
      Shareholders of SBS urged to decide on offer
      242 11 THE Singapore International Merchant Bankers has rein inded shareholders of Singapura Building Society to make an early decision regarding the takeover offer by Straits Trading. SIMBL pointed out that the offer closes at 3.30pm next Wednesday, unless extended, and shareholders should "allow
      242 words
    • Article
      Boustead goes into futures
      126 11 BOUSTEAD Commodities Pte has commenced business in commodity and gold futures trading since last month. The company, which was incorporated as a private limited company on Jan 5, is 80 per cent owned by Bousteadco Singapore. Its authorised capital is $2.5 million divided into 2.5 million
      126 words
    • Article
      LATEST RESULT
      41 11 GLENEALY Plantations made a pre-tax profit of M 5165,967 for the six-month period ended Dec 31, 1960 against $209,899 for the previous corresponding period. The company has also realised an extraordinary surplus on sale of investments amounting to $534,096.
      41 words
    • Article
      COMPANY MEETINGS
      97 11 •GENERAL Ceramics Berks* EOGM to be held at 7th Floor, A.I.A. Building, Jalan Am pang, Kuala Lumpur on Feb 25 at 11 am. PETALING Til Berhad: AGM to be held at 1st Floor, Straits Trading Building, 48, Leboh Pasar Besar, Kuala Lumpur on Feb 27. SOUTH East Ada
      97 words
    • Article
      Shangri-La to build second extension
      1092 11  -  By CATHERINE ONG THE proposed second extension at Shangri-La Hotel will meet the demands of its largest and most valued group of guests corporate clients. Shangri-La's general manager, Mr Michael Kalyk said the proposed 17-storey tower block to be built under Phase Three of its
      1,092 words
    • Article
      Pahang Con goes into properties
      268 11 FOLLOWING in the track of several other companies, Pahang Consolidated has also ventured into properties in its effort to secure a more sound earnings base. The mining company informed the stock exchange yesterday that it has purchased the entire shareholding of 1 million shares in
      268 words
    • Article
      Bank Bumiputra's chairman to quit
      312 11 BANK Bumiputra's executive chairman Kamarul Ariffin bin Mohammed Yassin is said to be stepping down after holding the office for nearly five years. Banking sources in Malaysia say Mr Kamarul is expected to return to his legal firm Ariffin and Ooi. He has indicated that
      312 words
    • Article
      Rush expected for British Aerospace
      305 11 IN ITS first major move to reduce state ownership, the British Conservative government expects a rush by the public this week to buy shares in one of its biggest and most profitable assets, British Aerospace. Advertisements in newspapers invite subscriptions for shares worth an estimated
      305 words
    • Article
      Lock icon Worsening conditions warning by Mcleod Russel
      288 11 FT IN THEIR interim statement for 1961, the directors of McLeod Russel and Co say the difficult trading conditions imposed by the present recession, with which the group's three operating subsidiaries and two associates in the UK had to content during the last financial
      FT  -  288 words
    • Article
      Lock icon Jacking up a tower
      581 11 mm* by HOCK LOCK SIEW OBSCURE and seldom-traded Jack-Chia Enterprises (Malaysia) was recently upgraded from the second trading section of the stock exchange to the first section, much to the surprise of many who remain puzzled as to why the Stock Exchange of Singapore has not
      by HOCK LOCK SIEW  -  581 words
    • Article
      COMPANY MEETINGS
      152 11 THE New Straits nines Press (Malayda) Berhad: AGM to be held in the Theatrette of the Company, Balai Berita, 31 Jalan Riong, Kuala Lumpur on Feb 14 at 11 am. MAGNUM Carperaflaa Berhad: EOGM to be held at Magnum House, 111 (1st Floor), Jalan Pudu, Kuala Lumpur on
      152 words
  • Page 11 Advertisements
    • Advertisement
      Page 11 Advertisements Column 1
      170 11 4 s Suh*Tthe h> fhiMi«•»> hnir\ turn arul ti l 41 niw trnr Subscribe to Business Times directly and save $25 (It's like getting 41 issues free) Here's a great opportunity for you to join the increasing I I l Circulation Department I Times Business Publications I muted l imes
      170 words
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  • Article
    Lock icon Senior officials of rubber pact arrive in KL
    275 12 Reuter SENIOR executives appointed to administer the new international rubber pact have arrived in Kuala Lumpur to set up headquarters. The operating body, the International Rubber Council (INRC), agreed last November that the centre for the 56-nation agreement would be in the
    Reuter  -  275 words
  • Article
    Lock icon Japan reluctant to give loans to China
    209 12 Reuter JAPANESE Finance Minister Michio Watanabe yesterday expressed reluctance to meet a request by China for low-interest loans to finance contracts it has signed with Japanese companies. Mr Watanabe told reporters in Tokyo after a cabinet meeting that he had rejected a request
    Reuter  -  209 words
  • Article, Illustration
    RESERVOIRS FOR CHANGI AIRPORT
    399 12 THE Public Works Department has provided an effective drainage and water collection system at the new Changi International Airport. The water collection system will serve to collect and conserve rain water in the airport where a large amount of water will be required for the air-condi-tioning
    399 words
  • Article
    Keppel forms joint venture with Mitsui
    255 12 KEPPEL Shipyard is establishing a Jolat-ventare eagtaeerlig company la Stegapore with Mltsal Engineering aad Shlpboildtag af Japaa. lie formation af KeppelMl teal Engtaeeriag (Pie) Ltd marks aa important step la Keppel's plaa ta diversify lata industrial engineering work. The Jalat-veatare agreemeat, which waa signed
    255 words
  • Article
    SGS-Ates expanding operations in S'pore
    694 12  -  WAFER DIFFUSION PLANT By FONG MEW LENG SGS-ATES, the Italian electronics giant, has announced a multi-million dollar expansion plan for its Singapore operations which will include a wafer diffusion plant here The plant, expected to come on stream in two to three years, will help
    694 words
  • Article
    Lock icon Harrisons details bid for London Sumatra
    355 12 Reuter HARRISONS and Crosfield has announced that it will offer 463 of its ordinary shares for every 1,000 London Sumatra Plantations ordinary shares. The company said merchant bank Baring Brothers has agreed to provide a cash alternative to London Sumatra shareholders on the basis
    Reuter  -  355 words
  • Article
    LONDON STOCKS
    848 12 LONDON, Frl. Equities closed the week on a firm note helped by further institutional demand ahead of next month's UK budget. At 3pm, the Financial Times was up 2.7 points at 492.7. Government bonds showed little change on balance after early falls of V* were recouped following the
    848 words
  • Article
    Lock icon Dow Jones lower
    112 12 AP NEW YORK, Fri. The stock market turned lower this morning as concern persisted over high US Interest rates. The Dow Jones average of 30 industrials fell 2.38 points to 934.22 in the first half hour, and losers held a 4-to-3 edge over gainers among New York
    AP  -  112 words
  • Article
    Lock icon Asteroids may start off a nuclear war
    450 12 Reuter AN UNDETECTED asteroid hitting the earth might be mistaken for a nuclear attack and trigger a nuclear war, according to US space programme advisers. The advisory council of the National Aeronautics and Space Administration (Nasa) said in a newly released report that
    Reuter  -  450 words
  • Article
    Lock icon Gaddafi meets US oil executives
    175 12 Reuter US OIL company executives have met Libyan ruler Colonel Muammar Gaddafi in Tripoli amid speculation that Libya is seeking to boost its oil exports to Western countries. However, it is unclear if the discussions, which lasted for more than an hour, involved oil and
    Reuter  -  175 words
  • Page 12 Advertisements
  • Page 12 Miscellaneous
    • Miscellaneous
      Page 12 Miscellaneous Column 1
      64 12 Outlook for Singapore from 6 a.m. to 1 p.m. today: Showers in a few areas around midday. Report for 24 hours prior to 7.39 p.m. on Feb IS at the airport. Maximum temperature 30.8 Associated humidity 66 Minimum temperature 23.4 Associated humidity 97 Hours of sunshine 4.25 Rainfall in millimetres
      64 words
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  • LEISURE TIMES
    • Article
      Make each day a special day for all
      222 13 NOT everyone feel on top of the world on Valentine's Day. In fact, most of us don't. So we still get letter bombs sent instead of Valentine Day's cards. And some countries still report a record number of rape cases on February
      222 words
    • Article, Illustration
      Lots of Love and...
      967 13 BIRDS are supposed to pair off and mate today. Someone found that out in the middle ages (wonder how he did it?) and decided to do the same. So he declared today, February 14, Valentine's Day and went around with the best excuse in the world
      967 words
    • Article, Illustration
      Their place on earth
      122 13 The Children of This World 4th World Exhibition of Photography THE CHILDREN of the world are captured in more than 500 snap shots, taken by £38 photographers from 94 countries. The Children of This World 4th World Exhibition of Photogtaphy will be presented at the National
      122 words
    • Article
      YOUR WEEKEND SPORTS
      424 14 TODAY GOLF: Warren: The Dunhill Golf Classic Tournament starts off the 1961 Local Circuit. This leg offers $15,000 of prize monies plus the attractive prize of $10,000 to any professional who scores an ace and $5,000 to the professional who breaks the course record of three-under par
      424 words
    • Article
      Lock icon Golden Series run from Marathon to Athens
      199 14 AFP THE INTERNATIONAL Aaaatear Athletic Federates (lAAF), for the flrat «■m ever, will stage aa IKS m pari at it» preattgtoaa geidea aerlee athletic eveate aader the exdarive ■piaaeraMp af Japaaeae timepiece maker. "It will be a top-levef eveat aet for jaggera bat
      AFP  -  199 words
    • Article
      SIA golf challenge
      378 14  -  By CHARMAINE CHAN OWING largely to the success of the first Singapore Airlines Pro-Am Golf Tournament held two years ago, our national carrier has organised a follow-up tournament for 1961. The 1981 SIA Pro-Am Golf Tournament was originally drawn up with six four-round legs, but a change
      378 words
    • Article, Illustration
      Big names don't matter
      732 14  -  By RONALD KOW WHEN the line-up (or Trengganu is announced (or tomorrow night's Malaysia Cup soccer match against Singapore at the National Stadium, you may well find a (ew names familiar enough to rank among some of the top Malaysian internationals or ex-internationals. There will not
      732 words
    • Article
      My Funny Valentine
      455 14 MY FUNNY Valentine probably qualifies as the most appropriate song for Valentine's Day. The music was composed by Richard Rodgers and its witty lyrics came from the pen of Lorenz Hart. Rodgers and Hart rank among the century's most talented songwriting teams their partnership in the 1920s
      455 words
    • Article
      Strictly for woman bowlers only
      435 14 THERE HAS never been an "all-women's" tenpin bowling competition held in Singapore but there will be from Monday, Feb 16, when the Singapore Womenowlers' Club's (SWBC) Queens' International Championship starts at the Jackie's Bowl in Orchard Road. Besides being sponsored by the 15-month old SWBC
      435 words
    • Article, Illustration
      Retaining the Mini charm
      876 14 ■OTOKIM with Hermes THE MINI was built for those who couldn't afford a car and throughout its 20 odd years in existence, the British Ley land Mini has been the last word in wheeled prestige. It was, and still is, a much loved member of hundreds
      876 words
  • Page 13 Advertisements
    • Advertisement
      Page 13 Advertisements Column 1
      126 13 BUSINESS TIMES GIVES YOU THE EDGE <> > lv\T VAU 10 OUR own national airline hat onca again coma forward to give golfers a cnanca to play with thair counterpart# from all over the world. CHARMAINE CHAN reports on ASIA'S 1981 Pro-Am QoH Tournament. WITH equality to all, it ie
      126 words
    • Advertisement
      Page 13 Advertisements Column 2
      10 13 (BUSINESS TIMESI When we say business we mean just that
      10 words
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  • Page 14 Miscellaneous
    • Miscellaneous
      Page 14 Miscellaneous Column 1
      782 14 WHAT WHERE DANCE/MUSIC AT THE CMnnse Gvta tomorrow: Martial—arts display by San Chendo Institute (11.30 am to 12.30pm); Chinese Orchestra (2.30pm, to 3.30pm); Liberation of the Cockerel, dance item by the Indian Fine Arts Society (3.45pm to 4.15pm); Music and Songs (spm .to 6pm). At the laps nose Garden: Lion
      782 words