The Business Times, 7 March 1981
1981-03-07
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The Business Times
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Title Section10 1981-03-07 1 BUSINESS TIMES M.C.(P) No. 107/1/81 SATURDAY, MARCH 7,1981 60 CENTS10 words
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BRIEFLY...
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Article88 1981-03-07 1 AP MANILA, Fri. Foreign Minister Carlos Romulo said he fears a major war in Kampuchea and that Asean may have to come to Thailand's aid if Thailand gets involved. Speaking at a dinner for foreign diplomats, he said: "The long expected clash in Kampuchea may break outAP - 88 words
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Article61 1981-03-07 1 TEHERAN, Fri. The Iranian Supreme Defence Council has unanimously rejected the ceasefire proposal announced yesterday by an Islamic mediation mission, a senior religious figure said here today. The statement, by Hodjatoleslam Ali Khamenei, Teheran's Friday prayer leader, followed a comment yesterday by President Abolhassan Bani-Sadr that Iran61 words
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Article101 1981-03-07 1 AFP KUALA LUMPUR, Fri. Brazil has allocated a sugar export quota of 100,000 tonnes a year to Malaysia. The imports, which will be at market price, would meet 20 per cent of Malaysia's normal annual imports of 500,000 tonnes of sugar, the bulk of which comes fromAFP - 101 words
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Article56 1981-03-07 1 AP MANILA, Fri. A band of terrorists, posing as passengers, attacked a motor launch carrying troops and local officials in the southern Philippines, and shot dead three of its passengers. The fatalities included two soldiers and a town councillor. Two other troopers and two civilians were wounded whileAP - 56 words
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Article63 1981-03-07 1 UPI ROME, Fri. A 24-hour strike by flight engineers at Italian airports forced the cancellation of several flights to and from other European capitals by the Italian airline, Alitalia. The strike did not affect foreign airlines. The strike, called by two independent labour unions, is the latest inUPI - 63 words
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Article77 1981-03-07 1 UPI TOKYO, Fri. Prime Minister Zenko Suzuki said he believes Japan and the United States will reach an orderly marketing agreement resolving their dispute on the export of Japanese cars before the issue spills over into politics. "Some sort of trouble is inescapable as economic and trade relationsUPI - 77 words
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Article82 1981-03-07 1 AFP FORTALEZA, BRAZIL, Fri. Thousands of starving peasants are wandering through northeast Brazil in search of food and work as a result of a prolonged drought which destroyed almost all the region's crops. Peasants have invaded six towns in the state of Ceara, where there has been noAFP - 82 words
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Chief Price Changes
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Article131 1981-03-07 1 Rises Goodwood Park 2130 80 Sel Properties 1720 •+70 Dualop lad 775 65 O U E 1200 60 Rothmans 830 60 Oriental Hldgs 860 50 Jacks Int 378 42 Island A Pen 960 40 PMC 1390 30 S P P L 294 26 Fed Cables 286 26 Falls Straits131 words
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Article, Illustration144 1981-03-07 1 Rises Rothman 860 50 Dunlop Ind 820 40 Matshushita 860 50 Car Is berg 790 +20 Gold Coins 354 18 F Cables 302 17 Ind Oxygen 422 16 Tlmuran 640 15 Falls M U Ind 2100 -90 S Trading 1590 -80 Rahman Hyd 1920 -60 Paramount 810 -45144 words
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Article512 1981-03-07 1 ONLY Dr Tony Tan could lake any exception to the third and last of Goh Chok Toag'g Budgets. Mr Goh not only handed oat the Income tax rebates for the current year hnt spelled out in detail with the aid of tables circulated in Parliament the512 words
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Article232 1981-03-07 1 THE exemption ceiling for estate duty on residential properties is raised from $2M,NI to $SM,9M from Jan 1. o Tax rebate of II per cent to every resident taxpayer on his total tax liability in 1181. o For the year of assessment 1182, the tax rates232 words
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Article1341 1981-03-07 1 FOO CHOY PENG - Tax down and down again By FOO CHOY PENG Chief Reporter ALL TAXPAYERS will receive a 10 per cent rebate on their tax assessment for last year's earnings, and for assessment year 1962 the Budget promises reductions ranging up to 25.9 per cent. These were the key ingredients of the1,341 words
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Article371 1981-03-07 1 AFTER almost a dozen years of open registry of ships, the Government is now introducing legislation to impose stricter requirements on ships registered in the Republic. Minister for Communications Ong Teng Cbeong said at the .second reading of the Merchant Shipping (Amendment) Bill 1981 in Parliament yesterday371 words
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253 1981-03-07 1 A WAVE sf relief spread ever the Stagapsre «leek exchaage late yesterday altera— la the wake sf a palaleia Badget, aad inverter* weat sa a baylag spree la the last hear sf tradiag. What had seemed aa aalaterestlag aad «flat" day sf253 words
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Article270 1981-03-07 1 CATHERINE ONG - By CATHERINE ONG INTRACO, an international trading company, will be raising $60 million from the stock market by way of a one-for-one rights issue at $4 per share. The issue its first call for cash from shareholders since it went public nine years ago will be270 words
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Article222 1981-03-07 1 JOHN White Footwear, a shoe manufacturing company which is 45 per cent owned by Intraco, has gone into receivership. The Chartered Bank, which holds $1 million of the company's debenture, has appointed Turquands Ernst and Whinney as receiver and manager of the company. The company was started jointly in222 words
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Page 1 Advertisements
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Advertisement26 1981-03-07 1 AGOODBOOK RECENTLY? FIND IT AT i Times Bookshops OtckadOonr Lntfr •SMOAUSTJ Ct»T«t •>LU<S4NCMUIU T r Tr. OtMrd Hqm *****72 Oo«r<) llaai T« 33TMM •CU**o*oC**Tllf AO«<NA «OuSI26 words
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Advertisement50 1981-03-07 1 USA m m Number On* Name in Precision GoM Equipment. Available at all leading pro sports shops Th* QoM SpacMrta tINOyUM una 2»730 2nd f«o Omq toad f« 33T12M ShQD 1 13 F«JO» ifr»eu»» W% T«l ******4 FtAZA jne G 4 Otx/xj *«oo» Coewn «>'e*i T# jjthpi l Un,Pacific 097450 words
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Advertisement82 1981-03-07 1 BCMDB LEISURE TIMES INCENTIVES far Malayslaa BOOST far Jewellery trade with rahfcer smallheMers t Fraaee g NEW HW WerM iemudi it UOL expects to reap $18 mllHf Law sf the Sea talks S (rem Katoag »ptoXr- 11 TELEVISION kiwrtUig rates HONGKONG stock market fareto ge sp S east to fall82 words
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Advertisement44 1981-03-07 1 FOR PEOPLE WHO MATTER >IROUND THE WORLD... vMUNSWGaNMR&tnastaM U&A. TKSVMOL OF QUALITY When you wear Munsingwear, You know you look good. Anyway you wear it. Everywhere you wear it. Today's best-seller in active sportswear Sole Agent EXCELSIOR (PTE) LTD. 66 High Street Singapore 061744 words
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REGIONAL
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Article730 1981-03-07 2 ARRIVALS Service Local Operator Number Time From PAA PA005 0030 JEK SFO HKG MAS MH60I 0630 KUL CAL CI331 0700 TPE FT FT71 0710 JFK ORD/KUL SIA SQI01 0615 KUL MAS MH606 0630 KUL MAS MH621 0635 PEN MAS MH671 0930 KUL CAL CB14 1000 HLP CPA730 words
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Article907 1981-03-07 2 SOME 401,00 rubber smallholder families comprising 2.4 million people with holdings of 4 hectares and below are expected to benefit from a new replanting incentive announced by Malaysian Land and Regional Development Minister Datuk Sen Shariff Ahmad. The incentive takes the form of interest free loans907 words
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Article237 1981-03-07 2 AFP MALAYSIAN Primary Industries Minister Datuk Paul Leong said in Kuala Lumpur yesterday that the prospects for Malaysian rubber were very bright on account of the recently concluded long-term contract with Brazil, and the United States' plans to increase its natural rubber stockpile from 120,000 tonnes toAFP - 237 words
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281 1981-03-07 2 AFP THE Indonesian oil company, Pertamina, and its American contractor, Conoco, were yesterday reported to be exploring the possibility of building a big floating liquefied natural gas (LNG) plant near the island group of Natuna in the South China Sea, part of whichAFP - 281 words
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Article127 1981-03-07 2 UPI JAPANESE Prime Minister Zenko Suzuki has urged the Reagan Administration not to irritate Beijing with a pro-Taiwan foreign policy, a US business magazine reported. "It is not wise to adopt a policy which could give China a sense of insecurity," Mr Suzuki saidUPI - 127 words
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369 1981-03-07 2 Reuter SYDNEY airport ground staff yesterday voted overwhelmingly to return to work after a crippling threeweek strike which has cost the Australian airline Qantas more than Asl7 million. About 1,500 representatives of 3,500 ground staff voted at a public meeting forReuter - 369 words
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185 1981-03-07 2 UPI AUSTRALIAN Foreign Minister Anthony Street has said after talks with Secretary of State Alexander Haig that he expects his 'government to allow American B-52s to use Australian airfields. "I think there'll be a resolution in the very near future," Mr Street said.UPI - 185 words
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THE REGION IN BRIEF
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Article525 1981-03-07 2 Agencies INDIA will launch a major economic offensive in Asean later this year. Part of the plan will be to bold a trade exhibition called "India 81" in Singapore from March 27 to April 5. Similar exhibitions will be held later in the other Asean countries. Nearly 70Agencies - 525 words
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Article477 1981-03-07 2 EXPECTED ARRIVALS TODAY KEPPEL WHARVES Builder (after Equator II) 22 Guahg Ping (shifts after Shoryu Maru sails A Kota Mau hauls) 13/14 Gori (Tanker 2nd call) (after Putra Jaya P/O subject gas free) 15/16 Kota Mau (0530 hauls 24m West) 10/11 Luna Marina (0700) 27/28 Mao Lin477 words
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308 1981-03-07 2 Reuter A FIST fight brake eat In the Japanese Diet (Parttameat) m Tharsday as the rtllag Liberal Democratic Party (LDP) tried to farce the goverameat's draft badget far IMI thraagh the Lower Haaae Badget Committee. All appaalttoa parties, which have hayeattod parliamentary baslaeasReuter - 308 words
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Page 2 Advertisements
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Advertisement46 1981-03-07 2 r I u» *s\ w 80®. '"V. The Happiness Purpoa I II ■I Jfe v■ r Edward de Bono 0 YMUWCfL N J^° oth B °no SSpO^Un^ 4 NT J*©**"®®® Distributed by FEDERAL PUBLICATIONS 1 New Industrial Road, Singapore 1953 A member of the Times Organisation46 words
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OVERSEAS
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764 1981-03-07 3 Reuter THE BRIEF detention of Poland's leading dissident and a threat of strikes in three cities yesterday appear to be seriously undermining a fragile truce between the government and the free trade union. Solidarity. Jacek Kuron, leader of the Self-defence Committee (KOR) andReuter - 764 words
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356 1981-03-07 3 Reuter BRITISH industry has urged the UK government to spend £6 billion on a programme of major national projects to halt growing unemployment and help the economy weather the recession. A paper from the Confederation of British Industry (CBI) on Thursday saidReuter - 356 words
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242 1981-03-07 3 AP IN WHAT could become the largest corporate merger in American history, Amax Inc announced on Thursday that Standard Oil Company of California (Socal) has offered cash and stock worth as much US$4.3 billion for 80 per cent of the giant miningAP - 242 words
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302 1981-03-07 3 Reuter THE EEC Commission has reversed its predictions and said NMMnk activity la the Cimimn Market will decline this year. In a statement prepared for this month's summit of EEC national leaders, the commission forecast a negative growth rate of 9.9 per restReuter - 302 words
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571 1981-03-07 3 Reuter PRESIDENT Abolhassan Bani-Sadr announced on Thursday Iran's conditions for ending the Persian Gulf war, which appeared to dash hopes for a swift solution to the conflict, now in its sixth month. In the first official Iranian response to terms proposed by a top-levelReuter - 571 words
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WORLD IN BRIEF
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Article407 1981-03-07 3 Agencies BRITAIN'S record surplus in the balance of payments last year was £2,737 million £221 million more than the provisional total published barely two weeks ago, according to final Treasury figures released on Thursday. The huge surplus compared with a deficit of £1.6 the previous year. TheAgencies - 407 words
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619 1981-03-07 3 LAW OF THE SEA CONFERENCE UPI AP THIRD WORLD countries could make new demands in the Law of the Sea Conference if the US insists on renegotiating the treaty in a bid to obtain guarantees of seabed mining rights. This warning came fromUPI; AP - 619 words
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Article313 1981-03-07 3 AFP A LIBERIAN government inquiry into the Amoco Cadiz oil tanker disaster on the north-west French coast in 1978 has severely criticised the vessel's Italian captain. It also criticised the French authorities but praised French rescue services. The giant Liberian-registered tanker ran aground in bad weather offAFP - 313 words
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Article565 1981-03-07 3 AP FEARING an increase in terrorist assaults on New York's vast diplomatic community, the US government and New York City police have proposed creation of a highly specialised police unit. Despite the budget cuts proposed by President Reagan, officials say they expect government funding for the anti-terroristAP - 565 words
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Page 3 Advertisements
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Advertisement497 1981-03-07 3 INTRACO LIMITED (Incorporated in the Republic of Singapore) The Directors of Intraco Limited (the Company) makethefollowing announcements:AUDITED RESULTS FOR THE YEAR ENDED 31 DECEMBER 1980 The Group The Company 1980 1979 1980 1979 SS'OOO SS'OOO SS'OOO SS'OOO Sales 174,515 124,490 172,251 123,088 DIVIDEND The Directors will propose, subject to the497 words
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Advertisement352 1981-03-07 3 The WINNING seminar attended by more than 150 top executives from the public and private sectors in Malaysia and Singapore, and over 75,000 corporate executives, manages, civil service officials and professionals all over the world. The Art of Negotiating® Conducted by: Mr. Richard A. Zeif. SEMINAR ONE Date April 13352 words
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RAW MATERIALS
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253 1981-03-07 4 A SLIGHT recovery of four cents was recorded this week, after the market touched a new low point for two years of 268 cents per kilo, Holiday, Cutler, Bath and Company said in its latest review of the Singapore and Malaysian rubber markets. Conditions were253 words
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Article182 1981-03-07 4 SOYBEAN futures in Chicago on Thursday closed at or near the bottom of a 17 cent range, down one cent a bushel in spot March to down 9 l /i cents in deferred March. Late local profit-taking on lack of general follow through demand pushed prices to new day's182 words
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Article175 1981-03-07 4 WHEAT futures in Chicago on Thursday closed 5"« cents a bushel higher in old crop, to down one cent in new crop. Prices settled near the middle to low side of a 7'/? cent range. Local short-covering on trade talk that increased stocks of wheat have recently moved out175 words
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Article246 1981-03-07 4 THE Singapore market yesterday closed slightly lower with March One RSS buyers quoted at 270.00 cents per kilo, down 2.25 cents from Thursday's close. Morning prices were marked down slightly on some speculative selling. The six cents discount from March to April was another softening factor. Afternoon prices were246 words
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Article335 1981-03-07 4 RAS prices In cents per kilo yesterday: Noon Close (per kilo) (per kilo) Buyers Sellers Buyers Sellers Int. 1 R.S.S. prompt f.o.b. 269.50 270.50N 268 00 269.00N Int. 1 R.S.S. March 271.50 272.50 270.00 271.00 Int. 1 R.S.S. April 277.50 278 00 276.50 277.00 Int. 2 R.S.S. 253.50335 words
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Article120 1981-03-07 4 NOON SSR and SMR prices yesterday: RAS SSR 20 SSR SO (lux (1-tOf > pallet) pallet) March (Curreat Mth) Buyers Sellers 243 00 245 00N 239 00 241 OON April (Forward Mth) Buyer* Sellers 246.00 247 OON 241 00 243 OON MRELB April May SMRCV SMRL SMR120 words
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Article85 1981-03-07 4 THE STRAITS tin price in Penang yesterday was unchanged at MSM I» a Idio and still within the International Tin Agreement's middle range price sf $91.11 to $32.14, dealer* said. The stondkms was attrlhnted to Iswer sfferlngs d tin and technical adjnstanent to Thursday's Call. Csetlnoed rednced h>lng85 words
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Article32 1981-03-07 4 Rubber: March 6 Singapore: March: 270.00 cents (down 2.25 cents) Malaysia: April: 299.00 cents (down 2.00 cents) Tin: M $30.30 per kilo (unchanged) Official offering: 155 tonnes (down 8.75 tonnes)32 words
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115 1981-03-07 4 Reuter STOCKS of rubber in Singapore at end December increased to 46,317 tonnes from 41,712 tonnes in November but (ell from 51,136 tonnes in decern ber 1979, statistics department figures show. The december stocks comprised 46,316 tonnes of dealer stocks compared with 41,710 tonnes inReuter - 115 words
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Article179 1981-03-07 4 CHINESE Prtiiee ExeliMge, Stagapwe, closing prices per lllkg yesterday. Ctetail «II: Bulk fob $117.00 sellers, old drum (in second hand drum) fob $130.00 sellers, new drum fob $136.00 sellers. Copra: Mixed (loose) $66.00 buyers. Pepper: Muntok white pepper fob Asta NLW $422.50 sellers. Sarawak white pepper faq fob179 words
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Article194 1981-03-07 4 YARN and cotton prices were quoted as follows in Hongkong yesterday: (In HK dollars, spot ex-go-down) CottM yarn: China Blue Phoenix 20s 2,210; 32s 2,770, 40s 2.985 (per bale of 400 lbs). Piece goods: China Butterfly and Globe brand unq; Dragon Head unq; Five Lambs unq; Flower and Butterfly194 words
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Article332 1981-03-07 4 SINGAPORE: Yesterdays closing prices in S$ per kilo, ex-godown: THAI WHITE: 100 per cent first class (Kangaroo) new crop 1.28, 100 per cent second class 1.02, 100 per cent third class 1.01, 25 per cent new crop no stock. B-10 per cent no stock. THAI BROKEN: A-super 0.80, Special332 words
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Article732 1981-03-07 4 COFFEE: Robusta futures yesterday closed a quiet morning with losses from Thursday of £1 to £2 a tonne on sales of 188 lots including 10 options. There was little trading interest and the market held narrowly around Thursday night's levels in light but well matched trading, dealers said.732 words
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Article134 1981-03-07 4 IN THE Kuala Lumpur market yesterday, values finished firmer with light covering for nearbys in anticipation of higher level today in quiet trading, dealers said. In March, the southern region gained Mslo to $990 a tonne and north, $14.50 to $992.50 in April, while the central region rose134 words
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ASIAN STOCKS
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Article524 1981-03-07 4 TOKYO SHARE prices yesterday closed mixed in light trading as large capitals and high-priced electricals fell on profit-taking while cars and some blue chips rose on selective buying, dealers said. The market average fell 12.84 to 7,081.19 with volume 270 million shares, but the Tokyo Stock524 words
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Article309 1981-03-07 4 SHARE prices yesterday firmed in moderate trading on cautious and selective buying, dealers said. The All-Ordiharies index rose 0.9 to 647.1 and the all industrials 0.2 point to 690.2, while the all metals and minerals fell 0.8 point to 558.2. Most major gold miners were steady. Among uraniums, Pancontinental309 words
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Article234 1981-03-07 4 STOCK prices yesterday closed mixed with losses and gains about equal, dealers said. MAN Ob Bah UN A Ma Credit 113 -2 Am.i Mhrr Ayuthaya Inv And Tru-sl Bangkok 1 InvfKtmrfil 129 -4 Bangkok Bauk 266 unrh Bangkok Drying And Silo Bangkok In»uranrr 56i 22 bangkok Metropolitan Ban Bangkok234 words
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Article121 1981-03-07 4 THE stock market yesterday was mixed as turnover rose to 3.1 million pesos from 2.1 million, dealers said. MAN lib Pesos Arojr Mining 0062 -0 0002 Alias Con A Atlas Con B 27 50 0 25 Buguio Gold 0048 unch Benguet Con B 60 -1 BF Goodrich 1120 unrh121 words
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Article55 1981-03-07 4 FINANCIAL TIMES INDUSTRIALS Thursday 496.2 Wednesday 500 0 Week Ago W.8 DOW JONES AVERAGE INDUSTRIALS Thursday 964.62 Wednesday ***** Week Ago 966.81 H.K.HANG SENG Friday 1386.83 Thursday 1392.43 Week Ago 1487 88 AUSTRALIAN INDUSTRIALS Friday «90 2 Thursday 690 0 Week Ago 688.5 ALL ORDINARIES Friday 647 155 words
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Article334 1981-03-07 4 Source AFTER Thursday's sharp drop, the market opened 30 to 40 points down. An early rally was quickly swamped and the market turned back down yesterday. After reaching a low of about 50 points off, the market rallied sharply upward in the last hour as a few big buyersSource - 334 words
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Page 4 Advertisements
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Advertisement280 1981-03-07 4 The Lifej Library Of Photography helps you to see great picture possibilitiesall around you... So many outstanding photographs are of subjects you see or pass by every day. A pensive young girl looking through a window. A city park at sunrise. Or this shy 3 year old, captured by the280 words
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TRADE AND INDUSTRY
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Article, Illustration169 1981-03-07 5 AUSTRALIAN engineers have designed a simple and cheap cover to reduce noise generated by circular saws a major problem in the timber industry. The cover enables operators to work longer hours safe not only from noise but also from injury from blades. David Bies of169 words
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Article563 1981-03-07 5 SEMINARS AND COURSES Mar 9-13: The Allen Management Seminar, SIM Conference Room (3rd floor, Thong Teck Building), Singapore Institute of Management/Louis A. Allen Associates, 1 Inc Mar 10-Apr 9: Effective Letter Report Writing, SIM Conference Room, Singapore Institute of Management Mar 10-Apr 10: Basic Supervision For Junior Supervisors,563 words
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Article, Illustration68 1981-03-07 5 PARKER Pen Company has appointed D*uy Lam managing director of its Singapore office. Before his present appointment, Mr Lum was general manager of the company. Mr Lum holds a bacher- lor of arts degree from the University of Singapore. Mike CuiM-Htpe, route manager, South-east Asia of Pandair68 words
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279 1981-03-07 5 RICHARD SEAH - RICHARD SEAH A LOCAL rosewood furniture manufacturer will represent Singapore at the first wood-based panels and furniture industries seminar to be held in Beijing later this month. Paul Keng, general manager of Singapore Handicrafts, is one of 20 delegates from Asia, Africa,279 words
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318 1981-03-07 5 FONG MEW LENG - By FONG MEW LENG FAIRCHILD Sales opens a H-5 million customer training centre today to train buyers of Fairchild semiconductor test systems. The centre, however, has been fully booked until the end of this year. Fairchild Sales is the local subsidiary of Fairchild Test Systems,318 words
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Article53 1981-03-07 5 New C C showroom CYCLE and Carriage yesterday opened a showroom at Ang Mo Kio for its Mitsubishi vehicles. C and C group managing director, Mr Chua Boon Unn, said that it was a further step in the effort to take sales and services to the new residential and industrial53 words
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Article196 1981-03-07 5 FXJND raising for the 10 new industrial unions which will be formed by the end of this year is well underway. The National Trades Union Congress task force, a body formed to coordinate the formation of the new unions, said yesterday that it will be organising an196 words
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Article529 1981-03-07 5 WONG AI KWEI - By WONG AI KWEI SINGAPORE Broadcasting Corporation will increase its advertisement rates by 7 per cent next month. Raymon Huang, SBC director of commercial operations, indicated that the increase is necessary because of rising costs. He said: "We are acquiring better and bigger programmes529 words
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384 1981-03-07 5 THE current visit of a group of about 50 French jewellers may herald the beginning of direct jewellery trade between Singapore and France. The jewellers from the Retail Jewellers Association in Paris are visiting Singapore as part of an annual visit of the RJA. They384 words
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110 1981-03-07 5 SINGAPOREANS will not need international certificates of vaccination against smallpox for international travel, except to Kampuchea and Chad. The new legislation, which came into force yesterday, reverses the 1976 Infectious Diseases Act which made smallpox vaccination compulsory. The following year the Infectious Diseases (Smallpox Vaccination)110 words
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Page 5 Advertisements
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Advertisement226 1981-03-07 5 ThistieaC When you talk about authentic french food at La Chaumiere, it's always a feu de joie a feast. Sumptuous, exquisite. We've been notoriously known to 'spoil' our regulars with the speciality on our a la carte. Here to deliciously tantalise your taste buds is Monsieur Jean-Marc Lemoine the globe-226 words
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Advertisement340 1981-03-07 5 s I s S f u 4 M If e V" il TUt v- >> \\S* gg£ jiiwovrro'i' flit V J SI THE DREAM MAKERS Set in the ruthless, unconventional world of the film business, their story spans continents in a whirlwind of action, violence and desire. For the talented340 words
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Article709 1981-03-07 6 TRADITIONALISTS will find it hard to accept the juxtaposition in the Budget speech of hard times ahead and substantial tax reductions over this year and next. Many have already expressed their concern at President Reagan's stated intention of reducing the budget deficit in the US709 words
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Article467 1981-03-07 6 Government staff cutback but still 8,353 vacanci still 8,353 vacancies THE BUDGET for fiscal 1181 takes its lead tram the Government's 11-Year Economic Development Plan, Mr Goh Chok Tong told Parliament yesterday. Emphasis is thus given to manpower training, infrastructure!, industrial and commercial development, and the upgrading467 words
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Article1217 1981-03-07 6 HIGHLIGHTS of the expected ebb and flow of revenue for fiscal 1981: Direct and indirect taxes will, as always, make up the lion's share of government income. Singaporeans are expected to pay $4.9 billion, or over three quarters of total revenue, in taxes of1,217 words
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Article889 1981-03-07 6 THE GOVERNMENT now reckons that it spent $1,336 billion more than it originally oudgetted for in 1980. This is 32.5 p«rr cent higher than the original estimate made in last year's Budget statement. Seven heads of expenditure overspent by $1.42 billion, but the final figure is889 words
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Article1339 1981-03-07 6 HIGHLIGHTS and sidelights of the Government's expenditure plans for fiscal 1961 are: Industrial and commercial development once again gets high priority with a near doubling of its allocation to $2.1 billion, or 22 per cent of budgetted expenditure for this year. Over $1.6 billion1,339 words
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Page 6 Miscellaneous
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Miscellaneous658 1981-03-07 6 TWO-IK-ONE CROSSWORD U CRYPTIC PUZZLE ACROSS 4 Tenth of the capacity of a hat? (6) 7 The courteous remark of a would-be follower (5, 3) 8 Smear with oil, not in a different way (6) 10 Run after Charles East (5) 13 Cut pins to pieces! (4) 14 TV deer?658 words
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Miscellaneous60 1981-03-07 6 BriStOW: FtankDickenS 'mnfcavUGs vr\z. rMLfcS-.. 7SICUX BSJT SURe, to rue BiONixMi QftOMRS SFH.T OF Tv <- fcptfnvi TVC e«»"nsH U>CftKmßS UHOBTT?USIVtLV pvu*®»y UP THGJte JUST psDm«»t*=, Tne u*Vf v Neu eyKfjsiQM islPwG SHfMfcl they though? let us eavesdrop on a pf? w ate. Beach soneuaneße nn the sooth or v60 words
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639 1981-03-07 7 SINGAPOREANS should be prepared for more difficult times in the next three years despite the encouraging growth of 10.2 per cent achieved by the economy last year. While real growth this year is expected to be lower than in 1980 the "crunch"639 words
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Article819 1981-03-07 7 OUTLINING the Government's 10 year economic development plan, Mr Goh Chok Tong named manufacturing, trade, tourism, transport and communications and brain services as the pillars of growth in the 80s. But, he said, "whilst industry will continue to be the catalyst for Singapore's economic growth, our future819 words
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Page 7 Advertisements
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Advertisement221 1981-03-07 7 FAMOUS CLASSICS Every volume contains up to eight of each author's famous books, complete and unabridged. Thus it is possible to own in one book an authoritative collection of the best and most representative writings of leading modern novelists. These books are easy to read, a lasting pleasure to handle,221 words
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Page 7 Miscellaneous
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Miscellaneous764 1981-03-07 7 t.v&radio The man with the power TV 1 ifteratM matinee "The Man With The Power" brings you an nnnsnal stary abaot a yaang man's legacy tram his father, a aative af aaather planet, which eaables him ta perform amazing feats with his eyee. This makes him the laglcaJ choice ta764 words
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INTERNATIONAL STOCKS
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EUROPEAN MARKETS
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Article187 1981-03-07 8 MAR 05 Fls ABN Ahold Akzcx, AMFV 73 20 17 40 9200 0.2 -0.2 0 4 Amrobnk Bergoss Berk Bo I s Borsuiriij Burhmann Byenkorf (lUand Calve Delft 54.90 25 50 4550 54 40 ZZ 5580 3810 29 00 -0.2 0.3 -0.5 0 4 -0.4 -13 -02 25 Ueli187 words
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Article274 1981-03-07 8 MAR 05 Frs CORBEILLE Air-Liqulde 496 .4 B S N Gervais Danone 1030 -2 CSI (ThomsonCsf) 375 11.9 Cie Francaise des Petroles 228 6 Compagnie Financier? Compagnie Oenerale 390 •1 Credit Foncier De France 395 20 -6 Hachetle (Librairte) 364 Machines Bull 57 90 0.1 Michelin (B) 678 ♦16274 words
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Article220 1981-03-07 8 MAR 05 Dm Aeg-Telefunken 60 70 •u Akzo 16.00 Allz Leben loaooo -20 Allz Vers 452 00 -2 BASF 123 JO -08 Bay H T Wtwnk 189 00 -1.5 Bay V bail It 282 00 -15 Bayer 110 JO -0.1 BBC 240 OOB BMW 152 OOB Cassella 298 00220 words
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Article79 1981-03-07 8 MAR 05 FT* FORWARD MARKET 281 1 Arbed 1100 unch J&0 -9 -8 950 20 1254 4-8 Cock 172 l> Beers 291 unch Ebes -10 Electrobcl 3070 -30 Gb-Inno-Bm 1990 30 Gev 1350 50 Hobok 2360 -50 Petro 4820 -80 3125 40 2 Soc Gen Belg 1278 -10 270079 words
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Article189 1981-03-07 8 MAR 06 Krancs 4-/. Actions Suisse* 290 a Alusuisse Br. 1106 -M Alusuisse Ret 440 unch Brown Boverl Br. 1380 10 Ciba Geigy Br. 1100 -10 Clba Gelty P C (IS -s Ciba Geig> Rn 560 •2 Credit Suisse Br 2660 -10 Credit Suuae Ret 446 unch Elektrowatt Br.189 words
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Article97 1981-03-07 8 MAR 06 Lire Ante 1250 .1 Assoc Gen *****0 -4300 Raxtiwl 720 *1 -680 Central* ***** 2260 Fiat Finskler 03 -175 Gen Immob mn *50 IH Pri «7V) •170 Italcemenli ***** -140 1 taigas 1100 J lUUtder 303 -16 Magnrti M PI MS •11 Marelli Ere 270 Mediob *****97 words
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Article187 1981-03-07 8 MAR 05 CS AblUM SI A Iran «1 Alfoma 43 unch Bank Mont SO* Bank Nova Sroua sr. Bell T*l Belt) Corp M» BP Can Ltd 42 'i Brascan 31 'i unch Camp Red Lake 57 Can Imp Bk 30 Canpar 42 unch Can par In» Pf 20 Car187 words
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Article307 1981-03-07 8 MAR OS Rand INDUSTRIALS A Alpha 380 unch Abercom 330 5 AE And CI "So unch AMIC 2400 unch Barlows 975 unch Cg Sugar 1675 -25 CNA 400 Curnr Finance 210 -10 I> Beers Ind Ed con I 565 unch Edgars Eveready Fed Volk 455 unch EugU 235 unch307 words
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Page 8 Advertisements
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Advertisement191 1981-03-07 8 Where to wine,dine and entertain t mt I lie American Express Card. Don't leave home without it. Snacks for your island treks i V »•••> Take your pick: Curry Puff Chicken Pie Gateau Cake Hot Dog Hamburger Sandwiches Roast Beef Bun Pack Lunch Open: Monday Friday 10.00 a.m. 6.00 p.m.191 words
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Advertisement66 1981-03-07 8 For sushi. For teppanyaki. For other authentically Japanese delights. Open daily 12 noon 3 p.m 6.30 p.m. 10 30p m For reservations call *****77 i 11"\ I'ni'k Slx-i'iiioii •life^ FISH HEAD 1 CURRY AT THE ISLANDER F r om an oia Irdan' recipe, simmered with authentic spices and a touch66 words
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Advertisement114 1981-03-07 8 See Page 4 for Asian stocks and Page 9 for NYSE prices The Great Family Do-lt-Mxirself Barbecue. bW A Merlin Grill Speciality From Mongolia comes a barbecue more succulent, more delicious than any barbecue you have ever tried before. Only at the Singapore Merlin. Lunch from 12 noon 2.30 pm114 words
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Advertisement157 1981-03-07 8 OOQQO 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 to double your dining pleasure, with that famous Hilton service. For reservations, please call 737-2233. MM HMON INTERNATIONAL157 words
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Advertisement128 1981-03-07 8 f E Dragon Palace Restaurant Slameee SMfood We're famous for our Restaurant Cantonese Cuisine The Siamese Seafood Restaurant is as good as Bangkok' <> A y r Victoria Bar The Cotfee-Houae Relax In an atmosphere of For Informal meals and elegant days gone by. light-hearted snacks a ucKpn rare Oxley128 words
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BANKING AND FINANCE
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861 1981-03-07 9 Reuter RECENT chaos reigning on the West German money markets was primarily a result of teething troubles concerning the Bundesbank's new policy stance, and relative stability can be expected in the near future, commercial bank economists said. One analyst said banksReuter - 861 words
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344 1981-03-07 9 Reuter US SENATE Banking Committee chairman Jake Gam opposes lifting restrictions on interstate banking which he said would allow banking to be concentrated in the hands of a few powerful financial institutions. The Utah Republican said he will hold hearings later this year onReuter - 344 words
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Article320 1981-03-07 9 A NUMBER of foreign banks will extend USW7S million in loans in six packages to Taiwan Power Company (Taipower) separately between mid-March and April to finance longterm power development, a company official said. Bilk of America Asia will provide 5100 million over 10 years at an annual320 words
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Article506 1981-03-07 9 NTT THE US bond market has been a painful place for investors in the last two years as soaring interest rates chopped a fourth or more off the value of fixedrate bonds. As the singledigit bond yields of the 1970s were overtaken by doubledigit inflation,NTT - 506 words
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Article1292 1981-03-07 9 THE NEW YORK stock market on Thurday retreated in moderate trading as investors continued to take profits in the oils. Analysts also cited some caution late in the day ahead of several economic indicators due on Friday. Analysts noted that figures on wholesale prices, consumer credit1,292 words
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215 1981-03-07 9 Reuter CURRENT US day to day interest rates are a haadicap for Earopeaa countries, aad it is net reassaable for them to be maintained for a long time, Preach Economy Minister Rene Moaory said. Mr Moaory, who is also chairman uf the IMF'sReuter - 215 words
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Article56 1981-03-07 9 Reuter THE lateraattoaal Monetary Fud (IMF) is boldlag talks with the ceatral banks *f If Industrial countries on laveatmeat la fiad aaaeta to boost faad liquidity, IMF maaaglag director Jacques de Laiwhw said. He waa la Ottawa yesterday oa a oae-day visit to see PrimeReuter - 56 words
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Article404 1981-03-07 9 ALVIN TAY - By i ALVIN TAY TOKYU LAND Corporation, one of Japan's three largest general real estate development companies, makes its debut in the Singapore Asian dollar bond market with a US$4O million convertible paper this month. The issue, the third Euro-Asian bond this year, is likely404 words
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343 1981-03-07 9 Reuter THE CHAIRMAN of Japan s Federation of Economic Organisations (Keidanren), Mr Yoshihiro I nay a ma, said it is essential that the Bank of Japan lower its official discount rate from 7.25 per cent. He said the time has come for the centralReuter - 343 words
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Article137 1981-03-07 9 Reuter ECONOMIST Henry Kaufman of Salomon Brothers reaffirmed his recent prediction that the US prime rate will soon fall to the 17 to 18 per cent range, but move higher later this year. A prime of 17 to 18 per cent may be seen within theReuter - 137 words
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MONEY AND EXCHANGES
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Article394 1981-03-07 9 THE US dollar yesterday closed firmer against major European currencies but slightly weaker against the yen after fluctuating marginally throughout the day in thin trading, dealers said. Against the Singapore dollar, it closed slightly firmer at 2.1110/20 compared with 2.1070/80 at Thursday's close here, dealers said. laterfcaafc forward394 words
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Article150 1981-03-07 9 THE US dollar for overnight delivery yesterday closed at 209.25 yen, compared with a 209.70 opening, a 209.30/50 closing both in New York and on the West Coast and 207.80 here on Thursday. Trading was active with volume US$l.O3 billion. Soon after opening, the dollar touched 210.00 yen, reflecting150 words
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Article22 1981-03-07 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
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Article192 1981-03-07 9 ASIAN RATES ASIAN currency deposit interbank rates as at close on Mar 6. US Dollars (Spot) Offer Bid 7 days 10'* 16 1 month 169/10 16 7/16 2 months 16 13/16 16 11/16 3 months 16 15/16 16 13/16 6 months 16 15/16 16 13/16 9 months 16 5/16 16192 words
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Article49 1981-03-07 9 RANGE at prices offered by discount houses on MarC: Overnight: 7' Call deposits. V* r to Ti r /t Closiaf Bajriag 8*Uw( 3-month Treasury bills 011/16 6 9/16 3-month Bank bills 13'» OH 3 months CD 12'. 12'. 6 months CD 11 15/1611 13/16 Source: National Discount Co49 words
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Article280 1981-03-07 9 SINGAPORE gold futures yesterday closed generally firmer compared with overnight levels in quiet trading, dealers said. Opening quotations were marked up between US$4 to $7 an ounce following the metal's recovery in New York on Thursday night, then rose between $2 to $4 around mid-day on shortcovering before easing280 words
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Article37 1981-03-07 9 Wed TM New York U.40B 12 10B 11.70S 13.406 Zurich 11.30B 1170B 11 70S 12.10S TTwfB Wetf Singapore 114SB 12 006 11.85S 12.40S Closing price* in US dollars a troy ounce. Source: Credit Suisse, S'pore37 words
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Article47 1981-03-07 9 RESULTS of tender held yesterday for Treasury bills to be issued from Mar 9 to l-'J: Offered: $120,000,000 :~> Applied f«r: $299,750,000. Allotted: $120,000,000. Accepted bids: $96.32 approximately fiO per and higher bids in full. Average rale «T discennt m allotment: 6.730 cent per annum.47 words
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Article66 1981-03-07 9 THE dollar yesterday traded around 2.15 marks, nearly 1 '/i pfennigs above its close here on Thursday, dealers said. The market was quiet and nervous, with operators squaring positions cautiously ahead of the weekend. It opened at 1.9600/30 Swiss francs after closing at 1.9500/38 in New York and 1.9460/9066 words
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Article35 1981-03-07 9 Banknote rates yesterday? US —5.33/5.35 1JK 11.65/11.85 w 'Burma 1.20/1.50 1 India 5.70/5.90 «|h Indonesia 0.75/0.85 Japan 2.55/2.56 Korea 0 70/0.80 Philippines 0.65 0.67 Singapore 2.53/2.55 Malaysia 2.305/2.325 Brunei 2.«S/2.« Thailand 25.70/*.00 Taiwan 13.10/13JO35 words
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Article150 1981-03-07 9 Reuter JAPANESE exchange deal- ers said Saudi Arabia aijdlKuwait have bought an estimated US$5OO million wortliof yen in London and Tokyo in the past few days, appar". ently in the belief that yen's value against the d«i-I lar has bottomed out. The purchases were mad*Reuter - 150 words
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1934 1981-03-07 10 BID and offer prices officially listed and business in and reported to the Stock Exchange of Singapore yesterday with the number of shares traded shown in brackets in lots of 1,000 units, unless otherwise specified. SECTION ONE INDUSTRIAL A COMMERCIAL A hied1,934 words
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Article169 1981-03-07 10 SINGAPORE UNIT TOUR [ff |i pritM tar Mar The Commerce 3.79 3 98 The Saving* Fund 2.11 l-22xd S pore Prof Fund 1.6 170 S pore Sec. Fund 140 132 S pore Invest Fund 120 142 S pore Equity Fund 153 I B AWA UNIT TKUrr (M«—awi' pH—i169 words
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Article2770 1981-03-07 10 C.r-i Gr'» Net 1980/1981 Last Iliv Div Y'ld P/E Vol Day High Low Company Sale orCvr (•OOO) High Low SECTIC'N ONE INDUSTRIAL COMMERCIAL 361* 238* Acma 350 114.5 2.8 4.1 142 300 220 Alcom 300 12.0 2.5 4.0 17.0 184 116 Allied Choc 168 1 4.0N 1.92,770 words
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Article2088 1981-03-07 10 BID and offer prices officially listed and business in and reported to the Kuala Lumpur Stock Exchange yesterday with the number of shares traded shown in brackets in lots of 1,000 units, unless otherwise specified. INIHBTRJALB 4kM(3.005) <1)3 00 A Ckae (1 70B) (1) 1 70 A2,088 words
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Article56 1981-03-07 10 GENT1NG Berfcad: EOGM to be held at the Theatrette, Ground Floor at Bangunan MTOF, 196 A, Jalan Pekeliling, Kuala Lumpur on Mar 11 at 10 am. SIN Chew Jit Pah (Hagapare) United: EOGM to be held at Sin Chew Jit Poh Building, No. 19, Keppel Road, Singapore 020856 words
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Article, Illustration711 1981-03-07 10 NEBVEB held taat by appreheastoa wer the Budget nMeaty feud relief yesterday tai teveaten at the fflegspert stock exchaage ciffMHi their pie—re la a late rally. lie sbseace ef had aews la the IRI/! Badget speech yesterday afteraeea lifted market aeatlaMat stgalfleaatly towards the flaal heU.711 words
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Article578 1981-03-07 10 THE Kuala Lumpur stock market consolidated somewhat yesterday though prices fluctuated uncertainly on the trading boards. Values softened in the morning as weak sellers and profit-takers continued to exert pressure. An attempt was later made at steadying but this lacked strength. Overall, the trend was578 words
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COMPANY NEWS
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Article, Illustration599 1981-03-07 11 CATHERINE ONG - By CATHERINE ONG UNITED Overseas Land's carefully-timed move to bring its Odeon Katong shopping complex into the market next week may reap the company $18 to $20 million in pre-tax earnings. The project a transformation of the old run-down Odeon Katong cinema into599 words
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560 1981-03-07 11 DEMOLITION work has started for the redevelopment of prime land surrounding Jack Chia Enterprise Malaysia's (JCEM) EandO Hotel in Penang. The first phase of the project involves the construction of a commercial-cum-residential block. Work on the five-storey podium block for shops and560 words
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170 1981-03-07 11 LOWER contribution from its Thai associate has driven earnings at Aokam Tin Bhd significantly lower in the half year to Dec 31,1960. Pre-tax profit for the period was 47 per cent lower at MJ2.9 million. The contribution from the Thai company, Aokam Thai Ltd, shrank170 words
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LATEST RESULT
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59 1981-03-07 11 have improved to $70,000 ($9,000 previously) for the six months to Dec 31,1980. Turnover, representing tin tribute and FFB sales, also increased to $1.2 million ($271,000). The directors have declared an interim dividend of 2 per cent gross, unchanged from the previous interim period. This59 words
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Article816 1981-03-07 11 The KLSE has written again asking Perak CarWde to furQish the exchange with information regarding its proposed acquisition of KYW Enterprises, Gunong Petaling and Golden East. In particular, the exchange asked if the new share to be issued will rank pari passu in all respects with the existing816 words
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245 1981-03-07 11 ALTHOUGH consumer spending may be stagnant currently, Murata Mfg expects a further expansion of the electronic component market along with the development of electronic products such as home video tape recorders and increasing application of electronic equipment in various fields. There was already a245 words
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Article143 1981-03-07 11 THE unaudited pre-tax profit of Austral Amalgamated Tin Bhd declined marginally to |6.75 million in the first half year ended Dec 31, 1380, attributable to in prices and output. The profit was down 4 per cent from the $7.02 million achieved over the corresponding period143 words
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Page 11 Advertisements
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Advertisement135 1981-03-07 11 -<N/#s>r Jbej' We ve soared to dizzy heights l Circulation has doubled in three years: an amazing record! Since Business Times was first published in October 1976, it has meant business: providing businessmen in Singapore with a reliable daily source of essential news. Now, circulation has doubled to over 10,000135 words
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659 1981-03-07 12 THE Central Provident Fund Board will administer the Home Protection Insurance Scheme and it will not be subject to provisions of the Insurance Act. A Home Protection Fund, which will be administered and controlled by the CPF Board, will be set up659 words
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Article796 1981-03-07 12 LONDON, Fri. Share prices lost ground for want of support today with most investors square ahead of the UK Budget next Tuesday. At 3pm, the Financial Times index was down 6.4 points at 489.8. Banks led equities lower falling as much as 14p with operators taking defensive action796 words
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Article106 1981-03-07 12 AP NEW YORK, Fri. Stock prices edged up this morning as the government reported email dips in unemployment and inflation rates last month. The Dow Jones average of 30 industrial stocks was up 0.98 to 965.58 in the Qrst half hour, as advances outnumbered declines byAP - 106 words
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550 1981-03-07 12 THERE is little disappointment and few tears except for car owners in reaction to this year's budget. Though the business community pointed out that there was an absence of new incentives to stimulate capital expenditure and new investment, they were generally pleased that the Government550 words
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Article235 1981-03-07 12 THE GUANGDONG Shipbuilding Corporation (GSC), Wah-Chang International Marine Industry Company (WIMIC) and Bethlehem Steel Corporation signed a memorandum of understanding yesterday on the construction of jack-up rigs in China. The memorandum commits the three parties to discuss and negotiate seriously within the next two months a235 words
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316 1981-03-07 12 GENTTNG Berhad is to dispose of part of its Senawang estate for MJ33.24 million cash, to realise a net profit of $5 million. It announced yesterday that wholly-owned subsidiary Asiatic Development has agreed to sell the Sungei Gadut division of Senawang to316 words
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185 1981-03-07 12 Reuter HONGKONG stock markets are expected to fall sharply next week in bearish conditions following the colony's Association of Banks' decision to leave local deposit rates unchanged. The decision yesterday effectively means prime lending rates of the Hongkong and Shanghai Banking Corporation and theReuter - 185 words
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Page 12 Advertisements
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Advertisement38 1981-03-07 12 MICROGRAPHICS SOCIETY OF SINGAPORE Presents MICRO-FORCE 81 A Seminar cum Exhibition on Microfilm and its applications Discover the potentials of the micro-force 11th and 12th March 1981 Ballroom Singapore Hilton Hotel For further oetails. please call Tel: *****6038 words
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Advertisement160 1981-03-07 12 The Straits Times Directory of Singapore general information tab. Keeping tabs on informationyou never know when you need! The Straits Times Directory or Buku Merah (as we are also known) has four generous sections on vital bits and pieces of information you would require now and then. For instance, you160 words
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Page 12 Miscellaneous
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Miscellaneous65 1981-03-07 12 mmmim Outlook for Singapore from 6 a.m. to 1 p.m. today: Showers in few areas late morning onwards. Report (or 24 hoars prior to 7J9 p.m. on March 6 at the airport. Maximum temperature 31.9 Associated humidity 65 Minimum temperature 23.0 Associated humidity 97 Hours of sunshine 7.70 Rainfall in65 words
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LEISURE TIMES
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Article, Illustration1075 1981-03-07 13 RICHARD SEAH - By RICHARD SEAH THERE must be as many mango trees in Singapore as there are houses with gardens. I came to this conclusion during one of my (rare) walks around the estate in which I live. It was much easier to count the number of houses without1,075 words
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Article, Illustration761 1981-03-07 13 SIOW LI SEN - COLLECTING By SIOW LI SEN "UNTOUCHED by human hands" is the proud claim of an Italian car manufacturer about his cars. The phrase epitomises the twentieth century's obsession with high precision metallic clean technology. It was therefore rather startling to hear Stuart Crystal emphasise that its761 words
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394 1981-03-07 13 LILLIAN CHEW - By LILLIAN CHEW WE WERE SEATED around a two pedestal two leaf dining table. Morning coffee was served in fine china. The exquisite cups were laid on the table. Mr Brett immediately asked for place mats for the cups. He was afraid the394 words
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Article, Illustration583 1981-03-07 14 CHARMAINE CHAN - By CHARMAINE CHAN IF BOWLING is your game, then read on. You can drive off in a Mercedes-Benz 200S, fly off to the United States for a week's holiday or own a brand new Columbia 300 bowling ball depending on how you perform in the Columbia 300583 words
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Article, Illustration1224 1981-03-07 14 ■0T0BI18 with Hermes YOU'D probably have seen those wealthy people seated behind the wheels of their splendid automobiles looking a little aloof most of the time, thereby incurring a tinge of malice from the other less well-off onlookers. Well, it's natural to assume1,224 words
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1074 1981-03-07 14 RONALD KOW - By RONALD KOW PAHANG. Away match. These two reasons should be enough to suggest that tonight's Malaysia Cup soccer match against the east coast state team in Kuantan will be a tough hurdle for Singapore to clear. If you are looking for goals,1,074 words
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Article, Illustration553 1981-03-07 14 FOR JUST $50, you will get expert coaching with seven others and learn the basics of the game of tennis when the Singapore Sports Council starts its 1981/82 "Learn-To-Play" Adult Group Tennis classes from next month. Each two-hour classes held twice a week553 words
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Article220 1981-03-07 14 TODAY GOLF: Changi: The Ladies monthly strokeplay medal will be held this morning. SICC: This afternoon's monthly medals will be played for stableford points. The 'A* medallists will play at the Island course while the 'B' compete at the Sime course. p»e 'C' golfers occupy the New220 words
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Article183 1981-03-07 14 JAPAN'S Up pro-golfer Isao Aokl will take on Americaa BUI Rogers in what the sponsor killed as "Aoki's revcage on Sogers for the If» World Champloashlp" on March 12 at a golf coarse near the Tokyo lateraatteaal airport at Narita. Aokl, the 1178 World Match183 words
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Page 13 Advertisements
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Advertisement102 1981-03-07 13 BUSINESS TIMES I When we say business we mean just that IF YOU should be driving it you can't help but assume an air of arrogance. After all the BMW 635 CSI is simply oozing with grace and elegance. HERMES muses over his "luxurious" weekend, those few days when he102 words
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Advertisement6 1981-03-07 13 BUSINESS TIMES GIVES YOU THE EDG6 words
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Page 13 Miscellaneous
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Miscellaneous779 1981-03-07 13 L WHAT WHERE CULTURAL SHOWS THE eight-day Malay Cultural Festival Pesta Bndaya Melayn starts today at the National Library Lecture Hall. Daily from 10am to spm. Free admission. THE National Theatre Club will present Children's Songs and Dance Night on Thursday at 8.15pm at the Victoria Theatre. FILM SHOWS THE779 words
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