The Business Times, 25 July 1981

Microfilm: NL11184
Total Pages: 14
1 14 The Business Times
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  • Title Section
    Masthead
    11 1 BUSINESS TIMES M.C.(P) No. 107/1/81 SATURDAY, JULY tS, 1181 60 CENTS
    11 words
  • BRIEFLY...
    • Article
      Lee to attend wedding
      78 1 PRIME Minister Lee Kuan Yew left yesterday for Paris on his way to attend the wedding of Britain's Prince Charles and Lady Diana Spencer. Mr Lee will spend three days in Paris meeting cabinet ministers for informal talks. He will also visit Bonn after the royal
      78 words
    • Article
      Lock icon Share of car market
      85 1 AP CANBERRA, Fri. Japan's share of the imported car market in Australia climbed to 90.7 per cent in the year to June 1981, up from 84.4 the previous year, according to figures issued on Wednesday by the statistics bureau. The bureau said a total of 109,009
      AP  -  85 words
    • Article
      Back to profit path
      78 1 DETROIT, Fri. Signs of an improvement in the fortunes of the US motor industry have appeared in the past two days with announcements by Ford and Chrysler that they are moving into profit again after record losses last year. Ford, the second largest US car manufacturer,
      78 words
    • Article
      Lock icon Aeroflot denial
      73 1 Reuter WEST BERLIN, Fri. The Soviet state airline Aeroflot has rejected allegations by a West Berlin city senator that it encourages an influx of Sri Lanka as into West Berlin by offering cheap flights from Colombo. An Aeroflot official in West Berlin said in an interview with the
      Reuter  -  73 words
    • Article
      Lock icon KL-Moscow ties
      84 1 AFP KUALA LUMPUR, Fri. Malaysia's relations with the Soviet Union have not been affected by the recent expulsion of three officials of the Soviet Embassy here on espionage charges, the new Foreign Minister Tan Sri Ghazali Shafie said here today. Replying to questions from pressmen after he assumed
      AFP  -  84 words
    • Article
      Lock icon Arab warning
      76 1 Reuter TUNIS, Fri. Arab states meeting to consider the Israeli offensive in south Lebanon warned the United States today to reduce its support for Israel or facfc joint action by the Arab world. A resolution after an emergency session of the Arab League's Defence Council said members had
      Reuter  -  76 words
    • Article
      Lock icon Coal imports
      78 1 AP TOKYO, Fri. Ten Japanese companies have agreed to import 960,000 tonnes of hard coking coal this year from Bellambi Coal Co of Australia at Ass 6 free on board per tonne, up 23 per cent from a year earlier, Nippon Steel Corp announced today. Nippon Steel officials
      AP  -  78 words
  • Article
    Proposals from US businesses
    625 1  -  NO BONUS FOR JOB-HOPPERS? By FONG MEW LENG AMERICAN employers in Singapore have made additional proposals to supplement recommendations made by the committee on productivity (COP) although they have pledged support for most of COP's main proposals. The Amercian Business Council (ABC), with a membership of
    625 words
  • Article
    Another rise in tin prices
    257 1 TIN prices in Penang surged upwards from the lower, through the middle, and into the upper sector of the International Tin Council's price range within a short period of one week. Prices yesterday closed at M 533.06 per Idlo, 96 cents more than the previous
    257 words
  • Article
    Syndicated loans in foreign currencies
    606 1  -  By ALVIN TAY THE syndication of loans for major development projects has already begun, but the future may see some of them being provided in foreign currencies. Mr Peter Seah, chief manager (operations) of Overseas Union Bank, said the volume of loan demand resulting from
    606 words
  • Article
    Women urged to work
    300 1 SINGAPORE women, educated and capable of contributing to Improving national productivity, are not doing so. They prefer to stay at home after marriage or childbirth, observed Dr Wong Kwei Cheong, Minister of State (Labour) and MP for Cairnhill at the Methodist Girls' School's 94th Founder's Day
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  • Article
    Index falls another 22 points in a gloomy week
    284 1 THE STOCK market yesterday tppwMM the «eekni a* giaamily m it had hegaa the week. the day, the widely mealtared Straits lime* ladaatrlal ladex was dawa agala hy aaether 22.4 ft palate to MLB. It waa eae «C the want weeks
    284 words
  • Article
    Revision of water rates to reduce wastage
    528 1 THE PUBLIC Utilities Board (PUB) plans to revise water tariffs so as to induce more efficient usage and to reduce waste. This is like'y to be done in stages spread over a number of years to allow time for consumers to take measures
    528 words
  • Page 1 Advertisements
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      Page 1 Advertisements Column 1
      223 1 > Bookshops CEMDB GOODWOOD Park Hotel wants MUI to give it a cash alternative of $8.60 for every share in Hotel Malaysia and Ming Court Hotel Page it BANK NEGARA plans to introduce guidelines requiring banks to maintain shareholders' funds at 5 per cent of total risk assets Page 9
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      Page 1 Advertisements Column 2
      211 1 Swing With A Perfect The form and function of many things are often rated on a scale of 1 to 10. This includes Olympic competitive scoring, pretty girls and golf clubs. That's why Lynx named its newest, hottest model golf club 10'. These new-design woods and irons were created expressly
      211 words
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      Page 1 Advertisements Column 3
      5 1 8m page 1 Leader...page f
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      Page 1 Advertisements Column 4
      210 1 "1 (The Straits Companies Times k w pSS: directory Agencies Singapore (Buku Merah) J He said it was artificial respiration, but now I find I am to have his child." A Burgess There are many fools at a university as elsewhere But their folly, I admit has a certain stamp
      210 words
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  • OVERSEAS
    • Article
      Lock icon European textile industry warned
      515 2 Reuter THE EUROPEAN Economic Commission has warned the European textile industry that it cannot be protected against cheap foreign imports forever and must make every effort to become competitive. The commission said in a report yesterday that the EEC's cloth and clothing industries face falling employment,
      Reuter  -  515 words
    • Article
      Lock icon UK LORDS ANGER HK PEOPLE
      143 2 AP A GROUNDSWELL of anger and shock is mounting among the people of Hongkong over the move by the British House of Lords to give special status to Gibraltar in Britain's controversial Nationality Act. In a vote of 150 to 112 on Wednesday, the Lords
      AP  -  143 words
    • Article
      Lock icon China drafting new investment laws
      369 2 UPI CHINA is working on new regulations to lure foreign investors into the country's special economic zones, but they may not be completed for several months. Mr Soong Yif eng. coordination director for the Foreign Investment Commission, said in Beijing yesterday that provincial and central
      UPI  -  369 words
    • Article
      Lock icon Four little powerful Japans emerging in Asia
      300 2 AP AMERICAN bastaessmea who worry abeat the Japanese export challenge have been waned Is get ready for Asia's aew wave fear little Japaas with growing competitive power. This warning Is contained la the Aagsst II edition of Fwtmme. The fortnightly U8 ■f*»*— magarine
      AP  -  300 words
    • Article
      Lock icon Seagram offer for Conoco increased
      445 2 Reuter THE WAR for the takeover of Conoco has already gone further than expected. Seagram, the Canadian distiller, has raised its offer for the ninth largest oil company and second largest US coal producer to US$92 a share from $85 a share. "The merger mania
      Reuter  -  445 words
    • Article
      Lock icon Poland announces cut in meat rations
      200 2 UPI POLAND announced a 20 per cent cut in the nation's already meagre meat rations, but Solidarity has threatened protest marches in three cities. Internal Trade Minister Zygmunt Lakomiec told nationwide television on Thursday: "The government cannot provide enough quantities of meat and the
      UPI  -  200 words
    • Article
      Lock icon Call lor creative research
      157 2 UPI JAPAN should spend more and work harder on developing creative technology rather than importing it. The Science and Technology Agency said in its annual white paper that Japan now accounted (or about 9 per cent of the world 's science research expenditures, ranking behind the
      UPI  -  157 words
    • Article
      Lock icon MEXICANS MAY CUT OIL PRICE
      145 2 UPI MEXICO may cancel a US$2 price increase on crude oil imposed recently on its overseas clients. The Japanese news service Kyodo said on Thursday the price-cutting issue was raised during a meeting between Mr Julio Rodolfo Moctezuma, the visiting head of the state-run Mexican
      UPI  -  145 words
    • Article
      DAILY AIRCRAFT MOVEMENTS
      737 2 ARRIVALS Service Local Operator Number Time From PAA PA005 0010 NYC/SFO/HKG Cargolux CV796 0630 LUX DXB MCT MAS MH601 0630 KUL MAS MH680 0645 KCH SIA SQ101 0615 KUL MAS MH811 0815 PEN MAS MH603 0630 KUL MAS MH671 1000 PEN/KUL SIA SQ201 1000 HLP CAL CB14
      737 words
    • Article, Illustration
      SHIPS IN PORT
      552 2 EXPECTED ARRIVALS TODAY KEPPEL WHARVES Dong Min (0630) 40/41 Ermioni (after Bunga Melor unberths) 33/34 Equator II (0700) 22 Frotadurban (1200) 47 John Bakke (0600 after Artevida) 6/7 Nedlloyd Albany (0600 after Suhadiwarno Panjang) 3/4 Pabloeverett (after Sune S A Temburong) 29/30 Rajah Brooke (after Lumut) 20
      552 words
    • Article
      Lock icon Israel agrees to ceasefire in Lebanon
      338 3 Reuter ISRAEL has agreed to observe a ceasefire In the war of attrition with Palestinian guerillas in Lebanon. US special envoy Philip Habib said the ceasefire went into effect from 1130 GMT yesterday. Prime Minister Menachem Begin and Mr Habib spoke to reporters after
      Reuter  -  338 words
    • WORLD IN BRIEF
      • Article
        Lock icon AUSTRALIAN STRIKE
        507 3 Agencies A STRIKE by Australian truck drivers to press for higher wages has widened as petrol tanker drivers and aircraft refuellers walked out in two states. Transport Workers Union officials said the tanker drivers and refuellers in Queensland and South Australia joined about 45,000 colleagues throughout most of
        Agencies  -  507 words
    • Article
      Lock icon Iranian students disrupt election
      521 3 Reuter IRANIAN students yesterday fought with pro-govern-ment Muslim fundamentalists at the Iranian consulate in Ankara, wrecking an office and disrupting voting in the Iranian presidential election. About two dozen students, who declared their support for ousted Iranian President Abolhassan Bani-Sadr, stormed into a room at the
      Reuter  -  521 words
    • Article
      Lock icon Guerilla leader warns Arab states
      224 3 Reuter A PALESTINIAN guerilla leader has threatened to destroy Arab oil installations unless Arab states send troops to the front line against Israel and use their oU weapon against Israel's backers. The threat came from Mohammed Ghoneim (pseudonym Abu Maher), who was addressing 2,000 Palestinian
      Reuter  -  224 words
    • Article
      Lock icon China to supply Japan less oil
      197 3 Reuter JAPAN has accepted a cut of nearly 53 million barrels of oil from China during the next two years. A statement issued after a one-day trade review meeting in Tokyo said Japan has agreed to take 58.4 million barrels this year and next.
      Reuter  -  197 words
    • Article
      Lock icon Indonesia receives US$1b Spanish loan
      163 3 AP SPAIN agreed yesterday to pre vide Miewlt with a UBSI Ulllee credit for the csastracttoa «f a laa*-delay-ed taydracracker ptaat la Damai, eeatral Samatra. The kydreeraeker ptaat, rMtiag blightly ever $1 MlUaa, will crack BM* barrel* af law-aalphar waxy reaMae daily lato TLjm barrels
      AP  -  163 words
    • Article
      Malaysia to lure foreign capital
      368 3 THE MALAYSIAN government will spare no efforts to create a healthy Investment climate and chart new approaches to widen the country's marketing and commercial outlets. This was stated by the new Malaysian Minister of Trade and Industry Tengku Ahmad Rithauddeen on Thursday. He emphasised that
      368 words
    • Article
      Lock icon Call to lift ban on book
      203 3 AFP MALAYSIAN parliamentary opposition leader Mr Lim Kit Siang yesterday called on the Home Affairs Minister, Datuk Musa Hitam, to lift the ban on The Malay Dilemma, a book written by Prime Minister Dr Mahathir Mohamad. The controversial book, written by Dr Mahathir in
      AFP  -  203 words
  • Page 2 Advertisements
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      Page 2 Advertisements Column 1
      283 2 Konica has capitured tfrie art of simplicity L A dancer in the intricate Hane No Kamuro dance executed with exquisite grace and beauty CSS 5 55? X V -v •r-»r Konica FS-1 Japanese art form embraces the essence of simplicity. Konica FS-1 is the embodiment of this artistic simplicity and
      283 words
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      Page 2 Advertisements Column 2
      0 2 "}.<|=<_:_`.&.'%^{?*,*&-{]))>_|
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  • Page 3 Advertisements
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      Page 3 Advertisements Column 1
      100 3 THE NEW HOUSE OF MAGAZINE SUBSCRIPTIONS AND MAIL ORDER SERVICES WE WILL BE OFFICIALLY LAUNCHING OUR BUSINESS FROM 9 A.M. TODAY CALLMG ALL SM6APOREANS We have something for each and everyone of you. We are a prime source of facts for politicians, statutory bodies, businessmen, bankers, stock marketeers, industrialists, engineers,
      100 words
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      Page 3 Advertisements Column 2
      96 3 SERANGOON ROAD Near New World Amusement Park Today, Chung Khiaw Bank opens a new branch at 412-418 Serangoon Road (near New World Amusement Park), bringing you our comprehensive range of fully computerised banking services, including our 24-hour UniTeller banking, sale of gold and 1,586 safe deposit boxes. The Manager, Mr
      96 words
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  • RAW MATERIALS
    • Article
      Lock icon Rivalry in EEC tapioca market
      700 4 Reuter CHINA and Indonesia could make significant inroads into the EEC tapioca market over the next few years and begin to displace the current dominant position of Thailand, European feedstuffs traders say. Thailand accounted for about 90 per cent of total EEC tapioca imports of
      Reuter  -  700 words
    • Article
      Lock icon IWC forecasts record wheat harvest this year
      586 4 AFP A RECORD world harvest of 465 million tonnes of wheat this year and record world trade of 100 million tonnes in the marketing year 1981-82 are predicted. The International Wheat Council expects production to exceed last year's by 21 million tonnes (5
      AFP  -  586 words
    • Article
      Lock icon Brazil's frost may lower next year's output by 30 pc
      368 4 Reuter FROST damage in parts of Brazil's coffee-growing areas may have wiped out as much as 30 per cent of next year's production, coffee traders in Rio De Janeiro said this week as coffee prices fluctuated wildly in London and
      Reuter  -  368 words
    • Article
      Lock icon Technology to raise output
      247 4 AFP THE RUBBER industry in developing countries can maximise output from local raw material by improving their technology. This was pointed out by Mr Hans-Dieter Wagner of Switzerland in his paper at the Rubber Seminar on Thursday. Technology in developing countries calls for simple and flexible
      AFP  -  247 words
    • Article
      Lock icon INDIA'S TOTAL OUTPUT OF OILSEEDS
      240 4 Reuter INDIA'S total oilseed production in the 1961/82 year is projected at 12.8 million tonnes, down from nearly 13.1 million estimated for the 1960/81 year, the US Agriculture Department said. In a circular on the world oilseed situation, the USDA said peanut production, the most
      Reuter  -  240 words
    • Article
      Rubber trades in volatile conditions
      286 4 SEE-SAW price movements and active turnover were seen with current One RSS closing three cents down overall, says Hal May, C«tler, Bath and Company in its weekly review of the Singapore and Malaysian rubber markets. Market sentiment alternated between the influence of apparent heaviness in
      286 words
    • Article
      WHEAT
      137 4 WHEAT futures in Chicago on Thursday closed firm, up 3V« to 6'/j cents per bushel, near the highs of a 10 to U cent range. Heavy exporter buying spurred rumours of unannounced export sales, underpinning wheat prices from midsession. traders said. A bullish technical picture also lent support, chartists
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    • Article
      SOYBEAN
      135 4 SOYBEAN futures in Chicago on Thursday fell from early gains to close weak, down 3Vt cents per bushel in September to unchanged in distant August. Firmness in other grain supported soybean values early in the session, traders said. Buying in August and November by a leading exporter, while a
      135 words
    • Article
      Produce exchange
      174 4 CHINESE PrMiee Exchange, Siagaporr, eMas prices per ltfkg yestenUy. CMMit ail: Bulk fob 5122.50 sellers, ok) drum (in second hand drum) fob (136.50 sellers, new drum fob $141.50 sellers. Cspra: Mixed (loose) $72.75 buyers. Pepper: Muntok white pepper fob Asta NLW $375.00 sellers, Sarawak white pepper taq fob
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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 yan: China Blue Phoenix 20s 2,355 32s 2,860, 40s 3,015 (per bale of 400 lbs). Piece gssda: China Butterfly and Globe brand unq. Dragon Head unq; Five Lambs unq; Flower and Butterfly
      193 words
    • Article
      RICE
      329 4 SINGAPORE: Yesterday's closing prices in SI per kilo, ex-godown: THAI WHITE: 100 per cent first class (Kangaroo) new crop 1.38, 100 per cent second class 1.16. 100 per cent third class 1.10, 25 per cent new crop no stock. B-10 per cent no stock. THAI BROKEN: A-super 0.80. Special
      329 words
    • Article
      Straits Tin
      79 4 THE STRAITS tin price in Penang yesterday touched a new high since last November of M$33.K a kilo, an increase of 15 cents, into the ceiling range of $32.74 and *35.47, dealers said. Hie price surged on continued US, European, Japanese and local buying in line with a
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    • Article
      CLOSING PRICES
      30 4 Rubber: July 24 Singapore: Aug: 216.50 cents (unchanged) Malaysia: Aug: 237.50 cents (unchanged) Tin: M 933.06 per kilo (up 95 cents) Official offering: 223 tonnes (up one tonne)
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    • Article
      Lock icon Judge denies request to halt GSA tin sales
      121 4 Reuter US District Court Judge Louis Oberdorfer denied a request for a preliminary injunction that would have halted the general services administration's daily, off-the-shelf sales of stockpiled tin. Associated Metals and Minerals Corp had requested the preliminary injunction to stop the tin
      Reuter  -  121 words
    • Article
      LONDON MARKETS
      875 4 COFFEE: Robusta futures yesterday ended the midday call around session highs with operators reluctant to sell ahead of the weekend since uncertainty remains over the frost damage to Brazil's crop and over the weather there in the next few days, traders said. Turnover totalled 4,541 lots, including 1,350
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    • Article
      PALM OIL
      167 4 THE Kuala Lumpur market yesterday closed slightly lower on light selling in moderate trad- ing, dealers said. In the July position south fell Msls to $960 per tonne while in August, north dropped |7.50 to J952.50 while south was unchanged at $965. In September, the south region rose
      167 words
    • Article
      RUBBER
      225 4 THE Singapore rubber market yesterday closed steady with August One RSS buyers quoted at 216.50 cents per kilo, unchanged from Thursday's close, dealers said. The morning market lost 1.50 cents after fluctuating marginally on covering interest alternating with profit-taking, they said. Prices firmed in the afternoon on trade buying
      225 words
    • Article
      RAS PRICES
      334 4 RAS prices In cent* per ktlo yesterday: Noon (per kilo) Buyers Sellers Int. 1 R.S.S. prompt f.o.b. 306.00 207 .OON Int. 1 RJ5.S. August 215 50 216.50 Int. 1 R.S.S September 228.00 229.00 Int. 2 R.S.S. 201.50 202J0N UKCool 200.50 201.50N Int. 3 R.S.S. 1* 00 197 OON
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    • Article
      SSR and SMR
      99 4 NOON SSI It and SMR prica* jmm arriar HA 8 (Carml Bayer* 1 m 1 MU) (Perwart Mlk) Barer* Sailer* SSR20 11-Ma paUat) WM 199.50N 196-50 JOISON SSRtO (1-Ma paitati 196.00 197.00N 197.00 199 OON SMRCV (1-Ma palWti 364 00 266 OON 266.00 266. OON SMR L
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  • Page 4 Advertisements
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      Page 4 Advertisements Column 1
      59 4 OUR SPECIALTY Interior Design Furniture Paneling Painting Lamps Drapes Remodeling old Houses Phyllis Harvey ASID, DAVE HARVEY, |N£. PHYLLIS HARVEY SPACE PLANNERS, INC. 0250 (686) Quirino Avenue, Tambo Paranaque, Metro Manila ,Rhilippines TELS. 828-3871 828-3866 *832-2101 *832-2112 Distributed by Now available yS a ißAding bookshops. FEDERAL PUBLICATIONS 1 New Industrial
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  • TRADE AND INDUSTRY
    • Article, Illustration
      LUXURY TOUR BUS
      213 5  -  JAN LEE THE first SMeater luxury tear bus will be —Mi Its tppeanuice in Singapore mm following the Introduction of a new Merced* Beat chassis by Cycle and Carriage. Tbe new chassis, called the LPBI3, can be fitted with twe different bodies constructed locally. It eaa be
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    • Article
      NPB's management course in Mandarin
      385 5 PROMPTED by the presence of many Chinese-speak-ing managers and the environmental changes that they have to adapt to, the National Productivity Board (NPB) has launched its first top management development programme to be conducted in Mandarin. The NPB and its affiliate, the National Productivity Association,
      385 words
    • Article
      Demand for main TV parts
      299 5 THE television manufacturing industry in Singapore is fast moving towards full integration. Current buoyant demand for Singapore sets has led to an increased demand by TV plants for main components such as TV cathode ray tubes which are produced by Hitachi Electronics Devices (HED), the
      299 words
    • Article
      New approach to big building projects
      148 5 A NEW approach to the management of major contraction projects is the theme of a three-day seminar called the South-east Asian Construction Seminar. The seminar, to be held from Aug 12 to 14 at the Hilton Hotel, is presented by the Arthur Anderson Societe
      148 words
    • Article
      Industrial engineering
      129 5 THE different aspects of industrial engineering will be featured in a conference on "Development in Industrial Engineering for Future Prosperity", to be held from July 27 to 31. The conference is organised by the Institute of Industrial Engineers of Australia and the Singapore Professional Centre. The theme of
      129 words
    • Article
      Morton Chemical (S)
      99 5 AMERICAN-based Morton Norwich Products has set up a factory in Singapore to produce epoxy moulding powders. Called Morton Chemical (S), the Singapore company started production early this month. Its initial production target is 3.5 million pounds (about 1.6 million kg) annually. This will be increased to six
      99 words
    • Article
      Latest in computer science and know-how
      202 5 THE latest in computer science and technology will be featured at the second international computer technology exhibition to be held in Singapore. Sponsored by the Singapore Computer Society, Computa '81 will be held at the World Trade Centre from Oct 21 to 24. So
      202 words
    • Article
      Architect's dream
      505 5  -  By RICHARD SEAH SINGAPORE is in an ideal situation for the adoption of new ideas in architectural design. This is the opinion of Mr Robert Sobel, a world-renowned architect and president of Robert Sobel Emery Roth and Sons Inc Architects. Mr Sobel, who was in Singapore this week
      505 words
    • Article
      Survey on attitudes of local workers
      335 5 THREE out of every five Singapore workers do not take much pride in their work but regard it as a means of pursuing personal economic gains. However, their flouting of work discipline is mild and within the tolerance of employers. Fifteen per cent of
      335 words
  • Page 5 Advertisements
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      Page 5 Advertisements Column 1
      290 5 Deciding who's driving has never been so difficult "V i *£r\ -/r yF. wm. f, ,"i»t K* ■■>■ WW ££$IMhBBS \VW*' f*£xAHl >» '»K v <;,* > W \V A. V > -X* T.y > ;y •*> r: M i V lit* 4 K »*iA* 4 i ->-•- <SSF I-
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  • Article
    Women's debt to society
    394 6 THE ONLY resource that Singapore can boast of is its manpower. In order to enable the whole economic machinery to function at its best, the harnessing of all available manpower is vital. This means that everyone who is capable of contributing to economic productivity should not
    394 words
  • Article
    No substitute for hard work
    244 6 ENTER the Dragon! The only difference now is that this is real life, not a movie. As Americans found themselves falling for kung fu and kung fu heroes like Bruce Lee, they might soon find themselves falling for goods from four little dragons. Unlike the
    244 words
  • Article
    Lock icon Citizens' Band goes to Britain
    784 6  -  Citizens' Band Radio is to be legalised in Britain, but the decision has not pleased everyone. Even the growing fraternity of illegal CB users is unhappy about the choice of waveband, says ELAINE WILLIAMS. ELAINE WILLIAMS FT BRITAIN took a step nearer the introduction of
    FT  -  784 words
  • Article
    Lock icon THE RIOTING EXPERT
    861 6  -  roCTi with RUSSELL BAKER NYT FOR the big picture on the recent rioting in England, the man to see is Professor Harold Liverworth, the world's foremost rioting expert. The professor has rioted on six continents; been teargassed, clubbed and cut by broken glass more times than be
    NYT  -  861 words
  • Article, Illustration
    Lock icon Dickens' world enacted on stage
    855 6  -  By ANTHONY LEWIS NYT WE COME back to Dickens. In the end no other writer of fiction in English approaches him in vividness, exotic invention of character, social vision and the size of his canvas. No one else so grips us, on the printed page,
    NYT  -  855 words
  • Page 6 Miscellaneous
    • Miscellaneous
      Page 6 Miscellaneous Column 1
      657 6 -11-OIE CROSSWORD CBYPTIC PUZZLE ACBO6B 4 Broadcasting a song about some wives <6) 7 A warning not to touch (3, 5) 8 Shuns being so avid, perhaps (6) 10 Nevertheless, it produces drink (5) 13 Deceived many a man (4) 14 Teresa Riley's garment (4) 15 They have a pointed
      657 words
    • Miscellaneous
      Page 6 Miscellaneous Column 2
      798 6 TO SMASH A RING Satarday oatlaee this altenMM (eatirei The Devil's 8, directed by Bert Tapper. la this tdvettandnm, m Federal ageat Is "planted" la a priiia to eaglaeer the escape sf six ceavicts with We seateaces. His nriMtea Is to trala them to act as a team (samethlag la
      798 words
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  • Article
    Employers discuss proposals
    992 7  -  REALISTIC GRASP OF PROBLEMS FACED By FONG MEW LENG A RARE opportunity to partake in influencing policies that will eventually reweave the whole social fabric of Singapore has been offered to employers. Some may resent the responsibilities entrusted to them but most would know that it is
    992 words
  • Article, Illustration
    Towards efficient service
    1037 7  -  HOTEL INDUSTRY. A hotel's reservations system and its front office play an important role. A computerised reservations system which increases the efficiency and accuracy of room bookings can easily raise occupancy rates. And that pleasant greeting when the guest checks-in and that goodbye when he leaves will
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  • Article
    THE FRONT OFFICE
    352 7 IT IS eae at the meet Impressieaabie areas rf a betel. Fnm the architecture, the latorler faraiahlags ta the aaiferms aad the service, the gaeat V left with aa impreaaiea that will eaatlaae dariag aad alter Ida stay at the betel. Pram the eearteeaa greetiag that he
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  • Article
    Lock icon Popular science a bestseller
    919 7  -  By IAN HARGREAVES FT THE WAY many American businessmen and politicians tell it, the spirit of science and technology in the US is drooping, hand-in-hand with industrial productivity and the space budget. But for the New York magazine trade, science whether factual or fantastic is a
    FT  -  919 words
  • Page 7 Advertisements
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      Page 7 Advertisements Column 1
      175 7 The Straits Times The tab on vour business connection anvour of over 5,000 names and addresses! The general business listing of the Straits Times Directory or Buku Merah (as we are also known) Is a compendium of names and facts you ought to know. For instance, if you*have only a
      175 words
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  • INTERNATIONAL STOCKS
    • EUROPEAN MARKETS
      • Article
        Paris
        208 8 JULY 8 m CORB BILLS Air-Liquid* rto ♦1 B 1 M Q«nk Ptnffnt C S T (TboouonCk> dn r«trol— rtunptfTH Pninrlfi ino ***** tU 1M.10 11-1 OMMrmto Cradlt tacto m m -u ♦I HMtMi lUtani... Mtrtllw Boll u M m unch 1*90 TUB 14 ♦11 riMiw 7£ imo 1M
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        Brussels
        80 8 JULY n m FORWARD MARKET tr -0 taaa -a After M -0 11M -M Bni-Lamb ZZZZ im uneB asr I7M in -M imcfi Dt Bun JO# unci) ■na tine D Mtlub— mo Ob-Inrko-Bm 1(00 -40 ma uneB im Pftn rrm -M Hfl Dutch 1304 SEtro lOBO M Boc Oaa
        80 words
      • Article
        Frankfurt
        133 8 JVL7 m D* Aaf-Tttafankan «J» uneh AMao n.« -*i Alto Labao IIM uaj nu iriM *i >1 *1 J LI lS J 1 Li 1 mo uu Ml 1«1J ■U MU l -u Ml B -a. imj 1 J t eh eh Li Dyckarfaoff ST A lata (Mum (Mnokari
        133 words
      • Article
        Amsterdam
        127 8 july a rw ABM BUI U AbOftd T1J0 tU Afen tuo -u Aim AAfma 0100 -AS ■JO -1 cr SUM -0.4 MMB OM uneb BM onch m> *i UJO *01 Otlaad a.m -#.i FB ir* moo *0.4 flj 2* S 40J0 +1 ISM BJD onch •CM -0.4 OotmM n
        127 words
      • Article
        Milan
        57 8 JOLT S Anic Qm MM -MSI 2L -JH fSr_ w» U -1» On !■■!> M« -M» pi —g. Sll111? m<n M ttAMMar SI HUcnaUMFt 1M meh mSSSs* UocUttB Malta Ma am od 555 -w otm pn 5gi -JM n«nl rM c mm WrMU pf MJ* TIT MJ SfcTMt Mi
        57 words
      • Article
        NEW YORK STOCKS
        574 8 NEW YORK stocks on Thursday cloned higher due to a late afternoon rally but analysts believe the gain was just a lull in what will continue to be a downward slide. The Dow Jones industrial average, which lost 34 points in the last three sessions, closed 3.90
        574 words
      • Article
        TORONTO
        111 8 JULY B AMUN a >H uoeti a r 0 Bank Novt Bcou* M C«n BP CU Ltd m M 11 a -1 1% PT%*""i*"aaBpB>( Cupar MM. Site n CuipK 1st Ft CarUnf OTKmH Coat BtUi an DUIM lit nmum Dm TW 2 m WII»M<|I O- 11 IH -H CM
        111 words
      • Article
        JOHANNESBURG
        76 8 JULY B INDU8TRI; KLS A Alpha m uaeh Abarcota AS AM a A MIC Mi unch Barlow* "I Sugar MB •1 C*A Cum* natBM D* tan IM Mean M m M unch RKII ■VH wn M ram IMkn m uaeh OtMMl Oral it iSSE urn m no HiMii I»
        76 words
  • Page 8 Advertisements
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      Page 8 Advertisements Column 1
      642 8 lee Page 11 for Asian stocks The American Express Card serves you well, wherever good food is served". IMS fr 4 Snacksfor your island treks dCAKES > m a Mmr m '*ml Take your pick: Curry Puff Chicken Pie Gateau Cake Hot Dog Hamburger Sandwiches Roast Beef k Bun Pack
      642 words
    • Advertisement
      Page 8 Advertisements Column 2
      212 8 asgood as going to Bangkok. 7 W A f./ n s j* This i* Thai Seafood at ita authentic best So freah. it could have been alive IS minutes beta* coming to your table It was An enormous variety of succulent seafoods expertly prepared by Thai chats in our kitchen
      212 words
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  • BANKING AND FINANCE
    • Article
      Lock icon FURTHER RESCHEDULING TALKS
      369 9 Reuter POLAND will face major debt rescheduling negotiations in the next two years, similar to those nearing completion this year with Western banks and governments. The agreement announced on Wednesday in Zurich by an international banking task force largely concludes the creditors' official response to Poland's request
      Reuter  -  369 words
    • Article
      Exchange of stock
      97 9 THE PHILIPPINE National Bank and the Development Bank of the Philippines have agreed to accept 42,487,500 shares of the Marinduque Mining and Industrial Corp's common stock to cancel $53.7 million in debt to the banks. The exchange of stock to the government-owned banks will increase government ownership
      97 words
    • Article
      Bilateral loans
      59 9 INDIA has arranged US$43B million bilateral credits, including $55 million from the French government, for the controversial Thal-Vaishet fertiliser project, which was denied World Bank assistance. Government-to-government credits of about »296 million have already been tied up and talks are on to finalise a $140 million credit from
      59 words
    • Article
      BONN AID
      86 9 WEST GERMANY is considering a scheme which could provide Poland with up to one billion marks in new supplier credits, banking sources said. Preliminary contact has been made between the Reconstruction Loan Corp (KFW), through which the credits would be channelled, and federal authorities. The scheme would finance
      86 words
    • Article
      Continued weakness
      299 9 THE BELGAIN franc is likely tp continue its current weak levels against a strong dollar, with some improvements likely in the fourth quarter, the Foreign Currency Review, a publication of Manufacturers Hanover Trust (MHT), New York, said. The franc has been depreciating against the strong dollar, along with
      299 words
    • Article
      Lock icon EMS needs British help
      271 9 Reuter THE EEC Commission said Britain should take sterling into the European Monetary System (EMS) at the earliest opportunity to provide greater stability and coordination for European currencies. The call was included in the commission's draft programme for EEC economic policies over the next five years.
      Reuter  -  271 words
    • Article
      Lock icon Relaxed rules on Euroyen lending
      218 9 Reuter THE FINANCE Ministry has told Jifucw banks that their overseas branch offices may freely lead Euroyea, Japanese currency held overseas no deposits, for one year or less ta finance Japan'* export or Import trade. The measure was taken following complnlnts by the banks nboat
      Reuter  -  218 words
    • Article
      PRIME AT 15pc
      82 9 THE BANGKOK Buk ye* May raised its prise, mvlajp ul fixed deperit rates, fetlewlag Increases by ether majer lecal Herts this week. lie prime rate ms raised te IS per eeat tram 14Vi per eeat while the savtags rate was laereased te ltVi Ceeat frwn it per
      82 words
    • MONEY AND EXCHANGES
      • Article
        Singapore market
        363 9 THE US dollar yesterday closed slightly weaker against continental currencies and the yen in moderately quiet trading, dealers said. The Singapore dollar closed unchanged at 2.1580/90 against the US dollar but slightly stronger at 91.20/30 against the Malaysian dollar compared with 92.40/55 here on Thursday. btarfcaak hrmi4 nit*
        363 words
      • Article
        LONDON
        199 9 THE dollar yesterday opened little changed from its close here and in New York on Thursday in quiet and featureless trading, dealers said. It drifted down slightly in early trading, possibly on profit taking after Thursday's recovery, but firmed back towards opening levels. Dealers said such movements are insignificant
        199 words
      • Article
        PLR
        22 9 THE average rale at which major Singapore banks are currently prepared to lend to their best customers is 14.2 per cent.
        22 words
      • Article
        ASIAN $ RATES
        185 9 ASIAN RATES ASIAN currency deposit interbank rates as at close on July 24. L'8 Doll>rt<8pol) Offer Bid 7 days 19H 19 'j 1 month 20H 20^1 2 months 19H 19'. 3 months 19 5/16 19 3/18 0 months 19 18H 9 months 18 17H 12 months 17* 17H SwJn. Dm.
        185 words
      • Article
        Discount
        49 9 RANGE prices offered by discount houses on July 24: Overnight: 1% to 8*«% Call deposits i' tH to •*<<% Ckxiag Buyiaf Selliaf 3-month Treasury bills 6 1 6H 3-month Bank bills 14'« 14'» 3 months CD 13 5/10 13 3/18 S months CD 13 12H Source: National Discount Co
        49 words
      • Article
        Treasury bill tender
        51 9 RESULTS of tender held yesterday for 91-day Treasury bills to be issued from July 28 to July 31: Offered: $100,000,000 Applied for: $170,000,000. Allotted: 1100,000,000. Accepted bids: (98.32 approximately 57 per cent and higher bids in full. Average rate of discount on allotment: 6.715 per cent per
        51 words
      • Article
        GOLD
        208 9 SINGAPORE gold futures yesterday closed weaker compared with overnight levels after moving within narrow margin in featureless trading, dealers said. Total sales for the day was recorded at 14 lots while kerb volume at 23 lots and prompt closed easier at U*****.50/410.50 an ounce against 409.50/411.50 on Thursday. August
        208 words
      • Article
        Silver quotes
        38 9 New York 8KB 8 70B 8.7X 8 90S Zurich 8.55B 8 KB 8.75S 8 75S m WTfct Singapore 8 SOB 8 SOB 8.70S 8 70S doting prk tsinUS dollars a troy ounc >. Source: Credit Suisse, S'pore.
        38 words
      • Article
        HONGKONG
        154 9 THE US dollar yesterday closed softer on opening levels against major currencies in quiet trading, dealers said. It edged down to 235.00/15 yen from 235.35/45 at the outset of trading but held above its 233.70 80 previous close here. It slipped to 2.4445/55 marks from an initial 2.4475/85, after
        154 words
      • Article
        TOKYO
        160 9 THE US dollar for overnight delivery yesterday closed slightly firmer at 235.20 yen, compared with a 234.90 opening here, and a 234.85/ 235.00 closing both in New York and on the West Coast on Thursday, dealers said. This was sharply firmer from a 233.70 closing here on Thursday. Trading
        160 words
    • Article
      Bank Negara to set ratio guidelines
      711 9 BANK NEGARA is waiting for feedback from the commercial banks before it proceeds with the introduction of unprecedented guidelines on capital adequacy ratios. These ratios will govern the relationship between the size of shareholders' funds maintained by commercial banks, or net working funds in
      711 words
    • Article
      Lock icon American banker asked to resign
      613 9 NYT THE REAGAN Administration has asked for the resignation of the senior American official at the InterAmerican Development Bank (IADB). Bank officials suggest this move may be part of an effort to make the international bank more responsive politically to the administration's views. Mr RT
      NYT  -  613 words
    • Article
      LOAN FOR MANILA
      208 9 SOCIETE Generate and Fuji International Finance (HK) Ltd, the merchant banking arm of the Fuji Bank Ltd, have arranged a US$35 million syndicated loan for the Philippines' National Investment and Development Corporation (NIDC). The loan will be used to refinance short term obligations of NIDC. National Investment
      208 words
    • Article
      DEPRESSED
      49 9 SOCIETE Generale de Belgique SA said the recent particularly high level of Belgian interest rates is burdening it with increased financing charges. In addition the company's dividend revenues are down compared with last year owing to unfavourable developments on the Brussels bourse, it said in a halfyearly report.
      49 words
    • Article
      SHARP DIVIDEND CUT
      121 9 THE U8 Federal Nstlsasl Martgage I—rlsttsa (FNMA) has eat Ite qaarterty divided to feu eeats a ahare tram 11 eeato as a remit «I "caatiaaed advene tatereat rate nadlllsM". The tower dividead will be paid «a Au SS to stsehhsldera sf reeard aa Aag 4. The FNMA
      121 words
  • Page 9 Advertisements
    • Advertisement
      Page 9 Advertisements Column 1
      72 9 NOTICE OVERSEAS UNION SECURITIES LTD Announcement RESULTS FOR THE SIX MONTHS ENDED 30 JUNE 1981 The Board of Directors of Overseas Union Securities Limited is pleased to announce the following unaudited results for the half year ended 30 June 1981: The Group The Company assets at 30 June: Amount 5569,893,302
      72 words
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  • Article
    BUSINESS DONE ON THE SES AND THE KLSE
    1789 10 BID and otter 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 specifiedSECTION ONE INDUSTRIAL COMMERCIAL Ac» (1308) (I) 170
    1,789 words
  • Article
    Unit trusts
    182 10 SINGAPORE UNIT 1BUR (MiWin' prtaM krMIl) The Commerce 3 43 3.C1 The Savlnga Fund 1» 2 09 S'pare Prog Fund 1.53 l.O S pore Sec Fund 2.34 1« S'pare Invest Fund 1141 JOxd ni S'pare Equity Fund 145 152 DIAMOND MOT STOBK (M»—|»n' prieea krMIIR) Diamond S'pare Fd
    182 words
  • Article
    SHARE INFORMATION SERVICE
    2725 10 1981 High Low Company Last Sale +orGr's Div Div CvT Gr's Y'ld Net P/E Vol Day COOO) High Low SECTION ONE INDUSTRIAL ft COMMERCIAL 494 350 312 420 300 470 900 075 430 320 Acma Alcorn 130 Allied Choc 101 BAT 330 Bat* 110 Ben 300 Berjaya
    2,725 words
  • Article
    In Kuala Lumpur
    1915 10 BID and offer prices officially listed and business in and reported to the Kuala Lumpur Stock Exchange yesterday, with the number ot shares traded shown in brackets in lots of 1,000 units, unless otherwise specified INDUfntIALJ) Mtmm (3 «OS) (J) 110 A OK (J 106) AMD (3.035)
    1,915 words
  • Article
    COMPANY MEETINGS
    77 10 HOTEL Griai Ceateal: AGM to be held at The Conference Room, Hotel Grand Central Building, 22 Cavenagh Road, Singapore 0922 on July 27 at 11.30 am. SINGAPORE GLASS (1VM) Limited: AGM to be held at Spring Room, 8th Floor, South Wing, Mandarin Hotel. 333 Orchard Road, Singapore 0923
    77 words
  • Article
    Prices take a further beating
    784 10 THE TAIL-END sf Thar* day's te-paint whlpteab teak prices dawn farther yesterday, tithHgk there wis a shert-Uved lmprevemeat far few mlaates dirltg tr>4lag la the maralag. At the mid-day daae, the Strait* Timet ladastrial lades waa redaeed by II.M points; at the ead d the
    784 words
  • Article
    Kuala Lumpur sharply down
    624 10 SHARE prices continued to fall back, closing the week sharply lower at the Kuala Lumpur stock market yesterday. The weak market sentiment was in line with the much easier start on Monday, and except for a brief selling lull on Wednesday, share prices have suffered the
    624 words
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  • COMPANY NEWS
    • Article
      Move to increase stakes in Chem Industries
      255 11 CERTAIN sharehalders, wba together held 4,519,799 iktrti tit t( 8,499, Ml akara la Chemical Industries (Par East), have nadertakea to sabscrlbe to 1,828,289 shares arising ant af the eempaay's twa-far-flve righto lasae. This will brlag their haidiags la the eampaay to 1,398,189 shares
      255 words
    • LATEST RESULTS
    • Article, Illustration
      ACB prepares for keen competition
      565 11  -  By KOH TSE YING WITH greater diversification of business activities, Asia Commercial Bank Ltd (ACB) hopes to be better equipped to compete more aggressively with other banking and financial institutions in Singapore. In less than a year, the group has already formed four new subsidiaries,
      565 words
    • Article
      MWE trading request
      434 11 MWE Holdings Bhd has requested the KLSE to lift the suspension of trading in its shares as soon as possible, as there is no further major matter pending announcement. It said at its extraordinary meeting on July 19, Datuk K K Sharma, Mohamed Idris s/o S M
      434 words
    • In Hongkong...
      • Article
        TRADING resumed yesterday in the shares of China Motor Bus Co Ltd (CMB),
        73 11 the Hongkong Stock Exchange said. Trading was suspended on Thursday following the offer from Athlone Ltd, a whollyowned subsidiary of Paliburg Investment Ltd, to acquire up to 13.5 million shares at HK$35 a share. CMB on Thursday
        73 words
      • Article
        STOCKS closed lower again yesterday,
        165 11 leaving the frag- ile Hongkong market over 120 points down for the week. However, a technical rebound in the afternoon may indicate prices have stabilised, according to brokers. The Hang Seng index closed down 10.17 points at 1,688.56, 121.64 points lower than the record high
        165 words
    • Article
      HOUSING PLAN FOR MASAI
      262 11 TAMAN Gunung Hijau Sdn Bhd, a subsidiary of Ipoh Garden Bhd, plans to build more than 6,000 units of Oats and condominiums and terrace houses in Masai, Johore, using the prefabrication method of construction. Although company officials have not completed costing, at a conservative estimate of
      262 words
    • Article
      DIVIDENDS ANNOUNCED
      330 11 Carteat Ex Beats Dale Tatal fer Tetalter Paymeat Date Ctaee PayaMe the year PWIni Alex HMga «%(b) NYA NYA NYA e% 6% BSeakavaag 30%(q) Jul 20 Jul 27 Aug 12 30% 30%(q) C Sum 10%I Jul 27 Aug 6 Aug 20 10% 20% E A 1 12V»%<b) Aug
      330 words
    • Article
      SCRIP ISSUES
      415 11 Company Particulars Ex Date Rnnlrg Close Alesai Alex Httgs GIHMgs Proposed rights issue of 2 for 1 $1.70 per share Proposed bonus issue of 1 fori Rights issue of 1 for 3 fe, S2 .00 per share Bonus issue of 1 for 2 (Rights entitled to bonus) Bonus
      415 words
  • ASIAN STOCKS
    • Article
      Shares lose ground
      284 11 HONGKONG STOCKS yesterday continued to fall on fears of higher local interest rates in the near future, even if not this week, dealers said. The Hang Seng index ended 10.17 points down at 1688.56, a marked contrast to its close last Friday at a record 1,806.20, just
      284 words
    • Article
      Bangkok
      91 11 STOCK prices remained mostly steady in weak trading yesterday, dealers said. Jalaprathan Cement, Rama Tower and United Flour Mill closed unchanged. JULY M 1 Batata i«i» nim Mvthut In*. Banckot But ButOt Ayudtaaya m uneb ■a 151 1 BarU Juckn charoooc Thai Wir. rm Traat Industrial PlnanCa Corp Intaridrtiooal
      91 words
    • Article
      Sydney stocks fall lower
      257 11 tf A NEGATIVE reaction to the BHP annual result helped push the market's All-Ordi-naries index to its lowest closing level of the year. In otherwise steadier trading, BHP shares fell 40 cents to $13.50 after the group reported a 20.8 per cent rise in net profit
      257 words
    • Article
      Tokyo
      408 11 SHARE prices yesterday rallied moderately on bargain hunting in blue chips, but trading was slow with many operators worried about the uncertain yen trend on the foreign exchange market, dealers said. The market average gained 26.01 to 7,743.06 on a thin turnover of 230 million shares. The Tokyo Stock
      408 words
    • Article
      Manila
      69 11 r Ornnui am JULV Phil Oiinm OM Aeo)» lflntof Ml -MM Phi** A AUu CML A Phlki B .MM 0-001 »in I unch tion BMUlo Ootd IBM «UM PLOT TIM Banfuct COO. M unch Podeo B M BF OooOrteh PoM CDC* 1M unch Bad M*\mI A Landou yifml B
      69 words
    • Article
      Selected indices
      54 11 FINANCIAL TIMES INDUSTRIALS Thursday 518.6 Wednesday 517.0 Week Ago— 52» 3 DOW JONES AVERAGE INDUSTRIALS Thursday 928.56 Wednesday 824.66 Week Ago 855 48 H.K.HANG SENG Friday 1688.56 Thursday 1688 73 Week Ago 1810.20 AUSTRALIAN INDUSTRIALS Friday 709 6 Thursday 710.7 Week Ago 727.9 ALL ORDINARIES Friday 640.2 Thursday
      54 words
  • Page 11 Advertisements
    • Advertisement
      Page 11 Advertisements Column 1
      123 11 Car ownership has its problems. 'SZ'WEARNES doesn't! We offer as near to perfect a service as you'll ever get! Because the only cars we rent out form part of our franchise range. Which means that every car rented from us is treated as if it's your car. Regularly serviced, maintained
      123 words
    • Advertisement
      Page 11 Advertisements Column 2
      188 11 This announcement appears as a matterof record only. INDUSTRIAL COMMERCIAL BANK LIMITED (Incorporated in the Republic of Singapore) RIGHTS ISSUE OF 20,000,000 SHARES OF Ssl.oo EACH AT 551.20 PER SHARE Managed Underwritten by ADP HOLDINGS PTE LTD The following also participated in the underwriting: Asia Commercial Bank Limited The Development
      188 words
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  • Article
    Sparkling set of interim results from Selprop
    291 12 ASSET-rich Selangor Properties Bhd (Selprop) has turned in a sparkling set of interim earnings, thanks to higher investment and development income as well as surplus from its property sales. Unaudited group pre-tax profit for the half year to April 30, 1981, rose a
    291 words
  • Chief Price Changes
    • Article
      SINGAPORE
      147 12 Rises Hoag L«oi| Ind 1800 -30 Metro Hldg* 1720 20 G I Hide* 790 10 Tow* City 520 10 Pan Electric 386 6 Oriental Hldg* 780 5 Amcol 114 4 Falls H Leone Credit 1350 •150 G Ceramics 600 -150 P M Hldgs 550 -100 M a la k
      147 words
    • Article, Illustration
      KUALA LUMPUR
      158 12 Falls S pore Land 1250 -270 C Sugars 1720 -200 HLInd 1880 -140 H L Fin 980 -110 A Amal 1010 -110 Syn Tesins 610 -100 Tasek 720 S Trading 1020 -90 Jacks Intl 320 -76 Pegi 600 -70 Paramount 675 -70 Dun! op lnd 700 -70 N
      158 words
  • Article
    KL Stock Exchange to extend trading hours
    323 12 THE Kuala Lumpur Stock Exchange yesterday announced two major moves believed to be intended to help stabilise the market which has been gripped by increasingly more severe waves of selling. In its first announcement, the KLSE said that normal trading hours will be
    323 words
  • Article
    Ban Guan Enterprise Pte Ltd
    61 12 IT HAS been pointed out to us that Mr TK Lim is not associated with the development of Tuan Sing Park and Springleaf Gardens, as suggested in our story of July 10. They are both projects of Ban Guan Enterprise, who have no association with
    61 words
  • Article
    LONDON STOCKS
    816 12 LONDON, Fri. The market closed mixed in low volume with interest rate worries still dominating market sentiment. At 3pm, the financial Times index was up 1.2 points at 519.8. The firmer trend in sterling prompted small demand (or government bonds which ended about '/< point higher. The weekly
    816 words
  • Article
    Khoo changes his mind on MUI bid
    726 12  -  mmm Companies Editor: Mano Sabnani By CHOO AI LENG HOTELIER Khoo Teck Puat has changed his mind about selling the majority stakes in Hotel Malaysia (HM) and Ming Court Hotel (MC) to Malayan United Industries (MUI) for shares valued at $15 each. He
    726 words
  • Article, Illustration
    Tai-Pan share balloting
    302 12 THE man in the street seems to have had a better chance ri saecess In his appttcatton far Tal-Paa shares, as compared to the prevtoas Ud far Marca Pato shares In May. For these whe applied far shares, the hallatlng ratto was 1:1«, with each snccessfnl applicant
    302 words
  • Article
    AMCOL BACK IN THE RED
    187 12 AMCOL Electrical Industries sees red again for the year ended Dec 31, 1900, with loss before taxation at $779,678. The company first plunged into the red in 1979 with a loss before taxation of $74,888, compared to a profit of $13,553 in 1978. Turnover also
    187 words
  • Article
    Jack Chia takes further stake in Haw Par
    153 12 ONCE again. Jack Chia has defied the bearish sentiment prevailing in the stock market and chalked up another block of Haw Paw shares. He acquired 635,000 shares at $4.48 and between MJ4.90 to MJ5.00 on Thursday. The local entrepreneur has been consistently
    153 words
  • Article
    Bolton buys M$12m property in KL
    141 12 BOLTON Properties yesterday announced a MJ12.75 million purchase of a residential property in Kuala Lumpur. The 1,716-hectare property, comprising 10 contiguous pieces of land on Jalan Mayang and Jalan Yap Kwan Seng, is slated for condominium development. The vendor of the property, Chidambaram s/
    141 words
  • Article
    KEPPEL GETS MAS' APPROVAL FOR MONEY BROKING
    122 12 KEPPEL Shipyard has obtained approval from the Monetary Authority of Singapore to branch out into the money broking business. Negotiations between Keppel and Tokyo Forex Co Ltd on the setting up of the joint-venture to establish a money broking firm in Singapore have
    122 words
  • TAKING STOCK...
    • Article
      Lock icon Watch Ambassador
      916 12 by HOCK LOCK SIEW HAVING gone through three years of consolidation since the hotel was listed on the stock exchange in 1978, Ambassador appears poised for expansion into other lucrative sectors. It has already incorporated two companies within the month and successfully tendered for a restaurant at Changi
      by HOCK LOCK SIEW  -  916 words
    • Article
      Lock icon DOW JONES HIGHER
      99 12 AP NEW YORK, Pri. The stock market headed higher this morning, following through on Thursday's late rally. The Dow Jones average of 30 industrials climbed 2.47 points to 931.03 in the first half hour. Gainers outnumbered losers by 3 to 2. Analysts said news of Israel's agreement
      AP  -  99 words
  • Page 12 Advertisements
    • Advertisement
      Page 12 Advertisements Column 1
      232 12 from The OPEN mnvEßsnr PRESS Books that encourage constructive discussion so that the non-specialist will be able to influence the development of the computer and its pattern of exploitation. *1 i THE FUTURE WITH MICROELECTRONICS by tann Barron and Ray Curnow Within the next five years microelectronics technology will engulf
      232 words
  • Page 12 Miscellaneous
    • Miscellaneous
      Page 12 Miscellaneous Column 1
      61 12 WE«TiHE«i Outlook for Singapore from 6am to lpm today: Showers in a few areas. Report for 24 heart prtor to 1M pm m Jily 84 at the airport. Maximum temperature 31.5 Associated humidity 70 Minimum temperature 25.3 Associated humidity 96 Hours of sunshine 9.25 Rainfall in millimetres Trace Total rainfall
      61 words
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  • LEISURE TIMES
    • Article, Illustration
      The singer, not the stage, props...
      582 13  -  The performance was stripped off all the usual opera trappings. All that was left was a bare stage, a piano accompanist and the gift of their voices. KEVIN WONG attended the first night of the Metropolian Opera at the Hilton Playhouse and, like the
      582 words
    • Article, Illustration
      American transport teaser
      406 13  -  By RICHARD SEAH THE CAB driver stared. Not quite able to react, I tried to explain myself. "I'm with them," I said, pointing to my three friends who were just getting into the back of his taxi. He continued for a while, eyes and mouth wide open.
      406 words
    • Article
      Liza Page, the lady who lost her cool
      379 13  -  By Peter Wong DON'T mess around with Liza Page! When she tells a Joke or sings, sit back and enjoy it. She might Just get offended if you don't. Wednesday night at the Kasbah, Mandarin Hotel, was a night to remember. While
      379 words
    • Article
      Admirable jazz pianist
      752 13  -  By PATRICIA GOH PIANIST David Ng talks with the ease of someone who has been interviewed ten times over. So what new angle can we take we don't really want to go through things that can be read in a resume and everybody knows that David Ng
      752 words
    • Article
      Standard of play falling pathetically
      980 14  -  By RONALD KOW WHEN Dr Tan Eng Liang, s chairman of the Singapore t Sports Council (SSC), an- > nounced last week the set- v ting up of a Sports Fund v Committee to raise money 7 for the development and im- i provement of
      980 words
    • Article, Illustration
      MAKING A GOLFER'S LIFE DIFFICULT
      623 14 CHBIB PITMAN ku aa "aapicasset" Jsh. Be aets set to make every getter's life HOmIL Hfe )»b to to MM getf eMm, aad Mb earreat prejeet is Seat— Serapeag Getf Cearee. Chrto Is eae sf a rave Meed, far there are ealy abeat tt whe
      623 words
    • Article, Illustration
      Serapong's challenge
      1042 14 SERAPONG may not mean much beyond the shoreline of Sentosa at the moment but before the eighties are out, it could very well be a name on every top golfer's lips like St Andrews, Augusta or Sandwich. The new championship course currently under construction might well emerge as
      1,042 words
    • Article
      YOUR WEEKEND SPORTS
      317 14 TODAY GOLF: Keppel: The Port Authority Recreation Club is holding its competition at the Bukit Chermin course this afternoon. SICC: The annual Sir Arnold Robinson Cup greensome competition will be played at the New course this afternoon. Seletar: There will be a four ball best ball competition
      317 words
    • Article, Illustration
      A pricey package from Opel
      955 14 ■OTOKIM with Hermes IF YOU have been reading a lot about what is happening in the motoring scene, you'd no doubt have come across mention of General Motor's J-cars, K-cars and other such alphabetical appendages given to its new projects. The Opel Kadett is a
      955 words
  • Page 13 Advertisements
    • Advertisement
      Page 13 Advertisements Column 1
      98 13 BUSINESS TIMES GIVES YOU THE EDGE CAN you counter the challenge of the course, the Sentosa Serapong Golf Course which is expected to be ready by the end of next year? CHARMAINE CHAN speaks to Chris Pitman, Serapong's construction superintendent. RONALD KOW laments the dropping standards of sports in Singapore.
      98 words
    • Advertisement
      Page 13 Advertisements Column 2
      10 13 BUSINESS TIMES When we say business we mean just that
      10 words
  • Page 13 Miscellaneous
    • Miscellaneous
      Page 13 Miscellaneous Column 1
      392 13 I WHAT WHERE [I FILM SHOWS CHARLES BRONSON plays a Soviet agent in Tele(n, which will be screened tomorrow at the Hilton Movie House. The story tells of a Stalinist who refuses to accept the new Soviet policy and tries to force Russia and America back into their old warlike
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