The Business Times, 12 December 1981
1981-12-12
1
14
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The Business Times
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Title Section10 1981-12-12 1 BUSINESS TIMES M.C.(P) No. 107/1/81 SATURDAY, DECEMBER 12,1161 60 CENTS10 words
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483 1981-12-12 1 ALVINTAY - By ALVINTAY PRIME lending rates at half a dozen major banks have again been cut as the Monetary Authority of Singapore's intervention, through substantial swap deals, begins to take effect. The Business Times' prime rate index of 12 major hanks will be483 words
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Article152 1981-12-12 1 CITIBANK has introduced a bousing loan package whereby borrowers need only pay a 10-per-cent cash deposit on current market value of the property instead of the normal 20 per cent. The package will complement the Central Provident Fund's approved private residential properties scheme. The bank's consumer services152 words
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Article482 1981-12-12 1 AGNES WEE - By AGNES WEE THE URBAN Redevelopment Authority has called some developers who have tendered for parcels in the 10th Sale of Sites to improve their prices. They are mainly tenderers of the larger sites who have submitted very low prices. The response fnftn most482 words
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814 1981-12-12 1 HSUNG BEE HWA - By I HSUNG BEE HWA THE GROUP financial controller of a publicly-list-ed company has advocated the amendment of existing laws to help curb insider trading as well as whitecollar crimes. Mr Kenneth Chew of Prima Ltd said the current $30,000 fine and/or five years814 words
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Article329 1981-12-12 1 BANK of New South Wales, Citibank and Toronto Dominion (South-east Asia) yesterday set themselves a record in local syndication history by concluding the largest loan signed here almost USSMO million The loan, to an Australian caking coal mine Joint venture, Oaky Creek Coal, is in329 words
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BRIEFLY...
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Article63 1981-12-12 1 AP BEIJING, Frl. A senior Chinese military official says China will downgrade relations with the US if it sells advanced jet fighters to Taiwan. The Chinese official did not specify what kind of weapons sales would trigger the downgrading or whether it would be lowered to a ChargeAP - 63 words
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Article90 1981-12-12 1 UPI KUALA LUMPUR, Fit The government will make the naval base in Malaysia's western coast into "an Impregnable fortress" by 1964, Prime Minister Datuk Mahathir Mohamed said today. He said the government has awarded a West German company a contract for the construction of a $290 million dockyardUPI - 90 words
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Article70 1981-12-12 1 Reuter FRANKFURT, Fri. Poland further assured Western commercial banks that it will do its utmost to meet outstanding interest and principal payments due this year. Repayment, estimated at between US$45O and $500 million, is a condition for signature and implementation of an agreement reached to reschedule $2.4 billionReuter - 70 words
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Article48 1981-12-12 1 Reuter KUALA LUMPUR, Fri. Kuwait has agreed to give Malaysia finan- cial aid for eight government projects, including the building of an airport in Sarawak. Malaysia's Finance Minister Tengku Razaleigh Hamzah added that the Kuwaitis had also asked Malaysia to submit otfcfr projects for consideration. ReuterReuter - 48 words
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Article65 1981-12-12 1 KUALA LUMPUR, Fri. All visitors to Malaysia on a two-week social visit pass will be granted an automatic six-month extension on application. "No hassles, and no questions asked," said Deputy Prime Minister Datuk Musa Hitam. Datuk Musa said this relaxation of Malaysia's tight immigration policy is aimed at65 words
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Article86 1981-12-12 1 AFP BRUSSELS, Fri. The Belgian central bank today raised its bank rate two points from 13 to 15 per cent, effective at once, to dampen speculation about the Belgian franc. This currency is the weakest at present in the European Monetary System (EMS). It has been under attackAFP - 86 words
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Article66 1981-12-12 1 Reuter TOKYO, Fri. Foreign investors bought a net 18.50 billion yen of Japanese stocks last week, the sixth consecutive week of net buying, the Tokyo Stock Exchange said. Net buying rose sharply from 9.87 trillion yen of net purchases in the previous week as buying rose to 90.32Reuter - 66 words
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228 1981-12-12 1 SUMITOMO Chealeal effldak la fcpww yesterday eaaflrmed thai it Is m« set deflate that the C-MIUm p*wt«dl eeatpiex will start predaettoa by «d-IW/ early IMS as had beta eavtositsrzszrsz will he completed by Aagast ML Mr J NMriwakt, geaeral ■Hanger af Pefreeheadeal Cerparattoa228 words
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467 1981-12-12 1 LILLIAN CHEW - By LILLIAN CHEW THE Monetary Authority of Singapore is encouraged by financial institutions' favourable response to having a financial futures market. The manager of the International Department, Mr Ng Kok Song, said yesterday that there was a far greater number of banks that467 words
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Page 1 Advertisements
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Advertisement225 1981-12-12 1 n U^IDBZ MEMBERS of the investment community, particularly certain minority shareholders of Leong Huat, are highly dissatisfied with the action the Securities Industry Council has taken against property developer Mr Ho Kok Cheong Page 12 IT looks like Santa Claus may come in the form of International Trust and Finance225 words
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Advertisement213 1981-12-12 1 Swing With A Perfect 5 The form and function of many things are often rated on a scale of 1 to 10. Hi This includes Olympic competitive scoring, pretty girls and golf clubs. That's why Lynx named its newest, hottest model golf club 'lO'. These new-design woods and irons were213 words
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Advertisement69 1981-12-12 1 SSSE®' ss> ldinG M* #®n pro ana 90* wxtt Sole Ageot H.L YONG CO. PTE. LTD. Singapore KuaU Lufnpur Periang I h. V I l THE WORLD... 41UNSINGWE4R >0IMI SftNIK U.S. A THE SYMBOL OF QUALITY When ycxj wear Munsingwear. You know you look good. Anyway you wear it. Everywhere69 words
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BANKING AND FINANCE
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653 1981-12-12 2 THE World's economy next year will be better than this year's, but with certain weaknesses persisting, according to Bank of America's report "Economic Outlook World 1982". The bank said it expects the US economy to begin a recovery from its recession by the653 words
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Article127 1981-12-12 2 Reuter THE Bank of Japan is ready 3o intervene strongly in the foreign exchange market if the yen weakens sharply against the US dollar following the official discount rate $ut to 5.5 per cent. Bank governor Haruo Maekawa said that thorough attention is needed to preventReuter - 127 words
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Article155 1981-12-12 2 Reuter THE Hongkong Chinese Gold and Silver Exchange Society announced it will issue new registration certificates to its members to stamp out fraudulent sales. According to the society, investors were complaining they were losing money trading with fraudulent dealers, who were passing themselves off as accreditedReuter - 155 words
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193 1981-12-12 2 AP CHINA'S year-old insurance industry paid more than 107 million yuan (US$7l.3 million) to flood victims in 11 provinces and cities this year, and helped in rescue work too. Many companies in south-west China's Sichuan province received warnings from their insurance companies before disastrousAP - 193 words
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377 1981-12-12 2 COMMERCIAL bank lending operations in Malaysia took a dip in August, hampered by tight liquidity conditions which were reportedly at their worst then. Bank Negara monthly statistics show that total loans and advances extended by commercial banks dropped by 6.2 per cent to377 words
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238 1981-12-12 2 A NEW loan scheme to provide bumiputra entrepreneurs with concessional financing has been offered by Bank Pembangunan Malaysia Bhd Under the scheme called "Venture Capital Scheme," bumiputra entrepreneurs will be granted maximum loans of $300,000 at interest rates of between 2 and 7 per cent238 words
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230 1981-12-12 2 THE eeatlaaed eaatag af American Interest rates aheaM help the Heagheag Miar ta reeeap mm Ita hmm against the U8 earrcMj* H#wfvflfj My strength aheve that which has already keen registered will ealy erne ahant when hath lndatfaa and the trade aeeeaat Improve markedly,230 words
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281 1981-12-12 2 Reuter THE Soviet Union is discussing a US$5OO million loan with Western banks, most likeiy for project financing. Details are still m*rl*ar although loan terms would probably not differ greatly from those on the $100 milIk», five-year club deal recently arranged for Comecon'sReuter - 281 words
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134 1981-12-12 2 MALAYSIAN Deputy Minister of Finance, Datuk Najib bin Tun Abdul Razak, will declare open a leasing and economic development conference in Kuala I jMpr next month. The two-day conference, which begins on Jan 12 at the Hilton Hotel, hu received encouraging response from participants in134 words
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Article100 1981-12-12 2 AFP FRENCH conservatives' complaints that nationalisation of the main French hanks will give an unfair advantage to private foreign banks have been discounted by American banking experts. They pointed out that foreign and French private banks in France will mostly be dependent on the big nationalised banks.AFP - 100 words
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MONEY AND EXCHANGES
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Article22 1981-12-12 2 THE average rate at which major Singapore banks are currently prepared to lend to their best customers is 12.5 per cent.22 words
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Article172 1981-12-12 2 ASIAN RATES ASIAN currency deposit interbank rates as at close on Dec 11: US D*IU»<8Mt> Offer 7 days 12* 12* 1 month 137/16 135/16 2 months 13* 13* 3 months 13* 13* 6 months 13* 13* 9 months 13* 13* 12 months 139/16 13 7/16 l*Ai Dm. 1 month 3172 words
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Article49 1981-12-12 2 RANGE of prices oflWi ed by dlscount houses am Dec U OveraJrtt: 2* to 4V.% Call deporid: 1% to 4%% Omkm B.jrtac J-month MUM Treasury bills 3% 3* 3-month Bank bills 75/16 73/18 3 months CD 7 3/16 71/16 0 months CD SU/16 66/16 Source: National Discount Co49 words
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Article36 1981-12-12 2 Frankfurt exchanges opening quotes on Dec 11: US 2.2500/15 Stg 4.257/264 Can unav DH-91.27/41 S FY -122.26/45 Lit -1.863/74 F FY 39.38/43 N Kr unav B FY (con) 5.850/860 B FY (fin) 5.050/060 Yen -1.0285/30036 words
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Article440 1981-12-12 2 THE US dollar closed firmer against sterling but was narrowly mixed against other major currencies in thin late trading on the local foreign exchange yesterday. The Singapore dollar closed slightly firmer at 2.0460/70 against the US currency compared with 2.0475/85 on Thursday and at 91.20/35 against the Malaysian440 words
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Article65 1981-12-12 2 RESULTS of tender held yesterday for 91-day bills (to be issued from Dec 14 to 18) and 182-day bills (to be issued on Dec 14): Offeretf: AhM for: litlrrd fill §t niter MM* J120,000,000 S299.830.000 mo.ooo.ooo *99.11 approximately UH higher bid* in fuli 1t2-day bMta O0.000.000 190.530.00065 words
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Article146 1981-12-12 2 THE US dollar In Hongkong yesterday strengthened against most major currencies in relatively active late foreign exchange. News Opec has all but clinched an agreement on oil price differentials including cuts of SO cents a barrel by Kuwait and Saudi Arabia on their medium and heavy crudes weighed on146 words
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Article228 1981-12-12 2 SINGAPORE gold futures yesterday closed slightly lower than Thursday's close after fluctuating narrowly in quiet trading. The market was again featureless despite news Opec members reached the final stages of an agreement on oil price differentials. Total sales for the day was recorded at 36 lots while kerb volume228 words
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Article125 1981-12-12 2 THE US dollar for overnight delivery in Tokyo yesterday closed firmer at 218.60 yen after a 218.40 opening. This was also firmer than its 218.05/9) finish both in New York and on the US West Coast overnight and the 218.30 close in Tokyo on Thursday. Trading was light with125 words
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Article78 1981-12-12 2 STERLING remained weak in London yesterday at a very quiet start to trading while the dollar continued to display its firm tone. The UK currency was still surrounded by worries of volatile industrial relations in London this winter, and selling orders were noted against against all major currencies. Opening78 words
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Page 2 Advertisements
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Advertisement150 1981-12-12 2 W Malaysian Tobacco Company Bhd. ANNOUNCEMENT The Directors announce the audited results for the year ended 30th September 1981 as folfows:Turnover Profit before tax Profit after tax Transfer to Revenue Reserves Interim Dividend paid 17 cents per share (1980 12 cents per share) less income tax The Directors recommend for150 words
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Advertisement36 1981-12-12 2 Come to the /WflllMM* 'ft J December 25-29 World Trade Centre, Exhibition HaU I (Ist Floor) 10am-Bpm An exposition and sale of new lines of quality classical furniture of American and European designs, at never-to-be-repeated prices.36 words
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TRADE AND INDUSTRY
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420 1981-12-12 3 LIM SOON NEO - By LIM SOON NEO BARELY five months after starting operations in Singapore, Apple Computer International Ltd is already producing 75 per cent of the worldwide schedule of printed circuit boards for Apple n computers. This feat is accomplished by only 72 employees in420 words
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Article, Illustration268 1981-12-12 3 SINGAPORE is another step nearer to being the region's printing centre with the Times Publishing Group shifting to its new premises in Jurong. Yesterday, Times Printers, the Group's subsidiary, installed equipment worth almost $7 million at its new 11-hectare site in Jurong. The equipment will have capabilities268 words
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Article142 1981-12-12 3 CHUBB Singapore Pte Ltd will soon begin marketing an energy saving device it developed in Singapore, called Energy Guard, to hotels elsewhere in Asia. The device was developed in conjunction with the National Productivity Board and is now in use at many local hotels. It automatically turns142 words
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454 1981-12-12 3 TSANG SAU YIN - By TSANG SAU YIN THE THIRD New Zealand Exporters Fair, to be held next April, will be geared primarily for countries around the Pacific rim. They include the West Coast of the United States, Japan, Hongkong, Singapore, Papua New Guinea, Australia and454 words
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138 1981-12-12 3 PHOTO '82, the second international photographic equipment exhibition, will be held in Singapore next November. Photographic equipment and accessories from manufacturers worldwide will be on display during the biennial event. Photo '82 will incorporate the 33rd international Photographic Salon, a display of138 words
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234 1981-12-12 3 THE lastttatlea af Pradaettoa Eagiaeera ahaald strive to beeame aa "lastitotr af maaafaetariag," havlag aader its amkrella all sther laetttattoas ceaceraed witfc the maaafaetariag aad ladastrial aeeter. It aheaU be able to provide gaad servtee to all ttoa Mt aaly «a day today pradatU—234 words
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341 1981-12-12 3 BERNADETTE CHOOI - By BERNADETTE CHOOI NORMALAIR-GARRETT Ltd (NGL), the region's only high technology foundry that makes castings for industrial and aerospace applications, will now expand into the manufacture of more advanced castings. This phase two expansion, costing H million, will make the company the only manufacturer341 words
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Article319 1981-12-12 3 SEMINARS AND COURSES Dec 28-Jan 20: Financial Planning for Marketing activities, Cuppage Centre, NPB Jan 5-7: Leadership Styles, High Performance, Team Building and Effective Communication, Oberoi Imperial Hotel, American Institute of Management/Sterling Cftmmimtr^tions Jan 5,7,9: The Secretary in Management Today, SIM Conference Room, SIM Jan 11-12: How To319 words
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Page 3 Advertisements
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Advertisement233 1981-12-12 3 SIMBL CORPORATE FINANCE EXECUTIVE Singapore International Merchant Bankers Limited, one of the leading merchant banks in Singapore, is seeking an additional Corporate Finance Executive. We are looking for a qualified accountant with a good degree or business diploma, who has at least two years post-qualification experience, or an exceptional nonaccountant233 words
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Advertisement119 1981-12-12 3 II i* j >i' 11 11 .f J > t LANO 1 [/)< SCOTCH WHISKY -mmlyi White Hnrsp Distillers Ltd i r It could be from your first drop, if you really know what to look for in the very best whisky Our blenders have mastered their art over the119 words
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OVERSEAS
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739 1981-12-12 4 NYT, Reuter PRESIDENT Reagan has appealed to Americans to leave Libya immediately and invalidated US passports for travel to that country. But he stopped short of embargoing Libyan oil or seeking additional sanctions against Tripoli. A senior administration official said onNYT,; Reuter - 739 words
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Article284 1981-12-12 4 Reuter OPEC has all but clinched an agreement on oil price differentials that price cuts of 50 US cents a barrel by Kuwait and by Saudi Arabia on its medium heavy gnule crudes. Well-placed delegation sources said the basis of an agreement had been reached byReuter - 284 words
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163 1981-12-12 4 Reuter AFP THE fttipiaa fisMMsllj (EEC) has saEfmtSmFNr^pawwl Is ear* a sarge la textile hapsr* frem the Third WesMweaM ast be ased te Mr Ihnt SUMmm? nSIMOATT) pa «dM|^Mlj«^s. ST* sjpseatß "ms' 'Sd-eaqie ■MhHha, Mr Ereasler operate ts redaee existing trade," he IsMReuter; AFP - 163 words
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Article463 1981-12-12 4 Agencies AMERICAN deputy trade repreeetative David MacDonald hat warned that Japan must act quickly in opening its market to US exports to avert a political backlash from the US. He issued the warning on Thursday after Japan and the US wound up two-day negotiationsAgencies - 463 words
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433 1981-12-12 4 Reuter MOBIL Corp, fighting to remain is the hirtrting for Marathon Oil Co'a rich American oil reserves, could face new antitrust hurdles over its plan to buy a stake in US Steel Corp. The oil company*» move is viewed as an admission that ttReuter - 433 words
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242 1981-12-12 4 Reuter THE United States mid on Thursday it would oppose farther disbursements to India by the International Monetary Fund (IMF) if the country did not make a concerted effort to press forward economic reform. The US recently took the iiimni step of abstainingReuter - 242 words
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177 1981-12-12 4 UPI THE US postal service has unveiled details of a new computerised mail service it plans to begin early next month for large-volume mailers of computer-gener-sted mtsMgei. With E-Oom (electronic computer-generated mail), any hufinest thst can produce mwsgf via computer will send their materialUPI - 177 words
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162 1981-12-12 4 AP US LABOUR Secretary Raymond Donovan is being investigated by the Federal Bureau of Investigation for his conduct when be was a New Jersey construction executive before his appointment by President Ronald Reagan. A White House spokesman said Mr Reagan had been informed by AttorneyAP - 162 words
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441 1981-12-12 4 AFP THE International Energy Agency (lEA) has warned industrial countries against any slackening of their efforts to reduce dependence on oil, despite the prospect of easy supplies again in 1982. In a move to prevent oil stocks fromAFP - 441 words
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Article158 1981-12-12 4 AP THE International Bureau of Expositions (IBE) will decide on June M whether Chicago or Paris will hold the next official World's Fair. The decision could mean billions of dollars fh revenues and tens of thoussnrts of )obs to the winner. Under an IBE rale, no officialAP - 158 words
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Article695 1981-12-12 4 ARRIVALS Service Local Operator Nmaker Use Proa PAA PA0Q5 CAL CBS Cargoha CV7K MAS MHttl SIA SQ101 MAS MH8U MAS MH671 MAS MHOO SLA SQ201 MAS MHB1 CAL CK14 CPA CX710 GU GAM SU SQUB GU GAM THAI TG4B3 PAL PRS01 SU SQ1S1 MAS MHR1 MAS MM82695 words
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417 1981-12-12 5 Reuter THE FRENCH economy, revived by the expansionist policies of the new Socialist government, has started a period of rapid recovery, the National Statistics Institute (Insee) said. The institute, which provides the government's statistical information, reached the conclusion in a report forecasting some economic indicatorsReuter - 417 words
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Article146 1981-12-12 5 UPI THE US Commerce Department has reported that new business tax incentives have so far (ailed to inspire new capital spending plans, with a decline of 0.8 per cent expected for the current quarter, after adjusting for inflation. In its quarterly report on business spending released onUPI - 146 words
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WORLD IN BRIEF
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Article420 1981-12-12 5 Agencies THE Nihon Keizai Shimbun, a top Japanese finanHal daily, will institute a new index covering 500 issues listed on the first section of the Tokyo Stock Exchange Market next month. The new index adds to the existing index that covers 225 issues out of 962Agencies - 420 words
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Article, Illustration413 1981-12-12 5 EXPECTED ARRIVALS TODAY KEPPEL WHARVES Bunga Raya (1830 shifts (UTM/L Must vacate 13th/ 0600) 31/32 Felix Dzerjinskiy (Passenger) (2100 after Confidence 45 Jenson n (after Equator m) 22 Kamakura (1800 after Niaga XXI k Cherry Jaya) 26/27 Labuan Hadji (1930 after Cherry Singa) 28 Profesor Szafer (1500413 words
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208 1981-12-12 5 UPI THE Japanese government said yesterday that the country's recovery from its prolonged economic slump has been very slow, virtually admitting that the economic situation in Japan is not favourable. For the six months since June, the Ecooomic Planning Agency (EPA) has maintainedUPI - 208 words
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161 1981-12-12 5 Reuter SENIOR Asean government officials yesterday pledged U*****,000 for seven projects to fight pollution in the East Asian seas. They said that the projects, to be implemented in 1962 and 1983, would deal with oceanography, controlling oil and waste pollution, protecting mangrovesReuter - 161 words
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172 1981-12-12 5 AFP RUMOURS are circulating outside Indonesia that its currency will be devaluated from 625 to 1000 rupiah per US$l, and US currency has been pouring from Indonesia into Singapore recently. Jakarta's daily Merdek* (nationalist) reported that businessmen seem to transact with cash and avoid long termsAFP - 172 words
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327 1981-12-12 5 Reuter NORWAY will overtake Switzerland by the end of the decade with the world's highest standard of living, the European Centre for Applied Economic Research forecast in its annus! report cm Thursday. The report said #apta would also be pushing pteadReuter - 327 words
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282 1981-12-12 5 Reuter INDONESIA will change its I impart/export regulations from Jan 1 so that winners of large government contracts will have to guarantee overseas buyers for Indonesian products. Trade Minister Radius Prawiro said. He said: "Foreign companies awarded contracts for constructionReuter - 282 words
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440 1981-12-12 5 FOREX RESERVES STRAINED Reuter INDIA says its crude oil output will rise substantially next year resulting in cuts in energy imports now eating away almost 75 per cent of the country's export earnings. Petroleum Secretary Lov Raj Kumar said: "We plan to tn™—?Reuter - 440 words
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Article462 1981-12-12 5 AP SOUTH KOREAN Finance Minister Lee Seung-Yun said it is time to minimise government intervention in the economy, and from now on, it will be increasingly in private hands. He noted yesterday that in the span of four fiveyear economic development plans, going back to 1962.AP - 462 words
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Page 4 Advertisements
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Advertisement99 1981-12-12 4 -*(?:>;]$%<+"[*=)'{^$=:]*<(`^%+ And so it is with the intellectual growth of your child. The school textbooks are like plain rice. Your child needs more than that to widen his knowledge. TIME-LIFE has a series of books on various topics suitable to meet his needs. Very readable and lavishly illustrated with colour99 words
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Page 5 Advertisements
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Advertisement154 1981-12-12 5 s j| The Times Calendar '82 is exquisitely reproduced from eminent Chinese painter, Lu Feng's Plum Blossoms. A favourite subject among Chinese painters, Plum Blossoms epitomize people who display fortitude and resourcefulness under the most trying conditions. Lu Feng (also knows as Tang Xiaofeng) is noted for this bold, unconstrained154 words
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Article373 1981-12-12 6 THE DISPUTE between the United States and Libya can explode any moment. President Reagan's decision to ask all Americans working in Libya to leave the country immediately marks another step in the deterioration of relations between the two countries. Unless the madman Gaddafi can be tamed373 words
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Article298 1981-12-12 6 THE GERMAN civil aviation authorities have promised that they will take the necessary measures to clean up the grey market in West Germany. Precisely what forms these measures will take, or how severe they will be, is not known. Neither did they make any formal'298 words
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Article, Illustration1233 1981-12-12 6 B L HUA - By B L HUA IT'S NOT EASY to build an art collection these days. There are so many different kinds of art to learn about and keep track of, and so many place* around the world where (lne art to sold, that building a collection takes work.1,233 words
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Article832 1981-12-12 6 TOM WICKER - FORUM with TOM WICKER NYT AFTER a year's trial, Reaganomics proves only one thing you can't do it with mirrors. You can't cut taxes, increase military spending, balance the budget and curb inflation, all at once and without economic pain which was basically the promise that elected PresidentNYT - 832 words
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599 1981-12-12 6 RONALD CLARKE - By RONALD CLARKE Reuter THIEVES skirted television monitors, electronic alarms and round-the-clock guards to enter a wire mesh cage to steal one at the most highly-prised hauls for years. Their target was not rare Jewels or paintings, but 480,000 small computer chips, the electronic brainReuter - 599 words
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Page 6 Miscellaneous
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Miscellaneous673 1981-12-12 6 1 H-OIE CROSSWORD CRYPTIC PUZZLE ACROSS 4 It's movingly artistic, hang it! (6) 7 Wedding cuttings from the paper (8) t Like the salmon that reekad? 10 Also known aa All, possibly? (5) 13 Smell of three kinds (4) 14 Where to land right next to a bird (4) 15673 words
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Miscellaneous525 1981-12-12 6 TOBaRTOP McEnroe in action again TOMB toas wfl to alb to lUrihlp, fk< X ill 'nf tftr m ike papslar iill WlaMadaa Tea all Am Last to An* ClMilMilrtpi DmMm (Ctoto f tM/m) to PtaaL Vattk sal tor M 1 tar* L«*a«re O'Malley I rr SINGAPORE 5 1.00 PM Opening525 words
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Article, Illustration1909 1981-12-12 7 HUA BAO LI - pn HOTEL INDUSTRY. The drive by the Government to transform the economy into a high-skill and high valueadded one has hit the labour-intensive hotel industry particularly hard. In response, hotel managers have mounted a three-pronged assault on rising costs. They are trying to improve productivity1,909 words
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571 1981-12-12 7 ROBERT LINDSEY - By ROBERT LINDSEY NYT MOST evenings, hundreds of men and women flock to the Holiday Health Spa on Olympic Boulevard, ostensibly to play racquetball, swim or lift weights. But for many of the participants, including those who crowd the club's frothing L-shaped, coeducationalNYT - 571 words
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Page 7 Advertisements
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Advertisement13 1981-12-12 7 The Times Diary set. Handsome, useful and thoroughly good value at just $40*13 words
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INTERNATIONAL STOCKS
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EUROPEAN MARKETS
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Article248 1981-12-12 8 Dec to Ft* CORBEILLE Alr-U«uld« B B N Oerrai* Cle itmiaeaimi I I 1 i g S -OJ +s -9 Om Pttrom llXM >l OomptfnM nnackn Oompagnia Qtiwfih Credit Foncler D» France sn.n sim ♦11 -1 Haehette lOdMUn (B) Paribaa PKhlMj Clglne Kuhlmann Peacaot Philip* (Nt Oem B*xlt) SB248 words
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Article58 1981-12-12 8 FORWARD Mi Acac KR SET Ep 3 uncfi 30 -a SBsd B «o -I n B -a ♦a gj i UDCh a 30 ♦100 Sac Ovn Bel® M MM) «0 30 an V WK 6 U Mln KM V Mont IB -ft 1 :ash market Amu MOO 100 Ford58 words
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Article191 1981-12-12 8 D*C 1« On Aaf-Ttiefunlen «70 -lj Atao M 4(1 Alls Vert BASF *43M 1MB ♦IV ♦til A i KIM Btj Vtanl DUO HRT 1)7 00 108 00 -u BMW Oaaaaiia Chaaa Varw Corn mmkut Co«lO Oubbi Daimler Bena Dmuim 1*700 MUO UA00 117 JO OB MUO MUO -It u191 words
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Article144 1981-12-12 8 WTC 10 Prmncs UUOOI *****1 Aliiin—» Br. AlUMtaM hi. fcwu Bo ml Br. SI IN i I JO Cite 0«lf7 Br ISO M r C Cfbm Octcy RM wn lw 5 mm ■a m -M liJl'i-. .I'l M M o«*H rirttf Br Olobu* Pc Hmd Br KT5B HofTnttfl La144 words
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Article146 1981-12-12 8 ABN Abotd Akao amkv Amtma Amroonk sztr Bote BofwnlJ Burttaunn Caltlld MLM -1 •Mi -14 tXM +M HJD -14 WJ» -03 SIM HI am Ml -M nm *1 TIM -U M.« -dl Cklvt Delft USJO 1.1 OcU MtJ f>4i -j Knnt* liut 4i Pokkar su> .1 VM Otut ♦M146 words
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Article67 1981-12-12 8 n»t rM Otncrtll isa IMM -41 oim in Ptf ln*«at lnltmwu Ort Ilaimi U(*W Ort SDK Ml ■o moo IS -1* -M -M -wo MMKtanct MUano Am Ort Mondadon rm Monudtoon DM MOD m •mo -9M -100 Otiwui Ort PWU And C no -SO mr»m s«* 1MB Raa fUnaacanu67 words
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Article117 1981-12-12 8 pm PrJ rfefl M tent Moat Ban* Nova Moua teU Tkl to ItH H B»th Corp BP CM tia to J5* UK 0an Imp Bk 30* H Cannae ttfc k^x'!*■ TI7»"« iinch CarUn« OVmIi Ooalnco St 1H Conj Bath Com Martwaor Omstkot U* H *8 Dcntaon Doai Mem SH117 words
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Article226 1981-12-12 8 DEC M Rand INDUSTRIALS Abmoa AX AM A MIC Buton ajrCum* pi D» BMTI Bdcon Edfin K*VTMd» PM Vol* rucu Otrtlu OKnanl Onitmn Hippo Hlvctd HulCtU Libert/ Umrho lta M And II Mctwuir M«tboi on. Ot By OMM CI ninct Ind M MM M19 MM -4 UOOB uncb unci!226 words
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Page 8 Advertisements
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Advertisement223 1981-12-12 8 me American express card serves you well, wherever good food is served". i s Snacks for. your island treks l AKEi "f Ar- 4i rTake 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. Saturday,223 words
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Advertisement90 1981-12-12 8 J* tlUw JAPANESE RESTAURANT for sushi. For teppanyaki. For other authentically Japanese delights. ()>->*■. ,i. f >r rcscrratAi.s j," 7'M M->77 I *31 rlx X'■*; H« >i i li| »< »■*< 1 J WCS r NUTMEGS v > Hyatt Regencyo9ngaporf Corrle Mo<je» Agency Drtno«o»oy m TUESDAY FASHION IXCLUSIVtS Showtime: 190 words
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Advertisement166 1981-12-12 8 `:\&-"[<\)_=$|~;>%+/;>;"]=;^\>/ MM >( 1 K I s R Before v: hi tie au ,iv r> l toreiizn land-, >. hev k-m v« >ur Iml'- then out the Five .< uitinent- Restaurant. Relax m intimate Hirroundinuand wine an J dine on the nu m Hiperh inu rnationa! cuisine vou\ <.• ever166 words
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Advertisement168 1981-12-12 8 When you dine, dine Cantonese. 9 If pleasing your palate is achieved ohly by"eating the best, then dine Cantonese at The Inn of Happiness for the best Cantonese cuisine outside Canton. And a standard of service that's exquisitely Hilton. So come. The stage is set for an evening to remember.168 words
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Advertisement158 1981-12-12 8 as good as going to Bangkok. rf r n( y This is Thai Seafood »I its authentic best So fresh, it could have been alive 15 minutes before coming to your table It was An enormous variety of succulent seafoods expertly prepared by Thai chefs in our kitchen Siamese Seafood158 words
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RAW MATERIALS
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Article175 1981-12-12 9 CHINESE Pnfcet Exekuge, Sipfcptfß, Mil ciwin prices per 1M kg yesterday. CtMMt aS: Bulk fob $108.00 sellers, old drum (in second hand drum) fob $122.00 sellers, new drum fob $128.00 sellers. Cap*»: Mixed (loose) $59.50 buyers. Pepper: Muntok white pepper fob Asta NLW $370.00 sellers, Sarawak white pepper175 words
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Article195 1981-12-12 9 YARN and cotton prices were quoted as follows in Hongkong yesterday. (In HK dollars, spot ex-go-down) Cattaa yam: China Blue Phoenix 20s 2,530 32s 3,160, 40s 3,330 (per bale of 406 lbs). Ptoee gaads: China Butterfly and Globe brand unq; Dragon Head unq; Five Lambs unq; Flower and Butterfly195 words
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Article315 1981-12-12 9 SINGAPOBE: Yesterday's closing prices in S$ per kilo, ex-godown: THAI WHITE: 100 per cent first class (Kangaroo) new crop 1.30, 100 per cent second class 1.08, 100 per cent third class 1.05, 25 per cent new crop no stock, B-10 per cent no stock. THAI BROKEN: A-super 0.73, Special315 words
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Article685 1981-12-12 9 DEC M ua» ACT Induatrlaa Afiiir—mmjn ti™ <«• a M unch Z BN m ft H a* aoch 17* -H a* 1 V' ia* 1 V" n Am Can Co Am Cranamld Am Bk Ptrr 36* SSH it* MM ■f Am Fifi Am Hoot Prod Am Motors685 words
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Article71 1981-12-12 9 THE STRAITS tin price in PMUig yesterday fell twe cents to M$S5 .34 a klle, to meve dewn within the ITC npper raage of $34.16 to $37.89. Despite slightly higher overnight Leaden advices, the market fell ea eaattoas scattered light baying. Hewever, Influential hnyers were anted supporting at71 words
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Article34 1981-12-12 9 Rubber: Dec 10 Singapore: Dec: 185.00 cents (up 1.00 cent) Malaysia: Jan: 204.50 cents (up 1.50 centa) Tin: M 535.34 per kilo (down 2 centa) Official offering: 176 tonnea (down 35 tonnes)34 words
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Article86 1981-12-12 9 THE Malaysian Minister of Finance has fixed these rates (or the period from Dec 10 until further notice: Babber: 219 cents a kilo for RSS One; Cepra: M 5595.00 a tonne; Palm kerael: $965.75 a tonne; Wktte pepper: $3,237.67 a tonne; Black pepper: $2,178.00 a tonne; The rates86 words
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Article46 1981-12-12 9 AFP THE Soviet Union has agreed to buy 100,000 tons of coconut oil worth US$56 million from the Philippines starting this month. The Philippines has an annual coconut oil production of 1.1 million tons. The country's major markets are the US and the EEC.AFP - 46 words
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Article290 1981-12-12 9 RUBBER prices in Singapore yesterday closed slightly higher with January One RSS buyers quoted at 185.00 cent per kilo, up one cent from Thursday's close. Morning prices were marked up slightly on some weekend covering interest coupled with higher London market advices. The afternoon session was about unchanged but290 words
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Article323 1981-12-12 9 RA8 prices In cents per kilo yesterday Nona (per kilo) Buyer* Sellers lat. 1 R.S S prompt fob 179.00 10OON lat. 1 R.S.S. January 185 00 10 50 •Int. 1 R.S.S February 190.00 191.00 Int. 2 R.S.S. 10.50 171J0N UK/Coot 10.50 179JON Int. 3 R.S.S 10.50 1(7 JON323 words
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Article99 1981-12-12 9 NOON 881 ft mi 8MR prim yaau US <uury I Carnal Mtk) r»ara«rr For* *rd MLk S8R (1-taa paOstl 162 JC 104 AON Bayars 1MJ0 ***** 1MJ0N 38R60 (1-taa paOall 1MH 100.60N lOJON MRKLB Jmmamry Pat knvr SMR CV |1*M« 1MJ0 1SB60N 1MJ0 300 JON SMRL (1-laapalrt)99 words
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Article831 1981-12-12 9 COFFEE: Robusta coffee futures were steadily held in a £5 trading range yesterday morning during a very quiet session Prices closed £1 up to £2 down in traded volume of 374 lots. There were 52 lots crossed and five options. Dealers said light support was seen on sterling's831 words
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Article123 1981-12-12 9 THE Kuala Lumpur palm oil market yesterday continued to rule slightly higher on light covering in quiet trading. In December, north was traded Ms 2 higher at $877 a tonne and in January, south was unchanged at $872.50. The refined market saw interest in RBD palm oil with123 words
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Article291 1981-12-12 9 EASIER conditions persisted as current One RSS January tumbled 11 Vt cents, while forwards fell 12V% cents, with sentiment and overall prices at a low, Badday, Catler, Bath and Campaay says in its rubber review of the week ended Dec 10. With buyers other than Inro291 words
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Article99 1981-12-12 9 SOYBEAN futures in Chicago on Thursday '■'«H fivt US cents a bushel lower in nearby January, to off as much as 18 cents in deferred». Soybean product futures closed lower, as negatively interpreted economic factors and a technical picture continued to prompt long liquidation and speculative selling. Soyoil finished99 words
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Article128 1981-12-12 9 WHEAT futures in Chicago on Thursday recovered late on a flurry of commercial buying. Prices cloaed one US cent a bushel lower to one higher, with the fln«i two trades in March panning four cents. Earlier, negative technical factors triggered chart selling snd dropped prices to new contract lows.128 words
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689 1981-12-12 9 NYT AN American commodities trading firm built its LSJ3OO.OOO trading account into a |12 million stake «nrf then lost half the money all in 30 months. The experience of NCZ Commodities Inc, a subsidiary of Niederhoffer, Cross and Zeckhauser, offers an insight into the risksNYT - 689 words
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Page 9 Advertisements
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Advertisement388 1981-12-12 9 Asia, at your finger tips... Other than speed reading, there is another way you can know a great deal more in much less time. The ASIA RESEARCH BULLETIN is a monthly information-packed report backed by in-depth and extensive research and ten years of editorial expertise. We have extracted and accumulated388 words
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1531 1981-12-12 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 ONI INDUSTRIAL COMMERCIAL if 00 <*>1,531 words
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Article191 1981-12-12 10 ■NOAFOU UMTISUH diamond man rSTOBJ E The Commerce iter D* 33 lM) J M (Mmmtrnf prteae Mr Dae It A M) I)i* mood The Savings Fund in 2 01 S'pore Fd (US») oao 0 85 S'por* Prof Fund 1.41 1J0 SI 1 74 S pore Sec Fund S191 words
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Article2881 1981-12-12 10 1M1 High Low Conpuy Last Sale orGr*» Div Div Cvr Gr's Net YTd P/E Vol Day COOO) High Low 8ECTION ONE INDUSTRIAL COMMERCIAL 4M MS Aetna 1U 11S Alcom 360 130 Allied Choc 312 ISO B A T 420 90S Bata 100 IS Ben 470 300 Berjaya2,881 words
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Article1804 1981-12-12 10 5 BID and offer prices officially 3 listed and business in and reI ported to the Kuala Lumpur Stock Exchange yesterday, I with the number of shares I traded shovpi in brackets in -J lots of 1,000 units, unless otherwise specified onimiuu aim (1-MB) (4) LM (I)1,804 words
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Article591 1981-12-12 10 UNCOTAINTy treat late tke rtiek market tgali yeei torday ss *an prices taraSsme saalyste have beea «ketr etteats te take preflts Mag the last lew have Opealsg prices were nixed with several eeaaters trade* lever thaa everalght levels. There did aet appear to be aay591 words
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Article617 1981-12-12 10 SHARE prices finished the week lower on the Kuala Lumpur Stock Exchange as Interest tailed off during the afternoon trading session. In tandem with the easier trading conditions, total turnover was also considerably reduced. The market opened on a mixed note and, although early support was617 words
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COMPANY NEWS
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729 1981-12-12 11 SUSAN THAM - By SUSAN THAM UNITED Engineers (M) may soon be moving into the assembly of International Harvester's tractors in Malaysia. According to chairman Tunku Tan Sri Mohamed bin Tunku 4 Besar Burhanuddin in his latest annual review, US-based International Harvester has decided to build729 words
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Article170 1981-12-12 11 SUPREME Csrpsrattsa BerM: 53rd AGM to be held at 20th Hoot, Wisma Supreme, Jalan Punchak, Kuala Lumpur oo Dec 15 at 11.30 am. SUPREME Plaatattea Mnhki Berhad: Fifteenth AGM to be held at 20th Floor, Wisma Supreme, jalan Punchak, Kuala Lumpur on Dec 15 at 10.30 am. MALAYA170 words
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527 1981-12-12 11 KUALA Sidim Rubber Company is confident its results (or the current year will be "roughly the same" as the financial year Just past despite the present depressed conditions it faces. In the group's latest annual report for the year ended June 30, 1981, chairman527 words
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Article435 1981-12-12 11 THE KLSE has asked Uatted Meter Werfcs (M) HeMtags BM for more details regarding its subsidiary Sejati Motor's agreement to purchase from Inchcape Bhd all of the issued and paid-up share capital of Borneo Motors (Malaysia) Sdn Bhd, NBT (Sarawak) Sdn Bhd, Assembly Services Sdn Bhd and Automotive435 words
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876 1981-12-12 11 Market Talk... J A LONDON braking firm, Laumce, Prvst Mod Co, expects Strata Ttmtm Prtm (191$) to increase its pre-tax profits next year to $23.0 million from $19.0 million 'or the year ended Aug 31, 1981. It also projects the company's net earnings to876 words
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Article521 1981-12-12 11 TAIPING Textiles is p r "p nd *'ff to subdivide each of its existing ordinary shares of MH each into two new shares of fifty cents each. The subdivision, announced in Talning's latest circular to shareholders which also included a profit forecast of $6.59 million for the521 words
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ASIAN STOCKS
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Article328 1981-12-12 11 SHARE prices in Tokyo yesterday closed mixed but easier on balance in featureless trading and the official discount rate cut, announced on Thursday but effective yesterday had little impact. The market average lost 16,03 points to end at 7,730.88 on a light volume of 300 million shares.328 words
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Article89 1981-12-12 11 STOCK prices in Bangkok yesterday closed lower in the absence of buying support in inactive trading. Turnover dropped to some 12 million baht from the previous 20 million baht. DSC 11 Bal>» A«a nta« HinitH Bank M -I ■uTot Ayudhajra Ltd rtetar M uneh Cbaroooc Thai WtN SM -J89 words
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Article50 1981-12-12 11 FINANCIAL TIMB8 INDUSTRIALS Thursday 525.5 Wednesday 530.2 Week Ago 519.8 DOW JONES AVERAGE INDUSTRIALS Thursday 882.03 Wednesday m Week Ago 883.85 H.K.HANG SENG Friday 1413.18 Thursday 1412.88 Week Ago 1408.82 AUSTRALIAN INDUSTRIALS rrlday 745.5 Thursday 740.8 Week Ago 740.5 ALL ORDINARIES Friday «04.7 Thursday 9003 Week Ago aoi.550 words
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Article200 1981-12-12 11 HONGKONG STOCKS IN Hongkong yesterday closed off their highs as general selling emerged in the afternoon. The market firmed initially in sympathy with the performance of Wall Street, but then eased on the weakness of the Hongkong dollar and as expectations of a further cut in local200 words
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Article316 1981-12-12 11 BUYER demand for Cooper and Amadeus Basin oil explorers in central and northern Australia pushed the Sydney market higher yesterday. Rising prices for a range of oO issues compensated for thin trading in most major industrial and mineral stocks. A large proportion of these stocks traded316 words
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Page 11 Advertisements
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Advertisement199 1981-12-12 11 Worldwide management experience at your fingertips. "-J *'V, A 1 JJ5?!'"" m> WORLD EXECUTIVE S DIGEST is a compact magazine that offers highly readable condensations of the worlds most outstanding management articles and books. Materials are carefully selected for their timely interest or their timeless significance. And always with practical199 words
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Chief Price Changes
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Article143 1981-12-12 12 Rises Indices Aabtmdor 810 M B F HMgs 765 Miaf Court 900 Grand Ceatral 570 Kali* M*ia 243 Nat Iroa 585 TDM 255 F E Uviifitoa 625 R L Iaduatriea 478 Guthrie 496 Isetao 480 Falls Taaek Cement 610 Malayawata 280 H Leonf Fia 795 P M Hldgt 450143 words
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Article, Illustration152 1981-12-12 12 Rises Indices Kg Lanjut Tronoh 610 1230 130 +80 BT Index: Dec 10 Dec 11 Kramat 510 60 *****1 *****0 MBT Hldgs 840 60 Industrials: 943.46 938.39 F E L'ston 670 50 Finance: 1559 40 1571.44 Ayer Hitam 1200 +50 Hotels: 587.26 586.67 M A A 540 46152 words
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Article352 1981-12-12 12 CwnpujT J Cement Chin Teck Int Wood K Kampar H Leong Credit Selangor Dredg K L Kepong Berjaya Kawat Utd Malacca H Royal Periad I F I I F I F I I F Date Announced last year 20/11 22/11 26/11 3/12 10/12 10/12 11/12 15/12 15/12 18/12352 words
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Article753 1981-12-12 12 LONDON, FYi. Share prices opened slightly easier where changed today, dealers said. At noon, the Financial Tiroes index was down 3.5 points at 522.0. Gold shares were lower where changed. The following are Thursday's closing middle prices of selected stocks, excluding stamp duty: RUBBER PHYBICALS LONDON, Thurv The753 words
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387 1981-12-12 12 KOH TSE YING - ■■I Companies Editor: Mano Sabnani By KOH TSE YING MEMBERS of the investment community, and particularly certain minority shareholders of Leong Huat, are highly dissatisfied with the action the Securities Industry Council has taken against property developer Mr Ho Kok Cheong. The general opinion387 words
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Article480 1981-12-12 12 ASEAJtfBANKERS has advised minority shareholders of Kempas (Malaya) Berhad to accept Sime Darby's offer for their shares at MJ7 each. In an explanatory statement attached to Kempas' circular to minority shareholders on Thursday, Aseambankers said the Sime Darby scheme was "fair and reasonable". The merchant bank, adviser480 words
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256 1981-12-12 12 MORE THAN M> prifdia 1 la Ike aceaaattag field > were yesterday UM they hadaparttaptay la the rrMimlc ti Sagapare. I Mr Lee Yaek Saaa, Mlml*ter ef State (Natleaal Devel•foemt), said the Gavera■Maf* pattefes to attract maltlwtl—hi aad greater ftre&ga dcpfflidw greatly paMfe256 words
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TAKING STOCK...
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Article, Illustration532 1981-12-12 12 by HOCK LOCK SIEW IT LOOKS like Santa Claus may come in the form of International Trust and Finance to the successful applicants of its public issue of 7.5 million shares. Before you decide that you have missed out on the bandwagon, there is still timeby HOCK LOCK SIEW - 532 words
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Article225 1981-12-12 12 MALAYSIAN Tobacco Company Bhd has chalked up impressive results for its financial year ended Sep 30 1981. The company more than matched last year's performance with a 28.3 per cent increase in its pre-tax profits to M 589.61 million from the previous $69.84 million. The increased profits225 words
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Page 12 Advertisements
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Advertisement178 1981-12-12 12 A unique international survey of modern photography from The Hamlyn Publishing Group world photography Twenty-five of the world's leading photographers have contributed to make World Photography an outstanding book. As well as portfolios of what they consider to be their greatest images, all the photographers have contributed descriptive and technical178 words
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Page 12 Miscellaneous
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Miscellaneous65 1981-12-12 12 OUTLOOK for Singapore today: Mostly fair but partly cloudy (morning); Showers in several areas likely (afternoon). Report for 24 hours prior to 7 .St pen on Dec II at the Airport: Maximum temperature 28.2 Associated humidity 76 Minimum temperature 24.1 Associated humidity 95 Hours of sunshine 1.60 Rainfall in millimetres65 words
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LEISURE TIMES
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308 1981-12-12 13 RICHARD SEAH - RICHARD SEAH BY Ml, sae sat of every 1« Americans will be sleeping sa a waterbed, aeeerdiag to is ratted •jrtfanrfstteexperto to «he da ■at mum to have caaght yet. Laeal fariltire maaafaetarer, Jaee, Made waterbed early this a bat Is fading It308 words
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282 1981-12-12 13 THE CATHAY Organisation claims that the most successful English language film of 1981 is The Gods Must Be Cnuy, II has Just finished its season after running for 122 days. Commenting on this run, Mr Tan Choo Beng, publicity manager of282 words
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Article127 1981-12-12 13 IHE METROPOLITAN Miaeu *f Art hai acq aired a gift sf M omjer warka «f early CMmm patetfag aai calligraphy. It to tran a caUeettoa raprM m the werli's greatest eweertnttwi «I sack art tai private bail Ceaservativety estimated to be werth US$lB ■ill— i the premised127 words
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Article, Illustration1162 1981-12-12 13 Turandot, set in legendary China, was Puccini's last operatic gift to the world. In fact, he never lived to complete it. MIGNON discusses the qualities that has made the opera a favourite with many music-lovers. IT WAS an emotional evening at Milan's famous Teatro alia Scala. The date1,162 words
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Article, Illustration709 1981-12-12 13 ■OTOBIIS with Hermes IT'S that time of the year again when everybody is in the buying mood and car distributors have brought in a number of new models to entice these buyers. Tan Chong, for example, introduced the Stanza; Kah Motors, the new Honda Accord; Performance Motors,with Hermes - 709 words
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Article, Illustration936 1981-12-12 14 CHARMAINE CHAN - Junior Amateur title goes to last minute entry Favourites Vincent Lee and Nicholas Leong were unplaced in the Singapore Junior Amateur Golf Tournament played at the Sentosa Golf Club last week. Instead, Poh Ee Kiat took the title, and Tan Chuan Thye was runner-up. Curiously enough, both936 words
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Article400 1981-12-12 14 AFP THE Philippines yesterday took a comfortable 27 strokes lead into the final round of the four-day Putra Cup Golf Championships at the Nichols Air Base Golf Course in Manila. x The Philippines, the favourite, carded its best score so far with a scoreAFP - 400 words
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Article, Illustration991 1981-12-12 14 SINGAPOREANS will have a preview of the world's squash champions of the not-too-distant fu- ture during the second Milo-Ascot World Junior r Team Squash Championf ships (Feb 6 to 14,1982). I The last time the cream of the'squash world competed in the Republic991 words
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Article392 1981-12-12 14 TODAY: GOLF: Seotosa: The final monthly medals competition for the year at this club will be for stahlefard points. It will be held in the afternoon. duLogt: The ladies will be competing in a monthly «nixfai competition for the morning. Keppel: The Keppel 'A' and 'B' monthly392 words
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159 1981-12-12 14 Reuter NASSAU (Bahama), PH. Ms he man I All may have hesa The Greatest* Mm Us esnehaek fight discovering he as laager possesses the ptlllag power he «ee had. AS takes sa J Mefc la a beat (tsnsnvw he' shat at MikeReuter - 159 words
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Article, Illustration1114 1981-12-12 14 RONALD KOW - Iwm® By RONALD KOW WITH attention now focused on the Southeast Asia (SEA) Games in Manila, we may have temporarily forgotten that there are not going to be any Malaysia Cup soccer matches for Singapore next year. Yet, it is only a few weeks1,114 words
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Page 13 Advertisements
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Advertisement10 1981-12-12 13 'BUSINESS TIMES' When we say business we mean just that10 words
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Advertisement8 1981-12-12 13 British Goth insist I*) tlie Ixst VS 'A8 words
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Page 13 Miscellaneous
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Miscellaneous582 1981-12-12 13 rr L WHAT WHERE J CONCERTS A recital by wprm Qaek 8— Hiaag ui ptaaiat LMt Brace is on tomorrow at the Victoria Concert Hall. The concert begins at spm. ANOTHER recital is scheduled for Thursday, this Him by vMUrt Pavel Praatl of the SSO. Also at Victoria Concert Hall,582 words
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