The Business Times, 2 January 1982
1982-01-02
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The Business Times
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Title Section10 1982-01-02 1 BUSINESS TIMES M.C.(P) No. 93/1/82 SATURDAY, JANUARY 1,1182 60 CENTS10 words
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306 1982-01-02 1 LEE YOKE MENG - By LEE YOKE MENG ANOTHER 14 financial institutions have signed up as members of the three-month-old Leasing Association of Singapore (LAS). This brings the total member strength of the association to 24, inclusive of the 10 founding members headed by Hong Leong Finance and306 words
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Article105 1982-01-02 1 SHIPPING TIMES, which appears five days a week with Badness Times, will be increased Is It pages as tram Msaday. Hie popularity ef the shipping section with advertisers has seen it grew from fear pages in fear years. Readers will new find a broader coverage of shipping news105 words
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499 1982-01-02 1 WANG LOOK KEAH - By WANG LOOK KEAH AIR FREIGHT business in Singapore has been badly hit by the world recession. An upturn is not expected in the first half of this year.Airlines and freight forwarders are only hopeful of a very slight recovery in the latter half of499 words
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379 1982-01-02 1 THE SINGAPORE Convention Bureau expects a 15 to 20 per cent growth in convention visitors this year, with very little change in the number of meetings and exhibitions to be held. This is also likely to remain the trend in the following few years till 1985.379 words
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Article90 1982-01-02 1 THE SINGAPORE Manufacturers' Association (SMA) is sending a trade and study mission to the Pacific islands in midApril this year. Places to be visited by the mission include Papua New Guinea, Solomon Islands, Fiji and New Caledonia. For the first half of 1981, exports to Papua New90 words
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319 1982-01-02 1 AFP MORE than a month after he walked out of court in Hongkong a free man, Singapore financier Amos Dawe is trapped there in a Catch-22 situation. Geared in November of fraud charges over a multi-million dollar deal, the 46-year-old financier has petitionedAFP - 319 words
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BRIEFLY...
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Article62 1982-01-02 1 AFP TOKYO, Fri. Japan may look into the possibility of launching its own security satellite, a spy satellite to collect military information, this year. Sankei Shim bun daily reported today that Taro Nakayama, a senior member of the ruling Liberal Democratic Party, would visit the United States nextAFP - 62 words
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Article52 1982-01-02 1 AP WASHINGTON, Fri. President Reagan is expected to drop national security adviser Richard Allen, replace him with deputy secretary of state William Clark and give the )ob more clout. The Washington Post reported today that Mr Clark would become, in effect, the fourth member of the President's seniorAP - 52 words
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Article55 1982-01-02 1 AP ABIDJAN, Fri. Troops roamed the streets of the Ghanaian capital of Accra today, looting shop 6, after yesterday',s military coup which toppled President Hilla Limann Accra radio broadcast statements from the new provisional military council led by Flight-Lieu-tenant Jerry Rawlings calling on all soldiers to "report toAP - 55 words
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Article38 1982-01-02 1 Reuter SEOUL, Fri. South Korea will abolish its 36-year-old midnight to 4am curfew from next Tuesday. But partial curfew will remain in sensitive regions, including areas near the border with North Korea, a presidential spokesman said.Reuter - 38 words
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Article69 1982-01-02 1 Reuter NEW DELHI, Fri. A majority of Indians who responded to a public opinion poll want Prime Minister Indira Gandhi to accept Pakistan's offer of a no-war pact. The survey, conducted by the Indian Market Research Bureau, said the feeling in the country of a possibility of aReuter - 69 words
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Article68 1982-01-02 1 Reuter BEIJING, Fri. China today announced new regulations permitting Chinese to retain 10 per cent of overseas remittances worth over 3,000 yuan (US$l,7OO) in foreign currency, rather than having to convert the entire sum into renminbi. The New China News Agency said that as before, foreigners and residentsReuter - 68 words
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Article59 1982-01-02 1 Reuter WASHINGTON, Fri. The United States' new nuclear missile, the MX, will be immediately vulnerable to destruction in a Soviet first strike when it is deployed in 1966. Air force officials said, however, that uncertainty about the success of such a strike and about the US military responseReuter - 59 words
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Article56 1982-01-02 1 Reuter BEIJING, Fri. China's brain drain has reached disastrous proportions and too many Chinese are pro-foreign and leaking state secrets. The People's Daily today published a call by Wang Bingnan, chairman of the China's Association for Friendship with Foreign Countries, for a return to the work-style practised byReuter - 56 words
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304 1982-01-02 1 OWNERB at shsp salts •ecapylag secondary j#eatteas la mediae» itopplig centres nay Had that restate will eaattaae ta be la the deMrams this year. Rentals last year fell fey between f and If per eeat fram their peak la late304 words
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487 1982-01-02 1 RICHARD SEAH - By RICHARD SEAH A LOCAL cane furniture maker has come up with a novel way to beat Australian import taxes, and so increase its sales Down Under. Vinceroyal International will be making the main furniture body here, and fixing the legs in487 words
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Page 1 Advertisements
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Advertisement241 1982-01-02 1 sS A 1 r Lx 7* .Times Bookshops STOCK market investors will remember 1981 as the year which brought both euphoria and despair Page 12 THE Singapore Centre of the Institute of Bankers will hold a general meeting on Jan 15 ft) finalise details on its proposed merger with the241 words
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Advertisement215 1982-01-02 1 Swing With A Perfect IMA The form and function of many things are often rated on a scale oM to 10. MB 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 created215 words
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Advertisement84 1982-01-02 1 Ip The Leasingham Bin 68 Cabernet Shiraz, winner of many awards rncl the prestigious 1979 Hobart Gold Medal. Bottled in 1977 from a superb blend of Cabernet Sauvignon and Shiraz grapes, this remarkable '77 vintage is an excellent Claret-style red produced in the famous Australian Clare Valley. For the exclusive84 words
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Article369 1982-01-02 2 ALVIN TAY - By ALVIN TAY ;<THE Singapore Centre of I the Institute of Bankers (IOB) will bold a general meeting on Jan 15 to finalise details for its proposed merger with the Institute of Banking and Finance (IBF) in February. Business Times understands that IBF has369 words
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134 1982-01-02 2 Reuter BANK Fuer Gemeinwirt- schaft AG (BFG) will show a broadly balanced 1981 result after activating hidden reserves and the sale of two thirds of its stake in the mortgage bank, Allgemein- en Hypothekenbank AG, Frankfurt, a BFG spoke- man said. He said theReuter - 134 words
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483 1982-01-02 2 Reuter THE YEAR of the mighty dollar ended quietly on foreign exchange markets on Thursday with the US currency holding gains ranging up to 26 per cent against other major currencies, compared with 1960. Dealers said New Year's eve trading was at minimum levels. TheReuter - 483 words
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245 1982-01-02 2 Reuter A PATTERN of record hank lending to the UK private sector, including record rises in lending far house purchase and in acceptance credits, is confirmed by the latest Bank of KngUnrt analysis of bank advances »rwi acceptances. The analysis, covering the three monthsReuter - 245 words
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Article38 1982-01-02 2 THE Algemene Bank Nederland NV will reduce its Singapore prime lending rate to 11 per cent from 12 per cent from today. The adjustment follows a similar cut to that level by Chartered Bank last Wednesday.38 words
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808 1982-01-02 2 NYT MORTGAGE-backed securities in the US have fallen out of the limelight as the slump in home sales and construction has sharply reduced the volume of new issues. Investors in these highyielding securities, which were among the best performers in the credit markets from 1975NYT - 808 words
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Article348 1982-01-02 2 Reuter INVESTORS in gold, who took a beating in 1981, stand to recover some of their losses in the new year from a modest price advance. Major London bullion dealers, who operate at the centre of the world gold trade, where the daily "fixing" priceReuter - 348 words
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183 1982-01-02 2 Reuter GOLD closed early in London ahead of the New Year holiday with the quote at U*****.50/400.50 a troy ounce, steady on Thurday's morning fix and unchanged on the openingDealers said the market was virtually tradeless with no new factors emerging. Thurday's levelsReuter - 183 words
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Article582 1982-01-02 2 EIGHT investment and financial houses in Kuwait made international bond issues totalling U551,475 million during the seven years ending in December. The issues were made in favour of 64 international borrowers in 18 countries including Japan, France, Sweden, Finland, Spain, Yugoslavia and others. The Kuwait bouses that582 words
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212 1982-01-02 2 Reuter THE ijmbrella theory, under which the USSR would come to the aid of East bloc states with debt problems, has lost much of its validity, Dresdner Bank AG management board spokesman Hans Fridericfas said. Writing in the West German financial dailyReuter - 212 words
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Article60 1982-01-02 2 BANK Negart Malaysia said its gold and foreign exchange reserves rose to M|8.84 billion on Dec 16 from $8.66 billion on Nov 30 and 18.34 billion on Nov 15. The central bank's fortnightly balance sheet showed total uwtf rose to $12.22 billion at mid-Decem-ber60 words
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BANKING AND FINANCE
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Article748 1982-01-02 2 NYT IN THEORY, Interstate banking would lead smaller banks to make alliances with larger out-of-state banks so that smaller banks and their local economies could become stronger. This would require a new law specifically allowing banks to operate across US, state lines something that Congress may see asNYT - 748 words
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Page 2 Advertisements
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Advertisement283 1982-01-02 2 An Asian Development Bank Survey ASIAN ENERGY PROBLEMS This report represents a first step towards a more meaningful understanding of the energy situation in the Bank's 25 Developing Member Countries; Indonesia, Malaysia, Afghanistan, Bangladesh, Burma, Cambodia, Nepal, Pakistan, Sri Lanka, Vietnam, Cook Islands, Kiribati, Maldives, Solomon Islands, Tonga, W Western283 words
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TRADE AND INDUSTRY
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Article, Illustration180 1982-01-02 3 AN AUSTRALIAN electronics engineer has used micro-chip technology to develop a new type of air navigation aid. It is for use as a directional beacon in remote areas to help pilots who may be lost and want to land or who need a 'Dew bearing. A180 words
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Article237 1982-01-02 3 AN AMERICAN-based exhibition group will hold a series of trade shows and Conferences on the construction and building industry and quality control at the World Trade Centre this year. The Cahners Exposition 'Group will present the -Singapore International Building Exhibition (Sibex) -and the Asian Construction Equipment237 words
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Article683 1982-01-02 3 SEMINARS AND COURSES Dec 28-J an 20: Financial Planning for Marketing activities, Cuppage Centre, NPB Jan 2-Feb 27: Industrial Microcomputer System, Bukit Timah Centre, Department of Extramural Studies, NUS Jan 4-Mar 1: Skills and Strategies for Effective Managements, Waterloo Centre, Department of Extramural Studies, NUS Jan 5-7: Leadership683 words
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Article463 1982-01-02 3 JEWELTIME, an exhibition of jewellery and watches, will take on a different flavour when it opens at the World Trade Centre on Sep 22 to 26 this year. Unlike last year's event, Jewel time '82 will cater for the consumer as its organiser, ITF Pte Ltd, aims to463 words
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Article216 1982-01-02 3 A SERIES of four courses on the state-of-the-art in electronics, computer and telecommunications technology will be held in Singapore this month. Organised by Insight Consultancy Services, the courses, scheduled from Jan 4 to 22, will represent a "concentrated technology teach-in" by experts from France, Germany, Canada,216 words
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313 1982-01-02 3 A LEADING local supplier of offshore oil equipment. Central Industrial Suppliers (CIS), aims to capture a slice of the lucrative Indonesian market by appointing an Indonesian agent. From today, the energy division of the NS group, PT Adiguna Mesintani, will serve as313 words
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Article499 1982-01-02 3 LIM SOON NEO - By LIM SOON NEO LABOUR and Communications Minister Ong Ten*? Cheong yesterday suggested that various media owners in Singapore combine to run Journalism courses with the assistance of the National University of Singapore (NUS) and the Regional Language Centre (RELC). Mr Ong made the suggestion at499 words
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Article, Illustration59 1982-01-02 3 UTA French Airlines has made the following appointments: Mr Alala Bert Met, marketing manager (Asia) succeeds Mr S Kotlarevsky as UTA general manager for Malaysia. Mr S KstUrevsky wiH be taking on a new posting as general manager for New Zealand. Mr Yvm Trefetej replaces Mr Berthelot59 words
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Page 3 Advertisements
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Advertisement182 1982-01-02 3 11 am. 10p.m. January 2 7,1982. Singapore Conference Hall ShentonWay An Exhibition and Sale for the discriminating individualist HIGH CLASS FURNITURE LEATHER. VELVET. FABRIC. ROSEWOOD. RAM*. EXOTIC TIMBER MAN*J PERSIAN CARPETS HAND-KNOTTED. WOOLLEN. SIX. OLD NEW LAMPS, LIGHTS MATTRESSES (J) Edward Arnold Managing Human Resources r\ 6s o*u B This182 words
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OVERSEAS
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594 1982-01-02 4 AP DESPITE an extraordinary meeting of world leaders in Cancun, Mexico, developing and industrialised countries failed to meet their goal of launching formal negotiations by the end of last year on how to share the earth's resources more evenly. Nevertheless, UN GeneralAP - 594 words
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613 1982-01-02 4 AP RICH countries have curbed inflation over the past 18 months, but the International Monetary Fund (IMF) warned that prices are soaring (aster than ever in poorer countries. The IMF's study on inflation since 1960 divides the countries into three groups: 21AP - 613 words
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Article492 1982-01-02 4 Reuter BRITAIN'S troubled economy faces another tough year, but manufacturing output should increase and inflation could fall to single figures. Although unemployment is expected to get worse and industrial trouble looms on the horizon, most forecasters support Prime Minister Margaret Thatcher's view that the country is climbingReuter - 492 words
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311 1982-01-02 4 Reuter JAPANESE Prime Minister Zenko Suzuki said yesterday that while he would make every effort to end trade friction with the West, he expects reciprocal action by Western nations to boost their own competitiveness. Mr Suzuki said a council ofReuter - 311 words
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331 1982-01-02 4 AFP A RECORD grain crop, surging raw-material output and falling inflation have all combined to make 1981 a good year for India and 1962 a promising one. A 1981-1982 grain crop estimated at a record 133 million tonnes, against 109 million tonnes inAFP - 331 words
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268 1982-01-02 4 UPI SOUTH Korea has rejected as "groundless'! allegations that some of the rice it purchased from the United States last year was overpriced by USSI2 million. Kim Ju-Ho, director of the government Office of Supply, said: "The allegations are groundless and haveUPI - 268 words
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370 1982-01-02 4 AP ASEAN goes into 1982 as the world's leading economicgrowth area, in contrast to the stagnation and poverty of its communist neighbours. Current estimates put Asean's collective growth rate at 7 per cent for I*l. Furthermore, communist and non-communist governments of South-east AsiaAP - 370 words
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WORLD IN BRIEF
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Article482 1982-01-02 4 Agencies THAILAND (aces a heavier burden of trade deficit and foreign debts but the rate of inflation is expected to slow down Hit* year. A government report yesterday said trade deficit in 1982 would rise to about US$3 billion compared with $2.8 billion last year. The rate ofAgencies - 482 words
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Article698 1982-01-02 4 ARRIVALS Service Local Operator Number Tine Fro» MAS MH680 1010 BH/MYY/KCH SIA SQ201 1030 HLP CAL CB14 1030 HLP CPA CX710 1030 HLP GIA GA960 1100 HLP SIA SQ103 1115 KUL GIA GAS30 1115 MES THAI TG403 1120 BKK PAL PR501 1130 MNL SIA SQ191 1135 PEN698 words
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291 1982-01-02 5 UPI NEW ORDERS to America's factories showed a small increase of 0.2 per cent in November, the first rise since July, the US Department of Commerce reported on Thursday. Along with other recent signs, the report was a Hbpeful omen that the current recession mayUPI - 291 words
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215 1982-01-02 5 AFP HONGKONG'S toy Industry turned in a better-than-aver-agpe export performance last year, maintaining the colony's position as the world's leading toy exporter. Exports of toys for the first 10 months of the year grew by 19 per cent over the ««responding period in 1960,AFP - 215 words
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424 1982-01-02 5 MALAYSIA'S venture into tinplate manufacturing Kaa got off to a very good start. The Ms6o million electrolytic tinning line plant of Perusahaan Sadur Tlmah Malaysia (Perstima) has been completed, three months ahead of schedule. The early completion means a saving of $2 million for424 words
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Article, Illustration367 1982-01-02 5 EXPECTED ARRIVALS TODAY KEPPEL WHARVES Erfurt (0600 after Stolt Sheaf) 13/14 Hong Shou Shan (1200 tide) 18 Iweri (0700) 20 West Jenson II (0700) 22 Jastarnia Bor (after Labuan Hadji A Patroclus) 35/36 Selamat Da tang (0700) 28 Tomoe 81 (Tanker) (2100 after Stolt Sheaf) 15/16 PASS367 words
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313 1982-01-02 5 Reuter THE WHITE House believes Washington's allies will eventually do something to back up the sanctions President Reagan imposed on the Soviet Union in response to the military crackdown in Poland. Asked whether Reagan was disappointed that the West European allies had not JoinedReuter - 313 words
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729 1982-01-02 5 UPI NORTH Atlantic Treaty Organisation (Nato) allies have agreed to convene a special meeting to discuss the Polish crisis and British Prime Minister Margaret Thatcher called on them to follow President Reagan's lead and take punitive action against Moscow. "We must allUPI - 729 words
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176 1982-01-02 5 AFP THE NEW Multi-Fibre Arrangement (MFA) hammered out in Geneva Last month will damage Third World efforts to increase trade, the British-based World Development Movement (WDM) said. The WDM, which claims to be Britain's main pressure group for Third World welfare, issued aAFP - 176 words
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213 1982-01-02 5 Move to settle suit against AT T NYT THE US Justice Department, in an unexpected turn, said on Thursday that it was trying to settle its antitrust suit against the American Telephone A Telegraph Company (AT4T) out of court. The department joined the company in a resumption of negotiations forNYT - 213 words
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Page 4 Advertisements
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Advertisement341 1982-01-02 4 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 accumulated341 words
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Page 5 Advertisements
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Advertisement231 1982-01-02 5 The 16 days that shook the world. Now see the War in pictures and read if m A J n V ft oil happened between February 17, 1979 and March 5,1979 a very short span of time and a very limited war. However, the repercussions and significance ore indeed extremely231 words
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Article664 1982-01-02 6 THE END of the year, or the beginning of a new year, «predictably brings a flood of experts extolling their views of how the stock markets of the world will perform in the twelve months ahead. It is by and large a harmless enough occurrence664 words
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1175 1982-01-02 6 TONY AUSTIN - The new Multifibre Arrangement has come into force. While the European textile industry feels it has not secured enough protection from the blows of recession, increased energy cpsts and import competition, South-east Asian manufacturers believe they are losing their fight for greater freedom to exportReuter - 1,175 words
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Article825 1982-01-02 6 FLORA LEWIS - FORUM with FLORA LEWIS NYT IT HASN'T been a good year and there is little to offer beyond blind aope as assurance that 1982 will be much better. Still, there are realistic consolations on which to base some confidence that it won't be much worse. TheNYT - 825 words
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563 1982-01-02 6 T B PERAMUNETILLEKE - By T B PERAMUNETILLEKE Depthnews WHEN the Hindu god of creation, Lord Brahma, smiled, gems fell off his mouth and landed in Sri Lanka. That, according to one legend, is the reason why Sri Lanka has so many precious stones today. Throughout itsDepthnews - 563 words
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Page 6 Miscellaneous
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Miscellaneous665 1982-01-02 6 t -11-OIE CROSSWORD CRYPTIC PUZZLE ACRO6B 4 Female superior to Jack and Elizabeth (6) 7 Automobile bodies? (8) 8 Hurry to start scoffing Indian grub (6) 10 This water makes a confused din to us (5) 13 Forward from the Upper Thames (4) 14 Look, man! (4) 15 The District665 words
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Miscellaneous541 1982-01-02 6 SINGAPORE S 12.45 PM Op*** Mmd by Stum On far* «hdw 1 6.40 Tin NaAens The Premonition .45 !1» Nn Spact Swt MDo <&£*> HercuMds 7.30 Newt Aid WeatlMr Forecast 2.10 Saturday Matin* What's Up Doc? 3.45 ABC IMs World Of Sports 4.40 On The Hat 5.05 Bbitang UMangan (r)541 words
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Article, Illustration1146 1982-01-02 7 SALMA KHALIK - The seat of French kings, the fertile Loire Valley houses the wine regions of Anjou and Saumur, well-known for two types of wines: light, highly perfumed rose wines and sparkling wine produced Champagne style. SALMA KHALIK ends her1,146 words
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Page 7 Advertisements
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Advertisement278 1982-01-02 7 RED WINE Magnificent Ruby, its delicate bouquet is best appreciated with meats and cheeses. It can be taken young, but wine of such quality will age well. To get the most out of the wine, it is best taken at temperatures between 12-14 c C. V W wmm Jf'-rrn Jh.278 words
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Advertisement137 1982-01-02 7 give your chid only plain rice? Mi and it *s not nutritional enough for proper growth. A 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 of137 words
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INTERNATIONAL STOCKS
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Article693 1982-01-02 8 NYT THE WILLINGNESS of all 10 union locals at Uniroyal Inc to submit to their members a new contract that calls for U5554.9 million in pay and benefit concessions is the latest effort in the rubber industry to offset the fall in tyre sales to car manufacturers.NYT - 693 words
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Article152 1982-01-02 8 Reuter DU PONT's Conoco Inc and Standard Oil of California have agreed to a swap which would give Conoco an interest in Socal's shale operations in return for an interest in Conoco's coal properties. The agreement is designed to take each company into a newReuter - 152 words
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Article74 1982-01-02 8 Reuter OCCIDENTAL Petroleum Corporation has reached agreement with the Italian government energy company, ENI, to form Enoxy Inc, a chemical and coal concern. Occidental said ENI contributed US$525 million in cash to the new company while Occidental's Island Creek coal division contributed deeds to various coal properties ofReuter - 74 words
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Article85 1982-01-02 8 Reuter GOODYEAR Tire and Rubber Company said its 1981 earnings will reflect the impact of intense competition for limited markets, inflation and unspecified foreign currency losses. But it said these factors would be offset, at least partially, by improved US «aiw of car and truck tyres, capacity realignmentsReuter - 85 words
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Article45 1982-01-02 8 EASTMAN Kodak will raise prices on traditional still and movie film by an average 7 per cent, effective Jan Instant film prices will be raised by 10 per cent and slide projector prices by 6 per cent. Increased costs forced Kodak to raise prices.45 words
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153 1982-01-02 8 Reuter THE UK government is not providing British Aluminium with any financial aid, a Department of Industry spokesman said. He was commenting on a report in The Times that the British government is announcing a big refinancing package for British Aluminium, a subsidiary of TubeReuter - 153 words
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Article97 1982-01-02 8 Reuter THE ROYAL Dutch Shell French subsidiary, Utilisation Rationelle Du Gaz (Urg-Butagaz), said it will keep open its offer for the 50.2 per cent stake held by Generale Occidental* SA in the gas servicing company. Application Des Gaz (ADG), beyond the expiry date at Jan 4.Reuter - 97 words
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Page 8 Advertisements
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Advertisement230 1982-01-02 8 The American Express Card serves you well, wherever good food is served". Snacksfor your island treks I AKtS 4 y Take your pick: Curry PuH Chicken Pic Gateau Cake Hot Dog Hamburger Sandwiches Roast Beef, h Bun Pack Lunch Open: Monday Friday 10,00 a.m. 6.00 p.m. Saturday, Sunday Public Holidays230 words
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Advertisement113 1982-01-02 8 w JAPANESE RESTAURANT Jm 1 For sushi. For teppanyaki. For other authentically Japanese delights. >n< < <.';.■/(.• 1 ::>)<■>», !r t> •>!>>> ni 10 lor rt'st'rvatK >ns call TA7<Hu7 A k (S/ fn(ur\ I*]i rk i«'r; id >■ i **"ii 1 i| >or« N-: H b' 0.1.0' Dv HOTELS ,r113 words
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Advertisement141 1982-01-02 8 11VI <>Yll\h\l K HI Si I H A S 1 Before vou fly a way to foreign lands, check-in vour Hags then seek out rhe Five Continents Restaurant. Relax in intimate surroundings and wine and dine on rhe most su[x.*rb international cuisine you've ever tasted. Lunch 12 noon 3 pm141 words
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Advertisement131 1982-01-02 8 When you dine, dine Cantonese. If pleasing your palate is achieved only 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.131 words
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Advertisement152 1982-01-02 8 Rfcasgood as going to Bangkok. V This it Thai Seafood at its authentic beat. So fresh, it could have bean aiiva 15 minutes before carting to your table It was An enormous variety of succulent seafoods expertly prepared by Thai chefs in our kitchen Siamese Seafood Restaurant Oxley Rise/Penang Roed.152 words
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RAW MATERIALS
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913 1982-01-02 9 AFP BASE metal prices are expected to show sharp gains in the second half of this year from 1981's generally depressed levels. The recent firmness of coffee might also continue, but prices of sugar, cocoa, and grain may show little change owing to adequateAFP - 913 words
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159 1982-01-02 9 QUIET and thin conditions predominated during the seven trading days interrupted by the Christmas holidays, Holiday, Cutler aad Bath says in its review of the Singapore and Malaysian rubber markets for the week ended Dec *****1. Current RSS One fluctuated just below the 180159 words
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Article69 1982-01-02 9 Reuter THE Indonesian government has raised check {«Ices, used to calculate export taxes, on Arabica and Robusta types of coffee. The higher rates .are effective from Jan 1 to March 31, the Indonesian Trade Ministry said. The new check price for Arabica is $2.25 aReuter - 69 words
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454 1982-01-02 9 PALM oil, it was hoped, would be the one bright feature in an otherwise gloomy picture presented by Malaysia's agricultural commodities last year. While the Treasures report for 1981-82 expects earnings from rubber, saw logs, sawn timber and tin to decline by454 words
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Article181 1982-01-02 9 Reuter A 4,125 tonne rise in London Metal Exchange (LME) tin stocks last week mainly reflects a paper replacement of 3,750 tonnes of tin held in Hull Warehouses. Last week's LME tin stocks rose to 13,335 tonnes with Hull Warehouses accounting for 3,935 tonnes of the increase.Reuter - 181 words
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307 1982-01-02 9 Reuter A WITHDRAWAL of support by the tin market's influential buyer on Thursday saw prices fall sharply during London Metal Exchange late morning kerb dealings. Metal for immediate delivery was traded down to £8,200, its lowest level since Nov 4, and Three MonthsReuter - 307 words
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Article290 1982-01-02 9 Reuter ROY Markon, a commissioner at the General Services Administration, said be does not project any receipts from the sale of surplus stockpiled silver for the next six months. But Mr Markon said that it is too early to determine when, and if, the GSA will resumeReuter - 290 words
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Article1036 1982-01-02 9 FOR REASONS best known to economists and forecasters, the much-touted recovery in the pivotal economies of the advanced countries failed to take place. The result is that rubber prices have come down to record lows; lows which, interestingly enough, paralleled the 32-month low reached on1,036 words
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Article625 1982-01-02 9 NYT WHATEVER the outcome of the Polish crisis in economic terms, American grain farmers have already paid a heavy price, and may be called upon for even greater sacrifices. All this despite the fact that another curtailment on grain shipments to the Soviet bloc has onlyNYT - 625 words
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Article828 1982-01-02 9 COFFEE: Robusta futures on Thursday ended the final call slightly easier in quiet trading. Dealers said values partially erased morning losses on year-end considerations which were also reflected in a high crossed volume. New York's mixed price levels in initial business gave no impetus to London trading. Prices828 words
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Article141 1982-01-02 9 WHEAT futures in Chicago on Thursday closed higher, but on or near the lows, up Vi US cent to 3V« cents per bushel in light trade. Early buying in March by locals and a spreading house touched off commission house buy stops at 394, pushing prices to the highs,141 words
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Article131 1982-01-02 9 NEARBY soybean futures in Chicago on Thursday closed on a weak note, ranging from off 3V« US cents per bushel in spot to five higher in distant January on light trade. Larger than expected deliveries kept spot comparatively weak versus deferred! all day, traders said. Scattered local and commission131 words
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Article90 1982-01-02 9 RUBBER futures in London on Thursday were extremely quiet ahead of the new year holiday with prices at the close ranging from 0.20 pence down to 0.10 pence up. The market had moved during the day in a 0.40 pence range with end-year book squaring noted, dealers said. Turnover90 words
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Article177 1982-01-02 9 CHINESE Pufcw Kntaft, Stogapwe, Thsrsfey mm dmlag prims per 1« kg yeaterCwmt ail: Bulk fob $100.00 sellers, old drum (in second hand drum) fob $112.00 sellers, new drum fob $116.00 sellers. Opra: Mixed (loose) $50.00 buyers. Pepper: Muntok white pepper fob Asta NLW $372.50 sellers, Sarawak white pepper177 words
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Article125 1982-01-02 9 THE Kuala Lumpur crude palm oil market on Tursday closed mixed in quiet trading ahead of the new year holidays, dealers said. January in the south fell M 52.50 to $905 a tonne while the central region was traded 12 50 higher to 1902.50. K The refined market125 words
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Advertisement256 1982-01-02 9 f t '1 f k v rm ?t nop. Philips' ILLUSTRATED ATLAS I THE WORLD What makes PHILIPS' ILL USTRA TED A TLAS OF THE WORLD the most comprehensive, accurate and modern atlas now available? PHILIPS' ILLUSTRATED ATLAS combines maps, illustrations and text in a reference book that is visually256 words
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Article775 1982-01-02 10 UPI THE outlook for the American «took market in 1982 is about as clear as President Reagan's plans to cut huge budget deficits or the date when the recession will end or the day the prime rate drops to 10 per cent. The 1982 forecastUPI - 775 words
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Article, Illustration1894 1982-01-02 10 IAN RODGER - By IAN RODGER IF EVER there wu a year to "aril la May and go away," 1981 was it. The FT-Actuaries AllShare and FT 30 Industrial Indices rose to new peaks in the spring but then slumped badly in October, the year only1,894 words
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Article2805 1982-01-02 10 1981 High Low Con pan y Last Sale orGr'» Div Div Crr Gr's YHd Net P/E Vol <*000) Day High Low SBCTION ONE INDUSTRIAL COMMERCIAL 494 115 3S0 312 420 200 470 532* tm 430 248 115 130 150 306 75 300 220 322 231 Acma Aicom2,805 words
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COMPANY NEWS
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Article, Illustration639 1982-01-02 11 ;SOME have estimated Sabah tycoon Datuk Wee !Boon Ping's wealth "conservatively" at around MHOO million, others at well over |200 million. But the truth is neither can claim to be right at this moment. Even those very close to him admit there is639 words
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Article, Illustration480 1982-01-02 11 HE PLACED Ms 6 million, on an overnight recommendation from a friend, into a venture in which no details were given. This is the kind of trust that Sabah tycoon Datuk Wong Chik Lim places in his On trade venture into the world.480 words
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Article72 1982-01-02 11 PUBLIC Bank Bated: EOGM to be held at 5th Floor, Bangunan Public Bank, 6, Jalan Sulaiman, Kuala Lumpur on Jan 6 at noon. NANYANG Slang Pan mnf pwri Limited: Sixth AGM to be held at 307 Alexandra Road, Singapore 0315 on Jan 8 at 10.30 am. CHEM&AL Cwnpuy72 words
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Article285 1982-01-02 11 PRE-TAX earnings for Mafatyriu Mmn Ctmptay is expected to reach the MJIOO million mark fo the first time for the current financial year ending Sep 30,1982. This forecast was made by Laurence Prust and Company, a London-based stock broking firm. Malaysian Tobacco is expected to turn285 words
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1053 1982-01-02 11 STEVEN TAN - When a handful of Malaysian businessmen took over control of Kongkong-listed Mohan's Property and Investment Ltd recently and renamed it Ontrade International, there was much curiosity both in the colony and in the Malaysian business community. What were they out to prove? STEVEN TAN in1,053 words
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354 1982-01-02 11 TEMERLOH Rubber Estates Bhd has reported a slight decrease in its unaudited profits for the half year ended Oct 31,1981. The oil palm and rubber company's pre-tax profits at the group level dipped 3.6 per cent to Msl.B million compared with the354 words
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Article987 1982-01-02 11 LOH YEE LIAM - BY LOH YEE LIAM MR GEORGE Tan, the prime mover behind the phenomenal growth of the Carrian group, was born 43 years ago in Sibu, Sarawak. According to the magazine Insight, his late father was one of the few trained dentists in the state, with a prosperous987 words
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264 1982-01-02 11 THE Kim Chuaa Seng group of companies headed by Datuk Wee Boon Ping is Cast coming to the frontline of family-baaed companies seeking ambitious expansion through modern management. The group has grown over the years, baaed mainly on trust, to become a loose collection of264 words
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Page 11 Advertisements
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Advertisement406 1982-01-02 11 Naw available aa Update ta.. The key to under standing ASEAN The ASEAN Report Update Published by The Asiaa Wall Street Journal The Rate cf Government The Rate of Private EMerpnae LIBERALIZATION OF TRADE Preferential TraAng AiTMVROMta Preference! on Base Caranmfctie* PiefeieuL-9 on PnActt of IndMtnal Project* and ComptetmntatMi Schemes406 words
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Article, Illustration1167 1982-01-02 12 CHRIS LIM - By CHRIS LIM STOCK market investors will remember 1981 as the year which brought both euphoria and despair. And those who have been around long enough will remember it as the year which brought back fearsome memories of the crash in 1973. (The market had1,167 words
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121 1982-01-02 12 Reuter THE AMOUNT of new money raised in the United Kingdom through issues of marketable securities in 1961 was £3.27 billion compared with 1.35 billion in 1980. The amount raised by the company sector was sharply higher at £2.66 billion against £I.U billion. OfReuter - 121 words
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Article104 1982-01-02 12 MOBIL Corp, refusing to give up its legal fight to acquire Marathon Oil in spite of a series of adverse rulings, has asked a federal appeals court to delay rival-bidder US Steel from buying Marathon stock. It is asking for a stay to "preserve the104 words
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Article579 1982-01-02 12 DUNLOP Industries Malaysia Berhad expects to make a breakthrough into the vast Chinese market with sales of earthmover tyres. It is estimated that the size of the Chinese market for heavy duty tyres is about US$24O million a year. Dunlop hopes to win a significant portion579 words
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Article750 1982-01-02 12 LONDON, Thurs. Share prices closed slightly firmer in quiet trading today ahead of the year end, dealers said. The Financial Times index closed 1.6 points higher at 529.9. Industrial leaders added between 2p and 4p where changed, as in Blue Circle, Tube, Bowater and ICI. The g»<n« were750 words
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304 1982-01-02 12 Reuter MALAYSIA Mlalag Cerperallea BM (MMC) to aet caatempiatißg aay reatrictteae ea prwhdlN to car» real market eeatlttoaa, eklef exeeatlve Akdal Rakim Akl taM tke greap'a aaaaal meettag aa Tkare4ay. Aakei ky a akarckeMer wketker reatflitteae wen ■apply exceeded ciaaamer femaai,Reuter - 304 words
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Article, Illustration818 1982-01-02 12 w mm*** by HOCK LOCK SIEW THE NEW year will bring new events, new clients for some broking firms perhaps, new accounts, and new questions. But not everything will be new. Hopefully, there will be no carry-overs from last year's debts but there will beby HOCK LOCK SIEW - 818 words
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Page 12 Advertisements
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Advertisement112 1982-01-02 12 Anthony Ghandor The Penguin Dictionary of H K mi ■■KM ""C; v if'. New words and phrases have already been contributed to the language by the traditional computer industry Bug, Bootstrap and Deadly Embrace for example have long been in Anthony Chandor's Penguin Dictionary of th neW context of microprocessors112 words
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LEISURE TIMES
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Article, Illustration1151 1982-01-02 13 RICHARD SEAH - By RICHARD SEAH YOU CAN TELL the year's weather just by looking at a nhinpap calendar. This annual weather report comes in the form of a drawing of a boy and a buffalo. If the boy wears shoes, or clogs rather, the year will be wet.1,151 words
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Article208 1982-01-02 14 TODAY: GOLF Keppel: Medal of Medals for the Gold Medal. Warrea: Nations Trophy. NAFA (National Aerobic Fitness Award) Test at the National Stadium (4.30pm). Late registration will be accepted between 3pm and 4pm. Participants below 21 years of age must obtain parents' or guardians' consent. TOMORROW: GOLF208 words
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Article, Illustration965 1982-01-02 14 ■0T0RII6 with Vermes WHILE other major European car manufacturers had to cut back on production because of poor markets and intense competition, particularly from the Japanese, Regie Nationale des Usines Renault, better known simply as Renault, in fact increased its production by 10 per cent in 1980.965 words
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Article, Illustration1064 1982-01-02 14 RONALD KOW - NZ-CHINA WORLD CUP PLAY-OFF/TIE mm BY RONALD KOW SOCCER fans in Singapore must be looking forward to the New Zealand-China World Cup play-off next Sunday with much more enthusiasm than they have ever had for any other football match played in the country. There is1,064 words
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100 1982-01-02 14 AP CHINA has neat I'M srilttM yeas (18S117J nil. Um) to MM new spsrto facilities to fee last five years to spite sf toe earreat ««•■•■ie retreaehTke Spsrto News in» paper saMChtoa had Mlt X new athletic HeMs, SI gyn—las», 48« lighted hall fields aad OSAP - 100 words
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Article592 1982-01-02 14 UPI ARGENTINIAN Ricky Villa, who scored twice in Tottenham's 3-2 English Football Association Cup final replay victory over Manchester City last May, returns to the London Club's line-up today after injury. Also fit again is Mark Falco, a prolific goalscorer at the start otUPI - 592 words
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Article579 1982-01-02 14 Reuter HORSE racing is back in action in Britain after a lay-off because of snow but the financial climate for the sport could hardly be bleaker. With backers feeling the pinch of the general recession in the country, the level of betting has beenReuter - 579 words
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Article, Illustration109 1982-01-02 14 HAMLEYS, London's best-known toy shop, is l«wi in the Guinness Book of Reeords after 221 years far Mag die largest toy shop la the world. It lias moved a short distance along Regeat Street, ia the capital's West End, to new premises, two-sad-a-hslf times the sise of109 words
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Page 13 Advertisements
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Advertisement10 1982-01-02 13 [BUSINESS TIMES! When we say business we mean just that10 words
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Advertisement6 1982-01-02 13 BUSINESS TIMES GIVES YOU THE EDGE6 words
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Page 14 Miscellaneous
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Miscellaneous444 1982-01-02 14 CONCERTS THE Singapore Polytechnic Concert Band will be presenting IMmI DeHgfcti V today. Conductor to Dak V Rhodes. Programme includes the Ist movement from Dvorak's New Workl Symphony, V Williams's English Folk Song Suite and Morrtosey's Elegy for Bind. Other works by Giovannini, Curnow, Erickson, Sousa and Deina will also444 words
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