The Business Times, 27 February 1982

Total Pages: 14
1 14 The Business Times
  • 10 1 BUSINESS TIMES M.C.(P) No. 93/1/82 SATURDAY, FEBRUARY 27,1182 60 CENTS
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  • 300 1 IF SINGAPORE ratifies and adopts the New York Convention, it may bring it a step nearer to becoming a centre for arbitration services. Under this convention, it is compulsory for the court to put off civil proceedings in cases where both parties to a
    300 words
  • 296 1 TURNOVER dropped below four million units yesterday as share prices fell across the board at the Singapore stock market 1 Yesterday's volume of 3.79 million units worth $14.52 million was the culmination of a week of declining volume as the listless market kept investors away.
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  • 513 1 SIME Darby Bhd has moved into the petroleum services industry, recognised as a growth potential area, with its latest acquisition of f 60 per cent stake in C-E Crest Engineering (M) Sdn Bhd. The company is to be renamed Sime Darby Crest Sdn Bhd. The
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  • 497 1  -  By SALMA KHALIK MORE live prawns will land on the tables of restaurants soon to tickle the palates of lovers of crustaceans thanks to the owner of a prawn farm on Pulau Übin. For the farm, trading under the name of Aquaculture Singapore Pte
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  • 191 1 AFP FORMER international financier Amos Dawe, acquitted in Hongkong of fraud charges involving a US$l5 million share deal, has a valid travel document allowing him to leave the British colony. The Taiwan authorities recently renewed his passport, which expired while he was in
    AFP  -  191 words
  • 100 1 Reuter THE Straits tin price in Penang yesterday suffered a record fall of M 53.85 to the International Tin Council floor price of $29.15 per kilo. The price is the lowest since mid-July last year and represents the level at which the
    Reuter  -  100 words
  • BRIEFLY...
    • 47 1 AP BONN, Fri. State prosecutors have opened investigations against two of Chancellor Helmut Schmidt's most senior ministers on suspicion of bribery. They are investigating charges against Economics Minister Cttto Lambsdorff, Finance Minister Hans Matthoefer and other senior politicians and industrialists regarding illegal campaign funding. AP
      AP  -  47 words
    • 56 1 AP JAKARTA, Fri. About 1,000 domestic and foreign trawlers operating in Indonesia's eastern waters will be banned from the area by the end of 1982. The ban is the third after a similar ban was issued in 1960 against trawlers in Java waters and in 1981 against
      AP  -  56 words
    • 61 1 AFP BANGKOK, Fri. Thailand is looking forward to a brighter economy this year with growth in the industrial, investment and export sectors and a decline in inflation from 1981. The forecast, published by the Bangkok Bank, said the industrial sector is expected to grow by about nine per
      AFP  -  61 words
    • 49 1 UPI BANGKOK, Fri. Thailand, the world's third largest tin exporter, is likely to join Malaysia's bid to form a tin producers cartel. Industry Minister Chatichai Choonhavan expressed the hope that the proposed cartel, aimed at stabilising the price of tin, would help the Thai tin industry. UPI
      UPI  -  49 words
    • 64 1 Reuter TOKYO, Fri. Japan, under mounting pressure from major trading partners to reduce its huge trade surpluses, has reported its first balance of payments deficit since January last year. Official figures showed that last month's visible trade balance moved into a deficit of US$799 million compared to a
      Reuter  -  64 words
    • 60 1 Reuter MOSCOW, Fri. The Soviet Union is lagging behind in its ambitious nuclear energy programme and new atomic plants have been hit by shoddy engineering work, the Communist Party newspaper Pravda complained today. A front-page editorial blamed the failures on poor management by the Ministry of Power and
      Reuter  -  60 words
    • 58 1 Reuter TOKYO, Fri. Net foreign purchases of Japanese stocks last month fell to US$B5 million from $303 million last December and were down from $578 million a year earlier, the finance ministry said. Purchases fell to $1.29 billion in January from $1.71 billion the previous month, while selling
      Reuter  -  58 words
    • 82 1 AFP TOKYO, Fri. China's annual trade with the rest of the world topped the US$4O,OOO million mark for the first time last year, totalling an estimated $42,300 million both ways, the Japan External Trade Organisation (Jetro) announced. In 1981, Chink also enjoyed the first trade surplus in
      AFP  -  82 words
  • 208 1 PROJECT partaen sf tee pripisel Ethyl**? Glyeais Blagap*re (EOS) plaat are meetteg la Mags pare next week ta dtoeaa■ tee fate sf Mltoal's shawhsMtogs la tee mW Milltoa Mhr veatare. They will ittwipt to wark eat haw Mitoai'a IS per eeat •take
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  • 53 1 Reuer THE WORLD oil glut forced production of Indonesian crude oil to be cut from about 1.58 million barrels a day in December last year to 1.49 million in January. Exports were down from 966,000 to 896,000 daily and slack demand, mainly from Japan, forced some
    Reuer  -  53 words
  • 479 1  -  By AGNES WEE THERE have been a few cases of small cuts in rentals of prime office space in the Central Business District. However, prime office space in the area, which now fetches about $92 to $97 per square metre in rental, is
    479 words
  • Page 1 Advertisements
    • 235 1 <r* mils YEO Hiap Seng Limited yesterday defended the company's decision to treat a $2.9 million exchange loss as an extraordinary item Page 12 LEWIS and Peat Pte Ltd, a local subsidiary of the Guinness, Peat group in the UK, expects to begin gold trading in about two months' time
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    • 127 1 c I You've got to be good to play MacGregor The MacGregor 693. Classic woods with the rounded flowing face and high crown. Made famous in the '40s and '50s as a model club on the MacGregor Tommy Armour. Now styled and crafted in the traditional excellence of the originals.
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    • 125 1 siv ~\j'( )ki. this month Awinelhafe worth its weight 11 o The Leasingham Bin 68 Cabernet Shiraz, winner of many awards including 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
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  • BANKING AND FINANCE
    • 472 2  -  By KOH TSE YING LEWIS and Peat Pte Ltd, local sub- sidiary of the Guinness, Peat group in the UK, expects to begin gold trading in about two months' time. The rubber broking company, which was recently admitted as a member
      472 words
    • 172 2 THE state-owned Malaysian International Shipping Corporation (MISC) has secured a US$35 million term loan from a syndicate of 11 international banks. The 10-year loan, which is guaranteed by the Malaysian government, is syndicated mainly by hanks within Asia as well as the Middle
      172 words
    • 688 2 THE Swiss government issued 254.5 million Swiss francs worth of six- and twelve-month treasury bills last month, bringing the total of bills outstanding to 954.5 million francs, the Swiss National Bank said in its monthly report. The government is aiming to expand gradually such bill issues and
      688 words
    • 297 2 UPI LONDON traders said the Soviet Union has been gambling on the gold market and losing. The Soviets misread the signals on the market and are now being forced to unload hundreds of millions of dollars worth of the metal. The Soviet sell-off further depressed
      UPI  -  297 words
    • 39 2 IN YESTERDAY'S report on New Zealand South British's managing of China Underwriters' operations, one of the market leaden: mentioned for life policies here riiould have been The Great Eastern Assurance Company instead of Insurance Corporation of Singapore.
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    • 471 2 AFP THE INTERNATIONAL banking system has entered a phase of delicate adjustment as a result of recent changes in money (lows and uncertainty over repayments by East European communist countries. Monetary analysts in Washington said the big international banks are consequently hugging their cash boxes
      AFP  -  471 words
    • 399 2 Reuer THE Bundesbank's decision on Thursday to add liquidity to the West German money market gives it further scope to steer the key call money rate lower over the next week. This in turn could lead to a fall in call money rates below
      Reuer  -  399 words
    • 109 2 Ruter SWISS net capital exports rose to about four billion francs last year after net exports of slightly under one billion in 19». Capital exports generally reflect interest rate and currency rWt trends but last year's increase mainly reflects an economic slowdown, said the National Bank
      Ruter  -  109 words
    • 239 2 UPI AFP THE CHEMICAL Bank of the United States has become the second-largest shareholder in a major merchant bank in South Korea. The American bank recently acquired 23 per cent of the Saehan Merchant Banking Corp (SMBC), becoming the second-largest shareholder after
      UPI; AFP  -  239 words
    • 241 2 Reuter THE Japanese Finance Ministry is expected to increase the ceiling for syndicated yen loans in the current October-March period to around 400 billion yen from 350 Milk» yen. The ministry will probably allow an increase during case-by-case screening of proposed syndicated yen
      Reuter  -  241 words
    • 139 2 AFP THE Philippine government will Infuse about USJ2.I billion of additional credits into the financial system to perk up productivity sad economic growth. Central bank governor Jaime Lay a said, during talks with Filipino business men, that the additional credits would be pumped into
      AFP  -  139 words
    • MONEY AND EXCHANGE$
      • 482 2 THE US dollar closed firmer against mjor currencies yesterday on the foreign exchange market. The market was quiet except for the yen as most banks were waiting for the US money supply figures to be announced later in New York. Against the local currency, the US dollar opened
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      • 22 2 THE mra|e rata ai which aajor Singapore banks are currently prepared to lead to their best customers is 10.10 per cent.
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      • 145 2 ASIAN RATES ASIAN currency deposit interbank rates as at close on Feb 30: 7 dajrs 1 month 2 month! 3 months 6 months Smooth* 12 months US DaSanOaat) Offer M 14 UH 14 7/16 14 8/16 14* 14% 15 14* IS* IS IS 1/16 141S/16 IS 1/16 14 IS/16 Dm.
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      • 41 2 RANGE at pricca offered by discount I—i on M Overnight Jv.% Call deposits: 3W% cw« BaTiM 8*U4M 3-month Treasury bills 2* 2* 3-month BankIlls 6H 6* 3 months CD «13/1« 611/16 6 months CD 7W 7H Source: National Discount Co
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      • 212 2 SINGAPORE gold futures yesterday closed generally easier on some local and European selling, dealers said. Trading was light with total sales (or the day recorded at 135 lots while kerb volume at 40 lots, they said. Prompt cloned weaker at US$364/366 an ounce against 367.50/30.00 on Thursday, April lower
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      • 34 2 New York 7.MB TAB LOBS 7JR5 Zurich 7.91B 7MB I.OS 7 .MB Support IbVI W08 7.MB 7.75B I.OB 7.JOS Ckming prfc sm t» US dollars troy ohdc c. Source: Credit Suisse, S'pore
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      • 277 2 THE dollar in London yesterday rose against most currencies in a nervous start to business. Eurodollar deposit rates were little changed from Thursday night's close and dealers said the dollar may have drawn strength from yesterday night's money supply figures, which are expected to be neutral to slightly higher
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      • 100 2 THE US dollar in Hongkong yesterday fell against the yen but was little changed against other major currencies, dealers said. The US unit Ml to 235.» 50 yen against 237.06/30 earlier and New York's 236.40/55, after news Japan's preliminary adjusted industrial production index roee by 0 J per cent
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      • 105 2 THE dollar for overnight delivery in Tokyo yesterday closed easier at 235J0 yen after a 236.60 opening, dealen said. This was lower than the 236.40/55 close in both New York and on the US West Coast overnight, and a 235.75 finish in Tokyo on Thursday. Trading was a moderate
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      • 42 2 RESULTS of tender held yesterday for 91-day Treasury bills to be issued from Mar 1 to Mar 5: Ottered: 1165,000,000 IppMtl far: 1297,000,000. ABstted: 1165,000,000. *til|toi Mds: «99.42 and above in full. aa aOstaNat: 2.175 per cent per annum.
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  • Page 2 Advertisements
    • 101 2 Bank of America shows more interest in your Fixed Deposits. o op. a. •or 1 month minimum deposit SS 10.000 6 op. a. for 3 months minimum deposit 552.500 •7 V 0 2 /op. a. for 6 months minimum deposit 552.500 o o p. a. for 9& 12 months minimum
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  • TRADE AND INDUSTRY
    • 179 3 MANAGEMENT sssst take tie lead la Improving pMdaotliltj, wtteh dses not always seed a heavy capital satiny. Ms view was expressed yesterday by Mr Urn Chse Oaa, OsmtHi general si the Nstliasl Trade Uatsa rsiniss. at Iks taaagarai delegates tmĔmmm sI the TeZOM
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    • 128 3 MAROIL Engineer* and Shipbuilders hu launched a 38-metre utility vessel, the 12th vessel built by the company over the pact 12 months. The latest vessel, christened Rig Teader R*)*w*li, was built for an American company, Crowley Maritime Corporation. Crowley has two similar vessels construction at the
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    • 303 3 IN SPITE OF the current property market downturn, a university prole»■or has predicted that land value per unit area in Singapore will rise to dhzy height» during the 80a. Proftasnr Philip Motha, head of the Building and Estate Management Department at the National University of
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    • 234 3 TWO American manufacturers participating in Rnbberplas *82, (he second international robber aad plastics exhibition for Asia at the World Trade Centre, are looking for local partners. Radva Corporation, a manufacturer of products from expanded polystyrene, is looking for a local partner to set op a
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    • 304 3 LOCAL contractors will be i rpnsnl to a cross-section of foreign metal scaffolding practices when they attend a seminar organised Jointly by the Ministry of s Labour and the National Productivity Board. The panel of speakers, comprising mainly metal scaffolding suppliers, will be drawn from Singapore and
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    • 414 3 SOONABB AND COURBEB Feb 8-March 29: English Oammar Review, Bukit Thnah Centre, Department of Extramural Studies, NUS Feb 9-March 11: Certificate in Computer Data Proffering Module IV Mansgement Information Systems, NPB, NPB Feb 10-March 12 (Wednesdays and Fridays): Elements of English for Business L Waterloo Centre, Department of
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    • 200 3 STANLEY Gibbons Auction* Ltd of London held s preauction exhibition of rare stamps here on Thursday and yesterday. This is the second time an exhibition was held to allow local philatelists a chance to place their bids by post (or the stamps to be auctioned off in Hongkong
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    • 260 3  -  By WANG LOOK KEAH AMERICAN Medical Institute, which owns and runs St Mark's International Hospital here, plans to set up about five or six hospitals in Asia in the next five years. St Mark's is AMTi first hospital in Asia. Mr Royce Diener, chairman of
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    • 241 3 THE BRITISH Technology Transfer Group (Technex) to aow in Singapore to promole its wide range of consultancy services. Tecfanex, a group of 30 companies, consultants and national bodies in the UK, was formed in 19TS to provide technological expertise, processes products to world markets. The nine-member
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  • Page 3 Advertisements
    • 132 3 w iter to America. Now there's a more efficient way to ship your goods to America. From February 28, Korean Air Lines new* freighter service from Singapore to America begins operation. Each Sunday a 8707 Freighter flies off to Seoul where a big 8747F makes the through-connection to New York
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  • OVERSEAS
    • 576 4 NYT THE CONGRESSIONAL Budget Office, in a "very grim" assessment of President Reagan's proposed budget, said that the White House had underestimated its fiscal 1983 deficit by US$29 billion and warned of "continuing large and growing Federal deficits into the foreseeable future." Contrary to
      NYT  -  576 words
    • 365 4 NYT SAUDI Arabian Defence Minister Prince Sultan has privately signed an agreement setting forth the conditions governing Saudi operation of the Awacs electronic surveillance aircraft to be sold to his nation. But it was not immediately clear whether the Saudi defence minister
      NYT  -  365 words
    • 128 4 Reuter US COMMERCE Secretary Maleelm Baldrlge Im taM |li>h *"i a trMe (•r iwipmiti lajjSia •SStaSmSle ta'irtl2ta*L naidrige ntavd ta nriHi mw Mara C««greaa that vnU refatre treafeat af Jiym geeta •|ul ta that mmtM iariHi (Mil entering He wM: "Thw hi pawaf netfndtj
      Reuter  -  128 words
    • 529 4 Reuter AP WEST Germsay aad France have deckled to take action to combat the effects of high US interest rate* oo their economiee, French Pi eat dint Francois Mitterrand said yesterday la Paris. gp—after a two-day meeting with rii«»ir*nnr Helmut Schmidt of West
      Reuter; AP; AP photo  -  529 words
    • 315 4 AP MITSUBISHI Motor* Corporation, Japan's number 4 car maker, will «peed up steps to produce cars in the United States Jointly with Chrysler. It has notified Chrysler that it is ready to begin a preliminary study (or Joint venture, Including marketing research on types
      AP  -  315 words
    • 291 4 UPI INDEFINITE lay-offs in the US car industry has climbed to 250,400, a new high for the current three-year slump. The lay-offs surpass the previous peak of 248,660 reached last summer, but tall far short of the record 360,000 set in the 1974-75 recession. Temporary
      UPI  -  291 words
    • 390 4 Reuer THE EUROPEAN Economic Community has accepted a hard-fought agreement on international textile trade, but vowed to impose harsh restrictions on cheap clothing imports from the Third World. British Secretary of State for Trade and Industry Peter Rees said minister» agreed on Thuraday
      Reuer  -  390 words
    • 126 4 Reuter WEST GERMAN manufacturing industry viewed business prospects (or the next six months with more pesst mtsm In January than in any of the preceding fix month*. The latest monthly survey of the IPO Economic Research Institute said OTQcT DOOKS OPCUIjcQ will t# reduced export eipn'iations
      Reuter  -  126 words
    • 696 4 ARRIVALS 8«rric* Local Opcntor Nuiktr Tiat fnm AI AMll SU SQU PAA RAMS CAL CBS Carcotuz CV796 MAS MH601 SU 9Q101 MAS MH811 MB 0025 0230 0220 0415 0700 OBfi 08C SYD/PER LAX/TYO NYC/SFO/ AHA/HKG TPE/HKG LUX/DXB KUL KUL PEN MAS RBA MAS MAS SU CAL CPA
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  • Page 4 Advertisements
    • 364 4 Books by the Central Statistical Office, Britain's principal provider of statistics now available through Federal CSO Publications Order Form mm a. subscriptions fcPI B 1 jS Wish t0 sutMCribe t0 the fo,,owin fl publications. >oci;t! T ret \< Is I A. SUBSCRIPTIONS I wish to subscribe to the following publications.
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  • 458 5 AP THE BRITISH government was accused yesterday of blundering in the stock market with taxpayers' assets when It sold off state-owned Amersham International, a radiochemicals companyIt seemed that almost everyone wanted a piece of the company and there was a scramble for the shares
    AP  -  458 words
  • WORLD IN BRIEF
    • 368 5 Agencies ISRAEL'S new ambassador to the US hinted strongly on Thursday that his nation may soon order a military strike into Southern Lebanon if there is no abatement o( the arms buildup by Palestine Liberation Organisation forces. Mr Moshe Areas said the danger to Israel is growing
      Agencies  -  368 words
  • Article, Illustration
    433 5 AKUVAU KEPPEL WHARVES Bunga Tan Jong (hauls 70m east after Xiang Cheng shifts) 6/7 Builder (after Kim Soon Li) 22 Equator (0700 after Lumut) 21 East Kota Murni (0700) 10/11 Lugulent (2090) 13/14 Nedlloyd Loire (after Nedlloyd Sinoutskerk) 3/4 Oakwood (2100) 24/25 Van Enterprise (B/ciinker) (1400 after
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  • 194 5 AP RUPERT Murdoch, owner of the London Times and Sunday Times, tried again on Thursday to transfer the Times' titles to his parent company in a move to suspend publication with existing staff. As staff continued to resist his demands for 600 jobs cuts under
    AP  -  194 words
  • 94 5 AP THE entire staff running a baggage deposit office at London's Heathrow Airport were jailed on Thursday for fiddling £24,000 from the airport and its customers. The eleven member staff stole up to £20 each on every shift they worked for six months. The conspiracy
    AP  -  94 words
  • 674 5 Reuter OIL COMPANIES think the Organisation of Petroleum Exporting Countries (Opec) may soon be (arced into new price cuts even if Saudi Arabia bows to pressure to reduce its output and ease the current glut. Buyers said a disunited Opec, now
    Reuter  -  674 words
  • 626 5 Reuter THE SOVIET Union is voicing quiet optimism that Egypt will soon swing away from the United States, thus giving a powerful boost to the Kremlin's hopes of resuming a direct role in the Middle East. A series of commentaries in the official
    Reuter  -  626 words
  • 467 5 NYT A NEW entrant into the personal computer business hopes to challenge Apple by imitating it. The Franklin Computer Corporation at Pennsauken, New Jersey, has introduced a new computer that it says will use all the programmes written (or the Apple n
    NYT  -  467 words
  • 385 5 THE revenue earned by the Malaysian Airline System from the carriage of passengers is estimated to increase by about 20 per cent during the current financial year ending March 31. But it will still suffer a loss, the first time in its 10year
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  • 178 5 AP THREE straight years of record rice harvests have left warehouses overflowing aad early signs show Indonesia may enjoy another bumper crop. The main or wet season crop appears to be 2 to 5 per cent better than last year, foreign grain eapeits said.
    AP  -  178 words
  • 173 5 Reuter HONGKONG'S trade deficit narrowed to HK$465 miiiv» last month from $1.32 nim—» in December and H.Ol bUlkm in January 1981. Provisional Census and Statistics Department figures show that total January exports fell to 99.5 C billion from $11.7 billiaa in December compared
    Reuter  -  173 words
  • Page 5 Advertisements
    • 55 5 ~}'}`^'@~}\@}}}%:|/*:/\?/\|&&;> This announcement appears as a matter of record only ASIAN DOLLAR ISSUE ID THE DAIWA BANK, LIMITED (Incorporated with limited liability in Japan) Tower 8001-3, DBS Building, 6 Shenton Way, Singapore 0106. US$l5,OOO 000 Negotiable Floating Rate U.S. Dollar Certificates of Deposit due 28th February 1985 Manager and Agent
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  • 490 6 OPEC HAS A problem. It has lots of oil, but it can t sell it. Opec can't sell its oil because the price is too high, but it can't lower it or at least it is very hard for the oil cartel to agree
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  • 222 6 TIGERS WILL soon be bred by the millions on Pulau Übin. But quarry workers need not be alarmed. These tigers have bluish grey stripes, live in water and are quite delicious when cooked. More prawn farms similar to Mr Chin's are certainly welcome.
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  • 411 6 Reuter AFTER filling the dawn air over the City of London for the last 1,000 years with raucous cries and pungent smells, Britain's biggest fish market has bowed to the needs of modernity. Billingsgate, one of London's oldest and most colourful instituUons,
    Reuter  -  411 words
  • 792 6  -  By JOHN HOLUSHA NYT THE BIG CAR, that smooth-riding, chrome-be-decked land yacht that once seemed part of the American birthright, is making a modest comeback on US highways after apparently being doomed to extinction by high petrol prices. Surprisingly, not everyone in the car industry is overjoyed
    NYT  -  792 words
  • 1126 6  -  Alfa Romeo, the company whose name more than any other symbolises for the world the Italian way with motor cars, is beset by a myriad of problems. Throughout the world, car companies have been having a hard time, and to a large
    FT  -  1,126 words
  • Page 6 Miscellaneous
    • 682 6 TWO-IM-OIE CROSSWORD CRYPTIC PUZZLE ACROSS 4 Not bought, either! (6) 7 Pay (or a seat that's more expensive (6, 2) 8 Look for and burn a church (6) 10 Are like regions (5) 13 Part with some roses for £50(4) 14 Pronounce Rs thunderously? (4) 15 But not dead on
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    • 35 6 Bristow: Famk Picfcens UMLE.SS you PULL YOORSEtF Tb&eTri6<? PNDGeO ftCTIOH.ONTMIS V&RY SOON YOULL FIND ~/OURS€IF, lout of p. LAxy s UN gling Fool y a iht R'K» ,w 6'ewn e£-CP»N N/ou Ring v \u coNre^fK£<
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    • 609 6 Beauties to entertain BOTH CjrM ree*|Blied as m lft» Ami (eh 5, Ml) M The F la Strike tort*: (eh 5, 7JI). pts a theory «f *y—lei aid ga H»r. nßa i tt all t»Oa flat FW «rt ■te «a ths Mi tf the aagl- why m Tud: Tke Ari
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  • 734 7 SINGAPORE ranks eighth in world import of diamonds from Belgium, and is fast becoming a focal point for the distribution of diamonds in South-east Asia, according to the Diamond High Council (DHC) of Antwerp. In its latest release
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  • 889 7 BEHIND its Old World facade, Antwerp is a startling mixture of tradition and modern advances. Nowhere is this more evident than in the centre of the city's multi-bullion dollar diamond industry. Antwerp diamonds are the product of a finely balanced combination of human skills, passed from generation
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  • Page 7 Advertisements
    • 132 7 The pick of dictionaries Dictionaries, General and Children's Books |)K ".1 s( I y. > 1. v V > LM iJ&f: r Now available at all leading bookshops. Distributed by FEDERAL PUBLICATIONS 1 New Industrial Road, Singapore 1953 A member of the Times Organisation CHAMBERS DICTIONARY OF SCIENCF AND CHAMBERS
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  • INTERNATIONAL STOCKS
    • EUROPEAN MARKETS
      • 150 8 AM AAotd Akao AMXV Am fx Amratak EXT ante BonumlJ Burbaaan Caland Cklx (Mfl D*U Mil Innia rokkt rort IMJ0 unch MJO 41 S« +04 MJO +0J T100 unch MJO -0-2 23-00 -0.1 M.40 +0.4 ruo -u WOO +0J 38-00 +01 14.00 41 191.00 unch 11 JO -0J Otmot
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      • 241 8 FEB as Pr» CORBEILLE Air-Liquid* B 8 N Gtmli Dtnonc C8F (TjjomjonC»f) i 1 i i 1 1 23 unch 35 CI* Prancaiae d*a Petrol** 134 +0 Compacnle rtnanclere Compacnlc Oeneral* Credit Ponciar D* Prance ***** 361 JO +0.1 0l5 Hachette (Ubrmlrl*) 419 uach MmMm Bull Mlcbcltn (B). Parlbaj
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      • 90 8 FEB 25 PTk FORWARD MARKET Ara<415 4-15 Artsad 1430 00 Astur 410 Bructn hq Bra-Lamb IMS unci MIHBC Cock O* Been 110 m 41 5 Ktwi 1*45 10 Etoctrobel Ob-Inno-Bm On 4*0 9430 1750 430 -15 45 Hobok 3430 456 Petro 4570 unci Rjrl Dutch 13M 46 Sid ro
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      • 191 8 rSB 25 Dm A«|-Tclefunkcn lUt 1J AUO HID +OS Alls Ltben 1830 00 +J Alls Vert 4*4QQ UV rnooa Bay H T Wbank 109.00 .1 Bar Vbank *100B unch Bayer 115 JO 07 229 90 11 BMW 21X70 0.7 Caaaella MO 00 .2 Chem V«rw ***** ***** Cammtntuik 2
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      • 77 8 BMOtI Brl n in U ■0 Ctntnk CM Cood Arqua Rom 21« rw o« I'M* B Ola in Prt» la«M MB R IS It 11 »c& lltt MM TM -4 4 t u t 1 -4 100 III) XonMim 136 -1 LIS 4 OlfvMti OrtJ rr •1 HwUl And
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    • 129 8 KOMATSU, Japan's leading heavy-duty machine maker, has agreed to acquire half of International Harvester Co's equity share in their equally-owned joint venture in Japan. Komatsu bought 1,665,000 shares for 9 billion yen in the Komatsu-Intemational Manufacturing Co. Komatsu had dissolved its technical tie-up contract with International
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    • 170 8 rtB C| AbiUM Aleut Alfnma Bank Mont Bulk Not* Bcotla Bell Tel Beth Corp BP Can Ltd Braacan Camp Had Lake Can Imp Bk Canpar Can par in* Pf Carllnf OKhIi Comineo Cona Batli Cona Mar be nor Z Mo BO Z IT* z 14* m MM f e<*
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    • 217 8 FEB 25 Hmd INDU8TBIALS A Alpha 490 Abercom A* And CI a Mir Bulowi a» an an unch -M -Mi UBCb cj Sugar MM 7306 CurrW rtiunce Dt Bwn Ind MS unch Edcon Idfin rmwai r«d VoU MM SX r»0i m uncb Otrdlan Otenanl Orttemo Hippo HtvcM 11M ZZHZ
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  • Page 8 Advertisements
    • 172 8 The American Express Card serves you well, wherever good food is served". ccsisiy v i—* f n -1 .8 -«X- s dhywtmawif Special The true Singapore flavour—only $8* Our popular Nonya Buffer Luncheon at a special price. COfFgHOUSE 12 noon to 2.30 pm. 2nd now Vl price on lon Bar
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    • 82 8 -H For sushi. For teppanyaki. For other authentically: Japanese delights. )/><>; 1. t, Illy lor rcserratu »is call /,'i/ •if f J k® I i i°K Slii'ivilnii Sii iJHi •< n*< f a TIFT NUTMEGS offers JAZZ BRUNCH onoundays 10.30 am. 3 p.m. $21 per person Please coll *****88 ext
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    • 162 8 See Page 9 for New York stocks and Page 11 for Asian stocks Il\ I OMIM-MS HIST A l K I Before vou flv away to foreign lands, check-in your bags then seek out the Five Continents Restaurant. Relax in intimate surroundings and wine and dine on the most superb
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    • 189 8 When you dine, dine Cantonese. 9 i -•v 0 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
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    • 123 8 This is Thai Seafood at its authentic beat So tresh, it could have bean alive 15 minutes before coming to your tatXe It was An enormous variety of succulent seafood* expertly prepared by thai chela in our kitchen. Siamese Seafood Restaurant Cockpit HiM Oxley Rise/Penang Road. Singapore 0923 Tel: *****11(20
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  • RAW MATERIALS
    • 168 9 CHINESE P—Sass Kuta^e, psr 11 kg ywtittoy. Cmwhl Bulk fob $100.00 sellers, old dram (in second hand dram) fob $112.00 sellers, aew dram fob {116.00 seller*. Csfta: Mixed (loose) 150.00 buyers. Pepper: Muntok white pepper fob A*U NLW $390.00 sellers, Sarawak white pepper (aq fob NLW $375.00 sellers,
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    • 197 9 YARN and cotton prices were quoted as follows in Hongkong yesterday. (In HK dollars, spot ex-go-down) Csttsa jam: China Blue Phoenix 20s 2,450; 32s 3,160, 40s 3,300 (per bale of 400 lbs). 'Pises |n4s: China Butterfly and Globe brand unq; Dragon Head unq; Five Lambs uaq; Flower aad Butterfly
      197 words
    • 336 9 SINGAPORE: Yesterday's dosing prices in S$ per kilo, ef-godown: THAI WHITE: 100 per cent Or* class (Kangaroo) new crop UO, 100 per cent second class 1.08, 100 per cent third class 1.00, 25 per cent new crop no stock, B-10 per cent no stack. v THAI BROKEN: A-super 0.7»,
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    • 40 9 THE STRAITS tla price Ib Penang yesterday «lamped to M 529.15 a Idle frem $33. Dealers said this was beeaase ef the withdrawal (rem the market by the mystery sappert buyer. The reasens (er such withdrawal were uakaewu.
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    • 33 9 Rubber: Feb 26 Singapore: March: 178.60 cents (down 1.00 cent) Malaysia: March: 201.50 cents (down 1.00 cent) Tin: M 529.15 per kilo (down $3*85) Official offering: 273 tonnes (up 23 tonnes)
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    • 193 9 THERE should be a reasonable increase in copper and other metal prices this year due to low stocks and rising OECD industrial production, Gilbert Vine, head of research (or Inter Commodities Ltd, said. He told a commodities trading conference organised by the Institute of
      193 words
    • 1048 9 NEW YORK STOCKS A DECLINE in the bond market in New York on Thursday ended a mild rally in stocks aad the market closed mixed. The Dow Jones industrial average gained almost seven points by early afternoon but then eased to dose off about a point. Advances
      1,048 words
    • 471 9 REDISTRIBUTION OF EXPORT QUOTAS AP THE EXECUTIVE board of the International Coffee Organisation on Thursday rejected requests from six producer nations for a redistribution of their export quotas. The six Ecuador, El Salvador, Kenya, Nicaragua, Paraguay and Zaire asked for a total of 300,000 bags
      AP  -  471 words
    • 291 9 Reuter A CONGRESSIONAL inveatigator recommended on Wednesday that the Federal government give the commodity exchanges and an Industry association a greater role in policing US commodity futures trade. The proposal came as a senate subcommittee on investigations held a second day of hearings Into
      Reuter  -  291 words
    • 177 9 Reuter SRI LANKA has proposed a scheme to natural rubber producers aimed at coordinating production and collective marketing in the face of depressed prices. Sri Lanka's Finance Minister Ronnie De Mel said has dismissed this with Malaysian Prime Minister Datuk Seri Mahathir Mohamed and the ministers
      Reuter  -  177 words
    • 800 9 COFFEE: Robusta coffee futures yesterday continued quietly mixed with the nearby* basically weak based on good availability of supplies, traders said. Prices ended the morning £4 lower to about £10 higher than Thusrday's close on a turnover of only 944 lots including 23 options and 103 cross trades.
      800 words
    • 136 9 THE Kuala Lumpur crude palm oil market yesterday finished mixed in moderately active trading, dealers said. March in the southern region rose M 52.50 to $977.50 a tonne, central $3 to $975 while north fell $5 to $970. South in April was unchanged at $965. The refined market
      136 words
    • 211 9 SOYBEAN futures in Chicago OB Thursday rallied late to close up 2H to 5Vi US cents a bushel. Follow-through purchasing late by both a processional and a commercial sparked local short-cover-ing, forcing prices to the plus side. The Prnfrsrtmul House bought 5.0 million bushels of May, and a local
      211 words
    • 116 9 WHEAT future* in Chicago on Thursday rallied to the plus side In afternoon trade in sympathetic movement with soybeans, and closed up Vt to IV* US cents a bushel. Nervous long liquidation ahead of yesterday's March 1 delivery notices held nearbys under deferred», but nearby prices were underpinned by
      116 words
    • 307 9 LEVELS recovered some five cents this week ss s direct result of stepped up buying from the buffer stock manager, particularly in Eastern markets, Company said in its rubber review for the week ended Feb 25. The Singapore sector was primarily affected as
      307 words
    • 289 9 RUBBER prices in Singapore yesterday closed slightly lower with March One RSS buyers quoted at 178.50 cents per Idlo, down one cent from Thursday's close, dealers said. Morning prices were marked down slightly on lack of buying support and some profit-taking, they said. The afternoon session lost further ground
      289 words
    • 304 9 RAS price* in cent* per kilo ywferdajr fv« (par kilo) Ufl wt dlo) Iat 1 RS.S. prompt f o b. 17».00 Iat 1 R-S.S Marco 1M.00 Int. 1 R.S.S. Apr0 MM tatt. 2 R.S.S 107 JO UK/Coot 10CJ0 IM. 1 R.S.S. 104.30 UK/Coat 1C2.00 Int. 4 R.S.S
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    • 87 9 NOON ant md SMR pnc IAS Mar (Carnal Kim 1 ek Mtfe) April i'rzTV*! 88R 30 38RS0 (ltao (l-tapaB* t) *****0 l) 100.00 100.00N *****N ***** 10.00 108.00N 106 HON HUU SMKCV SMRL SMR& SMRQP SMR 10 <1-(M p<*« (1-lMprfM (i-*-r*£ (lVoapaBM (1-taapO* Kink 190-40 I0S00 10*40 UNO
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  • Page 9 Advertisements
    • 178 9 I I A -*> I:WSPvSwr *Oh, it's on/y high blood Pressure common enough dhwiiMl of a most common affliction. And ample worry, for surely no other condition is as overlooked and misunderstood. At the heart of high blood pressure is a vicious circle; high Wood pressure is the precursor of
      178 words

  • 1326 10 BID and offer price» officially listed and hrnlnrw in »nH reported to the Stock Exchange of Singapore yesterday with the number of shares traded ohown In brackets in lots of I.HD units, unless otherwise specified. SECTION ONK INDUSTRIAL ft COMMERCIAL (1808 2.MS)
    1,326 words
  • 178 10 MMfiAPOU UNIT TMJR DIAMOND MOT STOU (Miai«m' prtM Mr Mw 1) (Mmmm* riM fcr Mar I) Tht Coaunercc 1« 1» nJ TVSartaf» Fund LM 1.7kcd Spor* Fd (USS) &N «.71 Spare Prag Puad 1J7 1J» iq s port Sac. Paad l.tr LM (Frt»(»o4w) S pore brvaat Pund l.M
    178 words
  • 2838 10 1M1/1M2 Bigk Low Cmmpmmy Last Sale 4-ar-Gr's Div DiT Ctt Gr's TTd Net P/B Vol COOO) Day Higk Law BBCTION ONB INDUSTBIAL ft COMMBBC1AL 404 lis 360 312 420 200 470 932* •75 430 248 115 138 190 300 75 300 220 S22 231 Aetna Alcorn Allied
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  • 1398 10 BID and offer prices officially listed and business In and reported to the Kuala i Stock Exchange yesterday, with the number of shares traded shown in brackets in lots of 1,000 units, unless otherwise specified. —Ml IJinili (1MB) (1) Ml Umm (1MB) (I) IM LM (1) IM
    1,398 words
  • 236 10 PAPER PraBaefc (Milin) Barfcad: EGM to be held at the 17th Floor ftmfimw Bank Rakyat, Jalan Tangsi, Kuala Lumpur on March 1 at U am. a a YEO Bu Seag (Malaytfa) Berhad: Eighth AGftl to be held at Subang View Hotel, Melatl 4, Mezzanine Floor, Jalan SSI2/1, Subang
    236 words
  • 552 10 THE stock mtM tee earn ipli im that It reaeto •aly to "had aewe" while farearahle Menaattoa to ther^eato*la totoreat ratoe toeally, the aßrhat yeateriay ami tower tna the ipraiii hell. »-t the ■Hie iwar Prlaa whae tower pre toi praflto prehahty trlggerei eeae eeOftag.
    552 words
  • 574 10 SHARE prices took another beating on the Kuala Lumpur Stock Exchange yesterday as the market lapsed into one of its quietest trading days this week. Overall, an air of indifference seemed to touch everyone involved, especially in the afternoon sessinn when burin* Si was reduced
    574 words

  • COMPANY NEWS
    • 446 11 ONTRADE International Ltd, a Hongkong-based company now controlled by a group of Malaysian businessmen, has set up a HKJ2SO million joint venture r property development project with two other property developers the Ayala group and Kevin Hsu group, in Hongkong. The agreement was signed
      446 words
    • 88 11 THE FAB BMrt Baak has SmTSm «ms Grasp* ef r*isac<i sad llisrtisr*! inHies ss Tto Isrlsdis ef the sew aftw the CMs ZmStj racaS jdjai! central af the far Ing pnrt af (he haakVasaeta |S|CMkasA agreed between >«W*g Is the hank, the flingfciag Baak
      88 words
    • 1340 11 ■irket Talk... OVERSEAS Union Bank, one of the "Big Four" Singapore hanks, has been given a bullish rating by local stock broking firm, Oag 4 Com/may. In a detailed analysis on the banking group in its February Ongco Digest, the stock broking firm recommended
      1,340 words
    • 229 11 Reuter IMPERIAL Chemical Industrie* Ltd said the underlying trend of its business is not as satfcCactory as the improvement in fourth quarter results would suggest. Fourth quarter pre-tax profit rose to £114 million from £7 million in the yearago period and CM million
      Reuter  -  229 words
    • 484 11 THE Kuala Lumpur Stock Exchange has told fapv Pi i fa ill (Malaya) that its letter retarding the disposal of United Pulp and Paper Company (UPP), doss not indicate any Arm buyer. The ELSE has asked for full details if and when the company has a Arm buyer.
      484 words
  • ASIAN STOCKS
    • 270 11 HONGKONG STOCKS IN Hongkong yesterday closed marginally higher after some softness in the morning, but trading was quiet due to a lack of fresh incentives, brokers said. The Hang Seng index closed up 6.60 points at 1,271.60, after losing 8.39 by 1100 hrs. Among leaders, Cheung Kong
      270 words
    • 135 11 OIL STOCKS in Sydney yesterday returned to favour as general trading took on a steadier tone in the wake of heavy talis earlier in the week, dealers said. At the close the All-Ordinaries index stood about a point up at 491, a loss of about 16 points
      135 words
    • 369 11 SHARE prices in Tokyo yesterday closed lower In light trading on continued selling of bine chips and export-related shares, .'with operators worried about mounting trade friction, dealers said. The market average fell 31.94 to close at 7,548.51, with a turnover of 900 million v shares. The
      369 words
    • 40 11 ro ■•fata totwiniiii am* rmn ia M +M 41 "STSSTivlU 41 -%M M ■Mb Mi 4 Ml Jwctar ■H CUT Ww"** 1 m «*b •MMk mi r» nwu DM aai I nz 0* OMp *1"*^ Hi Md> P»>Mi n>V
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    • 73 11 THE Manila market yesterday closed mixed as the commercial/industrial sector and oUs Armed and miners eased, dealers said. Turnover rose to 824,000 pesos. nm m Ute| Pmm Uk) ON. Atlas on. A B n SSmtc! M. B tm •4 tU CDCP tm M MWfcfcp Ul vnrft OrtMHal A OrtMMal
      73 words
    • 53 11 FINANCIAL TIMES INDUSTRIALS Thursday 861J Wsdaasday SOU Week Ago 962-2 DOW JONES AVUAGK INDUSTRIALS Thursday OtU Wednesday «36.77 Week Ago WM HJLHANG SENG Friday UT14 Thursday 1MB 00 Week Ago 1M0.92 AUSTRALIAN INDUSTRIALS Friday «35J Thursday 83«. 1 Week Ago «40 J ALL ORDINARIES Friday SOi Thursday «0.0
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  • 798 11 LONDON, Thar*. The market turned mixed after ICI said it had so Arm evidence of a sustained Improvement in demand this year. This comment, which accompanied 1981 results, and fairly Wge institutional selling, cut short an opening rally, prompted by the rise on Wall Street last night. The
    798 words
  • Page 11 Advertisements
    • 249 11 IMlik-iv y 2*. f Philips' ILLUSTRATED jfojilflli ATLAS XhdPli WP» **Qmr*~trx£. A sti3 XS KVV THE WORLD What makes PHILIPS' ILLUSTRA 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
      249 words
    • 234 11 OVERSEAS UNION SECURITIES LIMITED Announcement The Directors of Overseas Union Securities Limited art plsaisd to announce AUOITEO RESULTS FOR THE YEAR ENOEO 31 DECEMBER 1981 The Group The Company 1981 1980 1981 1980 8 8 8 8 2,452,518 2,490,803 2,454,425 1,984,940 (1,022,300) (1,134,600) (970,400) (949,600) 1.430,218 1,356,203 1,484,025 1.035,340 Above
      234 words

  • Chief Price Changes
    • 143 12 Rises Indices DtUk Baby HUM| Fta 1—>—— lads lku|ri-U M Buklai M rkv City Day Kali. Mai* U A C UOB CoM Storage 230 775 as 740 on 500 250 348 212 430 420 400 20 15 5 5 5 +5 4 3 2 +2 +2 Feb 25 BT
      143 words
    • Article, Illustration
      145 12 SHAKE prices aa the Stack Exchange af Stanpare Ml her— the heard yesterday, giving ap theprevle«i twe day's fee We attempt at a rally. The Straits Times Industrial Index shed li) paints te 744.73, while the Easiness Times Indlcater lest 411 paints te *****5. Rises Indices Inch KK
      145 words
  • 300 12 SHAREHOLDERS of Overseas Union Securities (OUS) will receive a higher gross dividend of per cent (against 5 per cent previously) for the year ended Dec 31,1961. The increase in dividend rate puts OUS slightly ahead of two other listed investment trusthKpeneral Securities Investment
    300 words
  • 168 12 AUSTRAL Amalgamated Tin Bhd's pre-tax profits for the six months to December 1961 declined a marginal 6 per cent to 16.32 million due to lower tin output. Total prouction of tin concentrate fell to 571 kg, representing a 13.5 per cent drop from the previous
    168 words
  • 407 12  -  Companies Editor: Mm Sabnai By CHOO AI LENG MR ALAN Yeo, managing director of Yeo Hiap Seng Limited, yesterday spoke out in defence of the company's decision to treat a $2.9 million exchange loss as an extraordinary item and explained why it appointed Goh,
    407 words
  • 478 12 BERJAYA Kawat, the Shah Alambased wire and cable manufacturer, has forecast a severe drop in earnings for the year ending April 1962. In a circular to shareholders on its proposed issue of 3.17 new shares, the company said it expects group pre-tax earnings of only
    478 words
  • 308 12 BAT Industries of UK is to reduce further its 64.5 per cent shareholding in Malaysian Tobacco Company to below 50 per cent by 1965. In compliance with the New Economic Policy in Malaysia, BAT, one of the world's largest cigarette manufacturers, has agreed to
    308 words
  • 219 12 UNIVERSAL Cable, now one of the largest cable manufacturers in Malaysia, has taken yet another step in upgrading its production facilities. Wholly-owned subsidiary Chong Shing Cables Sdn Bhd has installed a new ca ternary continuous vulcanised (CCV) line to produce rubber insulated wires and cables mainly
    219 words
  • 528 12 SELANGOR Coconuts, the 57.6 per cent owned subsidiary of Kuala SkUm Rubber Company, has sold 40.5 hectares of its Buklt MertaJam Estate in Kedah (or Ms 4 milUon. Bukit Mertajam Estate, the biggest of the group's seven estates, covers 3,993 hectares. The contract for
    528 words
  • 171 12 MALAYSIAN kuker Data* Asmaa Haahim if believed to be trying to raise M$M mllllea b the linmtli maaey market to flaaanr to parehase ti a majsrlty ■lake to Arab-Malayatoa Devetopmeat Baak. He AnM eaeeaater m dlfflealtlM to raHag the faads, U bis prepsaed aeqal•Hba af
    171 words
  • 149 12 THOSE awl to Had eat whs will be Km sew member •f the Hnnw Stock Exnbsagg niMialtti ni will have to watt till M—day whea the Twe stonhtash—, Un Tah Hwa at Urn Seeaiittoa aad Deagiaa <M ef Kim Eag Secaritfee, an i ialialto| the
    149 words
  • 607 12 TAKING STOCK... by HOCK LOCK SIEW NEARLY eight months have passed since Metro Holdings reached an out-of-court settlement with Ngee Ann Kongsi on the lease dispute over Orchard Square. Just as fast as Metro's share price shot up during the stock market and property boom, interest in
    by HOCK LOCK SIEW  -  607 words
  • 52 12 THE STOCK Exchange of Singapore said it temporarily suspended trading in the shares at Par EastLevingston Shipbuilding Ltd yesterday morning. The suspension was at the request of the company pending an announcement, the SES said. The H shares of the company were last traded at 15.30
    52 words
  • Page 12 Advertisements
    • 297 12 Worldwide management experience at your fingertips. Wor c Executives r Digest Styles of Managing I. Five Basic Styles and their Uses Michigan Business 11. Matching Styles to Situation "Situation Management" 111. The People Interface "Techniques of Leadership IV. Can a Leopard Change His Spots? "Managing with Style" Golf: a Love-Hate
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  • Page 12 Miscellaneous
    • 56 12 OUTLOOK tor Singapore today: Generally fair. Fair and windy. Bepert tor U hNn prtor to 7JI pm ea Feb a at the alrpert: Maximum temperature 32.7 Associated humidity 51 Minimum temperature 23.0 Associated humidity 95 Hours of sunshine 10.75 Rainfall in millimetres Nil Total rainfall for the month 27.8 Total
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  • LEISURE TIMES
    • 624 13  -  RECORD RICHARD SEAH MATTHEW TAN will always be remembered as the Singapore Cowboy, the local boy who made it to Nashville. Few Singaporeans, however, share his enthusiasm for country and western music. So he decided to shed the Matthew of Matthew and the Mandarins image and has
      624 words
    • 979 13  -  WEEKEND eOUBBET By T PHADOEMCHIT FOR IT TO BE a poem, a menu has to be planned with care. Take Raymond Thuilier's menu for instance. Although it isn't long, 10 balanced meals can be composed from it without repeating a dish. To some extent,
      979 words
    • 153 13 SUMMER »11 year round In Singapore, and Just the place for Sunseeker Sportswear to show off Its wide range of swimwear. Brought In courtesy of Ar juna Arts, the Western Australian swimwear manufacturer boasts more than SM different styles. BUmpy bikinis, daring maillots w well
      153 words
    • 891 14  -  SINGAPORE GOLF OPEN Guess who will be joining this year's Singapore Open Golf Championships? Remember Yoshiaki Ono (left)? Yoshiaki caused a sensation last year when he achieved an elusive hole-in-one at the 17th hole of the third round of competition and turned down $80,000 worth of prizes
      891 words
    • 434 14 THE SINGAPORE Sports Council has submitted for planning approval its plans for a multiple sports complex which will be located between Avenues 7 and 9 at Ang Mo Kio. Ten squash courts to be built at an estimated $1.7 million are to be constructed alongside eight
      434 words
    • 929 14 ■OTOBIM with Hermes IN THE GOOD old days when petrol was very affordable, very cheap by today's standards, every time a manufacturer wanted to produce a faster car, the firm's engineers would merely come up with a bigger engine of higher
      929 words
    • 975 14  -  mm By RONALD KOW THE POPULARITY of soccer is measured by the level of spectator support. While one fan cannot be at half a dozen or so venues watching games that are scheduled to be played at the same time, 60,000
      975 words
    • 326 14 TODAY: GOLF: Warren: Warren Open 'B' division today (morning and afternoon). About 120 golfers, representing seven golf clubs and with handicaps between 13 and 18, are competing. Changi: Jim Seah (8) meets Lawrence Tay (17) in the Matchplay Championship finals this afternoon for the Tan Kong Eng
      326 words
    • 94 14 TOP AUSTRALIAN golfer Graham Marsh was disqualified yesterday from the US$l3O,OOO Hongkong Open Championship (or marking his score card incorrectly in Thursday's opening round, the organisers announced. The 38-year-old pre-tour-nament favourite had turned in a disappointing five-over-par 75 after his round over a par-70
      94 words
    • 89 14 WORLD CUP holders Argentina may pull out of a friendly soccer international against 1974 champions West Germany, scheduled to be played in Buenos Aires on March 24. Argentine manager Cesar Luis Menotti said last night he would ask for a cancellation unless he coukl field the six River
      89 words
  • Page 13 Advertisements
  • Page 13 Miscellaneous
    • 472 13 r -f r >■ TX\ M •VI -v.' -J® 'University lock-up' by Toni Schneiders at Spotlight Germany, a photographic exhibition, at Goethe-lnatitut CONCERTS row. Richard Harris continues in the THE Singapore Symphony Orchestra presents another Familiar Favourites concert tonight at 8.15pm. Programme includes the themes from Star Wars and the
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