The Business Times, 16 October 1982
1982-10-16
1
12
https://www.nlb.gov.sg
https://eresources.nlb.gov.sg/newspapers/browse/biztimes
The Business Times
-
Title Section11 1982-10-16 1 BUSINESS TIMES M.C.(P) No. 93/1/82 SATURDAY, OCTOBER 11, 1182 60 CENTS11 words
-
553 1982-10-16 1 LEE HAN SHIH - By LEE HAN SHIH THE Housing and Development Board is spending HO million to install a telemonitoring system (TMS) in each of the 5,000 lifts in existing housing estates. The board expects the installation of the TMS, at the rate of 1,000 a553 words
-
Article90 1982-10-16 1 THE Development Bank of Singapore will reduce its prime lending rate by a quarter point to 9.5 per cent on Monday. The savings and fixed deposit rates will also be cut by a quarter point across the board. The new rate for savings will be 7.2590 words
-
426 1982-10-16 1 AP US PRESIDENT Ronald Reagan's nomination of career diplomat John Holdridge, a leading China expert, as the new US Ambassador to Indonesia fills one important diplomatic gap but leaves open his current job, the critical policy post of Assistant Secretary of State forAP - 426 words
-
212 1982-10-16 1 BANKS la Bhw« are ptoclag greater wipfcyh ea en la their tree—ry aeeds, wtth a Iseal kuk Halag la to provide this specialised The Devetopmeat Baak ef flat pern. whfek reeeatty ptwTh keltofd to ke the first toeal kaak to place ee BMeh emphade ea212 words
-
511 1982-10-16 1 LEE YOKE MENG - By LEE YOKE MENG SINGAPORE ranks second, after South Korea, in an international survey on investment of personal savings in 13 countries in America, Europe and Asia. The survey, completed last year by the International Cooperative Insurance Federation (ICIF), shows that some 18 per cent of511 words
-
Article276 1982-10-16 1 NTUC Income's special insurance policy for young famiiw helped to push the cooperative's sales of life policies in the first nine months of this year to a record $241 million in sums assured. Trade and Industry Minister Dr Tony Tan, said Income's sales in terms of276 words
-
BRIEFLY...
-
Article96 1982-10-16 1 Reuter A LEADING Wall Street economist says the Federal Reserve, the US' central bank, has headed off a depression with its decision last week to place less emphasis on controlling the growth of the nation's money supply. Albert Wojnilower, the influential chief economist for the First Boston brokerageReuter - 96 words
-
Article71 1982-10-16 1 UPI LEBANESE armoured columns moved into Christian east Beirut, beginning a delicate operation of disarming 20,000 Phalangists while new artillery battles emipted yesterday between Phalangist and Muslim forces east of the capital. Beirut's As Safir newspaper said 12 people were killed and another 60 wounded in 24 hoursUPI - 71 words
-
Article68 1982-10-16 1 Reuter BRITAIN'S annual inflation rate has fallen to 7.3 per cent, the lowest for 10 years. The government announced yesterday the rate, based on the retail price index, fell to 7.3 per cent in September from the August figure of 8 per cent. The index fell byReuter - 68 words
-
Article92 1982-10-16 1 AFP WESTERN Europe will receive 19 per cent of its natural gas from the Soviet Union in 1990 although no single country in the European Economic Community will depend on Soviet gas to meet more than a third of its comsumption needs. The prediction was contained inAFP - 92 words
-
Article68 1982-10-16 1 AFP THE tripartite leaders of Japan's ruling Liberal-Democratic Party yesterday failed to pick a successor to Prime Minister Zenko Suzuki through negotiations, setting the stage for a party primary. The three leaders that included former Prime Minister Takeo Fukuda, party secretary-general Susumu Nikaido and Mr Suzuki, brokeAFP - 68 words
-
Article68 1982-10-16 1 Reuter THE Japanese government's Fair Trade Commission said it will authorise 12 Japanese petrochemical firms to form an anti-recession cartel to regulate ethylene production until end-March 1963. The firms, including Sumitomo Chemical Co Ltd, Mitsubishi Petrochemical Co Ltd, and Mitsui Petrochemical Co Ltd, will limit ethylene production duringReuter - 68 words
-
Article62 1982-10-16 1 AP FUELLED by sharply falling car costs, prices at the wholesale level in the US fell in September at an annual rate of 1.7 per cent. The monthly decline, the fourth this year, was also driven by lower food and energy costs, the Labour Department said inAP - 62 words
-
-
220 1982-10-16 1 THE Pent am Devetopmeat Cirynttw (BDC) laearred a set deficit a< $MS/HS ia Hi flasartal year eaded March SI, IMS against a sarpias ef UMM «yThe Mldt Is malaty dse la mlsries, aUnriatw aad Ceatral PrtvUnt PM Ma* trfhattoM for tts sta(l.J)uj MiptayMs220 words
-
463 1982-10-16 1 Reuter THE Indonesian government is considering a US$7.5 billion plan to build a 3,000-km gas pipeline linking the gas resources of the Natunas, Sumatra and Java. A preliminary study conducted by the Dutch Gasunie Engineering Company and the Amsterdam-Rotterdam (Amro) Bank NV, presentedReuter - 463 words
-
Page 1 Advertisements
-
Advertisement247 1982-10-16 1 TO Bookshops IKBUDIII THE US Federal Reserve is likely to start setting targets for interest rates in a major policy shift, and this could rekindle inflationary expectations, private economists said Page 2 VENEZUELA has submitted terms for a proposed refinancing of a portion of its short-term foreign debt to its247 words
-
Advertisement74 1982-10-16 1 c rotate 8000 ELECTRIC tvping made enioyable s Mso vN^ a a t>\e^ CADDIE-RAND (Si PTE LTD Showroom 206 Coronation Plaza Singapore 1026 Tel: *****41 Also available at ACE UNITED OFFICE MACHINES SUPPLIES TEL 2506 861 CENTRAL TYPEWRITER OFFICE EQUIPMENT TEL *****50 EASTERN UNITED TYPEWRITERS PTE LTD TEL *****72 FAR74 words
-
Advertisement93 1982-10-16 1 The Singapore s Straits Business Times World DIRECTORY at your Qf Fingertips Singapore (Buku Merah) GRAND SLAM by /MJNSING\NL4R USA Jk Professional golfer Keith Fergus selects the ultimate in comfort when he wears this GRAND SLAM golf shirt by Munsingwcar. Keith chooses GRAND SLAM because he cares alxiut fit, function93 words
-
-
BANKING AND FINANCE
-
835 1982-10-16 2 Reuter THE US Federal Reserve is likely to start setting targets for interest rates in a major policy shift, and this could rekindle inflationary expectations, private economists said. "Riey expect the Fed to seek a target for the federal funds rate of 7.5Reuter - 835 words
-
208 1982-10-16 2 CHASE Manhattan Corp In New York said its loan loss provision in the third quarter rose to $75 million from $52 millioa a year before, and net charge-offs rose to $68 million from $24 million. Its aJat-flMoth loan provision jw $186 million, up208 words
-
482 1982-10-16 2 THE Bundesbank is likely to cut its key interest rates by one percentage point next Thursday if the US dollar/ Deutschemark rate remains stable, West German Giro and Savings Bank president Hehnut Geiger said in a radio interview. He told Deutschlandfunk482 words
-
Article230 1982-10-16 2 THE Development Bank of Singapore will be opening three new branches which will bring its domestic branch network to 22 by February next year. Mrs Ho Bee Lian, manager of domestic branches (planning and administration), said the branches will be set up to provide230 words
-
125 1982-10-16 2 Reuter AMERICAN eecMßlit M array H—>— US Treasury fins a Hag reqilniiato. estimated at ustin MlHsa far fiscal 1983, ceaid nattear at thai level aver Ike next twe fi»M»r!f la a speech far the Ceatre far hteitlsil Bastneae, the farmer chairman af PraMift Beagaa's CeaaellReuter - 125 words
-
Article85 1982-10-16 2 Reuter BANK Negara Malaysia said its gold and foreign exchange reserve* fell to M 57.95 billion at end-Sep-tember from (8.36 billion at mid-September but were above die $7.12 billion at end-August. The Malaysian central bank's total assets Ml to &1.94 Milk» on Sep 30 fromReuter - 85 words
-
504 1982-10-16 2 Reuter VENEZUELA has submitted terms for s proposed refinancing at a portion of its short-term foreign debt to its creditor banks and the banks appear to be satisfied with them, nlr lr>g sources said. The terms, submitted by Venezuelan Finance Minister Luis Ugueto in meetings withReuter - 504 words
-
Article260 1982-10-16 2 Reuter SOME UK and West German hanks have withdrawn from France's planned US$4 billion standby credit. French hanking sources were unable to specify which banks or the number involved but said the withdrawal would not be sufficient to put the credit In doubt German banks whichReuter - 260 words
-
361 1982-10-16 2 dC J THE OS dollar to substantially overvalued at present cross rate parities, by ss much as V to S per cent sgainst the Dsutachemarh and Swiss franc and 10 to 15 K cent against the yen, the Henley Centre for Forecasting said.361 words
-
280 1982-10-16 2 THE current financial problems at Latin American and East Bloc countries highlight the need for a (aster flow of information on the scope of international indebtedness, Wilfried Guth, Joint management board spokesman of Deutsche Bank AG, said in Geyershaft, Luxembourg. Speaking at a280 words
-
235 1982-10-16 2 AP VATICAN and Italian officials have been meeting secretly In an effort to reach an amicable settlement and stem a growing public outcry over a major financial scandal involving the Vatican Bank, a top Italian Christian Democrat official said. "There is only one wayAP - 235 words
-
MONEY AND EXCHANGES
-
Article21 1982-10-16 2 THE average rata at >wllfhaai4sv Singapore baaka- are currently prepared to laad to tkair bast customers la 94 par cant.21 words
-
Article171 1982-10-16 2 ASIAN ASIAN currency deposit interbank rates as at close on Oct 1& USMUnjSpi) 7<Uys io an 1 month 10H M 2 months 10H 10H Smooths 10 7/10 105/1# 6 months 109/10 107/16 months 10* 10H 13 months 10* 10* DM. NM /MUiL f. I 1 month iumm mom) 7 Vie171 words
-
Article40 1982-10-16 2 RANGE at prt am oflii «d by dlscount Immm oa Oct 15: OmM: m CftDfepotfts: CMi 3-month Treasury bills I* 3-month Bank bills 7* 7* 3 months CD 7* 7* e months CD 7* 7* Source: National Discount Co40 words
-
Article124 1982-10-16 2 THE US dollar In Hongkong yesterday eased against all major currencies in quiet, late trading, dealers said. The dollar eased on lower Asian dollar deposit rates, of which both Three and Six Months lost 1/16 from earlier to 10 Vi Vt and 10*7/16 5/ 16 respectively. It drifted down124 words
-
Article461 1982-10-16 2 TRADING yesterday was quiet with little fluctuations. Against the major currencies, the US dollar opened In line witn New ion t CMMg rates and was traded lower through the day but rebounded when the European centres opened. Against the local currency, the US dollar opened at $2.19«)/«. slightly461 words
-
Article213 1982-10-16 2 THE DOLLAR for overnight delivery In Tokyo yesterday closed easier at 268.90 yen against its 268.50 opening as overseas centres sold the US currency ahead of the weekend to adjust posticus, dealers said. The finish was below the 269.30/50 New York close overnight, but still above the 265.75 close213 words
-
Article313 1982-10-16 2 GOLD FUTURES in Singapore yesterday closed generally easier in quiet trading reflecting a decline in overseas gold prices. Total sales for the day was recorded at 53 lots while kerb volume at 311 lots. PromDt closed easier at U*****.50/435.00 an ounce against 439/441 in New York overnight, December at313 words
-
Article33 1982-10-16 2 New York 9.8SB MB 9.87S 10 JOS Zurich 10.Q0B S.CB MV »55S PM Than Sin£*P°re •OB MB f.TSS 10 068 CVwfrnt in US< Mian a troy ouac Source: Credit Suisse, S'pore33 words
-
Article51 1982-10-16 2 Opening quotes yesterday: US -1.108/8 cu-roM/m Croat lJBi/ll D Mk OM SH D n «.«MB s Ft i tm/T b Ft cob —nn/m F Ft aiM/» Ut J40J5 Yen «8.35 U D Kr 1SJMB/88 N Kr 12.3303 "510 S Kr 12J0S5/JU Aub ad> »15 IB Port 151.52 152.52 Spain51 words
-
-
-
Page 2 Advertisements
-
Advertisement362 1982-10-16 2 i i«i V t x 4 r Ni y M £$5 Important information should move faster than your delivery cart. OFIS™ writer 400. Instant delivery. There's a new way to distribute vital documents instantly within your organisation. The new OFIS" writer 400 from BURROUGHS. It gives you in-depth word processing362 words
-
-
TRADE AND INDUSTRY
-
528 1982-10-16 3 RICHARD SEAH - By RICHARD SEAH A LOCAL piling company believes it may be setting a world record (or completing a piling Job in double quick time. Hume-Balken last month started on its $9 million piling Job at the site of the proposed Mandarin528 words
-
197 1982-10-16 3 THE Home Appliances Manufacturers and Importers Association (HAMIA) has agreed to the formation of a watchdog committee to regulate the electrical and electronics trade. In a meeting with the Consumers' Association of Singapore's executive secretary, Mr Ivan Baptist, yesterday, HAMIA president Toh Staung197 words
-
414 1982-10-16 3 TEXAS Instruments expects to generate at least 85 million to |8 million in revenue atmnafty from a new range of business computers here. The computers, casting between 810,600 and 8126,000 each, were designed with several features which the company414 words
-
390 1982-10-16 3 THE Schott Group of West Germany, a leading special glass manufacturers, has set up a technical and coordinating service centre hi Singapore to serve the South-east Asian countries. The local office will coordinate all activities of Schott's agents in this region. It will390 words
-
Article357 1982-10-16 3 A 16-MEMBER trade mission from the Manchester Chamber of Commerce and Industry will be in Singapore from today to Oct 22. Among the participants, Vaiasiere Clerc Enterprises will be considering the possibility of a Joint venture to sell processed Scotch salmon and controlled food portions357 words
-
Article, Illustration337 1982-10-16 3 A SEMI-SUBMERSIBLE accommodation and service platform was christened at the Far East-Levlngstoc shipyard yesterday. Named the Safe Felici* (atove), the vessel was ordered by Consafe AB of Sweden. The unit measures 82.1 metres X 69.7 metres X 33.8 metres, making it one of largest to be built337 words
-
350 1982-10-16 3 KOH TSE YING - By KOH TSE YING SUM Cheong Piling is inverting abOUt $6 mllUna tO upgrade its piling capabilities. The company, one of Singapore's leading piling groups, has ordered 70 units of anti-pollution equipment from the UK and the US. According to Mr IW Lau,350 words
-
Article300 1982-10-16 3 A MAJOR Japanese brand name will sooo be out to catch the eye and wallets of the large number of fashion conscious men in Singapore. DUrban Inc at Tokyo has formed a new company, DUrban Singapore Pte Ltd, to market its products on a wider scale300 words
-
-
Page 3 Advertisements
-
Advertisement88 1982-10-16 3 EXHIBITION Y//'e/j tvi c V AV v J <# "V* C*. r i :t ►4 >. ft- b't .*t r-* v s*x. <> •ir x 'f m v' *.r V mi> 4 A >; V «L* o C\ r,r a j\j BY/ -£-3X PATEK PHILIPPE t -^r' '3 Octooer 2088 words
-
-
OVERSEAS
-
258 1982-10-16 4 Reuter WEST Germany has upset hopes of an amicable end to the lengthy steel row between the US and Western Europe by rejecting proposed limits on its steel exports to the US. Officials from the 10 European Community governments failed inReuter - 258 words
-
461 1982-10-16 4 AP INDUSTRIAL production by the major industrial nations dropped for the fourth consecutive month in July, the US commerce department reported. The decline of 0.2 per cent was from June levels, the department said. Its index of industrial production in seven major industrialised countries stoodAP - 461 words
-
WORLD IN BRIEF
-
Article434 1982-10-16 4 Agencies ITALIAN authorities, acting on information from one of the kidnappers of US Brigadier General James Dazier, want to arrest Palestine Liberation Organisation leader Yasser Arafat (or supplying weapons to Red Brigades terrorists, legal sources in Venice said. The PLO office in Rome called the request far anAgencies - 434 words
-
-
507 1982-10-16 4 AP THE UNITED States' share of world exports of manufactures declined in the first quarter of 1982 to 19.4 per cent. The US Department of Commerce reported on Thursday this was the third successive quarterly decline in the US' share followingAP - 507 words
-
211 1982-10-16 4 UPI THE BRAZILIAN government has introduced legislation to nip in the bud a potential growth industry in the current depression sale by private individuals of their corneas, kidneys and other organs {or profit. Newspapers in the country have been carrying numerous classifiedUPI - 211 words
-
Article95 1982-10-16 4 UPI CALIFORNIA'S grape harvest is in full swing and it looks like another good year (or America's major supplier of wines and raisins. For wine lovers, it should be a buyer's market because of the quantity of good wines being made available from three years of bumperUPI - 95 words
-
293 1982-10-16 4 Reuter FULL-SCALE commercial operations for mining the vast mineral deposits of the sea will be in place by the end of the decade or early in the *****, leading US industry and government officials predicted. James Winchester, a commerce department official, tokl aReuter - 293 words
-
383 1982-10-16 4 AP SAUDI Arabia and its Arab allies in the Gulf Cooperation Council (GCC) have told other members of the Organisation of Petroleum Exporting Countries that their production and pricing were leading to a worsening crisis for the oil producers The assertion came inAP - 383 words
-
304 1982-10-16 4 UPI TWO CARNEGIE Institution scientists reported on Thursday the first known successful insertion of a cloned gene Into the hereditary material of a complex organism, with the gene working over succeeding generations. Although the researchers accomplished the genetic engineering (eat in a fruit fly, theUPI - 304 words
-
Article498 1982-10-16 4 AT CONVENTIONAL WHARVES Vewel Berth Agent Arrival Departure KEPPEL WHARVES Agnes Venture Alrasl Builder Feng Mao Oen 8 Poplawskl Providence PMagsaysay Seng Olap Timber Fortune Torre na Vlshva Yash WahFal Ned Fresco Barber Talf Cherry Bagus Equator IV Kota Pahlawan Ned Waalekerk Palms tar Virgo Perils Rainbow498 words
-
140 1982-10-16 4 AP ABOUT 685,000 Americans filed first-time claims for unemployment benefits in the week ending Oct 2, the second-highest level of the year, the US Labour Department reported. The figure, considered extremely heavy by employment analysts in private business, followed a revised flHng totalAP - 140 words
-
598 1982-10-16 5 NYT AFTER a generation of harsh political conflict and some armed skirmishes, the Soviet Union and China now seem intent on achieving "normal" relations. That is the assessment in Bucharest Rumania is in the best position to know it has long passed messsgen betweenNYT - 598 words
-
170 1982-10-16 5 AP LOBD Belstead, British Persign Otfles Minister sf Slate, mid Mtels tosls its the latere sI llisglisg "eaa he nitmiOti sni an agreeLeri Belstead, whs has «a the sesgrsss sf his Is British eeSsw Hi listed 88 year lease gri sIAP - 170 words
-
Article686 1982-10-16 5 ARRIVALS Service Local Operator Nuiber TUm Frea MAS MHG01 MO KUL MAS MHB2 MS KCH RBA mm 1000 BWN MAS MH671 1020 KUL SIA SQffll 1090 HLP CPA CX710 1035 HLP SIA SQioa 1035 KUL MAS MH8U 1040 PEM GIA GAM 1100 HLP THAI TG403 1140 BKK686 words
-
728 1982-10-16 5 Reuter HOPES have all but faded that a world trade conference in Geneva next month will take any effective steps to stop the growing world trend towards protectionism, trade diplomats preparing the meeting said. Trade ministers from the 87 member countries ofReuter - 728 words
-
339 1982-10-16 5 Reuter A TEAII of Israeli and American official» baa started work on planning the withdrawal of Israeli forces tram Lebanon and ensuring the security of Israel's northern border. The working group began its discussions on Thursday night after (Our hours of between SecretaryReuter - 339 words
-
307 1982-10-16 5 AP PRESIDENT Ronald Reagan said the US Government will hire up to IJOO more federal agents and investigator* and set up a doaen task force» across the nation as part of a strategy to "expose, prosecute and ultimately cripple organised crime in America".AP - 307 words
-
225 1982-10-16 5 Reuter POLISH authorities have disclosed that a 20-year-old m«n was shot dead by a plainclothes policeman daring fierce street clashes which rocked the southern city of Krakow on Wednesday. They said Bogdan Wlosik was shot after the policeman was knocked to the groundReuter - 225 words
-
407 1982-10-16 5 Reuter A PROPOSED Pacific summit is expected to be the key Item on the agenda when General Suharto arrives In Seoul today for the flnt visit by as Indonesian president to South Korea. President Chun Doo Hwan propostd a summit meeting of headsReuter - 407 words
-
207 1982-10-16 5 Reuter THE Japaneae economy cannot be further stimulated by relaxation at fiscal or monetary policy without inflationary consequences. Finance Minister lOchio Watanabe said despite the massive flotation of government bonds over recent years to finance deficits, Japan has tun f full jiReuter - 207 words
-
214 1982-10-16 5 AP TAIWAN'S gross national product (GNP) growth In 1982 is expected to improve by 4 per cent or 5 per cent The US Department of Commerce Mid on Thursday wholesale price inflation will remain moderate at 5 per cent or lev. 'Taiwan'* growthAP - 214 words
-
Article156 1982-10-16 5 Reuter HONEYWELL Information Systems Ltd, a subsidiary of Honeywell Inc is launching a new range of very large systems (VLS) computers with four times the procsMiag power of its largest existing system. Vice-president and managing director Brian Long Mid the release of the DPS-88 computer family winReuter - 156 words
-
-
Page 4 Advertisements
-
Advertisement264 1982-10-16 4 The Office Book Ideas for creating your company image through design THE OFFICE BOOK is the first comprehensive, practical guide to planning, designing and decorating the modern office, with professional advice on how you can translate these ideas k into your own office, whether i large or small. Starting from264 words
-
-
Page 5 Advertisements
-
Advertisement380 1982-10-16 5 October 1982 February 1983 June 1983 j t v \bu'll be glad you chose a personal business computer with power enough to grow with your needs. The ICL Personal Business Computer Choosing the wrong personal computer can work out very costly, because though they grow to meet your needs, they380 words
-
-
Article436 1982-10-16 6 A judge in Toronto has overturned a lower court verdict against a young woman convicted of soliciting potential clients on a sidewalk. The judge said that if politicians could solicit support whilst electioneering, he saw no reason why the woman should not do so, even though her purpose436 words
-
Article, Illustration554 1982-10-16 6 ROGER CRABS - Gone are the bronze lions outside the old Hongkong and Shanghai Bank building but snatches of the past the brass title of Banque de I'lndochine still catch the eyes of travellers. Shanghai, China's greatest port and most vibrant city, has always been different. WithReuter - 554 words
-
Article, Illustration618 1982-10-16 6 ROBERT RICCI - By ROBERT RICCI Reuter VOLKSWAGEN cars have fallen out of favour with US buyers, who have not transferred to recent models the affection they felt for the immensely popular "Beetle". High prices, weak styling, strong Japanese competition and ineffective advertising spell serious trouble for Volkswagen'sReuter - 618 words
-
Page 6 Advertisements
-
Advertisement188 1982-10-16 6 Tff® m mc t "f j iv- j -fl l1 I I fu» UA IRBii If you want to reach manufacturers, exporters and importers, then Shipping Times is the right advertising medium for you It you're a freight forwarder or in anyway connected with the shipping and cargo business, Shipping188 words
-
-
Page 6 Miscellaneous
-
Miscellaneous1096 1982-10-16 6 SINGAPORE 5 12.50 PM Opening Mowed by Sesame Street 1.50 Saturday Matinee Gaßeo 4.15 World Cup Soccer '82 CMo n Austria (First Round Match): The World Cup may be over but the memory still lingers on. This match pits Austria, capable of entering the next round, against Chile, whose chances1,096 words
-
-
Article, Illustration829 1982-10-16 7 LESLIE MAITLAND - By LESLIE MAITLAND NYT ONLY one courtroom In the US is permanently closed to the public. Located in a vaultlike chamber on the sixth floor of the Justice Department, its locked door is always guarded and its walls are insulated. It is regularly inspected for signsNYT - 829 words
-
856 1982-10-16 7 ERIC PACE - ERIC PACE examines the influence oI the new electronic media ot videotex and teletext on the US advertising industry ERIC PACE NYT THE number of products being advertised through videotex and teletext, systems for conveying written material and graphic Images onto screens in homes and elsewhere,NYT - 856 words
-
Article573 1982-10-16 7 GUY de JONQUIERES - By GUY de JONQUIERES FT MOBILE telephones, long a privilege of VIPs such as government ministers and senior executives, are about to become a mass market. Within the next five years many countries plan to launch new systems with vastly increased capacity which will turn two-way mobileFT - 573 words
-
Page 7 Advertisements
-
Advertisement703 1982-10-16 7 H \IKM \N ;*T' v ►i. < o H < K H Z H—« z < H z H s H O < Z s H -95 ca H z o o z o M o u DH CC z o u to s K > J C cc K703 words
-
-
Page 7 Miscellaneous
-
Miscellaneous595 1982-10-16 7 -IN-OIE CROSSWOBD CRYPTIC PUZZLE ACROSS 1 Form of darts (or one player (5) 6 School game (5) 9 Inquisitive about anything strange (7) 10 May be riveted, but you shouldn't boh it (5) 11 Bums, as someone's ears (5) 12 Miscellaneous lists of openings (5) 13 Roy gives a little595 words
-
-
Page 8 Advertisements
-
Advertisement272 1982-10-16 8 Where to wine, dine and entertain ESSE with the American Express' Card "if you don't already have the Card; call *****33 for an appMcation form" PP^S^WP ITT7", ,m S3 Wp* t '«J£§ >4?* i &&£1 t*A price, witn tongue tickling delights like Curry Ayam,Chap Cbye and Sambal Timun, just to272 words
-
Advertisement124 1982-10-16 8 f*JAPANESE RESIMHMNT For sushi. for teppanyaki For other authentically Japanese delights r< 'vm (Ml. /.">/' i JL® <*■ il 111*\ I i i*lv Slicriiii hi i iJ4ii| offers 10.30 a.m. 3 p.m. $21 per person Please col *****88 «d 663 tor reservations HYATT f?EGtNCYOS<NGAFORf /T. M ?k R ft 2s124 words
-
Advertisement157 1982-10-16 8 The ported end to a romantic dri\ e. 11\ I 1 V r VINI\ I k N ill H i lV!!:,' ,r, >v i Jcrapeffiif' in t- > -1' Reservations Tel: 2V4 1 183 S^Jood-fffmtrc I he I'resident Lounge W here tk' musics liu\ ■-> ainl the spirits* •y£j?sparkling hri«Mv157 words
-
Advertisement151 1982-10-16 8 A I K BUNGE 7\ Get into the beat with Asia's leading jazz musician, Louis Tan. At The Lounge. Every night.* It's the nicest way to jazz up your favourite drink. S s ft J t la Dine in the grand tradition of emperors m PINE COURT VV here sumptuous151 words
-
Advertisement82 1982-10-16 8 Panang Road. Singapore 0023. Tal: *****11 (20 itnM) Qgsais? restaurant celebrates its 2nd Anniversary And as part of our celebrations, guests will be presented with a 1963 Calendar—displaying the finest works of renowned Chinese artists. Limited stocks only ■n fit 214, Dunaam Road, Singapore 1129 Tat *****49,*****22 Ext 130 r82 words
-
-
RAW MATERIALS
-
Article175 1982-10-16 9 Prifcti Bt aha age, Oasapars, aaaa elastaf prim Onml ttt: Bulk fob <85.00 old drum (In second -hand drum) fob $96.00 aeliera, '"new drum fob $102.00 sellers Cspra: Mixed (Ioom) >45.00 buyers. J Pepper: Mustek white pep- per fob Asta NLW $310.00 sell- ers, Sarawak white pepper faq175 words
-
Article142 1982-10-16 9 ;YARN and cottoo prices jvere quoted as follows in ttongkoog yesterday. (In HK dollars, spot ex-go-.down) Cattaa yarn: China Blue •Phoenix 20b 2,365; 32s 3,070, 40a 5,110 (per bale of 400 lbs). PaMstaa raw esttea: LSS «08, 4F «.05; 289F 6.12; NT foUer ginned 6.07 (per lb). fcLOTH in142 words
-
Article113 1982-10-16 9 w/nie Malaysian crude palm oil market yesterday closed ••'easier on pre-weekend selling pressure in moderately y, active trading, dealers said. In Oct central fell Ms2o to M|635 a tonne while south r and north lost Mill each to M 9644. In Nov south dropped MHO to M) 660113 words
-
Article189 1982-10-16 9 RUBBER PRICES IN Singapore yesterday closed slightly lower with November One RSS buyers quoted at 187.75 cents per kilo, down 0.25 cents from Thursday's close. Morning prices were marked down slightly on lack of follow-through buying support after a marginally lower opening. Afternoon prices remained quiet and featureless around189 words
-
Article32 1982-10-16 9 Rubber: Oct 15 Singapore: Nov: 187.75 cents (down 0.25 cent) Malaysia: Nov: 204.00 cents (down 0.75 cent) Tin: M 529.15 per kilo (unchanged) Offical offering: 130 tonnes (up 42 tonnes)32 words
-
Article71 1982-10-16 9 THE STRAITS TIN price la Pemg yesterday gtayed at the ITA fleer level ef M 121.15 a kfle (er the ninth eenseentive day, dealers said. In all IS# tenaes were seld against Thursday's 88. The BSM bought abent 9$ per cent *pd the rest was mostly taken np71 words
-
Article435 1982-10-16 9 R AS prices In cents per kilo yesterday: Mnnm rMOOfl (per kilo) Buyers Sellers Int. 1 R S S. prompt f.o.b. 135.75 18X75N Int. 1 R-S S November UX35 188 75 Int. 1 R.S.S. December 187 25 117.75 Int. 2 R.S.S. 175.50 177JON UK Coot 174J0 176.SON Int. 3435 words
-
68 1982-10-16 9 Destination This period Shipped Afloat tonnes tonnes Shipped tonnes Africa Australasia r'nrvrla Continent India Japan West Asia Pacific Singapore United Kingdom United States PPC godown 5 2,285 51 547 37 6.60 210 561 140 10 2 0.7568 words
-
Article280 1982-10-16 9 THE MARKET was awakened from its lethargy this week by steady demand for new current month, November One RSS, which gained 4Vi cents overall and achieved a premium over December, says BsMay, Caller aai Bath in its rubber review for the week ended Oct 14. The280 words
-
Article223 1982-10-16 9 SOYBEAN futures in Chicago on Thursday closed weakly mixed, ranging from IV* US-cents a bushel lower to 2V« higher as prices failed to close above key technical points. Large stocks at delivery points and trade expectations for more receipts for delivery next month weakened nearbys, traders said. Profr■tonal and-223 words
-
Article195 1982-10-16 9 WHEAT futures in Chicago on Thursday fell sharply on the close on long liquidation and a lack of buying to post new contract lows, off 10 to seven US-cents a bushel. Traders said record US stocks coupled with Soviet purchases from Canada and France, which further depressed US exports,195 words
-
442 1982-10-16 9 Reuter RUBBER INDUSTRIES In member countries of the Association of Natural Rubber Producing Countries (ANRPC) detailed measures they have taken from the beginning of this month to try to offset depressed rubber prices. Inro buffer stock operations alone are not enough to makeReuter - 442 words
-
Article175 1982-10-16 9 Reuter THE EUROPEAN Community is likely to bold sugar off the world market in an attempt to prop up international prices, officials said after a meeting of European Commission officials and producer representatives. But the officials and producer delegates at the talks declined to say what,Reuter - 175 words
-
Article929 1982-10-16 9 COFFEE: Robusta futures ended the morning mostly higher at £11 to £1 a tonne over Thursday night's close. Jan was £5 down and March unchanged. Volume was 1,551 lots including 167 selftrades and 26 options. Traders said early losses through commission house profit-taking were quickly erased as trade929 words
-
Article324 1982-10-16 9 SINGAPORE: Yesterday's closing prices in SJ per kilo, ex-godown: THAI WHITE: 100 per cent first class (Kangaroo) new crop 1.00, 100 per cent second class 0.78, 100 per cent third class 0.73, 25 per cent new crop no stock, B-10 per cent 0.72. THAI BROKEN: A-super 0.55. Special 0.55.324 words
-
-
INTERNATIONAL STOCKS
-
Article88 1982-10-16 9 OCT M F*» GIOUPB Cut* four 1SB +11 CORBKI1XK LVatm *IM aneb fSiXZi T i£2fc=s=S opn-PwttM imjo -u fcsjrcTbMMBo- m +ta «i—— >«» +u KBS&t— uuo +u +u omoup c ISiTEI 6 +4 s +i ffiBL. m OMMh MacblnMMl SMI +«J« 2L gjgg<»— s :r £gss mb 5— I5j88 words
-
Article138 1982-10-16 9 Opt M rrmne» ffinlnrr't I» nncb an -4 Mht aacTT IT» uneh 111iiiiI I l" awtatak» m grown Boiwl Br M» Swtaa Bank Oorp cifia (Mo Br. Mi Bac W +1 qKoSSrc MM swtLfu-uia» SaoSrBat CM +J MM +1* SttSSA rm +1» flwrSi Ba-tnaar Br tm MttkMN M 1«138 words
-
Article69 1982-10-16 9 OCT M Ur» w n- CMUrala Ort S3B 1W Good Acqu* Roaa W ♦> MM?— «M Hlluo AM Ort tfooMtartFrtv Sttvattl ONI ptraiU And C ptnUlSp* ■no >-no inn *n am *u mn +i-« tm +u ■oo wo qmwnu will* UpMtOnl inn +tm tm -n *m tm mm 44io69 words
-
Article58 1982-10-16 9 OCT M Dm laa 10 +OJ Aaf-Tatafunkan ■dr ar eaa DnadaarBank SI.MB 190 110.10 +1-1 S2 55" KM >0l1 MM +4S mm +tf MLM -44 mm 4i l-OJO -44 Hoaaefi Um Hortan UUO Karatadt tlUO 1CHD in JO tinda wtM m—i au Rn st a urrjg Scbarttc MJi Waaana58 words
-
Article164 1982-10-16 9 OCT M ABM ru Ml JO TJ KM KIM Iltmbt UJO MM mm unch OJ 0l5 MM MM 1J -0.1 Nitrtm Ntttoofti Ntd B.10 MOM Oil 44 AMBV MM +u Hmb IIOM 1J&J0 11 4 >■»>■> tsn= ■ota 41M MM I1M MM H4 Onurnmi PBktKMd MM MM ♦<L4 unch164 words
-
Article171 1982-10-16 9 OCT M a A MUM 17* M llpin a -i* B»| Mmt Bank Nmv Baoft B« Ift 9Hk _n Ball Tat a* BP Can Ltd a Braaean Had Liti IT* -H Can Imp Bk BH Panpar Carllng OVntl SSH M H catnuu a* CD BUirta A 17* H W171 words
-
Article241 1982-10-16 9 OCT M Rand INDU8TKIAL8 A AJptia TO unch A barton na 1B AX And Cl JBTtz: Bau-towi C O Smith m •M 4 rm tw in# unch M CMA CurrVi fiaiB TNB IB uncb DaBaaralnd Htui ■dears Pad Voik m unch ♦i Puclt uncb Oratamn HMd Lib Hotdi CM241 words
-
Article1069 1982-10-16 9 NEW YORK A WAVE OF profit-taking in blue chip stocks sent the market sharply lower yesterday and the Dow Jones industrial average fell below 1000 for the first time this week. The D-J average closed at a 17 month high on Thursday, but yesterday, it moved steadily1,069 words
-
-
Page 9 Advertisements
-
2326 1982-10-16 10 BID and offer prices officially listed and hniinrw in and reported to the Stock Exchange of Singapore yesterday, with the number of shares traded shown in brackets in lots of 1,000 units, unless otherwise specified. BECTCON ON* INDUSTRIAL COMMERCIAL Aeaa (2.588 2.628)2,326 words
-
Article3008 1982-10-16 10 Gr*s Or*s Net 1M a 1 Last Dtv Dtr YTd 1 P/E Vol Day Hlfk Low Cowyny 1 Sale +«r- CVr (*000) High Low 8ECTION ONE INDUSTRIAL ft COMMERCIAL aeo 341 Acma 258 -2 21.7 XO X4 3X0 4 282 380 AJcom 118 3.7 ox 34 9613,008 words
-
Article1674 1982-10-16 10 BID and after prto« officially bated ud burin— In and reported lo the Kuala l—inr Stock Exchange j—Hrrtay, with the number of aharea traded abown la biatteU In lota of 1,80 uatts, tmieaa otberwtae specified. tf i I (MB 1MB) (I) Mi (S) Ml AIM (L4M) LM1,674 words
-
518 1982-10-16 10 A MNOB retreat tm share priees M piece at the leeal sfeeek —losp yeefeerlor whea profit takers aoaie <Mr prsasa n tan aflghtly taaer, tketr terete. The wove of proAt-taktag la oeieetel flaaaee aai laiaoMal Uae ehlps «a« already wthst la the atntag. Bat518 words
-
Article571 1982-10-16 10 SOFTER trading conditions in the afternoon saw share prices closed mixed on the Kuala Lumpur stock market yesterday. Total turnover was slightly lower at 8.22 million units valued At M 520.65 million compared with Thursday's 8.54 million units worth $21.47 million. ShAre prices opened At overnight571 words
-
Page 10 Advertisements
-
Advertisement0 1982-10-16 10 }@"{/=).<''{;.'[;,.~]$">;@$^`{}0 words
-
-
COMPANY NEWS
-
776 1982-10-16 11 NYT NOT ALL top executives are eager to plunge into the high risk and excitement of a takeover battle. James H Evans, chairman and chief executive officer of the Union Pacific Corp, prefers a lower-key approach to expansion. His company's forthcoming friendly merger withNYT - 776 words
-
Article172 1982-10-16 11 8DNUP0U UNIT TSUR (Mmgiii' pHw Nr Oct 11) The Commerce 17f 2.13 Ite Savtaga Fund L9B L« S'pore Prog Fund 1.23 lJtzd S'pore See. Fund L« LM S'pore Invent Fund 1.00 1.06 S'pore Equity Fond 1.22 L28 AflAUNirntUBT MaJ Invest Fund 1.33 Mai Prog Find LIT Mai Security172 words
-
876 1982-10-16 11 I \Darby/ SIME Darby has taken firm steps to form a trading company modelled on the lines of the Japanese sogoshosha, to deal in commodities. Its objective is to create an international trading organisation operating round the clock in the commodities produced by876 words
-
Article804 1982-10-16 11 Reuter DOUBTS about the future of Helmut Kohl's new centre-right government and a gloomy economic outlook are preventing the major share rally under way in New York and London from being repeated in Frankfurt, investment analysts said. West German share prices have crept up to theReuter - 804 words
-
ASIAN STOCKS
-
Article389 1982-10-16 11 HONGKONG STOCKS closed easier on sporadic local selling as speculation over prospects for a local interest rate cut, that had pushed up prices over the past two days, subsided, brokers said. The Hang Seng index closed off 14.10 points at 880.46 in quiet trading after being down389 words
-
Article437 1982-10-16 11 SHARE prices lost ground on profit-taking yesterday, prompted by the yen's sharp fall against the dollar In overseas centres on Thursday, dealers said. The market average fell 41.29 points to 7,373.51 on a light trading volume of 330 million shares, and the Tokyo Stock Exchange index shed437 words
-
Article297 1982-10-16 11 SHARE prices In Sydney generally eased hi moderate trade .yesterday, following the overnight setback of Wall Street and the downturn in the gold price in New York and Hongkong, brokers said. They said that the market was now awaiting Wall Street's reaction to the weekly US money297 words
-
Article85 1982-10-16 11 OCT 15 Acot* Mlnln Anew Phil Aon Mlnln AUMCOO 1 Bagulo OoM m F! LOOM LOU BOCb B.K 0011 +um Ortantal M WUIOllWM PhlMa B WLzrr PoMeoB LOM ouch LOU inch LM *MM I undi LOU unch BuK Mi BancuMOoi CDCT nm Phil hi Lapanto B Martnduqua Manual L*85 words
-
Article125 1982-10-16 11 OCT If Aofchtm Thai BahU HUICMMM (Mud City Ml ♦a Aiia Fibre 1M 3 Ohm IS Mas GrMit South AM ru M wt ■a Bangkok Bank Ban! Of Ajrudlv Sn M uocb Thai CooBMn Bank Thai Duu Be EM «01 ak uocb BiuShoi Thai Firman Bank m -4 Barti125 words
-
-
Article649 1982-10-16 11 CWTMt Ex ■eats Date IMtitar TMaltar IHMIMI BA_T sr" at.4%1 10% Data Oct 14 Oct! Nov 1 Oaae Oct 31 Oct 15 Nov 11 PtymMc Nov 9 Oct 25 Nov 29 the year 85% 36.4% 15% Preview fair 90% 77.3% 15% ■iiJaWal MOKalB 3.3% 30% 10% Sep 30649 words
-
-
Page 11 Advertisements
-
Advertisement273 1982-10-16 11 m u OF SINGAPORE SCHOOL OF MANAGEMENT PROGRAMME 1913-4 Application* arc invited for admission to tha part-tima and full-tima coursa laading to tha degree of Mastar of Businass Administration. Candidatas for tha coursa must (1) ba university graduates; (2) have an acceptable score in the Graduate Management Admissions Test (GMAT),273 words
-
Advertisement194 1982-10-16 11 Right Now You Need The Asian Journal More Than Ever THE ASIAN WALL STREET JOURNAL. g s 51 J1 > Lmid-Off Middl*~An+d Mmmmgen Fimd C»pim§ Tomgh m zJa3 li t 4 If your business is regional or international, local headlines are not enough. you need The Asian Wall Street Journal.194 words
-
-
Chief Price Changes
-
Article149 1982-10-16 12 Rites G E Life 2300 >300 Skturl-Lt Vu Dor Borot 400 300 30 +30 Apollo 373 +30 Sol Properties 446 18 Bali Liataac 300 18 La rot Tia 318 18 Spore PoMor CkMlad IT? 330 15 10 API 182 10 S^I134 187 10 +0 FaHs Jokaa HM«* 181 -32149 words
-
Article, Illustration170 1982-10-16 12 A WAVE si prsffi-taUag aa the Stack Exchaage af "-g'l™ yesterday teak same steam ad the ceattaaaaa se vea-day rally ia share prieea. Hawever, mast ipteaeity aad hetel eeoaters were ahle ta elaae slightly higher. The Stratta Times Industrial ladex last 5J4 palate ta eleee at CBMI. Hewever,170 words
-
Article50 1982-10-16 12 FINANCIAL TIMES INDUSTRIALS Thursday 804.9 Friday. Thursday Week Ago 880.46 894J6 883.86 Wednesday 604.9 AUSTRALIAN Week Ago 586.4 INDUSTRIALS DOW JONE8 AVERAGE INDUSTRIALS Thursday 995-87 Wednesday 1015.08 Week Ago 986JI7 Friday 855.1 Thursday 666.1 Week Ago 648.5 ALL ORDINARIES Friday 821.1 HJLHANG SENG Thursday Week Ago. ...582.7 517.750 words
-
-
287 1982-10-16 12 MENANG Csrpsrattoa's depaty ehairmaa, Datak Mshd fftinilih, yesterday Mfiiiswi happiness at the gsad respsase te the eampaay's paktle slier sf 1U nUHsa shares at Msl par. He said the altar, which was aversabserthed 2.71 times, shewed that the pahMe Ims tttMmrr la the e—a287 words
-
Article26 1982-10-16 12 SDiQAPVRA MUv B»eigriup rrJSx prsflt sf fuS Jut M (fltt JEaa pnvlsnsty). Directors tam pro■mi a first aad Anal Mi ft lli per cent pw26 words
-
Article761 1982-10-16 12 LEADING equities and government bonds yesterday met further snail profit-taking at the end of the account but most issues ended above early lows, dealers said. At 3pm, the Financial Times was down 2.9 points at «8.0 after «Mat Item. News of a further reduction in the UK inflation761 words
-
Article108 1982-10-16 12 AP THE NEW YORK stock market opened lower yesterday, with the Dow Jones industrials average continuing Thursday's sharp retreat below the 1,000 level. Three stocks fell in price for every (me that rose in the early tally of New York Stock Exchange-listed issues. The DJ average ofAP - 108 words
-
556 1982-10-16 12 ■Sill Companies Editor: llano Sabnani ROBINSON k Co, which recently reported a group operating loss of $313,000 (or the year ended June 30, 1982, is closing down its John Little's Jurong hypermarket at the end of this year. Robinson's also closed down its John556 words
-
Article382 1982-10-16 12 MALAYSIA Textile Industries Bhd's diversification into property, first initiated early last year, has proved profitable. Wahyu Sdn Bhd, one of the first property development companies acquired in February last year, contributed M 55.23 million to group profit for the year ended June 30, 1982. The maiden382 words
-
153 1982-10-16 12 PROPERTY developer Petaling Garden Bhd, which is offering 79.53 million 50-cent shares at 80 Malaysian cents each as a prelude to a listing on the Kuala Lumpur Stock Exchange has also applied (or a secondary listing on the Stock Exchange of Singapore. The153 words
-
149 1982-10-16 12 RALEIGH Cycles (M) Bhd is planning to cease production of bicycles at its Shah Alam plant at the end of the year. The follows the recently announced proposed sale of its Shah Alam property to United Motor Works (M) Bhd for MSB.S million.149 words
-
208 1982-10-16 12 THE five incumbents of the Stock Exchange of Singapore committee will be automatically re-elected to serve another year at the exchange's 9th annual general meeting today. This is because they are the only five brokers who have been nominated as members of the SES208 words
-
Article806 1982-10-16 12 Taking Stock... FROM IX)YTAPE'S price gyrations in the stock market recently, there should be a few lessons for those market dabblers who rush in with scant regard for fact and fundamentals. As recent as early September, its shares commanded little more than MH.SO apiece, which seemed a more806 words
-
Page 12 Advertisements
-
Advertisement361 1982-10-16 12 Computa'Sl attractedl3,ooo 4 business Canyou to miss COMPinA'B3? Computa '81 drew 120 exhibitors from 12 countries. There were 13,000 visitors 8,000 were trade visitors, of which 40% were from overseas. Computa '83 is the third international exhibition on computer and information processing technology, and it promises to be the largest361 words
-
-
Page 12 Miscellaneous
-
Miscellaneous56 1982-10-16 12 iWEfITjHER OUTLOOK for today: Hazy and cloudy with showers. Bepirt far 24 hwi prtor to 7M pm m Oct IS •i the airport: Maximum temperature 30.6 -Associated humidity 66 Minimum temperature... 24.3 Associated humidity 93 Hours of sunshine 0.60 Rainfall in millimetres Trace Total rainfall for the month 11.9 Total56 words
-