The Business Times, 16 April 1983
1983-04-16
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The Business Times
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Title Section11 1983-04-16 1 BUSINESS TIMES M.C.(P) No. 67/1/83 SATURDAY, APRIL 11, IKS 60 CENTS11 words
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368 1983-04-16 1 SOH TIANG KENG - By SOH TIANG KENG FUJI Bank, taking advantage of a new ruling by the Japanese Finance Ministry, has tapped US$lOO million from the Agfan dollar and Eurocurrency markets through a fixed-rate bond issue. The seven-year bond, issued through its Hongkong subsidiary, Fuji368 words
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110 1983-04-16 1 Reuter ASTROLOGICAL advice is no longer tax deductible in West Germany, a trade union newspaper reported yesterday. Meull, published by the giant Engineering Workers' Union, reported last year that many employers regularly sought advice from astrologers and crystal ball gazers before ™»HnReuter - 110 words
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466 1983-04-16 1 ALAN LEE - By ALAN LEE KECK Seng (Malaysia) Bhd is planning to launch a MJIII million (Sslol million) housing project in Segamat, its biggest investment in the property field. The huge housing project is on a piece of land owned by Banang Bersama Segamat466 words
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Article517 1983-04-16 1 NYT WORRIED Chrysler officials have begun a public campaign to block the Joint production of small cars in the United States by General Motors and Toyota Motor. GM and Toyota, the largest and third-largest car producers in the world, signed a joint venture agreement onNYT - 517 words
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272 1983-04-16 1 AP MCDONNELL Douglas Corporation was proposing Joint production of its future commercial Jetliners with three Japanese aircraft makers in an effort to rival Boeing, a company official said yesterday. Boeing already has production agreements with the three Japanese makers and seeks expanded JointAP - 272 words
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BRIEFLY...
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Article94 1983-04-16 1 Reuter MALAYSIAN government officials yesterday stopped more than 20 Muslims from entering the country's only licensed casino after a ban on gambling came into force. The ban was initiated by Prime Minister Datuk Seri Mahathir Mohamad as part of a move to Inculcate Islamic values in the country.Reuter - 94 words
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Article53 1983-04-16 1 Reuter AMERICAN wholesale prices, as measured by the producer price index for finished goods, fell a seasonally adjusted 0.1 per cent in March. The Labour Department in Washington said the decline followed a 0.1 per cent advance in February and a one per cent drop in theReuter - 53 words
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Article65 1983-04-16 1 Reuter A HUGE explosion in Indonesia yesterday rocked the Bontang liquefied natural gas (LNG) plant in East Kalimantan, killing three workers and injuring 35. Industry sources said the blast was the first major accident at a gas plant in Indonesia, the world's biggest exporter of LNG. TheReuter - 65 words
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Article54 1983-04-16 1 Reuter CHINA has revoked the emergency landing rights it allowed the Dutch KLM airline in Canton in retaliation against the opening of an air link between the Netherlands and Taiwan, diplomatic sources said. "Hie move came just two days after an inaugural Taipei-Amster-dam flight by China Airlines, theReuter - 54 words
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Article55 1983-04-16 1 EIGHT Gulf states called off talks on capping shattered Iranian wells which are pouring oil into the Middle East Gulf after failing to narrow differences between Iran and Iraq, delegates said. Political wrangling between Iran and Iraq held up the opening of the talkie for two days55 words
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Article36 1983-04-16 1 JAPANESE Prime Minister Yasuhiro Nakasone has approved a compromise suggested by the Agriculture Ministry to resolve the dispute with the US on Japanese imports of beef and citrus fruit, Agriculture Minister Iwazo Kaneko said.36 words
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Article77 1983-04-16 1 Reuter A FINANCIALLY troubled Dutch company is seeking loans from Taiwanese lenders so it can complete two submarines it is building for Taiwan's navy, Dutch trade sources said in Taipei. They said the Dutch group RSV would try to raise the money privately because the Taiwanese governmentReuter - 77 words
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Article71 1983-04-16 1 Reuter BRITISH Prime Minister Margaret Thatcher said she is not going to think about calling a general election until her period of office has passed the four year mark. Her government is four years old on May 4 this year. Mrs Thatcher was asked in an independentReuter - 71 words
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173 1983-04-16 1 Reuter THE Am ef ■amir la iadwrtrteJ MUtriM pMH a erttteal dilemma far fcvttoptf Aataa wmlHw la ehamlag their Iwhpl strateIke IMS rr'innlr aad eedal aarvey af the UN Eeaaamte aad Social Cimmh tUm fsr Asteaad the Padße (Eieap) said the UN strategy la theReuter - 173 words
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Article, Illustration453 1983-04-16 1 JOHN LIM - By JOHN LIM THE Reagan Administration was strongly committed to pursuing a free and open trading system aad also recognised the special needs of developing countries, the US Assistant Secretary of State for East Apian and Pacific Affairs, Mr Paul Wolfoaritz, said yesterday.453 words
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Page 1 Advertisements
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Advertisement233 1983-04-16 1 "^;$*!";'>,@&]''/*_//_&/]~\!?\. MALAYSIA has lifted the curb on access to domestic credit by foreigncontrolled companies operating in the country Pag® t Asean Trade Fairs, first held in Sydney in 1978, have made a positive contribution towards improving trade between Australia and the Asean countries Page 3 OPEC secretary-general Marc Nan Nguema233 words
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Advertisement130 1983-04-16 1 Lynx Super Predator Putting new, exciting dimensions in golf. The Super Predator, from Lynx, noted for its innovative genius in club design, has an all-steel wood with offset hosel that drives with impressive distance and iron-like accuracy. Super Pndator Wood*. These husky cats are investment cast to zero tolerances; an130 words
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Advertisement175 1983-04-16 1 The Singapore s Straits Business Times World DIRECTORY at your Qf Fingertips Singapore (Buku Merah) f //</tsrs /y/'A t.i In time with time ***** 6110 *Sf r ***** 4'lo s N ***** 5211 *****-6109 > V "I c > ASM WATCH CENTRE G 16 Katonfl Snoppmg Canlra CHEW CHEONO (JEWELLERS)175 words
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BANKING AND FINANCE
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451 1983-04-16 2 THE Malaysian government has Uftsd a curb on access to domestic credit by foreign-controlled companies operating in the coontry. Deputy Finance Minister ntiir aid in Kuala Lumpur yeaterdsy that foreign-controlled companies or non-rssident controlled companies (NRCC) woukl now be able to borrow from the451 words
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Article143 1983-04-16 2 Reuter PAKISTAN yesterday asked a World Bank aid conaortlum tar USSL3S billion during the *****4 fiscal year beginning In July. The official Associated Press of Pakistan (APP) news agency in Msmshad said the money was needed to "maintain essential level of development" In 1983-84, the first yearReuter - 143 words
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Article84 1983-04-16 2 Reuter AMERICAN Senate Finance Committee chairman Bob Dole Mid it was unlikely Cnngram would repeal the 10 per cent tax withholding on inter—t aid dividend income scheduled to start on July L lie made the remark at a pram conference with other senators and private organisations opposedReuter - 84 words
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Article470 1983-04-16 2 Reuter AMERICAN Express, reCing a 37 per cent gain in earnings, attributed the rise to strong performances of its international banking, Investment, insurance and travel operations. American Fiprms said the gains more than offset undisclosed losses of Its Warner-Amex cable Joint venture with Warner Communications Inc. so CHEMICALReuter - 470 words
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Article218 1983-04-16 2 Reuter INDONESIA will receive at least the same s mount in loans (rem Western donor conntrim tlifle year as it did last year. The chairman of the Inter-Governmental Group on Indonesia (K3GI), Begje Schoo, said In Jakarta yesterday the group, which indndm the US, JapanReuter - 218 words
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Article99 1983-04-16 2 AP Reuter ■HTAHra tew mnjw m» ■Mkl ktiki have eat their but late rates from MM per eon* te M per ete, tes sssond' l fitel eat iMManfea !iliiirJfte^!il'il!! Mtewedjy Mdtead, Lteyds ■kkwlil Basket nir teai «te The hash eat lie hey 7TfeutaM(iprMta|t mtelAP; Reuter - 99 words
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549 1983-04-16 2 Reuter THE success of the most recent European Monetary System (EMS) realignment can be guaranteed only by speedy moves to stabilise The ThnuVehaah said In its annual report tar IMB that without convincing moves by member counliles to bring their economise Into line with eachReuter - 549 words
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Article258 1983-04-16 2 Reuter BRITAIN'S public sactor borrowing requirement tor flacal ISn/B ta tipa hd to be higher anticipated. Moving the second rending of the Finance Bill on Thursday, Ttaaswy Chief Secretary Leon Brittan snid that central government borrowing figures published month's Treasury forecasts by CIJS button. "It ieReuter - 258 words
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301 1983-04-16 2 Reuter LEAD managers of i renewable US$5OO million loan to Mexico's state oil mtnpany are meeting in London to dlsniss how It will be affected by the country's proposed debt rfrhrrttiHng, agent Morgan Guaranty Trust Co of New York said. Last year,Reuter - 301 words
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220 1983-04-16 2 Reuter MIDLAND Bank PLC pinna to iMhimlat ita hnlrtiags In Fraace around a new company to bt raited Midland Bank SA, a Midland group statement «aid. The mv company wffl be 85 per cent held (roan June 1 by Midland's whoQy-ownsd subsidiary, Midland BankReuter - 220 words
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MONEY AND EXCHANGES
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Article289 1983-04-16 2 GOLD FUTURES in Singapore yesterday fluctuated within a narrow ran(e throughout the session before rinsing steady to a shade lower compared with New York's close. Trading was thla with turnover for the day recorded at 10S lots while kerb volume at 496 lots. Prompt closed little changed at US$437/440289 words
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Article26 1983-04-16 2 Naw York Znrtcfc ISSSS M 11JB ll.« 11JB UJB PH Ifean tin msB UJIB 11JES CVatag fricm tai US daOm Source: Credit Suisse, S'pore26 words
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Article60 1983-04-16 2 THE US dollar yesterday slipped In thin, late trading, following the lower opening in Europe. Banknote ratee yesterday: (HK per 1): US 6.74/6. Tl UK 10^0/10 JO Brunei-SJM/SJH W Germany 2.766/2.7® Malaysia-2J15/2J25 Philippine» 0.65 0.67 Singapore llB/SJlf (HK per10): Burma L50/2J0 India 6.10/6 JO (HK per 100): Indonesia 0.65/0.7360 words
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Article47 1983-04-16 2 Opening quotes yesterF FY 11.2685/2835 day: lit 2237.15/2340.15 us *****/56 y« *7.io/eo On L9035/65 D Kr IHMJl/KU OtTT 1.23B/W N Kr ll.MM/0610 DMk 3.7575/7615 8 Kr 11.5880/5710 D F1 4.2300 45 Aua sch 26 40 43 S FY Port 150.61/152.25 B FY coo 74.83/V Spain aut/u47 words
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Article81 1983-04-16 2 THE DOLLAR for overnight delivery yesterday closed slightly lower at 237.70 yen after opening at 237.90 and fluctuating narrowly in lacklustre trading. This was below the 237.90/238.00 finish in New York and the 238.45 close in Tokyo on Thursday. Trading volume was $1.06 billion. The dollar for immediate delivery81 words
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Article122 1983-04-16 2 ASIAN ASIAN currency deposit Interbank rate* as at cloee on April 1& OlDAirilHD 7 day* ST* iBOBttl •M Smooth* VII 1/14 3 month* •M M montba M M hU ML 1 months 12 month* 44/14 47/14 Dm SwJn. 1 month (■Hb MM*) 4* 4S/1C fmontlM 1 41/14 i month* M122 words
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Article32 1983-04-16 2 RANOC prii aa «ni by dUAfrflB: O—Mfc > Call dep*hs: Vnooth Treasury btlla M IH Bank bllla 1 month* CD months CD 77/16 79/16 T* 7H 7* 7H Source: National Discount Co32 words
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Article438 1983-04-16 2 THE US dollar, which moderate trading yesterday, eaaed against major currencies OB the local foreign exchange market. The US dollar, which opened against the local unit at SP-10OD/OO waa traded down to the day's low of 52.0M0/10. Later trading brought about some letowary and the US dollar Armed438 words
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Article22 1983-04-16 2 THE avertga rate at which major Singapore banks art currently prepared to lend to their best, customers is 9.09 per cent.22 words
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Article43 1983-04-16 2 RESULTS of tender held yesterday for 91-day Treaeury bills to be issued frotp Apr IS to Apr 22: Offered: 1129,000,000 AapTl Isr: 2187,000,000. Afisttsi: «129,000,000. An if 111 IMb: 190.30 approximately 36 per cent higher bids in full. cent per annum.43 words
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Page 2 Advertisements
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Advertisement84 1983-04-16 2 K c '•SWA 3 s I v SSJ '>N w i 5 CD ca ■<» o x> w Z JL After a hard day's work, sit down and relax with a good beer. Refreshing and restorative, Tsingtao is the beer for you. Using the finest ingredients of barley, hop and84 words
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Advertisement44 1983-04-16 2 < AT" V sC ssr b i i •'1 Managers of a Fleet of Platform Supply Vessels, Anchor Handling Tugs, Utility/Standby Vessels and Flat-Top Deck Cargo Barges 7 1 Bonham Street, #24-03 UOB Building, Raffles Place, Sinqapore 0104 Telephor*e 533 99SS Telex: RS ***** OFFSIN44 words
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TRADE AND INDUSTRY
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546 1983-04-16 3 RICHARD SEAH - By RICHARD SEAH •«HEWLETT Packard is setting up a $300,000 personal computer centre here which "will not sell computers. .1' Instead, the demonstra- tion and training centre will Be part of the company's plans to gain a bigger share of the world546 words
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272 1983-04-16 3 A GUIDELINE on saving energy which will influence the design of the roofs of commercial building! is being introduced by the Ministry of National Development. The guideline was formulated as a result of the "growing trend towards designing buildings with high atriums and vast skylights,"272 words
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601 1983-04-16 3 FORTY-NINE shops and 'stalls will be available (or public tender at the partially-completed Pasir Pan Jang wholesale centre. The tender begins today. A Housing and Development Board spokesman said lyesterday a total of 483 «hope and stalls were built under the601 words
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Article361 1983-04-16 3 '£ANADIAN International •Trade Minister Gerald *Regan will lead a delegation of 30 to 40 Canadian 'businessmen on a 17-day 2rade visit to South-east next month. The delegation, i follow*yp of Prime Minister Pierre visit to the region in January, will concentrate on promoting «Canadian expertise in "transport,361 words
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Article, Illustration99 1983-04-16 3 GHH Lim has been appointed resident director of ICI Paints (Singapore) Pte Ltd. Mr Lim began his career with ICI in 1967 and was stationed in Singapore. He has seen service in various ICI operations and had been based in Kuala Belait, Penang, Bangkok, and Kuala Lumpur.99 words
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105 1983-04-16 3 IN THE People in Business column on Thursday, it was reported that Ben Kim (Hong Kong) Ltd is an associate of the Eastbourne Chemical Industry Pte Ltd of the Intercallin group of companies in Indonesia. We have since been advised that Intercallin is not associated105 words
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Article, Illustration451 1983-04-16 3 THE Asean Trade Fairs, first held* in Sydney in 1978, have made a positive contribution towards improving trade between Australia and the Asean countries, said the Australian Deputy Prime Minister and Minister for Trade, Mr Lionel Bowen. Speaking at the opening of the third Asean451 words
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Page 3 Advertisements
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Advertisement273 1983-04-16 3 4 :v >■ <v nv. 'V< f 4 .3*" *i- wrvtN) m-j »v Catch Thai on the GREAT CIRCLE EXPRESS ROUTE It flies the shortest distance non-stop to COPENHAGEN,FRANK FUKT.ROME and ATHENS. Then onward to the other great European capitals of PARIS, AMSTERDAM and LONDON. 9 Our weekly smooth-as-silk flights273 words
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OVERSEAS
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646 1983-04-16 4 Reuter OPEC secretary-general Marc Nan Nguema has said that the price of oil could go up by about US$l if the overall world economic situation improves. In an interview with the Opecna news agency in Vienna on Thursday, Mr NguemaReuter - 646 words
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138 1983-04-16 4 Reuter BRITISH Energy Minister Hamish Gray said he expects a "flood" of applications soon to develop North Sea oil and gas fields. In an interview with the British national news agency, the Press Association, he said six applications are already under discussion, three ofReuter - 138 words
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532 1983-04-16 4 Reuter BRITOIL PLC expects to achieve solid results this year and to live up to its dividend forecast in the privatisation prospectus last November. Results for the opening months of the year support this view, chairman Philip Shelbourne said in his annual report.Reuter - 532 words
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Article682 1983-04-16 4 ARRIVALS Service Local Operator Number Time From SIA SQ11 0040 LAX/TYO FT FT71 0040 JFK/ORD/ANC/ NRT/TPE/KUL PAA PA5 0245 JFK/SFO/HKG CAL CI331 0250 TPE MAS MH601 0820 KUL MAS MH671 0906 KUL MAS MH8U 0910 PEN SIA SQ103 0945 KUL RBA BI421 1000 BWN MAS MH603 1020682 words
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256 1983-04-16 4 NYT THE US must take immediate, high-level action to avoid losing its world leadership in advanced technologies. A panel assembled by the National Academy of Sciences in Washington yesterday warned that the US could no longer afford to take its "Yankee ingenuity"NYT - 256 words
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381 1983-04-16 4 NYT SCIENTISTS have reaffirmed that they might at last have the tools to solve the complex mystery of the biology of cancer. This was by no means a promise that such a complicated problem would be solved soon, but it was an expressionNYT - 381 words
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Article217 1983-04-16 4 Reuter THE WORLD'S third Disneyland and the first to be built outside the US opened to the Japanese public yesterday. The USfGOO million entertainment park, Tokyo Disneyland, has been built on reclaimed land alongside Tokyo Bay 10km from the centre of Tokyo. About 10 million visitors areReuter - 217 words
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WORLD IN BRIEF
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Article393 1983-04-16 4 Agencies INITIAL claims (or unemployment insurance benefits under regular state programmes fell to a seasonally adjusted 487,000 in the week ended April 2 from 498,000 the week before, the US Labour Department said. The total number of workers actually receiving benefits under state programmes increased toAgencies - 393 words
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491 1983-04-16 4 AP PRESIDENT Ronald Reagan yesterday praised the Senate for confirming Mr Kenneth Adelman as director of the US Arms Control and Disarmament Agency and said he hopes the move will mark the beginning of a "bipartisan consensus" on nuclear arms control. "I'm convincedAP - 491 words
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Article1078 1983-04-16 4 VMMl Berth Arrival Departure Aegis Athenic 5/6 16.4/2000 21.4/2300 KEPPEL WHARVES Hosho Maru 2 16.4/0730 21.4/2300 alongside 16.4/1500 Million No 3 3 16.4/0730 17.4/1800 21.4/1500 A Mlcklewlcs 47 Mock Ya 9 16.4/1230 Agnes Venture Altair 35/0 13/4 alongside alongside 16.4/1500 16.4/2300 Nikkei Maru No 5 7 16.4/10001,078 words
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153 1983-04-16 4 Reuter HONGKONG plans to relaT!* rent control on post-war.-* residential property. Housing Secretary Donald Liao said yesterday that the colony's government is con- M sideling abolishing rent control on all tenancies agreed after June 90 this year and" on all existingReuter - 153 words
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239 1983-04-16 5 AP THE London Stock Exchange liked the figures it saw on Thursday and more than doubled the initial sale price of shares in the Miss World beauty pageant. .Investors scrambled for the 810,000 shares which went on sale, boosting the 60-pence offerAP - 239 words
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316 1983-04-16 5 Reuter THE development of a new type of laser device promises to advance the science of lightwave communications, Bell Laboratories reports. Won-Tien Tsang, the inventor of the device called the cleaved coupled-cavity laser, or C-3, said it could double or even treble the amountReuter - 316 words
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283 1983-04-16 5 THE US dollar Ml a record Ugh against Iks fraae sa arid SaTstra«tt^ias"threat enlng Fiance's daacts sf pcci?cry. Ik dsUnr rase Is 7 JIM fraaes at Thursday's official carreaey fixing, after eUmba? ATM op*Sg 7JBSM, and has gained almost per eeat against283 words
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458 1983-04-16 5 Reuter FT WORLD economies are showing first signs of a recovery, says the West German central bank. Both developing and Industrialised nations can look to the future with oonfidence as long as they continue to pursue economic policies aimed at achieving stability and at containing budgetReuter; FT - 458 words
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624 1983-04-16 5 AFP SIGNS of a very modest Improvement in demand for some steel products have emerged in a few OECD countries but cannot yet be taken as indicating a sustained and strengthening recovery in the steel market, the OECD said. It said thatAFP - 624 words
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224 1983-04-16 5 Reuter THE US Congress should revise trade laws to give American firms a better chance and punish foreign companies using unfair practices. A labour-industry coalition in Washington yesterday proposed that the US government be required to stop unfair foreign competition as soon asReuter - 224 words
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166 1983-04-16 5 AP AFTER a highly charged debate, the Senate Budget Committee in Washington yesterday remained deadlocked over whether taxes should be raised next year to lower the skyrocketing federal budget deficit which is helping to keep US interest rates high. In a dramatic 11-to-ll tieAP - 166 words
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188 1983-04-16 5 Reuter JAPANESE machinery exports are expected to rise 1.7 per cent, in the financial year which started on April 1, to 21,969 billion yen from an estimated 21,592 billion in fiscal 1982. The Japan Machinery Federation in Tokyo yesterday said exports in fiscal 1982Reuter - 188 words
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Page 4 Advertisements
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Advertisement25 1983-04-16 4 Pan Am To Hongkong Daily At 8.15 am Yhv i'irsf Flight Out The lirsf l li.uhf In. -r- Pan Am.You Can t Beat thel xperk'iuv.25 words
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Page 5 Advertisements
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Advertisement195 1983-04-16 5 Make it your business to be part of The First International Technology Exhibition for Asia 6 9 September 1983 World Trade Centre Singapore. Asian Energy *83 is Energy Generation, Distribution, Conservation and Alternative Energy Sources. It is estimated that in the rapidly expanding ASEAN and S.E. Asian Region, more than195 words
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Advertisement346 1983-04-16 5 TIMES INTER-BUSINESS HOUSES ATHLETICS MEET National Stadium Saturday, October 8,1883 Events MEN WOMEN 100 m 1,500 m 200 m 3,000 m JIAAM* < fo WOMEN ONLY) 5.000 m 800 m (FOR MEN ONLY) 4 x 100 m 4 x 400 m Triple Jump (FOR MEN ONLY) Long Jump High Jump346 words
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Article462 1983-04-16 6 MICKEY MOUSE shook hands with Japanese Emperor Hirohito about 10 years ago when the emperor visited Disneyland. His Majesty smiled and was photographed for the first time without his usual sombre look. In 1979, there was another important round of handshaking, this time when Walt Disney Productions reached462 words
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Article, Illustration1430 1983-04-16 6 FLORENCE CHONG - AUSTRALIA'S top hotels are cutting room rates in a move seen by some as the opening shots in a full-scale tariff war. It wasn't long ago that hotels like the Hilton in Sydney had 'black-out' days when it closed its book to guests1,430 words
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Page 6 Advertisements
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Advertisement159 1983-04-16 6 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, Shipping Times has |ust the space tor you You'll be reaching a very select group of159 words
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Page 6 Miscellaneous
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Miscellaneous44 1983-04-16 6 m i s r> i w: m tXOKi ME /uJHO'S toepv IT Ifc L£X^ RCm'S CftRUXj£R. V Qgp>u3 r ne. ojihkimg ~^L'^ t r ~77J U IYUi ~9*yi tan M lv V /TOJSTW PRize Goes to YCT PNcsrueß OF oo«. cx«£crofcs p*«y* MuKMyf' WuRHUR'44 words
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Miscellaneous760 1983-04-16 6 SINGAPORE 5 1.00 PM Opening Mowed by Sesame Street: Children learn the fun way. 2.00 Shazam 2.30 Saturday Matinee More Wld, MM Weft 4.10 1982 Wimbledon Tomb Chanperetys Women's Singles Final (Part 2): The game continues with Martina leading by three games to two in the second set. She won760 words
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Article, Illustration1036 1983-04-16 7 Japanese vagabond with a dream A dreamer and a doer Saburo Ouchi is both of these. He dreams of 'challenging' Marco Polo's 24 years of world travel by exploring the world for 25 years. He has already spent nine years driving round the globe. Below, he explains what it isLook Japan - 1,036 words
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Article, Illustration1067 1983-04-16 7 LOUISE KEHOE - By LOUISE KEHOE FT WHO'S afraid of computers? Certainly not the growing number of "computer toddlers" who are becoming a major factor in the USs3bn market for home computers. Perched on top of a pile ofFT - 1,067 words
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Article, Illustration428 1983-04-16 7 STRAWS m the c \Vmd EASY-to-win contests are not uncommon, though some come with built-in mags. Participants in the Beautymakers Contest at Gaieties Lafayette should have little difficulty answering the three questions. The problem starts when they attempt to fill in their personal particulars (see coupon428 words
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Page 7 Miscellaneous
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Miscellaneous610 1983-04-16 7 r§ J CRYPTIC PUZZLE ACBO6B 9 What the hunter wears? (54) 10 A failure to ring the embassy? (8) 12 Complain when the fellow catches the ball (4) 13 What makes the mechanical toy Jump? (6) 14 He again had the case in the vegetation (7) 15 Devastated when a610 words
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Page 8 Advertisements
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Advertisement789 1983-04-16 8 Where to wine, dine and entertain ajyiEßicaNj ■EXPRESS with the American Express Card H you don't already have the Card, call *****33 tor an application form" TfrLOUrtißS f!Ss Singapore r30l«»- ,o 3W^ i c« a übl.to-1 ot gggfesa-. $12* P« r c W ,r 0 Thumps BAR Be spellbound with789 words
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Advertisement142 1983-04-16 8 to the musk of the Ifmnderbinis' Sink into soft chair in your own easy m cool totWyin. drink in your *ai£Z ZT&Z, you know. afinkt finally hit you. I*t your thou&itt Of THUNDER BIRDS fill, you haad. Drop In 11.00 am to 1.00 am on maakdayt (up to 2.00 am142 words
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RAW MATERIALS
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Article856 1983-04-16 9 COVTISE: Robusta coffee futures yesterday were generally easier at midday, between £16 a tonne below and £1 above Thursday's close in traded positions. Prices ended around the lows as light commission house liquidation met little resistance at the end of the morning. The market traded quietly throughout the856 words
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Article140 1983-04-16 9 SOYBEAN futures in Chicago on Thursday fell 10 to 11 cents per bushel in moderately active trade. May traded in a US 15-cent range. Prices hit sell stops midday and then fell further as they attempted to fill a large price gap at lower levels. July ended 3V4 cents140 words
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Article159 1983-04-16 9 WHEAT futures in Chicago on Thursday ended V« to one US-cent per bushel higher in light trade. May traded in a 3V4 cent range. Prices closed higher despite sharp breaks in corn and soybeans. Oustanding purchases by the Cash House and the Professional House, estimated at 6.8 million bushels159 words
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Article149 1983-04-16 9 THE Malaysian crude palm oil market yesterday closed easier on short selling in quiet trading. In the April position, central and south fell M 512.50 each to 1790 and $782.50 a tonne respectively while in May, south lost Mslo to $782.50 and central traded at $790. The refined149 words
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Article339 1983-04-16 9 SINGAPORE: Yesterday's closing prices In SI per kilo, ex-godown: THAI WHITE: 100 per cent first cLass (Kangaroo) new crop 1.04, 100 per cent second class 0.74, 100 per cent third class 0.70, 25 per cent new crop 0.58, B-10 per cent O.tt THAI BROKEN: A-super 0 62. Special 0.58.339 words
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Article220 1983-04-16 9 RUBBER PRICES in Singapore yesterday dosed slightly higher with May One RSS buyers quoted at 251.50 cents per kilo, up two cents from Thursday's close. Morning prices were marked up slightly on short-cover-ing and speculative buying after a higher openingAfternoon prices eased slightly on some isolated offerings before fresh220 words
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Article69 1983-04-16 9 THE STRAITS TIN price la Peung yesterday beM at MSSI.BS a kll#, wlthla the ITA lewer range ef Ms29.lf aad MPtM. The haffer steek maaager renewed ■npport aad was helped by da—a in from ether eperaters te ahnerh the 171 tonne» ef ere en offer, np from II69 words
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Article30 1983-04-16 9 Rubber: April 15 Singapore: May: 251.50 cents (up 2.00 cents) Malaysia: May: 267.00 cents (up 2.50 cents) Tin: M 531.83 per kilo (unchanged) 170 tonnes (up 75 tonnes)30 words
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Article161 1983-04-16 9 CHINESE PiifcM Exchange, prflßvi 1 Prtß Cm—l ell: Bulk fob «100.00 sellers, old dram (in second band drum) fob filloo sellers, new dram fob «117.00 sellers. Ospm: Mixed (loose) «58 buyers. Pappvs M"** white pepper fob AsU NLW «355.00 sellers, Sarawak white pepper faq fob NLW «350.00 sellers,161 words
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Article137 1983-04-16 9 YARN and cotton prices were quoted as follows in Hongkong yesterday. (In HK dollars, spot ex-go-down) Csttaa yam: China Blue Phoenix 20s 2,485; 32s 2,955, 40s 3,210 (per bale of 400 lbs). 6.05, 4F 6.05, K9F 6.12; NT roller ginned 6.10 (per lb). CLOTH in HK dollars, wholesale prices,137 words
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Article330 1983-04-16 9 THE squeeze on nearby was maintained after the long Easter recess, following continued all round covering of April and May One RSS as the China shipper kept his grip on the market, reportedly taking up gome 9,000 tonnes of April tenders, says its330 words
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Article333 1983-04-16 9 RAS prices In cent* par kilo yesterday: (per kilo) (per Ulo) Int. 1 R.S.S. prompt f.o.b. 252.00 Int. 1 R.S.S May 253.00 Int. 1 R.S.S June 245 00 Int. 2 RS.S 228.00 UK Coot 227 00 Int. 1 R.S.S. 2)4.00 UK/Coal 223.00 Int. 4 R.S.S. 214.00 UK/Coot. 213.00333 words
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Article104 1983-04-16 9 NOON SSI It aad SMR priem ymt wrday KAfl May Jaaa (Carnal 1 Bitot 8* itk) liar* (fanriH 1 Bajaii Sal Nth) Hart SSR20 <1 -too pallat) 223.00 225.00N 234 00 23S.00N SSR SO (1-toa pJUtl 218 00 *****N MBM 222.00N SMRCV (1-toa pallat) May m.oo 310.00N104 words
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INTERNATIONAL STOCKS
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Article185 1983-04-16 9 APR 14 F*» GROUP B 3 Carre four 1920 unch Alr-UquMe B B N Oarrala n>MM C 8 T (Tbomao Ctt Loctuc das Petrotes 4*3 lmn nan -s 4» 1 Ptnanclere da LVnion LHtm Miwi n—i Opfl-Pmrlbai Penarroya •too 200 1040 najo 46.40 -0J 4-12 4-19 +04 0.1 ■a185 words
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Article88 1983-04-16 9 APR 14 Did Hoachat 147 J0 At^Tttefiu ukan »1J* 140J0 +2.7 Hocach Hortan Karatadt 4400 142-OOB moo M iifw 13ft 00 +14 330-30 0J ink 1S8J0 >11 ml 1M0 >43 *Hn Linda auo 36# JO -3J Cwiihwi ibi ConU Oumi ruiiwag ***** Mia L7 #J DaJmiar-Ba m mote Rwa88 words
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Article69 1983-04-16 9 APR 14 rn Or Bru Lam Hobok b 100 4710 uneh 30 FORWARD MARKET Am -a P«tro Ryl Dutch Stdro 1430 1474 -70 -30 -30 Arbad nao S0 Aatur 345 -10 M Sohray A MB -00 Ctnptc (Vf 1706 uncta 108 41$ 21 UABO SAUtl EbM Bactrobel Ob-Inno-Bm Oe*69 words
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Article175 1983-04-16 9 APR 14 Pla n* KIM UJ0 140J0 -OJ 0J ABN AAold ***** lauo -2 -A Manaba AJUO AMXV Amfaa Amrobnk 53°" SOJO UUD ZZI ii JO ZZI r jo 91 JO ***** 4030 4400 32J0 -OiT 1J -1 Naardan National Nad Nadllcyd 1 Nmb Oca Orlntan Onmirtr J2J0 15XJ0175 words
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Article200 1983-04-16 9 APR 14 Action* Sulaeea All mill Br Francs 27» 610 unch -6 Sandoa Ret Sulaer Pc Sulaer Rac. 3030 as 1M0 10 -5 unch Aluaulaee Rac. Brown Bonn Br. ptka |*1 I Q. SB 1186 -1 >5 Swlaa Bank Br 8 visa Bank Corp Ref 2a 1 uDt utifj200 words
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Article105 1983-04-16 9 APR M fUlTVTft Bel Central* Ord Cond Aequa Ron Irkltnlt Lire 214 ***** MM la I'M TWO -52 300 25 -34 10 Mediobanca M llano Ass Ord Mondadorl PtIt Montedison Olivetti Ord Pirelli And C Pirelli Spa ***** ***** 3010 130 3006 3000 1100 -300 400 -1010 1.13 -46105 words
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Article190 1983-04-16 9 APR 14 C» AMUM Alean a IT* a mm m -M M 1 ■f M IM Ball Tel BP CM 1 M 2m 73 M 4k Braecan ZZ 2M M l>Tn "iriTWi an 1M Can Pnn M( Carllnc OTCeefe mm MM »M •f k CablRd Lk Cn Bttort a190 words
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Article280 1983-04-16 9 APR 1« Rand INDUSTRIALS A Alpha Abercom AX And CI Amaprop MOC Barlowa C O Smith 738 BO MO 3900 1290 10 10 M ♦a unch rat* Cum* Finance De Bam Ind ZZ iaooe 300 unch 0 Fu*n OrtUmn Hive id Ub Holds Lonrho IT* U And R Mccarthy280 words
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Article1391 1983-04-16 9 NEW YORK A LATE FLURRY of buying sent the market surging ahead on Thursday and the Dow Jones Industrial Average closed at a record high for the second session in a row. The Dow average moved in a narrow range throughout the day and was up only1,391 words
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Page 9 Advertisements
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Advertisement0 1983-04-16 9 \%.,|='|?-^'={%`(]"@\-\<!}/*%:,0 words
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Advertisement72 1983-04-16 9 Examine the world's infantry weapons in unmatched details JANE'S Infantry Weapons 1982-83 1 0> Contents include: Point target weapons Area weapons Anti-aircraft and anti-tank weapons Ammunition Sighting and surveillance systems Training aids and simulators Body armour Includes 2200 photographs and line drawings, PLUS each weapon's function, performance, manufacturing and procurement.72 words
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2928 1983-04-16 10 BID aad otter price* officially listed and liidaw la aad reported to die Stock Exckaage of Singapore yesterday wtth the number of shares traded shown in brackets in lots of 1.000 units unless otherwise specified. All Times Settlement Contracts are quoted after2,928 words
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Article138 1983-04-16 10 i"rM. 1 1 1 H 1 W LIT 1-Hkd and L« LSI nd L» U4 Fund LIT 1M tad L« LS imTHOT Av tftAlf) The Coauncro The Sivhp P S'pare Prog F S pore Sac. r» S'pare Invest S pore Equity Mil Dtamaad A|r S'pare Fd (USI) US138 words
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Article3249 1983-04-16 10 11 Hick MS Law Com pa ay Last Sale orGr's DW DW Or Gr's YTd Net P/E Vol COOO) Day flifh Low 8ECTION ONB INDUSTRIAL ft COMMERCIAL an 186 an 473 an 132 239 330 an MO an 536 1330 478 340 510 7M 380 380 8063,249 words
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Article1764 1983-04-16 10 BID ud after prion nfflrtally listed and hnrlnei in aad mwllJ to the Kuala lampar Stock Fwhonje yesterday, with the number at chare* traded shown la bracket! la lot* of 1.000 uaita nnWi otherwise «pea Bed. INDWIIUU Hmm (188 I MS) (9) 1.» (27) 2.00 (2) 11,764 words
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Article712 1983-04-16 10 A PIBM epeatag it the stock market agaia gave way to proflwtakLag yesterday aad the market eleaed mlxei. psrito bin «u ap lil psiato to StUt ui the Btralts Times ladastrial laiez tocreasei 1.46 petals to 892.(1. Bayers came to early to the iay ea the712 words
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Article653 1983-04-16 10 SHARE prices on the Kuala Lumpur stock market finished on a mixed note after early gains were pared by intermittent bouts of profittaking. After opening higher in line with an all-time high on Wall Street, share prices continued to improve in the first hour653 words
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COMPANY NEWS
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Article702 1983-04-16 11 NYT ONCE again. Wall Street is finding that, aa IBM goes, so goes flie market, as this bellwether stock has repeatedly helped to carry the market to record heights. "It's been a super stock and a highly visible name," said Jay P Stevens ofNYT - 702 words
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Article133 1983-04-16 11 FAR Em* Lsriagstaa aMfcbnOdfeg Llaltel: Seventeenth AGM to be held at No. 31 Shipyard Road, Jurong Town, Singapore 2X2 on April 19 at 1400 hours. THE IHIMMI Cw—Wm *f Magipm Limited: Thirteenth AGM to be held at the DBS Board Room, 46th Storey, Tower Block, DBS Building, 6133 words
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Article71 1983-04-16 11 HENDERSON Land Development Co Ltd has reported group net profit after tax of HK*stf million (S3BJS minwm previously inrhiding extraordinary profit) in the six months ended Dec 31, 1982. There was no extraordinary profit ($48.88 million). Earnings per share was five cents (If cents). An Interim dividend71 words
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346 1983-04-16 11 MING Court Hotel has Invested its substantial cash resources in higher-yielding investments last year in Une with the policy of Its new holding company, Malayan United Industries Bhd. For die 15 months ended Dec 31, 1982, Ming Court's Investments showed a huge Increase to 96J4346 words
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262 1983-04-16 11 A LATE surge of applications for Perusahaan Pelangi Bhd't public Isaae has now raited the subscription rate to about 9 time*. This latest figure, according to a preliminary count, tt double that of a previously quoted figure of around 10 times. The suhstantlsl Increase262 words
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Article103 1983-04-16 11 Letter to the Editor DEAR», I filter whetta any ehaage wnM cm* te exffS*!£e! CSTBt stmi tt um jam i f iwntw as b dene ea ■UMlllNihM. Ann Cf iVJgeTI jwwia ee iiirtiUin, ft* the Mri■nl iMMr Irtwwti, as te MuUttie price far the H»103 words
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997 1983-04-16 11 CHRIS LIM - Market Talk... By CHRIS LIM LONDON etockbroklng firm, Stmao and Comtes, has recommended Natfteaal bee, MBF r and DM tar purchnee. Since the recommendation, the share prices of National Iron and DBS have riaen sharply. MBF made antne gains but the sharea997 words
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Article138 1983-04-16 11 KEFRL IMjJill LM will hold its AGM on May 5 to be followed by an extraordinary general meeting to peas special resolutions to amend mne artldea of association. The company's transfer and register of members will be rinsed tram May 6 to 12 to diet mine 4A gnarenaioers138 words
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Article427 1983-04-16 11 Reuter FOBD Molar 0» said its board has agrsed again to omit payment of a quarterly dividend in the UB second quarter, for the atxth consecutive quarter. Ford last paid a Sft-cent dividend in the lffl fourth qusrter. It expects a profit in the ISO first quarter whenReuter - 427 words
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ASIAN STOCKS
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Article365 1983-04-16 11 THE MARKET advanced for the 12th consecutive session yesterday, cloaiag slightly higher in further heavy trading, with gains distributed throughout the resource and industrial sectors. Near the close the AllOrdinartes index was up IJ2 points at 5H2, bringing the gain over the past five days to 36.5 points, and365 words
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Article329 1983-04-16 11 HONGKONG PRICES CLOSED mixed on Thursday as some early gains were eroded by late profittaking, in moderately active trading. The Hang Seng index closed off 0.22 points at 1,067.14 points after being 2JB points higher by 1100 hrs. The index was 32.97 points above last Friday's finish.329 words
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Article372 1983-04-16 11 SHARE PRICES drifted lower yesterday in active trading on profit-taking and liquidation selling. The market average hit a record 8,554.73 at midday, 0.54 points above the record close on Thursday, but closed 105 points down on the day at 8,552.16. After a mixed showing yesterday morning372 words
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Article95 1983-04-16 11 SHARE prices yesterday moved higher in slow trading at the Securities Exchange of Thailand. AaklMm Thai m KS BarU JuckOT Ctiaroonc Ttn *in Pint Trust sa.it •i Lnduatmi rtnanCa Corp JalapraUian Cama 136 mi— m w unc 1 ♦a Riat Tow MM Union ta ♦1 nk ONHBt Cltjr mt95 words
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Article86 1983-04-16 11 APR U Pan Aco)« Mining Anglo Phil Am* Mining UU uncb Ailu Con B SUB *U Nmo OoM MM -UM fc* una—■ MM nneh ■"VP"* Con M -T CDCP l jo uncb nm PhiI mtrn 1» uncb LfPMto B. 11« +um B Ut uncb otwitai a ub +utt nui86 words
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Page 11 Advertisements
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Advertisement195 1983-04-16 11 SOUTH EAST ASIA DEVELOPMENT CORPORATION BERHAD Notice To Shareholders Your Directors are pleased to announce the result* of the operations of the Company ond of the Group for the year ended January 31,1983 as follows.— Turnover wee Company $'000 31.1.1983 my Group 9 $'000 31.1.1982 Company Group $'000 $'000 3,802195 words
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Chief Price Changes
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Article162 1983-04-16 12 Rites Indices N S T 986 126 April 14 April 15 Ul» km ■00 >40 CWa M Shall HO 40 BT Composite: 884.31 H5.S3 710 +30 BT Indicator: *****6 5NM5 C Pro partial KtWdftiy Vu Dar Horst 488 470 +28 +22 +20 ST Industrials: ST Finance: 891.15 ML 11162 words
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Article, Illustration164 1983-04-16 12 Rises Indices A Hitam Rubber 870 NST 10W Tractors 492 U 0 Land 394 Sel Coconut 314 BKawan 434 Uhi Beaut 890 EvoOrd 930 M Cement 855 Taipteg Text 326 Falls Jack* InH 560 Chin Teck 670 Gold Cote 565 M Text 300 B Lintang 410 +130 +30164 words
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Article297 1983-04-16 12 Sep 30, as well as the amount of dividend to be paid on the enlarged capital. KHONG Oaai bUhp Malayria Bhi now holds 15.02 per cent of the issued capital of Khong Guan Flour MilUng Ltd. The comany yesterday announced that it had purchased 151,000 shares of BAH297 words
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262 1983-04-16 12 UNSCRUPULOUSInvestors have again taken advantage of a bullish stock market to circulate forged share certificates. Multi-Purpose Holdings Bhd said yesterday that It had received for registration four counterfeit certificate*, the first case reported this year. The company explained that the discovery was made upon262 words
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388 1983-04-16 12 Companies Editor: Mano Sabnani GENERAL Corporation Bhd (GCB)-has announced much better results for the year ending Dec 31, 1982, reflecting contributions from its various acquisitions in recent years. Group operating profit rose to M 55.4 million from only 1578,000 a year ago. After taking388 words
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430 1983-04-16 12 MALAYSIA Borneo Finance Corpora tloa (If) Bhd, which la matrl "g a pubUc after of sham, has forecast a pre-tax profit of not leas than MS2S.I million for the year ending this September. This represents a increase of 53 per cent over the430 words
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Article920 1983-04-16 12 EQUITIES were firm in quiet trading oa stock shortage yesterday, while market sentiment remained optimistic over the general economic outlook, dealers said. At 3pm, the Financial Times index was up 4J points at 898.4 after its record 683.9 at 11am. Government bonds drifted from early highs oa profittaking920 words
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Article52 1983-04-16 12 H.K.HANG SENG £*?<!*» 1007.14 1007.30 WMk AfO 1034.17 AUSTRALIAN INDUSTRIALS 701.7 Thursday TOOj Week Ago 664.0 ALL ORDINARIES PYldm 1 r MUJ Thursday 864.7 Week Ago 528 7 FINANCIAL TIMR8 INDUSTRIALS Thursday 688.0 Wednesday 087 1 Week Ago 87X2 DOW JONE8 AVERAGE INDUSTRIALS Thursday... .*****5 Wednesday 1150 6452 words
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319 1983-04-16 12 NAJEEB JAHROM - By NAJEEB JAHROM THE slowdown in tourist arrivals as well as retail trade in Singapore has affected earnings at CK Tang. Latest results released yesterday show a 31 per cent drop in group pre-tax profit to $2.43 million for the year ended319 words
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310 1983-04-16 12 MBF PLAZA (formerly Mil trade Sdn Bhd), the property subsidiary of MBF Holdings, is believed to be fln»Hg<ng a ms4s million loan to finance the construction of its 23-storey building in Jalan Ampang, Kuala Lumpur. fhninras Times understands that the loan, which310 words
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Article76 1983-04-16 12 ssSSrSSFi SWl£Ti5 and teal fliiM «f i par has baea pr» RASA HiraMMHN a a par esat b> erease k group m* hi SSSl" Jmm taL?" 1 Iks year —*sd Pse B, M8L bask la sn. mmm (SBTLlt ■tt). Dlrtetws have reeea* par eat, and eeat grass. PW lm,76 words
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Page 12 Advertisements
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Advertisement200 1983-04-16 12 SINGAPORE GENERAL MANAGER/ PURCHASING AGENT Rapidly growing telecommunications company has General Manager position available. Responsibilities would include initially coordinating with Printed Circuit Board Assembly subcontractor to ensure material cost and reliability targets are being met. Subsequent effort would be to set up and run a Final Assembly and Test operation200 words
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Advertisement202 1983-04-16 12 BUSINESS TIMES Special Focus On r-*. k la WW r JOHOR One out of every seven investors ed Johor as their operating base, is not even new. The trend has been on for 15 years. Manufacturing accounts for more than 23 per cent of GOP and nearly 40 per cent202 words
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Page 12 Miscellaneous
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Miscellaneous54 1983-04-16 12 OUTLOOK for today: Hazy and warm.. Bern* for 24 knn prtor to 7 M pm m April 15 at the airport: Maximum temperature 35.5 Associated humidity 55 Minimum temperature 27.1 Associated humidity 90 Hours of sunshine 9.85 Rainfall in millimetres nu Total rainfall for the month 0.8 Total rainy days54 words
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