The Business Times, 19 November 1983

Total Pages: 12
1 12 The Business Times
  • 11 1 BUSINESS TIMES M.C.(P) No. 67/1/83 SATURDAY, NOVEMBER It, I*B3 60 CENTS
    11 words
  • 305 1 EMPLOYERS in Singapore could face a tight labour situation similar to the one in 1981 unless they mechanise and automate their operations quickly, the Government warned in its latest Economic Survey Report. "The labour market appeared to have tightened, judging from the
    305 words
  • 640 1  -  By JOHN LIM THE Singapore economy enjoyed a real growth of 6.9 per cent for the first nine months of this year and if current business optimism is anything to go by, the year should finish at the high end or
    Source:  -  640 words
  • 313 1 CONTRACT for the construction of the office-cum-shopping complex at the old Wisma Indonesia site is to be awarded to Japanese contractors Takenaka Komuten and C Itoh. The developer, Wisma Development Pte Ltd, will sign the contract, valued at between $130 million and $140
    313 words
  • 135 1 BEWARE of wet blankets, Mr Eugene Yap, Parliamentary Secretary (Labour), told NEC Singapore at the company's first inhouse Quality Control Circle Convention yesterday. Mr Yap was referring to that group of "negative, quarrelsome, aggressive, uncooperative workers" who are quick to criticise any suggestions, ideas or new
    135 words
  • 440 1  -  By LOH HUI YIN THE HOUSING and Development Board (HDB) is now producing bricks in two more sizes, in line with its plan to standardise the components used in building flats. This represents the final stage of the board's modular coordination programme for
    440 words
  • BRIEFLY...
    • 86 1 A HIGH-LEVEL delegation sponsored by Japan Railways Technical Service will arrive in Singapore soon to hold talks with the Mass Rapid Transit Corporation on the application of technology of chopper control for subway trains. The delegation is led by Dr Satoru Sone, an international expert in railway system
      86 words
    • 67 1 MR LIM Ho Hup has resigned as president and chief executive of the Asean Finance Corporation with effect from Dec 31, 1983. His responsibilities will be taken over by the vice-president Syed Elias Alhabshi who will serve as acting chief executive. The AFC yesterday said Mr Lim,
      67 words
    • 71 1 AFP THE Malaysian state-owned Bank Bumiputra has not found any evidence that several officers of its Hongkong subsidiary Bumiputra Malaysia Finance have received Mslo million for loans given to three Hongkong property companies. Deputy Finance Minister Datuk Sabaruddin Chik told the Malaysian Parliament on Thursday night that action
      AFP  -  71 words
    • 99 1 AFP A MASSIVE number of Filipinos yesterday asked President Ferdinand Marcos to "act swiftly" in favour of designating a single person to be his successor lest the country be plunged into further suffering. In an unprecedented full-page advertisement in Manila yesterday, 25 business, lawyer, labour, farmer, teacher,
      AFP  -  99 words
    • 92 1 THE Thai Foreign Minister Siddhi Savetsila said in Singapore yesterday that Asean does not want to isolate Vietnam. "But Vietnam isolated itself from the world community. It's not Asean's fault," he added. Air Chief Marshal Siddhi was commenting on Australian Prime Minister Bob Hawke's statement in Canberra
      92 words
    • 77 1 Reuter SARAWAK'S Head of State Tun Patinggi Abdul Rahman Yaakub dissolved the 48-seat Legislative Assembly yesterday, paving the way for an election next month. State officials in Kuching said the Malaysian election commission is expected to announce polling dates in the next few days. Sarawak's Chief Minister Datuk
      Reuter  -  77 words
  • 108 1 IN OUR lm« of Nov 18, we staled that Goldhill Square Is being offered for sale in the United States dne to the Goei family's need to improve its liquidity and to fnnd other projects. We are now Informed that Goldhill Square has not been offered for sale
    108 words
  • 168 1 THE Singapore stoek market rone for the third consecutive session yesterday us sentiment among Investors continue to Improve. At the final beil, the widely-followed Straits Times Industrial Index was K4.M, np by UJI points the largest dally gala In more than a month. Taken together,
    168 words
  • 501 1  -  By LIM SOON NEO SINGAPORE Shipping Corporation (Pte) Ltd, a sh ipping-cum-property group, is to go public by the end of this year. The company has submitted an application to the Stock Exchange of Singapore on Oct 10 and is waiting for approval.
    501 words
  • Page 1 Advertisements
    • 227 1 Leisu retime... Sporex-Asia '84 5 E Asia sth International Exhibition of Sports Equipment 6 Leisure Goods 19 22 JANUARY 1984 WTC An Interfama organised show Tel: *****12 INSTANT soy sauce that can be made in nine days, instead of the usual three to six months, could significantly sharpen the competitive
      227 words
    • 138 1 YAMAHA CARBON COMPOSITE CLUBS. Proven tops in scientific tests. I M iUJ Tests carried out by a Swing Robot, the most reliable golf testing equipment to date, have proven Yamaha carbon composite clubs to be top in carry or distance, top in directional stability, top in strength and elasticity. The
      138 words
    • 111 1 Boat-Asia '84 5 E Asia 4th International Exhibition of Boats. Pleasure Crafts 6 Ancillary Equipment 19 22 JANUARY 1984 WTC An Interfama organised show Tel: *****12 Hongkong Bank MasterCard Gold. The Summit of Achievement. Hongkongßank -..V V rJ IIBIIS hi iiki w wherever a MasterCard Gold Card is produced. A
      111 words

  • HOME NEWS
    • 521 2  -  By RICHARD SEAH INSTANT soy sauce that can be made in nine days, instead of the usual three to six months, could significantly sharpen the competitive edge of local manufacturers. Being able to slash production costs will be a boon to manufacturers who face
      521 words
    • 290 2 FISHER Controls International Incorporated has set up a new regional headquarters here, in response to a need for increasingly sophisticated training and demonstration facilities in process control systems. Mr Arthur French, chief operating officer and executive vice-president of Fisher, said that there is
      290 words
    • 414 2  -  By TSANG SAU YIN IN A few years time, you may find a Chinese restaurant cook or waitress holding a diploma in restaurant management when they file for a job. This would be one tangible result of setting up a training centre for the Restaurant Association
      414 words
    • 294 2 HEWLETT Packard (Singapore) has won the three special awards given to companies which are active in promoting QCC activities. The electronic manufacturing company emerged as the overall winner of the "Outstanding QCC Company" award which is sponsored by Business Times. HP will receive
      294 words
    • 241 2 Mauritius will not nationalise foreign industries LOCAL industries interested in investing in Mauritius have been assured by a high-level Mauritian delegation that their operations will not be nationalised. The assurances were given to about 180 participants at a seminar called Investment Opportunities in Mauritius at the Hyatt Hotel yesterday. The
      241 words
    • 90 2 LONG breakdowns in the supply of water and electricity may be a thing of the past for residents of Bedok and Tampines. With the opening of the new Bedok complex, which houses the depots of the Water and Electricity departments, other areas such
      90 words
    • 262 2 CONSAFE Offshore AB of Sweden, which recently teamed up with a Malaysian company to market and operate accommodation and construction barges, plans to set up two more companies in Singapore and Indonesia. The Singapore company will be named Consafe Engineering Pte Ltd and about $1 million will
      262 words
    • 418 2 SEMINARS AND COURSES Nov 21-22: Using Multiplan on a Microcomputer, The Arcade (Collyer Quay), Institute of Advanced Computer Technology Nov 21-22: The 1963 Asian Corporate Finance Conference, Mandarin Hotel, Institute for International Research Nov 21-22: User's Guide to Computing, York Hotel, Price Waterhouse Associates Nov 21-25: Senior Marketing
      418 words
  • Page 2 Advertisements
    • 247 2 4> Baume Mercier GENEVE 1830 1 m j. '> I t i > ill < i i i i i 1 f The symbol of your success... Riviera by Baume Mercier. The noble elegance of solid gold, combined with a design for active living, make ownership of this handfinished, limited
      247 words

  • Page 3 Advertisements
    • 78 3 ATOAST To tye opening of Damtaru Department Store r>\IMARI J SINGAPORE HI ,W ?S iss lit With Compliments of tlje Board of Directors an d Staff of Liang Court Pte.Ltd. Smgapore Honfl Kong japan m >■-- A ar* >> ft •\v h* •A 1 <** srfWg SS Wm LJ *r%sr%
      78 words

  • Page 4 Advertisements
    • 162 4 Best Wishes to Daimaru Department Store on tlje occasion of tfjeir opening H>\IMARJJ SINGAPORE >nX u w;-" v. V\K* tv-. tflis 3 -.1 IS v T V *j 'i\ V&S?** <% «sWV V\ y^pH ***|PL •*,WX" X .;,.V. W ~■> ~y^ Board of Directors and Staff of Wutyelam Holdings (Singapore)
      162 words

  • OVERSEAS
    • 363 5 Reuter NEGOTIATORS from both Houses of Congress have approved a record US$249 billion defence spending package for 1964 that continues President Reagan's military buildup. They deleted the administration's request for $124 million to be spent on a nerve gas shell programme but agreed to $24
      Reuter  -  363 words
    • 346 5 UPI THE Senate approved a US$B.4 billion increase in US financial backing (or the International Monetary Fund on Thursday to help it resolve the debt problems of Third World nations. The measure was adopted 67-30 as part of a complex amendment to a $302 million
      UPI  -  346 words
    • 758 5 ARRIVALS Service Local Operator Number Time From FT FT71 0040 JFK/ORD/ANC/ NRT/TPE SIA SQ11 0110 LAX/TYO CAL CI331 0150 TPE PAA PA5 0225 JFK/SFO/HKG MAS MH601 0820 KUL CV CV796 0900 LUX/DXB MAS MH671 0905 KUL SV SV386 0910 JED/RUH MAS MH81I 0910 PEN CAL CT806 0945
      758 words
    • 421 5 UPI YASSER Arafat, his hand swathed in bandages, holed up in the northern port of Tripoli and vowed to fight yesterday despite massive casualties and a steadily tightening rebel siege. Palestinian rebel leader Said (Abu) Mussa brought up extra tanks, rocket
      UPI; UPI picture  -  421 words
    • 392 5 Reuter IRAN has threatened to boost its oil output significantly if Saudi Arabia maintained production at its present high levels. Iranian deputy oil minister Abbas Honardoost said in an interview on Thursday his country would raise production to over 3.2 million barrels per day
      Reuter  -  392 words
    • 558 5 Reuter WEST German Chancellor Helmut Kohl said the Soviet Union appeared ready to drop its demand that British and French weapons should be included in Soviet-US nuclear arms reduction negotiations. Mr Kohl told a group of journalists in a television interview
      Reuter  -  558 words
    • 282 5 Reuter BRITAIN'S Conservative government, elected on a platform of lower taxes, on Thursday announced that it might have to increase them. Finance minister Nigel Lawson told Parliament some net increase in taxes would probably be necessarh in his national budget for the
      Reuter  -  282 words
    • 406 5 FT THE main international financial organistions are to pool resources over the next few months to try to work out guidelines for a better coordination of the world monetary system. This was agreed by top financial officials from the main industrialised countries in Paris on
      FT  -  406 words
    • 295 5 Reuter JAPAN and the European Economic Community have agreed on a 1984 export limit on Japanese video taperecorder (VTR) shipments to the common market of 3.95 million sets, the same as this year. Community diplomatic sources said. The figure covers sets made in
      Reuter  -  295 words
    • 258 5 Reuter POLAND may try to persuade western governments to write off some of its huge debt to them, sources close to Polish delegates at debt talks in Paris said on Thursday. Polish officials spelled out losses suffered by Poland as a result of
      Reuter  -  258 words
  • Page 5 Advertisements
    • 23 5 Pan Am's 7475P Daily At 8.15 am To Hong Kong. It Flies Higher, So You Fly Smoother. Pan Am.You Can't Beat The Experience.'
      23 words
    • 92 5 If golfs your game Tan-West's the name... at Centrepoint. Now in the heart of the city you can get all the w inning names in golf gear and accessories under one roof. Pan West Centrepoint. There's also a fine selection of equipment for all games. Drop by and browse around.
      92 words

  • 471 6 FAST and expensive are words normally used to describe sports cars and the sort of lifestyles led by those who drive them. In Singapore, fast and expensive is becoming increasingly appropriate in describing various types of food. Famous Amos, reputed to be the world's most expensive
    471 words
  • 897 6  -  By TSANG SAU YIN THIS seems a bad time to open a store and a very large one at that. For Daimaru, however, the $45million Japanese superstore which was ceremoniously opened yesterday, it is about as good a time as any. A Joint
    897 words
  • 655 6  -  By SIDNEY WEILAND Reuter COMMONWEALTH leader* repreaeattag «ae-third *f the w.rld's utteaa gather la New DeOd aert week far summit e«feceace likely le foeaa heavily ea Afrieaa prabltw The IS Afrieaa member*, aagered by May* la rteeriag Namibia (Seath Weal Africa)
    Reuter  -  655 words
  • 1262 6  -  EXPATRIATE INVESTMENT By DAVID YOUNG "BUT if I Just leave my money in Jersey and don't declare it, the Revenue will never find out. So why worry about tax planning?" Every time I discuss tax and investment with a group of expatriates
    1,262 words
  • Page 6 Advertisements
    • 250 6 Times Vision -r N ,4» V', <w y-*:*k C: ?x v sc-'" v* V V 3 ..-«#>■ 1 «*Sc *41 \> H V i:: f i f Pf if *4 &XV v i. »I. A professional video production house Being seen and heard by your target audience can create competitive
      250 words
  • Page 6 Miscellaneous

  • TIME OFF
    • 998 7  -  By MONICA GWEE ONE WAY to surtl up the Goethe Institute is to point to the plants in the office. They are not your usual nursery-bought money plants management supplies to balance out the typewriters. These plants have been brought from home and in one
      998 words
    • 466 7  -  By LISA LEE When We Are Old. Nov 20, SBC Channel 5,10.10 pm. 60 mins. THIS moving story of the pain of separation between an old Japanese couple is likely to leave some wet eyes in the audience. Okazaki Ryukichi and his wife
      466 words
    • 400 7  -  By JAMIE LYE RAISING the interest of the layman in science has never been easy, yet every passing month makes ignorance of science almost as serious as illiteracy. That was why Singapore's Science Centre evolved to stimulate, titillate and just plain
      400 words
    • 280 7 THE Ministry of Communications brought journalists in search of traffic jams this week to impress upon them the economic and other implications of having too many cars on the road. At least one jam was found, on the opposite side of the road. The rest
      280 words
  • Page 7 Miscellaneous
    • 1961 7 WHAT'S ON CONCERTS SSO and Singapore Symphony Chorus. Soloists: Alfreda Hodgson (mezzo-soprano), Kenneth Bowen (tenor) and David Thomas (bass). Programme: Elgar's The Dream of Gerontius. Nov 25 and 26, 8.15 pm, Victoria Concert Hall. DANCE Alexander Roy London Ballet Theatre. Established as one of the most stimulating and successful touring
      1,961 words
    • 309 7 BOOKS NEW adult fiction from the National Library and its branches: GARDAM, Jane The Pang of Love and Other Stories. London: H. Hamilton. 1981. (L, Ma) The stories are about love in all its manifestations. Never romantic, they are sometimes funny and bitter-sweet. eI7FRISCH, Max Bluebeard. London: Methuen. 1983. (L,
      309 words

  • Page 8 Advertisements
    • 334 8 Where to wine, dine and entertain BUI with the American Express Card 'if you don't already have the Card, call *****33 for an application form" "Let's haw NfflyawM I vX this Sunday" i "Daddy, what's Nonya food?" "Nonya food is a creative cuisine developed by the early Straits settlers. It
      334 words
    • 198 8 JAPANESE RESTAURANT For sushi. For teppanyaki. For other authentically Japanese delights. )jh'h limit.'- IJ m< >i >n "> j> f ,j( p HI I< I I'f I/> Tl l or reservations ,'h 01// C ISO ni(iir\ I*j irk Si i< »i*i Hoi i. Si i I*4: i| >« »r« 1
      198 words
    • 247 8 A special garden atmosphere where time never runs out. Here, master chefs prepare delicious and lingering tastes from gourmet style to simple meals; both Oriental and Western fare. Special Feature Singapore Flavours" k Buffet Lunch Dinner a V Till Nov 30 x Lunch: $12 X Dinner: $15 fv AJy J
      247 words
    • 162 8 The Quest for Gourmet Adventurers v», At the Inn of Happiness. iVour search is over. The quest accomplished. Whatever you choose, it's flaS) bound to be memorable. V 1 A great place tobe. f 1 1 Dine in the grand tradition of emperors Ctrnr Where sumptuous meais are prepared by
      162 words
    • 210 8 lyf At »g w i r tftßii hrL A nrc.it plaa to unwind wirh friends. Let our 2 talented hands entertain sou with sensational music while you sip over a tool drink. 20% discount on all drinks during, happy hours (Spin 7pm daily) u I Business hours; F P I
      210 words

  • RAW MATERIALS
    • 1101 9 COFFEE: Robusta futures yesterday were easier at midday in quiet, largely featureless trading, with most active March bid at £1,855 a tonne against £1,861 at Thursday's close. Lack of buying interest saw prices drift lower by up to £14 after the weaker opening. The market was further undermined
      1,101 words
    • MONEY AND EXCHANGES
      • 319 9 GOLD futures in Singapore yesterday closed slightly firmer in light trading in line with the metal's marginal rise in overseas markets. Total sales for the day were recorded at 193 lots while kerb volume was 128 lots. Prompt closed slightly firmer at U*****.30/378.80 an ounce against $377/378 in New
        319 words
      • 39 9 Itan W e4 New York 8.64B 8.55B 8.69S 8.60S Zurich 8.4TB 9.08B 8.S2S M 9.13S Singapore r n 8 SOB 11U1 8.55B 8.65S 8.60S Cosing price* in US dollars a troy ounc r Source: Credit Suisse, S'pore
        39 words
      • 59 9 THE US dollar was narrowly mixed against other major currencies in fairly active late trading yesterday. Banknote rates yesterday (HK per 1): US 7.795/7.815 UK 11.40/11.60 Brunei 3.635/3.655 W Germany 2.89/2.91 Malaysia 3.315/3.335 Philippines 0.39/0.42 Singapore 3.645/3.665 (HK per 10): Burma —150/2.50 India 6.00/6.20 (HK per 100): Indonesia 0.77/0.82
        59 words
      • 504 9 THE US dollar firmed against most major currencies on the local foreign exchange yesterday, but it remained stagnant against the Singapore dollar. It was a very dull market for the local unit. The greenback opened at 552.1310/20 against the Singapore dollar. It remained at that level for most
        504 words
      • 168 9 THE US dollar yesterday closed unchanged from the opening at 235.75 yen in slow trading after fluctuating narrowly, but was slightly above the 235.55/65 New York close and the 235.35 finish in Tokyo on Thursday. Trading volume was a thin $891 million. The dollar rose to 2.6922/ 32 marks
        168 words
      • 22 9 THE average rate at which major Singapore banks are currently prepared to lend to their best customers is 8.96 per cent.
        22 words
      • 196 9 ASIAN ASIAN currency deposit interbank rates as at 5 pm on Nov 18: US Dollar* Offer Bid 7 days 9* 9H 1 month 911/16 99/16 2 months 9 15/18 913/16 3 months 10 9H S months 10* 10 9 months 10 5/10 10 3/16 12 months 101/18 105/16 Dm. SwJra.
        196 words
      • 48 9 RANGE of price* offered by discount houses on Nov 18: Overnight: 3 Call deposits: 2 3 TIMIM Buying Setlimg 3-month Treasury bills 2H 2H 3-month Bank bills 713/1« 711/16 3 months CD 7 5/16 7 3/16 6 months CD 7 5/16 7 3/16 Source: National Discount Co
        48 words
      • 38 9 RESULTS of tender held yesterday for 91-day Treasury bills. Offered: $60,000,000 Applied tor: 1139,000,000. Accepted bids: $99.35 approximately 76 per cent; higher bids in full. Average rate of discount on allotment: 2.605 per cent per annum.
        38 words
      • 92 9 THE dollar yesterday opened firmer In London compared with late Hongkong levels and Thursday's close in New York with the currency underpinned by international tension and the US financial outlook, Opening quote* yesterday US 1.4780 90 Can 1 8280/306 Crow *****/7« D Mk 3 9825 60 Dfl- 4.4595 635
        92 words
    • 159 9 CHINESE PrHiee Exc Singapore, noon closing prices per 1M kg yesterday. Coeoast oil: Bulk fob $159.00 sellers, old drum (in second hand drum) fob $172.00 sellers, new drum fob $176.00 sellers. Copra: Mixed (loose) $90 buyers. Pepper: Muntok white pepper fob Asta NLW $602.00 sellers, Sarawak white pepper
      159 words
    • 194 9 YARN and cotton prices were quoted as follows in Hongkong yesterday. (In HK dollars, spot ex-go-down) Cottoo Yon: China Blue Phoenix 20's 2,940, 32 s 3,260, 40's 4.370 (per bale of 400 lbs). Ptoee Goods: China Butterfly and Globe Brand unq, Dragon Head unq. Five Lambs unq. Flower and
      194 words
    • 107 9 THE Malaysian crude palm oil market yesterday rose slightly on covering interest, aided by Indian presence at its weekly tender. Interest was concentrated on the current month position, with south region trading Mslo higher and central region M 52.50 up, both to reach M 51,292.50 a tonn?. North
      107 words
    • 325 9 SINGAPORE: Yesterday's closing prices in S$ per kilo, ex-godown: THAI WHITE: 100 per cent first class (Kangaroo) new crop 1.06, 100 per cent second class 0.78, 100 per cent third class 0.76, 25 per cent new crop no stock, B-10 per cent 0.70. THAI BROKEN: A-super 0.61, Special 0.55.
      325 words
    • 143 9 Reuter AUSTRALIA lacked support at an International Sugar Organisation (ISO) meeting in London for its proposal to postpone until March 31 1984, the date by which ISO exporting members must meet their special stocking obligations. At present, exporters have to stock in total 2.5
      Reuter  -  143 words
    • 202 9 SOYBEAN futures in Chicago on Thursday ended from one to 10 '4 US-cents a bushel higher in active trade. January traded in a 26-cent range. Prices traded choppily most of the day with never enough selling to push values down to the next major support level in the 17-90
      202 words
    • 92 9 THE WHEAT report was unavailable. Spot December corn futures in Chicago on Thursday ended V« US-cent a bushel lower while other months firmed as much as IVi cent in active trade. December traded in a 6V4cent range. Futures traded nervously through the day, following soybeans. Prices rallied near the
      92 words
    • 289 9 ANOTHER uneventful week of narrow trading bands was experienced as the market edged up gradually over the 237-cent (S) mark for December One RSS only to lose all its small gains finally, Holiday, Cutler, Bath Ca said in its review of the Singapore and Malaysian rubber markets
      289 words
    • 296 9 THE RUBBER market in Singapore yesterday closed slightly higher with December One RSS buyers quoted at 235.75 cents per kilo, up a quarter cent from Thursday's close. The morning session opened a half cent higher on steadier London advices and thereafter fluctuated uncertainly around opening levels on lack of
      296 words
    • 336 9 RAS prices In cents per kilo yesterday: Noon Close (per kilo) (per kilo) Buyers Sellers Buyers Sellers Int. 1 R.S.S. prompt f.o.b. 234.00 235 OON 233 75 234 75N Int 1 R.S.S. December 236 00 236.50 235 75 236 25 Int. 1 R.S.S. January 240 50 241.00 240.50
      336 words
    • 121 9 NOON SSR and SMR pnn* yeaterday RAS Deceai ber Jaauary (Cur-real Mtkl (Forward Mtkl Buyer* Sellers Bayer* Seller* SSR 20 (1 ton pallet! ***** 203 00N 202.50 204 50N SSR SO (I ton pallet 1 ***** 201 OON 200 50 202.50N MRELB December Jaaaary SMR CV (1-ton
      121 words
    • 31 9 Rubber; Nov 18 Singapore: December: 235.75 (up 0.25 cent) Malaysia: December: 261.25 cents (up 0.25 cent) Tin: M 530.31 per kilo (up seven cents) 86 tonnes (down 34 tonnes)
      31 words
    • 65 9 THE Straits tin price in Penang yesterday firmed seven cents to M 131.31 a kilo, within the ITA lower range of M 529.15 and Ms*2.H. The offering was 86 tonnes, down from 121 on Thursday. The buffer stock manager gave storng sapport, taking the bulk of the disposal.
      65 words
    • 75 9 Reuter MALAYSIAN crude palm oil output in October fell to an estimated 294,000 tonnes from a revised 309,642 in September and 396,985 in October last year. The Palm Oil Registration and Licensing Authority said the decline included lower production in most parts of the country.
      Reuter  -  75 words
  • Page 9 Advertisements
    • 118 9 Memories 8. I S. Jim's hoard meeting must he running late. I'm glad he asked me to come hv mvself in case he was delayed. The music and atmosphere hnngs hack memories of the time he proposed three years ago today. The service is still impeccable and its nice of
      118 words

  • 2961 10 BID and offer prices officially listed and business in and reported to the Stock Exchange of Singapore yesterday with the number of shares traded shown in brackets in lots of 1,000 units unless otherwise specified. All Times Settlement Contracts are quoted after
    2,961 words
  • 3533 10 Gr*» Gr's Net IMS Last Div DW YTd P/E Vol Day High Low Coatpaay SaU +«r- Ctt (•000) High Low SRCTION ONE INDUSTRIAL COMMERCIAL 286 226 Aetna 245 4-13 7.5 20 225.0 34 245 232 354 148 Alcom 273 4-1 5.0 33 13 24.1 1 273 273
    3,533 words
  • 1859 10 BID and offer prices officially listed and business in and reported to the Kuala Lumpur Stock Exchange yesterday, with the number of shares traded shown In brackets In lots of 1,000 uniu unless otherwise specified. MHMRUU /Una (3 008 3 03S) (U) 100 (1) 2 99 (9)
    1,859 words
  • 660 10 SHARE prices BMved if okarply yeatorday sa Ike Stogspsrt stock market la «m tke mastUvcly tradTke wldely-fellswed Straits Tines ladastrtol Mex rase UJI pitots to BMJ4 at the flaa! keU. Tke all-sector Baslaeao Tlaes Csmpsstte ladex advaaeed itt pi tots to Mia. Dealers said prices mm*d
    660 words
  • 472 10 A LATE withdrawal of interest caused share prices to finish off-best on the Kuala Lumpur stock market yesterday. But overall, prices still managed to close above their previous day's levels and turnover picked up substantially. The steady close capped this week's strong recovery and took
    472 words
  • 188 10 Maaagero' prte m far Nov 11 A 21 SINGAPORE UNIT T*U ST DIAMOND MOT 8 itori 1 The Commerce ijn 3 58 Oct Nov The Savings Fund 1.94 2.08 Diamond S'pore Prog Fund 1 .46 156 Spore Fd(USS) 034 0.50 S pore Sec. Fund 230 2.34 St 114
    188 words

  • COMPANY NEWS
    • 108 11 LINGU1 Developments Berlutd: Fifteenth AGM to be held at Conference Room 1, First Floor, Hotel Merlin, Jalan Sultan Ismail, Kuala Lumpur on Nov 21 at noon. UAC Berhad: Twentieth AGM to be held at 15th Floor, Wis ma Supreme, Jalan Punchak, Kuala Lumpur on Nov 22 at noon.
      108 words
    • 976 11 WARNER Communications Inc lost enough money in its Atari computer and video game business in the third quarter US$lBO.3 million to bankroll a year's worth of motion pictures at its Warner Brothers studios. That kind of shock might have
      976 words
    • 372 11 EAGLE Star, Ike British Imruec ptap which la recommending sharehsldrrs to accept a £111 mllUea takeover bM by BAT ladaatries, has toM lta itawMi en that pre-tax predto fer the earreat year "wllJ be the erder «I CM mllUea." This is cam pared with £M
      372 words
    • 876 11 NYT THE stocks and bonds that are traded on the London Stock Exchange have been less interesting lately than the brokerage houses themselves. Last week, Vickers da Costa, a medium-sized broker with a strong international trading department, agreed to sell 29.9 per cent
      NYT  -  876 words
    • 227 11 FT UNION CARBIDE, the third largest US chemicals company, is to take a US$l4O million charge to net profits in the fourth quarter against the cost of closing some of its ageing chemicals and plastics plants. The main impact of the write off will be
      FT  -  227 words
  • INTERNATIONAL STOCKS
    • 387 11 HONGKONG STOCK prices yesterday closed lower after a quiet and lacklustre day. The easiness was attributed to technical factors after the rally on Thursday and to some book-suqaring ahead of the weekend. Leaders were generally lower with Cheung Kong easing 10 cents to HK$7.l5, HK Land 10
      387 words
    • 399 11 STOCK prices yesterday closed lower after late profit-taking and liquidation more than offset initial gains. The market average lost a provisional 30.27 and closed at 9,386.69. Video tape recorder makers' shares were sold after news that Japan and the EEC agreed to limit 1984 exports of
      399 words
    • 106 11 THE stock market yesterday closed mixed after a week of dull trading. MOV 1» Acoje Mining Anglo Phil Apex Mining B Allan Con. 8. Bagulo OoM Bute Petroleum Benguet Con B CDCP Ptm PhU Hldgs Lepanto B. Peaoa ***** 43 0.001 0008 114 ojsa 1 0 0825 -0.0015 unch
      106 words
    • 170 11 MOST shares yesterday closed lower in a sluggish volume of 257,800 shares. The Book Club Index dipped 0.1 point to 123.85. Sermsuk fell 12 baht to 446, reflecting poorer than expected third quarter results. Thai Glass eased four to 249 and Siam Commercial Bank two to 471. NOV 18
      170 words
    • 317 11 INDUSTRIAL stocks yesterday continued to rise on Australian share markets, fuelled by a stronger banking sector. Near the close, the AllOrdinaries Index was up 4.7 points at 714.9 nov ia emu IS AM* an APM 230 1 Aberfoyle 190 ♦a B 114 ♦i -3 -0 310 ia unch AXIS
      317 words
    • 106 11 mov n i Baitnfl Bel Jrc IIS *1 ran -no 1230 -92 ***** UB 7441 fll 3067 43 Cantrale Ord Zona Acqua Roma End an la Plat Ord aim xli -ft n Pm 4MB (Alecmenu Ord 4460 talcai 1M0 1 +100 13 I 190 •00 1 unch -30 unch
      106 words
    • 160 11 mov n m abn 944 00 Ahold 16ZJ0 unch Akao BUD 04 AMTV inn 1 Amlu uroo 5 Amrotmk MOO -07 B*rk 0 2 Bote nn -0.7 Borsumg moo unch ft-T*-nio 04 Burtel SI JO -U Catend a* -01 Calv 9000 ♦1 Dell Ml] nn 0J DmWr 444.00 4
      160 words
    • 69 11 nov n say--*-Dm mao in to ■u 1J 0J -i 13 -1.7 -1 pajaasa <M I«J» Mf 4jil 1XJD Deuuch* Bank xnyo -03 DrMdntr Bank lasjo -11 OHH 136 50 Hoaehst ***** -03 91 -50 -2 lruo i Kantadt »l.» -0J KHD Un«« ***** i i Philip* Komm Pnu—I
      69 words
    • 40 11 NOV tl rr* FORWARD MARKET Aetc SM -10 Art*d 1130 M Aitur M2 •11 Brucvi IflH 36 Cmnpac Cock 21S5 in -SO -1 Df Bern 413 •10 Kb** M20 unch BcctrotMl 04» 30 Ob-Inno-Bm 3100 10 Or* SMO unch
      40 words
    • 164 11 www Action* SuImm no 1V» 25 All—uimm Wm. Drown Bovtri Be. 1 1 ate 0«iC7 Br. at» o*i€T r c Cite Oalcjr fU( Credit Bullae Br Credit Suuac Rc« Ehktronu Br. O«orfc PlaelMT Br OtOtMU Pc 205 11*0 2215 I«10 980 10 15 10 SO It 2145 Wl aio
      164 words
    • 261 11 nov n Rmnd INDUSTRIALS Un Steel L'nisec Wool worth l» 520 -S -IS unch A Alpha Abercom AK And CI HO SO too 10 unch unch Anfloa MININGS Amaprop A MIC Barlows C O Smith 410 BOO 1290 X2SO 10 -SO -20 Bljrjroors Buffets Charter Cons OoM Cons Murch
      261 words
    • 182 11 hov n Frs CORBEILLE »I».I jq U ia« MOJO L» Aqultalne Nat Das Petrol* 1M10 ■U 8 N Oerrala Dtnont C8F (Thomsonr*t) tm in -8 -U Cle Francalae am niniiM 154 10 •1.4 Credit Fonder De France Ml -4 Hachette (Ubrmliie) UN T» Michel in (B) Omnium KB MS
      182 words
    • 202 11 NOV 1? C$ Abiubi BH H A lean 41 It Alfoms a H Bank Mont so unch Bank Nor* SroUa Bell Tel SI* unch BP Can Ltd 22 S Bructn 38 S unch Can Imp Bk S1H Can Prm Mg Can par z H Car line O'Keefe unch Cmbl
      202 words
    • 1179 11 NEW YORK A FINAL hour rally helped the stock market close higher for the second straight day on Thursday, but trading volume was subdued because of forecasts of higher interest rates and a sharp increase in money supply. The Dow Jones Industrial Average, which was trendless most
      1,179 words

  • Chief Price Changes
    • 179 12 Rises Kg Laajut $150 480 40 Anibaaaador 850 30 Kuutiai 60« 730 30 P>Mr Product* K G HMgs 320 243 23 23 Kentucky Spore 488 22 8 T P 197B 1280 20 Baao 1080 20 M T C 7 St 580 20 Kialt Sidim 520 20 J Ceaeat 452
      179 words
    • Article, Illustration
      160 12 A Hitam Rises Indices 750 50 Petaling 1040 30 Nov 17 Nov 18 NST 1670 30 MBT Indicator: *****53 *****37 Choc Prod 615 25 NST Industrials: 1334.69 1341.62 Lien Hoe 895 20 NST Finance: 2530.70 2542.85 Talam 970 20 NST Hotels. 659 40 659.52 OC BC 1200 20
      160 words
    • 49 12 H.K.HANG SENG Thursday 710.1 Week Ago 712.5 Thursday 882.29 Week Ago 844.94 FINANCIAL TIMES INDUSTRIALS AUSTRALIAN INDUSTRIALS Friday 927.2 Thursday 919.6 Week Ago 913.4 ALL ORDINARIES Friday 714.9 Thursday 7218 Wednesday 722 8 Week Ago 720.6 DOW JONES AVERAGE INDUSTRIALS Thursday 1254.67 Wednesday 1251.32 Week Ago 1235.87
      49 words
  • 927 12 EQUITIES opened easier in slack trading yesterday, but Tate and Lyle firmed on renewed bid speculation, dealers said. Tate and Lyle touched a high of 410p against Wednesday's close of 390 before easing to 400p on profit-taking. The company said it is not aware of any significant changes
    927 words
  • 708 12  -  CompanieTEditor ALAN LEE By HOCK LOCK SIEW MALAYSIA'S decision to postpone the planned equity restructuring of two large foreign banks is likely to give rise to a possible relaxation of governmental pressure on Singapore banks to localise their operations. Three
    708 words
  • 127 12 KINTA KeliM Tin Dredging PLC has changed its Malaysian branch registrar to TACS Management Sdn Bhd, 3rd Floor, Wisma Low Kim Her, 225/227, Jalan Brickfields, Kuala Lumpur. BOLTON Properties Bhd has announced the death, on Nov 10, of one of its directors, Da to Tan Chee Hoe. SHAREHOLDERS
    127 words
  • 366 12 CHEMICAL Company of Malaysia (CCM), a member of the ICI group, has once again blamed its fertiliser business for the continued poor yearend performance. Preliminary results for the financial year ended Sep 30, 1983 showed a sharp decline of 19 per cent in pretax profits to
    366 words
  • 250 12 AMALGAMATED Steel Mills Bhd (ASM) has explained to shareholders that it needed to raise money through its proposed three-for-four rights issue to reduce its gearing. Besides the rights issue, the company is also proposing a bonus and a sub-division of its shares
    250 words
  • 252 12 Reuter i A £4.5 million edible oil refinery, which will procI ess mainly palm oil, has begun operations in Hall, England, an official of one of the Ave companies in the venture said. Datuk Borge Bek-Niel-sen, senior executive director of Malaysianbased United Plantations Bhd,
    Reuter  -  252 words
  • 460 12 BOUSTEAD Holdings Bhd (BHB) has proposed Jo increase its stake in UAC Bhd to about 20.4 per cent from 13.6 per cent. The additional 6.8 per cent or 3.745 million shares in UAC are to be purchased from Bumiputra Merchant Bankers Bhd (4.5 per
    460 words
  • 83 12 KESANG Holdings Bhd's group pre-tax profits fell to MS3.14 million for the year ended June 30, 1983 compared with $4.52 million in the previous year. Group turnover, however, rose to $15.99 million from the previous year's $12.55 million. Directors have recommended a first and final dividend of 15
    83 words
  • Page 12 Advertisements
    • 451 12 A gilt-edged investment for the year ahead S Sj —m* J r A $65 per set As an executive in the fastest growing economic region in the world vou have to he one appointment ahead of vour competitors all the time. The 1984 Times Diarv has heen carefully designed as
      451 words
  • Page 12 Miscellaneous
    • 58 12 OUTLOOK for today: Cloudy. Report for 24 hours prior to 7.31 pm on Nov 18 at the airport: Maximum temperature 31 h Associated humidity Z!ZZZ"ZZ 63 Minimum temperature 22 2 Associated humidity ZZZZZZZ. 94 Hours of sunshine 1,55 Rainfall in millimetres Nil Total rainfall for the month 130.9 Total rainy
      58 words