The Business Times, 19 November 1983
1983-11-19
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The Business Times
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Title Section11 1983-11-19 1 BUSINESS TIMES M.C.(P) No. 67/1/83 SATURDAY, NOVEMBER It, I*B3 60 CENTS11 words
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305 1983-11-19 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 the305 words
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Article, Illustration640 1983-11-19 1 JOHN LIM - 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 orSource: - 640 words
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313 1983-11-19 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 $140313 words
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Article135 1983-11-19 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 new135 words
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440 1983-11-19 1 LOH HUI YIN - 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 for440 words
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BRIEFLY...
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Article86 1983-11-19 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 system86 words
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Article67 1983-11-19 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
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Article71 1983-11-19 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 actionAFP - 71 words
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Article99 1983-11-19 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
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Article92 1983-11-19 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 Canberra92 words
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Article77 1983-11-19 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 DatukReuter - 77 words
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Article108 1983-11-19 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 sale108 words
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Article168 1983-11-19 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
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501 1983-11-19 1 LIM SOON NEO - 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
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Page 1 Advertisements
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Advertisement227 1983-11-19 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 competitive227 words
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Advertisement138 1983-11-19 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. The138 words
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Advertisement111 1983-11-19 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. A111 words
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HOME NEWS
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521 1983-11-19 2 RICHARD SEAH - 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 face521 words
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290 1983-11-19 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 is290 words
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414 1983-11-19 2 TSANG SAU YIN - 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 Association414 words
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294 1983-11-19 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 receive294 words
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241 1983-11-19 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. The241 words
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90 1983-11-19 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 such90 words
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Article262 1983-11-19 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 will262 words
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Article418 1983-11-19 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 Marketing418 words
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Page 2 Advertisements
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Advertisement247 1983-11-19 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, limited247 words
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Page 3 Advertisements
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Advertisement78 1983-11-19 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
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Page 4 Advertisements
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Advertisement162 1983-11-19 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
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OVERSEAS
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363 1983-11-19 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 $24Reuter - 363 words
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Article346 1983-11-19 5 UPI THE Senate approved a US$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 millionUPI - 346 words
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Article758 1983-11-19 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 0945758 words
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Article, Illustration421 1983-11-19 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, rocketUPI; UPI picture - 421 words
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392 1983-11-19 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 dayReuter - 392 words
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558 1983-11-19 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 interviewReuter - 558 words
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282 1983-11-19 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 theReuter - 282 words
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406 1983-11-19 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 onFT - 406 words
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295 1983-11-19 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 inReuter - 295 words
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258 1983-11-19 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 ofReuter - 258 words
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Page 5 Advertisements
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Advertisement23 1983-11-19 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
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Advertisement92 1983-11-19 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
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Article471 1983-11-19 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 expensive471 words
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Article, Illustration897 1983-11-19 6 TSANG SAU YIN - 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 Joint897 words
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655 1983-11-19 6 SIDNEY WEILAND - 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
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1262 1983-11-19 6 DAVID YOUNG - 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 expatriates1,262 words
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Page 6 Advertisements
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Advertisement250 1983-11-19 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 competitive250 words
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Page 6 Miscellaneous
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Miscellaneous10 1983-11-19 6 Rn StcW: Frnnic Dieters ST? 'M TM>' o wl(r' I <££>10 words
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TIME OFF
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Article, Illustration998 1983-11-19 7 MONICA GWEE - 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 one998 words
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466 1983-11-19 7 LISA LEE - 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 wife466 words
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400 1983-11-19 7 JAMIE LYE - 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 plain400 words
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Article280 1983-11-19 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 rest280 words
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Page 7 Miscellaneous
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Miscellaneous1961 1983-11-19 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 touring1,961 words
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Miscellaneous309 1983-11-19 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
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Page 8 Advertisements
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Advertisement334 1983-11-19 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. It334 words
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Advertisement198 1983-11-19 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« 1198 words
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Advertisement247 1983-11-19 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 J247 words
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Advertisement162 1983-11-19 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 by162 words
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Advertisement210 1983-11-19 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 I210 words
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RAW MATERIALS
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Article1101 1983-11-19 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 undermined1,101 words
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MONEY AND EXCHANGES
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Article319 1983-11-19 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 New319 words
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Article39 1983-11-19 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'pore39 words
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Article59 1983-11-19 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 0.77/0.8259 words
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Article504 1983-11-19 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 most504 words
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Article168 1983-11-19 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 marks168 words
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Article22 1983-11-19 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
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Article196 1983-11-19 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
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Article48 1983-11-19 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 Co48 words
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Article38 1983-11-19 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
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Article92 1983-11-19 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 63592 words
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Article159 1983-11-19 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 $602.00 sellers, Sarawak white pepper159 words
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Article194 1983-11-19 9 YARN and cotton prices were quoted as follows in Hongkong yesterday. (In HK dollars, spot ex-go-down) Cottoo Yon: China Blue Phoenix 20's 2,940, 32 s 3,260, 40's 4.370 (per bale of 400 lbs). Ptoee Goods: China Butterfly and Globe Brand unq, Dragon Head unq. Five Lambs unq. Flower and194 words
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Article107 1983-11-19 9 THE Malaysian crude palm oil market yesterday rose slightly on covering interest, aided by Indian presence at its weekly tender. Interest was concentrated on the current month position, with south region trading Mslo higher and central region M 52.50 up, both to reach M 51,292.50 a tonn?. North107 words
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Article325 1983-11-19 9 SINGAPORE: Yesterday's closing prices in S$ 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
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143 1983-11-19 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 2.5Reuter - 143 words
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Article202 1983-11-19 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 17-90202 words
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Article92 1983-11-19 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 the92 words
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Article289 1983-11-19 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 markets289 words
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Article296 1983-11-19 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 of296 words
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Article336 1983-11-19 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 50 241.00 240.50336 words
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Article121 1983-11-19 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-ton121 words
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Article31 1983-11-19 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
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Article65 1983-11-19 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
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Article75 1983-11-19 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
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Page 9 Advertisements
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Advertisement118 1983-11-19 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 of118 words
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2961 1983-11-19 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 after2,961 words
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Article3533 1983-11-19 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 2733,533 words
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Article1859 1983-11-19 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
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Article660 1983-11-19 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*d660 words
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Article472 1983-11-19 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 took472 words
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Article188 1983-11-19 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 114188 words
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COMPANY NEWS
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Article108 1983-11-19 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
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976 1983-11-19 11 WARNER Communications Inc lost enough money in its Atari computer and video game business in the third quarter US$lBO.3 million to bankroll a year's worth of motion pictures at its Warner Brothers studios. That kind of shock might have976 words
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Article372 1983-11-19 11 EAGLE Star, Ike British Imruec ptap which la recommending sharehsldrrs to accept a £111 mllUea takeover bM by BAT ladaatries, has toM lta itawMi en that pre-tax predto fer the earreat year "wllJ be the erder «I CM mllUea." This is cam pared with £M372 words
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876 1983-11-19 11 NYT THE stocks and bonds that are traded on the London Stock Exchange have been less interesting lately than the brokerage houses themselves. Last week, Vickers da Costa, a medium-sized broker with a strong international trading department, agreed to sell 29.9 per centNYT - 876 words
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Article227 1983-11-19 11 FT UNION CARBIDE, the third largest US chemicals company, is to take a US$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 beFT - 227 words
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INTERNATIONAL STOCKS
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Article387 1983-11-19 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 10387 words
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Article399 1983-11-19 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 of399 words
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Article106 1983-11-19 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 unch106 words
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Article170 1983-11-19 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 18170 words
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Article317 1983-11-19 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 AXIS317 words
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Article106 1983-11-19 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 unch106 words
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Article160 1983-11-19 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 4160 words
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Article69 1983-11-19 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—I69 words
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Article40 1983-11-19 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 unch40 words
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Article164 1983-11-19 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 aio164 words
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Article261 1983-11-19 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 Murch261 words
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Article182 1983-11-19 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 MS182 words
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Article202 1983-11-19 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 Cmbl202 words
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Article1179 1983-11-19 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 most1,179 words
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Chief Price Changes
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Article179 1983-11-19 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 452179 words
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Article, Illustration160 1983-11-19 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 20160 words
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Article49 1983-11-19 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 1235.8749 words
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Article927 1983-11-19 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 changes927 words
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708 1983-11-19 12 HOCK LOCK SIEW - 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. Three708 words
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Article127 1983-11-19 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. SHAREHOLDERS127 words
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Article366 1983-11-19 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 to366 words
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250 1983-11-19 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 shares250 words
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252 1983-11-19 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
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Article460 1983-11-19 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 per460 words
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Article83 1983-11-19 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 1583 words
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Page 12 Advertisements
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Advertisement451 1983-11-19 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 as451 words
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Page 12 Miscellaneous
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Miscellaneous58 1983-11-19 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 rainy58 words
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