The Business Times, 31 December 1983
1983-12-31
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The Business Times
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Title Section10 1983-12-31 1 BUSINESS TIMES M.C.(P) No. 67/1/83 SATURDAY DECEMBER 31,1583 60 CENTS10 words
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Article, Illustration410 1983-12-31 1 LOH HUI YIN - By LOH HUI YIN A LOCAL company has offered a massive $38,500 in monthly rental to run a petrol kiosk in the Central Business District. The kiosk will be the Singapore Petroleum Company's second petrol sales outlet. Ricardo Auto Centre Pte410 words
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Article, Illustration465 1983-12-31 1 AMY BALAN - By AMY BALAN DATA General's $53 million manufacturing facility will be the largest single investment in Singapore for computer hardware. One of the world's major computer manufacturers. Data General will manufacture multi-layered printed circuit boards at a plant to be built in465 words
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415 1983-12-31 1 LIM SOOH NEO - By LIM SOOH NEO THE Government is taking steps to ensure that foreign workers are recruited properly through legal employment agents. For a start, it has proposed raising the present penalty for operating an employment agency without a licence. Further, an employment agency415 words
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381 1983-12-31 1 CHAN HO Engineering, a recognised lecal high techaology company, will be givea a third graat by the geverameat ta develap another sophisticated industrial machine. This third graat sf aboat S*7C,tM will be ased ta predaee a campaterised flame ileal ceatrol (CNC) press381 words
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BRIEFLY...
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Article100 1983-12-31 1 THE Commission of Inquiry into the Sentosa cable car tragedy yesterday presented its report to President Devan Nair. The three-man presidential commission, led by Justice Lai Kew Chai, took 56 days to record evidence from about 100 witnesses. Justice Lai was assisted in the inquiry by Captain100 words
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Article97 1983-12-31 1 Reuter PHILIPPINE President Ferdinand Marcos said yesterday that he is willing to meet an opposition demand for fresh registration of voters before National Assembly elections in May, even if it is expensive and inconvenient. "I have no objection to a totally new registration, no matter how expensiveReuter - 97 words
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Article89 1983-12-31 1 Reuter PEUGEOT car division management in Paris told union representatives at its strike-bound Talbot car plant at Poissy yesterday that the plant would be closed indefinitely from Monday, and that salaries would not be paid. The management said in a communique that workers illegally occupying theReuter - 89 words
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Article105 1983-12-31 1 UPI THE Soviet Union severely restricted the emigration of Jewish citizens in 1983. The Inter-governmental Committee for Migration (ICM) said in Geneva yesterday that only 1,300 Soviet Jews arrived at the ICM processing centre in Vienna during the year, which was less than half the 2,700 arrivals inUPI - 105 words
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Article66 1983-12-31 1 Reuter INDONESIAN Foreign Minister Mochtar Kusuoaatmadja said yesterday that Jakarta is in no hurry to restore full diplomatic relations with China until Beijing clarifies its attitude towards regional subversion. Mr Mochtar said, however, that relations between the two countries, frozen since the communist-inspired coup attempt in Jakarta inReuter - 66 words
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Article89 1983-12-31 1 FT GENARAL Motors, the world's biggest car maker, is planning to rehire 10,000 more workers over the next few months as it prepares for its best year ever in terms of production in 1984. So far this year, GM's sales of passenger cars are up 14.9FT - 89 words
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293 1983-12-31 1 THE Singapore stockmarket capped off a bullish 1963 on the last trading day for the year yesterday to finish at an all-time high. On the Straits Times Industrial Index, the market moved up another 0.96 points to 1,002.03, extending Thursday's record-breaking run which293 words
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496 1983-12-31 1 THE decision made by the Singapore Broadcasting Corporation (SBC) to increase radio and television licence fees appears to be unjustified. The majority of consumers still find SBC's audio and visual content unsatisfactory, said Dr Lee Ngak Siang, president of the Consumers' Association496 words
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Page 1 Advertisements
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Advertisement238 1983-12-31 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 QCMDS THERE will be a touch of Hongkong in the $150 million People's Park Katong when it opens its doors next month Page238 words
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Advertisement133 1983-12-31 1 COMPOSITE CLUBS. Proven tops in scientific tests. 1 V) vv 4> 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 secret133 words
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Advertisement34 1983-12-31 1 Leisuretime JK Boat-Asia *84 SE Asia 4th International i Exhibition of Boats. Pleasure Crafts Ancillary Equipment 19 22 JANUARY 1984 WTC An Interfama organised show Tel: *****12 Hongkongßank MasterCard Gold. The Summit of Achievement.34 words
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HOME NEWS
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Article, Illustration591 1983-12-31 2 LEE HAN BHIH - By LEE HAN BHIH THERE will be a touch of Hongkong in the $150 million People's Park Katong when it opens its doors next month. For a start, Happy Valley Restaurant will be setting up a branch in the sixstorey, brightly-coloured and architecturally591 words
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Article549 1983-12-31 2 SINGAPORE can look towards Papua New Guinea (PNG) as a potential market for locally made goods as it is a large and resourcerich country. Currently, the PNG market is in need of basic necessities such as clothing, food and groceries. However, with the government's plans549 words
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379 1983-12-31 2 THE Marine Technalagy Ceatre (MTC), the first establishment tram the private sectar ta be lacated at tbe Slagapare Scleaee Park, will be afOdally apeaed an Jaa 11 by Dr Tany Taa, Minister far Plnaace and Trade ft Industry The centre belongs ta379 words
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Article, Illustration487 1983-12-31 2 BANK of China has rented out more than half of its 160 million warehouse units (abeve) in the West Coast area in the one month since it started operations. All the tenants of the fivestorey warehouse textile merchants, commodity dealers. importers of food and487 words
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321 1983-12-31 2 CONSULTON Singapore's 1984 financial congress Technology and The Future Bank which starts on April 2 at the World Trade Centre, will explore the theme of Terminal Accessed Cash Management Systems. This biennial meeting of the region's bankers runs concurrently with a bank321 words
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184 1983-12-31 2 THE National University of Singapore Engineering Faculty will have an Open House on Saturday, Jan 7. The aim of the Open House is to strengthen the existing ties between tire faculty and industries, and to give the public an opportunity to view the teaching184 words
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108 1983-12-31 2 POPIAH manufacturer Tee Yih Jia Manufacturing Pt£ Ltd is developing a sixstorey warehouse/factory building at Burn Road/ Harrison Road. Piling work for thfe project has been completed. The building is expected to be ready around mid-1985. On completion, it win have 8,500 sq metres ef factory108 words
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Article64 1983-12-31 2 THE Singapore Polo Club is spending about $3.4 million to redevelop its clubhouse at Thomson/Mount Pleasant Roads. The clubhouse is scheduled for completion in October next year. The Polo Club, designed for membership of about 700, will provide tennis courts, a swimming pool, squash64 words
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288 1983-12-31 2 TELECOMS has announced the extension of number-to-number telephone service to the Republic of Mali in West Africa with effect from Jan 1, and the introduction of Telepac service to Luxembourg and Greece on Jan 3, 1984. The charge for a number-to-number call to288 words
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156 1983-12-31 2 TELECOMS is introducing on Tuesday a new pen-sized pager alongside its current standard pager. The new pager offers single and dual number automatic paging service. Among its features is a memory facility which can "hold" calls until the owner of the pager is ready to156 words
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225 1983-12-31 2 THERE will be a major change to the Academic Education Courses offered by the VITB. These courses, conducted on a parttime basis under the Continuing Education and Training Programme, have been extended from four to five years. Successful completion of the course225 words
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Article, Illustration536 1983-12-31 2 BOLTER k Simon (Pte) Ltd has announced the appointment of Mr William HCSeah, BSc (Eng) Hons, MIES, PE, MIE Aust, a member of the board of directors. From Jan 1, 1984, Mr Seah will assume the position of director and general manager, responsible for the overall trading536 words
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Page 2 Advertisements
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Advertisement12 1983-12-31 2 Dunhill Eyewear That certain style Finest optical quality with special technical features.12 words
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OVERSEAS
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475 1983-12-31 3 Renter A SPECIAL inquiry commission investigating the killing of Philippines opposition leader Benigno Aquino has mounted a nationwide search for a man who may have witnessed the killing on Aug 21. It is understood the commission was looking for Cesar Loterina, a maintenance technicianRenter - 475 words
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Article126 1983-12-31 3 AFP PRESIDENT Suharto on Thursday commissioned a new cement plant at Indarung near Padang, West Sumatra, to bring the country's total installed cement production capacity to U. 6 million tonnes annually. The new 600,000-tonne annual production capacity plant, a second expansion of the state-owned IndarungAFP - 126 words
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452 1983-12-31 3 AP PHILIPPINE central bank governor Jaime Laya, in an informal year-end review of bank activities yesterday, said that 1963 was a year of "unmitigated disasters". "I can't think of a single accomplishment," Mr Laya said, recalling problems ranging from a US$6OO million overstatementAP - 452 words
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520 1983-12-31 3 Reuter THE absence of President Yuri Andropov at two key meetings this week and the lack of any major policy statements from them have left an impression of paralysis in the Soviet leadership, Western diplomats said in Moscow. Commenting after a twoday session ofReuter - 520 words
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WORLD IN BRIEF
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Article517 1983-12-31 3 Agencies THE Yugoslav government ryesterday lifted financial travelling restrictions and permitted Yugoslavs one foreign trip a year, beginning tomorrow. In a move to financially discourage Yugoslavs from travelling abroad and spending their foreign exchange and local dinars during their trips, the government in October 1982 introduced aAgencies - 517 words
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298 1983-12-31 3 Reuter SARAWAK*S National Front coalition was retained U power yesterday la a Slate Assembly election which split the vate of the majority Dayaks. The fear-party coalition woa SI of the first SS reaalts declared for the 48-member Legislative Assembly. Chief Mlalster Datah PatinggiReuter - 298 words
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165 1983-12-31 3 Agencies INDIA'S decision to limit exports of tea in order to satisfy domestic demand will "aggravate" an already tight supply situation on the world markets, the London Tea Brokers* Association said. The association, which controls the London auctions that resume next Tuesday, pointed outAgencies - 165 words
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307 1983-12-31 3 UPI WITH only days to go before 1984, a government study proposing a super computer databank on Sweden's 8.8 million people has raised a furore among critics warning of the rise of a big brother-type society. The committee on future government statistics, in aUPI - 307 words
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756 1983-12-31 3 UPI THE US, leaving the door only just ajar, says it will reconsider its decision to quit Unesco (the United Nations Educational, Scientific and Cultural Organisation) at the end of next year only if the UN agency changes its policies. ButUPI - 756 words
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Article541 1983-12-31 3 UPI MOSCOW called the US decision on Thursday to pull out of Unesco an attempt by Washington to be the world's "self-styled ruler" and a West German opposition politician criticised it as an "arrogant" example of dollar diplomacy. Although Britain and West Germany said theyUPI - 541 words
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307 1983-12-31 4 AP ISRAELI Prime Minister Yitzhak Shamir's government, barely three months in'office, is facing the threat of disintegration as it grapples with a crushing foreign debt and inflation approaching 200 per cent a year, Israel's economy is so bad that it has eclipsedAP - 307 words
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221 1983-12-31 4 AP BRAZIL'S inflation was a record 211 per cent in 1983, more than double the 99.7 per cent registered a year ago, the independent Getulio Vargas Foundation announced on Thursday. The cost of living rose 7.6 per cent in December, led by consumerAP - 221 words
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Article454 1983-12-31 4 UPI THE US merchandise trade deficit grew by another US$7.5 billion in November, and the overall deficit for 1983 is now almost sure to reach US$7O billion. The month's trade performance, the second worst on the record, looked good only in comparison to October's US$B.97 billion.UPI - 454 words
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293 1983-12-31 4 FT THE Italian government on Thursday introduced major increases in the price of petrol and other petroleum products. This is a part of a new package of austerity measures designed to raise 2,000 billion lire (US$l.2 billion) in additional revenues. The priceFT - 293 words
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Article723 1983-12-31 4 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 0620 KUL CV CV796 0900 LUX/DXB MAS MH671 0905 KUL SV SV396 0910 JED/RUH MAS MH811 0910 PEN SIA SQ103 0950723 words
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149 1983-12-31 4 UPI THE separate arms of the US military refuse to work together to build common, cheaper weapon systems because each thinks its own ideas are best. A congressional report issued yesterday by the US General Accounting Office said that efforts to get the army,UPI - 149 words
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106 1983-12-31 4 UPI ARGENTINA'S new civilian government launched courtmartial proceedings on Thursday against former president Jorge Videla and eight other former junta members, charging them with mass murder, torture and kidnappings. Mr Videla, the former army commander who overthrew president Isabel Peron in 1976, was the firstUPI - 106 words
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251 1983-12-31 4 NYT THE Reagan Administration, in a concession to Japan, has decided to renew for 90 days a telecommunications procurement agreement between the two governments. But in return, it insists that the pact provide US companies with greater access to Japanese research and development.NYT - 251 words
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324 1983-12-31 4 Reuter TURKISH Prime Minister Turgut Ozal yesterday abolished most foreign exchange controls, removed restrictions on some imports and raised import and other duties to subsidise his planned housing programme. The action fulfilled his promises during the campaign that led to his sweeping victoryReuter - 324 words
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232 1983-12-31 4 AFP JAPAN'S new Health and Welfare Minister has come under fire for offhand remarks that cigarette-smok-ing was "the secret" of his good health. A national citizens group which advocates a ban on smoking in public places filed a protest on Wednesday with the secretariatAFP - 232 words
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Article213 1983-12-31 4 UPI AKIO Morita, founder of Sony Corporation, says the success of super-efficient Japanese management techniques can be traced directly to regulations issued by General Douglas Mac Arthur after World War 11. Lifetime employment and high income taxes imposed by US occupation forces in Japan forUPI - 213 words
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568 1983-12-31 4 NYT THE US government's index of leading economic indicators fell 0.4 per cent in November, the first decline in 15 months, the Commerce Department reported. But the administration and independent economists expressed little concern about the dip in the index, which is intended toNYT - 568 words
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Article1231 1983-12-31 4 VMM* «K9*Cl WNAftVW Sung That It sangefhausen Kota Cempaka fair Rainbow Raja Timor Kirn Ann Kou Jade Chidambaram Hal Soon Kao Kola Cahaya Ntkkei Ontrai Pre* Taylor Toyofujl No 0 Berth 5 0/7 10/11 15/6 I» 25/0 27/8 40 OA 10/11 5 3/4 35/0 Arrival Dapamire alongside1,231 words
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Page 3 Advertisements
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Advertisement55 1983-12-31 3 ■»> -l TV -rii: Today, a little bit of France comes to town. Hotel Meridien Singapore opens its doors with a partial range of services to greet you. i?** e \a« .J hotel JPJy M®lDKri WWW SINGAPORE LES HOTELS D AIR FRANCE 100 Orchard Road, Singapore 0923 Tel: *****55 Telex:55 words
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Page 4 Advertisements
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Advertisement22 1983-12-31 4 Fly Pan Am To The USA Daily And To More rhan 45 U.S. Cities. Pan Am.Yon C an t fk'.it The Experience.22 words
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BANKING AND FINANCE
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468 1983-12-31 5 Reuter MEXICO and its bank advisory committee have agreed on a new US$3.B billion loan covering the country's newmoney needs for 1984, a statement released by Citibank on behalf of its senior vice-president and committee co-chairman, Mr William Rhodes, said. The loan isReuter - 468 words
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252 1983-12-31 5 Reuter GROWTH in Australia's broad-based M 3 money supply accelerated to 13.4 per cent in the year ended Nov 30 from 13.1 per cent in the year to end-October and 10.3 per cent a year earlier, the Reserve Bank said. Annual growth inReuter - 252 words
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621 1983-12-31 5 Reuter CURRENCY futures analysts said that a major economic or political "shock" will be needed to prompt a prolonged rally in currency futures on the international monetary market in 1984. In the absence of such an event, high rates of return on US investments andReuter - 621 words
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Article226 1983-12-31 5 Reuter SYNDICATED lending by banks dropped by over a third in 1983, reflecting their unwillingness to increase their international exposure to risk due to concern over heavily, indebted countries, the Organisation for Economic Cooperation and Development (OECD) said. Persistent concern about the economic and financial situation ofReuter - 226 words
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257 1983-12-31 5 Reuter MAJOR suppliers of Nigeria have initially given mixed reactions to its plan to delay payment of arrears on uninsured short-term trade debt, banking sources said. Nigeria has proposed converting US$3 billion to $5 billion of arrears on shortterm supplier credits into two types ofReuter - 257 words
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Article473 1983-12-31 5 THE US Treasury said that the average effective yield was 11.95 per cent at its U553.75 billion reopening of the 11 "4 per cent bond of 2003. Accepted yields at Thursday's auction, the third and final part of the Treasury's mini-refunding package, ranged from 11.92 per cent to473 words
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477 1983-12-31 5 FT THE worst of the monetary crisis is over, said Dr Fritz Leutwiler, chairman of the Bank for International Settlements (BIS). At the same time, he claimed that an "uncoupling" from the US dollar was not only possible but already being practised byFT - 477 words
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MONEY AND EXCHANGES
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Article292 1983-12-31 5 SINGAPORE gold futures yesterday closed slightly firmer than New York levels but trading was featureless as most operators were sidelined ahead of the year-end. One lot was recorded for the day's total sales while kerb volume was 80 lots. Prompt closed slightly higher at U*****.70/383.70 an ounce against New292 words
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Article34 1983-12-31 5 Itan WH New York 8.91B 8.81B 8.965 8.8SS Zurich 8.9ZB 8.75B 8.97S 8.SOS Frt Than Singapore 8.90B 8.80B 8.35S 8.85S Closing prices in ITS dollars a troy ounce Source: Credit Suisse, S'pore34 words
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Article42 1983-12-31 5 Banknote rates yesterday: (HK per 1): us 7.75/7.77 UK 11.15/11.35 Brunei 3.63/3.65 W Germany 2.845/2.865 Malaysia 3.31/3.33 Philippines 0.37/0.40 Singapore 3.64/3.66 (HK per 10): Burma 1.50/2.50 India 5.70/5.90 (HK per 100): Indonesia 0.76/0.80 3.345/3.355 S Korea 0.88/0.93 Thailand 33.00/33.50 Taiwan 18.20/18.5042 words
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Article550 1983-12-31 5 THERE was practically no trading interest at all on the local exchange yesterday. The American currency opened at 552.1245/55 against the local unit. Commercial buying in a tame market situation took the dollar up to $2.1270/80 in the morning. However, large commercial selling out of Singapore brought the550 words
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Article127 1983-12-31 5 THE dollar yesterday opened easier than Thursday night's London close although generally above closing New York levels in a very quiet year-end market. It fluctuated at or a few basis points above its opening level of 2.7220/40 marks, compared with the London close of 2.7275/90 and New York's closing127 words
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Article22 1983-12-31 5 THE average rale at which major Singapore banks are currently prepared to lend to their beat customers is 9.06 per cent.22 words
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Article185 1983-12-31 5 ASIAN RATES ASIAN currency deposit interbank rates as at 5 pm on Dec 30: U8 DolUn Oft»r Bid 7 days 9* 9* 1 month 913/16 911/10 2 months 9* 9* 3 months 915/10 913/10 6 months 10* 10 9 months 10* 10* 12 months 10 7/10 10 5/16 Das. 8w.Fr*.185 words
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Article44 1983-12-31 5 RANGE ot price* offered by discount houses on Dec 30: Overnifbt: 3 Call deposits 2 3 ClosiM Bsyisc Ssllisf 3-month Treasury bills 2H 2H 3-month Bank bills 8* 8H 3 months CD 7* 7H 0 months CD 7* 7H Source: National Discount Co44 words
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Article49 1983-12-31 5 RESULTS of tender held yesterday for 91-day Treasury bills to be issued frm Jan 3 to Jan 6. Offered: $160,000,000 Applied far: $206,650,000. AiJeted: $160,000,000. Accepted Mda: $99.33 approximately 42 per cent; higher bids in full. Average rate ef dlaeeut on allotment: 2.590 per cent per annum.49 words
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Article65 1983-12-31 5 THE dollar yesterday ended the last trading session of the year little changed at 232.00 yen from the 231.80/90 New York finish in thin trading. It fluctuated erratically between 231.45 and 232.25 yen in the morning on sporadic commercial orders, with most interbank operators out of the market ahead65 words
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Page 5 Advertisements
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Advertisement528 1983-12-31 5 THE DAMCHI KANGVO BANK. LTD BALANCE SHEET AS AT MARCH 31.1M3 ASSETS Cash and Due from Banks Call Loans Securities Loans and Bills Discounted Foreign Exchanges Other Assets Premises and Equipment Customers' Liabilities for Acceptances and Guarantees STATEMENT OF INCOME AND APPROPRIATION OF PROFIT (Yen in r 31,1663 5,373,599 1,345,558528 words
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Article503 1983-12-31 6 "The time has come," the Walrus said, "To talk of many things: Of shoes and ships and sealing wax Of cabbages and kings And why the sea is boiling hot And whether pigs have wings." CABBAGES made the news this year, so did kings and ships,503 words
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Article, Illustration1569 1983-12-31 6 /p— —1 For Japan, the world's third largest trading nation, 1984 will be dominated by politics, the resumption of growth in the corporate sector, the freeing of the yen and the government's budget deficit. But above all, this is going to be theAgencies - 1,569 words
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355 1983-12-31 6 STRAWS in the c Wind SOMEONE who might not have a good new year advertised his month-old Dupont lighter for sale this week. The advertiser is asking $400 for the lighter which he claims is in "very good condition, only owner is broke.355 words
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Page 6 Advertisements
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Advertisement214 1983-12-31 6 TIMES CALENDAR *<2, r y i f r Chinese Ribbon Dance ASEAN CULTURAL DANCES A calendar to add to your festive mood that is what The Times Calendar '84 promises you. On the month that Chinese New Year falls, you will find beautifully adorned on The Times Calendar '84 a214 words
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Page 6 Miscellaneous
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Miscellaneous821 1983-12-31 6 CRYPTIC PUZZLE ACROSS 8 Be the lailor of and head towards (4. 3) 9 Furious, so turn on the birds (9) 13 Plus a lady making a coneback (5) 14 An alarm signal, to a girl (5) 15 Long term about to be shortened (or an instructor (7) 16 To821 words
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TIME OFF
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Article, Illustration882 1983-12-31 7 ANGELA TAYLOR - By ANGELA TAYLOR NYT WHEN the pianist Arthur Rubinstein met Aniela Mlynarska in Warsaw in 1926 he described the meeting as a coup de foudre a thunderbolt. Rubinstein was nearly 40 years old and Nela (a diminutive of her name, which means angel in Polish) was 18.NYT - 882 words
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Article235 1983-12-31 7 BOEY KIT YIN - By BOEY KIT YIN WHEN Gwen Brisco performs look out. She explodes with energy. She leaps, she kicks, she prances. She sets a pace that punishes her singing leaving her breathless and panting into the microphone. Her audience gasps as she takes her almost six-foot, svelte frame235 words
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Page 7 Advertisements
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Advertisement326 1983-12-31 7 i oKyuopaeaia Britanmca3 and gi ve yourself and your family the Britannica advantage! it's the key to success in a competitive world Tnat's why you should give your child ail the advantages you can. Especially the tools for success. (That's what a parent's love and responsibility are all about.) Certainly326 words
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Page 7 Miscellaneous
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Miscellaneous924 1983-12-31 7 t SINGAPORE S J 1.00 PM Opening followed by Sesame Street 2.00 Flash Gordon: (Cartoon) 2.25 The Big Top Variety Show: The circus and entertainment worlds meet again under the Big Top of Billy Smart's Circus. 3.05 Saturday Matinee The Great Brain 4.30 ABC Wide World of Sports 5.25 The924 words
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Miscellaneous614 1983-12-31 7 CONCERTS The SSO and Seow Yit Kin. Programme: Sonata in F Major, K332 (Mozart), In the Mist (Janacek), Paganini Variations (Brahms), Four Etudes, op 4 (Symanowski) and Sonata in B minor, opsB (Chopin) Jan 4, at the Victoria Theatre. 8.15 pm.Tickets at 15. $8, $10. VARIETY SHOW Celebrating its 16th614 words
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Page 8 Advertisements
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Advertisement1182 1983-12-31 8 Where to wine, dine and entertain BHH with the American Express Card HHB "If you don't already have the Card, call *****33 for an application form" The featuring Robert De Blanc, Les Girls and the Brisco Inferno Band Live at the Top of the Hilton. 27-31 December, nightly 10.30pm. It's1,182 words
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Advertisement209 1983-12-31 8 "< iy«f P§ i ha-u A *i r v.it place to unwind with friends. Let our 2 talented hands entertain vou with sensational music while vou sip over a cool drink. 20% discount on ail drinks during, happy hour* ispm 7pm daily) !*i) f Gfefm earai (j iing garaeti restaurant209 words
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RAW MATERIALS
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Article317 1983-12-31 9 SINGAPORE: Yesterday's closing prices in SS per kilo, ex-gtjiown: TttAl WHITE: 100 per cent Jirst class (Kangaroo) new crop 1.05, 100 per cent second class 0.80, 100 per cent }hird class 0.76, 25 per cent new crop no stock, B-10 per cfnt no stock. THAI BROKEN: A-super 0.61, Special317 words
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Article29 1983-12-31 9 Rubber: Dec 30 Singapore: January: 237.75 cents (up 0.25 cent) Malaysia: January: 262.50 cents (down 0.50 cent) Tin: M$29.17 per kilo (up two cents) 100 tonnes (unchanged)29 words
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Article189 1983-12-31 9 YArJi and cotton prices were-quoted as follows in Hongfcong yesterday. (In "HK dollars, spot ex-go-down focgea Yam: China Blue Phoemx 20's 3,005, 32's 3,355, 40's 4J450 (per bale of 400 lbs). PW t Gnd«; China Butterfly and Globe Brand unq, Dragon Head *unq, Five Lambs unq, Flower and Butterfly189 words
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Article73 1983-12-31 9 THB Malaysian crude palm oil market report was unassailable yesterday because of a technical breakdown in services. LONpON Thurs Wed Malaysian 5% ffa bulk per tonne January 750.00«lr 750.00slr Febriiry 755.00slr Sumatra 5% ffa bulk December 700.00pd 700.00pd January 755.00slr 750.00slr Febn^ry 750.00slr 745.00»lr March 745.00slr 735.00slr May73 words
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Article71 1983-12-31 9 THE Straits tin price la Penaag yesterday recovered two cents, to a kilo, from the ITA fleer level of MS».IS. The rise was attributed to the bolter stock manager's support, which absorbed all of yesterday's disposal of 1M tonnes, the same amount as Thursday's. Local and overseas buying71 words
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Article159 1983-12-31 9 CHINESE Predate Exchange, Singapore, closing prices per ltl kg yesterday. Ceeeaat ail: Bulk fob $194.00 sellers, old drum (in second hand drum) fob $207.00 sellers, new drum fob $211.00 sellers. Cepra: Mixed (loose) $112 buyers. Pepper: Muntok white pepper fob Asta NLW $685.00 sellers, Sarawak white pepper faq159 words
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Article193 1983-12-31 9 THE RUBBER market in Singapore yesterday closed slightly firmer with January One RSS buyers quoted at 237.75 cents per kilo, up 0.25 cent from Thursday's close. The morning session gained 0.25 cent on some covering interest. The afternoon session was dull and featureless with prices unchanged from lunch-time levels.193 words
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Article299 1983-12-31 9 RAS prices tn cents per kilo yesterday:' Nooa (per kilo) Buyers Sellers Int. 1 R.S.S. prompt f.o.b 233.25 234.234 Int. 1 R.S.S. January 237 25 237.75 Int. 1 R.S.S. February 242.00 ***** Int. 2 R.S.S 232 00 234 OON UK Coat ***** 233 00N Int. 3 R.S.S. 228 00299 words
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Article117 1983-12-31 9 NOON SSR and SMR pncae yaatardajr HAS Jiwurr Ftbrair; (Forward Mth) Bijtrt 8«U«n 206.00 210.00N 206.50 206.SON February 278.50 260J0N 278.10 280 SON 247.00 *****N UNQ UNO 22fi 50 rm VIV SSR 20 88RS0 MUU SMR CV SMR L SMR 5 SMR CP SMR 10 (1-ton palin117 words
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1086 1983-12-31 9 AFP COMMODITY prices, starting well below recent peaks, are expected to move up again in 1964, although the rises are likely to be restrained because of the large surplus stocks available. Prospects for the world economy as outlined by the Organisation forAFP - 1,086 words
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405 1983-12-31 9 Reuter PENINSULAR Malaysian crude palm oil output in October fell to 274,424 tonnes from a downward revised 286,549 in September and 368,795 in October 1982. Malaysian statistics department figures show crude palm oil output in the first 10 months of this yearReuter - 405 words
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333 1983-12-31 9 AFP BANGLADESH, the world's largest exporter of raw jute, will put nearly 728,460 hectares of farm land under jute cultivation next season to boost falling production of the crop, known as "Bengal's gold". The decision, taken by the National Jute Consultative Committee atAFP - 333 words
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Article196 1983-12-31 9 NEARBY soybean futures in Chicago on Thursday finished as much as four US-cents a bushel lower in March, while new crop ended cents higher. Long liquidation in the nearby January ahead of First Notice Day yesterday pressured values to the minus side in afternoon trade. Prices received support from196 words
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Article176 1983-12-31 9 WHEAT futures in Chicago on Thursday closed 3Vi to 4 Mi US-cents a bushel lower in quiet late trade. Prices ended near the bottom of a 4 range. The forecast for warmer weather could ease grai* transportation problems and pressure cash basis levels, weighing on futures. Commission house buying176 words
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INTERNATIONAL STOCKS
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Article186 1983-12-31 9 DEC 2# Fr» L'Union Lafarge 79 288JO -02 8J CORBEILLE Alr-Llauide MO .2 Moet-Hennesay Opfl-Partbas PenaiToya 1388 106 43 4 -5 unch AqulL&lne Nat Des Patrole 112 7.1 Radlotechnlque 410 -5 B S N pervais Ouioiy 2085 25 GROUP C C S Ffrhomson218 +3l2 Compagnie Bancalre General* Occidental* Imetal186 words
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Article85 1983-12-31 9 DEC 29 Era Or Bru Lamb 2380 unch Hobok MOO +10 FORWARD MARKET Pelro 9000 10 Ryl Dutch 2540 50 Acec 530 Sldro 1730 10 Arbed 1240 2 Soc Qen Belg 1680 ■106 Astur 000 -28 Soflna 5450 unch Brasc&n 1785 Solvay A 3500 45 Canpac 2305 35 V85 words
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Article75 1983-12-31 9 DEC 29 Aeg-Telefunken BASF Dm 80 SOB -0.7 Horten Karstadt KHD 187 JO 284 00 15 Bayer BMW Commerxbank Contl Gummi Daimler-Beni 428 70 170.70 123.50 ***** -08 -0.7 1.8 -05 Mannesmann Philips Komm Preussag Rwe ST A 144.00 329 80 ***** 119 00 1 -1.4 -07 Deutsche Bank75 words
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Article89 1983-12-31 9 DEC 29 Lire M llano Ais Ord ***** +130 Mondadorl Ord 4830 40 Bel ***** -20 Mondadorl Prl* 2418 +15 Montedison 219.75 -033 Olivetti Ord 3948 73 Pirelli And C 2705 -15 Pirelli Spa 1482 unch Raj ***** +1100 Ctntrtlt Ord j Cond Acqua Rbma Erldanla 1138 7230 189 words
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Article176 1983-12-31 9 DEC 29 ABN Ahold FIs 374.00 198 70 -3 *0.2 Intn Muller Kbb 1 KLM 33 80 ***** -0.2 15 Akso AMEV Amlu Amrobnk 9900 157 00 ***** 61 20 -0.5 0.2 0.2 -0.1 •1 -05 unch Naarden National Ned Nedlloyd Nmb Oce Grlnten Ommrren Otra 4500 198 80176 words
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Article167 1983-12-31 9 DEC 29 AblUbl ct 24* Imp Oil Inrn 37 1«H unch Algoma 28* ft Int UU 29W ft Bulk Mont Bulk Nov* Scotia li 3*3 r ss unch -H Kerr Add Loblav B JO* 13ft ft unch BP Can Ltd 23 39 30H ft -H Mauey Ferf Mc Blodel167 words
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Article185 1983-12-31 9 DEC 29 Rand Unlaec 560 INDUSTRIALS 1M0 A Alpha Abercom AE And CI B3SB 285 900 4-2 20 MININGS Amaprop 430 Anglvaal 6350B unch 40 5 Blyyoors Buffets Charter 2690 -36 C O Smith Chckers 2425 m Z MOB unch CN A 2MB Con* Murch 1325 Currte Finance 440185 words
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Article201 1983-12-31 9 DEC 29 Action* Sulsaes Alusuisae Br. Alusuisae Ret Brown Bovert Br. Clba Oelgjr Br. Clba Oelfy P C Clba Oelfy Rcf Credit Suisse Br Credit Suisse Ret Elektrowatt Br Oeorje Fischer Br Olobus Pc Hero Br Hoffman La Roche 1/10 Francs 317.00 170 -X -20 Sandos Br Sandot Pc201 words
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Article1107 1983-12-31 9 NEW YORK NEW SIGNS that US economic growth is slowing helped the stock market improve early on Thursday, but the blue chip rally ran out of steam Ln the afternoon and prices closed mixed. The Dow Jones Industrial Average, which was more than 5 Vt points higher1,107 words
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3972 1983-12-31 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 SetUement Contracts are quoted after3,972 words
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Article3618 1983-12-31 10 Gr'» Gr** Net 1983 Last Div Div Y'ld P/E Vol Day Hick Low Company Sale or- C'vr COOO) High Low SECTION ONE INDUSTRIAL A COMMERCIAL 286 226 Acma 248 7.5 3.0 240.0 354 148 Alcom 285 -1 5.0 3.8 1.7 25.2 19 286 284 267 148 Allied3,618 words
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Article2090 1983-12-31 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 units unless otherwise specified. INDLIBTKIALS A|liwili (4 008 4.106) AfeNM (3 148 3 ICS) (6) 32,090 words
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Article799 1983-12-31 10 THE laeal stock market clseed tbe last tradiag day ef the year dramatically yeaterday. Although major ladlces shewed mlaar chaages, the market still eaded at a aew high. Beside*, tradiag was fast aad fartoas. Beady taraever far the day ameaated to 23J4 milUea aalto warth799 words
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Article447 1983-12-31 10 SHARE prices on the Kuala Lumpur stock market finished steady for the third straight session in substantially higher volume. Total turnover rose to 12.3 million units valued at M 537.76 million against Thursday's 9.81 million units worth $32.34 million. The more active trading conditions447 words
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Article189 1983-12-31 10 Nuagen' prices for Dec SI A Jan 3 SING APORE UNIT TRUST DIAMOND MGT STORE The Com mere* 3 .SO 3.72 Dec Jan The Savings Fund 2.08 2.21 Diamond S pore Prog Fund 1.52 1.61 Spore Fd(USI) 0.49 0.53 S pore Sec Fund 2.30 2.44 S» 1.04 113189 words
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COMPANY NEWS
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670 1983-12-31 11 Reuter NOW that Pennzoil Co has offered a rich premium for a sizeable amount of Getty Oil, Co's outstanding shares, the chief concern of Wall Street takeover specialists is whether the breach between Getty Oil and its majorReuter - 670 words
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Article44 1983-12-31 11 GUINNESS Malaysia Berhad: Twentieth AGM to be held at Sungei Way Brewery, Petaling Jaya, Selangor on Jan 17 at 11 am. MALAYAN Breweries Limited: Fiftieth AGM to be held at OCBC Centre (19th Storey), Singapore 0104 on Jan 24 at 11 am.44 words
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Article, Illustration582 1983-12-31 11 Cycle Carriage Bintang expects 'normal profits' CYCLE A Carriage Bintang Bhd (CCB), an associate of Singapore-based Cycle Carriage Ltd, which turned in record profits for 1983, is expecting earnings to fall to "more normal levels" in 1984. CCB chairman Mr Chua Boon Peng says in his latest annual review that582 words
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921 1983-12-31 11 NYT WALL Street's perennial electionyear rally, a decidedly bullish stock market prodded by a wellstimulated economy, seems likely to offer a new twist in 1984. Some money managers and analysts are saying, yes, stocks will climb and even set record highs as MrNYT - 921 words
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Article328 1983-12-31 11 Reuter CHRIS-CRAFT ladastrles Inc pUiu to icqiirc imre than 25 per cent of Whraer CanmulektiMi lac's stock and Warner will acqilre t 42 1 a per eeat Interest In Chrl»Cra(t's BHC Inc snbsldiary, the two companies said. Chris-Craft will receive a portion of the WarnerReuter - 328 words
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ASIAN STOCKS
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Article459 1983-12-31 11 HONGKONG STOCK prices yesterday closed mostly unchanged on the last day's trading of 1963. Brokers noted some pressure on the property sector, but said the banking sector was generally steady. Swire Properties eased 7.5 cents to HKJ4.725, Sun Hung Kai Properties five to $4.80, HK Land five to459 words
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Article425 1983-12-31 11 A STRONG oil flow from the Tintaburra One Well in Queensland boosted the oil sector, and home loan and overdraft interest rate cuts by Westpac Banking Corp pushed industrial shares up on Australian share markets yesterday. The All-Ordinaries Index rose 5.2 points to another record high425 words
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Article200 1983-12-31 11 SHARE prices yesterday closed generally higher in more active trading. The Book Club Index rose 0.95 to 121.24 while volume rose to 324,875 shares from 138,122 on Thursday. Thai Farmers Bank rose six baht to 256, Bangkok Bank and Siam Cement four each to 246 and 347 respecrively and200 words
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Page 11 Advertisements
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Advertisement203 1983-12-31 11 HOMES Entering the One, Two, Three-Room Apartments. And the luxury apartments. From spaciousness to graciousness. Borrow ideas from our mood settings in three distinct styles Manhattan Transfer, Turn Of The Century and Middle Of The Road. LIVING AREAS Choosing the right upholstery. Look up Living Shopping which lists a choice203 words
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Chief Price Changes
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Article166 1983-12-31 12 Rite* Indices (•■Mum vo« Sk JO Ok 21 Dk s m t3D X Mt*! 1 UrW( MO >40 l?0 $30 BTOnpaclfce *6* MJ5 l'W« 1*4 TIM* r««MM Mil •u »it BT UdJi-»i« STiaausimu IMKU twije irne I0EB.03 Tlant fyb J?0 15 ITfinanff aw.vt auo M I'llMl Ma )i 5T166 words
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Article, Illustration140 1983-12-31 12 Rises Indices ASM 5« Ptw m m 40 Ota DKII T btftjcat Mil 40 MBT tkftC4tar: SBM57 BTLfT Pealing im 40 f«?T InduJKmu: UK* 14M.1? DBS ma NST Finance *40 18 MAA IU0 H«»eb ea» MM M Monies m ♦35 >GT vrx ti m ud C 4 C140 words
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Article50 1983-12-31 12 H.K.HANG SENG Friday 874.SM Thursday 877.15 Week Ago— ***** AUSTRALIAN INDUSTRIALS Friday 1004.4 Thursday 1002.9 Week Ago 993.0 ALL ORDINARIE8 Friday 775.3 Thursday 769.9 Week Ago 762^ FINANCIAL TIMES INDUSTRIALS Thursday 772J Wednesday 775.6 Week Ago 776.2 DOW JONES AVERAGE INDUSTRIALS Thursday 1260.16 Wednesday 1283.21 Week Ago 1253.6650 words
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583 1983-12-31 12 SMSM Companies Editor: ALAN LEE SHAREHOLDERS of Folex Industries Bhd, who have been waiting for eight years for a re-listing of the company's shares, are now presented with a new reconstruction scheme to revitalise Folex. And the prime movers behind Folex's revival plan will include583 words
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85 1983-12-31 12 THE Urban Redevelopment Authority has decided to award $16.75 million as compensation for the 38,964 sq metres of Orchard Square acquired in October. The area that was gazetted for acquisition forms part of a large piece of land bounded by Orchard Boulevard, Orchard85 words
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Article968 1983-12-31 12 SHARE prices were steady to mixed at the start of a new account yesterday. Dealers said the mixed close on Wall Street on Thursday and seasonal influences inhibited trading interest. The initial feature was a fall of 25p in Eagle Star Holdings to 689 after Bat Industries agreed968 words
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Article437 1983-12-31 12 Reuter THE London-based BAT Industries has emerged as the winner of Europe's biggest takeover battle when West Germany's Allianz Verzicherung offered its 30 per cent stake in Eagle Star Insurance to BAT. The move appeared to end a two-month power struggle between Allianz and BAT Britain's thirdlargestReuter - 437 words
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133 1983-12-31 12 DUTA Consolidated Bhd is strengthening its position in the property sector through its newly-acquired whollyowned subsidiary Sabakaya Properties Sdn Bhd. Sabakaya has entered into a Joint venture agreement with Oluokun Enterprise Sdn Bhd to develop about 16 hectares of residential land in Kota Kinabalu, Sabah.133 words
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165 1983-12-31 12 AFP HONGKONG'S new united stock exchange will be completely computerised with a system resembling that of the New York exchange. Project director Andrew Davis, from Logica PLC, London, said, "We are pushing full steam ahead with work on the specifications and design ofAFP - 165 words
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303 1983-12-31 12 YEO Hitp Seng (Malaysia) Bhd (YHSM), the soft drinks and fond-based manufacturer, has turned In disappointing group net profits of M 53.27 million for the year ended Sep St, 1983. This is some 13.5 per cent lower than the previous year's net profits303 words
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265 1983-12-31 12 SOUTH Johore Amalgamated Holdings Bhd has maintained trading pre-tax profits at M 5421,000 for the first six months ended Sep 30, 1983 ($422,000 previously) According to its latest interim statement, revenue improved marginally to $5.72 million from $5.64 million. At the parent company level, trading265 words
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Article255 1983-12-31 12 THE interest rate for United Oversea* Bank's US$25 million FRN due 1989 has been set at 10 7/16 per cent per annum for the three months from Dec 30 1983 to March 30, 1984. The payment date will be on March 30 1984 and the coupon rate will255 words
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Page 12 Advertisements
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Advertisement255 1983-12-31 12 Irom the internationally and TAIVTP'Q I authoritative J/TULN.E* O "fearbooks.... J* /> -A V/^3T-' 1 A W JANE'S Fighting Ships 1983 84 Edited by Captain John Moore RN r te 5 Cr r GP> 5 c 2 ?V Last year's events in the South Atlantic demonstrated vividly that the nature255 words
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Page 12 Miscellaneous
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Miscellaneous62 1983-12-31 12 VNY OTHER BUSINESS OUTLOOK for today: Cloudy with scattered showers in the afternoon and evening. Report for 24 hoars prior to 7.M pm en Dec 3t at the airport: Maximum temperature 31.0 Associated humidity 66 Minimum temperature 24.0 Associated humidity 96 Hours of sunshine 0.50 Rainfall in millimetres Trace Total62 words
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