The Business Times, 5 May 1984

Microfilm: NL14457
Total Pages: 12
1 12 The Business Times
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  • Title Section
    Masthead
    12 1 BUSINESS TIMES M.C. (P) No. 66/1/84 SATURDAY, MAY 5, 1984 60 CENTS
    12 words
  • Article
    Japanese win MRT awards
    565 1  -  TWO CIVIL CONTRACTS WORTH $148 MILLION By WANG LOOK KEAH Transport Correspondent TWO MORE mass rapid transit civil contracts worth $148.4 million have been awarded to Japanese companies, bringing the value of civil contracts clinched by the Japanese to about half the total awarded so far.
    565 words
  • Article
    Agents' view on new 'foreign maids' ruling
    420 1  -  By SHAHRIR ARIFF BOTH the foreign maid and the employer will face problems under the new work permit procedures governing the hiring of foreign servants, said some licensed employment agents. A group of 10 licensed employment agents said the employer now does not
    420 words
  • Article, Illustration
    Two projects to promote energy-saving habit
    386 1  -  By LOH HUI YIN TWO PROJECTS to promote the habit of energysaving in Singapore are being formulated, one of which is by the Trade and Industry Ministry. Under the ministry's project, consumers will be able to know how much electricity each electrical appliance uses.
    386 words
  • Article
    Lock icon Mahathir on 'unhealthy' campaigning mode
    230 1 NST Bernama MALAYSIAN Prime Minister Datuk Sen Dr Mahathir Mohamad said yesterday that the attitude of many contestants in the Umno elections, who are frantic and are determined to win at any cost, is threatening party unity. He said they are so overwhelmed by the
    NST; Bernama  -  230 words
  • BRIEFLY...
    • Article
      Test-tube baby
      53 1 COME July, Singapore's second test-tube baby will be delivered in London, said a member of the invitro fertilisation team at Kandang Kerbau Hospital yesterday. The first test-tube baby was born last May as part of the in-vitro fertilisation programme conducted by the National University of Singapore's Department of
      53 words
    • Article
      Carrian loan
      103 1 THE Carrian loan which Bumiputra Malaysia Finance assistant general manager Jalil Ibrahim was said to have tried to block on the day he was killed held the key to a plan to save the group, the Hongkong High Court heard yesterday. The chairman of merchant bankers Ham bras
      103 words
    • Article
      Lock icon Smoking down
      55 1 Bernama CIGARETTE smoking in Malaysia is on the decline, according to the Consumers' Association of Penang (Cap) in its monthly bulletin. Cap said two giant tobacco companies which together controlled at least 80 per cent of the cigarette market in the country had admitted to a drop in
      Bernama  -  55 words
    • Article
      Lock icon Handguns in embassy
      88 1 UPI LIBYA announced yesterday the discovery of handguns and ammunition in the vacant British embassy in Tripoli, but Britain immediately denied the charge. Libyan television, in an early morning news bulletin, said Libyan police searching the British embassy had found the cache in a safe they forced
      UPI  -  88 words
    • Article
      Lock icon New relationship
      69 1 UPI JAPANESE Prime Minister Yasuhiro Nakasone declared yesterday that he sought to build a "new cooperative relationship" between Japan and India, redirecting Japan's policy towards the nonaligned countries. Mr Nakasone, the first Japanese pnme minister to visit the subcontinentt in 23 years, called for the building of "a
      UPI  -  69 words
    • Article
      Lock icon Soviet general killed
      75 1 Reuter AN AFGHAN rebel group said yesterday it had killed a Soviet general it captured last month after the Red Army unleashed a heavy bombing campaign to win his release. About 150 guerillas were also killed during the 11-day campaign to recapture the unnamed general, said a
      Reuter  -  75 words
    • Article
      Lock icon Respiratory ailment
      43 1 Reuter FRENCH prime minister Pierre Mauroy was taken to hospital yesterday suffering from an acute respiratory ailment, officials said. A communique from the military hospital at Val-De-Grace in southern Paris said treatment had begun. No other details were immediately available. Reuter
      Reuter  -  43 words
  • Article
    point
    310 1 THE OUTLOOK for the local paint man of *c taring ladastry, which to largely serving the deoieetlc market, dees net seem tee bright where decorative palate are ceaceraed. The ladastry to la the threes sf la tease competltioa aad at late has alse been sabjected to rising raw material
    310 words
  • Article
    American team fails in mission against piracy
    338 1  -  By CHUANG PECK MING AN AMERICAN delegation has failed to get the Singapore government's commitment to halt the piracy of US copyright products. After two days of meetings between US industry and government representatives and Singapore officials, a US spokesman said it is
    338 words
  • Article
    Lock icon US move to protect brand-name products
    123 1 Reuter THE US Senate Finance Committee has voted strong protection for brand-name Americanmade goods facing competition from cheaper lookalike imports from developing countries including Singapore. The committee approved an amendment offered by Senator Bill Armstrong, a Colorado Democrat, that would deny developing countries duty-free
    Reuter  -  123 words
  • Page 1 Advertisements
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      Page 1 Advertisements Column 1
      233 1 IMAC-ASIA '84 S. E Asia's 4th International Exhibition of Materials Handling Physical Distribution Equipment 29 June WTC An Interfama organised show Tel: *****12 25 BMKDK THE declining number of Japanese tourists coming here is causing some concern to the tourist industry Page g A FALL in money supply in the
      233 words
    • Advertisement
      Page 1 Advertisements Column 2
      134 1 YAMAHA CARBON COMPOSITE CLUBS. Proven tops in scientific tests. m 1 fi. 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
      134 words
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      3 1 See Page 5
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    • Advertisement
      Page 1 Advertisements Column 4
      250 1 CONPEX-ASIA '84 S E Asia s 4th International Building. Construction Equipment Public Works Exhibition 25 29 June WTC An Interfama organised show Tel: *****12 mm itP A dozen good reasons for using it. We make payments and collections easy. R* You'll have less cash to handle and fewer cheques to
      250 words
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  • HOME NEWS
    • Article
      Concern over double-digit drop in Japanese tourists
      446 2  -  By JAIME LYE THE DECLINE in the number of Japanese tourists to Singapore reached a double digit level in February in spite of a slight increase in the total number of visitors for the period. Latest statistics released by the Singapore Tourist Promotion
      446 words
    • Article
      Sending money orders to Indonesia
      211 2 TELECOMS has set up a reciprocal money order -service with Indonesia as well as an encashment facility for Brunei postal orders at all local post offices. The maximum amount permissible for any single money order, which can be made payable at all post .offices in
      211 words
    • Article
      Mr Ong touring Kim Seng
      80 2 MR ONG Teng Cheong, Minister Without Portfolio, will be touring the Kim Seng and Havelock constituencies tomorrow. Accompanying him are Dr Yeo Ning Hong, Acting Minister (or Communications and MP for Kim Seng; Professor SJayakumar, Acting Minister for Labour; Mr Lee Yiok Seng, Senior Parliamentary
      80 words
    • Article, Illustration
      Confident Vanguard charges ahead
      388 2  -  BY LISA LEE THE GLUT in industrial property appears to have had little effect on Vanguard Realty and Development's confidence in selling off its new developments in the Tagore Complex. Some plus points like freehold land, reasonable prices and built-in conveniences fn design have helped Vanguard
      388 words
    • Article
      Celebrating with music
      89 2 MR ONG Teng Cheong, Minister without Portfolio and secretary general of the National Trades Union Congress, will attend this evening's NTUC May Day Symphonic Concert at the Victoria Concert Hall. Other VTPs attending are Mr Ong Pang Boon, Minister for the Environment, and Dr Tony Tan, Minister
      89 words
    • Article
      Housing Board opens office units to 'service trades'
      433 2  -  By LEE HAN SHIH THE HOUSING and Development Board yesterday announced its second concession in four weeks to attract tenants to its business premises. In a move that reflects the poor demand (or office space in Singapore, an HDB spokesman said at
      433 words
    • Article
      MNCs support quality scheme
      399 2 SEVERAL multinational companies yesterday gave full support to the proposed Good Manufacturing Practice Scheme and tried to convince suppliers that both sides would benefit from it. The scheme, announced by Dr Lee Kum Tatt, chairman of the Singapore Institute of Standards and Industrial Research (Sisir) on
      399 words
    • Article, Illustration
      PEOPLE IN BUSINESS
      419 2 RANK Xerox has appointed Mr Christian Bedeaa as general manager for the South Asian region. He will be based in Singapore. Mr Bedeau joined Rank Xerox in France in 1973. His experience in marketing, selling, technical services and new business development has provided a valuable insight into
      419 words
    • Article, Illustration
      S'pore as base for W German ventures
      350 2 SINGAPORE stands a good chance of becoming a base for West German companies to penetrate the vast market in China. Baden-Wuerttemberg's Prime Minister Lothar Spaeth said the republic also has the commercial expertise to act as a middleman for West German ventures in
      350 words
    • Article
      'Reborn' hotel holding contest for taxi-drivers
      320 2 FIRST it was called Cuscaden House. Then it changed its citizenship and became Hotel Malaysia. But it was destined to undergo a $83 million rebirth and is now called the Boulevard Hotel Singapore. This third reincarnation must be causing some confusion among taxidrivers, because
      320 words
    • Article
      VITB revamps courses to woo more workers
      290 2 REGISTRATION for the Industrial Technician Certificate (ITC) and the National Trade Certificate (NTC) Grade Two and Three level courses will be held from May 9 to lilt will be conducted at the Singapore Technical Institute and the following vocational institutes Singapore, Aljunied, Ayer
      290 words
    • Article
      Omani minister favours S'pore as refining centre
      250 2 SINGAPORE might be considered as the marketing and refining centre for Omani oil. Mr Yousuf bin al-Alawi Abdullah, Minister of State (Foreign Affairs) of the Sultanate of Oman, said the choice of Singapore as its marketing centre in this region "should be encouraged"
      250 words
  • Page 2 Advertisements
    • Advertisement
      Page 2 Advertisements Column 1
      403 2 fldta (MALAYSIA) BERHAD NOTICE OF MEETING NOTICE IS n ■WBBY' GIVEN that the 28th Annual General Meeting of the Company will be held at the Rampaisari VIP Room, Subang View Hotel, Subang Jay a, Selangor on Saturday the 26th day of May, 1984 at 11.30 а.m. for the following purposes:
      403 words
    • Advertisement
      Page 2 Advertisements Column 2
      1 2 EdtterUl...p*ge <
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  • BANKING AND FINANCE
    • Article
      Lock icon Fall in M-1 fails to cheer depressed financial markets
      686 3 NYT THE FEDERAL Reserve system reported on Thursday that the basic measure of the US money supply fell by US$3.6 billion in the week ended April 23, but that bit of good news did little to cheer the depressed financial markets.
      NYT  -  686 words
    • Article
      Aussie bank lead manages FRCD
      207 3 AN Australian bank is lead managing a US$25 million floating rate certificate of deposit (FRCD) issue for the Indian Bank reputedly the first time an Australian bank has acted as a lead manager of an FRCD issue for India. An unusual feature of the FRCDs,
      207 words
    • Article
      Lock icon Simex may trade without gold contract
      211 3 Reuter THE SINGAPORE lateru. ttoaal Meaetery Exchange (Simex) may begin trade wtthaat a gald cm tract, a director af the exchaage said at a conference la Heagkaag. Elisabeth Sam «I Mercantile Hease Holdings PLC Mid if Simex beglaa trade la Jaly ar Aagaat, the
      Reuter  -  211 words
    • Article
      Lock icon 'Spain facing worst crisis'
      78 3 AFP THE GOVERNOR af the Bank af Spain, Jaae Rumn Alvares Rendneies, feara Spain Is safferlag tram the want hulrti crisis to hit the western warid since the 1*29 Wall Street crash, an effldaJ aaaree said. He expeeta the crisis to east the state \JM Milton
      AFP  -  78 words
    • Article
      Lock icon Call to cap rates on loans to help debtors
      676 3 FT UPI THE PRESIDENT of the New York Federal Reserve Bank, Mr Anthony Solomon, has told Congress that countries and banks Involved in international debt negotiations should consider mechanisms such as capping interest rates on loans as a way of side-stepping
      FT; UPI  -  676 words
    • Article
      Lock icon Brokers disagree on trend of UK base rates
      245 3 Reuter TWO stockbroker* in their economic reviews disagree on the outlook (or British bank base lending rates, with Phillips and Drew expecting a rise and Laing and Cruickshank believing rates are unlikely to move up. Phillips and Drew expects base lending rates
      Reuter  -  245 words
    • Article
      BANK NOTES
      360 3 HONGKONG Bank's Upper Buklt Tlmah branch was officially inaugurated yesterday. Mrs N A Keith, wife of the bank's managerbranches and services, officiated at the ceremony. The bank's chief executive officer in Singapore, Mr John Hill, said: "Relocating our Buklt Panjang branch to new and bigger premises at Upper
      360 words
    • Article
      FOCL to increase hire purchase of building equipment
      308 3 FORWARD Oversea Credit Limited (FOCL) is focusing on the construction industry. It aims to increase its hire purchase and leasing of construction equipment activities by about 60 per cent. The company's loans to this market segment as at Dec 31, 1383 totalled
      308 words
  • MONEY AND EXCHANGE$
    • Article
      Singapore market
      381 3 THE Singapore dollar closed firmer at 552.0860/70 against the US currency compared with Thursday's 552.0870/80 close. hhrtMk tarwirt rate* at S pa: One Month 2.0831/2.0646 Two Month* 2.0800/2.0815 Three Month* £0771/2.0786 Six Month* 2.0664/***** The local currency was slightly lower at 5591.10/20 against the Malaysian dollar compared with
      381 words
    • Article
      Prime rate
      23 3 THE average rate at which major Singapore banks are currently prepared to lend to their best customers is 0.69 per cent.
      23 words
    • Article
      Tokyo
      119 3 THE DOLLAR closed little changed after an active day's trading yesterday with market interest focused on the West German labour situation. New York operators sold a fairly large amount of dollars in the afternoon, pushing the dollar to a low of 2.6965 marks from the 8.6995/7010 New York finish,
      119 words
    • Article
      ASIAN $
      187 3 ASIAN ASIAN currency deposit Interbank rates as at 5 pm on May 4: US Dollart Offer BM 7 days 1011/*****/16 1 month 10* 10* 2 months 10 15/16 1013/16 3 months 11* 11 6 months 117/16 119/16 9 months 11* 11* 12 months 12 11* Das. SwJra. /IILUla rilnsl 1
      187 words
    • Article
      Discount
      48 3 RANGE ot price* oflm !d by dlscount houses on May 4: Overnight: 3 Call deposits: 3 IV. Closing B.rimf 3«llimc 3-month Treasury bills 2 15/10 213/18 3-month Bank bills 8* 8H 3 months CD 8 3/10 81/18 8 months CD 8 3/18 81/18 Iwii: Naasaal Dtsesut Co.
      48 words
    • Article
      Treasury bills
      53 3 RESULTS of tender held yesterday for 91-day Treasury bills to be issued from May 7 to May 9 and on May 11. Offered: $110,000,000 Applied far: $149,500,000. Allotted: $110,000,000. Accepted kids: $99.26 approximately 71 per cent; higher bids in full. Average rate el dlseeaat •a allotment: 2.965 per
      53 words
    • Article
      Gold
      258 3 GOLD futures closed firmer in quiet trading yesterday. Total sales for the day were recorded at two lots. Prompt closed firmer at U*****.80/3T9.90 an ounce against New York's $378.25/ 378.75 close, June at $382.60/ 382.70 against $381.20/381.30 and August at $390.00/390.10 against $387.70/388.00. Trading on the one kilobar gold
      258 words
    • Article
      Silver quotes
      37 3 New York 9 QZB 9.05B 9.07S 9.10S Zurich 9.UB 8 988 9.1SS Wmi 9.03S Singapore FT! 1MB 9 MB 9 OSS 9.13S Closing prtc <es In US dollar* a troy ounr >. Source: Credit Suisse, S'pore
      37 words
    • Article
      London
      193 3 THE dollar opened slightly higher yesterday in thin nervous trading, and dealers were confused over its direction after seeing 250 basis points being shed in two days. It opened at 2.7055/65 marks compared with a late 2.7030/45 on Thursday. Dealers held conflicting views on whether the strong dollar buying
      193 words
    • Article
      Hongkong
      112 3 THE US dollar rose further after opening higher against most major currencies yesterday, with speculation that West German metal workers may vote for a strike. Dealers cited fairly active European buying of the dollar in the afternoon, which triggered some local shortcovering. The US unit advanced to 2.7068/78 marks
      112 words
  • Page 3 Advertisements
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      Page 3 Advertisements Column 1
      191 3 o V O <V <3*> o vS vS Y. 55) 'u 9> r > 4> 7y Qo <? 'A c s. Ss, 9/ O /V v•PI X Y. <£ r v s£ <S> /O X n ss v O <> Q: <S> Revolutionize your thinking! In a ground-breaking approach to
      191 words
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  • OVERSEAS
    • Article
      Indonesia issues ban on seven old Singapore ships
      257 4 THE Indonesian Directorate for Sea Communications has issued a ban on seven Singapore ship 6 from operating in Indonesian waters because of their old age, Daily Kompas reported yesterday. The directorate's ban is effective as of May 1, and instructions to implement
      257 words
    • Article
      Lock icon Jakarta cuts projected deficit
      625 4 Reuter THANKS to a better outlook for both oil and non-oil exports, Indonesia expects a sharp improvement in its balance of payments in the current five-year plan. The Minister for National Development Planning, Johannes Sumarlin, said in Jakarta yesterday that Indonesia had cut its projected accumulated
      Reuter  -  625 words
    • Article
      Lock icon EEC emergency US$2bn loan plan runs into trouble
      375 4 Reuter FT A PLAN to raise US$2 billion in emergency loans to bail the European Economic Community out of its current cash crisis ran into further trouble yesterday when the European Parliament's budget committee came out strongly against a loan. Diplomats in
      Reuter; FT  -  375 words
    • Article
      DAILY AIRCRAFT MOVEMENTS
      700 4 ARRIVALS Service Local Operator Number line From PAA PAS 0020 JFK/SPO/HKG CAL CB31 0150 TPE BIAS MH681 0620 KUL KAL KE624 0840 KUL CV CV796 0845 LUX/DXB MAS MH601 0906 KUL sv SV386 0910 JED/RUH MAS MH671 0935 KUL MAS MH8U 0940 PEN CAL CB06 0945 HLP
      700 words
    • Article
      Lock icon Attempt to keep control of Zanussi in Italian hands
      354 4 NYT THE Italian government will use all possible means to ensure that control of Zanussi, the country's leading home electrical products maker, remains in Italian hands. Renato Altissimo, the Minister for Industry, gave this commitment to political leaders from Friuli, the
      NYT  -  354 words
    • Article, Illustration
      Lock icon Making of a Class driver
      71 4 THE Chrysler Corporation has introduced its new Chrysler Laser Atlas aad Satellite System (Class), a new concept to provide drivers with a space age vehicle navigation device that will do away with the need for unwieldy maps. The system, which is expected to be ready
      Source: UPI picture  -  71 words
    • Article
      Lock icon Brazil's debt to hit US$100bn this year
      475 4 UPI BRAZIL'S foreign debt will hit US$lOO billion by the end of 1964 but it should have its current account in balance by 1987 if there are "no surprises" on the interest rate front, the central bank said on Thursday. The central bank
      UPI  -  475 words
    • Article
      Lock icon Soviet bloc states immune to American subsidy laws
      329 4 NYT IN A LANDMARK ruling, the US Commerce Department has determined that US companies cannot use the countervailing duty penalties permitted by US trade laws in unfair trade cases brought against exporters in centrally planned economies. The decision was announced as part
      NYT  -  329 words
    • Article
      Lock icon Renewal of US duty-free plan
      290 4 Reuter THE US Senate Finance Committee on Thursday approved a 10-year renewal of a special trade programme allowing some 3,000 imports from 140 developing countries to enter the US dutyfree. The administration had requested the renewal beyond the Jan 5, 1985 expiration date, but promised
      Reuter  -  290 words
    • Article
      SHIPS IN PORT
      1020 4 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Ship Voy Arrival Operator Gdns FCL Location; Nantal No 7 9N/10S 5.5.84 2000 Eagle Corp FSB 0700-0800 P4 Kazukawa M 33/372 5.5.84 2300 Or Lloyd FSB 0900-1100 L8 Thana Bhum 117N 6.5.84 0100 S'pore Shpg TA 3 1100-1300 K1
      1,020 words
    • Article
      Lock icon General Motors to stay in Manila market
      287 5 Reuter GENERAL Motors Pllipinas -lac (GMP) will continue its operations in the Philippines despite the present economic situation because prospects for the local motor industry appear bright in the medium to long term, Mr Robert Tanzola, GMP president said. He said he sees
      Reuter  -  287 words
    • Article
      Lock icon Conservatives take a beating in polls
      308 5 Reuter BRITAIN'S Conservative government took a series of knocks yesterday in local and national polls. Prime Minister Margaret Thatcher's government saw its majorities slashed in two of its safest parliamentary seats and lost control of a string of local authorities. Results from town and
      Reuter  -  308 words
    • Article
      Lock icon Fugitive leading lavish lifestyle
      292 5 UPI FUGITIVE Robert Vesco, sought since 1972 (or embezzling US$224 million from a mutual fund, is spending a small fortune maintaining g lavish lifestyle in Cuba that includes three bouses, two private jets, and at least six cars, Western diplomats said on Thursday. The diplomats said
      UPI  -  292 words
    • Article
      Razaleigh recalls 'secret weapon'
      413 5 MALAYSIAN Finance Minister Tengku Razaleigh Hamzah said yesterday that the allegations made by accused killer Mak Foon Than against him could be the "secret weapon" which some people said would destroy him. "Some time ago, some people threatened they had a 'secret weapon' to destroy me.
      413 words
    • Article
      Lock icon Mak not given copy of his statement
      582 5 r=Tl»=^ Jalil Murder Bernama ACCUSED Mak Foon Than was not given a copy of his own confession statement to police in which he made allegations about the Malaysian Finance Minister until several months later because of the "sensitivity" of the information it contained.
      Bernama  -  582 words
    • Article, Illustration
      Lock icon Pentagon to trim budget
      382 5 UPI THE US Defence Department bowed to the twin pressures of Congress and the deficit on Hiursday, cutting nearly US$l4 billion from its proposed budget for the coming year. The move trims production of nine major weapons, but leaves the nuclear arms build-up intact. US Defence
      UPI  -  382 words
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  • Page 5 Advertisements
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      Page 5 Advertisements Column 1
      380 5 I I A Catch the great Baba comeback, at Times the Bookshop. Immerse yourself in the rich blend of Chinese and Malay cultures. Here's where you can start Just launched! 77 VMffv SILVER Q'mv v PORCI.I Ai: V. R ws •A 1 «K if. S V a Special activities on
      380 words
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  • Article
    Walking among the people
    536 6 AT THE RATE of one or two constituencies a week, the ministerial walkabout programme is expected to end in September. For the grassroot committees and the media who stalk the events, each Sunday has become a pattern only slightly varied by the weather. Mr Ong Teng
    536 words
  • Article, Illustration
    Lock icon New homes for lost ones
    941 6  -  Parentless Indochinese children resettle after the upheaval By PETER ENG AP KEOVOEUTH, a resolute 16-year-old from northwestern Cambodia, says he is most lonely when other people are celebrating. "I miss my family, especially when there are celebrations or the new year. I used to celebrate
    AP  -  941 words
  • Article
    Lock icon Thatcher marks fifth year with pledge to go on
    677 6  -  By MAUREEN JOHNSON AP DECLARING she's given Britain "a new confidence and purpose", Margaret Thatcher yesterday marked the fifth anniversary of her election as Europe's first woman prime minister. With a second five-year term won in 1963, she is shooting to
    AP  -  677 words
  • Page 6 Advertisements
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      Page 6 Advertisements Column 1
      315 6 6) TMs month's NEW VIPs (Very Interesting Penguins) Enthralling a marvellous blend of Gone With the Wind and The Thom Birds. You will enjoy every page' Daily Mirror A rattling good read' The Times Roaming from the wild, windswept Scottish highlands to the far-flung outposts of the Empire, A Dark
      315 words
  • Page 6 Miscellaneous
    • Miscellaneous
      Page 6 Miscellaneous Column 1
      856 6 TV C SINGAPORE 5 J 12.30 PM SBCTEXT "Live" Sample Pages 1.00 Opening and Programme Highfights followed by Sesame Street 2.05 Flash Gordon (Chapter 15) 2.30 Saturday Matinee Folow the Boys 4.05 Asian Junior Tennis Championships '84 Boys' Doubles Final (Last episode): The boys' doubles between Shigeru Ota/Yoshikazu Okada and
      856 words
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  • TIME OFF
    • Article, Illustration
      Changi Village revisited
      1275 7  -  A seaside community thrives despite the many changes By SHAHRIR ARIFF THE day breaks early in Changi Village. At 5.30 am, one stall is already pan-frying its roti prata for the earlybirds. The fragrance of the cooking unleavened bread stirs the neighbouring coffee stalls to begin stoking
      1,275 words
    • Article
      May Day, what's the problem?
      421 7 OOPPOO s IT WAS May Day but seamen sometimes forget. Someone relaxing on his boat near Pulau Hantu on Tuesday twiddled with the shore radio and heard a voice, with a slight Italian accent, calling: "It's a May Day. It's a May Day." At this,
      421 words
    • Article
      Search on for the painting of the year
      179 7 FOR the third year running, the United Overseas Bank Group is holding its Painting of the Year Competition. The overwhelming response cos pled with the Ugh quality of entries of the previous two competitions held in 1182 and 1163, has convinced the
      179 words
    • Article, Illustration
      What's on
      503 7 CONCERTS The SSO begins its second series of concerts with Janusz Olejniczak, Polish pianist. So far Olejniczak has appeared in nearly all European countries, Canada and the US. Programme: Ruy Bias Overture, 0p95 (Mendelssohn); Piano Concerto in F Minor (Chopin) and Symphony No 3, Polish, (Tchaikovsky). May 11
      503 words
  • Page 7 Advertisements
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      Page 7 Advertisements Column 1
      107 7 Nowhere on our planet is devoid of life. In The Living Planet, David Attenborough's searching eye, unfailing curiosity and infectious enthusiasm, explain and illuminate the intricate lives of these colonies from the lonely heights of the Himalayas to the wild creatures in the most recent of environments, the city. Here
      107 words
  • Page 7 Miscellaneous
    • Miscellaneous
      Page 7 Miscellaneous Column 1
      764 7 -11-OSE CKOSSWOBD ■a m >*■■ CRYPTIC PUZZLE ACROSS 9 My! So affable! (8) 10 An Asiatic from "33" (3) 11 Thought twelve would be about half time (6) 12 Mean to get a tin out the last (6) 13- Are tormented by each throb: it is painful (7) 14 Bother
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  • Page 8 Advertisements
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      Page 8 Advertisements Column 1
      219 8 Where to wine, dine and entertain today-J^^W tot *l card that incorporates the features of a mviit rmrvi JBe foUJ cart that incorporates the features of a credit card, charge card cheat* n»rri s purchase card neatly into one Call Julia at *****97 (20 lines) for »n LocJewSH Luncheon^,, Nonv»
      219 words
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      Page 8 Advertisements Column 2
      210 8 Direct from the Philippines/ wz Purest &tec.mers Sing along and tap your feet to the rhythm of this young talented charming trio. Belting out a tuneful potpourri of evergreens, pops and rock 'n' roll in Japanese, Chinese, English and Spanish. Sweet Dreamers have just returned from a successful tour of
      210 words
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      Page 8 Advertisements Column 3
      243 8 Paramount Hotd *19 hsppf poop* go COME on a gourmet adventure beneath the starlit sky M gteamboat rvcrv Sunday pm to 1 I pm A -ST l ;> -r.r < For two. $28 For four: SSh For mx !>MS A delicious choice of fresh and succulent seafood meat and vegetables
      243 words
    • Advertisement
      Page 8 Advertisements Column 4
      221 8 S| mmmamm He' s a one-man entertainment machine—dancer, singer, actor, impressionist Wm and j And he's all set to bowl you over with his unique brand of club entertainment. Come and catch the heat KJ from the Y "Mighty LJft B .'f er 11 pm 1 am Sponsored by: HMON
      221 words
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      Page 8 Advertisements Column 5
      241 8 iot an application form. > JL > Our newly extended Coffee Garden is now better than ever. Whether you have an appetite for local or continental food youll find our staff friendly and efficient.' our food appealing and delicious. Try our famous claypot specialities, Hainanese chicken rice and other dishes.
      241 words
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  • RAW MATERIALS
    • Article
      LONDON MARKETS
      873 9 COFFEE: Futures finished the morning mostly £7 to £2 a tonne lower yesterday, with only January gaining £2. Expected New Yorkbased gains failed to materialise as commission house liquidation, further profittaking and pre-weekend book-squaring were fuelled by sterling's recent strength against the dollar. July closed just above the
      873 words
    • Article
      PALM OIL
      161 9 cr V de J» 1 oU prices eased on profit-taking and short-selling yesterday, in sympathy with a lower Chicago soybean complex Interest centred on May position, with south repon falling M 557.50 to $1,627.50 a tonne. North ?i nd T n al eased $67.50 and $65 respectively to
      161 words
    • Article
      Produce exchange
      161 9 CHINESE Predaee Ex ehaage, Ittagapere, eMag prices per 1M kg m Satarday. Cmwl all: Bulk fob $194.00 sellers, old drum (in second hand drum) fob *207 00 sellers, new drum fob $211.00 sellers. Cepra: Mixed (loose) $110 buyers. Pepper: Muntok white pepper fob Asta NLW $652.50 sellers, Sarawak
      161 words
    • Article
      RICE
      326 9 11 SINGAPORE: Yesterdays 0 closing prices in SS per kilo. (1 ex-godown: THAI WHITE: 100 per cent 1 first class (Kangaroo) new crop 1.06, 100 per cent second j class 0.82, 100 per cent third class 0.78, 25 per cent new crop no stock, B-10 per cent no 1
      326 words
    • Article
      TEXTILES
      285 9 YARN prices quoted in Hongkong yesterday in HK dollars per bale of 400 lbs. Carded yara mm eases: Blue Phoenix 16's 3,550, 20's 3,600, 32's 4,150, 40's 4,600. Carded yara la haak: Blue Phoenix 21's 3,650. Canbed yara mm mm: Blue Phoneix 32's 5,800, 40's 5,900. Opea-ead yara: Blue
      285 words
    • Article
      RUBBER
      251 9 RUBBER market in Singapore closed slightly higher yesterday with May One RSS buyers quoted at 206.00 cents a kilo, up half a cent from Thursday's close. Prices gained some one cent in quiet morning trading on light buying and covering interest of May and June One RSS. Prices eased
      251 words
    • Article
      RAS PRICES
      273 9 RAS price* In cents per kilo yesterday Noon (per kilo) i Buyers Sellers Iat. 1 R.S.S prompt f.o.b. 308 50 209 SON Int. 1 R.S.S. May 208.00 308 00 Iat. 1 R.S.S June 209 50 210 00 30,50 mMN 2? ?K- MM 207 50N *O50 204JON mx mM
      273 words
    • Article
      SSR and SMR
      102 9 NOON SSI R and SMR priaaa yM larday ■AS SSR 20 SSRSO MULB SMR CV SMRL SMR S SMR CP SMR 10 SMR 30 SMR 50 (1 -tan pallat) (1-ton pallat) (1-toa pallat) 11 -ton palleti (1-ton paUat) (1-toa pallat) (1-ton pallat > May (Carnal MU) •ayara
      102 words
    • Article
      CLOSING PRICES
      30 9 Rubber: May 4 Singapore: May 208.00 centa (up half cent) Malaysia: May 228.50 cents (down 1.50 cents) Tin: M 929.16 per kilo (unchanged) 141 tonnes (down 16 tonnes)
      30 words
    • Article
      Straits Tin
      33 9 THE Straits taa price la Peaaag yesterday remated at the IT A fleer level sf M?9Jf a Idle ea eeertlwdag laefc sf deIt has bees at that level rfaee March 1
      33 words
    • Article
      WHEAT
      156 9 WHEAT futures closed 3W to IV* cents a bushel lower in thin trade on the Chicago Board of Trade on Thursday. Prices moved in a narrow 3*4-cent range. Wheat continued to follow the mostly lower trend in soycomplex and corn prices. Late selling also contributed to the decline. Spot
      156 words
    • Article
      SOYBEAN
      158 9 SOYBEAN futures closed down 1V« to up 1V« cent a bushel on the Chicago Board of Trade on Thursday, easing from midsession levels to end in the middle of BV4cent range. Hedge-selling of heavy overnight country movement pressured prices early. Recent gains in soyoil values, expected to keep soy
      158 words
  • INTERNATIONAL STOCKS
    • Article
      Lock icon Field day for speculative stocks
      1235 9 NEW YORK Reuter COMPANIES involved in potential takeovers sparkled on Wall Street on Thursday, but the overall market finished lower as some blue chip issues took a beating. The Dow Jones industrial average, which climbed a total of 17 Vi points in the first three
      Reuter  -  1,235 words
    • Article
      Amsterdam
      183 9 MAY 03 Fit ABN 361 OOxd -7 Aeton Ahold 127 JO moo 0J .1 Akao 93-70 0-5 AMEV Amfu 152.00 unch Amrobnk IZ 86 JO 0-5 Berk 36-OOB BoU 92.00 -4X2 Borxumlj 290.00 -10 Boska 31 JO +0.1 Burtet 8S 40 2.4 CaUnd 3130 -03 C«J» 365 00 ♦5
      183 words
    • Article
      Brussels
      67 9 MAY 03 Frt FORWARD MARKET Cock 122 432 2780 Electrobel 6750 unch Ob-Inno-Bm 3300 unch 0«v 3230 -50 Or Bru Lamb Hobok Petro Ryl Dutch SMro Soc Oen Bclg Soflna Sol ray A V Mont 2346 5610 7880 2800 2140 1930 0620 4180 4280 -5 10 30 unch -25
      67 words
    • Article
      Frankfurt
      62 9 MAT 03 Dm A*t-Tel«funk«n BASF 9S50 3K:r fifi Commerxbank 180 00 -oj Contl Oummi lasaoR .i Honch Morten KmnUdt IIS JO 1MJ0 moos -14 ♦s KHD 251 JO 4 |_5 Linde MOD -I Mtnneunann Philip* Koflim Preusuc R»e 8T A 9cher1nj [*M*s \mu Mil *03 3J 1 -04 Siemens
      62 words
    • Article
      Milan
      53 9 MAY 03 Lire BtltMl Bel Centrmle Ord Cocid Acqua Roma Ertdanlt PUI Ord OeneraJl Olm iri Prl* Invest Italcementl Ord Italgms Lew tit Ord 144 ***** 1000 130 0700 4215 ***** 3000 5402 3325 ***** 1030 ***** 0.75 30 -17 -4 -100 10 -100 -5 -40 -17 200 -0
      53 words
    • Article
      Zurich
      194 9 MAY 03 Francs Action* Sutsses Alusulsse Br Alusulsse Reg. Brown Boverl Br Clba Oelgy Br. Clba Oelgy P C Clba Oelgy Reg Credit Suisse Br Credit Suisse Reg Elektrowatt Br Oeorge Fischer Br Globus Pc Hero Br Hoffman La Roche 1/10 Holderbank Br Interfood Br Jelmoll Br Motor-Columbus Nestle
      194 words
    • Article
      Paris
      190 9 MAY 01 Fra CORBEILLE Air-Liquid* in Aqultalne Nat Dm Petrol* m B S N Otmli Dtnonc 2049 C 8 F (ThomsonCafl ut ♦0 0 2 Cl« Francalae des Petroles Credit Fonder De France rn 606 It Hachett* (Ubnint) 1366 5 Mlchelln (B).. Omnium *M as6 -13 -30 PfU|»Ol Philip*
      190 words
    • Article
      Toronto
      186 9 MAY 03 Cf AMUbi 20* Alcan Si uncn Alfoma Bank Moat Bank Nova S Ball Tel coua 24* 24* 11% 31* unch unch BP Can Ltd.. Braacan 22* 37* Can Imp Bk Can Pnn Mi 2ft* L!. wm—m 44* •II 335 It* 24* -H unch cn Burn ct a
      186 words
    • Article
      Jo'burg
      281 9 may as KM H INDUSTRIALS xxz s AE And CI MB unch Amjjjfop 490 unch A MIC 3100 unci) Barlow» 1«0 -10 C O Smith 3050 unch Chckers g* A *0 Currte Finance fcsc 5 ch «d«ar* OSOOB unch redVott «10 unch i... Mt unch H»»el<l #006 unch Ub
      281 words
    • Article
      Stockholm
      61 9 MAY 03 Kronor 9 Alfa Ltnl B Pre* ai HI Am B Frwr 182 Allfl B Fr*« 515 unch I AU«s Copco IX unch Erlcaaon B Fr«« MO rrm a Eub Fre« 325 S E Banken M5 unch 1 Sandvik B FtM 400 unch Skandla 303 Skf B Free
      61 words
  • Page 9 Advertisements
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      Page 9 Advertisements Column 1
      16 9 The New ENCYCLOPAEDIA BRITANNICA 3 unequalled in accuracy, authority and authenticity Call STP Distributors Tel: *****44/*****28
      16 words
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      Page 9 Advertisements Column 2
      221 9 or the militaria enthusiasts The Illustrated Encyclopedia of Major MILITARY AIRCRAFT of the WORLD This magnificently colourful reference volume authoritatively presents a compact yet comprehensive guide to all the major military aircraft flying with the world's air forces. Each aircraft is fully described; the alphabetical entries include detailed specifications, notes
      221 words
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  • Article
    BUSINESS DONE ON THE SES AND THE KLSE
    2602 10 BID and -offer prices officially listed and business In and reported to the Stork Exchange or Singapore yesterday with the number of shares traded shown In brackets in lots of 1.000 units unless otherwise specified. All Tiir.e Settlement Contracts are quoted after
    2,602 words
  • Article
    SHARE INFORMATION SERVICE
    3726 10 1984 Hi(k Low Company Last Sale orGr'» Div f Div C*vr Gr*s Y'ld Net P/E 1 Vol Day I'OOO) High Low SECTION ONE INDUSTRIAL COMMERCIAL 172 120 A M D B SO* 310 252 Aetna 308 200 Alcom 280 240 Allied Choc 275 243 B A T
    3,726 words
  • Article
    Unit trusts
    198 10 Manager*' price for May 5*7 SINGAPORE UNIT TBI'ST The Com mm* 3.31 3.52 The Savings Fund l.M 2.06 S pore Prog Fund 1.41 1.50 S pore Sec. Fund 2.17 2.30 S pore Invest Fund 1.16 1.8 S pore Equity Fund 1 40 1 48 ASIA UNIT TOUST Mai
    198 words
  • Article
    In Kuala Lumpur
    2151 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 INDUmiAIi» Ate* 2 388) (5) 2 (5) 2.37 (4) Aalafc (2.018 2.CBS)
    2,151 words
  • Article
    Market gains some ground
    820 10 THE Singapore stack market managed to recover mom toft greaad yesterday following the Malaysiaa Pi- aaaee Minister's dealal that I he wu tovolved to the BMFI Carrtoa crisis. I The Straits Times ladisMal Index managed to peat 4.8-petot gain to 865J1 while the aU-aeetor Business 1
    820 words
  • Article
    KL stocks end slightly higher
    521 10 I THE KUALA Lumpur stock market was relatively quiet yesterday after a dramatic reversal of sentiment on Thursday. Prices on the whole were marginally ahead. i Most sectors closed on higher ground with rubber issues dominating. Several of these scored gains of more than a
    521 words
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  • COMPANY NEWS
    • Article, Illustration
      BAT braces itself for another tough year
      426 11 •-THE WORST is not yet over for British-American Tobac•co Co (S) Ltd (BAT) as it braces itself for another tough year. The increase in excise on cigarettes from $14 to $24 per kilogramme, an- nounced in the 1984 Budget is expected to threaten
      426 words
    • Article
      Lock icon Prospects for Swire are good
      165 11 Reuter PROSPECTS far the Swire group of companies in 1184 and in the longer term are good, although the offshore services division foresees a deterioration la bosiness conditions this year, chairman Dnncaa Black said. Mr Black, la his chairman's statement In the IK3 annual report
      Reuter  -  165 words
    • Article
      Lock icon BMW paying bonus dividend
      390 11 FT BMW, THE WEST German prestige '"car maker, is boosting its dividend and paying a bonus on top of it ;j after a surge in profits. Meanwhile, Daimler-Benz, its arch- rival in the market for dearer cars, is .-.abandoning its 1982 bonus after a solid but,
      FT  -  390 words
    • Article, Illustration
      Cautious mood pervades
      941 11  -  By RAMESH CHANDIRAMANI THE MONTH of April was disappointing for investors on the Singapore stock market. Mo6t shares, held back by investors' cautious outlook, moved within very narrow margins as lethargy seemed to mark most trading days. Brokers and remisiers were hard hit by the low volume
      941 words
    • Article
      COMPANY MEETING
      33 11 THE Imruet CwpmtlM Stag*p»re Limited: Fourteenth AGM to be held at the DBS Board Room. 46th Storey. Tower Block, DBS Building, 6 Shenton Way, Singapore 0106 on May 7 at noon.
      33 words
    • Article
      Lock icon KKR makes US$2.2bn cash offer for Esmark
      485 11 FT KOHLBERG, Kravis, Roberts, the New York Investment group, has mounted the largest leveraged buyout offer so far attempted in the US with a U552.29 billion cash bid for Esmark, the Chicago-based foods, consumer and industrial products group. The move cape mounting speculation
      FT  -  485 words
  • ASIAN STOCKS
    • Article
      Hongkong steady
      415 11 SHARE prices recovered to close steady on late short-covering support yesterday, mainly position-squaring, ahead of the weekend. The Hang Seng index was 0.18 higher «jat 1,004.79 after it reached a 3-month low and breached the psychologically important 1,000 mark at a low of 994.23 in Mnidmorning. Cheung Kong
      415 words
    • Article
      Tokyo
      399 11 SHARE prices kept climbing for the seventh consecutive session yesterday with the market average rising to an all-time high at the close. i The average rose 84.71 to a record 11,130.17, after .gaining 86.37 on Wednesday, on a turnover of 700 million shares against 480 million on Wednesday. The
      399 words
    • Article
      Manila
      109 11 SHARE prices closed higher yesterday but trading was dull because of the tight money situation. The commercial and Industrial index rose 1.62 to 133.72, the mining marker was up 0.80 at 1,064 and the <# issues rose 0.017 to 0.792. ■Mulo Oold uncn 0001 unch Bene Petroleum Bggpet Coo.
      109 words
    • Article
      Taipei
      232 11 MAY 04 NT All Sincere Indui Amla Cement gaUiaj Com Ch*nf Hwm Bank Chen Loone Chit Haln Cement China Chem China Der 9 45 33 JO 31J0 5650 30 JO 0.1 unch unch 0.5 05 31 JO 19JO 2750 ♦ai -08 +0J China Elect Wire China Ouif Plaj 'China
      232 words
    • Article
      Bangkok
      153 11 SHARE prices closed generally steady yesterday in inactive trading:. The Book Club index rose 0.13 point to 117.97 on turnover of 38.8 million baht. MAY 04 Bahta Aokham Thai Art* PI bra 3 Ajuthaya In*. And Trust lit unch Bangkok Bank Bank Of Ayudhajra 232 unch Ltd 138 unch
      153 words
    • Article
      Sydney
      472 11 A MIXTURE of profit-taking and selling of stock bought on Thursday for resale in London, but rejected by overseas investors, weakened the market yesterday in low volume trading on Australian stock exchanges. The All Ordinaries index fell 3.9 points to 762.8. Brokers said overseas investors were net sellers as
      472 words
  • Page 11 Advertisements
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      Page 11 Advertisements Column 1
      81 11 How do good managers make sound decisions? Not by jumping the gun or dragging the foot. Not by letting George or the computer do it. Certainly not by making a non-decision, which is a decision— not to manage. "An executive is a man who decides; sometimes he decides right, but
      81 words
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  • Chief Price Changes
    • Article
      SINGAPORE
      180 12 Risfes Ayr Hitam Rub Taipiag Co as Bata Liatang UW Malacca Kg Laajut tl.50 K T Pau Toakiba Teaerlob New Sereadab D Karamat CCN Koala Sidim CASH BO« 8 P Textile Proaiat Eaao Tlaaa Pub 3200 4400 850 1030 700 1300 1220 035 454 1020 500 506 428 378
      180 words
    • Article, Illustration
      KUALA LUMPUR
      157 12 THE Singapore stock market managed to pest seme gains yesterday after Malaysia's Finance Minister denied any links with the BMF-Carrian affair. lie Straits Times Industrial Index recorded a 4.M point rise to 185.31 while the Business Times Composite Index eased 9.28 point to M3.V7. Rises A Hitam Rubber
      157 words
    • Article
      Selected indices
      52 12 H.K.HANG SENG rrUtoj 1004.79 Thursday 1004.81 Week Ago 1064.30 AUSTRALIAN INDUSTRIALS Frtday 1004.8 Thureday 1006.5 Week ago 063.0 ALL ORDINARIES Friday 782.8 Thursday 767.5 Week Ago 753.2 FINANCIAL TIMES INDUSTRIALS Thursday 922.8 Wednesday 910 4 Week Ago $99 i DOW JONES AVERAGE INDUSTRIALS Thursday 1181.53 Wednesday 1186.56 Week
      52 words
  • Article
    London's stock index options off to a good start
    325 12 OPTION dealers on the London stock exchange said the 2,373 contracts made in options on the Financial Times-Stock Exchange 100 index on Thursday represented an encouraging start for the new market. The first day's trading saw the FT-SE index reach a
    325 words
  • Article
    Ssangyong earnings surpass forecast
    487 12  -  ililM Companies Editor: ALAN LEE By AMY CHEOK SSANGYONG Cement (Singapore) Ltd, in its first full year as a listed company, has turned in commendable results. However, directors fear the performance is unlikely to be sustained in the current year. This is because the importation of
    487 words
  • Article
    MBf and Dow Banking in factoring venture
    409 12 THE MBf group and Dow Banking Corporation have launched their first Joint venture company set up after the signing of a cooperation agreement last year. The new company, MBf Factors Sdn Bhd, is 80 per cent owned by its leasing subsidiary, MBf Leasing,
    409 words
  • Article
    LONDON STOCKS
    975 12 SHARE prices closed quietly lower yesterday ahead of the long holiday weekend, depressed by fears of a rise in UK base rates and the lower trend on Wall Street, dealers said. At 3pm, the FT 30 index was off 5.5 points at 917.3. BP eased 6p to 515
    975 words
  • Article
    COMPANY BRIEFS
    127 12 MALAYSIA Ale* Bhd has been admitted to the second trading section of the Industrials A Commercial section on the SES. Trading in the 40 million ordinary shares of 50 cents each will commence next Tuesday on a ready basis. SYNTHETIC Resins (M) Bhd now holds a 99.9 per
    127 words
  • Article
    HOCHSTADT TO BE CHAIRMAN SAYS NEPTUNE
    92 12 NEPTUNE Orient Lines confirmed yesterday that Mr Herman R Hochstadt, currently deputy chairman of the company, will take over as chairman from May 30, to succeed Mr Michael Wong Pakshong, who will resign on the same day, Mr Wong, who has been chairman since
    92 words
  • Article, Illustration
    Downside risk at $3.20
    243 12  -  CHART PfpNT By Hock Lock Siew FOLLOWING the listing of Its shares in August IIBJ, Ssangyong Cement was actively sought after and the eennter was chased te an all-time Ugh ef UM en Sep 28. Net being able te snstaia this momentum, the shares feU threngh
    243 words
  • Page 12 Advertisements
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      Page 12 Advertisements Column 1
      154 12 NOTICE OFFICIAL NOTICE PROPOSAL TO CHANGE A SHP'SNAME Notice is hereby given that in consequence of the intended change of name of a ship by our clients, Lotte Shipping Co. Pte. Ltd., we have applied to the Registrar of Singapore Ships under Section 417 of the Merchant Shipping Act (Cap.
      154 words
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      Page 12 Advertisements Column 2
      127 12 We're going Our Wnr Towards the target of 70 million population. The rationale behind this strategy, its impact on the several areas of basic social needs form May 1 issue of Malaysian Business' cover story. Other highlights: •Special May Day focus on the trade union movement •Why MCA might just
      127 words
  • Page 12 Miscellaneous
    • Miscellaneous
      Page 12 Miscellaneous Column 1
      57 12 OUTLOOK for today: Showers in several areas in the morning. Report for U boors prior to 7.31 pm on May 4 at the airport: Maximum temperature 31.7 Associated humidity 64 Minimum temperature 22.9 Associated humidity 97 Hours of sunshine 7.65 Rainfall In millimetres 33.6 Total rainfall for the month 79.6
      57 words