The Business Times, 1 September 1984
1984-09-01
1
12
https://www.nlb.gov.sg
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The Business Times
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Title Section11 1984-09-01 1 BUSINESS TIMES M.C. (P) N®. 66/1/84 SATURDAY, SEPTEMBER 1,1584 60 CENTS11 words
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Article, Illustration214 1984-09-01 1 SENIOR management changes have taken place in Singapore Land Ltd after the recent restructuring of the Ocean Leila group, a majority shareholder of the listed property company. Two directors, Mr RD Kissin and Mr Robert lau resigned from Singland's board on Aug 24 and214 words
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Article77 1984-09-01 1 SINGAPORE Airlines will fly twice-weekly to Kaohsiung in Taiwan from tomorrow. With this new service, SIA passengers now have a choice of two gateways to Taiwan, the other being Taipei. The Airbus A3OO flights leaves Singapore every Sunday and Tuesday at 10am and arrive in Kaohsiung at77 words
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408 1984-09-01 1 JOANNE YAP - By JOANNE YAP SOME PEOPLE are not taking chances after last week's cholera outbreak at an old folks' home. At least one construction company is to send its 1,000 workers for vaccination, while several other companies are making enquiries about vaccinations for their staff.408 words
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619 1984-09-01 1 ALVIN TAY,PENG AILIAN - By ALVIN TAY,PENG AILIAN PROPOSED AMENDMENTS to the Finance Companies Act will give the Monetary Authority of Singapore immediate control of any finance company found to be mismanaging public funds, or insolvent. Depositors and creditors are clearly the main beneficiaries of the bill,619 words
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255 1984-09-01 1 SINGAPORE'S sunrise industries will receive yet more official incentives to expand under the terms of a Bill introduced in Parliament a week ago and given to the press yesterday. If it is approved by the House, companies engaged in engineering or technical services, including laboratory,255 words
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Article, Illustration72 1984-09-01 1 THE Singapore stock market closed on an even keel yesterday and turnover was higher in view of the new settlement period. Hiere was also Increased participation from investors across the Causeway since the Knala Lumpur Stock Exchange was closed for the Malaysian National Day celebrations. At the final72 words
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446 1984-09-01 1 BOEY KIT YIN - By BOEY KIT YIN INVESTIGATION by the US government into alleged subsidisation of Singapore's exports of textiles and garments are turning into a comprehensive survey of the industry. This has annoyed manufacturers and exporters in Singapore who question the need to446 words
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346 1984-09-01 1 SENIOR reservist officers of the rank of lieutenant colonel and above will now be considered for high-level appointments in the Ministry of Defence and headquarters of service units. And selected scholar reservists in the public sector are now allowed to be346 words
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Article68 1984-09-01 1 Reuter IRANIAN President Ali Khamenei yesterday gave Kuwait an implicit warning over what his country sees as its collusion in the hijack earlier this week of an Iranian airliner to Iraq with more than 200 people on board. "We are considering seriously the actions which we suspectReuter - 68 words
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Page 1 Advertisements
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Advertisement104 1984-09-01 1 TECHNICAL CONFERENCE AND WORKSHOP SESSIONS Eminent technologists from 10 countries presenting the latest in electrical electronic engineering For more information, call:INTERFAMA PTE LTD Tel: *****12 THE WHOLE GOLFING WORLD IS TALKING ABOUT... The Revolutionary Lightweight Clubs! the world's leader in golf club making is one of the first to come104 words
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Advertisement273 1984-09-01 1 CONTRACTORS working on OUR VIEW COMPANY NEWS ♦he more than 400 worksites V/ w n wlfc w w hove been given o chance to THE MAJORITY of visitors hungry tor "the reol Singopore" ore /J"™J>, take port .no productivity nO like t0 ou ne Singapore experience because of OUD V273 words
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Advertisement11 1984-09-01 1 Full roport, Page 10 International atocka, 8 Aaian atocka, Pago 911 words
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Advertisement217 1984-09-01 1 ENEXASIAB4 An Interfama organised show Tel *****12 Speak your mind KSR, BT's occasional columnist, surfaces to give his view on dissent. He feels that those who really care about the society we live in must clarify their ideas and promulgate them in the way most suited to them. If there217 words
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HOME NEWS
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Article, Illustration502 1984-09-01 2 LEE HAN SHIH - By LEE HAN SHIH CONTRACTORS working on the more than 400 worksites in Singapore were given a chance yesterday to take part in a three-month productivity competition that could prove financially beneficial to the winners. The competition is organised jointly by the Housing502 words
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Article299 1984-09-01 2 Seminars and courses DURATION TITLE VENUE ORGANISER Sep 3-4 Sep 3-4 Sep 3-5 Sep 4 Sep 4-5 Sep 8-13 Sep 10-11 Sep 10-12 Sep 10-14 Sep 10-15 Robotics-Project Engineering M6805 SingleChip MicroController The Marketing Of Financial Banking Services Theory Practice Of Estate Agency Going Public In Singapore-The Financial, Banking299 words
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208 1984-09-01 2 A 22-MEMBER trade mission organised by the Singapore Chinese Chamber of Commerce Industry (SCCCI) will be visiting four East European countries next week. They will be visiting East Germany, Czechoslovakia, Hungary and Bulgaria to explore trade opportunities for consumer208 words
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Article84 1984-09-01 2 A DRAMATIC touch will be added to lunch at Raffles Place next month when members of the Experimental Theatre Club serve up a series of one act plays at the Shell theatrette at Shell Tower. It is all part of Shell's lunchtime cultural programme84 words
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450 1984-09-01 2 PRINTING companies may be in for a boom time as the government is now considering ways to encourage more books to be printed locally to make them cheaper for the reading public. At present, books imported from the US cost 553.20 for every450 words
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Article135 1984-09-01 2 NINETY-EIGHT people will take part in the National Skills Competition 1984, to be held on Sep 3, 4, 5 and 7. Those taking part 77 apprentices and workers from 41 companies and 21 full-time trainees from seven training institutes were selected from a total of135 words
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224 1984-09-01 2 TELEFAX service is now available to the United Arab Emirates (UAE) from Telecoms Customer Services Centre (Comcentre Branch), Exeter Road and Telecom Building, 35 Robinson Road. The Telefax service to UAE is also available to subscribers who use their own facsimile transceivers in their224 words
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Article, Illustration137 1984-09-01 2 SPENSER CHAN has been appointed account group director at Needham Standard International. Mr Chan began his advertising career as an account executive at Comi> ton Singapore. He joined Needham in April this year. In his new capacity, he will assume management functions for major Needham accounts as137 words
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143 1984-09-01 2 A FILIPINO construction worker was killed early yesterday morning while working on the site of a large condominium project developed by Kuok (S), Keck Seng, Pontiac Land and other companies. Mr Lemar Deo Carurucan, 30, was working near an excavation site in the Regency143 words
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Article1136 1984-09-01 2 Vtml Berth Arrival Departure KEPPEL WHARVES Bintang 15/6 alongside 1.9/0900 Builder 23/4 alongside 1.9/0700 Eternal Moon 25/6 alongside 1.9/1500 Ned Barcelona 44 alongside 1.9/2300 Chi Yun 45 1.9/0600 10.9/1200 Chidambaram 31/2 1.9/1200 4 9/1500 Equator IV 22 1.9/0700 2.9/0700 Kim Soon Li 23 1.9/0700 2.9/0700 Makmur 20W1,136 words
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OVERSEAS
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474 1984-09-01 3 AP BREAKING WITH most of the American labour establishment, the United States' biggest individual labour union Thursday endorsed President Ronald Reagan's bid for re-election to a second four-year term. The decision by leaders of the 1.9-million-member International Brotherhood of Teamsters was disclosedAP - 474 words
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223 1984-09-01 3 NYT A JUDGE removed John Zaccaro, husband of Democratic vicepresidential nominee Geraldine Ferraro, as trustee of an old woman's financial affairs. But the judge said he found no suggestion of dishonesty or malicious intent when Zaccaro borrowed U*****,000 from the woman's assets forNYT - 223 words
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256 1984-09-01 3 UPI PRESIDENT Konstantin Chernenko's absence from the closing ceremony of Moscow's Alternative Olympics on Thursday has refuelled rumours that the 72-year-old Soviet leader is ill. Although there was no evidence that Mr Chernenko had planned to attend the small closing ceremony inUPI - 256 words
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323 1984-09-01 3 Reuter THE LEADERS of Israel's two main political groups, Shimon Peres of the Labour Party and Yitzhak Shamir of the Likud bloc, have agreed to rotate the premiership. Israel state radio in Tel Aviv said yesterday that the two men, in talks aimed atReuter - 323 words
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Article, Illustration100 1984-09-01 3 MONEY CHANGERS counting their cash oatslde the main post office along Tel Aviv's Allenby Street. These changers do a brisk business every day, dealing in bundles of (JS dollars and Israeli shekels, as well as other currencies. Israelis are forbidden to hold foreign curren-UPI photo - 100 words
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184 1984-09-01 3 Reuter THE 1984 SESSION of the 40nation Geneva Disarmament Conference came to an end yesterday, with a stalemate on every item on its agenda after six months of talk. Even moves to continue private exchanges during the recess on the onlyReuter - 184 words
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209 1984-09-01 3 Reuter THE MENACE of mystery mines in the Red Sea, one of the world's busiest shipping lanes, may be over. The mines, laid by still unknown people, damaged at least 17 ships in one month, setting off accusations and denials ofReuter - 209 words
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Article, Illustration245 1984-09-01 3 Reuter LEBANESE Muslim and Christian forces around Beirut fought artillery and rocket duelled only hours after thousands of mourners attended the funeral of the nation's most prominent Christian leader, Falangist Party leader Pierre Gemayel. Falangist Radio reported sporadic shelling of residential areas in ChristianReuter; UPI - 245 words
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449 1984-09-01 3 NYT THE ANNUAL report of the United Nations Conference on Trade and Development is sceptical of the way in which the economic recovery in the industrialised countries, led by the US, can be expected to filter through to the developing world. ItNYT - 449 words
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Article175 1984-09-01 3 Reuter THE US believes no comprehensive solution to the international debt problem is possible, William Middendorf, US Ambassador to the Organisation of American States (OAS) told a meeting of regional finance ministers. "While the desire for a comprehensive, simple solution is understandable and human, this desireReuter - 175 words
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268 1984-09-01 3 UPI LIBYAN LEADER Colonel Muammar Gaddafi has inaugurated a multi-billion-dollar project which he calls "the eighth wonder of the world" to draw water from under the desert and pipe it 2,000 km north to the Mediterranean coast. The Libyan leader,UPI - 268 words
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259 1984-09-01 3 Reuter BRITAIN earned a record surplus of £2.67 billion from investment in bonds and shares abroad in 1963, an increase of more than 60 per cent on the previous year, the Central Statistical Office (CSO) said. The figure reflected the riseReuter - 259 words
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Article89 1984-09-01 3 AP SCIENTISTS might be on the verge of confirming the first clinically proven aphrodisiac a chemical from the bark of a tropical tree, which made laboratory rats go wild, researchers at Stanford University said. Yohimbine, a folk medicine used by African tribesmen forAP - 89 words
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Article746 1984-09-01 3 ARRIVALS Operator S«fvic« number Local tim« From PAA PA5 0020 JFK/SFO/HKG CAL CI331 0150 TPE MAS MH68I 0820 KUL KAL KE624 0840 KUL CV CV796 0845 LUX/AUH MAS MH60I 0905 KUL sv SV386 0910 JED/RUH MAS MH671 0935 KUL MAS MH81I 0940 PEN CAL CI806 0945 HLP746 words
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463 1984-09-01 4 Showdown expected at OECD meeting NYT THE US administration is coming under strong domestic pressure to pull out of the gentleman's agreement between rich nations not to undercut each other in helping their exporters to win business with subsidised credit in the developing world. According toNYT - 463 words
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131 1984-09-01 4 Reuter THAILAND's House of Representatives yesterday approved after a day-long debate a record US|9.2 billion national budget for fiscal 1985. The four-party ruling government coalition pushed through the budget Bill at midnight with an overwhelming ***** vote, after defeating an opposition move to cutReuter - 131 words
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241 1984-09-01 4 AFP THE Commission of the European Economic Community (EEC) has authorised Britain temporarily to suspend imports of some textile products from China and Rumania, including goods passing through other EEC countries. With regard to China, products affected are cotton fabrics, while withAFP - 241 words
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Article111 1984-09-01 4 Reuter TAIWAN expects to lower tariffs across the board in November in the latest of a series of measures to encourage imports, a Finance Ministry official said. The ministry has sent a draft revision of the Customs Import Tariff to the cabinet, seeking approval by theReuter - 111 words
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Article318 1984-09-01 4 SOUTH Korea's economy continues to grow at a fast pace, with exports rising, inflation easing and growth in gross national product (GNP) expected to top 8 per cent again this year. Economic Planning Minister Shin Byong-hyun said the government expects GNP, which grew318 words
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308 1984-09-01 4 Reuter PHILIPPINES BUDGET Minister Manuel Alba has confirmed economists' fears that the country's gross national product would decline. He said in his budget speech that the GNP growth rate would be negative because of significant cutbacks in infrastructure projects and the slowdown in private sectorReuter - 308 words
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Article, Illustration68 1984-09-01 4 NURSES AT a hospital in Hsidanhsim, Wast Garmany, hava no tirsd lags to nurss no mora. Thay hava bought six scootsrs for thair own uaa in sttsnding to patiants. Thasa scootsrs srs usad only during tha night shift bscauss tha balancing act naadad to stsar themUPI photo - 68 words
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161 1984-09-01 4 AFP NO AMERICAN films will be exhibited in India after Sep 1, following the breakdown in talks between the Indian government and the Motion Picture Export Association of America, an MPEAA spokesman said. The Indian government's contract with MPEAA expired in SeptemberAFP - 161 words
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Page 3 Advertisements
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Advertisement9 1984-09-01 3 Am.Daily 747SPTo USA. It Flies Smoother, Faster And Quieter.9 words
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RAW MATERIALS
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Article145 1984-09-01 4 Chinese Produce Exchange (Sellers' noon closing prices on Aug 31. S$/100 kg) Coconut oi! Bulk FOB 192 00 Old drum FOB 205.00 New drum FOB 209.00 Copra Mixed (loose) 103.00 buyers Pepper Muntok white FOB NLW 677 50 Sarawak white FOB faq NLW 670.00 Sarawak special block FOB145 words
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Article285 1984-09-01 4 Singapore (S$/kilo, ex-god own) Thai white 100% 1 st doss (kangaroo) 1.05 new crop 100% 2nd class 077 100% 3rd class 0.75 25% new crop No stock B-10% No stock Thai broken A-super 065 Special 0 60 Thai rice 55% No stock China rice 10% 092 15% No stock285 words
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Article223 1984-09-01 4 SINGAPORE The market closed lower yesterday with September One RSS buyers quoted at 190.50 cents per kg, down one cent from Thursday. The morning session fluctuated within a onecent range on some buying and profit-taking in quiet trading. Prices lost ground in the afternoon on lack of buying interest223 words
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Article239 1984-09-01 4 RAS prices (in S cents/kilo, FOB in boles) NOON CLOSE Buyers Sellers Buyers Sellers Int 1 RSS prompt 188 50 189.50 187 50 188 SON Int 1 RSS S«p 191 50 192 00 ***** 191 50 Int 1 RSS Oct 196 25 196 50 195 50 196239 words
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Article168 1984-09-01 4 Yarn Hongkong Golden Peak, 60 x 60 115 50 (In HK$ per bole of 400 lb) China carded yarn, cones White cloth Japon No 10,000 Blue Phoenix 16 s 3,400 Three Peaches 221 50 Blue Phoenix 20's 3,500 Japan No 2003 Unq Blue Phoenix 32's 3,820 Flying Dragon, per168 words
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Article55 1984-09-01 4 THE Malaysian market Oct 580 00 up 5 570 00 was closed yesterday. Nov LONDON USS/tonn* s«U«fs' doling pricM Dec up 5 560 00 up 5 on Aug 30 ROTTERDAM US$/tonnc Sumatra 5% (aaNart' Aug 600 00 dosmg prices) unch Sumotra/M'wo 585 00 Sep 590 00 Max 555 words
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Article138 1984-09-01 4 SOYBEAN futures on Thursday rallied to close on or near the highs, up 13 to 9Vi US-cents per bushel on the Chicago Board of Trade, with November posting a 21 cent range on the day. CAD Commodities sold early, then bought back later. Soyproduct futures rallied to close US$O.9O138 words
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Article133 1984-09-01 4 WHEAT futures closed 6'/i to l'/i US-cents per bushel higher in moderate trade on the Chicago Board of Trade on Thursday. Cargill bought December and March late, adding to purchases made earlier. Collins Commodities sold the most December late, with Continental Grain selling earlier. Corn futures rallied to close133 words
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Article995 1984-09-01 4 COFFEE Robusta futures ended a subdued morning session with gains from the previous close of £12 to £5 a tonne yesterday. November finished at £2,445, £12 higher and little changed from midmorning. The market opened firmer influenced by the New York close but dealings slackened after the opening995 words
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BANKING AND FINANCE
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569 1984-09-01 5 Reuter THE LATEST money supply data have quashed any speculation that the Federal Reserve might have slightly relaxed its grip on credit. Money market economists say the Fed's failure to drain reserves either on Tuesday or Wednesday when Fed funds ♦were dropping toReuter - 569 words
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178 1984-09-01 5 Reuter THE recent collapse of the Canadian dollar has made some of Canada's most respected forecasters believe the currency may never trade again above 80 US cents. According to a new survey, the consensus was that the "80 centReuter - 178 words
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137 1984-09-01 5 Reuter DRESDNER Bank AG stands by its earlier statement that management board spokesman Hans Friderichs will seek temporary leave of absence only if and when proceedings begin against him in the Flick tax affair. A spokesman for the bank was replying to anReuter - 137 words
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117 1984-09-01 5 Reuter THE New Zealand government starting yesterday will allow its trading banks to offer higher interest rates on ordinary savings and cheque accounts. Deputy Finance Minister David Caygill adds that removal of the restrictions is not expected to lead to rapid orReuter - 117 words
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328 1984-09-01 5 Reuter THE Netherlands Antilles will be hard-hit by the Reagan administration's recent repeal of US withholding taxes but hopes to compensate by attracting alternative business, according to offshore bankers and investment advisors. Income from offshore business, comprising banks, investment trusts andReuter - 328 words
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562 1984-09-01 5 Number Indicative Gross Coupon Amount Interest of days of Middle Price Redemption Maturity Yeor Raised Rate Million) Payment Accrued (excluding Yield pa) Dates Interest occrued interest) pa) 13.11 84 1978 "5 40 00 13/5, 13/11 110 ••100.00 **500 15 11.82/84562 words
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MONEY AND EXCHANGES
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Article651 1984-09-01 5 SINGAPORE: The US dollar closed slightly higher against most major currencies yesterday except sterling, after fluctuating narrowly on position squaring and European selling. The dollar closed marginally higher at 2.8870/80 marks compared with New York's 2.8850/60 close, at 241.60/70 yen against 241.20/30 and at 2.4040/50 Swiss francs against651 words
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Article208 1984-09-01 5 Interbank rates at 3pm quoted yeatarday ct roee parity change Local dollars to one unit of foreign currency: US dollar 2.1565 2.1575 2.8196 -2352 Sterling pound 2.8217 ***** 7 3469 -61 59 Australian dollar 1.8269 1 8299 3 4286 -46.72 NZ dollar 1.0782 1 0809 ***** -68.55 Canadian208 words
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Article, Illustration234 1984-09-01 5 Asian market SHORT-DATED Asian dollar deposit rates yesterday eased slightly in quiet late trading on some lending interest and fixed dates held steady at opening levels. Interbank deposit ratM US$ Offer Bid 7 days 113/4 11 5/8 1 month 117/8 11 3/4 2 months 1115/16 11 13/16 3 months 12234 words
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Article257 1984-09-01 5 SINGAPORE Futures fluctuated within a narrow range throughout yesterday in light trading before closing little changed from New York's levels. December contract which recorded a turnover of 442 lots closed at U*****.10 an ounce traded against New York's $357.90/358.30 close. HONGKONG The metal yesterday closed about steady at U*****.80/257 words
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Article52 1984-09-01 5 RESULTS OF TENDER held yesterday for 91-day Treasury bills to be issued from Sep 3 to Sep 5; and Sep 7: Offered: $130,000,000. Applied for: $136,000,000. Alfetted: $130,000,000. Accepted bids: $99.25 approximately 95 per cent; higher bids in full. Average rate «f dbeeuit m allotment: 3.010 per cent52 words
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Article75 1984-09-01 5 THE OVERNIGHT rate rose by 3 /4 -point to close at 9'A per cent on the Singapore interbank market yesterday. Term rates for the two and three-month maturities rose by 1/16-point each, while the one-month rate strengthened by point compared with Thursday's closing. S$ interbank rates at 3pm75 words
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Page 5 Advertisements
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Advertisement234 1984-09-01 5 Your corporate signature can tell a Jk lot about your company. Dont risk a II negative image with poor quality I If signs. Talk to the ASG Colour Signs people for beautiful signs that do your image proud. At ASG Colour Signs, a member of the Times Organisation, quality is234 words
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FEATURES
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Article476 1984-09-01 6 A CURIOUS Californian once asked a Singapore journalist about the monkey population here. He said he understood the Republic is a very small but very rich island and some of its wealth began in coconut exports. As "everyone knows", all coconuts "in Asia" are picked by agile476 words
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Article, Illustration949 1984-09-01 6 ALVIN TAY - Behind the proposal to increase powers of the MAS By ALVIN TAY THE HANDLING of the public's money is a serious business, so there should be no surprise that the powers of the Monetary Authority of Singapore to regulate finance companies are being widened. The closure of949 words
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Article613 1984-09-01 6 Keeping finance companies eat of undesirable hands Section 9A to 9C: prevents anyone from acquiring a controlling stake in a finance company without the approval of the Authority. This applies to anyone, either alone or acting together with associates, gaining not less than 20 per613 words
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873 1984-09-01 6 KSR - Speak out loud and clear or shut up By KSR SLAVISH acceptance at all times of the views of one man is generally the prescription for political success within a dictatorship. Rigid adherence in public to the party line is the mark of the oneparty state. Much of the foreign873 words
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Article, Illustration118 1984-09-01 6 Facts are different from the report Dear Sir, I refer to the report "US Consultant Suggests Computer Package for NUS" (BT, Aug 1) by your reporter. There are a number of statements in the report which are at variance with the facts. The personal computer showroom118 words
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Article334 1984-09-01 6 The strangest fish in the zoo A READER sent us this photograph she took in the Zoological Gardens which features what she called "the strangest fish anybody has even seen, either in or out of Singapore". She added that one of the most obvious advantages of334 words
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Page 6 Advertisements
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Advertisement24 1984-09-01 6 THE GREAT BOOKS For those interested in Intellectual Enjoyment 443 great works by 74 authors in 54 volumes Call STF Distributors Tel No: *****44/*****2824 words
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Page 6 Miscellaneous
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Miscellaneous796 1984-09-01 6 TOjWKKDiB ®aa§aa!)(MD CRYPTIC PUZZLE ACROSS 8 Claim he is the wrong man (7) 9 How the gunman said "The gun is levelled at you"? (9) 13 Wrong girl, for a start (5) 14 Doubling over, I put in the vegetable (5) 15 Shut up about, when a countryman appears (7)796 words
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TIME-OFF
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Article, Illustration682 1984-09-01 7 WALTON MORAIS - By WALTON MORAIS NOSTALGIA is in. There is our 25th year celebrations and now, SBC joins in with their festival of black and white movies (B&Ws). This begins tomorrow and is sure to bring back memories for the older folk. B&Ws, after all, are where682 words
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Article, Illustration360 1984-09-01 7 JAIME LYE - By JAIME LYE THE NATURAL is so American, one cannot decide whether it is a movie about life or a salute to an institution -as in baseball, apple pie and the w mencan ay. Set in the Thirties, it tells the story360 words
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Article, Illustration482 1984-09-01 7 CONCERTS Tonight, the SSO synchronises with the Sentosa Musical Fountain playing a light musical programme that includes film themes, ie, from Superman, West Side Story, Annie; and Handels' Water Music, an appropriate choice. Guest conductor Lim Yau will lead the 65-member orchestra in the hour-long concert. The concert482 words
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SPORTS
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Article, Illustration556 1984-09-01 7 ROY JOHNSON - By ROY JOHNSON LAST YEAR, Vitas Gerulaitis was out of shape. He was also out of money, which, he said, became the primary reason that he continued to play competitive tennis, despite any real success in major tournaments. Several embarrassing losses forced him out of556 words
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356 1984-09-01 7 Brian Miller - Brian Miller THE COLOURS of Sarawak millionaire Datuk Wee Hood Teck will be carried by two runners in tomorrow's Sprint Trophy race at Penang. At the end of the 1,400 mtrip, I expect to see familiar yellow and black silks flash356 words
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621 1984-09-01 7 BRIAN MILLER - By BRIAN MILLER JACKIE'S BOWL Magicscore, scene of the 1970 inaugural Asian FIQ championships, the 1973 Bowling World Cup and las} year's South East Asia Games, will once again open its doors to the top bowlers in the region when it plays host to 15621 words
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Page 7 Miscellaneous
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Miscellaneous922 1984-09-01 7 to zm CHANNEL 5 12.30 PM SBC Text "Live" Sample Paces 1.00 Operant and Programme rtghights folowed by Sesame Street 2.05 Hash Gordon 2.30 Saturday Matinee The African Elephant 4.05 Pesta Sukan Under 23 Rufby Tournament 4.55 Muzftarama (Malay/r) 5.40 Popeye The Saior 6.10 Proframme rtghights 6.15 News (English) 6.25922 words
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INTERNATIONAL STOCKS
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185 1984-09-01 8 Reuter BRITISH shares are not expensive on current market ratings but a cheaper buying opportunity is likely towards the end of the year, says brokers Phillips and Drew in a study. The market now finds increasing difficulty in enthusing over profit resultsReuter - 185 words
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183 1984-09-01 8 Reuter TIFFANY and Co, a subsidiary of Avon Products Inc, says that a group of investors led by Tiffany Management has agreed to acquire Tiffany from Avon for U*****.5 million. The group also includes private and institutional investors. Tiffany had sales ofReuter - 183 words
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Article82 1984-09-01 8 Reuter ITT CORP said that it signed a preliminary agreement for the sale of ITT Continental Baking Co to Ralston Purina Co for US$475 million in cash. ITT says that the transaction is subject to a formal agreement, the approval of the boards ofReuter - 82 words
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294 1984-09-01 8 THE stock market drifted slightly lower on Thursday in slow pre-Labour Day holiday trading as many investors pondered the course of interest rates and the economy. A few oils attracted attention but the rest of the list generally was flat in the lacklustre294 words
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Article131 1984-09-01 8 AUG 90 C$ 31 Hud Boy M»i Imp CM 9* 42* 15* 36 Mi 31* 2m 24* Book Mont 22* Book Novo Scotia Bed Tel 11* 33* unch unch Kerr Add 17* 15* BP Con Ltd 27 Massey Ferg 4 33* 25* 24* MoKon A 17* unch Con Prm131 words
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Article194 1984-09-01 8 AUG 30 lend Torn 0k 220 •10 Un SteH 107 unch INDUSTf IALS Umsec 500 unch 755 Wootworth 1450 50 150 unch MININGS 5 -10 2325 370 5700 AMIC 2750 Blyyoors 1730 unch 1180 -20 Butt eh 7950 125 1880 10 480 unch 200 1035 -5 350 unch Com194 words
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Article705 1984-09-01 8 AUG US$ ACf Industries Akon Akjrrwi 27* Alcoo 35* Alegheny Lud 33k. Afced Chem Cp Afced Stores 47 Afcs-Choimers 11%. unch Am Brands Inc 60 unch Am Broadcast Am Can Co 47* Am Cyanomid 51 Am Elec Pwr Am Express 33* Am Home Prod 52'* i#*h Am Motors705 words
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Article947 1984-09-01 8 Amsterdam AUG 90 fh ABN 295 00 1 Aagon 115 50 2 5 Ahold 192 20 -I 8 Akzo 93 70 -06 AMEV 162 00 +2 Amtoi Amrobnk 56 00 -03 Befk 36 00 0 1 Boh 91 80 +08 Borsumn 235 00 3 Botko 23 80 -12947 words
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Page 8 Advertisements
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Advertisement223 1984-09-01 8 T K h 0 »ss s» m "Sfe-SSi: 3ftS& 563 WBQzi V K 1$ iftf _The Summer ftilaee. pwudk pn-vnK j sjw lal kjrvhrin rreTu Mfc can think of sixteen reasons why wu should try our unique new menu... Braised fish maw soup with crab meat. V braised fungus soup223 words
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Advertisement116 1984-09-01 8 r Spectacular Double Bill Cedric Debbie Kathy Los Amors C\3t)uble excitement hits ROBIN *S TAVERN Two popular groups entertain from 5 15pm onwards A single group performs on Sundays and Mondays Order a glass of White Horse Whisky, Bell Whisky, Seager Gin, N Biaqult VSOP and oe< a second /;>116 words
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Advertisement138 1984-09-01 8 The President Lounge presents T/tesu^scnmJsoft/ulsrujl^ 9 m a u. The Nightin(»lcs. a captivating all-girl hand from Taiwan will sing your fasounte numbers while you unwind alter a hard day's work with a favourite dnnk Relax with The Nightingales and The New Sensations, our throbbing resident hand Hours: DaiK President's I138 words
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Advertisement120 1984-09-01 8 VStrfk TJratid Enjoy Our Prompt Efficient Service In Cool, Quiet Cosy Atmosphere WESTERN/CHINESE/ LOCAL CUISINE Banquets Cater For Lunch Dinner Meetings Wedding Occasions. Birthday Parties At $16/- Onwards Per Person or Other Occasion With Function Rooms (Free of Charge) For 60 And Above. Taped Disco Music for your dancing pleasure.120 words
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Advertisement150 1984-09-01 8 London stocks, Pago 11 3' V > "T Feng Cheng Lou for the best Teochew food in town. Discover lV mouth-watering delights prepared by hong Kong chefs. And feel like y? royalty while you dine in Oriental splendour. Open daily from: 12.00 noon 3.00 pm for lunch and 7.00 pm150 words
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ASIAN STOCKS
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Article447 1984-09-01 9 HONGKONG: Share prices closed yesterday with pared gains on late profit-taking ahead of the weekend. Hutchison Whampoa reported a better than expected half-yearly net profit in 1984 of HK$6O6 million against $434 million in the same period last year. Shares of Hutchison closed 10 cents higher at $11.10, and447 words
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Article251 1984-09-01 9 AUG 31 Al Sincere Indus Avo Cement Cathay Cons Chang Hwo Bonk Chen Loong Chw Hsm Cement Chma Chem Chmo Dev Chmo Elect Wire Chmo Gutf Ptos Chma Rebar China Steel MT 7 45 26 70 2920 6400 24 40 28 80 15 50 25 80 13 95 21251 words
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Article396 1984-09-01 9 TOKYO: Share prices closed marginally lower yesterday in thin and lifeless trading, the first fall in nine sessions. The market average fell 2.07 to close at 10,584.20 after rising 6.38 yesterday, on volume of 330 million shares against 300 million on Thursday. Sony, which led Thursday's rally, fell 30396 words
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Article83 1984-09-01 9 Aug 31 Bonk Seoul Won 655 -6 Hyundai Motor KAL 633 518 722 5 Choheung Bk Commerciol Bk Doetim Ind 620 665 594 5 unch -6 Korea Oil Korea Ship 1182 415 800 2 3 -10 Daewoo Corp Daewoo Ind Dong Ah 513 640 770 780 -2 -5 5083 words
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Article438 1984-09-01 9 SYDNEY: Australian sharemarkets closed barely steady in thin trading yesterday following mixed indications from abroad. At the close, the All Ordinaries Index was 1.5 points down at 733.2 points. National turnover was 33.18 million shares. Among diversified resource issues, BHP contributing shares added 10 to 6.80 and CSR eased438 words
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Article214 1984-09-01 9 BANGKOK: Share prices closed mixed yesterday in moderate trading with the Book Club Index falling 0.72 to 119.21. The index decline was attributed to a 10-baht loss by Bangkok Bank to 220 which traded ex-dividend. But the tone of the broader market was generally firmer with rises outnumbering falls214 words
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Article144 1984-09-01 9 MANILA: Share prices closed firmer yesterday in trading which remained dull because of a tropical storm that swept across the islands. The Commercial and Industrial Index was up 0.41 at 112.35, the Mining marker was 21.44 firmer at 953.11 and Oils rose 0.004 to 0.680. PLOT rose to 36.50144 words
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Article56 1984-09-01 9 AFP THE FRENCH industrial group Saint Gobain is in talks with China on some 40 projects, the New China News Agency said in Beijing, citing the group's visiting president Roger Fauroux. Mr Fauroux heads a delegation that arrived on Wednesday for the opening ofAFP - 56 words
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502 1984-09-01 9 FT CONIC Investments, the troubled Hongkong electronics group now effectively controlled by mainland Chinese interests, is planning to raise at least HK$2OO million to reduce debts, and as the first stage of a major financial restructuring plan. The company came close to collapseFT - 502 words
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117 1984-09-01 9 Reuter TOYOTA Motor Corp president Shoichiro Toyoda says his company is proposing that the Taiwanese government extend after Sep 4 the deadline set to form a joint car company in Taiwan. Toyota has found it physically difficult to meet the deadline. HeReuter - 117 words
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191 1984-09-01 9 UPI SHELL Sekiyu (Oil) Co, a whollyowned subsidiary of Royal Dutch Shell, and Showa Oil has said they would merge, in a move expected to accelerate the projected reorganisation of Japan's oil industry. Showa, capitalised at 6.75 billion yen, is ranked 10th among theUPI - 191 words
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Page 9 Advertisements
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Advertisement76 1984-09-01 9 i I i BRflwntes mm? 'M m Baron's Table Sunday Brunch... you'll love it.' Give mum a break this Sunday and bring the family in for our taste-temping Brunch. You can relish our enormous spread of wholesome fare at only $23.50 per adult and $15.00 per child (under 12) every76 words
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Advertisement168 1984-09-01 9 iyu UflUffSE RESTAURANT f t¥ The authentic taste of Japan A Japanese manager Japanese Chefs A sushi counter. four teppanyaki gridaies. a spacious a la carte restaurant and several tatami rooms. Open for lunch and dinner Set Lunch from $17 subject to 10% service charge and 3% CESS x A©168 words
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Advertisement131 1984-09-01 9 COME on a gourmet adventure beneath the starlit >k\ S gteamboat hvcrv Suruiav b pm to 1 1 pni A ■r. 4F' For rwo For tour For >i\ S2H SSh SMS gfAarii\p < v Menace A delicious choce ot fresh and succulent seafood meat and vegetables dipped into rich boilmg131 words
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Advertisement78 1984-09-01 9 An English Afternoon Tka. So goodjou could stay for hours. s A choice of 20 delicious teas. Silver service, naturally. And light, classical music to accompany it all. The Music Room. At the Hilton. MUTON INTfcRNATIONAb SINGAPORfc r r Dine in the grand tradition of emperors -> PINE COURT Where78 words
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Advertisement114 1984-09-01 9 r—- GOFFEE GARDEN, we serve gon poand the clock w. f«v 9 *2 w 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 claypot114 words
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SHARE INFORMATION
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Article, Illustration4275 1984-09-01 10 SHARE PRICES on the Singapore stock market finished mixed on heavier volume yesterday. Traders continued to focus on selected issues and by the end of the day, double-digit price changes were evident. At the final bell, the allsector BT Composite Index tacked4,275 words
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Article169 1984-09-01 10 SINGAPORE Rises Indices Hum* M Mlf HWm 50« MtF Corp S0< 1 Swbowort^ Metro HldfS NOL SMI Prano Stroitl Trodioq 5* Mao M 0«ntM9S Ssei«9ro«e 50« Falls M Flour WAiraoo E»«f9 Seofcon P Peiongi bOf f E Levmqston 520 235 245 440 414 220 396 585 565169 words
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Article3859 1984-09-01 10 SECTION ONE INDUSTRIAL COMMERCIAL Acmo (2.535) Alcom (I 87S) (6) I 87SETT (1860 1 90S) (5) 190 (1) 1 90 Allied Choc (2 656 2 665) (2) 2 68 (4) 2 64 (IK 2.64 (2) 2 65SETT (2 678 2 70S) Amol Steel 50c (I3,859 words
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COMPANY NEWS
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Article, Illustration247 1984-09-01 11 [piio? By HOCK LOCK SIEW WHEN investors and stockbrokers began re-examining the future prospects of local cement producers against a projected slowdown in building activity and the severe competition from importers of bulk cement, the stock market witnessed a panic selling of these shares. Like all theBy HOCK LOCK SIEW - 247 words
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243 1984-09-01 11 STRAITS Steamship Ltd and its 67 per cent-owned subsidiary Ben ft Co Ltd have signed separate agreements with shareholders of Brunei-incorporated QAF Holdings Bhd on Aug 29 for the reverse takeover of Ben by QAF. In the first agreement. Steamers is to sell243 words
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84 1984-09-01 11 Reuter TWO-WAY trade between the UK-based Inchcape group and China will rise some 60 per cent in 1984 from 1983 to about US$BO million. Chairman David Orr of Inchcape PLC said 14 of the group's 600 companies trade with China and have consistently higherReuter - 84 words
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Article, Illustration511 1984-09-01 11 NAJEEB JARHOM - Vii^— TANGS By NAJEEB JARHOM THE HALF-YEAR results of two of the five listed retailbased groups, Isetan (Singapore) Ltd and C K Tang Ltd released yesterday, clearly show that the retail trade in Singapore is in quite bad shape. Isetan, in particular, saw group511 words
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398 1984-09-01 11 SELANGOR Dredging Bhd has confirmed that it is in the midst of preparing restructuring proposals. This was disclosed by chairman Datuk Chan Keong Hon in response to a shareholder's question at the company's annual general meeting held in Kuala Lumpur on Thursday. Datuk398 words
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Article115 1984-09-01 11 JAPANESE companies reported an average 4.9 per cent increase in current profit in the year ended March 31 after two years of declining profit, including a 6.1 per cent fall in 1962/83. The Finance Ministry said this in an annual survey report which took a random sample115 words
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178 1984-09-01 11 CONSTRUCTION and Supplies House Bhd (CASH), through its new 50 per cent-owned associate company, Habina Sdn Bhd, is acquiring a piece of land in Taiping, Perak. The half share of Habina, which has a paid-up capital of Ms 3, was bought over by178 words
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LATEST RESULTS
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Article53 1984-09-01 11 Group pre-tax profits of M 53.78 million ($2.88 million) on turnover of $19.95 million ($19.46 million) for the year ended April 30, 1961 The company is proposing a final dividend of 8.25 per cent per share less tax payable on Oct 25 to shareholders registered53 words
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Article53 1984-09-01 11 Group pre-tax profits of M 55.11 million ($4.37 million) for the year ended May 31, 1964. The company is paying a first and final dividend of three per cent less tax based on the enlarged capital of $65.05 million on Jan 10, 1965 to shareholders registered53 words
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47 1984-09-01 11 Net profits of M 55.32 million ($16.04 million) on turnover of $9.06 million ($8.58 million) for the year ended June 30,1964. The company is recommending a final dividend of five cents per share payable on Dec 17 to shareholders registered on Nov 29.47 words
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Article205 1984-09-01 11 Managers' prices for Sep 1 Sep 3 Second B'putro Third B'putra Fourth B'putro 520 428 483 525 4.33 488 Singapore Unit Trust Fifth B'putro Sixth B putra 326 3.11 3 32 3.16 The Commerce 3.07 3.26 Seventh B'putro (A) 2.20 225 The Savings Fund 1.93 2.05 Seventh B'putro205 words
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Article952 1984-09-01 11 THE market closed mixed yesterday after a quiet session. At 3pm, the FT 30 Share Index was up 0.4 point to 852.9. Trading volume was small on the last day of a three-week account. Most investors were on the defensive, due to strikes at some docks and disappointment952 words
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Article99 1984-09-01 11 HONGKONG Australian Industrials Friday 1028 7 Hong Seng Index Thursday 1029 6 Week ago 1034 8 Friday 926.78 Thursday 922.77 Week ago 893.69 NEW YORK Dow Jones TOKYO Thursday 1223.28 Wednesday 1226.92 Tokyo Dow Jones Week ago 1232.44 Friday *****.20 Standard and Poors Thursday *****.27 Thursday 166.60 Week99 words
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835 1984-09-01 11 SAMPOORNA Holdings, the company launched by Malaysian Indian professionals as a catalyst for the community's participation in the corporate world, has set itself a major growth programme, with a view to a listing status in five years. Sampoorna, headed by Globe Silk835 words
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Article102 1984-09-01 11 TRADING on a settlement basis in the shares of Daniop Malaysian Industries Bhd, Highlands A Lowlands Bhd and lie Temerloh Rubber Estates Bhd has been suspended until further notice. THE Stock Exchange of Singapore has asked Pan-Electric Industries Ltd for more details as required under Clause 510 or102 words
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Article73 1984-09-01 11 HUTCHISON Whampoa Ltd's 1984 net profit may reach last year's level of HKJI.I2 billion in spite of difficult trading conditions for its property division. Hutchison reported a 40 per cent rise in half-yearly profit to |606 million from $434 million in the same period last year. Mr Li73 words
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Article736 1984-09-01 11 Current payment Ei date Books close Date poyobie Totol tor the yeor Total for previous yec Ale* Hldgs 6%(b) Sep 7 Sep 14 Sep 25 6% 6% Asiatic Dev 2%l Aug 20 Aug 30 Nov 20 2% 3Vi% B Raya 2 l i 1 Sep 11 Sep 21736 words
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368 1984-09-01 12 AMY BALAN - By AMY BALAN EMPLOYERS WHO persist in hiring unskilled foreign workers will soon find themselves paying higher levies to the government. At the same time, employers of foreign maids will come under greater scrutiny because the Ministry of Labour is reviewing the criteria under368 words
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Article, Illustration86 1984-09-01 12 THIS IS a close-up picture of what remains of the US$2OO million B-1 bomber aircraft which crashed in the desert northeast of Edwards Air Force Base in southern California on Wednesday whilst on a test flight. Three crew members ejected themselves but one of themAP picture - 86 words
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400 1984-09-01 12 AP DOCKWORKERS at Britain's two most important ports, Dover and Felixstowe, voted overwhelmingly yesterday not to join the week-old national dock strike. But an anticipated return to work at London's Tilbury docks failed to materialise. The developments left Britain's longshoremen asAP - 400 words
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Article, Illustration139 1984-09-01 12 Reuter AT LEAST 32 people were killed, thousands made homeless and communications disrupted by a tropical storm that lashed the Philippines, the government television said yesterday. President Ferdinand Marcos declared a state of calamity in most provinces in Luzon Island and several towns in theReuter; UPI - 139 words
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209 1984-09-01 12 VICE-PRESIDENT elect of Panama, Mr Eric Delvalle, will visit Singapore from Tuesday to Friday on an unofficial factfinding mission. During his four-day visit, Mr Delvalle will meet government officials from the Port of Singapore Authority, Jurong Town Corporation and the Trade Development Board.209 words
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Article86 1984-09-01 12 UPI PRIESTS in Amritsar yesterday started continuous reading of Guru Granth Sahib, the Sikh holy scripture, to prepare for the outlawed "World Sikh Convention" slated for the weekend. Recitations from the holy book began early in the morning at the Deep Singh Shrine, the site ofUPI - 86 words
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156 1984-09-01 12 Bernama A BUSINESSMAN, Syed Jaafar bin Syed Abdul Hamid Alsagof, has been detained under the Malaysian Internal Security Act (ISA) for suspected involvement in activities detrimental to the unity and harmony of the Malay and Muslim communities. A statement from the police headquartersBernama - 156 words
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119 1984-09-01 12 Bernama THE MALAYSIAN government has agreed in principle to privatise the Desaru tourist complex in Kota Tinggi, Johore. The Land and Regional Development Minister, Datuk Seri Adib Adam, is expected to make a further announcement on the matter when he visits the JohoreBernama - 119 words
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Article, Illustration282 1984-09-01 12 ONE OF the People's Action Party's new candidates feels that Or Toh Chin Chye was unfair in describing Members of Parliament as "dumb cows". Mr Tang Guan Seng said many MPs have spoken out in Parliament on important issues "affecting the lives of282 words
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Article93 1984-09-01 12 AP TWO AUSTRALIAN state legislators who just completed a world brothel tour to study prostitution said taxpayers can be sure they'll get their money's worth. Pat Rogan and Peter Collins of the New South Wales state legislature went on an international tour to study howAP - 93 words
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Article67 1984-09-01 12 WALL Street stock prices were lower in early trading yesterday as investors reacted to news that US M-l had risen by a larger than expected US$l.7 billion in the latest reporting week, analysts said. The Dow Jones Industrial Average was off more than three points to near67 words
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LATE FILE
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Article33 1984-09-01 12 Reuter THE Philippines ruling New Society Movement (K BL) will scrap tax exemptions for state-owned or state-run corporations in a move to boost revenue, the Presidential palace said. ReuterReuter - 33 words
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Article42 1984-09-01 12 AP DENG Pufang, the wheelchair-bound son of Chinese leader Deng Xiaoping, said in Hongkong that he does not believe there will be any political turmoil in China in the future, although fears of political instability were "understandable". APAP - 42 words
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Article28 1984-09-01 12 Reuter SEABED markings believed to have been made by Soviet mini-submarines have been found in Japanese waters, the Mainichi Shimbun Daily reported. ReuterReuter - 28 words
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Article36 1984-09-01 12 Reuter TWENTY-four people on an aircraft which caught fire at Cameroun's Douala Airport on Thursday are still unaccounted for. There have been conflicting reports on the number of dead and injured. ReuterReuter - 36 words
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Article34 1984-09-01 12 AFP LIBYA has cut the price of its crude oil to foreign oil companies by US$2.B a barrel and increased production to more than one million barrels a day. AFPAFP - 34 words
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Article60 1984-09-01 12 Reuter CHINA'S Communist Party has sacked several Coal Ministry officials for corruption, including one who used his position in the complaints office for seduction, rape and bribery. Thic marked a new phase in the Party's purge of what it has called cynical, inefficient or radical leftistReuter - 60 words
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Page 12 Advertisements
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Advertisement60 1984-09-01 12 TC TIMES CONFERENCES has brought together a Panel of Prominent Professionals and Practitioners to bring to you cP tip c* o aft v* 2* ft*' G>^ 6 <\y o V G> 9^ 9 °>° JcT kO o o o bs* For more information, contact the organiser: Times House, 390 Kim60 words
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Page 12 Miscellaneous
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Miscellaneous57 1984-09-01 12 Outlook for today: Portly cloudy; showers in several areas in the morning and early afternoon. Report for 24 hours prior to 7.30pm on Aug 31 at the airport: Maximum temperature 29.7 Associated humidity 74 Minimum temperature 25.2 Associated humidity 92 Hours of sunshine 3.35 Rainfall in millimetres Trace Rainfall this57 words
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