The Business Times, 24 August 1985
1985-08-24
1
12
https://www.nlb.gov.sg
https://eresources.nlb.gov.sg/newspapers/browse/biztimes
The Business Times
-
Title Section12 1985-08-24 1 BUSINESS TIMES M.C. (P) No. 99/1/85 SATURDAY, AUGUST U, IS6S 60 CENTS12 words
-
316 1985-08-24 1 INVESTMENTS in big projects will take Japanese investment in Singapore to a new record this year, according to Economic Development Board director Yeo Seng Teck. So far this year, $90 million has been committed and there is more to come, including316 words
-
241 1985-08-24 1 THE SHARP CRITICISM over pay rises administered by National Trades Union Congress secretary-general Ong Teng Cheong to the United Commercial Bank and the Indian Bank has produced rapid results. Both parties have agreed that it was in the nation's interest to forgo the241 words
-
Article33 1985-08-24 1 THE United Overseas Bank group will cut its prime lending rate by one-quarter percentage point to 7.25 per cent with effect from Aug 27. The group's deposits rates are unchanged.33 words
-
Article, Illustration564 1985-08-24 1 LOH HUI YIN - Expansion reflects confidence in the economy By LOH HUI YIN THE MAJOR EXPANSION in Singapore by Asahi Glass of Japan, the world's largest colour TV glass producer, willenean a $200-million investment by the company. The new plant will have a major impact on Singapore's TV manufacturing564 words
-
Article, Illustration80 1985-08-24 1 HEAVY PEAUNGB in a few eNitm MitribaM to the streag rise in vehune ea toe Btogapere stack market yesterday* Bat neat share prices ended toe day lewer. The BT Cempeelte ladex eaaed *.7» petots te MLfl while toe Straits Times Industrial Index toed LSI prints te 7C1.21. Taraaver80 words
-
349 1985-08-24 1 JAIME LYE - By JAIME LYE PROPERTY TYCOON Ng Teng Fong, who only last month announced that his Far East City Hotel would open in March, is now believed to have delayed its opening for at least two years. The primary reason349 words
-
130 1985-08-24 1 AP THE US State Attorney's office will not prosecute drivers for running down highway robbers who jump out in front of their cars as long as the thieves are armed and truly pose a threat. However, State Attorney Janet Reno, who is theAP - 130 words
-
506 1985-08-24 1 JUNE LIM - By JUNE LIM JURONG SHIPYARD has arrested a tanker owned by Sanko Steamship for failure to pay its repair costs. The Japanese shipping giant recently made the biggest bankruptcy application ever in Japan's corporate history. The 76,923-dwt Caucasus Maru was seized on506 words
-
100 1985-08-24 1 AFP JAPAN'S Ministry of International Trade and Industry will spend 14 billion yen (USHO.II million) to finance an oil industry revitalisation centre, in an effort to halt the slump in the Japanese oil industry. Miti will also give 3.4 billion yen to theAFP - 100 words
-
Page 1 Advertisements
-
Advertisement181 1985-08-24 1 hiwiKiWonqi Cont—nce on OIL TRADING ACTIVITIES and 16 18 Sept Hyalt Regency S pore Supported by: S'pow Economic Development Board ypae Trade Development Board Organised by: INTORFAMA EXHIBITIONS PTE LTD Ptaewar»u«c»wC«»l»»lW)3/06 uissss?s2: < is^saߣsr ,S4 The World's 1 Golf Club Reason' 1: TOPS IN DISTANCE hiMjir tafrfcfcM Tests executed by181 words
-
Advertisement273 1985-08-24 1 SHARE INFORMATION MONEY A EXCHANGES RAW MATERIALS SHIPS IN PORT TV A RADIO OUR VIEW OVERCROWDED JAILS and expansion plans for the Turf Club could be the outcome of a dampdown on illegal bookies. An equally likely outcome could be more sophisticated attempts to outsmart the police. Bookies are tough273 words
-
Advertisement96 1985-08-24 1 S.E. Aeie 6th International Building. Construction Equipment ft Public Works Exhibition 27 February 2 March 1986 World Trada Centre S'porT DTTTRrAMA BXHBmONS PTE LTD Opportunities Realised At Banque Indosuez, we turn challenges into opportunities. We have expanded our expertise in Treasury, Foreign Exchange and Capital Markets and have designed new96 words
-
-
HOME NEWS
-
Article, Illustration437 1985-08-24 2 JEFFREY TSANG - HDB calling 17 contracts to replace iron pipes By JEFFREY TSANG CONTRACTORS, hard up for construction jobs, have a $37 million ray of hope the Housing and Development Board is calling 17 contracts over the next 15 months for the replacement of water pipes in flats.437 words
-
154 1985-08-24 2 DRAINS feud between HDB flats aad ear parks may ge u> der the ear park instead. The meve weald give rise te a 15 per cent laad savings aad bring dewn the eeet ef baildiag the ear park, said a geld award wlaaer154 words
-
169 1985-08-24 2 WITH EFFECT from Sep 1, three more notifiable industrial diseases will be added to a current list of 22 notifiable diseases. These are barotrauma (a condition associated with work in compressed air environment); occupational asthma (wheezing attacks and breathlessness on exposure to chemicals such as169 words
-
Article735 1985-08-24 2 AT CONVENTIONAL WHARVES KEPPEL WHARVES Bertn AmvM Departure J ens on IV K23 alongside 24.8/1200 Larch K17 alongside 24.8/0600 Nha Trarvg 02 K21 alongside 25.8/1500 Osa Vigoroso K28 alongside 24.8/0600 Rajah Brooke K24E alongside 24.8/2300 Silver Shinko K34 alongside 24.8/0300 Str Venture K25W alongside 24.8/1830 Betait K24W735 words
-
466 1985-08-24 2 TOTAL exports from Singapore to its four Asean neighbours Malaysia, Thailand, the Philippines and Brunei shrank 8 per cent in June this year compared with the figure for June last year. Figures on Singapore's trade with Indonesia are not available from the466 words
-
Article, Illustration348 1985-08-24 2 MONICA GWEE - ®y MONICA GWEE THE GOVERNMENT plans to set up an Information Technology Institute (ITT) within the National Computer Board in the next few months, says Briga-dier-General Lee Hsien Loong. The main aim of the proposed institute will be to take part in Joint348 words
-
Article69 1985-08-24 2 TELECOMS is putting on sale a new Postal Services Guide. The guide covers information ranging from rates and conditions applicable to the various types of mail and remittance services to details on postal services. Costing $12, the 326page guide win be available from Aug 27 at all post69 words
-
352 1985-08-24 2 LISA LEE - By LISA LEE ALMOST three-quarters of graduates from the Institute of System Science found Jobs within a month in spite of the current economic downturn. Of the 45 graduates from the Institute of System Science's fourth batch who have completed the ISS352 words
-
Article173 1985-08-24 2 Seminars and courses DURATION TITLE VENUE ORGANISER TELEPHONE Aug 27 Information Resource Shangri-La Hotel Singapore *****66 Monagement-T rends, Institute of Opportunities and Management their Impact on Business *****22 Aug 27-28 Purchasing Skills for Mandarin Hotel Centre for the Newly Appointed Management Buyer Technology *****50 Aug 27-30 Hydrogen Cracking,173 words
-
Article222 1985-08-24 2 A SUCCESSFUL venture capital industry in Singapore will require the combination of a reputable accounting community, a healthy stock market and a supportive tax system. According to Dr Charles Lee, a partner in a venture capital company called Abacus Venture Pte Ltd, the most important element222 words
-
Article183 1985-08-24 2 PARLIAMENT will sit again on Friday, Sep 4. Mr Leong Horn Kee will ask the Acting Minister for Labour if the government will consider allowing CPF savings to be used for children's higher, specialised technical education or professional training. The question is for oral answer. Other questions183 words
-
206 1985-08-24 2 ONE OF THE most important (actors governing a person's health is the condition of the human intestine, the main organ for the absorption of food. Several eminent doctors will meet in Singapore on Aug 29 to swap notes on lactobacillus casei, the bacteria206 words
-
-
OVERSEAS
-
Article, Illustration384 1985-08-24 3 AP PRESIDENT Ronald Reagan, making his first speech outside the White House since undergoing cancer surgery last month, said his administration had held firm against communism In Central America. "One of the reasons the American people have turned to us is that we do notAP - 384 words
-
230 1985-08-24 3 Reuter CRUDE STEEL production in the US plunged by over 10 per cent in the first half of the year compared with the same period last year, according to the International Iron and Steel Institute. Figures released on Thursday by the instituteReuter - 230 words
-
420 1985-08-24 3 PI US PRESIDENT Ronald Reagan is set to veto economic sanctions Congress may pass against South Africa and instead may order limited punitive measures to pressure the Pretoria government to reform. With the Senate expected to act next month on sanctions approved earlierPI - 420 words
-
224 1985-08-24 3 Reuter THE HEAD of a seminar on nuclear war studies has proposed the establishment of a "world laboratory project" in which scientists could work together without secrecy to try to solve problems such as the threat of nuclear war, hunger and underdevelopment.Reuter - 224 words
-
146 1985-08-24 3 AP LABORATORIES that claim to detect health problems through hair analysis often practise "potentially frightening health interpretations" such as that which diagnosed as hardening of the arteries in a healthy young woman. Dr Stephen Barrett, a psychiatrist, said in yesterday's Journal of the American MedicalAP - 146 words
-
520 1985-08-24 3 US groups threaten to withdraw support NYT BUSINESS BACKERS of President Reagan's tax revision plan are warning that their support will collapse if congressional tax writers bargain away the reductions in corporate and individual tax rates contained in the plan. While support from theNYT - 520 words
-
Article199 1985-08-24 3 Reuter CHRYSLER CHAIRMAN Lee lacocca would defeat Vice-Presi-dent George Bush by 47 per cent to 41 per cent if they faced each other in a US presidential election held now, according to a poll released yesterday. But the poll of 600 registered voters conducted last monthReuter - 199 words
-
Article816 1985-08-24 3 ARRIVALS Operator Service number Local time From PAA SV CAL StA MK CV MAS KAL MAS MAS MAS AC PA21 SV379 CI333 SQ41 MK746 CV796 MH68I KE624 MH603 MH67I MH811 AC858 0020 0115 0130 0535 0755 0815 0820 0840 0905 0935 0940 0940 LAX/TYO/ HKG SEL TPE816 words
-
270 1985-08-24 3 NYT AN INTERNATIONAL banking executive for Citibank, who is the leader of an opposition party in Liberia, went on trial on sedition charges on Thursday in Monrovia, the Liberian capital. According to United Nations and US State Department officials, the trial byNYT - 270 words
-
Article, Illustration372 1985-08-24 3 Reuter US AVIATION authorities ordered a thorough safety check last month of the type of engine which burst into flames on a British airliner taking off from Manchester airport on Thursday, a US official said. A total of 54Reuter - 372 words
-
275 1985-08-24 3 AP THIS IS THE WORST year in the history of civil aviation, with 15 accidents and more than 1,400 people killed. Previously, 1974 ranked as the worst year for aviation safety, with 1,299 fatalities, said Eugene Sochor, a spokesman for the international CivilAP - 275 words
-
239 1985-08-24 3 Reuter ECONOMIC growth in the US and Britain has fallen to a "snail's pace" and is significantly lower than in other major industrial countries. The Brussels-based European Conference Board said both countries languished at the bottom of a league tableReuter - 239 words
-
160 1985-08-24 3 Reuter BRITAIN suffered its biggest trade deficit in a decade last year, running up shortfalls in every commodity but oil. The annual report on the balance of payments showed a visible trade deficit of £4.1 billion, the worst since 1974's £5.4 billion, andReuter - 160 words
-
559 1985-08-24 4 NYT THE INDIAN government has announced that would proceed with elections in Punjab next month in spite of warnings that the balloting might prompt further assassinations and violence in the state. Prime Minister Rajiv Gandhi was reported on Thursday night to haveNYT - 559 words
-
81 1985-08-24 4 AFP SHIN KANEMARU, the secre-tary-general of the ruling Liberal Democratic Party, has indicated that a Cabinet and party leadership reshuffle would be carried out late this year. Party sources quoted Mr Kanemaru as telling a meeting with ruling party members that the reshuffle was expectedAFP - 81 words
-
Article399 1985-08-24 4 Bernama A NEW DEVICE to recycle used industrial oil (or continual consumption has been introduced for the first time in Malaysia. The device, originating from the US, processes used oil into "better and drier" new oil without any change to the original physical properties ofBernama - 399 words
-
244 1985-08-24 4 AP THE AMERICAN Senate majority leader, Robert Dole, has asked Japan's largest car maker, Toyota, to choose his home state as the site for a new plant. An aide to Mr Dole, Walt Riker, said on Thursday that the Kansas RepublicanAP - 244 words
-
Article64 1985-08-24 4 AFP SUSUMU NIKAIDO, the vicepresident of Japan's ruling Lib-eral-Democratic Party, will visit the US next month to help ease trade friction between the two countries. He will be accompanied by some ruling party members. Washington has been urging Japan to reduce its huge trade surplusAFP - 64 words
-
Article, Illustration70 1985-08-24 4 DENG PUFANG, the head of the Chinese Fund for tho Handicapped and tho son of Chinese leader Dong Xiaoping, it accompanied by Fronch Extornal Roiationa Minister Roland Dumaa (loft), before a meeting in a Paris hotel on Thursday. Mr Deng, 41, confined to a wheelchair after70 words
-
Article169 1985-08-24 4 AFP THE HONGKONG government is worried over whether to let its officials play an advisory role in the drafting of Hongkong's post--1997 constitution, to come into effect when the colony reverts to Chinese rule, according to a local newspaper. The mini-constitution for the future of the BritishAFP - 169 words
-
Article43 1985-08-24 4 AFP A TOTAL of 954 farmers in Liaoning province in Northern China have pocketed about US$lOO,OOO by selling to the Beijing government non-existent stocks of rice and grain, the independent Ming Pao Daily reported on Thursday in a dispatch datelined Beijing.AFP - 43 words
-
-
Page 3 Advertisements
-
Advertisement7 1985-08-24 3 Pan Aril's New Clipper Class DailylbLos Angeles.7 words
-
-
RAW MATERIALS
-
Article181 1985-08-24 4 SINGAPORE THE MARKET yesterday closed quietly lower with September One RSS buyers quoted at 164.25 cents per kilo, down 0.75 cents from Thursday. MALAYSIA Selling ahead of the long weekend saw the market weaken at the close to 183.00 cents per kilo for Sep Int One RSS buyers, down181 words
-
Article372 1985-08-24 4 RAS prices in M cents/kg, FOB in b ales NOON CLOSE Buyers Sellers Buyers Sellers Int 1 RSS Prompt 165 25 166.25N ***** *****N lot I RSS Sept 85 164 75 165 25 164 25 164 50 Int 1 RSS Oct 85 164 00 164 50 163372 words
-
Article128 1985-08-24 4 Singapore (S$/kito, •*-godown) 1 Fragrant new crop 1st 080 2nd 0.58 3rd 0.56 New Crop 25% no stock 10% no stock Thai Broken A-super 0.54 Special 0.52 Thai Rice 55% no stock China Rice 10% no stock 15% 0.75 25% no stock 35% no stock Thai Boiled Rice 5%128 words
-
Article107 1985-08-24 4 THE KUALA LUMPUR price yesterday closed eight cents higher at M$99J9 per Idle on continned support by the ITC buffer stock manager (BSM), dealers said. The BSM absorbed much of the smaller offering of 84 tonnes, down from M on Thursday. Persistent light local demand was also noted.107 words
-
Article177 1985-08-24 4 Yam (In HK$ per bole of 400 lb) China carded yarn, cones Blue Phoenix 16's 2,500 Blue Phoenix 20's 2,550 Blue Phoenix 32's 3,000 Blue Phoenix 40's 3,350 Carded yarn, hank Blue Phoenix 21's 2,800 Combed yarn, cones Blue Phoenix 32's 4,200 Blue Phoenix 40's 4,400 Open-end yarn 2,350177 words
-
Article126 1985-08-24 4 THE MALAYSIAN crude palm oil prices yesterday closed at the day's lows on further liquidation and buyer reserve, pressured by weaker Chicago soyoil futures and India's rejection of offers at its vegetable oil tender. Refined palm oil prices also eased after India again passed on its tender. RBD126 words
-
Article146 1985-08-24 4 WHEAT FUTURES on Thursday rallied to close mixed on or near the highs on the Chicago Board of Trade, ranging from up two US cents per bushel in September to down one cent in new crop July. September settled at US$2.B5 3 after posting a 4V4 cent range on146 words
-
Article148 1985-08-24 4 SOYBEAN FUTURES on Thursday rallied to close on the highs, up four US cents per bushel in September to unchanged in thinly traded July. November settled at US$5.l4 V* after posting at seven cent range on the day. Many traders were puzzled why soybeans rallied in the face of148 words
-
Article108 1985-08-24 4 (cents/kg, 1-ton pallets) OCT 85 (current month) (forward month) NOON NOON RAS Buyers Sellers Buyers Sellers SSR 20 137 00 139 00N 138 00 140 OON SSR 50 135 00 137 OON 136 00 138 OON MRELB Buyer* Sellers Buyen Sellers SMR CV 181 50 183 SON108 words
-
Article801 1985-08-24 4 COFFEE ROBUSTA COFFEE FUTURES yesterday drifted lower to midday at down £2 to £4 a tonne from Thursday night's close in a very thin volume with opera tors squared off and withdrawn ahead of the long UK weekend. The morning session's very thin volume of 423 lots included801 words
-
-
Page 4 Miscellaneous
-
Miscellaneous25 1985-08-24 4 Doonesbury < m M I W 10. 222 rs ft M va I? NOW, I KNOW OUR. SO ASSOaAIBPFOFSARS wtfs UNP6NWP.BUTI THINK jus IN*XKCAse,IGOUU? 0FF8& SPeAKTOTHeCOMROL-,25 words
-
-
MONEY AND EXCHANGES
-
Article698 1985-08-24 5 SINGAPORE THE US dollar yesterday closed slightly lower against most major currencies after fluctuating within a narrow range in quiet trading. Sentiment for the dollar remained bearish, reinforced by news of a larger than expected fall in US July durable goods orders. The dollar closed a shade lower698 words
-
Article, Illustration287 1985-08-24 5 Asian market ASIAN DOLLAR deposit rates yesterday closed steady at the opening levels in quiet afternoon trading. Short-dates firmed 1/16 point at the outset and remained unchanged in subsequent trading. Weekend and Monday/Tuesday closed at a common 7-13/16 7-11/16 per cent. Periods were steady to 1/16 point lower at the287 words
-
Article239 1985-08-24 5 HONGKONG: GOLD yesterday closed easier in active trading on a flurry of profit taking. Dealers said the weakness reflected the overnight strength of the US dollar, adding the situation in South Africa continued to overshadow the market. The metal ended at U*****.15 55 an ounce compared with New York's239 words
-
Article247 1985-08-24 5 Interbank rates at 3pm yesterday: Currtncm Nominal rate* Smithaoman Bid Offer croaa parity change Local dollors to one unit of foreign currency: US dollar ***** 2 2325 ***** -20 88 Sterling pound 3 1200 3 1243 7 3469 -57 53 Australian dollar 1 5717 1 5750 3 4286247 words
-
Article354 1985-08-24 5 BA Futures EUBODOLLAB futures yesterday suffered a minor setback despite the bullish US durable goods orders figure on Thursday night. December Eurodollar moved down to 91.65 from an opening level of 91.69 as the market has a downward bias in view of the minor reversal pattern seen in IMMBA Futures - 354 words
-
Article68 1985-08-24 5 THE OVERNIGHT rate on the Singapore interbank money market fell S to close 4 per cent yesterday. The three-month term rate fell by 1 point each while the one- and twomonth rates remained unchanged. S$ Interbank rates at 3pm yesterday: Offer Bid Over night 4 3 7/8 1-month68 words
-
Article49 1985-08-24 5 RESULTS of tender held yesterday for: 91-day Treasury bills to be issued from Aug 27 to Aug 30. Offered: $90,000,000. Applied for: $117,000,000. Allotted: $90,000,000. Accepted bids: $99.29 approximately 69 per cent; higher bids in full. Average rate of discount on allotment: 2.815 per cent per annum.49 words
-
-
BANKING AND FINANCE
-
423 1985-08-24 5 Reuter RECENT ADVANCES in US interest rate futures have left the market ripe for further gains on a technical basis, according to financial futures analysts. However, some analysts also warned that after several consecutive days of advances, debt futures were susceptible to a modestReuter - 423 words
-
Article143 1985-08-24 5 Reuter THAI COMMERCIAL BANKS are expected to cut their interest rates further because of the current high liquidity in the money market. A central bank spokesman, Prapapim Sakuntapai, said bank deposit growth in July continued to outpace credit expansion by a four to three ratioReuter - 143 words
-
299 1985-08-24 5 AP MEMBERS of the Group of 77, a loose organisation of non-aligned countries, are split on the idea of establishing a bank to finance trade among Third World countries, an Egyptian official says. EM Shaaban, a member of theAP - 299 words
-
586 1985-08-24 5 Reuter BORROWERS are likely to follow the Asian Development Bank (ADB) into the market for yen-denominated yankee bonds, especially if the dollar continues to weaken, investment bankers and analysts say. In the latest step towards the internationalisation of the capital markets, theReuter - 586 words
-
485 1985-08-24 5 FT THE NATIONAL Westminster Bank has applied to set up a UK-style stockbroking operation in New York in a move which will challenge the Federal Reserve Board's bank regulations. If successful, Natwest will be the first bank to set up aFT - 485 words
-
115 1985-08-24 5 AFP A MONITORING PANEL of the Manila's top creditor nations and institutions appears dissatisfied with the country's economic reform measures. The Business Day newspaper said in Manila on Thursday that the World Bank, which chairs the panel a sub-committee of the consultative group of Manila'sAFP - 115 words
-
Article360 1985-08-24 5 Reuter A SHORT-DATED UK government bond futures contract, set to enter the London International Financial Futures Exchange (Liffe) on Sep 10, could quickly attract more volume than well established long gilt futures, traders said. Some believed the short instrument could at least initially steal turnoverReuter - 360 words
-
239 1985-08-24 5 NYT PUBLIC EXPENDITURE is still growing at an alarmingly fast rate in Brazil, in spite of heavy pressure from the IMF to curb an anticipated large public sector deficit. Official estimates of the public wage bill for this year range from a real increase ofNYT - 239 words
-
-
TIME-OFF
-
Article523 1985-08-24 6 BOOK 'EM! That's what Steve McGarret of Hawaii Five-O would have said of Singapore's bookies. It is not hard to find some of them. Mini turf clubs, where the bookies conduct their billion-dol-lar business, are found in coffee shops and at void decks of HDB523 words
-
Article, Illustration814 1985-08-24 6 JAIME LYE - Although New Zealand films are not as well known as those from Britain and Australia, JAIME LYE tells why three New Zealand offerings should not be missed. JAIME LYE THEY ARE NOT well known like their British counterparts, and they have yet to make an814 words
-
Article1299 1985-08-24 6 What's on from August 24 30 CONCERT: Blnaapora Symphony Orchaftra. Botanic Gardens. 6.15pm. Free. An open-air concert featuring a lightish programme of Bernstein (Candide Overture), Smetana (Three Dances from The Bartered Bride), Rossini (Excerpts from William Tell Overture) etc. Orchestra conducted by Lim Yau. DRAMA FESTIVAL: Thm CurM of1,299 words
-
Article, Illustration169 1985-08-24 6 A little bird told me BIRD-SINGING contests have become as mach a part at the SlngaC landscape as the trees which our reads aad housing estates. One contest alone drew mere than 9M winged participants aad yen eaa imagine the formidable task faced by the haman Judges whs have te169 words
-
Article153 1985-08-24 6 A FRENCH firm has come out in rescue of lazy gardeners by cutting short the process of transplanting seedlings. Selling here, the firm's fertil pots (or fertile pots in English) are said to be made out of peat and that, presumably, gives the pot a built-in153 words
-
-
Page 6 Miscellaneous
-
Miscellaneous772 1985-08-24 6 ®ODQBKfI(Mi) ■j CRYPTIC PUZZLE ACROSS 9 Create on awful fuss anew at ice water is brought round (5, 4) 10 And ice had built up round the vehicle previously (2, 7) 12 Turn up with some hoy (4) 13 Use for want of something better and press into action (4.772 words
-
-
SPORTS
-
Article, Illustration765 1985-08-24 7 ANNA TEO - Tennis talent good but raw By ANNA TEO OUR TOP TENNIS Juniors are good, but they lack self-confi-dence. That's the verdict of Kevin Livesey, the resident coach of Hongkong's Jubilee Sports Centre, where five of our juniors have just returned from a 13-day tennis camp involving a total of 32765 words
-
Article, Illustration583 1985-08-24 7 BRIAN MILLER - By BRIAN MILLER LEADING JOCKEY S Y Leong, who drew a blank at the just concluded Kuala Lumpur meeting, is down to partner six horses at Penang today and could land a double to consolidate his position at the top of the table. His winners583 words
-
Article, Illustration353 1985-08-24 7 UPI FINLAND'S Keke Rosberg will switch from the Williams team to drive for McLaren next year as a replacement for Austrian Niki Lauda, who last week announced his plans to retire from Grand Prix racing at the end of the current season.UPI - 353 words
-
196 1985-08-24 7 AFP ROGER MALTBIE one-putted nine times on the way to a 5-un-der-par 65 that lifted him into a tie with defending champion Denis Watson of South Africa for the first-round lead on Thursday in the US$7OO,OOO NEC World Series of golf. The criticalAFP - 196 words
-
Article, Illustration483 1985-08-24 7 Reuter AMERICANS John McEnroe and Chris Evert Lloyd, both well accustomed to the role of favourite, have been named the top seeds for the US Open Tennis championships which begin next Tuesday. McEnroe, in a move contrary to the latest computer rankings ofReuter - 483 words
-
316 1985-08-24 7 Rueter THE UNITED STATES won the Walker Cup for the 27th time on Thursday when it beat Britain and Ireland by 13 points to 11 after two days of competition. The Americans took 3!4 out of four points in the morning foursome matchesRueter - 316 words
-
-
Page 7 Miscellaneous
-
Miscellaneous1103 1985-08-24 7 w ffiji) mm CENTRE STAGE: Hollywood Television Theatre Gondola 8.30 pm Channel 12 Norman Lloyd and Sondra Locke star in this drama about a defence attorney who goes all out to prove the innocence of two men convicted of attacking a girl many years ago. 8.00 PM Programme Highlights followed1,103 words
-
-
INTERNATIONAL STOCKS
-
313 1985-08-24 8 Reuter BOEING CO stock is coming under selling pressure partly because of reaction to the third air disaster in two months involving a Boeing plane and partly because of profit-taking, Wall Street analysts said. Boeing was down l'/i> at 47H on Thursday. A Boeing 737Reuter - 313 words
-
188 1985-08-24 8 AP THE ASSOCIATED PRESS and CBS News are denying a newspaper report that they were exploring a news-sharing arrangement "just short of a merger". Louis Boccardi, AP's president and general manager, said the companies were discussing a joint venture to gather video footageAP - 188 words
-
319 1985-08-24 8 Reuter WALL STREET stocks closed l*>wer in moderate trading on Thursday. The Dow Jones Industrial Average settled at 1,318.10. The New York Stock Exchange Index fell 0.92 to 106.57. The average price per share decreased 29 US cents. Declines led advances 999 toReuter - 319 words
-
Article158 1985-08-24 8 AUG 22 AMfci AJcon a 20* 36* unch bnp 01 hco km Pro* Plpa hi UK 51 19* 41* 16* unch AJgomo Argoon HUg» Bark Mont Bank Nova ScoMo 23 29* 13* 29* tCarr Add Loklow B Moway Forg Mc BkxM 15* 21 3* 20* unch BP Can Lid158 words
-
Article207 1985-08-24 8 500 uneh Woolwoflh 1570 5 INDUSTRIALS IMMGS 7908 3000 i*xh Ab«rtom AE And O 170 10 uneh WOO 1380 7500 720 100 435 Set Anrajmrp 2750 620 20 i 1135 25 Cora Gold 1525 75 C G SmNh CNA 2275 25 1125 uneh 215B Da Bmti 1170 •10 m207 words
-
Article657 1985-08-24 8 AUG 22 us* Afcon Ahmn 27* AJcoo 34* Lud 20* AM Cham Q> 41* AM Sw« 56* Afe-Oaknsrt 4* Am Brandt he T 59* Am Broodcatt 114* Am Can Co —56* Am Cyanamid 55 Am Bsc P»r 21* Am Exprass 42 Am Horn# f*od 5#* Am Motor* Cp657 words
-
Article860 1985-08-24 8 Amsterdam AUG 22 Hi ABM 506.00 -3 Aagon 101.00 4-0.2 Ahold ***** -1 Akzo ***** +0 1 AMCV 280.80 +2 8 Amtat Anvo Bonk (7.30 -0.5 Md 45.00 unch h* 99 50 08 Bomfrvj 410.00 -1 Bur Tat 114.00 +4 Catand 37JO +03 Coh* 457.00 +4 Dai M|860 words
-
-
Page 8 Advertisements
-
Advertisement481 1985-08-24 8 k WSiere id viae, «Uae arid eatertala s 1/ iF.t> —rzyt'% The siiufitui smitirti dt MntTs Turn m r. FF y; m They are the Baybelles from the heart of Manila. They'll take you through a lively trip of hot disco music and popular favourites. They'll keep you in tune481 words
-
Advertisement105 1985-08-24 8 London stocks, on Back Pago Enjoy the world s finest wine, while you relax in the cosy ambience of The Lounge. Make your nights memorable with the versatile quartet Body M Soul from the Philippines. They'll captivate you! Happy Hours: spm 7pm, 50% off all drinks (pouring brands). cnjSwn #PWNCE105 words
-
-
ASIAN STOCKS
-
Article318 1985-08-24 9 HONGKONG: Share prices closed little changed yesterday in moderate trading in the absence of fresh news. The Hang Seng Index fell 1.89 to 1,669.98. Turnover was HK&83.14 million compared with $270.37 million on Thursday. Hang Seng Bank fell $1.00 to $45.75 ahead of interim results due later in the318 words
-
Article204 1985-08-24 9 AUG 22 NT Lion Hwa Indus Nan Yo Plos 9 70 21.70 0.15 0.2 AM Sincara Indus 342 20 40 OO Pacific Com Pacific Ekct Wire 13 90 12.35 -0.1 0.1 Cathay Con* Chang Hwo Bank 22 50 45 10 0 1 Paolung Papor 0.97 1180 004 +0.2 14.30204 words
-
Article357 1985-08-24 9 TOKYO; Share prices closed lower yesterday in line with the fall on Wall Street on Thursday and because investors felt the recession in the semiconductor industry has depressed the prospects of blue chip electronics companies. The market average fell 43 points to 12,691.41 and turnover was a fairly light357 words
-
Article122 1985-08-24 9 MANILA: Share prices closed mixed in continued dull trading yesterday. The Commercial Industrial Index rose 2.46 to 135.67, the Mining Index firmed 1.34 to 641.23 and Oils fell 0.022 to 0.737. PLDT was up to 36.50 from 36 pesos and Seafront to 0.0042 from 0.004 but Philex was down122 words
-
Article366 1985-08-24 9 SYDNEY: Share prices closed easier yesterday with trading dominated by situation stocks, particularly Castlemaine Tooheys. Near the close, the All Ordinaries Index was down 9.0 at 945.1, the All Industrials Index was down 8.7 at 1380, the Gold Index was down 36.6 at 1049.2 and the All Resources Index366 words
-
Article62 1985-08-24 9 AUG 23 Won 675 Hyundoi Con»t Hyundai Motor KAL 899 869 430 1 3 +2 655 699 -6 730 1384 •17 Doofcm Ind 495 >18 400 2 468 -2 617 -3 646 -3 719 19 591 50 807 +2 585 -5 1210 •30 Hand Bk 740 -a 613 -762 words
-
Article151 1985-08-24 9 BANGKOK: Stock prices closed mixed in moderate trading yesterday. The Book Club Index rose 0.11 points to 136.35 as declines led advances by a three to two margin. Turnover was 253,610 shares worth 70.4 million baht. AUG 23 Aokham Thai MM* Saom Citizan S torn City 78 50 506151 words
-
Article77 1985-08-24 9 AFP PRODUCTION, exports and domestic sales by Japan's two top car makers last month topped the June levels. Toyota said its exports in July rose 11.5 per cent over June to 192,434 units, while Nissan put the volume at 147,791 units, up 12.9 per cent.AFP - 77 words
-
Article213 1985-08-24 9 Bernama SALES OF NISSAN CARS in Malaysia are still on the increase in spite of the current slowdown in the car market, according to Nissan Malaysian franchisee Tan Chong Motors. Nissan also maintained its position as the best-selling car in the country. Tan Chong Motors said theBernama - 213 words
-
Article100 1985-08-24 9 Reuter THE SAUDI state oil firm, Petromin, has told Japanese importers it will increase propane shipments to Japan to 85 per cent of contracted volume in September from 75 per cent in August but butane shipments will remain at 95 per cent. The sources saidReuter - 100 words
-
180 1985-08-24 9 Reuter THE STATE-RUN Korea Petroleum Development Corp (Pedco) is still seeking a foreign partner to explore for oil and natural gas in South Korea's sixth continental shelf block off the south-eastern port of Pohang. A Pedco spokesman denied a report by the Opec newsReuter - 180 words
-
-
Page 9 Advertisements
-
Advertisement577 1985-08-24 9 The Noodle Shop A prominent food critic gave The Noodle Shop top rating for quality and value for money. FAR EAST PLAZA GOLDHILL SQUARE FOOO ALLEY 14. Scotts Rd., #02-43 101. Thomson Rd #81-09 16, Murray Street Tel: 732-4666 Tel: 250-7991 Tel: 222-6385 SINGAPORE CHANGI AIRPORT #011-77 West Wing Arrival577 words
-
Advertisement110 1985-08-24 9 I M Savoury Delights Await Yod At >» I: I HI M I'* For reservations call 235 2698 or 734 6622 ext 141/144 5 T Sc 11 Lunch: 11am—3pm )7(srchard rqac Dinner 6pm-11pm Ample Free Parking 19 Cairnhiri Qrde and Valet Service Singapore 0922 M 734 6622 OiteMe CBI ORCHARD110 words
-
-
SHARE INFORMATION
-
Article, Illustration4140 1985-08-24 10 HEAVY DEALS done in a couple of counters provided most of the excitement to an otherwise quiet day on the Singapore stock market. At the final bell yesterday, the BT Composite Index closed 2.79 points lower at 642.97 while the Straits Times4,140 words
-
Article246 1985-08-24 10 SINGAPORE r ,1 Rises U M FWmk 860 A B N 100H 365 TOM 240 WnM Corpa 157 HK TW. C*rp S0« 235 117 Li*«w S0( 110 AM Choc 171 M 9mm*m 545 Falls 135 32 15 15 +9 +9 +8 6 5 Indices Am 22 Aao246 words
-
Article3340 1985-08-24 10 BID and offer prices officially listed and business in and reported to the Stock Exchange of Singapore yesterday with the number of shares traded shown in brackets in lots of 1,000 units unless otherwise specified. All Time Settlement Contracts are quoted after the word "SETT".3,340 words
-
-
Page 10 Advertisements
-
Advertisement11 1985-08-24 10 KL market report, Business done on the KLSE See page 1111 words
-
-
COMPANY NEWS
-
Article, Illustration309 1985-08-24 11 HOCK LOCK SIEW - ■y HOCK LOCK SIEW THROUGHOUT the awe-inspir-ing rise in the share price of Sigma Metal Co Ltd these past few weeks, market watchers kept asking each other: "How long can this go on?" That runaway upsurge has resulted in a 160 per cent appreciation in value309 words
-
Article2906 1985-08-24 11 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. INDUSTRIALS A Choc (1 906 1.955) (8) 1.83 (1) 12,906 words
-
344 1985-08-24 11 CHAN OI CHEE - By CHAN OI CHEE IN SPITE OF a doubling In group turnover to $82 million, recently-listed Lee Kim Tah Holdings' profits for the half year ended June 30, 1965, were lower than expected. Group taxable profits, after interest on borrowings and depreciation,344 words
-
173 1985-08-24 11 ALTHOUGH there is very little to excite investors of Hotel Marco Polo Ltd on the earnings front, there may be something brewing at the company's ownership front, judging from the latest disclosure that a substantial block of the company shares has173 words
-
Article412 1985-08-24 11 NAJEEB JARHOM - By NAJEEB JARHOM PARKWAY HOLDINGS Ltd, reporting group interim results for the first time under its new owners, yesterday announced a consolidated post-tax profit of $2.45 million attributable to shareholders in the half year'to June 30. When the company, formerly known as Singapore Glass (1974)412 words
-
LATEST RESULTS
-
Article47 1985-08-24 11 Group pre-tax profits for the first six months to end-June 1985 rose to $2.19 million ($967,000 previously), on total income of $5.21 million ($4.25 million). EPS was 2.67 cents (0.98 cents) and NTA per share stood at $1.39 ($1.34). No interim dividend was mentioned.47 words
-
46 1985-08-24 11 Group pre-tax profits of M 57.46 million in the halfyear to July 31, 1985, against $5.03 million previously, on operating revenue of $10.02 million ($7.61 million). An interim dividend of 7 per cent less tax will be paid on Oct 3.46 words
-
-
Article252 1985-08-24 11 Morvogers' prices MARA-Bumiputra for Aug 24 27 First B'putro 5 02 5 07 Second B'putro 4 58 4 63 Singapore Unit Trust The Commerce 1 63 1.73 The Savings Find 135 143 Thrd B'putro Fourth B'putro Fifth B'putro Sixth B'putro 3 80 3.85 412 417 2 76 2252 words
-
Article191 1985-08-24 11 CHUAN HUP Mariae Ltd said the sale of its stake in Lityan Development Pte Ltd to Rocklea Consolidated of Australia was completed yesterday after Rocklea's shareholders approved the deal at an EGM on Aug 6. Chuan Hup now owns 41.8 per cent of Rocklea following the completion of191 words
-
Article100 1985-08-24 11 HONGKONG Hong Seng Index Thursday 1388.7 Week ogo 1388 7 Friday 1669.98 Thursday 1671.87 NEW YORK Week ago 1700.37 Dow Jones Thursday 1318 10 TOKYO Wednesday 1329.53 Week ago 1317.76 Tokyo Dow Jones Friday *****.41 Thursday *****.05 Stondard Poors Week ago *****.06 Thursday 187.36 Wednesday 189.16 TSE Index100 words
-
483 1985-08-24 11 PROFIT-TAKERS took the upper hand at the Kuala Lumpur stock market yesterday as bargain hunters kept to the sidelines, causing share prices to close broadly lower. A spark of interest was seen in a handful of special situation stocks and these ended in the plus483 words
-
Article84 1985-08-24 11 DEVELOPMENT ft COMMERCIAL BANK Berkad: 20th AGM at the Ballroom, Hotel Equatorial, Jalan Sultan Ismail, Kuala Lumpur on Thursday, August 29, at 10.30 am. PAN MALAYSIA CEMENT WORKS Berhad: 22nd AGM at the MUI Plaza Conference Centre, 1st Floor, MUI Plaza, Jalan P. Ramlee, Kuala Lumpur on Friday,84 words
-
-
Page 11 Advertisements
-
Advertisement279 1985-08-24 11 NOTICES IN THE MATTES OF THE COMPANIES ACT, CAP. IM AND IN THE MATTES OF FUJI COFFEE HOUSE PTE LTD (IN VOLUNTARY LIQUIDATION) MEMBERS' VOLUNTARY WINDING-UP At an Extraordinary General Meeting of the Company duly convened and held at 190 Middle Rd #12-10 Fortune Centre, Singapore 0718 on the 19th279 words
-
Advertisement245 1985-08-24 11 >£>;HARIMAU INVESTMENTS LIMITED (Incorporated in the Republic of Singapore) UNAUDITED RESULTS FOR THE SIX MONTHS ENDED 30 JUNE 1985 The Board of Directors of Harimau Investments Limited is pleased to announce the unaudited results of the Group and me Company for the six months ended 30 June 1985:30.6.85 30.6.84 or245 words
-
-
392 1985-08-24 12 LEE HAN SHIH - By LEE HAN SHIH, Property Correspondent ONGOING PROPERTY projects worth billions of dollars continue to hang over Singapore's property market, offering little hope of quick relief for both developers and contractors. About 17,000 private residential units and almost 2.6 million square metres of392 words
-
129 1985-08-24 12 A SMALL FIRE temporarily knocked out Shell's big hydrocracker plant exactly one week after a similar fire caused severe heat burns to workers operating a naphtha hydrotreating unit. Fire broke out yesterday in the two-year-old hydrocracker after petrol leaked from a small flange in the129 words
-
Article242 1985-08-24 12 THE NATIONAL UNIVERSITY of Singapore took a step forward yesterday with its research facilities when its Science Faculty signed a cooperation agreement with a French research laboratory. Faculty dean Professor Bernard Tan signed the agreement with Professor Alain Costes of the Laboratory of Automatic Control and systems242 words
-
Article40 1985-08-24 12 Reuter AT LEAST U5527.5 million in accident insurance, the largest for a single accident in Japan, will be paid to victims of the Japan Air Lines Boeing 747 which crashed on a domestic flight on Aug 12. ReuterReuter - 40 words
-
Article411 1985-08-24 12 EVEN BEFORE one batch of Hepatitis B vaccine came out of the vats, Singapore Biotech made a profit last year its first 12 months of operation. Its after-tax profit of $450,000 was earned purely from trading operations importing the Hepatitis B vaccine from US pharmaceutical manufacturer411 words
-
245 1985-08-24 12 Bernama ABOUT 40,000 Malaysian construction workers in Singapore are expected to be phased out from the Republic over at least the next two years, Malaysian Deputy Labour Minister Datuk Haji Zakaria Abdul Rahman said yesterday. He said the Labour Ministry wanted theBernama - 245 words
-
149 1985-08-24 12 AFP A TOP CHINESE finance expert called for urgent reform of China's foreign exchange system in a report published yesterday, following a dramatic drop in the country's once substantial foreign reserves. Gu Ming, the chairman of the China International FinanceAFP - 149 words
-
136 1985-08-24 12 CANADA will provide the Primary Production Department with $439,000 to train 20 engineers and scientists from Asian countries. The International Development Research Centre (IDRC) signed the agreement with the Permanent Secretary of the Ministry of National Develop- ment earlier this week for a grant136 words
-
Article753 1985-08-24 12 SHARE PRICES in London closed mixed yesterday with a firmer bias but trading was selective and quiet ahead of the long UK holiday weekend. At 1430 GMT, the FTSE 100 was up 2.5 points at 1,312.2. Allied Lyons closed 6p down at 228 after news it will accept753 words
-
Article54 1985-08-24 12 AP BEIJING'S decision to scrap state price controls at peasantrun free markets has boosted food supplies and led to a 65-per-cent increase in sales, says the official Xinhua news agency. The price of meat, eggs, poultry, fish, vegetables and fruit were allowed to float according to marketAP - 54 words
-
69 1985-08-24 12 AP THAILAND-BASED foreign pharmaceutical manufacturers and importers yesterday called on the Thai government to introduce a patent law to protect them from "piracy" and eliminate substandard drugs from the market. Bruce Murdoch, president of the Pharmaceutical Association (Thailand), said at a news conferenceAP - 69 words
-
Article93 1985-08-24 12 Reuter COMEX GOLD FUTURES were up US$O.9O to 1.50 in quiet early dealings yesterday, boosted by a weaker dollar and trade scale-down buying. Key December was $0.80 higher at $341.70 an ounce at 1000 EDT. Comex silver futures rose 2.5 to 3.0 cents in the morningReuter - 93 words
-
Article58 1985-08-24 12 Reuter THE US stock market moved lower in early trading yesterday, continuing the downturn of the previous session. The Dow Jones industrial average was off one point to 1317. Declines led advances by a five-three margin on a slow preweekend turnover of 7.05 million shares. Occidential PetroleumReuter - 58 words
-
LATE FILE
-
Article59 1985-08-24 12 AP SOUTH AFRICAN police firing shotguns and rubber bullets battled stone-throwing blacks near a small white town yesterday in Northern Cape province, killing six people and wounding 20, authorities said. Residents of Soweto, near Johannesburg, said the army for the second day in a row wasAP . - 59 words
-
Article54 1985-08-24 12 Bernama MALAYSIAN POLICE believe the 64 Indonesians reported to have drowned after their boat sprang a leak in the Straits of Malacca on Thursday may have reached their destination in Sumatra safely. Search and rescue teams found no bodies at the spot where the boatBernama - 54 words
-
53 1985-08-24 12 Reuter GUERILLAS fighting for a separate Tamil state in Sri Lanka are preparing to launch a major offensive. Parliamentary Affairs Minister Vincent Perera gave the warning in Parliament yesterday following the collapse of talks in Bhutan aimed at ending the bloody conflict between majority SinhaleseReuter - 53 words
-
Article41 1985-08-24 12 Reuter A SPANISH youth desperate for work has offered to trade one of his kidneys for a job. Jose Francisco Pastor Tortajada said such a drastic measure was necessary to end three years of unemployment. ReuterReuter - 41 words
-
Article41 1985-08-24 12 Bernama THE 1.3-litre model of the Proton Saga is expected to be priced at M 518,200 without insurance, and the 1.5-li-tre version at $21,200, also without insurance, in Peninsular Malaysia, Perusahaan Otomobil Nasional (Proton) sources said yesterday.Bernama - 41 words
-
-
Page 12 Advertisements
-
Advertisement180 1985-08-24 12 NOTICE IN THE MATTER OF THE COMPANIES ACT, CAP. 185 AND IN THE MATTER OF RHEINGOLD SINGAPORE (PTE) LTD (In Voluntary Liquidation) NOTICE IS HEREBY GIVEN, pursuant to Section 308 of the Companies Act, Cap. 185, that the Final Meeting of the abovenamed company will be held at 113, Macpherson180 words
-
Advertisement191 1985-08-24 12 The Business limes Special Report On September 19, Business Times features a major report on integrated office automation. In this incisive survey, Business Times provides the answer to greater office efficiency and productivity. Planned Office Explaining key concepts and latest developments in the planned office, our comprehensive editorial coverage includes:191 words
-
-
Page 12 Miscellaneous
-
Miscellaneous54 1985-08-24 12 BW,E«T,HE.RI Outlook for todoy: Showers over a few areos around midday onwards. Report for 24 hours prior to 7.30pm on Aug 22 at tt>e airport: Maximum temperature 32.4 Associated humidity 62 Minimum temperature 26.2 Associated humidity 88 Hours of sunshine 10.40 Rainfall in millimetres Nil Rainfall this month 54.8 Roiny54 words
-