The Business Times, 9 August 1986
1986-08-09
1
12
https://www.nlb.gov.sg
https://eresources.nlb.gov.sg/newspapers/browse/biztimes
The Business Times
-
Title Section12 1986-08-09 1 BUSINESS TIMES M.C. (P) No. 192/12/85 SATURDAY, AUGUST S, 198S 75 CENTS12 words
-
Article, Illustration713 1986-08-09 1 ON THE EVE of Singapore's 21st Birthday, the Prime Minister could return to his usual pattern for National Day eve which was broken last year and report economic progress, tempered with a few words of caution. "I believe we have gone713 words
-
260 1986-08-09 1 ALTHOUGH productivity grew rapidly by 8.2 per cent in the second quarter, it is unlikely to be sustained, said the Acting Trade Industry Minister. Also, it is misleading because companies were merely taking up the slack capacity which came about260 words
-
Article, Illustration706 1986-08-09 1 LOH HUI YIN - Cautious optimism about revival in second half 2nd Qtr '86 By LOH HUI YIN THE SINGAPORE government now expects the economy to grow between one and 2 per cent this year, if the turnaround in the second quarter is sustained. June, which was earlier described706 words
-
Article, Illustration92 1986-08-09 1 INVESTORS' Jitters ever the ImpMparts— sf the Malaysia* goverameat's move te freest the assets ef 23 depeslt-taklag cooperatives mated aa otherwise strong kaytag later est la Singapore Mae chips at the local stock exchange yesterday. The Straits Times ladastrtal Index elsaed XL paint higher at ItSJS alter a92 words
-
455 1986-08-09 1 Bernama THE MALAYSIAN government has frozen the assets of 23 depos-it-taking cooperatives and ordered them to cease all transactions and activities, pending the outcome of an investigation by Bank Negara. Finance Minister Daim Zainuddin said the assets of the principal directors andBernama - 455 words
-
Article44 1986-08-09 1 TWO OF THE Big Four banks released their interim profit figores yesterday. In spite of significant falls in profitability at Oversea-Chinese Banking Corp and United Overseas Bank, there is widespread confidence that their second-half performance would be much better.44 words
-
262 1986-08-09 1 MARTIN SOONG - *r MARTIN SOONG SEVEN HUNDRED Singaporeans will be honoured with public service awards today. More than half of them will receive medals for king service to the Republic. Among the five citizens who will be honoured with the nation's highest award, the Public262 words
-
Page 1 Advertisements
-
Advertisement96 1986-08-09 1 Nikon THE WORLD'S FINEST PHOTOGRAPHIC SYSTEM Challenges MeC Opportunities At Banque Indosuez, we turn challenges into opportunities. We have applied our expertise in Treasury, Foreign Exchange and Capital Markets and have designed new products, techniques and strategies to help you cope with increasingly v complex and difficult currency and interest96 words
-
Advertisement271 1986-08-09 1 Morv rtponi on Paga 2 and Back Page SHARE INFORMATION MONEY A EXCHANGES RAW MATERIALS AIRCRAFT SCHEDULE CROSSWORDS TV S RADIO DOONESBURV OUR VIEW A BT READER recently wrote a letter questioning the frenzied preparations behind the National Day's "centrally organised celebrations package". Whot he yearns for is 2.5 million271 words
-
Advertisement16 1986-08-09 1 ?~~,[$+"`&|!)"~,""'~!"_-\)^-^`> i'r~s j i\ LASSALE SEIKO X i; s i 1 ••?l QUARTZ V J I X. *>*»16 words
-
Advertisement6 1986-08-09 1 Nikon THE WORLD'S FINEST PHOTOGRAPHIC SYSTEM6 words
-
-
HOME NEWS
-
431 1986-08-09 2 BOEY KIT YIN - 2nd Qtr '86 By BOEY KIT YIN A SPURT in US demand for lo-cally-made office and data processing machines and parts in June helped to put the brakes on declining domestic exports. As a result, direct shipments an indicator of how the manufacturing sector431 words
-
479 1986-08-09 2 JEFFREY TSANG - By JEFFREY TSANG THE SLIDE in construction activities slowed significantly in the second quarter to under 20 per cent but this was mostly in the public sector. Second quarter results for the construction industry show total payments for work done479 words
-
Article, Illustration417 1986-08-09 2 SIGNS THAT the tourist trade is benefiting from the relative fall of the Singapore dollar and falling hotel rates emerged in the second quarter. The 751,000 visitors in the period was a 3.1 per cent increase over the same period last year, but because of the417 words
-
Article948 1986-08-09 2 AT CONVENTIONAL WHARVES VmmI Berth Arrival Departure KTC WHARVES Equator 4 K23 alongside 09.8/0400 Global M'cury K29 alongside 09.8/0000 NmI San Juan K9 alongside 09.8/0600 Toutoia Samoa K32 alongside 09 8/1100 Als Rctanc* K18 09 8/1000 10.8/0700 Bum Han K29 09.8/0930 10.8/0930 East Highway K9 09 8/2359948 words
-
Article435 1986-08-09 2 THE BUOYANT OFFSHORE hanking business more than made up for sluggish domestic demand in the second quarter. Supporting predictions that the opening up of Tokyo was Just as much an opportunity as a problem, developments in Japan's «wanHai markets were a major factor behind the rapid435 words
-
380 1986-08-09 2 LIM SOON NEO - By LIM SOON NEO IF RECOMMENDATIONS from a travel trade forum yesterday were implemented, a single reservation and ticketing system could emerge and fares, reflecting market demand, would be pre-planned. The consensus of the 148 participants at the forum 40 representatives from 25 airlines380 words
-
142 1986-08-09 2 National Day Parade what if it rains today? THREE CONTINGENCY plans have been drawn up for the National Day Parade at the National Stadium in the event of wet weather. If it rains today but clears by 4pm as the weather forecast indicates the Parade will pro- ceed as scheduled,142 words
-
Article, Illustration216 1986-08-09 2 DAVID MeINTOSH has been appointed regional marketing manager, small business systems, of Nixdorf's regional office in Singapore. In his new position, Mr Mcintosh will be responsible for coordinating and strengthening sales within the region. He will also assist with marketing, sales training and other strategic tasks. Mr216 words
-
373 1986-08-09 2 LEE HAN SHIH - By LEE HAN SHIH PLACATING the ghosts of ancestors and other wandering spirits is an expensive business for the Housing and Development Board. Every year HDB spends more than $100,000 to repair damage to grass patches by residents burning Joss stick and paper373 words
-
Article73 1986-08-09 2 THE HOUSING and Development Board will launch precast concrete beams for the proposed pedestrian overhead bridge in Upper Ayer Rajah Road near Clementi Avenue 2 on Tuesday. This will take place between 1 am and 5 am. During this period, part of Ayer Rajah73 words
-
-
Page 2 Advertisements
-
Advertisement10 1986-08-09 2 WORLDWIDE EXPRESS Prompt pick-up and delivery 24 hours a day10 words
-
-
ASIA-PACIFIC
-
Article, Illustration411 1986-08-09 3 AP CUTS IN the US contribution to the United Nations are illegal, according to Professor Tommy Koh, Singapore's ambassador to the US and a former envoy to the United Nations. "They are a clear violation of the UN treaty," said Prof Koh.AP - 411 words
-
Article856 1986-08-09 3 ARRIVALS Operator S«rvic« number Local time From SIA UA GIA CAL RJ SIA MAS MK MAS KAL CV MAS MAS AC CPA RBA GIA OA SIA SIA SIA THAI MAS GIA SIA SIA GIA THAI SIA SIA SIA GIA SIA SIA SIA MAS THAI CPA KLM GIA856 words
-
262 1986-08-09 3 Bernama TRADE and industry circles in Bangkok are to request the incoming government to establish a clear-cut and updated national economic policy to avert a future adverse impact on the private sector. The English-language Bangkok Post quoted informed sources as sayingBernama - 262 words
-
Article, Illustration440 1986-08-09 3 AP CHINA will provide favourable conditions for foreign investors to compensate for the chronic shortages of foreign exchange and credit, according to Chinese Premier Zhao Ziyang. Mr Zhao said China hoped to strengthen cooperation with foreign countries in the use of foreign fundsAP - 440 words
-
119 1986-08-09 3 AFP THE TRADE BALANCE in the first year of direct trade between Indonesia and China was heavily in favour of Indonesia. The acting chairman of the Indonesian Chamber of Commerce k Industry (Kadin) China committee, H M B Nawawi, told reporters on ThursdayAFP - 119 words
-
171 1986-08-09 3 AP BEIJING barters are learning that an occasional smile can be a shortcut to success. ~The official news agency Xinhua reported on Thursday that city barbers have become friendlier to their customers and are making more money under a new responsibility system that »nfcsAP - 171 words
-
506 1986-08-09 3 AFP A PASSION for sleek cars, nonchalant drivers and the fierce desert climate combine to shorten car life drastically in the Gulf, creating huge junkyards of abandoned vehicles throughout the oil-rich states. The thousands of tonnes of rusting metal, piledAFP - 506 words
-
Article, Illustration81 1986-08-09 3 A CHINESE BALEBGIRL shawlag a lacally-maaafaetared shirt which bean patter— «f white stars aad red aid white stripes as weU as the ward "happtaess" at a department stare ia Shaaghal reeeatly after the dty gsverameat lifted the haa ea its sales, lie shirt wasAP Photo - 81 words
-
430 1986-08-09 3 Reuter A KEY GOVERNMENT report due out next week concludes that Japan's trade surplus will remain substantial for some time, government sources said. Although the annual report of the Japanese economy will not explicitly call for a stronger yen, it could beReuter - 430 words
-
Article370 1986-08-09 3 Reuter JAPAN yesterday decided to boost its defences, declaring it had (ailed to keep pace with the Soviet military build-up in Asia. The Japanese Cabinet approved the 1906 White Paper on Defence which said the military had not met a 10-year-old target of becoming strongReuter - 370 words
-
Article269 1986-08-09 3 UPI THE US HOUSE of Representatives voted on Thursday to give the Philippines US$35O million in aid, including US$2OO million in ready cash, that supporters said would make or break the fledgling democracy of President Corazon Aquino. The 219-178 vote came less than a monthUPI - 269 words
-
Article88 1986-08-09 3 AP A SWISS ARCHITECT says that the Sultan of Brunei has asked him to study the feasibility of building a multi-campus Islamic university in Central Switzerland. Basel architect Karl Peter Thoenen said on Thursday construction of the US$296-million project could be completed within five years ifAP - 88 words
-
-
Page 3 Miscellaneous
-
Miscellaneous49 1986-08-09 3 Doonesbury z m *9 m i I i mm «en 9/ MOMMY THINKS MB CANY MANAGE, BUT ME'YE AU&AP/GOTTEN YOU PRESSED, 6/VEN YOU BREAKFAST/W PICKED UP KITCHEN! tA m BY GARRY TRUDEAU AND TT ONLY TOOK US... ■B 1 m 'Z ISJI r^l2 THREd HOURS* M® *> m 4 r/j|49 words
-
-
REST OF THE WORLD
-
392 1986-08-09 4 Threat to impose tighter economic curbs FT SOUTH AFRICAN Cabinet ministers and businessmen have warned that far-reaching economic curbs, including tighter import controls, and further restrictions on foreign debt repayments are likely to follow the looming imposition of sanctions against some of the country's keyFT - 392 words
-
Article161 1986-08-09 4 UPI THE EUROPEAN Community last year saw its first increase in employment since 1960, but the rise was accompanied by a growth in the number of unemployed, the statistical office said on Thursday. After four successive annual decreases between 1980 and 1984, the number ofUPI - 161 words
-
262 1986-08-09 4 Reuter ITALY may soon join Britain, West Germany and Israel as a research partner in the US "Star Wars" anti-missile defence programme. However, Reagan Administration officials said no formal agreement had been reached and they noted that Italy was still in the process ofReuter - 262 words
-
164 1986-08-09 4 NYT THE LEADERS of six nonnuclear countries called on the US and the Soviet Union to halt all nuclear testing under a verification plan that the six governments would administer. Leaders of Mexico, India, Greece, Tanzania, Sweden and Argentina said they would underwriteNYT - 164 words
-
240 1986-08-09 4 UPI PARTISANS of President Reagan rallied noisily in front of the White House on Thursday in a campaign to change the Constitution to permit him to seek another term he insists he does not want. "Four more years," chanted about 300 ReaganUPI - 240 words
-
Article55 1986-08-09 4 Reuter THE privatisation bill pushed through the French parliament in just 15 days last month has become law following its signing by President Francois Mitterrand and its publication on Thursday in the official Journal. The law sets out the terms under which 65 state-owned groups willReuter - 55 words
-
Article, Illustration364 1986-08-09 4 NYT THE NEW PRESIDENT of Colombia took the oath of office on Thursday with a pledge to give priority during his four-year term to combating poverty and ending decades of political violence. President Virgilio Barco, a 64-year-old political centrist with strong ties with theNYT - 364 words
-
302 1986-08-09 4 FT ARGENTINA'S economic stabilisation programme, the so-called Austral Plan, has suffered its heaviest setback since its launch in June 1985, with the announcement on Wednesday night of the worst monthly inflation rate figures for more than a year. In July, retail prices increasedFT - 302 words
-
146 1986-08-09 4 Reuter THE EUROPEAN Community executive commission imposed a; special duty on imports of Japanese roller-bearings on Thurs-; day, saying companies were selling them at artificially low prices in the EC. The provisional anti-dumping > duty of between 1.13 and 17.99 < per centReuter - 146 words
-
-
RAW MATERIALS
-
Article375 1986-08-09 4 RAS prices in S cents/kg, FOB in boles NOON CLOSE Buyers Sdtocs Buyers Sellers Int 1 RSS Prompt 175 50 176 50N 176 00 177 OON ln» 1 RSS S«pf 86 175.50 175.50 176 25 176 75 Int 1 RSS Oct 86 175 00 ***** 176 00375 words
-
Article110 1986-08-09 4 (ce«ts/Wg, l-»on pollets) pj g£ OCT 86 (current month) (forward month) NOON NOON HAS Buyers Sellers Buyers Sellers SSR 20 160 00 I62 00N 160 50 162 50N SSR 50 157 00 I59 00N 157 50 159 50N MRELB Buy*** Sellers Buyers Sellers $MR CV SMR I110 words
-
Article86 1986-08-09 4 Renter THE PRICE of tin en the Kuala Lam par Tin Market yesterday eased fear cents to MH4.11 per Uto dne to lack ef fresh sappert, dealers said. Trading was qnlet as the market felled to attract streng sverseas baying. Lseal and Japanese demand was limited. Disposals raseRenter - 86 words
-
Article303 1986-08-09 4 SINGAPORE THE MARKET yesterday closed slightly higher with September One RSS buyers quoted at 176.25 cents per kilo, up 0.75 cent from Thursday. The morning session ended steady after hovering narrowly on lack of interest in light trading. Prices gained ground in quiet afternoon trading on some weekend covering.303 words
-
Article219 1986-08-09 4 MALAYSIAN crude palm oil prices yesterday closed weaker but off the day's lows on pre-weekend covering, after early sentiment was dampened by continued weakness in Chicago soyoil futures, dealers said. India's purchase of only one cargo of RBD palm olein while rejecting all other vegetable oil offers at219 words
-
Article204 1986-08-09 4 Reuter WHEAT FUTURES on Thursday closed mostly higher after a quiet session on the Chicago Board of Trade, ranging unchanged to one US cent a bushel higher except for a 1-1/2 cent loss in May. Prices showed technical strength by persistently rebounding on dips in recent sessions, they said.Reuter - 204 words
-
Article65 1986-08-09 4 Bangkok Broken Rice 130 127 (US$/tome, FOB) A-l Super A-l Special White Rice C-l Speciol C-l Ord unq unq 100% 1st class 100% 2nd class 230 Loonzain Rice 100% 3rd class 225 100% 1st grade 100% 2nd grade 225 5% 215 100% 3rd grade unq 10% 210 15% 20565 words
-
Article103 1986-08-09 4 OIL PRODUCTS THERE are still August availabilities of Cinta, Walio and particularly of Minas reported but buyer/seller spreads at least a dollar apart and no deals were reported. The Far East products market was dull with no confirmed deals but price talk fluctuating above Thursday's levels. Closing prices for crude103 words
-
Article616 1986-08-09 4 Reuter COFFEE ROBUSTA coffee futures on Thursday closed firm mainly on technical considerations in the absence of fresh news, with contracts ending up £32 to £20 a tonne. Near November settled at £1,760 against Wednesday's close of £1,728 and in a high-low of £1,768/1,715. Volume was 4,228 lots,Reuter - 616 words
-
Article145 1986-08-09 4 Chinos* Produce Robusta 20/25% Exchtngt FOB NSW Sellers' noon closing prices on Nlltmeg A»g 8 (SS/100 kg). 0 Foe nsw 355.00 Coconut Oil BWPFOBNSW 1256 00. Bulk FOB 43.00 Gambier CHd drum FOB 56 00 330 00* New drum FOB 60.00 FOB NSW 330 00 Copra London Commodity145 words
-
Article213 1986-08-09 4 SOYBEAN FUTURES on Thursday turned lower and finished at or near contract lows in all but the August contract. Prices fell one to eight cents a bushel on the Chicago Board of Trade. The setback was triggered by weakness in soyoil, which again fell to new life-of-contract lows, and213 words
-
-
BANKING AND FINANCE
-
275 1986-08-09 5 Reuter AUSTRALIAN BANKS and financial institutions see major omrfUhs for growth in the US, New Zealand and Britain over the next five years, according to a survey of chief executives by management consultants Egon Zehnder International SA. To a lesser extent, they foresaw expansionReuter - 275 words
-
94 1986-08-09 5 Reuter INTERNATIONAL CURRENCY fluctuations over the next two years could pose problems for Australia's ability to capitalise on the earlier depreciation of its currency, according to the Economic Focus monthly. The competitiveness of a number of other countries would also be improving, the National InstituteReuter - 94 words
-
626 1986-08-09 5 ALVIN TAY - By ALVIN TAY A FURTHER streamlining of its Singapore operations is being carried out by Citibank, with major changes now being implemented in its consumer flnsnre and corporate bsnking departTtae bank called in management consultants Lobue Associates of California to study the operational systems of its626 words
-
144 1986-08-09 5 FIVE SINGAPORE-BASED baaks have extended an Asian dollar loan of 10 mfflkm Swiss Cranes (about SH3 million) to a Thai company, Archer Textile. Hie syndicated loan is arranged by Hill Samuel Merchant Bank Asia, a Singapore-registered company. Ifill Bs—d is also144 words
-
324 1986-08-09 5 Reuter JAPANESE BANKS sre likely to follow the world's number three, Sumitomo, in moving into the US securities market so as not to be left behind in the scramble lor global reach, banking analysts sakl. Goldman Sachs, one of Wall Street's premierReuter - 324 words
-
234 1986-08-09 5 AFP A CONSORTIUM of US, European and Japanese banks wQI extend an emergency loaa, tn* ailing US$3OO tO Ecuador, according to a Japanese The Nlboa Keini Shimbun, without citing aay specific sources, said yesterday that the consortium, led by France's Paribas Bank, was likely toAFP - 234 words
-
-
MONEY AND EXCHANGES
-
Article559 1986-08-09 5 Reuter SMQAPORE THE US dollar yesterday closed firmer against most major currencies in thin late tradbw but weakened against sterling. Dealers said some fresh dollar buying against the mark by Middle East banks in the afternoon pushed the <wir to close at a high of 2.0?80/?0 marks againstReuter - 559 words
-
Article45 1986-08-09 5 RESULTS OF TENDER held on Aug 8 for 91-day bills to be issued from Aug 11 to Aug 15: OOeeed: $70,000,000 Applied far: $321,000,000 Allotted: $70,000,000 Accepted bids: $99.48 approximately 66 per cent, higher bids in full. allstaMrt: 2.055 per cent per annum.45 words
-
Article258 1986-08-09 5 Interbank rates at 3pm yesterday: loco! dollars to 0110 Mil of focot^o corroocy: ■M Otter er US dolor Sterling pound Auitraton dolor NZ dolor Canodkm dolor 2.1700 3.1942 1.3215 1.1034 1 5707 2.1710 3.1978 1 3243 1.1072 1 5726 2.8196 ***** ***** 3 4286 ***** -23 04 -56258 words
-
Article406 1986-08-09 5 BA Futures SEPTEMBER EaraMbr yesterday opened higher than Thursday's dose at 9&58 following the result of the final leg of the US Treasury auction. The market reacted bullishly on the results with prices edging to 93.59 in the September contract but profit-taking activities limited further gains in active trading.BA Futures - 406 words
-
Article223 1986-08-09 5 Reuter HONOKONa GOLD yesterday closed lower in fairly active trading, on local prof-it-taking, dealers said. It closed at U*****.40/80 an ounce compared with New York's 312.25/75 and the 381.20/00 finish here on Thursday. On the local market, gold rose HKJ2 to end at HKf3,334 a taeL The Krugerrand wasReuter - 223 words
-
Article64 1986-08-09 5 THE OVERNIGHT rate on the Singapore interbank money market closed at ♦-1/2 per cent yesterday, up 1/16 point from Thursday's close. The term rates remained unchanged across the board. S$ Interbank rotes at 7pm yesterday: OH«r M r*ght 4 1/2 4 3/8 I -month 4 3/8 4 1/464 words
-
Article, Illustration257 1986-08-09 5 Asian market ASIAN DOLLAR deposit rates yesterday closed unchanged at the morning's steady levels in quiet preweekend trading. Short-dates ended at a common 6-1/2 $-3/8 per cent for weekend, Monday/Tuesday and week fixed. Asian dollar CD rates closed unchanged at the opening levels of a flat 8.45/35 per cent for257 words
-
-
Page 5 Advertisements
-
Advertisement299 1986-08-09 5 OVERSEA-CHINESE BANKING CORPORATION LIMITED (Incorporated in the Republic of Singapore) The Directors are pleased to announce the following:— 1985 %lncr/(Decr) The Bank STOOOs The Ofoup tt'OOOt The Bank SS'OOOs The Group SS'OOOs The Bank The Group UNAUDITED RESULTS FOR THE SIX MONTHS ENDED 30 JUNE 1986 Net profit for the299 words
-
-
TIME-OFF
-
Article521 1986-08-09 6 A FUNNY THING happened on the meticulously planned way towards thfa» evening's national birthday party. A long, concerned letter from a BT reader (BT Aug 4) turned up to question the fremied preparations behind the "centrally organised celebrations package". This Aug 9 will see "a lot of521 words
-
Article, Illustration533 1986-08-09 6 JAIME LYE - By JAIME LYE WELCOME to the macho world of Top Gun, where real men really don't eat quiche. No. Theirs is a world of metal claustrophobia, inhabited by a su-per-breed of residents who spout lingo comprising every word between F-14 and TA-4 that is not533 words
-
Article245 1986-08-09 6 A STAB at spine-chilling drama is being taken by the Hilton-Brit-ish Airways Playhouse this month. Rather than the usual coffee or tea followed by petit-fours and one of producer Derek Nimmo's comedies on a platter, the Hilton is attempting a departure with Wait Until245 words
-
Article292 1986-08-09 6 THIS COLUMN ran a story about the Nescafe Jingle over television recently. It has since been pointed out that Brazilians speak Portuguese, which may explain why a knowledge of Spanish was not too helpful in understanding the lyrics. To complicate matters further, one reader claimed that292 words
-
Article, Illustration195 1986-08-09 6 TWO MULTI-SLIDE BHOWB form ths fifth and sixth parts in the ssriss, "Our Historical Sitos", sponsored by Sholl ComoanlM of Shtaaoort. Ths ssriss documonts ths history snd dsvsiopmsnt of historicol sitos in Singapore. AWJUMM naUl In# two snows win do nova on wsonssosy si pssiionsi195 words
-
Article1045 1986-08-09 6 What's on from Aug 9-15 HhhH CARMVAL: National Dsy Carnival. East Coast Park. 9sm-10pm. This camivai, which is being held for the first time this year as part of the National Day celebrations, will include a wide range of entertainment ike Chinese operas, sttft-waflung, XinYoo concert, martial arts demonstrations,1,045 words
-
Article, Illustration466 1986-08-09 6 Mike Thumba - Mike Thumba A CARDINAL principle of contract, in duplicate as well as rubber, bridge is that it's a game of partnership and communication. And the main aim of any partnership is to share the information on each other's strength and weaknesses by their bidding in order to reach the466 words
-
-
Page 6 Miscellaneous
-
Miscellaneous16 1986-08-09 6 GOOD HepyeNS !—U>HF\T UPvVC N/Ou B€£M UP To ue MPO LUHCH AT Tne 6p\R-B-Qomrue R00f... v16 words
-
-
SPORTS
-
Article579 1986-08-09 7 BRIAN MILLER - American-breds two best bets By BRIAN MILLER RECENTLY, the success rate of American-bred horses on the local turf has been nothing short of Impressive. Of the 60-odd horses racing here, almost all have won at least a race and a few have even gone up to take classics. Several American-breds579 words
-
170 1986-08-09 7 AFP THE City of Edinburgh has sued the financial organisers of the Commonwealth Games for £700,000 (USH million) and frozen their bank assets. The city, host to the international sporting event that ended on August 2, said in a statement on Thursday that the actionAFP - 170 words
-
353 1986-08-09 7 WALTON MORAIS - By WALTON MORAIS THE MARUMAN Classic golf championship, last played in Singapore in 1983, returns to the Republic this year. The Singapore Professional Golfers' Association announced yesterday that the $18,000 Classic is one of two tournaments it has lined up later this year.353 words
-
500 1986-08-09 7 UPI ITS the poorest and least known of the four Australian syndicates challenging for the right to defend the America's Cup in 1967. And its boat is named after a meat pie. While past American defenders have borne such noble namesUPI - 500 words
-
760 1986-08-09 7 NYT EIGHTEEN DAYS after winning the British Open, (keg Norman set out after his second major victory with an Inverness Chib Course record of six-un-der 65 on Thursday in the opening round of the 68th American PGA championship in Ohio. The 31-year-old AustralianNYT - 760 words
-
Article405 1986-08-09 7 i U)l£oon v Ultra. It'll change the way you play COLLATED scores after the first round of the US PGA championship on Thursday (players US unless stated): 66 Greg Norman (Australia) 34-21; 67 Phil Blackmar 33-34; Craig Stadler 33-34 66 Wayne Grady (Australia) 36-32; Gary Koch 32-36;405 words
-
-
Page 7 Miscellaneous
-
Miscellaneous1416 1986-08-09 7 SATURDAY MIGHT MOVIE 11-20pm, Channel 5 Based on Alistair McLean's estse,ler this mystery drama focuses on a group of scientists who go on expedition to Bear Island, in Arctic Circle, to determine the implications of the world's changing T t jjbAJ climate Each member, however, has an ulterior motive for1,416 words
-
Miscellaneous757 1986-08-09 7 CRYPTIC PUZZLE ACROSS 8 On behalf of a minor member of the team (7) 9 An ideo of one'* own about animals? (3, 6) 13 Aim to get in trim for (5) 14 The foreigner held one bock from the bottles (5) 15 Contemptible dope (3-4) 16 Soft and warm,757 words
-
-
INTERNATIONAL STOCKS
-
Article242 1986-08-09 8 FT ROYAL DUTCH-SHELL, the Anglo-Dutch oil group, has reported unexpectedly strong second quarter results, showing a modest 16 per cent decline in net income to £545 million in spite of the steep fall in crude oil price and currency losses of £126 million caused byFT - 242 words
-
140 1986-08-09 8 Reuter McDONALD's Corp shares rose on the New York Stock Exchange after a recommendation by Smith Barney to buy the stock, but other analysts said the underlying fast-food sector was weak and the sluggish economy did not augur well for the company. "IReuter - 140 words
-
Article91 1986-08-09 8 Reuter AN ADMINISTRATIVE law judge has recommended that the Department of Transportation approve the proposed merger between Trans World Airlines (TWA) and Ozark Holdings's Ozark Air Lines without conditions. A department spokesman said administrative law judge John Vittone ruled that the proposed merger would not substantiallyReuter - 91 words
-
321 1986-08-09 8 Reuter WALL STREET stocks finished on Thursday with a modest gain after a mid-day rally ran out of steam. "The market was essentially a victim of profit-taking late in the session," said Jack Conlon of E F Hutton Co. The market started stronger, hesitated,Reuter - 321 words
-
Article147 1986-08-09 8 AUG 07 a HudMn Boy Mtr hp 08 a A 16* AbMbi 22 st 39* Alcon 41 1 lu M 17 14 15* K«rr Addton 14* 12* Bank Of Mmlaui ft" Canada 31* 3$ inch Me BkxW 36* 27* 28 -2* Moor* Cp 34* inch Bmcan a A Canadtan147 words
-
Article261 1986-08-09 8 AUG 07 bd Tangoat 745 •5 Tnmt 8k 124 •2 MOUSTRIAU Uh Staai 50 inch Woatmi 1235 inch A Afeha 1125 Abvcotn 260 inch m MNGS Aod 1360 unch Amaprop AAMC 400 4925 to 25 An0o* Angvod 5200 ***** -50 inch 1840 unch 2160 35 C G Smith 2800261 words
-
Article659 1986-08-09 8 MM 07 uss i Ruor Cp 12* Movistor 6* Alcan Mum 29* FMC <U> Ford Motor 17* 54* ind< NCR Cotp IIII Mownonf Mnf 30* 50* 1* 1* Alcoa 34 Mport Manor H FroiMuf Cp 17* 1 76* ABof M AM 14* 40* 49 47* Ohio Edbon 20659 words
-
Article726 1986-08-09 8 Amsterdam AUG 07 A8N Fk 020.50 +1.5 Atgn AhoW 104 30 1.3 93 40 -0J Afcjo 15*00 14 PI Hi 151.70 +OI 70.40 +1.1 110.00 1-0 124.00 -1.5 37.50 iMh Bonuml 110.00 »»Kh mtmmm T< C+- BHMW •rtaroda ***** -2.5 688 00 +3 217.50 IJ Fgh 4900 -0.2726 words
-
-
Page 8 Advertisements
-
Advertisement137 1986-08-09 8 «a Wim* ia wlae, f Sundays at Cafe Vienna are much anticipated by mums! 4 *< 8 4 1 i V I, 4/ s i »*vCC 1 v Laying down her apron, mum and the whole family can tuck into a sumptuous buffet lunch of more dun 17 selections. Plus137 words
-
Advertisement80 1986-08-09 8 MAGICALLY HYATT I+l*l 1 1 1!?! When guests order any beverage, standard or premium, at selected outlets*, they will get a second drink, all for the price of one! It's a magic formula applicable daily at Scott's The Lounge Chinoiserie (Members and hotel guests only) 5.00 PM 7.30 PM 6.3080 words
-
Advertisement39 1986-08-09 8 H m a 4 V m V 9RMM p** E V iJTCUi/.'a ■spywa' siauj UUL!*' •">- Jr jS. v wtih* fig*"'* If Ivi'- «IWH»P •>*- 4§3? Jtk:» -*SSWft,» I v <s« -r A.'*-;.- ;*> S3 1 .x *!V I bSft' -+zLT*%*>A s*39 words
-
Advertisement30 1986-08-09 8 hkr.tUM (AM) V ***** (CkH) Ist- IStfl AUGUST 1986 "KfSSff* at 8.15 p«" «vvt:^' ft <7) m'NO-Q yy f«■ T irsi'r;,i'i"i!s pit- is< ,t!l I. i; i f 1. Kings30 words
-
Advertisement91 1986-08-09 8 pgrwi7k\riVM\\W'A f m r Continuing (he Pnncr HotH« tradition of friendly «nrw 270 Orchard Read, Sin apport 0R23 HCROWN CaMr CROWNHOTEL Tdrc: RS ***** HCROWN CaMr CROWNHOTEL Fax *****V8 Tri: *****11 HOUSE 6am 2am Daily NATIONAL DAY FAMILY BUFFET Enjoy a sumptuous buffet spread of your favourite local dtohee on91 words
-
-
ASIAN STOCKS
-
Article352 1986-08-09 9 HONGKONG: Share prices closed firmer in hectic trading yesterday as strong buying interest from overseas institutions and local investors pushed the Hang Seng Index to a new high. It rose 11.11 to 1,931.29 while the broader-based Hongkong Index firmed 7.79 to a record 1,204.50. Turnover was HK5769.90 million against352 words
-
Article203 1986-08-09 9 AUG OS MT$ 1 88 -0.07 Kuochan Dm Lm Chang Yuan 21.00 27 80 +0.1 1.3 Alio Camarit 23 20 30.10 -0.1 0 1 Lion Hwa Indus Nan Yo Plas 1075 35.20 unch •0.1 Chang rt»o Bank 41 20 23 60 0.1 +0.5 Nat bivaslmant 352.20 5.2 22.60 -0.1203 words
-
Article335 1986-08-09 9 TOKYO: Prices closed slightly higher yesterday on buying aimed at domestic-oriented shares. The market average rose 13.17 yen to 17,435.53. The average rose 68.88 on Thursday. Turnover was a relatively light 720 million shares compared with 900 million on Thursday. The Tokyo Stock Exchange Index improved 0.12 to 1,426.54335 words
-
Article66 1986-08-09 9 AUG Ot Jsesr! Apax Mining B Nn* OrianM B PM Ovanao* PMax B 0.014 -0.003 0015 -0002 0 2350 unch 0.012 -***** 10 -4 Ptcop B PLOT 171 •♦•3 ***** unch Son Migual B 68 50 mti Banauat Con. B Fwtt Phi HMgi 72 -3 4.20 -0.3 0.1 ISO66 words
-
Article433 1986-08-09 9 SYDNEY: Australian share markets yesterday closed firmer in brisk trading, buoyed by further heavy demand for leading gold stocks because of a weaker Australian dollar and firmer international bullion prices. At the close of trading, the All Ordinaries Index had risen 2.6 to 1.153.1, the All Industrials 3.0 to433 words
-
Article86 1986-08-09 9 AUG 08 WM Kangwon Ind 1170 20 52 41 20 55 Owl Sugar Duafcn bd 1990 590 1569 -10 15 70 Kotoo hd Kona Long Tarni Lucky Lid 2280 1550 1650 Do#woo H#ovy 1490 870 45 20 Onarwal Bra wary Poahc O»™ol 1510 1310 inch 29 1610 -30 120586 words
-
Article130 1986-08-09 9 Reuter BANGKOK: The Securities Exchange of Thailand Index yesterday improved 0.17 to 141.32. Turnover amounted to 294,254 shares valued at 56.0 million baht. AUG 08 Ao Kham Th® MM Sown C*m*n» SMm On** Stam Gta«n» 577 ■tap -4 AM Ffcr* AyudhfS bvnliiwN Agro-fcxl n oot oorm Bar* 0* AmtfMReuter - 130 words
-
Article57 1986-08-09 9 Reuter REMY MARTIN will disclose today the terms of a purchase offer it intends to put to minority shareholders of its 72 per cent-owned Hongkong subsidiary Remy Martin (Far East). The latter's shares, suspended on the HK Stock Exchange on Wednesday, have been halved overReuter - 57 words
-
311 1986-08-09 9 AP A MAJOR Japanese car parts supplier, Nippon Seiki Co Ltd, plans to join its Japanese rivals in setting up shop in America, with a plant in Sabina, Ohio, beginning in 1967. Nippon Seiki, a supplier to Honda Motor Co, will ownAP - 311 words
-
192 1986-08-09 9 Reuter THE CHIEF EXECUTIVE of Rothschild Australia Asset Management Ltd, Mr Peter Griffin, expects continuing support for the Australian stock market in spite of concerns about the strength of the Australian economy. Rothschild believes the market will be supported by institutional liquidity, dividendReuter - 192 words
-
145 1986-08-09 9 Reuter SANYO ELECTRIC Co will transfer over the next four years about 70 per cent of the Sanyo group's production of semiconductors, gen-eral-purpose integrated circuits, ICs, and transistors to Far East subsidiaries outside Japan, aReuter - 145 words
-
198 1986-08-09 9 UPI HYUNDAI MOTOR America V,. which imports the South Koreanbuilt Excel, says its car Is safe despite poor resuhs in a 56-kph barrier government crash test. Hyundai said on Wednesday that the 56-kph test recently coo-? ducted by the US National Highway TrafficUPI - 198 words
-
-
Page 9 Advertisements
-
Advertisement558 1986-08-09 9 Wbere is wiae, Sine aai entertain r< Sis //:£> T^SL'\ LOUNGE STEAK HOUSE Level 5 [W t> Relax over the finest drinks Savour the most tender juicy succulent steaks Enjoy stunning performances by top local international artistes Business Hours Mon Thur: 12pm to lam Fri, Sat Eve of Public Hobdays:558 words
-
Advertisement130 1986-08-09 9 2 TOP BANDS nightly Vmo*Popu*' S ShowWdhw s HOT DISCO COUNTRY SENTIMENTAL POP ROCK• and you name it 11 i Singapore's very own Slim Whitnam with country favourites and oldies. Happy Hour*: 5-7pm Buy one get one free (except premium brands) CAIRNHILL HOTEL 19 Cairnhill Circle, S pore 0922. Tel:130 words
-
-
SHARE INFORMATION
-
Article, Illustration4075 1986-08-09 10 PRICES OF favourite local blue chips and CPF-re-lated trustee stocks continued to rise on the local exchange yesterday in moderate trading, ahead of a positive National Day speech by Prime Minister Lee Kuan Yew last night But a minor sell-off, particularly4,075 words
-
Article221 1986-08-09 10 SINGAPORE ?«tar Duff tkd S t H FAN Matt* HU YHS DBS 1 c s S>in Um Koti Mi S«Y». Rises *1.50 300 1490 SIO 820 7S5 p. 320 260 720 MO 1 402 SO* 254 149 211 Falls MM >110 T Ciipimi 40 ITMcm 1 20221 words
-
Article3374 1986-08-09 10 BID and offer price» officially listed and business in and reparted to the Stock Exchange of Singapore yesterday with' the number of shares traded shown in brackets in lots of 1,000 units unless uthei wise specified. AD Time Settlement Contracts are quoted after the word3,374 words
-
-
COMPANY NEWS
-
564 1986-08-09 11 HOMER CHEN - By HOMER CHEN PURPORTED NEGOTIATIONS for an undisclosed party to inject funds into Pan-Electric Industries have resulted in an adjournment for the hearing of the petition to wind up the company. The hearing will be held on Sep 1 or later, much to the fury564 words
-
Article, Illustration551 1986-08-09 11 NST DATUK Abdullah Mohamed said yesterday he resigned from the board of Supreme Corporation Bhd at the request of managing director Tan Koon Swan. He did not see any reason for staying on since the proposal by him and his business associate, Datuk Mak Kok,NST - 551 words
-
Article489 1986-08-09 11 SHARE PRICES tumbled acres the board on the Kuala Lumpur stock market yesterday as sellers moved in after the first half hour of trading. Brokers said investors caught wind of the suspension of more than 20 cooperatives in the country. This was because Bank489 words
-
Article824 1986-08-09 11 COVERING of defensive short positions after the sharp declines over the past two sessions helped lift equity prices in early business yesterday. At 0840 GMT, the FTSE 100 Index was up 4.6 to 1,534.5. The index closed at 1,529.9 on Thursday. One broker said: "What we're seeing is824 words
-
612 1986-08-09 11 RAMESH CHANDIRAMANI - Difficult business conditions blamed By RAMESH CHANDIRAMANI SLUGGISH business conditions and the problems of loan losses have continued to dampen profitability at Oversea-Chinese Banking Corporation and United Overseas Bank. The banks, which were the first two among Singapore's Big Four banks to release612 words
-
Article156 1986-08-09 11 WANNIAN HOLDINGS's subsidiary, Furama Hotels Investment (S) Pte Ltd, is facing a wind-ing-up action from Mitsubishi Bank. The bank claims that Furama Hotels Investment owes them about $250,759.17 and filed the petition yesterday. Mitsubishi replaced another creditor, Decoideas Pte Ltd, as the petitioner. Decoideas withdrew its156 words
-
170 1986-08-09 11 A DIRECTOR OF stockbroking firm Alfa-Pacific Securities, Francis Chu, yesterday pleaded guilty in a court to three charges of breaching the Companies Act and one offence under the Securities Industry Regulations 1974. He was fined $15,600. In the first charge, Mr170 words
-
Article2392 1986-08-09 11 MDUSTWALS Acmo xd Ajmo«noto (3065) xd Alcorn (678 695) (9) 69 (2) 67 AIS® (598 60S) (11)60 (2) 59 AW (7IB) (12) 74 (6) 75 (22) 73 (23)72(13)70(6)71 ASM (1106 112S) (27) 113 (15) 114 (15) 112 (7) 111 (4) 110 Antofc (2726 2735) (31)2,392 words
-
Article117 1986-08-09 11 HONGKONG Hongkong Index Friday 1204 50 Thursday 1196.71 Week ago 1169.28 Hang Seng Index Friday *****9* Thursday 1920 18 Week ago 1874.11 All Industrials Friday 1823.2 Thursday 1820 2 Week ago 1786.3 NEW YORK Dow Jones Thursday 1786.28 Wednesday 1779.53 Week ago 1775.31 TOKYO Nikkei Averoge Friday *****117 words
-
Article287 1986-08-09 11 Monogerj' prices MARA-Bumiputra for Aug 11 First B'putra 4 50 4 55 Singapore Unit Trust Second B'putra Third B'putra 4 23 4 28 3 25 3 30 The Commerce 0 83 0 89 Fourth B'putra 3 65 3 70 The Savings Fund 0 74 0 80 Fifth B'putra287 words
-
-
Page 11 Advertisements
-
Advertisement239 1986-08-09 11 NOTICES raw THE COMPANIES ACT, CAP. IK AND ■TTmß| EuS3Z3EZ3 1 *Vi'J PURSU ANT TO SECTION a»dKfc)] At an Extraordinary General Meeting of the members of SPERN INTERNATIONAL PTE LTD duly convened and held at #10-02, International Plaza, 10 Anson Road Singapore 0207 on the 9 August 1966 the Special239 words
-
-
513 1986-08-09 12 of sappm 2nd Qtr '86 A BIG SWING in the performance by Singapore's manufacturers made them the main force in Singapore's economy in the second quarter of this year. After the first quarter's dismal 7.4 per cent decline, the sector recorded a respectable growth of513 words
-
354 1986-08-09 12 INDUSTRIALISTS are more optimistic than traders and financiers about the business outlook for the second half of this year. But even traders, who have been depressed for some time, are beginning to anticipate better things to come. This improved sentiment is reflected in354 words
-
Article748 1986-08-09 12 LOCAL trustee stocks once again occupied the centre court this week as investors were further encouraged by improving prospects for economic and corporate recovery. Of the top five most active counters during the week, three were trustee stocks. Haw Par was the volume leader, chalking748 words
-
Article, Illustration428 1986-08-09 12 JEFFREY TSANG - By JEFFREY TSANG THE GOVERNMENT is planning various upgrading programmes which would generate Jobs and employment opportunities for contractors, said the Minister for National Development Mr Teh Cheang Wan yesterday. But Mr Teh, who was speaking at the Nanyang Technological Institute Student's Union ball428 words
-
528 1986-08-09 12 LOCAL interests accounted for about one-quarter of the $591 million invested in Singapore in the first half of the year indicating a revival of confidence among domestic businesses. The local input of $145 million was higher than that recorded during the two528 words
-
LATE FILE
-
51 1986-08-09 12 Bernama PRIME MINISTER Gen Prem Tinsulanonda yesterday confirmed that Thailand's new government will be a four-party coalition. However, conflict between two of the four partners over control of key ministries may further delay formation of the 44-member Cabinet, expected to be announced next week.Bernama - 51 words
-
Article44 1986-08-09 12 UPI THE US Securities and Exchange Commission has named a former Lazard Freres Co analyst, Marcel Katz, his father, grandfather and a broker in a U512.11 million insider trading scheme involving the General Electric Co takeover of RCA Corp. UPIUPI - 44 words
-
Article36 1986-08-09 12 Reuter ISRAELI Foreign Minister Yitzhak Shamir opposes a full-scale Middle East peace conference but would accept a meeting for endorsing results of direct Arab-Israeli talks, a ministry spokesman said yesterday. ReuterReuter - 36 words
-
Article26 1986-08-09 12 UPI GARY KASPAROV has postponed yesterday's scheduled sixth match in his World Chess Championship battle with Anatoly Karpov till Monday. UPIUPI - 26 words
-
-
375 1986-08-09 12 THE NUMBER of jobless would fall If workers accepted retraining and lower wages, said the Ministry of Trade and Industry. It said market rigidities and binding agreements in wage contracts were keeping labour costs too high for employers375 words
-
188 1986-08-09 12 PEOPLE'S PARK KATONG DEVELOPMENT Pte Ltd, one of the companies owned by developer Ho Kok Cheong and which was ordered by the High Court in April to be wound up, has taken out winding-up petitions against seven other companies. Petitions for the winding-up of Beauty188 words
-
86 1986-08-09 12 THE EUROPEAN Community has agreed on clothing and textile import quotas with South Korea. Jean-Pierre Leng, the Community's negotiator for the Mul-ti-Fibre Agreement, however, did not give details of the accord yesterday. Sources at the EC's executive commission said it was aimed86 words
-
Article63 1986-08-09 12 Reuter FIFTY YEARS after winning the 1936 Olympic marathon in Berlin, 74-year-old South Korean Kee Chung Sohn is to receive his prize a Greek warrior's helmet that is 2,000 years old. The helmet had been promised to the winner of the marathon by an Athens newspaper whoseReuter - 63 words
-
Article73 1986-08-09 12 Reuter ZIMBABWE will implement a package of Commonwealth sanctions against South Africa to the full and retaliate against any economic reprisals by Pretoria. Prime Minister Robert Mugabe yesterday described the two countries as in a state of economic war. Meanwhile, Zambia, also outspoken in its support forReuter - 73 words
-
Article95 1986-08-09 12 Reuter COMEX GOLD futures traded briefly at new highs for the year yesterday on early buying spurred by a swift rally in London gold. Spot metal soared US$7.9O at U*****.50 an ounce, a new 1986 high before profit-taking and dealer selling emerged. Silver futures rose toReuter - 95 words
-
Article60 1986-08-09 12 Reuter WALL STREET stocks turned mixed midmorning yesterday with the Dow Industrial Average lower but the broader market continuing on the upside. Stronger bonds were providing some support for the overall market; and the Dow Jones Industrial Average was off one point to 1785. Advances led declinesReuter - 60 words
-
Page 12 Advertisements
-
Advertisement5 1986-08-09 12 South Africa's warning, Paga 45 words
-
-
Page 12 Miscellaneous
-
Miscellaneous45 1986-08-09 12 u« Foir. Re; >ort for 24 hours prior to 7.30pm on Aug 8 of the airport: Maximum temperature 33.2 Associated humidity 50 Minimum temperoture 25.5 Associated humidity 93 Hours of sunshine 6.75 Rainfall in millimetres Nil Rainfoll this month 23.5 Rainy days this month 345 words
-