The Business Times, 4 April 1987
1987-04-04
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The Business Times
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Title Section13 1987-04-04 1 BUSINESS TIMES M.C. (P) No. 112/12/86 Weekend Edition, April 4-5, 1987 75 CENTS13 words
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Article, Illustration192 1987-04-04 1 Exchange rates THE S$ rose to S$2.1360/70 ($2.1*400/10) against the US$ in the forex market yesterday. It fell to $3.4293/4330 ($3.4079/4116) against The local unit also fell against DM and yen, but remained at around previous day's levels against M$ and HK$. US$: 146.20/30 yon, 1.8155/65 DM,192 words
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351 1987-04-04 1 LUCY NG - By LUCY NG SHEARSON LEHMAN Brothers has ceased to be the financial adviser to the Khoo Teck Puat empire, three months after it was called in to help Mr Khoo sort out his financial problems with the National Bank of Brunei (NBB). The351 words
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Article, Illustration236 1987-04-04 1 SHARE PRICES on the Singapore stockmarket continued to rise in quiet trading yesterday with buying interest in selective stocks. Talk of a huge pension fund moving in triggered off buying interest but most investors preferred to stay on the sidelines. In spite of236 words
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599 1987-04-04 1 JEFFREY TSANG - Far-reaching implications for local electronics industry ■■i MB HB By JEFFREY TSANG THE COMPUTER industry is in for a shake-out with the worldwide launch of a new range of personal computers from International Business Machines yesterday. Comprising four computers in eight configurations,599 words
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102 1987-04-04 1 Bernama INDONESIA'S non-oil exports last year increased by 8.7 per cent to U556,505 million from U555,983 million in 1985. According to the latest report from Bank Indonesia, export earnings from rubber, Indonesia's second largest export earner after oil and gas in terms of value, declinedBernama - 102 words
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453 1987-04-04 1 LIM SOON NEO - By LIM SOON NEO SINGAPORE AIRLINES is embarking on a worldwide programme to improve its ground services. "If we succeed, we will be unbeatable to the end of the century,'' SIA managing director Dr Cheong Choong Kong told staff at453 words
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Page 1 Advertisements
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Advertisement215 1987-04-04 1 Nikon THE WORLD'S FINEST PHOTOGRAPHIC SYSTEM INSIDE OUR VIEW THOSE WHO DOUBT the Press's credibility should look at something which would prove them wrong: April Fool's Day stories. Every year on that day, the strangest news can be fed to the unsuspecting reader, and he believes it all. This trust,215 words
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Advertisement12 1987-04-04 1 Full report, Page 14 Asian Stocks, Paga 7 Int'l Stocks, Paga 612 words
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Advertisement43 1987-04-04 1 US-Japan trade dispute 6. the H-bomb ol the trade policy. It ought to be dropped by the president a of the United States and by no one else US Trade Representative Clayton Yeutter Full story on Page 3, Other reports on Back Page43 words
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Advertisement454 1987-04-04 1 Nikon THE WORLD'S FINEST PHOTOGRAPHIC SYSTEM v* 5* Flawed and beautiful Page 9 I Personal Trtvti Men should be seen and not heard Page 9 Faotf Hamming it up Page 10 Claim A tongue-in-cheek look at racism Page 10 Waakaai TV TV programmes Page 10 Slapstick, horror and mystery Page454 words
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HOME NEWS
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545 1987-04-04 2 CHUANG PECK MING - Priority allocation and more liberal resale rules By CHUANG PECK MING HOUSING incentives in support of the government's new population policy were disclosed yesterday by the Housing and Development Board. HDB will provide priority allocation and liberalise resale conditions for families to upgrade their545 words
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Article, Illustration413 1987-04-04 2 ANNA TEO - By ANNA TEO FANCY SWAPPING your four-wheeled Rolls Royce for one that rides the waves? For people eyeing a million dollar Swan yacht the Rolls Royce of the seas but finding themselves somewhat short of cash, Swan Marine Singapore Pte413 words
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Article, Illustration343 1987-04-04 2 MR ANG BOON CHONG, the man behind Archive Singapore, has been appointed to a top corporate post with the US parent company Archive Corporation. The 43-year-old managing director was made Archive's vice-president of Far East Operations last month. Mr Ang, who still retains his position as MD,343 words
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281 1987-04-04 2 THE FUTURE for Singapore's garment industry is bright, said Second Deputy Prime Minister Ong Teng Cheong during a visit to the Great Malaysia Textile Manufacturing (GMT) factory yesterday. Garment manufacturers have generally been grouped together with textile factories as a sunset industry, but281 words
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Article416 1987-04-04 2 DOWTY AVIATION Services Pte Ltd has embarked on a $20 million expansion programme that is expected to raise the company's turnover by four times this year. The wholly-owned subsidiary of Dowty Group PLC. a major aerospace and high-tech manufacturer of aircraft components, said $15 million416 words
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Article480 1987-04-04 2 SIX YEARS after International Business Machines first plunged into the personal computer market and three years after speculation first began about a replacement machine. IBM has finally unveiled its new generation of PCs. The advent of the new IBM Personal System/2 brings no good news480 words
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311 1987-04-04 2 QCCs, or quality control circles, are more than a productivity buzzword for staff of the Mobil oil company it is going to translate into additional dollars in pay packets. A QCC programme started last year in two departments has already produced gross savings of311 words
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112 1987-04-04 2 RESEARCH and development in construction technology will be the theme of a half-day seminar on April 10 to be held by the Construction Industry Development Board and Science Council of Singapore. This is the first attempt to link up research expertise of the National University of112 words
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Article988 1987-04-04 2 AT CONVENTIONAL WHARVES Johon M4B 04.04/1700 05.04/1000 Mutio Hayu M2A 04.04/0000 04.04/2300 VmmI Berth Arrival Departure Wijaya <usuma M1B 04 04/0000 04.04/2300 KEPPEL WHARVES SEMBAWANG Bergen Arrow K10 alongside 06.04/1700 Cadmus S3 alongside 06.04/2300 Del Remedios <20 alongside 0604/0600 Oover Trust S2 alongside 0504/0700 Jumpa <33 alongside988 words
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Page 2 Advertisements
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Advertisement10 1987-04-04 2 WORLDWIDE EXPRESS Prompt pick-up and delivery 24 hours a day10 words
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OVERSEAS
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Article, Illustration704 1987-04-04 3 Reuter THE BRITISH Chancellor of the Exchequer Nigel Lawson said reports that he had set targets for the value of the pound sterling misinterpreted his views. Press reports suggesting he had specified such targets shocked currency dealers and economists on Thursday. Dealers, once theyReuter - 704 words
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Article836 1987-04-04 3 ARRIVALS Operator Service Local From 1 number time MAS MH7240 1000 KCH CPA CX710 1015 CGK RBA BI421 1100 BWN GIA GA960 1100 CGK $IA SQ105 1105 KUL SIA SQ201 1145 CGK SIA SQ191 1155 PEN SIA SQ238 1155 MES thai TG403 1155 BKK mas MH682 1230836 words
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622 1987-04-04 3 US-Japan 1 trade dispute UPI, AP UNITED STATES Trade Representative Clayton Yeutter has compared the White House s announced trade action against Japan to an H-bomb that should only be used by the president. Mr Yeutter, testifying before the Senate Finance CommitteeUPI,; AP - 622 words
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388 1987-04-04 3 FT US TRADE sanctions against Japanese electronics goods could backfire on hundreds of companies that sell products which incorporate Japanese electronics, US industry officials fear. In the wake of last week's announcement that the US will impose US$3OO million in punitive tariffs on JapaneseFT - 388 words
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452 1987-04-04 3 AP SECRETARY-GENERAL Javier Perez de Cuellar announced on Thursday the formation of a special advisory panel to help debtridden African countries overcome their financial problems. Mr Perez de Cuellar said in a statement that his 10-member group on resource flows for AfricaAP - 452 words
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138 1987-04-04 3 Reuter AN ESTIMATED 500 million people, or about 10 per cent of the world's population, are starving and in critical condition, according to Food and Agricultural Organisation director Edouard Saouma. Saouma. who arrived on Thursday in Recife, the northeastern Brazilian state capital forReuter - 138 words
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339 1987-04-04 3 AFP VIETNAM'S overseas workers are earning the country much needed foreign exchange and there are plans to send a further 30,000 abroad this year. Like many Third World countries. Vietnam is short of foreign exchange but has workers to spare which it can "rentAFP - 339 words
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251 1987-04-04 3 AP THE HOUSE of Representatives foreign affairs committee voted on Thursday to cut US$l5 million from economic development aid to India in a gesture of disapproval of its closeness to the Soviet Union. On a vote of 18 to 14, theAP - 251 words
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Page 3 Advertisements
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Advertisement56 1987-04-04 3 n I 7" The business person's choice. M Jb l|% /I every Tuesday. Saturday and I II I I 1 Sunday Leaving Changi Airport at I yy y I V -LLfIL 11 22:05 hours and arriving Bombay at 00:30 hours. Call your Travel Agent or Air Canada at *****55. Effective56 words
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Advertisement89 1987-04-04 3 Lenders harden their stand against political pressure, Page 3 CLASSIC STYLES IN NATURAL- FABRICS WE'RE MAKING MERCHANDISE HAVE OUR AT LOW, LOW WAY FOR NEW SO YOU CAN PRESENT ONES PRICES. You could call it a sale ifyoulikebutatThe Trouser Shop we believe in giving our customers value for money and89 words
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Page 3 Miscellaneous
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Miscellaneous42 1987-04-04 3 Doonesbury GOOD MORNING, SIR. HERE'S THAT UST OF PHOTO OPS FOR VOU 70 CWOS6 FROM. W KEEP IN YOU MEAN, MIND *£RE KEEP IT IN TRYING TO MINPNHILB UMTTPREE6 I'M CHOOSING? ACCESS, SIR. r nil It lib BY GARRY TRUDEAU in SHI !>*42 words
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WORLD BACKGROUND
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747 1987-04-04 4 Fed governor thinks such a move will help reduce forex instability Reuter THE TASK of controlling monetary policy in a fast-moving global economy could be made easier if it were tied to commodity prices, the newest member of the US Federal ReserveReuter - 747 words
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624 1987-04-04 4 No nation is a financial island not even the most isolationist Reuter BANKERS do not seem to do much business with the world s economic outsiders. But, despite the fact that they may be hardpressed to recall the last time they did have contact, they say none of these statesReuter - 624 words
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940 1987-04-04 4 AP FOR Art Quaife and the other members of the American Cryonics Society, freezing bodies and brains is a logical and alluring step toward immortality. "Our people don't die," Quaife said matter-of-factly in an interview at the Spartan TransTime warehouse inAP - 940 words
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COMMODITIES
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Article254 1987-04-04 4 HONGKONG: Gold closed firmer yesterday in moderately actively trading on light buying interest after the dollar's generally easier tone. The metal ended at U*****.30/80 an ounce against the U*****.40/90 close in New York and the U*****.20/70 finish here on Thursday. On the local market gold fell HK$l5 to254 words
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Article88 1987-04-04 4 (c«nti/kg, 1 -»oo pollen) MAY 87 JUNE 87 (current month) (forward month) NOON NOON RAS tuyrt S*ll*'i ftuy*r> S»ll»rs SSR 20 170.00 172.00N 170.00 172.00N SSR 50 169 00 170.00N 169.00 170.00N MRELB Buy«r> S«ll«'5 luytn SMR cv 244 00 246 OON ***** 247 OON SMR L88 words
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Article222 1987-04-04 4 SINGAPORE The market closed slightly lower yesterday with May 1 RSS buyers quoted at 195.00 cents/kilo, down 0.75 cent from Thursday. On the TSR-20 market, prices eased slightly in very quiet trading. TSR-20 May and June closed at 164.00 cents/kilo, both down 0.50 cent. MALAYSIA The market closed inactive222 words
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Article471 1987-04-04 4 Crude palm oil futures closed easier in fairly active trading on the KLCE yesterday. Dealers said that the market opened lower amidst an easier closing on the Chicago Board of Trade with sellers dominating the floor. India, believed to have taken three parcels of RBD olein for April/May471 words
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Article100 1987-04-04 4 THE EAST ASIAN petroleum products market was quiet with most products unchanged Fuel oil prices saw the only significant movement with demand from refiners and traders in Singapore for increasingly scarce April supplies. Naphtha prices adjusted up slightly on speculative demand for May positions Crude (FOB origin)100 words
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Article60 1987-04-04 4 THE PRICE OF TIN on the Kuala Lumpur tin market closed unchanged at M 516.66 per kilo yesterday on lack of follow-through buying support. Turnover rose to 113 tonnes from 70 on Thursday on disposal ahead of the weekend. Europe continued to take most of the disposals and60 words
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Article286 1987-04-04 4 R AS prices In S c*nts/kg, FOB In beta B NOON CLOSE Buyers Sellers Buyers Sellers lot 1 RSS Prompt 198.50 199.50N 198.50 199.50N Int 1 RSS Moy 87 195.00 195.50 195.00 195.50 Irrt 1 RSS Jun 192.00 192.50 192.00 192.50 kit 2 RSS OP 182.00 184.00N286 words
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Article286 1987-04-04 4 Chinese Produce Exchange SoMort' noon doting pricot on April 3 (SS/100 kg) Coconut oil Bu* FOB 88.00 Otd drwn FOB 98.00 Now drum FOB 102.00 Copra Mlxod (too**) 50 Pepper Mun(oi whlto FO« NIW 1077.50 Sarawak whUo FOB foq NLW 1062.50 Sarawak tpodal black FOB NIW 890.00 Sarawak286 words
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Article329 1987-04-04 4 London Commodity Exchange Bvy*r/S«M«r doting pricot on April 2 (£/tonn« unto) it tpodflod) Provioui day'i doting pricot in par*nthotit Coffee Both Irt-ffor# London, toMort option CIF London May 1250/1252 (1237/1240) High/Low 1270/1237 My 1263/1265 (1243/1245) High/Low 1281/1250 SotM (3917) Cocoa May 1304/1305 (1303/1304) High/Low 1313/1304 My 1333/1334 (1333/1334)329 words
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BANKING AND FINANCE
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Article1161 1987-04-04 5 SINGAPORE: The US dollar recovered in thin late trading yesterday to close slightly firmer against major European currencies but remained weak against the yen. Dealers said that late short covering by interbank operators ahead of the weekend boosted the dollar. Market expectations of positive US March employment figures1,161 words
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Article44 1987-04-04 5 RESULTS OF TENDER held yesterday for 91-day bills to be issued from April 6 to 10: Offered: $220,000,000 Applied for $676,480,000 Allotted: $220,000,000 Accepted bids: $99.47 and about 15 per cent. Average rate of discount on allotment: 2.085 per cent per annum.44 words
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Article, Illustration208 1987-04-04 5 Indicates the average of the prime lending rates of 12 major banks In Singapore Interbank market rates (offer/bid) on April 3 us* DM SWFC Yen 7 days 6 7/16 3/16 10 9 7/8 3 7/8 3/4 2 1/4 1/8 4 1/ 6 3 13/16 1 m* 6208 words
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Article110 1987-04-04 5 THE OVERNIGHT rate on the Singapore interbank market rose 1% point to close at 4per cent yesterday. The term rates gained 1/16 point each across the board. S$ Interbank rates at 7pm yesterday: OverOftr Bid night 1 -month 2-month 3-monlti 4 1/2 4 1/4 3 7/16 3 5/16110 words
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Article216 1987-04-04 5 Interbank rates at 3pm yesterday: CufTtBClil Nominal rate* Bid Otter change Local dollar* to on* unit of foreign currency: US dollar 2.1360 2.1370 2.8196 -24.24 Starling pound 3.4293 3.4330 7.3469 -53.32 Auftrollon dollar 1.5165 1.5194 3.4286 -55.77 NZ dollar 1.2239 1.2266 3.4286 -64.30 Canodion dollar 1.6336 1.6356 3.4206216 words
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Article272 1987-04-04 5 ASIAN DOLLAR deposit rates closed steady at opening levels yesterday. Short-dates eased 1/16 point at the outset but remained unchanged in subsequent trading. Weekend closed at 6-3/16 6-1/16 per cent. Monday/Tuesday at 6-1/4 6-1/8 and week-fixed at 6-3/8 6-1/4. Period rates firmed between 1/16 and 1/8 point272 words
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Article567 1987-04-04 5 BA Futures. JUNE Eurodollar gapped sharply lower at 93.21 on a softer US dollar from overnight level. Rumours of a large increase in non-farm payroll and concern over US-Japan trade tensions cast a negative outlook on Eurodollar futures. June Eurodollar recovered to 93.23 after slipping off to 93.20 inBA Futures. - 567 words
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695 1987-04-04 5 Bank of America accounts for bulk of the slide AFP ELEVEN FOREIGN banks in Indonesia saw their combined rupiah earnings slashed by 83 per cent in 1986 while three reported losses as the economy suffered its worst downturn in 20 years, according toAFP - 695 words
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551 1987-04-04 5 FT THE MOVE led by three US banks earlier this week to downgrade loans to Brazil is the latest sign that lenders worldwide are becoming increasingly resistant to political pressure to force them to make concessions to Third World debtors. American bankers saidFT - 551 words
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Page 5 Advertisements
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Advertisement46 1987-04-04 5 NINA RICCI NINA RICCI NINA RICCI NINA RICCI Boutique NINA RICCI Singapore I.e vi l 2. (ialeries Lifayette. Li.n Towers. ()rehard Road. Singapore 092 A Tel: Sole Distributor Nina Rjeei Singapore) tte lid KH) ()rehard R( >ad *18 (X> ()rehard T< >wers Singapore 0923 Tel: ""*****S46 words
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INTERNATIONAL STOCKS
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414 1987-04-04 6 Reuter URITISH Defence Minister George Younger said he had accepted an otter from British Aerospace PLC to buy state-owned armaments manufacturer Royal Ordnance for £190 million. The British Aerospace hid had been competing against a rival offer from Fngineering Group GKN PLC Younger toldReuter - 414 words
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95 1987-04-04 6 Reuter AMERICAN EXPRESS International Inc has reached a basic agreement with six Japanese city banks to let American Express cardmembers use some 7,000 cash-dispensing machines m Japan, an American Express official said. American Express cardholders will be able to withdraw up to 300,000Reuter - 95 words
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Article408 1987-04-04 6 Reuter WALL STREET stocks managed a slight gain on Thursday as investors focused their buying on energy issues and steel stocks. But concern over interest rates and inflation, the same issues that caused the market to sell off earlier in the week, kept theReuter - 408 words
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Article146 1987-04-04 6 AMl 02 C t 36 Inco Int Prov Plpa lu Intl 21* 48 24* unch 50* Karr Addiaon 25 18H 2* Loblaw Co 15 unch Bank Nova Scotia Bank Of Montraal 10* 33* 42* McMII Bldl Molaon A Moor a Corp 78* 29* 33* 2 unch 42* Noranda In146 words
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Article174 1987-04-04 6 APR 02 RAND Tongaat 1150 uf>ch Truat Bk Un Staal 77 7 MDUSTRIALS Wooltru 1800 100 A Alpha MMW Abarcom 385 -25 Aacl 1775 75 7050 300 385 -145 AMIC 2300 Barlow* 7250 -690 C G Smith 3775 150 1620 -25 CNA 3506 Currla Financa 975 -25 Edgars *****174 words
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Article628 1987-04-04 6 APR 02 US 1 Atcan Alumin 36% 42 H Allag Intl Ainad Sig 24* 45 unch •1 Allia-Chalmar* Am Brand* Inc Am Can Co Am Cyanamid Am Elac Pwr 2* ....40K 46* 02* 26 72 unch -2* Am Horn* Prod Am Motor* Cp Amu Inc Amarada Haaa Amoco628 words
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Article903 1987-04-04 6 Amsterdam AMI 02 U ABN 534 00 3 90 70 12 A»o4d 106 80 +1 6 136 00 -2 9 144 80 t-02 AMEV 86 80 1.5 Amro Ban* 83 80 04 Am St ad 12® 40 09 20 70 01 BOCS 180 00 5 Boraumii 142 50903 words
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Page 6 Advertisements
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Advertisement524 1987-04-04 6 Hong Kong DianXin on Saturdays, Sundays and public holidays rs Come as early as 11 am to enjoy 27 selections of fine Dian Xin delicacies, prepared by chefs from Hong Kong, using only fresh, quality ingredients. At the Pheasant Room (2nd floor) where Dian Xin has never been more skilfully524 words
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ASIAN STOCKS
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Article402 1987-04-04 7 HONGKONG: Share prices closed sharply lower yesterday under pressure from moderate institutional selling as bearish sentiment spread. The Hang Seng Index lost 29.42 to close at 2,679.99 and the Hong Kong Index fell 17.44 to 1,724.50. Turnover was HK$696.12 million. Brokers said the controversy over the issuance of shares402 words
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Article231 1987-04-04 7 AM 03 MT 3 70 -0 15 Kolin Kuochan Oev Laa Chang Yuan 28 90 33 40 35 00 0.1 03 0 1 37 80 23 70 01 46 90 -0 1 41 30 -02 Chang Hwa Bank Chang Loong Chia Hain Camant. 83 00 37 50 36 40231 words
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Article299 1987-04-04 7 AM 03 Aiinomoto Akai YEN 3660 430 .140 -5 -2 •10 •10 •10 Mitsub Elac Mitsub Estate Mitsub Heavy Mitsubishi 555 3260 585 1190 33 -20 -13 80 Amada Asahi Cham Aaahi Glass Bank Of Tokyo 696 1000 1920 1400 Mitsui Co Mitsui ShipWdg Mitsui Smelting 700 245 421299 words
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Article85 1987-04-04 7 AM 03 pesos Oriental B 0 027 -0 002 Phil Oversea* 0 043 unch Philex B 0 42 unch 0 0575 3 70 *09 23 .1 pldt 362 50 unch Baguio Gold Basic Petroleum 0006 0.013 0 001 unch San Migu*l B 132 0 021 5 unch Benguet Coo85 words
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Article571 1987-04-04 7 SYDNEY: Keen demand for leading mining and industrial stocks pushed the Australian share market to record levels in busy trade. Brokers said a feature of the market was continued strong interest in leading miners, keenly sought by European investors overnight. Buyers returned to the indus- trial sector for the571 words
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Article126 1987-04-04 7 AM OS WON Kanawon Ind 1S060 -600 Cheil Sugar 3250 -200 Ko*on?r£ 4900 MO Daelim Ind 887 +50 kotIlLt.™ 252 12 Daewoo Corp 975 -70 i i SS *J2° Daewoo Heavy 1339 -70 fvf.nt.i *2« Daiahin Securities 4150 -200 ol !nt! ?2no ISnn Dong Ah Phar ...***** -800 Oriental126 words
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Article153 1987-04-04 7 Reuter BANGKOK: The Stock Exchange of Thailand Index climbed 0.38 to 228.57 on a turnover of 991,398 shares worth 234.8 million baht. AM 01 BAHT 2 2 unch -2 Saha Union Siam Csmsnt 194 879 -2 ♦6 Ayudhys Invsstmsnt 290 Bangkok Agro-lnd 80 Bangkok Bank 2S7 Siam City CsmsnLReuter - 153 words
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Article74 1987-04-04 7 Reuter A JOINT venture between Beijing's China Resources Holdings Ltd and an unidentified Hongkong businessman has negotiated a HKS44O million loan to finance a residential development in HK, arranger and co-lead manager Nanyang Commercial Bank said. The loan consists of four tranches. The Hongkong andReuter - 74 words
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402 1987-04-04 7 FT THE BOARD of San Miguel Corporation, the Philippines largest industrial company, has approved a deal to buy back about 32 per cent of its shares from a governmentcontrolled bank which will allow Bond Corporation of Australia a minority but substantial interest in theFT - 402 words
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360 1987-04-04 7 Reuter THE HONGKONG Stock Exchange is considering new rules governing different classes of shares following a spate of new B share issues by leading local firms, exchange chairman Ronald Li said. He told reporters the rules will allow settlement of 'A' shareReuter - 360 words
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162 1987-04-04 7 Reuter SOUTH KOREA had banned share cross-holdings between 511 parent companies and subsidiaries, the Economic Planning Board announced. A board spokesman said the 511, all part of the country's 33 top industrial conglomerates and with assets of 400 billion won or more,Reuter - 162 words
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Page 7 Advertisements
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Advertisement695 1987-04-04 7 *Wv S .X > m If T WSf^ I I" m Is ir.S> JAZZILY HYATT A bonus for jazz enthusiasts! Th© Bob Bertles Trio is in town! The greatest living jazz exponents in Australia, this terrific trio will thrill you with their skills. Flutist/saxophonist Bob Bertles (who has worked with695 words
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Advertisement206 1987-04-04 7 5 IRRESISTIBLE OFFERS! ■40% OFF all Premium brands and bottle rates Buy one drink and get one FREE Extended Happy Hour 12 noon Bpm Entertainment by 2 top bands nightly (6pm 2am*) ffrnwcnons A popular show band from the Philippines C 1 (Vtvtutod Singapore's rr% most popular band tjJC4€tCV4Vlil d206 words
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LETTERS TO THE EDITOR
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Article550 1987-04-04 8 EVER so often, deserved or undeserved, there are reports from one country or another of the declining credibility of the Press. Such reports would do well to consider one funny fact: the Press is, indeed, taken very seriously. The evidence for the assertion comes from550 words
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619 1987-04-04 8 Victim of Bureaucracy - Victim of Bureaucracy Dear Sir I have been hesitant about writing an open letter in the newspaper to highlight grievances in my dealings with the Property Tax Department. However, after two genuine attempts to resolve the problem without any success, I am now left with619 words
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Article, Illustration466 1987-04-04 8 RANJIT GILL - RANJIT GILL Dear Sir Reluctantly, I am obliged to respond to the book review on Tan Sri Khoo Teck Puat (BT, March 16). I do not propose to engage in a lengthy drawn-out rebuttal but would quite simply like to place matters in perspective.466 words
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157 1987-04-04 8 CNS - CNS Dear Sir Holders of DBS 7% per cent convertible unsecured loan stock 1991 (Loan Stock) stand to lose $55.78 (difference between accrued interest of $66.78 and dividend income of $11.00) for each $1000 principal amount when they exercise their conversion rights. The157 words
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Article176 1987-04-04 8 LOW CHUNG SONG - LOW CHUNG SONG and for and on behalf of LOW CHUN SENG and LOW CHANG HIAN D«ar Sir We refer to the article which appeared on Thursday, March 19, 1987, under the headline "Judge rules company must be protected". The article makes detailed reference to the judgement of176 words
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140 1987-04-04 8 JOHN M CARTER - JOHN M CARTER Dear Sir We are compiling a record of historical air photographic cover of Singapore and have received considerable assistance from the Ordnance Survey in England who has given us a detailed record of aerial photographic cover flown for Singapore between the140 words
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Article97 1987-04-04 8 JOHN M CARTER - JOHN M CARTER Director Clifford Company Private Dear Sir We note that Telecoms, in its reply to our letter published in your column on March 17. has no objection to the personal collection and delivery of mail by private enterprise even though this does in fact97 words
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Page 8 Advertisements
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Advertisement156 1987-04-04 8 V r SB V vy J 1 r J foi ORDER FORM Yes, I would like to subscribe/renew Please send the magazine to the following oddress: ~l Address: Company: Enclosed is cheque/money order no: Charge my American Express/Visa/Master Card account Expiry date: Card No: for $48.00/$71.25/564 75 Signature: I Complete156 words
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Advertisement46 1987-04-04 8 BT welcomes letters from readers. Your letters must include your signature, full name, address, and home and office telephone numbers, if any. You may add a pseudonym, if you wish. Address your letters to: The Editor, Business Times, 390, Kim Seng Road, Singapore 0923. a V*46 words
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Page 8 Miscellaneous
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Miscellaneous802 1987-04-04 8 CRYPTIC PUZZLE ACROSS 9 One slaver is wrecked and it's all over (9) 10 Intended to support and does, somehow (8) 12 That's your lot! (4) 13 Reel, from the weight, onto the bed (6) 14 It's a nuisance having to catch the one five, but unimportant (7) 15 Record-player802 words
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Executive Lifestyle
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Article298 1987-04-04 9 A GROUP OF advertising executives recently attended a course run by the personal grooming/deportment school John Robert Powers. At $600 per head, they learnt, among other things, how to drink wine out of paper cups. The only wine glass present was one drawn on a blackboard.298 words
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Article337 1987-04-04 9 TRENDS AP THE AGE of technology appears to be overtaking British lea ladles who, for centuries, have served businessmen their tea In fine China cups with a smile, maybe some gossip and when needed, a Mt of motherly advice. But In many business*» theee days, shinyAP - 337 words
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Article, Illustration824 1987-04-04 9 MONICA GWEE - With MONICA GWEE THE TAXI-MAN didn't understand us. With only one Cantonese swear word among the three of us, we couldn't give him directions to the stadium even if our lives depended on it. "It's where all the kwei-los are today," the Hongkong-domi-ciled kwei-lo824 words
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Article, Illustration1111 1987-04-04 9 LINDA CHEE - By LINDA CHEE THE ORIENTAL CHARM of jade lies undisputed. To the traditional Chinese, it is the most precious of all stones, imbued with a divine quality of protecting the wearer against harm. To ancient Chinese royalty, it was a symbol of good fortune and status; immortalityPhoto by ANDREW CHIN - 1,111 words
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Executive Lifestyle: Entertainment & Pursuits
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Article, Illustration679 1987-04-04 10 THE FOOD TEAM - Oink trot on down to the Marco Polo to meet Oscar FOOD By THE FOOD TEAM THE FRENCH and the Singaporeans have a great thing in common serious, passionate greed. Neither will ever take permanently to bran sandwiches and nettle leaves or the dubious delights of a soy bean casserole;679 words
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Article, Illustration624 1987-04-04 10 by The Food Team "PLEASE DON'T REFER to them as bisexual," said Mr Bruno Dedual. The resident manager of the Sheraton Towers Hotel was referring, with ill-concealed amusement, to helix aspersa "little grey" snails to you and me. It's a slow business, thisby The Food Team - 624 words
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Article, Illustration431 1987-04-04 10 JAIME LYE - CINEMA JAIME LYE By ALL THE KING'S horses, all the king's men and Bill Cosby couldn't make C Thomas Howell look more convincing as the Soul Man that is. a white guy with a severe pigmentation problem and a bad hair-do. The man who would431 words
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Executive Lifestyle: Entertainment, the Arts & Pursuits
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Article, Illustration886 1987-04-04 11 RICHARD SEAH - HEALTH By RICHARD SEAH "YOU BT PEOPLE are all sex maniacs," declared one reader this week. He had telephoned in response to the April 1 front page story about supposedly potent aphrodisiac effects of Singa-pore-grown shiitake mushrooms. Well, apart from sex maniacs, another group of people might886 words
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Article, Illustration1040 1987-04-04 11 JESSICA LONG - PROFILE By JESSICA LONG FIRST WHISPERS of Cleo Laine and John Dankworth being in town were intriguing. Would they perform? Would we get to hear one of British jazz's most famed partnerships? Sadly, no. They are here for simple R R. Their first holidayPictures by MICHAEL LIEW - 1,040 words
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759 1987-04-04 11 JAIME LYE - CINEMA By JAIME LYE AND SO IT WAS that on Monday night Los Angeles time, one billion television viewers across the world except Singapore, found out that Woody Allen, for the umpteenth time, did not attend the 59th Annual Academy Awards, but759 words
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Article, Illustration370 1987-04-04 11 SHORT TAKES BRONCHITIS may well be an occupational hazard for David Chidell of the UK, but one thing's for sure you can't accuse him of over-dressing when he comes to your party. The man works as a Tarzan-o-Gram, first cousin of the singing telegram, except370 words
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Article651 1987-04-04 11 CINEMA: Over The Top starring Sylvester Stallone, Robert Loggia and Susan Blakely. Showing at Cathay: 11; 1.30; 4; 6.30 9.15. Heartbreak Ridge starring Clint Eastwood. Showing at Capitol: 11; 1.45; 4; 6.30; 9.15, and Changi: 11, 1.30; 4; 6.45; 9.15. The Color Purple starring Whoopie Goldberg Showing at Jade:651 words
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Executive Lifestyle: Sports
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284 1987-04-04 12 TENNIS Reuter WIMBLEDON champion Boris Becker on Thursday night avenged his defeat by Sergio Casal in a Davis Cup tie last month when he easily beat the Spaniard in the second round of the Italian indoor championships. Sweden's MatsReuter - 284 words
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589 1987-04-04 12 RACING UPI RICHARD DUNWOODY, who almost lost the ride because of a dispute, hopes to earn a place in the history books for West Tip by steering the 10-year-old to a second successive victory in the Grand NationalUPI - 589 words
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Article, Illustration341 1987-04-04 12 GOLF AP ROGER MALTBIE birdied three of his first five holes on the back nine and tied T C Chen with a four-under-par 68 for a share of the first-round lead on Thursday in the US$6OO,OOO Greater Greensboro Open golf tournament. Maltbie, whose lastAP - 341 words
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560 1987-04-04 12 FOOTBALL UPI FOR THE next two weeks, the football spotlight in England will be focused on cup action rather than the battle for the league title. Tomorrow, Liverpool meets Arsenal in the League Cup final at Wembley Stadium, while the F A Cup semifinals betweenUPI - 560 words
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267 1987-04-04 12 BOXING Reuter IT REMAINS to be seen whether the battle next Monday between Marvellous Marvin Hagler and Sugar Ray Leonard will live up to its billing as a "superfight", but it already has generated some super dollars. Rossi Ralenkottyer, the director of research andReuter - 267 words
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Article, Illustration870 1987-04-04 12 MIKE THUMBA - BRIDGE By MIKE THUMBA IN THE LAST five lessons, we discussed the opening bids, response to rebids in both suit and notrump contracts. It is useful to discuss and remember a few magic points either as declarer or defender. As declarer: 1. Count870 words
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Article, Illustration669 1987-04-04 12 Brian Miller - ON TMCk with Brian Miller AFTER TOPPING the 1986 jockey's table, K C Ng hasn't been having things his way this season. Since coming back after a suspension the young hoop has only three winners on the board and669 words
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190 1987-04-04 12 SQUASH Reuter WORLD CHAMPION Ross Norman reached the final of the London International Squash tournament after an absorbing tussle with British champion Bryan Beeson on Thursday night. The New Zealander meets Beeson's compatriot Geoff Williams who will be contesting his first Grand Prix final. NormanReuter - 190 words
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262 1987-04-04 12 MOTOR-RACING UPI THE 1987 SEASON will be one of transition for Formula One, but French driver Alain Prost hopes one thing stays the same: his name on the world champion's trophy. Prost will be aiming to drive his McLaren to a thirdUPI - 262 words
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Executive Lifestyle: Personal Investment
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760 1987-04-04 13 LISA LEE - SHAKES BEUnnER'Si cnnnen S3 By LISA LEE WHILE some have reaped a good harvest with the current optimism in the stock market, there are those who wait on the sidelines afraid of getting their feet wet, yet wanting a share of the takings760 words
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609 1987-04-04 13 Ramesh Chandiramani - GOLD STOCKS Keeping track... ■by Ramesh Chandiramani SEVERAL READERS remarked that Personal Investment has written quite a bit about Australian gold stocks during the past two weeks, but wondered why these were featured only now. It must be stated for the record that those609 words
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631 1987-04-04 13 GLOBAL MARKETS Reuter THE THREATENED trade war between the US and Japan is just the kind of shock that economists say could send world stock markets into a tailspin. But they are not sure if that would be aReuter - 631 words
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915 1987-04-04 13 RAMESH CHANDIRAMANI - BUS STOCKS mm wmn By RAMESH CHANDIRAMANI THE FRONT COVER of Trans-Is-land Bus Services Ltd s new issue prospectus boldly declares: "An investment in the shares involves certain risks related to the implementation of the Mass Rapid Transit System". That is the key consideration915 words
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Article, Illustration220 1987-04-04 13 Ramesh Chandiramani - omm by Ramesh Chandiramani AS A STOCK GROUP, marine shares have recorded one of the biggest gains in this new bull market, none so than Straits Steamship. This counter rose from a low of 50.5 cents to hit a peak of $2.27220 words
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Page 9 Advertisements
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Advertisement94 1987-04-04 9 I 3S tS< v yr >■ 3 m f V < c o i w A K X*. Steel/gold with Diamond bezel. yesw*f Showroom and Service Centre: Singapore Gerald Genta Geneve Scot ts Centre *01-11 Tel: *****27 Authorised Dealers: Singapore The Hour Glass Lucky Plaza *01-36 The Hour Glass Scotts94 words
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Page 10 Miscellaneous
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Miscellaneous2684 1987-04-04 10 SLOTS TO WATCH horror and a dash of mystery TODAY: Jerry Lewis outer mannerisms and trips through his Vlalt To A Small Plana! (4.20 pm, Channel 5) as an ex- W^*-WVW tra-terrestrial sent to h v study human behav- a iour. Any satire present in Gore Vidal's Hpf 3 Broadway2,684 words
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Page 11 Advertisements
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Advertisement55 1987-04-04 11 KWOK GALLERY Pte. Ltd. Three Generations of Experience Since 1918 An Extensive Collection of Chinese Antiques and Works of Art in a continuing exhibition 546 Orchard Road, #03-01 Far East Shopping Centre, (Neit to Hilton Hotel), Singapore 0923. Tel: 235-2516 235-4042 A Fine Jade Stem Bowl and Coyer 15 cm55 words
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Page 13 Advertisements
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Advertisement222 1987-04-04 13 BT welcomes investment ideas and viewpoints from brokers, bankers and other readers. Address all correspondence to: The Editor, Personal Investment, Business Times, 390 Kim Seng Road, S'pore 0923. MEET THE MONEY MASTER STANLEY KROLL is a professional commodity trader who has made millions of dollars for himself and his clients.222 words
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Advertisement113 1987-04-04 13 APPOINTMENTS G K GOH SECURITIES (PTE) invites applications for the following positions in institutional broking: (1) INVESTMENT ANALYST Suitable candidates should have at least 2 years' experience in investment analysis or a related field and be both numerate and literate. An accounting background would be an advantage. (2) DEALER Whilst113 words
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SHARE INFORMATION
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Article, Illustration4277 1987-04-04 14 TRADING on the Singapore stock market was dull yesterday even though share prices firmed up a little towards the close. Some stocks, particularly index component issues, posted fairly respectable gains on bargain hunting. That, coupled with talk that a pension fund was4,277 words
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Article262 1987-04-04 14 SINGAPORE Rises Indices April 2 April 3 M kmrWi 90S 45 BT Comport* 928.48 941.72 S 1 A 1170 40 8T Ot/OS -132 -172 fSN 1000 25 IT OX* -6472 -6447 w«™ 565 25 8T 1 0-day MA -6367 -6384 DBS 1190 20 8T 08V ******2 *****9262 words
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Article3712 1987-04-04 14 810 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".3,712 words
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Page 14 Advertisements
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Advertisement18 1987-04-04 14 PLAV GOLF THE SEWY WAY Tighten-up your game Let Sevvy Ballesteros show you how In BT every Tuesday.18 words
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COMPANY NEWS
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372 1987-04-04 15 DAH YUNG Investment Ltd has ended 1986 with dismal results. The traditional gas manufacturer, which is involved in legal actions to recover money from a Hongkong company, incurred a group loss after tax and minorities of $16.44 million. This was a sharp372 words
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Article273 1987-04-04 15 SSANGYONG CEMENT (S) Ltd: Group loss after tax and minorities of $853,000 (loss of $33,000) on turnover of $41.99 million ($54.39 million) for the year ended Dec 31, 1986. Loss per share came to 1.94 cents (0.08 cents). A first and final dividend of 2 per cent less273 words
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Article355 1987-04-04 15 BARGAIN-HUNTERS continued to dominate trading on the Kuala Lumpur stock market yesterday and share prices inched up to finish with small to moderate gains. Blue chips rose further due to institutional interest and several quality stocks put on impressive gains. But the market's underlying tone355 words
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Article114 1987-04-04 15 HONGKONG Hongkong Index Fridoy 1724 50 Thursdoy *****4 Week ogo 1802.27 Hong Seng Index Fridoy *****9 Thursday 2709 41 Week ogo 2798 74 All Industrials Friday 2582 5 Thursday ***** Week ogo ****** NEW YORK Dow Jones Thursday 2320 45 Wednesday *****5 Week ogo 2372 59 TOKYO Nikkei114 words
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Article244 1987-04-04 15 Managers' price* MARA-Bumiputra for April 4 6 First B'putra 594 599 Second B'putra 510 515 Singapore Unit Trust Third B'putra 4 19 4 24" Th* Commerce 1 03 Th* Savings fund 0 90 S'pon* Prog fund 041 S'por* S*c Fund 0 69 S pore lnv*st Fund 077 S'por*244 words
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Article932 1987-04-04 15 LONDON equities declined in light early trading yesterday on end-of-account and end-of-tax-year profittaking in the wake of gains on Thursday. By noon, the FT 30 Index had lost 16.9 points to 1.550.7 while the FTSE 100 Index was down 19.2 points at 1,968.5. On Thursday, the FT 30932 words
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223 1987-04-04 15 MBT TALKS involving the takeover of the controlling stake held by Tan Sri Chong Kok Lim, Datuk Syed Kechik Syed Mohamed and Datuk Wong Kee Tat in Sri Hartamas Corporation Bhd, have become protracted and there is still no sign ofMBT - 223 words
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Article, Illustration468 1987-04-04 15 AMY BALAN - Current bull market a major factor By AMY BALAN KEPPEL Corporation has raised its convertible bond issue to US$75 million ($l6l million) from US$6O million ($129 million) due to overwhelming response by investors. A total of 21 domestic and international banks and securities468 words
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100 1987-04-04 15 UNITED OVERSEAS Land has purchased the remaining 49 per cent equity interest in United Norfolk Development Pte Ltd. making it a wholly-owned subsidiary. It paid a total of $1.02 million or $1.04 each for the 980,000 United Norfolk shares. The vendor of the100 words
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Article2114 1987-04-04 15 810 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 AJbwmoto *****) 111 314 Atom (728 745) (12) 722,114 words
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Article371 1987-04-04 15 SEALION HOTELS Limited: 11th AGM at Gateway 4 Room, Level 2, Pan Pacific Hotel. Marina Square. Singapore 0103 on April 18 at 10.30am. INCH KENNETH KAJANG Rubber Public Limited Company: 77th AGM at 5th Floor. Straits Trading Building. 4 Leboh Pasar Besar. Kuala Lumpur, Malaysia, on Monday, April371 words
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Page 15 Advertisements
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Advertisement231 1987-04-04 15 Harimau Investments Limited (Incorporated in the Republic of Singapore) NOTICE OF MEETING NOTICE IS HEREBY GIVEN THAT the Fourteenth Annual General Meeting of the Company will be held at 65 Chulia Street #19-00, Conference Room, OCBC Centre, Singapore 0104 on Tuesday, 5 May 1987 at 12.00 noon for the purpose231 words
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Advertisement181 1987-04-04 15 IN THE MATTER OF THE COMPANIES ACT. CAP. 185 AND IN THE MATTER OF GEO. S. ANDERSON CO. PTE LTD (In Voluntary Liquidation) NOTICE OF FINAL MEETING NOTICE IS HEREBY GIVEN that pursuant to Section 306 of the Companlee Act Cap. 185 that a Final Meeting of the members of181 words
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Advertisement181 1987-04-04 15 IN THE MATTER OF THE COMPANIES ACT, CAP. 185 AND IN THE MATTER OF CHAMPNEYS HEALTH SERVICES (S) PTE LTD (In Voluntary Liquidation) NOTICE OF FINAL NOTICE IS HEREBY GIVEN that pursuant to Section 306 of the Companies Act Cap. 185 that a Final Meeting of the members of the181 words
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257 1987-04-04 16 UPI SINGAPORE and eight other developing countries will no longer receive duty-free treatment on certain products they ship to the US because they no longer need such protection, US Trade Representative Clayton Yeutter announced on Thursday. A total of US$4.7 billion worth of importsUPI - 257 words
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114 1987-04-04 16 Bernama THE PROPOSED sanctions by the United States against semi-conductors from Japan means that there would be substantial opportunities for Asean, South Korea and Taiwan to increase their sales and market share in the US for such products, a senior US government trade official saidBernama - 114 words
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241 1987-04-04 16 Reuter A SENIOR Jaoanese official has denied that Tokyo is trying to dominate the world computer chip market. Makoto Kuroda, vice-minister of International Trade and Industry, also insists that Japan is living up to its chip agreement with the US. "It cannot beReuter - 241 words
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Article, Illustration451 1987-04-04 16 MARTIN SOONG - No violation of arms sales agreements, says defence ministry By MARTIN SOONG THE SWEDISH GOVERNMENT, rocked by the recent discovery of a multi-million dollar international gun-running operation by Swedish arms maker Bofors, has received a protest note from Singapore. The Foreign Affairs Ministry451 words
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377 1987-04-04 16 Reuter BRITAIN could hurt itself more than it hurts Japan if it carried out a threat to retaliate for trade restrictions in Tokyo by expelling Japanese banks from London, British economists said yesterday. London's position as a global financial centre would be compromised.Reuter - 377 words
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169 1987-04-04 16 Reuter JAPAN'S Ministry of Posts and Telecommunications yesterday ruled out further concessions to Britain in a telecommunications row that is threatening to erupt into a trade war. The dispute is over an attempt by Britain's Cable and Wireless to keep a major shareReuter - 169 words
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308 1987-04-04 16 AP OUTLYING industrial areas in Japan face ruin if the US dollar falls to the 140-yen level, according to a report from the Ministry of International Trade and Industry released yesterday. A Miti official, who refused to be named, said the reportAP - 308 words
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226 1987-04-04 16 Bernama STAR PUBLICATIONS and its group editor-in-chief V K Chin appeared in the High Court in Kuala Lumpur yesterday to answer a libel suit filed against them by Prime Minister Lee Kuan Yew. The newspaper and Mr Chin have 14 daysBernama - 226 words
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Article83 1987-04-04 16 Reuter COMEX silver futures gained almost 10.0 cents yesterday morning on fresh buying by commission houses but the support dried up below Thursday's highs for the week. In more subdued dealings, silver for delivery in May was ahead 9.5 cents at U556.45 an ounce, which was short ofReuter - 83 words
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Article56 1987-04-04 16 WALL STREET stock prices eased slightly in active trading yesterday morning. An unexpectedly slight rise in March nonfarm employment confounded investors that had been seeking cyclical stocks in recent sessions. The Dow Jones Industrial Average lost three points to 2,317. Declines led advances by a slight margin56 words
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LATE FILE
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Article65 1987-04-04 16 AFP JAPAN is to ease restrictions on money market certificates and negotiable certificate deposits with effect from Monday. It will be the fourth round of financial deregulation since October 1985 when Japan first took such a step in line with a May 1984 agreement reached byAFP - 65 words
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Article37 1987-04-04 16 AFP FINANCE ministers from the 12 EC countries are to meet in Belgium today to study ways of strengthening the European Monetary System (EMS), the Belgian Finance Ministry has said. AFPAFP - 37 words
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29 1987-04-04 16 Reuter THE US unemployment rate fell to 6.6 per cent in March, its lowest level in seven years, the government reported yesterday. ReuterReuter - 29 words
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Article69 1987-04-04 16 AFP THE SUSPENSION of former Rhodesian prime minister lan Smith from Zimbabwe's parliament has left the outspoken White politician without his previous immunity from prosecution and means he will have to watch his step in any future criticisms of the government. He was suspended fromAFP - 69 words
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Article37 1987-04-04 16 AP THE JAPANESE government is considering a large-scale pump-priming economic package totaling five trillion yen (U5534.2 billion) to expand domestic demand and defuse trade tensions, the nationally circulated Yomiuri Shimbun said yesterday.AP - 37 words
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Article45 1987-04-04 16 Thatcher more popular polls Reuter A SURVEY by the Harris Research Centre for Today's London daily news, shows that British Prime Minister Margaret Thatcher has improved her standing with voters, according to the first opinion poll published since her return from the Soviet Union. ReuterReuter - 45 words
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Article46 1987-04-04 16 Reuter TAMIL rebels of the powerful Tigers group yesterday killed 28 people believed linked with rival factions in apparent reprisal for an assassination attempt against one of their top leaders, Sathasivampillai Krishnakumar, who was wounded in a grenade attack last Monday. ReuterReuter - 46 words
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Article427 1987-04-04 16 Bernama DEPUTY PRIME MINISTER Ghafar Baba announced yesterday his acceptance of nomination to contest the post of Umno deputy president at the party's general assembly on April 24. He made the announcement before hundreds of Umno members from throughout the peninsula, including from Perlis, Kelantan andBernama - 427 words
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Article102 1987-04-04 16 Reuter OFFICIALS of the six Asean countries will meet in New Zealand next week, Prime Minister David Lange said yesterday. The talks in Wellington on April 7 and 8 will review political and economic issues. Mr Lange said the six Asean nations will sendReuter - 102 words
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Article144 1987-04-04 16 Bernama AFTER 244 days of being elected member of parliament for Gopeng, former MCA president Tan Koon Swan has resigned from office. Dewan Rakyat Speaker Tan Sri Zahir Ismail received his letter of resignation on Thursday. Tan, who is serving a twoyear jail term inBernama - 144 words
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285 1987-04-04 16 UPI BRITAIN'S gold and foreign currency reserves showed their biggest rise tor nearly 10 years last month. The massive underlying increase of U551,785 billion was the largest since October 1977 and showed the extent to which the Bank of England wasUPI - 285 words
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241 1987-04-04 16 THE JEWELS of the late Duchess of Windsor set an auction record for a single collection, fetching US$3O million on the first night of the two-day sale. Buyers included actress Elizabeth Taylor, on the phone from Los Angeles, and California divorce lawyer Marvin241 words
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Page 16 Advertisements
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Advertisement5 1987-04-04 16 Lawson clarifies reports, Page 35 words
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Advertisement106 1987-04-04 16 `-\[.&$%]";<].||]+/[$\~@$%|\|>" ./•.V r r N la Y-\ r\ T- 4 V.* *AT k Let BT show you the ropes for effective management every Monday BT, Singapore's biggest business daily, has two full pages on Management every Monday. This is essential reading for all successful professionals and executives. Incisive management news106 words
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Page 16 Miscellaneous
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Miscellaneous14 1987-04-04 16 WMtm Outlook: Showara ov*r aavaral Rainfall Ma month 6.0 Rainy daya this month t14 words
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