The Business Times, 20 June 1987
1987-06-20
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The Business Times
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Title Section13 1987-06-20 1 BUSINESS TIMES M.C. (P) No. 112/12/86 Weekend Edition, June 20-21, 1987 75 CENTS13 words
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Article, Illustration182 1987-06-20 1 Exchange rates THE SS closed stronger against the US dollar yesterday at $2.1170/80 (S2.1180/90). The local currency also finished firmer against the MS and HK$, but softer sgainst the yen, Swiss Franc, DM and US* 44J0/60 yon, 1.8225/35 DM, V U$$ 1.6315/25 PrWoy HK Hang Sang Index182 words
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470 1987-06-20 1 ELAINE KOH - Interim injunction against sale by Sim Lim Finance By ELAINE KOH THE CHAIRMAN of Singapore Fodder, Mr Hui Shune Ming, has stopped the sale of a large block of shsres to property msgnate Ng Teng Fong by taking out470 words
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231 1987-06-20 1 AP JAPAN'S top economic plsnning official said ysstsrdsy thst hs is confident of sttaining ths nstion's goal of 3.5 psr csnt economic growth sst for this fiscal yssr, with ths hslp of ths govsrnmsnt's emsrgsncy sconomic packags announced last month. Mr Tstsuo Kondo,AP - 231 words
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Article, Illustration437 1987-06-20 1 A BLOCK of 10 million shsrss of Amcol Electrical Industries, representing mors than 13 per cent of the totsl issued shares of the company, was marrisd on ths Singapore stock market yesterday at $1.80 per shars. Word of ths transaction sent investors end437 words
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171 1987-06-20 1 Bernama AN INDEPENDENT American body is of the view that Malaysia's economic growth rate is higher than the government's projections, Trade and Industry Minister Datin Paduka Rafidah Aziz said yesterday. The body, which had conducted studies on the economic growth rate of developing nationsBernama - 171 words
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488 1987-06-20 1 AFP INDONESIA said yesterday that new loans, including a multi-bil-lion US dollar aid package* pledged by its main donors this week, would be used to bolster its economy and would not be spent to roll-over foreign debts. Western industrialisedAFP - 488 words
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Page 1 Advertisements
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Advertisement229 1987-06-20 1 Nikon THE WORLD'S FINEST PHOTOGRAPHIC SYSTEM INSIDE OUR VIEW CONCERN IS MOUNTING around the world aver the safety of Ihe 1988 Olympic Games In Seoul because of the current political turmoil In that country. To save the game, the time Is ripe for doing what the ancient warring Greek city229 words
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Advertisement6 1987-06-20 1 Mori Milaytiin stortot on Back Pagt6 words
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Advertisement200 1987-06-20 1 Nikon THE WORLD'S FINEST PHOTOGRAPHIC Investing In 'junk' Page 9 Four wheels good, two wheels bed How not to lose weight Pege 10 TV programmes Jor today end tomorrow Ms to mm* Food, romance end s pot-boiler Page 10 The Beverly Hills cop gets stele Page 11 Famous Five from200 words
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HOME NEWS
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440 1987-06-20 2 MARTIN SOONG - By MARTIN SOONG MOECO. Km MNO Holdings *ngineertng and construction subsidiary, has won a dssign and development contract tor ths expansion of Nanjing commercial airport, ths first such projsct sscursd by a local company outsids Singapore. Indsco haa drawn up a mastar plan in two440 words
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526 1987-06-20 2 LEE HAN SHIH - LEE HAN SHIH Property Correspondent THE LONG-OELAYED extension of the American Club, a project that has nagged its members for the pest fsw years, is finally taking off. In anticipation of final approval from the Ministry of National Development (MND), the club has decided526 words
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214 1987-06-20 2 A MORE time-consuming but effective approach -to organieing workers in MgMoch companies is to be sdoptsd more widely by the National Tradee Union Congress in its membership recruitment campaign. And that approach invotvee Bounding out the top managements of companies whoee workers sre not214 words
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Article284 1987-06-20 2 FAMILY, country and flag will be the emphasis of this year's new national song, "We are Singapore". It is an affirmation of commitment and a statement that Singapore, after 22 years of independence, has arrived. The song not only emphasises the multi-racial nature of284 words
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453 1987-06-20 2 ELAINE KOH - By ELAINE KOH A NEW interpretation of the rules has made it easier for accountancy graduates from Australia to gain entry into the Singapore Society of Accountants they can skip taking an extra examination. The change will initially benefit 200 provisional members453 words
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Article, Illustration224 1987-06-20 2 tang wee ftUNQ has been appointed managing director of C K Tang Ltd. He takes over from C K Tang, who remains company chairman. Mr Tang, 34, was previously general manager, a post he assumed in 1974. He is a graduate in business administration from Menio College224 words
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Article1204 1987-06-20 2 AT CONVENTIONAL WHARVES MAM HA WHARVES li Arrival Dapartw Bino Be iKOQio M2B oto^rida 3006(0500 KEPPEL WHARVES w proper Horizon Stor 6 Prasatyo Horapon Baru Hong Woon MIB M3 *****600 2006/0600 Anonos Kit okxigside 20.06/2300 MSB 3006/0700 2106,0600 fcngtoi K29 OlOAQiidt 24.06/2300 MIB 2006/0800 2306/2300 Frotsontos CIO1,204 words
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Page 2 Advertisements
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Advertisement85 1987-06-20 2 Stay two nights with us and enjoy... An extra night free OR A Ss7s gourmet meal at no extra charge Coming home at *Ss7s+-1- gets even better! When you stay with us for two nights, you can stay on for a third night or come back anytime within the next85 words
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Advertisement8 1987-06-20 2 Prompt pick-up and delivery 24 hours a day8 words
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Advertisement291 1987-06-20 2 ANNOUNCEMENT FAR EAST ORGANISATION PTE. LTD. (Incorporated in Singapore) In an announcement ("Announcement") dated 15 June 1987, the Directors of Far East Organisation Re. Ltd. ("Far East") announced that an agreement was entered into between Far East and Malayan United Industries Berhad for the acquisition of 10,142,075 ordinary shares ("Acquired291 words
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OVERSEAS
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538 1987-06-20 3 NYT US ADMINISTRATION officials said on Thursday that they had drawn up a 30-page list of "objectionable" provisions in the Trade Bill, which is scheduled to come to the Senate floor next week. The list, along with a covering letter signed by theNYT - 538 words
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Article900 1987-06-20 3 ARRIVALS Opart* or SirHoi numb«r Local Mm* From MAS CAl SU MK SU MAS SV KAL MAS MAS AC OA MA CU SU su su su THAI MAS GU SU SU GU SU SU SU GU SU SU SU SV THAI CPA KIM MAS MAS GU Al900 words
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146 1987-06-20 3 Reuter NEW FOREST firee triggered by lightning threaten to become China's aaoond national diaaater in two months, Vice-Premier Tian Jiyun aaid yeaterday. Three separate blazea, one of them out of control, have burned more than 13,000 hectares of woodland in Inner Mongolia sinceReuter - 146 words
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186 1987-06-20 3 AFP THE EUROPEAN Common Market on Thuraday denounced the shortcomings of the US and certain developing countries in meeting Uruguay Round trade commitment». As in a separate development, the US informed Gatt of its wish for consultations with Japan on dismantling some JapaneseAFP - 186 words
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164 1987-06-20 3 Reuter A LEADING West German economic institute yesterday urged the Bonn government to speed up promised tax cuts aimed at stimulating economic growth and to explain, in the face of growing doubts, how they will be financed. The government has responded to US-ledReuter - 164 words
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159 1987-06-20 3 FT BRAZIL is to launch a new Industrial policy aimed at opaning up the country to new foreign Inveatment and joint ventures and minimising the bureaucratic redtape which haa strangled poeeible inflows of capital. A thumb-nail «ketch of the new strategy waa given thisFT - 159 words
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591 1987-06-20 3 Reuter PRESIDENT Ronald Reagan and fellow Republicans are launching an all-out blitz against a trillion dollar budget written by Democrate that would force Mr Reagan to accept higher taxes in return for more defence «pending. "After months of delay, the Democratic budget sure waen'tReuter - 591 words
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Page 3 Advertisements
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Advertisement60 1987-06-20 3 fI U 1# \l \lf I 1/ The business person's chcnce, every I I II I II I Tuesday, Thursday. Saturday and I 1 #1 I 1 W Sunday. Leaving Changi Airport at X J. X 22:05 hours and arriving at Lester B. Pearson International Airport the following day. Call60 words
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Advertisement55 1987-06-20 3 I A m m* i r L <n 1 i* r >i w n n 3 3/ i T-Lme Metahrood Driver 3 49.00 Faotnm Gotf T roilcy i Ux. tS.M I SERVICES SATURDAY ONLY SUNDAY ONLY V MWI k ©ORCHARD 20 27 JUNE '87 OFFER AT YAOHAN ORCHARD STH STOREY55 words
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Page 3 Miscellaneous
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Miscellaneous19 1987-06-20 3 THIS tS ROLAND HEPtet turmiHß BUSHCAMW6N OSSkT7W TORACeS MOW ADMIT THAT BusHis9oADnmnvfoPPosa> TOBtCO*M6HG(MJNMAHTMT mKNMVWWTDMGeKOF MtmtA moNS mmm mm MY19 words
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WORLD BACKGROUND
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Article, Illustration511 1987-06-20 4 Purchases from abroad cut to about USs2b a year AP IRANIAN colleges and factories are making weapons ranging from guns to missiles for the war against Iraq, saving the country almost US$l billion in black market arms purchases, military analysts say. "Over the lastAP - 511 words
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578 1987-06-20 4 Reuter ITALY'S ELECTION this week produced a vote for stability but the politicians look set to give the country the exact opposite a long period of squabbling and uncertainty. Amaklo Forlani, president of the majority Christian Democrats, said: "IfReuter - 578 words
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472 1987-06-20 4 Reuter A ROW over the sale of highlysensitive computer gear to Motcow has tarnished Norway's image abroad, just as Prime Minister Qro Harlem Brundtland has begun to secure a place on the international stage. Foreign diplomats in Oslo say the sale byReuter - 472 words
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COMMODITIES
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Article466 1987-06-20 4 Crude palm oH futuree closed easier on the Kuala Lumpur Commodity Exchange yesterday in slightly active trading. Dealers said that the market opened unchanged at Thursday's levels and eased thereafter on profit-taking activities. This was despite India having taken up three parcels while lower overseas advices also depressed466 words
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Article70 1987-06-20 4 EAST ASIAN petroleum spot prices were largely unchanged in a nervous "pre-Opec" market. Only crudes showed much strength with WTI bursting through the US$2O.OO a barrel barrier. Crude (FOB origin) US$/bon«i Own®» Dubai IMr) wdi WM TtM wTuST" 20M 07» Products (FOBJS^ore)^ r 21« 0.05 r.ntnl 7\.2570 words
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Article190 1987-06-20 4 WHEAT FUTURES on the Chicago Board of Trade eased to close quietly mixed on Thursday, ranging from down 1-1/2 US cents per bushel in September to up one cent in December. July settled at U552.65-1/4 after posting a three-cent range on the day. Weakness in the US dollar, which190 words
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Article87 1987-06-20 4 THE PRICE OF TM yeeterdey roee tare cents to does at Msllt2 per kNo. T reding remained Inactive with eome Jepeneee ■•'J u>v repeen spot tin ctoee atoo td tofmee at the opening price of MslC.to while sellers oftered only 44 tonnee. Most miners stayed on Vie sidelines87 words
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Article108 1987-06-20 4 SOYBEAN FUTURES in Chicago on Thursday weakened late to close on or near the lows, down nine to 13 US cents per bushel in moderate trade. New crop November broke through technical support around the US$6.OO level to settle at US$5 93 after posting a 19-cent range on the108 words
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Article159 1987-06-20 4 SINGAPORE The market closed lower yesterday with July 1 RSS buyers quoted at 207.50 cents/kilo, down 1.90 cents from Thursday. On the TSR-20 market, trading was very quiet all day and prices eased slightly due to lack of interest. TSR-20 July and August closed at 176.50 cents/kilo, both down159 words
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Article272 1987-06-20 4 RAS prices ms ccnte/kg, NhW IM NOON CLOSE tat 1 RSS Promt it 210.00 211.00N 209JO 210JON bit 1 RSS July 87 206.00 208.50 207JO 206.00 Int 1 RSS Aug 206-50 207.00 ***** 206JO tat 2 RSS Of 200JO 202.50N 200.00 *****N bit 3 RSS Of *****272 words
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Article83 1987-06-20 4 (cartt/kg, 1-ton poNaH) JIXY 87 AUGUST 87 (currant month) (fofworc 1 month) NOON NO ON RAS Ivyan Slim lvy«o S»l>n SSI 20 180.00 182.00N 180.00 182.00N SSt 50 179.00 180.00N 179.00 180.00N MRELB s#lt#n tvyri 5 H #0 SMt CV 258.50 260J0N 259JO 261 JON SM» L83 words
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Article268 1987-06-20 4 Man noon dMtag pric Juno 19 (SI/100 k«) a* on Coconut oil M rot 91 J00 Old drum KM 101X10 Now drum FOt 105 XX) Copra (oaw) 53 Pepper FOt NLW 117X50 FOt foq NIW 1157 JO Sarawak Modi FOi NLW ***** Sorow-ah Alia block FOi NLW Hlru4268 words
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Article324 1987-06-20 4 London Commodity Exchange Ivyvf/Silif doting priCM on M«o 18 (£/*anna wri ipodftod). doting prtca m In CQOii fcotii b-»tor» London OF London mMoo option My 1240/1245 H*./U~ (1265/1269) 1257/1230 s.p 1252/1255 (1288/1290) W*/U>w MM 1280/1250 (5827) COCtH My 1276/1277 H^i/low (1284/1285) 1281/1276 fap 1254/1255 (1260/1261) Hgh/L»w 1260/1254 Solo*324 words
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Article273 1987-06-20 4 HONGKONG: GoW closed firmer in (airly active trading yesterday mainly on local short covering. The metal ended at U*****.30/80 an ounce compared with New York's U*****.50/U*****.00 ctoee and Thursday's doee here of U*****.8(VU*****.10. On the local market, gold roee HK$B to end at HK54.205 a tael Coins were273 words
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BANKING AND FINANCE
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Article58 1987-06-20 5 THE OVERNIGHT rate on the Singapore interbank market cloeed 15/16 point higher at one per cent yesterday. One and two months cloeed unchanged. Three months shed 1/16. S$ Interbank rotes at 7pm yesterday: own uo o— I lHMfltft 4 1/4 4 1/e 7-momts 4 3/8 4 1/4 358 words
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Article77 1987-06-20 5 Treasury bills Period Issue Yesterday's dosing Day's code Maturity WO OfFW HK» LOW 3 months BQ*****E 17.09.87 270 2.60 2.58 2.58 6 month* BS*****E 10.12.87 2.80 2.70 276 2.75 Government notes and bonds Period Issue Maturity Coupon Yesterday's dosing Day's code rate M0 OfffR HIGH LOW 277 words
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Article, Illustration181 1987-06-20 5 limßmln flfce ivtfiQt of ft# prima Iwdlng rata* of 12 major tanks In Singapore Average of prime or equivalent lending rate on June 19 London 9.00% Hongkong 6.5 Now York 8.25% Bangkok 115% Tokyo 3.375 Jakarta 20 Zurich* 3.5% Koala Lumpur 775 Fronkfurt* 3% Manila 15 Sydnoy181 words
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Article826 1987-06-20 5 SINGAPORE: The US dollar closed marginally lower against most currencies yesterday, after fluctuating narrowly in quiet trading due to a lack of any new market-moving factors and ahead of the weekend. Dealers said that Japanese Finance Minister Kiichi Miyazawa's remarks that his ministry was still asking institutions to826 words
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Article198 1987-06-20 5 ASIAN DOLLAR deposit rates closed little changed yesterday at opening levels in very quiet trading. Among short dates, overnight closed at 6-7/8 6-3/4 per cent, down 1/16 point from Thursday, while week-fix was unchanged at 6-15/16 6-13/16. If )t£f itiM us$ 7 doyt urrxx 7 6 7/i198 words
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561 1987-06-20 5 Reuter SOME major Japanese institutional investors are gradually returning to investing in US Treasury bonds, although fear that the dollar has not yet bottomed out has Kept others cautiously waiting on the sidelines. Trust banks and some investment trusts are startingReuter - 561 words
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188 1987-06-20 5 FT YUSUKE KASHIWAGI, chairman of the Bank of Tokyo, Mid on Thursday that a consortium of Japansss banks had agreed on terms to provide new money to Argentina, clearing the way for an international refinancing deal with Buenos Aires. He said ths internationalFT - 188 words
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Article518 1987-06-20 5 EURODOLLAR futures turned slightly bearish at the opening in Singapore yesterday in line with a weaker dollar on foreign exchanges. The September contract opened 3 ticks lower at 92.54 and was sold off to 92.51 in the afternoon in reaction to a Japanese official statement that Japanese insurers would518 words
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Page 5 Advertisements
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Advertisement1429 1987-06-20 5 Am ASIA BUILDING SOCIETY LIMITED AND ITS SUBSIDIARIES TMf GROUP (Incorporated la Tkr Republic of Singaporr) BALANCE SHEET AS AT 31 ST DECEMBER 1986 TMf COMPANY TMf GROUP TMf COMPANY SHARE CAPITAL STATUTORY RESERVE UNAPPROPRIATED PROFIT TOTAL SHARE CAPITAL AM RESERVES DEFERRED TAXATION LONG-TERM LIABILITIES Deposits maturing alter 12 mths1,429 words
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INTERNATIONAL STOCKS
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Article143 1987-06-20 6 Reuter J SAINSBURY PLC has agrssd to take control of the US Shaw's Supermarkets Inc through a combination of share purchases snd s tender offer st US$3O a share. Seinsbury bought about 21 per cent of the stock in 1983. It said its US subsidiary,Reuter - 143 words
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Article112 1987-06-20 6 Reuter THE US Securities snd Exchange Commission began proceedings in which it will consider allowing options trading on exchange-fisted securities on more than one optione market In a three-nil decision, the SEC voted to seek public comment on a proposed rule removing restrictions that prevent theReuter - 112 words
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142 1987-06-20 6 Reuter A SPOKESMAN for Unilever PLC declined to comment on market rumours that It may be considering a bid tor the US health care group* the Gillette Co. Gillette shares are traded on the over-the-counter market in London and on Thursday morning stood US$lReuter - 142 words
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Article95 1987-06-20 6 Reuter BRITISH PETROLEUM Co PLC shareholders have approved a proposed issue of warrants in connection with Ha taking full ownership of Standard Oil Co of the US. BP had agreed to isaue the warrants in settlement of varioue US class actions brought over its purchaseReuter - 95 words
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389 1987-06-20 6 Reuter PRICES on the New York Stock Exchange closed slightly higher in moderate trading on Thursday. The Dow Jones Industrial Average rose 0.78 point to a record 2,408.13. Advances led declines 780 to 724. The average price per share was 30 cents higher. VolumeReuter - 389 words
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Article161 1987-06-20 6 Ml k unen WW riyr AfeMM as* -1* J» Off 25V i -ft IB mowm—«« a in uncft ft Hmmm* Km n biji a** nm tan..... ir* ■SSL a Bank Of Martrval m ft H55Vcr Ml Ml 321 3B1 ffti 321 Ml I -ft I 1 ft Ml Canada..161 words
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Article227 1987-06-20 6 JUNO M RAND +h TongMt 1940 +tt Truct Ml 240 0 UnSM. 77^ A Alpha 1700 uneft MM AMrcooi 310 *> AMt 1825 unch *■■>■■■:• AflMNt. ISO unch Aug»—I *****8 AMCJ:: «400 iM* gssr «-5 BwtoM. BOO -10 BmM*. 7300 unch CQMk 4000 unch Owmr ant +100 CHA. 440227 words
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Article472 1987-06-20 6 jum 18 UB t ♦1. Ajcan AhMtfn 35 unoh 15% AMad 81a. 4» AUto CI Awn Am Brands Inc 3 47% Am Can Co Am Cyiotmkl Am Emc Pwt Am Homa Prod 49% 27% 98% 83% -44% -tt 4% 21% unc* 37% i i 10% unoh 23% a472 words
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Article410 1987-06-20 6 Amsterdam AM 1* ABN M 466 00 A -6 Aaoon 91 JO 0.7 AhoM 93 90 ■0 3 Afczo 141 20 •1 146.90 0 1 AMEV AmroBanfc AM SM Barfca* 04 JO 7310 123 90 19 -02 •0.0 02 -0 3 B0L8 Boraumi| Buahrman TaOat Calva ***** 127410 words
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193 1987-06-20 6 Reuter SAW Berisford PLC. which has attracted takeover bids, is making every poeeibie effort to remain independent, deputy chairman Henry Lewis said after the company announced interim results. "We've taken specific steps to strengthen ourselves for this purpose," he added, referring to management changee andReuter - 193 words
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Page 6 Advertisements
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Advertisement578 1987-06-20 6 Wtere to wiae, iiitte and eaterta!* «K TIOCHEW PORRTDGF BUFFFT $5 SO $5; ujrv'hnmrtt/ ri person/ You can enjoy savoury'homety Ashes such as braised pork 9 steamed stuffed bran curd 9 sambaf bnrjal 9 fried salted fish 9 sauteed chicken with mushroom 9 sauteed ca oao omeieite fried black pomfret578 words
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Advertisement230 1987-06-20 6 London stocks on Pago If Ride in for the American Bonanza! At the Crown Prince Hotel from 20 June to 11 July, there's good oP fashioned American cookin' at the Cafe de Prince. With a buffet lunch and dinner, a special US beef a la carte dinner menu, and an230 words
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ASIAN STOCKS
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Article306 1987-06-20 7 HONGKONG: Share prices closed near the day's highs yesterday after oversees buying reversed early profit-taking. The Hang Seng Index rose 31.90 points to 3,165.64 after dipping four points at midday. The Hongkong Index roee 19.82 points to 2,045.97. Turnover was HK$l.24 billion against Thursday's HKSI.2S billion. Brokers said heavy306 words
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Article219 1987-06-20 7 JUNK 18 NT« Kuochan Dav 33.50 0.2 AN Sincara Indus.... 4.51 -0.03 0.1 0.5 1.5 •0.1 -0.2 -0.2 •0.3 Laa Chang Yuan Cham Indus 37.00 08 68 50 Uan Hwa Indus 24.30 •0.2 Nan Ya Plaa 44.20 -0 1 Cons 30.30 0.1 CMa KtoJn cimoot Chin Main Flour .43.30219 words
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Article399 1987-06-20 7 TOKYO: Prices plunged under selling pressure yesterday. Trading was active. The Nikkei Average, which lost 178.87 yen on Thursday, shed another 462.43 yen to close at 25,288.12 yen. The TSE Index of all listed stocks was down 47.01 points at 2,174.81. An estimated 1.1 billion shares changed hands in399 words
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Article90 1987-06-20 7 JUNC 1* pesos Otantal 8 -.006 +0 006 ...0 1150 0 006 Acois Mining Phi la* B ...059 +002 Anglo Phil 0.01 unch Pteoo B Apax Mining B Attn Con. 1. 24 PLOT 627 50 -7 5 Baguto Gold 0.0066 unch San Mlguat B 200 +10 Basic Patrolaum 090 words
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Article424 1987-06-20 7 SYDNEY: Australian stocks closed mixed in quiet trading as falls among blue-chip industrials and leading miners offset support in the gold sector. The All Ordinaries Index and other figures were unavailable due to a malfunction in the exchange computer system and brokers said they were "flying blind" all day.424 words
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Article127 1987-06-20 7 JUNE 19 Won KAl K—Q»— 1 U30 +30 «d ***** •900 CM Sxgor ***** 500 UMMr. Katan M_ ***** -400 ***** -1310 (-Tor* 2260 -70 1415 -3 DoaAa tad Dw— r —r II 11)0 1 MM -10 Koroo Un| Ludry Ud_ MM Dong Ah Phor Dong S* Sta«*_ I127 words
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Article157 1987-06-20 7 Reuter BANGKOK: The Securities Exchange of Thailand Index was up 3.75 to 281.68 on turnover of 2,774,331 shares worth 536.95 million baht. Reuter AIM It Ao Kham Thai BANT Saha Union 3t6 1061 16 60 Ayudhya Inveatman Bangkok Agro-lnd Bangkok Bank t fit 131 296 unch 12 unch SlamReuter - 157 words
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Article71 1987-06-20 7 Reuter MITSUBISHI Electric Corp plans to assemble personal computers in the US to countered the impoeition of a 100 per cent import tax in April and a drop in profits due to the yen's appreciation against the dollar. It will assemble 16-bit MP-286 andReuter - 71 words
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196 1987-06-20 7 Reuter RON BRIERLEY's Industrial Equity Ltd (lEL) and Allan Hawkins' Equiticorp Tasman Ltd have each unveiled increased stakes in CSR Ltd's takeover targets, Pioneer Sugar Mills Ltd and building products group Monier Ltd. lEL said in a stock exchange notice that itReuter - 196 words
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Article106 1987-06-20 7 Reuter WAH KWONG Properties Ltd has bought 25 million ordinary and two million preference shares in Chinese Estates Ltd tor HK$4B.BO million. It bought the shares from underwriters of a recent rights issue by Chinese Estates. The price for the ordinary shares represented a 37.3 perReuter - 106 words
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109 1987-06-20 7 AFP A STRIKE by cockpit and cabin crew unions of Japan Airlines entered into the second day yesterday. halting 84 international and domestic flights. A JAL spokeeman said about 12,000 passengers had been affected with the cancellation of eight of the scheduled 44AFP - 109 words
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102 1987-06-20 7 Reuter MITSUI and Co Ltd paid US$l.5 million in early May for a 5 per cent stake in Zoran Corp, a Califor-nia-based maker of large scale integrated circuits (LSI) with computer graphic, communications and medical applications, a Mitsui spokesman said. He saidReuter - 102 words
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Article312 1987-06-20 7 NYT US FEDERAL officials said on Thursday that they now believe that the Toehiba Machine Co sent a second illegal shipment of four giant propeller milling machines to the Soviet Union in April and May 1964. This is the first evidence of a long-term business relationship betweenNYT - 312 words
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Page 7 Advertisements
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Advertisement728 1987-06-20 7 Wircre to wim, dla mil eaMili s Sunday Brunch: A great family outing. If s a wonderful way to combine a late breakfast with an earty lunch on a lazy Sunday. Sausages, bacon, eggs any way you want them oysters, smoked salmon, tasty entrees, roast... right through to pastries, puddings,728 words
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Advertisement173 1987-06-20 7 ENTERTAINMENT v HIGHLIGHTS m* 1 4 PHILIP^ TCrt The Popuiar x I UV/ local soloist \X For your sentimental moments HAPPY HOURS 12 noon Bpm m DISCOUNT or bottle rates and premium brands Plus l Buy on* and gat one tree (CAIHNHILL HOTEL) 19 Cairnhill Circle. S'pore 0922 Tel: *****22173 words
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FEATURES
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491 1987-06-20 8 AS CONCERN mounts around the world over the safety of the 1968 Olympic Games to be held in the highly tense city of Seoul, it's surprising that little initiative has come from South Korea to safeguard its estimated US$3 billion investment in491 words
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Article, Illustration880 1987-06-20 8 SIRIPORN BURANAPHAN - Export success leads to shortage of cutters and stones By SIRIPORN BURANAPHAN Reuter THE THAI gem industry could fsll victim to its own brilliant export success as demand for jewels from Bangkok outstrips the number of cutters end rough stones needed to produce them. SelesReuter - 880 words
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117 1987-06-20 8 letters to the Editor Deer Sir The current practice of trading only in round lots of 1,000 leaves much to be desired. Odd lot shares after bonuses or rights are virtually untradable. In major bourses like London and New York, odd lots are117 words
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Article144 1987-06-20 8 Deer Sir I agree with Mr George Thia's observation that in valuing the worth of transferable subscription rights relative to the value of the respective ordinary shares, one should also consider the tendering of fullypaid loan stock in lieu of cash. (BT June 6-7). However, the144 words
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Article107 1987-06-20 8 Deer Sir I refer to your Shipping Times report on tax exemption for bare-boat charter income on June 9 and shall be pleased to be enlightened on the following two points: (i) Is the ruling from the Ministry of Trade and Industry effective from the date of the107 words
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294 1987-06-20 8 R T - R T Deer Sir The letter from OW Distant on some problems that are likely to be encountered with the implementation of the new SES rules has pointed to the need for a very careful study to be made before294 words
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Page 8 Advertisements
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Advertisement58 1987-06-20 8 BT wdcoiiMi totters from raadm. Your lattars must incHido your signature, full nama, tddriss, ind horns numbars, if any. You may add a pseudonym, if you i Addross your lattors to: Tha Editor. Businoss Timos, 390, KHn Sang Road, Singspora 0923. Tighten- up your game Lot Sevvy Ball ester os58 words
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Page 8 Miscellaneous
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Miscellaneous776 1987-06-20 8 CRYPTIC PUZZLE ACROSS 8 Be the tailor of and head towards (4, 3) 9 Furious, so turn on the birds (9) 13 Plus a lady making a comeback (5) 14 An alarm signal, to a girl (5) 15 Long term about to be shortened for an instructor (7) 16 To776 words
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Miscellaneous47 1987-06-20 8 BriSto^rrFmi^l^ f\ To G»LADD6/sI the, Birds s«ng. &ees Buzz -O" T#,w -Y r C 2-7*' pa i* %11 X &V -—\fc N 6Xl' gTX 1 LAmbS GAMBOL AND conrrauifcjes MeAD a iwe Fici-DS FoR TMS station nxso' fS5 rT U3t>' oEvenm9 Standard Co ltd '»M t»»7 -14-2547 words
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Executive Lifestyle
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Article312 1987-06-20 9 WRONG NUMBERS dialled through facsimiles are to be expected now and then but one recent incident beats explanation. A colleague was asked to send some material to her contact. She asked if she could send it by fax. Yes, the contact said and gave her a312 words
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Article262 1987-06-20 9 TRENDS PBS, Rie "cultural" US pubic broedciooHwg elation blowing qmiy progrommoo, had enough trouble will Mia Cwmwi»a> itooul the 9 Mas ona way or Ma diar< M than come pomofriphy. Porn on PBS has a certain ring la R. And R PBS avar wealed la262 words
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Article, Illustration646 1987-06-20 9 SHAHRIR ARIFF - p£A4^^ With SHAHRIR ARIFF "SORRY, NO BIKES." "But I'll pay full rate," I pleaded, argued, and than insisted. "Sorry, no bikes no bikes!" the car-park attendant raised her voice, pretty irritated by now. "Company's orders," she claimed. Convinced she was only doing her job.646 words
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Article, Illustration1868 1987-06-20 9 JESSICA LONG - By JESSICA LONG WALK DOWN River Valley Road towards tha junction at Clemencaau and you will trip ovar Kang, tha man behind Tong Mam Antlquaa 4 Crafts. Spilling onto the footpath from two shops pi lad high with apparant Junk, ara half rottan chairs, tha odd tabla1,868 words
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Executive Lifestyle: Entertainment, the Arts & Pursuits
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Article, Illustration1021 1987-06-20 10 RICHARD SEAH - HEALTH By RICHARD SEAH NUTRITION professionals in the Unitsd States are warning against what has been termed "a rash of fad diet books". They say these books are a waste of money and their diet plans are a health threat Warnings of this sort are1,021 words
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Executive Lifestyle
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Article, Illustration400 1987-06-20 11 MARTIN SOONG - PROMOTIONS •y MARTIN SOONG THE BRITISH love their history. C K Tang's loves businees. People love to be persons they're not. Put it all together and you've got Tangs' Bmt of British promotion, on till July 15. The curioe you see in the400 words
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Article137 1987-06-20 11 UFOs old documents sighted v CIIADT Mlml TAKES UFO enthusiasts in the US are now charging that for 40 years, the Federal government has harboured physical evidence of an earthly encounter with extraterrestrial creaturee. That startling report, dismiesed by sceptics and government officials as a laughable hoax, ia contained in137 words
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Article, Illustration330 1987-06-20 11 CHARLES SAVAGE - ART By CHARLES SAVAGE ARGENTINA'S famous five, a handful of tha country's "bast painters", have arranged a provocative show at the Hyatt Regency's Gallery 10-12 aimed as an encouraging, introductory nudge into the rich reserves of contemporary Argentinian art More than 40 works are on display, representing330 words
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Article595 1987-06-20 11 Sakina Dhilawala - wrfMffw try Sakina Dhilawala CINEMA: La RacMa (The Big Money). Today. (6.30 pm). Alliance Francaisa, 4 Draycott Park. A coupla, bored with their daily routines, give up their jobe to make the moet of their lives. They start off by holding up their neighbourhood supermarket. English subtitles. Admission by595 words
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Article, Illustration562 1987-06-20 11 JAIME LYE - CINEMA By JAIME LYE WANT TO VIEW the latest epitome of self-love? Look no further than Eddie Murphy, who brings new meaning to the old adage, "blowing one's own trumpet". One thing's for sure if he ever died and they did an autopsy, they'd562 words
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Article, Illustration366 1987-06-20 11 JAIME LYE - ty JAIME LYE IF BRAND NAMES do not ray you. one would recommend My New Partner, en understated French comedy that is ebeolutety delightful end certainly a lot more sincere than Axel Foley. Relatively unknown on the other side of the Atlantic, actors366 words
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Executive Lifestyle: Sports
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Article, Illustration858 1987-06-20 12 GOLF NYT BEN CRENSHAW, the Texan who sinks putts from everywhere, took advantage of near-perfect golfing weather on Thursday to gain a one-stroke lead over three of the world's best golfers, including defending champion Ray Floyd, in the first round of theNYT - 858 words
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212 1987-06-20 12 Reuter BRITAIN'S lan Woosnam experienced a sudden change of fortune as he swept into a fourstroke lead in the Belgian Open golf championship at Royal Waterloo in Brussels on Thursday. A 10-feet birdie putt jumped out of the hole at the 10th, thenReuter - 212 words
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Article294 1987-06-20 12 TENNIS AP PAM SHRIVER reckons she just needs s couple of breaks to go her way and she'll win that elusive first major tennis title. Standing in her way yesterday. however, at the US$2OO,OOO Pilkington Glass women's grass court tennis championships, was the daunting obstacleAP - 294 words
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Article, Illustration381 1987-06-20 12 MOTOR RACING Reuter WORLD CHAMPION Alain Prost said on Thursday that he did not like the Detroit Grand Prix and would not try very hard tomorrow to break Jackie Stewart's record for career victories in Formula One motorReuter - 381 words
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Article333 1987-06-20 12 Reuter COREY PAVIN, one of only two players who have won two PGA tour events this year, withdrew from the US Open golf championship with an injured back on Thursday after going seven-over par in the first seven holes of the opening round. Pavin,Reuter - 333 words
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Article, Illustration531 1987-06-20 12 MIKE THUMBA - BRIDGE By MIKE THUMBA AS HAS BEEN pointed out before, bridge is a partnership game and it is particularly so for the defending partnership. At times, even if your hand is absolutely useless, you may still be of great help to your partner by giving him531 words
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230 1987-06-20 12 YACHTING UPI THE 12-METRE YACHT Courageous. which twice captured the America s Cup for the US and now belongs to the Children of Boston, was welcomed on Wednesday to its new home at the Charlestown Navy Yard in Boston. Owner Leonard Greene donatedUPI - 230 words
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611 1987-06-20 12 Brian Miller - on TRrtCK ,11L with Brian Miller THE FORM FIGURES for his last six outings toll a story of consistency. Since opening accounts with a smart win over the Penang 1,400 m in October laat year, Hint Positively has never finished further than third611 words
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462 1987-06-20 12 RUGBY UPI THE FINAL of the inaugural rugby World Cup today it the game that moet people wanted the flair of France against the cold efficiency of New Zealand. It is the clash of the free-flow-ing style of the French TricoloresUPI - 462 words
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Executive Lifestyle: Personal Investment
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Article, Illustration812 1987-06-20 13 Ramesh Chandiramani - CURRENCIES ■byi Ramesh Chandiramani IN SPITE OF large cuts in domestic interest rates during the past two months, the Australian dollar has held steady above the 70 US cents level. And lately it has begun to inch upwards again causing confusion812 words
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516 1987-06-20 13 ART Sotheby's Research Department THE LIMELIGHT last week centred on major dealers' trade fairs held in London, regarded as some of the most important events of the art market calendar. The Grosvenor House Antiques Fair and the International Ceramics Fair Seminar, annual eventsSotheby's Research Department - 516 words
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Article1013 1987-06-20 13 RAMESH CHANDIRAMANI - COMMODITIES mm By RAMESH CHANDIRAMANI WHEN ANALYSTS talk about the impressive recovery that has taken place among Malaysianbased commodities, they usually restrict their analysis to rubber and oil palm. Much has been written about the two wonder crops, but little mention has been made of1,013 words
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Article, Illustration438 1987-06-20 13 RC - rHA RT P 11| T li I EM n .iivukYuijiur IV I by RC MUCH TO THE disappointment of interested investors, the significant re-rating accorded to isolated parts of the locallylisted construction sector stocks has still not spilled over to the other issues yet. The438 words
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427 1987-06-20 13 Ramesh Chandiramani - STOCKMARKET Keeping track... *V Ramesh Chandiramani THE GRAND SUCCESS of Sembawang Maritime Lid's new issue has got several local and foreign analyats thinking and talking about poaaibie re-ratings of marine sector stocks in Singapore and Malaysia. But stthough SML427 words
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Page 9 Advertisements
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Advertisement28 1987-06-20 9 Buying power c- r V. r*\ i 1/ 11 i I*l/1 A i'] I Real buying power at your fingertips. Call 732 2244 for an application form today.28 words
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Advertisement85 1987-06-20 9 The Hour Glass Singapore's premier watch boutique with the largest range of watches in 5 convenient locations When you shop at The Hour Glass you shop with confidence. You're assured of the absolute authenticity of every timepiece you buy, of professional advice, competitive prices, international guarantees and after-sales care. hh85 words
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Page 10 Miscellaneous
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Miscellaneous2696 1987-06-20 10 SlOiS 10 WATCH Food, romance and a pot-boiler TOOAY: There's little to keep anyone home tonight, with Jtog* At Dawn (8.30 pm, Channel 12) just barely keeping the eyelids open with the antics of Randolph Scott in a routine Western hunting down a gang of outlaws. Made in 1955, his2,696 words
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Page 11 Advertisements
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Advertisement22 1987-06-20 11 Become best friends :-k ir m mm <r -!S 2§ £i 3 0 H PETER LAI JEWELLED PETER LAI JEWELLERY PTE LTD22 words
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Page 13 Advertisements
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Advertisement212 1987-06-20 13 BT welcomes investment to: The Editor, Pereonal I Investment, Business Times, 390 Kim Seng Roed, Spore 0923. The Australian Nugget. 9999 fine gold. "In my job. I can't afford to take chances. Leaping through windows and jumping off buildings need good planning....and a little bit of luck. That's why I212 words
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SHARE INFORMATION
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Article, Illustration4206 1987-06-20 14 SHARE PRICES cloud mixed for the Mcond day running yesterday as prof-it-taking on the approach of the weekend pared gains made earlier in the day. The Straits Times Industrial Index closed 2.22 points higher st 1.237.39 while the BT Composite index gained 0.03 point4,206 words
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Article245 1987-06-20 14 SINGAPORE Rises 1 ndlcM Jwa IS •T Caaipaafta Jwa 19 Tram* «Mhm 430 70 111 1j0* *****9 UM Dim. MO 30 ST OS/OS -St -73 «Ml 2S4 303 1« IT CAB -MU •5402 fmkwmr HXM 330 I* »T 10 4a> MA ■5*97 -5704 •WIMM 514 l« STOtV245 words
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Article3963 1987-06-20 14 BID and offer prices officially listed and buainaaa in and reported to tfta Stock Exchanga of ywuroty wnn rn# number of shim trtdtd shown In bracfcoli In lots of 1,000 unto union othtfwiM opodflod. All Tlma ft m aal ant iimo ofuiffTiffii wxiuiva tri quoted3,963 words
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Page 14 Advertisements
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Advertisement10 1987-06-20 14 KL mark*! report, ButintM don# on th« KLBE, Pago 1510 words
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COMPANY NEWS
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414 1987-06-20 15 MBT AOKAM TIN has acquired a 5.2 par cant stake, or 4.7 million shares in Granite Industries, its first venture into properties. Granite's businesses include quarrying, property development and recreational activities in Johor Baru. Aokam said the Granite shares were purchased fromMBT - 414 words
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278 1987-06-20 15 MBT DAYAPI Industries (Malsysis) can expect better group operating results this year if the current improvement in the Malaysian economy maintains its momentum, chairman Tengku Meriam said at the company's AGM. She took over as chairman of Dayapi from Datuk Yap Peng who resignedMBT - 278 words
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Article126 1987-06-20 15 High Low plans to diversify MBT CASH-RICH Highlands and Lowlands intends to venture into businesses that will provide it with long-term growth and development as the group cannot depend on plantations alone. Chairman Dr Syed Mahmood bin Syed Hussain said the group had over Msloo million in fixed deposits andMBT - 126 words
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479 1987-06-20 15 HOMER CHEN - Offer subscribed nearly 20 times By HOMER CHEN TRADING in Sesdaq's newest arrival, Wah-Chang Electro-Plating Lid (Wepco), is targetted to start in early July, according to Mr Harry Ong, assistant director of Singapors Intsmstionsl Merchant Bankers Ltd. lead manager of Wepco's offer479 words
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Article285 1987-06-20 15 Bername ES TIN GIANT Mslsysis Mining Corporation (MMC) says it is unlikely to proceed with the takeover of the Sungei Lembing mine in Pahang. Replying to queries from the Kuala Lumpur Slock Exchange yesterday, MMC said Ma was in view of the unresolved legalBername ES - 285 words
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Article2799 1987-06-20 15 BID and otter 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 at 1,000 units unless otherwise specified. INDUSTRIALS aom ao filnomnto 0446 r A Alcoa 007$) (222,799 words
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Article756 1987-06-20 15 LONDON equity prices continued the downward trend yesterday morning with profit-takers leading the way lower. There was still disappointment that overseas buyers had not entered the market in the expected numbers following the Conservative Party's election win last week. Dealers said Thursday's batch of UK data pointed to756 words
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Article136 1987-06-20 15 UNITED PLANTATIONS Bertie* 66th AGM at Jendarata Estate. ***** Teluk Intan, Malaysia, today at 10.30am. HOTEL MARCO POLO UrnNad: 14th AQM at The San Marco Room. Hotel Marco Polo. 247, Tanglin Road, Singapore 1024, on Monday, June 22. at 10.30am. AUSTRAL ENTERPRISES Berttad: 18th AGM at Raya Room,136 words
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73 1987-06-20 15 Reuter PROMET BHD and Ha 19 creditor banks have agreed in principle to reechedule its debts, a senior company official said. "The banks basically are going through our restructuring documents and we expect to see something next month," financial controller S K Lim saidReuter - 73 words
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400 1987-06-20 15 BUYING SUPPORT in the afternoon enabled the Kuala Lumpur stock market to finish mixed in fairly active trading yeeterday. A dealer aaid blue chipe had softened slightly but the market was still fundamentally healthy. Investor* appeared to be switching their intereet to speculative counters400 words
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Article107 1987-06-20 15 HONGKONG Hongkong Index Fridoy *****7 Thursdoy 2026 15 WMk ogo 2023.23 Hong Song Index Friday *****4 Thursday 3133.74 WMk ogo 3129.06 All Industrials Friday Lbtav Thursday 2615.3 WMk ogo 2643 0 NEW YORK Dow Jones Thursday 2406.13 Wednesday *****5 WMk ago 2360.13 TOKYO Nikkei Avorogo Friday ***** 12107 words
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Article251 1987-06-20 15 Managers' price* MARA-Bumiputra for June 20 22 Firft B'putro 6J0 6 AS Singapore Unit Trust Second B'putro Third B'putro 612 4.17 448 473* The Comm 111 i ir Fourth I'putro S.44 54T Tha Savings Fund ON 102 Fifth B'putro 363 368 Spore frog Fund 0 46 050 Sixth251 words
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Page 15 Advertisements
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Advertisement58 1987-06-20 15 APPOINTMENT INTERNATIONAL TECHNICAL SALES Singapore based Representative (Expansion Joints Bridge Components), Pacific Rim Territory for Canadian manufacture. Education-Engineering Technical Diploma. Minimum 2 years sales exience; Mandarin, Cantonese, English mandatory. Stephen Hope The Dennis Group 2 Bloor Street West, Suite 802 Toronto, Ontario Canada M4W 3E2 For quick reply, tel. or58 words
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Advertisement225 1987-06-20 15 CH NOTICE OF RESOLUTION Hop Soon Hardware Sdnßhd (In Voluntary Liquidation) At an Extraordinary General Meeting of Hap Soon Hardware Sdn. Bhd. duly convened and held at 38-B Hong Kong Street, Singapore 0105 on the 14th Jane 1967 the following resolutions be passed as Special Resolutions: "That the Company shall225 words
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503 1987-06-20 16 Reuter SOUTH KOREA will plunge deep into social chaos if the present political turmoil is allowed to continue, Prime Minister Lee Man-Key warned the nation yesterday. Mr Lee said on television the government would inevitably take "extraordinary stepe" if law andReuter - 503 words
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328 1987-06-20 16 ANNA TEO - ■y ANNA TEO CONCERN over the European Community's proposed levy on imported vegetable oila and fats had been deecribed es unjustified by its Commissioner Claude Cheyseon yeeterday. To reject the levy, part of an overall policy to tackle the EC'e328 words
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503 1987-06-20 16 ZHOU MEI - Sfltißklh ASEAN MINISTERIAL MEETING/ MINISTERIAL CONFERENCE 1987, Singapore <r'* .'A V By ZHOU MEI THE ASEAN-US Initiative (AUI) which hat bean in limbo in the laat few yean has been successfully reactivated at this year's Aaean Poet Ministerial Conference. Baaically, the arrangement would provide for503 words
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Article, Illustration458 1987-06-20 16 LOH HUI YIN - By LOH HUI YIN JAPAN WANTS to take its relationship with Asesn to a new plane, involving cloeer coordination on the economic and political fronts. Ths nsw rslstionship, described ss "Partnership with a Global Perspective", waa announced by its Foreign Minister Tedaahi Kuranari458 words
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181 1987-06-20 16 THE FORMIDABLE Japenees tariff system was brought up by Singapore's Foreign Minister Mr S Dhanabalan when Aaean members held cloood door discusslons with the Japaneee Foreign Miniater at the poet-ministerial conference yeeterdey. Mr Dhanabalan pointed out that under the tariff structure Aeeen goode181 words
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255 1987-06-20 16 Bernama FORMER MCA acting president Datuk Dr Neo Yee Pan is making a comeback to active politics, disclosing that he will contest a party leadership poet in the party's general assembly next month. He said yesterday he would only announce theBernama - 255 words
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183 1987-06-20 16 Bernama MCA DEPUTY President Datuk Lee Kim Sai said yesterday he was willing to meet any quarters, including Umno youth leaders, to explain the MCA's stand on the deposit-taking cooperatives (DTCs) issue. Saying that the MCA's stand hsd been misinterpreted by certainBernama - 183 words
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463 1987-06-20 16 AN INTERNATIONAL press freedom group yesterday met Communications and Information Minister Dr Yeo Ning Hong and was tokJ that the recent curbe imposed on the circulation of Time Magazine and the Aaian Wail Street Journal had nothing to do with freedom463 words
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278 1987-06-20 16 DEMONSTRATORS pressing for the reiesss or the bringing to trial of the 16 people detained last month under the Internal Security Act picketed the Singapore High Commission in Manila yesterday. According to news agencies, those who demonstrated were human rights advocates and church278 words
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78 1987-06-20 16 Reuter GOVERNMENT moves to curb capital inflow haw temporarily helped alow the riae of Taiwan's foreign exchange reeervee and stabiliee the local dollar against the US currency, officiate and bankers said yesterday. Central bank governor Chang Chi-Cheng said the reeervee rose only about US$5OOReuter - 78 words
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Article56 1987-06-20 16 Bernama FORMER Malaysian prime miniater Tunku Abdul Rahman haa been named the 1967 Outstanding Malaysian by Aliran, the social reform movement Aliran executive committee member Ariffin Omar said the Tunku waa chosen becauae of his outstanding contributions to the country in promoting racial harmony, democracy and a "saneBernama - 56 words
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LATE FILE
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Article66 1987-06-20 16 AP A FORMER chairman of ma Overseas Trust Bank, which was takan ovar by tha Hongkong govarnmant in 1965, was sentenced to two yaars in jail by tha High Court yaatarday for publishing falsa bank account statamants. Huang Tiong-chan, 71, had piaadad guilty to two charges of publishingAP - 66 words
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Article45 1987-06-20 16 Reuter MALAYSIAN Prima Miniatar Mohamad Mahathir, praaidant of a Unitad Nations confaranca on drug abuaa. yaatarday strsassd his country's commitment to execution of druga traffickers of whatever nationality and criticised other governments for failing to take narcotics abuse seriously. ReuterReuter - 45 words
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Article63 1987-06-20 16 UPI THE main Indian opposition party Lofc Dai (B) defied all torecaats and stormed to an absolute majority over Prima Miniatar Rajiv Gandhi's Congrass (I) party in Haryana stats assembly alactions. results showed ysstsrday. Such was tha magnitude of tha win that all but ona of tha statsUPI - 63 words
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Article51 1987-06-20 16 Reuter JAPANESE commercial creditof banks have confirmed an sarliaf commitmant to extend soma US$36O million in naw loans to Argentina, banking sourcas said. Tha commitmant will raprasswt a part of tha 11.66 billion in naw loans to Argsntins agreed to by 360 banks worldwide last April 24.Reuter - 51 words
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Article33 1987-06-20 16 Rauter PROVEN oil and gss dapoails to Saudi Arabia increassd in 1666 daapito higher oil output, according to figures reIsssed yesterday by the kingdom's main producing company, Aramco. RautarRauter - 33 words
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Article38 1987-06-20 16 Reuter THE International Labour Organisation, overriding western government reservations, voted yeeterdey for mandatory economic sanctions sgainst South Africa that would slop trads, loans, inveetment end deelings with Pretoria on the world gold merfcet ReuterReuter - 38 words
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Article63 1987-06-20 16 Reuter AUSTRALIA'S Conservative opposition, fighting en uphill election bettle. faced e controversy yeeterdey within its own ranks over a poeeibte error in its major tax-cutting programme. A spokeemen for the opposition Liberel Party said it was re-examin-ing the programme, which forms the cornerstone of the party'sReuter - 63 words
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Article24 1987-06-20 16 Bernama NATIONAL Insurance Company Bhd. Brunei's lergeet local ineurance firm, hea launched en exteneive programme to revamp ita operations BemamaBernama - 24 words
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Page 16 Advertisements
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Advertisement22 1987-06-20 16 Why were you born? Purpose and reason for our earthly life. Free literature: The Universal Life, dept 4, Postfach 5643,8700 Wurzburg/West Germany.22 words
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Advertisement0 1987-06-20 16 &-/.<(??.>~*_!$?!$@,'[:%,+(^-$;0 words
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Advertisement163 1987-06-20 16 8m Pag* 5 The University Melbourne Graduate School of Management Postgraduate Diploma in Management Studies The Graduate School of Management is a national management school offering postgraduate management education of the highest standard. Applications are invited for enrolment in its Postgraduate Diploma in Management Studies program of 1988 This is163 words
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Page 16 Miscellaneous
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Miscellaneous21 1987-06-20 16 MM\m>W)WMrr 4RITFICWL INTfclil&tNCE N Vtm&Tm.SJPRL- i coKe&B>KßMecNe IM W WWUMmD NAIUBVL vs. <■3 a is. t J TECHNOLOGY. FRIDAY. BUSINESS TIMES.21 words
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