The Business Times, 16 June 1985

Microfilm: NL15061
Total Pages: 12
1 12 The Business Times
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  • Title Section
    Masthead
    12 1 BUSINESS TIMES M.C. (P) No. 99/1/85 SATURDAY, JUNE 15, I«5 60 CENTS
    12 words
  • Article
    Remisiers angry at tax department's new move
    772 1  -  Bank interest charges no longer a tax deductible expense By PENG AILIAN FACED with the possibility of demands for millions of dollars in income tax, remisiers on the Stock Exchange of Singapore are up in arms about what they claim is a change
    772 words
  • Article
    Lock icon Former Wardley executive charged in Carrian case
    131 1 Reuter A FORMER executive of Wardley Ltd was charged in court with conspiracy to commit fraud in connection with Carrian Investments Ltd, which collapsed in 1983. Mark Adrian Saunders-Da-vies was accused of dishonestly permitting a HK$64 million profit to be recorded on the
    Reuter  -  131 words
  • Article
    Lock icon Nakasone to visit West Europe amid tension
    273 1 Reuter PRIME MINISTER Yasuhiro Nakasone will make a 10-day official Visit to Western Europe next month at a time of mounting criticism of Japan's large trade surplus. Mr Nakasone, who went to Bonn for the summit of advanced industrial countries last M*y, would
    Reuter  -  273 words
  • Article
    Lock icon Tokyo GNP up by a real 0.1pc in January/March
    146 1 Reuter JAPAN'S gross national product (GNP) rose a real 0.1 per cent (base 1975) in January/March after rising an upward revised 2.4 per cent in October/December, the Economic Planning Agency of Japan said. Annualised GNP growth in the January/March period was
    Reuter  -  146 words
  • Article
    Lock icon White House: Reagan ia fine
    41 1 Reuter THE WHITE HOUSE said President Reagan was in fine health and would visit Baltimore for a flag day celebration. The statement came in response to rumours that Mr Reagan had suffered a heart attack. Reuter
    Reuter  -  41 words
  • Article, Illustration
    STOCK MARKET
    50 1 THE»BUjgaporertech marttei day, and Malayalaa-haaed eeaaters tarttig The BT Cempsstte Index last «.IS points taOSJI while the Strain Times Industrial Index surrendered 121 points ts TJM4. DaeUnes lad advaaass six te "fMtalMl analysts say the amrfcat Is heavily tvmM and a tirnhnirni rehannd Is widely expected next week.
    50 words
  • Article
    Implications of new rules on shipping in Indonesia
    347 1  -  By SHAHRIR ARIFF CHEAPER COSTS and a boost to business between Singapore and Indonesia could follow the introduction of Inpres 4/85, the new import/export regulations of Indonesia, although bureaucracy could still be a problem. A A Talumewo, project administrator of PT Unggul
    347 words
  • Article
    Lock icon Citicorp chief says Indonesia creditworthy
    117 1 Reuter INDONESIA'S credit rating on the world financial market is sound. According to the chairman and chief executive officer of-Ci-ticorp, John Reed, the Indonesian government was managing its foreign debt and current account very carefully. He said courageous government austerity measures started in 1983, designed
    Reuter  -  117 words
  • Article
    Lock icon Argentina to introduce new currency
    259 1 Reuter ARGENTINA yesterday •crapped the peso and Introduced a new currency, together with a freeze on wages and a retroactive price freese designed to halt inflation of 1,010 per cent. Official sources said the moves would be annminred by central bank president Alfredo Conception. The
    Reuter  -  259 words
  • Article
    Ka Wah a major creditor of Porsche importer
    438 1  -  By JEFFREY TSANQ HONGKONG'S Ka Wah Bank has been named as a major creditor of Porsche importer Ngo Hock Auto Spares which was recently placed under receivership and whose former managing director is being sought by the police. The importer of the
    438 words
  • Article
    Lock icon HK Bank denies Ka Wah rumour
    113 1 Reuter HONGKONG and Shanghai Banking Corp has denied a rumour on the Hongkong stock that it is planning to acquire a 49 per cent stake in Ka Wah Bank Ltd. Later, the bank spokesman said: "The bank denies it is making takeover bid (or
    Reuter  -  113 words
  • Page 1 Advertisements
    • Advertisement
      Page 1 Advertisements Column 1
      38 1 ASIAPRINT '85 4lh International Exhibition of Printing, Graphic Arts Equipment Supplies. JUNE 20-23 WTC SPORE 1905—1985 80 YEARS OF BANKING EXPERIENCE IN SINGAPORE TO SERVE YOU BETTER IB SANQUEINDOSUEZ 3 Shenton Way. Shenion House Singapore 0106. Te(: *****11
      38 words
    • Advertisement
      Page 1 Advertisements Column 2
      281 1 THE HDB's cor* contractor scheme will be continued after its initial three-year term expires this month. The board feels there is o "moral obligation" to keep it alive because core contractors hove invested millions of dollars in building equipment. Page 2 PRIME MINISTER Rajiv Gondhi has said that India is
      281 words
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      Page 1 Advertisements Column 3
      0 1 &;$+"|*~_!-$)<*|:'??*!/;{)-|-`{
      0 words
    • Advertisement
      Page 1 Advertisements Column 4
      133 1 JIW |„A, r, AifriMlon wi iiwxiOiiCi LxnDMon of Packaging Machlnwy Motoric* And Food JUNE 20-23 WTC STORE Doonesbury returns on Mondoy in Business Times. Leader, Page 6. THE MARK OF THE CHAMP... of The A-*"** This exclusive range of RAY FLOYD clubs are crafted to match the individual skills of
      133 words
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  • HOME NEWS
    • Article
      Core contractor scheme of the HDB to be extended
      509 2  -  By LEE HAN SHIH I, Property Correspondent THE HOUSING and Development Board's core contractor scheme will be continued after its initial three-year term expires this month. The board was vague about possible changes when the scheme was extended but said there
      509 words
    • Article
      Simei contract estimated at $35m
      348 2 THE HOUSING and Development Board's third special contract, for the design and construction of 1,000 flats in Simei Estate, is expected to be worth $35 million. This is based on the value of two similar contracts awarded since the special contract scheme was introduced in
      348 words
    • Article, Illustration
      Kodak seeks fresh outlets for its new cameras
      416 2 KODAK is focusing its new line of cameras on Time magazine's Man of The Year in 1962 the computer. Its latest line of camera equipment has such wide business and computer applications that Kodak Eastman's office in Singapore has, for the first
      416 words
    • Article
      Boustead gets MOE contract
      153 2 BOUSTEAD Engineering has won a |G90,000 contract to upgrade the Ministry of Environment's pumping station at International Road. In the first project of its kind for the engineering company, Boustead will install two pumps and supply and fabricate all pumping equipment and piping. The company's project
      153 words
    • Article
      German company clinches sewage treatment deal
      389 2 GERMAN company Deutsche Babcock Anlagen AG has won an $8.5 million contract to design and install mechanical sludge dewatering facilities at Ulu Randan Sewage Treatment works. This is the second Ministry of Environment contract won by DBA. It won a $3.5 million contract to
      389 words
    • Article
      Tour East to run travel centre
      114 2 INBOUND tour operator Tour East has been signed on by the Oriental Singapore to operate an inhouse travel centre in the Marina Square hotel. Tour East handles an annual average of 90,000 visitors to Singapore and an estimated 110,000 on its regular sightseeing tours.
      114 words
    • Article
      Crown Prince's anniversary discount
      272 2 RATES OF suites at Orchard Road's Crown Prince Hotel have been halved and existing discounts of 25 per cent on other rooms are being extended to celebrate the hotel's first anniversary. Until the end of this year, guests in the 303-room hotel's 15 suites will also
      272 words
    • Article
      Twelve public holidays
      80 2 SINGAPOREANS will have 12 public holidays next year, the Ministry of Labour says. The holidays are: New Year's Day (Wednesday Jan 1), Chinese New Year (Sunday Feb 9, Monday Feb 10, Tuesday Feb 11), Good Friday (Friday March 28), Labour Day (Thursday May 1), Vesak Day (Friday
      80 words
    • Article
      Vidal Sassoon cuts product prices
      314 2 ONE OF THE most drastic cuts of his life has just been made by king snipper, Vidal Sassoon for the prices of the hair care products bearing his name have been slashed almost by half. This is only possible as the line in question, Vidal
      314 words
    • Article
      NUS faculty keen to share R&D expertise
      390 2  -  •y FOO CHOY PENQ A LOOK at the staff list of the Engineering Faculty of the National University of Singapore could provide an answer for companies seeking skilled manpower to work on research and development projects. The faculty is smrions to collaborate with
      390 words
    • Article
      SHIPS IN PORT
      933 2 RECEIVING OF EXPORT FCL CONTAINERS A OdM NO LCL CARGO FCL Arrival LCL movement Ship Voy dato/tima Operator carg< »ch»dul> 1 .ocatton Vira Bhum 9N 15.6.85 2300 S'pore Shpg F1 1000-1100 N1 Tor Bay 23/524 16.6.85 0700 Mansfield F1 1100-1300/1800-1900 U3 Iris Ace 07A 16.6.85 0700 Sunship
      933 words
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  • OVERSEAS
    • Article
      Lock icon Tass hits out at US over Nicaraguan aid
      367 3 UPI Reuter THE OFFICIAL Soviet news agency Tass has attacked a US Congressional decision to grant humanitarian aid to Nicaraguan guerillas, saying it is a green light for direct military action against Nicaragua. President Reagan exerted unprecedented pressure and spared no efforts
      UPI; Reuter  -  367 words
    • Article
      Lock icon Reagan seeks aid for Jordan
      137 3 AFP US PRESIDENT Ronald Reagan has asked Congress to approve economic aid worth US$25O million for Jordan. With congressional backing, the assistance would be provided to Jordan before Sep 30, the end of the current fiscal year. Senior administration offi- cials had been saying recently
      AFP  -  137 words
    • Article, Illustration
      Lock icon Rajiv unwilling to buy American arms yet
      556 3 Reuter PRIME MINISTER Rajiv Gandhi has said that India is unwilling to make major purchases of US arms yet because it still mistrusts Washington's reliability. Shortly after US officials said on Thursday that Washington was willing to sell arms to India if New
      Reuter  -  556 words
    • Article
      DAILY AIRCRAFT MOVEMENTS
      803 3 ARRIVALS Operator SIWIC® Local timi From PAA SV CAL UTA SIA MK CV MAS KAL MAS MAS MAS AC PA2I SV379 C1333 UT3565 *Sc746 CV796 MH681 KE624 MH603 MH671 MH811 AC858 0020 0115 0150 0300 0605 0755 0615 0620 0640 0905 0935 0940 0940 LAX/TYO/ HKG SEL
      803 words
    • Article
      Lock icon Kaufman expects high rates
      190 3 Reuter SALOMON Brothers chief economist Henry Kaufman expects high real US interest rates to continue. He told a meeting of the Swiss-American Chamber of Commerce on Thursday: "I would not envisage a collapse of the real interest rates. They could collapse if inflation fell considerably but
      Reuter  -  190 words
    • Article
      Lock icon Forced removal of blacks in S Africa
      432 3 Renter FORCED removal of blacks in South Africa is continuing under apartheid racial segregation policies in spite of government pledges to the contrary. The National Committee against Removals (NCAR), a new group uniting four organisations opposed to relocation, said yesterday that more than
      Renter  -  432 words
    • Article
      Lock icon Book says 50,000 N-warheads being stocked or deployed
      466 3 AP Reuter THE WORLD'S five major nuclear powers have now stockpiled or deployed more than 50,000 nuclear warheads, according to a new book. The United States has deployed or stored its nuclear weapons in 28 states, on the island of Guam and
      AP; Reuter  -  466 words
    • Article
      Lock icon Denmark launches serious attack on Unesco
      318 3 AFP DENMARK has launched a serious attack on the efficiency of the United Nations Educational, Scientific and Cultural Organisation and warned that its involvement may be reduced if Unesco does not improve. In a letter sent on Wednesday to Unesco director General Amadou Mahtar
      AFP  -  318 words
    • Article
      Lock icon US move against money laundering
      151 3 Reuter THE Reagan administration has proposed tough penalties for individuals and financial institutions engaged in money laundering which encourages drug trafficking and other crimes. "We are taking this step to eliminate the huge profits reaped by those who deal in crime," Attorney General Eldwin Meese
      Reuter  -  151 words
    • Article
      Lock icon Call for closer look at food aid
      227 3 AP MASSIVE food sid to the hungry sad subsidised food exports by the developed countries are hurting the agricultural development of the world's poor countries. The World Food Council ssid yesterday that the problems of sid and badly needed development could not be
      AP  -  227 words
    • WORLD IN BRIEF
      • Article
        New group
        39 3 THREE leaden of organisations opposed to the left-wing Sandinista government in Nicaragua announced on Wednesday the creation of a new umbrella group to fight the regime. The new group is known as the Nicaraguan Opposition Union (NOU).
        39 words
      • Article
        Refugee issue
        49 3 VIETNAM has charged that Thailand is deliberately prolonging the presence of hundreds of thousands of Cambodian refugees to attract international relief funds. The official Radio Hanoi said on Thursday that Thailand was "deliberately maintaining the Cambodian refugee issue and mdng it as a commodity to make profit".
        49 words
      • Article
        French move
        44 3 THE FRENCH Cabinet on Thursday approved measures designed to attract increased foreign investment in France. The measures include simplification of pre-in-vestment procedures, negotiations with countries that have not signed relevant conventions with France, and a more aggressive campaign to lure foreign companies.
        44 words
      • Article
        Marcos pardon
        44 3 PHILIPPINE President Ferdinand Marcos grafted a presidential pardon on Thursday to a foreigntrained Muslim separatist guerilla commander and 106 of his men «1m surrendered recently. A presidential palace statement identified the rebel leader as Mohammad All Dimaalang, also known as "Commander Carding".
        44 words
      • Article
        Gift to gallery
        51 3 AMERICAN million*ire John Paul Getty II is giving £50 million to Britain's National Gallery, transforming it into a major rival to the Getty Museum founded by his father. Mr Jacob Rothschild, chairman of the National Gallery's trustees, said the gift was "more than we had ever dreamed
        51 words
      • Article
        Contacts
        50 3 POLAND'S ambassador to Belgium said on Thursday that he would officially reopen contacts belweeu the Soviet-led Comecon economic bloc and the European Economic Community. Mr Stanislav MstosHr said he would'deliver a letter to Jacques Detors, President of the executive commission that runs the EEC's foreign relations and other matters.
        50 words
      • Article
        Rebel warning
        64 3 SOUTHERN-based Sudanese rebels claimed on Thursday that they have launched guerilla operations in the north for the first time and warned foreigners to leave the African country for their own safety. The group's radio said: "The Sudan People Liberation Army has started the implementation of a new phase
        64 words
      • Article
        One more voice
        53 3 THE EUROPEAN Parliament added its own voice on Thursday to the wave of indignation at the recent soccer fan rioting in Brussels and demanded a common market law to curb spectator violence. The Parliament blamed the May 29 riotbig, which left 38 people dead, partly on "fascist
        53 words
      • Article
        Release for 21
        59 3 A TOP United Nations official said on Thursday that progress had been made in efforts to free 21 Finnish UN soldiers held by the Israeli-backed South Lebanon army, and sources said their release could be imminent. "The Finns could be released at any time," said a source
        59 words
      • Article
        Cooperation
        45 3 INDONESIA'S Minister for Research and Technology Yussef Habibie discussed the prospects for technological industrial cooperation between France and Indonesia during a meeting in Parts on Thursday with French Prime Minister Laurent Fabtor French sources said the focused specifically on telecommunications, space, and pdlroads. Agencies
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  • Page 3 Advertisements
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  • RAW MATERIALS
    • Article
      TEXTILES
      152 4 Yarn (In Hlts per bote of 400 fc) China corded yarn, cones Bkie Phoenix 16'* 2,600 Btue Phoenix 20"» 2,700 Bkje Phoenix 32'* 3,150 9uc Phoenix 4C* 3,500 Girded yarn, honk Bue Phoenix 21's 2,950 Combed yarn, cones Oue Phoenix 32's 4,300 Blue Phoenix 40"» 4,500 Open-end yqrn Hue
      152 words
    • Article
      KL Tin
      82 4 THE Kaale Lampar Tta Market (KLTM) price yesterday nee 1« cents I» Mst9.M per klle, still wltkla the ITA lower range sf $ajf aad SLM. af«r took aheat II per eeat of the tamver, wklek laereaeed to 1M touM agilut IS7 ee m nw sgsiesi local diseeaat to
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    • Article
      SOYBEAN
      65 4 CQT soyoil futures ranged from O.lfi cent a pound lower in July to up 0.13 In distant January at the close, while soymeal prices gained US$l4O to 10.70 a tonne. CBT soybean futures closed six to 3 W cents a bushel higher, led by old crop months. July ended
      65 words
    • Article
      PALM OIL
      119 4 PRICES on the Malaysian crude palm oil market yesterday weakened. In the June position, central region dropped Ms4s to $1,210 per tonne, south $37.50 to $1,235 and north $25 to $ULS. July in the north fell $47.50 to $1,190 and Aug in the south $15 to $1,140. The
      119 words
    • Article
      Produce exchange
      141 4 Chinin Product Exchange (SAn* mm deewg pricm on Jwm 14. SS/lOOkg). Coconut oil c J Bufc FOB 117 00 Old drum Foe 130.00 Nw drum FOB 130.00 Copra Mix*d Doom) 60 buyers Pepper Muntok Whit* FOB NLW 935.00 Sarawak Whit* FOB faq NLW 925.00 Sarawak tp*oa( block FOB
      141 words
    • Article
      Japanese crude imports expected to fall this year
      175 4 JAPAN'S crude oil Imports in fiscal 1985 will decline 7.5 per cent from the previous year to 197.8 million kilolitres on tailing domestic demand for fuel oil. The oil committee of the Petroleum Council, an advisory panel to the Ministry of International
      175 words
    • Article
      Lock icon Iran agrees to barter oil for Thai rice
      117 4 AFP TEHERAN has accepted an offer to exchange Iranian oil for Thai rice, maize and tapioca. The Hongkong-based Far Eastern Economic Review reported this week that Thailand had offered to send Iran 500,000 tonnes of second-grade rice, 300,000 tonnes of maize and
      AFP  -  117 words
    • Article
      Lock icon Adams stays as BSM
      80 4 Reuter HARVEY ADAMS has agreed to stay on as buffer stock manager (BSM) for the International Natural Rubber Organisation (Inro) until the end of October. Mr Adams, whose resignation was to have taken effect next month, agreed to stay on at the request of the Inro
      Reuter  -  80 words
    • Article
      RUBBER
      188 4 SINGAPORE THE market yesterday closed firmer with July One RSS buyers quoted at IM.OO cents per kflo, up 2JO cents tram Thursday. The morning session gained two cents on rfiortcovering and dealer buying of July position. Prices roee some two cents in early afternoon trading on continued short-covering and
      188 words
    • Article
      RAS and MRELB
      264 4 RAS prices m S cwti/fcg, FOB m 1 MM CLOSC layan Sdhn B^or* Mm In* 1 RSS Prompt 184 00 I85.00N 184.50 I85.S0N In* 1 RSS July 85 183.00 184.00 184.00 185.00N Int 1 RSS Aug 85 177.00 178.00 178.00 179.OON Int 2 RSS 175.00 I76.00N 175.50
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    • Article
      SSR and SMR
      85 4 (cmhA«. 1-tw p JtltY 85 AUG 15 i£ J n |L \CMI i MI nomni NOON VTOfwara vmxiivi; NOON RAS >tw Sdwt ■■yen WBovv SSR 20 160.00 162.00N 161.00 163.00N SSR SO 156.00 160.00N 159.00 161 00N MR£LB |uv fl Sdhn Scian SMR CV 214.00 216.00N *****
      85 words
    • Article
      RICE
      272 4 Singapore (S$/Mo, i |»ipn m) Frogront new crop 1st 0.84 2nd 062 3rd 0.60 New Crop 25% no stock 10% no stock Thoi Broken A-super 0.56 Speool 0.54 Thoi Rice 55% no stock Chino Rice 10% 0.87 15% no stock 25% no stock 35% no stock Thai Boiled Rice
      272 words
    • Article
      WHEAT
      119 4 CBT wheat futures yesterday ranged from off one cent a bushel in July to unchanged in December at the close. Fairly active midsession trade. July ended near the middle of a IV* cent range. Shearson Lehman Brothers bought in July and December, and Drexel and Heinold bought September. CBT
      119 words
  • Page 4 Advertisements
    • Advertisement
      Page 4 Advertisements Column 1
      1851 4 <&olfatn Caitle Jfinance CORPORATION LIMITED (Incorporated in Singapore) AND ITS SUBSIDIARY COMPANY BALANCE SHEET AS AT 31 DECEMBER, IM4 COMPANY CAPITAL AND U Share capital Statutory reeerve Capital reeerves Revenue reserve Reprsssnted by. INVEHMENTS, at east NMDIAKT COMPANY Loan*, advances and hire purchase debtors (9) Other debtor*, deposits and prepayments
      1,851 words
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  • BANKING AND FINANCE
    • Article
      BNP aims for hi-tech and the human touch
      337 5  -  By AMY BALAN A BIG DRIVE to close the technology gap is being started by Banque National de Paris, which has ambitions to become a leader in automated banking by 1990, according to the French bank's president and chief operating executive officer,
      337 words
    • Article
      Lock icon Bankers satisfied with Venezuelan debt proposals
      106 5 AFP AN AGREEMENT between Venezuela and its British creditor banks on rescheduling the country's foreign debt appears to have been reached in principle in London after some 90 bankers received assurances from a Venezuelan government delegation. A banker said on Thursday after the meetings
      AFP  -  106 words
  • MONEY AND EXCHANGES
    • Article
      Forex markets
      753 5 SINGAPORE THE US dollar yesterday closed slightly lower against most major currencies after fluctuating within a narrow range in quiet trading. Most operators were reluctant to take large positions, awaiting the US May industrial output and producer prices, both due today. The dollar closed a shade softer at
      753 words
    • Article, Illustration
      Asian $ market
      291 5 Asian market ASIAN dollar deposit rates yesterday closed steady at opening levels in quiet trading, dealers said. News of a smaller-than-expected increase in US M-l money supply also had no impact. Periods were steady to slightly firmer at the start and later remained unchanged with three and six months closing
      291 words
    • Article
      Money markets
      97 5 THE OVERNIGHT rate on the Singapore interbank money market rose by 11/»l 1 points from Thursday to close at 5Vi per cent yesterday. The three month term rates rose by 1/16 point. The one and two-month term rate were unchanged. S$ Interbank rates at 3pm yesterday: OHm M
      97 words
    • Article
      Foreign Exchange
      205 5 Interbank rotes at 3pm yesterday: CWVMMIM NMHIMI fllM Local dollars to ana mm* a( faraif airfiiqr: «mMI r *oao parity US dolor. Staring pound Australian dolor NZ dolor Cartodmn dolor 2.2240 2.8144 1.4756 1 0041 1.6209 2.2250 ***** 1 4785 1 0068 1 6229 2.8196 7 3469 3
      205 words
    • Article
      Lock icon Simex
      357 5 BA Futures Inc September Biiiißir futures opened higher at 91.95 due to the smaller than expected increase in money supply and rumours on banking problems. Liffe opening saw prices again edging higher at 92.00 on renewed rumours of possible cuts in prime and discount rates. The September contract finally
      BA Futures Inc  -  357 words
    • Article
      Gold
      163 5 HONGKONG: GOLD yesterday closed higher in moderately active trading. It rose to U*****.70/315.20 an ounce at the close, from an initial 314.20/70 and New York's 314.30/80 close. On the local market, it ended at 12,920 a tael. The Krugerrand price was $10 up at |2,510, equivalent to US$323. TOKYO;
      163 words
  • Page 5 Advertisements
    • Advertisement
      Page 5 Advertisements Column 1
      901 5 National Westminster Bank PLC NATIONAL WtSnMMTHI BANK PLC SO RaffiM Mao* #05-01/08 SMI Tow Singapore 0104. Tel: *****44 Telex: R8 ***** Foreign Exchange Tel: *****77 Telex: R8 ***** Heed Office: 41 Lothbury London EC2 England i Ordinary Other rtMrvn Authomd to bo signed by Iht Board at Ms mooting hold
      901 words
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  • TIME-OFF
    • Article
      Satire: question of taste
      540 6 FREEDOM OF SPEECH, the consent of a democratic society to give its citizens the right to criticise and be criticised, is a precious but delicate flower even in the most- open and liberal communities. In the latter, there is a role for the satirist who with
      540 words
    • Article, Illustration
      Wonderland of wineries
      1395 6 Teresa Lim explores the many charms of Napa Valley WHEN our American friends heard that we were going to Napa Valley in Northern California, their advice was: "Oh it's very nice but you wouldn't want to spend more than a day there." It is one of the
      1,395 words
    • Article, Illustration
      STRAWS in the Wind
      171 6 THE Singapore Girl is known worldwide. So famous is her selling power that she ends up being used in the most incongruous of situations. In San Francisco, the gay city, a Yellow Page advertisement for a massage palour used a line drawing of a batikclad stewardess
      171 words
    • Article
      BILLBOARD
      1032 6 What's on from June 15 21 VWPPM BALLROOM DANCING: E*#ry Saturday. Sentosa Island. 7-10pm. Free, but tickets to the island needed. ENTERTAINMENT: Anglo Chlnaea School Band. 7.30-fpm. Lion dance and pugilistic show. (Kampong Glam Community Centre). 8-9pm. Free. Singapore Handicraft Centre, Tanglin Road. EXHIBITION: Japaneae woodblock prints. Shangri-la Hotel
      1,032 words
    • Article, Illustration
      Dumplings and the Dragon Boat
      211 6 WHEN BAKCHANQ, gong d or ric* dumplinga (In tho Hokklon dioloct, In pinyin or In EngNoh r**p*ctiv*ly) app*ar in Sing* l pora, thoy mark tho Dragon doci rMiivii wnicn in»» jrtff falla on Juno 22. I TflilYi! lifflT 19 99K3 YO hav* originatad from on
      211 words
  • Page 6 Miscellaneous
    • Miscellaneous
      Page 6 Miscellaneous Column 1
      813 6 ■iKfIGHEMKB eaDSaSOiM!) 3 a il I ill Il I I iimiai CRYPTIC PUZZLE ACROSS 9 Understudying? (6, 3) 10 Building due to be blessed (8) 12 A kind of gold, in o way (4) 13 A few lines that reveal character (6) 14 He's falling for someone who's here only
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  • SPORTS
    • Article, Illustration
      Tiley, Leong neck and neck for title
      726 7  -  By BRIAN MILLER THE TUSSLE (or this year's champion jockey's title resumes today at Penang where Nigel Tiley and S Y Leong the two top contenders are running almost neck and neck, with Just two winners separating them. Tiley, with 24 wins from
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    • Article
      Ninety to tee-off at Seletar curtain raiser
      255 7 NINETY golfers will tee-off tomorrow morning in the Seletar Open C Division championship the curtain raiser to a tournament that will end next Sunday when the A Division golfers take to the links. Of the 90 golfers, 48 will come from the "home"
      255 words
    • Article
      Lock icon Piquet's Brabham is left standing
      95 7 Reuter NELSON PIQUET, winner of the Canadian Grand Prix in Montreal last year, said yesterday that he thinks his Brabham left any chance of winning tomorrow's race in the shop. "Last year we had a quick car but the reliability was not very good," Piquet
      Reuter  -  95 words
    • Article, Illustration
      Lock icon Chen leads US Open with tournament's first double eagle
      678 7 Reuter CHEN TZE-CHUNG of Taiwan scored the first double eagle in the history of the United States Open on his way to a five-un-der-par 65 and the first-round lead in the 85th edition of the American championship. The long-hitting Chen, known
      Reuter  -  678 words
    • Article, Illustration
      Lock icon Icuk scores upset win over Baddeley
      628 7 Reuter DEFENDING CHAMPION Icuk Sugiarto of Indonesia brought the World badminton championships alive and snooked his nose at the organisers who did not seed him by upsetting Joint fifth seed Steve Baddeley of England 15-18, 15-8, 15-11 in the men's third round at the
      Reuter  -  628 words
    • Article
      Lock icon Curren and Cash battle through to third round
      281 7 UPI KEVIN CURREN and Pat Cash, favoured to contest the final, an Thursday battled through to the third round of the rain-hit Queen's Club men's tennis tournament in London. Curren, the No 2 seed who has his eye on the title after
      UPI  -  281 words
  • Page 7 Miscellaneous
    • Miscellaneous
      Page 7 Miscellaneous Column 1
      1068 7 to em ma® f CHAMMEIS 1 12JO PM SBC Tut "Live" Sample Paps 1.00 PM Opening and Programme Mglights Mowed by Sesame Street 2.10 Saturday Matinee Run Rebecca, Run! 3JO National Schools Waterpeto Finals 4.20 Malay Movie Soranfan Oranf Mbiyak 6.10 Pi op ammo ilftighU 5.15 News 625 Cultural Diary
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  • ASIAN STOCKS
    • Article
      Hongkong
      330 8 HONGKONG: Share prices yesterday recovered marginally as selling pressure subsided towards the close, but were still sharply below Thursday's final levels. The Hang Seng index ended 40.94 points lower at 1,441.97 after being off 52 points at the morning close. Turnover was HK5324.90 million compared with $354.6 million on
      330 words
    • Article
      Taipeh
      199 8 JUNE M AJ Sancara Mua MT» 1.53 22.30 002 -0.1 Nan Yo Plat Pacific Com Pacific Bact Wra 25 20 16 60 14.00 +0.6 +0.3 +as 23.80 +0.2 Pooling Paptr 091 +0.04 Chang Hoo Bark 47 60 16.10 +0.4 19.30 0.8 Ota HMn Camant China Cham China D*» CNna
      199 words
    • Article
      Tokyo
      390 8 TOKYO: Share prices eased in moderately active trading yester1 day as the market again lacked a clear direction and buying rei mained scattered and speculative. The market average closed I down 31.91 at 12,685.25, showing lit- tie movement after falling about 27 points in the first hour of trading.
      390 words
    • Article
      Manila
      102 8 MAMLA: Share prices closed easier in quiet trading yesterday. The commercial and industrial index eased 0.08 to 128.68 and the mining marker (ell 7.65 to 699.57. Oils slipped 0.022 to 0.177. JUNC 14 ACOM MWH fmm 0.0014 mch Man* Own Mn Ml B B ***** UK* —0.001 -001 .....an
      102 words
    • Article
      Sydney
      410 8 SYDNEY: Australian- shares closed easier yesterday but off their lows as bargain hunters moved into the resource sector in late trading. The All Ordinaries index closed 6.6 lower at 840.3 after bring down 7.3 at midsession. A poor performance by the banking sector pushed the All Industrials indicator down
      410 words
    • Article
      Seoul
      81 8 JUNE 14 Won Hyundai Conn 910 710 -10 +40 MO -10 KJjlT. 492 +30 Chohatra Ik 555 -10 Korea FM 640 +5 CommerooieL 635 4(6 +1 12 JETU. 1460 440 •15 28 497 17 Lucky Ltd 668 616 36 Samuif Co 709 -1 Dong Ah..... GoMStnr 510 20 Samsung
      81 words
    • Article
      Bangkok
      165 8 BANGKOK: Stock prices closed higher in moderate trading yesterday. The Book Club index rose 0.47 point to 140.22 and gains led losses by a «mail margin. Turnover advanced to 227,736 shares worth 35.8 million baht from Thursday's 150,109 worth 29.4 million. JUfr Aai A* t •m M MB (ham
      165 words
    • Article
      Lock icon HK insider traders face ban
      56 8 AFP THE HONGKONG government is to consider legislation to allow courts to ban persons deemed culpable insider dealers by a tribunal from involvement in any company's management. The proposal was made in a report by a government standing committee on company law, which has been
      AFP  -  56 words
    • Article
      Lock icon Nissan to be more active in aerospace development
      346 8 Beraama NISSAN MOTOR Co Ltd, one of Japan's leading vehicle manufacturers, plans to be more active in international aerospace development. According to the company's latest data file which lists its current and future plans, Nissan is developing solid propellant rockets for application
      Beraama  -  346 words
    • Article
      Lock icon Texaco may sell oil concessions to Nippon
      143 8 UPI TEXACO INC of the US, suffering from a shortage of funds, has offered to sell its onshore and offshore oil concessions to Japanese petroleum distributor, Nippon Oil. Co. The Japanese company said on Thursday that a team of experts was visiting the
      UPI  -  143 words
    • Article
      Lock icon Kraftwerk expertise for Seoul nuclear fuel plant
      179 8 AP KRAFTWERK UNION of West Germany has signed a letter of intent to supply the Korea Nuclear Fuel Co with technical knowhow and equipment for the construction of a nuclear fuel fabrication plant, the Korean company said. It said Kraftwerk submitted the most
      AP  -  179 words
    • Article
      Lock icon Toyota expected to post record sales
      138 8 UPI SPURRED by brisk exports to China, Toyota Motor Corp is expected to chalk up record sales and current profit for the fourth straight year in the period ending in June. President Shoichiro Toyoda said on Thursday that the company would revise its outlook
      UPI  -  138 words
  • Page 8 Advertisements
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      Page 8 Advertisements Column 1
      87 8 to Wi w JUNE 16,1986 CAFE VIENNA A special Father's Day Lunch a! $1850 and Dinner at $26.50. BARON'S TABLE A 5-course gourmet dinner, complete with appetizer, soup, main course and dessert. And a special gift for every father too! All for $52.00 per person. The usual a la carte
      87 words
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      Page 8 Advertisements Column 2
      149 8 I k M 1 \.V/ •&SP'' This 4 T^ n »i!LT^^ 9ce *T§S"day trC *JV W*?* ao d «rsir enWrt* n J** lavoatue dnnjv n U* "Ji do** hi» n r 2 s%ilS62«ei A» dtinW* even** H** l HOTEL ASM Many happy Munw a 37 Scons Road. Sngapore 0982 W
      149 words
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      Page 8 Advertisements Column 3
      22 8 1 »<v* O&tsff*' lok ki;si;i<\ a i lONS. CALL *****11 L\T. 127. 1()1 Hotel Royal Newton Road, Singapore 1130 Republic of Singapore.
      22 words
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      Page 8 Advertisements Column 4
      130 8 spring Palace Chinese Restaurant Superb Cantonese cuisine from our Hong Kong chefs to please the most discriminating gourmet. Special business lunch at $16+*- each and $20 each (mln. 2 persons). Over 50 a la carte specialities are also available a¥ SINGAPORE HOTEL 10 Eu Tong Sen Street. Singapore 0105 Tel:
      130 words
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      Page 8 Advertisements Column 5
      90 8 Lounge Enjoy the world's finest wine, while you relax in the cosy ambience of The Lounge. Make your nights memorable with the versatile quartet Body N Soul from the Philippines. They'll captivate youl 2S%off alltfriak*. o?§wn •FRJttZHDra 270 Orchard Road. Singapore 0923 Tetex: (IS ***** MCKOWTI. Cable: CROWmOTCL. Tac: *****18.
      90 words
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  • Article
    Lock icon Texas Air Corp to buy Trans World
    231 9 AP TEXAS AIR CORP, the parent of Continental Airlines, has agreed to buy Trans World Airlines Inc for cash and securities valued at U5|793.5 million. Under the agreement, which the US companies said was unanimously approved by both boards of directors, each of
    AP  -  231 words
  • Article
    Lock icon Abbey Life shares oversubscribed
    147 9 FT TWO THIRDS of the 375,000 investors who applied for stock in the heavily oversubscribed offer for sale of shares in Abbey Life, the UK's second largest unitlinked life company, will get no shares at all. Most remaining investors will get only a small fraction of
    FT  -  147 words
  • Article
    Lock icon Irish bid for Scotch
    111 9 Reuter GUINNESS PLC intends to make an offer for Arthur Bell and Sons PLC valuing Bell at £347.2 million or 245.7p per ordinary share, or 225p per share through a cash alternative. The Guinness board has requested talks with Bell with a view to gaining agreement
    Reuter  -  111 words
  • Article
    Lock icon INTERNATIONAL STOCKS Wall Street suffers biggest fall of the year
    314 9 Reuter THE STOCK market suffered its steepest decline of the year on Thursday with IBM getting most of the blame because of its announcement late on Wednesday that it expected lower profits for the first nine months of the year.
    Reuter  -  314 words
  • Article
    Toronto
    151 9 JUNE IS a Imp Ol 40 IS* AbM» 18* 33* w*Kh fcnrt Pro* Hp* 41* 19* 22k K«r Add 16* Argoan Hdgt laMntr B 20* Bank Mont C^jkAui oof* no*a xona 29* ...13* Mm«y Forg 2* 22* M Canada BP Can Ltd.... Bravean 43* 31* 28* Motion A MoofCp
    151 words
  • Article
    Johannesburg
    273 9 JUNC 13 A Alpha W MOUSTMALS 875 25 IHsac MM Anglos 1680 1350 M6S 2835 115C •50 •5 Abarcam AE And a ISO 785 unch 10 An#»ool ***** 12*0 unch +5 Amaprap AMMC C G SnMh 440 2775 1200 2600 10 25 unch •125 5!Z2™ zir* Chartar Com GoM
    273 words
  • Article
    New York
    619 9 JUMi IS US$ Alcan AMn Alcoa Lud AAod Cham Cp AMMnm Am Iran* he Am Broadcast Am Can Co Am Cyonamid Am Boc Am bpw Am Home Prod Am Maton Cp Am Ulural bos AmTdl Tot Amu he Amanda Hw AMF he Amr C«|r.. A»ano fete AM AchAaM
    619 words
  • Article
    European markets
    760 9 Amsterdam JUW n AM A<7SO AS Aagon 196.50 -3 Ahotd 227 20 5 3 Akxo AMEV 107.00 -3 3 245.70 -2 3 Amfai Am Mi 7740 -14 •Mkai 1— 23 00 -3 Bob MJO *0.3 306.00 -4 Mra| h* Tat 97 5fl -0 7 C*mi 35 20 -1.4
    760 words
  • Page 9 Advertisements
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      Page 9 Advertisements Column 1
      717 9 n Hf* > t'di M 15 nr «1 *.f> qSO U FOR FURTHER INFORMATION CALL >11 if=p Up the staircase at Ihe Certify Partt Sheiaton Follow the sweep of the curving staircase of the Century Park Sheraton and you'll find yourself at the Black Velvet Gold. If s a discotheque
      717 words
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      Page 9 Advertisements Column 2
      46 9 `-%!@'.~:~@@\%;{)))[]:(~_'<=&{) J 2 Listen to Great New Sounds at CAIKXHILL COCKTAIL UMNGL With Ramon D New Blackjacks Happy Hours: spm 7pm With Sunny and Stamford X For reservations please call 734 6622 MMMHi. MTffl 19, Cairnhill Circle, Singapore 0922 Our Chef 's Recommendation: n rtr h m*
      46 words
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  • SHARE INFORMATION
    • Article, Illustration
      Most counters drift lower in sluggish trading
      4031 10 WITH HARDLY ANY positive news to perk it up, the Singapore stock market drifted further downward yesterday. The BT Composite Index closed 6.18 points lower at 688.99 while the Straits Times Industrial Index lost 6.21 points to 778.64. Total volume amounted to 8.26
      4,031 words
    • Article
      Chief price changes
      216 10 SINGAPORE Rites Indices 1Mb Km K* D Ke*» 2050 810 110 209 198 *20 10 10 4 4 ♦2 ♦2 ♦2 nciapriM ITMotor km 13 km M *95.17 888.89 *****15 *****12 Apm $m HMOM AaolKt rr OB/OS ST Mm full STRMM» -450 508 ***** ***** *****8 2388.39
      216 words
    • Article
      Business done on the SES
      2595 10 BID and offer price* officially listed and business in and reported to the Stock Exchange of Singapore yesterday vlth tbe number of shares traded shown in bracket* in lots of 1,000 units unless otherwise specified. All Time Settlement .Contracts are quoted after the word "BETT".
      2,595 words
    • Article
      COMPANY MEETINGS
      138 10 T0N6 MENO INDUSTRIES limited: Twentieth AGM at 47 Hill Street, #0501, Chinese Chamber of Commerce A Industry Building, Singapore 0617 today at noon. HIND HOTELS International Limited: Eighth AGM at Oberoi Imperial Hotel, 1 Jalan Rumbia, Singapore 0923 on Monday, June 17 at 3pm. INNOYE8T BERHAD: Twentieth AGM
      138 words
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  • COMPANY NEWS
    • Article, Illustration
      Rebound expected
      243 11  -  CHART PillNT By HOCK LOCK SIEW TO THE DISAPPOINTMENT of a lot of players, Lum Chang Holdings (61.18) made an uninspiring debut on Dec 18 last year, when its shares opened below their 61.10 issue price, and continued to fall tffl they readied 89 cents. No market to
      243 words
    • Article
      Selected indices
      95 11 HONGKONG Hong Song Index Friday 1441.97 Thmday 1482.91 WMk ago 1542.55 TOKYO Tokyo Dow Jonas Friday *****.25 Thursday *****.87 WMk ago *****.59 TSE Indox Friday 1006.76 Thursday 1006.76 W««k ago 1005.70 SYDNEY Austrolion Minings Friday 493.6 Thursday 498.7 WMk ago 516.0 I Austrolion Industrials Friday 1216.2 Thursday 1224«
      95 words
    • Article
      Lock icon LONDON STOCKS
      902 11 Renter EQUITIES closed quietly easier yesterday but some cheap buying for the new account and the stronger performance of sterling helped lift some issues from early lows. The 0.5 per cent rise in UK May producer prices had little impact. At 2.30pm, the FTSE 100 Index was down
      Renter  -  902 words
    • Article
      Diversification pays off for Wearnes
      312 11  -  ■y HOMER CHEN THE DIVERSIFICATION policy of Wearne Brothers Ltd ho begun to bear fruit in spite of a general sluggishness in the economy. At the interim stage, Wearne's earnings showed a marked increase from the same period last year thanks to its new business
      312 words
    • Article
      Unit trusts
      202 11 MonoMrs' prioM for Jwm 15 A 17 Mngapora Ui r»tt Trust Tho Common Th« Sovingi Fund S'pora Prog Fund S'port Soc Fund S'por# krtvwl Fund S'poro Equity Fund 1.72 1.31 075 1.11 0.82 0.76 *1.82 1.39 0.79 1.18 •0.87 0.80 Asia Unit Trust Mol InvMt Fund Md Prog
      202 words
    • Article
      Westpac gets injunction
      376 11  -  Malaysian company's listing on bumiputra exchange stalled By CHAN OI CHEE THE HIGH COURT in Kuala Lumpur yesterday granted an injunction to Australia's largest bank, Westpac Banking Corporation (WBC), restraining a bumiputra company from proceeding with its listing on the Bumiputra Stock Exchange. Bumiputra-controlled Westpac Holdings Bhd's
      376 words
    • Article
      QAF not keen on finance company
      280 11  -  *r NAJEEB JARHOM FOOD-BASED QAF Ltd is not interested in taking over Brunei's United National Finance Bhd, the finance company which was closed on Tuesday after heavy withdrawals by depositors. The Singapore-listed company, backed by Brunei royal interests, is confining its financial activities to
      280 words
    • Article
      COMPANY BRIEFS
      369 11 PB1MA LTD, which has flour mtinwy operations in Trincomalee, Sri Lanka, said the recent ethnic there have not affected its production A director of Prima said its operations are located in the central part of the city, while the riots took place at the outskirts. He added: "We
      369 words
    • LATEST RESULTS
      • Article
        GUINNESS MALAYSIA Bhd's
        70 11 pre-tax profits in die half year to March fell by 7.3 per cent to M 519.3 million on turnover of MSI2O million, down 2.7 per cent. After tax, profits were down 13 2 per cent to HO million. Volume fell In all markets and the group is
        70 words
      • Article
        ROXY ELECTRICAL Industries (M) Bhd,
        69 11 which now consolidates the results of die company and Its newly acquired subsidiaries, Sharp-Roxy Appliances Corporation (M) Sdn Bhd and On Tai Developments Sdn Bhd, made pre-tax profits of M62JOT million on turnover of U4J. million in the half year to end March. After tax
        69 words
    • Article
      KL market closes on weak note
      293 11 THE KUALA LUMPUR stock market finished on a weak note yesterday although some last minute buying helped selected counters recoup their loans. Investors continued to be disturbed by the aharp decline on the Hongkong market where the Hang Seng Index fell about 40 points
      293 words
    • Article
      Business done on the KLSE
      1841 11 BID sad offer price» officially listed ud tnnlnoea In and report»] to the Kuala Lumpur Stock Exchange yeeterday, with the number of abaree traded ahown In bracket* In tota of U» unlit nnleat nthtrnlrr *1 PDUSTKMLS Annoraoto (2.908) AMD (3.088X2) 3.06 (5) 3.10 (I) 3
      1,841 words
  • Page 11 Advertisements
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      Page 11 Advertisements Column 1
      331 11 PTKLTD ■ViL J.. I ,,?yij •WW) At meetings of raemUri and creditor* of Eastern Coalescence Pte Ltd duly convened and held at 8 Peresolutlons eet out below 1:1 i "That the company cannot. by reason of Its liabilities, continue Its business and that It Is same and i that the
      331 words
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  • Article
    Kuo Oil is buyer of HK's Excelsior Hotel
    489 12  -  Payment to be mainly in cash By TERESA LIM Special Correspondent THE SECRET "overseas buyer" of Hongkong Land's Excelsior Hotel is Singapore oil trader Kuo Oil Limited. It emerged yesterday that it was an executive of Kuo Oil who signed a letter
    489 words
  • Article
    Court says Emtex has legal standing
    145 12 THE HIGH COURT yesterday ruled that Emtex Corp has the locus standi (legal standing) to seek an injunction restraining MBf Holdings from making the all-share general offer. Mr Justice VC George said in his Judgement that a takeover offer of a corporation does affect
    145 words
  • Article
    CAAC flights to Singapore start on Monday
    145 12 THE Civil Aviation Administration of China (CAAC) will inaugurate its twice weekly flights to Singapore on Monday using a Boeing 7475P aircraft. The CAAC's flights leave every Monday and Friday from Beijing with a stopover in Guangzhou. Monday's inaugural flight will carry some
    145 words
  • Article
    Manpower expert visiting Republic
    80 12 A SENIOR SPECIALIST on manpower development from Taiwan, Mr Jeng Sheng-long, will arrive in Singapore on Monday for a two-day visit. Mr Jeng will be briefed by Mr Santanu Gupta, the deputy director (service conditions) of the Ministry of Finance on the first day of his
    80 words
  • Article
    Higher taxi fares enrich state coffers, says SDP
    389 12  -  By CHUANG PECK MING THE RESULT of the higher taxi fares is to enrich the government's coffers and to undermine the earnings of taxi drivers, according to the Singapore Democratic Party. What the revised fare structure on June 1 does is to
    389 words
  • Article
    Ballot papers to be burnt
    66 12 BALLOT papers and other documents used in the 1981 General Elections will be burnt at the Ulu Pandan Incineration Plant on June 22. The Elections Department said yesterday that the ballot papers, which have been kept in sealed ballot boxes, would be taken out of
    66 words
  • Article
    Lock icon Seoul to open more industries to foreigners
    117 12 Reuter THE SOUTH KOREAN Finance Ministry plans to open 113 of its 996 industrial subsectors to foreign investment next month, bringing the total number to 7». A ministry spokesman said yesterday the plan, expected to receive government approval shortly, would open to foreign
    Reuter  -  117 words
  • Article
    Lock icon US assesses harm done by espionage scandal
    359 12 Reuter THE US military is expanding its investigation of damage in the worst espionage scandal in decades and legislation has been introduced in Congress for the televised execution of spies. Assistant Defence Secretary Michael Burch said on Thursday that major damage was believed
    Reuter  -  359 words
  • Article
    Lock icon Strike hits Norwegian oil drilling
    78 12 Reuter ALL NORWEGIAN oil and gas exploration has been halted by an oil workers' strike in Oslo which began at midnight last night. Oil companies said production could be affected within a few days. Last-minute talks between the Oil Workers Association and the Norwegian Ship
    Reuter  -  78 words
  • Article, Illustration
    Lock icon Hooded witness gives testimony
    47 12 AP Photo MEMBERS of a US Houaa subcommittee on crime hooring testimony from "Morio", a pooudonym, a convicted monoy laundaror waarlng a hood, on Thureday on Capitol MM. Tho pantl la looking into bMa ratating to tha control of monoy laundering. AP Photo
    AP Photo  -  47 words
  • Article
    Lock icon West German House approves tax cuts
    248 12 Renter THE WEST GERMAN Upper House has approved a 19.4-bil-lion mark package of income tax cuts to be divided between next year and 1968. Approval of the reduction, hailed by the government as the biggest package of tax cuts in West German history,, came
    Renter  -  248 words
  • Article
    Lock icon Dow Jones higher
    69 12 Reuter THE New York stock market rebounded sharply in early trading yesterday, breaking sot of a losing streak which had spanned five sesdonr The Dow Jones Industrial Average was up seven points to 1297 while advances led declines by a three-two margin on turnover of 12.42 million
    Reuter  -  69 words
  • Article
    Lock icon Baker urges revamp of American banking laws
    248 12 Reuter AMERICAN Treasury Secretary James Baker has urged Congress to pass comprehensive banking legislation. In testimony before the Senate Ranking Committee yesterday, Mr Baker said there was a major need to modernise hanking laws to enable banks and thrifts to compete with other
    Reuter  -  248 words
  • Article
    Lock icon Consumer groups present awards for deceptive advertising
    332 12 UPI AMERICAN consumer groups, saying federal regulators are not policing unfair advertising, have presented the first annual awards for the most dishonest, unfair and deceptive advertising campaigns of the past year. Advertisements cited yesterday by the Centre for Science in the Public Interest
    UPI  -  332 words
  • Article
    Pilot cashless shopping system likely to be vastly expanded
    357 12  -  By AMY BALAN THE PILOT cash-free shopping system is likely to be vastly expanded and could see the original plan (or 60 terminals enlarged to as many as 1,000 terminals over the next 15 months. The Network for Electronic Transfers (S)
    357 words
  • LATE FILE
    • Article
      Lock icon Malaysia's exports still healthy
      39 12 Bernama MALAYSIA'S exports continued to perform well In January. recording a surplus of M 1740.1 million, which was mors than doubted the QM.7 itifflton achieved a year ago, according to the Malaysiaa Statistics Department Ber-
      Bernama  -  39 words
    • Article
      Lock icon Soviet industrial index rise 3.2 pc
      62 12 Reuter THE overall index of Soviet industrial production rose JJ per cent in the first five months of INS tram the year aao period when it registered a 4.T per cent rise, official figures showed. The figwes, published in the official weekly economic gsnette
      Reuter  -  62 words
    • Article
      Lock icon Indian bank to relax export policy
      40 12 Reuter THE It—n hi Baak of India said it would allow foreign companies to export products maiMfts Used fay Indian firms without aaj monetary ceiling. The new rule to boot exputs takes effect lisnmllotely.
      Reuter  -  40 words
    • Article
      Lock icon Five S African banks to cut PLR
      64 12 Reuter ALL FIVE major South African banks said yesterday that they would cut their prime lending rates to per cent from ll ptr cenMtrom the rales aa National Bank, Nedbaak Ltd, Vokskas Ltd and Trust Bank of Africa are cutting their rates on
      Reuter  -  64 words
    • Article
      Lock icon Hijacked US plane takes off for Algiers
      57 12 Reuter Art AMERICAN airliner seised over Athsns took off for Algiers after hijackers released S women and children on a re-fuelling stop in Beirut, airport officials said. The Trans World Airways plane, believed to have been carrying 158 people, was seised on a
      Reuter  -  57 words
    • Article
      Lock icon Soaree says he will resign
      36 12 Reuter PORTUGAL'S Prime Matter Mario Soarea aid he would ntfga foUawlaf the break-op of hie two-party government wwiiihM *«H lad warned of the coawqaaacM of the poUtical crtte tor Ms country.
      Reuter  -  36 words
  • Page 12 Advertisements
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      Page 12 Advertisements Column 1
      175 12 UNrrEO WJLP ft PAPER COMPANY UMITEO *K«»porand n *w lUpuMc ot Singapore) NOTICE OF MEETING NOTCE 5 HEREBY OVEN THAT the Eighteenth Annual Gen«rd Mating of the Company b« h«W at the Conference Room of United Pulp A Paper Company Limi, < No 20 •j" Fon 0 Road, Jurong Town,
      175 words
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      Page 12 Advertisements Column 2
      397 12 ,[+<>('@-%*^)~_^)-,=,'<`^"/|[%. .WMKiKWi V J *0 Lull Our client is a very well-established and successful international, multi-million dollar company and market leader in the courier industry with a very large worldwide clientele and it is still growing rapidly. As the present incumbent is being promoted, the vacancy has arisen for s
      397 words
  • Page 12 Miscellaneous