The Business Times, 10 October 1987
1987-10-10
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The Business Times
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Title Section12 1987-10-10 1 BUSINESS TIMES MCI <P) 112/12/86 Weekend Edition, October 10-11 1987 75 CENTS12 words
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FINANCIAL NEWS SUMMARY
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Article, Illustration61 1987-10-10 1 SHARE PRICES closed higher on tome short-covering end light bargain-hunting in fairly moderate trading yesterday. Singmarine continued to hold the spotlight, closing 18 cents up at $2.17 on a turnover of 2.55 million shares. At the close, gainers led losers by about three to one but price changes61 words
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Article31 1987-10-10 1 Friday HK Hang Seng Max 3882.42 (-53.71 Tokyo NMcot Average *****.77 52.02 Sydnoy All-Ordlnoiios 2220.4 (-2.8 Thursday Now York (Dow Jonos) 2516.64 (-34.44 London (FT 30 Index) 1866.9 13.4)31 words
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Article12 1987-10-10 1 US$: 144.25/35 yon, 1.8165/75 DM, 552.0960/70 £s U551.6465/75 Ml 550.8255/6212 words
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Article27 1987-10-10 1 Euro-S (Doc) 90.95 (-20 US T-bond (Doc) 80.17 (-34 Yon (Doc) 0.*****3 64) DM (Dec) 0.5542( 21) Pound (Doc) 1.6420 25) Nfckoi Indox (Doc) ***** 6027 words
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Article12 1987-10-10 1 S'poro (buyer's quoto) U*****.20 US$3.2O) London (afternoon fix) U*****.05 +US$3.9O)12 words
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Article11 1987-10-10 1 S'poro Oct 218.50 cts/kg (-0.75) M'tio Oct 268.00 Mch/kg (-1.00)11 words
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Article14 1987-10-10 1 Tumoror: *****0ts 293) Oct M5773/tomo (-$5 Nov Ms77B/tomo (-$6 Doc Ms77B/tonno (-$214 words
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Article30 1987-10-10 1 THE OVERNIGHT RATE on the Singapore interbank market rose 3-15/16 points to end at 4 per cent yesterday. One and two-months each rose point while three-month rose 3/18.30 words
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132 1987-10-10 1 Reuter WORK ON China's first commercial nuclear power station has been halted after engineers found the foundations did not conform to specifications, a Hongkong government spokesman said yesterday. He told reporters the government was informed by Hong Kong Nuclear Investment Co Ltd, aReuter - 132 words
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265 1987-10-10 1 Reuter THE TOKYO stock market was stubbornly bullish yesterday, powering to a second straight record despite plunging local bond prices, violence in the Gulf, and a nervous Wall Street market on Thursday. The 225-share index closed 52.02 points higher atReuter - 265 words
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Article, Illustration517 1987-10-10 1 CHUANG PECK MING - Goodluck Garden test case By CHUANG PECK MING ATLAS PROPERTIES, which recently lost a court case involving selling a flat smaller than described in its sales agreement, has offered 27 buyers of Goodluck Garden condominium full compensation for area shortfalls. "Our clients will pay517 words
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397 1987-10-10 1 UPI Reuter IRAN said yesterday that one of its speedboats shot down a US helicopter with surface-to-air missiles after a US attack on Iranian gunboats in the Gulf on Thursday night. The Iranian report was carried on the official IslamicUPI; Reuter - 397 words
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Article174 1987-10-10 1 Bernama THE CRISIS in Fiji and the prospect of imposing economic sanctions against South Africa are likely to dominate the Commonwealth summit to be held in Vancouver from Oct 13 to 17. Conference sources in Ottawa said Commonwealth leaders might want to help QueenBernama - 174 words
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Article86 1987-10-10 1 PRIME MINISTER Lee Kuan Yew and his wife are leaving today for the Commonwealth summit in Vancouver, Canada. The government announced yesterday that they will be accompanied by Mr Wong Kan Seng, Minister for Community Development and Second Minister for Foreign Affairs. Mr Lee is86 words
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Page 1 Advertisements
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Advertisement270 1987-10-10 1 Nikon THE WORLD'S FINEST PHOTOGRAPHIC SYSTEM World Marfcats, Pag« 7 8m back page THREE NEW VOCATIONAL institutes costing $60 million will be built by 1991 If the funds are approved by the government. This was disdosed by Dr Law Song Seng, director of the Vocational Industrial Training Board. HOME NEWS,270 words
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Advertisement269 1987-10-10 1 Nikon THE WORLD'S FINEST PHOTOGRAPHIC SYSTEM Holland Village by night Page 9 T^uU rimni invM What a Filipina thinks of Singapore lah Page Where Nature calls, specifically Page 10 mmi iv TV programmes for today and tomorrow Page 10 Ms ta watcft Sayers, Autana and New York City Page 10269 words
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HOME NEWS
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413 1987-10-10 2 TONG SUIT CHEE - By TONG SUIT CHEE THREE NEW vocational institutes costing $60 million will be built by 1991 if the funds are approved by the government. This was disclosed by Or Law Song Seng, director of the Vocational Industrial Training Board, in response to413 words
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107 1987-10-10 2 A CONSTRUCTION supervision programme for experienced supervisory personnel without formal training begins next week. The National Certificate in Construction Supervision programme is conducted jointly by the Construction Industry Development Board, Singapore Contractors Association Ltd. Singapore Polytechnic, Ngee Ann Polytechnic and the Ministry of Labour.107 words
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477 1987-10-10 2 LIM SOON NEO - By LIM SOON NEO SOME MEMBERS of the touriam industry here, apparently frustrated by red tape, have proposed the formation of a coordinating body to help them expedite decision-making. This proposal was made at a luncheon dialogue session with Dr Tan Cheng Bock,477 words
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302 1987-10-10 2 WHILE the learning of Mandarin has fallen over the past two years, more Chinese can now understand the language, concludes a survey on the Speak Mandarin Campaign run by the research end informstion department of The Straits Times Press. Results show that the learning of Mandarin302 words
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Article220 1987-10-10 2 WHEN AN ORGANISATION as huge as the Housing and Development Board moves its headquarters, it does not deal with small numbers. Since mid-August, some 3,600 staff from 17 departments have been shifting by stsges into the HDB Centre in Bukit Mersh, built at a cost of about220 words
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Article218 1987-10-10 2 FROM OCT 12. the Singapore subsidiary of the world's biggest oil company will operate from its new premises at OUB Centre. Emphasis at Esso's new offices has been on efficiency and productivity in the workplace. Esso's mail system will operate on teleltft, a fully automated218 words
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Article226 1987-10-10 2 WITH working conditions in factories and worksites much safer now, the Ministry of Labour will place greater emphasis on safety and health education rather than concentrate on enforcement activities. Enforcement efforts will, however, not slacken, said the Minister for Labour, Mr Lee Yock Suan. He226 words
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Article, Illustration337 1987-10-10 2 THE PRIME MINISTER yesterday dedicated the new Institute of East Asian Philosophies (lEAP) library to the memory of the lata Mr John Tung. In naming the library the John Tung Library, Mr Lee Kuan Yew said the late Mr Tung, who died337 words
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Article75 1987-10-10 2 THE GOVERNMENT hat agreed to let Sales and Distribution Services Re Ltd be the authorised distributor of Asiaweek in Singapore, following its action to limit the magazine's sales. Sales and Distribution Services was nominated by Asiaweek's editor-in-chief. Mr Michael O'Neill, according to a government statement yesterday. Asiaweek haa75 words
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295 1987-10-10 2 FOUR PROPERTIES were sold for $684,000 at an auction attended by 300 people, including a large number of bargain hunters. But two large properties an office in Orchard Towers and a factory-cum-office in Jurong with a combined value of at least $5295 words
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Article957 1987-10-10 2 AT COHH VMMI rom M 991 KEPPCL WHARVES Bong lor Maya CIO olongside 1010/1200 Equotor K22 alongside 11.10/2359 Ft Pilot KI7 alongside 13.10/0600 hMri K25E olongside 10 10/1200 Km Soon li K23 alongside 10.10/0700 lionhuoshon K33 olongside 13.10/1830 M»choli» lew K32 olongside 10.10/0230 Murrayeverett K2I olongside 10957 words
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Page 2 Advertisements
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Advertisement8 1987-10-10 2 There are only The Besinessman of the Yea8 words
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Page 2 Miscellaneous
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Miscellaneous129 1987-10-10 2 City Max/ Note RMn ro Singapore OUTLOOK: Shown In wwil f In the afReport for 24 houn prior to 7.30pm on Ocr 9 or #ta otrporti AaoocThwnidny 84 Mln tamp. 28.5 Amoc hwmldHy 83 Hra of —whtw. 7JB Rainfall Ms n*t. U Rainy days Ms nrth 2 Moecow 12/02 Cleor129 words
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Miscellaneous71 1987-10-10 2 Doonesbury (BY LASTHJEEK, NO ONE IN THE EXTENDED BUSH CLAN MAS ON SPEAKJNG TERMS. Mi- 0 fl 25 ft HRST, GEORGES S7EPMOTHER-IN-LAW MADE A POLITICAL CONTRIBUTION TO JACK KEMP'S PRESIDENTIAL CAMPAIGN... «S 4 BY GARRY TRUDEAU THEN HIS SECOND COUSINS, TW AND BOOTSY, DEfECTEP TO THE ALHAI6 JUG6ERNAUT. BUT TO71 words
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OVERSEAS
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Article, Illustration355 1987-10-10 3 AP THE ORGANISER of a massive hunt for the Loch Ness monster says he does not expect to find a bizarre reptile and would be delighted if "Nessie" turned out to be a very large fish. More than 20 motor boats equipped with sonarAP - 355 words
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Article124 1987-10-10 3 Reuter THE PHILIPPINE economy will grow by at least 6 per cent this year and the recovery, led by consumer spending, will not be derailed by attempted coupe, a prominent Philippine economist predicted on Thursday. Bernardo Villegas declared that "Filipinos are masters of the artReuter - 124 words
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Article821 1987-10-10 3 ARRIVALS Operator Sarvk* Local tlni From SV SV398 0835 JED/tUH KAL KE624 0640 kui MAS MH811 0910 Pfisl MAS MH671 0920 KUL AC AC858 0925 YYZ/lHt/tOM CPA CX710 1015 CGK MA KM 21 1100 IWN GU GA960 1100 CGK SU SQ105 1105 KUL SU SQ201 1145 CGK821 words
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223 1987-10-10 3 Bernama ES MALAYSIA'S per capita income fell sharply to M 54,068 in 1966 from M 54.561 in 1965 and M 54.856 in 1964. The Statistics Department said a review of the groea national product (GNP) trends over the past 30 years shows that 1964Bernama ES - 223 words
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494 1987-10-10 3 IHT NIGEL LAWSON, Britain's Chancellor of the Exchequer, has said that the British economy would grow at a 4 per cent rate this year, outpacing all its major trading partners. Some analysts, however, have warned that the economy is expanding too rapidly, outstripping industry'sIHT - 494 words
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181 1987-10-10 3 AFP A SERIES of deregulation measures in the past two years has boosted foreign investment in Indonesia. The investment coordinating board (BKPM) said on Thursday that the total value of foreign investment projects approved by the government waa US$BO3 million in the first nineAFP - 181 words
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Article56 1987-10-10 3 AFP JAPAN'S Marubeni Company is considering cooperating with Atomic Energy Canada Lid (AECL) in bidding to build Indonesia's first nuclear power plant Marubeni director Tomio Tatsuno said on Thursday in Jakarta. "We are studying the poesibility of taking part with AECL in building a nuclear plantAFP - 56 words
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Page 3 Advertisements
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Advertisement62 1987-10-10 3 fI 1i \j\ Irl \i The business person's choice, every I I II 111 I Tuesday. Thursday. Saturday and I 1 1 II II I Sunday. Leaving Changi Airport at I Vy I \\yl- 1 A V_>/ 22:05 hours and orriving at Lester B. Corson International Airport the following day.62 words
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Advertisement112 1987-10-10 3 BAUME MERCIER GENEVE 18K gold and stainless steel editions for men and women. Water-resistant to 99 feet VShowroom* and Service Centra: Singapore: *02-26/27 Hilton International Singapore, 581 Orchard Road, Singapore 0923. Tel: *****55. Telex RS ***** PIAGET Fax: *****22. 1 Vr a r~\ #01-01 Maadann Shopping Arcade, The Mandarin Singapore,112 words
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COMMODITIES
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Article248 1987-10-10 4 HONGKONG: Gold yesterday closed a shade softer in fairly quiet trading on late profit-taking following its morning gains. The metal closed at U*****.70/461.10 an ounce against New York's 461.40/70 close and the 458.60/459.00 finish on Wednesday. On the local market gold roee HKS22 to close at HK54,289 a248 words
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Article459 1987-10-10 4 Crock palm oil futures Crude palm oil futures yesterday closed slightly easier in very active trading on the Kulala Lumpur Commodities Exchange. Renewed selling interest pushed values to the day's low of M 5764 per tonne. October shed Mss to M 5773 per tonne while November closed Ms459 words
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Article39 1987-10-10 4 tea s CTT i Products (FOB S'por*) USt/Wval Oil Km 2340 -a IS CM 72.40 -0.10 Uw Mpfcir W«y Mtab ISW» 17.19 w* USS/WM» O— «I NapMha* l*M0 Hwri W (U* •**»> »*00 iapan Source: Petroleum Argus39 words
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Article256 1987-10-10 4 RAS prices msc Mta/k* PO a In batm 1 NOON CLOSE Bwyon Saltan Buyer* SelWri Int 1 RSS Pron V* 220.00 221.00N ***** *****N fat 1 RSS Nov 87 218.25 218.75 ***** 219.00 Int 1 RSS Doc 219J0 220.00 219.75 220.25 Int 2 RSS OP 217.00 219.00N256 words
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Article274 1987-10-10 4 Chinese Produce Exchange StNtrt' noon pi rteM an Oct 9 (SI/100 kg) Coconut oil u rot 9Sj00 Otd dnjm KM 105.00 Naw drum FOt 109.00 Copra Mtawd OOOM) 54 Pepper rot NLW 1307JO Sorowok wMto FOt foq NLW 1292 JO Sorowak Mock FOt NLW 962-50 Sorowok Aflto bksck274 words
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Article82 1987-10-10 4 IcMft/l* 1-«W 1 NOV! EMIBt 87 DECE MKR i icurri N Idf ffiOOffa) OON (forwort NO l moninj ON RAS Iwyfi SSt 30 21X00 ***** 31X00 215jOO SSI 30 311 JO 31X50 311 JO 31X50 MRELB S«*«n B»y«. S*«. SMI CV 277.50 274J0N 37X50 275J0N SMI I82 words
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Article135 1987-10-10 4 BMQAPORE The market closed lower with Nov On* RSS buyer* quoted at 218 50 cento/kilo. Nov and Doc TSR-20 closed at 206.00 cents/kilo. MALAYSIA Trading firmed in the afternoon. Nov SMR 20 buyer cioeed at 256.00 Malaysian centa/kg. RSS One dropped one cent to 266.00. Nov SMR 10 traded135 words
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Article50 1987-10-10 4 THE Kuala Lumpur Tin Market price fall two cents lo M 517.04 a kg. 1 There waa reduced particular ly from European quar-J tare who have bean buying qirito sgyslnlj lest week. Yesterday's total offer Inge were SI tomee on Thursday. No foreign metal or re* > UOfllUg50 words
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Article276 1987-10-10 4 LCE ftvyof/Softof cftoriRQ PHcm ON Oct (i/tom wtom apodftod). Previous ckMfciQ pHoM In CoSM lorii iMlOfV London, ultn option OF London No» 13*3/13*4 (1370/1375) 13*5/1365 km 1412/1413 (1395/1396) Mgh/Low 1413/1393 Sotoi (2763) Com Ok 1193/1194 (1181/11t2) Mgh/tow 1199/1183 Mar 1225/1226 (1213/1214) 1229/1213 Satot (3M2 No 6 F08 (US5/«om*)276 words
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Page 4 Advertisements
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Advertisement301 1987-10-10 4 ASEAN RESOURCES LIMITED ANNOUNCEMENT The Directors of Asean Resources Limited ("the Company") announce that a Deed of Settlement has been entered on 7th October, 1967 between the Company and its subsidiary, Asean Resources Finance Limited ("ARF"), and The Ka Wah Bank (the Bank") and its subsidiary, Ka Wah International Merchant301 words
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Advertisement137 1987-10-10 4 THE KA WAH BANK LIMITED ANNOUNCEMENT The Ka Wah Bank Limited ("Ka Wah") announces that a Deed of Settlement ("the Deed of Settlement") has been entered into on the 7th day of October, 1987 providing for the full and final settlement of the extensive litigation ('the Litigation") between Ka Wah,137 words
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BANKING AND FINANCE
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295 1987-10-10 5 SIX MORE finance companies in Malaysia have lowered their base lending rale (BLR) from 9.2S per cent to 9 per cent, bringing the total number quoting this rate to eight. The six are Mayban Finance (which brought down its rate with effect from295 words
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Article560 1987-10-10 5 DECEMBER Eurodollar yMterday gapped sharply lower on Simex at 90.92 on the firm Fed funds rate recently and the high diecount window borrowings which led to fear that the Fed has began to tighten credit policies. The December contract settled 20 ticks lower at 90.95 in active trading. December560 words
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Article122 1987-10-10 5 0* Gold future* on Oct 8 m 100 My ounces; USS par My ou «8 m, Op** M* Urn Mh 9 .Oct 458 00 462.00 458.00 ***** 46X30 ***** AAA «n f J.IW 4-3.10 Jmb M 470.00 475.00 469JO ***** 3.30 •+V ***** 4*3.00 476X0 4S0J0 4-340122 words
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Article1350 1987-10-10 5 SINGAPORE: THE US DOLLAR recovered in late trading yesterday against most major currencies to close narrowly mixed compared with New York's levels. Late book-squaring demand ahead of the long holiday weekend in the US helped it to recover from its lower opening. Trsding was thin. The US dollar1,350 words
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Article1280 1987-10-10 5 INTEREST RATES OPTIONS mn rWWM 1 AS ltd Friday, 0 dabar, 9 1987 DM 07 Mk Dl <7 pM Lmm Soa HN*» Lav SMI 9000 95A 90 36 4 9030 54A 36 12 11 11 9100 23A 24 306 29 29 9125 14 13 14 440 41 43 91301,280 words
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Article86 1987-10-10 5 Treasury bills Poriod Isauo Yostorday'i doting Day's cod# Maturity WO omt UGH LOW 3 —Kin KM7121S 7 1.88 3-52 X47 3.48 3.30 6 mils &S*****Z 21.01.88 3.36 3.31 3.39 3.25 1 y*or IY*****M i 22.09.88 3.93 3.88 Government notes and b ondi Pariod Itsut Maturity Coupon Yostorday's86 words
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Article254 1987-10-10 5 Asian market Reuter ASIAN DOLLAR deposit rate# yesterday closed firmer compared with Thursday's levels, after moderate trading. Weekend closed at 7-1/2 7-3/8 per cent 1/8 point from Thursday's doee and weekfixed at 7-6/8 7-1/2 per cent, up 1/16. Term rates also closed firmer. One month ended at 7-7/8 7-3/4 perReuter - 254 words
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Article64 1987-10-10 5 THE OVERNIGHT RATE on the Singapore interbank market rose 3 15/16 points to end at 4 per cent yesterday. One- and two-months each rose point while three-month roee 3/16. S$ Interbank rates at 7pm y*st*rday: orm md Ow- 4 3 1/3 1-M* 4 1/3 4 3/t Ihm* 464 words
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Article, Illustration181 1987-10-10 5 IndlcatN Km ivtngi of prima landing rates oI 12 ma)or banks In S'pors IntertM ink marfcot i '•tot (offor/bid) on Oct 9 us$ DM SWFC Y«fl 7 4mr% 7 ll/W —t/1* t li/M —(/M 3 7/3 3/4 3 1/4 3 3 3/4 3/3 1 aft 7 IS/I*181 words
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Page 5 Advertisements
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Advertisement174 1987-10-10 5 INVESTMENT OPPORTUNITY EXPANDING INTERNATIONAL COMPANY SEEKING EQUITY INVESTOR FOR SINGAPORE OPERATION. A JOINT VENTURE PROPOSITION WOULD ALSO BE WELCOME. We are a newty established company in Singapore •fo>owing the successful trading format of our international parent We manufacture, by controct, our own branded products which hove been designed and meticulously174 words
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Advertisement158 1987-10-10 5 \Afekxxne to the new comforts of home There are changes in the air at Hotel Equatorial Kuala Lumpur. Most important is the total make-over in our rooms and suites, now in a modem, contemporary style that's a* charmingly comfortable. IHHHI A new refreshing look greets you at our lobby. Plush,158 words
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WORLD MARKETS
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324 1987-10-10 6 Reuter GUINNESS PEAT Group PLC managing director Michael Kerr-Dineen plans to have the firm's new strategy in place by the end of the year, including the appointment of a new chief executive for the Guinneea Mahon and Co Ltd merchant bank. Mr Kerr-Oineen told ReuterReuter - 324 words
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Article990 1987-10-10 6 New York Reuter WALL STREET stocks closed sharply lower on Thursday but a last hour recovery gave some participants hope that the downward correction unleashed on Tuesday was near an end. Few stock groups were spared damage in the broad decline. The Dow Jones Industrial AverageReuter - 990 words
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579 1987-10-10 7 London SHARES in London ware marked down at the outset yesterday after another sharp tall on Wall Street, but volume was small and selling interest light. On Thursday, share prices had rallied, fuelled by the Chancellor of the Exchequer Nigel Lawson's positive statements579 words
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Article1087 1987-10-10 7 Amsterdam OCT PL8 ABN 46 20 ♦01 Aagon as so -0 4 Ahold 102.90 0.9 174 80 4-08 148.00 AMEV Amro Bank. AM 8M ...88 90 8140 118.90 4-0.2 •0.1 4-09 Barkal 13.90 BOLS 140.00 4-0.7 Boraumli 120 •0.9 W*nrmtn IfTOfO Caiva 8a. 81.90 828 4-0.4 4-8 98 00 4021,087 words
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92 1987-10-10 7 Reuter BUSINESSMAN Sir Jack Lyons has been arrested by Scotland Yard police officers who are investigating the Guinness PLC, the police said on Thursday. "He was arrested in relation to possible offences of theft, forgery, and false accounting arising from the investigation by theReuter - 92 words
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Article1353 1987-10-10 7 Hongkong AFTER s firm opening, the Hongkong market quickly put on 18 points to mark an intra-day high of 3,963, led by a run in HK Land and small speculative issues. But ss word of a rise in local interest rstss went around the market, investor sentiment1,353 words
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Article140 1987-10-10 7 Reuter BARON EDMOND do Rothschild plans to offer shares in his family's bank in Geneva to the public. He told a news conference on Wednesday that Banque Privee Edmond de Rothschild SA needed to go public to keep growing. "But we (the family) will maintainReuter - 140 words
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Article539 1987-10-10 7 Reuter SHARE pricM in Tokyo yesterday rose slightly to a second straight record closing high, as a little of Thursday's massive buying strength spilled over, brokers said. The 225-share price index roee 52.02 points to a record closing 26.338.77. Earlier it roee to an intraday record of 26,381.73. TurnoverReuter - 539 words
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Article363 1987-10-10 7 Reuter AUSTRALIAN shares closed easier in lacklustre trading yesterday as investors took to the sidelines following mixed signals from overseas, brokers said. They said a US$3.lO rise in gold prices in New York did little to buoy interest in the mining sector while industrials were sold following another fallReuter - 363 words
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Article164 1987-10-10 7 Reuter THE SECURITIES Exchange of Thailand Index was up 8.54 to 451.08 on a turnover of 6,571,871 shares valued at 815.66 million baht Reuter OCT M 1 BAHT Ao Kham Thai Ayudhya Invaatman Bangkok Agro-Ind Bangkok Bank Bank 01 Ayudhya Charoong Thai Win A Catota 220 1. 480 194Reuter - 164 words
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Article277 1987-10-10 7 oct m NT +<- All Sincara Indue Aaia C*m*nt Cathay Con* UMM Bank wiWiy nwl Dtim 3f>#oa LOOOQ LUU f.m III tXni nun Chin Hun Flour. China Cham China Oav China Elact Wira China Guff PI as China Rabar China Steal Chung Hwa Pulp Chung Shing Tax Far Eaat277 words
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Article82 1987-10-10 7 oct os pesos MMNI Ac of# Mining Oriantai B PMlOvaraaaa PtWIax B -.0 0875 ..SOW -0 0025 •0 006 Anglo PWI 0 019 •0 009 Pirnn B unoh Apax Mining B 0 07S0 0 0025 PUDf •2 ■M 0 002 Atlas Con B Baguio Gold I San Mtgual B....82 words
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Page 6 Advertisements
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Advertisement869 1987-10-10 6 ':^+,,,~}<~>':(,[$-=\^(+]-![;<< £2285*1* Our special Thai Sh*vcuisine is the talk J? s You can now isssss^st" Braised Shark's p Crabmeat Snu -5 1 many more. Plus special A Thai Desserts A A'i at only $250 per person. -jfl Available For reservation* call *****11 Ext 8902. Plaza Hotel Beach Road. 0719 Hong869 words
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Advertisement164 1987-10-10 6 m U France at The Belvedere The Belvedere's French buffet luncheon. An incredible selection of more than 60 authentic favourites, from now till October 30. It's as good as being in France! 12.00 to 2.30 pm daily. Adult: $31 /Child: $15 Prices subject to 10% service charge and 3% govt.164 words
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Page 7 Advertisements
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Advertisement497 1987-10-10 7 m w in f i it 8 jZ-.Z 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,497 words
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LETTERS TO THE EDITOR
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Article507 1987-10-10 8 ONCE, there waa an aatronaut from the Third World, his nationality depending on where this story is related. He underwent a gruelling course, passed all the tests and was ready to go into space. "Just follow the instructions when the red light comes on," he waa507 words
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1052 1987-10-10 8 DMr Blr I am grateful to you for publishing my long latter (BT, Oct 3-4) on my concern about valuation practices in Singapore. I had written it entirely on my own initiative and without any malice or selfinterest, except that of an1,052 words
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318 1987-10-10 8 Chia Boon Pin - Chia Boon Pin Executive Director ntll tliiif l/fveiopfrl Aaeodaßon of S'poro Dtar Sir We refer to the exchange of letters that appeared in your paper over the past few months, expressing opinions and views on the Simplified Planning Approval System (SPAS)318 words
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Article, Illustration496 1987-10-10 8 Willy Shee - Willy Shee Director Richard EMs (Pis) Lid Dmt Sir We refer to the letter by your reader, "A CPF Investor", published on Oct 3-4, end would like to clarify certain points to avoid any misunderstanding and wrong interpretation of496 words
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668 1987-10-10 8 Janeks B Nakkawita - Janeks B Nakkawita I II r.a, .■Mlnlnßll voiTiiTiivvvunvr Ulf-k n M M l, i, |i^ nign vViiiitiiwon w uif l/WfifOCrlDC 90CI8IIII nfpUDivC of Sri Lanka Dmt Sir I am writing with reference to the editorial in your esteemed newspaper of Oct 9 on668 words
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140 1987-10-10 8 Jooeph Chan Hung Leung - Jooeph Chan Hung Leung kmova Ltd Duf Sir We would like to bring your attention to the misconception published in the article heedlined "Talking about quotas" (BT, Sep 22), in which it was stated: "Opening quotas to tender is not a new140 words
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217 1987-10-10 8 Busy B - Busy B Dmt Sir One of the most important aspects of any drive for increased productivity is the reduction of unproductive activities and expenditures. Coupled with this is the introduction of computerised and automated procedures and the reduction of paper work, which is a217 words
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Page 8 Advertisements
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Advertisement37 1987-10-10 8 BT welcomes letters from readers. Your letters must include your signature, full numbers, if any. You may add a pseudonym, if you wish. Address your letters to: The Editor, Business Times, 390, Kim Seng Roed, Singapore 0923.37 words
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Page 8 Miscellaneous
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Miscellaneous776 1987-10-10 8 CRYPTIC PUZZLE ACROSS 9 How one won easily, with the clock showing six thirty? (5, 4) 10 Attacked for having activated? (6, 2) 12 Eat when cold, cut up (4) 13 Way back, stands right inside (6) 14 Let bowl the hoop round inside, is very good (3-4) 15 Burn776 words
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Miscellaneous16 1987-10-10 8 BriStewrßaa&DicierS -rve HRnn'S DP\KeOG.viL. HAS e>££N Busy &> TOILETS ©Evening Standard Co ltd.l9U TOILETS <=> THROOGHN MA7£ J16 words
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Executive Lifestyle
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Article271 1987-10-10 9 THE NUMBER of times a new share issue is subscribed I attracts considerable interest. BT is thus quite used to I having readers asking for the outcome in advance of publication and we try to oblige if we are not too busy. With the Singatronics issue,271 words
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Article251 1987-10-10 9 TRENDS "YOUR BODY may be falling you, but your spirit wM go on forever," reads one card. "Soon you'N be wllh Qod," says anodwr, "WW you come buck and lad me what Bhe'a HkeT Theee are Just two phrosss ueed on grsstlng cards lor die251 words
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Article, Illustration875 1987-10-10 9 GENEVIEVE CUA - So how do find Singapore? TvU/CA- With GENEVIEVE CUA "SO HOW DO you find Singapore?" This weighty question almost always opens a conversation between a Singaporean and someone of a different nationality. Asksd in passing, I suppose it deserves a passing remark: an exuberant •Tine!" or a shrug snd noncommittal875 words
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Article, Illustration1054 1987-10-10 9 JAIME LYE - By JAIME LYE THE WHIFF of Aramis attracted the attention of my nostrils. I turned. And caught my breath. The Vision was clean-cut and square-jawed, with a sinewy physique poured into a pair of jeans that looked like he just won the leadPhotoS by ANDREW CHIN - 1,054 words
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Executive Lifestyle: Entertainment & Pursuits
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Article, Illustration836 1987-10-10 10 RICHARD SEAH - HEALTH By RICHARD SEAH THE BREAKFAST TABLE may not be s good place to read this article The other place where newspaper» are popularly read might be better. There. It would be appropriate to spare some thought for the often neglected organ, the colon. Incidence of colon836 words
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Article358 1987-10-10 10 LEE HAN SHIH - THEAT RE By LEE HAN SHIH IF ENUNCIATION is sll there is to drsms, then The Stsge Club should be given full marks for its production of Agatha Christis s Towards Zero. Unfortunately, the sudience did not turn up st the Drsms Centre five358 words
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Article, Illustration649 1987-10-10 11 JAIME LYE - CINEMA By JAIME LYE GOOD EVENING, Detroit. I'm Jesse Perkins with tonight's news. Actually, I'm really Leeza Gibbons you know, the bubbly blonde presenter who hosts Entartainmant This Waak with Rob Weller? Well, they gave me a shot on this new movie Roboeop,649 words
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322 1987-10-10 11 Jaime Lye - -by Jaime Lye WE ALL have some funny childhood stories to tell, but probably none as bizarre as that of writer Gordon Lachance (Richard Dreyfuss) in Stand By Me. Of course, it has something to do with the fact that the prince322 words
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Article, Illustration1147 1987-10-10 11 JEFFREY TSANG - MOTORING By JEFFREY TSANG THEY WERE anxious to impress. And who could blame them? They had to. It wasn't just another car to the beleaguered company. It was to be its new flagship. And a badly needed one, too. It was the new Alfa Romeo1,147 words
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Article, Illustration718 1987-10-10 11 GENEVIEVE CUA - PROFILE By GENEVIEVE CUA WITH HER FACE immaculately made up and her regal bearing, she could belong to the silver screen or grace the cover of any slick fashion magazine. But FeUda Wakwella Sorensen is most at home in a place that's far from glamorous718 words
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Article650 1987-10-10 11 Sakina Dhilawala - Compiled by Sakina Dhilawala CINEMA: Tha Witch»* of Eaatwlck starring Jack Nicholson, Cher, Susan Sarandon and Michelle Pfeiffer. Showing at Lido: 11; 1.30; 4; 6.45; 9.15. Tho Klndrad— starring David Allen Brooks, Amanda Pays, Talia Balsam and Kim Hunter, Rod Steiger. Showing at Cathay: 11; 1.30; 4; 6.30; 9.650 words
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552 1987-10-10 11 Jeffrey Tsang - MUSIC by Jeffrey Tsang EVEN BEFORE they appeared, it was obvious the concert by Repercussion was going to be an A to Z in percussion instruments. Strewn across the stage at the Victoria Concert Hall were all the musical instruments and other apparatus for552 words
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Executive Lifestyle: Sports
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Article, Illustration455 1987-10-10 12 WALTON MORAIS - TENNIS By WALTON MORAIS FORMER national champion Mahade. Hassan is looking for redaction while his succsssor seeks to antranch the new order whah the STC Crocodile hardcourt tannis championship climaxee at the Singapore Tennis Centra this weekend. The 30-year-old former champion, whose long reign st the455 words
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Article, Illustration445 1987-10-10 12 UPI Reuter MICHAEL CHANG, a 15-year-old wild-card entry at the U*****,400 WCT Scottsdale Open, advanced to the quarter-finals on Thursday with a 4-6, 6-1, 6-3 victory over Ben Testerman. Chang came back from a one-set deficit to eliminate Testerman, 25, of Knoxville, Tennessee. ChangUPI; Reuter - 445 words
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335 1987-10-10 12 GOLF AP Reuter WE§t GERMANY'S Bernhard fired an opening-round four-under-par 68 on Thursday to taMP an aarly lead in the *****0-mark (U*****,000) German Masters golf tournament. Langer, the 30-year-old tourfavourite, was followed closely by Ireland's Christy O'Cpnner and Britain's Tony Charnley, both ofAP; Reuter - 335 words
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Article, Illustration437 1987-10-10 12 BASEBALL UPI AP LOUIS Cardinals named Joe Magrane to pitch game three of tie National League playoffs on Friday night against the San Francisco Giants. Magrane, 23, became the second left-hander to start in ptape of Danny Cox during this best-of-seven series. HeUPI; AP - 437 words
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Article, Illustration211 1987-10-10 12 BOXING AFP MIKE TYSON will defend his world heavyweight crown against former champion Larry Holmes in January provided he wins against compatriot Tyrell Biggs at Atlantic City on Oct 16. Promoter Don King announced the match against the former WBC andAFP - 211 words
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751 1987-10-10 12 MIKE THUMBA - BRIDGE By MIKE THUMBA THE DOUBLING of an opening bid of one no-trump is different from the doubling of one-level opening bid in a suit. Certain considerations must be given before doubling the opening bid of one no-trump: e You are denied the751 words
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597 1987-10-10 12 Brian Miller - RACING OM TMCK with Brian Miller VISITING JOCKEY Gary Grylls. who drew s blank last weak, could put things right at Bukit Timah this afternoon, by taking a double with Silence Is Golden in Race 3 and Enlai's Bet in the 4th.597 words
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Article, Illustration378 1987-10-10 12 SOCCER THE WORLD youth soccer championship kicks off in Chile on Saturday with a whole new batch of young footballers looking to win glory for their countries by taking home the Coca-Cola Cup. The young hopefuls, all seeking eventual stardom,378 words
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282 1987-10-10 12 AMERICAN FOOTBALL Reuter A SPOKESMAN for US football players in their strike against team owners says there has been progress in talks aimed at settling the 17-day-old walk-out, but owners claim the two sides are still far apart. "They haveReuter - 282 words
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Executive Lifestyle: Personal Investment
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883 1987-10-10 13 RAMESH CHANDIRAMANI - The case for getting out one broker's view PLANTATION STOCKS mm wmi RAMESH CHANDIRAMANI IN SPITE OF uptrend production and potential demand statistics for Malsysian commodities, at least one broking firm feels that some of the major plantation stocks are starting to get too pricey. In an analysis of the883 words
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Article, Illustration154 1987-10-10 13 i RC THE QUIET but generally steady performance of the local stock market this week has vastly improved the technical profile of most individual stocks. Several of them are beginning to repair the intense damage suffered previously, while others, like Yeo Hiap Seng Ltd,RC; Source: Chartamatic - 154 words
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Article, Illustration1142 1987-10-10 13 CHARLES SAVAGE - PRECIOUS METALS By CHARLES SAVAGE ALARMED BY THE recent decline in platinum prices, investors in this very precious metal may be wondering whether the bubble has burst end if it's time to sell out. The price of platinum rose sharply in 1965, surpassing the price1,142 words
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Article, Illustration789 1987-10-10 13 ROSIE TAN - NEW ISSUES By ROSIE TAN "YOU HAVE TO SELL at the opening of the first day of dealing. The golden rule it that if you are serious about being a stag, you should stick to stagging. Wait any longer and you risk being turned789 words
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716 1987-10-10 13 ART Sotheby's Research Department THE 1987/88 art market season "officially" began last month. As usual though, business activity does not move into top gear until the latter part of this month. But while there have been few actual results on which toSotheby's Research Department - 716 words
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Page 9 Advertisements
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Advertisement15 1987-10-10 9 The only Card youH ever really need. Call 732 2244 for an application form today.15 words
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Advertisement133 1987-10-10 9 Inside The Hour Glass. The Architects of Time T r» -V ~*r. *> j- SV? v J I**- w* fv v Ml It II (I 111 ££S& *VC# V~V*- You build on the beauty of an Ebel when you buy it at The Hour Glass. mi; m—mm We know more133 words
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Page 10 Miscellaneous
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Miscellaneous996 1987-10-10 10 Today JMBBC 88.9 mHz In VHF Band II i BAM World News 8.88 The Work! Today. 648 A Letter from Northern Ireland. 640 Financial News. 6.40 Reflections. Sports Roundup. 7.80 Workj News. 7.09 Commentary. 7.18 From the Weeklies. 7.30 Multitrack 3. 8.80 World News. 8.08 News about Britain. 8.18 Radio996 words
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Page 13 Advertisements
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Advertisement7 1987-10-10 13 TlmM, 390 Kim S*ng Road, S'por* 0923. :'|^-<-;[+^*['$!.>%@?&$=`"&;]|+7 words
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STOCK EXCHANGE OF SINGAPORE
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Article, Illustration3990 1987-10-10 14 THE STOCK MARKET cloeed on a strong not* yesterday after lata buying interest (especially in blue chipe such as SI me Darby) lifted what had been for the moat part a flat trading day. For the second day. Sing marine was3,990 words
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Article225 1987-10-10 14 SINGAPORE Rises SmeH-U 660 Th+nimtn 50* 217 mrnmrnm Corp* 31* Gaorga Team 257 >'■»»' Corp* 400 ItMSOf 170 DBS 1760 SI A 1490 MNro HMp 1400 SM 623 0 Knaml 610 20 10 1* 13 13 •na 10 10 10 10 10 In tT Ci up i*i225 words
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Article3090 1987-10-10 14 BID and after prices officially listed and business in and repotted to the Stock Exchange of Singapore yesterday with the number of shares traded shown in brackets In lots of 1,000 units unless otherwise specified. AQ Time Settlement Contracts are quoted after the word "SETT'.3,090 words
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COMPANY MEETINGS
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22 1987-10-10 14 18th AGM at Jslsn Utas, Shah Alam. Industrial Estate, Shah Alam, Selangor on Thursday, Oct 15, at 9am.22 words
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Article28 1987-10-10 14 25th AGM at the Conference Room, 22nd Floor, Plaza See Hoy Chan, Jalan Raja Chulan, ***** Kuala Lumpur on Thursday, Oct 15, at 10am.28 words
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20 1987-10-10 14 28th AGM at 4 Jalan Tandang, ***** Petal ing Jaya, Selangor on Oct 17 at 10am.20 words
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Article21 1987-10-10 14 27th AGM at the Conference Room, Malayawata Steel Berhad, Prai, Province Wellealey on Monday, Oct 19, at noon.21 words
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Article27 1987-10-10 14 Bth AGM at The Grand Hall, Hotel Grand Continental, 10th Floor, Jalan Belia/Jalan Raja Laut, ***** Kuala Lumpur on Tuesday, Oct 20. at 11am.27 words
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24 1987-10-10 14 22nd AGM at the Bunga Kenanga. Pan Pacific Hotel. Jalan Putra, ***** Kuala Lumpur on Thursday, Oct 22, at noon.24 words
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Article28 1987-10-10 14 46th AQM at the PNB Theatrette. 2nd Floor, Menara PNB, 201-A, Jalan Tun Razak. ***** Kuala Lumpur, Malaysia on Friday. Oct 23. at 10am.28 words
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25 1987-10-10 14 28th AQM at Wiama Taiko, No 1. Jalan S P Seenivasagam, Ipoh, Perak. Malaysia on Friday, Oct 23, at 11.45 am.25 words
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Article26 1987-10-10 14 9th AQM at Chempaka Room, M Floor. Hotel Equatorial, Jalan Sultan Ismail, ***** Kuala Lumpur on Saturday, Oct 24. at 9.30 am.26 words
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Article24 1987-10-10 14 9th AQM at Pan Pacific Ballroom, Pan Pacific Hotel. Jalan Putra, ***** Kuala Lumpur on Saturday, Oct 24, at 11.30 am.24 words
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Article26 1987-10-10 14 65th AQM at The Grand Hall, 10th Floor, Grand Continental Hotel. Jalan Belia/Raja Laut, ***** Kuala Lumpur on Tuesday. Oct 27. at 11am.26 words
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28 1987-10-10 14 26th AGM at Petaling Jaya Hilton Hotel, 2 Jalan Barat, ***** Petaling Jaya, Selangor Darul Ehsan on Thursday, Oct 29. at 2.30pm.28 words
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24 1987-10-10 14 73rd 1 *> (UPW ««or o♦ No 20), Jalan Hang j*. S" 1, on Friday, Oct 30, at 11am.24 words
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Page 14 Advertisements
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Advertisement16 1987-10-10 14 KL msrfcst report, Butlnm dono on th« KLBE, Pig* 15 Unit Trusts tstXs on Psgs 1516 words
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COMPANY NEWS
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421 1987-10-10 15 CORRINA LIM - By CORRINA LIM KUALA LUMPUR-LISTED insurance group British American Life A General Insurance Bhd (BAL) is making a takeover offer for a Singapore life assurance company. The deal values the target company The Public Life Assurance Company (PLA) at $11.25 million. The principal421 words
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435 1987-10-10 15 THE BOOMING Hongkong stock market is continuing to sttract companies to seek listings on the Hongkong Stock Exchange while the prevailing bullish sentiment is encouraging companies slready listed to make sizeable shares placements. Yesterday alone, two more companies announced plans to float their shares435 words
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Article2568 1987-10-10 15 SHARE PRICES in Kuala Lumpur finished mixed to slightly steadier again yesterday in active trading. Renewed interest was noticeable among the low-er-iiners which have been subjected to lukewarm response on most days of the week. Many recorded gains of less than 10 cents. While most blue2,568 words
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Article271 1987-10-10 15 Monogors' prion for Oct 10 12 MS Bank Shoaton Gr Fund 1.12 1.17 Singapore Unit Trust Japan Gr Fi«d Sb*»lo« TWMt Fund 15* IjW Ul 101 TM CO—1 fCI 113 IJ0 Tk* Sovatgt Fund S'por* Prog Fund no 04» 1.17 OSS' UOB Mane iQinignl S'por* Vnc Fund OA271 words
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Article110 1987-10-10 15 HONGKONG Hongkong Indox Friday 3882 42 Thursday Closad W##k ago 2599 59 Hang Song Indox Friday 2574 15 Thursday Oosad W Mk OflO *****4 All Industrials Friday 3314.6 Thursday 3326 5 WMk oflo 3343 4 NEW YORK Dow Jonos Thursday 2516.64 Wadnasday 2551.08 WMk oeo *****9 TOKYO Nikkei110 words
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Article, Illustration536 1987-10-10 15 ROSIE TAN - By ROSIE TAN METRO HOLDINGS Ltd has sold its entire shareholdings in two of its subsidiaries to Asian Link Corporation Ltd (ALCL). an Australian company which is in the process of getting its shares quoted on the Australian Stock Exchange Ltd. The sale price536 words
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COMPANY BRIEFS
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Article93 1987-10-10 15 KUALA LUMPUR-Kepong Bhd (KLK) has agreed to acquire Masawit Plantation Sdn Bhd's entire shareholding for M 5999,200 cash A sale and purchase agreement had been signed with Maaawit's shareholders in which 10 per cent was paid in advance with the balance payable on Oct 31. KLK93 words
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Article41 1987-10-10 15 KECK SENG (M) Bhd has re- ported interim group after-tax profits and minorities of M 55.92 million (M 55.7 million) on turnover of M 569.36 million (M 563.53 million) for the six months ended June 30, 1967.41 words
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73 1987-10-10 15 METROPLEX Bhd said injunctions preventing two sharehold- ers of KAF Securities Sdn Bhd from selling their shares in the company had been dissolved on Oct 6. Accordingly, Metroplex will proceed with its proposed acquisition of six million sharee representing slightly lees than SO per73 words
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Page 15 Advertisements
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Advertisement398 1987-10-10 15 NOTICES JLi *3L I. 4 Wv PTB LTD VOLUNTARY LIQUIDATION At an Extraordinary General Meeting of the Company deemed to be held at 36 Robinson Road #17-00 City House, Singapore 0106 on the 06 Oct 1987 the following special resolution was duly passed: "That the Company be wound up voluntarily398 words
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Advertisement708 1987-10-10 15 OVERSEA-CHINESE BANKING CORPORATION LIMITED (Incorporated In the Republic of Singapore) NOTICE OF EXTRAORDINARY GENERAL MEETING NOTICE IS HEREBY GIVEN that an Extraordinary General Meeting of the stockholders of the Company will be held at 65 ChuKa Street #19-00, OCBC Centre, Singapore 0104 on Wednesday, October 28, 1987 at 11.30 am708 words
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314 1987-10-10 16 National yet to hear more from US parent company NATIONAL Semiconductor Corps takeover of Fairchild Semiconductor Corp, finalised on Wednesday in the US, will not affect their operations in Singapore at least for the time being. A spokesman at National Semiconductor Asia Pacific314 words
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141 1987-10-10 16 THE INFLUENTIAL American Electronics Association, a loading trado group for electronics manufacturers in the US, will set up a representative office in Singapore early next year. According to the Singapore Broadcasting Corporation last night, AEA's decision was made in view of "the strong141 words
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Article60 1987-10-10 16 SIMEX achieved two turnover records yesterday. It achieved an estimated 24,100 lots in total trading volume as against the previous record of 21,956 lots traded on April 15 this year. For the Eurodollar contract, the new record was an estimated 21,600 lots compared with the previous60 words
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Article, Illustration316 1987-10-10 16 UPI AFP COLONEL Sitiveni Rabuka, the self-proclaimed President of the Republic of Fiji, told his all-na-tive Fijian council of ministers yesterday that elections to give Melsnesians political control over majority Indians would be held within a year. In swearing in the 20 new ministersUPI; AFP - 316 words
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322 1987-10-10 16 THE PORT of Singapore Authority will realise a net operating surplus of $245 million next year, of which about half will come from its Tanjong Pagar Terminal operationa. But it is also expected to spend $256 million on developing new and322 words
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481 1987-10-10 16 UPI AFP INDIAN pescskssping forcss yesterdsy Isunched dewn attacks on rebel bases in northern snd eastern areas, detaining at least 90 Tsmil militsnts, ths Indisn High Commission in Colombo ssid. At sbout ths same time, s bomb exploded in s pro-govern-mentUPI; AFP - 481 words
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264 1987-10-10 16 DEBT-RIDOEN coffee trader Teck Hock Co, the target of a takeover bid by United Induatrial Corporation, received court approval yesterday to proceed with its revival plans. However, a majority of creditors representing three-quarters of the outstanding debta must approve the echeme of arrangement264 words
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Article91 1987-10-10 16 Reuter COMEX GOLD FUTURES dropped back to unchanged levels yesterday following a disappointing upturn in the morning on news of the clash between US and Iranian forces in the Gulf. December gold retreated to unchanged levels at U*****.50 an ounce with buyers satisfied at the U*****.70Reuter - 91 words
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Article79 1987-10-10 16 WALL STREET stocks showed broad losses but blue chips improved slightly from their early slide yesterday. The market fell under the weight of rising bond yields, but recovered partly on bargain buying. The Dow 30 index was off five at 2512, rebounding from the 2500 level. Declining79 words
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216 1987-10-10 16 UPI AFP VIETNAM yesterday announced support for the latest Phnom Panh government paaca plan, but Thailand rejected a provision for international supervision of the Thai-Cambodian border. A Vietnam government statement carried by the Vietnam News Agency said it "fully supports" the fivepoint plan issuedUPI; AFP - 216 words
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288 1987-10-10 16 Bernama DAP Secretary-General Lim Kit Siang was yeaterday arrested for being involved in an illegal picket and allegsdly challenging the police. Also arreated were Johor DAP chairman S K Song, who ia assemblyman for Bandar Maharani; assemblyman for Durian Daun, Melaka, Kirk KimBernama - 288 words
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LATE FILE
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46 1987-10-10 16 Reuter PRESIDENT Corazon Aquino hat named leading Senator Raul Manglapua as the Philippines' new Foreign Secretary, the presidential palace •aid yesterday. The foreign secretary post fell vacant on Sep 16 when Salvador Laurel, who remaina Vice-President, resigned from Vte cabinet ReuterReuter - 46 words
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Article51 1987-10-10 16 UPI CHMA's newt msdis warned inniiil Viet rsnswsd anttChin— unrest msy srupt in TM end Isedsrs of recent dsmonatrettons in Vts Himalayan region have been or* dered to turn themaetvee over lo police, foreign journelisti m Lhaaa, the cepHel. were under orders to leeve by midnightUPI - 51 words
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Article42 1987-10-10 16 Bernama THE Malaysian government haa earmarked 35 more of its departmenta, agenciea and servicea for privatiaation. Among them are thoee related to tourism, inspection of commercial vehiclea, light rail tranaport, radio advertiaement, aecurity printing and garbage incineration.Bernama - 42 words
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Article53 1987-10-10 16 Reuter PRINCESS Alexandra, a cousin of Quaan Elizabeth, yesterday bagan the first British royal viait to Pakiatan in 26 years. During a sevenday stay in the former Britiah colony, she will visit a camp for some of an estimated three million refugees from the guerilla warReuter - 53 words
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Article34 1987-10-10 16 Reuter HUNGARIAN communist party leader Janos Kadar left yesterday for a five-day viait to China, his first in 30 years. The viait is expected to cement warming bilateral relations, ReuterReuter - 34 words
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Article55 1987-10-10 16 UPI AUSTRALIA served notice on Thursday that it may be forced by the growing coat of international organisations to leave some United Nations agencies. In his speech to the UN General Assembly, Australian Ambassador Richard Woolcott did not say which of the many agenciesUPI - 55 words
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Article64 1987-10-10 16 AFP A RARE American stamp called Lady McQill' that sold for two cents when it was printed in 1852 fetched US$l.l million recently, making it the most expensive stamp sold in the world, according to the seller. "It was the highest price ever paid forAFP - 64 words
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Page 16 Advertisements
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Advertisement58 1987-10-10 16 IF YOU WANT TO KNOW T I on A'tves .unenl M and o \(OU^ S r *v\; V 1 < nich say /it's Wl save tHe experts-go/to sayvon divestmefi Howtoqthe MCA be'aild-jjot be Cninese How does ama rketm vestor/d ec i d e/whe njo come in, staydotor/sell out? GET YOUR58 words
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Advertisement280 1987-10-10 16 The University of Melbourne Graduate School of Management MBA Applications are invited for admission to the 1988 MBA program. This is a two year full-time program commencing in March 1988 and is offered on a full fee-paying basis to overseas students. Applicants should have a university degree and at least280 words
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