The Business Times, 14 June 1986

Microfilm: NL15454
Total Pages: 12
1 12 The Business Times
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  • Title Section
    Masthead
    12 1 BUSINESS TIMES M.C. (P) No. 192/12/85 SATURDAY, JUNE 14, IIBC 75 CENTS
    12 words
  • Article
    Residents in south-east of island to get free weekly tabloid
    409 1 A NEW NEWSPAPER will be launched next month, but it will be a paper with a difference. It will be free, and only selected households will get it. Weekend East, a weekly tabloid paper, will be Singapore's first freesheeter a
    409 words
  • Article
    Top spot for stock market
    655 1  -  Best performing equity market in May By RAMESH CHANDIRAMANI IN THE MONTH of May when most other major stock markets were heading down, the Singapore stockmarket stood out among the crowd as a strong exception. It emerged as the best performing equity market in the
    655 words
  • Article, Illustration
    Richard Hu to give keynote speech at Asia-Pacific economic symposium
    243 1 FINANCE MINISTER Dr Richard Hu is to deliver the keynote speech at an Asia-Pacific economic symposium to be held in Tokyo later this month. The symposium, "Towards the establishment of an Asia-Pa-cific economic network in anticipation of the emergence of
    243 words
  • Article
    Data General planning to set up a computer software centre
    456 1 TWO DAYS after it announced the transfer of some of its Hongkong operations to Singapore, Data General has disclosed that it is now seriously considering setting up a software centre here. It could be ready in as little as three
    456 words
  • Article
    When Singapore cuts wages, South Korea follows
    252 1 SOUTH KOREA did not sit back when Singapore took steps to improve its ability to compete in the world market. It lowered its wage costs in response to similar moves made here, said a union leader yesterday. Immediately after Singapore announced the wage
    252 words
  • Article
    Lock icon Petronas to drill more wells
    108 1 AFP MALAYSIA'S national oU company, Petronas, will drill about 120 exploration wells over the next four years in spite o< the continuing drop in oil prices. Abdul Aziz Mahmud, the vice-president (or exploration and production, said in the latest issue of the company's news bulletin
    AFP  -  108 words
  • Article
    Wanted — a Singaporean deserving of an award
    331 1  - Wanted a Singaporean deserving of an award By GOH YEE LING THE WORLD'S detectives are on the hunt for a Singaporean for the "Truth in Action" award, presented each year to someone who has risked limb or life for society. Their deadline is September, when private eyes from around the
    331 words
  • Article
    Lock icon GE faces anti-nuclear boycott
    115 1 AFP THE PRIVATE organisation that led a successful seven-year boycott of Nestle's powdered milk has launched a boycott against General Electric Corp to force it to stop making components for nuclear weapons. The organisation, Infact, announced on Thursday that it would buy television time to appeal
    AFP  -  115 words
  • Page 1 Advertisements
    • Advertisement
      Page 1 Advertisements Column 1
      96 1 Nikon THE WORLD'S FINEST PHOTOGRAPHIC SYSTEM Challenges Met/ Opportunities STc^li At Banque Indosuez, we turn challenges into opportunities. We have applied our expertise in Treasury, Foreign Exchange and Capital Markets and have designed new products, techniques and strategies to help you cope with increasingly complex and difficult currency and interest
      96 words
    • Advertisement
      Page 1 Advertisements Column 2
      241 1 =-`!,*_%}(,%./;@%!)\]=%/[&|[(]> raiDß OUR VIEW LATECOMERS HAVE POSED PROBLEMS ot two of the Am Festival ©vents. Common courtesy seems to be sadly lacking among a small hardcore of persistent offenders. The unpunctuals are unfoir to performers and their fellow members of the oudience. LEADER, Page 6 AN AMERICAN integrated circuits manufacturer
      241 words
    • Advertisement
      Page 1 Advertisements Column 3
      38 1 Ikon THE WORLD'S FINEST PHOTOGRAPHIC SYSTEM Staff of 21 amployar groups forgo waga riaa, Paga 2 "a* <4** 2fr^k**. •i mwm V* *>• sasL*?.- /J-- >, «sg»V* t r; V *.'/> S i*. •»> .irl v\ r.S# "ft A' 2 ~-e A
      38 words
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  • HOME NEWS
    • Article
      American IC maker turns to Singapore
      475 2  -  VTC appoints sales representative and design centre By ANNA TEO AN AMERICAN integrated circuits (IC) manufacturer is turning its attention to the Singapore market with the appointments of a odes representative and a design centre to assemble and test the company's high-perfor-mance semiconductors. Minnesota-based
      475 words
    • Article
      Pearl & Dean wins MRT advertising contract
      274 2 Pearl Dean wins MRT advertising contract PEARL AND DEAN Pte Ltd has beaten four other tenderers for a contract for advertisement displays in Mass Rapid Transit stations. Its winning formula was a nominal $1 for consultancy services and 22 per cent of gross advertising revenue. The advertising contract covers the
      274 words
    • Article
      More song and dance
      147 2 SINGAPORE FESTIVAL OF S RTS /> 2986 J2 MORE MUSIC and dancing will be served to audiences who have patronised the Festival of Arts. The Mario Maya Gypsy Flamenco Theatre have added a matinee dance to be performed tomorrow at 2.30pm at the Victoria Theatre. At
      147 words
    • Article
      Amex visitors spending less
      328 2  -  By ALVIN TAY AMERICAN EXPRESS card members who visited Singapore last year charged less to their accounts the first drop since Amex started operations here in 1977. Hie 12 per cent fall to $294 million reflected the generally poor economic climate and the drop in local
      328 words
    • Article, Illustration
      New hepatitis-B vaccine
      221 2 SINGAPOREANS seeking prevention from hepatitis-B, an endemic viral disease that attacks the liver, can turn to a new yeast-based vaccine produced by a multinational pharmaceutical company. Singapore is one of the first countries to begin marketing ENGERIX-B, the trade name of the new vaccine produced by SmithKllne
      221 words
    • Article
      HDB building $8.5 million Bishan Park
      322 2 A LARGE PARK with ponds, a lake and some natural forest is being built by the Housing and Development Board for $8.5 million between Upper Thomson Road and Ang Mo Kio Avenue L When completed in mid--1988, the Bishan Park will be one of
      322 words
    • Article
      Aged should keep working: Tony Tan
      289 2 SENIOR CITIZENS should stay on the Job for as long as they can, and there is no reason why they cannot be productive after they reach 55 or 60, according to Education Minister Tony Tan. Singapore should encourage them to remain active and working
      289 words
    • Article
      Corrections and clarifications
      78 2 YESTERDAY'S BT report, "Jobless not responding to vacancies: Boon Yang", stated that the electronics industry had 6,000 Job vacancies. The Ministry of Trade and Industry has clarified that the figure referred to the industry's projected number of additional workers required in the next six months. The number,
      78 words
    • Article
      Notice of motion filed in Parliament on Commission's terms of reference
      288 2 Mr JB JEYARETNAM, the MP (or Anson, has filed notice of a motion (or Parliament to debate the terms of reference of the recent Commission of Inquiry into the independence and impartiality of district judges. The motion asks the
      288 words
    • Article
      Irish trade team on Asean tour
      68 2 AN IRISH trade delegation arrives in Singapore today on the first leg of its four-country Asean tour. The mission is the fourth of its kind to Singapore and is headed by Mr Michael Noonan, the Irish Minister for Industry k Commerce. The 25-member team
      68 words
    • Article
      Making an Impact in Chicago
      113 2 ARTHUR ANDERSEN Associates will present Impact at the Advanced Manufacturing Systems Exposition and conference '86 in Chicago. Impact stands for Integrated Material Handling, Production And Control Technology. The exhibition, from June 24-26, is designed to demonstrate the "state of the market" products available. It will
      113 words
    • Article, Illustration
      Staff of 21 employer groups forgo wage rise
      361 2  -  By CHUANG PECK MING STAFF OF 21 major employer groups are to sacrifice their pay rise this year in support of the wage standstill recommended by the National Wages Council. Led by the Singapore National Employers Federation, the employer organisations also called
      361 words
    • Article
      SHIPS IN PORT
      885 2 AT CONVENTIONAL WHARVES Vessel Berth Agent Arrival Departure KEPPEL WHARVES Bintang Sena K24E SSPL alongside 14.6/1500 Equator 4 K23 Thong Soon alongside 14.6/0300 Rajah Brooke K25W SSPL alongside 14.6/0600 Iweri KI9 Pelni 14.6/0700 14.6/2300 Builder 3 K23 Thong Soon 14.6/1500 15.6/0700 Lampung Kll Heap Seng 14.6/1900 15.6/0600
      885 words
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  • ASIA-PACIFIC
    • Article, Illustration
      Lock icon Japanese economy facing recession
      519 3 Reuter JAPAN is entering a recession as the growth of its powerful economy grinds to a virtual halt after being punched by a stronger yen and slower growth abroad, according to senior bank economists. "The picture of the current economy as a whole is that of
      Reuter  -  519 words
    • Article
      Lock icon Dip in US retail sales worries economists
      352 3 AP TWO US GOVERNMENT reports have shown weak consumer spending and declining business investment, giving economists new cause to worry about American economic growth in 1386. A slumping oil industry cut into US industrial investment plans, said the government on Thursday. Retail sales
      AP  -  352 words
    • Article
      Lock icon 'Textile talks to be resumed'
      250 3 AP THERE ARE PLANS for textile talks between South Korea and the US to be resumed before negotiations on the Multi-Fibre Arrangement (MFA) wind up in July. The Yonhap news agency in Seoul said yesterday that the decision resulted from a two-day meeting in the
      AP  -  250 words
    • Article
      Lock icon Asian-Pacific trade ministers meeting in Bangkok
      134 3 AFP TWELVE MINISTERS and deputy ministers of trade from Asian-Pacific countries are meeting in Bangkok next week to assess regional trade performances and prospects. Thai Premier Prem Tinsulanonda will open the three-day conference on Monday. The event is to be held under the auspices
      AFP  -  134 words
    • Article
      Lock icon Tokyo, Bonn urged to stimulate economies
      449 3 Reuter FEDERAL RESERVE Board vice-chairman-designate Manuel Johnson has urged West Germany and Japan to stimulate their economies to help sustain the global economic recovery. In a Senate confirmation hearing on Thursday, Mr Johnson made it clear, however, that the US would have to look
      Reuter  -  449 words
    • Article
      Lock icon 'One country, two systems will not work'
      276 3 AP TAIWAN'S unofficial envoy in Washington has said that the "one country, two systems" plan for restoring Hongkong to China will work neither for Hongkong nor Taiwan. Announcement of the scheduled 1997 reversion from British to Chinese rule has already brought "drastic economic
      AP  -  276 words
    • Article, Illustration
      Lock icon Mochtar dismisses poll findings
      321 3 AP INDONESIA will ignore a poll showing that many Australians see Indonesia, rather than the Soviet Union, as the greatest threat to Australia's security, Foreign Minister Mochtar Kusumaatmadja said. "We should not take the threat perception too seriously," Dr Mochtar said on Thursday. "It was only
      AP  -  321 words
    • Article
      Lock icon Americans act against copyright violators
      172 3 Reuter DISTRIBUTORS of US books, records, tapes, movies and computer software are stepping up efforts to try to end foreign copyright violations they say cost them some US$l billion a year. William Maxwell, an official of the Computer and Business Equipment Manufacturers Association, said on
      Reuter  -  172 words
    • Article
      Lock icon Asean considering PNG as member
      74 3 AP THE Association of South-east Asian Nations is studying Papua New Guinea's request to sign the 1975 Asean treaty of amity and cooperation, Indonesian Foreign Minister Mochtar Kusumaatmadja said on Thursday. He said the treaty, signed by Singapore, Indonesia, Malaysia, Thailand and the Philippines, included
      AP  -  74 words
    • Article
      Lock icon Five-nation optical fibre project
      148 3 AFP AN UNDERSEA optical fibre cable linking South Korea with Hongkong via Japan will be completed in 1990 under a 35 billion yen (US$2OO million) five-nation project. KDD, the Japanese international telecommunications service, said in Tokyo on Thursday that it would share one-third of the estimated
      AFP  -  148 words
    • Article
      Lock icon Guangdong to legalise management reforms
      277 3 AFP GUANGDONG PROVINCE, China's most enthusiastic initiator of free market-oriented reforms, is to draft legislation legalising newly-developed management methods. The legislation is among 40 economic decrees covering bankruptcy of foreign-backed businesses in special economic zones, administration of economic and technological development zones, and the inspection
      AFP  -  277 words
    • Article
      Lock icon France eyes Chinese market
      148 3 Reuter FRANCE hopes to use next week's visit to the country by Chinese communist party secretary Hu Yaobang to boost trade relations with China. France's Trade Minister Michel Noir said on Thursday that Paris had chosen China as one of the prime export growth markets in
      Reuter  -  148 words
    • Article
      Lock icon Exporter pleads guilty to high-tech trade
      305 3 AP THE PRESIDENT of a semiconductor company has pleaded guilty to charges of aiding and abetting in the illegal export to Hongkong of spare parts for high technology equipment, according to US officials. Philip Tai Teik-Jan was indicted by a federal grand jury last
      AP  -  305 words
    • Article
      DAILY AIRCRAFT MOVEMENTS
      846 3 ARRIVALS Operator Sorvico number Local tWn* From SIA UA CAL MK MAS KAL CV MAS MAS AC SIA CPA RBA G1A SIA SIA SIA THAI MAS GIA SIA SIA GIA THAI SIA SIA SQH7 UA805 Q333 MK746 MH681 KE624 CV796 MH811 MH671 AC858 SQI03 CX710 BM21 GA960
      846 words
  • Page 3 Advertisements
    • Advertisement
      Page 3 Advertisements Column 1
      47 3 I I Every Tuesday, Thursday, I I VI I II II \l Sunday. Leaving Changi Aifport at 1 1 JL—J V_AJ- 1 22:05 hours and oroving ot-> H at 07 05 hours the following morning. Call Air Canoda at *****55 or J^o.* Trovri Agent. Al R CANADA
      47 words
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  • REST OF THE WORLD
    • Article
      Lock icon US urges restraint during Soweto riot anniversary
      433 4 AP Reuter, AFP THE WHITE HOUSE has called on South African authorities and black opposition groups to show "restraint" during next week's 10th anniversary of the Soweto riot, but made no comment on Pretoria's imposition of a nationwide state of emergency and the
      AP; Reuter,; AFP  -  433 words
    • Article
      Lock icon Ontario doctors strike over fees
      196 4 UPI DOCTORS across Ontario went on strike on Thursday, shutting their offices and refusing to see routine cases to protest against proposed laws that would restrict fees. The Ontario Medical Association said it did not know how many of 15,000 doctors in Canada's most populous
      UPI  -  196 words
    • Article, Illustration
      Tea with the Prime Minister
      70 4 MARGARET THATCHER serves cakes to Chris Devise, 15, frsm Washington DC sad Pmm Bash frsm Pennsylvania at 11, Dewalng Street en Thsrsday. The British Prime Minister heM a tea party far same Americans whs wen tree trips to I raits the latest British Md to
      70 words
    • Article
      Lock icon American stand on Salt II under fire
      276 4 AP THE US CAME in for a dou-ble-barrelled assault on Thursday in the European Parliament for abandoning the Strategic Arms Limitation Treaty and for imposing curbs on European imports. Parliamentarians from across the political spectrum teamed up to support a resolution which "strongly
      AP  -  276 words
    • Article
      Lock icon 'Glitches' in US-Canadian ties
      155 4 UPI US VICE-PRESIDENT George Bush has said that American tariffs on Canadian lumber products were "glitches" in the nation's trade relationship that would not lead to a trade war. Mr Bush made the remark as he toured the US pavilion and several state exhibits at the
      UPI  -  155 words
    • Article
      Lock icon Giscard criticises shared control over foreign policy
      342 4 Reuter FORMER president Valery Giscard d'Estaing has said that France's image abroad is being put at risk by the shared control exercised over foreign policy by the president and the premier. Speaking at a foreign press lunch in Paris on Thursday, Mr Giscard
      Reuter  -  342 words
  • RAW MATERIALS
    • Article
      SOYBEAN
      260 4 SOYBEAN FUTURES on the Chicago Board of Trade closed IV* to three US cents per bushel lower on Thursday, with July settling at U555.32, near the bottom of a 13/4-centl 3 /4-cent range. The generally good start to the crop and ample soil moisture reserves across the midwest kept
      260 words
    • Article
      RUBBER
      272 4 SINGAPORE The market closed slightly higher yesterday with July One RSS buyers quoted at 168.25 cents a kg, up 0.50 cent from Thursday. The morning session lost 0.25 cent on lack of interest in very quiet trading. The market gained ground in the afternoon on some buying interest following
      272 words
    • Article
      RAS and MRELB
      272 4 RAS prices in S cents/kg, FOB in bales NOON CLOSE Buyers SeNers Buyers Sellers Int 1 RSS Prompt 168.25 169.25N 169 00 170.00N lot 1 RSS July 86 167.50 168 00 168 25 168.75 Int 1 RSS Aug 86 168.00 168.50 169.00 169.50 Int 2 RSS O
      272 words
    • Article
      SSR and SMR
      105 4 (cents/kg, 1-ton poltets) jyj_Y 86 AUGUST 86 (current month) (forward month) NOON NOON has Buyers Sellers Buyers Sellers SSR 20 159 00 161 OON 159 50 161 50N SSR 50 156 00 158 OON 156 50 158 50N MRELB S#H«ri Buyers Seders SMR CV ***** 219 50N
      105 words
    • Article
      KL Tin
      111 4 TIN PRICE ea the Kult Lampar Tin Market rose uiae tests to M 514.21 per kg yesterday, (el-lew-threagh hat scattered Japanese aad Malaysian baylag sappert. Dealers said tradlag vm fairly qaiet aad total etferiags feU to 75 toaaee frem M tenses ea Thursday, ss meet miners had already
      111 words
    • Article
      WHEAT
      269 4 WHEAT FUTURES on the Chicago Board of Trade closed down 5 V* to 2Va US cents per bushel on Thursday in light trade, with July settling at U552.47%, near the bottom of a 4V4-cent range. Wheat prices eased steadily on trade talk that Senate majority leader Robert Dole of
      269 words
    • Article
      LONDON MARKETS
      744 4 COFFEE Nervous short-covering triggered by the morning's fall to second position 33-week lows found some support from New York on Thursday afternoon and overcame trade selling pressure to leave robusta futures with pared losses from Wednesday night of £39 to £40 a tonne. At the close, second position
      744 words
    • Article
      Produce exchange
      145 4 Chine** Produce Exchange Sellers' noon closing prices on June 13 (S$/100 kg). Coconut oil Bulk FOB 48 00 Old drum FOB 61 00 New drum FOB 65 00 Copra 26 Mixed (loose) buyers Pepper Muntok White FOB NLW 1137 50 Sarawak White FOB faq NLW 1122.50 Sarawak special
      145 words
    • Article
      PALM OIL
      167 4 MALAYSIAN crude palm oil prices closed lower yesterday on further selling and buyer reserve in line with the (all in palm oil futures and weaker overnight Chicago soyoil futures. Uncertainty over the outcome of India's weekly palm oil tender on Thursday was also a dampening factor. Interest again
      167 words
    • Article
      RICE
      65 4 Bangkok (US$/tom««. FOS) White Rice 100% 1st doss 245 100% 2nd doss 220 100% 3rd clots 215 5% 205 10% 200 15% 195 20% 185 25% 175 35% 170 Broken Rice A-l Super 118 A-l Special 115 C I Speciol unq C-l Od unq Loonzoin Rice 100% 1st grade
      65 words
  • Page 4 Miscellaneous
    • Miscellaneous
      Page 4 Miscellaneous Column 1
      44 4 Doonesbury .-SOALLIHMZ TDDOISMSZ TWSIKTEFMU, ANPIBBCOMB iHßmjLAßvescmmoFae j OFimm-neamjßWs 1 ,*O2^KM6H7S! M m a AMAZING. WHO DOBS mpeEßAde Tteitrm- BROKER, HBFB HOC/? (HNBMJ )€RK. mm j BY GARRY TRUDEAU i m m ST* 1* r. m w 111 m ?A'v 0> ft ♦s ft <U&
      44 words
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  • BANKING AND FINANCE
    • Article
      Lock icon Data indicate Fed will keep policy steady
      628 5 Reuter AMERICAN bank reserve and borrowings data released on Thursday suggest that the Federal Reserve is keeping policy steady, but strong M-l growth may lessen the chance for lower interest rates, economists say. Net discount window borrowings averaged just US$l73 million in the
      Reuter  -  628 words
    • Article
      Lock icon Number of ailing banks in America increasing
      218 5 AP A RECORD NUMBER of American banks up to 160 will either fail or need government assistance by the end of the year, the chairman of the Federal Deposit Insurance Corp said. In a speech on Thursday to the US League of Savings
      AP  -  218 words
    • Article, Illustration
      Singapore Re profits rise 13pc to $2.2m
      588 5  -  Underwriting losses drop By ALVIN TAY GROUP PRE-TAX PROFIT of the Singapore Reinsurance Corporation rose by 13 per cent to $2.2 million last year, mainly because of considerably lower underwriting losses. The corporation's chairman, Mr Hwang Soo Jin, said in Singapore Re's 1965
      588 words
    • Article
      Lock icon ADB plans sterling, mark, yen bond issues
      267 5 Reuter THE Asian Development Bank may issue £50 million, 200 million Deutschemarks and 25 billion yen in the international bond market over the next six months. ADB treasurer Alan Gill said the bank plans total borrowings of roughly US$BOO million this calendar year
      Reuter  -  267 words
  • MONEY AND EXCHANGES
    • Article
      Forex markets
      644 5 SINGAPORE The US dollar reversed its slightly lower trend to close firmer against major currencies in moderate and cautious late trading yesterday. The dollar rose to a late 166.15/25 yen from an early 165.15/25 and New York's 165.45/55 close and to 2.2190/2200 marks from 2.2000/10 and 2.2005/15 respectively.
      644 words
    • Article
      Foreign Exchange
      198 5 Interbank rotes at 3pm yesterday: Nd Offer < srwa parity dionga Local dollars to on* unit of foreign currency: US dollar 2.2165 2.2175 2.8196 -21.39 Sterling pound 3 3724 3.3761 7.3469 -54.10 Australian dollar 1 5335 1.5358 ***** -55.27 NZ do#ar 1 2035 1.2074 ***** -64.90 Canadian dollar
      198 words
    • Article
      Money markets
      108 5 THE OVERNIGHT rate on the Singapore interbank money market remained unchanged from Thursday to close at 4-7/8 per cent yesterday. The one, two and threemonth term rates also remained unchanged. S$ Interbank rates at 7pm yesterday: Off* Bid Ov«rr»ght 4 7/8 4 3/4 1-month 5 1/8 5 2-month
      108 words
    • Article
      Asian $ market
      237 5 Asian market ASIAN DOLLAR deposit rates closed steady at opening levels in quiet trading yesterday. Short-dates were steady to slightly firmer initially and remained unchanged subsequently. Weekend, Monday/ Tuesday and week fixed closed at a common 7 1 4 7 per cent. depart rate* us$ OHm fed 7 doys 7
      237 words
    • Article, Illustration
      Treasury bills
      105 5 RESULTS OF TENDER held on June 13 for 91-day bills to be issued from June 16 to June 20: Offered: $140,000,000 Applied tor: $259,120,000 Allotted: $140,000,000 Accepted Mds: $99.35 approximately 69 per cent, higher bids in full. Avenge rate ef dfeeeoat m allotment: 2.505 per cent per annum.
      105 words
    • Article
      Lock icon Simex
      350 5 BA Futures SEPTEMBER EarsfeUar opened sharply higher yesterday from Thursday's close at 92.92 due to the unexpected Fed's addition of reserves through a fourday system repurchase and the poor US retail sales figure. But the resistance at Thursday night's high of 92.93 held well on Simex. With more economic
      BA Futures  -  350 words
    • Article
      Gold
      223 5 HONGKONG: The metal closed firmer yesterday in fairly active trading mainly on local short-covering. Bullion ended at U*****.40/70 an ounce compared with New York's U*****.50/347.00 close and the U*****.70/348.00 finish here on Thursday. On the local market, gold lost HK$3.5O to close at HK53,220 a tael. Krugerrand shed HK$5
      223 words
  • Page 5 Advertisements
    • Advertisement
      Page 5 Advertisements Column 1
      425 5 HARRISONS MALAYSIAN PLANTATIONS BERHAD {INCORPORATED IN MALAYSIA) Tun Ismail bin Mohamed At (Chairman) Ml fl Tunku Mansur Yaocob Komf (Alternate M.A. Si. Clair-George) Jalan J. Mcleod ***** (Alternate A .A. Hodgkins) Mala Abdul KhaM bin ferahim lam Acahari bin Zainal Abidm Datuk James S. Ong Mohammod bin Abdußafc To the
      425 words
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  • TIME-OFF
    • Article
      Better never than late
      519 6 COURTESY CAMPAIGNS were always a good idea, people the art of being nice and thoughtful to fellow human beings. How to say "please" and "thank-you" to sales girls, bus (kivera, taxi drivers, waiters and waitresses and for the aforementioned groups to remember that although they are
      519 words
    • Article, Illustration
      Focus wasn't on art
      1304 6  -  SINGAPORE FESTIVAL M OFARTS I> 1986 JUt By RICHARD SEAH "YOU CAN SEE it in 10 minutes," a friend said of the Arts Festival Photographic Exhibition, now on at the Singapore Conference Hall till June 22. She was wrong. I needed about 20 minutes. But that
      1,304 words
    • Article, Illustration
      BILLBOARD
      1285 6 What's on from June 14-20 hhhhMNl DANCE: Mario Maya Gypay Flamenco Thaatra. Victorio Theatre. Bpm. Mario Maya is recognised internationally as the foremost interpreter of the jondo (the three broad categories of the flamenco dance) style. As a gypsy, dancer, choreographer and musical composer, he has delved into the
      1,285 words
    • Article
      STRAWS in the Wind
      265 6 FORM political clubs, urged Senior Minister S Rajaratnam the other day. WeU, the perfect spawning ground would be the Gayworld Hawker Centre, where you can find, as a bold, blade and white sign proclaims, Ho Qii Min Ipota Kway Teow, Kennedy's B—B—Q, and Mao Tse Tung
      265 words
  • Page 6 Miscellaneous
    • Miscellaneous
      Page 6 Miscellaneous Column 1
      775 6 mwm J a CRYPTIC PUZZLE ACROSS 8 inquisitive in an odd way? (7) 9 Complaining when it's running low (6, 3) 13 "It's invigorating and cold," the gentleman returns, quietly (5) 14 Well-known, one observed (5) 15 Caught one bock by the tonk (7) 16 To make it fairer, reduce
      775 words
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  • SPORTS
    • Article, Illustration
      Lock icon When Irish eyes aren't smiling
      1016 7 Brazil buries Northern Ireland's dreams with 3-0 win Agencies BRAZIL eliminated Northern Ireland from the World Cup with a convincing 3-0 win on Thursday and Spain knocked Algeria out of the tournament by the same margin in a bruising victory. The losses by both Northern
      Agencies; AP photo  -  1,016 words
    • Article
      Lock icon Exit Jennings with style in birthday swansong
      478 7 AP ALTHOUGH beaten three times, Northern Ireland's legendary goalkeeper Pat Jennings went out in style in his birthday farewell appearance on Thursday against Brazil in the World Cup soccer tournament. Jennings, celebrating his 41st birthday and making a record 119 th international appearance,
      AP  -  478 words
    • Article, Illustration
      Lock icon Tway takes lead in US golf open
      562 7 AP, UPI PATIENCE and solid putting enabled Bob Tway to survive rain, wind and cold while Jack Nicklaus's Grand Slam dreams all but evaporated on Thursday in some of the most extreme weather conditions of all the 86 US Open golf championships. Tway,
      AP,; UPI  -  562 words
    • Article
      Lock icon McEnroe pulls out of Wimbledon
      106 7 AFP THREE-TIMES former Wimbledon men's singles champion John McEnroe officially withdrew from this year's tournament on Thursday. The 27-year-old American, who has played at every Wimbledon since 1977, had been expected to pull out, following the recent birth of his son and his five-month break
      AFP  -  106 words
    • Article
      Lock icon Easy victories for Connors and Becker
      336 7 AP TOP-SEEDED Jimmy Connors and West Germany's Boris Becker, the defending champion, captured easy third-round victories on Thursday in the Stella Artois Grass Court championships at Queens Club, London. Connors, playing in his first tournament since serving a 10week suspension, crushed 16thseeded Guy Forget
      AP  -  336 words
    • Article
      Lock icon Brand creates history at Jersey Open
      265 7 UPI SCOT Gordon Brand Jr created European golfing history with a 10-under-par 62 in the US$l3O,OOO Jersey Open played over the 6,110 yards Clifftop Course on Thursday. Brand shattered the course record, clipping three shots off the previous best by Britain's Derrick Cooper, and
      UPI  -  265 words
  • Page 7 Advertisements
  • Page 7 Miscellaneous
    • Miscellaneous
      Page 7 Miscellaneous Column 1
      1061 7 w vm mm j 1 H. 1" ,v'< > -> V i? V v SATURDAY MATINEE Brother* of the Wilderness 5.00pm, Channel 5 As all family films modelled in the Disney tradition go, this one drips with sweetness. About a young boy, a wolf and a search for gold set
      1,061 words
    • Miscellaneous
      Page 7 Miscellaneous Column 2
      27 7 uoq-L JOMW we of cues-refc- p eRRVs) i ComPumeNT N IbUg NpffTN upvvei^' T seoj T vt€m eRe PiRCQOIt F\ Po*> FNROOrtD Ti4C.' OH >«OUR Blkfc Cu06...
      27 words
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  • INTERNATIONAL STOCKS
    • Article
      Lock icon Lonrho buys 35pc of shares in Today paper
      168 8 Reuter THE LONRHO Multinational Corporation has taken a 35 per cent stake in Britain's high-technol-ogy Today newspaper, helping it stave off a financial crisis, its chairrflan Eddie Shah said. Lonrho, which owns th» Sunday newspaper The Observer, on Thursday injected £13.5 million
      Reuter  -  168 words
    • Article
      Lock icon LSE begins Topic service in New York
      138 8 Reuter THE LONDON Stock Exchange has launched its Tgpic Services Inc, which provides UK and international price information, in New York. A subsidiary of the Ldndon Stock Exchange, Topic uses videotex and Okroprocessor technology to provide current equity market prices, company announcements and
      Reuter  -  138 words
    • Article
      Lock icon French proposal rejected
      90 8 Reuter ROLLS-ROYCE has rejected an approach by French state-owned Societe Europeenne de Propulsion (SJ&P) to cooperate on the development of advanced thing rockets for satellite launching systems. "*But Fiat of Italy and Volvo of Sweden have agreed to invest in the proj- ect, said Pierre Be tin,
      Reuter  -  90 words
    • Article
      Prices end mixed on uncertainty
      322 8 WALL STREET stocks ended mixed on Thursday, continuing their consolidation after an ear-ly-week drubbing amid growing economic uncertainty. Blue chips fell back and secondary stocks ended stronger. The Dow Jones Industrial Average fell 7.94 points to 1838.13 But advances edged out declines and broader indicators
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    • Article
      Toronto
      122 8 JUNE 12 AMh c* 24* br*> CM Inco In* Prov fV* 39 19* 44V* 1* unch Ale on 43* unch Karr Add 15* Bonk Mont 321* Lototow B 134* 4* 1* Bonk Novo Scotio 15* Mc Bkxtt 34 37* 28* unch 29* 35 25* 18* 18 4* inch 17
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    • Article
      Johannesburg
      204 8 JUNE 12 tomd Trukt Bk Un Staal 128 60 3 -5 MOUSTtlALS Wooitru 1250 -15 A Alpha 1000S MININGS Abarcom 215 unch 4500 -200 Amopfop 420 unch Angvaal ***** +75 -550 AMIC 4100 -50 -25 -75 Bhfvoor Buffatt 2025 #300 Chartar 1630 130 Com Gold 3125 110 Cum* Financ*
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    • Article
      New York
      653 8 JUNt 12 US$ AJcon Alumn Atcoo Alag trM AM Sig Akad Sfora* ABs-Chatmars Am Brandt trvc Am Can Co Am Cyanamid Am Elac Pm Am Expre** Am Horn* Prod Am Motor* Cp Am Td 1 Td Amu Inc Amaroda Hm Amoco Corp Amr Corp Armco he Asarco he
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    • Article
      European markets
      868 8 Amsterdam JUMf 12 Fh A0N 576.00 -1 Atgon ***** +0.S Ahold 87.50 +0.3 Akzo 149.40 +1.9 Ahanto ***** -0.1 AW*V 81 30 +0.4 Aim Bank 107 50 +0.7 Am S#ad 129.40 -0.4 Baikal 35.20 +1.2 Baraani 845.00 -5 Buahrman Tattaroda 180 00 +3 625.00 +5 PhM« 212 50
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  • Page 8 Advertisements
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      Page 8 Advertisements Column 1
      557 8 W Witi&C (O wtm, din m£ entertain ir £f Bring your friends, order your favourite beer and get a second one FREE! At tne Heritage Bar from 11.00 am to 7.00 pm and 11.00 pm to 1.00 am on weekdays, and Fridays, Saturdays and eve of public holidays until 2.00
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      Page 8 Advertisements Column 2
      147 8 London stocks on Pago 11 m CRpwn r ®PR/NCE HDTEL Managed by Prince Hotels Japan Continuing the Prince Hotels tradition of friendly service 270 Orchard Road, S<ngiport 0923. Telex RS ***** HCROWN Cable CROWNHOTEL Fa* *****18 Tel: *****11 ryjat 6am 2am Daily SUNDAY BUFFET AT THE DAI-ICHI HOTEL (SINGAPORE) Tuck
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  • ASIAN STOCKS
    • Article
      Hongkong
      332 9 HONGKONG! Share prices closed higher in sluggish trading yesterday as many investors stayed on the sidelines ahead of the long weekend. The Hang Seng Index finished the day 12.86 points higher at 1,765.65 and the Hongkong Index ended up 6.84 to 1,099.76. Cheung Kong, which had lost ground recently,
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    • Article
      Taipei
      226 9 Koto 19.50 -10.7 JUNf 13 Al Sncar* Mm NT 2 12 26 40 32.10 44.90 25.60 25.90 unch unch inch -02 +0.4 unch inch -0.1 unch -0.1 +0.8 0.05 Kuochan Dav Lm Chang Yuan 23.80 34 .40 unch 1.1 Alio C<intf4 Cathay Com Chang Hwa Bank Lion Hwa Indus
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    • Article
      Tokyo
      399 9 TOKYO: Share prices rose in heavy trading for the third consecutive day yesterday, boosting the market average 74.75 to a record 17,205.97 at the close. Turnover was 950 million shares against 800 million on Thursday when the average gained 34.77 to a record close of 17,131.22, just off the
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    • Article
      Manila
      74 9 JUNE 13 Acoj* Mining fw Marcoppw Marttaai Oriantal B Phi Ovartoa* PMax B i ills i i i M -0.003 •0001 tndi Ap«x Mining B 0.01 Ptcop B 107 *2 Aria* Con. B 13 UKh San Migual B 51.50 0006. +0.5 -0 0005 Boguo Go4d Basic P«troWum Banguct Con.
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    • Article
      Sydney
      397 9 SYDNEY: Australian sharemarkets closed slightly easier but off their lows yesterday, dragged down mainly by a 20-cent fall in Elders IXL. At the close, the All Ordinaries Index had slipped 2.3 to 1216.3 and the All Industrials shed 4.4 to 1931.0. The All Resources lost 0.8 points to 674.7
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    • Article
      Seoul
      100 9 JUNE 13 Owl Sugar Da«tm hnd Wet 1850 550 1109 -50 unch •10 Kangwon M UA Motor Koton M. Korea Long-Term. Lucky Ltd 1300 1805 2095 912 1420 -1 -25 -25 LVXt) LTich Daewoo Heavy Dona Ah Ptxjr Dongbu Steel. Dong Suh Stock Gold Star 1493 845 1660 1034
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    • Article
      Bangkok
      170 9 BANGKOK: Stock prices closed lower in quiet trading this week, the Securities Exchange of Thailand said. The SET index fell 0.60 points to 127.89 as turnover stood at 538,045 shares worth 71.8 million baht after five trading sessions, compared with the previous 464,037 shares worth 64.2 million. MANILA: The
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    • Article
      Lock icon HK plans tighter controls
      64 9 Reuter HONGKONG may tighten controls on registered firms by requiring them to submit accounts sooner and to pay heavier fines if they fail to do so. Registrar General Noel Gleeson said he would propose to the legislature a shortening of the time allowed for public and
      Reuter  -  64 words
    • Article
      Lock icon FAI gets order to restrain sale of Pioneer shares
      190 9 Reuter FAI INSURANCES Ltd obtained a temporary injunction retraining 19 institutional investors from disposing of 40.8 million shares in Pioneer Concrete Services Limited. The shares involved are an allotment made to Total Holdings (Australia) Pty Ltd, a whollyowned unit of Cie
      Reuter  -  190 words
    • Article
      Lock icon Daihatsu seeking to produce cars in Poland
      173 9 UPI DAIHATSU Motor Co, a major Japanese subcompact car manufacturer, is negotiating with Poland for a licence agreement to produce its cars in the East European country. "Negotiations have been under way for some time but we still have to straighten out details,"
      UPI  -  173 words
    • Article
      Lock icon Mitsubishi cancels contracts to deliver ships to Tung Group
      288 9 Reuter MITSUBISHI Heavy Industries Ltd (MHI) has confirmed that it cancelled contracts with the Tung Group of Hongkong to deliver four container ships to the financially troubled shipping company. "But if the Tung group or its creditor banks give us a
      Reuter  -  288 words
    • Article
      Lock icon Unidentified bidder for Lion Corp
      76 9 Reuter WELLINGTON sharebrokers O'Connor Grieve and Co yesterday achieved nearly one-third of their 600,000 share (0.8 per cent) partial bid for Lion Corp Ltd on behalf of an unidentified buyer. A spokesman for the brokers said they had bought 181,600. shares in New Zealand's biggest
      Reuter  -  76 words
  • Page 9 Advertisements
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      Page 9 Advertisements Column 1
      634 9 Mm td wim 9 Mm mM entertain f m «RB* MAGICALLY HYATT I+l*l 1 1 1!?! When guests order any beverage, standard or premium, at selected outlets*, they will get a second drink, all for the price of one! It's a magic formula applicable daily at Scott's The Lounge Chinoiserie
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      Page 9 Advertisements Column 2
      101 9 v s after five... 2 Lira Baals Nkfkttyl spm lam (Monday Friday Sunday) spm 2am (Sat eve of public holiday) HAPPY HOURS spm 7pm (Daily) It's a real happy time! Just buy a drink and get the second FREE (except premium brands) Well known band CAIRNHILL TRIO with 2 charming
      101 words
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  • SHARE INFORMATION
    • Article, Illustration
      Stocks fall further as profit-taking continues
      4172 10 WIDESPREAD profit taking continued on the Singapore stock market yesterday, pushing share prices further downwards. The Straits Times Industrial Index finished below the TOO level yesterday, dropping 7.44 points to 696.12. The more broadlybased BT Composite Index fell 9.41 points to 589.06. Declining issues
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    • Article
      Chief price changes
      241 10 SINGAPORE DlAAA IMJI nlSvi iftO kCM Aaba *30 Mitih.H 204 AIM lOOfl 514 400 <j«iMili 250 UMm 338 Wmtm 340 kW 8 No 275 Mm Mm 410 I9« J* Caps 174 TtMMn 160 Sri Hortoow 187 KmM MB 122 Falls 30 19 17 10 10 +8 +6
      241 words
    • Article
      Business done on the SES
      3119 10 SECTION ONE INDUSTRIAL COMMERCIAL Acmo (1 288 1.295) (15) I 28 15) 1.27 (1) 1 29(11) 1.27(10) 1.26 (4) 1.29 (3) 128 CD Alcom (0.61B) (9) 0.60 (5) 0.61 (1) 0.60 Amol Steel 50« (0.80*45) (ID 0 80 (3) 0.83 (82) 0.82 (11) 0.82* (7)0
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  • COMPANY NEWS
    • Article
      Market must consolidate before breaking ST710/725
      691 11  -  ®9P? pita? W BY RAMESH CHANDIRAMANI LAST WEDNESDAY, the Straits Times Industrial Index hit 712.12, and as I expected, met with resistance there. Readers who have been following this column's chart comments over the past three weeks were well prepared for it, for I
      691 words
    • Article
      KL shares suffer small losses in light trading
      496 11 CONDITIONS worsened on the Kuala Lumpur stock market yesterday as share prices encountered continued profit-taking to close easier. The selling, however, was light and losses, though (airly widespread, were mostly small and below 10 Malaysian cents. The pace of trading slackened considerably
      496 words
    • Article
      ANA no longer managers and operators of Furama Hotel
      157 11 SINCE May 31, ANA Enterprises Ltd has ceased acting as managers and operators of Furama Hotel, the troubled flagship of Wannian Holdings. The hotel, which is currently up for sale, is now awaiting the appointment of new managers and operators. In
      157 words
    • Article
      Bank files suit against CitySec
      336 11 TROUBLED City Securities Pte, which is already facing a claim from Malaya Tin Printing Bhd for $4.5 million, may soon be facing a new problem from CICUnion Europeenne, International Et Cie. The bank has filed a suit against City Sec for $2.25 million. Europeenne is
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    • LATEST RESULTS
      • Article
        CEREBOS PACIFIC:
        59 11 The New Zealand subsidiary, Cerebos Pacific Holdings (NZ), is offering NZ$l.9O a share in cash for a maximum of 3.399 million shares of Cerebos Greggs Ltd. CPH (NZ) already holds 50.06 per cent of CGL and if the offer is accepted in full, its stake will rise to
        59 words
      • Article
        HARRISONS MALAYSIAN PLANTATIONS:
        82 11 Pre-tax profits for the year ended March 31, 1986, were M 5129.4 million" (M 5195.0 million) on a turnover of M 5754.0 million (M 51,0262 million). At the bottom line, profits attributable to shareholders amounted to M 581.9 million (M 5122.7 million). A second interim dividend of
        82 words
    • Article
      Business done on the KLSE
      2260 11 BID and offer prices officially listed and business In and reported to the Kuala Lumpur Stock Exchange yesterday, with the number of shares traded shown in brackets In lots of 1,000 units unless otherwise specified. MDUSTRIALS Ajinomoto (3006 3025) (18) 300 a(308S) Alcom (696 70S)
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    • Article
      COMPANY MEETINGS
      244 11 GANDA HOLDINGS Berhad: 17th AGM at 10th Floor, Wisma Central, Jalan Ampang, ***** Kuala Lumpur, Malaysia on Monday, June 16, at 10.30am. MALAYSIAN Aaaaraaee Alliance Berhad: 17th AGM at Ming Crystal Ballroom Section 1, 1st Floor, Ming Court Hotel, Jalan Ampang, ***** Kuala Lumpur on June 16, at
      244 words
    • Article
      LONDON STOCKS
      890 11 SHARE prices yesterday opened mixed in quiet end-of-account trading after a similar performance on Wall Street overnight. At 0900 GMT the FTSE 100 share index was up 3.3 at 1,575.1. Many operators still think a half-point cut in 10 per cent UK clearing bank Hfffp rates is possible,
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    • Article
      Unit trusts
      232 11 Monogers' prices for June 14 Singapore Unit Trust The Commerce 0 83 0.88* The Sovrtgs Fund 0.73 0.77 S'pore Prog Fund 0.35 0.37 S'pore S«c Fund 0 59 0.64 S'pore Invest Fund 0 54 0 58* S'pore Equity Fi*»d 0.41 0 44 Asia Unit Trust Mol Invest Fund
      232 words
    • Article
      Selected indices
      106 11 HONGKONG Hong Kong Index Friday 1099.76 Thursday 1092 92 Week ago 1088 01 Hang Seng Index Friday 1765.65 Thursday 1752.79 Week ago 1747.09 TOKYO Nikkei Averoge Friday *****.97* Thursday *****.22 Week ago *****.91 TSE Index Fridoy 1327 79' Thursday 1323.17 Week ago 1307.47 SYDNEY All Ordinaries Friday 1216.3
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  • Page 11 Advertisements
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      Page 11 Advertisements Column 1
      173 11 OFFICIAL NOTICE PROPOSAL TO CHANGE OF ;j:il AcECf.V I We, Pulau Slnga Shipping Co Pte Ltd, 10 Collyer Quay #05-04 Ocean Building, Singapore 0104, hereby give notice that In consequence of our purchase of the Dumb Barge "KOLIM I" we have applied to the Registrar of Singapore Ships, under section
      173 words
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      Page 11 Advertisements Column 2
      164 11 NOTICE PROPOSAL TO CHANGE OP II I We, Eastern Navigation Private Limited of 51 Anson Road #06-53, Anson Centre, Singapore 0207, hereby give notice that In consequence of our Intended purchase of the vessel SELCO L-27, we have applied to the registrar of Singapore ships under Section 417 of the
      164 words
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      Page 11 Advertisements Column 3
      308 11 NOTICES la TV) Matter 4 The CMpMIH Act Cap 1M Aai Id il] jO lvk*i >»»J > I > PTE LTD <b Vefautary ll|M<sllia) Malm' Vebatary At an Extraordinary General Meeting of the members of the abovenamed Company duly convened and held at 20 Kramat Lane #03-11 United House, Singapore
      308 words
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      Page 11 Advertisements Column 4
      258 11 1 rzj*' zs ►i: 1.1. ►tj S3 At an Extra-Ordinary General Meeting of the Members of the abovenamed Company duly convened and held at 1/F flat A Sing Teck Factory Building, 44 Wong Chufc Hang Road, Aberdeen Hong Kong on 4th June 1000 the following Special Resolution was passed and
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  • Article
    Brig-Gen gives details of aid package for SMEs
    679 12  -  By LOH HUI YIN DETAILS OF A $30 million government aid package to help small- and medium-sized enterprises were released yesterday by the Acting Trade and Industry Minister. The money would be spent over the next five years by the Singapore Institute
    679 words
  • Article
    Sisir reshuffles management to prepare for new role
    281 12 SIGNIFICANT management changes have been made at Singapore Institute of Standards and Industrial Research (Sisir) so that it can take on its new role of providing industrial research technology to small- and medium-sized enterprises. Under the management reshuffle, which came into effect
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  • Article
    Lock icon 'Stay out' order
    89 12 Reuter THAILAND'S new army commander in an unprecedented move has ordered the army and its nationwide radio and television network not to play politics in the coming general election. General Chaovalit Yongchaiyuth told commanders in the order issued this month "to avoid acting in any manner, overtly
    Reuter  -  89 words
  • Article
    Lock icon Good returns
    69 12 UPI IN SPITE OF mounting complaints of red tape, high costs and low productivity, most for' eign investors in China have obtained good economic returns. The official Xinhua news agency said yesterday that amid signs of rising wariness among potential overseas investors, foreigners attending a recent symposium in
    UPI  -  69 words
  • Article
    Lock icon US civil servants to be sacked for insider trading
    277 12 FT THE US GOVERNMENT is to dismiss three employees who used advance information on the US gross national product (GNP) data to make money for themselves, and others, in the financial markets before the official figures were published last September. The
    FT  -  277 words
  • Article
    Lock icon Chevron to retrench 7,500
    117 12 Opecna THE CHEVRON CORP, the fourth largest oil company in the US, has announced sharp staff cutbacks because of depressed conditions in the oil market. The San Franciscobased company said on Thursday it would reduce its workforce by about 12 per cent this year through voluntary
    Opecna  -  117 words
  • Article
    Still the focus of market attention
    497 12 ONCE AGAIN, trustee stocks were the focus of attention on the Singapore stock market this week, although they were less than active on the corporate front. Central Provident Fund stocks closed mixed this week compared with the softer tone registered by the overall market
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  • Article
    BT Trustee Stocks Scoreboard
    528 12 Stock Price* on Price on Price on Weekly INDUSTRIALS May 2 June 6 June 13 <*) change Acmo 0.86 Vi 1.32 1 28 -0.04 48 0 Alex Hldgs 1.25 untraded BAT 1.45 1.80 1 82 0.02 25.5 Cycle Corrioge 0.99 1.76 1.64 -0.12 65.7 C K
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  • Article
    Lock icon Koon Swan repays Multi-Purpose with shares
    355 12 NST MALAYSIAN Chinese Association president Tan Koon Swan, who was to have repaid the Mul-ti-Purpose group MS23 million in cash for a "failed investment", has instead repaid part oI the sum in the form of shares in public-listed companies. Sources said the last instalment
    NST  -  355 words
  • Article
    StanChart's defence to omit key figure
    239 12  -  By MICHAEL NEILL A KEY FIGURE is expected to be missing from Standard Chartered Bank's final broadside against Lloyds Bank's unwelcome £1.2 billion bid. The defence document, expected any time now, will contain a dividend forecast but no profit forecast. After the cool reception
    239 words
  • Article
    Lock icon Comex gold and silver
    77 12 Reuter COMEX GOLD FUTURES worked lower on selling carried over from the soft platinum market yesterday morning, but the tensions in South Africa limited the downside movement. Gold for delivery in August fell to U*****.70 an ounce before recovering to U*****.40. Silver futures hovered at unchanged
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  • Article
    Lock icon Dow Jones higher
    67 12 Reuter WALL STREET stocks moved broadly higher in moderate trading yesterday after new data pointed to a weaker economy. A new report showed that US industrial output fell by 0.6 per cent in May, a steeper drop than expected. The Dow Jones Industrial Average was up 15
    Reuter  -  67 words
  • LATE FILE
    • Article
      Lock icon US wholesale price9 up 0.6pc
      47 12 US wholesale price 9 up 0.6pc UPI US WHOLESALE prices rose by 0.6 per cent in May, marking a return to inflation after an unprecedented four-month deflationary holiday. Bureau of Labour statistics analysts attributed the upturn to a turnaround in the cost of finished energy goods. UPI
      UPI  -  47 words
    • Article
      Lock icon Nakasone's yen to win
      41 12 Reuter PRIME MINISTER Yasuhiro Nakasone, faced with criticism of his economic policies ahead of the July 6 general elections, ordered his Cabinet yesterday to do everything it could to ensure consumers benefit from the strong yen. Reuter
      Reuter  -  41 words
    • Article
      Lock icon Moscow reissues 'Star Peace' plan
      45 12 AP THE KREMLIN has reissued its proposal for "Star Peace", calling (or the creation of an international space organisation, according to a letter sent by Soviet Premier Nikolai Ryzhkov to the UN Secretary-General Javier Perez De Cuellar published yesterday. AP
      AP  -  45 words
    • Article
      Lock icon Cory wants fair play at elections
      57 12 AP PRESIDENT Corazon Aquino told politicians yesterday to play it clean in the coming elections. She said: "Definitely I had no guns, I had no goons, but I think I had something more important than any of these things and that was the faith
      AP  -  57 words
    • Article
      Lock icon Sikhs reject land swap plan
      36 12 Reuter MODERATE SIKHS yesterday dealt a blow to Prime Minister's Rajiv Gandhi's stalled Punjab peace accord by apparently rejecting one of its pillars, a land swap with neighbouring Haryana state. Reuter
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    • Article
      Lock icon Taiwan to lease cinemas in HK
      44 12 Reuter TAIWAN plans to lease several cinemas in Hongkong to show its own films. A government spokesman said yesterday the move was designed to compete with Chinese movies shown in some pro-Beijing cinemas in the British colony. Reuter
      Reuter  -  44 words
    • Article
      Lock icon Warning of more guerilla attacks
      33 12 Reuter SRI LANKAN authorities warned of more guerilla bomb attacks against civilian targets as three Tamil guerillas and a soldier were reported killed yesterday in renewed fighting.'— Reuter
      Reuter  -  33 words
    • Article
      Lock icon Hawke orders cut in borrowings
      30 12 AFP PRIME MINISTER Bob Hawke yesterday ordered state governments to cut their borrowing by AH billion to help pull Australia out of its economic crisis.
      AFP  -  30 words
  • Page 12 Advertisements
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      Page 12 Advertisements Column 1
      233 12 NOTICES OFFICIAL NOTICE PROPOSAL TO CHANGE A SHIP'S NAME We, HAMEED COMPANY of No. 102 Upper Cross Street, OG Building, #08-08, Sing a-, pore 0105 hereby give notice that in consequence of the intended purchase of the below mentioned ship by our clients, SUMBA PTE LTD of No. 101 Upper
      233 words
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      Page 12 Advertisements Column 2
      223 12 umuj conponanon bgrhbd (Incorporated in Malaysia) Notice Of Annual General Meeting NOTICE IS HEREBY GIVEN that the Sixteenth Annual General Meeting of the Company will be held at the UMW Audtorium, UMW Corporation Berhad, Jalan Utas (15/7), Batu Ttga Industrial Estate, Shah Alam, Seiangor on Monday, 30th June 1966 at
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  • Page 12 Miscellaneous
    • Miscellaneous
      Page 12 Miscellaneous Column 1
      48 12 WMm Outlook for today: Showers over o few areas in the late morning. Report for 24 hours prior to 7.30pm on June 13 at the oirpoct: Maximum temperature 32.5 Astociated humidity 61 Minimum temperature 24.5 Associated humidity 94 Roinfoll in millimetres Roinfall this month Rainy days this month
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