The Business Times, 16 August 1986
1986-08-16
1
12
https://www.nlb.gov.sg
https://eresources.nlb.gov.sg/newspapers/browse/biztimes
The Business Times
-
Title Section12 1986-08-16 1 BUSINESS TIMES M.C. (P) No. 192/12/85 SATURDAY, AUGUST IS, 198« 75 CENTS12 words
-
Article, Illustration464 1986-08-16 1 MARTIN SOONG - Retailing group upset over use of name By MARTIN SOONG THE MIGHTY United States retailing group, JC Penney Inc, is considering legal action against a Singapore business called JC Penney Collections to prevent it from using the US corporation's name. JC Penney Inc's464 words
-
265 1986-08-16 1 Reuters HONGKONG BANKS cut interest rates yesterday in a bid to stem a rush of currency into the British colony as the government warned speculators it had no intention of revaluing the local dollar. The banks trimmed interest rates to their lowest levelsReuters - 265 words
-
115 1986-08-16 1 Reuter WITH THE Aug 6 deadline long since passed for the end erf the Soviet nuclear test freeze, Nato diplomats believe Kremlin leader Mikhail Gorbachev is carefully picking his moment to announce an extension of the unilateral ban. They expect a well-timedReuter - 115 words
-
410 1986-08-16 1 LISA LEE - By LISA LEE SINGAPORE'S exports rose by 3.9 per cent to $3.99 billion in July, the first year-on-year increase since June 1965. Driving the Improvement were sales to the US, Japan, Hongkong and China. The turnaround in exports came after persistent declines410 words
-
Article70 1986-08-16 1 Reuter NEW ZEALAND will admit immigrants regardless of their nationality under legislation introduced in Parliament yesterday. The proposed law will abolish the old immigration system which gave preference to nationals from "traditional source" countries like Britain, Immigration Minister Kerry Burke said. The law, which must go before aReuter - 70 words
-
Article, Illustration127 1986-08-16 1 ALTHOUGH profit-taking ruled in the morning session yesterday, the Singapore stock market recovered lost ground later in the day as buyers lent support at lower levels. Share prices consequently finished on a mixed to slightly steadier note with rises leading falls by two to one. Trading volume remained127 words
-
Article, Illustration291 1986-08-16 1 Reuter WESTERN AUSTRALIA'S soft-spoken entrepreneur Robert Holmes a Court has doubled his personal wealth in the last year to As6oo million and is one of Australia's two richest men, the country's leading business magazine said yesterday. Mr Holmes a Court, who has been battling to takeReuter - 291 words
-
282 1986-08-16 1 Reuter CONGRESSIONAL negotiators have reached an impasse in trying to hammer out a compromise overhaul of the US income tax system. They said new congressional and administration economic estimates forecast a slowdown in the US economy which would lead to a US$l7Reuter - 282 words
-
Page 1 Advertisements
-
Advertisement243 1986-08-16 1 Nikon THE WORLD'S FINEST PHOTOGRAPHIC SYSTEM Classified Carrier THE CARRIER MAN took an innovative step recently when he was plonked right in the middle of a page of classified advertisements in The Straits Times. Arrows ran alarmingly up and down several columns of advertisements. It was a complicated piece of243 words
-
Advertisement268 1986-08-16 1 mm SHARE INFORMATION 11 MONEY A EXCHANGES RAW MATERIALS SHIPS IN PORT OUR VIEW ENGLISH FOOTBALL received another kick in the teeth earlier this week when supporters fought each other on a luxury ferry somewhere in the North Sea. This is sod, especially when many are looking forward to seeing268 words
-
Advertisement142 1986-08-16 1 Full report, Pago 10 Asian stocks, Pago 9 Int'l stocks, Pago 8 1 HOT APHMMCHES 10 THE CHEN THE HEW TOP-FIITE IRONS ss. IJ The big muscles on the back gives the force of a heavyweight punch. With all its power the sweet-spot delivers a soft-feel for the finest pin-point142 words
-
Advertisement6 1986-08-16 1 Nikon THE WORLD'S FINEST PHOTOGRAPHIC SYSTEM6 words
-
-
HOME NEWS
-
127 1986-08-16 2 ANOTHER SENIOR Singapore Airlines officer has been seconded to the Singapore Tourist Promotion Board, this time to manage its London office, in a move to foster closer ties between the two groups in the travel industry. Mr David C P Lee, SIA general127 words
-
Article, Illustration308 1986-08-16 2 MARTIN SOONG - By MARTIN SOONG HOLLYWOOD could not have written a better script. Brilliant, greying professor meets precocious, attractive student. They fall in love. Both devote their lives to producing scholarly theses and talented children. Professor M A K Halliday, the 10th academic to308 words
-
Article372 1986-08-16 2 Seminars and courses DURATION TITLE VENUE ORGANISER TELEPHONE Aug 25 How to Re-Instill Or Boulevard Hotel The ForreM *****29 Increase the Spirit of Consulting Entrepreneurship Within Corporation an Organisation *****66 Aug 25-26 Planned Press and SIM Conference Singapore Public Relations Room Institute of Management Aug 27-29 Effective Publicity SIM372 words
-
270 1986-08-16 2 JAIME LYE - By JAIME LYE KEN-AIR Tours has landed what is perhaps the single largest incentive travel contract ever won by a local travel agent. It recently beat competitors from the region and the US to secure a $4 million contract to package incentive tours for270 words
-
170 1986-08-16 2 EIGHT travel agents have come together to form a consortium to package tours to Australia and New Zealand, with their main targets being the Chinese-speak-ing community. The eight members are: Orient Vacations Pte Ltd; CAE Holidays Pte Ltd; Diamond Tours (S) Pte Ltd; KTP170 words
-
157 1986-08-16 2 THE POSSIBILITY of a rise in the pump price of petrol increased yesterday when wholesaler Singapore Petroleum Co Pte Ltd became the second major oil company to raise its wholesale prices for motor petrol, naphtha and diesel. The company has raised its prices157 words
-
Article81 1986-08-16 2 NTUC CABBIES paying for their taxis through an instalment scheme will get rebates averaging $230 as a result of an interest discount of 1.5 per cent on instalment payments made on their vehicles last year. This was announced yesterday by Dr Wan Soon Bee, the chairman81 words
-
396 1986-08-16 2 SIXTEEN Singapore success stories will make their way into the hands of 2,000 French businessmen when the Economic Development Board's first French publication is printed later this year. The 16 companies were chosen by the EDB as case studies to be compiled396 words
-
183 1986-08-16 2 THE STAGE for future short-play writing contests looks brightly lit if the results of a recent short-play competition is anything to go by. Two first prizes were awarded at yesterday's ceremony at the Shell Theatrette. A total of 56 entries were submitted for the183 words
-
316 1986-08-16 2 LISA LEE - By LISA LEE FLAT-OWNERS in six HUDC estates will become responsible for the upkeep of their own property from October when the maintenance of 2,600 flats in Phase One and Phase Two will be taken over by Bodies Corporate, to be run by316 words
-
289 1986-08-16 2 THE STATE-OWNED Indian Bank has granted loans totalling $5.5 million since it joined the Small Industries Financing Scheme (SIFS) last April. A few industrial development officers from Madras will arrive shortly to help small business clients here. Mr M G K Nair, chairman and289 words
-
Article919 1986-08-16 2 AT CONVENTIONAL WHARVES Vessel Berth Agent Arrival Departure KEPPEL WHARVES Frotomanto K33 Merlion alongside 16.8/0600 Shmko Moru K20 NTYSS alongside 168/0600 S'thern Glory K28 S'pore Shpg alongside 16.8/0100 Str Venture K24E SSPL alongside 16.8/0600 Builder 3 K23 Thong Soon 16 8/0700 17 8/0700 Equator 3 K22 Thong919 words
-
-
ASIA-PACIFIC
-
Article, Illustration190 1986-08-16 3 Reuter PRESIDENT Junius Jayewardene has appointed a threemember commission to investigate the activities of the state airline, Air Lanka Ltd, a government statement has said. The commission will find out whether there has been any "maladministration, financial irregularity or other administrative malpracticeReuter - 190 words
-
388 1986-08-16 3 Reuter PRESIDENT SUHARTO told Indonesia's 165 million people yesterday that they must make sacrifices in the face of the slump in world oil prices. He said Indonesia, dependent on oil and gas exports for 70 per cent of its foreignReuter - 388 words
-
139 1986-08-16 3 UPI PRESIDENT Ronald Reagan announced two new agreements on Thursday with South Korea that would remove restrictions on US insurance sales and stop Korean pirating of US copyrights and other intellectual property, including computer software. Korean agreement on both issues came almost aUPI - 139 words
-
Article864 1986-08-16 3 ARRIVALS Operator Service Local From number time SIA SQ117 0005 KUL UA UA805 0010 JFK/SFO/HKG CAL CI333 0315 TPE SIA SQ41 0615 MAA SIA SQ691 0650 KHH MAS MH601 0705 KUL MK MK746 0755 MRU MAS MH681 0820 KUL KAL KE624 0840 KUL CV CV796 0845 LUX/DXB864 words
-
563 1986-08-16 3 Reuter THE US Agriculture Department sale of nearly all its stockpile of raw sugar to China was prompted by concern about the weakness of domestic sugar prices and the threat of further forfeitures of sugar to the Commodity CreditReuter - 563 words
-
Article330 1986-08-16 3 Reuter CHINA has revised its arable land area to 133 million hectares, up a third from its earlier figure of 100 million hectares. Western analysts said the new figure, published in the official press, was the first indication that Beijing had revalued its estimate ofReuter - 330 words
-
Article, Illustration452 1986-08-16 3 Tokyo report emphasises need to redress external imbalance Reuter THE new strength of the yen will play a major role in making Japan's industrial structure more dependent on domestic demand than exports, according to a government report released yesterday. The Economic Planning Agency saidReuter - 452 words
-
192 1986-08-16 3 AP JAPAN was the leading supplier of goods to the US in 1965, according to a US Department of Commerce review. The figures, released on Thursday, showed the US bought U5572.4 billion worth of goods from Japan and U5569.4 billion from Canada, traditionally itsAP - 192 words
-
324 1986-08-16 3 Reuter JAPAN'S overall wholesale price index fell 1.1 per cent in July to 89.1 (base 1980), its first drop below 90 since touching 89.1 in October 1979 and its second lowest level since September 1979, when it hit 88.1, the Bank of Japan said. TheReuter - 324 words
-
210 1986-08-16 3 AFP CHINA has been holding talks with Eastern bloc countries on boosting scientific and technological cooperation, China Daily reported. The English-language newspaper also said that China and Eastern European countries were currently involved in some 300 joint projects in such fields as agriculture,AFP - 210 words
-
-
Page 3 Advertisements
-
Advertisement280 1986-08-16 3 Golden Phoenix Sichuan Restaurant years of (7W experience in Sichuan cuisine A: M X- r> > *> As the first Sichuan restaurant, we are still keeping the high standard of cooking and service. Thus, earning us the reputation of preparing the best Sichuan cuisine in Singapore. Our ever popular Sichuan280 words
-
-
REST OF THE WORLD
-
570 1986-08-16 4 UPI THE SENATE, under intense deadline pressure, began debate on imposing sanctions against South Africa on Thursday and immediately voted to strengthen the bill despite President Reagan's one word of caution: 'Don't'. Senators voted 67-29 on an amendment by Senator Alan Cranston, Democrat-California,UPI - 570 words
-
Article127 1986-08-16 4 Reuter FRANCE'S seasonally adjusted trade balance swung into a surplus of 1.5 billion francs in July from a deficit of 1.26 billion francs in June, according to the Foreign Trade Ministry. The figure compares with a deficit in July 1965 of 3.84 billion francs. Imports lastReuter - 127 words
-
191 1986-08-16 4 Reuter SENATE DEMOCRATS have called on President Reagan and Senate leaders to work toward passing a trade bill this autumn, when Congress returns from its August recess. The Senate Democratic Caucus on International Trade said legislation was needed to halt the rising tradeReuter - 191 words
-
152 1986-08-16 4 Reuter A PLANNED US|l.5 billion bridging loan for Mexico, which nearly floundered earlier this week when Swiss Bank Corporation balked at participation, has run into new snags because of disagreements between Mexico and the US Treasury over oil prices. Mexican diplomatic officials, accompanyingReuter - 152 words
-
212 1986-08-16 4 Reuter CUBA IS CONSIDERING increasing its trade with non-com-munist nations in order to buy more from the West, according to central bank director Julio Fernandez de Cossio. Cuba's trade with non-com-munist countries has fallen sharply over the past decade, to around 15Reuter - 212 words
-
323 1986-08-16 4 Reuter FOREIGN BANKERS' attitudes towards South Africa have hardened over recent months, making it increasingly difficult for the country to raise credit overseas, according to senior bankers. "It has become more difficult to raise foreign credit since South Africa's raids into neighbouring states inReuter - 323 words
-
97 1986-08-16 4 Reuter THE BRITISH Trades Union Congress said UK trade union pension fund trustees should work towards pulling resources out of South Africa in the light of the commercial dangers of investing there. The union congress, which has advocated sanctions against South AfricaReuter - 97 words
-
118 1986-08-16 4 Reuter ECUADOR has cut its projected 1986 gross domestic product growth rate to 1.8 per cent from 2.5 per cent, according to the government's National Development Council. Ecuador's GDP grew 3.8 per cent in 1965 after rising 4.1 per cent in 1984. A council reportReuter - 118 words
-
-
RAW MATERIALS
-
Article13 1986-08-16 4 KL TIN Closing prices on Aug 15 (M$/kg) Price Closed Turnover (tonnes) Closed13 words
-
Article228 1986-08-16 4 RAS prices in S cents/kg, FOB in b olei NOON CLOSE Buyers Sellers Buyers Sellers tnt 1 RSS Prompt 176 75 I77 75N 176.75 177.75N Int 1 RSS Sept 86 177 00 177.50 177.00 177.50 Int 1 RSS Oct 86 176 75 177 25 176 75 177.25 Int 2228 words
-
Article37 1986-08-16 4 (centsAg, 1-ton pallets) SEPT 86 OCT 86 (current month) (forward month) RAS NOON NOON Buyers Sellers Buyers Sellers SSR 20 ***** 161 OON 159 50 161 50N SSR 50 156.00 158 OON 156 50 I58 50N37 words
-
Article148 1986-08-16 4 Chinese Produce Robusta 20/25% Exchange Sellers' noon closing pi FOB NSW ***** ices on Nutmeg 110 FOB NSW Aug 15 (S$/100 kg). 1355 00 Coconut oil BWP FOB NSW 1256 00 Bulk FOB 4300 Gombier Old drum FOB New drum FOB 56 00 60 00 FOB NSW 330148 words
-
Article206 1986-08-16 4 Reuter SINGAPORE The rubber market yesterday closed slightly higher with September One RSS buyers quoted at 177.00 cents per kilo, up 0.25 cent from Thursday. Dealers said the morning session gained 0.25 cent on small buying in very quiet trading. Prices were little changed in thin afternoon trading dueReuter - 206 words
-
Article97 1986-08-16 4 OIL PRODUCTS THERE WAS Little fixed trade in either the crude or products markets. In late Singapore business, kerosene was marked ten US cents per barrel higher but seller remained unwilling to quote in the hope of future price rises next week. Closing prices for crude (fob origin) US$/borrel Change97 words
-
Article43 1986-08-16 4 LONDON US$/tonne closing prices on Aug 14 M'skhVSumatra Crude Of Aug 185.00 sir Sep 190.00 sir Oct 195 00 sir Nov 197 50 sk Dec 200 00 sir KOTTEtDAM US$/tonne Potm oil Crude Sumatra/M'sw Sep 190 00 sir Oct 195.00 sir43 words
-
Article101 1986-08-16 4 Reuter WHEAT FUTURES on Thursday closed 4-1/4 to 1/4 US cents a bushel higher in fairly light dealings on the Chicago Board of Trade. September ended at the top of a four-cent range. Wheat prices followed the firmer trend in corn and soycomplex prices as values rebounded from theReuter - 101 words
-
Article98 1986-08-16 4 Reuter SOYBEAN FUTURES on Thursday rallied further and closed 11-3/4 to 5-1/4 US cents a bushel higher on the Chicago Board of Trade. Spot August finished at the top of an eight-cent range. The strength in meal prices, particularly in nearby months, buoyed soybean prices. Wednesday's moderate price declineReuter - 98 words
-
Article348 1986-08-16 4 Reuter RAINS over the past few days in the Parana coffee regions should benefit the coming crop and have ended fears of water shortages for the moment. In the regions around Urauarama and Maringa which last year accounted for around 3.5 million bags, of 60Reuter - 348 words
-
Article870 1986-08-16 4 Reuter COFFEE Early sharp falls on the New York market dragged robusta coffee futures in London lower on Thursday, with contracts closing £35 to £51 a tonne down from Wednesday night. The physical market remains subdued, providing no support and current falls in both London and New YorkReuter - 870 words
-
Article66 1986-08-16 4 Bangkok Broken Rice 130 (USS/tonne, FOB) A-l Super A-l Special 127 White Rice C-l Speaol C-l Ord unq unq 100% 1st doss 265 100% 2nd class 230 Loonzoin Rice 100% 3rd class 225 100% 1st grode unq 100% 2nd grode 225 5% 215 '00% 3rd grode unq 10% 21066 words
-
Article112 1986-08-16 4 Reuter CHINA'S total oilseed crop this year is forecast at 35.43 million tonnes, up 6.26 per cent from last year's out-turn, the US Agriculture Department's officer in Beijing said in a field report. The report, dated Aug 8, said a national policy urging the return toReuter - 112 words
-
-
Page 4 Miscellaneous
-
Miscellaneous84 1986-08-16 4 Doonesbury wm A rj £4* SIX HOURS IN UNE FOR A SfNGLE 'stCARGT PiAMOND! 1 THOUGHT 9EJNG AN AMERICAN MEANT ONL/STANDING IN UNE r FOR ROCK TICKETS!' C m •a it I BY GARRY TRUDEAU ATTENTION, LARES' ALL WE HAVE ru NOW, HON. WE ARE COMPLETED/ htU/CT?/ SOU? OUT OF84 words
-
-
BANKING AND FINANCE
-
302 1986-08-16 5 UPI THE foreign debt director of the Brazilian central bank has continued lobbying Canadian banks on his country's debt rescheduling plan. Antonio de Padua Seixas met officials of the Montreal-based National Bank of Canada, the country's sixth largest banklargest bank, on Thursday andUPI - 302 words
-
Article95 1986-08-16 5 Reuter THE ASIAN Development Bank, ADB, has announced two loans totalling nearly US$3O million for farm smallholding development projects in Papua New Guinea. A US$l4 million loan from the bank's ordinary capital resources will be repaid over 25 years, including a six-year grace period.Reuter - 95 words
-
513 1986-08-16 5 Police to be alerted, it is believed NST BANK NEGARA investigators have detected a case of criminal breach of trust involving one of the suspended cooperatives, sources close to the bank said. The sources said on Thursday that the matter would be referredNST - 513 words
-
Article, Illustration220 1986-08-16 5 AP CHINA PLANS to strengthen its exchange control, establish a rational interest system and open a variety of monetary organisations over the next two years. Liu Hongru, the vice-gover-nor of the People's Bank of China, told a meeting of the China Monetary Society on ThursdayAP - 220 words
-
351 1986-08-16 5 FT THE DANISH kroner feU sharply as concern mounted over Denmark's balance of payments deficit. The kroner displaced the Belgian franc as the weakest currency within the exchange rate mechanism of the European Monetary System as it fell to an exchange rate of 3.76FT - 351 words
-
252 1986-08-16 5 NYT PRICES of US Treasury securities fell slightly on Thursday, reflecting traders' disappointment with both the West German Bundesbank's failure to ease its interest-rate policy and with a slightly higher federal funds rate in the US market. The price of the bellwether 30-year bond wasNYT - 252 words
-
106 1986-08-16 5 AP THE PEOPLE'S Construction Bank of China will issue bonds to build an ethylene plant in Shanghai in the first I—mil i of bonds for a key state project in communist China. The 536 million yuan (US$l45 million) in bond issues for theAP - 106 words
-
209 1986-08-16 5 A CENTRAL BANK seminar was held in Singapore by the Security Pacific National Bank this week to enable the bank's officials to discuss issues with delegates from some central banks and financial institutions in the region. Security Pacific's senior vice-president, Richard FLane, said yesterday that209 words
-
511 1986-08-16 5 FT THE WEST German Bundesbank is expected to drop its key interest rates soon, following its through policy review on Thursday, its first after the summer recess. The cuts could come as early as August 28, when the Central Bank CouncilFT - 511 words
-
-
MONEY AND EXCHANGES
-
Article633 1986-08-16 5 Reuter SINGAPORE: The US dollar yesterday closed firmer against most major currencies, except sterling, as speculation rose of a Joint US-West German rate cut. The speculation was fuelled by a report in the International Herald Tribune newspaper quoting an unnamed West German official as saying US Federal ReserveReuter - 633 words
-
Article50 1986-08-16 5 RESULTS OF TENDER held on Aug 15 for 91-day bills to be issued from Aug 18 to Aug 22: Offered: 170,000,000 AppMed for: $258,000,000 Allotted: $70,000,000 Accepted bids: $99.50 approximately 5 per cent, higher bids in full. Average rate ti dlseeut ea allotment: 1.950 per cent per annum.50 words
-
Article233 1986-08-16 5 Interbank rates at 3pm yesterday: v Local dollars to Bid Offer o roee parity ana unit of currency US doiar 2.1585 2.1600 ***** -23 45 Sterling pound ***** 3 2270 7 3469 -56 14 Australian dolor 1 3520 1 3545 3 4286 -60.57 N Z dolor 1 0706233 words
-
Article464 1986-08-16 5 DECEMBER EvtMlv yesterday opened lower than Thursday's closing level at 93.80, but slipped initially to 93.77 on profittaking activities from major warehouses ahead of US economic releases yesterday night. However, newspaper reports subsequently that Fed chairman Volcker and Bundesbank president Karl Otto Poehl have agreed to Joint rate cuts464 words
-
Article257 1986-08-16 5 HONGKONG: Gold closed lower yesterday in generally thin trading. It was unaffected by the dollar's rise on a newspaper report that the US and West Germany have agreed to consider Joint interest rate cuts soon. Gold closed at U*****.00/50 an ounce against an early $388.20/70 and New York's final257 words
-
Article113 1986-08-16 5 THE OVERNIGHT rate on the Singapore interbank money market closed at 3-1/8 per cent yesterday, down 3/8 from Thursday's close. One month was unchanged. Two and three month declined 1/16 point each. Discount Prices At yesterday's close Prices offered by dixount 1 houses on August 15 ■> .K113 words
-
Article, Illustration328 1986-08-16 5 Asian ASIAN DOLLAR deposit rates closed steady yesterday compared with Thursday after fluctuating narrowly in thin and cautious trading. Period rates closed at Thursday's level of 6-5/16 6-3/16 per cent for one month, 6-1/4 6-1/8 per cent for three months, 6-3/16 6-1/16 per cent for six months and 6-5/16 6-3/16328 words
-
-
TIME-OFF
-
Article488 1986-08-16 6 IT SEEMS SOMEONE has lifted the lid off the sin bin. Yes, they never learn. But, then again, will they ever? Even before the English football league can kick off with this evening's Charity Shield curtain-raiser, rival fans have started to go for each other's throats.488 words
-
Article775 1986-08-16 6 MAX COMMANDER - Letter from England MAX COMMANDER takes a jaunty look at life in Britain and how it feels to be back home after two years in Singapore. MAX COMMANDER ALL THE WORLD knows that the English are insular, arrogant, aloof, and never ever speak to their neighbours.775 words
-
Article, Illustration323 1986-08-16 6 THE ACCLAIMED Black Light Theatre of Prague, which was last in Singapore for the 1984 Festival of Arts, almost didn't make it to their five performances scheduled later this month. The Goodwood Park Hotel, which is bringing in the troupe, learnt recently that323 words
-
Article284 1986-08-16 6 HAVING ENJOYED tremendously last Saturday's National Day Parade, many people must be wondering who were the brains behind it and also who was bold enough to propose a show totally different from all other previous parades. Word is getting round that no civil servant or army284 words
-
Article1026 1986-08-16 6 What's on from Aug 16-22 CONCERT: Performance by Hongkong atara. Sentosa Musical Fountain. 8 Bpm. Popular Hongkong stars like Andy Lau Tak Wah, Mok Siu Chung and Wong Yat Cheung will sing popular numbers. Free except for usual entry charges into the island. EXHIMTION: Into The UghL Arbour Fine1,026 words
-
Article, Illustration182 1986-08-16 6 THE WEEK-LONG British Film Wook, presented by The British Council and tho Singapore Film Society, end* today with the screening of Soft Target* and Drmamchild at tho RELC Auditorium. Written by ona of Britain's bast young playwrights, Staphen Poliekoff, Soft Target* is about a182 words
-
792 1986-08-16 6 Mike Thumba - Bridge by Mike Thumba THE PESTA SUKAN Bridge Tournament is not widely known in Singapore. There are several reasons why this is so. Bridge is not a mass spectator sport. It's mainly confined to the leisure class. The game attracts only those who can792 words
-
-
SPORTS
-
Article, Illustration443 1986-08-16 7 WALTON MORAIS - By WALTON MORAIS ENTERING the first match of its kind in Singapore golfing history, Patricia Goh was quite matter of fact. The 21-year-old talked about tomorrow's inaugural Singapore Ladies Golf Association versus Singapore Golf Association match at Tanah Merah443 words
-
377 1986-08-16 7 UPI THE OLD JOKE that there are only two soccer teams on Merseyside Liverpool and Liverpool reserves is a cruel taunt that may come to life in the Charity Shield at Wembley Stadium today. Everton, having broken its neighbour's stranglehold on English football, sawUPI - 377 words
-
243 1986-08-16 7 AP BRAZIL'S top soccer clubs are starting to gear up (or the National Team Championship, scheduled to start on Aug 3L Forty-four teams from 21 of Brazil's 23 states and the federal district will compete in the first-division championship, which continues through December. In theAP - 243 words
-
660 1986-08-16 7 BRIAN MILLER - By BRIAN MILLER HE LOOKED GOOD in the pa- 1 rade ring last week. Much better than he looked when turned out 1 for his first outing three months ago in Penang. Trainer Garnet 1 Bougoure must have done a t good job. i660 words
-
Article, Illustration440 1986-08-16 7 AP RAY FLOYD picked up his golf ball, put it in his pocket and walked in from the golf course on Thursday but he still qualified for the second-round play in the New USH-million International Tournament. "What difference does it make?" Floyd, the currentAP - 440 words
-
139 1986-08-16 7 Trevino puts up keen fight for Benson Hedges title UPI AMERICAN VETERAN Lee Trevino notched six birdies in a 66 on Thursday to trail Britons Mark James and Gordon Brand Jr by one stroke after the opening round in the U*****,000 Benson and Hedges International golf tournament on the FulfordUPI - 139 words
-
-
Page 7 Miscellaneous
-
Miscellaneous1251 1986-08-16 7 to (md mm SATURDAY MQHT MOVIE TAG: Tha A——ination Qmm A V This film centres on the game of tag. Students in a college campus stalk their "victims' (other students) to make successful "hits" with rubber-tipped dart guns. The only problem is that in this suspense drama, someone is stalking1,251 words
-
Miscellaneous779 1986-08-16 7 I J J ii CRYPTIC PUZZLE ACROSS 9 One of the top men in the rocket? (3. 5) 10 Btome for the strike (3) 11 The dergymon, I see, is bockrtg him (6) 12 Imprisoned, soy no more (4, 2) 13 "Contrary" you take bock (7) 14 Scheme to get779 words
-
-
INTERNATIONAL STOCKS
-
Article282 1986-08-16 8 Reuter GUINNESS PLC has sold its 18.83 million share stake in British Petroleum Co PLC at a net price of 575p to brokers Salomon Brothers and Hoare Govett in a US-style block trade transaction. Simon Duffy, the director of corporate finance for Guinness, said on ThursdayReuter - 282 words
-
167 1986-08-16 8 Reuter PLESSEY Co PLC said its order book at the end of the first quarter, which rose to £1.39 billion from £1.36 billion at the end of financial 1985/86 despite adverse currency trends, confirmed its forecasts of an upturn. Particularly significant order increases wereReuter - 167 words
-
300 1986-08-16 8 Reuter WALL STREET stocks on Thursday continued a rally which started on Monday and inched ahead on hopes the Federal Reserve might convince Germany and Japan to lower interest rates. The Dow Jones Industrial Average rose 0.42 to 1,844.91. The index of 30 blue chipReuter - 300 words
-
Article135 1986-08-16 8 AUG 14 o 23% fcnp oi a A hco M Pro* ftp# Iu M 41* 16* 38* 17* -ft -ft Aicon Alum 42* 13* I6H ft 15* Lobtow Co Mc BkxW 13 37* Bonk Of Montrwri M Canada Bp Rmoutcm BraKon O A Canodkon bnp Bank 32* 38* 29*135 words
-
Article225 1986-08-16 8 AUG 14 W Tonaoot Trust 8k 720 122 mch -1 MDUSTStALS Un Staal 51 inch Wooftru 1260 -10 A Alpha Abarcom A#d Amaprop 1125 280 1400 375 inch 5 unch unch M A MMGS 5500 ***** 25 C G in**'.'.. I960 2850 -5 unch BuHah loaoo 1800 3400 inch225 words
-
Article603 1986-08-16 8 AUG U USS Aleon Akiit* 30* undi Alcoa 37 ABog M 17 AJkd Sig 40* AM S*om 51 -1* Afc-Chahnan 3* mti Am Brands he 92* Am Can Co IKtl Am Cyonaned S3* Am Ehc Pwr 29* Am Expr*« *2 Am Horn* Prod 93* Am Motor* Cp 2*603 words
-
Article627 1986-08-16 8 Amsterdam AUG 14 fit Am Aagon AhaM Ak»o ***** -4.5 107.30 -0 5 *7 50 -1.3 163 20 -0-2 Ahnk. 152 40 02 AMEV Amro Bank Am S*od Baikal 82.50 1.3 110 50 -1 127 00 +0.5 37.50 -0.3 Bmiumj Buahrmon Tattan 115.00 -0.5 •4a... 212.50 1.5 702.50627 words
-
161 1986-08-16 8 FT ASEA, the Swedish electrical engineering group, boosted its turnover by 32.3 per cent in the first six months of the year to kroner 22.7 billion, helped by the invoicing of the CMoltihamn 3 nuclear power station. Profits (after financial items) rose byFT - 161 words
-
-
Page 8 Advertisements
-
Advertisement468 1986-08-16 8 Wtere to wiae, «llae agj eatertala r 0® 0 3». 0 In a cosy, relaxed, old-world ambience, reminiscent of the leisurely Viennese afternoons of old. Select 2 Austrian speciality pastries and savour them over a cup of hot chocolate, freshly brewed coffee or tea, Sanka or ice tea. All for468 words
-
Advertisement0 1986-08-16 8 ');_.^.|~!{<>!|'*;&,*`"*!,*,;~(0 words
-
-
ASIAN STOCKS
-
Article321 1986-08-16 9 HONGKONG: Share prices yesterday rebounded to close higher, following a delayed response to the Hong Kong Association of Banks' decision of a one point prime rates cut. The Hang Seng Index gained 10.60 to 1,935.76 after it edged down 0.63 in the first hour of trading. The Hong Kong321 words
-
Article243 1986-08-16 9 AUG 15 MT$ -0.09 -03 -0 4 Kuochan Dav Laa Chang Yuan 21 30 28 20 ■03 -1 Alio Camant 22.90 Lion Hwo Mm Nan Ya Ptas 1050 35 50 66 Chang t-Hva Bark 40 40 23.50 0.1 -0.5 Nat Invastmant Trust 356 80 -0.2 Chn Hw Camar* Chin243 words
-
Article372 1986-08-16 9 TOKYO: Stock prices continued to advance for the seventh straight session yesterday, pushing the 225-share market average to another record level. The index closed 111.70 yen up at 18,376.41, surpassing the previous traded high of 18,265.18 and record close of 18,264.71, both set on Thursday. Turnover was an ac-372 words
-
Article60 1986-08-16 9 AUG IS PM OvtrMOt 0.016 +0001 Acof* MMng Phlox B 0.27 +0.01 0.015 unch Alto* Con. B BoguK> Gold 14 +3 0.0024 0.0012 ***** +***** PIDt Son Mjguol B 188 -I 65 -I 86 -2 13 25 +0.25 Fnt Phi HMgs Laponto B. 4.20 +0 1 0.1150 -0 00560 words
-
Article386 1986-08-16 9 SYDNEY: Australian share markets extended their mid-week rally to close stronger in brisk trading, buoyed by sharp rises in overseas bullion prices and in anticipation of a tough budget next week. The market was also encouraged by the reserve bank's intervention to prop up the dollar in the wake386 words
-
Article158 1986-08-16 9 Reuter BANGKOK: The Securities Exchange of Thailand Index rose 1.02 yesterday to 142.34 on turnover of 1.4 million shares worth 235 million baht. Reuter The Seoul market was closad yaatarday for Independence Day. AUG IS 1 Ao Kham Thai MM 147 149 34 75 191 119 303 4-3 SamReuter - 158 words
-
128 1986-08-16 9 Reuter DEVELOPMENT Finance Corp (DFC), owned by the New Zealand government, will be allowed to issue shares to the private sector and be reconstituted as a company under new legislation introduced in parliament. The government will retain an initial majority shareholding of 55Reuter - 128 words
-
246 1986-08-16 9 UPI TOSHIBA CORP, a ma jew Japanese electronics company, will take over a Mitchell, South Dakota factory of Minnesota Mining and Manufacturing Co for the production of toner powders and copying machines. The Japanese company said yesterday the purchase contract was toUPI - 246 words
-
156 1986-08-16 9 Reuter THE SEARCH by Japanese institutions for better returns during a period of low interest rates is feeding a boom in aggressive fund management through special tokkin investment trusts, according to securities house managers. Total assets held in tokkin rose to 8,256.8 billion yenReuter - 156 words
-
159 1986-08-16 9 Reuter CASTLE PEAK Power Co Ltd had mandated Schroders Asia Ltd to raise a total of HK$2 billion through a transferable loan facility and a commercial paper issue, banking sources said. The HK$l.45 billion transferable loan facility will be repaid inReuter - 159 words
-
187 1986-08-16 9 Reuter EVERGO Industrial Enterprise Ltd had been widely seen as stalking Hongkong A China Gas Co Ltd as a takeover target, but analysts said it now seemed to be looking few a chance to sell its stake in theReuter - 187 words
-
-
Page 9 Advertisements
-
Advertisement575 1986-08-16 9 %ii/5£Z fSM m wiae. iilm mii eater iaia Variety With Quality Our famous Nonya Buffet Lunch and sumptuous Buffet Dinner are great value for your money. Only 14+ per adult and $B++ per child for a delightful meal Or select your favourite dishes from our a la carte menu. •LUCIA575 words
-
Advertisement130 1986-08-16 9 "Z show Band from > HOT DISCO COUNTRY SENTIMENTAL POP ROCK* and you name it!! J&chj Wonq Singapore's very own Slim Whitman] with country favourites and oldies. Happy Hours: 5-7pm Buy one get one free (except premium brands) CAJRNHILL HOTEL 19 Cairnhill Circle. S pore 0922. Tel: *****22 I 57?130 words
-
-
SHARE INFORMATION
-
Article, Illustration4213 1986-08-16 10 BLUE CHIPS recovered from their day's lows while several hitherto neglected Malaysian stocks and non-trustee Singapore stocks rose in active trading as bargain hunters took centre-stage. The keenly-watched Straits Times Industrial Index, a 4.54-point loser at midday, managed to finish in the plus4,213 words
-
Article193 1986-08-16 10 Rises Indices A B N 100H 584 40 Auo U AM 15 Metro HUf 402 30 ■T Composite 681 84 682 92 ibyti 314 25 BT Indicator *****440 *****760 OUC 265 21 BT OB/OS 305 304 Poriwor H 50« 107 19* BT Cam -6513 -6485 Sm Viw193 words
-
Article3854 1986-08-16 10 BID and offer price* officially listed and business in and reparted to the Stock Exchange at Singapore yesterday with "the number at shares traded shown in brackets in lots at 1,000 units unless otherwise specified. All Time Settlement Contracts are quoted after the word "SETT".3,854 words
-
-
COMPANY NEWS
-
Article, Illustration410 1986-08-16 11 RAMESH CHANDIRAMANI - H By RAMESH CHANDIRAMANI AVID READERS of this column are now sitting on pocketfuls of profit, for they were well prepared to take advantage of the recent stock market run-up. On July 30, when the ST Index was around the 740 level, I410 words
-
936 1986-08-16 11 CPF TRUSTEE STOCKS had a field day this week as economic indicators and corporate results point to better times ahead for the stock market. During the week, the Straits Times Industrial Index, which boasts 11 trustee stocks among its 30 components, achieved a 5936 words
-
Article, Illustration631 1986-08-16 11 NAJEEB JARHOM - By NAJEEB JARHOM PROMET's latest annual report for 1985 has revealed a gap between the directors' and auditors' views on how much the group needs to write down its oil and gas investments. The auditors' report dated July 24 prepared by public accountants Ernst A.631 words
-
Article255 1986-08-16 11 QAF Ltd has described a Chinese newspaper report yesterday that the company was interested in buying the Hyatt Regency Hotel as having no factual basis. "QAF Ltd has never had an interest nor intend to have an interest in the sale or purchase of the Hyatt Hotel or255 words
-
Article90 1986-08-16 11 TNgkak H sidings Beriuui: EGM at Conference Room No 3, 1st Floor, Merlin Hotel, Jalan Sultan Ismail, ***** Kuala Lumpur, on August 22 at 10am. C K Tang Limited: 26th AGM at 310 4 320 Orchard Road, Singapore 0923, on Saturday, August 23, at 10.30am. lUxy Electric Industries90 words
-
274 1986-08-16 11 MBT BERJAYA CORP (Malaysia) and Palmco Holdings, which have a cross-holding in each company, are expected to seek board representation in each other soon. Berjaya chairman Datuk Sulaiman bin Mohd Amin said Berjaya would seek to nominate one or two directors to theMBT - 274 words
-
Article107 1986-08-16 11 HONGKONG All Industrials Hongkong Index Fndoy 1212.12 iWjrsdoy i 203.75 Fndoy 1859 9 Thursday 1835.9 Week ago 1823.2 Week ogo 1204.50 NEW YORK Hong Seng Index Dow Jones Fndoy 1935.76 Thursday 1925.16 Week ogo *****9 Thursday 1844 91 Wednesday 1844.49 Week ogo 1786.28 TOKYO Standard Poors Nikkei Averoge107 words
-
Article876 1986-08-16 11 SHARE prices yesterday opened quietly mixed but showed a firmer bias as the recent speculation that world interest rates are set to come down soon remained at the back of most operators' minds. Dealers said trading volume was very thin with the weekend approaching and a further two876 words
-
Article276 1986-08-16 11 Monogers' prices for Aug 18 Singapore Unit Trust The Commerce 0 86 0 92 The Savmgs Fund 0 77 0 83 S'pore Prog Fund 0 35 0 39 S'pore Sec Fund 0 59 0 64* S'pore Invest Fund 0 59 0 64 S'pore Equity Fund 0 42 0276 words
-
-
Page 11 Advertisements
-
Advertisement11 1986-08-16 11 Training improves your nance Let BT show you how every Wednesday.11 words
-
Advertisement47 1986-08-16 11 Re: Notice of proposal to change of ship's name by Argo Dua Shipping Pte Ltd in The Business Times on 15/8/86. The name of the motor tank vessel should read "Zenlt Minerva" and the call sign should be "C6BLT and not as published. The error Is regretted.47 words
-
-
Article, Illustration434 1986-08-16 12 LOH HUI YIN - Young workers need stimulation, says Eugene Yap By LOH HUI YIN A CALL for employers to make their factories challenging and creative places for workers was made yesterday by Mr Eugene Yap, senior parliamentary secretary (Labour and Environment). He told his Mountbatten constituents that434 words
-
Article310 1986-08-16 12 IF YOUNG PEOPLE are unemployed for too long there is a danger of them losing the tendency to work, Mr Eugene Yap warned last night. Mr Yap, senior parliamentary secretary (Labour and Environment) urged them to be prepared to work in factories where some production jobs310 words
-
299 1986-08-16 12 UPI, AP HUNDREDS of demonstrators, angered by the arrests of opposition leader Benazir Bhutto and hundreds of other political figures, waged a second day of pitched street battles with police in Karachi yesterday. Other opposition leaders vowed to launch a newUPI,; AP - 299 words
-
73 1986-08-16 12 AP A NEW ZEALAND schoolboy fooled a bank into crediting his account with the equivalent of US$5OO,OOO by depositing a candy wrapper instead of money into an automatic teller. The staff of the United Building Society, a savings banks, were reviewing the securityAP - 73 words
-
Article, Illustration351 1986-08-16 12 Reuter PRIME MINISTER Rajiv Gandhi said yesterday India had entered its 40th year of independence determined "to end terrorism forever" and predicted that Sikh separatist violence would be crushed shortly. Gandhi, speaking behind a clear bulletproof shield in an independence day address fromReuter - 351 words
-
150 1986-08-16 12 AP HONGKONG'S High Court yesterday sentenced a former manager of the Overseas Trust Bank, Chung Chiu-Fat, to three years in jail for defrauding the bank. Noting that Chung was not the main architect of the schemes, Judge Michael Wong said he did not acceptAP - 150 words
-
257 1986-08-16 12 Bernama AFP THAI PRIME MINISTER PremTinsulanonda, chairing the first meeting of his new government, yesterday called on his Cabinet to put national interests beforepersonal. Urging the newly-appointed Cabinet to work for the common good of the people, he said the 232-seat majority commandedBernama; AFP - 257 words
-
208 1986-08-16 12 Reuter AUSTRALIAN Prime MinUter Bob Hawke warned yesterday that Australia faced economic collapse unless it adjusted quickly to a crisis in its balance of trade. Hawke told a radio interviewer that the nation was living beyond its means. He spoke five days before theReuter - 208 words
-
120 1986-08-16 12 AFP THE PHILIPPINES posted a balance of payments surplus of US$5l7 million in the first half of 1966, the Central Bank said. The country also registered a current account surplus of US$5B3 million for the first semester, US$4B2 million from the second quarterAFP - 120 words
-
Article393 1986-08-16 12 BRIAN GOMEZ - By BRIAN GOMEZ THE EXTREMES of productivity changes and other nuances are highlighted in a new quarterly bulletin of the National Productivity Board (NPB). The figures indicate clearly why managers in the clothing sector had reason to smile in the final quarter of last year,393 words
-
Article89 1986-08-16 12 Reuter GOLD FUTURES declined in early thin dealings yesterday, undermined by a 0.4 per cent drop in US producer prices in July. The pacesetting October contract traded at U*****.30 an ounce, down US$l.7O from Thursday night's close but up from an early low of U*****.50. AsReuter - 89 words
-
Article65 1986-08-16 12 Reuter WALL STREET STOCKS rose slightly yesterday as bond prices strengthened, reflecting news of a 0.4 per cent drop in July producer prices. Transports, led by airlines, continued to aid the overall market with another strong start. Expectation of a discount rate cut continued to lend support.Reuter - 65 words
-
LATE FILE
-
Article36 1986-08-16 12 AP THE Shenyang Automobile Factory Co has advertised nationwide to find directors for its three factories in a departure from the norm of government appointments, the state-run Xinhua news agency said yesterday.AP - 36 words
-
Article48 1986-08-16 12 AFP WHOLESALE prices in the United States fell 0.4 per cent in July after remaining stable in June, the Labour Department announced in Washington yesterday. It said wholesale prices over the last seven months had fallen 6 2 per cent in annual terms. AFPAFP - 48 words
-
Article42 1986-08-16 12 Reuter DESPITE Republican anger and a veto threat from the White House, the House of Representatives yesterday moved towards the passage of a 1987 defence bill that represents an unprecedented challenge to President Reagan's arms control policies. RenterReuter - 42 words
-
Article35 1986-08-16 12 Reuter SRI LANKAN President Junius Jayewardene has cancelled plans to attend the non-aligned summit in Zimbabwe next month to pursue talks on ending the island's ethnic strife, authoritative sources said yesterday.Reuter - 35 words
-
Article39 1986-08-16 12 AFP WEST GERMAN port police said yesterday they had traced a German-registered freighter, the Aurigae, which they believe sailed to Canada with 155 Tamil refugees who said they had never been to West Germany.AFP - 39 words
-
Article46 1986-08-16 12 AFP THE Trengganu Fisheries Department plans to spend US$BO,OOO on turtle conservation this year, a department spokesman said yesterday. The project makes Malaysia one of the first countries in Asia to have a programme aimed at preventing the reptiles' extinction. AFPAFP - 46 words
-
-
Page 12 Advertisements
-
Advertisement165 1986-08-16 12 Make it your Business to know the main issues affecting the economy by reading Singapore Business. SB's reports and analyses are the ideal monthly update for busy executives. Singapore Business is a must for doing business in Singapore, and in its NEW form, it makes it possible to stay in165 words
-
-
Page 12 Miscellaneous
-
Miscellaneous44 1986-08-16 12 Outlook: Foir Report for 24 hours prior to 7.30pm on Aug 15 ot the airport: Maximum temperature 32.5 Associated humidity 56 Minimum temperature 24.5 Associated humidity 89 Hours of sunshine 6.10 Roinfoll in millimetres 3.1 Rainfall this month 26.6 Rainy days this month 444 words
-