The Business Times, 25 April 1987
1987-04-25
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The Business Times
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Title Section13 1987-04-25 1 BUSINESS TIMES M.C. (P) No. 112/12/86 Weekend Edition, April 25-26, 1987 75 CENTS13 words
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Article, Illustration244 1987-04-25 1 Stock market THE STOCK MARKET closed mixed in fairly active trading yesterday with most institutions moving to the sidelines to await the results of yesterday's Umno elections. The Straits Times Industrial Index lost 1.88 points to 1,137.76 while the BT Composite Index finished at 1,013.71, down 2.11244 words
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Article, Illustration394 1987-04-25 1 BRIAN GOMEZ - By BRIAN GOMEZ MALAYSIAN Prime Minister Datuk Or Mahathir Mohamad retained his position as president of the United Malays National Organisation (Umno) in a narrow victory that indicated the division in the 41-year-old political party. It was Dr Mahathir's third win for394 words
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531 1987-04-25 1 JUNE LIM - Sasar members achieve 11.3 pc rise in turnover By JUNE LIM THE MARINE industry broke its run of bad spell last year on the back of a strong recovery in shiprepairs. For the first time in five years, members of the Singapore Association of531 words
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136 1987-04-25 1 AP THE BANK of China yesterday announced new regulations which will make it easier for foreign investors to obtain loans. China's state foreign exchange bank, in a 27-article document, said in the future joint Sino-foreign cooperative enterprises and wholly foreign-owned enterprisesAP - 136 words
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494 1987-04-25 1 Agencies THE US dollar yesterday plummeted below 140 yen for the first time since War World 11, prompting Japanese business leaders to renew calls for effective government action to stabilise money markets The greenback also fell sharply onAgencies - 494 words
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153 1987-04-25 1 Reuter TAIWAN and the United States have agreed to extend their current three-year textile-export agreement for a year and to increase the amount of textiles and clothing Taiwan can sell to the United States, the Taiwan Textile Federation said yesterday. A spokesman forReuter - 153 words
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Page 1 Advertisements
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Advertisement242 1987-04-25 1 Nikon THE WORLD'S FINEST PHOTOGRAPHIC SYSTEM INSIDE OUR VIEW A BRITISH GROUP planned an interesting way to spend Easter this year: they would re-enact the pilgrimage from London to Canterbury immortalised in Chaucer's The Canterbury Tales. Their plan is also proof of the continuing fascination which pilgrimages exercise on people,242 words
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Advertisement373 1987-04-25 1 Mahathir defends value of Naw Economic Policy, Back Paga a i\ 0 if T9 II L IrtlSlßl VAN CLEEF ARPELS. 22 PUVCE VENDOME PARIS It all started in 1906. when the Arpels brothers, Julien, The same is true of the watch models of la collection Louis and Charles opened a373 words
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Advertisement112 1987-04-25 1 Nikon THE WORLD'S FINEST PHOTOGRAPHIC SYSTEM I f v m I Kli W 3 1 r«« .if •.-<<*«? Club Med today Page 9 Personal Trtwla Call me Samurai Tourist Page 9 Health Slicing that guava down to size Page 10 CaHactfng Old world charm mapped out Page 10 Weekend TV112 words
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HOME NEWS
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423 1987-04-25 2 CHUANG PECK MING - By CHUANG PECK MING GUARDIAN PHARMACY, a division of Cold Storage Holdings, expects rapid growth to be sustained this year with the addition of at least eight outlets to its existing chain of 21. This means that about another $3 million will be invested by423 words
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Article, Illustration283 1987-04-25 2 HOMEMAKERS '87 opens today at the World Trade Centre. Billed as South-east Asia's largest home products extravaganza. the show is the ninth in the series. It will feature close to 250 exhibitors from seven countries, namely Singapore, Pakistan, Australia. West Germany, the Philippines, Malaysia and Taiwan.283 words
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Article71 1987-04-25 2 VISITORS to Homemakers '87 will catch a glimpse of Grundig's new Jumbo colour television. Hot off the production line, the Jumbo, which costs more than $8,000, is a 95-cm colour television built on a multi-pro-gramme system. It has a storage capacity of 80 pages of teletext data, said71 words
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481 1987-04-25 2 IN A MAJOR CHANGE of tack in its aim to save people dying of kidney failure, the National Kidney Foundation is going all out to set up self-dialysis centres throughout Singapore. These satellite dialysis centres. where patients get treatment at a481 words
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237 1987-04-25 2 NO MAJOR AMENDMENTS have been made to the Human Organ Transplant Bill in its review by the Parliamentary Select Committee formed to look into the proposed law. The Select Committee on the Human Organ Transplant Bill presented its report to Parliament on Wednesday237 words
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182 1987-04-25 2 TEN SINGAPORE makers of metals and plastic components will head for Australia this weekend to promote their contract manufacturing and subcontracting services. The two-week trip, organised by the Trade Development Board, is a follow-up of a similar mission organised last year. Two exhibitions182 words
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Article90 1987-04-25 2 AN APPARENT INCREASE in public interest in property was not matched by sales at an auction on Thursday. Although 400 people packed the auction conducted by Knight Frank Cheong Hock Chye Baillieu at the Hyatt Regency, only one house and two apartments were sold. An industrial90 words
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433 1987-04-25 2 IT WAS not exactly a grand entrance, but Mrs Bee Wan Ditzig's slow but purposeful walk to the rostrum on crutches has a special heartwarming dimension appropriate for the occasion. The executive director of the Community Chest was yesterday named The Young Advertising433 words
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Article, Illustration216 1987-04-25 2 KEEP UP WITH technology, Mrs Yu-Foo Yee Shoon, Member of Parliament for Yuhua, told secretaries yesterday Sophisticated office automation poses a challenge to secretaries so they will have to upgrade their skills. They will in the future need to do more than type, take dictation,216 words
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Article320 1987-04-25 2 FLORENCE CHONG - Republic Plaza four keen From FLORENCE CHONG AT LEAST four foreign banks have expressed interest in buying space at the proposed Republic Plaza in Raffles Place, according to its Australian developer, Land Equity. The Sydney-based company told the Australian Financial Review that selling space to users was an alternative approach320 words
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263 1987-04-25 2 LOCAL furniture manufacturers can expect to sell around $50 million worth of furniture and interior goods to Actus Singapore Re Ltd, a subsidiary of Japanese furniture manufacturer Actus Corporation, by 1990. At the Economic Development Board s monthly board meeting, which was263 words
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Article1125 1987-04-25 2 AT CONVENTIONAL WHARVES SPC XI J12 25.04/0000 2504/1800 Veeeef Berth Arrival Departure MARINA WHARVES KEPPEL WHARVES Hong Eng Haropan Samudra M4A M1B alongside 25.04/0900 25 04/0600 26.04/0600 Ananas K19 alongside 25 04/2300 Jinlian 3 MIA 25.04/0800 25.04/1200 6 Seta war K20 alongside 25.04/1200 Meloka Jaya M4B 2504/05001,125 words
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Page 2 Advertisements
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Advertisement71 1987-04-25 2 Pharmaton Capsules An effective aid to good health One Pharmaton® capsule a day will help to maintain your well-being, relieve t tiredness and improve u physical fitness. Available at all leading pharmacies, drugstores and the local distributor: ENQUIRIES ARE WELCOME H 15 IT*L A PK &s] INDRUGCO PTE. LTD. 34-C71 words
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OVERSEAS
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393 1987-04-25 3 Reuter, AFP KREMLIN number two Yegor Ligachev has emphasised a need for cooperation among communist countries to counter efforts by the West to hinder their development, according to the Soviet news agency Tass said. Ligachev told workers at a Budapest machine tool factoryReuter, AFP - 393 words
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Article, Illustration248 1987-04-25 3 FT EAST GERMANY has rejected any need for Soviet-style economic or political reforms and emphasised that its domestic policies in the past were proven correct. East German leader Erich Honecker said on Thursday that since 1971 when he came to power, the party had appliedFT - 248 words
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273 1987-04-25 3 AP THE EUROPEAN COMMUNITY cannot free capital movements and still maintain strict control on exchange rates unless EC governments significantly strengthen monetary policy cooperation. A report released on Thursday, written for the EC Commission by a panel of economists and bankers, saidAP - 273 words
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178 1987-04-25 3 AFP HONGKONG is unlikely to be exempted in a US trade bill aimed at improving Washington's huge trade deficits in spite of the territory's open-trade policy, a senior US trade official said on Thursday. The statement was made by Michael Hathaway, seniorAFP - 178 words
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146 1987-04-25 3 Reuter SENATORS on Thursday warned US airlines to reduce flight delays and improve service or Congress would increase federal regulation of the industry. "The service provided airline passengers today is disgraceful," Ohio Democrat Howard Metzenbaum told executives from Continental, Delta and American AirlinesReuter - 146 words
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628 1987-04-25 3 Reuter A SEEMINGLY strong 4.3 per cent real rate of economic expansion between January and March masks underlying weakness in the US economy with huge stocks of unsold goods and sluggish overseas sales, economists said. The Commerce Department said on Thursday that the grossReuter - 628 words
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333 1987-04-25 3 Reuter THE US SENATE Foreign Relations Committee has approved an US$ll.l billion foreign assistance package, slashing President Ronald Reagan's 1988 request by more than US$4 billion. The 17 to 2 committee vote followed similar action in the House Foreign Affairs Committee earlier this month.Reuter - 333 words
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Page 3 Advertisements
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Advertisement219 1987-04-25 3 TO CUTOUT THE CEASELESS BABBLE OF EVERYIW LIFE. SIMPLY SHUT THE DOOR. it i I 1 V. 4. I V f JT VL..2l 5 \m i^i Once the door of the new Nissan Laurel is firmly closed, all extraneous noise is cut to a whisper. This was confirmed by Motoring219 words
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Page 3 Miscellaneous
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Miscellaneous43 1987-04-25 3 Doonesbury HELP YOU* v DOCTOR IN* THISISHIS BROTHER. r\ \> O 2W n H U o BY GARRY TRUDEAU HE PtPNI TELL YOU, Siß* HEtPOfNS A PILOT CALLBP'ASK driuhoopee.' itssort OF A SEX-CP TALK SHOWFORTEENS. m m •vv ti N IS 9 U ii43 words
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COMMODITIES
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Article, Illustration564 1987-04-25 4 Producers urged to observe quotas Bernama MALAYSIA might have to review its position on tin if other member countries of the Association of Tin Producing Countries did not abide by their quotas to limit exports, Primary Industries Minister Datuk Dr Lim Keng Yaik saidBernama - 564 words
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173 1987-04-25 4 Reuter INDIA will seek an international agreement to ensure only good quality tea is sold on world markets, the chairman of the Indian Tea Association, Deepak Atal, has said. He also said it would renew efforts to reach an agreement to regulate teaReuter - 173 words
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Article898 1987-04-25 4 ARRIVALS Operator Service Local From number time UA UA805 0045 SFO/HKG MAS MH621 0140 KUL CAL CI333 0405 TPE SIA SQ41 0615 MAA MK MK746 0725 MRU SIA SQ411 0820 BOM MAS MH681 0820 KUL SV SV398 0835 JED/RUH KAL KE624 0840 KUL AC AC858 0850 YYZ/LHR/BOM898 words
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Article464 1987-04-25 4 Crude palm oil futures closed easier to unchanged in fairly light trading on the Kuala Lumpur Commodity Exchange yesterday. The market lacked fresh buying support. This coupled with the absence of speculative interest saw values easing marginally. The Chicago Board of Trade and Rotterdam produce market were also464 words
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Article97 1987-04-25 4 ALL PRODUCTS firmed in the East Asian petroleum spot market. Limited supplies of April and May cargoes were cited by most traders as the reason for the price increase Japanese buying was also given a lift by next week's "Golden Week" celebrations. Crude (FOB origin) US$/borr»l Otong*97 words
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Article85 1987-04-25 4 THE Kuala Lumpur tin market price closed one cent higher at M 516.67 per kilo yesterday on covering. The tonnage bid at the opening was a small 85 tonnes against even smaller offers of 63. In quiet trading, buyers reduced their bids to the offered level to make85 words
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Article336 1987-04-25 4 London Commodity Exchange Buyer/Seller doling prices on April 23 (£/tonne unlets specified) Previous closing prices in parenthesis Coffee Basis in-store London, sellers option CIF London May 1315/1316 High/Low (1305/1306) 1320/1295 July 1339/1340 High/Low (1330/1335) 1340/1313 Sales (2165 Cocoa May 1289/1290 (1292/1293) High/Low 1290/1283 My 1322/1323 (1325/1327) High/Low 1322/1317336 words
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118 1987-04-25 4 Reuter SAUDI ARABIA and Britain discussed oil market stability on Thursday without any apparent sign that the British government would alter its long-standing opposition to interference in the oil market. The official Saudi Press Agency quoted Saudi Oil Minister Hisham Nazer asReuter - 118 words
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292 1987-04-25 4 AFP FILIPINO farmers are looking skywards and praying for ram that has not fallen for months, but officials in Manila were optimistic that rainclouds would appear in time to prevent catastrophic crop losses. At least 118,000 tonnes of rice and corn, the country'sAFP - 292 words
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Article263 1987-04-25 4 HONGKONG: Gold closed lower yesterday on fairly heavy profittaking, mainly by Chinese interests, after a day of active trading. It opened firmer in reaction to the falling US dollar and strong silver prices. Bullion ended at U*****.50/U*****.50 an ounce after reaching a high of U*****.00/U*****.00. This compared with263 words
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Article293 1987-04-25 4 SINGAPORE The market closed yesterday on a firm note with May 1 RSS buyers quoted at 205.00 cents/kilo, up four cents from Thursday. The morning session gained four cents on weekend short covering of nearby positions and a reserve of sellers in thin trading. Prices hovered narrowly in light293 words
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Article281 1987-04-25 4 R AS prices in S cents/kg. FOB In bales NOON CLOSE Buyers Sellers Buyers Sellers Int 1 RSS Prompt 205.50 206.50N 206.50 207.50N lot 1 RSS May 87 204.00 204.50 205.00 205.50 Int 1 RSS Jun 198.50 199.00 199.50 200.00 Int 2 RSS OP 188.00 190.00N 188.50281 words
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Article72 1987-04-25 4 WHEAT FUTURES Chicago Board of Trade closed from 2-3/4 to 5-3/4 US cents a bushel higher on Thursday, with spot May at U552.79-3/4. Two local professional houses were featured among the buyers of Jwly. Cargill sold July late. Corn futures cloved three to 3-1/2 cents a buahel higher, with72 words
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Article81 1987-04-25 4 SOYBEAN FUTURES on the Chicago Board of Trade closed 3-1/4 to six US cents a bushel higher on Thursday. with May at US$5.l71/4. Prices rose on the overriding bullish influences of sharply higher silver prices and the weaker dollar. Soymeal futures closed US$l.7O to US$2.OO a tonne higher, while81 words
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Article283 1987-04-25 4 Chinese Produce Exchange Setters' noon doting prices on April 24 (SS/100 kg) Coconut oil Bulk FOB 88.00 Old drum FOB 98.00 New drum FOB 102.00 Copra Mixed (loose) 50 Pepper sellers Muntok white FOB NIW 1180.00 Sarawak white FOB foq NIW 1165.00 Sarawak special block FOB NIW 935.00283 words
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Article86 1987-04-25 4 (canfi.'kg, 1-ton poM«ti) MAY 87 JUNE 87 (current month) (forward month) NOON NOON RAS tur*™ S*U*ri •uy*" S*fl*n SS« 20 176 00 178.00N 176.00 178.00N SSI 50 175.00 176.00N 175.00 176 OON MRELB 8vy*n S*lt«rt SMR CV 240.50 *****N 241.50 243.50N SMR I 239 50 241 SON86 words
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Page 4 Advertisements
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Advertisement54 1987-04-25 4 /ITj J The business person's choice. II /1 Y every Tuesday. Saturday and I ji II \l I I V Sunday. Leaving Changi Airport at W I I 22 05 hours and arriving Bombay at 00:30 hours. Call your Travel Agent or Air Canada at *****55. Effective thru 30 April54 words
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BANKING AND FINANCE
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Article, Illustration394 1987-04-25 5 Reuter TAIWAN is failing in its efforts to stem an influx of speculative money, which has helped push the island's foreign exchange reserves to US$54 billion, according to local and foreign bankers. They said that in spite of strict currency controls imposedReuter - 394 words
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204 1987-04-25 5 Reuter AUSTRALIA on Thursday .launched the Nugget a series of gold coins aimed at capturing slice of the market traditionally dominated by South Africa's krugerrand. Sales of the nugget, which come in four sizes named after famous gold discoveries, have eriready dramatically exceeded torecasts. "WeReuter - 204 words
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323 1987-04-25 5 Reuter THE United States has commended Japanese plans to lend up to US$3O billion to Latin American debtor nations, but expressed only cautious optimism on its efforts to open up domestic markets. State Department spokesman Charles Redman said Washington welcomed "loansReuter - 323 words
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495 1987-04-25 5 Bid to keep dollar from falling further Reuter THE US Federal Reserve seems to be putting more pressure on the central banks of West Germany and Japan to cut their interest rates in a bid to keep the dollar from sliding further,Reuter - 495 words
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284 1987-04-25 5 Reuter THE ACCOMMODATIVE monetary stance in Germany, caused by outside pressures, cannot be allowed to determine policy in the long term, Helmut Schlesinger. Bundesbank vice-president said. "In the short term, barely measurable inflationary pressures certainly exist, arising from the rather too generous supply of liquidity overReuter - 284 words
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95 1987-04-25 5 Reuter INDONESIA'S rupiah, devalued by 31 per cent last September, is at a realistic level where it helps to maintain the competitiveness of the country's exports. "We think the exchange rate has been realistic from the point of view of the competitiveness ofReuter - 95 words
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Article226 1987-04-25 5 Reuter INDONESIA'S central bank governor has called on industrialised countries not to demand sacrifices from debtor nations that could hinder economic growth. Arifin Siregar said before leaving Jakarta yesterday to attend next week's meeting of the Asian Development Bank at Osaka in Japan thatReuter - 226 words
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MONEY AND EXCHANGES
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Article644 1987-04-25 5 JUNE Eurodollar opened sharply lower at 92.98 in Singapore yesterday on close scrutiny of the components of the gross national product rise, r The market was quickly :sold off to a low of 92.60 in -thin trading with the US dollar plunging to a record (ow of 138.90 yen.644 words
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Article64 1987-04-25 5 T+HE OVERNIGHT rate on the Singapore interbank market closed 2% point higher at 3 per cent yesterday. The one-month rate shed 3/16 point and two month lost !4. Three month closed unchanged. s$ Interbank rates at 7pm yesterday: OHw OvwmgM 3 2 3/4 1 -mortti 3 >/4 364 words
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Article218 1987-04-25 5 Interbank rates at 3pm yesterday: Local dollar* to •M on* unit of 0*er cro— partly foreign currency: eh""*' US dollor 2.1230 2.1250 2.8196 -24.71 Sterling pound 3.4912 3.4966 7.3469 -52.48 Australian dollar 1.4998 1.5034 3.4286 •56.26 NZ dollar 1.2334 1.2367 3.4286 -64.03 Canadian dollar 1.5914 1.5941 3.4206 -53.48218 words
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Article316 1987-04-25 5 Asian market ASIAN DOLLAR deposit rates closed steady at opening levels yesterday. Period rates firmed between 1/16 and 1/8 point at the outset after lower US bond prices and rises in precious metals and oil prices. Thereafter rates were unchanged. One month closed at 6-13/16 6-11/16 per cent, three months316 words
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Article774 1987-04-25 5 SINGAPORE: The US dollar closed weaker against most major currencies yesterday but rose from the day's lows on late interbank short covering. It fell sharply at mid-morning on heavy selling by Japanese investment trusts, life insurance companies and trading houses. A statement by Japanese Finance Minister Kiichi Miyazawa774 words
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Article, Illustration189 1987-04-25 5 Indicates the average d the prime lending rates of 12 major banks In S'pore Interbank market rates (offer/bid) on April 24 US$ DM SWFC Y«tl 7 doyt 6 7/16 5/16 10 1/16 9 IS/16 3 15/16—13/16 9 —#3/4 4 3/16 1/16 1 IfMh 6 13/16—11/16 9 IS/16—189 words
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Article47 1987-04-25 5 RESULTS OF TENDER held yesterday for 91-day bills to be issued from April 27 to 30: Offered: $200,000,000 Applied for: $380,700,000 Allotted: $200,000,000 Accepted bids: $99 45 and about 53 per cent. Average rate of discount on allotment: 2 175 per cent per annum47 words
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INTERNATIONAL STOCKS
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Article, Illustration362 1987-04-25 6 Reuter IVAN BOESKY, once one of Wall Street's wealthiest stock speculators, pleaded guilty on Thursday to failing to tell the government about a stock deal a move for which he could be jailed for five years. Although Boesky has confessed to making millions ofReuter - 362 words
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Article115 1987-04-25 6 Reuter BANKAMERICA CORP is optimistic of another profitable operations this year. Chairman A W Clausen said: "1987 will witness the bank's return to profitability." He also said the company is continuing its efforts to reduce its cost structure. This year, the company has already reduced its staff byReuter - 115 words
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407 1987-04-25 6 Reuter WALL STREET concluded a very volatile session on Thursday with only a moderate loss as concern about the prospects for inflation and interest rates sent investors scurrying with every tick in bond prices and the dollar. traders said The Dow Jones Industrial AverageReuter - 407 words
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Article177 1987-04-25 6 APR 23 Abitibi C S 35% -1 Inco Int Prov Pipe lu Intl 21% 46% 2454 unch Alcan Alum 54% -H Kerr Addison 2S54 Algoma Stt Bank Nova Scotia Bank Of Montreal Ben Canada Bp Resources 1754 unch -H -54 54 Loblaw Co 14 1854 3454 4154 4254 McMil177 words
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Article201 1987-04-25 6 APR 23 RANO INDUSTRIALS Tongaat Trust Bk Un Steel Wooltru 1180 210 80 1750 5 unch 5 unch A Alpha Abercom 1650 340 -5 -25 MMNOS Anglos 7575 100 Amaprop AMIC Angvaal *****6 -500 6500 -100 Blyvoor 2550 110 Buttels 7175 75 Charter 1700B CNA Cons Gold 5025 25201 words
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Article443 1987-04-25 6 23 US s *b Eastman Kodak Eli Lilly 74% 88% -1% -2% N L Indust 7% 54% -1% -1% Alcan Alumin 40* 47% Engelhard Cp Exxon Cp 25% 88% ♦1% Natl Dist Chem Navistar 67% 6% -1% NCR Corp 70 -1% Allied Sig ...44 2% Fluor Cp FMC443 words
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Article908 1987-04-25 6 Amsterdam APR 23 FU8 ABN 513 SO 5 Aegon 90 so -0 4 Ahold 106 20 unch Akzo 137 60 -0 1 Alrenia 146 00 unch AMEV 63 90 -05 Amro Bank 77 90 -1 Ass Stad 127 50 unch BerneBOLS 152 50 -0 5 Borsumij 150 80908 words
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Page 6 Advertisements
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Advertisement465 1987-04-25 6 I iJBI If i '|8 i I i V >£A K M M If ft 4 Wfc. A 'frJky?/.V.' |i' IYI 'r *1 II fli y j. ILS ,M* w v*r V tot 0 sr* 1 f ';"W" V {f**> «J 1 ili l*L W .A». 4 Jk W .£Sifc465 words
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Advertisement307 1987-04-25 6 London stocks on P«g« 15 Dear Boss, Here are some little reminders from us to you for your dear secretary At Cafe de Prince lunch and dinner buffet of no less than 40 local, western and Muslim favourites: $16. Or let her pick all the fresh fruit and salad she307 words
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ASIAN STOCKS
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Article423 1987-04-25 7 HONGKONG: Stock prices closed lower yesterday in sluggish trading as the market gave up its early gains under selling pressure from local investors and foreign institutions. The Hang Seng Index fell 12.28 to 2,707.61 while the Hong Kong Index lost 7.06 to 1,742.67. Turnover fell to HK5531.92 million. Brokers423 words
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Article283 1987-04-25 7 APR 24 All Sincere Indus NT S 453 -017 Kuochan Dev Lee Chang Yuen Chem Indus 37 30 41 10 0 5 19 Cathay Cons Chang Hwa Bank Cheng Loong Cnia Hsin Cement 55 00 72 50 48 40 40 20 16 40 1 15 0.4 0 6 -02283 words
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Article347 1987-04-25 7 APR 24 Ajinomoto Akai YEN 3650 385 1--120 -18 Mitsub Elec Mitsub Estate Mitsub Heavy Mitsubishi 526 3350 669 1430 -14 -60 20 20 Armada 630 -35 Asahi Cham i Asahi Glass Bank 01 Tokyo 1020 2120 1800 20 10 unch Mitsui Co Mitsui Shipbldg Mitsui Smelting Mitsukoshi 856347 words
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Article78 1987-04-25 7 APR 24 PESOS Marsteei Acoj* Mining Oriental B 003 Phil Overseas 0 0550 0 0025 Anglo Phil Ape* Mining B Philex B 051 001 0 07 unch Picop B Atlas Con B 22 -3 PLOT Baguio Gold 0 005 Basic Petroleum 0 014 unch Seafront 002 Benguet Con B78 words
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Article598 1987-04-25 7 SYDNEY: Strong local and overseas buying in gold stocks yesterday helped pull the Australian share market out of its recent downtrend and key indices closed sharply higher, brokers said. The rush for gold followed a sharp rise in the international bullion price overnight. Bullion rose US$ll.3O to 459.90 an598 words
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Article132 1987-04-25 7 APR 24 Chetl Sugar WON 3100 50 Kai Kangwon Ind Ki| Motor 1306 ***** 1630 -12 -100 -46 Dae im Ind Daewoo Corp Daewoo Heavy Oaishin Securities Dong Ah Phar Dong Suh Slock Dongbu Steel Gold Star Hand Bank Hanil Cement ***** 1016 1290 3650 ***** ***** 2220 1740132 words
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554 1987-04-25 7 Value put at more than 10Ob pesos Reuter ASSETS worth more than 100 billion pesos, seized from deposed Philippine president Ferdinand Marcos and his associates and now held by the Asset Privatisation Trust (APT), are to be sold. But, said APT officials,Reuter - 554 words
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Article150 1987-04-25 7 Reuter BANGKOK: The Stock Exchange of Thailand Index was down 2.07 to 246.79 on a turnover of 1,852,275 shares worth 283.4 million baht. APR 24 BAKT Post Publishing Saha Union 190 210 991 -3 -4 -10 Ayudhya Investment Bangkok Agro-lnd Bangkok Bank 298 90 261 unch unch ■2 SiamReuter - 150 words
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Article67 1987-04-25 7 Reuter INDONESIAN plans for selling some state companies to the private sector are still at an early stage. Central Bank governor Arifin Siregar said key problems involved financing any sale and reconciling the various sizes and activities of the companies. Last month President Suharto appointed a ministerialReuter - 67 words
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Article122 1987-04-25 7 HONGKONG All Industrials Hongkong Index Frtdoy ***** fr-doy *****7 Thursday 2546 5 Thursdoy 1749 73 Week ogo Closed Week 090 Closed NEW YORK Hang Seng Index Fndoy 2707 61 Dow Jones Thursday 27)989 Thursday TTflfl 97 Week ogo Closed Wednesday TTtK 94 Week ogo 2275 99 TOKYO Standard122 words
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Article260 1987-04-25 7 Managers' prices MARA-Rumiputra for April 25 27 First B'putro 641 646 Second B'putro 554 5J9 Singapore Unit Trust Third B'putro 450 455 Th® Commerce 1 09 Fourth B'putro 5 18 523 1 16 Fifth B'putro 324 329 Th# Sov ngs Fuod 093 099 S«*th B'putro 354 359 S260 words
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Page 7 Advertisements
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Advertisement651 1987-04-25 7 %>7 m t .j LS ~*'xT v. @R£ A m i Start of A New Experience Kinta-Mam Delightful Indonesian meals! Our specialties include Charcoal Grilled Seafood, GadoGado. Sate (Satay). spicy Rendangs. Ayam Goreng. Chendol and more! T Tickling your palate with an authentic Indonesian cuisine is only half the experience.651 words
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Advertisement182 1987-04-25 7 ENTERTAINMENT HIGHLIGHTS Otwdaßond the Philippines A sensational band that is sure to pieaae with its fast/ slow numbers, favourite oldies and latest rock. v 3 PHILIP^ TCA The popular V I local soloist. For your sentimental moments. HAPPY HOURS 12 noon Bpm W%! PISCOUNT on bottle rales and premium brands.Ptus'182 words
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FEATURES
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Article513 1987-04-25 8 IN PERIOD costume and period spirit, a British group spent Easter weekend retracing from London the steps of the pilgrims to Canterbury who have been immortalised in The Canterbury Tales, by the medieval English poet Geoffrey Chaucer. The cathedral at Canterbury was the scene of the martyrdom513 words
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Article, Illustration1338 1987-04-25 8 NYT FASHIONABLE Savile Row. the London district known worldwide as the home of the finest men's tailoring, has survived a host of threats over the past century, ranging from the blitz to the leisure suit. Yet today, this citadel of sartorial classicismNYT - 1,338 words
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150 1987-04-25 8 Dear Sir The new Committee of the Singapore Stock Exchange has implemented many improvements to the stock market, and I hope that it will continue to think of ways and means to improve further the trade in securities It is April 1987 now and the150 words
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232 1987-04-25 8 CHAN CHEE PEW - CHAN CHEE PEW Secretary for United Oversea» Bank Trustee Limited Dear Sir We refer to the two letters by CNS (BT, April 4 18) on whether the Trust Deed for the DBS S$ 7!4% Convertible Unsecured Loan Stock 1991 ("Loan Stock") had been232 words
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236 1987-04-25 8 NG KEAT SENG - Letters to the Editor NG KEAT SENG Dear Sir "Victim of Bureaucracy" (BT 4.4.87) is aggrieved because he has suffered additional costs as a result of a reassessment of the property he bought. The reassess- ment had to be made because the previous owner236 words
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Article221 1987-04-25 8 TAN HUP FOI - TAN HUP FOI General Manager Trans-Island Bus Services Ltd Dear Sir I refer to your Stock Watch article on "Trans-Island's Prospects in BT dated April 4, 1987. It contained errors of facts which need to be corrected. 1. Tibs does not have Korean buses in its221 words
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Page 8 Advertisements
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Advertisement73 1987-04-25 8 M onagers ust anage BT shows you how every Monday. CHANGING KEY TO THE > -Mm W f—H i i POSB nwds more IflVfstmfßt opening How can the POSB make better use of its funds? Will private investors take a stake in Sentosa? Why are the Japanese flocking back? What's73 words
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Advertisement45 1987-04-25 8 BT welcome* letters from reader®. Your letters must include your signature, full name, address, and home T and office telephone numbers, if any. You may add a pseudonym, if you wish. Address your letters to: The Editor. Business Times, 390, Kim Seng Road, Singapore 0923.45 words
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Page 8 Miscellaneous
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Miscellaneous835 1987-04-25 8 CRYPTIC PUZZLE ACROSS 8 Catch and put. willy-nil-ly. into care (7) 9 Sentenced, but not rushed off to jail? (5, 4) 13 Go off and drink for about two days (5) 14 Only an advance, you say (5) 15 Be left at home, their having gone off (7) 16 Taking835 words
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Executive Lifestyle
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Article399 1987-04-25 9 LORD LUCAS of Chilworth, the British Parliamentary Under Secretary of State, visited Singapore this week because, he kept saying, "I thought it was a jolly good idea to come here to take a look at Singapore." Lord Lucas proved to be equally jolly. He entered the399 words
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Article258 1987-04-25 9 TRENDS -J FOR A WHILE, pot bellies wers on tho run. Tho wise guys at the health spas started passing tho word that tho last tew pot bollios in tho suburbs had boon sighted and woro about to bo oradlcatod. Decent herd-working mon who258 words
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Article, Illustration766 1987-04-25 9 MARTIN SOONG - With MARTIN SOONG TEN YEARS AGO, a petite American girl spent a year in Japan patting enough white makeup on her cheeks to make the Black and White Minstrels look plain. She was the first Caucasian or, for that matter, non-Japanese ever to join the ranks766 words
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Article, Illustration1280 1987-04-25 9 WALTON MORAIS - By WALTON MORAIS I HEARD IT through the grapevine that Club Med can be described in three words. Sex. Sun. Single. Nobody, however, remembered to mention that the grapevine is several years old. Visions of swinging singles lazing in the sun or hanging around1,280 words
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Executive Lifestyle: Entertainment & Pursuits
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Article, Illustration663 1987-04-25 10 LINDA CHEE - COLLECTING By LINDA CHEE ANTIQUE MAPS are a joy to the wandering eye. lined with details of a bygone age when the world appeared a little bit different. And all the more rare when produced by non-traditional mapmakers in Europe. The latest exhibition and663 words
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Article, Illustration914 1987-04-25 10 RICHARD SEAH - HEALTH By RICHARD SEAH SINGAPOREANS are crunching away, by the tonne, at the guava a fruit that used to be considered too hard, bland, and expensive. A generous dash of plum powder changed all that. Indeed, the fruit has become so popular these914 words
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Executive Lifestyle: Entertainment & the Arts
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Article, Illustration424 1987-04-25 11 Jaime Lye - CINEMA -by Jaime Lye LUCK is an incredibly strange concept. How else do you explain the transformation of a blue-collar hick from Down Under who goes on American TV, convinces viewers that the tradition of the backyard barbecue is actually an424 words
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Article, Illustration505 1987-04-25 11 Jaime Lye - -by Jaime Lye DANNY AND DEBBIE are singles in Chicago. That means, the rules of the game are no commitment; fall into bed on the first date after the old double headphone manoeuvre; mutter "thank you that was nice yes I'm on the505 words
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Article, Illustration918 1987-04-25 11 BRIAN MILLER - NIGHTSPOTS By BRIAN MILLER THERE THEY WERE three girls in colourful grass skirts or was it raffia set low on their hips and doing things with their fingers while a steel guitar made music in the background. Showing a whole lot of navel and918 words
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Article, Illustration716 1987-04-25 11 JAIME LYE - STAGE By JAIME LYE GOOD THEATRE has no colour, really. Call it a cliche, whatever. When a play moves you, when the energy of the actors breaks through all barriers and hits you square in the face, when something initially alien turns out to be as familiar716 words
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285 1987-04-25 11 SHORT TAKES "FLATTERING WOMEN," as he said so himself, is designer Bruce Oldfield's business. And so they did, considering the approval his recent exhibition won from the group of 300 odd women who attended his Wednesday lunchtime show at the York Hotel. His285 words
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Article, Illustration388 1987-04-25 11 WALTON MORAIS - By WALTON MORAIS SUICIDE, they say. is a statement. After failing to communicate in life, sometimes a person takes his own life and hopes that death passes on a message. But what is the message? That is the question facing Jessie388 words
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Article810 1987-04-25 11 Sakina Dhilawala - compiled by Sakina Dhilawala CINEMA: No Retreat No Surrender— starring Kurt McKinney and Jean-Claude Van Damme. Showing at Cathay: 11; 1.30; 4; 6.30; 9 15. The Destroyer» starring Richard Hill and Katt Shea. Showing at Capitol: 11; 1.45; 4; 6 30; 9.15 and Changi: 11, 1.15; 3 30; 7;810 words
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Executive Lifestyle: Sports
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Article, Illustration281 1987-04-25 12 CYCLING AP THE FATHER of cycling champion Greg Lemond has said that his son, wounded in a hunting accident this week, will not defend his title in the 24-day Tour de France this summer. "The Tour de France is out of theAP - 281 words
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Article, Illustration784 1987-04-25 12 MIKE THUMBA - BRIDGE By MIKE THUMBA LESSON 8: SLAM BIDDING Bidding, as we have mentioned before, is an intricate way of estimating or appraising a hand. Hence, if the partnership has 26 points, you can bid 3NT and when you have 28 or 29 points,784 words
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Article, Illustration681 1987-04-25 12 Brian Miller - BT's Derby quartet: Chinese Wall-Chollimah-Nostradamus-Feu Vert uiiMt IlilU. with Brian Miller A YEAR AGO, almost to the day, Chinese Wall galloped away to a handsome win in the Perak Derby. Six months later, and backed down to short odds, he ran a long second681 words
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378 1987-04-25 12 UPI WAR was declared winner of Keeneland's U*****,900 Blue Grass Stakes on Thursday when Alysheba was disqualified for interference in the stretch and placed third. Alysheba, the 4-5 favourite, crossed the finish line in the Kentucky Derby prep race a head in front of WarUPI - 378 words
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Article, Illustration205 1987-04-25 12 TENNIS Reuter SEVENTH SEED Rafaella Reggi was pushed to a third set tiebreak on Thursday, while fifth seed Gabriela Sabatini breezed through her match to advance to the quarter-finals of the US$l5O,OOO Houston women's tennis championship. Sabatini, 16, dropped just one game in her 6-1, 6-0Reuter - 205 words
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Article82 1987-04-25 12 Reuter FORMER title-holder Mats Wilander and Ecuador's Andres Gomez dodged the jinx on leading seeds on Thursday and reached the haven of the Monte Carlo Open quarter-finals. Wilander and Gomez, the only second-round survivors among the top six seeds, negoti- ated the third round atReuter - 82 words
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298 1987-04-25 12 BASKETBALL UPI MICHAEL JORDAN scored 63 points in a play-off game last year and the Chicago Bulls still lost. With that in mind, Jordan says he will pass more this post-season The Bulls realise the importance of hitting some baskets to take pressure offUPI - 298 words
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587 1987-04-25 12 WALTON MORAIS - By WALTON MORAIS AS THE SPONSORS announced live television coverage for the finals and workmen put the finishing touches to the centre court stands at the Kallang Tennis Centre, Singapore got ready again for world championship tennis. The Carlsberg Singapore Women's Open serves587 words
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Article, Illustration256 1987-04-25 12 GOLF AP ED FIORI and his house guest, Dave Barr, tamed the Woodlands Country Club fairways and greens with six-under par 66s to share the first-round lead in the US$6OO,OOO Houston Open on Thursday. The co-leaders held a twoshot lead over four other golfersAP - 256 words
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Executive Lifestyle: Personal Investment
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Article, Illustration796 1987-04-25 13 FINANCE WORLD financial markets and trading systems are in for some turbulent times, and investors ought to fasten their seat belts but still keep a sharp lookout for investment opportunities. According to Roland Leuschel. institutional investment adviser and chief economist for Bank796 words
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Article608 1987-04-25 13 ROSIE TAN - SHARES BECinnEFTS, coRnBRm By ROSIE TAN AS THE proud owner of new share issues in companies like Avimo Singapore Ltd, Trans-ls-land Bus Services Ltd or Parkway Holdings Ltd, you must have, quite naturally, been checking with your brokers or fellow stags on the latest buying608 words
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Article331 1987-04-25 13 ART Sotheby's Research Department FOLLOWING a hectic period of spring business, salesroom activity slowed dramatically ahead of the Easter break. Insofar as it is relevant to draw any overall conclusions from the level of activity this year, one of the most noticeable features of the marketSotheby's Research Department - 331 words
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1455 1987-04-25 13 RAMESH CHANDIRAMANI - INVESTMENT By RAMESH CHANDIRAMANI ALTHOUGH THE lightning recovery and doubling in local stock values during the past year may cause some hearts to skip a beat, it is not only fully justified, but investors can also look forward to1,455 words
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58 1987-04-25 13 AS HOT AS the Avimo Singapore Ltd issue has turned out to be, it has posed a few problems too Questions have been raised about our assessment of the company's growth prospects. It was stated in last week s Stock Watch that58 words
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Article167 1987-04-25 13 20 to 25 per cent growth in sales and profits during the coming few years' That was an independent estimate made by us (not found in Avimo's public issue prospectus) after due inspection and assessment of the company's past track record, industry trends, growth opportunities and its current167 words
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Article, Illustration415 1987-04-25 13 Ramesh Chandiramani - eaaa? pltara By Ramesh Chandiramani WHEN BULL MARKETS start, they usually are led by the bigger and better quality blue-chip names This is followed by the second- and third-tier issues Even among the latter category, there will be the early winners and laggards,415 words
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Page 9 Advertisements
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Advertisement82 1987-04-25 9 The Hour Glass Singapore's premier watch boutique with the largest range of watches in 5 convenient locations When you shop at The Hour Glass you shop with confidence. You're assured of the absolute authenticity of every timepiece you buy, of professional advice, competitive prices, international guarantees and after-sales care. m,82 words
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Page 10 Miscellaneous
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Miscellaneous2758 1987-04-25 10 Simply tedious, tepid and terrifying TODAY: Dennis O Keefe plays a young soldier on a two-day shore leave to get married, but his honeymoon is continually interrupted by his conman father who's in the middle of a crooked scheme in HI Diddle Diddle (8.30 pm, Channel 12). A district attorney2,758 words
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Page 13 Advertisements
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Advertisement28 1987-04-25 13 BT welcomes investment ideas and viewpoints from brokers, bankers and other readers. Address all correspondence to: The Editor, Personal Investment, Business Times, 390 Kim Seng Road, S'pore 0923.28 words
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SHARE INFORMATION
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Article, Illustration4424 1987-04-25 14 TRADING activity on the Singapore stock market slowed down a little yesterday as investors took a cautious stance ahead of the Umno election results. Still, selected stocks continued to rise. Volume fell slightly to 58.39 million shares worth $105.77 million from the4,424 words
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Article227 1987-04-25 14 SINGAPORE Rises Indices D Koromot 600 55 23 A f r 24 Sim Lim 181 24 ,T 1015-«2 1013.71 SPM 80S 20 WO*/** 343 2 1 CV»tx» 50« 575 20 ,T 04 3 lota 330 30 "lO-boyMA -6220 -6191 torhmam 720 ?5 ,T ,V ******6 *****9 1227 words
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Article4815 1987-04-25 14 BID and offer prices officially listed and business in and reported to me Stock Exchange of Singapore yesterday with the number of shares traded shown in brackets in lots of 1.000 units unless otherwise specified All Time Settlement Contracts are quoted after the word "SETT".4,815 words
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Page 14 Advertisements
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Advertisement24 1987-04-25 14 See Page 15 KL market report, Business done on the SES and KLSE, Page 15 Unit Trust and Selected Indices tables on Page 724 words
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COMPANY NEWS
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183 1987-04-25 15 ONLY A FEW WEEKS after applying for a licence to start a stockbroking firm in Hongkong, DBS Securities Singapore has received all the necessary approvals from the colony's authorities DBS Bank's fully-owned subsidiary, DBS Securities Holding Pte Ltd, has acquired a183 words
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Article53 1987-04-25 15 Bernama ES UNIVERSAL CABLE (M) Bhd has appointed a team of consultants to help rationalise its operations in the light of difficulties in the cable manufacturing industry. The team consists of a technical adviser, accounting and finance professionals and "turn around" experts led by the ChaseBernama ES - 53 words
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468 1987-04-25 15 CONTINUED buying yesterday pushed share prices on the Kuala Lumpur stock market higher for the fourth consecutive day. However, early gains were trimmed by late profit-taking. Early sentiment was buoyant as dabblers went about business and paid no heed to the468 words
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Article837 1987-04-25 15 LONDON share prices tended firmer in early dealings yesterday, the last day of the long threeweek account after hints in Parliament by Prime Minister Margaret Thatcher that a general election could be held very soon. At 1100 am, the FTSE 100 Index was up 26.3 points to 1,994.6837 words
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198 1987-04-25 15 AMY CHEOK - By AMY CHEOK THE EVERGO Industrial Enterprise group has disposed of more shares in United Industrial Corporation, a Singapore-listed company which it recently bought into. Evergo's 20 per cent owned China Entertainment and Land Investment said in a statement issued in Hongkong yesterday that198 words
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Article, Illustration489 1987-04-25 15 ALVIN TAY - By ALVIN TAY THE OVERSEA-CHINESE Banking Corp group has dangled an •nticing carrot in the form of a personal accident insurance coverage to attract investors to subscribe to its first unit trust. The unit trust, called Savers Capital Fund, will be launched on Monday.489 words
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637 1987-04-25 15 Reuter THE INTERNATIONAL banker son of a former prime minister has joined a successful lawyer and two of Australia's most powerful businessmen to launch an ambitious new investment bank. Nick Whitlam, managing director of the New South Wales State Bank, and Malcolm Turnbull, theReuter - 637 words
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Article3206 1987-04-25 15 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. INDUSTRIALS Aono *****1 Ajinomoto (—I Alex Hldg Alcom (82SI (Id3,206 words
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Page 15 Advertisements
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Advertisement718 1987-04-25 15 SUTHERLAND CORPORATION PRIVATE LIMitEO (In Members' Voluntary Liquidation) NOTICE OF FINAL GENERAL MEETING (Pursuant to Section 308(1)) NOTICE IS HEREBY GIVEN in pursuance to Section 308(1) of the Companies Act. Cap. 185, that a general meeting of the above named company will be held at 9 Penang Road #12-00 Supreme718 words
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Advertisement275 1987-04-25 15 NOTICES IN THE MATTER OF THE COMPANIES ACT, CAP. 185 AND IN THE MATTER OF MENG KEE CEMENT PRODUCTS PTE LTD (Incorporated In ttw Republic of Singapore) At an Extraordinary General Meeting of the members of Meng Kee Cement Products Pte Ltd duly convened and held at 5001, Beach Road275 words
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Advertisement263 1987-04-25 15 In the Matter of THE COMPANIES ACT, CAP. 185. And In the Matter of VITA FURNITURE (PTE.) LTD. At an Extraordinary General Meeting of VITA FURNITURE (PTE.) LTD., duly convened and held at 100, Jalan Saltan, #07-00, Sultan Plaza, Singapore 0719. on the 18th April 1987 the Special Resolution set263 words
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Article, Illustration460 1987-04-25 16 LEE HAN SHIH - By LEE HAN SHIH CONTRACTORS yesterday greeted with mixed feelings a decision by the Housing and Development Board to award a building job, with an estimated value of $130 million, to a single company. They were reacting to an advertisement placed460 words
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500 1987-04-25 16 LOH HUI YIN - By LOH HUI YIN SINGAPORE'S economy is likely to attain a growth of 4 to 4.5 per cent this year, compared with the 5 per cent projected by the Asian Development Bank. The more cautious forecast was made yesterday by Mr J500 words
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354 1987-04-25 16 SINGAPORE sold a record $1,244 million worth of goods to China last year, a dramatic jump of 70 per cent against the more moderate 40 per cent rise chalked up in 1985. The composition of exports also changed to sales of more machinery354 words
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205 1987-04-25 16 EMPORIUM Holdings gained a reprieve from its creditors yesterday when 18 winding-up petitions against several companies in the retail group were adjourned in the High Court. The hearings were postponed to Aug 7, pending the outcome of a scheme of arrangement put forward by Emporium,205 words
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432 1987-04-25 16 Some major changes in planning policy likely A UNIVERSITY professor with strong ideas on urban planning has been appointed to take over the chairmanship of the Urban Redevelopment Authority on May 1. Contacted at the National University of Singapore (NUS) yesterday, Associate432 words
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458 1987-04-25 16 Reuter PRESIDENT Suharto's ruling Golkar Party yesterday won more than 72 per cent of the vote in Indonesia's elections, amid allegations that some voters were intimidated before polling. The official Antara news agency quoted Suryadi, chairman of the IndonesianReuter - 458 words
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191 1987-04-25 16 AFP SOUTH KOREAN banks are hopelessly over-regulated and the authorities are giving them little or no room to manoeuvre, according to a comprehensive report by an international bank monitoring agency in Hongkong. The 35-page report says government interference in bank lending hasAFP - 191 words
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Article, Illustration499 1987-04-25 16 BRIAN GOMEZ - By BRIAN GOMEZ MALAYSIA would have enjoyed high growth rates if the government policy had not been to promote equal distribution of wealth among the various races, Prime Minister Dr Mahathir Mohamad said yesterday. "If we are prepared to do away with the499 words
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Article108 1987-04-25 16 AFTER several nominations, squash star Zainal Abidin finally gained the Sportsman of the Year award yesterday. There was no Sportswoman of the Year awardee. The 29-year-old squash star clinched the 1986 accolade for a splendid year which saw him win all the local squash titles, the108 words
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156 1987-04-25 16 AP JAPANESE small- and me-dium-sized companies must move quickly to combat threats posed by the rising yen and competition from newly industrialised countries (NICs). the government said in a white paper released yesterday. In a review of fiscal 1986. which ended march 31,AP - 156 words
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Article85 1987-04-25 16 Reuter COMEX SILVER FUTURES soared by the limit of 50 cents yesterday for the second day running on general buying fanned by concern over a possible near-term supply shortage following Peru's suspension of silver exports. The May delivery increased bv the 50-cent limit to U559,045 an ounce. TheReuter - 85 words
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74 1987-04-25 16 THE US House of Representatives yesterday approved measures that could force President Reagan to comply with the 1979 Strategic Arms Limitation Treaty (Salt-2) and impose a nuclear test ban. The vote of 208 to 178 early yesterday showed the intention of Congress to take74 words
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LATE FILE
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77 1987-04-25 16 Reuter SIX more Japanese firms seem ready to extend credit and other aid to Vietnam despite protests from Southeast Asia that such help gives the wrong political signal to Hanoi, Thailand said yesterday. A Thai foreign ministry spokesman named the companies a day afterReuter - 77 words
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Article37 1987-04-25 16 UPI THE Japanese government moved yesterday to come up with a shopping list of trade concessions to the US before Prime Minister Yasuhiro Nakasone, weakened by a political debacle, visits Washington next week.UPI - 37 words
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Article33 1987-04-25 16 Reuter NEW ZEALAND said yesterday it was expelling a senior Soviet diplomat, counsellor Sergei Budnik, because he had been identified as an officer of the KGB secret service. ReuterReuter - 33 words
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45 1987-04-25 16 Reuter US CONSUMER prices jumped 0.4 per cent in March, the third sharp rise in three months that £rought the annual inflation rate to 6.2 per cent so far this year, the US Department of Labor reported yesterday.Reuter - 45 words
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39 1987-04-25 16 Reuter U S Commerce Secretary Malcolm Baldrige and his Chinese counterpart yesterday signed five new agreements that diplomats said will help pave the way for the further transfer of American technology to China.Reuter - 39 words
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Article37 1987-04-25 16 Reuters PRESIDENT Corazon Aquino yesterday called for the formation of a "people power" army of trained citizens to confront leftist rebels and right-wing groups seeking to grab power in the Philippines. ReutersReuters - 37 words
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Article36 1987-04-25 16 AFP JAPAN'S car production in fiscal 1986, which ended March 31 this year, dropped 1.2 per cent from the previous fiscal year to 12,268,662 vehicles, an industry association said yesterday. AFPAFP - 36 words
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43 1987-04-25 16 SOVIET industrial production in the first three months of 1987 grew by 2.5 per cent compared with the first quarter of last year, but fell short of its target by 0.8 per cent, official statistics showed yesterday.43 words
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Article32 1987-04-25 16 AP A SOUTH AFRICAN provincial supreme court yesterday overturned extensive press restrictions on reporting unrest and security force actions that President PW Botha had imposed last December. APAP - 32 words
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Page 16 Advertisements
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Advertisement8 1987-04-25 16 ADVERTISEMENT mxiN6r mxr m&mof, T/MES 15 Re£&MANTwriM \t&68 words
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Page 16 Miscellaneous
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Miscellaneous53 1987-04-25 16 Outlook: Showers expected In many areas In the morning and afternoon. Report for 24 hours prior to 7.30pm on April 24 at the airport Maximum temperature 33.4 Aaaociated humidity 61 Minimum temperature 25.3 Aaaociated humidity 97 Hours of sunshine 7.40 Rainfall In millimetres Trace Rainfall thla month 71.4 Rainy daye53 words
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