The Business Times, 22 August 1987

Microfilm: NL15925
Total Pages: 16
1 16 The Business Times
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  • Title Section
    Masthead
    12 1 BUSINESS TIMES MCI (P) 112/12/86 Weekend Edition, August 22-23 1987 75 CENTS
    12 words
  • Article, Illustration
    FINANCIAL NEWS SUMMARY
    197 1 Exchange rates THE S$ weakened against most major currencies on the forex market yesterday. It closed lower against the US$ at $2.1095/2.1105 ($2.1045/55) in thin trading. The Sing also fell against the HK$, M$. DM and yen. US$: 143.35/45 yen, 1.8275/85 DM, S$2.1085/95 US$1.6190/6200 M$s S$0.8347/55 Overseas
    197 words
  • Article
    Lock icon No Cambodian peace talks without Asean support: Mochtar
    128 1 Reuter INDONESIA said yesterday it would not try to arrange Cambodian peace talks without support from other Asean members. Foreign Minister Mochtar Kusumaatmadja said in Jakarta that Indonesia would not by itself pursue a talks proposal agreed on with Vietnam when he
    Reuter  -  128 words
  • Article, Illustration
    Lock icon Fresh graduates paid lower starting salaries last year
    592 1  -  More than half found work in the private sector By FOO CHOY PENG, Chief Reporter THE JOB MARKET for fresh Singapore graduates last year was less rosy than the year before. Most started at lower salaries as their ranks swelled and job
    Source: 1986 Graduate Employment Survey  -  592 words
  • Article
    Blackout in financial district stops afternoon trading
    284 1  -  By LEONG WEN WAH A DAMAGED cable yesterday caused the first major blackout in the financial district since Dec 1984, halting trading at the stock market. The blackout, which the Public Utilities Board said was due to a 22kV cable being damaged by
    284 words
  • Article, Illustration
    ST index gains six points
    231 1 TRADING on the Singapore stock market was disrupted yesterday because of a power failure which affected parts of the Central Business District. As a result of the blackout, which happened shortly after the mid-day market break and lasted until 4.30pm, there was no afternoon trading.
    231 words
  • Article
    Lock icon M'sian property market recovering
    253 1 Bernama ES MALAYSIA'S depressed property market has shown signs of recovery following interest by foreign investors in buying industrial sites, according to the president of Asia Pacific Real Estates Federation (Apref), Datuk Abdul Rahim Rahman. Datuk Rahman said in Kuala Lumpur that rentals for office space
    Bernama ES  -  253 words
  • Article
    Lock icon US posts moderate economic growth
    144 1 AFP THE US ECONOMY grew at a moderate annual rate of 2.3 per cent in the second quarter of this year, slightly lower than previously thought because of the widening of the country's trade deficit in June, the Commerce Department reported yesterday. It said that
    AFP  -  144 words
  • Page 1 Advertisements
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      Page 1 Advertisements Column 1
      255 1 Nikon THE WORLD'S FINEST PHOTOGRAPHIC SYSTEM Full report, Pag* 14 World markets, Page 6 A 7 \nmrn. SINGAPORE'S general insurance industry ytsttrday took a major step towards self-regulation when It launched the Insurance Ombudsman Committee. HOME NEWS, Page 2 PRESIDENT Chun Doo-Hwon has expressed confidence that agreement will be reached
      255 words
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      Page 1 Advertisements Column 2
      3 1 Sh Back Pag«
      3 words
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      Page 1 Advertisements Column 3
      79 1 Nikon THE WORLD'S FINEST PHOTOGRAPHIC SYSTEM r M Shandy's sitters Page 9 Nrtanl TpM A fall from grace Pag* Do we really need isotonic drinks? Page 10 TV programmes for today and tomorrow Page 10 Good to look at but a bit empty inside Page 10 For the passionate eaters
      79 words
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  • HOME NEWS
    • Article
      Independent body formed to settle insurance disputes
      461 2  -  By SOH TIANG KENG, Financial Correspondent SINGAPORE'S general insurance industry yesterday took a major step towards self-regulation when it launched the Insurance Ombudsman Committee an independent and impartial body to settle disputes between poli-cy-holders and insurers. The six-member committee will initially deal only
      461 words
    • Article
      The 'football referee' joins insurance game
      313 2 THE Insurance Ombudsman Committee, launched yesterday, will act like a "football referee" to settle disputes as an alternative to the courts between policy-holders and insurance companies. A brochure produced by the General Insurance Association of Singapore (GIA) says the committee "is an independent body
      313 words
    • Article
      PSC picks six scholars
      118 2 THE PUBLIC SERVICE Commission has selected six President's Scholars for this year. They are Miss Marion Margaret Chia Hui-Yong, of National Junior College; Miss Gin Karolyn Hoey Kum Hoong. Mr Spencer Phua Choon Kiat, and Miss Sharon Anne Snodgrass of Hwa Chong Junior College; Mr Low
      118 words
    • Article
      CPF re-appoints three members
      103 2 three members THREE MEMBERS of the Central Provident Fund Board have been re-appointed for another three years. They are Mr Wong Hung Khim and Mr Liu Thai Ker (from Sep 24. 1967 to Sep 23, 1990) and Dr Tan Kong Yam from Oct 1. 1987 to
      103 words
    • Article
      CPF-approved unit trusts attract $30m in just 10 days
      338 2  -  By GENEVIEVE CUA ABOUT $30 million has already been withdrawn from the Central Provident Fund for investment in the unit trusts of the Big Four local banks. This compares with the $25.2 million worth of CPF funds which found their way
      338 words
    • Article
      Lambsdorff on market integration
      232 2 ASEAN could attract more foreign investors if it works towards greater cooperation and integration of the individual markets, said Count Otto Graf Lambsdorff, the former West German Minister of Economics. He told a press conference yesterday that "if you are an investor your primary concern is
      232 words
    • Article
      SHIPS IN PORT
      1303 2 AT CQNVENTI DNAL WMA RVES Thong Ioi flC 2206/1500 >4 *****0 BmrV wm WHARVES AMamn, K2I Ana« U4 Ano» Quoan KI7 SotMor K32 ton Wond K20 ff Ow KIS Proftmonrto K17 K°*ang KM Kola Magoh KM ®"g r** K2» S" Ho*. K24E Towrcowj 009 Wok Fo, K3S
      1,303 words
  • Page 2 Advertisements
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      Page 2 Advertisements Column 1
      187 2 THE SINGAPOREAN NEWS FOR SINGAPOREANS OVERSEAS at a 7% WEEKLY OVERSEAS EDITION g*****83Z82E3E SEE ki* The Straits Times Overseas Weekly. It's the new weekly newspaper, printed on lightweight paper in convenient tabloid size. It will carry business, economic, political and general news on Singapore as well as investment news and
      187 words
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  • ASIA-PACIFIC
    • Article
      Lock icon US, Canada unwittingly boost India's atomic bomb potential
      367 3 Reuter THE US and Canada are boosting India's atomic weapon potential by failing to enforce controls on nuclear exports, according to a study in the American Journal of International Law published on Thursday. The report by University of Wisconsin law profesaor Gary
      Reuter  -  367 words
    • Article
      Lock icon Chun warns of leftist threat to reforms
      456 3 AP PRESIDENT Chun Doo-Hwan has axpressed confidence that agreement will be reached on constitutional changes to give South Korea its first peaceful transfer of power. At the same time, he warned against what he called a leftist threat. Appearing on national television, Mr
      AP  -  456 words
    • Article
      Lock icon Japan's economy recovering
      157 3 AFP THE JAPANESE economy has recovered from a recession dating back to June 1965 due to the yen's appreciation and ia now on an upward course, a government economic report reteaaed yesterday aaid. The Economic Planning Agency (EPA), in a monthly economic report submitted to the Cabinet
      AFP  -  157 words
    • Article
      Lock icon Thai software piracy worries Americans
      129 3 AP THE US COMPUTER industry is pressing Thailand for greater protection from piracy of software. "Thailand should follow all other nations in the region (South) Korea. Singapore, Malaysia and Indonesia in granting copyright protection to softwars," said Mr Oliver Smoot. acting president of the American
      AP  -  129 words
    • Article
      Lock icon Tokyo denies spying charges
      276 3 AP JAPANESE Prime Minister Yaauhiro Nakasone and other Japaneee officiate yesterday denied that a Japanese diplomat ordered out of the USSR had been involved in espionage, and hoped the incident would not hurt Japanese-Soviet ties. In the first Soviet expulsion of a Japanese diplomat since World
      AP  -  276 words
    • Article
      Lock icon Fiji wants to retain British links
      185 3 Reuter FIJI'S political framework should be changed without severing the island nation's links with the British Crown, according to an official report released yesterday. The report, by a constitutional review committee set up by Gover-nor-General Ratu Sir Penaia Ganilau, said it found little support
      Reuter  -  185 words
    • Article
      DAILY AIRCRAFT MOVEMENTS
      659 3 ARRIVALS Operator SU SU Al SV THAI CPA KLM MAS CIA MAS GIA THAI SU CAAC Al SU UTA SU SU SU SU GU GU JAL SU PAL SU MAS SAS SU MT SU MAS SU CAL JAL QAL SU CPA MAS Oft. THAI THAI SU SU
      659 words
  • Page 3 Advertisements
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      Page 3 Advertisements Column 1
      601 3 FI V \l llf \f\ If I Iff The business person's choice, every I I II I II I Tuesd °y. Thursdoy, Saturdoy ond I fI x 1 /I \l I 1 Sundoy. Leoving Changi Airport at -L 22:05 hours and orriving at Lester B. Rsarson International Airport the following
      601 words
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  • REST OF THE WORLD
    • Article
      Lock icon Botha acknowledges faults in S African apartheid laws
      382 4 Reuter SOUTH AFRICAN President PW Botha has acknowledged faults in key apartheid laws which decree that each race must have its own residential areas and public amenities. Mr Botha told Indian Members of Parliament on Thursday that the Separate Amenities Act, under
      Reuter  -  382 words
    • Article
      Lock icon French wine esrning less
      54 4 Reuter FRANCE is exporting more wine, but making less money from it this year, according to the Wine Spirits Exporters' Association. Foreigners are getting into the act, and they are now challenging French vineyards not only for cheap types but also for the highest-quality wines, the
      Reuter  -  54 words
    • Article
      Manhattan may implement CBD charges
      183 4 A PLAN to charge drivers up to US$lO a day to bring their car into Manhattan in tha morning could be in effect by the end of next year, a City Transportation official said. "We have to start thinking fewer vehicles," City Transportation first deputy
      183 words
    • Article
      Lock icon EC business survey forecasts slow growth
      238 4 AP ECONOMIC growth in the 12-nation European Community will be "no more than slight" for the remainder of 1987, according to latest EC business and consumer surveys. Results of the studies, the EC Executive Commission said on Thursday, show that economic growth will be
      AP  -  238 words
    • Article
      Lock icon Gorbachev calls for openness
      241 4 Reuter SOVIET leader Mikhail Gorbachev. in a message to an international seminar on nuclear war. called on the world's scientists on Thursday to join in peaceful research as a way of achieving a new opennee». "The Soviet Union consistently proceeds from the conviction that the world
      Reuter  -  241 words
    • Article
      Lock icon UK's current account deficit at nearly £1b
      342 4 Reuter BRITAIN'S 1966 current account was in deficit by nearly £1 billion rather than the £120 million deficit calculated in June, an annual update from the Central Statistical Office (CSO) showed. Its latest balance of payments calculations put the visible trade shortfall at
      Reuter  -  342 words
  • COMMODITIES
    • Article
      Precious Metals
      211 4 HONGKONG: GOLD yesterday closed at U*****.20/60 an ounce against an early 456.70/457.20 and was below New York's 453.50/454.00 dose. On the local market, gold finished HKSI9 lower at $4,231 a tael. Coins were generally lower with Krugerrand losing HK$2O to $3,550. while both Maple Leaf and Australian Nugget
      211 words
    • Article
      Oil and Products
      75 4 NAPHTHA and gas oil firmed slightly in the East-Asian petroleum products spot. Market with traders beginning to talk of a rebound most crude oil grades continued weak. USS/hud Oil 0»M (Out Wart !..m 17.00 -OjOJ WTI (Oct) 1*^0 •aot Products (FOB S'pof*) Mr».in Goto* Low 22.40 xus
      75 words
    • Article
      Lock icon KL Tin
      92 4 Reuter THE KUALA LUMTUII On market price yesterday rose seven cents to deee at MSl6.7* per kg In >ne with a firmer European spot tin market, dsalars said. Trading was moderals wim lurrwftr i dm tonnes egetnet Thursday's 152. Rationing of 15 per cent was noted. Sustained Jepaneee
      Reuter  -  92 words
    • Article
      Lock icon Rubber
      182 4 Reuter SINGAPORE THE MARKET yesterday closed weaker with September One RSS buyers quoted at 215.75 cents/kilo, down 0.76 cents from Thursday. Trading on the TSR-20 market was thin the whole day but prices turned slightly easier in afternoon trading on some selling of nearbys, after holding steady during the
      Reuter  -  182 words
    • Article
      RAS and MRELB
      278 4 RAS prices msc •nta/teg, FOB In bUM 1 NOON CLOSE Ivyors Sellers ftvyofs jwen tnf 1 KSS Prompt 218.50 219 JON 217.00 218.00N bit 1 RSS Sop 87 217.00 217 JO 215.75 216.25 bit 1 RSS Oct 217J0 218.00 216.25 216^5 bit 2 RSS Of 215.00 217.00N
      278 words
    • Article
      SSR and SMR
      81 4 (cann/kg, 1-»on poll*!*) SEPTEMBER 87 OCTOftER 87 (currant month) (forward month) NOON NOON RAS luyrl lvy«n S*(tn SSI 20 SSI SO 194.50 196.50N 194 JO 194 JON ***** 194.00N 193.00 194O0N MRELB ■vy«n S«H*n Ivirtrt S«tt*rt SMI CV SMI I SMI S 265.50 247.50N 244.50 2 68.SON
      81 words
    • Article
      Produce Prices
      280 4 Chinese Produce Sabok tomom 3.175 Exchange Kuala Solangor ftotu Fahat 3,150 S#M#rt' noon dodnQ pHc AuguM 21 (S$/100 kg) on EST 3,925 FOt 3,975 Coconut oil Coffee (MS/iookg) tuft FOt 95.00 No 1 69S.00/717.00 OM dram KM 105.00 No 2 671.00/691.00 Now drum FOt 1094)0 Copra Bangkok Oodng
      280 words
    • Article
      London Markets
      331 4 London Oilt (USS/tonno) Commodity Exchange Polm oil M'lion crudo OF UK/Rotterdam No* 320dr (320»ir) ■uyor/aooor cm Aug 20 (£/ton Froviou* doting pnctj on no union ipodfiod). M'lion/Sumati on crudo I prtcoi In OF UK/Rottordam pmrtlmlt Sop 315pd Con— ftaiH In-(tor* U OF London Oct Nov 312.5/317.5pd 320/322pd mdflo,
      331 words
    • Article
      Palm Oil
      451 4 Crmĕ» paha oM Maras y—itarday doaad marginally stead tar at tha KLCE on a aharpty highar turnovar of 714 krts from 383 lots prsviously. Among tha. acttva mark at participants yaatarday wara Maifca Commoditiaa Sdn Bhd and Fuji Malaysia who togathar aocounlsd for afmoat half of tha turnovar.
      451 words
    • Article
      Lock icon Soybean
      194 4 Reuter SOYBEAN FUTURES on the Chicago Board of Trade on Thursday closed mostly lower with prices 4-1/4 cents to one cent lower per bushel. The August contract expired 4-1/4 cents lower at midday at U555.36. November ended 1-1/2 cents lower at US$5 07-3/4. August was pressured by some late
      Reuter  -  194 words
    • Article
      Lock icon Wheat
      208 4 Reuter WHEAT FUTURES on the Chicago Board of Trade on Thursday ctoeed on or near sssalon lowa wMh prices off four to 1-1/2 cents per buehei. December settled 3-1/2 cents lower at USS2J6. Prices eeeed further on mainly commercial selling at the cloee, traders said. Soma early profit-taking amid
      Reuter  -  208 words
  • Page 4 Miscellaneous
    • Miscellaneous
      Page 4 Miscellaneous Column 1
      47 4 f rT IS WRIT LARGS, SOM tHHERE- *IN THECVSPOF CONVERGING AGES, ONE BUNONG, HOLY MOMENT \OFTRANSCENPENCS BY GARRY TRUDEAU SHALL TRANSFORM TUG ZEITGEIST WITH PERFECT SYNCHRONICS, INTO THE PURE, INEFFABLE EXPRESSION OF NPMSIBtG... OH, RIGHT! YOU SOME SORT PEREEXPECT- /xojuST OrjUNSc-T MIGHT* VE OFTHATf BEEN NICE. m
      47 words
    • Miscellaneous
      Page 4 Miscellaneous Column 2
      129 4 ro l 11/07 m 13/00 31/21 39/31 34/27 30/34 31/1t 30/34 20/14 22/12 i 27/23 32/2* 22/13 29/12 Urn 09/03 34/22 10/0* U/01 27/11 27/U l«i 19/14 30/20 20/13 r 24/12 26/13 32/23 10/11 17/04 30/26 33/23 ■4 34/27 24/14 34/25 30/15 17/05 20/00 ir 31/24 It/15 35/11 24/11 oiot
      129 words
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  • BANKING AND FINANCE
    • Article
      Options
      631 5 1 INTEREST RATES OPTIONS Thundoy, Aug 30 1987 KUftOOOLLA* (CMC) $m; pto ot 100% 8M« ciMMh Put till Mm 6*p-c Dim *329 0.62 0J9 Mar-c 0.36 0 I 0004 >acH, 0.25 fttar-p 0.56 9250 0.34 0.26 0.26 aoi 0.37 0.69 9275 &17 0.16 ait 0.05 041 Ota *300 0.04
      631 words
    • Article
      Comex gold/silver futures
      144 5 Gold futures on Aug 20 100 troy OWCK UK par toy o unca OpM M* Law MM Aug 87 457JO 457JO 45X50 453.30 5.00 S*P 454.00 -5.00 Oct 461 JO 461 JO 456.00 ***** -5.10 Ok 4*7.00 467.00 461.40 462.20 -5.10 Nb M 471 JO 47X00 467X10
      144 words
    • Article
      Money markets
      66 5 THE OVERNIGHT rate on the Singapore interbank market fell 1/2 point to close at 1/2 per cent yesterday. The one-month term rate remained unchanged while the two and three-month rates rose by 1/16 point each. S$ Interbank rates at 7pm yesterday: OTO MO Ovw«V» 1/3 1/4 l-«M* 4
      66 words
    • Article, Illustration
      World interest rates
      196 5 Indicates the average of ww prim# lenaing rvwv o» 12 ma|or banks In S'pore Interbank market rates (offer/bid) on Aug 21 us$ DM SWFC Y»n 7 dmyt 7 J/4 S/« 1/4 J/4 J IJ/1* 11/1* 7 J/0 7/0 J 3/0 1/2 1 m0k ii/i« 11/1* 9 IS/1*
      196 words
    • Article
      Asian $ market
      343 5 Asian market ASIAN DOLLAR deposit rates yesterday closed little changed from opening levels, after thin trading, dealers said. They said most operators were sidelined in the afternoon in the absence of fresh factors. The market was awaiting yesterday's release of revised US second quarter GNP data and July consumer price
      343 words
    • Article
      Simex/IMM
      596 5 DECEMBER Eurodollar yesterday opened 7 ticks higher at 02.40 on shortcovering as the US dollar firmed in overnight New York market. After firming to the high of 92.41, prices eased off to 92.30 in active trading on Japanese Finance Minister Kiichi Miyazawa's remark that currency rates should be determined
      596 words
    • Article
      Lock icon German central banker opposes EMS reform
      137 5 Reuter BUNDESBANK council member Lothar Mueller said he is opposed to the growing demand (or reform of the European Monetary System, saying this could do more harm than good. "The EMS has had a positive impact on the economic development of most of its
      Reuter  -  137 words
    • Article
      Lock icon Bundesbank must be flexible, says Koehler
      540 5 Reuter THE BUNDESBANK must remain flexible in its interest rate policy in view of currency market movements. Bundesbank board member Claus Koehler has said. Call money eased this week after rising for nearly a month, prompted by a rise in the Bundesbank's repurchase rate.
      Reuter  -  540 words
    • Article
      Lock icon NY bank indicted for violations
      411 5 NYT THE UNITED Orient Bank in New York's Chinatown and five of its officers were indicted by a Federal Grand Jury in Manhattan on Thursday on charges of failing to report cash transactions exceeding US$lO,OOO. Federal law-enforcement officials have used a reporting requirement, formally known
      NYT  -  411 words
    • Article
      Lock icon Six more US banks/thrifts fail
      118 5 Reuter FEDERAL regulators said three US banks and three savings and loan associations hsd failed. The failures raised US bank failures so far this year to 116 and savings and loan failures to 46, they said. The Federal Depoeit Insurance Corp said the American Bank
      Reuter  -  118 words
    • Article
      Lock icon Forex markets
      1594 5 Reuter SINGAPORE: THE US dollar yesterday closed easier against most major currencies but above the day's lows, after active trading, dealers said. The dollar met selling pressure in mid-morning after Japan's Finance Minister Kiichi Miyazawa's remark that currency rates should be set by the market as far as
      Reuter  -  1,594 words
    • Article
      Government securities market
      82 5 Treasury bills Period Issue Yesterday's dosing Day's code Maturity tio Of FEB HIGH LOW 3 months 8Q*****S 19.11.87 3.15 3.05 3.15 3.05 6 month* BS*****Z 21.01.88 3.25 3.15 1 yeor BY*****S 30.06.88 3.41 3.31 Government notes and bonds Period Issue Maturity Coupon Yesterday's closing Day's code rate
      82 words
    • Article
      HongkongBank moves branch
      77 5 HONGKONGBANK will move Its branch at 115 Beach Rood to 49 Baoch Rood on Aug 24. The "move will be the fifth time eince 1982 that the bonk hoa relocated branchea to bigger and more modern promieoa: Located at the Rafftee City end of Baoch Rood. new
      77 words
    • Article
      Lock icon Dollar sellers
      47 5 Reuter JAPANESE Finance Minieter Kiichi Miyazawa aaid thoae selling the dollar now may be in trouble later. Jiji Preee quoted him aa aaying he would let twee dollar sellers do os tfiey wont He was telling reporters how ho felt about the renewed rtao of
      Reuter  -  47 words
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  • WORLD MARKETS
    • Article
      Lock icon Elders to float 35pc of three divisions
      309 6 Reuter ELDERS IXL Ltd will float 35 per cent each of its three major operating divisions through renounceable rights issues to its shareholders under the proposed restructuring announced in late July. The divisions are Elders Brewing, Elders Finance and Elders Agribusiness, the company
      Reuter  -  309 words
    • Article
      Lock icon Dow chalks up another record
      910 6 New York Reuter ANOTHER RECORD was broken on Thursday on Wall Street as stocks soared In active trading, encouraged by slightly stronger dollar and bond marketa. Short-covering continued to provide support. The Dow Jones Industrial Average jumped 40.07 points to 2706.70, only the second time
      Reuter  -  910 words
    • Article
      Lock icon Hang Lung hopes restructuring will enhance image
      207 7 Reuter HANG LUNG Development Co Ltd and its subsidiary Amoy Canning Corp (Hong Kong) Ltd are hoping their recent reorganisation will improve the group's image on the booming Hongkong property market. Hang Lung Deputy Managing Director Yin Shang Shing said the two firms
      Reuter  -  207 words
    • Article
      Bangkok
      147 7 THE SECURITIES ExJelaprathan Cement 421 unch change of Thailand Index Maboonkhrong 129 1 moved up 1.22 points to Poet Publishing 275 •4 334.91 on a turnover of Saha Union 364 -2 4,202,044 shares worth Siam Cement 1309 6 495.32million baht. Cement 1232 unch Reuter Siam Commercial AUG 11 BAHT
      147 words
    • Article
      Lock icon Viacom plans minority sale
      88 7 NYT VIACOM INTERNATIONAL Inc has held preliminary talks with the Coca-Cola Co about the sale of a minority stake in several of its operations. Viacom also said a number of other companies with broadcasting entities had expressed interest in buying minority stakes in its operations. The
      NYT  -  88 words
    • Article
      Untitled
      1252 7 Selected indices HONGKONG Hongkong Index Fridoy 2,258 78 Thurjdoy 2.***** Wee* ogo 2.***** Hong Seng Index Fridoy 3.446 59 Thurjdoy *****1 Week ogo 3.512 15 All Industrials fridoy 3.0391 Thursday 3.0178 Week ogo 3.010 7* NEW YORK Dow Jones Thursday 2.****** Wednesday 2.***** Week ogo 2>91 49 TOKYO Nikkei Average
      1,252 words
    • Article
      Equities open narrowly firmer on dull trade
      837 7 London SHARES ON LONDON market were narrowly firmer in subdued early trading yesterday. The market continued Thursday's lata recovery which followed a sharp fall prompted by worse than expected UK bank lending figures, dealers said. Golds moved against the trend with bullion with
      837 words
    • Article
      Lock icon Market recovers to close sharply higher
      720 7 Hongkong Reuter DBS Securities STOCKS CLOSE sharply higher in Hongkong yesterday after six days of consecutive correction. The Hang Seng Index recovered by 38.56 points. Buying orders on utilities and property shares spearheaded early gains in the market which edged up 46 points to
      Reuter; DBS Securities  -  720 words
    • Article
      Lock icon Tokyo
      400 7 Reuter SHARE PRICES on the Tokyo market yesterday rose in heavy trade following record high stock prices on Wall Street overnight and a spreading belief that the so-called "triple merits" (of a rising yen, low and possibly falling interest rates and low oil prices) have returned, at least in
      Reuter  -  400 words
    • Article
      Lock icon Sydney
      371 7 Reuter THE AUSTRALIAN stock market closed firmer yesterday with Elders IXL's announcement of plans to float three divisions through renounceable rights issues.. At the close, the All Ordinaries Index gained 2.4 to 2,087.6. The All Industrials Index gained 21.5 to finish at a record 3,039.2. The All Resources Index
      Reuter  -  371 words
    • Article
      Taipei
      245 7 AUQ 21 Alt Sincere lrxtu» NT S 396 •0 04 Kolin Kuochan Dev Lm Chang Yuan 38.00 4640 36 20 1.1 -18 Asia Cement Cathay Cons 50 00 S3 SO •1 -4.5 Lion Hwa Indus Nan Ya Pi as 27 20 56 50 -04 Chang Hwa Bank 203 00
      245 words
    • Article
      Seoul
      106 7 AUG 11 WON Hyundai Motor Kai ***** ***** -700 -BOO Chail Sugar ***** Kangwon Ind Kia Motor Daeiim ind Daewoo Corp ***** ***** -450 -190 KofM Long T#rm... Lucky Ltd ***** ***** -1000 -210 ***** -300 Daishin Securities Dong Ah Phar ***** ***** -1300 -100 Oriantal Cham ***** *****
      106 words
  • Page 6 Advertisements
    • Advertisement
      Page 6 Advertisements Column 1
      739 6 id wiae. «iim aM 999 9 9 Seconds are FREE and all bottle sales enjoy a 30% jm M cove witir his rich. mellow songs during HAPPY HOUR from 5 pm -7 pan. After Happy Hour, two of the city's hottest bands. NEU FACES and CLASSIC, rave non stop throughout
      739 words
    • Advertisement
      Page 6 Advertisements Column 2
      115 6 Complimentary Camus XO with Pine Court's sumptuous Beijing cuisine. Fortune*} and dinner, tg Aug* 301*7 Road, Siapiporr 0923 Tel. *****11 H MB £3S±±pi±£ 3 *r rrr J Naw Dancing Cocktail Lounge Baby The Los Hombres Baby It Tha Los Honibres. versatile Filipino group with their wide repertoire of the latest
      115 words
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  • Page 7 Advertisements
    • Advertisement
      Page 7 Advertisements Column 1
      432 7 «SE in Sunday Brunch: A great family outing. If s a wonderful way to combine a late breakfast with an early lunch on a lazy Sunday. Sausages, bacon, aggs any way you won* them oysters, smoked salmon, tasty entrees, roast... right through to pastries, puddings, fruit salad and cheeseboard. Ail
      432 words
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  • PERSPECTIVE
    • Article
      Posting good profits
      511 8 WHAT'S in a political poster? More than politics or art: there's business, too. Washingtonian Dan Walsh, for one, is a person who apparently has a monopoly of the "oppositional posters" market. A New York Times agency story quotes Mr Walsh as claiming that he has exclusive distribution
      511 words
    • Article, Illustration
      Man in the studious pursuit of justice
      742 8  -  By ASAD LATIF THOUGH he might not go as far as Voltaire, to whom the adjective was the enemy of the noun, Sir Zelman Cowen believes in leaving out complimentary adjectives. Sir Zelman, who was in Singapore recently as Lee Kuan Yew Distinguished
      742 words
    • Article, Illustration
      Relax, the bull market is not over
      189 8 Letters to the Editor Omt Sir Contrary to Mr Wong Yee's statement in your July 30 Perspective page, the Elliot Wave Theory works very well in the local market. I have labelled the waves using the same chart (eee diagram). Cycle Wave II
      189 words
    • Article
      Computer firm welcomes Copyright Act
      195 8  -  James Lim Managing Dtrsdor Umco Products RMg Pis Ltd Dear Sir We refer to the report "First Criminal Case under Copyright Act", in BT Weekend Edition of Aug 15/16. Apple Computers inspected our production lines and found that we were producing only IBM-compatible computers. However,
      195 words
    • Article
      Same old pitfalls in new approval system
      341 8  -  John M Carter Deer 8k Mr Yang Soo Suen, president of the Singepor* Institute of Architects, is of the opinion thet I do not understand the Simplified Planning Approvsl System. But his letter, published in your Weekend Edition of Aug 8/9, largely confirms
      341 words
    • Article
      No supply problem in plastics locally
      197 8  -  Ong Choon Hwa H#&d Public Rilittoflt Economic Development Board Dear Sir I refer to the front-page lead story headlined "Plastics industry faces severe shortage of raw materials" (BT, July 27). We would like to register our view that the headline is inaccurate and harmful
      197 words
    • Article
      Introduce a property market journal
      168 8  -  John M Carter Dear Sir The news, on Aug 6, that the Singapore Institute of Surveyors and Valuers has introduced a computerised sales reporting system should be welcomed by everyone who has any interest in the property market. The Stock Exchange has long had a
      168 words
  • Page 8 Advertisements
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      Page 8 Advertisements Column 1
      41 8 BT wslcomas lattars from rtadm. Your lattara must induda your signature, full nam*, addraas, and homo numbara, if any. You may add a psaudonym, if you wish. Addraat your lattars to: Tha Editor, Businass Timas, 390, Kim Sang Road, Singapore 0923.
      41 words
  • Page 8 Miscellaneous
    • Miscellaneous
      Page 8 Miscellaneous Column 1
      742 8 CRYPTIC PUZZLE ACROSS 9 It's clear dad is coming back by himself (8) 10 Save the inn (3) 11 The whole ten I rewrote again (6) 12 People to meet (6) 13 See a gong fashioned way back (4-3) 14 She reached new heights (4) 15 What kept the witch
      742 words
    • Miscellaneous
      Page 8 Miscellaneous Column 2
      39 8 (UNBgugvaSLCT I UEfT YOU OH TH£ (HOUJ Cone 7 SUD DCXOM THC i OP FLOCK P«MD J DOuiN ft-y TuC LIFT v W^X OHUY TO FIND V 'A IT :7!o) l(^r% .cs^ S> I<rx Standard Co Ltd I9W 1987
      39 words
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  • Executive Lifestyle
    • Article
      STRAWS in the Wind
      237 9 A COMPANY with a sense of humour won over a reporter in this office with what would normally be considered an impersonal response to a story she wrote. Notes of praise are usually sent by mail or thanks expressed on the phone. "Much apprec for yr
      237 words
    • Article
      A yen for telephone cards
      191 9 TRENDS THE PEOPLE In Japan have grown ao rich ao teat «Ml Hi paopla eometlmoe hove troubla JatMng waye la epend dielr money. Soma Jap—aaa aro wdNng to pay axtra tor apsclol lea to pour Mioir Imported Scotch over. Ono company mada a naal pro#!
      191 words
    • Article, Illustration
      A fall from grace
      998 9  -  T/Uvi*- With ASAD LATIF NO ONE WILL believe me if I say I travelled to Heaven the other day. But they should. When times are bad, when your product is being dumped by the uncaring public, you can't afford to not advertise. And you can't afford
      998 words
    • Article, Illustration
      Shandy's sisters
      877 9  -  By JAIME LYE "YOU'RE CRAZY," said one. "Not one* in my entire career has anyone asked me to do this." mumbled another. "The only such drink I've ever come acroaa was called a boiler maker that's when you get a mug of beer, a shotglass of whisky, drop
      877 words
    • Executive Lifestyle: Entertainment, the Arts & Pursuits
      • Article, Illustration
        Isotonic drinks — a re-think
        1027 10  - Isotonic drinks a re-think HEALTH By RICHARD SEAH TOO MUCH SALT is bad. That everybody knows. But call salt water an "isotonic" drink and they get all confused. Now many think it's healthy. Isotonic drinks are basically solutions of salt and sugar. They contain common salt or sodium chloride plus
        1,027 words
      • Article, Illustration
        Technically competent, but a trifle cold and clinical
        807 10  -  THEATRE By JAIME LYE ONE MUST CERTAINLY hand it to Lim Kay Siu of Theatreworks for his interpretation of John Merrick. The Elephant Man. How someone could sustain that distorted twist of the mouth and recite his lines with such fluidity for
        807 words
    • Executive Lifestyle: Entertainment & Pursuits
      • Article, Illustration
        Passionate book for those hot about food
        1031 11  -  BOOKS By MONICA GWEE An Omelette and a Glass of Wine by Elizabeth David. Penguin Book*. THIS IS the kind of food book I enjoy beat. It ian't filled with glossy colour pictures and it doesn't carry page after page of rscipes. But
        1,031 words
      • Article
        Not something for the walls
        107 11 AMERICAN comedies Saturday Night Live, Who a Tha Boss and the movie lahtar have won awards that their producers might not want to hang proudly on their walls. The shows were among the 10 winners of the Goldan Pit Awards, bestowed on television programmes, advertisements
        107 words
      • Article, Illustration
        Keeping the customers satisfied
        520 11  -  NIGHT SPOTS By BRIAN MILLER THE TRANSFORMATION is complete. The former Hawaii Paradise at the basement of Orchard Towers is Hawaiian no more. Gone are the surfboards, swaying palms, soothing sounds and hula girls. But, by all counts, it's a change for the better. And last
        520 words
      • Article
        BILLBOARD
        777 11  -  Compiled by Sekina Dhilawala CINEMA: Tha Living Daylight» starring Timothy Dalton. Showing at Lido: 11; 1.30; 4; 6.45: 9.15. Amartean Nln/a 2 starring Michael Dudikoff, Steve James and Larry Poindexter. Showing at Cathay: 11; 1.30; 4; 6.30; 9.15 and Kreta Ayer People's: 1; 3.30; 7; 9.30. Lathal Waapon Starring
        777 words
      • Article, Illustration
        Jazzy strategy to bring a minority music closer to the majority
        1077 11  -  MUSIC By MARTIN SOONG JAZZ IN SINGAPORE is gradually being weaned from the care of the government after the past five years of nurturing and handling. After considering several alternative private sector surrogate parents, including local show promoter Jasper
        1,077 words
      • Article, Illustration
        Bewitched by a young man and his drum
        249 11  -  DANCE -by i Brian Gomex A YOUNG MAN and his drum captured the imagination of a Singapore audience last Wednesday. Combining the pulsating rhythms of his drum with intricate dance steps was Kumar Chandra Singh (right), a lissome 22-year-old man whose facial
        249 words
    • Executive Lifestyle: Sports
      • Article
        Ignite your quartet bet with the Olympic Torch
        689 12  -  BT's Quartet: Olympic Torch Measure Rhesius Vanda GOLF Oh yzm TMCK f with Brian Miller with Brian Miller ON ANY OTHER DAY. it would b« just another race. After all, stake money of $70,000 is no big deal. But you can bet
        689 words
      • Article
        Braving the high seas to give a lifeline of hope
        458 12  -  WINDSURFING By CHERRIE HOLDER CHARITY will be the winner when 24 boardsailors, two yachts, seven powerboats and eight catamarans brave the open waters and the winds of the Sumatras to take part in a sail to Batam Island beginning on
        458 words
      • Article, Illustration
        Lock icon Top seed Wilander loses to Lundgren in ATP Championships
        326 12 TENNIS Reuter TOP SEED Mats Wilander was upset 6-1 6-4 by unseeded fellow Swede Peter Lundgren on Thursday in the third round of the U*****,000 ATP Championships. Wilander, a three-time winner in Cincinnati, looked off-form in the first set, missing on
        Reuter  -  326 words
      • Article
        Balraj shares midway lead with Thai player
        504 12  -  ■y WALTON MORAIS LENDING CREDENCE to his declaration that ha will prova tha detractor» wrong, Singapora'a M Balraj playad par golf to captura a ahara of tha load at tha hart-way ataga of tha Singapore Amataur Opan golf championship at Tanah Marah on
        504 words
      • Article
        Lock icon Inspired play puts little-known American on top of Lawrence Batley event
        320 12 Reuter LITTLE-KNOWN AMERICAN Bob Smith struck anottw blow for the over 40» with a magical spall of putting and a five-under-per 67 in tha Lawranca Batlay Golf International at Royal Birkdele, England, on Thursday. Smith, 44, gaining inapi ration
        Reuter  -  320 words
      • Article, Illustration
        Lock icon Johnson and Emmian are main threats to Lewis in Rome
        559 12 ATHLETICS AP CANADIAN SPRINTER B«n Johnton and Soviet long jumper Robert Emmian stand in the way of Carl Lewis's bid to be the star of the World Track and Field Championships in Rome. The American standout matched the four golds
        AP  -  559 words
      • Article
        Lock icon Third-round upset for Mandlikova in Toronto
        367 12 Reuter NINTH-SEEDED American Barbara Potter upset second seed Hana Mandlikova on Thursday in the third round of the U*****,000 Player's Challenge women's tennis tournament in Toronto. Potter, who withdrew from her doubles match last night to rest a nagging back injury, came back rejuvenated
        Reuter  -  367 words
      • Article, Illustration
        Some popular conventions of the game
        677 12  -  BRIDGE By MIKE THUMBA CHARLES GOREN, the famous writer on bridge, says that bridge convention refers to a type of bid which by general agreement has a special, artificial meaning which might not seem natural on the surface. Most players use the popular conventions
        677 words
    • Executive Lifestyle: Personal Investment
      • Article
        Lock icon Why the small investor faces longer odds of turning in a profit
        759 13 OVER-THE-COUNTER MARKET NYT AN INVESTOR who buys an bver-the-counter stock in the US, particularly an obscure, thinly traded one. faces longer odds of making a profit than a buyer of stocks listed on an exchange. The difference comes
        NYT  -  759 words
      • Article
        New Sesdaq rules alter the game
        373 13  -  By AMY BALAN SINCE AUGUST 1, market-mak-ers in Sesdaq the Singapore equivalent of the US OTC market are obliged to maintain spreads of not more than 5 per cent between their buy and sell quotes. Quotes that disregard this directive will be automatically disbarred
        373 words
      • Article
        Understanding profit and loss accounts
        1101 13  -  COMPANY REPORTS BeannE/rs. comum J Vjraay, By LISA LEE THE MID-TERM corporate results reporting season is here again. If you've just bought shares in a company and want to have a better id«a of how it is performing, a little investigative work can be done
        1,101 words
      • Article, Illustration
        Balancing risks and rewards in financing subscriptions
        1330 13  -  SHARE STAGGING By PATRICIA M SCHERSCHEL THOUSANDS of Singaporeans are eagerly awaiting the results of the stock subscription for Jurong Shipyard Ltd to learn just how big a profit they stand to reap. Heavy interest in the shipbuilding and repair company is pushing
        1,330 words
      • Article
        Lock icon Prices for silver pieces remain buoyant
        207 13 ART Sotheby's Research Department WE TURN our attention this week to silver. The silver market continued its upward trend in the past season. Although English silver outperformed Continental silver, the prices fetched for unusual pieces from Germany, Switzerland and Hungary bolstered the performance of
        Sotheby's Research Department  -  207 words
      • Article, Illustration
        Economist rules out a great depression
        326 13  -  WORLD BUSINESS By SOH TIANG KENG A VISITING US economist and political scientist has ruled out an imminent world economic "calamity" similar to the 1929 Great Depression. Prof William Letwin, disagreeing with the views of some economists, said: "I see no reason to suppose
        326 words
  • Page 9 Advertisements
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      Page 9 Advertisements Column 1
      16 9 Buying power Real buying power at your fingertips. Call 732 2244 for an application form today.
      16 words
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      Page 9 Advertisements Column 2
      101 9 •GERALD GENTA L'ESPRIT DE GENfVE• G E R A L D GENTA L'ESPRIT DE GENEVE* O kU m > 3D 411 > z gdrald genta JM K '/s »V OmO i m-O; > Hp; i;WM k ♦> I m ife F'V sr >2 jO -<* WDIUIVJ UVI HU HM|K«| fcww
      101 words
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  • Page 10 Miscellaneous
    • Miscellaneous
      Page 10 Miscellaneous Column 1
      2663 10 Astaire, Alice Walker and the Bolshoi Movies When the less talented member of a ballroom dance team lands a "plum" Broadway role by accident, the result is an inflated ego for him and a headache for the company in Broadway Melody at 1940. This under-rated musical is littered with hilarious
      2,663 words
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  • Page 13 Advertisements
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      Page 13 Advertisements Column 1
      60 13 Chartamatic COMPUTERISED CHARTING SERVICE FOR THE LOCAL STOCKMARKET The best-selling computerised charting service in Singapore Malaysia Provides historical data for all counters on the S€S Used by leading banks stockbroking firms and diversified institutions Studies Features Trend lines/Bar Charts/Point A Figure/Line Charts/Relative Strength Indicator/Momentum/Overbought-Oversold/CADi/Volume Studies/Daily Weekly Price Charts and many
      60 words
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  • STOCK EXCHANGE OF SINGAPORE
    • Article, Illustration
      Share prices rise in quiet half-day trading
      4083 14 SHARE PRICES rose yesterday in quiet half-day trading, shortened by a power failure in the afternoon. Trading was suspended after the lunchbreak because of a power failure which affected the Stock Exchange of Singapore and most of the broking firms. When electricity, which
      4,083 words
    • Article
      Chief price changes
      239 14 Rises baton 90* 940 C K Ton« 6^5 UoT" 7ti Atone 20 1 570 CaW Store lOp 525 F t N 1 340 SPM 1030 1 C *50 Strofti Trodfeg 575 C I C 420 taitoh 50* 1*9 Falls SINGAPORE Ind .Q W Compwfc* *2 Ot/OS Til
      239 words
    • Article
      Business done on the SES
      2916 14 810 and offer prices officially listed and business in end reported to the Stock Exchange of Singapore yesterday with the number of shares traded shown in brackets in lots of 1,000 units unless otherwise specified. All Time Settlement Contracts are quoted after the word "SETT".
      2,916 words
    • Article
      PROPOSED ISSUES
      492 14 Company RIGHTS ISSUE Ayer Hi torn Tin Three-for-< >n* Q $.230 per shore Bonvests Hldgs 43 54 millto n 6% unsecured loan slocks with worra nts in the ratio of $1 loan flock lor very S shores held at $1.70 C 1 Holdings per (tore 27 minion oan
      492 words
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  • Article
    COMPANY NEWS PMRI registers lower paper loss this year
    415 15  -  By LISA LEE DESPITE the current bull run in both the local and Malaysian stock markets, Pan Malaysia Rubber Industries Berhad (PMRI) continued to suffer a paper loss of Msll.ol million on its quoted share investments. PMRI, a member of the
    415 words
  • Article, Illustration
    Inchcape appoints new non-executive chairman
    161 15 CHARLES TRESISE has been appointed non-executive chairman of Inchcape Bhd from Sep 1, 1987, following the retirement of Mr David Denman. Mr Tresise has been a nonexecutive director of the group for 16 years and is also a director of a few other public companies
    161 words
  • Article
    Lock icon Dutch Baby to pay out highest ever dividend on KLSE
    346 15 Bernama ES UPON the completion of its proposed equity restructuring scheme, Dutch Baby Milk Industries (Malaya) Bhd (DBMI) will pay a special dividend of M 54.00 gross (M 52.40 net) per share, believed to be the highest ever paid out
    Bernama ES  -  346 words
  • Article
    API reports group bottom-line losses of M$23.69m
    351 15 AMALGAMATED Properties Industries Bhd (API) has reported whopping group bottom-line losses of M 523.69 million last year compared with a red-ink figure of M 59.67 million in 1985. In its long-overdue announcement, API said its performance was affected by the 35 per cent
    351 words
  • Article
    Bata records 69pc rise in exports
    200 15 BATA (MALAYSIA) Bhd. Malaysia's leading shoe manufacturer, exported Ms7.B million of shoes in the first half year, which was 69 per cent more than the corresponding period last year. Reviewing the six-month results, the company said as a result of the improved export sales,
    200 words
  • Article
    GB Holdings public offer fully subscribed
    435 15  -  By AMY BALAN WITH LESS than two days to qo before the close of its public offer, the GB Holdings issue is already fully subscribed. But the maker of the Grand Banks luxury cruise yachts will find it highly improbable, nay impossible. to match
    435 words
  • Article, Illustration
    Lock icon Reject direct elections, HKSE urges members
    356 15 Reuter THE HONGKONG Stock Exchange has urged its members to oppose the introduction of direct elections to the British colony's legislature, saying this could erode investors' confidence. In a letter recently circulated to its 859 members and made available to Reuter on Thursday, the
    Reuter  -  356 words
  • Article
    Unit trusts
    275 15 Monag»rc' prices MARA-Bumiputra for Aug 22 24 Fir* 6'putro 740 7 45 Singapore Unit Trust Sacond 6'putro Th.rd 6'putra 654 465 659 490 TH# rc< 1 26 1 33 Fourth 8'putro 594 599 Tho Sovings Fund 109 S'por* frog Fund 052 S'port Sk Fund O SS 1 l«
    275 words
  • Article
    Lock icon MAA one step closer to stake in MBf Finance
    211 15 Bernama THE DIRECTOR-GENERAL of Insurance has approved Malaysian Assurance Alliance Bhd (MAA)'s proposed acquisition of 29.5 million ordinary shares in MBf Finance Bhd (MBfF). MAA said in a statement yesterday the shares of 50 Malaysian cents each to be acquired from
    Bernama  -  211 words
  • Article
    Stocks in Kuala Lumpur finish on mixed to easier note
    3604 15 BEARISH SENTIMENT continued to plague the Kuala Lumpur stock market yesterday and share prices generally finished on a mixed to easier note. Selective stocks were able to put on slight gains on bar-gain-hunting. The market started on an easier footing
    3,604 words
  • Page 15 Advertisements
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      Page 15 Advertisements Column 1
      231 15 NOTICES IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF SKANDIA ASIA PRIVATE LIMITED (IN MEMBERS' VOLUNTARY LIQUIDATION) FINAL MEETING NOTICE IS HEREBY GIVEN in pursuance to Section 308 (1) of the Companies Act, Cap. 50, that a general meeting of the abovenamed company will
      231 words
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  • Article
    Electrical engineering grads are top earners
    328 16 AS THE demand for electrical engineers continues to outstrip supply, desperate employers were prepared to pay, on average, nearly $2,000 for fresh graduates. Electrical engineering graduates drew a mean monthly salary higher than those of any other discipline last year, according to the 1986
    328 words
  • Article
    Lack of evidence ends Inquiry into the Teh affair
    655 16  -  Chiam's request for a third adjournment denied By LOH HUI YIN THE COMMISSION of Inquiry into the Teh Cheang Wan affair came to an abrupt end juat before Ipm yeaterday after Mr Chiam See Tong failed to produce evidence that would
    655 words
  • Article
    State counsel: No need for Chiam to see CPIB files
    491 16  -  By ANNA TEO EVERYTHING that Mr Chiam See Tong wanted to see in the Corrupt Practices Investigation Bureau files was revealed when the witnesses testified before the Commission of Inquiry, said senior state counsel Lawrence Ang in his closing submission
    491 words
  • Article
    Lock icon Dow Jones higher
    59 16 Reuter WALL STREET yesterday advanced despite a surprise decline in the dollar against the yen even though the Bank of Japan bought dollars. Treasuries eased on the dollar decline, but the stock market was little affected. The Dow 30 was up 9 at 2716 and traded as
    Reuter  -  59 words
  • Article
    Lock icon Comex silver
    94 16 Reuter COMEX SILVER FUTURES climbed early when the US dollar lost ground on a downward revision in second quarter gross national product, said analysts yesterday. But gains were tempered by the disinflationary implications of July's consumer price index, which rose 0.2 per cent after a 0.4 per cent
    Reuter  -  94 words
  • Article
    Lock icon India moves to combat drought
    119 16 AFP THE INDIAN government has set up a panel to monitor food prices and released more relief funds in a bid to combat the effects of the worst drought to hit the country in 100 years. The steps were announced following reports of near-starva-tion conditions
    AFP  -  119 words
  • Article
    Eighth factory of Matsushita to make high-speed facsimile machines
    384 16  -  By BOEY KIT YIN AN EIGHTH FACTORY in Singapore will be set up by Japan's largest electronics group, Matsushita. Starting October, the new factory will make high-speed facsimile machines. With the new factory, Matsushita will have a stable of nine companies
    384 words
  • Article
    Lock icon Warning against communal remarks
    272 16 Bernama MALAYSIAN Education Minister Anwar Ibrahim said yesterday that politicians should take into consideration the consequences of racial tension before making open statements on sensitive issues. "Poliiical and economic stability and national unity should not be sacrificed in the overzealousness to become champions of their communities,"
    Bernama  -  272 words
  • Article
    Lock icon US-Japan trade talks progress comes too late
    332 16 Reuter AMERICANS have become so angry at Japanese business practices that even progress in official talks on the problem may not stop Congress from passing a harsh trade Bill, according to a senior US trade official in Tokyo. Sales by a Japanese company
    Reuter  -  332 words
  • Article
    Lock icon Philippine protesters burn Aquino in effigy
    201 16 Reuter ABOUT 5,000 leftist demonstrators protesting against rising petrol prices burned Philippine President Corazon Aquino in effigy yesterday, the fourth anniversary of the murder of her husband, Benigno. They marched through a busy commercial district in central Manila chanting anti-government slogans and waving placards
    Reuter  -  201 words
  • LATE FILE
    • Article
      Lock icon Sarawak warns foreigners
      54 16 Bernama THE SARAWAK government yesterday warned foreigners with expulsion if they showed disrespect for Malaysia's aspirations, particularly that of the people in the State. Chief Minister Datuk Patinggi Haji Abdul Taib Mahmud said that the government welcomed foreigners, including anthropologists, but they should not instigate locals to
      Bernama  -  54 words
    • Article
      Lock icon Inflation soars in Guangdong
      67 16 Reuter INFLATION has soared this year in the southern Chinese province of Guangdong because official controls over the economy have been relaxed. Prices have risen an average 8.1 per cent a month in the first half of the year about 100 per cent at an annual
      Reuter  -  67 words
    • Article
      Lock icon Vote to scrap reserved seats
      56 16 Reuter THE LOWER HOUSE of Zimbabwe's Parliament voted yesterday to abolish reserved seats for whites, after five white conservative members left the chamber to shouts of "goodbye". Members of the Lower House voted 78-0 to give the constitutional reform Bill introduced by Prime Minister Robert
      Reuter  -  56 words
    • Article
      Lock icon More striking miners dismissed
      40 16 Reuter AT LEAST 25 striking Mack miners were killed in a bus crash yesterday while management dismissed a further 4,000 strikers in an attempt to break the massive strike over pay in South Africa's mines. Reuter
      Reuter  -  40 words
    • Article
      Lock icon Colombo looks to UK for help
      46 16 Reuter DETECTIVES from Britain's Scotland Yard are to help baffled Sri Lankan police hunt the would-be killer of President Junius Jayewardene. Military officials said yesterday that three officers from London's famed police force were expected to arrive in Colombo shortly.
      Reuter  -  46 words
  • Page 16 Advertisements
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      Page 16 Advertisements Column 1
      5 16 Japan's aconomy racovariog, Paga 3
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      Page 16 Advertisements Column 2
      187 16 BT SURVEYS Looking Wider, Thinking Deeper Some subjects are of such interest to our readers that they demand more space and more research than can be given in our daily reporting. As part of BT's overall service we have always recognised this and taken the necessary steps. Filling the gap
      187 words