The Business Times, 12 December 1987
1987-12-12
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The Business Times
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Title Section12 1987-12-12 1 BUSINESS TIMES MCI (P) 112/12/86 Weekend Edition, December 12-13 1987 75 CENTS12 words
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Article154 1987-12-12 1 Overseas markets Friday HK Hang Seng Index 1989.58 (-38.09 Tokyo Nikkei Average 23,035.81 (-245.03) Sydney Ail-Ordinaries 1218.3 (-17.7 Thursday New York (Dow Jones) 1855.44 (-47.08 London (FT 30 index) 1285.0 (-12.6 noon: Exchange rates US$: 128.65/75 yen 1.6310/20 DM SS2.0165/75 US$1.8370/80 M$: S $81.03/11 Slmex Euro-$ (Mar)154 words
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Article, Illustration334 1987-12-12 1 THE US TRADE DEFICIT, which widened to a record U5517.63 billion in October, put a sudden halt yesterday to the recent rally in major Asian stock markets. Dealers said hopes of an impending recovery were dashed when the massive deficit was announced. The overnight334 words
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Article51 1987-12-12 1 Reuter WALL STREET stocks moved higher in early trading yesterday, shrugging off Thursday's 47-point loss and weakness in the dollar and Asian equity markets. The Dow Jones Industrial Average rose six points to 1,862. Advances edged out declines by a slight margin on volume of 17 million shares.Reuter - 51 words
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Article48 1987-12-12 1 AFP SHARES remained firm at midsession yesterday on the London Stock Exchange, stimulated by a takeover bid situation. At 1200 GMT, the Financial Times industrial share index was 23.5 points higher at 1,308.5 and the Footsie 100-share index was up by 30 points at 1,649.6. AFPAFP - 48 words
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Article259 1987-12-12 1 THE BASHING of the US dollar continued in the European forex markets yesterday following a drubbing in Asia triggered by the report of an unexpected bulge in the US trade deficit. By mid-morning in London, the greenback had hit record lows against most currencies with259 words
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365 1987-12-12 1 IN ONE of its biggest top-level recruiting drives ever, OverseaChinese Banking Corporation has hired three major players in Singapore's financial scene. OCBC yesterday announced the appointment of Mr Goh Chee Hiong as executive vice-presi-dent, credit marketing; Mr Lai Teck Poh as executive vice-pres-ident, corporate banking,365 words
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549 1987-12-12 1 AMY BALAN - Committee proposes three-stage implementation By AMY BALAN PUBLICLY-LISTED COMPANIES will have at least two years to prepare for the regular rotation of their auditors if the controversial proposal is accepted by the authorities. The special committee set up by the Singapore Society of549 words
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233 1987-12-12 1 AFP Bernama THE LEADER of the Hanoi-back-ed Phnom Penh regime Premier Hun Sen left Hanoi yesterday after a 24-hour stopover, having made no public comment on resistance leader Prince Norodom Sihanouk s decision to cancel scheduled talks with him nextAFP; Bernama - 233 words
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Page 1 Advertisements
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Advertisement257 1987-12-12 1 Nikon THE WORLD'S FINEST PHOTOGRAPHIC SYSTEM wm A SECOND FACTORY is being built 'a few years ahead of schedule' by Matsushita Electric Motors (S), following a recent surge in its share of the world market for small motors used in audio and video products. HOME NEWS, Page 2 SINGAPORE AIRPORT257 words
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Advertisement8 1987-12-12 1 Full report, pago 17 World markata, paga 198 words
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Advertisement83 1987-12-12 1 Naw branch at Orchard MRT Station, Back Paga m m 4 -3SS A >. fj <1 r iff II V m •or ■B m The Concord Saratoga Watch. Time is what you've made it. CONCORD Authorised dealers: Indonesia (Jakarta) CM Store Beemel Watch Jewellery New Sinar Djakarta Singapore Asia Watch83 words
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Advertisement160 1987-12-12 1 Nikon THE WORLD'S FINEST PHOTOGRAPHIC SYSTEM £L C&wUhJU SjAcifil BEAR markets are hard to bear. So comfort yourself or a loved one with this great big cuddly fellow this Christmas. A simple contest open to all BT readers will determine who gets him Page 7 ear U P and win160 words
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HOME NEWS
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Article, Illustration576 1987-12-12 2 ANNA TEO - By ANNA TEO A SECOND FACTORY is being built "a few years ahead of schedule" by Matsushita Electric Motors (S), following a recent surge in its share of the world market for small motors used in audio and video products. The company is576 words
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294 1987-12-12 2 THE FIGHT against the killer disease Aids is being taken so seriously by France that it has assumed national importance. A massive campaign to raise money for Aids research has been dubbed "The Great National Cause 87" and French nationals living abroad294 words
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319 1987-12-12 2 LIM SOON NEO - By LIM SOON NEO AFTER SERVING ROME for years, Singapore Airlines (SIA) hopes to fly to Milan, the financial and commercial hub of Italy, as soon as the necessary intergovernmental agreements can be made. This was disclosed by SlA's managing director, Or319 words
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Article73 1987-12-12 2 OUR DEC 10 STORY. 'Pir*way Holdings to tap capital markets for $165 million", identified only Singapore International Merchant Bankers Ltd (SIMBL) and NDC Merchant Bank as the lead managers of a $30 million floating rate note issue for Parkway. The story should have said that SIMBL is73 words
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Article, Illustration372 1987-12-12 2 SINGAPORE Airport Terminal Services (SATS) expects to spend more in the current financial year. The company, a whollyowned subsidiary of the Singapore Airlines group, turned in operating revenue of $122 million for the six months ended Sep 30, a 15 per cent increase from $106372 words
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243 1987-12-12 2 MORE OPPORTUNITIES for the publishing and printing industry will head this way in January, with some 150 foreign companies coming to explore new ventures. The International Publishing and Printing Opportunities Conference and Exhibition (IPRINT), to be held on Jan 13, follows two successful printing243 words
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Article74 1987-12-12 2 SINGAPORE Petroleum Company (SPC). which announced cuts in petrol and diesel pump prices earlier this week, has again announced cuts for its wholesale prices. As from yesterday, prices of its range of petrol products have been lowered by two US cents per gallon. Similar cuts were74 words
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Article61 1987-12-12 2 THE Community Chest will give 63 companies silver and bronze awards for outstanding feats in helping it raise money under the "Share" programme, whereby employees donate a part of their monthly salary to the chest. De Ee Peng Liang, president of the Community Chest, will give away61 words
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Article47 1987-12-12 2 SINGAPORE is donating US$2O,OOO worth of food and medical supplies to victims of the recent typhoon in the Philippines Some 1.3 million Filipinos were displaced and over 700 died when Typhoon Nina hit the country recently. President Corazon Aquino had appealed for foreign relief aid.47 words
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Article1372 1987-12-12 2 AT CONVENTIONAL WHARVES 1 > B«rl h Arrival Depart KEPPEL WHARVES Ah D*dtcot< KI6 alongside 1212/1800 Equator K22 alongside 1212/0600 Huoy»n KI9 alongside 17.12/2300 Umoatua Korean Pigeo K27 alongside I2.I2AMOO K32 alongside 17 12/0700 Krts Merubi K24E alongside 13 '***** l*M Maritime I K20 alongside UI2AM00 KI71,372 words
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Page 2 Advertisements
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Advertisement129 1987-12-12 2 eciaJ lv PacL agecti So K we 11... Ml VJ V. m \«S5W*»«i «N 1 »\jd\ V i •V'" I>A il Exclusive Festive Hamper Festive Hamper Tike Ideal FeslWe Gifls! G0 Goodwood Gourmet Marker's Premium, Exclusive 'Specially for Kids Festive W Hampers. The Season's favourite meats and most popular chtKolates129 words
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OVERSEAS
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Article333 1987-12-12 3 UPI JAPANESE carmakers probably will have to raise their new car prices by at least 3 per cent to make up for recent drops in the dollar's value against the yen, car industry analysts said Thursday. The dollar hit a postwar low of 132.18 yenUPI - 333 words
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Article178 1987-12-12 3 Reuter THE EUROPEAN Community (EC) circulated a proposal to liberalise trade in services, which it will formally present to the 95nation Gatt trade body next week. John Richardson, EC negotiator on services, said: The aim is to open up market access for all internationally traded services.Reuter - 178 words
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128 1987-12-12 3 AFP THAI Finance Minister Suthee Singhasaneh on Thursday signed agreements with France and West Germany that will provide his country with credit and donations worth more than US$l3O million, much of which will be used to improve Thai telecommunications. He concluded a financialAFP - 128 words
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Article103 1987-12-12 3 AFP BRITAIN has agreed to give nearly £17 million (US$3O.5 million) in project aid to India. the British Information Service in New Delhi said on Thursday. The new aid will finance two projects in southern Andhra Pradesh state £9.75 million to help 200,000 slumAFP - 103 words
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Article43 1987-12-12 3 AFP HAPAG-LLOYD Flug of West Germany has ordered six Boeing 737-500s, priced at US$l5O million, and reserved options on two other twin jet aircraft. The 737-5008, powered by Snecma-General Electric engines, are for delivery between May 1990 and 1991. AFPAFP - 43 words
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Article761 1987-12-12 3 ARRIVALS Operator Sorvte* Local From number tfclM SU SQ191 1155 PEN MAS MH682 1230 KCH GU GA940 1235 MES FLIGHTFS781 1240 HOY WAYS SU SO 203 1300 CGK SIA SQ107 1305 KLM. GU GA900 1310 PKU SU SQ1 1330 SFO/HNL/HKG SU SQ6I 1335 IKK Al AM28 1350761 words
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381 1987-12-12 3 Reuter AN UNPRECEDENTED JUMP in the US trade deficit, which sent shock waves through currency and stock markets on Thursday, has pushed legislation with protectionist provisions back onto centre stage The US Commerce Department, unveiling numbers that far exceeded expert forecasts, said yesterday that importsReuter - 381 words
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Article, Illustration210 1987-12-12 3 Reuter JAPANESE Finance Minister Kiichi Miyazawa said yesterday that the US trade position will improve in spite of Thursday's announcement of a bigger than expected U5517.63 billion trade deficit for October. However, he told reporters after a regular morning Cabinet meeting in Tokyo thatReuter - 210 words
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Article, Illustration145 1987-12-12 3 Reuter US TRADE REPRESENTATIVE Clayton Yeutter said yesterday the October trade deficit of U5517.63 billion "is a disappointment but not a cause for undue alarm". He said in a statement that there would always be fluctuations in statistical reporting and no single month should be givenReuter - 145 words
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Page 3 Advertisements
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Advertisement10 1987-12-12 3 MWAIL\OUR JOURNEVS BEASPLEASWTASHK SEASON'S GREETINGS FROM ALL AT AIR CANADA10 words
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Advertisement225 1987-12-12 3 TEONQUES D/VNT-G4SDE SWISS MADE SINCE 1860 bEMEg V X *r ;pp~ The watch for those who won't settle for beauty that's only skin deep. V I r«^ «> A I VV 41 r -1 J 5. ur v-s? fe v--r am W V* sr. V v x 4 TAG HEUER225 words
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COMMODITIES
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Article, Illustration588 1987-12-12 4 UPI THE WINTER Opec ministerial meeting have ended after two days on an apparent deadlock over the benchmark price for crude oil. The ministers agreed to meet individually and informally yesterday. leaving open the possibility of a full ministerial meeting in the afternoon. TheUPI - 588 words
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220 1987-12-12 4 AFP RECENT BUYING of sugar by China is a firm reminder that the world market is residual in character and will respond rapidly when large volumes are demanded over a relatively short period, influential London traders, C Czarnikow, observes in its latest market review publishedAFP - 220 words
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Article308 1987-12-12 4 London Commodity Exchange ftuyer/Sefler doting price* on Dec 10 (£/tonne un Iw specified). Previous doting price* in poremhesis. CoffM Both bvstore London, sellers option CIF London Jan 1314/1215 High/Low (1335/1337) 1339/1313 Mar 1335/1336 High/Low (1346/1348) 1351/1331 Sates (3688) Coco* DK 1016/1030 (998/1003) High/Low 1033/1003 Mar 1048/1049 (1034/1035) High/Low308 words
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252 1987-12-12 4 Reuter A TOTAL of 543,000 hectares of coconut palms were severely damaged by Typhoon Nina which struck the central Philippines last month, Philippine Coconut Authority deputy administrator Nebuchadrezzar Arboleda said. Coconut output is forecast to drop to 2.7 million tonnes inReuter - 252 words
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115 1987-12-12 4 Reuter THE Association of South-east Asian Nations must sustain its lobby against a proposed European Community levy on vegetable and marine oils and fats until the plan is finally dropped, a Philippine official has said. Philippine Coconut Authority chairman Jose Romero saidReuter - 115 words
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Article326 1987-12-12 4 Reuter SINGAPORE The market closed firmer yesterday with January 1 RSS buyers quoted at 219.00 cents/kilo, up one cent from Thursday's close, dealers said. The morning session recorded a rise of 0.50 cents on some short-covering of nearby positions in quiet trading, they said. Dealers said no Inro activityReuter - 326 words
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Article228 1987-12-12 4 RAS prices In S ewMg, FOB In M NOON close Buyort Sallfri Buyon Sellers bit 1 tSS Prompt 219.50 220JON 220.00 221.00N bit 1 RSS Jon 88 218-50 219.00 219.00 219 JO bit 1 RSS Fob 88 218.00 218.50 218J0 219.00 Int 2 RSS Of 216.00 218.00N228 words
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Article82 1987-12-12 4 (canti/kg, 1-ton JANUARY 88 FEBRUARY 88 (currwit month) (forward month) RAS NOON NOON brtn S«ll«n tvyan SelWri SSI 20 220.50 222-50 220JO 222.50 SSI 50 219.00 221.00N 219.00 221JOON MRELB Buyen Seller* tvy*n 1eh«ri SMI cv 273 50 275.50N 274JO 276.50N SMI I 273.50 275J0N 274.50 276JON82 words
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Article205 1987-12-12 4 Reuter CBT SOYBEAN futures closed on or near session highs on Thursday with prices up $9-1/2 to $6-3/4 following a late technical rally, traders said. January finished 7-3/4 cents higher at $5.98-1/2 after reaching a high of $5 99-1/2 late Traders said professional and local buying firmed prices, butReuter - 205 words
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Article143 1987-12-12 4 Reuter CBT WHEAT futures posted losses of 3/4 to 1-3/4 cents a bushel at the close on Thursday. March finished 1-3/4 cent lower at $3.111/2. Traders said late professional and commission house selling depressed prices which traded firm around midday. Reports of a possible European sale of at leastReuter - 143 words
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Article411 1987-12-12 4 HONGKONG: Gold closed steady yesterday in fairly active trading as late selling trimmed early gains, dealers said. They said gold prices tracked the US dollar's movement throughout the day and closed just above the day's lows as the dollar recovered in late trading. But sentiment remained bullish after411 words
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Article445 1987-12-12 4 Crude palm oil prices closed higher yesterday. Dec central region firmed $17.50 to M 5917.50 per tonne and South 15 to 920, while Jan South rose 15 to 922.50 The refined palm oil market was also firmer in thin trading. Feb/Mar RBO palm olein traded up to $405445 words
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Article94 1987-12-12 4 Reuter THE Kuala Lumpur Tin Market price rose 10 cents to M 517.05 a kg In moderate trading yesterday. Sterling's strength against the ringgtt sparked fresh consumer buying from Europe, Japan and locally at the start. Buyers bid for 101 tonnes against an offer of three tonnes. SellersReuter - 94 words
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Article71 1987-12-12 4 INCREASED demand (or kerosine and naphtha raised prices, but generally Far East product prices wre stable yesterday. Trade was thin in all centres. Dubai (Jon) Wait Taioi USS/borrd 16.40 Chang* 0.05 tntvrnwdiolc, WTI (ion) 18.52 -0.05 Products (FOB S'pore) US$/borr*t Oang* Kromw 24.20 0.20 Goioil 20.20 twJ*71 words
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Article240 1987-12-12 4 Chinese Produce Exchange Solien' noon doling prion on Doc 11 (SS/100 kg) Coconut oil M> FOB 97.00 CM drum FOB 107.00 Now drum FOB 111.00 Copra Mixed (loose) 55 setters Pepper Muntok white FOB NtW 1212.50 Sarawak white FOB foq NtW 1197.50 Sarawak spedol 872.50 block FOB NtW240 words
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Page 4 Miscellaneous
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Miscellaneous218 1987-12-12 4 VSS'Z "SS/ Max/ Not* Min (°C) 26/16 Hazy 04-05 Cloudy 17/12 Cloudy 20/13 Cloudy 30/19 Clear 30/24 Cloudy 02-09 Clear 22/15 Cloudy 00-06 Soow 02-02 Cloudy 21/16 Clear 00-06 Cloudy 29/20 Fine -01-04 Clear 26/13 Clear 28/16 Cloudy 08-05 Una* 31/13 Cloudy 27/19 Cloudy 03-03 Cloudy 04/02 Cloudy 33/28 Cloudy218 words
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BANKING AND FINANCE
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Article, Illustration165 1987-12-12 5 Indicate» Km ivtrag* <X tM prim* lending rales of 12 me|or banks In S'pore Interbank market rataa (offer/bid) on Dac 11 us$ DM SWFC Y*n 7 4ayi 15/14 13/1* 3/s I/* 3 3/1* 1/1* 7fr— i/t 4 1/2 3/t I t/1* 7/1* tyl* 7/1* 3 15/1*— 13/1*165 words
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Article1249 1987-12-12 5 CURRENCY FUTURES OPTIONS moo kCtmiABtf MM y Dnni KV\ tbdr 11, 1987 DCUTI ICVmMAnR (Ml Jam •IWi as 0* LOW SMI Jam HWk aspMi Lmt Soft M 1 2A 1 57 5058 510 3A 2 58 4058 410 SA 6 59 3148 317 14A 13 60 2258 230 27A1,249 words
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Article194 1987-12-12 5 Asian market PERIOD Asian dollar deposit rates closed firmer yesterday compared with Thursday's close, after moderate trading, dealers said. us$ C*f» MD 7 doyi 7 6 7/8 1 men* 9/16 7/16 2 men* 5/16 8 3/16 3 men* 5/16 8 3/16 A men* 8 5/16 8 3/16 9 men* 3/1194 words
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Article136 1987-12-12 5 Gold futures on Dec 10 100 troy ouncas; IISS per troy ounce Op aw H*h Law SaMa D*c 485 00 492JO 4*5.00 492.30 7*0 Jon 49X90 7.*0 F«b M 419.00 494.00 4**.60 497.20 7.*0 Ap» 493.00 504.80 495.00 50X70 **.00 Jun 503JO 510J0 503JO 510.00 8.20 Aug136 words
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Article625 1987-12-12 5 EURODOLLAR futures gapped sharply lower on Simex yesterday and continued to ease after the unexpected record US trade deficit of U5517.63 billion. March Eurodollar opened 23 ticks lower at 91.90 and drifted to the intraday's low of 91.86 before recovering to the high of 91.93 on shortcovering activities. The625 words
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Article989 1987-12-12 5 SMGAPORE: The US dollar recovered against most major currencies in thin late trading yesterday but still closed slightly below New York levels, dealers said. They said the dollar recovered largely on shortcovering, after falling in the morning on selling prompted by the increase in the US trade deficit989 words
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Article63 1987-12-12 5 THE one-month rate on the Singapore interbank market roee point to cloae at 3 11/16 per cent yesterday. The two-month rate rose 3/16 while the threemonth rate was ahead by 1/8 point. S$ Interbank rcrt»s at 7pm yesterday: o*m HD Ovarn»gN una* ma* I-«on*. 3 11/1* 3 f/U63 words
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Article89 1987-12-12 5 Treasury bills i Period Issue Yesterday's c losing Day's code Maturity MO ormt HKX LOW 3 nimrthi BQS7129E 10.3.88 3.25 3.20 3.22 3.04 6 wawii BS*****S 21.4.88 3.32 3.27 3J1 3.04 1 year •Y*****T 24.11.88 2.44 T39 2.43 2.30 Government notes and bonds Period Issue Maturity Coupon89 words
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Page 5 Advertisements
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Advertisement43 1987-12-12 5 How to mal« a statement without saying a single Word... 7 v- -< T A*u( 7fßMl#t/s. &>Ou»A, A/aw, c+*u.. i*»t. (Rxt./?*}&* kv»t X ELEA/INTS THE MEN'S SHOP OcTOft) »os(l #03-07 nvPrommx* Sngjporr 0923 W *****4S #03-09 Score Shoppng Centre Score »o*J fcng*parrO*23 T« *****3243 words
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LETTERS TO THE EDITOR
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Article510 1987-12-12 6 "WHO'S EVER SEEN a horse wearing a nappy?" That was a question by Danny Docwra, whose family landaus have carried tourists around the eastern English seaside resort of Great Yarmouth for nearly a century. The provocation for the question was a recent ruling by town510 words
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613 1987-12-12 6 LSH - Consider revaluing Singapore now LSH Dear Sir Addressing the US Joint House of Congress and House of Representatives not long ago, our Prime Minister pointed out how easily self-interest can lead to protectionism times protectionism which could lead to serious depression and world instability. Many people, in Singapore and the613 words
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193 1987-12-12 6 Dear Sir In recent weeks two public listed companies have decided to withdraw or cancel their rights issues. The statements or replies made by the directors through the press or circulars to shareholders are disappointing as the actions taken are not in the193 words
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647 1987-12-12 6 Dear Sir Thank you for publishing my letter in BT on 2/12/87. Please note that Bonvests PER should have been 213 (Source: BT 30/11/87) instead of 21.3 as printed. Your Hock Lock Siew's comments on 7/12/87 raised the question of whether the proposed acquisitions647 words
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222 1987-12-12 6 PETER CHIA - PETER CHIA fI.AUr -M-i-- QCO r uoiic ■niiri nMincQvf| 9Co Dear Sir Your correspondent, A Minority Shareholder, questioned why the Stock Exchange of Singapore did not give its approval for the listing of new Bonvests shares arising from the company's222 words
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180 1987-12-12 6 SIT MENG CHUE - Deloitte Haskins Sells against rotation SIT MENG CHUE YWA-Edelman Consultants Dear Sir We refer to the BT report yesterday on the rotation of auditors and wish to clarify the position of our client, Deloitte Haskins Sells, as a firm on this subject. We would like to draw your attention to180 words
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Article121 1987-12-12 6 TOH SU FEN - TOH SU FEN Dear Sir I refer to the BT article yesterday titled, "A new era in commuting and shopping". I would like to draw your attention to the MRT system map which indicated that 20 stations from Yio Chu Kang to Clementi stations121 words
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Page 6 Advertisements
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Advertisement253 1987-12-12 6 A <<sS&A Jt i You have a k business to ran, I a busy schedule to keep... SINGAPORE BUSINESS understands your uf commitment to your work. So, instead of I NgHrL having to go out in the sweltering heat or get held up somewhere in a traffic jam on your253 words
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Advertisement45 1987-12-12 6 BT welcomes letters from readers. Your tetters must teclude your signature, hill name, address, and horn* and office telephone numbers, H any. You may add a pesudon ymn. If you wtah. Addrm your letters to: The Editor, Buskwaa Tl 3to, Kim Seng Rood, Singapore OKI45 words
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Page 6 Miscellaneous
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Miscellaneous791 1987-12-12 6 mmms® CRYPTIC PUZZLE ACROSS 8 How mad monkeys are about them? (7) 9As far as I'm concerned, make a party swing (3,2,4) 13 Due round, fly (5) 14 The winner is Tree, by the way (5) 15 Are building a home, so it's serious (7) 16 Having caught, be quick791 words
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Executive Lifestyle
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Article, Illustration729 1987-12-12 7 MONICA GWEE; LISA LEE - By MONICA GWEE and LISA LEE YOU KNOW THEM, sort of. You've seen them, sometimes. But what do you give them for Christmas? Executive Lifestyle lined up a group of captains of industry and Singapore personalities and newsmakers and considered the headache of choosing gifts for729 words
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El Christmas Special
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Article, Illustration542 1987-12-12 8 JAIME LYE - In a lighter vein CINEMA By JAIME LYE IT USED TO BE that guardian angels had gossamer wings for transport and pricked you in the heart whenever you did something wrong. Now, they've gone high-tech and spend much of their time speeding through your veins in a space capsule, poking542 words
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Article, Illustration495 1987-12-12 8 Jaime Lye - by Jaime Lye POOR WARREN Beatty and Dustin Hoffman. Why everybody picking on them? They're juat two aging actor» who thought it would be a good idea to do some location shooting somewhere near Morocco with a blind camel, and look at all495 words
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Article, Illustration475 1987-12-12 8 Jaime Lye - by Jaime Lye Who's That Girl won mixed reviews from critics who either thought Madonna was great or that she does a better job showing off her knickers at her concerts. In this movie, she adapts her normal brash and seductive side to the role of475 words
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Article, Illustration1737 1987-12-12 9 SOME PEOPLE are impossible to adorn at Christmas. Or are they? Here, we mix and match some personalities and presents, some from Page 7, to inspire perhaps those stumped at showing their affection for those who may seem to have everything... Elizabeth Sam A1,737 words
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Article1198 1987-12-12 9 Sakina Dhilawala - Compiled by Sakina Dhilawala CINEMA: Mannaquln starring Andrew McCarthy, Kim Cattrall and Michael Gottlieb. Showing at Cathay: 11; 1.30; 4; 6.30; 9. Jawa Tha Ravanga starring Michael Caine, Mario Van Peebles, Lorraine Gary, Lance Guest and Karen Young. Showing at Jade: 11; 1.30; 4; 6.30; 9. Maar Dark starring1,198 words
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Article, Illustration605 1987-12-12 10 New mix, new cool, old warmth BANE of the office animal thrust on the Christmas party circuit is how to mix odds and ends with verve and spirit, to play safe but clever, to be just the right temperature of cool. Men's fashion, a dull, dreary sameness notPHOTOGRAPHY: Nik Kasmani - 605 words
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Article, Illustration804 1987-12-12 12 RICHARD SEAH - HEALTH By RICHARD SEAH PEACE ON EARTH and goodwill towards man is more easily said than done. "How can you have peace in the world when the inside of your body is at war?" macrobiotic/vegetarian chef Monica Lacombe had remarked when I interviewed her804 words
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Article, Illustration1081 1987-12-12 13 BRIAN MILLER - NIGHTSPOTS By BRIAN MILLER ALL DRESSED up and nowhere to go? Wrong. I mean, it can't be at least not at this time of the year. After all, when it comes to Christmas, the list is endless and the choice can be quite mind-boggling. Okay,1,081 words
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Article, Illustration845 1987-12-12 13 FOOD By THE FOOD TEAM THE FOOD and beverage industry has placed its* bets on champagne as this year's merry potion.£ Crates of the stuff have been shipped in for the* festive season as all major hotels and restaurants* offer free bubbly bySketches by courtesy of Meridien Hotel - 845 words
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Article, Illustration878 1987-12-12 14 JAIME LYE - fc < **lhf j; By JAIME LYE THERE is much truth said in jest, said soma old sage once. So if someone sends you a Christmas card that says: You don't have to give me an expensive gift for Christmas. But ifCards: Courtesy of Robinson's - 878 words
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Article, Illustration332 1987-12-12 14 "WHO SAYS it doesn't snow in Singapore?" American Express Travel has been asking its friends and clients who were invited to a "Snow BaU" yesterday. The query on its invitation card was in response to a recent weather report in the London Daily Mail which said332 words
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Executive Lifestyle: Sports
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Article292 1987-12-12 15 CRICKET Reuter ENGLAND CAPTAIN Mike Gatting will remain in charge, .the English Test and County Cricket Board said on Thursday. Alan Smith, the TCCB chief executive, said the possibility of disciplinary action against Gatting had not been discussed at Thursday's routine winter meeting at Lord's, althoughReuter - 292 words
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Article, Illustration760 1987-12-12 15 MIKE THUMBA - BRIDGE *1 MIKE THUMBA D>bnci against suit contract The opening lead Last week, while discussing defence against suit contract, we said that in order to defeat a contract, you should give your partner as much information as possible by proper leads and signals. We760 words
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172 1987-12-12 15 AFP DEFENDING champions Scott Hoch and Gary Hallberg tied the first-round lead at Palm Beach on Thursday in the PGA team championship with Bob Tway and Mike Hulbert, who finished second a year ago. Hoch birdied the first five holes as heAFP - 172 words
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Article119 1987-12-12 15 AFP EUROPEAN Ryder Cup captain Tony Jacklin was named Guinness International Sports Personality of the Year on Thursday as golf collected one title after another at the British Sports Writers' Association annual awards night. Jacklin also received the Sports Team of the Year trophy onAFP - 119 words
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Article, Illustration591 1987-12-12 15 BRIAN MILLER - GOLF By BRIAN MILLER LIM KIAN TIONG put himself in line for his first title of the season when he took a three-stroke lead after the third round of the Singapore PQA championship at Sime course yesterday. The veteran pro, who has591 words
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565 1987-12-12 15 Brian Miller - on TR/O with Brian Miller GIVEN THE UNCERTAINTY of the weather and the fact that the track at Bukit Timah today will be at best yielding, Dallas Cowboy must be viewed as an extra good thing when he lines up against a Class 2565 words
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Article, Illustration518 1987-12-12 15 TENNIS Reuter THE ROYAL Albert Hall, which normally resounds to the music of Tchaikovsky. Mozart and Beethoven, reverberated to the rare sound of Swedish laughter on Thursday with the emergence of a new double act. Laurel and Hardy they are not. but Stefan EdbergReuter - 518 words
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152 1987-12-12 15 SNOOKER AFP THE EXPERIENCE Of Canadian Cliff Thorburn and irishman Dennis Taylor told in tha semi-final of tha World Doubles Snooker Championship in England on Thursday as they crushed young English pair Steve James and David Roe 9-1. James and Roe. noted for theirAFP - 152 words
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Executive Lifestyle: Personal Investment
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767 1987-12-12 16 Ramesh Chandiramani - BECinfIEFTS COMER m INVESTMENT STRATEGIES by Ramesh Chandiramani IT APPEARS as if the first and stage of the equity market crash is over. In place of and indiscriminate setting of the past few weeks mob psychology and emotion ruled a sense of calm and767 words
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742 1987-12-12 16 MARKET ANALYSIS UPI "WHAT'S past is prologue" so said William Shakespeare in the Tempest. If that be so, things that have happened in the past may be the last refuge for the battered stock market investor. In most cases, investment advisers andUPI - 742 words
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387 1987-12-12 16 ART Sotheby's Research Department LONDON took centre stage in the art market this week amid numerous other sales in New York and Switzerland. The autumn series of major Impressionist and Modern paintings concluded in London after similar sales in New York a fewSotheby's Research Department - 387 words
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1242 1987-12-12 16 RAMESH CHANDIRAMANI - STOCK MARKET By RAMESH CHANDIRAMANI QUITE CLEARLY, buying equities today is much better than buying them a month or two ago. But following the October crash, the biggest fear of investors right now is that share prices may go lower still. That is1,242 words
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Article543 1987-12-12 16 CURRENCIES IHT THE LONDON stock market moved towards a record high this summer because Japanese investors were expected to pour money into the market following Prime Minister Margaret Thatcher's convincing election victory. They did not, and the market fell back. The episode is aIHT - 543 words
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Article, Illustration341 1987-12-12 16 RC - CHART PAINT jssasr -hy RC THERE IS no question that we are in a bear market equity values have returned to levels last seen during the Part-Electric lows of May 1966. However, at seven weeks, this bear market is already a mature affair. StockSource: Chartamatic - 341 words
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Page 7 Advertisements
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Advertisement359 1987-12-12 7 FOR THE CARD WITH THE LONGEST INTEREST-FREE REPAYMENT PERIOD OF CHASE CLASSIC VISA Give me a bear hug Hi! I'm Octo and I'm a lovely big pink and white bear born on the 19th of October this year. By Christmas I will belong to one of you. I joined BT359 words
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Advertisement219 1987-12-12 7 Timeless values. These two exquisite watches, in the shape of peaches, are called «For China The craftsmen of Geneva were renowned for their mastery of enamel and these watches are a triumph of their art. By their efforts the subtle gradations of colour found in the skin of the fruit219 words
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Page 8 Advertisements
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Advertisement106 1987-12-12 8 A continental style of cafe bar comes to Singapore A unique blend of lighting and modem decor coupled with a diverse menu guaranteed to offer something for everyone BOOK YOUR CHRISTMAS PARTY NOW!! DonerKebab $&50 Cottage Cheese and Peach Salad $7.00 Mandarin A Spinach salad $7.00 Shish Kababs from $&50106 words
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Page 8 Miscellaneous
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Miscellaneous2523 1987-12-12 8 SLOTS TO WATCH Special treats for the holidays MOVIES Loretta Young and Trevor Howard team up in Christmas Eve, a made-for-TV mOvie about a spirited and eccentric millionairess who controls one of the largest companies in the US. Jealous son Andrew alienates his-children in his frustration at not having total2,523 words
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Page 9 Advertisements
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Advertisement20 1987-12-12 9 rs v X *TP* > J» i* > >„ >/4> 3 A > >'» >» A"' #01-07 Hilton Hotel. 581 Orchard Road. Singapore 0923. Tel: *****72.20 words
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Page 10 Advertisements
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Advertisement94 1987-12-12 10 This is the moment. The first smooth caress of. gold between your fingers. The sparkle of beautifully set diamonds at your wrist. The immediate certainty that this watch was made for you, and that no other will ever do. A Patek Philippe is the watch you choose for a lifetime.94 words
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Page 11 Advertisements
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Advertisement12 1987-12-12 11 ce 9 V PARIS Lance! Boutique: 435 Orchard Road, #02-28/31 Wisma Atria.12 words
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Page 12 Advertisements
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Advertisement845 1987-12-12 12 <' 0 'J! H iW T L-i 7. Batft-. *i 5 wm-<x jwb, •a W i £8 r i 1 Pi Try Something Malaysian Style "HIGH TEA" From three to ax every afternoon your choice of 15 Buffet spread of delicious Kueh Laps. Kueh Dadah, Mee Siam, Kueh Kuchee, Agar845 words
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Advertisement335 1987-12-12 12 The finest Beijing cuisine from Pine Court, with complimentary Hennessy Cognac MENU I includes steamed live sea-fish, stuffed black mushroom and Peking Duck. Price: $688* nett per table. Complimentary bottle of Hennessy XO. MENUD includes braised shark's fin with chicken sauce, braised abalone with green vegetables and sweet sour garoupa.335 words
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Page 13 Advertisements
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Advertisement230 1987-12-12 13 [:>$)^/[[*.%}[">~_<'_).!\`\&_*: a, .-4 sB Advent Sundays Family Brunch: Festive Fare for all. We're celebrating Adventwith a Sunday Brunch that makes for great family outings. With delights like oysters, smoked salmon and traditional Christmas fare. Dec 6,13, 20. 11am 2.30pm. $29 for adults $16 for children. Prices are subject to 10%230 words
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Advertisement213 1987-12-12 13 6-COURSE CHAMPAGNE DINNER at $135++ per person. V 2 bottle champagne per couple. NEW YEAR'S EVE 6-COURSE CHAMPAGNE DINNER at $145++ per person. V 2 bottle champagne per couple. Reservations: 338 8585 ext ***** or 330 8310. The WtsnN Plaza Baffles Cky Hotels Resorts THE PEOPLE AND PLACES OF WEST213 words
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Page 14 Advertisements
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Advertisement17 1987-12-12 14 paco rabanne pour homme k iaT». f What is remembered is up to you paco rabanne PARIS17 words
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Page 15 Advertisements
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Advertisement40 1987-12-12 15 ALSO AT CENTREPOINT X'mas Collection BALLY of SwitzMand LUTON-1 MASON SIZES 5 to 11 J MADRID THE MARCO POLO HOTEL SHOPPING ARCADE TANGLIN ROAD. SINGAPORE 1024 TEL *****52 COLD STORAGE. CENTREPOINT. 176 ORCHARD ROAD •02 17. SINGAPORE 0923 TELEPHONE *****2540 words
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Page 15 Miscellaneous
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Miscellaneous1015 1987-12-12 15 BBC 88.9 mHz in VHF Band II 6AM World News 8.08 The World Today 8.25 A Letter from Northern Ireland 8.38 Financial News 8.48 Reflections 8.48 Sports Roundup 7.88 World News 7JB Commentary 7.1$ From the Weeklies 7.38 Multitrack 3. 8.88 World News 8.88 News about Britain 8.15 Radio Newsreel1,015 words
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Page 16 Advertisements
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Advertisement356 1987-12-12 16 MYCOM BERHAO lt (Incorpormted in Malajraia) NOTICE OP EXTRAORDINARY GENERAL MEETING IWnCE IS HEREBY GIVEN THAT an EXTRAORDINARY GENERAL MEETING of Mycom Berhad will be held at Suite 1206, 12th Fk»r, Pernas International, Jalan Sultan Ismail, ***** Kuala Lumpur oft 28th December 1987 at 10.30 a.m., to consider and, if356 words
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STOCK EXCHANGE OF SINGAPORE
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Article, Illustration4381 1987-12-12 17 AFTER THREE days of rally. the Singapore stock market closed lower yesterday following news of a record US trade deficit of (J5517.63 billion in October. Brokers said there was no panic selling on the market although investors were nervous and concerned over the4,381 words
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Article183 1987-12-12 17 SINGAPORE. Rises OK 10 o«n m_ |T Conpodta ***** 644.46 frfrwio* 230 >22 M*e-~W TOO 30 "J*-?* J! 1 C S in CAOI -73*1 -7400 Calls STNMb ***** 515.93 rall SThMrtM 410.53 406.30 J 1 C JJ ST MMnoi 275J1 0/L5I 51A 15 r— imls iw£» ITI183 words
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Article3180 1987-12-12 17 BID and offer prices officially listed and business in and 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. SECTION ONE IN DOS TRIAL ft COMMERCIAL Acmo II 013,180 words
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Article232 1987-12-12 17 LUM CHANG HOLDINGS Limited: 5th AGM at the Board Room. #03-09K»m Tian Plaza. 38 Road, Singapore 031£ on Friday. Dec 18, at 1ljm. METAL CONTAMERS llMMfed: 17th AGM at 15'§cotts Road #05-01, Thon®' Tack Building, Singapore i)922 on Friday. Dec 18. at 10am. KAMUNTING TIM DRCOGMG (M) Berhad:232 words
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Page 17 Advertisements
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Advertisement15 1987-12-12 17 The "who's who"of shopping in your very own neighbourhood. Every Friday in The Straits Times15 words
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COMPANY NEWS
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563 1987-12-12 18 MBT JOHAN HOLOINGS's subsidiary Abacus Pacific NV has obtained a listing in Australia marking the completion of the group's complex restructuring exercise. Abacus, Johan's international vehicle, was listed on the Australian stock exchange in October following a private placement of 10.5 million sharesMBT - 563 words
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490 1987-12-12 18 Reuter THE PRICE of a seat on the Hongkong stock exchange has fallen sharply since the steep slide in share prices in October. Brokers said the value of a seat on the futures exchange has plunged but none have been sold since theReuter - 490 words
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Article, Illustration310 1987-12-12 18 HAW PAR Brothers International has yet to decide on the candidate to fill the post of group managing director after the resignation of Mr Loo Siew Poh. After 10 years of service in Haw Par, seven as a director and310 words
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113 1987-12-12 18 Reuter HONGKONG'S government-ap-pointed liquidators for Carrian Holdings Ltd have filed suit against accountants Price Waterhouse. alleging breach of contract and negligence in their role as Carrian's auditors. The Carrian liquidators are seeking unspecified damages and interest, according to court documents. Hongkong-based Carrian. which onceReuter - 113 words
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Article92 1987-12-12 18 MALAYAN BREWERIES LTD: Group profit after tax and minorities amounted to $55.46 million ($49 million) on turnover of $559.97 million ($537.99 million) for the year ended Sep 30, 1987. EPS came to 43.8 cents (38.7 cents). There was an extraordinary item of $58.93 million (nil) from sale of92 words
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201 1987-12-12 18 Agencies JARDINE STRATEGIC Holdings Ltd of Hongkong has defended its withdrawal of the Bear Stearns bid. saying that it has the legal right to terminate its offer for a 20 per cent stake in the US brokerage house. Bear Stearns on Thursday filed a suitAgencies - 201 words
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Article287 1987-12-12 18 Monog«rY prices Japan Gr Fund* Shenton Thrill Fund* 1 38 075 143 075 for Ok 12 and Dec 14 UOB Management Singapore Unit Trust Umtund* 1 3 72% 072* The Commerce 083 089 Unibood 1 uu 1 Uc The Savings Fund 072 077 S pore Prog Fund S287 words
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3142 1987-12-12 18 SHARE prices on the Kuala Lumpur Stock market closed mixed to slightly easier yesterday as mild selling returned after two continuous sessions of across-the-board advances. But trading conditions were comparatively quiet and the losses were mostly confined to below 10 cents3,142 words
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Page 18 Advertisements
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Advertisement326 1987-12-12 18 NOTICES IN THE MATTER OF THE COMPANIES ACT, CAP. 50 XIANGHUA INVESTMENT PTE LTD (In Voluntary Liquidation) At an Extraordinary General Meeting of the members of XIANGHUA INVESTMENT PTE LTD duly convened and held at 400 Balestler Road #01-42/43 Singapore 1232 on the 10th December 1987, the following Special Resolutions326 words
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Advertisement328 1987-12-12 18 IN THE MATTER OF THE COMPANIES ACT, CAP. 50 XIANG CHENG JEWELLERS PTE LTD (Id Voluntary Liquidation) At an Extraordinary General Meeting of the members of XIANG CHENG JEWELLERS PTE LTD duly convened and held at 400 Balestier Road #01-42/43 Singapore 1232 on the 10th December 1987, the following Special328 words
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Advertisement323 1987-12-12 18 IN THE MATTER OF THE COMPANIES ACT, CAP. 50 ASIA CARTONS PAPER PRODUCTS PTE LTD (In Voluntary Liquidation) At an Extraordinary General Meeting of the members of ASIA CARTONS PAPER PRODUCTS PTE LTD duly convened and held at 6001 Beach Road #06-08. Golden Mile Tower, Singapore 0719 on Bth December323 words
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Advertisement260 1987-12-12 18 IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF ERICSAN INDUSTRIES PTE LTD At an Extraordinary General Meeting of the members of Elicsan Industries Pte Ltd duly convened and held at 5001 Beach Road, #07-49 Golden Mile Complex. Singapore 0719 on 12th December, 1967 the260 words
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Advertisement166 1987-12-12 18 OFFICIAL NOTICE PROPOSAL TO CHANGE OF SHIP'S NAME We. JAVA MARINE LINES PTE LTD of 80 Marine Parade Road #12-04/05 Parkway Parade Singapore 1544 hereby give notice that in consequence of the Intended change of ship's name. We have applied to the Registrar of Singapore Ships, under Section 417 of166 words
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Advertisement184 1987-12-12 18 IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF DARI LAUT PTE LTD (In Members' Voluntary Winding-Up) Notice is hereby given, pursuant to Section 306 of the Companies Act. Cap. 50. that the final general meeting of the members of the abovenamed company will be184 words
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Advertisement10 1987-12-12 18 M onagers ust anage BT shows you how every Monday.10 words
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WORLD MARKETS
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535 1987-12-12 19 Reuter THE PROPOSED MERGER between Pan American World Airways and Braniff Inc does not ensure the health of the combined airline and could face opposition from unions, analysts said. "Relatively, yes, (Pan American will be better off) but on an absolute basis, it doesn't makeReuter - 535 words
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Article917 1987-12-12 19 Selected indices HONGKONG Hongkong Index Friday 1.298 44 Thursday 1.323 43 Week ago 1.***** Hang Seng Index Friday 1.989 58 Thursday 2,027 67 WMk ago 1.***** All Industriali Friday Thursday WMk ago NEW YORK Dow Jones Thursday Wednesday WMk ago 1464 4 1.904 4 1.903.7 1456.44 1.902.52 1.***** TOKYO Nikkei917 words
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214 1987-12-12 19 Reuter A TRUSTEE of a bankrupt Norwegian estate says Guinness Mahon. a subsidiary of Guinness Peat Group PLC, is being sued by the estate of late shipping tycoon Hilmar Reksten, despite a bank denial that any case exists. "We started litigation in December 1966,Reuter - 214 words
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937 1987-12-12 19 New York Reuter WALL STREET stocks closed sharply lower on Thursday after late selling erased a recovery from a steep morning drop. The earlier drop reflected a larger than expected October trade gap. Analysts said the market's recovery succumbed to surging interest rates and profoundReuter - 937 words
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825 1987-12-12 19 London Reuter SHARE PRICES snapped sharply back from their early mark-downs to open mixed yesterday, after speculation that an unnamed predator was putting together a 14.9 per cent stake in oil exploration company Tricentrol, dealers said. Tricentrol shares leapt 50p to 151p after word wentReuter - 825 words
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132 1987-12-12 19 Reuter ASHTON MINING Ltd. a diamond and precious metals company, will sell its Alaskan platinum interests to a second company. Helix Resources NL. while taking a significant stake in Helix. Ashton's wholly-owned unit. Ashton Mining (Alaska) Pty Ltd. whose major asset is the Good newsReuter - 132 words
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Article1422 1987-12-12 19 Hongkong Reuter HONGKONG share price# closed lower yesterday, depressed by the an* nouncement on Thursday of a much larger than expected record US October trade deficit of US$17 63 billion, brokers said. The Hang Seng Index lost 38.09 points, or 1.9 per cent to 1,969.58 and theReuter - 1,422 words
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Article131 1987-12-12 19 DCC 11 WON CtMll Sugar *200 Daetim Ind Daewoo Corp Daewoo Haavy Daiehin Securities Dong Ah Phar ***** 9500 ***** ***** ***** *350 100 -100 unch 300 Dong SuTi Slock Dongbu Slaal Gold Slar Ha nil Bank Hand Cement ***** ***** ***** ***** ***** 200 250 200 200 -100131 words
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Article508 1987-12-12 19 Reuter TOKYO share prices closed one per cent lower yesterday in modest trads. There was concern over Wall Street's future, an unexpectedly large US October trade deficit and a fall in Nippon Telegraph and Telephone's share price, brokers said. The Nikkei Index lost 245.03 points to 23,035.81, ust aboveReuter - 508 words
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Article457 1987-12-12 19 Reuter THE AUSTRALIAN «hare market fell to a sharply lower close yesterday in line with similar losses in other markets after the release of record US trade deficit figures. Brokers said the American U5517.63 billion October trade imbalance, much higher than expected, pushed down prices from the start AtReuter - 457 words
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Article170 1987-12-12 19 Reuter THE SECURITIES Exchange of Thailand Index yesterday finished 10.01 points lower at 243.97 on a turnover of 3.07 million shares compared with 2.19 million on Wednesday. Reuter OCC 11 I IAH1 r Ao Kham Thai. Ayudhya Invaatmant 189 -2 Bangkok Aground S6 -1 Bangkok Bank 275 -20 BankReuter - 170 words
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Article292 1987-12-12 19 Dec 11 KT All Sinctfl Indus 403 unch Asia Camant 60 00 -2 Cathay Con* 74 00 0 5 Chang Hwa Bank 217 00 -6 Chang Loortg 52 50 0.5 Chia Main Cement 45 60 0.5 Chin Main Flour 19 70 0.5 China Cham 31 SO -09 China Oav292 words
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Article94 1987-12-12 19 DEC 11 retos *1Acoi* Mining Anglo Phil 0017 Apox Mining B 0.06 -0 0375 Atlas Con B 23 -4 5 Baguio Gold. Basic Palrotoum 0.013 -0 001 Benouot Con B .1.08 unch First Phil Hldgs 8 20 unch Lapanto B 0 52 +0.01 Marcoppar 1 1# -0 04 Marst*«i94 words
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Article, Illustration528 1987-12-12 20 AFP SOVIET LEADER Mikhail Gorbachev left Washington on Thursday after a hectic three-day summit during which he signed a historic Intermediate-range Nuclear Forces (INF) treaty with President Ronald Reagan and made some progress on a fol-low-up accord to halve the superpowers'AFP - 528 words
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142 1987-12-12 20 Reuter *r» THE US House of Representatives on Thursday approved a two-year, US$23 billion foreign aid Bill, with the largest amounts going to Israel, Egypt. Greece and Turkey. The Bill passed by 286-122 and went to the Senate, which is rtbtReuter - 142 words
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274 1987-12-12 20 Reuter THE US SENATE yesterday passed a U5522.6 billion package of tax rises and spending cuts aimed at trimming the federal budget deficit in fiscal year 1988. The voice vote concluded a 14-hour debate that began on Thursday morning.Reuter - 274 words
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453 1987-12-12 20 OVERSEAS UNION BANK says the world-wide crash of stock markets and a possible slowdown in foreign investment are likely to halve Singapore's economic growth rate in 1988 and spark off a severe recession. In the December issue of its OUB Financial453 words
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Article145 1987-12-12 20 THE RECENT stock market crash has helped to cool protectionist sentiments and nudged t*>e US government to take steps to introduce reforms in the market, said Professor Charles Schultze. Professor Schultze, who was chairman of the Council of Economic Advisers when Jimmy Carter was the145 words
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689 1987-12-12 20 BRIAN GOMEZ - By BRIAN GOMEZ FOREIGN and Economic Ministers from Asean countries flew into Manila yesterday to smooth the way for the group's Third Summit meeting from Dec 15 to Dec 16. The security net over this sprawling city, where several bomb blasts have occurred689 words
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237 1987-12-12 20 THREE Singapore families and this year's National Productivity Award (NPA) winners have been invited to join tonight's celebrations to mark the extension of the Mass Rapid Transit service to Outram Park station. The extension, with nine new stations after Toa Payoh, means that the237 words
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Article90 1987-12-12 20 OVERSEA-CHINESE Banking Corporation is opening a new branch this morning at the Orchard MRT Station, which will open for business today. OCBC's new banking office will provide the full range of consumer services, including a 24hour automated teller machine. Like its sister branches at the Toa Payoh and90 words
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403 1987-12-12 20 JEFFREY TSANG - By JEFFREY TSANG HOW MUCH you will have to pay for your car insurance next year will depend on who you are and how good a driver you are. Besides the accident record, or the lack of it, factors such as age.403 words
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Article116 1987-12-12 20 THE HOUSING and Development Board has set aaide a total budget of $2.35 billion for the 1988/89 financial year, with about a third of the spending targeted for interest payment. The budget is slightly smaller than that of the last financial year ($2.38 billion). Net116 words
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Article91 1987-12-12 20 Bernama THE PHILIPPINES yesterday moved another step closer to officially renouncing its 25-year-old claim to Sabah with the filing of a related Bill in the country's Senate. The presentation of the Bill in Manila came less than 24 hours after legislation which officially drops theBernama - 91 words
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LATE FILE
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Article46 1987-12-12 20 AP FACSIMILE and telephone transmissions were relayed from a commercial jetliner in flight via satellite yesterday for the first public demonstration of such communication. Japan Air Lines said the transmissions were sent from a JAL 747 to a group of observers in Tokyo. APAP - 46 words
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Article39 1987-12-12 20 AFP SOVIET leader Mikhail Gorbachev briefed his peers in the Warsaw Pact in East Berlin yesterday on his talks with President Ronald Reagan and on the follow-up to the INF treaty signed with the US. AFPAFP - 39 words
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Article39 1987-12-12 20 AP US Secretary of State George Shultz arrived in Brussels yesterday to brief Nato foreign ministers at a meeting amid hopes that the superpower intermediate arms treaty will lead to cuts in conventional weapons. APAP - 39 words
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Article41 1987-12-12 20 AP A US navy plane searching for a missing South Korean jetliner has spotted what appeared to be an aircraft emergency escape chute floating in the Andaman Sea, said a US embassy spokesman yesterday. A PAP - 41 words
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Article26 1987-12-12 20 Bernama CANADA wants to increase military cooperation with Malaysia. said its chief of defence staff, General Paul Manson, in Kuala Lumpur yesterday. BernamaBernama - 26 words
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Article40 1987-12-12 20 AP INDIAN Prime Minister Rajiv Gandhi's government received a vote of confidence yesterday after the premier went before Parliament to declare that criticisms of his rule resulted from "a total bankruptcy of thinking" by the opposition. APAP - 40 words
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Page 20 Advertisements
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Advertisement79 1987-12-12 20 i gSS :M, lMi£i y V,.{•.. a' V Y k ffSpk: ,> v A> 1 1; mil W m 1 .i v > 'O md y1 ss Kg m < /k A s /> o "the/ CHARLES JOURDAN PARIS So» Vm n> Cteneuor <or Srvapor* UMyM »u« 4 ntowi HNCKLEY79 words
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