The Business Times, 19 July 1986
1986-07-19
1
12
https://www.nlb.gov.sg
https://eresources.nlb.gov.sg/newspapers/browse/biztimes
The Business Times
-
Title Section12 1986-07-19 1 BUSINESS TIMES M.C. (P) No. 192/12/85 SATURDAY, JULY 1», 198« 75 CENTS12 words
-
385 1986-07-19 1 BRIAN GOMEZ - By BRIAN GOMEZ, Regional Correspondent THE MALAYSIAN government yesterday dissolved Parliament nnri announced that a snap election, possibly the most critical in 17 years, will be held on Aug 2 and Aug 3. Malaysian Prime Minister Datuk Dr Mahathir Mohamad said:385 words
-
Article, Illustration644 1986-07-19 1 LORETTA McLAUGHLAN,ALVIN TAY - Group given seven days to make good shortfall By LORETTA McLAUGHLAN,ALVIN TAY DEBT-LADEN property group Hong Fok Corporation has run into problems keeping to its loan repayments schedule. Hong Fok Land Pte Ltd, a wholly-owned subsidiary which is developing The Concourse a644 words
-
441 1986-07-19 1 DBS BANK will cut its prime lending rate by one-quarter percentage point to 6.5 per cent from Monday the first reduction by a major local bank since August last year. The new rate, the lowest quoted by DBS Bank in nine years,441 words
-
Article, Illustration68 1986-07-19 1 SHAKE PRICES eased sflahtty aevess a Imi (mt at the leeai stock exchange an a lack st fU-lew-threagh baying yesterday. The absent* si wy flash factors deaf en saM. Same csaeerned hslders came In to if re (Mr beaks ahead sf the weekend and aatlcipatod TSt'the etose, the68 words
-
Article, Illustration407 1986-07-19 1 THREE SIA directors have made it to the ranks of the country's millionaires, thanks to the surge in share prices and greatly increased holdings in company stock. Topping the list is SIA deputy chairman Lim Chin Beng, SlA's 15th largest shareholder with 566,000 shares held on407 words
-
626 1986-07-19 1 AMY CHEOK - By AMY CHEOK LOCAL PROPERTY tycoon Ng Teng Fong is making a comeback to the Singapore stock market. Mr Ng, who heads the Far East Organisation group, is negotiating with the Metro group for its controlling 53.32 per cent stake in Transmarco626 words
-
Page 1 Advertisements
-
Advertisement156 1986-07-19 1 Nikon THE WORLD'S FINEST PHOTOGRAPHIC SYSTEM /7a\Z\J\U Spacewand Featuring arcflow shafts scientifically-designed with different flex points on each club. Available in both graphite and steel. Each club head is endowed with its own progressive centre of gravity for a more balanced swing. The MIZUNO Spacewand. Mastercrafted for total golf enjoyment.156 words
-
Advertisement227 1986-07-19 1 MONEY ft EXCHANGES RAW MATERIALS AMCRAFT SCHEDULE TV ft RADIO BRISTOW OUR VIEW FOR A SOCIETY to become more courteous, it is not enough to troin those in the service trades. Those served must leorn to occept courtesy graciously, to tolerate shortcomings and not to demand courtesy as a matter227 words
-
Advertisement5 1986-07-19 1 `@=;&/=!-`;-"??/[<{|+;'"{@(|")' BADE plans comtback, Pagt 25 words
-
Advertisement187 1986-07-19 1 Nikon THE WORLD'S FINEST PHOTOGRAPHIC The Goffer's Dream Ball A Ball With A New Energy Centre That Draws, Fade And Backspins Better Than A Balata Ball, But Don't Smile Like A Cut Balata. M 4 0 SPALDING'S It took Spalding 3: yeatr\ to develop tf"- revolutionary Zmthane t nvf an187 words
-
-
HOME NEWS
-
Article320 1986-07-19 2 LIM SOON NEO - Duty-free emporium wants to tender for Changi Airport shop By LIM SOON NEO SINGAPORE AIRPORT Du-ty-Free Emporium (Private) Ltd, which ceased selling du-ty-free goods at Changi Airport in July last year, is hoping to make a comeback. According to the latest SIA annual report, SADE hopes to320 words
-
Article, Illustration539 1986-07-19 2 CONSERVATTON is not a luxury item or a plaything for the rich and the well-settled in Europe or America. All cities need a spiritual anchor to the past or their people face cultural suicide. But in a presentation at the Urban Planning, Housing and539 words
-
148 1986-07-19 2 ANOTHER cut in the pump prices of petrol can be expected soon. Such a prospect came about when the Singapore Petroleum Company (SPC) cut the wholesale prices of petrol yesterday. It is the fourth oil company out of the six in148 words
-
111 1986-07-19 2 EMERGENCY BLOOD collection exercises, beginning with one in the Serangoon Gardens constituency next month, will be held over the next few years to familiarise the public with the procedure. Residents between 18 and 60 of all Mood groups will be invited111 words
-
362 1986-07-19 2 PARLIAMENT will sit on July 29. Issues to be discussed or debated will include HUDC prices, its financing and sale; the setting up of a casino; the granting of employment passes and work permits; the promotion of services abroad. Dr Wong Kwei362 words
-
121 1986-07-19 2 PEOPLE with lower income appear more willing to travel by the Mass Rapid Transit (MRT) system than those in higher income groups. A survey "MRT It's likely influence on travel patterns" shows that non-car owners are more willing to use the MRT than121 words
-
Article, Illustration327 1986-07-19 2 HEWLETT PACKARD is launching a new computer which is not only revolutionary, but could mean dollars for Singapore as well. Its local marketing company, HP Singapore (Sales), will begin selling the 18C hand-held calculator from Monday while manufacturing subsidiary HP327 words
-
508 1986-07-19 2 MARTIN SOONG - By MARTIN SOONG ANTENNAE maker Wave Com Ltd is looking (or a company to make its range of walkie-talkie and mobile telephone antennae in Singapore. The sub-contractor will also market the antennae in the region. The British company, which is a subsidiary of Wave Com508 words
-
Article793 1986-07-19 2 1. AT CONVENTIONAL WHARVES Vessel Berth Agent Arrival Departure KEPPEL WHARVES Auby Equator Frengchi E'tem Glory Equator 3 Honashounshan ton Battotah Jenhol Lampung V'hva Madhuri Yuheng No 2 Posir Ponjong Canopus2 Fedor Petrov Turbo Capt Sinbad Kurudhooni Niaga 39 Ocean Elite Oriente Reina Pa An Pac Samudra793 words
-
-
ASIA-PACIFIC
-
337 1986-07-19 3 FT THE US semiconductor industry is working on a "master plan" to fend off Japanese competition, according to Charles Sporck, the president of National Semiconductor. The plan is expected to call for massive government and industry funding of a joint manufacturingFT - 337 words
-
230 1986-07-19 3 AFP THE US and the European Community are to join forces in order to protect common trade interests against Japanese protectionism, French External Trade Minister Michel Noir said. This common approach is based on the observation that "a huge tradeAFP - 230 words
-
121 1986-07-19 3 AFP THE TRILATERAL Commission, made up of leading figures from the US, the EC and Japan, has proposed the creation erf target zones for exchange rate stabilisation. In a report released simultaneously in Tokyo, Washington and Brussels on Thursday, the commission said: "We areAFP - 121 words
-
Article842 1986-07-19 3 ARRIVALS Operator mmrAMK Local tWlM From SIA UA CAL QA OA UTA MK SQ1I7 UA805 0333 GA7102 GA7202 UT354I MK746 0005 0010 0315 0345 0535 0600 0755 KUL JFK/SFO/HKG TPt HLP HLP NOLI MRU MAS KAL cv MAS MAS AC SIA CPA MH681 KE624 CV796 MH811 MH671842 words
-
236 1986-07-19 3 Reuter EXISTING PROCEDURES for granting relief to US industries being hurt by competition from imports are working well and should not be changed. US Trade Representative Clayton Yeutter said this in testimony to the Senate finance committee on Thursday. He was respondingReuter - 236 words
-
Article, Illustration424 1986-07-19 3 UFI PRESIDENT RONALD REAGAN has predicted that his foreign-trade policies will cut an expected US$l6O billion annual trade deficit later this year. Addressing corporate and trade-association leaders on Thursday, Mr Reagan answered criticism that the administration had no consistent trade policy andUFI - 424 words
-
Article260 1986-07-19 3 AP THE HOUSE OF Representatives has voted overwhelmingly to reaffirm US$ll.7 billion in US government spending cuts made last March but recently thrown into question by a Supreme Court decision. A joint resolution was approved 339-72 on Thursday after Democratic and Republican leaders said failure toAP - 260 words
-
Article, Illustration356 1986-07-19 3 Reuter THE US and Pakistan have signed an agreement allowing Tgiamahnri to buy advanced technology that US officials said contained tough guarantees banning its use in Pakistan's controversial nuclear programme. The officials would not give any details of the accord, signed onReuter - 356 words
-
126 1986-07-19 3 AFP SOUTH KOREAN voters prefer the presidential government system as the form of the next government to be inaugurated under a new constitution. An opinion poll revealed yesterday that 43.3 per cent of the 1,025 eligible voters surveyed preferred the president-led government system while 19.4AFP - 126 words
-
Article89 1986-07-19 3 Reuter A TOP administration official has said that President Reagan would oppose a tax increase to balance the federal budget even if the US economy spins into a recession next year. James Miller, director of the White House Office of Management and Budget (OMB),Reuter - 89 words
-
250 1986-07-19 3 AFP CHINA'S economic reform requires political reforms, including a high level of democracy, a complete legal system and greater efficiency, a key Chinese youth said. In a speech published on Thursday, Wang Miaoguo, a rapidly rising supporter of top Chinese leader Deng Xiaoping, saidAFP - 250 words
-
504 1986-07-19 3 AFP MILLIONS of tonnes of animal offal, once destined for the bin, are being shipped to Hongkong from the West to satisfy the gastronomic demands of Hongkong Chinese gourmets. In the past decade, Hongkong food importers have been buying vast quantities of wasteAFP - 504 words
-
145 1986-07-19 3 Bernama PHILIPPINES Defence Minister Juan Ponce Enrile has said he favoured a moderate, not military, solution to the 17-year guerilla war in the country. "But if it is the wish of the national leadership to use a military solution to this problem, IBernama - 145 words
-
106 1986-07-19 3 AP THE SUBORDINATES of 1,000 leading Beijing officials have been allowed to evaluate the leaden' work in a campaign to get rid of cumbersome bureaucracy. The official Xinhua news agency said on Thursday the drive was initiated by the municipal Communist Party committee andAP - 106 words
-
205 1986-07-19 3 AFP SAVINGS were up, adequate credit was available for production, and foreign exchange reserves stabilised in the first half of this year, said the head of China's central bank. State Councillor Chen Muhua, the head of the People's Bank of China, said thatAFP - 205 words
-
-
Page 3 Miscellaneous
-
Miscellaneous72 1986-07-19 3 Doonesbury ST.AUSTEUr GOING TO THE in-THE-M/YK. rmhbmng, KXJMUST mmuep! uhereare THEY HAVING ITT UESTMNSJK ABBEY. A RETURN TO THE, TRAPmONSETBY HENRI I WITH HIS MARRIAGE TO MATUM OF SCOTIANPNIIOO. r? 313! BY GARRY TRUDEAU PRINCE ANPREHtS MLL BE THE HW PCHALUBMNG HELP IN THE ABBEY. THER&VB ALSO BEEN *7 CORONATIONS,72 words
-
-
REST OF THE WORLD
-
Article, Illustration513 1986-07-19 4 Thatcher drawing up contingency moves against Pretoria UPI BRITAIN has apparently shifted its hard-line stance against economic sanctions on South Africa in a bid to stave off a total boycott of the Commonwealth Games and the collapse of the union of former British colonies. PrimeUPI - 513 words
-
313 1986-07-19 4 Reuter THE US HAS pledged US$2.B billion over three years to the International Development Association (IDA), a World Bank agency which makes interest-free loans to the world's poorest countries. The US pledge, made at a two-day meeting of IDA'S 34 donor countries,Reuter - 313 words
-
412 1986-07-19 4 AP A TOP SOVIET official said the Kremlin would support Opec's efforts to stabilise the oil market and agree on "just" oil prices, the Kuwait News Agency reported. Konstantin Katushev, a member of the Soviet communist party's Central Committee, told the agency onAP - 412 words
-
Article241 1986-07-19 4 Reuter US DEFENCE Secretary Caspar Weinberger said the Soviet Union had halved the West's lead in technology, to six years or leas, in the past decade. "Regrettably, the Soviet programme of technology acquisition has been highly successful," Mr Weinberger said on Thursday. "The Soviet programme hasReuter - 241 words
-
Article96 1986-07-19 4 AP U THE BELGIAN government has set up a fund to compensate v crime victims and relatives of people killed In a crime. The fund would pay compensation If crimes were committed with the intent to kill, injure or damage, said Justice Ministry spokesman FrancisAP - 96 words
-
196 1986-07-19 4 Reuter THE South African government, confirming recent predictions by economists, has reduced its forecast for real economic growth this year to between L 5 per cent and 2 per cent from the previous estimate of 3 per cent. South Africa hasReuter - 196 words
-
Article213 1986-07-19 4 AP MORE THAN HALF the richest corporations in America paid no federal income tax in at least one of fiie past five years. Citizens For Tax Justice, a labour-financed research group, said on Thursday that 250 profitable giant corporations paid an average tax rateAP - 213 words
-
-
RAW MATERIALS
-
Article312 1986-07-19 4 BMGAPORE The market closed higher yesterday with August One RSS buyers quoted at 178.00 cents a kg, up 1.50 cents from Thursday. The morning session gained 1.50 on some buying support and weekend covering interest in quiet trading. Prices rose in early afternoon on short-covering following higher Japanese advices312 words
-
Article167 1986-07-19 4 WHEAT FUTURES on the Chicago Board of Trade dropped after midday on light profit-taking in a thin market on Thursday, and closed 2'/t to 5V* US cents a bushel lower. Early selling impetus stemmed from a statement hy the US Deputy Secretary of Agriculture saying USDA Secretary Lyng opposed167 words
-
Article57 1986-07-19 4 Bangkok (USS/tonn*. FOB) Whit* Rice 100% 1st doss 255 100% 2nd class 220 100% 3rd class 215 5% 10% 205 200 Broken Rice A-l Super 118 A-1 Special 115 C-l Special C-l Ofd unq unq Loonzoin Rice 100% 1st grade 100% 2nd grade XI 100% 3rd grade unq Parboiled57 words
-
Article304 1986-07-19 4 RAS prices m S c(*ti% FOB in I NOON CLOSE *-M- jinin Bwyora 5 ell en Int 1 RSS Prompt 179.00 180 00N 179.50 180.50N Int 1 RSS Aug 86 177.25 177.75 178.00 178 50 Int 1 RSS S«pt 86 177.50 178.00 179.00 179.50 Int 2 RSS304 words
-
Article105 1986-07-19 4 (cents/kg, 1-to« pollets) AUG 86 SEPT 86 (currant month) (forword month) NOON NOON RAS lnyin S«H«n Buyers Sellers SSR 20 160.50 I62 50N 161 00 163 00N SSR 50 157 50 159 50N 158 00 160 00N MRELB Buyers StNtn Buyers Sellers SMR CV 235 00 237105 words
-
92 1986-07-19 4 AFP HUGE CHINESE harvests this year will dampen proapects for US farm exports. A US agricultural department report also said that large Chinese stock-. piles of some commodities might pot China for the first time In competition with the US as an exporter.'AFP - 92 words
-
Article92 1986-07-19 4 SKUAS sort Hi prion •a Ike Keala Lemper Tie Market down twe cents to tpM Mtac raMfty, te etaee etlftl4Jl per kg fren Tfcenday. Triid tomenr Ml to sa Thersday, to spite of wttoeod geed mum by mm miners. Other* kept to the sidellan, awaiting higher prieee. Ae92 words
-
Article182 1986-07-19 4 MALAYSIAN crude palm oil prices weakened on speculative selling and buyers' reserve to the day's lows yesterday, in sympathy with the weaknew in palm oil futures and a lower Chicago soyoil futures close. India's failure to buy palm oil at its weekly import tender on Thursday also weighed182 words
-
Article140 1986-07-19 4 ChintM Product Exchange SfNffi room dosing pcvc#f Oi My IS (SI/100 kg). Coconut oil Bufc.FOB 41.00 Old drum FOB 61.00 New drum FOB 65.00 Copra Mixed (loose) 26 buyers Pepper Murrtok White FOB NLW 1137.50 Sarawak White FOB foq NLW 1122.50 Sarawak special block FOB NLW 862.50 Sarawak140 words
-
Article179 1986-07-19 4 SOYBEAN FUTURES on the Chicago Board of Trade extended mid-aearion losses on active profit-taking and prices closed mostly 6 V* to 7V« US 9ents lower on Thursday. Spot July eked out the only gain. Forecasts calling (or scattered rain and cooler temperatures in hot, dry soybean growing areas next179 words
-
Article807 1986-07-19 4 COFFEE Robusta futures closed with pared gains of £37 to £45 per tonne on Thursday as prices retreated off highs in afternoon trading. Most dealers described the afternoon reversal as no more than a pause in the strodg upside trend seen since late last week and said concern807 words
-
-
BANKING AND FINANCE
-
429 1986-07-19 5 SOH TIANG KENG - Japan and US take first and second place By SOH TIANG KENG, Financial Correspondent SINGAPORE, which boasts 200 automated teller machines per one million people, is ranked third in the world in the number of ATMs installed for its population, according to a study429 words
-
374 1986-07-19 5 FT THE NEW ZEALAND Labour government on Thursday introduced one of the most important Wwanrtai measures since coming into office with new legislation opening up the country's banking system to any financial institution which can meet the necessary criteria to operate aFT - 374 words
-
506 1986-07-19 5 Reuter AS BRITAIN'S six-month stint as the president of the European Community gets under way, expectations are fading that it will crown its tenure of office by becoming a full member of the EC's joint currency float, the European Monetary System.Reuter - 506 words
-
172 1986-07-19 5 FT WESTERN GOVERNMENTS have agreed to reschedule their credits to Cuba, which is wrestling with a shortage of foreign exchange as a result of a shortfall in export receipts from sugar and refined oil products. The agreement was reached late on Wednesday night in negotiations betweenFT - 172 words
-
183 1986-07-19 5 Reuter THE Bank of Thailand would not intervene to halt the steady rise of the baht against the US dollar, said deputy governor Chavalit Thanachanant on Thursday. The baht was fixed at 26.15 to the dollar on Thursday, its highest level in sevenReuter - 183 words
-
Article58 1986-07-19 5 Reuter A FUND created in London to encourage foreign investment on India's booming stock exchanges has received overwhelming response. Merchant bankers in Bombay said yesterday that investment trusts in Britain had indicated their willingness to subscribe fully to the £60 million India fund which openedReuter - 58 words
-
431 1986-07-19 5 AFP CHINA HAS YET to decide on how and when to abolish foreign exchange certificates (FEC), the special currency that has spawned a thriving black market. A senior Chinese banking official said on Thursday that "the departments concerned have yet to make aAFP - 431 words
-
469 1986-07-19 5 Reuter THE UNEXPECTED announcement of an accord to resolve a long-standing Anglo-Soviet dispute over repayment of Tsarist Russian bonds could open Eurobond and domestic UK markets to Soviet borrowers. Banking sources said that while bankers in the UK were unaware of any immediate SovietReuter - 469 words
-
-
MONEY AND EXCHANGES
-
Article641 1986-07-19 5 SINGAPORE The US dollar closed firmer against most major currencies in thin late trading yesterday on short-covering and position adjustments ahead of the weekend. But its sentiment remained bearish due to the sluggish US economy, which was further reinforced by Thursday's fall in June housing starts. The dollar641 words
-
Article240 1986-07-19 5 HONGKONG: The metal closed slightly lower in moderately active trading yesterday mainly on light local selling. Bullion ended at U*****.10/4O an ounce compared with New York's U*****.60/348.10 close and the USS347JO/SO finish here on Thursday. On the local market gold lost HK$5 to end at HK53,219.50 a tael. Krugerrand240 words
-
Article122 1986-07-19 5 THE OVERNIGHT rate on the Singapore interbank money market closed at 4 per cent yesterday, down 1/2 point from Thursday's close. The one-month term rate fell by 1/16 point, the two-month by 1/8 and the three-month by 3/16. S$ Interbank rotes at 7pm yesterday: Off* ltd Ov«frught 4122 words
-
Article, Illustration59 1986-07-19 5 RESULTS OF TENDER held on July 18 for 91-day bills to be issued from July 21 to July 25: Offered: $100.000.000 Appßsd far: 1233,500.000 Allotted: 1100,000.000 Accepted bids: $99.35 approximately 59 per cent, higher bids in fi^^^ allotment: 2.595 per cent per annum. Mote Mm «wry tt Mm59 words
-
Article175 1986-07-19 5 1 inTtfDanK raic Cwrsnriee W I' 1 day- Hd r— SE25 Local Mhrt to CM MMt tf fMfR US dolor Storing pound Auttraban doiar NZ dolor Canodton dolor 2.1860 3.2910 1.3964 1.1673 1.5887 2.1870 3.2947 1.3981 1.1711 1.5900 2.8196 7.3469 ***** 3 4286 ***** -22.47 •55.21 -59.27 -65.95175 words
-
Article273 1986-07-19 5 Asian market ASIAN DOLLAR deposit rates closed steady yesterday at slightly firmer opsaiag levels la quiet pre weekend trading. Short-dates aad period rates gained 1/1* point at the outset followiag a steady US federal funds rate aad a weaker US bond prices. Thereafter rates —a—. were tittle cnangeu. Most operators273 words
-
Article408 1986-07-19 5 BA Futures SEPTEMBER toilihr opened unchanged yesterday tram Thursday's CME and Sbnex closing level at 9339 but eased marginally to 9857 in thin trading. Litfe opening saw further selling prtasurt with the September contract slipping to close at the day's km of «156. Currency futures opened lower than Thursday'sBA Futures - 408 words
-
-
TIME-OFF
-
Article518 1986-07-19 6 BURPING AFTER A MEAL, it seems, can be considered good manners. The origins of this allegedly ancient Chinese custom cannot be easily traced. But there is some logic behind it. Apparently, burping is, or was, considered to be a show of appreciation. In the same way,518 words
-
Article, Illustration647 1986-07-19 6 MARTIN SOONG - By MARTIN SOONG HISTORY remains as illusion and comment, haunting and illuminating the sides of buildings in the West German port city of Bremen and in West Berlin. Photographs of this German popular urban art, comprising murals and sculpture, are now on display at two647 words
-
Article900 1986-07-19 6 What's on from July 19-25 Bbhmhb EXHIBITION: Art in the Public Realm. School of Architecture, National University of Singapore, tin 6pm. On display are pictures of public art in Bremen and West Berlin. Free. Übortiee With Liberty. American Library Resource Center. 9.30em--spm on weekdays and 9am-Ipm on Saturdays. The900 words
-
Article, Illustration92 1986-07-19 6 COUNTER-TENOR Tay Cheng-Jim (inset) and pianist Cheung Mun-Chit (abova) will ghre a performance on Thuraday at tha DBS Auditorium. Sinca his debut as a aoloiat with tha London Symphony Orchaatra at tha Royal Faathral Hall in Leonard Bernstein's Chicheeter Pealms, Chang-Jim haa acquirad a reputation92 words
-
Article297 1986-07-19 6 THE CHINESE OFFICIALS from Sinochem, a trading company in China, were supposed to give a press conference at the end of their visit to Singapore this week. The reporters could not And them at the VIP lounge of Changi Airport, where the interview was to have297 words
-
-
Page 6 Miscellaneous
-
Miscellaneous792 1986-07-19 6 CRYPTIC PUZZLE ACROSS 9 Is o dresser, as it proves (5. 3) 10 It's spring sun, father (3) 11 Show over, having left one inside (6) 12 Getting money back is something new (6) 13 Joined one inside when one exercised (7) 14 What you saw in the kitchen cupboard792 words
-
-
SPORTS
-
Article, Illustration630 1986-07-19 7 AP ONLY WELSHMAN lan Woosnam could match par with a 70 on Thursday in the opening round of the 115 th British Open golf championship on Turnberry's treacherous Ailsa course in biting cold and howling wind. His feat surprised even himself. "I didn't expect to shootAP - 630 words
-
459 1986-07-19 7 WALTON MORAIS - By WALTON MORAIS VINCENT LEE, using a tougher mental approach, fired a one-over-par 73 to hold a one-stroke lead after the opening round of the Sentosa Open invitation golf championships at the Serapong course yesterday. The two-handicapper holed four birdies but459 words
-
200 1986-07-19 7 Reuter THE US reached Sunday's final of the World Basketball Championships with a 96-80 semi-final win against Brazil on Thursday. The Americans, beaten by the Soviet Union with a winning basket in the last seconds of the 1982 championships, face the winner of Thursday'sReuter - 200 words
-
218 1986-07-19 7 Reuter SWEDEN aims to end a lean spell against Italy in the Davis Cup when they clash in their world group quarter-final tennis tie starting today in Sweden. Sweden's non-playing captain Hans Olsson is in the happy position of beingReuter - 218 words
-
600 1986-07-19 7 BRIAN MILLER - By BRIAN MILLER SINCE OPTING TO GO free lance two months ago, jockey K C Ng has been experiencing a definite change of luck. The winners have been coming with amazing regularity and right now, the young600 words
-
Article314 1986-07-19 7 (British unless stated): 71 lan Woosnam 71 Nick Faldo, Gordon Brand Sr, Robert Lee, Anders Forsbrand (Swe). 12 lan Stanley (Aus), Andrew Brooks, Sam Randolph (US), Bernhard Langer (WG), Ron Commans (US), Derrick Cooper. 13 Richard Masters, Vaughan Somers (Aus), Gary Koch (US), Greg Turner (NZ). 14314 words
-
Article, Illustration558 1986-07-19 7 UPI GOING HOME sometimes can be the hardest thing to do. Harder, sometimes, than standing on centre court to play for the championship of Wimbledon or the US Open, harder than it is to be forever focused in a glaring spotlight. Just how difficultUPI - 558 words
-
-
Page 7 Advertisements
-
Advertisement8 1986-07-19 7 U)i£aon Ultra. It'll change the way you play8 words
-
-
Page 7 Miscellaneous
-
Miscellaneous1184 1986-07-19 7 to m [asMT) STARS OF YESTERYEAR The Third Man UOpm, Channel 12 Orson Welles (left) and Joseph Cotton star in this 1949 murder mystery about an American writer who arrives in Vienna to take up a job with a friend whom he finds has been murdered. Puzzled, he sets out1,184 words
-
Miscellaneous32 1986-07-19 7 sorkv TO spiy this, jtm, But rne Fun hpvs gong oot of this JOS do N/oo Remern6eß umsm ljc young rnd FoOUSM RND ONU/ MGLD OJ ov/ "THB SKJM OF OUfc P32 words
-
-
INTERNATIONAL STOCKS
-
263 1986-07-19 8 Reuter LTV CORP has listed total debts of US$4.2 billion and assets of US$5.9 billion in its Chapter 11 bankruptcy filing. A spokesman for the company said on Thursday that the debt included US$2.2 billion in long-term obligations, US$5OO million in revolving credit, US$6OOReuter - 263 words
-
225 1986-07-19 8 Reuter AMERICAN EXPRESS Co aid a 156 per cent Jump in second-quarter 1986 profits from the same year-ago period included record performances by all four of its industry segments. American Express on Thursday reported record second-quarter net income of US$359 million, compared with USSMO millionReuter - 225 words
-
337 1986-07-19 8 Reuter THE NEW YORK stock market staged a moderate advance for the second consecutive session on Thursday although continued weakness in shares of IBM and a major bankruptcy in the steel industry left a few scars. Pharmaceuticals posted sharp gains aided by betterReuter - 337 words
-
Article142 1986-07-19 8 JULY 17 a Imp Oi O A tnco 35* 15* 42 mdi unch -I* AMU 22* V* lu M 19* 15* unch Ale on Aigoma 14* 16* LoWow B 12* Bark Of Montreal M Canada 32 37* unch Mc BkxW 35 28* Bp Rtutfcii Brascan a A Canotfan Imp142 words
-
Article231 1986-07-19 8 JULY 17 Tnat Bk On Stool 127 55 1200 Mich mch unch from Grp 2350 100 4HHQ5 A Alpha MDUS1WALS 102GB unch unch 25 An0o» Angvaal 5100 *****6 1815 7550 100 40 75 100 100 Ab«ccom A«ci 250 1200 Btjvoof BuH«k Amaprap AMIC 406 4475 unch 125 Chart* Cam231 words
-
Article623 1986-07-19 8 JULY 17 Alcan Ahnwi Alcoa us* 28* 34% Alag M 19* unch AM Sg 38* AM StOTM 46* AltOiakMn 4* Am Brandi he 92* 1* Am Can Co 85 9* Am Cyananad 72* Am EWc Pwt 29 Am Expraw 58* Am Homo Mod 86* Am Melon Cp 4623 words
-
Article837 1986-07-19 8 Amsterdam JULY 17 Fb AM 604.00 undi Atfow 103.00 -0.4 Ahold 90 JO undi Ak» ***** 4-0 1 AtMg 152 30 inch AMEV 78.70 4-0.4 Am M 109.20 4-0.2 Au Stod 123.00 uidi Baikal 40.70 -0.2 Bomanij 900.00 -2 Buatvman T« Narad*... 219.00 +2 Clrfwa 670 00 nidi837 words
-
-
Page 8 Advertisements
-
Advertisement485 1986-07-19 8 V, ii Wmst wire, Mm Treasures erf the sea The majestic Pine Court restaurant specialises in Beijing cuisine. The menu features 156 items, many of which are seafood delicacies. Among the most popular are braised Deche-de-mer, fried scallops with bamboo shoots and deep-fried shrimps on toast with sesame seeds. But485 words
-
Advertisement129 1986-07-19 8 ){]&*"|!={_^>^-_@:@/-';\~^::`;& GWhCEHDm. Managed by Prince Hotels Japan Continuing the Prince Hotels tradition of friendly service 270 Orchard Road, Singapore 0923. Telex: RS ***** HCROWN Cable CROWNHOTEL Fa* *****18 Tel: *****11 6am 2am Daily Z*\ •Hi Tuck into a sumptuous spread of local tavourftee! Every SUNDAY at Ssatoraaia OFFEE HOUSE from129 words
-
-
ASIAN STOCKS
-
Article345 1986-07-19 9 HONGKONG: Share prices closed mixed in moderately active trading yesterday with fresh (actors absent, brokers said. The Hang Seng Index dipped 0.11 to end at 1,759.60 points but the Hongkong Index improved 0.24 to 1,098.84. Turnover was HK5329.59 million compared with $287 million on Thursday. Properties attracted considerable interest345 words
-
Article199 1986-07-19 9 JULY IS Afl SfKirt bdui NT 200 Kuochan D*v Lm Chang Yuan 22 00 33.501 -0.1 +0.1 26.30 -0 1 12.75 +0.15 31.30 +0.1 Nan Ya Pta* 38 10 +0 1 Chang Hm Bank 43.80 27.20 -0.4 +0.5 Nat Invactmant 381 40 -3.8 24 90 +0 1 20.80 Owl199 words
-
Article412 1986-07-19 9 TOKYO: Prices yesterday closed sharply higher on widespread buying, brokers said. The market average closed 113.21 points up at 17,838.84, below the record 17,882.80 set on July 15, after touching a peak of 17,901.09 in the afternoon. Turnover was a heavy 1,250 million shares compared with 750 million on412 words
-
Article98 1986-07-19 9 Reuter BANGKOK: The Securities Exchange of Thailand Index yesterday improved 0.02 to 138.76. Turnover amounted to 471,683 shares valued at 103.8 million baht. JULY IS SStan..::::: Pmm 0 0012 unch Onantal B Phi Ovwtaoi PMox B 0.015 0.017 0.25 +0001 inch unch Ap«x Mrmq B Artcn Con. B Bogu»Reuter - 98 words
-
Article421 1986-07-19 9 SYDNEY: Australian share markets closed firmer across the board in thin trading yesterday, buoyed by demand among quality industrial issues and a stronger mining sector, brokers said. Near the close, the All Ordinaries Index was up 3.5 points to 1,130.4 and the All Industrials rose 4.6 to 1,803.0. The421 words
-
Article106 1986-07-19 9 JULY la Waa 1840 10 Kangwan M Kjo Molar Koion M 1130 1990 2020 -15 10 -20 Du«>n*ir>d r 661 1007 -19 ♦2 -6 68 30 8 -20 Koraa Lang Tarm Lucky Lid 1580 1499 -35 •6 Ooawoo Corp Doawoo Heavy Dang Ah Phar Dang S»ock Dongbu S(mI Gold106 words
-
Article118 1986-07-19 9 JULY M 1 Ao Kham Thai UM Sum Camant Sam Ou«n» S<om Otaan* Ua«ng 555 «**P Map •2 Ayudhya kwMtmtnt Bangkok AfoN Bangkok Bank 145 35 30 184 unch -1.5 -3 Sam Oty Cwm Sam Commaraai 576 +22 Bam Of AnAro Charoong Thai Win 119 293 120 mch -4118 words
-
Article53 1986-07-19 9 Reuter CHEUNG KONG Holdings Ltd has bought for resale 66 flats from Hongkong developer Regenthill Co Ltd for HKlllB.million. A Cheung Kong Spokesman yesterday said that the flats are in two buildings on the south side of Hongkong island. Regenthill is a consortium of developersReuter - 53 words
-
291 1986-07-19 9 Reuter INDIA'S Finance Ministry has given state-owned companies permission to finance expansion projects by issuing tax-free bonds whose interest rate and life the ministry will decide on a case-by-case basis. Investors also need not disclose the source of their funds for the investment. MonetaryReuter - 291 words
-
218 1986-07-19 9 AFP AN ADVISORY panel has recommended that the Japanese government sell 200,000 Nippon Telegraph and Telephone Corp (NTT) shares to the public through competitive tenders. In a report submitted to Japanese Finance Minister Noboru Takeshita, the Central National Property Council said that theAFP - 218 words
-
116 1986-07-19 9 AFP HUDBAY OIL (Malacca Straits) Ltd has found oil in its offshore Malacca Straits concession 185 kilometres west of Singapore. A spokesman for the state oil company Pertamina said yesterday that the MSGB-1 exploration well flowed at a rate of 8,450 barrels a dayAFP - 116 words
-
140 1986-07-19 9 AP GENERAL MINING director Sutaryo Sigit has threatened to revoke the coal mining rights of 20 companies in the south western Sumatra province of Bengkulu for failure to carry out their contracts. The Jakarta Post on Thursday quoted Mr SutaryoAP - 140 words
-
-
Page 9 Advertisements
-
Advertisement188 1986-07-19 9 %i)/^ s®? M £1 WSiere to wiae, iiae and eatortoia J^l Y&rietv. With Quality Our famous Nonya Buffet Lunch and sumptuous Buffet Dinner are great value for your money Only 14++ per adult and $B++ per child for a delightful meal. Or select your favourite dishes from our a la188 words
-
Advertisement121 1986-07-19 9 I ft 4 V 0 übertiuf (&rill Hooray for Sundoyl Sunday Brunch at the Hubertus Grill. Make it an occasion fcx the whole family. Sausages, bacon, oysters, snnoked salmon, tasty entrees.. right through to pastries, puddings, fruit salad and cheeseboard. Sunday Brunch: 11 am 2.30 pm. $24 for adults. $12121 words
-
Advertisement220 1986-07-19 9 Discover a whole new experience TAKE FIVE IK rn 011 tk W h 0f Relax over the finest drinks Savour the most tender juicy succulent steaks Enjoy stunning performances by top local international artistes Business Hours Mori Thur: 12pm to lam Fri, Sat Eve of Public Holidays 12pm to 2am220 words
-
Advertisement149 1986-07-19 9 ooinjeGs THE MOST WONDROUS BUFFET LUNCH IN TOWN Enjoy a gourmet buffet luncheon at an ungourmet prloel For starters. take your pick of our cold dishes prawns on toe. fresh oysters, smoked salmon, melon and dried ham. vegetable terrtne. mixed secitbod salad, cooked assorted wegetabtos and homemade dressings Select your149 words
-
Advertisement149 1986-07-19 9 JJ TOP'BANDS flaybettsWW Mo****"* Band from phiUppilMS HOT DISCO COUNTRY SENTIMENTAL POP ROCK* and you name it!! Singapore's very own dynamic trio f (MubligkterS Led by Larry Fenton known to music lovers as "The Blue Diamond". A really fine trio to look out for! Happy Hours: 5 7pm Buy one149 words
-
-
SHARE INFORMATION
-
Article, Illustration4136 1986-07-19 10 SHARE PRICES ended mixed with a slightly easier tone on the Singapore stock exchange yesterday, as investors and punters squared their books ahead of the weekend. Profit-taking pared the recent gains scored by major trustee stocks, notably SPH. ICS, DBS and UOB, although4,136 words
-
Article245 1986-07-19 10 SINGAPORE .Rites Lwfcmb M S0« 155 Caraba* iOt 324 Pa* Hm 192 Jadv h* 125 M Muat 376 Umm CM 231 BAT 22$ 189 Km 102 H Laaag Cm* 346 CaU S*ar« l<* 334 Fl M 735 MMSOi 229 Falls 15 12 12 II 10 ♦7 ♦7245 words
-
Article2862 1986-07-19 10 BID and offer price* officially listed and in and reported to the Stock Exchange at Singapore yesterday with the number of shares traded shown in brackets In lots of 1,000 units unless uthawlse specified. All Time Settlement Contracts are quoted after the word "SETT". Big2,862 words
-
-
Page 10 Advertisements
-
Advertisement21 1986-07-19 10 KL market report, Business done on the KLSE, Page 11 Training improves your Kan Let BT show you how every Wednesday.21 words
-
-
COMPANY NEWS
-
Article, Illustration297 1986-07-19 11 RAMESH CHANDIRAMANI - 8DIM? IpAOf By RAMESH CHANDIRAMANI EVEN before May 2, when the CPF share investment scheme came into effect, this columnist had tried to provide readers with as many interesting trustee stock chart readings as was possible, space permitting. The idea was to identify the so-called297 words
-
Article271 1986-07-19 11 MonoMrs' priccs for jJy 19 21 Singapore Unit Trust The Commerce 0 84 0 90 The Savings Fund 0 75 0 81 S pore Prog Fund 0 36 0 39 S'pore See Fund 0 60 0 65 .S'pore Invest Fund 0 56 061* S'pore Equity Fund 0 42271 words
-
Article103 1986-07-19 11 HONGKONG Hongkong Index Friday 1098.84 Thursday 1098 60 Week ago 1074.10 Hong Seng Index Friday 1759.60 Thursday 1759.71 Week ago 1721.69 TOKYO Nikkei Average Friday *****.84 Thursday *****.63 Week ago *****.77 TSE Index Friday 1396.58 Thursday 1384.18 Week ogo 1375.15 SYDNEY All Ordinories Friday 1130.4 Thursday 1126.9 Week103 words
-
194 1986-07-19 11 THE DEVELOPMENT A Commercial Bank Bhd has applied to the High Court in Kuala Lumpur to auction three pieces of land belonging to former Bumiputra Malaysia Finance (BMF) chairman Lorrain Esme Osman to recover more than M 533.3 million owed194 words
-
Article53 1986-07-19 11 AMBASSADOR HOLDINGS Ltd has agreed at a board meeting on July 17 to Mr M B Gathani's request that (or personal reasons, his notice period and his resignation as managing director be shortened to take effect from July 8. Mr Gathanl will remain on the board with no53 words
-
320 1986-07-19 11 SHARE PRICES drifted to a mixed close in lethargic conditions on the Kuala Lumpur stock market yesterday. Trading progressed at a leisurely pace as dabblers showed no urgency throughout the day. Some light buying was registered in early trading but fol-low-through was320 words
-
Article876 1986-07-19 11 SHARE PRICES opened quietly mixed in London yesterday but with a slightly firmer bias. At I.oopm, the FT 30 Index was down 11.8 points at 1,306.0 while the FTSE 100 was down 15.1 points at 1.594.2. On Thursday, The FT 30 closed at 1,316.8, up 10.5 points while876 words
-
489 1986-07-19 11 NAJEEB JARHOM - By NAJEEB JARHOM JACK-CHIA MPH has confirmed that it made a conditional offer to Ong TJin An and his family to acquire a controlling stake in International Trust 4 Finance. But the offer, made after confidential negotiations, has been withdrawn, the company told the489 words
-
410 1986-07-19 11 A HEFTY PROVISION of M 526.06 million for diminution in value of investments has driven Pan Malaysia Cement Works (PMC) into the red at the attributable level to the tune of M 520.94 million against bottomline profits of M 524.42 million previously. PMC,410 words
-
Article1933 1986-07-19 11 BID and offer prices nfflrUlly listed and business in and reported to the Kuala Lumpur Stock Exchange yesterday, with the number at shares traded Aown in brackets in lots ot 1,000 units unless otherwise specified. MUSTRMLS Acmo (5) 166(5) 165 xd Ataasts C 2908 310S)1,933 words
-
Article163 1986-07-19 11 JOHAN HOLDINGS Berhad: 61st AGM at Bouganvilla 2, 1st Floor, Petaling Jaya Hilton, Jalan Barat, Petaling Jaya, Selangor, on Monday, July 21, at 11am. FIMA METAL BOX Berkad: 11th AGM at the PJ Hilton Hotel, Jalan Barat, ***** Petaling Jaya. Selangor, on Tuesday, July 22, at 9.30am. METRO163 words
-
-
Page 11 Advertisements
-
Advertisement338 1986-07-19 11 NOTICES i>" Kf.\ lOCM *1 < 3 PTE. LTD. (la At an Extraordinary General Meeting of the member* of the abovenamed company duly convened and held at 11 Upper Circular Road, Singapore 0106 on 14th July, 1986, the special resolutions set out below were duly passed:Resolved that the company be338 words
-
Advertisement356 1986-07-19 11 IN THE MATTER OF THE COMPANIES ACT. CAP. 185 AND IN THE MATTER OF PRECISION WATCHCASE PTE LTD (In Members' Voluntary Liquidation) NOTICE OF FINAL MEETING NOTICE IS HEREBY GIVEN pursuant to Section 306 of the Companies Act. Cap 185. that a Final Meeting of the Members of the abovenamed356 words
-
-
467 1986-07-19 12 BOEY KIT YIN - By BOEY KIT YIN SINGAPORE IS increasingly being used as a venue by China's trade associations and economic agencies to conduct business transactions. The latest is a 30-member delegation from Shanghai who will hold a fair from July 21 to 30 at the Riverview467 words
-
312 1986-07-19 12 PROPERTY DEVELOPER Ho Kok Cheong yesterday had a winding-up action against 11 of his companies adjourned a further three months by the High Court. A 12th company, Irama Hotel ft Restaurant Pte Ltd, paid $73,000 to the Comptroller of Income Tax. Saving the day312 words
-
Article115 1986-07-19 12 AFP TAIWAN has agreed to lower tariffs on all textile and apparel items to strengthen its bargaining power in next month's Tai-wan-US trade talks. A Taiwanese official said yesterday that the authorities were preparing to cut import duties on apparel from the highest 67.5 per centAFP - 115 words
-
Article533 1986-07-19 12 Stock Price* on Price on Price on Weekly ■yj Moy2<$) July 11 July 1B change($) INDUSTRIALS Acmo 0.86 Vi 1.21 1.35 +0.14 +56.1 AU W UAUumm 1 OS i **n amx noioings 1 .ZJ 1 Jv BAT 1.45 1.89 1.89 unch +30.3 Cyde Corrioge 0.99 1.56533 words
-
Article291 1986-07-19 12 TRUSTEE STOCKS not only hogged the limelight on the Singapore stock market this week but were active on the corporate front too. Most CPF stocks closed the week higher in line with the slightly firmer tone registered by the overall market. Unlike local individual investors, foreigners291 words
-
242 1986-07-19 12 THE HIGH COURT ordered yesterday the winding up of stockbroking company Lin Securities. Three banks, Oversea-Chi-nese Ranking Corporation, Bank of Singapore and Four Seas Communications Bank, had petitioned the High Court to wind up the company. The banks took out the action after Lin242 words
-
290 1986-07-19 12 AP THREE TOP contenders for Yasuhiro Nakasone's premiership of Japan have agreed to ask him to remain in office after his current term ends in October, officials have said. The three senior members of the ruling Liberal Democratic Party Foreign MinisterAP - 290 words
-
Article91 1986-07-19 12 AFP THE JAPANESE economy showed signs of stagnation in June largely owing to the yen's sharp appreciation. The Economic Planning Agency said in a monthly report yesterday that investment in the manufacturing sector had been sluggish in June due to the deflationary effects of the highAFP - 91 words
-
115 1986-07-19 12 SOUTH KOREA will raise its 1966 economic targets after recording its biggest-ever monthly current account surplus in June. The Bank of Korea said that the current account surplus had reached US$5O6 million for a total surplus of US$6O3 million in the first half. This115 words
-
194 1986-07-19 12 Reuter CHINA announced yesterday another large trade deficit in spite of tight import controls, but said that its foreign exchange reserves were stable. Zhang Zhongji, a spokesman for the State Statistical Bureau, told reporters that customs figures showed a deficit of U556.37 billion inReuter - 194 words
-
145 1986-07-19 12 AP, Reuter MEMBERS of Prime Minister Yasuhiro Nakasone's Cabinet yesterday discussed "institutional aspects" of Japan's possible participation in the US Strategic Defence Initiative, and news reports said they had decided to let private companies, rather than government institutions, take the key role.AP,; Reuter - 145 words
-
Article88 1986-07-19 12 Reuter COMEX GOLD FUTURES opened weaker in quiet and thin trading yesterday as tame inflation kept the metal on the defensive, floor analysts said. Gold for August delivery opened 40 cents weaker at U*****.30 an ounce and remained there early. Silver futures slipped slightly in earlyReuter - 88 words
-
Article64 1986-07-19 12 Reuter WALL STREET stocks declined slightly in early morning trading yesterday as many of the bargain hunters that supported Thursday's market remained on the IBM, which was up most of Thursday before a late afternoon decline, remained lower in early trading. The Dow Jones Industrial Average fellReuter - 64 words
-
LATE FILE
-
Article53 1986-07-19 12 Bernama MALAYSIA and Indonesia yesterday agreed that their security and that of Singapore was vitally important to ensure regional stability. The view was i ipi issi J by Malaysian Defence Minister Datuk Abdullah Ahmad Badawi and Indonesian Armed Forces Chief General LB Moerdani during discussions inBernama - 53 words
-
Article46 1986-07-19 12 AFP AUSTRALIA looks likely to miss out on becoming an Asia-Pacific financial centre. Robert DOenschneider, president of Hill and Knowlton Inc., a US-based international public relations company, said Sydney was not grasping its opportunity to become a world financial and communications centre.AFP - 46 words
-
32 1986-07-19 12 UPI CANADA has agreed to finance a US$B.74 million feasibility study on building the world's largest hydroelectric project, the Three Gorges dam, on China's Yangtze river. UPIUPI - 32 words
-
57 1986-07-19 12 AFP NINETEEN coal mines in Taiwan have been ordered to shut down after failing to meet official safety standards. Li Feng-Chi, director of the Taiwan Provincial Bureau of Mines, said a series of strict inspections had begun last year after three accidents in 1964AFP - 57 words
-
Article38 1986-07-19 12 AP A REPORTED out-of-court settlement on the repatriation of his Swiss holdings was revoked by former Philippine President Ferdinand Marcos before it was made public, according to a Zurich district attorney's office spokesman APAP - 38 words
-
Article46 1986-07-19 12 AP THE INDIAN government yesterday condemned "recent acts of terrorism" by Sri Lankan security forces against members of the Tamil minority, particularly the alleged massacre of CO Tamil dvQians on Thursday by the military and national guards in eastern Trincomalee district. APAP - 46 words
-
27 1986-07-19 12 UPI THE CHINESE authorities have detained New York Times' Beijing bureau chief John Burns on suspicion of "gathering intelligence information and espionage".UPI - 27 words
-
-
Page 12 Advertisements
-
Advertisement346 1986-07-19 12 NOTICE NOTICE IS HEREBY GIVEN that, I Lee Kian Lam of No. 25 Moonbeam Terrace Singapore 1027, have applied for a Retail Liquor Shop licence in respect of premises at M/s Sin Aik Seng Mini Mart 24 Jalan Kelulut Singapore 2880, and that this application will be heard in Court346 words
-
Advertisement8 1986-07-19 12 Savings ross in first six months, Pags 38 words
-
Advertisement93 1986-07-19 12 the Sevvy Way BT is not all hard core business and financial news. We take "Time-Off' and "Sports" rather seriously too. Our writers comb the sporting arena to furnish two lively pages with the latest sports, leisure and arts news for the well-informed professional. Commmentaries by our staff and national93 words
-
-
Page 12 Miscellaneous
-
Miscellaneous46 1986-07-19 12 Outlook for todoy: Fair. Roport for 24 hours prior to 7.30pm on July 18 ot the airport: Maximum temperature 33.1 Associated humidity 57 Minimum temperature 26.2 Associated humidity 92 Hours of sunshine 10.80 Roinfoll in millimetres ml Roinfoll this month 31.8 Rainy days this month 546 words
-