The Business Times, 18 October 1986
1986-10-18
1
12
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The Business Times
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Title Section12 1986-10-18 1 BUSINESS TIMES M.C. (P) No. 192/12/85 SATURDAY, OCTOBER 18, 1S8« 75 CENTS12 words
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Article, Illustration227 1986-10-18 1 STOCK MARKET SINGAPORE share prices closed mixed yesterday as investors decided to take profits. The Straits Times Industrial Index, down 5.36 points at midday, fell 5.67 points to 902.20. The BT Composite Index shed 4.84 points to 782.34 after losing 4.76 points at noon. Total turnover fell227 words
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289 1986-10-18 1 THE CHAIRMAN of Time Inc Magazine Group, John A Meyers, has sent a telex to the Prime Minister expressing hope that publication of a letter correcting an article which appeared in the US weekly magazine last month would "resolve the issue289 words
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Article167 1986-10-18 1 Bernama FORMER Malaysian Overseas Investment Corporation managing director Mohamad Abdullah Ang was ordered by the Senior Assistant Registrar of the Kuala Lumpur High Court yesterday to pay M 531.2 million to Bank Bumiputra Malaysia Berhad. Choong Siew Khim made the order in chambers following anBernama - 167 words
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225 1986-10-18 1 MORE THAN 250 businessmen, bankers, stockbrokers, lawyers and accountants will be attending today's conference on the Securities Industry Act organised by the Institute of Banking and Finance at the Shangri-La Hotel. The implications of the Act and its impact on the stock market, the stockbroking225 words
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Article, Illustration628 1986-10-18 1 SOH TIANG KENG - MAS prepared to take tough action By SOH TIANG KENG, Financial Correapondent SPECULATORS who prey on the local dollar were warned yesterday that while the Monetary Authority of Singapore "rules with a light hand," it was prepared to take tough action against them.628 words
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Article53 1986-10-18 1 AP MALAYSIA will open its first trade office in Taiwan soon. Foreign Minister Rais Yatim told Parliament yesterday that the trade office would be headed by a trade attache from his ministry, Hanaflah Roslan Malaysia has full diplomatic relations with China, and only trade relationsAP - 53 words
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426 1986-10-18 1 FOO CHOY PENG - By FOO CHOY PENG, Chtof Reporter SOME $440 million will be spent by the government to build civil defence shelters for new Housing and Development Board projects over the next five years. Starting next year, tenders for new HDB contracts will incorporate426 words
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Article, Illustration456 1986-10-18 1 THE SINGAPORE International Monetary Exchange intends to take advantage of the integration of the foreign exchange, money, capital and futures markets to boost its business. This was stated yesterday by Simex chairman, Mr Ng Kok Song, who predicted456 words
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Page 1 Advertisements
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Advertisement143 1986-10-18 1 Nikon THE WORLD'S FINEST PHOTOGRAPHIC SYSTEM r cp^ m K a? WORLD'S FIRST CERAMIC WHISKER AND CARBON COMPOSITE HEAD OVER s°o GREATER CARRY Superior responsiveness plus unmatched durability. Without the need for a separate clubtace insert, there is no loss of internal energy when the club comes in contact with143 words
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Advertisement313 1986-10-18 1 Mlalal—fa Ministry s rtpiy vo BTt editorial, Pag* German musical delights AN EVENING OF good German music is coming up tomorrow when a group of five musicians perform at the Goethe-Institut. Two sopranos a British and an American a pianist cum harpsichordist, a hornplayer and a clarinetist present an eclectic313 words
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Advertisement88 1986-10-18 1 Nikon THE WORLD'S FINEST PHOTOGRAPHIC SYSTEM w 41 *>r At Banque Indosuez, we turn challenges into opportunities. We have applied our expertise in Treasury, Foreign Exchange and Capital Markets and have designed new products, techniques and strategies to help you cope with increasingly complex and difficult currency and interest rate88 words
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HOME NEWS
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Article450 1986-10-18 2 JAIME LYE - STPB gathers team to work on conservation of buildings By JAIME LYE MORE THAN $11 million will be spent on restoring the Empress Place Building as part of a conservation project involving the buildings in the Heritage Link. The Singapore Tourist Promotion Board has450 words
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114 1986-10-18 2 LEASE FINANCING of office/ shop equipment (excluding computer and related assets) accounted for the largest segment, 15.2 per cent, of the leasing market last year. But its share was lower than 1984's 17.13 per cent when it overtook construction machinery as the most popularly114 words
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498 1986-10-18 2 ANNA TEO - By ANNA TEO A DECISION by an American supplier of the printed circuit board (PCB) industry to make Singapore its Asian base has led to the establishment of the first epoxy glass laminate plant in Singapore. Nelco Products Pte Ltd will498 words
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Article901 1986-10-18 2 AT CONVENTIONAL WHARVES YmnI BMK li Arrival Departure KEPPEL WHARVES Eastern Fuji G StIotaM Hoe Ann nuyiMvtivu Trara Bay Artois Auby Bangtar Mrta Buider 3 Frotasantos Lionhuashon L Petaing 2 Mergui Straits Hop* K27 K17 <28 K19 K9 K16 K25W K18 K22 K30 K15 K19 K12 K24E901 words
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290 1986-10-18 2 EIGHT SHOPS and kiosks in People's Park Complex were snapped up in active bidding at a mortgagee property auction yesterday. The sold units, once owned by property developer Ho Kok Cheong, netted a total of $2.1 million but auctioneers Knight290 words
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Page 2 Miscellaneous
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Miscellaneous745 1986-10-18 2 CRYPTIC PUZZLE ACROSS 9 Not enough reason for being rejected as a basket-ban player (3, 6) 10 What it constitutes for the weevil? (9) 12 Concentrating on getting a goal (4) 14 How the dentist works incessantly who does extractions only? (7) 15 "Pull up," you say, "and put it745 words
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Miscellaneous1152 1986-10-18 2 SATURDAY NIGHT MOVIE The Pmigt 11.25pm, Channel 5 Set in World War N, this is the story of on unsympathetic shepherd guide who helps an escaping famous American scientist, his id wife and their children flee over the Pyrenees with a fanatic Nazi officer in hot pursuit. Anthony Quinn Oeft),1,152 words
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ASIA-PACIFIC
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Article241 1986-10-18 3 Bernama A COMPREHENSIVE Philippine economic programme has emerged as a crucial item in the planned state visit of President Carazon Aquino to Japan next month. The Business Bulletin in Manila yesterday quoted leaders of the ruling Liberal Democratic Party (LDP) to which Prime Minister YasuhiroBernama - 241 words
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164 1986-10-18 3 Bernama THE JAPANESE government is seeking new ways of providing assistance to the developing countries, especially those in Asia, under a more effective cooperation, as Japan is enjoying a large surplus. This was stated by Indonesian Junior Minister for the Promotion ofBernama - 164 words
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Article137 1986-10-18 3 Reuter SECRETARY for Monetary Affairs, David Nendick, said a call by a senior US Commerce Department official for the British colony and other Asian states to adjust their currencies against the dollar was simplistic. He said the colony had not been asked to revise theReuter - 137 words
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304 1986-10-18 3 AFP CHINA WANTS the Soviet Union and the United States to maintain their dialogue, despite the failure of their talks last weekend in Reykjavik. Hu Qili, a member of the Chinese Communist Party's politburo and central committee secretariat, also said that the Soviet Union'sAFP - 304 words
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Article, Illustration248 1986-10-18 3 Bernama THE PHILIPPINE government will not liberalise some of the remaining 54 sensitive items included in the 137 products originally scheduled to be allowed entry since April 30. TYade and Industry Minister Jose Concepcion said yesterday that the government "will elect for a defermentBernama - 248 words
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571 1986-10-18 3 Reuter AS JAPAN runs up ever higher trade surpluses with the US, some economists in Tokyo are complaining that the figures tell only half the story. They say that if Japan's huge purchases of US debt, reed estate and companies are includedReuter - 571 words
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257 1986-10-18 3 UPI WHOLESALE PRICES in Japan dropped a record 11.8 per cent in September from a year ago due to the yen's rise and cheaper oil, but prices of imported goods posted the first month-to-month rise in 20 months. The Bank of Japan saidUPI - 257 words
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Page 3 Advertisements
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Advertisement120 1986-10-18 3 It's the match of the year! See professionals women from the Carlsberg Singapore Women's Open Tennis Championships pit their skills against amateurs in our local circuit. In Singapore's first- ever EPSON Pro-Am tournament! What's more, you may even end up with a solar-powered watch when you attend the matches. So120 words
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Page 3 Miscellaneous
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Miscellaneous49 1986-10-18 3 Doonesbury HELPkt rrSTOOIATB,9K. mom wmwrnHAs SMAKB& CHAN6£DSiNCe \WNMW yotteK&Gae. mm i ur?. m UiZ m m Kflsl 5*J if BY GARRY TRUDEAU. m rjsi fsr I 7X I Si I fyc HEY.PPYOU YEAH, TURNED GUKKNOUJ hell. the House uas PONT 2ff> 9JRROUNPBP LDS6 ANY x' v WA <£Z2l ss49 words
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REST OF THE WORLD
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517 1986-10-18 4 Senior business executives show confidence Reuter TOP US BUSINESS executives believe the economy will enjoy at least two more years of moderate growth, according to a survey released on Thursday. The survey, conducted by the Conference Board, a private business research group,Reuter - 517 words
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Article254 1986-10-18 4 Reuter US INDUSTRIES increased production by a weak 0.1 per cent in September, the Federal Reserve Board said, offering no sign that the economy would improve growth soon. The rise followed an identical 0.1 per cent gain in August, the US central bank said. TheReuter - 254 words
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252 1986-10-18 4 AFP CHANCELLOR of the Exchequer Nigel Lawson said on Thursday that the decline in oil prices had made the fall of sterling necessary, although there were "clearly limits to the necessary and desirable extent of that fall". Speaking at theAFP - 252 words
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406 1986-10-18 4 THE SOVIET economy is set to achieve its targets for the first year of the 1906-1990 plan, Judging by results of the past nine months, the ruling politburo heard. Thursday's report said national income (roughly equivalent to gross national product) rose by406 words
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Article208 1986-10-18 4 AFP A CONFERENCE of economy and planning ministers of the Economic Commission for Africa (ECA) wound up in Addis Ababa on Thursday after approving what it called the "general framework" of a regional programme worked out for the continent by the UN Development Programme (UNDP). TheAFP - 208 words
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Article857 1986-10-18 4 ARRIVALS Operator Same* number Lftfd tint* From SIA SQI17 0005 KUL UA UA805 0010 JFK/SFO/HKG CAL Q333 0405 TPE SIA SQ4I 0615 MAA SIA SQ69I 0650 KHH MAS MH601 0705 KUL MK MK746 0755 MRU MAS MH68I 0620 KUL KAL KE624 0640 KUL CV CV796 0645 LUX/DXB857 words
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RAW MATERIALS
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Article82 1986-10-18 4 OIL PRODUCTS FUEL OIL weakened in the Far East petroleum products market yesterday. Gasoil was mixed while jet kerosene firmed slightly. Other products remained stable. Closing prices for crude (fob origin) US$/barrel Change Dubai (Nov) 13.45 +0.10 WT1, West Texas 14.60 +0.03 Intermediate, (Nov) Closing prices for products (fob Singapore)82 words
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Article124 1986-10-18 4 MALAYSIAN crude palm oil prices yesterday recovered to close higher on pre-weekend covering and renewed speculative buying interest, supported by sharp rises in palm oil futures and a firmer Chicago soyoil futures close. In Oct, north region finned Ms3s, central MJ2S and south M 522.50, all at M124 words
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Article70 1986-10-18 4 Robusto 20/25% FOB NSW 585 00 Nutmeg HO FOB NSW 1405 00 BWP FOB NSW 1289 00 Gombier FOB NSW 330.00 London Commodity Exchange Sellers' closing prices i I o(US$ long tonne CIF European ports, unless otherwts< i stated) Pepper (Sarawak) Faq, spot 6700 White faq, afloat 640070 words
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Article97 1986-10-18 4 (e~nA«. pollen) HQV w DEC g6 (currant month) (forword month) NOON NOON RAS loytfi Sellers Buyers Sellers SSfi 20 170 50 172 50N ***** I 73 50N SSR 50 167 50 169 50N 168 50 170 50N MRELB Buyers Sellers Buyers Sellers SMR CV 284 00 28697 words
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Article284 1986-10-18 4 BINGAPORE The market closed slightly lower yesterday with November One RSS buyers quoted at 187.25 cents per kilo, down 0.25 cent from Thursday. The morning session ended 0.25 cent higher after moving within a narrow range without any clear trend in quiet and featureless trading. Prices showed a slightly284 words
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Article99 1986-10-18 4 INCREASED «verwu Interest yesterday puked the tin price en the Knala Ijmmt Tin Market ap It eeato to Msl4Jtt per kite. Sappart was mainly from Europe an sharteevertag activity despite slightly easier sterling against the ringgit. Pel-Isw-threngh Japanese and Iseal baying fc—l alee provided sappart. Trading raled moderately99 words
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Article388 1986-10-18 4 RAS prices in S cents/kg, FOB in b< lies NOON CLOSE Buyers Sellers Buyers Sellers Int 1 RSS Prompt 187 75 188 75N 187 50 188 SON Int 1 RSS Nov 86 187 75 188 25 187 25 187 75 Int 1 RSS Dec 86 189 25388 words
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Article659 1986-10-18 4 COFFEE Robusta futures closed mixed to firmer on Thursday, ranging from £10 below to £40 above Wednesday in choppy trading. Physicals stayed quiet due to the volatility of the market, but some trade in Indonesian E K Ones at around US$23O under the terminal CTF price was noted.659 words
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Article66 1986-10-18 4 Bangkok (US$/to«M. FOB) White Rice 100% 1st doss 255 100% 2nd doss 220 100% 3rd doss 215 5% 205 10% 200 15% 195 20% 185 25% 175 35% 175 Broken Rice A-l Super 128 A-l Special 125 C-l Special unq C-l Ord unq Loonzain Rice 100% 1st grade unq66 words
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Page 4 Advertisements
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Advertisement53 1986-10-18 4 1 —v AT T The business person's choice, 131 J I |J every Tuesday, Thursday, Saturday I I\J I I T and Sunday. Leaving Changi Airport J\ V I I A. \L at 22:00 hours and arriving at Bombay at 00:30 hours. Call Air Canada at *****55 or your Travel53 words
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BANKING AND FINANCE
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Article722 1986-10-18 5 SINGAPORE: THE US DOLLAR yesterday closed slightly lower against major currencies on some late selling in quiet trading. There were no fresh factors to stimulate activity with most operators sidelined ahead of the weekend and awaiting the release later yesterday of US September housing starts. The dollar closed722 words
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Article176 1986-10-18 5 Interbank rotes ot 3pm yesterday: M oeor raao parity OImiho Local dollars to OM MM* of foroifft aracp US dolor Storing pound Australian dolor NZ dolor Canodton dolor 2.1730 3.1063 1.3831 1.0610 1.5649 2.1740 3.1099 1.3859 1.0837 1.5668 2.8196 7.3469 3.4286 ***** 3.4206 -22.93 -57.72 -59.66 -68.47 -54.25176 words
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197 1986-10-18 5 DECEMBER US Trea—ry twi opened at 94.19 yesterday and slipped off following the agreement of Opec production quota allocation and concern over the coming Treasury refunding. The December contract eased to 94.10 and continued to remain weak throughout the session with the contract197 words
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Article458 1986-10-18 5 GOLD 1 (US$ a troy ounc«) Opon High Low Vol Opon (Eft) lot* Oct 86 419 00 0k«6 422 00 53 Actual Vol on Oct 16 for Oct, Doc, 86: Ni. Ooung rang*: Oct 86: 426 00N, Ok 86: 429 20N DEUT8CHEMARK (U8S/DM) Opoo High Lew Son Vol Opon458 words
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Article, Illustration325 1986-10-18 5 Asian market ASIAN DOLLAR deposit rates yesterday closed steady at opening levels in quiet afternoon trading. Period rates were steady to slightly higher at the outset. Thereafter rates remained unchanged with one to six months closing at a common 6 5-7/8 per cent, nine months at 6-1/16 5-15/16 per cent325 words
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Article47 1986-10-18 5 RESULTS OF TENDER held yesterday for 91-day bills to be issued from Oct 20 to 24: OOeted: $150,000,000 Appßed far: $463,000,000 Allotted: $150,000,000 Accepted bids: $99.50 approximately 51 per cent, higher bids in full. Average rate af dlsesut ta allotineet: 1.965 per cent per annum.47 words
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Article99 1986-10-18 5 THE OVERNIGHT rate on the Singapore Interbank market closed 3/4 point higher at 2 yesterday. Discount Prices At yesterday's dot m Prices offered by discount houses on October 17 3-monlh TrMHjnr Mi 3-mornh bank Mb 3-»m«» CD frwwtth CO 2 1/16-115/1* Ovymtf* 2 3/8 2 7/i —2 3/499 words
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Article323 1986-10-18 5 HONGKONG: Gold closed weaker yesterday in fairly active trading on increased selling from local and overseas traders. Dealers said sentiment turned bearish as Opec ministers were still unable to reach agreement on oil output quotas. A report by the Organisation for Economic Cooperation and Development that inflation in323 words
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Page 5 Advertisements
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Advertisement81 1986-10-18 5 I I The Complete Financial Information Service In conjunction with the Asia/Pacific Forex Convention, AP-Dow Jones/Telerate is pleased to exhibit its new products at the Raffles City Convention Centre, Bencoolen Room, from 16 October 1986 to 18 October 1986. v. 4 >• -t s* i- s£ 46 m? PKw m81 words
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TIME-OFF
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Article393 1986-10-18 6 Lee Seng Giap - Lee Seng Giap On Thursday, Business Times published an editorial regretting the actions which have resulted in Time magazine's circulation being restricted in Singapore. Today, BT publishes below a response from the Ministry of Communications and Information. TkeBtttsr 17 Oct 1966 Deer Br, Restriction tf sale393 words
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Article891 1986-10-18 6 What's on from Oct 18-24 ■■■■■I CONCERT: SSO footuroe Martina Mafamarova. Victoria Concert Hal. o.lBpm. Programme includes Ravel's concerto for piano and orchestra in G and Dvorak's Symphony No 7 in D Minor, Op 70. Tickets at $4, $7, $10 and $15 from usual booking centres. POITIOfI. Ban Chiang:891 words
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Article, Illustration93 1986-10-18 6 Theatre Works will stag* a play on tha wartime experianoaa of Elizabath Choy, a Singapore heroine, played by Irana Um. This original play focuaea on human faith and courage during tha war. Tha play, "Not Afraid To n m IMIII liA rfwfnvfnDVi f DC93 words
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Article, Illustration786 1986-10-18 6 XU YINGCHENG - Five musicians have come together to present an unusual concert in Singapore an evening devoted to German chamber music. XU YINGCHENG takes a look at the programme. XU YINGCHENG IT IS A SAD FACT that the big names will always fill a concert hall while a relatively786 words
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Article, Illustration273 1986-10-18 6 Mike Thumba - By Mike Thumba MANY READERS tried their hands at the problem posed on Sep 27 and the most satisfactory solution was from Steve Robinson. Steve says that the declarer should cash his first nine tricks as follows: Steve's solution Trick 1: A Hearts 2: A Spades 3: K Clubs273 words
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Article272 1986-10-18 6 ONE concerned employer adverting for sales staff in the classifieds column bad dris to say of Ids young, hardworking and ambitious workforce: "Today, they don't earn much $2,500 to 15,000 per month only." SHORT ARTICLES are known in the newspaper trade as "fillers". We are not272 words
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Page 6 Advertisements
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Advertisement10 1986-10-18 6 M onagers ust anage BT shows you how every Monday.10 words
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Page 6 Miscellaneous
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Miscellaneous32 1986-10-18 6 BriStOHT:FaniclacifiD6 u>Mfvr U)ould Sftv if i told Vou Tue. Fißm pißethinking of INSTRLUMG TePi VeNDING mBCwiNeSP, GOOS my CHRiSTmftS Boy MT p L k L'-v.-fJ I f V6NIMG IMNMRD CO. LTD l»*t32 words
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SPORTS
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Article, Illustration957 1986-10-18 7 BRIAN MILLER - Prestige and money at stake as defender series starts By BRIAN MILLER THE BATTLE LINES are drawn. And it's going to be a fight to the finish a no-holds barred contest between two "heavyweights" who, for the past two years, have been stalking each957 words
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Article240 1986-10-18 7 Reuter DENNIS CONNER yesterday handed New Zealand its first defeat in the America's Cup challenger eliminations, sailing Stars and Stripes to a 49-second victory. The win puts Conner joint first on nine points with New Zealand and the New York Yacht Club's America n, allReuter - 240 words
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Article, Illustration510 1986-10-18 7 LIM KIAN TIONG, bouncing back from the most traumatic golfing performance of his career, won the $20,000 Maruman Classic golf championship at the New course yesterday. Needing a par on the par-five final hole to avoid a playoff, he sent a510 words
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413 1986-10-18 7 SINGAPORE got its first taste of world championship tennis when the qualifying competition of the US$5O,OOO Carlsberg Singapore Women's Open began at the Kailang Tennis Centre yesterday. On a day of brilliant sunshine and soaring temperatures, Singaporeans basked in their first experience413 words
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Page 7 Advertisements
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Advertisement1080 1986-10-18 7 NOTICE t »l» MALAYSIA TAIWAN TH«, U#O AL **o .Ai LIMITED (Incorporated in Singapore) Announcement RESULTS FOR THE YEAR ENDED 31ST JULY, 1986 The Directors are pleased to announce the audited results of the Group and the Company for the year ended 31st July, 1986; Group Company 1986 1985 $'0001,080 words
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INTERNATIONAL STOCKS
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546 1986-10-18 8 Reuter NEARLY TWO weeks after First Interstate Bancorp launched a US$2.7B billion takeover offer for Bank merica Corp, it seems highly unlikely that a rival bid will emerge, banking industry sources and analysts said. Earlier on Thursday, the Wall Street Journal quoted industryReuter - 546 words
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289 1986-10-18 8 Reuter WALL STREET stocks held firm on Thursday, but ran into resistance when they tried to break out of the narrow trading range established fairly early in the session. Traders said there was no real direction to the market, with only certain areas suchReuter - 289 words
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Article143 1986-10-18 8 OCT 1« a AMfa 25* Alcan Alum 44 Algoma Sfl 14* inch Bank Nova Scotia 16* Bar* Of Montreal 34* inch B»* Canodo 36* Bp Rmoutcm 33* unch Bravcon A 27* unch CampW Lake 28* inch Canodtan Imp Bar* 19* unch Canpoc 16 Carina O 13* Cn Bmrt a143 words
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Article213 1986-10-18 8 OCT 1* MOUSTVIAU A AJpho ***** 260 10 A*o 1475 430 25 Amt^rop ***** 2050 25 C G Smith 3050 CNA 280 Cum* Finonc* 490 unch I5750B unch F«d Vote 175 -10 Fuflrt htv«ld 675 unch 585 5 Ub Hokfc 2975 25 1550 25 LTA 200 10 M And213 words
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Article657 1986-10-18 8 OCT 1* us$ Alcon Akm Alcoa ABag InH AJwd Sig AM Store* Ab-Chaknn Am Brandt bK Am Can Co Am Cyananad Am Elac Pw Am Expraw Am Horn Prod Am Moron Cp Amox Inc Amarodo How Amoco Corp Amr Corp Armco Inc Atorco bK AM Richhatd Att Avon657 words
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Article829 1986-10-18 8 Amsterdam OCT M fk ABN ***** +-2 A*gon Ahold Akio AJr«nto AM£V Amro Bonk Am Stod 9300 *3.5 9950 -0 7 144.70 +0.5 152.10 +0.3 7100 +0.2 92.10 -0.3 124.50 inch Bwfcal Bob 39 00 inch 167 50 +15 Borum* Buahrman Tattwx Catv« 131.50 +1.5 x* 210.50 +2.2829 words
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Page 8 Advertisements
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Advertisement143 1986-10-18 8 Jflf Where to wim, iHm aaS eaiertala Jp Baron's Table Sunday Brunch... you'll love it.' Give mum a break this Sunday and bring the family in for our taste-tempting Brunch. You can relish our enormous spread of wholesome fare at only 525.50 per adult and $15.00 per child (under 12)143 words
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Advertisement123 1986-10-18 8 It's the NEU FACES... Fresh from their European tour. 1 he NEU I ACES Veteran iind versatile musicians Rock n Roll. lop 10. New Wave excellently performed tor grand entertainment Nightly except Sundays At the Alcove Ixiunge where the beer is cheapest among hotel lounges MAGICALLY HYATT I+l=l 1+ 1123 words
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Advertisement190 1986-10-18 8 TEOCHEW PORKTDGT BUFFFT $5 50 i b 50 $5; fli^v pmon) You can enjoy savoury®homety dishes such as braised pork 9 steamed stuffed bean curd 9 sambal t>nr>al fried salted fish sauteed chicken with mushroom 9 sauteed chat poh omelette 9 fried black pomfret m soya Dean sauce chap chye190 words
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Advertisement135 1986-10-18 8 Aidomsim i-I-Mil Kllk'/J Come to the Tiffany Coffee House where the best of Indonesian Cubtne awaits you at our Indonesian Food Festival. Try our Sop Buntut Nasi Uduk. Gulal Ayam, Panga ikan, Tapal and a wftoi® lot more. Fashion Shows and Lucky Draws every Friday at 8.15 pm. Indonesian handicrafts135 words
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Advertisement132 1986-10-18 8 on MM 11 A A May we introduce you to a most mouth wateringiy marinated Sichuan bird. The inimitable Long Jiang Drunken Chicken. Prime and plump. It's so staggeringly good youH be tempted to toy the rest of our 230 Sichuan dishes. Now that's a sobering thought Come for lunch132 words
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ASIAN STOCKS
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Article398 1986-10-18 9 HONGKONG: Share prices yesterday closed sharply lower in heavy trading as local and foreign investors took profits after the market's recent advance, brokers said. The Hang Seng Index ended the day 42.88 points lower at 2,234.89 and the Hong Kong Index slid 26.02 to 1,408.71. Turnover was a398 words
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Article299 1986-10-18 9 OCT 17 NT Al Stf*:ere Indus Ana Cement Cottwy Com Chang Hwa Bank Chona Loong CNo Hsin Cement Owt Hhi Flour CNno Own Oxno Dev Okw Elect Wire CNno GuH Plat Chrto Rebar Ctm Steel Chung H»o Pulp Chung Shing Tex Far Eost Dept Far East Tex Frvt Bank299 words
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Article498 1986-10-18 9 TOKYO: Prices ended broadly lower in quiet pre-weekend trading, brokers said. The market average dropped 170.55 to 16,700.39. Volume was 300 million. Five straight declines this week have sent the market average 949.84 points lower. Securities company, transportation, bank, life insurance, rubber and gas firms led declines. Only retail,498 words
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Article96 1986-10-18 9 OCT 17 Acoic Mmng Anglo Phri P«a B 0 03 0 003 Alios Con B Rmm (inld 28 +7 5 Boic P«trotei»r> 0 009"" livch"' Benguet Con B 103 unch Frst PM Hktgs 8 SO +0 5 Lcpanto B 0 14 0 005 Mnrcoppcf 0 80 +0 3 Marste«<96 words
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Article460 1986-10-18 9 BYDNEY: Share markets yesterday closed strongly on high demand for blue-chip industrial stocks which again pushed the market indices to record levels. Price rises on industrial boards were spurred by heavy offshore interest and shortages of quality scrip, while gold issues were lifted by corrections to recent heavy losses.460 words
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Article124 1986-10-18 9 OCT 17 Wo. Owi Sugar 1846 66 Do«4m Ind 555 -5 Doawoo Cofp Do#woo Haavy 965 19 1225 10 Daatvn Sscu^wt 2480 -100 Dong Ah Phar 789 unch Dong Si4i Stock 1341 1 1518 30 Gold Star 1580 20 Hard Bor* 860 9 Hani Ccmant 1151 1 1680 -13124 words
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Article146 1986-10-18 9 Reuter BANGKOK: The Stock Exchange of Thailand Index rose 2.24 to 177.51. Turnover totalled 1,553,357 shares valued at 334.48 million baht. Reuter OCT 17 Mti Ao Kham Th® Auo F4>re Ayudhyo Investment Bangkok Agro-tnd P.„, .J, _L Orinl oooyp O* DOT*. Bank Of A«u4iya Charoong Thai Wrt Dotamot DuwtamReuter - 146 words
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Article53 1986-10-18 9 AFP EXXON CORP is to list its shares on the Tokyo Stock Exchange in two months, Exxon chairman Clifton Garvin said in Tokyo on Thursday. The Japanese have invested more than US$lOO million in Exxon's debt instruments and bought one million of 700 million shares madeAFP - 53 words
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414 1986-10-18 9 Reuter SECURITIES FIRMS in Japan, Australia, Hongkong and Singapore see no sudden impact from Britain's deregulation of gilt and share markets on Oct 27 the Big Bang. But brokers polled in the major markets of the Far East agree thatReuter - 414 words
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Article118 1986-10-18 9 Reuter ELDERS IXL LTD has said that Elders Finance Group Ltd and Yamaichi Merchant Bank Singapore Ltd will sponsor a new investment vehicle Elders Pica Asian Growth Fund to be managed by Elders Pica Pte Ltd. EPAGF is the first of a series of investmentReuter - 118 words
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Article245 1986-10-18 9 Monog«rs priccs (S) for Oct 18 20 Sinaaoora Unit Trust Th« Conwnf c* 0 91 0.98 MARA-Bumiputru Fnt B'putro 5.07 5 12 S*cond B'putro 4.60 4.65 Third B-putro 3.55 3.60 Fourth B'putro 4.10 4.15 Th* Sovngi Fund 0.85 0.91 S'por* Prog Fund 0 36 0.40* S'por* Sac Fund245 words
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Article106 1986-10-18 9 HONGKONG Hongkong Index Fridoy *****1 Thursday 1434.73 Week ago 1434.63 Hong Song Index Fridoy 2234 89 Thursday 2277.77 Wwk ago 2279.52 W All Industrials Friday ***** Thursday 2105.8 Week ogo 2053.2 NEW YORK Dow Jones Thursday 1836.19 Wednesday 1831.20 Week ago 1796.82 TOKYO Nikkoi Averoge Friday *****.34 Thursday106 words
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Advertisement526 1986-10-18 9 WT M i Xk A real enclave I where you can easily J w{K re/a* to fbe soothing music of resident band Dnnks served I* A P T\DTVT include all time favountes plus \Ju\lvL/Ol some exof/c concoctions LOU PENINSULA HOTEL LEVEL 6 11 If# x—frfjr v. -41 1 Happy Hours526 words
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Advertisement129 1986-10-18 9 r'i/TTu Most Popuw S i qkqm Band from < HOT DISCO COUNTRY SENTIMENTAL POP ROCK and you name it!! WL Singapore s very own Slim Whitman with country favountes and Happy Hours: 12 noon 7pm Buy one get one premium brands) CAIRNHILL HOTEL 19Caimhill Circle. S pore 0922 Tel: *****22129 words
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Article, Illustration4216 1986-10-18 10 THE SINGAPORE stock market's consolidation continued yesterday with share prices closing narrowly mixed In moderate trading. The BT Composite Index dropped 4.84 points to 782.34 while the Straits Times Industrial Index finished 5 67 points lower at 902.20. Gainers, however, led losers 91 to4,216 words
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Article246 1986-10-18 10 SINGAPORE Rim* In dicoi Oct I* Oct 17 tiif <m 368 18 8T C amp tuiH 787 18 782.34 0 U 1 300 18 rhlmn *****9092 390S990 +925 Toaafc Cum r,|,n»oti at 157 12 8T08/0S 970 ISO 10 rrcA« -6448 -6439 Ian EWcl 137 10 9T08V *****9+246 words
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Article4475 1986-10-18 10 SECTION ONE INDUSTRIAL COMMERCIAL Aetna (1 548 I 565) (4) I S3 (17) I 54 (15) I 55 (II) 1 56 (35) I 55 (3) 1 56 (10) 1 54 Alcorn (0 506) Amol Steel 50c (I 248) (114) 1 19 (22) 1 18 (240)4,475 words
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Advertisement0 1986-10-18 10 .&</~;)`^%"}~.@&|,>:.:"!?$,/\&]0 words
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COMPANY NEWS
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Article, Illustration574 1986-10-18 11 HOMER CHEN - PETER THAU TRIAL By HOMER CHEN ON DAY FOUR of the trial of Peter Tham yesterday, the judge expressed disbelief during the testimony of Malaysian businessman Eng Chin Ah. Tham, a former director of collapsed Pan-Electric Industries, is facing 36 charges of forging share574 words
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Article296 1986-10-18 11 CONDITIONS remained buoyant and share prices were marked higher for the third consecutive session on the Kuala Lumpur stock market yesterday. Scattered double-digit gains were recorded but they were not as sharp as those of Thursday's. Sentiment was shored up by yet another government move to stimulate296 words
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Article575 1986-10-18 11 LONDON shares opened mixed in sluggish trading yesterday, with the market finding it difficult to draw support from Chancellor of the Exchequer Nigel Lawson's Mansion House speech on Thursday night. INDUSTRIALS Oct 16 P«nc« AK*d-Lront 305 -a An Dams BTK PLC 293xd -2 Babcocks 178 •1 unch 464575 words
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584 1986-10-18 11 NAJEEB JARHOM - Creditors will be paid a bit more if plan succeeds, court told By NAJEEB JARHOM THE HEARING to wind up City Securities was adjourned till Nov 21 to give the beleaguered stockbroking firm time to implement a scheme to sell its stock584 words
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Article79 1986-10-18 11 OVERSEA-CHINESE Banking Corp has received the sanction of the High Court for the scheme of arrangement between Singapore Building Corp (SBC) and holders at its ordinary stock (other than the $484,000 ordinary stock held beneficially by or on behalf of the bank or OCBC Holdings). The79 words
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284 1986-10-18 11 CHAN OI CHEE - By CHAN OI CHEE THANKS TO higher contributions from most of its overseas operations, food-based Cerebos Pacific turned in a respectable 5 per cent growth in group pretax profits to $36.81 million for the year ended July 31, 1966. With first-half pre-tax profits284 words
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Article2482 1986-10-18 11 MDUSTRMLS Ap.oa.oto (3028 3045) (I) 304 Alcorn (625) (1) 60 (18) 61 AISB (658 665) (7) 64 (13) 64 5 (14) 65 (8) 65 5 (2) 66 API (668 68S) (17) 67 5 (17) 67 (1)68 ASM (1458 1465) (3D 142 (58) 143 (69) 1442,482 words
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Advertisement450 1986-10-18 11 pi II MM IN THE MATTER OP WOON CHEE HIN SONS ENTERPRISES PTE. LTD. (IN VOLUNTARY LIQUIDATION) NOTICE OP PINAL MEETING Notice is hereby given pursuant to Section 308 of the Companies Act, Cap. 185, that a Final General Meeting of the members of the abovenamed Company will be held450 words
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Advertisement129 1986-10-18 11 CAREER IN INVESTMENT BANKING A well-established American investment bank has vacancies in its CORPORATE FINANCE GROUP for ASSOCIATE position. Suitable candidates should possess: Master Degree in Business Administration major in Finance or Accounting Strong Mathematical background Knowledge of the Financial Markets and Corporate Finance Exposure/knowledge of EDP application tc an129 words
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512 1986-10-18 12 MANO SABNANI - PM Lee highlights investment opportunities By MANO SABNANI THE PRESENT economic situation offers a rare opportunity to strengthen ties between Japan and Asean, to the benefit of both parties, and it should not be missed. This was the message Mr Lee Kuan Yew512 words
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Article, Illustration483 1986-10-18 12 THE Singapore delegation to Japan, on the unofficial leg of its week-long visit, yesterday sampled the lifestyle on Shikoku island, the smallest and least populated of Japan's four main islands. Shikoku enjoys a pleasant isolation from the rest of Japan, as it can only be reached483 words
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404 1986-10-18 12 AFTER ALL the excitement of the previous week, CPF trustee stocks were in a mood to consolidate last week. SIA, which had badly underperformed other CPF stocks, turned out to be the star performer two weeks ago following official comments about allowing foreigners to404 words
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218 1986-10-18 12 SOME CHANGES to the original proposals have been made by the Select Committee on the Legal Profession (Amendment) Bill in its report to Parliament. Chief among them is the decision by the committee to strike off an original proposal barring for life a lawyer, who has218 words
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182 1986-10-18 12 AFP SOUTH-EAST ASIA'S failure to form a common market "is a handicap in the attraction offoreign investment", European Community Commissioner Claude Cheysson said in Bangkok yesterday. "No doubt the day when you have a common market of 280 million inhabitants, thisAFP - 182 words
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Article54 1986-10-18 12 THE GOVERNMENT is acquiring about 76,338 sq metres of land in the districts of Sembawang and Mandai for defence purposes. According to the gov- erament gazette, the bulk of the land (67,313.7 sq metres) belongs to the Titular Roman Catholic Bishop of Malacca and the rest belongs54 words
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Article85 1986-10-18 12 PRIME MINISTER Lee Kuan Yew yesterday sent his condolences upon hearing of the death of Alex Josey. He said: •Tor 11 years, from 1962 to 1972, Alex Josey accompanied me on my overseas tours as press secretary. His good relations with British media men got me good coverage in85 words
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248 1986-10-18 12 ANOTHER BOND was forged between Japan and the Republic yesterday with the inauguration of the Japan-Singapore Friendship Parliamentary League in Tokyo. The league comprises a high-powered group of 15 parliamentarians, most of whom are either Liberal Democratic Party ministers or former ministers. President of the248 words
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Article89 1986-10-18 12 Bernama MALAYSIAN Deputy Prime Minister Ghafar Baba yesterday reminded the people that the government, if so inclined, could in foreigners to cultivate the land if Malaysians themselves were too lazy to do so. He said many foreigners were just waiting for the opportunity to have aBernama - 89 words
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Article76 1986-10-18 12 Reuter WALL STREET stocks moved lower in early trading yesterday as poorer than expected September housing starts data reinforced perceptions of a sluggish economy and investors' optimism about further interest rate cuts waned. Oil stocks fell on indications that Opec is far from an accord on quotas.Reuter - 76 words
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LATE FILE
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Article53 1986-10-18 12 AFP US HOUSING starts fell 7.C per cent in September, their sharpest drop in (our months. The Commerce Department said yesterday that in annual terms, construction was begun on Ltt million homes last month. Housing starts had risen 2 per cent in August after three consecutiveAFP - 53 words
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Article49 1986-10-18 12 Reuter OPEC ministers have reached only broad agreement on what factors to base new output quotas on, but are far from deciding how to weight such criteria to assign each member a new percentage share of Opec output, delegates said in Geneva yesterday. ReuterReuter - 49 words
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Article50 1986-10-18 12 AFP THAI Army Commander-in-Chief General Chaowalit Yongchaiyuth hat urged Prime Minister Prem Tinsulanooda to let the army help revitalise the economy. Gen. Chaowalit add that the army should he allowed to help in reforestation programmes and buy rice from farmers ««—■4ng from falling world prices. AFPAFP - 50 words
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Article55 1986-10-18 12 AP TAIWAN approved foreign investments totaling U*****.48 million during the first eight months of this year, down 33.4 per cent from the same period last year. The Investment Commission yesterday attributed the drop to the high cost of an investment by the US Arm Du PontAP - 55 words
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Article38 1986-10-18 12 Reuter THAI Commerce Minister Surat Osathanuqrah left Teheran yesterday after reaching agreements on oil and rice trade with Iran during a five-day visit. Iran's Commerce Minister said that a letter of understanding had been signed. ReuterReuter - 38 words
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Advertisement34 1986-10-18 12 REMINDER SALE OF ROBINSON CENTRE Prime Investment Opportunity offers to bo submitted by Monday, 20th October 1966, 4.00pm Soto Marketing Managing Agents Jon^LaigWootton 65 Chulia Street 2? #39-05/08, OCBC Centre Singapore 0104 Tel: *****8834 words
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Advertisement293 1986-10-18 12 ITALY/«Italian Institute kx Foreign Trade 1 1 Italian Participation ENEXASIAB6 21 25 OCTOBER 1986 WORLD TRADE CENTRE, HALL 3 Italy, a leader in electronics and electrical technology, is taking part in Enex Asia '86 for the first time in Singapore. Italian exports Of electrical components and technical know-how to the293 words
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Page 12 Miscellaneous
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Miscellaneous42 1986-10-18 12 Outlook: Showers over a tow areas in tha lota morning and aorty Maximum tamporoture 32.1 Associotod humidity 64 Minimum tamporatura 25.6 Associotod humidity 95 Hours of sunshine 10.55 R o all in ml Rainfolt this month 186.2 Rainy days this month 1142 words
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