The Business Times, 17 January 1987
1987-01-17
1
16
https://www.nlb.gov.sg
https://eresources.nlb.gov.sg/newspapers/browse/biztimes
The Business Times
-
Title Section12 1987-01-17 1 BUSINESS TIMES M.C. (P) No. 112/12/86 SATURDAY, JANUARY 17, 1987 75 CENTS12 words
-
Article, Illustration219 1987-01-17 1 STOCK MARKET THE STOCK MARKET closed marginally higher yesterday on lighter volume. The Straits Times Industrial Index added 0.35 point to 949.91 while the BT Composite Index finished 4.95 points higher at 843.10. Total turnover was 30.2 million shares valued at $62.7 million, lower than Thursday's 40.2219 words
-
Article81 1987-01-17 1 Reuter SHARE PRICES soared to record highs in Tokyo yesterday as speculators gambled that the weak dollar would soon force worldwide interest rate cuts, stockbrokers said. The Nikkei Stock Average jumped 365.36 yen to close at a record 19,149.63 yen. The previous high, 18,936.76 yen, wasReuter - 81 words
-
Article56 1987-01-17 1 UPI THE REALISATION that no further bids were likely to eventuate for the Herald Weekly Times Group led to a major sell-off of media stocks on the Sydney Stock Exchange yesterday. The media index lost 314 2 to 7023.1. The HWT fell 0.45 to 14.85 on a massiveUPI - 56 words
-
417 1987-01-17 1 FLORENCE CHONG - By FLORENCE CHONG The FIVE-STAR Regent Hotel in Sydney, previously owned by a consortium of Singapore and Malaysian investors, has been sold to a Japanese investment company for about Asl4s million. The price paid by EIE Corp of Japan is about As2s million417 words
-
Article, Illustration521 1987-01-17 1 CHUANG PECK MING - Each to have a specific area of interest By CHUANG PECK MING COMMITTEES to improve parliamentary debate, give the public more say in legislation and keep an eye on ministries are to be set up this year, according to First Deputy Prime Minister Goh Chok521 words
-
333 1987-01-17 1 THE TOWN COUNCIL concept will not work if Members of Parliament in constituencies involved are from different political parties, says First Deputy Prime Minister Goh Chok Tong. Each party was likely to do things differently from another, he said in an333 words
-
Article152 1987-01-17 1 THE LINE-UP of office bearers in the People s Action Party's central executive committee is unchanged. Mr Lee Kuan Yew was re-elected secretary-general and Mr Goh Chok Tong assistant sec-retary-general. Mr Ong Teng Cheong stays as chairman; Dr Tony Tan as vice-chairman; Mr S152 words
-
351 1987-01-17 1 Reuter CHINESE Communist Party chief Hu Yaobang resigned yesterday after admitting making political "mistakes" and Premier Zhao Ziyang was named as acting party chief in his place, the official New China News Agency reported. There had been reports for several days thatReuter - 351 words
-
Page 1 Advertisements
-
Advertisement273 1987-01-17 1 Nikon THE WORLD'S FINEST photographic SYSTEM OUR VIEW A DOG'S LIFE might not be such a bad one after all, at least not a pet dog's, or a pet cat's. Many Britons questioned in a magazine survey rated their pets above their spouses, children, jobs and even money. While love273 words
-
Advertisement463 1987-01-17 1 Nikon THE WORLD'S FINEST PHOTOGRAPHIC SYSTEM Walking holidays: Going over the hiUs can be rejuvenating Page 9 Trivia When a barbarian calls on the 'phone Page 9 Vintage watches both keep and capture time Page 10 TV programmes for today and tomorrow Page 10 Ms to Watcfe Cowboys, comedians and463 words
-
-
HOME NEWS
-
Article381 1987-01-17 2 NAJEEB JARHOM - By NAJEEB JARHOM IBM SINGAPORE staged what computer industry circles called "a major coup" by striking a maiden deal with United Overseas Bank. The $7 million deal, announced yesterday, came after some 10 years of knocking unsuccessfully at the doors of Singapore's largest banking381 words
-
Article, Illustration541 1987-01-17 2 SOH TIANG KENG - Tokyo a vital factor in S'pore's financial development don By SOH TIANG KENG LIBERALISATION OF the Japanese capital market "is the single most important factor that will influence the future development of Singapore as a financial centre." This is the view of US professor and banking expert. Professor Richard Thorn,541 words
-
Article, Illustration406 1987-01-17 2 A SENIOR Japanese merchant banker, Mr T Yonemura, yesterday expressed some doubts about the future success of the Nikkei stock index on the Singapore International Monetary Exchange. Mr Yonemura, president of Japanese merchant bank Daiwa Singapore based his doubts406 words
-
174 1987-01-17 2 THE FORMER CHAIRMAN of the Singapore United Front, Tan Chee Kien, 30, will be barred from standing for election for five years as a result of his conviction and fine for negligent driving. Tan withdrew his appeal against the sentence and fine yesterday. Tan,174 words
-
Article155 1987-01-17 2 WORKERS' PARTY leaders J B Jeyaretnam and Wong Hong Toy were ordered by the High Court to pay costs of $1,200 for withdrawing a motion to declare as illegal the fines of $5,000 imposed on each in November by Mr Justice Lai Kew Chai.155 words
-
159 1987-01-17 2 ZHENGHUA? Mention the name and it will likely be met with a blank stare. But say "Bukit Panjang" and the response will probably be closer to the mark: "Upper Bukit Timah", "Woodlands" or "Dairy Farm Road". Because of familiarity with the name Bukit Panjang,159 words
-
295 1987-01-17 2 IT'S BACK to the steel ball and crane for the Housing Development Board's Apt Blk 62 in Indus Road which explosives earlier this week failed to demolish. The failed attempt to blow up the six-storey building has made the295 words
-
Article39 1987-01-17 2 THE AMERICAN EMBASSY will be closed on Monday in commemoration of the birthday of Martin Luther King, Jr. The issue of visas, US passports and other consular services will not be provided that day, said the embassy.39 words
-
Article, Illustration327 1987-01-17 2 THE STAR at the "nasi padang festival" tomorrow at Marina East is not exactly this swirling "add-on" kite. Mr Ng Theng Eng's novelty shopping bags strung in line can go up 190 m or more, possibly reaching as high as327 words
-
Article272 1987-01-17 2 TIMEs loss is Newsweeks gain. Since Time magazine was gazetted and its circulation restricted. Newsweek has seen subscriptions rise by "a few hundreds", according to Mr Philip Lim, the magazine's circulation manager in Singapore. But Newsweeks current advertising campaign is not an attempt to capture the market272 words
-
190 1987-01-17 2 THE STRONG yen and deutschemark have pushed up prices of compact discs by some 20 per cent. Market leader Polygram, which distributes five labels and commands 70 per cent of the market, raised its prices on January 5, catching dealers and consumers by surprise.190 words
-
Article1115 1987-01-17 2 AT CONVENTIONAL WHARVES VmmI lerth Arrival Departure KEPPEl WHARVES Alt Confidence K15 olongside 1801/1000 Barb#' Tarmpo K9 alongside 1701/2000 Concord Gossan K16 o longs «3e 1801/0600 Daiyunshan KlS alongside 1601/0600 Feosi Vonguord K19 alongside 1801/1500 Frances Boy K27 alongside 17J01/1900 G Seloton-7 KI7 alongside 1701/2300 lio.mbe K301,115 words
-
-
ASIA-PACIFIC
-
372 1987-01-17 3 AFP SOUTH KOREA offered yesterday to provide electric power to North Korea if Pyongyang stops construction of the controversial Kumgangsan dam on the Han River. Construction Minister Lee Kyu-Ho said South Korea was "prepared to supply power to the NorthAFP - 372 words
-
Article242 1987-01-17 3 Reuter THE SOVIET UNION has made a fresh overture to Asia and particularly to China by announcing that it will withdraw a division of its troops from Mongolia in the spring. In Afghanistan, where the presence of Soviet forces poses a barrier to better Sino-SovietReuter - 242 words
-
Article880 1987-01-17 3 ARRIVALS Operator Service Local From number time MAS MH601 0005 KUL OA OA471 0015 ATH UA UA805 0100 SFO/HKG SIA SQ11 0125 IAX/NRT CAl CI333 0405 TPE SIA SQ41 0615 AAAA SV SV398 0710 JED/RUH MAS MH681 0820 KUL CV CV796 0845 LUX/DXB KAL KE624 0850 KUL880 words
-
541 1987-01-17 3 MBT MALAYSIA expects to welcome 3.3 million tourists this year, with the number growing to nearly 3.9 million in 1990, according to projections by the Tourist Development Corporation. The TDC said the growth forecast, taking into account its current promotional efforts and theMBT - 541 words
-
406 1987-01-17 3 MBT SOME STATE BRANCH leaders of the Malay Chamber of Commerce and Industry of Malaysia (MCCIM) can find themselves out in the cold once the chamber starts implementing the ruling of the Supreme Court. One of them could be Federal Territory Malay ChamberMBT - 406 words
-
204 1987-01-17 3 Reuter CHINA yesterday announced success in reducing a record trade deficit despite huge losses on oil exports. Foreign Trade Ministry spokesman Zhou Keren said the 1986 deficit was U555.76 billion, down from a record US$7.6l billion in 1985. Exports were up 4 per cent andReuter - 204 words
-
Article, Illustration485 1987-01-17 3 Reuter ISRAELI Prime Minister Yitzhak Shamir, in an optimistic review of Middle East peace efforts, suggested on Thursday his refusal to trade Israeli-occupied land for peace would not be his last word in negotiations with Arab states. "Nobody will expect me to say now whatReuter - 485 words
-
Article, Illustration551 1987-01-17 3 AFP RESIDENTS of Hongkong's notorious Walled City have accepted a government decision to raze the eye-sore area with uncharacteristic fatalism, but some have doubts about their future. The residents' quiet acceptance of an unexpected government decision disclosed on Thursday to clear the teeming tenement slumAFP - 551 words
-
-
Page 3 Advertisements
-
Advertisement57 1987-01-17 3 X I A AT T The business person's choice, l\ /I every Tuesday, Thursday, Saturday I |I V\j I I and Sunday. Leaving Changi Airport J x, J. V -LI jj. at 22:05 hours and arriving at Bombay at 00:30 hours. Call Air Canada at *****55 or your Travel Agent.57 words
-
Advertisement66 1987-01-17 3 Qocbck KS 4-^ at It's a break from the ordinary Come savour our wide range of fine teas and a delicious assortment of afternoon delights such as finger sandwiches, cakes, tarts, scones, pastries, lapanese and Chinese desserts. Daily from 3pm to 6pm and at only $9.00+ per person, tea at66 words
-
-
Page 3 Miscellaneous
-
Miscellaneous27 1987-01-17 3 Doonesbury torn IWI '■m m CUT'EM OUTTOPAV! Sk 5318 rm 7 i-TMr -wit ™*»T K SK BY GARRY TRUDEAU 5* a 1 N, *v as S\ w ">27 words
-
-
REST OF THE WORLD
-
Article, Illustration686 1987-01-17 4 Reuter SHARP DIFFERENCES between the Reagan administration and the US central bank on the dollar have re-emerged, raising the prospect of higher US interest rates if the currency slumps further, monetary analysts say. The resulting consternation in financial markets also means an earlyReuter - 686 words
-
120 1987-01-17 4 FT GERHARD STOLTENBERG, the West German Finance Minister, has voiced scepticism about the chances of any agreement with the US on stabilising the sliding dollar. His comments came on Wednesday, when highly volatile movement in the dollar on foreign exchanges followed speculation about suchFT - 120 words
-
265 1987-01-17 4 Reuter THE WHITE HOUSE has rejected suggestions that President Ronald Reagan say he's sorry for the Iran arms scandal in spite of a clamour for an apology from top congressional Republicans. "The president feels he has done nothing for which he feels heReuter - 265 words
-
251 1987-01-17 4 Reuter BRITONS are becoming less insular and causing British diplomats more problems, with four times as many of them travelling abroad compared with 20 years ago. according to a Foreign Office report. "A projected record total of 22 million Britons travelled overseas forReuter - 251 words
-
Article72 1987-01-17 4 Reuter LONDON'S police chief launched a campaign on Thursday to combat racism in the British capital, where there is growing concern among ethnic minorities over racial attacks and harassment. The campaign will be spearheaded by publication of a guide and leaflets printed in English and fiveReuter - 72 words
-
580 1987-01-17 4 Reuter TWO LEADING American businessmen cautioned senators on Thursday against enacting protectionist trade legislation and said the gaping US trade deficit was directly linked to the massive federal budget deficit. John Young, president of Hewlett-Packard company, and Edmund Pratt, chairman of PfizerReuter - 580 words
-
311 1987-01-17 4 AP A GROUP of young Americans that believes Japanese factory wages are ahead of American has called a demonstration near the US capitol for Sunday. "We have to spend more money to modernise our factories," said Mike Rossides, the 24-year-old leader of theAP - 311 words
-
-
RAW MATERIALS
-
Article83 1987-01-17 4 OIL PRODUCTS NAPHTHA (C F Japan) weakened on the Asian petroleum products market yesterday. All other products remained basically stable and unchanged in light trading conditioins. Closing prices for crude (FOB origin) US$/barrel Change Dubai (Feb) 17.35 -0.05 WTI, West Texas Intermediate, (Feb) 19.12 -0.06 Closing prices for products (FOB83 words
-
Article165 1987-01-17 4 MALAYSIAN crude palm oil prices closed higher yesterday on short-cover-ing and speculative buying interest, in line with firmer palm oil futures. Sentiment was aided by talk that India was still negotiating for oil at its weekly tender. An expected current output shortfall also helped prices. January deliveries, central165 words
-
Article136 1987-01-17 4 Chinese Produce Exchange Setters' noon doting prices on Jon 16 (S$/100 kg). Coconut oil Bulk FOB 80.00 Old drum FOB 85.00 New drum FOB 90.00 Robust a 20/25% FOB NSW Nutmeg 110 FOB NSW BWP FOB NSW Gambier FOB NSW 415.00 1422.00 1322.00 330.00 Copra Mixed (loose) Pepper136 words
-
Article276 1987-01-17 4 RAS prices In S cents/kg, FOB In bale NOON CLOSE Buyers Sellers Buyers Sellers Int 1 RSS Prompt 195.00 196.00N 195.50 196.50N Int 1 RSS Feb 87 195.00 196.00 195.50 196.50 Int 1 RSS March 193.50 194.50 193.50 194.50 Int 2 RSS OP 186.00 188.00N 186.00 188.00N276 words
-
Article81 1987-01-17 4 (canti/kg, 1 -ton poll*t>) FEB 87 MAR 87 (current month) (forward month) NOON NOON RAS Buyari Saltan Bvyan Sallars SSR 30 J 79.50 181.50N 180.50 182.50N SSR 50 177.50 179.50N 178.50 180.50N MRELB Buyers Sallart tuyart Sallan SMR CV 290.00 292.00N 291.00 293.00N SMR L 290.00 292.00N81 words
-
Article286 1987-01-17 4 SINGAPORE The market closed slightly higher yesterday with February One RSS buyers quoted at 195.50 cents a kg, up 0.50 cent from Thursday. The morning session ended steady after some trading buying helped prices to recover from a slightly lower opening. Prices improved marginally in the afternoon on continued286 words
-
Article119 1987-01-17 4 THE PRICE of tin on the Kuala Lumpur Tin Markat recovered a cent from Thuraday to cloaa at M 517.20 a kg yeaterday, reflecting the overnight steadiness on the European spot market. Trading ruled quiet aa most sellers were reluctant to commit themselves ahead of119 words
-
Article152 1987-01-17 4 SOYBEAN FUTURES on the Chicago Board of Trade closed quietly mixed on Thursday, ranging from down US cent a bushel in January to up two cents in September. Rallies in foreign currencies and in the nearby soyoil pit underpinned soybean values most of the day. But reports of scattered152 words
-
Article152 1987-01-17 4 WHEAT FUTURES on the Chicago Board of Trade closed cent to 1% US cents per bushel higher in quiet trade on Thursday. March settled at U552.8314, near the middle of a 2!4-cent range. Persistent trade talk that much of the SRW wheat crop is now vulnerable to winterkill if152 words
-
Article66 1987-01-17 4 Bangkok Broken Rice (US$/tonne, FOB) A-l Super A-l Special 118 115 White Rice C-1 Special unq C-l Ord unq 100% lit dots 245 100% 2nd dau 210 Loonzain Rice 100% 3rd dots 205 100% Iff grod* unq 5% 195 190 100% 2nd grade 205 10% 100% 3rd grode unq66 words
-
Article827 1987-01-17 4 COFFEE Robusta futures ended lower on Thursday after a lacklustre trading session, with prices down £15 to £25 a tonne from Wednesday night's closing. Second position March closed at £1,560 per tonne, down £15. Trade and commission houses were on both sides of the market, and some hedge827 words
-
-
BANKING AND FINANCE
-
540 1987-01-17 5 Reuter AN ANGLO-AMERICAN agreement to impose similar capital requirements on banks may open the way to global banking standards, but regulators in other countries indicate that they see no pressing need to join the accord just yet. Announcing the accord lastReuter - 540 words
-
261 1987-01-17 5 Reuter THE LONDON International Financial Futures Exchange (Liffe) is having difficulty reconciling its planned yen bond futures contract with established Japanese market practices, bond managers said. Unless the exchange can come up with some way to adapt the practices to itsReuter - 261 words
-
134 1987-01-17 5 Reuter THE RESERVE BANK has completed a list of information it will require before new banks are allowed to open in New Zealand when banking is deregulated on April 1. The bank will demand details on mode of operations, proposed activities, management, internalReuter - 134 words
-
569 1987-01-17 5 NYT US TREASURY bond prices rose slightly on Thursday, following the lead of the foreign exchange market, where the dollar improved against major foreign currencies. The sensitivity of the Treasury market to the foreign exchange market has been very pronounced this week, with noteNYT - 569 words
-
Article, Illustration339 1987-01-17 5 Reuter THE WHITE HOUSE is considering naming William Seidman, a pragmatic, conservative member of President Ronald Reagan's Republican Party, to replace Paul Volcker as chairman of the Federal Reserve, government sources said on Thursday. Mr Seidman, chief of the Federal Deposit Insurance Corp (FDIC),Reuter - 339 words
-
376 1987-01-17 5 Reuter A BANK INDONESIA spokesman said more Indonesian and foreign companies have turned to the bank's foreign exchange swap facility to protect their offshore debts against currency fluctuations since the government removed restrictions on swaps last October. Outstanding swaps at Bank Indonesia now standReuter - 376 words
-
-
MONEY AND EXCHANGES
-
Article713 1987-01-17 5 SINGAPORE: The US dollar closed firmer against major currencies in moderate trading on short-covering yesterday, but was below the day's high on late profit-taking. News that Japanese Finance Minister Kiichi Miyazawa said a group of five meeting might not be necessary now as the dollar seemed to be713 words
-
Article235 1987-01-17 5 Asian market ASIAN DOLLAR deposit rates closed steady at opening levels in quiet afternoon trading yesterday. Activity was slow in the afternoon as most operators were sidelined on lack of interest and were awaiting the release of US December industrial production data. Short-dates weakened between 14 and point at the235 words
-
Article49 1987-01-17 5 RESULTS OF TENDER held yesterday for 91-day brils to be issued from Jan 19 to Jan 23 Offered: $150,000,000 Applied for. S350.000.000 Allotted: S150.000.000 Accepted bids: $99.41 and approximately 49 per cent higher bids in full. Average rate of discount on allotment: 2.320 per cent per annum.49 words
-
Article229 1987-01-17 5 Interbonk rates at 3pm yesterday: ■M Omrn W" Mr*? local dollar* to yrm unit of foreign ourranc 71 US dodo* 2.1410 2.1420 re 196 -24.07 St»r«ng pound AvttroSan doMor 1.2200 ***** 7J469 -56.17 1.3916 ***** ***** •59.41 NZ do*x 1.1347 1.1374 3.4286 -66.90 Canadian doMar 1.5713 1.5732 *****229 words
-
Article, Illustration126 1987-01-17 5 THE OVERNIGHT rate on the Singapore interbank market closed at 3 per cent yesterday, up one point from Thursday. The term rates shed 1/16 point across the board to 3-3/16 per cent. Indicates the average of the prim* lending rate* of 12 major banks in Singapore S$ Interbank126 words
-
Article190 1987-01-17 5 BA Futures MARCH Eurodollar opened two ticks higher yesterday than Thursday's close at 94.04 and slipped off marginally to 94.03 on listless trading initially. However, prices held firm later in the session amid expectations of a discount rate cut by Bank of Japan. Liffe session saw the market edgingBA Futures - 190 words
-
Article664 1987-01-17 5 HONGKONG: The metal closed weaker in fairly quiet trading yesterday on continued selling interest after the easier tone in New York. Technical resistance at the US$4l2 an ounce level caused profit-taking. But firmer crude prices provided considerable support and gold was expected to consolidate around current levels. The664 words
-
-
INTERNATIONAL STOCKS
-
276 1987-01-17 6 NYT AMERICAN AIRLINES is engaged in talks to determine whether it wants to buy Pan American World Airways, a carrier that is ailing but still has valuable international routes, according to sources. The sources would not disclose whether any agreement was imminent, but theyNYT - 276 words
-
163 1987-01-17 6 Reuter US SEMICONDUCTOR companies are trying to form a chip-making consortium to combat their competitors from Japan, an eiffort that industry analysts welcome but say may run into federal government budget constraints and antitrust problems. The effort comes after two decades in whichReuter - 163 words
-
418 1987-01-17 6 Reuter PRICES closed higher in active trading on the New York Stock Exchange on Thursday. The Dow Jones Industrial Average rose 35.72 points to 2070.73, another new record, the ninth straight session that the Dow has moved to a new record. The NYSEReuter - 418 words
-
Article104 1987-01-17 6 JAN 18 C 29% <- Imp Oil CI A Inco 52% 18% 43% unch 44 1 22% 10% 17% 18% 12 36 McMil Bldl 49 1% 23 37% 1% 31 30% 23% 29% Northgate Exp 8% 29% Canadian Imp Bank 21% 19% Pina Point 7% 21% unch Carling O'Keafe104 words
-
Article202 1987-01-17 6 JAN IS RANO Truat Bk 140 -3 Un Steal 56 unch MDUSTRIAL3 Wooltru 1550 -25 A Alpha 1275B UWtti K>8 Abefcom 315 unch 7450 -35 1610 +10 Anglos 525 10 Angvaal AMlC 4625 25 Blyvocr 2500 -25 1970 -10 Butteis 8000 -175 3150 Charter 1850B -25 CNA 300 -10202 words
-
Article470 1987-01-17 6 JAN IS US 1 Eastern Airl N L Induat 6 74 56% A lean Alumin 32* Eli Lilly 61* 51% Alcoa 40% 33* 1* 6 Alleg Intl 15* 76* -•-2* 54% -i-l* Allied Sig 44% 29* Nswwont Mrig 2* Fluor Cp 14 Norfolk 91 FMC Cp 26 92*470 words
-
Article880 1987-01-17 6 Amsterdam JAN IS FLS ABN 520 00 10 Aegon 87 30 08 Ahold 107 10 1 7 A Wo 143 50 0 1 Alrenta 141 40 01 AMEV 74 00 2 1 Amro Bank 90 50 27 Am Stad 130 00 -0 5 Berkei 17 90 0 1880 words
-
Article62 1987-01-17 6 AFP GRAND METROPOLITAN, the Briitsh hotels, brewing and foods group, has taken over the Heublin wines and spirits affiliate from the American Nabisco foods group for US$l.2 billion. Heublin includes the Smirnoff vodka brand, which was valued at US$BOO million in the sale. Smirnoff is theAFP - 62 words
-
-
Page 6 Advertisements
-
Advertisement586 1987-01-17 6 m U wlm, mm mA in m TtOCHEW PORRIDGE BUFFET SS 50 tWW W(l ennacc H **50~ S5 *ir\;lhrvnrtv rlKl* (P er p efson You 030 rf *°y savoury l homely dishes such as braised pork 9 steamed stuffed bean curd 9 sambal bnnjal 9 fried salted fish 9 sauteed586 words
-
Advertisement123 1987-01-17 6 London slocks, Pago 15 Thunderstorm expected nightly from 8 pm except Sundays. Hold it, don't reach out for your umbrella. It's Thunderstorm, the band that'll be striking up. Come prepared instead for a downpour of latest hits any day from Bpm except Sundays, LouMgß CRovvn nuwtz HOT. 271) On-hard Road.123 words
-
-
ASIAN STOCKS
-
Article389 1987-01-17 7 HONGKONG: Share prices closed lower yesterday, though bargain hunting pared the losses after a day of seesaw trading, brokers said. The Hang Seng Index finished 16.55 points lower at 2,542.57, after a strong rise in early trading and a retreat of more than 30 points late in the afternoon.389 words
-
Article258 1987-01-17 7 JAN 1« NT t Kolin 26 70 -01 Kuochan Oev 24 70 0 2 All Sincere Indus 244 0 05 Lee Chang Yuen 31 00 -02 31 80 0 3 Cathay Cone 37 00 -0.3 Lien Hwa Indus 20 50 0 4 46 30 Nan Ya Pias 36 80258 words
-
Article430 1987-01-17 7 TOKYO: Share prices surged to new records in torrid trading yesterday on the Tokyo Stock Exchange, climbing on prospects for yet another interest rate cut and other new incentives for domestic demand. The Nikkei average of 225 selected stocks edged over the 19,000 yen barrier for the first time430 words
-
Article121 1987-01-17 7 JAN 16 WON Kai 1065 5 Cheil Sugar 2460 +100 Kangwon Ind Kia Motor ***** 1920 -300 -540 Daelim Ind 435 -5 Kolon Ind 3410 Daewoo Corp 929 •1 Korea Long Term 1770 70 Daewoo Heavy 1280 unch Lucky Ltd 1480 -50 Daishin Securities 5400 300 Oriental Brewery 1390121 words
-
Article371 1987-01-17 7 SYDNEY: Australian share markets closed lower yesterday as a late bout of heavy selling sent most sectors downward, brokers said. By the close of trading, the All Ordinaries Index was nine points lower at 1,531.6, the All Industrials marker slumped 17.3 to 2,407.3 and the All Resources Index shed371 words
-
Article148 1987-01-17 7 Reuter BANGKOK: The Stock Exchange of Thailand Index gained 2.97 to 212.50. Turnover totalled 1,667,579 worth 189.8 million baht. The Book Club Index was up 2.69 at 191.07. JAN It BAH7 Ao Kham Thai.... 166 Ayudhya Invaatmant 246 Bangkok Agro-tnd 77 Bangkok Bank 274 Bank Of Ayudhya 166 CharoongReuter - 148 words
-
Article99 1987-01-17 7 JAN 1* I pesos Mlftttfl 0 0014 unch Oriental B 0 03 -0 003 0 046 Anglo Phil 0 003 unch Ptwtex B 0 46 Apex Mining B 0 0550 -0 0025 Ptcoo B Atlas Con B 20 unch 282 50 Baguio Gold 0 007 0 001 114 unch99 words
-
Article81 1987-01-17 7 Reuter CHINA and Eastern Investment Co Ltd, an investment unit managed by Baring International Fund Managers Ltd, will be listed on the Hongkong Stock Exchange from Jan 20, the exchange said in a statement. The company, set up in July and mainly investing in companies withReuter - 81 words
-
403 1987-01-17 7 UPI PUBLISHING MAGNATE Rupert Murdoch appears to have won his battle tor control of Australia's largest media group, his archrival Robert Holmes a Court having agreed to withdraw his bid in exchange for several Murdoch newspaper and television properties. Under termsUPI - 403 words
-
Article137 1987-01-17 7 Reuter THE INDONESIAN government has begun the process of selecting state firms for sale to the private sector as part of a plan to make the economy more efficient, the Finance Ministry said. Oscar Surjaatmadja, the official heading the review, said the ministry yesterday began aReuter - 137 words
-
Article76 1987-01-17 7 Reuter NISSAN AUTOMOBILE Co Canada Ltd is thinking of building a plant worth US$2OO million to US$3OO million in Canada, company officials said at a press conference to announce a new Quebec distribution centre. "Our head office in Canada is studying an investment inReuter - 76 words
-
211 1987-01-17 7 AFP THE HONGKONG Securities Commission has refused to disclose its investigations into a statement made in the colony by Australian tycoon Alan Bond on the net asset value of his Hongkong foothold. Mr Bond's investment vehicle. Bond Corp International Ltd (BCIL), issued anAFP - 211 words
-
-
Page 7 Advertisements
-
Advertisement97 1987-01-17 7 ma/5* <y 1 Mr* to wiu«. «lti«« aai eatortoia £f%. Start of A New Experience Kinta-Mam Delightful Indonesian meals! Our specialties include Charcoal Grilled Seafood, Gado Gado. Sate (Satay). spicy Rendangs. Ayam Goreng. Chendol and more! Tickling your palate with an authentic Indonesian cuisine is only half the experience. The97 words
-
Advertisement147 1987-01-17 7 (Shrill .4 4 oSunday Brunch: A great family outing. It's a wonderful way to combine a kite breakfast with an early lunch on a lazy Sunday. Sausages, bacon, eggs any way you want them oysters, smoked salmon, tasty entrees, roast... right through to pastries, puddings, fruit salad and cheeseboord. All147 words
-
Advertisement186 1987-01-17 7 D Discotheque iiw -run 4- .1 m X* *>*y w <J Si 4 r Gong Xi Fa Cai Celebrations 28 to 31 Jan Dance into the early hours accompanied by the latest chart busters and disco favourites Fust Drink $29.. (Non-Member) $20.. per person (Member 1 Guest) Novelties Door Gifts186 words
-
Advertisement114 1987-01-17 7 THE MOST WONDROUS BUFFET LUNCH IN TOWN Enjoy a gourmet buffet luncheon at on ungourmet price' For starters, take your pick of our COW dishes prawns on ice. fresh oysters, smokea salmon, melon and dried ham. vegetable terrine. mixed seafood sotoa cooked assorted vegetables and homemade dressings Select your mam114 words
-
Advertisement208 1987-01-17 7 i: i A popular show band from the Philippines V d v 'A *'7t '.A J.jlo* l Singapore s most popular band Pren' M Happy Hour: 12 noon 7pm Buy a dnnb and get one free iurv Brands and bottle rates 25 OFF r.i/HXHttl fUfHIiU MM/.I W tCAIRNHILL HOTEL Ca-"--208 words
-
-
FEATURES
-
Article600 1987-01-17 8 THERE is something innately satisfying in our love for pets. Love, when it is for a pet dog, cat or bird, is almost always requited, giving the lover that warm feeling of success which it takes untold sleepless nights and litres of tears to achieve in600 words
-
2092 1987-01-17 8 ANNA TEO - The anti-smoking drive is accelerating. The current campaign is backed by private and public organisations, making the lobby against smoking bigger and stronger. ANNA TEO looks at how the tobacco companies are responding. This article was taken from the January issue of Singapore Business.2,092 words
-
115 1987-01-17 8 Larry Koh - Letter to the Editor Larry Koh DEAR SIR 'Executive Lifestyle' which appears every Saturday is interesting and valuable to readers of BT like me. The in-depth articles on Teck Hock in the Jan 8, issue of BT are valuable and commendable. I have one point115 words
-
-
Page 8 Advertisements
-
Advertisement148 1987-01-17 8 ft < Wiv 4 f**<u i Ksrk <t p +9v'/ IS YOUI fORDERFORM~* Yes, I would like to subscribe/renew J Please send the magazine to the following address: ~1 Address: Company: Designation:. argel^/ Tmoney order no:. Charge American Express Account Card No: Expiry date: for $49.00/171.25/J64.75 Signature: 1 Cheque/money order148 words
-
-
Page 8 Miscellaneous
-
Miscellaneous782 1987-01-17 8 CRYPTIC PUZZLE ACROSS 8 Foolishly the beet man goea in and reveal* the tacts (7) 9 Small, but txg where glasses are concerned (4-5) 13 What happens whan there san aast wind in Franca (5) 14 Lattar that aan irritation (S) 15 Batora giving thanka to the man at the782 words
-
-
Executive Lifestyle
-
Article571 1987-01-17 9 THE RESULT of HDB's attempt to demolish an old block of flats with explosives, is, by now, well known. To quote someone at the scene looking at the still standing building: "HDB blew it!" THIS WEEK, the people behind the annual courtesy campaign sought the views571 words
-
Article278 1987-01-17 9 TRENDS UPI WHAT HAS A DUSTY purple rind, reeembies a partly deflated rubber ball that haa been left out in the rain and just might prove one of the hottest new food products in ***** It is the pasaion fruit, actually named in reference to the crucifixionUPI - 278 words
-
Article, Illustration614 1987-01-17 9 ASAD LATIF - J> TiA/i/v^- With ASAD LATIF THE TELEPHONE RINGS. You clear your throat before picking it up, and then say as impeccably as your cleared throat will allow you: "Good morning, Business Times." A split-second silence, in which you expect to hear a charming voice of the614 words
-
Article, Illustration1270 1987-01-17 9 CHARLES SAVAGE - WALKING HOLIDAYS By CHARLES SAVAGE "THERE IS SOMETHING immensely exhilarating when tall gums tower into the blue heavens the subtle quality of the edges when they meet the sky how mysterious..." That's how Sir Hans Heysen, Australian painter, described some of the most beautiful countrysidePictures by courtesy of the Australian Tourist Commission - 1,270 words
-
Executive Lifestyle: Entertainment, the Arts & Pursuits
-
Article, Illustration980 1987-01-17 10 MONICA GWEE - VINTAGE WATCHES By MONICA GWEE SEVENTY DOLLARS is slightly more than what a Swatch costs and $750 is less than a brand new everybody-is-wearing-one Elba or a Cartier Santos. Some of the watches at Good Old Days are brandless, but any one would make more ofPictures by SIMON KER - 980 words
-
616 1987-01-17 10 LISA LEE - DANCE By LISA LEE AGAIN there was no word of welcome, no introduction of the group nor even a word on the background of the ballet. Instead, two rather nervous Latvians came onto the Kallang stage on Thursday night the Riga Ballet managing director and an616 words
-
Article, Illustration593 1987-01-17 11 JAIME LYE - CINEMA By JAIME LYE GOOD MORNING H.A.L. How do you feel? Good Morning. Fine. I think. my Circuits seem to be function- tag normally. That's good. Do you remember anything? I've been asleep, I think. For 10 years, that's right. Can *)tou remember what happened593 words
-
Article, Illustration707 1987-01-17 11 AMY BALAN - FOOD By AMY BALAN BACK IN the bad old days. Al Capone was the most notorious gangster. Today, in Chicago, the new Western restaurant in Amara Hotel, Al Capone is roast prime rib. Poor Al, you say. But then, The Godfather707 words
-
Article, Illustration733 1987-01-17 11 JAIME LYE - by JAIME LYE .WHAT SEPARATES the movies „shown on a normal week from those screened during school and public holidays generally is the amount of money spent on making them. So it is that Chinese New lYear will see several mega-bud-„get movies like Eddie Murphy's 1733 words
-
Article, Illustration841 1987-01-17 11 *1 INEMA: Ruthless People starr'n 9 Bette Midler, Danny DeVito. Showing at Orchard: 1.30; 4; 6.30 9.15. The Fly— starring Jeff Goldblum, Geena Davis. Showing at Cathay 11* 1 30* 4* 6.30; 9.15. Thunderblast starring Gregg Henry, Simone Griffeth, Michael J Pollard and Leslie Nielsen. Showing at Capitol and841 words
-
Article764 1987-01-17 11 JAIME LYE - compiled by JAIME LYE Film test line-up A TOTAL of 46 films have been committed for the first Singapore International Film Festival, 11 more than the original 35 that the organisers had planned. The mammoth event will open on Feb 20 at the Lido cinema with The Name764 words
-
-
Executive Lifestyle: Sports
-
631 1987-01-17 12 Brian Miller - TR/O UL. f«_a with Brian Miller VISITING JOCKEY Taffy Thomas, who had his wrists smacked by the stewards for some questionable "tactics" at the barrier last week, could redeem himself in Ipoh this afternoon and I'll have Phantom Ace 111, his mount in631 words
-
Article400 1987-01-17 12 WALTON MORAIS - GOLF By WALTON MORAIS CLASS USUALLY TELLS. The truth will out in the end. And one year after the truth of its class was told, the team from Sembawang begins the 1987 Premier League season tomorrow where it left off clear favourite to shine again.400 words
-
Article, Illustration593 1987-01-17 12 TENNIS UPI SOME OF THE WORLD'S top players yesterday blasted the atrocious conditions of the Kooyong centre courts that are now being used to decide the US$l.65 million Australian Tennis Open Championships. Last year, John McEnroe opened the attackUPI - 593 words
-
307 1987-01-17 12 AP DEFENDING CHAMPION Martina Navratilova of the US stayed on course for her fourth women's singles title yesterday in the US$l.65 million Australian Open Tennis Championships. She breezed past compatriot Camille Benjamin 6-2, 6-1 in the third-round match at Kooyong. Navratilova had toAP - 307 words
-
Article, Illustration347 1987-01-17 12 YACHTING Reuter EVERY TIME New Zealand's America's cup crew face Dennis Conner, their biggest obstacle is not the speed of Stars and Stripes but their self-image. Conner, 44, the man who lost yachting's most coveted prize to Australia, has sailed Stars andReuter - 347 words
-
Article276 1987-01-17 12 Reuter NEW ZEALAND cut Stars and Stripes's lead in the best-of-sev-en America s Cup challenge series to 2-1 yesterday when it took advantage of a dropped spinnaker by the American yacht on the second leg to win the third race by 38 seconds. StarsReuter - 276 words
-
896 1987-01-17 12 MIKE THUMBA - BRIDGE By MIKE THUMBA AFP FRED KARPIN says that in the opinion of experts, about 40 per cent of all game contracts are either fulfilled or defeated on the opening lead. Though this figure cannot be proved, he says in his book BridgeAFP - 896 words
-
America's Cup Notebook
-
Article41 1987-01-17 12 OLYMPIC yachtsman Ulli Libor has organised a German challenge for the 1990 America's cup. The short-term programme includes purchasing a 12-metre yacht and establishing a research and development programme backed by a US$lO million budget over three years.41 words
-
Article63 1987-01-17 12 DENNIS Conner's Stars and Stripes is better known for its J straight-line speed than for its ability to tack or manoeuvre. "We don't like to tack because that is playing New Zea- land's game and Chris Dickson's boat tacks a little better than we do," Conner said.63 words
-
Article89 1987-01-17 12 UPI THOUSANDS of patriotic New Zealanders are heeding the call to support their team, down 0-2 to Dennis Conner's Stars and Stripes. Well-wishers are sending an avalanche of messages of support and encouragement to the New Zealand headquarters. One such message included an inspirational poem: "Cheer upUPI - 89 words
-
-
449 1987-01-17 12 FITNESS J£&> FOR YEARS we have tried to "spot reduce" by exercising given muscles to burn off fat in the immediate area. The gyms are full of people doing endless situps in an attempt to eradicate unwanted pot-bellies. But this isn't how449 words
-
Article, Illustration59 1987-01-17 12 BOXING SUGAR RAY LEONARD working out for his April 6th fight with Marvelous Marvin Haglar at the George Mason University's Patriot Centre. The fight will be at Caesar's Palace in Las Vegas. Leonard said he didn't think he had lost any of his old speed59 words
-
-
Executive Lifestyle: Personal Investment
-
Article, Illustration305 1987-01-17 13 sop? RC GAUGING from the heavy volumes among certain key Malay-sian-based issues this week, overseas fund managers are slowly becoming more active in that laggard sector of the local market. Two counters that could benefit immensely are Public Bank and Magnum Bhd.RC - 305 words
-
695 1987-01-17 13 Ramesh Chandiramani - Confirmed Chuan Hup rights trading at discount KEEPING TRACK Ramesh Chandiramani SEVERAL readers called during the week to question the validity of our Investment Ideas claim that Chuan Hup Holdings's traded rights issue was selling at a discount to the valuation being placed on the main shares. In order to695 words
-
Article171 1987-01-17 13 Stock Price* on Price on Price on Weekly <%r M«y2($) Jan 9 Jan 16 Change change RISES Metro Hldgs 1.14 5.80 6.50 0.70 Singapore Land 2.14 5.15 5.70 0.55 DBS 4.70 940 9.90 0.50 F N 5.60 9.50 9.95 0.45 77.6 ICB 3.34 4.16 448 0.32171 words
-
196 1987-01-17 13 A LARGE INFLOW of investment capital from Hongkong, London and the U S helped buoy share prices this week, especially those of local trustee stock issues. Worries over political unrest in China, and the fate of Communist Party chief Hu Yaobang put pressure196 words
-
592 1987-01-17 13 FOREIGN EQUITIES INVESTORS in Mexico have stood in line to buy shares, the stock market index has raced upward at a dizzying pace and a general investing frenzy has gripped Mexicans as the nation's market enters what analysts there call a superboom. The rise592 words
-
Article, Illustration1128 1987-01-17 13 RAMESH CHANDIRAMANI - LOCAL EQUITIES mm By RAMESH CHANDIRAMANI NOW THAT there is a more favourable fundamental and psychological perception about Malaysian equities reinforced by significantly improved commodity and crude oil prices local and foreign fund managers have been prowling around the market looking for undiscovered value.1,128 words
-
-
-
Page 9 Advertisements
-
Advertisement49 1987-01-17 9 The Hour Glass Singapore's premier watch boutique with the largest range of watches in 5 convenient locations When you shop at The Hour Glass you shop with confidence. You're assured of the absolute authenticity of every timepiece you buy, of professional advice, competitive prices, international guarantees and after-sales care.49 words
-
-
Page 10 Miscellaneous
-
Miscellaneous2604 1987-01-17 10 Of westerns and Indian tales TODAY: Shane (3.55 pm, Channel 5) is a classic (1953) Western tale about good old heroes and such. Alan Ladd is the mysterious saviour on horseback who takes on the cause of a group of homesteaders being forced off their land by a gang of2,604 words
-
-
Page 11 Advertisements
-
Advertisement135 1987-01-17 11 yj* At Phuket •Jf SPECIAL MENU Suckling Sh»rk'»F ln Steamed Tigw A special Valentine package exclusively for you! 4 Day Special $499 Dep. 12/2 Book now! Limited seets only! Welcome farewell party Grand "Chap Goh Mei" dinner Candlelight Valentine dinner dance A gift for all ladies pomtret A 9 ,n135 words
-
-
Page 13 Advertisements
-
Advertisement27 1987-01-17 13 BT welcomes investment ideas and viewpoints from brokers, bankers and readers. Address all correspondence to: The Editor, Personal Investment, Business Times, 390 Kim Seng Road, Singapore 0923.27 words
-
Advertisement96 1987-01-17 13 s® ■*37 .v. V. It ■>» v•? Let BT show you the ropes for effective management every Monday BT, Singapore's biggest business daily, has two full pages on Management every Monday. This is essential reading for all successful professionals and executives. Incisive management news is ferreted out by our trained96 words
-
-
SHARE INFORMATION
-
Article, Illustration4174 1987-01-17 14 THE SINGAPORE stock market closed marginally higher on lighter volume yesterday after having recovered from an easier spell earlier in the day. Trading was again focused on Malaysian counters. The Straits Times Industrial Index finished 0.35 point higher at 949.91, while the more broadly4,174 words
-
Article269 1987-01-17 14 SINGAPORE Rises Indices i M tanking Jon 15 Jan 16 s«s 20 8T Comport* 838 15 843.10 W Cam Mam 3 •io 400 14 IT Inductor *****651 *****325 Ot 302 13 •T o«/os ♦220 230 FWna M ton 283 13 it cadi -6737 ■6763 M.g* low 50€269 words
-
Article3701 1987-01-17 14 i 810 and offer prices officially listed and business in and re ported to the Stock Exchange 01 j Singapore yesterday with the i number of shares traded shown in brackets in lots of 1,000 units unless otherwise specified. All I Time Settlement Contracts are3,701 words
-
Article213 1987-01-17 14 CHIN TECK PLANTATIONS Berhad: 28th AGM at No 107-1, Changkat Tambi Dollah, ***** Kuala Lumpur, today at 10am. PETALING TIN Berhad: 61st AGM at 1st Floor, Straits Trading Building, 4-8, Leboh Pasar Besar, Kuala Lumpur, on Monday, Jan 19. at noon. CEREBOS PACIFIC Limited: 5th AGM at the213 words
-
-
Page 14 Advertisements
-
Advertisement10 1987-01-17 14 KL market report, Business done on the KLSE, Page 1510 words
-
-
COMPANY NEWS
-
Article270 1987-01-17 15 ELAINE KOH - By ELAINE KOH HONG LEONG Holdings, the private* investment holding company of the Kwek family, is taking a controlling interest in a 1,000room hotel project in Taipei, now being developed by the Taiwan subsidiary of Apollo Enterprises Ltd (AEL). Hong Leong is injecting NT51.097270 words
-
161 1987-01-17 15 TAT LEE BANK'S stockbroking unit, Tat Lee Securities Pte Ltd, begins operations on Monday. The Stock Exchange of Singapore in a circular to members says two of Tat Lee Securities's directors, Messrs Ong Seng Chew and James Chan Kok Heng, have been formally elected161 words
-
Article127 1987-01-17 15 Reuter NEWS THAT Guinness PLC has fresA problems sent its share price down to 276 pence yesterday, 13 pence off levels late on Thursday. Turnover was more than five million shares, dealers said. Guinness's new chairman said in a letter to shareholders that the company's auditorsReuter - 127 words
-
240 1987-01-17 15 UK-BASED international trading group Inchcape PLC has regrouped its diversified operations in the Asia-Pacific region into a single new unit called Inchcape Pacific Ltd. Besides its operations in Hongkong, the other areas which will come under its new set-up include the Philippines, Japan, China, South Korea240 words
-
Article, Illustration638 1987-01-17 15 AMY CHEOK - Case involves alleged non-payment for 81,000 Roxy shares By AMY CHEOK MOHE LEGAL SUITS are piling up on Datuk Alex Lee. the beleaguered businessman-turned-poli-tican who is still stuck with a controlling stake in Roxy Electric Industries (M) Bhd. The latest is filed by638 words
-
Article2337 1987-01-17 15 BID and offer price* nfflrUlly Hated and >Mhl in and reported to the Kuala Lumpur Stock Exchange yesterday, with the number of shares traded shown in brackets in lots of 1,000 units unless otherwise specified. INDUSTRIALS Alcorn 1778 80$) (2) 76 (I) 78 12) 76.52,337 words
-
Article112 1987-01-17 15 HONGKONG Hongkong Index Friday 1621 Jl TKuodOy 1*34 95 WMk ago I6409B Hong Song index Frdoy *****7 Tfenday 2SS» »2 W.et ago 25*1 73 All Industrial* *.day 2*C?3 TKuriday 2424 6 Witt ago 2428 1 NEW YORK Dow Jones Thunday 2070 T3" Wadnaiday KLSOi Wm6 ago 3002 25112 words
-
Article665 1987-01-17 15 Renter ANOTHER BOUT of buying brought the FTSE 100 share index over the 1800 level yesterday, and by 1156 GMT, the index was 11.8 points above Thursday's closing, at a new high of 1800.8. On Thursday, the FTSE 100 gained 23.8 points to 1789.0, while the FT 30Renter - 665 words
-
Article241 1987-01-17 15 Managers' prices MARA-Bumiputra for Jan 17 19 First B'putro 540 545 Singapore Unit Trust Second 6 putro Third B'putro 489 383 494 388 The CoMtrct 0 93 1 00 Fourtti B'putro 440 44$ The Savings Fund 086 092 Fifth B'putro 283 288 Spore Prog fund 037 041 S.ntti241 words
-
Article309 1987-01-17 15 SHARE PRICES finished mixed to slightly steadier on the Kuala Lumpur stock exchange yesterday in active trading. Industrial counters were comparatively less active than plantation issues, which were feverishly sought after, particularly after the noon break. Cases in point were Consplant in oil palms and K309 words
-
-
Page 15 Advertisements
-
Advertisement123 1987-01-17 15 NOTICE NOTICE IS HEREBY GIVEN that, I Teo Yang Chuan of No. 29 Marine Crescent #24-23, Singapore 1544, have applied for a First Class Beer House licence in respect of premises at M/s. Local Food Centre Pte Lta at #02-249 (stall no. 9) Marina Square, 6 Raffles Boulevard, Singapore 0103,123 words
-
Advertisement8 1987-01-17 15 w lanoge BT shows you how every Monday.8 words
-
Advertisement340 1987-01-17 15 NOTICES OFFICIAL NOTICE PROPOSAL TO CHANGE OF SHIPS NAME We. SHENTON SHIPPING PTE LTD., of 16, Raffles Quay, #43-01. Hong Leoog Building. Singapore 0104, hereby give notice that in consequence of our purchase of the below mentioned ship, we have applied to the Registrar of Singapore Ships, under Section 417340 words
-
Advertisement309 1987-01-17 15 OFFICIAL NOTICE PROPOSAL TO CHANGE OF SHIPS NAME We, KARECO PTE LTD. ofl6, Raffles Quay, #43-01. Hong Leong Building, Singapore 0104, hereby give notice that in consequence of our purchase of the below mentioned ship, we have applied to the Registrar of Singapore Ships, under Section 417 of the Merchant309 words
-
Advertisement312 1987-01-17 15 OFFICIAL NOTICE PROPOSAL TO CHANGE OF SHIPS NAME We, HORTENSIA TRADING PTE. LTD., of 36, Robinson Road, #05-01, City House, Singapore 0106, hereby give notice that in consequence of our purchase of the below mentioned ship, we have applied to the Registrar of Singapore ships, under Section 417 of the312 words
-
-
509 1987-01-17 16 Protectionism in US likely to intensify, say economists Reuter RISING EXPORTS and falling imports boosted Japan's trade surplus to a record U5582.67 billion in 1986, the Finance Ministry said yesterday. The figure, the largest ever chalked up by any country and far above theReuter - 509 words
-
Article179 1987-01-17 16 AP SOUTH KOREA'S current account surplus in 1986 totalled an unprecedented US$5 billion, more than the government's previous estimate of US$4.5 billion. Koo Bon-Yung, the directorgeneral of the third bureau of the international policy coordinating office at the Economic Planning Board, announced the revised figure yesterday.AP - 179 words
-
Article, Illustration312 1987-01-17 16 LUCY NG - By LUCY NG BANKS are paving the way for another year of national wage standstill, with nearly all unionised banks implementing a wage freeze for 1987. The wage freeze will affect 43 of the 48 banks whose employees are unionised under the Singapore Bank Employees312 words
-
254 1987-01-17 16 Bernama ES MALAYSIA exported M 51.37 billion worth of goods under the Generalised System of Preferences (GSP) during the first six months of 1986, up 53 per cent from the same period in 1985. The Ministry of TradeBernama ES - 254 words
-
98 1987-01-17 16 Bernama ES THE MALAYSIAN Ministry of Trade and Industry has planned four overseas trade missions and three trade fairs during the first four months of the year, in efforts to intensify market access for Malaysian products. The four trade missions and three trade fairs inBernama ES - 98 words
-
105 1987-01-17 16 Bernama THE RESPONSE to the Malaysian International Shipping Corporation's (MISC) public issue of 56.99 million shares which closed yesterday was overwhelming and "within the expectation of investment analysts and merchant bankers A spokesman from MIDFCCS, the issuing house, said that at the end of counting,Bernama - 105 words
-
193 1987-01-17 16 Reuter JAPAN'S Vice-Minister of Finance for International Affairs, Toyoo Gyoten, has said the country will continue flexible intervention in foreign exchange markets, carefully gauging the market psychology as monotonous dollar buying intervention could intensify speculation. He told the Nihon Keizai Shimbun in an interview publishedReuter - 193 words
-
Article56 1987-01-17 16 Bernama ES ONLY BETWEEN 40 and 50 per cent of the depositors of Koperasi Jayadiri Malaysia Bhd (Kojadi) have collected their refunds since payment centres were opened on Thursday. The cooperative said yesterday that there was no rush to obtain payments at the centres, which haveBernama ES - 56 words
-
476 1987-01-17 16 AT 16. LEE KUAN YEW took up smoking to prove he was grown up. When he grew up, politics made him quit. •Sharing his experience with smoking in a television interview with Friday Background, the Prime Minister recalled how476 words
-
Article136 1987-01-17 16 FIVE NEW board members have been appointed to the National Productivity Board. They are: Dileep Nair, the newly-appointed director of the Ministry of Trade and Industry; Bonno H Hylkema, the chairman and managing director of Philips Singapore; C N Watson, the Sembawang group's chief136 words
-
226 1987-01-17 16 AFP INDONESIA'S foreign minister yesterday welcomed the Soviet Union's call for improved ties with the Association of Southeast Asian Nations (Asean) but said it was up to Moscow to put words into deeds. Foreign Minister Mochtar Kusumaatmadja also said recent fighting on the Sino-Vietnamese border wouldAFP - 226 words
-
301 1987-01-17 16 AP THE AMERICAN government is lifting a ban on exports of oil and gas drilling equipment to the Soviet Union to aid a hard-pressed US industry, not to signal satisfaction with Soviet human rights progress, Commerce Secretary Malcolm Baldrige said.AP - 301 words
-
260 1987-01-17 16 CREDITOR BANKERS of Teck Hock Co yesterday extended the moratorium period by another two weeks as the troubled coffee and commodities giant is still negotiating with its prospective buyers. BT understands that a sixmember team was yesterday flown in by one of the260 words
-
197 1987-01-17 16 CHEAPER PORK, RICE, electricity and petrol contributed to a 1.4 per cent drop in the consumer price index (CPI) last year, the first fall in a decade. But the year ended with the month of December showing a marginal increase of 0.1 per197 words
-
227 1987-01-17 16 AFTER their first meeting, Brunei authorities have agreed to communicate regularly with representatives of more than 30 Singapore banks that are owed about $400 million by the National Bank of Brunei. A three-paragraph joint statement issued yesterday said the NBB227 words
-
Article92 1987-01-17 16 Reuter COMEX GOLD FUTURES recovered to their unchanged levels on buying by foreign traders yesterday morning in anticipation of renewed dollar weakness before the day is out, analysts said. In a nervous market, gold for delivery in February held at Thursday night's close of U*****.00 an ounce afterReuter - 92 words
-
Article71 1987-01-17 16 Reuter WALL STREET prices moved higher in early trading yesterday as the market attempted to extend its new year rally into an 11th consecutive session. Stocks got some help from the bond market, which improved on speculation of a discount rate cut in Japan. The Dow JonesReuter - 71 words
-
LATE FILE
-
Article44 1987-01-17 16 Reuter BRITAIN has named diplomat and Mandarin scholar Sir David Wilson as the new Governor of Hongkong. The Foreign Office said Queen Elizabeth had approved the appointment of Sir David, 51, to succeed Sir Edward Youde, who died last month.Reuter - 44 words
-
Article61 1987-01-17 16 Reuter PRESIDENT Corazon Aquino's sister-in-law arrived in Cotabato yesterday to negotiate a ceasefire end to three days of Muslim rebel attacks which threaten a weekend visit by the president. Armed Forces Chief Fidel Ramos said 30 people, mainly rebels, died and 57 were injured in theReuter - 61 words
-
Article38 1987-01-17 16 Reuter SOUTH AFRICA has eased its ban on Mozambican workers and is allowing about 30,000 to Keep their jobs in the country's crucial gold and coal mines, the mine owners said yesterday. ReuterReuter - 38 words
-
Article42 1987-01-17 16 Reuter THE SOVIET UNION has invited some 40 industrial leaders from Western Europe and the United States to a threeday conference in Moscow to be attended by Soviet leader Mikhail Gorbachev, a Norwegian industrialist Oscar Munch said yesterday.Reuter - 42 words
-
Article32 1987-01-17 16 Reuter THE CHINESE government has invited former West German Economics and Finance Minister Karl Schiller to advise Beijing on economic reform, a Chinese official said yesterday. ReuterReuter - 32 words
-
32 1987-01-17 16 Reuter A LEADER of the largest faction of the ruling Liberal Democratic Party said Prime Minister Yasuhiro Nakasone will not stay in power beyond October. ReuterReuter - 32 words
-
Article38 1987-01-17 16 Reuter THE Soviet Union favours an open forum on Kampuchea bringing together the warring factions and foreign countries concerned about the eight-year conflict there. Moscow's Ambassador ta Thailand said in an interview published yesterday.Reuter - 38 words
-
Article32 1987-01-17 16 UPI TWO JETLINERS belonging to Adnan Khashoggi, the Saudi millionaire who helped funnel US arms to Iran, have been seized by French authorities, border police said yesterday. UPIUPI - 32 words
-
Article41 1987-01-17 16 UPI SWITZERLAND'S foreign trade deficit amounted to 6.5 billion Swiss francs last year, 20 per cent lower than in 1985, the Swiss government reported yesterday. At current exchange rates, last year's deficit was equivalent to U554.23 billion.UPI - 41 words
-
-
Page 16 Advertisements
-
Advertisement116 1987-01-17 16 BusinessTmes Whether you're a surgeon, lawyer, contractor or engineer, you need to be kept well informed to maximise returns on your money. In the same way a surgeon needs his tools to operate, he needs Business Times to help him make sound investments. Fluctuations in shares, in local, regional and116 words
-
-
Page 16 Miscellaneous
-
Miscellaneous50 1987-01-17 16 Outlook: Showors ovor aovoral areas In ttw afternoon Roport for 24 hours prior to 7.30pm on Jan It at tho airport Maximum tomparaturo 30.3 Associated humidity 70 Minimum tamporaturo 23.3 Aaaodatad humidity 05 Hours oI sunshlr>« 5.15 Rainfall in miilimstrss traco Rainfall this month 424.9 Rainy days this month 850 words
-