The Business Times, 24 January 1987
1987-01-24
1
16
https://www.nlb.gov.sg
https://eresources.nlb.gov.sg/newspapers/browse/biztimes
The Business Times
-
Title Section12 1987-01-24 1 BUSINESS TIMES M.C. (P) No. 112/12/86 SATURDAY, JANUARY 24, 1987 75 CENTS12 words
-
Article, Illustration225 1987-01-24 1 STOCK MARKET PROFIT-taking and a lack of fresh buying interest drove the market down across the board in moderate volume yesterday. Rumours over a leading bank still worried investors. The Straits Times Industrial Index fell further downwards, to close 5.55 points lower at 939.58. The more broadly-based225 words
-
Article, Illustration435 1987-01-24 1 ANNA TEO - By ANNA TEO SINGAPORE AIRLINES's deputy chairman Lim Chin Beng has been named 1986 Businessman of the Year, while Tee Yih Jia Food Manufacturing Pte Ltd won the new Enterprise Award. Both winners last night vividly painted the concept of the "common good'"435 words
-
Article, Illustration400 1987-01-24 1 That vital decision in 1971 MR LIM CHIN BENG cannot recall any particularly difficult decision he had to make for Singapore Airlines. But he certainly remembers the most vital. "It was in 1971, when we decided to order two 7475," he said yesterday. SIA, then only a "paper company". "There400 words
-
322 1987-01-24 1 LUCY NG - By LUCY NG PHARMACEUTICAL giant Glaxo won its fight against Regent Pharmacy yesterday when the High Court granted a permanent injunction to stop Regent from bringing in parallel imports of a popular drug. Regent was being sued for patent infringement of Glaxo's ulcer medication,322 words
-
137 1987-01-24 1 EXPECTATIONS THAT a cut in the West German discount rate would lead to a fall in interest rates worldwide have propelled the New York and Tokyo stock markets to record levels. The Dow Jones Industrial Average, which soared by 51 points on Thursday,137 words
-
Page 1 Advertisements
-
Advertisement280 1987-01-24 1 Nikon THE WORLD'S FINEST PHOTOGRAPHIC SYSTEM BUSINESSMAN OF THE YEAR AWARD AND ENTERPRISE AWARD SHARE INFORMATION MONEY A EXCHANGES RAW MATERIALS LETTERS TV A RADIO CROSSWORDS DOONESBURY OUR VIEW AN ENGLISH NOBLEMAN recently caused some consternation by announcing that he wanted his corpse to be fed to strays at the280 words
-
Advertisement9 1987-01-24 1 Whsn duty Is ths spirit that rulss, Psgs 29 words
-
Advertisement465 1987-01-24 1 Nikon THE WORLD'S FINEST PHOTOGRAPHIC SYSTEM LifjC lty£c Sheer economy: Lunar new year tips from two designers Page 9 Win a free weekend stay and dinner at the Shangri-La Hotel Page 10 Committing the perfect literary crime Page 9 Review of Courvoisier's Book of the Best Page 10 TV programmes465 words
-
-
HOME NEWS
-
Article, Illustration681 1987-01-24 2 ANNA TEO - Businessman of the Year shares limelight with three SIA staffers By ANNA TEO THE HOUR OF GLORY for Singapore's Businessman of the Year (BOY) was shared last night by three Singapore Airline staffers who symbolised the SIA spirit. "I hope Business Times and681 words
-
Article349 1987-01-24 2 LOH HUI YIN - By LOH HUI YIN NEW FACES filled the Tetra Pak Pacific boardroom yesterday. But it was only for one day. The group «which held its board meeting there had ho intention of taking over the company. Nor was Tetra Pak renting board room space349 words
-
Article236 1987-01-24 2 TWENTY-SIX CUSTOMERS of the BP petrol station at Adam Road have signed a petition supporting their dealer, Tom Gwee, in his tussle with British Petroleum. "For BP to inconvenience us by saying that Mr Gwee is 'unsuitable' to serve customers, is really ridiculous," they said236 words
-
Article104 1987-01-24 2 BIDS STARTING at $1,000 for car registration numbers will be held again for the SBD series from SBD 0001 to 6000 from Jan 26 to Feb 7. An announcement from the Registry of Vehicles said the numbers in the series can only be used by car104 words
-
Article, Illustration352 1987-01-24 2 BARRY ROBERTSON has been appointed the chief manager of the Singapore branch and regional office of Westpac Banking Corporation Mr Robertson, 42, takes over from RALPH SPRING, who has been named the senior manager of corporate and international group of the bank's head office in Sydney. Before352 words
-
Article98 1987-01-24 2 FIRST DEPUTY Prime Minister Mr Goh Chok Tong yesterday was the guest of honour at a Vin D'Honneur commemorating Australia Day at the residence of the Australian High Commissioner, Mr W P J Handmer. Also attending the function, held in conjunction with the 19998 words
-
Article221 1987-01-24 2 HOLIDAY TRAINING for some Ngee Ann Polytechnic students this year can include a "real" holiday in another country. Starting this year, overseas attachments will be available to Ngee Ann Polytechnic students under the Vacation Training Programme (VTP). But while some 3,000 students must undergo the programme221 words
-
114 1987-01-24 2 ELECTRICITY RATES will be cut again this time by an average of 4 per cent, for a three-month period starting Feb 1. The latest cut will be the sixth since November 1985. But rate increases may be in the offing. In announcing the latest114 words
-
376 1987-01-24 2 THE LAST NIGHTSOIL bucket latrine in Singapore will be phased out today marking the end of more than 100 years of the bucket system in Singapore. Ninety-nine per cent of Singaporeans enjoy modern sanitation with the majority 90 per cent connected to376 words
-
Article, Illustration331 1987-01-24 2 NAJEEB JARHOM - By NAJEEB JARHOM AN AIR FORCE medical centre specialising in aviation medicine could be extended to serve civilian needs as well, said Dr Yeo Ning Hong, the Minister for Communications and Information and Second Minister for Defence (Policy). This is the331 words
-
Article1026 1987-01-24 2 AT CONVENTIONAL WHARVES AT CONVENTIONAL WHARVES lndoh ok**** 2*01/2300 Bang mod J12 alongside 24.01/1930 VmmI Berth Arrival Daparlura j* J atony** olongs*ie 24.01 AJ700 KEPPEL WHARVES Medio J12 along** 2401/0600 Golden Harvest K26 alongside 25.01/0600 Nioga XXXI J3 24.01/0730 2501/0600 Hengshui K29 alongside 24.01/2300 Polar J2 2401/06001,026 words
-
-
Page 2 Advertisements
-
Advertisement10 1987-01-24 2 WORLDWIDE EXPRESS Prompt pick-up ax! delivery 24 hours a day10 words
-
-
OVERSEAS
-
544 1987-01-24 3 NYT NEWS that the American economy grew at a sluggish 1.7 per cent rate in the final three months of 1986 reflected a weaker showing than the Reagan administration and private economists had expected. The Commerce Department in Washington said yesterdayNYT - 544 words
-
Article89 1987-01-24 3 AFP PENNSYLVANIA State Treasurer Budd Dwyer, convicted of accepting bribes, shot himself dead in Harrisburg on Thursday at a press conference during which he was expected to announce his resignation, witnesses said. After reading a long statement rejecting the bribery charges, Mr Dwyer took a pistolAFP - 89 words
-
179 1987-01-24 3 AP THE PRICE OF OIL should bounce back to at least US$2B a barrel by the end of this year, predicts Armand Hammer, the chairman of Occidental Petroleum Co. That would be almost $10 higher for West Texas Intermediate crude, consideredAP - 179 words
-
Article, Illustration49 1987-01-24 3 LONG ISLAND commuters, harried by a lowday railway strike, have had to resort to a variety of transportation modes, from car pools and boats, to get around. A slightly higher level of transport ante lis flying by helicopter, as those two businessmen have dona.49 words
-
411 1987-01-24 3 AP OPPOSITION CRIES of "cov-er-up" and "corruption" enveloped Prime Minister Brian Mulroney's government this week. The affair that has Mr Mulroney's Conservatives reeling from daily revelations concerns a CsBoo million (US$43B million) defence contract won last year by Oerlikon Aerospace Inc, the Quebec subsidiary ofAP - 411 words
-
324 1987-01-24 3 FT THE SOVIET UNION has agreed to cut back ha oil exports by 7 per cent in order to support the price charged by Opec. Hisham Nazer, the Saudi Arabian Oil Minister, said on Thursday that this meant an estimated reduction inFT - 324 words
-
320 1987-01-24 3 AP BUFFETED BY repeated failures in its attempts to mediate a peaceful settlement to the conflicts of Central America, the so-called Contadora group suffered another setback this week. As before, the multinational mediating effort failed to bring together the very countries it hasAP - 320 words
-
Article, Illustration490 1987-01-24 3 AP US TREASURY SECRETARY James Baker 111 has refused to say whether the US may take specific steps to stop the sharp fall of the dollar against the Japanese yen. Mr Baker said on Thursday he was pleased with the outcome of Wednesday's meetingAP - 490 words
-
324 1987-01-24 3 Reuter EUROPEAN Community Commission president Jacques Delors on Thursday accused the US of blackmail in its trade and economic relations with the 12-na-tion community. In a blistering attack on Washington, he told the European Parliament the unchecked fall of the dollar was straining theReuter - 324 words
-
Article831 1987-01-24 3 ARRIVALS Operator JtfVKt number tkiw From KAL ICE624 0650 KUL MAS MH811 0910 PW MAS MH671 0920 KUL AC nm 0950 YYZ/LHt/IQM CPA CX710 1015 CGK MA BU21 1030 IWN CIA GA960 1100 CGK SU SQ105 1105 KUL StA SQ201 1145 CGK CAAC CA397 1150 HAK THAI831 words
-
183 1987-01-24 3 AP THE EUROPEAN Community (EC) has agreed to help the Asean Committee on Tourism to promote tourism, chairman of the committee, Hamzah Majid, said on Thursday. The proposals were made during a three-day meeting of the Asean Travel Forum (ATF) '87 which endedAP - 183 words
-
Article145 1987-01-24 3 Reuter AN OFFICIAL Chinese newspaper yesterday listed the prices of stocks and bonds traded at markets in Shanghai and Beijing, the first such listing since 1949. The Economic Information newspaper gave the buy and sell price of the one bank bond available at the ShanghaiReuter - 145 words
-
463 1987-01-24 3 AP PEOPLE IN the 12-member nations of the European Community are more optimistic about their future than at any time this decade. according to an ECsponsored poll released on Thursday. The survey results also said support for the economic and political unification of WesternAP - 463 words
-
-
Page 3 Advertisements
-
Advertisement56 1987-01-24 3 1 —v w T bu sines s person's choice. I 3 I\/I 13 /V\/ every Tuesday, Thursday, Saturday I jl 11/ 11 A/-\| and Sunday. Leaving Changi Airport I J\_J\ VJJ XL at 22:05 hours and arriving at Bombay at 00:30 hours. Call Air Canada at *****55 or your Travel56 words
-
-
Page 3 Miscellaneous
-
Miscellaneous39 1987-01-24 3 Doonesbury SORKi NO SKIN OFF t&'&IATB MNOse. OF AGAIN, MRS. GOUXSe, IMB UJICKSR. OTH&tKIPS m M <«« 1 mm ft WCHIN6 S™™? -maTUde. WW* 10U60T IHISWEeK*> CHECK? m M m i* BY GARRY TRUDEAU 1 '/i 4 4 nfi! 7A39 words
-
-
WORLD BACKGROUND
-
Article, Illustration876 1987-01-24 4 Country in the grips of unemployment, strikes, and high interest rates AP AT DUBLIN AIRPORT, workers striking for higher pay cluster around Aer Lingus planes to keep them from taking off. Outside the Shelbourne Hotel, which calls itself "the most distinguished address in Ireland,"AP - 876 words
-
656 1987-01-24 4 Reutar LATEST IRAN-IRAQ war developments have cast a cloud over hopes for economic recovery in Gulf Arab countries and affected investment. Bankers and businessmen in the region said this week that international trade with Iran and Iraq had slumped to its lowest levelReutar - 656 words
-
661 1987-01-24 4 Reuter VEGETABLE FARMER Ng Ah Nam says he will probably mark next week's Lunar New Year the biggest festival for Malaysian Chineee with a protest over the loss of his family'a life ssvings instssd of ths ususl binge. "I was reeponsiblsReuter - 661 words
-
-
RAW MATERIALS
-
Article101 1987-01-24 4 OIL PRODUCTS PRICES of all products weakened on the Asian petroleum products market yesterday. Naphtha was weaker as Japanese buyers withdrew. Fuel oil slid again in bearish sentiment as sellers proceeded to unload their barrels. Jet kerosene plunged with recent trade almost US$2 a barrel prices for crude (FOB origin)101 words
-
Article175 1987-01-24 4 MALAYSIAN crude palm oil prices closed yesterday with extended rises on further speculative buying and covering, prompted by talk of palm oil purchases by India and the Soviet Union on Thursday and higher Chicago soyoil futures. However, trading was generally thin as operators preferred to wait for confirmation175 words
-
Article135 1987-01-24 4 Chinese Produce Exchange Soilon' noon doting prtcos on Jon 23 (SS/100 kg). Coconut oil Mi FOB 86.00 Otd drum FOB 96.00 Now dram FOB 100.00 Robutta 20/25% FOB NSW Nutmeg 110 FOB NSW BWP FOB NSW Gombier FOB NSW 415.00 1447.00 1337.00 330.00 Copra Mlxod (too**) Pepper Muntok135 words
-
Article17 1987-01-24 4 KL TIN Closing prtcM on Jon 23 Price 17.20 down 0.02 Turnover (ton nes) 140 up 4817 words
-
Article335 1987-01-24 4 RAS prices mscm**fobikm NOON CLOSE tuyere Setters Buyers Setters Int 1 RSS Prompt 191.50 192 JON 191 JO 192 JON irrt 1 RSS Feb 87 191.00 192.00 191.00 192.00 Int 1 RSS March 187 JO 188.25 187 JO 188.25 Int 2 RSS OP 181 JO 183 JON335 words
-
Article86 1987-01-24 4 (cants/kg, 1 -ton polWti) FEB 87 MAR 87 (currant month) (forward month) NOON NOON RAS luyart $«H«n tvyan SSR 20 177 JO 179.50N 178 JO 180 JON SS» 50 175 JO 177.50N 176.50 178 JON MRELB fciyan Saltan Ivyan SMR CV 286.00 288.00N 287.00 289.00N SMR L86 words
-
Article264 1987-01-24 4 SINGAPORE Prices closed slightly higher yesterday, with February One RSS buyers quoted at 191.00 cents s kg, up 0.50 cent from Thursday. The 0.50 cent advance was recorded during the morning on some weekend short-covering in quiet trading and prices were little changed in thin afternoon activity due to264 words
-
Article60 1987-01-24 4 Bangkok [USS/tom. FOB) White Rice 100% 1*» ctoii 250 100% 2nd ckm 215 100% 3rd dots 210 5% 200 10% 195 15% 190 20% 180 25% 175 35% 175 Broken Rice A-1 Super 123 A-1 Special 120 C-l Special unq C-1 Ofd unq Loonzain Rice 100% 1«t grod« 100%60 words
-
Article160 1987-01-24 4 THE PRICE of Mn on the Kuala Lumpur Tin Market fad two cents yeslsrday on Incrsaasd offerings to MSI7JO par kg from Thursday after a brief trading ■■■■lon. The fall waa due to higher ttn suppllea. aa cashstrapped miners continued to aaN stocks ahead160 words
-
Article143 1987-01-24 4 SOYBEAN FUTURES on the Chicago Board of Trade closed narrowly mixed on Thursday, up US cent a bushel to down X with near March settling at U554.97, up The weak dollar and fol-low-through buying from Wednesday's rally pushed soybeans ahead from the outset but nearby months met persistent resistsnce143 words
-
Article209 1987-01-24 4 WHEAT FUTURES on the Chicago Board of Trade closed mixed on Thursday, down 1% US cents to up 1K cents a bushel. Near March settled at USS2.B6K. off 1% cents. Selling from one commercial house depressed old crop wheat while forward months made small gains. The weak dollar was209 words
-
Article927 1987-01-24 4 COFFEE Robusta futures settled mostly higher on Thursday on buying related to trade perceptions that roaster demand has been greater than was previously thought Prices closed £40 per tonne higher to £5 lower, with most active March ending the afternoon call up £25 at £1,805. Volume was 5,790927 words
-
-
BANKING AND FINANCE
-
460 1987-01-24 5 Reuter CITIBANK NA, facing protests in Manila over its role in Philippine debt negotiations, broke its silence to say it is inappropriately being singled out. In a memorandum to its Manila staff, the bank said it and other banks will present a count-er-proposal to theReuter - 460 words
-
225 1987-01-24 5 AP THE Canadian government is planning to designate Montreal and Vancouver tax-free international banking centres, leaving out an angered Toronto, the nation's established financial capital. Richard Remillard, spokesman for Finance Minister Michael Wilson, told the Associated Press in a telephone interview on Monday that legislationAP - 225 words
-
185 1987-01-24 5 Reuter THE CHAIRMAN of Japan s Life Insurance Association, Terumina Tsuchida, says life insurance companies will react cautiously to foreign bond investments if the dollar continues its slide against the yen. However, the spokesman for Meiji Mutual Life Insurance Co, of which Mr TsuchidaReuter - 185 words
-
489 1987-01-24 5 AP FEDERAL and industry officials say the insurance fund that covers some US$B9O billion in Savings and Loan Association deposits will run out this year, but there is disagreement on how to replenish it. They say the Federal Monetary System couldAP - 489 words
-
407 1987-01-24 5 Reuter US CONSUMERS, who already owe about US$665 billion, look set to continue a credit card spending spree despite tax changes that are bad for debtors. "I fear what will ultimately bring consumers to their senses will be a recession, atReuter - 407 words
-
536 1987-01-24 5 Reuter FOREIGN BANKERS in Oslo see Norway's liberalised banking rules as leading to increased profits this year despite Chase Manhattan Bank's decision to cease foreign exchange trading. Officials of foreign banks, allowed to operate subsidiaries in Oslo since 1965, said yesterday that accessReuter - 536 words
-
-
MONEY AND EXCHANGES
-
Article744 1987-01-24 5 SINGAPORE: The US dollar closed generally firmer against major currencies yesterday on short-covering and speculative buying after moderate trading. The dollar firmed initially on a Japanese television report which said Finance Minister Kiichi Miyazawa and US Treasury Secretary James Baker had agreed to joint intervention at their currency744 words
-
Article49 1987-01-24 5 RESULTS OF TENDER held yesterday for 91-day bills to be issued from Jan 26 to Jan 28: Offered: $150,000,000 Applied for: $337,960,000 Allotted: $150,000,000 Accepted bids: $99.44 and approximately 54 per cent higher bids in full. Average rate of discount on allotment 2.195 per cent per annum.49 words
-
Article206 1987-01-24 5 Asian market ASIAN DOLLAR deposit rates closed steady yesterday at opening levels in quiet afternoon trading. Activity was slow in the afternoon as most operators were sidelined on lack of interest ahead of the weekend. us$ Off*r Md 7 6ay* 6 1/4 6 1/8 1 month 6 3/16 6 1/16206 words
-
Article236 1987-01-24 5 Interbank rates at 3pm yesterday: CwTWOlM HtnM PriH MftlMlM BM <Mhr crmm pari* e#w e dottoi n to on* unit of Foroign currancy: US da8ar 2.1400 2.1410 ***** -24.10 SitribiQ pour id 3.2463 3.2500 7.3469 -5541 Ailiutmi dc liter 1.4166 1.4194 3.4286 -5848 NZ Mar 1.1502 1.1529 3.4286236 words
-
Article, Illustration126 1987-01-24 5 THE OVERNIGHT rate on the Singapore interbank market closed at 4-1/2 per cent yesterday, up 3-1/2 point from Thursday. The term rates remained unchanged at 3-1/4 each. prim* Mhfl nSeeTe? 12 mafor tn «wipi i S$ Interbank rates at 7pm yesterday: OHw Md O««r- 4 1/3 4 I126 words
-
Article299 1987-01-24 5 HONGKONG: The metal closed lower yesterday on late selling by small investors as the dolIsr strengthened on expectations that the US and Japanese central banks would intervene to support the currency. Bullion settled at U*****.30/80 an ounce against an opening of U*****.50/408 00 and New York's final U*****.25/75.299 words
-
Article577 1987-01-24 5 BA Futures MARCH Eurodollars opened unchanged yesterday from Thursday's close at 94.03 and stayed within a tight range of 94.03 and 94.04 initially in cautious trading. However, Bank of Japan governor Satoehi Sumita's comment that the central bank will not cut the diecount rate saw further selling pressure duringBA Futures - 577 words
-
-
INTERNATIONAL STOCKS
-
Article298 1987-01-24 6 Reuter ANGLO-IRISH Brewing company Guinness, embroiled in a major financial scandal, announced on Thursday it had turned down a merger offer from the Argyll Group supermarket chain which it defeated last year in a bitter takeover battle for the scotch whisky maker Distillers Co. In anotherReuter - 298 words
-
184 1987-01-24 6 AP LONDON'S troubled financial district, shaken by an insider-trading scandal at brewing giant Guinness, was further jolted on Thursday by an official report demanding more reforms at Lloyd's of London following huge insurance market scandals. The report by a govern-ment-appointed panel headedAP - 184 words
-
394 1987-01-24 6 Reuter WALL Street stock prices soared higher in heavy trading on Thursday. A barrage of arbitrage related buy programs and heavy institutional demand propelled stocks to their highest levels of the day, traders said. The Dow Jones Industrial Average rose 51.60, a record oneReuter - 394 words
-
Article139 1987-01-24 6 JAN 22 cs 32% 1% irvco Int Prov Pipa lu Int) IS 43% 22% 44 1 Karr Addison 17% 10% unch 11% unch 19 McMil Bidi 50% Bank Of Montraal Ml Canada 36% 39% Moiaon A 23% Bp Raaourcas 36* unch 23% >1% 30% Camptoi Laka 30% 29% Canadian139 words
-
Article170 1987-01-24 6 JAM 22 RAND MOUmtlALS Tongaat Truat Bk Un Steal Woottru 925 142 50 1525 25 2 unch unch A Alpha Abarcom. 1350 MM NOS Aaci *****6 1500 Amapfop 500 unch AMIC 5000 1080 -15 Buftas 7(00 unch 50 250 C Q Smith CNA 3150 310 unch 5 Chirtvr Con®170 words
-
Article594 1987-01-24 6 A lean Alumin Alcoa. 32% 39% Ailag Int) 13* Alliad Sio 46 H 4 »«i— AlHaChalmar* Am Brand* Inc Am Can Co Am Cyanamtd 2% 46% •1 87* V* unch >1% >-2* Am Elac Pwr Am Cxpraaa Am Homa Prod.... Am Motor* Cp 31% .....99% 84* 3* 1594 words
-
Article795 1987-01-24 6 Amsterdam JAN 22 FU ABN 519.00 84 80 -4.5 ■•■03 Ahold Akzo 107 50 138.00 0.3 .1 Alranta 141.50 0 1 AMEV 72.20 -0.4 88 40 03 Am Stad 125 00 -3 15 -0 3 sots 183 50 -02 138 -4 Buahrman Tatta roda 53 80 705 -12795 words
-
Article68 1987-01-24 6 AP UNION representatives from nine European countries have warned that what they describe as a planned major capacity increase by General Motors in Europe could lead to the elimination of 30,000 jobs, according to the International Metalworkers Federation. This followed reports that the GM threatenedAP - 68 words
-
-
Page 6 Advertisements
-
Advertisement578 1987-01-24 6 *#,ask. rr I f It's the NEU FACES... 1 Fresh from their European tour. 1 he NEU F ACES Veteran and versatile musicians Rock n Roll. Top 10. New Wave excellently performed tor grand entertainment Nightly except Sundays At the Alcove lounge where the beer is cheapest among hotel lounges578 words
-
Advertisement121 1987-01-24 6 London stock* on 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, LoMJgE? CRovvn J •HUMZ HOTEL 270121 words
-
-
ASIAN STOCKS
-
Article326 1987-01-24 7 HONGKONG: Share prices closed sharply lower yesterday in active trading under pressure from a combination of technical factors and new concerns over political developments in China. The Hang Seng Index lost 37.51 points to end at 2,499.43 and the broader based Hong Kong Index fell 22.33 to 1,600.90. Turnover326 words
-
Article224 1987-01-24 7 Kolin 27 30 0.2 All Sinc#r« Indus 2.37 0.02 0.3 0.9 0.1 6.4 unch 0 06 0.1 0 1 Kuochan Dav Laa Chang Yuan Cham Indua .25.00 32.40 0.4 0.1 Gattvay Cora Chang Hwa Bank 38.70 46.90 Lian Hwa Indua Nan Ya Plaa Pacific Cona 22.70 36.80 25 40224 words
-
Article423 1987-01-24 7 TOKYO: The market average yesterday rose to a record high close in volatile trade following Wall Street's biggest single session advance and anticipation of a cut in Japan's discount rate. It surged 172 points in 22 minutes after opening to 19,552.91, but concern over high prices set it back423 words
-
Article121 1987-01-24 7 jan a VON +A Kangwon Ind Kia Motor ***** 1890 10 -49 C*w<i Sugar 2530 -70 3600 -200 Daelim Ind 465 25 Daewoo Corp 901 unch Lucky Ltd 1486 -36 Daewoo Heavy Daiahin Securities Dong Ah Ptwr Dong Suh Stock Dongbu Steel 1246 .6150 9000 ***** 2030 -50 -300121 words
-
Article381 1987-01-24 7 SYDNEY: Interest in situation stocks and speculation of further takeover activity boosted trading on Australian share markets yesterday, which closed firm on high turnover. A feature of trading was John Fairfax, which closed Asl.lo higher at a record $13.50. A record oneday gain on Wall Street and firmer gold381 words
-
Article95 1987-01-24 7 jam a i ttot Marstaal 0.0012 unch Oriental B 0 025 -0 002 Acofa Mining Anglo Phil 0003 Phi lax B 040 Apax Mining B 0 0675 -0 006 PieopB PLOT Atlas Con. B 266 •7 5 Baguio Gold 0 0066 unch San Miguat 114 1 Baste Patroiaum 0.0195 words
-
Article144 1987-01-24 7 Reuter BANGKOK: The Stock Exchange of Thailand Index slid 0.14 to 207.10 on a turnover of 1,188,332 shares worth 217.3 million baht. Reuter mm n BAHT Slam Camant Slam City Camant •13 unch 882 +12 Ayudhyt Inveelmw IN. 238 77 2 Slam Commercial Bangkok Bank 271 -6 Slam FoodReuter - 144 words
-
Article77 1987-01-24 7 AFP BECHTEL CIVIL CORP of the United States became on Wednesday the first foreign firm to participate in an international airport construction project in Kansai, western Japan. Bechtel, a San Francisco-based engineering consulting firm, signed a contract to supply data on foreign airports to a six-companyAFP - 77 words
-
Article, Illustration523 1987-01-24 7 FT RUPERT MURDOCH S A 52.3 billion takeover of the Melbourne-based Herald and Weekly Times (HWT) media giant has been put on hold following the intervention of the Australian Broadcasting Tribunal on Wednesday. The action, preventing the registration of HWT shares and theFT - 523 words
-
96 1987-01-24 7 AP INDONESIANS bought a record 33,000 passenger cars last year in spite of a general slump in the motor vehicle market, a car executive said. The previous record was 30,000 passenger cars in 1982. In 1985, passenger car sales totalled 25,300. Overall salesAP - 96 words
-
135 1987-01-24 7 Reuter JAPAN'S Honda Motor Co, once known primarily in the US as a motorcycle manufacturer, has moved to counter growing pressures against Asian carmakers operating in the lucrative market. Announcing a plan this month to invest US$45O million in an engine and component plant inReuter - 135 words
-
Article76 1987-01-24 7 UPI TDK Corp, a major Japanese audio tape manufacturer, said yesterday its sales and profits for the year ended last Nov 30 decreased because of the yen's sharp appreciation, coupled with declining videotape prices. The company said consolidated net earnings declined 48.9 per cent from aUPI - 76 words
-
-
Page 7 Advertisements
-
Advertisement152 1987-01-24 7 <M( I Start of A New Experience Kinta-Mani 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. The other half is just being there. fTMMMAfiIMI HNDONESIAN152 words
-
Advertisement133 1987-01-24 7 Sunday Brunch: A great family outing. It's a wonderful way to combine a late 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 cheese board All ready for133 words
-
Advertisement173 1987-01-24 7 j Ground 24 hours daily Gong Xi Fa Cai Celebrations 29 Jan to 12 Feb Fa Cai Buffet Lunch/Dinner $14 (Adult) $10 (Child below 12) The perfect recipe for prosperity "Yu Sheng" Lunch/Dinner Available at $12*+, $16 $20 per portion ®8> ExceKior Hotel 5 Coleman Street. Singapore 0617. Tel: *****33173 words
-
Advertisement133 1987-01-24 7 THE MOST WONDROUS BUFFET LUNCH IN TOWN Enjoy a gourmet buffet luncheon art an ungourmet price l For starters take your pick of our cota dishes prawns on ice. fresh oysters smoked salmon, meton ana Or ted ham. vegetable temne mixed seafood sataa. cookea assortea vegetables ond homemoOe dressings Seiect133 words
-
Advertisement203 1987-01-24 7 )8p; •O. W-'r 4 7 V r v A popular show band from the Philippines Singapore s most popular band Happy Hour 12 noon 7pm Bi, rt d f r?cf c/f' one free Premium bott e rates 25 Of f Mf.mt.xHn/ ritPH t.tn Mtuxnt ;C Z.RNHILL HOTEL «fS < *»Fh.203 words
-
-
FEATURES
-
Article596 1987-01-24 8 IF ONE MAN'S meat were not another man's poison, there would probably be very little hunger in the world and very few human beings to feel it. Cannibalism, though utterly distasteful to our sense of dietary propriety, makes excellent economic sense. Indeed, the great English596 words
-
Article, Illustration1451 1987-01-24 8 ZHOU MEI - For those who suffer body stress but dread a confrontation with the doctor, who hate to exercise but would nevertheless like to have a more enjoyable life sans tension, the Alexander Technique may be just the thing, reports ZHOU MEI. ZHOU MEI. IT WAS THAT all1,451 words
-
Article99 1987-01-24 8 Tan Eng Leong - letters te the Editor Tan Eng Leong EvcryrMt Construct! oo Co Pte Ltd DEAR SIR We refer to the front page article headlined "Contractors surprised by call for re-tender of expressway contract" in Business Times on Jan 19. Your report of "Evergreat Construction with another99 words
-
Article86 1987-01-24 8 Madam Chia Hui Teck - Madam Chia Hui Teck DEAR SIR I refer to the article entitled "The main companies mentioned in the inquiry" on Page 16 of Business Times on Jan 21. I note that in the article my name Chia Hui Teck is mentioned as a director of86 words
-
204 1987-01-24 8 Klaus Schack - Klaus Schack Hiiidliil Miniyr UIMMA IHIamiaNAAAI niuon initrniiionii oinyipors DEAR SIR I refer to the article, "Westin's $40-a-night offer raises tempers in industry", which appeared on Dec 31, 1966, on the front page of Business Times. The same article was later picked up204 words
-
-
Page 8 Advertisements
-
Advertisement76 1987-01-24 8 IF YOU WANT TO KNOW 111 I I W nSm 7< &W* V VMM <•£ j£ m a hAk*,. I 1 V M" l"i a €g i ft* &J \What do peopfe-io business biope wiH in the J How developers faring in tne land it?/ fc/rina in t) opportunities? What76 words
-
-
Page 8 Miscellaneous
-
Miscellaneous810 1987-01-24 8 CRYPTIC PUZZLE ACROSS 9 The colour of Woody'* hair? (3-6) 10 Given a gentle knock, move If you must (2, 1. 5) 12 Not Jay's idea of fun? (4) 13 Left one In the shop slicing the tongue (6) 14 She was partly responsible for his success (7) 15 Made810 words
-
-
Executive Lifestyle
-
Article484 1987-01-24 9 SOMETHING "more precious than gold in the year of the rabbit", the gift box promised. Ad agency Bozell, Jacobs, Kenyon Eckhardt have, thankfully, steered clear of yet another cute bunny to greet friends and clients in the Year of the Hare. Their offering? A gold box484 words
-
Article243 1987-01-24 9 TRENDS THE POPULARITY of Alms and books about reel-life criminals In tha US has turnod many murderers Into celebrities wooed by editors and film producers anxious to cash In on this new fsshlon. Frances Schreuder, Jesn Harris and Jeffrey MacOonald have never met, but they have at243 words
-
Article, Illustration705 1987-01-24 9 GOH YEE LING - FASHION By GOH YEE LING IT COULD BE a reflection of the poorer economic performance in recent years the concern with cutting out the fat and running a leaner ship. Because, fashion worldwide is going for the clean and classic lines in 1987. "This will be the yearPictures by NIK KASMANI - 705 words
-
Executive Lifestyle: Entertainment, the Arts & Pursuits
-
Article, Illustration1226 1987-01-24 10 MONICA GWEE - BOOKS By MONICA GWEE Courvoisier's Book of the Best The ultimate global guide to what's IN now. Written and compiled by Sue Carpenter, edited by Lord Lichfield. Doubleday, Sydney A Auckland, 1986, 256 pages. AT THE CAPILODROME Lunaire, on the rue Coquillere in1,226 words
-
118 1987-01-24 10 THINK YOU KNOW a batter "baat"? Tha first most psrsuaslvs latter tailing us whara tha bast of your timas hava baan spant and why, will ba traatsd to a waak and stay for two wHh compllmantary buffat braakfast and dlnnar at tha118 words
-
Article, Illustration887 1987-01-24 10 BRIAN MILLER - NIGHTSPOTS By BRIAN MILLER LOOKS LIKE the celebrations haven't ceased. After all, wasn't it just a couple of weeks ago that you were cracking your head over where and how to spend Christmas and the New Year. It must have been tough, but887 words
-
Article, Illustration688 1987-01-24 11 AMY BALAN - FOOD By AMY BALAN MONKEY BRAINS and an airport customs official nearly did the Goodwood Park Hotel in last week. It was the Chinese labelling on the bottled product monkey's head that caught the official's eye. "Where to?" he inquired. "A food promotion at thePhoto by Mazian Badron - 688 words
-
Article, Illustration723 1987-01-24 11 JAIME LYE - CINEMA By JAIME LYE BRYAN BROWN may be Australian, but he sure can spit a mean Scottish accent when he has to. The man who would be 7a/Pan tries to steal the thunder that Richard Chamberlain struck as the anjinsan in723 words
-
Article483 1987-01-24 11 CINEMA: 2010 starring Roy Scheider, John Lithgow, Helen Mirren, Bob Balaban and Keir Dullea. Showing at Cathay: 11; 1.30; 4; 6.30; 9.15. Instant Justice starring Michael Pare and Tawny Kitaen. Showing at Capitol: 11; 1.45; 4; 6.30; 9.15. Octopuesy starring Roger Moore. Showing at Jade and Woodlands. The Golden483 words
-
901 1987-01-24 11 KOH TSE-YING - Three encounters with the men in blue and a hope for one more PtM#***' TvU/i"-' WNh KOH TSE-YING DEAR OFFICER. We've met quite a few times this past year, you remember? Well, let me just refresh your memory a little. The first time was when a young boy rammed into901 words
-
Article, Illustration1096 1987-01-24 11 RICHARD SEAH - HEALTH By RICHARD SEAH LONG LIFE used to be a blessing. Now, it is often considered a curse. So the health conscious are sometimes asked, "Why do you want to live so long?" The questions really being asked by those who dread old age are1,096 words
-
Article402 1987-01-24 11 A multi-faceted feast for the eyes CASUAL YET STYLISH, some breezy, others a little naughty with some outfits teetering on a crazy note these would best describe Paris's fashion offerings for Spring and Summer this year. Patrons of the show at Westin's Raffles Ballroom on Wednesday night had402 words
-
-
Executive Lifestyle: Sports
-
681 1987-01-24 12 Brian Miller - TMCk with Brian Miller TWICE IN THE last three months. Fighting Fit has had races stolen from him in the shades of the winning post. In late October, he looked like having things all sewn up until caught in the last681 words
-
Article, Illustration829 1987-01-24 12 MIKE THUMBA - BRIDGE By MIKE THUMBA THE CONVENTIONAL standard lead of the fourth highest card of a long suit, according to some bridge writers, goes back many centuries. This practice is still faithfully followed by all players, especially in a no-trump contract. But the Rule829 words
-
171 1987-01-24 12 SQUASH AFP ROSS NORMAN, who dethroned Pakistan's Jahangir Khan in last year's world squash championships, will play a series of test matches against the five-times world champion in his native New Zealand in June. Norman, in Paris to promote the U5565,000 French OpenAFP - 171 words
-
Article, Illustration967 1987-01-24 12 WALTON MORAIS - TENNIS By WALTON MORAIS ON COURT, the 12-to-14-year-olds waited eagerly for their turn to serve as the old man cast a watchful eye. "That's it," he would say as an eager charge put the ball where he wanted it, "you're doing just967 words
-
Article, Illustration570 1987-01-24 12 AUSTRALIA'S Pat Cash scored the second major upset of the Australian Open at Kooyong yesterday, beating world number one Ivan Lendl to secure a place in tomorrow's final. Cash, the eleventh seed, scored a 7-6 5-7 7-6 6-4 win in a marathon four-hour centre court570 words
-
Article, Illustration574 1987-01-24 12 FITNESS WE MUST CUT the bad guys off at the pass the bad fats, that is. Those saturated fats have been robbing us of our health ever since we settled down to the sedentary life. It has taken a long574 words
-
460 1987-01-24 12 NZ decision to help Aussie defender will also aid Stars Stripes YACHTING AP NEW ZEALAND'S decision to help the Austrelisn defender in the America's Cup will also help Stars and Stripes, says American skipper Dennis Conner. In beating New Zealand 4-1 in the best-of-eeven challenger finals on Thursday, Conner judgedAP - 460 words
-
-
Executive Lifestyle: Personal Investment
-
Article, Illustration1015 1987-01-24 13 Ramesh Chandiramani - mm wma Ramesh Chandiramani WINNING a five-year tax holiday for its newly-officiated counter-; trading subsidiary is another feather in the cap for Haw Par Brothers International Ltd. But that new activity will still play second fiddle to Haw Par's1,015 words
-
350 1987-01-24 13 FOREIGN money continued to flow into the stockmarket this week, but at a much slower pace and directed more towards Malaysian issues, especially planta- tion-based ones. Consequently, the momentum that had been built up the previous week for local issues waned, and most trustee stocks350 words
-
Article, Illustration478 1987-01-24 13 RAMESH CHANDIRAMANI - JAPANESE EQUITIES By RAMESH CHANDIRAMANI BY THE LOOK OF THINGS, the Japanese bourse has embarked on another important upleg in the continuing bull-run which began in 1982. In a paper presented at an equities seminar held by Nomura Securities on Monday, Mr478 words
-
Article788 1987-01-24 13 KEEPING TRACK RC INVESTORS hoping to pick up a value package worth an immediate gain of almost SsBoo should look to DBS Bank's 7.5 per cent convertible unsecured loan stock due 1881. Surprisingly, those debentures are selling at a 5 per cent discount toRC - 788 words
-
Article, Illustration631 1987-01-24 13 INTERNATIONAL EQUITIES NYT THE BULL CONTINUES to rage on, and international investors now have four more markets to pick stocks from. Australian Metals Minerals, Canada, the UK and US are now rated a buy by Europe's chartist pope, AdriaanNYT - 631 words
-
Article, Illustration253 1987-01-24 13 CHART P|llNT RC WITH TIN having staged a strong price recovery recently, investors here are clambering back aboard the Singapore equivalent of a mining stock Straits Trading Ltd. Like the other trustee issues, Straits Trading immediately bottomed out at $1.85RC - 253 words
-
-
-
Page 9 Advertisements
-
Advertisement78 1987-01-24 9 •f h U V <CA gerald genla Singapore f-«. luwvr aarni lor I he Far Ew From 581.750 to SSI 6.300 Showroom and Service Centre: Singapore Kuala Lumpur The Hour Glass The Hour Glass Centrepoint Yow Chuan Plaza •01-***** GB/9 Ground Floor Tel: *****98/*****03 Tel: *****01/*****17 Authorised dealers: Singapore The78 words
-
-
Page 10 Miscellaneous
-
Miscellaneous2462 1987-01-24 10 Vintage Ab-b-b-bott and Costello TODAY: Bud Abbott and Lou Costello make a rare re-run trip to the television set via Africa Screams (Cine Showcase: 8.30 pm, Channel 12). The epitome of slapstick and comedic nostalgia, the duo play hunting enthusiasts who, apparently in possession of a secret map, go on2,462 words
-
-
Page 13 Advertisements
-
Advertisement27 1987-01-24 13 BT welcomes investment idees end viewpoints from brokers, bankers and readers. Address all correspondence to: The Editor, Personal Investment, Business Times, 390 Kim Seng Road, Singapore 0923.27 words
-
-
SHARE INFORMATION
-
Article, Illustration4116 1987-01-24 14 PRICES on the Singapore stock market drifted lower on profit-taking and continued uneaae over the spate of rumours over United Overseas Bank. The Straits Times Industrial Index fell 5.55 points to 939.58 while the BT Composite Index fell 7.15 points to 834.73. Turnover fell4,116 words
-
Article253 1987-01-24 14 SINGAPORE 1 M t! 22 ***** Rises ITCwpe*. Job 23 03*73 ■1 FW 297 HMp 6SS haal Ml I4S MS M 334 SO# 3lt AAl 30 •TO»/OS *****57******440 04 -54 Motra IS IT CADI -*•41 -*905 Anal iPH Ohm Cam rhrnn +s 4 4 IT OOV STMMM253 words
-
Article3085 1987-01-24 14 810 and offer prices officially listed and business in and re' ported to the Stock Exchange an Singapore yesterday wMh the number of shares traded shown in brackets in lots of 1.000 units uniees otherwise specified. All Time Settlement Contracts ara quoted after the word3,085 words
-
Article238 1987-01-24 14 Managers' prices MARA-Bumiputra for Jan 24 26 Ftr» B'putro 5-51 556 Singapore Unit Trust Second B'putro Third B'putro 4*7 3*2 5.02 1*7 Thi Ccn—rc* 0.92 0.W Fourth B'putro 441 4 S3 The Sovmqi Fund 0j8S Ml Frith B'putro in vn S'po f Profl Fund 0M S'port Stc Fund238 words
-
Article124 1987-01-24 14 BOUSTEADCO SINGAPORE Limited: EGM at 20 Collyer Quay, #16-00 Tung Centre, Singapore 0104, on Monday, Jan 26, at 9am. CYCLE A CARRIAGE Limited: 18th AGM at the Mandarin Court A, 4th Floor, Main Wing, Mandarin Hotel, 333 Orchard Road, Singapore 0923 on Tuesday, Jan 27, at noon. MALAYAN124 words
-
-
Page 14 Advertisements
-
Advertisement10 1987-01-24 14 KL market report, Business dons on ths KLBE, Rags 1510 words
-
-
COMPANY NEWS
-
Article286 1987-01-24 15 LISA LEE - By LISA LEE AN OUT-OF-COURT settlement has solved the more than a year-old dispute between animal feedmill company Gold Coin Ltd and Far East Flour Mills (Hongkong) Ltd (FEFM) Gold Coin s wholly-owned subsidiary, Gold Coin Holding (HK) in Hongkong has been allotted 10.2 million286 words
-
225 1987-01-24 15 AT LEAST 25 per cent or 87.5 million shares in Malaysia Airlines System are believed to be in the hands of foreign investors. According to MAS corporate planning director Mr Bernard Thomazios, when MAS went public, 15 per cent of its equity225 words
-
Article464 1987-01-24 15 THE KUALA LUMPUR stock market staged a lacklustre performance amid quiet trading conditions yesterday, with prices closing broadly easier. Many counters, however, held steady at their overnight levels. Bucking the generally softer trend were a handful of selected lower liners which managed to464 words
-
Article855 1987-01-24 15 ANOTHER record high close on Wall Street overnight helped lift share prices in London yesterday morning although buying was tempered by a new opinion poll showing the opposition Labour Party leading the ruling Conservatives by five points. At 11.00 am, the FTSE 100 Index was up 5.7 points855 words
-
263 1987-01-24 15 THE ARAB-MALAYSIAN Development Bank group has taken another step towards becoming a financial supermarket with the launching of its latest unit trust called Arab-Malaysian Gilts. Datuk Azman Hashim, chairman of the merchant bank subsidiary Arab-Malaysian Merchant Bank (AMMB) said at the official launching263 words
-
402 1987-01-24 15 HOMER CHEN - By HOMER CHEN THE STOCK EXCHANGE of Singapore has given in-principle approval for Benison Investments, a private company controlled by two Hotel Properties directors, to take a 50 per cent stake in stockbroking firm J Ballas Co, subject to a few402 words
-
Article, Illustration597 1987-01-24 15 AMY CHEOK - By AMY CHEOK SHORT-TERM investments of Wearne Brothers Ltd, a member of the Oversea-Chinese Banking Corporation group, increased almost seven times to $46 million during fiscal 1986. The company's latest annual report for the year to end-Sep-tember 1986, shows that Wearnes's short-term investments shot597 words
-
Article2156 1987-01-24 15 BID and offer prices officially listed and hi «1 new in and reported to the Kuala Lumpur Stock Exchange yesterday, with the number of «hares traded shown in brackets in lots of 1,000 units unless otherwise specified. INDUSTRIALS Aana I—l Afinomoto I —l Alex Hldg2,156 words
-
Article114 1987-01-24 15 HONGKONG Hongkong Index Fridoy *****0 Thursday *****3 Woo* ogo 162! 81 Hang Song Index Friday 2499 43 Thursday 2536 94 Woo* 090 *****7 All Industrials Friday ***** Thursday ***** Wo* ogo ***** NEW YORK Dow Jones Thursday 2145.67* Wodnosday *****7 Week ago *****3 TOKYO Nikkei Average Friday *****61*114 words
-
-
Page 15 Advertisements
-
Advertisement123 1987-01-24 15 NOTICE NOTICE IS HEREBY GIVEN that, I Teo Siew Tho of No. 1 Pearl Bank #20-03 Singapore (0316), have applied for a Second Class Beer House licence in respect of premises at M/s Food So Good 100 Eu Tong Sen Street #01-41, 43, 45 46 Pearl's Centre Singapore (0105), and123 words
-
Advertisement10 1987-01-24 15 AAZX**" J V lanage BT shows you how every Monday.10 words
-
Advertisement159 1987-01-24 15 OFFICIAL NOTICE PROPOSAL TO CHANGE OF SHIP'S NAME We, Kapal Management Pte Ltd of Singapore hereby give notice that In consequence of the intended change of Ship's Name, have applied to the Registrar of Singapore Ships, under Section 417 of the Merchant Shipping Act (Chapter 172, 1970 Edition), in respect159 words
-
Advertisement272 1987-01-24 15 NOTICES IN THE MATTER OF THE COMPANIES ACT. CAP. 185 WYANNA MILLS (OVERSEAS) PTE LTD (IN MEMBERS' VOLUNTARY LIQUIDATION) At an Extraordinary General Meeting of the members of WYANNA MILLS (OVERSEAS) PTE LTD duly convened and held at Sydney. Australia on January 15. 1967 the following Special Resolutions were duly272 words
-
Advertisement271 1987-01-24 15 NOTICE WORLD WOOD PRODUCTS PTE LTD (In members' Voluntary liquidation) At an Extraordinary General Meeting of World Wood Products Pte Ltd, held on 19th January 1967, the following special resolutions were duly passed. 1. "That the Company be wound up voluntarily and that Mr Low Seow Chye of Messrs Low271 words
-
-
527 1987-01-24 16 MARGARET THOMAS - Idea calls for party team rather than individual MP By MARGARET THOMAS SUPER-CONSTITUENCIES in which voters in the three constituencies that make up each town council would vote during general elections for a team of candidates from a party rather than an individual could527 words
-
300 1987-01-24 16 AFP RESPECTED STOCKBROKERS implicated in the Guinness scandal are struggling with the problem of how to be discreet in returning commissions paid to them by the brewer for buying Guinness shares in the aim of boosting the share price. Eleven companies were namedAFP - 300 words
-
Article, Illustration304 1987-01-24 16 Bernama FINANCE MINISTER Daim Zainuddin has described corporate crimes by people holding positions of trust as a "cancer" which has damaged Malaysia's image and undermined public confidence in companies and institutions in the country. He said yesterday theBernama - 304 words
-
Article281 1987-01-24 16 Reuter THE DOLLAR rallied on foreign exchanges yesterday following a Tokyo television report which said that Japan and the US did, after all, agree earlier this week to support it. The dollar was quoted at around 1.8150 West German marks and 152 yen (nearReuter - 281 words
-
208 1987-01-24 16 Reuter BANK OF JAPAN governor Satoshi Sumita has said that the bank does not plan to take further measures to relax credit for the time being despite reports to the contrary. The Japanese press has reported that the central bank has already decidedReuter - 208 words
-
234 1987-01-24 16 UPI AN ANTI-CORRUPTION task force is investigating alleged corruption or fraud involving more than 20 banks and financial institutions in Hongkong, the chairman of the force said yesterday. Geoffrey Barnes, head of the Independent Commission Against Corruption, said such investigations have become a majorUPI - 234 words
-
322 1987-01-24 16 Reuter IRAN yesterday rejected a peace offer from Iraq after firing missiles into the Iraqi cities of Baghdad and Basra. Iraq threatened "devastating punishment for the strike on its capital, which Tehran said was in retaliation for Iraqi air raids on civilian areas".Reuter - 322 words
-
187 1987-01-24 16 Reuter PHILIPPINE Armed Forces chief Fidel Ramos yesterday accused his own soldiers of over-reacting when they fired on a crowd of peasant protesters on Thursday near the presidential palace. Observers said General Ramos's comment was a rare, possibly unprecedented, public criticismReuter - 187 words
-
427 1987-01-24 16 AFP TAIWAN'S monetary authorities are considering lifting foreign exchange controls on individuals in a breakthrough effort to shrink the country's record foreign exchange reserves, central bank governor Chang Chih-cheng said yesterday. The Taipei government's holdings of foreign currencies amount to US$4B billion,AFP - 427 words
-
Article64 1987-01-24 16 AFP AN INDONESIAN MP apologised yesterday for alleging that a jailed former foreign minister was trying to pocket part of a US$l6 million state fund raised by former President Sukarno. At a news conference, retired Brigadier-General Suhardiman said he was sorry to the jailed minister, Subandrio,AFP - 64 words
-
Article, Illustration369 1987-01-24 16 LUCY NG - By LUCY NG HOTELIER Khoo Teck Puat and 15 Singapore companies linked to him have been given four weeks to show why a trial should be held instead of letting the National Bank of Brunei (NBB) take out a summary judgement369 words
-
238 1987-01-24 16 Reuter SCANDINANVIAN Airlines System (SAS) said it would cut air fares across the north Atlantic by up to SO per cent after the governments of Sweden, Norway and Denmark decided to allow a free for all on the route. TheReuter - 238 words
-
Article89 1987-01-24 16 Reuter COMEX GOLD FUTURES fell to lows for the week on liquidation yesterday morning, spurred by a firming dollar, but the selling was exaggerated in a lightly attended market. Gold for delivery in February lost US$7.6O at U*****.30 an ounce, with automatic sell-stops uncovered at Tuesday s lowReuter - 89 words
-
Article66 1987-01-24 16 LIU BINYAN, a leading writer and journalist, has been expelled from the Chinese Communist Party for advocating "bourgeois liberalisation". Sources in Beijing said yesterday that the decision to expel Mr Liu was taken more than a week ago and will be officially announced soon, along with the complaints66 words
-
LATE FILE
-
Article53 1987-01-24 16 Reuter WESTERN creditor nations of the Paris Club yesterday agreed to a rescheduling of US$B7O million of Philippine official foreign debt in what appeared to be a show of support for President Corazon Aquino, who is facing a serious domestic crisis after bloody riots in ManilaReuter - 53 words
-
Article57 1987-01-24 16 Reuter TOKYO, in what it calls an effort to chip away at the country's huge trade surplus, is providing European chocolates to Valentine's Day sweethearts at only US$5O a pound. The programme will provide home delivery of French, Italian and Belgian chocolates at about half theReuter - 57 words
-
Article38 1987-01-24 16 Reuter MAJOR trading nations yesterday began informal talks in Geneva to work out procedural guidelines for the latest round of Gatt negotiations on easing world trade in goods and services, said conference sources. ReuterReuter - 38 words
-
Article45 1987-01-24 16 Reuter SWITZERLAND exported 488.5 million Swiss francs worth of arms and military equipment last year, with Turkey. Nigeria and West Germany the main customers. The military department in Berne said yesterday that exports were down 10 per cent from 1985. ReuterReuter - 45 words
-
Article42 1987-01-24 16 UPI JAPANESE car and truck manufacturers cut back on production last year for the first time in four years, due to the withering effects of the strong yen on exports, said the Japan Automobile Manufacturers Association yesterday. UPIUPI - 42 words
-
Article41 1987-01-24 16 UPI INDONESIA said yesterday that it is considering ways of tightening up its copyright laws and imposing stiffer sentences on people caught distributing or producing illegal copies foreign books, movies, music tapes and computer programs. UPIUPI - 41 words
-
Article85 1987-01-24 16 UPI MORE than half of Americans surveyed think President Ronald Reagan has lied about his role in the Iran arms-contra aid scandal and 42 per cent think he should resign if that is the case. An ABC Television News-Wash-ington Post poll released yesterday said onlyUPI - 85 words
-
44 1987-01-24 16 Reuter SOUTH Korean opposition parties yesterday filed a rare motion seeking to recall Parliament for a debate on allegations of widespread torture of dissidents. The call follows the death during police interrogation last week of a 21-year-old student. ReuterReuter - 44 words
-
-
Page 16 Advertisements
-
Advertisement6 1987-01-24 16 Guinn«M r«|«cts m«rg«r ofl«r, Page 66 words
-
Advertisement121 1987-01-24 16 T Scalpel... scissors.„sutures_ Business Times 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,121 words
-
-
Page 16 Miscellaneous
-
Miscellaneous50 1987-01-24 16 Outlook: Cloudy with occaskxv il w6n Roporl for 24 hours prior to 7.30pm on Jan 23 at tho airport Maximum tamporatura 27.1 Aasodatad humidity 81 ftlllllaMMN 94 A Minimum lomporiiurv Assodatad humidity 85 Hours of sunahlna 0.00 Rainfall In mllllmatras 8.5 Rainfall this month 434.7 Rainy days thia month 1150 words
-