The Business Times, 6 June 1987

Microfilm: NL15852
Total Pages: 16
1 16 The Business Times
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  • Title Section
    Masthead
    13 1 BUSINESS TIMES M.C. (P) No. 112/12/86 Weekend Edition, June 6-7, 1987 75 CENTS
    13 words
  • Article, Illustration
    FINANCIAL NEWS SUMMARY
    186 1 Ovaraaaa markets Friday HK Hang Seng Index 3064.33 40.73 Sydney AH-Ordlnaries 1778.0 5.6) Tokyo NMcei Average *****.30 (-94.81 Thuoday New York (Dow Jones) 2337.08 (+16.39) London (FT 30 Index) 1724.6 (-15.0) 1731.4 (1000 hrs, Thursday) Exchange rates THE S$ finished firmer yesterday against the US$ at $2.1135/45
    186 words
  • Article, Illustration
    UIC sells entire stake in Intraco for $48m
    512 1  -  Sale realises $3.8 m in profit By AMY BALAN UNITED Industrial Corporation, which made an aborted bid for Intraco barely a year ago. yesterday sold its entire stake in the trading company. UlC's shareholding comprising 13.4 million shares or 18 per cent
    512 words
  • Article
    Lock icon Taiwan says US should ease pressure
    428 1 Reuter TAIWAN'S central bank governor said yesterday the government had gone a long way to satisfy US demands for economic liberalisation and Washington should not ask for further concessions. Chang Chi-Cheng told a news conference in Taipei that Taiwan had opened its markets by
    Reuter  -  428 words
  • Article
    Lock icon China and Britain settle historical property claims
    163 1 Reuter CHINA and Britain signed an agreement in Beijing yesterday settling all outstanding historical property claims between both countries and opening the way for China to issue bonds on the London capital market. A British Embassy spokeswoman said that under the agreement, China
    Reuter  -  163 words
  • Article
    Lock icon 'Gyrating forex rates are destroying world industry'
    382 1 Reuter SONY Corporation chief Akio Morita told an international conference of senior foreign exchange dealers in Tokyo yesterday that wildly fluctuating currency rates were destroying world industry. Mr Morita told the 2,000 dealers that they had helped build a system which had made
    Reuter  -  382 words
  • Article
    Four priests suspended from preaching
    161 1 THE FOUR PRIESTS who resigned on Thursday from appointments in various Catholic organisations were suspended from preaching by the Archbishop of the Roman Catholic Church in Singapore yesterday. They were also banned from contact with the organisations of which they were in charge. In a
    161 words
  • Article
    Big stakes in Gerakan party elections
    38 1 TODAY'S party elections for Gerakan Rakyat Malaysia, a component of the ruling National Front coalition, puts at stake government positions allocated to Gerakan. See Page 4 for a curtain-raiser on the elections.
    38 words
  • Article, Illustration
    ST Index climbs 5.5 points to new peak
    237 1 THE SINGAPORE stock market climbed to another new high in hectic trading yesterday. The Straits Times Industrial Index gained 5.5 points to 1,243.71 while the BT Composite Index edged up 3.82 to 1,109.05. Total volume fell to 72.23 million shares worth $155.75
    237 words
  • Page 1 Advertisements
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      Page 1 Advertisements Column 1
      246 1 Nikon THE WORLD'S FINEST PHOTOGRAPHIC SYSTEM Full report, Page 14; Asian slocks, Rags 7; Inf I stocks, Psgs 6 INSIDE NO ONE LIKES 'death people'. From the doctor who pronounces a relative dead to the gravedigger who makes the last bed of rest, mortals have nothing but a hidden dislike
      246 words
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      Page 1 Advertisements Column 2
      207 1 Nikon THE WORLD'S FINEST PHOTOGRAPHIC SYSTEM Selling peace of mind Page 9 Pifi—l Trlvta The delicious childhood of a nonya Page 9 Is MSG healthy? Page 10 TV programmes for today and tomorrow Page 10 Lee Majors, Kinnock and Armstrong Page 10 On an emotional roller-coaster Page 10 Too much
      207 words
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  • HOME NEWS
    • Article
      Denny's goes west to Holland
      367 2  -  By MARTIN SOONG DENNY'S, the American restaurant franchise, is opening a third outlet, this time at Holland Village, an area already long embroiled in fast-food and restaurant wars and notorious for high attrition. Denny's Singapore manager Bill Bennett told BT that Denny's signed a lease
      367 words
    • Article, Illustration
      Feasting and fasting take its toil on blood donation
      401 2  -  By ANNA TEO WHAT MIGHT seasons of festive revelry and religious abstinence have in common? Among other things, fewer trips to the blood bank, if trends in blood-giving are anything to go by. Blood donation dropped to a record low in
      401 words
    • Article
      MEMO-PAD
      276 2 Seminars and courses DURATION TITLE VENUE ORGANISER TELEPHONE Jun 17-19 Supporting Personal Hotel New Otani Management *****77 Computers Technology Education Jun 20 and Telephone Techniques SIM Conference Singapore *****66 27 and Courtesies Room Institute of Jun 22-23 Management Effective Dynasty Hotel Roger Gill and *****60 Computerisation in Associates Personnel
      276 words
    • Article, Illustration
      Shanaz Husain seeks partner for her herbal cosmetics
      249 2 THE WOMAN behind India's herbal challenge to the likes of Estee Lauder and Helena Rubenstein is in town looking for a business partner. She is Mrs Shanaz Husain, whose line of Shanaz Herbal cosmetics sells in such prestigious stores as Bloomingdales in
      249 words
    • Article
      Strengthening racial harmony
      133 2 SINGAPOREANS cannot afford to take racial and religious harmony for granted, cautioned Mr Zulkifli Mohammed. Political Secretary (Ministry of Community Development). "We must make sure that our racial harmony is not only carefully preserved but strenuously strengthened. Otherwise, as can be seen in some other parts of
      133 words
    • Article
      BT's news coverage superb, says Panpa
      287 2 NEWS COVERAGE by Business Times has been rated "superb" by the Pacific Area Newspaper Publishers Association (Panpa). At the 18th annual Panpa Conference in Adelaide, Australia, judge Tony Whitlock, Panpa executive director until 1983, also rated BT's Saturday features and its services superb. Obviously
      287 words
    • Article
      Women groups urged to do more for blood donation
      231 2 WOMEN GROUPS and associations were asked yesterday to do more in the drive to get more women to give blood. While making up half the total population, women only formed 9 per cent of blood donors last year. "In some of
      231 words
    • Article
      Responses to problems of democracy
      190 2 THE QUESTION of how governments should respond to the problems of governing modern democracies will be tackled by Singapore's latest Lee Kuan Yew Distinguished Visitor. Sir Zelman Cowen. provost of Oriel College, Oxford, and chairman of the UK Press Council, will deliver a lecture entitled
      190 words
    • Article
      Rubber standby fund proposed
      238 2 A STANDBY FUND of between S3 million and $5 million is to be considered by the Rubber Association of Singapore for the settlement market. In making the announcement at its annual general meeting last night at Hotel New Otani, the association s chairman, Mr Ling Lee
      238 words
    • Article
      SHIPS IN PORT
      1150 2 AT CONVENTIONAL WHARVES VmmI Bertt Arrival Departure KEPPEL WHARVES Boating <36 alongside 0906/0600 Dong Delima K35 alongside 08.06/0600 Eastern Glory <27 alongside 06.06/1900 Golden Harvest K19 alongside 08.06/1500 Ibn Abdoun <33 alongside 0606/0600 Inabukwa K19 alongside 0606/0600 K Smirnov C9 alongside 0606/0600 Meyenburg <28 alongside 07.06/0600 Qinghecheng
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  • OVERSEAS
    • Article, Illustration
      Lock icon Bonn economy on the upswing again, says Poehl
      526 3 Reuter WEST GERMANY'S economy started to expand again in April after contracting in the first three months of the year, Karl Otto Poehl, head of the nation's central bank said. Mr Poehl, at a news conference after the last meeting of the
      Reuter  -  526 words
    • Article
      DAILY AIRCRAFT MOVEMENTS
      937 3 ARRIVALS Operator Sorvfco Local From number tlmo SU SQ1I 0045 LAX/NTT UA UA805 0045 SFO/HKG MAS MH621 0140 KUL CAL Q333 0405 TPE SU SQ41 0615 MAA MK MK746 0730 MRU SU SQ491 0755 IWN SU SQ41 f 0820 BOM MAS MH681 0820 KUL SV SV398 0835
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    • Article
      Lock icon Poll shows Hawke has overwhelming support from business leaders
      385 3 Reuter AUSTRALIAN Prime Minister Bob Hawke, leading his Labour Party into a snap election next month, won overwhelming support from business leaders in an important opinion poll published yesterday. The Financial Review newspaper said the survey was conducted among chief executives
      Reuter  -  385 words
    • Article
      Lock icon Aquino calls for labour intensive projects
      157 3 Bernama PHILIPPINE PRESIDENT Corazon Aquino on Thursday urged visiting American businessmen to invest in labour intensive projects to alleviate the unemployment problem in the country. She made the call during a visit by the Philip-pine-US Business Council led by Maurice Greenberg, president of the
      Bernama  -  157 words
    • Article
      Lock icon Japan confident plan will work
      537 3 AP JAPAN'S Economic Planning Minister Tetsuo Kondo is confident that a recent series of measures announced by his government will satisfy major trading partners' demands that Japan spur domestic demand and import more foreign goods. Mr Kondo told a news conference on Thursday that by
      AP  -  537 words
    • Article
      Lock icon Philippine military gets assurance
      456 3 Reuter PRESIDENT Corazon Aquino promised the military yesterday that she would not let communism win the Philippines by default and said she would create a citizens' army to help end guerilla war in five years. She said the men and women of the citizens' army would
      Reuter  -  456 words
    • Article, Illustration
      Lock icon Reagan to seek support for UN resolution on Gulf war
      441 3 Reuter US PRESIDENT Ronald Reagan will ask leaders at next week's seven-nation summit to support a pending United Nations resolution calling for a ceasefire in the Iranian-Iraqi war. "The primary area of support and help we will be asking for
      Reuter  -  441 words
    • Article
      Lock icon Pakistani government plans heavy new taxes
      190 3 Reuter PAKISTAN plans heavy new taxation in the next financial year, according to the budget presented on Thursday. "I am asking the Pakistani nation for a great sacrifice," Finance Minister Mohammad Yasin Khan Wattoo said in his budget speech to the National Assembly (Lower
      Reuter  -  190 words
    • Article
      Lock icon Indian officers tell of loudspeaker duels
      689 3 Reuter WHEN INDIA detected Chinese soldiers earlier this year in the border territory it claims as its own, it shouted at them until they went away, Indian army intelligence officers said. Twice in March and twice again in April, at widely separated points along
      Reuter  -  689 words
  • Page 3 Advertisements
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      Page 3 Advertisements Column 1
      63 3 fI 1g AI Ifl 1M The bosmess person's choice, every I I II I I I 1 Tuesday. Thursday, Saturday and I 1 II m Sunday. Leaving Changi Airport at I V/ 1 VV y±- 1 JL Vy 22:05 hours and arriving at Lester B. Ptearson International Airport the following
      63 words
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      Page 3 Advertisements Column 2
      224 3 Mini Imperial Banquet now available at Golden Phoenix Sichuan Restaurant Hotel Equatorial r*V\Uj J* t t .J A~ S* ,< It is a connoisseur's dream come true. An Emperor's banquet in a majestic spread of exotic food that stretches to a lew days of feasting. Now you can savour a
      224 words
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  • WORLD BACKGROUND
    • Article
      Gerakan polls go beyond questions of idealism and pragmatism
      1034 4  -  By DAVID CHEW TODAY S ELECTIONS at the Gerakan Rakyat Malaysia, a component of Malaysia's ruling National Front coalition government, promises to be more than an idealist versus pragmatist contest. At stake are also government positions allocated to the Gerakan such
      1,034 words
    • Article, Illustration
      Lock icon Canada's constitution pact won the day in spite of Trudeau
      430 4 Reuter PIERRE ELLIOT TRUDEAU was not among the Canadian leaders who produced the pact formally bringing Quebec into the country's constitutional family, but his voice was heard by all. The agreement on Quebec signing the new constitution, reached on Wednesday
      Reuter  -  430 words
  • COMMODITIES
    • Article
      Produce Prices
      285 4 Chinese Produce Exchange noon dosing prk Juno 5 (SS/100 kg) M an Coconut oil ItA FOB 88.00 OW drwn FOB 102.00 N«w drvm FOB 98.00 Copra Mlxad (loo**) 50 Pepper Mwrtok whit* FOB NtW 1157 JO Sarawak whN* FOB faq NtW 1142 JO Sarawak tpodal black FOB NLW
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    • Article
      Precious Metals
      264 4 HONGKONG: Gold closed firmer yesterday, near the day's high, mainly on local short covering. Weakness in the US dollar enticed some buying interest The metal ended at U*****.30/80 an ounce compared with New York's U*****.90/U*****.30 close and the USS44B.2Q/70 finish here on Thursday. On the local market gold
      264 words
    • Article
      London Markets
      315 4 London Raw Commodity No 6 CIF 168.40 (167.60) No 6 FOB 142.40(141.60) Exchange WWto No 5 181.00(181.40) Buyor/Sollor doting l pricot on Juno 4 (£/tonrw union spoctfiod) Previous doting pricot in Olle (uss/nmw) paronthoth Point oil M'tian crvdo Coffee OF UK/Rottofdam July 340.0 (335.0) tosh In-ttoro London, tollon
      315 words
    • Article
      Palm Oil
      461 4 Cruel* palm oil futurM closed steadier yesterday on the Kuala Lumpur Commodity Exchange in slightly active trading. Dealers said that buying interest led to the higher levels and some covering activity was noted in the market. India was reported to have taken several parcels in the market. This
      461 words
    • Article
      Oil and Products
      90 4 PRICES remained unchanged for all products across the barrel in dull trading as buyers and sellers remained at a general stand off in a market beset by pre-Opec uncertainty and differing views on forward June price trends. Crude (FOB origin) USJ/borr* Dubai (My) 17.lt WK Texas >ang«
      90 words
    • Article
      Wheat
      88 4 WHEAT FUTURES in Chicago ranged from two US cents a bushel lower to three cents higher in fairly light trading on Thursday. July ended two cents lower at US$2.7O-1/4. Nearby July came under renewed selling pressure. Stotler Grain was the featured seller of July. Corn futures ranged from off
      88 words
    • Article
      Soybean
      99 4 SOYBEAN FUTURES in Chicago closed near Thursday's day's lows, off 3-3/4 to 1-1/2 cents a bushel. November ended 2-1/4 cents lower at USSS.7O-1/4, and July at U555.59 Nearbys lost ground. Refco and other professional houses were featured buyers of November while commercials sold. Soymeal futures ranged from off US$O.7O
      99 words
    • Article
      KL Tin
      159 4 THE PRICE OF TIN on Km Kuala Lumpur tin markat fall aavan canta from Thuraday'a cloaa to MslC.t3 por kilo In falrty vjuiti ir»air>g. An unchangad opanlng of MSIS.7O attracted 141 tonnaa of oftarlnga by aall* ara, but buyara wara wHIIdq to taka up only aavan tonnaa mainly
      159 words
    • Article
      Rubber
      217 4 SINGAPORE The market closed lower yesterday with July 1 RSS buyers quoted st 212.00 cents/kilo, down two cents from Thursday. The morning seesion lost two cents on lack of buying intereet and light profit-taking in moderste trading. Prices were little changed in quiet afternoon trading due to lack of
      217 words
    • Article
      RAS and MRELB
      261 4 RAS prices ms< BMta/kg, P 08 In bah M NOON CLOSE Bvyon SoNecs ftuyors Saltan Int 1 RSS Promf 216.50 217J0N ***** 215 JON i RSS JwJy 87 214.00 215.00 212.00 ***** 1 RSS Aug 212.00 213.00 210X0 211X0 In* 2 RSS OP 203-50 *****N 202.00 2O4X0N
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    • Article
      SSR and SMR
      87 4 (eanh/kfl, 1 -to n pofeti} JULY 87 AUGUST 87 (currant month) (forwor •d month) RAS NOON NOON tl/yffl Sdm So8en SSI 30 184-50 186J0N 184 JO 186 JON SSI SO 183-50 184 JON ItSJO 184 JON •vyw* Saltan Itfytn TiTlm SMt cv 254.00 256.00N 255.00 257.00N SMI
      87 words
  • Page 4 Miscellaneous
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  • BANKING AND FINANCE
    • Article
      Lock icon Switzerland promises a more flexible monetary policy
      467 5 Reuter THE SWISS National Bank will b« more flexible in operating its monetary policy in the coming months to help stabilise currency markets, President Pierre Languetin said. Mr Languetin and other members of the bank's governing board emphasised that the bank saw no
      Reuter  -  467 words
    • Article
      Lock icon Shanghai opens its first money market
      139 5 AP SHANGHAI, China's industrial hub and growing financial centre, on Thursday opened its first money market the official China Daily reported yesterday. The report quoted Zho Zishi, vice-president of the Shanghai branch of the People s Bank of China, as saying the market involves
      AP  -  139 words
    • Article, Illustration
      Lock icon Greenspan says dollar's slide at an end
      131 5 AFP ALAN GREENSPAN, named to succeed Paul Volcker as head of the US Federal Reserve Board, has said the dollar's decline appears to have ended. "I think the worst of the year is behind us," he said in an interview published on Thursday
      AFP  -  131 words
    • Article, Illustration
      Lock icon UK minister pleased with Tokyo package
      640 5 Reuter UK CORPORATE Affairs Minister Michael Howard said he welcomed a Japanese package of measures to improve foreign access to its financial markets. Mr Howard told Reuter in a telephone interview: "I welcome this package. The measures are consistent with what we have tried
      Reuter  -  640 words
    • Article
      Lock icon Creditor banks invited to discuss Latin America's debts
      236 5 Reuter LATIN AMERICA'S major creditor banks have been invited to meet the region's economics and finance ministers in Washington to discuss links between exports and servicing the area's US$3B2 billion debt. Latin America's economy and finance ministers will meet at the 31member
      Reuter  -  236 words
    • Article
      Lock icon Bankers upset with Norwegian government over Kongsberg
      198 5 FT INTERNATIONAL BANKERS are protesting against Norwegian government proposals which will force them to take substantial write-offs on loans to a financially troubled Norwegian stateowned defence contractor. The government is refusing to provide additional subsidies which Kongsberg Vaapenfabrik says it needs to avoid
      FT  -  198 words
  • MONEY AND EXCHANGES
    • Article
      Money markets
      57 5 THE OVERNIGHT rate on the Singapore interbank market closed 4% points lower at ft per cent yesterday. One months shed ft point. Two and three months closed unchanged at 4% per cent S$ Interbank rates at 7pm yesterday: OffB MO OtmnlgN 0 moMh 4H 4% 2-mamh 4% 4%
      57 words
    • Article
      Simex/IMM
      551 5 SEPTEMBER Eurodollar opened unchanged from Thursday's close at 92.12 in Singapore yesterday and traded between 92.13 and 92.06 in quiet and sluggish trading ahead of the unemployment figures and the Venice summit. Liffe session saw prices remaining soft on a softer US dollar with a lack of dealing interest
      551 words
    • Article
      Forex markets
      947 5 SINGAPORE: The US dollar closed lower against most major currencies yesterday, mainly on selling by local and overseas operators, in light trading. Most participants refrained from taking large positions ahead of yesterday's release of US May unemployment data and next week's G-7 economic summit in Venice. The dollar
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    • Article, Illustration
      World interest rates
      176 5 Indicates the average oI the prime lending rates of 12 mafor banks in SifKMDor* Interbank market rates (offer/bid) on June 5 USS DM SWFC Y«n 7 doyt 1 M#l 3 mth 6 mth 12 mth 6 7/9 1/4 9 7/9 7 l/U 6 IJ/U 7/t J/4 7
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    • Article
      Asian dollar market
      341 5 ASIAN DOLLAR deposit rstes closed steady at opening levels yesterday, after a day of quiet trading. Dealers said that most operators were sidelined ahead of yesterday's release of US May unemployment figures. Period rates were steady to slightly lower at the outset due to a marginal rise
      341 words
    • Article
      Govt securities market
      54 5 Treasury bills (most recent issues) Issue code Maturity Yesterday's yield BIO OFFfB BQ ***** V 3.9.87 2.30 2.20 BS ***** A 26.11.87 2.85 2.75 Singapore government bonds Issue Coupon Maturity Indicative Yield code rate closing (offered price rate) N*****0Z 3.500 1.6.1989 99.703.60 99.80 N*****0H 5.375 15.5.1992 100.855.16
      54 words
  • Page 5 Advertisements
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      Page 5 Advertisements Column 1
      109 5 NOW FOR A LIMITED PERIOD ONLY J L. Stay two nights with us and enjoy... An extra night free OR A Ss7s gourmet meed at no extra charge Coming home at *Ss7s++ gets even better! When you stay with us for two nights, you can stay on for a third
      109 words
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  • INTERNATIONAL STOCKS
    • Article
      Lock icon Tough takeover bill introduced in US Senate
      293 6 Reuter SWEEPING legislation was introduced in the US Senate on Thursday that would curb hostile corporate takeovers and punish illegal share trading with milliondollar fines and mandatory prison sentences. The bill's chief sponsor, Senate Banking Committee chairman William Proxmire, told the Senate it
      Reuter  -  293 words
    • Article
      Lock icon Kidder to settle charges with US$25m payment
      191 6 NYT KIDDER, PEABODY Co on Thursday agreed to pay a record U5525.3 million to settle government charges that it illegally earned US$l3.7 million trading on inside information. The settlement signalled an important government effort to broaden its investigation of Wall Street by charging
      NYT  -  191 words
    • Article
      Lock icon Dow continues to rise on low volume
      380 6 Reuter WALL STREET closed higher in light volume on Thursday as investors grew more comfortable with a steadier dollar and concerns about inflation as interest rates diminished. The Dow Jones Industrial Average rose 16.39 to 2,337.08 bringing the two-day gain to more than
      Reuter  -  380 words
    • Article
      Toronto
      136 6 JUNE 04 Abitibi C t 36% Inco Int Prov Pip* 23* 48% 23% A lean Alum Algoma Stl 40* 16 Karr Add .son 22* 14% Bank Nova Scotia Bank Of Montreal Ball Canada 18* 33% 42% unch McMil Bldl Moison A 25* 23* 31% Bp Reaourcee 23% 29% Bra#can
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      Johannesburg
      192 6 JUNE 04 RAMO Tongaat 1150 unch Truat Bk 230 20 Un Staal 80 5 INDUSTRIAL* Wooltru 1850 25 A Alpha 1675 unch MMM KM Abarcom Aaci Anglo* 7875 35 AMIC 6200 ***** Bartow* 2500 25 Buftat* 7650 -50 C Q Smith 4175 Charlar 1900 CNA 470 Con* Gold 5800S
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    • Article
      New York
      457 6 JUNC 04 US S *b Eastman Kodak 79% 8 Eli Lilly 91% 51% A lean Alumin 30 25% Nan DtatCham Alcoa 50% 1% Exxon Cp. 88% 8% Allag Inn 16% Firaalona Tira Fluor Cp 30% 17% NCR Corp 74 Allia-Chalmar* 3% Nawmont Mnf 100% Am Brand* Inc 45
      457 words
    • Article
      European markets
      782 6 Amsterdam JUNE M PU ABN Aagon A hold Akzo Alranta AMEV Amro Bank Am Stad Bafka) BOLS Buahrman Tattar od« Caiva Fokkar Gamma Giatbroc Hoogovana Hundou Intarnatio Muallar KLM Kluwar 466 SO 66 00 62.60 130 70 146 10 60 60 7310 121 50 1360 157 50 123
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    • Article
      Lock icon Hill Samuel denies rumours
      87 6 Reuter SAMUEL Group PLC denied rumours circulating in the UK government bond market on Thursday afternoon that its gilt mar-ket-making subsidiary, Hill Samuel Wood Mackenzie (Starting Debt) Ltd, was in difficulty. "These rumours are absolutely untrue," Christopher Castleman, group chief executive, said. Samuel shares dipped nine
      Reuter  -  87 words
  • Page 6 Advertisements
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      Page 6 Advertisements Column 1
      488 6 Mm fd wlm, dlm Hong Kong DianXin on Saturdays, Sundays and public holidays r> V, Come as early as 11 am to enjoy 27 selections of fine Dian Xin delicacies, prepared by chefs from Hong Kong, using only fresh, quality ingredients. At the Pheasant Room (2nd f100r)... where Dian Xin
      488 words
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      Page 6 Advertisements Column 2
      101 6 6 G f o iMr ili MVJf SEAFOOD A sure-fire way to warm the appetite. Orchard Hotel's Cascade Garden sizzles with the aroma of succulent, juicy grilled seafood. Come and warm your appetite with Slipper Lobsters, King Prawns. Large Squid, Mackerel. Pomfret, Sting Ray, Mullet or Sole. All orders served
      101 words
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  • ASIAN STOCKS
    • Article
      Lock icon Tokyo
      465 7 Reuter TOKYO: Prices fell from morning records to close lower yesterday on selling triggered by the yen's fall against the dollar and fears that prices have risen too high. The market index fell 94.81 points to 25,271.30 after rising to a record 25,537.00 in early trading. The previous record
      Reuter  -  465 words
    • Article
      Bangkok
      106 7 JUNE BAHT Ayudhya Investment. 310 Bangkok Aground 111 -2 2 Siam Cement Slam City 1013 938 unch 6 Bangkok Bank 299 Bank Of AyvxJhyt 238 Asia Fibre 825 +2 unch Siam Comfiank Singer Thailand 562 33 75 +2 -05 Dusitsni 388 unch unch 0.25 +4 +2 East Asisttc 403
      106 words
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      HONGKONG:
      83 7 Shares prices on the Hongkong Stock Exchange advanced on a broad front yesterday, with the market indicator surging to another record high for the third consecutive session. The Hang Seng Index, which shattered the 3,000 barrier for the first time on Thursday, rose another 40.73 to close at 3064.33
      83 words
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      Sydney
      433 7 SYDNEY: Australian share markets closed firm as afternoon buying of selected industrial stocks pushed key indices ahead yesterday. Brokers said the market remained positive about the outlook for the industrial sector, but turnover was moderate ahead of the Venice Summit. At the close of trading, the All Ordinaries Index
      433 words
    • Article
      Manila
      84 7 JUNE 06 I PESOS Mirttni Aco)a Mining Anglo Phil Orlantal B Phil Ovarsoaa Philax B 0 046 0.067S >0.004 >0.005 A pax Mining 8 0 0625 -0 4075 Ptcoo B Atlaa Con. 6 Bagulo Gold ...34 0 006 1 unch Saafront 0 022 >0 001 Basic Petroleum Bsnguat Con.
      84 words
    • Article
      Taipei
      251 7 JUNE 06 AM S«nc*ra indua Asia Camant WT 3 88 47 SO -02 Kuochan Oav Laa Chang Yuan 3180 35 00 -14 -1 3 Cathay Cona 66 00 .3 23 40 -1 2 Chang Hwa Bank 84 00 -4 Nan Ya Pias 49 90 -1 1 Chang Loong 39
      251 words
    • Article
      Lock icon HK suspends two Thai-controlled firms
      152 7 Reuter HONGKONG'S Commercial Crime Bureau is investigating Creative Investment Ltd and First City Investment Ltd, two property investment companies controlled by Thai interests. A bureau spokesman said it was still searching the premises of the companies in relation to the affairs of First Bangkok City
      Reuter  -  152 words
    • Article
      Lock icon Japan to start futures trade
      97 7 Reuter JAPAN'S first stock futures trading since it was banned in 1945 is likely to get off to a roaring start next week but may run into problems later, analysts said. Trading in a contract called the Osaka Futures 50. based on a basket of
      Reuter  -  97 words
    • Article
      Lock icon Unimpressive debut for Bond
      98 7 Reuter SHARES in Bond Media Ltd, the electronic media offshoot of Bond Corp Holdings Ltd, made an unimpressive debut on the Australian Stock Exchange on Thursday. After failing to trade in early business, the shares changed hands before the lunch break at Asl.lo, well down on
      Reuter  -  98 words
    • Article
      Lock icon Japan may allow foreign participation in telecoms
      296 7 AFP JAPANESE PRIME MINISTER Yasuhiro Nakasone has indicated that Japan may allow two new firms to participate in Japan's international telecommunications market, now monopolised by Kokusai Denshin Denwa Co (KOD). Speaking to foreign journalists on the eve of his departure for the summit
      AFP  -  296 words
    • Article
      Lock icon New managing director for Jardine group
      163 7 AFP THE PROMINENT Hongkong conglomerate, the Jardine Matheson group, has appointed executive director Brian Powers as its new managing director, with immediate effect. The announcement was made at Jardine's annual general meeting by chairman Simon Keswick, who had also held the post of managing
      AFP  -  163 words
    • Article
      Lock icon City Resources (Asia) planning HK$223.6m rights issue
      212 7 Reuter CITY RESOURCES (Asia) Ltd, a unit of Australia's (City Resources Ltd), is planning a one-for-two rights issue to raise HK5223.6 million. Each rights share of HK$O.5O par value will be issued at HK$5.7O with two detachable warrants. Each warrant will entitle the
      Reuter  -  212 words
    • Article
      Lock icon Jardine Strategic enlarges share issue
      156 7 Reuter JARDINE STRATEGIC Holdings Ltd has expanded the size of a con-vertible-cum-preference share issue to 200,000 shares from 150,000. Merchant banking sources said the preference shares have a face value of US$l,OOO each and will be converted into Jardine Strategic ordinary shares at HK$l4, representing
      Reuter  -  156 words
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      Page 7 Advertisements Column 1
      663 7 T ir.P Sunday Brunch: A great family outing. It's a wonderful way to combine a tote breakfast wfth 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 cheeseboard All ready
      663 words
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      Page 7 Advertisements Column 2
      169 7 ENTERTAINMENT v HIGHLIGHTS GtfodaSond •i From the Philippines A sensational band (hat is sure to please with its fast/ v slow numbers, favourite *\d'es and >ates> rock X PHILIPS* TCA The popular C\J local soloist For your sentimental moments n, (CAIHNHILL HOTEL) 19 Cairnhill Circle. S pore 0922 Tel *****22
      169 words
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  • LETTERS TO THE EDITOR
    • Article
      Service unto death
      546 8 THERE is an article in the British magazine, The Spectator, on what happens "When A Body Meets A Body". It is on an ordinary mortal's experience of spending a couple of days at an annual meeting of undertakers (or funeral directors, as they prefer to be called).
      546 words
    • Article, Illustration
      The milky way to heart diseases
      1072 8  -  M I A KHALIK Dear Sir I was happy to read Mr Richard Seah's article "Overflowing with milk and tummy in BT, May 9. I thought that at last there is somebody brave enough to expose the myth of the world's most overrated nutrient.
      1,072 words
    • Article
      Option of tendering in loan stocks makes TSRs more favourable Option of tendering in loan stocks makes TSRs more favourable
      392 8  -  GEORGE THIA Dear Sir In the article, "Inveetors taking a closer look at warrants and TSRs", in BT Weekend Edition, May 30-31, your journalist missed out one basic fundamental in
      392 words
    • Article
      Give credit where credit is due
      142 8  -  D W DISTANT Dear Sir On January 31. 1987, you published my letter in which I suggested allowing psyment by personsl cheques for new share issue, or else going paperless using the Giro system. I did not see any response to my suggestion, if
      142 words
    • Article
      FCW investor frustrated by delay
      428 8  -  A C TAN Dear Sir I am an investor in Federal Cables and Wires Bhd and I was very disappointed to read in BT, June 1, that there will be a further delay in the issuing of the new share certificates and relisting on the
      428 words
  • Page 8 Advertisements
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      Page 8 Advertisements Column 1
      302 8 I YJEJAjRIBjOjOIiy SJ7J Th* y«»r ifi Iht> >«*r to romf SINGAPORE BUSINESS Die Yeaifoook T To help you sort out the news reports of the past year, to unravel the statistics and uncover the state of the economy, Singapore Business has produced a Yearbook that takes a look at the
      302 words
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      Page 8 Advertisements Column 2
      45 8 BT welcomes letters from rMdtrt. Your A letters must include your signature, full name, address, and homa and offica talaphona numbers, if any. You may add a pseudonym, if you wish. Address your letters to: The Editor. Business Times, 390, Kim Seng Road, Singapore 0923.
      45 words
  • Page 8 Miscellaneous
    • Miscellaneous
      Page 8 Miscellaneous Column 1
      804 8 CRYPTIC PUZZLE ACROSS 9 Now apt foolishly, to be affronted by (2, 7) 10 Desire merely in a malicious way (8) 12 Cross, on that account, again (4) 13 Inclined to give a biased view of things (6) 14 Volunteer to hold the one caught, for the policeman (7) 15
      804 words
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  • Executive Lifestyle
    • Article
      STRAWS in the Wind
      286 9 MANY PEOPLE seem to be still unclear about the Copyright Act 1987, so the Consumers' Association of Singapore has produced an 18-page booklet to make things easier for members of the public to understand. The effort is commendable. Legal language is hard to simplify. But some
      286 words
    • Article
      Cigarette ad issue gets airing
      201 9 TRENDS THE COLOURFUL IMAGES leap off Km p>gw oI popular American magazines: A young couple silling In a Hold of Muo flowers, a man ind two woman on a sailing boat, a •oflbill taam calabelling victory, invH spinning visions ov ms gooo ii»s ontfi iso#fi
      201 words
    • Article, Illustration
      The delicious childhood of a nonya
      666 9  -  With AMY BALAN MY CHILDHOOD DAYS were spent studying, playing and swatting flies off sunbathing shrimps the stuff of which belachan is made along the five-foot way. On special days, I got to "tend" wild boar, or rather slices of the fresh meat put
      666 words
    • Article, Illustration
      Selling peace of mind
      1451 9  -  By MONICA GWEE THE MAN from Qantas brought the sun visors and the umbrellas. The others were lolling about the junk, right palms securely wrapped around foam coolers bearing cans of Foster's beer. It was 3.30pm on a weekday and the sun was doing glorious and
      1,451 words
    • Executive Lifestyle: Entertainment, the Arts & Pursuits
      • Article, Illustration
        Is MSG healthy?
        1007 10  -  HEALTH By RICHARD SEAH HAVE YOU EVER broken into a cold sweat after eating Parmesan cheese? Or had a stiff neck after eating mushrooms? Felt tight chested after a salad? Suffered heart palpitations after taking home-made broth of chicken bones? Or dizziness after a meal of seaweed-wrapped
        1,007 words
      • Article
        The healing powers of living foods
        309 10 AFTER 30 YEARS of working with "incurable" people, natural healer Dr Ann Wigmore found herself amazed at how easy it was to help sufferers of the "killer disease" Aids. Dr Wigmore. 78 and very healthy, had cured herself of colon cancer some 30 years
        309 words
      • Article
        Trimming — clarification
        90 10 Trimming clarification IT HAS BEEN drawn to our attention that our report on Saturday, 16th May 1987, which referred to a major trading company circulating devious and irresponsible statements designed to mislead the public into thinking that eating lots of fruit and vegetables will make them fat, and the suggestion
        90 words
      • Article, Illustration
        On an emotional roller-coaster
        860 10  -  FILM By Walton Morais LAST YEAR, the organisers said the Festival was moving from super intellectual films to popular films. Popular, that is, as opposed to commercial or classical. That was a recognition of the popularity of the French Film Festival which in 1985 had seen
        860 words
    • Executive Lifestyle
      • Article
        Taste buds in full Bloom
        527 11  -  FOOD By THE FOOD TEAM CLEAR, CLEAN and good food served sans garnishing is the standard fare offered by the latest restaurant in the Orchard Road area offering Cantonese cuisine. The Bloom, part of Pastels, on the fourth level of The Promenade, bears the name
        527 words
      • Article
        Chiang and his merry bunch
        450 11 SHORT TAKES JOURNALIST and author Michael Chiang has adopted the name of his best selling book Army Daze for a new comedy to be performed by Theatre works this month. To be directed by Lim Siauw Chong, the play is about the triumphs, tragedies and
        450 words
      • Article
        BILLBOARD
        1227 11  -  Compiled by Sakina Dhilawala CINEMA: Crocodile Dundee starring Paul Hogan. Showing at Cathay: 11; 1.30; 4; 6.30; 9.15. Police Acodomy 4 Steve Guttenberg, Bubba Smith, Bobcat Goldthwait. Showing at Capitol: 11; 1.45; 4; 6.30; 9.15, Changi: 11; 1.15; 3.30; 7; 9.15. From Another Star— starring Ricky Paull Goldin, Sydney
        1,227 words
      • Article, Illustration
        Too much icing on the cake
        608 11  -  STAGE By MARTIN SOONG DRUM ROLL. Brass fanfare. Cymbal crash. Deep baritone voice: "And now, straight from the Big Apple, New York's very own Kristin Ellaet" Silence. Pause. Mild clapping. Curious stares. One New York tourist quizzically to another: "Who?" Darkness. Spotlight. A hand
        608 words
      • Article, Illustration
        A broad brush across the canvas of youth
        688 11  -  THEATRE By CHARLES SAVAGE A VIGNETTE on school children and factory workers who find escape from their mindless, mechanical existence in comedy set the stage for an evening of entertainment crafted by a fine group of young drama enthusiasts. Hi! Theatre s
        688 words
      • Article, Illustration
        Eau la la, the Hermes water is back
        648 11  -  PERFUME By MONICA GWEE OH. THE FRENCH, how they can pour on the charm. Only in this case, it was sprayed persistently into the air, dispersing into the atmosphere at the Hermes Boutique in Liat Towers. The entourage of "economic journalists" who
        648 words
    • Executive Lifestyle: Sports
      • Article, Illustration
        Stick with Wags for a winning show in Race 6
        650 12  -  on TMCK with Brian Miller IT HAPPENED thrice this season and on all three occasions we've seen Wags come out after a testing first-run to score convincingly in his next outing. In February, he finished third to Mr Magic in
        650 words
      • Article, Illustration
        Lock icon Behind the good showing by Baiocchi and Woosnam...
        467 12 GOLF Reuter THE COMFORTING WORDS of a sports psychologist and the soothing fingers of a Dutch masseuse helped Hugh Baiocchi of South Africa and lan Woosnam of Britain into the first round lead of the British Masters golf tournament on Thursday. Baiocchi
        Reuter  -  467 words
      • Article
        Lock icon Moses finally meets his match
        181 12 ATHLETICS AP EDWIN MOSES's 122-race winning streak, the longest in the history of track, ended on Thursday when fellow American Danny Harris beat him in the 400-metre hurdles. Moses, the world record-hold-er with a time of 47.02 seconds, last lost a race on Aug 26,
        AP  -  181 words
      • Article
        Lock icon Alysheba — the superstar who's drawing the crowds
        610 12 Alysheba the superstar who's drawing the crowds RACING UPI, AP ALYSHEBA, with a victory in today's 119 th Belmont Stakes and subsequent Triple Crown sweep, can do for racing what Pele did for professional soccer in North America over a decade ago. Just as millions of fans came out to
        UPI,; AP  -  610 words
      • Article, Illustration
        Lock icon Tennis before friendship for Navratilova, Graf
        715 12 TENNIS AFP MARTINA NAVRATILOVA and Steffi Graf defeated their best friends on the circuit to reach an eagerly-awaited showdown in today's women's singles final at the French Open Tennis Championships on Thursday. Graf, 17, staved off a bold effort by her doubles partner Gabriela
        AFP  -  715 words
      • Article
        Lock icon Lakers scores thumping win
        464 12 BASKETBALL AP MICHAEL COOPER buried Boston with his record 3-point shooting and second-quarter passing and five Los Angeles players had 21 or more points as the Lakers cruised to a 141-122 victory on Thursday night and a 2-0 lead over the Celtics in the NBA championship
        AP  -  464 words
      • Article, Illustration
        Turning the tables on your opponents
        785 12  -  BRIDGE By MIKE THUMBA Planning the play. Finessing loeers and winners. THE WORD "finesse" means the skilful handling of a delicate situation to one's advantage. In bridge, it means that by your skilful play, you turn a loser into a winner. In other words,
        785 words
    • Executive Lifestyle: Personal Investment
      • Article
        Picking the right penny stock to pocket
        761 13  -  SHARES fcHTLffyit WJf jirj £23W25?rt By LISA LEE WHAT DO Paper Products Malaysia, Tan Chong Motors, Malaysian Resources Corporation Bhd, Kuala Lumpur Industries and Van der Horst have in common? Well, if you've been keeping an eye on the list of most active
        761 words
      • Article
        Throwing more light on TSRs and warrants
        527 13  -  INSTRUMENTS Keeping track... by RC A TELLING indicator that warrants investing has gained in popularity among local investors is the number of reader's letters and queries BT received in response to last week's lead story. Typical questions asked are How to determine the
        527 words
      • Article, Illustration
        Why lofty price-earnings ratios need not signal a bear market
        1330 13  -  WORLD MARKETS There is no shortage of reasons why, after their record-breaking climbs, world stock markets could emulate the crash of the *****. The most common reason among those cited is the lofty price-earn-ings ratios that most stocks now generally
        1,330 words
      • Article
        Interest switches to sale of sculptures
        275 13  -  ART t>y Ruth Corb Sothaby'a art markat consultant AFTER a sustained period of activity, the art market paused for breath during the week under review (May 25-30), ahead of the final round of major sales at the end of June. At preaent, there is
        275 words
      • Article, Illustration
        SPH looks poised for an upside breakout
        327 13  -  Ramesh Chandiramani ALTHOUGH the market as a whole and many individual stocks continue to set new highs, there are some quality counters which have been left behind. One such issue is Singapore Press Holdings. This component stock of the ST Industrial Index hit
        327 words
  • Page 9 Advertisements
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      Page 9 Advertisements Column 1
      15 9 The only Card you'll ever really need. Call 732 2244 for an application form today.
      15 words
    • Advertisement
      Page 9 Advertisements Column 2
      61 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. i
      61 words
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  • Page 10 Miscellaneous
    • Miscellaneous
      Page 10 Miscellaneous Column 1
      2668 10 Lee Majors, Kinnock and Armstrong TODAY: Hollywood's continuing fascination with the Vietnam war has Lee Majors, James Stacy and Barbara Hershy coming together in Just A Little I neon venience (10.40pm, Ch 3), a rehabilitation drama about a Vietnam veteran who copes with life without an arm and a leg.
      2,668 words
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  • Page 13 Advertisements
    • Advertisement
      Page 13 Advertisements Column 1
      213 13 BT welcomes Investment Ideas and viewpoints from brokers, bankers and other readera. Addreee all correspondence to: The Editor, Personal Investment, Business Times, 390 Kim Seng Road, S'pore 0923. The Australian Nugget 9999 fine gold. "In my job. I can't afford to take chances. Leaping through windows and jumping off buildings
      213 words
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  • SHARE INFORMATION
    • Article, Illustration
      Stock prices close mixed in hectic trading
      613 14 SHARE PRICES In Singapore yesterday closed mixed after a day of hectic trading with a few large married deals being the main highlights. The Straits Times Industrial Index staged another record-breaking climb to 1,243.71. The 'Business Times Composite Index also went up 3.82
      613 words
    • Article
      Untitled
      3780 14 H* 1M7 Low Company Last Solo OC Qr'a Dtv Dlv C'vt Qr'a Not rid P/E Vol ('000) Hlg Day h Low SECTION ONE MDUSTRIAL A COMMERCIAL 228 84 274 476 212 366 165 200 180 380 88 382 410 615 600 386 266 434 675 76 145 705 458 206
      3,780 words
    • Article
      Chief price changes
      232 14 SINGAPORE Rises Indices C E IN* 3100 90 tone 4 Jwna 5 675 45 ST Cowhm». 1105.23 1109OS UIC 490 4-34 6T06/0S +1«7 +149 toroco 394 26 STCADl -5627 -5410 C K Tang Acmo 410 24 •T 104*7 MA -5742 -5727 331 16 «OIV +*****7 *****2 HuhMbk
      232 words
    • Article
      Business done on the SES
      4481 14 SECTION ONE MOUS TRIAL COMMERCIAL Aono Q-25 8 Ml 2.06 02 210 (7) 211 M 9 2.14 (291 215 (9» 213 01 2.12 a 20* 154) 21« (6S 2 18 163 217 061 2.20 1541 219 121 215 (14) 220 (21 226 Ml 219 (121
      4,481 words
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  • COMPANY NEWS
    • Article
      Tuan Sing's accounts qualified for fourth year
      429 15  -  By ELAINE KOH TUAN SING Holdings, whose massive restructuring scheme has been languishing with the Stock Exchange of Singapore since November, has had its accounts qualified for the fourth year running. One of the qualifications stems from a long-standing lawsuit against its equally-troubled
      429 words
    • Article
      Lock icon Pilecon associate forms venture to market US security systems
      184 15 Bernama ES INDUSTRONICS Sdn Bhd, an associate company of Pilecon Engineering Bhd, has entered into a joint venture to market the Ademco range of American security and fire alarm equipment. Pilecon says the other partners in the venture are Pittway Corporation
      Bernama ES  -  184 words
    • Article, Illustration
      C K Tang's pre-tax profits rise sharply to $4.5m
      528 15  -  By HOMER CHEN PROFITS at retail company C K Tang Ltd took a quantum jump in 1986 with pre-tax profits rising to $4.58 million for the 12 months ended March 31, 1987 compared with just $427,000 for the 15-month period ended
      528 words
    • Article
      COMPANY BRIEFS
      144 15 UNITED Industrial Corporation Lid's proposed one-for two bonus issue has been approved by the SES. An EGM will be held immediately after the AGM on June 29 at the Shangri-La Hotel to approve the proposed bonus issue. Transfer books and the register will be closed from July 4-5
      144 words
    • Article
      Caldbeck sale: Timuran expects M$7.5m
      255 15 TIMURAN HOLDINGS is expected to realise at least M 57.5 million from the sale of wholly-owned subsidiary Caldbeck MacGregor (Malaysia) to Guinness PLC as part of the UK brewing and retailing group's link-up with Moet-Hennessy of France. The final terms will however be based on
      255 words
    • Article
      Kuala Lumpur prices stage a mild technical rally
      423 15 SHARE PRICES finished slightly higher on the Kuala Lumpur stock market yesterday in a mild technical reaction to the recent declines. Trading volume remained high. Fresh buying was noted in selected counters and these recorded double-digit price advances on balance. Blue chips,
      423 words
    • Article
      LONDON STOCKS
      860 15 NEWS OF a Guardian Newspaper poll yesterday which indicated a Conservative lead over the Labour Party of 10 per cent saw prices rebound from Thursday's lower levels caused by rumours the same poll would show a Tory lead of only 2 per cent. The previous session's reaction to
      860 words
    • Article
      Business done on the KLSE
      2793 15 BID and otter prices officially listed and business 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 Apnomoto (3525) Aicom ***** 18) 95 13) (2) 963
      2,793 words
    • Article
      Selected indices
      117 15 HONGKONG Hongkong Index Friday *****2 Thursday I9S522 Week ogo *****9 Hang Seng Index Friday 3064 33* Thursday 3023 60 Weak ogo *****0 All Industrials Friday ***** Thursday ***** Week ago 2552 3 NEW YORK Dow Jones Thursday 2337 08 Wednesday 2320 69 Weak ago 2310 68 TOKYO Nikkei
      117 words
    • Article
      Unit trusts
      253 15 Manager*' prk« MARA-Bumiputra for June 6 8 First 6'pwtro 4.71 676 Singapore Unit Trust Second B'putro Third B'putro 606 488 411 493 Ihe l_OHM»erce III 1 18* fourth B'putro 542 547 3.47 The Savings Fund 096 103 Fifth 8 putro 342 Spore frog Fund 0 46 050 Surth
      253 words
    • Article
      COMPANY MEETINGS
      162 15 KULIM (MALAYSIA) Berhad: 12th AGM at Ulu Tiram Estate. Ulu Tiram, Johor, Malaysia, today at noon. NEGRI SEMBILAN OIL PALMS Berhad: 55th AGM at 107-1 Changkat Thambi Dollah, ***** Kuala Lumpur, today at 10.30am. OVERSEA-CHINESE BANKING CORPORATION Limited: 50th AGM at 65 Chulia Street #19-00, OCBC Centre. Singapore
      162 words
  • Page 15 Advertisements
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      Page 15 Advertisements Column 1
      43 15 Corrigendum Refer to our advertisement dated 23/5/1987 on Proposal to change of Ship's name To rectify omission of the addresses of seller buyer. We notify as follow: Seller 1-29, 2-chome Doiimahama, Kita-ku Osaka, Japan Buyer: 3, Shenton Way #03-01, Shenton House, Singapore 0106.
      43 words
    • Advertisement
      Page 15 Advertisements Column 2
      402 15 k'iOnMiW In the matter of The Companies Act, Cap SO And VIBRAFORCE MACHINERY S.E.A. PTE LTD (In Members' Voluntary Liquidation) NOTICE IS HEREBY GIVEN that a Pinal General Meeting of the abovenamed Company will be held on 6th day of July 1967 at 10.00 a.m. at 220 Orchard Road #05-02
      402 words
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  • Article
    New light on how local chip-makers suffered in 1985
    579 16  -  By LOH HUI YIN THE PROFITS OF Singapore's top four semiconductor manufacturers plunged sharply, and in one case deep into the red, when the global semiconductor market went into a tailspin two years ago. Previously unreleased figures show that the worst
    579 words
  • Article, Illustration
    Lock icon Sri Lanka protests to United Nations against airdrops by India
    554 16 Reuter, AFP SRI LANKA has lodged a protest with the UN Secretary-General and launched a diplomatic offensive against the violation of its airspace by its giant neighbour India. Sri Lankan Foreign Minister Shahul Hameed sent the protest to Javier Perez
    Reuter,; AFP  -  554 words
  • Article
    Lock icon Argentina passes army trial bill
    73 16 Reuter THE ARGENTINE Congress has given final approval to a Bill sharply restricting human rights trials in an effort to cool military anger. Known as the "due obedience law", the Bill would bar virtually all junior-ranking officers from prosecution on human rights charges on the
    Reuter  -  73 words
  • Article
    Lock icon 'Arrest of 16 S'pore's prerogative'
    265 16 AFP MALAYSIAN Prime Minister Datuk Seri Dr Mahathir Mohamad said yesterday that the arrest in Singapore of 16 people, including two Malaysians, suspected of a communist conspiracy was the prerogative of the Singaporean government. "Malaysia would not interfere in the affairs of another country just
    AFP  -  265 words
  • Article, Illustration
    How not to get weighed down by luggage you rarely need
    449 16  -  By RICHARD SEAH, Special Correspondent WHAT HIDES in a corner and flies not more than once a year? You may not want to buy something like that, but many people do because they have no other choice. It's the
    449 words
  • Article
    Lock icon Planned West Bank business strike fizzles out
    104 16 Reuter A BUSINESS strike planned by Palestinian nationalists to take place throughout the West Bank to mark the start of Israeli occupation 20 years ago mostly fizzled out yesterday when many Arab merchants kept shops open. The strike was only partly followed in
    Reuter  -  104 words
  • Article
    Lock icon Fears of heightened trade friction
    182 16 AP DIFFERENCES in the ways Americans and Japanese view trade issues could result in a retrenchment on both sides of the Pacific. "We're in for some very difficult times on trade issues,'' Glen Fukushima, director for Japan Affairs of the US Trade Representative. said in
    AP  -  182 words
  • Article
    Lock icon British Labour Party calls for investigation of election rumours
    396 16 Reuter BRITAIN'S Opposition Labour Party yesterday demanded a stock market investigation into the spreading of election rumours after a false report on Thursday knocked £6 billion off share prices in half an hour. Foreign Affairs spokesman George Foulkes alleged that some
    Reuter  -  396 words
  • Article
    Lock icon South Korea to liberalise press law
    99 16 Reuter SOUTH KOREAN Information Minister Lee Woong-Hee said yesterday press laws, criticised as being repressive, are to be liberalised. He said the government planned to present an amendment bill to parliament next month. "We want to see our country's media regain vitality," he said,
    Reuter  -  99 words
  • Article
    Lock icon Dow Jones lower
    72 16 AP THE NEW YORK stock market headed lower yesterday morning, pulling back after the rally of the past two sessions. The Dow Jones Industrial Average fell 10.78 points to 2,326.30 in the first 90 minutes of trading. Losers outnumbered gainers by 728 to 494. Analysts said traders
    AP  -  72 words
  • LATE FILE
    • Article
      Lock icon KL looking into DTC solution
      50 16 Bernama THE MALAYSIAN government is looking for a solution to the problems besetting the deposit-taking cooperatives, Prime Minister Datuk Seri Or Mahathir Mohamad said yesterday. He said it could not be ascertained whether the government would make a dollar-for-dollar refund to the DTC depositors. Bernama
      Bernama  -  50 words
    • Article
      Lock icon Jobless level in US unchanged
      43 16 Reuter US UNEMPLOYMENT was unchanged in May from its April level of 6.3 per cent, the Labour Department said yesterday. The number of goods-producing jobs fell 10,000 in May, while serviceproducing jobs rose 133,000 for the month. Reuter
      Reuter  -  43 words
    • Article
      Lock icon ADB in accord to finance projects
      33 16 AFP THE ASIAN Development Bank (ADB) and the ExportImport Bank of Japan have signed an agreement to co-fi-nance projects in Asian-Pa-cific countries, the ADB said yesterday. AFP
      AFP  -  33 words
    • Article
      Lock icon Call for policy coordination
      51 16 Reuter SENIOR economists from tt>e world's central banks and leading academic institutions yesterday failed to agree on a basic solution to the world's economic ills, save to say that more economic policy coordination was required. They were meeting at a Bank of Japan symposium in Tokyo.
      Reuter  -  51 words
    • Article
      Lock icon China carries out nuclear test
      39 16 Reuter CHINA, one of the world's five military nuclear powers, yesterday carried out its first nuclear test since December 1964 at its Lop Nor underground site in north-western China, Swedish military scientists said. Reuter
      Reuter  -  39 words
    • Article
      Lock icon Manila business paper folds up
      28 16 Reuter BUSINESS DAY, one of Manila's most highly regarded newspapers, announced yesterday that it was going out of business after 20 years. Reuter
      Reuter  -  28 words
  • Page 16 Advertisements
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      Page 16 Advertisements Column 1
      23 16 Why were you born? Purpose and reason for our earthly life. Free literature: The Universal Life, dept. 4, Postfach 5643, 8700 Wurzburg/West Germany.
      23 words
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      Page 16 Advertisements Column 2
      71 16 IF YOU WANT TO KNOW 111 O N I I m w t* n f .to siW tS im Till' 6* •aasASSft Chinese ciw'rv. •""iS 1? V 15 ft 01 I ft a What taken tbrevttalise the Chinese Q)Omber? Why is the wbr4d looking cldsely ot Singapore's Mf What are
      71 words
  • Page 16 Miscellaneous