The Business Times, 27 June 1987
1987-06-27
1
16
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The Business Times
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Title Section13 1987-06-27 1 BUSINESS TIMES M.C. (P) No. 112/12/86 Weekend Edition, June 27-28, 1987 75 CENTS13 words
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Article, Illustration183 1987-06-27 1 Exchange ratea THE S$ weakened against most major currencies in the forex market yestsrday. It closed at $2.1190/1200 ($2.1150/65) against the US$, and ended at $3.4274/4312 ($3.4231/76) against US$» 146.25/35 yen, 1.8280/90 DM, S$2.1190/1200 US$1.6120/30 M* S$0.8413/21 Overseas markets PrUjiu rr »ooy HK Hang Swig Index 3138.68183 words
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739 1987-06-27 1 ALVIN TAY - Lower bad debt provisions expected By ALVIN TAY Banking Correspondent TOTAL AFTER-TAX profits of the 13 local banks could exceed the $400 million mark again this year, after plunging by 27 per cent to $317.1 million in 1985 and rising739 words
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Article, Illustration236 1987-06-27 1 THE Singapore stockmarket continued its weeklong rally yesterday and hit another record high with late buying pressure providing an sdditional boost to the ST Index. The Straits Times Industrial Index rose 4.11 points to the week's cloee at 1,260.77 while the Business Times Composite236 words
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495 1987-06-27 1 BOEY KIT YIN - By BOEY KIT YIN THE UNITED STATES has imposed import duties on colour television picture tubes made in Singapore but this will have minimal impact since the sole maker of colour TV tubes here has stopped shipments to the US since495 words
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309 1987-06-27 1 Reuter CENTRAL SEOUL was one huge battlefield last night as crowds calling on President Chun Doo Hwan to quit fought running skirmishes with riot police through a fog of tear gas. Opposition party leader Kim Young-Sam, who had planned to address crowds attemptingReuter - 309 words
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Page 1 Advertisements
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Advertisement234 1987-06-27 1 Nikon THE WORLD'S FINEST PHOTOGRAPHIC SYSTEM INSIDE OUR VIEW A MINISTERIAL PANEL of the Council of Europe has adopted a ground-breaking convention against torture which institutes a system of independent checks in places of detention. Welcome as the move is, the fight against torture succeeds only when the affected force234 words
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Advertisement12 1987-06-27 1 Full report. Rags 14 Inf I slocks, Pag* Asian slocfcs. Psgs 712 words
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Advertisement257 1987-06-27 1 Nikon THE WORLD'S FINEST PHOTOGRAPHIC SYSTEM Getting lost in New Zealand Page 9 Npnml Trtm Thorns in the memory Page Baby, let's do the Conge Page 10 Sots to Hotel Domination, determination end hope Page 10 Neture's heeling power Page 10 A star performance, almost Page 11 Where peletes ere257 words
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HOME NEWS
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566 1987-06-27 2 ANNA TEO - By ANNA TEO THE BOTTOM-LINE in Singapore's information technology (IT) drive must be to generate economic value from new technology. A national committee has thus been formed to integrate and steer all IT research and development efforts towards this goal. "We have to establish566 words
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233 1987-06-27 2 SINGAPORE now has direct air links with a sixth Indonesian city with the commencement of Garuda's services between Padang in West Sumatra and Singapore yesterday. The Republic already has air links with Denpaaar, Jakarta. Medan, Pekanbaru and Pontianak. Garuda Indonesia flight GA 902 touched233 words
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Article1034 1987-06-27 2 AT CONVENTIONAL WHARVES VmmI Berth Arrival Deperlure IttlFEL WHARVES Ortroi K32 ok>ng»d* 27 04,0600 G Mountain IC36 oiongsid* 2706/0700 UK KI6 alonged* 27 06/1800 Im tooling 3 KI9 otongud* 2706/0600 Bojoh Brook* K24C oiongsK* 26.06/2300 Shoun Moru II KI7 oiongud* 2706/0200 SoMtentouwn K26 olongsd* 2706/1800 Xongyvc IC291,034 words
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557 1987-06-27 2 SENIOR MINISTER S Rajaratnam yesterday questioned the validity of protests from organisations worldwide against the recent arrests made by the Internal Security Department. He told his audience at the Radin Mas community centre last night that the government had received protests from some 200557 words
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Article228 1987-06-27 2 THE BODY of a bank manager, with a letter of reeignation and two others touching on his personal problems, was found at the foot of a block of Marine Parade flats on Thursday morning. He was Mr Ng Choon Hua, 38, senior manager in charge of228 words
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149 1987-06-27 2 THE KING Baudouin Foundation in Belgium will award the King Baudouin International Development Prize worth $240,000 (four million Belgian francs) for the fifth time next year. Persons who or organisations which, regardless of their nation-' al origin, have made a substantial contribution towards the development149 words
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Article95 1987-06-27 2 THE NEXT BREAKFAST TALK to be organised by the National Productivity Board on July 23 will deal with "Customer Service the Human Factor". The president of the Scandinavian Service School in New York City, Ms Catharina Woh-lecke-Haglund, will deliver the talk. The Scandinavian Service School95 words
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160 1987-06-27 2 HOME-GROWN international exhibition contractor Pico Art has acquired a small share in an exhibition freight forwarding company. The move is seen as a step in vertical integration for the leading exhibition contractor which today has a staff strength of 500, including those in its160 words
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Article, Illustration205 1987-06-27 2 JETRO, the Japan External Trade Organ iaation, haa been encouraging Japaneee businessmen to buy more Singaporemade goode to counter the effects of the higher yen, says its new chief, Mr Yutaka Nojima. Jetro haa also stepped up its promotion of Singapore in205 words
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Article544 1987-06-27 2 Seminars and courses DURATION TITLE VENUE ORGANISER THEPHONE Jut 8 Diploma in Business National National *****66 (commenceEfficiency and Productivity Productivity ment dote) Productivity Board Board (Supervisory Management) Jul 8 Certificate in National National *****66 (commenceMonogement Consultancy Productivity Productivity ment dotal Board Board Jul 8-10 A Manager's Tool to SIM544 words
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OVERSEAS
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Article, Illustration462 1987-06-27 3 Reuter KREMLIN LEADER Mikhail Gorbachev, assessing the failings of the Soviet economy and the extent of domestic opposition to his policies, has vowed there will be no let-up in his two-year-old campaign for renewal. Addressing a meeting of the communist party's policy-making centralReuter - 462 words
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289 1987-06-27 3 Reuter MALAYSIA became the first country yesterday to sign the 1987 International Natural Rubber Agreement. This was announced by Malaysia's Minister of Primary Industries, Dato Or Lim Keng Yaik, at a news conference at the UN, where the signing took place. The accord, designed toReuter - 289 words
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802 1987-06-27 3 Bid to give Americans a chance in Japanese airport contract NYT THE UNITED STATES SENATE has started debate on a mammoth Trade Bill and, after hours of speeches, approved an amendment requiring American officials to begin an investigation of unfair trade barriersNYT - 802 words
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208 1987-06-27 3 AFP A SENIOR European Community (EC) official warned yesterdaythat the 12-nation common market would be forced to react firmly if the US Congress passed new legislation aimed at protecting the American market and industry. Mr Willy de Clercq, EC Commissioner forAFP - 208 words
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Article780 1987-06-27 3 ARRIVALS Operator Sorvfc* Local From number rim* S1A SQ191 1155 P&J SU SQ238 1155 MES THAI TG403 1155 BKK MAS MH682 1230 KCH GU GA940 1235 MES 9A SQ107 1250 KUL SU SO 203 1300 CGK GU GA900 1310 PKU SU SQ61 1335 BKK SU SQ1 1335780 words
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360 1987-06-27 3 Reuter KEN SHEEN says the worst thing about being assaulted and shot while working in a bar was waking up in hospital and finding out his assailant would escape prosecution because of diplomatic immunity. "That did more damage than my being shot," saidReuter - 360 words
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314 1987-06-27 3 UPI IN THE HOMELAND of the English language, teachers are forsaking instruction of proper English and endangering its future, a report published on Thursday said. The Centre for Policy Studies, a conservative think tank, warned that because of modern teaching methods "when children leave EnglishUPI - 314 words
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207 1987-06-27 3 UPI INDONESIAN women work longer hours than men but still lack leadership opportunities and status in society, according to a government study. The report, conducted by the Central Bureau of Ststistics in cooperstion with the Office of Women's Affairs and the UnitedUPI - 207 words
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386 1987-06-27 3 AP POOR COUNTRIES can adjust their policies to improve international finances without worsening the lot of their poorest citizens, the managing director of the International Monetary Fund said yesterday. Michel Camadessus said it was essential that such countries strive to protect socialAP - 386 words
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203 1987-06-27 3 UPI PRESIDENT Miguel de la Madrid on Thursday opened an economic conference saying glot>al economic modernisation is the key to preventing international chaos and for building world peace. "The world economy is today rapidly changing. In the centre of this process are twoUPI - 203 words
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419 1987-06-27 3 Reuter VETERAN BRITISH Labour Party politician Denis Healey, a former defence and finance minister who missed his ultimate goal of leading the party, yesterday announced he was stepping down from front-line politics. Mr Healey, 69, who gained a reputation as a tough-talkingReuter - 419 words
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Page 3 Advertisements
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Advertisement58 1987-06-27 3 fI 1# \l if \f\ If I The business person's choice, every I I II 111 1 Tuesday. Thursday. Saturday and I I 1 Ml II Sunday. Leaving Changi Airport at I vyx 1 JL 22:05 hours and arriving at Lester B Ftearson International Airport the following day. Call your58 words
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Page 3 Miscellaneous
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Miscellaneous70 1987-06-27 3 oonesbury SO WHAT AJELL.TMABOUT use Aft TOSTAFTGDUNSELYOUUPTO LTN6 ATA LOCAL theseoms, correctional rfv? FACILITY... rFS SORT OF AN ETHICAL REHABILITATION PROGRAM, TO GET INMATES TO EXAMINE THE MORAL IMPLICATIONS OF THEIR ACTIONS. BY GARRY TRUDEAU WRE KIPUK! YOU'RE GO/N6IOTR/ UEIL, NOT HARDENED CRIMINALS, EXACTLY ITS A TO TEACH ETHICS MINIMUM70 words
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WORLD BACKGROUND
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562 1987-06-27 4 Reuter BOOMING ELECTRONICS exports and a rash of public listings by manufacturers have refocussed attention on Hongkong's electronics sector, but industry analysts said doubts about the future remain. "In the long run, if manufacturers don't go into hi-tech, then they will be in trouble," saidReuter - 562 words
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Article, Illustration715 1987-06-27 4 Reuter THE PORTUGUESE-RUN enclave of Macau, with no natural resources and a tiny land area, has always had to live on its wits. The world's most densely populated territory with 400,000 people living in 16 sq km is fast running out ofReuter - 715 words
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575 1987-06-27 4 Reuter KAROLY GROSZ, a strong proponent of economic reform named as Prime Minister on Thursday in Hungary's leadership shakeup. is tipped to succeed veteran Communist Party leader Janos Kadar. Mr Qroez, 56, will take over his new Job after three yearsReuter - 575 words
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COMMODITIES
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Article433 1987-06-27 4 Crude palm oil futures closed mixed in featureless trading yesterday on the Kuala Lumpur Commodity Exchange. Dealers said the lack of interest was due to buyers taking an early weekend break. July eased Msl to M 5772 a tonne but August added Msl to Ms77l a tonne and433 words
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Article76 1987-06-27 4 PETROLEUM PRODUCTS were quiet and steady in thin trade yesterday. Naphtha showed weakness. Fuel oil remained firm on demand for prompt oil in a tight Singapore market. Crude (FOB origin) Dubai (My) 17.05 Wm» Tcxot 0»ong« -0.15 WT1 (Aug) 19.68 0.20 Products (FOB S'pore) US$/barr»l O<orv* Kmim76 words
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Article90 1987-06-27 4 WHEAT futures in Chicago closed three to X US cent per bushel lower in dull trading on Thursday, with July off three cents at $2.6314. Trading was light with some commercial buying noted. Prices opened lower in sympathy with lower corn and soybean futures and on pressure from the90 words
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Article89 1987-06-27 4 SOYBEAN futures in Chicago closed 8% to 11% US cents lower on Thursday, with November down 11)4 cents at $5.58. Prices opened lower as overnight rain replenished dry crop conditions in lowa and other parts of the western corn and soybean belt. American Census Bu- reau oilmill statistics released89 words
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Article130 1987-06-27 4 THE PRICE of tin on the Kuala Lumpur Tin Market, KLTM, yesterday closed two cents lower at M 516.49 a kilo on presistent selling in quiet trading. Thursday s rise attracted a higher disposal of 85 tonnes at the start of the market while bids were small at130 words
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Article260 1987-06-27 4 SMGAPORE The rubber market yesterday closed firm with July One RSS buyers quoted at 212.50 cents/kilo, up four cents from Thursday. The morning session recorded a three-cent gain on some nervous local shortcovering and speculative buying interest in moderate trading with higher Japanese advices aiding sentiment. Prices rose a260 words
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Article280 1987-06-27 4 RAS prices m s cmmq, fob in m M NOON CLOSE ftuyore Sellers Suyoo Sellers bit 1 RSS Prompt 212.50 213 JON 215.00 216.00N Int 1 RSS My 87 210j0 211 JO 212JO 21 3.50 bit 1 RSS Aug 208.00 209.00 210 JO 211 JO bit 2280 words
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Article81 1987-06-27 4 (canft/kg, 1-ton pollatt) JULY 87 AUGUST 87 (currant month) (forward month) RAS NOON Ivyan Saltan NOON •vyan Saltan SSt 30 '81-50 183.50N 180.50 183JON SSI 50 180-50 18I.50N 179 JO 180 JON MRELB Ivyan Saltan kvyan Saltan SMI cv 360.50 363.50N 361.50 363.50N SMI I 360.00 363.00N81 words
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Article272 1987-06-27 4 ChiiMM Product Exchange SoHoo' noon de*g prim on JIM 26 (SI/100 kg) Coconut oil Mi FOB 9240 OW drum FOB 102.00 KWw drum FOB ***** Copra Mixed (tooM) 54 Popper FOB NIW 1157 JO jorawai wraiv FOB faq NIW 1142 JO Sarawak iptflnl black FOB NIW 915.00 Sarawak272 words
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Article275 1987-06-27 4 HONGKONG: Gold dosed slightly higher on late short-covering yeeterday. while trading was fairly quiet and affected by the US dollar. Bullion ended at U*****.00/50 an ounce against an initial $440.90/441.40 and was above New York's $440.70/441.20 close. On the local market, gold finished HK$2 higher at $4,106 a275 words
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Article319 1987-06-27 4 London Commodity Exchange Bvyof/SoWof doting prims on Jw» 25 (£/lOHM unl •a ipodflod). Pr»vtow» doting prtc* «In Coffee Mi lr> Hon London, «e*en option OF London My 1230/1232 (1234/1238) High/Low 1234/1220 s^> 1252/1253 (1254/1257) High/Low 1260/1247 Solo* (1995) Cocoa My 1335/1339 (1320/1323) High/Low 1350/1335 S*P 1317/1318 (1304/1307) High/Low319 words
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BANKING AND FINANCE
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Article546 1987-06-27 5 BA Futures SEPTEMBER Eurodollar opened two ticks higher at 92.61 from overnight firmness in the US currency on Mr Sumita's comments. After trading to the high of 92.62, the September contract backed off to 92.56 because the result of the US 7-year auction was below market expectations. Prices remainedBA Futures - 546 words
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Article679 1987-06-27 5 SINGAPORE: THE US DOLLAR yesterday closed mixed against most major currencies in trade dominated by Japanese institutions and securities firms. The dollar edged up slightly to 146.25/35 yen from New York's 146.20/30 close but slipped marginally to 1.8280/90 marks from 1.8290/00 while sterling fell to U551.6120/30 from $1.6130/40.679 words
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Article72 1987-06-27 5 reasury bills »riod Issue Yesterday's dosing Day's code Maturity BIO OFFER HKJH LOW months BQ*****F 24.09.87 2.95 2.85 months BS*****F 24.12.87 3.00 2.90 2.92 2.92 iovernment notes and bonds »riod Issue Maturity Coupon Yesterday's closing Day's code rate BID OFFER HIGH LOW years N*****0Z 01.06.89 3-1/2 99.8572 words
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Article, Illustration194 1987-06-27 5 Indicate» Mm average of Mm prime lending rales of 12 ma(or banks In Singapore f Average of prime or equivalent lending rate on June 26 London 9.00% Hongkong 6 -5 N«w York 825% Bangkok ".5% Tokyo 3.375 Jakorto 20 Zuridi* 3.5% Kuala Lumpur 775 FronkfurT* 3% Manila194 words
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Article57 1987-06-27 5 THE OVERNIGHT rate on the Singapore interbank market fell back 4-1/2 points to close at one per cent yesterday. One and two months were unchanged. Three months fell 1/16 point. S$ Interbank rates at 7pm yesterday: Off» MO Ovwnigta I H 1 -mortti 4ft 4 2-mon* 4* 4%57 words
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417 1987-06-27 5 Reuter THE JAPANESE Finance Ministry is expected to approve a major expansion of consumer credit market next month in a bid to stimulate domestic demand. Ministry officials said yesterday that the move follows US criticism that the Japanese credit market is over-regulated andReuter - 417 words
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255 1987-06-27 5 Bernama ES THE HONGKONG and Shanghai Bank which pioneered personal automated banking services in Malaysia plans to introduce the electronic fund-transfer-at-point-of sale (EFTPOS) facility in the country. According to the bank's manager for electronic banking services, Mr Tan Min Chik, it is discussingBernama ES - 255 words
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Article228 1987-06-27 5 Asian Asian dollar deposit rates closd unchanged at opening levels, which were little changed from Thursday, after quiet trading. Operators were largely sidelined due to lack of fresh factors. Short dates closed unchanged at opening levels of 6% 6% per cent for overnight and 7 5/16 7 3/16 per cent228 words
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Page 5 Advertisements
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Advertisement1248 1987-06-27 5 cs CREDIT SUISSE BALANCE SHEET AT 31 DECEMBER 1986 PROFIT AND LOSS ACCOUNT 1986 Income Due from banks Sight Time of which with maturities up to 90 days Due from banks, total Bills discounted and money market paper of which short- and medium-term federal securities Loans Advances in current accounts,1,248 words
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INTERNATIONAL STOCKS
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319 1987-06-27 6 NYT THE ALLEGIS CORP announced on Thursday that it had changed the top management of its United Airlines unit and that the company would sell an interest in one of its most coveted assets, the Apollo computer reservation system. The company said these moves, asNYT - 319 words
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199 1987-06-27 6 FT HOGG ROBINSON, the UK insurance broking, travel agency and financial services group, ended lengthy speculation about its future on Thursday by announcing that it aims to split into two separate public companies. At the same time, Hogg surprised the City ofFT - 199 words
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447 1987-06-27 6 Reuter AFTER A TWO-DAY break. Wall Street came back in style on Thursday, resuming its move into record territory. The advance was complemented by a rise in the dollar and a resurgence of interest in sensitive stocks such as the technology group. TheReuter - 447 words
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Article127 1987-06-27 6 JUNE M CI Inoo 23* -X Int Prov Ptpa SO* Abttibi 34* lu ma 28* 36* Karr Addtaoo 22* 16 -X -1 Loblaw Co 15* Bank Nova Scotia 17* McMII Bldl 26 Motaon A 24* -X 42* 21* 34* Moora Corp 34* ♦x Noranda In 26* X Braacan CI127 words
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Article199 1987-06-27 6 1 JUNK a MO MNO USTMAL9 Tongaat Trust Bk Un Woortru 1240 236 77 1828 unch 8 unch -25 A Alpha 1700 unch MM NQS Abarcom A«cl 330 1775 unch -25 unch +100 Angloa 8075 -78 iSSS^z. #900 0|yyOOf 2480 -80 2450 Buffala 8750 10 C Q Smith 4400199 words
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Article574 1987-06-27 6 Aican Akimin Alcoa Allag IrMI Alllad 8ta Allia Chalmrm Am Brand* Inc Am Can Co Am Cyanamid Am EhK Pwr Am C«praaa Am Horn* Prod.... Am Motor* Cp Ama> Inc 2M S3 15* 44 47* SIX 26 sa* 86* 4* If* 36 1* 86* X 62% Armco Inc574 words
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Article651 1987-06-27 6 Amsterdam jum n FU ABN 478 00 Aagon AhoM Akzo 190 70 148 90 AMEV Aitwo Bank 78 20 1J am tad Bar*a< 15 90 -0 1 ■OLS. Bo^rn., 128.00 1.5 Buahrman Tat* »-o<Ja 53 70 0.7 C«»v« 880 00 5 54 50 ♦Of 67.00 1 QMfaroc 87651 words
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81 1987-06-27 6 FT KLEINWORT BENSON, the UK merchant bank, haa been appointed by Harcourt Brace Jovanovich, the US publiaher, to assist in ita defence against Mr Robert Maxwell'a Britiah Printing and Communication Corporation. The Britiah bank, which haa found itself at odda with Mr Maxwell in aFT - 81 words
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Page 6 Advertisements
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Advertisement465 1987-06-27 6 I Wiere id wtae, diae and enierfala eg* '£f% From now till 27 June you can enjoy a mouth watering choice of Creole Cuisine prepared by chefs direct from the Seychelles. Exotic cocktails, fresh seafood, vegetable and spices. Plus a chance to win 2 single return tickets to the Seychelles465 words
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Advertisement241 1987-06-27 6 not iviiiaovf London stocfci on Pago 18 Ride in for the American Bonanza! At the Crown Pnnce Hotel from 20June to 11 July, there's good ol' fashioned American coo kin' at the Cafe de Prince. With a buffet lunch and dinner, a special US beef a la carte dinner menu,241 words
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ASIAN STOCKS
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Article268 1987-06-27 7 1 JUNE as Amoc InN Mown. Bank Of Eaat Aaia. HK 1.96 24.80 unch 0.3 unch -0.16 +0.1 Jardina Stra Hldgt KaWahBank Ka Wah Stonaa KMB 1... 11.80 2.86 1.70 10 00 unch 0.078 +0.02 -01 Caftiay Pacific Air CJ**** Kong •.IS 12.80 Lana Crawford Laa Hing 21 00268 words
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Article617 1987-06-27 7 Reuter HONGKONG: Share prices closed slightly higher yesterday on revived trading in the afternoon linked to speculative buying in China Entertainment The Hang Seng Index gained 2.37 to 3,138.68 after losing more than 20 at an early stage. The Hong Kong Index was up 5.16 at 2,036.89. Turnover totalledReuter - 617 words
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Article277 1987-06-27 7 jum a YEN MUMJb EtoC Mftoub ftn» 672 2030 22 60 506 1 615 1300 •10 Amada. 940 -39 A«ahi Cham 1100 -10 Asshi Qiaas 2020 -60 Bank Of Tokyo 1600 unch 1610 BridQNtom 1130 -100 Canon 906 9 Caalo Computar Crtizan 0 Nip Print 0 Nippon Scraan 1340277 words
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Article77 1987-06-27 7 1u JUNE U Acojt Mining mot Oriantai PMI Ovanaoa. Phllax B...... 0.077S 0 1460 0.89 0.0075 0.006 Anglo Phil Apox Mining 8.... 0.014 0.0960 0 002 0.0228 PLOT Z 997.50 20 Baguio QoM. Basic Plroisum Banguot Con. B... 0 006 0.017 unch unch San Mtguai Saatront Si«na Darby 21«77 words
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Article272 1987-06-27 7 JUNK ccnts Hardla Jamaa 386 330 10 4-6 MOU1 TRIALS A C 1 400 Hooker ICI 346 -6 A N 1 1906 -10 Abartoyla S60 HaaSSt Age 275 Letghton unch Amcor 480 6 Ampol Exp Ampol Rat Anz Arladna Auat 488 310 418 278 unch ♦8 -2 Maoaftan Pat272 words
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Article113 1987-06-27 7 JUNf 99 WON Kangwon Ind ***** *400 Kit Motor ***** -100 CMI Sugar Ulfllm IRQ D—woo Corp Otflwoo Haavy......... ***** ***** ***** ***** 490 290 -90 80 Koton M. Koraa Long Tarm Lucky LM. 3*500 ....2300 •200 unch •19 -40 1000 -100 Oaiahln Sacurfaaa Dong Ah Phar Dong Suh113 words
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Article130 1987-06-27 7 JUNK M Ao Kham Thai BAHT Poat PuMlaMng Saha Union 261 —.406 iin •6 +2 Ayudfiys InvMtnufl Bangkok Agro-ind 326 167 ♦I 15 Siam CHy Camaot 1034 uneh Bangkok Bank 303 4 Siam Ommmmttal Charoong Thai Win A Catota 377 .9 Foot Products. 673 &r>oaf Thailand 4(1 rs -6130 words
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Article72 1987-06-27 7 Reuter A PROPOSED revolving loan facility for Sun Hung Kai Securities Co was increased to HKS3SO million from the original HK$3OO million, lead manager Paribas Asia Ltd said. The two year loan facility carriee interest at 1/2 a percentage point over the Hongkong interbank offeredReuter - 72 words
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379 1987-06-27 7 Reuter DAINIPPON INK and Chemicals Inc. an aggressive Japanese speciality chemicals concern that last year bought a big American chemical business, made s bid of about US$473 million on Thursday for Reichhold Chemical Inc. Wall Street, which learned of the U5552.50 a shareReuter - 379 words
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167 1987-06-27 7 FT TOSHIBA, THE BIG Japanese electronics group which is under fire in the US because a subsidiary sold sophisticated machine tools to Soviet naval dockyards, is considering hiring US suditors to examine its sffairs and, hopefully, to clear itsFT - 167 words
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227 1987-06-27 7 Reuter AUSTRALIAN TEXTILE groupe Linter Group Ltd and Entrad Corp Ltd have proposed making a joint A 56.20 a share counter bid to the Pacific Dunlop Ltd takeover offer for Bonds Coats Patons Ltd. The joint offer values Bonds Coats' 38.61 millionReuter - 227 words
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121 1987-06-27 7 AFP JAPAN'S Subaru carmaker, Fuji Heavy Ind, has agreed to supply an automatic speed variator it has developed to Fiat Auto SpA of Italy. The Dmily Yomiuri in Tokyo said the two firms had already reached a basic accord on the plan, butAFP - 121 words
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Page 7 Advertisements
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Advertisement605 1987-06-27 7 <&v I td Wliie, asii •r 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 just605 words
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Advertisement108 1987-06-27 7 Ample tree parking Car jockey available it J i We've gone casual with our image and at prices you simply won't believe. Now you can enjoy a drink at our casual Bourbon Bar, as well as our exciting new menu of fresh seafoods, grills, spicy sizzling platters, spectacular ice-creams, and108 words
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LETTERS TO THE EDITOR
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Article548 1987-06-27 8 IT IS UNIVERSAL, and more: it is the stuff hell is made up of. No one accepts that it should happen, but it occurs almost everywhere, the only difference being in degree and kind. The subject makes for great books, but the more books that appear on548 words
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2052 1987-06-27 8 Dmt Sir I refer to the Hock Lock Siew column in BT (June 18) on the Lum Chang loan stock issue. I read the article with a fair bit of amusement as it contained a number of financial misconceptions which2,052 words
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Article742 1987-06-27 8 Bull Al Rest - Bull Al Rest Dear Sir I have followed with some interest the anxieties expreeeed by some of your readers in the delay by Federal Cables, Wire and Metal Manufacturing Bhd in relisting its shares, and also the views on this matter expressed by Hock Lock742 words
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184 1987-06-27 8 Layonen - Layonen Dear Sir I refer to your article on "Asia Commercial Bank (ACB)" by Alvin Tay on June 16. In one of the paragraphs, your reporter stated that Mr Heng Chiang Meng, a director of ACB, said "about 90 per cent184 words
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161 1987-06-27 8 D W Distant - D W Distant Dmt Mr, In Singapore, stamp duty on share transfer deeds is either a nominal $10, where there is no change of beneficial ownership or ad valorem. And where ad valorem works out at less than $10, the transferee161 words
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144 1987-06-27 8 Dear Sir I am disappointed to learn that OUS has just been saddled with a huge tax bill. How are we going to be a leading fund management centre when our basic tax policies on investments are so poorly defined? As for the144 words
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Page 8 Advertisements
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Advertisement86 1987-06-27 8 imbor», If any. You may Id a pseudonym, if you i SdroM your lottert to: Tho Editor. Businoss Ttamoo, 990, Kim Bong Rood, Singoporo 0923. Business CHAR WARS 1 W f*»t imm* luitti* m D r .1 1 Zr-* JN i-* Disputes: What businessmen m China need to know Fast86 words
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Page 8 Miscellaneous
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Miscellaneous788 1987-06-27 8 CRYPTIC PUZZLE ACROSS 9 Gasp as ho cornea to grief during the game (8) 10 Over towards the hole (3) 11 How the items on exhibition are, as a precaution (2, 4) 12 Put again in the sun, I find out, it hardens (6) 13 Praise on return, giving about788 words
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Miscellaneous4 1987-06-27 8 ©Evcniri9 Standard Co.Ltd 1962-19874 words
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Executive Lifestyle
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Article321 1987-06-27 9 THE Singapore Polytechnic had a Language Camp earlier this month to help some new students brush up on their English "the fun way" before the term began. Understandably, the first on the list of camp rules stated that all campers must communicate in English and anyone321 words
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Article, Illustration1079 1987-06-27 9 RICHARD SEAH - XvlVvA With RICHARD SEAH "YELL-LOW, YELL-LOW Dirty fellows they are, the durian sellers. They will pry open a narrow slit in the prized fruit, barely wide enough to allow a vague glimpse, yell "Yell-low, Yell-low Ahhhh!" both as a certification of supposed quality and as an1,079 words
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Article, Illustration1344 1987-06-27 9 LAWRENCE TAN - By LAWRENCE TAN ••DOESN'T WORRY ME said the hitchhiker from Malaysia when asked his opinion on some trivial matter about travelling in New Zealand. The phrase seemed somehow alien and silly on his tongue but I recognised it as a familiar answer, one that a1,344 words
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Executive Lifestyle: Entertainment, the Arts & Pursuits
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Article, Illustration285 1987-06-27 10 JAIME LYE - CONCERTS By JAIME LYE Come on shake your body baby do the Conga No you can 't control yourself any longer It's Gloria and her buddies up there pounding for ya Never mind the cope just come on down and bop What a party at285 words
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Article, Illustration1021 1987-06-27 10 RICHARD SEAH - HEALTH By RICHARD SEAH "HAVE YOU heard the latest in the US?" a colleague asked some months hack. "Now they are saying you cannot eat protein with carbohydrates." My first reaction wss: "Rubbish!" Nutritionists snd health researchers in the US sre saying similar things about Fit for1,021 words
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Article404 1987-06-27 10 Walton Morais - THEATRE -By Walton Morais FROM the start the stereotypes are immediately recognisable. You are bound to have met them at one time or another. There is the pampered, middle-class mama's boy who arrives at army camp complete with tupperware of cookies shd a fussing mother404 words
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Article, Illustration874 1987-06-27 11 THE FOOD TEAM - FOOD By THE FOOD TEAM RIVER HOUSE is a real "discovery". If you can find it, you fully deserve the fine, usually MS&fre# Cantonese food from its kflchen. C Few diners have grudged toemselves the twists and turns «*>o narrow, lesser-known Singapore streets before chancing874 words
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Article, Illustration482 1987-06-27 11 J M - FASHIONS By J M A. "TYPICAL PASTELS" crowd waited nearly 40 minutes for the first Dolce Gabbana fashion show at the club's disco on Thursday night. Invites were for 10pm, but perhaps the bodybuilders (part of the show) couldn't get into their trunks. «if the choreographer482 words
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Article731 1987-06-27 11 Sakina Dhliawala - LOfnpHOO Dj Sakina Dhliawala CINEMA: CrocodUa Bundoa starring Paul Hogan. Showing at Cathay: 11; 1.30; 4; 6.30; 9.15. Amazing Stories Showing #t Capitol: 11; 1.30; 4; 6.30; 9.15. Bavarty Hllla Cop H—starring Eddie Murphy. Showing it Lido: 11; 1.30; 4; 6.45; 9.15 and Changi: 11; 1.30; 4; 7; 9.15.731 words
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Article, Illustration592 1987-06-27 11 LISA LEE - DANCE By LISA LEE IT WAS a night when any sleeping beauty would have pleaded a headache what with being asked to dance to a tape that sounded like some strange gurgling brook. "We are sorry for the difficulties polite tones from the intercom explained, and592 words
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Article205 1987-06-27 11 y. gHADT MVIIII takb BJORN BORG did it Cary Grant and Ingrid Bergman did it. French people seem to be doing it everywhere all the time. Kissing his trophy showed the cool Swede's joy in his Wimbledon victory, and the Grant-Berg-man embrace in Alfre Hitchcock's Notorious, ranks205 words
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Article, Illustration535 1987-06-27 11 JAIME LYE - CINEMA By JAIME LYE THE APPEAL of Bette Midler can best be described as a bed habit Kind of like an uncontrollable addiction to deep fried pork rinds steeped in oil. Shelley Long, on the other hand, is like a healthy green535 words
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Article, Illustration485 1987-06-27 11 Jalma Lya - By Jalma Lya SIT RIGHT down, children. Warm your toes by the fire and let Uncles Steven, William and Robert tell you some of the most AmazIng Stortas you will ever hear. Never mind that you had to pay admission fees while other children in the485 words
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Executive Lifestyle: Sports
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Article, Illustration634 1987-06-27 12 Brian Miller - on TMCK with Brian Miller LEADING TRAINER Johnny Kok has lined up an impressive team for the Singapore Gold Cup meeting starting today and there is every likelihood he'll saddle a double at Bukit Timah this afternoon, beginning with Blue Print634 words
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343 1987-06-27 12 WALTON MORAIS - GOLF By WALTON MORAIS SINGAPORE'S Lim Kian Kee could not maintain his first-day charge and slipped to joint-sixth position at the half-way stage of the M 570,000 Sabah Masters golf championship yesterday. After lying joint-third overnight with a one-under-par 71, the343 words
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371 1987-06-27 12 UPI FOG AND DARKNESS combined to plague the second round of the U*****,000 Monte Carlo Open golf tournament on Thursday and leave 61 players to complete their round early yesterday. Stocky Australian Peter Senior managed to finish his round and his five-under-parUPI - 371 words
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Article, Illustration609 1987-06-27 12 TENNIS I WIMBLEDON! lf~ NYT IT HAS come to this at Wimbledon: after four days of rain, interrupted occasionally by tennis, the grounds crew has now logged more court time than all the players combined. In the brief periods when it was just overcast onNYT - 609 words
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308 1987-06-27 12 Reuter RAIN and predictable results have made excitement a rare commodity at the 1987 Wimbledon Tennis Championships but beneath the centre court the action has been lively. It was in the dungeon to which players come to be interviewed by the media that oneReuter - 308 words
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Article, Illustration265 1987-06-27 12 Reuter AMERICAN Wayne Levi fired a seven-under-par 64 on Thursday to lead the US$7OO,OOO Greater Hartford Open golf tournament after one round. West German Bernhard Langer, South African Denis Watson and Americans Jim Thorpe and Dan Foreman were a stroke behindReuter - 265 words
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Article, Illustration534 1987-06-27 12 MIKE THUMBA - BRIDGE By MIKE THUMBA AT THE recent Far East Bridge Championship Games in Shanghai. our Singapore Pair B T Tan and Alfons T as well as their team-mates, Steve Robinson and Alene Friedman, won praise from the editors of the Daily Bulletin in534 words
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271 1987-06-27 12 BOXING Reuter ARGENTINA'S Juan "Hammer" Roldan said in an interview published on Thursday that he will not squander his big chance when he fights American Thomas Hearns for the vacant World Boxing Council (WBC) middleweight title in Las Vegas later this year.Reuter - 271 words
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Executive Lifestyle: Personal Investment
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Article, Illustration1033 1987-06-27 13 RAMESH CHANDIRAMANI - MALA YSIAN PROPERTY STOCK w ■y RAMESH CHANDIRAMANI THE SIGNS are there. The Malaysian economy is headed up again, commodity prices have risen and continue to stay high, interest rates have fallen dramatically, and the government has instituted several fiscal incentives to spur exports1,033 words
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478 1987-06-27 13 ART Sotheby's Research Department FOLLOWING a year or two of renewed success, Chinese Export Porcelain (ceramics made In China for export mainly to Europe) is now experiencing mixed fortunes. At a sale in London, a number of pieces sold just one year ago from theSotheby's Research Department - 478 words
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907 1987-06-27 13 DON STAMMER - GLOBAL MARKETS One of the biggest worries among investors currently is whether a severe bear market is lurking around the corner. Dr DON STAMMER, chief economist and capital market strategist at Australian stockbroking firm Bain Company, addresses this issue and907 words
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364 1987-06-27 13 LOAN STOCKS Keeping track... A READER wants to know if Lum Chang's proposed issus of 6 per cent loan stock with detachable transferable subscription rights (TSR) "would be as attractive as the Parkway warrants", and whether "I can keep the warrants if364 words
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Article, Illustration284 1987-06-27 13 Ramesh Chandiremani - fc. CHART PSIINT -by Ramesh Chandiremani AS EXPECTED, the market performed reasonably well this week and continues to move in line with my earlier forecasts of a short-term target of 1.270 on the Straits Times Industrial Index. But that is not the end. Readers of284 words
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Page 9 Advertisements
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Advertisement20 1987-06-27 9 st-asa* rCR ■ft «f~ u The only Card you'll ever really need. Call 732 2244 for an application form today.20 words
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Advertisement77 1987-06-27 9 V--7 A -i Am gerald genta Showroom and Service Centre: Singapore Gerald Gcnta Geneve ScotU Centre *01-11 Tel: *****97 Authorised Dealers: Singapore The Hour Glaas Lucky Plaza *01-36 The Hour Glaaa Scotta Centre *01-09 The Hour Glaas Penlnaula Plaza «01-16/19 The Hour Glaaa Centrepolnt «01-21/22 Kuala Lumpur The Hour Glaaa77 words
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Page 10 Miscellaneous
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Miscellaneous2764 1987-06-27 10 SLOTS TO WATCH Domination, determination and hope TODAY: The old familiar theme of young son/daughter following in footsteps of dead father/mother is well-worn but rather well-done in Tha Big Whaal (8.30 pm, Channel 12). Mickey Rooney stars in this 1949 drama about a determined race-car driver following in his father's2,764 words
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Page 12 Advertisements
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Page 13 Advertisements
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Advertisement28 1987-06-27 13 BT welcomes investment Ideae and viewpoints from brokers, bankers and other readers. Address all correspondence to: The Editor, Personal Investment, Businees Times, 390 Kim Seng Road, S'pore 0923.28 words
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Advertisement192 1987-06-27 13 The Australian Nugget 9999 fine gold. "In my job. I can't afford to take chances. Leaping through windows and jumping off buildings need good planning....and a little bit of luck. That's why I buy The Australian Nugget." In my job, I need good planning. And a little bit of luck.192 words
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SHARE INFORMATION
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Article, Illustration4274 1987-06-27 14 SHARE PRICES on the Singapore stockmarket closed mixed in moderately active trading yesterday. The Straits Times Industrial Index cruised up another 4.11 points to finish at 1260.77 while the Business Times Composite Index added 1.5© points to close at 1129.93. Gainers were slightly4,274 words
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Article277 1987-06-27 14 SINGAPORE Rises Indices Am 25 Am 26 C E Ufa 2050 30 •T CowpaiSi 1 1 2114 1129.93 Nat Iron *75 30 »T OS/OS •4 173 SfH •90 20 •T Cadi 55*5 -5557 Mama Carpn SO* 1M 17 IT 10-day Mi k -5690 -5*62 Avfcno 70i JOS277 words
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Article4236 1987-06-27 14 810 and offer prices officially listed and business in and reported to the Stock Exchange of Singapore yesterday with the number of shares traded shown in brackets in lots of 1,000 units unlees otherwise specified. All Time Settlement Contracts are quoted after the word "SETT".4,236 words
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Article40 1987-06-27 14 ASIATIC DEVELOPMENT Berhad: 9th AGM at 18th Floor, Wisma Genting, Jalan Sultan Ismail, ***** Kuala Lumpur, today at 10am. 19th AGM at 16th Floor. Wisma Genting, Jalan Sultan Ismail, ***** Kuala Lumpur, on Saturday, June 27, at 11am.40 words
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COMPANY NEWS
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403 1987-06-27 15 AMY BALAN - By AMY BALAN THE GOODWOOD Park Hotel and its subsidiary. Hotel Malaysia Ltd, have reported drastic falls in their interim turnover figures. And with Goodwood Park showing lower profits and Hotel Malaysia moving into the red, the interim payments to shareholders have403 words
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Article, Illustration218 1987-06-27 15 MALAYSIAN BUSINESSMAN Lee Ming Tee, chairman of Sydneybased Wormald International, says he is considering taking legal action against an Australian newspaper over a report that his Sydney offices were raided by the authorities. The Sydney Morning Herald reported earlier this week that the National218 words
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550 1987-06-27 15 IN SPITE OF some heavy selling in early trading yesterday, shares on the Kuala Lumpur stock market managed to rebound to higher levels on renewed buying interest in the afternoon. A broker said the report that 12 Umno members had filed550 words
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Article733 1987-06-27 15 LONDON shares were marked higher in early trading yesterday following Thursday's rise to record highs on Wall Street, with buying for the new account starting on Monday adding to the trend. At 9.00 am, the FTSE 100 Index was up 8.9 points to 2,286.1. INDUSTRIALS Juna 25 Panca733 words
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262 1987-06-27 15 LANDMARKS HOLDINGS Bhd has reported an enormous sttributable loss of nearly Msloo million in 1986, largely due to sharp falls in the value of its investments and provisions for doubtful loans. The group, once controlled by Tan Sri Chong Kok Lim and262 words
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Article502 1987-06-27 15 NAJEEB JARHOM - By NAJEEB JARHOM SOFT DRINKS giant Fraser Neave Ltd (FAN) and its new subsidiary Malayan Breweries Ltd (MBL) have both registered one-fourth rises in interim operating profits. F&N saw its group pre-tax profits rising to $56.01 million in the half-year ended March 31, 1987,502 words
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337 1987-06-27 15 Bernama ES CHEMICAL-BASED Hexza Corp Bhd (HCB) has proposed a one-for-two rights issue, a one-for-three bonus issue and special share issues. HCB said these proposals would raise M 540.53 million to be used for the expansion of the group's output capacities as well asBernama ES - 337 words
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Article3122 1987-06-27 15 BID and offer price* 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 npnomolo (3505) Atom (DOS) Mi 109 Mi 111 (37)3,122 words
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Article108 1987-06-27 15 HONGKONG All Industrials Hongkong Index Fridoy *****9 Friday 2586 7 Thursday ***** Thursday *****3 Week ogo Unov W eek ogo *****7 NEW YORK Hang Song Index Fridoy *****8 Thursday 3136.31 Week ogo 3165.64 Dow Jones Thursday 2451.05 Wednesday 2428.41 Week ogo 2408 13 TOKYO Standard Poors Nikkei Average108 words
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Article246 1987-06-27 15 Manager*' prices MARA-Bumiputra for June 27 29 fiat B'putra 687 6 94 Singapore Unit Trust Sacond B'putra 618 623 Tha CoMwct 1.13 Tt» Savings Fund 098 S por* Prog fund 047 S'pora Sac Fund QlSO S'pora Invast fund 080 S'pora Equity Fund 057 Asia Unit Trust 120 1246 words
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Page 15 Advertisements
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Advertisement165 1987-06-27 15 OFFICIAL NOTICE PROPOSAL TO CHANGE OF SHIP'S NAME I, Thomas Loke Pal Tan of Apt Blk 6, #03-12 Everton Park. Singapore 0206, hereby give notice that In consequence of a change of ship's name, I have applied to the Registrar of Slnga- pore Ships, under Section 386 of the Merchant165 words
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Advertisement237 1987-06-27 15 NOTICES SEE YONG ENTERPRISE CO., (PTE) LIMITED (In Members' Voluntary Liquidation) FINAL MEETING OF MEMBERS NOTICE IS HEREBY GIVEN pursuant to Section 906 of the Companies Act, Cap. 50 that a Final General Meeting of the members of the abovenamed company will be held at 111 North Bridge Road #12-05237 words
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Advertisement151 1987-06-27 15 OFFICIAL NOTICE PROPOSAL TO CHANGE OF SHIP'S NAME V) M3Tlnv SfYic— Pl* Lid of No. 50 Jalan Sultan, #08-08, Jalan Sultan Centre, Singapore 0719, hereby give notice that in consequence of our purchase, we nave applied to the registrar of Singapore ships under section 417 of the Merchant Shipping Act151 words
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Article, Illustration490 1987-06-27 16 FOO CHOY PENG - Magazine out to raise circulation By FOO CHOY PENG Chief Reporter THE RESTRICTION on the Mies of TIME magazine in Singapore is to be lifted from its July 13 issue. This was announced yesterday in a one-paragraph statement from the Ministry of Communications490 words
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841 1987-06-27 16 CHUANG PECK MING - By CHUANG PECK MING A SURVEY of 13 cities has again shown that tourist prices in Singapore are the lowest after Kuala Lumpur. "This is consistent with the findings released in August last year from the first Price Waterhouse study of comparative841 words
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Article224 1987-06-27 16 IT'S CHEAPER for tourists to shop in Singapore than it is in Hongkong. A survey commissioned by the Singapore Tourist Promotion Board found that a basket of goods in major department stores, duty-free stores and specialty shops in Singapore costs one tenth less than in224 words
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236 1987-06-27 16 AFP A MINISTERIAL committee of the Council of Europe on Thursday adopted a European convention against torture which institutes for the first time a system of independent checks in places of detention. Under the new measure, which has still to be ratified byAFP - 236 words
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180 1987-06-27 16 Bernama ES MALAYSIA'S real gross domestic product will rise 2.4 per cent this year against a backdrop of firm commodity prices and better manufactured exports, the Malaysian Institute of Economic Research (MIER) said yesterday. The institute, in its revised economic growth forecast releasedBernama ES - 180 words
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355 1987-06-27 16 LEE HAN SHIH, ELAINE KOH - By LEE HAN SHIH, ELAINE KOH AN EX-DIRECTOR of the Hong-kong-based Ka Wah Bank. Mr Low Chung Song, was arrested yesterday in Singapore and will be extradited to Hongkong, according to an official of the Commercial Affairs Investigation Department (CAD).355 words
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323 1987-06-27 16 UPI Reuter INDONESIAN Foreign Minister Mochtar Kusumsatmadja said yesterday that he would go to Hanoi next month with a new proposal for a political solution to resolve the continuing conflict in Cambodia. "I will bring some new proposals onUPI; Reuter - 323 words
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349 1987-06-27 16 Reuter A SERIES of hurried visits to Seoul by high-ranking US officials has underscored mounting concern over the political crisis in South Korea, one of America's key Asian allies. The US has long seen the Seoul government as a reliable bulwark againstReuter - 349 words
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Article87 1987-06-27 16 AFP THE COUNCIL of Europe, grouping 21 non-communist countries in Europe, has approved the setting up of an international convention againat tax fraud, but three countries said they would not participate. The move occurred in Strasbourg, France, during a ministerial meeting on Thursday after seven yearsAFP - 87 words
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Article70 1987-06-27 16 Reueter WALL STREET stocks fell over s broad range in early trading yesterday following a decline in the dollar to test the lower level of its recent trading range. The Dow Jones Industrial Average was off 10.84 points at 2,440.21 on volume of 24 million shares. LosersReueter - 70 words
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118 1987-06-27 16 AFP TOKYO is the world's most expensive city for renting offices, with Hongkong ranking sixth, Singapore 17th and Jakarta 23rd, an international property consultant said in Hongkong yesterday. The findings were included in a recent world- wide survey on office rentals byAFP - 118 words
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LATE FILE
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Article39 1987-06-27 16 Bemama ES MALAYSIA might take legal action against the American Soyabean Association for telling "lies" sbout Malaysian palm oil, Primary Industries Minister Datuk Or Lim Keng Yaik said yesterday In New York. Bemama ESBemama ES - 39 words
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35 1987-06-27 16 UPI A BOOMING financial sector and a leap in private housebuilding helped Britain's economy to grow at around 3.5 per cent last year, according to government figurea. UPIUPI - 35 words
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Article34 1987-06-27 16 Reuter AUSTRALIAN opposition leader John Howard received support yesterday from business leaders for his plans to curb trade union power if he wins next month's general election. ReuterReuter - 34 words
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Article41 1987-06-27 16 AP JAPAN will provide China 85 billion yen (US$5B6 million) in government loans in 1967, according to an agreement reached on Wednaeday in an exchange of notes, the official Xinhua news agency reported yesterday. APAP - 41 words
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Article46 1987-06-27 16 Reuter A HONGKONG businessman was jailed for four years yeeterday for trying to blackmail a local company by threatening to poison its soft drinks. Lien Keng-Lok, 56, who demanded HKS2OO.OOO from the soft drink company, pleaded guilty to blackmail chargea.Reuter - 46 words
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Article62 1987-06-27 16 Reuter UNITED STATES search crews reached a Philippine airliner which crashed in remote mountains with 49 people on board yesterday but said they saw no sign of survivors. The report appeared to dash lingering hopes that some of the 45 passengers and four crew may have survivedReuter - 62 words
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58 1987-06-27 16 Reuter FRENCH perfume, worth millions of dollars, has been stored unclaimed in a Leningrad warahouaa for mora than two years. A Soviet newspaper said yeaterday the US$2.9 million cargo was unloaded from the cargo ship Magnitogorsk in December 1964 but was never claimed despite theReuter - 58 words
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64 1987-06-27 16 Reuters NEW ZEALAND'S election day will be announced next week, a spokesman for Prime Minister David Lange said yesterday as an opinion poll indicated growing support for his ruling Labour Party and its goal of a fresh three-year term. The polls date, expectedReuters - 64 words
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Page 16 Advertisements
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Advertisement0 1987-06-27 16 '.<=:,'!{\$%\!~{}){:!=_!./%']\$0 words
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Advertisement117 1987-06-27 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. For horse racing fans... A -ml BT provides the winners too r Business Times, Singapore's largest business daily, has a reputation for in-depth coverage of business and117 words
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Page 16 Miscellaneous
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Miscellaneous20 1987-06-27 16 WW WW n sport lor 24 hourt prior to 7.30pm on Juno 2t at too airport mm tmmm mm* 320 words
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