The Business Times, 9 July 1988
1988-07-09
1
18
https://www.nlb.gov.sg
https://eresources.nlb.gov.sg/newspapers/browse/biztimes
The Business Times
-
Article277 1988-07-09 1 AFP I Dow Jones up WALL STREET stocks remained little changed yesterday after recovering from early selling on a big jump in June US employment. The news raised concern again about Federal Reserve credit J tightening, brokers said. The Dow 30 index was up about a pointAFP - 277 words
-
108 1988-07-09 1 AP YOUTHS flooding the summer job market and finding a wealth of opportunity caused the US June civilian unemployment rate to fall to 5.3 per cent, hitting its 14-year low, the US government said yesterday in Washington. Seasonally adjusted employment in June jumpedAP - 108 words
-
484 1988-07-09 1 RICHARD SEAH - By RICHARD SEAH TWO SINGAPORE FAMILIES have been listed among the world's wealthiest the Kwek family of Hong Leong Holdings and the Lee family of Lee Rubber Company. 'The two families have more than US$l billion each, according to a list appearing in the484 words
-
Article, Illustration219 1988-07-09 1 THE Singapore stock market closed sharply higher yesterday, although trading under the newly launched electronic system was interrupted several times by computer failure. The breakdown arose from overloading and cross-overlap-ping of orders, forcing many investors to cancel their orders in the219 words
-
433 1988-07-09 1 ELAINE KOH - Proposal submitted to SES yesterday By ELAINE KOH BARCLAYS de Zoete Wedd Ltd. the British securities house, has made a second attempt to tie up with local broking firm Pacific Union Co Re. A proposal for BZW to acquire 49 per cent of433 words
-
450 1988-07-09 1 THE VOLUME of business done on the Singapore stock market fell significantly yesterday as clients, brokers and trading clerks grappled with the newlylaunched floor trading system. Although widely expected, the repeated interruptions to trading tested the patience of those involved. Some broking firms and450 words
-
174 1988-07-09 1 THE US dollar recovered on the London foreign exchange market from the sharp fall it experienced earlier in the Tokyo currency market yesterday. The dollar bounced higher after a sharp drop in American grain prices eased fears of inflation. By mid-morning in174 words
-
Page 1 Advertisements
-
Advertisement312 1988-07-09 1 c* y •I nn '--Mr; >jt i Tk*»J jam a .a "i D* v Full report, PAGE 14 Regional Mkts, PAGE 16 World Mkts, PAGE 17 More reports on The Very Very Rich, PAGE 6. MANAGERS owe a debt of gratitude to ancient scholar-general Son Tzu whose manual, The Art312 words
-
Advertisement6 1988-07-09 1 Share Information, PAGES 14 ft 156 words
-
Advertisement159 1988-07-09 1 Nikon •*> <wi V---Just cruising Page 7 PfitH Trivia A man's best pants Pag* 7 An underrated appellation Page 9 NtalUi Illogical but effective Page 9 Melting pot cuisine with zing Pag* 9 CD Rwtews I love them Yeah! Yeah! Yeah! Page 10 WMkMtf TV Weekend programmes; next week's top159 words
-
-
HOME NEWS
-
Article366 1988-07-09 2 LILIAN ANG - By LILIAN ANG SEVERAL local small and medium sized enterprises (SMEs) part of a recent trade mission to France and Italy are negotiating joint ventures with various European companies. Three joint ventures involving the manufacture of membrane circuits and switches, plastic bottle closures and special366 words
-
Article197 1988-07-09 2 A LEADING Japanese manufacturer of industrial plastics, which announced in March this year its plans to invest $30 million in Singapore, has taken the first step towards that commitment. Sumitomo Bakelite yesterday held the ground-breaking ceremony for a 9,000-sq-m factory in Admiralty Road West, Woodlands. It197 words
-
Article136 1988-07-09 2 REPRESENTATIVES of major Asian retailing organisations have reached broad agreement on the hosting of the 4th Asian Retailers Convention and Exhibitfrn in Singapore from Sep 18 to 2£ next year. About 500 delegates, from 15 ta 18 countries, will attend the 1989 convention which will be136 words
-
368 1988-07-09 2 SINGAPORE AIRLINES is exporting its inflight catering services to the Maldives, where a $6 million joint venture kitchen will serve airlines operating on the islands. The joint venture will be formalised tomorrow when an agreement is signed between the Maldivian government and SATS Catering368 words
-
Article, Illustration294 1988-07-09 2 LILY FERNANDEZ - By LILY FERNANDEZ LUCKY PLAZA has intensified its war on tenants who persist in displaying goods along the corridors. The shopping centre's management corporation has instructed lawyers Chu. Chan, Gan and Ooi to serve restraining orders against 18 tenants who have ignored294 words
-
127 1988-07-09 2 THE GOVERNMENT of the Canadian Province of British Columbia announced yesterday that it will set up a trade office in Singapore by Nov 1 this year. The office, to promote trade and investment between the Canadian province and Singapore, will complement British Columbia's other trade127 words
-
221 1988-07-09 2 TWO NATIONAL furniture associations are teaming up for the first time to hold Singapore's first furniture export show. The Singapore Furniture Industries Council (SFIC) and the Singapore Furniture Manufacturers' Traders' Association (SFMTA) will hold the Singapore Furniture Export Show at the World Trade Centre221 words
-
Article98 1988-07-09 2 THE CHIEF of Staff of the Indonesian Army. General Edi Sudradjat. is in Singapore on a four-day official visit. He is here at the invitation of the Singapore Armed Forces' Chief of the General Staff, Lt-Gen Winston Choo. This is Gen Sudradjat's first official visit to98 words
-
Article1354 1988-07-09 2 AT CONVENTIONAL WHARVES VmmI Arrival Departure KEPPEL WHARVES Auo Venture K20 alongside 09 07/2300 Boiyunihon K27 alongside 1407-2300 Builder III K22 alongside 0907/2359 Frost net K32 olongside 1107/1500 G Seloton-8 •C30 alongside 0907/2300 Huong yun K33 olongside 1007/0600 Kim Soon li K23 alongside 0907/0700 Koto Alcbor K3I1,354 words
-
-
Page 2 Advertisements
-
Advertisement136 1988-07-09 2 NOW IS THE TIME TO INVEST IN LANDED PROPERTY... CHUAN TERRACE 3-STOREY TERRACE HOUSE FREEHOLD LAND IS YOUR RIGHT CHOICE... v.i-' 4 sa t r I I M |i A 41 units only *4 1 Bedrooms n rt\o• Land area 2,023 to S* 1 5,159 sq.ft. Marble Flooring and Quality136 words
-
-
OVERSEAS
-
540 1988-07-09 3 NYT THE WEST German government, which is struggling to contain a soaring deficit, announced its 1989 budget on Thursday amid heated controversy over planned tax increases. There is a widespread belief among economists that the increases will largely neutralise the reductions inNYT - 540 words
-
Article1000 1988-07-09 3 ARRIVALS Operator Service Local From number time SIA son 0040 IAX/NRT MAS MH601 0140 KUL GIA GA7219 0255 HLP CAL 0333 0405 TPE SIA SQ401 0555 CMB SIA SQ41 0610 MAA GIA GA3217 0630 HLP MAU MK/ 0730 MRU SQ746 SIA SQ23 0755 AMS/BOM MAS MH640 08201,000 words
-
187 1988-07-09 3 FT A LEADING Soviet banker on Thursday said the Soviet Union would increasingly price import contracts and credits in the European Currency Unit, because it was more stable than national currencies. Thomas Alibegov, a board member of the Soviet External Economic Bank, wasFT - 187 words
-
136 1988-07-09 3 Reuter BRITAIN'S state-run railway said on Wednesday that it went into the black last year, a turnaround which industry analysts believe will encourage Prime Minister Margaret Thatcher to sell it. Meanwhile, state-owned British Steel Corp, which is already on Mrs Thatcher's privatisation list, said itsReuter - 136 words
-
341 1988-07-09 3 FT THURSDAY'S Piper Alpha Oil Field explosion disaster may well produce by far the biggest single claim ever faced by the world's insurance underwriters, with property damage alone costing insurers more than £470.5 million assuming the rig is a total loss.FT - 341 words
-
411 1988-07-09 3 FT THE EUROPEAN Community on Thursday presented the most ambitious proposals for the protection of patents, trademarks, copyrights, computer programs and semiconductor layout designs so far tabled in the General Agreement on Tariffs and Trade s (Gatt) trade-liberalising Uruguay Round. Submitted to the groupFT - 411 words
-
150 1988-07-09 3 FT THE EUROPEAN Parliament on Thursday urged all EC memberstates to join and strengthen the Eurocontrol air traffic system as the only remedy to growing chaos in Europe's skies. Eight EC states nominally belong to Eurocontrol, a body which has never lived upFT - 150 words
-
328 1988-07-09 3 UPI RUMANIA on Thursday rejected a decision by the Comecon communist trading bloc to restructure itself into a common market with more attention to market laws of supply and demand. The 10-member Council for Mutual Economic Assistance, winding up a three-day meeting, concluded that currentUPI - 328 words
-
Article, Illustration43 1988-07-09 3 AP Picture MONI SCHUMACHER it making good business in her pet-shop near the West German capital of Bonn. She is selling Soviet leader Mikhail Gorbachev as a 'squeaky' toy for dogs. The toy is produced in Great Britain.AP Picture - 43 words
-
465 1988-07-09 3 Reuter NYT THE US SENATE has approved a US$l4.3 billion foreign aid bill providing economic and military assistance to countries around the world and US$l.5 billion to international development banks. The appropriations bill provides US$6.3 billion in bilateral economic aid and US$5.B billion inReuter; NYT - 465 words
-
-
Page 3 Advertisements
-
Advertisement66 1988-07-09 3 f I if \l Jj| I r I The business person's choice, every I I II 111 I Tuesday. Thursday. Saturday and I I VI I m\ y\ I I m Sunday. Leaving Changi Airport at I A VVyl X 22 05 fours and arriving at Lester B. Pearson International66 words
-
Advertisement8 1988-07-09 3 Oil rig disaster a major sathack, PAGE 178 words
-
Advertisement139 1988-07-09 3 Treat your family to a sumptuous Chao Zhou provincial meal at the Chao Zhou Garden Restaurant. Ask for our special set menu ranging from $28+ for 2 persons, $55++ for 4-5 persons or $88++ for 6-8 persons. A delectable choice of Chao Zhou dian xin are also available on the139 words
-
-
Page 3 Miscellaneous
-
Miscellaneous76 1988-07-09 3 Doonesbury H£'V£(WRK£P POfT U/ORRY UP A TREAT- ABOUT IT, KIP. Mem FOR. OUR G/Ve POPPA I MOV/B, SIP, A TASTE! BUT /7l? KJNP OF ROUGH... you WON'T laugh* >ey,BooPse,ujHo IXNES YA, HUH? YOU MANNA TELL MSHHO LCMBS i Mii m ■Nit 1! BY GARRY TRUDEAU l/JELL, OKAY, HERE GOES.'FUNKRA' fS76 words
-
Miscellaneous66 1988-07-09 3 Mm Singapore Bahrain Bangkok Barbodos Beirut &fty r oae OUTLOOK: imM In I Report for 24 hours prior to 7.30pm on July 6 at #w PUlnteH In mm... Mtny day* Me I Nassau Now MN Now York Nicosia Oslo farts Perth Rio 'Janeiro Rome San Frh'co San Juan Sanriogo Sao66 words
-
-
MONEY AND EXCHANGES
-
Article437 1988-07-09 4 SEPTEMBER Eurodollar futures opened two ticks lower than Thursday's close at 91.90 on a weaker dollar in overnight trading. The September contract traded to 91.92 from the day's low of 91.90 as the dollar recovered from earlier losses. The September contract managed to settle at 91.92. Currency futures opened437 words
-
Article242 1988-07-09 4 Reuter IMM currency futures settled mixed on Thursday after volatile afternoon trade slowed by the close. Active commercial buying and short covering buoyed the Japanese yen, which had surged overnight after a Japanese press report, later discounted by US Treasury officials, that US officials were not happy with theReuter - 242 words
-
Article161 1988-07-09 4 Gold futures on July 7 100 troy ounces; USS per troy ounce Open High Low s«m« M 440.40 440.40 440.40 439.10 0.50 Aug 441.80 443.70 440.00 441.10 0.40 S«P 443.80 0.40 Oct 447.30 449.00 445.70 446.60 0.50 Ok 432.00 454.80 450.90 451.90 0.50 Nb 458.80 458.80 456.50161 words
-
Article223 1988-07-09 4 Reuter ASIAN DOLLAR deposit rates ended little changed yesterday from its opening levels, after a day of quiet trading. Dealers said most operators refrained from establishing new positions ahead of yesterday's release of US June unemployment data due at 1230 GMT. Reuter uss OfFE* SID 7 daysReuter - 223 words
-
Article1622 1988-07-09 4 OCBC Reuter Reuter SINGAPORE: The US dollar closed marginally firmer against most major currencies yesterday. Against the Singapore dollar, the US dollar closed slightly firmer at 2.0437/47 in erratic trading. It traded within a range of 2.0427 and 2.0445. It opened initially at 2.0425/35. The dollar fell toOCBC; Reuter - 1,622 words
-
Article61 1988-07-09 4 THE OVERNIGHT rate on the Singapore money market rose 1/8 point to close at 4-1/2 per cent yesterday. One month and three months rose 1/16 and two months was unchanged. S$ Interbank rates at the dose yesterday: OfFCT MO 0*«fnight 4 1/2 V 1 -month 4 3/16 1/1*61 words
-
Article97 1988-07-09 4 Treasury bills Period Issue Yesterday's closing Day's code Maturity MD OfFER HIGH LOW 3 months RQ*****X 06.10.88 3.90 3.85 6 months BY*****H 22.09.88 3.93 3.88 1 y*or BY*****Z 23.3.89 3.97 3.92 3.91 3.91 Government notes and bonds Period Issue Maturity Coupon Yesterday 's closing Day's code rate97 words
-
Article, Illustration181 1988-07-09 4 Indicates tt>« avaraga of tha prim* landing rataa of 12 ma for banks in S'pora Interbank market rates (offer/bid) on July 8 us$ DM SWFC Y«fi 7 do n 7 13/16—11/16 9 j/s i/a 4 5/16 3/16 3 1/1- 3/i 4 3/16 1/16 1 7 3/4 5/9181 words
-
317 1988-07-09 4 Reuter SOUTH AFRICA'S gold holdings plunged by one billion rand (US$43l million) in June as Pretoria swapped bullion for hard currency to repay debts. The drop in gold reserves announced by the central bank in Johannesburg on Thursday wasReuter - 317 words
-
Article1344 1988-07-09 4 CURRENCY FUTURES OPTIONS Friday, My 8, 1988 DEUTSCHE MARK (SJMEX) J* 86 caHs Mfh Low SaM High Jul 66 p«8 Lav taa S3 56 57 56 59 40 Aug 88 can* High Lav tad 3 678 16*8 HWl 1A Aug SS P«iV Lm 2 74 174 274 374 4741,344 words
-
-
BANKING AND FINANCE
-
116 1988-07-09 5 Reuter BRITAIN has agreed to open the market in its government bonds (gilts) to two Japanese firms. The Bank of England notified Nomura Securities Co and Oaiwa Securities Co on Thursday that they could now trade gilts. They are the first twoReuter - 116 words
-
290 1988-07-09 5 Bernama PARTICIPATING members of syndicated loans should conduct their own post-approval monitoring rather than relying on the agent bank to carry out the monitoring on their behalf, says an officer at a London-based bank. Choo Yee Kwan, currently attached to the international bankingBernama - 290 words
-
440 1988-07-09 5 Bernama THE SIMMERING salary dispute between Malaysian bank workers and their employers now appears to have got everyone hot under the collar. The talks have got bogged down in whether a collared T-shirt which male bank employees have been wearing to work asBernama - 440 words
-
341 1988-07-09 5 NYT THE FEDERAL Deposit Insurance Corp is nearing a decision on several competing plans for a bailout of the First Republicbank Corp. but the timing remains uncertain, a spokesman for the Bank Insurance Fund said on Thursday. "We would like to beNYT - 341 words
-
352 1988-07-09 5 AP BRAZIL'S Minister of Finance said on Thursday he believes Japanese banks are willing to support a loan package to Brazil totalling US$5.2 billion, as his nation strives to regain international confidence in an economy burdened with a huge external debt. "WeAP - 352 words
-
149 1988-07-09 5 THE Singapore branch of Commercial Union Assurance has launched a new insurance policy that covers computers. The British insurance company's policy covers repairs to damaged computers and the cost of replacement for damaged or stolen computers. It also covers the cost of reinstating149 words
-
220 1988-07-09 5 WEST GERMANY'S largest bank is expanding its branch network in Argentina by acquiring 29 branches from Bank of America. Deutsche Bank announced the purchase of the branches, in and around Buenos Aires, on Wednesday. The deal will take effect as soon220 words
-
-
COMMODITIES
-
Article159 1988-07-09 5 Reuter SINGAPORE Rubber prices closed steady yesterday with August 1 RSS buyers price quoted at 258.00 cents/kilo. On the TSR-20 market, prices closed slightly easier. August buyers price closed at 226.500 cents/kilo. MALAYSIA The Malaysian rubber market close slightly lower yesterday. August International RSS Ones buyer slipped to 354.00Reuter - 159 words
-
Article291 1988-07-09 5 RAS prices In S cents/kg, FOB In bates NOON CLOSE Buyers Sellers Buyers Sellers Int 1 RSS Prompt 260.50 261.50N 258.00 259.00N Int 1 RSS Aug 88 260.50 261.50N 258.00 259.00 Int 1 RSS Sep 260.50 261.50 258.00 259.00 Int 2 RSS OP 258.00 260.00N 256.00 258.00N291 words
-
Article80 1988-07-09 5 (cents/kg) I AUGUST 1988 SEPTEMBER 1988 {currant month) (forward month) RAS NOON NOON Buyers Sellers Buyer* Sellers SS» 20 229.00 231.OON 229.00 231.OON SS* 50 227.00 229.00N 227.00 229.00N MRELB Buy art Sdhn Buyers Sellers SM* cv 532.50 534.50N 534.50 536.50N SM* L 532.00 534.00N 534.00 580 words
-
Article156 1988-07-09 5 Reuter THE Kuala Lumpur Tin Market price resumed its rise yesterday, adding another two cents to close at M 518.56 a kg. The market noted renewed buying interest from Japan and Europe, helped by a higher European spot tin market. Sterling's firmness against the ringgit widened the KLTM'sReuter - 156 words
-
Article431 1988-07-09 5 Reuter Reuter MALAYS.AN CRUDE PALM OIL FUTURES closed limit-down yesterday on profit-taking and short selling after Thursday's sharp gams, as operators liquidated positions ahead of the weekend and in sympathy with a weaker close in the overnight Chicago soyoil complex, dealers said. Trading activity was reduced as buyersReuter - 431 words
-
Article106 1988-07-09 5 CRUDE and most product prices maintained their bullish run although the general feeling was that a soft trend would soon set in again. Buyers and sellers were at a standoff with indications far apart Closing prices for crude (FOB origin) US$/borr»l Owng« TopH (My) 13.20 undi Minos106 words
-
Article308 1988-07-09 5 London Commodity Exchange Buy*r/S«ll«r closing prices on July 7 (£/tonn« unless specified). Previous doting prices in parenthesis. Coffee talis in-star* London, tellers option CIF London Jul 1053/1056 (1055/1056) High/Low 1065/1053 Sop 1076/1077 (1078/1080) High/Low 1090/1077 Satos (1962) Coco* M 968/970 (946/952) High/Low 977/958 S*P 981/982 (965/967) High/Low 987/966308 words
-
Article237 1988-07-09 5 Chinese Produce Exchange S*ll«rs* noon doting prices on July 8 (SS/100 kg) Coconut oil Bulk FOB 128.00 Old drum FOB 142.00 New drum FOB 138.00 Copra Mixed (loose) 72 tellers Pepper Muofofc white FOB NtW 967.50 Sarawak white FOB foq NIW 952.50 Sarawak special block FOB NIW 575.00237 words
-
Article115 1988-07-09 5 Reuter SOFT red winter (SRW) wheat futures closed down the 20-cents-a-bushel limit on the Chicago Board of Trade on Thursday in three of six contracts traded on the day. Prices settled off 15-1/2 to 20 cents a bushel with December off the 20-cent limit at US$3.9B-3/4 Values had earlierReuter - 115 words
-
Article346 1988-07-09 5 Reuter HONGKONG: Gold closed slightly lower yesterday in quiet and lacklustre trading, partly because the foreign exchange market was quiet, dealers said. They said there was profit-taking by European investors in the morning, but the sales were slowly absorbed by local and Japanese interests. Bullion ended at U*****.80/439.30Reuter - 346 words
-
Article138 1988-07-09 5 Reuter SOYBEAN FUTURES closed offered down the 30 cent a bushel limit in all but the limitless spot July and November, 1989. contracts on the Chicago Board of Trade on Thursday. November settled 30 cents lower at U559.52-1/2. CBT soymeal futures ended down the US$lO a ton limit inReuter - 138 words
-
-
PERSPECTIVE
-
Article538 1988-07-09 6 IT IS NOT DIFFICULT to picture Sun Tzu in a boardroom. He instinctively would take in the spaj ciousness, the quiet efficiency, the power that is so real that to make a point of it is to demean it, the sense of things that can be538 words
-
Article, Illustration1209 1988-07-09 6 Forbes survey of the world's wealthiest people AP YOSHIAKI TSUTSUMI, the head of Japan's Seibu Railway Group, is the world's richest person for the second straight year, Forbes «magazine said on Thursday. Mr Tsutsumi, 54. has a personal net worth of atAP - 1,209 words
-
Article296 1988-07-09 6 D W Distant - Letters te the Editor D W Distant Dear Sir, Lisa Lee has not done justice to Ayers Rock in her "Top End Down Under" article (BT 2.7.88). She did not make it clear that visitors to Ayers Rock at dawn go there to climb it296 words
-
Article105 1988-07-09 6 R Mortis - R Mortis Dear Sir, The proposed car-ferry from Changi to Johor would soon get stuck if it went north of Tekong Kechil and Tekong Besar to land at Tanjung Belungkor. It is far too shallow that way at any tide. The landing point in Johor105 words
-
Article, Illustration201 1988-07-09 6 P L Koh - P L Koh' Dear Sir, The Straits Steamship Group will have reached the ripe old ag« of 10J) years in about two years time. By then, the propoeed 29-storey Ocean Towers t$ be built next ta the Ocean Building would have beet) completed. < The Steamship's board201 words
-
-
Page 6 Miscellaneous
-
Miscellaneous762 1988-07-09 6 CRYPTIC PUZZLE ACROSS 8 Do as the others do and cheat at class (7) 9 What one sees on an inn sign? (5, 4) 13 Turn the girl round to waken her (5) 14 Make fun of, when in the stand (5) 15 Plan, having left back, to drift off762 words
-
Miscellaneous30 1988-07-09 6 BriStc^FianlcDicte^ This »S THe LlFe 6RiSTOU^ skies rnd CX?f\SS PITY ftBOUT thp UJ'ND,TVtouGH- U)*ND CAN'T SAY U'D NOTiC£D then &G,r\ SPORT —RUN OW To THf\T e*JSH RND bring my HP»T30 words
-
-
Executive Lifestyle
-
Article357 1988-07-09 7 THIS NEWSPAPER travels far and wide, a lot farther than many of us would imagine. A latter addraaaed to the Financial Editor landed at thia office this week from, not quite Timbuktu but near enough Sudan. The writer, Mr Kinfe W/Gsbraal t ia an Ethiopian refugee357 words
-
Article, Illustration1152 1988-07-09 7 LINDA CHEE - By LINDA CHEE IT HAD TO HAPPEN. Ex-Carrier man John Kirkham just couldn't lot hi* 60-foot water beauty stay idla whan she wasn't in usa. Thara was a tampting cruiaa market out thara, and thara ware1,152 words
-
Article, Illustration690 1988-07-09 7 ANDREW RAJKUMAR - Minis a man's best pants 1 Wlui ANDREW RAJKUMAR WOMEN these days apparently have very good legs. Never before have men been treated to such a generous display of arguably their most precious possession (although Samantha Fox might dispute this.) Gone are the days when a girl was publicly branded690 words
-
Executive Lifestyle: Entertainment & the Arts
-
Article, Illustration839 1988-07-09 9 RICHARD SEAH - Homeopathy illogical but effective HEALTH By RICHARD SEAH A PRESTIGIOUS scientific journal. Nature, last week published a research report that its editors did not believe. It was a classic case of "strange but true". A group of French, Italian. Israeli and Canadian researchers found that a reaction could occur between839 words
-
626 1988-07-09 9 N K YONG - By N K YONG I HAVE JUST DRUNK a 1966 Cha-teauneuf-du-Pape, Les Cedres by Jaboulet Aine. from a half-bottle. Ah! What a glorious wine it was. It reminded me that this was a wine I just had to write about before the memory of its lovely,626 words
-
Article, Illustration750 1988-07-09 9 THE FOOD TEAM - By THE FOOD TEAM BY ALL MEANS ask the pianist at Shangri-La's Latour restaurant to play the Beach Boys' Surf in' USA if you need something to get you into the mood for its California Cuisine month, but chances are, it's going to sound funny750 words
-
-
Executive Lifestyle: Entertainment & Pursuits
-
Article, Illustration624 1988-07-09 10 Roger Loh - I love them Yeah! Yeah! Yeah! Roger Loh THERE WAS A TIME when I thought the Beatles could do no wrong. I carelessly worshipped them every note, every twang, every "yeah". n my less inspired moments, I still overlook the flaws. But this kind of adulation can be attributed to624 words
-
-
Executive Lifestyle: Entertainment, the Arts & Pursuits
-
654 1988-07-09 11 JAIME LYE - CINEMA By JAIME LYE TAKE A LOOK at the cinema advertisements today. Barring the reviews you've already read, ask yourself: What is it about the ads that make you go and see a movie like Mother vs Mother, as opposed to a movie like Return654 words
-
Article, Illustration571 1988-07-09 11 MONICA GWEE - We wanna go to Montreux, so everybody give yeah! MUSIC By MONICA GWEE FIRST OF ALL, we arrived with not enough cash for the $70-a--head tickets. And then, it soon became apparent the dress code was "Formal", but this being Singapore, many trendy T-shirts and denims got away with it.571 words
-
Article608 1988-07-09 11 Sakina Dhilawala - Compiled by Sakina Dhilawala CINEMA: Cold Steel starring Brad Davis and Sharon Stone. Showing at Cathay: 11; 1.30; 4; 6.30; 9.15. Fatal Attraction starring Michael Douglas, Glenn Close and Anne Archer. Showing at Jade 2: 11; 1.30; 4; 6.30; 9. Crocodile Dundee It starring Paul Hogan and Linda Kozlowski.608 words
-
Article, Illustration672 1988-07-09 11 WALTON MORAIS - FILM FESTIVAL By WALTON MORAIS THE REVIVAL in the British film industry means that Singaporeans will have two weeks of movie viewing instead of one for this year's British Film Festival. An anticipated crush of movie buffs and a healthy supply of good recent movies has672 words
-
Article, Illustration644 1988-07-09 11 CHARLES SAVAGE - CLUBS By CHARLES SAVAGE THESE DAYS, whistle-stop package tours aren't the norm anymore. People are looking for that something extra, a holiday spiced with adventure, rather than a tour guide at every stop. Mr Chin Weng Koon, all of 69 years old and a644 words
-
Article, Illustration342 1988-07-09 11 JAFRI MOHAMED - FASHION By JAFRI MOHAMED CANADIAN jewellery designer Martha Sturdy calls her jewellery "wearable sculpture". At a somewhat remarkable showing of designs at the Mandarin Hotel's Stables Restaurant, Sturdy brought out creations featured in international style publications such as Bazaar, Vogue and Elle. The Canadian designer's342 words
-
-
Executive Lifestyle: Sports
-
Article436 1988-07-09 12 WALTON MORAIS - GOLF By WALTON MORAIS SINGAPORE'S Dunhill Cup representative, Bill Fung, went three-under-par yesterday but Burma's Kyi Hla Han surged to a onestroke lead in the US$l5O,OOO Fairway Malaysian Masters at the Royal Selangor Golf Course. Bill, who opened with a one-over-par 73 on Thursday,436 words
-
299 1988-07-09 12 Reuter AMERICAN Fred Couples broke clear of a four-way tie with two late birdies to lead after the second round of the Scottish Open Golf Championship in Gleneagles on Thursday. Couples' three-under-par round of 68 gave him a halfway totalReuter - 299 words
-
Article, Illustration454 1988-07-09 12 BOXING AP BECOMING the governor of Texas is Don Curry's dream. But the most immediate goat for the 26-year-old boxer from Fort Worth is taking the World Boxing Council (WBC) junior middleweight crown, to exorcise the nightmare of two knockout defeats which erodedAP - 454 words
-
Article, Illustration478 1988-07-09 12 Mike Thumba - Bridge By Mike Thumba ON THE first day of the open team event during the Far East Games in Singapore recently, the Indonesian team "A" faced the Taiwanese "B" team in two slam games. They were defeated by the Taipei team. Let's look at the478 words
-
Article317 1988-07-09 12 CYCLING Reuter SEAN KELLY of Ireland was just about the only Tour de France favourite oozing confidence after Thursday's fifth stage in Lievin. "I'm really feeling great and since I won the Tour of Spain, I see myself as a potential champion in Paris," he told reportersReuter - 317 words
-
Article184 1988-07-09 12 ATHLETICS Reuter BRITON Steve Cram, a decisive winner over world 1,500-metre champion Abdi Bile in Oslo's dream mile last Saturday, was to take on the Somalian over 1,000 metres at yesterday's London Grand Prix athletics meeting. A leg injury interrupted Cram's training this week butReuter - 184 words
-
Article, Illustration406 1988-07-09 12 CHARLES SAVAGE - RALLY By CHARLES SAVAGE MISERLINESS may not win you many friends but tomorrow the most stingy fellows are going to slink away with the ninth Formula Shell Economy Rally. As in all rallys, the driving teams will be squeezing the most out of their406 words
-
Article, Illustration368 1988-07-09 12 TENNIS AP TOP SEEDS Mats Wilander and Andre Agassi rolled to easy victories but the next two seeds, Brad Gilbert and Guillermo Pe-rez-Roldan, were upset victims in the U*****,000 US Pro Tennis Championships on Thursday. Wilander and Agassi scored straight set victories during the evening programme afterAP - 368 words
-
272 1988-07-09 12 YACHTING Reuter AN ATTEMPT at spying on the America s Cup defenders nearly ended in disaster when a US tender stopped just short of smashing into a New Zealand speedboat. Officials for both sides acknowledged the incident, which took placeReuter - 272 words
-
Article, Illustration765 1988-07-09 12 JEROME FANDOR - on TR/O With JEROME FANDOR MALCOLM THWAITES has led the trainers through the first half of the year. He has trained 43 winners, including last week's Singapore Gold Cup Winner Trend Defy and Rothman's International 100 Triple Crown Ist leg winner He's Dawan. To win765 words
-
-
Executive Lifestyle: Personal Investment
-
Article, Illustration564 1988-07-09 13 BULLION HAS THE GLAMOUR gone from gold? Analysts, whose business it is to have an opinion on the subject, reckon that in the short term, gold is heading for a downturn. However, in the long-term, they are hopeful for an upturn inSource: CSFB - 564 words
-
352 1988-07-09 13 CORRINA LIM - COMPETITIONS By CORRINA LIM THE STRONG RALLY in the local stock market last week helped broker Paul Morgan Associates to maintain the top position in the Great Investment Race. But the team's portfolio gained only one percentage point to 37.1 per cent352 words
-
630 1988-07-09 13 RC - BEannERS^ AL TERN A TIVE INVESTMENTS -by RC OUR LEAD article in Personal Investment last week discussed inflation, and why it is likely to start rearing its ugly head again soon. It was suggested that in an inflationary environment, the stock630 words
-
Article, Illustration287 1988-07-09 13 RC - tpfinw -by RC OVER THE LAST two weekends, this columnist had cautioned that the local market was due for a technical correction, but was being stubbornly held up by the new bull converts. Unfortunately, after enough of these doubting Thomases had entered the fray, the marketSource: Investamatic - 287 words
-
Article, Illustration830 1988-07-09 13 WALL STREET WALL STREET, the source of all the stock market woes last October, has recovered rather well during the past nine months. At the start of 1988, the Dow Jones Industrial Average had already bounced back 200 points from its low of 1.738.73.830 words
-
-
-
Page 7 Advertisements
-
Advertisement137 1988-07-09 7 Since 1735 there has never been A QUARTZ BLANCPAIN WATCH. "AND THERE NEVER WILL BE a f)'k V) r v < y X 'V >• w *>V-' ■?-SWZ £}f i". ».^:cs-v. f '-1 i f-, 3 &K X &*>r:• 81 9Wga»» *> a x-g&K 1 V >' f= mm i137 words
-
-
Page 8 Advertisements
-
Advertisement744 1988-07-09 8 COURyOISIERXO wn i f id r \i. cmni Pick a winner at Royal Holiday Innauthentic Hongkong dianxin When you've tried our fine selection of dianxin delicacies, you'll agree that it is among the best outside of Hongkong, its land of origin. Prepared with fresh, quality ingredients, you can't expect less744 words
-
Advertisement114 1988-07-09 8 July 4th, everyday The Belvedere's American buffet lurch is a month long celebration of July 4th stretching from July 1 31. With Prawns on ice, Smoked turkey breasts. Oyster Rockefeller, Roast US prime rib, Apple pie, California snowball and much, much more! Celebrate July 4th everyday for just S3l for114 words
-
-
Page 9 Advertisements
-
Advertisement409 1988-07-09 9 ENTERTAIN 4 ONE GOOD REASON TO LUNCH AT THE PALM GRILL IS OUR APPETISER BUFFET ANOTHER IS THE CHOICE OF MAIN COURSES. w* For between $26+ and $40+ S y° u 0311 select from our appetiser vjKILL buffet including seafood, smoked salmon and oysters. Choose from many lavish main courses.409 words
-
-
Page 10 Miscellaneous
-
Miscellaneous1627 1988-07-09 10 Solzhenitsyn, Strauss and Tootsie Movies ALTHOUGH RECOGNISED as a brilliant performer, Michael Dorsey (played by Dustin Hoffman) has also acquired the reputation for being difficult. A bizarre turn of events one day leads him to don a wig and a dress and apply for a job on a daily soap1,627 words
-
Miscellaneous1221 1988-07-09 10 :/'i mi Saturday «BBC •8.9 mHz In VHF Band II BBC highlights 6AM World News, 6.09 The World Today 6.30 Financial News. 6.40 Reflections. §.45 Sports Roundup. 7.00 World News 7.09 Commentary. 7.15 From the Weeklies. 7.30 Multitrack 3 8.00 World News 8.09 News about Britain. 8.15 Radio Newsreel 8.301,221 words
-
-
Page 13 Advertisements
-
Advertisement28 1988-07-09 13 BT welcomes investment Ideas and viewpoints from brokers, bankers and other readers. Address all correspondence to: The Editor, Personal Investment, Business Times, 390 Kim Seng Road, S'pore 0923.28 words
-
Advertisement307 1988-07-09 13 The Stock Exchange of Singapore and Business Times will present a seminar entitled investment Opportunities in Asian Securities at the Westin Stamford and Plaza Hotel, Raffles City, Singapore, on Friday, July 15th, 1988. PARTICIPANTS in this seminar will "hear expert views on the opportunities that currently exist in Asian stock307 words
-
-
STOCK EXCHANGE OF SINGAPORE
-
Article40 1988-07-09 14 Company RIGHTS ISSUE City D*v One-tor-five $1.50 per share Ex-date-. Jul 4 Books close: Jul 14 Company BONUS ISSUE Metro Hldgs One-tor-five Ex-date: Jul 8 Books close: Jul 20 Transmarco Oneforfour Ex-date: Jul 8 Books dose: Jul 2040 words
-
Article268 1988-07-09 14 Company RIGHTS ISSUE AMDB One-for-four $050 per shore C 1 Holdings 27 million loan stocks in the ratio of $3 loan stock for evyry five ordinary shares held C K Tang One-for-two $225 per share Each rights comes with two detachable TSts The exercise price for the TSRs.268 words
-
Article293 1988-07-09 14 Managers' prices Jo pan t»f funo 1 53 IS. for July 9 11 Stien'on Thrift fund 0 845 0845 Singapore Unit Trust UOB Management Urn fund 0 94 094 he Commerce 1 00 107 Unibond 1 005 103 The Sowings Fund 087 093 S pore Prog Fund S293 words
-
Article, Illustration778 1988-07-09 14 TRADING on the stock market was disrupted by computer problems yesterday as the new trading system went through its first day. In a day of thin trading, share prices recovered some of the previous day's losses Computer problems 20 minutes after the opening bell disrupted transactions778 words
-
Article5163 1988-07-09 14 1988 High Low Tel Code Company Last Sal* OTGr's Gr's Dlv Dhr YW Nat Vol Day C'vr P/E (*000) High Low Last Buysi Quots Sail* SECTION ONE INDUSTRIAL ft COMMERCIAL 1005 139 72 1000 990 218 150 121 460 176 350 125 167 132 284 59 3505,163 words
-
-
COMPANY NEWS
-
Article130 1988-07-09 15 Bernama MATSUSHITA Electric Co (M) Bhd reported a group pre-tax profit of M 514.04 million for the year ended March 31, 1988, compared with M 511.06 million for the 15 months ended March 31, 1987. This was despite a lower group turnover of M 5201.41 millionBernama - 130 words
-
216 1988-07-09 15 THE TAKEOVER of Tonhow Industries Ltd will give Bonvests Holdings Ltd a chance to invest in a well-run company which is expected to contribute a steady source of recurring income, according to Bonvests's circular making a formal offer for the remaining Tonhow shares. Bonvests,216 words
-
Article, Illustration518 1988-07-09 15 LISA LEE - Plan to buy new factory and reduce bank borrowings By LISA LEE NATIONAL KAP Ltd (NKL), the third company to go public through Sesdaq this year, has forecast a doubling in profits for this financial year. The manufacturer of electrolytic capacitors has518 words
-
Article723 1988-07-09 15 MBT ANTAH HOLDINGS plans to expand further its services and manufacturing activities as part of the diversified group's future growth strategy. Disclosing this, chairman Tunku Naquiyuddin ibni Tuanku Ja'afar said one promising area in the service business which the group is seriously considering is the leisureMBT - 723 words
-
228 1988-07-09 15 APOLLO HOTEL is spending $3.6 million to spruce up its image and to make it more attractive for travellers from Europe, Australia and the United States. Mr Alex Kuenzli, general manager of the 333-room Apollo Hotel in Havelock Road, told a press conference yesterday,228 words
-
Article763 1988-07-09 15 11 Ex dele Books Date peyebte Total tor tfte year Totol lor lest year Alex Hldgs 6%«bl Aug 30 Sep 9 Sep 26 6% 4% Ayer Molek 10% cw Jun 29 Jul 13 Aug 5 20% 20% B Sembowortg 15% lot Jul 19 Jul X Aug 12 35%763 words
-
Article119 1988-07-09 15 LAST FULL YEAR Company Period Date Yoor Not EPS (canfft) Orom dK Not profit kM» yoor ($•0001 Samando Hldg* Interim Apr 30 Sep 86 2-5 2.736 Perth Plant Interim May 7 Sep 88 289 220 39,823 Rahman Hyd Interim May 15 Sep 88 87 150 2.449 tnf Wood119 words
-
Article212 1988-07-09 15 LAST FULL YEA* Company Period Date Year Net EPS Oram Net announced ending (cento) dfc profit knt year ($"000) Minebea Interim Jul 21 Sep 87 16 9 230 2.907(g) Duta Com Final Aug 28 Dec 86 4.8461 Fed Cobles Final Sep 12 Jun 87 6.1751 (i) kit Wood212 words
-
COMPANY BRIEFS
-
Article66 1988-07-09 15 BERJAYA Corp has announced that its cash offer for the balance of shares in South Pacific Textiles Industries (SPTI) Bhd not already owned by Berjaya has become unconditional as to the level of acceptances To date, the company has received acceptances of 36.61 pc or the66 words
-
Article39 1988-07-09 15 THE OVERSEAS-Chinese Banking Corporation has announced that it has sold 692.000 shares in Singapura Building Society for a total consideration of $1,107,200. leaving the company with 2.879.996 shares or an 11 28pc holding in the company.39 words
-
-
-
Page 15 Advertisements
-
Advertisement148 1988-07-09 15 A well diversified group requires following for offshore operations: 1) Two numbers flat top steel barges with a dimensional range of 180' x 50' x 12' in good condition or shallow water pipelay barge capable of laying in 8 to 10 m of water depths. 2) One number anchor handling/148 words
-
-
REGIONAL MARKETS
-
Article251 1988-07-09 16 Two-judge panel accepts petition AP A TWO-JUDGE PANEL of the Madhya Pradesh state High Court has accepted a petition accusing the Union Carbide Corp of contempt of court, according to the Press Trust of India news agency yesterday. The petition is the latest legal entanglement forAP - 251 words
-
Article4113 1988-07-09 16 AFTER TWO sessions of heavy selling, share prices on the Kuala Lumpur stock market recovered yesterday to close higher across the board on bargain-hunt-ing and short-covering. But a late bout of profit-taking took prices off the day's high. A dealer noted that blue chips held well4,113 words
-
Article81 1988-07-09 16 UPI FUJI PHOTO Film Co, Japan's top manufacturer of photo-sensitive materials, is to build a pre-sensitised offset plate manufacturing factory in Greenwood. South Carolina, next year. The Tokyo-based company said yesterday that the 8 billion yen (US$62 million) facility will be its first overseas ventureUPI - 81 words
-
Article1499 1988-07-09 16 Hongkong HONGKONG STOCK prices closed marginally lower yesterday on light institutional selling, broi kers said. The Hang Seng Index lost 6.73 points to 2.752.90 and the Hong Kong Index shed 5.01 to 1.819 60. Turnover totalled HK$l.2 billion against HK$l.35 bil- lion on Thursday, i "There is1,499 words
-
Article131 1988-07-09 16 JULY M WON +1Cheil Sugar ***** unch Oaelim Ind Daewoo Corp ***** 1900 Daewoo Heavy ***** -2000 Datshtn Securities ***** -200 Dong Ah Phar ***** -100 Dong Suh Stock ***** •100 Dongbu Stee ***** -400 Gold Star ***** 200 Hantl Bank ***** -100 Hanil Cement ***** 250 Hanfcuk Glass131 words
-
Article459 1988-07-09 16 Reuter TOKYO SHARE prices closed higher yesterday on broadly based buying as edginess about the recent volatility in the exchange markets waned somewhat. "There is still uncertainty concerning interest and exchange rates.' said a broker. "We can t think day by day because it could change in a week."Reuter - 459 words
-
Article435 1988-07-09 16 Reuter AUSTRALIAN SHARE prices closed higher for the sixth succeeeive session yesterday, pushed up by demand for quality indus trial snd mining Brokers said the highlight of the session was BHP, which rose sharply as institutions snapped up stock believed to have been off-loaded by Bell Resources. Other leadingReuter - 435 words
-
Article164 1988-07-09 16 Reuter THE SECURITIES Exchange of Thailand Index rose 1.33 points to 456.96 yesterday on a turnover of 8,158,966 shares worth 954.77 million baht. JULY M BAKT Ao Kham Thai 396 unch Ayudhya Investment 442 8 Bangkok Agro-lnd 131 -2 Bangkok Bank 335 Bank Of Ayudhya 376 10 Charoong ThaiReuter - 164 words
-
Article289 1988-07-09 16 JULY M KT S All Sincere Indus 6 15 -015 Asia Cement 94 00 -1.5 Cathay Cons 106 00 •3 Chang Hwa Bank 545 00 -16 Cheng Loong 46 50 -08 Chia Hsin Cement 64 50 -1.5 Chin Hsin Flour 25 90 -0.5 China Chem 50.50 -1.5 China Dev289 words
-
Article75 1988-07-09 16 Reuter SANYO ELECTRIC Co Ltd sees higher parent net profit of 16.00 billion yen in the year ending Nov 30. 1988. compared with 14.13 billion in 1986/87. The company said yesterday that it expects 28.00 billion yen current profit in 1987/88 compared with 16.06 billion aReuter - 75 words
-
-
Page 16 Advertisements
-
Advertisement358 1988-07-09 16 NOTICES THE COMPANIES ACT CHAPTER 50 SECTION 290 (2Mb) ANDROMEDA SHIPPING PTE LTD (In Members' Voluntary Liquidation) At an Extraordinary General Meeting of ANDROMEDA SHIPPING PTE LTD held on the Ist day of July 1988, the following resolutions were duly passed: RESOLVED THAT: 1) SPECIAL RESOLUTION The Company be wound358 words
-
Advertisement361 1988-07-09 16 THE COMPANIES ACT CHAPTER 50 SECTION 290 (2Mb) ARIEL SHIPPING PTE LTD (In Members' Voluntary Liquidation) At an Extraordinary General Meeting of ARIEL SHIPPING PTE LTD held on the Ist day of July 1988, the following resolutions were duly passed: RESOLVED THAT: 11 SPECIAL RESOLUTION The Company be wound up361 words
-
Advertisement361 1988-07-09 16 THE COMPANIES ACT CHAPTER 50 SECTION 290 (2Mb) AR A SHIPPING PTE LTD (In Members' Voluntary Liquidation) At an Extraordinary General Meeting of ARA SHIPPING PTE LTD held on the Ist day of July 1988, the following resolutions were duly passed: RESOLVED THAT: 1) SPECIAL RESOLUTION The Company be wound361 words
-
-
WORLD MARKETS
-
Article956 1988-07-09 17 New York Reuter WALL STREET stocks closed marginally lower on Thursday, ending a session of wide swings in blue chips, exacerbated by flurries of program buying and selling. Stocks attempted to recover in the afternoon, aided by firming bond prices and a strengthening dollar, traders said.Reuter - 956 words
-
Article1026 1988-07-09 17 London Reuter THURSDAY'S decline prompted light short-covering on the London market early yesterday, with the majority of leading issues higher. But in line with the recent trend, special situation stocks showed the biggest gains, dealers said. They noted a more relaxed attitude to the recent rise inReuter - 1,026 words
-
Article1207 1988-07-09 17 Selected indices HONGKONG Hongkong Index Friday 1,819 40 Thursday 1.824.61 Week ago 1.776 42 Hang Seng Index Fridoy 2.***** Thursday 2.759 63 Week ogo 2.684 64 All Industrial] Friday Thursday Week ago NEW YORK Dow Jones Thursday Wednesday Week ogo I 2.5630 2.544 1 2 488 7 2.122 69 2.1X161,207 words
-
Article73 1988-07-09 17 Reuter SHARES in French luxury goods firm LVMH Louis Vuitton Moet Hennessy and holding company Financiere Agache have been suspended pending a statement. The French Stock Exchanges Association said yesterday that this followed a surge of more than 6 per cent in the price ofReuter - 73 words
-
164 1988-07-09 17 FT THE VOTING RIGHTS of US shareholders were strengthened on Thursday by the Securities and Exchange Commission's approval of a new rule banning dual classes of stocks. Stock exchanges and over-the-counter markets will be prohibited from listing or quoting a company's securitiesFT - 164 words
-
466 1988-07-09 17 Bid to avert another crash AP THE TWO largest US financial markets took a joint step on Thursday towards averting another stock crash, proposing reforms that include special attention to small investors and coordinated trading halts when the Dow Jones Industrial Average fallsAP - 466 words
-
291 1988-07-09 17 Automated Pit Trading trial at least until 1990 Reuter THE AUTOMATED trading system being developed by the London International Financial Futures Exchange (Liffe) should be used initially for trading one or more contracts outside current or conventional pit trading hours, the exchange says in a rights issue prospectus. In aReuter - 291 words
-
Article240 1988-07-09 17 Reuter THE NORTH SEA oil rig disaster is a major setback for its operator, Occidental Petroleum Corp, because it will shut off an important source of crude oil. "Occidental lost 15 per cent of its oil production," said analyst Richard Pzena of Sanford BernsteinReuter - 240 words
-
258 1988-07-09 17 Reuter AN ALBERTA JUDGE said he will rule next week on whether the Canadian unit of Amoco Corp AN can proceed with its C 55.5 billion takeover for Dome Petroleum Ltd. Final arguments at a hearing held to determine theReuter - 258 words
-
126 1988-07-09 17 Reuter A US federal judge has rejected a government plan that would have allowed the Internal Revenue Service to share in about US$l5 million recovered from an insider trading settlement. Instead, Judge Richard Owen ruled on Thursday that wronged investors who traded in stocksReuter - 126 words
-
258 1988-07-09 17 Reuter AMERICAN MONITOR Corp said it has again amended its bankruptcy reorganisation plan, reducing the amount of cash to be paid to holders of unsecured debt and cutting the portion of the reorganised company to be owned by present shareholders to about 18 per centReuter - 258 words
-
183 1988-07-09 17 UPI A NEW YORK State Supreme Court judge, ruling in favour of hostile suitor Bank of New York Co, has struck down Irving Bank Corp's takeover defence. State Supreme Court Justice Herman Cahn ruled on Wednesday in favour ofUPI - 183 words
-
104 1988-07-09 17 Reuter SWEDEN would consider abolishing its stock exchange turnover tax for foreign investors if it is found to drive business away from the Stockholm exchange, Finance Minister Kjell-Olof Feldt said on Thursday. "If it is true that a growing volume of trade isReuter - 104 words
-
-
Page 17 Advertisements
-
Advertisement202 1988-07-09 17 Our client, a newly established S'pore/China joint venture Co. in China wishes to m«kp contact with businessmen (local/foreign) and Companies for CHINA BUSINESS OPPORTUNITIES All are welcome. We are especially interested to hear from those engaged in all kinds of light industrial goods and services sectors, high-tech business and departmental202 words
-
-
442 1988-07-09 18 LOH HUI YIN - Collective voice will give greater leverage in discussions with OECD By LOH HUI YIN In Clm]u LEADERS of South Korea and Taiwan are thinking about a dialogue between the four Asian newly industrialising countries and the Organisation for Economic Cooperation and Development. South442 words
-
Article, Illustration523 1988-07-09 18 FORMER PRESIDENT Devan Nair accused Prime Minister Lee Kuan Yew of "acute political dementia" in an open letter yesterday, and described his own bizarre and sexually compromising behaviour in 1985 as a "clearly transient condition". Mr Nair, in the 15-page letter from London to523 words
-
426 1988-07-09 18 OF THE FOUR newly-industrialis-ing countries in Asia, South Korea is the best placed to become the next Japan if the global trade system remains favourable to sustain its growth, said Prime Minister Lee Kuan Yew. In his assessment. South Korea in about426 words
-
300 1988-07-09 18 DAVID CHEW - By DAVID CHEW In Bangkok ASEAN and the EC have identified 70 industries in the Asean region which have the potential of being developed into joint ventures under the Asean Industrial Joint Ventures programme. These industries range from machinery and electronics to food processing. They300 words
-
449 1988-07-09 18 TWENTY Singapore businessmen will meet their Asean counterparts in Kuala Lumpur from July 18 to discuss ways to exploit a more liberalised intra-Asean trade and investment climate. The Asean Chambers of Commerce and Industry (Asean-CCI) has set for itself three major449 words
-
Article215 1988-07-09 18 UPI US PENTAGON experts say an F-14 fighter may have been flying behind the belly of the Iran Air plane shot down by a US Navy ship last Sunday, but computer experts say they suspect gaps in the vessel s warning system led to the disaster.UPI - 215 words
-
71 1988-07-09 18 THE SINGAPORE government said yesterday that the shooting down of an Iranian airliner by American forces in the Gulf last Sunday underscored the urgent need to resolve the conflict in the area. In a statement released yesterday, the government said it deeply regretted71 words
-
508 1988-07-09 18 AP Bernama THE MALAYSIAN High Court has rejected a request by suspended Lord President Tun Salleh Abas to stop an international tribunal investigating his alleged misconduct from proceeding with its work, but has granted him leave to appeal to the Supreme Court.AP; Bernama - 508 words
-
141 1988-07-09 18 SINGAPORE and the US have agreed to set aside their differences to build on the strong tradition of friendship which both countries have enjoyed. Foreign Minister S Ohanabalan. who met US Secretary of State George Shultz in a 15-min-ute pre-lunch discussion, has agreed141 words
-
LATE FILE
-
Article47 1988-07-09 18 Bernama UMNO Baru, whose membership currently stands at nearly 60 per cent of its previous strength, needs only 30,010 members more in order to take over the assets of the old Umno from the public assignee, party vice-president Anwar Ibrahim said yesterday. BernamaBernama - 47 words
-
Article54 1988-07-09 18 AP DEPUTY PREMIER Ghafar Baba yesterday rejected allegations that Malaysian politicians had violated the independence of the judiciary. He said that the tribunal investigating charges against suspended Lord President Tun Salleh Abas should not be used as an example to claim politicians had violated the independenceAP - 54 words
-
Article28 1988-07-09 18 JAPAN'S main opposition parties yesterday threatened to boycott parliamentary discussions on tax reform unless a share scandal involving senior government politicians was cleared up.28 words
-
Article50 1988-07-09 18 Reuter A LEADING New Zealand newspaper was shut yesterday in a media ownership reshuffle after less than a year of publication. The Auckland Sun was closed abruptly and its evening sister-paper the Auckland Star was sold to the country's biggest newspaper group. Independent Newspapers Ltd. ReuterReuter - 50 words
-
Article31 1988-07-09 18 Reuter BRITAIN is about to sign an arms deal with Saudi Arabia worth tens of billions of dollars. the Washington Post said yesterday. ReuterReuter - 31 words
-
-
88 1988-07-09 18 AFP LEADERS of the banned Solidarity trade union say they will attempt to enlist the support of Mr Mikhail Gorbachev for more democracy in Poland when the Soviet leader begins a four-day visit in Warsaw on Monday. Solidarity apparently hopes that Mr Gorbachev will heed theirAFP - 88 words
-
Page 18 Advertisements
-
Advertisement40 1988-07-09 18 When the business is done, have a good sleep on us. our »**lad to com# and le on our —lert>od» for toJOhovs a ov pnwrte rooms exl e*penence around the world are beginning to experience the ultimate In waterbed comfort40 words
-
Advertisement161 1988-07-09 18 V" •v--tii <3 SH- -V' ;i"V33 ••<**< > i V,,-/ Kffif Kwt f* ;>• mWr-l&r Mmt 5? -*M :,'v. >■ < if* r "V! 1 It '«■>- I I ir x* Burbpr Authorised Dealers: Li^~^ y^°CK ORCHARD CLASSIQUE METRO GRAND LUCKY PLAZA ROBINSONS SOGO ,r ii *F J BENJAMIN CHANG!161 words
-