The Business Times, 10 March 1990
1990-03-10
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The Business Times
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Title Section10 1990-03-10 1 Business Times MCI (P) 170/12/89 Weekend March 10-11 1990 75*10 words
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NEWS & MARKETS SUMMARY
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Article24 1990-03-10 1 US share prices followed bonds lower, slipping slightly in early trading yesterday. A downturn in the dollar also encouraged the sellofF.24 words
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Article50 1990-03-10 1 UK shares opened strongly yesterday as the market received strength from a spirited 0.90 per cent jump on Tokyo's Nikkei index and a 27 point gain on Wall Street. At 0902 GMT, the FTSE index was up 12.3 points at 2,262.3, on a volume of 93.6 million shares.50 words
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Article29 1990-03-10 1 THE Public Utilities Board has called for tenders for what may well be the last major fuel oil supply contract for the Senoko power station Page 229 words
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Article56 1990-03-10 1 ADVERTISING agencies are expected to pay close attention to TNT Skypak's television advertisement campaign in Singapore, starting next week. At stake is a sizeable chunk TNT Skypak's advertising budget in other parts of the world which is expected to be channelled to acquiring air time,56 words
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Article29 1990-03-10 1 ECONOMIC policymakers argued on Thursday over the best way to manage a world economy with a plunging Japanese yen and soaring West German interest rates. Page 429 words
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Article37 1990-03-10 1 THE chairman of the US Commodity Futures Trading Commission has urged the futures industry in America to become more vocal in supporting the agency's fight to retain jurisdiction over stock index futures Page 1037 words
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Article36 1990-03-10 1 ANTI-GOVERNMENT violence in South Africa's Bophuthatswana is likely to buffet the platinum market in a country which has 30 per cent of the world's platinum deposits, an analyst said in Johannesburg Page 1136 words
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Article, Illustration29 1990-03-10 1 Friday Change BT-MGA 791.09 +4.27 Kuala Lumpur ..3072.43 -1.08 Hongkong 2912.67 -3.06 Tokyo *****.12 +302.23 Sydney 1579.2 +8.7 Thursday Change New York 2696.17 +26.58 London 2250.00 19.7029 words
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Article19 1990-03-10 1 Exchange rates US$ S$t.8745 Yen SJI.2406 MS SS0.6928 Money market rates Overnight 6 1/4 3-montn 6 1/4% +1/819 words
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Article35 1990-03-10 1 London Gold AM fix US$399.70 -US$1.70 Rubber S'pore Apr l59.25'/kg -1.50 M'sia Apr M2l3.50*/kg -0.5 KL Tin Turnover 47 tonnes unch Spot M$l6.73/kg -0.9 Crudo palm oil Turnover 531 lots -162 Mar M$699/tonnc -I35 words
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371 1990-03-10 1 Shoeb Kagda - By Shoeb Kagda SEMBAWANG Holdings and Jurong Shipyard are tying up with four Soviet firms to build and manage two floating hotels at a cost of about US$7O million. The two hotels are expected to be built in Singapore and then towed371 words
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319 1990-03-10 1 John Tan - By John Tan IN THE wake of the political reforms sweeping across Eastern Europe, the bloc's airlines are stepping up their services in anticipation of higher demand for travel. Singapore, being a major aviation hub, is a major attraction when these airlines spread319 words
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Article232 1990-03-10 1 AFTER almost a year's delay, one of Singapore's popular eating places, the "Old Market" in the central business district, may be bustling with food operators again. Tender results for a sole tenant to manage the Telok Ayer Market should be out soon, sources in the232 words
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Article241 1990-03-10 1 Reuter MALAYSIA will impose an export levy of Ms6o to Msl2o per cubic metre on 20 types of sawn timber and veneer to boost local industry, Primary Industries Minister Lim Keng Yaik said. He said nine of the 20 types of sawn timber would also beReuter - 241 words
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Article, Illustration13 1990-03-10 1 Telok Ayer Market: STPB finalising negotiations with the successful tenderer.13 words
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370 1990-03-10 1 STOCKBROKING firm Kay Hian James Capel (KHJC) has instructed its dealers and remisiers to stop selling shares to Malaysian brokers amidst mounting concern over the worsening state of the Malaysian securities industry. The decision was conveyed to its staff yesterday in370 words
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Article130 1990-03-10 1 AFP THAILAND'S Counter Corruption Commission (CCC) has accepted a complaint by an opposition politician that Finance Minister Pramuan Sapavasu's sources of wealth should be investigated. The state-owned Thai News Agency yesterday quoted CCC public relations sub- committee chairman Preecha Suwanatas as saying that the majority ofAFP - 130 words
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Page 1 Advertisements
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Advertisement442 1990-03-10 1 Nikon Ttw Wtorid't FtnMt Photographic System. COVER OPINIONS ART 1 REVIEWS JOBS FINANCE < V J i r.nrri The' Don't quote From a Aeonv of Let employees say:'l QAF deserves to be WH*~T UCC me' dilemma. collector's EviS did Hmy eL 8 rc rated EL 9 W*" Gucci EL 2442 words
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Advertisement12 1990-03-10 1 Nikon TlwWbrtd'tFlnMl WWofwphic Syelem. Missing scrips in KL shake confidence, Pg 312 words
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HOME NEWS
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NEWS ROUNDUP
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157 1990-03-10 2 SINGAPORE'S supporting industries have made impressive gains over the years since the government began developing these industries in the late 1960s to boost manufacturing operations. Last year, the 600-odd local and foreign companies involved in such activities as manufacturing tools and die, metal stamping, plastics157 words
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Article173 1990-03-10 2 IN RECOGNITION of the role musicians play in a contemporary society, a Zubir Said Music Scholarship is to be set up. To be administered by the Singapore Cultural Foundation, the scholarship is meant for musicians in a non-classical field such as jazz and pop. Announcing the award173 words
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Article92 1990-03-10 2 Mr ALAN CHOE has been reappointed chairman of the Sentosa Corporation Board for a further period of two years. The Minister for Trade and Industry, Brigadier General (Res) Lee Hsien Loong, also appointed Mr Pek Hock Thiam to be a member of the corporation for a period92 words
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Article67 1990-03-10 2 THE HEAD of Central Japan's International Friendship Exchange Committee, Mr Tanida Toshigaka, yesterday paid a courtesy call on Mr Mah Bow Tan, Minister of State for Trade and Industry. Here with a 30-member delegation, Mr Toshigaka aims to promote ties between Singapore and Central Japan. The67 words
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Article, Illustration375 1990-03-10 2 Lilian Ang - By Lilian Ang THE Public Utilities Board (PUB) has called for bids for what may well be the last major fuel oil supply contract for the Senoko power station. In two years, piped natural gas from Malaysia will partially replace fuel oil as375 words
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Article, Illustration326 1990-03-10 2 Walton Morais - By Walton Morais SINGAPORE companies are being wooed as joint-venture partners by a Myanmar corporation set up as part of economic reforms to boost privatisation. The Joint Venture Corporation No. (6) Ltd, a 50-50 fisheries tie-up between the Myanmar government and its private sector, is keen326 words
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307 1990-03-10 2 Jayaram Menon - By J Jayaram Menon ADVERTISING agcncies are expected to pay close attention to TNT Skypak's television advertisement campaign in Singapore, starting next week. It is believed to be the first time the courier subsidiary of the Australian-based transportation giant TNT is returning to307 words
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207 1990-03-10 2 UNITED ENGINEERS Ltd (UEL) has embarked on a major recruitment drive to enable it to go full steam ahead with its proposed redevelopment of two of its sites in Jurong and River Valley Road. In a full page advertisement in the Straits Times today,207 words
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SHIPS IN PORT
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Article1960 1990-03-10 2 AT CONVENTIONAL WHARVES tX"' SI 232 SSSS Indoh Joyo *****0 MIC alongs.de 0900/ 2300 Vataal Voy No BerthArrival Departure u»o<i 268 m«a oiongs.de 0f03/ ?x» Oo'io Joyo 9 001 M2B 1000/ 0900 1003/ 7300 Hong Soo« 2 3/90 M2A 1003; 0600 1003/ 2000 Hop# full 03,90 M3A 1003 07001,960 words
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Article209 1990-03-10 2 Port Kelang South Port Harukaze berth 1; Duches berth 2; Bum Han berth 3; Sri Nam Hua 4 berth 4; Maersk Farco berth 8; Malaysia Glory berth 9; Asia Star berth 9 North Port Fu Ping berth 11; Taolin berth 12; Momoshima Maru berth 19; Yu Qing berth 19;209 words
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Page 2 Advertisements
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Advertisement20 1990-03-10 2 Please note thet delivery of containers from blocks H6 and E7 Is restricted between 1500 and 2100 hours on 10.03.9020 words
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COMPANY NEWS
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Article, Illustration546 1990-03-10 3 Other indices Close Previous Net change BT Composite 1379.71 1373.14 +6.57 BT-MGA 791.09 786.82 +4.27 ST Industrials 1386.18 1575.98 +10.20 BT OB/OS -24 -153 +129 BT CADI -5331 -5328 -3 BT 10-day MA -5334 -5332 -2 BTOBV +*****42 +*****48 -***** ST Financc 2651.54 2644.93 +6.61 ST Hotels 1238.74546 words
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800 1990-03-10 3 Reuter CONFIDENCE IN the Kuala Lumpur Stock Exchange (KLSE), which rallied strongly in the past two months, has taken a knock as the exchange struggles to overcome the problem of missing share scrips. Analysts said the problem has forced many investors to the sidelines.Reuter - 800 words
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607 1990-03-10 3 Conrad Raj - By Conrad Raj ONE OF America's most widely read papers, USA Today has named DBS Bank as one of the 10 best stocks in the world to buy. A report in last Saturday's issue of the daily put DBS607 words
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189 1990-03-10 3 SHAREHOLDERS of DBS Land will get a rcnounccable offer of warrants attached to a $300-million bond issue at 53 cents each, on the basis of one warrant for every four shares. DBS Land's bond issue is part of a financing package for its189 words
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484 1990-03-10 3 MARKET TALK Reuter SINGAPORE'S second stock market should be allowed, like wine, to develop and mature at its own pace, brokers said. The Singapore Dealing and Automated Quotation System (Scsdaq) was launched three years ago, but only 14 companies have been listedReuter - 484 words
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Article322 1990-03-10 3 Bernama MALAYAN UNITED Industries Bhd (MUI) is expecting a consolidated pre-tax profit of M 531.4 million for the year ended Dec 31, 1989, it said in a circular to shareholders on Thursday. The pre-tax profit for the current year was expected to be about MBernama - 322 words
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185 1990-03-10 3 Bernama MALAYSIAN Assurance Alliance Bhd (MAA) is confident of showing a complete turnaround for 1989 but its results will depend on the final audit. MAA director Tengku Iskandar Tengku Abdullah said that after facing a hard time in the past few years, he is hopefulBernama - 185 words
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Page 3 Advertisements
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Advertisement244 1990-03-10 3 a, Suceetoful Kfoitenr Make money uniting fr earn while you learn The Writing School, founded in 1949, shows how to write articles, short stories, novels, romances, radio and TV scripts, technical articles, children's stories etc. Top professional writers, through the medium of "Hie Writing Schoors comprehensive home study course, give244 words
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THE WORLD
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WORLD WATCH
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101 1990-03-10 4 AP MALAYSIA'S Trade Minister urged businesses on Thursday to establish closer links with their counterparts in Europe, news reports said. Trade and Industry Minister Rafidah Aziz said Malaysian exporters and traders should form closer ties with the European Community to gain a foothold in theAP - 101 words
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Article86 1990-03-10 4 AP PRELIMINARY talks on extending the lease on US military bases in the Philippines are expected to begin after Easter, and their continuation will depend on whether Washington can explain aid cuts to the Philippines, the foreign secretary said on Thursday. Raul Manglapus toldAP - 86 words
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Article70 1990-03-10 4 Reuter THE PHILIPPINE government has filed a corruption charge against opposition leader Juan Ponce Enrile on top of the rebellion and murder case he already faces for his alleged role in December's bloody coup attempt. Solicitor General Francisco Chavez, the government's chief lawyer, filed the chargeReuter - 70 words
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Article87 1990-03-10 4 AFP JOINT VENTURES and wholly foreign-capitalised companies will be allowed to set up in Romania under a draft law adopted by the executive bureau of the Provisional Council of National Unity (PCNU). The proposed law, which was to be put before a plenary session of the CouncilAFP - 87 words
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Article60 1990-03-10 4 Reuter SOUTH AFRICA has warned protesters that it will take tough action against anarchy surging through the country's 10 tribal homelands. Law and Order Minister Adriaan Vlok said on Thursday that the police would show no mercy against those who wanted to destroy South Africa's prospectsReuter - 60 words
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Article71 1990-03-10 4 AFP BANGLADESH Finance Minister Wahidul Huq warned in a speech on Thursday that "serious uncertainties" which have developed in mobilising internal resources could push the country towards a "big crisis". Mr Huq, speaking at the opening of a consultative conference for the Board of Revenue, wasAFP - 71 words
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568 1990-03-10 4 Reuter ECONOMIC policymakers from major nations bickered among themselves on Thursday over the best way to manage a world economy reeling from a plunging Japanese yen and soaring West German interest rates. "We now face a crisis," David Hale, chief economist at KemperReuter - 568 words
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343 1990-03-10 4 Reuter JAPAN'S Trade Minister on Thursday said Tokyo plans to make it easier to open large stores in a concession to Washington which believes the present retail system is a barrier to trade. International Trade and Industry Minister Kabun Muto said TokyoReuter - 343 words
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256 1990-03-10 4 AFP JAPANESE investors grew warier of risks in the AsiaPacific region in the second half of last year, particularly in New Zealand, the Philippines and China. According to the Japan Bond Research Institute's January survey of country risks, there have been sharp declines inAFP - 256 words
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Article, Illustration420 1990-03-10 4 Reuter BRITISH Prime Minister Margaret Thatcher has condemned violence during the week-long protests against an imminent new poll tax, but faced more angry scenes as she began a three-day visit to Scotland. Speaking in Parliament, Mrs Thatchcr said on Thursday that violence at town halls across EnglandReuter - 420 words
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269 1990-03-10 4 Bernama THE MALAYSIAN government's inability to announce the implementation of the highly publicised export tax on sawn timber has led to uncertainty, unhealthy speculation and confusion among buyers and sellers, an official with a timber-based company said. Mr Peter Yeoh. managing director ofBernama - 269 words
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312 1990-03-10 4 Reuter THE European Community intends to play a leading role in the final phase of Gatt's Uruguay Round of world trade talks despite the distraction of rapid changes in Eastern Europe, a top EC official said on Thursday. External Affairs Commissioner FransReuter - 312 words
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Article151 1990-03-10 4 AFP AN Indonesian consortium with powerful government backing has began construction of a US$6OO million plant to produce seamless pipes, the official Antara news agency said yesterday. Built in Cilegon, a steel town in the western tip of Java, the plant owned by P TAFP - 151 words
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Page 4 Advertisements
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Advertisement505 1990-03-10 4 (Incorporated in the Republic of Singapore) ANNOUNCEMENT I Unaudited results of the Group's operations for the six months ended 31st December 1989 are as follows: GROUP 1989 1988 or $000 000 TURNOVER 95,974 79,231 +21 OPERATING PROFIT 21.803 13,693 59 after charging (i) Interest on borrowings 17 30 -43 (ii)505 words
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STOCK EXCHANGE OF SINGAPORE 1
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Article, Illustration4574 1990-03-10 5 Lim Mui Khi - By Lim Mui Khi THE LOCAL BOURSE closed mixed on fairly active trading yesterday. A firmer close in major overseas markets gave a boost to sentiment. Both institutional and individual interest in selective component counters helped push the Straits Times Industrials Index up4,574 words
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STOCK EXCHANGE OF SINGAPORE 2
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726 1990-03-10 6 Lim Mui Khi - By Lim Mui Khi ACTIVITY on Clob International was not afTcctcd by mounting concern over missing Malaysian share scrips and the resultant limitations on trading of the shares by two local stockbroking firms. For the day, turnover on the over-the-counter market picked up726 words
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Article2860 1990-03-10 6 Gr's Gr's 1989/90 Tel Vol Day Ijwt QwXe Dh Di* YTd Net M Cap High l4iw Code Company Sale +or- (TOO) High Low Buyer Seller CVr P/F. Smll HONGKONG STOCKS 102 94 1418 CDL Hotels Intl 95 -V, 1610 96 94 94 95 1246 Cathay Pacific 1000 980 1739 Cheung2,860 words
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912 1990-03-10 6 Company Kxpiry/ Coupon Conversion period Interest Conversion term tor one ordinary maturity <*) payable share date Causeway loan 1994 6 Dec 31 Causeway Wt 1994 Oct 2. 1989 to Oct 20. 1994 1 warrant plus {1 cash or 1 warrant plus Jl nominal amount912 words
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KUALA LUMPUR STOCK EXCHANGE
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Article, Illustration3363 1990-03-10 7 MBT SHARE PRICES on the Kuala I.umpur stock market fluctuated within a narrow band yesterday to finish mixed to slightly higher in another round of lethargic trading. This was despite stronger showing on Wall Street and Tokyo. The Dow Jones index closed 26.5 points higher on Thursday whileMBT - 3,363 words
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BT SHARE INFORMATION SERVICE
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Article583 1990-03-10 7 Singapore Stocks Last Full Year Company Penod Date Year Net EPS Gross Net jmomced entint (cents) <•» profit last year (S'OOO) BMT Interim Jan 27 Jun 90 1696 100 0 516 G Uawtm Final Feb 2 Dec 89 6 8(a) 768 Guthrie GTS Fmal Feb 22 Dec 89583 words
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Article511 1990-03-10 7 Current Ex Books Date Total for Total for payment date dose payable the year last year Asev Find USlOC(b) Mar 7 Mar 19 Mar 26 US10C A vino 15*TE Feb 28 Mar 12 May 15 25*11 25*TE BAT 909*(n) Apr 6 Apr 19 May 3 122 7*(n) 72*511 words
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Article274 1990-03-10 7 Company Rights Issue MM) Onetor tour < n MS? 40 per share E>4ate Mar 8 Books close Mar 22 Acceptance Payment NYA Bousteadco One for three fe $115 per share Estate Ian 19 Books close Feb 1 Acceptance Payment Mar 19 C4C l#ator live fe $2 10 per274 words
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Article363 1990-03-10 7 Company Rights Issue A Enterprises Threefor lour (a MS? 3C per share Apofc One for-one SI 85 per share 0 Hokfnp Ksu« ol ?7m loan stocks in the ratio of |3 loan stock lor every live ordinary shares held FAC8 One lor one <u MS060 per share Fiber363 words
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Article48 1990-03-10 7 Landmarks Berhad: EGM at Ledang I 11, Carcosa Sen Negara, Taman Tasik Perdana. ***** Kuala Lumpur on Monday, Mar 12, at 11.00 am. Pacific Can hvestment Hokfinp Limited: First AGM at No 1 Sixth Lok Yang Road, Singapore 2262 on Thursday, Mar 22, at 10.30 am.48 words
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Article165 1990-03-10 7 BT Composite Index ST Industrials Index 1990 Nfh: 1402.22 (6/2/90) 1990 Nfh: 1595.40 (20/2/90) 1990 low 1307 35 26/1/90) 1990 tow: 1489 53 (26/1/90) 1989 Nfh: 1322 00 28/12/89) 1989 h*h 1487 76 (26/12/89) 1989 tow 917 42 (4/1/89) 1989 tow 1030.69 (4/1/89) 1988 Nfh: 1043165 words
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REGIONAL STOCK MARKETS
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Tokyo closes broadly higher in moderate trade
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Article, Illustration1070 1990-03-10 8 SHARE PRICES on the Hongkong stock exchange were down despite an early gain yesterday, due to lack of any trade incentives. The Hang Seng Index dropped 3.06 points to 2,912.67, against Thursday's 2,915.73 points. Turnover swelled to HK51,123 million, against Thursday's HK5996.32 million. The market opened slightly higher during1,070 words
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Article, Illustration846 1990-03-10 8 TOKYO shares closed broadly higher yesterday but well off their morning peaks in moderate trade. Some early arbitrage unwinding selling was quickly overwhelmed by index-linked buying by investment trust funds, arbitrageurs and general investors, which eventually tapered off. "The market simply rose too much earlier in the day and846 words
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Article, Illustration508 1990-03-10 8 AUSTRALIA'S share market closed firmer yesterday, boosted by stronger closes on offshore bourses and bargainhunting after Thursday's sell-off. The All Ordinaries index ended 8.7 points up at 1,579.2 after late positionsquaring ahead of the weekend brought the market indicator off its high of 1584.9. The market has gained 11.0508 words
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Article214 1990-03-10 8 SEOUL stocks rose above the 850-point level in moderate trading yesterday as investors were optimistic about several rumours, including one of an imminent cabinet reshuffle. The composite index closed at 852.70, up 4.93 points from Thursday's close. Turnover was a low 187.5 billion won compared with 204.5 billion in214 words
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Article330 1990-03-10 8 THE Taiwan stock index finished the day slightly lower yesterday as trading remained slow on bearish political and economic news. The index fell 23.04 points, or 0.2 per cent, to end at 11,350.28 against Thursday's 11,373.32 close. Turnover was a low NT598.77 billion compared with NT598.15 billion. Taipei Mir330 words
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Article259 1990-03-10 8 EARLY ADVANCES on the Thai bourse were blunted by profit-taking on major construction and finance shares in the second half of trading yesterday. The official SET index rose 1.08 points to end at 802.40. Gains outnumbered losses 73 to 46. Most active were Siam City Cement, CMIC Finance and259 words
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Article80 1990-03-10 8 PHILIPPINE stocks closed mixed in slow trade yesterday as some investors bought mining shares on firmer copper prices and others sold commercial shares because of lingenng political anx- iety. The Manila Stock Exchange composite index closed 1.93 poi..ts lower at 1,035.32. The Makati index ended 6.65 higher at 1,054.12.80 words
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Article53 1990-03-10 8 LEADING New Zealand shares closed lower against overseas trends, with brokers describing trading as tentative throughout yesterday. The Barclays index estimate finished down 7.33 points to 1,795.46, after shedding 16 points on Thursday, despite the Dow Jones industrial average rising 26.5 points overnight and Tokyo's Nikkei index rising53 words
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Article86 1990-03-10 8 PRICES on the Jakarta stock exchange ended mixed yesterday, bringing the index up 8.26 points to 585.89, and turnover fell to 2.02 million shares from the officially corrected 2.37 minion shares. Java Pelletizing Factory (Japfa) and Indocement dominated trading on turnover of 756,500 and 292,600 shares. Consumer goods producer86 words
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Page 8 Advertisements
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Advertisement82 1990-03-10 8 4 A MONTHLY MAGAZINE OF BUSINESS TRENDS Singapore, Hongkong as region's stockmarkets? Special report: Japan's yen for Singapore The big business of celebrating Pick of the region's quality stocks Simex's agenda for the 1990s Cruises for everyone Investment spotlight on Polytek Wearnes, Metalock MARCH 1990 A Times Periodicals publication PANAMANIAN82 words
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Technology, retail stocks send Dow sharply up
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Article, Illustration938 1990-03-10 9 THE US stock market closed sharply higher on Thursday, aided by strength in technology and retail stocks and also fuelled by a high-octane combination ot rising bond prices, arbitrage buy programmes and short covering. The Dow Jones industrial average climbed 26.58 points to 2696.17, a one per cent938 words
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Article, Illustration792 1990-03-10 9 SHARE PRICES rose on London's Stock Exchange on Thursday, as a good start on Wall Street and a slew of good corporate earnings reports boosted the overall market throughout the session. Dealers also mentioned an acute shortage of stock in some of the blue-chip issues, which led to higher792 words
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Article246 1990-03-10 9 DUTCH share prices started firmer in quiet early trading yesterday as the market, underpinned by feeling interest rates may have peaked for now, continued its recent recovery from weeks of slides. The EOE 25-sharc index traded 1.53 point or 0.55 per cent up after 25 minutes of trade, which246 words
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Article183 1990-03-10 9 WEST GERMAN shares dosed slightly lower yesterday after showing small gains early in the session. Dealers said the market lacked direction and trade volume was low. "The market is completely uninspired," said one. The buoyancy seen in pre-bourse trade was absent throughout the official trading session, dealers said. Prices183 words
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Article120 1990-03-10 9 FRENCH share prices were well below the morning's highs at mid-session yesterday amid uncertainty over the course of interest rates and caution ahead of US employment data. The CAC-40 index, which rose as high as 1,941.17 during the morning, stood at 1,925.68 just after 1230 GMT for a gain120 words
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Article220 1990-03-10 9 SWISS shares opened mixed yesterday in fairly quiet trading. The Swiss Market Index of leading shares opened 5.3 points firmer at 1,718.9. The all-share Swiss Performance Index added 1.3 to 1,113.3 points. Zurich Mar 7 Francs 47Actions Suisses Alusuisse Br. 1245 -10 Alusuisse Reg. Brown Boveri Br 5600 50220 words
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Article115 1990-03-10 9 ITALIAN share prices were showing moderate gains in early trading yesterday in line with the firmer tone in other centres. The MIB index was up 0.8 per cent with some 25 per cent of share prices fixed. Milan Mar 8 lire Ass Gen ***** -335 Bastogi 352.25 -0.75 Fiat115 words
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Article467 1990-03-10 9 Brussels Mar 8 Francs FORWARD MARKET Accc 4900 undh Artocd 4950 +10 Astur 1336 +55 Brascan 738 +2 C'anpac 726 -4 Cock 204 +5 De Beers 810 +6 Ebes 4210 +10 Gb-Inno-Bm 1260 +36 Gevaert 8740 +140 Gr Bru Lamb 3940 15 Hobok Petro ***** +-375 Ryl Dutch 2680 +20467 words
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Page 9 Advertisements
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Advertisement93 1990-03-10 9 teip, It could be a controversial deal between two stock market stars, a thought-provoking report by university researchers on the latest trans-European FOCUS zooms in on the news and _xl issues of the day and looks at them in more depth and breadth. FOCUS is the news feature section of93 words
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CURRENCY, MONEY & FUTURES MARKETS
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1188 1990-03-10 10 FOREX MARKET REPORTS TRADING in the US dollar was lacklustre in major Asian foreign exchange markets yesterday as dealers remained cautious before the release of US key job figures last night. Marked by thin and cautious trading in Tokyo and Singapore,1,188 words
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Article393 1990-03-10 10 Cross rates Mar <3 USS SS MS Dm Yen SFr AS NZS USS 1.8745 2.7055 1.6995 151.10 0.6092 1.5080 1.3149 1.6978 SS 0.5335 1.4433 0.9066 0.8061 0.3250 0.8045 0.7015 0.9057 MS 0.3696 69.28 0.6282 0.5585 0.2252 0.5574 0.4860 0.6275 Dm 0.5884 1.1030 1.5919 88.91 0.3585 0.8873 0.7737393 words
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Article555 1990-03-10 10 Interbank rates S$ Bid Offer Overnight 5 7/8 6 1-month 6 1/8 6 1/4 2-month 6 1/8 6 1/4 3-monmth 6 1/4 6 3/8 Overnight mode: 5-3/4 US$ Bid Offer 7 days 8 1/4 8 3/8 1 month 8 5/16 8 7/16. 2 months 8 5/16 8 7/16555 words
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386 1990-03-10 10 AP THE CHAIRMAN of the US Commodity Futures Trading Commission (CFTC) has urged the futures industry to become more vocal in supporting the agency's fight to retain jurisdiction over stock index futures. In a speech to the annual meeting of the Futures IndustryAP - 386 words
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Article1411 1990-03-10 10 SIMEX EUROOOUAR Open High Low Sett Est Vol Op/lnt Vol Mar 90 91.57 91.57 91.56 91.57 1372 9056 1247 Jun 90 91.47 91.47 91.44 91.46 4418 ***** 6677 Sep 90 91.36 91.38 91.35 91.37 1084 4050 1374 Dec 90 91.15 91.18 91.14 91.18 466 1882 6321,411 words
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COMMODITIES
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886 1990-03-10 11 REPORTS PRICES on the Kuala Lumpur Tin Market fell nine cents to close at 16.73 ringgit a kg yesterday, extending Thursday's losses, mainly due to a lack of strong support, dealers said. Turnover was unchanged from Thursday's 47 tonnes and was absorbed by European,886 words
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325 1990-03-10 11 AFP ANTI-GOVERNMENT violence in the nominally-inde-pendent tribal homeland of Bophuthatswana is likely to buffet the platinum market in a country which has 30 per cent of the world's platinum deposits, an analyst said in Johannesburg. Michael Bedford, platinum broker at the JohannesburgAFP - 325 words
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Article133 1990-03-10 11 Reuter AUSTRALIA'S gold mining industry is in crisis and will struggle to survive through the *****, according to Robert Champion de Crespigny, executive chairman of Poseidon Limited. The removal of an exemption from corporate tax on gold miners' profits from January 1, 1991, coupled withReuter - 133 words
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253 1990-03-10 11 Reuter MAJOR new South African gold discoveries in the 1990s will help the country retain its title as the world's largest gold producer, Tom Main, chief executive of the South African Chamber of Mines, said. "Indications suggest that a new gold field might emergeReuter - 253 words
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Article1295 1990-03-10 11 vr t?,> Rubber S Noon Close Int 1 RSS Prompt Int 1 RSS Apr 90 Int 1 RSS May Int 2 RSS OP Int 3 RSS OP Int 4 RSS OP Int 5 RSS OP 157.25/158.25N 156.50/157.50 160.00/160.50 159 25/159.75 162.00/162.50 161.25/161.75 153.00/ 155.00N 152.50/154. SON 147.50/149 50N 1471,295 words
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Page 11 Advertisements
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Advertisement15 1990-03-10 11 Read Chartpoint, a guide to investing in the stock market. Every Saturday in Business Times.15 words
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Advertisement190 1990-03-10 11 Read ike v/orfeof fH Mills •S Boon up and COMUiCf au+ketp. L m 4new titles each montn Only $3.95 each Available at all good bookshops and newsagents STP Distributors UNITED INDUSTRIAL CORPORATION LTD f (Incorporated In Bie Republic LOST SHARE CERTIFICATES Applications have bttn made 10the directors of the sbovenamed190 words
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Advertisement233 1990-03-10 11 NOTICES IN THE MATTER OF THE COMPANIES ACT.CAP.SO AND NEW CONTINENTAL PLASTIC MFG (PTE) LTD (In Members' Voluntary Liquidation) At an Extraordinary General Meeting of the abovenamed company duly convened and held at SO Jalan Sultan #21-04 Jalan Sultan Centre. Singapore 0719 on the sth day of March 1990 the233 words
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Article271 1990-03-10 12 AFP WEST GERMANY'S DG Bank has agreed to take back bonds it sold to French banks after a multi-million dollar dispute, but this does not mean that it was in the wrong, its president said in Frankfurt on Thursday. "We will take them back atAFP - 271 words
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371 1990-03-10 12 Kenneth James - By Kenneth James MALAYSIA's gross domestic product is set to grow a respectable 7 per cent this year despite a faltering towards year-end when the world economy is expected to slow down, a risk consultancy firm has predicted in its latest country371 words
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Article, Illustration79 1990-03-10 12 A SCENE like this and you know elections are near or over. It's the former in Australia and if the latest opinion polls are to be believed, this picture taken on Thursday of Prime Minister Bob Hawke and his wife will be re-enacted on79 words
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157 1990-03-10 12 Reuter THE Los Angeles Times, quoting unidentified sources, reported President George Bush will not reappoint Federal Reserve Board Chairman Alan Greenspan when his term expires in August 1991. Mr Bush was reported to be upset and angry that Mr Greenspan has refused toReuter - 157 words
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369 1990-03-10 12 Reuter AFTER forcing 2.1 million private businesses to close last year, China said yesterday that its private sector was "indispensable" and predicted it would recover. The official China Daily also quoted a top economic planner as saying the nation's 19-month-old austerity programme shouldReuter - 369 words
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251 1990-03-10 12 AFP A TOP US banking official said yesterday he was confident Washington would renew China's most favoured nation trading status but cautioned it would be a difficult year for Sino-US ties. Eugene Lawson, vicechairman of the govern-ment-owned US Export-Im-port Bank, said President GeorgeAFP - 251 words
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332 1990-03-10 12 Reuter THE NUMBER of East Asian investments in New Zealand has doubled over the past two years, the New Zealand Institute of Economic Research said. The independent institute found increasing direct investment from Japan, Hongkong and Singapore, but also from less traditional sources suchReuter - 332 words
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191 1990-03-10 12 Bernama A MEMORANDUM of understanding on the construction of the multi-billion dollar optical fibre submarine telecommunications cable linking the six Asean nations was signed in Jakarta yesterday to improve intra-Asean communications. The facility will eventually link the region into a global communicationsBernama - 191 words
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195 1990-03-10 12 Reuter AP LITHUANIAN nationalists said yesterday plans for a parliamentary declaration of independence were still on and that a vote would be taken tomorrow, contradicting an earlier report that it had been postponed. Lionginas Vasilyauskas, spokesman for the Sajudis people's movement, said the republic's SupremeReuter; AP - 195 words
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Page 12 Advertisements
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Advertisement131 1990-03-10 12 Tasty Teochew at Chao Zhou /LJ ciMm Hwim CHAO ZHOU garden restaurant jeve Bu.ld.ns M Shenton Way Tel 225 6355 t FOR IMPORTERS AND 9 > A (1 SHIPPING TIMES covers all aspects of fsjA local and international shipping (except, of course, the really technical aspects). < The emphasis is131 words
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Advertisement15 1990-03-10 12 Fresh delights at Kampachi mj\\KmPAWf k<VljUTdllt Level 6 UIC Building Shenlon Way Tef 222 461515 words
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Executive Lifestyle
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Article, Illustration1328 1990-03-10 13 Chuang Peck Ming - When it comes to the fashion business, F J Benjamin's no babe in the woods. Chuang Peck Ming visits the man who put the word 'designer' on every rich man's label. Chuang Peck Ming Twenty-six years ago, Frank Benjamin wanted to play golf. So he wrote 1Picture by Arthur Lee - 1,328 words
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STRAWS IN THE WIND
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Article74 1990-03-10 13 CAN one be modest and blow one's own horn at the same time? It certainly seems possible at the Pinnacle, the continental restaurant on the 60th floor of OUB Centre. On every table is a small pink card soliciting diners' comments about the food and service. On one74 words
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Article27 1990-03-10 13 INVESTING in precious metals has taken a new turn. In England, they're buying gold. In America, it's platinum. In Singapore? People are buying cars.27 words
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Article29 1990-03-10 13 THIS is definitely the Electronic Age. Remember when the three R's for children were "reading, 'riting and 'rithmetic"? Now, it's "reading, 'riting, and remote control".29 words
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Article71 1990-03-10 13 AT FIRST, it sounded like the opening of a new wave disco. After some elaboration, it sounded almost like an invitation to some bizarre sex event. But no. Roro9o is actually a shipping conference set for May 15-17. Roro is short for roll on, roll off, and71 words
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OPINIONS
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Article213 1990-03-10 14 David Marchington - LETTERS TO THE EDITOR David Marchington Managing Director Korn/Ferry International WITH REFERENCE to the letter from Mr Gurmit Singh (BT. March 3-4), we would like to make the following reply to his comments on "Making it in America" (Feb 24-25). In line with the government's213 words
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Article131 1990-03-10 14 Daniel Yew - Daniel Yew Marketing Manager Chan Boon Teck Pte Ltd I READ your article on "Zenith Engineering to be Singapore's first tank manufacturer" in Shipping Times (Feb 26) with considerable dismay and astonishment. Zenith's claim to be the "only" tank container maker in Singapore will be received131 words
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Article190 1990-03-10 14 Peter Ling - Peter Ling Chief Executive I.intas:Singapore I REFER to your article "Coming soon: One thriving homegrown ad industry" (Feb 20), and the letter "Singaporeans do run MNC advertising agencies" (Feb 24-25). I thank Steven Howard for correcting me regarding Saatchi's Linda Locke's antecedents (I had forgotten that190 words
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1081 1990-03-10 14 Yong Pow Ang - Yong Pow Ang tells why it is vital to push back the frontiers in tiny Singapore Yong Pow Ang GOOD NEWS for motorists: Wc may have an underground road network that will allow a 30 to 40 per cent increase in the1,081 words
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Article, Illustration894 1990-03-10 14 Andrea Borch - Corporate information is the lifeblood of a financial centre, yet, laments Andrea Borch, clamming up or hedging is more a rule than an exception in town Andrea Borch Andrea Borch is a reporter on BT's Companies Desk. (Hm don V quote us on that.)894 words
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Article, Illustration958 1990-03-10 14 Tye Kim Khiat - Tye Kim Khiat I've Kim Khiat is BT's Deputy y Features Editor. 'I come aviuv from Singa/fore excited 1 and energised... Almost without exception. I find them (Singa/foreans) I charming, attractive, lively. interesting, humorous, secure and confident without Ix'ing complacent.' SO WROTE David958 words
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PURSUITS
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Article, Illustration478 1990-03-10 15 Quek Swee Peng - Pear-shaped, heart-shaped or square-shaped, diamonds always stay the same. Quek Swee Peng steals one dazzling moment with Harry Winston, Cartier and Van Cleef Quek Swee Peng JEWELLERY previews have long-standing engagements in the major cities of London, New York and Geneva. Seldom do they venture elsewhere.478 words
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Article, Illustration381 1990-03-10 15 From a collector's collection IT WAS SAID that George Costakis sold, swapped or gave away nearly all the silver, Old Master paintings and porcelain which he had accumulated before the war to acquire works of the Russian AvantGarde. A Russian of Greek381 words
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Article, Illustration234 1990-03-10 15 MORE than 13,000 bottles of wine from the Crimean vineyards which once belonged to the Tsars, including 1,155 bottles actually made for the Tsars between the 1830s and 1917, are expected to attract a great deal of interest when they are auctioned on April 2 in234 words
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Article555 1990-03-10 15 The Economist THE GOLDEN baubles of an Assyrian queen are arranged in simple glass cases: armlets, anklets, necklaces, earrings of gold, some set with tiger's eye and lapis lazuli. Every one is a miracle of the goldsmith's art. They look new; they are 2,700 years old. TheThe Economist - 555 words
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622 1990-03-10 15 The Economist WHEN the organisers call the Monet exhibition in Boston the last of the big shows, they do not mean its size (the 93 paintings take up only five smallish rooms of the museum); they mean the horrendous costs and difficultiesThe Economist - 622 words
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EPICURE 1
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Article, Illustration642 1990-03-10 16 Quek Swee Peng - Quek Swee Peng takes a quick bite at Hard Rock Cafe, known also as a museum of modern music. Quek Swee Peng IF YOU'VE BEEN to Hard Rock and haven't had a pig sandwich, then you haven't been to the Hard Rock. This message is scrawled(Punch) - 642 words
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Article, Illustration908 1990-03-10 17 Richard Seah - What is peanut butter doing in a health column, you may ask. Isn't it full of fat, high in calories, etc; Yes it is. But that does not make it unhealthy, says Richard Seah. Richard Seah The writer is editor of The GoodA Punch cartoon - 908 words
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Article, Illustration824 1990-03-10 17 N K Yong - WINE By N K Yong WHAT ARE optimum storage conditions for fine wine and how do wc meet these conditions in a tropical climatc? In temperate climes, these questions are less contentious because everyone knows wine should be stored in the824 words
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Article, Illustration433 1990-03-10 17 Sybil Holloway - BRIDGE tly Sybil Holloway ARTIFICIAL BIDS and "cithcr/or" openings can creatc a lot of hcadachcs for the opponents. But at times, they can also lead to disastrous misunderstandings for the users when unprepared for all bidding eventualities. Today's deal reported by Nigel Roscndorff in433 words
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REVIEWS
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Article, Illustration540 1990-03-10 18 Jaime Lye - Jaime Lye joins half the Cabinet and as many security men at Kallang Theatre on Evita's opening night. Jaime Lye SO IT wasn't the Drury Lane Theatre, West End. Or Broadway. And the security men checking handbags at the door weren't exactly on the540 words
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Article381 1990-03-10 18 A Surendren - By A Surendren RECALL the old The Three Stooges shows of your childhood. Put things in a Singapore context and what you get is A Totally Fictitious Island in the Sun. No bluff, but it's all slapstick, with a cream-pie literally being thrown in the381 words
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Article, Illustration839 1990-03-10 18 A Surendren - By A Surendren WHEN HE stops making music, this man can make a fortune as a stand-up comic. Jazzman James Morrison, loosely described as a "multi-instrumentalist", made everyone ache with laughter during his one-night concert at the Hyatt Regency on Wednesday. And when Aussie Morrison and his839 words
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Article, Illustration545 1990-03-10 18 Samuel Ee - By Samuel Ee YOU'LL BE surprised at how marriage counsellors come in all shapes and sizes these days. One particularly talkative one (she insists on yakking to the kitchen wall, one foreign rock and herself) is disguised as an English housewife work-ing-class and without posh accent. Calling545 words
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SPORTS
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Article, Illustration562 1990-03-10 19 Charles Savage - By Charles Savage TAIWAN'S Chou Hung Nan overcame a steady drizzle yesterday to card a thrcc-under-par 69 (35, 34) and increase his lead to three strokes after day two of the Rolex Masters. After his record-setting first day 66, Hung Nan is now ninc-undcr 135.562 words
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239 1990-03-10 19 AFP A LAST-MINUTE shoe change and strong winds could not prevent John Huston from firing a four-under-par 68 in Coral.Springs, Florida on Thursday for a twoshot lead after one round of the USSf- million Honda Classic. JVlinutes before his teetime, Huston ,wasAFP - 239 words
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323 1990-03-10 19 Jerome Fandor - By Jerome Fandor STRUCK WITH the "second weekend scratching" syndrome, the Penang Turf Club has roped in the amateurs. Most professional owners and trainers with horses in classes 2, 4 and 5 obviously prefer to the next Singapore me3oßj||rting at the end of this for323 words
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Article, Illustration347 1990-03-10 19 AFP ALAIN PROST, whose epic battle with Ayrton Senna last year turned into a grotesque charade, has already run foul of motor racing's authorities before even the new season gets underway. The Frenchman faces a US$lO,OOO fine for failing to turn up for theAFP - 347 words
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Article, Illustration271 1990-03-10 19 AFP SOME TIMELY ADVICE from tennis legend Billie Jean King helped 13-year-old Jennifer Capriati rally from a first set deficit to upset eighth-seeded Nathalie Tauziat of France at Boca Raton, Florida on Thursday. But second-seeded Monica Seles, sixth-seeded Hana Mandlikova and seventhseededAFP - 271 words
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Article212 1990-03-10 19 AP KARL MALONE scored 27 points on Thursday night as the Utah Jazz beat Chicago 98-94, ending the Bulls' nine-game winning streak. The loss was only the Bulls' third at home in 26 games. It was the Jazz' ninth victory in their last 10 gamesAP - 212 words
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SIDE LINES
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178 1990-03-10 19 AFP AUSTRIAN Horst Skoflf gave top-seeded Boris Becker a real scare at Indian Wells, California on Thursday while secondseeded Stefan Ed berg waltzed into the quarter-finals of the US$ 1 million Champions Cup. SkofT, seeded 16th, began pressuring Becker in the second setAFP - 178 words
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Article96 1990-03-10 19 AP AFTER BEING sidelined two months because of an injury, Alberto Tomba capped his World Cup comeback with a magnificent slalom victory on Thursday. Tomba, who fractured a collar-bone in early-December after a spill in a Super G at Val d'lsere, France, won hisAP - 96 words
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Article88 1990-03-10 19 AFP HISTORY and foul weather are on England's side as the> prepare for the second Test match against West Indies. Much is due to start today. It is 25 years since West won a Test match in Guyana and England have not been bfciften in the BourdaAFP - 88 words
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Article107 1990-03-10 19 AFP CARL LEWIS is on another collision course with the US < athletics governing body. m Lewis says he will compete at the Good wi If Garges in j Seattle in July but miss the national championships for,the < second year running. The AthleticsAFP - 107 words
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Article66 1990-03-10 19 AFP BILL MALLEY matched his previous best performance in Europe with a course record opening round that took him into a two-shot lead at the Majorca Open on Thursday. The newly-wed 34-year-old from San Francisco shot a nine-under-par 63, bouncing back to form after taking 83AFP - 66 words
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Article101 1990-03-10 19 AFP LINFORD CHRISTIE is being cagey about his chances of breaking the world 60m record this weekend after an agonising near-miss in Athens on Wednesday. Back home after his European record-equalling 6.51 seconds run, just one-hun-dredth of a second outside Lee Mcßae's record, ChristieAFP - 101 words
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Article84 1990-03-10 19 AFP WORLD CHAMPION Massimo Biasion was heading for a third successive win in the Portuguese rally on Thursday after a day-long chase eventually saw him snatch the lead off the Spaniard Carlos Sainz. The Italian battled through rain and mud on the second stage to takeAFP - 84 words
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EXECUTIVE JOBS
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1069 1990-03-10 20 FT JUST SUPPOSE you arrive to start a new job this morning, and the first thing you are asked is if you have brought your tools. Most readers would probably be flabbergasted by the question. For generations now, the bulk of usFT - 1,069 words
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1051 1990-03-10 20 David Marchington - Working stints abroad are becoming essential for gold-plating fast-track careers for ambitious executives. David Marchington explains where to go and what to avoid in the last of a four-part series. David Marchington The writer is the managing director of Korn/Ferry International.1,051 words
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Article, Illustration354 1990-03-10 20 Ms Elizabeth Koh has been appointed compensation and benefits manager of Inchcape Bcrhad. Ms Koh holds an honours degree in business administration from the University of Singapore and has more than 10 years' experience in personnel administration. Abacus Distribution Systems Pte Ltd has appointed Yoon Wing Yew,354 words
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PERSONAL FINANCE & INVESTMENT 1
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Article1017 1990-03-10 21 Rosie Tan - STOCK By Rosie Tan Although not quite yet in the league of a Cold Storage Holdings or a Cerebos Pacific, food-based QAF is nevertheless an exciting recovery stock in a fashionable sector. After several years of falling profits and red ink which culminated in a1,017 words
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DON'T QUOTE ME!
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53 1990-03-10 21 JAPANESE electronics company Daiichi will bring Florence Griffith Joyner, US triple gold medallist in the Seoul Olympics, to Japan to coach eight runners the company is sponsoring. Asked how much the company was paying Flo-Jo, an official said: "I'd like to leave it53 words
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Article66 1990-03-10 21 SINCE the beginning of the year, the Japanese stock market has declined by almost 15 per cent. This translates into a quoted market capitalisation loss of US$6OO billion, an amount that is 50 per cent more than the total value of all stocks quoted on the German market.66 words
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Article50 1990-03-10 21 STEVE FORBES, the late Malcolm Forbes' son and successor, told staffers that "in accordance with my father's wishes" the corporation was giving them all an extra week's pay and forgiving all personal loans from the company up to US$lO,OOO. He is definitely taking over in style.50 words
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Article49 1990-03-10 21 TO FIGHT a staff shortage, the Marriot Hotel in Hongkong has offered its employees the option of taking their year-end bonus in advanw, which could effectively increase their wages significantly. Of course the staff have to sign an undertaking not to leave their job prematurely.49 words
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Article86 1990-03-10 21 EVERGREEN Airways is not flying to Singapore after all. This is not, however, to say the Taiwanese airline started by the container giant of the same name is not coming here. It's just that its aircraft will not be flying the Evergreen flag. What happened was86 words
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469 1990-03-10 21 Marital tiff, interest rate rise what's the link? Reuter QUESTION: What have an interest rate rise, a currency depreciation and a central banker's row with his wife got in common? Answer Everything or maybe nothing at all. AT LEAST that is how it would been seen by advocates of aReuter - 469 words
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Article, Illustration682 1990-03-10 21 EDINBURGH Fund Managers pic, a Scottish fund management company which has several years of experience in the smaller stock markets of the Pacific Rim, is adopting a cautious investment strategy in Thailand against a more bullish funds allocation programme in Malaysia, Singapore and Hongkong. "We682 words
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Article601 1990-03-10 21 Prices (as at 9.3.90) Conversion teems JESS Amount Opttonal~ u«lnq Company Issued Wrts Shars Ln atk Lnstk 7 G#-rin 9 n«i« Mths (munits) Conw Exar nom Cash Caah 1 Lnstk 2 ratio price value C K Tang 16.9 2.340 4.800 1.00 2.25 -4 2.05 31.5.90 2601 words
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Article, Illustration178 1990-03-10 21 OjART^ Cres vale Far East ON THE weekly price chart, the Straits Times Industrials Index showed signs of reviving strength. It closed at its intra-week high of 1,586.18 yesterday. The Stochastic indicator managed to hold its support near the 60 perCres vale Far East - 178 words
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Article, Illustration428 1990-03-10 22 Dexter Lee - Want to make more money? Chase Manhattan says it knows just how to do it. Dexter Lee reports. Dexter Lee DO YOU know how the rich get richer? Chase Manhattan Bank seems to know. The bank boldly declares "How the rich get richer" on the428 words
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633 1990-03-10 22 Li Hiaw Ho - PROPERTY By Li Hiaw Ho Mr Li is director, Richard Ellis (Pic) iJd THE 1990 BUDGET recently announced by Dr Richard Hu confirms that from July this year, there will be a uniform 16 per cent property tax for most properties633 words
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Article, Illustration681 1990-03-10 22 IHT WITH share prices in Tokyo continuing to show volatility, Japanese institutions and foreign investors in Japan are expected to inject new funds into Hongkong's undervalued stock market, equities analysts and portfolio managers say. Although not everyone is optimistic aboutIHT - 681 words
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921 1990-03-10 22 Duncan Mount - By Duncan Mount Mr Mount is managing director of Hongkong-based CEF Investment Management Ltd. He is also a member of the Securities Futures Commission Committee on Unit Trusts; member of the Committee of Takeovers A. Mergers; executive committee member of Hongkong Unit Trust Association. THE921 words
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THE TRAVEL PAGE
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Article1013 1990-03-10 23 City Flight ETA Flight ETD Abu Dhabi GA976 0006 GA896 2305 Adelaide SQ226 1910 QF81 2105 Amsterdam SQ23 0935 KL838 2150 KL837 1505 Athens 0A471 0015 QH6 1820 Auckland TE25 1410 TE28 1525 TE25 1640 TE28 1800 ru: SQ338 2025 Bahrain QF5 2230 BaHkpapa* 1755 LJWil1,013 words
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Article, Illustration708 1990-03-10 23 Neville Stack - LETTER FROM LONDON By Neville Stack ONE thing about Singapore's monsoons you do know where you arc with them. How the British wish we could say the same about our weather. Once we callcd it delightfully unpredictable, but now it is downright treacherous. A couple708 words
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Article153 1990-03-10 23 Rates as at 3pm yesterday: Local dollars to one unit of foreign currency Currencies Bid Offer Australian dollar 1.4IS0 1.4350 Canadian dollar 1.5700 1.5900 NZ dollar 1.0850 1.1350 Sterling pound 3.05 3.07 US dollar 1.8680 1.8780 Local dollars to 100 anits of foreign cmrtwc) Austrian schilling 15.20153 words
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Article99 1990-03-10 23 Duration Title Venue Organiser Td Duration Titte Venue Organ aer Td Mar 9-19 Nice Nice Foire (33)*****101 Irrigation Exhibitions International Internationale Agri-Industry Fair de Nice Show Mar 10-18 International Munich GHM Gesellschaft (49)89/***** Mar 17-20 International Pans Comite Des (33)1/*****000 Light Fur Fur Industries Expositions Industries Handwerksauss-99 words
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TIME OFF
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Article120 1990-03-10 24 Piano rtcital Regina Shamvili, born in Georgia, USSR, emigrated to America in 1983 following a successful 20-year career in the USSR. The recital will include pieces from Beethovan, Chopin, Schumann and Glinka. Venue: SLF Auditorium (MCD Building) Date: Mar 12. Time: Bpm Tickets at $10.00 Piano recital The internationally120 words
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Article, Illustration124 1990-03-10 24 iHjji r fief ■fW um ffun The delightful children's ballet will be put up The Singapore Dance Theatre. Performances includes a lec-ture-demonstration on ballet. The ballet has been specially created to help the young identify the different instruments of an orchestra. It has captured the hearts of many children124 words
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Article, Illustration303 1990-03-10 24 With Burt And Mind An exhibition of the work of students from the Faculty of Visual Communication at the College of Design, Offenbach am Main, West Germany. The College of Design is a scientifically oriented art college with the task "of conveying and developing artistic forms and contents". Its303 words
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Article87 1990-03-10 24 K Jayanti - Xbmpiiedby K Jayanti Khri Fair It a Great Fair. An award winning chef from New Zealand, Anthony Smith, will be in Singapore for a Taste New Zealand fortnight fair. Venue: Mandarin Singapore. Date: Mar 7 to 17. Note: Tickets are on sale for. the The Singapore International festival, at87 words
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Page 13 Advertisements
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Advertisement247 1990-03-10 13 222 5544 *****44 Hong Laong Fktanc* Singapore Rnanco fimmJtmm* •V DM *117 W WW HISTORY IN TIME I^^Hi-« ■-</ Sew ton. automatic in IHct gold or gold/steel Planetarium Copernicus, individually numbered. Ijandmade in IH ct gold Michelangelo automatic in Ifict gold or gold/steel Planetarium Copernicus The Planetarium by Ulysse Nardin247 words
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Page 14 Miscellaneous
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Miscellaneous75 1990-03-10 14 DOONESBURY YOU KNOW, 316 3RD, POP U/ELI.IMI6HT Het.THAVS EACH GENERATION HAG MOVED PCP MUSIC HAS ALUMS BEEN BEABL&TOG&T WHAT a/O FORWARD RHYTHMICALD/. RAP IS HEY IPO' Jj POCK ZXCWSIONAPyj ITIFTHFfVfVT BANPSAIP MOSTLY PERCUSSION-USUALP/ TVEJUST' ON, AIMED AT Ihß YOUNGTHEMEIOPY ABOUT ROCK' NOMELCPY AT ALL! THE MUSIC GOT A BAP BABE.75 words
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Page 16 Advertisements
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Advertisement251 1990-03-10 16 WHERE TO WINE, DINE AND ENTERTAIN... WHERE TO WINE, DINE AND ENTERTAIN... WHERE TO WINE, DINE... Didn't I see you at Scandals? pwr Every Mondav: High Fashion Night. Fverv Thursday: Ladies Night Every Night: The place to see and be seen. Scandals. Singapore's most sophisticated club and meeting place. Eor251 words
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Advertisement323 1990-03-10 16 ASRtitiOPiG FORMATION APPEARS TOMGOTABOM SODTISRQ\D —tin t*«ap«9«# With its spectacular glav. frontage. Ihe Cantipy Burlis the ideal place to see the stars It's also\Singapofc's newest and most extiusivc rende/vtios The Canopy Bar, upstairs at the Hyatt I T c. BROTHERS IN ARMS' Come listen to our live band, "Brothers in323 words
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Advertisement263 1990-03-10 16 C an VMKXX> THCOTK I oitownii>via»f Lunch leisurely on a feast of Cantonese-Thai specialities and desserts this weekend. At the 1 Seafood Theaire Restaurant. I(Mmrnmmm Adult: $16.50++ j an Child under 12: $10.00++ I U I I QBngoHt; [tcwuCoi cTuhT oteiNyiriMC,] Bearh Road Sin«aporc 0719 Tfl *****11 feast o n263 words
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Advertisement289 1990-03-10 16 I KIWI FARE 8 B IS A GREAT AFFAIR I Th e Mandarin Singapore presents the Rfl M Flavours of New Zealand from 7— 17 Kl Mar '90. Chef Anthony Smith from H R sth floor New Zealand will demonstrate the H N multi-cultural versatility of lamb in his award-289 words
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Page 17 Advertisements
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Advertisement301 1990-03-10 17 AND ENTERTAIN Brunch Is A Family Affair Every Sunday. Every Sunday, Hubertus Grill becomes the venue for a great Sunday Family outing. A scrumptious buffet spread is laid out for both grown-ups and children. And while you linger over a meal, we'll feature cartoon movies and keep your children entertained301 words
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Advertisement348 1990-03-10 17 The art of doing business. Fourchettes Business Lunch. At Iburchettes Grillroom, one of Singapore's finest business lunches awaits. The freshest oysters. Goose Rillettes and other appetizers Main courses from the Grill, or Roast US Prime Rib from the Carvery I Accompanied by the most exquisite Desserts, Teas and Coffees. I348 words
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Page 19 Advertisements
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Advertisement157 1990-03-10 19 Join us in a traditional Sunday Toast. in i o niiru sinc Kroil Announcing a new menu sure to add some extra sparkle to your Sundays. Fourchettes, at The Oriental, Singapore, is pleased to introduce their Sunday Champagne Lunch. Join us in a toast to champagne with a menu created157 words
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Page 20 Advertisements
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Advertisement364 1990-03-10 20 NRI Nomura Research Institute (S) Pte Ltd SECURITIES ANALYST FOR EMERGING LOCAL MARKETS A Global Research Institute, whose client is an international investment bank, seeks to recruit an analytical and research oriented individual to join the Institute. Reporting to the Managing Director of the Institute, the incumbent is responsible for364 words
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Advertisement282 1990-03-10 20 Singapore Eve, the prestigious woman's I fashion magazine, requires an energetic and I self-motivated executive to compliment the I existing sales team I This senior applicant must possess a mature. business minded outlook with an ambition to I succeed. A smart appearance and the ability I to work without supervision282 words
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Advertisement126 1990-03-10 20 DHL IN THE NEWS Advertisement Klaaai PAmni itar tamer's office. It automatically prepares I>ICW wOITipUIwI airbills, prints shipping labels, weighs fa/Mlit%# fnr packages and applies the proper rate ladlliy lUI based on weight and destination, prolyl ictomPrQ vides daily summaries and invoicing for OUoIUI I IwlO easier accounting, and facilitates126 words
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Page 21 Advertisements
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Advertisement10 1990-03-10 21 MANAGERS MUST MANAGE BT shows you how MANAGEMENT Every Monday10 words
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Page 22 Advertisements
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Advertisement178 1990-03-10 22 FIfIAN&AL CALL IJQlia SHE'LL TAKE CARE OF YOURJIEEDS. IL_ trSI (H ngl 'Loan and Information OI OI Service and Approval' all Hong Leong Finance: r y\ r Vkl *****44 m Singapore Finance: rrri Tfi fjj| r *****44 JU JU ffil approved J -SB I nc| Loan TTST $650,000 kneuptt 4KCXC178 words
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Page 23 Advertisements
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Advertisement61 1990-03-10 23 II A b»«ine»i prt'lon'i choke every Tuesday, M I I I m i\ a M Thunday, Saturday and Sunday. Leaving Changi I I II I Lmk I f| I Airport at houn and arriving at O'Hare I I J International Airport the following day. Call yamr travel agent or Air61 words
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Advertisement117 1990-03-10 23 FOR WHO, WHAT, WHERE AND WHEN £P ■HI f I ADVERTISING MARKETING, in lImI I Bh BUSINESS TIMES every Thursday, covers 1| a vital sector of the economy comprising the country's communications muscle. I Ma I MM H I The page monitors business developments I m 111 III! Hh I117 words
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Page 23 Miscellaneous
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Miscellaneous334 1990-03-10 23 Completely ■■i BB"~~ HM H H 8 Reserved large amount of ~^l money or just an adequale amount (6,7) ■■"'■Bi ~~^BT"" i^H~~kHr~THT^ Rough shoe used for digging up the ground (4) 11 "^^BB^l""""^!* 12 Half a thousand left here for 1 BB 111 I 1 r 13 What the Red334 words
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Miscellaneous228 1990-03-10 23 Singapore OUTLOOK: Showers over several areas in the morning Report for 24 hours prior to 7.30pm on Mar 9 at the airport: Max temp 30.8 Assoc humidity 73 Miii temp 21.4 Assoc humidity 97 llrs of sunshine— liS Rainfall in mm 48.6 Rainfall this mth 89 J Rainy days this228 words
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Miscellaneous29 1990-03-10 23 1 J isou tJEMT *rreK. T fteisTovo cerflfT VoU !T^?'m^e>jnir e> I PNCnMfiR JOS THIS ■gySPVVj \«K»R?SS>L a J V. 1 r I C EVEMNG3TAMOARO CO. LTD, IK2-IMO 809629 words
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Page 24 Miscellaneous
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Miscellaneous1978 1990-03-10 24 TODAY'S TV ■KffTVSfVTSTmH nm Tim stngn. 130 Happy Castle. Einstein TonlfM, 10.15pm, JJ* j^.j." l l 12 10.15 MatM An portrait the ii oo Heor Me Oat, Deari man r 11 JO My Watch. name. Centrestage presents f 12.00 PtMta««(M). to the 1990s I jj Got There appearing B show.1,978 words
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Miscellaneous513 1990-03-10 24 RADIO HIGHLIGHTS know very tittle about it. voted to environmental isWhy we sleep and how much sues is being broadcast sleep we need are still ques- during March. Among them BBC Sdence Magazine, tions that puzzle and divide are four debates which reflect Radio 5, 7.15pm psychologists and medical re-513 words
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