The Business Times, 30 March 1991
1991-03-30
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The Business Times
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Title Section11 1991-03-30 1 Business Times MCI (P) 16/12/90 Weekend Edition, March 30-31 1991 75"11 words
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NEWS & MARKETS
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75 1991-03-30 1 THE US government's index of leading economie indieators increased 1.1 per cent in February to 140.5 after dropping a revised 0.5 per cent in January and 0.1 per cent in December, the Commerce Department said yesterday. Almost threefourths of the gain in February's75 words
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40 1991-03-30 1 MALAYSIA'S Department of Civil Aviation (DCA) has reverted to the previous system of security screening of passengers and their hand-carried luggage at the individual boarding gate lounges at the Kuala Lumpur international airport.40 words
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Article25 1991-03-30 1 HOTEL GROUPS Apollo Enterprises, Hotel Royal and ANA Hotels enjoyed stronger turnover last year on the back of a tourist boom Page 225 words
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Article20 1991-03-30 1 THE DISMAL price of tin has weighed down after-tax earnings of the cash-rich Straits Trading group Page 220 words
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Article35 1991-03-30 1 SEOUL has appointed a subsidiary of Samsung Corp. Samsung Aerospace Industrial Co, as main contractor in a deal to buy 120 F-16 Falcons from General Dynamics for about USSS billion Page 335 words
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Article31 1991-03-30 1 STATE-OWNED Thai Airways International Ltd will raise one billion baht capital through its first public share offer this year and another two billion in 1992 Page 331 words
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Article41 1991-03-30 1 THE GREENBACK will surge towards the 551.82 level within the next six to eight weeks and hit about SSI.BB in four to six months, according to USbased chartist Thomas Aspray in an interview with BT yesterday Page 441 words
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Article26 1991-03-30 1 THE AMERICAN Commerce Department has handpicked 20 US companies for special federal trade assistance in an effort to crack the Japanese market Page 726 words
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Article24 1991-03-30 1 Friday hanyt BT-MCiA Kuala Lumpur ...587.05 4.11 I longkong Tokyo 26,292.04 +85.12 Sydney Ihursday (hang? New York 2.913.86 -3.71 l ondon 2,456.5 -8.124 words
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Article38 1991-03-30 1 London Gold AM fix Closed Rubber S pore Apr.... Closed M'sia Apr Closed KL Tin Turnover 30 tonnes -10 Spot MS 14. 89 /kg unch Crude palm oil Turnover 1,388 lots -1,702 Apr MS 789/tonne f 1338 words
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535 1991-03-30 1 David Chew - From David Chew in JAKARTA INDONESIA'S two corporate giants, the Salim and Sinar Mas groups, have effected a major reorganisation in the plantation sector of their eight-year-old joint venture, PL Sinar Mas Inti Perkasa (SMIP) group, Sinar Mas executives disclosed earlier this week.535 words
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428 1991-03-30 1 Bernama THE Malaysian banking sector recorded a sharp rise of 50 per cent in its unaudited pre-tax profit to a record M$ 1.827 billion last year, continuing another year ol excellent performance. Bank Negara, the central bank, said in itsBernama - 428 words
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294 1991-03-30 1 Anna Teo - By Anna Teo SINGAPORE has good potential to become a leader in the entertainment and leisure industry, surpassing even the regional movie production centres of Hongkong and Taiwan, says a visiting American film producer. "I'm talking about movie production, and also294 words
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Article, Illustration488 1991-03-30 1 Shoeb Kagda - Brazil suspends exports to consider position By Shoeb Kagda REGIONAL coffee traders are sceptical of a new trade pact emerging among the 75member International Coffee Organisation (ICO) following Brazil's dramatic decision last week to suspend collee exports. Brazil, the world's largest coffee producer, halted the488 words
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Page 1 Advertisements
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Advertisement185 1991-03-30 1 Nikon Tb« Vtorid'i Finest Photographic System. COVER JJF J OPINIONS SPORTS LIFESTYLE LIFESTYLE FINANCE Professor's Men, don't wait Secret of a A French |jj||.l !Vl< n da y Shopping for i P to show that boardsailor's t i_ Mt revisited at a gold. EL 5 'S# If you care. EL185 words
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Advertisement27 1991-03-30 1 Bank Negara chalks up Mslb in profits, Pg 5 Opportunities abound for investors, Pg 5 Inflation rises above 3pc for the first time since 1984, Pg 627 words
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Advertisement266 1991-03-30 1 Nikon TtwWbrid'tFinMt Photographic System. Today, one watch reigns supreme. > H Ultra-thin Royal Oak in 18kt gold, diamonds set bezel and full pave dul u tth 11 rubies. BA 66 144 722 BA Udies BA 56)42/47* BA Gents In 1972, the master watchmakers by eight hexagonal bolts. The perfect at266 words
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SINGAPORE – MALAYSIA COMPANY NEWS
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COMPANY BRIEFS
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62 1991-03-30 2 SYARIKAT Telekom Malaysia's group operating profit alter tax jumped 54 per cent to M 5562.2 million (*****.6 million) for the year ending December 1990. The higher profit was achieved on the back of a higher turnover of $2.57 billion, up from $2.14 billion in62 words
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Article61 1991-03-30 2 TIME Engineering Bhd posted an after-tax profit of MS 14.96 million (559.57) for the year ended December 1990, up sharply from a mere $367,000 in 1989. Turnover increased 76 per cent to $88.05 million. Earnings per share jumped from 1.6 sen to 39.3 sen. Net tangible61 words
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Article68 1991-03-30 2 UNITED ENGINEERS (M) saw its after-tax earnings surged 70 per cent to M 577.3 million (5549.5 million) for the year ended December 1990. Turnover rose 127 per cent to $332.2 million. Earnings per share crept up from 19.7 sen to 21 sen, while net tangible68 words
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Article52 1991-03-30 2 THE Pacific Bank Berhad reported a 25.6 per cent growth in group pre-tax profit to M$ 17.06 million (5510.9 million) for the year ended Dec 31, 1990, when compared to $13.57 million a year earlier. Group operating income also rose by 17.2 per cent to52 words
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Article59 1991-03-30 2 INDUSTRIAL Oxygen Incorporated Bhd has reported a group pre-tax profit of M 520.21 million (S$ 12.9 million) tor the half-year ended Dec 31, 1990 compared with $16.73 million in the previous corresponding period. Group turnover rose to $57.76 million from $50.27 million previously while investment59 words
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475 1991-03-30 2 Dexter Lee - Hotel Royal: second-half loss hampers growth: ANA: turnover rise fails to avert 1.1 m net loss By Dexter Lee THREE HOTEL groups Apollo Enterprises. Hotel Royal, and ANA Hotels Singapore enjoyed stronger turnover last year on the back of a tourist boom but reported475 words
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Article, Illustration143 1991-03-30 2 TIMES Publishing signed a \IS2 million (SSI.2 million) printing contract with Mandarin Publishers last night. The five-year contract re- quires Times' new printing plant in Malaysia, Times Offset, to print for Mandarin 2.4 I million copies of casebound j books per year. Mandarin143 words
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366 1991-03-30 2 Genevieve Cua - By Genevieve Cua FALLING tin prices dented the earnings of the cash-rich Straits Trading group for the year ended December 1990, in contrast to a solid performance in the previous financial year. After-tax earnings before extraordinary items slipped eight per cent to 535.1366 words
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216 1991-03-30 2 CON ST RUCTION-based Ciuthrie GTS reported a sharp rise in group after-tax earnings for the year ended December 1990. boosted by a 44 per cent rise in turnover and lower interest costs. However, group turnover at $91.5 million fell short of the SI 10216 words
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Page 2 Advertisements
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Advertisement24 1991-03-30 2 Are you another Conrad Raj? Men and women who want to know what the j 100,000 among them Singapore's top (i ol Business Times24 words
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REGIONAL COMPANY NEWS
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427 1991-03-30 3 Listing on Stock Exchange of Thailand likely by November Reuter STATE-OWNED Thai Airways International Ltd will raise one billion baht (Ss7o million) capital through its first public share offer this year and another two billion in 1992, vice-president for finance Thamnoon Wanglee said. HeReuter - 427 words
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Article666 1991-03-30 3 Prices (as at 28.3.91) Conversion terms Premium/ (discount) Expir) Amount Wrts Star* Instk Exer price Optional" us ing Gearing 4 Company issued (m units) Conv ratio Lnstk nom value Cash Cash' Lnstk* Date Mths left c&cwt Causeway Inv m 1.850 0.530 4.740 0.900 0.815 1.00 1.00666 words
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252 1991-03-30 3 SHARPLY reduced income from properly sales, coupled with higher interest expenses, have cut the earnings of New World Development by a steep 53.7 per cent to HK5352.54 million (SSBI million) for the six months ended December 31, the South China252 words
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187 1991-03-30 3 Reuter SEOUL has appointed a subsidiary of South Korea's own Samsung Corp, Samsung Aerospace Industrial Co. as main contractor in a deal to buy 120 F-16 Falcons from General Dynamics for about US$5 billion (Ss9 billion), the government said. A Defence Ministry spokesman saidReuter - 187 words
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285 1991-03-30 3 AT LFAST 105 large enterprises in Indonesia have agreed to sell part of their equity shares to cooperatives a year after President Suharto's call on business conglomerates last March to pass on their wealth to small businesses, said Minister of Cooperatives Bustanil285 words
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255 1991-03-30 3 AFP JAPANESE trading giant Mitsui and Co Ltd has bought 10 per cent of Hongkong flour miller Lam Soon Food Industries Ltd for about 700 million yen (558.96 million), a spokesman said on Thursday. The spokesman said the parent company andAFP - 255 words
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201 1991-03-30 3 Reuter AN AUSTRALIAN court cleared the way on Thursday for a scheme to try to keep debt-mired Bond Corp Holdings Ltd out of liquidation. The Western Australian Supreme Court ruled that Bond Corp be allowed to present the debt-for-equity proposal to itsReuter - 201 words
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Page 3 Advertisements
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Advertisement338 1991-03-30 3 BUSIN•Es S T I M E S TELEPHONE: 730 5771/5772/577 3 FAX: 734-4982 (jffi shUcy Finance Manager A Financial career with a subsidiary of a Fortune 500 US Health organisation with regional growth opportunities Shiley Singapore, a world leader in technology intensive medical products primarily for Open Heart surgery and338 words
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Advertisement691 1991-03-30 3 ANA to boost sales from international flights, Pg 4 American Virlines threatens legal action. PR 4 Boeing forecasts growing demand for jets in Fast Europe. Pg 4 Kay Hian James Capel Holdings Limited ANNOUNCEMENT The directors of Kay Hian James Capel Holdings Ltd (the "Company") wish to make the following691 words
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INTERNATIONAL COMPANY NEWS
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Article267 1991-03-30 4 Company yet to hear about AT&T's rejection Reuter NCR Corp chairman Charles Exley confirmed that NCR had proposed a merger with American Telephone Telegraph at US$llO (Ssl96) a share in talks on Wednesday. AT&T had announced late on Wednesday that it had rejected such a bidReuter - 267 words
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403 1991-03-30 4 Reuter ALL NIPPON Airways Co Ltd aims to boost sales from its international services to 300 billion yen (553.84 billion) by March 31, 1995, while maintaining its status as a flag carrier on domestic routes, ANA spokesman Isamu Eto said. "By the endReuter - 403 words
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226 1991-03-30 4 Reuter A GROUP of Missouri politicians said on Thursday that American Airlines was threatening legal action against anyone who tried to block its bid to buy six lucrative London landing rights from ailing Trans World Airlines (TWA). With the deadline to challenge the planned saleReuter - 226 words
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305 1991-03-30 4 Reuter AIRLINES in East Europe will buy an average of 12 or 13 new jets each year for the next 15 years to handle sharp rises in passenger traffic and to replace parts of their existing fleets, the Boeing Co forecast.Reuter - 305 words
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COMPANY BRIEFS
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Article64 1991-03-30 4 PERU has ended state monopolies as part of its economic programme to liberalise foreign commerce and guarantee free competition, the official newspaper Pernano said. It quoted a government decree published on Wednesday as saying stateowned firms could no long operate in an exclusive w 3y adding64 words
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Article83 1991-03-30 4 ELSEVIER NV confirmed that it is to buy scientific publisher Pergamon Press from Maxwell Communication Corp pic for £440 million (551.36 billion) in cash. "The sale agreement provides for the sale of the entire issued share capital of Pergamon. certain assets relating to the journals83 words
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Article48 1991-03-30 4 FIAT SpA's railway subsidiary Fiat Ferroviaria has been awarded a contract to prov ide six of its Pendolino trains to the state railways. A Fiat spokesman said a letter of intent for the order had been signed, but financial details were not available.48 words
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Article42 1991-03-30 4 MARUBENI (America) Corp. a wholly-owned unit of trading firm Marubeni Corp. will sell bilingual computers made by US Apple Computer Inc to subsidiaries of Japanese companies in the US. Marubeni and Apple are still working out other details.42 words
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Page 4 Advertisements
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Advertisement3445 1991-03-30 4 NANYANG FINANCE LIMITED AND ITS SUBSIDIARY COMPANY BALANCE SHEETS AS AT 30 SEPTEMBER 1990 I Percentage of l 10 DCVB.OMBIT PROPERTKS I OWO*** I SubmxHmrt Principal equity heM The jmourk -rp<es««*s devtlopm.n< cost Xicurrw! I Mo*e two 1«H IMO 19M C°n*>any ertwmee Coe< te Cwnpeny I 7 I I IWO3,445 words
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FINANCIAL NEWS
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542 1991-03-30 5 Bank Negara 1990 annual report Bernama BANK NEGARA Malaysia chalked up a profit of M$ 1.073 billion (***** million) last year, 9.9 per_ cent higher than the profit of M 5976.6 million recorded for 1989. The central bank said in itsBernama - 542 words
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Article121 1991-03-30 5 Reuter LLOYDS BANK NZA Ltd said it posted a net loss of U5561.95 million in calendar 1990 after making provisions of US$47.O million for doubtful debts and writing down a US$l4.5 million future income tax benefit taken in 1989. The bank, wholly-owned by Lloyds BankReuter - 121 words
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450 1991-03-30 5 BANK NEGARA aims to bring down gradually the growth in money supply "to a level where economic growth can be sustained without fuelling the embers of inflation". The central bank says in its 1990 annual report that the thrust of450 words
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537 1991-03-30 5 Reuter SIGNS of a sluggish labour market in the March US employment report, due on April 5, could be the catalyst for a round of interest rate cuts by the Federal Reserve, economists said. Although some anecdotal evidence suggests the USReuter - 537 words
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Article, Illustration343 1991-03-30 5 Quak Hiang Whai - By Quak Hiang Whai THE US dollar will surge towards the 551.82 level within the next six to eight weeks and could even test S$ 1.88 in four to six months, according to US-based chartist Thomas Aspray. In anSource: TeleTrac - 343 words
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SMALL CHANGE
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95 1991-03-30 5 BANK OF NFW YORK Master Credit Card Trust, a unit of The Bank of New York Inc. issued US$7OO million of securities backed by Visa and MasterCard credit card receivables via First Boston Corp. underwriters said. Lehman Brothers and Dean Witter Reynolds Inc95 words
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89 1991-03-30 5 ISRAEL'S United Mizrahi Bank Ltd has reported a 42 per cent drop in net profits to 6.1 million shekels in 1990 from 10.5 million in 1989 due to a lower valuation of its buildings, bad debts to farmers and lower margins. Mizrahi was nationalised after89 words
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Article70 1991-03-30 5 NATIONAL Bank of Canada president Andre Berard said 1991 net income should rise slightly from 1990's income of USS 170.32 million. Loan losses may rise in the second quarter from the first quarter because of Canada's recession, but National Bank will meet its maximum loan70 words
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Article84 1991-03-30 5 FIDELITY National Financial said it signed a letter of intent to acquire certain title insurance operations from Meridian Bancorp, "it will be a book-value transaction," a Fidelity spokesman told Reuters. He said the operations being acquired had a book value of approximately US$35 million, subject84 words
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Page 5 Advertisements
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Advertisement214 1991-03-30 5 BUSINES S T I M E S TELEPHONE: 730-5771/5772/577 3 FAX: 7)4-4982 I Haw Par Merchant Bankers Ltd, a subsidiary of Haw Par Brothers I International Ltd, seeks suitably qualified candidates for the position of: I ASSISTANT MANAGER I INVESTMENT DIVISION I The Job I The selected candidate will be214 words
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Advertisement39 1991-03-30 5 Have a burning desire opportunities elsewhere Know there must SUCCGGQf beabetterway of doing things .-jejk At the cross-roads your career ■wtQU Your personal llClilllllM <°py of 100 ■HLXIUUUfI Tips to Dress Right for Corporate Success with Sthis launch issue39 words
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Page 5 Miscellaneous
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THE REGION
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NOTE BOOK
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69 1991-03-30 6 THE international telecommunications company, lntonet, has set up an office in Kuala Lumpur to provide local telecommunications service and support tor its multinational customers in Malaysia. The Infonet network is accessible in more than 100 countries for worldwide data, electronic mail, fax and69 words
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Article111 1991-03-30 6 VIETNAM hosted some 250 000 overseas visitors in 1990, officially designated Vietnam's Year of Tourism, 14 per cent more than in 1989, the Hanoi Moi newspaper reported on Thursday. Tourism brought in 650 billion dongs (SSISI million) during the year, including US$29 million (Sss2 million) in111 words
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Article73 1991-03-30 6 CARETAKER Prime Minister Anand Panyarachun has pledged to impose a value-added tax (VAT) on goods manufactured in Thailand and restructure tariffs on imports, officials said yesterday. The officials in the prime minister s office quoted him as saying during a visit to the Finance73 words
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Article72 1991-03-30 6 BEER-BASED multinational San Miguel Corp and its subsidiaries were the Philippines' top tax payers in 1990, paying a total of 9.65 billion pesos (Ss7oB million), a company statement said yesterday. The amount, equivalent to 6.5 per cent of the national tax collection last year, was72 words
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Article85 1991-03-30 6 TWO drug warlords retreated deeper into Burma yesterday after Thai forces pounded their bases with bombs, artillery, rockets and machinegun fire. "They have pulled back and we are satisfied," a Thai officer told reporters at operations headquarters in this northern Thai village. He said any insurgents85 words
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417 1991-03-30 6 Bank Negara 1990 annual report Bernama MALAYSIA has the fundamentals to attract private investment in its economic development process in the 1990s with opportunities abounding for domestic and foreign investment in the primary, secondary and tertiary sectors, Bank Negara says. The government's role lies inBernama - 417 words
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406 1991-03-30 6 Bernama MALAYSIA'S rate of inflation as measured by the consumer price index rose by 3.1 per cent last year, exceeding the three per cent level for the first time since 1984, says Bank Negara. In its 1990 annual report, theBernama - 406 words
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248 1991-03-30 6 Bernama MALAYSIA'S overall balance i of payments position improved to show a record surplus of M 55.4 billion (553.5 billion) last year, despite a much larger deficit in the current account balance of payments. Bank Negara says. The central bank adds in its 1990Bernama - 248 words
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259 1991-03-30 6 AFP THE international credit card has finally reached Communist Laos, where the ruling party has for the first time announced plans to promote tourism in the isolated nation. Visa card holders can now use plastic to pay for services at showpiece Lane Yang Hotel,AFP - 259 words
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SHIPS IN PORT
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Article502 1991-03-30 6 Vossd Voy Hi Berth Arrival Dqartw Vessel Voy No Berth Arrival Departive Keppd Wharves Gn At Cebeso 1/91 K34 alongside 3103/0800 lampung ***** K33 alongside 29.03/2200 Ronghuashan 91/2 K31 alongside 0104/0600 Trade Far 91/2 K30 alongside 04.04/0600 Xianghai 0345 R32 alongside 02 04/2300 Cora Pcess 016 (P)502 words
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Article904 1991-03-30 6 RECEIVING OF EXPORT FCL CONTAINERS AND La CARGO Record BoaMng/Babnce Rsih Ship Voy No Etb/Btr Period From To From Ad Goncharov 1/SI91 01/2300 2 29/1700 30/0659 30/0900 4 30/1200 30/1459 30/1/00 Aka Bhum 477N 31/0900 1 29/1500 29/1659 29/1900 3 30/0700 30/1159 30/1400 4 30/1200 30/1459 30/1700 Mk904 words
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Article266 1991-03-30 6 Penang Port Berth n Butterworth on March 30: 1 rwl, 2 Ocean Happy 3: Malayan Princess; 4 nil, 5: Malaka Bay; 6 ml Perur* Wharf; NB Chin Tsair Jin; CB Victory. Bintang Mekar SB Universe BCT Bl Star Jasmine, Bll Pernas Suasa; l/B ml VOIP nil Due266 words
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THE WORLD
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390 1991-03-30 7 Administration makes rare departure from hands-off policy NYT THE United States Commerce Department has picked for special federal trade assistance 20 American companies willing to make a long-term commitment to develop the Japanese market. TTie move is unusual for an administrationNYT - 390 words
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430 1991-03-30 7 Reuter YUGOSLAVIA'S latest efforts to end its deep political crisis ended in disagreement and strengthened the resolve of one of its six republics to secede. The presidents of the republics held a seven-hour crisis summit in the Adriatic port city of Split on ThursdayReuter - 430 words
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Article212 1991-03-30 7 Reuter THE South Korean government is changing credit controls affecting the country's conglomerates, or chaebols, to help improve international competitiveness. Under a new set of guidelines, ceilings imposed on banks' total lending to the chaebols will be based on the conglomerates' total borrowing insteadReuter - 212 words
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634 1991-03-30 7 Bank Negara 1990 annual report Bernama THE world economy is expected to slow down this year as the US and the UK have entered into recession in late--1990 while Japan and Germany are facing a tightening of monetary policy. Bank Negara says. The MalaysianBernama - 634 words
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Article, Illustration47 1991-03-30 7 Firemen at the US embassy in Moscow preparing to put out a fire started in a lift shaft currently under construction. The fire engulfed the upper floors on Thursday, forcing the evacuation of more than 400 diplomats and employees. AP picture AP pictureAP picture - 47 words
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219 1991-03-30 7 Reuter rwo key barometers of Japan's economy released yesterday suggest that inflation may be moderating, but overall economic conditions remain tight, economists said. Consumer prices in the Tokyo area for March climbed 0.3 per cent from a month earlier and rose 3.7 perReuter - 219 words
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WORLD WATCH
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102 1991-03-30 7 WHILE some countries in East Europe are making rapid economic reforms, the Soviet Union seems to be going back in part to its old system, a top official of the Organisation for Economic Co-operation and Development said. Salvatore Zecchini. the OECD's assistant secretary-general, said Moscow102 words
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Article97 1991-03-30 7 THE Latin American economy declined 0.5 to one per cent in 1990 but there is reason for hope that it will strengthen this year, the president of the Inter-American Development Bank said. Speaking with reporters ahead of this year's annual bank meeting in Nagoya, Japan. lADB97 words
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Article86 1991-03-30 7 SOUTH KOREA'S annual trade with China could reach about US$lO billion in the next five years if the two countries cooperate, the head of China's new trade office in Seoul said. Xu Dayou arrived on Thursday in Seoul to begin preparations for the opening of86 words
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Article74 1991-03-30 7 VICTORY is not in sight yet in the war against inflation, the International Labour Organisation said. In 28 industrialised and developing countries the rate of inflation was higher in 1990 than in 1989, a survey by the Geneva-based labour body showed. More disturbing was the74 words
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Article96 1991-03-30 7 THE Lebanese government has ordered the disbanding of all Christian and Muslim militias, whose gunmen have done most of the fighting in the civil war that debilitated the country for 15 years. The decision was made in a seven-hour meeting of President Elias Hrawi's Cabinet on96 words
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Article306 1991-03-30 7 Reuter AMERICAN and Japanese officials are struggling to cope with ties strained not just by conflicts of interest but also by attempts to change their patron-client relationship, political analysts say. "On the surface, US-Ja-pan relations are still very immature," said Jesper Koll, economist at SGReuter - 306 words
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Page 7 Advertisements
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Advertisement141 1991-03-30 7 FOR SALE BY TENDER M E9 K 20 U i AA W/F Milton pariz^ BOWRAI„NEWSOITHWALES,AUSTRALIA im. "Australia'spremier convention destination." Championship 36 hole golf course under construction. Nestled in 870 acres of forest and parkland the l-state features: The Hotel accredited by the prestigious Relais et Chateuax Group as one of141 words
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KUALA LUMPUR STOCK EXCHANGE
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Article, Illustration4112 1991-03-30 8 Support from index-linked counters boosts prices Bernama SHAKE prices closed in quiet trading yesterday as most market players stayed on the sidelines in the absence of leads from a number of markets which were closed for the Good Friday holiday. However, support forBernama - 4,112 words
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Page 8 Advertisements
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Advertisement301 1991-03-30 8 BUSINES S T I M E TELEPHONE: 730-5771/5772/5773 FAX: 734-498 it Singapore Press Holdings GROUP COMPANY SECRETARY/ LEGAL ADVISOR SPH is the largest newspaper and magazine publishing group in the region. The 6th largest company listed on the Stock Exchange of Singapore, it consistently achieves impressive financial results. It believes301 words
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TOKYO STOCK EXCHANGE
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Article, Illustration2245 1991-03-30 9 Reuter TOKYO stocks closed firmer in dull trade yesterday. Investors found many reasons to sit it out yesterday among them a weak yen. Good Friday market holidays overseas, lack of participation by institutions and foreign players, and plain old inertia before the weekend. "ThisReuter - 2,245 words
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Article2591 1991-03-30 9 Australia A Cents VolfOO) M«r 28 AC Minerals 72 2 5696 ACM Gold 36 unch 4712 ANZ Bank 337 2 ***** Aberfoyle 380 +10 15 Add Stm 32 2 2508 Advancc Bank 540 F 6 1605 Alcan 147 2 5510 Amcor 466 I 7473 Ampol Ex 262 2 803 Argo2,591 words
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Page 9 Advertisements
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Advertisement36 1991-03-30 9 Prices for Tokyo are provided by Telerate The following markets were closed yesterday for Easter holiday: Hongkong, Australia, Manila, New Zealand, Bombay, Taipei and Jakarta Your search for EXECUTIVE OPPORTUNITIES begins with the EXECUTIVE APPOINTMENTS page36 words
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WORLD STOCK MARKETS
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Wall Street ends quarter with little fanfare
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Article, Illustration1282 1991-03-30 10 WITH a long holiday weekend looming, Wall Street closed out the last day of the quarter with little fanfare. Share prices posted a mixed performance on the lowest turnover in two months. For the quarter, the Dow rose about 280 points, their biggest quarterly point gain in four1,282 words
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Article, Illustration810 1991-03-30 10 UK SHARES are expected to trade quietly in narrow ranges next week in the absence of a fresh cut in UK interest rates, but the market will be wary of further rights issues, analysts said. "In the near term we're looking for things to be pretty flat," said Warburg810 words
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Article269 1991-03-30 10 DUTCH shares closed a shade firmer as investors squared off positions ahead of the long weekend, dealers said. "Its hard to say what will happen next week, some people are going long on index futures, some short," said dealer Norbert Verdijn at brokers HPD EfTecten. The CBS general tendency269 words
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Article94 1991-03-30 10 March 28 lov Pre»i<w> NEW YORK |)o«jonn 2.913 86 2.917 57 -J 71 NYSK Financial 148.94 148 42 M)0_ SAP $00 175.22 375 35 -0.13 Turnover (milium) 151 203 LONDON Financial rimes 30 1.953.9 1.965 9 f-*TSK ioi) 2.456.5 2.464 6 -8 I Turnover (million) 544.9 563 2 -18 394 words
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Article227 1991-03-30 10 BELGIAN share prices eased back slightly on Thursday in slow pre-holi-day trading after five consecutive sessions of gains. But dealers said the market was still on a sound footing because Belgian interest rates had declined and the outlook is for strong economic growth this year. "We think that increased227 words
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Article319 1991-03-30 10 TORONTO stocks on Thursday ended a bullish first quarter on a quiet note, closing moderately higher after fluctuating within a narrow range, dealers said. "There really hasn't been any trend (today)," said Greg Burley, head of institutional trading at Sanwa McCarthy Securities Ltd. The composite index unofficially closed up319 words
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Article213 1991-03-30 10 LATE afternoon arbitrage between stock index options and underlying shares drove the Paris bourse to a twoweek closing high, dealers said. The CAC-40 index ended at 1.816.36, up 19.30 points or 1.07 per cent and its highest close since March 14. Volume was a moderate 2.1 billion francs. Dealers213 words
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Article361 1991-03-30 10 JOHANNESBURG stock market ended a dull Thursday showing hardly any change from Wednesday's easier levels, with dealers blaming the low level of activity on the approaching Easter holidavperiod and a lack of anv incentives. "Ine JSE All-Gold Index slipped a shade further to 972 from from Wednesday's weak 974361 words
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Article354 1991-03-30 10 Reuter SWISS share prices ended little changed in light volume on Thursday after losing earlier gains on mild profit-taking, dealers said. The continuing strength of the dollar and increased optimism that Swiss money market rates will decline at the start of the second quarter underpinned sentiment at the outset,Reuter - 354 words
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Article151 1991-03-30 10 THE German shares on Thursday posted a surprisingly strong end of the quarter rally on the back of foreign buying of blue chips and car stocks. The 30-share DAX index finished up 14 points, or 0.9 per cent, to 1,522.80, its highest closing level since March 19. Frankfurt MAR151 words
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Article99 1991-03-30 10 SWEDISH share prices marked time in thin pre-holidav trading, influenced by political tension in the Soviet Union and some market reassessment of the likely gains to Swedish industry from a stronger dollar. The top-16 index eased 0.2 per cent to 1,004.9 while the all-share index gained 0.2 per cent99 words
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Article133 1991-03-30 10 Milan \1AR 28 I ire Assficn ***** f 710 Rastogi 275 I Fiat S547 117 Finsider ...f su\p Hi Priv ***** f ***** Italccmcnti Ord ***** f 50 Italgas 2950 4 30 Magnet i M If 862 II Mediobanca ***** 540 Miralan/a Mondadori I'm susp Montedison 1526 I 1 Olivetti133 words
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CURRENCY, MONEY & FUTURES MARKETS
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528 1991-03-30 11 Contract faces stiff competition from Liffe Reuter THE NEW three-month Euro Swiss franc futures trading on the Swiss Options and Financial Futures Exchange (SofTex) has made an encouraging start, market participants said. "So far the contract has developed pretty well. It's aReuter - 528 words
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467 1991-03-30 11 Reuter LUXEMBOURG has circulated a paper to the European Community treaty conference on a single currency which moves towards the German demand that there be economic convergence before proceeding with EC monetary union. EC diplomats said that the Luxembourg EC presidency was suggesting thereReuter - 467 words
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523 1991-03-30 11 Reuter Tokyo: THE DOLLAR yesterday ended down against most major currencies in a thin, quiet market on the last trading day of many Japanese corporates' fiscal year. Holidays in most major overseas markets yesterday also kept trade subdued, dealers said. The mark rebounded some againstReuter - 523 words
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COMMODITIES
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292 1991-03-30 11 YEN-DENOMINATED gold futures yesterday closed mixed, with prices ranging from seven yen per gram easier to three yen firmer. Benchmark February was one yen easier at 1,689. The market was mostly firmer mainly on the dollar's strength against the yen overnight, dealers292 words
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Article865 1991-03-30 11 Palm Oil KICE PALM runits Mar 29 Delivery Opening Sett Av T/over Op Month Buying Selling Price Price High Low (lots) llOOhrs Apr 91 769N 789N 789 783 789 7fio 99 553 May 91 776N 786N 788 785 790 783 80 1954 Jun 91 770 776 781 777 782 771865 words
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Page 11 Advertisements
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Advertisement374 1991-03-30 11 NOTICES FALCON FIBREGLASS PTE LTD (in Voluntary Liquidation) NOTICE IS HEREBY GIVEN that the Creditors of the abovenamed Company are required on of before the 30th day of April 1991. to send their names and addresses, with particulars of their debts or claims, and the names and addresses of their374 words
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Advertisement26 1991-03-30 11 FEATURE MIXED MARRIAGES: WHAT MAKES ME TWITCH Marrying someone of another colour and culture imposes heavy strains on a marriage, as four women reveal. APRIL ISSUE26 words
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Advertisement7 1991-03-30 11 Innovation Technology in Business Times on Tuesday7 words
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Article, Illustration475 1991-03-30 12 S N Vasuki - Four areas identified for investments by Singapore companies From S N Vasuki in CAIRO EGYPT'S General Authority for Investment, the country's licensing body for domestic and foreign investment, will be sending a delegation to Singapore this September to explore business opportunities. The visit,475 words
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250 1991-03-30 12 Reuter SOUTH KOREA'S economy grew a robust 9 per cent in 1990 from 6.8 per cent in 1989 in spite of sluggish exports and setbacks in the farming sector, the Bank of Korea said yesterday. The 1990 growth was fuelled mainly by domesticReuter - 250 words
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Article72 1991-03-30 12 AP THAILAND'S new interim National Assembly, formed after last month's coup and dominated by members of the military, formally opened yesterday. The 292-member legislative body was announced earlier this month under a March I interim constitution. It is empowered to make laws and appoint a 20-mem-ber committeeAP - 72 words
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319 1991-03-30 12 THOUGH Egypt has been severely hit by the Gulf crisis, the country's economic policy makers are steering the country ahead on the path of liberalisation. According to analysts in Cario, both America and the International Monetary Fund have been more than gentle in insisting that319 words
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Article, Illustration303 1991-03-30 12 Reuter HARDLINE communists pushed Russian Federation leader Boris Yeltsin into a political corner yesterday, deleting a proposal to create an executive presidency for his republic from the agenda of a key parliamentary session. The Communist Party daily Pravda unleashed a torrent of criticism againstReuter - 303 words
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Article, Illustration68 1991-03-30 12 A Volkswagen's operational research vehicle, the hutura, preparing to park itself in a tight spot in New York's Central Park on Tuesday. With a push of a button, the prototype car's steering wheel turned and the car moved around until it was perfectly parked. The carAP picture - 68 words
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132 1991-03-30 12 SINGAPORE AIRLINES has secured traffic rights from Egypt's Civil Aviation Authority (CAA) to operate in the Dubai, Cairo sector. CAA chairman General Ali Ziko said that SlA's application was approved yesterday and the carrier will probably start operations in June. Egypt Air,132 words
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199 1991-03-30 12 UPI Reuter GENERAL Norman Schwarzkopf said yesterday he had apologised to President George Bush for comments which suggested he disagreed with the decision to halt the Gulf War. "I apologised to the president," he told reporters in Riyadh. "I am extremely sorryUPI; Reuter - 199 words
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401 1991-03-30 12 Abdul Hadhi - From Abdul Hadhi in KUCHING MALAYSIAN exports of liquefied natural gas (LNG) are making inroads into the South Korean market. To meet the new demand, Malaysia is considering expanding its LNG output, said Sarawak's Minister for Industrial Development, Datuk Haji Abdul Rahman Tun401 words
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Article246 1991-03-30 12 Reuter SOME Vietnamese and foreign residents will have to pay between 10 and 50 per cent of their salaries in taxes under an amended income tax law published in Hanoi newspapers on Friday. It is communist Vietnam's first such income tax ordinance and is meantReuter - 246 words
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Page 12 Advertisements
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Advertisement14 1991-03-30 12 ICHARTPOINT Every Saturday in Business Times Seoul gives big business a boost, Pg 714 words
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Advertisement242 1991-03-30 12 CHARTPOINT Every Saturday in Business Times Oxford Polytechnic School of Business Wolsey Hall Oxford The Oxford Polytechnic School of Wolsey Hall Oxford has an inBusiness has established a reputation tcrnational reputation tor the clfecfor fulfilling the needs of business civeness of ils distance learning courses organisations by working in close242 words
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Executive Lifestyle
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Article, Illustration1697 1991-03-30 13 Anna Teo - What does a Harvard professor have in common with sex, lies and videotape? If the prof is John Kao, then he's also co-producer of the movie. Here to attend the Film Festival, he tells Anna Teo why he eschews the Hollywood Game. Anna Teo AMID the glitter1,697 words
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STRAWS IN THE WIND
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Article66 1991-03-30 13 HOW times have changed, or maybe not... Strolling through a Times The Bookshop outlet the other day, a colleague picked up a book called Tales From a Headhunter, expecting some juicy corporate gossip. She was about to pay for the book when she realised it was66 words
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Article47 1991-03-30 13 THERE must really be a lot of lost treasures in Indonesian waters. There is even a government department called "The National Committee for Lifting and Disposition of Treasures from Sunken Ships". However, who does the lifting and the disposing is frequently a matter of dispute.47 words
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Article38 1991-03-30 13 DID you know that actress Joan Chen has an artist brother named Chase? Maybe he enjoyed watching Chevy Chase movies a lot. Either that or he likes Polish names like ChekofT he calls himself Chase ChenofT.38 words
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Article56 1991-03-30 13 COULD this be a coincidence? The title of the next art exhibition at the British Council is: Shared Values. Perhaps we can all learn some core values there too. Do you have a straw to share with us? Send your contributions to: Lifestyle Editor, Business Times,56 words
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OPINIONS
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774 1991-03-30 14 Bijalpita Banerjee - Bijalpita Banerjee tells the men: Be generous with those flowers Bijalpita Banerjee The writer is a magazine editor A few nights ago, a handful of men, mostly with just a hint of tears in their breaking voiees, publicly declared undying love for774 words
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384 1991-03-30 14 I A Maclean - I A Maclean I READ with interest the article by Damian Hong and Albert Poon "Will Singapore become an attractive place for a holding company?" (BT, March 22). The government's budget announcement of intent to allow overseas dividends to be passed on by384 words
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Article, Illustration1179 1991-03-30 14 Jaime Ee - The trouble with the new film classification system, argues Jaime Ee, is that it doesn't go all the way Jaime Ee The writer is the editor of Executive Lifestyle SO you thought the emancipation of the adult moviegoing public was finally underway via film1,179 words
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SPORTS
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280 1991-03-30 15 Reuter VETERAN Yugoslav soccer coach Bora Milutinovic took over as head coach of the US national team on Wednesday and vowed to win the World Cup when it is played on American soil in 1994. Milutinovic, 46. insisted he was not joking inReuter - 280 words
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Article, Illustration647 1991-03-30 15 Cassandra How - Cassandra How meets world boardsailing ehampion Stephan van den Berg Cassandra How ALL his life, Olympian Stephan van den Berg has loved the sea. His parents brought him up on a houseboat, where he was lulled to sleep by the waves and fed with seafood fresh647 words
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432 1991-03-30 15 AFP INDIA'S ageing tennis star Ramesh Krishnan will have his work cut out for him when he returns to the Davis Cup after two years of self-exile. Krishnan, ranked 84 in the world, is certain to pla> the singles in the Asia-Ocea-nia group oneAFP - 432 words
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Article, Illustration380 1991-03-30 15 AP OTHI-R players may laugh .tl Amy Alcott's strange assortment of clubs. hut she doesn't mind a bit. Alcott prefers to stick with the tried and true. She"-, uon 2X tournaments and nearly US$2.5 million (Ss4> mil lion) with the same irons.AP - 380 words
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SIDE LINES
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104 1991-03-30 15 NEW ZEALAND'S "no fault' accident compensation system under which the state pays for sports injuries maybe be axed, Finance Minister Ruth Richardson said. Her suggestion immediately raised fears among rugby clubs that the country's rugby greatness might sutler as a result. Since 1974,104 words
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Article99 1991-03-30 15 BETSY KING, who began defence of her Dinah Shore invitational title last Thursday, considers loneliness a by-product of success on the LPGA tour. "You're under a glass," said the 35-vear-old winner of 23 LPGA tournaments. "Ninety-nine per cent of the people in the world don't99 words
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Article109 1991-03-30 15 FRENCHMAN Alain Feutrier joined some elite company on Wednesday when he won the men's US Giant Slalom Championship at Stowe's North Slope. Feutrier led a European sweep of the first four places in a race that was shifted from Colorado to Vermont more than a month109 words
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Article69 1991-03-30 15 MONGOLIA will launch an international motor rally in August and has invited competitors from 52 countries to test their endurance, the Xinhua news agency said. The race was expected to take nine days and cover 6,000 km in the landlocked Asian country covered by the69 words
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Article140 1991-03-30 15 THE controversial dismissal of Australia's Dean Jones in the second cricket test against West Indies is unlikely to have been decisive in the context of the match. The fourth-day incident on Wednesday, roundly condemned by Australian coach Bobby Simpson, has already detracted from an excellent bowling140 words
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Article1075 1991-03-30 16 City Flight ETA Flight ETD Adelaide SQ228 1910 Qf82 2115 Qf81 2010 Amman RJ83 0350 Amsterdam SQ23 1345 KL838 2150 KL837 1505 SQ24 2215 Athens 0A471 0015 Auckland NZ21 1720 NZ22 1830 SQ338 2030 BA12 2155 Bahrain GF148 0915 Bandar Seri BI421 1105 SQ182 0915 Becawan1,075 words
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THE TRAVEL PAGE
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Article, Illustration531 1991-03-30 16 POSTCARD FROM SAN FRANCISCO APA Publications (HK) Ltd First, a walk around Nob Hill. Then a cablc car ride to Embarcadcro. After that, it's Berkeley by the Bay Area Rapid Transit (BART) and lunch at Cafe Pastoral. This would be the perfect itineraryAPA Publications (HK) Ltd - 531 words
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Article152 1991-03-30 16 As at 3pm yesterday: Local dollars to one unit of foreign currency Currencies Bid Offer Australian dollar 1.386 1.4060 Canadian dollar 1.S3S l.SSS NZ dollar 1.043 1.073 Sterling pound 3.105 3.125 US dollar 1.7950 1.8050 Local dollars to 100 units of foreign cmtcbc) Austrian schilling 14.70 15.70152 words
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Article32 1991-03-30 16 WE INTRODUCE a new column today that brings you the latest tra\el tips. Travel Slices will be published twice a week every Saturday, in our Weekend Edition, and every Wednesday.32 words
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Article63 1991-03-30 16 THE Conrad Hotel in Hongkong is offering 40 per cent oft published room rates until April 31. Single/double rooms start at $195 a night, while the bedroom executive suites start from $465. Opened in August 1990, the hotel is located close to the Pacific Place shopping63 words
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Article75 1991-03-30 16 THE 127-room Mansion Kempinski hotel in Bangkok, which opened in January, has an introductory discount ot 30 to 35 per ccnt off published rates. The offer is on until April 30. Prices arc $240 for the single occupancy "Diplomat Suite", rising to $360 for a single75 words
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Article94 1991-03-30 16 DIRECT train services between Tokyo's Narita International Airport and downtown Tokyo Station started this month. Previously, taking the train involved a shuttle bus transfer from the airport to nearby railway stations. The new nonstop Narita Express Train (JR Ncx) will take 50 minutes 30 minutes faster94 words
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Article199 1991-03-30 16 Duration Title Venue Organiser Tel Duration Title Venue Organiser Tel April Expo-Opt ica Spain IFEMA .********** April International litrccht. koninklijke (31)*****91 15-19 Packaging Netherlands Nederlandse April 17th International Centra lundacion El (541)*****25 Exhibition Jaarbeurs 5-22 Book Eair Municipal dc Eihro April International Zagreb. Zagrebackt ********** Exhibition Exposiciones.199 words
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PERSONAL FINANCE & INVESTMENT 1
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Article, Illustration885 1991-03-30 17 Norbert Walter - The current strength of the greenback might just be a short-term surge, argues Norbert Walter Norbert Walter The writer is the chief economist of Deutsche Hunk IN CONTRAST to the established trend, the US dollar has surged in recent weeks, while the German mark885 words
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Article861 1991-03-30 17 Chew Eng Han - Chew Eng Han helps you pick the gold product that matches your needs Chew Eng Han The deluge of gold investment products often leaves potential investors confused as to which is the most suitable or lucrative choice. The individual is presented with a whole array of possibilities in861 words
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DON'T QUOTE ME!
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88 1991-03-30 17 IT IS a minor mystery of life why listed companies whose financial years end on Dec 31 insist, year after year, on waiting until the last few days of the maximum allowed grace period of three months before releasing their results.88 words
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Article93 1991-03-30 17 IN THE middle of October last year, RMCA Reinsurance was still sounding confident about its future. In its annual report, chairman Lock Sai Hung said that despite a $9.8 million loss for the last financial year, the company was financially healthy and sound and he was confident93 words
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Article50 1991-03-30 17 HIND HOTELS International doubled its net tangible asset backing per share to 52.20, mainly through a revaluation that added $70 million to the value of its hotel along Tank Road. This looks wonderful on the balance sheet, but it makes Hind's return on assets employed less impressive.50 words
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Article65 1991-03-30 17 BORROWINGS of Inno-Pacific Holdings at the end of last year totalled $45 million. The figure does not include $36 million of outstanding loan stock, half due at the end of 1992 and the balance in 1994. Apparently, a few merchant bankers have been sniffing around, putting to Inno-Pac65 words
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Article121 1991-03-30 17 CITY Developments, which is expected to release its results on Monday, will be dragged down by its Hongkong hotel arm, CDL Hotels. The Hongkong company has just announced a bottomline loss of HK$ 10.76 million (552.4 million) in its first full year of operations. This121 words
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Article67 1991-03-30 17 BONVESTS, which saw a setback in its retail business, is quite pessimistic about the sector. In looking to the current year, it said prospects are mixed "largely because of the continuing weakness in the retail market". It looks like Metro made the correct move67 words
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EPICURE
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Article, Illustration636 1991-03-30 18 Quek Swee Peng - Quek Swee Peng warms up to the world of weekending Quek Swee Peng PRACTITIONERS of the art of weekending forget very readily such things as work, the office, income tax, property tax. Two days in a week, they break away from the regimen of the workPunch - 636 words
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LIFESTYLE
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Article, Illustration609 1991-03-30 19 Claire Leow - A romantic story, in French. That's what Cyrano de Bergerac is, and much more: a tragic tale of self-creation and self-destruction that can be enjoyed on many levels, writes Claire Leow Claire Leow French actor Gerard Depardieu may be facing feminist ire for alleged comments that he609 words
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Article, Illustration792 1991-03-30 19 N K Yong - WINE By N K Yong IN MAY 1976 a historic tasting was staged in Paris to compare Califomian and French wines in a paired blind tasting. The organiser of this audacious tasting was Steven Spurrier, an Englishman who at that time had the temerity792 words
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Article, Illustration417 1991-03-30 19 Sybil Holloway - BRIDGE By Sybil Holloway PLAYING in a friendly game of bridge the other day the N/S pair had stopped at 3NT, missing the cold Grand Slam playable in Spades, Clubs or NT (see deal below). The hand did look like a misfit but with so417 words
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TIME OFF
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Article257 1991-03-30 20 Bang Olufsen Music Festival 91 French Evening, with music by Saint Saens, C hausson, Ravel, Sarasate and Wienawski. Victoria Concert Hall. Tomorrow at S. 15pm. Pete Morton Trio Twcnty-thrcc-ycar-old Pete Morton has, during the past two years, established himself as one of the leading performers on the contemporary British257 words
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Article, Illustration245 1991-03-30 20 K Jayanti - ompiled by K Jayanti Serendipity Sri Lankan artist Charita Ciunawardena exhibits 40 j paintings, mostly oil on canvas, highlighting scenes of daily life in her homeland. The Oriental llotel. Singapore. Atrium Gallery. April 5 to 21. I lam-7pm Floral Prints An exhibition-cum-sale of i watcrcolour floral prints by I245 words
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Article, Illustration523 1991-03-30 20 Dances With Wolves, k e\ in Costner dtvs a jig with a nervous wolf and is immediately baptised hv the Sioux with a Red Indian name. If you think that's intriguing, eonsider the tact that this threehour Western, directed by Costner himself, also won him Oscars for Best Director523 words
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Page 13 Advertisements
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Advertisement243 1991-03-30 13 i HISTORY IN TIME Xcu t< >n automatic in IK ct tf >UI orgtUd steel I'lancUirtum o/H'rnii u mdit nhmlly nit inhered. iMndmude IH it goltl MuMtinfu-lo automat u in IH ct /f Mor #tld/sleel Planetarium Copernicus The Planetarium by Ulysse Nardin combines with a pure The Planetarium indicates: stroke243 words
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Page 14 Advertisements
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Advertisement175 1991-03-30 14 LETTER TO THE EDITOR BT welcomes letters from you. Address them to: The Editor, Business l imes, 390 Kim Seng Rd, Spore 0923. letters should include your contact numbers. Only a few people will ever using only the finest materials, fixtures experience the depth of detail in this and fittings175 words
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Page 14 Miscellaneous
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Miscellaneous59 1991-03-30 14 DOONESBURY by garry trupeau KNOW HOW YUU BBCAJSC I PIPMYHOMZTHANKS FOR OPENING CAN OPBRAW IN THIS CJTY! WORK. IFOUNPOUTMHO THE THt VUR THAT'LL rr*s chaos cut th&b'. hjh&b postwar playbrs umpee. bajaar &e*2Oo I'M ABOUT TO M&S P DIP YOU 66T YOUR INVENTORY? M I MAPS The N&C&ftAM AR- IS59 words
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Page 15 Advertisements
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Advertisement49 1991-03-30 15 WINDHAM HILL MUSIC IS ART MUSIC ASK FOR GEORGE WINSTON WILLIAM ACKERMAN SCOTT COSSU MARK ISHAM PHILIP AABERG ALEX DE GRASSI LIZ STORY NIGHTNOISE MICHAEL HEDGES TUCK PATTI TURTLE ISLAND STRING QUARTET MORE ■fe,WINDHAM HILL CDS CASSETTES Marketed by $5 PONY CANYON SINGAPORE TEI *****92 DIFFERENT FROM THE REST49 words
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Page 16 Advertisements
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Advertisement42 1991-03-30 16 Kokkola? If s the real thing when you book Rnnair. With a superb twice-weekly service from Singapore direct to Helsinki and then on to everywhere in Europe from Kokkola to Co-Copenhagen. Call *****77 for details. We know Kurope (ram start to Finnish.42 words
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Advertisement126 1991-03-30 16 FOR SUCCESSFUL MANAGEMENT OF YOUR ■A■ |V #1 Stories on labour and its relationship with K9 I I I mkm management, management concepts in practice, J Cm profiles of leading managers in Singapore and relevant book reviews. I I O ENTERPRISE MANAGEMENT, in Business {j L Times every Monday, is126 words
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Page 16 Miscellaneous
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Miscellaneous255 1991-03-30 16 6 Not so much income from this armed vessel? (7-6) II I I I I I I i 8 I need another hundred to MB hM make paradise (6) 9 All the people listening to j i 1 j j j I an interview (8) H■ II Like ground formerly255 words
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Miscellaneous174 1991-03-30 16 World report Asia-Pacific Hi/Lo* Cond. Auckland 23/15 Shower. Bangkok 34/24 Showers Beijing 08/01 Cloudy Brunei 34/24 Fair Hongkong 23/19 Cloudy Jakarta 30/24 Showers Kuala Lumpur 33/24 Showers Manila 33/24 Fair Melbourne 26/12 Cloudy Perth. 27/13 Sunny Seoul 11/07 Fair Sydnev 29/14 Warm Taipei 25/20 Windy Tokyo 11/03 Sunny Wellington 22/13174 words
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Miscellaneous43 1991-03-30 16 BR~\ stof p&e. do lly \\~u£, cjj=anjing] SSSS®^" 05 p TOU SKI PftNTP\ST,C oT I DOU->/*WD n -J ;Fud om y .jvf) I J i rA cpj > T as »'y__ —gy—^i_ 0390 e EVE HI KG STANDARD CO. LTD If 2 IWI e«3^43 words
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Page 17 Advertisements
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Advertisement11 1991-03-30 17 Great Eastern Life I We take care of /ou for life11 words
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Advertisement511 1991-03-30 17 EXPRESS SHARE The exuictf way of turning shares into w tAe &Uot Quick and Easy. Get instant cash for your shares over the counter at any of our 28 branches Loans from $2,000 to $30,000 Borrow for one, two or three months Use the loan for any purpose No monthly511 words
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Page 18 Advertisements
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Advertisement205 1991-03-30 18 aiunw m IMIHi. BINE MID ENTERTAIN WHIBE TO WINE, DIME AND ENHBHIM WHIM TO WINE. DIME GENUINE PENANG FARE LET OUR PENANG CHEF INTRODUCE HER NEW RECIPES AT THE NEWLY RENOVATED PRINCESS TFRRACE CAFE THE PLACE FOR AUTHENTIC PENANG SPECIALITIES. A RENDEZVOUS FOR FINE MEALS AT CAFE PRICES. OR LIGHT205 words
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Advertisement251 1991-03-30 18 w nuime&s t CALIFOHNIAN CUISINE J TOO LA TE FOR BREAKFAST? TOO EARLY FOR LUNCH? Hr CALIFORNIAN 1 BUFFET J BRUNCH DELIGHTFUL HOT AND COLD DISHES. A JAZZ my BAND to put you in a merry morning "1/ MOOD. EVEN A LEGO PLAYGROUND 1 NEXT DOOR FOR THE SMALL ONES.251 words
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Advertisement215 1991-03-30 18 Il(Mke*i' Fast Cafe Plaza 0 I—3l Tuck into wholesome hawker fare and I lgj§|g J j indulge in local f-jidishes like nasi 11 Padang. Bak Kut Teh A *"s»"£«*> \7t and Rojak plus a I f eS >tt \7 vos vo o,k range of tempting desserts. __jAtonly $16++(Adult) $l° (C215 words
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Advertisement348 1991-03-30 18 i ."IL Add S wwliJi I -*3 I r sh Smorgasbord March 22-31 Lunch: Noon 2.30 pm Dinner: ~pm 10.30 pm Adult: Adult: S4S Child below 10: $18++ Child bekm 10: S23+ tt v serve the world to you at Ibe Belvedere. gj "O/Za,m/arin ill Im tIM traiKM* of Hi348 words
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Page 19 Advertisements
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Advertisement278 1991-03-30 19 AND ENTEBTAIN Brunch Is A Family Affair Every Sunday. djbutertu* (s>nu SUNDAY J BRUNCH: 11AM fIV $®T ADULTS iraA J6b V ~10C* HILDRKN Every Sunday, Hubertus Grill becomes the venue tor a great Sunday family outing. A scrumptious buffet spread is laid out for both grown-ups and children. il ANA278 words
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Advertisement155 1991-03-30 19 Bo* fAKMkA m mm B|' NISHIKI RESTAURANT FROM 21 MAR TO 21 MAY s'*" j Set amid« bought of cherry blossoms if where you can enjoy authentic Springtime delicacies Skillfully prepared for i this delightful season are grilled J lobster, salmon roe, ginko nuts, arkshell and rare treats of Chakin155 words
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Page 20 Miscellaneous
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Miscellaneous1721 1991-03-30 20 TODAY'S TV case 30 The New 111 Show. ■■■yLijIXBHH A Perfect Spy 1 35 AM Close 10.05 The Bugs Bunny Show Madu Tiga, 3pm, SBC 5 Super Force, Bpm, SBC 5 a miH>n This is a P Ramlce comedy jhc a sci-fi series Tama* Nuri (Children) about a man smitten1,721 words
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Miscellaneous767 1991-03-30 20 rill The Clouds Roll By, Mon, unrequited love. Lowe joins 10.30pm, SBC 12 the rowing team and im- i:r. Dresses her with his cutc A musical based on the life p c and works of one of Broad- Ally Shcedy. Amanda way's bolter music writers. a > s and Julian767 words
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