The Business Times, 21 September 1991
1991-09-21
1
28
https://www.nlb.gov.sg
https://eresources.nlb.gov.sg/newspapers/browse/biztimes
The Business Times
-
Title Section10 1991-09-21 1 BusinessTimes MCI (P) 16/12/90 Weekend Edition, September 21-22 1991 75*10 words
-
NEWS & MARKETS SUMMARY
-
Article36 1991-09-21 1 22 CK PRICE S on Wall were mixed yesterday morning as the market worked iQ way through a quarterly tople witching hour". The Ww slipped 3.80 points to 3,020.57 one hour into the session.36 words
-
Article33 1991-09-21 1 SIIARE PRICES were lower at midday yesterday on the London Stock Exchange. At 1115 GMT, the broad-based FTSE l(D-share index was down 2.3 tits at 2,586.4. Volume was 2 million shares.33 words
-
44 1991-09-21 1 JAKARTA Indonesia's Bank Duta, which last year lojt US$4l9 million (Ss7oB million) in foreign exchange tiding, reported net profit of 18.57 billion rupiah (Ssl6 million) in the first half of this yfar, part of it from currency trading.44 words
-
Article31 1991-09-21 1 a campaign to solicit -foreign investments from -South-east Asia, Germany's 'Treuhand privatisation aoencv offer 1,000 eastern Ger;man companies for sale in Sin- gapore next week Page 231 words
-
Article37 1991-09-21 1 I AFTER an impressive turn- around last year, fridge maker 'turned electronics equipment -supplier Acma Ltd has reportled a marginal 5 per cent increase in interim group earnings to $4.37 million. Page 337 words
-
Article37 1991-09-21 1 FIRST CAPITAL Corp Ltd continues to be hit by interest ejipenses and lower investment iqfome. It has reported a 24 ptr cent drop in net earnings 9 the year ended June 30. P»ge 337 words
-
Article29 1991-09-21 1 TJiE Malaysian Trades Union Congress plans nationwide demonstrations to demand government curbs on tens of t&usands of illegal Indonesian workers, a top official said. Page 629 words
-
Article11 1991-09-21 1 Malaysian markets were closed yesterday for a public holiday.11 words
-
Article, Illustration28 1991-09-21 1 Friday Chance BT-MGA 676.52 -3.82 Aala Lumpur closed ?*yo .23,192.74 -139.57 Howkong 3,910.34 46.66 Sydney 1561.7 +2.7 Thursday Chans* Nov York 3,024.37 +6.48 London 2,588.7 5.128 words
-
Article18 1991-09-21 1 U8S SS 1.6955 100 Yen S$ 1.2573 MS SS 0.6164 Ifwnwy liMnvcl niQs 3-month 4 15/16% unch18 words
-
Article11 1991-09-21 1 LimIm Odd AM fix US$347.55 USS-2.00 S'pore Oct.... 135.00Vkg -0.2511 words
-
-
Article, Illustration220 1991-09-21 1 Schutz Lee - By Schutz Lee SINGAPORE US Trade Representative Carta Hills has confirmed that the US will sign a bilateral framework agreement with Singapore next month. A Reuters report quoted Ms Hills as saying in Washington that she will sign the Trade220 words
-
203 1991-09-21 1 Reuter UNITED NATIONS The four Cambodian parties reached a breakthrough on Thursday in agreeing on an electoral system, the last major obstacle holding up a final peace settlement in the country's 12-year old civil war, diplomats said. The four former combatants, membersReuter - 203 words
-
Article, Illustration509 1991-09-21 1 Elaine Koh - Seven hotels and infrastructure to be built as part of first phase By Elaine Koh SINGAPORE Nearly $1 billion will be pumped into Bintan island by Singaporean and Indonesian investors to build seven hotels and the infrastructure to support them.509 words
-
385 1991-09-21 1 Catherine Ong - From Catherine Ong in HONGKONG THE WAY Singapore has preserved the integrity of the institutions it inherited from its colonial days can be a model for Hongkong after 1997, according to Brigadier General George Yeo. The Minister for Information and the385 words
-
327 1991-09-21 1 Kooi Cho Teng - By Kooi Cho Teng SINGAPORE More companies are likely to offer executives stock options in future rather than profit sharing, says Dr Ho Soo Kiang, had of information and research of the Singapore National Employers Federation. And he believes senior staff can327 words
-
Page 1 Advertisements
-
Advertisement95 1991-09-21 1 E Nikon 3P 4 1 pSushi I mm Awraft Schedule U Commodities 15 Company News ...~34 Crypto: Crossword EL 11 Btmm Jote a 10 Fuflhs Options U Intortank Forex Rates M Home News 2 n M«%y Changer Rates a 11 Money Market 14 Ribohi Stock Markets 12 sMps spare a95 words
-
Advertisement25 1991-09-21 1 OPINIONS I PURSUITS" SICC: Consider Hie BMW the greater good. 3-series. EL 6 EL 2 Flying in circles withHiidsoa Hawk FT f% ct*wk. LL o25 words
-
Advertisement253 1991-09-21 1 Mfton PURSUITS IB J*jF coached .::HhMy in white. m|Hiy EL IJOK Goh Ban Huat SP W* "OB* Rosenberg; A 4v^« 'r I I* 16 m vement °i watch is dust dirt and water. It provides Rolex Oysters have climbed its heart. Precious. Delicate. For a totally secure protection for the253 words
-
-
HOME NEWS
-
311 1991-09-21 2 Carolyn Lim - Treuhand to woo potential investors at trade show next week By Carolyn Lim GERMANY'S Treuhand privatisation agency will offer 1,000 eastern German companies for sale in Singapore next week in a campaign to solicit foreign investments from South-east Asia. The German agency is311 words
-
303 1991-09-21 2 SINGAPORE AIRLINES is expected to be among the first carriers in the world to use ultra-high capacity aircraft, which seats between 700 and 800 passengers each, if they are developed by the turn of the century. The new aircraft will have twice303 words
-
223 1991-09-21 2 THE HDB has raised the income ceiling for flat applicants in its latest move to allow more affluent people to own such flats. From Oct 1, the combined income of members of a nuclear family applying for an HDB flat must223 words
-
311 1991-09-21 2 ALL NIPPON Airways, Japan's largest carrier, is again gearing up to operate a direct service between Singapore and Tokyo. ANA reapplied yesterday for permission from Japan's Ministry of Transport to start a scheduled passenger service between the cities from Dec 3. BT311 words
-
216 1991-09-21 2 THE Attorney-General is to start legal action against Opposition candidate P Gopalan Nair for alleged contempt of court over remarks he made at an election rally questioning the independence of the Subordinate Court judiciary. The remarks constituted "a scandalous216 words
-
232 1991-09-21 2 SINGAPORE ZOO will host an international conference of zoo directors from Sep 24 to Oct 3. The conference will be held in conjunction with a meeting on the captive breeding of endangered species, and another on the viability of animal populations. It232 words
-
-
SHIPS IN PORT
-
Article472 1991-09-21 2 Hnod fay III Barfi toM Papartw taaaal *oy lit Bar* Untwl gggtw MariM TtnaiMl 1 Seatwd 05/91 M/5 akxvade 2109/0600 Batam Sara B92 M04 alongside 21.09/2300 Shan Furyu J3 atoflpft 21.09/1500 Batamndo 1 97$ M03 alongside 20.09/1700 Sinar Asean J1 alongside 21.09/2300 Brastagi 1 37/91 M03 Hongs**472 words
-
Article1083 1991-09-21 2 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Record RsMs SNp Voy No Etb/Btr Mod Fran To Fran Ala Bhum 109S 23/2300 2 20/1700 21/0659 21/0900 4 21/1200 21/1459 21/1700 N Mviyah 55 22/0700 1 20/1500 20/1659 20/1900 2 20/1700 21/0659 21/0900 3 21/0700 21/1159 21/1400 Alger*b 0033F1,083 words
-
-
COMPANY NEWS 1
-
379 1991-09-21 3 William Chia - Bjf William Chia SINGAPORE Aetna Ltd, the fridge maker turned electronics equipment supplier, has rdied on its electronics operations to achieve a marginal improvement in group interim earnings. The company, which released its unaudited interim results yesterday, reported a 5 percent increase in group379 words
-
344 1991-09-21 3 Sylvia Wang - a Sylvia Wang SINGAPORE Interest expenses and lower investment income continued to plague First Capital Corp Ltd (FCC) whrchreported a 24 per cent drop )p net earnings for the year ended June 30. FCjCTs profit attributable to shareholders stood at $B>.Bs. million,344 words
-
206 1991-09-21 3 Bernama KUALA LUMPUR Paramount Corp Bhd has proposed a special share issue and a "bond issue. The share issue involves offering 4.1 million shares of MS 1.00 each at Msl.lo apiece to bumiputra investors to raise bumiputra shareholding in the company to 30Bernama - 206 words
-
234 1991-09-21 3 Rahita Elias - By Rahita Elias SINGAPORE National carrier Neptune Orient Lines* second of three container ships being built at the Singapore Shipbuilding A Engineering Ltd (SSE) will be delivered on Oct 15. The vessel is to be christened Drmgom Bnud today234 words
-
803 1991-09-21 3 SN Vasuki - THE HOCK LOCK SIEW COLUMN By SN Vasuki SINGAPORE Spring-cleaning is an unusual exercise for a company more so if a corporation based in this tropical city undertakes it in June. But then United Industrial Corp (UIC) is a rather unusual company.803 words
-
271 1991-09-21 3 Schutz Lee - By Schutz Lee SINGAPORE City Developments Ltd will jointly develop the land of the former US Ambassador's residence at Grange Road with the local subsidiary of Japan's Marubeni Corporation. The two parties have formed a joint venture, Spring Grove271 words
-
Article177 1991-09-21 3 Shoeb Kagda - By Shoeb Kagda SINGAPORE Sun Corporation, formerly Singapore Fodder, announced another set of dismal results for the first half of the year. The company suffered a 33 per cent rise in net loss to $278,000 from a $209,000 loss over the same period last177 words
-
286 1991-09-21 3 Carolyn Lim - ay Carolyn Lim SINGAPORE PentexSchweizer Circuits (PSC) bot- tomline was dragged down by losses suffered in the second half of the year ended June 30. PSC yesterday posted a 62 per cent decline in net earnings to $1.26 million from $3.31 million a286 words
-
127 1991-09-21 3 SINGAPORE Eu Yan Sang Holdings Ltd said in a statement yesterday that its wholly-owned subsidiary, Kenview Investment, has appointed Messrs Eugenio Antonio Da Luz Campos and Robert Chow Ah Chi as consultants to identify and secure business opportunities in South-east Asia. EYS said Ken127 words
-
Article29 1991-09-21 3 SINGAPORE OCBC Bank on Tuesday bought 401,000 shares in Harimau Investments Ltd for $485,852, or $1 21 each, bringing its stake to 36.85 per cent.29 words
-
Article55 1991-09-21 3 SINGAPORE QAF Ltd on Thursday sold a wholly-owned subsidiary, Osa Systems (S) Pte Ltd, for $503,098 to some of the subsidiary's directors and staff QAF said it did not any profit or loss on the deal. Osa Systems is involved in retailing building materials and marketing kitchen55 words
-
COMPANY BRIEFS
-
117 1991-09-21 4 J-ONDON Engineering company Hawker Siddeley Group pic said it was not yet possible to point to any clear evidence of an upturn in its trading conditions. The company earlier reported a fall in pre-tax profits for the six months to June 30 to117 words
-
Article113 1991-09-21 4 HONGKONG Hongkong-based fastfood chain Fairwood Holdings Ltd said it would raise about HK$ll6 million (5525.4 million) by issuing 97.93 million new shares at 1.18 each with a price earnings multiple of 7.8 times. Net proceeds raised after expenses would be about $107.5 million. It said 550113 words
-
Article83 1991-09-21 4 fARIS International luxury hotel group Peninsula will open three new hotels in Thailand by 1994, managing direc»tor Felix Bieger announced here on Thursday. Projects of the group, mostly active in Asia, include a new flagship hotel, the 400-room Peninsula in Bangkok. Peninsula recently inaugurated a83 words
-
Article118 1991-09-21 4 TOKYO Japan's Kawasaki Steel Corp said on Thursday it had agreed to buy the speciality compounds division of -.Britain's Imperial Chemical Industries pic for about US$lOO piillion (SSI7O million). Kawasaki, the country's third largest steelmaker, said it would form a new company from the118 words
-
Article97 1991-09-21 4 .PARIS France's Alcatel Alsthom is targeting Asia for potential acquisitions to gain market share, its chairman, .♦Pierre Suard, said in a newspaper interview. He told the Wall Street Journal that the company, which specialises in telecoms equipment and power stations and builds France's famous 'high-speed TGV97 words
-
-
319 1991-09-21 4 Ministry recommends limit of 20pc Reuter TOKYO Japan's Ministry of Posts and Telecommunications has recommended foreigners should be allowed to own up to 20 per cent of Nippon Telegraph and Telephone Corp's (NTT) and Kokusai Denshin Denwa Co Ltd's (KDD) shares, aReuter - 319 words
-
301 1991-09-21 4 '91 earnings fell for the Ist time in 8 years Reuter TORONTO Fletcher Challenge Ltd chief executive officer Hugh Fletcher said he is "comfortable" with street estimates for 1992 earnings of between NZ$4OO million (***** million) to $450 million. "That's a level we'reReuter - 301 words
-
259 1991-09-21 4 Reuter TAIPEI Taiwan will privatise state-owned shipping giant Yangming Marine Transport Corp, selling shares to the public by early next year, the company said. "We will oiler about 100 million shares by the end of this year or early 1992 as the firstReuter - 259 words
-
547 1991-09-21 4 NYT NEW YORK In the most drastic staff reductions in almost two decades, the Time Inc Magazine Co said on Thursday that it would lay off 105 editorial employees at six of its magazines. The editorial cutbacks come in the wake ofNYT - 547 words
-
355 1991-09-21 4 Reuter PARIS French packaging and aluminium group Pechiney International reported a dip in interim profit to Ffr2s7 million (5575.9 million) from Ffr4o2 million last year. Operating margins dropped to Ffrl.s7 billion from Ffrl.76 billion. Pechiney said the drop in operatingReuter - 355 words
-
372 1991-09-21 4 Reuter LONDON A stark warning from RMC Group pic that the depressed UK construction market would not recover before mid-1992 sent analysts scurrying to cut 1992 profit forecasts for the world's largest ready mixed concrete maker. RMC earlier reported a 36Reuter - 372 words
-
364 1991-09-21 4 BANGKOK Canned seafood manufacturer Seahorse Company's public offer is expected to be fully subscribed because of the low offer price and a high price-to-earnings ratio of nine, The Nation reported earlier this week. Thailand's Seahorse Co has applied to raise its registered capital364 words
-
-
Page 3 Advertisements
-
Advertisement269 1991-09-21 3 o* 4 <$ I No ODC knows at a lower like Hill Samuel. yty /NT 'interest rate (eg. US x \SI/» dollar?). Then talk to Hill Hill Samuel is one of Britain's >i Jf Samuel, the bank that offers: most diversified and renowned \v. > loan amounts up to 100<ft269 words
-
-
Page 4 Advertisements
-
Advertisement351 1991-09-21 4 on? m©27 saß r T 4 Singapore Business has been around for some 20 years, so we know the local business scene better than most people. But we'd been looking tired lately so we went out and got ourselves spruced up. The result: more industry and company information and more351 words
-
-
FINANCIAL NEWS
-
384 1991-09-21 5 FT HELSINKI Finland's central bank on Thursday took e bver indirect control of Skopbank, the country's savings bank, becoming responsible for its domestic and foreign "liabilities. The rescue was the «rst in Finland's history. Esko Oil ilia, a Bank of Finland t director, saidFT - 384 words
-
282 1991-09-21 5 IHT mIJ'AWS Banque Paribas re** 1 Thursday reported moderate growth in earnings in the first half of 1991, though it -increased provisions to cover increased risks for its loan J Meanwhile, Andre LevyLang, head of the management board of the bank's parent,IHT - 282 words
-
551 1991-09-21 5 MARKET TALK Reuter .1 SINGAPORE Singapore's foreign ex- change market, the financial sector's star perjformer, has seen a sharp decline in daily turnover, and banks are headed for a tough period this year and next, analysts and bank- «rs say. d "I won'tReuter - 551 words
-
Article, Illustration353 1991-09-21 5 WITH venture capital funds in Asia growing at a rapid pace, a new book is attempting to marry the supply of such funds with the companies that need the money. The Guide to Venture Capital in Asia, which contains a directory of the region's venture353 words
-
Article, Illustration488 1991-09-21 5 The DBS Bank weekly currency review a US$/DM: Bearish pattern in- tact The US dollar closed below s 1.6800 marks on Monday and traded to the week's low of 1.6655 on Tuesday. How--1 ever, with indicators over--1 sold, it rebounded to a high 1488 words
-
371 1991-09-21 5 Reuter WASHINGTON Federal regulators said on Thursday the southern banking powerhouse First Union Corp of Charlotte, will buy the ailing Florida giant Southeast Banking Corp of Miami in a deal that will cost the government US$35O million (***** million). The acquisition wouldReuter - 371 words
-
50 1991-09-21 5 m^n?h AI S? lE DBS Bank will open two new branches this month, bringing its total network to 41 The first will J* oj**d today at Holland Village whiletie VHlaoe in Jurong East. The Holland 3pm branch extend its Saturday business hours to50 words
-
Article59 1991-09-21 5 WELLINGTON The New Zealand Stock Exchange said it JiSK Richwhite and Co Ltds failure to reveal on Wednesday that its earnings report had been Qualified bv its auditors. The NZSE's legal adviser Philippe Leioir said the s market surveillance panel would also probe why ay Richwhite59 words
-
Article65 1991-09-21 5 TOKYO All but one of Japan's 10 second-tier bml»n.«. ending P l 4 ,osses for the half-year aiding Sep 30, following the scandal-tainted Big Four securiVIZ ted town «*t doldrums in stock trading that slashed their commission revenues as well as a scandals lhat sewed65 words
-
Article54 1991-09-21 5 stockbroker James Capel paid £2 5 million in damages to American Burick in in oS court settlement, the Financial Times said. It said the settleT "iough. by AmJiiSSSSriAto <&ma«es and expenses, claiming the broker acted buymg shares in Consolidated Gold Fidds. which was taken54 words
-
368 1991-09-21 5 The BCCI collapse Agencies NEW YORK A judge postponed arraignment of the Bank of Credit and Commerce International and two former executives on Thursday while prosecutors wrestle with extradition of the defendants. New York Supreme Court Judge Peter McQuillan agreed to continueAgencies - 368 words
-
Article509 1991-09-21 5 Prtcw at Cmm+mtmm °-p-t H Ja SE is 5» I 115.2 0.200 0.660 1.00 1 00 »*i "ZTZTTT" g c i.oo in jj 2252! SSZ so m j g 2 j« nram o? £»<•.* m o305 ono oo» loo u a '5J5 S'i£! .J Crty Oev509 words
-
-
THE REGION
-
NOTE BOOK
-
Article98 1991-09-21 6 BANGKOK Consumer prices in Thailand rose 6 per cent in August compared to a year earlier, the Department of Business Economics reported yesterday. The consumer price index, calculated at a 1986 base of 100, registered 126.2 in August. That was an increase of 0.8 per98 words
-
Article66 1991-09-21 6 JAKARTA Indonesia has received 161.2 billion yen (552.03 billion) in fresh concessionary loans from Japan to finance various development projects and balance of paymeats needs. The first US$5OO million (*****.5 million) vyoQld be used to strengtheri Indonesia's balance of payments and also to finance small scale66 words
-
Article70 1991-09-21 6 JAKARTA Visiting Sudanese President Omar Hassan Ahmad al Bashir said on Thursday his country hopes to receive technical assistance from Indonesia in developing its dif, 'gas and other natural resources. Al Bashir, after a twohour meeting with President Suharto, also said Sudan expects fir cooperate with70 words
-
Article66 1991-09-21 6 HONGKONG Washington is unlikely to use its muscle at th? International Finance Corp, the private sector arm of the World Bank, to penalise the Philippines if US bases are closed there, a senior IPC official said. "I don't see in the case of the Philippines this66 words
-
Article87 1991-09-21 6 KI/aLA LUMPUR The Ministry of International Trade and Industry will be providing additional incentives to foreign or local companies which undertake research and develOQment projects in the country by 1992, its secretary-general Datuk Haji Shaharuddin Haji Haron said. He added the incentives would include a87 words
-
65 1991-09-21 6 w KUALA LUMPUR Malaysia may build a palm oil storage and export centre in Turkey to meet growing demand in the. Middle East and Europe, Deputy Prime Minister Abdul Gtefar Baba said. "The cabinet has asked Felda (a government agency) and the Primary65 words
-
-
322 1991-09-21 6 KL urged to impose curbs on illegal workers AFP KUALA LUMPUR The giant Malaysian Trades Union Congress (MTUQ is planning nationwide demonstrations to demand government curbs on tens of thousands of illegal Indonesian workers, a top official said on Thursday. Vethamuthu David, secre-tary-generalAFP - 322 words
-
278 1991-09-21 6 Bernama KUALA LUMPUR Malaysia's trade deficit widened by 50.4 per cent to M$75L4 million (*****.7 million) in Jane this year com oared to M$5OOJ million in May, the Statistics Department said in its latest monthly external trade report It said that theBernama - 278 words
-
397 1991-09-21 6 Reuter KUALA LUMPUR Myanmar's military government, alarmed by the country's plunging oil output, is widening its doors to foreign firms to speed up oil exploration, Eneigy and Mines Minister Maung Maung Khin said. "A lot of firms are coming in. I thinkReuter - 397 words
-
Article, Illustration581 1991-09-21 6 Salil Tripathi - Fran Salil Tripathi in KUALA LUMPUR THE ASEAN countries are exploring four specific markets for high growth in tourist arrivals during the Visit Asean Year 1992: Germany, Japan, Australia and intraAsean. The six countries are gearing up to receive 25 million arrivalsSource: ASEAN NTO - 581 words
-
Article, Illustration598 1991-09-21 6 Reuter SYDNEY Australia's Labor government is heading towards its ninth full year in office in disarray, according to a growing number of business leaders, political analysts and even some Labor politicians. Factionalism and leadership squabbles between Prime Minister Bob Hawke and formerReuter - 598 words
-
-
Page 6 Advertisements
-
Advertisement167 1991-09-21 6 o mhihs OUTSTANDING MANAGER AWARD 1991 This award is open to all Singapore citizens and permanent residents aged 25-35 years who are currently working at the middle-level management and supervising others, but are themselves not yet at departmental or divisional head level. The award will go to the manager who167 words
-
-
THE WORLD
-
Article, Illustration293 1991-09-21 7 v Average land prices in Japan still up 2.7 per cent for year to June AFP t .TOKYO Land prices in Japan's two biggest metropolitan areas, Tokyo and Osaka, Aiave peaked after years of Runaway advances buoyed by jroeculative real estate deals, theAFP - 293 words
-
Article, Illustration43 1991-09-21 7 A protester wearing a mask of South African President FWde Klerk eats 4. m °ck bonds during an anti-apartheid demonstration outside Deutsche Bank's London headquarters on Thursday. Deutsche Bank led the first official launch of South African bonds since 1985.43 words
-
473 1991-09-21 7 Reuter JSMAILIA, Egypt The Suez Canal Authority (SCA) 4>lans to deepen the 122-year-pld channel to allow a new generation of supertankers to parry oil through the waterway. SCA chairman Ezzat Adel Aold Reuters he hoped the plan would go ahead despiteReuter - 473 words
-
291 1991-09-21 7 Reuter TOKYO Japan's construction industry says it is facing harder times despite industry analyst forecasts that construction is one of the few sectors that will enjoy sharp profit growth in the year to March 31, 1992. "I don't see any signs that theReuter - 291 words
-
381 1991-09-21 7 But some urge caution, citing pent-up demand Reuter NEW YORK Most analysts see the US July trade data as confirming an economic rebound, as imports rose 6.2 per cent in July signalling a rise in US demand. The trade deficit widened toReuter - 381 words
-
221 1991-09-21 7 FT SEOUL The South Korean government is seeking to allay growing concerns among trading partners that a national austerity campaign will damage imports and prompt a re-emergence of trade friction. In a series of meetings with diplomats and other representatives from trading partnersFT - 221 words
-
WORLD WATCH
-
90 1991-09-21 7 BANGKOK "Die World Bank increased loans by 17'pdr cent to US$7.5 billion (5512.7 billion) to developing nations in Asia in its fiscal year ended June 30, a bank official sgd. The loans to Asia amounted to 33 per cent of the90 words
-
Article83 1991-09-21 7 TOKYO Nato plans to reduce its armed forces in central Europe by 50 per cent between now and 1995, Nato secto> tary general Manfred Woerner announced on Thursday. "Our plans are clear. We want to reduce our forces' in central Europe by 5083 words
-
Article71 1991-09-21 7 RIGA, Latvia European Free Trade Association (Eftog chairman Pertti Salolainen expressed confldence that Efta and the European Community (EC) would overcome -ft current deadlock and create a free trade area from the start of 1993. "I'm rather confident we'll get an agreement, said during71 words
-
Article67 1991-09-21 7 BEIJING China plans to earmark US$l.l4 billio|i (SS 1.93 billion) to build dykes and other water-conservaricy works following recent massive floods in eastern provinces. The official People's Daily said the money would fund* 18 big projects on the Huai River, one of several major67 words
-
Article113 1991-09-21 7 TOKYO A report by the US Agricultural attache 4b Tokyo that more than 20 per cent of Japan's rice production is sold on the black market is exaggerated, an Agriculture Ministry official said. "It depends on the definition -of black market and how to measure it,113 words
-
Article83 1991-09-21 7 BUENOS AIRES President Carlos Menem, in another dramatic break with the traditional tenets of his own political party, announced on Thursday that Argentina has decided to withdraw from the so-called non-aligned movemeafc. By taking Argentina out of the non-aligned movements President Menem is continuing his programme83 words
-
Article59 1991-09-21 7 TOKYO Japanese Emperor Akihito will not apologise for the actions of Japan in World War II during his sched L uled visit to three Asian nations beginning next week! according to a source in Japan's Foreign Ministry. Emperof Akihito and Empress Michiko will visit Thailand,59 words
-
-
456 1991-09-21 7 NYT PARIS Worried that European integration and industrial competitiveness are faltering, a group of influential business leaders has urged the European Community to take action now to ensure a single currency and a larger EC by the end of the decade. "ProgressNYT - 456 words
-
Article, Illustration412 1991-09-21 7 France issues emotional plea to Germany FT BERLIN French President Francois Mitterrand of France on Thursday chose Berlin as the symbolic stage from which to issue an emotional plea to Germany to maintain its absolute commitment to the European Community and to the Fran-co-GermanFT - 412 words
-
-
Page 7 Advertisements
-
Advertisement10 1991-09-21 7 Call for a deflation of Japan's land bubble, EL 210 words
-
-
STOCK EXCHANGE OF SINGAPORE 1
-
Article, Illustration4069 1991-09-21 8 Sylvia Wong - By Sylvia Wong A PUBLIC HOLIDAY in Malaysia and continued poor sentiment contributed to another day of losses in the Singapore market. The Straits Times Industrials Index lost further ground, shedding another 6.28 points to end at 1,378.55 points. The STII had been declining4,069 words
-
-
Article3225 1991-09-21 9 Main Board S Reinsurance 175 +26 +17.4% Wepco 50* 300 72 21 +41.2% SSE Foreign 224 +8 +3.7% Semb Ship Loan 94 +8 +9.3% C&C 496 +6 +1.2% ICB 492 +6 +1.2% NatSteel 50« 426 +6 +1.4% Lim Kah Ngam 125 +5 +4.2% Spore Land3,225 words
-
TOKYO STOCK EXCHANGE
-
Article, Illustration2205 1991-09-21 10 Reuter TOKYO STOCKS ended easier yesterday. Brokers said investors took profits and squared positions ahead of a long weekend, giving up morning gains built up on hopes for lower interest rates and shrugging off strong bond prices. The market is closed on MondayReuter - 2,205 words
-
-
STOCK EXCHANGE OF HONGKONG
-
Article, Illustration1827 1991-09-21 10 Reuter HONGKONG'S Hang Seng Index yesterday closed firmer in moderate trade but was off its day's high of 3,928.60 on mild profit-taking in the afternoon, brokers said. The Hang Seng finished 46.66 points higher at 3,910.34. Turnover thinned to 1.06 billion fromReuter - 1,827 words
-
-
Page 10 Advertisements
-
Advertisement36 1991-09-21 10 Prices for Tokyo are provided by Tderate Prices for Hoagkoag are provided by Teferate* Read Chartpoint,; 4 t a guide to j investing inj the stock j market. j Every j Saturday iri Business j Times36 words
-
-
Article3326 1991-09-21 11 The Kuala Lumpur market was closed vesterdav for a national holiday. Listed below are Thursday's closing prices. mi Last Vol Day Net Cap Hi* U* Ccmjmmj Safe DOO High Low P/E Sail IWOUSTRiALS 243 165 AISB SO* 181 unch 19 182 180 44.1 I8S.7 560 3103,326 words
-
Page 11 Advertisements
-
Advertisement190 1991-09-21 11 r IN VESTING SUPPLEMENT 1991 A special Business Times Survey October 89,1991 Bonus time is Just around the corner. And many of you will be looking at the numerous options of parking your hard-earned bonus. To assist you In making that important choice, Business Times has invited local and foreign190 words
-
Advertisement92 1991-09-21 11 11 could be a controversial deal between two stock I i/ market stars, a thought-provoking report by university researchers on the latest trans-European FOCUS zooms in on the news and issues of the day and looks at them in more depth and breadth. FOCUS is the news feature section of92 words
-
-
REGIONAL STOCK MARKETS
-
Aussie shares end firmer in slow trade
-
Article798 1991-09-21 12 THE AUSTRALIAN share market closed firmer yesterday after mostly lacklustre trade highlighted by a better than expected BHP profit announce- ment, brokers said. The market heavyweight reported a ■sharp 41.7 per cent fall in quarterly net profit to A 5232.3 million, compared With analysts' forecasts of AS2OO million to798 words
-
Article747 1991-09-21 12 INVESTORS were sidelined awaiting developments yesterday but Thai stock prices moved up after falling sharply on Thursday, brokers said. The SET Index ended 8.62 points higher at 712.50 on thin turnover of 2.11 billion baht. "But (yesterday's) index gain indicates the market is getting brighter and the 710 level747 words
-
Article549 1991-09-21 12 PHILIPPINE share prices finished mixed yesterday in listless trading as the government wrestles with a decision on whether to allow the continued US military presence in the Philippines, brokers said. The Manila Stock Exchange Com- posite Index slipped 1.73 points to 905.28. Combined losers from the two bourses outnumbered549 words
-
Article573 1991-09-21 12 TAIWAN share prices yesterday jumped in the opening minutes on hopes that the central bank will lead interest rates lower, but finished off their highs as many investors still lacked confidence, brokers said. The Weighted Index, which was about 90 points higher at one stage, closed 59.95 points up573 words
-
Article836 1991-09-21 12 SEOUL STOCKS yesterday ended higher after a day of lethargic trading dampened by worries of an impending money supply squeeze which nevertheless failed to prevent modest buying of financial counters, brokers said. 'There are fears that after Chusok (moon festival), money supply will be squeezed," a Dongsuh Securities broker836 words
-
Article253 1991-09-21 12 A FIVE-CENT rise in Fletcher Challenge offset falls in other leading stocks, allowing the New Zealand market to end steady yesterday. FCL, which has been sold down due to depressed North American pulp and paper prices and a downward re-rating of its prospective earnings bounced back by five253 words
-
Article926 1991-09-21 12 Cine Pwlwi Sep 20 AUSTRALIA All Ordinaries Index 1561.7 1,559.0 +2.7 All Industrials Index 2410.7 2,407.5 +3.2 All Resources Index 911.7 909.5 +2.2 Turnover (million) 112.47 104.6 +7.87 BAN0K0K SET Index 712.50 703.88 +«.62 Turnover (billion bahl) 2.11 3.57 -1.46 JAKARTA Composite Index dosed 259.29 Composite Index 905.28 907.01 -1.73926 words
-
-
-
Page 12 Advertisements
-
Advertisement25 1991-09-21 12 The Jakarta amrket was dosed for a rational mommy. Al prices are provided by Tele rate Managers Must Manage BT shows you how every Monday.25 words
-
-
WORLD STOCK MARKETS
-
US stocks end higher in heavy trading
-
Article, Illustration1103 1991-09-21 13 WALL STREET blue chips ended Thursday on a firm note but below their highs of the day after a late round of selling sapped an advance. Volume surged to a brisk 210 million shares, bolstered by trading related to yesterday's 4t triple witching" expirations of stock index futures1,103 words
-
Article, Illustration772 1991-09-21 13 UK SHARES rebounded in late trading on Thursday to end narrowly higher, buoyed by an unexpectedly firmer Wall Strwrt and takeover speculation. But disappointing news from the construction sector took the edge off the takeover fever. 'There's an awful lot of bid speculation around that should send shares shooting772 words
-
Article306 1991-09-21 13 BY THE CLOSE on Thursday, Dutch shares had clawed back half of the ground lost earlier in the day, but trading was meagre and directionless, dealers said. The CBS general tendency index closed 0.2 lower at 91.6, having been as low as 91.4. One of the day's best gainers306 words
-
Article234 1991-09-21 13 GERMAN SHARES eased 0.4 per cent in relatively quiet trading as the market looked ahead to the expiry of the September future on the DAX index and of somettock options traded on the DeutDealers said the generally unpredictable cash market trading linked to tomorrow's expiry of the contracts was234 words
-
Article220 1991-09-21 13 ITALIAN STOCKS maintained their early gains at the dose on Thursday, with demand for insurer Generali helping to improve the market's underlying tone, brokers said. The MIB index climbed four points, or 0.37 per cent, to dose at 1,074. "Besides Generali, the market's outlook seems uncertain," one broker said.220 words
-
Article211 1991-09-21 13 THE PARIS BOURSE enjoyed a win- ning session on Thursday, with a late rally that overcame a downtrend that had plagued trading most of the day, operators said. The CAC-40 stock price index opened with a dip of 0.14 per cent and was down as much as 0.30 per211 words
-
Article281 1991-09-21 13 SWISS SHARES on Thursday ended a mostly lacklustre session steady to slightly firmer after prices recovered from slight morning losses on news that CS Holding's first half net profit had risen by 77 per cent. "Sentiment changed for the better after CS Holding released its interim dosed 0.4 points281 words
-
Article112 1991-09-21 13 PRICES ON THE Stockholm bourse weakened broadly in thin trade on Thursday, pressed by foreign declines and continued caution in wait of the expected formation of a new non-social-ist coalition government, dealers said. The bourse general index fell 0.48 per cent to 1,063.77 in turnover of 254 million crowns.112 words
-
Article165 1991-09-21 13 BELGIAN SHARES on Thursday closed almost at the day's tughestJevd on a technical rebound in some.btue chip stocks, traders said. They added the first day of the new forward aooount also helped the market. The Bel 20 index of leading Shares closed 7.45 points higher at 1,11-3.44 and 688165 words
-
Article339 1991-09-21 13 AFTER A brief foray to higher ground in midday trading following a prime rate cut by the Bank of Montreal Toronto stocks succumbed to selling pressure and ended lower on Thursday, dealers said. The Bank of Canada's tight policy kept trading restrained/they added. The central bank eased its ke£339 words
-
Article368 1991-09-21 13 Sep 19 CImc Pitiiw NEW YORK Dow Jones 3.024.37 3,017.89 +4.48 SAP 500 387.S6 386.94 +0.62 Turnover (million) 211.17 141.34 +69.83 LONDON Financial Times 30 2,011.3 2,007.1 +4.2 FTSE 100 2,588.7 2,583.6 5.1 Turnover (million) 677.6 673.2 +4.4 FRANKFURT DAX Index 1,620.70 1,629.75 -9.05 AMSTERDAM CBS Tendency Index 91.6 91.8368 words
-
-
-
Page 13 Advertisements
-
Advertisement18 1991-09-21 13 •Ik report far JohMMhng Managers must manage. BT shows you how; every Monday: Chartpoiat in BT every Saturday18 words
-
-
CURRENCY, MONEY & FUTURES MARKETS
-
1161 1991-09-21 14 REPORTS —awiyT'/ffr-g-Tokyo: The dollar firmed against the mark in late, narrow Asian trading, and dealers forecast it would strengthen further on short-covering. 'The dollar looks bid to me. I'm bullish, but the selling in the morning is the only thing1,161 words
-
285 1991-09-21 14 Reuter WELLINGTON The New Zealand Futures and Options Exchange (NZFOE) board said on Thursday that it was taking legal advice on a new bid for its business by the Sydney Futures Exchange (SFE). "Our duty is to ensure that ourReuter - 285 words
-
333 1991-09-21 14 Reuter FRANKFURT Germany's computerised futures and options exchange Deutsche Terminboerse may soon take its recent aggressive pricing campaign one stage further by offering transaction cost discounts on two further contracts. DTB chief executive Joetg Franke said the DTB may initially takeReuter - 333 words
-
Article978 1991-09-21 14 SIMEX w— Open High Low Sett Est Vol Op/lnt Vol i 066 91 9414 94J5 94A4 5fTs 4000 ***** 6505 I M 92 9421 9420 94 20 2000 ***** 4783 Jun 92 93.95 93.96 93.94 93.95 900 2943 803 £®P 9 2 93.56 93.58 93.56 93.57 450 1745978 words
-
233 1991-09-21 14 NEW YORK The US junk bond market is poised for a flood of new issues in a market starved for primary debt, and analysts expect a major high-yield resurgence in the second half of the year. Cyclical companies, which are typically233 words
-
Article382 1991-09-21 14 Cross rates www IMITO Sep20 US$ SS MS Dm Yen SFr AS NZS USS 6955 2.7565 1.6915 134.75 0.5785 1.4775 1.2587 1.7109 0 5898 ,625 0.9976 79.4751 0.3412 0.8714 0.7423 1.0091 ***** 6200 0.6136 48.8845 0.2099 0.5360 0.4566 0.6207 Dm 0.5912 1.0024 1.6296 79.66 0.3420 0.8735 0.7441382 words
-
Article490 1991-09-21 14 Interbank rate* m W» BM (Xfa v-rvernigm uiuiv una v 4 IS/16 5 1/16 53/8 5 3/4 2-month 4 IV16 5 1/16 i mt !l 5 1/2 5 5/8 3-month 4 1*16 5 1/16 j mth 5 1/2 5 5/8 Overnight mode: 5-7/16 6 mth 5 11/16 5490 words
-
-
Page 14 Advertisements
-
Advertisement6 1991-09-21 14 Innovation Technology in BT every Tuesday6 words
-
-
COMMODITIES
-
249 1991-09-21 15 Reuter JAKARTA Opec will reach its oil price target of US$2l (5535.70) a barrel by November, Indonesian Mines and Energy Minister Ginanjar Kartasasmita said. "Twenty-one dollars a barrel must be achieved in the fourth quarter of this year. I thinkReuter - 249 words
-
414 1991-09-21 15 Wildcat miners producing less: official Reuter RIO DE JANEIRO Brazil expects total gold production to fall to about 60 to 65 tonnes this year from 90 last year, a senior government mining official said. Elmer Prata Salomao, director general of Brazil's National DepartmentReuter - 414 words
-
291 1991-09-21 15 UNITED NATIONS The Security Council on Thursday overwhelmingly approved a plan allowing Iraq to make its first big oil sale since Saddam Hussein's troops invaded Kuwait. By a vote of 13-1, with Cuba voting "no" and Yemen abstaining, the council members endorsed291 words
-
493 1991-09-21 15 REPORTS SINGAPORE The rubber market closed little changed in very quiet and featureless trading, dealers said. RSS-1 October buyers ended at 135.00 cents a kg, down 0.25 cent from Thursday's close while TSR-20 Award October buyers closed 0.25 cent higher at 131.25 cents. Dealers493 words
-
-
Article1337 1991-09-21 15 Rubber se P 20 MS (h> In liiw) S cents/kg Noon Close Int I RSS Prompt 134.00/135.00N 134.00/135.00N Int I RSS Oct 91 135.00/135.50 135.00/135.50 Int 1 RSS Nov I36.7VI37.25 136.7VI37.25 Int 2 RSS OP I35.00/137.00N I35.00/137.00N Int 3 RSS OP 134.50/136.50N 134.50/I36.50N Int 4 RSS OP 130.00/132.00N 130.00/132.00N1,337 words
-
Page 15 Advertisements
-
Advertisement6 1991-09-21 15 Innovation Technology in BT every Tuesday6 words
-
Advertisement388 1991-09-21 15 BUSINESS TIMES TBLBPHONB: 7SO-5771/5772/5773 PAXt 734-4912 f OFFICIAL NOTICE 1 We, Oreen Island Tankera Pte Ltd hereby five notice that In consequence of our purchaae of the motor tanker "PINANO JAYA" we have applied to the Registrar of Singapore Shlpa, under Bectlon 380 of the Merchant Shipping Act (Chapter 119)388 words
-
-
Article, Illustration540 1991-09-21 16 Salil Tripathi - Central bank governor quashes rumours in business community By Salil Tripathi SINGAPORE The Indian government has no intention of further devaluing the rupee* says the Governor of the -Reserve Bank of India, Mr S Venkitaramanan. In an exclusive interview with BT yesterday, he540 words
-
658 1991-09-21 16 Anna Teo - Senior Minister's visit to Kazakhstan From Anna Teo in ALMA ATA pRAWING from the Singapore experience, Senior Minister Lee Kuan Yew yesterday told Kazak leaders that stability and consensus, as well as a balance between equality and individualism, are needed to achieve658 words
-
305 1991-09-21 16 ALMA ATA Even before its economic reforms get underway, landlocked Kazakhstan must quickly improve its contacts with the outside world if it hopes to draw a flood of investors and tourists, said Mr Lee Kuan Yew yesterday. Fielding a question305 words
-
207 1991-09-21 16 Reuter MANILA Philippine senators foiled yesterday to hammer out a compromise on the US military presence amid mounting pressure on President Corazon Aquino to accept a Senate decision to evict American troops. Fifteen of the 23 senators met following warnings thatReuter - 207 words
-
Article, Illustration46 1991-09-21 16 |tfTh >^n'!^H h ldng to H" in this "P"* l The ban on logging in 1989 ekphanl owners to seek extra incomes in the cities, like this man inviting people to P opportunity of going under the animal's stomach for good luck.46 words
-
435 1991-09-21 16 Dawn Tan - Desaru resort dispute By Dawn Tan SINGAPORE The $1 billion legal suit taken out by businessman T Thangathurai against Japanese giant contractor Kajima comes under the US Justice Department's RICO Act (Racketeer, Influenced and Corrupt Organisations). Legal sources say this435 words
-
Article, Illustration383 1991-09-21 16 Schutz Lee - By Schutz Lee SINGAPORE New Zealand Prime Minister Jim Bolger remains unfazed by the continuous fall in the ratings of himself and the National Party at the opinion polls and is confident of his political survival. He|Said his government knew it was383 words
-
145 1991-09-21 16 Reuter TOKYO Japan's Big Four brokerage houses said they will make in-house reforms to end the excessive pursuit of profit that led to improper compensation for investors' losses and links with gangsters. The reforms, unveiled at semi-annual managers' meetings at the Big Four in theReuter - 145 words
-
325 1991-09-21 16 Reuter MOSCOW The United States is preparing a "massive" programme of technical help for the Soviet Union a sort of "Professional Peace Corps" to teach its people the rudimentary skills of capitalism, US Treasury Secretary Nicholas Brady said. He described theReuter - 325 words
-
Page 16 Advertisements
-
Advertisement6 1991-09-21 16 CHARTPOINT Every Saturday in Business Times6 words
-
Advertisement6 1991-09-21 16 Ichartpointl Every Saturday in Business Times6 words
-
-
ExecutiveLifestyle
-
Article, Illustration1075 1991-09-21 17 Susan Tsang - You no longer need to go to a Japanese restaurant to indulge your passion for sushi. Just drop in at your nearby Japanese supermarket and take a pack home. Susan Tsang checks out a trend that's here to stay Susan Tsang OiCAY, so who invented the California roll?1,075 words
-
STRAWS IN THE WIND
-
Article41 1991-09-21 17 YOU would think thai gynaecologists have a sofh spot for kids, since their fitters depend on them. Nat«4uite. At the gynaecologists'. irieeting at the Raffles Convention Centre last week, tfyu;sign was posted outside one".®(the conference rooms: Children Not Admitted.41 words
-
Article36 1991-09-21 17 ONCE again on the topic of gynaecologists. Whed asked what he was doing* at the Khameleon disco, one of them remarked: "Wett, if the guys here get lucky tonight, I get more customers!"36 words
-
Article47 1991-09-21 17 THE people at Inland Revenue must be able to nead minds. One taxpayer received, on Monday, September 16, an IRS letter dated Tuesday, September 17, fining her $50 for non-payment of her 1991 tax bill which was not due until Saturday, September 21.47 words
-
Article49 1991-09-21 17 IN SINGAPORE, they call them toilets, or washrooms. In the US, they're called restrooms. In the Philippines, they're called comfort parlours. But if you were an astronaut in an American spaceship, you'd have to answer Nature's Call in a facility known as the "waste management system".49 words
-
Article29 1991-09-21 17 NEWSWEEK magazu«te-: ported last week thftt the AIDS acronym in Swahili is "Acha Iniuwe Dogodogo Siachi", which means: "Even in death I will not give up the girls."29 words
-
-
OPINIONS
-
Article, Illustration1079 1991-09-21 18 Sree Kumar - The colonial habit of creating a 'closed' shop for the exclusive use of a select group of the influential and the wealthy surely has no place in a Singapore of the future, says Sree Kumar Sree Kumar The writer, formerly a management consultant, is a1,079 words
-
Article, Illustration702 1991-09-21 18 Asahi Shimbun - In a recent editorial, the Asahi Shimbun called for the deflation of Japan's land bubble Asahi Shimbun Asahi News Service -4 B ORROW money, don't hold cash, and go on buying land." This was said to be the only way to pileAsahi News Service - 702 words
-
Article648 1991-09-21 18 Bernard de Montferrand - lETTERS TO THE EDITOR Bernard de Montferrand Ambassador of France French Embassy in Singapore THE arguments of BTs editorial of September 13 about "French protectionism" do not tally with reality. And precisely because you said "deeds speak louder than words", allow me, for your readers'648 words
-
137 1991-09-21 18 Puzzled Investor Singapore 1543 - Puzzled Investor Singapore 1543 WHEN RMCA Reinsurance released its interim results six months ago, its directors made three important points: The company had made full provision for its risk portfolio even for claims that had not been filed; The reinsurance market is137 words
-
309 1991-09-21 18 Lim How Boon Singapore 1543 - Lim How Boon Singapore 1543 MANY who commented on the results of the General Election have cast doubts on the effectiveness of the grassroots organisations as, on hindsight, the ground does not appear so sweet after all. But it would be naive to think that309 words
-
-
SPORTS
-
Article, Illustration910 1991-09-21 19 Nirmal Ghosh - The slow response to tennis sponsorship could mean the demise of international tennis in Singapore, but the outlook for golf is marginally better, says Nirmal Ghosh Nirmal Ghosh THE Honda-Kah Singapore Men's Tennis Open, now drawing to a close at the Singapore Island Country Club, almost910 words
-
151 1991-09-21 19 AP BARCELONA Michael Johnson is world champion in the 200 metres and no human is faster over 400 metres. He has lost just one race at those distances in the last two yean. So why does he sound upset? 'The 200 doesn't get anyAP - 151 words
-
Article97 1991-09-21 19 UPI Allegations of drug use in sports prometadi halfhearted" and ineffective action from German sftx)*' federations, according to the sports committee of thfc* 6a-*-tion's Parliament. "Evident drug abuse was only treated I halfheartedly, doping allegations against coaches, doet3~* and officials were not followed up," said aUPI - 97 words
-
Article96 1991-09-21 19 AP ELKHART LAKE, Wisconsin The pressure is ott til Michael Andretti now that he is the hunted rather thnlie r t s easier to be chasing the leadtfrW in it," Andretti said after moving past Bobby Rahal tothe PPG Cup Indy-car point lead with his season-high-personalAP - 96 words
-
Article89 1991-09-21 19 AP FORT WORTH, Texas Judy Nelson said a tentative settlement with Martina Navratilova calls for her to receive a house and cash in a package worth slightly more (fat US$l million (about SSI.7 million). But Nelson said* couple of issues remain unresolved before the deal isAP - 89 words
-
Article95 1991-09-21 19 AFP KENT, Washington Rookie Brandie Burton shot a seven-under-par 65 here on Thursday to tftfce a thTfrthftt lead after the first round of the Safeco Classic. Burton, 19,% scored an eagle, seven birdies and two bogeys on tim' 6,222-yard Meridian Valley Country Club course. Riolte Jones, seekingAFP - 95 words
-
Article, Illustration578 1991-09-21 19 UPI KANSAS CITY, Missouri Andre Agassi, looking to wash away a bad memory from the US Open, yesterday began Davis Cup play for the defending champion against Wimbledon champion Michael Stich of Germany. Agassi, after reaching the final a year earlier, was upset inUPI - 578 words
-
562 1991-09-21 19 UPI KIAWAH ISLAND, South Carolina The Ryder Cup, once a modest competition designed to promote goodwill in golf, is now a high-profile duel that has left its founders intent far behind. The gold trophy donated by seed merchant Samuel Ryder 64 years ago hasUPI - 562 words
-
Article, Illustration453 1991-09-21 19 Reuter BRUSSELS Merlene Ottey says she would rather have a gold medal than good looks. Still smarting from her double defeat by Germany's Katrin Krabbe in the 100 and 200 metres at the world championships, Ottey is determined to take revenge at next year's Olympics.Reuter - 453 words
-
199 1991-09-21 19 AP ENDKXHT, New Ymk -f Blaine McCallister, by a chilling drizzle, shot a 7-ander 44 for a oae-etrok* lead ia the taia delayed frsT roaad of the BC Opea' ot Tharsday. McCallister amide' se»ea birdies at the par-fr Ea-Joie Golf Oak,AP - 199 words
-
-
EPICURE
-
Article526 1991-09-21 20 Quek Swee Peng - Quek Swee Peng samples classical French cooking by Kevin Cape of The Bell Inn in Buckinghamshire, Britain Quek Swee Peng FROM The Connaught in London to The Bell Inn in Aston Clinton, Buckinghamshire, to The Stables in Singapore. No, Chef Kevin Cape has not joined the Stables full-time.526 words
-
Article, Illustration140 1991-09-21 20 Crabtree Evelyn at Alkaff E NGLISH Afternoon Tea, in the Crabtree and Evelyn tradition, is being served at the Alkaff Mansion from today till Sep 29. The sumptuous spread, prepared by Chef CarolJane Jackson of the Leiths School of Food Wine in London, include: cucumber and mint sandwiches, smoked salmon140 words
-
-
LIFESTYLE
-
Article, Illustration867 1991-09-21 21 Nirmal Ghosh - Safe for the moment Nirmal Ghosh sums up the plight of whales and the squabbles of humans over their fate Nirmal Ghosh VERY FEW conservation issues create as much heat as whaling. The International Whaling Commission's (IWC) periodic meetings have been arenas for furious squabbling and mudslinging by governments and867 words
-
Article, Illustration847 1991-09-21 21 N K Yong - Will you return the bottle of wine if you detect a 'foreign matter' in it? NK Yong explains what that 'foreign matter' may be N K Yong A FUNNY THING happened to me the other night at a Chinese restaurant. The waitress847 words
-
Article, Illustration282 1991-09-21 21 Sybil Holloway - Bridge By Sybil Holloway Deceptive PLXYis the term used by bridge writers when the declarer makes a. play aimed at misleading an ogpbr nent. On the other hand, the defender's deceptive play is usually referred to as "fifofr' carding". TT7! He is said to falspcard when282 words
-
-
PURSUITS 1
-
Article, Illustration815 1991-09-21 22 Samuel Ee - ;fi was launched at a popular night spot a couple of months ago. It was thrown into a few sharp corners a couple of days ago. Samuel Ee reviews the new BMW 3-series Samuel Ee IF ONE specimen each of every new model that ever rolled off the815 words
-
Article551 1991-09-21 22 An informative book on the Triads ji.;that also manages to intrigue TheSWads The Chinese Cribribal Fraternity By Martin Booth Grafton Books 204 |P, including appendices Reviewed by Ninnal Ghosh Martin booth starts this book a bit like a diver tiying to get to the surface. It is difficult551 words
-
Article, Illustration467 1991-09-21 22 Gopal Baratham's Sayang is likely to raise the hackles of the hidden Ayatollahs among us Say*ng By Gopal Baratham Times Editions 214 pp, $1230 Reviewed by SafflTripathi THIS is the story of Joseph, Mary and their son Kris who was bom of immaculate conception and is crucified467 words
-
Article, Illustration699 1991-09-21 22 Susan Tsang - Hudson Hawk is the kind of movie that packs in too many things at one go. Susan Tsang gets (fizzy trying to keep up with the action Susan Tsang POOR Hudson Hawk. After spending 10 uneventful years in prison for cat burglary, he gets paroled and things699 words
-
Article, Illustration267 1991-09-21 23 Jaime Ee - Make a statement with a white sofa. Jaime Ee puts together a collection that's bound to make you sit up Jaime Ee "T" HITE. It's a colour that most mothers would agree upon as the /M perfect shade for a wedding gown. WT Unfortunately, it's these same y267 words
-
-
PERSONAL FINANCE & INVESTMENT 1
-
ME!
-
Article263 1991-09-21 24 Lee Han Shih - Compiled by Lee Han Shih SIfcfGAPOREANS HAVE been quietly moving into the Aus-tin-property market in a big way. In the past 12 to 18 itfalhs, they are said to have pumped about about AS 100 minion (S$ 135 million) into properties Down Under from shopping263 words
-
Article159 1991-09-21 24 AN ARTICLE in the latest Institutional Investor on wty the once high-flying British merchant bank Kleinwort Benson fared so badly after the 1986 Big Bang: "If there were a league table ranking the City's most foigiving employers, KJeinwort would surely top it. Interviews with nearly two159 words
-
Article41 1991-09-21 24 vr*y' II t-- INSTITUTIONAL INVESTOR is a much-respected publication, but sometimes it makes mistakes. In a recent overseas Chinese, it quoted the Kwek family of the I |aij|li>ong group as Cantonese. The Kweks, of course, come41 words
-
Article90 1991-09-21 24 MR NG TENG FONG to tuiii i potentially unhappfrgjlkm to his advantage. Knowing that building work of tyjw&f hj* River Valley Road projects is likely to irritate in the Belle Vue condominium whose windows look <**«&»« k* recently sent each of them a bouquet of flt>ggrJk He not90 words
-
Article105 1991-09-21 24 IKT3UR STORY "Stars and Stocks" (BT Sept 7-8 edition) birraancial consultant Arul Inthirarajah, we inadvertently introduced a typographical error in the concluding paragraphs. Mr Inthirarajah had written: "Mars is square with both Dragons on Sept 26 and could be the catalyst for violence. J "Simultaneously, Venus moves105 words
-
-
Article, Illustration665 1991-09-21 24 Goh Hiang Fong - Investments by foreigners play an important part in the Singapore stock market. It is therefore necessary to track their activities CHART mmmm By Goh Hiang Fong Goh Hiang Fong is head of research, Lum Chang Securities Pte Ltd THIS WEEK we would like to shift our focus665 words
-
Article, Illustration1003 1991-09-21 24 Chew Eng Han - Why should anyone be interested in a company making toilet bowls, sewerage pipes and moulds for french caps and rubber teats? Chew Eng Han finds out STOCK Chew Eng Han GOH Ban Huat makes goods that are far from glamorous. But they1,003 words
-
Article, Illustration386 1991-09-21 24 Chew Eng Han - Chew Eng Han sees the greenback falling further against the S$ Chew Eng Han Reflective of its fundamental strength, the Singapore dollar surged to a historic high of 1.6910 against the US dollar this week. The break below the previously strong support ofChart by Telerate - 386 words
-
510 1991-09-21 24 Chew Eng Han - By Chew Eng Han INTEREST rates are firmly on a downtrend in many parts of the world, including three of the Group of Seven (G-7) countries, the United States, Japan and Britain. In the Asian region, expectations are also for easier monetary510 words
-
Article, Illustration1088 1991-09-21 25 Kooi Cho Teng - Fancy t>uyinga flat in London? Kooi Cho Teng guides the prospective purchaser through a myriad of hitches and on how to raise the necessary funds ON Kooi Cho Teng Have you thought of buying an apartment in London's posh Knightsbridge area so1,088 words
-
1069 1991-09-21 25 Dawn Tan - A big number of bond issues in America this year saw many overseas investors being drawn into the US markets. Dawn Tan gives an overview of the situation Dawn Tan A SURGE of issues in the US bond market earlier this year1,069 words
-
-
JOBS
-
Article, Illustration1185 1991-09-21 26 Kooi Cho Teng - Who gets what perks in corporate life? Kooi Cho Teng has the details of the latest survey on fringe benefits for executives -carried out by the Singapore National Employers Federation Kooi Cho Teng I" F YOU think that v sales executives are r. the1,185 words
-
Article, Illustration307 1991-09-21 26 Mr» Tien Sing Cheong has beet appointed Chief Executive; Officer of Steamers Maritime Holdings Limited (Steamers), a member of the Keflpel Group. Mr Tien is currently the Managing Director of Intraco United and prior to this, Senioj Vice-President of Seagate Technology International. Mr ISit Peng Sang has been307 words
-
Article, Illustration871 1991-09-21 26 Laura Myers - Laura Myers profiles Richard M Rosenberg of Bank America Corp, the man who's as quick with a quip as he is with a corporate decision Laura Myers AP RICHARD M Rosenberg wears the dark suits of a banker, but nothing else about the bossAP - 871 words
-
-
Article1036 1991-09-21 27 a* nm et> no 05 ggt n» n«M n» GA890 0050 J® 2 SQI 12 1545 teMMa QF81 1820 SQ227 2200 SQI 11 1705 MH610 1715 I I Qf82 2200 MH/SQ671 1800 MH643 1730 *—i RJ183 0030 J*" 67 >800 SQ114 1745 —■>■»<— SQ19 0755 SQ241,036 words
-
THE TRAVEL PAGE
-
Article, Illustration663 1991-09-21 27 Rob Rachowiecki - POSTCARD FROM GALAPAGOS By Rob Rachowiecki SIX HUNDRED miles off the Pacific coast of Ecuador lie the darkly volcanic islands of the Galapagos. They used to be called the Enchanted Islands, so named by a Bishop of Panama who discovered them accidentally after drifting off course663 words
-
Article152 1991-09-21 27 At at 3pm yesterday: Local dollars to one unit of foreign currency Currencies Bid Offer Australian dollar 1.3442 1.3557 Canadian dollar 1.4778 1.5002 NZ dollar 0.9811 1.0009 Sterling pound 2.9229 2.9479 US dollar 1.6930 1.6980 Local doltan to 100 writi of fcrrip antacj Austrian schilling 14.138 14.352152 words
-
Article35 1991-09-21 27 Duration Title Venue Organiser Tel Duration 1Hr S a=a *>"•» sSr c 14-22 S"-- Turin, luly Torino *****569 Exhibition caravan ft Esposizioni l y/3< SSL. SpA &p 23 Sri Exhibition Office Furniture J <35 words
-
-
TIME OFF
-
Article116 1991-09-21 28 Tokyo String Quartet This quartet has received extraordinary acclaim and is now hailed as one of the greatest quartets in chamber music history. Performers include Peter Oundjian (first violinist); Kikuei Ikeda (second violinist); Kazuhide Isomura (violist) and Sadao Harada (cellist). Venue: Victoria Concert Hall. Sep 25 26. 8.15pm. Familiar116 words
-
Article, Illustration236 1991-09-21 28 Yasotha M - Compiled by Yasotha M Invigorating Works off 8 Masters Exhibition by 8 masters: Keong Hean Keng, Khor Ean Ghee, Lee Hock Moh, Stephen Leong Chun Hong, Loh Khee Yew, Low Puay Hua, Thang Kiang How and Tan Chwee Seng. Venue: Paragon Atrium, Orchard Road. Sep 20-29. 10am-Bpm. Lady SophiaAllan Art - 236 words
-
-
Article, Illustration670 1991-09-21 28 Atame! Tie me up or tie me down. Doesn't really matter, I'm not doing much anyway. A loonie abducts a porn star (maybe not so loonie, he could have kidnapped a head of lettuce) and tries to convince her that there's more to a rope than skipping with it.670 words
-
-
Page 17 Advertisements
-
Advertisement137 1991-09-21 17 BDBD 24-hour Loan Information Service Approval' 33 4 3 58 8 I 33 4 3 68 8 *I" m T SI I HMNr yoc/ TO RIDE FOR ME AT ROYAL ASCOT." t I fSS£<' I I 'f*: I 1 'rBHI "v. S 1/ 0 w^KmfT-' s flßjul >jl^w|v OMEGA. The137 words
-
-
Page 18 Advertisements
-
Advertisement24 1991-09-21 18 BT welcomes letters from you. Address them to: The Editor, Business Times, 390 Kim Sens Road, Spore 0923. Letters should include your contact numbers.24 words
-
-
Page 18 Miscellaneous
-
Miscellaneous19 1991-09-21 18 POONESBURY by garry trudeau ir«& ii ONm»GMIM \uj CKXKSmPSAfHeSHeS TRUTHf I 55£2T THNRN&6UOF& NAVII C&V&SHBMNTSTD J nJCHMORB FOR7HB ww19 words
-
-
Page 20 Advertisements
-
Advertisement153 1991-09-21 20 WHERE TO WINE, DINE AND ENTERTAIN WHERE TO WINE, DINE ANDENTEBTAiirijtfHFRFW^^^i^^ V PRINCESS %££%o •••now on Fridays and Saturdays From now on, our Chinese Porridge Buffet will be served only on Fridays and Saturdays from 10.90pm to 3.30 am but at the same old prices $11.00 for adults and $6.50153 words
-
Advertisement246 1991-09-21 20 T( iwJiiiii A TASTE OF KELANTAN AT THE HYATT Plum s brings you the best of Kelantan. Mate your selection from a delightful array of Kdantan fare for lunch, tea and dinner. There are even handicraft demonstrations and a lucky draw with trips to Keiantan plus complimentary accommodation to be246 words
-
Advertisement142 1991-09-21 20 Why worry about breakfast or lunch on _J Children's Sunday moraine? Come down \or for brunch with your whole family and iVlUvllieS at feast on a delectable spread of hot *■>««Jrtf "IZZSSZX Gornerl s7l p Jea dtecernln Plates. nowmv*£ J Aladdin DELIGHTS Callin| al Hi «t Mb Cafe Aladdin hai142 words
-
Advertisement135 1991-09-21 20 B PRESENTS ONE OF EUROPE'S BEST From September 16 to 30, you can savour the finest in continental cuisine expertly prepared by master For reservations, please call *****11. ft--*-CrtNrMa MHmt {SSXmZ2| m nwiti mt awt —mm mt.m nmm —n A I —I Mi L. r r i i i r135 words
-
-
Page 21 Advertisements
-
Advertisement121 1991-09-21 21 AND ENTERTAIN I f A scrumptious buffet selection for the adults. Cartoons and toys for the kids. Every Sunday. 11 am to 2.30 pm. Adults $31++ Kids $19++ For reservations, ANA HOT& r plMMcal732-1222txt 1582/1597. Ttfaphoncmrati m Mongolian Buffet at New Park Cafe I Pick the choicest ingredients from our121 words
-
-
Page 25 Advertisements
-
Advertisement235 1991-09-21 25 H' H t V H W MHKftLl^ «nri 'i w 1/ K;« ■'■feSfev Quick and Easy. Get instant cash for your shares over the counter at any of our 28 branches Scripless Counters are a/so acceptab/e Loans from $2,000 to $100,000 -I*- Borrow for one, two or three months 33£235 words
-
-
Page 26 Advertisements
-
Advertisement213 1991-09-21 26 |H3lllQuilXlai£H Advertisement OPENING OF DHL AIR EXPRESS CENTRE I L DHL Express the most sophisticated air chose Singapore as its first base Centre in Singapore was officialy facilities in this part of the for the Asia-Pacific region Now in 6pened by Mr Mah Bow Tan, world: 1991 .Singapore is indeed213 words
-
-
Page 27 Advertisements
-
Advertisement37 1991-09-21 27 Vaasa matter? Don't you know that Finnair flies to 16 countries in Europe? With a superb twice-weekly service from Singapore to Helsinki and then on to everywhere from Vaasa to Vienna. Call *****77 for details. We kmrbnfaltaaaßtlonnnUi37 words
-
Advertisement6 1991-09-21 27 Innovation Technology in BT on Tuesday6 words
-
Advertisement63 1991-09-21 27 LESBIANS i IN SINGAPORE I > i^ > +1 r -If rr;;. couple, a lesbian's two £?;U <**" t I*h; -'V ex-girlfriends, a man whose LJ i ex-girlfriend is now a lesbian, 2 a teenage lesbian and a > former lesbian tell their IdilMl* stories today. OII9M i 19 ,iue63 words
-
-
Page 27 Miscellaneous
-
Miscellaneous280 1991-09-21 27 1 Defendant loses his right ■■■—■■■—|«J— for an old penny and be- r comes dejected (10) 6 Middle Easterner has some business near a bank (4) I I 9 Photograph monster flow--10 Festivity for nearly everyone in Georgia (4) 1 I I I I I I I I I 13280 words
-
Miscellaneous169 1991-09-21 27 World forecast Asia-Pacific Hi/Lo* Cood. Auckland 18/13 Showers Bangkok 33/24 Showers Beijing 23/11 Sunny Brunei 32/23 Cloudy Hongkong 31/22 Sunny Jakarta 31/23 Fair Kuala Lumpur 32/25 Showers Manila 31/26 Showen Me1b0urne..—........ 16/04 Sunny Perth. 20/11 Sunny SeouL 25/17 Fair Sydney 21/10 Sunny Taipei 28/25 Windy Tokyo 26/19 Sunny Wellington 16/05169 words
-
Miscellaneous27 1991-09-21 27 U»UiV.m*i!UBI»U!JBBJ 7SO mPiKN &J.OTIN& f gira_i/ V lifTT.. 'cnORHING fML—I UHftT aV VjWHGSLrthPftwep....; fix.'R6-. GonJft ncr II utkmcr" ESSU23I2P' J 3S£==ggg— -a--———, P r ~\—y C«¥—WTOWttOWPCatm.<W»W»I r.27 words
-
-
Page 28 Miscellaneous
-
Miscellaneous1472 1991-09-21 28 TODAY'S TV Bunny Jm Tariin Ke Wildlife Tale.: The Camargue J2 IS SBC 5 Wild Seiith, um A case of mouse go- 12pm, SBC 1105 under umbreSTTroe. ing to the country. In this This is the home of extraor- 11-30 TV Pendidikan. case, it's four sociology stu- dinary wildlife fla-1,472 words
-
Miscellaneous596 1991-09-21 28 Letters From the Park, Mon, the rich and the bitchy. 10.30pm, SBC 12 Based on Dominick Dunn's Spanish movie about two nov el- Two-parter. lovers who use the same let- Sunil, Wad, 10.30pm, ter-wnter to pen pages of af- $gg 12 fection to each other. It's not long before the596 words
-