The Business Times, 2 November 1991

Microfilm: NL17723
Total Pages: 32
1 32 The Business Times
Page thumbnail Page 1
  • Title Section
    Masthead
    10 1 BusinessTimes MCI (P) 16/12/90 Weekend Edition, November 2-3 1991 75'
    10 words
  • NEWS & MARKETS
    • Article
      Canberra to open trade offices in Hanoi, Jakarta
      73 1 CANBERRA Australia will open new trade offices in Vietnam and Indonesia to help boost its presence in Asia and the Pacific over the next three years, the government said yesterday. The government's trade promotion group, Austrade will post 63 extra staff to
      73 words
    • Article
      Aung San Suu Kyi Happy with peace prize
      57 1 OSLO Detained Burmese opposition leader Aung San Suu Kyi has learned that she has won the 1991 Nobel Peace Prize and is very grateful, the Norwegian Nobel Institute said yesterday. Burma's military government has held Aung San Suu Kyi in isolation at
      57 words
    • Article
      Dow higher
      28 1 WALL STREET opened higher yesterday, with the Dow Jones index of 30 leading industrials rising 4.69 points to 3,073.79 in the first five minutes of trading.
      28 words
    • Article
      Footsie lower
      41 1 LONDON shares were lower at midday yesterday, dragged down by concerns abut the the pace of the British economy's recovery. At about noon (1200 GMT), the FTSE 100-share index was down 10 points, or 0.4 per cent, at 2,556.0.
      41 words
    • Article
      New GPC heads
      28 1 PRIME MINISTER Goh Chok Tong has reshuffled the leadership of Government Parliamentary Committees, bringing in six new chairmen to help in national policymaking. Page 2
      28 words
    • Article
      NOL's cruise plans
      37 1 NEPTUNE Orient Lines has plans to expand into the regional cruise business in two or three years' time through a joint venture which could involve partners in the airline and hotel industries. Page 4
      37 words
    • Article, Illustration
      STOCK INDICES
      29 1 Friday Change BT-MGA 701.06 6.88 Kuala Lumpur ....537.03 f5.63 Tokyo 25,044.24 -178.04 Hongkong 4,037.82 -0.92 Sydney 1,682.0 -0.3 Tharsday Change New York 3,069.10 -2.68 London 2,566.0 -11.1
      29 words
    • Article
      CURRENCIES
      24 1 Fffffttrgt rates US$ S$ 1.6875 100 Yen SS 1.2906 MS S$ 0.6139 Mwwy market rates Overnight 3 7/16% 1/16 3-month 3 3/4 unch
      24 words
    • Article
      COMMODITIES
      36 1 London Gold AM fix US$357.5 US$0.10 Dec l40.00Vkg -0.50 M'sia Dec 225.50*/kg unch KL Tin Turnover. 65 tonnes -I Spot M$ 14.83 /kg unch Credo palm oil Turnover 1,443 lots -354 Dec M$877 /tonne 3
      36 words
  • Article
    Anwar unveils major revamp of incentives
    822 1  -  Malaysian Budget From Leslie Lopez in KUALA LUMPUR MALAYSIAN Finance Minister Datuk Seri Anwar Ibrahim announced in his maiden budget yesterday a major revamp of incentives for the industrial sector and new schemes to widen the government's tax base. In his budget speech to
    822 words
  • Article, Illustration
    S'pore firms must step up training efforts: PM
    479 1  -  By Chuang Peck Ming SINGAPORE Singapore companies would have to redouble their training efforts to overcome the Republic's natural handicap in numbers. Prime Minister Goh Chok Tong said last night in a speech that marked the 10th anniversary of the productivity movement.
    479 words
  • Article, Illustration
    HK property giant buys 10pc stake in Amcol
    463 1  -  New World likely to be given board representation By William Chia SINGAPORE Hongkong property giant New World Development Group has taken a strategic 10 per cent stake in Amcol Holdings, a move which will lift the Singapore-listed company's profile. The stake, comprising
    463 words
  • Page 1 Advertisements
    • Advertisement
      Page 1 Advertisements Column 1
      112 1 Nikon ThcUfbrid'sßnMt Photographic Syrtwn. The grit behind the glamour. Aircraft Schedule EL 11 Commodities 19 Company News 4.5 Cryptic Crossword EL 11 Executive Jobs EL 10 Futures ft Options 18 Interbank Fore* Rates 18 RISE 13 Money Changer Rates EL 11 Money Market 18 Regwnal Stock Markets 16 SES 9-11
      112 words
    • Advertisement
      Page 1 Advertisements Column 2
      18 1 OPINIONS Tolerance and that dreaded 'H' word. EL 2 A place for women in 'hard' politics. EL 2
      18 words
    • Advertisement
      Page 1 Advertisements Column 3
      25 1 PURSUITS Tay-lor made to sing. EL 6 Simply Red: towards shiny yuppie soul. EL 6 Commentary, Pg 3 Strong growth rates worry economists, Pg 3
      25 words
    • Advertisement
      Page 1 Advertisements Column 4
      254 1 PURSUITS The movement of a watch is dust, dirt and water. It provides Rolex Oysters have climbed its heart. Precious. Delicate. For a totally secure protection for the highest mountains, dived to centuries craftsmen have striven the precision Oyster movement. the depths of the oceans and to provide it with
      254 words
    • Advertisement
      Page 1 Advertisements Column 5
      18 1 Nikon Th»¥Ubrtd'»rin—t Photographic ty>>m. FINANCE Chart psychology. EL 8 The performance of Japanese and Asean stockmarkets. EL 9
      18 words
    • Advertisement
      Page 1 Advertisements Column 6
      21 1 JOBS Castrol's MD chugging along nicely. EL 10 The importance of being expert. EL 10 Property powerhouse in the making, Pg4
      21 words
Page thumbnail Page 2
  • SINGAPORE NEWS
    • Article, Illustration
      PM picks new men for the GPC helm
      414 2  -  Reshuffle to give MPs wider exposure to different areas of govt By Yang Razali Kassim PRIME MINISTER Goh Chok Tong has reshuffled the leadership of Government Parliamentary Committees, bringing in six new chairmen to help in national policymaking. A statement from the
      414 words
    • Article
      Don't use CPF to curb job-hopping: Boon Heng
      210 2 THE CPF SCHEME should not be used to check jobhopping, as some employers have suggested recently, the new chairman of the National Productivity Board told NTUC News. Lim Boon Heng, also Senior Minister of State (Trade and Industry), warned against "tinkering" with
      210 words
    • Article
      Call for govts to give Northern Growth Triangle kick-start
      301 2  -  By Carolyn Lim THE Northern Growth Triangle concept could not take off the way the Johor-Singapore-Batam Growth Triangle had unless the governments concerned gave it a Arm push, Dr Lee Tsao Yuan said yesterday. Or Lee, who is deputy director of
      301 words
    • Article
      S'pore may lose more Aussie, NZ tourists
      450 2  -  By Sylvia Wong VISITING Australian tour wholesalers yesterday warned those in the local tourist trade that they risked being out-priced by their counterparts in other destinations such as Honolulu and Thailand. Greg Seddon, vice-presi-dent of the Australian Council of Tour Wholesalers, yesterday singled
      450 words
  • SHIPS IN PORT
    • Article
      AT CONVENTIONAL WHARVES
      488 2 W MI J Ha, III Ih a 1 .1 U M M— Mm. i t n,n,rfi,« H9M toy w Mnn mwi Mpvvft vcssa iff nt bw wnw nprav Marina Ttnainl 1 Ttnainl Batam Mam *****1 MM atongade 01.11/2300 Ba*sr*ao RCS82A SOI atone* 01 11/2000 Batam Sayang *****1
      488 words
    • Article
      CONTAINER SCHEDULE
      1089 2 RECEIVING Of EXPOtn Fa CONTAINERS WD LCI CARCO «> 1 <1-1 Kecora sooiung/Mance R9li Ship Woy No Etb/Btr Poriod From To From *cx Daisy 20A 02/1800 1 01/1500 01/1659 01/1900 ACX Ruby 28A 04/0400 3 02/0700 02/1159 02/1400 4 02/1200 02/1459 02/1700 Aka Bhum 115S 02/2300 1 01/1500
      1,089 words
Page thumbnail Page 3
  • FOCUS
    • Article
      Ain't no such thing as a tax-free lunch now
      797 3  -  Economics Correspondent Kenneth James comments on the Malaysian Budget Kenneth James MALAYSIAN Finance Minister Anwar Ibrahim's maiden Budget presentation packed a wallop for foreign investors. Yet Prime Minister Dr Mahathir Mohamad said it loud and clear more than six months ago.
      797 words
    • Article, Illustration
      Lock icon Strong growth rates worry economists
      862 3  -  The Economic Report shows Malaysia's growth is likely to be strong this year and the next. Too strong, say some analysts. Leslie Lopez, writing from Kuala Lumpur, outlines some of their reservations Leslie Lopez THE Malaysian economy is set to outperform most of the neighbouring
      Source: Malaysian Economic Report 1991-92  -  862 words
    • Article
      Earnings likely to fall as foreign demand softens
      459 3 Commodities APART from palm oil, Malaysia expects its agricultural exports to decline due to lower demand in traditional markets. The Economic Report 1991/1992 has forecast export earnings from the agricultural sector to grow marginally by 1.1 per cent to M 515.8 billion
      459 words
    • Also from the Economic Report...
      • Article
        Fiscal prudence policy prevails
        76 3 MALAYSIA will continue with its policy of fiscal prudence next year in light of rapid expansion in domestic aggregate demand and the need to avoid the fiscal aggregates from exerting pressure on prices. The report said the public sector expenditures had been planned to fund approved
        76 words
      • Article
        Monetary policy for stability
        65 3 M 1992 monetary policy will continue to be supportive of economic growth and the promotion of price stability. Measures would be undertaken to keep inflationary pressures in check especially in moderating cost-push forces generated by wage pressures and shortage of labour. The government would continue its
        65 words
      • Article
        The rise and rise of exports
        103 3 EXPORTS in 1991 are projected to grow at a rate of 20.1 per cent to M 595,665 million from a growth of 17.4 per cent in 1990. The continued uptrend in the export performance is largely due to the competitive position enjoyed by Malaysian
        103 words
      • Article
        More jobs to go around
        52 3 THE favourable economic condition during the review period was expected to create 227,900 new jobs or a 3.4 per cent employment in 1991. Labour force during the review period was expected to grow at a slower rate of 3 per cent compared to the employment
        52 words
      • Article
        Cabinet committee on services
        90 3 A CABINET committee on services has been established to plan and expedite the development and modernisation of the services sector. The establishment of the committee is aimed at improving the balance of payments position and enhancing modernisation in the economy. Greater emphasis and development in the
        90 words
    • Article, Illustration
      Robust sector is engine of country's growth
      383 3 Manufacturing and other sectors MALAYSIA'S manufacturing sector is expected to continue its robust growth into the early *****, with expansion rates of 14.5 per cent in 1991 and 15 per cent next year, according to the Economic Report 1991/1992. The high growth forecast
      383 words
Page thumbnail Page 4
  • COMPANY NEWS 1
    • COMPANY BRIEFS
      • Article
        Island & Peninsular to buy Taiping property
        46 4 Island Peninsular to buy Taiping property KUALA LUMPUR Island Peninsular has agreed to buy a piece of property from Taiping Consolidated for Ms6s million. The freehold property, Pajam Estate, is located in Seremban, Negri Sembilan, measuring 1,014 ha. The acquisition will be financed by bank borrowings.
        46 words
      • Article
        Sel Props, M Cement drop deal
        38 4 KUALA LUMPUR Selangor Properties and Malayan Cement have rescinded a Msll3 million deal to buy the entire equity of Damansara Developments from Lien Hoe Corporation after failing to receive the relevant approvals.
        38 words
      • Article
        Berjaya to appeal to ministry
        60 4 KUALA LUMPUR Beijaya Industrial has decided to appeal to the Malaysian Ministry of Finance to approve the sale of a 33.18 per cent stake in Beijaya Singer to Berjaya Leisure for M 5207.01 million or M 54.20 per share. The Capital Issues Committee had revised
        60 words
      • Article
        Approval for YHS rights issue
        39 4 SINGAPORE Food and beverage giant Yeo Hiap Seng has been given in-principle approval by the Stock Exchange of Singapore for a one-for-two rights issue, which will help the group raise at least $47.4 million.
        39 words
      • Article
        Natalon sells 20m PCL shares
        44 4 SINGAPORE Natalon Company Ltd of Hongkong confirmed yesterday that it sold 20 million shares in Pacific Carriers Ltd of Singapore on Wednesday, cutting its stake to 18.55 per cent. The shares were sold for $34.6 million or $1.73 apiece.
        44 words
      • Article
        Firms to revamp businesses
        30 4 SINGAPORE Independent shareholders of Winfoong Investment Ltd and the Registrar General (Land Office) on Thursday approved the reorganisation of Winfoong's and Hong Fok Corporation Ltd's businesses.
        30 words
      • Article
        New director for SPP, Tuan Sing
        29 4 SINGAPORE SPP and Tuan Sing Holdings boards of directors have appointed Mr Lau Cheng Soon as an executive director with effect from yesterday.
        29 words
      • Article
        SAE foreign interests at 17.7pc
        29 4 SINGAPORE Singapore Automotive Engineering reported yesterday that foreign shareholders have a 17.7 per cent stake in its paid-up capital as at end October 1991.
        29 words
      • Article
        M'sia British Assurance earnings
        80 4 KUALA LUMPUR Malaysia British Assurance Bhd has repotted a 25 per cent gain in interim group net earnings to M 5835,000. Pre-tax profit rose 33 per cent to M 52.05 million and turnover increased 16 per cent to M 535.66 million. Earnings per share were 2
        80 words
    • Article, Illustration
      NOL to expand cruise business
      325 4  -  National carrier plans to seek partners including airlines, hotels From Rahita Elias in NEW YORK NEPTUNE Orient Lines (NOL) has plans to expand into the regional cruise business in two or three years through a joint venture which could involve partners in the airline and
      325 words
    • Article, Illustration
      HK bourse and watchdog to appeal to Exco
      362 4  -  From Catherine Ong in HONGKONG A PACKAGE of reforms largely similar to the one passed at an invalid meeting of the Hongkong Stock Exchange (HKSE) has been approved by the Securities and Futures Commission (SFC). The ruling bodies of the two organisations
      362 words
    • Article
      Neptune sees limited reaction from rival lines to new US service
      310 4 NEW YORK Neptune Orient Lines (NOL) is expecting a "very limited reaction" from competitors to its new all-water service between the Far East and the US east coast. Chief operating officer Lim How Teck said that most other major
      310 words
    • Article
      Property powerhouse in the making
      458 4 New World, Amcol portfolios will complement each other SINGAPORE A formidable property force could emerge in Asia as a result of the link up between Hongkong conglomerate New World Development Group and Singapore listed trading-cum-property company Amcol Holdings. Although the two groups are diversified in
      458 words
    • Article
      Lock icon Lion Nathan's earnings exceed forecast
      338 4 Reuter AUCKLAND Brewer Lion Nathan Ltd's 17 per cent jump in net profit to NZ570.98 million exceeded both analysts' and the company's expectations. Lion Nathan, Australasia's biggest beverage company, also said it would raise NZ$2OO million through an issue of convertible stock to shareholders. The
      Reuter  -  338 words
    • Article
      Takashimaya opens store at Raffles Hotel
      272 4 SINGAPORE Japanese retail giant Takashimaya opened its third boutique store in Singapore at the Raffles Hotel shopping arcade yesterday. Takashimaya Singapore's general manager, Mr Takeo Tanaka, said the company chose tu open a store at the Raffles because the building had great historical significance
      272 words
    • Article
      Lock icon Bentoel faces takeover bid by Indon group
      294 5 Agencies HONGKONG The financially troubled Indonesian cigarette maker Bentoel faces a takeover bid by a group of Indonesian companies, according to a report to be published in the Far Eastern Economic Review. The report says the Rajawali Group a consortium of well-connected firms
      Agencies  -  294 words
    • Article
      Lock icon Nissan blames 56.8pc fall in interim profits on sluggish sales, rising costs
      471 5 FT TOKYO Nissan Motor, the Japanese car maker, has reported a 56.8 per cent decline in pre-tax profits to 35.4 billion yen (***** million) in the six months to the end of September as a result of sluggish
      FT  -  471 words
    • Article, Illustration
      Lock icon ICI says 3rd quarter jump in profits due to cost-cutting
      341 5 Reuter LONDON Imperial Chemical Industries pic, Britain's biggest manufacturer and a bellwether of the nation's industrial health, on Thursday announced a 22 per cent jump in third quarter profits. But it dented stock market hopes of any quick early end
      Reuter  -  341 words
    • Article
      Thai group takes over sub-broker
      313 5 BANGKOK A group led by Thai investment bankers Seamico has acquired subbrokerage firm Chartered Chin Tung Ratta Securities Ltd, the Bangkok Post reported earlier this week. The announcement was made in a joint statement released by two major shareholders, Rattapaitoon Group executive chairperson Khunying Patcharee
      313 words
    • Article
      Lock icon San Miguel profits rise 59pc in first nine months
      245 5 AFP MANILA San Miguel Corp, the Philippines' largest manufacturing conglomerate, announced on Thursday a 59 per cent rise in profits in the first nine months of the year to 2.03 billion pesos (S$ 122.4 million). Third-quarter profits alone rose by 114
      AFP  -  245 words
    • Article
      Lock icon Ultramar chairman quits as firm fights takeover bid
      449 5 Reuter LONDON The chairman of oil company Ultramar pic and two of his board quit on Thursday in the midst of the company's battle to fend off a £1.18 billion (553.46 billion) takeover bid. Chairman John Darby said the company's disappointing performance
      Reuter  -  449 words
    • Article, Illustration
      Lock icon UAL Corp third quarter earnings down 76pc
      295 5 Reuter CHICAGO UAL Corp, the parent of United Airlines, has reported a 76 per cent crash in third-quarter earnings, due to the sluggish US economy and cheap fares. The Chicago-based carrier said it earned US$25 million (5542.3 million), or $1.05 a share, compared
      Reuter  -  295 words
    • COMPANY BRIEFS
      • Article
        JAL's six-month net profits fall 91pc
        131 5 TOKYO Japan Airlines, the country's largest airline, said on Thursday that its net profits in the April-September period fell 91 per cent from a year earlier. It attributed reduced business in the first half of its fiscal 1991 to the sluggish Japanese economy and
        131 words
      • Article
        Barbie dolls from Indonesia
        56 5 JAKARTA California-based Mattel Toys is setting up a plant here to produce Barbie dolls for export, Mattel's chief executive John Amerman said here on Thursday. Announcing the groundbreaking of the US$2O million (5533.7 million) plant in Cikarang industrial estate, Mr Amerman said the plant will start
        56 words
      • Article
        Atlas agrees to back taxes plan
        74 5 MANILA A Philippine tax committee said it had reached an agreement with copper producer Atlas Consolidated Mining and Development Corp on a five-year monthly payment plan for the firm's 1.7 billion pesos (SSIO2 million) back taxes. The tax plan, which the Finance Department still
        74 words
      • Article
        Seagram selling seven brands
        70 5 NEW YORK Joseph Seagram Sons Inc said on Thurs- f day that it will sell seven brands of its distilled spirits Jo American Brands Inc's Jim Beam subsidiary for U*****.5 million (***** million). The brands, whose combined sales exceeded 5 million cases last year, are Lord
        70 words
      • Article
        S Korean firm joins Nynex, BT
        60 5 SEOUL South Korean construction and trading group Kolon Group has formed a consortium with United based Nynex Corp and British Telecommunications pic in a bid to become the nation's second mobile telecommunic#tions provider, a Kolon spokesman said. South Korea's bile telecommunication market has been
        60 words
      • Article
        Bitter pill for candy maker
        73 5 JAKARTA Indonesia's population and environment min-, ister Emil Salim will sue a British joint-venture candy manufacturer, accused of being the biggest polluter of Jakarta's Ciliwung River, unless the company meets its commitment to install a waste treatment system. The Kompas newspaper quoted Mr Salim as
        73 words
    • Article
      Lock icon News Corp plans US$700m public offers
      381 5 AP NEW YORK News Corp Ltd, the Rupert Murdoch-led media conglomerate that was scrambling to restructure debts a year ago, says it is preparing public offerings of US$7OO million (551.183 billion) in new securities. The Australian-based publisher, broadcaster and Hollywood studio owner says it
      AP  -  381 words
  • Page 4 Advertisements
    • Advertisement
      Page 4 Advertisements Column 1
      309 4 -Sffl MBA (ACCOUNTANCY) mm ™ttttt Applications are invited for admission to the MBA (Accountancy) Programme for z m the 1992 93 academic year commencing 6 July 1992. This is a post-graduate programme leading to the award of the MBA (Accountancy) degree. The aims of the programme are: To prepare graduates
      309 words
Page thumbnail Page 5
  • Page 5 Advertisements
    • Advertisement
      Page 5 Advertisements Column 1
      205 5 ■B PeariccnterS93o The new Pearicorder 5930 from Olympus is the world's first microcassette recorder equipped with an Auto date/time memory. By pressing the Date button, the current time and date of the recording is automatically recorded onto the tape itself. The Date/Time function memorizes the date and time of a
      205 words
Page thumbnail Page 6
  • FINANCIAL NEWS
    • SMALL CHANGE
      • Article
        Jakarta approves first 10 money brokers
        57 6 JAKARTA Jakarta has issued approval in principle to 10 companies, including seven foreign joint ventures, to operate as the country's first money brokers, press reports said here yesterday. The Antara news agency quoted central bank managing director Hendrobudiyanto as saying the firms would start
        57 words
      • Article
        50b yen loan to stock speculators
        59 6 TOKYO Japan's Sumitomo Fudosan Finance Co loaned 50 billion yen to speculators who used the funds to manipulate the prices of computer sales company shares, press fcports said on Thursday. The loan was extended between September last year and August this year to a
        59 words
      • Article
        HK govt to defend bank in court
        60 6 HONGKONG The Hongkong government said in a statement it will be responsible for contesting a suit filed against Guoco Group Ltd's Dao Heng Bank, formerly Hang Lung t&nk, which was bought from the government in 1989. The soft was filed in Hongkong by
        60 words
      • Article
        Visa sees 16pc volume increase
        28 6 SAN FRANCISCO VISA International reported on Thursday second-quarter card transaction volume of U5592.4 billion, a 16 per cent increase over the year-ago quarter.
        28 words
    • Article, Illustration
      Lock icon Equiticorp officials committed for trial on fraud charges
      266 6 AFP AUCKLAND Six executives of New Zealand's failed Equiticorp investment group and one lawyer were yesterday committed for trial on charges of fraud and conspiracy. Auckland District Court Judge William Mitchell announced his decision to commit them for trial and Remanded them
      AFP  -  266 words
    • Article
      Lock icon US House votes to curb banks' diversification
      372 6 NYT WASHINGTON Handing a defeat to the White House and the nation's largest banks and a victory to the securities and insurance industries, the House of Representatives narrowly voted on Thursday to impose significantly more restrictions on banks expanding into new businesses. In
      NYT  -  372 words
    • Article
      Lock icon Norway's biggest bank reports S$600m loss
      290 6 AFP OSLO Den Norske Bank, Norway's biggest commercial bank, on Thursday reported a 2.33 billion crown loss (Ss6oo million) for the first nine months of 1991, up from 559 million crowns in the same period last year. The State Bank Insurance Fund said Den
      AFP  -  290 words
    • Article
      Lock icon Amex replaces Optima executives
      296 6 NYT NEW YORK The American Express Company said on Thursday that it had dismissed executives who hid growing defaults and appointed a new senior management team to run the credit card business. It made Frank Skillern executive vicepresident of the Optima card and chairman and president
      NYT  -  296 words
    • Article
      Lock icon UK insurers face steeper bill for home repossession
      490 6 Reuter LONDON Rising home repossessions will cost British insurance companies as much as £3 billion (SsB.B billion) in the two years to end--1992, much more than most have admitted, analysts say. The burden of worsening UK mortgage defaults will continue to plague
      Reuter  -  490 words
    • Article
      Lock icon Shenzhen bourse offers shares to foreigners
      237 6 AFP BEIJING Foreigners will be able to invest in China's Shenzhen Stock Exchange for the first time when the bourse offers two shares for overseas investors, the China News Service (CNS) reported on Wednesday. The two yuan-denomi-nated stocks Shenzhen Wuye Development Group and Nanfang
      AFP  -  237 words
    • Article, Illustration
      Outlook for US$ turns bearish
      441 6 DBS weekly currency review USD/DMK: 1.653S Support Crucial! The US dollar broke from its 1.6830 to 1.7155 trading range on Monday to reach a high of 1.7210. This turned out to be a false break, however, and the greenback quickly collapsed to a low of
      441 words
  • Page 6 Advertisements
    • Advertisement
      Page 6 Advertisements Column 1
      215 6 g B PRECIOUS SEMI PRECIOUS B jg GEMSTONES M Will be at THE DYNASTY-SINGAPORE x* from Ist to 3rd November 1991 P| INVESTORS, BUYERS xx JEj' For retail wholesale purchases, *2, please contact Mr. Afzal Cader on -j£| re/: *****00 Ext 7432f0r an appointment. Orange Pink Sapphire -16 Carats Patparajah
      215 words
    • Advertisement
      Page 6 Advertisements Column 2
      173 6 ■A A Littlew3ods OPENING OF mfflfflm&mmm LITTLEWOODS (FAR EAST) ■■W NEW OFFICE Little woods (Far East) is pleased to announce the official opening of its Office in Singapore on Saturday, November 2nd 1991. To underline the importance that the Littlewoods Group attaches to this venture, the Deputy Chairman Chain Stores
      173 words
    • Advertisement
      Page 6 Advertisements Column 3
      6 6 US$ likely to resume downtrend, ELB
      6 words
Page thumbnail Page 7
  • THE REGION
    • Article
      Lock icon Stronger Asian growth expected in '92
      420 7 ADB also forecasts average inflation rate to fall Reuter MANILA Asia's buoyant economies will post stronger growth next year but increased global competition for credit could limit concessional lending to poorer countries, the Asian Development Bank (ADB) said. "As the recovery in the US
      Reuter  -  420 words
    • Article
      Lock icon 7 Asian nations still biggest non-OECD borrowers
      636 7 AFP PARIS A group of seven fast-growing Asian economies remain the biggest nonOECD borrowers, a reflection of continued brisk expansion, according to figures released on Thursday by the Paris-based Organisation for Economic Cooperation and Development. The seven Asian nations raised over US$l3.5 billion
      AFP  -  636 words
    • Article
      Lock icon US likely to restore ties with Vietnam next year
      214 7 AFP HONGKONG The US is expected to restore diplomatic relations with Vietnam next year, according to a top American official. Robert Fauver, US Deputy Under-Secretary of State for Economic and Agricultural Affairs, told reporters here and in other South-east Asian cities
      AFP  -  214 words
    • Article
      Lock icon New Cambodian political party nipped in the bud
      388 7 AP PHNOM PENH Organisers on Thursday abandoned plans to announce the first new political party in Cambodia in 16 years, saying security personnel had threatened to arrest them. The Cambodian peace accord signed last week in Paris allowed for the formation of
      AP  -  388 words
    • NOTE BOOK
      • Article
        UN nod for Cambodian peacekeeping mission
        68 7 UNITED NATIONS The Security Council authorised Secretary-General Javier Perez de Cuellar on Thursday to plan a peacekeeping mission in Cambodia expected to be the second-largest and the most expensive in UN history. French Ambassador Jean-Bernard Merimee estimated it would take about four months until
        68 words
      • Article
        Thai trade deficit shrinks
        75 7 BANGKOK Thailand's trade deficit narrowed by nearly 10 per cent in September from the same month last year, according to preliminary figures released by the Bank of Thailand. Exports grew 22.6 per cent to about U552.36 billion (about Ss4 billion), while imports rose 12.7 per cent
        75 words
      • Article
        Action on illegal maids
        55 7 KUALA LUMPUR The Immigration Department on Thursday told Malaysian employers of maids who entered the country illegally to register the maids instead of dismissing them. Many Malaysians with foreign maids mostly Indonesians and Filipinos have fired them after an earlier government warning that they could be
        55 words
      • Article
        Tokyo business team in Hanoi
        73 7 HANOI Thirty-one businessmen and industrialists representing several of Japan's largest companies are visiting Vietnam to explore prospects for investment. The delegation from Japan's influential federation of economic organisations, the Keidanren, arrived on Wednesday for a five-day visit to Hanoi and Ho Chi Minh City. The
        73 words
  • Page 7 Advertisements
    • Advertisement
      Page 7 Advertisements Column 1
      148 7 t ajk K# Wve Started IneNews Yes, we have started spreading the good news of Christmas. By offering you, reader and advertiser alike, a wide choice of Christmas special features in The Sunday Times, The New Paper Lianhe Zaobao, Lianhe Wanbao and Shin Min Daily News.\vA/ 1 There will be
      148 words
Page thumbnail Page 8
  • THE WORLD
    • WORLD WATCH
      • Article
        Firms plan to expand European activities
        81 8 LONDON Company managers are planning a big expansion in Europe within the next five years, according to a survey for the Dutch Ministry of Economic Affairs released in London. The survey questioned 466 managers from companies in 10 European countries. Nearly half were from
        81 words
      • Article
        Argentina deregulates
        62 8 BUENOS AIRES President Carlos Menem on Thursday issued a sweeping decree scrapping decades-old regulations over trade and investments in Argentina, including abolishing all restrictions, quotas and limits on imports and exports. Flanked by his Cabinet, the Peronist leader hailed his steps in a televised speech as "historic decisions,
        62 words
      • Article
        Bonn to cut federal subsidies
        76 8 BONN The Bonn Cabinet on Thursday applied the brakes to runaway public spending with an agreement to cut federal subsidies next year by 8 per cent. Demanding "strict budgetary discipline" in all sectors, Theo Waigel, the Finance Minister, told the Cabinet that total financial aid
        76 words
      • Article
        German construction boom
        82 8 BONN High construction volume is likely to continue to boost the German economy next year, the German construction industry association said. Hermann Becker, president of the association, told reporters late on Wednesday that pan-German construction volume would show a real rise of 4 per cent next year,
        82 words
      • Article
        Oil giant's reserves to rise
        73 8 CARACAS Extractable reserves of national oil giant Petroleos de Venezuela SA (PDVSA) will rise by a net of 3 billion barrels by 1996, when the company's ambitious expansion plans are completed, according to a top executive of the company. Expansion will allow for the extracting
        73 words
    • Article
      Lock icon Europe agrees on steps to stop migrant flood
      206 8 Reuter BERLIN European interior ministers have agreed to crack down on illegal eastwest migration by breaking up rings which smuggle migrants and tightening border controls. A chaotic influx into Western Europe of impoverished migrants from former Sovietbloc nations has replaced superpower tensions
      Reuter  -  206 words
    • Article
      Lock icon India gets IMF loan to cope with financial crises
      391 8 AP WASHINGTON The International Monetary Fund has approved a U552.26 billion (553.82 billion) loan to help India's four-month-old government cope with one of the country's worst financial crises. On taking office on June 21, Prime Minister PV Narasimha Rao's government "acted
      AP  -  391 words
    • Article
      Lock icon UK economy set for sustained growth: Lamont
      346 8 Reuter LONDON British Chancellor of the Exchequer Norman Lamont on Thursday said the UK economy was set for a steady recovery which would not fuel inflation. "This recovery will be non-inflationary and for that reason it will be sustained," Mr Lamont said in
      Reuter  -  346 words
    • Article
      Lock icon Soviet foreign trade plunges: study
      311 8 Exports down 30pc, imports down 45pc in 9 months to September AFP VIENNA Soviet foreign trade collapsed during the first nine months of the year, with exports plunging 30.3 per cent and imports 45.2 per cent compared with the same period a year earlier, according
      AFP  -  311 words
    • Article
      Lock icon US manufacturing orders drop 1.7pc
      464 8 AP WASHINGTON Orders for manufactured goods in the United States dropped 1.7 per cent in September for the second straight monthly decline, the government said on Thursday, raising fears of production and job cuts in an economic sector that was doing well. "It says the
      AP  -  464 words
    • Article, Illustration
      A wait they have to stomach
      54 8 MOSCOW These Muscovites have their eyes fixed on a grim selection of beef in a state food store here on Thursday as they wait for their turn to buy. The supply at this shop varies considerably as the day progresses, partially because of slow
      54 words
  • Page 8 Advertisements
    • Advertisement
      Page 8 Advertisements Column 1
      422 8 BjjMf NATIONAL J3|pj UNIVERSITY I OF SINGAPORE I FACULTY OF ARTS SOCIAL SCIENCES I MASTER OF SOCIAL SCIENCES IN ECONOMICS I Applications are invited for admission to the Master of Social Sciences in Economics H programme by course work and dissertation in the academic year 1992 93 commencing H 6
      422 words
    • Advertisement
      Page 8 Advertisements Column 2
      107 8 16-18 Ross Street, Waverton SYDNEY AUSTRAL!A A Landmark Investment on Sydney's Northshore Well below replacement cost an unrepeatable capital gains opportunity. The very last inner city harbourfront site of this magnitude 5 minutes from CBD THE WATERMARK APARTMENTS WILL BE SOLD BY INTERNATIONAL TENDER Tender Closes 28th November, 1991 at
      107 words
Page thumbnail Page 9
  • STOCK EXCHANGE OF SINGAPORE 1
    • Article, Illustration
      Bargain hunters emerge ahead of M'sian Budget
      3996 9  -  By Dawn Tan MOMENTUM IN THE local share market gradually built up yesterday as bargain hunters emerged ahead of the Malaysian Budget announcement. The widely-monitored Straits Times Industrials Index gained a promising 9.41 points, the best performance in a lacklustre week, to close
      3,996 words
    • Article, Illustration
      HOT STOCK
      62 9  -  Chew Eng Han Comment RENONG hit support at 62 cents twice recently, but recovered each time. Likely to try for 80 cents soon, but expect consolidation between 65 and 80 cents subsequently. More basebuilding needed before a bigger move up to $1.20. Chew Eng Hot stock on Nov
      62 words
Page thumbnail Page 10
Page thumbnail Page 11
  • Article
    STOCK EXCHANGE OF SINGAPORE 3
    3313 11 MISC Foreign 424 +12 2.9% CASH 50* 70'/2 +9 +14.6% M Banking 386 +8 +2.1% UMW 263 +8 +3.1% MBf Finance 50* 78 +7 9.9% Golden Hope 125 6 +5.0% Cons Plant 50* 133 +5 +3.9% Rochmans M 50* 715 +5 0.7% Sime Darby 50*
    3,313 words
  • Page 11 Advertisements
Page thumbnail Page 12
  • BT SHARE INFORMATION SERVICE
    • Article
      AUDITED RESULTS
      480 12 Company Date Year Croup Net Nat earnings Grass ann to profit/lass (L) per share dividend (000) (cents) CoM Store Oct 31 Jun 91 $16,894(523.170) 136(186) 13(10 7a) Ungui Oct 28 Jun 91 M$4 813($4 398L) 3 7( SBS Oct ?8 Jun 91 $2 572($$2928) 10 1(11 5) 7(7)
      480 words
    • Article
      PRELIMINARY RESULTS
      312 12 Company Date Year Gronp pre-tax Net earnings Gross ann to profit/loss (L) per share dividend (000) (cents) Kemayan Oct 23 May 91 M$28($l,505) —(0.7) 1.5(1.5) MSB Oct 28 Jun 91 M$17,267($6,506) 11.2(4.1) 12(10) YTL Corpn Oct 9 Jun 91 M$30,889($19,31l) 13.8(79) 10(10 Boustead Oct 2 Jun 91 M$35.810($32,503)
      312 words
    • Article
      INTERIM RESULTS
      593 12 Company Oat* Half-year Group pro-tax Interim ann to profit/loss (L) dividend (000) General Corp Oct 31 >ul 91 M$7 781($5 134) Jacks Int Oct 31 lul 91 $1 498L<$326l Johan Hldgs Oct 31 Jul 91 M$? 762l($165) < George Kent Oct 28 lul 91 M$*>.226<J? 556) 5(4) SIA
      593 words
    • Article
      CORPORATE DEVELOPMENTS
      496 12 Oct 31 Consolidated Plantations, a member of Sime Darby group, will begin the construction of its second MJ3Om palm oil refinery in Egypt early next year. Steamers Maritime HoMings has sealed an agreement with UK-based P&O Containers Ltd to transfer the agency business of its wholly-owned subsidiary, Mansfield
      496 words
    • Article
      SUBSTANTIAL SHAREHOLDER/DIRECTOR TRANSACTIONS
      2017 12 Traits Registered Substantial Bay/ Shares Amount Shareholdings Stock Date Holder Shareholder/Director Sell involved Before Chge After Chge PCL 25/10/91 The Central Depository (Pte) Ltd Natalon Company Ltd S 100 000 184 000 000 75.746 000 25 250 75 646.000 25 220 Pacific Can 24/10/91 Associated Mgt Services
      2,017 words
    • Article
      DIVIDENDS ANNOUNCED
      870 12 Current Ex Books Date Total for Total lor payment date dose payable the year last year A(SS 50c 121(b) Dec 30 lan 14 Jan 21 12% 10% tana 51IE(I) Oct 21 Oct 31 Nov 15 51IE 101 IE Ant ah rtdjs 50c 61(b) Nov 21 Dec 5 Dec
      870 words
    • Article
      RESULTS DUE
      398 12 Main Board Last Full Year Company Period Date Year Net EPS Gross Net announced endng (cents) d* profit tost year (7000) EMS Final Nov 6 Jul 91 30TE 17.8781 Chem kid Interim Now 8 Mar 92 361 13 6 8.714 SPH Final Nov 9 Aug 91 54 3
      398 words
    • Article
      APPROVED ISSUES
      82 12 Company Kigtits issue MB) France Twfrlorthree <„ MJ0 90 per share Ej-date Nov 1 Books close Nov 18 Acceptance Payment NVA Company Bonus Issue MBt Finance One tor three tidate Nov 1 Books close Nov 18 Company Others Amal Steel Restricted OWer lor Sale ol Angkasa Marketing Bhd
      82 words
    • Article
      PROPOSED ISSUES
      599 12 Company Rights Issue Asia Pac Land One lor two M$0 65 per share Aiance Tedi One tor-one $1 00 per share Bef|jya Group Rights issue of $89m nominal amount 10% Irredeemable Convertible Unsecured Loan Stocks (ICUlS) on the basis of one tor tour Bolton Issue ot $90 978m
      599 words
    • Article
      SCRIPLESS CONVERSION
      69 12 Comers ion Special Trdg Scripless Conversion deadline Period Trading Com pan> starts (IDP) (ST) starts HIPHIdgs Sep 16 Oct 10 Sep 30 Oct 10 Oct 11 Minebea Dec 16 Parkway If Idgs Oct 11 Nov 7 Oct 25 Nov 7 Nov 8 Sunshine Allied Sep 2 Sep 26
      69 words
    • Article
      COMPANY MEETINGS
      455 12 UAC Bhd: 28th AGM at Menara Boustead. 28th Floor, Jalan Raja Cbulan, ***** Kuala Lumpur on Monday. Nov 4, at 11.30 am. Mycocn Bhd: EGM at the Conference Room. 14th Floor, Bangunan Hong Leong. 117 Jalan Tun H S Lee. ***** Kuala Lumpur on Wednesday. Nov 6. at
      455 words
    • Article
      RECORD HIGHS & LOWS
      198 12 RECORD HIGHS LOWS BT Composite Index ST Industrials Index 1991 Iwh: *****8 3/6/91) 1991 *****8 (3/6/91) 1991 km: *****2 (16/1/91) 1991 1149 08 (16/1/91) 1990 tah: 1435 43 (16/7/90) 1990 Nfc 1607 12 27/3/90) 1990 km: 981 07 09 11/90) 1W0 km: *****0 (11/10/90) 1989 hifh: *****0 (28'12 89) 19W
      198 words
Page thumbnail Page 13
  • KUALA LUMPUR STOCK EXCHANGE
    • Article, Illustration
      Lock icon Stocks rise in anticipation of expansionary Budget
      4448 13 Bernama INVESTORS confidence of a painless and expansionary Budget 1992 to spur continued growth led share prices here to a firmer close yesterday in fairly active trading. The KLSE All-Share Emas Index at the close added 1.34 points to 137.34 while the Composite
      Bernama  -  4,448 words
  • Page 13 Advertisements
    • Advertisement
      Page 13 Advertisements Column 1
      87 13 Should the Malaysia Cup /T J competition have foreigners? /v s? J Or should it not? I jS x> Just this season, I f foreigners have so intensified I 1/ the battle for soccer supremacy that violence, V yTv. indiscipline and controversy V have reared their ugly heads. I 1
      87 words
Page thumbnail Page 14
  • STOCK EXCHANGE OF THAILAND
    • Article, Illustration
      Lock icon Market ends higher for fifth consecutive day
      2390 14 UPI THAI stock prices yesterday closed slightly higher for the fifth consecutive day in moderate trading. The Securities Exchange of Thailand (SET) Index closed at 641.81. up 2.97 points. "There was a lack of news to activate the market but most investors seemed
      UPI; SOURCE: PONT DATA  -  2,390 words
  • JAKARTA STOCK EXCHANGE
    • Article
      Lock icon Share prices close steady in quiet trading
      1048 14 Reuter JAKARTA stocks closed steady in fairly quiet trading yesterday, brokers said. The official index rose 0.28 of a point to 226.96 and turnover fell to 1.65 million shares from Thursday's eight million. "There were only a few players active in the market
      Reuter  -  1,048 words
  • Page 14 Advertisements
Page thumbnail Page 15
  • TOKYO STOCK EXCHANGE
    • Article, Illustration
      Lock icon Market quiet ahead of likely rate cut
      2630 15 Reuter TOKYO STOCKS yesterday ended a quiet session, closing weaker but off their day lows. Index-linked selling and prof-it-taking cropped prices as investors squared positions ahead of a long weekend, brokers said. But hopes for a discount rate cut cushioned declines, they added.
      Reuter  -  2,630 words
  • STOCK EXCHANGE OF HONGKONG
    • Article, Illustration
      Lock icon Property shares take a beating
      2584 15 Reuter UPI SHARES yesterday ended little changed in lethargic preweekend dealings, as traders took profits from property shares following their rises over the past few days. The blue-chip Hang Seng Index inched down 0.92 points to 4,037.82. The index ranged from a high of 4,047.49
      Reuter; UPI  -  2,584 words
Page thumbnail Page 16
  • REGIONAL STOCK MARKETS
    • Australian market closes slightly higher
      • Article
        AUSTRALIA
        956 16 A COMBINATION of foreign and domestic buying orders scattered among leading stocks helped the Australian stock market close slightly higher yesterday. Brokers said investors were positioning themselves in anticipation of an interest rate cut after next Tuesday's board meeting of the Reserve Bank. "Most of the trade today was
        956 words
      • Article
        TAIPEI
        482 16 TAIWAN STOCKS yesterday fell in thin trade on profit-taking from Monday's big gains as many players stayed sidelined, dealers said. The Weighted Index closed 57.28 points or 1.3 per cent lower at 4,332.58, just above its intra-day low of 4,327. Turnover was NT$l4.9 billion compared to Wednesday's NT520.21 billion.
        482 words
      • Article
        NEW ZEALAND
        411 16 THE SHARE MARKET yesterday ended lower overall though the blue chips did not fare as badly, and brokers were generally bullish about the market in the longer-term. The NZSE-40 Capital In- dex fell 10.61 points to 1,534.33, but was up 22.05 points over the shortened week. "It's more
        411 words
      • Article
        SEOUL
        767 16 SEOUL SHARES fell across the board in lethargic trading as investor sentiment was dampened by persistent reductions in customer deposits, brokers said. "Continuous reductions in customer deposits with brokerage houses lowered general sentiment, causing investors concern over market liquidity situations," Hanyang Securities analyst Park Key-pyeong said. News that Hyundai
        767 words
      • Article
        BOMBAY
        91 16 SHARE PRICES on Thursday rebounded on speculative buying sparked by rumours that the government might soon ease import curbs, brokers said. "We are expecting the government to honour its promise and relax import restrictions by mid-November," broker Anand Diwan said. Companies are required to put up to 150 per
        91 words
      • Article
        Untitled
        836 16 Clme PretkxK No* 2 AUSTRALIA All Ordinaries Index 1.682.0 1.682.3 -0.3 All Industrials Index 2.609.9 2.605.6 +4.3 All Resources Index 972.7 976.2 -3.5 Turnover (million) 142.2 197.1 -54.9 NEW ZEALAND NZSE-40 Capital 1.534.33 1.544.94 -10 61 Turnover (million) 12.40 19 -6.6 MANILA Composite Index Closed 1.025.30 Turnover (million) 1090 TAIPEI
        836 words
  • Page 16 Advertisements
Page thumbnail Page 17
  • WORLD STOCK MARKETS
    • Dow drops 2.68 points in moderate trade
      • Article
        Untitled
        260 17 Oct 31 Close Previous NEW YORK Dow Jones 3,069.10 3.071.78 -2.68 S&P500 392.45 392% -0.51 Turnover (million) 182.23 200.79 -18.56 LONDON Financial Times 30 1.962.3 1.978.7 -16.4 KTSE 100 2,566.0 2.577.1 -I I.I Turnover (million) 576.3 515.4 -60.9 FRANKFURT DAX Index 1.582.06 1.582 83 -0.77 AMSTERDAM EOE Index 273.80 275.18
        260 words
      • Article, Illustration
        NEW YORK
        1186 17 STOCK PRICES on Wall Street closed nearly unchanged in moderate trading on Thursday as cautious investors waited for the unemployment data and whether it would prompt any response from the government. The Dow Jones Industrial Average shed 2.68 points to 3,069.10. Among the broad-based gauges, the NYSE Composite
        1,186 words
      • Article, Illustration
        LONDON
        661 17 SHARES in London closed firmly down on Thursday as chemicals giant ICI infected an already listless market with a dose of caution on its trading outlook. After strong hints of an upturn from Marks Spencer and Reed International on Tuesday, the market rose earlier in anticipation before dying away
        661 words
      • Article
        AMSTERDAM
        220 17 DUTCH shares ended a day of slow trade lower on Thursday, hurt by a weak bond market and lower foreign bourses. High interest rates kept investors away from stocks leaving their money on deposit instead, traders said. "Retail investors, foreign and domestic institutions they all stayed away," said a
        220 words
      • Article
        FRANKFURT
        200 17 THE FRANKFURT bourse marked time on Thursday, as a consolidation phase continued, operators said. The DAX spot trend index finished the session at 1,582.06 points, down a slight 0.05 per cent from Wednesday's close, while the Commerzbank indicator ended the day at 1,836.90 points, down 0.68. Analysts said investors
        200 words
      • Article
        PARIS
        149 17 FRENCH share prices on Thursday shrugged off the monthly expiry of stock index futures and options to finish a lacklustre session about where they started with slim losses. The CAC-40 index drifted down 5.13 points to 1,856.67. Volume was a paltry 1.4 billion francs. Hypermarket group Carrefour finished up
        149 words
      • Article
        MILAN
        252 17 ITALIAN shares closed higher on Thursday, but well off the session's peaks as the technical rally that began on Wednesday and fed into yesterday's opening ran out of steam. Dealers said the market was boosted at the opening by the growing realisation that yesterday's settlement of the October account
        252 words
      • Article
        ZURICH
        238 17 SWISS shares ended a lacklustre session on Thursday slightly easier as the market took its lead from the Frankfurt bourse. A slightly firmer Wall Street was largely ignored, dealers said. "There was some trading in banks and insurers while business in the industrial sector was mostly dead," one trader
        238 words
      • Article
        STOCKHOLM
        128 17 PRICES on the Stockholm bourse closed mixed on Thursday, and dealers said sentiment was fairly positive although the general index ended oft the day's highs. The bourse general index rose 0.22 per cent to 1,005.60 in low turnover of 286 crowns. Blue chips fell 0.25 per cent on average.
        128 words
      • Article
        BRUSSELS
        285 17 BELGIAN shares eased a touch lower on Thursday ahead of the long holiday weekend with block trading in utility Electrabel and retailer GIB boosting trading volume, dealers said. The Bel-20 index of leading Belgian shares closed 0.10 per cent down at 1,101.03 with 576 million francs worth of shares
        285 words
      • Article
        JOHANNESBURG
        343 17 JOHANNESBURG stock market' shares closed lower lower on Thursday, as the gold price eased to around' US$357 an ounce, dealers said. The JSE All-Share Index rose three\ points to 3,526. The All-Gold Index fell 28 points to 1,175, while the Industrial' Index eased back nine points from its' new
        343 words
      • Article
        TORONTO
        292 17 TORONTO stocks closed at the day's; high on Thursday as mixed views on recent moves by the Federal Reserve' resolved into belief in a credit easing, dealers said. The market has discounted a cut of 25 basis points to 5 per cent in the Fed funds rate, but many
        292 words
  • Page 17 Advertisements
Page thumbnail Page 18
  • CURRENCY, MONEY & FUTURES MARKETS
    • Article
      US dollar firms slightly against mark, little changed against yen
      1206 18 REPORTS ASIA Tokyo: The dollar firmed slightly against the mark in late Asian trading yesterday after Tokyo's close on shortcovering and barely changed against the yen, traders said. But sentiment generally remains bearish with most dealers expecting the release of
      1,206 words
    • Article
      INTERBANK FOREX RATES
      406 18 Cross rates nov_i USS SS MS Dm Yen SFr AS NZS USS 1.6880 2.7470 1.6700 130.70 0.5742 1.4665 1.2821 1.7857 J SS 0.5924 1.6274 0.9893 77.4289 0.3402 0.8688 0.7595 1.0579 J MS 0.3640 0.6100 0.6079 47.5792 0.2090 0.5339 0.4667 0.6501 J Dm 0.5988 1.0108 1.6449 78.26 0.3438
      406 words
    • Article
      MONEY MARKET
      541 18 Interbank rates SS Bid Offer Overnight 3 7/16 3 9/16 1-month 3 5/8 3 3/4 2-month 3 11/16 3 13/16 3-month 3 3/4 3 7/8 Overnight mode: 3-1/2 L'SS Bid Offer 7 days 5 1/16 5 3/16 1 month S 1/16 S 3/16 2 months 5 1/4 5
      541 words
    • Article
      Lock icon Britain to issue 3-year ECU notes
      449 18 IHT LONDON In a move that should help bolster the pound while reaffirming Britain's commitment to the European monetary system. Chancellor of the Exchequer Norman Lamont disclosed on Thursday that the British government would issue three-vear notes denominated in ECUs. But Mr Lamont, dashing
      IHT  -  449 words
    • Article
      Lock icon Taiwan to allow forward foreign exchange trade
      311 18 Reuter TAIPEI Taiwan announced it would permit forward currency trading. "This will allow our exporters and importers to protect themselves from the risk of major fluctuations in exchange rates," Deputy Central Bank Governor Yu Cheng told a news conference on Wednesday. Forward trading
      Reuter  -  311 words
    • Article
      FINANCIAL FUTURES
      1098 18 SIMEX EUMOOLLM Open High Low Sett Est Vol Op/lnt Vol Dec 91 94.74 94.79 94.74 94.77 4000 ***** 6962 Mar 92 94.85 94.90 94.85 94.89 5400 ***** 8935 Jun 92 94.66 94.69 94.66 94.67 3200 6895 4700 Sep 92 94.37 94.41 94.37 94.37 1800 2940 2422 Dec 92
      1,098 words
  • Page 18 Advertisements
Page thumbnail Page 19
  • COMMODITIES
    • Article
      Lock icon S African mine chief bullish on 1990s gold price
      393 19 Reuter JOHANNESBURG A top South African gold mining executive said he expected a rally in the world gold price in the *****, but voiced concern over the potential state role in the local industry under a post-apartheid government. "We're bullish for
      Reuter  -  393 words
    • Article
      Lock icon Private Colombian firms stop coffee exports
      319 19 Reuter BOGOTA Private Colombian exporters halted coffee exports because of new foreign exchange measures this week that effectively revalue Colombia's currency, said a private exporters' leader. "(Exports) have had to be stopped because the game rules are not clear," said Gabriel Rosas Vega, President
      Reuter  -  319 words
    • Article
      Lock icon S'pore rubber eases on late overseas selling
      828 19 REPORTS Bernama SINGAPORE rubber prices closed slightly easier yesterday on some late overseas selling interest, dealers said. Traders stayed on the sidelines awaiting possible Inro intervention, probably next week, the dealers added. RSS-1 December buyers closed at 140.00 cents a kg, down half
      Bernama  -  828 words
  • Article
    PRICES
    1375 19 Rubber Nov i Mt(hHa>al») S cents/kg Noon Close Int I RSS Prompt I41.2VI42.25N 140.75/14I.75N Int I RSS Dec 91 140.50/141.00 140 00/140 50 Int I RSS Jan 92 140.50/141.00 140 25/140.75 1m 2 RSS OP 136.50/138.50N 136.00/138 00N lot 3 RSS OP 134.50/135.50N 134.00/135.00N Int 4 RSS OP 131.5<yi33.50N
    1,375 words
  • Page 19 Advertisements
    • Advertisement
      Page 19 Advertisements Column 1
      6 19 Innovation Technology in BT every Tuesday
      6 words
    • Advertisement
      Page 19 Advertisements Column 2
      547 19 BUSINESS TIMES TELEPHONE: 730-5771/5772/5773 FAX: 734-4912 THE COMPANIES ACT (CAP. 50) VANBRUGH INVESTMENTS PTE LTD (MEMBERS' VOLUNTARY WINDING UP) At an Extraordinary General Meeting of the Members of VANBRUGH INVESTMENTS PTE LTD duly convened and held at SBS North Bridge Road #11-07 Blanco Court Singapore 0718 on the 22nd October
      547 words
Page thumbnail Page 20
  • Article, Illustration
    EDB to send private sector team to Vietnam
    381 20  -  Move signals lifting soon of ban on S'pore investments there By Harish Mehta SINGAPORE The Economic Development Board CEPB) has accepted Vietnam's invitation to send a delegation of private sector companies to explore investment opportunities there, a move which signals that the
    381 words
  • Article
    Hanoi keen on joining Apec and other regional forums
    347 20 SINGAPORE Being an Asia-Pacific country, Vietnam is interested in joining the Asia-Pacific Economic Cooperation (Apec) grouping, the East Asian Economic Caucus (EAEC) and other regional forums, said Vietnam's Deputy Minister of Foreign Affairs Vu Khoan. Addressing a press conference just before
    347 words
  • Article
    Lock icon Hyundai family told to pay US$181m record tax
    249 20 AP SEOUL Chung Ju-yung, founder of South Korea's second largest conglomerate, and nine other members of his family were ordered yesterday to pay US$lBl million (Ss3os million) in penalty taxes for alleged involvement in illegal stock dealings. The size of the penalty
    AP  -  249 words
  • Article, Illustration
    Lock icon Piracy problem persists in Asean waters
    335 20  -  By Selva Kumar SINGAPORE Piracy in Asean waters remained a •ticky problem for the shipping industry this year, with .attacks averaging about one every week. Mr Lua Cheng Eng, the president of the Singapore '.National Shipping Association (SNSA), yesterday referred to the piracy problem
    Picture by Chris Loh  -  335 words
  • Article
    Lock icon Gatt negotiators fail to meet Nov 1 deadline
    409 20 Reuter GENEVA Negotiators at the General Agreement on Tariffs and Trade (Gatt) talks failed to meet a Nov 1 deadline to reach a draft agreement on a new world trade pact, a Gatt spokesman said yesterday. Gatt chief Arthur Dunkcl set the
    Reuter  -  409 words
  • Article
    Lock icon HK banks to cut lending, deposit rates
    259 20 AFP HONGKONG The Hongkong Association of Banks announced yesterday a halfpercentage point cut on both the prime lending rate and the 12-month savings rate. Effective next Monday, the prime lending rate will drop to 8.5 per cent per annum while the 12-month savings
    AFP  -  259 words
  • Article, Illustration
    Lock icon Arab-Israeli talks end with no accord
    594 20 The Middle East peace conference Reuter MADRID The Middle East peace conference erupted into bitter polemics on Friday and ended without agreement on where to hold face-to-face Arab-Israeli talks vital to ending 43 years of bloodshed. In dramatic outbursts, Israeli Prime Minister Yitzhak Shamir
    Reuter  -  594 words
  • Article
    Lock icon Japanese are biggest savers
    227 20 S'pore is 9th in world survey Reuter GENEVA Japanese are the world's thriftiest savers, with an average U5545,118 (5576,200) banked per head in 1990, the International Savings Bank Institute (Isbi) said. The figure was way ahead of second ranked Switzerland with U5519,971 savings per head in
    Reuter  -  227 words
  • Article
    Lock icon Yeltsin's economic reforms get nod
    200 20 Reuter MOSCOW The Russian republic's parliament on Thursday overwhelmingly approved President Boris Yeltsin's programme to introduce radical economic reforms. The Congress of People's Deputies, the republic's supreme legislature, voted by 876 votes to 16 to back the programme to transform the economy rapidly into a
    Reuter  -  200 words
  • Page 20 Advertisements
Page thumbnail Page 21
  • Executive Lifestyle
    • Article, Illustration
      The sound of music and money
      1422 21  -  Nirmal Ghosh and Dawn Tan dig up the grit behind the glamour of show promoting Nirmal Ghosh and Dawn Tan KENNY G, halfway through his performance at the Indoor Stadium recently, scanned the swooning sellout crowd and said: "This is the most impressive arena
      1,422 words
    • STRAWS IN THE WIND
      • Article
        Card games
        92 21 CREDIT CARD companies have a way of wearing dpvfai your defences. Take the -cape of one cardoholic who decided to do away with plastic money and informed I&e card company so. Tbjy promptly called her up and spent a good 20 minutes persuading her against it. But she
        92 words
      • Article
        Slow coach
        31 21 HAVE YOU HEARD? A motorist saw a friend waOciog down a street in Bangkolrre cently and offered him a hft. "No, thanks, I'm in a the pedestrian replied. "t*
        31 words
      • Article
        A park too far
        40 21 SOME PEOPLE will do anything just to avoid valet parking. With a dearth of parking space at Raffles Hotel, one party-goer ended up parking so far away he had to take a taxi to the hotel.
        40 words
      • Article
        The label will do
        57 21 THERE WAS a time when motorists would shake their heads at thieves who steal the emblems from their cars. In this age of club memberships, thieves have gone one step further. One Tanah Merah club member reported that he sent his car for repairs recently and
        57 words
    • OPINIONS
      • Article, Illustration
        If the best man for the job's a woman...
        1028 22  -  Schutz Lee argues that there is a place for women in 'hard' politics Schutz Lee The writer is a BT journalist TWO weeks ago, an interview with Mrs Constance Singam published in The Straits Times broke a long and deafehing silence
        1,028 words
      • Article
        Can we have nice-smelling air, please?
        69 22  -  HB Kwee S'pore 1027 REGULAR users of the MRT must have noticed a distinctive smell in all MRT cars. It is not quite the aroma of vintage wine but is what is usually described as "musty". 7ft this era of deodorants, an air-freshener system
        69 words
      • Article
        Why not a lower phone rate for the first few months?
        359 22  -  Lee Lai Ying S'pore 1543 SINQAPOREANS have been chideri for wanting to have their bread buttered on both sides. Yet when Singapore Telecom wants the dune, it receives the blessings of, the Government. I am referring to Telecom's proposal
        359 words
      • Article
        Concept Plan will meet the needs of all
        1106 22  -  Cheok Yen Aik Senior Administrative Officer for The Chief Executive Officer A Chief Planner Urban Redevelopment Authority IT has been good to see reaction to, and feedback on, the Concept Plan like that contained in Elaine Koh's article "Future Shape" (BT, Oct
        1,106 words
      • Article, Illustration
        Hey honey, 'H' is for harassment and hypocrisy
        1016 22  -  Christopher Tan offers yet another perspective on a somewhat touchy topic Christopher Tan The writer is a BT sub-editor EVER since Professor What's-her-name stood up and accused a former employer of propagating crossspecie liaisons and other similarly unsavoury ideas, not a minute
        1,016 words
    • SPORTS
      • Article, Illustration
        Lock icon World's top three are out
        776 23 Paris Open AFP PARIS The form-book was turned upside down at the Paris Open on Thursday when the world's top three players failed to reach the quarter-finals of the US$2 million (553.4 million) event. Stefan Edberg went down in three sets to the player who
        AFP  -  776 words
      • Article, Illustration
        Lock icon Coghlan to make debut at New York Marathon
        626 23 AP NEW YORK From a miler to a marathoner. It's an unusual progression for a runner. Nevertheless, Eamonn Coghlan thinks he's up to the task of running the extra 25 miles (40 km). Coghlan, 38, the world indoor record-holder in the mile,
        AP  -  626 words
      • Article, Illustration
        Lock icon 10,000m champ to run marathon
        289 23 AP NEW YORK First Alberto Salazar did it, then Geoff Smith. Now, Liz McColgan is trying to make a powerful impression tomorrow as a first-time marathoner in the New York City race. Salazar, a world-class 10,000-metre runner like McColgan, made his marathon debut in the
        AP  -  289 words
      • Article
        Lock icon Daly shares lead in season-ending tour championship
        277 23 AP PINEHURST, North Carolina Just as in the PGA, John Daly was the last man in the field for the seasonending Tour Championship. Just as in the PGA, Daly turned that surprise appearance into a share of the lead. And, just as he
        AP  -  277 words
      • SIDE LINES
        • Article
          Japan's Shinozuka leads Mitsubishi to victory
          142 23 ABIDJAN, Ivory Coast Kenjiro Shinozuka led Mitsubishi to a historic victory in Ivory Coast on Thursday when he became the first Japanese driver to win a world championship rally. The 41-year-old entered the history books in style; after completely dominating the race, leading in
          142 words
        • Article
          Watson regains consciousness
          90 23 LONDON British boxer Michael Watson, knocked irtto a coma in his fight against Chris Eubank for the Wotld Boxing Organisation (WBO) middleweight title in late September, regained consciousness late on Thursday. A spokeswoman at St Bartholomew's Hospital here said that while the 26-year-old Watson was not completely
          90 words
        • Article
          No second yacht for Conner
          74 23 r m SAN DIEGO America's Cup skipper Dennis Conner Thursday laid to rest rumours that he was prepariiy; a second boat in his quest to retain yachting's most ptueml trophy. Conner told reporters at his America's Cup tbftvpound that he had been unable to raise
          74 words
        • Article
          Call to change springbok emblem
          108 23 JOHANNESBURG The zebra should replace, ,lhe springbok as South Africa's new sporting emblem, a prpipiinent politician proposed on Thursday. Labour party leader Allan Hendrickse, who was categorised under apartheid as a coloured of mixed race, said the black-and-white striped zebra would be an ideal symbol
          108 words
        • Article
          Promoter denies criminal links
          58 23 NEW YORK Boxing promoter Don King on ThuQgay denied allegations in Sports Illustrated magazine that *4ie has ties to organised crime. Former FBI agent Joe SpineUi, who conducted a four-year investigation into corrupting In boxing, says the promoter's name kept surfacing as the probe looked into
          58 words
      • Article
        Lock icon England lead by one stroke in World Cup
        242 23 Reuter ROME England took a one-stroke lead in golfs World Cup when German defending champions Bernhard Langer and Torsten Giedeon both bogeyed the final hole of the opening round on Thursday. Nick Faldo and Steven Richardson underlined their status as favourites for
        Reuter  -  242 words
    • EPICURE
      • Article, Illustration
        Lock icon Some like it hot
        642 24  -  Quek Swee Peng tries Robatayaki at the Keyaki Quek Swee Peng IF YOU are eating in a Japanese restaurant and all around you, pigging out and having a terrific time, are native Japanese, you might think "Hmmm, if this is goS3 enough for them, it must
        Punch  -  642 words
    • LIFESTYLE
      • Article, Illustration
        Lock icon Europe's best
        695 25  -  Stuart Marshall lists the candidates for European Car of the Year and picks his winner Stuart Marshall FT NOT for many years have there been so many entries for European Car of the Year as there are this time around. The car makers of Europe and to a
        FT  -  695 words
      • Article, Illustration
        Home of the finest reds
        779 25  -  N K Yong spotlights wine from Coonawarra in South Australia N K Yong YOU could easily provoke a fierce debate, even a punch-up, were you to suggest in Sydney that there could be other wine regions in Australia which produced better wines than the Hunter
        779 words
      • Article
        Almost a clean sweep
        565 25  -  BRIDGE By Sybil Holloway THE Indonesians dominated all the series but one in the 13th Asean Bridge Club Championships which were held in Bangkok last week. They won the Open Pairs event on the first day, then captured the Mixed Team honours and walked away with
        565 words
    • PURSUITS 1
      • Article, Illustration
        Tay-lor made to sing
        982 26  -  Dawn Tan meets Singapore-born Tay Cheng-Jim, who's made a big name for himself as a counter-tenor in London Dawn Tan CERTAIN PEOPLE, the first time you meet them, just seem destined to take the world by storm, be it because of their radical ideas, courage of
        982 words
      • Article, Illustration
        Towards shiny yuppie soul
        642 26  -  CD REVIEW By Ringo Liew SIMPLY RED: Stars It takes talent and savvy to be all things to all men. In the last couple of albums, Simply Red managed to find the perfect mix that projected Mick Hucknall et al as a group of substance among
        642 words
      • Article, Illustration
        Meandering and moribund
        518 26  -  Once Around has a story that doesn't start or end, says Jaime Ee Jaime Ee HAVE YOU ever heard the notion that a story starts from the beginning and finishes at the end? Someone should have told that to Richard Dreyfuss and Holly Hunter and saved us
        518 words
      • Article, Illustration
        Lock icon Bali hideaway
        955 27  -  Visitors to Bali usually expect to find culture and tranquility when they go there. But five-star comfort too? And deep in the hills? Suna Kanga discovers a... Suna Kanga IN THE world of Amandari, nestled in the Bali Hills, denizens roam with blank cheques in hand and grilled
        Photos by Suna Kanga  -  955 words
      • Article, Illustration
        Serenity in the wilderness
        661 27  -  A painting is just a painting. Or is it? Susan Tsang finds out how one artist tames African wildlife when she picks up her paintbrush Susan Tsang WAINA Cheng-Ward has led a life as varied as her paintings. She was born in China and grew up
        661 words
      • Article, Illustration
        Little dolls, pretty cultures
        515 27  -  Stand back, Barbie, as Susan Tsang elbows a couple of children aside to get her hands on some ethnic dolls that boast a wider wardrobe Susan Tsang YOU can't say the word "doll" without thinking of Barbie, but there is an exhibition currently on at the
        515 words
    • PERSONAL FINANCE & INVESTMENT 1
      • DON'T QUOTE ME!
        • Article
          DBS Bank deserves a break
          136 28  -  Compiled by Lee Han Shih THOSE with long memories will remember the DBS Bank group being unfortunate in planning its investment events to coincide with market crashes. In October 1987, it held the first investment seminar and the global equity markets staged a near meltdown
          136 words
        • Article
          When the going gets tough...
          224 28 WE hear the foreign exchange industry, which just announced that it had a record year in 1990, is finding 1991 much tougher going. Sources said some of the biggest players in Singapore (that includes both local and foreign banks) have lost money on the forex
          224 words
        • Article
          How long is 'long' service?
          34 28 A DISK drive company which held a long service award ceremony on Thursday was asked what was considered to be long service in the company. The answer: "Five years."
          34 words
        • Article
          Brokers are not hungry
          72 28 IF the Stock Exchange of Singapore runs a deficit this year, we could guess at least one reason. On Thursday, SES held its annual general meeting and booked about 18 to 20 tables for dinner thereafter at Marina Mandarin. Unfortunately, only some of the 50 brokers
          72 words
      • Article, Illustration
        Lock icon Looking for the cross
        619 28  -  Things are looking up for the Singapore stockmarket. But before you go on a buying spree, find out what Goh Hiang Fong has to say JgJART Goh Hiang Fong The writer is head' of research Lum Chang Securities,. TWO weeks ago, we said that the signs
        Source: Lim Chang Securities  -  619 words
      • Article, Illustration
        Lock icon Chart psychology
        662 28  -  Chew Eng Han looks at the pros and cons of using charting as an investing tool. He also predicts the direction of the greenback Chew Eng Han PURE fundamentalists may sniff at charting as an investing tool, but more and more investors are beginning to believe there is
        Charts by Pont Data  -  662 words
      • Article, Illustration
        Lock icon US$ likely to resume downtrend
        424 28 LOWER interest rates will continue to drive the US dollar lower over the next few months. After a four-week correction phase, the greenback looks ready to resume its downtrend again as the US economy drags along at a crawling pace. The third quarter GNP rise
        Chart by Pont Data  -  424 words
      • Article, Illustration
        Lock icon Quiet but upbeat
        679 29 EXCEPT for Japan and Indonesia, stockmarkets in Asia remained relatively quiet in the,, last quarter. in its latest report on Asian stockmarkets, Asia Quarterly, the Thornton Qroup was however upbeat about the performance of tfiese markets in the last quarter of this year and at the start
        Souce: Thomion Investment Managament Baring Securities  -  679 words
      • Article
        An insight into the integral index
        790 29  -  Stock indices are useful indicators of the market. But who uses them, which one and why? Magdalene Ng gives the lowdown on the different indices there are Magdalene Ng INDONESIAN share prices have lost more than half their value since the start of this
        790 words
      • Article, Illustration
        Lock icon How they performed...
        956 29  -  How did the Japanese and Asean stockmarkets perform during the last quarter? To answer the question, Shoeb Kagda provides both an overview of the various markets as well as individual analyses Shoeb Kagda expected to be short-lived. At an index level of below 5,000, Taiwanese equity is
        Photo by Arthur Lee  -  956 words
    • JOBS
      • Article, Illustration
        Ian Pringle's chugging along nicely, thank you
        860 30  -  Harish Mehta traces the intrepid career of a man who served in the South African Air Force, was a pilot in the Rhodesian para-military forces and Zimbabwe's national skydiving champion and now finds himself the MD of Castrol Singapore Harish Mehta Not long
        860 words
      • Article, Illustration
        EXECUTIVE MOVES
        343 30 Low Chek Tong has been appointed vice-president of Conner Singapore Pte Ltd. Mr Low will be responsible for administration and support services at Conner's Singapore disk drive manufacturing operations. Prior to his present position, he was the general manager and deputy managing director of Conner Singapore. Edmund Ang
        343 words
      • Article
        Lock icon The importance of being expert
        990 30  -  Michael Dixon discusses the controversy over the value of specialist knowledge at the highest level of management Michael Dixon FT Assuming that any sizeable organisation needs someone to head up its personnel activities, which of the following two candidates would readers pick for the job?
        FT  -  990 words
    • Article
      AIRCRAFT ARRIVALS AND DEPARTURES
      1124 31 city eta ragw etd WwM GA890 0050 MMl QF82 2115 QF81 1820 SQ227 2130 Ml— RJ183 0100 IMMMB SQ19 0805 GA890 0050 KL837 1340 SQ24 0115 KL838 2305 SQ38 2330 kltmm 0015 0A473 0A474 2245 MM NZ21 1700 N222 1820 SQ338 1905 IMjg GF148 0915 S«ri
      1,124 words
    • THE TRAVEL PAGE
      • Article, Illustration
        Luxuriating in Pattaya
        657 31  -  LETTER FROM THAILAND By Justin Wintle Bangkok never ceases to astonish me. When I first visited it, 14 years ago, I encountered an immeasurable flatness, a pancake, but a pancake in a spiked frying pan: at irregular intervals it was pierced by conglomerations of cement and glass
        657 words
      • Article
        MONEY CHANGER RATES
        151 31 As at 3pm yesterday: Local dollars to one unit of foreign currency Currencies Bid Offer Australian dollar 1.3099 1.3277 Canadian dollar I.487S 1.5200 NZ dollar 0.9355 0.9700 Sterling pound 2.9290 2.9690 US dollar 1.6850 1.6900 Local dollars to 100 nits of foraga currency Austrian schilling 14.20 14.60
        151 words
      • Article
        WORLD TRADE EXHIBITIONS
        77 31 Duration Title Venue Organiser Tel Duration Title Venue Organiser Tel Oct 26- 22th Furniture Milan Trade Associazione 02/*****04 Nov 4-8 International S* ra i e RP Ce tre ********** Nov 3 Modern Living Fair. Italy Promozionc Plastics Yugoslavia Skenderya Exposition Mostre Rubber Fair Oct 30- International Santiago.
        77 words
    • TIME OFF
      • Article
        THEATRE
        98 32 SSO Conductor Choo Hoey. Soloist: Joanna MacGregor (piano). Programme includes works by Mozart, Gershwin and Honegger. Venue: Victoria Concert Hall. Nov 1 2. 8.15pm. Aules Wind Quintet Founded in 1981, the Aulos Wind Quintet consists of Peter Rijkx (flute), Diethelm Jonas (oboe), Karl Theo Adler (clarinet), Dietmar Ullrich (horn)
        98 words
      • Article, Illustration
        EXHIBITIONS
        347 32  -  Compiled by Yasotha M Ecstatic Fantasy Unusual figurative and abstract paintings by international artists: Victor Pasmore, Antonio Blanco, Charlotte Thymark and Miriam Wills. Venue: Allan Art, 1 Scotts Road, #02-11 Shaw Centre. Oct 26-Nov 10. Sailing Past Singapore: Between Imagination and Reality A collection of original seacharts from the
        347 words
    • Article, Illustration
      CINEMA
      569 32 Hamlet. Well, Mel Gibson couldn't play Romeo so he might as well be a Shakespearean lethal weapon. He doesn't do too badly, either. Glenn Close plays her usual shrew. Anyway, Gibson shows what happens when you don't obey your mother. Jade Classics: 10.45; 1.30; 4; 6.30; 9. Men At
      569 words
  • Page 21 Advertisements
    • Advertisement
      Page 21 Advertisements Column 1
      173 21 ;2hn b n 24-hour Loan Information Servt— jMN Approve! '3 3 4 3 5 8 8 3 3 4 3 68 8 j jP^" >-' fl -^:J: .^^l V SPSP" 1 A -*i2j A 4 7 Available Exclusively SINGAPORE: Burberry* Main Shop: 390Orcliard Road. #M 1 01 02 Palais Renaissance
      173 words
Page thumbnail Page 22
  • Page 22 Advertisements
  • Page 22 Miscellaneous
    • Miscellaneous
      Page 22 Miscellaneous Column 1
      51 22 DOONESBURY BY GARRY TRUDEAU UOOW.VOU HP/.CMON. WOOPY.rKNOT THEHHFTHAT kWfTHNK JOAN.UHATV I THOMA6. ITPIOTTSTICK. I A 6AM& WOHeN ANPVDU CAN*T6£T TWTTte nu&pecr lIF im POSITIONS U&& I uextPKPixaF- &™.rr BMBS'MM TKASHIN6OF FROM US, I R&BRS£Q,Tm F&VWSIS FBHtXOWHOtU TMTJJSTI- WWHOW ANITA HIU? UM6 I WOULP BG FUBON6 CU& fl WLLHJAbTF&m?! "fff&i F&KXK...
      51 words
Page thumbnail Page 23
  • Page 23 Advertisements
    • Advertisement
      Page 23 Advertisements Column 1
      366 23 —I THE COURVOISIER FCN $1 MILLION HOLE-IN-ONE GOLF TOURNAMENT Yes. there's $1 Million to be won if you score a Hole-in- Another super Porsche 968 awaits the player who scores a" One The Courvoisier FCN $1 Million Hole-in-One tournament hole-in-one at a designated green on the back nine. Other fabulous
      366 words
Page thumbnail Page 24
  • Page 24 Advertisements
    • Advertisement
      Page 24 Advertisements Column 1
      1076 24 WHERE TO WINE, DINE AND ENTERTAIN WHERE TO WINE, DINE AND ENTERTAIN WHEBE TO WINE, DINE gwi™ nuimg&jf SUNDAY TEMPTATIONS Every Sunday, Nutmeg's brings to you exquisite culinary surprises, fine wines and champagnes and the relaxing chords of our jazz musicians. Seafood delicacies, Sunday favourites, local specialities and even a
      1,076 words
Page thumbnail Page 25
  • Page 25 Advertisements
    • Advertisement
      Page 25 Advertisements Column 1
      137 25 ANO ENTERTAIN A scrumptious buffet selection for the adults. Cartoons and toys for the kids. Every Sunday. II am to 2.30 pm. Adults $31 +Kids $19++ For reservations, ANA HOTEL pleue call 732-1222 ext 1582/1597. 9mm^SSSS TMphon* (65) 732 1222 At Hai Xiang's Seafood Promotion, diners have an offer that's
      137 words
    • Advertisement
      Page 25 Advertisements Column 2
      209 25 |jj| new fcjT MAJUNA BAY COLT ft COUNTRY OXW #IMfIMN^CiM|P^SViCAI QK#l9i»l l QftlCflKV > iIf9QN^9UMIttCM4JOt'SKt DYNASTY GARDEN RESTAURANT 40-42 Ciaig Road, Singapore 0208. Te1:*****16 IT gg BOSSES DAY $288 Aferry Shark's Fin Set For lO Persons Barbecued Duck in Peking Stifle Combination of Taro Salted Egg Yolk Scallop Pine Seed
      209 words
Page thumbnail Page 26
  • Page 26 Advertisements
    • Advertisement
      Page 26 Advertisements Column 1
      49 26 Survivai Iffl^^" We've sharpened our Image and focus to help you tame your corner of the concrete Jungle. A sleeker Singapore Business now gives you even better coverage of how companies in the Republic and beyond are stalking the opportunities of the *****. .r> You can count on it
      49 words
Page thumbnail Page 27
Page thumbnail Page 28
  • Page 28 Advertisements
    • Advertisement
      Page 28 Advertisements Column 1
      106 28 "**********77* •> w M- 1 AttractiveifSl tl Mil liSflflS I will be given away IBM SDI C J Jf golf wear abovirtßSl I K Wis-.. i 'AV.V !»JiS Ja? \--v- lfl| CI pes of Golf Skirts given IWjj away during this lucky draw I W 111 r :s AVAILABLE AT
      106 words
Page thumbnail Page 29
  • Page 29 Advertisements
    • Advertisement
      Page 29 Advertisements Column 1
      215 29 I rr*. ,7*J Quick and Easy. Get instant cash for your shares over the counter at any of our 28 branches Scripless Counters are also acceptable Loans from $2,000 to $100,000 Borrow for one, two or three months Use the loan for any purpose No monthly repayments. Return the amount
      215 words
Page thumbnail Page 30
  • Page 30 Advertisements
    • Advertisement
      Page 30 Advertisements Column 1
      151 30 Advertisement DHL INTRODUCES EXPRESS LINE Newly introduced in Line System is the first of operation takes only a mere Singapore by DHL World- its kind in the air express 20 seconds without even wide Express is the industry. having to pick up the Express Line System, A swipe of a
      151 words
    • Advertisement
      Page 30 Advertisements Column 2
      152 30 B U S I NESS T I M E S TELEPHONE: 7 30-5 771/5 7 7 2/ 5773 FAX: 734-49ftt 8 Shangri-La hotel SINGAPORE A SHANGRI-LA INTERNATIONAL HOTEL If you are thinking of working for one of the top ten hotels in the world. here are two unique opportunities. PUBLIC
      152 words
Page thumbnail Page 31
  • Page 31 Advertisements
    • Advertisement
      Page 31 Advertisements Column 1
      17 31 Say goodbye to s«fl\ l_ every Monday and 'ruesday. With Finnair's new schedule. Call *****77 for details.
      17 words
    • Advertisement
      Page 31 Advertisements Column 2
      11 31 Your search for EXECUTIVE OPPORTUNITIES begins with the EXECUTIVE APPOINTMENTS page
      11 words
    • Advertisement
      Page 31 Advertisements Column 3
      208 31 ■™e The Straits Times Waekly Overseas Edition. A crisp summary of happenings in Singapore. Politics, the economy, investment opportunities,appointments... And snippets on Malaysia and A convenient tabloid delivered to you everyweek, whereever you may be. Subscribe now. Andbeintoudt Times Making an issue of the major news MBiWdnimjumii —~——i I I
      208 words
  • Page 31 Miscellaneous
    • Miscellaneous
      Page 31 Miscellaneous Column 1
      253 31 1 Change of clothing (5) person the country is not under con- 8 Support used during a handicap puissance (5) State speed of a beautiful maiden (5) 16 One place to cut down on HHi flV"" 19 Mild disorder in mental IS"" 20 Firm's shirt 22 Prohibition on a nobleman
      253 words
    • Miscellaneous
      Page 31 Miscellaneous Column 2
      157 31 World forecast Asia-Pacific Hi/Lo* Cond. Auckland 19/13 Cloudy Bangkok 32/24 Sunny Beijing 14/03 Showers Brunei 32/24 Showers Hongkong 24/19 Cloudy Jakarta 33/24 Cloudy Kuala Lumpur 32/24 Showers Manila 31/22 Cloudy Melbourne unav Perth 24/14 Sunny Seoul 14/03 Showers Sydney 22/14 Sunny Taipei 25/18 Showers Tokyo 17/07 Showers Wellington unav Europe
      157 words
    • Miscellaneous
      Page 31 Miscellaneous Column 3
      27 31 I by ne-Ttroe you've t&a... rgoopie.of tme. iNcxeAse <k ft»ce doughnuts... p> NOGHußr...sone crisTO md aw IS DISGRACEFUL J APPLE. lOj get UTtUE. CHPsNGe OyJT OF A
      27 words
Page thumbnail Page 32
  • Page 32 Miscellaneous
    • Miscellaneous
      Page 32 Miscellaneous Column 1
      1723 32 TODAY'S TV 8.00 Simon Townsend's Won- 820 Ik* Story Spit Macan Kampus, 3pm, SBC 5 Wildlife Tales: The Weaver's MacPhee. About a group of undergrads Tale, 12pm, SBC 5 lo oo Show who get a chance to play pro- No, it's not the beaver with a t ja'io tv. ujjo
      1,723 words
    • Miscellaneous
      Page 32 Miscellaneous Column 2
      689 32 MOVIES ON TV La Bamba, 42nd Street, Mon, 10.30pm, SBC 5 Tims, 11 pm, TV 2 The movie that made Lou Classic musical about ailing Diamond Philips think he Broadway director about to was part of the Brat Pack, put together his final show, Still, he does a vivid portray-
      689 words