The Business Times, 25 April 1992
1992-04-25
1
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The Business Times
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Title Section19 1992-04-25 1 Business Times MITA (P) 35/12/91 THE Hi SIS ESS PAPER EOR S-E ASIA Weekend Edition, April 25-26 1992 75"19 words
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NEWS & MARKETS SUMMARY
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Article25 1992-04-25 1 NEW YORK stocks opened mixed yesterday morning. After one hour of trading, the Dow average slipped to show an 8.27-point loss at 3,340.34.25 words
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Article22 1992-04-25 1 LONDON shares were higher at midday yesterday. At about 1115 GMT, the FTSE 100 was up 11.8 points at 2,621.6.22 words
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51 1992-04-25 1 BELGRADE The parliaments of Serbia and Montenegro have adopted a new constitution making the two republics heirs to the shattered Yugoslav federation. The legislatures adopted the document, which replaces the 1974 constitution grouping six republics in a Yugoslav federation, in separate votes late on51 words
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Article41 1992-04-25 1 THE Real Estate Developers' Association of Singapore (Redas) sold SS3O million worth of property during a recent marketing trip to Hongkong Redas president Edmund Cheng said sales worth a further Ss4o million are in the pipeline Page 241 words
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Article41 1992-04-25 1 SHANGRI-LA Hotel Ltd which holds minority stakes in hotel properties in Malaysia, Indonesia, Hongkong, 'China, Canada and the Philippines will continue to invest mainly in the region, said chairman EW Barker in his annual statement Page 341 words
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Article39 1992-04-25 1 ASEAN has emerged as Australia's second-largest export market, behind Japan, with exports to the region worth A 56.5 billion (SSB.2 billion) in 1991, surpassing exports to traditional markets such as Europe and America Page 639 words
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Article39 1992-04-25 1 US PRESIDENT George Bush has further relaxed Cold War trade restrictions on computers and other high-technology exports to Western Europe, Japan and Australia covering up to US$3 billion (554.97 billion) annually in foreign sales. Page 739 words
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Article, Illustration29 1992-04-25 1 Friday Change BT-MGA 689.09 +3.79 Kuala Lumpur ....583.71 +0.81 Tokyo 17,542.45 +140.40 Hongkong 5,330.17 +42.39 Sydney 1,609.60 +1.8 Thursday Change New York 3,348.61 +9.84 London 2,609.80 2.029 words
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Article24 1992-04-25 1 Exchange rates USS SS 1.6585 100 Yen SS 1.2322 MS SS 0.6539 Money market rates Overnight 3 1/2 +1/4 3-month 3 1/4% +1/1624 words
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Article35 1992-04-25 1 S'poreMay 14l.75«/kg -0.50 M'sia May 2l8 00*/kg +0.01 KL Tin Turnover 52 tonnes -7 Spot MS14.54/kg unch Crude palm Ml Turnover 447 lots -478 July MS880 /tonne -4 London Gold AM fix USS336.55 -US$1.7535 words
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Article, Illustration472 1992-04-25 1 Sylvia Wong - Garden beach resort plan to replace winter wonderland concept By Sylvia Wong SINGAPORE The grounded Desaru resort project is to be revived as a garden beach resort under the new management of Kejora Holdings Sdn Bhd, the private company incorporated by the South-east472 words
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Article, Illustration378 1992-04-25 1 Catherine Ong - Post is reward for his election efforts: British press From Catherine Ong in HONGKONG BRITISH Conservative Party chairman Chris Patten was yesterday named the new Governor of Hongkong, succeeding Lord David Wilson who retires this summer. Confirming speculation in the London press378 words
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392 1992-04-25 1 Yang Razali Kassim - Senior Minister's visit to Vietnam From Yang Razali Kassim in HANOI SINGAPOREAN investment in Vietnam has got off to a strong start. Since the government decided late last year to lift the ban on Singapore companies investing in Vietnam, about392 words
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Article, Illustration438 1992-04-25 1 SINGAPORE Guoco Group Ltd, the Hongkonglisted investment and banking group controlled by Malaysia's Hong Leong Group, is going for full control of a British commercial bank to increase its international exposure. Guoco which owns a 53.8 per cent stake in Singapore's First438 words
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Page 1 Advertisements
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Advertisement153 1992-04-25 1 Nikon Ini vfDvvQ 9 rUIiP HiOIOyVC OylWfn. COVER OPINIONS PROFILE 1 PURSUITS PURSUITS FINANCE TiwklrSno The true cost of Conversations <* Showcase P BB outlookfor Looking 'M* J hired help. EL 2 at Raffles 9 Shining Through Q f Singapore and ujf (ft The problem with with Freejack Giimrius 8153 words
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Advertisement23 1992-04-25 1 Lee suggests short cut for Viets to win economic war, Back Page 0 SPH interim earnings jump 13pc to $86.7 m, Pg 323 words
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Advertisement309 1992-04-25 1 Nikon Th»Wbrid'sFlnMt Photographic Syatom. One of the great designs of this century And probably the next. aj? JSm^M The Royal Oak. hand-made and indutdually numbered uilh ultra thin quartz movement, water-resistant to 5 aim 8A561 75 789 The Royal Oak is instantly Decisive, individual, agerecognized by its unique less. One309 words
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SINGAPORE NEWS
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NEWS ROUNDUP
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72 1992-04-25 2 FINANCE MINISTER Richard Hu is on an official visit to China until May 3 to promote cooperation between Singapore and China in banking and finance. He is accompanied by Mrs Hu and senior officials from the Monetary Authority of Singapore. Before returning to72 words
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Article51 1992-04-25 2 US Defence Secretary Dick Cheney is visiting Singapore, Indonesia and Australia. He will arrive in Singapore on Monday. During his two-day stay he will meet Prime Minister Goh Chok Tong, Senior Minister Lee Kuan Yew, Defence Minister Dr Yeo Ning Hong and Foreign Minister Wong Kan51 words
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Article40 1992-04-25 2 THE Association of Muslim Professionals (AMP) will launch its Social Action Plan for this year on May 2 as part of its aim to mobilise professionals to address the social problems faced by the Malay/Muslim community.40 words
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Article52 1992-04-25 2 THE MINISTER for National Development, S Dhanabalan, yesterday unveiled a new sculpture at Marina City Park. The 13-metre high bronze and stainless steel sculpture, Soaring Vision, was sculpted by Elsie Yu and donated by Albert Hong, chairman and managing director of RSP Architects, Planners and Engineers52 words
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Article51 1992-04-25 2 THE Staff Union of the NTUC Research Unit (SUN) held its inaugural meeting yesterday. NTUC secretary-general Ong Teng Cheong said in a speech that 234 out of 243 potential members had joined the union. SUN does not distinguish between junior and senior staff for union51 words
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164 1992-04-25 2 GLOBAL financial information vendor Bridge Information Systems Inc has opened an office in Singapore. The St Louis-based company also has offices in major US cities, London, Edinburgh, Watford, Paris, Frankfurt, Hongkong and Tokyo. The Singapore opening coincides with the recent demise of another vendor,164 words
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Article, Illustration303 1992-04-25 2 Sylvia Wong - Sales worth another $40m are in the pipeline By Sylvia Wong THE Real Estate Developers' Association of Singapore (Redas) sold $30 million worth of property during a recent marketing trip to Hongkong. And sales worth a further $40 million are in the pipeline.303 words
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Article, Illustration426 1992-04-25 2 Ang Wan May - Reports by Ang Wan May SINGAPORE Hungary, in line with moves to make its economy more marketoriented, is stepping up efforts to woo Singapore investors. Twenty Hungarian companies, including the country's biggest savings and commercial bank, will hold talks with the Singapore426 words
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279 1992-04-25 2 FIFTEEN local firms, mainly from the electronics and textile sectors, have set up jointventure companies in Hungary "In terms of trade, Hungary is better than any other country in Eastern Europe," says Alan Toh, director of Justable Singapore Pte Ltd, an279 words
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SHIPS IN PORT
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Article592 1992-04-25 2 ¥tnd Ih B»H* fcriwl Onwrtot Html Voy Ha Berth Arm* Pq>arfrre Marina Terminal 1 Perita Man 8A/92 P0 7 25 04/1600 25 04/2300 Batam Mau *****2 M05 atocsside 2504/2300 Robert E Lee CG618* P03 24.04/1100 24 04/2300 Batam Murni *****2 M04 atawpde 2504/2300 Robert E Lee WA316*592 words
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Article1038 1992-04-25 2 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Record Bookin/Mance Rdts Ship Voy No Etb/Btr Period From To From H Mm* 67VW 27/1300 3 25/0700 25/1159 25/1400 4 25/1200 25/1459 25/1700 Anson *****N 25/1500 1 24/1500 24/1659 24/1900 An* 03N 27/2000 3 25/0700 25/1159 25/1400 4 25/1200 25/14591,038 words
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COMPANY NEWS 1
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438 1992-04-25 3 Lee Han Shih - By Lee Han Shih SINGAPORE Riding on higher advertising revenues and a good performance by its fund managers, Singapore Press Holdings Ltd (SPH) yesterday declared a 13.1 per cent jump in its interim net earnings to $86.71 million. For the six months ended438 words
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579 1992-04-25 3 Sugeeta Mulchand - Good prospects with stronger economies and increasing tourism By Sugeeta Mulchand SINGAPORE Shangri-La Hotel Ltd, which has stakes in three new overseas hotels coming on stream this year, in addition to one in Sentosa, is looking for further growth in the region. Chairman EW Barker579 words
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246 1992-04-25 3 AFP HONGKONG China will set up its third official stock market in the northern city of Tianjin this year, the Wen Wei Po newspaper reported here yesterday. The People's Bank of China has given its approval for Tianjin, which neighboursAFP - 246 words
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317 1992-04-25 3 Brokers to be punished for violations of sub-brokers i BANGKOK The Stock Exchange of Thailand (SET) will implement a new regulation punishing brokerage firms for violations committed by their sub-brokers, the Bangkok Post reported on Thursday. SET president Maruey Phadoongsidhi told the Bangkok317 words
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292 1992-04-25 3 Reuter SEOUL South Korea's Fair Trade Commission (FTC) imposed total penalties of 1.82 billion won (553.88 million) on 12 companies, all subsidiaries of six big business groups, or chaebol, for excessive shareholdings in other companies and illicit cross-investments, aReuter - 292 words
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452 1992-04-25 3 Catherine Ong - The Ch'ng Poh inquiry From Catherine Ong in HONGKONG MALAYSIAN businessman Ch'ng Poh, under investigation for theft of HK$l27 million (5527.2 million), has denied he conspired with the Low brothers of Ka Wah Bank to defraud IHD Holdings, a Hongkong public452 words
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Article198 1992-04-25 3 Bernama KUALA LUMPUR The tussle for ownership of Federal Cables, Wires Metal Manufacturing Bhd (FCW) became more intense yesterday when Ekran Berhad countered Leader Universal Holdings Bhd's revised offer with its own revised offer. Ekran, a Sarawak company controlled by timber tycoon Ting PekBernama - 198 words
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COMPANY BRIEFS
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77 1992-04-25 3 KUALA LUMPUR Golden Hope Plantations Berhad has been granted an investment licence to set up and operate an edible oils refinery in Vietnam, it first major foray overseas. The joint-venture company. Golden Hope-Nha Be Edible Oils Company Ltd, will be 5177 words
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116 1992-04-25 3 KUALA LUMPUR Golden Plus Holdings Bhd has reported a group operating pre-tax profit of M$ 13.79 million (559.02 million) for 1991, up 70.9 per cent from M 58.07 million a year earlier. Group turnover was 2.6 per cent higher at M 577.73 million from116 words
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Article91 1992-04-25 3 KUALA LUMPUR Granite Industries Bhd is investing an estimated Ms6o million (5539.23 million) to develop two "three star" hotels here over the next two years. Chairman, Tunku Abdullah Tuanku Abdul Rahman said one hotel would be located at Lorong Ceylon, near Jalan Bukit Bintang and the other91 words
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Article81 1992-04-25 3 KUALA LUMPUR Keck Seng (Malaysia) Bhd has announced a group consolidated pre-tax operating profit of M 552.87 million (5534.57 million) for the year ended Dec 31, 1991, up 78 percent from M 529.66 million in the previous corresponding period. Releasing its audited preliminary results. Keck Seng81 words
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246 1992-04-25 3 Sangeeta Mulchand - By Sangeeta Mulchand SINGAPORE Heshe Holdings Ltd is aiming for a Sesdaq debut at the end of the month, group managing director Chia Shi Teck told BT. "We are hoping to have it out by April 30," he said. "To be fair to246 words
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COMPANY BRIEFS
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80 1992-04-25 4 KUALA LUMPUR Malaysia's national oil company, Petronas, will spend up to Ms2B billion over the next lour years to implement its oil and gas projects. Hamzah Bakar, Petronas' vice-president (corporate planning) said. In his working paper. "Business Opportunities in the Oil80 words
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Article109 1992-04-25 4 NEW YORK Two large health-care companies reported double-digit increases in their profits for the first quarter on Thursday, but both said drug sales had declined in the Ub market Johnson Johnson said its net income rose by 11 ner cent in the first quarter.109 words
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Article120 1992-04-25 4 TOKYO Toyota Motor Corp said it will reduce production at its plant in Tahara, in central Japan, that produces the Crown Majesta and Aristo luxury models. Toyota president Shoichiro Toyoda said at a news conference in Osaka that one of the four assembly lines120 words
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Article49 1992-04-25 4 NEW YORK MCI Communications Corp, the nation's second-largest provider of long-distance telephone service said on Thursday that earnings in the first quarter rose 8.5 per cent, to US$l4l million, or 51 cents a share, from US$l3O million, or 48 cents a share, a year earlier.49 words
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Article, Illustration394 1992-04-25 4 Reuter PHILADELPHIA Du Pont Co has agreed to swap its acrylics business for Imperial Chemical Industries pic's nylon fibres unit and will pay ICI around US$443 million (***** million) in the deal, the companies said on Thursday. "It is a niceReuter - 394 words
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551 1992-04-25 4 Reuter NEW YORK Major oil companies on Thursday reported a drop in first-quarter earnings, as falling refining profits cut into the bottom line. Exxon, the nation's largest oil company, third-ranked Texaco Inc, and Occidental Petroleum Corp all reported a decline in earnings.Reuter - 551 words
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315 1992-04-25 4 Reuter PARIS Thomson-CSF said its SGS-Thomson Microelectronics BV unit lost 581 million francs (S$ 171 million) in 1991, dragging down the parent's profit by 209 million francs. Thomson-CSF documents distributed at a meeting with analysts and reporters also showed the Firm's SextantReuter - 315 words
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326 1992-04-25 4 Reuter CHICAGO McDonald's Corp, which reported higher 1992 first quarter sales and earnings, said there is some indication its business is picking up. "There is no indication in the economy in general but we see some turnaround in our business. Each quarter seems toReuter - 326 words
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Page 3 Advertisements
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Advertisement27 1992-04-25 3 EXPOSED CULTURE VULTURE LOVER IN MOTION" Mi THE DEBUT ALBUM FULL OF ASIAN ZEST 4DEWI, LOST IN THE WIND ANAK KU On Compact Discs Cassettes L iir"27 words
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Page 4 Advertisements
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Advertisement524 1992-04-25 4 ANNOUNCEMENT I GROUP 1 I COMPANY 1 UNAUDITED I 1 Results 1992 1991 1992 1991 I L_ SS'OOO Ss'ooo SJ'OOO SJ'OOO RESULTS FOR Tumover 296,317 |||P (IV Trading proft 110,446 100,428 4 10.0 27.632 26,433 111 mm VIMm After charging i Depreciation of fixed assets 10,776 10,496 2.7 6,923 8,100524 words
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FINANCIAL NEWS
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629 1992-04-25 5 Some analysts surprised by the low non-performing loans figure Reuter TOKYO Japan's Finance Ministry tried to dispel investors' worries over the banking sector's health with an unusually early disclosure ot data for the year to March 31, including estimates for topReuter - 629 words
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389 1992-04-25 5 Asahi TOKYO Japans .long-term credit banks are considering raising their long-term prime lending rates, commercial rates applied to blue-chip companies, in May in response to the slumping bond market. The banks plan to raise the rates despite the April 1 0.75-percentage pointAsahi - 389 words
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Article, Illustration478 1992-04-25 5 DBS Bank weekly currency review L'SS/Dm: further upside expected for greenback After reaching a low of 1.6130 marks on April 9, the bear trend for the US dollar was reversed when it broke out from a bearish channel on April 13.478 words
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Article, Illustration269 1992-04-25 5 Kooi Cho Teng - By Kooi Cho Teng SINGAPORE The second largest cement company in Thailand. Siam City Cement Company Ltd. has raised the final part of a US$65 million (S$ 107.8 million) loan to finance the building of two plants. The plants, costing a269 words
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368 1992-04-25 5 Reuter NEW YORK American Express Co said on Thursday that its net income surged 76 per cent in the first quarter, but only because of an accounting change. The financial-services companv said it had earnings of U*****.3 million (Ss77l million), or 51Reuter - 368 words
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SMALL CHANGE
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104 1992-04-25 5 BOSTON Bank of Boston said on Thursday that its first-quarter earnings totalled US$57 million (5594.5 million), or 68 US cents a share, in contrast to a loss ot US$B9 million for the quarter a year earlier. Non-performing assets, including non-accruing loans, restructured104 words
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Article102 1992-04-25 5 TOKYO Four major Japanese banks posted their latest forecasts for profits for the year ended March 31. Sumitomo Trust Banking Co Ltd said parent current profit should come in around 70 billion yen (*****.5 million), unchanged from its previous forecast. Mitsubishi Trust Banking Corp expects parent102 words
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Article92 1992-04-25 5 ZURICH Union Bank of Switzerland (ÜBS) chief executive Peter Studer said first quarter results were tine to budget and above first quarter 1991 levels. He gave no details and made no forecasts for the whole year. ÜBS, Switzerland's largest bank, reported in February its consolidated92 words
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Article89 1992-04-25 5 YAOUNDE, Cameroon Standard Chartered pk has sent a delegation to Cameroon to discuss the takeovei of the local branch of the scandal-hit Bank of Credit and Commerce International SA, state television reported "I can neither deny nor confirm the takeover, but our decision will be announced very89 words
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185 1992-04-25 5 AFP TAIPEI Taiwan is to float for the first time non-physi-cal construction bonds in June as part of its efforts to boost its fledgling bond market, a finance ministry official said yesterday. "The ministry has decided to issue some NTS 10 billion (***** million)AFP - 185 words
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Page 5 Advertisements
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Advertisement173 1992-04-25 5 SEBIIS THE 1992 ENDEC ENTREPRENE URSHIP EXCELLENCE AWARDS YOUR CHANCE TO REWARD ENTREPRENEURIAL EXCELLENCE IN THE SINGAPORE BUSINESS COMMUNITY The 1992 ENDEC World Conference on Entrepreneurship will be the occassion for the presentation of these awards THE WINNERS WILL BE A man and a woman who possess outstanding entrepreneurial and173 words
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THE REGION
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Article, Illustration619 1992-04-25 6 Exports to Asean in 1991 exceeded those to Europe or US IHT SYDNEY Australian companies, squeezed by recession and an increasingly competitive domestic market, are pushing to expand sales in Asia, looking beyond their traditional markets in Europe and America. In 1991, Australian exports toIHT; IHT graphics - 619 words
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386 1992-04-25 6 Diplomats, analysts not hopeful about Thursday's leadership change AFP BANGKOK The Myanmar junta's policy of crushing all opposition through secret trials and intimidation is expected to continue unabated despite Thursday's leadership change, diplomats and analysts said yesterday. The appointment of General Than Shwe as head ofAFP - 386 words
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Article, Illustration426 1992-04-25 6 Reuter MANILA The Philippines has laid the groundwork for an economic rebound by liberalising foreign exchange, trade and investment rules, but must push harder to maintain the pace of reform, the central bank governor said. Governor Jose Cuisia. in a speech inReuter - 426 words
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Article362 1992-04-25 6 Reuter WELLINGTON The announcement of a record trade surplus yesterday has rounded off a flourish of good news for New Zealand's embattled economy, in recession since the share market crash of October 1987. Prime Minister Jim Bolger hailed the announcement of. a NZ5524.4 million (*****.9Reuter - 362 words
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Page 6 Advertisements
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Advertisement721 1992-04-25 6 /sff/ Here's a golden opportunity! Fly British Airways to a £folfwi£j holiday at Sanctuary Cove on y magnificent Gold Coast. ffcmSm^J The winners of the first four correct entries drawn will each receive: Hj J j S^JH A return Club World ticket to Brisbane, Queensland on British Airways, the World's721 words
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THE WORLD
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Article, Illustration534 1992-04-25 7 AP WASHINGTON President Bush on Thursday further relaxed Cold War trade restrictions on high-technolo-gy exports and derided the "flat-earth mentality" of opponents of his drive to reduce global trade barriers. "When we lift barriers to economic freedom within and among our countries," he said,AP - 534 words
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373 1992-04-25 7 Reuter BRUSSELS Japan has agreed to cut new car shipments to the European Community this year to give a breathing space to hardpressed European Community car makers, the EC's Executive Commission said on Thursday. A Commission spokesman refused to giveReuter - 373 words
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531 1992-04-25 7 NYT WASHINGTON The revival of US manufacturing, one of the brightest spots in the 1980s economic landscape, may have been less spectacular than government data have been showing. New estimates from the Commerce and Labor Departments show that on three fronts manufacturing performance fromNYT - 531 words
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Article, Illustration41 1992-04-25 7 PARIS French businessman Georges Lancelin and the Soviet satellite he bought at an auction for 1,000,000 francs (*****,000) in Paris on Thursday. The satellite was part of the "Photon" series sent into orbit in April 1985.41 words
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300 1992-04-25 7 AP WASHINGTON As an approving President Bush looked on. US and Japanese officials signed an agreement on Thursday widening access to Japan's USS27 billion (5544.74 billion) paper market tor US and other foreign paper producers. "American paper." quipped Deputy Trade Representative MichaelAP - 300 words
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476 1992-04-25 7 Higher money supply dims hopes of cut in Bundesbank rates IHT FRANKFURT Hopes for an early cut in European interest rates to stimulate economic growth receded on Thursday as Germany reported a potentially inflationary surge in its money supply last month. The unexpected increaseIHT - 476 words
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WORLD WATCH
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107 1992-04-25 7 BEIJING Trade between China and South Korea, which do not have diplomatic relations, is expected to hit US$lO billion (5516.5 billion) this year, an official report said yesterday. That would be nearly double last year's figure of US$5.B4 billion, the China Daily reported.107 words
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Article89 1992-04-25 7 MANILA The Philippine government signed agreements for new loans totalling U*****.1 million (*****.2 million) from January to March this year. Finance Department spokesmen said here yesterday. The loan agreements, which cover 11 projects, are part of the US$3.2 billion pledged by the international community at the89 words
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Article64 1992-04-25 7 DHAKA Myanmar Foreign Minister Ohn Gyaw and his Bangladesh counterpart, Mustafizur Rahman, began formal talks here yesterday on the crisis caused by a massive influx of Muslim refugees into south-eastern Bangladesh. Official sources said the two ministers and their aides began the talks during a64 words
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Article88 1992-04-25 7 LIMA Peru's President Alberto Fujimori and opponents of his virtual one-man rule locked tighter in a stand-off after a mission from the Organisation of American States (OAS) made little progress in spurring talks. The OAS delegation, led by Uruguayan Foreign Minister Hector Gros Espiell. left Lima88 words
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Article94 1992-04-25 7 VIENNA Proposals for combatting global warming could undermine world economic growth and harm many developing countries, oil producers warned yesterday. Opec and Independent Petroleum Exporting Countries, meeting ahead of the Earth Summit in Brazil in June, expressed concern about the negative effect of energy and94 words
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Article107 1992-04-25 7 BOGOTA, Colombia The Colombian government on Thursday declared a state of economic and social emergency to allow it to take measures to counter an electricity crisis. A decree, signed by President Cesar Gaviria and his Cabinet and read on Colombian radio, said the emergency would107 words
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Page 7 Advertisements
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Advertisement72 1992-04-25 7 LaPlaia^l CNR ALBANY HIGHWAY, JOHN STREET. EWING STREET, MOTLEY, WESTERN AUSTRALIA RETAIL INVESTMENT WITH OUTSTANDING EXPANSION POTENTIAL Wool worths. Action Supermarkets. 47 special!) stores. 2 kiosks. 2 freestanding fast food outlets. Gross leasable area approximately I IX9ssqm Land area 5.8574 hectares. Tenders close 12 noon Wednesday 20th May IW2. Further72 words
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Advertisement93 1992-04-25 7 45th Anniversary The One-Stop Educational Centre Dedicated to Professional Education since 1947 Studies that work for people at work Part-time A Full-time course available! LL.B (Hons) Degree (University of London) Pre-Law (A.E.8.) Certificate/Diploma in Administrative Management (1.A.M.) Diploma in Accounting/Marketing (LCCI) Certificate in Marketing/Sales Management (C.1.M.) Pnvate Secretarial Certificate (LCCI/Pitmans)93 words
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STOCK EXCHANGE OF SINGAPORE 1
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Article, Illustration3712 1992-04-25 8 Genevieve Cua - By Genevieve Cua INVESTOR interest yesterday was evenly divided between blue ehips and lower-prieed second liners, but trading was said to be directionless and dull. Market players were said to be looking to the US and Japan for fresh factors. A3,712 words
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Article, Illustration71 1992-04-25 8 Chew Eng Han - -By Chew Eng Han Comment THE stock exceeded the upside target of $2.71, almost hitting $2.95 in February, but has since retreated sharply as expected. The short-term rally over the past few days may not last as 5-day stochastics are almost at 100. Resistance at $2.75 is unlikelySource: Bridge Info - 71 words
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Article2597 1992-04-25 9 SPH Foreign 1320 +30 +2.3% Roth Inds 50* 650 25 +4.(W. Keppel C'orpn 745 +20 +2.8% OUE 780 +20 +2.6% BAT 21' 555 +15 +2.8% CM B Packaging 590 -15 +2.6% Orchard Parade 490 14 +2.9% DBS 1130 +10 0.9% OCBC Foreign 1140 +10 -02,597 words
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Page 9 Advertisements
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Advertisement127 1992-04-25 9 Shinel YOUR KEY TO BETTERBUSINESS DECISIONS! Shine s ingapore Press Holdings' inforich database financial statements highlights, graphs, latest results team: T. S. Liu on *****35, Hazel Ong on 740 1771 on Teleview, which incidentally is the most advanced and company news. orTonyChia videotext system in the world. For a subscription127 words
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Article2978 1992-04-25 10 CDL (2000) I HO +135 KWO.O% leader I; 555 15 2.8% Guinness 50* 350 +-14 +4.2% IJM Corpn 274 +14 +5 4% Southern Bank 243 +7 +3.0% KL Kepong 239 +6 +2.6% MAS 454 +6 +1.3% MISC Foreign 488 +6 +1.2% Shell 472 +6 +1.3%2,978 words
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Page 10 Advertisements
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Advertisement132 1992-04-25 10 If you don't already know, the buzz word in high-tech electronic advertising today is Shine. Shine is Singapore Press Holdings' inforich database on Teleview which incidentally is the most advanced videotext system in the world. Shine contains over 30,000 screens of well-designed and packaged information on business, lifestyle, education and132 words
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KUALA LUMPUR STOCK EXCHANGE
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Article, Illustration4726 1992-04-25 11 Bernama PROFIT liquidation in the afternoon session after initial gains took share prices in the Kuala Lumpur stock market to a mixed close yesterday. The KLSE Composite Index at the close added 0.81 of a point to 583.71, the Industrial IndexBernama - 4,726 words
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STOCK EXCHANGE OF THAILAND
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Article, Illustration2142 1992-04-25 12 Reuter SHARE prices on the Stock Exchange of Thailand ended slightly lower on light profittaking yesterday and trading was very nervous and cautious due to a lack of fresh factors, brokers said. The SET index gave back 2.86 points to close theReuter; Source: Bridge Info - 2,142 words
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JAKARTA STOCK EXCHANGE
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Article, Illustration1157 1992-04-25 12 JAKARTA stock prices closcd slightly higher in a quiet half-day trade yesterday, with the index edging up 0.41 point to 277.08. Sentiment was bullish towards only a handful of favourite shares. Astra International and its subsidiary United Tractors rose 100 and 200Source: Bridge Info - 1,157 words
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Page 12 Advertisements
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Advertisement6 1992-04-25 12 THE WfffNlNg TEAM classifieds! Call *****46/*****526 words
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Advertisement89 1992-04-25 12 FOR SUCCESSFUL MANAGEMENT OF YOUR BUSINESS Stories on labour and its relationship with management, management concepts in practice, profiles ot leading managers in Singapore and relevant book reviews. ENTERPRISE MANAGEMENT, in Business Times every Monday, is must reading for managers who want t e competitive edge. Plus an occasional look89 words
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TOKYO STOCK EXCHANGE
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Article, Illustration2565 1992-04-25 13 TOKYO stocks bounced back from early losses yesterday to close near their day's highs. Institutional buying and bargain hunting helped propel prices, while hopes linked to the upcoming G-7 meeting cheered sentiment. But arbitrage selling and profit-taking checked gains. The 225-share Nikkei Average was2,565 words
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STOCK EXCHANGE OF HONGKONG
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Article, Illustration2562 1992-04-25 13 AFP, Reuter SHARE prices remained firm on the Hongkong stock market yesterday, following frenzied buying by overseas investors, with the key Hang Seng Index gaining 42.39 points or 0.8 per cent to close at a record high of 5,330.17. The All Ordinaries IndexAFP,; Reuter - 2,562 words
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AUSTRALIAN STOCK EXCHANGE
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Article, Illustration2059 1992-04-25 14 Reuter SHARES in Sydney closed slightly firmer yesterday after a quiet day in which the market consolidated the gains of recent days. After opening strongly, the market eased back as Tokyo's Nikkei index wavered uncertainly. Overseas selling and domestic profit-taking also pegged backReuter; Source: Bridge Info - 2,059 words
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REGIONAL STOCK MARKETS
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Seoul stocks end higher on bargain-hunting
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Article51 1992-04-25 14 INDICES TURNOVER Close Apr 24 Previous NEW ZEALAND NZSE-40 Capital 1,455.29 1,451.40 3.89 MANHA Composite Index Turnover (million pesos) 1.174.68 238.5 1.178.30 552.6 -3.62 -314.1 TAIPEI Weighted Price Index Turnover (NTS billion) 4.480.12 14.27 4.470.31 12.7 +9.81 1.57 SEOUL Composite Stock Index Turnover (billion won) 595.88 466.23 582.87 381.81 13.0151 words
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Article476 1992-04-25 14 SHARE prices in Manila closed mixed yesterday in cautious trade after government statements that rebel army soldiers were not capable of launching a coup ahead of the May 11 national elections. On the Makati exchange nervous investors, encouraged by positive economic indicators, slowly returned to the market. The Manila476 words
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Article357 1992-04-25 14 THE New Zealand share market ended only slightly higher on big turnover yesterday, but flatness in the leaders masked a strong bull run among sec-ond-liners. The NZSE-40 capital index ended 3.89 points higher at 1,455.29 points on turnover of NZ$4l million Tim Snedden of Buttle Wilson said declining357 words
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Article865 1992-04-25 14 ACTIVE bargain-hunting of large capitalised shares lifted Seoul stocks to a higher close in extremely heavy trading yesterday, brokers said. "Speculators tried to propel the prices of big manufacturing and financial shares, which had been laggards," a Daishin Securities broker said. Brokers said the general belief that the market865 words
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Article488 1992-04-25 14 PROFIT-TAKING took prices off their morning peak but the market ended higher yesterday, buoyed by he end of a five-day protest by the political opposition party, brokers said. The weighted index gained 9.81 points to 4,480.12 though it had surged more than 53 points earlier. Turnover was NTS 14.27488 words
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Page 14 Advertisements
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Advertisement24 1992-04-25 14 Brokers at the Bombay Stock Exchange yesterday continued their boycott for the second day in protest against fresh registration with a new watchdog agency.24 words
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WORLD STOCK MARKETS
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NY stocks end mixed in choppy trading
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Article, Illustration1541 1992-04-25 15 NEW YORK stocks closed mixed in heavy but choppy trading on Thursday after computer-guided buy programs helped the market recover from earlier losses tied to weakness in the drug sector and the bond market. The Dow Jones Industrial Average closed 9.84 points higher to 3.348.61. Although the key1,541 words
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Article202 1992-04-25 15 THE Frankfurt stock market marked time on Thursday, as the DAX spot trend index closed at 1,752.44 points, down a mere 0.86 from the Wednesday close. The Commerzbank indicator rose by 1.50 points to finish at 2.014.70. Stocks making good gains included Continental (tyres), which rose by 8.80 marks202 words
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Article95 1992-04-25 15 DUTCH shares closed around the day's highs on Thursday, after a session featuring busy options business and renewed investor interest in recovery stocks. The EOE stock index closed 2.02 points higher at 312.42 points, just off its day's high of 312.53. Options-led interest in transport group Nedlloyd, which on95 words
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Article84 1992-04-25 15 INDICES TURNOVER NEW YORK (lose Previous Apr 23 Dow Jones S& P 500 Turnover (million) 3.***** 411.60 237.94 3.338.77 409 81 218 88 9 84 *1.79 19 06 LONDON Financial Times 30 FTSF. 100 Turnover (million) 2.042.7 2.609.8 611.2 2.0348 2.607 8 607 3 7.9 2.0 3.9 FRANKFURT DAX Index84 words
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Article299 1992-04-25 15 A STRONG performance by industrial groups Fiat and Pirelli stirred the Milan bourse from its slumbers on Thursday, although business remains pretty thin. Inspired by some up-beat comments by the head of Fiat Auto on Wednesday, Fiat Ordinary gained over 3 per cent to close at 4,945 lire, although299 words
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Article372 1992-04-25 15 SWISS shares closed higher in an active Thursday session, despite declines in late trade on the Frankfurt bourse's slide, dealers said. The all-share SPI index closed 2.8 points firmer at 1,163.3 after a day-high at 1.165.9. The SMI index of leading shares, which had risen to 1,886.6. closed at372 words
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Article505 1992-04-25 15 LEADING industrial shares rose sharply on the Johannesburg Stock Exchange on Thursday on what dealers said could be a technical correction. "The market could have been a bit oversold and today's rally could a technical correction," one dealer said. The JSE industrial index, which closed up 27 points at505 words
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Article373 1992-04-25 15 TORONTO stocks rebounded from midday losses to end flat but below morning highs on Thursday, dealers said. Analysts said little news emerged in Canada during the day to divert Toronto from tagging New York. Bank and real estate shares rebounded from recent weakness. "We've been really marking time." said373 words
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Article, Illustration797 1992-04-25 15 LONDON shares flattened out by the close of trading on profit-taking on Thursday, after rising sharply in the morning, on news of the first of an expected round of British takeover bids in the wake of the April 9 election. The FTSE-100 Index closed at 2,609.8, up 2.0 points797 words
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Article136 1992-04-25 15 Paris Apr 23 FFr CORBEILLE Air-Liquide 772.00 6.00 Alcatel Ansthom 634.00 -2.00 Elf-Aquit 381.10 -2.60 Michdin 202.50 +12.2 OFP 113.00 Peugeot SA 742.00 17 Philips (NV Gem) 110.10 2.10 Royal Dutch ***** -l.W CROUP A Nestle *****.00 +270 GROUPB I .atarge 384.70 4- 3.70 CROUPC Shell 255 00 CROUPD Norsk136 words
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Page 15 Advertisements
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Advertisement36 1992-04-25 15 The French, Swedish and Belgian market reports were not available. Don't miss Personal Finance Investment in Business Times every Saturday The T isssss Bp offers lp the most F current |p list ojJob |F opportunities 11136 words
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CURRENCY, MONEY & FUTURES MARKETS
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1173 1992-04-25 16 REPORTS ASIA Tokyo: The dollar closed easier against the mark yesterday and barely changed against the yen after giving up morning gains, dealers said. Activity was subdued ahead of the Group of Seven (G7) meeting in Washington on Sunday. "We1,173 words
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Article390 1992-04-25 16 Cross rates Apr 24 I USS SS MS Dm Yen SFr AS NZS USS 1 6590 2.5380 1.6590 134.80 0.5656 1.5390 1.3210 1.8727 SS 0.6028 1.5298 1 0000 81.2538 0.3409 0.9277 0.7963 1.1288 MS 0.3940 0.65 0.6537 53.1127 0.2229 0.6064 0.5205 0.7378 Dm 0.6028 1.0000 1.5298 81.25390 words
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Article528 1992-04-25 16 Interbank rates ss Bid Offer Overnight 3 1/2 3 5/8 1-month 3 3/16 3 5/16 2-month 3 3/16 3 5/16 3-month 3 1/4 3 3/8 Overnight mode: 3-3/8 LSS Bid Offer 7 days 4 4 1/8 1 month 3 15/16 4 1/16 2 months 4 4 1/8 3528 words
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Article297 1992-04-25 16 Afghanistan's money merchants deal through troubles Reuter KABUL Small-time dealers and big trading houses move US$3 million (Sss million) in foreign currencies daily through Kabul's frenetic money bazaar, keeping one eye on the shifting political landscape outside their tiny marketplace. But dealers said on ThursdayReuter - 297 words
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Article1437 1992-04-25 16 SIMEX EURODOLLAR 95 Open High Lo» Sett Est Vol AO/Vol Op/lnt 95 95 Jun 92 95 83 95 85 95 82 95 85 3700 3512 ***** Sep 92 95.47- 95.48 95.45 95.47 8900 6056 ***** 94 48 Dec 92 94 71 94 76 94.71 94.75 6500 3664 *****1,437 words
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Page 16 Advertisements
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Advertisement7 1992-04-25 16 Advertising Marketing in Business Times every Thursday7 words
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COMMODITIES
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513 1992-04-25 17 Reuter TOKYO Natural rubber prices look set to remain firm this year on technical factors, but the uptrend will be gentle unless global economic growth, especially for tyres, improves strongly, Tokyo traders and analysts say. They said technically, the market has enteredReuter - 513 words
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199 1992-04-25 17 Reuter JOHANNESBURG The South African Sugar Association, which markets the country's production, says it expects losses in the 1992/3 crop due to drought but has taken all necessary steps to satisfy export obligations. "The drought has affected cane crops in almost allReuter - 199 words
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807 1992-04-25 17 REPORTS THE PRICE of tin held unchanged at M$ 14.54 yesterday for the third consecutive day on the Kuala Lumpur Tin Market on continuous short covering. Dealers said the local market trend remained steady on some demand despite the lower London Metal807 words
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Article1468 1992-04-25 17 Rubber Apr 24 MS (teb in halts) S cents/kg Noon Close Int I RSS Prompt 141 75/142.75N 141.75/142 75N Inl I RSS Mav 92 141 75/142.25 141.75/142.25 Inl I RSS June 143.00/143.50 143 00/143.50 I nt 2 RSS OP 141.25/142.25N 141.25/142.25N Int 3 RSS OP 140.75/141.75N 140.75/141.75N Int 41,468 words
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Page 17 Advertisements
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Advertisement685 1992-04-25 17 BUSINESS TIMES Toll free Tel No 737 0043 -Fax No: 734 3688 IN THE MATTER OF THE COMPANIES ACT. CAP. SO AND IN THE MATTER OF UNIJAYA OVERSEAS (PRIVATE) LIMITED lin Mtmotn voluntary Liquidation) NOTICE OF RESOLUTIONS At an Extraordinary General Meeting of the members of UNIJAYA OVERSEAS (PRIVATE) LIMITED685 words
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Advertisement6 1992-04-25 17 Innovation Technology in BT every Tuesday6 words
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390 1992-04-25 18 Group warns of another period of overheating Reuter, UPI BEIJING China's gross national product (GNP) will grow by 9.1 per cent this year, far above the government target of 6 per cent and last year's 7 per cent, economists said. TheReuter,; UPI - 390 words
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413 1992-04-25 18 Reuter HONGKONG Chinas booming southern city of Guangzhou plans to become Asia's fifth "little dragon" within 15 years, five years earlier than the goal set by top leader Deng Xiaoping, Beijing-funded media in Hongkong said yesterday. Guangzhou mayor Li ZiliuReuter - 413 words
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294 1992-04-25 18 AFP BANGKOK The aggressive economic liberalisation policy pushed by Thailand's previous administration could go into reverse under the new government, according to local press reports and analysts yesterday. The liberalisation policy advocated by Prime Minister Anand Panyarachun won praise both hereAFP - 294 words
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241 1992-04-25 18 AFP, Reuter MOSCOW Kazakhstan's President Nursultan Nazarbayev said on Thursday that his faith in the new Commonwealth of Independent States (CIS) was fading and hinted that the five southern former Soviet republics could form their own grouping. Itar-Tass news agency quoted MrAFP,; Reuter - 241 words
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569 1992-04-25 18 Yang Razali Kassim - Senior Minister's visit to Vietnam From Yang Razali Kassim in HANOI HANOI Vietnam's leaders, who have proven tenacious against adversity for 40 years, will win their next war on the economic front. This optimistic assessment was given by visiting Singapore569 words
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176 1992-04-25 18 Bernama KUALA LUMPUR Malaysia recorded a larger trade deficit of M 51.253 billion in February compared with the previous month's deficit of M 5743.9 million. A Statistics Department report said the widening deficit was attributed to an 18.5 per cent drop in the valueBernama - 176 words
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Article, Illustration688 1992-04-25 18 AP LOS ANGELES A Nasa satellite has found huge ripples of matter near the edge of the universe, a momentous discovery that explains how stars and galaxies evolved from the Big Bang that created the cosmos, scientists say. "What we have foundAP - 688 words
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Page 18 Advertisements
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Advertisement169 1992-04-25 18 CHARTPOINT Every Saturday in Business Times APPOINTMENT Moet Hennessy Asia member of the Moet Hennessy Louis Vultton Group Due to the unprecedented success of the Company's products in the Asia Pacific Region, a Regional Logistics Centre has recently been set up in Singapore. A management information system using the IBM169 words
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Advertisement6 1992-04-25 18 CHARTPOINT Every Saturday in Business Times6 words
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Executive Lifestyle
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Article, Illustration1002 1992-04-25 19 Simone Vaz - Women worked at being superhuman in the '80s but found it an uphill battle. Now, men want to give it a try. Simone Vaz assesses if the 'First Sex' has got the right stuff, and also asks if marriage makes a person grow up Simone VazPosed photo taken by Chris Loh - 1,002 words
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Article655 1992-04-25 19 IT IS SAID that marriage can make or break you. And for people who get married and find that it doesn't work out, it could be a case of two people who just weren't ready to make the commitment. "It certainly makes life different," remarked one655 words
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STRAWS IN THE WIND
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Article78 1992-04-25 19 THREE hundred employees of American multinational company 3M went all out to pledge its commitment to conserving the environment last week by standing together to a human alphabet 4 E' for 'environment'. But while they may be concerned, 3M's public relations company could do with some reminders.78 words
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Article20 1992-04-25 19 THERE'S a pub at the new Bugis Street called SEaMEN PUB. It certainly opens itself up to interpretation.20 words
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Article33 1992-04-25 19 SPOTTED: a Public Service Commission ad looking for a "student interpreter". We know that teachers have problems trying to make their kids understand them, but is this going a bit far?33 words
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Article38 1992-04-25 19 AMERICAN Express put out a full page ad in Time magazine with a picture of Sophia Loren that goes: "Sophia Loren. Cardmember since 1991." Big deal. So was she using Mastercard for the past two decades?38 words
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Article35 1992-04-25 19 YOU've heard of NTUC's old supermarket Welcome, and its Comfort taxi service. The latest we've heard is that it is going into the embalming business. One wit suggested that it be called Farewell.35 words
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OPINIONS
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Article, Illustration994 1992-04-25 20 Tye Kim Khiat - The recent maid levy hike has prompted Tye Kim Khiat to write about his own experience with domestic help Tye Kim Khiat The writer is a Melbourne-based journalist who contributes to BT IS THERE life after the maids are gone? 1 believe few Singaporeans994 words
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Article449 1992-04-25 20 S B Soh - LETTERS TO THE EDITOR S B Soh THE Hock Lock Siew column (BT, April 11/12) on Leader Universale voluntary takeover ofFer for Federal Cables highlights the dilemma which most shareholders find themselves in to accept the offer or to stick with the company. The problem seems to449 words
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244 1992-04-25 20 Chua Cheh Hiang (Miss - Chua Cheh Hiang (Miss) Assistant Director (Public Relations) For Permanent Secretary (Communications) Ministry of Communications I REFER to PK Loh's letter "Revalidating old vehicles Why their COEs should be paid for a shorter period" (BT, April 18/19). Shorter Periods for Revalidation. Existing vehicle owners244 words
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Article191 1992-04-25 20 Henry Tan - Henry Tan IN ANY stock market, healthy speculation adds to its attractiveness. This sounds contradictory but any practitioner in the market will confirm that if there is no speculation and/or active trading, the man-in-the-street and high net worth individuals would not find the stock market an191 words
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Article949 1992-04-25 20 Anna Teo - Anna Teo contemplates the lot of the Singapore soccer pro Anna Teo The writer is a BT journalist Football is not a topic you would expect to find discussed on this page; it doesn't usually find much space even in our sports section a few turns949 words
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PROFILE
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Article, Illustration1349 1992-04-25 21 Yang Razali Kassim - Thinker, scholar and hatchet man of Suharto's New Order. This is how Jusuf Wanandi has variously been described. Yang Razali Kassim meets the dynamic 54-year-old Indonesian whose reputation for bluntness has made him one of the most-quoted non-political individuals in the region f CONVERSATIONS RAFFfFS1,349 words
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Article581 1992-04-25 21 JUSUF WANANDI has this nagging fear that the proposed Asean Free Trade Area (Afta) will not take off as planned if leadership in Asean goes through too fundamental a change. As he sees it, leadership change in two countries in particular Thailand and Indonesia will581 words
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Article643 1992-04-25 21 Wanandi on the 'arrogant way' in which Singaporeans sometimes view the world DONT SHOUT too hard on the Singapore side as if "this is for Indonesia, this is for Indonesia", said Jusuf Wanandi. "Bullshit!" His words cut across the tearoom at Raffles like a flying keris. Jusuf643 words
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Article, Illustration652 1992-04-25 22 Santosh Basak - Santosh Basak on the career of Oscar-winning film-maker Satyajit Ray Santosh Basak AP SATYAJIT RAY, the Oscarwinning film-maker whose tales of life in dirt-poor Bengal drew worldwide acclaim, has died at the age of 70. He died on Thursday in Calcutta's Belle Vue hospital, whereAP - 652 words
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LIFESTYLE
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Article751 1992-04-25 23 NK Yong - Too much wine harms the body. But short of falling off his seat, how is the wine lover to tell when to stop? WINE By NK Yong IN THE late *****, a young psychiatrist colleague wanted my opinion on his proposed Doctorate thesis on "Effect of751 words
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511 1992-04-25 23 Michael B McGannon - By Dr Michael B McGannon The writer is a Stanford University-trained doctor who is the medical director oj Insead Business-Health course, which is also offered here. He welcomes queries from readers. Write to him do Executive Lifestyle. Business Times. 390 Kim Seng Road.511 words
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Article, Illustration206 1992-04-25 23 Sybil Holloway - BRIDGE By Sybil Holloway IN this last article on the Sunday Times/The Macallan Malt International Bridge Pairs Championship 1992, we see Hamman and Wolff of the United States having a massive set of boards on Viewgraph against the Dutch which ended in the formidable pair scoring206 words
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PEOPLE
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Article, Illustration114 1992-04-25 23 FILM magnate Shaw Vee Meng was paid due tribute the other day by Brigadier-General (Res) George Yeo, Minister for Information and the Arts. At the National Museum, which has amassed for itself a tidy collection of Chinese ceramics over the years with grants from the Shaw Foundation,Photos by Chris boh - 114 words
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Article, Illustration167 1992-04-25 23 IT WAS truly an international group of bankers that arranged the US$3O million (5549.5 million) deal for Korea International Merchant Bank. The arrangers were Bayerische Landesbank Girozentrale. DBS Bank and KDB International. Mr Choi Seung-Nak, president of Korea International Merchant Bank, flew to Singapore specially167 words
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PURSUITS 1
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Article, Illustration621 1992-04-25 24 Jaime Ee - Shining Through is proof that good acting can turn a B-grade story into a delightful movie. Jaime Ee watches how Melanie Griffith and Michael Douglas add class to the simplistic plot Jaime Ee SO YOU just missed secretary's week. You forgot to send her flowers, and621 words
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Article, Illustration745 1992-04-25 24 RINGO LIEW - CD Review By RINGO LIEW BRUCE SPRINGSTEEN: Human Touch, Lucky Town > Since retreating from gritty New Jersey to the well-heeled seclusion of the Hollywood hills several years ago, Bruce Springsteen has seen his marriage dissolve, his new companion bear him children'and his band break up.745 words
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Article, Illustration621 1992-04-25 24 Jaime Ee - Johnny's all ready to tie the knot, but Frankie isn't. And she sure takes her time about saying yes. Jaime Ee counsels patience when watching this movie Jaime Ee THIS is dating. '90s style. GUY: I want to go out with vou. GIRL: No. GUY: I621 words
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Article, Illustration543 1992-04-25 24 Nirmal Ghosh - The year is 2009 and Nirmal Ghosh is given a guided tour of a very nasty New York in Freejack Nirmal Ghosh ANY MOVIE which portrays a future world of murder, mayhem, confusion and general dissipation has to be set in New York, right?543 words
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Article, Illustration572 1992-04-25 25 Sylvia Wong - Shopaholics searching desperately for something different to buy need look no further than North Bridge Road. Sylvia Wong surveys the unusual items on sale at the TDB's Design Centre Sylvia Wong SHOP! SHOPAHOLICS Anonymous reports that those who pound the shops eonstantly in search of something new— SHOP! - 572 words
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Article, Illustration526 1992-04-25 25 Susan Tsang - When medical men take to painting, what subjects do they pick? Susan Tsang reviews a charity exhibition by Sir Roy Calne and Dr Earl Lu Susan Tsang IN A charity exhibition. Sir Roy Calne, a pioneer of liver transplantation, and Dr Earl Lu, a526 words
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PERSONAL FINANCE & INVESTMENT 1
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2236 1992-04-25 26 Magdalene Ng - Should investors plump for Malaysian stocks or stay with Singapore stocks? Magdalene Ng finds out Magdalene Ng Malaysian stocks are looking cheap. But Singapore stocks are even more attractive. And when foreign fund managers whose absence was sorely felt in the two markets2,236 words
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485 1992-04-25 26 S N Vasuki - A recent survey of American institutional investors shows that most are upbeat about the US economic recovery. S N Vasuki reports S N Vasuki JUST when you thought that American shares were terribly overpriced and a stock market crash was inevitable, American institutional485 words
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Article, Illustration541 1992-04-25 26 Goh Hiang Fong - CHART By Goh Hiang Fong SINGAPORE investors are looking on in wopder as the Hongkong market continues to reach new highs, questioning when they will see the same level of activity here. There is a definite lack of commitment from international investors to the541 words
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Article, Illustration1126 1992-04-25 27 Amy Balan - Leaving all that money locked up and untouched will not give you the best yield for a savings scheme that must see you through your retirement, says Amy Balan Amy Balan A FORMER expatriate colleague had a secret weapon to deal with the blues1,126 words
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545 1992-04-25 27 Magdalene Ng - The investment vehicle is gaining popularity in the region. Magdalene Ng explains how these trusts work. Magdalene Ng YOU want to invest in a fund. The public ones like DBS Shenton Growth Fund and OCBC Savers Global Fund don't interest you, and545 words
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SPORTS
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SIDE LINES
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79 1992-04-25 28 PARIS American Orlando Canizales on Thursday retained the International Boxing Federation bantamweight crown for the ninth time when he gained a unanimous 12-round decision over Francisco Alvarez of Colombia. The ninth successful defence in a row equalled the record in the bantamweight division79 words
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Article78 1992-04-25 28 NEW YORK Major League baseball's ownership committee is to meet next Thursday in Chicago to discuss the proposed sale of the Seattle Mariners to a Japanese-led investment group. On April 3, the investment group signed a provisional contract with Mariners owner Jeff Smulyan to78 words
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Article95 1992-04-25 28 KIN ARES, Spain Nigel Short of Britain beat Russian Anatoly Karpov here on Thursday to open up a one-point lead with just two matches to play in the world chess championship candidates' semifinal. Karpov, facing mate, resigned on the 36th move. Short, playing with the95 words
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Article72 1992-04-25 28 TOKYO The Japan Sumo Association warned US giant sumo wrestler Konishiki on Thursday against making careless comments" after two newspapers quoted Konishiki as contending racism blocked his promotion to the ancient sport's highest rank. Konishiki maintained he did not have a telephone interview with the New72 words
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Article79 1992-04-25 28 ROME Italian footballers have withdrawn a threat to strike this weekend over plans to allow clubs to sign an unlimited number of EC players from next year. Sergio Campana, the president of the Italian players union, said he had reached agreement with football Federation president Antonio79 words
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Article80 1992-04-25 28 LONDON Fresh off his second-round knockout of Mi-ami-based Cuban Jose Ribalta, British heavyweight boxer Frank Bruno said on Thursday he is working for a chance at world champion Evander Holyfield. Bruno's punching power demolished the experienced Ribalta at Wembley Arena on Wednesday and promoter Mickey Duff80 words
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Article, Illustration621 1992-04-25 28 America's Cup Reuter SAN DIEGO, California Dennis Conner, the wily fox of ocean racing, showed all his cunning as he roared back to beat rival Bill Koch in the fourth race of the America's Cup defender finals on Thursday. Victory was sweet forReuter - 621 words
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Article, Illustration359 1992-04-25 28 AP AUSTIN, Texas The team of Bobby Nichols and J C Snead shot an 11-under-par 61 to share the first-round lead with Chi Chi Rodriguez and Dave Hill in the Legends of Golf team competition on Thursday. Three teams were at 10underAP - 359 words
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298 1992-04-25 28 AP GREENSBORO. North Carolina The undeclared duel between Davis Love 111 and Fred Couples played second lead on Thursday to the cast of players fighting for first place in the Greater Greensboro Open. Grabbing shares of the spotlight with 5-underAP - 298 words
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Article, Illustration495 1992-04-25 28 AP MONTE CARLO, Monaco Boris Becker knows his time is coming. It may not be on the clay courts of Roland Garros Stadium in Paris. There is always the grass of the All England Club. Wimbledon, ah yes, Wimbledon. Becker has made the final thereAP - 495 words
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Article, Illustration722 1992-04-25 28 Reuter BRIDGETOWN South Africa's cricket tour of West Indies has been hailed as the dawn of a "new era" despite the team's extraordinary collapse in their first official test match for 22 years. As the cricket world digested details of West Indies' 52-runReuter - 722 words
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Article1143 1992-04-25 29 City Flight ETA Flight ETD City Flight EU Flight ETD MH642 1220 SO 106 1045 AhuMahi GA971 1035 GA976 0145 S0107 1305 SQ108 1145 6A890 0'50 i§!59 1405 MH641 1315 OF8 2010 QF82 2115 MH609 1450 MH6I0 1410 SQ227 2130 MH61I 1605 SQUO 1445 cA-iiq Qj1,143 words
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THE TRAVEL PAGE
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Article, Illustration596 1992-04-25 29 Feizal Samath - LETTER FROM SRI LANKA By Feizal Samath A JOURNEY to Sri Lanka's northern rcbel-controllcd town of Jaffna requires travel by motorcycle, boat and bicycle on jungle tracks and across a muddy lagoon and a sense of humour. Between 3,000 to 4,000 people travel this route596 words
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Article151 1992-04-25 29 As at 3pm yesterday: Ixical dollars to one unit of foreign currency Currencies Bid Offer Australian dollar 1.2485 1.2585 Canadian dollar 1.3850 1.3950 NZ dollar 0.8765 0.9065 Sterling pound 2.9160 2.9260 US dollar 1.6515 1.6615 Local dollars to 100 units of foreign currency Austrian schilling 14.05151 words
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Article38 1992-04-25 29 Duration Title Venue Organic Tel April-Ma) International Fair Buenos Aires. Interexpo 541-*****1 on Construction Argentina Sudamericana Materials SA Technology Duration Title Venue Organiser Tel Ma> 20-27 Budapest Buenos Aires. HUNGF.XPO 54-1/*****50 International Argentina Fair ————i38 words
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TIME OFF
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Article222 1992-04-25 30 SSO's Music ft Literature I Series: Romeo and Juliet Conductor Choo Hoey. Introductory lecture by Dr Rajeer S Patke. The Singapore Symphony Orchestra's programme offers a chance to compare two very different reactions to Romeo and Juliet. Venue: Victoria Concert Hall. Today. 8.15pm. For students only. Trio 'All' Armi'222 words
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Article, Illustration272 1992-04-25 30 Yasotha M - Compiled by Yasotha M 18th Century Prints by William Hogarth 18th century engravings by William Hogarth, England's most celebrated artist, will be on display. Venue: Antiques of the Orient. #02-40. Tanglin Shopping Centre. Apr 24 to May 17. 10.00am-6.15pm (Mon-Sat). 10.30am-spm. 2nd Asean Travelling Exhibition Featuring some 420 works272 words
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Article, Illustration568 1992-04-25 30 At Play In The Fields Of The Lord. Hector Babenco directs i this long-drawn out movie I about an American Indian who assimilates himself into an Amazonian tribe. R(A). Midnight tonight at Jade I and Chinatown 2. Cape Fear. Martin Scorsese directs Robert De Niro in this powerful thriller568 words
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Page 19 Advertisements
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Advertisement168 1992-04-25 19 WML f Tkere .Are Tkoae Wko Recognise Tke Craft Of Gerald Genla. AnJ Tliere .Are Those ko (an .Also Afford H. The watchmaking genius (A GenJd GenU is encased in every timepiece Ke designs. Each is a treasure. And each carries his name to hear testimony of his art. o168 words
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Page 20 Advertisements
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Advertisement308 1992-04-25 20 T See The Great Wall of China In Singapore! And view more than 800 paintings at the Exhibition of Paintings and Calligraphy for the Restoration of The Great Wall of China. Yes, come and see the authentic piece of brick from The Great Wall itself. And appreciate the fine works308 words
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Advertisement131 1992-04-25 20 v BT welcomes letters from you. Please send them to: The Editor, Business Tunes, 390 Kim Seng Road, li S'pore 0923. Letters should include your contact numbers. X Professional Nominee, Full Accounting and Administration ervices available at reasonable cost. Ready made Campaniet availabl U.S s BAHAMAS 900 8.V.1 950 COOK131 words
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Page 22 Advertisements
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Advertisement638 1992-04-25 22 M Nothing Beats A Bud. B OF >ffll BB Bi TO genuine penang fare LET OUR PENANG CHEF INTRODUCE HER NEW RECIPES AT THE NEWLY RENOVATED PRINCESS TCRRACE CAFE THE PLACE FOR AUTHENTIC PENANG SPECIALITIES. A RENDEZVOUS FOR FINE MEALS AT CAFE PRICES. OR LIGHT SNACKS WITH GOOD FRIENDS. wL638 words
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Advertisement190 1992-04-25 22 WHERE TO WINE, DINE 1-30 APRIL At our International Buffet, you can treat your palate to superb fare from exotic regions all over the world in the spaciousness of our fully-renovated Cafe PlazaAdult: $16++ (Lunch) $18++ (Dinner)* Child: $10++ (Lunch Dinner) Menu changes rerularly. PLAZA HOTEL Inclusive of chilud juices190 words
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Advertisement337 1992-04-25 22 Now You've Got 10 Good Reasons To I Take Her To The Mandarin Singapore- I Secretaries' Week Lunch at Pine Court I April 20 25 1992 $60+ for 2 persons I Lunch at The Stable* $128++ for 4 persons I Fashion Show at 1.15 p.m. $188+ for 6 persons^^^^Hggfl|^E|^= I337 words
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Page 23 Advertisements
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Advertisement197 1992-04-25 23 AND ENTERTAIN In the month of April, a fashion extravaganza awaits you at the Fountain Lounge: April .4 Johnson L Levee Boutique April 11 Eunice Creations April 18 La Femme Fatale Boutique April 25 Sunny Grace Enjoy a leisurely Saturday afternoon tucking into delicate French pastries, dianxin and sandwiches and197 words
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Page 27 Advertisements
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Advertisement217 1992-04-25 27 BANKING, FINANCE AND INSURANCE SUPPLEMENT 1998 A special Business Times Survey May 4,1998 The theme for this year's supplement Is "Managing the Tiger" which focuses on thfl tremendous growth achieved in recent years by Asia's banking and finance industry and the constraints faced by the region's regulators to encourage growth217 words
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Advertisement99 1992-04-25 27 EXPRESS SHARE LOAN Turn yourshar^/^^^^^^ instantly at Get cash on the spot for your shares for 1,2 or 3 months at 1% per month. Scrlpless counters are also acceptable. Flat (discounted) For more information, call our toll-free numbers. Hong Leong Finance 223 0936 Singapore Finance 226 3393 HOM UONB nMNB99 words
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Page 29 Advertisements
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Advertisement41 1992-04-25 29 Discover the lengths Finnair go for just one price. A superb twice-weekly service from Singapore direct to Helsinki and daily connections to over 36 European destinations- all for one price. Call *****77 for details. We know Europe from start to Flnmrii.41 words
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Advertisement25 1992-04-25 29 Difficulty in getting a copy of Her World, Go, Singapore Business, Home Decor, Young Parents 9 Call our Hotline 749-2577 tor locations of nearest newsstands.25 words
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Advertisement17 1992-04-25 29 5 I;? S 1 X X V' ?S, S f| > the NEW, NEWS, NEWSY \V^ r I17 words
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Page 29 Miscellaneous
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Miscellaneous181 1992-04-25 29 warm (6) bishop going into a small LnJ Lhm 27 An attorney and I go jound in a slow movement < 6 > 2& Trustworthy Ali was upset. Zambian capital's prison does it without difficulty taken in by an awful rebel (8) (6) ,8) 7 a e hC YESTERDArS SOLUTION181 words
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Miscellaneous163 1992-04-25 29 Singapore Outlook: Showers over several treas in the afternoon. Report: Maximum temperature 34.1 Assoc humidity 50% Minimum temperature 25.7 Assoc humidity 97% Hours of sunshine 9.45 Rainfall in mm Nil Rainfall this month 136.3 Rainy days this month.. 9 World forecast Asia-Pacific Hi/Lo* Cond. Auckland 16/04 Gear Bangkok 38/28 Clear163 words
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Miscellaneous33 1992-04-25 29 iiiIUiE.Wb'BWSWH uneN the. up*nds f gulp 1 l Icteg^L^gJ €i£crtp orno"rvte,corrn-iGE. 2 V V or twe CHESTER R=.fifcY I \Qjpm You tus 9 SfWTS P*P SOORL cms.. 7 y ASSOCIATED NEWSPAPERS LTO IH3-11833 words
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Page 30 Miscellaneous
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Miscellaneous1502 1992-04-25 30 TODAY'S TV 2.00 Malay Drama. fffSH SBCS Malaysia Indah. Sabah Indah. 4.00 Aneka Hi bo ran. Arte Hanggara, 3.40pm, SBC 5 Gourmet: Earthy 900 vTndthc 5.00 Cdah When a breaks Cooking, down, can have devastating t°° n o*3o Religious Special. f^ C asa F SLnuuS iS IS aST" n.«m »•sisrtb-,-,M--lather1,502 words
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Miscellaneous654 1992-04-25 30 Mane (The House), Hon, pay for his new digs by inves--10.30pm, SBC 12 tigating the death of a real Launch of a mm,-festival of estate developer Bruce Dem Indian movies developed by j> nd Catherine Oxenberg help the national Film Develop- him. ment Corporation. This mov- p resu med Guilty,654 words
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