The Business Times, 18 July 1992
1992-07-18
1
32
https://www.nlb.gov.sg
https://eresources.nlb.gov.sg/newspapers/browse/biztimes
The Business Times
-
Title Section17 1992-07-18 1 Business Times MITA (P) 35/12/91 Weekend Edition, July 18-19 1992 THE BUSINESS PAPER FOR S-E ASIA- 75*17 words
-
NEWS & MARKETS SUMMARY
-
Article31 1992-07-18 1 WALL STREET headed lower yesterday morning. The Dow Jones average dropped 17.83 points to 3,343.80 in the first hour of trading. The UK midday market report was not available.31 words
-
44 1992-07-18 1 TOKYO EIE International Corp, a troubled resort development firm based in Tokyo, has asked its five main banks for a deferral of interest payments on approximately 740 billion yen in outstanding loans, a company spokesman said yesterday.44 words
-
32 1992-07-18 1 PRAGUE President Vaclav Havel announced yesterday that he would step down on Monday as head of the disintegrating Czechoslovak federation as the Slovak parliament proclaimed Slovakia's sovereignty.32 words
-
Article37 1992-07-18 1 EFFORTS to jump-start the Gatt talks were still potentially biased against smaller economies, said Indonesia's ambassador to the General Agreement on Tariffs and Trade at a Pacific Economic Co-opera-tion Council forum Piqge 237 words
-
Article34 1992-07-18 1 CASINO developer Genting Bhd's acquisition of a small stake in Lonrho pic has sparked talk that the Malaysian company may launch a bid on the international trading conglomerate. Page 334 words
-
Article45 1992-07-18 1 CK TANG will introduce a new concept store at Scotts Shopping Centre next year. The store will have its own name and its merchandise will be aimed at the middle of the market, said managing director Tang Wee Sung. Page 345 words
-
Article34 1992-07-18 1 UNDER a new law on direct selling which comes into force early next year, firms in Malaysia undertaking direct selling and mail order delivery will need special licences. Page 634 words
-
Article, Illustration29 1992-07-18 1 Friday Change BT-MGA 703.41 -5.15 Kuala Lumpur ....605.33 -6.41 Tokyo 16,548.07 -439.59 Hongkong 6,128.06 -34.47 Sydney 1,629.51 -9.7 IlMnday Change New York 3,361.63 +16.21 London 1,890.8 -5.429 words
-
Article20 1992-07-18 1 USS s$ 1.6100 100 Yen S$ 1.2849 MS SS 0.6448 HtoMy MarlMt rates Overnight 2-1/4 -1 3-montn 2-3/8 unch20 words
-
Article35 1992-07-18 1 LmmIM CMd AM fix US$352.65 US$0.50 SSSeAug. 143 '/kg +0.50 VTsia Aug 221 */kg unch KL Tin Turnover 42 tonnes -8 Spot M$16.84/kg -0.17 Cra* pain 41 Turnover I,l52k*s -48 At« MS872 /tonne +535 words
-
-
Article, Illustration493 1992-07-18 1 Lilian Ang - Van Ommeren may also join Karimun oil terminal project By Lilian Ang SINGAPORE Listed Sembawang group has roped in two foreign governmentbacked corporations for a $SOO-million oil terminal it is planning on Karimun Island, part of Indonesia's Riau Archipelago. Several other parties are493 words
-
Article438 1992-07-18 1 Amy Balan, Soh Tiang Keng - STD slips 11 points after Bundesbank rate hike By Amy Balan, Soh Tiang Keng SINGAPORE Even as the Singapore money market was shrugging off the three-quarter point hike in the German discount rate, DBS Bank yesterday announced a surprise quarterpoint cut in its prime438 words
-
321 1992-07-18 1 Reuter JAKARTA The Jakarta Stock Exchange has framed new rules to attract foreign and local investors and aid the market's climb out of two years in the doldrums, brokers said yesterday. From Monday, rights issues can be traded in the offering period.Reuter - 321 words
-
496 1992-07-18 1 Sylvia Wong - The most upbeat: excess of 5.4 m sq ft in 1995 By Sylvia Wong SINGAPORE Property consultants have disputed the projections done by the Urban Redevelopment Authority on the potential supply of office space between now and 1995, saying the expected glut has496 words
-
Page 1 Advertisements
-
Advertisement73 1992-07-18 1 Nikon COVER fcrcraft Schedule EL 11 Commodfces 19 Company New M Cryptc Crossword EL 11 Futures t Options 18 mtertMt Foce» Rites II KLa 13 Many Chonpr Rites EL 11 Money Market IS RUofltfNm 8 Nnontf stock Markets IS STT. ftp n Fort EL 10 ft Rafto EL 12 |M73 words
-
Advertisement7 1992-07-18 1 OPINIONS Let international standards prevail el 27 words
-
Advertisement8 1992-07-18 1 VIEWPOINT Dennis Bloodworth: observer in residence el 38 words
-
Advertisement247 1992-07-18 1 LIFESTYLE National Day jewellery els Recognising a good wine els The movement of a watch is dust, dirt and water. It provides Rdlex 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. the247 words
-
Advertisement72 1992-07-18 1 mam ipuicsMli ifome^rown art el 7 Nightmare nanny el 7 0 Kohl against Bundesbank move, Pg 7 •A breath of fresh air for UK economy, Pg 7 A__ Clinton: Til make Hock Lock Bush i° b,ess Siew: Does BackPaEC ore nAA j h&Y 42| m Perot's dropout a boost neea72 words
-
Advertisement10 1992-07-18 1 FINANCE China: bnd erf opportunity for the savvy investor els10 words
-
-
PAGE 2 NEWS
-
Article, Illustration297 1992-07-18 2 Nirmal Ghosh - From Nirmal Ghosh in KUALA TRENGGANU MALAYSIAN Prime Minister Mahathir Mohamad has said that emotion should be kept out of issues between Singapore and Malaysia. Speaking on Thursday during a visit to Pulau Redang, off the coast of Trengganu, he said the Singapore297 words
-
324 1992-07-18 2 SINGAPORE Deng Hong, the daughter of Chinese paramount leader Deng Xiaoping, is a hot commodity in China these days. Conflicting rumours have it that she is tipped to be the next mayor or a senior official of either Xiamen City324 words
-
433 1992-07-18 2 Reuter BEIJING China has made a major concession to the US on opening its markets by promising to make its complicated web of secret trade laws and regulations transparent, a US trade official said yesterday. "The Chinese have agreed that they wouldReuter - 433 words
-
Article, Illustration44 1992-07-18 2 BEIJING Policemen reporting a crime by walkie-talkie underneath a giant billboard advertising the movie The story of Moo Zedong yesterday. Such tributes to the late founder of the People's Republic are common this year, the 100 th anniversary of hfa birth.44 words
-
Article, Illustration325 1992-07-18 2 Chuang Peck Ming - By Chuang Peck Ming SINGAPORE Foreign Affairs Minister Wong Kan Seng will attend the 2Sth Asean Ministerial Meeting in Manila next week, the, government announced yesterday. After the two-day ministerial meeting, starting on Tuesday, Mr Wong and his Asean colleagues will meet the325 words
-
525 1992-07-18 2 Reuter WASHINGTON Global trade reforms the United States hat sought for six years are all but dead for now and it is doubtful if they will even be achieved next year, anar lysts say. President George Bush and the European CommunityReuter - 525 words
-
506 1992-07-18 2 Kenneth James - Pacific Economic Cooperation Council forum Raptrts from Kenneth James in BATAM THREE DAYS and some two dozen carefullyresearched papers later, more than 100 trade and investment specialists meeting here have found they are still playing a catching-up game as new issues like the506 words
-
329 1992-07-18 2 THE EXPERTS agreed on one key point: the stalled Uruguay Roand trade talks cannot be allowed to fail. Bat beneath this broad consensus that failure was unaffordaMe, there was plenty of plain talk underlining the worries of the smaller economies, pvtkdarly those who329 words
-
-
Page 2 Advertisements
-
Advertisement119 1992-07-18 2 near Pengerang Ferry 40 min from Changi Point terminal by launch. Also proposed hotel/resort chalet. Very close to Desaru Golf Resort/Pengerang Resort/Belungkor Development/Sebana Cove. Land area around 230 acres. Asking M 560,000 per acre. Valuation and Feasibility Reports available. Land is also suitable for Hotel, holiday bungalows, retirement homes, health119 words
-
Advertisement9 1992-07-18 2 The Straits Times Weekly Overseas Edition HOME BROUGHT CLOSER9 words
-
Advertisement75 1992-07-18 2 FOR SUCCESSFUL MANAGEMENT OF YOUR BUSINESS Stories on labour and its relationship with management, management concepts in practice, profiles of leading managers in Singapore and 1 I J relevant book reviews. w y ENTERPRISE A MANAGEMENT, in Business Times every Monday, is must it reading for managers who want the75 words
-
-
COMPANY NEWS 1
-
Article, Illustration474 1992-07-18 3 Leslie Lopez - But official says 3.04 pc stake is purely an investment From Leslie Lopez in KUALA LUMPUR CASINO developer Genting Bhd's acquisition of a small stake in international trading conglomerate Lonrho pic has sparked talk that the Malaysian company may launch a bid for474 words
-
Article, Illustration408 1992-07-18 3 Sybil Wong - By Sybil Wong SINGAPORE CK Tang Ltd is striking out in new directions despite soft retail market conditions. It hopes to tease the jaded palates of local shoppers with a new concept store that will open in Scotts Shopping Centre408 words
-
193 1992-07-18 3 SINGAPORE A subsidiary of Cerebos Pacific Ltd has teamed up with a USbased company to expand in Australia's food ingredients market. Solutech Foods Pte Ltd, Cerebos' food ingredients unit in Sydney, and DCA Food Industries Inc yesterday signed a joint-venture agreement creating Solutech-DCA Food Industries.193 words
-
557 1992-07-18 3 Conrad Raj - THE HOCK LOCK SIEW COLUMN One market will remove misconceptions about Sesdaq stocks By Conrad Raj SINGAPORE After more than five years, many investors still wonder if there is a need for a second board in the Singapore stock market. While557 words
-
520 1992-07-18 3 Shoeb Kagda - By Shoeb Kagda SINGAPORE Resourcebased Mega First Corporation Bhd intends to expand into the plantation sector to broaden its business base, said its managing director Lim Keng Kay. Already a substantial player in the oleochemical industry through its subsidiary Palmco Holdings Bhd,520 words
-
COMPANY BRIEFS
-
146 1992-07-18 3 SINGAPORE Foreign ownership of Overseas Union Bank Ltd has continued to inch up. An OUB statement yesterday said the percentage of foreign shareholding in the company as of July 15 was about 39.46 per cent. This is based on an enlarged capital comprising146 words
-
Article59 1992-07-18 3 SINGAPORE Asean Fund Ltd yesterday announced that Mr Shahid Mirza had resigned as director on June 20. He is replaced by Mr Tay Kah Chye, who is also president and chief executive officer of Asean Finance Corporation Ltd. He also holds directorships in AFL Asset Management59 words
-
Article46 1992-07-18 3 SINGAPORE Jurong Cement Ltd has appointed Mr Tan Sek Tim as its information technology and business planning manager from July 1. His job includes the development of long term strategic plans and the design of an accounting and management reporting programme.46 words
-
Article99 1992-07-18 3 SINGAPORE Sime Singapore (Ltd) has unveiled a list of directors for Amston Equipment Pte Ltd, a company which makes industrial filter presses. Sime acquired the-, entire issued capital of Amston earlier this month for 1 million. Amston's directors are Messrs Abdul Shukor Na- gor, Lai99 words
-
Article77 1992-07-18 3 SINGAPORE Companies associated with MND Hold-, ings Pte Ltd have purchased 25,000 shares in Tat Lee Bank Ltd for $78,391. MND now holds 22.99 million Tat Lee shares, representing 13.3 per cent of its issued capital. DBS Asset Management Ltd also bought 18,000 Tat77 words
-
-
COMPANY BRIEFS
-
102 1992-07-18 4 BANGKOK A leading hotel management chain here is keen to extend its business to south China which is expecting a tourism boom in the near future. Sangvorn Santisuk, spokesman of Dusit Thani Group, said negotiations were under way with Chinese authorities on102 words
-
Article77 1992-07-18 4 New York Philip Morris Cos said on Thursday that net income rose 20 per cent in the second quarter. Net income for the international food and tobacco concern rose to US$l.35 billion (552.2 billion), or US$l.4B a share, from US$l.l3 billion, or US$l.22 a share,77 words
-
Article, Illustration32 1992-07-18 4 LONDON Daily Mirror "agony aunt" Majory Proops with former Mirror editor Roy Greenslade outside the QEII Centre before the start of the Mirror Group's annual general meeting on Thursday.32 words
-
Article75 1992-07-18 4 CHICAGO Caterpillar, the world's largest maker of earth-moving equipment, suffered a second-quarter loss of US$53 million (5585.8 million), or 52 cents per share. The group was hit by a drop in sales and the effects of a prolonged strike. The poor results for the period75 words
-
Article79 1992-07-18 4 TOKYO Sanyo Electric, a major Japanese consumer electronics maker, reported a drop of 52.6 per cent in current profit for the first half of its 1992 fiscal year, which ended on May 31. Profits fell due to increased operating costs, rising research and development expenditures and79 words
-
-
Article, Illustration610 1992-07-18 4 Retirement of computer legend Kenneth Olsen surprises Wall Street NYT MAYNARD, Massachusetts Top-leveL changes at computer giants Digital Equipment Corp and Hew-lett-Packard Corp could herald a new era for these companies. At Digital, founder president and computer industry legend Kenneth Olsen saidNYT - 610 words
-
383 1992-07-18 4 NYT NEW YORK AT&T, the world's largest telecommunications company, reported on Thursday that net income in the second quarter grew a scant 3.6 per cent, to US$96l million (551.55 billion), while revenue rose less than one per cent, to U5515.85 billion. American Telephone Telegraph CoNYT - 383 words
-
271 1992-07-18 4 Reuter NEW YORK Media giant Time Warner Inc reported improved operating income at all five of its divisions on Thursday and announced a 12 per cent increase in its stock dividend. Time Warner posted a US$9 million (5514.5 million) net profitReuter - 271 words
-
392 1992-07-18 4 Claire Leow - By Claire Leow SINGAPORE Apple Computer of California yesterday reported strong third--quarter sales and profits, with significant input from its plant here which makes one of its best-selling lines. The personal computer maker chalked up net earnings of US$l32 million (SS2I3 million) for the third392 words
-
646 1992-07-18 4 MARKET TALK Reuter SYDNEY After two years of enforced belt-tightening corporate Australia is emerging from the recession leaner and primed for a surge in profits, market analysts said. "Most of the companies have cut right back to the bone, they areReuter - 646 words
-
-
Page 3 Advertisements
-
Advertisement180 1992-07-18 3 S'pore still depressed 9 Thai stocks surge 14 Tokyo sharply lower 15 PERSONAL INVESTING te FINANCE gTTPPT.munnurr >98 A Special Business Times Survey July S3, 199 3 Bank deposit rates have plunged, to one of their lowest levels. Banks and finance companies In Singapore are paying peanuts for such deposits;180 words
-
Page 4 Advertisements
-
Advertisement140 1992-07-18 4 REACH OUT ACROSS THE NATION WITH OUR 27th NffTIONAL DW FEATURES PUBLISHED EXCLUSIVELY BY SPITS GROUP OF NEWSPAPERS From August 7-9,1992, the SPH of newspapers The Sunday Times, Lianhe Zaobao, Lianhe Wanbao, Shin Min y Daily News and Berita Minggu will be L. publishing special NATIONAL DAY Hk FEATURES. We140 words
-
-
FINANCIAL NEWS
-
400 1992-07-18 5 Credit standards, asset requirements lowered Bloomberg TOKYO Japan's Finance Ministry will boost bond sales in global credit markets by easing restrictions on bond issuance both at home and abroad in a widely-ex-pected move formally announced yesterday. The Finance Ministry willBloomberg - 400 words
-
401 1992-07-18 5 Chua Chwee Leng - By Chua Chwee Leng SINGAPORE Citibank has lent its name to the hottest new product in the life insurance industry singlepremium insurance. Two weeks ago, Citibank in conjunction with Insurance Corporation of Singapore (ICS) exclusively offered its customers a product with a 6.02401 words
-
362 1992-07-18 5 FT MOSCOW The chairman of the Russian central bank resigned yesterday after it became clear he had lost the support of both government and parliament. The departure of Georgy Matiukhin, who was criticised by the increasingly powerful industrial lobby for hisFT - 362 words
-
Article, Illustration285 1992-07-18 5 Call for use of fund to be based on colony's long-term benefits Reuter HONGKONG A Beijingowned bank on Thursday welcomed the Hongkong government's surprise disclosure on the size of the colony's hidden reserves, but urged that the fund be carefully handled. "ThisReuter - 285 words
-
Article, Illustration618 1992-07-18 5 DBS Bank weekly currency review USD/DMK: DMK retains strength Its failure to break the resistance of 1.5215 Deutschemarks on July 10 saw the greenback lose most of its previous gains, as it broke the 1.5000 support to close at a low of 1.4740 on618 words
-
Article, Illustration416 1992-07-18 5 Judgment sparks calls to review handling of cases Financial Times LONDON The UK Serious Fraud Office on Thursday suffered the most severe blow yet to its reputation when four City advisers found guilty of fraud over the Blue Arrow affair hadFinancial Times - 416 words
-
SMALL CHANGE
-
73 1992-07-18 5 BANGKOK Bangkok Bank, Thailand's biggest commercial bank, reopened its branch in Vietnam on Wednesday i after 17 years, the bank said yesterday. The Vietnamese government approved the opening, in Ho Chi Minh City, in January, a bank statement said. Bangkok Bank is73 words
-
Article57 1992-07-18 5 BANGKOK The Thai Farmers Bank Ltd announced a rise in after tax-profit to 2.39 billion baht for the half-year y ended June 30 from 1.57 billion. The rise in after-tax profit was posted on the back of an increase in revenue to 19.87 billion baht57 words
-
Article, Illustration31 1992-07-18 5 BOMBAY Harshad Mehta, the key suspect in India's worst-ever financial scandal, was remanded in police custody on Thursday after a bail application hearing here remained i inconclusive.31 words
-
Article113 1992-07-18 5 NEW YORK The International Swap Dealers Association (ISDA) said its latest survey of the swap market showed the notional principal amount of interest rate and currency swap contracts outstanding had reached over US$3.B7 trillion byV the end of December 31, 1991. The survey showed that113 words
-
-
261 1992-07-18 5 Bloomberg HONGKONG SBCI Finance Asia Ltd and Salomon Inc are separately issuing covered call warrants on major Hongkong investment holding company Jardine Strategic Holdings, Hong-kong-based officials from the two securities firms said. The terms of the two issues are almost identical, except for theBloomberg - 261 words
-
398 1992-07-18 5 Reuter LONDON The Luxembourg regulator for the Bank of Credit and Commerce International (BCCI) said the Abu Dhabi owners were not passive investors and had responsibilities which made them potential targets of legal action. The Luxembourg Monetary Institute (LMI), on a request fromReuter - 398 words
-
-
THE REGION
-
NOTE BOOK
-
Article, Illustration67 1992-07-18 6 PORT MORESBY, Papua New Guinea By a one-vote margin, Parliament yesterday replaced Prime Minister Rabbie Namaliu with his rival, opposition leader Paias Wingti (right). The deciding vote in the 55-54 ballot was cast by the parliament's new Speaker Bill Skate. Mr Wingti's67 words
-
Article81 1992-07-18 6 JAKARTA Indonesia estimates a slight drop in foreign investment this calendar year due to fierce competition from other countries in the region and the slowing down of the world economy. Head of the Coordinating Investment Board Sanyoto Sastrowardoyo said foreign investment this year was likely to81 words
-
Article72 1992-07-18 6 BANGKOK Thailand said it has given the Philippines ax weeks to halve its 20 per cent import tariff on refractory pricks or it may consider retaliatory action against Philippine products. Deputy permanent secretary for commerce trirk-krai Jirapaet said the Philippines had failed to heed72 words
-
Article87 1992-07-18 6 Manila The Philippines' trade deficit surged 30 per cent in May against its year-ago level because of higher import growth, indicating the economy is starting to pick up despite a crippling power shortage. Data from the National Statistics Office show imports rose to US$l.lB billion87 words
-
Article48 1992-07-18 6 HONGKONG Hongkong's airport authority has assured construction companies that site reclamation for the new airport project here will proceed despite a Sino-British deadlock over financing. The South China Morning Post reported the authority has issued written assurances to firms bidding for key reclamation work.48 words
-
-
480 1992-07-18 6 MBT KUALA LUMPUR Firms undertaking direct selling and mail order delivery will need special licences once a new law on direct selling comes into force early next year. This comes at a time when the industry, having logged an annual growthMBT - 480 words
-
323 1992-07-18 6 Reuter BANGKOK Thailand said it expects oil companies to spend more than US$36O million (***** million) on surveys and exploratory drilling in the period 1992-97. The Department of Mineral Resources (DMR) said foreign joint ventures winning 29 inland and offshore concessions from the lastReuter - 323 words
-
472 1992-07-18 6 Reuter KUALA LUMPUR Malaysia appears ready to rein in fiscal spending after trying to cool the overheated economy with monetary tools, following Prime Minister Mahathir Mohamad's call to shelve spending projects, analysts said yesterday. Dr Mahathir said this week that only vitalReuter - 472 words
-
-
SHIPS IN PORT
-
Article333 1992-07-18 6 Vend Voy No Berth Arrival Departwe SCHEDULED TO LOAD ON JULY 19 Marina Terminal 1 Batam Murni *****2 MG4 atongside 18 07 2300 *«Mj Pepartoe Batam Sayang *****2 M05 alongside 18 07 0500 Garuda G61 M04 atongside 1807'2300 Marina Tcnninal 1 Hongzhan 9236S MCI alongside 18 07333 words
-
Article1685 1992-07-18 6 RECEIVING OF EXPORT FCL CONTAINERS AND LCI CARGO Record Bookai(/Babnce Mb Sip Voy No Etb/Btr Period From To From J ACX )ade MA 19/0700 2 17/1700 18/0659 18/0900 V 3 18/0700 18/1159 18/1400 Anders Ms 9210 20/0600 1 17/1500 17/1659 17/1900 2 17/1700 18/0659 18/0900 4 18/1200 18/14591,685 words
-
-
Page 6 Advertisements
-
Advertisement14 1992-07-18 6 Mwy «f Mm* km Mi H7/U/W k rasMcM Mmm ISM »d 2101 tan It14 words
-
-
Page 6 Miscellaneous
-
Miscellaneous148 1992-07-18 6 TIDES AND WEATHER TODAY'S TPES Qwight in metres) homhhmw wim mmmmmm vmmm mumtii* urn urn \m \m nooiwinw mm awaii rm am 50 51 24 24 1J 12 07 05 04 0.5 0.9 1.5 10 2.4 2.4 2.3 10 1.5 10 0.8 0.8 1.0 15 11 5> IS 11 U148 words
-
-
THE WORLD
-
Article448 1992-07-18 7 Impact of Bundesbank's increase in discount rate Bonn fears rise may strangle economic growth in Germany Reuter BONN The German government made it clear yesterday that it was unhappy with the Bundesbank's decision to raise interest rates, a move which Bonn fears could strangle economic growthReuter - 448 words
-
Article, Illustration424 1992-07-18 7 Reuter LONDON The British economy received a twin boost on Thursday from a slowdown in job losses at home and a German decision on monetary policy which enabled the British government to keep already high interest rates unchanged. Official figures showed thatReuter - 424 words
-
317 1992-07-18 7 Reuter LONDON Britain escaped by the skin of its teeth on Thursday when the Bundesbank raised only the German discount rate to 8.75 per cent and left the key Lombard rate unchanged. Analysts said although the market will remain bearish on the pound inReuter - 317 words
-
525 1992-07-18 7 Reuter MADRID Spain's stateowned telephone monopoly has just discovered what phone companies in the United States and Britain have known for years sex sells. Adult entertainment lines with names like Eroticon and Adrenaline, introduced just over five months ago, are now the hottestReuter - 525 words
-
368 1992-07-18 7 John Helemr - Frm John Helemr in MOSCOW A TRADE WAR by Western countries to stop Russian exports competing in their markets will cost Russia US$4 billion (S$6.S billion) in hard currency earnings this year, a senior Russian official claimed. Losses inflicted by368 words
-
Article108 1992-07-18 7 f MOSCOW Russian lawmakers on Thursday lowered a new tax that brings in substantial revenue for the government, butj the tax decrease will be neither as big nor as soon as many) legislators wanted. The administration of President Boris YdH sin opposed the across-the-board tax108 words
-
Article86 1992-07-18 7 HONGKONG China's booming southern province o{ Guangdong is to build its second nuclear power plant in Yangchun county, it was reported yesterday. It will be the* biggest in China when it comes on stream in 2000. The 60i billion yuan (SSI6 billion) plant will be86 words
-
Article, Illustration36 1992-07-18 7 NEW DELHI Shankar Dayal Sharma (left), India'f newly elected president, is greeted by Prime Minister P V Narasimha Rao here on Thursday. Mr Sharma succeeds outgoing President R Venkataraman on July 25.36 words
-
Article106 1992-07-18 7 TAIPEI More than 1,000 Taiwan firms could face heavy fines for trading with or investing in China without government approval, following the passage of a new law governing bilateral relations, officials said yesterday. "Local firms or individuals investing in mainland China without our approval will106 words
-
Article101 1992-07-18 7 BRUSSELS A landmark accord slashing tanks, artillery and other non-nuclear weapons in Europe went into effect yesterday, nearly two years after it was signed by Nato and its former Warsaw Pact adversaries. The Conventional Armed Forces in Europe treaty will be put in place temporarily101 words
-
58 1992-07-18 7 OTTAWA Canada's inflation has dropped to its lowest level in 30 years, giving the beleaguered Conservative government room to turn its attention to the country's stubbornly high unemployment rate. Consumer prices in June were just 1.1 per cent higher than a year earlier, making58 words
-
Article, Illustration518 1992-07-18 7 Reuter NEW DELHI A parliamentary probe into India's billion-dollar Bombay shares scandal is expected to delay a government move to privatise some of its state-owned enterprises, deputies said on Thursday. They say a 30-member probe committee will investigate, among other things, aReuter - 518 words
-
-
Page 8 Advertisements
-
Advertisement2500 1992-07-18 8 /6t\ GOLDEN HOPE PLANTATIONS BERHAD r-T-T-1 (INCORPORATED IN MALAYSIA) J3X. NOTICE of meeting NOTICE IS HEREBY GIVEN .hal the Sixteenth Annual General Meeting of the Company will be held at the Pacific Ballroom, Pan Pacific Hotel, jalan Putia, ***** Kuala Lumpur, Malaysia, on Wednesday, 12th August, 1992. at 11.30 a.m.2,500 words
-
-
STOCK EXCHANGE OF SINGAPORE 1
-
Article, Illustration4179 1992-07-18 9 Lilian Ang - By Lilian Ang FOREIGN selling of heavyweight counters in the property, shipyard and banking sectors continued to dampen spirits on the local stock market yesterday. Brokers said the day ended with share prices generally lower and hardly any improvement in trading volume. Sentiment4,179 words
-
Article, Illustration70 1992-07-18 9 Anthony Pang - -By Anthony Pang Comment NATSTEEL is now testing the $3J4 bottom which it hit in April before it made a technical rebound. While short-term indicators point to another upward correction, the long-term downtrend looks intact With no reversal of the 13-month RSI yet, a further price fall toSOURCE: BRIDGE INFO - 70 words
-
-
Article2877 1992-07-18 10 SPH Foreign 1280 +20 +1.6* S1A Foreign 1750 +10 +0.6% SPH MO +5 +0.6* Sunshine Allied 320 +4 +1 -3* Centrept Wt97 59% +3% +6.2* Keppel Fin Wt96 33 3 +10.0* Lim Kah Ngam 153 +3 +2.0* SBS 161 +3 1.8* Cercbos 25* 340 +22,877 words
-
Page 10 Advertisements
-
Advertisement119 1992-07-18 10 YOUR KEY TO BETTERBUSINESS DECISIONS! Shine is Singapore Press Holdings' inforich database financial statements highlights, graphs, latest results team: T. S. Lui on 740 1035, Hazel Ong on 740 1771 or on Teleview, which incidentally is the most advanced and company news. Tony Chia on 740 1033 videotext system in119 words
-
-
Article3162 1992-07-18 11 MAA 79 +5 +6.8* NST 290 +3 +1.0% MTC 78* 255 +2 +0.8* Tongkah Hldgs 124 +2 +1.6* General Corp 59 IW +2.6* Lien Hoe 78 +1% +2.0* Cora Plant 50* 130 +1 +0.8* M Resources 79 +1 +1.3* MUI 171 +1 +0.6* PMC 50*3,162 words
-
Page 11 Advertisements
-
Advertisement143 1992-07-18 11 REACH OUT ACROSS THE NATION WITH OUR Z7th NATIONAL DV FEATURES PUBLISHED EXCLUSIVELY BY SPITS GROUP OF NEWSPAPERS From August 7-9,1992, the SPH group °f newspapers The Sunday Times, Lianhe Zaobao, Lianhe Wanbao, Shin Min Daily News and Berita Minggu will be rap publishing special NATIONAL DAY FEATURES. We would143 words
-
-
BT SHARE INFORMATION SERVICE
-
Article237 1992-07-18 12 an ta prait/laaa (L) par shara flvMaatf ('MM) (carts) Roth Ms Jul 10 Mar 92 $33,451n($45,747) 29.2(39 9) 50(65) G8 HMp Jul 10 Mar 92 $4,166(96.776) 6.1(9.9) 10TE(10TE) Metro HkJgs Jul 8 Mar 92 S5,656($7.999) 7 8(11) 4(4) Transnarco Jul S Mar 92 $3,257(38.545) 13(34.2) 6(6) B Scmbawani237 words
-
Article187 1992-07-18 12 C—p—y Date Yaar tmp pra-tex Itet aaratags 6ms mm te prallt/lMS (L) par share iMiaai COM) (caats) GP Batteries Jul 2 Mar 92 $15,492(114.186 41.3(47.9) 18.8TE(17.6TE) IMC HMgs Jul 2 Mar 92 $183dg($198dg) 52(56) 40(40) Petane Bhd Ml Mar 92 M$37.824 ($22,583) 11(9) 15(10) Pertama Jun 30 Mar187 words
-
Article165 1992-07-18 12 r I ■mill Date Haif-yMT Groap pretax lateriai iu to proAt/loss (L) dfrteaad COM) C Properties Jul 15 Jun 92 $8,203(15.029) 25(20) M Cement Jul 6 May 92 M536.539(537.272) 18(16) Asia Pacific Jun 26 Mar 92 563,038(559.214) 14N(10N) F&N Jun 26 Mar 92 $99,550(589.232) 92(92) Pacific Can Jun165 words
-
Article746 1992-07-18 12 Carrot Ex Ma Ma Tatal tar Tatal kr paymaat Ma dMa payaMa tha yaar last yaar NnHdpNc 6%(b) Aug 26 Sep 7 Sep 24 6% 6% Am* 25C 10% A* 21 Aug 27 Sep 10 10% 10% Dp* 2 5% Jur 3 Jun 16 Jul 23 2.5% An746 words
-
Article190 1992-07-18 12 Berjaya Leisure Bh± EGM at Bukit Kara International Equestrian and Resort ialan Bukit Kara, off Jalan Damansara, ***** Kuala Lumpur, on Tuesday, July 21, at 9.30 am PJ Development Hotdhp Bhd: EGM at No. 21 23, Jalan Hussein (Ground Floor), ***** Ipoh, Perak Darul Ridzuan, Malaysia, on Thursday,190 words
-
343 1992-07-18 12 Ia local car la S$ la US$ %dy%yr dy yr dy yr Jaly 14 lade* d»y chft cfafc chge cfcfc cfc>c World 384.9 0.2 -5.7 0.1 -5.7 0.2 -5.1 tEAFE 452.8 0.2 -9.8 0.2 -8.8 0.3 -8.3 Europe 420.6 -0.1 2.3 0.2 4.8 0.3 5.4343 words
-
Article442 1992-07-18 12 Company mghts ksiw DiC Mi One-tor-hn MS1.25 per start Ei-date Jun 2 Books dose Jun 17 toeptance i Payment Jul 30 Eu Tai Three-for-one $105 per share Ex-date Jun 17 Books Close Jun 27 Acceptance Paymert Aug 3 MM Three-tor-tour at MSI 00 per stare Ei-date Jun 9442 words
-
Article404 1992-07-18 12 Jul 16 A wholly-owned subsidiary of Kippd Wtfrated Engineering, Sea Scan International Ltd, has won a $5 milion contract to supply materials and equipment for the construction of five timber carriers in Myanmar. Sinfapore Electronic Engineering Ltd plans to set up its own computerised equipment testing centre to404 words
-
-
Article, Illustration607 1992-07-18 12 Moving Averages: A moving average curve shows at any one time the mean of the prices over a specified time frame. A five-day moving average, for instance, is the average of the last Ave days' prices. Moving averages (MA) are normally plotted with the prices, and serve asBRIDGE - 607 words
-
KUALA LUMPUR STOCK EXCHANGE
-
Article, Illustration5044 1992-07-18 13 Bernama THE lack of leads and a waning buying momentum took share prices here to a lower close yesterday in an overall quiet trading day. The KLSE Composite Index at the close dropped 6.41 points to 605.33, the Industrial Index 5.12 points lower atBernama - 5,044 words
-
-
STOCK EXCHANGE OF THAILAND
-
Article, Illustration1828 1992-07-18 14 Reuter TRADE was heavy yesterday on property and finance shares, leading to price gains in an active market, brokers said. The SET Index rose 8.33 points or 1.11 per cent to end at 758.71 on a turnover of 10.43 billion baht. ItReuter; Source: Bridge Info - 1,828 words
-
-
JAKARTA STOCK EXCHANGE
-
Article, Illustration1136 1992-07-18 14 THE share market was very quiet yesterday with only a few large transactions in the usual half-day Friday trading. "It's dull, it's boring. There's nothing to do," a foreign house broker said. The Jakarta Composite Index lost 0.7 of a point to endSource: Bridge Info - 1,136 words
-
-
Page 14 Advertisements
-
Advertisement9 1992-07-18 14 The Straits Times Weekly Overseas Edition HOME BROUGHT CLOSER9 words
-
Advertisement83 1992-07-18 14 \<\;^)^`>`\*>,}}=+'\?[.<!>~.;!^ FOR BITS AND. BYTES Geared to keep the busy business executive abreast of new technologies he can exploit to full advantage, INNOVATION TECHNOLOGY page provides news, reviews and features in the areas of information technology, biotechnology, electronics and just about everything high-tech. Although its primary focus is on local83 words
-
-
TOKYO STOCK EXCHANGE
-
Article, Illustration2573 1992-07-18 15 AFP SHARE prices dipped across the board yesterday on the Tokyo Stock Exchange on in-dex-linked arbitrage selling amid uncertainty stemming from Thursday's increase in the German discount rate. Dealers also liquidated their positions ahead of the weekend, brokers said, as the 225-issue Nikkei Stock AverageAFP - 2,573 words
-
-
STOCK EXCHANGE OF HONGKONG
-
Article, Illustration2536 1992-07-18 15 Reuter, UPI HONGKONG share prices dropped more than 34 points yesterday from a record high the previous day, as investors waited on the sidelines for news on talks between Hongkong and China on financing a new airport. The benchmark Hang Seng Index closedReuter,; UPI - 2,536 words
-
-
AUSTRALIAN STOCK EXCHANGE
-
Article, Illustration2082 1992-07-18 16 Bloomberg AUSTRALIAN stock prices skidded yesterday in light volume in a quiet finish to a dull and dispirited week of trading. No improvement is expected next week. The All Ordinaries Index, the market's broad indicator, fell 9.7 points to 1,629.50, for aBloomberg; Source: Bridge Info - 2,082 words
-
-
REGIONAL STOCK MARKETS
-
NZ investors chase high-yielding stocks
-
Article361 1992-07-18 16 YIELD-HUNGRY investors propelled the New Zealand share market yesterday to a new closing high for 1992, its highest since early September 1990. The NZSE-40 Capital Index raced past 1,600 in bullish early trade before easing slightly in slow late trade yesterday. The index closed 8.22 points higher at361 words
-
Article509 1992-07-18 16 SHARE prices moved within a narrow range and closed mixed in dull trading yesterday after Thursday's technical rebound, brokers said. The Manila Stock Exchange Com- posite Index eased 2.02 points to close at 1,449.48. The market is expected to move sideways in the coming days in the absence of509 words
-
Article520 1992-07-18 16 THE Taiwan stock index yesterday finished at a two-month low on heavy selling in the last hour. Brokers said sentiment was gloomy and there was room for further losses. The Weighted Index closed 67.08 points or 1.5 per cent lower at 4,282.60. Turnover was a moderate NT521.48 billion against520 words
-
Article696 1992-07-18 16 THE Seoul stock market was closed yesterday for Constitution Day. It will reopen today. Seoul Jdylt Wo. COO) A nam Electric Irvd 131 1 A nam Ind 163 I Ankuk Insurance 510 -7 Asia Cement 248 8 Asia Motors 108 unch Bank Of Che Ju 155 unch Bank Of696 words
-
Article130 1992-07-18 16 SHARE prices lost more ground on Thursday as trading picked up on the Bombay Stock Exchange (BSE) after a sluggish start, brokers said. "There was an improvement in the tempo," said broker Sunil Kothari. "Attendance was also better." Trading resumed on Wednesday after a month-long brokers' boycott but the130 words
-
Article49 1992-07-18 16 Close Plulw 47Jaly 17 NEW ZEALAND NZSE-40 Capital 1,597 45 1.589.23 +8.22 MANILA Composite Index 1.449.48 1.451.50 -2.02 Turnover (mil pesos) 215.7 192.0 23/V TAIPEI Weighted Price Index 4,282.60 4.349.68 -6Z.Q&. Turnover (NTS billion) 21.48 22.4 <0.92. SEOUL Composite Stock Index dosed 511.61 j Turnover (billion won) dosed 108.8549 words
-
-
-
WORLD STOCK MARKETS
-
Perot's withdrawal sparks Wall St gains
-
Article742 1992-07-18 17 July 16 CImc PiiiIW NEW YORK Dow Jones 3,361.63 3,345.42 +16.21 SAP 500 417.54 417.10 +0.44 Turnover (million) 206.9 205 +1 LQHPQN Financial Times 30 1,890.8 1,896.2 -5.4 FTSE 100 2,483.4 2,486.4 -3.0 Turnover (million) 404.1 402.9 +1.2 FRANKFURT DAX Index 1.740.53 1,734.62 +5.91 AMSTERDAM EOE Index 299.97 300.89 -0.92742 words
-
Article, Illustration1221 1992-07-18 17 ROSS Perot's sudden withdrawal from {he US presidential campaign spurred moderate gains on Wall Street on Thursday, removing some of the uncertainty worrying investors over the un«»ual three-way race. I .But overriding concerns about the US economy and earnings tempered the •market's enthusiasm. I The Dow Jones Industrial1,221 words
-
Article, Illustration833 1992-07-18 17 SHARES sidestepped a disaster on Thursday and closed just slightly lower, as Germany raised its discount rate but left the more important Lombard where it was. The FTSE-100 ended 3.0 points lower at 2,483.4 after retreating from an early rally to 2,507.1. The FT-30 was down 5.4 at 1,890.8.833 words
-
Article271 1992-07-18 17 THE Frankfurt stock market had a good day on Thursday, as the DAX Index gained 5.91 points during the session to close at 1,740.53 points. The Commerzbank indicator was up 2.60 points on the day to 1,947.00. The German Bundesbank's decision to increase its discount rate by 0.75 percentage271 words
-
Article311 1992-07-18 17 DUTCH shares were romping along quite happily at higher levels on Thursday until tripped by the Bundesbank's surprise rise in the discount rate. But a combination of a fresh fall in the dollar, the prospect of higher interest rates in Europe, and generally weakened sentiment then knocked leading shares311 words
-
Article210 1992-07-18 17 THE CAC-40 Index, up more than ten points just before the Bundesbank acted, closed 2.03 points lower at 1,851.23 on volume of about 1.98 billion francs heavy trade for a summer's day. Dealers said the market, which gyrated just after the German central bank raised its discount rate 0.75210 words
-
Article138 1992-07-18 17 SWEDISH shares fell from a firm early session and closed slightly higher after Germany's Bundesbank announced a rise in its discount rate. The increase was announced just before the bourse's 1230 GMT closing time. The Bourse General Index closed up 0.14 per cent at 877.06, off the day's of138 words
-
Article366 1992-07-18 17 BELGIAN shares closed off their day's highs on Thursday after the Bundesbank raised its discount rate, but dealers said the Belgian market on the whole resisted the rise. "Most of the impact seems to have been already discounted in the market the rate rise didn't make much difference," Luc366 words
-
Article374 1992-07-18 17 STOCKS seesawed through a slow Thursday, rattled for a short time by Ross Perot's withdrawal from the US presidential race, to end flat, dealers said. "For the markets, the Perot move is bullish. It's probably more helpful for Bush than Clinton," one trader said. The expiry of certain stock374 words
-
-
-
Page 17 Advertisements
-
Advertisement7 1992-07-18 17 Advertising Marketing in Business Times every Thursday7 words
-
-
CURRENCY, MONEY & FUTURES MARKETS
-
1229 1992-07-18 18 REPORTS •>'•' XvflfWW:..::-: Tokyo: Currency traders said that the US dollar will edge up quietly against both the mark and yen as action centres on trading among European currencies. The US dollar would climb as high as 1.4830 marks and to1,229 words
-
Article379 1992-07-18 18 Cross rates July n USS SS MS Dm Yen SFr A$ NZS USS 1.6100 2.4980 1.4780 125.40 0.5157 1.3300 1.3441 1.8248 SS 0.6211 1.5516 0.9180 77.8882 0.3203 0.8261 0.8348 1.1334 MS 0.4003 0.64 0.5917 50.2002 0.2065 0.5324 0.5381 0.7305 Dm 0.6766 1 0893 1.6901 84.84 0.3489 0.8999379 words
-
Article542 1992-07-18 18 Interbank rates July n 5 Bid Offer Overnight 2 1/4 2 1/2 1-month 2 5/16 2 7/16 2-month 2 5/16 2 7/16 3-month 2 3/8 2 1/2 Overnight mode: 2-3/8 US* BM Offer 7 days 3 5/16 3 7/16 1 month 3 5/16 3 7/16 2 months 3542 words
-
332 1992-07-18 18 Reuter LONDON The potent combination of a strong mark and a low inflation profile will make German government bonds (Bunds) the darlings of the European bond markets over the next few months, analysts and economists say. "Avoid high yielders and ECUReuter - 332 words
-
Article1486 1992-07-18 18 SIMEX Open High Low Sett Est Vol Act/Vol Op/lnt Sep 92 96.53 9653 %50 9651 32W 3908 ***** Dec 92 96.12 96.13 96.08 96.09 5000 9769 ***** Mar 93 96.10 96.10 96.07 96.08 3950 5586 ***** Jun 93 95.77 95.78 95.75 95.76 1800 2866 3910 Sep 93 95.381,486 words
-
-
Page 18 Advertisements
-
Advertisement7 1992-07-18 18 Innovation Technology in Business Times every Tuesday7 words
-
-
COMMODITIES
-
347 1992-07-18 19 Reuter GENEVA A leading spokesman for cocoa-produc-ing countries suggested on Tuesday that producers aimed to more than double current prices under a new world agreement. During negotiations on an agreement between producers Jfld consumers, Alain Gauze of Ivory Coast told aReuter - 347 words
-
315 1992-07-18 19 Reuter WASHINGTON US crude oil production fell to a 31-year low in the first half of 1992 and will slump further this year as the decline gripping the domestic oil industry continues, the American Petroleum Institute said on Wednesday.Reuter - 315 words
-
765 1992-07-18 19 REPORTS THE PRICE of tin dropped 17 sen further to close below the M$ 17.00 level at MS 16.84 per kg yesterday pressured by heavy selling and lack of buying demand. Dealers said the metal could not sustain its bullish trend over the last765 words
-
-
Article1537 1992-07-18 19 Rubber IjM Ci—nitty farii—»■ (frtww d—if at lpw) RSS 1 Cwtract (S cents/kg) Oose Volume Open Month High Low Sett (tonnes) Interest Aug 92 0.00 0.00 143.00 0 2,250 Sep 143.25 143.25 142.25 950 5,125 "Oct 142.50 142.50 143.00 50 4,025 Nov 142.50 142.50 143.00 50 4,100 Dec 142.501,537 words
-
Page 19 Advertisements
-
Advertisement521 1992-07-18 19 Toll ■fWt'IW No 737 -0043 *Fmc Mo; 734-3606 EFFECTIVE RECRUITMENT ADVERTISING. ITS ONLY A CALL AWAY— Appointments or Notices. caltoMree 737-0043 [TheStraitaTimM I gUmfnyyyygg IN THE MATTER OF THE COMPANIES ACT. CAP. SO AND IN THE MATTER OF COLOR WAYS (8) PTE LTD (In Memberi' Voluntary Liquidation) NOTICE OF FINAL521 words
-
-
Article, Illustration590 1992-07-18 20 Polls show Democratic candidate having a stunning lead HpfpK KPt^i Reuter NEW YORK Bill Clinton took command as the 1992 Democratic presidential nominee on Thursday, promising to knock President George Bush into the ranks of the unemployed in a fight reduced to one-on-one byReuter - 590 words
-
Article, Illustration460 1992-07-18 20 Reuter NEW YORK Ross Perot's bombshell decision to drop out of the race for the White House may add to Bill Clinton's sudden momentum but in the long run it may benefit President George Bush more. The withdrawal ofReuter - 460 words
-
397 1992-07-18 20 Bloomberg HONGKONG Chase Manhattan Asia Ltd, which is part of US-based Chase Manhattan Corp, has lost eight executives, including two managing directors and its entire Hongkong-based risk management and derivatives team, to a new merchant bank being established by Banque Indosuez, officialsBloomberg - 397 words
-
366 1992-07-18 20 Wider gap result of weaker exports, higher oil price Reuter WASHINGTON The US trade deficit widened in May to US$7.3B billion (S$ 11.88 billion), the Commerce Department said yesterday, the result of weaker overseas sales and higher costs for imported oil. TheReuter - 366 words
-
484 1992-07-18 20 Work will not proceed without Beijing approval Reuter HONGKONG Hongkong, bogged down by stalled talks with China over its new airport, said yesterday it needed Beijing's financial approval before continuing major work on the HKS 163.7 billion (5534.1 billion) project. Briefing HongkongReuter - 484 words
-
267 1992-07-18 20 AFP, Reuter NEW DELHI Indian Prime Minister P V Narasimha Rao's minority government emerged unscathed yesterday after an oppositionsponsored no-confidence motion was defeated by Parliament. The Lower House voted 267-215 with 10 abstentions to reject the motion after two days of acrimonious debate focusingAFP,; Reuter - 267 words
-
Article, Illustration368 1992-07-18 20 NYT, AFP CAIRO President Hosni Mubarak of Egypt and Prime Minister Yitzhak Rabin of Israel will meet early next week in Cairo in an effort to press ahead with the peace talks that began last October, Egyptian officials said. TheNYT,; AFP - 368 words
-
281 1992-07-18 20 Reuter NEW YORK International Business Machines Corp yesterday reported a dramatic improvement in second-quar-ter results, although earnings still fell short of analysts* expectations. IBM said second-quarter net income rose 468 per cent to US$7l4 million (551.15 billion), or US$l.25 a share, fromReuter - 281 words
-
Page 20 Advertisements
-
Advertisement6 1992-07-18 20 CHARTPOINT Every Saturday in Business Times6 words
-
Advertisement16 1992-07-18 20 New era for HP, Digital with top-level changes, Pg 4 Apple's third-quarter earnings soar, Pg 416 words
-
Advertisement7 1992-07-18 20 ICHARTPOIN II Every Saturday in Business Times7 words
-
-
Executive Lifestyle
-
Article, Illustration1346 1992-07-18 21 Dawn Tan - Horse racing in Singapore is no longer a poor man's sport its fans now include a growing number of middle-aged businessmen and young professionals. Dawn Tan reports on the industiy's changing image Dawn Tan STANDING at the bar of the members enclosure at Bukit TurfPhoto by Albert Sim - 1,346 words
-
STRAWS IN THE WIND
-
Article126 1992-07-18 21 WHAT do US Federal Reserve chairman Alan Greenspan and actress Sigourney Weaver have in common? According to top-rating US economic forecaster C J Lawrence, each time Weaver blasts an alien beast into intergalactic oblivion, it comes back dripping molecular acid, but stronger than ever and ready126 words
-
Article42 1992-07-18 21 SENATOR A 1 Gore, who is Democrat Bill Ginton's running mate for the US presidency, will not seek the traditional televised debate with his opposite number, incumbent veep Dan Quayle. Instead, Gore will challenge Quayle to a televised spelling bee.42 words
-
Article58 1992-07-18 21 IN CHINA, a Singaporean employer told his employee to check an inventory of tools to see if any were missing. Puzzled at the lack of response half an hour later, he went to check things out himself. When confronted, the employee defended himself: "You told me to check,58 words
-
-
OPINIONS
-
777 1992-07-18 22 Schutz Lee - Schutz Lee finds the trend towards regionalism threatening the gains of standardisation bodies Schutz Lee The writer is a BT journalist WHAT DOES an A 4 size sheet of paper have in common with a 20-foot container used to ship goods from one place to another?777 words
-
694 1992-07-18 22 Peter E K Ong - Peter E K Ong suggests changes which could galvanise the stock market without disturbing people's CPF nest eggs Peter E K Ong The writer is a BT sub-editor The local bourse is in the doldrums. What can be done to inject some694 words
-
Article, Illustration820 1992-07-18 22 A M Rosenthal - A M Rosenthal says the chaotic world of politics was too disorienting for Ross Perot, with his penchant for a life of order A M Rosenthal The writer is a New York Times columnist NYT THE FEELING of living in a world suddenly gone chaoticNYT - 820 words
-
Article, Illustration759 1992-07-18 22 Said Abdullah - Said Abdullah believes in passing on the courtesy message early Said Abdullah The writer is with BT's Foreign Desk AFTER nearly a decadc and a half of it, we arc still struggling to evoke courteous smiles. Slow but steady progress that's the verdict759 words
-
327 1992-07-18 22 Peter Chia - LETTER TO THE EDITOR Peter Chia Mmrr, Pafclfc Afiaka Stock Excfcaage of Singapore PLEASE allow us to make some comments on William Chia's article, "Sesdaq needs better balances" (BT, July 11-12). Mr Chia expressed concern that Sesdaq was dominated by electronics companies and that this327 words
-
-
VIEWPOINT
-
Article, Illustration2217 1992-07-18 23 S N Vasuki - Writer Dennis Bloodworth has been called a lickspittle of the Singapore government. Hardly, as S N Vasuid finds out when getting his views on the PAP leadership and the local press CONVE^AHONS S N Vasuki DENNIS Bloodworth, journalist, China-watcher, and novelist, first came to Singapore in 1956Photo by Chris Loh - 2,217 words
-
Article994 1992-07-18 23 Dennis Bloodworth recalls his experiences behind the Bamboo Curtain UNTIL his retirement from journalism in the early "80s, Dennis Bloodworth was an acknowledged expert on Chinese politics. Though he has never lived in China, he honed his expertise in China-watching through regular visits since the mid-'sos,994 words
-
-
EPICURE
-
Article, Illustration526 1992-07-18 24 Quek Swee Peng - Quek Swee Peng samples Le Due's East-meets-West, award-winning recipes Quek Swee Peng IF YOU have produced some fabulous recipes and deservedly won medals for your effort, what should you do? Show them off? Offer them to your clients? Which was what Chef Zettel and his team did at526 words
-
-
LIFESTYLE
-
Article, Illustration458 1992-07-18 25 Michelle Low - Michelle Low casts her eye over a collection of jewellery that was designed to celebrate the nation's 27th birthday Michelle Low Twenty-seven pieces of jewellery for a 27th birthday present. Eighteen karat gold and custom-cut diamonds as well. No, this isn't another story about sugar458 words
-
898 1992-07-18 25 N K Yong - How can we tell if a wine is good? Here are some pointers for the novice WINE By N K Yong I AM SOMETIMES asked basic questions, such as "Why do you say this is a good wine?" or "What qualities do you898 words
-
-
PEOPLE
-
Article, Illustration161 1992-07-18 25 JIM MACNAMARA lived up to his new book on public relations at a reception to mark the opening of MACRO Communication (Asia), a PR consultancy firm, here last month. The Deputy High Commissioner of the Australian High Commission, Colin Hill, probably picked up a thing or161 words
-
Article, Illustration212 1992-07-18 25 JULY 5 saw 32 Porsche owners snarling off into the dawn for the fifth Porsche rally, organised by Stuttgart Auto and the Singapore Motor Sports Gub. They showed their stuff for half a day, and the overall winners eventually were Anthony Chan, director of EngPhotos by Chris Loh - 212 words
-
-
PURSUITS
-
Article, Illustration836 1992-07-18 27 Susan Tsang - Collectors who are keen to buy local paintings and sculptures certainly have an interesting range of works to choose from, observes Susan Tsang Susan Tsang 1S THE art scene in Singapore growing or going? Well, it's definitely growing, but is it developing in terms of quality or quantity?836 words
-
Article, Illustration563 1992-07-18 27 RINGO LIEW - CD Review By RINGO LIEW YO-YO MA AND BOBBY McFERRIN: Hush At first glance, this has all the makings of one of those novelty records that sell so well come Christmas time, possibly the equivalent of say Michael Jackson and Michael Jordan dueting on Teutonic hymns two stars563 words
-
Article, Illustration515 1992-07-18 27 Susan Tsang - Susan Tsang is filled with foreboding as she watches The Hand That Rocks The Cradle Susan Tsang MICHAEL and Claire Bartel are your typical, unbelievably happy couple, with one adorable child and another on the way. A gynaecologist's check-up, however, is traumatic for Claire, who resents his groping.515 words
-
-
PERSONAL FINANCE & INVESTMENT 1
-
Article, Illustration818 1992-07-18 28 Dawn Tan, Chua Chwee Leng - How can small investors cash in on China's growing economy? Dawn Tan looks at what the Shanghai and Shenzhen bourses offer while Chua Chwee Leng focuses on unit trusts and reports on the CLSA Index Dawn Tan, Chua Chwee Leng Like marriage,818 words
-
Article, Illustration254 1992-07-18 28 THE Credit Lyonnais Sccnrities Asia (CLSA) All China Index, launched in May, is the first index to track all the 36 A and B shares on both the Shanghai and Shenzhen stock exchanges. It is backed by four subindices introduced earlier, which monitor separately theSource: CLSA - 254 words
-
924 1992-07-18 28 CHINA represents a tantalising market for the smaller investor but, to the uninitiated, the volatility of the country's two exchanges may come as more than just a surprise. It could lead to fingers being burnt in indecent haste. Against the backdrop of924 words
-
807 1992-07-18 28 A SINGAPOREAN who wants to invest in Chinese shares on his own has to open a trading account with one of the 14 Hongkong-based stockbroking firms licensed to trade in such shares. Some of these brokers have branches in Singapore, and the local offices807 words
-
Article, Illustration628 1992-07-18 28 S N Vasuki - S N Vasuki cautions investors attracted by the rosy outlook for Malaysian deposits S N Vasuki SINCE the beginning of this year, shrewd Singapore investors have been putting their money in Malaysian fixed deposits. They have been rewarded with handsome gains as Malaysian interest rates haveSource: Bloomberg - 628 words
-
Article, Illustration1184 1992-07-18 29 Rahita Elias - Rahita Elias assesses the prospects for the recently formed Keppel Integrated Engineering group STOCK Rahita Elias KEPPEL Integrated Engineering (KIE), the latest in Keppel Corporation's stable to be listed here, is wellnamed. The newly formed group, which made its initial public offering1,184 words
-
Article347 1992-07-18 29 II 7 HEN Keppel Inte- grated Engineering T announced details of its public share offering, the initial reaction of analysts was that the share was overpriced. The group's offering involved 75 million 50-cent shares in two tranches. The first tranche of 22.5 million shares is going347 words
-
Article, Illustration570 1992-07-18 29 Goh Hiang Fong - CHART *9 Goh Hiang Fong The writer is the head of research at Lum Chang Securities Pte Ltd. IN USING charts to help them determine when to enter or leave the stock market, investors have to remember that they need570 words
-
-
SPORTS
-
SIDE LINES
-
99 1992-07-18 30 STUTTGART, Germany Former Wimbledon champion Michael Stich crashed to a straight sets defeat by Austria's Thomas Muster at the million dollar ATP tournament here on Thursday. The world No. 8 and defending champion lost 6-7 (2/7), 4-6 to the combative clay court specialist99 words
-
Article, Illustration87 1992-07-18 30 AFP HOCKENHEIM, Germany World champion Ayrton Senna and upcoming Benetton star Michael Schumacher started fighting after a private practice session here on Thursday. Senna, accusing the young German of blocking his way on the Hockenheim circuit, seized Schumacher by the collar and punched him. Schumacher, 23,AFP - 87 words
-
Article73 1992-07-18 30 WASHINGTON Ivan Lendl remained the most notable star still playing at the U*****,000 Nationsßank classic by beating 14th seeded Jim Grabb 6-1 7-6 (7-2) in a third round match on Thursday. "I don't worry about who is out (of a tournament) and who is in," the third73 words
-
Article61 1992-07-18 30 NAIROBI Kenya reinstated defending Olympic 800 m champion Paul Ereng and world 10,000 m champion Moses Tanui in the final Kenyan athletics team for Barcelona announced here on Thursday. Also included in the final team is Paul Bitok, who ran the second fastest 5,000 m in the61 words
-
-
Article344 1992-07-18 30 AP MAHWAH, New Jersey Monica Seles, minus her famous grunt, scored a 6-0, 6-2 victory over Jennifer Santrock on Thursday night and reached the quarter-finals of the US$l5O,OOO Pathmark Tennis Gassic. Seles, who had said that she would be trying to rid herself of theAP - 344 words
-
331 1992-07-18 30 AP FRANKFURT Gig* Fernandez won her singles match and teamed with Pam Shriver in the doubles to carry the US to a 2-1 victory over higher-ranked France on Thursday, setting up a semifinal clash against top-seeded Germany in the Federation Cup. Wimbledon championAP - 331 words
-
Article, Illustration657 1992-07-18 30 British Open AP GULLANE, Scotland Raymond Floyd made a strong bid to complete a career Grand Slam on Thursday with a record-tying 64 over mild-mannered Muirfleld in the opening round of the British Open. Floyd stomped over the auld links for a seven underAP - 657 words
-
348 1992-07-18 30 Reuter GULLANE, Scotland A disillusioned John Daly was on the verge of throwing in the towel on Thursday after a chastening start to his firstever British Open. The US PGA champion shot a three-over-par 74 as his prodigious length off the tee was cancelledReuter - 348 words
-
374 1992-07-18 30 Tour de France AP DOLE, France Miguel Indurain celebrated his birthday on the rest day of the Tour de France. Greg LeMond spent the day worrying about the immediate future. Defending champion Indurain turned 28 on Thursday. He is confident he will goAP - 374 words
-
Article, Illustration596 1992-07-18 30 Dawn Tan - Horse racing in Singapore By Dawn Tan SINGAPORE In 1988, veteran jockey Edward Chan was found guilty of deliberately jumping off his mount, Nano Nano 11, which started the race as hot favourite. But in some ways, that's horse racing: it's as much about losing596 words
-
494 1992-07-18 30 NYT BARCELONA Bob Costas is cramming for his biggest test, holed up for 12 hours a day in a luxury hotel in Barcelona, Spain. The host of NBCs prime-time Olympics telecast, Costas will be on the air each evening for up toNYT - 494 words
-
-
Article1203 1992-07-18 31 1 3 i 3 1 A MM MHM B Sat Bagm QF81 SQ228 RJ187 SQ319 KL837 NZ21 SQ286 Gf 148 GA525/910 Ml SQ181 1955 2025 0130 0715 1255 1820 2030 0655 1755 1410 GA860 QF82 GA890 KL838 SQ342 NZ22 SQ182 0045 1 2205 0150 2240 23251,203 words
-
THE TRAVEL PAGE
-
Article, Illustration648 1992-07-18 31 Sara Rimer - LETTER FROM SANTA MONICA By Sara Rimer JANE FONDA has moved to Montana, but this seaside town still has movie stars and fitness factories, along with Tom Hayden and a social conscience. It has art for the masses, like the two lifeguard chairs that648 words
-
Article149 1992-07-18 31 As at 10m yesterday. Local dollars to oar unit of foreiga uanacy Currencies Bid Offer Australian |^|lf 1.1928 1.2090 Cinnl'i" dollar 1.3370 1.3642 NZ dollar 0.8719 0.8893 Sterling pound 3.1062 3.1485 US dollar 1.6060 1.6120 Local dollars to 1*0 atots afhtdgafwcy Austrian schilling 13.28 13.60 imjmii149 words
-
Article83 1992-07-18 31 Duration Title Venue Organiser Tel Duration Title Venue Organiser Tel Aug 16-18 International Munich. Mode-Woche- (49) 89/5024. Sep 6-9 Fine Food Melbourne Australian (61)3/867.7981 Fashion Fair (Jermany Munchen GmbH 570 (fax) Services"* Aug 16-19 National Chicago. US Reed Exhibition (1)617/630- r Hardware Show C ompanies 2222 Sep83 words
-
-
Article623 1992-07-18 32 At Play la The Fields Of The Lord. Tom Berenger sheds his clothes to return to nature in this politically-correct drama. R(A). Chinatown 2: 10.45; 2; 5.15; 8.30. Bad Influence. Pretty boys James Spader and Rob Lowe team up to play the hunter and the hunted in this psychological623 words
-
TIME OFF
-
Article76 1992-07-18 32 Concert by tfce Singapore Youth Orchestra Singapore composer Tsao Chieh's latest works entitled Prelude, Interlude and Fugato will be performed at the concert. Dr Tsao composed his entire work on a computer, even the orchestral parts. There's also a guest appearance by Chan Tze Law, a young conductor who76 words
-
Article, Illustration380 1992-07-18 32 CMMm CoBtctlnni Ever wanted to own the highest quality of jadeite gemstones? This exhibition by Catherine Jade Collections features many rare jadeites set with 18K gold and diamonds. The main item on display is a solid jade jadeite bangle that has all the 3Ts Texture, Translucency and Time. These380 words
-
-
-
Page 21 Advertisements
-
Advertisement7 1992-07-18 21 Erraat jockeys ami illegal bookmakers, EL 107 words
-
Advertisement229 1992-07-18 21 I 3 3 4 3 5 8 8 3 3 4 3 6 8 8 GCOGRAPHIQUE. AROUND THE WORLD IN 24 HOURS. THE NEVER SEEN A WATCH THE BEFORE: FASHIONED IN K COLO. IT BHSprJKE By setting new standards AUTOMATICALLY SIMPLICITY. TURN THE LEFTSHOWS THE LOCAL CROWN UNT L NE229 words
-
-
Page 22 Advertisements
-
Advertisement31 1992-07-18 22 BT welcomes letters j 1 from yoa. Pteaae sead i I then toe The Editor, i II Bmiaess Timet, I 390 Kim Seng Road, i S>oreOWXLetters 1 *hwdd Indade yoar j31 words
-
-
Page 22 Miscellaneous
-
Miscellaneous54 1992-07-18 22 DOONESBURY BY TRUDEAU jeremy, settle. pom*. soop. now just /MRS Df lOOULPN7 FINP DEAR MAN. THo*e ARE QK4Y T&TOAtLAX. JEREMY, THEM' lODULONT FiNP LQAPSQFO7HOIHN66 H£"R£ TWOOU? LET THE MHQQ! J-a, MY CLJPf>»i6S>; THE ITEMS UE CAN TALK ABOUT. QOBS. FFXNPSJJST HAV- AIR OUT THANKS' IOF INTEREST! SOMEONE NOA), TAKBAPE6P *654 words
-
-
Page 24 Advertisements
-
Advertisement618 1992-07-18 24 Nothing Beate A Bud-where to wine, dine 11l Bill I I II I HI I TUT m "a s!ngsa™nalhßea Sundays will never be the same again! Bring the family for a karaoke hi-tea with an extensive array of sweet and savoury items. Then enjoy a standard drink at Singsation and618 words
-
Advertisement340 1992-07-18 24 THE PINE COURT L ,/jMH Amidst Imperial splendour, our chefs p I ?/MW stage their highly-acclaimed performance I 1/o* legendary Beijing cuisine to the satis- <*/\ I Wmr&A faction of demanding dlnersTo guarantee I f v/' IVj your place amongst the discerning, make H I f Ml your reservations early.340 words
-
-
Page 25 Advertisements
-
Advertisement252 1992-07-18 25 AND ENTERTAIN In the month of July, a fashion extravaganza awaits you at the Fountain Lounge: July 4- No Show Boutique July 11 Chit Chat Boutique July 18 Feline Collection July 25 Pen* House Enjoy a leisurely Saturday afternoon tucking into delicate French pastries, dianxin and sandwiches... and a freshly-brewed252 words
-
Advertisement53 1992-07-18 25 3=E sizzling fapanm tncounttr at NISHIKI RESTAURANT! Sat will avadabta at unbcatablt prices of $20 to $25 for lunch and $35 to $38 for dinner. For reservations, please caH 3224 224/5. B MARINA IA T OOLF A COUNTRY CLUB 4 14 AH NA 01BBN SINOAPOBB 0101 TBLBPHONB:2JI2i«I fAI:I I I53 words
-
-
Page 26 Advertisements
-
Advertisement220 1992-07-18 26 g* Business Times. Every new T| I 1 P I 1 1 I I 1 1 fc]Tf3i subscription Business Delore Dreaßtast -jz w jia Privilege Card or The HPL/ Although breakfast may boss' Business Times to get them before others do. UOB VISA Gold Card that be the most important220 words
-
-
Page 27 Advertisements
-
Advertisement146 1992-07-18 27 Yes, I'd Like To Do Business Before Breakfast. Please send me a 1-year home subscription of Business Times. I'd also like to enjoy a year's membership benefits T of The HPL Privilege Card or The HPL/UOB VISA Gold Card offering discounts of up to 40% in over 80 outlets, jjjHß146 words
-
-
Page 29 Advertisements
-
Advertisement149 1992-07-18 29 'v v H §jj£ k'' 4 j f .p > /■> ji^gfgagtK JtL. MM 1 H I It's Quick and Easy. Get instant B 9 cash for yow shares over the f«fli»fr at any of oor 28 brandies. Use the loan for any purpose. Loans from $2,000 to $100,000. HI149 words
-
-
Page 31 Advertisements
-
Advertisement41 1992-07-18 31 Discover the lengths Finnair go for just one price. A superb twice-weekly service from Singapore direct to Helsinki and daily connections to over 35 European destinations- all for one price. Call *****77 for details. Wa km* Eotvpa ft*n atort to Finnish.41 words
-
Advertisement18 1992-07-18 31 weeWufer looks at adultery—one of the main reasons for the rise in divorce oases in Singapore. i Yl(B18 words
-
-
Page 31 Miscellaneous
-
Miscellaneous260 1992-07-18 31 1 Golfer discovered it was intense (8) H 9 lam in the property to get an approximate calculation to say can't to this puzzle (4,3,5) HL_" '13 Told secrets but still kept? P* J I j I I I—l—L— Higher now put out (6) P| .16 Being reversible (4) 1260 words
-
Miscellaneous160 1992-07-18 31 Singapore Outlook: Shower* ow serenl irw Report Maximum temperature 30.7 Assoc humidity 72% Minimum temperature 23.8 Assoc humidity 98* Hours of sunshine 3.80 Rainfall in mm 7.9 Rainfall this month 86.5 Rainy days this month. 8 mi—u vTOrKi repon Asia-Pacific Hi/Lo* Coal Auckland 12/07 Cloudy Bangkok 32/23 Cloudy Bejjin 28/22160 words
-
Miscellaneous46 1992-07-18 31 kiLIs»JBi.!UhiBMMHHi &16JH Ttonftuito vbqf.(&H....WCTs EefTetf m TYTIMe OF °?V IS SC££amim G, v a rny "tfcrvte.™... J IniSnSKR:.? e WR H €i) sllVrtJ «H_A_Efl rA>| SOUL WAS BE£KJ ve&Z&te&\ NOU U*p\ Ot^SKA er MY OX>K<ING I \J* p J OTa^st^rt^. C AMOCUTIP I—WWW ITB, jjglg I46 words
-
-
Page 32 Miscellaneous
-
Miscellaneous1627 1992-07-18 32 TODAVS TV Fmnhm, 3.45fM, SBC5 A-azjJg Sa-.s: M. £5 SiSSUlNtaRamona Rahman is a young 9 Setane Street s^nri(L). woman who returns to her Alas, the Soviet Union 1010 Sapor Maria Bros Super 1.15 Hertmn. home village to spend her more, but the state of Russia Shew! (Cartoon) 1.4# Variasi Seui.1,627 words
-
Miscellaneous609 1992-07-18 32 MOVIES ON TV He's My Girl, Moa, 10.30pm, abandoned careers in mediSBC5 cine, law and journalism to Ditsy comedy that milks the become the self-declared gender issue for all its worth. President of Nicaragua. David Hallyday aspir- n 10.30|M. ing rock star who gets his cere long-awaited chance at the609 words
-