The Business Times, 12 December 1992
1992-12-12
1
30
https://www.nlb.gov.sg
https://eresources.nlb.gov.sg/newspapers/browse/biztimes
The Business Times
-
Title Section17 1992-12-12 1 Business Times MITA (P) 35/12/91 Weekend Edition, December 12-13 1992 THE BUSINESS PAPER FOR S-E ASIA 75*17 words
-
NEWS & MARKETS
-
40 1992-12-12 1 WASHINGTON US consumer prices rose a slim 0.2 per cent in November as steady food prices and a moderating trend restrained a sharp jump in energy prices, the Labour Department said yesterday.40 words
-
Article63 1992-12-12 1 LONDON Britain yesterday announced that inflation fell to 3 per cent ip November, its lowest level in six years. The decline from the annual rate of 3.6 per cent in the previous month leaves Chancellor Norman Lamont plenty of scope to make further cuts in63 words
-
Article33 1992-12-12 1 WALL STREET stocks were slightly lower in early trade yesterday morning. The Dow Jones average of 30 industrials dropped 6.76 to 3,305.43 at 1530 GMT in the first hour of trading.33 words
-
Article45 1992-12-12 1 LONDON share prices were down sharply in midday trading yesterday, the last day of the accounting period, because of losses on Wall Street and in Tokyo. At 1250 GMT, the Financial Times-Stock Exchange 100-share index was down by 11.5 points to 2,715 points.45 words
-
Article42 1992-12-12 1 AUSTRALIA'S office market continued its slide in the third quarter with building values in Sydney, Melbourne and Perth now less than half of what they were during the boom years, according to figures by Jones Lang Wootton P*g® 242 words
-
Article36 1992-12-12 1 COLD STORAGE Holdings has asked its shareholders to vote on the proposed sale of the group's retail business and a change of name to Goodman Fielder Asia Holdings Ltd (GF Asia) Page 336 words
-
Article, Illustration31 1992-12-12 1 Friday Change BT-MGA 683.05 +1 53 Kuala Lumpur ....635.26 +1.32 tS> —:.17,441.02 -60 28 Hongkong .5,253.18 -20.61 SydST™ 1.500.7 -0.6 Thunday Chance New York 3.312.19 -1L62 London 2,726.5 -24.231 words
-
Article23 1992-12-12 1 fxctawg* rates USS SS SS1.63 JOO Yen SS 1.3226 MS SS 0.6441 Money market rates Overnight 1 6/8 +11/8 3-month 2 unch23 words
-
Article33 1992-12-12 1 London Cold AM fix USSS334.20 US$0.50 S'pore Jan 147.75«/kg unch M'sia Jan 226.50«/kg unch KL Tin Turnover 54tonnes -7 Spot... MS14.37 /kg +6 Crude Dalm oil Tumovhr?..... l,354lots -228 Feb MS917/tonne +833 words
-
-
651 1992-12-12 1 Yang Razali Kassim - Thailand, Indonesia and Philippines may defer tariff cuts until 1996 From Yang Razali Kassim in JAKARTA THE Asean Free Trade Area (Afta) will be launched on Jan 1 as scheduled but the indications are that some member countries may delay their651 words
-
491 1992-12-12 1 Reuter AP TOKYO Prime Minister Kiichi Miyazawa recast his cabinet yesterday, taking advantage of the exit of scan-dal-tainted ruling party elders to place loyalists in key posts and show disillusioned Japanese he is his own man. Mr Miyazawa named three senior membersReuter; AP - 491 words
-
Article, Illustration215 1992-12-12 1 AFP KUALA LUMPUR Malaysia's Attorney-General yesterday ordered the arrest of a prince in the southern state of Johor for allegedly assaulting an opponent after a hockey match. The order came as the government planned to strip Malaysia's hereditary rulers of theirAFP - 215 words
-
329 1992-12-12 1 LITTLE ROCK Presi-dent-elect Bill Clinton has chosen an economic team of old hands from Washington and Wall Street to help fulfill his campaign promise of fundamental economic changc. As expected, he has named Texan senator and Senate Finance Committee chairman Lloyd Bentsen as329 words
-
Article, Illustration134 1992-12-12 1 NYT, Reuter LOS ANGELES US Presi-dent-elect Bill Clinton is seriously considering appointing Colin Powell (above), chairman of the Joint Chiefs of Staff, as his Secretary of State, the Los Angeles Times reported on Thursday. The newspaper quoted aa unnamed transition adviser as saying GenNYT,; Reuter - 134 words
-
Page 1 Advertisements
-
Advertisement83 1992-12-12 1 Nikon f Ttw Wbrid's FlnMt HWogwpNc Sy«*m. OPINIONS What hope COVER Exclusive interview with Santa ;EL 1 Avcraft Schedule Commodities l Company News Cryptic Crossword Futures Options Interbank Forex Rates Bangkok/Jakarta Stocks If USE 11 Money Changer Rates EL }1 Money Market Regional News Regional Stock Markets CM <riU 3inQ83 words
-
Advertisement21 1992-12-12 1 CHRISTMAS Office parties; shop wisely EL 3 Hock Lock Siew: Regional banking licences strike while the iron is hot, Pg 321 words
-
Advertisement14 1992-12-12 1 CHRISTMAS Books as gifts; best toys for children EL 6 J J gerald genta14 words
-
Advertisement15 1992-12-12 1 Nikon Th* Nfbrtd's FlnMt Ptwlograpliie Syatom. B CHRISTMAS Songs of the Season; catalogues EL 715 words
-
Advertisement12 1992-12-12 1 FINANCE UIC at the crossroads els Annuities for old age el 912 words
-
-
PAGE 2 NEWS
-
Article, Illustration564 1992-12-12 2 Chok Tong leads the charge in Hokkien Marine Parade GRC by-election SINGAPORE The People's Action Party's first rally for the Marine Parade GRC by-election last night saw the party speaking the language of the crowd dialect. And it saw Prime Minister Goh Chok Tong, who is leading the PAP teamPhoto by Wong Kwai Chow - 564 words
-
Article, Illustration217 1992-12-12 2 SINGAPORE The Singapore Justice Party last night criticised the calling of a by-election in Marine Parade GRC, the Prime Minister's own ward. SJP chairman Suib bin Abdul Rahman said at a rally in Marine Drive that the poll was not a simple by-election217 words
-
Article, Illustration297 1992-12-12 2 SINGAPORE Singapore Democratic Party candidates for the Marine Parade GRC yesterday attacked various government policies which they said had hurt the common people and raised the cost of living. In particular, the speakers criticised recent health and education policies, noting that the cost297 words
-
Article, Illustration223 1992-12-12 2 SINGAPORE The National Solidarity Party said last night that it was offering residents of Marine Parade a chance to be heard. "Let us simply be your voice to signal your unhappiness and grievances" was the party's rallying call in its223 words
-
330 1992-12-12 2 Dawn Tan - By Dawn Tan SINGAPORE A challenge by the Official Assignee against a recent High Court order could spark a battle among creditors of bankrupt businessman Elyamani Khamis. Official Assignee Winston Chew, who is handling the Khamis bankruptcy, filed a claim in the High330 words
-
354 1992-12-12 2 AFP WELLINGTON The New Zealand Law Society ordered lawyers yesterday to pay a NZ$lO,OOO (558,452) special levy to cover the soaring debts of corrupt colleagues. About 2,800 law firm partners must pay this initial levy and face a second one nextAFP - 354 words
-
578 1992-12-12 2 Colin Tan - By Colin Tan SINGAPORE The Australian office market continued its slide in the third quarter with building values in Sydney, Melbourne and Perth now less than half of what they were during the boom years. Figures released by Jones Lang Wootton Australia on Thursday578 words
-
324 1992-12-12 2 SINGAPORE Local businessmen have shown strong interest in a seminar on the southern Chinese province of Fujian. The Business and Investment Opportunities Conference on Fujian to be held on Monday at the World Trade Centre has been organised by the Trade Development Board324 words
-
Article, Illustration207 1992-12-12 2 SINGAPORE The Singa-pore-based managing director of Compaq Computer Arfa Pacific, Lim Soon Hock, has been appointed company vice-president for the AsiaPacific region. Mr Lim takes over on Jan 1 from Steve Hamblin, who will return to Compaq's Houston headquarters. Mr Hamblin has been appointed as vice-president207 words
-
-
Page 2 Advertisements
-
Advertisement56 1992-12-12 2 mANSpiSEi NEW ZEALAND I PESSBREI RESTAURANT An opportunity exists for a master franchisee/joint venture partner to launch a unique and successful New Zealand Dessert Restaurant chain in Singapore. All interested parties should communicate with: Milloy Reid Company Limited Merchant and Investment Bankers P. O. Box 3683, Auckland, New Zealand Attention:56 words
-
Advertisement12 1992-12-12 2 Reports by Chuang Peck Ming, Anna Teo, Harish Mehta and Shoeb Kagda12 words
-
-
COMPANY NEWS 1
-
Article, Illustration390 1992-12-12 3 Lee Han Shih - By Lee Han Shih SINGAPORE Cold Storage Holdings (CSH) shareholders have been asked to vote on the proposed sale of the> group's retail business and a change of name to Goodman Fielder Asia Holdings Ltd (GF Asia). In a prospectus390 words
-
247 1992-12-12 3 SINGAPORE Keppel Bank, a subsidiary of locally listed Keppel Corp, plans to raise $66.3 million through a rights issue of one share for every five existing shares at $1.20 per share. "The rights issue will strengthen our capital base," Keppel Bank president247 words
-
Article, Illustration929 1992-12-12 3 Alvin Tay - Regional banking licences strike while the iron is hot THE HOCK LOCK SIEW COLUMN Local banks must do their sums quickly By Alvin Tay SINGAPORE Call it coincidence. But Singapore's Asean neighbours are opening their doors to foreign banks at a time when the Republic's Big Four listelJ local banks929 words
-
364 1992-12-12 3 Genevieve Cua - By Genevieve Cua SINGAPORE Canmaker Pacific Can Investment Holdings is looking into regional acquisitions in the engineering and construction sectors, following the divestment of its 30 per cent controlling stake in Van Dcr Horst. The sale of its stake in the marine engineering group364 words
-
194 1992-12-12 3 Bernama KUALA LUMPUR Tongkah Holdings Bhd is currently looking at four manufacturing projects that will complement its existing activities. Managing director Mokhzani Mahathir said after the company's annual general meeting yesterday that it was negotiating with several foreign and local parties and expected the dealsBernama - 194 words
-
214 1992-12-12 3 SINGAPORE Listed Singapore Shipbuilding Engineering (SSE) today christens the first of two 392-box container ships it is building for a US-based shipowner. Named Tropic Sun, the vessel is ready a month ahead of schedule and is due for delivery to its owner. Tropical Shipping Construction,214 words
-
COMPANY BRIEFS
-
89 1992-12-12 3 SINGAPORE Eltcch Electronics Ltd will soon sell its 6.7 per cent stake in California-based Premisys Communications Holdings Inc for 5954,000 to two venture capitalists. Eltech will reap a net profit of 5302,000, the company said in a statement yesterday. The sale was necessary,89 words
-
Article55 1992-12-12 3 SINGAPORE San Teh Ltd has reinvested US$BOO,OOO (551.31 billion) part of the dividends the company received from its wholly-owned subsidiary Xiamen San Teh Xing Industry Co into another firm in Xiamen, China. The new, wholly-owned firm is called Xiamen San Teh Xing Electronic Science55 words
-
Article104 1992-12-12 3 SINGAPORE Wcpco Ltd will form two joint venture companies one of which deals in general trading and the other in the marketing of computer software next month, to take advantage of RPS Asia-Pacific Pte Ltd's distribution network. Wcpco will take a 75 per cent stake104 words
-
Article58 1992-12-12 3 L M director left voluntarily SINGAPORE L&M Group Investment said that its former director, Tony Chan, had resigned of his own accord. He "was never asked to resign by the company", L&M said in a statement referring to a Dec 3 BT report, which said the company "did not say58 words
-
-
COMPANY BRIEFS
-
88 1992-12-12 4 BURBANK, California Walt Disney Co said the Indian government had approved the planned joint venture between its Consumer Products Division and India's Modi Group of companies. The division will have a 51 per cent stake in the venture which will license and market Disney88 words
-
Article76 1992-12-12 4 DETROIT Outgoing Chrysler chairman Lee lacocca has no real interest in running financially troubled Trans World Airlines full-time, a Chrysler spokesman said, according to a Detroit Free Press report in its Friday edition. But the spokesman's statement fell short of a complete denial, since76 words
-
Article86 1992-12-12 4 HONGKONG Sincere Co said net profit rose 47.4 per cent to HK527.6 million (Sss.B million) in the first half ended Sep 30 from HKSI4.S million in the year-earlier period. The figures are after tax and payments to minority interests. Turnover for the Hongkong retail operation86 words
-
Article75 1992-12-12 4 LONDON Shareholders in British electronics group Amstrad pic on Thursday rejected an offer from chairman Alan Sugar worth £113 million (Ss29o million) to take the company that he founded 24 years ago private. The flamboyant entrepreneur had seemed headed for difficulties on Wednesday when the75 words
-
Article89 1992-12-12 4 RICHARDSON, Texas Fujitsu Network Transmission Systems Inc, a unit of Fujitsu Ltd, said it has introduced the world's smallest cellular handheld phone, the PCX. The PCX, weighing 7.4 ounces and 5.4 inches long, will be available in January in some areas of the US for a89 words
-
Article66 1992-12-12 4 HONGKONG Innovative International (Holdings) said net profit rose 97 per cent to HKSSO.9 million in the first half ended Sep 30 from HKS26.O million a year earlier. Earnings per share were 11.8 HK cents and the company declared a first-half dividend of 4 HK cents. Year66 words
-
-
Article, Illustration366 1992-12-12 4 Rise in world tin prices also helps to boost earnings Reuter CIPAYUNG, Indonesia PT Tambang Timah, the world's biggest tin company, anticipates a pre-tax profit of about 19 billion rupiah (S$ 15 million) for calendar 1992 after implementing a severe cost-cutting programme, its presidentReuter - 366 words
-
Article251 1992-12-12 4 PTT gives nod to 20pc stake in three projects KnightRidder BANGKOK The Petroleum Authority of Thailand will allow Siam Cement Co to raise its stake in three semi state-owned petrochemical projects to 20 per cent, a PTT official said yesterday. The decision may increase theKnight- Ridder - 251 words
-
267 1992-12-12 4 NYT SAN FRANCISCO Lawyers for the Federal Trade Commission have made a preliminary recommendation that the agency seek an injunction to block Microsoft Corp from continuing practices that are said to be monopolistic, according to a report in a newsletter. The FTC hasNYT - 267 words
-
327 1992-12-12 4 JAKARTA The Indonesian Democratic Party (PDI) believes the debt problems encountered by PT Bentoel and the Mantrust and Summa groups are only the tip of the iceberg of the huge loan problems facing Indonesian companies, the Jakarta Post reported. Kwik Kian Gie and327 words
-
344 1992-12-12 4 HONGKONG Hongkong Telecommunications has made sweeping senior management changes which include the departure of chief operating officer Greg Crew aimed at making the company more market-responsive in the run-up to the introduction of competition in the local market in 1995. The company has also344 words
-
334 1992-12-12 4 Reuter PITTSBURGH Procter Gamble Co, under pressure to cut costs, said on Thursday that it is reviewing its worldwide operations in a move that could lead to job cuts at the major maker of household and personal care products. "We expect a moreReuter - 334 words
-
283 1992-12-12 4 Bloomberg NEW YORK The son of the president of MCA Inc and three associates on Thursday agreed to pay US$l.3 million (SS2.I million) to settle charges of insider trading involving the December 1990 sale of the company to Matsushita Electric IndustrialBloomberg - 283 words
-
-
Page 3 Advertisements
-
Advertisement221 1992-12-12 3 IN THE MARKET PAGES KLSE investors cautious 11 Indon prices closed mixed 12 1 I Hong Kong Gifts Houseware Fair Hong Kong Watch Clock Fair INTERNATIONAL LfJlilffiWi Hong Kong AUDIO VISUAL SHOW Blilttim Toys Games Fair Hong Kong Fashion Week uruj/j HONG KONG I *v/n\ji l\wl*V3 fm J| ,||-1 I221 words
-
-
Page 4 Advertisements
-
Advertisement132 1992-12-12 4 SAVE SEX i l. SAVE SEX 2. Deeper VO r <; t mA s auA A.A AN C' J E AGfV V.f f GHT A G At\S T ADS S ALSO 'A N: VAV N ON h-, VAN rv G«'S :>ON'V A►■ AN f N.V '.n* 1 A* t m132 words
-
-
FINANCIAL NEWS
-
442 1992-12-12 5 Reuter TOKYO Sluggishness in Japanese stock futures trad- ing is partly due to uncertainty over whether the Nikkei Average, the basis of the main futures contract, will be changed to a weighted average, traders say. Recent newspaper articles have sparked speculation that theReuter - 442 words
-
239 1992-12-12 5 FT TOKYO The collapse of the Tokyo stock market has -claimed its most notable victim among foreign stockbrokers as County Nat West, the securities arm of National .Westminster bank, yesterday became the first to announce a total withdrawal from the market. County will be theFT - 239 words
-
308 1992-12-12 5 AFP TAIPEI Taiwan will allow more foreign institutions to join its stock market as part of its financial liberalisation drive, stock officials said yesterday. The Securities and Exchange Commission (SEC) has decided to open the marA ket to overseas securities brokers with aAFP - 308 words
-
525 1992-12-12 5 Link will keep monetary system firmly anchored: economists Reuter HONGKONG The Hongkong dollar's official link to the US dollar is expected to weather the raging political storm between China and Britain and should continue to keep the monetary system firmlyReuter - 525 words
-
526 1992-12-12 5 NYT WASHINGTON Signalling a dramatic turnaround for the banking industry from the gloomy forecasts of just 12 months ago, federal regulators said on Thursday that 1992 would be the most profitable year ever for the nation's banks. As a consequence, they said, fewerNYT - 526 words
-
Article, Illustration172 1992-12-12 5 Reuter FRANKFURT The German Bundesbank on Thursday left official interest rates unchanged but raised its target for 1993 money supply growth in a move which currency dealers said would eventually make it easier to cut rates. Bundesbank president Helmut Schlesinger said he saw no roomReuter - 172 words
-
SMALL CHANGE
-
84 1992-12-12 5 TOKYO Japan's Ministry of Finance plans to delay the deregulation of time deposit rates for two years until 1995 because of delayed arrangements with financial institutions. Ministry sources said yesterday the decision would be announced formally by the end of the84 words
-
Article78 1992-12-12 5 STOCKHOLM Skandinaviska Enskilda Banken, Sweden's largest private commercial bank, is seeking government support. Bjom Svedberg, SE-Banken's chief executive, said a "first, tentative contact" had been made to secure finance from the planned government-backed fund to prop up the country's ailing financial sector. The plan is expected78 words
-
Article91 1992-12-12 5 SYDNEY National Mutual Life Association of Australasia Ltd said the float of 26 per cent of its National Mutual Asia subsidiary on the Hongkong Stock Exchange closed niore than 70 per cent subscribed. Subscriptions totalled HKS763 million (S$ 161 million), group managing director Geoff Tomlinson91 words
-
Article100 1992-12-12 5 TOKYO Japanese financial institutions will invest 7.725 billion yen (*****.9 million) in a new land-purchasing company to be established in January 1993, major Japanese newspapers said. Backers of the land-buying company include 11 city, seven trust and three long-term credit banks, 58 regional and100 words
-
-
266 1992-12-12 5 Bernama KUALA LUMPUR Visa card purchases in Malaysia rose to some Ms 2 billion (Ssl J billion) between Oct 1, 1991, to the end of September 1992. Visa International general manager (South-east Asia) Timothy J Malloy said purchases in Malaysia by foreign VisaBernama - 266 words
-
Article, Illustration504 1992-12-12 5 DBS Bank weekly currency review US$/DM: Bull trend intact A break of support of 1.5670 marks on Monday took the dollar to a low of 1.5498 on Tuesday before it reversed to close at 1.5610, forming a reversal on the daily bar chart. It then504 words
-
-
THE REGION
-
Article, Illustration802 1992-12-12 6 Vietnam and China may benefit with new emphasis on better yields FT LONDON The European and US companies still agonising over that first, tentative investment in Thailand or Malaysia have been left far behind by Mr Toshihiko Sekimoto, Asian general manager at Itochu,FT; Source: Miti - 802 words
-
319 1992-12-12 6 Reuter BANGKOK Thailand will comply with UN sanctions against the Khmer Rouge but needs to minimise the losses of Thai traders who do business with the radical guerilla group, says Foreign Minister Prasong Soonsiri. "First of all. let me sayReuter - 319 words
-
NOTE BOOK
-
55 1992-12-12 6 CANBERRA The Australian government will advertise for Australians to train as guides for Japanese tourists after an uproar over plans to import them from Japan. Employment Minister Kim Beazley yesterday said that advertisements would be placed in Australian newspapers this weekend seeking local55 words
-
Article55 1992-12-12 6 HANOI The United Nations launched an US$B million (SSI3 million) project yesterday to provide birth control facilities in Vietnam. The United Nations Population Fund (UNFPA) signed an agreement with Vietnam's Ministry of Health covering 1992-1995 to supply Vietnam with intrauterine devices and oral contraceptives and to55 words
-
Article63 1992-12-12 6 MANILA The Philippine health department has called on Congress to pass a law that would ban cigarette advertisements and smoking in public places, department spokesmen said yesterday. Health Secretary Juan Flavier sent a written petition to the Senate on Thursday advising legislators that the department63 words
-
Article80 1992-12-12 6 Reuter HANOI Vietnam received the vice-president of Armenia, Gagik Arutyunyan, yesterday the first senior official from a' former Soviet republic to visit Hanoi. Vietnamese Vice-Presi-dent Nguyen Thi Binh told Mr Arutyunyan that his visit would help build a new relationship of cooperation between the two countries.Reuter - 80 words
-
-
224 1992-12-12 6 AFP MANILA Philippine legislators are poised to clash over debt service as the Senate has moved to cut debt repayments by US$l billion (S$ 1.63 billion) next year against the wishes of the House of Representatives, an official said yesterday. The official, on conditionAFP - 224 words
-
-
SHIPS IN PORT
-
Article508 1992-12-12 6 Vessel Voy No Berth km* Departs Vessel Voy Wo Berth Arrival PyartiK jurong Port Fukurn Maru 9201 P08A 11.12/1330 11.12/2359 AdaSeraya AS/51/92 J1 alongside 12.12/2015 Gotten Sptei 9204 P02 11.12/1600 15.12/1500 Am Mama 12/92 J10/11 ak>r«ade 12.12/2300 Nana 11/92 P03 11.12/1300 12.12/0600 Keung Soon 020/92 J12 alongside508 words
-
Article1662 1992-12-12 6 DELIVERY OF FCL IMPORT CONTAINERS IN PROGRESS S* VttT Ho C«nt*wn wlaMt She ftnr Hn Cwtww wfeMt DELIVERY OF FCL IMPORT CONTAINERS IN PROGRESS D Kalimantan 43S COO(EST) 11.12.92 1500 Unt Master BN-106 10.12.92 0720 Ned Africa 1462 COO(EST) 11.12.92 1500 Equator Hawk 72N 10.12.92 0810 Twadika 953A1,662 words
-
-
THE WORLD
-
458 1992-12-12 7 John Helmer - From John Helmer in MOSCOW JUST one day after President Boris Yeltsin appealed to the Russian people to support him against the Congress of People's Deputies, he is on the retreat. Mr Yeltsin has begun negotiating to forestall a referendum he proposed458 words
-
469 1992-12-12 7 Reuter, Knight-Ridder BOMBAY As India began recovering from a week of camage. Prime Minister Narasimha Rao and other senior officials pledged that liberalisation will proceed as planned. At a New Delhi news conference yesterday, Mr Rao said the setback to economic reformsReuter,; Knight-Ridder - 469 words
-
562 1992-12-12 7 The team who will determine US economic policy NYT, FT WASHINGTON Presi-dent-elect Bill Clinton indicated with his economic choices that the main responsibility of the top officials would be not so much to develop new policy but to get his campaignNYT,; FT - 562 words
-
Article, Illustration226 1992-12-12 7 Reuter WASHINGTON Alice Rivlin's commanding knowledge of the budget and the workings of Congress has earned her a reputation for toughness that enabled her to confront two presidents. President-elect Bill Clinton on Thursday named Ms Rivlin his deputy budget director, making her No 2 toReuter - 226 words
-
197 1992-12-12 7 NYT WASHINGTON Presi-dent-elect Bill Clinton said that despite a Bush administration investigation that found no criminal wrongdoing in a bank fraud case involving loans to Iraq he still believed that there was more to be discovered about what happened. Mr Clinton saidNYT - 197 words
-
344 1992-12-12 7 Reuter BEIJING China vowed yesterday to crack down on illegal currency trading which has sprung up in areas where economic reforms have caused a financial boom. "Some non-financial institutions now act as brokers to do hard currency tradings for domestic enterprises and individuals.Reuter - 344 words
-
Article, Illustration370 1992-12-12 7 NYT WASHINGTON Lloyd Bentsen is almost everything Bill Clinton is not. He is a multi-millionaire, languid and almost aloof, calm and not intensely driven. He got his political start proclaiming his record as a decorated bomber pilot. As the consummate Senate insider, beloved of lobbyists,NYT - 370 words
-
Article, Illustration217 1992-12-12 7 Reuter NEW YORK A loyal Democrat and leading light on Wall Street, Robert Rubin will bring financial savvy and political acumen to US Presi-dent-elect Bill Clinton's new White House economic team. Named on Thursday by Mr Clinton to be assistant to the president for economic policyReuter - 217 words
-
WORLD WATCH
-
93 1992-12-12 7 BEIJING China's communist authorities have shut down a magazine for publishing the first calls for greater democracy since the 1989 Tiananmen Square protests. Future and Development, an official bi-monthly, was ordered to halt all operations last week after carrying an article by veteran human93 words
-
Article70 1992-12-12 7 TOKYO Restrictions by the private sector and Japan's historic fear of foreign domination are the main reasons for the low level of foreign investment here, a prominent American economist said yesterday. Mark Mason, a professor at Yale University, told a press lunch that while the government70 words
-
Article69 1992-12-12 7 LIMA, Peru A coup attempt here last month so rattled President Alberto Fujimori that he took refuge for three hours in the residence of the Japanese ambassador. The admission by Mr Fujimori that he fled Peru's presidential palace and took refuge in the embassy of his69 words
-
88 1992-12-12 7 TOKYO Prime Minister Kiichi Miyazawa and most of Japan's civil servants received winter bonuses on Thursday that were up 8 per cent from last winter's bonuses, compared with a 0.1 per cent average increase in private-sector bonuses. Mr Miyazawa and Supreme Court Chief Justice Ryohachi88 words
-
Article85 1992-12-12 7 WASHINGTON A record 82 journalists have died covering the world's trouble spots, 53 of them in direct retaliation for their work. Freedom House, a private organisation based in New York advocating freedom of expression, said on Thursday that the total was the highest number since85 words
-
Article79 1992-12-12 7 WASHINGTON Israel and Lebanon blamed each other onThursday for the stalemate in their peace talks, and Israelproposed intensified discussions with Syria on the Golan Heights. Lebanese delegation chief Souheil Chammas told reporters that since the conference began in October 1991, the Israelis had pushed Lebanon "to79 words
-
-
Article199 1992-12-12 7 Reuter WASHINGTON Leon Panetta fits right into the brave new world of Clintonomics: The Democratic California congressman is a con-sensus-builder and a policy wonk who genuinely loves the tortuous budget process he will now control. Named on Thursday as budget director in the Clinton administration,Reuter - 199 words
-
-
STOCK EXCHANGE OF SINGAPORE 1
-
Article, Illustration3508 1992-12-12 8 Moiz Tyebally - By Moiz Tyebally INVESTORS nibbling at core stocks ahead of the weekend lifted the benchmark Straits Times Industrials Index by 5.19 points to 1,447.57 at the close yesterday. Singapore counters were top gainers in selective trading, brokers said. Reflecting a slightly more positive3,508 words
-
Article, Illustration85 1992-12-12 8 Anthony Pang - -By Anthony Pang YEO Hiap Seng's share price has been sliding steadily within a channel over the past three-and-a-half years. With yesterday's surge, the counter has once again hit the resistance line AB. If this is broken, the stock's long-term downtrend would be reversed, with the next resistanceSOURCE: BRIDGE INFO - 85 words
-
-
Page 8 Advertisements
-
Advertisement25 1992-12-12 8 See the exciting range of Mitsubishi cars today... while stocks last. CycW A Corriog* Automotive Ltd. 153 Alexandra Rood, Singaporeo3lS. W: *****12. Jjj^ crca cawwiaoc25 words
-
-
Article3144 1992-12-12 9 I iger Med 20c 148 +12 +8.8% C Properties 710 +10 +1.4% CMB Asia 605 +10 +1.7% F&N 1080 +10 +0.9% IChong Guan 220 +10 +4.8% OCBC Foreign 1200 +10 0.8% SIA 1320 +10 +0.8% Spore Bus 500 605 +10 +1.7% Ccrebos 25c 414 +83,144 words
-
Page 9 Advertisements
-
Advertisement178 1992-12-12 9 YOUR VERY OWN HASSLE-FREE BKTOO^NEWS-CUPPtNO^VICT! If news and other pertinent information on companies listed on the Stock Exchange And for imhtrifttm fet of oml, $2S» per month, you and your company can II of Singapore Clob International are important to you and your business, then SPH subscribe to this specialised178 words
-
-
Article2962 1992-12-12 10 Gent.ngs 50c 910+20 +2.2% GIL US$0.10 130 +4 +3.2% Sungei Way 320 +6 +1.9% Antah Hldgs 50c 129 +3 +2.4% Guinness 50c 265 +3 +1.1% Beijaya Leisure 165 +2 +1.2% Bolton 118 +2 +1.7% Sime Darbv 50c 306 +2 +0.7% UMW 408 +2 +0.5% CASH2,962 words
-
Page 10 Advertisements
-
Advertisement153 1992-12-12 10 INTRODUCING J TMES lIIUmPftY, JAMUAWT 7. 1993 VCC.«NO. 1 Its handy! Its information- We welcome all establishments /dC I packed! Its CXIY WEEKLY, to advertise in our bright and /Xi X\ distributed with The Straits exciting CITY WEEKLY. City Times from January 7, 1993, readers find thU WBeU >' reQil153 words
-
-
KUALA LUMPUR STOCK EXCHANGE
-
Article, Illustration5293 1992-12-12 11 Bernama SHARE PRICES ended on a mixed note yesterday due to a lack of demand as investors preferred to take a precautionary stance amid the current uncertainty. In quiet trading, the KLSE Composite Index added 1.32 points to 635.26 but the Industrial Index edged downBernama - 5,293 words
-
-
CHINA STOCK EXCHANGES
-
Article, Illustration429 1992-12-12 12 CLSA SHANGHAI "A" shares recovered 16.7 per cent yesterday after shedding 23.9 per cent since the beginning of the week. Local brokers attributed the recovery to speculative buying by punters in the domestic market. Turnover was a low 28.3 million shares, with theCLSA - 429 words
-
-
JAKARTA STOCK EXCHANGE
-
Article, Illustration1066 1992-12-12 12 Reuter STOCK prices ended mixed in active trade yesterday, brokers said. The official index closed 0.37 points lower at 278.58 on turnover of 5.65 million shares. Brokers said short supply kept Astra International steady at 9,150 rupiah, with 126,000 shares changing hands. "There isReuter - 1,066 words
-
-
STOCK EXCHANGE OF THAILAND
-
Article, Illustration2004 1992-12-12 12 Reuter STOCKS yesterday traded near their previous close in a quiet market that lacked major players and fresh news, brokers said. The SET Index rose 4.07 points, or 0.48 per cent, to close at 852.61 on a thin turnover of 2.19 billion baht. WinnersReuter; Source: Bridge Info - 2,004 words
-
-
Page 12 Advertisements
-
Advertisement53 1992-12-12 12 mm ||i iHMUIIIfIf ftllf JI I 111 lA II 1 I|M I I ■111 111 Bill Find out in I■ I I HI ft Ift I" I I| I I ▼111 Personal Investment and Finance. II I I I Ift H Ift I ■II I I I 1 I Every53 words
-
-
TOKYO STOCK EXCHANGE
-
Article, Illustration2354 1992-12-12 13 Reuter STOCKS surrendered early gains and closed lower in choppy trade yesterday, which was settlement day for December futures contracts. The Bank of Japan's cautious stance on credit easing, despite a gloomy quarterly economic survey (tankan) out yesterday afternoon, weighed on sentiment, brokersReuter - 2,354 words
-
-
STOCK EXCHANGE OF HONGKONG
-
Article, Illustration2395 1992-12-12 13 AFP SHARE prices closed weaker yesterday after China and Britain failed to make any headway in breaking their deadlock over Hongkong's future. The Hang Seng Index fell 20.61 points, or 0.4 per cent, to close the week's trading at 5,253.18. Turnover remained thin atAFP - 2,395 words
-
-
AUSTRALIAN STOCK EXCHANGE
-
Article, Illustration1906 1992-12-12 14 Reuter THE share market closed barely changed yesterday after a week of strong rises, held back by profit-taking and a poor lead from offshore. "Even a bull market has to have a rest," said Hambros Equities' John Bowie Wilson. "The overseas indicatorsReuter; Source: Bridge Info - 1,906 words
-
-
REGIONAL STOCK MARKETS
-
Seoul stocks firm despite weak sentiment
-
Article830 1992-12-12 14 STOCKS ended a fraction higher in moderate trading as large-capitalisation shares such as securities houses and financial counters maintained some of yesterday's momentum, brokers said. But general sentiment remained weak due to political uncertainty ahead of next Friday's presidential election. The index is likely to fluctuate in a narrow830 words
-
Article483 1992-12-12 14 SHARE PRICES finished off mid-ses-sion lows yesterday as bargain hunting emerged. Brokers expected stable trade to continue before the Dec 19 parliamentary elections. The Weighted Index, which was more than 30 points down at one stage, finished 12.45 points lower at 3,734.30. Turnover was NTSB.76 billion against Thursday's NTS483 words
-
Article305 1992-12-12 14 THE SHARE market ended slightly firmer yesterday after a lacklustre day's trade, the NZSE-40 Capital Index gaining 6.08 points to end at 1,521.92. Turnover was high at NZ$34 mil- lion, NZ$B.l million of which was done in Brierley, which ended up one cent at 96 cents. The biggest305 words
-
Article67 1992-12-12 14 STOCK prices fell yesterday in spite of heavy restrictions imposed on stock sales. The Bombay Stock Exchange Index fell 16 points to 2,534.22 and the National Index dropped by 2.25 points at 1,169.86. Brokers said the situation in the country was still fluid in the aftermath of widespread rioting67 words
-
Article550 1992-12-12 14 SHARE PRICES fell sharply for the third day yesterday but investors believe the market is poised for a rebound early next week, brokers said. The Manila Stock Exchange Composite Index shed another 16.48 points to end at 1,232.36 from 1,248.84. The market has lost 46.23 points in three trading550 words
-
Article52 1992-12-12 14 INDICES TURNOVER Ooar Dec 11 Pntiov NEW ZEALAND NZSE-40 Capita) 1.521.92 1.515.84 4 6.08 MANILA Composite Index Turnover (mil pesos) 1.232.36 197.2 1.248.84 244.9 16.48 -47.7 TAIPEI Weighted Price Index Turnover (NTS billion) 3.734.30 3.746.75 8.76 10.0 -12.45 -1.24 SEOUL Composite Stock Index Turnover (billion won) 645.70 451.31 642.03 383.2552 words
-
-
-
WORLD STOCK MARKETS
-
Encouraging data fail to inspire Wall St
-
Article, Illustration1395 1992-12-12 15 STOCKS retreated in heavy trading on Thursday as the market came under additional profit-taking despite encouraging economic reports, but late buying helped lift the Dow off lows. The Dow Jones Industrial Average, which edged up 1.63 points on Wednesday, fell back 11.62 points to 3,312.19. It was down1,395 words
-
Article341 1992-12-12 15 Stockholm Dec 10 Skr A sea 357.00 unch Astra 743.00+ 16.00 Atlas Copco 305.00 2.00 Ericsson 177.00 -1.00 Esab 185.00 unch S-E-Banken 13.50 -.50 SKF 74.50 -3.50 Sandvik 390.00 -1.00 Skandia 88.00 1.50 Volvo 342.00 6.00 Source: S-E-Banken Vienna Dec 10 Asch Akg Holding 1180 unch Bank Austria (P) 465341 words
-
Article, Illustration715 1992-12-12 15 SHARE PRICES fell in trading on Thursday, weakened by profit-taking and by the fall of sterling. At the close, the FTSE Index of 100 leading shares was down by 24.2 points to 2,726.5 points. The FT-30 dropped 10.6 to 2,064.2. Trading volume was high with 702.4 million shares sold715 words
-
Article71 1992-12-12 15 INDICES TURNOVER NEW YORK C'k*ve Previous Dec 10 Daw Jones S&P 500 Turnover (million) 3.312.19 3.323.81 -11.62 434.64 435.65 -1.01 240.64 230.06 +10.58 LONDON FTSE 100 FT-30 Turnover (million) 2.726.5 2.064.2 702.4 2.750.7 2.074.8 657.4 -24.2 -10.6 45.0 FRANKFURT DAX Index 1.494.48 1,500.59 -6.11 AMSTERDAM EOE Index 282.46 283.98 -1.5271 words
-
Article135 1992-12-12 15 THE stock market suffered a moderate loss on Thursday in "almost nonexistent trading", operators said. The DAX Spot Trend Index finished the day at 1,494.48 points, off 0.4 per cent from the Wednesday close, while the Commerzbank indicator ended at 1,672.50, down 9.40 from Wednesday evening. Frankfurt Dec 10135 words
-
Article381 1992-12-12 15 SHARES closed lower on Thursday, despite a cut in domestic interest rates, as hopes for a near-term cut in German rates were dashed when the Bundesbank said it saw no room for a reduction, dealers said. "It looks as if there won't be a cut for the next couple381 words
-
Article281 1992-12-12 15 FIATs sharp drop and uncertainty over privatisations both weighed on shares on Thursday, which closed weaker but off lows, dealers said. The expiry of options contracts yesterday also depressed the market as dealers abandoned positions. Even companies due to be privatised lost ground, with Credito, SME and Banca Commerciale281 words
-
Article280 1992-12-12 15 BANKS and insurers led shares to the highest close this year and to a firmer finish for the fourth consecutive day on Thursday. Sentiment was supported by the firmer US dollar and slightly easier interest rates, dealers said. The market was led by foreign investors with interest focusing on280 words
-
Article385 1992-12-12 15 SHARES dipped further at the close of trade on Thursday on disappointment that the German central bank left interest rates unchanged. "The market's fall was not surprising given the fact that the Bundesbank was not prepared to cut interest rates," said one dealer. The market did not have the385 words
-
Article242 1992-12-12 15 STOCKS partly recouped earlier losses, but still finished nearly 0.5 per cent lower after a heavy trading session on Thursday. "It seems that a great deal of tax-loss selling is going on here in Toronto," Joe Ismail, a technical analyst at Security Trading Inc said. The TSE 300 fell242 words
-
Article178 1992-12-12 15 THE BOURSE was depressed on Thursday on worries about business earnings, continuing high German interest rates, and the floating of the Norwegian kronor, leading to new concern about the monetary system's stability. The CAC 40 Stock Price Index began the day with a slight rise of 0.09 per cent178 words
-
-
-
Page 15 Advertisements
-
Advertisement21 1992-12-12 15 The market report for Johannesburg was not available yesterday. Advertising Marketing in Business I Times every j Thursday f I 121 words
-
-
CURRENCY, MONEY & FUTURES MARKET
-
1209 1992-12-12 16 REPORTS THE dollar closed a fraction firmer against the mark and the yen in narrow Tokyo afternoon trade yesterday compared with its Thursday New York closes. Tokyo dealers said. The Bank of Japan's (BOJ) quarterly economic survey (tankan), which suggested the1,209 words
-
Article392 1992-12-12 16 Bloomberg LONDON The European Exchange Rate Mechanism (ERM), buffeted by yet more shocks on Thursday, may be about to enjoy a period of calm and stability, analysts said. That's because German interest rates finally look set to decline early next year. "Everyone is talking aboutBloomberg - 392 words
-
Article1484 1992-12-12 16 SIMEX eurodollar 9 Open High Low Sett Esl Vol Act/Vol Op/lnt 9( 9 Dec 92 96.38 96.39 96.37 96.38 1800 3586 ***** 9 Mar 93 96.27 96.28 96.27 96.28 3500 4297 ***** 9 Jun 93 95.81 95.85 95.81 95.84 3900 3545 ***** 9 Sep 93 95.35 95.36 95.34A1,484 words
-
Article407 1992-12-12 16 Cross rates USS SS MS Dm Yen SFr AS NZS USS 1-6385 2.5410 1.5790 123.80 0.6418 1.4070 1.4493 1.9361 SS 0.6103 1 5508 0.9637 75.5569 0.3917 0.8587 0.8845 1.1816 MS 0.3935 0.64 0.6214 48.7210 0.2526 0.5537 0.5704 0.7619 Dm 0.6333 1.0377 1.6092 78.40 0.4065 0.8911 0.9178 1.2262407 words
-
Article625 1992-12-12 16 Interbank rates I; S$ Bid Offer Overnight I 3/4 I 7/8 Z 1-month 1 5/8 I 3/4 2-month I 7/8 2 3-month 2 2 1/8 Overnight mode: 1 I LSS Bid Offer 7 days 2 15/16 3 1/16 I* I month 3 3/4 3 7/8 2 months 3625 words
-
-
Page 16 Advertisements
-
Advertisement15 1992-12-12 16 Yesterday's comex prices were not available due to a technical fault. Below are Thursday's prices15 words
-
-
COMMODITIES
-
384 1992-12-12 17 Bloomberg FRANKFURT Metallgesellschaft AG isn't expecting more than a slight increase in non-ferrous metal prices in 1993, its analyst Thomas Baack said yesterday. He expects zinc, aluminum, lead and tin to improve slightly, while nickel will be stable and copper lower. He saidBloomberg - 384 words
-
286 1992-12-12 17 Bloomberg LONDON Volume on London's International Petroleum Exchange reached its highest level ever in a calendar year at the close of business on Tuesday, officials at the IPE said. A total of 10.02 million lots were traded, exceeding 10 million lots for theBloomberg - 286 words
-
783 1992-12-12 17 REPORTS TIN GAINED six sen to close at M$ 14.37 per kg yesterday on renewed buying support. Prices had remained unchanged for the last three days and edged up in tandem with the slightly steadier close on the London Metal783 words
-
-
Article1512 1992-12-12 17 Rubber HAS Cinmity Excfcamt (Mam dosing as at 1pm) MS tpfcysteal pricx) RSS1 Contract (Scents/kg) Buym Sottors As at 12 noon (Scents/kg) r C lose Volume Open (j Month High Low Sett (tonnes) Interest RSS 2 Jan 9J (4200 14 joon Ii lan 01 Tlioo ***** 147 75 4001,512 words
-
Page 17 Advertisements
-
Advertisement739 1992-12-12 17 BUSINESS T I MJjj^ Toll free Tel No 737 0Q43 'Fax No: 734 3608 NOBLE HOUSE PTE LTD (In Member*' Voluntary motkxofrSolution# At an Extraordinary General Meeting of the Company convened and held at 1 Colombo Court #00-17 S pore 0617 on Monday 7 December 1982, the following Special Resolutions739 words
-
-
532 1992-12-12 18 Andrew Cooke - 55b baht plan aimed at reducing rural-urban income gap From Andrew Cooke in BANGKOK THE Thai government has allocated 55 billion baht (553.46 billion), or 10 per cent of government spending in the current fiscal year, to promote investment in provincial areas and532 words
-
Article, Illustration403 1992-12-12 18 Reuter MOSCOW Russian President Boris Yeltsin and his opponents in the conservative Supreme Legislature appeared to move towards compromise late last night to avoid an acute political crisis over who rules the republic, press reports said. Reuters quoted a senior parliamentarian as saying the presidentReuter - 403 words
-
Article, Illustration627 1992-12-12 18 EC leaders want their Maastricht ratification by June Reuter EDINBURGH EC leaders put strong pressure on Denmark and Britain yesterday to ratify the Maastricht Treaty on European union by next June. "It is not just friendly banter when the (German) government says it wants ratification inReuter - 627 words
-
398 1992-12-12 18 Reuter GENEVA Leading steelmaking nations agreed after two days of talks to meet again early in 1993 to try to forge a deal that would end subsidies, the top US negotiator said yesterday. But fundamental differences remain, particularly between the US andReuter - 398 words
-
335 1992-12-12 18 Agencies NEW DELHI Indian Prime Minister P V Narasimha Rao said yesterday that the worst was over following five days of nationwide Hindu-Muslim violence in which about 1,000 people were killed. But at his first news conference since violence began, heAgencies - 335 words
-
390 1992-12-12 18 Reuter TOKYO Japanese corporate confidence plumbed new depths in November, falling to its lowest level since 1975 when the economy was hit by the shock of soaring oil prices, a survey by Japan's central bank showed yesterday. The quarterly report, known asReuter - 390 words
-
244 1992-12-12 18 Bernama-Kyodo, Reuter GENEVA The European Community (EC) asked Japan to further reduce its tariffs at a bilateral meeting on market access issues, as part of global trade talks under the General Agreement on Tariffs and Trade (Gatt), Japanese sources said yesterday. DuringBernama-Kyodo,; Reuter - 244 words
-
Page 18 Advertisements
-
Advertisement122 1992-12-12 18 Every Saturday in Business Times You and your company may have ll l| jj a strong cultural affinity with Mainland China, but this is no substitute for independent, expert analysis of the interplay BUllllrlwilWiW of the complex economic and political ■BfHHH variables that are currently shaping I If Ml] China,122 words
-
Advertisement6 1992-12-12 18 Countering the copycat syndrome, EL 26 words
-
Advertisement15 1992-12-12 18 Every Saturday in Business Times Yeltsin trying to stall referendum proposed by him, Pg 715 words
-
-
Executive Lifestyle
-
Article, Illustration1259 1992-12-12 19 Jaime Ee - If you've always had a sneaking suspicion that Christmas is a commercial scam, read on. Jaime Ee gets the real scoop on Christmas from the man in the flying sleigh himself Jaime Ee IT HAD taken all year, and my credentials had to be checked twice, butHallmark; American Greetings - 1,259 words
-
STRAWS IN THE WIND
-
Article116 1992-12-12 19 A BT journalist browsiog around a wood-carving shop in Sri Lanka recently noticed a tall stack of old copies of The Straits Times at tfce cashier's stand. Apparently, the shops there are supplied with old newspapers from Singapore to use as wrapping paper because they haven t116 words
-
Article59 1992-12-12 19 MOTORISTS going into Regent Hotel in the mornings have been enjoying free parking for some time now. One motorist who couldn't accept the concept of the hotel's generosity asked the attendant one afternoon why parking was free before lunch. "Oh, because they can't find someone to work in59 words
-
Article56 1992-12-12 19 HERE'S a candidate for Boss of the Yean a manager, when told by his subordinate that her husband was critically ill, offered these words of consolation "Don't think too much about it". When finally the husband died, he asked her, "How do you feel?" What did he expect56 words
-
-
OPINIONS
-
821 1992-12-12 20 Brian Gomez - The Philippines, the first Asian nation to win independence from a colonial power, seems to have, at least momentarily, lost its sense of discipline and destiny, says Brian Gomez Brian Gomez The writer is a Sydney-based journalist who has working experience in Singapore. He contributed821 words
-
Article, Illustration1601 1992-12-12 20 John Bittleston - John Bittleston looks at why the country is in such a mess John Bittleston The writer, former chief executive officer of Cerebos Pacific, is a Briton who is now a Singapore permanent resident. He contributed this commentary to BT FEW PLACES in the world are as1,601 words
-
823 1992-12-12 20 Maggie Ford - Maggie Ford suggests ways of curbing the ethnic and religious conflict that now spans the world Maggie Ford The writer is BT's Jakarta correspondent THE current religious-based violence in India is sending shivers down the spines of leaders far away from the subcontinent.823 words
-
Article188 1992-12-12 20 Chin Li Fen - LETTER TO THE EDITOR Chin Li Fen Head, Public Relations Unit Inland Revenue Authority of Singapore PLEASE refer to the letter "Get rid of that stamp" by Denis Distant (BT, Nov 28-29). Stamp duty is payable on various types of instruments specified in the188 words
-
-
EPICURE
-
Article, Illustration568 1992-12-12 22 Jaime Ee - Jaime Ee gets a taste of what's in Violet Oon's new cookbook Jaime Ee HEY say you can lead I an ang moh chef to beM.' lachan, but you can't jLz make him pound it. &niess you're Violet Oon, that is. .Sot only did she make the W<a£n568 words
-
-
CHRISTMAS SPECIAL 1
-
Article, Illustration703 1992-12-12 21 Shahiron Sahari - 'Tis the season when the most placid of colleagues can suddenly go mad with merrymaking. Shahiron Sahari finds out where the wildest office parties are Shahiron Sahari THE office party. The time of year when you have to show your face and let your hair down. And those703 words
-
Article, Illustration784 1992-12-12 21 Caryn James - Moviegoers in the US can expect a stiff and some hoods under the tree this Christmas. Caryn James on how to squeeze some Yuletide cheer out of them anyway Caryn James NYT TWO years ago, the big movie that opened on Christmas Day in the US was aNYT - 784 words
-
Article, Illustration1086 1992-12-12 21 Shahiron Sahari - Shahiron Sahari offers some essential advice on how to stay sane, stretch your dollar and avoid buying presents nobody wants Shahiron Sahari ONE of the great diflicul- dc ties at Christmas time th must be what not to get es someone. There are always gifts th1,086 words
-
Article, Illustration718 1992-12-12 23 N K Yong; Jaime Ee - During this season of feasting, what better gift to bring the food-loving Singaporean then something edible? Jaime Ee and N K Yong suggest what to put into that Christmas hamper N K Yong Jaime Ee WHEN was the last time you dug your hand into a718 words
-
892 1992-12-12 23 CHRISTMAS gifts for wine lovers are easy a bottle or two, or for those with deeper pockets, a case or two, of a favourite wine will never go wrong. Most of the recommendations below deal with champagne as this is still the most popular892 words
-
Article, Illustration760 1992-12-12 24 Susan Tsang - Susan Tsang shortlists some publications worth looking into if you want to give your friends a good read this Christmas Susan Tsang 4| IS THE season of S I good cheer again. I Many find it at the bottom of a cup of eggnog; few would760 words
-
Article, Illustration806 1992-12-12 24 Susan Tsang - What factors should be taken into consideration when buying presents for kids? Susan Tsang has some pointers Susan Tsang At Christmas play and make good cheer F\fr Christmas comes farf once a year. •t CHILDREN applaud it as good advice, but that bit of 16th CenturyToys from Toys R Us. Photos by Lim Seng Tiong - 806 words
-
Article, Illustration669 1992-12-12 25 RINGO LIEW - CD Review By RINGO LIEW WHAT would Christmas be without music? Whether as gifts or as accessories for that dinner party on the 24th, the discs featured here are worth a listen: VARIOUS ARTISTES: A Very Special Christmas 2 This is the second in the series669 words
-
Article, Illustration505 1992-12-12 25 Jaime Ee - Jaime Ee explores the option of shopping via credit card catalogues Jaime Ee YOU've made your list. Checked it five times. Now the only thing between you and that gaily wrapped gift for your mother-in-law is about 5,000 people falling over the Christmas505 words
-
-
PERSONAL FINANCE & INVESTMENT 1
-
Article, Illustration1078 1992-12-12 26 Lee Han Shih - JTOCK Now that Wee Cho Yaw has taken over at the helm of United Industrial Corporation, can minority shareholders expect a rights issue, asks Lee Han Shih Lee Han Shih LIEM Sioe Liong is buying and so is Wee Cho Yaw. So should minority shareholders of1,078 words
-
Article, Illustration435 1992-12-12 26 Goh Hiang Fong - CHART By Goh Hiang Fong The writer is head of research at Lum Chang Securities THE Singapore market is going through a consolidation phase but will find strong support at the 1,400-point level on the Straits Times Industrials Index, after which435 words
-
Article, Illustration744 1992-12-12 26 Shoeb Kagda - China's booming economy is opening up opportunities for savvy investors. Snoeb Kagda reports Shoeb Kagda CHINA is still very much on the minds of fund managers and stockbrokers alike. Though countless number of words have been written about this744 words
-
Article, Illustration1047 1992-12-12 27 Amy Balan - Amy Balan on how to ensure a source of regular income in your old age Amy Balan A COMMON problem retirees face is, what do you do when money a huge sum falls in your lap the minute you turn 55 years? After spending some1,047 words
-
Article906 1992-12-12 27 Salil Tripathi - Salil Tripathi considers the gains an investor can make from speculating on the South African currency Salil Tripathi I o THE South African Government's moves to tighten exchange control regulations is likely to widen the differential between the financial and commercial rand, according to some906 words
-
-
SPORTS
-
SIDE LINES
-
140 1992-12-12 28 GRAND RAPIDS, Michigen Magic Johnson's lawyer on -Thursday asked a federal judge to throw out most of a lawsuit ihat accuses the basketball star of infecting a Michigan woman >ith the Aids virus. Howard Weitzman said his motion for <flsmissal140 words
-
Article107 1992-12-12 28 PARIS The French Formula One Grand Prix has been scratched from the 1993 calendar, motor sports' international governing body (Fisa) announced on Thursday. But the decision made at a Fisa council meeting here did not rule out the possibility of the French Grand Prix being re-scheduled outside107 words
-
Article94 1992-12-12 28 INDIANAPOLIS Goalie Manon Rheaume, the first woman to sign a contract with a professional sports team, will be in uniform when her Atlanta Knights play the Indianapolis Ice (early morning today). The Ice said they were notified on Thursday that Rheaume might play. "We solved the first94 words
-
Article62 1992-12-12 28 'TfiE HAGUE Philips, the troubled Dutch electronics gftwp, has withdrawn its sponsorship of the Olympics. The piaoufacturer, a major sponsor of the Barcelona games, last month announced the first quarterly loss in its 101-year history and had been forced to make across-the-board cuts. But the company denied62 words
-
Article85 1992-12-12 28 MELBOURNE The Australian men's field-hockey team has withdrawn from an international tournament in India because of fears for the team's safety. The Australian Hockey Association (AHA) said here yesterday the Olympic silver medallists were scheduled to play in the Indira Gandhi tour- nament in Bombay from85 words
-
Article99 1992-12-12 28 'BRUSSELS Former world No 1 Mats Wilander was quoted on Thursday as saying he was considering a comeback 'after a year and a half away from the men's professional tennis circuit. "Very often, I tell myself I'm just having a -:KC«k in my career, not a99 words
-
Article75 1992-12-12 28 •CPARIS Finnish drivers Ari Vatanen and Timo Salonen will r-spearhead Citroen's bid to win next month's Paris-Dakar 1 rally. The French marque, which has entered five ZXs for the race which starts on Jan 1, has also poached Hubert Auriol from Mitsubishi. Auriol, who won the75 words
-
-
378 1992-12-12 28 AP WAIKOLOA, Hawaii Cindy Rarick overcame a' four-hole deficit to score a one-up win over Dottie Mochrie on Thursday at the LPGA Match Play Championship. Rarick, the resident pro at the host Waikoloa Beach Golf Club, used her knowledge of the courseAP - 378 words
-
Article356 1992-12-12 28 AP DORADO BEACH, Puerto Rico with three decades of PGA Tour competition and four major championships behind him, there's little chance success will spoil Ray Floyd. But it sure has tired him out. "I'm getting pretty roadweary," Floyd said before a practice round forAP - 356 words
-
Article, Illustration542 1992-12-12 28 Super brat of tennis says he won't be playing any more tournaments AP MUNICH John McEnroe didn't want to make it official, but he left little doubt that one of the great tennis careers was all but over. Saying it was best to go when heAP - 542 words
-
481 1992-12-12 28 AP NEW YORK Lennox Lewis' manager appears ready to accept what he calls an insulting US$3 million (about 554.9 million) offer for his fighter to challenge heavyweight champion Riddick Bowe. It also appears to be a change of heart that will be too late.AP - 481 words
-
Article, Illustration43 1992-12-12 28 NEW YORK New York Knicks centre Patrick Ewing (left) outreaching Charlotte Hornets centre Alonzo Mourning for a rebound in the first period of their NBA game on Thursday at Madisop Square. The two formerly played for (jeorgetown University.43 words
-
314 1992-12-12 28 AP PALM BEACH, Florida The unexpected unanimous decision by the NHL Board of Governors at their annual winter meeting expands£the league to 26 teams. The newest members will begin play either next season or in 1994-95. The California clul), "Disney's first professionalAP - 314 words
-
502 1992-12-12 28 Shahiron Sahari - By Shahiron Sahari SINGAPORE As Arnold Schwarzenegger once put it, if you want to be Mr Universe, you have to have the right parents. So it is with champion race horses. According to Dr Susan Macken, managing director of New Zealand's502 words
-
-
TRAVEL
-
Article1004 1992-12-12 29 City Fight ETA Flight ETO Oty Fight ETA Fight tf» Aba MiaM GA970 0010 SQ111 1705 SQ112 1530 QA976 0025 BR218 1710 MH612 1545 SQ113 1750 MH631 1615 SQ228 2015 SQ671 1810 SQ114 1700 fc—M RJ187 0130 MH644 1825 MH614 1715 AmMM SQ319 0810 KL838 00401,004 words
-
Article, Illustration738 1992-12-12 29 Arnold Wilson - LETTER FROM FRANCE Arnold Wilson SOME skiers steadfastly refuse to try new resorts. They are perfectly happy to return to Saas Fee, Soil, Flaine or Zermatt every year (their privilege of course). There are skiers who have been going to Wengen all their738 words
-
-
Article152 1992-12-12 29 As at 10am yesterday; Local dollars to ooe unit of foreign currency Currencies Bid Offer Australian dollar 1.1266 1.1423 Canadian dollar 1.2725 1.2982 NZ dollar 0.8425 0.8600 Sterling pound 2.5380 2.5737 US doUar 1.6350 1.6420 Local dollar* to 100 units of foreif currency Austrian schilling 14.64152 words
-
Article68 1992-12-12 29 Duration Tide Venue Organiser Td Jan 20-23 Jan 19-24 British Education A. Training Technology International Furniture Fair Barbican Centre, London Cologne. Germany £MAP Intl Exhibitions Ltd, London Metse-und AussteilungsGes.m.b.h. Koln 071-*****47 (49)221/ *****74 Duration Titk Venue Organiser la Jan 25-27 Fishing Exhibition Trenton Centre, International Aberdeen Event68 words
-
TIME OFF
-
Article156 1992-12-12 30 Handel's Messiah Featuring four well-known British soloists: Christine Bunning (soprano), Verona James (contralto), Huw Rhys-Evans (tenor) and Michael George (bass). Lim Yau conducts the Singapore Symphony Orchestra and Chorus. Venue: Victoria Concert Hall. Today. 8.15pm. South Pacific Musical by Rodgers Hammerstein performed by a 41member cast from New York's156 words
-
Article, Illustration347 1992-12-12 30 Yasotha M - Compiled by Yasotha M Treasures of Tibet An exhibition and sale of fabulous carpets, silver and textiles from Tibet. Also on display are paintings by Chinese artists Zhou Jingxin, Wang Mengqi and Chen Danqing of their depictions of life on the Tibetan plateau. Venue: Plum Blossoms, #02-37 Raffles 328347 words
-
-
Article657 1992-12-12 30 ABBA The Movie. In 1977, before music videos, they had footage of a band on stage. Unified by a skimpy plot about a deejay chasing the Swedish group through an Australian tour. Yishun 10: 2.45; 7.10; 11.35. A Few Good Men. Tom Cruise as a navy lawyer in a657 words
-
-
Page 19 Advertisements
-
Advertisement159 1992-12-12 19 I4SHA&EIOAN E I The way of turning shares into —OAEOHi K *****33 *****33 «BK» hl, Bgtf > v^l Available cxchisivcH SINGAPORE Burberry. Main Sbop 455 Orchard Road. •02-42/43/44. Wumi Atria. Singapore 0923. Tel: *****13. Burberryt DAIMARU DFS Orchard HALLEYS ISETAN Havelock ISETAN Orchard NAN HEN LEATHER GOODS SOGO Authorised Deafen159 words
-
-
Page 20 Advertisements
-
Advertisement26 1992-12-12 20 B I welcomes letters from you. Please address them to: The Editor, Business Times, 390 Kim Seng Rd, S'pore 0923. Letters should include your contact numbers.26 words
-
-
Page 20 Miscellaneous
-
Miscellaneous28 1992-12-12 20 POONESBURY GARRYTRUDEAU mvoNeajesnoN itewu wwcr „s~ uer,/us. caucus I KRVUKeeneMVCN neAUX that... ATtoo-t»ms*~ .j locomToPcmßi M y oor o MBAMUG IN !*&>■/ |p~ r-r-C-: MAT lON FOR n rHacHANCe28 words
-
-
Page 22 Advertisements
-
Advertisement280 1992-12-12 22 Nothing Beats A BudTf^^ or |§iß| The Winter 1 Solstice Sjßljfe Festival Brorn the mas l er chefs of Dins f rShan Restaurant in Jiangsu !IB Uj[ in Jp| Province China, come sample 10 bW JjliS varieties of sweet and savoury winter 1 ffi dumplings "Tang Yuan" —at the 111280 words
-
Advertisement244 1992-12-12 22 f" HIGH TEA AT CAE CAROUSEL 1 Adult $1080++ Child S&Bo++ I You'll And the most delicious variety of I dim sum, pastries, nonya kueh and cakes, at our high tea buffet. Only on Saturdays and Sundays from I I 3pm to 5.30pm. f i I (sJafe X Garousel T244 words
-
Advertisement305 1992-12-12 22 WHERE TO WINE, DINE WHETHER rrs JAPANESE OR WESTERN WE SERVE YOU BOTH WITH THE BEST OF US BEEF flHb. 81. oURBb Grilled Tenderloin Steak Shabu Shabu During the months of November and December, Cafe Plaza brings you succulent versions of the meat prepared in two distinct ways at the305 words
-
Advertisement267 1992-12-12 22 Guess Mfrois -Spt^ki/xjrder jfmSanfo ih)6 Christmas? wwfwis, ■> in i We serve the world to you »t Top of the M bfentoariaiavv HI Ordwd «o»d Sn«w>o«»Om W W««ll Saturday Spectacular| t The Saturday Buffet Lunch at Coleman's Coffee House is a weekend treat really worth y V waiting for. This267 words
-
-
Page 23 Advertisements
-
Advertisement180 1992-12-12 23 AND ENTERTAIN Curry Flavours Spice up this Sunday with our potpurri of curries. And our wondrous Salad Bar for a healthy balance! Buffet Lunch from 12 pm at $19.50++ Buffet Dinner from 6.30 pm at $21.00++ For reservation*. pte*se call omAmxTbP 732-1222 extension 1700 7l_^~ GET HIGH THIS CHRISTMAS. Crepes180 words
-
Advertisement62 1992-12-12 23 Refrigerated Wine Cellar 'm Your perfect answer to wine storage in the tropics Model 999 Capacity up to 144 bottles Price: 552,525.00 (inclusive of debuery set up m S'pore 12 months warranty Available ex-stock from the Sole Agent BONIABLE BONTABLE AGENCIES (S) PTE LTD #034)5 Sin Cheong Building 47 Jalan62 words
-
-
Page 25 Advertisements
-
Advertisement8 1992-12-12 25 dMP *B^^K IB V ■HHQfIHLaH //m ■■■■■i' ■^fjW8 words
-
Advertisement5 1992-12-12 25 ->/% 8 Sj li^V^ 2yf\Wm >5|5 words
-
-
Page 26 Advertisements
-
Advertisement43 1992-12-12 26 any JOB. any career. A sq available Any day. ANY Time, anywhere. The STRAITS TIMES THE SUNDAY TIMES BUSINESS TIMES I HHP The new Paper Lianhe Zaobao Lianhe wanbao J 'vjg SHIN MIN DAILY NEWS BERITA HARIAN BERITA MINCCU j) Sktgapon Pr—s Hoktkigs43 words
-
-
Page 27 Advertisements
-
Advertisement29 1992-12-12 27 s&vw* SINGAPORE sswll I .4 RISING I I V SONS I I Available at newsstands from your newsvendor Times the Bookshops For subscription enquiries, call 256 5559 (toll free)29 words
-
Advertisement261 1992-12-12 27 Which Gift Voucher Comes Free With Fixed Deposits? Now* when you open a fixed deposit with Hong Leong Finance or Singapore Finance, you'll get Premium Gift Vouchers FREE. This is how it works: For every $2,000 deposited for 12 months, you'll get a $10 Premium Gift Voucher Place it for261 words
-
-
Page 29 Advertisements
-
Advertisement45 1992-12-12 29 Finnair Business Class Speed, Comfort and Space Fly Finn air's new wide bodied MD-11 to Europe and find out why long hauls are a thing of the past. Call your travel agent or 733 3377 for more details. know the world from start to Finnish.45 words
-
Advertisement24 1992-12-12 29 For further information on which newsstands carry Her World, Go, Singapore Business, Home Decor, Young Parents, please call our Customer Services Section on 749-257724 words
-
Advertisement65 1992-12-12 29 "I have lost my arms... I write with my mouth, load a gun with my feet and throw grenades with my legs. I am happy and will be happy j; till I die." This is the commitment typical of Tamil guerillas fighting a long and bloody war for a separate65 words
-
-
Page 29 Miscellaneous
-
Miscellaneous239 1992-12-12 29 1 Paid to have come to rest 6 Rod used to perform mag10 Gloucestershire point-to-13 Group about to return to L«J ■Fs 15 A bird or two are able to U U |M be heard 16 A shady walk back by 17 Mil I J southern animals (6) ___J_J^^ 17239 words
-
Miscellaneous164 1992-12-12 29 Singapore Outlook: Occasional showers from late morning till early afternoon. Report: Maximum temperature 30.6 Assoc humidity 74% Minimum temperature 25.0 Assoc humidity 96% Hours of sunshine 4.30 Rainfall in mm Nil Rainfall this month 278.0 Rainy days this month 9 World report Asia-Pacific Hi/Lo* Cond. Auckland 24/18 Cloudy Bangkok 33/25164 words
-
Miscellaneous26 1992-12-12 29 k,!.Uii.M>BB!WHW CwJ'tA NOW HCRRTHIS IhIQCO ,:*J ThouTmnmS 31 \s.-r#sMD WfcflßTVMsl -jgstist,gg&g# W \j*fe cgggi. cohoiht-^^ aft e associated newspapers lto, immms LIWW H 9 °~P r_26 words
-
-
Page 30 Miscellaneous
-
Miscellaneous1531 1992-12-12 30 TODAY'S TV ur Choice) IS-S Bwwy I l| 9.00 Tennis XI Mat** Cup 1992 V^SSdS^ Silk Stockings, Hillary's Adventurers, lpm, 12.05 AM ciom. JJ JSJJSJoS) SBC 12 SBC 5 PM Kelab Rem*a AngkaThis stylish musical remake The World's Highest Balloon core ypnri (M, L). of Garbo's Ninotchka was di- Festival,1,531 words
-
Miscellaneous619 1992-12-12 30 Get Carter, Mm, 3.00pm, bare fists and beats Chuck SBC 5 Norris, among others. Michael Caine as a London 10.30pm, SBC hood who goes to Newcastle to sort out his brother's Two convicts go into death. John Osborne (the a motel and relieve its ownplaywright) as the local crime e619 words
-