The Business Times, 10 September 1988
1988-09-10
1
20
https://www.nlb.gov.sg
https://eresources.nlb.gov.sg/newspapers/browse/biztimes
The Business Times
-
Title Section12 1988-09-10 1 BUSINESS TIMES MCI <P> 95/12/87 Weekend Edition, September 10-11 1988 75 CENTS12 words
-
Article244 1988-09-10 1 AFP Dow Jones lower NEW YORK prices moved lower in early trading yesterday as investors shied away from taking major positions before the weekend. The Dow Jones Industrial Average dropped 12.62 points to 2,050.50 in the first hour of the session. Before the market opened, the LabourAFP - 244 words
-
159 1988-09-10 1 THE US DOLLAR slipped initially in New York yesterday but soon recovered to remain unchanged on news that the US Producer Price Index in August went up by 0.6 per cent, which was higher than expected. Prices of US Treasury bonds declined.159 words
-
466 1988-09-10 1 LEONG WEN WAH - By LEONG WEN WAH FINANCE MINISTER Dr Richard Hu last night announced plans to improve the government accounting system through the use of management accounting techniques. He said this improved system would permit government departments to "identify and monitor the true466 words
-
Article, Illustration217 1988-09-10 1 REGIONAL MARKETS eased yesterday as investors held back in anticipation of US inflation indicators due later in the evening. In Singapore, share prices lost some ground in response to a weaker close on Tokyo as investors worry about the performance of the217 words
-
Article, Illustration501 1988-09-10 1 CORRINA LIM - Offer of 8 million shares at 900 each expected By CORRINA LIM UNDAUNTED BY the lukewarm response to two public offers which closed this week, upmarket watch and jewellery chain The Hour Glass has decided to brave the waters and float its501 words
-
321 1988-09-10 1 KEVIN GWEE - By KEVIN GWEE ENCOURAGED by the tremendous response to the flotation of its Hongkong operations. Japanese department store chain Yaohan is planning to list its operations in Singapore, Malaysia and Taiwan. The group is expanding its presence here through the setting up321 words
-
182 1988-09-10 1 Reuter SHARPLY-HIGHER energy prices caused US inflation at the wholesale level to climb 0.6 per cent in August after rising 0.5 per cent in July. Excluding the volatile food and energy components, the US Labour Department s producer price index for finished goodsReuter - 182 words
-
114 1988-09-10 1 Reuter FOREIGN exchange dealers in Kuala Lumpur say Malaysian banks have been directed by the central bank not to sell ringgit to specific offshore banks it believes are trying to cover their positions after having sold heavily the ringgit on speculation. The foreignReuter - 114 words
-
Page 1 Advertisements
-
Advertisement233 1988-09-10 1 Nikon The World's Finest Photographic System. Full report, PAGE 16 Reg mkts, PAGE 18 World mkts, PAGE 19 BT on Saturday: 6 An old shield for the young Aiwa Singapore 2 A third factory to boost output Letters to Editor 6 On politicians, British universities, Gleneagles Hospital Gold in Johor233 words
-
Advertisement168 1988-09-10 1 Nikon Ths World's Finest Photographic System. Fish fetish Page 7 rv PSOAS I InVtl Tasting that forbidden fruit Page 7 French paintings; Water-colours for a cause Page 9 Watered-down Woody Allen Page 9 Mtoctafs caratr Ming appeal Page 11 Glorified TV cop show Page 11 Opera Voices for Madame Butterfly168 words
-
-
HOME NEWS
-
Article, Illustration551 1988-09-10 2 ANDREW RAJKUMAR - Company opens third factory in Singapore By ANDREW RAJKUMAR AlWA's newly opened $20 million factory in Jurong its third in Singapore will enable the company's output of printed circuit and audio equipment to hit the half-billion-dollar mark this year This compares with sales worth551 words
-
114 1988-09-10 2 LABOUR MINISTER Lee Yock Suan said yesterday workers should be rewarded this year for past sacrifices which have helped to overcome the recession." To protect jobs in a future recession, which must come sooner or later, our wages must be adjustable downwards during a114 words
-
364 1988-09-10 2 AN AMERICAN high-technology manufacturer of optical and elec-tro-optical components for laser applications is setting up a plant in Singapore next year to produce laser optic components 11-IV Incorporated, a company listed on the over-the-counter Nasdaq market, announced in Pittsburg that364 words
-
268 1988-09-10 2 SINGAPORE'S top 500 companies increased profits by 65 per cent to $3 3 billion although sales only rose 2 4 per cent to $54 5 billion in the year ended June 1987 compared with the same period in 1985/86268 words
-
Article, Illustration379 1988-09-10 2 THE NEW PAPER'S circulation sales are encouraging but "full advertising support is not yet forthcoming", said The Straits Times Press director and group general manager Denis Tay. Mr Tay also said that by the end of this month. The New Paper will be379 words
-
224 1988-09-10 2 CHANGI AIRPORT'S two i terminals one of which j is still under construction and its two runways will be able to cater for the sharp surge in aviation activities until 2010. Mr Bong Kim Pin, assistant director for projects of the Civil224 words
-
Article1334 1988-09-10 2 AT CONVENTIONAL WHARVES Vessel Bertti Arrival Departure KEPPEL WHARVES A<Jhi 8cvomer K20 alongside 10 09 2300 Coly K30 alongside 12 09 2300 Eastern Glory K27 alongsKje 1009 1800 fengta KI5 oongsioe 20 09 2300 f rotano K36 alongside 1109 0600 Gold Varda K26 olongside 1009 0600 Jinsha1,334 words
-
-
Page 2 Advertisements
-
Advertisement329 1988-09-10 2 The University of Melbourne MBA Leadership in Management The Graduate School of Management is a national management school based in Melbourne Its graduates have a record of success and leadership in the management of business and public organisations Key Features Two-year full-time program of intensive study in general management Blends329 words
-
Advertisement12 1988-09-10 2 AA^T" i I W I anage BT shows you how every Monday.12 words
-
-
Page 2 Miscellaneous
-
Miscellaneous93 1988-09-10 2 ///2S Max/ Min (°C) 23/16 24/12 28/19 38/29 34/26 30/25 26/17 30/25 24/13 21/09 31/29 unov 23/15 26/08 20/14 i 18/07 36/23 14/05 19/01 27/17 25/07 20/10 31/26 20/16 22/09 23/14 31/25 20 08 21/06 31/27 34/25 37/26 22/15 34/24 29'17 27/09 14/10 < 32/23 17/12 < 37/22 < 23/1693 words
-
-
OVERSEAS
-
367 1988-09-10 3 UPI INDONESIAN garment manufacturers have been advised that the best way of securing their stake in the US market is to buy shares in American companies that buy from them Last year, the US bought about US$6OO million worth of merchandise from IndonesianUPI - 367 words
-
Article, Illustration201 1988-09-10 3 IHT THE PRESIDENT of the Bundesbank, Karl Otto Poehl, said on yesterday that he expected neither a currency realignment in the European Monetary System nor major changes in international monetary policies in the short term. Speaking at a press conference yesterday after aIHT - 201 words
-
Article889 1988-09-10 3 i ARRIVALS Operator Service Local From 1 number time i CI806 1000 CGK GIA GA960 1100 CGK SIA SO 105 1105 KUL RBA BI421 1130 BWN TMA TL361 1130 BEY/SHJ SIA SQ201 1145 CGK GIA GA940 1150 MES THA TG403 1 155 BKK SIA SQI91 1155 PEN889 words
-
186 1988-09-10 3 AP THE CREATION of a single European market in 1992 will not undermine the national identities of the 12 member-countries of the European Community (EC). Jacques Delors. president of the European Commission, promised delegates to the British Trades Union Congress s annual conference onAP - 186 words
-
182 1988-09-10 3 AFP THE SOVIET Union will save 300 million rubles (US$4BO million) as a result of the Intermediate-range Nuclear Forces (INF) accord, Soviet academician Boris Ponomaryov said. The Soviet Union began destroying the missiles with a range of up to 5,000 km last month. AAFP - 182 words
-
Article129 1988-09-10 3 FT THE INDIAN ECONOMY should achieve its highest growth rate this year in well over a decade, with real gross domestic product rising by 9 per cent, the Reserve Bank of India predicted on Thursday. The forecast is in line both with unofficial estimates by theFT - 129 words
-
259 1988-09-10 3 AP US BUSINESSES plan to increase capital spending by 116 per cent this year, the US government said on Thursday The boom in capital investment this year has been one of the main forces driving the US economic expansion The demand is comingAP - 259 words
-
236 1988-09-10 3 Reuter THE US. Japan and other Asian countries should not try to form a closed economic region by taking discriminatory measures against outsiders, the Bank of Japan has said in a report on Thursday. The growth of exports and imports of AsianReuter - 236 words
-
493 1988-09-10 3 Reuter PROPERTY TRANSACTIONS, often viewed as a barometer of economic activity in Hongkong, slowed markedly in August as buyers turned cautious after local interest rate rises, property consultants said According to monthly statistics published by the government. the value of transactions registered at theReuter - 493 words
-
Article68 1988-09-10 3 Reuter NORTH KOREAN President Kim 11-sung has said that he wanted Pyongyang to develop economic and technical links with capitalist countries, without having to establish diplomatic relations Speaking at a meeting to celebrate the 40th anniversary of his communist government on Thursday, Mr Kim said:Reuter - 68 words
-
208 1988-09-10 3 AFP, Bernama A GROWING number of South Korean firms, including footwear, garment and toy manufacturers, are closing their factories in Seoul and relocating in other Asian countries Trade and Industry Ministry officials said that small- and me-dium-sized firms opened 10 factories in Indonesia at aAFP,; Bernama - 208 words
-
-
Page 3 Advertisements
-
Advertisement54 1988-09-10 3 'I V II Jjf \l\ fIU T he business person's choice, eve' j I |rC| I J I I Tuesday. rturdoyftnd I 1 \1 Fl I 1 I Surday Leaving Chang, A.-port a' -L A _L _1_ B International Airport the 'ollow.ng day Call /ou' Tra/ei Agprt or A'' Canada54 words
-
Advertisement125 1988-09-10 3 r j'Burberrysr'i y > 6 r% a i i of iokoox rfWWWV%VW>iVyyvwyyvwyvy»VN\ AntbiTLfi l Dealers: E\R MV* jWWAU< h i.t ut! i Kß,) 7> tY IVs A.«>." METRO (MAX!) I A 'CKV PLVA ROBIXSOXS SiHk) f/f IJ< PTE 11) U \THFR ;V //A 4 //LU,/ ,//VV,/r/ tXAWC HMJJE.YS DEP.\RT.UEXT STORE.125 words
-
-
Page 3 Miscellaneous
-
Miscellaneous69 1988-09-10 3 Doonesbury UJE'RE KIND OF 3USY HERE-, DANNY... HEY. PANNY! m mtf Wk M mtss WHAT ABOUT DANNY, SIR*H5 SURE AS HECK UXXJLVN7 OVERSHADOW A UH... YOU SURE* Ml n A BY GARRY TRUDEAU /iH/tr'c WE-RB PICKING A mats running Mm, dan. v 0 0 600YBR AND STAND NEXT 70 THE69 words
-
-
MONEY AND EXCHANGES
-
207 1988-09-10 4 FT THE FRENCH government is to become the first sovereign borrower to sponsor a programme of American depositary receipts, allowing its bonds to be quoted on the New York Stock Exchange The receipts, which allow US investors to trade the underlyingFT - 207 words
-
Article59 1988-09-10 4 THE OVERNIGHT rate on the Singapore money market rose 1/4 point yesterday to close at 5%. One-month fell by 15/16 points; two and three-months fell 1/16 points S$ Interbank rates at the close yesterday: Of F« BID Ov»f5 3/8 1/4 -monfh 5 4 7/8 2-mowti 5 |/16 459 words
-
Article110 1988-09-10 4 Treasury bills Period Issue Yesterday's closing Day's code Maturity BID OFFER HIGH LOW 3 months BQ*****V 8.12.88 4.57 4.52 6 months BY*****T 24.11.88 4.57 4.52 1 year BY*****S 20.07.89 4.63 4.58 Government notes and bonds Period Issue Maturity Coupon Yesterday's closing Day's code rate RID OFFER HIGH110 words
-
Article, Illustration191 1988-09-10 4 Indicates the average of the prime lending rates of 12 major banks in S'pore Interbank market rates (offer/bid) on Sep 9 us$ DM SWFC Yen 7 days 8 l/B 8 10 1/4 1/8 4 15/16 13/16 2 7/8 5/8 4 3/8 1/4 1 mffc 8 5/16 3/16191 words
-
Article225 1988-09-10 4 IMM currency futures closed moderately lower on Thursday after trading in a narrow range and thin volume ahead of the release yesterday of US producer prices for August Prices were above their opening range and rallied slightly to near the highs of the day towards the close after US225 words
-
Article210 1988-09-10 4 ASIAN DOLLAR deposit rates ended at opening levels yesterday. US$ OfFfR BID 7 doyi 8 3/16 8 1/16 1 month 8 3/8 8 1/4 2 months 8 3/8 8 1/4 3 months 8 7/16 8 5/16 6 month* 8 3/4 8 5/8 9 months 8 13/16 8210 words
-
Article228 1988-09-10 4 Gold futures on Sep, 8 1988 100 troy ounces USS pet troy ounce Op«n High Low S«m« s*p 428 80 ♦0.7< Oct 430 00 431 00 430 00 430 80 0.6< Nov 433.50 0 6( Doc <35 50 436 50 435 40 436.30 0 6< fob 441228 words
-
420 1988-09-10 4 FT THE EUROBOND business is deeply divided in a debate over underwriting fees which boils down to who should foot the bill when new issues flop. The International Primary Markets Association's market practices committee is scheduled at a meeting later this month toFT - 420 words
-
Article570 1988-09-10 4 Reuter EURODOLLAR futures closed higher on weekend book-squaring and shortcovering in quiet and cautious trading on Simex yesterday Dealers said the market was awaiting the release at 1230 GMT of the US August producer price index, forecast to show a rise of 0 5 per cent, the same asReuter - 570 words
-
Article1592 1988-09-10 4 CURRENCY FUTURES OPTIONS Friday, Sep 9, 1988 DEUTSCMEMARK (SIMEX) Sep M call* High Low SO 52 53 l308 54 308 55 56 57 58 to Salt 125 25 High *p 88 put Low 69A 169A 8 Son 75 175 63 875 St 52 54 55 High 113 60 Oct1,592 words
-
197 1988-09-10 4 UPI JAPANESE commercial banks are studying the partial sale of their Brazilian debt to a company established by them last year to deal with high risk loans to indebted Third World countries According to a banking source on Thursday "We have been studying theUPI - 197 words
-
-
Page 4 Advertisements
-
Advertisement160 1988-09-10 4 V r. CB -4 r "> trim* <■ a |Ss*» ,v- /< m 8 at the Taikan-En's Mooncake Festival Set Dinner. What with nine courses of traditional autumnal tare ending on a sweet note of home-made mooncakes. And washed down with a 4 cuppa of your favourite blend «#|7 of160 words
-
-
BANKING AND FINANCE
-
Article837 1988-09-10 5 OCBC. Reuter SINGAPORE: The US dollar yesterday closed easier against most major currencies Against the local unit, it closed weaker at 2 0365/75 after trading within a range of 2.0345 and 2 0380 "The dollar is likely to fall to 1.80/1.81 marks before the release of July USOCBC.; Reuter - 837 words
-
Article235 1988-09-10 5 Interbank rates at 3pm yesterday: Currencies Nominal rales Smithsonian BIO OFFER cross parity change Local dollars to one unit of foreign currency: US dollar 2.0365 2.0375 2.8196 -27.77 Sterling pound 3.4671 3.4708 7.3469 -52.81 Australian dollar 1.6404 1.6432 3 4286 -52.16 NZ dollar 1.2677 1.2703 3.4286 -6303 Canadian235 words
-
553 1988-09-10 5 FT JAPANESE BANKS are planning to liberalise their short-term prime lending rates, in one of the most far-reaching moves so far in the deregulation of the Japanese financial markets. The banks intend to link short-term prime rates to money market rates instead of tieingFT - 553 words
-
315 1988-09-10 5 Bernama MALAYSIA'S Deputy Prime Minister Ghafar Baba has reiterated that there was no evidence of capital flight from the country and that, on the contrary, there was a net inflow of Msl 5 billion in corporate investments last year He saidBernama - 315 words
-
Article126 1988-09-10 5 NYT THE CHAIRMAN of the US Federal Home Loan Bank board told Congress on Thursday that the agency would put a cap of US$l6 billion on the amount of promissory notes that would be issued to guarantee the assets of insolvent savings institutions The statementNYT - 126 words
-
-
COMMODITIES
-
Article179 1988-09-10 5 SINGAPORE: Oct RSS One buyer was quoted at 240 00 cents a kg yesterday. On the TSR-20 market, prices were little changed from the firmer midday levels. Oct buyer was quoted at 220.50 cents a kg. up 1.50 cents from Thursday's finish. No Inro activity was detected in Singapore179 words
-
Article271 1988-09-10 5 R AS prices in S cents/kg, FOB In bales NOON CLOSE Buyers Sellers Buyers Sellers lot 1 RSS Prompt 239.50 240.50N 239.00 240.00N Int 1 RSS Oct 88 240.50 241.50N 240.0C 241.OON Int 1 RSS Nov 244.50 245.50N 244.00 245.00N Int 2 RSS OP 236.50 238.50N 236.00271 words
-
Article81 1988-09-10 5 (cenfs/kg) OCTOBER 1988 NOVEMBER 1988 RAS SSR 20 SSR 50 MRELB SMR CV SMR L SMR 5 SMR OP SMR 10 SMR 20 SMR 50 (current month) NOON Buyers Sellers 220.00 *****N 218.00 220.00N Buyers Sellers 350.00 352.00N ***** 342.OON 289.50 291.50N 31 3.OON 285.00 287.00N 282.5081 words
-
Article147 1988-09-10 5 STRONG selling yesterday ahead of the weekend reflected the absence of fresh demand and weakness in Europe. The tin price fell 16 cents to M 519.55 per kg. Turnover fell io 50 tonnes against 51 on Thursday. No rationing was noted. Sentiment on the Kuala Lumpur tin futures147 words
-
Article438 1988-09-10 5 MALAYSIAN CRUDE PALM OIL FUTURES closed slightly stead.er in quiet trading on the Kuala Lumpur Commodity Exchange yesterday. Sentiment was strengthened by the firmer Chicago soybean oil market Short covering occured in the afternoon and brought prices to a steadier close later. Spot month September increased Mss to438 words
-
Article89 1988-09-10 5 FUNDAMENTALS are now taking a back seat to crude prices which are being closely watched by traders Closing prices for crude (FOB origin) USS/borrel Change Topis (S«p) 14.25 -0.10 Minos (Sep) Dubai (Oct) 11.78 +0.10 West Texas Intermediate WTI (Oct)* 14.47 0.22 New York close previous day.89 words
-
Article241 1988-09-10 5 Chinese Produce 110 FOB NSW 1339.00 A-1 Special 238 Exchange BWP FOB NSW 1091.00 C-1 Special unq Sellers' noon doting prices on Gambier C-l Ord unq Sep 9 (SS/100 kg) FOB NSW 190.00 Loonzain Rice Coconut oil Bulk FOB Old drum FOB 118.00 128.00 FAMA Closing prices on241 words
-
Article323 1988-09-10 5 London OF UK/Rotterdom (1349/1349.5) Commodity Pvrha unq (unq) M'sion Sumotron crude Settlement Tone: 1387 (1389) Soles: (7327) UAVI IQII^C OF UK/Rotterdom Copper Standard Buyer/Seller closing prices on Sep 8 (£/tonne unless Sep Oct 432.5*lr (435slr) Nov 435$lr(437.5slr) Cosh 1310/1320 (1305/1315) specirieaj. Dec 440»lr(440$lrl 3-months 1305/1315 Previous closing prices323 words
-
Article94 1988-09-10 5 SOFT RED winter wheat futures closed with extended losses of 5-1/2 to 2-1/2 cents a bushel on the Chicago Board of Trade on Thursday December settled off 3-1/2 cents at US$4 23 Traders said late mixed profit-taking pressured prices A rally m Soy Com- plex futures also failed to94 words
-
Article375 1988-09-10 5 HONGKONG: Gold closed slightly higher in quiet and slow trading due to a lack of fresh factors yesterday Dealers said that many traders were sidelined ahead of the release of the US Producer Price Index for August which was due yesterday. Bullion ended at US$42B 70/429.20 an ounce375 words
-
Article113 1988-09-10 5 SOYBEAN FUTURES rallied to close on or near session highs with prices up seven to 15 cents a bushel on the Chicago Board of Trade on Thursday November was settled seven cents higher at USS9 05 and posted a 19cent range on the day CBT soyproduct futures closed on113 words
-
-
PERSPECTIVE
-
Article508 1988-09-10 6 WHILE visiting Moscow soon after the Chernobyl accident in 1986, Sir Frederick Warner, a 78-year-old teacher of chemistry and law at Essex University, had an idea on-site investigation of nuclear disasters should be done by the old, not the young. "I thought of some508 words
-
Article, Illustration698 1988-09-10 6 HO WAH FOON - Droves of prospectors have rushed to the Malaysian state ot Johor in search of gold. Despite threats by authorities that they will be shot if they are caught panning on government land without a licence, villagers have not been deterred. That elusive panReuter - 698 words
-
284 1988-09-10 6 LAM PECK HENG - Letters to the Editor LAM PECK HENG Dear Sir I refer to the article, "A message that must be heeded in BT on Sep 6 May I congratulate Margaret Thomas on an insightful piece of analysis which clearly proves that the standard of journalism in Singapore284 words
-
206 1988-09-10 6 D W DISTANT - D W DISTANT Dear Sir First of all. I must say a thank you for the Bonds. Loans and Warrants table, an important feature we missed until recently, and it's nice to see you find a space to print it every day. I206 words
-
664 1988-09-10 6 DEREK LEE - DEREK LEE Dear Sir I was roused by the recent issues regarding the standards of British higher educational institutions In Singapore, like many countries which have no more than two universities, the criterion for admission into the NUS is without doubt good A'664 words
-
151 1988-09-10 6 EXPERTO CREDE - EXPERTO CREDE Dear Sir, Back in 1982. the Minister for National Development announced a scheme whereby owner-occupiers of properties which were their only homes and whose properties were acquired by the government would be paid additional money in order to bring the amount of151 words
-
214 1988-09-10 6 ALFRED TAN - ALFRED TAN Dear Sir We have a modern city but on the contrary, most of the detached houses are old and in poor condition This is because the owners find it unattractive to rebuild them. When you want to tear down214 words
-
110 1988-09-10 6 DR RONNIE TAN - DR RONNIE TAN EXECUTIVE DIRECTOR GLENEAGLES HOSPITAL Dear Sir With reference to your article, Gleneagles to embark on 5100 m expansion", which appeared on Sep 7. I would like to Clarify one important point. The hospital has received mprmcipie approval from the relevant building110 words
-
-
Page 6 Advertisements
-
Advertisement372 1988-09-10 6 THE COLUMNISTS Patricia M Scherschel Executive Editor Finance is second nature to her From the home of the US News and World Report to the shores of Singapore, she can probably guess your weight in gold Lee Han Shih Journalist. A man of property Little can happen to alter our372 words
-
-
Executive Lifestyle
-
Article261 1988-09-10 7 ONE VOTER was said to have taken half an hour to cast his vote last Saturday. When asked why, he retorted: "You think it is so easy to draw a hammer ah?" "MY CHOICE, the PAP," an elderly man told his family after he voted. But261 words
-
Article, Illustration1078 1988-09-10 7 CHRISTOPHER TAN - By CHRISTOPHER TAN TROPICAL FISH hobbyists have come a long way. Gone are the days of the solitary goldfish bowl housing orange balls with fins that live only as long as it takes for the water to turn green. And rare is the sight of those large iron-frame1,078 words
-
Article, Illustration839 1988-09-10 7 MONICA GWEE - TIM/vA- With MONICA GWEE IN A SMALLISH college town in America, population 110,000, the standing joke surrounding new Singapore male students is about where they all seemed to end up within their first week of arrival. It was not the football field, the authentic Chinese restaurant839 words
-
Executive Lifestyle: Entertainment, the Arts & Pursuits
-
Article, Illustration624 1988-09-10 8 CHUANG PECK MING - BOOKS By CHUANG PECK MING Einstein's Monsters By Martin Amis Penguin Books 132 pages Si6Bo More Die of Heartbreak By Saul Bellow Morrow 335 pages, U5517.95 (Or Dell; 422 pages; $13.90) EINSTEIN'S MONSTERS announces Martin Amis' new interest in nuclear weapons but. hopefully, it will624 words
-
-
Executive Lifestyle: Entertainment & Pursuits
-
747 1988-09-10 9 N K YONG - Offline By N K YONG A FEW days ago I opened a bottle of Ch La Fleur Petrus. Pomerol, 1970, thinking that a Pomerol at 18 years old should surely be ready. The year 1970 is an excellent vintage, the747 words
-
Article, Illustration423 1988-09-10 9 CHARLES SAVAGE - ART By CHARLES SAVAGE NINE FRENCH ARTISTS have decked out Hyatt's mezzanine floor in a riot of summer colours, and all 68 pieces are a sensuous treat. Until tomorrow, the area is full of movement and colour the works a happy423 words
-
Article412 1988-09-10 9 EIGHT-MONTH-OLD Tasneem Babu needs a liver transplant and she has found unexpected friends in the Hilton Hotel and artist Tay Bak Koi. The Hilton had 70 paintings, the last of 310 paintings, it was planning to sell at the end of the year after412 words
-
Article, Illustration922 1988-09-10 9 RICHARD SEAH - HEALTH By RICHARD SEAH PLANS get changed. I went to the book fair at the World Trade Centre on Thursday intending afterwards to write an article which starts off saying "Forget the major distributors and bookstores if you want to shop for health books at922 words
-
457 1988-09-10 9 JAIME LYE - DRAMA By JAIME LYE FIRSTLY, it was the name Woody Allen that was the drawing factor for Mandarin Hotel's latest cocktail/dinner theatre offering Don't Drink The Water. Secondly, it was the curiousity aroused by this little-known play of his (at least in457 words
-
Article, Illustration2340 1988-09-10 12 LEE HAN SHIH - The stars don't lie or do they? HOROSCOPE By LEE HAN SHIH THROW OUT that daily astrological forecast in the papers. Forget about Linda Goodman and company who keep telling you that you are about to meet an attractive, artistic and successful person of the opposite sex. When was the2,340 words
-
Article, Illustration591 1988-09-10 12 Mike Thumba - Bridge By Mike Thumba IN THE Pesta Sukan Bridge Tournament held last month, the first event was the "mixed pairs which was won by Jerry and Pam Hines from Bandung, Indonesia, followed by our Singapore pair, Mrs Sybil Holloway and S K Datta591 words
-
Article909 1988-09-10 12 Sakina Dhilawala - Compiled by Sakina Dhilawala CINEMA: Aster ix vs Caeaar. Showing at Cathay: 11; 1; 3; 5; 7. Like Father Like Son Dudley Moore and Kirk Cameron. Showing at Cathay: 9.15pm. Big starring Tom Hanks. Elizabeth Perkins, Robert Loggia and John Heard. Showing at Orchard: 11; 1.30; 4; 6.30; 9.15.909 words
-
-
Executive Lifestyle: Pursuits
-
Article, Illustration623 1988-09-10 11 SANGEETA MULCHAND - OPERA By SANGEETA MULCHAND Madame Butterfly Stamford Ballroom, Westm Plaza Hotel Sep 14 and Sep 16 Tickets at $110 nett OPERA SINGER April EvansMontefiore is used to dying. The soprano has the kind of voice that inevitably dies at the end of the opera.623 words
-
Article, Illustration1198 1988-09-10 11 LINDA CHEE - COLLECTING With LINDA CHEE EVER SINCE the Western world discovered the wonders of early Chinese porcelain. Ming wares have dominated Oriental art auctions the world over Two deals are worth noting $2 8 million for an underglazed red dish from the famous T Y Chao collection in 1986.1,198 words
-
903 1988-09-10 11 Roger Loh - rl* eV/ V^ Roger Loh MANY YEARS AGO. a third-rate nightshift disc-jockey correctly announced that the two-and-a-half-minute single was the most potent rock 'n' roll medium. This came at a time when radio stations were playing whole sides of Pink Floyd, Tangerine Dream and Mike903 words
-
Article, Illustration480 1988-09-10 11 JAIME LYE - CINEMA By JAIME LYE THE EVENTS and situations are the same. Only the names and the places have been changed to fool the stupid. That more or less describes the letdown that the promisingly titled Presidio turned out to be Some people480 words
-
-
Executive Lifestyle: Personal Investment
-
Article, Illustration1065 1988-09-10 13 WORLD MARKETS FT TIRED OF dreary, established stock markets and looking for action? How about Zimbabwe and Finland? The markets in these two countries, along with Argentina. Brazil, India, Indonesia. Japan, Kenya, South Korea and Sri Lanka, posted record highs in the firstFT - 1,065 words
-
207 1988-09-10 13 ART Sotheby's Research Department THIS WEEK, the focus is on the two silver sectors of the Sotheby s Index English Silver. The top end of the market has been firm for some time, and last season s sales in London reinforced this trend InSotheby's Research Department - 207 words
-
Article, Illustration717 1988-09-10 13 RAMESH CHANDIRAMANI - ECONOMIC FORECASTING By RAMESH CHANDIRAMANI ALL THE TALK and anxiety about rising inflation and interest rates have frightened investors into expecting another global stock market crash, or at least a deep move down. But are they alert to the opposite possibility of sudden big moves on717 words
-
235 1988-09-10 13 CORRINA LIM - COMPETITIONS by CORRINA LIM IN KEEPING with the quiet tone of equity markets, the leading participants in the Great Investment Race held a low-key investment profile. As a result, the portfolio values of the top three crept only marginally higher. Algemene Bank Nederland NV retains235 words
-
Article, Illustration450 1988-09-10 13 Ramesh Chandiramani - mmi? by Ramesh Chandiramani MANY PEOPLE don't understand why the local market has been behaving so listlessly, and why it appears uncertain whether to go up or down. As a result, many have withdrawn to the sidelines to wait it out till the450 words
-
450 1988-09-10 13 KEVIN GWEE - KEEPING TRACK By KEVIN GWEE ANXIOUS equity investors breathed a sigh of relief last week when the US employment report showed a downtick. A 0.2 percentage point increase in the unemployment figures suggests a slowdown in US economic growth and hence inflationary pressures as450 words
-
-
-
Page 7 Advertisements
-
Advertisement25 1988-09-10 7 60 years ago, Dunhii id i! 't 71 \7i D 7 Luci MottiLiySun cowoisse r KS F O K COLLECTORS 1 created their own timepieces.25 words
-
-
Page 8 Advertisements
-
Advertisement329 1988-09-10 8 Where to entertain... Where to entertain... Where to entertain... Where to A Family Eating Affair Give yourself and your family a treat this Sunday and indulge in sheer eating pleasure. Our Baron's Sunday Buffet is a potpourri of impeccable local and western cuisines. For the young ones, we have specially329 words
-
Advertisement135 1988-09-10 8 MALAYSIAN HIGH TEA ONLY $7.00++ v H#*" X r- 1 Try Something Malaysian Stvle 'HIGH TEA" From three to m\ every afternoon u>ur choice of 15 Buffet spread of delicious Kueh Lapis. kueh Dadah. Mee Siam. Kueh Kuchee. Agar Agar Gundil. Bubor Hitam. Gula Melaka and manv more Unlimited servings135 words
-
Advertisement240 1988-09-10 8 THE MOST WONDROUS BUFFET LUNCH IN TOWN Enjoy a gourmet buffet luncheon at an ungourme' price l For starters take your pck of our cold dishes prawns on tee fresn oysters smokea salmon melon ana ar>ed ham vegetable terrme rrnxea seatooa saioa cooked assorted vegetables ana nomemode dressings Select you'240 words
-
Advertisement201 1988-09-10 8 SUNDAY FAMILY LUNCH Bring the family for a tabuJous meal of fresh seafood and Chinese dishes from our a la carte menu. At a generous 25% off the bill. But only on Sundays between 11.30 am and 2.30pm. And for a limited penod. Plaza Hotel iMCfAoad Soot«o7l9Tw *****11 m m201 words
-
Advertisement312 1988-09-10 8 The Mandarin goes Filipino! x F rom September 7-11, TLp There'll be fashion cultural dancers from inlllPplflCS w nrcT/ the Manila Metropolitan CIlC' IVV Dance Theatre, top l^m. models with clothes ICI A K ir\C from renowned fashion designer Vincent Wilwayco. Exhibitions of Philippines Food Producers, not forgetting three Master312 words
-
-
Page 9 Advertisements
-
Advertisement224 1988-09-10 9 fHfFftctin.... <^riU E i f n Sunday Brunch: A great family outing It's a wonderful way to combine a late breakfast with an earty lunch on a lazy Sunday Sausages, bacon, eggs any way you want them oysters, smoked salmon, tasty entrees, roast right through to pastries, puddings, fruit salad224 words
-
-
Page 10 Miscellaneous
-
Miscellaneous1736 1988-09-10 10 SLOTS TO WATCH Alien, Queenie and The Bolshoi Ballet Movies A COMMERCIAL SPACECRAFT on its way back to Earth answers distress signals from a planet in the space horror film Allen. A member of the crew gets too close to one of the pod-like inhabitants of the planet which attaches1,736 words
-
Miscellaneous1015 1988-09-10 10 SATURDAY BBC 88.9 mHz In VHF Band II 6AM World News 6.09 The World Today 6.30 Financial News 6.40 Reflections 6.45 Sports Roundup 7.00 World News 7.09 Commentary 7.15 From the Weeklies 7.30 Multitrack 3 8.00 World News 8.09 News about Britain 8.15 Radio Newsreel 8.30 Personal View 8.45 Recording1,015 words
-
-
Page 12 Miscellaneous
-
Miscellaneous739 1988-09-10 12 CRYPTIC PUZZLE ACROSS 9 The fellow given a rind contrived to identify the fruit (8) 10 A drink with character, you say (3) 11 From over there drone on about the young (6) 12 Doing somersaults round the English man (6) 13 It hasn't taken place (4. 3) 14 Grouse739 words
-
-
Page 13 Advertisements
-
Advertisement28 1988-09-10 13 BT welcomes investment ideas and viewpoints from brokers, bankers and other readers. Address all correspondence to: The Editor, Personal Investment, Business Times, 390 Kim Seng Road, S'pore 0923.28 words
-
Advertisement301 1988-09-10 13 Malaysian Tobacco Company Berhad PROFIT AND DIVIDEND ANNOUNCEMENT The Board of Directors announce the following unaudited results for the first half year to 30th June 1988. 1988 1986/87 Change Company Group Company Group Company Group MSOOO MSOOO Msooo Msooo +or Turnover 239JM9 305 23.6 23.8 As a result of the301 words
-
-
SPORTS
-
Article, Illustration1258 1988-09-10 14 BARRY WOOD - TENNIS By BARRY WOOD ANDRE AGASSI, at 18 the youngest player ever to advance so far, took 2 hours 22 minutes to win 6-2 7-6 6-1 in an all-action match. Above all, his accuracy kept him in front right from the start. As1,258 words
-
492 1988-09-10 14 GOLF AP SWEDEN, led by Oklahoma State senior Eva Dahllof, took a one-shot lead over the United States and Italy after Thursday's opening round in the Women's World Amateur Golf Team Championship. Dahllof, a member of Sweden's winning team in lastAP - 492 words
-
Article, Illustration567 1988-09-10 14 Reuter FORMER merchant seaman Denis Durnian launched a dawn patrol and plundered a six-under-par 64 to leave the field in his wake in the first round of the European Open golf championship on Thursday. The 38-year-old Englishman, who used to drive golf balls fromReuter - 567 words
-
225 1988-09-10 14 JAPAN s veteran pro Teruo Sugihara shot a six-under-par 66 on Thursday and took a one-stroke first-round lead in the 80 million yen (U*****,000) Suntory Open golf tournament. The 51-year-old Sugihara. who has won 50 tournaments in Japan in his 31-year pro225 words
-
Article, Illustration485 1988-09-10 14 YACHTING AP THE "CAT" (catamaran) that ate the Kiwi goes for a final meal today in the best-of-three America s Cup yachting competition Dennis Conner and his fleet catamaran, Stars and Stripes, are the heavy favourite to beat NewAP - 485 words
-
255 1988-09-10 14 BOXING Reuter WORLD heavyweight champion Mike Tyson has denied a newspaper report that a car crash which put him in hospital for three days was a suicide attempt "It's ridiculous,'' Tyson told a New York television station on Thursday in his first interviewReuter - 255 words
-
-
Page 14 Miscellaneous
-
Miscellaneous33 1988-09-10 14 U)HPvT e>£ftUTiFUL DP\y (VOu'RE TetUKG me _J X i u;p\s TenPteD TO come IN U)£ftßiNG nnv PIN .bTRiPe shorts. k (C o V o^O\ I tVtN'ftH* STANDARD CO ITO f**2 -f 7 7*4*433 words
-
-
COMPANIES & STOCK MARKETS
-
Article, Illustration560 1988-09-10 15 -mm mm™ By HOCK LOCK SIEW FINANCIALLY-TROUBLED property group Faber Merlin has given itself yet another deadline. Long-suffering holders of its overdue unsecured loan stock are now promised a fresh proposal by Sep 23. But loan stockholders are unlikely to be easily placatedBy HOCK LOCK SIEW - 560 words
-
Article, Illustration212 1988-09-10 15 SINGAPORE REINSURANCE Corp Ltd has reported an interim group after-tax profit of $2.34 million as against $1.9 million previously. The 23.1 per cent rise mirrored a similar increase at the pre-tax level. Pre-tax profit for the six months to end June was212 words
-
94 1988-09-10 15 TIGER BALM has revised the basis of allotment for its recent public issue of 18.75 million 20cent shares at $1.70 each due to some invalid applications. All in. there were invalid applications for a total of 138,000 shares. These allotments have been redistributed to94 words
-
Article, Illustration425 1988-09-10 15 AFP MALAYSIA has revised rules governing its securities industry, introducing changes which analysts said will pave the way for a second trading board for small firms at the Kuala Lumpur Stock Exchange Under the changes, a company seeking to list its shares must haveAFP - 425 words
-
495 1988-09-10 15 KEVIN GWEE - By KEVIN GWEE SESDAQ-LISTED Trans-Island Bus Services Ltd (Tibs) is holding its own against competition not only from Singapore Bus Services but also the Mass Rapid Transit (MRT) system. It yesterday reported a near 42 per cent jump in group af-ter-tax earnings to495 words
-
Article, Illustration488 1988-09-10 15 ELAINE KOH - Insider Trading Trial By ELAINE KOH A REQUEST to lift the suspension of a counter cannot be price sensitive information because the Stock Exchange of Singapore's disclosure policy would have required its announcement if it were. Mr Felix488 words
-
COMPANY BRIEFS
-
Article100 1988-09-10 15 NEW STRAITS TIMES Press (M) Bhd has acquired a 10 per cent stake in retail group Cold Storage (M) Bhd for M 526.73 million cash NSTP said in a statement the agreement was made with Ayer Hitam Tin Dredging Malaysia Bhd to acquire 8 225100 words
-
38 1988-09-10 15 AYER HITAM TIN Dredging Msia Bhd said its proposed bonus issue of 3 66 million new shares on the basis on one-for-10 has been turned down by the Capital Issues Committee38 words
-
Article86 1988-09-10 15 MALAYSIA BUILDING Society Bhd (MBSB), replying to queries from the Kuala Lumpur Stock Exchange, said it had been requested on an informal basis by General Corporation Bhd to indicate whether it would be interested to acquire a stake in Malaysia British Assurance Bhd (MBA) MBSB said86 words
-
Article109 1988-09-10 15 QAF LTD said at an extraordinary general meeting held yesterday stockholders have approved an increase in the authorised capital of the company to $150 million comprising 375 million shares of 40 cents each from $100 million of 250 million 50 cents shares and its one-for-two rights109 words
-
Article85 1988-09-10 15 ANA HOTELS Singapore Ltd has signed a revolving credit facility for $12 million made available by United Overseas Bank. The amount will be used as a standby facility for the refurbishing and upgrading programme of the hotel in the next five years. The company also85 words
-
-
237 1988-09-10 15 MBT AMANAH MERCHANT Bank (AMB) is in the 'final stage" of acquiring a stockbroking firm and an announcement will be made in "one or two months' time". General manager of banking services Hasnan Busu said AMB "has been talking seriously inMBT - 237 words
-
Article268 1988-09-10 15 LAST FULL YEAR Company Period Oat* Year Net EPS Gross Net announced •nding (eenn) div profit lost year ($•000) Wepco Interim Jul 25 Dec 88 87 80 1 306 Bukit Katil final Jul 29 Apr 88 98 200 616 Sel Properties Interim Jul 30 Oct 88 09 10268 words
-
Article260 1988-09-10 15 LAST FULL YEAR Com pony Period Dot* Year Net EPS Grots Net announced ending (cents) div profit last yeor ($•000) Duto Com Final Aug 28 Dec 86 4 8481 Fed Cables Final Seo 12 Jun 87 6.1751 (il S J Amol Final Mar 87 66 472 Worldwide Hldgs260 words
-
STOCK EXCHANGE OF SINGAPORE
-
Article130 1988-09-10 16 Company RIGHTS ISSUE F N Two for-five $3 00 per share Ex date: Sec 5 Books dose: Sep 15 Raleigh Seven for-two $100 per shore Ex-dote: Aug 31 Books close Sep 14 S P P One-for-two $0 25 par per shore Ex date: Sep 16 Books close: Sep130 words
-
Article291 1988-09-10 16 Company RIGHTS ISSUE C 1 Holdings 27 million loon stocks in the ratio of $3 loan stock for every five ordinary shares held Duta Cons One-for-one $1 10 per share F A C B One-for-one JO 60 per share General Corp Issue of $49,204,936 nominal amount of 8%291 words
-
Article134 1988-09-10 16 MBt FINANCE Berttad: 17th AGM at The Penthouse. 23rd Floor, Plaza MBf, Jalart Ampang. ***** Kuala Lumpur on Monday, Sep 12, at 10am LARUT TIN FIELDS Berhad: 57th AGM at the Kuala Lumpur Hilton. Jalan Sultan Ismail, ***** Kuala Lumpur on Wednesday. Sep 14. at 9 30am METALOCK134 words
-
Article326 1988-09-10 16 Monagwrs' prices for Sep 10 12 UOB Management Unifund 0 94 0 94 I Singapore Unit Trust Unibond 101 '035 Commerce 096 1 04 MARA-Bumiputra r hO Savings Fund 0 86 072 F>r$t B putro 6 37 6 42 Spore Prog Fund 0 41 045 Second B'putro 577326 words
-
Article, Illustration717 1988-09-10 16 SHARE PRICES closed lower across the board yesterday in another day of thin and featureless trading following weak sentiments in overseas market Investors, disheartened by the weak closing in Tokyo, took to the sidelines The market was additionally reluctant to take new717 words
-
-
Article5366 1988-09-10 16 1988 High Low Tel Code Company Last Sale orGr's Dlv Dlv C'vr Gr's Y id Nat P/E Vol Day ('000) High Low Last Quota Buyar Seller SECTION ONE INDUSTRIAL ft COMMERCIAL 141 85 218 167 135 460 186 350 129 167 177 297 59% 354 555 5655,366 words
-
SES/KLSE
-
Article, Illustration548 1988-09-10 17 THE KUALA LUMPUR stock market closed lower across a broad front yesterday in dull trading Following an easier start, share prices ended lower at the noon close after a sluggish morning Buying support remained generally weak although selected quality stocks managed to hold steady A548 words
-
316 1988-09-10 17 Bernama RETAIL-BASED Mun Loong Bhd has entered into an agreement with Hankyu Jaya Holdings Sdn Bhd (HJH) and Hankyu Jaya Shopping Centre (Ampang Park) to acquire a 49 per cent stake each in the paid-up capitals of the two companies A memorandum ofBernama - 316 words
-
Article635 1988-09-10 17 BONDS, LOANS WARRANTS Company Eiptry/ Coupon Conversion period Interest Conversion term lor one ordinary mriurtly dele <%> payable share Chuon Hup Wm 1991 Anytime on or ofter Mar 1987 1 6 warrants plus )1 60 cash until Dec 31 1991 City Dev Roods 1994 5K Feb 1 City Dev Wm635 words
-
Article808 1988-09-10 17 Current Ei Book* Date Total tor Total for peyment date ctoae payable the year laat year Ale* Mldgj 6% lb) Aug 30 Sep 9 Sep 26 6% 6% Asiatic Dev 2% III Oc 12 OC 26 No* 21 2% 5% B Roya l%lll Sep 15 Sep 29 Oc808 words
-
-
REGIONAL MARKETS
-
Article, Illustration458 1988-09-10 18 New York court order enforceable in HK? AP TWO COMPANIES allegedly controlled by a Taiwanese businessman charged with insider trading in the United States asked a Hongkong court on Wednesday for release of US$l2 million in their Hongkong bank accounts Standard Chartered PLC,AP - 458 words
-
189 1988-09-10 18 FT NOMURA SECURITIES, Japan s biggest stockbroker, is forming a joint mergers and acquisitions (Manda) company in Tokyo with Wasserstein Perella, the "boutique" Wall Street investment bank in which it bought a US$lOO million stake in July. Nomura said the venture was aimedFT - 189 words
-
173 1988-09-10 18 Reuter THE HONGKONG Exchange Fund has tightened money supply by reducing the Hongkong and Shanghai Banking Corps balance with it to HK$ 1.1 billion from HK$l.25 billion It was the first time the fund had disclosed its money market operation since new arrangements wereReuter - 173 words
-
659 1988-09-10 18 Reuter STRONG DOMESTIC demand and a weaker yen are boosting Japanese corporate profits in the current year beyond initial forecasts. But stock market players are no longer impressed Instead, investors are focusing on the prospect of slower earnings growth this year and next, accordingReuter - 659 words
-
145 1988-09-10 18 Reuter EVERGREEN MARINE Corp, Taiwan s largest privately owned shipping line, has applied to the Civil Aeronautics Administration to set up an airline company. a corporation spokeswoman has said She said Evergreen. which provides a global service with its fleet of 66 full containerReuter - 145 words
-
Article, Illustration610 1988-09-10 18 Tokyo Reuter TOKYO SHARE prices closed down yesterday after an initial rally died Investors preferred to take profits and stick to the sidelines ahead of a weekend and US August producer price index due at 1230 GMT, brokers said. "Now the yen is around 133. but noReuter - 610 words
-
Article, Illustration582 1988-09-10 18 Australia Reuter AUSTRALIAN stocks closed lower in cautious trading yesterday. The market had been directionless all week in the absence of a firm lead from overseas markets, one broker said At the close of floor trading at 0515 GMT. the All Ordinaries Index had fallen 8 9Reuter - 582 words
-
Article, Illustration1566 1988-09-10 18 i Hongkong HONGKONG SHARE prices fell in typical lacklustre trading yesterday ahead of the weekend The Hang Seng Index fell 11.97 points to 2.496 56 and the broad-er-based Hongkong Index lost 8 36 to 1.650 50 Turnover was an extremely sluggish HKS39O 18 million, below1,566 words
-
Article281 1988-09-10 18 Reuter MOST SEOUL share prices rebounded sharply in active trading yesterday following heavy buying pressure from institutional investors, brokers said The Composite Index rose 17 44 points to end at 682 84 on turnover of 119 1 billion won against Thursday s 89 6 billion Institutions boughtReuter - 281 words
-
Article183 1988-09-10 18 Reuter BOMBAY SHARE prices ended mixed yesterday after stock exchange authorities halved sales margins to 5 per cent to bring them level with those on purchases, prompting some selling, brokers said An exchange spokesman said the decision. effective yesterday. was needed after a sharp rise in pricesReuter - 183 words
-
Article78 1988-09-10 18 Reuter THE New Zealand share market ended the week lower yesterday following the generally bearish tone on world equities markets The Barclays Index fell 23 78 points to 1.986 39 Brokers said volumes were low and there was little news "It's a bit hard to readReuter - 78 words
-
Article418 1988-09-10 18 Reuter LAST MINUTE buying of some banking shares by large investors helped the market recover some of the morning s losses, brokers said yesterday The index fell 41 91 points, or 0 54 per cent, to close at 7.***** compared with 7.653 88 in early trade andReuter - 418 words
-
Article164 1988-09-10 18 Reuter THE SECURITIES Exchange of Thailand Index slipped 005 points to 442 77 on a turnover of 3.409.299 shares worth 350 78 million baht SEP 09 BAHT Ao Kham Thai 440 -6 Ayudhya Investment 426 -2 Bangkok Agro-ln<J 108 1 Bangkok Bank 301 -39 Bank CM AyudhyaReuter - 164 words
-
Article98 1988-09-10 18 Reuter SHARE prices rebounded slightly from a three-day decline yesterday but analysts said the advance was insignificant because it lacked fundamental support The index was up but I don t think it mirrors the incoming trend Our view is that the market is on a downtrend."' RamonReuter - 98 words
-
-
WORLD MARKETS
-
Article, Illustration879 1988-09-10 19 New York Reuter WALL STREET stocks continued to decline on Thursday as investor interest waned Brokers said the decline was aided by some minor programme selling. The Dow Jones Industrial Average dropped 2.67 points to 2,063 12. Advances edged declines 760-664 among the 1,935 issuesReuter - 879 words
-
Article, Illustration1012 1988-09-10 19 London Reuter SHARES opened sharply lower yesterday after early talk of another rights issue was proven well-founded, dealers said. Carlton Communications announced a cash call aimed at raising some £363.6 million. The FTSE 100 share index had been shaping up for a large fall in earlyReuter - 1,012 words
-
Article1948 1988-09-10 19 Reuter BRUSSELS: Belgian shares closed mostly higher yesterday with some isolated shares seeing strong activity ahead of the weekend, brokers said. Steelmaker Cockerill continued its steep rise, adding seven francs to close at 306 as 138.000 shares changed hands The steel sector in general was doing well,Reuter - 1,948 words
-
Article71 1988-09-10 19 FT PENTLAND INDUSTRIES, the UK industrial conglomerate best known for its interest in Reebok sports shoes, is to take over Parker in a deal which values the writing instrument maker at £193 million Financial details were not revealed, but Pentland will buy between 85 and 90FT - 71 words
-
Article, Illustration628 1988-09-10 19 Costs too high for General Motors Reuter FORD MOTOR Co and Chrysler Corp are expected to continue to be profitable even in the event of a significant downturn in car sales in the near future, but General Motors Corp could lose money quicklyReuter - 628 words
-
540 1988-09-10 19 Reuter DREXEL BURNHAM Lambert Inc and the US$l6O- junk bond market it shaped are weathering the storm of uncertainty caused by insider trading charges against the firm. Some portfolio managers said they still would buy junk bonds from Drexel, which has kept aReuter - 540 words
-
Article74 1988-09-10 19 Reuter THE BRITISH government has announced changes to its procedure on privatisation issues The Financial Secretary to the Treasury, Norman Lamont. said in future the merchant bank which advises the government on a share sale will no longer also act as the British lead underwriter toReuter - 74 words
-
-
-
Page 15 Miscellaneous
-
Miscellaneous24 1988-09-10 15 by Martell OA/ 77S&# l/OM£<SA*OC>fS fife/f1f077/£/? e>A/£> <?U£ /PAW rz&p 5//<r rw&Mf Vi A/A/vr££> TW&Vf C/iP/ZfA// 7Vf foe/? 6CX/.' <£tV//~£>/&/V..... jvsrr&u> 0/?£JC£fror TO tr/OW/"24 words
-
-
Page 17 Advertisements
-
Advertisement193 1988-09-10 17 Badness SINGAPORf MONEY MANDARIN BUSINESS TRENDS Singapore's money mandarin speaks out Food exporters 1 recipe lor success Phuket: sun, sea and cash Rubber s-t-r-e-t-c-h-e-s ahead Theme parks: too much fun? The fall off a market favourite Spotlight on Lion Corp, Hotel Properties SEPTEMBER 1988 A Times Periodicals publication NOW AT193 words
-
-
Page 19 Advertisements
-
Advertisement388 1988-09-10 19 NOTICES IN THE MATTER OF COMMUNITEK INDUSTRIES (S E A.) PTE LTD (IN VOLUNTARY LIQUIDATION) NOTICE OF FINAL MEETING Notice is hereby given pursuant to Section 308 of the Companies Act, Cap. 50. that a Final General Meeting of the members of the abovenamed Company will be held at the388 words
-
-
467 1988-09-10 20 Agencies FORMER Burmese Prime Minister U Nu, who was ousted in a 1962 military coup, yesterday announced the formation of a rival government in Burma as thousands of people joined by army and air force mutineers marched through the streets of RangoonAgencies - 467 words
-
451 1988-09-10 20 CHUANG PECK MING - Maternity leave for third child being considered By CHUANG PECK MING PRESSURE is mounting on employers to improve the perks for family planning, now pegged to the outdated two-child policy BT understands that the government, which sets the pace for the private451 words
-
Article, Illustration435 1988-09-10 20 LOH HUI YIN - By LOH HUI YIN ASEAN must press on with its policies to get the Vietnamese to negotiate a settlement followed by the withdrawal of its troops from Cambodia, like the Soviets are doing in Afghanistan, says Prime Minister Lee Kuan Yew. He435 words
-
269 1988-09-10 20 Agencies PRINCE NORODOM Sihanouk has indicated a possible breakthrough for a solution to the Kampuchea conflict in his forthcoming Paris meeting with Hun Sen. prime minister of the Vietnamese-backed Phnom Penh regime Prince Sihanouk said this in a discussion with members of the Institute of StrategicAgencies - 269 words
-
235 1988-09-10 20 SHOEB KAGDA - By SHOEB KAGDA THE Central Executive Council of the opposition Workers' Party met last night but took great pains to avoid the press The council was to discuss whether to accept i the two non-constituency i seats that are available under Section235 words
-
148 1988-09-10 20 Bernama MALAYSIAN Defence Minister Tengku Ahmad Rithauddeen said yesterday that the air space of Malaysia and Singapore is indivisible and it is in the interest of both countries to work together to maintain peace. He said the concept of working together toBernama - 148 words
-
300 1988-09-10 20 SIX COUNTRIES have sent congratulatory messages to Prime Minister Lee Kuan Yew for the People s Action Party election victory over the weekend Japan's Prime Minister Noboru Takeshita, in his message to Mr Lee, said: "I am confident that Singapore will witness300 words
-
Article164 1988-09-10 20 COMEX gold futures gained slightly early yesterday on news of a 0 6 per cent increase in US producer prices (PPI) for August compared with a 0.5 per cent rise in July. In early dealings, December gold was ahead US$O 90 at U*****.70 an ounce "The164 words
-
LATE FILE
-
Article51 1988-09-10 20 Bernama MALAYSIAN Prime Minister Datuk Seri Dr Mahathir Mohamad said yesterday that discussions can be held between him and his former deputy Datuk Musa Hitam without any condition. Dr Mahathir was replying to a proposal that old and new Umno leaders meet to resolve differencesBernama - 51 words
-
Article39 1988-09-10 20 UPI A SOVIET-built Air Vietnam airliner crashed in a monsoon rainstorm on its approach to Bangkok airport yesterday and burst into flames, killing at least 75 people and seriously injuring six others. UPIUPI - 39 words
-
Article46 1988-09-10 20 AP THE US has offered US$5O2 million in annual aid to the Philippines for continued use of military bases in the country but the Manila government has rejected it as insufficient. Foreign Secretary Raul Manglapus said yesterday in Manila. APAP - 46 words
-
44 1988-09-10 20 AFP CHINA'S banks will pay an extra 7.28 per cent on savings deposits of three years or more in the final quarter of this year as a subsidy for inflation, the People's Bank of China said yesterday AFPAFP - 44 words
-
Article41 1988-09-10 20 AP JAPANESE government ministries and agencies have asked for a total of 64.98 trillion yen (U*****.25 billion) in budget requests for next fiscal year, up 13.0 per cent from fiscal 1988, the Finance Ministry said yesterday.AP - 41 words
-
Article33 1988-09-10 20 UPI IRAN-IRAQ peace mediator Jan Eliasson yesterday called in the two Gulf enemies to discuss adjourning the deadlocked talks and where and when to hold the next round. UPIUPI - 33 words
-
-
Page 20 Advertisements
-
Advertisement117 1988-09-10 20 you owe it to yourself.. KSKgS Si s Your family's happiness in Singapore will be determined by the environment in which they live That's why you owe it to yourself to check out Ardmore Park School buses call at the gate there is aerobics, squash, tennis, swimming, chip and putt117 words
-
Advertisement113 1988-09-10 20 r ,:y ■l i. WjJKf -Z ijsf* i£ <1? V F IV w \v\\ »*v vv. fe v r a t\* V i }k\ I Cut a dashing figure in fashionable chino design fuller shape trousers, created exclusively for St Michael. Masterfully tailored from 100% cotton for lasting good looks113 words
-