The Business Times, 12 November 1988

Microfilm: NL16275
Total Pages: 20
1 20 The Business Times
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  • Title Section
    Masthead
    12 1 BUSINESS TIMES MCI (P) 95/12/87 Weekend Edition, November 12-13 1988 75 CENTS
    12 words
  • Article
    Lock icon FINANCIAL NEWS SUMMARY
    245 1 AP Dow down WALL STREET stocks levelled off sharply in early trading yesterday, but some analysts expected further selling. Futures traders saw some arbitrage-related selling. The Dow 30 was off 15 at 2099. Chartists set support at 2080. Declines broadly led gainers. Reuter Footsie down SHARE prices
    AP  -  245 words
  • Article
    Singapore's third quarter growth up more than 9pc
    237 1 THE SINGAPORE economy expanded by more than 9 per cent in the third quarter, Trade and Industry Minister Lee Hsien Loong indicated last night. "We are pleased with our economic performance (in the third quarter)," said BrigadierGeneral (Res) Lee in response to
    237 words
  • Article
    CPF to raise interest rate to 3.1 per cent in January
    266 1 THE CENTRAL Provident Fund Board yesterday announced that its interest rate will be raised by 0.14 point to 3.1 per cent for the six months starting Jan 1, 1989. confirming a Business Times report last week. The new rate
    266 words
  • Article
    Lock icon Johor-S'pore business committee
    117 1 Bernama THE PROPOSED Johor-Singa-pore joint committee on business, which has been on the drawing board for some time, will be launched before year-end. Johor State Economic Development Corporation executive director Datuk Mohamed Ali Hashim, who will be the committee co-chairman, said on Thursday that both sides had
    Bernama  -  117 words
  • Article
    UOB told to stop issuing 'guarantor' credit cards
    532 1  -  By LEONG WEN WAH THE MONETARY Authority of Singapore has told the United Overseas Bank to stop issuing credit cards to those earning less than $24,000 a year. UOB, the latest bank to join the Visa credit card scene, came up with
    532 words
  • Article, Illustration
    Tokyo stock market hits all-time high
    199 1 THE TOKYO market scaled new heights on moderate volume yesterday but was unable to boost share prices on other regional markets. The Nikkei Stock Average jumped 323.15 points to an all-time high of 28,489.57, breaking the previous record of 28,423.38 set on Aug 5,
    199 words
  • Article
    Britain, Japan act to support falling US dollar
    132 1 THE BRITISH and Japanese central banks yesterday intervened on world currency markets to support the US dollar *hich lost further ground against other major currencies. Dealers said the Bank of England bought dollars at around 122.70 Japanese yen in London as it
    132 words
  • Article
    Keppel buys out BATS's stake in Keppel House
    491 1  -  CONSIDERATION SATISFIED BY 4.7 MILLION NEW SHARES By ALAN LEE Companies Editor KEPPEL CORPORATION has gained full control of Keppel House and is now drawing up plans to redevelop the 5-storey building situated at the junction of Keppel Road and Tanjong Pagar
    491 words
  • Page 1 Advertisements
    • Advertisement
      Page 1 Advertisements Column 1
      220 1 Nikon The World's Finest Photographic System. Full Report, PAGE 16 Regional Mkts, PAGE 18 nnc BT on Saturday: 6 No hopping away from the problem Blue Mountain* 6 Enjoying a revival Toya US industry faces soft season Santoaa 2 Confident of attracting more visitors Manufacturing 2 Need to increase capital
      220 words
    • Advertisement
      Page 1 Advertisements Column 2
      332 1 Niko t 1 The World's Fine* Photographic System. v\ rr Shanghai surprise Page 7 Hmmi tpm Taking beauty contests at face value Page 7 Beggar's chicken that's fit for a monarch Page On the trail of the great white burgundy Page Alphonso deAlbuquerque chest found! Page The mind and body
      332 words
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  • HOME NEWS
    • Article, Illustration
      Sentosa confident of more visitors
      420 2  -  Last year saw 26pc rise in visitors By TONG SUIT CHEE THE COMPLETION of new recreational projects on the mainland and in neighbouring countries will provide keen competition for Sentosa, says Sentosa Development Corporation (SDC) chairman Alan Choe. The corporation is, however, confident that with
      420 words
    • Article
      French minister gives assurance on trade
      284 2  -  By JOHN THOMAS of the Foreign Desk FRANCE'S Minister Delegate for Foreign Affairs, Edwige Avice, yesterday reassured Singapore of her government's desire to increase economic and political relations between the two countries. Mrs Avice, whose position is equivalent to that of a Second Minister,
      284 words
    • Article, Illustration
      PEOPLE IN BUSINESS
      264 2 ROBERT KOH has been been appointed general manager of Diners World Travel Re Ltd. Mr Koh, who has 17 years' experience in the travel and airline industry, will now oversee the company's overall operations in Singapore. These include corporate ticketing, outbound and inbound tour operations and incentive
      264 words
    • Article
      Tradewinds to lease MD-87 from GPA Group
      139 2 SINGAPORE AIRLINES subsidiary Tradewinds has reached an agreement with QPA Group to lease a McDonnell Douglas MD--87 for two years. The aircraft will be delivered in January and will give Tradewinds more flexibility in its operations. The company plans to launch scheduled services
      139 words
    • Article
      Interlink appoints distributor
      39 2 COMPUTER Processing Services, a subsidiary of Straits Steamship, has been appointed exclusive distributor by Interlink Computer Sciences Inc of the United States Interlink develops and markets products that connect IBM and Digital Equipment Corporation (DEC) systems.
      39 words
    • Article
      MetalAsia 88 exhibition at WTC
      88 2 ABOUT 620 companies will be showing off their displays at MetalAsia/AutomAsia 88 which will be held from Nov 22 to 25 at the World Trade Centre. These include 120 local or Singapore-based companies and eight national pavilions from Japan, Italy. United Kingdom. West Germany, East
      88 words
    • Article
      Manufacturing needs to increase capital investment: Mah
      521 2  -  By MARTIN SOONG MORE investment in machinery and equipment is needed to boost the manufacturing sector's contribution to overall productivity up to the service sector's level, said National Productivity Board chairman Mah Bow Tan yesterday. Presenting this year's NPB Productivity Statement. Mr Mah
      521 words
    • Article
      Telecoms to launch ISDN service in December
      232 2 TELECOMS' Integrated Services Digital Network (ISDN) will be launched on Dec 20. The service will initially be available to customers in the business district and the industrial districts in Changi, Ayer Rajah, Telok Blangah and Jurong. By the end of next year, ISDN
      232 words
    • Article
      BG Lee, TDB chief likely to be in Belgian trade team
      232 2 A HIGH-LEVEL trade mission. which is likely to include Trade and Industry Minister Brig-Gen (Res) Lee Hsien Loong and Trade Development Board chairman Alan Yeo, will visit Belgium next year. The Belgian Minister for Foreign Trade. Mr Robert Urbain,
      232 words
    • Article
      SHIPS IN PORT
      1311 2 AT CONVENTIONAL WHARVES Joyo Bersoma J3 alongside 1211/0600 Junior J5 alongside 1211/1500 VhmI Berth Arrival Departure Pernos Si men JI0 alongside 1211/2300 KEPPEL WHARVES Shoh fuh ill alongside 1211,2359 Silver Star JI2 alongside 1211/2300 Anonoj K2I alongside 1311/2300 Bulias Mas J1 12.11/0830 1311/2300 Aurora T K30 alongside
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  • Page 2 Advertisements
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  • OVERSEAS
    • Article
      Lock icon Japan urged to contribute more to world peace
      228 3 AP JAPAN, which now accounts for well over one-tenth of the world's total economic output, should play a more active role in promoting world peace and economic development, its Foreign Ministry said in an annual report yesterday. "It is increasingly imperative that
      AP  -  228 words
    • Article
      DAILY AIRCRAFT MOVEMENTS
      903 3 ARRIVALS DEPARTURES Operator Service Local From Operator Service Local For number time number time MAS MH630 0920 KUL GU GA961 0815 CGK ACA AC888 0950 YYZ/LHR/BOM SU SQ104 0830 KUL SIA SQ103 0950 KUL SU SQ192 0830 PEN CAL C1806 1000 CGK THA TG402 0830 BKK CPX
      903 words
    • Article, Illustration
      Lock icon Benazir smells victory
      295 3 Reuter CHEERING SUPPORTERS of Benazir Bhutto climbed trees and railings on Thursday night at the biggest rally of Pakistan's general election campaign to hear her predict she will win next week. A crowd estimated by journalists at about 100,000 roared out their devotion to the 35-year-old leader
      Reuter  -  295 words
    • Article
      Lock icon Observers for Pakistan polls
      142 3 AFP A TEAM OF observers from the South Asian Association of Regional Cooperation (SAARC) will monitor next week's general elections in Pakistan, an Indian newspaper reported yesterday. The observers include former Indian Supreme Court judge V R Krishna Iyer, the ambassadors of Sri Lanka and Nepal
      AFP  -  142 words
    • Article
      Lock icon Hanoi again urged to leave Kampuchea
      382 3 Bernama CHINA AND THAILAND have again urged Vietnam to withdraw from Kampuchea so that the parties concerned could work out a political settlement of the Kampuchean problem. Chinese Premier Li Peng called on Hanoi "to judge the hour and size up the situation and
      Bernama  -  382 words
    • Article
      Lock icon Bush seen insisting strongly on fair trade
      511 3 UPI AFP PRESIDENT-ELECT George Bush will continue the Reagan Administration's trade policies, but will insist more strongly on fair trade by other countries, a former Commerce Department official said yesterday. "I think George Bush will adopt the policies of open borders but insist
      UPI; AFP  -  511 words
    • Article
      Lock icon Records of top secret documents held by US arms control agency inaccurate: study
      280 3 AP A US GOVERNMENT study has said that records of top secret documents held by the American government arms control agency are inaccurate, incomplete and of little help in locating scores of missing classified papers and safes
      AP  -  280 words
  • Page 3 Advertisements
    • Advertisement
      Page 3 Advertisements Column 1
      62 3 f I l/|| y|lV JJI 1/ The business person's choice, every I I 11 111 1 uesc, °y' Thursday. Saturday'and I I I V \l I I I Sunday. Leaving Changi Airport at W y I JL 22 05 hours and arriving at Lester B. Pearson International Airport the following
      62 words
    • Advertisement
      Page 3 Advertisements Column 2
      58 3 s. sea s»e S. :.v-::\K*'\-%-'''M/ v .Vs *J»3.,r; ,r' p/. v -;.>sV-.v» £ft *<#%K. v '>• .*'»-1 -v\*. V^ .'-3 v :-v- >"-. i>> ■>- Z P 3 NINA RICCI A ...,< Available at Boutique Nina Rica, Gateries Lafayette Nina Rkxa Corners Metro Orchard. Metro Marina. Singapore Daimaru Midori C
      58 words
  • Page 3 Miscellaneous
    • Miscellaneous
      Page 3 Miscellaneous Column 1
      34 3 wm y//^ Montreal Moscow Nassau New Delhi New York Nicosia Oslo Paris Perth Rio 'Janeiro Rome Son Frls'co San Juan Santiogo Sao Paulo Seoul Stockholm Sydney Taipei Tokyo Toronto Vancouver Vienna Warsaw Washing too
      34 words
    • Miscellaneous
      Page 3 Miscellaneous Column 2
      99 3 Doonesbury NAKWAMBTPON IS RARELY A PRETTY SIGHT. BUT IN THIS BiECWNS VICTOR, IT BECAME J A GROTESQUE o-O enc^r/1/ve HERE U/AS A MAN tUHOM EVEN HIS ENEMIES AGREED MAS ONCE THE MODEL OFPBCENC/, ENGAGING IN SYSTEMATIC SLANDER IN PURSUIT OF THE PRESIDENCY. SPECTACLE. W A W H m ii m
      99 words
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  • MONEY AND EXCHANGES
    • Article
      Lock icon Forex markets
      1542 4 Hongkong Bank SINGAPORE: ANOTHER DAY of dollar-bashing and a record high for the Singapore dollar. The range yesterday was: DM 1.7535/1.7395, Yen 123.95/122.95. Sterling 1.8077/1.7975 and S$ 1.9695/1.9630. Rates at close were: DM 1.7420; Yen 123.15; Sterling 1.8050; S$ 1.9630. A call by Japan for co-ordinated intervention from
      Hongkong Bank  -  1,542 words
    • Article
      Government securities market
      104 4 Treasury bills 1 Period Issue closing Day's code Maturity BID OFFER HIGH LOW 3 months BQ*****E 09.02.89 4.22 4.17 4.21 4.18 6 months BY*****Z 23.03.89 4.24 4.19 4.25 4.21 1 yoor BY*****S 20.07.89 4.40 4.35 4.45 4.45 Government notes and bonds Period Issue Maturity Coupon Yesterday's closing
      104 words
    • Article, Illustration
      World interest rates
      184 4 Indicates the average of the prime lending rates ol 12 ma|or banks In S'pore Interbank market rates (offer/bid) on Nov 11 us$ DM SWFC Y»n 7 dor* 9/16 7/16 11 7/8 3/4 4 7/8 3/4 4 3 7/8 3 IS/16 13/16 1 8 9/14 7/16 12 11
      184 words
    • Article
      Money markets
      53 4 THE OVERNIGHT rate on the Singapore money market closed lower by one point yesterday. Term rates were all unchanged from Thursday. Si Interbank rates at the close yesterday: om* mo 3 1/2 2 1-momh S 3/16 5 1/16 2-monlfc SI/* 5 1/8 3-monlfc 5 5/16 5 3/16 Overnight
      53 words
    • Article
      Comex gold/silver futures
      187 4 Gold futures on Nov 10,1988 100 troy ounces. USS per troy ounce Opon High Low S«Wo Nov 421.00 421.00 421.00 419.00 -4.10 Ok 433.80 424.20 420.10 420.50 -4.20 Jon 89 423.00 -4.20 Fab 428.80 429.00 425.10 425-50 -4.30 A«* ***** 434.40 430.40 430.60 -4.40 Jun 439.40 440.00
      187 words
    • Article
      Asian dollar market
      208 4 ASIAN dollar deposit rates ended steady to slightly firmer after quiet pre-week-end trading yesterday. us$ orm MO 7 doyt 8 1/2 8 3/8 1 month 8 3/8 8 1/2 2 monthi 9 1/16 8 IS/16 3 months 9 8 7/8 6 months 9 8 7/8 9 months
      208 words
    • Article
      Lock icon Simex
      456 4 BA Futures December Eurodollar futures opened five ticks lower on Simex yesterday from the previous close at 91.04 in anticipation of a more restrictive Fed policy. After springing to the day s high of 91.05, the December contract slipped off to the low of 90.97 in active trading It
      BA Futures  -  456 words
    • Article
      IMM
      189 4 IMM foreign currency futures finished mostly higher in Chicago after firming ot Thursday s close. Prices erased opening losses after a report that October US producer prices were unchanged, suggesting less need for tighter US credit policy. But growing uncertainty about when and where cen- tral bank intervention might
      189 words
    • Article
      Options
      1474 4 CURRENCY FUTURES OPTIONS Friday, Nov t 11, 1988 DEUTSCHE MARK (SJMEX) Oac 88 caNa HM LAB Sea Oac 88 puM MM 1 mm Saa 52 CAS 53 CAB 54 3758 378 2A 2 55 2758 279 6A 4 56 1868 189 14A 12 57 1108 113 3SA 36 59
      1,474 words
  • Page 4 Advertisements
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  • BANKING AND FINANCE
    • Article
      Lock icon Australia increases key interest rate
      387 5 FT THE AUSTRALIAN government, in a pre-emptive bid to keep key inflation and balance of payments targets within reach, has acted to curb buoyant domestic demand through a deliberate tightening of monetary policy. For the second time in two days, the Reserve Bank on Thursday
      FT  -  387 words
    • Article
      Lock icon US court delays insurance measure
      191 5 FT US insurance companies won an injunction from the California Supreme Court in San Francisco on Thursday delaying the implementation of Proposition 103, a premium-reduction measure passed by the state's voters on Tuesday. Six major insurance companies and the Association of California Insurance Companies filed
      FT  -  191 words
    • Article
      Lock icon Chase considering sale of part of hq building
      242 5 Reuter CHASE MANHATTAN Corp is looking at selling part of its New York headquarters building. According to Chase chairman Willard Butcher: "We are looking at it. The advantage to it is that we could maintain our present cost of occupying the building.
      Reuter  -  242 words
    • Article
      Bank home schemes hit finance companies
      429 5  -  By QUAK HIANG WHAI FINANCE COMPANIES' housing loan business has been adversely affected by the attractive loan schemes introduced by major commercial banks in April this year. Latest figures from the Monetary Authority of Singapore show that outstanding home loans of the finance industry
      429 words
    • Article
      Lock icon S Korean bankers make contacts with China
      262 5 Reuter SENIOR South Korean bankers have made three secret visits to China in the past five months, marking the start of direct connections with China s financial sector. According to a senior official at the Hongkong branch of a South Korean bank, the
      Reuter  -  262 words
  • COMMODITIES
    • Article
      London Markets
      305 5 London Commodity Exchange Buyer/Seller closing prices on Nov 10, (£/torr>e unless specified). Previous dosing prices in porenthesis. Coffee Bods in-store London, setters option OF London Nov 1076/1078 (1070/1072) High/Low 1081/1065 Jon 1095/1096 (1089/1090) High/Low 1101/1085 Soles (3850) Cocoa Dec 842/844 (862/863) High/Low 860/832 Mar 851/852 (868/869) High/Low 860/835
      305 words
    • Article
      Soybean
      148 5 LATE computer-activated selling in CBT soybeans closed all contracts sharply lower in fast market conditions on Thursday. January posted a session high of US$B.l5/4 per bushel near midsession when professional and commission house selling surfaced to initiate the decline. Sell-stops were triggered near Wednesday's low of USSB.O3V4 a bushel
      148 words
    • Article
      RAS and MRELB
      295 5 RAS prices In s cmMo. fob m d«im NOON CLOSE Buyers S*ll*rs Buyers Setters Int 1 RSS Prompt 192.00 194.00N 191.00 193.00N trrt 1 RSS Dec 68 193 JO 194 JON 192.50 193 JON Int 1 RSS Jon 196.00 197.00N 195.00 196.00N Int 2 RSS OP 190-50
      295 words
    • Article
      SSR and SMR
      80 5 (cwtti/kg) DECEMBER 1988 JANUARY 1988 (currant monlti) (forward month) RAS NOON NOON ■wy*n SaiWn ky«a S*D*ri SSR 20 183.50 185 50N 183.50 18 5.50N SSR SO 181.50 183.SON 101.50 183.50N MRELB tuymrt SaiWn tuy*n SMR CV 298.50 300.50N 300 50 302.SON SMR L 290.50 292.50N 292.50 294.SON
      80 words
    • Article
      Wheat
      171 5 THE LATE sell-oft in CBT soybeans induced selling in CBT wheat which closed on Thursday slightly lower in nearby contracts and slightly higher to steady in newcrop July and September. Wheat prices held firm most of the session on continued talk of more EEP wheat to China, a possible
      171 words
    • Article
      KL Tin
      138 5 THE Kuala Lumpur Tin Market added two cents to end at M 519.99 a kg In quiet trade yesterday after Thursday's technical correction. Pinal volume was 54 tonnes againet 55 on Thursday. No rationing was noted. The premium over the price In Europe widened silghtty to £35 a
      138 words
    • Article
      Rubber
      279 5 SINGAPORE: Rubber prices continued to drift slightly yesterday afternoon, extending the morning's fall. December RSS One buyer was quoted at 192.50 cents a kg, down three cents from Thursday's close. On the TSR-20 Award market, prices also fell further in the afternoon on lack of buying interest and in
      279 words
    • Article
      Precious Metals
      377 5 HONGKONG: Gold closed slightly higher in response to the weaker US dollar in slow trading, with buying interest mainly from local investors. Bullion ended at U*****.00/50 an ounce against an initial US$4lB.BO/419.30 and compared with New York's close of U*****.40/90. On the local market, gold fell HK$2B to
      377 words
    • Article
      Produce prices
      236 5 Chinese Produce Exchange Sailors' noon dosing pricos on Nov 11 (S$/100 kg) Coconut oil bft FOt 116.00 OW drum FO« 126.00 New drum FOB 130.00 Copra Mlxod (Ioom) m ton 64 Pepper Murrtok wMt* FOB NIW C -1 l-u-660.00 x>t a woe wnne FOt foq NIW 652.00 Sarawak
      236 words
    • Article
      Crude Oil and Products
      145 5 SENTIMENT for fuel oil was steady-to-slightly bullish in the Singapore market yesterday. Limited November avails had led potential sellers to ask $67-68 mt FOB Sing for their prompt CST 100. Dec CST 180 was still indicated at levels around $65 mt FOB Sing and trade remained
      145 words
    • Article
      Palm Oil
      431 5 Malaysian cruda palm oil prices closed lower on light speculative selling and reserve of buyers yesterday. November south and central regions traded Mss lower at M 51,037.50 and M 51,025 a tonne respectively. January RBD palm olein noted sellers at US$42O a tonne while November was offered at
      431 words
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  • PERSPECTIVE
    • Article
      No hopping away from the problem
      472 6 FROGS IN BANGLADESH must be having a good time. Just as the country was sitting back comfortably at the thought that frogs' legs were a lucrative business indeed, they are one of the country's biggest exports problems began. According to the South China Morning
      472 words
    • Article
      How stock exchange can play more positive role
      876 6  -  letters to the Editor A REMISIER Door Sir, As Mr Peter Chia, public affairs manager of the stock exchange, does not wish to provide facts and figures, please allow me to complete my analysis on the weakness of our remisier system. If
      876 words
    • Article
      G plate vehicles
      77 6  -  SEEK HANG PENG Dear Sir, I refer to your article, "Road taxes for cars raised by between 16 and 20pc" (BT Nov 10). The heading, "G plate, goods-cum-passenger vehicles", is not correct. I wish to clarify that goods-cum-passenger vehicles carry G plates but other goods vehicles. Ie
      77 words
    • Article, Illustration
      Blue Mountains enjoying a revival
      624 6  -  Prime Minister Lee Kuan Yew and his party will retreat to a newly-completed resort in the Blue Mountains, about 120 km west of Sydney, to spend his first weekend in Australia FLORENCE CHONG checks the place out. FLORENCE CHONG THE BLUE MOUNTAINS, part of the
      624 words
    • Article, Illustration
      Lock icon US toy industry faces soft season
      840 6 NYT CHRISTMAS is the peak season for America's US$l2 billion toy industry, but toy sales have been relatively flat for several years. Jim Hill, vice-president and west coast director of Kalan Sutton McGraw Inc, a consulting concern, tells why in the following interview. Hill
      NYT  -  840 words
  • Page 6 Advertisements
    • Advertisement
      Page 6 Advertisements Column 1
      44 6 BT welcome* letters from reader*. Your letters must include your signature, full name, address, and home and office telephone numbers, if any. You may add a pseudonym, if you wish. Address your letters to: The Editor. Business Times, 390, Kim Seng Road, Singapore 0923.
      44 words
  • Page 6 Miscellaneous
    • Miscellaneous
      Page 6 Miscellaneous Column 1
      30 6 fiaiUcPicteDC u)eu LOE.UL, u)6UL, THO CLATTeR of LADDER ON my uJihJDOU) SILL FNrsJMOUNCeS TME, OF POV OLD Ff?\eNP niCMPeL BFSUPiRD IW£ UJlhlDOu) I I II dp n 3 fLA 555
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  • Executive Lifestyle
    • Article, Illustration
      Shanghai surprise
      1293 7  -  Accomplished cook and food writer TAN LEE LENG hops aver to Shanghai on a survey of its varied and refined fare TAN LEE LENG I HAD MY FIRST encounter with Shanghainese cuisine 25 years ago. although at that time good tod was furthest from my mind. Tie Shanghai
      1,293 words
    • Article, Illustration
      Taking beauty contests at face value
      956 7  -  With MONICA GWEE "HE LEGIONS of women who rant and rave over the anarchic idea of beauty contests in this day and age should simply put up their feet and let go. Either watch the horrific displays of people representing your sex and enjoy
      956 words
    • Article
      STRAWS in the Wind
      270 7 WHY DON'T many woman puraua MBAa? Part of an an•war oivan by ona woman bankar waa: "Woman ara mora practical. Thay don't waata monay on non aaaanilaia." Man and woman Zmphyr apoka to raactad vary dMlarantfy to thia tatamaoL Ona man auggaated that fry tha ttma
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    • Executive Lifestyle: Pursuits
      • Article, Illustration
        A bright Christmas
        396 8  -  FASHION By MONICA GWEE IT WILL BE a bright, dressy Christmas this year if the season's evening collections are anything to go by. At Tang's and Tang's Studio, jewel bright party frocks, simple elegant dresses and updated tuxedos for men make a pronounced statement for evening style.
        396 words
      • Article, Illustration
        Alphonso de Albuquerque chest found!
        705 9  -  TREASURE HUNT By SANGEETA MULCHAND BETI WONG is terrified of ghosts. Hazel Ferroa sniffs at the supernatural. Beti trembles at queer noises in the night. Hazel firmly believes that "if you're scared, you'll never do anything". When this unlikely pair joined forces on the Ballantine's
        705 words
      • Article, Illustration
        Beggar's chicken that's fit for a monarch
        475 9 FOOD By THE FOOD TEAM WHY did the chicken cross the silk road? Probably to avoid being smothered with herbs, wrapped in lotus leaves, then foil, then lotus leaves again, then rice paper, then a thick layer of clay and being baked for
        475 words
      • Article
        On the trail of the great white burgundy
        691 9  -  'Wine By N K YONG PREMIUM red wines in the form of classed growth clarets, and even premier and grand cru red burgundies can be found in the stores here, albeit in very limited range and quantities. The position with regard to
        691 words
    • Executive Lifestyle: Entertainment & the Arts
      • Article, Illustration
        The mind and body
        892 10  -  HEALTH By RICHARD SEAH READERS of Newsweek magazine would have learnt from its Nov 7 issue that scientists have made important new discoveries which suggest that the state of mind can affect health. Readers of East West, a health magazine sold at some health stores, would
        892 words
      • Article, Illustration
        Aggressive bidding calls for aggressive play
        666 10  -  Bridge i By Mike Thumba AGGRESSIVE BIDDING, at times, is a must if you want to enjoy the game at the bridge table. But quite often aggressive-bidders are unconscious about their aggressiveness. Mike Lawrence calls them "unconscious overbidders". In order to Avoid over-bidding, one
        666 words
      • Article
        BILLBOARD
        853 10  -  Complied by Coring CINEMA: U2 Rattle and Hum. Showing at Prince 2: 11; 1.30; 4; 6.45; 9.15. Dla Hard starring Bruce Willis, Alan Rickman, Alexander Godunov and Bonnie Bedelia. Showing at Cathay; 10.30; 1.15; 4; 6.45; 9.30. Good Morning Vlatnam starring Robin Williams. Showing at Orchard: 11; 1.30; 4;
        853 words
      • Article, Illustration
        A Miss Tourism hopeful goes on stage
        628 10  -  PAGEANTS By JAIME LYE HELLO, and good evening ladies and gentlemen. I hope you are having a good time tonight. My name is Alexandria Lim Ah Lan and I am a contestant in the Miss Tourism-Singa-pore 1988 contest. I am very pleased to
        628 words
      • Article, Illustration
        Life imitates art, sometimes
        366 10  -  THEATRE By SANGEETA MULCHAND My Fair Lady Tha Play Mandarin Hotel Novambar 14-17\ 8.00 pm Dinner theatre $85 Nett THEY TALK about great acting as being an extension of one's own personality. I was about to meet Derek Woodward and Judi Ann Bowker of Cafe Theatre
        366 words
      • Article, Illustration
        Eccentric music that became a successful formula
        908 11 A COLLECTION of hit songs doesn't always produce the desired results. In the case of Mon•y For Nothing, we have heard it all before. Perhaps even too many times. It makes this somewhat cliched retrospective suspect. But with the boom in CD sales
        908 words
      • Article, Illustration
        Have Wheeler will travel
        1011 11  -  TRAVEL By SANGEETA MULCHAND NO ONE WILL ever be quite sure who was more shocked budget travel writer Tony Wheeler, or the two European ladies he met at the Orchard Road MPH. "I've always wanted to get a copy of Tony Wheeler's travel guides, but they
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      • Article, Illustration
        When you're dead and confused, call Beetlejuice
        495 11  -  CINEMA By LAWRENCE TAN HOW WE wonder about the afterlife whether we believe in such a thing or not. Normally brilliant people will find themselves fantasising about it foolishly in very earthly terms aacribing to Heaven and Hell the foibles of life as
        495 words
      • Article, Illustration
        A strong substitute for U2 fans
        836 11  -  11 Uv by ROGER LOH THERE is a kind of ambiguous delirium that underscores the pure and simple excitement of watching U2 live in concert. If nothing else, director Phil Joanou has captured the spirit of a fiery band trapped in the awkwardness of
        836 words
      • Article, Illustration
        A look at modern-day Shylocks, in the flesh
        904 12  -  SWITCHING ©'GOANOQiILS With LAWRENCE TAN BANKERS just want to have funds. You're right, it's a pun to make you cry. And probably, millions of Brazilians and Mexicans are doing that right now as their children die by the thousands from an economy
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    • Executive Lifestyle: Personal Investment
      • Article
        Property, plantation, food or shipyard?
        519 13  -  BT introduces this week a round-up of recommendations from leading stockbroking firms on which stocks to buy, sell or hold. Prices against the stocks are the latest closing prices. The names of the stockbroking firms are in italics. tmisa Compiled by KEVIN GWEE DBS Land
        519 words
      • Article, Illustration
        Lock icon Why the strength in platinum
        527 13 METALS FT WHAT'S BEHIND the recent surge in platinum prices? A numbers of factors: growing concern about supply tightness compounded by heavy buying by Japanese jewellers and topped up with technically-inspired purchases by fund managers and speculators. Underlying platinum's strength is a clear shortfall in
        FT  -  527 words
      • Article
        Lock icon Copper back with a shine
        448 13 The Economist COPPER IS another metal that is in short supply and this has in turn driven up prices. For the first 10 months of this year the price averaged US$l.lO a pound. It recently reached an all-time high of $1.54. Supply and demand in
        The Economist  -  448 words
      • Article, Illustration
        Singland loan stock: what it means
        747 13  -  mm By LORETTA McLAUGHLAN SINGAPORE LAND Ltd's latest fund raising exercise through another loan stock issue, announced last week, has apparently gone down well with the stock market. At least it didn't come as a surprise as the market had been expecting it as
        747 words
      • Article
        How to have your equity and earn interest on it
        703 13  -  BEunnEFK CDRnERm by MAGDALENE NG HOW WOULD you like to earn interest on your share investment? Neptune Orient Lines' Irredeemable Convertible Cumulative Preference Share (ICCPS) can earn you relatively high interest about 7.5 per cent plus any capital gains on
        703 words
      • Article
        Lock icon Of booms, busts and yawns
        493 13 BOOKS FT The Crash and the Coming Crisis 200 Years of Booms and Busts: Which Way Next? By Guy Galletty Northcote House Publishers SOME PEOPLE did well out of the October 1987 crash in the world stock markets. Professional pundits, academics and doom-watchers in general
        FT  -  493 words
      • Article, Illustration
        Lock icon Chart points to an intermediate bottom of ST980-1000
        280 13 Qape and Retracements The secondary reaction for the ST Index ended at 1177 in August this year, representing a 60 per cent retracement from the December 1967 low; the breakaway gap A at the 1220-1390 range is posing tremendous resistance for the
        Source: OUB Securities  -  280 words
    • Executive Lifestyle: Sports
      • Article, Illustration
        Showdown at Marina Bay
        614 14  -  SINGAPORE POWERBOAT GRAND PRIX By WALTON MORAIS THE WORLD DRIVERS' championship may be settled but that's not going to make any difference to 21 men chasing the chequered flag in this weekend s Singapore Powerboat Grand Prix at Marina Bay. The drivers have personal reasons for
        614 words
      • Article, Illustration
        Lock icon Strange shoots sensational round for first lead
        413 14 GOLF AP AFP US OPEN winner Curtis Strange fired a sensational eight-under-par 64 on Thursday that gave him a three-stroke lead after one round in the US$2 million Nabisco Championships of Golf. Strange, who is in the chase for the PGA Tour's leading
        AP; AFP  -  413 words
      • Article
        Lock icon McEnroe beats Mayotte at Stuttgart Classics
        256 14 TENNIS AP JOHN McENROE beat Tim Mayotte 6-3, 6-2, but Ivan Lendl and Jimmy Connors were upset by two West German outsiders at the Stuttgart Classics invitation tennis tournament on Thursday. Carl-Uwe Steeb edged Lendl 7-6 (7-3). 7-5, while Eric Jelen rallied to outlast
        AP  -  256 words
      • Article
        Lock icon Leconte regains confidence in London Grand Prix
        300 14 Reuter UPI HENRI LECONTE. prancing and dancing in exuberant mood, won a battle with his confidence as he brushed aside Alexander Volkov of the Soviet Union in the London Grand Prix tennis tournament on Thursday. Leconte, favourite to win the U*****,000 indoor event,
        Reuter; UPI  -  300 words
      • Article
        Lock icon Top players want less hectic lives
        297 14 Reuter THE WORLD'S top men tennis players are looking forward to a quieter, less hectic life. It now seems certain the players will run their own circuit from Jan 1, 1990 and they hope the new, shorter tour will mean more rest, fewer injuries
        Reuter  -  297 words
      • Article
        Lock icon It's been a great come-Beck
        677 14 NYT WHEN CHIP BECK looks back at his career, he sees it in three phases from great expectations to failure to success by perseverance. And now sitting on top of more money than he ever believed possible, Beck says each step on his way up
        NYT  -  677 words
      • Article
        Watch out for Miami & I, Bellidancer and Golden Sand
        380 14  - Watch out for Miami I, Bellidancer and Golden Sand OM TMCk With JEROME FANDOR THE LADIES have been having a good year this year. Mares have won the Kentucky Derby, the Melbourne Cup, and for good Measure II won the Queen Elizabeth II Cup here in Singapore. At the first
        380 words
      • Article
        Trot down to Bukit Timah for a touch of England
        502 14 YOU MIGHT THINK you were in some large park in England, watching the horses gallop by on approach to the Large Heath Logs that make up the first obstacle of the cross-country phase of the President's Trophy 3 Day Event.
        502 words
      • Article, Illustration
        Lock icon McLaren-Honda likely to win Adelaide race
        519 14 F-1 GRAND PRIX UPI THE ALL-CONQUERING AngloJapanese team of McLaren are favourites to top off a recordbreaking year by taking out the Formula One Australian Grand Prix tomorrow. The last race in the year-long, 16-race Grand Prix series, the Australian event will also see
        UPI  -  519 words
  • Page 7 Advertisements
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      Page 7 Advertisements Column 1
      152 7 CONNOISSEURS F O R COLLECTORS When choosing your Dun hill Elite, let The Hour Glass enhance the occasion. r A y S m > 7 ♦r At The Hour Glass, we see ourseh'es as connoisseurs. And our customers as fellow collectors. Not only can u€ show you the widest choice
      152 words
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      Page 8 Advertisements Column 1
      736 8 Where to entertain. 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 specially set aside a Children's Food Corner. Baron s Sunday Buffet a wholesome,
      736 words
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      Page 8 Advertisements Column 2
      288 8 i Splendtde! Over 60 gorgeous French dishes to feast on. The Belvedere is alive with French flavours this November. Do it the French Way. Be sure to go through our delicious hors d'oeuvre selection And for hot dishes, our chefs advise hot French Onion Soup to begin with. Then go
      288 words
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      Page 9 Advertisements Column 1
      211 9 Sunday Brunch: A great family outing It's a wonderful way to combine a late breakfast with an early 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 salad and cheesebdard All ready for you
      211 words
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      Page 9 Advertisements Column 2
      109 9 Treasure Hunt The Great Ballantine's Treasure Hunt latest... One Treasure Chest found, five to go! Read all about it in today's Business Times, Executive Lifestyle section. The hunt is still on for the remaining five Great Ballantine's Treasure Chests. Find any one of these Treasure Chests full of Ballantine's Scotch
      109 words
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      Page 9 Advertisements Column 3
      526 9 v^e^Treasure Hunt One of the six hidden Treasure Chests in the Great Ballartrine's Treasure Hunt has been found on Bukit Timah Hill! But the hunt is still on! Find any one of the other five Treasure Chests full of Ballantina's Scotch Whisky and win an Air Mauritius Kenyan Safari holiday
      526 words
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  • Page 10 Miscellaneous
    • Miscellaneous
      Page 10 Miscellaneous Column 1
      711 10 mmmm CRYPTIC PUZZLE ACROSS 9 Meet on the trip over (3. 6) 10 Tough guys don't worry ■bout getting better (2. 3. 4) 12 Mince meat? (4) 13 Equally fit. too (2. 4) 14 At first, certain to be terrible (7) 15 Tell one something illuminating about? (9) 17 What
      711 words
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  • Page 12 Miscellaneous
    • Miscellaneous
      Page 12 Miscellaneous Column 1
      1358 12 Conrad, Hitchcock, and Harrison Ford Movies A recently widowed millionairess who goes to her seaside resort to get away from it all promptly gets involved in a passionate love affair with the hired help in A Stranger Walts. Suzanne Pleshette stars as the lonely and vulnerable millionairess while Justin Deas
      1,358 words
    • Miscellaneous
      Page 12 Miscellaneous Column 2
      950 12 SATURDAY BBC 88.9 mHz in VHF Band II GAM Newshour. 7.00 World News. 7.09 Commentary. 7.15 From the Weeklies 7.30 Multitrack 3. 8.00 Newsdesk. 8.30 Personal Vieto 8.45 Recording of the Week. 9.00 News Summary followed by Outlook. 9.25 Financial News 9.30 Classical Record Review 9.45 Book Choice. 9.50 New
      950 words
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  • COMPANIES & STOCK MARKETS
    • Article
      Lock icon What's the stand on cross-holding?
      746 15 n mm*** HOCK LOCK SIEW FRICTION BETWEEN the Kuala Lumpur Stock Exohange and the Capital Issues Committee (CIC) is long standing. Ten years ago, friction already existed. Friction still exists today. Such friction is unavoidable. After all, the CIC is a government regulatory body that
      HOCK LOCK SIEW  -  746 words
    • Article
      Lock icon KLSE second board ready for listing
      436 15 Bernama THE KUALA LUMPUR Stock Exchange (KLSE) has launched a second board for viable and profitable companies with capital of between Mss million and Ms2o million and a track record of two to three years. KLSE chairman Nik Mohamed Din Nik Yusoff said with
      Bernama  -  436 words
    • Article
      Maybank hit by losses at Kwong Yik Bank
      554 15  -  By HERMAN PHUA MALAYAN BANKING BHD, one of Malaysia's leading banking groups, has turned in its worst results in years. Due to heavy losses incurred by its subsidiary, Kwong Yik Bank, group af-ter-tax profit for the year ended June 30, 1988 plunged
      554 words
    • Article
      Polytex Wearnes 37.6 per cent subscribed
      503 15  -  By JOCELYN TOH POLYTEK WEARNES Holdings Ltd has earned itself the dubious distinction of being the first Sesdaq issue to be undersubscribed. The results released by Singapore International Merchant Bankers Ltd showed that its offer of 16 million shares at 76 cents each attracted
      503 words
    • Article
      COMPANY BRIEFS
      146 15 SIR Y K PAO, the Hongkong businessman who is a substantial investor in Standard Chartered pic, has resigned as group deputy chairman and director of the international banking group, according to the bank. Sir Pao resigned on Thursday at the age of 70. Before the bank's £303 million
      146 words
    • Article, Illustration
      Witness tells court what he believes SES does with cash shells
      328 15  -  Insider Trading Trial ALLAN NG PROSECUTION witness Thong Kok Khee told the court yesterday that he believed the SES would give Sealion Hotel Ltd reasonable time to find a new business after becoming a cash shell. Mr Thong, a
      328 words
    • SES
      • Article, Illustration
        Market fails to ride on back of rising Tokyo stock prices
        1478 16  -  ty Kevin Gwee WEAKENED by the declining US dollar, share prices on the Singapore stock market closed on a mixed note yesterday. That the Tokyo stock market reached an all-time high yesterday was of no help. The market opened
        1,478 words
      • Article
        COMPANY MEETINGS
        125 16 GLENEALY PLANTATIONS BERHAD: 29th AGM at Wisma Taiko, No 1, Jalan S P Seenivasagam, Ipoh, Perak on Monday Nov 14 at 2.15pm. HUME INDUSTRIES BERHAD: 29th AGM at the Conference Room, 14th floor, Bangunan Hong Leong, 117, Jalan Bandar, ***** Kuala Lumpur, on Thursday Nov 17 at 2.30pm.
        125 words
      • Article
        SES SHARE INFORMATION
        5515 16 Qr's Qr's 1988 Tel Last Dtv Dtv rid Nat Vol Day Last Quote M Cap Ul_k nign Low Cod* Company Sale NOV 11 Of- C'VT P/E (•000) High Low Buyer Seller $mll SESDAQ 187 114 t 4000 Amtek Eng 20* 121 -1 10.ON 7.1 1.5 8.6 103
        5,515 words
    • KLSE
      • Article, Illustration
        Lock icon KL shares mixed to easier
        3351 17 NST LATE LIGHT BUYING stemmed early selling but was not strong enough to reverse the tide and share prices closed mixed to easier on the Kuala Lumpur stock market yesterday. The only bright spot yesterday was the listing of KFC Holdings. The counter was easily
        NST  -  3,351 words
    • REGIONAL MARKETS
      • Article, Illustration
        Lock icon Taipan's sudden exit will not affect Jardine
        598 18 Company 'strong enough to survive' Reuter JARDINE MATHgSON the big Hongkong trading company used as the basis of author James Ciavell's book Noble House is strong enough to survive the sudden exit of its first American taipan (managing director) after less than six
        Reuter  -  598 words
      • Article
        Lock icon Big profits seen by top Japan traders
        574 18 Reuter JAPAN'S major trading houses are likely to post better-than-expected net profits later this month, largely due to increasing profit margins in their domestic and import business. analysts polled by Reuters said. The net profits of the five major houses for the six
        Reuter  -  574 words
      • Article
        Lock icon Taipei stock fluctuation limit raised
        85 18 Reuter STARTING next Monday. Taiwan stock prices will be allowed to fluctuate five per cent each day as opposed to the current limit of three per cent, the Securities and Exchange Commission (SEC) announced. A senior SEC official said the change was intended to allow
        Reuter  -  85 words
      • Article, Illustration
        Lock icon Record high
        597 18 Tokyo Reuter SHARE prices on the Tokyo exchange yesterday soared to close at a record traded high on optimism over a strong yen and low interest rates. "The market has moved away from concentration in mainly large capital asset stock to some re-investment, not just trading.'' said Craig
        Reuter  -  597 words
      • Article, Illustration
        Lock icon Stocks close lower
        572 18 Australia Reuter HIGHER interest rates kept a firm hold on any upward movement in the Australian share market, and stocks closed lower in thin trading yesterday. One broker said the firm Australian dollar and easier gold bullion prices added to the negative sentiment. He said the market
        Reuter  -  572 words
      • Article, Illustration
        Lock icon Shares finish firmer despite profit-taking
        1329 18 Hongkong Reuter HONGKONG stocks, inspired by Tokyo's surge to a record high, closed firmer yesterday despite light profit-taking in late afternoon trade, brokers said. The Hang Seng index closed the week at 2,583.74 points, up 6.73 from the previous close but 0.77 below last Friday's
        Reuter  -  1,329 words
      • Article
        Lock icon Taipei: Stocks end higher
        586 18 Reuter THE Taiwanese stock market posted further gains in late morning trade yesterday, pushing the weighted index higher almost across the board, brokers said. The index jumped 155.76 points, or 2.36 per cent, to end at 6,760.46 against 6,664.38 in early trading and Thursday's 6,604.72 finish.
        Reuter  -  586 words
      • Article
        Lock icon Seoul: Rally continues
        164 18 Reuter SHARE PRICES in Seoul rose to a record high for the second consecutive day yesterday on active buying from private investors. The Composite Index rose 3.05 points to 775.07 near the close against Thursday's record of 772.02. Turnover was 348 billion won against Thursday's close of
        Reuter  -  164 words
      • Article
        Lock icon Bangkok: Shares take a dip
        197 18 Renter THAI STOCKS closed lower in moderate trading yesterday as investors saw no immediate factors to prop up the market. Brokers said many investors shifted positions to debuting stocks Krung Thai Feedmill and Song- kha Canning. The Securities Exchange of Thailand Index fell 2.36 points
        Renter  -  197 words
      • Article
        Lock icon Manila: More ground lost
        113 18 Reuter PHILIPPINE share prices closed mostly lower yesterday following a technical correction led by mines and oils. "It was a technical correction that reflected a drop in copper prices, and also disappointment in the Esperanza oil drilling (offshore Palawan)." said Hermie Santiago, a trader at Pryce
        Reuter  -  113 words
    • WORLD MARKETS
      • Article, Illustration
        Lock icon Second straight fall for Dow
        827 19 New York Reuter WALL STREET blue chips closed lower for the second successive day on Thursday, with some of the slowest trading seen in weeks. Traders said a partial US holiday today for Veterans Day kept many participants out. Lingering weakness in the dollar added
        Reuter  -  827 words
      • Article, Illustration
        Lock icon Equities open quietly mixed
        973 19 London Reuter EQUITIES on the London exchange yesterday began quietly mixed, and i traders expected little fresh action because of the European Armistice Day holidays and Veterans Day partial holiday in the United States. A record close on Tokyo, where stocks jumped 1.15 per cent, helped
        Reuter  -  973 words
      • Article
        Lock icon EUROPEAN MARKETS ROUNDUP
        1790 19 Reuter AMSTERDAM Dutch share prices opened hesitantly softer yesterday dominated by concern over current developments on the foreign exchange markets, share dealers said. Worries about the US September trade deficit due out Wednesday and an uptrend in US interest rates, which could pull up rates here, was
        Reuter  -  1,790 words
      • Article
        Lock icon Europeans team up for high-tech battle
        570 19 Reuter LEADING high-technology companies in Europe are joining forces to battle the US and Japan when European trade barriers fall in 1992. "The fact that major competitors get together and decide not only to do joint research but move to joint production is a
        Reuter  -  570 words
      • Article, Illustration
        Lock icon UK tells Elders to stop hostile buying
        443 19 Reuter BRITAIN has ordered Australian Fosters' lager giant Elders IXL Ltd to stop buying shares in a big British brewery which it is trying to take over. Trade and Industry Secretary Lord Young issued the order when Elders continued to raise its stake
        Reuter; Source: FT Cartoon  -  443 words
      • Article, Illustration
        Lock icon Shell's group net income up 18pc
        337 19 Reuter THE ROYAL Dutch/Shell Group said strong performances from its manufacturing, marine, marketing and chemicals activities more than compensated for a fall in third-quarter earnings from production and exploration. The company earlier reported third quarter results which showed a higher-than-expected 18 per cent rise
        Reuter  -  337 words
  • Page 15 Advertisements
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      Page 15 Advertisements Column 1
      201 15 APPOINTMENT j$ COSDEL (SINGAPORE) PTE LTD The company, which has an exclusive chain of retail outlets, and is a sole distributor of several leading brands of fancy stationery, greeting cards and gift items has, as a result of a re-organization, created the position of:SALES MANAGER The Job To lead a
      201 words
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      Page 15 Advertisements Column 2
      83 15 CURRENCY INVESTMENT M. AMI KIC.W I XI'KI ss |(\\K TEL: 321 3333 SOTHEBY'S FOUNDED 1744 The Hoomfield Collection Of Violins Bows 24 Novemberl9BB London A :> ♦is Y M v« (from left to right) Violin By Jacob Stainer 1668 Estimate £70,000-85,000 "The Baron Heath violin By Joseph Guaneri Del Gesu,
      83 words
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  • Page 18 Advertisements
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      Page 18 Advertisements Column 1
      405 18 NOTICES IN THE MATTER OF THE 1 COMPANIES ACT, CAP. 50 WAN BEE (S) PTE LTD (In Voluntary Liquidation) At an Extraordinary General Meeting of the members of Wan Bee (S) Pte Ltd duly convened and held at 6001 Beach Road #09-02. Golden Mile Tower. Singapore 0719 on 7th November
      405 words
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      Page 18 Advertisements Column 2
      257 18 IN THE MATTER OF THE COMPANIES ACT. CHAPTER 50 WORLD CORPORATE TRADE SERVICES PTE LTD MEMBERS' VOLUNTARY LIQUIDATION At an Extraordinary General Meeting of the Company deemed to be held on November 4, 1988 the following special resolution was duly passed: "That the Company be wound up voluntarily and that
      257 words
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      Page 18 Advertisements Column 3
      203 18 IN THE MATTER OF THE COMPANIES ACT, CAP 50 AND IN THE MATTER OF ASIAVISION RENTALS (SINGAPORE) PTE LTD (In Members' Voluntary Liquidation) NOTICE OF FINAL MEETING NOTICE IS HEREBY GIVEN pursuant to Section 308 of the Companies Act, Cap 50, that a Final Meeting of the Members of the
      203 words
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      Page 18 Advertisements Column 4
      10 18 M onagers ust anage BT shows you how every Monday.
      10 words
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      Page 19 Advertisements Column 1
      257 19 APPOINTMENT KUWAIT ASIA BANK E.C. Singapore Branch invites applications for the following position: Senior Banker Kuwait Asia Bank founded in March 1981 and registered in Bahrain as an offshore Bank is looking for senior management position for rts Singapore based operations The primary emphasis of the Bank Is to identify,
      257 words
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  • Article, Illustration
    Lock icon Bank loans hit record high of $40 billion
    427 20  -  By QUAK HIANG WHAI TOTAL bank loans, including bill financing, hit a record high of $40 billion at the end of August, reflecting the buoyant economic conditions here. Figures released by the Monetary Authority of Singapore yesterday show total outstanding bank loans
    Source: MAS  -  427 words
  • Article
    PM stops over at resort before talks with Aussie officials
    248 20 PRIME MINISTER Lee Kuan Yew and his party will retreat to a newly-completed resort in the Blue Mountains, about 120 km west of Sydney, to spend his first weekend in Australia. He is expected to have a game or two
    248 words
  • Article
    Lock icon Beware leaders who exploit Malay unity issue, warns Hussein Alatas
    145 20 Bernama UNIVERSITI Malaya Vice-Chan-cellor Professor Syed Hussein Alatas said last night that the people should not be influenced by certain leaders who used the Malay unity issue to further split the community. These leaders, on the pretext of making efforts
    Bernama  -  145 words
  • Article
    Lock icon New Constitution won't solve Fiji's economic woes: PM Lee
    323 20 AFP FIJI'S economic problems will not be solved by a new Constitution being proposed following two military coups in the South Pacific island nation last year, Singapore Prime Minister Lee Kuan Yew said yesterday. "The basic problem in Fiji which led
    AFP  -  323 words
  • Article
    Lock icon Palestinians plan to declare independent state at Algiers meeting
    265 20 Reuter PALESTINIANS from across the world gathered in Algiers yesterday, planning to declare the independent state which their fathers and grandfathers rejected when the UN made the offer more than 40 years ago. Members of the 448-seat par-liament-in-exile known as the
    Reuter  -  265 words
  • Article
    Lock icon Murata to build $33-million plant in Yishun
    138 20 Reuter MURATA Electronics Singapore (Re) Ltd, a wholly-owned Singapore unit of Murata Manufacturing Co Ltd, will start construction of an electronics components plant in Singapore next month, a company spokesman said. The Ss33-million plant is being built to meet increasing demand in South-east
    Reuter  -  138 words
  • Article
    Lock icon Malaysia's recovery programme gets thumbs-up from Bank Negara
    390 20 Bernama MALAYSIA'S economic adjustment programme was given a thumbs-up by Bank Negara Governor Tan Sri Jaffar Hussein yesterday when he said that the economy had emerged leaner and more resilient. "It is now in the midst of a strong and, I believe,
    Bernama  -  390 words
  • Article
    Lock icon US ratifies new rubber pact
    183 20 Reuter THE United States has ratified a rubber agreement scheduled to come into force in January, International Natural Rubber Organisation Buffer Stock Manager Aldo Hofmeister said in Kuala Lumpur yesterday. Ratification by the US. the world's largest consumer of natural rubber, is regarded as crucial
    Reuter  -  183 words
  • Article
    Lock icon China places great importance on ties with Asean
    309 20 Berna-ma-Xinhua AFP CHINA has reaffirmed that it attaches great importance to good neighbourly relations with Asean countries for the attainment of the common objectives of peace and development. In a speech at a dinner held by Thai Prime Minister Chatichai Choonhavan in
    Bernama-Xinhua; AFP  -  309 words
  • Article
    Lock icon Bush states US policy towards Asia
    462 20 Reuter UNITED STATES President-elect George Bush wants to avoid a trade war with Asia, encourage Japan and South Korea to assume more responsibilities and stop Pol Pot from returning to power in Cambodia, a Bush adviser said yesterday. Mr Bush, who was elected on
    Reuter  -  462 words
  • Article
    Lock icon Bush disavows Feldstein's $ stance
    118 20 Bush disavows Feldstein's stance Reuter PRESIDENT-ELECT George Bush's advisers have disavowed comments about the US dollar made by Martin Feldstein, a top economic adviser to the Bush campaign. Mr Feldstein, a Harvard University professor who used to be chief economic adviser to President Reagan, said on Wednesday that the value
    Reuter  -  118 words
  • Article
    Comex gold and silver
    96 20 COMEX GOLD FUTURES firmed early yesterday on buying against the US dollar s continued drop, but the trading pace was subdued with the closing of US banks for Veterans' Day putting a damper on professional participation. Traders were also squaring on yesterday's December option expiration. Gold
    96 words
  • LATE FILE
    • Article
      Lock icon HK trade up 35pc in September
      50 20 AP HONGKONG'S merchandise trade in September amounted to HK190.878 billion, up 35 per cent from a year earlier. The Census and Statistics Department said yesterday that domestic exports in September were HK519.95 billion, up 12 per cent from the same month last year. AP
      AP  -  50 words
    • Article
      Lock icon Plant, equipment investment to rise
      42 20 AFP JAPANESE investment in plant and equipment is likely to rise 20.5 per cent in the current fiscal year, the sharpest increase since 1980, when it grew by 24.7 per cent, the Economic Planning Agency said yesterday.—
      AFP  -  42 words
    • Article
      Lock icon West German Speaker resigns
      57 20 Reuter THE SPEAKER of West Germany's Parliament resigned yesterday over his speech on the 50th anniversary of a Nazi anti-Jewish pogrom, in which he said that many Germans had regarded Adolf Hitler as a saviour. All political parties welcomed the resignation, saying that it was necessary
      Reuter  -  57 words
    • Article
      Lock icon Maldives calls for mass enlistment
      64 20 Reuter PRESIDENT Maumoon Abdul Gayoom, eight daya attar surviving the third coup attempt of hit 10-year rule, yesterday called on all able-bodied men in the Maldives to enliat in the nation's security force. President Gayoom made hia enlistment call in a speech after taking the
      Reuter  -  64 words
    • Article
      Lock icon Labour suffers poll reverse
      57 20 Reuter BRITAIN'S Opposition Labour Party has suffered a humiliating defeat at the hande of Scottiah nationalists in a by-election in Glaagow. The Scottiah National Party's candidate, Jim Sillara, aeized one of Labour's safest parliamentary seats by winning 14,700 votes compared to 11,100 for Labour'a Robert Gilleapie
      Reuter  -  57 words
  • Page 20 Advertisements
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      Page 20 Advertisements Column 1
      125 20 Blua Mountains enjoying a rsvlval, PAGE 6 PROPERTY INVESTMENT OPPORTUNITY IN JOHOR BAHRU, MALAYSIA. BUNGALOWS AND VACANT BUNGALOW LOTS complete with infrastructural facilities on freehold tenure is available for sale to investors. LOCATION 2 miles from the Johor Bahru-Singapore causeway in a prime residential locality on well elevated ground. A
      125 words
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      Page 20 Advertisements Column 2
      8 20 Bank home schemes hit finance companies, PAGE 5
      8 words
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      Page 20 Advertisements Column 3
      189 20 Bush saan insisting strongly on fair trade, PAGE 3 s V :JC-£2&. m I» ■Fill i. m -r &M Wil 4 i££i H 6&-> v >. r I *i *s»t k <3f «*> im. t aw i» l I k'fi i'Burberrvs'; i c*» v; Authorised Dealer.>: DAIMARI' ISETAN—HA XFLOCK; ORCHARD
      189 words