The Business Times, 6 May 1989

Microfilm: NL16541
Total Pages: 20
1 20 The Business Times
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  • Title Section
    Masthead
    12 1 BUSINESS TIMES MCI (P) 45/12/88 Weekend Edition, May 6-7 1989 75 CENTS
    12 words
  • Article
    FINANCIAL NEWS SUMMARY
    260 1 Dow up WALL STREET stock prices opened sharply higher yesterday on news that unemployment in the US had increased to 5.3 per cent in April, from 5.0 per cent the I previous month. The Dow Jones index of 30 blue chips jumped 10.27 points, to hit 2
    260 words
  • Article
    Lock icon Unemployment rate in US rose to 5.3pc in April
    123 1 Reuter THE US CIVILIAN unemployment rate jumped to 5.3 per cent last month from a 15-year low of 5 per cent in March as the pace of job growth declined sharply, the Labour Department in Washington said yesterday. The number of
    Reuter  -  123 words
  • Article, Illustration
    S'pore, Sydney markets close easier
    179 1 REGIONAL MARKETS turned in a mixed day with Hongkong making gains and Singapore and Sydney closing slightly easier. Tokyo remained closed for its Golden Week holidays. The Singapore market continued to consolidate, with bouts of profit-taking, as investors became cautious ahead of the long weekend.
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  • Article
    US dollar rises in Europe
    125 1 THE US DOLLAR opened higher against major currencies in Europe yesterday, following a statement from a senior Federal Reserve Board official that boosted an already bullish dollar market. FED vice-chairman Manuel Johnson said the US authority was not troubled by recent dollar movements. He said
    125 words
  • Article
    Top brains meeting to map out strategy to sell S'pore
    384 1 SINGAPORE Inc hopefully will be born in August. This is because about 500 top civil servants and chief executive officers from leading private sector companies will meet to map out a strategic national marketing plan to sell Singapore as a
    384 words
  • Article
    Hewlett Packard to transfer new PC division to S'pore
    696 1  -  EXPANSION PLAN WILL ENABLE HP TO COMPETE IN ASIA By JEFFREY TSANG HEWLETT PACKARD plans to transfer an entire new division to Singapore to make personal computers as part of a major restructuring and expansion plan involving its local operations. This
    696 words
  • Article
    Lock icon MPHB turns in M$16.4m profit
    538 1 Bernama MULTI-PURPOSE Holdings Bhd (MPHB), the target of a controversial M 51.13 billion takeover bid, has returned to the black for financial year 1988 For the 12 months ended Dec 31, 1988, the group recorded an attributable profit of M 516.35 million or earnings per
    Bernama  -  538 words
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      Page 1 Advertisements Column 1
      197 1 Nikon Th« tttorid't Finos* Photographic System. Full report, PAGE 8 Regional mkts, PAGE 7 World mkts, PAGE 6 |<%;(|>%+}-(]}'${~&:&[}]]@^%_)| Technology 2 Editorial Comment: Sisir offers to get experts No child's play, these cases Multilateral aid 4 Auditing 19 ADB consortium bank planned Soviets sail unchartered waters US budget 4 Education
      197 words
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      Page 1 Advertisements Column 2
      179 1 Tlw World's FlnMt PhotogmpNc m i Pursuits High anxiety for high-flyers Page 11 Behind the scenes at Channel 12 Page 12 Can huge doses of vitamins cure diseases? Page 14 Australia's distinguished Brown family Page 15 TV programmes for today and tomorrow Page 16 Spirts Love on the fast track
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  • HOME NEWS
    • Article
      Sisir offers help in getting technology experts
      282 2 THE SINGAPORE Institute of Standards and Industrial Research (Sisir) is offering a new service which will help secure the services of local and overseas technology experts for those who need them. The Expert Sourcing Programme (ESP) is open to individuals. associations, professional societies,
      282 words
    • Article, Illustration
      More places for gifted children next year
      505 2  -  Ministry to focus on primary school education By SHOEB KAGDA MORE PLACES for gifted children will be available next year when an additional primary school is drafted into the Gifted Education Programme (GEP), said Education Minister Dr Tony Tan yesterday. Speaking at a
      505 words
    • Article
      Companies urged to play match-maker for staff
      391 2 DO BOSSES consider staff welfare programmes counter-pro-ductive to corporate goals? This question was posed by Or Seet Ai Mee. Minister of State (Community Development), when she urged private sector companies to play match-maker for their employees who are single. Compared with government departments,
      391 words
    • Article
      HDB warns against use of flats for public worship
      154 2 THE HOUSING Development Board (HDB) yesterday reminded flat owners that they should not use their flats for public worship and public religious gatherings. "HDB flats are for dwelling purposes." said an HDB spokesman. adding that flat owners could face prosecution if
      154 words
    • Article
      Robots for the home
      151 2 ROBOTS have a place in the home too, not just the workplace that's the message that next month's Robotics Festival will seek to impart. The festival is part of ongoing efforts to develop an automation culture in Singapore. An exhibition at the Singapore Science Centre Automate
      151 words
    • Article
      Better skills, much better salaries
      156 2 PAY RISES of workers who have been trained in new or critical skills could go up by as much as 30 to 40 per cent, say companies which have invested in such training for their employees. SGS-Thomson said that the $1.2 million it was investing
      156 words
  • COMMODITIES
    • Article
      Rubber
      263 2 SINGAPORE: Rubber prices closed higher yesterday with June 1 RSS buyer quoted at 195.25 cents a kg, up 1.75 cents from Thursday's close. Dealers said prices were slightly higher in the afternoon on short-covering after recent falls. Trading was quiet with most traders kept to the sidelines. On the
      263 words
    • Article
      KL Tin
      156 2 THE Kuala Lumpur Tin Market (KLTM) closed unchanged from Thursday at M 527.98 a kg in brief trading yesterday. Brokers said both buyers and sellers decided to close deals at the starting level. "The slackened activity was due to lack of fresh demand ahead of the market closure
      156 words
    • Article
      RAS and MRELB
      270 2 RAS prices in S cents/kg, FOB in bales NOON CLOSE Buyers Sellers Buyers Sellers lot 1 RSS Prompt 198.00 199.00N 198.00 199.00N bit 1 RSS June 89 195.25 196.25N 195.25 196.25N Int 1 RSS July 195.00 196.00N 195.00 196.00N Int 2 RSS OP 192.00 194.00N 192.00 194.00N
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    • Article
      SSR and SMR
      79 2 Icents/kg) JUNE 1989 JULY 1989 (current month) (forward month) NOON NOON RAS Buyers Sellers Buyers Sellers S58 20 170.00 172.00N 170.00 172.00N SSB 30 168.00 170.00N 168.00 I70.00N MRELB Buyers Sellers Buyers Sellers SMR CV 271.00 273.00N 273.00 275.00N SMR I SMR 5 272.00 274.00N 274.00 276.00N
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    • Article
      Produce Prices
      202 2 Chinese Produce Exchange Sellers' noon doting prices on Moy 5 (SS/100 kg) Coconut oil Bulk FOB 103.00 Old drum FOB 113.00 New drum FOB 117.00 Copra Mixed (loose) 61.00 sellers Pepper Muntok white FOB NIW 627.50 Sarawak white FOB foq NIW 617.50 Sarawak special black FOB NIW 437.50
      202 words
    • Article
      Precious Metals
      306 2 HONGKONG: Gold closed little changed in quiet and thin two-way trade yesterday as investors awaited the release of US April employment data due at 1230 GMT. dealers said. Prices moved narrowly all day and dealers said the trend would continue because many trading centres were on holiday. They
      306 words
    • Article
      London markets
      257 2 London Commodity Exchange Buyer/Seller closing prices on May 3 (£/tonne unless specified). Previous closing prices in parenthesis. Coffee Basis in-store London, s«ll«rs option CIF London May 1158/1160 (1160/1170) High/Low 1170/1155 July 1106/1108 (1115/1120) High/Low 1112/1101 Sales (1977) Cocoa May 725/726 (726/727) High/Low 729/725 My 744/745 (749/750) High/Low 748/743
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    • Article
      Palm Oil
      417 2 MALAYSIAN CRUDE PALM OIL FUTURES closed mixed in the absence of fresh leads on the Kuala Lumpur Commodity Exchange (KLCE) yesterday. The market opened around overnight levels but eased thereafter on profit-taking activities ahead of the Hari Raya festive holidays. But the market finished higher towards the close
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    • Article
      Lock icon Crude Oil and Products
      159 2 Telerate FUEL OIL prices were steady in the Singapore market yesterday. Sell indications for end-May CST-180 were around US$lOl tonne cif/fob Sing Buy indications weakened slightly to around US$97-US$9B tonne for May and US$95-US$96 tonne fob Sing for June CST-180. A Saudi tender to sell 2x
      Telerate  -  159 words
    • Article
      Soybean & Wheat
      108 2 Soybean Wheat CHICAGO Board of Trade wheat futures eased to close mixed on Thursday, ranging from down 2-1/2 cents per bushel in May at U554.35 to up two cents in new crop May. CBT corn futures eased late to close down 1-1/2 cents to 3/4 cent per bushel. July settled
      108 words
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  • Page 3 Advertisements
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      Page 3 Advertisements Column 1
      929 3 How To Run A Bank For People Who Create Wealth The American Express Bank is organised around the individual whose wealth is the product of personal enterprise. How we serve such clients is as important as the services we provide. Here are the principles that guide our managers in 105
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  • OVERSEAS
    • Article
      Lock icon ADB officials promote consortium bank plan
      568 4 But US wary of Japanese dominance FT THE Asian Development Bank, the region's multilateral aid conduit, has floated plans to set up a consortium bank which could help Japan recycle its huge trade surpluses and increase lending to the private sector. The proposal was
      FT  -  568 words
    • Article
      Lock icon Hawke hits out at 'massive' coal subsidies
      173 4 FT AUSTRALIAN Prime Minister Bob Hawke has accused Britain, West Germany and Japan of "massively subsidising" their production of coal, at enormous cost to their homes and industries and with damaging consequences for world trade His attack on Thursday marked an escalation of
      FT  -  173 words
    • Article
      DAILY AIRCRAFT MOVEMENTS
      1011 4 ARRIVALS Operator S«rvice Local From number time SIA SQ011 0040 LAX/NRT MAS MH601 0130 KUL CAL Q333 0405 TPE SIA SQ401 0555 CMB SIA SQ409 0610 MAA MAU MK746 0725 MRU SIA SQ023 0755 AMS/BOM MAS MH640 0820 KUL SVA SV398 0835 JED/RUH KAL KE624 0840 KUL
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    • Article, Illustration
      Lock icon China expresses caution over Taiwan's proposed role in new investment agency
      400 4 AP PEOPLE'S Bank of China deputy governor Oiu Qing expressed caution yesterday over Taiwan's proposed role in a new investment agency to be set up by the Asian Development Bank (ADB). Mrs Oiu told a news conference on the
      AP  -  400 words
    • Article
      Lock icon Congress passes budgets with minimal deficit cuts
      412 4 NYT THE UNITED STATES Congressional House and the Senate on Thursday approved separate US$l.l7 trillion budgets for the 1990 fiscal year that call for minimal deficit reduction and which postpone painful tax and spending decisions that lawmakers and the Bush administration were unwilling
      NYT  -  412 words
    • Article
      Aquino expected to discuss aid plans with Takeshita
      497 4  -  By AL O LABITA JR, MANILA'S apprehensions over the fate ol international aid commitments are expected to crop up when Japanese Prime Minister Noboru Takeshita arrives in Manila today on the last leg of hir. six-nation Asean swing. Although Mr Takeshita has
      497 words
    • Article
      Lock icon Federal agents search offices of New York futures traders
      423 4 Reuter US FEDERAL agents descended on New York's major futures exchanges on Thursday, issuing subpoenas to traders and using search warrants to obtain documents in the second major investigation of the industry to come to light this year. The Commodities Futures
      Reuter  -  423 words
    • Article
      Lock icon IBM keen to join US$4b research project but faces European opposition
      372 4 NYT THE International Business Machines Corp has expressed interest in joining a US$4 billion government-backed European semiconductor research project, industry officials said, but European electronics companies are blocking IBM's membership. IBM Europe is talking to members of the research
      NYT  -  372 words
  • Page 4 Advertisements
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      Page 4 Advertisements Column 1
      36 4 The busineti penon't choioc every Tuetday. Thursday. Saturday and Sunday. Leaving Changi Airport at 22:05 hour* and arriving Heathrow early the following morning. CjUyour Travel Agent or Air Cjmdt a/ 7)2t555. A BREATH OF FRESH AIR
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  • Page 4 Miscellaneous
    • Miscellaneous
      Page 4 Miscellaneous Column 1
      192 4 y/Ag a Cloudy Clear Cloudy Cloudy Sunny Clear Clear Sunny Cloudy Clear Cloudy Sunny Fine Clear Cloudy Cleor Clear Cloudy Roin Cloudy Roin Clear Fine Cloudy Clear Cleor Cloudy Cloudy Fine Cloudy Clear Cloudy Cloudy Sunny Clear Clear Clear Foir Cloudy Cleor Cloudy Clear Cleor Sunny Cloudy Singapore OUTLOOK: Showers
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    • Miscellaneous
      Page 4 Miscellaneous Column 2
      79 4 Doonesbury sw*s A il 5! PO YOU THINK HPS BEENHURJBY ONLY INTTIATIN3 'REVIEWS "INSWAP OF ACTUAL y POLICIES* I H I? lea r a BY GARRY TRUDEAU JUST LOOK AT HIS FORBI6N POLICY! AS PREVIOUSLY ANNOUNCE?, U/L NOOU HAVE IN PLACE A BRANPNEW POLICY CALLEP "STATUS QUO-PLUS 7 PLUS UIHAT,
      79 words
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  • MONEY AND EXCHANGES
    • Article
      Lock icon Malaysian cooperative bank's receivers to sue borrowers for fraud
      280 5 Reuter RECEIVERS of Malaysia's largest cooperative bank. Cooperative Central Bank (CCB). said they would sue more than 100 borrowers who tried to defraud the bank of more than Ms7oo million. "We will file police reports against the borrowers for fraud next
      Reuter  -  280 words
    • Article
      Forex markets
      938 5 SINGAPORE: After climbing back in New York on Fed vice-chairman Johnson's remarks that the US dollar s current levels were not troublesome for the Fed which the market took to interpret as a hint that the US will tolerate a higher target zone for the buck the dollar
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    • Article
      IMM
      222 5 IMM CURRENCY FUTURES closed mixed on Thursday but were near the lowest levels of the day after Federal Reserve Governor Manuel Johnson said the US central bank was not concerned about the dollar s recent rally. "Johnson's comments challenge the idea that the Fed will ease if it likes
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    • Article, Illustration
      World interest rates
      201 5 Indicates the average of the prime lending rate* of 12 major banks in S'pore Interbank market rates (offer/bid) on May 5 j US* DM SWFC Yen <•«>»» 9 7/8 9 3/4 13 3/4 13 5/8 <nrt> 9 7/8 3/4 13 11/16 9/16 mih 10 9 7/8 13
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    • Article
      Government Securities Market
      110 5 Treasury bills Period Issue Yesterday's closing Day's code Maturity BID OFFER HIGH LOW 3 months BQ*****S 03.08.89 4.29 4.24 4.30 4.25 6 months BS*****N 27.08.89 4.28 4.23 1 y«or BY*****H 23.11.89 4.25 4.20 Government notes and bonds Period Issue Maturity Coupon Yesterday's closing Day's code rate BID
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    • Article
      Money markets
      70 5 THE OVERNIGHT RATE on the Singapore money market rose by 1/4 point to close at 5 1/2 per cent yesterday. Short-term rates were unchanged except for the one-month rate which fell by 1/16 point. S$ Interbank rates at the close yesterday: ornt BIO 0**r- 5 1/2 5 3/8
      70 words
    • Article
      Foreign Exchange
      270 5 Rates as at 3pm yesterday: Currencies Interbei nk relet* Smithsonian Mo. ney croti change* changer ralei4 BIO OFFER pertly* BIO OFFER Local dollar* to one unit of foreign currency: Australian dollar 1.5624 1.5651 3.4286 -54.43 1.5580 1.5610 Canadian dollar 1.6481 1.6503 3.4206 -51.82 1.6370 1.6400 NZ dollar 1.2181
      270 words
    • Article
      Asian dollar market
      250 5 ASIAN DOLLAR deposit rates ended at their opening levels in quiet trading yesterday. Short-dates and term rates were mostly steady at the outset and remained stable in subsequent trade. The weekend and weekfixed rates closed at 9-7/8 9-3/4 per cent each, one month at 9-15/16 9-13/16 per
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    • Article
      Lock icon Simex
      420 5 BA Futures JUNE Eurodollar futures opened four ticks higher at 90.08 on technical correction yesterday after Wednesday's Chicago sell-off. Trading was listless as dealers refrained from taking positions ahead of the April US employment data later last night. The June contract traded in a tight range from 90.09 to
      BA Futures  -  420 words
    • Article
      Comex gold/silver futures
      185 5 Gold futures on May 4 1989 100 troy ounces. US$ per troy ounce Op«n High Low SMtta Mar 377.70 -070 Jvn 380 50 381 80 379 30 379.60 080 M 381.70 -0.80 Aug 385 00 385.90 383 50 383.80 -0.80 Oct 389 80 389.80 389.00 388.40 0.80
      185 words
    • Article
      Offshore bank arranges facility for SGS-Thomson
      331 5  -  By QUAK HIANG WHAI SGS-THOMSON Microelectronics has signed a guarantee facility agreement with offshore bank Istituto Bancario San Paulo Oi Torino to support a $60 million loan provided by the Economic Development Board. The EDB loan will be used to finance SGS-Thomson s wafer
      331 words
    • Article
      Options
      1256 5 CURRENCY FUTURES OPTIONS Friday, May 5, 1989 DEUTSCHE MARK (StMEX) May 88 call* May HM Lh Salt HM Sip* 53 54 55 Jim 88 calla Jun High Low San High 88 put* Low 4 104 204 Sad SI S3 53 54 55 56 19 S 31 51 124 52
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  • WORLD MARKETS
    • Article, Illustration
      Lock icon Blue chips pull back further
      877 6 New York Reuter US BLUE CHIPS posted their fifth straight loss on Thursday, as investors retreated to await the April employment report yesterday Buying interest was focused on takeover and rumour issues. Some analysts said the pullback was inevitable, in any case, in view of
      Reuter  -  877 words
    • Article, Illustration
      Lock icon Plessey proposes deal to ward off bid
      547 6 Proposal to buy or sell stake in GEC joint venture FT PLESSEY, the embattled UK electronics group, has offered to buy or sell half of the telecommunicati.ons group it owns jointly with General Electric Company in an attempt to ward off a renewed
      FT  -  547 words
    • Article
      Lock icon Analysts uncertain about potential of new Glaxo drugs
      664 6 Reuter BRITISH pharmaceuticals group Glaxo Holdings pic has a series of promising new drugs under development, the company and share analysts agree, but there is still uncertainty over how much potential will be fulfilled. Glaxo met British pharmaceutical analysts on Thursday to
      Reuter  -  664 words
    • Article
      Lock icon Avon urged to boost share value to pacify shareholders
      668 6 Reuter AVON PRODUCTS Inc needs to take measures to enhance its share value if it wants to avoid a confrontation with shareholders, Wall Street analysts and arbitragers said. A growing militancy among shareholders was signalled at Avon's annual meeting, held one
      Reuter  -  668 words
    • Article
      Lock icon Canadian group likely Guinness Mahon bidder
      253 6 NYT CENTRAL CAPITAL Corporation, the Canadian financial services company, is among the likely bidders for Guinness Mahon Holdings, the UK merchant banking group in which a 61 per cent stake is currently up for sale. The stake was originally owned by Equiticorp of New
      NYT  -  253 words
    • Article
      Lock icon EUROPEAN MARKETS ROUNDUP
      289 6 Reuter ZURICH: Swiss shares closed steady with a firmer touch yesterday but turnover was very low after Thursday's Ascension Day holiday and before the weekend, dealers said. At the close, the all-share Swiss performance index was two points above Wednesday's close at 1,026.9 points. Major banks ended
      Reuter  -  289 words
    • Article, Illustration
      Lock icon Shares open firmer
      979 6 London Reuter LONDON SHARES opened firmer in quiet business yesterday despite Thursday's tower Wall Street close. Dealers said trading may remain quiet until Wall Street s opening after the release of April US unemployment data at 1230 GMT BAT was 14p weaker at 540 after a Californian
      Reuter  -  979 words
    • Article
      Selected indices
      263 6 HONGKONG Hongkong Index Friday 2.***** Thursday 2.129.12 Week ago 2.060 44 Hang Seng Index Friday 3.262.86 Thursdoy 3.***** Week ago 3.***** All Industrials Friday 2.496 9 Thursdoy 2.5001 Week ago Z4697 NEW YORK Dow Jones Thursday 2.***** Wednesday 2.***** Week ago 2.***** TOKYO Nikkei Average Friday Closed Thursday
      263 words
  • Page 6 Advertisements
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      Page 6 Advertisements Column 1
      174 6 The Zurich, Vienna, Johannesburg, Frankfurt, Parts, Brussels, Amsterdam, Milan and Stockholm markets were closed on Thursday pm s America 2020 AD. Terrorist agents of H.A.V.O.C. triggered a nuclear nightmare. Deep underground, a few lucky survivors waited for the day when they could walk once more upon their shattered world. i
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  • REGIONAL MARKETS
    • Article
      Lock icon HK banker and consultant face graft charges
      521 7 AFP A GOVERNMENT debt collector for the Ka Wah Bank and a co-defendant appeared in the Hongkong court yesterday in a corruption case which has aroused wide interest in Asia. No pleas were taken by the Central Magistrate's Court and the case was
      AFP  -  521 words
    • Article, Illustration
      Shares rise sharply on heavy volume
      1384 7 Hongkong LARGE buying orders emerged in late trade yesterday. boosting the Hang Seng Index to close at a new post-Crash high for the second straight day. The Hang Seng Index rose 41.74 points, or 1.30 per cent, to 3.262.86 following Thursday's 2.09 per cent
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    • Article
      Lock icon Taipei: Losses
      437 7 Reuter THE TAIWAN stock market yesterday posted losses after most industrial shares weakened in late morning, brokers said. The weighted index fell 29.77 points. or 0.36 per cent, to end at 8,265.47 against Thursday's 8.295.24 close. Turnover fell to NT592.65 billion from NTJ101.62 billion on Thursday. Brokers said
      Reuter  -  437 words
    • Article
      Lock icon NZ: Profit-taking
      198 7 Reuter AS EXPECTED, profit-tak-ers yesterday broke the New Zealand share market's six-day run of rises taking it to a lower close for the day. But brokers said sentiment remained bullish. They expected the market to continue along its upward course next week although this was largely dependent on
      Reuter  -  198 words
    • Article
      Lock icon Bombay: Poor trading
      184 7 Reuter BOMBAY share prices declined in a poor trading session yesterday with investors sitting on the sidelines. brokers noted. They said uncertainty over political developments and extended weekend holidays affected sentiment. The market will remain closed on Monday for Ramadan. Trading resumes on Tuesday. "Rumours of an
      Reuter  -  184 words
    • Article
      Lock icon Manila: Prices up
      158 7 Reuter BULLISH sentiment raised Philippine share prices across the board yesterday. pushing the Manila stock exchange composite index to a new 19-month high, dealers said. The composite index rose 21.22 points to 1,041.57 points. Combined volume at the two bourses fell to 2.1 billion shares worth 176
      Reuter  -  158 words
    • Article
      Lock icon Ranks says it will not raise bid for Goodman
      104 7 Reuter RANKS HOVIS McDougall pic will not raise its £1.236 per share cash or share swap offer for Goodman Fielder Wattie Ltd. Ranks deputy managing director Tim Howden said. "It is a full and fair price." Mr Howden said. He said
      Reuter  -  104 words
    • Article, Illustration
      Lock icon Profit-taking sets in
      560 7 Australia Reuter PROFIT-TAKING and nervousness ahead of yesterday's US employment data combined to lead the Australian share market to a slightly easier close. The All Ordinaries Index was down one point at 1,510.6, well off its early afternoon high at 1.517.8. The All Industrials fell 3.2 points
      Reuter  -  560 words
    • Article
      J Fleming's proposal for listing of Thai Airways
      591 7  -  By MICHELLE OH EVEN while the issue of a listing for Thai Airways International is being debated, Hongkong firm Jardine Fleming has applied to act as underwriter for the flotation. Jardine Fleming and Robert Fleming of London submitted a joint proposal to
      591 words
    • Article
      Lock icon ANI estimates exposure to failed Spedley at A$221m
      611 7 Reuter ENGINEERING GROUP Australian National Industries Ltd (ANI) has estimated its gross potential exposure to the failed Sped ley Holdings Ltd financial group at A 5221.4 million. But net potential exposure would fall to A 5146.0 million after a As7s 4 million
      Reuter  -  611 words
  • Page 7 Advertisements
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      Page 7 Advertisements Column 1
      54 7 In the chaos of the Second World War, A magnificent treasure is buried in the Raffles Hotel Find out what is the last secret of the Raffles in fmstll fOKUUH I 221 MFfUS X Available at all bookshop* Published bq STP Distributors timrs 1 New Industrial Road. Singapore 1963 toou
      54 words
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      Page 7 Advertisements Column 2
      9 7 The Seoul, Tokyo and Bangkok markets were closed yesterday
      9 words
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      Page 7 Advertisements Column 3
      84 7 HOW TO WIN at the JOB GAME A (itdnh 'or frnmcufivm HOW TO WIN AT THE JOB GAME A guide for Executives Looking for an opening? Look first to Edward J Parsons* practical guide for the job hunter. With 20 years of recruitment and training experience. Parsons explores the psychology
      84 words
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      Page 7 Advertisements Column 4
      81 7 rai^v Infant "fl*' msm < \f: x> j/ Available at all good bookshops STP Distributors CORRIGENDUM PROPOSAL TO CHANGE OF SHIP'S NAME With reference to our official notice dated Ist May 1989 regarding the vessel "ALTA" to be renamed "NGS HARVEST" the official number 6092 of gross tonnage 5326 tons
      81 words
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      Page 7 Advertisements Column 5
      490 7 NOTICES rn ltd mten'Vol NOTICE IS HEREBY GIVEN that at an Extraordinary Oanarai Meeting of Seem Contracting Servicee Pta Ltd. duly convened and ha4d at 36 Robineon Road. •06-01. C*y Houee. Srtgapora 0106. on 26 April 1980 the following raaotutkma were duty paaaod aa> SPECIAL RESOLUTION That tha Company ba
      490 words
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      Page 7 Advertisements Column 6
      313 7 OFFICIAL NOTICE PROPOSAL TO CHANGE OF SHIP'S NAME I Mr Lee Chye Hong of Shin Yamato Agencies Pte Ltd, No. 4 5, Stanley Str, S pore 0106 hereby give notice that In consequence of Our principal purchasing the motor tanker m/t Kakuahin Maru, I have applied to the Registrar of
      313 words
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  • SES
    • Article, Illustration
      Malaysian lower-liners and warrants in focus as market consolidates
      1247 8  -  by HERMAN PHUA THE LOCAL MARKET ended the week, ahead of the coming long weekend, in a cautious and consolidatory mood in active trading yesterday. The Straits Times Industrials Index slipped 1.02 points to close at 1,282.52 while the Business Times
      1,247 words
    • Article
      Unit trusts
      328 8 Managers' prices for May 6/9 Singapore Unit Trust The Commerce 1.15 122 The Savings Fund 0 98 104 S'pore Prog Fund 045 049 S'pore Sec Fund 076 OBI S pore Invest Fund 080 085 S'pore Equity Fund 054 058 Asia Unit Trust Mol Invest Fund 1 54 164Mol
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    • Article
      COMPANY MEETINGS
      101 8 THE DBS BANK LTD: 21st AGM at the Board Room, 46th Storey, DBS Building, 6 Shenton Way, Singapore 0106, on Tuesday May 9 at 11.00 am. FAR EAST LEVINGSTON SHIPBUILDING LTD: 23rd AGM at the Registered Office, No. 31 Shipyard Road, Jurong Town, Singapore 2262, on May 9
      101 words
  • Article
    SES SHARE INFORMATION
    6250 8 1989 Tel High Low Code SESOAQ Company Last Sale MAY 05 orVol (•000) Day High Low Last Quote Buyer Seller Gr's Dlv Dlv C'*r Gr's Y'ld Net P/E M Cap Smll 168 93 180 70% 94 100 101 82% 190 91% 104 141 100 87% 120 t
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  • KLSE
    • Article, Illustration
      Firmer finish for KLSE
      3674 9 STRONG BUYING in the afternoon saw share prices closing firmer on the Kuala Lumpur stock market yesterday. Especially buoyant were finance issues and third liners. Trading was brisk and total turnover (including direct business) swelled to 52.9 million units valued at M 588.76 million compared with
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  • COMPANIES & STOCK MARKETS
    • Article, Illustration
      CSH buys 7-Eleven business
      597 10  -  By ROSIE TAN FOOD-BASED Cold Storage Holdings Ltd has bought the 7Eleven convenience store business in Singapore from the Jardine Matheson group for $7 million cash, making it the largest food retail chain here In an announcement yesterday, CSH said the agreement was concluded between its
      597 words
    • Article
      Ming Court buys Plaza Atrium for M$23m
      390 10  -  By JOSEPHINE CHAN PROPERTY TYCOON Ng Teng Fong has, through his listed flagship Ming Court Hotel Ltd, acquired the Plaza Atrium in Kuala Lumpur for Ms 23 million. This is the largest property purchase by Ming Court since it carne under the control
      390 words
    • Article
      Lock icon MBf Finance proposes rights issue
      112 10 Bernama MBf FINANCE Bhd has proposed a one-for-one rights issue of 147.5 million shares of 50 sen each at par. Upon completion of the rights issue, the company's issued and paid-up share capital will increase from M 573.5 million to $147.5 million comprising 295 million
      Bernama  -  112 words
    • Article
      Gold Coin in Philippine aqua joint venture
      254 10  -  By WILLIAM CHIA FEEDMILLER Gold Coin Ltd has teamed up with The Zuellig Corporation to set up a plant in the Philippines to manufacture aqua and other specialty feed. In a statement yesterday. Gold Coin said that a joint venture company known as
      254 words
    • Article
      May 10 deadline for Singland
      215 10 THE STOCK Exchange of Singapore has set May 10 as a deadline for Singapore Land to come out with an announcement on the Gateway Land acquisition. Singapore Land had said in a letter to the SES on May 3 that details about the aborted Gateway
      215 words
    • Article, Illustration
      Lock icon UOB group maps out strategies for the 1990s
      852 10 THE UNITED OVERSEAS Bank group is putting the finishing touches to a set of business strategies designed to meet the challenges of the *****. Disclosing this in his latest annual statement, chairman Wee Chow Yaw said an in-house corporate strategy study team
      Source: UOB Annual Report 1988  -  852 words
    • Article
      SHIPS IN PORT
      1723 10 AT CONVENTIONAL WHARVES Vessel So mud fa J12 06 05 0700 07 OS/2300 Berth Arrival Departure Horunio Joya Sinor Baton SPC *1 Sun Omn No 317 a J4 0605/0800 06 *****0 07 05/2300 0705/0800 KEPPEL WHARVES Dode K33 oiongi.de 0805,2300 JI2 J»/I0 06 05 0800 06 05-0900
      1,723 words
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  • Executive Lifestyle
    • Article, Illustration
      STRAWS in the Wind
      352 11 A COUPLE planning a holiday in New Zealand booked a campervan from a travel company here that had a logo which read "Going out of our way for you". Upon arriving at Auckland airport, two tired infants in hand, they naturally proceeded to the collection address
      352 words
    • Article, Illustration
      Wisps
      1349 11  -  Unseen wisps, What's in a perfume? Far far more than meets the flared nostrils of the unwary admirer. One uses those drops of liquid danger to sear one's mystery into another's memory, writes ASAD LATIF. He pays tribute here to all who make paradoxical scents, and to all whom
      1,349 words
    • Article, Illustration
      High anxiety for high-flyers
      674 11  -  PURSUITS By SAMUEL EE DOES FLYING frighten you? If it does, don't worry, there's something worse in store on this flight the bill may kill you. Depending on your point of view, it could be worth it. This is the ultimate in air travel. Forget queues,
      674 words
    • Executive Lifestyle: Entertainment, the Arts & Pursuits
      • Article, Illustration
        A high-flying junkie mellows over the years
        1126 12 JpBTHOR Tom Wolfe was on tarZgpt when he said: "You can't go 3jme again". Former high-flying SBifcie David Crosby straddles jfnat same thin line when he tries Sjit the notoriety of the acid age gNh rehabilitated eccentricity. vintage Crosby wouldn't •ttWfe dared write
        1,126 words
      • Article, Illustration
        The five-million-rouble cure
        382 12  -  THEATRE By A SURENDREN THE RUSSIANS came to dinner. And they brought Neil Simon along. That, on a short kebab stick, was what happened at Cafe Theatre's dinner theatre presentation of Simon's The Good Doctoral the Mandarin Hotel. Simon based his play, a vignette of 10 short
        382 words
      • Article, Illustration
        Five past... ... Twelve
        1830 12 Five past... Twelve TELEVISION TELEVISION And how is the executive culture buff's godsend faring? Channel 12 turned a bonny 5 years old in January. Are the performing arts more popular now? What can the aficionado expect in the year ahead? LEONG SAU MING went behind the scenes to ask Sandra
        1,830 words
      • Article, Illustration
        A finger on the pulse of the local arts scene
        451 12  -  RADIO By SAMUEL EE RADIO FIVE might be genteel and sophisticated radio but that certainly isn't preventing it from muscling in on reports of the local arts scene for a near-exclu-sive coverage From the beginning of April, a new line-up
        451 words
      • Article, Illustration
        Cast of La Boheme triumphs against many odds
        455 12  -  OPERA By TAN KEE WEE A GOOD ORCHESTRA is essential to any opera. For Puccini's La Boheme, where the infinitely subtle changes in volume, orchestral colour and tempo suggest the depth and the transience of youthful emotions, it is absolutely crucial. Curiosity
        455 words
      • Article
        A winning line of play at the Wee Trophy event
        654 12  -  BRIDGE By SYBIL HOLLOWAY THE WEE TROPHY team-of-four event which took place last weekend was won by the Singapore National Open Team of KT Liao, CL Chia, BT Tan and T Alfons. The other results were: First runners-up the team
        654 words
      • Article, Illustration
        Ethnic Impressionism?
        449 13  -  ART Jy SAMUEL EE DOES THE ART SCENE in Singapore excite you enough to'grab you by the throat? Or is it like a mild gargle no lingering effect even after expending a tremendous amount of energy rolling that liquid in your upturned and open mouth? If the latter
        449 words
    • Executive Lifestyle: Pursuits
      • Article, Illustration
        Can huge doses of vitamins really cure cancer?
        892 14  -  HEALTH By RICHARD SEAH CATCHING A COLD? Take vitamin C. Such advice seems harmless enpugh. In fact, many people even find it useful. Unknowingly, these people are subscribing to a form of therapy that has become highly controversial orthomolecular medicine. Some doctors
        892 words
    • Executive Lifestyle: Entertainment & Pursuits
      • Article, Illustration
        Ahoy, a fashionable cruise!
        525 15  -  FASHION By SAMUEL EE THE THEME of Dunhill's 1989/90 Spring/Summer Collection was "A Gentleman Abroad", but it might as well have been "A Gentleman Aboard'. Aboard an air-conditioned ferry more accustomed to taking tourists for harbour cruises, that is. Novel idea to hold a fashion preview
        525 words
      • Article, Illustration
        A Brown family of distinction
        747 15  -  By N K Yong THE HISTORY of wine-making throughout the world begins with families, but there are not many firms which remain in the same family through the generations since inception. The Brown family of Australia is one such, with the added distinction that all
        747 words
      • Article, Illustration
        BILLBOARD
        842 15 CINEMA Butter Phil Collins (remember the group Genesis?) makes his film debut in this film. I guess it's not enough for him to be just a singer/songwriter. In this movie he plays a thief, robber and fugitive. Midnight show today at Prince 1 and Changi 3. Midnight shows again
        842 words
      • Article
        Tutti Frutti
        241 15  -  FOOD By QUEK SWEE PENG A VISITING design consultant once criticised some editors for disastrously dressing up their pages as if they were bowls of fruit salad. The more varied, the more attractive. The more colourful, the more appetising. "How tasteless," he remarked blatantly. A revolting recipe, indeed.
        241 words
    • Executive Lifestyle: Entertainment
      • Article, Illustration
        Lock icon A no-show gameshow
        1078 16  -  SWITCHING e M A M w.g L I With JAIME LYE, ROGER LOH,NG PENG HUI By NPH ITS YOUR MOVE, SBC If only it were up. After giving it a couple of weeks to iron out its teething problems, one conclusion can be drawn from this new
        By NPH  -  1,078 words
    • Executive Lifestyle: Sports
      • Article
        Make way for the grand old ladies of the road
        496 17  -  RALLY By A SURENDREN TWO WEEKENDS from now. 57 drivers will try their best to get ahead ot each other in the gruelling 350-km route to Desaru. But it is no ordinary rally, because the cars winding their way through
        496 words
      • Article, Illustration
        Always in the running
        535 17 PERSONALITIES By CHARLES SAVAGE AUSTRALIAN Stephen Moneghetti set the third best time this year with his second place in the London Marathon and although Tanya Heath will never beat him in a marathon she has won the more important race, she has won his heart. They
        535 words
      • Article, Illustration
        Lock icon Lendl, Agassi on course
        236 17 TENNIS AP TOP-SEEDED Ivan Lendl warmed to the weather and defending champion Andre Agassi heated up after a slow start on Thursday to move into the quarter-finals of the Tournament of Champions in New York. Lendl used a powerful serve to beat Jordi Arrese of Spain
        AP  -  236 words
      • Article
        Levi takes first-round lead in Byron Nelson
        309 17 GOLF WAYNE LEVI shot an eight-under-par 62 in soggy conditions on Thursday to snatch a one-stroke lead after the rainshortened first round of the US$l million Byron Nelson Golf Classic in Dallas. Levi's effort, capped by a 15-foot birdie putt in near darkness
        309 words
      • Article
        Lock icon Senna takes pole position for Monaco Grand Prix, ahead of Prost
        260 17 MOTOR-RACING UPI BRAZILIAN world champion Ayrton Senna captured provisional pole position for the Monaco Formula One Grand Prix on Thursday, ahead of his McLaren team-mate Alain Prost of France. Senna clocked one minute 24.415 seconds over the 2.068 mile
        UPI  -  260 words
      • Article
        Easy victories for Edberg, Mancini
        171 17 WIMBLEDON VICTOR Stefan Edberg of Sweden swept past West German rival Carl-Uwe Steeb 6-2. 6-4 on Thursday, advancing to the quarter-finals at the U*****,000 Bavarian Open. In another third-round match, Argentina's Alberto Mancini also advanced with an easy 6-4, 6-3 victory over Karel Novacek of
        171 words
      • Article
        Allan finds potential classic winner in Danzadancer
        531 17  -  on TMCK —S. f With JEROME FANDOR With JEROME FANDOR IVAN ALLAN has sent out only 11 winners so far this season, but the classic's specialist will be unconcerned. His goal is to train good winners and in that he has succeeded. To
        531 words
      • Article, Illustration
        Easy Goer odds-on favourite
        316 17 KENTUCKY DERBY EASY GOER has made it easy going for the bookmakers, who have the three-year-old odds-on for the 115 th running of the Kentucky Derby today. Easy Goer, son of Alydar, who finished second to Affirmed in each of the Triple Crown races in 1978,
        316 words
    • Executive Lifestyle: Personal Investment
      • Article
        Brokers recommend property counters Hwa Hong and Pelangi
        692 18 mm MUCH has been reported about property stocks, property deals and property projects. Property and property-related stocks were, and from the looks of it, still a factor in the stock market rally which started early this year. Until now, much of the
        692 words
      • Article
        Where are global markets headed?
        1383 18  -  INTERNATIONAL EQUITIES By AMY BALAN IT'S EASY to be caught up in the local stock rally and forget about the rest of the world. But Singapore is very much part of the global equity village. A world economic upswing or downturn cannot but affect the
        1,383 words
      • Article
        Why time is on the side of government securities
        1053 18  -  BONDS -By AMY BALAN THE $450,000 MEDIA blitz to promote Singapore government securities (SGS) as an alternative investment for the man-in-the-street, created a lot of interest but otherwise has generated relatively little response. This is because the attention of investors. is
        1,053 words
      • Article, Illustration
        Bullish market pushing STII towards 1,370
        323 18  -  ©atpj By Tsang Ong Stockbrokers MARKET sentiments have been extremely bullish in recent weeks. Apart from the substantial increase in overseas funds investing in the local bourse, a large number of local financial institutions have also raised their investment exposure to local stocks. And
        323 words
      • Article, Illustration
        Snapshot of a company's financial position
        512 18  -  By NG PENG HUI FOLLOWING last week's discussion on the profit and loss (P&L) account, we move on to the other important set of figures the balance sheet A company's financial position varies from time to time. The balance sheet provides a "snapshot'' of
        512 words
    • Executive Lifestyle: Letters to the Editor
      • Article
        Allow existing OUB loan stock holders to participate in new issue
        263 19  -  CHAN CHEE HIN, LAU YIAN KONG Dear Sir Please print this for the attention of investors and for comments from the Overseas Union Bank group. We invested in the Overseas Union Bank 7-1/2 per cent convertible unsecured loan stock
        263 words
      • Article
        Postal delays between Singapore, Malaysia
        130 19  -  R MORTIS Dear Sir I wonder whether other BT readers experience postal delays between Singapore and Malaysia? Singapore's Head Post Office states that all mail for Kuala Lumpur leaves on the night mail train at 10pm. Any mail received after that goes by air. That
        130 words
      • Article, Illustration
        How overseas mail is dealt with
        119 19  -  Ms TEO POH WAH Corporate Communications Officer Singapore Telecom Dear Sir We refer to the letter 'Telecom's lucky draw' by D W Distant (BT April 22). Overseas mail with insufficient postage is identified and marked by the postal administration before it is sent to
        119 words
      • Article
        Why not trustee stock status for these?
        186 19  -  INVESTOR Dear Sir On April 6, 1989, two companies Lum Chang Holdings and L M Group Investment were granted CPF trustee stock status. It is interesting to note that only the shares qualify as trustee stocks, whereas the loan stocks of the two
        186 words
      • Article
        More information on the S Besi sale please
        76 19  -  SHAREHOLDER Dear Sir I refer to the recent sale of 30 per cent of Sungei Besi by Tronoh Mines and MMC to a bumiputra company. Could someone kindly tell me whether it would be necessary for the bumiputra company owning 30 per
        76 words
      • Article
        Gateway deal — protecting the ordinary shareholder
        100 19  - Gateway deal protecting the ordinary shareholder HELPLESS SHAREHOLDER Dear Sir The much publicised Gateway Episode' relating to Singapore Land Ltd is a classic example where a conflict of interest between public company stewardship and private interests can prejudice the interests of the ordinary shareholders. Investors like me can only take
        100 words
      • Article
        SEAQ quotes: Why are some blue chips not included?
        83 19  -  LARRY KOH Dear Sir I refer to "SEAQ quotes for 11 Singapore, Malaysian blue-chips' (BT April 25). I am one of those who are surprised that the stocks City Developments. Haw Par and United Overseas Land are included in the London-based
        83 words
      • Article
        Safeguarding a shareholder's rights
        181 19  -  LAU YIN YUEN Dear Sir Recently, I sold my Mulpha (Singapore) Ltd shares immediately after they went ex-rights. A week after I delivered the scrip, I received a notice from the Registrars Transfer Office informing me that the shares I sold have been lodged with it
        181 words
      • Article
        No child's play, these cases
        511 19 QatuAday 6TH MAY, 1989 LITTLE Jassica Zurich of Johore has been grabbing the headlines in Malaysia. The four-year-old girl was born to an unmarried couple and has been raised by foster parents Three years ago, a tug-of-war over her began between the two sets of
        511 words
      • Article, Illustration
        Lock icon Soviet auditors sail into unchartered waters
        1022 19  -  The Soviet Union has a remarkably low number of auditors per head of population, certainly by comparison with Western countries. But as RICHARD WATERS reports, times are changing and the Russians are out to learn from the West. RICHARD WATERS FT WHICH COUNTRY has
        FT  -  1,022 words
    • Article
      Lock icon Hun Sen in Bangkok to discuss next moves with Chatichai
      275 20 AFP PHNOM PENH Premier Hun Sen arrived in Bangkok yesterday to discuss his next moves following progress in talks with Prince Norodom Sihanouk on Cambodia. Mr Hun Sen yesterday met embassy officials from Vietnam, Laos and the Soviet Union and
      AFP  -  275 words
    • Article, Illustration
      Lock icon Takeshita pledges US$2b in new aid for Jakarta
      395 20 AFP JAPANESE Prime Minister Noboru Takeshita yesterday pledged to fulfil Indonesia's request for US$2 billion in new soft loans this year, Indonesian State Secretary Murdiono said. Prime Minister Takeshita has expressed the Japanese government's willingness to fulfil in full Indonesia's request for
      AFP  -  395 words
    • Article
      Closing date for STPB tender deferred by a month
      365 20  -  By LILIAN ANG DEVELOPERS with an eye on the tender for the re-development of the Handicraft Centre site have been given an additional month to plan their projects. The Singapore Tourist Promotion Board (STPB), which called for tenders in early February
      365 words
    • Article
      Lock icon Be assured of policy continuity: Japanese PM
      198 20 Reuter OUTGOING Japanese Prime Minister Noboru Takeshita yesterday pledged a smooth transition of leadership and promised that there would be continuity in government policies after he leaves office later this month. "I think we are proceeding smoothly towards the end of my administration,"
      Reuter  -  198 words
    • Article
      STPB chief sees its bigger role in tourism-related fields
      433 20  -  By SUZANNE SOH THERE IS ROOM for the Singapore Tourist Promotion Board (STPB) to be more involved in tourism-related areas, in the view of its chairman Mr Lim Chin Beng. These areas include the supply and training of workers, standards of
      433 words
    • LATE FILE
      • Article
        Lock icon 'Rouge rejects peace moves'
        71 20 Reuter CAMBODIAN leader Prince Norodom Sihanouk said in Bangkok yesterday that the Khmer Rouge had rejected the results of his talks with Vietnamese-backed Premier Hun Sen in Jakarta this week. The Prince said that he would decide later this year whether to stay with the Khmer
        Reuter  -  71 words
      • Article
        Lock icon 'Currencies set for big rise'
        59 20 AFP THE YEN is likely to rise by around 30 per cent against tne US dollar between now and the end of 1991, and the South Korean won and the Taiwan dollar are likely to appreciate by 15 per cent Britain's National Westminster Bank's said
        AFP  -  59 words
      • Article
        Lock icon Brazil devalues new cruzado
        43 20 AP BRAZIL'S new cruzado has been devalued by 2.04 per cent, effective yesterday, setting the seller s rate at 1.053 per US dollar and the buyer's rate at 1.048. The old rate was 1.032 selling, and 1.027 buying. AP
        AP  -  43 words
      • Article
        Lock icon Iranian call to Palestinians
        38 20 Reuter IRANIAN Parliamentary Speaker Ali Akbar Hashemi Rafsanjani yesterday urged Palestinians to kill Westerners, hijack aircraft, threaten US interests worldwide and blow up factories in the West to regain their rights from Israel. Reuter
        Reuter  -  38 words
      • Article
        Lock icon Naval Tata dead
        54 20 AFP NAVAL Tata, one of India's foremost industrialists, died in Bombay yesterday at the age of 84. Mr Tata had been suffering from cancer. Mr Tata was a leading figure in the Tata group, India's number one industrial enterprise with interests ranging from iron and steel to
        AFP  -  54 words
    • Article, Illustration
      Higher prices for Tiger beer, ABC stout
      245 20 MALAYAN BREWERIES Ltd has recently increased prices for its Tiger beer and ABC stout. Prices for Anchor beer, however, remain unchanged. Following the adjustment in wholesale prices for Tiger beer, provision shops and coffeeshops have passed on the increases to consumers in the
      245 words
    • Article
      Plans made to repatriate all Indian over-stayers
      114 20 ARRANGEMENTS have been made to repatriate all Indian over-stayers and illegal workers within two weeks, said the Indian High Commission in Singapore in a statement yesterday. All such workers must report and register themselves with the High Commission by May 19, to avail
      114 words
    • Article, Illustration
      Dhana to study planning systems
      228 20 AN EIGHT-MEMBER team, led by National Development Minister, S Ohanabalan, leaves today to study planning systems in various cities in Europe. The team, which will be in Europe till May 25, comprises mainly senior officials from the Ministry of National Development (MND). There will be
      228 words
    • Article
      Lock icon Clerk gets 5 years' jail, M$50,000 fine for theft of M$22.2m from Bank Negara
      330 20 Bernama FORMER Bank Negara clerk Harun Othman was jailed for five years and fined M 550,000, in default 18 months' jail, by the Kuala Lumpur Sessions Court yesterday for theft of M 522.2 million from the
      Bernama  -  330 words
    • Article
      Lock icon 'Budget curbs will weaken US Pacific forces'
      377 20 Reuter THE COMMANDER-IN-CHIEF of US forces in the Pacific said in Manila yesterday that Washington's budget curbs would mean cutbacks in American strength in the region at a time when the Soviet Union was improving its capability. Admiral Huntington Hardisty told a news
      Reuter  -  377 words
    • Article
      Lock icon Comex gold
      89 20 Reuter COMEX GOLD FUTURES sank to new 32-month lows in an early reaction to downbeat news from the US jobs numbers for April. June gold lost US$2.2O at U*****.40 an ounce, which nudged out Monday's low of U*****.50. Analysts said the selling by US and foreign traders came
      Reuter  -  89 words
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      96 11 NEED A HOUSING LOAN? FINANCE LIMITED Fl VA xu ST—* xy K ;«rr\ KV-.Vvv Breguet: Precision mastery since 1775 Abraham Louis Breguet (1747 1823) was one of the most phenomenal watchmakers history has ever known. His genius was an overriding influence not only on watch-making techniques but also on the
      96 words
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      67 13 V f. L t» i •t x f *^:«v *£j MI-a# *> A 4 rS v*K K )s m. i <- "V-. v.^> -<>■ 2r# V d X /T -«r NINA RICCI &oa/tyue PARIS W 3 0 oc s*» u >2£ Available at Boutique Nina Ricci. Galeries Lafayette Nina Ricci
      67 words
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      696 14 Where to entertain. ONE G(X)D REASON TO LUNCH AT THE PALM GRILL IS OUR APPETISER BUFFE T ANOTHER IS THE CHOICE OF MAIN COURSES PALM For between $26+ and $40+ you can select from our appetiser CjKILL buffet including seafood, smoked salmon and oysters. Choose from many lavish main courses.
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      Page 14 Advertisements Column 2
      384 14 'hkUwtk&xAfym May 14, '89 Mandarin Ballroom H as mw ZfaA *if'l 111 Mother's Day Special Buffet Lunch Live entertainment The latest fashions from top boutiques Special numbers by Production D'Orient dance troupe Songs dedicated to Mum Lucky Draw for Mum. Win a beautiful jewellery set. National home appliances and weekend
      384 words
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      210 15 ■fir Tta A Sunday Brunch: A great family outing It's a wonderful way to combine a fate 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 salad and cheeseboard. All
      210 words
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      Page 15 Advertisements Column 2
      56 15 *>.«> vj. vS& K VS. m y/' 'A t »i*» LlBH£t > QUALITY GUARANTf E0 FULLY MATURED uz Hi f i FINEST SCOTCH WHISKY IENDED t BOTTLED BY {/roye CSa/latdutr &e£m. u/ed C/)ej///brj —2)afmAarttm. ofcot/and PRODUCT Of SCOTLANO n MfOT 01M M.UIO BAL«EA DISTRIBUTORS SOB BNO 50 JAIAN PERCMAU. PI
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  • Page 16 Miscellaneous
    • Miscellaneous
      Page 16 Miscellaneous Column 1
      1539 16 An Italian job and an encounter in Aurora Link, Today, 12.00 am, Ch 5 A young zoology student finds that a summer job working with apes turns out to be a nightmare when she becomes imprisoned by the animals in the lonely cliff-top laboratory of a doctor exploring the link
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    • Miscellaneous
      Page 16 Miscellaneous Column 2
      1474 16 r# 1 tilt BBC Highlights 88.9 mHz In VHF Band II BAM Newshour. 7.00 World News 7.09 Commentary. 7.15 From The Weeklies 7.30 Multitrack 3 8.00 Newsdesk 8.30 Personal View. 8.45 Recording of the Week 9.00 News Summary followed by Outlook. 9.25 Financial News 9.30 Poetry Of The Century 9.45
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      594 17 QAWilSdghtenOutYiurGamt The new Yonex Graphlex clubs utilize the revo- Its lutionarv Integrated Power Weight System (IPS) and N. Our Head, incorporate the latest in sophisticated computer The game of your engineered heads. dreams, now a reality Yonex Introduces The Most onex s comAdvanced Perimeter-Weighted f puter engineered Clubs You Can
      594 words
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      23 18 BT welcomes Investment ideas and viewpoints from brokers, bankers, and other readers. Address The Editor, Personal Times, 390 Kim Seng Road, S'pore 0923
      23 words
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      44 19 8T welcomes letters from readers. Your letters must Include your signature, full name, address, and home and office telephone numbers, H any. You may add a pseudonym, H you wish. Address your letters to: The Editor, Business Times, 390, Kim Seng Road, Singapore 0923.
      44 words
  • Page 19 Miscellaneous
    • Miscellaneous
      Page 19 Miscellaneous Column 1
      795 19 mmmm) CRYPTIC PUZZLE ACROSS 9 It irritatingly reminds one of past misdemeanours (4, 5) 10 Not still worried (8) 12 The appointment after (4) 13 In ways, are searching looks (6) 14 Write 'flower' in French, to be exotic (7) 15 Know just what Dot means (4, 5) 17 What
      795 words
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      276 20 The silver report was not available at press time Surprise Mum with a pretty gift from St Michael's Scented Garden Gifts range. Pleasantly scented with a light, spring blossom fragrance, the collection indudes toiletry sets and cosmetic tcxt^R Itli ..i. .I iiiustraceo. Clockwise from too 4 Scented Hangers $2130 V
      276 words
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      3 20 See this page
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