The Business Times, 30 September 1989

Total Pages: 24
1 24 The Business Times
  • 13 1 BUSINESS TIMES MCI (P) 45/12/88 Weekend Edition, Sept. 30-1 Oct. 1989 75 CENTS
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  • 273 1  -  By WALTON MORAIS NON-SMOKERS will be assured of cleaner air come November when the smoking ban will cover more places, including airconditioned restaurants. The Smoking (Prohibition in Certain Places) Notification, 1989, which takes effect on Nov 1, will ban smoking in
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  • 110 1 Reuter BAT INDUSTRIES of Britain lost an appeal yesterday against a decision by British regulatory authorities to give Sir James Goldsmith more time to pursue his hostile takeover bid for the tobacco-based conglomerate. An appeal committee of the Panel on Takeover and
    Reuter  -  110 words
  • 433 1  -  By CHUANG PECK MING FOOD-BASED group Cerebos Pacific has budgeted up to $60 million for expansion and acquisition in the next two years. Most of the money is for the development of its existing business, which includes the Brand's line of food
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  • 580 1  -  RE-TENDER FOR STPB SITE IN TANGLIN By LEE HAN SHIH Property Correspondent FEATHERS have been ruffled in the property market by the Singapore Tourist Promotion Board's (STPB) decision to reject the six bids for a plot of land in Tanglin and to open the site
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  • 123 1 THE US DOLLAR yesterday fell back sharply on the worlds foreign exchanges reports of a fifth consecutive day of central bank intervention to push the greenback down. The British pound benefited from the dollar's slide and recovered some of its lost ground against major European currencies.
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  • 105 1 AP THE US GOVERNMENT'S chief economic forecasting gauge roee 0.3 per cent in August, its second consecutive advance, indicating continued growth in the months ahead, the Commerce Department reported yeeterday. The increase in the Index of Leading Indicators, designed to foretell economic activity aix to
    AP  -  105 words
  • 43 1 AP THE US stock market advanced yesterday morning, extending Thursday's late rally. The Dow Jonee average of 30 industrials rose 6.84 to 2.701.75 at 1430 GMT in the first hour of trading. Gainers outnumbered losers by about 8 to 7. AP
    AP  -  43 words
  • 55 1 AP LONDON share prices were lower at midday yeeterday, but the expiration of stock-index futures and options at late morning lifted the market off its lowest levels. At about 1115 GMT, the Financial Times-Stock Exchange 100-ehare index was down 7.2 points, or 0.3 per cent at 2,284.5, below its
    AP  -  55 words
  • 126 1 SHARE PRICES on Asian markets traded generally higher yesterday, except for Japan, which eased on profit-taking. The 225Nikkei Index fell 53.22 points to close at 35.636.76. Turnover was s moderate 900 million shares against one billion on Thursday. In Singapore, share prices closed mixed after
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  • 166 1 Reuter THE US and Hongkong have separately proposed ideas for world rules on the origin of goods, a frequent cause of trade disputes. According to Gatt sources in Geneva, the proposals covered the use of existing varied and complicated guidelines defining the origin
    Reuter  -  166 words
  • 146 1 Mock IndfcM ftMoy ST Mufcrtab tnd«x 1,375.25(+3*5 W OnpMft* W* iff, 1,231.22 <-1-3-4 NST Murfrtal bdox 2£46d00(+20.90) HK Hang Sang Max *****5 2.93 Tokyo Nfckoi Avorooo (-53J2 Cw<k*w am PfI 1,735*4 (+1SJ) How York (Dow Jonoa) 2,494.91 21.85) *4 If London $FT 30 Inbox) 1,876.2(-31.2 USS. 139.40yon
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  • Page 1 Advertisements
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    • 45 1 Dollars and Nonsense 808 MANKOFF, whose cartoons have appeared in New Yorker and Playboy, claims to have cornered the market in bright business satire. Judge for yourself. His Dollars and Nonsense cartoons start appearing in Business Times from today. Facing up to rMponsibilttto, PAQE TWO
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    • 167 1 =[)"~)*{$)@"){~:/])%=-=<{+;}<}$ Full report, PAGE Ragtonal markets, PAQE 10 World marfcots, PAQE 11 CONNOISSEURS F O R COLLECTORS When choosing your Dun hill Elite, let The Hour Glass enhance the occasion. V J* sK 4F/ 1 5 i s s V At The Hour Glass, vw? see oursehes as connoisseurs. And
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  • HOME NEWS
    • 246 2  -  -By JOCCLYN TOH THE FIRST OF seven Enterprise Promotion Centre outlets will be established on the premises of the Singapore Manufacturer's Association by the end of next month. Announcing this yesterday was Mr Michael Yeo, honorary president of the Singapore Manufacturers' Association
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    • 145 2 A TRADE MISSION from the UK arrives next month to conduct, among other things, "an investigation into local bathing habits." According to a British High Commission statement yesterday, a team of businessmen from the Merseyside Chamber of Commerce will arrive here on
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    • 294 2 SINGAPORE'S trade groups are strengthening their connections with far-flung parts of the world at a time when globalisation is a catch-word in the business Community. Next week, the Singapore Manufacturers' Association is to sign a liemorandum of undertanding (MOU) with its Chilean
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    • 346 2  -  By JEAN FOONG THE GOVERNMENT is organising promotion missions to attract more foreign shipowners and managers to operate here so as to build a stronger shipping industry in Singapore. "The influx of new skills and expertise, not to mention investments, will make a
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    • 215 2 A RUSSIAN delegation, which is in Singapore to attend the International Pipeline and Offshore Construction Association (IPLOCA) annual conference, is exploring possible business opportunities in Singapore and Asean. Members of the delegation include Mr Vladimir Kopyshevsky, president of Zangas, the only state-owned company for pipeline
      215 words
    • 205 2 SINGAPORE TELECOM is introducing a bidding scheme for the right to use either a single number or matching numbers for telephones, pagers and mobile phones. Called the "Golden Number" scheme, it will be introduced next month to let market forces decide the
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    • 834 2 ARRIVALS Operator *> anrlr^ jfTnct number Local 1 Hmo From QFA QF062 1135 IKK SIA SQ15I 1143 CGK GU GA940 1150 MES PAL PI504 1155 KUL TMA TG403 1155 BKK SIA SQ138 1155 MES SIA SQ191 1200 PEN TIY M1811 1200 HOT GU OA 900 1210 PKU
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  • 2172 2 < AT CONVENTIONAL WHARVES VnnI Voy N o B«n h Arrival Dapartw K*pp*l W1 b«r> Gl Soto Mofw Kola Ptfaln Koto Satan KoMAngkan loapwng Sit f- <M TromMov AMsir Ac* CoataHMH*! iodl GMtar Kao S*> K.o Soon li lofat< Broofca iMfVM 730W 27f W-561 e-eio 1413 lOt/W
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  • Page 2 Advertisements
  • Page 2 Miscellaneous
    • 150 2 a 4* Global tamparaturas and waathar foracaat for Sap 30 [«Ki>T*ixa OUTLOOK: Showara over M«tnl area* In 15/07 Ooudy 20/08 Sunny 26/17 Ooudy 19/12 Showers 33-26 Showan 24/15 Cloudy 16/06 Sunny 18/07 Sunny 31/23 Showan 21/10 Sumy 23/10 Sunny 16/08 Sunny 19/08 Sunny 19/09 Ooudy 17/07 Sunny 30/24 Humid 28/17
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  • Page 3 Advertisements
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  • FOREIGHN NEWS
    • 459 4 IMF/WORLD BANK MEETING AP JAPAN appeared headed for enhanced global standing as a result of talks this week among members of the International Monetary Fund. The IMF, which wants to dramatically increase its lending resources, is looking to Japan, a country flush with
      AP  -  459 words
    • 138 4 AFP JAPANESE INDUSTRY is highly dependent on final demand in the United States, the Ministry of Trade and Industry (Miti) said on Thursday. Japanese production induced by US final demand is about eight times higher than that of US production induced
      AFP  -  138 words
    • 254 4 Reuter POLAND'S Solidarity-led government unveiled an economic programme on Thursday to reform the shattered communist economy along capitalist lines, but warned it would be tough for ordinary Poles. Deputy Finance Minister Marek Dabrowski, revealing the plan to Solidarity Members of Parliament, said living standards
      Reuter  -  254 words
    • 279 4  -  By JOHN THOMAS IT WAS the economic success of the developing South-east Asian countries, especially the achievements of their ethnic Chinese communities, that had sparked off the radical economic changes in the communist countries, said an influential British economist on Thursday.
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    • 349 4 AFP BELGIUM has called on its European Community (EC) partners to provide massive balance-of-payments assistance to Hungary in a novel approach to support for Eastern European reforms, monetary officials said in Washington. They said Belgium was proposing a US$l.l billion ECUdenominated loan to
      AFP  -  349 words
    • 215 4 FT PRESIDENT GEORGE BUSH won an important political victory on Wednesday when the House of Representatives easily approved proposals to cut the US capital gains tax, which is expected to stimulate stockmarket activity and asset sales. The vote, by a margin of
      FT  -  215 words
    • 336 4 AP FOR THE fourth time in two months, the Korea Development Institute yesterday lowered its projection on South Korea's 1969 economic growth, this time to 7.2 per cent. The latest projection was down 0.2 percentage points from the last forecast on August 22.
      AP  -  336 words
    • 721 4 AFTER THE DEATH OF MARCOS AP TROOPS and police were on alert yesterday and a wave of early panic-selling hit the country's two stock exchanges after President Corazon Aquino banned the burial of Ferdinand Marcos in the Philippinee. Mrs Aquino ordered Philippine flags
      AP  -  721 words
    • 427 4 AFP SUPPORTERS of deceased former president Ferdinand Marcos are to challenge in court the government's decision to ban the transport of his corpse to the Philippines for burial, a spokesman said yesterday. Mr Marcos, 72, died of cardiac arrest following a long illness
      AFP  -  427 words
    • 356 4 Reuter WHEN negotiators from the Philippines sat down with representatives of its foreign creditor banks this summer to work out a new financing package, the deal was clinched in just six days. The speed of the negotiation such talks can take months was a measure
      Reuter  -  356 words
    • 496 4 AP THE DEATH of former Philippine President Ferdinand E Marcos on Thursday leaves his wife alone to battle charges they stole up to US$lO billion from their homeland's treasury. According to a federal indictment. 60-year-old Imelda Marcos and her 72-year-old
      AP  -  496 words
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  • Page 4 Miscellaneous
    • 77 4 Doonesbury BAPXE6P' THFZB PRAFT MtCH&OBB\ MN, I'M MPBPOUT! THAT LAST SEMINAR. 'UASA KJU£R> VOU KNOW, THAT UH-HUH. SALe&UOMANWaaY PtPJACAZH REMJNPEP M£ OF THAT SO* SOMBOteiMIW 6AMSLAST iNcoueee... night* rri ft ISF W s m i iSSfc BY GARRY TRUDEAU I MEAN SHE WAS C'MONA HOT! TRS- M'* 3 MIKB. MSMBBR
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  • BANKING AND FINANCE
    • 251 5 Reuter IMM CURRENCY futures finished narrowly mixed on Thursday after recovering from early lows in late, thin market conditions that exaggerated price moves. Persistent intervention by central banks had little effect as traders turned their sights to the still-wide gaps between US and other nations' interest rates. Late fund-related
      Reuter  -  251 words
    • 295 5 Reuter THE FEDERAL Reserve Board, led by chairman Alan Greenspan, agreed to support a far-reaching Congressional resolution directing the US central bank to eliminate inflation within five years, the Washington Post reported yesterday. The joint House-Senate resolution, introduced by Representative Stephen Neal.
      Reuter  -  295 words
    • 138 5 Reuter AUSTRALIA and New Zealand Banking Group Ltd said it bought several parcels of shares in listed banks in the last few weeks, including one parcel of National Australia Bank Ltd shares. In a statement, ANZ deputy chairman and chief executive Will Bailey said
      Reuter  -  138 words
    • 190 5 TO PREVENT fraud, the Leasing Association of Singapore (LAS) has set up a central registry to keep track of all equipment that has been leased by members of the association. Mr Shu Ting Hoe. chairman of LAS, said in a statement in the association's 1968/89
      190 words
    • 442 5  -  PHYSICAL DELIVERY RULED OUT By DEXTER LEE DUBAI CRUDE OIL is poised to be the Singapore International Monetary Exchange's second energy futures contract, judging from the presentation given yesterday by the energy futures expert engaged by Simex. Joe Roeber, a London-based freelance
      442 words
  • COMMODITIES
    • 108 5 Reuter CBOT SOYBEAN futures eased from their early highs on Thursday but still closed with gains of six to three cents per bushel in moderate trade, supported by higher corn prices on rumours of Soviet buying interest. Although the talk focused mainly on feedgrains, it was enough to fuel
      Reuter  -  108 words
    • 195 5 Chinese Produce Exchenge StHtrt' noon dosing prim on Soptombor 29 (S$/100 kg) Coconut oil Bulk FOB 94.00 Old drum FOB 104.00 Now drum FOB 108.00 Copra Mlxad (Ioom) 52.00 Milan Peppar 4A. ifi|4, TwinvR wimv FOB NtW 512.50 Sarawak wNt« FOB foq NLW 502-50 Sarawak tpadal block FOB
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    • 275 5 m London Commodity Exchange Buyer/Seller dosing prices on Sep 28 (£/toi me unless specified). Previous dosing prices in parenthesis. Coffee Basis In-storo London, sellers option CIF London Sop 748/749 (752/755) High/Low 760/749 Nov 766/767 (762/765) High/Low 779/763 Sates (2327) Cocoa Sop 275/900 (733/740) High/Low 745/735 Doc 773/774 (787/788)
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    • 171 5 CONTINUED strong demand pushed the price of tin on the Kuala Lumpur Tin Market up 36 sen to a doee of M 522.00 a kg, brokers said. Merchant short-covering on the London Metal Exchange on Thursday prompted higher bids of 429 tonnes against oilers el •0 at the
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    • 122 5 Reuter CBOT soft red winter wheat futures closed higher on Thursday after China announced bids for up to 400,000 tonnes of US hard and soft wheat under the Export Enhancement Programme, traders said. However, uncertainty about the USD A stocks report due out after the close, plus steady selling
      Reuter  -  122 words
    • 353 5 SINGAPORE: Rubber prices closed steady yesterday, with October One RSS buyer quoted at 166.25 cents a kg, unchanged from Thursday's close. Prices rose in early afternoon trade on short-cov-ering but fell towards the close when selling interest emerged, dealers said. On the TSR-20 award market, trading was quiet but
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    • 287 5 RAS prices m s cmmq. fob m t»i« 1 NOON ClOS€ Bwyors SoUofs Buyers Sellers Int 1 RSS Prompt 166.00 167.00N 166.25 167.25N Int 1 RSS Oct 166.00 167.00 166.25 167.25 Int 1 RSS Nov 168.00 169.00 168.75 169.25 Int 2 RSS OP 165.25 167.25N 165 JO
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    • 83 5 (cants/kg) OCTOBER 1989 NOVEMBER 1989 (currant month) (forward month) RAS NOON NOON ky*n Saltan •vyan Saltan SS8 20 135 00 157.00N 156.00 158.00N SSR 50 153 00 155.00N 154.00 156.00N MRELB •uy*r» -4allan luyart S<>»ri SMI CV 223.00 225.00N 225.00 227.00N SM I 222.50 224.50N 224.50 2
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    • 147 5 Telerate Fairly balanced demand and supply fundamentals kept prices on hold yesterday. Little activity was seen for October CST-180 cargoes. With more CST-380 cargoes moving to the West, prices were likely to be well-support-ed in the short term. Offers for second half-October CST-180 cargoes were at
      Telerate  -  147 words
    • 368 5 HONGKONG: Growing local and overseas buying interest, triggered by the weakening US dollar, boosted gold prices which closed at the day's peaks after active trading, dealers said. "Central banks' repeated intervention on the dollar encouraged more metal buying," a dealer said. Bullion ended at U*****.20/60. up from an
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    • 492 5 MALAYSIAN CRUDE PALM OIL FUTURES closed moderately easier yesterday on profit-taking activities ahead of the week-end. Dealers said the softer cash market also undermined support on the KLCE yesterday. A US Department of Agriculture (USDA) report of a higher-than-expected soybean stock of 182 million bushels compared to a
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  • Page 5 Advertisements
    • 248 5 11 ADI KSHIP IN M \N.\(;KMK\T The Graduate School of Management at the University of Melbourne is a national management school Its graduates have a record of success and leadership in the management of business and public organisations. The School has the most modern teaching, library dining, sporting and recreational
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  • MONEY AND EXCHANGES
    • 536 6 Reuter 9tMEX EURODOLLAR futures closed lower yesterday on selling and weekend book-squaring ahead of the 1230 GMT release of US August leading economic indicators. "Operators will be monitoring the data for clues to the state of the economy amid continued uncertainty over the US dollar's near-term direction," a dealer
      Reuter  -  536 words
    • 1003 6 Hongkong Bank SINGAPORE: Pressured by aggressive concerted central bank intervention, which began early this week, the US dollar closed lower in nervous trading yesterday. Speculation about Bundesbank raising interest rates and Bank of England intending to support the sterling pound with UK base rate hike further depressed the
      Hongkong Bank  -  1,003 words
    • 290 6 Asian market ASIAN DOLLAR deposit rates ended little changed from opening levels after a quiet day's trading, dealers said. Among short-dates, the weekend rate eased slightly in the afternoon to 9-3/4 9-5/8 per cent from its opening of 10 9-1/2. Elsewhere. Monday/Tuesday and weekfixed closed steady at 93/16 9-1/16 and
      290 words
    • 56 6 THE overnight rate on the Singapore money fell 1/16 point to 5-3/8 per cent yesterday. Term rates were all unchanged. S$ Interbank rates at the dose yesterday; Offft MD Ovff. night 5 3/> 5 1/4 Ihw* 3 3/1* 3 3/16 }-aorik 3 3/16 3 3/16 3hm»«i 3 3/16
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    • 100 6 Treasury bills Period Issue Yesterday's dosing Day's code Maturity M> OFF» HKJH LOW 3 month* RQ*****F 28.12.89 4.23 4.18 4.34 4.18 6 wanin 8S*****V 18.01.90 4.23 4.18 4.22 4.21 1 y«or BY*****F 24.05.90 4.35 4.30 Government notes and bonds Period Issue Maturity Coupon Yesterday's dosing Day's code
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    • 204 6 •Inaolii mmnrn <* •m prim* landing rata* of 12 major banks In fpen Interbank market r ates (offer/bid) on Sap 29 us* DM SWFC Y«l 7 dmyl 1/1 1 14— 13 7/1 7 3/1-7 1/4 7 3/1 7 i/a 3 13/1* —9/1* 1 mm 11/1 1 14
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    • 975 6 CURRENCY FUTURES OPTIONS Friday, S*pt*mb*r 29, 1989 DEUTSCHE MARK (8IMEX) Doc M mM DtcMp* M*i Low tott HHfi Low Ml 52 53 54 JAPANESE YEN (SIMEX) Dm M ooNa Doc M pun 71 77 73 75 CURRENCY FUTURES OPTIONS IMM Thursday, S*pt*mb«r 28, 1989 BRITISH POUND C02.S r ali
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    • 165 6 Gold futures on September 28, 1989 100 troy ounces. USS par troy ounce Opan High Low Soflta Oct 347.10 368.70 367.00 366.10 0.20 No* ***** 0JO Ok 371.80 373.70 371.50 372.80 0J0 Fab 376.10 377JO 375.80 376.90 OJO Apr 379.90 381.80 379.90 381.20 070 Jun *****
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  • Page 6 Advertisements
    • 474 6 X Allied Irish Banks pic (liKorpor.Hct.l m the RcpuMk of Ireland with 1 imitcd I i<ihilit\) Consolidated Balance Sheet 31st March, 1989 1989 IR£OOO 1988 IREOOO Assets Cash and short-term funds Investments Advances and other accounts, less provisions Associated companies Property and equipment Liabilities Current, deposit and other accounts Other
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  • COMPANIES & STOCK MARKETS
    • 508 7  -  By ELAINE KOH UMW HOLDINGS Bhd has reported group profit after tax and minority interests of MslB.lo million in the first half, a large part of it contributed by its two new subsidiaries. The subsidiaries are the UMW Toyota
      508 words
    • 421 7 CONSTRUCTION GROUP Lum Chang Holdings Ltd, in spite of a flat year-end performance, is proposing a one-for-10 bonus issue. For the year ended June 30. 1969, Lum Chang posted a marginal 2 per cent increase in group after-tax profit to $8.50 million from $8.35
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    • 412 7 PROPERTY GROUP Hong Fok has, as expected, achieved a convincing turnaround in the current financial year. For the six months ended June 30, 1989, the group returned to the black with attributable profit of $6.97 million as against a loss of
      412 words
    • 165 7 STRAITS Trading Co Ltd: Group profit after tax and minorities of $20.39 million ($15.81 million) on turnover of $162.34 million ($112.03 million) for the six months ended June 30. 1989. EPS of 6.9 cents (5.3 cents). A first interim dividend of four cents less tax will be paid
      165 words
    • 563 7  -  JC-MPH group's combined holdings to go up to 29.8 pc By ABDUL HADHI HTP HOLDINGS Ltd. a member of diversified Jack Chia-MPH group, is seeking to build up its stake in London-based Boustead pic to 20 per cent. This, together with another 9.8 per
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    • SES
      • 1136 8  -  -by KEVIN GWEE SHARE PRICES on the Singapore stock market closed on a mixed note after profit-taking in the afternoon pared early bargainshunting gains in moderate trading yesterday. "The morning gains were encouraging while it lasted, but, true to form, caution set in as share
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      • 309 8 > M anog«n' print for S*p 30 A Oct 2 p Singapore Unit Trust Tk* Co—KM 122 1.29 Tk* Savings Fund 1 06 1.12 Vp or* frog Fund 0.44 050r Sp or* to Fund 074 081 S or* lnv*0 Fund 041 0.86 Vp or* Equity Fund 057 041
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      • 52 8 JACK CHIA-MPH LIMITED: AQM at Tai-Pan Ramada Hotel, Pin® Room. 3rd Storey, 101 Victoria Street, Singapore 0718, today at noon. KAMPONG LANJUT TIN DREDGING BERHAD: 61st AGM at the Conference Room 1, Ist Floor, The Merlin Kuala Lumpur, No. 2 Jalan Sultan Ismail, ***** Kuala Lumpur, today at
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    • 6143 8 I* High 19 Low T*l Cod* Company Last 8ala SEP 29 OCVol C090) 141^1 nigr Day i Low Laal O Buyer uo<* iollor Qr'a (Xv ON C'VT Qr'a Vld Not PIE M Cap tinll •mil SESDAQ 275 V 123 286 121 170 200 129 142 230 126
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    • KLSE
      • 3528 9 MBT CONTINUED BUYING uw share price# generally ctoeing firmer on the Kuala Lumpur stock market yesterday. However, bouts of profit-taking took some counters into the minus territory. Advancing issues were led by blue chipe which poeted double-digit gains. Boosted by firmer component stocks, the 30-count-er
        MBT  -  3,528 words
    • REGIONAL MARKETS
      • 652 10 COMPANIES TRYING TO RAISE USs2.4b AFP UNPRECEDENTED "mega issues" of public bonds are about to hit India's fledgling capital market, putting it to the test in an uncertain period leading up to national elections. Indian companies are trying to round up a staggering 40
        AFP  -  652 words
      • 211 10 AFP THE PHILIPPINE flag carrier, Phiiippine Airlines (PAL), is to privatise 35 per cent of its shares next year by selling stocks and letting foreign and domestic investors participate in public biddings. A spokesman for the Government Service Insurance System, which owns 90
        AFP  -  211 words
      • 110 10 Reuter THE NEW ZEALAND share market closed lower yesterday and its weakness is seen continuing into next week when it should test important resistance points, brokers said. "The market sort of drifted, but there was a bit jOf venom in the selling at various stages," a
        Reuter  -  110 words
      • 133 10 Reuter THE PHILIPPINE stock market yesterday opened nervously following news of the death of ousted president Ferdinand Marcos but heavy selling later eased and brokers expected a strong market on Monday. The Manila Stock Exchange Composite Index closed 2.04 points down at 1,145.90. The combined volume
        Reuter  -  133 words
      • 608 10 Tokyo Reuter SHARE PRICES closed lower in moderate trade yesterday as investors were beset by uncertainty over the future of the yen, overseas interest rates and the outcome of a by-election in Japan tomorrow, brokers said. The 225-Nikkei Index fell 53.22 points, or 0.15 per cent, to
        Reuter  -  608 words
      • 1331 10 Hongkong Reuter PRE-WEEKENO doldrums and position-squaring eroded early gains but the Hang Seng Index hung on to close marginally higher at 2,758.25. up 2.93. "There's a feeling there was some some Mainland (Chinese) buying in there to make sure there was no fall before China's 40th anniversary," said
        Reuter  -  1,331 words
      • Article, Illustration
        505 10 Sydney Reuter AUSTRALIA'S share market closed sharply higher yesterday after a spurt of late buying on the back of a weaker local currency and renewed interest in the banking sector, brokers said. The All Ordinaries Index was 15.2 points stronger at 1,735.4, after a low of 1,720.8. It
        Reuter  -  505 words
      • 247 10 Reuter THAI STOCKS finished mixed yesterday after four new listings failed to inject fresh demand into a dull and directionless market. The SET Index fell 2.22 to close at 689.51 in active trade, with declines leading advances 70 to 32. Most active were Padaeng Industry, Siam
        Reuter  -  247 words
      • 211 10 Reuter SEOUL STOCKS yesterday closed higher for the second day in a row as bargain hunters actively bought financial shares, brokers said. The composite index gained 12.49 points to close at 943.44. Turnover was 329.4 billion won against 328.7 billion. "Investors are playing on low prices.
        Reuter  -  211 words
      • 194 10 Reuter SHARE PRICES yesterday rose sharply for the second day in anticipation of improved half-year company results and on a government move to free steel prices from government constraints, brokers said. "This is the first time in many months the market has found some good news on
        Reuter  -  194 words
      • 448 10 Reuter TAIWAN STOCKS closed lower yesterday as investors cut holdings on the first day of a new reporting system which does not reveal the number of unfilled orders for stocks that rise to their limits, dealers said. The weighted index fell 124.92 points, or 1.2 per
        Reuter  -  448 words
    • WORLD MARKETS
      • 921 11 New York Reuter A STRONG performance in some drug stocks and in several key blue chips helped Wall Street post its third consecutive closing gain on Thursday. Traders said some end-of-quarter "window dressing", mostly involving well-known companies, accounted for some of the advance. Late futures-related buying
        Reuter  -  921 words
      • 825 11 London Reuter SHARE PRICES opened lower yesterday in the wake of Thursday's 39-point loss on continuing concern that a further sterling fall could prompt rise in British interest rates, dealers said. However, much of Thursday's fall to below the key support of 2,300 on the FTSE 100
        Reuter  -  825 words
      • 1522 11 ZURICH: Swiss shares came off their highs at midday yesterday as continuing concern about interest rates weighed on the market, dealers said. The Swiss Market Index of leading shares was 5.2 points lower at 1,799.7 after reaching a high at 1,821.6 points. The all-share Swiss Performance Index
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      • 374 11 Reuter SWISSAIR and Scandinavian Airline System (SAS) said on Thursday they would swap stakes of between 5 and 10 per cent in each other to achieve what. they called the first major European airline alliance. "The cooperation is really the first far-reaching
        Reuter  -  374 words
      • 391 11 FT PEPSICO, the US soft drinks group, is entering into an unusual barter deal with the Soviet Union under which it is helping to finance the building of 28 Soviet Pepei plants and acting as an agent in the sale of new
        FT  -  391 words
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  • Page 10 Advertisements
    • 255 10 SPETALING GARDEN BERHAD (Incorporated in Malaysia) UNAUDITED INTERIM REPORT TO SHAREHOLDERS FOR THE SIX MONTHS ENDED 30TH JUNE 1989 The Board of Directors of Petaling Garden Berhad wishes to announce the unaudited results of the Group and the Company for the half year ended 30th June 1989. better sales of
      255 words

  • Page 11 Advertisements
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    • 740 11 IAIT THE COMPANIES ACT, CAP. SO CREDITORS' VOLUNTARY WINDING UP NOTICE OF APPOINTMENT AND SITUATION OP OPPICE OF LIQUIDATORS Name of Company: Slno Travel Pte Ltd Company No. *****/1986-M We, Don M Ho and Wee Alk Ouan of Deloltte Hasklns Sella. Nrto Noe *****88-E and *****M-J hereby five notice that:At
      740 words
    • 637 11 IN THE MATTER OP THE COMPANIES ACT, CAP. SO AND IN THE MATTES OP TEO TIANG SENG ft CO. PTE LTD (MEMBERS' VOLUNTARY WINDING-UP) At an Extraordinary General Meeting of the Members of Teo Tlang Seng ft Co. Pte Ltd duly convened and held at the Registered OfTloe, 32 Chapel
      637 words
    • 560 11 ,I'Jl,. I. THE COMPANIES ACT. CAP. M AND ylt; y^ir.l,' 2 i/iIV '111 Ita: 11Bi1 i 1 1 M VOLUNTARY 'i l.i I] U\f« II it an Bztnordlnary Genral Meeting of the mo«n of Roberteon Ball (Use! iystemß Pte Ltd convened Ad hold at 61 Ooldhlll 'laaa, #19-03/05 Newton load.
      560 words

  • 460 12 TRANSFER OF TECHNOLOGY SLOW, SAY SOME ECONOMISTS Reuter FOREIGN INVESTORS, wooed by government incentives, have fuelled Malaysia's current economic boom, but local economists say the government may be giving away too much for too little. They say Malaysia's scheme to boost the
    Reuter  -  460 words
  • 329 12 Reuter THE INTERNATIONAL Tin Council's creditors have eased pressure on the organisation to settle legal claims arising from the 1965 collapse of the ITC buffer stock, council delegates say. A meeting of the ITC's settlement committee ended in London on Thursday
    Reuter  -  329 words
  • 230 12 Bernama THE STAGE has been set for a further rise in the price of tin in view of the presence of strong fundamentals in the market at present, according to traders in Kuala Lumpur. "Philip Brothers, a leading trading house in London, bought
    Bernama  -  230 words
  • 341 12 Reuter COMMUNIST PARTY general secretary Jiang Zemin yesterday rejected West-ern-style reforms for China, saying they would put the country on the road to poverty and "enslavement". In a 70-minute speech with strong Marxist overtones marking 40 years of Communist Party rule, Mr Jiang said
    Reuter  -  341 words
  • 162 12 AFP WORLD FINANCE and monetary talks ended in Washington with cheers for the spread of market-based economics in debt-stricken developing nations and re-form-hungry Eastern European states. The International Monetary Fund (IMF) managing director, Michel Camdessus, said he took heart from the "silent revolution"
    AFP  -  162 words
  • 170 12 Reuter TWELVE European technology firms have joined forces to call for a block on Japanese and US telecommunications firms entering Europe unless reciprocal access is guaranteed, the European group's chairman says. Philippe Gluntz, who is also chief operating officer of Alcatel NV, told Reuters
    Reuter  -  170 words
  • 165 12 Reuter SWISSAIR-SCHWEIZERISCHE Luftverkehr AG is holding talks with a potential partner in the Far East to round out its worldwide network of cooperative agreements, chairman Armin Baltensweiler said. "We are holding talks with a company in the Far East," he said during a
    Reuter  -  165 words
  • 364 12 THE DEATH of former President Ferdinand Marcos will not trigger violence that could damage the Philippine economy, and any nervousness it may initially cause will ease, businessmen and stockbrokers said in Manila yesterday. They said that local investors did not expect the ousted
    364 words
  • 680 12  -  PM LEE'S LIBEL SUIT AGAINST FEER Contents.of affidavit not an issue -bf MARTIN SOONG HIGH COURT Justice LP Thean yesterday rejected as evidence a high-ranking Vatican representative's affidavit affirming that the Singapore government had not attacked the Catholic Church and that ties had been
    680 words
  • LATE FILE
    • 46 12 Reuter THE HENG SAMRIN government plans to hold elections in Cambodia by the end of the year, a senior communist official announced just days after the Vietnamese troops left their Cambodian allies alone to fight the threat of the Khmer Rouge guerillas.
      Reuter  -  46 words
    • 42 12 Reuter PERUVIAN PrMMMt AWGarcia's Prime Minister, Luis Alberto tencjw, and the entire Cabinet of 15 ministers resigned M what was seen as an effort by the ruling Aprista party to freshen Its image before presidential elections in April. Reuter
      Reuter  -  42 words
    • 41 12 Reuter AN UPPER HOUSE by-elec-tion in H*arski, north of Tokyo. jQfl£tunday ia expeoted to Men whether Ispe neee Prime Minister ToshHd Kaifu ia likely to stay in offlse and to test his party's general election chances.
      Reuter  -  41 words
    • 50 12 Reuter THE SRI LANKAN government is likely to extend a 72-hour truce with left-wing rebel* when it ends today because violence is dropping, military aourcas said, pointing out that 10 people had been killed over the pint two days, far fewer than be-/ tors. Reuter
      Reuter  -  50 words
  • 66 12 Reuter J- COMEX gold futucee were sUghtty higher early yesterdM^ On overnight market atrength end morning commtsaion houaa buying. Spot October was US$l.lO higher at a morning trade of U*****.20 an ounce. The December contract gained US$O.5O to U*****.30 an ounce. Silver futures were mixed to
    Reuter  -  66 words
  • Page 12 Advertisements
    • 180 12 You paid a high price for success. Why pay less for your TV? [grutTdig TV ANA HOTEUS SINGAPORE LTD. (Incorporated in the Republic of Singapore) The directors announce the unaudited results of the Company for the six months ended 30th June 1989. 1. (A) TURNOVER (B) INTEREST INCOME 2. NET
      180 words
    • 7 12 Swissair, SAS to swap stakes, PAGE 11
      7 words
    • 1033 12 );'"]"}).^<!$-*<;-.@:[/,}:.%>]? umui Homings BERnan (INCORPORATED IN MALAYSIA) INTERIM ANNOUNCEMENT OF RESULTS FOR THE SIX MONTHS ENDED 30TH JUNE 1989 The Board of Directors wishes to announce the following unaudited results of the Group and Company for the si* months ended 30th June 1989 GROUP Six Months To 30th June Note
      1,033 words

  • Executive Lifestyle
    • 1541 13  -  If you have a spear collection, leave it at home when you go ballooning in California Or for that matter, anywhere you ride hot-air. But bring along a sense of wonder, says SAKINA KAGDA, because when you are carried by the wind on high, you do
      1,541 words
    • 821 13  -  v With CATHARINE FERNANDO THE OTHER DAY, I was driving to school when I saw this little squirrel scurrying across the road. I slowed down, both to watch it as well as to give it another chance at survival. That little incident in itself may
      821 words
    • 230 13 IF YOU'RE thinking of switching careers, the Singapore Broadcasting Corporation might have an enticing load of fringe benefits to lure you. Besides the usual housing renovation and vehicle loans, a job ad for "viewing officer" also listed "free copies of Radio and Television Times" as further
      230 words
    • Commentary
      • 1142 14  -  SAID ABDULLAH NOW THAT the government has decided it had better leave the religious turf to the religionists, perhaps it is time to recall the raison d'etre for introducing Religious Knowledge in schools in the first place. Why did this secular government uncharacteristically
        1,142 words
      • 894 14  -  WALTON MORAIS I SMOKED four cigarettee tn toe course of writing this article. And while these emokee blackened my lunge, generated more phlegm, enhanced my rlek of peptic ulcere, and will probably make me leee productive when I reach the peak of my working
        894 words
      • 450 14 Economist "THERE are three kinds of liee: lies, dsmned liee and statistics." observed Mark Twain, the American novelist and humorist. Mr Twain would have had a field day with two lists of the world's billionaires published annually by two American business magazines, Forbes and
        Economist  -  450 words
      • 235 14  -  letters to the Editor CHIA BOON PIN Executive Director Reel Estate Developers' Association of Singapore Dear Sir, I refer to your witty little write-up "The Ohena eye for quality" (BT. 16 Sept 1989). As it appeared under the column "Don't quote me",
        235 words
      • 134 14  -  D W DISTANT Dear Sir, A recent press report about a businessman seeing a blade from a grass cutting machine fly through the window and land in his office was amusing to read. Even when a young mother expressed her fear of injury each time
        134 words
    • Executive Lifestyle: Pursuits
      • 1387 15  -  Jane Fonda did it. Mick whazisname did it. Of course, Jack Benny never did it, being 39 forever. But, what is it really like, turning the big Four-O? For today's attractive women, does it mean endless calisthenics by videotape so as not to get
        1,387 words
      • 656 15 THE first manned flight in a balloon occurred 205 years and nine months ago. Stangely, the name of the town I took off from, and the place from where the first balloon took to the skies are similar. Perris, California, and Paris, France. On Nov
        656 words
      • 801 16  -  By N K YONG THERE IS A HILL TOWN named Montalcino in Tuscany, perhaps no mors beautiful than ths numerous similar hill towns which dot the landscape of Tuscany, but this one is different because the wine named after it is Italy's most famous, most long-lived,
        801 words
    • Executive Lifestyle: Entertainment & Pursuits
      • 871 17  -  HEALTH By RICHARD SEAH DOCTORS are often unfairly treated as know-alls. They are asked to comment on anything and everything about health including things they never studied in medical school. A case in point is an article in The New Paper tt|is week billed
        871 words
      • 406 17  -  BRIDGE By SYBIL HOLLOWAY THE WEE MEMORIAL Trophy bridge event which took place over the week-end was won by the team of T P Wu, Professor Pi. Dr A K Heng, HS Ho, CL Chia and KT Liao on a tie break from the
        406 words
      • Article, Illustration
        1205 17  -  Compiled by, JUANITA SHAKILA STAGE PERFORMANCES: Sydney Conservatorlum Chorale. As part of their Southeast Asian Tour, the chorale will be giving three performances in Singapore. A select group of the conservatorium's full-time students, it has performed major choral works such as Belshazzar's Feast; Damnation of Faust, Camina Burana and
        1,205 words
      • 491 17  -  FOOD By QUEK SWEE PENG IT IS NOT UNCOMMON to attend only one-half of a performance at the Victoria Concert Hall all for the sake of dinner. Singaporeans do not expect restaurants to prepare pre-theatre menus; neither do restaurants cater to the need for after-theatre meals.
        491 words
      • 745 17  -  By NG PENG HUI IF OPERA ever goes MTV, you'll get Artm. A 10-part anthology of opera vignettes, it will head the list of movies to be screened (on Oct 13) by the Singapore Film Society over the next three months. What generates
        745 words
      • 494 18  -  By LAWRENCE TAN MR MIYAGI, MR MIYAQI, why oh why did they put me through yet another sequel? Wasn't Karate Kid Part Two enough? Didn't they remember how it didn't have the original kick? Nobody remembers Part 11. Dan-iel-ean. Mr Miyagi, Mr Miyagi... A
        494 words
      • 691 18  -  NOSTALGIA By DAVID CHEW SEEN A ROCK N' ROLL movie lately? Once upon a time, rock 'n' roll moviee were very popular, playing to packed cinema audiences all over the world, including Singapore. But they somehow rolled away in the
        691 words
      • Article, Illustration
        559 18  -  Born a babe in the woods, grew up a babe in the woods. That's one way reviewer SAMUEL EE might describe his childhood. Thus, this sheltered innocent nearly jumped out of his Bata shoes when he found out... SAMUEL EE HORRORS! I never knew going to the movies
        559 words
      • 427 18  -  by LAWRENCE TAN LIKE A HOME BREW, if Roadhouam doesn't lack subtlety, it doesn't lack anything. A bouncer who's the best in his field, where nobody gives out awards for the most courteous employee of the month, is hired by a besieged bar owner
        427 words
      • 1193 19  -  CD REVIEWS By I ROGER LOH SAMUEL EE JOE COCKER: One Night of 8!n (Capitol) On Joe Cocker's second Capitol release, it's quite clear that he has nothing more than roots and raw nerve going for him. The over-produced muddle of mediocre
        1,193 words
      • SHORT TAKES
        • 114 19 DON'T WORRY if everybody else tells you that you live in a world of your own. That life is one big fantasy for you. Because you might possibly find fame and fortune if you could just harness your strange behaviour more creatively. As part of the Festival Fringe
          114 words
        • 95 19 FEEL LIKE swimming all day today right through to tomorrow, eight storeys above ground level? If you do, you'll have to go to the Holiday Inn Park View at noon today and ask to be invited. Because the hotel will be organising its second "24-hour Swimathon"
          95 words
        • 125 19 IF YOU'RE still living in nostalgia or a time-warp, this is one show you'll have to catch. Called "The Supremes Forever", it's the carrying on of a Motown legend which somehow hasn't heard of the word "quit". Long without Diana Ross, the Supremes now consist of Rena Cruse,
          125 words
      • 736 24  -  TRAVEL By BOEY KIT YIN TAKE A TIP. If you won't pay the full fare for a first-class seat on a plane, then do the second best thing: take a risk and check in late, by which time the business or econ-omy-class seats would likely be
        736 words
    • Executive Lifestyle: Personal Investment
      • 896 20  -  GOLD By HERMAN PHUA GOLD is getting ready for a turn. But don't go in just yet. That's the majority view of seven gold gurus interviewed by Usfinancial weekly Barron s. .v M Since the beginning of this gold has looked passe and investors
        Source: Baron's Commodity Research Bureau, Insights by Justin Marnis  -  896 words
      • 186 20  -  -By C S Dow THE STEADY and orderly decline of the gold price from the peak of about US$5OO per oz (spot price) in December 1987 has again charted an impressive downtrend line with four contact points (see chart). The recent rally, which
        186 words
      • 879 20  -  FINANCIAL PLANNING By PHILIP TEH financial consultant, Investment Protection Planning. Mr Teh is writing in his personal capacity THE PROMISE of a return on investment always carries with it the possibility that a loss could result. The higher the reward, the greater the
        879 words
      • 509 20 WHILE PHYSICAL GOLD remains to be rediscovered, gold stocks have soared. Over the past few months a rally in these stocks has created a divergence against the precious metal. A few of Bmrron's team of seven gurus have caught wind of the move
        509 words
      • 819 20 ASIA-PACIFIC FT THE JAPANESE ere becoming more discerning investors in Asia-Pacific markets. The country's giant life insurance companies are now consciously increasing the region's weighting in their portfolios. Overall, Japanese investments in Asia-Pacific markets are estimated to account for only 3 per cent to 4
        FT  -  819 words
      • 475 20 Conversion terms Premium/ (discount) using Expiry Amount Knees (as ai Optional** Company (m units) Wrts Share Lnstk Conv ratio Exer pries Lnstk nom valus Cash Cash 1 Lnstk* Gearing 1 Oats mths left C K Tang Chuan Hup Chuan Hup 94 City Dev DBS Land 16.9
        475 words
      • Don't quote me...
        • 158 21 WE ARE TOLD that the family of Indonesian cooking oil king Oei Ek Tjhong (Eka Tjipta Widjaja) has been on a buying spree in Singapore's residential property market. Among properties snapped up by family members recently are some eight units in a condominium development in Katong
          158 words
        • 185 21 SPEAKING of Indonesia, the frenzy in the stock market there is reminiscent of Taiwan about a year ago. New companies are being listed on the Jakarta Stock Exchange (JSE) at a rate of one a week, and each new issue is snapped up in no time. Stagging
          185 words
        • 100 21 QUOTE of the month goes to Mr Tadasu Toba, the 59-year-old president of Ajinomoto Co, the world's biggest producer of the mouth-numbing, skull-tingling food additive known as monosodium glutamate (MSG). Talking to Forbes about his company's plan to expand its market share in America, Mr Toba
          100 words
      • 948 21  -  mm By LORETTA Mc LAUGHLAN WHETHER YOU LOVE or hate entrepreneurs like Vincent Tan and whether you are suspicious or enthusiastic about shareholding structures such as the IGB-Inter-Pacific-Berjaya triangle, there can be no dispute that Berjaya Corporation (Malaysia) Bhd has enjoyed a meteoric
        948 words
      • 147 21 CHARTPOINT PRICES are sitting on support S at yesterday's close of 551.55. Medium-term indicators are also in an area of support, but short-term indicators are quite oversold. Because of this, a break below S would cause prices to drop only marginally lower in
        147 words
      • 464 21  -  W/ By C DOW THE G-7 STATEMENT on the US dollar after its meeting last weekend and its interventions in the foreign exchange market this week to "push" the greenback lower is reminiscent of the G-5 meeting and its aftermath in September 1985. Indeed,
        464 words
      • 324 21 WARRANT WATCHER WHEN A STOCK has two warrants outstanding, there can be good chances to arbitrage between the two. Let's look at Straits Steamship Land warrants (SSL) and Keppel Investment warrants (Kl). In spite of their different namee, both
        324 words
      • 414 21 Reuter CENTRAL BANKS have succeeded in sharply lowering the dollar's value with an unuedflfy aggressive US$4-billion intervsgv tion this week, but the resiJMrrt currency Is expected to recover as soon as the assault enifti, economists said. Since last weekend's Gtqmp
        Reuter  -  414 words
    • Executive Lifestyle: Sports
      • 571 22 GOLF AP TOM KITE said the Americans' top-seeded position was an advantage in first round play of the Dunhill Cup. Mark Calcavecchia said nothing at all. Greg Norman said goedbye. "See you next year," th«- Australian "Great White Sh«rk" said after
        AP  -  571 words
      • 307 22 AP GREG LADEHOFF and Tommy Armour 111, two players who have never won a PGA tournament, each shot a 6-under par 66 on Thursday to take the openinground lead of the U*****,000 Centel Classic in Florida Ladehoff, whose group was the last to
        AP  -  307 words
      • 307 22 TENNIS AFP AP MICHAEL CHANG defeated Wimbledon quarter-finalist Paul Chamberlin of San Diego 6-1, 6-2 to gain the quarter-finals of the U*****,000 Volvo of San Francisco tournament. In a match that took just an hour, Chang, the defending champion in San Francisco, appeared to
        AFP; AP  -  307 words
      • 248 22 CYCLING AP BELGIAN CYCLIST Eric Vanderaerden won the second stage of the Tour of Ireland on Thursday in a finish that was so close he thought he had placed second, and- also took the overall lead of thO>ve-day race. Vanderaerden believed he finished behind
        AP  -  248 words
      • 330 22 MOTOR-RACING AFP NlflEL MANSELL, foiled in his attwnpt to escape a ban on competing in tomorrow's Spanish Gravid Prix, could turn his back racing. Jhe 36 year-old Briton was banned from Sunday s race and fintfd US$5O,OOO for failing to
        AFP  -  330 words
      • 106 22 AFP BRITISH designer John Barnard has failed to reach an agreement with Ferrari to continue working for the Italian Formula One team next year. Although his departure was announced three months ago it was thought the arrival of Frenchman Alain
        AFP  -  106 words
      • 219 22 AP NIGEL MANSELL of Britain, in his first public comment since his suspension, said he intended to lodge an appeal in Paris before the International Federation of Automobile Sports. Explaining why he stopped illegally, he said, "The McLaren mechanics had placed some material in the
        AP  -  219 words
      • 416 22 BOXING AP PABLO ROMERO. Cuba's one-man light heavyweight demolition squad, is now only one victim away from winning his third World Championship title. The 29-year-old took only 98 seconds in the semifinals in Moscow on Thursday to stop Hungary's Sandor Hranek
        AP  -  416 words
      • 242 22 ATHLETICS AP TWO-TIME Olympic hurdles champion Edwin Moses, in an interview published on Thursday, said drugs were spreading like cancer in US sports and called for a judicial inquiry into the problem. In an interview with the West German magazine Stern, Moses was quoted
        AP  -  242 words
      • 253 22 FORMER world heavyweight champi6n George Foreman will take on fellow-American Gerry Cooney next January in what he said is a "dream matchup" with championship possibilities. "This is a dream fight," said the 40-year-old Foreman, who has won all 19 of his fights since staging a
        253 words
    • Executive Jobs
      • 383 23 DAVID TAN Long Yam has been promoted to the position of general manager of Maersk Singapore Pte Ltd. He takes over from Mr Yim Choong Chow who has been assigned to head the Maersk office in Copenhagen. Mr Tan has been with the company for 14 years
        383 words
      • 788 23  -  By SANGEETA MULCHAND HE LEARNT half his trade during his eight years in government service. The other half was picked up during his three years as a door-to-door salesman peddling cooking ware, fire extinguishers and telephone sprays. As far as former civil servants
        788 words
      • 1188 23  -  It can help to have impressive paper qualifications and a brilliant track record. But other factors are just as important in deciding who gets the job. And sometimes it boils down to personal chemistry whether or not employer and prospective employee hit it off from the
        1,188 words
  • Page 13 Advertisements
    • 311 13 CALL fr(T(s"[T for all your financial needs hotv any phone anytime, any place 222 5544 222 8844 Hong Laong Flnanca Singapore Finance kkfrntmfUm tJfmmm. MfOlM V :OIS7 CMT73 Today, one watch reigns supreme. nr» I icst The Mechanical Masterpieces The Automatic Chronograph, the Perpetual Calendar and the Tourbillon (Illustrated from
      311 words



  • Page 16 Advertisements
    • 903 16 Where tv entertain... Where to entertain... Where to entertain... Where tv Some like it hot. From September 18 to 30 you can discover the secret cuisine of Xi an's Master Chefs, direct from the Golden Flower Hotel, Xi'an. Tantalisingly spicy dishes served at lunch and dinner in the cool, inviting
      903 words
    • 181 16 PABry AT THE LIBRARY If* non-stop action ami km mmy m/kt at Tha Übrwy. Each fi ll 1 V «g atatam Library Basement SB 333 Orchard Road, Singapore 0923. Tel: 737 4411. I)isco\? r the las'? of Difference honq Dia~ Vn Our Master Chef Mr. Wong Chi Kwan from Hong
      181 words

  • Page 17 Advertisements
    • 177 17 entertain.. Every Sunday Theme's A Family Feast In The Paek. At the Hubertuj Grill, Sunday brunch u a great outing for the family. A glorious buffet spread LaLud out for both grown up* and children. And to make sure the lath are truly entertained, there's an exciting Mattel playroom. Sunday
      177 words


  • Page 19 Advertisements
    • 33 19 BIRTH OF A NEW •.CLASSIC a ■X,--. A* Li COMPANY «e IDEAS F»OM MASSIMO OSTI C.P. COMPANY BOUTIQUE TANGS STUDIO (LEVEL 1 SCOTTS SHOPPING CENTRE, SINGAPORE 0922 SOLE AGENT: FIELDSTONE TRADING PTE LTD.
      33 words
    • 99 19 ESSENTIALS OF is a handbook of the fundamental facts in 'A' level Economics, ft brings together all the important definitions, theories and concepts in Economics that you, the student, will need to know, and presents these in the form that you will find easy to understand and absorb The arrangement
      99 words
  • Page 19 Miscellaneous
    • 782 19 tohimis (ga^eDaD CRYPTIC PUZZLE ACROSS 8 How the photographer said "A little bit higher"? (5. 2) 9 For long time, le afraid of your being broken into (4. 5) 13 How the reluctant boy waa urged to piay K? (5) 14 Cat making a row round about midnight (5) 15
      782 words

  • Page 20 Advertisements
    • 48 20 PROVINCE OF QUEBEC, CANADA J Lake Reardon Resort Land i For Sale (320 Acres) i Price from C 59,000 upwards i For more details, ask for a free brochure from .1 Exclusive Agent: DAMO ENTERPRISES PTE LTD Crawford P.O. Box 571, Singapore 9119. Tel: 02-291-2062 Fax:o2-295-1615 Pager: *****68
      48 words

  • Page 21 Advertisements
    • 28 21 BT welcomes Investment Ideas and viewpoints from brokers, bankers and other readers. Address all correspondence to: The Editor, Personal Investment, Business Times, 390 Kim Seng Road, S'pore 0923
      28 words
    • 188 21 FOR SALE MV SUPERCAT EI (30 METRES) High Speed Ferry m mm. r tt* a£. 5E3PdiK' Buik: Length SPECIFICATIONS: I annrhcri December 1987 Materials: All 30 metres Engines: 2 x II JO metres 21 1.98 metres TD 25 knots service. Max 28 knou 35,000 litres (Service) Water 3,000 Litres Range:
      188 words

  • Page 22 Advertisements
    • 349 22 KfAtt JOO CAM FACTORY BCRMAD (incorporated In Malaysia) HALF-YEARLY REPORT The Directors are pleased to announce the unaudited results of the Group and of the Company for the first six months ended 30th June 1989. HALF YEAR ENDEO 30TH JUNE GROUP COMPANY INCREASf (DECREASE) 1989 1968 1989 1988 GROUP COMPANY
      349 words

  • Page 23 Advertisements
    • 210 23 DHL IN THE NEWS Advertisement DHL spans the world DHL was started in the United States in 1909 by three men Dalsey, Hillbtomand Lind who saw an essential need for the quick delivery of important documents from the Wast Coast of USA to Hawaii. Today, DHL has grown to become
      210 words
    • 350 23 CONNER PERIPHERALS, a publicly-held manufacturer of computer peripheral products headquartered in California, invites you to be a top executive in our growing company in SINGAPORE. 7 REGIONAL CONTROLLER The Position The incumbent reports to the Vice President Finance with dotted line responsibility to Vice President and General Manager of Singapore
      350 words
  • Page 23 Miscellaneous
    • 43 23 Dip sou er4jov ndorA holiday rog. Cordon J 6LUC V Vp ft RfV,T' I VJND>eRSTP>(4D rj ON MOMDRy TO coßoPe. y Noo'Re R rmef? mrm thrni I pjn 15 ON "TUG. VneNU ToDRV P srusagc Roast e»Rosseu sprouts FRCNCW FR1&3.... Russify .6uii33 Rou.
      43 words
    • 29 23 DOLLARS AND NON$EN$E" iy-^i jy ©:>o, \Mm I rrt '.r«.r* W® A kxm i 'Sorry I'm late, chief-—I had a little trouble working out my grooming strategy this morning."
      29 words

  • Page 24 Miscellaneous
    • 617 24 Mekanfc, Today. 3.05pm, SBC 5 A mechanic stumbles upon a huge cache of stolen cash in the back seat of a taxi and decides to keep it for himself. But he's got to contend with the bank robbers who stole them in the first place, and two mysterious women who
      617 words
    • 2726 24 SATURDAY sssrr^~ PM Opening and Programme Highlights followed by Life Matters Diabetes (See Our choice). Bookvisions The Prisoner of Zenda. Rassendyil, Sapt and Fritz go to the rescue of the King who is being imprisoned in Michael's hunting lodge They and part of the King's army attack the lodge and
      2,726 words
    • 187 24 Water Birds, Today, 6.35pm, SBC 5 Water birds, such as ths gull, plover, sandpiper, mandarin duck and albatross, make their home near the water's edge because of the abundant supply of food. Nature Watch examines their habits, hunting techniques, and even their plumage. Dllfcrtf, Today, 7.30pm, SBC 12 Not all
      187 words