The Business Times, 17 February 1990
1990-02-17
1
24
https://www.nlb.gov.sg
https://eresources.nlb.gov.sg/newspapers/browse/biztimes
The Business Times
-
Title Section12 1990-02-17 1 BUSINESS TIMES MCI (P) 170/12/89 Weekend Edition, February 17-18 1990 75 CENTS12 words
-
315 1990-02-17 1 BARELY four months after he joined Malayan United Industries (MUI), Datuk Malek Merican has resigned from the diversified industrial and financial group. His sudden resignation from the diversified Malaysian conglomerate which has interest in property, manufacturing and finance, shocked the business community in315 words
-
Article, Illustration326 1990-02-17 1 YONG POW ANG - By YONG POW ANG QUOTA or no quota, there are some 80 people willing to pay more than $300,000 and wait for four to six years for a slick Mercedes Benz sports car. They are mainly young and middle-aged professionals, who reportedly326 words
-
488 1990-02-17 1 AMY BALAN - Time Engineering, K Kellas also specified in Feb 15 deadline By AMY BALAN IN ITS latest crackdown on insider trading, the Registrar of Companies in Malaysia has ordered all stockbroking firms in the country to reveal the identity of buyers who488 words
-
Article59 1990-02-17 1 WALL STREET stocks wars narrowly mixed yesterday, with bius chips posting small lossaa. Ths Dow Jonss Industrisl Avsrsga was off sbout 1.5 to 2647.97. Qainers lad losars five-four. Ths US government msds savsrsl economic reports whoss total impact on the market was mixed. The trade deficit shrsnk to59 words
-
Article65 1990-02-17 1 AP LONDON share price were higher on the London exchange yesterday, as ths market took hope from a steady demand for oil, water and banking stocks. At 1208 GMT, ths key Financial Times-Stock Exchange index was up 14.1 points or 0.6 per cent at 2327.9 points. At its bssLAP - 65 words
-
Article, Illustration491 1990-02-17 1 WILLIAM CHIA - By WILLIAM CHIA CONSTRUCTION group Lum Chang Holdings has acquired a 53.1 per cent stake in Eu Yan Sang (EYS) Holdings and is making a general offer for the small Chinese pharmaceuticals company. Lum Chang announced yesterday that it has agreed491 words
-
247 1990-02-17 1 AP Reuter THE AMERICAN trad* deficit, tidtd by a dramatic 30 par cant improvement In December, narrowad to U*****.58 billion last yaar to poat tha tmallaat yaarty imbalanca sinca 1984. While aconofniats wara piaaa* antly surprised by tha U857.17 billion Dacambar daficit. thayAP; Reuter - 247 words
-
Article149 1990-02-17 1 Mdoy ST Mwlrtali Mm 1,***** 672) IT-MGAMox \£%4J7 5*42 NSTMHIIWMM 3,***** (+16.39) HK Hang Swq Un 2,939.25 29.21 Tokyo NMni Avorago 37/460J2 (-11.67) i, AM A 1441.24 24) Now Yo»fc (Dow Jonot) 2A49SM 25.23) London (FT 30 Mox) 1,829J( 7.1 US$. *****y0n *****0 M S) 1.8654 it149 words
-
Page 1 Advertisements
-
Advertisement243 1990-02-17 1 Nikon i t b i z ThaWbrtd'sFlnset Photographic System. m Sex lies in videotape Page One ■CNMNtary Is the varsity mature enough for adults? Page Two mmmk 1 Consider alternative therapies Page Five ITmtl KL's Central Market Page Seven 1 I Exacithn Ms Chairman? Oh dear, which one? Page Nine243 words
-
Advertisement7 1990-02-17 1 Mnwdn B«nz top* —Ming Hat, PAGE 27 words
-
Advertisement289 1990-02-17 1 Ntkmpi The Wbrtd's Finest WimogmpWc tyatow. Watch out tor Mm tefttale signs; UEM, MecMflar In Mfllliii venture, PAGE S Beyond 21,000 SINCE EXCEEDING tha 21.000 circulation mark for tha first tima on Jan IS. BT haa gona on to now haights. For tha waak andad Fab 10. tha avaraga daily289 words
-
-
ASIAN AEROSPACE '90
-
Article, Illustration570 1990-02-17 2 WALTON MORAIS - Major advances in industry highlighted By WALTON MORAIS THE ADVANCES that Singapore's aerospace industry has made came into sharp focus on the third day of the Aaian Aerospace show yesterday. This followed million-dollar investment announcements and news that Rolls-Royce is keen to570 words
-
Article, Illustration400 1990-02-17 2 HARISH MEHTA - By HARISH MEHTA THE SOVIET UNION struck flold yesterday, signing agreements with aeroepece companies from Italy. Canada and West Germany to deeign and manufacture aircraft and develop new markets. Mikhail Simonov, general designer of the Sukhoi Deeign Bureau. aaid that the buaineea opportunities available400 words
-
334 1990-02-17 2 SINGAPORE'S premier air show will face tremendous competition with the emergence of at least two major Asia-Pacific shows, the Japan International Aerospsce Exhibition '91 and the Austrslian Aviation Trade Fair, which are aimed at the international aerospace community. Ironically, the Japan show was334 words
-
Article80 1990-02-17 2 LONOON-BASED aviation consultant Avmark International Ltd has baan awardad a contract by tha Macau govarnmant to conduct a faasibiltty study to sat up a naw airtina in Macau. It la undarstood that tha contract batwaan Avmark and tndudaa an option to exttno in# contract for80 words
-
Article59 1990-02-17 2 18,561. That was tha numbar of trada visitors who cama to Aaian Aaroapaca *90 ovor tha ityn daya sinca tha show bagan on tha 14th. At tha last show hara in 1986, 13,753 visitors cama, saw, and conquarad tha markats. Tha baat part of It is that hara59 words
-
Article100 1990-02-17 2 SINGAPORE company Samaaro and Aaroapatiala'a ganaral aviation subsidiary, Socata, yaatarday signad a pact making Samaaro tha sola distributor for light sircrsft in Asaan. Samaaro bacomaa tha distributor for light aircraft lika Trinidad. Tobago, and Tampico in Aaaan countriaa, many of which alraady oparats soma of tha aircraft.100 words
-
Article108 1990-02-17 2 INOIA. ayaing dafanca and dvil markata in tha raglon, axpacts to achtava aarospaca axports worth about $4 million thia yaar, and going up to $21 million naxt yaar. said tha chairman of tha govarnmant ownad Hinduatan Aaronautics Ltd. Tha thrust said Wing Commsndar IM Chopra, would coma from108 words
-
-
HOME NEWS
-
Article, Illustration426 1990-02-17 2 GENEVIEVE CUA - By GENEVIEVE CUA THE PROPERTY MARKET is expected to remain positive up to next year, after which supply will begin to exceed demand. Jones Lang Wootton managing director Edmund Tie made this projection yesterday at a talk for the Real Estate Developers Association of426 words
-
259 1990-02-17 2 TEXAS Instruments (Tl), which recently announced the cutback of 1,500 jobs worldwide, has set up a transportation systems office in Singapore to serve the Asian-Pacific region. The new office, in addition to Tl's existing facilities in Singapore, will be the American conglomerate's third259 words
-
225 1990-02-17 2 THE ADVERTISING INOUSTRY s much-awaited training facility will be launched in April and will be ready by September, chairman of the Institute of Advertising protem committee, Teo Keng Hock, said yesterday. Mr Teo was speaking at the Max Lewis award ceremony where he225 words
-
Article74 1990-02-17 2 AN INDUSTRIAL arbitration court yesterday dismissed a petition against Singapore Airlines alleging the airline s promotion policy discriminates against foreign pilots hired on local terms. Tan Teow Yeow, president of Singapore's Industrial Arbitration Court, said the question of promotion was the exclusive domain of an employer.74 words
-
578 1990-02-17 2 YONG POW ANG - By YONG POW ANG HIGH-PRICED Mercedes Benz has emerged the beet-selling car in the first 10 days of this month a strong indication that the higher registration fee for cars since Jan 31 has less effect on expensive cars. But, overall, there has been578 words
-
150 1990-02-17 2 THE Public Works Department (PWD) yesterday issued guidelines to help developers, architects, end engineers design barrierfree buildings to cater to the needs of the disabled and elderly. The guidelines, called "Code on Barrier-Free Accessibility in Buildinga", spell out. among other things, the need for150 words
-
166 1990-02-17 2 THREE MORE oil companies Shell. Caltex and Singapore Petroleum Company (SPC) have cut their diesel pump prices by two cents per litre. They join Mobil, which announced its price reduction on Thursday. The new diesel pump price for all four oil companies is166 words
-
Article159 1990-02-17 2 BUSINESSES and statutory bodies are the greatest beneficiaries of the Small Claims Tribunal system. The number of small claims registered with the tribunal roee by more than SO per cent to reach 12,906 last year against the previous year. But only 875 claims or about159 words
-
-
Page 2 Miscellaneous
-
Miscellaneous181 1990-02-17 2 Qlobel temperatures end weether forecaet 17 OUTLOOK: Showora City Mas/ Nole wtr aovorsl arses la Mil, Sm lata mondng and MCO lapart for 24 hour* prior Abordoon 07/02 Windy to 7.30pm on Fob 16 at Amsterdam 08/02 Cloudy «w airport. Aifcont 13/05 Sumy Mas (Map »J Auckland 26/16 Fair Asssc181 words
-
-
REGIONAL BUSINESS & POLITICS
-
Article1238 1990-02-17 3 •V ARRIVALS DEPARTURES Operator ommcm Local From Opoiutoi w#TVK# Local For number MM number Mm* SQ91 0005 PCK/SHA SU tooso 0050 OSA OAL OA471 0015 ATH SU SQ098 0100 NRT MAS AAH7240 0025 KCH MAS MH7250 0105 KCH MAS MH623 0035 KUL SU SQ090 0120 PUK/NGO "JAL1,238 words
-
Article, Illustration423 1990-02-17 3 AP PRIME MINISTER Bob Hawk* has called a general election for March 24 in a bid to gain a record fourth consecutive term for his Labour government. Mr Hawke made the announcement yeaterday, saying the electorate "faced clear and stark alternatives'' inAP - 423 words
-
Article, Illustration372 1990-02-17 3 AFP PRESIDENT Cormzon Aquino on Thursday stood firm on her refusal to mast US Dsfanca Sacrstary Richard Chanay in spits of s public rsbuka from Prasidant Gaorga Bush, but triad to cool down tha disputs. In a ralatad development, the USAFP - 372 words
-
483 1990-02-17 3 AFP SLUGGISH DEMANO in its Old-time Western markets is drawing Hongkong closer to its Asian trade partners, with Japan tipped to become its biggest customer in the years ahead. "We see the opening up of trade in Asia. It is veryAFP - 483 words
-
170 1990-02-17 3 Reuter TAIWAN'S indirect trsds with China through Hongkong roee by about 26 per cent to hit a record US$3.4B billion in 1969. the Board of Foreign Trade said in Taipei yeeterday. But officiale said that trade, which grew by an sstounding 79.54 per cent in 1968.Reuter - 170 words
-
219 1990-02-17 3 AFP THE controversial auction of prima raai aetata owned by tha Philippine government in Tokyo will go ahead next weak, according to officiate in Manila. Tha first bid to eel I tha proparty in March 1069 waa ecrapped after juat one offerAFP - 219 words
-
563 1990-02-17 3 A CONSORTIUM of Jspsnsss and Australian governments and private sector interests are seeking Hongkong business support tor a HKSBO billion to HKSIOO billion plan to build a totally new "city of the future" in Austrslis. according to Tho South China Morning Post Preliminary discussions563 words
-
320 1990-02-17 3 AFP A MAJOR anti-government rally in Bangkok had not threatened the administration's stability, government spokesman Suwit Yodmani said yeeterday. Mr Suwit dlemieeed the oppoeition's allegations made at tha rally on Thursday and its call for a dissolution of parliament aa "groundless and one-eided".AFP - 320 words
-
-
Page 3 Advertisements
-
Advertisement32 1990-02-17 3 w w A bwiat* pAwn'i choict every Tuodiy, fXITi Afiii SMMJAKSSB 4VGaff your tnntti tgtru or A r GmaJ* *t 732 If if. /J\ A Breath Of Fresh Air 1 Air Canada32 words
-
Advertisement63 1990-02-17 3 WORRIED ABOUT YOUR HAIR? CALL US FOR A;'- v. >- t> V f- > z y% f. :i|| v v w 'V. A renowned hair specialist from China, is here to introduce the solution to your hair problems. FOR FREE CONSULTATION CALL: *****50 CONSUUXTION OFFICE: 400 ORCHARD RD. #06-13, ORCHARD63 words
-
-
WORLD BUSINESS & POLITICS
-
Article, Illustration482 1990-02-17 4 AP SOVIET lawmakers were asked on Thursday by their government's leaders to legalise private property, which once was condemned by the Kremlin. "If we want to have a market economy and take part in the international marketplace, then we need such aAP - 482 words
-
189 1990-02-17 4 Reuter FRANCE and West Germany on Thursday supported calls for an informal European Community summit on German unification but could not agree on proposals to speed up Europeen monetary integration. President Francois Mitterrand and Chancellor Helmut Kohl, in Paris on a short dinner visitReuter - 189 words
-
240 1990-02-17 4 AP THE RED ARMY will start leaving Czechoslovakia on Feb 26. and an agreement on a full withdrawal of Soviet troops from Hungary could be reached within a month, officials said on Thursday. Gen Anton Slimak, Czechoslovak chief of staff, initiallyAP - 240 words
-
182 1990-02-17 4 AP WESTERN OFFICIALS were considering requests yesterday from five Eastern European countries to take part in an economic rescue programme originally set up only for Poland and Hungary. Representatives of two dozen Western nations were meeting for a fifth time to discussAP - 182 words
-
286 1990-02-17 4 NYT INDUSTRY ANALYSTS My the unveiling of experimental memory chipe by major Jepaneee makers show* that their technological edge is still untouched by foreign competitor* Yet they added that high investment coets and trade frictions will lead Japanese msnufacturers to formNYT - 286 words
-
463 1990-02-17 4 AP THE UNITED STATE 3 stands slons sgsinst European members of Cocom in opposing an easing of Cold War curbs on the ssls of sensitive high technology to the Soviet Union, sources closs to the talks said on Thursday. "It's very slowAP - 463 words
-
129 1990-02-17 4 Reuter UNSEASONABLY mild temperatures in January helped push US new-home construction up by 4 record 20.6 per cent, the Commerce Department said on Thursday, but analysts called it a weather-related phenomenon and not the start of a new houeingReuter - 129 words
-
245 1990-02-17 4 AP COMPUTERS and other electronic gadgets are increaaingty being ueed by employers aa a "technological whip" for keeping workers in line, said a report reieaaed Thursday by a workers" advocacy group. Employers uee several types of devices for worker surveillance, such aa oneeAP - 245 words
-
185 1990-02-17 4 AP JAPAN'S trad* ministry it asking car manufacturers to limit plant and equipment investment to sreaa that will not lead to increased exports and thus aggravate Japan's trade surplus, industry officials and analysts say. While the Ministry of International Trade and Industry does notAP - 185 words
-
114 1990-02-17 4 AP LESS trade friction and more economic cooperation between America and Japan would benefit not only thoee countries but the reet of the world, says South Korea's minister of trade and industry. "According to a Korean saying, when whales fight, it is theAP - 114 words
-
277 1990-02-17 4 AFP SOUTH AFRICA'S markets were steadying on Thursday after panic selling by overseas buyers in the wake of Nelson Mandela's statements on nationalisation had sent shares and the foreign-invee-tor rand tumbling. The Johannesburg Stock Exchange, which had suffered its worse dropsAFP - 277 words
-
-
Page 4 Advertisements
-
Advertisement93 1990-02-17 4 It could be a controversial deal between two stock market stars, a thought-provoking report by university researchers on the latest trans-European tj —r>—' FOCUS zooms in on the news and JL, issues of the day and looks at them in more depth and breadth. FOCUS is the news feature section93 words
-
Advertisement120 1990-02-17 4 EACH WEEKEND, put up your executive feet, and let us shuffle through your imagination. We usually tread lightly, but when we don't, you'll know you'll alive after that exciting, exacting or simply emaciating week of work. So don't throw in the high-flying towel, or take shots in the dark. Pick120 words
-
-
Page 4 Miscellaneous
-
Miscellaneous51 1990-02-17 4 Doonesbury by garry trudeau I Vlj// I I Inumi M&f WVtTDfMHi, I MIMA 11H0U6HT, H&, 7HCR&SA IDO MAW IT, SiR. ANP JUST GCXJLIMT MORE DISAPPOINTS?, UTTI&. I NATIONAL SeCUHTy DOUH- TTOMPMAKS tHOR£ALL f jZpYABaJT HOWTT APBNTTVOLL (UANT TO BE **HO*NTt*gOFThB J MMOTffP. WW. M ALLTURNBP OLTT. REALLY. POPULAR,TOO. j I51 words
-
-
COMPANIES & MARKETS
-
Article, Illustration877 1990-02-17 5 wmmm* YESTERDAY'S news of an insider probe into several companies associated with Malaysia's Umno party rolled off investors like water over the proverbial duck's back. It has been that way since the start of the bull run in Jan 1988. Except for a temporary877 words
-
Article, Illustration685 1990-02-17 5 Bernama ARAB-MALAYSIAN Merchant Bank (AMMB) has forecast a record group pre-tax profit of M 168.04 million for the current financial year ending March 31. 1990, compared with M 558.01 million and M 541.92 million for 1989 and 1988 financial years respectively. ItBernama - 685 words
-
442 1990-02-17 5 MBT UNITEO ENGINEERS (M) Bhd has roped Kuala Lumpur-listed engineering group MechMar Corporation as a partner in a massive Ms3oo million land reclamation project in Penang. MechMar is likely to become a joint-venture partner in Permaijana Ribu, the contracting company for the project,MBT - 442 words
-
365 1990-02-17 5 FOOD-BASED OAF group is buying up the remaining 25 per cent ot The Brunei Press Sdn Bhd from Times Publishing Ltd for Bsl million. OAF said its whollyowned subsidiary, OAF Investments Sdn Bhd, had entered into an agreement with Times Pub to365 words
-
Article225 1990-02-17 5 PROMET BHO says Manufacturers Hanover Trust Company. Singapore branch, has ceased to be a substantial shareholder of the company following its disposal of 15.76 million shares on the Stock Exchange of Singapore. The shares were disposed of between Feb 2 and 13, which now leaves Manufacturers Hanover Trust225 words
-
315 1990-02-17 5 ABDUL HADHI - By ABDUL HADHI MARKET-ASPIRANT PentexSchweizer. currently making an offer of 10.9 million shares for sale at $1.15 each, is sticking to its after-tax profit forecast of not less than $3 million for the year ending June 30, 1990, despite doubts over its unusually low315 words
-
Article, Illustration608 1990-02-17 5 Pre-tax profit of M 5123.41 m for 1990 forecast MBT UMW HOLDINGS is confident that the remarkable turnaround last year will not be just a flash-in-the-pan. Group managing director Shiew Wan Shing said the company is now in definitely better shape than aMBT - 608 words
-
377 1990-02-17 5 ELAINE KOH - By ELAINE KOH CIGARETTE msnufscturer Rothmans (Malaysia) has reported another double-digit growth in earnings, with after-tax profit rising 69 per cent to M 572.09 million for the interim period ended Dec 31, 1969. This the group attributed to its expansion, better returns from investments377 words
-
MONEY AND EXCHANGES
-
300 1990-02-17 6 AFP NEWS of a March 24 federal election boosted the Australian dollar yesterday because it ruled out any further interest rate cuts, analysts said. Financial markets expected the Labour government to be re-elected for a fourth term, they said, adding that aAFP - 300 words
-
170 1990-02-17 6 Reuter THE West German mark is likely to move into a corrective phase, with recent bullishness stalling in the face of growing worries over proposed economic and monetary union with East Germany, Tokyo dealers said. "The mark may have more respite," said Hiroaki Shukuzawa, seniorReuter - 170 words
-
Article1534 1990-02-17 6 SINGAPORE: The US dollar fell against the yen but dealers said trading was quiet until late in the day as the market waited for the release of US trade data and the Japanese elections tomorrow. A Japanese trading house sold the dollar at 144.90/95 yen in early Far1,534 words
-
Article160 1990-02-17 6 Gold futures on February 15, 1990 tOO troy ouncat; UN par troy ounce Oh* High Low Mh F*b 417.60 ***** 412.00 412.40 -4.30 Mor 413.00 413.00 ***** 41X40 -4.00 Apr 431.30 422.00 413.30 416.20 -4J0 km 427.00 427.40 420.00 421.60 -4.30 Aug 430.00 430.00 426.00 426.00 -4.30160 words
-
156 1990-02-17 6 AFP THE Bank of Canada on Thursday increased its discount rate to 13.32 per cent the highest rate in more than seven years from 12.79 per cent It said the move waa to protect the Canadian dollar. At leaat four large commercialAFP - 156 words
-
Article58 1990-02-17 6 THE overnight rate on the Singapore money market waa up 1/4 point at 4-1/2 per cent yesterday. Short-term rates increased by 1/16 across the board to 6-3/8 yesterday. S$ Inter bonk rates at the dose yesterday: WW SB Ow■HW 4 1/3 4 Ihw* 6 3/t 4 1/4 3-mmtk58 words
-
Article264 1990-02-17 6 IMM currency futures ended mixed, with marks sagging to large losses on concerns about the effect of monetary union between the two Germanys. "In the background it's still concerns about the inflationary impact of monetary union." said Earl Johnson, vice president at Harris Trust and Savings Bank. "There was264 words
-
Article641 1990-02-17 6 SIMEX Eurodollar futures closed steady to higher on short-covering and weekend booksquaring in moderate trade ahead of the US December trade data. March closed unchanged from Chicago's settlement of 91.65 while June rose to 91.62 from 91.60. Around 4,853 lots traded. In Eurodollar options, one call and 15 puts641 words
-
Article, Illustration177 1990-02-17 6 'Hiwlwlnwir— prim* Mkg rates sf 12 iM|or banks In fpors Interbank market rata* (offer/bid) on Fab 16 USS Dtt SWFC Y«n 7 4mr% J/14 3/1* 14 7/1 14 3/4 1-77/1 4 7/4 4 1/4 3/4 J/« I Ml. J/14 4 3/14 IS 1/14 14 IS/I* 1/4 9177 words
-
Article241 1990-02-17 6 ASIAN OOLLAR deposit rates closed steady to slightly higher in quiet preweekend trade, partly due to a decline in US bond prices. Among term rates, one and six months were stable at 8-5/16 8-3/16 per cent and 8-3/8 8-1/4 per cent Two months closed slightly firmer at241 words
-
Article91 1990-02-17 6 Treasury bills Period Issue Yesterday's dosing Day's code Maturity MD OFFER KNGH LOW 3 month* RQ*****V 17.05.90 3J0 ZA5 X50 3.45 6 month* 1 year BY*****Z 18.10.90 4.00 3.95 Government notes end bonds Period Issue Maturity Coupon Yesterday's dosing Day's code rate MO OffB MGH LOW 291 words
-
Article1009 1990-02-17 6 CURRENCY FUTURES OPTIONS IMM Thursday, February IS, 1990 MfTWH POUND CS2.9M; CMk per C Mm Him Apr-e Jmk Mil p Apr p 613 5.46 AM 0.24 144 174 1490 140 244 4.00 OM 1.44 190 1*75 1.40 1 -54 190 1.54 5.26 1700 0.40 0.44 204 3j02 *44 17251,009 words
-
-
BANKING AND FINANCE
-
454 1990-02-17 7 Reuter HONGKONG and Shanghai Banking Corp Ltd is expected to tidy up its ssset portfolio and unveil its secret inner reeervee before forming any cloeer ties with Midland Bank pic. market analysts said. "After acquiring the Lloyds Bank Canada, HongkongßankReuter - 454 words
-
424 1990-02-17 7 Reuter ANOTHER new bank will open its doors in New Zealand in May, despite widespread concern that the country is over-banked. National Mutual Bank, whol-ly-owned by life insurance and pension fund manager National Mutual Corp New Zealand Ltd. will become the latest newReuter - 424 words
-
299 1990-02-17 7 QUAK HIANG WHAI - By QUAK HIANG WHAI CARD ISSUERS which continue to welcome risky and unprofitable cardholders in their bid to build bigger market share will end up with higher losses through bad debts, said a corporate recovery manager at a seminar on the plastic299 words
-
351 1990-02-17 7 Bernama BANK NEGARA is investigating a report that a Hongkong-based company has allegedly abeconded with at least Ms2s million raised by offering unit trust sharee to the Malaysian public through a trust fund set up illegally. The report, published inBernama - 351 words
-
296 1990-02-17 7 Reuter EAST GERMANY'S caretaker cabinet approved draft legislation on Thursday for an independent central bank but failed to agree on a package to lower punitive taxes on private income. Government spokesman Wolfgang Meyer tokl a news conference that the banking law, whichReuter - 296 words
-
170 1990-02-17 7 Reuter TWO FOREIGN securities firms have applied to convert cunveitlblo bonds issued oversees by a South Koreen Arm into the underlying siock »or tne Tirsi urn© ever, the South Koreen finance ministry said. Hongkong-baaed S Q Warburg Securities (FarReuter - 170 words
-
-
COMMODITIES
-
Article336 1990-02-17 7 RAS pHC0S In 8 eMWko, FOB In bilii NOON CLOSE Boyon S#N#n Bwytn S#ttKi b* 1 RSS Prompt 158.00 159.00N 157.50 158.50 Int 1 RSS Mar 90 160.00 160.50 159.50 160.00 to 1 RSS Apr 163.00 163.50 162.50 163.00 bit 2 RSS Of 153.25 155.25N 152.75 154-75N336 words
-
Article164 1990-02-17 7 SINGAPORE: Rubber prices closed little changed with March 1 RSS buyer quoted at 159.50 cents a kg. unchanged from Thursday's close. On the TSR-20 Award market, prices held steady at morning levels on a lack ot interest in quiet trading. MALAYSIA: The local rubber market closed the week firm,164 words
-
Article198 1990-02-17 7 Chlnw Product Exchange Sotton' noon dosing pHcti on Fobruory 16 (SS/100 kg) Coconut oil Mk FOB 78.00 Old drum FOB 93.00 Now drum FOB 89.00 Copra MUod (loot*) 40.00 Pepper it. I i ihl-tm nWlW WTWfW FOG NIW 360.00 Sarawak wMto FOB faq NIW 350.00 Sarawak ipodol block198 words
-
Article197 1990-02-17 7 London Commodity Exchange Buyer/Seller closing prices* on Feb 15 (£/tonne unless specified). Previous closing prices in parenthesis. Coffee Mar 601/AOS (616/617) High/Low 612/600 May 606/607 (630/621) High/low 620/605 Solo* (4891) Cocoa Mar 624/625 (621/622) High/low 625/615 May 633/634 (632/633) High/low 637/627 Soto, (9380) Sugar No 6 FOB (USS/tonne)197 words
-
Article200 1990-02-17 7 THE TM price feN for Mm second consecutive day lo a now 2-1/2 year low of M 818.28 a kg, down a cant from Thursday on furthor salao, deolers •aid. "Sanflmanl lo vary bearish," ono deolor Mid, adding tha fall woo oMrtbuted lo roody offers and a farther200 words
-
Article380 1990-02-17 7 HONGKONG: Gold oponod firmor in foaturalass, quiat trading on aarly Japanese buying and Taiwanasa short-cov-ering following a weaker close in New York, dealers said. "Local traders were quiet tMcause of unclear market direction and they are awaiting indications from the US December trade data," one dealer said. A380 words
-
Article99 1990-02-17 7 CBOT soybesn futures closed with modest gains. A mix of commercial and speculative buying buoyed prices throughout the session. Some floor sourcee said ths market reacted to bullish news of sctivs soymesl trading in European markets. Others said bullish technical factors drew in specuIstive buyers. Control Soys wos lectured99 words
-
Article143 1990-02-17 7 Telerate PRICES of fuel oil were unchanged to slightly firmer. Sell indicstions were firmer, at $04-5 mt fob Sing for March CSTIBO. Bids rsmsined unchanged. An depen- dent bought 20.000 mt of CSTIBO at $83 06 mt fob Sing for Ist half March. A distressed 10-15,000Telerate - 143 words
-
Article414 1990-02-17 7 Malaysian cruds palm oH prices closed off the day's highs on selling ahead of the weekend, after vslues had firmed on news of fresh export interest March RBD palm oil attracted sellers at U*****.50. April at U*****.50 and May at US$265 while March/April RBD palm stearin was offered414 words
-
Article117 1990-02-17 7 CBOT soft red winter wheat futures closed lower. Light commercial selling pressured old-crop months. A winter storm that spread beneficial moisture throughout much of the soft red winter area spawned selling in new-crop months, which also finished lower. Private forecasters predicted more rain or snow will fall in the117 words
-
-
SES
-
Article, Illustration846 1990-02-17 8 LIM MUI KHI - By LIM MUI KHI INTEREST RETURNED to the Singapore market yesterday on Wall Street's 25-point rise overnight and confidence that Japan's pro-business Liberal Democratic Party will win a majority in tomorrow's election. Share prices closed broadly higher in moderately active trading on speculative buying and846 words
-
Article239 1990-02-17 8 Rises 8 A T 22f 330 +42 UERts 60 +6.2% +3% Hwo Hong 233 5.4% 12 Hm *b 394 +5.3% +20 tDC 340 +4.9% +16 SombSNpWrts 282 +4.4% +12 Causeway tov 128 +4.1% +5 Inrto-Poc TSR 94 63V4 +4.1% +2V4 OU8 Wrti 1994 179 4.1% +7 Nat Iron239 words
-
Article216 1990-02-17 8 Rises Bolton 240 +14.8% +31 Ranong Bhd 50* 278 +13.0% +32 A P I 8414 +12.7% 9tt Pronwt 117 +10.4% +11 M«tropl«x 50* 138 +8.7% +11 Rolhmans M 50* 725 +8 2% +55 Sot*ro» Rm 102 +7.9% +7% UMW 545 +7.9% +40 G«org« Kent 501 252 +77% +18216 words
-
SES SHARE INFORMATION
-
Article3340 1990-02-17 8 1M High 1*0 Low Tol Cods Company Lost FEB It orVol (•000) Doy High Low 1 Loat O kiyof 1 Ml* Or*8 Dhr Mv On Of* rw Nat wm -a DEBENTURES BONDS, LOANS 330 73* 83 81 48* 66* •7 66 183 76 220 282 322 18 74*3,340 words
-
Article1768 1990-02-17 9 Or'a Gr'o 1B8B/80 Tal Last Vol Day Last Quota Otv Mv VM Nat M Cap Molt Low Coda Company Safa -for- (*000) High Low Buyar SaHar C'vr P/C tmN FEB 18 HOMO KONQ STOCKS 1000 MO 1730 Chaung Kong 1000 m !5 \»i MS** 1219 nUHMMOU m 17*1,768 words
-
Article242 1990-02-17 9 179* 00* t 4000 Amtafc Eng 20# 139 uoch 24 140 137 136 140 ION 99 0.9 17.9 110.2 150 70S 4006 Fuji Oflsat 20* 112 112 113 10.0N 4.9 14 124 40.7 330 138 4001 <38 HMgs 10# 300 296 300 40 ON M 1.3 144 102 3242 words
-
Article256 1990-02-17 9 0000 ASK Com outer 197S 1900 6001 Adolf* Coora 1975 1800 2300 *****4 3475 8003 Apple Computer 3612% 3375 3475 8006 Charmmg S 6007 Cipher Data 6010 Oaiay Systems 900 6011 Dreadner Bank 170'A ***** ***** 5000 5000 6012 Ericsson Tal 5000 ***** ***** 3660 2325 6013 lot* Corpn256 words
-
-
-
KLSE
-
Article, Illustration3068 1990-02-17 9 SHARE PRICES on the Kuala Lumpur Stock Exchange continued to advance yeeterday on wideepread buying in more active trading. The market generally opened higher, boletered by the overnight 25.23-point rally on Wall Street and the early firmer tone in Tokyo. Brokers aaid institutional investors returned, accounting3,068 words
-
Article273 1990-02-17 9 Managers' prices Royal Trust Asset Mgt for Feb 17 19 IT Sport Gf fond I.MS 1205 rr Alia tac O Fund I 27 I 33 Singapore Unit Trust Th« Caawn 132 13» OCBC-AS»et MgT Tha SavHigt fund I.IS 1.22 Sovaa Capital Fund I 18 '23 S'pora Prog fund273 words
-
-
REGIONAL MARKETS
-
259 1990-02-17 10 Production expected to roll next year Bernama CONSTRUCTION WORK on the MsBo-million plant in Shah Alam, under the Aaaan Complementary Auto Part Scheme introduced by Toyota Motor Corporation of Japan, ie scheduled to begin in the middle of thia year. UMWBernama - 259 words
-
377 1990-02-17 10 NYT INDUSTRIAL EQUITY (Pacific) Ltd. the New Zealand-controlled company that owns 14.9 per cent of Cummins Engine Co, filed a lawsuit on Thursday accusing Cummins of securities fraud and charging that its chairman and five inside directors breached their shareholderNYT - 377 words
-
Article144 1990-02-17 10 AFP THE Northern Territory government has warned that a Hongkong-owned textile company could face criminal prosecution for alleged exploitation of Chinese workers in the Austrslian state. Industry snd Development Minister Barry Coulter said on Thursdsy that government Investigations indicated that the company, Hengyang Pty Lid,AFP - 144 words
-
Article, Illustration338 1990-02-17 10 Reuter A LEADING Hongkong businessman, Hopewell Holdings chairman Gordon Wu. will meet a senior Chinese official in mid-March to discuss Mr Wu's extensive infrastructure investments in China, a source close to Hopewell said on Thursday. The source, who re- quested anonymity, saidReuter - 338 words
-
Article, Illustration1175 1990-02-17 10 Hongkong HONGKONG share prices dosed sharply higher yestarday although profit-tak-ing araaad some of the early gaina. The Hang Sang Index roee 46 points in the first 10 minutes of trade but cloeed 29.21 pointa up at 2,930.25. The broader baaed Hongkong Index roee 20.03 to 1.030.02.1,175 words
-
Article, Illustration624 1990-02-17 10 Tokyo Reuter TOKYO ahares yesterday failed to manage a rally despite widespread confidence the pro-business Liberal Democratic Party will win a majority in tomorrow's election. Prices closed barely eaaier. Buying waa acattered with soma favouring construction and other domeatic demand stocks. "Investors took a wait-and-see stance," saidReuter - 624 words
-
Article, Illustration533 1990-02-17 10 Australia Reuter THE Auatralian sharemarket closed mixed yesterday after thin trading due to a general lack of investor enthusiasm daapita Prima Mlniatar Bob Hawke's announcement of a March 24 general election, brokers said. The All Ordinariea Index roae 2.6 pointa to 1041.2. Turnover waa a meagre 74.28 millionReuter - 533 words
-
Article174 1990-02-17 10 Reuter THAI ahara pricaa surgad acroaa tha board yaatarday in raaponaa to rumours that hxiiQn invaatora mmrm buvino back Into UkA mAaLAi A|y| >^11^ u»€ rntrKt* IrKJ WtOr OVff tha paacaful anding of Thursday's antl-govarn-mant rally, brokers said. Tha SET Indax ross 22.00 to doaa at 824.90.Reuter - 174 words
-
Article304 1990-02-17 10 Reuter TAIWAN attar* prices yeeterday plunQQd ktoh Mm board in 0m last minutee of trading m caution continued to rule Via market rlaalan eald. ini wvtyniQQ inovx ivi 366.53 pointa, or 3.0 per cant, to and at 11,660.50 agalnet Thuraday'a 12,026.03 doaa. Tumovar continued 10 MUiiReuter - 304 words
-
Article318 1990-02-17 10 Reuter SEOUL STOCKS drifted lower in afternoon treding yesterday after rieing in the morning. The compoeite index ahed 1.50 pointa to 672.50 after edging up in early trade that boootod the index to near 675. Volume waa level at 235 billion won againet Thuraday'a 240.7 billion. TheReuter - 318 words
-
Article207 1990-02-17 10 Reuter THE New Zealand share market cloeed lower yesterday as buyers became uninterested in slow afternoon trade, though brokers sense s support bese is building around current levels. "I wouldn't be surprised to see the market a touch higher by the end of next week," HendryReuter - 207 words
-
Article87 1990-02-17 10 Reuter SENTIMENT wu bullish on the Jakarta Slock Exchange. with tha camant •actor dominating yeelerday s half-day trading. Camant producers Indocement and Semen Cibinong were the most actively traded at 529,400 and 127.700 shares respectively. Indocement wss un- changed at 10,800 rupiah and Cibinong roee 125 toReuter - 87 words
-
Article94 1990-02-17 10 Reuter PHILIPPINE sharae gained in moderate trade yesterday, shrugging off a bomb blast outside the Makati Stock Exchange building late on Thursday. The compoeite index at the main Manila exchange roee 5.87 points to dose at 1,040.35. Tha combined volume on the two exchanges roee toReuter - 94 words
-
-
WORLD MARKETS
-
Article, Illustration859 1990-02-17 11 New York Reuter WALL STREET stocks ended sharply higher on Thursday, as th« market shrugged off remaining vestiges of concern over US brokerage house Orexel Burnham Lambert's financial woes. Buying in long-ignored money centre banks and intermittent futures-relat-ed activity helped propel prices higher. The DowReuter - 859 words
-
Article, Illustration917 1990-02-17 11 London Reuter LONDON share prices opened firm yesterday after an early modest markup spurred by a 25-point rise on Wall Street. Dealers said New York's advance following recent worries over broker Drexel Burnham Lambert's financial difficulties, together with early sharp gains on the Frankfurt bourse,Reuter - 917 words
-
Article89 1990-02-17 11 Selected indices HONGKONG AM Industrials Hongkong Index XJJL 2S25 fr 1,3042 irr* Tkuadoy *****9 W 2 5228 w««k ogo ***** NEW YORK Hang Seng Index fridoy 2.***** Thoc-ov 1M9SS Thorjdoy 2.***** JfT* w- unn zSS TOKYO Standard Poors MM *"•">£ JSSiL, m" SSfS w 3tt W# 37 268 4 LONDON89 words
-
148 1990-02-17 11 Reuter A DUTCH businessman said on Thursday ha was launching tha lirat full takeover bid for a Soviet company. Joep van den Nieuwenhuyzen, who has made a fortune by buying up struggling engineering firms and making them profitable, aaid he hadReuter - 148 words
-
Article, Illustration455 1990-02-17 11 AP GENERAL Motors Corp'* earnings fell by SO per cent and Ford Motor Co's profit tumbled by 72.9 per cent in the fourth quarter, America's biggeet carmakers reported on Thursday in results that reflect their industry's recession. QM. the nation's biggestAP - 455 words
-
133 1990-02-17 11 AFP A JAPANESE Insurer tops s list of creditors of bankrupt Drsxel Burnhsm Lambert which includes the Bank of Chins snd other Asian banks snd insurers. Twenty-five of Drexei's creditors srs foreign snd seven are American, according to documents the firm's parent Orexei BurnhsmAFP - 133 words
-
Article296 1990-02-17 11 Reuter OIL MULTINATIONAL British Petroleum announced record 1069 profits on Thursday thanks to higher oil prices and a stronger dollar. BP said hiatorical coat net profits which value oil stocks on the basis of what they coet to acquire roae to £1.74 billion (U552.94Reuter - 296 words
-
Article178 1990-02-17 11 Reuter INVESTORS eagerly bought up shares of Reader's Digeet Association Inc on Thursday aa they were offered to the public for the first time in the company's 66year history. The publishing company waa listed aa the most active issus on the New York Stock Exchange.Reuter - 178 words
-
Article, Illustration597 1990-02-17 11 Reuter PERRIER, the pear-shaped green bottle which did for water whet the filofax did for dieriee, is in trouble. It haa become a favourite among health-conscious yuppies (young upwardly mobile professionals) seeking a touch of French chic by drawling "Mine's a Perrier"Reuter - 597 words
-
Article1335 1990-02-17 11 Reuter FRAMKFURT:Renewed foreign demand for Weat German shares pushed prices higher acroea the board yeeterday aa optimism about West German business prospects continued. Worriee about rising interest ratea were puahed to the background aa plans for monetary union between the two Germanys appeared leaa likely to beReuter - 1,335 words
-
-
-
Page 5 Advertisements
-
Advertisement407 1990-02-17 5 LUM CHANG HOLDINGS LIMITED (Incorporated in the Republic of Singapore) ANNOUNCEMENT The Directors of Lum Chang Hokflngs Limited ('Lum Chang') are pleased to announce that on 15 February 1990, Lum Chang has agreed to acquire from several parties an aggregate of 4,772,306 shares of $1.00 each ('Acquired Shares') in the407 words
-
-
Page 7 Miscellaneous
-
Page 8 Advertisements
-
Advertisement7 1990-02-17 8 cuijfflo Pleasures ***** Hotel EquMoraJ Tet 7320*317 words
-
-
Page 9 Advertisements
-
Advertisement18 1990-02-17 9 A Sichuan Culinary Heritage Y 1 at Golden Phoenix 1 UoMen Phoenix I Hotel Equatorial. Ttfc *****31 jj18 words
-
-
Page 10 Advertisements
-
Advertisement353 1990-02-17 10 NOTICE NOTICE IS HEREBY GIVEN that, I Yan Wai Chow of Blk 112 Depot Rd #01-993 Singapore (0410), have applied for a Beer House Ist Class licence in respect of premises at M/s Campbell Food Centre at Blk 112 Depot Rd #01-993 Singapore (0410), and that this application will be353 words
-
Advertisement242 1990-02-17 10 NOTICE NOTICE IS HEREBY GIVEN that, I TAN KUEH CHOON of Blk 238 #12-209, Bt. Batok East Ave 5, Singapore (2365), have applied for a Beer House, First Class licence in respect of premises at M/s Shelter Restaurant at Blk 257 Bangkit Road #01-06 Singapore (2367) and that this application242 words
-
-
Page 11 Advertisements
-
Advertisement7 1990-02-17 11 YOUR BUSINESS Each Monday... MANAGEMENT pages in7 words
-
Advertisement175 1990-02-17 11 NOTICES OFFICIAL NOTICE PROPOSAL TO CHANGE OF SHIP'S NAME WE, NAVI MARINE SERVICES PTE LTD of 1 MARITIME SQUARE #09-37 WORLD TRADE CENTRE, SINGAPORE 0409 hereby give notice that in consequence of CHANGE OF SHIP'S NAME. We have applied to the Registrar of Singapore Ships, under Section 386 of the175 words
-
Advertisement324 1990-02-17 11 In the Matter of The Companies Act Cap. SO And In the Matter of TOM YONO HONG CO ENTERPRISE PTE LTD (In Voluntary Liquidation) Mamlura 1 Voluntary Wlndbtf Up At an Extraordinary General Meeting of the members of the atoovervamod' Company duly convened and held" at 220 Orchard Road *05-01324 words
-
-
498 1990-02-17 12 DAVID CHEW - MAHATHIR OUTLINES WAY TO ASSUAGE INVESTMENT FEARS By DAVID CHEW MALAYSIAN Prime Minister Oatuk Seri Dr Mahathir Mohamad has suggested that the European Community initiate a three-way link-up of businessmen and business opportunities among the EC. Eastern Europe and Asean as a possible498 words
-
Article1344 1990-02-17 12 AT CONVENTIONAL WHARVES VmmI Voy No MHAnM Piflrtw K#po#l WhWM Cam —»i I 210 US ohw«Mt* 17 02/ 0MB Ko<o Meeg" 10/10 Ol ato«g«ida 1402,' 1700 Mlow 90 02 KIS alo«»id« 1702/0N0 Saudi Byodh K04t CIO ohw«Hd* 17 02- 1300 So«gtao«g 24.10 Kit along** 1702/ 07® So.H»«r-1,344 words
-
366 1990-02-17 12 DAVID CHEW - -•r DAVID CHEW INDONESIAN Foreign Minister All Alatas said yesterday that the Khmer Rouge would definitely take part in the informal meeting on Cambodia to be held in Jakarta at the end of February. Mr Alatas received a reply from Khmer Rouge leader366 words
-
Article, Illustration330 1990-02-17 12 SHOEB KAGDA - By SHOEB KAGDA SINGAPORE is ready to make a serious commitment both to improve its economic cooperation with the Soviet Union and to support peroBtroika. Prime Minister Lee Kuan Yew said yesterday. He was speaking at a dinner at the Istana in honour330 words
-
357 1990-02-17 12 AP JAPANESE Foreign Minister Tare Nakayama said yesterday that he was concerned about adverse views developing in the US concerning Japan and he would make new efforts to improve understanding. Though the two countries share democratic values and have a growingAP - 357 words
-
500 1990-02-17 12 KENNETH JAMES - B* KENNETH JAMES JUST HOURS after the worldwide launch by its parent in New York, IBM Singapore yesterday unveiled a powerful new range of computer workstations with a promise of local support that will include applicationa developed with local business partners. IBM Singapore's managing500 words
-
435 1990-02-17 12 YONG POW ANG - By YONG POW ANG INDUSTRIAL RELATIONS end union orgsnising work hsvs been given s boost by the Netionsl Trsdss Union Congrsss. A recent reshuffle ssw two councils Industrial Relations snd Orgsnising set up to strengthen the lebour movement. The reshuffls, which435 words
-
175 1990-02-17 12 Bernama BANK Bumiputra Malaysia Bhd (BBMB) executive chairman Tan Sri Baair Ismail is retiring from his post and will be succeeded by sccountant Datuk Hanafiah Huasain, Malaysian Finance Minister Datuk Paduka Daim Zainuddin announced in Kuala Lumpur yeeterday. Datuk Paduka Daim aaidBernama - 175 words
-
LATE FILE
-
Article65 1990-02-17 12 Reuter HONGKONG is introducing direct elections to the colony's Legislative Council next yesr, the stsrt of e procsss of democrettsetion thet will continue pest 1907. A government ststsment ssid thet 16 members of the Leglsletive Council would be slsctsd by universal frsnchise in 1601. neerlyReuter - 65 words
-
Article41 1990-02-17 12 AFP NINETEEN internstionsl banks sre to lend HK$6 billion to the Chine internstionsl Trust snd Investment Corp to buy 20 per cent of HK Telecommunicetions, Bsrcisys Bank pic and Wardiey Ltd. the ioen's co-arrangers, said ysstsrdey. AFPAFP - 41 words
-
Article49 1990-02-17 12 Bernama PENANG's chief minieter Or Lim Chong Eu said yeeterday his successor need not esssrily be a Chineee as this is not the moet crucial lector compsrod to ths leedership qualities thst ths' person must hsvs in bringing further development to the stats.Bernama - 49 words
-
Article50 1990-02-17 12 Bernama A WOMAN wes killed end 13 other people were injured in l|aA |u|blAK Wj nri wnvcn wn lOiicww Dy sn sxplosion et the Public Q askL KVAAAK fckj |l|j4lakA tgk oBDr DfKJ DfmfiCn DUIIOIrig VVi Miri yesterday. The women wss pessing by ois bank.Bernama - 50 words
-
Article33 1990-02-17 12 Reuter EUROPEAN Community governments have decided to hold a special summit in Dublin in eerty Apr}l to diecuss the implications of German unity, diplomats said in Brussels yesterday.Reuter - 33 words
-
Article36 1990-02-17 12 Reuter SWEDEN'S political crisis worsened yosterdsy when Flnsncs Ministsr Kjsll-Olof FekM, who tried to trim s levisn wtviirc itftiv wttn ttm msrkst policies, reeigned em id efforts to form s new government RouterReuter - 36 words
-
-
Article57 1990-02-17 12 Reuter COMEX 90 td futureepulled back from early highs yMttrday. But tha metal still held moderate gains. April gold was up US$l.4O at U*****.60 an ounca aftar ratraating from U*****.60. Slfvar futuraa recovered to unchangad lavala. March silvar hald at Thuraday night'a cloaa of U556.33 anReuter - 57 words
-
Page 12 Advertisements
-
Advertisement101 1990-02-17 12 'SfkMITH data systems Portable Personal Computer Sole Distributor: PAN SYSTEMS (S) PTE LTD r 180, Paya Lebar Road, Yi Guang Building #05-05/06, Singapore 1440 Tel: *****21 Authorised Dealers: Computer Ptue Enterprise Pie Ltd Tel: *****03/7 Suoersoon model 2 Datapro Computer Engineering Pte Ltd Tel: *****42/*****88 Supersport model 20 Datatrend Computer101 words
-
Advertisement45 1990-02-17 12 SAVE TIME an^MONEY DOING BUSINESS IN MALAYSIA handbook j FOR KXPORTER Goh Tianwah International SHl*"* and \larketin* Technique Shipping Kxport Finance linyriincr I \port IfcmMiwirtatMa jnd PriKcdurt-N That teMtrtai pabticabam Mvt ymmr mmmty ami make jw wmk easier. RANK BOOKS, SINGAPORE AnrihUt a kaMm kattakni45 words
-
-
Executive Lifestyle
-
Article, Illustration712 1990-02-17 13 SAMUEL EE - Sex. Gone are the days when sex meant a roll in the hay and nary a word to say. A current spate of movies has turned it into a topic of intellectual debate that's confusing would-be psychoanalyst SAMUEL EE so much so that he takes toGraphics by Ben Cruz - 712 words
-
Article, Illustration754 1990-02-17 13 DEXTER LEE - I\aA/*6' With DEXTER LEE SOME OF US go to Switzerland for a skiing holiday, some go to California for a sun-filled bikini beach holiday and then there are some of us, like me, who go to ;Dubai for a chess holiday. Yes, Oubai, the754 words
-
Article, Illustration172 1990-02-17 13 NO. Thit it not t m itprint. Tht Ch I n••• chiracttr for 'horto' did tppaar upa I d down in tw Jan 21 itaua of tho London Sunday Timet magazine to accompany a short story on tha New Yaar predictions of soma British axpart In172 words
-
Commentary
-
284 1990-02-17 14 T M ONG - letters te the Editor T M ONG Deer Sir, I WISH TO highlight the fact that a considerable number of Singapore motorists are westing their money on the wrong grede of petrol. It is e common sight to see Japanese makes topping284 words
-
Article78 1990-02-17 14 ROGER YEO - ROGER YEO Head (PuMte RMaliona A AMMaHlafaMt ClfieAAA A v AOnlinietriuOO Rhflalnn UlTllfOfl Dear Sir, We thank you for the coverage in Business Times (Feb 2) regarding the appointment of marketing agent for UOB Plaza. However, we are concerned that the headline. "UOB starts selling78 words
-
101 1990-02-17 14 YEO YONG SIANG - YEO YONG SIANG Fwemrtlve vice-president Property and Projects HIMIAIaa i/iYiwon United Overeeee Bank Untiled Dear Sir, We refer to your article headlined, "UOB Plaza may cost $00m more", published on Feb 12. We would like to clarify that our Group has always included the development101 words
-
965 1990-02-17 14 KENNETH JAMES - KENNETH JAMES The writer is Businees Timet' Economics Correspondent GREAT universities, the Cambridges end the Yeles, boast e mature educetional tradition tempered and tested over time. By contrast Singapore's higher-education system is decidedly youthful; in itself no bad thing when youth is965 words
-
Article, Illustration914 1990-02-17 14 MALINI TAMBYAH - MALINI TAMBYAH 77m writer is with Business Times' Foreign Desk NELSON MANDELA has been a symbol these past 27 years of the black people's struggle in South Africa. But the symbol is now an old man, frailer than before.914 words
-
Article, Illustration1273 1990-02-17 14 NEVILLE STACK - NEVILLE STACK The writer was editor ot the Leicm i ter Mercury, a big British deity pa* per. Until recently he wee on editch rial consultant to The Straits Times. He is now e writer, consultant and political commentator in England.1,273 words
-
-
Executive Lifestyle:Entertainment & Pursuits
-
Article, Illustration660 1990-02-17 15 CHUANG PECK MING - BOOKS *y i» CHUANG PECK MING The Beteroae Connection. Ay BaMU^ DJ wWII SVIVvWi Penguin. 102 pigw. $12. SAUL BELLOW has done it •gain: another novella in original just a year after he broke with convention and pro* duced Theft in the cheaper form. The early660 words
-
Article, Illustration825 1990-02-17 15 A SURENDREN - ENTREPRENEURS By A SURENDREN IF SHE had wanted to. Miss Tomoko Uenaka could have just < taken over her father's realty business and led a pretty easy i life. She bought herself a hotel instead. That was 25 years ago. Recently, she decided to buy a825 words
-
Article, Illustration1150 1990-02-17 15 ERIC CLAPTON: Journeyman (Werner Bros) Playing it aafa has bacoma Eric Clapton's moat dietinguiahad trademark thaaa paat law years While Journeyman exceeds the expectationa ot the calloue August or Behind The Sun. thia work still flnda the former white biuea boy traveraing the aame paths but1,150 words
-
-
Executive Lifestyle:Entertainments,the Arts & Pursuits
-
Article, Illustration415 1990-02-17 18 SAMUEL EE - THEATRE By SAMUEL EE DOES DINNER really go with theatre? Does watching farce on a full stomach give you heavy lids? Or heartburn? Whatever it might do, Plaza Suite at the Hilton Grand Ballroom sure doesn't let you get home to bed early. Okay,415 words
-
Article, Illustration552 1990-02-17 18 A SURENDREN - MUSICALS By A SURENDREN KNOWING THAT stories of women who propel their husbands to positions of power will sell, it will only be matter of time before someone comes up with a musical called Irrwtda. Amazingly, both the former first lady of the Philippines, imelda Marcos,552 words
-
SHORT TAKES
-
Article106 1990-02-17 18 MUSIC made the Filipino way is what the country's leading composer end music educationist Dr Lucrecia Kasilag, will talk about when she delivers this year's Ruth Wong Memorial Lecture at NUS on Feb 23. Currently the director of the Arts and Humanities Centre of the Philippine106 words
-
Article145 1990-02-17 18 CHINESE NEW YEAR may be over, but the love letters are still fresh, the bakers being the people behind Action Theatre, who're performing A R Gurney's Broadway hit of the same name on March 1. Love Letters is about two people who can't live with or145 words
-
95 1990-02-17 18 WHILE THEY may have had their fair share of disagreements before, the EC countries are at least united in their bid to bring European culture to Singapore shores for the letter's 25th anniversary celebrations. Young Greek pianist Dimitris Sgouros kicked off the whole sffair95 words
-
Article94 1990-02-17 18 HIS PURPOSE is to "seek, find and reveal... I seek to convey, through visual thinking, that which is ambiguous. controversial, and/or contradictory, in the human condition, in the existence of man and nature." No, he's not selling flowers for a Hare Khrishna cult movement. The name is94 words
-
110 1990-02-17 18 UNTIL NOW, about the only thing artistic about Apple Computers is their emblem. Now it's switched to a different kind of art art sponsorship. It's decided to lend its name and some money to two art exhibitions featuring six artists Jessie Lim;110 words
-
-
Article, Illustration737 1990-02-17 18 A SURENDREN - AWARDS •r A SURENDREN THE 1969 Cultural Medallion winners were announced yesterday. Playwright Kuo Pao Kun, photographer Foo Tee Jun, artist Goh Beng Kwan and dancer Neila Sathyalingam will receive the distinguished awards sometime in May. Playwright Kuo Pao Kun would be well known to737 words
-
-
Executive Lifestyle: Pursuits
-
Article, Illustration812 1990-02-17 16 N K YONG - By N K YONG THE HUNTER VALLEY In New South Wales and Coonawarra and Barossa Valley in South Auatralia are arguably the moat widely known wine regions whenever Auatralian wine ia mentioned, but mention Victoria, and moet people are likely to give a blank812 words
-
327 1990-02-17 17 HEALTH AFP WOMEN who take contraceptive pills, especially those who smoke at the same time, are more likely to develop coronary heart disease than those who abstain from both, a US cardiologist said in Manila on Wednesday. "Women who take contraceptive pills haveAFP - 327 words
-
Article, Illustration613 1990-02-17 17 SYBIL HOLLOWAY - BRIDGE By SYBIL HOLLOWAY THE NEC CORPORATION of Japan, a world leader in computers, communications and electronic devices, last year signed a contract with the World Bridge Federation to sponsor its championship tournaments for the four years from 1989-1992. This was613 words
-
840 1990-02-17 17 RICHARD SEAH - By RICHARD SEAH Thm writer la editor of The Good Life, a health magazine. The view expreeaed in this column are pereonal. A READER called the other day and told me about a rather embarraeaing problem. He had a severe rash where social norms840 words
-
Article, Illustration1035 1990-02-17 17 ROSHAH AMIR - vsOfnpttwG oy ROSHAH AMIR STAGE PERFORMANCES: Thanka tor th• Memory A collection of popular and show tunes with choreography by the Singapore American School Singers. At the DBS Auditorium on Feb 18 from 12.45pm to 1.30pm. Organised by the DBS Bank. Free. 2 'Pa' In a Pod. A modern1,035 words
-
Article, Illustration1326 1990-02-17 19 SAKINA KAGDA - What with all the talk about this being the year to visit Malaysia, SAKINA KAGDA finds out how serious the people at KL's Central Market are about attracting visitors. SAKINA KAGDA FISH SMELLS, slippery floors and rotting vegetables have giv en way to stalls with signs1,326 words
-
-
Executive Lifestyle: Sports
-
Article, Illustration329 1990-02-17 20 GOLF AFP RICK FEHR and Bob Eastwood matched seven-under-par 86a in La Jolla, California, on Thursday and shared a one-stroke lead after the firat round of the US$9OO,OOO San Diego Open. Both players took advantage of the shorter and easier 6,669ysrd North course at the TorreyAFP - 329 words
-
Article, Illustration413 1990-02-17 20 AP •>« DEFENDING CHAMPION Greg Norman shot a 6-under-par 67 yesterday to tie Briton Nick FalZ do for the lead after 36 holes of the Australian Masters golf T championship in Melbourne. Norman, seeking his sixth vic- tory in the 12-year historyAP - 413 words
-
268 1990-02-17 20 AP IRISHMAN Eamon Darcy took the lead after Thursday's first round of the U*****,000 Atlantic Open in Portugal. Tha Povoa da Varzim event is the start of the U5525.6 million European Golf Tour. The 37-year-old Darcy. who livee in Berkshire,AP - 268 words
-
Article, Illustration530 1990-02-17 20 Jerome Fandor - on TMCK With Jerome Fandor RACING RETURNS to Singapore for the Lion City Cup meeting, which will be telecast "live" to Hongkong next Sunday. In return, the MRA Clubs will receive the signal of the Hongkong Derby on the same day. The feature530 words
-
Article, Illustration360 1990-02-17 20 TENNIS AFP TOP-SEEDED Ivan Lendl and third seeded John McEnroa remained on track for a showdown in Toronto with both winning in straight sets on Thursday to reach the quarter-finals of the US$l.2 million Skydome World Tennis tournament. Lendl, who has reinforced his statusAFP - 360 words
-
300 1990-02-17 20 BASKETBALL AP DERRICK McKEY had 31 points and 14 rebounds as tha Seattle SuparSonics handad Naw Jarsay its 12tti consecutive loaa. 103-02, on Thursday night. Tha win was Seattle's fourth in a row on the road after a 2-17 start sway from home. The Nets,AP - 300 words
-
Article204 1990-02-17 20 CRICKET Reuter ENGLAND'S rebel cricketers on a South African tour still face the threat of demonstrations despite a pact halting such protests with one of the main anti-tour groups. Yusuf Ebrahaim, president of the South African Council on Sport (SACOS), issued a statement on ThursdayReuter - 204 words
-
151 1990-02-17 20 AP TOP-SEEDED Boris Becker won a tie-break in the deciding set to edge France's Guy Forget and escape with a 3-6, 6-3, 7-6 (7-4) victory on Thursday in the Belgian Indoor Championship. In the tie-break, Backer charged the net and overwhelmed Forget with smaaheaAP - 151 words
-
278 1990-02-17 20 MOTOR-RACING AFP THE MIDNIGHT Thursday deadline for Ayrton Senna's apology to motor sport's governing body for accuaing it of "manipulating" last year's championehip passed without reaction from the Brazilian driver. If Senna. Brazil's former world champion, has not met FISAAFP - 278 words
-
Article, Illustration237 1990-02-17 20 BOXING AP A FAMILY FIGHT grabbed more attention than anything in the ring during a news conference on Thursday to announce that Thomas Hearns will box Michael Olajide in s super middleweight bout on April 28. The fight will be held at entrepreneur Donald Trump's newAP - 237 words
-
-
Executive Jobs
-
846 1990-02-17 21 ANNA TEO - By ANNA TEO THERE'S no clear trend which way Singapore corporate titiee are going, My management consultants. But functional utility seems to rule the name of the game. Executivea in the smaller lo-cally-owned companies generally go by the traditional846 words
-
Article, Illustration340 1990-02-17 21 D ANDREW QUMLAM, 48. hss bssn appointed general manager of Shangri-La Singapore. Prior to hie new appointment. Mr Quinlan waa general manager of Shangri-La Kuala Lumpur. He hsa also managed reeorta in Malta. Bermuda, Ivory Coaat and Africa. Britiehborn Mr Quinlan hsa alao worked with Intercontinental hotela340 words
-
447 1990-02-17 21 SHOEB KAGDA - SHOEB KAGDA EXECUTIVE of the Yeer. The title has a nice ring to it. eepecially when you know it is your peers who think you deserve the award. "A lot hinges on what the nominators have to say about the individual."447 words
-
Article, Illustration860 1990-02-17 21 What's in a job title? Do they spell out the job functions, or, as carrots in lieu of a raise, have they become diluted, hardly credible, and a joke among headhunters? This article looks at the title pollution on Wall Street. NYT WHEN Bruce WassersteinNYT - 860 words
-
-
Executive Lifestyle: Investment and Finance
-
1435 1990-02-17 22 DEXTER LEE - PERSONAL FINANCE Four-fifths of the fully-licensed banks and finance companies in Singapore have raised their deposit rates since BTs last industry-wide survey in December 1989. Interestingly, two finance companies bucked the trend by reducing their rates instead. ALVIN TAY and DEXTER LEE1,435 words
-
Article, Illustration692 1990-02-17 22 NYT AFTER YEARS of debate. Europe's stock exchanges have begun working on projects to link their markets. If successful, a cross-border price information and trading system for the largest European stock® could be in place by next year.NYT - 692 words
-
Don't quote me...
-
Article, Illustration42 1990-02-17 23 "JUST WHEN YOU THINK things can't possibly get worse in this market, they do." William Reid, managing director in the high-yield bond division of First Boston, on the troubles of Drexel Burnham Lambert of the US.42 words
-
Article82 1990-02-17 23 PERRIER's marketing strategist, trying to arrest the damage caused by the recall of its product around the world following the discovery of bottles tainted with small amounts of benzene, said: "Brands are badges. By that I mean when you sit at a restaurant table and order82 words
-
Article185 1990-02-17 23 WE WILL PROBABLY never know whether they discuss strategies or even know each other, but Mr Ong Beng Seng and Mr Rodney Alder of FAI Insurance certainly have one thing in common both think it is time to go bargain-hunting in Australia. Other common points: both have185 words
-
Article125 1990-02-17 23 IN CASE any bargain hunter in Singapore is interested, properties in Australia are going on the block by the dozen. Recently. Kern Corporation, a major property company, said it would be selling a As4oo-million stake in prime property which it holds for investment. This is to enable125 words
-
-
380 1990-02-17 23 AP HOUSEWIVES and truant college students are rushing to brokers around Bangkok, hoping that one of the world's fastest-growing stock markets will continue its winning streak in 1990. "Most of the people who come to our trading floor are women. Many are housewivesAP - 380 words
-
439 1990-02-17 23 ABDUL HADHI - By ABDUL HADHI MAINTAINING good investor relations has become vital for listed companies es more inveetors enter the market and the global marketplace grows. "The meet important objective is to create an awareness and an accurate perception of the company's qualities, track record439 words
-
Article577 1990-02-17 23 Conversion terms Premium/ A*«um Pricss (as at 16.2.90) j Exptry C mP ny (m units) Wrts Shsra j Ln stk Ln stK I Cash Cash' Ln stk' Gearin 9" I nom Date mths value left C K Tang 16.9 2.620 4.960 1.00 225 -2 1.89 31.5.90577 words
-
Article, Illustration842 1990-02-17 23 ANDREA BORCH - INTERVIEW: technical analyst Martin Pring By ANDREA BORCH GOLD Is the.most Interesting market at the moment, says technical analyst Martin Pring. World equity markets in genersi appear vulnerable, and the Singapore and Malaysian markets842 words
-
379 1990-02-17 23 Reuter INDONESIA'S faat-expanding pension fund industry, with billion of dollar# st its disposal, is fighting shy of Jsksrts's volstila stock market By using tax breaks, the government has made it more ettrsctive for firms to direct money into pension funds. But theseReuter - 379 words
-
Article, Illustration407 1990-02-17 23 Fraser Roach; Co - I?#®? Fraser Roach Co THE MINOR correction earlier this wMk was another manifestation of investors cautious behaviour whanavar tha markat reaches an overbought situation. Moreover, the previoua week aaw record trading voiumea, which created some indigeebon in the market and the correction came aa a407 words
-
Article, Illustration325 1990-02-17 23 C Dow - I trewm 9 By C Dow Mr Dow is an investment manager with a major local publicly listed company. THE STRONG sconomic position of West Gsrmany and rising intsrsst rstss hsvs propsiisd ths Dsutschsmsrk sharply higher sgsinst sli major currsndss ovsr ths Isst yssr.325 words
-
-
-
Page 13 Advertisements
-
Advertisement27 1990-02-17 13 nsinn emir' II CHESS CHfIMPIOrtSHIP The playing Dubai security meeeuree were elrlcL W Hmmmm, should lor shouldn't I? a Singaporean IMk player concentrating on his next move27 words
-
Advertisement129 1990-02-17 13 NEED A A CAR LOAN? CiHUSA from wty pint, My diy, anytime st 222 5544 or 222 8844 untie i cnue rmr tramr i IfMMKE UMfTED raMNOuSIIRTB)| Jtmmfmy. I "WE DID IT, FIRST TIME ROUND. AFTER ALL THOSE YEARS WE SPENT TOGETHER AT SCHOOL, I KNEW WE'D MAKE AN UNBEATABLE129 words
-
-
Page 14 Advertisements
-
Advertisement134 1990-02-17 14 hom readers. Your y' iJL S letters must include your signature, full yy < name, address, and home r Al snd office tslephon* numbers, it any. You moy add s pseudonym, M you wish. V Address your letters to: The Editor. V. V, Business Times, V V 390, Kim Seng134 words
-
-
Page 16 Advertisements
-
Advertisement798 1990-02-17 16 Where to entertain... Where to entertain... Where tv entertain... Where ft? Breathtaking CT^ a Add a little spice to your life! Come savour the flavour of Sri Lanka at our buffet dinner specially prepared by Sri Lankan food LcrclS expert Felicia Sorensen. February 5-18 at the Tea Room. Adults: $22++.798 words
-
Advertisement140 1990-02-17 16 F— ©j I Greece ij k is the word! L Mate I KM* Yatoatd |j Wtmvtmwortd* V c 9 333 OkM toad. Sinpporc N23 T# TT7 4411 rsSsi/Sl i ;l Enjoy the great taste of home-cooked J I porridge a delightful range of over m 20 dishes, from Braised Don140 words
-
-
Page 17 Advertisements
-
Advertisement160 1990-02-17 17 entertain.... Brunch Is A Family Affair Every Sunday. Every Sunday, Hubertus Grill becomes the venue for a great Sunday Family outing. A scrumptious buffet spread is laid out for both grown-ups and children. And while you linger over a meal, we'll feature cartoon movies and keep your children entertained in160 words
-
Advertisement264 1990-02-17 17 The art of doing business. Rjurchettes Business Lunch. At Fourchettes Grillroom, one of Singapore's finest butane* lunches awsua The freshest oysters, Gooae Riliettes and other appemen Main couoa from the Grill, or Rout US Prime Rib from the Canery. Accompanied by the moat exquisite Deserts, list and Cofiees. At just264 words
-
-
Page 18 Miscellaneous
-
Miscellaneous678 1990-02-17 18 tgiacD^gKatDsai) 9 He' takes all thP spirit i3~~^|—^^ Comes from some ~jd I take the name "En- JBLjBLJBZJBL 15 Doss I keep warm subdue —^^^1 17 What the experienced know is the eggs are 1 1 1 1 1 1 J_ 18 Makes one's own cig- BB 25 Having the678 words
-
-
Page 21 Advertisements
-
Advertisement110 1990-02-17 21 DHL IN THE NEWS Advertisement |N| aAl* a As the leading air express IVlwwliriU ine distribution company, DHL sets the II m pace in providing customised solutions cna enaes OT t0 the distribution requirements of customers. DHL delivers documents a "1 QQAq and packages of all shapes, sizes and Iwwww110 words
-
Advertisement421 1990-02-17 21 ™T^MASE^~\ I POLYTECHNIC I SENIOR MANAGEMENT POSITIONS I Gross salary range: $4924 $7497 I I Temasek Polytechnic invites suitable applicants for the following posts: H I This is a senior management poeition reporting to.the CEO. The successful H I candidate will be responsible for overseeing the smooth admimaration of the421 words
-
Advertisement246 1990-02-17 21 GROUP GENERAL MANAGER Our diem, a fast growing optical group of companies is seeking a resourceful snd dynamic group general manager with strong msrionng background in oversees market company's businessksD sress, esuftSshing distributorship snd implementing marketing strategies to meet growth snd profit tsrget Experience in optical industzy is not necessary.246 words
-
-
Page 21 Miscellaneous
-
Miscellaneous14 1990-02-17 21 (jONCS—"Tfcu. Mtft SToRy »'ro Fee UP PiND EKCROCipfTifJGLY 60R&D y .MMMMMDCC its UtttW 014 words
-
-
Page 22 Advertisements
-
Advertisement182 1990-02-17 22 INVESTING IN SHARES? CALL I I j| I JF V ,W, VS. I' S x > I I- -k .<# s c" I jB I? s^ > St %r .^2 ASK FOR CREDIT PLUS T| j hen opportunity knocks you'll want to be It's so easy and convenient to apply182 words
-
-
Page 24 Miscellaneous
-
Miscellaneous670 1990-02-17 24 Sayaag SI B«ta, Today. 3.15pm. SBC 5 Bring out your Kleenex because this Mslsy movie is sup posed to be s tear-jerker. A handsome eye surgeon restores the sight of Ani, the sister of the girl he lovee. Upon receiving her vision, Ani immediately becomes sttrscted to him. An is670 words
-
Miscellaneous2883 1990-02-17 24 SATURDAY MTV g T: Tamil; M: Malay; r ammoo ara whlad to c SBC 12 7.90 PM Opening and Programme Highlights followed by Frontiere of the Brain The Sexual Brain. A look at some startling effects of hormone injections on brain structure, and raises questions about the sexual and reproductive2,883 words
-