The Business Times, 8 July 1989
1989-07-08
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The Business Times
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Title Section12 1989-07-08 1 BUSINESS TIMES MCI (P) 45/12/88 Weekend Edition, July 8-9 1989 75 CENTS12 words
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Article, Illustration445 1989-07-08 1 SANGEETA MULCHAND - TRANSACTION MAKES LOCAL BUSINESSMAN 'BISCUIT KING' OF INDIA AND PAKISTAN By SANGEETA MULCHAND A US$44 MILLION management buyout deal with food giant RJR Nabisco has made a local businessman the "biscuit king" of India and Pakistan. The deal, concluded yesterday, involved Nabisco selling its London-based Associated445 words
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419 1989-07-08 1 LOCAL advertising agency Batey Ada, famous for its Singapore Girl campaign, has rsised industry eyebrows by selling a 20 per cent stake to French ad agency, BDDP. The transaction, which industry sources say may be worth about $5 million, is to help419 words
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272 1989-07-08 1 AP UNITED STATES and Japanese leaders are urged in a new report to stress to their people that both sides have more to gain through cooperation than ruthless rivalry. "But unless the United States can come to terms with its fearAP - 272 words
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Article, Illustration350 1989-07-08 1 TAN KEE WEE - By TAN KEE WEE A FLOOD of applications for new membership was received by the Singapore Island Country Club (SICC) recently when it opened its membership to another 50 Ordinary Golfing Members (Island Location) and 50 Ordinary Social Members. The number of applications350 words
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Article53 1989-07-08 1 AP THE NEW YORK stock market was mixed earty yesterday, registering no strong reaction to the latest government statistics on US employment. The Dow Jones average of 30 industrials dropped 2.28 in the first half hour but then turned higher to show a 3.79-point gain at 2,488.23 atAP - 53 words
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Article49 1989-07-08 1 AP LONDON sharea pricea were stronger on the London Stock Exchange earty yesterday. At 1111 GMT, the Financial Times-Stock Exchange 100-share index was 16.5 points firmer, up 0.75 per cent, at 2177.7. The index opened at its minimum of 2161.6 and continued its climb throughout the morning. APAP - 49 words
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188 1989-07-08 1 AP THE US unemployment rete edged up a notch to 5.3 per cent in June as businesses created a modest 180,000 new jobs, the government said yesterday in yet another sign that the economy is slowing. The civilian jobless rate was up fromAP - 188 words
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Article, Illustration234 1989-07-08 1 CONTINUED buying support by institutions saw tHngeporo share prices rise higher yeeterday to break records set on Thursday. The Straits Timee Industrials Index registered a new postCrash record, sdding 17.13 points to Thursday's close to end st 1,335.60. The Businees Timee Composite Index234 words
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Article146 1989-07-08 1 Mock ladtoes Mday ST MwMak Index 1335.69 (+17.13) IT CongMika Hfrn 1229.24 15.23) NST trflHd Max (+1879) HK Hang Sang Max 2375.94 6.41 Tokyo Nfckai Average *****.97 280l49) Sydney AM-OrdMrte* 15Z7.0( 7.7) Thurwioy Now York (Dow Jonas) 2462.44 5.83 London (FT 30 Max) 1797,5 (4X5 US* 139.80yan146 words
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Page 1 Advertisements
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Advertisement260 1989-07-08 1 Niko t llin H nti liin ulili I n# m>na rmfw moiogrepnic oyntm. Art smart Page One Scandals reveal East-West chasm Page Two Book sheds light on Tao way to longevity Page Five 'I'm a singer. I sing with my clarinet' Page Six Trml Houseboat Page Seven Markets likely to260 words
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Advertisement8 1989-07-08 1 US InNlathr* could MghNght •conomic faults, PAGE 48 words
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Advertisement272 1989-07-08 1 Niko Mega-merger INTERNATIONAL accounting firm* Deloitte, Haskins Sells and Touche Ross join forces worldwide to crsate one of the largest professional services firm with more than 66,000 employees in 101 countries. The new international firm will be the first of the accounting mergers to include the name of an associate272 words
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HOME NEWS
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455 1989-07-08 2 LILIAN ANG - Drop in cost of raw materials By LILIAN ANG MAKERS AND BUYERS of plastic packaging products are in a row over who should benefit from the lower prices of raw materials. End-users of products such as bags, bottles and containers are pressing manufacturers455 words
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Article, Illustration568 1989-07-08 2 BOEY KIT YIN - INTERVIEW WITH US AMBASSADOR-DESIGNATE TO SINGAPORE By BOEY KIT YIN FORGET Japan, Taiwan and South Korea but come and sell to South-east Asian markets first this will be the message US Ambassador-designate Robert D Orr will deliver to his fellow568 words
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Article, Illustration321 1989-07-08 2 A TAIWANESE manufacturer of electronic components, Hon Hai Precision Industry, is to upgrade its sales office in Singapore. First set up in 1986 to service Hon Hai's clients in the computer industry in Singapore, it is now to be expanded to service the321 words
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474 1989-07-08 2 SUZANNE SOH - By SUZANNE SOH A TENDER called by the Singapore Tourist Promotion Board to carry out a "tropical playground" study on the Southern Islands has attracted bids ranging from $197,400 to $920,000. The successful tenderer will be given 12 weeks to complete the study on474 words
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Article207 1989-07-08 2 NEC Singapore Pte Ltd has promoted seven of its staff to assistant division managers. They are Christopher Chen Yong Phln, Alvln Urn Joon Yong, Dick Sho|i Hlrayama, Tan Boon Chin, Billy Teo Ah Hoon, Daniel Cheng Joo Wan and Nicky Leu Meng Kon. NEC believes this move207 words
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279 1989-07-08 2 THROUGH Sembawang Projects Engineering (Sempec). the Sembawang Group is taking its first step towards becoming a major player in utilities management through an agreement with French company Cofreth. The decision to carry out projects with Cofreth (Singapore) marks Sempec's diversification into the business of providing279 words
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Article329 1989-07-08 2 JAYARAM MENON - By JAYARAM MENON MEETING PLANNERS, an associate company of Pico Arts, has been appointed by the Hongkong Trade Development Council (HKTDC) to provide trade enquiry and other services on its behalf. The two-year-old conference management company will also be promoting HKTDC activities in the region. Initially this329 words
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208 1989-07-08 2 THE Government Parliamentary Committee (GPC) for Defence and Foreign Affairs has recommended that the government give illegal workers still in Singapore a last chance to give themselves up. In a statement released yesterday, GPC chairman Mr Chandra Das said that his GPC was recommending208 words
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146 1989-07-08 2 IN CONJUNCTION with the opening of its latest outlet in Ang Mo Kio today, fast-food chain Burger King will present a $5,000 cheque to the Society of Singapore Writers. The sponsorship is to help the society's efforts to unearth new talent to146 words
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215 1989-07-08 2 THE ASIA-PACIFIC is the top region for business, and Singapore the top investment site in the region, in the view of chief executive officers (CEOs) who attended the Economic Development Board's Global Strategies Conference last October. A survey conducted by two lecturers of the215 words
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Article1424 1989-07-08 2 AT CONVENTIONAL WHARVES flambawnp Bow 905S SOB 0647/ ISX Fideconbus S8905 S03 otongside 0707/22X VMM) Voy Ho Bertf> Arrival Departure Somu Franca E42 XI 07 07/22X Am ***** 503 0607/ 1100 1007/ I0X Kappat Wharvas Ah Slrwg* Perrta joyo 07/89 SOS 06.07/0700 0607/ 23X I7W869 KI6 atongude1,424 words
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Page 2 Advertisements
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Advertisement10 1989-07-08 2 WORLDWIDE EXPRESS Prompt pick-up and delivery 24 hours a day10 words
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Page 3 Advertisements
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Advertisement394 1989-07-08 3 mOM I Y i A Finer Things In Life PAN PACIFIC Proposed Access Road D* VMage is where you can surround yourself with all the luxuries you so richly deserve. Strategically situated, the D 1 Wage condominiums are part of the exclusive Kenny HUI (Bukit Tunku) neighbourhood Accessible via Jalan394 words
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OVERSEAS
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524 1989-07-08 4 Reuter THE UNITED STATES could get more than it bargained for if it wins Japanese agreement in Paris next week to start talks on structural barriers to trade. Japanese officials said Prime Minister Sosuke Uno and President George Bush are expected toReuter - 524 words
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283 1989-07-08 4 AFP INDONESIA on Thursday awarded nine oil exploration and production contracts to 15 foreign contractors from the US, Canada, Bermuda, Great Britain, Belgium, France and Spain, the state oil company Pertamina said. They consisted of one new production sharing contract, four production sharingAFP - 283 words
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268 1989-07-08 4 FT AN ATTEMPT to simplify the world trading system by combining under a single ad valorem tariff the multiplicity of import charges levied by governments at their borders has run into the sand during the Uruguay Round of multilateral trade talks. TheFT - 268 words
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Article, Illustration348 1989-07-08 4 AFP MALAYSIAN Foreign Minister Abu Hassan Omar said yesterday he had been told by his US counterpart that the Bush administration did not support the American soybean lobby's antipalm oil campaign. Mr Abu Hassan said after talks in Bandar Seri Begawan with US SecretaryAFP - 348 words
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258 1989-07-08 4 Bernama MALAYSIAN Prime Minister Datuk Seri Or Mahathir Mohamad has expressed concern that history would be repeated it foreign workers had to be brought into the country and finally ended up being rich, arousing the envy of the locals. DatukBernama - 258 words
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465 1989-07-08 4 HARISH MEHTA - By HARISH MEHTA MANILA'S long-term plan is to "grow out of its debt burden", and not really wipe out its massive debt in a given timeframe and that is the reason why the government targets a growth rate of at least 6.5465 words
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517 1989-07-08 4 Reuter CHINA yesterday rang alarm bells over a gaping state budget deficit aggravated by recent political upheavals, saying it was fuelling inflation and threatening economic reforms. Finance Minister Wang Bingqian, in a gloomy report published by the People's Daily, said government spending in theReuter - 517 words
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202 1989-07-08 4 Reuter THE VICE-PRESIDENT of China s leading machinery importer has said he was worried about obtaining foreign exchange following a freeze in loans from the West. The China Daily quoted Liu Keming, vice-president of China National Machinery Import/Export Corp, as sayingReuter - 202 words
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Article1072 1989-07-08 4 ARRIVALS Operator >ri ,i ra number Local time From MAS MM75A 0035 KUL su soon 0040 LAX/NRT MAS MM60I 0130 KUL CAL 0333 0405 TPE SU SQ401 0555 CM* SiA SQ409 0610 MAA MAU MK746 0725 MfU SU SQ023 0755 AMS/IOM SVA SV39I 0835 JEO/IUH KAL KE6241,072 words
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280 1989-07-08 4 AFP AUSTRALIA'S national carrier Qantas said yesterday it had recruited more than 100 engineers in Hongkong, but denied reports that it was cashing in on the British colony's fears about turmoil in China. A Qantas spokesman confirmed that the airlineAFP - 280 words
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284 1989-07-08 4 Bernama STUDIES should be conducted on the immediate infrastructural requirements and needs of industries over the next five years, taking into account the influx of industrial investments in the country, the Federation of Malaysian Manufacturers (FMM) said on Thursday. In a memorandum toBernama - 284 words
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Page 4 Advertisements
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Advertisement30 1989-07-08 4 Thanfaf. Saturday aad Smday. Lcaviag Ckaafi Aimrt at 22M Imm and arririai W .!-<-«« I nauirov ony o> im imi^ CtMjtmr TrrrH Age* or Air CmmkM/JMU. A BREATH OF FRESH AIR30 words
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Page 4 Miscellaneous
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Miscellaneous80 1989-07-08 4 Doonesbury MOM, tM NOT PLANNING ON CHECKING OUT ANYVMB SOON, BUT MH£N I DO, 1 WANT TO Be CX£MATBP ANP SPRBAP OVER THE BAY, OKAY* Hi I PONT WANT TO BE 51UCK IN SOME LITTLE PLOT UJH&RB YOU CAN COMB 6^T depressed ever? week. imrr YOU TO IMAGINE THAT I'M80 words
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Miscellaneous72 1989-07-08 4 mMh Jss LVWy July 6th no«« Singapore OUTLOOK: Shower* over Nwril areas In th« lata morning and Report for 24 hour* prior to 7.30pm on July 7 at the Hra of suneMn* 7.20 Rainfall In mm. nil Rainfall Ms nrth 40.7 Rainy days Ms nrth 3 Montrool Motcow Now DoM72 words
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BANKING AND FINANCE
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296 1989-07-08 5 Bernama THE EQUIPMENT Leasing Association of Malaysia (Elam) has called for a special allowance of 15 per cent in addition to the initial allowance for capital equipment acquired for lease. In a memorandum submitted to the Finance Ministry during the pre-1990 budget dialogue yesterday,Bernama - 296 words
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107 1989-07-08 5 Reuter LLOYD'S of London insurance market chief executive Alan Lord said Lloyd's saw no reason to believe there will be a significant loss in its overall insurance capacity this year, despite the fact that resignations of members are continuing at a faster pace. He saidReuter - 107 words
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365 1989-07-08 5 FT THE US welcomed the sharp fall in the dollar in foreign exchange markets in the past 10 days but would like to avoid any large movement from around current broad levels, senior US government officials indicated on Wednesday. TheFT - 365 words
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Article, Illustration529 1989-07-08 5 HONG LEE TIAM - Package biggest in local capital market By HONG LEE TIAM IN WHAT will be the biggest loan package ever put together in the local capital market, the developer of Republic Plaza is wrapping up a $600 million deal with bankers to finance the529 words
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Article145 1989-07-08 5 FUEL OIL PRICES remained notionally steady in Singapore. The market situation was described as balanced, with buyers resisting at $88-89 mt fob Sing. Sellers continued to take the firmer Simex HSFO futures prices and pushed prices up to $92 mt fob Sing. Cif Japanese prices were145 words
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Article198 1989-07-08 5 Chinese Produce Exchange Sellers' noon dosing prices on My 7 (SS/100 kg) Coconut oil Wk FOB 104.00 OM drum FOB 114.00 Now drum FOB 118.00 Copra Mixed (loose) 60.00 sellers Pepper mi n 1. i. ilita m wTOT# FOB NIW 507,50 Sarawak white FOB foq NIW 497.50 Sarawak198 words
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Article131 1989-07-08 5 Reuter A SETBACK in CBT corn and soybeans generated by uncertainty over the weather weighed on wheat futures on Thursday, which closed lower across the board, with the exception of the nearby July contract, floor sources said. On its own merits, wheat can attract little buying interest right nowReuter - 131 words
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Article142 1989-07-08 5 Reuter CBT soybean futures closed lower on Thursday after some weather forecasters revised their shortterm outlook to include a greater chance of rain, wiping out the remnants of Wednesday's strong rally. A weak soyoil market also put the damper on the soybean rally, floor sources said, and helped bringReuter - 142 words
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Article257 1989-07-08 5 London Commodity Exchange Buyer/Seller closing prices on July 6 (£/tonne unless specified). Previous closing prices in parenthesis. Coffee Basis in-$tore London, s«4l«rs option CtF London Jul 855/800 (843/870) High/Low 880/856 865/866 (879/880) High/Low 900/865 Sal** (5569) Cocoa Jul 805/806 (809/811) High/Low 814/805 S.P 824/825 (831/832 High/Low 835/822 Sole257 words
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Article196 1989-07-08 5 INCREASED buying demand helped the Kuala Lumpur Tin Market (KLTM) gain a cent to M 528.50 a kg In quiet trading, brokers said. They said, the rise was II H, rl ■111. mmn Dy equally yooo ov~ ferlng and the rlngglt's rtsadlnsM against the dollar. Final turnover was196 words
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Article557 1989-07-08 5 MALAYSIAN CRUOE PALM OIL prices closed off the day s lows on pre-weekend covering and speculative buying interest, reflecting a similar trend in palm oil futures, dealers said. Weaker Chicago soyoil futures overnight and India's continued rejection of offers at its weekly palm oil tender dampened early sentiment.557 words
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Article243 1989-07-08 5 SINGAPORE: Rubber prices closed little changed yesterday, with August 1 RSS buyer quoted at 184.50 cents a kg. down 0.50 cent from Thursday's close. Dealers said prices hovered within a narrow band in featureless afternoon trade due to lack of interest. On the TSR-20 Award market, prices fluctuated narrowly243 words
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Article82 1989-07-08 5 AUGUST 1999 SEPTEMBER 1989 (currant month) (forwof xi month) RAS NOON NOON S#ltn lnyin Sl>«rt ssi 20 151.00 I55.00N 153.50 155 JON SSI 50 151.00 153.00N 151 JO 153 JON 1' dl: Selleri SCAofs SMI CV 237JO 239 JON 239JO 241 JON SMI L 239 JO 241.SON82 words
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Article298 1989-07-08 5 RAS prices *s< wnta/kg,F0 In bmtm NOON CLOSE Buyers SeHen luywi S>H«rt Int 1 ISS Prompt 186.00 187.00N 186.00 187.00N Int 1 RSS Aug 184.50 185 JO 184 JO 185 JON Int 1 RSS S*p 186JO 187 JO 186J0 187 JON Int 2 RSS Of 181.50 183J0N298 words
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Page 5 Advertisements
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MONEY AND EXCHANGES
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Article1570 1989-07-08 6 SINGAPORE: Buying and short-covering by trust funds, insurance firms and securities houses supported the dollar in a day of volatile trade yesterday. dealers said. The dollar rose to 139.55/65 yen and 1.8875/85 marks against New York's close of 138.80/90 and 1.8830/40. "The market lacks direction, but we expect1,570 words
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Article341 1989-07-08 6 HONGKONG: Gold closed easier in quiet trade yesterday with most local and overseas investors sidelined ahead of the release of US June employment figures. Dealers said bullion traded between U*****.50 and U*****.50 an ounce during the day. It closed at U*****.50/384 00 an ounce against New York's U*****.50/385.00.341 words
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Article161 1989-07-08 6 Gold futures on July 6, 1989 100 troy ounces; USS per troy ounce OpOM Mgh Low Sotto M 385 80 385.80 385.80 386.40 >0.40 Aug 387.50 390.30 386.90 388.60 <-0.20 S*P 390.90 0.30 Oct 391.50 394 30 ***** 393.80 0.30 OK 396.00 398.80 395.40 397.10 0.40 F«b161 words
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Article502 1989-07-08 6 BA Futures SEPTEMBER EURODOLLAR futures yesterday opened one tick lower than previous Simex close at 91.52. in quiet early trading. Trading was cautious ahead of yesterday night's release of the US June job data. The September contract ranged from 91.49 to 91.53 before settling lower at 91.50, down 3BA Futures - 502 words
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Article286 1989-07-08 6 ASIAN DOLLAR deposit rates closed at their opening levels in quiet trading yesterday, with most operators sidelined ahead of yesterday's release of US June employment data due at 1230 GMT, dealers said. Short-dates and term rates were mostly steady at the outset anX rates hardly moved thereafter.286 words
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Article321 1989-07-08 6 Reuter IMM CURRENCIES cut losses in light closing activity on Thursday as traders squared positions ahead of yesterday's June US jobs data. Late local short-covering and light outside buying pulled most nearby contracts to the day's highest levels after a session of listless, technically driven range trading. Traders speculatedReuter - 321 words
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Article, Illustration165 1989-07-08 6 Km print tMdtag'riSSi ol 12 major banks In S'por* Interbank market ratee (offer/bid) on July 7 usi DM SWFC Y«n 7 day* 9 5/14 1/1* u 1/4 ii s/a 7ft 1/4 7 l/a 7 S 1/1* l/l* 1 S/l* 1/1* 11 IS/I* ll/l* *11/1* ll/l* 7 1/4165 words
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Article62 1989-07-08 6 THE OVERNIGHT rate on the Singapore money market rose by 1/4 point yesterday to close at 51/4 per cent. One-month rate was 1/16 point higher while two- and three-months were unchanged. S$ Interbank rates at the dose yesterday: OfH MO Ow5 1/4 S l/» «/4 5 >/• 2-a*.62 words
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Article98 1989-07-08 6 Treasury bills Period Issue Yesterday's closing Day's code Maturity BIO ora UGH LOW 3 months BQ*****X 05.10.89 4.05 4.00 6 months BS*****H 23.11.89 4.05 4.00 1 y«or BY*****F 24.05.90 4.23 4.18 Government notes and bonds Period Issue Maturity Coupon Yesterday's dosing Day's code rate BID OFFER HK5H98 words
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Article1257 1989-07-08 6 INTEREST RATE OPTIONS Friday, July 7, 1989 EURODOLLAR (SIMEX) 1 i Ml NNpva San 8850 1 WOO 1 8925 227A 226 1 §950 JO 2 A 202 ■975 I77A 176 9000 IS3A ISI 1 9025 2 9050 I03A 102 a 9075 9100 6IA 60 10 9125 43 43 431,257 words
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COMPANIES & STOCK MARKETS
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Article, Illustration314 1989-07-08 7 WITH THE DISPOSAL of two loss-incurring subsidiaries, Sim Lim Investments Ltd (SLI) has cut down its after-tax loss by 78 per cent for the year ended March 31, 1989. During the period under review, SLI incurred a loss of $8.02 million on314 words
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Article, Illustration502 1989-07-08 7 MAGDALENE NG - By MAGDALENE NG WITH THE High Court ruling in its favour in a judgment heard against tenants of the Matterhorn Building at Phillip Street on Thursday, the Hong Leong Finance (HLF) group will be able to fetch a better price for502 words
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297 1989-07-08 7 Bernama ALL THE 167,000 depositors of Koperasi Serbaguna Malaysia (KSM) are assured of a ringgit-for-ringgit refund, once a deal on the takeover of Multi-Purpose Holdings Bhd (MPHB) by Kamunting Corporation Bhd is concluded, MCA president Datuk Seri Or Ling Liong SikBernama - 297 words
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270 1989-07-08 7 ISETAN (Singapore) Ltd is making a private placement of three million new 50-cent ordinary shares at $6.50 each, thus raising its issued and paid-up capital to $16.5 million. The price of the new shares is based on the average of270 words
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Article, Illustration167 1989-07-08 7 AMCOL HOLDINGS Ltd has confirmed that it will hold an extraordinary general meeting to seek shareholders' approval for its $131 million acquisition of the Octagon Building. In its reply to the Stock Exchange of Singapore yesterday, Amcol said it was now in the167 words
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548 1989-07-08 7 AL O LABITA Jr - By AL O LABITA Jr CEBU Shipyard and Engineering Works, Inc (CSEW), one of the two Philippine subsidiaries of the Singapore-based Keppel Corporation, plans to go public. CSEW has sent an application to the Manila's Securities and Exchange Commission (SEC) for a licence548 words
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Article, Illustration765 1989-07-08 7 KEVIN GWEE - INTEREST IN MAGNUM ALSO INCREASES TO 6.33 PER CENT By KEVIN GWEE THE INTER-PACIFIC Industrial Group Bhd has been active in the stock market, acquiring substantial stakes in South Pacific Textiles Industries Bhd (SPTI) and Magnum Corporation Bhd. Inter-Pac's subsidiary, Berjaya Corporation (M) Bhd, increased765 words
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SES
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Article, Illustration1057 1989-07-08 8 JOSEPHINE CHAN - by JOSEPHINE CHAN IN AN ENCORE of Thursday s performance, the market climbed up to new post-Crash highs again yesterday. The Straits Times Industrials Index jumped up to 1,335.69 on a 17.13-point gain which erased Thursday's post-Crash record of 1.318.56. The Business1,057 words
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Article333 1989-07-08 8 Managers' prices for July 8 10 OCBC-SIMBL Investment Savon Capitol Fund 105 1.10 Singapore Unit Trust Savon Trust Fund 10B 107 Tko CoAMfct 1.13 120 OUB Investment Mgt Tfco Saving* Fund S'por* frog Fund S'por* S*c Fund 1.01 046 0.76 1.07 050 081 Union Global Fund® 087 0.91333 words
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Article51 1989-07-08 8 UNIPHONE TELECOMMUN*- i CATIONS BHD: 32nd AGM at 10 Jalan Tandang, Petaiing Jaya, Selangor Oarul Ehsan, on July 10. Monday, at 11am. PEAK HUA INDUSTRIES BHO: 19th AGM at MUI Conference Room, Ist Floor MUI Plaza. Jalan P Ramlee. ***** Kuala Lumpur on July 12. Wednesday, at 10.3051 words
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Article6228 1989-07-08 8 K High m Low Tel Cod* Company Last Sale JUL 07 crVol Day COOO) High Low Laat Buyer !i Gfe Dhr Olv C*r Qr*a rid Net P/E M Cap $mN DEBENTURES, BONOS, LOANS 284 45X 87 M 66 71VJ 85K 17* 50* 97 86 86 71 906,228 words
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KLSE
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Article, Illustration3556 1989-07-08 9 MBT BUYERS dominated trading again yesterday for the third consecutive day at the Kuala Lumpur stock market and share prices were chased to new highs. Brokers said the performance of the market was in line with firmer overseas bourses. Share prices at the SingaporeMBT - 3,556 words
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REGIONAL MARKETS
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511 1989-07-08 10 FT IMPERIAL CHEMICAL Industries (ICI) plans to spend US$23O million on a chemicals plant in Taiwan in a move which is the company's single biggest investment for a decade. The plant is to make purified terephthalic acid (PTA), a raw material the useFT - 511 words
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Article, Illustration770 1989-07-08 10 Reuter FOR CANON INC. a US$lOO million stake in US computer whiz Steven Jobs's latest venture is a holding action. Canon has put its money in NeXT Inc, the latest project of Apple Computer Inc founder Steven Jobs. But Canon president Ketzo YamajiReuter - 770 words
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Article, Illustration568 1989-07-08 10 Reuter HONGKONG-LISTED Bond Corp International Ltd (BCIL) has declared a special dividend of 40 HK cents a share. The biggest beneficiary of the special pay-out, the company's second in just over a month, is parent Bond Corp Holdings Ltd which analysts say is strappedReuter - 568 words
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Article417 1989-07-08 10 Reuter JAPANESE EQUITY warrants are beginning to lure US investors with the potential of bright profits from leveraged investment in the mighty Tokyo stock market. "Fifteen to 20 hedge funds are investing in the warrants, and five of them actively," said George Philips, manager of JapaneseReuter - 417 words
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Article, Illustration563 1989-07-08 10 Tokyo Reuter INVESTMENT trust funds and brokers bought up market laggards and in-centive-backed shares yesterday, boosting share prices to close broadly higher in moderate trade. "These are tideover stocks until volume picks up," said Mike Morizumi, market analyst for Merrill Lynch Japan. "Brokers are raising the foundation, buildingReuter - 563 words
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Article, Illustration523 1989-07-08 10 Australia THE AUSTRALIAN share market closed higher in line with a buoyant resource sector and gains made by blue chip stocks yesterday. The All Ordinaries index closed 7.7 points higher at 1527 and the Gold Marker jumped 24.3 to 1497.4. Dealers, however, said buying in the resource523 words
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Article, Illustration1282 1989-07-08 10 Hongkong Reuter SHARE PRICES closed slightly firmer yesterday after see-saw trade with buying orders still coming in from overseas. The Hang Seng index rose 6.41 to 2,375.94. The Hongkong index added 4.33 to 1,568.81 after HK5812.24 million worth of shares traded against Thursday's HK5938.86 million. "It wasReuter - 1,282 words
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Article462 1989-07-08 10 Reuter TAIWAN share prices continued to fall sharply across the board in early trading yesterday as investors remained sidelined waiting for news of a proposed new banking law now under discussion in parliament. By mid-morning, the weighted index had dropped 210.84 points to 8,421.47 compared with Thursday'sReuter - 462 words
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Article172 1989-07-08 10 Reuter THE SET index yesterday closed at 607.97, down 6.00, on a turnover of 15.863,434 shares valued at 1436.19 million bahts. The Bookclub Index was 527.11, down 5.12. JULY 07 BAMT Ao Kham Thai 404 unch Ayudhya Invaatmant 44 25 unch Bangkok Agro-4nd 64 SO unchReuter - 172 words
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Article101 1989-07-08 10 Reuter PHILIPPINE shares were mostly lower yesterday. Investors were cautious after a drop in world copper prices, and uncertain of President Corazon Aquino's departure on a European state visit today. "Things could get worse at home while she's away. Or things could get better, but who knows?"Reuter - 101 words
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Article108 1989-07-08 10 Reuter THE share market yesterday closed firmer for the fourth straight day on slim volumes and a paucity of news, with further strengthening likely at least for the first part of next week. The Barclays Index gained 8.91 points to 1.931.29. up from 1.924.17 atReuter - 108 words
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Article172 1989-07-08 10 Reuter SHARE PRICES drifted lower in light trading yesterday with most investors on the sidelines waiting for the market to stabilise. Operators were reluctant to make fresh commitments, fearing further selling by state-owned mutual funds. The funds were big sellers on Thursday, halting a week-long rally. "ThereReuter - 172 words
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Article92 1989-07-08 10 Reuter SEOUL stock prices soared yesterday and volume picked up in volatile trading as institutions bought stocks on optimism the government would soon come up with mar-ket-boosting measures. The composite stock index rose 14.02 points to close at 878.01. Volume increased markedly from Thursday, at 191.4 billionReuter - 92 words
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WORLD MARKETS
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Article, Illustration785 1989-07-08 11 New York Reuter WALL STREET stocks chalked up their third gaining session of the week on Thursday. The strength, however, was concentrated in takeover issues, making the leadership of the advance somewhat suspect. Hope for an easing in interest rates helped sustain the rise. The Dow JonesReuter - 785 words
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Article, Illustration908 1989-07-08 11 London Reuter SHARE PRICES opened fractionally firmer in a market lacking direction I yesterday, and dealers expect it to t drift during the day. j The FTSE began 0.6 point higher I at 2161.8 with 229.1 million shares < traded by 0800 GMT, boosted by a volume ofReuter - 908 words
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Article1709 1989-07-08 11 Reuter MILAN: Italian shares maintained earlier gains to close stronger in good volume yesterday, with the MIB index surging 1.28 per cent to a new 1989 high ot 1,104. The MIB gained one per cent on the week. "The market's underlying tone remains positive," one dealer commented,Reuter - 1,709 words
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335 1989-07-08 11 Reuter THE GENERAL Electric Co pic's (GEC) four-year campaign to buy fellow electronics group Plessey Co pic is expected to succeed, with a new bid at 255-260 pence per share likely in a week or so, share analysts say. After Plessey endedReuter - 335 words
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Page 7 Advertisements
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Advertisement96 1989-07-08 7 CURRENCY INVESTMENT AMI Kl( I XI'KI sv TEL: 321 3333 FOR SUCCESSFUL MANAGEMENT OF YOUR RUSINESS Stories on labour and its relationship with management, management concepts in practice, profiles of leading managers in Singapore and relevant book reviews. MANAGEMENT, in Business Times every Monday, is must reading for managers who96 words
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Page 10 Advertisements
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Advertisement9 1989-07-08 10 Managers must manage. BT shows you how every Monday.9 words
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Page 11 Advertisements
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Advertisement592 1989-07-08 11 IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF ELEXSIS SHIPPING PTE LTD (In Member Voluntary Liquidation) NOTICE OF RESOLUTIONS At an Extraordinary General Meeting o1 the members of the abovenamed Company duly convened and held at 1, Shenton Way #18-06 Robma House. Singapore 0106,592 words
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Advertisement703 1989-07-08 11 NOTICES THE COMPANIES ACT. CHAPTER 50 Section 290<2)(b) NOTICE OF RESOLUTION MICOPERI MARINE SERVICES SINGAPORE PTE LTD (In Members' Voluntary Liquidation) At an Extraordinary General Meeting of Micoperi Marine Services Singapore Pte Ltd held on the 29th day of June 1989, the following special resolutions were duly passed: RESOLVED: 1)703 words
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Advertisement845 1989-07-08 11 IN THE MATTER OF THE COMPANIES ACT, CAP. SO AND IN THE MATTER Of EXLIBE SHIPPING PTE LTD (In Members' Voluntary Liquidation) NOTICE OP RESOLUTIONS At an Extraordinary General Meeting ol the members of the abovenamed Company duly convened and held at 1, Shenton Way #18-06 Robtna House. Singapore 0106.845 words
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Advertisement685 1989-07-08 11 IN THE MATTER OF THE COMPANIES ACT, CAP. SO and IN THE MATTER OF EXFREEO SHIPPING PTE LTD' (In Members' Voluntary Liquidation) NOTICE OF RESOLUTIONS At an Extraordinary General Meeting of the members o( the abovenamed Company duly convened and held at ff Shenton Way #18-06 Rotor* House, Singapore 0106,685 words
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Article, Illustration575 1989-07-08 12 ROSIE TAN - By ROSIE TAN DELOITTE, H ASK INS Sells and Touche Ross have confirmed that they have agreed to merge their worldwide operations into one of the largest professional services firm with more than 65,000 employees in 101 countries. The new international firm will be575 words
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418 1989-07-08 12 BOEY KIT YIN - By BOEY KIT YIN A BREAKTHROUGH was made by Australian Foreign Minister Gareth Evans in arriving at a consensus on a ministerial meeting to discuss the idea of an Asia Pacific Cooperation forum yesterday. He held an unscheduled press conference to announce that the418 words
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305 1989-07-08 12 US Secretary of State James Baker yesterday announced in Bandar Seri Begawan that Washington was launching a US$l3 million trade and investment programme in South-east Asia, AP reported. In a speech to a conference between Asean ministers and their dialogue partners,305 words
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427 1989-07-08 12 FOO CHOY PENG - By FOO CHOY PENG, Hongkong Correspondent HONGKONG'S councillors are pressing ahead with their campaign to lobby for the right of abode in the United Kingdom in spite of their unsuccessful attempts so far. Besides sending another team to London, they are thinking427 words
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229 1989-07-08 12 Reuter THAILAND will turn to another international bidder to build Bangkok's US$l.6 billion elevated rail system after talks with a Canada-led consortium broke down over project financing, government officials said. Officials at the Expressways and Rapid Transit Authority (Erta) saidReuter - 229 words
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301 1989-07-08 12 AP, AFP CHINA intensified its assault on Washington yesterday, saying the US trampled on human rights and accusing foreign powers of providing Chinese student activists with passports so they could flee the country. "During the process of quelling the recent counterrevolutionary rebellion,AP,; AFP - 301 words
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Article98 1989-07-08 12 Reuter COMEX gold futures drifted lower early yesterday after tracking the dollar's choppy reaction to US jobs data for June. August gold was down 30 US-cents at U*****.30 an ounce, having ranged between U*****.70 and U*****.10 in the 30 minutes following news of a jobless rateReuter - 98 words
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LATE FILE
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Article38 1989-07-08 12 AP HONGKONG'S leading banks decided yesterday to lower their prime lending rate by half a percentage point to 10.5 per cent, effective Monday. The rates on savings and deposits were similarly lowered. APAP - 38 words
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Article37 1989-07-08 12 AFP THE United Nations must take away Cambodia's seat from guerillas fighting Phnom Penh if it is to participate in the peace process, Vietnamese Foreign Minister Nguyen Co Thach said. AFPAFP - 37 words
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Article31 1989-07-08 12 AFP VIETNAM, with a population of 64 million and facing serious economic difficulties, must reduce its population growth, the official Communist Party newspaper Nhan Oan said. AFPAFP - 31 words
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Article37 1989-07-08 12 Reuter COFFEE prices fell to eightyear lows yesterday as Brazil, the world's biggest producer, signalled it was ready for a price war following the collapse of the international coffee agreement this week.Reuter - 37 words
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Page 12 Advertisements
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Advertisement183 1989-07-08 12 A guide to Europe 1992 A dozen countries, one market. And a unified front keeping Asian exports firmly out. That's one possible scenario. implications for businesses such as computers, telecommunications and financial services. Europe's trading partners are r r a Md Em lA Vt. h »y« e s I f183 words
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Executive Lifestyle
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Article333 1989-07-08 13 OVERHEARD in Tokyo: Both the geisha and the Japanese diplomat aim to please, so how do you tell the difference? Well, when the diplomat says 'Yes', he means 'Maybe; when he says Maybe' he means No'; and when he says 'No' he's no longer a diplomat.333 words
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Article, Illustration555 1989-07-08 13 SAMUEL EE - With Wimbledon in full swing and the finals just around the corner, SAMUEL EE interrogates a well-informed, widely-read and full-time tennis bum, Mr Underhand, for his expert comments. SAMUEL EE WHAT'S MORE EXCITING than the circus coming to town? Answer: A circus coming to Centre Court. Every summer,555 words
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Article, Illustration1273 1989-07-08 13 CHARLES SAVAGE - As the worldwide glee over art prices lingers, more window shoppers are getting smart about art But whether you love art or are merely a shameless investor, Singapore s takeoff as a regional art centre willbe reason to cheer. But,: will it take a master stroke?CHARLES SAVAGE speaks1,273 words
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Commentary
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1336 1989-07-08 14 ASAD LATIF - ASAD LATIF WHAT would life be without sex? Rather boring. What would sex be without life? Rather boring, too. The point is not a biological one, of course: it is obvious that only living organisms indulge in sex. The point is to1,336 words
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Article, Illustration1561 1989-07-08 14 TYE KIM KHIAT - TYE KIM KHIAT SCANDALS! So salacious are the images evoked that the word has a life of its own. A mystique of its own. An aura of its own. For better or for worse, scandals have an affinity for the high and mighty,1,561 words
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399 1989-07-08 14 SIM YONG NAM - Letters to the Editor SIM YONG NAM Listings Manager Door Sir We refer to the article by Hock Lock Siew entitled "SES guidelines on convertible securities may backfire" (BT June 26). The article stated that if the conversion ratio of one warrant/TSR for399 words
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239 1989-07-08 14 LEE YUEN HEE - LEE YUEN HEE Deputy Director (Planning Public Relations) tor Permanent Secretary Ministry of Community Development Dear Sir We refer to the letter "Questions about the State Flag" by Y B Teo (July 1). Mr Teo commented that it is not appropriate239 words
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Executive Lifestyle: Pursuits
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Article, Illustration889 1989-07-08 15 CHARLES SAVAGE - Yeo Seng Teck, an avid art collector and CEO of the Trade Development Board and chairman of the Jurong Town Corporation, is the chairman of the Visual Arts Committee. Its report was released in May. Mr Yeo spoke to CHARLES SAVAGE about what sort of arts889 words
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Executive Lifestyle: Entertainment & Pursuits
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Article, Illustration775 1989-07-08 16 N K YONG - i By N K YONG ONE OF THE MOST famous chefs in Paris, and indeed in the whole of France, is Alain Senderens at Lucas Carton, in Place de la Madeline. With three Michelin-stars and four Gault-Millau toques (19.5/20), the restaurant is in great demand775 words
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Article, Illustration519 1989-07-08 18 JERRY YAP - MUSIC By JERRY YAP YOU CANNOT SIT through a concert by Giora Feidman and remain unmoved. He won't let you. The moment he makes his entrance (which is usually not from the stage) he draws the audience into his world. His is519 words
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Article, Illustration790 1989-07-08 18 GIANT STEPS: The Book of Pride (ASM) Thanks to acts like Sade and Swing Out Sister who brought jazz to the pop frontier, we now have a multitude of groups who favour the jazz-pop hybrid. They don't make any excuses for the diluted form.790 words
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Article, Illustration662 1989-07-08 18 CHUANG PECK MING - BOOKS Out Of This World By Graham Swift Penguin $14.20 208 pages Reviewed by CHUANG PECK MING CHUANG PECK MING A HAUNTING SAGA of the lovestrained relationships among a grandfather, father and daughter, this slender English novel alternately tugs at662 words
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Article615 1989-07-08 18 NG PENG HUI - CINEMA By NG PENG HUI WOODY ALLEN heads the list of movies on the screening calender of the Singapore Film Society over the next three months, a welcome respite from the current deluge of stepmothers, aliens and Rob Lowe. Set for July 14,615 words
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Article, Illustration369 1989-07-08 18 SAMUEL EE - TIMEPIECES By SAMUEL EE "IF YOU'VE got it, flaunt it" apparently isn't fashionable anymore. Or at least with Omega. At one glance, their latest collection of timepieces, the Omega Art, appears to be nothing more than stark and simple. But the underside reveals an explosion369 words
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Article, Illustration430 1989-07-08 18 SYBIL HOLLOWAY - BRIDGE By SYBIL HOLLOWAY WHEN TODAY'S DEAL turned up at one of the Tanglin Club Duplicate night games, none of the nine east-west pairs were able to find the cold slam contract in clubs. With south s inevitable interference after west's opening bid of430 words
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Executive Lifestyle: Pursuits
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Article387 1989-07-08 17 QUEK SWEE PENG - FOOD By QUEK SWEE PENG THE CULINARY SKILLS of a competent chef, it has been suggested, lie in the cooking of vegetables. Seemingly simple, the preparation of mere greens is actually more demanding than envisaged by the nonchalant diner. These thoughts ran through my mind when we were387 words
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Article, Illustration956 1989-07-08 17 RICHARD SEAH - HEALTH By RICHARD SEAH AT LONG LAST, a good health book for Singaporeans. Aileen Yeoh quit her job as a laboratory technician in 1980 because, in her own words: "I could see that the answer to life's mysteries did not lie at956 words
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Article, Illustration807 1989-07-08 17 JUANITA SHAKILA - Compiled by JUANITA SHAKILA STAGE PERFORMANCES: San Francisco Symphony Youth Orchestra. For two days at the Victoria Concert Hall, you can get to hear this youth orchestra all the way from San Francisco. They will perform on July 13 and 14 at Bpm and among the pieces you will807 words
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Article, Illustration471 1989-07-08 17 ANNA TEO - TRENDS By ANNA TEO WHAT DO COMPANIES do when they want to open their big bash to the public at large, and ensure nobody goes home drunk alter the party? They organise s run. It's not become a rage yet, hardly a trend even. But471 words
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Article, Illustration1482 1989-07-08 19 SALLY McKINNEY - Is your dream home one that rocks gently in the breeze as, below, the water swirls with the swell of the river that could shift your room with a view at any minute? If so, SALLY McKINNEY suggests that you take a trip to Kanchanaburi in Thailand where a1,482 words
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Article, Illustration539 1989-07-08 19 JAIME LYE - CINEMA By JAIME LYE FOUR YEARS is a long time between books. Phillip Blackwood's (Tom Selleck) editor tells him. Well, 90 minutes, for that matter, is a long time to watch Selleck and Paulina Porizkova in Her Alibi; a movie539 words
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Article, Illustration662 1989-07-08 19 JERRY YAP - By JERRY YAP THERE HE IS, with an unimaginably beautiful woman wrapped around his arms. She is just about to experience her very first kiss, and he, the first in a long time. Up there, under a clear night sky full of stars, all alone, and in662 words
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Executive Lifestyle: Personal Investment
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Article, Illustration602 1989-07-08 20 WORLD OUTLOOK FOR EQUITIES, BONDS CURRENCIES The Economist INTEREST RATES have peaked and now is the time to buy bonds. That, at least, is the view of portfolio managers polled by The Economist. Their optimism about global equity markets at theThe Economist - 602 words
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379 1989-07-08 20 TRUST FUNDS Reuter INDIVIDUAL INVESTORS, losing faith in Japan's equities investment trust funds, are looking for better returns outside the sluggish stock market As a result, the market slump, caused by political scandals, a weak yen and rising interest rates, is beingReuter - 379 words
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607 1989-07-08 20 EQUITIES FT THE SHARP DROP in share prices in New York and London at the end of last week cannot disguise the fact that most of the world's stock markets have turned in a rather impressive performance in the first half ofFT - 607 words
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Article501 1989-07-08 20 US DOLLAR Reuter THE US DOLLAR'S bull has not run out of steam, despite recent setbacks, and has the potential to hit new highs in coming months, technical analysts say. The analysts say the dollar could first drop to 133 yen and 1.83 marks asReuter - 501 words
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690 1989-07-08 20 KEVIN GWEE - STERLING By KEVIN GWEE THINGS DO NOT look good for the British pound. After being badly thrashed by the US dollar over the past two months, current economic indicators available do not bring much hope for a sterling revival in the near690 words
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917 1989-07-08 20 INTERNATIONAL BONDS FT THE EUROBONO market might soon need to be r ©christened a market where a good third of its business is more dependent on the course of the Japanese stock market than on the performance of US Treasury bonds hasFT - 917 words
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Article, Illustration899 1989-07-08 21 HERMAN PHUA - mm By HERMAN PHUA GUTHRIE GTS is the talk of the town. A group that had seemed to be heading no-where is now poised to take good advantage of the booming property market. The resounding success that its package of rights,899 words
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Article437 1989-07-08 21 PfpQi? IN 1979, some theoretical work I did on the Balsa de Valores index components in the Mexican stock market provided enough evidence to suggest that stock price movements there were non-random. However, circumstances then did not allow me to further explore whether the distribution of437 words
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Article992 1989-07-08 21 ANDREA BORCH - WORLD MARKETS By ANDREA BORCH OAVIO FULLER has a warning for all interested bulls and bears: The global stockmarket bull cycle is healthy but ageing. Upward momentum in world markets continued in June, except in Hongkong, notes Mr Fuller, the chairman of Chart Analysis Ltd,992 words
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362 1989-07-08 21 RUTH CORB, JEREMY ECKSTEIN - ART By RUTH CORB, JEREMY ECKSTEIN FOLLOWING the extremely successful May series of Impressionist, Modern and Contemporary art sales held in New York, which achieved a turnover of no less than US$6OO million, activity moved to London. This series of paintings, drawings,362 words
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696 1989-07-08 21 FINANCIAL PLANNING TIME is one of the vital components of financial success. We need time to accumulate and invest money. Insurance in this context is used to purchase the TIME element to ensure financial success. Insurance in financial696 words
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Article398 1989-07-08 21 Price# (as at 7.7.89) Conversion terms Premium/ (discount) using A Company Amount Exer price Optional" txpiry (m units) Wrta Share Ln stk Conv ratio Ln stk Cash Cash 1 Ln stk 2 Gearing 3 mm Date value iSa mm CKTang 16.9 2.600 4.720 1.00 2.25 3398 words
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Executive Lifestyle: Sports
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Article, Illustration430 1989-07-08 22 AP MIKE TYSON throws fierce punches and swiftly dodges his opponents, but the heavyweight champion's greatest asset is his mind, trainer Jay Bright says. "It's the way he thinks in the ring," Bright said. In preparation for the bout against Carl "TheAP - 430 words
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Article, Illustration743 1989-07-08 22 WIMBLEDON AFP DEFENDING champion Steffi Graf and world number two Martina Navratilova will line up for a third consecutive Wimbledon title showdown today. Graf ruthlessly crushed Chris Evert in her last appearance on the centre-court 6-2, 6-1. Navratilova, who almost choked on her saliva atAFP - 743 words
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Article399 1989-07-08 22 Reuter FdpMER Wimbledon champion Aifitur Ashe was asked recently if> had ever watched a very young player and been certain hC was seeing a future wevld-beater. said it had happened oniy three times. The first youngster was called John McEnroe, th» second Steffi Graf and theReuter - 399 words
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Article, Illustration748 1989-07-08 22 CHARLES SAVAGE - BOXING By CHARLES SAVAGE PRIZE FIGHTING returns to Singapore for the second time this year under the sponsorship of Shinei Seisakusho, a leading Japanese stainless steel manufacturer, and fight promotion company Dunoo's Promotions. World Boxing Council (WBC) International super flyweight champion Nana Yaw748 words
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440 1989-07-08 22 A SURENDREN - SQUASH By A SURENDREN HOSTING international tournaments for Singapore is not something new. But having world class established stars here is a worthwhile endeavour. This was the gist of a speech by Mr S Dhanabalan, the Minister for National Development, during yesterday's cheque440 words
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Article, Illustration554 1989-07-08 22 JEROME FANDOR - ON TRdCK With JEROME FANDOR THE GLAMOUR of the Singapore Gold Cup meeting gives way to a Classes 2 and 4 meeting in Ipoh. Ivan Allan has recorded his eighth success in the Singapore Gold Cup, and Teh Choon Heng is well on his way554 words
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438 1989-07-08 22 GOLF AP RAIN-SOFTENEO greens plus mild winds added up to low scores as Paul Azinger, Bob Gilder and Kenny Knox led by one stroke after Thursday's first round of the Greater Hartford Open. Each shot a 6-under-par 65 on the shortAP - 438 words
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Article200 1989-07-08 22 CYCLING GREG LeMOND, the first American to win the Tour de France in 1986, moved into the lead in this year's version of the world's most prestigious cycling race by capturing an individual time trial. LeMond. who has been beset by injuries since he200 words
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Executive Jobs
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Article, Illustration1726 1989-07-08 23 MARTIN SOONG - Multinational companies have a certain allure about them in the eyes of job-seekers. Take Shell for example. What is real and not so real about the company as a sought-after employer? MARTIN SOONG reports. MARTIN SOONG AT THE HEIGHT of the bloody 1969 race1,726 words
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395 1989-07-08 23 ANNA TEO - By ANNA TEO HARD-SELL or soft, the goal's the same get the message through to the target consumer, and ultimately and most importantly, land a sales order. Marketing and sales generally go hand in hand in any company, and the better a job the395 words
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Article, Illustration567 1989-07-08 23 ANNA TEO - By ANNA TEO FIVE YEARS ago, an average sum of US$lO billion a day was traded on the Singapore foreign exchange market. The volume doubled in two years, and then shot up to a new high of US$63 billion a day567 words
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Article215 1989-07-08 23 HIS MAY be among the best-paid jobs in town but internationally* the Singapore forex dealer ranks only a poor 24th among traders from 34 countries. That's according to the latest International Treasury Survey by the Whitney Group of UK. Its international salary rankings cover215 words
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Page 13 Advertisements
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Advertisement228 1989-07-08 13 CALL fL"P"fS [A for all your financial needs from any phone, anytime, any place 222 5544 222 8844 Hong Loong Flnanco Singapore Flnanco 14 Mthf* pirn eJFmmf. Mf:OIM 9 0157 CMI 73 s -f f, i. •,/-<*? <>»> *r> ■*■?<'&*s >>'"* -1 :-M- v •r«t"*-- w "vdk Tk4 K ,1228 words
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Page 14 Advertisements
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Advertisement268 1989-07-08 14 MIDPRICE ON CD OMMOOORES if mm m i r i THE WOMAN IN Itf D THE ALAN PARSONS PROIECT EVE THE ALAN PARSONS PROIECT VULTURE CULTURE THE ALAN PARSONS PROfECT EVE IN THE SKY URIAH HEEP VERY. EAVY. VERY. UMBLE DIONNE WARRICK HOW MANY TIMES CAN OIONNE WARRICK WITHOUT YOUR268 words
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Advertisement29 1989-07-08 14 HER SPORTING LIFE Can a Singapore woman carve a successful, lucrative career in sports? And why not? We get the lowdown. GO JULY: On Sale Now ■4-ir 0 Y*29 words
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Advertisement22 1989-07-08 14 BT welcomes letters from readers. Your letters must include your signature, full name, address, and home and office telephone numbers, if any.22 words
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Page 15 Miscellaneous
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Miscellaneous1358 1989-07-08 15 SATURDAY BBC 88.9 mHz in VHF Band II BAM Newshour 7.00 World News. 7.00 Commentary. 7.15 From the Weeklies. 7JO Multitrack 3. 0.00 Newsdesk 8.30 Personal View. 0.45 Recording of the Week. 0.00 News Summary followed by Outlook. 0.26 Financial News. 0.90 Poetry of the Century. 0.45 Book Choice. 9.so1,358 words
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Page 16 Advertisements
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Advertisement329 1989-07-08 16 COURVOISIER VS.O.P-WHEEE T€ ENTERTAIN J ONE G(X)D REASON TO LUNCH AT THE PALM GRILL IS OUR APPETISER BUFFE T ANOTHER IS THE CHOICE OF MAIN COURSES PALM For between $26+ and $40+ you can select from our appetiser CjKII.L buffet including seafood, smoked salmon and oysters. Choose from many lavish329 words
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Advertisement216 1989-07-08 16 ■ljiivyl Uiii |ii Wf" liiikli Our executive chef has created an Executive Lunch Buffet with specialities. For 116.90+ enjoy a full-range salad, roast beef, red snapper, chicken breast cordon bleu or lamb noisctts normande. So, finish your meal with the tempting spread of desserts. Every Monday to Friday from 11.30216 words
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Advertisement173 1989-07-08 16 TOO LATE FOR BREAKFAST? TOO EARLY FOR LUNCH? CALIFORNIAN OEUGHTRJI HOT ANO COLD OSHES A JAZZ BANO TO PUT YOU IN A MERRY MORNING MOOO EVEN A LEGO PLAYGROUND NEXT DOOR FOR THE SMALL ONES BRUNCH AT NUTMEGS IS AN OUTING FOR THE WHOLE FAMILY. SUNDAYS ONLY! 1100 AM 2173 words
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Advertisement156 1989-07-08 16 SUNDAY FAMILY LUNCH 4 efiSHiBr£** Bring the family for a fabulous meal of fresh seafood and Chinese dishes from our a la cane menu. At a generous 25% off the bill. But only on Sundays between 11.30 am and 2.30pm. And for a limited penod. Plaza Hotel a a ill!156 words
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Advertisement237 1989-07-08 16 Savour authentic Braised Duck with Yellow-Wine to your heart s content But remember to leave room for Bei|ing Vegetarian Goose. Drunken Chicken Baked Tench. Shark s Fin with Crab Meat Baked Lotus Paste Pie Or any of our many choice offerings It's the Pine Courts renowned Beijing Buffet spread Compfcnentary237 words
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Page 17 Advertisements
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Advertisement192 1989-07-08 17 I* (ft <• <• Evehy Sunday Theme's A Family Feast In The Park. At the Huhertus Grill, Sunday brunch is a great outingfor the family. A glorious buffet spread is laid out for both grown ups and children. And to make sure the kids are truly entertained, there's an exciting192 words
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Advertisement27 1989-07-08 17 Prestige De La France Courvoisier is the only cognac house ever, to receive France's Highest Award for Quality. mti. P 'Ms Vb♦ r m 4 COGNAC COURVOISIER.27 words
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Advertisement105 1989-07-08 17 GUILING (HERBAL) JELLY i x Or jt Specially brewed according to a 100 year old recipe, Guiling Jelly is high in health-giving value, relieves heatiness and traditionally taken for its skin care value. It is the perfect Health Food for Singaporeans living in hot, humid climate. Yes! Health Care or105 words
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Page 18 Advertisements
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Advertisement149 1989-07-08 18 SCHEDULE OF WEEKLY GAMES: Monday: SCBA at Tanglin Club at 9am. Contact Mrs N Sandford on 732-7333. Tanglin Club at 7.30pm. Contact Mrs N Sandford. Wednesday: ACBL at the American Club at 9am. Contact Pat Burnore on 734-1343. At NUSS Guildhouse at Kent Ridge at 7.30pm. Contact Mrs Winnie Cheah149 words
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Page 21 Advertisements
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Advertisement28 1989-07-08 21 BT welcomes investment idees end viewpoints from brokers, bankers end other readers. Address ell correspondence to: The Editor, Personal Investment, Business Times, 390 Kim Seng Road, S'pore 092328 words
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Page 23 Advertisements
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Advertisement304 1989-07-08 23 Hoare Govett Summit Securities Pte Ltd is a joint venture between Hoare Govett of London and Summit Securities of Singapore. We are seeking suitably qualified people to fill the following positions: LiiJJ T Hi h We wish to recruit a highly professional analyst to take charge of our research operations304 words
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Page 23 Miscellaneous
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Miscellaneous776 1989-07-08 23 (MD CRYPTIC PUZZLE ACROSS 8 The cheek, untying one vessel! (7) 9 It was very dangerous for Slim in an outburst of anger (4, 5) 13 Pan you put in the oven (5) 14 The routine is to take the sick to the doctor (5) 15 It's wrong to leave776 words
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Page 24 Advertisements
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Advertisement3 1989-07-08 24 H X?.. •-> "•vr ¥&£>■>'3 words
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Page 24 Miscellaneous
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Miscellaneous538 1989-07-08 24 The week's movies The Sender, Today, 10.30pm, SBC 5 Rivetting British thriller about a suicidal young man who uncontrollably and telepathically transfers his nightmares to his psychiatrist, while creating havoc in the hospital. Stars Zeljko Ivanek, Kathryn Harrold and Shirley Knight. Friendship, Today, 10.05pm, SBC 8 Two good friends who538 words
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Miscellaneous2255 1989-07-08 24 SATURDAY C: ChhMM; T: Tamil; M: Malay; r rapaat Goya (1746-1828): Tike CJimMag Pole, Tomorrow, 6.00pm, SBC 12 SBC 12 5.10 PM Opening and Programme Highlights followed by Centrestage Much Ado About Nothing (Part 2. Last episode). Falling for Don John's plot, Claudio shocks everyone at the wedding by rejecting2,255 words
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Miscellaneous229 1989-07-08 24 choice Shrike, Today, 6.30pm, SBC 5 The life of the carnivoroue bird ie the focus of Nature Watch. In particular, the shrike's territorial pos8essiveness is studied to find out how far it would go to defend its territory. Sdeace Challenge 89, Today, 8.00pm, SBC 5 A revamped version of the229 words
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