The Business Times, 7 September 1991
1991-09-07
1
28
https://www.nlb.gov.sg
https://eresources.nlb.gov.sg/newspapers/browse/biztimes
The Business Times
-
Title Section10 1991-09-07 1 BusinessTimes MCI (P) 16/12/90 Weekend Edition, September 7-8 1991 75«10 words
-
NEWS & MARKETS
-
54 1991-09-07 1 BONN New industrial orders in the former West Germany fell 0.5 per cent in July from the June level, the economy ministry said here yesterday. The fall was largely due to a 2.5 per cent drop in orders from within Germany, with foreign orders54 words
-
55 1991-09-07 1 SEOUL South Korea's exports are declining in profitability faster than in Japan and Taiwan, the Korea Foreign Trade Association said yesterday. The profitability of South Korea's exports fell 3.3 per cent in the first half of the year, a sharp drop from a 0.455 words
-
Article55 1991-09-07 1 WALL STREET was mixed in early trading yesterday in a wary reaction to the latest data on US employment. The Dow Jones average of 30 industrials dropped 10.07 points in the first half hour but then recovered some ground to show a 6.93-point loss at 3,001.57 by 143055 words
-
Article32 1991-09-07 1 SHARE PRICES were firm on the London Stock Exchange yesterday morning with steady buying interest. At 1300 GMT, the Financial Times-Stock Exchange 100-share index was up 11 points at 2,674.3.32 words
-
Article32 1991-09-07 1 REVENUES from hotel room and food and beverage sales in June recorded their first growth figures for the year, signalling a turnaround in the tvfc) industries Page 232 words
-
Article32 1991-09-07 1 OEI HONG LEONG, the former boss of United Industrial Corp, has resigned from the boards of two Hongkong companies, Tomson Pacific and Bond Corp International Ltd. Page 732 words
-
Article, Illustration29 1991-09-07 1 Friday Change BT-MGA 694.54 -0.33 Kuala Lumpur ....557.92 -4.58 Tokyo 22,692.60 +192.95 Hongkong 3,970.91 -19.25 Sydney 2,413.9 -1.6 Thursday Change New York 3,008.50 unch London 2,663.3 -1.329 words
-
Article22 1991-09-07 1 Exchange rates USS ss 1.7170 100 Yen S$ 1.2606 MS SS 0.6181 Money market rates Overnight 5-1/4 +|/2 3-month 5-1/8% +1/1622 words
-
Article37 1991-09-07 1 London Gold AM fix US$347.00 USS-0.30 S'pore Oct l37.25«/kg -0.25 M'sia Oct— 225.00Vkg -0.50 la Tin Turnover 80 tonnes +21 Spot MS 13.15 /kg unch Crude palm oil Turnover 2,031 lots +565 Sep MS797 /tonne +937 words
-
-
763 1991-09-07 1 Leslie Lopez - Analysts predict bruising battle between Khoo and Vincent Tan From Leslie Lopez in KUALA LUMPUR MALAYAN United Industries (MUI) struck back at its main predator, Tan Sri Vincent Tan Chee Yioun, yesterday by launching a takeover bid for his flagship Inter-Pa-cific Industrial Group763 words
-
314 1991-09-07 1 Catherine Ong - From Catherine Ong in HONGKONG THE high-profile chief executive of the Stock Exchange of Hongkong, Francis Yuen, has quit to head the company that is shaping up to become China's pre-eminent trading arm here. The move is expected to provide a314 words
-
288 1991-09-07 1 MEMBERS OF Singapore's top private club, the Singapore Island Country Club, feel very strongly about their right to manage their own affairs. They feel so strongly about it that last night they threw out their landlord's proposal to appoint key management officials, a move288 words
-
383 1991-09-07 1 EDUCATION MINISTER Tony Tan, who is leaving the government at the end of the year, will join Oversea-Chi-nese Banking Corporation as chairman and chief executive officer on Jan 2, 1992. He will replace Mr Teo Cheng Guan, 69, who will be383 words
-
Article119 1991-09-07 1 Reuter WASHINGTON The US unemployment rate held at 6.8 per cent in August, but a large number of unemployed workers dropped out of the labour force, the Labour Department said yesterday. The closely watched number of non-farm payroll jobs rose by a modest 34,000Reuter - 119 words
-
Page 1 Advertisements
-
Advertisement119 1991-09-07 1 r Nikon ThoWMd'oFlfMot Photographic System. Devotees of the printed word. EL 1 I Ifii i i/ irk Aircraft Schedule EL 11 Commodities 15 Company News 4, 5 Cryptic Crossword EL 11 Executive lobs El 10 Futures Options 14 Interbank Forex Rates 14 Home News 2 KLSE 11 Money Changer Rates119 words
-
Advertisement115 1991-09-07 1 OPINIONS Dragon citizens hold the key. EL 2 LIFESTYLE Supercar from Sweden. EL 5 A uniquely Spanish wine. ELS The corporate battle begins Test of cash, wills and staying power, Pg 4 Citic Pacific could replace Jardines one day, Pg 5 Property and Construction Supplement '91 THE DAYS when property115 words
-
Advertisement200 1991-09-07 1 Nikon The Wtovtd's FlnMt Photographic tjUni PURSUITS FINANCE JOBS 1 h The return of a m How to pick the Keeping the hktnrir l right company in lid on H IS J C theGenting wage costs. hotel. group. EL 8 EL 10 L 2 Commentary: Tony Tan, Dhana should not200 words
-
-
HOME NEWS
-
NEWS ROUNDUP
-
101 1991-09-07 2 CLOUDY WATER in some areas of central Singapore did not pose a health risk, the Public Utilities Board said yesterday. The problem was caused by bubbles which would settle when the water was allowed to stand, the board said. The situation would101 words
-
Article68 1991-09-07 2 ESSO has announced an increase of 3.5 US cents in the wholesale price of diesel, from 63.5 US cents to 67 US cents per US gallon. The move is in line with similar increases by other oil companies, which have announced wholesale diesel price rises68 words
-
Article73 1991-09-07 2 THE Singapore Labour Foundation wants nominations for the 1991 SLF Educational Tours for Model Workers. The awards aim to recognise workers who have contributed significantly to their companies' productivity. The scheme is open to union members, non-bargainable staff of unionised establishments, or employees (earning not more73 words
-
Article101 1991-09-07 2 THE HEALTH MINISTRY and Central Provident Fund have reached in-principle agreement to launch another scheme to enable kidney transplant patients to pay for a drug, cyclosporine, through Medishield. The average cost per patient using cyclosporine is $550 per month, and the MOH subsidises 75 per cent101 words
-
Article54 1991-09-07 2 A PUBLIC FORUM will be held on Sep 15 on ways to improve the quality of life of women over 45. Organised by the Obstetrical and Gynaecological Society of Singapore, the forum is part of a world congress of gynaecology and obstetrics. A major theme will be54 words
-
Article51 1991-09-07 2 THE Singapore Broadcasting Corporation will cease extended transmission of CNN International from today now that the political situation in the Soviet Union has stabilised. From Monday, SBC will revert to the normal transmission hours of CNN, from 7am to Bam, and 7pm to Bpm on51 words
-
-
Article, Illustration247 1991-09-07 2 YET another residential property project is sprouting up in the Tanjong RhuMeyer Road area. Yesterday, a joint venture between Goh and Goh Holdings and Hup Seng Development launched a 69-unit condominium development called Fort Gardens. Located in Fort Road, it is just within247 words
-
Article139 1991-09-07 2 THE Urban Redevelopment Authority has awarded the shophouse at No 15 South Bridge Road to Poh Cheok, whose bid of $705,000 (or $10,217.39 psm) turned out to be the highest. The two-storey shophouse is in the Boat Quay conservation area, and has a total land139 words
-
Article883 1991-09-07 2 Prtew as at 06.09.91 Conversion terms Premium/ Ex&irv (discount) *2? OP«on«'* < using Company wrt shjre Cash Cash Loan Gearing. Date Mths stock ratio price nom 1 Stk_ 4 value I 0urw 11 115.2 0.140 0.650 1.00 1 00 75 icj n/n c /M 7T WCWt883 words
-
Article, Illustration461 1991-09-07 2 Sangeeta Mulchand - Hotel room, F B earnings up for first time this year Higher tourist arrivals, aggressive promotions jack up figures By Sangeeta Mulchand REVENUE from hotel room lettings and food and beverage sales grew in June for the first time this year, signalling a possible turnaround. Room revenue rose 9.3 per461 words
-
333 1991-09-07 2 Sangeeta Mulchand; Dawn Tan - It proposed to acquire Marina Village from Khamis Holdings recently By Sangeeta Mulchand and Dawn Tan TRIANGLE Development Holdings (TDH), which proposed to acquire Marina Village from Khamis Holdings two weeks ago, has finalised an agreement with Elyamani Khamis to take a 49333 words
-
197 1991-09-07 2 NUS Convocation '91 GRADUANDS were urged yesterday to play an active role in the community. Clinical Professor R Nambiar, master of the Academy of Medicine, College of Medicine Building, said: "No one is better qualified than the professionals to give the leadership197 words
-
Article, Illustration382 1991-09-07 2 Salil Tripathi - Singapore workplaces offering more space per person By Salil Tripathi CATHERINE TAN works at the Jurong factory of a foodprocessing company. Ten years ago, she had 30 colleagues cramped in a room where they handled packaging of food products. Today, she is one of382 words
-
Article293 1991-09-07 2 Jaime Ee - By Jaime Ee FROM Sep 15, cinema goers will have to be 21 years old and above in order to watch a restricted movie. The current 'R' rating will also be replaced by 'R(A)' where the 4 A' stands for "artistic" said the Ministry293 words
-
Article, Illustration253 1991-09-07 2 TECHNOCRAT Chuang Kwong Yong has been appointed a director of POSBank, replacing DBS Bank boss Ngiam Tong Dow. Mr Chuang, whose appointment took effect on July 1, is second permanent secretary (Finance, Budget and Revenue) and is best known for the improvements he has253 words
-
-
Page 2 Advertisements
-
Advertisement12 1991-09-07 2 Ships in Port has been held over due to pressure on space12 words
-
-
FOCUS
-
562 1991-09-07 3 General Election '91 Bl Commentan IT IS tempting to say, let them go; they have served the nation well, accede now to their requests and let them return to the private sector. After all, both Dr Tony Tan and562 words
-
Article, Illustration908 1991-09-07 3 Margaret Thomas - Mr Dhanabalan and Dr Tony Tan yesterday met the media to explain why they are leaving the government. Margaret Thomas reports Margaret Thomas SIXTEEN YEARS. That is the time National Development Minister S Dhanabalan will have spent in politics908 words
-
Article, Illustration401 1991-09-07 3 LIM BOON HENG will relinquish his post as deputy secretary-general of the National Trades Union Congress when he assumes new duties as Senior Minister of State for Trade Industry on Monday. The new minister, who was returned as MP for Ulu Pandan401 words
-
294 1991-09-07 3 TO RECAP, Beri paints two pictures of Singapore's probable socio-political landscape in the next five to 10 years in a country report released last month before the General Election was called. Scenario One (80:20) has Prime Minister Goh Chok Tong winning his first294 words
-
Article, Illustration818 1991-09-07 3 DR TONY TAN will remain ready, even when back in the private sector, to put the nation's interests above personal considerations. In his letter of resignation, he gave Prime Minister Goh Chok Tong his assurance that should there be a818 words
-
713 1991-09-07 3 Anna Teo - The General Election could have turned out far worse for the PAP, Beri's president Dr F T Haner tells Anna Teo Anna Teo THE MOMENTUM of change was rolling; the 1991 election environment was more open than in 1988. A snap poll under713 words
-
-
COMPANY NEWS 1
-
Article, Illustration921 1991-09-07 4 William Chia - Like gladiators, Khoo Kay Peng and Vincent Tan are bracing themselves for the most intense battle in Malaysian corporate history. But what do the arch-rivals hope to achieve? By William Chia SINGAPORE In a surprising turn of events, the brash and acquisitive921 words
-
898 1991-09-07 4 SN Vasuki - By SN Vasuki SINGAPORE It promises to be a monumental clash between two Malaysian corporate titans. Yesterday, Malayan United Manufacturing Bhd, a subsidiary of Malayan United Industries (MUI) controlled by Mr Khoo, launched a takeover of Inter-Pacific Industrial Group Bhd controlled by Mr898 words
-
Article, Illustration419 1991-09-07 4 Leslie Lopez - From Leslie Lopez in KUALA LUMPUR IN A COUNTRY where corporate rivalry hardly ever turns into warfare, the battle between Tan Sri Khoo Kay Peng and his younger rival Tan Sri Vincent Tan Chee Yioun, may be a departure from tradition. Both419 words
-
Article, Illustration393 1991-09-07 5 Magdalene Ng - By Magdalene Ng SINGAPORE Peter Oei Hong Leong, the former boss of United Industrial Corp (UIC), has resigned from Tomson Pacific and Bond Corp International Ltd (BCIL), the two Hongkong companies he had joined soon after quitting UIC in Singapore late last year.393 words
-
331 1991-09-07 5 MBT KUALA LUMPUR The deputy chairman and managing director of Mega First Corp Datuk Lim Keng Kay has been appointed the group managing director of Palmco Holdings in place of Datuk Robert Chan Woot Khoon, who has relinquished his duties. Datuk Robert Chan,MBT - 331 words
-
Article, Illustration294 1991-09-07 5 Reuter HIGHLAND PARK, Michigan Chrysler Corp's dynamic chairman Lee lacocca said on Thursday he would retire on Dec 31, 1992, after more than a decade at the helm. As recently as Aug 27, the 66-year-old Mr lacocca, who was instrumental in rescuing ChryslerReuter - 294 words
-
573 1991-09-07 5 MARKET TALK Reuter HONGKONG Stocks investors see China-backed Citic Pacific Ltd as a dynamic Hpngkong company that will one day replace British-run trading giant Jardine Matheson Holdings Ltd, analysts say. Citic Pacific's ultimate parent is state-run China International TrustReuter - 573 words
-
229 1991-09-07 5 Genevieve Cue - By Genevieve Cue SINGAPORE GP Batteries International unveiled a healthy set of accounts in its annual report for 1990. Its figures, however, were not comparable with the previous year as the company, the first to be listed on the main board this year, has229 words
-
Article, Illustration400 1991-09-07 5 Magdalene Pang - FELS has a 42pc stake in the HK construction group By Magdalene Pang SINGAPORE Contech Holdings Ltd, in which Far East Levingston Shipbuilding Ltd (FELS) holds a 42 per cent stake, set up shop in Singapore last month in a bid to expand400 words
-
193 1991-09-07 5 Reuter BUERGENSTOCK, Switzerland The Singapore International Monetary Exchange (Simex) is having negotiations with two London-based futures exchanges on collaboration in the trading of futures contracts, Simex chairman Francis Yeo said. He said the talks were being held with the International Petroleum ExchangeReuter - 193 words
-
170 1991-09-07 5 JAKARTA A private company, which will manage the Jakarta Stock Exchange (JSE), is likely to start operation next month as scheduled, the Jakarta Post reported earlier this week. Revealing this, Mr Sjahrizal, chairman of a special committee in charge of setting up the170 words
-
COMPANY BRIEFS
-
82 1991-09-07 5 SINGAPORE Tat Lee Finance's one-for-one rights issue, which aims to raise $28.5 million, will increase the company's share capital from $18 million to $36 million. Its net tangible asset backing will be adjusted to $74.5 million, yielding a net tangible asset82 words
-
Article29 1991-09-07 5 SINGAPORE Mr Lim Hng Kiang has resigned as director of Singapore Automotive Engineering following his appointment as the Minister of State for National Development.29 words
-
Article81 1991-09-07 5 SINGAPORE CSA Holdings yesterday announced that some of its subsidiaries' directors have sold CSA shares: Automated Systems executive director Sunny Tan sold 195,000 shares; CSA executive director Seow Chuan Bin sold 300,000 shares; ACS International managing director Tony Moo sold 520,000 shares; CSA Malaysia general81 words
-
Article102 1991-09-07 5 SINGAPORE Under a new manufacturing and distributorship arrangement with chocolate maker Van Houten, Sunshine Allied Investments will sell to Van Houten all Van Houten products that it makes according to specifications. Van Houten will take over the regional marketing for parts of Asia and Australia, although102 words
-
-
-
Page 4 Advertisements
-
Advertisement335 1991-09-07 4 k M/ADEIRA /YOUR STEPPING STONE V //VTO EUROPE "Madeira. The European Community's newest international business centre. As an autonomous region of Portugal, the beautiful Madeiran islands which lie just off the West African coast enjoy the benefits of full membership of the European Economic Community, a strategic geographical location on335 words
-
-
Page 5 Advertisements
-
Advertisement30 1991-09-07 5 Great opportunity to invest in Prime Downtown Vancouver. Reputable Realtor will be in Singapore between August 28 to September 10 with details. For further information, call *****52 or fox *****34.30 words
-
Advertisement325 1991-09-07 5 Announcing f|! f v"V > ?J« 1 the world's only shaver with a rolling spiral blade. If To radically improve the electric shaver, Hitachi had to re-invent it. IVe began by creating the world's first rolling blade, which makes fast work of even the toughest beards. Twelve rapidly spinning spiral325 words
-
-
FINANCIAL NEWS
-
SMALL CHANGE
-
107 1991-09-07 6 TOKYO Japan is not considering lowering its official discount rate so much at the moment, although it is allowing money market rates to decline. Finance Minister Ryutaro Hashimoto told a news conference after a regular Cabinet meeting yesterday. Asked whether the latest moves107 words
-
Article111 1991-09-07 6 LONDON Lloyd's of London said its capacity to write insurance will be more than sufficient in 1992 despite an expected large number of resignations from the market. Lloyd's chief executive Alan Lord told a news conference on Thursday that capacity will be "quite large enough to111 words
-
Article96 1991-09-07 6 LONDON Recession hit UK's largest general insurer, Sun Alliance Group pic, in the first half of the year, reducing the value of its property portfolio and increasing claims for repossessions and crime, analysts said on Thursday. Sun Alliance announced a pre-tax loss for the six96 words
-
Article164 1991-09-07 6 AMSTERDAM Internationale Nederlanden Groep NV, born in Europe's first full merger of a bank and insurer six months ago, is confident its strategy will pay off. "We've had a very good start and not just in our results. I am convinced we will become164 words
-
Article83 1991-09-07 6 WASHINGTON US savings and loans that remain in private hands earned U*****.8 million (*****.6 million) in the second quarter of 1991 after a revised US$6lO.l million profit in the first quarter, the Office of Thrift Supervision said. It was the first time the thrift industry has83 words
-
Article98 1991-09-07 6 OSLO Den norske Bank (Dnß), Norway's biggest bank, said on Thursday that it had reached an agreement in principle to sell 85 per cent of a fully-owned subsidiary in Amsterdam to the Dutch Nationale Investeringsbank NV. Dnß, struggling with heavy losses, said it would98 words
-
-
140 1991-09-07 6 SINGAPORE Life insurance underwriters from regional countries plan to forge closer ties, said Mohammed Amin, the president of the Life Underwriters Association of Singapore, yesterday. Mr Amin was speaking at the first Asia-Pacific Life Insurance Congress, attended by more than 5,000 delegates from140 words
-
Article, Illustration636 1991-09-07 6 The BCCI collapse FT WASHINGTON The US on Thursday indicted six officials of the Bank of Credit and Commerce International (BCCI), along with a leader of the Medellin cocaine cartel in Colombia and Capcom Financial Services Ltd of London on charges ofFT - 636 words
-
366 1991-09-07 6 Reuter GEORGE TOWN, Cayman Islands The offshore arm of the Bank of Credit and Commerce International posted US$63B million (S$ 1.097 billion) in losses in 3'/ 2 years, a report by courtappointed liquidators shows. The previously undisclosed report was prepared by the accounting firmReuter - 366 words
-
Article, Illustration556 1991-09-07 6 DBS Bank weekly currency review US$/Dm: Potential head and shoulder pattern seen It was consolidation week as the US dollar remained within a narrow 170-point range, reaching a high of 1.7490 deutschemarks on Monday before drifting to a low of 1.7320 on Wednesday. A breakout556 words
-
568 1991-09-07 6 Japan's financial scandal NYT TOKYO The broking houses involved in Japan's widening financial scandal engaged in many more bogus securities transactions than previously acknowledged and also rigged trades involving US Treasury bonds, according to a newspaper report that was confirmed byNYT - 568 words
-
Article, Illustration473 1991-09-07 6 NYT NEW YORK In a stunning break with the past, Salomon Brothers Inc announced on Thursday that it would pay no compensation, severance or future legal expenses stemming from the Treasury markets scandal to senior executives who have resigned, including JohnNYT - 473 words
-
-
Page 6 Advertisements
-
Advertisement76 1991-09-07 6 Infi^udng^^^ Exerciser fc* hand, wrist 1 14 forearm development. l i Quickly develops control, strength consistency —gToRDgRFORM— »■—K-l Mail Order Coupon To: J Sola Agent: Swat Seng Hong Enterprises Pie Lid 51 Anton Rood #02-63 Anton Centre Singapore 0207 Tel: 225-9744 Tlx: RS ***** SSHONG Fax: 221-4464 PbaM wnd me76 words
-
-
THE REGION/THE WORLD
-
543 1991-09-07 7 Catherine Ong - He leaves colony without promise of more reforms From l Catherine Ong in HONGKONG WHILE he appeared to have scored political points for his tough stance on human rights in China, British Prime Minister John Major left Hongkong on Thursday without543 words
-
267 1991-09-07 7 FT Reuter BONN A slowdown in western Germany's economy is not a harbinger of a recession, Economics Minister Juergen Moellemann said, repeating that gross national product (GNP) growth would slow after an expansion of 4.5 per cent in the firstFT; Reuter - 267 words
-
Article, Illustration867 1991-09-07 7 Crisis in the Soviet Union NYT MOSCOW The future of the Soviet nation under the new emergency law upending central Soviet power may be open to doubt, but Mikhail Gorbachev's resilience as national leader is not. He has once again displayed his talent inNYT - 867 words
-
Article, Illustration46 1991-09-07 7 KEDUNG OMBO, Indonesia Peasant women, forced by a severe drought to temporarily give up farming, carrying ceramic pots on Tuesday across a dried-up dam here in the Central Java province to a town 5 km away from their home to get water.46 words
-
Article532 1991-09-07 7 Support grows for payments mechanism to revive trade Reuter PARIS The fear that disintegration of the Soviet Union will deepen the economic plight of Eastern Europe is sparking Western interest in the idea of a special payments mechanism to revive trade in the formerReuter - 532 words
-
397 1991-09-07 7 Reuter MOSCOW Soviet republics, tasting some political independence after last month's failed coup, will be free to create their own currencies under a proposed economic pact, radical economist Grigory Yavlinsky said on Thursday. "I have been working on the economic treaty forReuter - 397 words
-
WORLD WATCH
-
88 1991-09-07 7 LONDON A survey in the Economistmagpzine published yesterday shows Canada releases the most reliable economic statisics and Italy the least. The survey put Germany, the United States and Japan in the lower half of the table at sixth, seventh and eighth place respectively.88 words
-
Article71 1991-09-07 7 BRUSSELS The European Commission has proposed major concessions by the EC yesterday in talks on an association accord for Poland, Czechoslovakia and Hungary. The concessions cover six areas: agriculture, textiles, financial cooperation, free movement of workers, coal and transit. The crucial points on agriculture involved dismantling tariffs71 words
-
Article54 1991-09-07 7 JAKARTA Indonesia yesterday awarded six new oil exploration contracts worth US$l54 million (***** million) to local companies and firms from the United States and Canada, the state oil firm Pertamina announced. The deals bring the number of contracts awarded since January to 22, a record54 words
-
Article68 1991-09-07 7 NICOSIA Iran has reached preliminary agreement on a US$l.7 billion (552.9 billion) project for exploration and exploitation of oil at the Hormuz Strait by a Japanese company, the Iranian news agency IRNA reported on Thursday. A letter of intent issued by the state-owned National Iranian68 words
-
-
350 1991-09-07 7 AP WASHINGTON The number of Americans filing new unemployment claims remained frozen at 421,000 in late August, the government said on Thursday a sign that employers, sceptical about whether a recovery has taken hold, are still letting workers go. In otherAP - 350 words
-
222 1991-09-07 7 Reuter WASHINGTON The Soviet Union should be able to avoid defaulting on its foreign debt this year, but it will have to sharply curtail imports and sell US$5 billion (about SsB.s billion) worth of gold to do so, according to aReuter - 222 words
-
-
STOCK EXCHANGE OF SINGAPORE 1
-
Article, Illustration4833 1991-09-07 8 Sylvia Wong - B Sylvia Wong THE latest developments in Malaysia's best-known corporate battle took centrestage yesterday as the Singapore stock market continued its steady drift downwards. News that Malayan United Manufacturing Bhd (MUM) had proposed a takeover of Inter-Pacific Industrial Group Bhd prompted heavy trading in4,833 words
-
-
Article4093 1991-09-07 9 Main Board SPH Foreign 1360 +40 +3.0% DBS Foreign 1350 +30 +2.3% Asia Pacific 1060 20 +1.9% SPH 870 +20 +2.4% Spore BusF 500 750 +15 f2.0% SPC Foreign 420 +14 3.4% Jurong Eng 50* 293 +13 4.6% C&C 550 +10 +1.9% DBS 1200 +104,093 words
-
TOKYO STOCK EXCHANGE
-
Article, Illustration2189 1991-09-07 10 Reuter TOKYO STOCKS yesterday closed higher in heavy trade but gave up afternoon highs following the release of the Bank of Japan quarterly economic survey. Prices had surged on speculation about an early cut in interest rates, but slumped immediately afterwards in aReuter - 2,189 words
-
-
STOCK EXCHANGE OF HONGKONG
-
Article, Illustration1828 1991-09-07 10 Reuter AFP HONGKONG share prices yesterday ended down after sliding steadily through the day in extremely slim trade and poor sentiment, brokers said. "Wall Street was flat and we've had dull trade all week so I don't think anyone was hoping for muchReuter; AFP - 1,828 words
-
-
Page 10 Advertisements
-
Advertisement16 1991-09-07 10 Find out how sellers reach out to buyers in Advertising and Marketing. Every Thursday in BT.16 words
-
-
KUALA LUMPUR STOCK EXCHANGE
-
Article, Illustration4122 1991-09-07 11 Reuter MBT SHARE PRICES on the Kuala Lumpur Stock Exchange closed lower yesterday on selling of index-linked stocks on a day when shares of Inter-Pacific Industrial Group Bhd took centre-stage, brokers said. Inter-Pacific, the day's most active stock, surged 29 cents to MReuter; MBT - 4,122 words
-
-
Page 11 Advertisements
-
Advertisement95 1991-09-07 11 PROPERTY CONSTRUCTION SUPPT.IffMENT 1991 A special Business Times Survey September 10,1991 How will the coming year shape up for developers and investors alike, now that the Gulf War is history? Will we see the long-expected Hongkong influx fill our new office blocks? And where are residential property prices heading? As95 words
-
-
REGIONAL STOCK MARKETS
-
NZ shares end lower despite bond rally
-
Article738 1991-09-07 12 A LACK of fresh leads on the economic front resulted yesterday in the Australian share market ending another day virtually even in directionless trade. "Very little was happening, it was all dead in the water with no one trading in any particular direction," Baring Securities broker Bruce Rolph said.738 words
-
Article299 1991-09-07 12 THE NEW ZEALAND share market ignored yesterday's bond rally, which saw yields fall significantly after Thursday's well-supported bond tender, and instead focused on the firming New Zealand dollar, to end slightly lower. The kiwi was still sharply higher at 58 US cents, up from 57.5 at the close299 words
-
Article83 1991-09-07 12 INDICES TURNOVER Close Previous Sep 6 AUSTRALIA All Ordinaries Index 1,572.0 1,571.6 -0.4 All Industrials Index 2,413.9 2,415.4 -1.6 All Resources Index 926.3 924.6 +1.7 Turnover (million) 180.6 62.6 +118 BANGKOK SET Index 728.51 723.06 +5.45 Turnover (billion baht) 3.66 3.32 +0.34 JAKARTA Composite Index 300.54 301.09 -0.55 MAHILA Composite83 words
-
Article641 1991-09-07 12 THE Jakarta Stock Exchange wallowed in dull trading yesterday, as it recovered from a week of turbulence triggered by a leading textile company's sudden reduction of profit estimates, brokers said. The market closed at 300.54 points on the index, a drop of 0.55 from the previous day. Total turnover641 words
-
Article727 1991-09-07 12 STRONG gains in the finance and real estate sectors helped push the Thai stock index up yesterday and brokers said the market looks increasingly bullish. "Investors still showed high confidence in the market and buying signs are apparent," said a broker at Ekachart Finance and Securities Co. The SET727 words
-
Article554 1991-09-07 12 SHARE PRICES yesterday slid further as investors stayed away from the market ahead of next week's Senate vote on the new US bases treaty. The Manila Stock Exchange composite index fell 11.22 points to close at 1,003.22. "Right now the market is soft to directionless while people stay on554 words
-
380 1991-09-07 12 In local currency In S$ In US$ day yew day S year day year V P 5 Index change change change ckia§t <*-f World 407.4 0.3 13.8 0.1 8.0 0.0 9 3 fEAFE 520.8 0.2 10.8 0.0 3.0 0.0 4 2 Europe 441.0 0.0 21.0380 words
-
Article812 1991-09-07 12 SEOUL's rumour-ridden stock market closed yesterday a fraction higher on buying at the lows due in part by whis- pers the government may bail out small companies facing possible debt problems, brokers said. "Rumours that small manufacturing companies face a cash crunch have floated in the market recently, depressing812 words
-
Article423 1991-09-07 12 TAIWAN STOCKS yesterday closed sharply up on renewed rumours that the central bank would lower interest rates in order to curb the rise of the Taiwan dollar, dealers said. The weighted index climbed 109.46 points or 2.4 per cent to end at 4,624.83. Turnover was a light NTS 16.63423 words
-
Article80 1991-09-07 12 BOMBAY Stock Exchange (BSE) share prices on Thursday rebounded sharply after the exchange extended the current account, brokers said. The BSE index jumped 47.59 points, or 2.70 per cent, to 1,810.21. The national index rose 18.75, or 2.24 per cent, to 858.16. The exchange put off the close of80 words
-
-
-
Page 12 Advertisements
-
Advertisement9 1991-09-07 12 Managers Must Manage BT shows you how every Monday.9 words
-
-
WORLD STOCK MARKETS
-
US stocks stall ahead of jobs figures
-
Article112 1991-09-07 13 Milan Sep 5 Lire Assi Lai ia 7921 -219 Bastogi 209 3 Fiat 5638 -47 Generali ***** -30 IfiPriv ***** -120 Itakementi ***** -60 I taigas 3228 -2 Magneti 875 unch Magneti Risp 940 39 Mediobanca ***** -65 Montedison 1335 -8 Olivetti 3435 -28 Olivetti Priv 2418 +21 Pierre! 1595112 words
-
Article, Illustration1207 1991-09-07 13 APPREHENSION about the August employment data kept Wall Street stocks trapped in a range and buying interest thin on Thursday. Shares ended mostly weaker with the Dow registering no change from Wednesday's finish. "People are taking a cautious attitude," said Ronald Hill, investment strategist at Brown Brothers Harriman.1,207 words
-
Article, Illustration693 1991-09-07 13 SHARE PRICES largely fell on the London Stock Exchange on Thursday. The Financial Times-Stock Ex- change 100-share index closed down 1.3 points at 2,663.3. Volume was 457.9 million shares, compared with 507.7 million shares on Wednesday. The Financial Times 30-share index closed at 2,092.2, down 2.0 points. The Financial693 words
-
Article419 1991-09-07 13 SWISS SHARES ended a quiet, uninspired session on Thursday. Dealers said the market lacked new factors and was waiting for the Swiss August inflation data. The all-share SPI index, which had fluctuated in a narrow two-point range, added mere 0.3 point to 1,115.0 The SMI index of leading shares419 words
-
Article76 1991-09-07 13 INDICES TURNOVER Sep 5 Cloac PrertoM NEW YORK Dow Jones 3,008.50 3,008.50 unch SAP 500 389.14 389.97 -0.83 Turnover (million) 169 156.77 +12.23 LONDON Financial Times 30 2,092.2 2.094.2 -2 FTSE 100 2,663.3 2,664.6 -1.3 Turnover (million) 457.9 507.7 -49.8 FRANKFURT DAX Index 1,647.17 1,647.91 -0.74 AMSTERDAM CBS Tendency Index76 words
-
Article241 1991-09-07 13 THE Frankfurt stock market marked time on Thursday, as the 30-share DAX spot trend index closed at 1.647.17 points, off 0.74 point or 0.05 per cent on the day. The Commerzbank indicator was up a mere 0.40 point to 1,923.50 points. Continental (tires), which was again in demand from241 words
-
Article340 1991-09-07 13 FRENCH SHARE prices ended higher on Thursday, consolidating their turnaround during the day, and oil shares bounced on strong results from Total, dealers said. The CAC-40 index finished 7.85 points or 0.42 per cent higher at 1,868.67 in turnover of 2.1 billion francs' worth of shares. It had opened340 words
-
Article307 1991-09-07 13 DRIVEN by spurts of activity, Dutch shares drifted up to a buoyant close on the Amsterdam bourse on Thursday, dealers said. The CBS Tendency Index closed at 92.5, up 0.7 points from Wednesday and higher than it has been for nearly two weeks. "I have a feeling that trade307 words
-
Article384 1991-09-07 13 GOLD SHARES in Johannesburg closed steady at their day's lows on Thursday, having shed a portion of their recent strong gains as hopes of a further rally in world gold prices failed to materialise. Gold prices are again lanquishing around US$347 an ounce after struggling to breach $350, which384 words
-
Article224 1991-09-07 13 BELGIAN SHARES closed mostly lower in thin trade on Thursday as investors stuck to the sidelines before the release of the US August unemployment figures, dealers said. The Bel 20 index of leading shares closed 0.35 per cent down at 1,140.05 with 433 million francs worth of Belgian shares224 words
-
Article266 1991-09-07 13 CORPORATE earnings and active issues were the only items keeping players attuned to the Toronto market on Thursday as equities ended an otherwise dull session unchanged, dealers said. The market remains focused on the release of US unemployment data for August. "Basically it's a treading water period. We've been266 words
-
-
-
Page 13 Advertisements
-
Advertisement22 1991-09-07 13 The Milan report was not available Managers must 4 manage.! BT shows you how every Monday Innovation Technology in BT every Tuesday22 words
-
-
CURRENCY, MONEY & FUTURES MARKETS
-
1171 1991-09-07 14 REPORTS Tokyo: The US dollar was higher against the yen and easier against the mark in slow late Asian trade yesterday as dealers kept their heads down before the US jobs data at 1230 GMT. Short-covering by speculators1,171 words
-
Article385 1991-09-07 14 Cross rates sep6 USS S$ MS Dm Yen SFr AS NZS US$ 1.7190 2.7805 1.7390 135.85 0.5905 1.5270 1.2763 1.7277 S$ 0.5817 1.6175 1.0116 79.0285 0.3435 0.8883 0.7425 1.0051 MS 0.3596 0.62 0.6254 48.8581 0.2124 0.5492 0.4590 0.6214 Dm 0.5750 0.9885 1.5989 78.12 0.3396 0.8781 0.7339 0.9935385 words
-
Article526 1991-09-07 14 Interbank rates S$ Bid Offer Overnight 5 1/4 5 3/8 1-month 5 1/16 5 3/16 2-month 5 1/16 5 3/16 3-month 5 1/8 5 1/4 Overnight mode: 4-7/8 USS Bid Offer 7 days 5 5/8 5 3/4 1 month 5 11/16 5 13/16 2 months 5 5/8 5526 words
-
423 1991-09-07 14 Reuter NEW YORK Two American inter-dealer brokers in Treasury securities are contemplating doing business directly with retail customers, thereby competing with the dealers who usually handle such trades. RMJ Securities Corp, which tried unsuccessfully to open up to retail accounts twoReuter - 423 words
-
330 1991-09-07 14 Reuter NEW YORK Steve Briese's world is divided, mathematically, into "the smart money" and "the rest" of the investing crowd, and he makes a living by chasing the former. Following some 30 markets from his 80-year-old farm house south of Minneapolis, the maverickReuter - 330 words
-
Article1126 1991-09-07 14 SIMEX EURODOLLAR Open High Low Sett Est Vol Op/lnt Vol Sep 91 94.28 94.29 94.27 94.28 2132 ***** 2492 Dec 91 93.97 93.98 93.95 93.96 ***** ***** 3592 Mar 92 93.98 93.98 93.94 93.95 7129 ***** 1541 Jun 92 93.66 93.68 93.63 93.64 1103 2651 569 Sep 921,126 words
-
-
Page 14 Advertisements
-
Advertisement7 1991-09-07 14 On target, chartpoint in BT on Saturday7 words
-
-
COMMODITIES
-
350 1991-09-07 15 Reuter MEXICO CITY Mexico is unlikely to back a coffee retention scheme proposed by fellow Latin American producers and will instead seek to forge a common plan with the US. Jenaro Hernandez, president of the Mexican Coffee Exporters Association, said officials wouldReuter - 350 words
-
372 1991-09-07 15 Reuter LONDON The next session of the council of the International Cocoa Organisation (Icco) should provide a solid base for future talks on a new cocoa agreement, but it is unlikely to make any concrete decisions, delegates said. "Member countries wereReuter - 372 words
-
822 1991-09-07 15 REPORTS MALAYSIAN crude palm oil prices yesterday rebounded in thin trade to close higher on light covering and reflecting the trend on the futures market, dealers said. They said renewed talk that India would return to the market this month and822 words
-
-
Article1344 1991-09-07 15 Rubber se P 6 RAS (<■> In tak*) S cents/kg Noon Oose IntlRSS Prompt 136.50/137.50N 136.25/137.25N Int I RSS Oct 91 137.50/138.00 137.25/137.75 Int 1 RSS Nov 138.50/139.00 138.25/138.75 Int 2 RSS OP 136.75/138.75N I36.75/138.75N Int 3 RSS OP 135.75/137.75N 135.75/137.75N Int 4 RSS OP 131.25/133.25N 131.25/133.25N Int 51,344 words
-
Page 15 Advertisements
-
Advertisement6 1991-09-07 15 Innovation Technology in BT every Tuesday6 words
-
Advertisement206 1991-09-07 15 BUSINESS TIMES TELEPHONE: 730-5771/5772/5773 FAX: 734-4982 CORRIQENDUM RE: PROPOSAL TO CHANGE OF SHIPS NAME IN THE BUSINESS TIMES ON 31 ST AUGUST 1991 BY i FIRST UNITED LINES PTE LTD The address of Palmindo Marine Pie Lid is 10 Anson Road *24-14 International Plaza, Singapore 0207. IIOHT INVESTMENTS PTE LTD206 words
-
Advertisement228 1991-09-07 15 M THE MATTER OF THE COMPARES ACT. CAP. 01 ANDWTVCMATTBIGF HEXCO ENQMEERMQ A HARDWARE PTE LTD INCORPORATED M SMQAPORq At an EjftauftSrey General Mae> got HEK3OO*3N®NG4WDWWE PTE LTD duly corvened and held pursuant to Seclon 170(B) of toe Compertes Act, Cap. 60 on toe Ist day of September 1001 .toe228 words
-
-
Article, Illustration460 1991-09-07 16 Lee Han Shih - By Lee Han Shih WITH some $3.5 billion in fixed deposits, statutory board Singapore Telecom is set to be a more aggressive investor in the region when it becomes a corporation in the next few months. Its priority will be to invest460 words
-
428 1991-09-07 16 Dexter Lee - By Dexter Lee BUOYED BY heavy international call traffic, Singapore Telecom has chalked up a record after-tax group surplus of $892.1 million to maintain its reputation as one of the Republic's most profitable statutory boards. For the financial year ending Mar428 words
-
309 1991-09-07 16 SINGAPORE TELECOM'S four subsidiaries, including one-year-old Telecom Equipment, contributed 6 per cent of group turnover in the last financial year. The amount, which works out to $133.8 million, was disclosed by Telecom chairman Koh Boon Hwee when he presented the latest annual report at309 words
-
445 1991-09-07 16 Harish Mehta - By Harish Mehta THE SINGAPORE and Hongkong subsidiaries of an American company have been indicted by a US grand jury, with the US parent and a Japanese aerospace manufacturer, for alleged illegal diversion of F-4 Phantom fighter jet parts to Iran. The445 words
-
141 1991-09-07 16 Reuter WASHINGTON China has turned the corner in its fight to contain growing population pressures and has a bright economic future, a World Bank official said in an article. "I believe that China can cope with current population pressures," said Shahid Javed Burki. WorldReuter - 141 words
-
Article, Illustration609 1991-09-07 16 MOSCOW The Soviet Union granted full independence to the three Baltic republics of Lithuania, Latvia and Estonia yesterday as its first act following the destruction of central Kremlin power. "We have recognised their independence. These republics are now separate from the609 words
-
226 1991-09-07 16 AFP NEW DELHI India invited foreign and domestic companies yesterday to prospect for oil and gas in 39 offshore and 33 onshore blocks, in a move which throws open exploration to the private sector for the first time. Petroleum Minister Shankaranand issuedAFP - 226 words
-
89 1991-09-07 16 SINGAPORE The Singapore government has recognised the sovereignty and independence of the Baltic states of Estonia, Latvia and Lithuania with immediate effect. Singapore is also ready to establish diplomatic ties with the states. In a statement yesterday, the Foreign Affairs Ministry noted that Estonia,89 words
-
349 1991-09-07 16 MBT KUALA LUMPUR JAPAN has regained its position as Malaysia's top investor with investments worth M 52.81 billion (551.74 billion) for the first six months of 1991, pushing Taiwan to second place with investments of $1.79 billion, official statistics show. JapanMBT - 349 words
-
246 1991-09-07 16 AFP SEOUL South Korea's central bank yesterday launched a probe into the Seoul branch of Indosuez Bank on suspicion that it might have circumvented regulations on managing foreign exchange funds. Three supervisors from the Office of Bank Supervision and Administration (OBSA) wereAFP - 246 words
-
Page 16 Advertisements
-
Advertisement6 1991-09-07 16 CHARTPOINT Every Saturday in Business Times6 words
-
Advertisement13 1991-09-07 16 CHARTPOINTI Every Saturday in Business Times Civil disobedience can lead to order, EL213 words
-
-
Executive Lifestyle
-
Article, Illustration1373 1991-09-07 17 Devotees of the printed word may be a rare breed in Singapore, but neither are they on the endangered list. Nirmal Ghosh tracks down some avid readers IN FRENCH film director Francois Truffaut's science fiction classic Fahrenheit 451, a fanatical dictatorship abolishes books, burning them in heapsPhoto by Chris Loh - 1,373 words
-
STRAWS IN THE WIND
-
Article65 1991-09-07 17 MUCH has been said about how some voters ignored Mr Goh Chok Tong's call for a personal endorsement in favour of bread-and-butter issues. It is a trifle ironical, then, that Gardenia bread raised the cost of each loaf by 10 cents the day after the election.65 words
-
Article55 1991-09-07 17 A CASE of too much free booze? The invitation said, come and share in the launch of a new premium scotch whisky at a grand hotel. The guests came, and yes they shared, but at least a few forgot about the alcohol content. Several guests were soon noticed55 words
-
Article65 1991-09-07 17 WITH the recent megamerger of Bank of America and Security Pacific Bank, the financial community is wondering whether more tieups will follow, possibly involving banks based in different countries. If so, the unfounded rumour of an impending merger between Japan's Nomura and America's Morgan Guaranty may65 words
-
Article42 1991-09-07 17 FOR those who don't have the foggiest idea where the electoral boundaries are, here's a little riddle to jog your memory: Where do Yishun and IGm Keat meet? Answer At Yuhua. Which is where (Yu-Foo) Yee Shoon met (Toh) Kim Kiat.42 words
-
-
OPINIONS
-
Article847 1991-09-07 18 Andrea Borch - Bangkok suffers from massive traffic jams and it has far too few phone lines. The result: the Thai capital is in danger of losing its appeal to foreign investors, says Andrea Borch Andrea Borch The writer is a BT journalist ANY business promoter847 words
-
Article, Illustration256 1991-09-07 18 P J George - LETTERS TO THE EDITOR P J George I REFER to the news item "SIA takes tough stand over alleged 'illegal BA fares'" (BT, Sep 4). I am amazed that in these days of free-market economics and competition, SIA should have the256 words
-
194 1991-09-07 18 Henry Tan - Henry Tan THE swing in votes to the opposition at the General Election is due to the SDP's by-election strategy and protests at rising costs which hit low income groups. For instance, the HDB carpark fee was upped 100 per cent194 words
-
Article1203 1991-09-07 18 Maggie Ford - Maggie Ford examines the reasons for the economic success of the Asian dragons Maggie Ford The writer is a Jakarta-based journalist who contributes to BT THE economic advance over the past decade of the four Asian dragons Singapore, Hongkong, Taiwan and South Korea continues to1,203 words
-
Article, Illustration852 1991-09-07 18 A J Leow - A J Leow says contrary to popular belief, civil disobedience can lead to order A J Leow The writer is a journalist with BT's Foreign Desk THE rebel, particularly one of the political ilk, is often a figure viewed with suspicion. More often than852 words
-
-
SPORTS
-
332 1991-09-07 19 AFP NEW YORK Legendary Jimmy Connors continued to defy logic and wrote another glorious chapter for the record books here on Thursday when he stormed into the semifinals of the United States Open for an incredible 14th time. The 39-year-old American, five timesAFP - 332 words
-
Article, Illustration836 1991-09-07 19 US Open AP NEW YORK Jim Courier's planets are orbiting just perfectly now that he's knocked off friend and willing foil Pete Sampras, the brooding defending champion, to reach the US Open semi-finals. Ivan Lendl, a master of his own universe in five-set epics, is just asAP - 836 words
-
Article, Illustration567 1991-09-07 19 NYT NEW YORK The main lesson from Jimmy Connors is that there is no lesson at all. We learn nothing from him, except perhaps to be enthusiastic. We cannot imitate what his body has done at the age of 39, and we dareNYT - 567 words
-
392 1991-09-07 19 AFP MONZA, Italy- Italy's fanatical motor racing fans, without a world champion of their own since Alberto Ascari killed himself here in 1955, will be urging Britain's Nigel Mansell to win today's Grand Prix. The Briton, known as "II Leone" in Italy, leftAFP - 392 words
-
SIDE LINES
-
174 1991-09-07 19 GRAND RAPIDS, Michigan When Arnold Palmer won the Western Open 30 years ago, he did it with his long game. His performance in this week's Senior PGA Tour depend on his short game. Palmer, making his first appearance in the First of America174 words
-
Article72 1991-09-07 19 ST ANDREW'S, Scotland -r- After a 13-year absence,. South Africa will add team golf to the sports in which it has ended its international exile when it debuts in the US$l.6million Dunhill Cup next month. Organisers asked the South African team led by veteran Gary72 words
-
Article90 1991-09-07 19 SAN FRANCISCO A 1938 jersey worn by New York Yankee baseball player Lou Gehrig fetched a record U*****,000 at an auction of sports memorabilia, a spokesman for Richard WolfTers Auctions Inc said on Thursday. The flannel jersey, which before the auction had been expected to90 words
-
Article48 1991-09-07 19 CRANS-SUR-SIERRE, Switzerland Scottish golfer Gordon Brand Jr shot an 8-under-par 64 on Thursday to take a one-stroke lead in the first round of the U*****,000 European Masters-Swiss Open tournament. Manuel Pinero of Spain and England's Glenn Ralph were tied for second at 65.48 words
-
Article71 1991-09-07 19 NEW YORK Robert Helmick, president of the US Olympic Committee, will discuss with the USOC's executive board on Saturday reports that he worked as a paid consultant to several companies with ties to the Olympic movement. USA Today reported on Thursday that Helmick, also a71 words
-
-
Article264 1991-09-07 19 Reuter NEW YORK- Former champions Steffi Graf and Martina Navratilova renew their great rivalry while teenage sensations Monica Seles and Jennifer Capriati continued theirs in the US Open women's semi-finals yesterday. The top-seeded Graf and sixth-seeded Navratilova were to play for the first time in almost twoReuter - 264 words
-
Article, Illustration651 1991-09-07 19 AP OAKVILLE, Ontario Craig Stadler and Jim Benepe had modest expectations for the first round of the Canadian Open. "I didn't expect to get out of bed," Stadler said on Thursday. "I got a cold in Japan last week and (then) it decided to escalateAP - 651 words
-
-
EPICURE
-
Article609 1991-09-07 20 Quek Swee Peng - Quek Swee Peng indulges in old favourites at Goodwood Park's Gordon Grill Quek Swee Peng THERE WAS no apostrophised 'n' at all. No Bangers 'n' Mash. No Fish 'n' Chips. No Steak 'n' Kidney. There was the obvious salmon: marinated Scotch salmon dressed in a caviar609 words
-
-
LIFESTYLE
-
Article, Illustration864 1991-09-07 21 Stuart Marshall - The Swedes are known for building safe cars. But fast cars? Stuart Marshall reviews the new Saab and discovers he's driving a Ferrari-chaser Stuart Marshall FT Above all, Saab's latest product, the 9000 CS, is an intelligent car. No, it is not stuffed full of computers. ItFT - 864 words
-
Article, Illustration962 1991-09-07 21 N K Yong - N K Yong writes about a famous but rare Spanish wine that is often uttered in the same breath as Chateau Petrus and Romanee-Conti N K Yong VEGA SICILIA, Spain's greatest and most famous red wine, is almost962 words
-
Article, Illustration361 1991-09-07 21 Sybil Holloway - Sybil Holloway reviews the Cavendish Invitational Pairs bridge tournament Sybil Holloway WHEN play ended in the Covendish Invitational Pairs at the Loew's Summit Hotel, 51st Street and Lexington Avenue, Manhattan, the victory went to a European partnership for the third time in four years. It is361 words
-
-
PURSUITS 1
-
Article, Illustration851 1991-09-07 22 As Singapore's historic Raffles Hotel prepares to reopen its doors, Salil Tnpathi reflects on its past and present splendours HERE was a time I when young EuropeI an men were dying in trenches because all was not so quiet on Western Front. Gandhi was -tehirning to IndiaPhotos by Arthur Lee - 851 words
-
Article, Illustration642 1991-09-07 22 Backdrafi's predictable plot cannot be saved by the drama of its subject, observes Nirmal Ghosh KURT RUSSELL is Stephen McCaffrey, the son of a heroic fireman killed in action. A cowboy firefighter with the Chicago Fire Department and always on the verge of real recklessness, he has an642 words
-
Article, Illustration766 1991-09-07 23 S N Vasuki - S N Vasuki meets Doris Lessing and finds her disillusioned with feminism and the politics of the left, but optimistic about the future S N Vasuki DORIS Lessing is the grand dame of fiction. The distinguished British writer was in Singapore last week, her first visit766 words
-
Article, Illustration645 1991-09-07 23 RINGO LIEW - CD Review By RINGO LIEW 808 SEGER AND THE SILVER BULLET BAND: The Fire Inside After a five-year hiatus since his last album, the king of American heartland rock is back to reclaim his throne. Assailed during his absence by pretenders like John Cougar Mellencamp,645 words
-
-
PERSONAL FINANCE & INVESTMENT 2
-
DON'T QUTE ME!
-
Article173 1991-09-07 24 Lee Han Shih - Compiled by Lee Han Shih THE GUYS Down Under are trying to change their image, but do not be surprised if you have not seen any difference yet. So far the changes seem to be directed mainly at the Japanese, those rich yellow settlers they173 words
-
Article88 1991-09-07 24 WHATEVER the perception Japanese may have of Australia, nobody will deny that they do pump a lot of money there. Now, Daimaru is trying to get some money out of the country. Nfcxt Wednesday, Daimaru will launch the first full scale Japanese department store in Australia. The88 words
-
Article130 1991-09-07 24 REACHING the Japanese through Nikkei seems to be the hot tftmg to do nowadays. Soon after the Australia piece, a two-page feature on Singapore also popped up in the Aug 24 issue of Nikkei. The title, given the recent emphasis on foreign investment, is predictable. "Singapore gilds130 words
-
Article49 1991-09-07 24 IT IS interesting to see how statistics change. For example, in the EDB ad in Nikkei, Singapore is quoted as producing "60 per cent of the world output of hard disk drives". Inside Singapore itself, however, the figure most often quoted is actually only 50 per cent.49 words
-
-
Article, Illustration1422 1991-09-07 24 Magdalene Ng - Everyone knows that Malaysia's Genting group is a good investment. But exactly which company in the group? Magdalene Ng has the tips STOCK Magdalene Ng SO, YOU like the Genting group and want to invest in it. After all, it is one of Malaysia's bluest blue1,422 words
-
Article, Illustration663 1991-09-07 24 Goh Hiang Fong - CHART By Goh Hiang Fong TIMING is one of the key elements in successful investing or trading, whether you are a short-term or long-term investor. It is quite easy for investors to be whipsawed when they buy into the market thinking that it663 words
-
Article, Illustration961 1991-09-07 25 Kooi Cho Teng - Child care centres seem to be sprouting up all over Singapore. Kooi Cho Teng finds out what it takes to start one ON YOUR Kooi Cho Teng Many people are likely to be tempted by the investment prospect of what they see as961 words
-
Article, Illustration913 1991-09-07 25 Arul Inthirarajah - Want to take a peek into the future to find out where the market is headed? Arul Inthirarajah shows you how to do it Arul Inthirarajah The writer is a financial consultant with a US-based firm of investment bankers and brokers. The opinions expressed here are entirely913 words
-
-
JOBS
-
Article, Illustration1533 1991-09-07 26 S N Vasuki - The CRG 1991 Singapore Compensation Survey reveals that the banking sector leads the pack once again in terms of total annual remuneration paid to its executives. But don't bank on a big raise this year. S N Vasuki reports S N Vasuki Management salaries1,533 words
-
Article, Illustration311 1991-09-07 26 Mr Tan Bong Lin has been appointed Managing Director of the Singapore office of Smith Barney, Harris Upham Co, a leading US securities brokerage and investment banking firm. Mr Tan will be responsible for developing the securities brokerage, commodity trading and investment banking activities in South-east Asia. Prior311 words
-
-
Article952 1991-09-07 27 Flight ETA night ETO Abu Dhabi GA890 0050 Adelaide QF81 1820 SQ227 QF82 2200 2200 A&JMIN RJ183 0030 Amsterdam SQ19 KL837 0755 1255 SQ24 KL838 SQ38 GA890 0100 2240 2330 2350 Hmdtmi NZ21 SQ338 1820 2030 NZ22 1930 Bahrain GF148 1000 BiHHifMf! GA525/ 910 1755 B952 words
-
THE TRAVEL PAGE
-
Article, Illustration740 1991-09-07 27 Yu Chin Fun - LETTER FROM SARAWAK By Yu Chin Fun DEEP in the jungles of Sarawak's Gunung Mulu National Park stand the Pinnacles, limestone needles that tower some 45 metres. Shaped by nature over five million years, they are a rare sight, believed to be found only in about five740 words
-
Article152 1991-09-07 27 As at 3pm yesterday: Local dollars to one unit of foreign currency Currencies Bid Offer Australian dollar 1.3453 1.3568 Canadian dollar 1.4892 1.5117 NZ dollar 0.9844 0.9993 Sterling pound 2.8986 2.9233 US dollar 1.7148 1.7188 Local dollars to 100 units of foreign currency Austrian schilling 13.91 14.12152 words
-
Article48 1991-09-07 27 Duration Title Venue Organiser Td j Sep 3-8 Furniture and Helsinki, The Finnish Fair *****5091 Interior Finland Corporation Decoration Sep 4-7 Cattle Asia *91 Bangkok Conference *****66 j Duration Title Venue Organiser fd Intl Beef Exhibition Dairy Cattle Management Equipment Services Technology Pte Ltd Conference <.48 words
-
-
TIME OFF
-
Article124 1991-09-07 28 SSO Concert Conductor Choo Hoey. Soloist: Oliver Eisenmann, (organ). Programme includes Mozart's Symphony No 41 in C: Guilmant's Symphony No I for Organ and Orchestra op 42; and Dvorak's Symphony No 5 in F op 76. Venue: Victoria Concert Hall. Today. 8.15pm. Jack and the Beanstalk Singapore Dance Theatre's124 words
-
Article, Illustration203 1991-09-07 28 Yasotha M - Compiled by Yasotha M Beijing Rong Bao Zhai's Original Paintings Exhibition Exhibition on original paintings from Beijing Rong Bao Zhai. Featuring 99 original works by renowned artists from China. Venue: Orchard Point Exhibition Hall. Ends tomorrow. llam-7pm. Exhibition: Frontiers of Chaos The exhibition views two new frontiers: the first203 words
-
-
Article, Illustration639 1991-09-07 28 Duck Tales, The Movie. The movie to see if you can really convince yourself that it's not obscene for ducks to go around town without their pants on. For this movie, they go around in search of a lost lamp. This Walt Disney cartoon also features a naked dog.639 words
-
-
Page 17 Advertisements
-
Advertisement308 1991-09-07 17 I nno n 24-hour "Loan Information Service Approval'' 3343 5 8 8 33 4 36 8 8 I 1 Today, one watch reigns supreme. Ws#i^^E®^ff@i^^^^l ft- 1 -®A fri. &v.fr Ultrj-thm Royal Oak m 18kt gold, diamonds set bezel and bracelet, full pave dial. BA *****/477 BA (Gents) BA *****/722308 words
-
-
Page 18 Advertisements
-
Advertisement24 1991-09-07 18 BT welcomes letters from you. Address them to: The Editor, Business Times, 390 Kim Seng Road, S'pore 0923. Letters should include your contact numbers.24 words
-
-
Page 18 Miscellaneous
-
Miscellaneous42 1991-09-07 18 OOONESBURY BY GARRY TRUDEAU HEY, MIKE, you seta HIM MIK3,NO6OW ACTUALLY, HE ,/yy, PIP I MENTION MHO&e> I SENT Horn* WHte> MMTSTD SEEMEPPFSITY ME UK ON A ZONKZR? HIM HOME. PARENTS* UVEWITH UPBEATAOOUT HXEP INCOME yOW& UJHERE HGPfIRCNIS! IT. C™ A**/* j42 words
-
-
Page 20 Advertisements
-
Advertisement205 1991-09-07 20 WHEBE TO WIHt, DIME MID ENTERTAIN WHERE TO WINE. DINE AND ENTHBTAIH WHfßi: Tn Mime mHf v PWHecss x EH grePcimAer M&0 .•••now on Fridays and Saturdays From now on, our Chinese Porridge Buffet will be served only on Fridays and Saturdays from 10.30pm to 3.30 am but at the205 words
-
Advertisement352 1991-09-07 20 TOfLW ooime&jf SUNDAY TEMPTATIONS Every Sunday, Nutmeg's brings to you exquisite culinary surprises, fine wines and champagnes and the relaxing chords of our jazz musicians. Seafood delicacies, Sunday favourites, local specialities and even a touch of American, await the family for a peaceful Sunday. For $34.50++ per person and $17.26++352 words
-
Advertisement170 1991-09-07 20 AW Why worry about breakfast or lunch on I Children's a Suncla y morning? Come down Vc^ for brunch with your whole family and Activities at feast on a delectable spread of hot f Fi in yT.amac dishes, soups, appetizers and run/vjames desserts, all prepared to I N Comer! T/j170 words
-
Advertisement369 1991-09-07 20 The GEORGE ft ROBERT All Stars I Quartet j\J jazz group at the Kasbah a n The formed by Swiss saxophonist Gsorgs Robert ;<* commjpnorata ths 700 th snnlvsrssry of S«rfft«rf»nd on #i s lour around ths world, comprises flour gsorgs Robert (saxophone. clsrinst aiijlompasor), Edgsrdo Osdo" Moroni (pisno). Isis369 words
-
-
Page 20 Miscellaneous
-
Miscellaneous24 1991-09-07 20 TUtr^ a» y// 8 <*r, a ri !l n ML 5u M 5 8 &>f/ K y BS HOtSTf ft\ 9* H F* 5*24 words
-
-
Page 21 Advertisements
-
Advertisement144 1991-09-07 21 AND ENTERTAIN (Still v. 1 i l£x> A scrumptious buffet selection for the adults. Cartoons and toys for the kids. Eveiy Sunday. 11 am to 2.30 pm. Adults $31 Kids $19++ For reservations, ANA HOTEL pleaw call 732-1222 ext 1582/1597. ...^JNCATOgI Tetepnon* (65) 732 1222 Top CANTO Pop Sing and144 words
-
Advertisement79 1991-09-07 21 The Hilton-Brtttsh Airways Playhouse BRUCE PATRICIA MONTAGUE BRAKE Septamt>af 15 25 )991 Dont S|f Dress For nf Dinner 11 MARCCAMOLETTI H V«oim: HWoo Grand RoNnxyn *7.15pm: Pw-dinoar Cocktail *7.45pm: Dlnnw *9.15pm: lh«<rti*. Dtmc Louno«Sull(UogMt*(l mm Ttckvti al 115 n«tl Oodu»>v« o< tax**) avatobte Irom tv» m n itiiMjul mm W79 words
-
-
Page 22 Advertisements
-
Advertisement36 1991-09-07 22 HfMiiiii;: SEPTEMBER 1991 $4.50 PUIS A FREE BRIDES MAOASNE WIN BEST FASHION $25,000 BUYS UNDER $100! Bf NON-CONSUMMATION: s WHAT'S THE REAL SO-EASY^SLIMM^ING! 'm AT^H^S x.' m^ T.rrm \f > y A %>^ FREE <& BRIDES e>* MAGAZINE /Qr36 words
-
-
Page 23 Advertisements
-
Advertisement110 1991-09-07 23 L\ m m m m v 1"' m m. >/.' -M-A* 31 Hyatt Kuantan What cx>uld be better? Sparkling blue waters, light casuarina-scented breezes and glorious sunshine all day. Also offered, is a dizzying list of all the things you could do; waterskiing, windsurfing, sailing, golf, tennis, trekking.... Or, if110 words
-
-
Page 24 Advertisements
-
Advertisement195 1991-09-07 24 t* J* ij- w t.- ]■>- J > rm /i ■■■■■■■■IIBBaBH JOIN US M IKE lASTBT INVESTMENT RAQ CONTEST. WE'LI GIVE YOU I li\Ti AYim 5100^)00TOSTARTTHEBAILROUJNG- U wYes. The race is on. To pit your money-making skills and instincts against other financially-minded readers. You will be required to play Hwl195 words
-
-
Page 25 Advertisements
-
Advertisement210 1991-09-07 25 Quick and Easy. Get instant cash for your shares over the counter at any of our 28 branches Scripless Counters are also acceptable Loans from $2,000 to $100,000 Borrow for one, two or three months < Use the loan for any purpose No monthly repayments. Return the amount borrowed at210 words
-
-
Page 26 Advertisements
-
Advertisement190 1991-09-07 26 BUSINESS TIMES TELEPHONE: 730-5937/5902/5942 FAX: 734- 4 9 8 2 ACCOUNT MANAGER SO/ A Market Leader in Software Technology Asia-Pacific Region Attractive Salary Bonus If you libe to be a bey member of a progressive and committed team geared to successfully meet the demands and challenges of strong economic growth190 words
-
Advertisement176 1991-09-07 26 Advertisement NOMINATIONS OPEN FOR 1991 SINGAPORE BUSINESS AWARDS DHL Worldwide Express notable contribution to corporate their own businesses or marv and Business Times have management and business agers of subsidiaries or divisions launched the prestigious 1991 achievement in Singapore. of large local or multinational Singapore Business Awards. The search is176 words
-
-
Page 27 Advertisements
-
Advertisement41 1991-09-07 27 Zurich fly to Europe with Finnair. (And the not so well-off too.) because Finnair flies a superb twice-weekly route from Singapore to Helsinki and then II over 30 European destinations. Call *****77 for details. We know Europe from start to Finnish.41 words
-
Advertisement6 1991-09-07 27 Innovation Technology in BT on Tuesday6 words
-
Advertisement38 1991-09-07 27 MY \M MP '■»J> < A^Mf paint their portrait of >tmh« the perfect representative. m^BSg Plus a quick review of what the election results ll3Bs2E*l mean. In our Post-election Special in NEWS NEWSY Weekender today from Monday to Saturday.38 words
-
-
Page 27 Miscellaneous
-
Miscellaneous306 1991-09-07 27 1111 ill *****1111BBMMM 1 A little bit of tobacco gets Hi^H— up one's nose (5,2,5) 8 Opposing Ernest, one hesi- j—^ tantly applying a short j I I I 1 I scale (7) """■■"""■■""""■H"" 9 Went round in par perhaps at coastal location 11 I I I I I I306 words
-
Miscellaneous169 1991-09-07 27 World forecast Asia-Pacific Hi/Lo* Cond. Auckland 17/10 Windy 8angk0k....... 34/25 Fair Beijing ....27/17 Cloudy Brunei 31/24 Showers Hongkong 32/27 TStorm Jakarta 32/23 Fair Kuala Lumpur 33/24 Showers Manila 31/25 Showers Melbourne 17/07 Fair Perth 19/12 Rain Seoul 31/22 Cloudy Sydney 19/08 Gear Taipei 35/27 Windy Tokyo... 32/22 Showers Wellington 15/08169 words
-
Miscellaneous52 1991-09-07 27 f 1 f f J— Thus is Tv 4£ UFe... Mar SUM... -J rr-r nr 1 Goldol SPtND-.. IWE. moßmoftNG I 'IF Him MfcTlft HA*PC n OF TVC S6A.AMD oywy RPPIO I ill* .1 f\ of appropriate fl It V* H i ft WUSG it JI fr cx *4D TVC52 words
-
-
Page 28 Miscellaneous
-
Miscellaneous1591 1991-09-07 28 TODAY'S TV jHBB 8.30 Mouserdse. Angkasapuri 3pm, SBC 5 Travd Travel, 12.30pm, SBC 5 10.00 The Bugs Bunny Show A racing driver and his wife Steamboating in the Missis- mj^kHp (Cartoon). share a blissful marriage until sippi is what's in store in this s e,lc r Sh*whe gets into an1,591 words
-
Miscellaneous623 1991-09-07 28 MOVIES ON TV Fandango, Tues, 8.30pm, TV 2 guarantees that this is not A chance to watch Kevin y° ur re B ular B movi< r Costner in his pre-wolf days Touted as her best film, it Here, he's young enough to has her P la y» n B a623 words
-