The Business Times, 26 September 1992
1992-09-26
1
30
https://www.nlb.gov.sg
https://eresources.nlb.gov.sg/newspapers/browse/biztimes
The Business Times
-
Title Section17 1992-09-26 1 Business Times MITA (P) 35/12/91 Weekend Edition, September 26-27 1992 THE BUSINESS PAPER FOR S-E ASIA 75*17 words
-
NEWS & MARKETS SUMMARY
-
71 1992-09-26 1 WASHINGTON Orders for expensive durable goods dropped for a second straight month in August, the US Commerce Department said yesterday, as business backlogs shrank steadily. Last month's 0.1 per cent decline in orders followed a revised fall of 2.7 per cent71 words
-
Article44 1992-09-26 1 LONDON British Coal, the state-owned mining concern, said yesterday it would more than halve the 1,000-strong staff at its Daw Mill colliery near Birmingham. A total of 580 staff will lose their jobs at Daw Hill, British Coal said.44 words
-
Article23 1992-09-26 1 WALL STREET stocks fell yesterday morning. The Dow Jones average dropped 10.26 points to 3,277.61 in the first hour of trading.23 words
-
Article25 1992-09-26 1 LONDON share prices fell early yesterday. At 1145 GMT the FT-SE index of 100 leading shares was down by 6.6 points at 2,614.6.25 words
-
Article26 1992-09-26 1 SINGAPORE Aerospace (SAe) Ltd's net earnings for the six months ended June 1992 rose 7.6 per cent to $10.2 million. Page 326 words
-
Article27 1992-09-26 1 THE Association of Banks in Singapore fully supports proposed legislative change to make "account payee" cheques non-transferable, said ABS chairman Ernest Wong yesterday PageS27 words
-
Article24 1992-09-26 1 THE global currency crisis is likely to syphon off aid to developing countries, says World Bank president Lewis Preston Page 724 words
-
Article, Illustration29 1992-09-26 1 Friday Change BT-MGA 650.96 4.90 Kuala Lumpur ....602.60 +9.53 Tokyo 18,394.76 -215.19 Hongkong 5,686.16 +27.43 Sydney 1.496.4 -10.8 Thursday Change New York 3,287.87 +9.18 London 2,621.2 +40.729 words
-
Article24 1992-09-26 1 Excfcanft rates US$ §S 1.6010 100 Yen SS 1.3248 MS SS 0.6378 Money Miidt rates Overnight I 3/4 +1/2 3-month I 11/16% unch24 words
-
Article34 1992-09-26 1 London Cold AM fix US$348.35 -US$0.55 s'porc Oct.... 141.75*/kg +150 M'sia Oct..... 219.50»/kg unch KL Tin Turnover 26tonnes -16 Spot M$ 16.19/kg -0.11 Credo palm oil Turnover 813 lots -381 Oct M$881/tonne -234 words
-
-
Article, Illustration622 1992-09-26 1 Alvin Tay - More home-buyers prefer prime rate as benchmark for loans By Alvin Tay SINGAPORE DBS Bank, Singapore's banking giant, has begun to sell housing loans with interest rates pegged to its prime lending rates, a move that could change the way such loansSource: MAS - 622 words
-
321 1992-09-26 1 Loretta McLaughlan - By Loretta McLaughlan SINGAPORE The rising level of activity on the Singapore International Monetary Exchange (Simex) has encouraged a sudden sale this week of all 25 new seats which the exchange put on ofTer in May. Within a couple of321 words
-
298 1992-09-26 1 Kevin Clarke, Conrad Raj - By Kevin Clarke, Conrad Raj SINGAPORE Singapore Airlines is looking to acquire a 10 to 20 per cent stake in the Australian carrier Qantas. An SIA spokesman said yesterday that such a stake "should give us board representation and cost298 words
-
236 1992-09-26 1 AP DALLAS Ross Perot, the Texas billionaire, has decided to re-enter the presidential race, The Ijos Angeles Times reported yesterday. Citing unnamed sources, the paper said Mr Perot had decided "reluctantly" to get back into the contest after concluding that President GeorgeAP - 236 words
-
472 1992-09-26 1 Alvin Tay, Stephen Vines - Non-local currency business forms bulk of turnover By Alvin Tay, Stephen Vines in HONGKONG SINGAPORE has overtaken Switzerland as the world's fourth largest foreign exchange maiket, after London, New York and Tokyo in that order, a survey among 26 central banks472 words
-
Page 1 Advertisements
-
Advertisement135 1992-09-26 1 Nikon Photographic Syatom. COVER jWBB 111 11 ***** n 1 VIEWPOINT 1 PURSUIIS FINANCE Boat Quay Ifff Where S'pore Robert Chua Leisure gear Eddie Murphy Trading in renews can learn on training for for life iiMJJPjI J gets exotic itself JgSjjSSjgl fromHK the big league after work monotonous currencies Aircraft135 words
-
Advertisement328 1992-09-26 1 Nikon TtwWbrid'sFtoMt WWuyphte By*»m. Hock Lock Siew: Time to review policy of secret reserves, Pgr3 One of the great designs of this century And probably the next. 7Hk» Royal Oak, band-made and individually numbered uith ultra thin quartz movement, water-resistant to 5 atm 8A***** 789 The Royal Oak is instantly328 words
-
Advertisement6 1992-09-26 1 Global forex transactions surge, Back Pg6 words
-
-
PAGE 2 NEWS
-
Article, Illustration339 1992-09-26 2 Chuang Peck Ming - Plenty of opportunities for tie-ups with mutual gains: Aussie PM Reports by Chuang Peck Ming SINGAPORE Australia is open for business and looking for partners in Asia, Australian Prime Minister Paul Keating said yesterday. There are plenty of opportunities for tie-ups that offer339 words
-
272 1992-09-26 2 SINGAPORE Comment.iflg on the Singapore econois "not at all hazardous", Qut anyone leaking or receiving confidential official data does so at his own risk, Singapore's High Commissioner the United Kingdom has •siid in a letter to the Financial Times. Mr Abdul Aziz Mahmood272 words
-
165 1992-09-26 2 SINGAPORE As host to the Asia-Pacific Economic Cooperation grouping's secretariat, Singapore will be at the centre of important trade policy choices in the coming years, visiting Australian Prime Minister Paul Keating said yesterday. Addressing a business seminar, he described the secretariat as the165 words
-
311 1992-09-26 2 SINGAPORE Condominium dwellers faced with wa-ter-seepage problems in their units must share the repair costs equally, the Strata Titles Board said yesterday. Board president TPB Menon gave the ruling after hearing a dispute between the owners of two units in Allsworth Park311 words
-
Article76 1992-09-26 2 Bernama LIMERICK, Ireland Malaysia will study the possibility of establishing an all-inclu-sive free zone for high technology industries, including aviation, Prime Minister Mahathir Mohamad indicated here yesterday. Such a zone, to be modelled on the Shannon Free Zone in Ireland, could either be located onBernama - 76 words
-
278 1992-09-26 2 SINGAPORE The National Development Ministry said yesterday it would raise the qualifications for resident engineers and clerks-of-works supervising structural projects. National Development deputy secretary Ho Cheok Sun said the change would apply from December and only to new projects. This would avoid278 words
-
233 1992-09-26 2 SINGAPORE Hanoi has reserved a second export processing zone for Singapore companies near Danang in central Vietnam, even though response from Singapore investors to the first such zone, in Ho Chi Minh City, has been poor. Le Van Triet, Vietnam's Minister for233 words
-
Article57 1992-09-26 2 Corrections clarifications THE Japanese Embassy in Singapore has clarified that the Liberian-registered tanker Nagasaki Spirit involved in a collision in Indonesian waters on Sunday is not a Japa- nese vessel. Mention of the tanker was made in BT yesterday in its editorial and in the report "KL wants international meeting57 words
-
528 1992-09-26 2 'My bankruptcy is something personal between Henry Wee and I' SINGAPORE Indonesian businessman Mr Tjetty said he was made a bankrupt because he refused to pay a claim of $18,000 from his cousin and former business associate, Henry Wee. Clarifying earlier press reports,528 words
-
Article, Illustration517 1992-09-26 2 Teh Hooi Ling - By Teh Hooi Ling SINGAPORE Total manufacturing investment in Singapore, which has been growing steadily for the past years, is likely to hit the $3 billion mark this year, Deputy Prime Minister Lee Hsien Loong said yesterday. Pointing to a record517 words
-
Article, Illustration215 1992-09-26 2 SINGAPORE Finance Minister Richard Hu is one of the world's best finance ministers, says Euromoney, the UK-based monthly magazine which bills itself as "The journal of the world's capital and money markets". The magazine has named Dr Hu as one215 words
-
-
Page 2 Advertisements
-
Advertisement95 1992-09-26 2 BUSINESS TIM ES TOW fr— TW No 737 0Q43 Fax No: 734 3686 1 Wanted for U.S. owned petrochemical equipment engineering/manufacturing firm established in Singapore Fabrication Applicants must be experienced Q|an4 in steel/alloy fabrication I lull I techniques including pressure vessels, heat exchanqers etc., Mananpr a,s be ami,iar typical liiaiiajjbl95 words
-
-
COMPANY NEWS 1
-
Article, Illustration455 1992-09-26 3 Genevieve Cua - Net profits up 7.6 pc to $10m By Genevieve Cua SINGAPORE Govern-ment-linked Singapore Aerospace Ltd (SAe) yesterday said first-half net earnings rose a modest 7.6 per cent from a year earlier to $10.2 million although turnover surged 33.7 per cent to $206.4455 words
-
222 1992-09-26 3 SINGAPORE In one of the smallest rights issues in recent years, Jurong Engineering is making a $10.5 million cash call on shareholders to finance the purchase of construction equipment and to pay down bank borrowings. The cash call, in the form222 words
-
198 1992-09-26 3 SINGAPORE ANA Hotels made a net profit of $874,000 at half tune, compared to a net loss of $3.61 million for the same period last year, as turnover surged 43 per cent to $18.41 million from $12.87 million. This was198 words
-
630 1992-09-26 3 Conrad Raj - THE HOCK LOCK SIEW COLUMN By Conrad Raj SINGAPORE Now that Hongkong appears ready to drop the veil of secrecy surrounding the inner reserves of its banks, it may be time for Singapore to review its own policy630 words
-
455 1992-09-26 3 Lilian Ang - By Lilian Ang SINGAPORE United Engineers Malaysia Bhd (UEM), a subsidiary of diversified conglomerate Renong Bhd, turned in robust interim net earnings of M 560.02 million (5538.3 million), up 34 per cent from the same period the year before. UEM released its results455 words
-
128 1992-09-26 3 SINGAPORE The Straits Trading Company Ltd has reported an 11 per cent drop in net earnings for the first half of this year, despite a 67 per cent rise in turnover. Net earnings slipped to $14.7 million, from $16.5 million in first-half 1991. Turnover,128 words
-
COMPANY BRIEFS
-
28 1992-09-26 3 SINGAPORE United Engineers Limited yesterday announced that it has appointed Thai Chee Ken and Lai Teck Poh as non-executive directors of the company.28 words
-
Article37 1992-09-26 3 SINGAPORE Resources Development Corporation (RDC) yesterday announced that companies associated with: Temasek Holdings have sold 117,(XX) shares for $268,964, leaving Temasek with a direct and deemed interest in RDC of 34.32 per cent.37 words
-
Article28 1992-09-26 3 SINGAPORE San Teh Ltd's alternate director, Huang Chian-Ming, has bought 30,000 San Teh shares for a total of $29,400, the group said yesterday.28 words
-
Article39 1992-09-26 3 SINGAPORE G K. Goh director Goh Yew Lin has bought an additional 50,000 shares in G K Goh Investment Holdings, at $0.60 per share. The transaction brings Mr Goh's total interest to 260,000 shares.39 words
-
33 1992-09-26 3 SINGAPORE Sing Investments Finance Ltd yesterday said Lee Fee Huang will retire as the company's director and relinquish his positions as chairman and managing director from Sep 30, 1992.33 words
-
Article26 1992-09-26 3 SINGAPORE Directors of General Securities Investments Ltd have announced that the company's net tangible asset backing per share at Aug 31 was 52.07.26 words
-
Article94 1992-09-26 3 KUALA LUMPUR Malaysian Helicopter Services Bhd (MHS) has recorded a 71.3 per cent rise in operating pre-tax profit to M$ 14.94 million (559.56 million) for the six months to June 30, 1992, against M 58.72 million in the previous corresponding period. A MHS statement here94 words
-
-
161 1992-09-26 3 SINGAPORE Material Handling Engineering Ltd, which makes conveyor belts and automation systems, has posted a net loss of $738,000 for the year to June 30, 1992, compared with a profit of $1.21 million previously. The Scsdaq-listcd company also reported a 26 per cent drop161 words
-
133 1992-09-26 3 SINGAPORE Construction company Ssangyong Cement (Singapore) Ltd carried on where it left off last year by recording a 56.8 per cent rise in interim net earnings to $6.7 million, compared with $4.8 million a year ago. Buoyed by strong construction activity, the construction company's net133 words
-
COMPANY BRIEFS
-
Article75 1992-09-26 4 HONGKONG China's Shenzhen stock exchange will set up a central accounting centre and distribute shares on a regional basis, a senior official said on Thursday. The exchange will also allow foreign securities brokers to become members, Shenzhen Vice-Mayor Zhang Hongyi was quoted as saying by the75 words
-
Article105 1992-09-26 4 HONGKONG Around 200 small to medium-size local brokers have signed a letter demanding an extraordinary general meeting of the Stock Exchange to decide whether to raise brokers' minimum commission, according to industry sources. The Exchange held informal gatherings with members in late July on how to105 words
-
Article88 1992-09-26 4 LONDON Former boxer-turned-property tycoon George Walker narrowly escaped bankruptcy on Thursday, thanks partly to the recent devaluation of the pound. Walker, who founded and ran British leisure firm Brent Walker Group pic until he was axed last year, persuaded 75.82 per cent of creditors owed £180 million88 words
-
Article56 1992-09-26 4 S£OUL South Korea's Samsung Electronics Co announced yesterday that it had developed what it described as the world's most sophisticated semiconductor. Samsung successfully developed a "fully working die" 64-mega Dynamic Random Access Memory (DRAM), which can confain eight million letters on a chip as large as56 words
-
Article95 1992-09-26 4 TOKYO Toshiba Corporation said on Thursday that it has developed the world's smallest electromagnetic motor, with a diameter of just under a millimetre. The company said the tiny motor is a major step towards the development of micromachines that can be inserted into the human body95 words
-
Article115 1992-09-26 4 WASHINGTON Foreign semiconductor makers increased their share of Japan's market to 16 per cent in the second quarter of this year from 14.6 per cent in the first quarter, Carla Hills, the US Trade Representative, announced on Thursday. The sharp jump follows three quarrers115 words
-
-
Article, Illustration443 1992-09-26 4 Additional restructuring will widen forecast losses, says firm NYT LOWELL, Massachusetts Wang Laboratories Inc, which filed for bankruptcy protection in August, informed customers and investors on Thursday that its results for the fiscal year that ended on June 30 would be farNYT - 443 words
-
413 1992-09-26 4 Reuter HONGKONG A Guangzhou pharmaceutical firm said it is seeking approval to become the first non-local company to list shares on China's Shenzhen Stock Exchange. A finance official at stateowned Baiyunshan Pharmaceutical, who identified himself only as Huang, confirmed late on Thursday that hisReuter - 413 words
-
261 1992-09-26 4 FT LONDON Imperial Chemical Industries of the UK and Du Pont of the US are close to a compromise with European Community competition authorities *hich would allow both companies to proceed with a planned swop of worldwide chemical assets. TheFT - 261 words
-
358 1992-09-26 4 FT MILAN Fiat, Italy's biggest private-sector company, yesterday reported a further steep setback in profits with a fall to 655 billion lire (*****.4 million) pre-tax in the first half of this year from 1,455 billion lire in the same period of 1991.FT - 358 words
-
260 1992-09-26 4 Reuter HONGKONG Allied Group Ltd has signed two major property deals with China in the northern coastal province of Shandong worth hundreds of millions of US dollars, said a company official on Thursday. Allied has already invested in a number of ChinaReuter - 260 words
-
456 1992-09-26 4 AFP SYDNEY BHP Co Ltd expressed concern here yesterday that the forthcoming billion dollar rights issue for its newest acquisition Foster's Brewing Group Ltd might become a victim of "the Westpac factor". "The rights issue has already been hit by theAFP - 456 words
-
419 1992-09-26 4 Reuters BOMBAY Indian stock exchange chiefs met official market regulators yesterday to hammer out ways of reforming the bourses to make them fairer for investors in the wake of the country's biggest financial scandal. Heads of major stock markets met officials from the SecuritiesReuters - 419 words
-
-
Page 3 Advertisements
-
Advertisement135 1992-09-26 3 I IN THE MARKET PAGES u: KL index higher 11 HK stocks rebound 13 I INVESTING IN AUSTRALIA OR NEW ZEALAND? I I Call ANZ Bank Singapore Branch on 535 8355 for your banking H I needs. We have been in Singapore for over 17 years. I We specialise in135 words
-
-
Page 4 Advertisements
-
Advertisement346 1992-09-26 4 NOW, A HIGHWAY TO INDONESIA ECONOMIC BUSINESS 9j I STRATEGY igßySjpl In today's competitive business world, information is a key factor which will give the edge. And, to get to the heartlands of Indonesia's economic and business affairs, C* one magazine more than any other, has more to show, tell346 words
-
-
FINANCIAL NEWS
-
363 1992-09-26 5 Paul Leo - Deregulation in Asia-Pac financial sector throws up opportunities By Paul Leo SINGAPORE Driven by strong customer demand, regional currencies appear to be coming into their own. At least one bank, Banque Indosuez, has deemed it important enough to set up a 24-hour regional363 words
-
362 1992-09-26 5 Shoeb Kagda - By Shoeb Kagda SINGAPORE Baring Securities, hit by huge losses in its European and Japanese markets, is cutting 108 jobs in the most affected markets. The cuts, however, will not affect Baring's Singapore operations nor any of its other362 words
-
373 1992-09-26 5 Soh Tiang Keng - By Soh Tiang Keng SINGAPORE The Association of Banks in Singapore has backed the proposed change in legislation to give legal status to the words "account payee" written on a crossed cheque with or without the word "only" written on it ABS373 words
-
287 1992-09-26 5 Bloomberg HONGKONG Hongkong interest rates, currently at their lowest levels for more than four years, are unlikely to rise until the second half of next year, according to an economic report released by Hongkong and Shanghai Banking Corp.Bloomberg - 287 words
-
234 1992-09-26 5 Reuter DUBLIN THE Irish government's decision to change the tax laws and attract private trusts to Ireland could give a major boost to Dublin's International Financial Services Centre. "This will be a shot in the arm. Key players around the world willReuter - 234 words
-
378 1992-09-26 5 Exchanges allowed to expand activities Reuter WASHINGTON Representatives of both Houses of Congress have approved a Bill to strengthen regulation of US futures markets and allow futures exchanges to expand their activities. The full Congress is expected to vote next week on the measureReuter - 378 words
-
Article, Illustration410 1992-09-26 5 Bloomberg, Reuter SYDNEY Pressure is mounting on Westpac Banking Corp's board of directors to resign in the wake of the bank's failed rights issue. Underwriter CS First Boston Securities, which found itself stuck with ASBB3 million (S$ 1.01 billion) worth of unsoldBloomberg,; Reuter - 410 words
-
SMALL CHANGE
-
89 1992-09-26 5 TAIPEI Taiwan, eager to become a regional financial centre, will take further steps to liberalise its financial markets next year, the central bank said yesterday. The central bank's planned moves include importing equipment to facilitate trading by brokers in major foreign currencies, bringing in89 words
-
Article97 1992-09-26 5 HONGKONG Hongkong's banking sector and money market are expected to remain buoyant through the second half of the year and into 1993, the Hongkong and Shanghai Banking Corp's monthly economic report said. The bank said the local finance sector registered strong growth in the first97 words
-
Article79 1992-09-26 5 TOKYO The joint venture entity to be set up by banks in December will buy real estate assets that can be easily resold promptly after purchase, the Nihon Keizai newspaper said yesterday. The entity will transfer the money raised from the sales to member banks, which79 words
-
Article50 1992-09-26 5 BANGKOK The Commerce Ministry will urge the soon-to-be-formed Thai government to establish an agricultural futures market, the ministry's senior bureaucrat said. Past government price support and other measures have not helped farmers, but have made them dependent, said Bajr Israsena, the Commerce Ministry's permanent secretary.50 words
-
Article65 1992-09-26 5 NEW YORK Continental Corp said it will take US$32O million (Sssl2 million) in pre-tax charges in the third quarter for losses from Hurricanes Andrew and Iniki and to withdraw from "non-strategic" businesses. The insurance company also accepted the resignation of its president and chief operating65 words
-
-
Article, Illustration497 1992-09-26 5 DBS Bank weekly currency review US$/DM: lull before the storm? After reaching a high of 1.5305 marks last week, overbought conditions in daily stochastics saw the US dollar retrace to a low of 1.4670 on Tuesday. Support at 1.4650 held and buying interest subsequently497 words
-
-
Page 5 Advertisements
-
Advertisement8 1992-09-26 5 The attraction of exotic currencies, EL Pg 88 words
-
Advertisement58 1992-09-26 5 BUSINESS TIMES Toll-free Tel No; 737 0043 Fax No: 734 3608 FAR EASTERN FREIGHT CONFERENCE SABAH, BRUNEI AND SARAWAK FREIGHT CONFERENCE FAR EAST/GULF OF ADEN AND RED SEA PORTS CONFERENCE Notice to Shippers CAF RADICAL REVIEW Recent changes in exchange rates have triggered a reduction in CAF to 6.00 percent58 words
-
-
THE REGION
-
NOTE BOOK
-
88 1992-09-26 6 BANGKOK Myanmar's four-year-old military junta has given top government jobs to senior figures in the armed forces, despite its pledge of an eventual transition to civilian rule. The Navy and Air Force chiefs and three regional army commanders were made ministers, Radio Rangoon announced88 words
-
Article58 1992-09-26 6 MANILA Philippine police have busted a kidnap-for-ran-som gang preying on wealthy ethnic Chinese but at least two more victims have been snatched by other groups, officials said here yesterday. Three former soldiers and a civilian were arrested in suburban Manila on Thursday, after President Fidel58 words
-
Article, Illustration49 1992-09-26 6 MIJfoAN, Indonesia Older asthmatics should remember the .old wives' tale that the heart of a fruit bat cures the resjprfatory condition. If you're a believer, then get on the next flight and look up Desy (above) who runs a stall which sglllive fruit bats. Bon appetit!49 words
-
Article48 1992-09-26 6 KUALA LUMPUR Malaysia yesterday put out an appeal to merchant ships not to dump sludge and other effluents in the Straits of Malacca, following allegations that some were taking advantage of oil spills from a ruptured tanker on fire in the narrow waterway.48 words
-
-
263 1992-09-26 6 AFP UNITED NATIONS France and Indonesia will be taking fresh action soon to get the Cambodian peace process moving again, diplomats said on Thursday. The French and Indonesian foreign ministers, Roland Dumas and Ali Alatas, have agreed that all Cambodian parties mustAFP - 263 words
-
261 1992-09-26 6 AFP HONGKONG Vietnam will plough on with its privatisation drive, despite resistance from most of the seven enterprises chosen to shed 100 per cent state ownership, a Vietnamese official said on Thursday. Dang Due Dam, director for financial markets at Hanoi'sAFP - 261 words
-
404 1992-09-26 6 Brian Gomez - From Brian Gomez in SYDNEY SOUTH-EAST ASIAN investors, especially from Singapore and Hongkong, have been taking significant losses and pulling out of Australian equities for the past six months. One institution facing the brunt of this regional selling activity is the Sydney-based BOS404 words
-
205 1992-09-26 6 Reuter WASHINGTON Vietnam may grow into an economic "tiger" in Asia as the nation steadily reforms its economy, the head of the International Monetary Fund said on Thursday. "We may have another tiger in Asia, I feel pretty confident ofReuter - 205 words
-
-
SHIPS IN PORT
-
Article681 1992-09-26 6 Vend Yoy No Berth km* Depart™ Vtaal »oy No Berth AnM Departure Artie" 1 P#rt 9202 12/3 alongside 26.09/1200 Hye Nkeko 120/92 J5 alongside 26.09/0500 Ivana J12 alongside 26.09/1930 J*o/B *****/92 112 atongs*le 2609/0100 Lucky Star 9/92 J2 alongsrte 26 09/0600 Mendoza J7 alongside 26.09/1200 Nazk K681 words
-
Article110 1992-09-26 6 h the roads: Valetta N, Korean Sapphire, Alam Indah, Malayan Success, Pacific Diamond, Alam Tenteram, Fort, Adventure Queen, Minado, Bunga Kiara, Bunga Kiambang. Agpstinbo Neto, Santos, Shoko, Yu Qmg, Aries Gas, Young Sportman, Malayan Princess. Dm on Sep 25: Petro Vista, Eagle Sea, ACX Swan, Aries. Out110 words
-
Article1380 1992-09-26 6 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Record Bookine/Batance Rdb Ship Voy No Etb/Btr Period From To From A Ventue 07/388 28/1000 i 25/1500 25/1659 25/1900 2 25/1700 26/0659 26/0900 3 26/0700 26/1159 26/1400 4 26/1200 26/1459 26/1700 ACX lade 104A 27/0700 1 25/1500 25/1659 25/1900 21,380 words
-
-
THE WORLD
-
Article, Illustration423 1992-09-26 7 World Bank chief says richer countries trimming aid Reuter WASHINGTON The global currency crisis poses yet another problem for developing nations, threatening to syphon off aid and pushing prosperity further and further into the future, the head of the World Bank said on Thursday.Reuter - 423 words
-
390 1992-09-26 7 Reuter MEXICO CITY A stronger yen, accentuated by the European currency turmoil, is opening up a policy option for Japan to lower interest rates further, which would be good news for the United States. But Japanese officials, who want to save a rateReuter - 390 words
-
Article, Illustration602 1992-09-26 7 Plan said to involve Germany, France and the Benelux nations AP BONN Germany strongly denied on Thursday that it had agreed with France to forge a "little Europe" of core economies within five years, leaving European allies like Britain on thAP - 602 words
-
463 1992-09-26 7 Reuter NEW YORK The United States said it is willing to consider expanding the UN Security Council to include Germany, Japan and other states but the issue is extremely complicated and will take some time before any decisions can be made.Reuter - 463 words
-
WORLD WATCH
-
50 1992-09-26 7 TOKYO Japan's Sagawa corruption scandal has taken its-' toll on Prime Minister Kiichi Miyazawa. pushing his public support rating down for the first time in five months. Support for Mr Miyazawa's government fell to 29.6 per cent this month, down 4.6 percentage points from August.50 words
-
53 1992-09-26 7 WASHINGTON Richard V Secord, a leading figure in the Iran-Contra affair, said that he believed that George Bush was more involved than had been acknowledged in the arms-for-hostages deals with Iran in the mid-1980s. But Mr Secord added that he had no direct evidence to53 words
-
Article, Illustration34 1992-09-26 7 BADALING, China Balloonist Dee Shapland Cornwall, UK, flys his one-man rig over the Great WaD"*a| Badaling outside the Chinese capital. Some 112 competitors are here for the Beijing International Ballon Championship/34 words
-
Article60 1992-09-26 7 BRASILIA A Chamber of Deputies panel overwhelming-' 1 ly approved a recommendation that President Collor de Mello be impeached, moving the process forward to a full Lower House vote. The panel also rejected Collor's request to have the Lower House present evidence and call witnesses60 words
-
-
Article264 1992-09-26 7 UPI BONN The sharp appreciation of the deutschemark during the recent turmoil in European currency market could lead to a further drop in German exports and, as a result, a worsening of the already gloomy economic outlook, analysts said on Wednesday. "The recent developments inUPI - 264 words
-
Article, Illustration275 1992-09-26 7 US PRESIDENTIAL AFP NEW YORK College students think Democratic presidential candidate Bill Clinton would be a better lover, while President George Bush would be a better baby-sitter, according to a new poll. The survey, done by satirical Spy magazine and TDK tape manufacturer,AFP - 275 words
-
423 1992-09-26 7 Financial Times LONDON David Mellor resigned as National Heritage Secretary on Thursday night after accepting finally that a summer-long onslaught by tabloid newspapers and more recently from Conservative MPs made it impossible for him to remain in his job. Prime Minister JohnFinancial Times - 423 words
-
-
Page 7 Advertisements
-
Advertisement10 1992-09-26 7 Downfall of David Mellon Oh no. Minister, Opinions, EL 210 words
-
-
STOCK EXCHANGE OF SINGAPORE 1
-
Article, Illustration81 1992-09-26 8 Quak Hiang Whai - By Quak Hiang Whai D&C BANK has been rising within a band since the beginning of this year. This upward trend appears to be intact even as the stock surges towards the resistance of $1.50, a level it hasn't been able to breach in the past seven years.SOURCE: BRIDGE INFO - 81 words
-
Article, Illustration3932 1992-09-26 8 Sylvia Wong - Market springs to life on buying orders for Malaysian counters By Sylvia Wong INVESTORS who had been nibbling at Malaysian stocks in recent days ended the week with a spurt of orders. The brisk business in these counters rubbed off3,932 words
-
-
Article3169 1992-09-26 9 CMB Packaging 515 +25 +5.1% Semb Shipyard 705 +20 +2.9% B Sembawang 685 +15 +2.2% Keppel Corpn 580 +15 +2.7% RDC 236 4 13 +5 8% NatSteel 50* 280 +11 +4.1% CAC 575 +10 +1.8% DBS Foreign 1130 +10 +0.9% F&N Wt 126 +10 +8.6%3,169 words
-
Page 9 Advertisements
-
Advertisement129 1992-09-26 9 Shine) YOUR KEY TO BE ITER BUSINESS DECISIONS! Shine is Singapore Press Holdings' infbrich database financial statements highlights, graphs, latest results team: T. S. Liu on 740 1035, Hazel Ong on 740 1771 on Teleview, which incidentally is the most advanced and company news. or Tony Chia 4 videotext system129 words
-
-
Article3379 1992-09-26 10 M1SC Foreign 476 +40 +9.2% Rashid Hussain 188 +28 17.5% UMW 366 +18 +5.2% Uniphone Tel 270 +18 +7.1% NST 265 +17 +6.9% M Banking 595 +15 +2.6% D&C Bank 50« 134 +10 +8.1% Land General 145 +10 +7.4% M Cement 50* 279 +9 +3.3%3,379 words
-
Page 10 Advertisements
-
Advertisement366 1992-09-26 10 BUSINESS TIMES Toll free Tel No 737 0043 Fax No: 734 3698 JI Ik ANA HOTELS {m SINGAPORE LTD. (Incorporated in the Republic of Singapore) The directors announce the unaudited results of the company for the six months ended June 30, 1992. 1992 1991 Jan Jun Jan Jun (Ssj (Ss)366 words
-
-
KUALA LUMPUR STOCK EXCHANGE
-
Article, Illustration5462 1992-09-26 11 Bernama KUALA LUMPUR prices closed higher after rallying strongly from mid-morning in hectic trading yesterday. Buying of component stocks propelled the KLSE Composite Index up 9.53 points to 602.60, breaching the 600 level for the first time since Aug 5 when it endedBernama - 5,462 words
-
-
CHINA STOCK EXCHANGES
-
Article, Illustration427 1992-09-26 12 CLSA THE DOMESTIC market in Shenzhen climbed 1.5 per cent in the first hour of trading yesterday but the rise was short-lived. The index fell for the rest of the day to close at 2,459.09 points, a drop of 49.1.CLSA - 427 words
-
-
JAKARTA STOCK EXCHANGE
-
Article, Illustration951 1992-09-26 12 JAKARTA STOCKS closed lower in quiet half-day trade yesterday, brokers said. The Official Index ended 0.3 of a point lower at 297.52 from Thursday's 297.82. "Most investors stayed on the sidelines and the few who were active were very selective," one951 words
-
-
STOCK EXCHANGE OF THAILAND
-
Article, Illustration2165 1992-09-26 12 Reuter TRADE in finance and securities shares amounted to more than a third of total market value yesterday, but losses by property issues eased the Bangkok stock index to a lower close, brokers said. The SET Index ended down 4.44 points at 859.17Reuter; Source: Bridge Info - 2,165 words
-
-
Page 12 Advertisements
-
Advertisement59 1992-09-26 12 I I I I 111 I I I I I I I I I I I 111 I I I I Find out in I I| I IHI Ift I I I w I I■ I I fill Personal Investment and Finance. 111 I II H Ift I II I59 words
-
-
TOKYO STOCK EXCHANGE
-
Article, Illustration2532 1992-09-26 13 Reuter TOKYO stocks closcd near their day's lows in dull trade yesterday. Profit-taking and index-linked sell programs took their toll on prices ahead of the weekend and next week's half-year bookclosing, brokers said. The yen's firmness and hopes of easier credit provided support on theReuter - 2,532 words
-
-
STOCK EXCHANGE OF HONGKONG
-
Article, Illustration2469 1992-09-26 13 Reuter HONGKONG shares rebounded on bargain-hunting by local and Chinese investors yesterday, but rumourlinked weakness on key blue chips prevented bigger gains, brokers said. The blue chip Hang Seng Index, which slid nearly 20 points in morning trading after Thursday's 53-point loss, moved upwards through theReuter - 2,469 words
-
-
AUSTRALIAN STOCK EXCHANGE
-
Article, Illustration2046 1992-09-26 14 Reuter THE FALL-OUT from Westpac's failed rights issue ricocheted through the Australian share market yesterday, causing prices to fall across the board. Rattled by the inability of underwriters CS First Boston to sell more than AsBoo million in excess stock, buyers deserted domesticReuter; Source: Bridge Info - 2,046 words
-
-
REGIONAL STOCK MARKETS
-
NZ shares slightly lower after firm start
-
Article51 1992-09-26 14 INDICES TURNOVER ClOM Sep 2$ Pit*io® NEW ZEALAND NZSE-40 Capital 1.467.70 1.771.94 -4.24 MANILA Composite Index Turnover (mil pesos) 1.389.61 340 1.386.42 307 3.19 33 TAIPEI Weighted Price Index Turnover (NTS billion) 3.472.50 10.3 3.540.48 9.7 -67.98 +0.6 SEOUL Composite Stock Index Turnover (billion won) 525.57 154.25 523.35 210.45 +2.2251 words
-
Article297 1992-09-26 14 NEW ZEALAND shares ended slightly lower yesterday after a firm start on relatively low volume. The NZSE-40 Capital Index ended 4.24 points down at 1,467.70 after earlier going as high as 1,483.70. Turnover of 9.7 million shares worth NZ$l6.2 million was low and reflected general caution following on297 words
-
Article505 1992-09-26 14 TAIWAN SHARE prices closed much lower across the board yesterday on late selling after initial losses due to very thin trading interest, brokers said. The Weighted Index dropped 67.98 points to close at 3,472.50. Turnover remained thin at NTS 10.3 billion against NTS 9.7 billion. Brokers said impatient investors505 words
-
Article123 1992-09-26 14 TRADING in Bombay was confined to only half an hour yesterday as traders marked the death of a former president of the exchange. Prices were little changed. The BSE Index rose 9.63 points to 3,256.59. The National Index moved up 6.11 points to 1,469.95. The direction of the index123 words
-
Article554 1992-09-26 14 MANILA STOCKS settled slightly higher in quiet trade yesterday, pushed by bargain-hunting in blue chips, dealers said. The Manila Stock Exchange Composite Index gained 3.19 points to end at 1,389.61. The oils, which lifted the market this week, opened strong, but gave in to profit-taking later. "We're in a554 words
-
Article766 1992-09-26 14 THE SEOUL stock market drifted higher in featureless trading yesterday but brokers said individual investors were still staying away, awaiting better news to break the general gloom. The Composite Index added 2.22 points to 525.57 with turnover easing to 154.25 billion won. Winners outnumbered losers 415 to 293 and766 words
-
-
-
WORLD STOCK MARKETS
-
US stocks snap three-day losing streak
-
Article, Illustration1300 1992-09-26 15 NEW YORK stocks closed moderately higher in quiet trading on Thursday, rebounding from a three-day losing streak with the help of a rally in the bond market. The Dow Jones Industrial Average recouped 9.18 points to 3,287.87. The New York Stock Exchange Composite Index edged up 0.56 to1,300 words
-
Article, Illustration780 1992-09-26 15 SHARE PRICES firmed on the London stock exchange on Thursday on hopes of new interest rates and the greater confidence on Wall Street, dealers said. At the close, the FT-SE Index of 100 leading shares was up by 40.7 points to 2,621.2 points. The FT-30 closed up 34.9 points780 words
-
Article216 1992-09-26 15 FRANKFURT stocks were hit by sizable losses on Thursday, and operators said the market was still depressed by turbulence on the foreign exchange market. The DAX SPot Trend Index closed at 1,530.94 points, down by 1.79 points by comparison with the Wednesday close. The Commerzbank indicator shed 2.2 per216 words
-
Article173 1992-09-26 15 FRENCH SHARE prices ended a nervous Thursday little changed, with many operators unsure if France had fended off franc speculators and unwilling to bet on the market. The CAC-40 Index ended 0.57 point higher at 1,829.50. Some 1.9 billion francs of shares changed hands. Shares lost their gloss after173 words
-
Article392 1992-09-26 15 SWISS INVESTORS showed little reaction to a half-point cut in the Swiss National Bank's discount rate to 6 per cent, and the market closed slightly easier. The SMI Index of leading shares closed 3.5 points lower at 1,909.9. "The discount rate cut came a bit late in the day392 words
-
Article262 1992-09-26 15 DUTCH SHARES started with good gains on Thursday, but these ebbed away on an erosion of the dollar and the evaporation of hopes for near-term cuts in mark-bloc interest rates, dealers said. The EOE Index fell gradually all day from its 292.39 initial high, closing just 0.61 up at262 words
-
Article193 1992-09-26 15 BANK SHARES led a rise on the Stockholm bourse on Thursday, encouraged by a government pledge to build a safety-net under the country's shaky financial system. The General Index rose 0.2 per cent to close at 709.58 in strong trade of 661 million kroner. The Top--16 Index rose 0.43193 words
-
Article257 1992-09-26 15 BELGIAN SHARES closed firmer on Thursday, bolstered by optimism throughout the day that interest rates would be lowered, dealers said. The Bel-20 Index of leading shares ended 0.84 per cent higher at 1,121.58. The Belgian central bank lowered its overnight intervention rate by 10 basis points as the market257 words
-
Article336 1992-09-26 15 INDEX-LINKED industrial and financial blue chips posted strong gains on Thursday on what analysts said was "window-dressing" of portfolios by unit trust funds ahead of the month-end. "Investors are still cautious about the overhang of potential violence which may result from the ANC's planned march on KwaZulu," a dealer336 words
-
Article284 1992-09-26 15 TORONTO STOCKS finished mixed after a quiet Thursday session as the market searched for direction. "Nothing is really going to happen in this market until after the Oct 26 referendum," one dealer said. The TSE 300 finished 5.8 higher at 3410.1 on volume of 27.2 million shares valued C284 words
-
Article73 1992-09-26 15 INDICES TURNOVER NEW YORK Close PIWHMB Sep 24 Dow Jones SAP 500 Turnover (million) 3,287.87 3,278.69 418.47 417.44 187.96 205.40 9.18 1.03 -17.44 LONDON Financial Times 30 FTSE 100 Turnover (million) 1,936.7 2,621.2 665.3 1,901.8 2,580.5 731.1 34.9 +40.7 -65.8 FRANKFURT DAX Index 1,530.94 1,557.83 -1.79 AMSTERDAM EOE Index 291.3973 words
-
Article106 1992-09-26 15 Milan Sep 24 Lire Assitalia 5255 unch Bastogi 88 +1 Fiat 3621 43 Generali ***** Ifi Priv 7230 240 I taigas 2670 -40 Italcementi 7055 -220 Montedison 1137 +37 Mediobanca 9350 190 Magneti 510 unch Magneti Risp 590 24 Olivetti 1715 -25 Olivetti Priv 1715 unch Pirelli Spa 1040 -38106 words
-
-
-
Page 15 Advertisements
-
Advertisement26 1992-09-26 15 The Milan market report was not available Don't miss 3 Pafter E I JSYI I 18 Wlgu When people want fast results they call C.A.T.S. 737-116626 words
-
-
CURRENCY, MONEY & FUTURES MARKETS
-
1174 1992-09-26 16 ASIA Tokyo: The dollar closed firmer against the yen yesterday, but easier against the mark, from New York. Pre-weekend short-covering pushed up the dollar against the yen, while mark sales for yen by local investors forced the dollar down against1,174 words
-
Article414 1992-09-26 16 Cross rates Sep 25 USS SS MS Dm Yen SFr AS NZS USS 1.6020 2 5090 1.4815 120.60 0.5855 1.2980 1.3831 1.8587 SS 0.6242 1.5662 0.9248 75.2809 0.3655 0.8102 0.8634 1.1603 MS 0.3986 0.64 0.5905 48.0670 0.2334 0.5173 0.5513 0.7408 Dm 0.6750 1.0813 1.6936 81.40 0.3952 0.8761414 words
-
Article547 1992-09-26 16 Interbank rates S$ Bid Offer" Overnight 1 3/4 1 7/8 1-month 11/2 1 5/8 2-month I 5/8 1 3/4 3-month I 11/16 1 13/16 Overnight mode: 1-5/8 LS$ Bid Offer 7 days 3 11/16 3 13/16 ,1 month 3 3/8 3 1/2 2 months 3 1/4 3 3/8547 words
-
378 1992-09-26 16 Reuter LONDON Collared floating rate notes (FRNs) offer a clever alternative to fixedrate Eurobonds but, dealers said, these deals may prove a costly experiment. Lack of arbitrage and a positive sloping US yield curve has prompted a flood of "mini-max" floating rate deals.Reuter - 378 words
-
Article1495 1992-09-26 16 SIMEX Euwoooujm Open High Low Sett Est Vol Act/Vol Op/lnt Dec 92 96.78 96.80 96.78 96.79 8000 ***** ***** Mar 93 96.73 96.75 96.72 96.73 7000 5556 ***** Jun 93 96.43 96.44 96.42 96.43 2500 2224 9831 Sep 93 96.04 96.07 96.03 96.05 1125 850 3557 Dec 931,495 words
-
-
Page 16 Advertisements
-
Advertisement6 1992-09-26 16 Innovation Technology in BT every Tuesday6 words
-
-
COMMODITIES
-
445 1992-09-26 17 Reuter LONDON The European Community (EC) sugar regime faces a major review next year under serious threat from a possible Gatt agreement, sugar analysts and officials said. "The present Gatt negotiations are the biggest challenge to the sugar regime since its establishmentReuter - 445 words
-
195 1992-09-26 17 Reuter JAKARTA The Association of Tin Producing Countries (ATPC) is likely to continue its export quotas next year but will probably increase the total tonnage, a senior official attending the ATPC executive committee meeting said. "We agreed in principle to continue the supplyReuter - 195 words
-
736 1992-09-26 17 REPORTS SINGAPORE: Rubber futures finished the afternoon session higher yesterday in brisk trade led by consumer enquiries and pre-weekend covering, brokers said. China and Russia were reported to have bought RSS3 and RSSI respectively, recently, leading to local dealer and European covering, brokers said. At736 words
-
Article1497 1992-09-26 17 I i nnr 'iMiiiiiii i»i<i»imn«iimuiin»iin« wwimiwuiii Rubber MS CwnHty C»riiMH» (fwtrt* dwhg a« at lp«) KSS1C—trad (S cents/kg) Close Volume Open Month High Low Sett (tonnes) Interest Oct 92 0.00 0.00 141.75 0 1,175 Nov 140.25 140.25 140.50 250 3,325 Dec 139.00 138.25 138.75 400 4,825 Jan/Mar 93 136.251,497 words
-
-
Page 17 Advertisements
-
Advertisement1315 1992-09-26 17 BUSINESS TIMES, Toll free Tel No 737 -0043 'Fax No; 734-3606 mmm TRANSMARCO LIMITED MMMt (Incorporated in the Republic of Singapore) Loft Start Cf itMiait The tolowmg than cflrtifcatt his bnn reported lost or dntroysd Certificate No In the Named Shaw* nf ti nn ***** Chan Shee Heng 1,000 NOTICE1,315 words
-
-
322 1992-09-26 18 Almost everything could be opened to foreign investment Reuter HONGKONG China is likely to open up almost all industries to foreign investment and scrap administrative restrictions on imports after a crucial Communist Party meeting next month, a pro-Beijing daily said yesterday.Reuter - 322 words
-
248 1992-09-26 18 Reuter BEIJING China yesterday denounced a US plan to sell 12 anti-submarine helicopters to Taiwan and warned Washington of serious consequences if it did not revoke it. The foreign ministry said in a statement the deal violated an accord which formed the basisReuter - 248 words
-
372 1992-09-26 18 AFP, Reuter BONN Chancellor Helmut Kohl yesterday ruled out any realignment of the French franc and deutschemark, despite the turbulence on the currency markets, and stoutly defended the Maastricht Treaty for European Community (EC) union. "There is no need for a realignment," MrAFP,; Reuter - 372 words
-
Article, Illustration349 1992-09-26 18 AFP U'TAPAO, Thailand Asian fears of aggression on the part of Tokyo are unfounded, said Japan's Ambassador to Thailand as 30 Japanese peacekeepers for Cambodia arrived here. "We are well aware of the past history. We understand that there are such fears amongAFP - 349 words
-
176 1992-09-26 18 UPI TOKYO Political strongman Shin Kanemani yesterday turned over to prosecutors a written statement admitting he received US$4 million (556.4 million) in illegal contributions from a mob-related company at the centre of a massive scandal threatening Prime Minister Kiichi Miyazawa's Administration. In anUPI - 176 words
-
Article, Illustration395 1992-09-26 18 AFP BANGKOK Chamlong Srimuang, leader of democracy protests in May that led to bloodshed on the streets of Bangkok, turned down a Cabinet post in Thailand's new government yesterday. "I really cannot accept a position because to do so would not beAFP - 395 words
-
388 1992-09-26 18 NYT WASHINGTON Figures released on Thursday by the US Federal Reserve Bank and other central banks suggest that the ability of the leading economies to defend their currencies on the world's foreign exchange markets has slipped markedly in the past threeNYT - 388 words
-
Article, Illustration369 1992-09-26 18 London's daily turnover rose 62pc to USs3o2b over past 3 years Bloomberg NEW YORK The daily volume of foreign exchange transactions across the globe has surged over the past three years, according to the triennial surveys conducted by central banks. The surveys showed that London retainedBloomberg - 369 words
-
266 1992-09-26 18 AFP BANGKOK Thailand has suspended the licences of dozens of companies suspected of using fake export documents to send nearly 1.5 million more garments to the United States than allowed under quota agreements, reports said yesterday. Thai officials fear the unlicensed floodAFP - 266 words
-
Page 18 Advertisements
-
Advertisement6 1992-09-26 18 INVESTMENT Every Saturday in Business Times6 words
-
Advertisement11 1992-09-26 18 Germany denies it's forging a mini Europe with France, Pg 711 words
-
Advertisement12 1992-09-26 18 Every Saturday in Business Times Crisis seen destabilising poor nations, Pg 712 words
-
-
Executive Lifestyle
-
Article, Illustration1211 1992-09-26 19 Jaime Ee - Something interesting is rising out of the renovation rubble at Boat Quay. Jaime Ee checks out its progress and talks to the restaurateurs who have already been drawn to the waterfront Jaime Ee STUMBLE upon Boat Quay one of these days and you will find a giant pile1,211 words
-
STRAWS IN THE WIND
-
Article50 1992-09-26 19 IF EVER you're stumped for an exhibition title, take a cue from one recent exhibition in Hongkong. According to the South China Morning Post, an exhibition on modern industrial cleaning equipment was titled 'Cleanex'. For sure the place must have been swarmed with people with runny noses.50 words
-
Article63 1992-09-26 19 NEWER aeroplanes have TV screens down the aisle which give passengers up-to-date information such as altitude, outside temperature, etc. Returning to Singapore on a Pakistan Airlines flight recently, one passenger noticed this on the screen: "Distance to destination: 11 km. Time to destination: 0.00 hrs." Now you know63 words
-
Article55 1992-09-26 19 IF YOU can't find the Raffles Medical Group at Marina Square, don't worry. If you look it up in the shopping centre's directory, you'll find it listed under "Food and Entertainment". Maybe the guys at Marina think that food is medicine. Or maybe the doctors at Raffles believe that55 words
-
Article40 1992-09-26 19 IF YOU thought Kim Eng Securities was just a stockbroking firm, think again. Overheard in its reception area was this telephone conversation: "Hello? Mimi? No, there's no Mimi here what? No, we don't have aerobics classes here."40 words
-
-
OPINIONS
-
Article930 1992-09-26 20 Tye Kim Khiat - What makes the Hongkongentrepreneur different from his Singapore counterpart? Tye Kim Khiat looks at two recent exhibitions in Australia for the answer Tye Kim Khiat The writer is a Melbourne-based journalist who contributed this comment to BT WHAT is it that Hongkong has that Singapore hasn't?930 words
-
Article, Illustration889 1992-09-26 20 Neville Stack - Neville Stack chronicles the events which led to the downfall of British politician David Mellor Neville Stack The writer is a UK-based journalist who contributed this comment to BT WHEN Admiral Byng faced the British naval firing squad during the Napoleonic war for failing to press home889 words
-
Article712 1992-09-26 20 Samuel Pisar - Samuel Pisar makes an impassioned plea for European union Samuel Pisar The writer is an international lawyer in Paris and New York, and author of Of Blood and Hope IHT BLESSED land of enlightenment and culture, accursed land of bigotry and violence, must EuropeIHT - 712 words
-
-
VIEWPOINT
-
Article, Illustration1728 1992-09-26 21 Margaret Thomas - f CONVERSATIONS RAFFLES SMA president Robert Chua talks to Margaret Thomas about the key areas that must be tackled by both businesses and the government if Singapore is to realise its economic vision of the future Margaret Thomas A BUSINESS grows like the steps of aPhoto by Arthur Lee - 1,728 words
-
Article725 1992-09-26 21 WHEN Robert Chua, 46, told a class of MBA students the story of how his father, with just six years c}f education, was able to build a business out of nothing, the students weren't very impressed. "They said, 'Yes, in your father's day there were plenty725 words
-
573 1992-09-26 21 The jobs that go beyond satisfying oneself NOBODY wanted the job when it became vacant four years ago, so Robert Chua agreed to become president of the Singapore Manufacturers Association. Why did he do it? "Maybe it's in my blood," says Mr Chua,573 words
-
-
EPICURE
-
Article, Illustration573 1992-09-26 22 Julie Chatterjee - Julie Chatterjee savours the creations of Chez Pauline's Andre Genin Julie Chatterjee WHEN in Paris, eat at Chez Pauline, they say. It's a Michelin-star eating house just two minutes away from the Palais Royale at Rue Villedo. But that's not the case anymore, for if the573 words
-
-
LIFESTYLE
-
Article, Illustration693 1992-09-26 23 Nirmal Ghosh - Nagraland is enjoyable, even exhilarating, despite moments of tediousness, says Nirmal Ghosn Nirmal Ghosh Nagraland. A mythic island kingdom, part-Bali, partAngkor, partial? Lanka, the original EmerIsle. It is not difficult to £fcoess where Dick Lee's inspi.nation came from in conceivNagraland. ■.r.-*The musical opens with as city-bred Chris693 words
-
623 1992-09-26 23 N K Yong - WINE By N K Yong FOUR of the most prestigious names in Europe came together in Singapore last week in a unique wine-tasting Champagne Mumm from Reims, Chateau Latour from Bordeaux, Deinhard from the Rhine Valley in Germany, and Sassicaia from Tuscany. The occasion623 words
-
-
PEOPLE
-
Article, Illustration135 1992-09-26 23 CHAMPAGNE flowed freely at the 25th anniversary of rigbuilder Far East Levingston Shipbuilding, which was held at the Raffles Hotel earlier this month. Officials of the yard, a member of giant Keppel Cor- poration, celebrated the occasion with major clients such as Santa Fe Drilling's135 words
-
Article, Illustration205 1992-09-26 23 KEPPEL Corporation's financial subsidiaries Keppel Bank, Keppel Finance, Keppel Insurance and Keppel Securities officially celebrated the opening of their new head offices at Keppel Towers late last month. Also at the celebrations was Richard Gordon, mayor of Olangapo City in the Philippines. The mayor, whoPhotos by Arthur Lee and Chris Loh - 205 words
-
-
PURSUITS 1
-
Article, Illustration147 1992-09-26 24 Samuel Ee - What would you wear outside of the regulatory tie and white shirt? Samuel Ee makes a few suggestions Samuel Ee SOMETIMES, you just need to hang out for a bit. Lose the tie, slip on the loafers and like, relax, man. There's nothing like sipping a TigerPhotos by Chris Loh - 147 words
-
Article, Illustration740 1992-09-26 25 Jaime Ee - Boomerang lives up to its name, what with Eddie Murphy turning up in every scene of this overly long movie. Jaime Ee on the dude who just won't go away Jaime Ee YO. Hey man, dig this brother's trip through Snow White land, dat's great dope baby, dig740 words
-
Article, Illustration602 1992-09-26 25 RINGO LIEW - CD Review By RINGO LIEW TOAD THE WET SPROCKET: Fear If the guys in Red Hot Chili Peppers had gone to a prep school somewhere in New England, Toad The Wet Sprocket is how they would have turned out. With its mix of harmonies, jangling guitars and602 words
-
-
PERSONAL FINANCE & INVESTMENT 1
-
Article, Illustration1200 1992-09-26 26 Paul Leo; Quak Hiang Whai - For investors who are still interested in currencies after last week's crisis in Europe, Paul Leo suggests they go regional while Quak Hiang Whai finds out which way the sterling is heading Paul Leo Quak Hiang Whai IF YOU'VE been putting money in highyielding European currencies,Source: Banque Indosuez - 1,200 words
-
Article, Illustration230 1992-09-26 26 EXOTIC currencies' high interest rates are comparable to the European high yielders. But before jumping in, an investor should look out for the exchange risk. Malaysian ringgit The ringgit will test its previous low of 63.39 Singapore cents (March 18) in theSource: Bloomberg - 230 words
-
Article, Illustration462 1992-09-26 26 AN Englishman walks into a French brothel and checks into a room with his French female companion. Minutes later, screams emerge from the room. The Madame runs over and asks: "Is this man hurting you?" The reply: "No! he's paying me in pounds!" That wasSource: TeleTrac - 462 words
-
Article, Illustration835 1992-09-26 26 Najeeb Jarhom - OiART By Najeeb Jarhom The writer is the research manager at Fraser Securities Gaming-based stocks and speculative lower liners are sowing the seeds of a bull market on the Kuala Lumpur Stock Exchange with encouraging success. Investors' disillusionment with equities on both sides of the835 words
-
Article, Illustration500 1992-09-26 26 Kooi Cho Teng - Kooi Cho Teng reports on a new investment avenue for people on a budget Kooi Cho Teng THE young professional on a budget faces a difficult choice when deciding how best to hatch a nest-egg for the future. Traditionally, the optionsSource:Pridential Assurance Company Singapore - 500 words
-
Article, Illustration968 1992-09-26 27 S N Vasuki - S N Vasuki considers the prospects for investors keen to cash in on the buoyant Philippine stock market and highlights some blue chips that analysts in Manila believe will perform well S N Vasuki Foreign investors who charged into the Philippine stock market earlySource: Baring Securities - 968 words
-
Article796 1992-09-26 27 CONTRARY to popular perception, picking good stocks in the Philippine stock market is not a difficult proposition. Like any other market, the bourse has its share of sound blue-chip counters and laggards. Baring Securities, in its Philippines stock market review published in July, conducted796 words
-
-
SPORTS
-
SIDE LINES
-
99 1992-09-26 28 WOBURN, England Only three days after she found out she was playing. United States Open titlist Patty Sheehan fired a five-under-par 68 on Thursday to take the opening round lead in the US$5lO,OOO (S$816,000) British Women's open golf championship. "I'm thrilled. 1 only99 words
-
Article108 1992-09-26 28 PARIS Japan's Kenjiro Shinozuka won the 19th stage of the Pans-Beijing rally almost by accident on Thursday as drivers willingly gave up the lead fearing they would lose their way. The Mitsubishi driver said: "It was a bit like musical chairs, with the leader losing108 words
-
Article61 1992-09-26 28 MOTHERWELL, Scotland Scottish Masters champion Mike Hallett tumbled out of this year's tournament in the quarter-finals here on Thursday to world number five Neal Foulds. His 6-1 humbling by his English rival continued Hallett's worst run of his 13-year professional career. Last Sunday he was61 words
-
Article, Illustration41 1992-09-26 28 ESSEN, Germany German tennis players Boris Becker (right) and his team-mate Michael Stich at the draw of the Davis Cup competition versus Belgium on Thursday. Becker and Stich will play the single matches and the double together.41 words
-
Article71 1992-09-26 28 MINNEAPOLIS American swimmers who went for the gold at Barcelona might be swimming for dollars in the 1996 Olympics. In an effort to reward America's best swimmers and to encourage faster times, the US swimming federation's board of directors on Wednesday unanimously approved awarding prize money71 words
-
Article74 1992-09-26 28 FLORIDA Tennis great Arthur Ashe told about 1,000 students at the University of Florida that too many black male college students are being channelled into sports rather than other fields. In a speech on Wednesday night, Ashe said while only 2.4 per cent of all74 words
-
-
Article, Illustration472 1992-09-26 28 BC Open AP ENDICOTT, New York Ken Green had five birdies over his last nine holes to complete a 6-under-par 65 that gave him a two-shot lead over John Daly and three others in Thursday's opening round of the US$BOO,OOO (SSI.3 million) BC Open. Daly, KeithAP - 472 words
-
306 1992-09-26 28 Reuter KNOKKE-LE-ZOUTE, Belgium lan Woosnam made a flying start to the Belgian Open golf tournament on Thursday, and then disagreed with Severiano Ballesteros on the length of the European Tour. Britain's Woosnam, who shot a four-under-par 67 to lead by one stroke after theReuter - 306 words
-
Article, Illustration595 1992-09-26 28 Both teams and drivers, hit by financial concerns, struggle to keep on track AFP ESTORIL, Portugal The Formula One circuit heads for Portugal this weekend, bruised and battered from a financial crisis which has hit teams and drivers alike. Six cars were missingAFP - 595 words
-
Article, Illustration404 1992-09-26 28 AFP JOHANNESBURG Austin Adaragga. the man who reversed his parents' journey from Spain to Australia, became the first qualifier to reach the World squash semifinals since 1986 here on Thursday. Adaragga. born and brought up in Australia but now based in Elche and competingAFP - 404 words
-
469 1992-09-26 28 AP HAVANA, Cuba The United States' men's team, weakened by the late withdrawal of hurdler Tony Dees, will have a difficult time defending its title in the World Cup track and field meet beginning last night. The absence of the injuredAP - 469 words
-
Article167 1992-09-26 28 AFP HAVANA Olympic champion Linford Christie shed his habitual reserve here on Thursday, basking in the end-of-term atmosphere on the eve of the International Amateur Athletics Federation World Cup. "This time, the goal is not winning but taking part," Christie said. "I'll just tryAFP - 167 words
-
-
Article1259 1992-09-26 29 CHjr FNtfrt ETA Fltfrt ETD CH» FlgM ETA rag* ETD Aka Okaki QF81 SQ228 RJ187 1955 2025 0130 GA860 Qf 82 0045 2205 MH630 SQ103 MH605 SQ105 0855 0950 1020 1050 SQ102 MH604 SQ104 MH670 0730 0740 0830 0950 SQ319 KL837 N221 SQ286 0715 1255 18201,259 words
-
THE TRAVEL PAGE
-
Article, Illustration649 1992-09-26 29 Mark Hodson - LETTER FROM VIETNAM By Mark Hodson AT THE railway station in Hue, about 1,100 kilometres north of Ho Chi Minh City, an embarrassed official explained how the Vietnamese government sets its ticket prices. It was simple: tourists pay four times as much as locals. The young649 words
-
Article151 1992-09-26 29 As at 10am yesterday: Local dollars to one unit of foreign currency Currencies Bid Offer Australian dollar 1.1502 1.1665 Canadian dollar 1.2748 1.3003 NZ dollar 0.8S38 0.8720 Sterling pound 2.7232 2.7615 US dollar 1.5980 1.6050 Local dollars to 100 uhs of foreign currency Austrian schilling 15.20151 words
-
Article56 1992-09-26 29 Duration Title Venue Organiser Td Oct 22-27 International Cologne, Messe-und (49)221/821Offke Trade Germany Ausstellungs- 2574 Fair GesMBH Koln Oct 22-28 Computers Bogota, Corporation (57)1/*****69 Office Equipment Colombia De Fen as Y Exhibition Exposiciones S.A I Duration Title Venue Organiser T®", Oct 24-28 International Barcelona, Foirc De (34)3/*****91-56 words
-
-
TIME OFF
-
Article207 1992-09-26 30 Ananda Shankar Dance Troupe An exhilarating and exuberant performance featuring the music compositions of Ananda Shankar and contemporary dance choreography of Tanusree Shankar. Venue: World Trade Centre Auditorium, Sep 29. Bpm. Cantabfla A critically acclaimed fourman vocal group comprising Paul Hull, Michael Steflfan, Mark Fleming and Bill Purefoy. First207 words
-
Article, Illustration262 1992-09-26 30 Hashimah Hashim - Compiled by Hashimah Hashim Clay Expressions by Michael HH Lau This exhibition depicts the expressions of Michael Lau's inner feelings and ideals. The pieces on display are both functional and aesthetic in nature. Venue: National Museum Art Gallery. On till Sunday. 9am--5.30pm. Exhibition of Asian and Antique Musical Instruments262 words
-
-
Article629 1992-09-26 30 Basic Instinct Michael Douglas is a cop who investigates Sharon Stone for murder, and loves what he sees. More hype than substance, with a B-grade plot trying desperately to be stylish. R(A). Orchard: 11; 1.30: 4; 6.45; 9.15. Majestic: 1; 3.30; 7; 9.15. Odeon-Katong: 3.30; 6.45; 9. Golden Sultan:629 words
-
-
Page 19 Advertisements
-
Advertisement165 1992-09-26 19 a [Mid 5 8 8 j' 'T^f; 618! 3 ■l Jy/ Jyy !/z&; j||/ Model No. 8A3130T Legends have sought this watch. Napoleon. Wellington, too. And the crowned heads of England, France, Italy, Spain and Russia. Then, as today, those who shape destiny are quick to pursue that which seems165 words
-
-
Page 20 Advertisements
-
Advertisement147 1992-09-26 20 POOWESBURY GARRY TRUDEAU MOUTHEPOF? Z&JUZLu. B THEU£ t V T In— KPO^ ABOUTBBN6 "j**™* wvr n*T I M pX* l| g» S COMICS,^ FOR SUCCESSFUL MANAGEMENT OF YOUR I I £1 I A| £1 A Stories on labour and its relationship with BC B J I 111 management, management concepts147 words
-
-
Page 22 Advertisements
-
Advertisement835 1992-09-26 22 Nothing Beats A Bud. where to wine, dine OF V——— *7ime Penang High Tea Penang High Tea comes to Kueh Pai Ti, A Chee Cheong Fun, on[ Y S 11.80++ per Nonya Kueh, an< 56.80+ per child, Bubur Hitam and inclusive of coffee/tea, this is BuburTerigu. one hi 8 h835 words
-
Advertisement311 1992-09-26 22 Local Tea Time delights at Chatterbox "TJT* every Saturday and Sunday. 3 pm to 5.30 pm. $14.50++ per person $8.50+ per child (below 10 yrs> Mezzarw* Sumptuous Continental Afternoon Tea spread at Mezzanine Lounge Daily. 2pm to 6pm $16.00+ per person $10.00++ per child (below 10 yrs) V //ardon* JmgyK*311 words
-
-
Page 23 Advertisements
-
Advertisement218 1992-09-26 23 AND ENTERTAIN CURRY FLAVOURS Spice up this Sunday with our potpurri of curries. And our wondrous Salad Bar for a healthy balance At Cafe-in-the-Park Buffet Lunch from 12 pm Buffet Dinner from 6.30 pm a At $19.50++ per person For reservations, please call SINGAPORE 16 Na«.m Hrft. 1025 732-1222 extension218 words
-
Advertisement96 1992-09-26 23 Lf < Don't miss this unbeatable Lobster Promotion! Cooked in its varied ways to brins out that unique flavour,' take your pick from our Chef's recommendations or our set menus from $68 (2 persons) to $338 (10 persons). Available from 12 to 30 Sept '92 at China China Restaurant, Nishiki96 words
-
-
Page 24 Advertisements
-
Advertisement125 1992-09-26 24 Each Silik piece a magnificent work of art. HHHV Reflecting the traditional heritage of classical f > Italian furniture-making. When the finest V_l jfl[ wood is intricately-caned. And delicate refinements painstakingly hand-painted. Silik from rti^ Italy. A glorious return to living in the classic grandeur Baroque For whom works of125 words
-
-
Page 25 Advertisements
-
Advertisement256 1992-09-26 25 DISTINGUISHED NAMES V It's not what you know but WHO you know. fl V v* w jp. Be a trendsetter the envy of others, the object of desire, the ft most admired. Leave them something to talk about, your ffjßj attention to fine details. The hallmark of impeccable 4 grooming256 words
-
-
Page 26 Advertisements
-
Advertisement20 1992-09-26 26 N®TSURE WHERE T© PUT WUR MtNEY? Gel the answer in Personal Investment Finance. Every Saturday in Business Times. Business Times20 words
-
-
Page 27 Advertisements
-
Advertisement42 1992-09-26 27 I WMJtF Mr. Sm Wing Why* Chief Engineer PP FOR RELIABLE SERVICE, PRODUCT AND SYSTEM, YOU CAN DEPEND ON TEAM TRANE. M Mr. Willi* Low <■, l^jV Equipment Systems. Engineer HB jNSf THE BEST VALUE. CALL: 468 8622 FOR ENQUIRIES. FAX: 468 182842 words
-
Advertisement248 1992-09-26 27 CIIAPF Ml JLjljL .M\L m— >JX) AN J iHk^ V Hfef fl Jl~ V^^h^yJiSiKKfK .jy ...Mr ly jyrlnjF 1 dlw H J It's Quick and Easy. Get instant counter at any of our 28 branches, m m Use the loan for any purpose. Loans from $2,000 to $100,000. MANY OF248 words
-
-
Page 29 Advertisements
-
Advertisement41 1992-09-26 29 Discover the lengths Fiimair go for just one price. A superb twice-weekly service from Singapore direct to Helsinki and daily connections to over 35 European destinations- all for one price. Call *****77 for details. We knew Europe from start to Finnish.41 words
-
Advertisement25 1992-09-26 29 For further information on which newsstands carry Her World, Go, Singapore Business, Home Decor, Young Parents, please call our Customer Services Section on 749 257725 words
-
Advertisement57 1992-09-26 29 Should Singapore pull out of the Malaysia Cup? NO brß Singapore football fans, it appears, still want the Lions to take part in the Semi-Pro League and Malaysia Cup. Other answers from fans on burning soccer questions from a survey done "X by The New Paper. Get your copy today.57 words
-
-
Page 29 Miscellaneous
-
Miscellaneous267 1992-09-26 29 8 Foreigner without a legal HH— 9 Vase containing more than ~IhJ cuppa (3) 10 Nevertheless just like this gone round to a |Hf Hi 12 Of measurement of verses 15 Many being examined competition (7) 20 Off-putting manoeuvres HE—JHHIHK H HH 23 Unusual to find novice 25 Gloomy feature267 words
-
Miscellaneous163 1992-09-26 29 Singapore Outlook: Showers over several areas is the late morning and afteraooa. Report Maximum temperature 30.3 Assoc humidity 74% Minimum temperature 24.3 Assoc humidity 97% Hours of sunshine 4.35 Rainfall in mm 1.0 Rainfall this month 82.0 Rainy days this month. 14 World report Asia-Pacific Hi/Lo* Cowl. Auckland 16/11 Cloudy163 words
-
Miscellaneous22 1992-09-26 29 H:-*.' Time I H£p& gush OP tef sags U>ORK *=> I > [TftoLLfcy DtSfiSTgj? OF '(o7 ASSOCIATED NEWSPAPERS LTD.. IM2-IM2 V- -J" 1 67fe922 words
-
-
Page 30 Miscellaneous
-
Miscellaneous1664 1992-09-26 30 TODAY'S TV WKK —10.00 The Bugs Bunny Show. 10.35 wdswr 11.05 Profiles of Nature. Dandaa Setia, 3.45pm, SBC 5 The Adventurers, 1.30pm, I lK> W fkM 11.25 Religious programme. Saadiah plays a human ver- SBCS It 7&" il2 JISSfIST sion of an ugly duckling, a Hyperactive people all over HO1,664 words
-
Miscellaneous631 1992-09-26 30 MOVIES ON TV Ask Any Girl, Mon, 3.00pm, Weller is excellent as the SBC 5 half-man, half-machine out Shirley MacLaine at her rid the world of vermin in fresh-faced best as a bubbly, the most horrible ways possinaive girl arriving in the big hie- There s a comic-book bad city631 words
-