The Business Times, 31 October 1992
1992-10-31
1
30
https://www.nlb.gov.sg
https://eresources.nlb.gov.sg/newspapers/browse/biztimes
The Business Times
-
Title Section18 1992-10-31 1 Business Times THE BUSINESS PAPER FOR S-E ASIA MITA (P) 35/12/91 Weekend Edition, October 31-November 1 IW2. 73*18 words
-
NEWS & MARKETS
-
81 1992-10-31 1 MANAMA, Bahrain A UN team that was inspecting Iraq for weapons was harassed and threatened with death despite official assurances they would be safe, the chief inspector said yesterday. Nikita Smidovich said as he arrived in Bahrain with his 50-strong team from81 words
-
68 1992-10-31 1 BRUSSELS Nato said yesterday it was concerned by Russia's decision to halt the withdrawal of its troops from the Baltic states and urged Moscow to resume the pull-out without delay. Russian President Boris Yeltsin suspended the withdrawal of his troops from Estonia, Latvia68 words
-
Article41 1992-10-31 1 WALL STREET stocks opened virtually unchanged yesterday as investors awaited publication of statistics on sales of new houses in the United States in September. In the first five minutes of trading, the Dow edged down 1.37 point to 3,244.90.41 words
-
Article22 1992-10-31 1 LONDON share prices were higher at midday yesterday. The Financial Times-Stock Exchange 100-share index was up 14.7 points at 2,657.0.22 words
-
Article34 1992-10-31 1 SINGAPORE chemical producers, already smarting from thinning profit margins, are worried that an import tariff introduced by Malaysia and Indonesia earlier this year may be extended to other petrochemical products Page 234 words
-
Article, Illustration29 1992-10-31 1 Friday Change BT-MGA 655.95 +0.04 Kuala Lumpur ....641.31 +4.18 Tokyo 16,767.40 -170.31 Hongkong 6,190.69 +73.19 Sydney 1,425.0 +8 Thursday Change New York 3,246.27 -5.13 London 2,642.3 -8.129 words
-
Article22 1992-10-31 1 Exchange rates US$ S$ 1.6190 100 Yen S$ 1.3120 MS SS 0.6445 Money market rates Overnight 1-1/2 -1/8 3-month 1-15/16% -1/1622 words
-
Article40 1992-10-31 1 London GoM AM fix US$$338.80 US$0.40 Rubber S pore Nov 143.50*/kg unch M'sia Nov 222 '/kg unch KL Tin Turnover 2 3 tonnes -6 Spot. MS 14.35/kg +0.05 Crude palm o4 Turnover 1550 lots 777 Dec MS9I7 /tonne +740 words
-
-
Article, Illustration818 1992-10-31 1 Leslie Lopez - ndirect tax base to be widened; income taxes to be cut From Leslie Lopez in KUALA LUMPUR MALAYSIAN Finance Minister Anwar Ibrahim yesterday announced a sharp 8.1 per cent cut in federal government spending in the country's 1993 Budget, which analysts said was aimed818 words
-
172 1992-10-31 1 SINGAPORE Riding on expectations of a favourable Budget in Kuala Lumpur, share prices in Singapore and Malaysia ended higher in active trade yesterday. Malaysian counters dominated trading on both sides of the Causeway, as Malaysia's Finance Minister Anwar Ibrahim prepared to unveil budgetary measures172 words
-
413 1992-10-31 1 Dexter Lee, Juliette Walker - Lifting of curbs on shipping agencies Dexter Lee, Juliette Walker By SINGAPORE Local companies which have formed shipping agency joint ventures with foreign partners will be the hardest hit when the government lifts its restrictions on shipping agencies from Nov 1 next413 words
-
363 1992-10-31 1 Sylvia Wong - By Sylvia Wong SINGAPORE Charge card company American Express International Inc has laid off 19 employees in Singapore, including three directors, as part of its worldwide retrenchment exercise. The move, announced to staff yesterday, affected six managers and 10 systems analysts363 words
-
Page 1 Advertisements
-
Advertisement259 1992-10-31 1 Nikon Ttw Wbrid't HnMt Ptiologwphlc System. COVER That moneyed elite. EL 1 «k> PURSUITS Viva la Vitara! EL 7 FINANCE Since 1735 there has never been a quartz Blancpain watch. And there never will be. Model shown 6595 1418 58 ir> JUL Blanc paiN Faithful to the traditional art of259 words
-
Advertisement12 1992-10-31 1 Nikon finaat Hti nili >■■ nHIr CualMl in# wona I rintu Knotograpoic ayiwrn.12 words
-
-
PAGE 2 NEWS
-
396 1992-10-31 2 Lilian Ang - Polypropylene tariff introduced by KL in March, Jakarta in July Lilian Ang Reports by SINGAPORE Singapore's chemical producers, already smarting from the effects of falling profit margins, are worried that an import tariff introduced by Malaysia and Indonesia earlier this year may be396 words
-
233 1992-10-31 2 SINGAPORE Faced with a severe glut, the chemical industry continued to fare poorly in the third quarter apd there are no signs of a near-term reprieve. '•;The Singapore Chemical Industries Council's quarterly review released yesterday said business has generally deteriorated "and the outlook233 words
-
Article, Illustration238 1992-10-31 2 Reuter MANILA Europe and Asean yesterday set aside their dispute over human rights and agreed to expand trade while promoting European investment in Southeast Asia. Foreign ministers of the European Community and the Association of South-east Asian Nations (Asean) forged a compromise onReuter - 238 words
-
SINGAPOREROUN DU P
-
Article75 1992-10-31 2 PRAXAIR Surface Technologies Ptc Ltd, a subsidiary of US-based Union Carbide, opened its facility at Loyang yesterday. The company has invested over $3 million in this plant. This is expected to exceed $5 million by mid-1993. Praxair provides service and support to the aerospace and75 words
-
Article55 1992-10-31 2 TWO environmental laws will come into effect tomorrow, the Ministry of Environment reminded the public yesterday. The two laws the Environmental Public Health (Amendment) Act 1992 and the Environmental Public Health (Corrective Work Order) Regulations 1992 require recalcitrant litterbugs and those who commit serious littering55 words
-
Article194 1992-10-31 2 IN A REPORT yesterday headlined "Singapore and Vietnam sign investment guarantee pact", we wrongly attributed to Lim Boon Heng, Senior Minister of State for Trade and Industry, the statement that the passage of Vietnam's new constitution had improved its legal environment. This statement was in fact made194 words
-
-
316 1992-10-31 2 Ramesh Divyanathan - Ramesh Divyanathan By SINGAPORE The first of the 10,000 extra car Certificates of Entitlement (COEs) that the government is recycling will be up for grabs on Monday. There will be 1,805 COEs for cars in the l,oolcc to 1,600 cc engine size range316 words
-
Article393 1992-10-31 2 Salil Tripathi - Prospects are very good, says TDB Deputy CEO Salil Tripathi From in JOHANNESBURG SINGAPORE'S trade with South Africa grew by 21 per cent in the first nine months of 1992, said Lee Ying Cheun, Deputy CEO of the Trade Development Board. He added that although393 words
-
Article448 1992-10-31 2 JOHANNESBURG The predominantly white audience at the Financial Mail Conference found much to agree with Senior Minister Lee Kuan Yew's address delivered on Thursday. Said Kobie Van der Merwe, an accountant with a local firm: "When you look at our ridiculous tax rates and hear448 words
-
239 1992-10-31 2 SINGAPORE Growth figures are price sensitive that is why the government guards such information, said Deputy Prime Minister Lee Hsien Loong. "It is not that they embarrass us or endanger national security, but they are worth money," BG Lee said in239 words
-
242 1992-10-31 2 SINGAPORE Three hotly contested residential sites, two of them near the Orchard Road shopping belt and the other at Novena, were sold yesterday by the Urban Redevelopment Authority. Sites at Orchard Boulevard and Orange Grove Road were sold to companies belonging to property developer242 words
-
485 1992-10-31 2 Malaysian Business Times interview with BG Lee Vibrant bourse may not mean vibrant economy: BG Lee SINGAPORE The Singapore government is quite content to have a fairly tranquil stock market as a vibrant bourse does not necessarily translate into a vibrant economy,485 words
-
140 1992-10-31 2 SINGAPORE Although not much is known of US Democrat Bill Clinton's policies, Singapore is ready to work with him and his team if he is elected president of the United States. Deputy Prime Minister Lee Hsien Loong said: "From the record, there is reason140 words
-
242 1992-10-31 2 SINGAPORE Singapore's population rose 2.1 per cent last year, but the proportion of working people fell slightly, says a report released yesterday by the Health Ministry. According to the "Population Report 1991", the population grew from 2.7 million in the previous year to242 words
-
-
COMPANY NEWS 1
-
Article, Illustration443 1992-10-31 3 Teh Hooi Ling - By Teh Hooi Ling SINGAPORE Listed Asia Pacific Breweries, which has a 27 per cent stake in New Zealand's Magnum Corp, has been asked to pump in more money into the loss-making brewer. Magnum Corp had proposed a two-for-five rights issue443 words
-
508 1992-10-31 3 William Chia - William Chia By SINGAPORE Pacific Can Investment Holdings Ltd's new board of directors is likely to revitalise the ailing can manufacturer by modernising its canning operations and injecting a number of new businesses into it, a company official said.508 words
-
192 1992-10-31 3 SINGAPORE Shipyard Hitachi Zosen Singapore, which made its debut on the Stock Exchange of Singapore yesterday, was the day's most actively traded stock. More than 21.2 million shares exchanged hands in deals totalling $27.3 million. The share closed at 1.28, af- ter hitting192 words
-
839 1992-10-31 3 Lee Han Shih - THE HOCK LOCK SIEW COLUMN Lee Han Shih By SINGAPORE For those interested in United Industrial Corporation (UIC) and the United Overseas Bank group, the past week must have been a perplexing experience. In four separate purchases,839 words
-
305 1992-10-31 3 Rahita Elias - Rahita Elias By SINGAPORE Keppel Corp, which is spearheading a major Singapore drive to develop Subic Bay in the Philippines, has submitted its proposals for two of the projects. Responding to a BT query, a Keppel spokeswoman said yesterday: "We submitted proposals for305 words
-
205 1992-10-31 3 SINGAPORE Two more persons were charged for multiple share applications in the subordinate courts yesterday. Businessman Lee Fee Huang, 63, was alleged to have deceived Hai Sun Hup Group into believing that Tan Chwee Ooi had applied for just over one million shares in205 words
-
COMPANY BRIEFS
-
95 1992-10-31 3 SINGAPORE Sembawang Maritime Ltd will phase out the offshore pipe-laying business under its offshore contract division during the next six months. An extraordinary loss of $6.4 million will be provided to write down the division's assets. The company said the division was expected to95 words
-
Article109 1992-10-31 3 SINGAPORE Low Keng Huat (Singapore) Ltd has said its revenue in the first half of 1992 was lower than in the previous corresponding period because it recognised the profits from its Char Yong Gardens project on a completion basis in 1991. This year, it109 words
-
Article62 1992-10-31 3 SINGAPORE Nat Steel Ltd has said it is working towards a joint venture with the Vietnam Steel Corporation to either use its rolling mill in Penang, or to buy a rolling mill elsewhere. The company was clarifying a Business Times report on Thursday, which said62 words
-
Article60 1992-10-31 3 SINGAPORE Lum Chang Holdings Ltd has increased the* paid-up capital of its subsidiary, Kuala Lumpur Golf and Country Club Sdn Bhd, from Msl million (*****,500) to Mss million. The company, which is developing a 36-hole-golf course in Jalan Bukit Kiara, said the capital increase was.60 words
-
Article54 1992-10-31 3 SINGAPORE Kawahara Mfg Co Ltd, which owns 13.48 per cent of Material Handling Engineering Ltd, has increased its stake by 0.7 per cent. It says it has bought another 193,000 shares in Material Handling at 51.5 cents per share. With its latest purchase, Kawahara owns 14.18 per54 words
-
Article33 1992-10-31 3 SINGAPORE Goh Kee Song, a director of Parkway Holdings Ltd, bought 100,000 Parkway shares on Thursday at $1,472 per share. The purchase was done through BACS Pte Ltd. Z-'t33 words
-
-
COMPANY BRIEFS
-
70 1992-10-31 4 TOKYO Battered by a slump in consumer spending, Isetan Co, a Tokyo-based department store that targets young shoppers, posted a 71.45 per cent fall in current profit for the half-year to Sept 30. Sales fell 2.7 per cent. Japanese shoppers, once renowned for70 words
-
Article77 1992-10-31 4 TOKYO Victor Co of Japan Ltd (JVC) announced yesterday a pre-tax loss of 13.6 billion yen (S$ 176.8 million) for the six months to September, projecting a bigger loss than initially forecast for the full year. The leading video manufacturer, a unit of Matsushita77 words
-
Article69 1992-10-31 4 NEW YORK Acknowledging difficult times in its core drug and infant-formula businesses, Bristol-Myers Squibb Co announced on Thursday that it would eliminate about 2,200 jobs, 4 per cent of its work force, in the next five months. A company spokesman, said the reductions would hit69 words
-
Article72 1992-10-31 4 LONDON A plan by which Gerald Ronson would yield control of his Heron International gas stations and property empire in return for a write-off of £400 million (Ssl billion) of its debts was put to creditors on Thursday. The restructuring plan, supported by a steering72 words
-
-
Article, Illustration376 1992-10-31 4 Company accelerating crash programme to regain profitability Reuter DETROIT General Motors Corp said on Thursday it lost U*****.9 million (Ssl.2 billion) in the third quarter, less than what some expected but enough to illustrate problems facing the car giant in the wake of chairmanReuter - 376 words
-
302 1992-10-31 4 Reuter SEOUL South Korea's Daewoo Group yesterday announced the formal end of its seven-year joint venture with US car giant General Motors (GM). "We received government approval yesterday (Thursday) to allow our foreign partner to withdraw its stake in the company," a DaewooReuter - 302 words
-
625 1992-10-31 4 Interbank rates soar on rush for shares in Chinese firm Bloomberg HONGKONG Huge demand for a stock issue by a Chinese-controlled company has caused major tensions in Hongkong's banking system and pushed interbank interest, rates sharply higher. It has also presented theBloomberg - 625 words
-
199 1992-10-31 4 AFP TOKYO Japan's diversified industrial giant Mitsubishi Heavy Industries Ltd said yesterday its pre-tax profit fell 8.4 per cent from a year earlier to 62 billion yen (SsBl3 million) in the six months to September. The figure was well below the company's forecastAFP - 199 words
-
Article, Illustration305 1992-10-31 4 FT TOKYO Nomura Securities, Japan's largest broker, yesterday warned of tough times ahead for the securities industry and said the company might not have the resources to overhaul all its ailing affiliated brokers. Yukio Aida, chairman of Nomura, said the company had aFT - 305 words
-
379 1992-10-31 4 Stephen Vines - Stephen Vines From in HONGKONG SHANGHAI Vacuum and Electron Device Co Ltd's one-for-two rights issue of 10 million new shares in the Shanghai stock market has again been postponed, according to market sources. They said the company is expected to make a379 words
-
Article, Illustration503 1992-10-31 4 Reuter SYDNEY Shares of News Corporation surged to a record high yesterday, as the international media group continued its metamorphosis from a debt-laden company on the verge of collapse to one of Australia's premier stocks. The shares rose Asl (S$Reuter - 503 words
-
-
Page 3 Advertisements
-
Advertisement378 1992-10-31 3 Budget hopes boost KLSE li Seoul stocks still firm Learn Lotus® 1-2-3 in just 4 hours 5 ICS Brings You MicroTutor®- g° P lfjoflc °nly the functions which you accurate spreadsheets. Forget about thick manuals. un. Vftti I oart Micro Tutor combine# Lotus 1-2-3 screen Forget about searching for the378 words
-
-
Page 4 Advertisements
-
Advertisement104 1992-10-31 4 iBUSINESS TIME S_ Toll free Tel No 737 0Q43 Fax No; 734 3698 a&SL SIMBL I Schroder International Merchant Bankera Limited With effect from November 2,1992 our office premises will be relocated at the following address: 65 Chulia Street #36-01 OCBC Centre, Singapore 0104 Our main telephone and facsimile numbers104 words
-
-
FINANCIAL NEWS
-
324 1992-10-31 5 Reuter WARREN, Michigan President George Bush signed a Bill that sets tighter rules on US futures markets and makes it easier for commodity exchanges and market participants to offer new hybrid products. The Bill, which was spurred on by the 1989 government stingReuter - 324 words
-
224 1992-10-31 5 UPI NEW DELHI A major Australian-owned bank admitted violating Indian banking regulations in testimony before a lawmakers committee probing the country's US$l.2 billion (S$ 1.9 billion) securities scandal, a committee spokesperson said on Thursday. The scandal, which broke in late April, involved the illegalUPI - 224 words
-
446 1992-10-31 5 NEW YORK Chase Manhattan Corp is well positioned to prosper from the growing economies of Asia, chairman and chief executive officer Thomas Labrecque said. While the industrial world's economies are staggering, Asia continues to grow at a fast clip. "Asia is446 words
-
261 1992-10-31 5 AFP TOKYO Japan's Mitsubishi Bank Ltd unveiled yesterday the industry's response to a government plan to let banks write off non-perform-ing debts through a new joint company to absorb bad prop-erty-related loans. The bank, as chairman of the Federation of Bankers Associations,AFP - 261 words
-
Article, Illustration554 1992-10-31 5 DBS Bank weekly currency review USS/DM: A turnaround for the dollar? A break of 1.4950 marks on Oct 23 prepared the US dollar for a bull rally this week. The greenback closed at 1.5280 on Oct 23. Bullish sentiment resumed on Monday, bringing the US dollar554 words
-
Article, Illustration354 1992-10-31 5 Bernama KUALA LUMPUR More financial futures instruments are expected to be introduced for trading and investment with the establishment of the Securities Exchange Commit sion and the setting-up of a financial futures market, Bank Negara governor Jaffar Hussein said last night. Financial futuresBernama - 354 words
-
SMALL CHANGE
-
76 1992-10-31 5 TOKYO Japan's 21 leading banks suffered a 35.2 per cent plunge in pre-tax profits to a combined 568 billion yen (557.38 billion) in the six months to September. The Finance Ministry said yesterday the sharp decline in earnings, compared with a fall of76 words
-
Article83 1992-10-31 5 WELLINGTON Bank of New Zealand (BNZ) directors and advisers yesterday were grilled at a six-hour extraordinary meeting called to discuss National Australia Bank's takeover bid. Disgruntled minority shareholders believed that they have been given inadequate information on the bid and that the 80 New Zealand cents83 words
-
Article97 1992-10-31 5 MANILA The state-controlled Philippine National Bank*, posted a net income of 2.03 billion pesos (Ssl26 million) in the nine months to Sep 30, sharply down from 3.11 billion pesos in the same period last year. PNB officials had said they expected the fall as the rise97 words
-
Article70 1992-10-31 5 STOCKHOLM Troubled Swedish credit insurer Svenska Kredit said on Thursday it had filed for bankruptcy, the latest fatality in the country's financial crisis. The announcement came after the insurer's major shareholders and guarantors failed to agree on a liquidation plan. Svenska Kredit president Mats Hoglund70 words
-
Article44 1992-10-31 5 BANGKOK Siam Commercial Bank, Thailand's fourth largest commercial bank, said net earnings for the quarter ended Sep 30 came to 1.11 billion baht (5570.7 million), an increase of 50.3 per cent from the same period a year ago.44 words
-
Article57 1992-10-31 5 ZURICH Union Bank of Switzerland (ÜBS), the country's largest commercial bank, said group profit for 1992 would be' up from 1991, thanks to improved cash flow. In an interim report, ÜBS said after-tax consolidated cash flow in the first! nine months was below budget but57 words
-
-
-
Page 5 Advertisements
-
Advertisement47 1992-10-31 5 FIRST MORTGAGE FINANCE WANTED $7m (Aust) 10% pa 5 Years (Minimum) New Private Hospital in Perth (Western Australia) Independent Sworn Valuation 12.5 m Experienced Hospital Group Total Security your Solicitor handles documentation. Contact Mr Smith at Hilton Hotel, Singapore (*****33) Tuesday, October 27 or Wednesday, October 2847 words
-
Advertisement298 1992-10-31 5 <Si I b jyp* WmM?. *-^^1' 1 HgK,, -,-n HE MUST BE SOLD LUXURY BOUTIQUE FUI ISLAND RESORT Yosawa Island Lodge is one of the South Pacific's mosl exclusive ond idyllic resorts Set on a simply breathtaking island, Yasawa comprises bore style accommodation, central complex (reception, restaurant, bor), pool, tennis298 words
-
-
THE REGION
-
NOTE BOOK
-
94 1992-10-31 6 PHNOM PENH The Khmer Rouge has officially rejected Japanese-Thai proposals aimed at unblocking the stalled Cambodian peace process. The faxed Khmer Rouge statement reiterated the need to strengthen the Supreme National Council (SNC), a sovereignty body grouping the four Cambodian factions but possessing no94 words
-
Article52 1992-10-31 6 BANGKOK The Thai government has created three working groups to solve the country's formidable savings-invest-ment gap which is expected to reach 239,600 million baht this year. The working groups will tackle savings policy development, monetary system development in provincial areas, and the launching of tax52 words
-
Article67 1992-10-31 6 TOKYO Acting US Secretary of State Lawrence Eagleburger said yesterday that Japan's reported move to resume aid to Vietnam would in no way affect the pace of improving ties between Washington and Hanoi. "We'll not be affected by what the Japanese government may decide," Mr Eagleburger said67 words
-
Article85 1992-10-31 6 SYDNEY Malaysian chef Phillip Choon Tee Lim was found guilty by a jury here yesterday of murdering Australia's Chinese-born heart transplant pioneer Victor Chang last year. Lim, 34. had pleaded not guilty to murdering Dr Chang and not guilty to detaining him with intent to hold85 words
-
Article86 1992-10-31 6 BANGKOK Myanmar's military authorities yesterday released 47 more dissident politicians, bringing to almost 1,000 the number of political prisoners freed since last April, Radio Rangoon reported. Those detainees freed yesterday had been held in a provincial prison in the central Myanmar town of Pakokku, the state-run radio86 words
-
Article101 1992-10-31 6 HANOI A tidal wave swept away four people and caused substantial damage in Vietnam's coastal province of Soc Trang 300 km south of Ho Chi Minh City, the Vietnam News Agency said yesterday. The wave struck at 3 am on Monday, destroying 15,000 hectares of101 words
-
-
524 1992-10-31 6 Drop in current account deficit encouraging but dangers lurk Reuter JAKARTA Despite welcoming a sharp drop in Indonesia's high current account deficit, economists warn that the dangers are not over and the government must keep a tight grip on the economy forReuter - 524 words
-
220 1992-10-31 6 AFP YANGON Myanmar's efforts to liberalise its market in recent years have spurred on a secondary economy that is now flourishing while the official one remains sluggish. The "dollar economy" exists thanks to the huge disparity between the official dollar exchange rate of the Myanmar currencyAFP - 220 words
-
468 1992-10-31 6 Businesses investing in the future help to lift both AFP SYDNEY Fuelled by rising imports, Australia's current account deficit leapt 33 per cent to A 51.72 billion (about S$ 1.95 billion) in September, according to data released yesterday. But it was not all badAFP - 468 words
-
276 1992-10-31 6 Reuter BANGKOK Thailand's gross domestic product is likely to expand more than 7.8 per cent in 1993 against projected minimum 7.5 per cent growth this year and actual 7.5 per cent growth in 1991, the Bank of Thailand said. Spokesman Phisit LeeathamReuter - 276 words
-
833 1992-10-31 6 Leslie Lopez - Reports by Leslie Lopez in KUALA LUMPUR AFTER six years of heady growth, the Malaysian economy will ease up a little in 1993, the Finance said in its annual Economic Report released yesterday. While independent economists and government planners say833 words
-
Article, Illustration396 1992-10-31 6 Malaysian Finance Ministry's Economic Report KUALA LUMPUR The growth of Malaysia's manufacturing sector is expected to slow slightly this year, but the sector's contribution to gross domestic product will continue to rise from 28.2 per cent this year to 30.9 per cent in 1993. In396 words
-
Article, Illustration350 1992-10-31 6 KUALA LUMPUR The sluggish international economy is set to slow the growth of Malaysian exports this year but the government expects a rebound next year. Total exports of goods and services are projected to grow by 12.8 per cent in 1993, compared with350 words
-
SNIPPETS
-
74 1992-10-31 6 THE strengthening of the ringgit against most major currencies in 1992 is expected to result in an exchange revaluation gain of M 53.04 billion (Ssl.9 billion). This is expected to reduce the country's external debt to M 542.74 billion. Consequently, the ratio of national debt74 words
-
Article65 1992-10-31 6 SUSTAINED economic growth in 1992 is set to create 211,200 new jobs in Malaysia to give total employment to 7.1 million people this year. With employment set to grow at 3.1 per cent this year against a labour force growth of 2.8 per cent, Malaysia's unemployment65 words
-
Article62 1992-10-31 6 TOTAL public sector expenditure is expected to expand in 1993 to M 558.81 billion, an increase of 5.6 per cent over the 1992 period. The operating expenditure of the government is set to decline by 1.5 per cent to a total of M 536.15 billion, but62 words
-
Article60 1992-10-31 6 WITH total consumption set to moderate, gross national savings as a proportion to GNP is projected to increase from 31.1 per cent this year to 33.7 per cent in 1993. Gross capital formation is set to rise by 11.6 per cent to 57.6 billion in 199360 words
-
-
-
THE WORLD
-
Article, Illustration448 1992-10-31 7 Denmark will not be given special treatment on treaty FT BRUSSELS European Commission President Jacques Delors has inflamed the controversy over Denmark's demands for exemptions from the Maastricht Treaty. In the Belgian parliament on Thursday, Mr Delors said the Danes could expect no moreFT - 448 words
-
Article259 1992-10-31 7 AP, AFP TOKYO Prime Minister Kiichi Miyazawa offered his "humble apologies" for the corruption scandal tearing apart his ruling party as he opened parliament here yesterday. "1 would like to express my humble apologies to the people, both as an individual politician and as oneAP,; AFP - 259 words
-
Article, Illustration370 1992-10-31 7 FT LONDON Norman Lamont. the UK Chancellor of the Exchequer, on Thursday night reinforced the ruling Conservative government's new commitment to growth and outlined a more open approach to policy making. Mr Lamont also held out the prospect of further cuts to Britain's interestFT - 370 words
-
WORLD WATCH
-
76 1992-10-31 7 VALPARAISO, Chile Chile's navy has offered to escort a Japanese freighter carrying highly radioactive plutonium if the vessel's undisclosed route from France to Japan takes it around Cape Horn. Chile and other Latin American countries have barred the Akatsuki Xtarii, which is to76 words
-
Article92 1992-10-31 7 TAIPEI Taiwan will require all software exporters to obtain special permits beforehand from November in a bid to stamp out piracy and improve the island's international image. officials said on Thursday. Software exporters can apply from Thursday at five centres in major cities in Taiwan92 words
-
Article86 1992-10-31 7 OTTAWA Canadian Prime Minister Brian Mulroney told his cabinet and his party's backbench members of parliament on Thursday that he planned to stay on as their leader despite a humiliating defeat in last Monday's referendum. After predicting v ictory in the referendum called to approve86 words
-
Article69 1992-10-31 7 TAIPEI Taiwan's Economics Minister Vincent Siew dismissed on Thursday speculation that the island will have a status similar to that of Hongkong and Macau in the General Agreement on Tariffs and Trade (Gatt). Mr Siew, back from a six-day visit to Geneva, told reporters here that69 words
-
Article68 1992-10-31 7 LOS ANGELES A Korean-American grocer and his wife have been arrested on charges they encouraged looters to burn down their financially troubled store during the Los Angeles riots, then filed a false insurance claim. Kyu Shup Lee, 43; and his wife. Kyung Sin Lee, 39,68 words
-
-
-
SHIPS IN PORT
-
Article571 1992-10-31 7 Vessd Voy No Berth Arrival Departure Jurong Port Auka Seraya AS/45/92 J1 alongside 31.10/2000 Dickson 9/92 J6 alongside 31.10/2300 D*n Sempurna 20/92 )3 alongside 31.10/2200 Harmony Stove 1 6 alongside 31.10/2300 Henmgsdod 10/92 J7/8 alongside 31.10/1500 Lira 101 36/92 J12 alongside 31.10/1200 New Sea Pal 9209 J3571 words
-
Article1914 1992-10-31 7 DELIVERY OF FCL IMPORT CONTAINERS IN PROGRESS Ship Voy Wo Containers avaiabte Kamakura 25/143 29.10.92 0740 Kota Surra KSR42N 29.10.92 0800 Petmint Sun 34E *****2 0803 Arktis Grace 9217N 2910.92 0820 H| Jakarta 123 29.10.92 0900 P Harding 065W 29 10.92 0920 Normand* Br 21E 29 10 921,914 words
-
-
STOCK EXCHANGE OF SINGAPORE 1
-
Article, Illustration3256 1992-10-31 8 Quak Hiang Whai - Bullish trade spills over to Singapore stocks By Quak Hiang Whai SINGAPORE'S OTC market took off yesterday as Malaysian stocks were snapped "up ahead of the release of the Malaysian Budget late yesterday. Investors expected the latest Malaysian Budget to be a3,256 words
-
Article, Illustration78 1992-10-31 8 Paul Leo - By Paul Leo PROMET BHD recently broke out of its weekly downtrend and is now poised for a move towards its 60 cents objective from its current 45.5 cents. Both RSI and stochastics are neutral, indicating that a correction to the upmove is not imminent. Prices on the78 words
-
-
Article3201 1992-10-31 9 (X'W Foreign I OH) +30 +-2.8% DBS Foreign 1180 +20 +1.7% SPH Foreign 1380 +20 +1.5% UOB Foreign 725 +20 +2.8% Asia Pacific W0 +15 +1.5% Inchcapc 630 +15 +2.4% Keppel Corpn 600 +15 +2.6% Semb Shipyard 745 +15 +2.1% Roth Inds 50* 560 +103,201 words
-
Page 9 Advertisements
-
Advertisement186 1992-10-31 9 k\ YOUR VERY OWN HASSLE-FREE ucmic^^mjesnjffi mSM If news and other pertinent information on companies listed on the Stock Exchange And for „i K rt,th« ft »f 0,1, tiSt per month, you and your company can of Singapore Clob International are important to you and your business, then SPH subscribe186 words
-
-
Article3167 1992-10-31 10 Dunlop fcst OILS 394 f 44 +12.6% Cientings 50* 895 +35 +4.1% H Leong lnd 50* 630 30 5.0% Magnum Corp 50* 650 30 4.8% Shell 448 +16 +3.7% Dunlop Est 410 +14 +3.5% Hume M 382 +10 +2.7% M Banking 655 +10 +1.6% Sungei3,167 words
-
Page 10 Advertisements
-
Advertisement250 1992-10-31 10 B U S I N E S S_TJjJAJE_S_ Toll-free Tel No: 737 -0043 Fax No: 734 3698 ~|\.,`]>='&[<`[$$|<>}%"@=(?-%`\ LOST CERTIFICATES Tht lot lowing certificates hs*s been reported loci. mislaid or destroyed: Namt c< Company CtrtNos. tntananwot Ns.olShMW Ro taunt hduttitt Unitod *****036 Ltt Mm Tch. Mfcf 1 1 *****046 tttWmToh,Mdni250 words
-
-
KUALA LUMPUR STOCK EXCHANGE
-
Article, Illustration5455 1992-10-31 11 SHARE PRICES in Kuala Lumpur closed at a new record high yesterday on investors' confidence of a promising Budget although prices were off the day's highs on some late selling. The KLSE Composite Index recorded a new all-time high for the second straight5,455 words
-
-
CHINA STOCK EXCHANGES
-
Article, Illustration425 1992-10-31 12 CLSA THE SHANGHAI domestic market yesterday rebounded for the third day with the A Index up 139.28 points to 3.281.42. However, turnover was still low at just over one million shares. Shanghai's B share market registered its biggest single-day gain since July byCLSA - 425 words
-
-
JAKARTA STOCK EXCHANGE
-
Article, Illustration981 1992-10-31 12 JAKARTA STOCK prices closed mixed in thin trade dominated by bank shares yesterday, brokers said. The Official Index closed at 307.58, up from Thursday's 305.37. Brokers said locals were active in the finance sector following newspaper reports that the government would soon issue981 words
-
-
STOCK EXCHANGE OF THAILAND
-
Article, Illustration1947 1992-10-31 12 Reuter THAI STOCKS climaxed a bullish week by reaching a 26-month high, led by active trade in banks. The SET Index finished at a 26-month high of 940.35 on heavy turnover of 17.5 billion baht. Advances led declines 127 to 108. Four ofReuter; Source: Bridge Info - 1,947 words
-
-
Page 12 Advertisements
-
Advertisement44 1992-10-31 12 ■|[|1 111 hA Bill Find out in I I I■l HL I 1 H 1| I f I Ia I I VI I I Personal Investment and Finance. II I I I HI I 111 II I I I 1 I Every Saturday in44 words
-
-
TOKYO STOCK EXCHANGE
-
Article, Illustration2571 1992-10-31 13 Reuter STOCKS IN Tokyo ended lower yesterday on futureslinked selling in lacklustre trade with no new buying factors, brokers said. Most investors retreated to the sidelines amid the half-year earnings announcement season, making the market easily moved by index-related trading, they added. "Although the marketReuter - 2,571 words
-
-
STOCK EXCHANGE OF HONGKONG
-
Article, Illustration2363 1992-10-31 13 Reuter HONGKONG shares yesterday bounced back after a drop of over 100 points in the last two days. Brokers said investors were cautious, and that the rise was largely due to signs that both China and Britain were willing to talk on the disputeReuter - 2,363 words
-
-
AUSTRALIAN STOCK EXCHANGE
-
Article, Illustration2016 1992-10-31 14 Reuter AUSTRALIAN shares closed higher on an easing of pressure from the local dollar, economic data in line with expectations and a rocketing News Corp. "News led the way with a lot of buying coming from offshore early in the piece, andReuter; Source: Bridge Info - 2,016 words
-
-
REGIONAL STOCK MARKETS
-
Seoul stocks firm for 5th straight session
-
Article783 1992-10-31 14 -A HEALTHY INTEREST in financial shares by foreign investors outpaced profit-taking following recent sharp rises, pushing the stock market to a higher close for its fifth consecutive session yesterday, brokers said. The Com- posite Index rose 4.31 points to 610.09. "The market in general is in a stable situation,"783 words
-
Article51 1992-10-31 14 INDICES TURNOVER Close ftoiwu Oct 30 NEW ZEALAND NZSE-40 Capital 1.366.80 1.369.34 -2.54 MANILA Composite Index 1.361.40 1.357.01 +4.39 Turnover (mil pesos) 289 285 +4 TAIPEI Weighted Price Index 3.631.73 3.640 90 -9.17 Turnover (NTS billion) 7.23 10.4 -3.17 SEOUL Composite Stock Index 610.09 605.78 20.44 Turnover (billion won) unav51 words
-
Article453 1992-10-31 14 TAIWAN stocks ended lower across the board in very sluggish trade yesterday as most investors remained sidelined, brokers said. The Weighted Index fell 9.17 points to 3,631.73. Turnover was NT57.23 billion against Thursday's NTS 10.4 billion. Brokers said investors were disappointed that the Nationalist Party had vowed to block453 words
-
Article312 1992-10-31 14 NEW ZEALAND'S share market yesterday drifted nearer to the year's lows of 1,357.71 set two weeks ago. The NZSE-40 Capital Index closed 2.54 points lower at 1,366.80. Volume was moderate, continuing the trend of recent weeks, with NZ$l7.l million of shares traded. "The market's just in a limbo312 words
-
Article552 1992-10-31 14 SHARE PRICES in Manila held their ground yesterday despite profit-taking by short-term players and finished higher for the fourth straight day, brokers said. The Manila Composite Index gained 4.39 points to close at 1,361.40. Brokers said investors sidelined by a severe power shortage and a wave of kidnappings were552 words
-
Article98 1992-10-31 14 THE BOMBAY Index dropped by 33.42 points to 2,828.73 and the National Index fell 9.75 to 1,278.16. Delhi was down 10.68 at 641.24 yesterday. Many investors were said to be withdrawing from the market to subscribe to new issues. More than 200 compa- nies are expected to issue new98 words
-
-
-
WORLD STOCK MARKETS
-
NY stocks ease as Bush narrows gap
-
Article, Illustration1299 1992-10-31 15 NEW YORK stocks closed mixed on Thursday as the market focused on earnings and kept an eye on the polls that showed President George Bush catching up on Democrat challenger Bill Clinton. Trading was quiet but volume was heavy. The Dow Jones Industrial Average slipped 5.13 points to1,299 words
-
Article, Illustration787 1992-10-31 15 SHARES CLOSED lower after weak results from bellwether stock ICI highlighted the gloomy state of the UK economy, analysts said. But losses were curbed by speculation of a near-term cut in interest rates and by news Tomkins has made an agreed offer of £952 million for Hanson bid target787 words
-
Article302 1992-10-31 15 DUTCH SHARES closed lower after gloomy earnings statements from two of the bourse's big names left investors jittery about upcoming third-quarter results. The EOE Index closed down 3.57 points at 274.98. Steel group Hoogovens closed 6.30 guilders lower at a new five-year low of 20.50 after saying on Wednesday302 words
-
Article238 1992-10-31 15 WORRIES ABOUT higher German taxes, waning optimism about a nearterm cut in key Bundesbank interest rates and another round of gloomy forecasts for company profits clobbered German share prices on Thursday. Sell- ing, in particular from abroad, and a lack of buyers pushed the blue chip DAX Index below238 words
-
Article216 1992-10-31 15 ITALIAN shares went against the European trend for the second day on Thursday in a row as confidence about the lira and expectations of lower interest rates boosted prices. The MIB Index closed up four points at 848. Turnover was seen at over 200 billion lire. "The novelty is216 words
-
Article333 1992-10-31 15 SWISS SHARES closed a moderately active Thursday session lower. Dealers said weak share prices in Frankfurt dampened sentiment as the market continued to consolidate on a broad front. The SPI Index fell 2.4 points to close at 1,149.0. The SMI Index of leading shares lost four to 1,905.0. Shares333 words
-
Article185 1992-10-31 15 SHARES FELL across the board in relatively active Thursday trade under pressure from a greater-than- expected loss by ball-bearing maker SKF. The All-Share Index closed down 1.54 per cent at 711.22, and the Top-16 Index lost 1.86 per cent. Turnover was 485 million kroner. SKFs A-shares lost eight kroner185 words
-
Article289 1992-10-31 15 BELGIAN SHARES closed firmer on Thursday, buoyed by massive interest in Kredietbank ahead of positive sixmonth results released after the bourse closed. The Bel-20 Index of leading shares closed 2.14 points higher. Some 1.12 billion francs of worth of shares were traded. Dealers said interest in Kredietbank had been289 words
-
Article371 1992-10-31 15 STOCKS ENDED mostly flat with'a; slightly positive bias on Thursday as themarket consolidated from a week oft solid gains and traded sideways, said. "The overall index didn't do anything so we concentrated on just a couple of stocks," one dealer said. The TSE-300 Index ended up 1.3 points at371 words
-
Article437 1992-10-31 15 Oct 29 Clos« Proious NEW YORK Dow Jones 3.246.27 3.251.40 -5.13 S&P500 420.86 420.13 +0.73 Turnover (million) 206.55 203.91 +2.64 L0MD0N FrSE 100 2.642.3 2.650.4 -8.1 Turnover (million) 563 unav FRANKFURT DAX Index 1,493.64 1.510.30 -16.66 AMSTERDAM tot Index 274.98 278.55 -3.57 PARIS CAC-40 unav 1.749.86 ZURICH SPI All-Share 1,149.0437 words
-
-
-
Page 15 Advertisements
-
Advertisement24 1992-10-31 15 The Paris and Johannesburg stock market reports were not available. fSSK-K r offers k the most F current |P Ust o/ job Bp opportunities24 words
-
-
CURRENCY, MONEY & FUTURES MARKETS
-
1248 1992-10-31 16 REPORTS Tokyo: The US dollar will slip against the mark and stay level against the yen in light trading ahead of the weekend and the US presidential election on Tuesday, Nov 3, traders said yesterday. The dollar will trade in1,248 words
-
Article402 1992-10-31 16 Cross rates 30 US$ S$ MS Dm Yen SFr AS NZS USS 1.6180 2.5080 1.5350 123.30 0.6378 1.3700 1.4430 1.8975 SS 0.6180 1.5501 0.9487 76.2052 0.3942 0.8467 0.8918 1.1728 MS 0.3987 0.65 0.6120 49.1627 0.2543 0.5463 0.5754 0.7566 Dm 0.6515 1.0541 1.6339 80.33 0.4155 0.8925 0.9401 1.2362402 words
-
Article638 1992-10-31 16 Interbank rates < Bid Offer Overnight 1 1/2 I 5/8 (•month I 3/4 1 7/8 2-month I 13/16 I 15/16 3-month 1 15/16 2 1/16 j Overnight mode: 1-5/8 US$ Bid Offer i 7 days 3 3/16 3 5/16 I month 3 3/16 3 5/16 2 months 3638 words
-
362 1992-10-31 16 Reuter MILAN The European Investment Bank (EIB) has awakened the eurolira market from its three-month slumber with a 150-billion lire (S$ 181.8 million), five-year bond. But while welcoming the initiative, dealers say the conditions may prove tight. Operators said the pricing of theReuter - 362 words
-
Article1473 1992-10-31 16 SIMEX EURODOLLAR Open High Low Set Est Vol Act/Vol Op/lnt Dcc 92 96.41 96.43 96.40 96.43 6900 6036 ***** Mar 93 96.41 96.45 96.41 96.44 9000 ***** ***** Jun 93 95.99 96.03 95.98 96.01 7500 3009 ***** Sep 93 95.56 95.59 95.54 95.59 1950 1071 3331 Dcc 931,473 words
-
-
COMMODITIES
-
378 1992-10-31 17 LONDON The oil market's confidence in Opec's ability to curb oil supply to match demand ebbed away on Thursday and a plunge in prices paused just short of a free fall. On the back of signs of excess supply from the Organisation of Petroleum Exporting378 words
-
287 1992-10-31 17 Reuter LONDON Cocoa producers and consumers have many tough issues to resolve if a new international pact to support prices is to be agreed at talks in Geneva which begin next week, delegates say. "Cocoa is going through a very critical period.Reuter - 287 words
-
705 1992-10-31 17 REPORTS THE PRICE of tin continued its uptrend to close five sen higher at M$ 14.35 per kg on the Kuala Lumpur Tin Market yesterday. Dealers said despite the US$35 drop on the London Metal Exchange overnight, the metal attracted renewed buying705 words
-
-
Article1435 1992-10-31 17 Rubber HAS Commoc Nty Excfca nfo (futm res dosin C as at 1pm) RSS 1 Contract (S cents/kg) Gose Volume Open Month High Low Sett i (tonnes) Interest Nov 92 143.50 143.50 143.25 50 300 Dcc 143.00 143.00 143.00 50 3,250 Jan 93 0.00 0.00 143.00 0 4,300 Feb1,435 words
-
Page 17 Advertisements
-
Advertisement54 1992-10-31 17 You may have been unable to get your Straits Times, 0 Sunday Times, LianHe Zaoßao and other daily 1 newspapers from your usual newsstand because of the 5 higher demand lately. 0 To ensure a daily copy, call Customer Services Section 1 on 749 2577, and ask for home or54 words
-
Advertisement980 1992-10-31 17 BUSINESS TIMES Toll free Tel No 737 0Q43 -Fa* No: 734 3608 LUM CHANG HOLDINGS LIMITED UNSECURED SERIES A HYBRID BONDS DUE 1995 i In accordance with the provisions of the Bonds, notice is hereby given that for the three-month period from 30 October 1992 to 29 January 1993, the980 words
-
-
506 1992-10-31 18 yS^ESIDLESIISi: MBS* FT WASHINGTON Foreign companies with subsidiaries m the US are waiting anxiously for the result of next Tuesday's presidential election, expecting a new assault on their US profits if Governor Bill Clinton wins. Regardless of who wins, the nextFT - 506 words
-
395 1992-10-31 18 Reuter Washington MudSlinging dominated the US presidential campaign on Thursday as President Qeorge Bush and Democratic front-runner Bill Clinton were locked in a last-ditch scramble for votes. With polls showing a tight race to next Tuesday's finish, the Republican president and Arkansas governorReuter - 395 words
-
Article445 1992-10-31 18 Monday's talks aimed at striking pact on farm subsidies Reuter, AFP BRUSSELS The United States and the European Community, nearing agreement in a row blocking a worldwide trade liberalisation deal, decided yesterday that their farm chiefs would meet in Chicago tomorrow and Monday.Reuter,; AFP - 445 words
-
Article, Illustration296 1992-10-31 18 Reuter BEIJING China has hinted that a vice-premier's planned visit to Britain might be the next casualty in a Sino-British battle over greater democracy for Hongkong. The two sides previously announced that Vice-Premier Zhu Rongji would visit Britain from Nov 15Reuter - 296 words
-
133 1992-10-31 18 Reuter JAKARTA Indonesia's finance Ministry said foreigners may buy bank shares, thfc only ones on Indonesia's stock markets still barred to them, with immediate effect, The announcement, made after the stock exchange had closed, had been widely anticipated after the law allowing the purchaseReuter - 133 words
-
Page 18 Advertisements
-
Advertisement125 1992-10-31 18 >> V;. »j9 V I k I I akT IlilHk I The art of living. From Silik. Each masterpiece skilfully hand<arved and hand-painted by master designers from Cantu. Italy. Reviving the traditional opulence of the Louis XVI era. When the high life was the only way to live for the125 words
-
-
Executive Lifestyle
-
Article, Illustration1424 1992-10-31 19 Elaine Koh - Elaine Koh takes a look at the ways and means of Singapore's rich but not necessarily famous Elaine Koh VISION 1999 may be some way off still, but a number of Singaporeans travelling in the express lane seem to have arrived already. Among those who can well1,424 words
-
STRAWS IN THE WIND
-
Article64 1992-10-31 19 YOU know the problems Singapore seems to be having in deciding on a national dress. Well, China Airlines appears to have solved this problem for us. In its current ad, which shows children in their national costumes, the Singapore child is wearing a safari suit64 words
-
Article41 1992-10-31 19 WE'VE heard about telephone receptionists being called communications experts. It looks like Movenpick restaurant has joined the crowd. One diner ordered the "Mince Salmon with Keema Spices". Guess what was on his plate when the dish arrived? Otak Fish.41 words
-
Article52 1992-10-31 19 EVEN golf has become secretive. The organisers of a local corporate golf tournament wanted some press publicity. But when a journalist asked the obvious "Who's playing?", they wouldn't release the names because the players "might be sensitive". Watch out for the first golf tournament where the players wear52 words
-
Article51 1992-10-31 19 ON Oct 28, a few thousand members of a Korean cult waited for the world to end at midnight. But the leader of the doomsday club probably never believed what he had been preaching. Among the assets he had pocketed from his followers were bonds which mature in51 words
-
-
OPINIONS
-
Article, Illustration948 1992-10-31 20 Margaret Thomas - Margaret Thomas wonders if the Nominated Member of Parliament scheme will signal the beginning of a more vigorous debate of alternative approaches in Singapore Margaret Thomas The writer is the Associate Editor of BT. This article is lifted from the October issue of Singapore Business.948 words
-
Article860 1992-10-31 20 Morton Marcus - With the US presidential election just around the corner, Morton Marcus paints a few possible scenarios using the economy as the only issue Morton Marcus The writer, the Director of the Indiana Business Research Center in the Indiana University School of Business, contributed this860 words
-
Article759 1992-10-31 20 Neville Stack - The Gatt talks and the Hongkong reform package have one thing in common, says Neville Stack; both missed the bus Neville Stack The writer is a UK-based journalist who contributed this comment to BT POLITICS is very much like catching a bus: it is all a759 words
-
688 1992-10-31 20 Christopher Chong - LETTERS TO THE EDITOR Christopher Chong Research Director Kay Hian James Capel WE NEARLY fainted upon laying eyes on what was supposedly Kay Hian James Capel's contribution to BTs Property and Construction supplement of Oct 28, 1992. Overzealous editing resulted in a688 words
-
327 1992-10-31 20 Ms Harjeet Kaur - Ms Harjeet Kaur General Manager Native Communications Pte Ltd I WRITE to correct the unfair impression portrayed by your article of my company in your analysis of the recent Book Fair, "Book trade or pasar malam?", by Nirmal Ghosh (BT, Sep327 words
-
-
LIFESTYLE 1
-
Article, Illustration1086 1992-10-31 21 Harish Mehta - Harish Mehta meets a computer security expert who has cracked down on computer crime in Singapore, and has also worked with the FBI and Scotland Yard to nab hackers employed by the KGB Harish Mehta ONE DAY, they might make a movie out of the1,086 words
-
Article, Illustration587 1992-10-31 21 Jaime Ee - You know about fashion shows. But a trunk show? Jaime Ee finds out what's going to happen at one such do next week Jaime Ee WANTED. Women with money. Perfect figures are optional, as the only assets you will need are liquid ones. The house of587 words
-
Article, Illustration774 1992-10-31 23 Barbara Basler - Barbara Basler on Cognac drinkers in Hongkong Barbara Basler NYT IN this British colony of six million people, most of them Chinese, the preferred drink is fine aged French Cognac, not served neat in classic snifters but in tall tumblers, often over ice orNYT - 774 words
-
685 1992-10-31 23 N K YONG - WINE By N K YONG Recently i had the pleasure of dining at the chefs table in a well-respected Chinese restaurant. He had invited us to show how a Cantonese chef would do a roast leg of lamb, Western-style. What intrigued me685 words
-
-
EPICURE
-
Article, Illustration617 1992-10-31 22 Nirmal Ghosh - At last Pizza! Nirmal Ghosh enjoyed the genuine article at A 1 Forno Nirmal Ghosh AT first glancc the prices on the menu seem surprisingly reasonable at A 1 Forno, the new Italian restaurant or rather trattoria at Novena Villc. Indeed, the prices of the pizzas and the quality of617 words
-
-
PEOPLE
-
Article, Illustration197 1992-10-31 23 EMPLOYERS are taking charge of the 1992 campaign to spread the productivity message. Kicking off their task at a reception recently at the Hyatt Hotel, the Singapore National Employers' Federation and the Singapore Manufacturers' Association said this year's spotlight will be on leadership, commitment to training, teamwork and197 words
-
Article, Illustration146 1992-10-31 23 THEY came, they saw. and they returned to the Indonesian island of Karimun. now the site of a major oil terminal project spearheaded by the Sembawang Group. A groundr breaking ceremony to commemorate the group s official ertce in the Indonesian island was held recently, in which somePhotos by Chris Loh and Arthur Lee - 146 words
-
-
PURSUITS 1
-
Article, Illustration678 1992-10-31 24 Susan Tsang - Susan Tsang has her breath taken away by a refreshingly different genre of Chinese painting Susan Tsang FOR thousands of years, Chinese landscape artists have depicted scholars in the mountains, but those were mainly southern mountains. If they had to paint any snow at all, they678 words
-
Article, Illustration614 1992-10-31 24 Jaime Ee - Jaime Ee tries to keep sane while viewing Raising Cain Jaime Ee Schizophrenics may be mentally ill, but they sure make great party guests. For one thing, you never have to worry that they won't have anyone to talk to at the dinner table. In614 words
-
Article, Illustration618 1992-10-31 24 Susan Tsang - Susan Tsang previews Martin Loh's new exhibition Susan Tsang AFTER his successful exhibition in January, Martin Loh is putting up another exhibition at the Substation this weekend. The self-taught naive artist has been busy expanding his range, adding oils and ceramic painting to his usual watercolours,618 words
-
Article, Illustration695 1992-10-31 25 Samuel Ee - Samuel Ee test-drives Suzuki's new all-wheel-drive vehicle Samuel Ee THE circumstances surroundi n g the acquisition of an all-wheel-drive vehicle in Singapore has often gravitated towards two extremes: necessity or extravagance. For example, if you worked on a construction site, or were an aspiring yuppie attempting to695 words
-
Article, Illustration763 1992-10-31 25 Nirmal Ghosh - Nirmal Ghosh breaks up over Batty in a lush, though slightly tedious, Ferngully Nirmal Ghosh OUTSTANDING effects and colours and Batty Koda, an escapee bat from a genetic laboratory, saves Ferngully The Last Rainforest from the inevitable tediousness of an animation film that seeks to deliver a763 words
-
-
SPORTS
-
SIDE LINES
-
89 1992-10-31 28 ANTWERP James Wattana enhanced his already fine record against Jimmy White with a 5-4 quarter-final success in the £60,000 (S$ 153,000) Humo Belgian Masters here on Thursday. The 22-year-old Thai notched up his 10th victory over the Englishman in 15 tournament meetings even though89 words
-
Article103 1992-10-31 28 PARIS Mario Vazquez Rana yesterday denied he lost US$54 million (SsB7 million) during his brief fling with the UPI news agency. But he does not deny his overwhelming ambition to become president of the International Olympic Committee. He gets his campaign rolling with an estimated US$B103 words
-
Article108 1992-10-31 28 ISLAMABAD Javed Miandad, who led Pakistan to a 2-1 victory in their recent test cricket series in England, has been retained as captain through the next year. The Board of Control for Cricket in Pakistan (BCCP) said after a council meeting in Lahore on Thursday108 words
-
Article92 1992-10-31 28 LONDON Commonwealth heavyweight champion Lennox Lewis and Canadian Razor Ruddock were involved in a heated row about steroids here on Thursday, two days before their world title eliminator. At a head-to-head meeting. Ruddock insisted that the British title-holder should take a prefight drugs test. But92 words
-
Article110 1992-10-31 28 BELGRADE Russian-born grandmaster Boris Spassky won the 26th game in his tournament against American grandmaster Bobby Fischer on Thursday, reducing Fischer's lead in the series to 9-5. Spassky, playing white, forced Fischer to capitulate on the 58th move. Fischer, who won the 25th game on Wednesday,110 words
-
-
Article, Illustration677 1992-10-31 28 Love escapes while others crash AP PINEHURST, North Carolina While Davis Love 111 escaped, Pinehurst picked the pockets of golfs other millionaires in the first round of the season-ending Tour Championship on Thursday. Not only did the famed old number two course inAP - 677 words
-
594 1992-10-31 28 AFP NEW YORK A Zulu who is about to become one of South Africa's first black sporting heros and a 60-year-old keeping cancer at bay will be the stars of tomorrow's New York Marathon. Willie Mtolo had to take part in the lastAFP - 594 words
-
Article, Illustration393 1992-10-31 28 STOCKHOLM Red-hot Henrik Holm upset world number one Jim Courier 6-4, 6-3 on Thursday to move into the quarter-finals of the US$l.3 million (Ss2.l million) Stockholm Open. Holm's victory came after reaching the semi-finals in Sydney and the finals in Tokyo early this month,393 words
-
289 1992-10-31 28 AFP HALL AN DALE, Florida With 56-year-old Lester Piggott aboard, Rodrigo de Triano will start as favourite here today in his bid to become the first European horse to win the US$3 million (554.9 million) Breeders' Cup Classic. Rodrigo de Triano, winner of nineAFP - 289 words
-
Article, Illustration32 1992-10-31 28 JOHANNESBURG Kapil Dev in action on Thursday during the Indian team's first game of their South African tour. India's first match was against the Mickey Oppenheimer XI at Randjiesfontein.32 words
-
584 1992-10-31 28 Now running is Boston Marathon winner's life NYT MARIETTA, Georgia For Olga Markova, the slim dark horse whose sleeper run took her to the winner's circle of the Boston Marathon earlier this year and has made her the women's favourite for tomorrow's New York CityNYT - 584 words
-
-
TRAVEL
-
Article, Illustration619 1992-10-31 29 Nigel Andrews - LETTER FROM NUREMBERG ////A By Nigel Andrews THE LADY at the hotel desk looked blank. "Where were the rallies held?" 1 asked again: "The Nuremberg rallies?" 1 felt like Basil Fawlty. 1 had vowed not to mention World War II or Hitler, but had619 words
-
Article151 1992-10-31 29 As at 10am yesterday: Local dollars to one unit of foreign currency Currencies Bid Offer Australian dollar 1.1180 1.1280 Canadian dollar 1.2900 1.3000 NZ dollar 0.8600 0.8900 Sterling pound 2.5130 2.5330 US dollar 1.6130 1.6230 Local dollars to 100 units of foreign currency Austrian schilling 14.80151 words
-
Article113 1992-10-31 29 Duration Title Venue Organiser Tel Nov 26- Dakar Dakar. Centre Interna- 221/*****2 Dec 7 International Senegal tion Du (fax) Fair Commerce Du Senegal Dec 7 Video Conference The Royal Tama Starley, 071-*****14 Systems Lancaster I BO Technical (fax) Hotel. Services London Dec 26- Valencia Valencia. Feria Muestrano113 words
-
-
Article1241 1992-10-31 29 City Flight ETA Flight ETD *km Bhabi GA970 0010 GA976 0025 Metaida SQ228 2015 RJ187 0130 Amsterdam SQ319 0810 KL838 0040 KL837 1515 SQ342 2300 Auckland NZ21 1700 NZ22 1825 SQ286 2045 B Sari Begawan BI421 1105 SQ182 0930 SQ181 1425 BI422 1205 BI429 2030 BI4301,241 words
-
Article640 1992-10-31 30 JUnityville 1992. Part four of the tale of the terrible mansion. Shawn Weatherly, Stephen Macht and Megan Ward are the new fodder for the house of horror. Midnight tonight at Capitol and Changi 2. 11 am tomorrow at Changi 2. Bask Instinct Michael Douglas is a cop who investigates640 words
-
-
Page 19 Advertisements
-
Advertisement233 1992-10-31 19 |a n B I 3343 5 8 8 3343 6 8 8 r'. GtOGRAPHIQUE. Around the world in 24 hours. i THE WORLD NEVER SEEN A watch THE MECHANICAL ccocr aphique BEFORE: FASHIONED IN 18 K COLD. IT wS/Sm J yjL- Setting new standards in AUTOMATICALLY SIMPLICITY. TURN LEFTSHOWS THE233 words
-
-
Page 20 Advertisements
-
Advertisement25 1992-10-31 20 BT welcomes letters from you. Please address them to: The Editor, Business Times, 390 Kim Seng Rd, S'pore 0923. Letters should include your contact numbers.25 words
-
-
Page 20 Miscellaneous
-
Miscellaneous49 1992-10-31 20 DOONESBURY GARRY TRUDEAU SIR, F VOU FLAYEP I AN OPERATIONAL BGEN 7H&&, IKNOU ***** ROSIN A SCHEME UHAT IPS.UKBTOWM M£.l£flS C£ZjjTO FORCE IRAN 10 "HCf I !HEM LOOKffT aj£T S&KARMSFQRHO&- 1 THB LOOP WN6, MAK- ,->X' TMHAf- Ago* jJk TA6eS, ISNT YOUR !l /AC THE TOUGH CAUS, 54CX W/549 words
-
-
Page 21 Advertisements
-
Advertisement44 1992-10-31 21 Construction crunch Dumb stock market Managing top down I I m P A vfl A u«ftr I\ CAI i I J?aE|^. -i^ylJMMr'^giH^B ?r%4P**' II II J! Spotlights: Pacific Carriers Ltd, Hitachi Zosen Singapore B B f 73 P o »jl j t ON SALE44 words
-
-
Page 22 Advertisements
-
Advertisement760 1992-10-31 22 Nothing where to wine, dine OF j|^^pF p l\ f» I mm ißiltiVilvj|Bk[TMjllßO Plaza Hotel I tn*mt miwomiH nanuti I ALLSON AFTERNOON TEA v 0. Indulge in an endless spread of local and continental high tea favourites at Cafe Fontainebleau. Available on Saturdays, Sundays and Public Holidays 2.30 pm 6.00760 words
-
Advertisement263 1992-10-31 22 "WE. j SW Mtl tar 2 MmM KjSrX O I Th.) ■UTrw'/ SM~tarfint*Mi IMtolfailMltMMiil OMIMKawMI *—*r l»~n from l*m *TV fMM awaAafcte Ditcotheqwe Karaoke MT mowinißrt»p>wom whtmii Plan your next function at the Paramount... We'll make it work r /S V At Paramount Hotel, we've 2 elegant and I aaaS^263 words
-
-
Page 23 Advertisements
-
Advertisement175 1992-10-31 23 AND ENTERTAIN Curry Flavours Spice up this Sunday with our potpurri of curries. And our wondrous Salad Bar for a healthy balance! Buffet Lunch from 12 pm at $19.50++ Buffet Dinner from 6.30 pm at $21.00++ For r*»«rv»tion», ptei»« call CHUrAPOBP 732-1222 extension 1700 mytr* «&> ra m DID YOU175 words
-
-
Page 25 Advertisements
-
Advertisement101 1992-10-31 25 Great bargains on selected merchandise from our Famous Brand Gallery, LI, and other store-wide bargains. Selected Porcelain And Crystalware From Costume Jewellery And Men's Shoes, *4 Belts, Ties And Business Wear. V yr MARIO VALENTINO B -?m Courages Return Air^Tickets^To HHHHIKI IJHHI Every $50 Purchase from Daimaru or Liang Court101 words
-
-
PERSONAL FINANCE & INVESTMENT
-
Article, Illustration1220 1992-10-31 26 Lee Han Shih - Lee Han Shih finds interesting information in the superstore's listing prospectus STOCK Lee Han Shih COURTS (S) Ltd, which last week announced that it is seeking a listing on the Stock Exchange of Singapore, is not what it generally seems to be. To most1,220 words
-
Article, Illustration556 1992-10-31 26 Goh Hiang Fong - Investors looking overseas for more interesting investment opportunities CHART By Goh Hiang Fong The writer is head of Research Lum Chang Securities Pte Ltd THE Singapore stock market has recently found its bottom at the long-term support line AB on the Straits Times Industrials556 words
-
Article, Illustration1044 1992-10-31 26 Paul Leo - r# Last week we highlighted the marvels of leverage.'. 2, from trading futures contracts. This week, Paul L&Jr:* uncovers an even greater leverage instrument Paul Leo IF you are happy with the 4.5 times leverage given by the Nikkei futures, you will be ecstatic with1,044 words
-
Article, Illustration300 1992-10-31 26 Regardless of the outcome of the US Presidential Election on Nov 3, technical charts are forecasting a stronger US dollar. The US dollar has broken above its downward sloping price trendline against the Deutschemark on the daily chart. Price objective of this move300 words
-
Article, Illustration1266 1992-10-31 27 Shoeb Kagda - They're slowly blossoming, these new markets, and promise great returns. Shoeb Kagda provides tips on how to get in on the action Shoeb Kagda SINCE the fall of the Berlin Wall in 1989, capitalism has flooded the globe as former centrally planned economies strive to1,266 words
-
-
Page 26 Advertisements
-
Advertisement14 1992-10-31 26 To advertise your APPOINTMENTS NOTICE ADS CALL OUR SALES SERVICE i > Toll-free S 737-004314 words
-
-
Page 27 Advertisements
-
Advertisement238 1992-10-31 27 I f -*M k I 9 I your shares over the I AW S counter at any of our 28 branches. I 0 Use the loan for any purpose. Bl MANY OF OUR CUSTOMERS WIV HAVE ENJOYED THE BENEFITS! I YOU CAN TOO! I MOWO LEONO FINANCE LTD SWOAPOBt FINANCE238 words
-
-
Page 29 Advertisements
-
Advertisement41 1992-10-31 29 Discover the lengths Fnrnair 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 know Europe from atari to Flnmth.41 words
-
Advertisement25 1992-10-31 29 Difficulty in getting a copy of Her World, Go, Singapore Business, Home Decor, Young Parents? Call our Hotline 749 2577 for locations of nearest newsstands.25 words
-
Advertisement201 1992-10-31 29 WITH YOUR B lk *****1-520 9 Poctcheater Road Bi*» "l 3 Blk 34A #01-342 Margaret Drive r|pi|BtßatokCentral BukUMCTihCaltial Blk 16*01-670 JljjgLjf f 30#0 -01 Marine Parade Rochcr Road H Blk *****01-354 A Scran goon North Ave 1 BEST"rttiSSlSrWBKfyP** •01-01 Blk 303 Ml-723 Coronation Plaza Choa Chu Kang Ave 4 Blk201 words
-
-
Page 29 Miscellaneous
-
Miscellaneous250 1992-10-31 29 Is as lawful to impor- ___Hl_JHL.JlL_pß__jß__.Bt-—JBL— 5 Some prize bull or other I I I I 1 I 1 _1 _l__L_L_ 1(T" Violet in the modern style 10 I I I__L_L_ very keen (4) 11 Obstinate person has to Bft—_^Brz—' put energy into drill (5) IS iW® f il.Bridge player250 words
-
Miscellaneous167 1992-10-31 29 Singapore Outlook: Showers over many areas in the predawn hours and early morning. Report Maximum temperature 28.9 Assoc humidity 78% Minimum temperature 23.6 Assoc humidity 97% Hours of sunshine 0.10 Rainfall in mm 13.7 Rainfall this month 215.7 Rainy days this month 18 World report Asia-Pacific Hi/Lo* Good. Auckland 17/07167 words
-
Miscellaneous32 1992-10-31 29 (SO UUPfT t) BOPIRDROOm OF A LOWPvT'S GONG ON?1 1 fkfcW.... PUL TWC D'R€CTQRS wwe SODOCNLY k Tue»*cp UP..... 7 J -> 1 1 J t ASSOCIATE 0 NCWSPAWtS LTD.. IM2 IM2 »>csL>32 words
-
-
Page 30 Miscellaneous
-
Miscellaneous2071 1992-10-31 30 TODAY'S TV mnj i p.i mjb 10.30 swamp Tw«t I m U.OO Faerie Tale Theatre. 12.00 NN New* (M). Saur Sepuh 111, 4pm, SBC 5 The Adventurers, 1.30pm, 1215 Lasmini wants revenge on $BC S 1.00 Horizon. t Juragan Basra for killing her Motocross specialist Jeff 1.30 Story And Melody2,071 words
-
Miscellaneous626 1992-10-31 30 MOVIES ON TV Maktafc The Law of The to go adventuring... Desert, 10.30pm, SBC 5 A (n Rom€ A rich American lady's son is 10 ear c kidnapped in the Moroccan ffea M 3 desert by her ex-husband. An American woman discovSince governments don't ers er Italian husband havwork, she626 words
-