The Business Times, 6 November 1993
1993-11-06
1
28
https://www.nlb.gov.sg
https://eresources.nlb.gov.sg/newspapers/browse/biztimes
The Business Times
-
Title Section16 1993-11-06 1 Business Times Mi l A (P) 552/12/92 Weekend Edition, November 6-7 1993 WH KNOW ASIA 75«16 words
-
Article, Illustration771 1993-11-06 1 S N Vasuki - Dow Jones continues slide with loss of another 5.5 points By S N Vasuki A SELLING wave swept through Asian and European stock markets yesterday following the overnight plunge in New York and a weak Tokyo bourse yesterday. And the Dow Jones IndustrialSource: Bloomberg - 771 words
-
Article, Illustration412 1993-11-06 1 Sylvia Wong - By Sylvia Wong SINGAPORE Bungalows and semi-detached houses in Singapore now cost at least twice as much as they did three years ago, according to the Urban Redevelopment Authority's (URA) latest private property price index. The prices of these two types of propertySource: URA - 412 words
-
489 1993-11-06 1 Joyce Quek - By Joyce Quek SINGAPORE Those involved with a company from taking it public to its daily management had better read the Stock Exchange of Singapore's new Listing Manual. Designed to be more comprehensive and easier to read, it sets out rules489 words
-
381 1993-11-06 1 William Chia - By William Chia SINGAPORE The billionringgit deal involving the sale of Malayan United Industries' bank and finance company to the Hong Leong Group appears almost sewn up with the suspension of MUI and two Hong Leong Group companies yesterday.381 words
-
2am LATEST
-
87 1993-11-06 1 AFP PARIS French industrial production, excluding building and public works, was almost stable in the second quarter this year, up a mere 0.1 per cent seasonally adjusted by comparison with the first quarter. Insce institute announced yesterday. The Industrial Production Index, without building andAFP - 87 words
-
Article60 1993-11-06 1 AFP Thais in arms factories TRIPOLI Libya yesterday denied it was producing chemical arms and had hired Thais to work in the industry in breach of a UN convention banning such weapons. Washington has warned it could not guarantee the safety of Thai workers in Libya ifAFP - 60 words
-
72 1993-11-06 1 AFP MOSCOW Russia intends to restrict foreign banking activity for up to three more years to protect the country's domestic banking industry from large Western competitors. Interfax news agency said yesterday. Finance Minister Boris Fyodorov published a statement saying his ministry would upholdAFP - 72 words
-
-
Article, Illustration114 1993-11-06 1 Stack market indices Friday Change STII 2.068.72 -55.13 KLSE Composite —944.94 -32.12 Nikkei 18 590.46 -359.33 Hang Seng 1.996 93 -207.95 SET Index 1.285 47 +0.54 Jakarta Composite ...507.22 +6.47 CLSA China B 1.113 64 +6.35 Aust AU Ord 2.079.9 -21.7 FTSE 100 3.085.6 -63.4 Friday Proiom 10.30am114 words
-
Page 1 Advertisements
-
Advertisement20 1993-11-06 1 Jfestyle Cover Story: el t Cambodia's paper tigers 5 •US October jobless rate up despite 177,000 new jobs, Back Page20 words
-
Advertisement11 1993-11-06 1 Hock Lock Siew: Pg 5 Why is Union Paper still suspended?11 words
-
Advertisement272 1993-11-06 1 %>PF-approved unit trust: el 4 \aknching of Morgan GrenfelVs SPT Why Singapore stocks may not be overvalued, EL4 SPH net earnings leap 21pc SINGAPORE Press Holdings And to make SPH shares enjoyed a2l per cent leap in more accessible to small innet earnings to $226.33 mil- vestors, they can be272 words
-
Advertisement58 1993-11-06 1 ■x I 1 CONTENTS I S pore News 1 Spcxf-M su ...5.6 Regional News J Financial 7 World News 4 Features Wiikets Opmnrts H2 Cur renews 1 Epcurt [LlO S«n« Commodities 8 TV litest* 1112 World .9 Sports 13.14 Regional .9.10 Regional Focus lb Ctob W.SE. SES. 11.12 SfltacriftiMi TH58 words
-
-
SINGAPORE NEWS
-
Article, Illustration413 1993-11-06 2 Lilian Ang - From Lilian Ang in HANOI BURTON Engineering, a Singapore company licensed to build a US$45 million (5571.1 million) hotel and office complex on the former "Hanoi Hilton" prison site, plans to start work on the project next month. Company413 words
-
564 1993-11-06 2 Anna Teo - By Anna Teo THE GRADUATE job market was not as strong for the Class of 1992, with fewer getting multiple job offers, or getting employed at all. In all, 89.3 per cent of the 1992 National University of Singapore (NUS) and Nanyang Technological564 words
-
Article, Illustration126 1993-11-06 2 EDMUND Cheng Wai Wing, deputy managing director of listed Wing Tai Holdings, has been confirmed as chairman of the Singapore Tourist Promotion Board (STPB). According to a notification by the Ministry of Trade and Industry to STPB, the confirmation took effect126 words
-
202 1993-11-06 2 JAPANESE businessman Masaru Yanagisawa of Hakodate, on the island of Hokkaido, was appointed by the Singapore Tourist Promotion Board (STPB) as its first Honorary Tourism Consul yesterday. An STPB statement said that its chairman. Edmund Cheng Wai Wing, was present at the202 words
-
239 1993-11-06 2 THE Economic Development Board (EDB) and HewlettPackard Singapore will jointly lead a team of local companies to the US to explore opportunities to develop and market accessories which complement HP's range of products. Local companies participating in the two-week mission239 words
-
-
Page 2 Advertisements
-
Advertisement23 1993-11-06 2 A Different CHQISTMAS Christ nuts Beijing i*beijing chinese orchestra Popular GOSIMAsS Carols Reinvented on CHINESE (String Instruments One of a Kind! SKIN PONYCANYON23 words
-
Advertisement46 1993-11-06 2 SPH'S NEWSPAPERS MAGAZINES NOW AVAILABLE AT THE FOLLOWING 4CALTEX [SERVICE STATIONS! For enquiries on availability or subscription. please call SPH Customer Relations Hotline 1800-749 2577 STRAIGHT TALK You shouldn't have to read between the lines to get the full picture. Companies Markets. Everyday. SINGAPORE Business Times46 words
-
Advertisement189 1993-11-06 2 Caltex Stations: Ang Mo Kio S/Stn 1351 Ang Mo Ko Ave 1 Bukit Batok S'Stn 50 Bt Batok East Ave 3 Changi Rd S/Stn 78 Changi Rd Choa C Kang S/Stn 612 Choa Chu Kang Rd Jurong Port Rd S/Stn 27 Jurong Port Rd MacPheraon Rd S/Stn 68 MacPherson Rd189 words
-
-
THE REGION
-
633 1993-11-06 3 Reuter, Knight-Ridder. TOKYO Japanese Prime Minister Morihiro Hosokawa was quoted yesterday as saying that it would be difficult for the Japanese government to implement an income tax cut by the end of this year, in response to a request submittedReuter,; Knight-Ridder. - 633 words
-
351 1993-11-06 3 Reuter BANGKOK Thailand, eager to gain a foothold in the energy trade with its booming Asian neighbours, is holding informal talks with China on oil product exports with an eye to refining and marketing deals. It is also eager to establish petrol stations inReuter - 351 words
-
Article, Illustration55 1993-11-06 3 AFP JAKARTA Banner-waving students protesting at the Transport Ministry in Jakarta yesterday, demanding the resignation of Transport Minister Haryanto Dhanutirto, whom they say is responsible for Tuesday's Depok train collision in which 20 people died. The 100 students also demanded the government provide education fundsAFP - 55 words
-
340 1993-11-06 3 The Kajima scandal Bloomberg. UPI TOKYO A senior vice-pres-ident of construction giant Kajima Corp gave a five million yen (5573,000) donation to a party co-leader in Prime Minister Morihiro Hosokawa's coalition government, a major newspaper reported yesterday. The AsahiBloomberg.; UPI - 340 words
-
182 1993-11-06 3 AFP JAKARTA Indonesia will continue to curb offshore borrowing and import levels in an effort to safeguard the country's balance of payments, the Antara news agency said yesterday. "Through this coordination, the use of commercial loans can be channelled to high-pri- ority projectsAFP - 182 words
-
282 1993-11-06 3 Reuter TOKYO European Community commissioner Karel Van Miert warned Japan yesterday that the EC will change trade negotiating tactics if European companies do not gain freer access to the Japanese market in the coming months. "If that (results on market access) isReuter - 282 words
-
ASIA NOTES
-
71 1993-11-06 3 AFP BANGKOK Workers from 60 state enterprises are pressing the government for reinstatement of their rights to form unions, a Labour Ministry official said yesterday. Nikom Chandravithun said workers asked labour and interior minister Chavalit Yongchaiyuth to speed up submission of a government-sponsored bill toAFP - 71 words
-
Article, Illustration71 1993-11-06 3 AFP MAGSAYSAY, Philippines Philippine President Fidel Ramos, a retired general, training the sight of an M 220 A 2 Tow 2 anti-tank weapon yesterday at an imaginary target as US and I'ilipino troops look on. Mr Ramos visited Fort Magsaysay, an army camp northAFP - 71 words
-
Article64 1993-11-06 3 Knight-Ridder SINGAPORE Australian Deputy Prime Minister Brian Howe said yesterday that recent economic data from Australia confirmed the country's recovery was growing. Australia already has recorded positive growth over several quarters, confirming "the trend towards a stronger economy" and proving it was not a "fly-by-night recovery",Knight-Ridder - 64 words
-
Article64 1993-11-06 3 Bloomberg Business News NEW DELHI The United States' investment in India in the seven months to July this year totalled U*****.76 million (SSI.3 billion), accounting for 53.32 per cent of the total foreign investment in India, says a background paper prepared by the Indo-US JointBloomberg Business News - 64 words
-
Article67 1993-11-06 3 AFP BEIJING China will officially join the Patent Cooperation Treaty on Jan I, in another step to increase protection of intellectual property rights, it was reported here yesterday. Ma Lianyuan, deputy director general of the patent office, said China's accession as the treaty's 61st memberAFP - 67 words
-
-
480 1993-11-06 3 Knight-Ridder, AFP TOKYO The United States ambassador to Japan. Walter Mondale. said yesterday the nations of the Asia Paeific Economic Co-operation forum would issue a "declaration of trade and investment framework" at the end of their meeting in SeattleKnight-Ridder,; AFP - 480 words
-
530 1993-11-06 3 Reuter BEIJING Economic reforms have pushed Chinese society to a turning point, presenting the chance for new social growth but also the danger of chaotic breakdown, according to a report prepared for the government. The report, compiled by the sociology institute ofReuter - 530 words
-
234 1993-11-06 3 AFP. Knight-Ridder HONGKONG China will strive to reach an accord with Britain to build a new airport in Hongkong, despite a deadlock in current Sino-British talks over the territory's democratic reforms, a senior official said yesterday. Chen Zuoer. director ofAFP.; Knight-Ridder - 234 words
-
252 1993-11-06 3 Reuter, Bloomberg Business News FURUKAWA, Japan Japanese rice farmers, angry and hitter over the government's decision to allow emergency rice imports, say the government's misguided rice policy is the root cause of this year's chronic shortage. They claim the government's longstanding policy toReuter,; Bloomberg Business News - 252 words
-
-
THE WORLD
-
572 1993-11-06 4 Reuter BRUSSELS EC Commission President Jacques Delors, seeking a "new deal" that will cut the Community's jobless queues in half, has drawn up a plan to create 20 million jobs by. the end of this century. With EC leaders increasinglyReuter - 572 words
-
362 1993-11-06 4 AFP PARIS. France's conservative government has accepted the idea of the four-day week in a bid to contain soaring unemployment, but amid deep divisions in its own ranks. The drastic cut in the working week by 15 per centAFP - 362 words
-
353 1993-11-06 4 Reuter BONN German unemployment rose sharply to record levels in October, the Federal Labour Office said yesterday, and economists said many more jobs would be lost before the economy recovered. The Labour Office said western German seasonally adjusted joblessness rose by nearlyReuter - 353 words
-
Article, Illustration306 1993-11-06 4 Reuter OTTAWA Canada's new Liberal leader. Prime Minister Jean Chretien, demanded clearer trading rules with the United States on Thursday, saying he will not be as close to Washington as his Conservative predecessor. "The previous prime minister very often would say 'yes'Reuter; AFP - 306 words
-
257 1993-11-06 4 AFP WASHINGTON The Central Intelligence Agency warned Congress on Thursday that rejection of the North American Free Trade Agreement would hurt United States interests throughout Latin America. Many regional leaders would lose faith in Washington's will to support itsAFP - 257 words
-
244 1993-11-06 4 Reuter WASHINGTON US Secretary of State Warren Christopher has dropped Haiti, Bosnia and Somalia from his list of priorities for America's foreign policy. US priorities, he said, are to strengthen its economic interests abroad, support reform in the former Soviet Union, renew theReuter - 244 words
-
Article, Illustration275 1993-11-06 4 Paul Leo - By Paul Leo SINGAPORE Asia contributed one-quarter of Citicorp's global earnings, said its chairman and chief executive officer John Reed yesterday. Citicorp's third-quarter earnings were US$52B million (SSB39 million), or 97 US cents a share, nearly five times the US$ll6 million earnings275 words
-
-
Page 4 Advertisements
-
Advertisement39 1993-11-06 4 I 1 Please mail/fax/telephone to: ZB Customer Relations Section I Circulation Ltd, ®PRS SWiBST-t*® tA»?J««W*±K!tI I —-a?—'" Your monthly subscription fee will be collected by the #l«Wf ***WT*j» .6*sl® a end r I nw a«H-sie Address: **A*E Signature: Da*39 words
-
-
COMPANIES & MARKETS
-
686 1993-11-06 5 Genevieve Cua - By Genevieve Cua SINGAPORE Singapore Press Holdings yesterday announced a strong set of fullyear results with net earnings up 21 per cent to $226.33 million, thanks to a healthy rise in advertising revenues and lower newsprint686 words
-
242 1993-11-06 5 Bernama BUTTERWORTH, Penang Southern Steel Bhd, a pioneer in steel products manufacturing and an associate of Singapore's Nat Steel Ltd, is considering joint-venture agreements with local companies in Vietnam and China. Southern Steel Holdings financial controller Chan Kit Meng said the project wasBernama - 242 words
-
Article, Illustration326 1993-11-06 5 Joyce Quek - Stock ends higher despite market's downtrend By Joyce Quek SINGAPORE Singapore Telecom stocks should find support at 53.80, say brokers and analysts after Day 5 of the utility's trading on the bourse. The stock held up very well yesterday, a clear indication ofSource: Bridge Info - 326 words
-
Article, Illustration726 1993-11-06 5 William Chia - HOCK LOCK SIEW By William Chia SINGAPORE It is hardly surprising that toilet paper company Union Paper Holdings Bhd is once again the subject of intense speculation. The company, which is listed on the second board, has the dubious distinction of nearly aborting the KualaSource: Bloomberg - 726 words
-
171 1993-11-06 5 SINGAPORE Property developer Bukit Sembawang Estates has obtained permission to build 1,027 houses in the Seletar Hills area, but it will have to pay a development charge of about $95 million. In a statement to the Stock Exchange of Singapore yesterday, the171 words
-
344 1993-11-06 5 Teh Hooi Ling - By Teh Hooi Ling SINGAPORE The Stock Exchange of Singapore (SES) has. against the wishes of Ses-daq-listed Heshe Holdings, made public Heshe's explanation on why it incurred a 57.7 million loss in the second half of its financial year ended344 words
-
Article148 1993-11-06 5 SINGAPORE Stockbroker Kay Hian James Capel said yesterday that it had placed out new shares equivalent to 10 per cent of its capital, confirming an earlier BT report of its fund-raising exercise. Kay Hian appointed OCBC Bank as manager for the private placement of 33.27148 words
-
Article, Illustration320 1993-11-06 5 Source: Bridge Info Performance of STII's Index stocks Nov 5 l«i Sease liirt Stark sale Chge factor aown (V) Avimo I 830 -0.010 I 29 0.27 CAC 7 550 -0.400 5.34 10.61 CWT 2.610 -0.050 1.84 1.33 Ceretoos 6.700 -0.350 4.74 9.28 FAN IS 100 -0.700 10.67 18.57 GenMagSource: Bridge Info - 320 words
-
COMPANIES
-
COMPANY BRIEFS
-
92 1993-11-06 6 Reuter SINGAPORE A number of Singapore brokerage houses and merchant banks are working with C hinese companies in an effort to get them to list in Singapore, Stock Exchange of Singapore executive vice-president Teng Cheong Kwce said yesterday. In a television interview. MrReuter - 92 words
-
Article64 1993-11-06 6 AP SINGAPORE Singapore Airlines will sign a letter of intent next week with the Cambodian government to manage an airline, a senior official of the airline said yesterday. The official, who spoke on condition of anonymity, said the duration of the contract, leasing of aircraft,AP - 64 words
-
Article58 1993-11-06 6 Bloomberg Business News LONDON United Biscuits pic said it formed an equal joint venture with Indonesia's largest food manufacturer Indofood Group, controlled by billionaire Liem Sioe Liong, to make biscuits. The Scotland-based snack and cookie manufacturer said the venture, called Übindo Aneka Biscuit, willBloomberg Business News - 58 words
-
Article63 1993-11-06 6 SINGAPORE United Industrial Corporation (UIC) announced yesterday that its. subsidiary UIC Development has exercised the put option requiring Liem Sioe Liong's First Pacific Land to buy Relax Beach Company's 5.4 million shares. The consideration is about 522.7 million. The sale was completed yesterday and has63 words
-
58 1993-11-06 6 Bloomberg Business News KUALA LUMPUR Ting Pck Khiing, executive chairman of Ekran Bhd and Pacific Chemicals Bhd, denied he is buying a stake in timber processor Seal Bhd, the Star newspaper said yesterday. Mr Ting, who said he didn't even know who owned Seal,Bloomberg Business News - 58 words
-
Article64 1993-11-06 6 SINGAPORE QAF Ltd announced that at the close of its rights issue on Thursday, it received acceptances for $61.67 million principal amount of loan stock (with warrants), representing 98 per cent of the total offered under the rights issue. On top of that, excess application64 words
-
43 1993-11-06 6 SINGAPORE Sesdaq-listed Jaya Holdings has replied to the Stock Exchange of Singapore that it is not aware of any event or development that could have brought about the recent price and turnover movements in its shares.43 words
-
-
Article466 1993-11-06 6 UNIT TRUSTS FUNDS M—gm' prices Nov 6 8 NTUC IlKOme Singapore Unit Trust income 3.99 4.13 The Commerce 1.57 1.65 Prudential The Savings Fund 1 47 1.54 PruLink Mgd Fund 1.35 1.42 S'pore Prog Fund 0.66 0.69 S pore Sec Fund 0.97 102 MARA-Bumiputra S pore Invest Fund 1.12 1.18466 words
-
Article746 1993-11-06 6 Payment Ex Books Pay date close date AISB 50* b 5 Dec 31 Jan 14 Jan 21 Bedford 50« F 2.5 Nov 3 Nov 17 Dec 8 Berjaya Group F 8 Dec 10 Dec 24 Jan 18 Berjaya Ind F 5 Dec 1 Dec 15 Dec 31 Berjaya746 words
-
349 1993-11-06 6 Catherine Ong - Group to write off HKSI.4 billion From Catherine Ong in HONGKONG HUTCHISON WHAMPOA announced yesterday that it will shut down its loss-incur-ring Rabbit Telepoint phone business in the UK. The announcement, made after the close of the Hongkong stock market, said that Hutchison349 words
-
Article, Illustration387 1993-11-06 6 AFP KUALA LUMPUR Malaysian cellular phone company Celcom yesterday announced it had launched a US-designed wireless data communication system with the fastest transmitting speed in the world and planned to expand it ly"We're negotiating with cellular phone companies and telecommunications authorities in Thailand. Hongkong,AFP - 387 words
-
179 1993-11-06 6 AFP HONGKONG Eight groups "have told Hopewell Holdings Ltd they will take up 32 per cent of its combined public offering of shares in its soon-to-be-floated electric power subsidiary, Hopewell said yesterday. In a statement, the Hong-kong-based public works contractor saidAFP - 179 words
-
399 1993-11-06 6 AP BANGKOK One of the biggest companies on the Thai stock exchange. Bangkok Land, may participate in taking over equity in a controversial Bangkok expressway, a local radio report on Thursday said. The Nation news radio said the property developer wasAP - 399 words
-
380 1993-11-06 6 Reuter TAIPEI Taiwan Aerospace Corp (TAC) has proposed to British Aerospace pic that they cancel plans for co-production of the RJ regional passenger jet. TAC's acting president Chu Hsing said yesterday. But Mr Chu said TAC wanted to continue talks with BritishReuter - 380 words
-
213 1993-11-06 6 Reuter WELLINGTON Standard and Poor's said it had placed the B+ and B unsecured long-term ratings of brewer DB Group Ltd on credit watch with positive implications following the change in the company's ownership on Wednesday Another factor was DB's plannedReuter - 213 words
-
212 1993-11-06 6 UPI LONDON Virgin Atlantic Airways is negotiating with airlines in the UnUed States and the Far East for marketing and customer-sharing deals to help it compete head-on with its larger rival British Airways, a company spokesman said yesterday. Virgin spokesman JamesUPI - 212 words
-
205 1993-11-06 6 Reuter HONGKONG China Aerospace International Holdings Ltd yesterday said it is planning a two-for-one rights issue, raising a total of HKSI.I2 billion (*****.8 million) by issuing 620 million new shares at HKSI.BO each. This compares with its Wednesday close of HKS3.6O and is atReuter - 205 words
-
343 1993-11-06 6 Bloomberg Business News TOKYO Falling sales and the strength of the yen cut into earnings at two of Japan's top machinery makers. Komatsu Ltd and Amada Co. the companies said yesterday. Construction equipment giant Komatsu said its current profit for the half-yearBloomberg Business News - 343 words
-
-
FINANCE & COMMODITIES
-
436 1993-11-06 7 NEW YORK The plunge in the bond market over the last week, which pushed the yield on the 30-year bond to 6.17 per cent on Thursday, has been a little like the fires in California. Selling has swept the market like436 words
-
362 1993-11-06 7 Soh Tiang Keng - By Soh Tiang Keng SINGAPORE Citibank has launched a home equity financing scheme allowing HDB homeowners to take advantage of rising property values. Under this scheme, a home owner can borrow money against the appreciation in the value of his HDB or362 words
-
Article, Illustration398 1993-11-06 7 DBS Weekly Currency Review LSS/DM: Bulls still in action The US dollar climbcd to 1.7070 last Tuesday before correcting to 1.6865 on Thursday. Thereafter, it recovered to trade around the 1.6950 level yesterday morning. The double bottom objective of 1.7255 remains intact and more gains398 words
-
267 1993-11-06 7 SINGAPORE Paribas Asset Management, a member of the Banque Paribas group of France, will set up a fullyowned fund management subsidiary, PAM Asia Ltd, in Singapore. The principal role of PAM Asia is to manage all discretionary funds to be invested in267 words
-
341 1993-11-06 7 Reuter NEW YORK US currency options traders arc keeping an eye on the proposed merger of the Philadelphia Stock Exchange (PHLX) with the Chicago Board Options Exchange (CBOE). The currency options exchange, PHLX's crown jewel, is said to be the main motivation behind CBOE'sReuter - 341 words
-
207 1993-11-06 7 Reuter KUALA LUMPUR Malaysia's central bank intervened in the foreign exchange market yesterday to support the ringgit which was hit overnight in the US by rumours that Bank Negara wants a weaker currency. dealers say. "Negara came in very strongly today to sell dollarsReuter - 207 words
-
Article, Illustration134 1993-11-06 7 Asian currencies saw an active volatile day of trading yesterday. particularly in USS/SS and USS/MS. Buoyed by olTshore buying on Thursday night, the USS opened higher at 1.5930/40 against the Ss. It was taken to a high of 1.5960 on short-cov-ering before profit-taking and fresh134 words
-
174 1993-11-06 7 ENERGY REPORT AFP PARIS The International Energy Agency said yesterday that crude oil production by the Organisation of Petroleum Exporting Countries (Opec) dipped by 0.17 million barrels a day in October from September. to 24.65 million b/d. That compares with the Opec productionAFP - 174 words
-
Article217 1993-11-06 7 Reuter LONDON The dollar was j back at centre stage in Europe I yesterday, climbing over half a j pfennig, after the long awaited arrival of the US jobs report kept US economic recovery i hopes on the boil, said analysts, j Non-farm payrolls rose a bet- ter-than-expected 177.000Reuter - 217 words
-
Article80 1993-11-06 7 AFP NEW YORK The dollar made modest gains during brisk trading early yesterday against other major currencies following the release of encouraging US unemployment figures. At about 9:00 am, the dollar traded at 1.7013 German marks, up from 1.6960 marks late on Thursday and 108.20 yen against 108.15AFP - 80 words
-
Article, Illustration1608 1993-11-06 7 I raJe-nttgHinJ index inkvhlnJ axainM Spon top 14 iruJinx partner* Ha* year m< US$/S$ forward rates Noon Nov 5 Bid oflrr l-monih 1.5899 1 5914 :-mon(h 1 5888 1 5903 J-month 1.5879 1 5894 6-monlh 1.5867 1 5887 Sonny OCBC Source: OCBC FOREIGN CURRENCY NOTE RATES As at ltaa m1,608 words
-
-
COMMODITIES & FUTURES
-
1320 1993-11-06 8 SIMEX REPORT Reuter SINGAPORE Simex Eurodollar interest rate futures finished steady on short-covering ahead of critical US non-farm payroll figures yesterday. Sharply lower share prices in Japan and investors fleeing Japanese investments were thought to have shored up Eurodollars, dealers and brokers said.Reuter - 1,320 words
-
604 1993-11-06 8 COMMODITY REPORTS Tin TIN closed 10 sen lower at MSI 1.88 a kg yesterday, extending overnight's fall after a weaker London close prompted some initial high offerings. Traders said the market noted an opening offer of 111 tonnes against bid of 61. Turnover604 words
-
KNIGHT-RIDDER COMMODITY SUMMARY
-
Article92 1993-11-06 8 LONDON The European Community's grains management committee meeting was brief on Thursday, with an agenda limited to the usual adjudication of export tenders and changes to the working of the export refund system. Officials agreed to a tender for the sale of 40.000 tonnes92 words
-
Article85 1993-11-06 8 BANGKOK The Thai government has set 1993-94 (November to October) domestic sugar consumption at 1.325 million tonnes, up 3.5 per cent from 1.280 million in 1992-93. a Ministry of industry official said yesterday. The country's 46 sugar mills must ensure they produce enough to meet the85 words
-
Article75 1993-11-06 8 TOKYO Japanese and Taiwanese buyers are still chasing Chicago Board of Trade D«*mber corn futures higher, trying to complete pricing of basis contracts before ships leave US ports. Japanese feed mills have been behind usual pricing levels for weeks, and now have completed on average75 words
-
89 1993-11-06 8 TOKYO Japan's domestic soymeal business continued to stagnate as trade houses awaited a go-ahead from Zennoh, the major agricultural cooperative that usually leads domestic business. "In retrospect, we should have started the January to March business in early October." said one trader. But Zennoh said89 words
-
-
Article1683 1993-11-06 8 Rubber Nov 5 HAS Com m< xHty Exchange (hit arts closing as at lpni) HAS (physical prices) RSS 1 Contract (S cents/kg) Inyors Sellers Close Volume Open As at 12 noon O cents/kg) Month High Low Sett (tonnes) Interest KSS 2 Dec 93 ***** 129.00N Dec 93 Jan1,683 words
-
-
REGIONAL STOCK MARKETS
-
Article1238 1993-11-06 9 -21.7 STOCKS concluded a disappointing week with another sharp fall, although brokers are still bullish about the market. They blamed nervousness created by weaker offshore markets for the drop in the All Ordinaries Index, which shed 21.7 points or 1.03 per cent to 2,079.9. It can>e off a low1,238 words
-
Article591 1993-11-06 9 -35.42 Share prices tumbled for the second straight day as local investors reacted to the two-day drop in the US market and sold heavily to take profits, brokers said. Market heavyweight Philippine Long Distance Telephone Co (PLDT), which fell US$ 1-3/8 overnight on Wall Street to US$6l-5/8. triggered the591 words
-
Article537 1993-11-06 9 -14.55 Heavy profit-taking from recent sharp gains pulled Taiwan stocks to a lower close after small cuts in official interest rates were announced late on Thursday. The weighted index opened 41 points up but ended 14.55 points down at 4.246.01 in heavy turnover of NTS4O.B billion. Brokers said the537 words
-
Article439 1993-11-06 9 -1-6.75 Stocks closed a volatile day higher after healthy interest in blue-chip manufacturings and financial shares fuelled the index to a new year high, immediately inviting profit-taking, brokers said. The composite stock index ended 6.75 points higher, off a high of 779.65 in late morning, at 773.30. This year's439 words
-
Article272 1993-11-06 9 -10.98 The share market rallied off its lows in afternoon trade, the NZSE-40 index recovering from 2.175.21 to end at 2.185.26, down 10.98 points. Fletcher Challenge recovered from a morning low of NZ$4.ll to finish the day one cent higher at NZ$4.2l. Most other leaders were weak with272 words
-
Article81 1993-11-06 9 -1-29.65 Stock prices rose in after hours kerb deals on continuation of an uptrend which built up in the last few minutes of trading, brokers said. For most part of the official trading session, select stock prices had gained while the in-dex-weighted shares languished, they said. But a late81 words
-
-
WORLD STOCK MARKETS
-
Article813 1993-11-06 9 -63.4 SHARES closed sharplylower scoring a loss of 63.4 points or 2.01 per cent at 3,085.6 on the FTSE 100 index as other European exchanges showed similar slumps. The moves were largely a response to falls in US Treasury prices as major bourses attempt to come to terms with813 words
-
Article129 1993-11-06 9 •54.96 French shares tumbled to a sharply lower close in very heavy volume even by recent standards. The CAC-40 ended off its day's lows after dipping over three percent at one point, as Wall Street recovered its poise. The CAC-40 index ended down 54.96. or 2.57 per cent, at129 words
-
Article237 1993-11-06 9 -50.05 German shares ended at a three-week low, leading traders to believe that a longer break in the general upward trend which has been in place since early August might now be in store. The 30-share DAX dipped almost to the 2.000 point level in Friday trade before buyers237 words
-
Article174 1993-11-06 9 -19.7S Shares ended the first day of the new account lower, dragged lower by profit-tak-ing and weakness on other European bourses after losses on Wall Street overnight. But share volume was modest and underlying sentiment remains solidly bullish amid expectations of lower Belgian interest rates, dealers said. The Bel-20174 words
-
Article258 1993-11-06 9 -28.99 Swiss shares continued Thursday's correction which followed a long period of almost unbroken rises. The market ended down, but ofT lows in heavy volume. Dealers said the market saw profit-taking and a lot of pressure from derivatives. with players buying futures or options and selling underlying stocks. The258 words
-
Article329 1993-11-06 9 -14 Gold shares soared in steady trade following bullion's rally close to US$3BO an ounce, but dealers said any bullion retraction would take shares lower next week after recent strong gains. Industrials were sluggish again as they struggled for direction after recent bullish sentiment ran out of steam, with329 words
-
Article273 1993-11-06 9 -50.3 The TSE 300 composite index nosedived 50.3 points, or 1.2 per cent, to 4,163.4 in brisk early dealings yesterday. All of the TSE's 14 subsectors except precious metals dropped, with particularly sharp slides in financial serv ices, consumer products and conglomerates. "When the bubble bursts the air keeps273 words
-
Article816 1993-11-06 9 -16.48 The stock market was mostly lower yesterday morning after interest rates spiked higher in reaction to new economic data. The Dow Jones Industrial Average managed to eke out a small gain in early action before sinking anew. Thirty minutes after the opening the blue chip indicator was816 words
-
Article148 1993-11-06 9 -27 Italian stocks were pounded by political tension in Italy and by fears of rising interest rates in the US. traders said. Share prices also fell heavily in other major European markets, while prices arc sharplv lower in the US. The Mibtcl index of scrccn-traded blue chips closed 2.4148 words
-
Article254 1993-11-06 9 -8.92 Dutch stocks plunged in high-volume trading as investors moved to sell off holdings after Thursday's drop on Wall Street, traders said. A lack of encouragement from European bond markets and selling pressure on other European stock markets also depressed Dutch shares, traders and investors said. The EOE index254 words
-
Article615 1993-11-06 9 Stockholm No» 5 Skr Aiea 54K 00 -800 Aura ***** -5 00 AlUs C opeo ***** -12.00 Ericsson 455 00 -25 00 Eiab ***** unch S-E-Bankcn 5700 -1 50 SkF 125 00 100 Sands it I '2 00 -2 00 Standi! I'6 00 -6 00 Vulso 435 00 -1000 Vienna615 words
-
-
Article, Illustration3026 1993-11-06 10 Reuter HONGKONG Stocks finished sharply lower yesterday with the Hang Seng Index marginally below the psychological 9.000 level, although late bargain hunting helped it recover many of its early losses. The blue chip indicator tumbled 207.95 points, or 2.26 per cent, to close a choppy week at 8.996.93. ItReuter; Source: Bridge Info - 3,026 words
-
Article, Illustration243 1993-11-06 10 THE Shanghai B market saw heavy trading with turnover totaling 3.238 million shares yesterday. Most counters closed higher or unchanged. The star performer was Tyre Rubber rising 2.33 per cent with 4.23 million shares traded. The CLSA B Index jumped 7.04 points to close at 840.52. In Shenzhen, SouthernSource: Bloomberg - 243 words
-
Article, Illustration2521 1993-11-06 10 AFP TOKYO Selling pressure depressed stock prices yesterday for the second day running, sending the key Nikkei index down to a seven-month low amid gloomy perspectives for the Japanese economy. The Nikkei Stock Average of 225 selected issues in the major first section plunged 359.33 points or 1.9 perAFP; Source: Bridge Info - 2,521 words
-
Article, Illustration1846 1993-11-06 10 Bloomberg Business News BANGKOK Stock prices were little changed yesterday, marking a quiet ending to the market's most-active trading week ever. The Stock Exchange of Thailand composite index was up 0.54 point, a change of less than 0.1 per cent, to 1.285.47 with 162 issues advancing. 115 declining andBloomberg Business News; Source: Bridge Info - 1,846 words
-
Article, Illustration1087 1993-11-06 10 Reuter JAKARTA Share prices, spurred by foreign and local demand for bank stocks, closed higher in active late trading yesterday. The official index rose 6.47 points to close at 507.22. "Most bank stocks rose under sustained demand." one local broker said. Bank Niaga and Bank Bali closed up 600Reuter; Source: Bridge Info - 1,087 words
-
Article, Illustration2664 1993-11-06 11 Source: Bridge Info Source: Bridge Info MOST ACTIVE volume Berjava Group 19.878.000 MBf Hldgs 50c 16.612.000 Mulpha Intl 50c 14 450.000 FACB 50c IJ.J56.000 Idns Hvd 50c 13 294.000 Asia Vic Ld 50c 12.353.000 MUI 11.871.000 Promcl 11.530.000 Mctropfex 50c 9 798.000 Kamunling 50c 8.718.000 Fahcr Group 8.635.000Source: Bridge Info - 2,664 words
-
KUALA LUMPUR STOCK EXCHANGE
-
Article, Illustration5838 1993-11-06 11 Bernama KUALA LUMPUR Share prices closed easier on a broad front yesterday as players liquidated positions for profits ahead of the weekend. A dealer said weak overseas bourses and restrictions imposed by some local brokers put a halt to the bull run, leading theBernama; Source: Bridge Info - 5,838 words
-
-
STOCK EXCHANGE OF SINGAPORE
-
Article, Illustration8472 1993-11-06 12 R Sivanithy - By R Sivanithy SINGAPORE Barely two days after setting an all-time high and only five days after the listing of Singapore Telecom which was supposed to have sent the market soaring even higher share prices corrected sharply yesterday on news of a plungeSource: Bridge Info - 8,472 words
-
Article, Illustration72 1993-11-06 12 Paul Leo - Paul Leo BUY Hitachi Zosen at around yesterday's closing price of 5i.95. The stock has been trading within an upward sloping channel since March on the weekly chart. It is currently near the channel support. Daily RSI has just turned up from deeply oversold regions, indicating that aSOURCE: BRIDGE INFO - 72 words
-
-
SPORTS
-
Article, Illustration409 1993-11-06 13 Putra Cup Golf HONGKONG Singapore yesterday extended its lead in the penultimate round of the rain-shortened 1993 South-east Asian men's amateur team championship for the Abdul Rahman Putra Cup here. The Singaporean quartet of Mardan Mamat, Kwek Beng Kwee. Lam Chih Bing and Mohammed409 words
-
SPORT SHORTS
-
Article, Illustration267 1993-11-06 13 AP AFP NEW YORK Michael Jordan's retirement is official. One month after announcing he was leaving pro basketball, Jordan sent a letter to the NBA confirming his departure. The league received a similar letter from Jeny Krause, general manager of the Chicago Bulls. The letters mean that if JordanAP; AFP - 267 words
-
Article, Illustration150 1993-11-06 13 AP SHARJAH, United Arab Emirates Basit Ali pulled injuries-laden Pakistan out of trouble and into a solid position as the team closed its innings with 284 for 4 against the West Indies in the final of the three-nation Pepsi Champions Trophy cricket tournament vesterday. Coming at the fall oiAP - 150 words
-
Article, Illustration342 1993-11-06 13 AFP Reuter Reuter SOTOGRANDE, Spain David Gilford of England made three birdies on the back nine to shoot a three-under par 68 on Thursday and take a one-shot lead after the first round of the rich Volvo Masters. Colin Montgomerie, who lost a playoff here last year to fellowAFP; Reuter - 342 words
-
Article, Illustration25 1993-11-06 13 Reuter NEW YORK NHL Thursday: Boston 6 Calgary 3; Detroit 3 Toronto 3 (OT); Philadelphia 4 Quebec 1; Chicago 4 NY Islanders 2.Reuter - 25 words
-
Article, Illustration195 1993-11-06 13 AFP PARIS French coach Pierre Berbizier gave the Wallabies the perfect pre-Test boost here yesterday by admitting Tim Horan's crucial try in the first international should have been given. New Zealand referee David Bishop disallowed the first-half effort in Bordeaux, a decision which stunned the tourists as they crashedAFP - 195 words
-
Article, Illustration36 1993-11-06 13 AFP PARIS UEFA Cup second round, second leg Thursday: Boavista (Por) 2 Lazio (Ita) 0 (Boavista win 2-1 on aggregate); Olympiakos (Gre) 4 Tenerife (Spn) 3 (5-5 on aggregate, Tenerife win on away goals). AFPAFP - 36 words
-
Article, Illustration127 1993-11-06 13 AFP AFP PARIS US$2.l5 million Paris Open 3rd rd Thursday (x-denotes seeded player): Michael Stich (Ger x 4) b Todd Martin (US xl 3) 7-6 (7/3) 6-1; Boris Becker (Ger x 3) b Karel Novacek (Cze xl 4) 7-6 (11/9) 6-2; Mark Woodforde (Aust) b Magnus Gustafsson (Swe) 6-3AFP - 127 words
-
-
Article, Illustration49 1993-11-06 13 Reuter LLORET DE MAR, Spain Finland's rally driver Juha Kankkunen (right) celebrating on the podium on Thursday with his co-pilot Nicky Grist from Britain, who sprayed champagne at a hostess. The two became the new world champion on coming third in the Rally of Catalunya race. ReuterReuter - 49 words
-
562 1993-11-06 13 NBA season opens NYT BOSTON A life-sized poster of Reggie Lewis greeted a visitor to Jack Grinold's office on the campus of Northeastern University on Thursday, but Grinold said it was one of those days when the realisation that Lewis isNYT - 562 words
-
328 1993-11-06 13 Chicago Bulls take on Hornets and the odds AP CHICAGO The Chicago Bulls apparently on the way down were to meet the Charlotte Hornets a team on the way up in the most significant game among 13 National Basketball Association openers last night. Even coach Phil Jackson calls the BullsAP - 328 words
-
379 1993-11-06 13 Reuter ADELAIDE As Formula One world champion Alain Prost wraps up his 13-year career in Adelaide tomorrow, a new breed of speedy young drivers is set to bolt out from under the 37-year-old Frenchman's shadow. Prost, who clinched his fourth FormulaReuter - 379 words
-
Article1409 1993-11-06 13 aig rat eta n** no PtaM GA860 2000 A*starda« KL837 1540 KL844 0535 KL838 2335 SQ324 2345 Mfcms SQ347 1730 SQ347 1735 HmeUmi NZ21 1710 NZ36 0055 BAH 1335 SQ286 2035 NZ22 1825 Sari Iceman BI421 1105 SQ182 0915 SQ181 1410 BI422 1205 BI429 2030 BI4301,409 words
-
Article, Illustration869 1993-11-06 14 World heavyweight title tight NYT LAS VEGAS Riddick Bowe warmed to his subject himself while speaking two days before today's fight in which he will defend his heavyweight crown against Evandcr Holyfield, the fighter he needs to beat convincingly to give him. and others, further perspectiveNYT; Reuter - 869 words
-
-
SHIPS IN PORT
-
Article468 1993-11-06 14 Vessel <oy No Berth Anwat Departure Vessel Voy Ho Berth km* Departure Jurong Port Bonast* ***** pm 0611/1930 07 n/isao Batam InSati N79 12 *>ngside 0611/2000 Dongnamapolia 302N P01 0511/1500 0611/1500 Batam Maw 11/02/93 J12 along** 06.11/2300 Fiona SC264C 06/11* P01A 0611/0800 0611/1100 Bksstii Reeter 13 alongside468 words
-
Article1970 1993-11-06 14 DELIVERY OF FCL IMPORT CONTAINERS IN PROGRESS Ship Voy No Container? avaiable Ship Voy No Containers avaiable Mekhanik Bar 29CE93 *****3 0805 Anro Temasek 59S COO(EST) OS 1193 1500 Laura Ms 9314 *****3 0835 Seraya laya 108SS COO(tST) *****3 2000 Sea Glory SGY35S 04.1193 0935 Zim Venena 108W1,970 words
-
-
REGIONAL FOCUS
-
514 1993-11-06 15 AFP WELLINGTON New Zealand's 2.3 million voters head to the polls today in an election pundits believe will see the return of Prime Minister Jim Bolger's government with a narrow majority. The National Party's campaign has been structured towards winning at leastAFP - 514 words
-
Article, Illustration533 1993-11-06 15 Reuter WELLINGTON Think of any statistic and New Zealand's indigenous Maoris come off worst. Whether it is mortality rates, unemployment, education or health, the brownskinned Maoris are the most disadvantaged, even though they make up about 13 per cent of New Zealand's 3.5 millionReuter - 533 words
-
-
438 1993-11-06 16 Reuter, Bloomberg Business News WASHINGTON A steadily expanding economy added 177,000 jobs in October but the growth was not strong enough to pull down the unemployment rate, the Labour Department said yesterday. A surge in the number of people searching forReuter,; Bloomberg Business News - 438 words
-
Article, Illustration64 1993-11-06 16 Reuter LONDON Visitors to Tate Gallery contemplate the controversial work of art by Vong Phaophanit called 'Neon Rice Field' which went on display on Wednesday. The artwork is made from seven tons of rice, enough to feed 600 people for a month in southern Sudan. Phaophanit isReuter - 64 words
-
258 1993-11-06 16 Reuter GREVENBROICH, Germany German Post and Telecommunications Minister Wolfgang Boetsch yesterday announced the all-clear for one of the world's biggest privatisations Deutsche Bundespost Telekom after years of gruelling negotiations. "With this agreement, the way has been cleared to turn all of the postalReuter - 258 words
-
335 1993-11-06 16 Bloomberg Business News Reuter. AFP, TOKYO Japan's contentious current account surplus rose in September to a record U5563.71 billion (SSIO2 billion) for the six months to September. but economists and officials are convinced the tide will turn soon. "There might haveBloomberg Business News; Reuter.; AFP, - 335 words
-
368 1993-11-06 16 Reuter, AFP. AP LONDON An agreement to open up more than US$l.4 trillion (552.2 trillion) worth of government procurement contracts to international competition is nearly complete, the Gatt world trade body said yesterday. Twenty-four countries have been negotiating the new code,Reuter,; AFP.; AP - 368 words
-
352 1993-11-06 16 AP. Reuter ELMENDORF AIR FORCE BASE, Alaska North Korea has massed 70 per cent of its military force near South Korea and might launch a desperate conventional attack sparked by hunger and economic frustration in Pyongyang, a senior US defence official said yesterday.AP.; Reuter - 352 words
-
Article, Illustration410 1993-11-06 16 Reuter BEIJING The state-owned sector will remain the "mighty pillar" of China's economy despite its high inefficiency and moves towards a market system, Vice-President Rong Yiren was quoted yesterday as saying. "Now we're trying to create a socialist market economy," Mr RongReuter - 410 words
-
383 1993-11-06 16 Reuter KUALA LUMPUR Delegates at the triennial convention of Malaysia's ruling party yesterday lambasted candidates who showered members with money and gifts to win votes in party polls which ended this week. Prime Minister Mohamad Mahathir and the anti-corrup-tion agencyReuter - 383 words
-
-
Page 5 Advertisements
-
Advertisement193 1993-11-06 5 BUSI NESS TIMES TOLL-FREE TEL. No. 1-800-741-1883 I'A X :741-1298 IN THE MATTER OF THE COMPANIES ACT, CAP.SO AND IN THE MATTER OF KESSEN TRADING PTE LTD (In Member*' Voluntary Liquidation) NOTICE OF FINAL MEETING NOTICE IS HEREBYCIVEN pursuant to Section 308 of the Companies Act, Cap. 50, that the193 words
-
Advertisement289 1993-11-06 5 OFFICIAL NOTICE We. Nico Marine Re Ltd, hereby give notice that, we have applied to the Registrar of Singapore Ship's, under Section 386 of the Merchant Shipping Act (Chapter 179), in respect of the tugboat "Profit Marine 2" of Singapore Official Number *****6 of gross tonnage 73 tons, register tonnage289 words
-
Advertisement355 1993-11-06 5 In tt>e Matter of The Companies Act Cap. 50 and In the Matter of SIN HUP BEE PRIVATE LOTTED (In Members' Voluntary LiquKlabon) At an Extraordinary General Meeting of the abovenamed Company duly convened and held at 1 Colombo Court *04-15, Singapore 0617, on Friday, the sth day of November.355 words
-
-
Page 8 Advertisements
-
Advertisement28 1993-11-06 8 Find a new owner for your apartment Make a move to sell your apartment to a variety of home owners quickly with a convenient, fast-acting classified ad. 737-116628 words
-
Advertisement32 1993-11-06 8 As and when the latest London/ Rotterdam prices are not available, the previous trading day's closing figures are carried instead The =«TMrrsn« Iaffomtmbits offers the most current list of Job opportunities available.32 words
-
-
Page 9 Advertisements
-
Advertisement7 1993-11-06 9 REGIONAL ANALYSIS Every Wednesday in Business Times7 words
-
-
Page 10 Advertisements
-
Advertisement28 1993-11-06 10 Established »nc« 1919 ANTIQUE ESTATE S*** £«<<• ShangriLa hotel Su u "^f^ d f mond Tel: 732 5689 Smat and 2 carat A above Manufacturing jewellers since 1919 ROLEX28 words
-
-
Page 11 Advertisements
-
Advertisement8 1993-11-06 11 LL mosi atiraei ive men Lave glasses. llpi8 words
-
-
Page 12 Advertisements
-
Advertisement29 1993-11-06 12 Established smk* 1919 ANTIQUE A ESTATE Shangri-La hotel Stockist ef G.I A. Certified Diamonds Tel: 732 5689 (Laser Numbered) Sm& md 2 carat above Manufacturing jewellers since 1919 ROLEX29 words
-
-
Page 14 Miscellaneous
-
Miscellaneous435 1993-11-06 14 I CRYPTIC CROSSWORD 7 Very green, but a good mix--8 A man on horseback deliv- L_J LbJ LmJ—— ■M"" flfl ered the queen's letters (5) 10 Tied up by the heartless i i and the revolutionary (8) 12 Many sheep overeat (4) thumbs-down (8) Ha 15 4 can be tiresome435 words
-
-
Page 15 Advertisements
-
Advertisement795 1993-11-06 15 announcement DFCIITTC 1 1 1 +or 1 company i +orl\i JLjjJ Ijl lI II Jl\ |1 Results 1993 1992 Change 1993 1992 Change L Ss'ooo Ss'ooo Ss'ooo Ss'ooo THE YEAR Turnover 660,975 607,422 8.8 434,626 417,686 4.1 I Trading profit 270,066 243,057 11.1 64,836 63 077 +28 ENDED AUJ. li/Ul/795 words
-
-
Page 16 Advertisements
-
Advertisement48 1993-11-06 16 MANAGEMENT I Monday in Business Times flsiamoney j ASIA'S BEST STOCKBROKERS October issue THE BROKERS BITE BACK QUEK LENG CHAN'S BRAVE NEW WORLD November issue FAX Oft POST YOUR ORDER TO PHIL4F MYERS, ASIAMONEY 20th FLOOR TRUST TOWER, 68 JOHNSTON ROAD. WANCHAI, HONG KONG TEL: (852)529.5009 FAX: (852)866.904648 words
-
Advertisement10 1993-11-06 16 Delors plans to create 20m EC jobs by year 200010 words
-
Advertisement77 1993-11-06 16 J I fl I Monday in Business Times SINGAPORE TELECOM GROUP B'&'C' SHARE RESULTS Call the above hotline to confirm your allotment of Singapore Telecom Group 'B' 8? 'C' shares. For 'B' shares: key In your NRIC number. For *C shares: key in either, a. CDP account number (if purchased77 words
-
-
Executive Lifestyle
-
Article, Illustration1712 1993-11-06 17 Harish Mehta - A new multilingual daily hit the streets of Phnom Penh recently, joining two weeklies, a fortnightly and a couple of monthlies. Harish Mehta finds small entrepreneurs making money in a growing market Harish Mehta WHEN ex-Newsneek correspondent Bernard Krisher launched a multilingual daily newspaper on a shoestring1,712 words
-
STRAWS N THE WIND
-
Article40 1993-11-06 17 A RECENT TV travel programme featuring Singapore took viewers to a wet market, at which point the host of the show said solemnly: "Most Singaporeans do not own a fridge so they have to do their marketing daily."40 words
-
Article81 1993-11-06 17 ARE YOU one of those travellers who amass souvenir shampoos from hotels? US advertising executive Jerry Delia Femina thinks there's "something sick" about it. "I personally have in my possession thousands of little shampoos from the thousands of hotels I've been to. And I don't even have hair."81 words
-
Article41 1993-11-06 17 HERE'S a message for Salman Rushdie from Moroccan composer Ahmed Essyad who dedicates a piece of music to the author of The Satanic Verses: "To Salman Rushdie, so that as an artist, he can write what I disagree with."41 words
-
Article25 1993-11-06 17 A LESSON in geopolitics? When a supermarket salesgirl keyed in the code for a packet of "River Jordan" dates, the readout said "Israel".25 words
-
-
OPINIONS
-
Article, Illustration788 1993-11-06 18 Said Abdullah - Western society has to be reminded of its core values from time to time, writes Said Abdullah Said Abdullah The writer is a BT journalist IT HAS been argued that mature Western society needs no anchor or core values. The rationale is that since their788 words
-
Article, Illustration720 1993-11-06 18 Tye Kim Khiat - Tye Kim Khiat on the Australian prime minister's visit to Jakarta last week Tye Kim Khiat The writer is a Melbourne-based journalist who contributes to BT LAST WEEK'S trip to Indonesia by Australian Prime Minister Paul Keating was a regional political milestone within and without Australia.720 words
-
380 1993-11-06 18 S R Nathan - LETTERS TO THE EDITOR S R Nathan Singapore Ambassador Washington DR NEIL MARTIN (BT, Oct 30/31) demands "fair" treatment for foreign investors, and asks why local investors should get preferential treatment in the Singapore Telecom's Initial Public Offering (IPO). Foreign investors did receive fair380 words
-
Article224 1993-11-06 18 Manmohan Singh - Manmohan Singh Singapore 1335 COULD the relevant authorities please clarify the following anomaly. I applied for 600 Singapore Telecom Group A shares but was allotted only 200. The reason insufficient funds in my ordinary' account. I had sold some shares from my CPF Investment Account224 words
-
-
PROFILE
-
Article, Illustration1906 1993-11-06 19 Nirmal Ghosh - Arthur C Clarke, at 75, is an irrepressible bundle of energy with more than a dozen projects in the pipeline. Nirmal Ghosh visits the distinguished science writer in his Colombo home, and is soon caught up in a brave new world of infinite possibilities Nirmal GhoshPhoto by Nirmal Ghosh - 1,906 words
-
-
PERSONAL FINANCE & INVESTMENT
-
BULLS EYE
-
Article, Illustration54 1993-11-06 20 Those polled on their views of the Singapore stock market for the week ahead: Alliance Securities, Baring Securities, Crosby Securities, Daiwa Securities, DBS Asset Management. Kay Hian James Capel. OCBC Securities, Ong Company. Peregrine Securities, Phillip Securities. Smith New Court. Tat Lee Securities, and WI54 words
-
Article249 1993-11-06 20 Ong Company (Nov 5) OUB Foreign. Currently looks good on valuation. Neglected among the bank stocks. Sector remains strong. Kim Eng Securities (Nov 1) Aokam Perdana. Emerging China timber play. Plans to set up timber manufacturing operations in China will provide the excitement in the long run. New plywood/veneer249 words
-
Article, Illustration171 1993-11-06 20 PT Peregrine Sewu Securities Index-watching per se is a misleading exercise in Indonesia. For one, the JKSE is based on local prices, thereby excluding widening premiums on such large-cap counters as Astra International, Gudang Garam, Indocement, and Semen Cibinong. Secondly, new issues are weighted atSource: Bridge Info - 171 words
-
Article, Illustration258 1993-11-06 20 Juerg Kiener - Juerg Kiener Head of portfolio management Credit Suisse HE economic outI look for the develX oping countries seems brighter than ever. After the battering in the 80s most countries have started to reform their economies. The gradual repayment of the debts accumulated in the oil boom of258 words
-
-
Article, Illustration1118 1993-11-06 20 S N Vasuki - S N Vasuki on Morgan Grenfell Investment Management's strategies for its new unit trust S N Vasuki MADELIENE Lee believes that there is upside potential in the Singapore stock market. "We are not at the tail-end of the bullSource: Morgan Grenfell - 1,118 words
-
767 1993-11-06 20 Joyce Quek - Why S'pore stocks may not be overvalued. Joyce Quek reports Joyce Quek FIRST, the good news: the prospect of a multiyear bull run is not over yet. Now the warning: a Singapore stock market correction is imminent in the wake767 words
-
463 1993-11-06 20 Agnes Chen - Agnes Chen looks at their favourite Singapore counters Agnes Chen WITH the half-time corporate reporting season behind them, stock analysts continued to be bullish on the earnings prospects of Singapore companies, according to the November edition of The Estimate Directory. It showed that in October,463 words
-
Article, Illustration1052 1993-11-06 21 Agnes Chen - Agnes Chen on why Smith New Court is rerating the stock upwards Agnes Chen INTERNATIONAL Member broking firm Smith New Court has revised its earnings forecasts for computer company IPC Corporation substantially upwards. Compared with an earlier SNC forecast of an earnings per shareSource: Bridge Info - 1,052 words
-
890 1993-11-06 21 Philip Coggan - Philip Coggan debunks the myths'about penny stocks Philip Coggan FT WHEN investors start to get interested in penny shares, that is often the sign of a flourishing bull market. If prices of blue-chip shares start to run out of steam, the spotlightFT - 890 words
-
581 1993-11-06 21 Causeway Investment Lossmaking industrial equipment supplier which appeals to white knights because of low takeover costs. Popiah king Sam Goi, who promised to take it places, namely China, turned up as one last month. This should help as firm netted losses of $3581 words
-
Article, Illustration437 1993-11-06 21 Shahiron Sahari - BT Golf Index By Shahiron Sahari After the 0.13 of a point drop in September, the BT Golf Index fell more substantially in October by 5.3 points, or 2 per cent, from September's 256.06. This is the lowest level the index has437 words
-
-
Article, Illustration811 1993-11-06 22 Goh Beng - Luo Zhongli's searching portrayals of rural characters have made him a household name in China, reports Goh Beng Choo Goh Beng The writer is a freelance journalist who contributed this article to Executive Lifestyle IN THE SPRING of 1980, a large oil painting of a farmer displayed in811 words
-
Article, Illustration691 1993-11-06 22 R SIVANITHY - CD Review By R SIVANITHY PEARL JAM: Pearl Jam "There should be no messiahs in music. I worship the music itself." Eddie Vedder, Pearl Jain's lead singer AVOIDING over-commercialisation of their music, the corporate trivialisation of their efTorts and shunning the ugly mon-ey-grubbing side of the industry has691 words
-
Article, Illustration911 1993-11-06 22 Neville Stack - Neville Stack views a monumental exhibition of 20th century American art in London Neville Stack The writer is a freelance journalist who contributed this article to Executive Lifestyle WHEN Norman Rosenthal of London's Royal Academy was assigned to be co-selector of the landmark exhibition American911 words
-
Article, Illustration575 1993-11-06 23 SHAHIRON SAHARI - Cinema Review By SHAHIRON SAHARI AFTER the exciting, gripping opening scenes of a fear-stricken man running desperately for his life. Hard Target moves from predictability to just plain nonsense. For all the hype about the superblychoreographed fight sequences, violent action and the direction of acclaimed Hongkong director John575 words
-
HEALTH & FITNESS
-
HEALTH Notes
-
108 1993-11-06 24 Vogue ROUTINE use of ante-natal ultrasound could lead to left-handed-ness, says a team of scientists from Trondheim, Norway, after conducting a survey in which an unexpectedly high number of eight and nine-year-olds who had been routinely screened as babies turned out to be left-handed. SinceVogue - 108 words
-
Article48 1993-11-06 24 Physician's Weekly ALTHOUGH breast tumours are equally likely to occur on either side of the body, left-breast tumours are detected earlier, according to Minneapolis surgeon Leonard Schultz. That's because the tumours are picked up by women's husbands, "and most men are right-handed". Physician's WeeklyPhysician's Weekly - 48 words
-
Article153 1993-11-06 24 Vogue FOR AN extra burst of energy during a workout, try a cup of coffee first, suggests new research. A small Canadian study found that as little as 1.5 mg of caffeine per pound of body weight increases endurance in recreational runners. (One cup ofVogue - 153 words
-
133 1993-11-06 24 Shape DONT just eat your spinach learn to love it. Enjoying, and even recognising your food may actually help you glean more nutrients from it, according to Swedish studies by researcher Leif Hallberg. A group of subjects absorbed 70 per cent moreShape - 133 words
-
Article84 1993-11-06 24 Shape PREGNANT women who exercise moderately deliver bigger babies, according to a Columbia University study. Babies born to mothers who burned 1,000 calories a week through exercise weighed 5 per cent more than babies born to inactive women. Women who bumed 2,000 calories a weekShape - 84 words
-
-
Article, Illustration479 1993-11-06 24 Roger Johnson - Roger Johnson reports on a study on the occupational hazards of nursing Roger Johnson NYT FEMALE nurses are nine times more likely to develop leukaemia than arc female school teachers, according to researchers at the first conference organised to assess women'sNYT - 479 words
-
-
PEOPLE
-
Article, Illustration246 1993-11-06 24 MORE than 200 guests from Singapore and Australia attended a cocktail party recently to mark the appointment of In-tra-Motors as the dealer of Holden cars. At the reception, hosted by General Motors Overseas Distribution Corporation Singapore and Intra-Motors Singapore, the new Holden Calais 2.61 was also unveiled.246 words
-
-
TIME OFF
-
Article, Illustration891 1993-11-06 25 Shahiron Sahari - Tony Bennett is not just a good singer; he's equally adept with a paint brush, according to Shahiron Sahari Shahiron Sahari ANTHONY Benedetto, painter of nature, goes by another, more familiar, name when he sings Tony Bennett. Bennett. Frank Sinatra's favourite singer "and his best friend", is891 words
-
Article, Illustration604 1993-11-06 25 Shahiron Sahari - Shahiron Sahari charts the popularity of Sergio Mendes, known for his so-called World Music Shahiron Sahari LONG before it was fashionable, especially in the West, to categorise any music that had ethnic rhythms or instrumentation as World Music, there was Sergio Mendes. Mendes, the604 words
-
Article, Illustration471 1993-11-06 25 Watching the Clouds Go By Theatre Works presents this play about convictions, beliefs and how our ideals can sometimes dull our senses. Till tomorrow; and 11-14; Bpm at the Black Box. Fort Canning Centre. Tickets at $8 available from Tangs. Centrepoint, Liang Court and the Black Box. Festival off471 words
-
Article445 1993-11-06 25 Jesus Medina conducts The SSO, that is. This concert also features the talents of pianist Xu Zhong on Rachmaninoff s Piano Concerto No 2, Op 18 in C Minor. Today, 8.15pm at the Victoria Concert Hall. Tickets at $4. 57, $10. $15 and $25 from all Sistic outlets. Superband445 words
-
Article194 1993-11-06 25 Silent Movies off the Twenties Two German movies from director F W Murnau The Last Laugh and Tartuffe will be screened here with a band providing the score just like it was in the Twenties. Nov 10 at the Jubilee Hall. The Last Laugh is at 6.45pm; Tartuffe is194 words
-
Article657 1993-11-06 25 A. —I. bwatcn The first ever non-plastic watch by Swatch has been launched. Tresor Magique or Swatch Platinum Case, made of solid 950 platinum, will be retailed at $2,600. Only 100 pieces of Tresor Magique are available in Singapore. Balloting of the pieces will continue till Nov657 words
-
Article174 1993-11-06 25 Forum for the Arts Julian Thompson, an expert on Chinese Ceramics; and Kenson Kwok. senior curator at the National Museum; will share tips on Chinese ceramics. Today. 2.30pm at the Guinness Theatre. Tickets are sold out. Graphic Design Johnny Lowis will conduct a five-ses-sion course on the174 words
-
Article167 1993-11-06 25 Christopher Toh - Compiled by Christopher Toh Simon and GarfunkH in Conccrt They began their career as "Tom and Jerry" but then went on to become the most popular folk duo in history. They come together for this reunion gig on Dec 5 at the Singapore Indoor Stadium. Ticket sales start today167 words
-
-
EPICURE
-
Article, Illustration700 1993-11-06 26 SUSAN TSANG - Bon Appetit By SUSAN TSANG MIN JIANG Sichuan Restaurant in; Goodwood Park Hotel is offering a selection of 20 dishes at $8.80 each. These will be available fofr lunch only, until the end of ndxt January. This is because the restaurant has just won the700 words
-
Article, Illustration698 1993-11-06 26 SHAHIRON SAHARI - By SHAHIRON SAHARI AS ITS name implies. The Royal Bsigal at Boat Quay markets itself asi a restaurant with all the trappings of majesty associated with an InfJia of old. sCalling itself a "House of Fine Dining", the Royal Bengal is a brjght and breezy,698 words
-
Article, Illustration749 1993-11-06 26 N K YONG - Wine By N K YONG IT WAS another of those "make me an offer I can't refuse" invitations this time from Remi Krug and his daughter Caroline, and from Dieter Kaufmann (one of Germany's most famous chefs: two-Michelin stars, 19.5 out of 20 in the Gault749 words
-
-
Article, Illustration1070 1993-11-06 28 Body Snatchers. Remake of the original about aliens whose idea of reincarnation is to suck the life out of human beings and take over their bodies. Yishun 10: 11.10; 3.20; 7.30. Dave. Kevin Kline stars in this feel-good comedy about an average Joe who impersonates the President of the1,070 words
-
-
Page 17 Advertisements
-
Advertisement243 1993-11-06 17 24-hour "Loan Information Service Approval" 1800 334 3588 For once, moving in the right circles means setting a trend not following it. The new Audi 100 needs no s and even extends to COE. Youd nscoa tbi ou*mo iw umcut reassuring badge. Just four "Tl say the same for our243 words
-
-
Page 18 Advertisements
-
Advertisement129 1993-11-06 18 im Classic Quantum' POSITIONS OPEN AT SAMSONITE. You've commuted with your old briefcase long enough. Samsonite's latest Smart Attache Series* features Milano Quantum' an exclusive gravity-activated "smart hinge"" that will revolutionise the way we work. This innovative "smart hinge" allows your briefcase to open like a standard briefcase when laid129 words
-
Advertisement25 1993-11-06 18 BT welcomes letters from \o«t. Please address (hem to: The Editor. Business Times. 390 kirn Seng Rd, Spore 0923. Letters should include your contact numbers.25 words
-
-
Page 18 Miscellaneous
-
Miscellaneous86 1993-11-06 18 1 cp&Pex v<xjy SUDDGNLV N\y tvus »3 twcure.... HeMM m>/..-rvie. r^&cxcfcex 1 floor is UJNCV-* «NJ ivc. ROOF o'tf? MV LEAKING..... He*D e amociatcd mcwvatcks ltd. ***** DOONESBURY GARRY TRUDEAU i I SID* IJUSTF/N- I CREATIVE Pwrtß **&> THE SCRIPT W m CREATIVE BtXfXXTT BUT THERE- &JTTHZY FOR"THE HOWARD DO86 words
-
-
Page 19 Advertisements
-
Advertisement15 1993-11-06 19 fnpt PORT SHOTS The latest in sea, air and tend transportation. T\WUAIW« r 1 BusmessTimes15 words
-
-
Page 20 Advertisements
-
Advertisement6 1993-11-06 20 We Design, Develop Produce... CORPORATE BROCHURES6 words
-
-
Page 21 Advertisements
-
Advertisement107 1993-11-06 21 ar- Bp-* fl HL 1m It's called the Regional Currency Unit. And basically, it's a deposit that branches out into three Asian currencies. So if one currency doesn't grow as rapidly as you like, the other two will buffer your investments whileyou watch yourmoney grow through higher interest rates and107 words
-
-
Page 23 Advertisements
-
Advertisement150 1993-11-06 23 H ij" I fli |BT f i I Mfc i r f /if ffl'! 1 ■if J Uflfl ■II H' m: f| ASk II /«I J. HI H "pip |RKRIW J* E9BE BiKW P ~1/ I I B* mm hnhhi KB RPnP \jttfcMM —Ml PWP——-.. ■riaan*!^7T- "jXi^^ii^^i^S- jdßEflft' *T »Jl150 words
-
-
Page 24 Advertisements
-
Advertisement47 1993-11-06 24 i El Primero automatic chronograph movement Ik 4 Abov* Beyond PV Ud 1 Manhme Squjr* M 2-101 Expo Gateway TeI:272WM2t«tuu Wjldi Centre Pit Ltd #01-36 Raffle City Shopping Tel JJ991»5 Model No. 53.0363.400 Model No. 53.0375.400 sou acwuti orviTAt time p) rr» lto tei 747 8888 147 words
-
-
Page 26 Advertisements
-
Advertisement16 1993-11-06 26 j ji gmng mmmm you the BSMHWBi WINNING MtRS^H edge BHB 4 WmEmm NOVEMBER 1993 116 words
-
Advertisement36 1993-11-06 26 laaii— with a cosy pub and 2 of the best bands awaiting you for your entertainment! RESERVATION HOTUNE 225 6636 10am 6pm (Mon Fn) EUROPA CHANGI VILLAGE b& v Road «oi 2001 Tct 342 %i 736 words
-
Advertisement66 1993-11-06 26 WW a WSWRAN'T SUSHI TEPPANYAKI fIHvHB BUFFET ONLY M THE GINGA Feast on exotic Sushi |m and Maki creations IKS while our chefs whip FVW up a sizzling teppanyaki treat of Scallops, I I Prawns, Chicken, Beef sjJ and Mushrooms. Inclusive of fresh Salad Greens. Miso Soup and Desserts Available66 words
-
Advertisement54 1993-11-06 26 Rasters Okie English Eating House 277 Orchwd Rd #02r38 SpocUOsts Centre 5<0923) Specialized In steaks, farmhouse fare, devonshlre cream tea. (Good restaurant glide award winner) DEVONSHIRE CREAM TEA (Served from 3pm 6pm) Oven hot scones with butter, sandwiches, cake and pastry with a pot of tea or coffee J/ -jiffP54 words
-
-
Page 27 Advertisements
-
Advertisement874 1993-11-06 27 where to wine, dine and entertain OF rv yVJ Wii </»k Have a Roaring Good Time at Connections' KTV rooms. A wide selection of songs to suit everyone's taste from English, tEjPjV Mandarin, Hokkien, --v Cantonese to v even Japanese! V 12pm to 5 pm. 0 $80 $120+ 5pm to874 words
-
Advertisement330 1993-11-06 27 i bountiful d&urqimdii I /Every month. Top j ol the M's French tulinary adventure presents jpj|j .*1 yoy with the richest I I spread of French fare. travel to Burgundy. It is I an extravagant affair -\'^L J 3k^~ w which does justice to the HVrn &mpf*e bounty of Burgundy.330 words
-
-
Page 28 Miscellaneous
-
Miscellaneous2568 1993-11-06 28 TODAY'S TV Singapore v Sarawak. —*!"1—3.10 Gema Warisan iM) 11 imHil*] lH Who's Oari Seberang < V 1). MmbUIMMh best? The Umno Tutur Tinular 11, 3.30pm, SBC 5 Dinosaurs, 12.30pm, SBC 5 ■■^■r semi-final mateh (L). 600 News(M). kamandanu returns home with When Charlene challenges the 1Q qq Cjne Magic2,568 words
-