The Business Times, 30 January 1988
1988-01-30
1
18
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The Business Times
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Title Section12 1988-01-30 1 BUSINESS TIMES MCI (P) 95/12/87 Weekend Edition, January 30-31, 1988 75 CENTS12 words
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Article267 1988-01-30 1 Reuter Dow Jones higher WALL STREET followed the trend of the past two days and moved higher at yesterday's opening on a rally in the bond market. Investors were hoping that reduced interest rates would soothe the sting of slower economic growth expected for this quarter, tradersReuter - 267 words
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167 1988-01-30 1 THE US dollar yesterday finished higher against the key currencies in the Singapore foreign exchange market but closed barely changed against these currencies in Tokyo and Hongkong. In Tokyo, the dollar ended at 127.18 yen and 1.6670 West German marks against New York's167 words
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401 1988-01-30 1 Bernama ES Reuter MALAYSIAN crude palm oil prices may have to fall by more than Msloo to at least M 51.050 per tonne to entice India to return to the crude palm oil futures market, according to dealers. Expressing "shock"Bernama ES; Reuter - 401 words
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Article, Illustration164 1988-01-30 1 MAJOR ASIAN markets, except Hongkong, finished higher yesterday following a rebound on Wall Street overnight. In Singapore, overseas investors continued to unload their DBS Land shares but the counter closed unchanged at 94.5 cents on a trading volume of 4.13 million shares. Elsewhere, trading was164 words
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379 1988-01-30 1 LOH HUI YIN - By LOH HUI YIN PRESIDENT Ronald Reagan is almost certain to axe Singapore. Hongkong, Taiwan and South Korea from the US Generalised System of Preferences (GSP) scheme when he decides on the matter today. Singapore's lobbyist in Washington, Mr Thomas St-Maxens, expects379 words
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532 1988-01-30 1 LISA LEE - Orchard Square developers in talks with Japanese investor By LISA LEE THE DEVELOPERS of Orchard Square are said to be seriously considering building a touristclass hotel in addition to offices and shops. Sources say the developers, Ngee Ann Kongsi and the Metro group, have held532 words
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189 1988-01-30 1 AFP AP SINGAPORE'S Prime Minister Lee Kuan Yew arrived in Taipei yesterday to attend the state funeral of President Chiang Ching-kuo. "I have come to pay my personal respects to the late president who was a very good friend of mine." MrAFP; AP - 189 words
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Article116 1988-01-30 1 Reuter MALAYSIA and Indonesia have rebuffed US proposals to abolish all agricultural subsidies, adding to criticism already voiced by the European Community. Malaysia's Primary Industries Minister Lim Keng Yaik accused the US of dumping large quantities of subsidised vegetable oils in key markets inReuter - 116 words
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Page 1 Advertisements
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Advertisement235 1988-01-30 1 Nikon Tko MtoM's Hml PHatographkl Systum Full report, Pag* 14 Regional markets, Page 16 World markets, Page 17 SEVERAL PETROL companies are buying up advertising space to push their products amidst reports that Shell's pump sales this week have dipped. HOME NEWS, Page 2 US TREASURY bond market analysts do235 words
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Advertisement207 1988-01-30 1 Tho Wort*'• Fintl Photograph* System 'A n Si u v The Dragon Year la starting sooner than you think. Find out when Page 7 Perietal Trtvta Love in the fast lane Page 7 Read before you swallow Page 9 Much to be desired, many to be served TV programmes for207 words
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HOME NEWS
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371 1988-01-30 2 TONG SUIT CHEE - By TONG SUIT CHEE THREE weeks after cutting the retail prices for sugar, NTUC Fair Price announced yesterday that it would raise them from Monday. The cooperative said prices of coarse and refined sugar at its supermarkets and franchised shops would be raised because371 words
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Article, Illustration446 1988-01-30 2 WILLIAM CHIA - By WILLIAM CHIA TWO PETROL companies are buying up advertising space to push their products amid reports that Shell's sales have dipped following reports that its Formula Shell petrol could cause engine problems. Shell yesterday estimated that its market share had slipped446 words
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Article299 1988-01-30 2 FOREIGN investors do not necessarily push out local investors. In fact, they offer business opportunities to local industries, said Mr Tan Chin Nam, general manager of the Economic Development Board, yesterday. Mr Tan, who was speaking at the opening of a workshop on export-oriented Joint299 words
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Article109 1988-01-30 2 THE OPTION to manufacture aircraft products, missiles or electronics systems will be examined following an agreement signed earlier this week between British Aerospace (BAe) and the Sheng-Li group, said a BAe official. Any prospect of marketing or manufacturing BAe products in. Singapore will be109 words
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143 1988-01-30 2 THE Asia-Pacific Petroleum Conference (Appec) will be held from Sep 19 to 21 at the Raffles City Convention Centre. Five oil ministers, three of whom are from the Middle East, have been invited to speak at the conference. Some 42 booths featuring oil-related143 words
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Article78 1988-01-30 2 A TEAM of nine Canadian fish inspectors will be in Singapore next week to conduct a seminar on Canadian health and sanitary regulations governing seafoods. About 70 local seafood processors and exporters are expected to attend the seminar. The seminar, which is organised by the Canadian High78 words
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Article32 1988-01-30 2 TELECOMS will introduce the international direct dialling service to Congo from Monday (Feb 1), and not to China as reported in Thursday's paper. We are sorry for the error.32 words
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Article, Illustration333 1988-01-30 2 HARISH MEHTA - ASIAN k AER#SPACE'BB The Fourth Asian Aerospace Exhibition and Conference By HARISH MEHTA DASSAULT-BREGUET has offered Singapore the Mirage 2000 and Atlantique maritime surveillance aircraft and has made a presentation to the Republic of Singapore Air Force. Mr Serge Dassault, Das-sault-Breguet's chairman, told BT that333 words
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Article137 1988-01-30 2 AS ASIAN Aerospace '88 winds up on its fifth and last day tomorrow, another airshow is preparing for a take-off next year with Singapore Airlines a possible participant. Airshow Canada will be a biennial event with the first show taking place next year, according to its137 words
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Article, Illustration135 1988-01-30 2 PRIME MINISTER Lee Kuan Yew and (our cabinet ministers had a glimpse of some of the most sophisticated aircraft during a tour of the Asian Aerospace exhibition yesterday. The Prime Minister, accompanied by Mrs Lee. spent about 30 minutes visiting various booths.135 words
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414 1988-01-30 2 THE STATUES at the Haw Par Villa will b« documented so that they can be properly conserved while the popular tourist attraction is being redeveloped into a theme park. The Singapore Tourist Promotion Board is inviting architects, conservation experts, surveyors and historians to414 words
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181 1988-01-30 2 THE IMPORTANCE of training and consultancy in the upgrading of small and medium enterprises (SMEs) will be elaborated at a workshop next Wednesday. To be held at the NPB Building, the half-day "meet-the-client" session will look at how SMEs can benefit from181 words
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Article1091 1988-01-30 2 AT CONVENTIONAL WHARVES Budi Utomo Cohoyo ICewbung J3 11 Vl 300I/C800 3001^900 3001/2300 i, i, i Dwi Doyo a xoi/ano 3101/2300 ▼MM Al VIVW Departure Somudro Joyo N ji 3001 3001/2300 KVKL WHAMVe I Sempumo Abodi a 3001 mo 3101/B00 H K30 oiongwO# 01 02/1300 Tocho Moru1,091 words
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Page 2 Advertisements
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Advertisement114 1988-01-30 2 4 i-1 t*a ~lb Jg ►vx. T Treat your family to a sumptuous Chao Zhou provincial meal at the Chao Zhou Garden Restaurant. Ask for our special set menu ranging from $28+ for 2 persons, 155+ for 4-5 persons or 188+ for 6-8 persons. A detectable choice of Chao Zhou114 words
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OVERSEAS
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314 1988-01-30 3 AFP THE UNITED STATES. Japan and their Western European allies have agreed to tighten up enforcement of curbs on strategic technology exports to Warsaw Pact countries, combined with an sasihg of restrictions for less sensitive goods. European officials said this was the gist ofAFP - 314 words
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184 1988-01-30 3 Reuter US TRADE Representative Clayton Yeutter arrives in Beijing on Monday to sign a landmark textile agreement. The US, the last major Western country to establish diplomatic relations with China in 1979, has since become its third biggest trading partner after Hongkong andReuter - 184 words
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Article958 1988-01-30 3 "ARRIVALS Operator Sorvfc* Local From number Km* OA QA471 0015 ATM SU SQI1 0115 IAX/NRT UA UA805 0120 SFO/HKG MAS MH619 0125 KUL CAL Q333 0405 TPE SU SO 4 0610 MAA MX. jp MK744 0725 MRU MAS Z? MM601 0730 KUL su SQ491 0810 8WN MAS958 words
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229 1988-01-30 3 AFP WEST GERMANY will contribute this year to overcoming world financial imbalances by cutting its trsde surplus, the government's annual economic report said on Thursday. The document was adopted by the Cabinet and presented to the press by Economy Minister MartinAFP - 229 words
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Article279 1988-01-30 3 Reuter THE WORLD'S 10 leading industrial economies are still growing, but the worldwide stock collapse has dampened the outlook, according to The Conference Board, an independent organisation of American businesses. The US and Canada were among those expanding most slowly, while Asian economies had the quickestReuter - 279 words
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169 1988-01-30 3 Reuter JAPAN had its slowest inflation rate for 29 years in 1967 with prices for consumer goods rising only 0.1 per cent, the government said yesterday. Japan also reported its unemployment rate was 2.8 per cent in 1967, unchanged from 1966, but theReuter - 169 words
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485 1988-01-30 3 Reuter US TREASURY bond market analysts do not believe the US economy is about to slip into recession in the light of Thursday's gross national product data. though prospects for an easing in Federal Reserve policy within the current quarter have improved substantially, theyReuter - 485 words
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421 1988-01-30 3 AFP JAPANESE INVESTORS will probably take an active role in next week's auction of US Treasury bonds starting on Tuesday but are still nervous about potential foreign exchange losses, market analysts said in Tokyo. "Japanese institutional investors have no choice,"AFP - 421 words
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241 1988-01-30 3 AP CHINA'S first pawnshop since the communists came to power opened this month in south-west-ern China, the official Xinhua News Agency said on Thursday. The agency quoted Thursday's Financial Times as reporting that the shop in Chengdu, capital of Sichuan province, has been doingAP - 241 words
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Page 3 Advertisements
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Advertisement60 1988-01-30 3 I M I I I The business person's choice, every I I II \I I II II I Tuesday. Thursday. Saturday and Sunday I: 1 WI I E\ II %l Leaving Changi Airport at 22:05 1 -J-L IJL-X V y 1 hours and arriving Heathrow early the following morning Call60 words
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Advertisement164 1988-01-30 3 Wsl L;r t 3 r-V M 30 V 31 "*>. -i :<Wv-: •-•^-:1.. authorised dealers DAIMARU I SET AN ORCHARD ISETAN HAVE LOCK METRO ORAND SCOTTS ROBINSONS SOGO FAR EAST REPTILE HOUSE F J BENJAMIN CHANQI AiRPORT ORAND CLASSIC HALLEYS DEPARTMENT STORE HULK PTE LTD LEATHER LOOGE LEE REPTILE LUCKY164 words
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Page 3 Miscellaneous
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Miscellaneous29 1988-01-30 3 New Mhl Now York Mlrrnln rwcouo Ode Porta Perth Wo 'Janeiro Rom* San Frh'co San Juan Santiago Sao Pawio Seoul Sydney Toipel Ttl Aviv Tokyo Toronto Vancouver Vienna Wanaw29 words
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BANKING AND FINANCE
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Article, Illustration549 1988-01-30 4 Reuter THE PERENNIAL BATTLE between the Finance Ministry and the Bank of Japan for control of economic policy has intensified recently as the two vie for the upper hand in dealing with other nations, according to economists in Tokyo. WithReuter - 549 words
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187 1988-01-30 4 Reuter THE JAPANESE Finance Ministry will allow companies to issue shorter-dated convertible bonds, partly to meet the growing need for local banks to boost their primary capital by promoting early conversion, a ministry official said. The ministry has so far permitted the issuance ofReuter - 187 words
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274 1988-01-30 4 FT ROBIN LEIGH-PEMBERTON was re-appointed on Friday as governor of the Bank of England for a second five-year term. The appointment, starting on July 1, was officially made by the Queen, but it comes on the recommendation of the Prime Minister,FT - 274 words
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517 1988-01-30 4 Reuter THE US Federal Reserve is pursuing its post-stock market crash policy of keeping short-term rates on an even keel, and a second consecutive week of low borrowings does not suggest an easier credit stance, economists said. "(The federal funds rate is) atReuter - 517 words
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179 1988-01-30 4 Reuter THE NATIONAL Australia Bank Ltd may rid itself of outstanding loans to high-risk Third World countries this financial year, managing director Nobby Clark told shareholders. Mr Clark said strong profit growth in the first quarter of the bank's year suggested itReuter - 179 words
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Article90 1988-01-30 4 Reuter TWO BANKS in Texas have failed, bringing to 15 the total number of US banks to fail this year. The Federal Deposit Insurance Corp (FDIC) said Port City -Bank of Houston, with total assets of U5559.7 million, has been .taken over by Channelview Bank, £hannelview,Reuter - 90 words
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COMMODITIES
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Article454 1988-01-30 4 Crude palm oil futures, reacting to India's suspension of its week ly tenders, fell significantly by Ms3o yesterday on the Kuala Lumpur Commodity Exchange. Turnover fell to 854 lots from 1,272 on Thursday while prices were affected by liquidation and profit-taking as the market tone turned easier after454 words
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Article239 1988-01-30 4 Chinese Produce Exchange S#Mto noon doiinQ pf teat on ion 29 (SS/100 kg) Coconut oil kk FOt 120.00 Otd drum FOB 130.00 N*w dram FOt 134.00 Copra Mixed (Ioom) 66 Pepper n. ,1*1 A.|t wTWTW FO» NLW 1185.00 Sarawak wMto FOt foq NLW 1170.00 Sarawak Ipedal Modi FOt239 words
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Article251 1988-01-30 4 RAS prices m s cmmq, fob in m NOON CLOSE Buyers Sellers Buyers Seller* Int 1 RSS Prompt 223.00 224.00N 222.50 223JON Int 1 RSS Feb 88 223.00 223JON 222.00 223.00N Int 1 RSS Mar 88 219.00 219.50 218JO 219.00 Int 2 RSS OP 218.00 220.00 217J0251 words
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Article80 1988-01-30 4 (cann/kg, 1 -tor paHaft) FEBRUARY 88 MARCH 88 (currant month) (forward month) RAS NOON NOON by«n S*Han lvy«n ;,H lrl SS* 20 220.00 222.00N 220.00 222.00N sst so 218.50 220JON 218.50 220.SON MRELB Bvy*n t n«n Ivyo S SMB CV 276.00 278.00N 277.00 279.00N SMB L 276.0080 words
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Article233 1988-01-30 4 Reuter SOYBEAN futures on the Chicago Board of Trade eased on Thursday after trading higher most of the day to close on a technically weak note, down nine to 5% cents per bushel in moderate trade. March settled at U556.05% after posting a 12% cent range. Geldermann and aReuter - 233 words
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Article333 1988-01-30 4 Reuter SINGAPORE THE RUBBER market closed lower yesterday with with February One RSS buyers quoted at 222.00 cents/kilo, down 1.25 cents from Thursday's close, dealers said. After a slightly easier opening, prices fluctuated within a narrow range on light selling in quiet morning trading. Prices drifted further in theReuter - 333 words
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Article239 1988-01-30 4 Reuter WHEAT FUTURES on the Chicago Board of Trade dropped sharply on Thursday in fast trading conditions to close on the lows, down 5% to 2% cents per bushel. March settled at U553.23 V 4 after posting an eight cent range on the day. March declined on late sellingReuter - 239 words
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Article49 1988-01-30 4 ON THE Kuala Lumpur Tin Market, business was done at M$l7.2S per kg (ex-emetter), up eight cents from Thursday on an official offering of 78 tonne®. 1p KL TIN Goring prioM on ion 39 (M$AO) m Prk* Turnover (tonnes) 17.25 up 0.08 C I 78 up 549 words
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Article82 1988-01-30 4 FUEL OIL slid as fears of incoming supplies for Feb 16-28 caused some sellers to conclude business at lower prices. Gasoil and naphtha edged up slightly on continued good buying interest. Others wer unchanged. USS/borral Oiang* Dubai (Mar) Wm T«ia> 15.4B 0.06 WTI (Mar) 16.99 0.26 Products82 words
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Article256 1988-01-30 4 HONGKONG: GOLD cloeed steady in dull and thin trading on light local bargain hunting yesterday. Dealers said local physical demand was restrained with the outlook uncertain for both gold and the US dollar. The metal closed at U*****.80/467.20 an ounce against New York's US$466 4CV9O dose and the256 words
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Article304 1988-01-30 4 London Commodity Exchange Bwyof/SolUr dodng jftcti on Jan 28 (£/»onno unta Previous doting prica m tpodfiod). In po r Coft— Both in-ifor« tendon. Mlton option OF London ion 1166/1167 (1175/1179) High/low 1175/1165 Mar 1201/1203 (1205/1207) High/Low 1210/1200 f-l--OOVv* (2664) Cocoa Mor 1078/1079 (1088/1089) High/Low 1094/1076 May 1098/1099 (1107/1108)304 words
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MONEY AND EXCHANGES
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Article1732 1988-01-30 5 CURRENCY FUTURES OPTIONS Friday January 29 1988 DEUTSCHE MARK (SIMEX) M caNa FfDMputi 55 M 57 SB 59 60 *1 62 63 64 65 66 67 66 High 302A 201A MIA 41A 11A 3A Mar 88 call Low 297 196 107 39 9 2 1 CAB CAB CAB CAB1,732 words
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Article209 1988-01-30 5 Interbank rates at 3pm yesterday: efwge mo omn er«M partly Local dollori to < mo unit of foreign curroncyi US doHor 2.0170 2.0180 2.8196 -2M7 Sterling pound 3-5892 3.5940 7.3469 -51.15 Auttrollan doNor 1.4401 1.4428 3.4286 -58.00 NZ dolor 1.3342 1.3369 3.4286 -61.09 Canodtan dollar 1.5825 1.5846 3.4206209 words
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Article578 1988-01-30 5 EURODOLLAR futures yesterday opened higher than the previous close as the market remained firm on expectation of weaker US economic growth in 1988 following the fourth quarter US GNP data and speculation of lower interest rates. March Eurodollar fluctuated between 92.87 and 92.94 after opening at 92.88 with news578 words
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Article152 1988-01-30 5 t. Gold futures on Jan 28 100 troy ounces. USS par troy ounce OM" Mg* Low um» Nfc 466 00 467.10 445.30 466.50 -0.50 Mar 468.70 -0-70 Af 471.00 472.00 ■470.00 471 JO -0-70 Jwn 476.50 477.20 475.60 476.50 -0.80 481.00 442.00 481.00 481.70 -0.90 Oct 4MJ0152 words
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Article695 1988-01-30 5 SINGAPORE: The US dollar closed firmer against most major currencies yesterday with a rise mainly in late afternoon trading. Dealers said late Asian short-covering and European buying pushed the dollar higher. The dollar rose to a late 127.65/75 yen from an early 127.15/25 and New York's 127.15/20 close695 words
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Article, Illustration189 1988-01-30 5 iw p*lme Isndteg'ratss sf 12 major banks In fpere Interbank market rates (offer/bid) on Jan 29 US) DM SWFC Y«n 7 «®r» 4 13/14 11/1* 3/3 1/4 3 3/14 1/14 1 3/4 4 1/4 1/3 1 4 7/3 3/4 3 1/3— 3/3 3 3/14 1/14 1 3/14189 words
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Article82 1988-01-30 5 Treasury bills Period Issue Yesterday's dosing Day's code Maturity MD OFFER HKX LOW 3 months R*****3W 28.4.88 2.97 2.92 2.99 2.93 6 months BY*****S 30.6.88 3.00 2.95 1 ytof BY*****T 24.11.88 2.95 2.90 Government notes and bonds Period Issue Maturity Coupon Yesterday's dosing Day's code rate MO82 words
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Article260 1988-01-30 5 Asian market ASIAN DOLLAR deposit rates closed steady at opening levels, in quiet afternoon trading yesterday. Dealers said most operators were sidelined in the afternoon due to a general lack of interest in the absence of fresh factors. The market is looking to next week's outcome of the US Treasury260 words
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Article60 1988-01-30 5 THE OVERNIGHT rat* on the Singapore interbank market tell X point to end at 3% per cent The onemonth term rate stood unchanged while two and three months rose 1/16 point SI Interbank rates at 12 noon yesterday OffCt HO Ovar- 3 1/4 3 3 l/» 9 3-MMk60 words
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Page 5 Advertisements
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Advertisement9 1988-01-30 5 IB BANQUEINDOSUEZ 3 Shenton Way. Shenton House, Singapore 01069 words
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Advertisement104 1988-01-30 5 J AN NOW FOR A PERIOD'ON J Stay two nights with us and enjoy... An extra night free OR A Ss7s gourmet meal at no extra charge Coming home at *Ss7s++ gets even better! When you stay with us for two nights, you can stay on for a third night104 words
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PERSPECTIVE
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Article560 1988-01-30 6 THE DEBATE OVER topless women who feature in British tabloids is set to become a debate again. Member of Parliament Clare Short plans to reintroduce a Bill banning "Page Three Girls", despite the fact that her attempt to do so 18 months ago was560 words
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Article, Illustration994 1988-01-30 6 JANET SNYDER - Since China opened its-doors to the outside world in 1979, no country has benefited more than Japan, whose goods have flooded the country and whose companies have set up even in remote cities. Within the Chinese capital itself, the Japanese touch appears everywhere. The 4,000-strongReuter - 994 words
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Article289 1988-01-30 6 Peter Chia - Letters to the Editor Peter Chia Public Affairs Manager Stock Exchange oI Singopore Lid Door Sir In his letter to Business Times, last weekend, P L Koh missed the point of the question in our earlier reply. We in effect asked if he would like us289 words
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Article107 1988-01-30 6 Lo Hock Lin; Co - Lo Hock Lin Co Deer Sir We wish to inform you that the report published in the Business Times on Jan 27 appears to give the impression that Lo Hock Ling Co is involved with the Broadview Commodities case as this was the only firm of accountants mentioned107 words
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134 1988-01-30 6 Aruno Salvi (Mrs - Aruno Salvi (Mrs) Manager Professional Services Division Citicorp Insurance Brokers Door Sir We wish to draw your attention to a minor matter in your article in Business Times on Jan 26 entitled 'Citicorp offers builders insurance against structural defects'. May we clarify that134 words
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Article124 1988-01-30 6 Concerned Taxpayers - Concerned Taxpayers Dear Sir The Tax Department has promptly despatched the Form B income tax return forms to all tax payers and demanded that the computed form be returned within 21 days, ie by Feb 20. 1968 However, government bodies such as the Singapore General Hospital124 words
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Article265 1988-01-30 6 D W Distant - D W Distant Dear Sir j\>- 1 Tuesday January, 26, 9 h*'-" 8.15 am Joined the few people waiting for the x v south bound train at Orchard Station. T2O am Still waiting but crowd getting larger. 8.25 am Friend I265 words
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Page 6 Advertisements
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Advertisement43 1988-01-30 6 OT welcomes letter* from readers. Your letter* muil include your signature, lull name, address, snd home and office telephone numbers, if any. You may add pseudonym, if you wish. Address your letters to: The Editor. Business Times, 390. Kim Seng Road, Singapore 0923.43 words
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Page 6 Miscellaneous
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Miscellaneous721 1988-01-30 6 CRYPTIC PUZZLE ACROSS 8 Twist and cheat: wrong! (4, 3) 9 The expatriate Scot imagining he's back home? (4-5) 13 Secure, thanks to her (5) 14 The one chasing has dropped a coat (5) 15 Crossing a corridor (7) 16 Excellent job in a bottling factory (7) 17 Call the721 words
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Miscellaneous13 1988-01-30 6 rißnk DirJc^nf: Tbvikjr t* tecsw»T«( **«wwy«.* W5&2/** PvO ,p v^_ l.Ul.»«» l*7 £cA^„13 words
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Executive Lifestyle
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Article193 1988-01-30 7 THE NEXT TIME aggressive bankers at Citibank receive an unfavourable response from the Monetary Authority of Singapore over a request for expanding banking powers in the Republic, they might want to check their initial correspondence. A Citibank customer recently received a letter from a New York193 words
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Article, Illustration1223 1988-01-30 7 MARTIN SOONG - v. With MARTIN SOONG FEW THINGS in a man's life arouse as much nostalgia and emotion as a motorcycle. Friends and lovers come and go, but motorcycles, well, they seem to stay with you forever. I've been through four, and I can still remember each1,223 words
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Article, Illustration1196 1988-01-30 7 ZHOU MEI - By ZHOU MEI TO ALL THOSE anxiously awaiting the arrival of the Year of the Dragon, the year actually dawns on Feb 4. 1968, when the seasonal joint "coming of Spring" occurs. Astrologically and astronomically, a child born after Feb 3 this year comes under this zodiac1,196 words
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Executive Lifestyle: Entertainment & Pursuits
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Article, Illustration530 1988-01-30 8 MONICA GWEE - MEN By MONICA GWEE FESTIVE SEASONS mean only one thing to me: drunks. I beg your pardon, "l-am-NOT-drunk" drunks. But this is no sermon and I'm no nun. It simply occurred to me over the Western New Year as I sat at a party with a group of530 words
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604 1988-01-30 9 THE FOOD TEAM - FOOD By THE FOOD TEAM OH, FOR the good old days of the dim-sum wagon! The fun was in choosing from all those tempting goodies in front of you, and digging straight in after the waitress had plonked them on the table.604 words
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Article, Illustration405 1988-01-30 9 SKAL! PREGNANT WOMEN and fish lovers will be able to indulge their cravings to their hearts delight, but only till Feb 12, at a Baronial repast, courtesy of the Royal Holiday Inn. The fare is typical Swedish with a wide variety of seafood, in405 words
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Article, Illustration692 1988-01-30 9 LEE HAN SHIH - HEALTH By LEE HAN SHIH PEOPLE HARDLY EVER read the labels on their pill bottles or food packages. Perhaps, like me, it's because they don't understand them. The label on my bottle of multivitamins, for example, could be cut out and auctioned off to Campbells if692 words
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Article, Illustration480 1988-01-30 9 ACHIEVEMENTS THE SWISS are funny. When they like you. they cell you "notorioua". The Swiss like Su Yeanfl. So much so that International Packaging Consultants (IPC), a non-profit organisation based there and devoted to boosting the professional standards of packaging consultants worldwide, decided to accept this designer480 words
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Executive Lifestyle: Entertainment & Pursuits
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Article, Illustration558 1988-01-30 10 JAIME LYE - CINEMA By JAIME LYE ALRIGHT. It's been panned often enough since its release. Now it's here, for us to judge for ourselves so here goes: just how bad is Who a That Girt? Not that bad, really, so long as you can make the connection558 words
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Article, Illustration1033 1988-01-30 10 Jaime Lye - PERSONALITIES -*r Jaime Lye AS I CHATTED with Mrs Elaine Johnson and jotted down notes throughout the interview, I was fully conscious of the way my left hand kept creeping over my notebook in a thinly disguised attempt to hide what I was1,033 words
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Executive Lifestyle: Entertainment & the Arts
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Article312 1988-01-30 11 CINEMA: Spacoballa starring Mel Brooks. Showing at Cathay: 11; 1.30; 4; 6.30; 9.15. Robo Ratallator Starring Robert Ginty, Sandahl Bergman. Showing at Capitol: 11; 1.45; 4; 6.30; 9.15 and Changi: 11; 1.30; 4; 7; 9.15. A Chorus Una starring Michael Douglas. Showing at Orchard: 11; 1.30; 4; 6.30; 9.15.312 words
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Article, Illustration1105 1988-01-30 11 WALTON MORAIS - NIGHTSPOTS By WALTON MORAIS ON THE DAY Larry Holmes was getting his brains bashed out by mean Mike Tyson, I took a trip down to Brannigan's to drown my sorrows. You see, Holmes had been my hero for the last 10 years ever since the day in1,105 words
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Article, Illustration255 1988-01-30 11 NEW GEAR CONTEST THE STUMPER in Executive Lifestyle's New Gear contest turned out to be the second anagram OLIVER S AT PLAY (10,3 Private). A fair proportion of the 3,427 entries received by the closing date drew a blank there, but there were some ingenious255 words
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Executive Lifestyle: Sports
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600 1988-01-30 12 Jerome Fandor - RACING TMCk with Jerome Fandor LAST SEASON saw new trainers at the forefront of racing. Johnny Kok annexed the trainer's championship from the great Teh Choon Beng in his first full season as a trainer. Michael Ho switched from jockeying to600 words
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409 1988-01-30 12 SKIING AP THEY ARE AS DIFFERENT as Scandinavian summers and winters. Still, Gunde Svan and Matti Nykanen could end up sharing similar titles again at the Winter Olympics: Nordic ski kings. Svan, a mild-mannered Swede, is expected to once again dominateAP - 409 words
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Article, Illustration335 1988-01-30 12 SQUASH Reuter WORLD CHAMPION Jansher Khan of Pakistan and defending champion Ross Norman of New Zealand were convincing winners over unseeded British opponents in the second round of the US$4O,OOO Belgian grand prix squash tournament on Thursday. Jansher brushed aside qualifier Chris Walker 9-5 9-1Reuter - 335 words
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Article, Illustration260 1988-01-30 12 ATHLETICS Reuter BRITISH athletics officials on Thursday called upon quadruple Olympic gold medallist Carl Lewis to prove his allegations that athletes in Britain and the US had died after taking perfor-mance-enhancing drugs. Tony Ward, spokesman for the British Amateur Athletics Board, said the American'sReuter - 260 words
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315 1988-01-30 12 TENNIS Reuter FORMER Wimbledon champion Boris Becker, back in action this week after a seven-week break, says his big mistake last season was in not taking a chronic knee injury seriously. Becker, who marked his return with two victories on successive days overReuter - 315 words
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Article, Illustration313 1988-01-30 12 GOLF AP DAVIS LOVE 111 parlayed a new putter and the best score of his career, an 8-under-par 63, into a 3-stroke lead Thursday in the first round of the U*****,000 Phoenix Open golf tournament. Love.AP - 313 words
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325 1988-01-30 12 MOTOR RACING AP MAURO BALDI of Italy helped Porsche hold off the expected Jaguar onslaught on Thursday by winning the pole position for this weekend's Daytona 24-hours Imsa Camel GT endurance race. Baldi, who now makes his home in Monte Carlo, droveAP - 325 words
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428 1988-01-30 12 AMERICAN FOOTBALL AP RICHIE PETITBON answered the question with the patience of someone who has been listening for more than 30 years in pro football. "No," said Washington's defensive coordinator, he didn't expect the Redskins to get the eight sacks onAP - 428 words
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Article277 1988-01-30 12 SAILING UPI THE AMERICA'S CUP defenders on Thursday dropped their opposition to New Zealand's challenge and will send skipper Dennis Conner against the New Zealanders this autumn in yachting's most prestigious race. Sail America Foundation, the managing arm of the San Diego Yacht Club'sUPI - 277 words
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BRIDGE
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Article, Illustration661 1988-01-30 12 MIKE THUMBA - t»y MIKE THUMBA DURING the peat few weeks, we have been discussing the series on defensive plays. They were meant basically for beginners or intermediate players. This week I would like to discuss two hands that would be of interest not only to the intermediate players but661 words
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Executive Lifestyle: Personal Investment
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1063 1988-01-30 13 LEONG WEN WAH - STOCKS By LEONG WEN WAH SINGAPORE'S Big Four local banks appear sat to report record profits for 1987, but it is unlikely that the same performance could be repeated for this year. According to stockbroking analysts, the uncertain economic outlook following October's1,063 words
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Article, Illustration431 1988-01-30 13 RAMESH CHANDIRAMANI - IMMIMi NttH is" < By RAMESH CHANDIRAMANI PUZZLING, ISN'T IT? When the local stock market is expected to be weak, it holds its course steady and even manages to gain ground. And when it is expected to surge ahead on the strengths of Wall Street,Source: Chartamatic - 431 words
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Article573 1988-01-30 13 SHARE FUNDS NYT DESPITE the October stock market collapse, the Bank of Oklahoma's Option Equity Fund in the US held its own. By falling only 0.9 per cent in the fourth quarter, it was the best performer out of 321 Commingled Bank common stockNYT - 573 words
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Article315 1988-01-30 13 Ruth Corb - ART TRADE Ruth Corb Ruth Corb, Sothmby'* R—march Dmpmrtmont THE FIRST major sale of English furniture in New York during the second phase of the 1987-88 art market season took place amid the usual high level of interest. Indeed, at the end of 1987, Sotheby's index315 words
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Article830 1988-01-30 13 LEXICON BEHinfTER'S^ amjm NOVICE INVESTORS often find themselves at a disadvantage because they are fuzzy about what certain investment terms mean. Here, then, is a layman's lexicon of frequently misunderstood words and phrases used in the money game. Book value. This term has several830 words
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Page 7 Advertisements
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Advertisement28 1988-01-30 7 FOR A CHANCE TO WIN A MONTH'S FREE PURCHASES, CALL 532 3577 CHASt VAAHATAN CIASSC CAJC iZHSSE 1588 ib?8123?-af HIV* L iH«_ :»«in t^nss CHASE CLASSIC VISA •434028 words
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Advertisement214 1988-01-30 7 Timeless values. These two exquisite watches, in the shape of peaches, are called «For China». The craftsmen of Geneva were renowned for their mastery of enamel and these watches are a triumph of their art. By their efforts the subtle gradations of colour found in the skin of the fruit214 words
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Page 8 Advertisements
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Advertisement885 1988-01-30 8 aft m v, ire. ifl if MING COURT lOTEL SJNC.AKttfc Ming Palace Steamboat Bring your family and friends and enjoy our steamboat buffet dinner laden with fresh prawns, succulent seafood, fresh vegetables, eggs and noodles. Cook up a steaming hot, mouthwatering meal... mmm then take a second helping or more.885 words
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Advertisement209 1988-01-30 8 ATASTEOF sm (People 22-31 Jan '88 Seven of Yunnan's most famous chefs, all of whom have catered for top dignitaries will prepare 40 specialty dishes for you. There will be a choice of four set k menus for tables of 10, plus one for tables of four persons as well209 words
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Page 9 Advertisements
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Advertisement292 1988-01-30 9 ~{^"++~/<|$})/"&,)]_-{=[_=?]+)- w t 4 Sunday Brunch: A great family outing. If s a wonderful way to combine a late breakfast with an early lunch on a lazy Sunday. Sausages, bacon, eggs any way you want them oysters, smoked salmon, tasty entrees, roast... right through to pastries, puddings, fruit salad and292 words
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Advertisement159 1988-01-30 9 PALM ..GRILL An elegant and intimate ambience. With exceptional French and Continental cuisine. And the very finest wines from our exclusive cellars. BUSINESSMEN'S SET LUNCH $36+ Closed on Sundays. Saturday dinner only. Westin Plaza, Ist Floor. For reservations, call 338 8585. ext. ***** or 330 8310. The Westin Plaza Raffles159 words
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Page 9 Miscellaneous
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Miscellaneous1049 1988-01-30 9 Saturday BBC 88.8 mHz in VHF Band II BAM World News 8.00 The World Today IJS A Letter from Northern Ireland 8.30 Financial News MO Reflections 0.45 Sports Roundup. 7.00 World News 7.0t Commentary. 7.15 From the Weeklies 7.30 Multitrack 3. 0.00 World News. 0.00 News about Britain. 8.18 Radio1,049 words
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Page 10 Miscellaneous
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Miscellaneous1595 1988-01-30 10 Test pilots, POWs and Fame Bette Davis put herself on the Hollywood map with her performance in Of Human Bondage, where she plays a vulgar waitress for whom a doctor has a strange infatuation. This smooth and well-acted 1934 version of Somerset Maugham's story also features the talents of Leslie1,595 words
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Page 11 Advertisements
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Advertisement223 1988-01-30 11 Building thebest is easy vou've loefote. lewis Young knows how to put together a winning business magazine. He should. He made Business Week the world's leading journal of its kind during his fifteen years as Editor-in-Chief in New York. Now he brings that unrivaled experience to Asia-Pacific's most rewarding magazine223 words
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Page 13 Advertisements
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Advertisement28 1988-01-30 13 BT welcomes investment ideas and viewpoints from brokers, bankers and other readers. Address all correspondence to: The Editor, Personal Investment, Business Times, 390 Kim Seng Road, Singapore 0923.28 words
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Advertisement287 1988-01-30 13 &ct/imand of f'jfta/ayAta)&e\Aail (Incorporated in Malaysia) ANNOUNCEMENT Unaudited results of the Group's operations for the half-year ended 31 st December 1987 are as follows: JULY/DEC. 1987 JULY/DEC. 1986 COMPANY GROUP COMPANY GROUP COMPANY GROUP Msooo MSOOO MSOOO Msooo Group turnover rose by 15.4% producing pre-tax profits of $70.0 million, an287 words
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STOCK EXCHANGE OF SINGAPORE
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Article, Illustration4197 1988-01-30 14 FOREIGN INVESTORS continued to unload their DBS Land shares yesterday but local Investors snapped them up. leaving the counter unchanged at 94.5 cents on a turnover of 4.13 million shares. Dealers said most of the buying interest in DBS Land shares was4,197 words
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Article226 1988-01-30 14 L- J SINGAPORE Rises tnd less tm 2t M 29 Mo 645 45 rci^m. 79X97 ***** ICS 730 10 •TOt/OS 77 If O C C 665 10 •TCAU -6477 -4C79 *•*0 HMg* 60S 10 •T I04«MA -6443 -6441 MTC7K 340 10 now *****54 *****17 Mm 505 ♦9226 words
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Article2971 1988-01-30 14 BID and offer prices officially listed and business In and reparted to the Stock Exchange at Singapore yesterday with the number of shares traded shown tn brackets in lots of 1,000 units unless otherwise specified. All Time Settlement Contracts are quoted after the ward "SETT'.2,971 words
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Article275 1988-01-30 14 Manogor*' prtcoi for Jan 30 F«b 1 a o J Iffim Cr fund Snwiton Thrift fund 1.47 OBI "MT OBI Singapore Unit Trust UOB Managomont JM Sovngt fwnd 092 aao 0* OA, Unitund Unibond* 042 0965 042 101 S'por* Prog fund S'por* S*c fund S'por* Intam Fund S275 words
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Page 14 Advertisements
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Advertisement13 1988-01-30 14 M onagers ust anage BT shows you how every Monday. Technology every Friday13 words
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COMPANY NEWS
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Article, Illustration482 1988-01-30 15 ROSIE TAN - By ROSIE TAN THE DISTRICT COURT yesterday granted a three-week adjournment to banker turned deal-mak-er Allan Ng Poh Meng in connection with a charge of insider trading made against him earlier this month. At yesterday s mention, which lasted exactly two minutes,482 words
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Article, Illustration458 1988-01-30 15 MBT PROPERTY-BASED Pelangi has been given a licence recently by the Malaysian Industrial Development Authority to manufacture examination gloves, condoms and rubber latex threads. Although the company intends to start production on a small scale, sources say Pelangi may have to set asideMBT - 458 words
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COMPANY BRIEFS
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61 1988-01-30 15 PETALING TIN Bhd has turned in a pre-tax profit of M 55.22 million against a loss of M 57.33 million in the previous year. Chairman Tan Sri Ibrahim Ismail said yesterday the improvement was due to a cut in tribute payments to a nominal level61 words
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Article59 1988-01-30 15 HONGKONG'S Shui On Group Ltd said it had won a U5535.4 million contract for the construction of an 11-storey multi-pur-pose complex in China, the Hua Wei Centrfe. The project, representing Shui On s first turnkey contract in China, is a joint venture investment between China's59 words
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Article59 1988-01-30 15 investment SAN MIGUEL CORP, the Philippines' largest food and beverage company, will spend about three billion pesos on expansion this year and finance most of it through domestic borrowings, according to its executive vice-president and chief finance officer Ramon del Rosario. Between two billion and 2.5 billion59 words
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86 1988-01-30 15 SOUTH KOREAN industrial giants are working to step up direct trade and economic cooperation with East European countries in spite of a lack of diplomatic ties. The Daewoo industrial group has just set up an office in East Berlin and plans to open similar86 words
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162 1988-01-30 15 AFP HONGKONG-BASED Ka Wah Bank was yesterday given the green light by the High Court to serve a writ in Kuala Lumpur on three former officials, Bernama news agency said. The bank had applied to serve an MsB.s million (US$3.4AFP - 162 words
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339 1988-01-30 15 KHONG GUAN FLOUR MILLING Ltd has turned in a pre-tax profit of $93,000 for the half-year ended Oct 31. 1967, after suffering a full year pre-tax loss of $470,000 last April. Intense competition from imported flour, however, led to a 7.65 per339 words
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671 1988-01-30 15 CORRINA LIM - By CORRINA LIM MOST STOCKBROKING firms have agreed to be market-mak-ers in the New York over-the-counter market when it is linked up with its local counterpart on Mar 15. Firms contacted by BT confirmed they will be making markets in Nasdaq (National Association671 words
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294 1988-01-30 15 MBT SELANGOR PROPERTIES' group pre-tax profit has been trimmed to M 56.553 million for the year ended Oct 31, 1987, from M 516.007 million previously. This is due largely to the general dedine in rental ratss and a cut in lease rental andMBT - 294 words
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503 1988-01-30 15 MBT TALAM CORP's latest financial accounts have been qualified by its auditors Hanafiah Raslan and Mohamad. The auditors noted that the group's current liabilities exceeded current assets by M 55.7 million as at Jan 31, 1967. Continuation of the group as a goingMBT - 503 words
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Article198 1988-01-30 15 TOBACCO COMPANY Rothmans of Pall Mall (M) Bhd has declared a higher interim dividend of 15 cents less tax compared with 10 cents previously. The dividend will be paid on Mar 24, 1988 to shareholders on the register of members at the close of business on198 words
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Article184 1988-01-30 15 CHIN TECK PLANTATIONS BERHAD: 29th AGM at No 107-1, Changkat Tambi Dollah, ***** Kuala Lumpur, tomorrow, at 10am. CYCLE i CARRIAGE Limited: 19th AGM at the Royal 1 2, Level 1, The Pavilion Inter-Continental Singapore Hotel, 1 Cuscaden Road, Singapore 1024 on Wednesday. Feb 3, at noon. MALAYA184 words
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Article100 1988-01-30 15 Reuter STANDARD CHARTERED PLC said in a statement yesterday it had signed an agreement to sell its whol-ly-owned subsidiary Union Bank ot Arizona to Citicorp for between US$2OO million and US$2lO million cash, representing £110 million to £115 million, payable on completion. Standard said the sale priceReuter - 100 words
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152 1988-01-30 15 AFP THE MALAYSIA FUND Inc. a close-ended fund investing in Malaysian stocks, has survived last October's stock market crash and is recovering very well, according to its chairman Richard Debs. The Fund, which is listed on the New York Stock Exchange (NYSE), fell to aAFP - 152 words
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Article435 1988-01-30 15 Canon El look* Date TaM far Total tar pmfmm M date CtOM P.T-* ■la foor laat roar A 1 S ft 5% <bl OK IS ion 7 Fob 8 5% 5% A M 0 ft l%(bt Fab 2 Fob 16 Mor 17 1% «2%(ol Amol Stoal 8%TEIbl Doc435 words
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REGIONAL MARKETS
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Article250 1988-01-30 16 Move to counter soaring yen AP FUJITSU LTD, Japan's largest computer manufacturer, will continue to expand production overseas to remain competitive in international markets, according to Fujitsu president Takuma Yamamoto. Mr Yamamoto said on Thursday it was natural for Japanese companies such as Fujitsu toAP - 250 words
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Article3058 1988-01-30 16 SHARE PRICES on the Kuala Lumpur stock market finished mixed yesterday in more active trade. Volume expanded further because of several big block transactions. Following a barely steady start share prices tended mixed amid slightly improved trading conditions. However, the market was quiet in terms of3,058 words
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Article, Illustration159 1988-01-30 16 Reuter A LARGE New Zealand firm of stockbrokers has ceased trading but said it would honour all obligations to clients. The Wellington Stock Exchange said Frank Renouf and Company, founded five years ago by prominent businessman Sir Frank Renouf, considered it would be prudent toReuter - 159 words
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Article1408 1988-01-30 16 Hongkong SHARE PRICES on the Hongkong market closed marginally lower in quiet and lacklustre trading yesterday as advances on New York and in Tokyo markets failed to spark buying interest, brokers said. The Hang Seng Index shed 3.06 points to 2.409.66, while the broad-er-based Hong Kong Index1,408 words
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Article105 1988-01-30 16 K*l ***** 1000 Kangwon Ind Kit Motor ***** 170B0 ♦800 800 1000 Koton Ind 300 Haewoo Corp ***** ***** +1000 900 Korea Long Tarm... Lucky Lid ***** 300 800 Oalafwn Sacurtttaa Dong Ah Phar Dong Suh Slock ***** ***** ***** ***** ***** 1500 uncti -1900 100 800 Orianttl Brawary105 words
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Article495 1988-01-30 16 Reuter SHARE PRICES on the Tokyo market closed slightly up yeeterdsy on modeet trade on continued buying ot financial#, prompted by lower interest rates, and on momentum from a strong week ot gains. Brokers said expectations ot a new investment trust fund, to be offered by a major JapaneseReuter - 495 words
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Article435 1988-01-30 16 Reuter THE AUSTRALIAN share market closed firmer yesterday, but just off the seesion's highs sfter drifting without direction throughout the day. Brokers said ysstsrday's sncouraging consumer price index figures. Wsll Street's modest overnight rally and bullion's' apparent levelling off after falling about US$lO in the past week received noReuter - 435 words
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Article151 1988-01-30 16 Reuter THE SECURITIES Exchange of Thailand Index edged up 0.44 to 318.78 yesterday on a turnover of 2,422,065 shares worth 270.07 million baht. JAM BAMT Ao Kham Thai m m Ayudhya lux—tnwn t. 306 -4 Bangkok Agro-tad... 85 unch Bangkok Bank .319 Bank 01 Ayudhya. Charoong Thai Win 310Reuter - 151 words
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Article242 1988-01-30 16 JAN 29 NTS 2 SB -*-007 Kolln Kuochan Oav Laa Chang Yuan Cham Indua 33 70 41 JO 36.90 -1 -12 0 1 71 90 Uan Hwa Indua 41.30 -1.2 Cathay Cons 73 00 -2 Nan Ya Plaa 235 00 Pacific Cona 56.50 19 56 50 narUlf n« nl242 words
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Article75 1988-01-30 16 jan n i Oriental B Phil OvtfMW ***** 0 046 0 53 0.00 unch 0.03 unch Picoo B Ami Mining 8 0 048 0002 pu)t 14S -3 31 -1 San Mtguai B 130 0 026 -0 001 Bask: Patroiaum 0 017 unch Sim* Darby 26 Banguat Con B 9075 words
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Page 16 Advertisements
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Advertisement522 1988-01-30 16 NOTICES IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF SHIPCARE SINGAPORE PTE LTD (MEMBERS' VOLUNTARY WINDING-UP) At an Extraordinary General Meeting of the Members of SHIPCARE SINGAPORE PTE LTD duly convened and held at 48 Hlllvlew Terrace #07-02, Singapore 2366, on the 29th day522 words
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Advertisement547 1988-01-30 16 IN THE MATTER OF THE COMPANIES ACT, CAP. SO PURSUANT TO SECTION 290(2)(b) AND IN THE MATTER OF MARCHAND ENTERPRISES PTE. LTD. At an Extraordinary General Meeting of the above named Company duly convened and held at 6001 Beach Road, #1201 412-11 Golden Mile Tower, Singapore 0719 on Thursday 28th547 words
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WORLD MARKETS
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Article922 1988-01-30 17 New York Reuter WALL STREET closed sharply hiflher in moderate trading on Thursday. Analysts said hopes for lower interest rates outweighed worries about slower economic growth and, sending prices higher across the board. A firm undertone in the bond market also lent equities some support, tradersReuter - 922 words
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Article915 1988-01-30 17 London Reuter WALL STREET'S sharp jump on Thursday (tight was followed by a round of mark«jps in London yesterday morning, but volume was low as no news emerged to ture investors back into the market, dealers said. The FTSE 100 Index opened 5.2 pointsReuter - 915 words
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Article1143 1988-01-30 17 HONGKONG Hongkong Index Friday 1,574.13 Thursday 1577 05 Waak ago 1.***** Hong Song Index Friday 2.409.66 Thursday 2.***** WMk ago 2.422 38 All Industrials Friday 2.0000 Thursday 1.994 1 WMt ogo 2.0022 NEW YORK Dow Jones Thursday 1.***** Wednesday 1.911.14 Waafc ago 1.879 31 TOKYO Nikkei Average Friday1,143 words
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90 1988-01-30 17 AFP MCDONALD'S Corp. the world's largest last-food chain, said yesterday its 1987 fourth-quarter net earnings rose to U*****.6 million, or 14 per cent more than a year earlier. The company's turnover increased 15.6 per cent to US$3.7 billion during the three months under review, markingAFP - 90 words
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Article, Illustration465 1988-01-30 17 Loss not expected, says chairman IHT PORSCHE AG. the West German sports car maker, expects sales to sink by one billion deutschemarks (U*****.8 million) in the current fiscal year under the combined weight of the weak dollar and the global stock market collapse, saysIHT - 465 words
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Article101 1988-01-30 17 Reuter OIL ANALYSTS remain convinced that the British Petroleum will win its takeover bsttle for Britoil despite Britoil's trenchant defence document published earlier yesterday. Although Britoil plans to rsise its 1967 dividend by 50 per cent to 12p and predicts after-tax profits of £143 millionReuter - 101 words
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Article103 1988-01-30 17 NYT THE CHRYSLER CORP said it is closing its assembly plant in Kenosha. Wisconsin, putting 5,500 of the 6,500 employees there out of work. Chrysler acquired the plant and three others in August, when it bought the American Motors Corp. a merger that it later saidNYT - 103 words
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447 1988-01-30 17 NYT BELEAGUERED by the controversy surrounding the Seabrook nuclear power plant the Public Service Co of New Hampshire filed for bankruptcy protection on Thursday, the first major public utility to take that step since the Great Depression. The company's decision to seek protection fromNYT - 447 words
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Page 17 Advertisements
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Advertisement5 1988-01-30 17 Vienna prtcM w*r« not availatoJ*5 words
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Advertisement430 1988-01-30 17 NOTICES IN THE MATTER OF THE COMPANIES ACT CAP 50 AND IF A (ASIA) SALES A SERVICES PTE LTD (IN CREDITORS' VOLUNTARY LIQUIDATION) At general meetings of the company and the creditors of the company held at 11 Collyer Quay #18-02, The Arcade, Singapore 0104 on I 22 January 1868,430 words
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Advertisement436 1988-01-30 17 IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF CARTER SEW PRIVATE LIMITED (In Members' Voluntary Liquidation) Special Resolutions NOTICE IS HEREBY GIVEN that at an Extraordinary General Meeting of Cartersew Private Limited duly convened and held at 111 North Bridge Road #1201 Peninsula Plaza,436 words
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Advertisement309 1988-01-30 17 IN THE MATTER OF THE COMPANIES ACT, CAP. M RADI PRIVATE LIMITED (In Members' Voluntary Liquidation) Special Resolutions At an Extraordinary Oeneral Meeting of the members of RADI PRIVATE LIMITED duly convened and held at 111 North Bridge Road #12-01 Peninsula Plaza, Singapore 0617 on 25th January 1988 the following309 words
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324 1988-01-30 18 LIM SOON NEO - By LIM SOON NEO SINGAPORE AIRLINES has teamed up with two Japanese companies to form a joint venture which will manufacture, repair and market aircraft cabin equipment and related materials. The airline concluded an agreement on Jan 25 with New Japan Aircraft324 words
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225 1988-01-30 18 AP ALL 13 major 1988 US presidential contenders say reducing the US government budget deficit is a top goal but most offer only sketchy suggestions on how to do it a study says. Only one Democrat Bruce Babbitt has called for a major newAP - 225 words
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Article, Illustration596 1988-01-30 18 TSANG SAU YIN - By TSANG SAU YIN THE Singapore Festival of Arts moves into its second decade this year with an expanded programme in terms of variety and the number of productions, and expectations of larger audiences. This biennial cultural event, to be held596 words
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135 1988-01-30 18 VISITING Indonesian Defence and Security Minister, General (Retired) S Poniman, called on First Deputy Prime Minister Goh Chok Tong yesterday. Also present at the meeting was the Trade and Industry Minister and Second Minister for Defence (Services) Brigadier- General (Res) Lee Hsien Loong. The135 words
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411 1988-01-30 18 LILY FERNANDEZ - By LILY FERNANDEZ THERE IS much that women's organisations can do to help bring about changes in the attitudes of society towards women, said Mr Wong Kan Seng, Minister of Community Development. Mr Wong, who was delivering the keynote address at the opening of the411 words
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Article, Illustration337 1988-01-30 18 AFP FORMER Malaysian Deputy Minister Kee Yong Wee was yesterday jailed for two years and fined M 52.5 million for criminal breach of trust. Kee, who served as Deputy Trade and Industry Minister for eight months in 1966, had pleaded guilty on Jan 21 to twoAFP - 337 words
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182 1988-01-30 18 AFP HONGKONG tycoon Li Kashing's business stable yesterday announced an HK$B billion property project on both sides of the British colony's Victoria harbour. Four top companies of the Li group, headed by Cheung Kong Holdings Ltd, said in a statement they had acquiredAFP - 182 words
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Article56 1988-01-30 18 Reuter MALAYSIA'S Primary Industries Minister Lim Keng Yaik says a Brazilian decision to join the Association of Tin Producing Countries (ATPC) could lead to Malaysian membership of the International Cocoa Agreement. "I have told Brazil you join the ATPC and we will positively consider joiningReuter - 56 words
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Article108 1988-01-30 18 A DIRECTOR of defunct City Securities, Sng Hock Seng, was declared a bankrupt by the High Court yesterday. Mr Sng, a stockbroker, owed Hill Samuel Merchant Bank Asia Ltd a judgment debt of $1.51 million. The money was obtained in September 1986. City Securities has since been108 words
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Article93 1988-01-30 18 Reuter COM EX GOLD futures sank to the lowest in six months on technics! liquidation by speculators and fund traders yesterday morning on the back of a downturn in London. In fast-paced trading, the key April delivery lost US$lO.OO at U*****.50 an ounce after taking out heavy sellReuter - 93 words
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LATE FILE
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Article49 1988-01-30 18 DR ONG Leong Boon is the now president of the Singspore Lswn Tennis Associstion. He best incumbent Or Desmond Oon by ssven votes st the snnusl general meeting lest night Or Ong polled 28 votes to Or Oon's 21. One vote wes spoilt.49 words
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Article43 1988-01-30 18 Reuter WEST Gsrmsny snd Jspsn both announced record 1967 trade surpluses yesterday. Japan's exceeded US$B6 billion, while West Germany reported a US$7O billion surplus. The US deficit to likely to be sround US$l7O billion in 1068. US officials ssy. RouterReuter - 43 words
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Article50 1988-01-30 18 THE political leaders of Britain and Franca held a oneday summit yaatarday with the proapact of tough talking on European defence and floriculture. French Preeident Francois Mitterrand arrivjff 15 minutes late at Londava Lancaater House for the opening one-hour session of talks with Prime Minister Margaret Thatcher. Renter50 words
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37 1988-01-30 18 AP PRESIDENT Chun 000-Hwan said yaatarday he expects Communist North Korea will gradually change its hardline policy and agree to reopen o*fCe/talks with South Korea as Std? $9 next year. £PAP - 37 words
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Article53 1988-01-30 18 AP SAUDI Arabia was reported yesterday to have halted imports of Iranian goods through Dubai in what appeared to be a boy cob of the Persian state. The ce*rf%.' touched off speculation Saudi Arabia might hive started a political drive against Iran until it ends its wsrAP - 53 words
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Page 18 Advertisements
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Advertisement0 1988-01-30 18 &,{;}{;\@",+:*]>}[(:/}(+:~"^['/0 words
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Advertisement21 1988-01-30 18 L ce m i 0 —Q2 si OI r mi-w 4 c PARIS Lancel Boutique: 435 Orchard Road, #02-28/31 Wisma Atria.21 words
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