The Business Times, 15 October 1988
1988-10-15
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The Business Times
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Title Section12 1988-10-15 1 BUSINESS TIMES MCI (P) 95/12/87 Weekend Edition, October 15-16 1988 75 CENTS12 words
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Article253 1988-10-15 1 AP Dow Jones up WALL STREET stocks gained ground yesterday morning in a broad advance led by International Business Machines shares. The Dow Jones Industrial Average rose 13.33 points to 2,146.69 in the first hour of trading. Gainers outnumbered losers by more than five to two, withAP - 253 words
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Article135 1988-10-15 1 SHORT-COVERING by dealers pushed up the US dollar against major currencies in the Asian foreign exchanges yesterday. They said the greenback was oversold before the US August trade deficit was released on Thursday. Although market sentiment remains bearish, fears of central bank intervention below 126 Japanese135 words
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Article, Illustration248 1988-10-15 1 REGIONAL MARKETS, except for Singapore, closed higher yesterday following the overnight recovery in US stocks. In Singapore, share prices slipped on a lack of buying interest and light selling. Investors ignored the positive responses of regional markets to the US trade deficit figures and Wall248 words
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Article, Illustration595 1988-10-15 1 LEE HAN SHIH - Hotel once the prized possession of Ng Quee Lam By LEE HAN SHIH, Property Correspondent THE PRESIDENT MERLIN Hotel, once the prized possession of former rubber magnate Ng Quee Lam, has been put up for sale by his creditors. Sources said a group of595 words
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523 1988-10-15 1 BRIAN GOMEZ - By BRIAN GOMEZ PETROL PUMP PRICES have dropped to their lowest level in nine years with three major oil companies slashing their price for premium grade petrol by 4.6 cents to 85.4 cents a litre. Shell, Mobil and Singapore Petroleum announced523 words
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242 1988-10-15 1 Reuter AMERICAN Trade Representative Clayton Yeutter says that the European Community is drafting regulations that will shut out some foreign goods when the EC lifts internal trade and investment barriers in 1992. "The 64,000-dollar question is whether or not it willReuter - 242 words
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Page 1 Advertisements
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Advertisement244 1988-10-15 1 Nikon Th« World's Finest Photographic System. Full report, PAGE 16 Regional mkts, PAGE 18 World mkts, PAGE 19 BT on Saturday: 6 A funny kind of tragedy Stave Jobs 6 The latest dream machine of the personal computer pioneer Japan 6 Medical foods expected to be big business Home News:244 words
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Advertisement7 1988-10-15 1 EC's assurance to davaloping nations, BACK PAGE7 words
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Advertisement306 1988-10-15 1 t Show and tell Page 7 N——l mm A new morality upon us? Pag* 7 Game for the hunt Page The best gets better Fag* I should have been a mean machine Pag* TV programmes for today and tomorrow Pag* 10 Smitten by a Dove Pag* 12 Please respond emotionally306 words
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HOME NEWS
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Article1016 1988-10-15 2 AT CONVENTIONAL WHARVES VNNi Arrival Otparlurt KEPPEL WHARVES Bongkok Nov** IC35 alongside 15.10/1500 Equator IN K23 alongside 15.10/0700 Gooyong KI5 alongside 1510/0600 PCoh«og IC27 alongside 1710/1800 Koto Berlion K32 alongside 15.10/2330 Roto Batna <31 alongside 2010/0600 Ned Nogosoki KI6 alongside 15.10/2300 Qinghecheng K29 alongside 17.10/1500 Silver Eagle1,016 words
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Article, Illustration155 1988-10-15 2 THE Vocational and Industrial Training Board needs to look into courses for training highly-skilled process workers for the plastics industry. VITB chairman Or Tay Eng Soon said yesterday. Or Tay briefed the press after leading a team from the board on a visit to Hoi Peng155 words
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Article85 1988-10-15 2 THE NAMES of those who did not vote in the Sep 3 general election will be removed from the registers of electors. The lists of names from 50 out of 55 contested wards are now open for inspection at certain community centres, HDB area offices, two85 words
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Article57 1988-10-15 2 Corrections clarifications IN AN article headlined "Applied Magnetics's local plant pays off" on Thursday. we were told by an official of the company that the Singapore plant contributed to 25 per cent of the group's gross profits in the last financial year. The company has since clarified that the official57 words
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Article, Illustration519 1988-10-15 2 GENEVIEVE CUA - Total volume of contracts rose by 2.5 pc this year By GENEVIEVE CUA THE construction industry will see a rise in building activity if present economic conditions a robust US economy, low interest rates and relatively buoyant stock prices hold out. Construction Industry Development519 words
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380 1988-10-15 2 A NUMBER OF construction industry leaders have called for greater professionalism, more specialisation among practitioners. and more in-depth training for students in tertiary institutions. They were speaking at the Construction Industry Development Board seminar, Construction Crossroads, yesterday. RSP Architects, Planners Engineers partner Ho Pak Toe380 words
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239 1988-10-15 2 EMPLOYEES of Public Utilities Board (PUB) can now retire at 60 instead of at 55 under a new collective agreement announced yesterday. The agreement, signed between the PUB and the Public Utilities Board Staff Union (PUBSU) representing 3,712 employees. takes effect239 words
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157 1988-10-15 2 A CLUB catering to the needs of Japanese travellers to Singapore was officially launched yesterday by Mr Joseph Chew, director of the Singapore Tourist Promotion Board (STPB). The Merlion Club, which hopes to sign up 10,000 members in its157 words
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352 1988-10-15 2 SHOEB KAGDA - By SHOEB KAGDA THE Metal Industries Workers Union's (MIWU) executive committee will meet next week to discuss the fate of Mr M Ramasamy, its branch chairman and the secretary-general of the Singapore Justice Party. Mr Ramasamy stood as a candidate for352 words
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Page 2 Advertisements
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Advertisement69 1988-10-15 2 A Great Italian Event Staged In A Perfect Setting ITALIAN DESIGN AT FIRST INTERNATIONAL DESIGN PORUM RAFFLES CITY CONVENTION CENTRE SINGAPORE, 19-23 OCTOBER 1988 DESIGN i "Tonletta" Chair designer: Enzo Mari producer: Zanottaspa ~b "Ptecoto" Minikitchen designer: Claudio Salocchi producer: Alberti Arredamenti Cucine snc For further information please contact: Kalian69 words
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OVERSEAS
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368 1988-10-15 3 AFP EMPEROR HIROHITO'S long illness has affected the Japanese economy so much that projected annual growth of the gross national product could be reduced by at least 0.25 per cent, according to economists in Tokyo. Thousands of festivals, trips, banquets, conventions and marriages haveAFP - 368 words
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278 1988-10-15 3 AFP THE ADMINISTRATION of President Ronald Reagan has presented its report card on Japan s efforts to pay its way. The verdict: "doing well, but can do better". Both Deputy Assistant Secretary of State William Clarke and Deputy Assistant Secretary of DefenceAFP - 278 words
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Article874 1988-10-15 3 ARRIVALS Operator Service Local From number time SU SQ105 1105 KUL RBA BI421 1130 BWN TMA TL361 1130 BEY/SHJ su SQ201 1145 CGK GU GA940 1150 MES THA TG403 1155 BKK SU SQ191 1155 PEN SIA SQ238 1155 MES THA TG407 1205 8KK/H0Y GiA GA900 1210 PKU874 words
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197 1988-10-15 3 UPI POLISH Prime Minister Mieczyslaw Rakowski. in his first setback, introduced a 22-member cabinet on Thursday that failed to include any opposition members. and threatened a "strong hand" backed by the army and police to maintain order in Poland. In a speech toUPI - 197 words
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204 1988-10-15 3 AFP FORMER British prime minister Edward Heath has issued a strong appeal for European unity, warning fellow Conservatives at their annual conference in Brighton that the rest of Europe was "going ahead with, or without us". Speaking of the lifting of remaining tradeAFP - 204 words
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219 1988-10-15 3 Reuter THE JAPANESE are far ahead of American manufacturers in the critical area of factory automation, an edge that seriously threatens the ability of US industries to compete internationally, according to a Harvard University study. A 1987 survey of the metalworking sectorReuter - 219 words
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Article, Illustration617 1988-10-15 3 Reuter GEORGE BUSH and Michael Dukakis may never be as nice to each other again. In their second and final presidential debate on Thursday night a lacklustre event filled more with stock speech lines than with aggressive approaches or biting barbs the Republican Vice-PresidentReuter - 617 words
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Page 3 Advertisements
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Advertisement63 1988-10-15 3 jWyg Tkl Ifl 1i The business person's choice, every I I II 111 I Tuesda y- Thursd °y- Saturday'and I 1 1 mI II I Sunday. Leaving Changi Airport at I V/ I \V JL l J_ \y_>/ 22 05 hours and arriving at Lester B. Pearson International Airport the63 words
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Advertisement8 1988-10-15 3 Lawson forecasts lower inflation naxt year, PAGE 58 words
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Advertisement167 1988-10-15 3 S ia* mMmm m m m r T i' i. -r .wt »/£A %t. it- ■Ks •> S4 ■■KS Burberrys Dealer.!: DAIMARV ISETAN-HAVELOCK. ORCHARD 111 CLASSIQUE METRO GRAND U'CKY PLAZA ROBINSONS SOGO FAR EAST REPTILE: HOI 'SE E J BENJA.UIN CHANG! .AIRPORT GRAND CLASSIC HALLEYS DEPARTMENT STORE HI IJ< PTE167 words
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Page 3 Miscellaneous
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Miscellaneous33 1988-10-15 3 V//' Montr vol Moscow Nossou New Delhi New York Nicosio Oilo Port* Perth Rio 'Joneiro Rom* San Fris'co Son Juan Sontiogo Sao Paulo Seoul Stockholm Sydney Taipei Tokyo Toronto Vancouver Vienna Warsaw Washington33 words
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Miscellaneous24 1988-10-15 3 Doonesbury im: ''Ml u'r fsmsm ■j ™r<s «Mii :«>•// i \a: '•5 Sr 13 BY GARRY TRUDEAU 4S I» UJHOIOILL TAKEOVER, sir? m. QUAYLB 724 words
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MONEY AND EXCHANGES
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Article701 1988-10-15 4 SINGAPORE: The US dollar yesterday closed mixed against most major currencies. Against the Singapore dollar, the US dollar closed easier at 2.0230/40 in hectic trading. It traded within a range of 2.0228 and 2.0246. It opened initially at 2.0245/55. The dollar rose to 1.8180/90 marks from New York's701 words
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Article, Illustration188 1988-10-15 4 Indicates the tvcrsQt of IhA .I J-, i. m in® pnmt *****1119 > llvl of 12 ma|or banks In B'pon Interbank market rates (offer/bid) on Oct 14 us$ DM SWFC Y«n 7 day* 5/1* 3/1* II 13/16 11/1* 4 13/1* 11/1* 3 S/« 1/3 4 7/1* 5/1*188 words
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Article213 1988-10-15 4 IMM currency futures finished sharply higher on Thursday after traders established long positions ahead of the close in anticipation of another steep drop in the dollar overnight. Traders reported widespread speculation that the US currency would continue to weaken against the yen when Tokyo markets have a chance to213 words
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Article161 1988-10-15 4 Gold futures on Oct 13, 1988 100 troy ounces. USS par troy ounce Opan Lam MM* Oct 408JO 408 60 ***** 406.90 -1.30 Nov ***** -1.70 Dk 4)1.10 ***** 408)0 41 0.40 -140 Fob 417.40 41&70 41X30 413.60 -140 42X00 423.00 420.00 ***** -140 km 426.00 426.00161 words
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Article208 1988-10-15 4 ASIAN DOLLAR deposit rates yesterday ended at opening levels in quiet pre-weekend trading. US$ Off€» WO 7 doyt 8 5/16 8 3/16 1 monrtt 8 3/8 8 1/4 2 tnumhi 8 3/8 8 1/4 3 8 5/8 8 1/2 6 moratn 8 5/8 8 1/2 9 moc&n208 words
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Article477 1988-10-15 4 DECEMBER Eurodollar futures opened two ticks higher on Simex yesterday from previous Chicago closing levels at 91.35 following a dollar recovery and lower oil prices. Speculation that there will be no 30-year long bond auction in November prompted short covering and buy-stops were triggered. The December contract traded within477 words
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Article58 1988-10-15 4 THE OVERNIGHT rate on the Singapore money market rose 7/8 point to close at 5% per cent yesterday. Short term rates were unchanged across the board. S$ Interbank rates at the dose yesterday: orm mo Ow3 1/1 3 l-mon* 3 3/1* 3 1/1* 1-mo** 5 1/4 5 1/t58 words
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Article100 1988-10-15 4 Treasury bills Period Issue Yesterday's dosing Day's code Maturity MO KNGH LOW 3 main 8Q*****S 15.01.89 4.43 4.38 4.42 4.41 6 niomtn BY*****Z 23.0349 4.70 4.65 4.67 4j67 1 yaor BY*****S 20.07.89 4.71 4.66 Government notes and bonds Period Issue Maturity Coupon Yesterday's dosing Day's code rate100 words
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Article1420 1988-10-15 4 CURRENCY FUTURES OPTIONS FrkJoy, Ocf 14, 1988 DEUTSC HE MARK (MMEX) N KRffc ov 66 caM* Law SaS a M0| kn 66 paw Law taa 52 53 54 ss M 1 1371 27 1 MM 27 >ac 99 cam Lav 141 27 42 1 HU| ISA 42 DacMpali Law1,420 words
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Page 4 Advertisements
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Advertisement250 1988-10-15 4 /A/ MONASH UNIVERSITY M.BA PROGRAM IN THE Graduate School of Management Monash University, one of Australia's foremost centres of learning and research is offering full fee paying positions for overseas students in its prestigious MBA program. There are two intakes each year—February and July. Now in its 20th year with250 words
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BANKING AND FINANCE
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364 1988-10-15 5 AFP INTERNATIONAL banking supervisors have called for the immediate increase in shareholders' funds agreed to in the Basle accord in July. The Fifth International Conference of Banking Supervisors in Tokyo called on international finance banks to comply with the Basle agreement by increasing shareholders' fundsAFP - 364 words
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219 1988-10-15 5 AFP BORROWING on world capital markets rose 20 per cent year-on-year during the first nine months of 1988 to a total of about US$27B billion, the Organisation for Economic Cooperation and Development (OECD) said on Thursday. Activity on the markets picked up sharply lastAFP - 219 words
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573 1988-10-15 5 NYT MAJOR American banks have reported improved earnings that analysts said indicated that the rebuilding from last year's difficult times is continuing. In the first bank earning reports for the third quarter, the Bank of New York Co, The Security Pacific Corp andNYT - 573 words
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Article137 1988-10-15 5 AP THE LUXEMBOURG government has pledged cooperation with a probe of the Bank of Credit and Commerce International for alleged drug-related money-laun-dering, but said it has not been asked to play a role in the investigation. "The investigation, which seems to have been carried out for twoAP - 137 words
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113 1988-10-15 5 AFP SIX OF JAPAN'S seven leading life insurance firms posted dou-ble-digit year-on-year rises in new life insurance contracts, measured by death benefits, in the first half of the current fiscal year between April and September, the companies have announced. According to statistics releasedAFP - 113 words
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237 1988-10-15 5 Reuter TAX-CUTTING Chancellor of the Exchequer Nigel Lawson said on Thursday that British interest rates would stay high as long as needed to cool the overheating economy but forecast a drop in the inflation rate next year. Mr Lawson, regarded by many Conservatives asReuter - 237 words
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COMMODITIES
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Article237 1988-10-15 5 SINGAPORE: Rubber prices rose further in the afternoon, extending yesterday morning's gains, on weekend short-covering following firmer Japanese rubber markets. Trading was moderate. November RSS 1 buyer was quoted at 203.00 cents a kg. TSR-20 Award prices closed higher on light buying but trading was thin. November buyer was237 words
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Article77 1988-10-15 5 (cann/kg) BS NOVEMBER 1988 DECEMBER 1988 (currant month) (forward month) RAS NOON NOON Buyeri S«ll*rs Buyer* Seller. SS> 30 195.00 197.00N 195.00 197.00N SSR 50 193.00 195.00N 193.00 195.00N MRELB Bu yen Sellers Buyers Sellers SMS CV 396.00 398.00N 398.00 300.00N SMR I 386.50 388.50* 388.50 390.50N77 words
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Article290 1988-10-15 5 RAS prices in s cmmq. fob m b*i» B NOON CLOSE Buyers S*ll*rs Buyers Sellers Inf 1 RSS Prompt 199.00 200.00N 202.00 203.00N Int 1 RSS Nov 88 200.00 201.00N 203.00 204.00N Int 1 RSS Dec 203.00 204.00N 206.00 207.00N Int 2 RSS OP 198-50 200.50N 201.50290 words
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190 1988-10-15 5 UPI OPEC Secretary-General Subroto says oil prices will continue to slide unless cartel members and nonmember producers engage in a broader dialogue to arrive at a fair price. The Indonesian official told a conference of international oilmen on Thursday that prospects for aUPI - 190 words
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Article173 1988-10-15 5 SELLERS' reserve and renewed strong overaeaa demand puahad tha tin markat up anothar 14 cants to doaa at M 519.50 a kg yaatarday. Miners again ha id back in anticipation of flrmar pricaa in view oI tha upward trand. Tha rtea alto reflected a tachnical adjustment to tha173 words
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Article269 1988-10-15 5 HONGKONG: Gold yesterday closed unchanged in quiet and directionless two-way trading. Bullion ended at U*****.50/407.00 an ounce against an initial U*****.00/50. On the local market, gold closed at HK53,812 a tael. Coins ended lower with the Krugerrand falling to HK53,170. The Maple Leaf and the Australian Nugget shed269 words
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215 1988-10-15 5 DEXTER LEE - By DEXTER LEE A SIX-MAN delegation will leave tomorrow for Japan to promote Singapore's second rubber hedging contract, the TSR-20 Award Contract. In a statement yesterday, the Rubber Association of Singapore said its chairman, Mr Ling Lee Hua, will lead the delegation215 words
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Article158 1988-10-15 5 Source: Telerate FUEL oil prices remained steady on the Singapore market in light trade. Buyer-seller indications were still lower around Thursday's closing levels of US$55-US$57 per tonne (fob Sing). In the short term, prices are expected to stay stable with the forthcoming GCC Opec meetings earlySource: Telerate - 158 words
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Article398 1988-10-15 5 MALAYSIAN crude palm oil prices closed higher on light covering and speculative buying yesterday, aided by a rise in palm oil futures and an unexpected rally in overnight Chicago soyoil futures. Oct south region rose Mss to M 51.002.50 per tonne while Nov south was up M 52.50398 words
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Article49 1988-10-15 5 SOYBEAN FUTURES rallied sharply late in pursuit of a surprisingly strong soymeal market to close with gains of 22 to nine cents per bushel on the CBT on Thursday. November settled above the US$6.OO technical resistance point at US$B.l2 per bushel, turning the chart picture positive from negative.49 words
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Article46 1988-10-15 5 WHEAT FUTURES recovered from morning lows in sympathy with the unexpected strength in the Soycomplex, but managed to end only mostly higher on the CBT on Thursday. Closings ranged from up one cent per bushel in March to down two cents in new crop September.46 words
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Article239 1988-10-15 5 Chinese Produce Exchange Sellers' noon dosing prices on Oct 14 (S$/100 kg) Coconut oil M> FOB 118.00 OW drum FOB 128.00 New drum FOB 132.00 Copra Mixed (loose) 69 sellers Pepper MuMok white FOB NIW 542.50 Sarawak whhe FOB foq NIW 532.50 Sorawak special Mack FOB NIW 312239 words
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Article299 1988-10-15 5 London Commodity Exchange Buyer/Seller closing prices on Oct 13, (£/tonne unlets specified). Previous dosing prices in parenthesis. Coffee tosh In-store London, sellers option OF London Nov 1124/1125 (1129/1130) High/Low 1129/1110 ion 1126/1127 (1129/1130) High/Low 1130/1112 Soles (3203) Cocoa Dec 758/760 (768/770) High/Low 796/770 Mar 749/750 (767/768) High/Low 793/749299 words
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PERSPECTIVE
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Article461 1988-10-15 6 TRAGEDIES can never be more cruel than when they are funny. Sexual stereotypes are built around distinctions between virile size and the weaker sex; bread-winning and the home front; the intellect and the heart. These stereotypes are mostly to women's disadvantage. Domineering women, however, illustrate461 words
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Article, Illustration1079 1988-10-15 6 LOUISE KEHOE - This week's launch of the Next Computer has been described as "the event of the decade, the Woodstock of the computer industry". LOUISE KEHOE reports on the latest brainchild of computer whiz kid Steve Jobs. Industry analysts meanwhile give rave reviews, plus a fewFT - 1,079 words
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495 1988-10-15 6 Agencies AFTER a demonstration capped by a duet featuring the Next computer and a violinist for the San Francisco Symphony, the audience gave Steve Jobs a standing ovation. Mr Jobs has brashly promised that his long awaited Next computer will revolutionise higher education. ByAgencies - 495 words
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Article, Illustration645 1988-10-15 6 Reuter AS ANTIDOTES to Japan's high-pressure, hard-drinking and insomniac urban life, companies are preparing to market medical foods. "The next consumer priority will be healthiness," a report from one major securities house said. "We believe that therapeutic foods will serve asReuter - 645 words
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Page 6 Advertisements
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Advertisement82 1988-10-15 6 Keep a date with Sevvy Ballesteros in "Play Golf the Sevvy Way every Tuesday in BT BT is not all hard core business and financial news. We take "Sports" rather seriously too. Our writers comb the sporting arena to furnish the well-informed professional with news on golf, tennis, bowling, etc.82 words
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Page 6 Miscellaneous
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Miscellaneous19 1988-10-15 6 U>HPfT ON £fIRTH This LiTTLt Piggy ueNT To rnp\RxeT TH«s little P'&G>y STpoyeD Home.... tVENING STANOAAOCO LTD IM2—IM« ftnAi—.19 words
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Executive Lifestyle
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Article271 1988-10-15 7 THE NEXT president of the US would, by Chinese reckoning, either be "it isn't so" or "present calling card overcomes secret', according to Charles Berlitz, author of about 200 books on language. The linguist notes that the names of US politicians or for that matter any271 words
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Article, Illustration959 1988-10-15 7 MONICA GWEE - With MONICA GWEE I HAVE a discomfort, doctor. It has to do with my peers, my wonderfully liberated peers. I am confused, occasionally upset and sometimes completely bewildered by their public private lives. I find it hard to be indifferent to the "new" morality959 words
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Article, Illustration1187 1988-10-15 7 WALTON MORAIS - By WALTON MORAIS LONG AFTER the models left and the lights went out, everyone was still talking about the "walking socks". At the This Is Dunhill fashion extravaganza in Tokyo recently, the socks set the tone for the US$l million computeraided splash at the New1,187 words
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Executive Lifestyle: Entertainment & Pursuits
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Article, Illustration518 1988-10-15 8 THE FOOD TEAM - FOOD By THE FOOD TEAM YOU CAN JOIN the hunt and bag a mallard duck or a couple of wood pigeons. Or perhaps deer is more your game. But whatever your choice, you won't have to fly to Scotland for your pheasant. The present game season518 words
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Article, Illustration731 1988-10-15 9 JEFFREY TSANG - MOTORING By JEFFREY TSANG LAST YEAR, Executive Lifestyle voted the Saab 9000 Turbo the best car in the two-litre executive saloon class for its unbeatable power, styling and luxury. But while all the attention was lavished on its engineering and style, there was one serious731 words
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608 1988-10-15 9 JAIME LYE - Sigh to think all I needed was a coat of Armour-All MEN By JAIME LYE "MABEL and I parted ways today." He stared moodily into his cup of Milo, stirring it listlessly. "I'm still wondering if I did the right thing." Hmmm. It's going to be one of those conversations.608 words
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Article, Illustration462 1988-10-15 9 CHARITY EAT. SHARE. CARE. It happens tonight. Heartstrings get pulled officially at 9.30pm, but expect the action to begin way before then, like just after breakfast. Spread out all over Marina Square the idea is to get fun for your money, and do your462 words
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Article567 1988-10-15 9 Mike Thumba - Bridge By Mike Thumba DURING the Inter-College Bridge Tournament held at the National University of Singapore Society (NUSS) Guild House during the last weekend, defending champions NUSS graduates were badly mauled by the NUSS Students' 'A' and B teams. Most of the NUS students who participated567 words
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Article, Illustration941 1988-10-15 10 LAWRENCE TAN - SWITCHING —j With LAWRENCE TAN WEALTH. What is it about it that can cause people to lose track of who or what they really are? What is it which, even before greed has had its day. can cause alienation between men jealousy or insincerity on one941 words
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Executive Lifestyle: Pursuits
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Article, Illustration570 1988-10-15 11 NOBEL PRIZE Agencies THE WINNER of the 1968 Nobel Prize for Literature is a habitue of bazaar coffee shops who considers his writing "probably fourth or fifth rate". Although he ranks among Egypt's most popular writers, Naguib Mahfouz's realistic, almost-Dickensian portrayals of the wretched conditions under whichAgencies - 570 words
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Article, Illustration568 1988-10-15 11 LAWRENCE TAN - MOVIES By LAWRENCE TAN SO THIS IS what normal life is like. We had almost forgotten. A bridegroom's anxieties. The goodbye-Sam best man. A family wedding. Grouchy father-in-law. House-warming, house painting. Getting a job, making it work. Dealing with the mundane. True love. She's Having My568 words
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Executive Lifestyle: Entertainment & the Arts
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Article, Illustration504 1988-10-15 12 MONICA GWEE - PERSONALITIES By MONICA GWEE THE "CONVICT from Alcatraz" who eased himself on stage with a slightly battered but sweet sounding alto sax at Club 392 the other night played Misty for me. He read my mind, that stranger in his Alcatraz baseball cap who came to504 words
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Article, Illustration570 1988-10-15 12 WALTON MORAIS - By WALTON MORAIS THE KEY to understanding Cheryl Berdell is listening to the lyrics of her songs. This black American singer from Chicago defines herself in the words of her tunes. She says it's the lyrics that make a song. And she just can't understand why570 words
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Article915 1988-10-15 12 Sakina Dhilawala - Compiled by Sakina Dhilawala CINEMA: Poltergeist 111 starring Tom Skerritt, Nancy Allen, Heather O'Rourke and Zelda Rubinstein. Showing at Cathay: 11; 1.30; 4 6.30; 9.15. Surrender— starring Michael Caine, Sally Field and Steve Guttenberg. Showing at Orchard: 11; 1.30; 4; 6.30; 9.15. And God Creeled Women starring Rebecca De915 words
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Article, Illustration525 1988-10-15 12 SANGEETA MULCHAND - EXHIBITIONS By SANGEETA MULCHAND ARTIST JEAN-PHILIPPE Jenere has 17 free-roaming lions as "pets" on his 37-hectare estate near Paris. "I have a passion for animals. I have no visitors." he growls. Privacy tops Jenere's list of priorities but he will emerge now and again when he is525 words
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Article, Illustration167 1988-10-15 12 THIS EYE-POPPING DIAMOND (left), all 407.48 carats of it, will be the largest diamond ever auctioned when offered for sale at Christie's in New York next week. Flawless, with a rich golden hue and shield-shaped, it measures over two inches long, 1.4 inches wide and 1.1 inches167 words
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Executive Lifestyle: Personal Investment
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650 1988-10-15 13 ROSIE TAN - WORLD MARKETS By ROSIE TAN THE TWIN EXCHANGE of Singapore and Malaysia, which was ranked the best performing bourse in US dollar terms during the first six months of the year, has slipped to fourth place as at the end of September. According to650 words
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Article, Illustration902 1988-10-15 13 SOH TIANG KENG - FUND MANAGEMENT In an interview with BT, fund managers Timothy Guinness (right) and James Leslie of UK's Guinness Mahon put forward a strong case for increased investment in international bonds. SOH TIANG KENG reports SOH TIANG KENG TWO LONDON fund managers have suggested that under the902 words
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Article, Illustration1136 1988-10-15 13 ROSIE TAN - BEGinnEFTB^ camEH Pf by ROSIE TAN ONE OF THE MOST frequently given pieces of advice by professionals and novices alike is: Buy low and sell high. This implies entering the market at or near the end of a bear market and1,136 words
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Article, Illustration263 1988-10-15 13 miifl [PIIIM DBS Investment Research THE FAILURE of the Straits Times Industrial Index (STI) to breach the resistance level of 1080 during the technical rally at the beginning of September reflected the sentiment prevailing in the market at that time. It was therefore noDBS Investment Research; Source: DBS Investment Research - 263 words
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328 1988-10-15 13 MAGDALENE NG - COMPETITION "7 by MAGDALENE NG WITH ABOUT one more month before the Great Investment Race ends. Paul Morgan Associates (Securities) has recaptured its place among the top three competitors. In the latest results, the third-placed local stockbroker chalked up an 11.9-per cent328 words
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Executive Lifestyle: Sports
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Article, Illustration614 1988-10-15 14 WALTON MORAIS - GOLF By WALTON MORAIS FOR YEARS, they've been calling this the friendly championships. Last year, we saw why. When Douglas Beaton fired his first hole-in-one after 46 years of golf to win a gleaming Mitsubishi Galant, charity rather than profit was on his614 words
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Article, Illustration471 1988-10-15 14 CHARLES SAVAGE - By CHARLES SAVAGE WITH FOUR of Singapore's best golfers away at the Ounhill Cup in Scotland, the professional line-up for the Business Times Advertising 12th Anniversary golf tournament has been depleted but sometimes, less is more. In this case, the 15 pros stand better chances471 words
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Article278 1988-10-15 14 TENNIS AFP WIMBLEDON CHAMPION Stefan Edberg of Sweden staved off a spirited challenge from American teenager Michael Chang to move into the quarter-finals of the US$2OO,OOO Hongkong Tennis Tournament on Thursday. The 16-year-old ChineseAmerican battled bravely before losing 6-7 (4-7), 4-6, to the topseeded Swede inAFP - 278 words
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Article622 1988-10-15 14 BONDS, LOANS WARRANTS Cofflpmy Ixpkyl Coupor I Convonton period Interest Conversion teem lot one ocdhtsfy nioluilty <%) peyetote ehere dot* CK Tang Wrti *****990 Anytime to May 31. 1990 1 warrant plus (2.25 cosh Oman Hup Wrti 1991 Anytime on or alter Mar 1987 1.6 warrants plus $1.60 cash until622 words
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Article192 1988-10-15 14 RACING AFP MASSIMO BIASION threw caution to the wind in a bold attempt to clinch the Rally Drivers' World Championship in San Remo on Thursday. Biasion needs only to finish in the top six to become the first Italian world champion but he was determinedAFP - 192 words
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Article379 1988-10-15 14 Jerome Fandor - Oh TMCk With Jerome Fandor THE CLASS 2 Div A Totalisator Board Feature Stakes tomorrow will provide the horses with a good race. To be run over the Penang 1200-m course, it features up-and coming horses knocking on the door of topclass racing. In that race379 words
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Page 7 Advertisements
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Advertisement257 1988-10-15 7 WATCH THIS SPACE BORED OUT of your mind? Tired of waiting in an endless Nne to park your car so the family can wander in the maft? The Great Balantine s Treasure Hunt in next week's Exocut/v0 LMttyto wN change the way you look at weekends. Six treasure chests have257 words
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Page 8 Advertisements
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Advertisement742 1988-10-15 8 Where to entertain. Cutlets of hare, pan-fried partridges, venison medallions, pheasants, hares Savour the special game cuisine that comes our way only once a year. The season that is well worth waiting for V This special menu is available for both lunch and dinner from October 15 to November 14.742 words
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Advertisement269 1988-10-15 8 tye I Sumptuous German Spreads for just $311 Let the Belvedere tempt you with the widest selection of German goodies in town. With Bismark Henng. Sour Dough Bread, hot Goulasch Suppe. delicious Blut und Leberwuerste in onion sauce. Bavarian Apple Strudel, Blueberry Pie and lots more! Try them from 1269 words
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Advertisement201 1988-10-15 9 tb A Sunday Brunch: A great family outing It'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 and cheeseboard All ready201 words
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Advertisement20 1988-10-15 9 m Y/Y YS m m Y/s 1 z z f V J. QUALITY GUARANTEED m site***! wmimw, THE SUPERB SCOTCH20 words
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Page 10 Miscellaneous
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Miscellaneous1647 1988-10-15 10 Tennessee Williams, Reagan, Joyce Movies A dream holiday for a group of friends at an island resort turns into a nightmare when a pack of wild dogs turn bloodthirsty. Joe Don Baker, Hope Alexander-Willis, Richard B Shull and R G Armstrong star in The Pack, a predictable but fairly wellmade1,647 words
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Miscellaneous1082 1988-10-15 10 «8.» mHz In VHF Band II 6AM World News. 6.09 The World Today. 6.30 Financial News. 6.40 Reflections. 6.45 Sports Roundup. 7.00 World News. 7.00 Commentary. 7.15 From the Weeklies. 7.30 Multitrack 3. 6.00 World News 6.06 News about Britain. 6.15 Radio Newsreel 6.30 Personal View. 6.45 Recording of the1,082 words
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Page 11 Advertisements
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Advertisement135 1988-10-15 11 ENYA EITHNE NI BHRAONAIN, now known simply as ENYA left home in County Donegal to join the family band, Clannad. After playing with them for two albums and tours, she decided to make the break and go on alone. Whilst developing this new direction, ENYA composed, scored and sang on135 words
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Advertisement0 1988-10-15 11 [_>{(:_!?<:,~{)=]~-[),==>);^){+0 words
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Page 12 Miscellaneous
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Miscellaneous759 1988-10-15 12 mimmm CRYPTIC PUZZLE ACROSS 9 Given to the editor of the moment (9) 10 The criticism of the toast is rather too much! (1. 3. 5) 12 Reassuring answer to Are you in trouble?' from the corner (4) 13 Snaps beggars! (6) 14 He's free to compete (7) 15 Hinted759 words
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Page 13 Advertisements
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Advertisement23 1988-10-15 13 BT welcomes investment ideas and viewpoints from readers. Address correspondence to: The Editor, Personal Investment, Business Times, 390 Kim Seng Road, Singapore 0923.23 words
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Advertisement12 1988-10-15 13 The art column has been held over due to pressure on space12 words
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Advertisement178 1988-10-15 13 Business INDUSTRY EDITOR Asian Business magazine. Asia's leading business monthly publication, is inviting applications for the position of Industry Editor. Responsibilities will include: Conceptualising, commissioning, writing and editing special reports on a variety of industrial and specialist subjects. Overseeing the writing, commissioning, editing and design of special marketing reports. Liaising178 words
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Page 14 Advertisements
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Advertisement42 1988-10-15 14 BIgINESSTIMES ADVERTISING pBUSiNESS^Ky/ h times M GOLF COMPETITION Sunday, October 16,1988. at Serapong Course, Sentosa Gotf Club. IMF: Ist TEE (Handicap (a) 90%) TIME 10th TEE (Handicap 90%) Participants art to be at the Registration Counter 30 minutes before their tee-off time.42 words
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COMPANIES & STOCK MARKETS
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Article, Illustration549 1988-10-15 15 SIA What a great way to buy if... U §5?®eB»» By HOCK LOCK SIEW WHICH MAJOR Far East company is clearly undervalued in relation to comparable companies in other markets; undervalued in relation to other companies in its own markets; is a recognised world leader; has above average growth prospectsBy HOCK LOCK SIEW - 549 words
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237 1988-10-15 15 UNITED OVERSEAS Bank Ltd (UOB) has set up a joint-venture company in Hongkong with a Hong-kong-based lawyer. The agreement was entered into yesterday between UOB's wholly-owned subsidiary, United Overseas Securities Ltd (UOS), and Mr Robert Wei-Han Wang. The joint-venture company, to237 words
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Article351 1988-10-15 15 UNITED MALAYAN Flour Mills Bhd: Group profit after tax and minorities of M52.47m (Msl.slm) on turnover of M562.11m (Ms4B 62m) for the year ended July 31. 1988 EPS is 41 cents (25 cents). A final dividend of 10 per cent less tax will be paid on Jan 12,351 words
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Article, Illustration540 1988-10-15 15 AMY BALAN - By AMY BALAN THE KUWAIT Investment Office has doubled its stake in public-ly-listed Singapore Land in the strongest show of confidence yet in the local property market. The much-awaited notice from Sing Land coming after two days of intense speculation confirmed press540 words
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277 1988-10-15 15 Bernama THE MALAYSIAN government did not sell its shares in Malaysia Airlines (MAS) to Permodalan Nasional Berhad (PNB) as PNB already has an 8 per cent stake in MAS, Deputy Finance Minister Loke Yuen Yow said yesterday. He said this in theBernama - 277 words
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319 1988-10-15 15 Reuter HOTEL AND PROPERTY group Faber Merlin Malaysia Bhd, faced with the threat of foreclosure, is seeking more time from creditors to turn the company around. Over 4,000 creditors are threatening to sue Faber Merlin which has failed to redeem theirReuter - 319 words
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Article, Illustration346 1988-10-15 15 HAM M: Insider Trading IHol THE SES allowed Sealion Hotels Ltd in October 1986 to publicly announce its relisting application because its listings manager was confident that the application would be successful, the district court heard yesterday. Mrs Shirley346 words
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372 1988-10-15 15 SAMTA INVESTMENT Re Ltd. a substantial shareholder of pub-licly-listed Apollo Enterprises, has raised its stake in the company by another 2.25 per cent to 20.6 per cent. A statement from Apollo yesterday said that 715,000 shares were bought on Oct 3 for a372 words
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Article968 1988-10-15 15 Current b Books OM Total lor Total lor pormom data ctooo payaMe ttta yaar loat yaar Aslotic Dov 2%m Oct 12 Oct 26 Nov 21 2% 5% Austrol Amol 15% Oct 7 Oct 21 Nov 8 25% 15% Ayar Hitom Rub I7*%(bl Oct II Oct 25 Oct 31968 words
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SES
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Article, Illustration788 1988-10-15 16 LONG SHIH ROME - by LONG SHIH ROME SHARE PRICES weakened over a broad front in thin trading yesterday. The Straits Times Industrial Index remained below the 1,000 level mark in the absence of buying support but losses were marginal. The STI Index moved788 words
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Article143 1988-10-15 16 INS AS Bertwd: 26th AGM at theChempaka Room, Hotel Equatorial, Jalan Sultan Ismail. Kuala Lumpur on Oct 17 at 11am. ROTHMANS OF PALL MALL (MALAYSIA) Berhad: 27th AGM at the Petaling Jaya Hilton Hotel. 2 Jalan Barat. ***** Petaling Jaya, Selangor Darul Ehsan on Thursday, Oct 20, at143 words
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Article306 1988-10-15 16 Managers' prices MARA-Bumiputra for Oct 15 First B'putro Second B'putra 619 563 624 568 Singapore Unit Trust Tkkd B'putra 415 420 The Commerce The Savings Fund S pore Prog fund S pore Sec Fund S pore Invest Fund S pore Equity Fund o o o o o o306 words
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Article84 1988-10-15 16 Company RIGHTS ISSUE Isetan One-for-two @(5 10 Ex-dot* Oct 7 Books close. Oct 19 per shore S N P One-for-one $1 20 Ex-dot* Oct IB Books dose: Oct 20 per shore Company BONUS ISSUE G E life Three-for-five Ex-dot*: Oct 5 Books close Oct 17 Company OTHERS N84 words
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Article295 1988-10-15 16 Company RIGHTS ISSUE C 1 Holdings 27 million loon stocks in the ratio of $3 loon stock for •»«>> five ordinary shares held 0 C Bank One for two $0 75 per shore Duto Cons One-for-one $1 10 per shore F A C B One- for-one $0 60295 words
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Article5610 1988-10-15 16 Gr Gr's 1988 Tel Last Dlv Dlv rid Nat Vol Day High Last Quote M Cap High Low Code Company Sale OT- C'ot P/E (•000) Low Buyer Seller Smll SESDAQ 187 114 t 4000 Amtek Eng 20c 125 1 10 ON 7.1 1.5 89 26 126 1255,610 words
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KLSE
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Article, Illustration2730 1988-10-15 17 MBT DESPITE a rise on Wall Street overnight, share prices on the Kuala Lumpur stock market yielded to light selling yesterday to finish mixed to easier over a broad front in listless trading. Dealers said blue chips and quality stocks bore the brunt of theMBT - 2,730 words
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REGIONAL MARKETS
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565 1988-10-15 18 Reuter JAPAN'S powerful securities houses are moving into the Gulf in force to tap the vast wealth that still flows from liquid crude and turn it into solid yen. A combination of typical Japanese willingness to endure losses in exchange forReuter - 565 words
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Article, Illustration183 1988-10-15 18 Reuter WEST GERMAN pharmaceutical and chemical group Bayer AG is planning to invest 500 million marks in its Japan operations over the next five years, managing board chairman Hermann Stronger has announced. Mr Stronger said that the move emphasised the importanceReuter - 183 words
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Article, Illustration253 1988-10-15 18 Reuter JAPANESE FINANCE Minister Kiichi Miyazawa has admitted that he was linked to a share scandal that has shaken the government, but said he was blameless because shares were bought in his name without his knowledge. "I didn't know anything about it until IReuter - 253 words
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Article, Illustration589 1988-10-15 18 Tokyo Reuter TOKYO SHARE prices closed slightly higher yesterday after fluctuating all day in dull trade with investors squaring positions ahead of the weekend, brokers said. "The demand and supply situation is worrying investors," said Hideyo Ueno, a broker at Goldman Sachs (Japan) Corp. "There are tooReuter - 589 words
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Article, Illustration1395 1988-10-15 18 Hongkong HONGKONG SHARE prices closed sharply higher yesterday on improved sentiment as investors were encouraged by gains in Wall Street despite the widened US August trade deficit, brokers said. The Hang Seng Index ended near the day's high and was 31.24 points, or 1.221,395 words
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176 1988-10-15 18 UPI KOBE STEEL Ltd, a major Japanese steelmaker, has established a wholly owned subsidiary in Malaysia to manufacture hard disk drive parts for sales to computer companies in South-east Asia, sources said. The company, based in the western Japanese port city of Kobe, saidUPI - 176 words
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Article, Illustration569 1988-10-15 18 Australia Reuter AUSTRALIAN SHARES closed stronger yesterday as investors turned their attention to industrial stocks. By the close of floor trading, the All Ordinaries Index was up 10.1 at 1.550.9. The All Industrials Index rose 19.1 to 2,557.7, the All Resources Index 3.5 to 795 7 andReuter - 569 words
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Article169 1988-10-15 18 Reuter THE SECURITIES Exchange of Thailand Index dropped 0.27 points to 442.90 yesterday on a turnover ot 3.830,938 shares worth 279.31 million baht. Reuter OCT 14 BAMT Ao Khwn Thai 416 unch Ayudhya Invaalmant 436 unch Bangkok Agro-ind 106 1 Bangkok Bank. 296 unch Bank Ol AyudhyaReuter - 169 words
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Article302 1988-10-15 18 Reuter SEOUL SHARE prices soared in heavy trading yesterday as investors welcomed government measures to fight inflation, brokers said. The composite index gained 13.49 points to finish at 699.2 on turnover of 174.4 billion won against Thursday's 156.4 billion. "Many investors were anticipating some favourable news," oneReuter - 302 words
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Article170 1988-10-15 18 Reuter NEW ZEALAND share prices ended the week slightly firmer yesterday after two days of falling prices, but brokers said turnover was still thin and the outlook uncertain. The Barclays share index rose 16.26 points to 1.986.16. It began the week at 1.966.70. Brokers said thereReuter - 170 words
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Article362 1988-10-15 18 Reuter TAIWAN SHARE prices plunged for the thirteenth consecutive trading day yesterday as sell orders continued to overwhelm the market, dealers said. The weighted index dropped 130.48 points, or 1.9 per cent, to close at 6,428.75 compared with Thursday's 6,569.23 finish. Turnover shrank to just NT$26OReuter - 362 words
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Article141 1988-10-15 18 Reuter MANILA SHARE prices held mostly steady yesterday in the lowest value turnover in a month as buyers remained on the sidelines, brokers said. "Some people are waiting cautiously for the anniversary of the Oct 19 market crash to pass." said share analyst Joseph Roxas of RReuter - 141 words
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Article128 1988-10-15 18 Reuter BOMBAY SHARE prices closed mixed yesterday on end-of-account considerations, brokers said. The exchange extended the current two-week account by a day to allow outstanding settlements from the previous account period to be completed. Brokers said stateowned financial institutions were the chief buyers in the market, whileReuter - 128 words
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WORLD MARKETS
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Article, Illustration861 1988-10-15 19 New York Reuter WALL STREET stocks closed higher on Thursday after recouping some of Wednesday s losses as investors shrugged off news of a wider US trade deficit. The gap of US$l2.2 billion for August, up from July's US$9.5-billion shortfall, was not as pronounced asReuter - 861 words
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Article, Illustration1007 1988-10-15 19 London Reuter LONDON SHARES mostly opened a few pence lower yesterday amid rumours of a sell programme taking place, after an 11-point gain on Thursday in the wake of US August trade figures. Dealers said yesterday's UK unit labour costs and retail price data would be closelyReuter - 1,007 words
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761 1988-10-15 19 Global equity issues only 20pc of pre-crash level Reuter SECURITIES HOUSES in London are concerned that a new directive being considered by the European Commission could threaten their key role in the international equity market, which until recently boasted an annual new issue volumeReuter - 761 words
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Article1660 1988-10-15 19 Reuter FRANKFURT: West German shares surged in active trading yesterday to hit the second new 1968 high in a week, spurred by the market's bullish mood and strong foreign demand. Dealers said position-squar-ing set in late in the session, taking prices just below their highs by theReuter - 1,660 words
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Page 15 Advertisements
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Advertisement453 1988-10-15 15 CURRENCY INVESTMENT j. AMI IKK AN KXI'KI SS HANK TEL: 321 3333 NOTICES IN THE MATTER OF THE COMPANIES ACT, CAP 50 AND IN THE MATTER OF ASIA EUROPE SHIPBUILDING PTE LTD (IN MEMBERS' VOLUNTARY LIQUIDATION) At an Extraordinary General Meeting of the above company held at 3 Shenton Way,453 words
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Page 15 Miscellaneous
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Miscellaneous11 1988-10-15 15 /r--/r*g c.&. 77-//*/^ £&cO by Martell /rji&r/&&£>s 4 3/6&&e. r t%A\11 words
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Page 16 Advertisements
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Advertisement13 1988-10-15 16 Bonds, loans and warrants tabls on PAGE 14 Dividend tabls on PAGE 1513 words
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Page 18 Advertisements
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Advertisement83 1988-10-15 18 Keep a date with Sevvy Ballesteros in "Play Golf the Sevvy Way" every Tuesday BT is not all hard core business and financial news. We take "Sports" rather seriously too. Our writers comb the sporting arena to furnish the well-informed professional with news on golf, horse-racing, tennis, bowling, etc. And,83 words
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Page 19 Advertisements
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Advertisement93 1988-10-15 19 TEST YOUR SKILL AND YOU CAN WIN UP TO $5000 EVERY WEEK. Beginning next Monday, October 17, The New Paper brings you Moneywords, each day of the week from Monday to Saturday. Just fill in the missing letters with the aid of clues provided and send in the set of93 words
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Article, Illustration492 1988-10-15 20 ALVIN TAY - Expert expresses confidence in Simex By ALVIN TAY, Financial Editor THE MAN who was instrumental in developing the oil futures contract on the New York Mercantile Exchange said Singapore is the best location to launch such a market in Asia. Dr Arnold E492 words
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114 1988-10-15 20 THE SINGAPORE Malay Chamber of Commerce (SMCC) will organise a half-day seminar here next week to help its Pulau Langkawi counterpart promote trade and investment. To be held on Oct 22 at the SMCC multi-purpose hall in International Plaza, the seminar will feature talks114 words
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369 1988-10-15 20 Bernama, NST THE MALAYSIAN government does not intend to take action against former Deputy Prime Minister Datuk Musa Hitam for his statement this week in Hongkong, which hurt Malaysia's image overseas. Deputy Foreign Minister Datuk Dr Abdullah Fadzil Che Wan said yesterday. Datuk MusaBernama,; NST - 369 words
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336 1988-10-15 20 Reuter US CENTRAL bank chief Alan Greenspan threw his support behind a stable dollar yesterday after the currency's sharp fall over the past week. "We seek stability in exchange rates," the Federal Reserve Board chairman told a news conference in Tokyo. The dollar hasReuter - 336 words
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380 1988-10-15 20 FOO CHOY PENG - By FOO CHOY PENG FROM NEXT month, home buyers can use their Central Provident Fund savings to pay for the full valuation of a private property The move will benefit not only new home buyers but also those CPF members who have380 words
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268 1988-10-15 20 AP CHINA will freeze, or impose ceilings on, prices of a wide range of goods in an effort to curb rising inflation. It was the first government indication that it would actually roll back price reforms, rather than merely halt them, as previouslyAP - 268 words
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297 1988-10-15 20 Reuter THE EUROPEAN Community has tried to reassure developing nations that their exports would not be harmed by the EC's internal market, which is due to start after 1992. "I can assure (them) we will not have a situation by which their accessReuter - 297 words
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208 1988-10-15 20 AFP BURMESE shipping services. disrupted by civil strife in that country, have resumed with at least six freighters scheduled to arrive in Singapore in the next three weeks, shipping agents said yesterday. The Burma Five Star Shipping Corp. the national shipping line, resumed serviceAFP - 208 words
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Article90 1988-10-15 20 Reuter PRESIDENT Reagan jokingly threatened to shoot down a civilian plane on Thursday when noise from the passing jetliner interrupted a White House ceremony. "Anyone have a Stinger?" he asked tongue-in-cheek after the roar of the plane drowned out his remarks at an outdoor event held toReuter - 90 words
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397 1988-10-15 20 Agencies PHILIPPINE President Corazon Aquino wants the US and the Soviet Union to discuss withdrawing their military forces from the Philippines and Vietnam, the Bangkok Post said in its lead story yesterday. The Post said Mrs Aquino wanted the US to follow upAgencies - 397 words
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LATE FILE
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Article49 1988-10-15 20 AP SOVIET President Mikhail Gorbachev is ready to meet Chinese leader Deng Xiaoping at "any time, any place", but no date has been set for what would be the first Sino-Soviet summit in 30 years, according to Soviet Foreign Ministry spokesman Gennady Gerasimov. APAP - 49 words
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Article59 1988-10-15 20 Reuter CHINA has said that it plans a sweeping review of thousands of state companies as part of a campaign against corruption. It has also barred Communist Party and government officials from managing companies, banned government departments from setting up firms with their operating fundsReuter - 59 words
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Article60 1988-10-15 20 Reuter US INFLATION at the wholesale level moderated last month as producer prices rose 0.4 per cent after a 0.6 per cent increase in August. The government said that, excluding the volatile components of food and energy, however, the producer price index rose 0.6 perReuter - 60 words
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Article77 1988-10-15 20 AFP JAPAN is set to become a major political and military power if not a super power, a top defence expert told a seminar at the Hague. Francois Heisbourg, head of the London-based International Institute for Strategic Studies, told delegates that "Japan seems set,AFP - 77 words
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Article41 1988-10-15 20 AFP PHILIPPINE Trade Secretary Jose Concepcion has accused the General Agreement on Tariffs and Trade of failing to open the markets of developed countries and hinted that the Philippines may pull out of the organisation. AFPAFP - 41 words
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Article91 1988-10-15 20 Reuter COMEX silver futures yesterday were lightly traded in the first hour with the market showing little reaction to news of a 0.4 per cent rise in US producer prices in September against an increase of 0.6 per cent in August. December silver held at Thursday night's closeReuter - 91 words
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Page 20 Advertisements
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Advertisement83 1988-10-15 20 \\v> s v> .--.well .DELIVER To Your Home Or Office \AT NO stvv-^ 0 "\0 \NP^ ®f -5J>. > cs EXTRA c rS^-^ SINGAPORE BUSINESS gives you the newest trends affecting the economy, analytical features and snappy columns on the stockmarket, trade industry, banking, property, company profiles and personalities. Don't83 words
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Advertisement258 1988-10-15 20 UK AND EUROPE AFTER 1992 THE EUROPEAN COMMUNITY WILL BE ONE SINGLE MARKET. THE POTENTIAL CUSTOMER BASE WILL HAVE RISEN TO 320 MILLION PEOPLE. WE NOT ONLY HAVE TO BE READY TO MEET THE INCREASED DEMAND BUT ALSO TO PREPARE FOR THE RADICAL CHANGES AND FULL IMPLICATION OF EEC MEASURES258 words
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