The Business Times, 19 November 1988
1988-11-19
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The Business Times
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Title Section12 1988-11-19 1 BUSINESS TIMES MCI (P) 95/12/87 Weekend Edition, November 19-20 1988 75 CENTS12 words
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Article265 1988-11-19 1 AP Dow up WALL STREET stocks were moderately higher following continuing concerted central bank intervention to support the dollar, brokers said. S G Warburg said the market was oversold. The Dow advanced six to 2059 and was steady in early trading. Gainers held a moderate lead overAP - 265 words
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141 1988-11-19 1 UPI THE FOREIGN Ministers of Indonesia and Vietnam yesterday pledged to make "active contributions" to a settlement of the conflict in Cambodia, the Vietnam News Agency said. Foreign Minister Ali Alatas of Indonesia and his Vietnamese counterpart Nguyen Co Thach met for talks in HanoiUPI - 141 words
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Article163 1988-11-19 1 THE WORLD'S major central banks yesterday stepped in for the second consecutive day to stem the slide in the value of the American dollar. The concerted intervention by the central banks of France, West Germany, Italy and Switzerland in their respective markets took place during early163 words
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Article, Illustration140 1988-11-19 1 SHARE PRICES on the Tokyo stock market reached an unprecedented high for the sixth successive session while other Asian markets managed marginal gains on improved sentiment yesterday. The Nikkei Stock Average closed at 29,180.20 yen, up 103.39 yen on a turnover of 1.2 billion shares.140 words
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Article, Illustration438 1988-11-19 1 WILLIAM CHIA - Fees expected to be at least USsl2m By WILLIAM CHIA LISTED CONSTRUCTION group Lee Kim Tah Holdings has been appointed project manager of a massive 400,000-unit housing development scheme in the Indian city of Bombay. As project manager, Lee Kim Tah, which is a major438 words
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499 1988-11-19 1 ALVIN TAY - By ALVIN TAY, Financial Editor THE GOVERNMENT has extended its five-year-old tax exemption scheme for fund manage ment to include income derived by unit trusts which are beneficially owned by non-resident investors. Also, non-residents, who maintain permanent establishments or are499 words
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378 1988-11-19 1 UPI, AFP CHINA wants to re-establish diplomatic relations with Indonesia for the good of the region, Australian Prime Minister Bob Hawke said yesterday, pledging that he would try to help bring this about. "As we have reasonable relations with Indonesia, itUPI,; AFP - 378 words
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Page 1 Advertisements
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Advertisement231 1988-11-19 1 Nikon Ths World's Finest Photographic System. Full report, PAGE 16 Rog mkts, PAGE 18 World mkts, PAGE 19 BT on Saturday: 6 Some universal truths Auaaie-S'pore lias 6 All set for growth Toxic waata diapoaal 6 Experts hope for treaty Elactro Magnetic 2 Indian ventures worth more than USSIOm MRT231 words
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Advertisement11 1988-11-19 1 Australia and China pava way for widar trada tlas, PAGE 311 words
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Advertisement204 1988-11-19 1 Niko Ths World's Finest Photographic System. i 'NIEs to catch up with Japan In 20 yaart', BACK PAGE ■4 Closed 'M&mi 44mm 45mm 46mm 47mm 48mm 49mm 50mm 51mm 52mm 53mm 54mm Optional 1.4 X tele converter and sturdy one-hand grip strap. Continuous power zoom from wide angle to telephoto!204 words
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HOME NEWS
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272 1988-11-19 2 WILLIAM CHIA - By WILLIAM CHIA ELECTRO MAGNETIC Singapore, listed on the main board in May this year, has reported five video cassette projects in India worth more than US$lO million. EMS director Kuar Hock Cheing said two ot the projects were already in progress272 words
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Article64 1988-11-19 2 SINGAPORE AIRLINES and the Indian government will start a US$l.2 million programme to encourage more people to visit India. The "Sell India" programme will begin in January and last for two years. Its cost is to be shared equally between the two parties. SIA64 words
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199 1988-11-19 2 THE Government will implement a $36 million computerised land and building information system to keep the private and public sector informed of the developments and planning of projects. Speaking at the Singapore Institute of Surveyors and Valuers annual dinner and dance, Dr Lee199 words
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Article, Illustration247 1988-11-19 2 SINGAPORE'S furniture exports this year are expected to rise by about 21.5 per cent to $250 million, according to the President of the Singapore Furniture Manufacturers' Association, Mr Paul Keng. He made this point at the opening on Thursday of Singapore's247 words
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181 1988-11-19 2 TWO OIL companies Shell and Singapore Petroleum Company (SPC) have raised their posted prices for petroleum products. Postings for Shell's motor gasolines, grade 97 octane (0.15 grams of lead per litre) and 92 octane (0.15 GPB/L) went up by US 3181 words
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402 1988-11-19 2 AFP THE Court of Appeal yesterday dismissed two applications by the Far Eastern Economic Review (FEER) bearing on a libel suit brought against the magazine by Prime Minister Lee Kuan Yew. The Hongkong-based news weekly applied yesterday to the Court of Appeal to overturn a HighAFP - 402 words
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Article168 1988-11-19 2 TRADE between Singapore and China between January and October amounted to $4.7 billion, an increase of 26.7 per cent over the corresponding period last year. Singapore's re-exports to China during the period totalled $830 million, a growth of 125 per cent over the previous year. Mr168 words
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176 1988-11-19 2 AFP SINGAPORE AIRLINES is concerned at the slow progress of a planned computer reservations linkup of Asian airlines known as Abacus. "Abacus is not moving as fast as I would like,'' SIA deputy chairman Lim Chin Beng told visiting journalists yesterday. SIA, ThaiAFP - 176 words
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Article70 1988-11-19 2 THE East Coast Lagoon food centre will be cloeed for the next six months for major renovation works. The $850,000 job will include the replacement of the concrete floor with tiles, the retiling of the walls and the replacement of the table and stool tops Also,70 words
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Article, Illustration166 1988-11-19 2 A MAJOR SPORTING goods trade fair, ISPO Asia '89. will be held at the World Trade Centre from April 2 to 5 next year to enable international sports goods manufacturers to show their products to trade buyers in Asia-Pacific. The European continent has the166 words
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232 1988-11-19 2 ASIA TELECOM 89. to be held in Singapore from Feb 20 to 25 next year, "will be the premier international telecommunication exhibition and forum event of the year," according to the Telecommunication Authority of Singapore. More than 100 exhibitors and some232 words
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467 1988-11-19 2 TONG SUIT CHEE - By TONG SUIT CHEE A YEAR after the Mass Rapid Transit system started operating in November last year, it is directly creating spin-off businesses worth at least $2 million a month. The various businesses involve cleaning MRT stations and train interiors, refuse467 words
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Article1296 1988-11-19 2 AT CONVENTIONAL WHARVES VMM KEPPEL WHARVES Arrival 1911/0600 Adityo Voibfc K30 alongside Arfctis Trod IC19 alongside 2011/1200 Boogobillo 009 alongside 1911/1200 Cotttous <28 alongside 1911/1100 Kim Soon li <23 alongside 19.11*1700 <Ortenoer K36 alongside 2011*1730 Koto Akbor K3I alongside 23 11/0600 Koto Berom K36 alongside 2311/0600 Krotico1,296 words
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Page 2 Advertisements
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Advertisement24 1988-11-19 2 iflT Welcome home jatan Sultan Umail 502 V Kuala Lumpur. Malay-ia Trl- Oi-*****77. 01-2M2022 I J*- EQLATI*IAL T«V« kQATI* MA IC2M Ttlrfa. No 2617»2C24 words
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Advertisement52 1988-11-19 2 GLOBAL CITY GLOBAL BUSINESS What do you think? Take up the challenge and win top prizes. Send your entry in not more than 1,500 words to: BT/DHL Businessman of the Year Working Committee do DHL International (Singapore) Pte Ltd 232 Tanjong Rhu Road, #03-00 Aurum House, Singapore 1543 by November52 words
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OVERSEAS
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248 1988-11-19 3 AP AUSTRALIA and China have opened the way for expanded trade links by signing an agreement to stop double taxation. The agreement was signed by Chineee Foreign Minister Oian Qichen and Federal Treaaurer Paul Keating in Canberra on Thursday. Mr OianAP - 248 words
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Article873 1988-11-19 3 ARRIVALS Operator Sarvto* number Local tlm* From gu su IU su cu su su THA AJC THA OU MAS su su su su su THA HA GU SU OLH SU SVA THA QFA CPX TMA KLM MAS MAS PAS ALK MAS SU CAA SU SU JAP AN873 words
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347 1988-11-19 3 Reuter OPEC MINISTERS faced an uphill taak yesterday to break a deadlock between Iran and Iraq which has split the cartel and beaten down world oil prices. Traders worldwide drove prices down sharply as a first roundReuter - 347 words
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201 1988-11-19 3 FT THE FRENCH electronics industry has called for a sharp tightening in local European content for Japanese consumer electronic manufacturing plants set up in Europe as well as the introduction of a 'Buy European Act" for government and other public sector contracts to supportFT - 201 words
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100 1988-11-19 3 UPI FOREIGN INVESTMENT in the US poses a larger threat to the stability of the American economy than the federal deficit. A Conference Board report by its counsellor Albert Sommers said on Thursday that foreigners pumped US$l4O billion into the US each year. HeUPI - 100 words
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Article, Illustration296 1988-11-19 3 NYT US PRESIDENT-ELECT George Bush has announced his choice of Governor John Sununu of New Hampshire as White House Chief of Staff, despite criticism from Jewish groups and opposition from some senior aides. Mr Bush chose this course even though it will evidentlyNYT - 296 words
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Article, Illustration490 1988-11-19 3 UPI PRESIDENT REAGAN has announced that his upcoming international trade talks in Montreal will soften the demand for deadlines if others agree to end "trade-distorting subsidies" and other market barriers. "It's just this simple," Mr Reagan said on Thursday. "America and the worldUPI - 490 words
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283 1988-11-19 3 Reuter TIGHT CONTROL of spending and trimming of budget growth can result in a balanced US budget by 1993, "give or take a year". President-elect George Bush's economic adviser said. "Taxes grow year after year and revenue has been growing fasterReuter - 283 words
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Page 3 Advertisements
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Advertisement60 1988-11-19 3 Tf I l/ The business person's choice ever/ i' I J II 111 1 Tuesdoy. Thursday. Saturday'ond I I ■I'V I VI II 1 Sunday. Leaving Changi Airport at I VJ|\V /1 J_ V_ |J 22:05 hours ond arriving at Lester B. Ptearson International Airport the following day Call your60 words
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Page 3 Miscellaneous
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Miscellaneous234 1988-11-19 3 City Max/ Note Mm (•C) Adelaide 27/08 Cloudy Amsterdam 05/03 Cloudy Athens 10/05 Cloudy Bahrain 25/16 Cloor ftongkok 31/21 Gear ftarbodo> 29/23 Cloudy Ming 13/-1 Cloor Beirut 18/12 Rain Beigrode 05/00 Cloor Rerfin 10/03 Cloor Bermuda 26/22 Clear torn 07/00 Rain Brisbane 32/13 Fine Brussels 15/04 Cloor Budapest 08/01 Cloudy234 words
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Miscellaneous79 1988-11-19 3 Doonesbury HBRE-'S MY CONCEPT, Z. IN TfOHTCLOSB-UP, WE see various alumni J TALKJNG ABOUT THEIR BXPERJSNCES AT l/UALDEN... IV ASK A BROAD RANGE OF GRADUATES-FOOTBALL PLAYERS, ARTISTS, SCIENTISTS, CONSERVATIVES, RADICALS, MEN X ANPUX3MEN/ Ly i i BY GARRY TRUDEAU TP LIKE YOU TO DO ONE, TOO,Z! YOU'VE GOT A LOT79 words
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MONEY AND EXCHANGES
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294 1988-11-19 4 Reuter ARCHRIVALS Chicago Board of Trade (CBOT) and Chicago Mercantile Exchange (CME) will take sharply varying approaches on trading Japanese stock index futures, officials from both exchanges have said. Both are expected to win approval to trade Japanese index contracts whenReuter - 294 words
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Article1466 1988-11-19 4 CURRENCY FUTURES OPTIONS Friday, Nov 18, 1988 DEUTSCHE MARK (SMI EX). Dac 88 call* Htofl LM Sa« Dac 88 puts HMi 1 M, Sad 32 CAS S3 CAS 54 370A 365 2 55 272A 267 28 1 2 56 I79A 175 88 11 57 I03A -99 308 33 561,466 words
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Article214 1988-11-19 4 ASIAN DOLLAR deposit rates closed around its slightly lower opening levels after a quiet day's trading yesterday. Rates weakened slightly at the outset due to a slight fall in the US Fed funds rate in late New York trade and the Federal Reserve's offered US$l.5 billion of214 words
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Article442 1988-11-19 4 Reuter EURODOLLAR futures closed higher on short-cov-ering and weekend booksquaring in active trade on Simex yesterday. Underlying sentiment remained cautious due to concerns over possible prime rate hikes by major US banks amid expectations the Federal reserve will tighten monetary policy. December Eurodollar ended at 90.84 above Chicago's 90.81Reuter - 442 words
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Article204 1988-11-19 4 IMM currency futures settled mixed on Thursday, paring the bulk of the declines registered earlier when the G-10 nations attempted to boost the dollar through concerted intervention. At the end of the IMM session, the dollar/yen rate had drifted back down to the same level it closed at on204 words
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Article187 1988-11-19 4 Gold futures on Nov 17,1988 100 troy ounces USS per troy oun ce Open mgh Law Son* Nov 424.00 424.00 424.00 420.10 -4.40 Dk 423.00 425.70 420.90 421.10 4.50 Jon 89 423.70 4.50 Fab 429 60 430 50 423.80 426.00 4 50 435.00 435 90 431.20 431.30187 words
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Article1054 1988-11-19 4 OCBC, Reuter SINGAPORE: The US dollar yesterday ended higher against other major currencies on short-covering spurred by Thursday's concerted central bank dollar-buying support and yesterday's repeated Bank of Japan intervention. Against the Singapore dollar, the US dollar closed firmer at 1.9490/00. It traded within a range of 1.9450OCBC,; Reuter - 1,054 words
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Article65 1988-11-19 4 THE OVERNIGHT rate on the Singapore money market rose one point to close higher at 5 per cent yesterday. One-month rose 1/8, two-months rose 1/16 point, while three-months rose 1/8 point. S$ Interbank rates at the close yesterday: OffH MO O* flight 3 4 7/8 t-Mrtfc 4 11/1*65 words
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Article233 1988-11-19 4 Interbank rates at 3pm yesterday: MO Ofm mmmprnm Local dollars to on* unit of 4 orotgn c urrancy: US dollar 1.9490 1.9500 2.8196 -30.88 SifdnQ pouoc 1 3.5481 3.5519 7.3469 -51.71 ci<k»i doK tor 1.6663 1.6692 3.4286 -51.40 NZ doltor 1.2571 1.2597 3.4286 -63.33 r nf n fii233 words
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Article102 1988-11-19 4 Treasury bills Period Issue Yesterday's closing Day's code Maturity WO OFFER HIGH LOW 3 months BQ*****F 16.02.89 3.70 3.65 3.80 3.40 6 months BY*****Z 23.03.89 3.75 3.70 3.74 3.74 1 yeor BY*****S 20.07.89 4.25 4.20 Government notes and bonds Period Issue Maturity Coupon Yesterday's closing Day's code102 words
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Article, Illustration181 1988-11-19 4 Indicate* the average o( th« prim* lending rata* of 12 ma (or banks in S'pora Interbank market rates (offer/bid) on Nov 18 US) DM SWFC 7 dmyt if 1/3 11 7/i 3/4 4 3/4 —if 1 4 3/4 4 3/16 1/U I 3/4 if 11 7 f181 words
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Page 4 Advertisements
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Advertisement46 1988-11-19 4 GLOBAL CITY GLOBAL BUSINESS Your views could win excellent prizes. Send your entry in not more than 1,500 words to: BT/DHL Businessman of the Year Working Committee do DHL International (Singapore) Pte Ltd 232 Tanjong Rhu Road, #03-00 Aurum House, Singapore 1543 by November 30. 198846 words
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BANKING AND FINANCE
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Article, Illustration360 1988-11-19 5 SOH TIANG KENG - By SOH TIANG KENG, Financial Correspondent THE ASEAN Finance Corporation (AFC), launched in 1981 to provide loans and capital to Asean ventures and development projects. has got the nod from the Monetary Authority of Singapore to do merchant banking. AFC president Mr Benedict360 words
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Article145 1988-11-19 5 ASIAN OCEANIC Holdings, the holding company of Hongkongbased financial services group, Asian Oceanic Group, yesterday signed a US$3O million note issuance facility (NIF). The partially underwritten NIF was lead-managed by French bank. CIC-Union Europeenne International et Cie. It is available for three years, but there145 words
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Article158 1988-11-19 5 Reuter BANQUE INDOSUEZ. the banking arm of Compagnie Financiere de Suez, said it had joined a French joint venture specialising in leasing ATR-72 airliners. The bank will take about 35 per cent of the new venture's capital, alongside state-owned aerospace group Aerospatiale with about 10 perReuter - 158 words
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198 1988-11-19 5 Reuter JAPANESE FINANCE MINISTER Kiichi Miyazawa said major nations. including Group of Seven members, conducted a fairly big amount of concerted intervention on Thursday, and will continue to deal firmly with the market's disruptive movements. He told a press conference that heReuter - 198 words
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326 1988-11-19 5 NYT AMERICAN TREASURY Secretary Nicholas Brady and leaders of the major industrial democracies laid plans to enforce their stable US dollar policy at s secret meeting on Monday in Paris, a Treasury official and officials of two other countries who declined to be namedNYT - 326 words
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Article216 1988-11-19 5 Reuter MONEY MARKET rates have risen enough to warrant US banks raising prime lending rates, but economists said banks may not act until the Federal Reserve demonstrates clearly that it has tightened credit. US banks last raised prime rates on Aug 11, twoReuter - 216 words
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COMMODITIES
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Article293 1988-11-19 5 SINGAPORE: Rubber prices yesterday closed mixed with December RSS One buyer quoted at 184.50 cents a kg, unchanged from Thursday. Prices drifted lower in the afternoon on some speculative selling and long liquidation in moderate trading. Dealers said sentiment was dampened by slightly easier closings in the Japanese market.293 words
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Article280 1988-11-19 5 RAS prices m 3 c*nt*/vg, fob m t»i* NOON CLOSE Buyers S*ll*rs Buyers Sellers Int 1 RSS Prompt 185.00 186.00N 183.00 184.00N Int 1 RSS D*c 88 186.50 187.50N 184.50 1 85.SON In* 1 RSS Jon 189.00 190.00N 187.00 188.00N Int 2 RSS OP 184.00 186.00N 182.00280 words
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Article78 1988-11-19 5 (cants/kg) DECEMBER 1988 JANUARY 1988 (currant month) (forward month) RAS NOON NOON luyct Sellers Buyers Sellers SS* 20 177.50 179.50N 177.50 179.50N SSB 50 175.50 177.50N 175.50 177.50N MRELB Buyers Sellers Buyers Sellers SMR cv 289.50 291.50N 291.50 293.50N SMR L 281.50 283.SON 283.50 285.50N SMR 578 words
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Article161 1988-11-19 5 THE KLTM extended Thursday's gains to dose another four cents higher at M 519.69 a kg yesterday. Perslatsnt Europesn and local buying firmed the market slightly despite sterling's drop against the rtngglt, which widened the local premium over the price in Europe to £15 per tonne. The firmness161 words
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Article353 1988-11-19 5 HONGKONG: Gold closed barely changed yesterday from New York's levels, despite an active trading day. Bullion ended at U*****.50/420.00 an ounce against an initial U*****.40/90 and compared with New York's U*****.25/75 close. On the local market, gold fell HK$2B to end at HK53,915 a tael. Coins were generally353 words
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Article450 1988-11-19 5 MALAYSIAN CRUDE PALM OIL FUTURES closed sharply lower in sluggish trading on the KLCE yesterday on discouraging leads from overseas. Dealers attributed the poor market sentiment to reports of sharp fa is on the Soybean Complex of the Chicago Board of Trade sparked off by the bumper soy450 words
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Article294 1988-11-19 5 London Commodity Exchange toyer/Seller closing prices on Nov 17, (£/tonne unless specified). Previous closing prices in parenthesis. Coffee Bam in-store London, sellers option CIF London Nov 1072/1080 (1071/1080) High/Low 1078/1070 f Jan 1091/1093 (1087/1088) High/Low 1098/1088 Soles (2602) Cocoa Dec 837/838 (840/841) High/Low 857/837 Mar 856/857 (856/857) High/Low294 words
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218 1988-11-19 5 AP COFFEE PRODUCERS have given their backing to Brazilian proposals aimed at tightening controls over exports under any new price-stabilisation agreement. "The proposals offered positive remedies to stamping out the current dual market for coffee," said the producers' Brazilian spokesman. Lindenberg Sette on Thursday.AP - 218 words
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Article132 1988-11-19 5 SOYBEAN futures recovered briefly from a mid-morning collapse on the ChicaQO Board of Trade on Thursday, but slumped again at the close on renewed speculative selling. Prices ended off 24-3/4 to 17-3/4 cents a bushel. The actively-traded January contract setted 24 cents lower at U557.34, near a seven-month low132 words
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Article112 1988-11-19 5 WHEAT FUTURES, which turned mixed at mid-day on commercial buying, fell again late on professional and local house selling pressure on the Chicago Board of Trade on Thursday Prices closed 1-1/2 to 6-1/2 cents lower a bushel with spot December off 11/2 cents at US$4.O9-1/4. well above the session112 words
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Article151 1988-11-19 5 FUEL oil prices were steady to slightly softer in thin over-night trade yesterday. Talk for December CST-180 is now between US$62-65 per tonne (fob/cif Sing) while prompt CST-180 contin- ues to command a hefty premium. December prices are expected to dip lower in line with the151 words
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Article237 1988-11-19 5 Chinese Produce Exchange Sellers' noon dosing prices on Nov 17 (SS/100 kg) Coconut oil Bulk FOB 114.00 Old drum FOB 124.00 New drum FOB 128.00 Copra Mixed (loose) 67 sellers Pepper Muntok white FOB NLW 730.00 Sarawak white FOB foq NIW 720.00 Sarawak special black FOB NIW 475.00237 words
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PERSPECTIVE
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Article514 1988-11-19 6 PORNTIP Nakhirunkanok of Thailand is an extraordinary person. "I am not Miss Universe. She is me," she cryptically told an interviewer some time ago. Those words could mean many things, but there is one possible meaning which towers above all others: identity. By saying that she is514 words
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Article, Illustration718 1988-11-19 6 FLORENCE CHONG - Australia's Minister for Foreign Affairs and Trade, Senator Gareth Evans, speaks to FLORENCE CHONG on the comfortable relationship his country has with Singapore. FLORENCE CHONG AUSTRALIA is comfortable with its relationship with Singapore, its point of contact with the Asean countries. That was the strong718 words
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Article, Illustration374 1988-11-19 6 Reuter AN INTERNATIONAL TREATY to control the disposal of toxic waste and prevent its illegal dumping in Third World countries may be signed next March despite continuing obstacles. Speaking after a 10-day meeting organised by the United Nations Environment Programme (UNEP) in Geneva onReuter; Punch - 374 words
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614 1988-11-19 6 DR,MRS LEE PING WEN - Letters to the Editor DR,MRS LEE PING WEN Door Sir We, the parents of five-year-old child violinist Lee Huei Min, wish to be given the opportunity to respond to Shaun Koh's comments on the La Salle Baroque Players Concert in BT (Nov 14). Poor614 words
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Article363 1988-11-19 6 ELIZABETH WONG - ELIZABETH WONG Deer Sir, As a music teacher of 20 years and a concert goer who attended "Simple Baroque" on Oct 30, i was amazed at Mr Koh's comments of young five-year-old violinist Lee Huei Min. Despite the disadvantage of playing on a quarter-sized violin in363 words
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Page 6 Advertisements
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Advertisement218 1988-11-19 6 cmm SELLING A iess A TASTE OF OUR MEDICINE V A A WE'LL DELIVER To Your Home Or Office AT NO EXTRA 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't miss218 words
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Advertisement46 1988-11-19 6 OT welcomes letter* from reader*. Your letter* must include your signature, full name, address, and home T and office telephone N numbers, if any. You may Jdd 3 pseudonym, if you wish. Address your letters to: The Editor. Business Times, 390, Kim Seng Road, Singapore 0923.46 words
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Page 6 Miscellaneous
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Executive Lifestyle
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Article334 1988-11-19 7 ONCE AGAIN, the government has released some promising figures on Singapore's economy 11.8 per cent growth for the third quarter. And once again, the number carries an auspicious meaning. The last time good and auspicious results were announced was on National Day eve 8.8.88. That was334 words
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Article, Illustration1287 1988-11-19 7 MONICA GWEE - FASHION By MONICA GWEE HIGH ON THE LIST of the world's most stress-inducing jobs must be "executors" in the high fashion business, those who. behind the scenes, shape from paper and pins and sheer madness, the lush catwalk collections in time for the1,287 words
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Article, Illustration566 1988-11-19 7 JAIME LYE - With JAIME LYE I HAD a nice dinner the other night. It was wonderfully elaborate, complete with Peking duck and all the trimmings. The service was excellent and not intrusive, the food ambrosiac, the ambience cosy, and my mood suicidal. It was566 words
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Executive Lifestyle: Entertainment, the Arts & Pursuits
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Article420 1988-11-19 8 SANGEETA MULCHAND - By SANGEETA MULCHAND QUIET seduction underlined Emanuel Ungaro's Spring/Summer 1989 collection aired in Jakarta, fresh from its Paris showing. Asia had its first taste of Ungaro's Spring delights at a gala fashion event at the Borobudur Inter-Continental in the Indonesian capital last week. Tickets to the420 words
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Executive Lifestyle: Entertainment & Pursuits
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404 1988-11-19 9 TRENDS UPI YES, VIRGINIA, there is a Santa Claus. In fact, there are a lot of them. Ken Galey. who recently bemoaned the apparent lack of people interested in being a "Rent-a-Santa", said his non-profit programme had been flooded with applications since newsUPI - 404 words
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445 1988-11-19 9 MONICA GWEE - Where is that chest, lah Any more clues? TREASURE HUNT By MONICA GWEE THE FIRST CALL was from a man who said: "Hello? I didn't find a chest, but I found something else. You didn't say anything about consolation prizes. Are there any?" Well, we said. no. But what did445 words
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Article, Illustration341 1988-11-19 9 JAMIE LYE - My Fair Lady presenting standard fare presentably DRAMA By JAMIE LYE MY FAIR LADY, the play, and hamburgers have one thing in common. Once you have the basic ingredients at hand, it's rather difficult to ruin the final product. With George Bernard Shaw's vintage play, the key ingredient was the341 words
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Article617 1988-11-19 9 N K YONG - Offline i By N K YONG IT STARTED with the simple, unpretentious Beaujolais, this penchant for drinking the young Beaujolais the same way (and at the same time) it was drunk in the bistros and restaurants of Paris. Thus was Beaujolais Nouveau born in the *****. Today,617 words
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476 1988-11-19 9 THE FOOD TEAM - FOOD By THE FOOD TEAM MENTION Oasis restaurant and you would probably gat comments along the lines of "Oh, that porridge place" or "Oh, you mean that sleazy nightclub joint at National Stadium. What do you want to go there for?" The476 words
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Article, Illustration582 1988-11-19 10 LISA LEE - DANCE By LISA LEE THEIR "SECOND SEASON" and it wasn't a letdown in spite of the fact that one dancer fell heavily in the very first item put up by the Singapore Dance Theatre (SDT). So there wasn't a spray of orchids for every female582 words
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Article, Illustration551 1988-11-19 10 Mike Thumba - Bridge i ?y Mike Thumba AT ONE OF the meetings of the leaders of the Inter-Club League, we asked each other whether we played to win? Or did we play just for enjoyment? I was a little intrigued by the following discussion and on returning551 words
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Article861 1988-11-19 10 Sakina Dhilawala CINEMA: Who Framad Roger Rabbit starring Bob Hoskins. Showing at Orchard. Die Hard starring Bruce Willis. Alan Rickman, Alexander Godunov and Bonnie Bedelia. Showing at Cathay: 10.30; 1.15; 4; 6.45; 9.30. Coming To America starring Eddie Murphy, Arsenio Hall, James Earl Jones and John Amos. Showing atSakina Dhilawala - 861 words
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835 1988-11-19 10 RICHARD SEAH - HEALTH By RICHARD SEAH IT IS NO LAUGHING matter when men cannot exercise hit, er, manhood. Yet many of ua in thia office could not contain our sniggers when we heard the lateet "good news" for impotent men, about mechanical pumps that835 words
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Article, Illustration478 1988-11-19 10 LAWRENCE TAN - CINEMA By LAWRENCE TAN BASEBALL as sexual metaphor. One has to admit, outside of America, the thought is highly original. But outside of America, who cares? The Taiwanese Little League, for one, but it's doubtful that the sport appealed to the kids for libidinous478 words
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Executive Lifestyle: Entertainment & the Arts
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Article, Illustration1026 1988-11-19 11 LINDA CHEE - COLLECTING WHh LINDA CHEE TRADITIONAL connoisseurs of Chinese porcelain have long regarded 19th century ceramics as too new to earn any real collecting value. This attitude probably stems from the generally-held view that the last 100 years of Qing porcelain production was a period1,026 words
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Article, Illustration787 1988-11-19 11 CINEMA Wire services HOW long does it take for an animated rabbit to drive a car in the real world? Three years. In the case of Roger Rabbit, it was three years of concentration by animators to get every detail precisely drawn. Three yearsWire services - 787 words
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Article, Illustration777 1988-11-19 12 LAWRENCE TAN - SWITCHING 50 A 00 80 I IL With LAWRENCE TAN AIDS everything you've never wanted to know and were afraid to ask. Or weren't afraid enough to ask. Whichever, no one could blame you really for not switching channels to Aide Mow More Questions than777 words
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Executive Lifestyle: Personal Investment
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796 1988-11-19 13 CURRENCIES WALL STREET celebrated US President-elect George Bush's victory by falling 100 points, the international money markets by briskly wiping 10 per cent off the value of the dollar. If the dollar really did need to fall another 10-20 per cent796 words
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Article, Illustration218 1988-11-19 13 William Toh - -By William Toh By William Toh, Vice President Bankers Trust Company THE DOMINANT technical pattern on the weekly US$/S$ chart since September 1985 is a falling wedge bounded by A 1 A 2 and B1 B3 There are two smaller formations within this major pattern. The first218 words
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319 1988-11-19 13 ART SALES Sotheby's A BUSY WEEK in the art market saw sales within the Impressionist, Modern and Contemporary art sectors in New York, and English furniture and Modern British art in London. The Contemporary art sales realised the highest sales' total asSotheby's - 319 words
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Article, Illustration695 1988-11-19 13 ROSIE TAN - PROPERTY By ROSIE TAN NOT TO BE OUTDONE by foreign companies swapping glitzy commercial buildings from Orchard Road to Shenton Way, rich individuals from Asian countries are also joining in the property hunt. These newcomers are attracted by the relatively high returns and695 words
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842 1988-11-19 13 LORETTA McLAUGHLAN - mm By LORETTA McLAUGHLAN WHEN Parkway Holdings warned last year that it was on the threshold of a period of vigorous expansion, it meant it. This week's announcement of a share swap in Hongkong between its subsidiary Lee Hing Development and property842 words
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Article, Illustration460 1988-11-19 13 FINANCIAL PLANNING BEon/mrs comer m THE OTHER DAY. a financial analyst found his dream apartment. Thanks to four continuous years of hard work and forced savings via the Central Provident Fund, he had enough for a downpayment and several banks460 words
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Executive Lifestyle: Sports
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202 1988-11-19 14 OLYMPICS AP A SWEDISH MEMBER of the International Olympic Committee Medical Commission has disputed statements by the head of the Seoul Olympic drug lab that some athletes tested positive but were not disqualified. The Swedish doctor, Dr Arne Ljungqvist, disputedAP - 202 words
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Article, Illustration407 1988-11-19 14 WALTON MORAIS - GOLF By WALTON MORAIS ON A rain-shortened day that turned the Keppel Club course into a watery grave for some of the favourites, experience was what separated Poh Eing Chong from younger brother Eng Wah in the BP Circuit monthly event yesterday. Eing Chong matched407 words
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446 1988-11-19 14 UPI BILL GLASSON, a winner in two of the last three tournaments he has entered, fired an 6-under 64 to grab the first-round lead of the US$6OO,OOO Isuzu Kapalua International. Glasson. 26. held a onestroke lead over Bob Gilder and John MahaffeyUPI - 446 words
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602 1988-11-19 14 JEROME FANDOR - on TMCK With JEROME FANDOR AGASAM STABLES' Drygalski scored a comeback win to take the Class 2 Div B 1600 m race in Kuala Lumpur last Sunday. He spread-eagled the field winning by seven lengths. That showing makes the Lee Seng602 words
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Article216 1988-11-19 14 TENNIS UPI PAM SHRIVER, attacking at every opportunity, upset Chris Evert 7-5, 6-4 on Thursday night to gain the semi-fi-nals of the US$l million Virginia Slims Championships in New York against defending champion Steffi Graf. Graf, suffering from the flu and playing against the adviceUPI - 216 words
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167 1988-11-19 14 ATHLETICS UPI LINFORD CHRISTIE, who earned two silver medals at the Seoul Olympics, was on Thursday named Britain's Track and Field Athlete of the Year by the Amateur Athletic Association He was awarded the GN Jackson Memorial Cup in recognition of his secondUPI - 167 words
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Page 7 Advertisements
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Advertisement152 1988-11-19 7 CONNOISSEURS F O R COLLECTORS When choosing your Dun hi 11 Elite, let The Hour Glass enhance the occasion. v m f 4k i /> v At The Hour Glass, u* cursehts as connoisseurs. And our customers as fellow collec tors. Not onh> can ue show vou the widest choice152 words
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Page 8 Advertisements
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Advertisement892 1988-11-19 8 <.{\,_}~;,]>~~=@`:|$/)}|~.&&{[~ A Family Ealing Affair Give yourself and your family a treat this Sunday and indulge in sheer eating pleasure. Our Baron's Sunday Buffet is a potpourri of impeccable local and western cuisines. For the young ones, we have specially set aside a Children's Food Corner. Baron's Sunday Buffet a892 words
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Advertisement276 1988-11-19 8 Splendide! Over 60 gorgeous French dishes to feast on. The Belvedere is alive with French flavours this November. Do it the French Way. Be sure to go through our delicious hors d'oeuvre selection. And for hot dishes, our chefs advise hot French Onion Soup to begin with. Then go on276 words
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Page 9 Advertisements
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Advertisement197 1988-11-19 9 Sunday Brunch: A great family outing It's a wonderful way to combine a late breakfast with an earty 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 cheesebdard All ready tor you197 words
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Advertisement91 1988-11-19 9 Treasure Hunt Latest... Another discovery is imminent! Treasure hunters are closing in on the remaining five treasure chests hidden at secret locations all over Singapore. Find any one of these Treasure Chests full of Ballantine's Scotch Whisky and win an Air Mauritius Kenyan Safari holiday for two. Look out for91 words
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Advertisement577 1988-11-19 9 The Great QAMIUONUMW) Treasure Hunt One of the six hidden Treasure Chests in the Great Ballantine's Treasure Hunt has been found... on Bukrt Timah Hill! But the hunt is still on! Find any one of the other five Treasure Chests full of BaMarrtJnefc Scotch Whitky and win an Air Mmiritkn577 words
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Page 10 Miscellaneous
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Miscellaneous766 1988-11-19 10 mmwim i§ n CRYPTIC PUZZLE ACROSS 9 Said aloud, being blunt (9) 10 "Charmingly and efficiently". the girl put in (8) 12 He has a beastly mother (4) 13 Hang on. you little scamp! Stop that! (6) 14 Is he planning to hire? (7) 15 Managed to be both laboured766 words
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Page 11 Advertisements
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Advertisement23 1988-11-19 11 Tf ~~L b 0 i »i t c t- ru ?Hor he son 300 Orchard Road *01-10 The Promenade Singapore 0923. Tel: 732-545723 words
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Page 12 Miscellaneous
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Miscellaneous1483 1988-11-19 12 Pirandello and the Montreaux jazz test Movies KEN WAHL stars as a young mechanic obsessed with revenge when his brother is killed in a hit-and-run accident. Transforming his pick-Up truck into an armed and dangerous vehicle, he goes on patrol to rid the highway of reckless drivers. The Gladiator also1,483 words
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Miscellaneous1018 1988-11-19 12 SATURDAY BBC 88.9 mHz In VHF Band II 6AM Newshour. 7.00 World News. 7.09 Commentary. 7.15 From the Weeklies 7.30 Multitrack 3. 8.00 Newsdesk 8.30 Personal View. 8.45 Recording of the Week. 9.00 News Summary followed by Outlook. 9.25 Financial News. 9.30 Classical Record Review. 9.45 Book Choice. 9.50 New1,018 words
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Page 13 Advertisements
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Advertisement54 1988-11-19 13 GLOBAL CITY GLOBAL BUSINESS Give us your thoughts and win a management course in USA, Switzerland or Australia Send your entry in not more than 1,500 words to: BT/DHL Businessman of the Year Working Committee c/o DHL International (Singapore) Pte Ltd 232 Tanjong Rhu Road, #03-00 Aurum House, Singapore 154354 words
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Page 14 Advertisements
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Advertisement135 1988-11-19 14 w/ m < 4:*f -.5 *i"' j s r*e* *S .'jm S*4 u > m s* ff* mjm* iv. '»-i c ypp*> rA ••l.f l W V I m m&t:x w,. ws r,..v L*r?. I®: (r J.JMBS) V. SSSiiiSS': PSPS?*'*' 4 p 7S-" 4 v V 8» -fr r >135 words
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COMPANIES & STOCK MARKETS
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Article, Illustration677 1988-11-19 15 wsm wty's^ By HOCK LOCK SIEW STOCK MARKETS normally move in tandem with each other. A current deviation to this has raised eyebrows not only because it involves the two largest stock markets in the world, but also because of the degree ofBy HOCK LOCK SIEW - 677 words
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Article154 1988-11-19 15 THE STOCK Exchange of Singapore has advised its members that in regard to the exchange rate for the deduction of retention money for dividend payments by Malaysian companies, the exchange rate to be used for the conversion of Malaysian ringgit to Singapore dollars for the week ending Nov154 words
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302 1988-11-19 15 METAL BOX Singapore Ltd's (MBSL) has increased its sale of beverage cans with the expansion in its production capacity since the beginning of its current financial year. As a result, for the six months ended Sep 30, 1988, the company turned in a302 words
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581 1988-11-19 15 MAGDALENE NG - By MAGDALENE NG CITICORP SCRIMGEOUR Vickers (S) Pte Ltd (CSV), formerly known as Vickers Da Costa Securities Pte Ltd. is scaling down its operations and as a result, may withdraw its application to tie up with local stockbroking firm Cathay Securities Pte Ltd. The581 words
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174 1988-11-19 15 SESDAQ-LISTED Singatronics Ltd kept the market guessing yesterday as to what it has up its sleeve. The company yesterday requested suspension in trading of its shares pending an "announcement" which is expected on Monday. The statement was issued on its behalf by merchant bank Morgan Qrenfell174 words
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239 1988-11-19 15 NST HUME INDUSTRIES Bhd is participating in a consortium of companies bidding for jobs worth Msl6o million relating to the Peninsula Gas Utilisation (PGU Phase Two) project. Group managing director Dr Steve K P Yoong said Hume was part of a consortiumNST - 239 words
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Article, Illustration261 1988-11-19 15 THE STOCK EXCHANGE committee has rotated one of its nominated members with the nomination of Mr HJ Warnholtz, managing director of Munich Management Pte Ltd, a reinsurance company, to replace Mr John Child, general manager of Prudential Assurance Co Ltd. The committee for261 words
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307 1988-11-19 15 NST MALAYSIAN PACIFIC Industries (MPI), a member of Hong Leong group in Malaysia, has earmarked about Ms6o million over a two or three-year period to expand its operations. Group managing director. Mr Nga Been Sing, said the money would be used in itsNST - 307 words
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Article81 1988-11-19 15 MALAYSIAN AIRLINE System Bhd: Group net profit of MsBo 86 million ($75.57 million) on turnover of M 5918.19 million ($793.2 million) for the six months to September 30. 1988 Earnings per share is 23 cents (22 cents). MAS said operating revenue from passenger and cargo improved by 1681 words
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Article633 1988-11-19 15 Currant Ea •oofca Data ToM tor T«M tor poymont date dost ■w |MT tool yoor A Enterprise* 5% IB Nov 2 Nov 17 Ok 5 7% 10% A 1 S ft 10%Cbl Jon 6 ion 20 ion 31 10% 5% AMDS i%w Nov 24 Ok 8 ion 9633 words
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SES
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Article, Illustration1096 1988-11-19 16 KEVIN GWEE - by KEVIN GWEE WITH THE FOCUS on the rally on the Tokyo stock market and the improved sentiment on the Hongkong market, investors are apparently neglecting the local market which continued to be traded lower, albeit marginally. Analysts said investors lacked confidence1,096 words
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Article46 1988-11-19 16 Company RIGHTS ISSUE Spore land On* 2% untKui*d loon stock with d«'0Ch0t>t« worronti tor •vary ordmc lhart S*id Each S3 no* inol votu* k> Hock will be ollot«d ont worron*. convertible onytMM witHi n five y«or% E* da»« No* 28 books dot* Dec 846 words
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Article290 1988-11-19 16 Compony RIGHTS ISSUE C I Holdings 27 million loan stocks in the ratio of 13 loon stock for every five ordinary .V— L IJ D C Bonk JnOftJ HW One-for-two $0.75 per shore Duto Cons One-for-one $1 10 per shore F A C B One-for-one $0 60 per290 words
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Article123 1988-11-19 16 INDUSTRIAL OXYGEN BERHAD: 19th AGM at Bouganvilla Suite 2, Ist Floor, Petaling Jaya Hilton, Petaling Jaya on Monday Nov 21 at 10.30 am. HONG LEONG INDUSTRIES BERHAD: 25th AGM in Conference Room, 14th Floor, Bangunan Hong Leong, 117, Jalan Bandar, ***** Kuala Lumpur on Tuesday Nov 22 at123 words
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Article5466 1988-11-19 16 1 High Low Tal Cod* Company LMt NOV It erOr** Mv Mv C*vr Of# YH Nat P/E Vol rooo) Day High Low JLaat QyOU giUir M Cap Smil SECTION ONE INDUSTRIAL COMMERCIAL 141 85 218 167 135 460 209 350 129 167 177 297 59% 354 5555,466 words
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KLSE
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Article, Illustration3474 1988-11-19 17 NST AN ENCOURAGING start failed to garner enough follow-through support and share prices closed mixed to steadier on the Kuala Lumpur stock market yesterday Following the weaker trend on Thursday, bargain hunting was noticed. A broker said investors were attracted by the levels pricesNST - 3,474 words
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REGIONAL MARKETS
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482 1988-11-19 18 Company expects to better earlier estimate Reuter MATSUSHITA ELECTRIC Industrial Co Ltd expects its group net profit in the year ending March 31, 1989, to rise to about 210 billion yen, up from an earlier estimate of 200 billion and against 162.83 billion a yearReuter - 482 words
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401 1988-11-19 18 Reuter FOREIGN SECURITIES firms have been quick to arbitrage between stock index futures and cash stocks since index futures trading started in Japan in September, but Japanese firms remain reluctant, futures traders said. "I don't really understand why Japanese firms hesitate to arbitrageReuter - 401 words
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205 1988-11-19 18 Reuter THE independent committee of the Board of Directors of Hotels will again advise Hongkong and Shanghai Hotels Ltd shareholders to reject rival offers by the Kadoorie family and Cathay City Investments Ltd. The board said in a statement in Hongkong it would sendReuter - 205 words
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201 1988-11-19 18 AFP HONGKONG BROKERS have welcomed a High Court ruling that trading in Hongkong's stock index futures contracts was legal and did not constitute gambling. Judge Raymond Sears handed down the ruling on Thursday in a case in which a local vegetable merchantAFP - 201 words
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Article, Illustration589 1988-11-19 18 Tokyo Reuter BULLISH SENTIMENT pushed share prices to their sixth straight record close yesterday, brokers said. "The market has been making new highs, but the number of issues making new highs has been limited." said Ross Rowbury, a broker at Sanyo Securities Co Ltd. "There is noReuter - 589 words
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Article, Illustration534 1988-11-19 18 Australia Reuter AUSTRALIAN STOCKS closed easier in thin trade yesterday as the share market fell for the seventh consecutive trsding day ending a week of large losses. One broker said stocks were expected to be a little firmer following better performances on foreign bourses, but the msinReuter - 534 words
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Article, Illustration1305 1988-11-19 18 Hongkong HONGKONG SHARE prices yesterday closed at the day's high on improved market sentiment after fluctuating within narrow range trading throughout the day, brokers said. The Hang Seng Index rose 12.37 to 2.581.16. while the broader-based Hong Kong Index added 8.37 to 1,702.94. Turnover waa1,305 words
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Article422 1988-11-19 18 Reuter CONFIDENT INVESTORS yesterday pushed almost all stock prices In Taipei higher with turnover reaching a near-record level, dealers said. The weighted index rose 189.44. or 2.7 per cent, to cioee at 7,329.33 compared with Thursday's 7.139.89 finish. Turnover Jumped to NT572.19 billion from NTSOO.7 billion. DealersReuter - 422 words
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Article165 1988-11-19 18 Reuter BOMBAY SHARE price* improved on sustained buying yesterday by state-owned investment institutions and speculators. brokers said. They said the market opened firm on news that Benazir Bhutto was hoping to form the new Pakistani government after a strong performance by her People's Party in Wednesday's elections.Reuter - 165 words
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Article92 1988-11-19 18 Reuter MANILA SHARE PRICES ended narrowly mixed yesterday after tracking uncertain Wall Street trends and monitoring drilling at the Esperanza oil well off Palawan. The mining sector remained firm on gains in copper. Manila's Composite Index eased 0.63 points to 719 54. but Makati's Index firmed 0.19Reuter - 92 words
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Article157 1988-11-19 18 Reuter THE SECURITIES Exchange of Thailand Index rose 1.09 point* yesterday to 415.15 on a turnover of 4,410,430 aharea worth 568 40 million baht. MOV IS ■ANT Ao Khwn Thai 374 unci Ayudhya mwlww» 3U und 1 Bangkok Aground. toe Bangkok Bank BankOf AyudHya Charoong Thai W"Reuter - 157 words
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Article154 1988-11-19 18 Reuter SEOUL SHARE PRICES yesterday made moderate gains helped by media reports that former president Chun Doo Hwan waa willing to make an apology and retire outaide Seoul to assuage public anger over his alleged corruption and abuse of power. The Composite Index rose 5.71 points toReuter - 154 words
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Article106 1988-11-19 18 Reuter THE NEW ZEALAND share market fell to an eightmonth low yesterday after failing to reapond to Wall Street's rise on Thursday. Prospects for next week appear dim, brokers said. "Everyone waa unconvinced of the bounce on Wall Street," one broker said. Wall Street lifted 13.87 onReuter - 106 words
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WORLD MARKETS
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Article, Illustration843 1988-11-19 19 New York Reuter BLUE CHIP stocks on Thursday staged a partial comeback from Wednesday s sharp declines, aided by a more stable dollar, brokers said. Central banks intervened on behalf of the dollar. The equity rally was limited to blue chip issues while the broadReuter - 843 words
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Article, Illustration986 1988-11-19 19 London Reuter LONDON SHARES extended the early gains in pre-official trading yesterday with the FTSE 100 opening 4.0 points higher at 1,827.6 against the background of a firmer US dollar. Dealers said, however, that business was fairly light ahead of yesterday's UK inflation, money supply and bankReuter - 986 words
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Article1680 1988-11-19 19 Reuter MILAN: The Milan bourse rose in sarly trading yesterday, buoyed by Wall Street's rally on Thursday and a firmer opening on other European markets in the wake of strong central bank support for the dollar, dealers said. The MIB index rose an initial 1.3 per cent,Reuter - 1,680 words
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364 1988-11-19 19 Reuter SWISS FOOD giant Nestle has surprised financial markets by announcing it would allow foreigners to buy its registered shares for the first time. The company, which has made several aggressive acquisitions in recent years, also took steps on Thursday to protectReuter - 364 words
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162 1988-11-19 19 Reuter SECURITIES regulators from 29 countries meeting in Melbourne agreed to promote global cooperation against market abuses and encourage integrity. "Unless we learn that, we will be outwitted by the malefactors at every turn." Australian National Companies and Securities Commission chairman Henry BoschReuter - 162 words
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179 1988-11-19 19 AFP METROPOLITAN LIFE Insurance Co has sued RJR Nabisco on grounds that the record US$2O billion debt-financed takeover planned by management of the food and tobacco giant had taken a huge bite out of the insurer s holdings in RJR. Met LifeAFP - 179 words
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Page 15 Advertisements
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Advertisement152 1988-11-19 15 Financial Newsmakers Cold Storage Holdings RL.C. (Incorporated and registered in England No. *****1 with limited liability) NOTICE OF CLOSURE OF TRANSFER BOOKS AND REGISTER OF MEMBERS NOTICE IS HEREBY GIVEN that the Transfer Books and Register of Members will be closed from 9th December 1988 for the purpose of determining152 words
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Page 15 Miscellaneous
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Miscellaneous29 1988-11-19 15 UHMBO a/or (»sc*v'r /A/c/z>y£ A*ta/ /r 3MAM:£S oor. &o>/£&/v6> e/a/'U. A/&es 77A& i £-/&//P/Ji/7 I /A@C-. -f 'N our'7> //0/V£AA/ '3d£4A£& ovr'? C/&C//Z A/£Tk/ &0/6&/ A/6 yave- MW£". 7&29 words
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Page 16 Advertisements
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Page 18 Advertisements
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Advertisement775 1988-11-19 18 IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF K.L.A. ASSOCIATES PTE LTD (Incorporated in the Republic of Singapore) (IN MEMBERS' VOLUNTARY WINDING UP) At an extraordinary General Meeting of the Members of K.L.A. ASSOCIATES PTE LTD duly convened and held at #02-30 Manhattan House,775 words
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Advertisement54 1988-11-19 18 GLOBAL CITY GLOBAL BUSINESS Give us your thoughts and win a management course in USA, Switzerland or Australia. Send your entry in not more than 1,500 words to: 9 f i J 11 i Working Committee do DHL International (Singapore) Pte Ltd 232 Taryong Rhu Road, #03-00 Aurum Houac Singapore54 words
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Page 19 Advertisements
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Advertisement477 1988-11-19 19 MOTICES NOTICE IS HEREBY GIVEN that, I MDM PAN LAI KAN of Blk 329 N0.02-1412 Yishun Ring Road S'pore 2776 have applied for a Second Class Beer House licence in respect of premises at M/s Kent Snack House at 100 Jin Sultan No. 04-01 Sultan Plaza S'pore 0719, and that477 words
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Advertisement485 1988-11-19 19 NOTICE IS HEREBY GIVEN that, I Mdm Ker Sae Moi of No 187 Boon Lay Ave #01-50 Singapore (2264), have applied for a Retail liquor Shop licence in respect of premises at M/s Tat Chye Provision Shop at 116 Commonwealth Crescent #01-137 Singapore (0314), and that this application will be485 words
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Article, Illustration505 1988-11-19 20 FLORENCE CHONG - PM Lee calls on Northern Territory officials By FLORENCE CHONG AFTER VISITING the world s largest monolith, Ayers Rock in central Australia, Prime Minister Lee Kuan Yew arrived at Darwin yesterday, the capital of the Northern Territory. The visit was seen by local government505 words
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378 1988-11-19 20 KAKADU National Park gained international recognition through Australia's biggest box-office earner, Crocodile Dundee, which stars Paul Hogan. The film was shot mostly with the national park, proclaimed a world heritage project, as backdrop. It is crocodile country. The park, covering 6,000 so378 words
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Article, Illustration365 1988-11-19 20 IN RESPONSE to the recent hike in diesel tax, taxi operators have decided to seek an increase in taxi fares. In a statement yesterday, the six taxi organisations said they had met earlier in the day and had unanimously agreed fares should be raised.365 words
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224 1988-11-19 20 CAR SELLERS said yesterday that the car population had not reached critical levels, arguing that the increases seen in recent months were due to panic buying fuelled by speculation of rises in the road tax. import duty and the additional registration fee. They224 words
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221 1988-11-19 20 AP, AFP IMPROVEMENTS IN SovietAmerican relations have not led to a significant reduction in the security threat to the Far East, said the commander of US forces in the Pacific. "We have a lot of trouble areas." Admiral Huntington Hardisty told reporters inAP,; AFP - 221 words
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345 1988-11-19 20 Bernama PENINSULAR Malaysia's trade surplus for the first nine months of this year totalled M 54,448.8 million, 14.1 per cent higher than for the corresponding period last year, the Statistics Department said in Kuala Lumpur yesterday. The Department said that total exports rose byBernama - 345 words
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Article190 1988-11-19 20 Bernama MANUFACTURERS and freight forwarders in Johor Baru yesterday renewed calls for a review of the MSIOO levy on lorries at the Johor Causeway exit point. They said that it was high time the government considered a comprehensive review of the levy, in forceBernama - 190 words
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355 1988-11-19 20 AFP PAKISTAN People's Party lesder Benazir Bhutto said in Karachi yesterday that a sufficient number of newly-elected independent MPs had joined the PPP and it was now in a position to form a government. Ms Bhutto told a press conference atAFP - 355 words
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544 1988-11-19 20 ANNA TEO - By ANNA TEO MAINTAINING their past growth, the four Asian newly-industrialis-ing economies (NIEs) will close their gap with Japan over the next 20 years, a managing director of Nomura Research Instituts predicts. At the same time, the other Asean countries and544 words
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Article95 1988-11-19 20 COMEX gold futures were narrowly changed in moderately active early dealings yesterday, with small buying on the rally in crude prices overseas countering selling against a firm dollar. Gold for delivery in December hovered at Wednesday night's close of U*****.10 an ounce after drifting between U*****.70/420.20. The key95 words
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LATE FILE
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Article63 1988-11-19 20 AFP THE CENTRAL bank yesterday urged South Korea to scrap excessive import restrictions in a bid to ease foreign pressure arieing from its growing trade surplus. The Bank of Korea said that South Korea should seek "an expanded equilibrium of trade" to end foreign pressureAFP - 63 words
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Article56 1988-11-19 20 Reuter EIGHT years of emergency rule will end in Istanbul today, a landmark in Turkey's efforts to improve its poor human rights record. Human rights activists and diplomats have welcomed the move but say that Turkey, aiming for full democracy and membership of the European Community,Reuter - 56 words
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Article52 1988-11-19 20 AP BRITAIN'S annual inflation rate roee to 6.4 per cent in October from 5.9 per cent in September, pushed up by higher mortgage ratea, the government said yesterday in London. However, the increase was in line with forecasts by Chancellor of the Exchequer Nigel Lawson and byAP - 52 words
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Article58 1988-11-19 20 Bernama MALAYSIAN Internal Security Act detainees Ksrpsl Singh and Lim Guan Eng yesterday filed separata libal suits in Kuala Lumpur High Court against the editor of Berita Minggu and its publisher, the New Straits Times Press (M) Bhd, over a report on the hunger strike byBernama - 58 words
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Article40 1988-11-19 20 AFP A visiting International Monetary Fund mission has called for a lowering of the Philippines' annual growth target from 6.5 per cent to six per cent Senate president Jovtto Salonga said in Manila yesterday AFPAFP - 40 words
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Page 20 Advertisements
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Advertisement30 1988-11-19 20 St7?licfiael the quality brand known to the world Levels I& 2 Centrepoint. Orchard Road. Singapore 0923 Tel: 734 1 800 Open from 1 0 30 am to 830 pm daily30 words
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