The Business Times, 7 January 1989

Microfilm: NL16449
Total Pages: 20
1 20 The Business Times
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  • Title Section
    Masthead
    12 1 BUSINESS TIMES MCI (P) 45/12/88 Weekend Edition, January 7-8 1989 75 CENTS
    12 words
  • Article
    FINANCIAL NEWS SUMMARY
    259 1 Dow up NEWS that US jobs in December rose by 279,000 and the unemployment rate was 5.3 per cent gave Wall Street stocks an early lift despite softness in the bond market, analysts said. Brokers said the figures were about as expected and eased concern about rising
    259 words
  • Article, Illustration
    Wall Street's 13-point gain prompts rise on regional markets
    350 1 REGIONAL stock markets had another busy day yesterday as share prices continued to rise, led by a strong overnight 13point gain on Wall Street. Buying interest in Singapore continued unabated, pushing share prices higher across a broad front for the second
    350 words
  • Article
    Lock icon US jobless rate falls to 5.3 pc
    121 1 Reuter THE US CIVILIAN unemployment rate fell to 5.3 per cent in December from 5.4 per cent in November, matching a 14-year low reached in October, the government said yesterday. In the first official glimpse of the economy's performance last month, the Labour
    Reuter  -  121 words
  • Article
    Lock icon Viet troops may leave by September if...
    180 1 AP VIETNAM will withdraw all its troops from Cambodia by September if a political settlement to the war is reached. Cambodian President Heng Samrin said yesterday. Vietnam has repeatedly pledged to withdraw all its troops earlier than its original target date of 1990
    AP  -  180 words
  • Article
    Shiprepairers to raise rates by 10 per cent
    626 1  -  INCREASE NECESSARY TO OFFSET HIGHER COSTS: ASSOCIATION By LINDA CHEE SHIPREPAIR rates in Singapore, currently the lowest in the world, will be raised by an average of 10 per cent from Jan 15. The increase is expected to raise shiprepair revenue of
    626 words
  • Article
    Ensuring a balanced racial mix in HDB estates
    772 1  -  By ANNA TEO NEW PUBLIC HOUSING policies will be introduced to ensure that Housing and Development Board estates do not turn into racial enclaves. A "disturbing" trend is emerging from the applications for new and resale HDB flats: certain HDB estates are
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  • Page 1 Advertisements
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      Page 1 Advertisements Column 1
      205 1 Nikon The World's Finest Photographic System. Hamburger war 2 Burger King vs McDonald's Fuji/GE Pte Ltd 2 Joint sales company to promote moulded case circuit breakers World economy 3 Growth of 4pc last year Meat row •••••3 US preparing second round of retaliation Nymex-CME agreement 5 Nymex to become partner
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      Page 1 Advertisements Column 2
      8 1 Full report, PAGE 8 Regional Mkts, PAGE 7
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      Page 1 Advertisements Column 3
      199 1 Niko V The Wortd't Finest Photographic System. to V r 'l^ h fi |V>.~ m Awards mi v ti i r-1:»' Cherries and pits in the corporate, banking and financial, and international arenas Page 12 The Baju Vanishes Page 13 A running calendar for 1989 Page 15 Programmes for today
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  • HOME NEWS
    • Article, Illustration
      Burger King and McDonald's shooting it out
      511 2  -  By WILLIAM CHIA THE TWO hamburger chains, McDonald's and Burger King, have started the new year with a new marketing approach which saw them taking out full-page advertisements in the print media offering price discounts. Burger King was first off the mark with
      511 words
    • Article
      Fuji Electric and GE to set up joint sales company
      376 2 TOKYO-BASED Fuji Electric Co and General Electric of the United States will jointly set up a sales company here to promote their moulded case circuit breakers (MCCB) to South-east Asia, Australia and New Zealand. Called Fuji/GE Re Ltd, the company
      376 words
    • Article
      SBS holds its own against the MRT
      481 2  -  By TAN KEE WEE DESPITE competition from the Mass Rapid Transit, the Singapore Bus Service managed to attract more passengers in 1988. But the Increase in MRT operations may mean that SBS will not be able to repeat the same result in the
      481 words
    • Article
      Francis Seow claims he has been denied seat in Parliament
      336 2 LAWYER Francis Seow protected yesterday that he has apparently been denied his non-constituency parliamentary seat. In a press statement issued through his son, Mr Ashleigh Seow, he pointed out that the Clerk of Parliament had left him out in the
      336 words
    • Article
      Chiam spells out 'opposition Initiatives'
      187 2 OPPOSITION politician Mr Chiam See Tong yesterday outlined three "opposition injtiatives" building a third university, cutting down the size of classrooms and setting up neighbourhood librsries sll over the island. Speaking at a public forum titled "Opposition Initiatives", Mr Chiam said that if the third
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  • Page 2 Advertisements
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      Page 2 Advertisements Column 1
      191 2 Ships In Port Is on Pags 6 da East West-USI Insurance Pte Ltd A member of the Sime Darby Group From Strength to Strength Having grown in strength to become one of the leading general insurance companies in Singapore today, we stand poised to meet the future with fresh vigour,
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  • Page 2 Miscellaneous
    • Miscellaneous
      Page 2 Miscellaneous Column 1
      114 2 HI ro 26/10 Nm 07/03 Oowdy 13/03 Char 17/13 Ont 34/24 Omt 29/23 d*or 00-02 Snow 14/06 Qowdy 03-05 Oowdy 07/01 Rain 22/17 dowdy 06/00 Showon 28/22 Rain 10/05 door 01-04 dowdy 34/25 Ooar 15/07 Oowdy -1/-4 Snow 21/14 Clowdy 23/16 dowdy -3-12 dowdy 04/03 Clowdy 32/26 Fino 11/02 Rain
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  • OVERSEAS
    • Article, Illustration
      Lock icon US prepares to defend itself in EC meat row
      282 3 Reuter AP WASHINGTON is preparing a second round of retaliation against the West European ban on imports of United States meat treated with hormones, the number two US trade negotiator said on Thursday. "We're always prepared," said Deputy Trade Representative Alan
      Reuter; AP  -  282 words
    • Article
      Lock icon Indian troops begin withdrawal from Sri Lanka
      167 3 AFP INDIAN troops have begun a phased withdrawal from Sri Lanka at the request of new President Ranasinghe Premadasa, an Indian High Commission official in Colombo said on Thursday. He said up to a battalion had left "in the past two or three
      AFP  -  167 words
    • Article
      DAILY AIRCRAFT MOVEMENTS
      949 3 ARRIVALS Operator Servlc* Local From number time MAU MK746 0725 MRU SU SQ23 0730 AMS/BOM SU SQ417 0810 DXB/KHI MAS MH640 0820 KUL SVA SV398 0835 JED/RUH KAl KE624 0840 KUL MAS MH651 0910 PEN MAS MH630 0920 KUL ACA AC888 0950 YYZ/LHR/BOM SIA SQ103 0950 KUL
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    • Article
      Lock icon Co-ops curbed to protect consumers, says Kremlin
      259 3 Reuter SOVIET officials, displaying highly-priced products of dubious quality, have defended curbs on the activities of cooperatives, saying the action was necessary to protect consumers. "Look at this," said Ivan Korovkin, deputy chairman of the State Committee for Publishing, Printing and the Book
      Reuter  -  259 words
    • Article, Illustration
      Lock icon Asian hijack alert exposes many on fake passports
      339 3 Reuter AN ALERT around Asian airports against possible hijackings has revealed a large number of people travelling with fake documents. Manila airport officials said these would-be illegal immigrants were bounced back and forth by countries that did not want them. "It's like
      Reuter  -  339 words
    • Article
      Lock icon US confident of progress in Gatt talks by April
      211 3 Reuter THE UNITED STATES is optimistic of a breakthrough in deadlocked world trade talks by April but will not back down on its demand for an end to farm subsidies, a top US trade negotiator said on Thursday. Deputy US Trade
      Reuter  -  211 words
    • Article
      Lock icon World economy grew by 4pc last year
      504 3 AP THE WORLD ECONOMY grew by 4 per cent ip 1988 faster than at any time since 1984 and better than pessimistic forecasts of a year ago but this benefited only four billion of the world's five billion people, the United Nations reported
      AP  -  504 words
    • Article
      Lock icon 'Japanese economy depends on US policy'
      205 3 Reuter LEADING Japanese business leaders said Japan's economy is likely to continue its fine performance in 1989 but could go through a major change depending on American economic policies under the new Bush administration. The heads of Japan's four largest economic organisations told a
      Reuter  -  205 words
  • Page 3 Advertisements
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      Page 3 Advertisements Column 1
      59 3 fI \m \l Jj§ If I V The businebb choice, every I I II \l II I uesdo Tmjrsdoy, Saturdoy'and I 1 ml II Sunday. Lea/mg Changi Airport a f _1_ xJL 1 _I_ 23:05 Hours and arriving at Lesier 3. Pearson International Airport the following day Ca 1 you-
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      Page 3 Advertisements Column 2
      22 3 L ance I t. i t 1 c* > Tit V f* LANCEL PARIS Lancel Boutique: 435 Orchard Road, #02-28/31 W isma Atria.
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  • Page 3 Miscellaneous
    • Miscellaneous
      Page 3 Miscellaneous Column 1
      49 3 ZONKBR.kJe CAN7AFWRPA MHW.ujfll MARPLYBEABiS ID AFFORD PAY CAR£! ROOM AND 80ARP. ANP MAYBE A LirnePiN MONEY. AIL I ASK' BY GARRY TRUDEAU ZONK3R., FORBIVB FOR YOUR MY SKEPTICISM, tNFO,J.J,I W WHAT EXACTLY ONCBTOOK PO YOU KNOW CARE OF A ABOUT BABIES* BABY TURTLE' JV I J" /K/Ci m m
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  • MONEY AND EXCHANGES
    • Article
      IMM
      367 4 Most IMM foreign currency futures finished with sharp losses near session lows in Chicago on Thursday after falling on expectations of higher US interest rates. Trepidation grew that yeeterday's December US employment figures will reveal still-strong economic growth and could prompt the US Federal Reserve to tighten monetary policy
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    • Article
      Money markets
      60 4 THE OVERNIGHT rate on the Singapore money market rose 5/16 point to close at 5-3/8 per cent yesterday. Term rates remained unchanged across the board. SI Int •rbank rates at th* I 1 orm ho Ormrrigta 3 3/8 1/4 5 3/1A 5 1/16 2mmrih 3 1/4 3 1/t
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    • Article
      Government securities market
      106 4 Treasury bills Period Issue Yesterday's dosing Day's code Maturity BID OFFER HIGH LOW 3 months BQ*****S A HWWllks 06.04.89 3.83 3.78 3.83 3.78 year BY*****H 23.11.89 4.24 4.19 4.23 4.21 Government notes and bonds Period Issue Maturity Coupon Yesterday's dosing Day's code rate BID OFFER HtGH LOW
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    • Article
      Precious Metals
      384 4 HONGKONG: Gold closed near the day's low and unchanged from New York levels yesterday. Bullion ended at U*****.90/406.40 an ounce against an initial U*****.30/80 and in line with New York'a U*****.90/406.40 doee. On the local market, gold ended at HKS3JII a taei. The Krugerrand ended at HK53,175. The
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    • Article
      Comex gold/silver futures
      180 4 Gold futures on Jan 5, 1989 100 troy ouncK USS par troy our IC8 OM" Htg* Lot MN Jon 89 407.90 -040 M> 410.00 ***** 409 20 ***** -0.90 Mar ***** -090 Apr 415.00 416-00 ***** 415-50 -040 Jim 419 80 421.00 419.70 ***** -040 *«<g 426.30
      180 words
    • Article, Illustration
      World interest rates
      182 4 Indicates the average of prime lenaing rarat Of 12 major banks In S'pore Interbank market rates (offer/bid) on Jan 6 7 dap 4 mm 17 «k us* 11/4 i/a 3/14 1/16 7/14 5/1* s/t i/a t 13/14 11/14 ia ia 7/i 13 l/U— 12 13/H 13 3/14
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    • Article
      Lock icon Simex
      426 4 BA Futures MARCH Eurodollar futures opened unchanged on Simex yesterday from the previous Simex close but two ticks higher than Thursday's Chicago closing at 90.43. Trading was sluggish as dealers refrained from creating new positions ahead of the US unemployment figure due later in the night. The March contract
      BA Futures  -  426 words
    • Article
      Asian dollar market
      205 4 ASIAN DOLLAR deposit rates finished at opening levels in quiet trade yesterday, with the market awaiting the release of US December employment data due at 1330 QMT. us$ OffH MO 7doy» 9 3/1* 9 1/1* 1 month 9 5/1* 9 3/1* 2 mom* 9 3/9 9 1/4
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    • Article
      Options
      1278 4 CURRENCY FUTURES OPTIONS Friday. Jon 6. I»88 DEUTSCHE MARK (84MEX) Jaa m caNa MM Jaa 88 paM 54 55 56 57 58 59 AO 20A 8 901 6 95 195 395 M* Pafe 88 art* IMP 8M Pa0 88paM Laat *ai sa 55 278 a 31 Mar 88 cMM
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  • Page 4 Advertisements
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      Page 4 Advertisements Column 1
      184 4 At Carlton's Cafe Victoria, Nasi Padang returns to Bras Basah every Sunday. Even though we're a new hotel, we have a decent respect for tradition. And one that's very close to us is the Nasi Padang H stalls that not so long ago mM lined Bras Basah Road with an
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  • BANKING AND FINANCE
    • Article
      Forex markets
      1202 5 SINGAPORE: The market was generally optimistic about last night's lis December employment report. And with traders generally long on US dollar, especially against the Swiss franc, some trimming of these long positions was inevitable. Range: D-mark 1.7985/ 1.7943, yen 126.25/125.70, sterling 1.7980/1.7920 and 551.9425/1.9395. At the close, the
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    • Article
      OCBC arranges $70m NIF for Richvein
      290 5  -  By DEXTER LEE OVERSEA-CHINESE Banking Corporation, together with 18 other financial institutions in Singapore. has put together a $70 million note issuance facility for Richvein Pte Ltd. the owner of Sheraton Towers Singapore. The package, which took about six months to complete, includes a
      290 words
    • Article
      Lock icon Nymex to join CME after-hours system
      467 5 Reuter THE NEW YORK Mercantile Exchange (Nymex) and the Chicago Mercantile Exchange (CME) have reached an in-principle agreement under which Nymex will become a partner in Globex, a unique after-hours trading system. Globex is a global automated futures and options trading system being developed
      Reuter  -  467 words
    • Article
      Lock icon Ringgit could drop to as low as M$2.75 to the US$, say dealers
      419 5 Reuter THE MALAYSIAN ringgit is likely to continue to weaken to around M 52.7200 to the US dollar in the short-term and to M 12.7500 by mid-1969 from around M 52.7060 on Thursday, currency dealers said in
      Reuter  -  419 words
  • COMMODITIES
    • Article
      Produce Prices
      156 5 110 FOB NSW 1405.00 BWP FOB NSW 1124.00 Gambler FOB NSW 180.00 FAMA Closing prion on Jan 6 Coconut Oil (MS/IOOfcg) Now drum 173.00 2nd hand drums 167.00 Bulk 158.00 Local In bulk 155.00 Copra (M$/100kg) No 1 (Mtato) 95.00 No 2 (snaHholdors) 90.00 Bangkok doting prtc*s on
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    • Article
      London markets
      166 5 London Commodity Exchange Buyer/Seller dosing prices on Jan 5, (£/tonne unless specified). Previous closing prices in parenthesis. CoffM Bash In-store London, sellers option OF London Jan 1247/48 (1223/28) High/Low 1250/15 Mar 1230/34 (1222/25) Mgh/Low 1240/10 Sales (3599) Cocoa Mar 857/858 (992/884) Mgh/Low 881/852 May 868/849 (884/885) High/Low 879/862
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    • Article
      Lock icon Crude Oil and Products
      165 5 Telerate FUEL OIL prices were mixed in scattered Singapore trade yesterday. February CST-180 was priced at around US$73 per tonne fob/cif Sing while prompt CST-180 was indicated at US$7l- per tonne fob Sing. Availability of Arab Gulf and Venezuelan CST-380 was reportedly long in Singapore where
      Telerate  -  165 words
    • Article
      Rubber
      222 5 SINGAPORE: The rubber market cloeed higher with February 1 RSS buyer quoted at 209.50 cents a kg yesterday. Dealers said prices gained four cents in the morning session on preweekend short covering and speculative buying in line with higher Japanese levels. But values eased slightly towards the close on
      222 words
    • Article
      SSR and SMR
      76 5 (canti/kg) FEBRUARY 1989 MARCH 1989 (currant month) (forward month) RAS NOON NOON lwy«n Saltan Ivyan Saltan SSfi 20 192.00 194.00 192.00 194.00 SSI 50 190.00 192.00 190.00 192.00 MRELB •uyan Ivyar* Satan SMI CV 307.00 *****N 309.00 3HOON SMI I 304JO 306JON 306J0 308JON SMI 5 269
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    • Article
      RAS and MRELB
      307 5 RAS prices In 8 cmMq, FOB In bata M NOON CLOSE Buyars Saltan fcfyort C_li_ j en en knt 1 RSS Prompt 209JO 210J0N 208.50 209JO Int 1 RSS Fab 89 210.50 211.50 209JO 210J0 Int 1 RSS Mor 211.00 212.00N 210.00 211.00 ln» 2 RSS Of
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    • Article
      KL Tin
      201 5 RENEWED strong demand from Europe and local Interests helped the Kuala Lumpur Tin Market recover to close 11 conta higher at M 519.99 a kg. One dealer said operatora were covering ahead of anticipated rtees next week. The fifth call aaw the price break M 520.01 for the
      201 words
    • Article
      Soybean & Wheat
      195 5 Soybean Wheat SOYBEANS closed lower on late professional selling after trading both sides of unchanged throughout the session on the Chicago Board of Trade on Thursday. Late selling was thought to be profit-taking from Wednesday's sharp gains. Ferguson sold about 3.0 million bushels of March at the close and Argus
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    • Article
      Palm Oil
      386 5 MALAYSIAN CRUDE PALM OIL FUTURES closed easier as a result of profit-taking and short covering on the KLCE yesterday. The market opened lower but pulled back towards the close on weekend profit taking and short covering. January lost Ms 4 to Ms92B while February shed Msl to close
      386 words
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  • WORLD MARKETS
    • Article
      Lock icon New crackdown on Wall Street corruption
      624 6 Evidence of stock fraud exposed by Oct '87 crash NYT SEVERAL UNITED STATES federal agencies htve joined in a broad investigation of stock manipulation, using evidence that came to light as a result of the market crash of October 1987. The investigation marks a
      NYT  -  624 words
    • Article
      Lock icon Sundstrand takes action against employees involved in fraud
      356 6 Reuter SUNDSTRAND CORP has taken disciplinary and administrative actions against current and past employees as a result of its inveetigations into events which led to the company's guilty plea in connection with defence contracting with the US government. Last October, Sundstrand agreed
      Reuter  -  356 words
    • Article, Illustration
      Lock icon Stocks hit post-crash high
      794 6 New York Reuter WALL STREET stocks shrugged off soft bond prices on Thursday as blue chips finished at their highest levels since the October 1987 market collapse. Traders said dollar strength and some afternoon futures-related buying lifted share prices. Trading was active. The Dow Jones Industrial
      Reuter  -  794 words
    • Article, Illustration
      Lock icon Chase pull-out hits opening
      901 6 London Reuter LONDON EQUITIES were lower at the official opening yesterday with sentiment hit by news that Chase Manhattan was pulling out of equities market making in London, dealers said. The market also declined because existing equity positions at Chase will now be unwound. However, the
      Reuter  -  901 words
    • Article
      Selected Indices
      110 6 HONGKONG Hongkong Index Fridoy 1,825 26 Thursday 1 £18.96 Week ago 1.***** Hang Seng Index Friday 2.***** Thursday 2,758.44 Week ago 2.687.44 AH Industrials Friday Z467X) Thursday £457.4 WNk ago 2.4777 NEW YORK Dow Jones Thursday Z 190.54 Wednesday 2.177 68 Wnk ago 2.182 86 TOKYO Nikkei Average
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    • Article
      Untitled
      923 6 Am JAM M ABN Aagon AI»M Akzo Akanta AMEV AMRO Am Stad BOLS Boraumy Buahrman Tan sterdai ru 44 JO «80 90 00 184.70 187.00 87.90 •1 JO 1S8 so 144.00 117 JO •roda. SO 00 n 0.1 0.1 0J -0.1 0.2 -0.6 +0 5 -2J 1 -06 0.3 Calva
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  • Article
    SHIPS IN PORT
    1282 6 AT CONVENTIONAL WHARVES Vmal Barth Arrival Departure lino 101 Moritima No 1 Pontoi Puspito SPCXII Union n a J3 J12 J2 Illll ooooo 5ooo6 0701/2300 0701/2300 08.01/2359 0701/2359 0701/2300 KEPPEL WHARVES Alt Endaovou Arfctis Trod Caty Continant 1 Frota S'pora Ffycz Modrza Jin Fang Jin fang Kris
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  • REGIONAL MARKETS
    • Article, Illustration
      Profit-taking trims gains
      1334 7 Hongkong HONGKONG share prices closed firmer yesterday after profit-taking, widely expected after this week's sharp rise, pared gains. The Hang Seng index fell back after hitting 2,773 points, above the postcrash high of 2,772.53 on July 12. Brokers said consolidation was expected following a rally. "We're having
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    • Article
      Lock icon Bangkok: Index up
      138 7 Reuter THE SECURITIES Exchange of Thailand Index rose 4.49 points to 406.03 yesterday on a turnover of 10,834,243 shares worth 1,090.08 million baht. MN M BAHT Ao Kham Thai 366 Ayudhya Invaatman Bangkok Agro-lnd L 36 106 Bangkok Bank Bank Of Ayudhya.... Charoong Thai W1r» 267 346
      Reuter  -  138 words
    • Article
      Lock icon Manila: New five-month high
      206 7 Reuter SHARE PRICES rebounded in light trading yesterday to push up the Manila Stock Exchange composite index to a new five-month high while a hostage drama heightened tension in the southern Muslim Philippines. The index rose 8.59 points to 853.70 from Thursday. The previous five-month high
      Reuter  -  206 words
    • Article
      Lock icon Bombay: Institutional buying
      146 7 Reuter BOMBAY share prices recovered to close mixed yesterday on widespread institutional buying after the market fell in mid-session, brokers said. They said rumours that the government might impose fresh levies in a pre-budget win-dow-dressing exercise unnerved the market and triggered long liquidation on a broad front.
      Reuter  -  146 words
    • Article
      Lock icon Taipei: Sharp rebound
      408 7 Reuter TAIWANESE share prices rebounded sharply after a weak opening yesterday and the index soared to a higher close, dealers said. The weighted index gained 125.32 points, or 2.5 per cent, to reach 4,998.50 compared with Thursday's 4,873.18 finish a jump of more than 300 points from
      Reuter  -  408 words
    • Article
      Lock icon Seoul: Prices edge up
      183 7 Reuter SEOUL stock prices edged up in late afternoon trading yesterday reversing sharp declines in the morning session, brokers said. The composite index was up 0.16 point at 917 85 near the close, compared with Thursday's close of 917.49. The index shed about 11 points in
      Reuter  -  183 words
    • Article
      Lock icon New Zealand: Dull market
      78 7 Reuter A DULL New Zealand market edged higher yesterday with investors and institutions still on their summer holidays. Brokers said there was no discernible sentiment although continued high turnover in Brierley shares provided some positive sentiment. Brierley closed three up at NZ$l.35. "I expect anything could
      Reuter  -  78 words
    • Article, Illustration
      Lock icon Shares finish mixed
      530 7 Tokyo Reuter TOKYO share prices retreated from an initial rally to close mixed yesterday on investor concern over the health of Emperor Hirohito, brokers said. "The market is doing a lot of soul sesrching about what will be the new theme, but due to the emperor's health,
      Reuter  -  530 words
    • Article, Illustration
      Lock icon Firmer close
      442 7 Australia Reuter INDUSTRIAL STOCKS led a strengthening of the Australian share market yesterday as trading picked up on local investor interest Brokers said Wall Street's overnight rise to 2,190.54, the highest level since the October 1987 crash, combined with optimism about interest rates and an improving US dollar
      Reuter  -  442 words
    • Article
      Lock icon Plan for Aslb pulp mill in jeopardy
      497 7 Tasmania imposes tough environmental rules Reuter A PROPOSED ASI billion Tasmanian pulp mill venture involving Australian and Canadian companiea haa been put in jeopardy by tough new environmental requirements. North Broken Hill Peko Ltd aaid. Bill Paisley, North's forestry and paper division general
      Reuter  -  497 words
    • Article
      Lock icon Mitsubishi setting up mergers department
      86 7 Reuter MITSUBISHI CORP will sat up a corporate finance department specialising in mergers and acquisitions in April, a company official has said. The department will conduct mergers and acquiaitions Intermediation, leveraged buyout finance and venture capital investment with 18 employees. The official said Mitsubishi was
      Reuter  -  86 words
    • Article
      Lock icon JAL investing 30b yen in Hawaii resort
      98 7 Reuter A JAPAN Air Lines Co Ltd (JAL) wholly-owned Hawaiian subsidiary, Pan Pacific Hoteliers Inc, is investing 30 billion yen in the 600 billion yen Ko Olina resort project on Oahu, Hawaii, a JAL spokesman said. The 860,000 sq m JAL investment comprises
      Reuter  -  98 words
    • Article
      Lock icon EUROPEAN MARKETS ROUNDUP
      466 7 Reuter ZURICH: Swiss sh»re prices yesterday cloeed little changed in moderate trading on worries about the trend toward higher interest rates, dealers said. Prices fluctuated in a narrow range for most of the session. Towards the close, shares of smaller Swiss companies firmed up, helping the Swiss
      Reuter  -  466 words
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      Page 7 Advertisements Column 1
      172 7 HER I TRADING PTE LTD (In Voluntary Liquidation) NOTICE OF FINAL MEETING NOTICE IS HEREBY GIVEN that pursuant to Section 308(1) of the Companies Act, Cap 50, a Final Meeting of the members of the abovenamed Company will be held at 101 Upper Cross Street #06-10, People's Park Centre, Singapore
      172 words
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      Page 7 Advertisements Column 2
      559 7 0 In the matter of THE COMPANIES ACT, n CHAPTER SO r and In the matter of lr WOEI MEEI LIH CHEMICAL INDUSTRIAL CO PTE LTD (IN VOLUNTARY LIQUIDATION) At an Extraordinary Gen eral Meeting of the Mem bers of WOEI MEEI LIB CHEMICAL INDUSTRIAL CO PTE LTD duly con
      559 words
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      Page 7 Advertisements Column 3
      336 7 In the matter of the Companies Act, Cap 50 NOTICE OF RESOLUTION ALUMINIUM MALAYSIA (PRIVATE) LIMITED (Incorporated in Singapore) At a Directors' meeting of the above Company duly convened and held at 23 Grange Road 20-23, Singapore 0923 on the 29th day of December 1988 at 2.30 p.m., it was
      336 words
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  • SES
    • Article, Illustration
      Share prices surge upwards in active trading
      782 8  -  By MICHELLE OH AIDED by strong gains in the overseas market, share prices surged in active trading yesterday as investors sought out values in the local stock market. With respectable turnovers reported for the third consecutive day, the traditional preLunar New Year stock
      782 words
    • Article
      Unit trusts
      314 8 Managers' prices MARA-Bumiputra for Jan 7 9 First B'putra 656 661 Singapore Unit Trust Second B'putra Third B'putra 5.91 4.41 546 4.46 The Commerce 0.90 1.04 Fourth B'putra 5.15 520 Th« Savings Fund O AS 0.90 Fifth B'putra 2.87 Z92 Spore Prog Fund 0.37 0.41 Sixth B'putra 343
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    • Article
      APPROVED ISSUES
      78 8 Company RIGHTS ISSUE General Corp lsso« of $49,304,936 nommol amount of 8% ConvertUntocurod loan ttoda ICUISI 1966/93 on tto boss of $2 nominal amount of loon ttoda for •vory fiv* GC8 star** of $1 nodi or $2 nominal amount of OAS 1906/93 for •v*ry $7 50 nominal amount
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    • Article
      PROPOSED ISSUES
      322 8 Company RIGHTS ISSUE C 1 Holdings 27 million loo 0 1 M 1 C $3 loan stock (or every five ordinary ■K/irei Causeway Inv VKJfW n##a Issue ol $7,252,937 nominol amount ol 6% loon Stock 1969/94 on the basis ol |l nominal oi oount ol loon stock with
      322 words
    • Article
      COMPANY MEETINGS
      88 8 CHIN TECK PLANTATIONS Berhed: 13th AGM at Registered Office, No. 107-1, Changkat Tambi Dollah, ***** Kuala Lumpur today at 10.00 am. KINTA KELLAS INVESTMENTS PUBLIC LTD: 61st AGM at the Pahang Room, Lower Lobby, Shangri-La Hotel, Jalan Sultan Ismail, ***** Kuala Lumpur on Thursday, Jan 12, at 9.30
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    • Article
      SES SHARE INFORMATION
      5395 8 19M/M High Low Tel Code Company Last Sale JAN 08 orVol C000) Day High Low Last Quote Buyer Seller Gr's ON Dlv C'vr Or's rid Net P IE M Cap SmJI SESDAQ 187 120 170 60% 110 130 78% 199* 144 92 136 126 122 114 70
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  • KLSE
    • Article, Illustration
      Lock icon Buyers return to KLSE
      3391 9 Bernama THE Kuala Lumpur stock market closed higher across the board yeeterday as buyers, encouraged by low prices and an improved Wall Street, returned to the trading floor Reflecting the uptrend, the New Straits Times industrial ordinary index picked up 9.61 points to finish the week
      Bernama  -  3,391 words
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  • COMPANIES & STOCK MARKETS
    • Article, Illustration
      Lock icon When business and politics don't mix
      517 10 SMX3CL* HOCK LOCK SIEW WHEN FREE-MARKET forces meet political boundaries, something has to give. This was the nub of the painful British Petroleum-Kuwait Investment Office saga which was resolved only this week. BP has made a gentlemanly offer to buy back about 12 per
      HOCK LOCK SIEW  -  517 words
    • Article
      SHK, Barings and G K Goh 'disappointed' with SES decision
      472 10  -  By MAGDALENE NG SUN HUNG KAI Securities. Baring Securities and G K Goh (Stockbrokers) have all expressed disappointment over the Stock Exchange of Singapore's decision to turn down their proposals for stockbroking tie-ups. According to the SES, of the seven
      472 words
    • Article
      Lock icon Garment maker's different stitch
      338 10 MBT GARMENT manufacturer Dragon and Phoenix (D P), which has been building up its land bank in the past few years, is finally taking its first step into property development Managing director Cheng Wai Keung told reporters after an extraordinary general meeting in Kuala Lumpur on
      MBT  -  338 words
    • Article, Illustration
      MBL unit to offer stake to PNG citizens
      592 10 MALAYAN BREWERIES Ltd is offering for sale a stake in its enlarged Papua New Guinea group to citizens of that country. This, sccording to MBL, an associate of the Fraaer A Neave group, is to comply with PNG's National Investment and Development
      592 words
    • Article
      APOLOGY
      65 10 IN THE December 22 issue of Business Times, it was stated that Mr Francis Siah might be behind a rumoured move to acquire a controlling stake in Hind Hotels Ltd. Business Times is now satisfied that any suggestion that Mr Siah, an undischarged bankrupt, was behind such a transaction
      65 words
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  • Executive Lifestyle
    • Article, Illustration
      RKEYS ...and other feathers in last year's cap RKEYS ...and other feathers in last year's cap
      1030 11  -  Before we bid farewell, finally and forever, to 1988, we salute the year and the winners of EL's annual Turkey Awards, here and on Page 12, which is on the flip side of this
      1,030 words
    • Article
      STRAWS in the Wind
      229 11 THE MAJOR stock and financial markets were closed during the New Year holidays and so, on Jan 3. BBC World Service was unable to broadcast its usual financial report at 5.30 GMT. The station offered poems instead. To provide money-minded listeners with food for thought, the
      229 words
    • Executive Lifestyle: Entertainment, & Pursuits
      • Article, Illustration
        Laughing all the way to the bank
        327 12  -  For EL's Turkey Awards, we sent several plucky colleagues in Business Times a-hunting. MICHELLE OH of the Companies Desk found the corporate scene had, as usual, more than its fair share of recipients. BANKING AND FINANCE MICHELLE OH The Towering Inferno Award For
        327 words
      • Article, Illustration
        Some red faces and quick paces
        670 12  -  ALVIN TAY of the Financial Desk looked for them with dollars for eyeballs and bagged a few. Last but not least, THE CORPORATE SCENE ALVIN TAY Tha All-Syalama-Gona Award A new device is expected to be all systeme go. In the case of the
        670 words
      • Article, Illustration
        Peace on earth, goodwill to man
        649 12  -  ASAD LATIF of the Foreign Desk scanned the international scene and found, instead, gratefully, an epidemic of peace. THE INTERNATIONAL SCENE ASAD LATIF NEVER HAS THERE been a year like 1968, at least not since 1945. Peace broke out... and broke out... and broke
        649 words
      • Article, Illustration
        Lock icon So, you think you are healthy, huh?
        516 14  -  HEALTH By RICHARD SEAH IT'S THAT TIME of year when many people become a little more concerned about their health and not because of New Year resolutions to become healthier, but because they would have just had their annual check-ups. It's the time
        PUNCH  -  516 words
      • Article
        So, you think you are healthy, huh?
        393 15 Apart from being busy, doctors may be reluctant to explain because interpretation of the figures may not be straightforward. Again, cholesterol provides an example most of us can understand. Until a few years ago, only the total cholesterol level was measured. It was
        393 words
      • Article, Illustration
        RUN, BABY, RUN
        897 15  -  RUNNING By ANNA TEO THE BRAZILIANS did it over 10km, at Sao Paulo's St Silvester Footrace. Some Singaporeans spent a whole day at it, over a much longer distance. Running to usher in the New Year, that is. Macßitchie Runners 25's Super-Endurance Dawn-to-Dusk Ultra-marathon it's as taxing
        897 words
      • Article
        A candidate for the vintage of the century
        631 15  -  WINE By NIC Yong EVER SINCE its birth in late 1982, Bordeaux has received ecstatic reviews, and has been hailed as the 'Vintage of the Century', (a rather overworked acclamation). I was startlingly reminded of what a wonderful vintage this is, all
        631 words
      • Article
        What has SSO got to do with XO?
        456 15 SHORTTAKES WHO IS ERTE and what has he got to do with a bottle of brandy and the Singapore Symphony Orchestra? He's 96 years old, the same age as the Courvolsier 'XO' that's being auctioned off in a special dinner this week,
        456 words
      • Article
        BILLBOARD
        662 15  -  l+OfnpimQ Oj Juanita Shakila CINEMA: Two Moon Junction starring Sherilyn Fenn, Richard Tyson, Louise Fletcher, Burl Ives and Kristy McNichol. Showing at Lido: 11; 1.30; 4; 6.45; 9.15 and Changi 1: 11, 1.30; 4; 7; 9.15. Who Framad Rogor Rabbit starring Bob Hoskins. Showing at Orchard: 11; 1.30; 4;
        662 words
    • Executive Lifestyle: Pursuits
      • Article, Illustration
        Lock icon Untitled
        1207 13  - The baju vanishes, and it's not an open-and-shut case. LINDA CHEE solves a feminine mystery* LINDA CHEE 9IRLS don't dress like this anymore. Blame it on impatience or today s fast pace of life the idea of piling on layers of clothes and delicate finery, and pulling back one's hair
        JACKY HO PETER WEE  -  1,207 words
    • Executive Lifestyle: Entertainment, the Arts
      • Article, Illustration
        One off the year's most compelling releases
        934 16  -  ft '-aw 1 Roger Loh WHEN SOMEONE tells you he's got the blues, it means he's depressed. In music, it's a way of expressing angst. From the Mississippi Delta to New Orleans, the blues have become an anthem for manic mayhem. Not until
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    • Executive Lifestyle: Sports
      • Article
        Lock icon Norman to focus on US events
        249 17 AFP GREG NORMAN is planning to play mare in the United States and less in his native Australia in an attempt to break out of what he feels is a slump. "I travelled too much last year and my game really suffered," said Norman,
        AFP  -  249 words
      • Article, Illustration
        Lock icon Depressed Molinares out of WBA contest
        251 17 AFP COLOMBIA'S world welterweight champion Tomas Molinares is to relinquish his World Boxing Association (WBA) crown after being placed In a psychiatric institution under heavy sedation to treat severe depression. Molinares" manager, Willy Chams, has asked the World Boxing A&sociation (WBA) to postpone the
        AFP  -  251 words
      • Article, Illustration
        Lock icon Magee leading in champions' event
        384 17 GOLF UPI ANDREW MAGEE, with just one PGA tour victory in four years, fired a four-under-par 68 on Thursday to gain a stroke lead after the first round of the U*****,000 Tournament of Champions in Carlsbad, California. Steve Jones and Chip Beck each carded a
        UPI  -  384 words
      • Article, Illustration
        Lock icon Bruno says he feels sorry for Tyson
        349 17 BOXING UPI THE SOAP-OPERA saga of heavyweight champion Mike Tyson has reached the point where even Frank Bruno feels sorry for him. "You've got to sympathise with him a little bit," Bruno said at a news conference in New York on Thursday. "After
        UPI  -  349 words
      • Article
        Lock icon 49ers kept in the dark about Chicago Bears quarterback tomorrow
        341 17 AMERICAN FOOTBALL UPI ANY MEMBER of the San Francisco 49ers who says he couldn't care less who starts at quarterhack for the Chicago Bears in tomorrow's NFC championship game should brush up on recent history. San Francisco manhandled Mike Tomczak
        UPI  -  341 words
      • Article, Illustration
        Record lineup for Tatler/Cartier race
        474 17  -  YACHTING f TATLER/Ciuiter YACHT R ACE J By CHARLES SAVAGE THE 1969 yachting Mason kicks off in high gear tomorrow at Changi beach and organisers of the Tatler/Cartier challenge race expect a lineup exceeding last year's record 34 starters. In its sixth year the Singapore
        474 words
      • Article
        Towards a year of cleaner and better racing
        668 17  -  Oh TMCK U/lIK iorAIMA C 1 nHn r With Jerome Fandor IT IS STARTERS UP for the 1989 racing season. It gets under way at Ipoh with a meeting for horses in Classes 3,5, and Restricted Terms. After an eventful season like
        668 words
      • Article, Illustration
        Lock icon Mansell pleased with new Ferrari Formula One
        208 17 MOTOR RACING Reuter BRITISH racing driver Nigel Mansell made a first test drive of the new Ferrari Formula One car on Wednesday and said it would be very competitive after a few adjustments. Speaking to reporters after lapping the Fiorano track in the
        Reuter  -  208 words
      • Article
        Lock icon Paris-Dakar rally: Finn, Italian lead in Thursday's leg
        192 17 AP ARI VATANEN of Finland, driving a Peugeot 405 Turbo 16, and Italian Alessandro de Petri, straddling a Cagiva motorcycle, turned in the top performances in Thursday's leg of the 11th Paris-Dakar rally. The day's course was 325 km from Agades to
        AP  -  192 words
    • Executive Lifestyle: Personal Investment
      • Article
        Fundamentals point to surge for Singapore
        1005 18  -  By AMY BALAN HONGKONG INVESTORS, ever ready to grab at the chance of a quick turn, is once again staking money on their favQurite game stocks and shares. And it looks like they are increasingly being joined by fund managers. In spite of 1997
        1,005 words
      • Article
        Lock icon UK fund managers share their views
        687 18 FT WHERE SHOULD you put your money in 1969? To crystallise the views of the experts, 10 investment fund managers were asked a set of standard questions on the outlook for this year. Most found the first three questions easy to answer although the
        FT  -  687 words
      • Article, Illustration
        Lock icon How are the indices doing?
        241 18 WHERE ARE the world's major markets heading? Credit Suisse First Boston Research takes a look at the charts. Nikkei Stock Average Short-term trend: Up. Has tested the 29,900-30,250 resistance objective and is currently undergoing a brief pull-back which should not alter the positive technicals. There
        Source: CSFB Research  -  241 words
      • Article
        Lock icon It's been a good year for the equity world
        325 18 FT MOST STOCKMARKETS around the world ended last year in a reasonably confident mood, and the equity world as a whole, measured by the Financial Times-Actuaries World Index series, rose in US dollar terms by 21 per cent and just below
        FT  -  325 words
      • Article
        Good time to hold Parkway warrants
        601 18 This week, Warrants Watcher takes you through an arbitrage process with Parkway warrants WATCHER PARKWAY WARRANTS have three more years to run before they expire in December 1991. Sixty million units were issued along with $60 million worth of 6 per cent unsecured bonds
        601 words
    • Executive Lifestyle: Perspective
      • Article, Illustration
        Lock icon Business Quotes of 1988
        1688 19 FT Money I can't speak for the other directors, but I don't hold many shares because I am a poor man. And I'm poor because I've been married three times. Rudolph Agnew, chairman of Consolidated Gold Fields, explaining he held so few shares in the company.
        FT  -  1,688 words
      • Article
        'Allo? 'Allo? Telecoms, please
        171 19  -  Letters to the Editor D W DISTANT Door Sir, I wonder whether any senior official from Telecoms has ever tried phoning from any of the many public telephones along the Orchard Road pedestrian mall. These are located on the outer end of the mall, near to
        171 words
      • Article
        Looking into promoting LBOs in Singapore
        428 19  -  YOONO WENG CHEONG Dear Bir, It seems that there is an absence of leveraged buyouts in the Singapore and Malaysian stock markets for undervalued, good cash flow companies. A leveraged buyout typically entails the following: e 100 per cent leverage; e drastic rationalisation to
        428 words
      • Article
        Nevertheless, get yourself a phone card
        246 19  -  DERRICK TAN Dear Blr, We would like to thank BT for its excellent editorial 'Cardphone, Coinafon should co-exist' on Dec 29. 1988. Our plan is to replace only public payphones with cardphones. The coinafon service will continue to co-exist with card phones. As correctly
        246 words
      • Article
        To want or not to want to export
        466 19 on QaiuAcliuj 7TH JANUARY. 1989 BY A CURIOUS COINCIDENCE, while news about the trade war between the US and the European Community has been grabbing the headlines, something significant has been brewing in economic relations among East bloc countries as well: a
        466 words
    • Article, Illustration
      S'pore-registered ship fined US$lOO,OOO
      399 20  -  By LILY FERNANDEZ THE SINGAPORE-REGISTERED ship Rentals has learned an expensive lesson: it had to pay more than US$lOO,OOO to the International Transport-workers Federation (ITF) for not having signed any collective agreement with the ITF's two affiliates in Singapore. It happened in the Finnish port of
      399 words
    • Article
      Fair Price success not due to special privileges: chairman
      436 20  -  By LEE HAN SHIH NTUC FAIRPRICE, which expects its turnover to rise by 10 per cent to $350 million in the current financial year, said yesterday that its success is not due to special privileges given by the government. Speaking at
      436 words
    • Article, Illustration
      Lock icon Bad weather dampens immediate Sikh reaction to hanging of Indira killers
      373 20 Reuter THE CONVICTED killers of Indian Prime Minister Indira Gandhi were hanged in New Delhi yesterday morning, but rain and all-out security prevented immediate reaction by Sikh extremists who have sworn revenge. Satwant Singh, 24, one of two bodyguards
      Reuter  -  373 words
    • Article
      Lock icon Banker sees sustained growth in M'sian economy
      248 20 Bernama IN SPITE Of the expected slowdown in the industrial world, including the US, the outlook for the Malaysian economy in 1969 and even beyond remains good, banker and economist R Thillainathan says. Malaysia should register real gross domestic product growth of around
      Bernama  -  248 words
    • Article
      Lock icon Ghafar issues warning on Ampang Jaya by-election
      172 20 Bernama THE SUPREME Council of Malaysia's National Front will act against any component party found helping the Independent candidate in the coming Ampang Jaya parliamentary by-election, Deputy Prime Minister Ghafar Baba said in Malacca yesterday. He was commenting on a reported statement by
      Bernama  -  172 words
    • Article
      Lock icon Moscow says curbs do not mean trade war
      287 20 Reuter THE SOVIET UNION on Thursday denied suggestions that it could be heading for a trade war with its Comecon trading partners over new curbs on the export of consumer goods ranging from caviar to television sets. But Vitaly Boyarov, first deputy
      Reuter  -  287 words
    • Article
      Lock icon Chase broking arm to drop some London operations and axe 135 jobs
      346 20 Reuter CHASE Manhattan Equities, a subsidiary of US-based financial services giant Chase Manhattan Corp. said yesterday that it would withdraw from some London share trading operations and axe 135 jobs in London. In doing so, it joined a
      Reuter  -  346 words
    • Article
      Lock icon Dull year ahead for US consumer electronics
      569 20 Reuter WEAK OEMANO, ample supplies and no new products exciting enough to spark sales will characterise the US consumer electronics market in 1989, industry executives and analysts say. "There is no startling new product out there to make people stand up and take
      Reuter  -  569 words
    • Article
      Lock icon Comex gold
      81 20 Reuter COMEX GOLD futures recovered to unchanged levels after plummeting on selling spurred by the dollar's rally when the US jobs data for December was released. In early dealings yesterday, gold for delivery in February rallied to US$4lO.lO following a drop to U*****.70. Bill Byers of Bear Stearns
      Reuter  -  81 words
    • LATE FILE
      • Article
        Lock icon Iraq says Iran massing troops
        45 20 Reuter IRAQI President Saddam Hussein accused Iran yesterday of massing troops along the border with Iraq and said that they could spark renewed Gulf War fighting following an August ceasefire. Iraq would consider taking measures in self-defence, he said. Reuter
        Reuter  -  45 words
      • Article
        Lock icon Hyundai reopens shipyard
        56 20 Reuter HYUNDAI reopened its paralysed shipyard yesterday but at least 2,000 workers stayed out on their 25-day-old strike. Hyundai Heavy, South Korea's biggest shipbuilder, had closed the yard in Ulsan after an 11-day strike by union workers who called for shorter weekend working hours, more bonus payments
        Reuter  -  56 words
      • Article
        Lock icon Bankers agree to guidelines
        41 20 Reuter CENTRAL bankers belonging to the G-10 countries and Luxembourg have said in Zurich that banks should try to prevent money-laundering by adopting proper customer identification procedures, complying with laws and cooperating with law enforcement authorities. Reuter
        Reuter  -  41 words
      • Article
        Lock icon Leads in bank fraud case
        65 20 Bernama MALAYSIAN police have gained several valuable leads in the case of the M 522.2 million loss reported by Bank Negara following the questioning of a businessman and an architect. Sources said yesterday that the two men had been released afer questioning but had been
        Bernama  -  65 words
      • Article
        Lock icon Saudi oil tanker sinks off Oman
        36 20 AFP A SAUDI oil tanker sank early yesterday in the southern Gulf, three km from the Omani coast, after a blaze that swept through the vessel for several hours. AFP
        AFP  -  36 words
  • Page 11 Advertisements
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      Page 11 Advertisements Column 1
      154 11 CONNOISSEURS F O AT COLLECTORS When choosing your Dunhill Elite, let 1 he Hour Glass enhance the occasion. y. t. k' IVV<& i y %V' > A #< 'K. /V 77/t' Hour Class, vwr <&• ourseh'es as connoisseurs. And oiir cusiotncrs as fellow collectors. Not only can we s/kw yow
      154 words
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  • Page 12 Miscellaneous
    • Miscellaneous
      Page 12 Miscellaneous Column 1
      287 12 CROSSWORD WINNERS oasfl flEansd 0 eanne rinaE n dianns ei ueid n a qbbbh 11 ra a la pa n iSbbbe; lODian ijantitaiirannnTi isyißEJ a fjaanß n n e b n udeibci i3i3i3n iHIBBS dnnmn ABBB CI dEi3OQ DSHfliilllEldQ eßtflSa n B 13 i3(9DE3QIISIiIB ID Q i3nnnn KSBBE a ran
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  • Page 13 Advertisements
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      Page 13 Advertisements Column 1
      157 13 9m 1 I m Watch those prices A PRE-HOLIDAY AUCTION of clocks, watches and jewellery roped In US$3.4 million in sales. Habsburg, Feldman of Geneva, which held its first sale in New York last month, was extremely pleased with the turnout at Westbury Hotel. New world records for wristwatches were
      157 words
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      Page 13 Advertisements Column 2
      168 13 There are occasions when a watch becomes MORE THAN A TIMEPIECE. THE DUNHILL ELITE. 3 V 4 a v Ever)'thing that carries the Dunhill name has to be the best of its kind. It has to have a lasting eauty and be both useful and dependable. To this end the
      168 words
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  • Page 14 Advertisements
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      Page 14 Advertisements Column 1
      817 14 WA MMMWmT Where to entertain ■typical Teochew Treats 2 -15 January AdultS: $14.50+ Child below 12 years: $9.00+ Cafe Plaza Plaza Hotel Beach Road. Singapore 0719. Tel: *****11. 24-hr Coffee (L (Level 5) Where the service is good, the ambience great, the food simply marvelous! An experience you'll not forget
      817 words
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      Page 14 Advertisements Column 2
      207 14 r mw. .V* L y £J&L 1-. r~-M.yJk.jii Be thrilled by the romantic sights, sounds and flavours of Rome, Florence, Milan... served up on our lavish buffet tables. Sample Lasagne Verdi, Spaghetti Alle Vongole, Torta Siciliana, Strawberries in Marsala Winemamma mia: There are over 60 Italian favourites at only $33*
      207 words
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      Page 15 Advertisements Column 1
      265 15 4Sunday 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 cheesebdard. All ready for you
      265 words
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      Page 15 Advertisements Column 2
      44 15 The 'Creme dela creme' of Sherries Harveys Bristol Cream Sherry. Famous the world over for its rich, sweet and mellow flavour. Especially refreshing served chilled or with ice, for all occasions. u Pistol cj JOHS HXMYTI k -V -jj u* L* rwrrrr> <•» C'.T V.
      44 words
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      Page 15 Advertisements Column 3
      7 15 Th« Bridge column has b—n Iwld ov*r
      7 words
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  • Page 16 Miscellaneous
    • Miscellaneous
      Page 16 Miscellaneous Column 1
      1543 16 SLOTS TO WATCH Love, marriage and betrayal Movies An army officer (John Lithgow) encounters racial tension when he tries to secure the burial of a black Vietnam War hero in an all-white cemetery in 1970s Georgia in Tha Reatlng Placm. Features a beautiful script and endearing performances by the whole
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    • Miscellaneous
      Page 16 Miscellaneous Column 2
      1267 16 SATURDAY BBC Mi mHz In VHF Band N 6AM Newshour. 7.00 World News. 7.00 Commentary. 7.18 From the Weeklies 7.30 Multitrack 3. t.OO Newsdesk. 9.30 Personal View. 0.45 Recording of the Week. 0.00 News Summary followed by Outlook. *28 Financial News. 0.90 Classical Record Review 0.48 Book Choice. 0.48 New
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  • Page 18 Advertisements
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      Page 18 Advertisements Column 1
      166 18 «e u tfVi •V-. i ssa Mi lb i- L -s W i* f s. Hgp HOW GREAT PACIFIC FINANCE CAN BROADEN YOUR HORIZONS We know how it feels when you're on the way up. Sometimes, the money in your pocket just doesn't quite match your dreams. Which is why
      166 words
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  • Page 19 Miscellaneous
    • Miscellaneous
      Page 19 Miscellaneous Column 1
      765 19 L 5 CRYPTIC PUZZLE ACROSS 8 Confirm there will be a flight (4, 3) 9 No plain? How surprising! (4, 5) 13 Find and take right hack to one (5) 14 Points for identifying the foreign currency (5) 15 Before the man enters slowly (7) 16 Write "kill" (3, 4)
      765 words
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  • Page 20 Advertisements
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      Page 20 Advertisements Column 1
      138 20 The silver report was not available at prass time Get a head start this year. With a "Grooming Specialists"gift. Free with any Clinique Skin Supplies For Men purchase. Clinique Skin Supplies For Men are allergy tested, fragrance free geared for fast action, terrific results and ease of use. Skin and
      138 words