The Business Times, 21 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 21-22 1989 75 CENTS
    12 words
  • Article
    FINANCIAL NEWS SUMMARY
    257 1 Dow down WALL STREET stocks showed small losses with trading fairly slow in early trading yesterday. An analyst said the market was still consolidating. Distortion were expected in the market due to expirations of certain futures and stock options. The Dow 30 was down three points at
    257 words
  • Article
    American dollar slips
    102 1 THE US DOLLAR yesterday rose in early European trading. But its advance quickly drew more dollar sales from West Germany's Bundesbank, following up on Thursday's devastating round of concerted open market intervention by central banks. The greenback opened in Europe at 1.8515 marks, sharply down from more
    102 words
  • Article
    Lock icon Asean may invite China, Soviet Union to Cambodian talks
    229 1 Reuter AFP ASEAN may invite China and the Soviet Union for talks with Cambodian resistance groups to help end the conflict, Malaysian Foreign Minister Datuk Abu Hassan Omar said yesterday. Asean would also push for a supervisory body to verify an
    Reuter; AFP  -  229 words
  • Article, Illustration
    Markets finish lower
    237 1 REGIONAL MARKETS closed lower yesterday as investors were worried about interest rate direction in the face of increases by European central banks overnight. The Singapore market saw lacklustre trading with share prices falling across a broad front as investors took profits ahead of the weekend. The Straits
    237 words
  • Article
    Goh: Talent hunt for political leaders getting to be tough
    745 1  -  NO ALTERNATIVE GROUP WHO CAN TAKE OVER SHOULD SINGAPORE STUMBLE By ANNA TEO WITH KEEN competition from the private sector, the talent hunt for Singapore's political leadership will get increasingly difficult, said First Deputy Prime Minister Goh Chok Tong yesterday.
    745 words
  • Article
    Fears of a price war in local fuel oil market as more supplies flow in
    401 1  -  By LILIAN ANG STEPS taken by Venezuela, a major oil-producing country, to penetrate the Singapore fuel oil market has raised fears that this could led to a price war. The country's national oil company, Petroleos
    401 words
  • Article
    Lock icon Thais ignore US copyrights demand
    102 1 Reuter THAILAND has no plans to tighten up its protection of US copyrights and patents despite action against it by Washington, Commerce Minister Subin Pinkhayan said. The US had cut off about US$l59 million worth of duty-free import benefits for four classes of Thai goods
    Reuter  -  102 words
  • Article
    Report on NCD issue unfounded: UOB
    108 1 UNITED OVERSEAS BANK, responding to an article in BT yesterday on its plans to launch a $250 million negotiable certificate of deposit issue, said "the contents of the article are unfounded". BT had reported that UOB was looking at a $250 million NCD issue
    108 words
  • Page 1 Advertisements
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      Page 1 Advertisements Column 1
      232 1 Nikon The World's Finest Photographic System. yaasiaiMs? More Reports, PAGE 2 Full report, PAQE 8 Regional markets, PAGE 7 Manglapus optimistic about Cambodian ••ttlomant this year, BACK PAGE US Presidency 3 Japan fears Bush may take tougher trade stance Japanese surplus 3 EC unhappy that trade balance has not improved
      232 words
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      Page 1 Advertisements Column 2
      237 1 Nikon i The World's Finest Photographic System. The house that Thlo filled Page 13 (hMMM Ik r. I siafapm rim Ftsuva! A Maori breakthrough and an Indian star Page 12 WtefctU TV TV programmes for today and tomorrow Page 16 Spirts S pore Men's Open accepted as breakaway Page 17
      237 words
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  • YESTERDAY IN PARLIAMENT
    • Article, Illustration
      Lock icon No reason to put off adjustments
      505 2 THE GOVERNMENT sees no reason why necessary adjustments such as raising the foreign workers' levy and increasing employers' CPF contribution should be postponed, said Trade and Industry Minister Brigadier-Gener-al Lee Hsien Loong yesterday. Noting that some members of the business community were worried about
      Source: MTI  -  505 words
    • Article
      Religion and politics don't mix
      361 2 THE Senior Minister of State for Education, Dr Tay Eng Soon, yesterday called on religious leaders to steer clear of the political arena, including efforts to involve government leaders and MPs publicly in their functions. To do so would lead only to competition by different
      361 words
    • Article
      MPs urged to speak up for their beliefs
      509 2  -  Reports by ANNA TEO, SHOEB KAGDA, JOHN THOMAS THE First Deputy Prime Minister, Mr Goh Chofc Tong, yesterday urged all MPs to speak up for what they believed in and fight against what they knew to be wrong with conviction rather than
      509 words
    • Article
      'Seek other ways to care for child'
      135 2 LABOUR MINISTER Lee Yock Suan said yesterday that allowing foreign maids had helped working mothers and increased the number of women in the workforce, but added: "We can't have too much of a good thing." Stressing the social cost of having a large
      135 words
    • Article
      Need for more opposing views: Ong Chit Chung
      497 2 THE NEED for more opposing views to be heard in Parliament is urgent and immediate, and so steps should therefore be taken to meet this need. The need could be met by expanding the Non-Constituency Member of Parliament scheme, said Dr Ong
      497 words
    • Article
      Anti-drug measures to be intensified
      106 2 ANTI-DRUG operations are to be intensified in view of the increased inflow of heroin last year and the threat of continued bountiful harvests from the Thai-Lao-Burmese border, Home Affairs Minister S Jayakumar said yesterday. He said 5,451 drug addicts were arrested last year of which
      106 words
    • Article
      North-easterly MRT line on the cards
      107 2 COMMUNICATIONS and Information Minister Dr Yeo Ning Hong said the government had decided in principle on an MRT link between the Chinatown/city and Punggol/Jalan Kayu areas. Dr Yeo told the House that the timing of the construction of the north-easterly line would depend on
      107 words
  • COMMODITIES
    • Article
      Produce Prices
      238 2 Chinese Produce 110 FOB NSW 1356.00 A-1 Sopor 233 Exchange BWP FOB NSW Gambler 1091.00 A-l Spodal C-1 Spodal C-1 Ord 235 unq unq Sailors' noon dosing pricos on Jon 20 (SS/100 kg) FOB NSW FAMA 180.00 Loonzain Rice Coconut oil 100% 1 si groda unq Closing prtcas
      238 words
    • Article
      London markets
      258 2 London Palm oil M'tlon crude Co* rlz Commodity OF UK/Rotterdam fcmq) M'Uan/Sumatron crude 3-months Exchange (—/—> OF UK/Rotterdam Jan 375pd Tone; Sale* Buyer/Seller dosing prices on Jon 19, (£/tonne unless M'tian RBD FOB Lead Co* 373/375 specified). Previous dosing prices in parenthesis. Jan 372Jdr 3-morrtht (370/372) 376.3/377 Coffee
      258 words
    • Article
      Lock icon Crude Oil and Products
      148 2 Telerate FUEL OIL prices were steady-to-firmer in the Singapore market on scattered trade yesterday. But sell indications for CST-180 now hover between US$77-US$BO per tonne fob/cif Sing. However market sentiment was mixed as players were not fully convinced that prices are really stronger and not being
      Telerate  -  148 words
    • Article
      Rubber
      211 2 SINGAPORE: Rubber prices ended higher with February 1 RSS buyer quoted at 216.00 cents a kg yesterday. On the TSR-20 Award market, prices were higher on some short-covering interest in thin trade. February buyer was quoted at 193.00 cents a kg. Turnover for the RSS 1 fob contract during
      211 words
    • Article
      SSR and SMR
      77 2 FEBRUARY 1989 MARCH 1989 (current month) (forward month) RAS NOON tvyri S*M*n NOON lwy*n S*ll*n SSI 20 193.30 193.30 193.30 195.30 SSB SO 191.30 193.30 191.30 193.30 MRELB &uy«r» S*H*n ky*n S«4l*n SMt CV 317.30 319.50N 319.30 321.50N SMI I 313.30 317.50N 317.30 3I9.50N SMB 5 381.00
      77 words
    • Article
      KL Tin
      176 2 STERLING'S steadiness against tha rlngglt prompted continued strong European damand, pushing the Kuala Lumpur Tin Market (KLTM) price to a new 33-month high ol M 520.21 a kg yesterday, up two centa from Thursday's cloae. "The market ended on the eecond call aa mlnera were reeerved on anticipation
      176 words
    • Article
      RAS and MRELB
      282 2 RAS prices in s c*nt«Ag. fob m fit 1 NOON CLOSE kryors S*ll*rs Bvyars S*ll*rs trrt 1 RSS Prompt 215.50 216.50N 215.00 216.00 bit 1 RSS F*b 89 216.50 217 JO 216.00 217.00 lot 1 RSS Mor 217.50 218.50N 217.00 218.00 Int 2 RSS OP 206.50 208.50N
      282 words
    • Article
      Soybean & Wheat
      213 2 Soybean Wheat SOYBEAN futures closed mixed with new crop months up on speculative spread and outright buying, but losses were extended in old crop by increased local selling late on the Chicago Board of Trade on Thursday. Prices finished off 9-3/4 to up 4-1/2 cents a bushel with active March
      213 words
    • Article
      Palm Oil
      423 2 MALAYSIAN CRUDE PALM OIL FUTURES finished mixed on the KLCE yesterday due to lack of fresh overseas leads. The market had opened slightly lower in line with the sharp fall in Chicago soyoil futures but held steady towards the close on good support by trading houses the market
      423 words
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  • OVERSEAS
    • Article, Illustration
      Lock icon New taxes a last resort: US budget chief New taxes a last resort: US budget chief
      247 3 AFP THE MAN chosen as budget jhief by President George Bush who has pledged never to raise taxes admitted there could be a situation in which he .vould recommend new taxes. Richard Oarman. appearing
      AFP  -  247 words
    • Article
      DAILY AIRCRAFT MOVEMENTS
      976 3 ARRIVALS Operator Servk» Local From number tlmo CAL Q333 0405 TPt SU SQ401 0600 CAAB SU SQ41 0610 MAA AAAS AAH603 0720 KUL MAU MK746 0725 MRU su SQ23 0730 AMS/BOM SIA SQ704 0740 BMW SU SQ417 0610 DXB/KHI MAS AAH640 0820 KUl SVA SV398 0835 JED/RUH
      976 words
    • Article, Illustration
      Lock icon Thai PM endorses second Cambodian informal talks
      193 3 AFP THAI PRIME MINISTER Chatichai Choonhavan endorsed Indonesia's plan to stage a second regional meeting on Cambodia next month, Indonesian State Secretary Murdiono said. Mr Chatichai and Indonesian President Suharto discussed the planned Second Jakarta Informal Meeting (JIM 2) in talks that lasted
      AFP  -  193 words
    • Article
      Lock icon 'Bush's remarks on Third World encouraging'
      94 3 Reuter A UNITED NATIONS official said remarks by US President Bush and Secretary of State-designate James Baker about Third World debt problems were encouraging. But Gert Rosenthal, executive head of the UN Economic Commission for Latin America and the Caribbean, questioned on Thursday whether
      Reuter  -  94 words
    • Article
      Lock icon Japan fears Bush may take tougher stance
      391 3 Reuter PRESIDENT George Bush has promised a kinder, gentler America, but Japanese officials are worried that this won't apply to Washington's relations with its trading partners. Faced with a potentially hoetile Democratic Congress and a possible US economic downturn next year. Mr Bush
      Reuter  -  391 words
    • Article
      Lock icon China to compensate Britons for lost property
      153 3 Reuter BRITONS who lost property in China after the 1949 communist revolution anything from a chocolate factory to a snakeskin banjo will soon receive some compensation. Other claims include the Shanghai Racing Club, four cases of whisky, 200 dairy cattle and thousands of
      Reuter  -  153 words
    • Article
      Lock icon EC unhappy about Japan's higher trade surplus last year
      290 3 AFP THE European Community's executive called on Japan to step up efforts to reduce a trade surplus with the EC that swelled again last year despite a sharp rise in European exports. "We note with regret that the efforts to improve
      AFP  -  290 words
    • Article
      Lock icon Troop cuts do not cover Soviet far east'
      145 3 Reuter FORMER Japanese Prime Minister Yasuhiro Nakasone said the Soviet Union's promised troop cuts in East Asia would not include the Soviet far east and eastern coastal areas, Kyodo News Agency reported. Soviet leader Mikhail Gorbachev announced details of the cuts during
      Reuter  -  145 words
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      Page 3 Advertisements Column 1
      59 3 /S 1g IJI 1a The business person's choice, every I IL-/I II 111 I Tuesdoy, Thursday, Saturday and I V VI \l II f Sunday. Leaving Changi Airport at I JL V_y 22 05 hours and arriving at Lester B °fearson International Airport the following day Call your Travel Agent
      59 words
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      Page 3 Advertisements Column 2
      15 3 !i I I PARIS NEW YORK TOKYO Lancel Boutique: 435 Orchard Road, #02-28/31 Wisma Atria.
      15 words
  • Page 3 Miscellaneous
    • Miscellaneous
      Page 3 Miscellaneous Column 1
      185 3 Doonesbury IX Li r BY GARRY TRUDEAU wm Z/S'l Max/ Note Min (°C) 25/16 Fin* 07/00 Cloudy 14/05 door 16/10 Claor 33/23 Claor 29/24 Cloudy 00-07 Claor 16/08 Cloudy 02-02 Cloudy 06/02 Cloudy 23/18 Cloudy 04/02 Fog 30/21 Fin* 05/00 Cloudy 06/03 Claor 27/21 Rain 18/09 CI«or 06-05 Cloudy 27/11
      185 words
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  • BANKING AND FINANCE
    • Article, Illustration
      Government securities market
      125 4 Indicate# the average of the prime lending ratee of 12 major banks In S'pore Treasury bills Period Issue Yesterday's dosing Day's code Maturity BID OFFER HIGH LOW 3 months BQ*****T 20.04.89 3.95 3.90 3.93 3.93 6 months BY*****S 20.07.89 4.10 4.05 1 yoar BY*****H 23.11.89 4.20 4.15
      125 words
    • Article
      IMM
      240 4 PERSISTENT central bank intervention plus active late short-covering lifted most IMM currency futures to a higher close on Thursday. Half-point hikes in the discount and Lombard rates by several European countries, including West Germany, Switzerland and Austria, limited initial losses in continental currencies and shifted pressure to the Japanese
      240 words
    • Article
      Forex markets
      1573 4 SINGAPORE: AFTER Thursday's round of coordinated European interest rate hikes and concerted central bank US dollar sales, the market spent yesterday's Asian session consolidating. Sentiment remains stubbornly bullish despite Thursday's setback. However, with the dollar rally pausing admidst a growing perception that short-term US interest rates may have
      1,573 words
    • Article
      Options
      1441 4 CURRENCY FUTURES OPTIONS Friday, ian 20, 1988 DEUTSCHE MARK (SNAEX) PaO M caNa >¥ IM M 52 54 55 54 St 7 Mar tt eat* HWi Law 1 HI* 1 High ■a* tt p* Laar tad 3A 2 40A 36 97A 95 Itar tt pm8b lua rn*m 51 52
      1,441 words
    • Article
      Precious Metals
      265 4 HONGKONG: Gold closed firmer in moderate trading yesterday. Bullion ended at U*****.50/405.00 an ounce against the 404.00/50 open and New York's 403.20/70 close. On the local market, gold rose HK$2O to end at HK53.772 a tael. Coins were generally higher, with the Krugerrand rising HK$l5 to HK53.150. The
      265 words
    • Article
      Comex gold/silver futures
      167 4 Gold futures on Jan 19, 1989 100 troy ouncos. USS por troy oui CO Opoa Low tea* tan 89 403 50 403-50 403.50 ***** 1.30 Fob 403 30 405.S0 402.90 404J0 1.20 Mar ***** 1.20 Apr 406.10 410_70 407.80 409.40 1.20 Jwn 41X70 416.00 413.00 414J0 1.20
      167 words
    • Article
      Lock icon Simex
      453 4 Reuter EURODOLLAR futures yesterday closed little changed after fluctuating narrowly in quiet trading on Simex ahead of the weekend. Operators were cautious about taking large positions amid concern over interest rate direction after rates increased in Europe. A 0.3 per cent rise in US December consumer prices had little
      Reuter  -  453 words
    • Article
      Asian dollar market
      202 4 ASIAN DOLLAR deposit rates ended at opening levels in quiet pre-weekend trading yesterday. US* OffH MO 7 day* 9 1/4 9 1/9 1 monrt i 5/16 9 3/16 2 man* 9 3/* 9 1/4 3 moo# 9 7/16 9 5/16 6 Man# 9 1/2 9 3/8 9
      202 words
    • Article
      World interest rates
      158 4 Interbank market ratee (offer/bid) on Jan 20 us$ DM 5WFC Y«n 7 4ayt 3/1* l/l* 13 13 3 7/1* 3 3/3 ift 4 ift 1/4 1 Mh 1/4 l/t is i/a— 13 J 3/4 5ft Sift Sift 4 7/1* 3/U 3 3ft 1/4 13 1/1* 13 13/1*
      158 words
    • Article
      Money markets
      61 4 THE OVERNIGHT rate on the Singapore money market rose by 1/4 point to cloee at 5-1/4 per cent yesterday. Short term rates were unchanged across the board. S$ Interbonk rat*s at Itw dose y* Mterdayi orm MO Ow. S 1/4 l-MMh S 1/4 S l/» 2nio«fc 5 5/14
      61 words
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  • Page 5 Advertisements
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      Page 5 Advertisements Column 1
      166 5 The dunhill Cup 1989 WORLD QUALIFYING TOURNAMENT ".s'2r.*4.y r.'.'V v iziKv 'l/*'Ofi' i&E? ii&j&i V* V*. v/"V w% a v. V «lV •r H %i i »<- r i •,y»* y-*» .f r v V fc< V-T* uu <*L>* From February 3rd to sth, the first World Qualifying Tournament of
      166 words
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  • WORLD MARKETS
    • Article
      Lock icon British Telecom buys stake in US car-phone operator
      344 6 FT BRITISH TELECOM, the former British state-owned monopoly, is to spend US$l.5 billion on a 22 per cent stake in McCaw Cellular Communications, one of North America's leading car phone operators. The deal, announced on Thursday, is the latest move by BT
      FT  -  344 words
    • Article
      Lock icon Motorola accuses Hitachi of patent infringement
      314 6 FT MOTOROLA, the largest US semiconductor manufacturer, has filed suit against Hitachi, charging the Japanese company and its US subsidiary with patent infringement and unfair competition. The dispute revolves around microprocessor technology, and is likely to intensify tension between the US and Japan over
      FT  -  314 words
    • Article
      SHIPS IN PORT
      1086 6 AT CONVENTIONAL WHARVES Sun Hoo Gang Budi Indah 19 J5/6 okxiQtidf 21.01/0600 21X51/0800 22.01/2300 Dewi Indah n 21.01/0800 22.01/2300 VmnI B*r1t i Arrival Departure EverUurdy/B a 21.01/0800 22.01^5600 KEPPEL WHARVES Graho 19 21X51/1000 22X51/2300 K3S Jasa Somudra 1 12 21X51/1000 21.01/1100 Ah Dedication alongside 22.01/2300 <olimantan 1
      1,086 words
    • Article
      Lock icon EUROPEAN MARKETS ROUNDUP
      431 6 Reuter FRANKFURT: A continuing downward reassessment of Daimler share#, sparked by the car maker's lower profit outlook for 1968 and 1989. set the stage for yesterdsy's downturn among West Gsrmsn blue chips. Dealers reiterated that Thursdsy's Intsrsst rste rises by the Bundeebsnk had helped, rather than hurt
      Reuter  -  431 words
    • Article, Illustration
      Lock icon Blue chip rally sapped
      566 6 New York Reuter A BLUE CHIP rally that brought share prices above the level reached prior to the stock market crash was sapped by dollar weakness and profit-taking on Thursday. However, issuee still managed a modestly higher finish, bolstered by strong earnings reports and takeover interest.
      Reuter  -  566 words
    • Article, Illustration
      Lock icon Shares open mostly lower
      875 6 London Reuter LONDON SHARES recovered from an initial broadly-based retreat but were •till moetly lower by the 0000 GMT official opening yesterday. Dealers reported quieter sctivity than recently, ahead of UK economic data due at 1130 GMT. The FTSE 100 share index opened 2.1 points lower
      Reuter  -  875 words
    • Article
      Selected Indices
      116 6 HONGKONG AN Indutfrfah 1 Hongkong Indox Mdoy Thursday Z5177 Z51fcS mdoy Thursdoy 1,906 06 1,915.74 WMk ago Z53Z9 WMk ago 1 £75.07 NEW YOffK Hang Song Indox Dow Jonos Thursday Friday ZW7.91 Z239.ll Thursday 2.909 66 WadMtday Z***** WMk 090 ZM396 WMk <«o 1.777 X TOKYO Standard Po
      116 words
    • Article
      Untitled
      371 6 Amsterdam MM N «J0 ABM 43 fi 09 2 *08 58M oi4 *14 Woo #11 +3.4 00.4 a* UMO. 107 0.6 103.7 +0.7 WL8..ZZZIZZ 1424 unch —1245 1 oo i f«.« OLD *04 jaMf- 304 as Mill. 9U <41 1MIMMIII 0540 -O M MMtM. 190.1 +14 imgOWIM 714 +04 MunSm.
      371 words
    • Article
      Untitled
      327 6 _o» JJ TofMt-.:z J MS m WMh -40 Tnffi im Un Stoat W00»U ZZZwto M Knpo* m 1M SCEST 1 4B00 *70 Charter ant ■fit gam M0 Dm Bun....'". ___87 H 4M0 Vim ■M tw p U.ZZ.Z ngog vo Ergo 11TB uneti FfiiiW. Mi uneti SFISLz *78 tm •M +M
      327 words
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  • REGIONAL MARKETS
    • Article, Illustration
      Prices easier after consolidation
      1312 7 Hongkong HONGKONG STOCKS endad eaeler on a day of consolidation yesterday, but they were off their lowa aa buyers returned near the ctoee of trading, brokers said. The Hang Seng index finiahed 11.79 lower at 2.897.01. after being 26.24 down at midday. The broader-baaed Hong Kong
      1,312 words
    • Article
      Lock icon Taipei: Momentum regained
      379 7 Reuter THE TAIWANESE stock index rallied to finish higher yesterday as It recovered momentum after a round of profit-taking dragged it lower in mid-morning, dealers said. The weighted index gained 115.57 |>oints, or 1.98 per cent, to end at 5,942.40 against Thursday's 5,826.83 close. Turnover dropped to
      Reuter  -  379 words
    • Article
      Lock icon NZ: Prices lower
      137 7 Reuter NEW ZEALAND share prices toll yesterday after the news that Investment company Equlticorp International had appointed receivers. "This haa really knocked the confidence out of the market," one broker said after the announcement The Barclays index dropped 15.44 points to 1,923.51. Brokers expect a further decline
      Reuter  -  137 words
    • Article
      Lock icon Manila: Slightly easier
      102 7 Reuter THE MANILA market doeed slightly easier yesterday as leading stocks took a break from recent rallies, and brokers said prices would probably continue to move sideways next week barring drastic developments over the weekend. "The markst will likely go on consolidating next week, except of course
      Reuter  -  102 words
    • Article
      Lock icon Bangkok: Index up
      162 7 Reuter THE SECURITIES Exchange of Thailand Index roee 8.34 point to 435.09 yesterday on a turnover of 8,218,085 shares worth 868.67 million baht. JAN BANT Ao Kham Thai .426 Ayudhya Invaatmafl 1. 40 025 Bangkok Agro-lnd 100 unch Bangkok Bank Bank Of Ayudhya.. Charoong Thai Wlr« .297
      Reuter  -  162 words
    • Article
      Lock icon Bombay: Mixed close
      188 7 Reuter BOMBAY share prices closed mixed on poor trading yesterday with dealers staying on the sidelines ahead of a key state assembly poll in southern Tamil Nadu. Dealers said volume was low but selective institutional buying helped the market recover from a mid-session fall. Today's polls in
      Reuter  -  188 words
    • Article
      Lock icon Seoul: Stocks rebound
      170 7 Reuter SEOUL share prices rebounded yesterday on news that president Roh Tae-woo had invited incoming US president George Bush to visit Seoul as soon as possible, brokers said. The composite index was up 5.44 points at 868.51. President Roh said in a congratulatory message for Mr Bush's
      Reuter  -  170 words
    • Article, Illustration
      Lock icon Interest rate worries
      516 7 Tokyo Reuter TOKYO share prices cioeed lower In moderate trade yesterday on worries over the direction of domestic interest ratee in the face of rate hikss by European central banka overnight the yen's recent fall against the dollar and higher oil prtcea. brokers said. "The strong merit
      Reuter  -  516 words
    • Article, Illustration
      Lock icon Surge falters
      449 7 Australia Reuter THE AUSTRALIAN share market surge petered out yesterday afternoon despite the highest trading levels for seven weeks. Brokers said investor interest waned in most sectors after heavy oversees buying on firmer commodity prices earlier pushed the national market up 11 points. They said some top mining
      Reuter  -  449 words
    • Article
      Lock icon Liquidator to be appointed to NZ's Equiticorp
      465 7 Reuter DIRECTORS of Investment company Equiticorp International pic have passed a resolution to appoint a provisional liquidator to ths company and a number of its subsidiariea. The company said in a statement in Wellington that it believed it had adequate levels of tangible
      Reuter  -  465 words
    • Article
      Lock icon GEC unit wins £37m contract
      407 7 FT QEC-QENERAL Signals, part of the power systems division of General Electric Company of the UK. has won what is believed to be the world's largest rsilwsy signalling export contract The £37 million (USSB6 million) deal to provide railway signalling for Thailand la also unusual
      FT  -  407 words
    • Article
      Lock icon Taiwan drafting depository receipt rules
      238 7 Reuter THE TAIWANESE Securities and Exchange Commission (SEC) is drafting rules for the issue of Taiwan depository receipts (TOR) to facilitate listing of foreign stocks on the local stock exchange. An SEC spokesman said the move would liberalise Taiwan's financial market and broaden investment channels
      Reuter  -  238 words
    • Article
      Lock icon Profits of Japan's Big Four brokers nosedive
      315 7 Reuter PROFITS AT Japan's Big Four securities houses and their overseas subsidiaries plunged in 1967/88 from the previous year's record levels. the companies have announced. The lower profits, reflecting the impact of the October 1967 stock market crash, are forcing the brokerages to
      Reuter  -  315 words
  • Page 7 Advertisements
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      Page 7 Advertisements Column 1
      490 7 THE COMPANIES ACT, CAP. 50 BRETTENWOOD REALTY PTE. LTD. (IN VOLUNTARY LIQUIDATION) At an Extraordinary General Meeting of the Members of BRETTENWOOD REALTY PTE. LTD., duly convened and held at 101, Upper Cross Street #04-43, People's Park Centre, Singapore, 0106 on the 18th day of January 1986, the following Special
      490 words
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      Page 7 Advertisements Column 2
      580 7 IN THE MATTER OF THE COMPANIES ACT, CAP. 80 AND IN THE MATTES OP SUM F ATT LEE CONSTRUCTION PTE LTD (In Members' Voluntary At an EXTRAORDINARY GENERAL MEETING of the members of Kam Fstt Lee Construction Pte Ltd, held at Blk 165 Buklt Merah Central #08-3667 Singapore 0315, on
      580 words
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  • SES
    • Article, Illustration
      Share prices fall over a broad front in lethargic trading
      769 8  -  By MICHELLE OH A LACK of fresh factors, concern over rising interest rates in Europe and profit-taking ahead of the weekend sent share prices lower over a broad front in lethargic trading yesterday. After posting a gain on Thursday, the
      769 words
    • Article
      COMPANY MEETINGS
      116 8 BATU KAWAN BERHAD: 24th AQM at the Registered office, Wisma Taiko, 1 Jalan S P Seenivasagam, ***** ipoh today at 12.30 pm. MALAYAN BREWERIES LIMITED: 55th AQM at OCBC Centre. 19th storey on Tueaday, Jan 24, at 11.00 am. PET ALI NO TIN BERHAO: 63rd AQM at the
      116 words
    • Article
      Unit trusts
      305 8 Managers' prices for Jan 21 23 Singapore Unit Trust Th* Commcc* 1.00 1.06 Th* Savings Fund 0 89 0.94 S'por* frog Kind 038 0.42 S'por* S*e Fund O AS 070 S'por* ln««s> Fund 0.71 0.76 S'por* Equity Fund 047 051 Asia Unit Trust Mai InvMt Fund 1.47 1.57
      305 words
    • Article
      PROPOSED ISSUES
      296 8 Company RIGHTS ISSUE C 1 Holdings 27 m*o« loon stocks in the ratio of $3 loon stock for every #ve ordinory shares held. Cousewoy Inv Issue of $7,232,937 nominal amount of i% loon Stock lfW/*4 on the basis of $1 nominal amount of loon stock «M two TSh
      296 words
    • Article
      SES SHARE INFORMATION
      5588 8 1 98fiy8fl xi Qf's Qr't High Low Cod* Company Jala +or- ('(WO) Se £X JAN 20 SE8DAQ 187 114 t 4000 Amtek Eno 20# 124 +2 5 124 123 122 125 10.0N 7.1 1.6 8.8 52.7 120 70 4008 Fuji Offset 20# 78% 3 76% 76% 76
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  • KLSE
    • Article, Illustration
      Lock icon KL prices decline broadly
      3301 9 MBT THE Kuala Lumpur stock market reversed its upswing yesterday to finish lower over a broad front as sellers liquidatod their position in the absence of fresh factors. Dealers said the retreat was in line with the decline in major overseas stock markets. The Tokyo stock
      MBT  -  3,301 words
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  • COMPANIES & STOCK MARKETS
    • Article, Illustration
      Behind the buyback bids
      471 10 mm mm™ By HOCK LOCK MW SHUNNED BY their own investors, Australian-listed offshoots of Singapore and Malaysian companies are facing an unprecedented demand from their own parents. In the short space of one month, three of them the Oversea-Chinese Banking Corporation, Jack Chia-MPH and Johan Holdings
      471 words
    • Article
      Lock icon Retail sector of stock market must be developed, says KLSE
      383 10 MBT THERE IS a need for the stockbroking industry in Malaysia to map out an integrated strategy to develop further the retail sector of the stock market. Kuala Lumpur Stock Exchange (KLSE) general manager Mohd Salleh bin Abdul Majid said
      MBT  -  383 words
    • Article
      Pinemount's bid for Asean Resources falls through
      236 10 HONGKONG diamond dealer William Doo's Pinemount Development has failed in its HK$llO million (about Ss2B million) takeover bid for property company Asean Resources. Pinemount's bid met only with an 8.1 per cent response from Asean Resources's shareholders at the close of the third
      236 words
    • Article
      Lock icon HKSE to investigate collapse of Shui On property deal
      162 10 AFP THE HONGKONG Stock Exchange is investigating the collapse of a property sale worth HK$2.5 billion. Exchange chief executive Francis Yuen said he was very concerned about "the whole process of the transaction" involving Shui On Group Ltd. Shui On announced
      AFP  -  162 words
    • Article, Illustration
      Low Chang Hian expected to be charged today
      398 10  -  By ELAINE KOH EX-DIRECTOR of Great Pacific Finance Low Chang Hian is expected to be charged in the subordinate court today for alleged criminal breach of trust. Sources say that the amount involved is close to $20 million. Hongkong authorities are likely
      398 words
    • Article
      Haw Par sells entire stake in Indonesian company
      405 10  -  By CORRINA LIM HOT-ON-THE HEELS of United Industrial Corporation's divestment of its stake in an Indonesian joint venture, Haw Par Brothers International said yesterday that it too was selling its entire interest in an Indonesian company. Haw Par's wholly-owned subsidiary Setron Ltd
      405 words
    • Article
      Lock icon Citic profit growth expected to slow this year
      343 10 Reuter CHINA INTERNATIONAL Trust and Investment Corp (Citic) is expected to report about 20 per cent increase in 1988 earnings but a nationwide austerity programme will slow profit growth this year, vice-president Yang Guangqi said. Citic benefited from strong growth in trading,
      Reuter  -  343 words
    • Article
      MMC venture clinches highway contract\
      450 10 Award worth MsB7m for part of N-S Expressway MALAYSIA MINING Corporation Bhd and a French construction group have clinched an MsB7 million contract for the construction of a stretch of the North-South Expressway (NSE). Announcing this yesterday, MMC said it had tendered for the project
      450 words
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      10 10 Clambo has baan bald ovar dua to praaaura on space
      10 words
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      Page 10 Advertisements Column 2
      421 10 CURRENCY INVESTMENT AMERICAN MX PRESS HANK TEL: 321 3333 ADVERTISEMENT More of 'Singapore* In Singapore Business SINGAPORE i i A -r- I < > 'C>f I V-t-r -i V The word "Singapore" has grown on the cover of Singapore Business. The change is more than cosmetic. Singapore's only business monthly
      421 words
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  • Executive Lifestyle
    • Article, Illustration
      Lock icon ko high
      1050 11  -  One day, an itinerant biker went wandering way, way north and found himself floating on a By JEFFREY TSANG Some say nature exists for its own sake. But a higher view shows us that nature is there to help all of us get on with our lives. Thus
      Photo by Jeffrey Tsang  -  1,050 words
    • Article
      STRAWS in the Wind
      235 11 AFTER $238,000 spent on renovations, Parliament House now has more seats for MPs, new rostrums for backbenchers to speak from, and so on. But one thing has not changed at all. The press gallery still has the same number of seats, which is inadequate for today's
      235 words
    • Executive Lifestyle: Entertainment, the Arts & Pursuits
      • Article, Illustration
        Ngati — a film born out of struggle Ngati — a film born out of struggle
        965 12  - Ngati a film born out of struggle Ngati a film born out of struggle FILM FESTIVAL By ROGER LOH MAORI WRITER/PRODUCER Tama Poata is pleasad with the emergence of indigenous filmmakers all over the world because it shows that they can now tell their own stories without the glitz and
        965 words
      • Article, Illustration
        Shabana reminds one of Cleopatra of the Nile
        864 12  -  By ASAD LATIF IT IS EASY to tell why Shabana Azmi is such a good actress. She is made up of moods, and each mood is a delicious look. That look is now a touch of a smile, now the faintest raising
        864 words
      • Article, Illustration
        Consider the alternatives
        580 12  -  BRIDGE By SYBIL HOLLOWAY BOLS Royal Distilleries of the Netherlands runs an annual Bols Bridge Tips Competition for the best tips sent in by many worldrenown bridge players and writers. Last year, 13 tips were submitted for selection. The members of the International Bridge Press Association were
        580 words
      • SHORT TAKES
        • Article
          Lock icon No 'provocative' songs, Anita Mui told
          457 12 Agencies CHINA has banned top Hongkong singer Anita Mui, seen by some as the Hongkong equivalent of Madonna, from singing three songs with suggestive titles at a concert in Guangzhou later this month. The three songs are entitled Bad Little Girl, Enchanting Lady and
          Agencies  -  457 words
    • Executive Lifestyle: Pursuits
      • Article, Illustration
        family plot
        928 13  -  A Manchu in Penang. A complicated will. Tales unconfirmed of heirs and strange stipulations. An advertisement in last month's newspaper for sale by tender of the house's antique contents. The stuff of paperbacks? Perhaps, but how would you like to buy pieces of this... By LINDA CHEE rHE
        928 words
    • Executive Lifestyle: Entertainment, the Arts & Pursuits
      • Article
        When parents with asthmatic kids play it safe
        842 14  -  HEALTH By RICHARD SEAH WHEN National Development Minister Mr S Ohanabalan suggested recently that children should be encouraged to play more rugged games, some parents reacted with a downright "No". These parents might seem over-protective. But their concerns are real. Many of
        842 words
      • Article, Illustration
        A bundle of surprises
        875 15  -  Roger Loh FEW ARTISTES have bewildered pop fane as Van Morrison has. He's a sly craftsman whose astute understanding of what he represents has overshadowed formulaic progreesions. Morrison has not changed with the times; the times have changed. For the most part, Morrison's work has remained
        875 words
      • Article
        The most widely (un)known Italian wine
        743 15  -  By N K Yong CHIANTI is undoubtedly the most widely known nsme in Italian wine, and yet despite its popularity, paradoxically, few wine lovers take the trouble to leam about the wine. This lack of enthusiasm must be attributed to the masses of mediocre
        743 words
      • Article
        BILLBOARD
        569 15  -  irofnpwoo oy Juanita Shakila CINEMA: Prtneo Sign O Tha Timaa starring Prince. Showing at Lido: 11. 1.30. 4. 6.45, 9.15 Moon Ovor Parador starring Raul Julia. Richard Dreyfusa and Sonia Braga. Showing at Capitol: 11. 1.30. 4. 6.30. 9.15. at Changi 1: 11. 1.30. 4. 7, 9.15 and Savoy:
        569 words
      • Article, Illustration
        A small miracle in a small beanfield
        589 16  -  CINEMA By KOH BUCK SONG THERE IS NO issue mors divlsivs than that of prsssrving a wsy of lifs. There Is no potential conflict more engaging than when capitalism threatens native life. In this film Robert Redford's first directorial effort since Ordinary People
        589 words
    • Executive Lifestyle: Sports
      • Article, Illustration
        Lock icon McEnroe goes on to third round of Australian Open
        683 17 AP JOHN Mc£NROE kept his temper in check and defeated stubborn Australian Brod Dyke in four sets yesterday to advance to the third round of the Australian Open tennis championship. McEnroe, bidding to win his first Grand Slam event since the
        AP  -  683 words
      • Article
        Lock icon Mark Price lends a hand to Cleveland Cavaliers
        469 17 BASKETBALL AP MARK PRICE scored a careerhigh 29 points for the second game In a row and Brad Daugherty added 25 as the Cleveland Cavaliers handed Indiana its fourth consecutive loss on Thursday night, defeating the Pacers 113-106. Price made 12 of
        AP  -  469 words
      • Article, Illustration
        Lock icon D-day for the best Alpine skiers
        309 17 SKIING AP HAS ALBERTO TOMBA lost his fuse? Has Pirmin Zurbriggen won his bout with the flu? And can Luxembourg's one-man team, Marc Girardelll, still do better? World Cup watchers may know the answers tomorrow when the world's best Alpine skiers finish three days
        AP  -  309 words
      • Article
        Singapore Men's Open accepted as ATP breakaway
        432 17  -  TENNIS BOWLING By CHARLES SAVAGE THE Singapore Men'a Open Grand Prix haa been accepted aa part of the break-away US$6O million, 77-event Association of Tennis Professionala circuit that commences in 1900. The tournament, the firat Men's Grand Prix event staged here, will make
        432 words
      • Article
        Celebrity Charity Challenge at the Marina Superbowl
        453 17 THEY WONT HEAR the rolling balls or the smash of pins but each of the keglers that drop will be money in th« till. The target: $10,000. Playing in mixed pairs, eight top local women keglers will partner sporting personalities who have never
        453 words
      • Article, Illustration
        Lock icon An unusual day for Ken Green
        148 17 GOLF AP KEN GREEN completed an 8-under-par 63 on Thursday, moments before darkness halted play in the first round of the US$7OO,OOO Phoenix Open Golf Tournament Green, a two-time winner laat year, held a onestroke lead with nine players stranded by darkness on the
        AP  -  148 words
      • Article
        Quicksilver amid track rivalry
        538 17  -  ON With JEROME FANDC With JEROME FANDOR CHAMPION TRAINER Teh Choon Bang picked Ismadi Ismail for the ride on Quick Turn in the Hongkong Invitation Cup next week on the basis that Ismsdi knows the horse better. Maree Lyndon will be in the grandstand st Sha
        538 words
      • Article
        Lock icon Association of Tennis Professionals sets 1990 schedule
        367 17 AP A 1900 SCHEDULE of 77 tournaments worth US$5O million was announced by the Association of Tennis Professionals on Thursday as its first effort at running the worldwide Grand Prix tour. The new tour providee for significant incrsases in prize money for pieyers
        AP  -  367 words
    • Executive Lifestyle: Personal Investment
      • Article
        Examining the value of OCBC's proposed $200m NCDs
        375 18  -  WARRANTS by I WAYNE LAU THE OVERSEA-CHINESE Banking Corporation plana to issue $200 million of Negotiable Certificates of Deposits (NCD's) with warrants through private placement. Is it good value for the placees? Or does it give away too much value and harm
        375 words
      • Article
        The Sing Land guessing game goes on
        577 18  -  WARRANTS WATCHER By LORETTA McLAUGHLAN WITH THE announcement of the exercise price for Singapore Land's warrant conversion and the close of the company's rights issue of loan stock during the week, it looks as if all the frenzied calculations being done on the
        577 words
      • Article, Illustration
        Lock icon Attempting pre-crash highs?
        188 18  -  f _<TTT>, r r nr rifli f mz i 1 By Robert Tay Manager-Investment Services of DBS Securities. Mr Tay Is writing in his personal capacity. The article may not necassarfy reflect the views of DBS Securities. HOTEL TAI-PAN BREAKING out of the Triangle formation (XYZ) in
        Source: Investamatic  -  188 words
      • Article, Illustration
        Lock icon Fountain of optimism wells up for equities Fountain of optimism wells up for equities
        592 18 MALAYSIA Agencies THE FIRST Annual Conference off Analysts in Kuala Lumpur earlier this week has turned up a fountain of optimism for the Malaysian stock market. Buoyed by current overseas bullishness, both stock and technical analysts
        Agencies  -  592 words
      • Article
        Lock icon Ringgit set to strengthen as interest rates rise
        409 18 Bernama SINCE it flexed its muscle on Tueeday, Bank Negara has not intervened in the foreign exchange market but its aggressive borrowing on the interbank market has whipped up a surge in intereet rates. The move reflected the central bank's earnestness to
        Bernama  -  409 words
      • Article, Illustration
        Lock icon Nerves needed to enter emerging markets
        785 18 FT INVESTORS with the pioneering < spirit will this year be found exploring Central and South America. the Far East and the less well-known stock markets of Europe in the hope of unearthing 1968's best performers. "The investment world did not finish on the
        FT  -  785 words
      • Article
        S'pore's ranking in global equity market slips again
        473 18 SINGAPORE and Malaysia's rankings in the global equity markets have slipped again. After beating some 20-odd rivals for the title of best performing bourse in the first half of 1968, the stock exchangee of Singapore and Malaysia finiahed the year at the
        473 words
    • Executive Lifestyle: Perspective
      • Article, Illustration
        Putting law across to the layman
        1154 19  -  Whereas the language of law is normally written in a convoluted manner to be precise, to avoid misinterpretation and to minimise the opportunities for the exploitation of loopholes. And whereas legal tomes are generally incomprehensible to those who have not been through law school,
        1,154 words
      • Article
        Lower hawker prices in the wake of crockery decision?
        282 19  -  IVAN C BAPTIST Executive Secretary CASE Dear Sir, We refer to the various press reports on the Environment Ministry's decision not to make the use of disposable crockery at hawker stalls compulsory. With the introduction of disposable crockery in February 1987
        282 words
      • Article
        Planning the streets of the 21st century, Phase II
        223 19  -  R MORTIS Dear Sir One must thank Mr Ong Say Cheong for his reply (14.1.89) to the letter of 10th December in this paper, but it must be pointed out that contrary to his statement that the "only way trafficlights can
        223 words
      • Article
        Towards an Orchard square
        152 19  -  CHEOK YEN AM Dear Sir, I refer to the letter captioned "Shaping Orchard Square" by R Mortis (BT, Dec 17, 1988). We are pleased to inform your reader that provision has been made for an open square in the design of Orchard Square. This open square
        152 words
      • Article
        Wake up, Raffles MRT
        107 19  -  letters to the Editor D W DISTANT Door Sir, For ovor a yoor, I have been alighting from the west-bound MRT train each morning at Raffles Place. Every time, I have seen a crowd gather at the escalator which runs from the lower platform to tho
        107 words
      • Article
        Renewing a driving licence
        73 19  -  STEPHANIE YAP Corporate Communications Officer Singapore Telecom Dear Sir, We refer to the letter "Driving you round the bend" by "DW Distant" (BT (Weekend Edition], Jan 14-15, 1989). We would like to confirm that in the absence of a driving licencee's NRIC, his/her passport is acceptable
        73 words
      • Article
        We don't need no breathing space... cough, cough
        135 19  -  MISS NUTKIN Dear 3lr, I was appalled to read your article entitled "government move on ozone gives industries a breathing spaca" (BT, Jan 17. 1989). It was written as if the protection of local industry was more important than the protection of
        135 words
      • Article
        The nicer things in life
        493 19 n 55 fiafuAcfay 21ST JANUARY, 1989 THERE is in this world a class of people who seem to have anger for flesh and cynicism for blood. These emotional misanthropes are the bane of those around them. Nothing, just about nothing, can be good enough for
        493 words
    • Article, Illustration
      Coca-Cola to launch new marketing theme
      386 20  -  Advertising blitz to cost $250,000 By JOHN TAN COCA-COLA will launch a marketing blitz coating $250,000 this Sunday to replace its eight-year-old Coke is it! theme, as part of a worldwide effort. The new theme, You can't beat the feeling, aims to provide more
      386 words
    • Article
      CIDB to help companies develop training
      296 20 THE Construction Industry Development Board (CIDB) is to introduce a scheme to help companies in the construction industry develop their in-house training programmes. For a start, the CIDB's special programmes division, which has about six trainers, will work with two companies one local and
      296 words
    • Article
      Price of Coke set to rise
      300 20  -  By LEE HAN SHIH COCA-COLA is likely to raise the prices of its canned drinks this year due to higher material and labour costs. Revealing this yesterday, Coca-Cola Far East Ltd country manager James Harting said it was still too early to talk about
      300 words
    • Article
      Kan Seng suggests course on major religions for schools
      287 20 TO FOSTER racial harmony and religious tolerance from a young age, Mr Wong Kan Seng suggested that a course on major religions be taught in schools. The Minister for Foreign Affairs, who is also the Minister for Community Development, noted that
      287 words
    • Article
      Lock icon US Treasury confirms Group of Seven will meet on Feb 3
      294 20 AFP THE US Treasury Department confirmed on Thursday that leading industrialised nations belonging to the Group of Seven would meet in Washington on Feb 3 to review the international economic situation. "It was decided that an early meeting will
      AFP  -  294 words
    • Article
      Lock icon Commodities exchange probe uncovers massive fraud
      168 20 Reuter US FEDERAL agents posing as traders have uncovered a multi-million-dollar fraud at the world's two largest commodities exchanges in an investigation that could rival the Wall Street insider trading scandal, a source close to the investigation said on Thursday. More than 150 brokers,
      Reuter  -  168 words
    • Article
      Lock icon Meeting on move to ban Privy Council appeals by errant lawyers
      222 20 AFP THE LAW SOCIETY of Singapore will hold an Extra-Ordinary General Meeting (EOGM) today to discuss the government s move to ban appeals by errant lawyers to the Privy Council in London. In a bill tabled in Parliament on
      AFP  -  222 words
    • Article
      Lock icon Tokyo seeks to allay fears of higher interest rates, but markets not convinced
      350 20 Reuter JAPAN yesterday sought to allay fears that it would follow European nations in raising interest rates, but financial markets were not convinced. "Japanese monetary policy will not be affected by the rise in West German interest
      Reuter  -  350 words
    • Article
      Lock icon Manglapus optimistic about Cambodian settlement this year
      432 20 UPI AFP PHILIPPINE Foreign Secretary Raul Manglapus said yesterday he was optimistic that a negotiated settlement of the 10-year-old Cambodian conflict would be reached this year. Mr Manglapus, the first minister to arrive in Brunei for a conference on the war-ravaged country, said
      UPI; AFP  -  432 words
    • Article
      Lock icon Indonesia to import oil products
      130 20 AFP INDONESIA plans to import 315,000 tonnes of oil products to meet export commitments to the US, an official of the state oil company Pertamina said in Jakarta yesterday. Refining director Tabrani Ismail told reporters that the move was taken after an emergency shutdown in
      AFP  -  130 words
    • Article
      Lock icon Comex gold and silver
      88 20 Reuter COMEX GOLD FUTURES roae early yesterday on sympathetic buying from silver's jump to the highest in nearly three weeks. The April gold delivery moved ahead US$2.3O an ounce at U*****.70 an ounce which nudged through Thursday's high of U*****.70. Comex silver futures jumped to three-week
      Reuter  -  88 words
    • LATE FILE
      • Article
        Lock icon 'Musa intends to join New Umno'
        53 20 Bernama JOHOR New Umno liaison committee chairman Tan Sri Muhyiddin Yaaain said yesterday that former Malaysian Deputy Prime Minister Datuk Musa Hitam had shown positive indications of joining New Umno. "Datuk Musa had tokJ me about his intention to join (New) Umno," he said
        Bernama  -  53 words
      • Article
        Lock icon Policy switch by Japan
        44 20 Reuter JAPAN, in a major policy switch on the eve of a visit by four North Korean delegates, agreed yesterday to unconditional talks with Pyongyang. "Japan doea not maintain a hostile policy towards North Korea," a Foreign Ministry statement said.
        Reuter  -  44 words
      • Article
        Lock icon French minister's aide resigns
        69 20 Reuter A TOP FRENCH civil servant who has become embroiled in an insider share trading scandal resigned yesterday and will go to court to defend his name, the Finance Ministry said. Alain Boublil, senior adviser to Finance Minister Pierre Beregovoy, had been under mounting pressure to
        Reuter  -  69 words
      • Article
        Lock icon Chinese panel for Thailand
        54 20 AP CHINESE National Defence Minister General Qin Jiwei left for Thailand yesterday at the head of a military delegation. His visit comes only two months after General Chavalit Yongchaiyudh, acting aupreme commander of the Thai military forces, visited China, and reinforces the growing military ties between
        AP  -  54 words
      • Article
        Lock icon Taiwan seeks new trade partners
        36 20 Reuter TAIWAN fell behind South Korea in its exports last year and is moving aggressively to boost trade with other Third World and Eastern bloc countries, officials said in Taipei. Reuter
        Reuter  -  36 words
  • Page 11 Advertisements
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      111 11 IT W4S A MOMENT OF PROMISE AND FULFILLMENT. A DAY YOU TREASURE STILL, THAT LIVES ON IN AN ANNIVERSARY. OMEGA. FOR THIS AND ALL YOUR SIGNIFICANT MOMENTS. W *s> *0 4 45 c. fr*" >. -V V. M II II s Jfev-V Sote and Service Centres SILVAROYAL PTE LTD 250
      111 words
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      48 12 ■s f* ffc" Wtß r; to start off the new year we're holding a sale on Jan 21, 10am to 9.30pm. Com me des Garcons Errante Erreuno Moschino Options Plantation Sophie Sitbon Thierry Mugler Yohji Yamamoto TP man ana ne woman •02-07 THE PROMENADE 300ORCHARO ROAD TELEPHONE *****9?
      48 words
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      108 13 DON'T LIMIT YOURSELF TO ONLY ONE POINT OF VIEW ,r. i W g? v&; J 5 Do you see an ugly witch? A young beauty? Or both? Only one magazine looks at both the good and the bad side of business in Singapore to give you the perspective you need
      108 words
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      288 14 K Siocfe Tower Where to entertain. ONE GOOD REASON TO EUNCH AT THE PALM GRILL IS OUR APPETISER BUFFE T ANOTHER IS THE CHOICE (>F MAIN COURSES. PALM For between $26+ and $40+ you can select from our appetiser CjKILL buffet including seafood, smoked salmon and oysters. Choose from many
      288 words
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      Page 14 Advertisements Column 2
      199 14 > I Try Something Malaysian Style "HIGH TEA" From three to six every afternoon your choice of 15 Buffet spread of delicious Kueh Lapis. Kueh Dadah, Mee Siam, Kueh Kuchee, Agar Agar Gundil, Bubor Hitam, Gula Melaka and many more. Unlimited servings Time: 3.0U-6.(Upm Venue: Dondang Savang (aii7T7ii33cxt I mix
      199 words
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      Page 14 Advertisements Column 3
      193 14 i V k-J neSian k The flavourful spices of Jakarta The spices of Indonesia shall be touching hase in a colourful buffet at our cafe restaurant. Hyatt's sister hotel in Indonesia, Hyatt Aryaduta Jakarta, shall he lending us their top chefs who will bring their treasured Indonesian recipes tor this
      193 words
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      Page 14 Advertisements Column 4
      241 14 nAWKER fest JAN 16 31 jfk ft h .j* ft ->> "A Lunch or dinner. Adults: $14.50 Children below 12: $9.00 Cafe Plaza Plaza Hotel SINGAPORE WAt«*coco<Mtr<ii*tMvtTinc He.« It Knwl Sinetporr *****H *****11 Paramount Hotel Where the happy people go w i •r»; DANCING LOUNGE Experience a new and refreshing
      241 words
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      Page 14 Advertisements Column 5
      249 14 ~r 4 This month, you can enjoy sumptuous Guangdong, Sichuan and Beijing cuisines at the Pine Court. Our buffet tables are heavily laden with delectable Shark's Fin with Crab Meat, Baked Tench, Pan-fried Fresh Scallop wiA Chilli Sauce, Dried Prawns in Dried Red Chilli, Braised Garoupa and much, much more.
      249 words
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      261 15 m en A Mw( Sunday Brunch: A great family outing Ifs 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.
      261 words
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      Page 15 Advertisements Column 2
      81 15 White out of Black Unlock the secret of Black Tower. A delightfully fruity, light, white wine from the Rhine in Germany; preserved in a pre-Roman shaped, black bottle. *•> ll—- J <> Qualitatsweinas Hheinnessen ;)|!i MANN WKINKH! M H- v r .4 907 V SO**' r gr-nong Romon times .s
      81 words
  • Page 15 Miscellaneous
    • Miscellaneous
      Page 15 Miscellaneous Column 1
      755 15 tctchkmkb 18 19 23 21 39 40 CRYPTIC PUZZLE ACROSS 8 How the voice from the attic spoke? (7) 9 Don't move and don't relinquish yet (4, 5) 13 It's not short in any way (2. 3) 14 Even reaigns (5) 15 Someone disembarking from a boat? (7) 16 She's
      755 words
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  • Page 16 Miscellaneous
    • Miscellaneous
      Page 16 Miscellaneous Column 1
      1607 16 SIOIS TO WATCH Abang, Makanplace and a Chinese ghost MOVIES FOR A GLIMPSE of cinematic achievement across the Causeway, here's a story of sibling love and rivalry that won the Best Script and Best Actor awards at the Malaysian Film Festival. In Abang, Fuad Din returns to his family after
      1,607 words
    • Miscellaneous
      Page 16 Miscellaneous Column 2
      1242 16 SATURDAY 4vw\jt BBC M.» mHz In VHP Band SAM Newshour. 7.00 World News. 7.00 Commentary. 7.15 From the Weeklies. 7.30 Multitrack 3. 0.00 Newsdesk. 0.30 Personal View. 5.46 Recording of the Week. 0.00 News Summary followed by Outlook. 9.25 Financial News. OJO Classical Record Review. 0.46 Book Choice. 0.40 New
      1,242 words
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      41 17 WIDE ROUTE MAP MODERN AIRCRAFT DIRECT FLIGHTS LESS TIME Kuwait Airways flies to more than 40 destinations, with convenient connections. After all, your comfort is our concern. For details contact: Haw Par (General Sales Agent) Pte Ltd Tel: *****31 Fax: *****04
      41 words
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      28 18 BT welcomes Investment Idees and viewpoints from brokers, bankers and other readers. Address all correspondence to: The Editor, Personal Investment, Business Times, 390 Kim Seng Road, S'pore 0923
      28 words
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      157 19 BHIt lib t **VM-. **>**/ a BT SURVEYS Looking Wider, Thinking Deeper Some subjects are of such interest to our readers that they demand more space and more research than can be given in our daily reporting. As part of BT's overall service we have always recognised this and taken
      157 words
  • Page 19 Miscellaneous
    • Miscellaneous
      Page 19 Miscellaneous Column 1
      33 19 rD uxsTViese rypeo &e.foße u^pv/e tonight JtvP/tJGI me Bristol... vMOU) CODLD j #a s tawsfe* EVENING fTANDARO CO. LTD., 1*2—1»»« so<?Ry] ,G>KlsJ f*s> j or LAST POINUTC SHOfPIMo..;. r r r r\ 7529
      33 words
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      10 20 New taxes a last resort: US budget chief, PAGE 3
      10 words
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      Page 20 Advertisements Column 2
      130 20 Thai PM •ndorMS Mcond Cambodian Informal talks, PAGE 3 Simplify Your Grooming Meet Hair Programmer j r« Lotion J/ "i/v* at the Clinique }i Counter. fff Leave it to Clinique MFjj to come up with a real needmeeter like this crystal-clear liquid gel that will get your hair looking groomed
      130 words