The Business Times, 11 March 1989
1989-03-11
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The Business Times
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Title Section12 1989-03-11 1 BUSINESS TIMES MCI (P) 45/12/88 Weekend Edition, March 11-12 1989 75 CENTS12 words
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Article257 1989-03-11 1 Dow down WALL STREET stocks remained broadly lower but blue chips recovered some of their early gains. Brokers said stocks fell on news of the lowest jobless level in almost 15 years. The Dow was off 16 at 2275 after falling to 2273 and declining issues led257 words
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414 1989-03-11 1 MAGDALENE NG - Site for residential development By MAGDALENE NG CONSTRUCTION GROUP Lum Chang Holdings Ltd has snapped up a large tract of land near the Upper Bukit Timah Road area for $46.8 million for residential development. The latest deal comes hot on the414 words
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Article, Illustration415 1989-03-11 1 SHANGRI-LA HOTEL Ltd is investing about US$6.7B million to ♦ake up a 10 per cent stake each in two of the three hotels being developed in the Philippines by 'Sugar King' Robert Kuok at a total cost of US$2OO million.415 words
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162 1989-03-11 1 Bernama INDONESIA is aspiring to replace Malaysia as the world's largest rubber producer in the next five years, when the country's annual production of the commodity is projected to reach 1.8 million tonnes, Indonesian National Rubber Supervisory Board chairman Rudy LengkongBernama - 162 words
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573 1989-03-11 1 Reuter MOUNTING LEGAL costs have prompted member governments of the International Tin Council (ITC) to consider an out-of-court settlement of substantial claims arising from the ITC's collapse in 1985, legal sources said. Meetings in London this week have led to a settlement proposal, which isReuter - 573 words
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160 1989-03-11 1 Reuter THE US CIVILIAN unemployment rate fell to 5.1 per cent in February, the lowest rate in nearly 15 years, from 5.4 per cent in January, though job growth slowed. The Labour Department said yesterday that 289,000 non-farm jobs were created in February,Reuter - 160 words
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Article, Illustration158 1989-03-11 1 THE ANTICIPATED release of the US unemployment figure for February, coupled with little bullish news, sidelined many investors in the regional markets yesterday. In Singapore, brokers said investors hesitated to commit themselves in an uncertain market, especially before the weekend. The Straits Times Industrials Index climbed158 words
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Page 1 Advertisements
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Advertisement233 1989-03-11 1 Nikon r Tho World's Finest Photographic System. <;{+%-&]}[,":_!~=:[<@:(\'[$;+.+ Full report, Page 8 Regional markets, Page 7 World markets, Page 6 SMEs 2 SCCCI president calls for tax breaks to help them grow faster US budget 3 White House, Congress start negotiations Insurance development 2 US futures exchanges 5 Still a233 words
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Advertisement164 1989-03-11 1 ikon Ttw\Mbrtd'«FinMt I The colour of confidence... Page 11 Pimm TphrU Vat's up, doc? Pag* 11 TV programmes tor today and tomorrow Pag* 16 Burning rubber in a people's marathon Page 17 Friendly scorpions Page 19 mStock market guru David Fuller (left) "landed a double" when he correctly pinpointed the164 words
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HOME NEWS
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Article, Illustration358 1989-03-11 2 MARTIN SOONG - By MARTIN SOONG SINGAPORE CHINESE Chamber of Commerce and Industry president Linn In Hua yesterday asked the government to consider introducing progressive corporate income tax rates or tax breaks to help small businesses grow faster. Entering his second term as358 words
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Article185 1989-03-11 2 TRADE AND INDUSTRY Minister Brigadier-General (Res) Lee Hsien Loong said yesterday that the success of the omnibus Singapore Federation of Chambers of Commerce and Industry would depend on its ability to breed a "culture of collaboration". Speaking at the swearing-in of the Singapore Chinese Chamber185 words
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160 1989-03-11 2 DISK DRIVE MAKER Seagate Technology has expanded its line of products with the introduction of "intelligent" disk drives. These drives, which form the STIS7A series, will be made at the company's Kallang Bahru plant using printed circuit, boards produced at its .Senoko facility. Basically, the160 words
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Article286 1989-03-11 2 i Seminars and S HF2 Cahners Tel *****13 Courses J Exposition Tlx RS ***** x Group Fax: *****66 > Mar 13 Automation in Pneumatics, Singapore Singapore *****88 Electro-Magnetics Polytechnic Polytechnic Programming logic Controller Mar 13-15 Report Writing for The British The British *****11 Management Council Council Mar 14286 words
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369 1989-03-11 2 SOH TIANG KENG - By SOH TIANG KENG FINANCE MINISTER Or Richard Hu said last night that Asean countries "are still very much uninsured*' and insurance development has yet to catch up with economic development. Speaking at the inauguration cocktail party369 words
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Article, Illustration273 1989-03-11 2 RESPONSE to the new fitness centre at Changi International Airport has been so good that the centre's operator will tender for the second one planned at Terminal Two. Oberoi Services Pte Ltd, part of the India-based Oberoi Hotel group, won the tender for the273 words
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Article, Illustration373 1989-03-11 2 LEE HAN SHIH - By LEE HAN SHIH THREE RENT-CONTROLLED houses, one by the Singapore River and two near Anglo-Chi-nese School, stole the show at an auction yesterday. The auction, organised by property consultant Colliers, played to a full house at the Excelsior Hotel's Silver Room. About373 words
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Article198 1989-03-11 2 A SINGAPORE trade mission has returned from Japan with good business contacts that could generate more than $40 million worth of deals for its members over the next three j years. The team, from the Singapore Manufacturers' Association. was led by its executive director198 words
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Article725 1989-03-11 2 AT CONVENTIONAL WHARVES Kolmionton 1 19/10 II 03/000 1103/2300 M Bibocvt M 1100/2100 1303/0600 VMNI Bvrth Arrival Departure M*goti Saroyo Smor Mago Jl J3 II03/1300 1103/1800 1400/0600 1203/0600 KEPPEL WHARVES SfCJO Ton* JI2 IS II *****0 1103/1530 II 00/1800 1203/2300 ko Ac* KI9 olongtid* II 03/2300 IMo*725 words
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Article216 1989-03-11 2 THE SINGAPORE Labour Foundation's surplus rose sharply to $15.1 million for the financial year 1987/88 from $1.79 million. According to its latest annual report the increase in the surplus was due primarily to gross dividends from its subsidiaries, which amounted to $13.9 million. The surplus216 words
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Article71 1989-03-11 2 THE HOUSING and Development Board reminded HOB residents that the new one-dog ruling came into effect yesterday. Under this ruling, only one dog of a breed approved by the Primary Production Department is allowed per flat. Those who break the ruling can be fined up71 words
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Page 2 Miscellaneous
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Miscellaneous67 1989-03-11 2 wm m R Mai/ Not* Mln <°C) 26/14 Cloudy 07/02 Cloudy 15/07 Cloar 29/18 Ooor 31/21 Gaor unav 15/02 CW 18/12 Cloudy 12/05 RaJn 08/06 Rain 24/06 Cloar 16/14 Cloudy Montroal Moscow Ncmovj Now Do (hi Now York Nicosia Oslo Pari* Porth Rio Jonoiro Romo Son Fris'co San Juan Sontiago67 words
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OVERSEAS
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505 1989-03-11 3 UPI THE WHITE HOUSE and Congress took their first high-level steps towards a budget agreement on Thursday as new projections showed President George Bush may have underestimated the federal deficit by as much as US$4O billion next year and US$97 billion in fourUPI - 505 words
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Article1020 1989-03-11 3 ARRIVALS Operator S«rvfc* local From numbor tkn« UAL QAL UA97 0010 LAX/NUT OA471 0015 ATH MAS MH601 0110 KUL SU SQ11 0115 LAX/N8T CAl 0333 0405 TPt SU SQ401 0600 CMS su SQ41 0610 MAA MAS MH603 0720 KUl MAU SU MK746 0725 MRU SQ23 0730 AMS/BOM1,020 words
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Article346 1989-03-11 3 IHT BUSINESS TRAVELLERS in the US are taking shorter, more frequent trips and expect to accomplish more than they did 10 years ago. They experience both a higher level of stress and a heightened sense of fulfillment, of excitement. These are the findings ofIHT - 346 words
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128 1989-03-11 3 Reuter BRITISH Prime Minister Margaret Thatcher has stressed UK's determination to fight inflation and defended its policy of using high interest rates to cool an overheating economy. Speaking just five days before UK's annual budget is announced. Mrs Thatcher emphasised her commitment toReuter - 128 words
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423 1989-03-11 3 AFP WEST GERMAN carmaker BMW criticised the Japanese car industry's obsession with exports on Thursday, saying it distorted world trade and reinforced protectionist tendencies in the United States and Europe. "The Japanese have a misperception of free trade. They mean exports," BMW-Japan CorpAFP - 423 words
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401 1989-03-11 3 Reuters TAIWAN'S Cabinet on Thursday passed a record deficit budget that calls for huge increases in government spending, in spite of fears that inflation is running out of control on the Nationalist Chinese island. The budget for the 1989-90 fiscal yearReuters - 401 words
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Article281 1989-03-11 3 Reuter AFP THE US SENATE, in a sharp blow to the fledgling George Bush presidency, rejected John Tower as Defence Secretary on Thursday, ending a partisan battle marked by personal bitterness and unusual acrimony. Mr Tower turned down 53-47 in a largely party lineReuter; AFP - 281 words
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222 1989-03-11 3 AFP CAPITAL INVESTMENT by Japanese industries is expected to jump 18.8 per cent in the current fiscal year, and 8.4 per cent in the next fiscal year, a leading bank said. The Japan Development Bank said in a survey report released on ThursdayAFP - 222 words
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Page 3 Advertisements
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Advertisement39 1989-03-11 3 The business person's choice every Tuesday, Thursday, Saturday and Sunday. Leaving Changi Airport at 22:05 hours and arriving Heathrow early the following morning. Call your Travel Agent or Air Canada at 7J*****. A BREA TH OF FRESH A /R39 words
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Advertisement14 1989-03-11 3 N E4 U -i y r •-1, ,/j *r.?» >v **V v«>" Roy Eastern14 words
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Page 3 Miscellaneous
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Miscellaneous64 1989-03-11 3 Doonesbury LATER IN THE-DAY, THE AUTHORS GU/LP REI&&EV J A STATEMENT CONDEMNING STATESPONSOREP BOOK REVIEWS... AND IN A SHOW OF SOLIDARITY FOR THEIR HIT-USTEP PEEfiS, SEVERAL MEMBERS READ PASSA6ES FROM THE SARU UJORtS OF JONS, KORDA AND SHELDON. BY GARRY TRUDEAU IN A RELATED DEVELOPMENT, THE FIRST (OOULPBE ASSASSIN HAS64 words
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MONEY AND EXCHANGES
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Article1366 1989-03-11 4 CURRENCY FUTURES OPTIONS Friday, Mar 10, 1989 DEUTSCHE MARK (SIMEX) Apr M ca Ka Apr SS putt 1 Hl#l Low Salt High Law Satt 54 45A 44 55 318 30 978 95 97 56 11 57 3 Jum 88 Ml High Low to Sad Mm 88 pu* MM 11,366 words
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Article217 1989-03-11 4 IMM currency futures clunfl to session highs on Thursday. ending a lacklustre session with moderate gains. Traders reported extremely light dealings ahead of the release of US February labour data due yesterday at 1330 GMT/0730 CST. "It was tough getting through this day," a mark futures trader said. Action217 words
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Article254 1989-03-11 4 ASIAN DOLLAR deposit rates ended at their opening levels in quiet trading as operators await the US February employment data due at 1330 GMT yesterday, dealers said. Term rates were steady to slightly higher at the outset but remained unchanged in subsequent trade. One month closed at254 words
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Article516 1989-03-11 4 BA Futures JUNE Eurodollar futures opened three ticks lower on Simex yesterday than the previous close at 89.56 on a softer US treasury bonds cash market. Trading was sluggish as dealers were not prepared to establish new positions ahead of the US Feb unemployment data due later last night.BA Futures - 516 words
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Article621 1989-03-11 4 HONGKONG: Gold closed slightly higher yesterday on support by local speculators, dealers said. They said selling from US and Far East investors were quickly absorbed by local traders and prices were pushed over US$395 Dealers said the market lacked fresh factors and the metal would trade between US$39O621 words
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Article, Illustration799 1989-03-11 4 SINGAPORE: Th« US dollar traded between D-mark 1.8598/ 1.8570. yen 129.08/128.83 and sterling 1.7283/ 1.7198 yesterday as the market awaited the release of US February employment numbers. The US Senate s rejection of John Tower as Defence Secretary coupled with Central Budget Office estimates putting the FY 1990799 words
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Article67 1989-03-11 4 THE OVERNIGHT RATE on the Singapore money market rose by 1/8 point to close at 4-3/4 per cent yesterday. The twomonth rate rose by 1/16 point, while one and three-months were unchanged. S$ In terbonk rotes at ft* dose yesterday: I owe MO OiW<1/4 4 1/2 i s67 words
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Article109 1989-03-11 4 Treasury bills Period Issue Yesterday's dosing Day's code Maturity ftID OFFM HK» LOW 3 wmiiht BQ*****F 8.06.89 3.83 3.78 6 months 8SB9100N 17.08.89 3.87 3.82 1 year BY*****H 23.11.89 3.92 3.87 Government notes and bonds Period Issue Maturity Coupon Yesterday's closing Day's code rate KID OfFH HtGH109 words
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Article194 1989-03-11 4 Interbank market rates (offer/bid) on Mar 10 us$ DM SWFC Y«n 7 doyt 3/4 ia a/4 ia s/a 3 13/13 11/10 3 3/4 S 3/0 4 3/16 4 1/16 1 mth IS/10 u/u ia 13/14 13/16 6 1/4 6 1/0 3 7/0 3 3/4 4 13/16 11/16194 words
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Page 4 Advertisements
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Advertisement177 1989-03-11 4 Malaysian Tobacco Company Berhad NOTICE OF MEETING NOTICE is hereby given that the THIRTY-SECOND ANNUAL GENERAL MEETING of Malaysian Tobacco Company Berhad will be held at the Ballroom, Hotel Equatorial, Jalan Sultan Ismail, Kuala Lumpur on Wednesday, 12th April 1989 at 11.30 a.m. for the transaction of the following business:—177 words
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BANKING AND FINANCE
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588 1989-03-11 5 Reuter CHICAGO'S futures exchanges have taken steps to harden the penalties for illegal trading activity since a federal undercover investigation into improper dealings made headlines nearly two months ago. A federal grand jury has yet to make any indictments after weeks of hearingReuter - 588 words
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Article151 1989-03-11 5 COMMONWEALTH Bank of Australia has acquired the remaining 49 per cent stake in Australian European Finance Corporation Ltd (AEFC), which ranked among the top five merchant banks in Australia. William Foxlee, the general manager of the bank's Singapore branch, said the Commonwealth Bank saw AEFC as151 words
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199 1989-03-11 5 Reuter THE CHAIRMAN of the US taxwriting House Ways and Means Committee, Dan Rostenkowski, sharply questioned White House assumptions about interest rates contained in President George Bush's budget proposals. "I have a hard time believing that if you were planning long-term investment for a privateReuter - 199 words
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Article231 1989-03-11 5 AFP AUSTRALIA'S Westpac Banking Corporation says it is exploring joint venture investment opportunities in Indonesia. Managing director Stuart Fowler told the Securities Institute of Australia yesterday that the bank was "looking closely at opportunities in Thailand and Indonesia". Westpac finance company subsidiary Australian Guarantee Corporation LtdAFP - 231 words
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239 1989-03-11 5 INDONESIA'S oldest merchant bank. P T Indonesian Finance and Investment Company (IFI), yesterday made its debut in the Asian dollar market by raising US$25 million through a note issuance facility (NIF). The proceeds of this threeyear NIF will be used by the bank, which239 words
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386 1989-03-11 5 INFLATION IN WESTERN WORLD PIVOTAL FACTOR Reuter THE WORLD gold market will see a period of fragile stability in 1989 with prices expected to average around US$4lO an ounce over the year as a whole, according to broker Shearson Lehman Hutton Inc. The firm'sReuter - 386 words
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477 1989-03-11 5 Reuter IRAQ HAS mandated Midland Montagu and Gulf International Bank (GIB) to arrange a £386 million loan package that will help finance Baghdad's post-war economic recovery. The mandate stems from an Anglo-Iraqi trade protocol, signed in November, which this year willReuter - 477 words
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66 1989-03-11 5 Reuter THE GOVERNOR of the Bank of England urged British lenders on Wednesday to deal cautiously when giving credit to consumers, who face increasing debt payment problems with higher interest rates. "Higher interest rates are bound to cause more widespread difficulties." said Robin Leigh-Pemberton, addingReuter - 66 words
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COMMODITIES
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Article239 1989-03-11 5 Chinese Produce Exchange 110 FOB NSW 1074.00 A-1 So per 241 BWP FOB NSW 909.00 A-1 Special 243 Sellers noon dosing prices on Mar 10 (S$/100 kg) Gambier C-1 Special C-1 Ord unq unq Coconut oil Bulk FOB 108.00 FOB NSW FAMA 180.00 Loonzoin Rice Old drum FOB239 words
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Article266 1989-03-11 5 London Commodity Exchange Buyer/Seller closing prices on Mar 9, (£/tonne unless specified). Previous closing prices in parenthesis. Coffee Basis In-stor* London, s«ll«rs option CIF London Mar 1180/85 (1188/90) High/Low 1196/90 May 1166/67 (1167/69) High/Low 1180/58 So lei (2985) Cocoa Mar 841/843 (849/850) High/Low 852/843 May 859/860 (865/866) hBgh/Low266 words
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Article271 1989-03-11 5 RAS prices m 8 MnMg, FOB m bmim I NOON CLOSE Buyers S*H«rs Bwyors Seller* tnt 1 RSS Prompt 198.00 199.00N 200.00 201.00 bit 1 RSS Apr 89 200.00 201.00N 201.50 202.50 Wrt 1 RSS May 200.00 201.00N 201.75 202J 5 bit 2 RSS OP 193.50 195.50N271 words
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Article193 1989-03-11 5 Soybean Wheat SOYBEANS closed higher but off session highs on a wave of professional buying on the Chicago Board of Trade on Thursday. Old and new crop contracts surged on Refco buying about 8.0 million bushels total of May. July and November. Although thought to be shortcovering, Refco's business may193 words
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Article203 1989-03-11 5 SINGAPORE: Rubber prices ended lower with April 1 RSS buyer quoted at 201.50 cents a kg yesterday. Values fluctuated narrowly during the afternoon session in quiet trade on a lack of fresh factors. On the TSR-20 Award market, prices eased in line with 1 RSS levels in moderate trade.203 words
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Article75 1989-03-11 5 (canh/kg) RAS APRIL 1989 (currant month) NOON fat— MAY 1989 (forward month) NOON S#U#ft SS* 30 SSi 50 MRELB 162 00 180.00 184.00N IS3.00N 183.00 180.00 8wy«rt 184 00N 183.00N S«H«r» SMt cv SMB I SMt 5 SMt Of SMI 10 SMt 30 SMt 50 394.00 393.5075 words
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Article162 1989-03-11 5 Telerate FUEL OIL PRICES edged up slightly yesterday on the back of deals done between US$76 per tonne and US$7B per tonne fob Sing for March CST-180 lots. Sentiments were mixed and general expectations were for current levels to trend upwards gradually. A major sold aTelerate - 162 words
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Article236 1989-03-11 5 RENEWED scattered buying pushed the KLTM pries up 23 cents to a nsw thrse-yssr high of M 524.63 yssterday. Ths pries has rissn tor six consscuii¥o iraaing aays "Ths pries could havs gons higher H not tor ths csuttousnsss of bidders dus to s slight Incrsass of dlspossts236 words
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Article390 1989-03-11 5 MALAYSIAN CRUDE PALM OIL FUTURES finished slightly steadier on the KLCE yesterday following a stronger cash market. Dealers said the market sentiment was again boosted by the higher Chicago Board of Trade overnight and sharp gains on the global oil market. However, they added that gains were trimmed390 words
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Page 5 Advertisements
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WORLD MARKETS
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451 1989-03-11 6 Shareholders to vote on doubling of statutory capital Reuter DUTCH ELECTRONICS group NV Philips Gloelampenfabrieken is to seek permission from its April 12 annual meeting to bolster its anti-takeover defences. It said it would ask shareholders to vote on a proposal to almost doubleReuter - 451 words
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Article, Illustration582 1989-03-11 6 Reuter AB VOLVO, the biggest company in Scandinavia and flagship of Swedish industry, could become a target for a foreign predator, at least in the medium term, some analysts believe. Volvo dismissed the speculation. But analysts said Volvo appeared toReuter - 582 words
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Article, Illustration355 1989-03-11 6 Reuter EASTERN Airlines has filed for bankruptcy protection in an apparent bid for time to try to end a union walkout that has grounded the 63-year-old US airline. Its leaders said Thursday's action was not a death warrant for the nation's seventh-largest air carrier.Reuter - 355 words
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349 1989-03-11 6 FT THE £3.2 billion takeover battle for Consolidated Gold Fields has moved into another phase as the UKbased natural resources group produced a defence document which did not put an asset value on its shares but gave shareholders and analysts data from which to drawFT - 349 words
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Article1560 1989-03-11 6 Reuter MILAN: Italian share prices closed the week slightly higher yesterday, boosted by strong demand tor bank stocks and bargain hunting on blue chips. But brokers said the market's tone remained weak due to concern about the government's plans to cut the budget. The MIB index edgedReuter - 1,560 words
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Article, Illustration845 1989-03-11 6 New York Reuter AIRLINE STOCKS and special situations were the primary focus in an otherwise listless trading day on Wall Street on Thursday. The anticipated release of February employment data yesterday kept many investors cautious. A strong number could prompt further rate rises. A Reuters pollReuter - 845 words
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Article, Illustration965 1989-03-11 6 London Reuter LONDON share prices were mixed with a firmer bias in quiet early business yesterday with market participants cautious ahead of the UK budget on March 14. Dealers said a slightly weaker close on Wall Street had little effect on sentiment but added that US employmentReuter - 965 words
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Page 6 Advertisements
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Advertisement361 1989-03-11 6 NOTICES IN THE MATTER OF THE COMPANIES ACT, CAP. 90 AND IN THE MATTER OF PAWFAR ENTERPRISES CO PTE LTD (IN MEMBERS' VOLUNTARY LIQUIDATION) NOTICE OF FINAL MEETING NOTICE IS HEREBY GIVEN pursuant to Section 308 of the Companies Act, Cap.so, that a Final Meeting of the members of the361 words
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REGIONAL MARKETS
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Article, Illustration1352 1989-03-11 7 Hongkong HONGKONG investors' mood turned to caution yesterday in advance of a key US economic indicator, sending turnover on the local bourse lower and pushing the stock indices down, brokers said. "The market was significantly weaker on worries that the US jobs data might1,352 words
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Article167 1989-03-11 7 THE SECURITIES Exchange of Thailand Index rose 1.61 points to 434.87 yesterday on a turnover ot 7,367,000 shares worth 778.15 million baht. Reuter MAR 10 1AMT Ao Kham Thai 444 30 Ayudhya Invastmant 36.50 unch Bangkok Agro-lnd Bftnokok Btnk 106 277 unch unch Bank Of Ayudhya 362167 words
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Article184 1989-03-11 7 Reuter THE NEW ZEALAND share market closed the week on an inconclusive note yesterday, with low volumes and lack of investor interest making for a very unexceptional day. The Barclays Index firmed 2.77 to 1,963.77. Brokers said the market was evenly poised awaiting Wall Street's reactionReuter - 184 words
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Article448 1989-03-11 7 Reuter TAIWANESE share prices closed broadly lower yesterday after successive waves of bargain-hunting and profit-taking set the index wobbling for most of the day, dealers said. The weighted index dropped 44.06 points, or 0.5 per cent, to close at 7,383.48 compared with Thursday's 7,427.54 finish and a highReuter - 448 words
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Article155 1989-03-11 7 Reuter BULLISH sentiment yesterday pushed Manila shares up in all sectors at the end of a hectic week that saw an active shift in funds from oils to mining and commercial/industrial issues, dealers said. The Manila stock exchange composite index rose 11.30 points to 929.13, or closeReuter - 155 words
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Article198 1989-03-11 7 Reuter BOMBAY share prices soared on heavy speculative buying yesterday to close with big gains but below the day's high as institutions took profits. Brokers said sentiment was bolstered by reports that company results were likely to show sharp improvements this year. "The market's very sensitive toReuter - 198 words
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Article, Illustration605 1989-03-11 7 Tokyo Reuter THE CLOSELY watched 225-share Nikkei index ended firm on late buying yesterday, after staying below Thursday's close for most of the day. Much of the late buying was arbitrage with index futures. Trading was featureless, unmarked by bullish news. "People are heading to the sidelines,Reuter - 605 words
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Article, Illustration545 1989-03-11 7 Australia Reuter AUSTRALIAN stocks pushed slightly higher yesterday as the continuing climb in the domestic dollar and interest rate worries dogged the market. By the finish of floor trading, the All Ordinaries Index was 2.3 points up at 1,488.4. Brokers said overseas investors stayed away with theReuter - 545 words
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Article, Illustration702 1989-03-11 7 Reuter TRADITIONAL British bastions are falling to Japan as the Asian economic giant prepares for the European Community single market in 1992. The fast growing list of recent Japanese deals and acquisitions in Britain ranges from golf courses in Scotland and the London headquartersReuter - 702 words
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Page 7 Advertisements
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Advertisement69 1989-03-11 7 The Seoul market was closed yesterday GET THAT JOB! THE JOB SEEKER'S GUIDE provides you with comprehensive, practical, step by step guidance on the entire process of job hunting. Features research on the prospective job and employer, r6sum6, letter of application, job interviews, common questions asked and checklist for that69 words
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Advertisement314 1989-03-11 7 ft u± (Incorporated in the Republic of Singapore) ANNOUNCEMENT I Unaudited results of the Group's operations for the six months ended 31st December 1988 are as follows: GROUP TURNOVER OPERATING PROFIT after charging i) Interest on borrowings (ii) Depreciation INVESTMENT INCOME PROFIT BEFORE TAX AND MINORITY INTEREST lax PROFIT AFI314 words
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SES
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Article, Illustration1113 1989-03-11 8 ANDREA BORCH - by ANDREA BORCH HOTEL AND PROPERTY stocks dominated trading yesterday following reports of impending sale of properties, both in Singapore and Malaysia. The announcement that Standard Chartered Bank would invite bids next month for its Battery Road building stimulated1,113 words
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Article126 1989-03-11 8 Company RIGHTS ISSUE S Steamship (SSCO) Non-renounceoble rights offer of 46.0m Steomers Maritime Holding! lid iS'eomers) stores to SSCO stockholders on the bosn ol 1 S'eomers stoi e for every 3 stock units of SSCO ti •Id at $1 20 per Simmk store Susp*ns<on dot*: Feb 16 Books126 words
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Article307 1989-03-11 8 Company RIGHTS ISSUE Ayer Hiiam Tin On* (or-on* $1 10 p*r shor* B«r|oya Corpn On*-for on* $100 por per shore C 1 Holdings 27 null ton loon stocks in th* ratio o1 $3 loan stock lor *v*ry Hv* ordinary shar*s h*ld Causeway Inv Issue of $7.2S2.937 nominal amount307 words
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Article116 1989-03-11 8 KUALA LUMPUR KEPONG BERHAD: 16th AGM at the Registered Office, Wisma Taiko, 1 Jalan SP Seenivasagam, ***** Ipoh, Perak on Monday, March 13, at 12.30 pm. AVIMO SINGAPORE LIMITED: 15th AGM at Leo Room, Marina Mandarin, 6 Raffles Boulevard, Marina Square. Singapore 0103, on Monday, March 20, at116 words
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Article5755 1989-03-11 8 1 MS/89 High Low Tal Code Company Last Sale MAR 10 crVol (•000) Day High Low Last Quote Buyer Seller Qr*s Dlv Dlv C'vr Qr's r Id Net PIE M Cap $mll SESDAQ 187 120 170 70% 110 130 82% 199* 144 92 135 126 122 1145,755 words
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KLSE
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Article, Illustration3419 1989-03-11 9 THE KUALA LUMPUR Stock market ended mixed yesterday as bargain hunting alternated with profit-taking in quiet trading. Price changes were marginal either way. The lacklustre trading was in line with trends in major international markets (Wall Street recorded an overnight 4-point drop as traders kept a vigil3,419 words
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COMPANIES & STOCK MARKETS
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Article, Illustration394 1989-03-11 10 MBT WISMA DAMANSARA and Wisma Perdana, two prime properties at Damansara Heights in Kuala Lumpur, are being offered for sale by their joint owners. Selangor Properties and Malayan Cement. The asking price for the 16storey Wisma Damansara (including some 1.8MBT - 394 words
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Article, Illustration463 1989-03-11 10 MBT DATUK LEE SAN CHOON, the former MCA president, is believed to be behind a company called Majudi which is proposing to acquire a 32 per cent stake in listed Lingui Developments for Ms2o million. The transaction represents a partial divestmentMBT - 463 words
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Article151 1989-03-11 10 TYRE-MAKER DMIB Bhd has entered into separate joint venture agreements with Michelin Aircraft Tire Corporation (MATC) and BFGoodrich Co of the US for its aircraft tyres and instruments and avionics operations. The new joint venture company between DMIB and MATC for aircraft tyres is called Michelin Sime Tyre151 words
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188 1989-03-11 10 THE HONG LEONG group is extending its takeover offer for Apollo Enterprises Ltd by another week to March 17 even as Apollo's directors continue picking up more shares from the open market. In separate announcements yesterday, Apollo directors revealed that they had built188 words
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304 1989-03-11 10 Reuter HONGKONG IS PLANNING not to criminalise insider trading under a new Bill the government hopes will help clean up the stock market. Secretary for Monetary Affairs David Nendick said yesterday that the government would rely on fines and professional sanctions in the BillReuter - 304 words
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432 1989-03-11 10 MAGDALENE NG - Move aimed at expanding group's SEA operations By MAGDALENE NG MORGAN GRENFELL ASIA Holdings has acquired a 50 per cent stake in Hongkong stockbrokerage Ong Securities for "a few million dollars" as part of the group's plans to expand its securities operations432 words
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405 1989-03-11 10 HERMAN PHUA - By HERMAN PHUA AMALGAMATED STEEL Mills Bhd, acting on the Malaysian government's policy on the corporatisation of the securities industry, has bought over Kajang-baaed stock broking firm Apex Securities Sdn Bhd for M 54.5 million. Amalgamated Steel said it had been looking to strengthen405 words
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Article, Illustration241 1989-03-11 10 ALLAN NG - Insider Trading Trial ALLAN NG DEPUTY Public Prosecutor Glenn Knight yesterday criticiaed the defence of making a "mischievous attempt to confuse issues" by producing a legal authority which was irrelevant to the case. Mr Knight, who is the Commercial Affairs Department director, said this at241 words
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394 1989-03-11 10 Bernama THE TROPICAL Veneer Co Bhd (TVC) has announced a scheme of reconstruction to enable it to restart operations on a firmer financial footing. Malaysian International Merchant Bankers Bhd (MIMB), on behalf of TVC and the receivers Ernst and Whinney, said yesterday LongBernama - 394 words
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Article421 1989-03-11 10 MING COURT Hotel Ltd: Group after tax profit of $2.85 million on turnover of $15.02 million for the year ended Dec 31. 1988 The company itself reported net profit of $2.85 million against loss of $3.37 million previously. EPS is 15.74 cents. NTA is $5.34 per share. A421 words
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Page 10 Advertisements
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Advertisement0 1989-03-11 10 }^=\|`+":_~?__>??%*$)<|-/'].;`:0 words
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Advertisement42 1989-03-11 10 Financial Newsmakers ifVi RESTAURANT lrom today onwards, you don't have to pay the earth just to have a view of it. At Chervils on 22nd Restaurant, enjoy a breathtaking view of the Southern islands and a menu and wine list to match.42 words
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Page 10 Miscellaneous
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Miscellaneous23 1989-03-11 10 CIMBOI /A/ TV? 775&/ V rAi* /ris^r&u--*7V#/£-$.. M?W£V* fcW aorcr£7&*/£s, tWC-ty /tA*/A*£* -PlI/T:. /ec/s/ovr<& :r £7ZW£-z T W£V£~&arA */«*&/wr&s OOfifJAA/C?*/ I cO' _^vm23 words
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Executive Lifestyle
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Article, Illustration636 1989-03-11 11 You're your own man but your wardrobe is, well, dying. Still, you don't want to switch from boring to screaming. DICK LEE tells you how to get smart before you fade out with the 80s. FASHIONS in the office aren't supposed to change, but they do.636 words
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Article, Illustration659 1989-03-11 11 BOEY KIT YIN - steel a freezing October v I with BOEY KIT YIN I HAVE COME to the morbid conclusion that some doctors are happiest only when they wielding scalpels on human bodies. Before the world's medical practitioners descend upon me with their antidotes and poisons, let me hasten to659 words
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Article285 1989-03-11 11 MR ROBERT NG, son of property tycoon Ng Teng Fong, and his Hongkong company Sino Land have the dubious honour of being the most featured in the chatty and well-read Lai See column at the back of the business section of the South China Morning Post.285 words
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Executive Lifestyle: Pursuits
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697 1989-03-11 12 SYBIL HOLLOWAY - BRIDGE By SYBIL HOLLOWAY ONE OF THE MOST effective weapons used by the bridge expert is the loser on loser technique Average players often fail to spot it but they will benefit considerably if they learn to apply the technique in their day-to-day697 words
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SHORT TAKES
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Article614 1989-03-11 12 HIS FANS shout their throats sore and behave like teenyboppers at a rock concert. except that they are middle-aged women. So when actor-einger Ryotaro Sugi was presented with a Certificate of Commendation by Japanese Ambassador Miyake on Thursday for his successful Singapore concert the night614 words
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Article, Illustration205 1989-03-11 12 DICK LEE - FASHION DICK LEE GET READY for an invasion from Europe without tanks. Belgium is beginning a new lease of life as a fashion centre with Antwerp as the focal point. Already two designers are making headway in the fashion game, and this season sees the introduction205 words
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Article262 1989-03-11 12 SAMUEL EE - ty SAMUEL EE PARALLAX of Paris, by Paris. Philippe Paris, that is, who introduced the Parallax label to Singapore. Conceived seven years ago, it appeared here only late last December. At the preview of its 1989 Spring/Summer collection at a local hotel last Friday, men's262 words
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Article400 1989-03-11 12 AP IT'S A DESIGNER'S JOB to make good clothes. Creative genius is another thing. There are lots of nice clothes on the Milan runway this week where the Italian fall-winter 1989-1990 ready-to-wear collections are showing. But it wasn't until the shows of Gianfranco Ferre andAP - 400 words
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Article, Illustration595 1989-03-11 13 DICK LEE - Compiled by DICK LEE NEW IN TOWN Claude Montana 02-28 The Shopping Gallery Hilton International Hotel Orchard Road (Official opening: March 22) At last. Singapore's own Claude Montana boutique. Montana has been dubbed the heir apparent to Yves St Laurent as the595 words
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Article819 1989-03-11 14 N K YONG - Q^neJjh Bv N K YONG WOMEN through the centuries have played major roles in wine, as producers, wine makers, wine writers, wine merchants, and wine tasters. In town recently were two French ladies, who between them exemplify the history of women in wine. Madame819 words
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Executive Lifestyle: Entertainment, the Arts & Pursuits
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481 1989-03-11 15 NYT CHILDREN SUFFER when their parents engage in extra-marital affairs, even when the parents succeed in keeping the affairs secret, therapists and sociologists in the US are finding. While an affair is taking place children sense that the parent is expending emotional energy outside theNYT - 481 words
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Article, Illustration468 1989-03-11 15 MARY ROSE GASMIER - HEALTH By MARY ROSE GASMIER SINGAPOREANS are terrified of failure, according to a psychiatrist whose job is to take care of "sick" companies. Such "patients" these days vary from multinational corporations with more than a thousand employees to small enterprises with about 50 workers.468 words
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Article, Illustration366 1989-03-11 15 FOOD THE FOOD TEAM IT'S NOT as the head hunters have it but the "taste of Sarawak" at the Marina Mandarin is definitely a treat for the taste buds. The mini menu served at lunch and dinner till March 23 at the BrasserieTHE FOOD TEAM - 366 words
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Article, Illustration478 1989-03-11 15 HARISH MEHTA - TRAVEL By HARISH MEHTA SARAWAK is stunning in more ways than one. In the good old days, headhunters stunned their victims; in these modern times the stunners are the svelte dancers. The threat from chopperhappy head-hunters has now become largely academic and at their478 words
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Article, Illustration985 1989-03-11 15 JUANITA SHAKILA - Young on *****68. Compttad by JU ANITA SHAKILA JUANITA SHAKILA CINEMA: A Flah Callad Wanda starring John Cleese, Jamie Lee Curtis and Kevin Kline. Now showing at Cathay: 11; 1.30; 4; 6.30; 9.30. and at Marina 1: 1; 3.30; 7; 9. Working Qlrl starring Harrison Ford. Sigourney Weaver and985 words
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Article, Illustration701 1989-03-11 16 STEVEN PAK - By STEVEN PAK "HUH, that crooked devil! Really no need (or Lee Kuan Yew to attend his funeral! Isn't it sufficient just to send a Foreign Ministry official?'' Grandma's smug remark in Cantonese two Saturdays ago while reading the Zao Bao s account of Emperor Hirohito's funeral701 words
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486 1989-03-11 16 SAMUEL EE - TELEVISION By SAMUEL EE MOST OF the British fare we get deal with class differences alien to us but essential to the makeup of the sit-com. Square Deal (Ch 12, March 14. 9pm) does belie some of this social tension but it is486 words
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Executive Lifestyle: Sports
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408 1989-03-11 17 JEROME FANDOR - orT With JEROME FANDOR With JEROME FANDOR THE 5-MAN equestrian team from Singapore beat the overwhelming favourites, Japan, in a one day friendly competition in Koahsiung, Taiwan on Wednesday. Invited for the show-jumping competition organised by the Republic of China Marine Corps Modern Pentathlon Association, Singapore408 words
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Article509 1989-03-11 17 THE BEN JOHNSON INQUIRY AP BEN JOHNSON'S coach insisted under stiff cross examination on Thursday that the sprinter knew he was using banned steroids, disputing a lawyer s portrayal of Johnson as an impressionable youth influenced by his coach. "He was acutely aware ofAP - 509 words
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195 1989-03-11 17 GOLF BRITON Tony Charnley and long-hitting Swede Anders Forsbrand shot 5-under-par 67 on Thursday to share the first round lead of the US$4OO,OOO Baleares Open golf tournament. Charnley's only bogey of the round came on his last hole, the 440-yard par-4 ninth when195 words
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Article, Illustration483 1989-03-11 17 CHARLES SAVAGE - By CHARLES SAVAGE NOVICE OR IRON MAN (or woman), about 12.000 keen joggers and runners will be burning their shoe rubber this Dec 3 in the third biennial Mobil Marathon. Starting at Kallang stadium, they will wind their way around the East Coast to483 words
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Article, Illustration314 1989-03-11 17 TENNIS AFP EIGHTH-SEEDED Soviet Andrei Chesnokov crashed out of the U*****,000 Eagle Classic tennis tournament in Arizona on Thursday while top seed Ivan Lendl waltzed into the quarter-final round. Chesnokov, ranked 19th in the world, fell to unseeded Yugoslav Goran Ivanisevic 4-6, 6-3,AFP - 314 words
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Article116 1989-03-11 17 SEA GAMES Bernama INOONESIA is confident of collecting 80 per cent of the 300 gold medals up for grabs in the 15th Southeast Asian Games in Kuala Lumpur in August. Secretary-general of the Indonesian Olympic Council Mohamad Sarengat said on Thursday that Indonesian athletes beganBernama - 116 words
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300 1989-03-11 17 BASKETBALL UPI THE BOSTON CELTICS, minus all-star forward Larry Bird for most of the season, let the Chicago Bulls feel how life is without their own superstar. "It gives them a taste of what it's all about to be without your heart and soul,"UPI - 300 words
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Executive Lifestyle: Personal Investment
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Article, Illustration1278 1989-03-11 18 ROSIE TAN - SINGAPORE STOCKS By ROSIE TAN DAVID FULLER went straight from military life to the world of stocks and shares for only one reason: to make money. When he left the army as a very young man, he sold his1,278 words
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Article, Illustration677 1989-03-11 18 ANDREA BORCH - FLOORLESS TRADING BECinnER'5 By ANDREA BORCH THE STOCK EXCHANGE S trading floor is now a memory. With the end of trading on Thursday, the Stock Exchange of Singapore officially closed the doors on the past the trading floor and traditional open-outcry system677 words
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791 1989-03-11 18 WALL STREET NYT STOP LISTENING to professionals, says Peter Lynch. Small investors. he insists, can do better in the Wall Street jungle than they think. To emphasise his point, he has written a book called One Up On Wall Street,NYT - 791 words
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639 1989-03-11 18 CHARLES CHOW - mm By CHARLES CHOW AFTER closing at $1.22 on Tuesday, Hotel Tai-Pan has been suspended from trading for three days. So far, there has been a lot of smoke but no fire. The company has kept mum about639 words
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Article, Illustration256 1989-03-11 18 Tsang; Ong Stockbrokers - »>y Tsang Ong Stockbrokers WE BELIEVE the market has further upside within the next two weeks, given the positive technical readings and strong fundamental support. Sentiment continues to be supported by strong corporate earnings growth ranging from 30 to 50 per centSource: Tsang & Ong Stockbrokers - 256 words
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Executive Lifestyle: Perspective
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Article291 1989-03-11 19 SAID ABDULLAH - By SAID ABDULLAH CAN A BOOK, nay a convoluted novel, and a fantasy at that, by one man draw such a deadly reaction, shake the belief of a billion people who are firmly anchored to a religion established for 1,500 years? Is Islam so intolerant that it cannot stomach291 words
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Article762 1989-03-11 19 S GOPALAKRISHNAN - letters to the Editor S GOPALAKRISHNAN Dear Sir, In view of its topical relevance, I am enclosing some thoughts on the subject of a consumption tax: The Hon Minister of Finance in his Budget speech has indicated that it would be necessary to introduce in762 words
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Article256 1989-03-11 19 JOHN KEATS - JOHN KEATS Dear Sir, I refer to Mr DW Distant's letter on Jan 28 1989 urging Singapore banks to consider a fiveday week just because banks in America, Europe, the UK, Australia and soon, Japan, do it. I, for one, certainly hope that Singapore banks retain256 words
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284 1989-03-11 19 CORPORATE MANAGER - CORPORATE MANAGER Dear Sir, As a corollary to the proposed reduction in corporate rate to 32 per cent, "any dividends paid on or after Jan 1 1989 would carry a credit of 32 per cent". Some dividends would have been paid284 words
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Article125 1989-03-11 19 D W DISTANT - D W DISTANT Dear Sir, In Singapore today, listed companies have shareholders whose occupations range from hawkers and taxi-drivers to executives and company directors. Yet at Annual General Meetings you will probably see only the company's own directors, auditors and retired people. Since these125 words
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87 1989-03-11 19 S GUNAWAN - S GUNAWAN Dear Sir, It will be certainly be very much appreciated by BT readers outside Singapore, especially those in South-east Asia, if you could have in BT a daily Singapore market report of the USS against the major Asian currencies.87 words
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Article, Illustration813 1989-03-11 19 years. Many serious un-biased historians of Islam have acknowledged the authenticity of the recordings of the message during Muhammad's lifetime. The Holy Book of Islam is loved by Muslims. But more than that, it is obligatory on every Muslim to love and respect (not worship) Prophet Muhammad more813 words
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Article499 1989-03-11 19 on •——J Qatuiidiui 11TH MARCH, 1989 SCORPIONS must be one of the most unloved of all creatures that walk the face of the earth Only do snakes compete with them for the vile distinction of being bereft of the saving graces that make animal creations endearing499 words
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Article, Illustration415 1989-03-11 20 BOEY KIT YIN - By BOEY KIT YIN LOOKING RELAXED. Malaysia's Deputy Prime Minister Ghafar Baba began his two-day visit to Singapore yesterday with a wave to a large group of local and Malaysian journalists waiting at Changi Airport's VIP Complex. Mr Ghafar was whisked straight from his415 words
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586 1989-03-11 20 ANNA TEO - Lester campaigned for client's cause outside courts, says government by ANNA TEO THE GOVERNMENT has barred Queen's Counsel Anthony Paul Lester, who argued detained lawyer Teo Soh Lung's habeas corpus application, from further practice in Singapore for getting involved in domestic politics. A Ministry of586 words
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350 1989-03-11 20 Reuter ECONOMISTS are predicting a whopping 30 per cent jump in Japan s February trade surplus, an increase that would strain ties with the country's trading partners further. "The February number is going to be one ofReuter - 350 words
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168 1989-03-11 20 AFP THE US COMMERCE Department has agreed to monitor television imports from Malaysia and Mexico, complying with a request from Zenith Electronics Corp. The department said there was "reason to believe or suspect that imports of complete and incomplete television receivers from MexicoAFP - 168 words
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349 1989-03-11 20 AFP Reuter THE UNITED STATES will increase assistance to the Cambodian resistance group of Prince Norodom Sihanouk and has pledged continued support for a "comprehensive settlement" to the 10-year-old war in Cambodia, a Thai Foreign Ministry official in Bangkok said yesterday. TheAFP; Reuter - 349 words
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256 1989-03-11 20 AFP THE HONGKONG Futures Exchange said yesterday that it had formed a new clearing house which also has the function of guaranteeing contracts. The Hongkong Futures Exchange Clearing Corp Ltd, a fully-owned subsidiary of the exchange, will come into operation on Monday, anAFP - 256 words
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274 1989-03-11 20 AP WHILE PUBLIC concern in recent years has tended to focus on how imports affect jobs, nearly 4.6 million American workers owe their livelihood to exports, the Census Bureau has reported. One out of eight people working in manufacturing industries is in anAP - 274 words
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432 1989-03-11 20 MARTIN SOONG - By MARTIN SOONG THE NATIONAL Trades Union Congress is studying the idea of starting a labour college to better equip union leaders to work effectively in Singapore's increasingly complex and sophisticated tripartite system. The idea of a labour college was first432 words
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101 1989-03-11 20 Bernama MALAYSIAN Prime Minister Datuk Seri Dr Mahathir Mohamad, who underwent a coronary by-pass operation on Jan 24, has been given a clean bill of health. The director of the Kuala Lumpur General Hoepital, Dr C Fonseka, said in a statement that Dr MahathirBernama - 101 words
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Article92 1989-03-11 20 Reuter COMEX gold futures rallied briefly to four-week highs early yesterday. However producer selling cooled the speculative buying frenzy. April gold retained a gain of US$l.2O at U*****.50 an ounce after being driven back from a high of U*****.20. Comex silver futures posted losses on dealerReuter - 92 words
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LATE FILE
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Article65 1989-03-11 20 AFP PRESIDENT Corazon Aquino yesterday quashed rumours that the government would let the peso depreciate after completing s letter of intent for submission to the International Monetary Fund. Rumours have circulated that currency depreciation is a condition imposed by the IMF as part of the letterAFP - 65 words
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Article53 1989-03-11 20 AFP INDONESIA'S armed forces faction in Parliament cautioned yesterday that the restoration of long-frozen ties with China would take time and need careful preparation. "Don't think that (normalisation) may be materialised within a short time or so," Sundoro Syamsurim, spokesman for the armed forces faction,AFP - 53 words
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Article33 1989-03-11 20 AFP THE BRITISH authorities yesterday cleared the planned acquisition of Inmos Ltd, the semiconductor unit of electrical and retail group ThornEMI, by the French-Italian consortium SQS Thomson Microelectronics. AFPAFP - 33 words
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Article43 1989-03-11 20 Reuter TWO KEY FIGURES in Japan's Recruit share scandal faced new charges yesterday. Tokyo prosecutors brought new bribery charges against former Recruit company chairman Hiromasa Ezoe, and Hiroehi Kobayashi, former chief of the firm's financing arm. ReuterReuter - 43 words
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41 1989-03-11 20 Reuter HANOI, in its latest overture to Beijing, says that it will promote trade with China in the Vietnamese border province of Lai Chau scene of some of the bitterest fighting between the two countries.Reuter - 41 words
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Page 11 Advertisements
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Advertisement166 1989-03-11 11 Fashion news Pages 12 13 *4 v v- > S ite.- i>. a ■M lJ 1 0 ,/5 V4% X A 5 *Sl^ IVI •O Burberrvs'l DAIMARU ISETAN-HAVELOCK. ORCHARD LF. CLASSIQUF. METRO GRANDU C J^^IdEXKTIIF ST <TORt FAR FAST RFPTILF HOI SE FJ REN JAWS CHAW/ AIRPORT GRAND C •HI166 words
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Page 12 Advertisements
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Advertisement29 1989-03-11 12 fc H W' a !JU X 1 < 1 -sBM i|| J| If 11 "lIP I W- KRIZIAUCM© KRIZIA BOUTIQUE 127 129 TANGLIN ROAD, TUDOR COURT SINGAPORE 1024 TEL: *****4129 words
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Page 12 Miscellaneous
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Miscellaneous774 1989-03-11 12 CRYPTIC PUZZLE ACROSS 9 The peevishness I will mollify (3. 6) 10 Does one work with a family for keeps? (8) 12 Debilitates the chumps (4) 13 Returning to Havana a time after is very sad (6) 14 Is the equipment a lot to carry for the vessel? (7) 15774 words
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Page 13 Advertisements
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Advertisement138 1989-03-11 13 IF IT DOESN'T INTEREST YOU, IT'S NOT OUR BUSINESS. Population of 56 faces economic y crisis in f Unlike other international magazines. Singapore Business is the only magazine written for you. the Singapore executive, in mind. In fact, we make it our business that only relevant issues get discussed. Because138 words
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Page 14 Advertisements
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Advertisement795 1989-03-11 14 CALVET > M!*.,, V Where to entertain. MALAYSIAN HIGH TEA ONLY $7.00++ 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.795 words
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Advertisement111 1989-03-11 14 Have a Greek treat It's been called the food of the gods and no wonder! The largest buffet spread of tantalising Greek dishes. Yalantzi Dolmathes (stuffed grape vine leaves), Shish Kebab and Skembe Yahni (tripe stew) are just some of the excellent choices available. If you've never tried Greek cuisine,111 words
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Page 15 Advertisements
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Advertisement241 1989-03-11 15 ft i ft M O Sunday Brunch: A great family outing It's a wonderful way to combine a late breakfast with an early lunch on a lazy Sunday. Sausages, bacon, eggs any way you want them oysters, smoked salmon, tasty entrees, roast... right through to pastries, puddings, fruit salad and241 words
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Advertisement70 1989-03-11 15 CALVET A WAY OF LIFE Calvet Reserve Blanc et Rouge Of all the distinctive cuvees earmarked for the making of Calvet Reserve, only the finest is used. And only after painstaking elimination. The best of Calvet, these super premium bordeaux wines are matured in oak, aged in bottles. An expensive70 words
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Page 16 Miscellaneous
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Miscellaneous1695 1989-03-11 16 SLOTS TO WATCH Strange goings-on at night and scary tales MOVIES A Mid-Summer Night's Dream, Today, Ch 12, 10.15pm The repeat broadcast of this excellent production by the BBC is worth watching a second time. Jonathan Miller is the producer and the cast includes Pippa Guard, Nicky Henson and Helen1,695 words
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Miscellaneous1295 1989-03-11 16 SATURDAY /I-* BBC M.9 mHz In VHF Band II SAM Newshour. 7.00 World News S.OO Newsdesk. 9.30 Personal View. t.45 Recording of the Week, t.OO News Summary followed by Outlook. 9.2S Financial News 0.90 Classical Record Review 0.45 Book Choice, t.45 New Ideas. 10.00 World News. 10.00 British Press Review1,295 words
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Page 17 Advertisements
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Advertisement90 1989-03-11 17 Keep a date with Sevvy Ballesteros in "Play Golf the Sevvy Way every Tuesday in BT BT is not all hard core business and financial news. We take "Sports" rather seriously too. Our writers comb the sporting arena to furnish the well-informed professional with news on golf, tennis, bowling, etc.'90 words
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Advertisement43 1989-03-11 17 KUWAIT AIRWAYS 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: *****0443 words
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Page 18 Advertisements
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Advertisement28 1989-03-11 18 BT welcomes investment ideas and viewpoints from brokers, bankers and other readers. Address all correspondence to: The Editor, Personal Investment, Business Times, 390 Kim Seng Road, S'pore 092328 words
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Page 19 Advertisements
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Advertisement46 1989-03-11 19 BT welcomes letters from readers. Your letters must include your signature, full name, address, and home and office telephone numbers, If any. You may wish to add a pseudonym If you wish. Address your letters to: The Editor, Business Times, 390, Kim Seng Road, Singapore 092346 words
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Advertisement148 1989-03-11 19 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 the necessary steps. Filling the gap148 words
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Page 19 Miscellaneous
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Miscellaneous41 1989-03-11 19 high RBOV£TH£ myijes DRUDGE. Building TUC BLONDINI BROTHERS (SCRFFOLOING To Tm£_ G£NT*y) RRic- OH TetsTej^Hoo<s... p»ReseMDiKJG Vjp Fn PHOTOGRRPneR to some Po&uoTy OF V us PvT HoPe He comes 1 This P»FTeRNCSOfsI Difficult to snniLe LJH6JM TiE£TH ARe CHparej^usiG.... j C'C41 words
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Page 20 Advertisements
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Advertisement177 1989-03-11 20 V V f 1 I Put on this silky soft St Michael's nightdress and see how it flatters your femininity. Made in 100% nyton and trimmed with an alluring lace yoke, the nightdress comes in a flattering full length. Illustrated: Ladies' Crystal Lace Yoke Nightdress Sizes 10. 12, 14. 16177 words
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