The Business Times, 7 October 1989
1989-10-07
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The Business Times
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Title Section12 1989-10-07 1 BUSINESS TIMES MCI (P) 45/12/88 Weekend Edition, October 7-8 1989 75 CENTS12 words
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430 1989-10-07 1 MARTIN SOONG - ROBUST TOURIST SECTOR A PLUS FACTOR By MARTIN SOONG GOOD TIMES are ahead for the play and party industry in Singapore, according to a DBS Bank research report. The report, released yesterday, is bullish about prospects for the leisure and entertainment industry here430 words
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291 1989-10-07 1 THE GOVERNMENT intends to introduce a bill to ensure there is no "mixing of religion and politics", the Minister for Home Affairs told Parliament yesterday. Prof S Jayakumar said the bill, which should be ready when Parliament next sits, will also291 words
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100 1989-10-07 1 A BILL to change the Constitution, allowing the appointment of nominated MPs to Parliament, was tabled in the House yesterday. First Deputy Prime Minister, Mr Goh Chok Tong, submitted the Constitution of the Republic of Singapore (Amendment No 2) Bill for its100 words
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497 1989-10-07 1 MAGDALENE NG - By MAGDALENE NG THE HONG LEONG group's plan to list a new hotel-owning unit in Hongkong and Amsterdam is nearer to fruition with the proposed placement of shares in the unit on a worldwide basis. Sources said yesterday the group's financial adviser for the497 words
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Article131 1989-10-07 1 Yang Razali Kassim - -by Yang Razali Kassim SINGAPORE plans to buy water from Indonesia. Prime Minister Lee Kuan Yew said in Jakarta yesterday after talks with President Suharto. Mr Lee said a feasibility study was being carried out on a plan to pipe water from parts of131 words
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Article102 1989-10-07 1 AFP Reuter UNEMPLOYMENT in the US rose to 5.3 per cent last month, up 0.1 per cent from August, the Labour Department said yesterday. The number of new jobs last month rose to 210,000, compared to 110,000 in August. The September figure would have been 135,000AFP; Reuter - 102 words
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375 1989-10-07 1 MBT BANK BUMIPUTRA Malaysia, the second largest bank in terms of total assets, is expected to report a loss of about Msl billion for the year ended March 31, 1989 and undergo a capital restructuring exercise to eliminate accumulated losses from its books.MBT - 375 words
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Article44 1989-10-07 1 Reuter WALL STREET blue chips yesterday levelled off moderately higher after early gains on soft US jobs data. Bond prices jumped a point on the news. The Dow was ahead 11 at 2784.95 and gainers led declining issues by seven to five.Reuter - 44 words
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Article45 1989-10-07 1 AP LONDON share prices were lower at midday yesterday, but above early morning lows, as a round of institutional bargainhunting supported a generally subdued market. At about 1115 GMT, the FTSE 100-share index was off 14.6 points, or 0.6 per cent, at 2,267.0. APAP - 45 words
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Article, Illustration238 1989-10-07 1 DESPITE a sharp fall in Tokyo share prices, the Singapore stock market surged to a poetCrash high, fuelled by a wave of renewed buying by institutional and retail bargain hunters. The Straits Times Industrials Index roee 8.22 points to 1420.55 while the238 words
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Article163 1989-10-07 1 Stock Indie** Friday ST Musfriais Max 1420.55 8.22 BT CorapotM* Index 1265.31 6.16) NST Industrial Mox 2583.69 (-5.32 HK Hang Sang Max 2826.21 (-I- 23.04) Tokyo NUtl Avarago *****.35 (-313.64) Sydney Ail-Ordlnortos 1773.3 (-0.1 Thursday Now York (Daw Jonot) 2773J5 ("f 2.46 London (FT 30 Max) 1866.2163 words
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Page 1 Advertisements
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Advertisement296 1989-10-07 1 Nikon The Wbrld's Finest Photographic System. y HHHHHHHHHHHH Httflßfei*?' MB. jtww Half a loaf is better than one? Page One ■CMMMitary The rot begins with the symbolism Page Two bwim The white burgundies of Domaine Leflaive Page Four ■Cafes Oscars not that wild Page Five ■Yachts Where business and pleasure296 words
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Advertisement17 1989-10-07 1 Religious Knowledge as compulsory subject to be phased out Dr Tan More stringent controls on tobacco advertising17 words
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Advertisement159 1989-10-07 1 Nikon ThtWbrld'tPlnMt PhotognpNc Sytftm. See BACK PAGE Full report, PAGE 10 World mkts, PAGES 12 and 13 I 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. B. Mr mDtkLgE ■^A«_flU| ■■■■MM159 words
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HOME NEWS
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Article, Illustration596 1989-10-07 2 Il@3SB0Mr m KaMm'Jir. THE TEACHING of Religious Knowledge as a compulsory subject at the upper secondary level will be phased out, and taking its place will be an expanded version of the present Civics/Moral Education programme currently taught in596 words
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282 1989-10-07 2 PARLIAMENT yesterday passed an amendment making it even more difficult for tobacco manufacturers to advertise and promote their products. With the amendment to the Smoking (Prohibition on advertisements) Act passed, the new, more stringent controls will come into force as soon as they have282 words
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Article790 1989-10-07 2 ARRIVALS DEPARTURES Operator Service Local From Operator Service Local For number time number time THA TG407 1225 BKK/HDY MAS MH606 0945 KUL SIA SQ001 1250 SFO/HNL/HKG SiA SQ056 0945 TPE MAS MH641 1300 KCH MAS MH630 1000 BKI SiA SQ107 1305 KUL SIA SQ106 1045 KUL SIA790 words
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147 1989-10-07 2 PARLIAMENT has approved a budget of $177.72 million for the reclamation of 38 ha of land at Marina Bay and Telok Ayer Basin. Commencement of the reclamation work, which is being undertaken by the Housing and Development Board, is due to begin147 words
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IN BRIEF...
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105 1989-10-07 2 FOUR conditions have been laid down to ensure that permanent residents do not buy resale HDB flats for speculative purposes. These flats must be owner-occupied and each family nucleus is only allowed to own one flat. Also, the owners must live in the flats for105 words
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Article192 1989-10-07 2 THE DRUG laws are to be tightened, with the death penalty introduced for the trafficking, manufacturing, importing and exporting of four more drugs. Currently, the death penalty applies only to those guilty of possessing more than 15 gm of heroin or 30 gm of morphine. Amendments to192 words
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Article114 1989-10-07 2 BEGINNING next year, any of the five minority Indian languages can be studied as a second language and offered as a subject in the Cambridge 'O' level examinations. This was announced yesterday by Dr Tony Tan. Minister for Education, in reply to a question by Mr Davinder114 words
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236 1989-10-07 2 IT COST the government £19.364 to place two advertisements in The Guardian and The Financial Times to reply to points made by British columnist Bernard Levin in the June 19 edition of the London Times. The same advertisement was also placed in The Straits236 words
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Article114 1989-10-07 2 JEFFREY TSANG TAN KEE WEE - Reports by J JEFFREY TSANG TAN KEE WEE ALTHOUGH Case has a useful function in society, the government will only support it as long as the consumers' watchdog receives support from its members This stand was stated yesterday by the Trade and Industry Minister, BG (Reservist)114 words
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541 1989-10-07 2 SUZANNE SOH - By SUZANNE SOH JAPANESE RETAILERS are not a threat here. Singapore's retail stores told BT in response to a recent report that anti-Japanese sentiments have been experienced in some Asian countries. The report in a Japanese journal added that a retailers' confederation541 words
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224 1989-10-07 2 THE start-up of a Shell plant which manufactures water-proofing materials means that the oil company no longer needs to import them from the parent company in the UK. With an annual output of 5,000 tonnes annually of Shellkote. the industrial bitumen emulsion plant224 words
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Article112 1989-10-07 2 THE Singapore Tourist Promotion Board will promote Singapore, using traditional Asian arts, to 11 cities in the US and Canada Six experts in fields that are distinctly Singaporean will give the North American media an insight into something of the Republic's true character the exotic112 words
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186 1989-10-07 2 SESDAQ-LISTED Trans-island Bus Services (Tibs) is to go into the taxi business, with its fleet of 200 taxis due to hit the road sometime in the second quarter of next year. Tibs, announcing yesterday that it had won approval for a taxi operation,186 words
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390 1989-10-07 2 GENEVIEVE CUA - By GENEVIEVE CUA EXHIBITORS both buyers and sellers at the International Procurement exhibition which ended yesterday gave mixed views about the results of the show this year. Most of the international procurement offices (IPOs) reported a sizeable volume of offers from suppliers of parts,390 words
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Article88 1989-10-07 2 COMSERTRAC School of Computer Training yesterday signed an agreement with IPACS Computer Services and IBM Singapore to buy computer systems worth about half a million dollars. IBM Application System/400 845, which includes hardware and software, has been installed in the school. The IBM AS/400 is a88 words
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Article85 1989-10-07 2 THE Port of Singapore Authority has awarded a $3.1 million contract to the Canadian Commercial Corporation for the purchase of an information system. The Integrated Surveying and Hydrographic Information System will help to "increase productivity and save manpower by 20 per cent in hydrographic surveying85 words
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182 1989-10-07 2 THE RURAL and Industries Bank of Western Australia (R&l), the biggest financial institution in Western Australia, hopes to set up an offshore branch in Singapore a year from now. The Australian bank, which opened its representative office here on Thursday, plans182 words
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Page 2 Advertisements
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Advertisement26 1989-10-07 2 •mm- V Tl* bMiMM ftamm't dma cmy Tteodby, LONDON CjMymmr Trmmi Agmt or Air CmmJi m TUtSSi. ftCj A BREATH OF FRESH AIR JS* Air Canada26 words
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Page 2 Miscellaneous
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Miscellaneous254 1989-10-07 2 WEATHER^ Global temperatures and weather forecast City Max/ Not. lata afternoon and tarty (®C) mnkig. Ab.rd.on 12/07 Rainy *o 7.30pm or Oct 6 at It* Amsterdam 17/08 Shower* airport: 1 Athens 25/15 Sonny Max temp 29.4 Auckland 17/10 Showers Aeaoc humtdfty 74 Bangkok 32/25 Shower* Mln lamp. 21.1 Beijing 22/12254 words
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FOREIGN NEWS
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Article, Illustration443 1989-10-07 3 AP THE OUTSPOKEN Philippine agrarian reform secretary submitted her resignation to President Corazon Aquino yesterday after her confirmation stalled in a congressional committee because of allegations of misconduct. Miriam Defensor-Santiago offered her resignation in a letter to Mrs Aquino, but there was noAP - 443 words
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318 1989-10-07 3 AFP TAIWANESE Economic Minister Chen Li-an says indirect trade between Taiwan and China could bring both political and economic gains to the Nationalist island. The Economic Ministry would not interfere with indirect commerce conducted by Taipei's private businessmen which had enabled traders to expandAFP - 318 words
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Article62 1989-10-07 3 Reuter THE STOCKMARKET fever gripping Taiwan has had an unexpected side effect a postcard shortage. Government-printed postcards, used by millions of investors to register for share lotteries, are now in such demand that they are traded on a black market. Company lotteries for new shares andReuter - 62 words
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130 1989-10-07 3 AFP TAIWAN'S foreign trade surplus widened to U5510.42 billion in the first nine months of 1989, a 37.1 per cent rise over the same period last year, according to government statistics released on Thursday. The imbalance exceeded the target of US$6.B billion setAFP - 130 words
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Article, Illustration372 1989-10-07 3 Agencies TAKING FULL advantage of the Nobel Peace Prize spotlight, the Dalai Lama immediately fired a verbal double-barrel at China, criticising Beijing for its crackdown on his Tibetan followers and on its own pro-democracy demonstrators. In a statement released on Thursday, justAgencies - 372 words
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Article165 1989-10-07 3 AFP A REVIEW of New Zealand's Business Immigration Policy, which has attracted mainly Asian entrepreneurs, found that the scheme has brought positive economic and social advantages to the country in its three years of operation, Commerce Minister David Butcher said yesterday. The review, by the MinistryAFP - 165 words
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211 1989-10-07 3 Reuter ASIAN COUNTRIES have shifted radically away from dependence on oil over the past two decades by tapping alternative local energy sources. Asian Development Bank energy adviser Vishvanath Desai revealed yesterday that developing countries in Asia had coped better with theReuter - 211 words
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566 1989-10-07 3 ONLY CANDIDATE FOR RULING PARTY PRESIDENCY AP JAPANESE Prime Minister Toshiki Kaifu, in office for less than two months, was assured of two more years in office yesterday when he registered as the only candidate for the presidency of the governingAP - 566 words
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164 1989-10-07 3 AFP THE US trade deficit with Japan accounts for about half of the country total deficit for 1989, Commerce Secretary Robert Mosbacher said on Thursday. The US deficit had been whittled down to between US$lOO billion and US$llO billionAFP - 164 words
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Page 3 Advertisements
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Advertisement50 1989-10-07 3 BIRTH OF A NEW CLASSIC i 4 2 > MS u i,t IL'iim j ■flUl iff' 1 I mm V Jfl m. Mr «^H COM^^^Y jf* MTU tf V IDEAS FROM MASSIMO OSTI C.P. COMPANY BOUTIQUE NTANGS STUDIO (LEVEL 1 SCOTTS SHOPPING CENTRE, SINGAPORE 0922 SOLE AGENT: FIELDSTONE TRADING PTE50 words
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MONEY AND EXCHANGES
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524 1989-10-07 4 REACTIONS TO EUROPE'S INTEREST RATE HIKES AP EUROPE'S interest rates were increased by more than the financial markets had been expecting, and some critics warned that the move would slow economic growth too much. Britain is the most vulnerable to economic and politicalAP - 524 words
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240 1989-10-07 4 Reuter DESPITE a round of interest-rate rises in Europe partly aimed at lowering the dollar, economists believe the US Federal Reserve will not join the fight against the currency by easing its monetary policy. "We don't think the Fed will lower rates,'' said JackReuter - 240 words
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159 1989-10-07 4 AFP JAPANESE Finance Minister Ryutaro Hashimoto said yesterday there was no need for Japan to change its monetary stance following key interest-rate hikes by European countries. Speaking to Japanese reporters, Mr Hashimoto said: "The situation is not such that a change inAFP - 159 words
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Article998 1989-10-07 4 SINGAPORE: The US dollar closed higher on short-covering and institutional buying, after choppy trading and concerted central bank intervention, dealers said. The Bank of Japan, which intervened repeatedly in Tokyo, also sold dollars in Singapore at 142.20/30 yen in early afternoon trade. Dealers here could not confirm Tokyo998 words
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Article284 1989-10-07 4 Reuter MOST IMM currency futures ended lower and near the session lows after a dramatic reversal of early gains Futures rallied early in volatile, fast market trading conditions after the Bundesbank and several other European central banks raised their interest rates. Although the move by the West German centralReuter - 284 words
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Article283 1989-10-07 4 ASIAN DOLLAR deposit rates ended at their opening levels after quiet trading yesterday. Dealers said the market was awaiting the 1230 GMT release of US September employment data for direction. Term rates began steady to slightly lower and remained unchanged. One month closed at 9-1/16 8-15/16 per283 words
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Article555 1989-10-07 4 Reuter EURODOLLAR futures closed mixed on weekend book squaring and ahead of last night s release of US September employment data, dealers said. The market would be watching the employment figures for clues to the health of the US economy and the Federal Reserve s monetary policy, dealers said.Reuter - 555 words
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Article59 1989-10-07 4 THE overnight rate on the Singapore money fell by 1/16 point to 5-3/8 per cent yesterday. Term rates were all 1/16 point higher at 5-3/8. S$ Interbank rates at the dose yesterday: OHB MO 3 3/8 5 1/4 1-mon* 3 3/S 3 1/4 2-«KMh 3 3/S 3 1/459 words
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Article99 1989-10-07 4 Treasury bills Period Issue Yesterday's dosing Day's code Maturity KID OFFER HIGH LOW 3 months BQ*****Z 04.01.90 4.35 4.30 6 months BS*****V 18.01.90 4.28 4.23 4.25 4.25 1 yoor BY*****F 24.05.90 4.38 4.33 Government notes and bonds Period Issue Maturity Coupon Yesterday's dosing Day's code rate BID99 words
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Article, Illustration184 1989-10-07 4 Indicates ths avtragt of ths prim* tending rates of 12 ma|or banks In Singapore Interbank market rates (offer/bid) on Oct 6 US$ DM SWFC Yen 7 doyt 9 1/16 t 13/16 14 7/1 14 3/4 7 15/16 13/16 7 1/1-7 3/1 5 11/1* 9/1* I MX 9184 words
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Article1054 1989-10-07 4 CURRENCY FUTURES OPTIONS Friday, October 6, 1989 DEUTSCHEMARK (SIMEX) 0« M can* D*c M putt 52 53 54 JAPANESE YEN (SIMEX) Dac M call* Dac M puts 71 72 73 75 CURRENCY FUTURES OPTIONS IMM Thursday, October 5 1989 BRITtSH POUND CS2.S00; CMk p*r C strk. Pun»«w« Prtc* OcK1,054 words
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Article168 1989-10-07 4 Gold futures on October 5, 1989 100 troy ounces, USS per troy ounce Opon Htgfc Low SoWo Oct 366 00 366.00 362 80 363.40 -3.60 Nov 363.90 3.60 D*c 371.30 373.00 367.20 367.90 -3.40 fob 91 375.10 376.30 371.50 372.00 -3.60 Ape 379.30 379.30 376.00 376.20168 words
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COMPANIES & STOCK MARKETS
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Article, Illustration428 1989-10-07 5 ELAINE KOH - By ELAINE KOH THE HONG LEONG group and Asia Insurance are putting on the market one of the last major pieces of freehold land in the central business district, a lure which developers here will find hard to ignore. The ?,747 sq428 words
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282 1989-10-07 5 Bernama THE FAR EAST group of Hongkong is looking for suitable hotel, entertainment and tourism projects in Malaysia in which to invest, the managing director of one of its subsidiaries said. Through another subsidiary, it has bought a piece of land inBernama - 282 words
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429 1989-10-07 5 KEVIN GWEE - By KEVIN GWEE IN A MOVE which could be a prelude to a new bond issue, DBS Bank has exercised its option to redeem both its outstanding US-dollar convertible bond issues before their respective maturity dates. The exercise, which will save the bank429 words
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Article, Illustration483 1989-10-07 5 THE PERLIS State Economic Development Corporation (PEDC), which holds a crucial 58.8 per cent stake in Cement Industries Malaysia Bhd (Cima), has accepted United Engineers Malaysia Bhd's (UEM) takeover offer. PEDC chairman Or Abdul Hamid Pawanteh said PEDC had decided483 words
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379 1989-10-07 5 MBT DATUK ABDULLAH Ahmad has been reinstated as executive chairman and managing director ot Syarikat Permodalan Kebangsaan (SPK) after obtaining an ex-parte injunction from Justice Datuk N H Chan at the Kuala Lumpur High Court on Thursday. He walked intoMBT - 379 words
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SES
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Article, Illustration1084 1989-10-07 6 ABDUL HADHI - by ABDUL HADHI OVERNIGHT HIKES in European interest rates and the sharp fall on the Tokyo market failed to dampen buying interest as share prices surged past the 1,420level in active trading to a postCrash high yesterday. "The market closed very1,084 words
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Article319 1989-10-07 6 Manager*' price* for Oct 7 9 Singapore Unit Trust The Commerce 1.24 131 The Savings Fund 1.07 I 13 S'pore Prog Fund 0.47* 051* S'pore Sec Fund 0.77 082 S'pore Invest Fund 082 087 S'pore Eqwty Fund 0 5B 0 62 Asia Unit Trust Mol Invest Fund 163319 words
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Article58 1989-10-07 6 QULA PERAK BERHAD: AGM at Malacca Room, Lower Lobby. Shangri-La Hotel, Jalan Sultan Ismail, ***** Kuala Lumpur, on Oct 16, Monday, at 10am. INDUSTRIAL A COMMERCIAL BANK LIMITED: EGM at the Board Room of United Overseas Bank Limited, 30th Storey, (JOB Building, 1 Bonham Street, Rattles Place. Singapore58 words
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Article6631 1989-10-07 6 Gr's Qr's 1969 Tel Last Vol Day Last Quota Dlv Dlv Y'M Nat M Cap High Low Coda Company Sala +or- (*000) High Low Buyer Seller C'vr P/E Smll OCT 06 SESDAQ 275 120 t 4000 Amtek Eng 20t 263 -1 2 263 260 262 264 126,631 words
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KLSE
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Article, Illustration3596 1989-10-07 7 MBT SHARE PRICES closed mixed on the Kuala Lumpur stock market yeeterday in less active trading. Brokers said blue chipe which were well sought lately took a back seat with several finishing lower on profit-taking. Tyre retreader Autoways Holdings made its debut on the second boardMBT - 3,596 words
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Article, Illustration700 1989-10-07 8 BT SPECIAL ADVERTISING FEATURE Introducing a new concept: The Customer Service Electronic Banker to take care of your non-cash transactions THE UNITED OVERSEAS BANK QROUp is blazing another trail in the stiffly competitive consumer banking arena. Barely months after introducing the Self-Service Electronic Banker for non-cash700 words
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Article, Illustration475 1989-10-07 8 -To support the largest network of 79 branches amongst commercial banks in Singapore DRAWING UPON state-of-the-art technology, the United Overseas Bank Group has launched the largest private data communication network among Singapore's financial institutions. The private data communication network will link the Group's head office and 97475 words
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Article, Illustration1150 1989-10-07 9 Capitalising on computer technology to meet customers needs THE LATEST ,ip banking technology is nothing new at the United Over*seas Bank Group, especially when it *tfenslates eventually into greater customjtt satisfaction. Since introducing the 24*nour automated teller maohine (ATM) in 1980 to give customers greater access to1,150 words
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REGIONAL, WORLD MARKETS
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Article, Illustration918 1989-10-07 12 New York Reuter A ROUND of concerted one-point interest rate increases by European central banks on Thursday cooled Wall Street's recent fervour but was unable to completely break its upward momentum. Blue chips eked out a slight gain- to end at a new high. TheReuter - 918 words
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Article, Illustration838 1989-10-07 12 London Reuter LONDON share prices opened lower yesterday amid fears that Thursday's one-point rise in British base rates may lead the economy into recession, dealers said. "There's no real weight of selling at the moment, but market makers have marked shares lower as a defensiveReuter - 838 words
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Article1342 1989-10-07 12 Selected indices HONGKONG All Industrials Fridoy 2.819 9 Hongkong Index Thursday 23)6 7 Fr»doy Ti l Week ogo 2.767 5 Thursday 1.547 05 week ogo 1,***** NEW YORK Hang Seng Index [>q W Jones F"dav £826 21 Thurjdoy* 2.***** Thursday 2.803.17 Wednesday 2.***** Wwk ago 2.758 25 w#ek 2.694 911,342 words
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369 1989-10-07 12 Reuter THE US SECURITIES and Exchange Commission (SEC) said the Prudential Insurance Co of America subsidiary PrudentialBache Securities Inc has agreed to a settlement of charges that it violated the Securities Exchange Act by failing to maintain possession or control of securities thatReuter - 369 words
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257 1989-10-07 12 Reuter BAT INDUSTRIES pic will pursue its previously announced restructuring plan despite Sir James Goldsmith s statement on Thursday that he intends to make a new bid for BAT. "It appears as if Goldsmith is threatening to make a real offer," a BATReuter - 257 words
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Article, Illustration1354 1989-10-07 12 Hongkong HONGKONG'S blue-chip Hang Seng Index closed 23.04 points up at a postJune 4 high of 2.626.21, its fourth consecutive high finish. Brokers said the steady rise signalled the market was back on its feet after falling 581.77 points the day after Beijing tanks1,354 words
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Article469 1989-10-07 12 Reuter MILAN: Italian shares continued to slip in early trading yesterday, while shares of Mondadori's paper subsidiary Cartiera Ascoli were suspended indefinitely following Mondadori's announcement on Thursday of a joint venture with Svenska Cellulosa. dealers said. The MIB Index fell 0.26 per cent to 1.168 by midday,Reuter - 469 words
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Article214 1989-10-07 12 Reuter THAI stocks yesterday closed mixed in very active trsde dominated by profit-taking on electronics shares which posted sharp gains this week. The SET Index gained 0.56 point to close at 688.56, with declines leading advances 63 to 53. Most actively traded were Padaeng Industry. Siam CementReuter - 214 words
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Article404 1989-10-07 12 Reuter TAIWAN share price# finished higher across the board after a sporadic rally ended on a strong note, dealers said. The weighted index rose 228.09 points, or 2.44 per cent, to end at 9.545.85 against Thursday's 9.317.76 finish. Turnover rose to NTJBI.I7 billion from NTSB4.B® billion. DealersReuter - 404 words
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WORLD STOCK & COMMODITY MARKETS
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Article, Illustration651 1989-10-07 13 Tokyo Reuter TOKYO stocks were battered in rounds of selling by index-linked trust funds and by other investors who caught the interestrate jitters after concerted rate rises in Europe failed to beat the US dollar down. Prices slumped to end broadly lower in moderate trading. The keyReuter - 651 words
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Article, Illustration550 1989-10-07 13 Australia Reuter AUSTRALIAN shares ended the day barely changed after drifting in directionless trading. The All Ordinaries Index closed 0.1 down at 1,773.3. The market opened weaker, rose slightly on short-covering and then lost most of its gains during a bout of afternoon profittaking, brokers said. One brokerReuter - 550 words
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Article98 1989-10-07 13 Reuter THE NEW ZEALAND share market continued to surprise some brokers by remaining firm yesterday despite the collapse of DFC. Direction next week is likely to depend on Wall Street's performance yesterday, brokers said. "The market's in a drift pattern and waiting for events offshore to giveReuter - 98 words
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Article270 1989-10-07 13 Reuter SEOUL STOCKS fell in low trading volume yesterday as inertia settled in the market, with investors listless in the absence of encouraging news, brokers i said. The composite index closed at 922.85. down 2.26 points from Thursday. Turnover was 196.4 billion won compared with 220.1 billionReuter - 270 words
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Article98 1989-10-07 13 Reuter PHILIPPINE shares surged in busy trade yesterday, with individual and institutional investors encouraged by the country's economic performance, brokers said. "It's bullish,'' Antonio Tan. an analyst at First Pacific Securities Philippines Inc. said of general market sentiment The Manila Stock Exchange composite index roseReuter - 98 words
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Article53 1989-10-07 13 Reuter AFTER three consecutive days of losses, share prices rebounded on heavy institutional buying ahead of the end of account, brokers said. They said the institutional support set off active short-covering. "The market was oversold and when institutions stepped in with large buy orders there were few sellers,"Reuter - 53 words
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Article398 1989-10-07 13 SINGAPORE: Rubber prices closed easier yesterday, with November One RSS buyer quoted at 165 50 cents a kg, down 1.25 cents from Thursday's close. Dealers said prices fell after moderate afternoon trade on weekend stop-loss selling due to poor consumer offtake. On the TSR-20 Award market, prices finished little398 words
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Article364 1989-10-07 13 Reuter HONGKONG: Gold closed firmer in moderate trade on physical demand by Swiss and local investors despite a firmer US dollar, dealers said. "Traders were expecting a firmer US dollar because the US has not cut its rates following Europe's interest rate rise, in accord with the G-7Reuter - 364 words
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Article195 1989-10-07 13 Chinese Produce Exchange Sellers' noon dosing prices on October 6 (S$/100 kg) Coconut oil Bulk FOB 94.50 Old drum FOB 104.50 New drum FOB 108.50 Copra Mixed (loose) 53.00 sellers Pepper Muntok white FOB NIW 490.00 Sarawok whit* FOB foq NIW 480.00 Sarawak special block FOB NIW 380.00195 words
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Article203 1989-10-07 13 London Commodity Exchange Buyer/Seller closing prices on Oct 5 (£/tonne unless specified). Previous dosing prices in parenthesis. Coffee Basis in-sforo London, sellers option OF London Nov 686/687 (683/684) High/low 708/673 Jan 682/684 (682/684) KMgh/Low 698/667 Solos (5492) Cocoa 0* 732/734 (724/726) High/Low 735/726 Mor 721/722 (724/726) Hfch/Low 723/715203 words
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Article283 1989-10-07 13 RAS prices In S cw«Ag, FOB In Im(m NOON CLOSE Buy*n Selleri Buyers Sellers Wit 1 RSS Prompt 165.00 166.00N 163.75 164.75N Int 1 RSS Nov 166.75 167.25 165.50 166.00 Int 1 RSS Dec 169.50 170.00 168.25 168.75 lot 2 RSS OP 164.50 166.50N 163.50 165.50N Int283 words
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Article582 1989-10-07 13 Bernama MALAYSIAN CRUDE PALM OIL FUTURES finished slightly easier on the KLCE yesterday on some selling pressure. Dealers said the market opened slightly easier following Thursday s softer tone as a result of long liquidation. However, losses were checked by the good interest in the cash market whereBernama - 582 words
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Article175 1989-10-07 13 FURTHER scattered buying demand pushed the Kuala Lumpur Tin Mark* (KLTM) price anothar 10 aan higher to M 522.31 a kg, brokers said. Hlghar London Matal Exchange's (LME) closing, becked by merchant buying thara, prompted high bide of 226 tonnee agalnat offers of 104 at tha opaning, thay175 words
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Article153 1989-10-07 13 Telerate FUEL oil prices held steady at near unchanged levels from Thursday. The higher prices in the Arabian Gulf and North-West Europe kept prices of Singapore cargoes competitive. A few offers were heard slightly lower at around $94 mt fob Sing. A Western trader bought aTelerate - 153 words
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Article103 1989-10-07 13 CBOT soybean futures took a back seat on Thursday as buying interest shifted to feed grain futures. Prices closed down 21/2 cents in the spot November to U555.74 to off five cents, and commission houses were featured sellers, traders said. While corn and wheat benefited from US grain export103 words
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Article120 1989-10-07 13 Reuter CBOT soft red winter wheat futures tagged along with corn movements and settled mixed on Thursday, up 1-1/2 cents in the nearbys to off 2.0 cents in the September, traders said. Spot December closed at US$4.lO-3/4. Recent Egyptian purchases of 500,000 tonnes of US EEP wheat proved supportiveReuter - 120 words
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Advertisement121 1989-10-07 5 1.8 Litre, 16 Valve Twin Cam, 135 Horsepower, Electronic Fuel Injection. Now you know why the new Bluebird is one class above the competition. Add to the already unbeatable specifications listed above, Nissans powerful 4-wheel disc brakes; a speed-sensing automatic door lock; the convenience of an electric fbldable wing mirror;121 words
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Page 6 Advertisements
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Advertisement8 1989-10-07 6 Pleas res pine easures Hotel Eqmtoriil. Td: 7320*318 words
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Page 7 Advertisements
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Advertisement10 1989-10-07 7 A Sichuan Culinary Heritage j at Golden Phoenix <iuklen PfMKiiLt10 words
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Page 10 Advertisements
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Advertisement221 1989-10-07 10 lEB Communications and Hypercom M Congratulate The United Overseas Bank Group 1 on the successful installation of their new private data communication network. 1 /7?A < HYPERCOM > 1 EB COMMUNICATIONS (FE) PTE LTD HYPERCOM ASIA LTD f"' "S-'i s^: j?; < ;r V" r -ii-. •?£•>?> 'VS* <*" }5t221 words
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Page 11 Advertisements
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Advertisement139 1989-10-07 11 •fc mm mm wm mm ■I Our congratulations to the llHl V m H H United Overseas Bank Group. ni/w ci ucii iiv For operating one of the largest fully IJL digital private communication networks tnat o dui it Now, the Group's central computers are H I I branches H139 words
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Page 12 Advertisements
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Advertisement18 1989-10-07 12 Get your copy of The New Paper Fastads today more jobs are waiting for you there. KS ESS18 words
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Page 13 Advertisements
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Advertisement316 1989-10-07 13 IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF SEAGATE TECHNOLOGY SINGAPORE PTE LTD (IN VOLUNTARY LIQUIDATION) At an Extraordinary General Meeting deemed to have been held on Wednesday, 27 September 1969 the following resolution was passed pursuant to Section 179(6) of the Companies Act,316 words
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Advertisement656 1989-10-07 13 [NOTICES M THE MATTER OF THE COMPANIES ACT, CAP. 60 ANO IN THE MATTER OF IRVING TRUST INTERNATIONAL (ASIA) UMITED (In Mambara' Voluntary Liquidation) NOTICE OF RESOLUTIONS At an Extraordinary Qanacal Meeong of t» sbovanamad Company daamad to hava baan duly convanad and hald at Grange Road #0643, Tha Colonada,656 words
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Article1878 1989-10-07 14 AT CONVENTIONAL WHARVES VmmI Voy No BorihArrivol D*p«rtur« Koppot Whorvo# Borymjhoo 9 K3I alongside 08.10/ 0600 E Harmony 5/89 K32 along*** (*10/ 1800 KapUuwiM 15/89W COT alongs«ie 0810/ 0100 ICota Berlian I8E/89 K30 alongside 07 l<V 1830 Kola So lam E-813 K33 alongside 06 l<V '830 Mendoza1,878 words
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195 1989-10-07 14 AFP PRIME MINISTER Lee Kuan Yew yesterday ruled out any possibility that the US would set up a full-fledged military base in Singapore. "We are not going to have an American base in Singapore." Mr Lee said after meeting President Suharto inAFP - 195 words
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222 1989-10-07 14 THE US Transportation Department is proposing that foreign airlines be given exclusive rights to fly between their home countries and some US cities that have little or no international air service. Transportation Secretary Samuel Skinner said on Thursday that h« will222 words
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Article, Illustration547 1989-10-07 14 GENEVIEVE CUA - CLAMPDOWN ON USE OF OZONE-DEPLETING SUBSTANCES By GENEVIEVE CUA THE CLAMPDOWN on the use of ozone-depleting substances in Singapore began this week, amidst a concerted effort among a number of government agencies to cushion the industrial impact of the restrictions. The first round547 words
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Article294 1989-10-07 14 SUPPLIERS and industrial endusers of ozone-depleting gases were gloomy about the impact the public tender system would have on their businesses, but they were resigned to the fact that something had to be done to save the earth s ozone shield. Companies contacted by BT pointed294 words
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Article, Illustration377 1989-10-07 14 WALTON MORAIS - By WALTON MORAIS THE GOVERNMENT is to consider extending design education to pre-university and primary education level. Mr Mah Bow Tan, the Minister of State for Trade and Industry. yesterday said that with the first batch of students sitting for the377 words
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153 1989-10-07 14 Reuter THE EUROPEAN Community and Opec have agreed to cooperate on solving environmental and technological problems and hope this would lead to deeper political ties in the future. The two sides came to an accord at the first official talks between a secre-tary-general of the OrganisationReuter - 153 words
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362 1989-10-07 14 And now a computer language to unite the world AP If K S GOPALAKRISHNA had his way, "I love you" would become "1171 ***** 1172 1" or "kata gecab katam", in a language the Indian computer-linguist claims will unite the world. The 50-year-old inventor says that through Abasama. as heAP - 362 words
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LATE FILE
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Article39 1989-10-07 14 AP TAIWAN'S Justice Minister Hsiao Tien-tzang resigned yesterday because of a scandal over a golf course, becoming the first top official to bow to public pressure since Taiwan lifted martial law two years ago. APAP - 39 words
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Article25 1989-10-07 14 AFP A BURMESE plane with 85 passengers was hijacked by dissident students and landed at a military airport in Thailand yesterday. AFPAFP - 25 words
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Article33 1989-10-07 14 AFP PRESIDENT Corazon Aquino yesterday rejected acting agrarian reform secretary Miriam Defensor-Santiago's resignation announced earlier in the day, saying that the country would be the loser if she quit. AFPAFP - 33 words
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Article29 1989-10-07 14 AFP AUSTRALIA'S domestic airline pilots agreed yesterday to take part in arbitration proceedings as the dispute over pay claims entered its eighth week. AFPAFP - 29 words
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210 1989-10-07 14 THE USE of resources in development must be such thst they •re not completely exhausted, leaving future generations with nothing to work on, Malaysia's Minister of Science, Technology and Environment, Datuk Amar Stephen Yong, said yesterday. Datuk Yong was explaining the concept of sustainable210 words
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Article72 1989-10-07 14 Reuter COMEX gold futures were higher early yesterday on the US dollar's slide. The metal turned down at the open, but commission house buying and scattered shortcovering recouped losses. December gold was US$l.lO higher at U*****.00 an ounce. Silver futures slipped into the minus column inReuter - 72 words
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Page 14 Advertisements
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Advertisement19 1989-10-07 14 For further information or enquiries at conventional wharves: Keppel/Marina Wharves *****66 Jurong Port *****66 Sembawang *****22 Paslr Panjang *****4419 words
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Advertisement248 1989-10-07 14 See PAGE 3 The Graduate School of Management at the University of Mdbournc is a national management school. Its graduates have a record of success and leadership in the management of business and public organisations The School has the most modern teaching, library dining, sporting and recreational facilities. MASTER OF248 words
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Executive Lifestyle
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Article298 1989-10-07 15 OLD BOYS of the Anglo-Chi-nese School will receive a new-look magazine with fullcolour gloss and ads this week. Not surprisingly, the first issue is speckled with the alumni's more exposed faces. For example: Glenn Goei of M Butterfly fame is featured in what looks more like298 words
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Article, Illustration1258 1989-10-07 15 RICHARD SEAH - The man who made Gardenia bread a success tells health columnist RICHARD SEAH about his new business and interpretation of the good life. RICHARD SEAH THE MAN who turned Gardenia from a small bakeshop into the biggest bakery in South-east Asia now believes1,258 words
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Article, Illustration820 1989-10-07 15 SAMUEL EE - Do you have what it takes to face the world? (If you do, stand up and say 'I'm ready!'?) Anyway, according to this writer's aesthetician (see Page Nine for definition), he doesn't. All because of some pus-filled bumps on a face oily enough to820 words
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Commentary
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Article, Illustration1015 1989-10-07 16 TYE KIM KHIAT - TYE KIM KHIAT SMOKE GETS in your eyes. The Platters waxed lyrical about it in a sanitised recording studio, of course. But in real life, a smoke-filled room is nothing to sing about. It is downright unromantic and nauseating except to the most insensate.1,015 words
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920 1989-10-07 16 ASAD LATIF - ASAD LATIF SOME ARGUMENTS never grow old. That is sad. because it is time they did. Last Wednesday s issue of The Australian Financial Review carries a commentary titled "Pity about racism, but that's freedom". In the piece, columnist Peter920 words
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345 1989-10-07 16 letters to the Editor Dear Sir, As an independent observer of the corporate scene, I would like to share my feelings and reservations on the fate of shareholders of Sungei Besi Mines. It was mentioned in the newspapers that the company has proposed a345 words
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141 1989-10-07 16 V BALAKRISHNAN - V BALAKRISHNAN for Commissioner Parts A Recreation Department Ministry of National Development Dear Sir, I refer to the letter. "Danger from machine is real" (BT Sep 30 from Mr DW Distant, who has queried whether there are any controls over the use of grass141 words
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103 1989-10-07 16 SEEK HANG PENG - SEEK HANG PENG Public Relations Officer Registry of Vehicles Dear Sir, Please refer to the letter, "Too early to ask for revision of road tax?" by DW Distant (BT Sep 16). The Electronic Road Pricing (ERP) System is expected to103 words
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123 1989-10-07 16 ROBIN BAIDEN - ROBIN BAIDEN Dear Sir, Congratulations to MDK on establishing a joint venture in Hongkong, but I am sure it would not want to perpetuate the mistaken belief, reported in Business Times on Oct 5. that it is "the first local PR firm123 words
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139 1989-10-07 16 TNG BEE HUAT - TNG BEE HUAT for Director Public Affairs Deportment Republic of Singapore Police Deer Sir, I refer to the letter "Need for a second left turn lane at Pickering junction" from Mr John M Carter (BT Sep 23-24). The Traffic Police139 words
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Executive Lifestyle: Pursuits
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Article, Illustration799 1989-10-07 18 N K YONG - By N K YONG PULIGNY-MONTRACHET, the name which stands for some of the finest white burgundies of the world, is, like all the wine towns in Burgundy, very small and very quiet. We were looking for the premises of Domaine Leflaive one autumn morning,799 words
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Executive Lifestyle: Entertainment & Pursuits
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Article350 1989-10-07 19 QUEK SWEE PENG - FOOD By QUEK SWEE PENG PRAWNS. You can t get away from them. Not if you're eating Chinese cuisine prepared by Hongkong chefs. No meal, it would seem, is complete without at least one prawn dish, whether you are eating at home or dining out. It350 words
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Article, Illustration145 1989-10-07 19 THE MUCH-AV AITED SEASON of Shanghai hairy crabs has arrived. Cherished delicacies of many generations, they are appreciated for their milt and roe. rather than their flesh. Some contend, however, that the male crab's milt tastes better than the female s roe. The rationale is that145 words
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Article588 1989-10-07 19 NG PENG HUI - TAIWAN FILM FESTIVAL By NG PENG HUI THINK TAIWANESE FILMS and you immediately remember those insipid melodramas that appeared on our screens during their heyday in the 70s. But they are such a rarity these days that you need to organise a festival for588 words
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Article, Illustration246 1989-10-07 19 SAMUEL EE - CAFES By SAMUEL EE I'VE HAD SATAY at Kajang and I've had duck I'orange in Paris. But juat the other day, I had siew ngap at Oscars. That's right, roast duck, Oscars Brasserie, down a basement along Robinson Road. Declaring themselves free of their 1819 baggage,246 words
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Article, Illustration333 1989-10-07 19 JOHN THOMAS - YACHTS By JOHN THOMAS HMY Britannia, built to be a home for the British monarch on her visits abroad and outfitted to serve also as a hospital ship, has been a pleasure cruiser for the royalty and a mercy ship for the commoner. But the333 words
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Article, Illustration1128 1989-10-07 19 JUANITA SHAKILA - Compiled by. JUANITA SHAKILA STAGE PERFORMANCES: Sydney Conaervatorlum Chorale. As part of its South-east Asian Tour, the chorale will be giving three performances in Singapore. A select group of the conservatorium's full-time students, it has performed major works such as Belshazzar's Feast; Damnation of Faust, Camina Burana and most1,128 words
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Executive Lifestyle: Entertainment
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Article, Illustration982 1989-10-07 20 THE BLOW MONKEYS: Choices The Singles Collection (RCA) EVERYTHING was going well for the Blow Monkeys until 1986. Up to then, their songs had an earthy rock sound which combined interesting brass arrangements that seemed to give the group a winning edge over other new982 words
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Executive Lifestyle: Entertainment, the Arts & Pursuits
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SHORT TAKES
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Article, Illustration140 1989-10-07 21 FANCY GETTING MARRIED without doing anything except saying •"I do" and paying for the whole doodad? Well, if you do, then Yumi Katsura Bridal House has to be your cup of tea. Er, glass of champagne. From the rental of a car and its 'decorations, to the flowers140 words
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Article154 1989-10-07 21 IF YOU ENJOY having dinner in front of the TV, you might like to have yet another shot at dinner theatre. If you can bear the pace. House Guest is a West End play that will make its debut here in early November for three nights. Presented by154 words
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Article94 1989-10-07 21 MOST OF AMERICA'S corporate executives who've reached the top believe their business practices are more ethical now than a decade ago but would generally hesitate to promote a homosexual, according to a new survey. Those are two of the findings of a survey by the Wall Street Journal94 words
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Article166 1989-10-07 21 OKAY, all culturally-barren, materialistic guys out there: you're going to learn all about Papua New Guinea. According to the people who are bringing in a cultural troupe of state performers from the PNG, it's to educate Singaporeans. It'll be an exercise in altruism, say the Furama Hotel who166 words
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Article135 1989-10-07 21 THE TOKYO International Film Festival, still a fledgling event its third time around, is making its mark by giving 30 million yen (U*****,000) the largest cash prize at any film festival to young and first-time film-makers from around the world. The prize money "represents a significant amount135 words
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Article, Illustration989 1989-10-07 21 DONAL HENAHAN - OPERA By DONAL HENAHAN NYT I MAY BE the last person alive to have realised it, but isn't it remarkable that opera is so heavily populated by oppressed, manipulated and otherwise pitiable women? This revelation came to me with blinding force theNYT - 989 words
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Executive Lifestyle: Pursuits
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Article, Illustration471 1989-10-07 22 SAMUEL EE - All dressed up and nowhere to go on a Saturday evening pregnant with song. So SAMUEL EE, deciding that there's more to life than crooning at the Strawberry Bush Karaoke Lounge, enlisted the help of the lounge's maitre'd cum amateur-voyeur to suss out some favourite.., SAMUEL EE HOWpictures by ARTHUR LEE - 471 words
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Executive Lifestyle: Entertainment & Pursuits
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694 1989-10-07 23 Richard Sea - by Richard Sea TWO CONTRASTING health stores in Californte-helped Mr Roland Goh shape the imaflfcof/flnatura into one which he dasorilw as "non-yuppie and nonhippi*V*" Th*'Jlrst store, in Los Angeles, was very slick. It was clean, hygienic and pleasant Goods were displayed "proThe694 words
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Article, Illustration729 1989-10-07 23 DICK LEE - DICK LEE faced the facts and visited an aesthetician. That's the person gentlemen will lose face to in order to save face. If you feel yours could use a perking-up, he suggests you take it like a man, and say... DICK LEE SOME OF HIS clients729 words
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Executive Lifestyle: Personal Investment
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Article, Illustration1100 1989-10-07 24 AMY BALAN - PROPERTY By AMY BALAN PROPERTY has had a good run. So have property stocks. With a good 89 per cent gain since the beginning of this year against 34 per cent by the broader market up to September, the question now being askedChart is based or figures and estimates provided by JLW & MGAS - 1,100 words
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683 1989-10-07 24 ANY PROPERTY play now, given the strong gains already achieved, must be based on a more selective investment strategy. In picking the winners in the next property push, MGAS has come up with some desirable attributes, the most notable683 words
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960 1989-10-07 24 LI HIAW HO - s P a W T|. PROPERTY PROSPECTS By LI HIAW HO Mr Li Hiaw Ho is a director, valuations, of Richard Ellis (Pte) Ltd THE GOVERNMENT S recent decision to allow those buying HOB and HUDC flats in the open market to invest in private960 words
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Don't quote me...
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Article, Illustration192 1989-10-07 25 TALK OF ASKING for the sky. Malayan Credit Ltd. which at the bottom of the property market in 1985 valued its Ardmore Park development at $199.5 million, is now said to have put a $500 million price tag on the property. This means that each192 words
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Article125 1989-10-07 25 What's brewing at Goodwood IS SOMETHING happening at the Goodwood group of hotels? A few months ago Goodwood hit the front page with the news that the Japanese group EIE was keen to take control of the chain comprising four hotels, Goodwood Park, Boulevard, York and Ladyhill from the family125 words
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Article105 1989-10-07 25 SPEAKING OF HOTELS, many are bracing themselves for Nov 1. That is "smokeless day" the day when the ban will be extended to many places, including airconditioned restaurants. Hoteliers say business in the F B outlets is likely to suffer from the ban. Of105 words
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Article, Illustration538 1989-10-07 25 C DOW - %m Money trends By C DOW ■Mr Dow is an investment manager with a major publiclyi listed company. This is a techni- cat view of the currency market i and is a personal view of the writer and not to be construed538 words
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Article, Illustration402 1989-10-07 25 Najoob Jarhom - ®DP? by Najoob Jarhom Najaab Jarhom, rata arch managar, Frasar Roach A Co Pta Lid AFTER the mid-week breakout on heavy volume, the Straits Times Industrials Index seems poised to challenge its next technical resistance level around 1,450-1,460 in comingSource: Ericsons - 402 words
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818 1989-10-07 25 AMY BALAN - EQUITIES By AMY BALAN THE BULL MARKET is not over. Not yet. Even erstwhile bears are saying so. Admittedly, stocks are no longer cheap but the fundamentals, that is, economic growth and growth in corporate earnings, are still good. Most analysts and dealers agree818 words
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861 1989-10-07 25 ANDREA BORCH - mm By ANDREA BORCH SINCE the end of June, the share price of Malaya Glass Bhd has climbed from M 54.50 to M 56.60 on Thursday, a 46.6 per cent rise. Analysts read this improvement differently. Some say it naturally follows861 words
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Article575 1989-10-07 25 Conversion terms Premium/ Amount Prices (as at 6.10.89) (discount) Expiry ed Optional" using Company (m units) Wrts Share! Ln stk Ln stk Cash Cash 1 Ln stk J Gearing 4 price nom Date mths value C K Tang 16.9 3 040 5.200 j 1.00 2.25 2575 words
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SPORTS
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521 1989-10-07 26 A SURENDREN - GOLF By A SURENDREN TO THE CANTONESE, the number eight signifies luck. Singapore's top executives will hope it is their lucky day tomorrow at the Business Times Advertising 13th Anniversary Golf Competition. The denizens of the boardrooms come out of their pristine521 words
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295 1989-10-07 26 AFP BERNHARD LANGER shot a five-under-par 67 to take the immediate lead in his own German Masters promotion at Stuttgart's Solitude Club on Thursday. Langer, who co-promotes the event in partnership with his brother Erwin, has a twin aim to win the title forAFP - 295 words
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Article, Illustration482 1989-10-07 26 AP LANNY WADKINS posted an early 8-under-par 62 on Thursday and then sat back and saw it matched by Mark Wiebe and Tom Sieckmann in the first round of the Texas Open. Attacking cozy Oak Hills Country Club with his customary fervour, Wadkins dropped a 12footAP - 482 words
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Article, Illustration345 1989-10-07 26 TENNIS AFP DEFENDING CHAMPION Czechoslovakia won the decisive doubles to oust West Germany 2-1 in the quarter-finals of the U*****,800 Federation Cup women's tennis tournament in Tokyo yesterday. The top-seeded United States meanwhile remained on course for a 13th Federation Cup title by beating eighth-seeded AustriaAFP - 345 words
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293 1989-10-07 26 BASEBALL AP THE CHICAGO CUBS still can't figure out Kevin Mitchell and Will Clark. But Mark Grace and friends had no trouble solving Rick Reuschel and salvaging the split they needed. Pitcher Mike Bielecki, the worst hitter in the major leagues, singled toAP - 293 words
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276 1989-10-07 26 ATHLETICS AP BEN JOHNSON, who lost his Olympic gold medal last year after testing positive for steroid use, has urged young athletes not to make the same mistake. "I got caught in Seoul. I lost my gold medal," Johnson said at aAP - 276 words
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Article, Illustration353 1989-10-07 26 BOXING AFP GARY MASON, Britain's latest heavyweight hopeful, would not last two rounds with Mike Tyson. That was the verdict of Tyrell Biggs after being knocked out in the seventh round by the 26-year-old Londoner on Wednesday night. It was obvious Mason's onlyAFP - 353 words
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Exevutive Jobs
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923 1989-10-07 27 TAN KEE WEE - Applying for a job? A polished performance during the interview may not get you very far, but passing the battery of pre-employment tests will. TAN KEE WEE reports. TAN KEE WEE INCREASINGLY, more and more managers, faced with the decision about who to recruit, are beginning923 words
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Article, Illustration337 1989-10-07 27 CANCY TAN has been promoted to research director of Survey Research Singapore (Pte) Ltd. She will oversee the development of the customised research unit as well as training. She has been with SRS for six years, since graduating from the National University of Singapore. THE NEW managing337 words
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514 1989-10-07 27 CHUANG PECK MING - By CHUANG PECK MING BEING in the middle of a corporate sandwich is an unenviable position, which is where general managers find themselves these days. A Harvard Business School professor. Hugo Uyterhoeven, says these general managers are very different from the traditional top-level general manager.514 words
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Article282 1989-10-07 27 ABDUL HADHI - By ABDUL HADHI TRADITIONAL TENETS remain strong in corporate Singapore, even in the area of job designation. Increasingly, business firms in the West are using the term "general manager" for mid-dle-management positions. But traditionally, the position of GM has been associated with senior management and282 words
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276 1989-10-07 27 SHOEB KAGDA - By SHOEB KAGDA INDONESIA'S deregulation policy is likely to lead to an acute shortage of qualified professionals needed by an expanding financial sector. At the head of what could be a wave of executive search firms into Indonesia, international headhunter Ward Howell International Group276 words
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Page 15 Advertisements
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Advertisement168 1989-10-07 15 NEED A 51 CAR LOAN? mp Call USA from any phone, any day, anytime at 222 5544 or 222 8844— 1 HONG LEONG SINGAPORE FINANCE LIMITED RNANOLMITED! firnm 5 CONNOISSEURS F O R COLLECTORS When choosing your Dun hill Elite, let The Hour Glass enhance the occasion. At Vie Hour168 words
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Page 16 Advertisements
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Advertisement502 1989-10-07 16 The 'Best of 4 Worlds' Buffet. Gather famiy and friends for An out of this world treat. a feast worth celebrating. A fitting buffet for a special occasion Chefs The celebrations continue at the Taikan-En from all our restaurants contribute to give you There s a Special Anniversary Set Lunch502 words
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Advertisement65 1989-10-07 16 13? VII welcomes letters from its readers, E Letters must include the author's name, address and home and office telephone numbers. BT reserves the right to edit letters for purposes of clarity and space. Please address letters to: The Editor, Business Times, Times House, 390 Kim Seng Road, Singapore 092365 words
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Page 17 Advertisements
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Advertisement205 1989-10-07 17 .A. v* "l -fr A. t ■ranf' B Bl< H if V'; J^''^l N&BRk f vB^Hl 4y k v *<£«*"{ ML#.- I HF"*"* UmK' f^^B -1 v% 3Mfc±wr /eIE. 1, sßb^xl dlt»\ V HWw v w >,v. I' ®J, I H|^H^^nHßH^^^V' 3Sm?i y a IK H! 1 '^F J Vk205 words
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Page 18 Advertisements
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Advertisement294 1989-10-07 18 r Where tv entertain... Where to entertain.„ Where to entertain... Where to If you knew sushi. Ju M M jfev Ik Those who appreciate only the best in Japanese cuisine have found a home in Singapore. Inagiku. Reservations, *****10 or *****85 ext *****/6. IWJMHKU THt WISTIN PIA/A Westin HmultiMim Setting294 words
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Advertisement247 1989-10-07 18 SENSATIONAL SIZZLING SATAY AT Cafe «^B©ulel/apd Sizzling satay, the all-time local favourite. Succulent mutton, chicken and beef skewered and grilled on an open fire, complimented by a rich peanut sauce, and accompanied with fresh bits of cucumber, pineapple and onion. Try a cool refreshing coconut with its thick and tender247 words
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Advertisement180 1989-10-07 18 ouirne&s TOO LATE FOR BREAKFAST? TOO EARLY FOR LUNCH? CALIFORNIAN BUFFET BRUNCH DELIGHTFUL HOT AND COLD DISHES A JAZZ BAND TO PUT YOU IN A MERRY MORNING MOOD EVEN A LEGO PLAYGROUND NEXT DOOR FOR THE SMALL ONES BRUNCH AT NUTMEGS IS AN OUTING FOR THE WHOLE FAMILY. SUNDAYS ONLY!180 words
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Advertisement244 1989-10-07 18 Ik* a singer operation hours i spmto 1 am (weekdays) 5 pm to 2 am (weekends) FIRST DRINK CHARGE $12.00++ (weekdays) $15.00++ (weekends) /In HAPPY HOURS J spm to Bpm 30% j i discount on loose drinks. BOTTLE WAIVER •*3 Waiver of 4 covers for q quart bottle purchases. jj244 words
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Advertisement215 1989-10-07 18 hla# This month, you can taste delectable Sichuan dishes in a sumptuous lunch buffet. There's a choice of over 35 35th n«ir f aVo urites so deliciously spicy you'll keep coming back to the Pine Court for more. Sichuan Lunch Buffet 1-31 October 1989 12 noon-2.30 pm Adult: $25 Oiild215 words
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Page 19 Advertisements
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Advertisement226 1989-10-07 19 111 entertain..., A\ Taiwan's I Master Chefs I Cook Up I A Feast I In The Park. I For eleven night.* only, the master chefs of the Iml Lai Sheraton Hotel, Taipei, will be cooking up afeast H at the Cafe-in-The-Park. H And what a feast: Taiwanese specialities like H226 words
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Page 20 Advertisements
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Advertisement55 1989-10-07 20 >. Wr^as&,.#s -4,' mmmmmm MB!W»M»X*i WW Mfc*. lß^p y (>■ ittmtti! I* t Hfe -'Mfll LONDON |f3 B Jell DRYGiN b jg a j, jp' J^p^j^S3l '■""Mi" MAKCA mccistraba r^^J*r s^^ 3 SIM j PG vaiy* -fMK, ■k~ Tj6 T p^T^^fcy-^IBSBBW-M^BW l*? i»4 IMm! r lßg X- —s i. JK&55 words
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Page 20 Miscellaneous
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Miscellaneous771 1989-10-07 20 CRYPTIC PUZZLE 6 Disgusting, not letting (10) ACROSS n travel on! (7. 3) 7 Unrevealed (6) 7 The box car will take 8 Cover with liquid (8) 9 Dismissed for having the weight (6) 10 Keyboard instrument complained (5. 3) 8 The chaps promise to (5) 10 inr«ln' identify the771 words
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Page 21 Advertisements
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Advertisement94 1989-10-07 21 Instant Relief. Meet Clinique's Post-Shave Healer For Men. Clean, lean, translucent lotion aloe rich, does not clog pores so all skins can be soothed with it! Refreshing, cool, instantly absorbed with no sticky after-feel. Simply J. palm a little on shaven cheeks, chin and neck: B presto happy, comfortable m94 words
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Page 21 Miscellaneous
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Miscellaneous1496 1989-10-07 21 Q ATI IDhAV BBC Highlights formal musical training under some of Europe's O/A I I Sunday, Oct «th, ».30arn leading composition Mohan? Sieve Race pros D >"« Remember Two Things... It's Not Fair DDI 3 formances by some of his greatest interpreters j mm*—— Set in August 1940, this play1,496 words
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Page 23 Advertisements
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Page 24 Advertisements
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Advertisement141 1989-10-07 24 rWl)l hot M M V J8 I sss 5-^=s>i S frr mmm S sja«»«i" Hß w >s=l l^ ssi W '.i- SS5 a i JW\ <w' **—v ■"»s > Us»a </ s i—>« 1 J 5| BT Special PfsMMMSW I SUPPLEMENT The Property Supplement. ;g For the third year running141 words
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Advertisement101 1989-10-07 24 We Seek BUSINESS INVESTMENT OPPORTUNITIES We are an Investment Holding Company seeking Business Opportunities in this Region to participate in high growth and mature companies that require additional capital to expand their business. Our preferred involvement in the business would be holding a minority position of between 20% to 40%101 words
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Page 26 Advertisements
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Advertisement514 1989-10-07 26 ■■■■■■■■■■I BUSINESS TIMES =F^ 7 I® imHSING GHF CIMPFTITIOII/ 1 lyrtjfjOdteijlii 7Joam (1) Bill Fua -0 Ernie Pettine -13 Ng K C -22 Y P Chan 22 737 am (2) Shamuri Sidek 0 S C Lim (Philips) -16 Ronald A Spicer 22 John Lee 21 7.44 am (3) Poh Eng514 words
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Page 27 Advertisements
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Advertisement149 1989-10-07 27 DHL IN THE NEWS Advertisement I fIUI ChOnC thfi lAlAplfl tries and operates an air fleet that is one of LrllL wUCH Iw lIIV WUI IU the largest in the world. Around the world DHL has over 18,200 trained professionals DHL was started in the United States dedicated to meeting149 words
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Advertisement624 1989-10-07 27 EXECUTIVE APPOINTMENTS illL UNITED MERCHANT BANK LTD 1111 a wholly-owned subsidiary of United Overseas Bank Ltd ASSISTANT VICE PRESIDENT CORPORATE FINANCE United Merchant Bank is expanding its Corporate Finance activity and invites qualified professionals to join its growing team. The v position reports to the Head of Corporate Finance and624 words
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Page 27 Miscellaneous
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Miscellaneous51 1989-10-07 27 OLLAR$ AND NON$EN$ iff if "I've been an accountant, an actuary, an advertising exec, an administrator, an architect, an art director and an auditor, and now I'd like to move on to the B's." I JUST U>HF\T po you HP\Ve r "fceA I uttlc some-TH.MG J "eeDe-D—-mociopv. miss suNrnftN 1/51 words
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Page 28 Advertisements
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Advertisement45 1989-10-07 28 St7flichael the quality brand known to the world A V^SBBLi ''«t«iM^^B*^ i '^3i^^^^B^^KH^-' Hi?'"'^ia^^^^^^^^^^BßfcJPillMiwgllM^^^^M #Bfein t f \^^~-jiOLA /^SPiF/."* jS&sH& r -Y -1» --•i# <f i i J£ Levels 1 2 Centrepoint, Orchard Road, Singapore 0923. Tel: *****00. Open daily from 10.30 am to 8.30pm.45 words
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Page 28 Miscellaneous
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Miscellaneous637 1989-10-07 28 > pie week's Is m v• gmowtes Target Eagle, Today, 10.30pm, SBC 5 The problem: professional smugglers with contraband more deadly than heroin. The solution: a team with the necessary expertise and der-ring-do to nab them. In this ridiculously laughable story about a lot of people chasing some uranium oxide.637 words
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Miscellaneous1798 1989-10-07 28 SATN R DAY T am,,: Mimi Rose 8.30 The Perfect Match <c. L) Opening Programme meets by Life Matters young who is selling jjJJSELJrfr 10.30 Classic Ghost Stories Breast Cancer (See Our cookies for her school, and pHBy Wu Oiu Yue (C. r, Ep choice). talis lor her immediately sSSB1,798 words
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Miscellaneous216 1989-10-07 28 /w -f Our moice Breast Cancer, Today, 7.30pm, SBC 12 Life Matters looks at the disease which afflicts hundreds of thousands of women all over the world breast cancer. Find out what new information there is about its cauaes. treatment and recovery. A Very British Coop, Today. B.oopm, SBC 12216 words
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