The Business Times, 18 November 1989

Microfilm: NL16865
Total Pages: 24
1 24 The Business Times
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  • Title Section
    Masthead
    12 1 BUSINESS TIMES MCI (P) 45/12/88 Weekend Edition, November 18-19 1989 75 CENTS
    12 words
  • Article
    Tengku Razaleigh agrees to meet Dr Mahathir to discuss Malay unity
    706 1 A DRAMATIC CHAPTER looked set to open in Malaysian politics yesterday after former Trade and Industry Minister Tengku Razai leigh Hamzah agreed to meet •Prime Minister Datuk Seri Dr i Mahathir Mohamad to discuss the question of Malay unity.
    706 words
  • Article
    Cess to go up to 4 per cent from Jan 1
    477 1  -  By SUZANNE SOH THE CESS on hotel rooms and food and beverage outlets will go up from 3 per cent to 4 per cent from Jan 1, 1990. The announcement by the Trade and Industry Ministry yesterday confirmed a
    477 words
  • Article
    Economic growth likely to hit 9pc this year
    677 1  -  STOCK EXCHANGE SPLIT WONT HAVE DRASTIC IMPACT By MARTIN SOONG THE ECONOMY is likely to exceed the official growth forecast and hit 9 per cent this year, Minister of State for Trade and Industry Mah Bow Tan said yesterday. At a press
    677 words
  • Article
    DOW JONES
    40 1 STRATEGIES related to the expiration ysstsrdsy of the nearby MMI futurea contract and certain options produced ssrly stock market volatility on Wall Street The Dow was off two at 2,633 after being off over six points earlier. Reutsr
    40 words
  • Article
    Lock icon FOOTSIE
    34 1 AP LONDON share prloee held their gains through midday ysstsrdsy despits worse-then-expected British inflation figures. At noon (1200 QMT), the Financial Timee Otock Exchange lOOehare index was up 9.9 points, at 2,219.7. AP
    AP  -  34 words
  • Article, Illustration
    Regional markets edge higher
    239 1 REGIONAL stockmarkets roee in quiet trading yestsrdsy, with Tokyo again loading the way. The Nikkei index managed to poet a fifth consecutive record cioee, as share prices continued their rally for eight trading seesions. The index roee 87.40 points to close at 35,063.74. Despite the continued
    239 words
  • Article
    FINANCIAL NEWS SUMMARY
    125 1 Mday ST Martrtab Mtx *****9 (+249) IT Caaporito Max *****1 (-047) NST Mutfrtal Max *****3 (+1144) HK Hang Sang Max *****9 (+1478) Tokyo NUmI Awaroga *****74 8740) sassrNow York (Dow Jaw) *****5 3.07) London (FT 30 Max) 1759.2(^X2) US*U345yan 1J40S0M S$1.9590 I* US$***** MS. SS***** Emto-$ (Dae)
    125 words
  • Page 1 Advertisements
    • Advertisement
      Page 1 Advertisements Column 1
      260 1 Nikon The Vtaittf** Finest Photographic SyHm. A cartoonist t~ abroad Page One Beyong Osaka Page Three The (mis)use of econometrics Page Two Beaujolais rush uncorks fine '89 vintage Page Four Ml Scorpions of Shandong Page Five MB Are we going the dinosaur way? Page Six More to life than male
      260 words
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      Page 1 Advertisements Column 2
      21 1 BACK PAGE: HOB commercial land sale attract* property big shots Retaining power more Important ftmn 30pc equity for bumta', BACK PAGE
      21 words
    • Advertisement
      Page 1 Advertisements Column 3
      103 1 Nikon FmN report, PAGE I Wiglom mite, PAGE 10 World mite, PAGE 11 More rspert* PAQE S jL> n e i{® o I 9 a^^ ,fc4iS6J l ''/S^H AW m w H?S mrj Exclusively at The Hour Glass: /•WVBM Singapore: Malaysia: Australia: I W AVXt. I Luckv Pla*J #013bft TH
      103 words
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  • HOME NEWS
    • Article, Illustration
      Sony pouring another $35m into S'pore subsidiary
      446 2  -  By JEFFREY TSANG THE COMPANY that made the Walkman a household name is investing another $35 million here which will put Singapore on the world compart disk map. Sony Corp will spend the money over the next year and a half to enable
      446 words
    • Article
      NTUC conference paper to cover membership, productivity
      260 2  -  By SHOEB KAGDA UNION MEMBERSHIP, productivity promotion and occupational health and safety will be the key points in one of the papers to be prsssntod at the National Trades Union Congress (NTUC) Ordinary Delegates Conference to be held next week. The paper will
      260 words
    • Article
      Plantek and Thai partner awarded US research grant
      433 2  -  Bl SANGEETA MULCHAND A JOINT Singapore-Thai project to clone high-grade cashew trees through tissue culture technology has won a research grant from the US government. Plantek, a private agrotechnology company with its corporate Office here, will work on the project with Bangkok's
      433 words
    • Article
      Manufacturers urged to maintain edge
      215 2 MINISTER of Finance Dr Richard Hu has called on Singapore manufacturers to msintsin Singspore's competitive edge in the face of new challenges snd opportunities in the decade ahead. Dr Hu was addressing members of the Singspore Manufacturers' Associstion st their 57th snniversary celebration last night
      215 words
    • Article
      Corrections and clarifications
      48 2 IN AN ARTICLE last Saturday headlined "Are price tags on Orchard Road realistic?", it was incorrectty mentioned that Sogo had pulled out of the Ngee Ann City deal. The party that pulled oOt of the deal was actually Seibu. We are sorry for the error.
      48 words
    • Article
      E European events present business openings
      307 2 THE DRAMATIC EVENTS sweeping through Eastern Europe present challenges and opportunities for business enterprises all over the world. Minister of State for Trade and Industry, Mah Bow Tan said yesterday. They open up opportunities for resource-rich countries like Malaysia and Thailand and hots up
      307 words
    • Article
      Role off petrochem industry in Asean growing
      432 2  -  ■y LILIAN ANG ASEAN's rapidty expending petrochemical Industry Is sat to take on a more Important role in laying the foundation for the future development of Its economies. This Is because the petrochemical Industry supplies the Intermediate materials nssdsd by medium and heavy
      432 words
    • Article
      Amex to launch award for top Singapore journalists
      142 2 AMERICAN Express International Inc yesterday announced a Journalism Award Scheme which will recognise outstanding newspaper Journalists in Singapore. The award will be a cash grant of $15,000 to enaoie urtj recipient 10 uivti overseas to rsssarch and writs on a topic of
      142 words
    • Article
      National Iron gets Japanese recognition of quality
      279 2  -  By WALTON MORAIS NATIONAL Iron and Steel Mills has become the first fully local manufacturer, and the third in Singapore, to be awarded the prestigious Japanese Induatrial Standards mark of approval. NISM received the JIS mark awarded by Japan's Ministry of International Trade
      279 words
    • Article
      DAILY AIRCRAFT MOVEMENTS
      1106 2 ARRIVALS Opera* same* Loom Prom GAL MAS SA m hk su MAS UAL UAL CAL SA MAU MAC OA471 MM623 3091 AMK531 soon MHA01 UAMS UAf7 CBS) SO401 mj SQ746 mmaja **********3 i 8S*****080& 1 ATH KUL 3sr LAX/NOT KUL spp/HKo/an LAX/NTT IPC CMS MRU SVA KAL
      1,106 words
    • Article
      Building sector finally turns around
      502 3 CONSTRUCTION INDUSTRY AFTER four and a half years of decline, the construction industry has finally turned around, registering a 3.5 per cent growth for the third quarter of this year. The volume of contracts awarded during the first nine months of the year was $3.8
      502 words
    • Article
      E European events will affect EC capital flow
      339 3 BANKING INVESTMENT DEVELOPMENTS in East Europe will inevitably affect the flow of investments from the European Community to Singapore, Mr Mah Bow Tan said yesterday. The Minister of State for Trade and Industry was commenting on the sharp 09 per cent drop
      339 words
    • Article
      Growth in bank loans fastest in eight years
      379 3 OUTSTANDING bank loans surged 18.2 per cent to $47.5 billion at the end of September this; year, the highest annuaiised growth rate since the 25 per cent in 1901. The latest economic survey of Singapore reported that domestic credit expansion gathered further
      379 words
    • Article
      A much slower growth rate
      197 3 TRADE TRADE in the third quarter was lacklustre compared with the performance a year ago. Total trade between the Republic and the rest of the world in the third quarter amounted to $47 billion, a growth of 8.5 per cent. This contrasted strongly with the
      197 words
    • Article, Illustration
      Still the top GDP earner, but less-than-rosy times ahead
      358 3 MANUFACTURING THE MANUFACTURING SECTOR turned in good results in the third quarter. While it failed to match the phenomenal growth in the financial and business services sector, it continued to hold top spot in terms of contribution to the GDP. But
      358 words
    • Article
      Fewer manufacturing, services firms bullish about outlook to March 1990
      254 3 FEWER COMPANIES in the manufacturing and services sectors are bullish about prospects for the six months to .March 1990, according to the fourth-quarter survey of business expectations. The survey, the latest information available, says more than half of the companies
      254 words
    • Article
      CPI rise highest since 1984
      143 3 INFLATION accelerated further in the third quarter and the consumer price index rose by 2.5 per cent, the highest in any quarter since 1964. The CPI. which measures the changing prices of such commodities as food, clothing. transport and housing, has been rising this year.
      143 words
  • Page 2 Advertisements
    • Advertisement
      Page 2 Advertisements Column 1
      103 2 Our joint-venture company in Russia has established a Products Exhibition Centre with the Soviet Union business trading authority. We import various items: Computers, electrical goods, telephone materials, medical products, office equipment, kitchen facilities, watches, pens, sportswear, garment of all kinds,cosmetics,furniture, costume jewellery, whole plant machinery equipment for food processing, wood
      103 words
    • Advertisement
      Page 2 Advertisements Column 2
      10 2 LONDON i§i§S§s Cdljvmlkm* A BREATH OF FRESH AIR ——> Air Canada
      10 words
  • Page 2 Miscellaneous
    • Miscellaneous
      Page 2 Miscellaneous Column 1
      198 2 Qlobal temperatures for NOV 1$ iiliiiMalißHMJflWlll City MM/ Hale OUTLOOK: Skewers om many mm In St ra ■•part for 24 hours prior Abordom 09/06 Windy 7.30pm on Nov 17 ot A—lii dc— 10/05 Sumy etr orh Adiom 14/07 Sunny Mm t0rnp......... 32.1 Auckland 20/14 Pair 7T*? iqnglrofc 31/34 Fair Aoaac
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  • Page 3 Advertisements
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      Page 3 Advertisements Column 1
      133 3 SJJSffSJZiPn TWMQ KENQ *ffhey tsanq, anna teo, MARTIN SOOMQ and UUAN ANQ J =v v v ,i»< v-;^ 1 v-;.- K As a result of expanding business, ife'i Thong Hiap Watch [S] Pte Ltd has now moved to new premises at Plaza by the Park, Ppl" 'Bwhich makes us the
      133 words
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  • FOREIGN NEWS
    • Article
      Lock icon China sanctions bill faces possible Bush veto
      469 4 ADVISERS OBJECT TO PROVISION UNRELATED TO CHINA Reuter THE US SENATE on Thursday completed congressional action on a bill impoaing sconomic sanctions against China bacauss of its Jons military crackdown againat pro-dsmocracy forcss and ssnt It to Prssidsnt Qsorgs Bush. Mr Bush haa
      Reuter  -  469 words
    • Article
      Lock icon Beijing's anti-corruption drive hits Hongkong's China-owned hotels
      313 4 AFP SEVERAL China-owned hotels In Hongkong are being left out in tho cold with fewer Chinese cadres visiting this shopping paradise since Beijing launched an anti-corruption drive, hotel aourcee |n the colony said. Most of the estimated 30 hotels, including hostels, which cater
      AFP  -  313 words
    • Article
      Lock icon Indonesia to relax its grip on campus political activities
      311 4 AFP THE INDONESIAN government plant to review ll* policies on campus political lite to encourage greater communication between atudents and university leaders, the official Antara news agency said yesterday. Antara quoted Coordinating Minister tor Security and Political Affairs Sudomo as admitting
      AFP  -  311 words
    • Article
      Lock icon EC to work towards joint policy on Eastern Europe
      236 4 AFP EUROPEAN COMMUNITY heads of state and government meeting in Paris today will be groping towards s Joint Eastern Europesn policy despite differences over how to respond to ths series of upheevels shaking ths other hslf of the Europesn continent The
      AFP  -  236 words
    • Article, Illustration
      Lock icon US to waive tariffs if Soviet Union meets travel conditions
      327 4 Reuter, AP US COMMERCE Secretary Robert A Mosbacher said on Thursday that If tha Soviet Union eaaes traval restrictions, It would clear tha way for tha removal of US tariff barrier* "if all conditions ara met". Mr Moabacher said Preeldent
      Reuter,; AP  -  327 words
    • Article
      Lock icon Gorbachev says it's not time for private property
      303 4 NYT PRESIDENT Mikhail Gorbachev say* the Soviet Union is not ready for private property or competing political parties, but is leaving the door open for both in the future. His comments, broadcast on television on Thursday night in answers to students at
      NYT  -  303 words
    • Article
      Lock icon South Korea and Czechoslovakia exchange trade offices
      210 4 AP SOUTH KOREA snd Czschoslovskis ysstsrdsy signed sn sgrsement to exchenge trsde offices to promote mutusl trsds snd sconomic rslstions, ths state-run Korea Trade Promotion Corp (Kotra) announced. Czechoslovskis is ths sixth Esst Europesn country to sgree to exchenge trsde offices with South
      AP  -  210 words
    • Article
      Lock icon Roh leaving for visit to four European countries
      211 4 AFP SOUTH KOREAN President Roh Tae-Woo Is due to leave today for a two week tour of Europe to try to cope with EC plans for a unified market and to puah hie policy of improving ties with the East Bloc, officials
      AFP  -  211 words
  • Article
    SHIPS IN PORT
    1563 4 AT CONVENTIONAL WHARVES SrSL 1 5? imi/mi VmmI VayMa Bar* Arrival TTiMilnii SSS I2T 12 ■*—mi/sn 5**? 1 I7.II/9DM "5"" w MIC daapMi ia.ll/ 1KB Mywwwarm *"**i urn msa hii/on it 11/on Ahi»— 1* KW Ot 17.11/3300 Mn MIC 1411/W mi/w 1.J f wlnipKi lt.ll/3U) HM» DMA
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  • Page 4 Miscellaneous
    • Miscellaneous
      Page 4 Miscellaneous Column 1
      47 4 Doonesbury by garry trudeau USTEN, DAP, GAIL, I "^1 vorrmmiDoerr mark/a charming, 1 philyou TOO PERSONAL HERE, v v YOURSELF, RAP —BALP, AGCOMPUQ4ED Denp- NEVER 7CHP up'c UftTl mjTiouivwioAP- V\ o*meMT,BAPH&m, J <wxw? uJt\2Si MfTTHG srfiMfflON I cKeePiNGuPOH <A I SON me HPS NOT! I RETIREMENT... 50SMEET'
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  • BANKING AND FINANCE
    • Article
      Lock icon Standard Chartered's HK arm to merge divisions
      443 5 Reuter STANDARD CHARTERED plc'a Hongkong banking arm plana to merge its corporate and commercial banking divisions in December. Simon Pau, head of Standard Chartarad'a banking aervicea division in Hongkong, confirmed the existence of the restructuring plan but declined to disclose dotal la. A
      Reuter  -  443 words
    • Article
      Lock icon Fuji Bank resumes lending to China
      182 5 AFP JAPAN's Fuji Bank Ltd. the world's third-biggeat bank, haa resumed lending to China, taking part in a US$96 million loan to the Civil Aviation Adminiatration of China (CAAC), a bank official said yesterday. The official said the bank's Hongkong branch contributed about US$24
      AFP  -  182 words
    • Article
      Lock icon Two China bank executives fired
      74 5 AFP TWO BANK executives in south China were fired for extending illegal bank loans amounting to 91 million yuan (U5524.6 million, a pro-Beijing newspaper reported In Hongkong yeeterday. Liang Tungjing and Quang Zhaohua, manager and vicemanager reapectively of a branch of the People's Bank of
      AFP  -  74 words
    • Article
      Credit card companies step up promotional activities
      427 5  -  TRADITIONAL EN&-OF-THE-YEAR BLITZ By QUAK HIANG WHAI WITH THE festive seaaon just around the corner, several credit and charge card iaauera have stepped up their activitiea to entice their members to use the plastic carda more often. Theee card iaauera traditionally flood the
      427 words
    • Article
      UOB launches Visa Business Card
      204 5 UNITED OVERSEAS BANK yeeterday launched Ha Viaa Business Card which caters to the travel and entertainment needs of business executivee and management information requirementa of corporationa. The bank aakl yesterday that the card ia positioned differently from ita two exiating Viae cards which are meant
      204 words
    • Article
      Lock icon Call for Argentina to pay interest on debt
      168 5 NYT THE CHAIRMAN of Citicorp •aid on Wednesday that creditor banks would not talk with Argentina about reducing Its US$B4 billion In foreign debt until they had received a "good faith" payment on back Interact. estimated at US$6.3 billion. No intereet haa
      NYT  -  168 words
    • Article
      Lock icon French banks need 50b francs in new capital to satisfy Cooke ratios
      435 5 Reuter FRENCH BANKS will need about ID billion francs in now capital y ond-1992 to satisfy Cooke Committee ratios if they want to Expand balance sheets even modeetfy, Bank of France Governor Jacques deLarosiere said. He told the
      Reuter  -  435 words
  • COMMODITIES
    • Article
      Lock icon Crude Oil and Products
      149 5 Telerate FUEL OIL prices were stable in Singapore yesterday, sentiment was mixed as traders Kept away from the market ahead of the Opec meet. Offers for December CST-180 cargoes were notional ly at US$97 per tonne fob Sing or at mar- ket linked prices plus premiums
      Telerate  -  149 words
    • Article
      London Markets
      203 5 London Commodity Exchange Buyer/Seller doting prices on Nov 16 (£/tonne unless specified). Previous dosing prices In parenthesis. CoHh Bash ln-ftor« London, sollors option OF London Hoy 723/724 (710/715) High/Low 725/705 Jon 704/705 (701/702) Wgh/Low 710/698 Solos (2111) Cocm Doc 703/705 (720/750) Ugh/low 710/703 Mor 674/675 (681/700) High/low 680/673
      203 words
    • Article
      KL Tin
      201 5 THE Kuala Lumpur Tin Marital (KLTM) price fall four canto to Msls.3s a kg yeatorday, reflecting the continued easiness an the London Metal Exchange (LME), brokers said. They said offers of 113 tonnaa against bids of 70 at the opening weighed an Via price, but notod covering at
      201 words
    • Article
      Produce Prices
      195 5 Chinese Produce Exchange Sailors' non doting prices on Nov 17 (SS/100 kg) Coconut oil Bulk FOB 89.00 Old drum FOB 99.00 N»w drum FOB 103.00 Copra MJxod (loos*) 51.00 sellers Popper Muntofc wMt* FOB NIW 465.00 Sarawak whit* FOB faq NIW 455.00 Sarawak spadal black FOB NIW 380.00
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    • Article
      RAS and MRELB
      347 5 RAS prices s cm****, fob m t»toa NOON close Rayon S«ll«r» Rayon S»*»n Int 1 RSS Prompt 162.50 163JON 162.00 163.00N Int 1 RSS D*c 165.30 166.00 1650)0 165.50 ht 1 RSS Jan 90 169.00 169.50 16BJ0 1694)0 Int 2 RSS Of 160-50 162.50N 160.00 162XWN Int
      347 words
    • Article
      Soybean
      136 5 COMMISSION HOUSE buying, fuelled by talk* the Soviet Union would soon get Most-Favoured-Nation status, lifted Chicago Board of Trade soybean futures to a higher close across the board on Thursday. Sovist Union MFN could be accompanied by government credit guarantees for grain purchasee. Traders said the market s ability
      136 words
    • Article
      Rubber
      329 5 SINGAPORE: Rubber prices closed quietly steady with December 1 RSS buyer quoted at 166.00 cents a kg yesterday, unchanged from Thuraday'a cloee. The market was quiet during the sftemoon session with prices fluctuating within a narrow band. Dealers said news the Inro buffer stock manager waa unlikely to intervene
      329 words
    • Article
      Palm Oil
      558 5 MALAYSIAN CRUDE PALM (ML FUTURES clooed marginally Btoadlar on tha KLCE yesterday on short covering activities. Dealers aakl pricea were atabiliaing in view of doubts over the stock figuree released by the Palm Oil Registration and UceneJng Authority on Wedneaday and a couple of other (actors. "There ia
      558 words
    • Article
      Wheat
      154 5 CHICAGO BOARD of Trade soft red winter wheat futures closed higher on Thursday, supported by expectations the Soviet Union would soon be granted Moet-favoured-Nation status. New-crop months got added support from crop damaging frigid weather and continued dry conditions in some hard red winter wheat areas of the Great
      154 words
  • Page 5 Miscellaneous
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  • MONEY AND EXCHANGES
    • Article
      Forex markets
      1220 6 BMGAPORE: The US dollar ended almost unchanged against major currencies in uneventful trade yesterday, with players shrugging off better-than-expected US September trade data to focus on cross-trsding, dealers said. "Trading was quiet and mainly concentrated on interbank trading and profit-taking on mark/yen crosses," Hiroyoshi Akiyama. treasury manager of
      1,220 words
    • Article
      Asian dollar market
      261 6 ASIAN dollar deposit rates closed steady yesterday after hovering narrowly at around opening levels in quiet trading ahead of the weekend, dealers said. Fading hopes the Fed will ease credit soon after a better than expected U557.94 billion US September trade deficit underpinned prices. Yesterday's 1330 GMT
      261 words
    • Article
      IMM
      258 6 IMM currency futures ended a volatile session lower and near mid-range on Thursday. Contract values were well above the day's lows after shrugging off news that the US trade gap shrank to a smailer-than-forecast U557.94 billion in September. Prices dropped immediately following the data, which compared to average expectations
      258 words
    • Article
      Lock icon Precious Metals
      281 6 Reuter HONOKONO: Gold closed slightly firmer in quiet trade yesterday. Gold rose to U*****.80/392.30 trom U*****.50/392.00 in New York on Thursday. Local gold advanced HK$24 to HK53,648 a tael. Coins firmed. TOKYO: Prices of yen-denominated gold futures ended three to 12 yen per gram firmer yesterday. Individual speculators
      Reuter  -  281 words
    • Article
      Simex
      503 6 EURODOLLAR future* cloeed lower on profit-taking end liquidation in quiet trade on Simex yesterday. December fell to 91.66 from Chicago'a 91.68 and March to 92.20 from 92.22. Three-month Euroyen futures fell on profit-taking. December fell to 93.29 from Tiffe's close yesterday of 93.32 and March to 93.45 from 93.46.
      503 words
    • Article
      Comex gold/silver futures
      164 6 Gold futures on Novombor 16, 1989 100 toy ouncat USS p« troy ounc* M«h LM MM rtou 391.40 +010 Doc 390.10 395-70 389 60 ***** -0.10 jon 90 395.30 -0.10 Fob 395.30 400.70 197.70 -OIO Apr *****0 ***** 399 30 402.50 -OIO jw, 406*0 410.00 40*00 401.10
      164 words
    • Article
      Government securities market
      123 6 f Treasury bills Period Issue Yesterday's < iodng Day's code Maturity MD orm MGH LOW 3 morttw RQ*****F 15.02.90 445 440 442 442 6 HM<h> IS*****V 1&01.90 445 4*40 1 ytor •Y*****Z 18.10.90 4J7 4J2 Government n< >tes and bondi 1 Period Issue Maturity Coupon y, ,4,
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    • Article
      Options
      1140 6 CURRENCY FUTURES OPTIONS Friday Mo»awibsr 17 1969 DCUTKHUURK (MflCX) DNNI* OMMPMH S3 53 94 DM M Mh DmMMM ti n 73 73 CURRENCY FUTURES OPTIONS IMM Thunday, No*wwb*r 16, 1989 wmw pound tnw. •—m pf t Mm Dii i Mm Hm Oih p 1935 442 344 540 044 144
      1,140 words
    • Article, Illustration
      World interest rates
      177 6 prime lendtagnSSi el 12 me>er banks In 8* pore N Interbank marfcat rates (offar/bkl) on Nov 17 US$ DM SWPC Y«n 7 4mf »/1* 7/14 IS 14 7/9 7 3/4 7 if* 7 4 7/1 tl/4-tl/l la* 4/14 7/14 IS 1/14 14 1S/M 7 7/1 7 J/4
      177 words
    • Article
      Money markets
      52 6 THE overnight rata on the Singapore money market remained unchanged at 5-9/16 yesterday. Short-term rates were also unchanged. S$ Intfbank ratM ot th* dots ytrttrdoyi <orm m Onmt*t S t/1* S 7/1* 1-m* S 7/1* S 3/1* 2-m* 9 7/1* S 5/1* 3-w* S 7/1* S 5/1* nod*
      52 words
  • Page 6 Advertisements
    • Advertisement
      Page 6 Advertisements Column 1
      25 6 The H Explore New Zealand as you please Jetset9 air new zeaiano y||7 135 Cecil Street, #<>4-0 l N||Vlr. LKN Buridine. Singaporeolo6 TRAVEL TFX: *****01
      25 words
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  • COMPANIES & STOCK MARKETS
    • Article
      DBS Land sets up two units to lead move into tourism
      392 7  -  By ABDUL HADHI PROPERTY GROUP DBS Land has set up two wholly-ownsd subsidiaries to spearhead its involvement in the hotel, tourism and hospitality sector. Raffles International Ltd (RIL), which is capitalised at $1 million, aima to provide "professional management
      392 words
    • Article
      Auditors qualify Chuan Hup (A)'s accounts
      356 7 FINANCIALLY-TROUBLED Chuan Hup Australia (CHA), which recently announced plana to sell its major operating asset Finbar Marine Pty Ltd, has hsd its Istest accounts qualified by its auditors. Locally-listed Chuan Hup Holdings has s near 19 per cent stake in CHA. In unusually strong
      356 words
    • Article
      Big blocks of SingLand shares change hands
      259 7 SUBSTANTIAL blocks of Singapore Land shares continue to come into play this week despite a weak stock market A total of 2.4 million Sing Land shares were crossed on Wednesday morning. One block of 2.1 million shares was done at $14.50 and another,
      259 words
    • Article
      COMPANY BRIEFS
      298 7 CENTRAL INDUSTRIAL Corporation Bhd (CICB), an associated company of Ganda Holdings Berhad and Samanda Holdings Bhd, has received the Capital Issues Committee's approval to list 10.195 million of its shares on the KLSE's second board. The CIC has also approved CICB's proposed bonus issue of 1.215 million new
      298 words
    • Article
      Lock icon Stanchart denies sale of HK headquarters
      130 7 Reuter STANDARD CHARTERED Bank, a unit of Londonbased Standard Chartered pic, has denied talk that it would sell its new Hongkong headquarters building. "It's a little difficult for us to sell the building now as we have sold to Nishimatsu the right to lease
      Reuter  -  130 words
    • Article, Illustration
      Hai Sun Hup hopes to charter two more vessels to Mitsui
      530 7  -  By MAGDALENE NG SHIPPING-BASED Hsi Sun Hup Group is hoping to charter two more vessels to long-time venture partner Mitsui OSK Lines (Mitsui) of Japan, to which the local group is placing out a block of 7.25 million shares
      530 words
    • SES
      • Article, Illustration
        Better US trade figures fail to liven up market
        670 8  -  bf ABDUL HADHI MARKED IMPROVEMENT in Joe US trade figures for Septem- ber failed to cheer the Singapore stock market yesterday. j Bargain-hunting towards the close and gains in some index "stocks pushed up the Straits Times Industrials Index by 2.09
        670 words
      • Article
        SINGAPORE STOCKS
        218 8 Rises :c«MS 50* 215 9.7% +19 < chmo-Poc TS8 94 54 5.9% +3 Woe Wru 33)4 +1 )4 w«ontM 695 4J% +30 "5«a Vtow 460 4.3% +20 191 +3.8% +7 «tJmo-Padflc 118 +3J% +4 48 +3.2% +1)4 C *S f H Foreign 875 2.9% 25 1000 +2.6% +25
        218 words
      • Article
        MALAYSIAN STOCKS
        222 8 Z Rises ~J(«»ang Corpn 120 +17.6% -1-18 JManano Corp 98 +7.1% 6% lanldng CUN 95 +5.6% +5 Ganda Htdgs 49% +5.3% 2% Muipha InH 50# 40 +5.3% +2 Fab«r M*rtln 37% +4.2% +1% -K Kcmpor $1 JO 320 3.2% +10 *H Uong M 50# 326 2.5% +8 .MuM-PurpoM
        222 words
      • Article
        Unit trusts
        332 8 i Managers' prices Royal Trust Asset Mgt «»lor Nov 18 20 IT S'por* Gr Fund 0.81* 087* IT Asia-foe Gf Fund 1.065 1.125 Singapore Unit Trust Tk» 1 111 IV OCBC-S1MBI Investment w tu Savingi Fund 1.01 107 Savao Capital Fund 101 106 Vpora Prog Fund 0.45 0.49
        332 words
      • Article
        COMPANY MEETINGS
        43 8 BATU KAWAN BERHAD: EQM at tha Company. Wiama Talko, No. 1, Jalan S.P Seenivaaagam, ***** Ipoh, Perak, Malaysia, today at 12.15pm QLENEALY PLANTATIONS (MAiAYSIA) BERHADThirtieth AQM at Wlsma Taiko, No 1 Jalan S.P Saenivaaagam, Ipoh. Parak. Malaysia, today at 9.00 am
        43 words
      • Article
        SES SHARE INFO-SESDAQ STOCKS
        313 8 v Qr'a Gr'a m J*! Vol Day Last Quota Dhr Oiv rw Not M Coo Mgh Low Coda Company Salo or- ('000) High Low Buyor Sollor C'vr P/E $mll ip NOV 17 SESDAQ 3M 120 t 4000 Amtok Eng 200 338 call -6 91 346 338
        313 words
    • Article
      SES SHARE INFO -S'PORE STOCKS
      2221 8 h^ 1 9 -J?* Vo* Day UmI Quota Otv" n« y*M im m cm H*h Uw Cod. Compony Jg. <«••« H* Low Si P* DEBENTURES, BONDS, LOANS 1 «M 22 "IrTT.f 0 2i »1 ao 2.1 41 37* S c2SS t£T 22 T* W JM
      2,221 words
    • Article
      SES SHARE INFO -M'SIAN STOCKS
      2724 9 bm i_ LmI YOI Doy Laal Own* Oh Ok rid IM M Cap High Low Coda Company Mo +or- fOOB) High Low Buyor SoSor Cw P/E Mi NOV 17 SECTION ONE moustrial commercial 128 60 1001 Atoom 106 +2 100 106 103 104 106 00.0
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    • KLSE
      • Article, Illustration
        Lock icon Prices drift to a mixed close
        3346 9 MBT DABBLERS remained indecisive end share price* drifted to a mixed close egein in quiet trading on the Kuale Lumpur stock market yeeterdsy. The performance of the market was s disappointment despite firmer leeds from oversees bourses. Neither bulls nor beers were willing to
        MBT  -  3,346 words
    • REGIONAL MARKETS
      • Article
        Lock icon Taipei: Lower close
        413 10 Reuter PROFIT-TAKING by edgy investors one* again wiped out early gains on the Taiwan stock market yesterday and pushed the index to a lower finiah, dealers said. The weighted Index dropped 82.07 points, or 0.7 per cent, to end at 10,325.07 compared with Thuraday'a 10,407.14 cioee. Turnover
        Reuter  -  413 words
      • Article
        Lock icon Seoul: Shares weaken
        242 10 Reuter SEOUL STOCKS lost ground In light trad* yesterday as sailing by individuals overwhelmed buying by institutions, brokers said. The compoelte Index dropped 8.91 to 890.60. Volume was off substantially from the close on Wsdnssdsy, with 181.4 billion won trsdsd against 251.0 billion the day before. Fails
        Reuter  -  242 words
      • Article, Illustration
        Lock icon Key resistance breached
        1220 10 Hongkong Reuter HONGKONG stocks edged higher on late, light buying yeeterday. breaching a tough, key peychoiogical resistance level, brokers said. The Hang Seng Index roee 14.78 to 2J04.29, juet over the 2,800 level it had battled for three straight days. Brokers said afternoon activity was thin snd
        Reuter  -  1,220 words
      • Article, Illustration
        Lock icon Another record
        557 10 Tokyo Reuter TYPICAL Friday restraint and aoma warineaa over a potentially overheated Index dragged share prices back from earlier hlgha. but the Nikkei still managed to close at a record yaatorday. Analysts ware hardpreaaed to find trading themea. "It's been a very urrfocuaed market today." said Maaaharu Sakudo,
        Reuter  -  557 words
      • Article, Illustration
        Lock icon Modest gain
        442 10 Australia Reuter AUSTRALIA'S share market yesterday managed a modest gain in a quiet end to the week's trading, but a drop In the December tutu res contract inotciioa r<o6wtd pessimism about the market's direction, brokers said. The All Ordinaries Index cloeed 5.0 points up at 1,634.4, off Its
        Reuter  -  442 words
    • WORLD MARKETS
      • Article, Illustration
        Lock icon Share prices close mixed
        735 11 New York Reuter US STOCKS cloeed mixed on Thursday after a day of seesaw trading that •tartad with alation ovar improved trada deficit figure*. Later, there were fears that the Federal Reeerve may no longer need to ease credit traders said. The Dow Jones Industrial Average
        Reuter  -  735 words
      • Article, Illustration
        Lock icon Equities higher at midday
        812 11 London AP LONDON share prices held their gains through midday yesterday despite worse-tharvexpected British inflation figures. The market temporarily shed a couple of points on news that the retail price index roee 0.8 per cent in October from September and was up 7.3 per cent on
        AP  -  812 words
      • Article
        Bangkok: Index up
        175 11 A TOTAL of 13.786.868 Bharos worth 2,584.46 million baht wer® tiradod ywtordav. NOV 17 BAHT *b Aflttrtcin Standard Ao KhamThai. MS -2 Ayudhya InnaakmK. 43 -0.5 Bangkok Aground..... AM +1 Bangkok Bank. 281 2 Bar* Of Ayudhva. 342 unch Charung Thai Wlra A CaHa. 306 unch DatamaL..
        175 words
      • Article
        Lock icon New Zealand: Listless
        197 11 Reuter SHARE PRICES were mixed but the market wss fist overall in listless trading yesterdsy that looks set to spill into next week, brokers said. "The market's slipping sideways I don't think it's going to move dramatically either way," Ord O'Connor Qrieve's John Rattray said. The Barclays
        Reuter  -  197 words
      • Article
        Lock icon Jakarta: Lower finish
        84 11 Reuter PRICES on the Jakarta stock market ware generally lower yesterday, with dealers saying that trade was hectic. "Buying Interest is good. But it seems to be their (the buyers') market We're continuously forced to sell sharee cheeper," one broker said. The Lippo Bank fell 1.500 rupiah
        Reuter  -  84 words
      • Article
        Lock icon Manila: Shares and firmar
        152 11 Reuter PHILIPPINE shares rebounded to ctoee higher on short-term bargsinhuntlng yeeterday, but brokers said sentiment remained nervous amid eecalating violence ahead of tomorrow's poll on autonomy in the southern Mindanao island. The Manila Stock Exchange compoeite index rose 19.32 to end at 1,377.86. "This is nothing
        Reuter  -  152 words
      • Article
        Lock icon Hoylake ready to make 80pc cash bid for BAT
        455 11 FT SIR JAMEB Goldsmith Hoylake consortium Is prepared to pitch any new bid tor BAT Industries, the UK tobacco-based conglomerate, at 860 pence a share and at Isest 80 per cent of ths offer would be In cesh. Ths structure of
        FT  -  455 words
      • Article
        EUROPEAN MARKETS ROUNDUP
        1191 11 FRANKFURT: West Germen •hare prices snded yeeterday steady on Thuraday'a closing levels but dealers reported continued demand lor slocks likely to benefit from the opening of East Germany's borders. Such shares, including some heavy induatrials, outperformed the market. Dealers said the rally which put 2 per cent
        1,191 words
      • Article
        Selected Indices
        106 11 HONGKONG II, ..I ,1 'J nonyeony VKMX Md 9, IJ46J6 TWtdoy IjBUI Waak ago IJ27J6 Hang Sang Mtx Friday 7JKA39 Thuriday 2J7»S\ Waak ago 2.***** TOKYO NUMI AvtfQQt Friday 35.963.74 Tlmnday 35*7634 Waak ago TOPtX Friday Z717J0 TKurtday Z721XB Waak ago 24*277 SYDNEY AM OrdbnrfM Friday >434.4 Thunday
        106 words
  • Page 7 Advertisements
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      Page 7 Advertisements Column 1
      454 7 Precision mastery since 1775 s7 I \clusi\cl\ .it I ho I loui C,Liss Like The New at Ratty a Waterbeds are saia to be good kx peopte who suffer from arwms SQIIItJOQ V rheumatism. Insomnia and backache. jT O *|H£ THAT GOOD NIGHT'S jfe J!^' The biggest advantage of waterbeds
      454 words
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      Page 7 Advertisements Column 2
      5 7 I See Slockwalch, PAGE ELEVEN
      5 words
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  • Page 10 Advertisements
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      Page 10 Advertisements Column 1
      852 10 I W NOTICE NOTICE IS HEREBY GIVEN that, I Tan Wan Ling of Block 524, Bedok North, Street 3, #13-368, Singapore (1646), have applied for a Retail Liquor Shop licence in respect of premises at M/s Sunshine Allied Investments Limited at Parkway Parade, 80, Marine Parade, #81-Kl, Singapore (1544), and
      852 words
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      Page 10 Advertisements Column 2
      827 10 NOTICE NOTICE IS HEREBY GIVEN that, I Ang Chun Giap of Block 860, Tampines Ave 5 #02-639, Singapore (1852), have applied for a Beer House, First Class licence in respect of premises at M/s Happy Villa Cafeteria at Blk 446, Pasir Ris Drive 6 #01-128 Singapore (1851). and that this
      827 words
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      Page 10 Advertisements Column 3
      485 10 NOTICE NOTICE IS HEREBY GIVEN that, I Mrs Genevieve Kow of No 846 Sims Ave #04-756 Singapore (1440), have applied for a Retail Liquor Shop licence in respect of premises at M/s Floral Arcade Gills at 865 Mountbatten Rd #01-87 Katong Shopping Centre Singapore (1543), and that this application win
      485 words
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      Page 11 Advertisements Column 1
      121 11 NOTICE NOTICE IS HEREBY GIVEN that, I Foo Stie Wah of No. 2, Grove Lane, Singapore (1027), have applied for a Second Class Public House licence in respect of premises at M/s Silver Spoon Coffee House (Marina) Pte Ltd at 6 Raffles Boulevard #03-242 Marina Square, Singapore (0103) and that
      121 words
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      Page 11 Advertisements Column 2
      289 11 NOTICES SYSTEMS (S) PTE LTD tin Mcnvotrv vowniiry Liquidation) NOTICE OF FMAL MEETMQ NOTICE IS HEREBY GIVEN pursuant to Sscfcn 306 of fw Companies AcL Cap. 80 twt tw Final Meeting otMambers of tw sbovsnemsa Company wR be hsld st 16 Rsfllw Swy <22-00 »Laong BuikAoo Singapore on tw 19th
      289 words
    • Advertisement
      Page 11 Advertisements Column 3
      337 11 IN THE MATTES OF THE COMPANIES ACT (CHAPTER 50) AND IN THE MATTES OP KAYU MANIS PIE LTD (Incorporated In the Republic of Singapore) On Liquidation) (Members' Voluntary Wlndlnc-Up) At an Extraordinary General Meeting of the abovenamed Company duly convened and held at 101-A Upper Croaa Street #11-14 People's Park
      337 words
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      Page 11 Advertisements Column 4
      361 11 In the matter of THE COMPANIES ACT, CAP. SO and in tto Blatter of ENMATRANSPTE LTD (MEMBERS' VOLUNTARY WINDING UP) At an Extraordinary General Meeting of the Members of the abovenamed Company duly oonvened and held at 51 Anson Road. #08-57 ft #03-69 Anson Centre, Singapore 0907, on Saturday, 18th
      361 words
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      Page 11 Advertisements Column 5
      394 11 IN THE MATTER OF 91 J EUL PTE. LTD. (Members' Voluntary r Liquidation) NOTICE OF FINAL MEETING > NOTICE IS HBEBY GJVEH pursuant to Secbon 308 of the > Companies Act. (Chapter SOI that s Final Qsnarsi Mseting o> tha Members of toe above- named compenywß beheld at > 101-A
      394 words
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  • Article
    HDB commercial land sale attracts property big shots
    620 12  -  43 BIOS FOR YISHUN AND TAMPINES TOWN CENTRE PLOTS By LEE HAN SHIH, Property Correspondent DEVELOPERS, frustrated or frightened by the tight supply and high prices of Orchard Road and Raffles Place rsal •state, are now putting their money elsewhere in public
    620 words
  • Article
    UN approves Asean draft resolution
    570 12  -  By BOEY KIT YIN of the Foreign Desk ASEAN'S draft resolution calling for a comprehensive settlement in Cambodia wss approved overwhelmingly by the UN General Assembly on Thursday. In a statement yesterday, Singapore's Foreign Minister Wong Kan Seng hailed the reeult as an sndorsement of
    570 words
  • Article
    Lock icon India says UN should have recognised Viet withdrawal
    137 12 AFP INOIA said that it abstained from voting on Thursday's United Nations resolution because the motion failed to acknowledge Vietnam's military withdrawal. India, the only major country outside the Soviet bloc to recognise the Ha-noi-installed regime in Phnom Penh, has consistently abstained
    AFP  -  137 words
  • Article, Illustration
    French franc may play bigger role in investments here
    377 12  -  By HARISH MEHTA ol the Foreign D THE FRENCH FRANC could play a bigger role in investments here after Paris kicks off 1990 with an economic push to increase trade and investments in Singapore. French Ambassador to Singapore Bernard de Montferrand
    377 words
  • Article
    Lock icon Progress in talks on freer trade
    226 12 Reuter MINISTERS from 27 countries ended two days of world trade talks in Tokyo yesterday and officials said that the meeting had improved prospects of reaching agreement on fighting protectionism. Ryu Yamazaki, a director of the Japanese Foreign Ministry's Economic Affairs Bureau, said a
    Reuter  -  226 words
  • Article
    Lock icon Retaining power more important than 30pc equity for bumis: Dr M
    353 12 Bernama MALAYSIAN Prime Minister Dstuk Seri Dr Mahathir Mohamad yeeterday reminded bumiputras that the preeervation of power and the potential for economic growth were more important than the target of achieving 30 per cent bumiputra equity through the New
    Bernama  -  353 words
  • Article
    Certification system for workers in tourism industry
    384 12  -  ■y SUZANNE SOH FOR EVERY $1 billion spent by tourists in Singapore, 33,000 Jobs ars created, making the tourism industry ona of ths major employers, said Dr Tay Eng Soon yestsrday. Therefore, it is important to upgrade ths skills and professionalism of workers,
    384 words
  • Article
    Lock icon Umno accepts resolutions
    125 12 Bernama TWENTY-FIVE resolutions, covering matters ranging from efforts to resolve Mslay disunity and the prevention of the entry of illegal immigrants to the wiping out of gsmbling were accepted without debate by the Umno General Assembly in Kuala Lumpur yeeterday. Other reaolutiona included calls to the government
    Bernama  -  125 words
  • Article
    Lock icon Comex gold
    87 12 Reuter COM EX gold futures were firmer in early trading yesterday on commission house and local action as the market took direction from the rallying silver. Traders said gold has been consolidating while inching nearer the critical US$4OO mark. "It's going to be a tough hurdle to get
    Reuter  -  87 words
  • LATE FILE
    • Article
      Lock icon Mladenov elected Bulgarian head
      39 12 Reuter BULGARIA'S new reformist Communist Psrty chief Pstsr Mlsdsnov wss slsctsd by Parliament ysstsrdsy to ths country's suprsms post of ststs prssident Softs radio reported. Ousted Communist leader Todor Zhivkov wss earlier sacked ss president
      Reuter  -  39 words
    • Article
      Lock icon East Germany's new Cabinet
      36 12 AP EAST GERMANY'S premier prssented s new Csbinst to Pari lament for approval yeeterday. with the Communists still dominant but thsir non-Communist si lies holding mors than one-third of the posts. AP
      AP  -  36 words
    • Article
      Lock icon Japan to fund more projects
      35 12 Oana-Antara JAPAN is considering seversl mors Aseen industrial protects proposed tor funding from the Aseen-Jepen Development Fund (AJDF), a senior officisl of the Aeean Secretariat in Jakarta said ysstsrdsy. Osns-Antara
      Oana-Antara  -  35 words
    • Article
      Lock icon Plan for forcible repatriation
      69 12 AFP HONGKONG hopes to have arrangements in place to forcibly repatriate Vietnamese boat people by the end of the year, the governor of the colony said in London yesterday. But the way in which the operation will be monitored still remains to be egreed with Vietnam,
      AFP  -  69 words
    • Article
      Lock icon Pattaya facing water shortage
      70 12 Reuter PATTAYA, Thailand's biggsst beach resort which can accommodate up to 12.000 tourists, is facing an acuta walsr shortage as the main holiday seeeon opens, a waterworks official eaid yeeterday. He said hotels in the fast-grow-ing reeort east of Bangkok on the Gulf of Thailand might
      Reuter  -  70 words
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      26 12 To Clothe In Shle Willi Qualih Y*rn-0 7. LEIGHTON'S SHOP PTE LTD 1-N,/, \h-iilli' l s|\(,\POK* 101 KISTN S|\(, \PORK M VSTKR PROMOTION BOVKI) TAILORS ASSOCIATION
      26 words
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      Page 12 Advertisements Column 2
      246 12 The ailvar report was not available at preee-tlme. INTRODUCING THE FIRST LAPTOP THAT LEAVES NOTHING BEHIND. worwmagazm AWARDJ\ EXCEPT THIS. ftfl I I BVy; The new COMPAQ SLT/286 Personal Computer is the first laptop to fit all the power of a desktop into such a small, portable package. And do
      246 words
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  • Executive Lifestyle
    • Article, Illustration
      A cartoonist abroad
      542 13  -  Lampooning political figures and making political comment through cartoons is not something Asian leaders generally find endearing, suggests Morgan Chua. This home-grown artist working in Hongkong spoke to FOO CHOY PENG on his book, Tiananmen, which tries to illustrate that the brush is still mightier than the
      542 words
    • Article, Illustration
      Thanks for friends and family
      844 13 THE THANKSGIVING holiday that Americans will, celebrate this coming Thursday has its origin in the Puritans' journey from England 370 years sgo. The Puritans, also known ss Pilgrims, arrived in 1620 in what is now Massachusetts. They had fled England seeking religious freedom. The next
      844 words
    • Commentary
      • Article, Illustration
        The use and misuse of econometrics
        972 14  -  TAN KEE WEE Tho wrltor, a PhD In Economica. It on BT* Political and Economics Dmk. BEFORE politicians and business leaders arrive at crucial decisions that could affsct millions of psopls sr cost millions of dollars, thsy take into account forecasts about the future
        972 words
      • Article, Illustration
        To cut or not to cut?
        982 14  -  LEONG FOOK HENG Tlw wrlfr it BT* deputy fmturm odltot. SOME TIME BACK, the director of the film Platoon withdraw the movie rather than have a cut veraion ahown. Round about mid-year, The Accused produced dieagreement as to whether the cut made marred the
        982 words
      • Article, Illustration
        Program trading: the false furore
        766 14  -  JACK EGAN This wUctrn tint appomrwd In tho US MmW9 3 World Report. WHEN A STOCK DIVES on news of lower-than-expected aarnlnge or eome other negative deveiopmont affecting Mi proepecta, invaatora grudgingly taka their lumpa. What Inveetora And harder to accapt ara acroea-the-board aall-offa that
        766 words
      • Article
        Views personal, not UOB See's
        68 14  -  letter to the Editor Fred Teo UOB lecurtiee Me Lid Omt Mr. We refer to the letter, "Change Foreign Ownership Rules to Boost Stockmarket" (BT, Nov 11) by Mr Charlie Lau Suan Uat We wish to clarify that the views expreesed by the writer, a
        68 words
    • Executive Lifestyle: Entertainment & Pursuits
      • Article, Illustration
        Lock icon Beyond Osaka
        1314 15 TRAVEL "I am a fox. From where, will not say, lest they hunt me down. Where I went though, was across the oceans to visit my cousins In Hokkaido, where foxes are lords, and I heard, often turn into men. From there, after a somewhat strange meal of
        Photos by C J TAN  -  1,314 words
      • Article
        STRAWS in the Wind
        348 15 AN INMATE at Woodbridge Hospital, who gets to Isavs the institution on weekends to visit the "outside world", always returns on Sunday nights with bags of goodies for his fellow patients at the hospital. When asked by the nurses one night where he obtained the money
        348 words
      • Article, Illustration
        Lock icon Beaujolais rush uncorks fine '89 French vintage
        647 16  -  WINE By NELSON GRAVES Reuter THE FIRST RUBY-RED drope of thie year's Beaujolais Nouveau, young trail-blazer of what French wine growera expect to be a superlative year, reached drinkers sround the world on Thursday. The first bottlee of Beaujoiaia, expected to rank among
        Reuter  -  647 words
    • Executive Lifestyle: Entertainments, the Arts & Pursuits
      • Article
        Lock icon Getting that turkey just right
        498 17  -  FOOD By PIERRE FRANEY NYT "IJhE GREATEST challenge to many home cooks at this time of year is roasting a turkey just right so mat the legs and thighs cook thoroughly but the (feast remains moist. Frequent rotating of the bird and liberal basting &e
        NYT  -  498 words
      • Article, Illustration
        Scorpions of Shandong
        545 17  -  By QUEK SWEE PENG IT WAS, on reflection, a rather daunting deciaion to allow oneself to partake of deep-fried scorpions neatly arranged on a bed of batter-fried asparagus. Creepy-crawlies. Ugh! Ugh it wasn't Unusual, perhapa. The appearance of the arachnid no bigger than scm in length with
        545 words
      • Article, Illustration
        BILLBOARD
        1484 17  -  Complied by ROSNAH STAQE PERFORMANCES: Sedeo Wmtanabe Watanabe jazzes up the stage at the World Trade Centre Auditorium on Nov 27 and 28 at 0.30 pm. Tickets at $80, $80, $40 and $25 are available at Jasper Productions snd Tangs (2nd Isvel, Customer Service Dept). Masfe far ftwyam The
        1,484 words
      • Article, Illustration
        Are we going the dinosaur way?
        957 18  -  HEALTH By RICHARD SEAH THE NATIONAL Health Fair ia over, but there la another exhibition that ahould start us thinking seriously about health and the environment. Dinoeaurs and Man, an exhibition at the Science Centre, ia more than just an impreeeive display of million-year-oid
        957 words
      • Article, Illustration
        Movies + Music = Profits
        1028 18 Movies Music Profits SOUNDTRACK: Young BnsMn (AMI) SOUNDTRACK: Mnk CadWae (Warnsr Bros) ANYONE who believes sn average movie's box-office stock can't be boosted by s solid soundtrack needs only s fsw sxsmples as references: Who' 9 That Girl, Footiooaa, Flashdtnce. Movies and music sod perfect fit for combined profits. Young
        1,028 words
      • Article, Illustration
        There's more to life than male menopause
        539 19  -  b» JAIME LYE WE'VE ALL HEARD about office romances, but this is taking things s little too tar. But not for Ai Pacino, who reaeems mmseiT antr (nil nmbis movis, MMkl in s rota that flts him a lot bsttar than the floppy
        539 words
      • Article, Illustration
        Stevens — still shakin' in his 40s
        713 19  - Stevens still shakin' in his 40s NOSTALGIA By DAVID CHEW ITB A SHOWBIZ Irony thai SOfTW linQ#fl tSStS lUCC6M gkji |I|A AASA MfAtliA ww Mm no u)f Mrs wniie others only menage to M vour Hi iwn( taste ytvs after thay have alogged their guls out, singing unnoticed In various
        713 words
      • SHORT TAKES
        • Article, Illustration
          The Triumph of German fashion
          83 19 If you happen to be In the vicinity of the MTU factory at Benoi Piece In Jurong on Dec 2, you will get to see more Triumph undies then you'll ever hope to see, along with German faehlone from the labels Hugo Boee and Eacada.
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        • Article
          Rover gets to fly First Class
          133 19 If you have a very important pet you want to send overseas, but are afraid of the poor mutt being cooped up with crateloads of vego- tablee snd aaaorted livestock, call British Airwaya. Their "Fly Together" service ia what they call the new "First
          133 words
      • Article, Illustration
        Second childhood
        486 24  -  CINEMA By JAIME LYE I WANT TO BE a kid again. A Disney kid, that ia. Call my agent. I want to be one of thoae kida in Homy, Shrunk the /(Mb who get to eat giant cream-filled cookies and have ants for pets. Remember thoae childhood weekends
        486 words
    • Executive Lifestyle: Sports
      • Article, Illustration
        Three pros turn in 69s at Jurong
        604 20  -  GOLF By A SURENDREN fcfcSHLY-CUT FAIRWAYS to have an invigorating Set on tha golfers taking part Mam man Golf Classic at Jurong Country Club. Three MQfeesionala turned in three-un-fir-par 60s to take spots within strokes of the lead. Danny Oe Loe Santos Wded
        604 words
      • Article
        Aussies' perilous journey to World Cup
        381 20 AUSTRALIANS Wayne Grady and Peter Fowler took 00 hours to travel halfway round the world and just another six to leave it behind when the World Cup of golf began in Marbella, Spain on Thursday. Grady (00) and Fowler (00) were the perfect combination
        381 words
      • Article, Illustration
        Vacheron Constantin-QE II Cup runneth over
        576 20  -  > on TMCK With JEROME FANDOR THE V ACHERON CONS T ANT INQueen Elizabeth II Cup to be run over 2000 m has attracM a capacity, If average. flald of 16 runnara with four handlcappad emergency acceptors. Aa the baat dlatanca horses prepare for
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      • Article, Illustration
        Lock icon Navratilova proves she's still got it
        381 20 TENNIS AP MARTINA NAVRATILOVA. Miking her first major title since 1967, faced the future on Thursday night and survived barely. Fighting off a strong challenge from Monica Beiee, lass than half her age, Navratilova defeated the 15-year-old from Yugoslavia 6-3, 5-7, 7-5 and moved
        AP  -  381 words
      • Article, Illustration
        Lock icon Muhammad Ali — now you see him, now you don't
        593 20 Muhammad Ali now you see him, now you don't BOXING Reuter FIFTEEN YEARS AGO. when Muhammad Ali was a blur of light-ning-quick hands and tassled shoes skipping acroes the canvas, he would have loved what they are saying about him today. "There he ia, there he ain't," Irving Rudd, a
        Reuter  -  593 words
      • Article
        Lock icon BASKETBALL Milwaukee scores record 50 points
        230 20 AP THE MILWAUKEE BUCKS tied an NBA record with 50 points in tho first quarter and. lad by Ricky Pierce'a 28 point*, routed the expansion Orlando Magic 132-113 on Thursday night Milwaukee Jumped to a 13-0 leed and made 21 of its 24 fieldgoal
        AP  -  230 words
    • Executive Jobs
      • Article, Illustration
        Engineering: Hottest career in the next decade
        1283 21  -  By ANNA TEO ENGINEERS WITH VISION. The words appear, somewhat surrealistically, in this picture of a stormy, sundrenched sea, above hazy distant forested shores. It's one of the latest advertisements by the Economic Development Board, no less, to describe the type of engineers
        1,283 words
      • Article, Illustration
        Where West meets East for mutual benefit
        654 21  -  THE BIG MOEE •y SHOEB KAGDA WHEN Eric Lawranca waa told that ha had baan poatad to Singapora, ha hurriad to find a map and locata tha iaiand nation. Canadian by birth, tha 40yaar old managing diractor of Digital Equipmant Singapore waa axcitad
        654 words
      • Article
        Calling all pioneer NTI engineers
        248 21 A COMPLETE profile of the pioneer NTI engineers that's what the Nanyang Technological Institute seeks with a survey this month of its first two batches of graduates. The institute has commissioned the Applied Research Corporation to survey the 1,218 engineers who graduated in 1988 and
        248 words
      • Article, Illustration
        PEOPLE IN BUSINESS
        316 21 AMERICAN EXPRESS Bank Lid has appointed Andraw Qoh Kia Tack as vice-president and head of corporals banking. Ha has extensive experience in banking, having worked for a local snd sn American banks prevtoueiy. American Cyprees Bsnk also snnounced the following promolione: Nicholas Wood to first vtce-preeldent and
        316 words
    • Executive Lifestyle: Investment and Finance
      • Article
        Travelling made easy on the pocket
        1251 22  -  PERSONAL FINANCE ay ALVIN TAY Financial Editor THE SCHOOL holidays art here agSJn. Many of you may ba planning to oo abroad for a family retreat Or you may Just ba taking your annual braak after naarh(Dll montha on tha Job. It ia, of
        1,251 words
      • Article, Illustration
        Lock icon Delisting calls for greater expertise in investment analysis
        558 22 MALAYSIA Bernama THE IMPENDING delisting of share# of Malaysian-incorporat-ed firms from ths Stock Exchange of Singapore by the new year will result in a greater focus on investment analysis, Malaysian stocfcbroklng circles say. "The delisting will mean that greater attention will now
        Bernama  -  558 words
      • Article
        Back to the fundamentals
        389 22 WALL STREET AS LOCAL INVESTORS anxiously look to Wall Street daily for frseh direction, pundits in New York have begun to wonder if the bull market is over. The Singapore stock market rode on the Wall Street bull run and good fundamentals at home to post
        389 words
      • Article
        Manila keen on making more stock offerings overseas
        434 22  -  PHILIPPINES •y AL O LABITA THE PHILIPPINES, euphoric over the success of its first closed and country fund at the New York Btock Exchange (NYSE) this week, is raring for another crack at overseas equity inveetment At the state-run Philippine National Bank
        434 words
      • Article
        Lock icon Sanwa Bank develops index system
        129 22 JAPAN Reuter SANWA BANK Ltd of Japan and its wholly-owned subsidiary Sanwa Capital Management Co Ltd hava Jointly developed an index-linked system for investing in stocks, said a Sanwa Bank apokeeman earlier this week. The system will be targeted mainly at Japanaee and non-Jap-aneee institutional
        Reuter  -  129 words
      • Article
        Construction industry expected to shine brightest
        567 23  -  LOCAL STOCKS By ANDREA BORCH FOR INVESTORS and market followers who wonder it the best days for the Singapore market are over, Ong Nai Pew says no but selectively. Next year's "stellar" performing industries will be construction, with a 12 per cent growth rate;
        567 words
      • Article, Illustration
        Hai Sun Hup issue has good appeal
        805 23  -  STOCKWATCH By LORETTA McLAUGHLAN THE HAI SUN HUP shipping group's share offer is expected to mark the start of an avslanche of new issues on the Stock Exchange of Singapore. In view of the impending delisting of all Malaysian companies from the SES.
        805 words
      • Article, Illustration
        Long base-building period ahead
        499 23  -  CHARTPOINT *9 Najeeb Jarhom Jarhom, rmmmarch mmnagmr, Frm—r Romch Co P* Ltd WALL STREETS Fridsy the 13th mini-Crash has reduced the chancee of the Straits Times Industrisls Index successfully challenging its all-time high of 1,506 in the next three to six months. But the "bsee building"
        499 words
      • Article
        Warrants: premiums and gearing
        501 23 Conversion terms Premium/ Pricss (as st 17.11.89) (discount) Expiry Amount Optional** using (m units) Wrts Shsrs Ln stfc p r Lnstk Cash Cash 1 Ln stk* G#arin 4 nom Data »"ths value I «ft < C K Tang 16.9 2.900 5.400 1.00 2.25 -5 1.06 31.5.90
        501 words
      • Article, Illustration
        Getting your timing in currencies right
        403 23  -  By C DOW WITH THE interest rats of Singa-pore-dollar deposits at around 5 per cent well below that of all the major currencies, the temptation to switch into some of them must be very great eepecially since the local stock market seems finished for
        403 words
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      8 13 Straw* In th# Wind to on Pagi Thr««
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      Page 13 Advertisements Column 2
      113 13 NEED A J CAR LOAN? mf Call USA from any phone, any day, anytime at 222 5544 or 222 8844 HNAMEMffIED RNMK^LMTEDt 9 "WE DID IT, FIRST TIME ROUND. AFTER ALL THOSE YEARS WE SPENT TOGETHER AT SCHOOL, I KNEW WE'D MAKE AN UNBEATABLE PARTNERSHIP." -ti '»irMn OMEGA. The records
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      103 14 TfllfF ADVANTAGE OF SPECIAL SINGLE SERVINGS AT CLUB MED MAURITIUS fl ONE PERSON. ONE WEEK. ONE LOW PRICE. E Join in on all the fun and excitement of our special 'Single K Servings' at Club Med Mauritius. Departure dates: IK December 6 13 on Air Mauritius. Everything is included for
      103 words
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      Page 14 Advertisements Column 2
      61 14 inr i| welcomes letters from Its readers, I Letters must Include the author's I name, sddrsaa and home and office I telephone numbers. BT reservaa the I right to sdH letters for purposes of clarity and apace. Pteaae address letters lo: The Edhor, Buaineaa Times, Times Houss, 390 Kim Seng
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      32 15 Man: the true picture. Ar m -M»l ,A t^ki r f >-V./*\ XA, y3O, #>y^?*Mwilf'lSyr'' r I ifllrll^M^ KkIZIAIKDAVD THE KRIZIA BOUTIQUE 127 129 tangiin road, tudor court, Singapore 1024. tel.- *****41.
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      291 16 li/fjetrtventertoin. U%n? tofMterta/n... Wfmvfvfnterivdn,,,Wfm^fv. Classics Quangzfiju NOVEMBER 6-1 "A good life is to be born in Suzhou live in Hangzhou and eat in Guangzh> so goes a well-known Chinese idiom. The Westin Plaza has brought in 3 master chefs from Guangzhou's renowned White Swan Hotel to create classical Cantonese cuisine.
      291 words
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      Page 16 Advertisements Column 2
      300 16 0 MING COURT HOTEL SINGAPQKE DIAN XIN BUFFET Our Oian Xin buffet lunch spreod will also include authentic Cantonese dishes like Braised Beef Brisket in brown sauce, Red Braised Chicken in vinegar, Fried Block Fungus with shredded meat.... Enjoy rich wholesome Oian Xin specially prepared by our Hong Kong chef
      300 words
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      190 16 ooimees TaratessrJ TOO LATE FOR BREAKFAST? TOO EARLY FOR LUNCH? CALIFORNIAN BUFFET BRUNCH DtUGHTRJL HOT AND COLD CXSHES A JAZZ BAND TO PUT YOU IN A MERRY MORNING MOOO. EVEN A LEGO PLAYGROUND NEXT DOOR FOR THE SMALL ONES BRUNCH AT NUTMEGS IS AN OUTING FOR THE WHOLE FAMH.Y. SUNDAYS
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      Page 16 Advertisements Column 4
      244 16 i WmL, OPENS Monday to Thursday 6pm lam Friday. Saturday 6pm 3am PH Eve Closed on Sunday DRINKS AT BAR PRICE HAPPY HOURS: 6pm Bpm Plaza Hotel Slf,GA^Qtt Beac* Road Stn*ap <*r 0719 It* *****11 I Lobby Batata- Hot* TW. 33S- 7739 YouH be entertained in wet --et -a- 11,!-,.
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      Page 16 Advertisements Column 5
      313 16 We've decided to take French cuisine to new heights. I Just for November, The Belvedere ascends to the Top 9 of the M, bringing along with it over 60 choice French 9 favourites. At that height, it's certainly lunch with a 9 view. Well, not exactly the view from the
      313 words
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      203 17 ftiterfafti.... J I djubertu* (Srtll K I Eveky Sunday 1 I Family Feast I I In The Park. I At the Hubertiu Grill\ Sunday brunch L) a great II 3 outingfor thefamily. A ghrtouj buffet spread u laid II 9 out for both grown up* and children. And to make
      203 words
  • Page 17 Miscellaneous
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      759 17 to-HKHDOB (gaaaaataaa CRYPTIC PUZZLE chief up (6) 41 Inborn intuitive power imms 5 What the loaded gun (8) wwiusa had. In the newt (8) 42 Rebuke (8) 8 Not where on should 6 StabJemate? (4, 6) down be. but not playing golf 7 For each girl I brought (3,6) in
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      60 18 < It V 1 1 n I *1 r-. v V J'' v IDfcAS FROM MASSIMO OSTI JOIN A 20% DISCOUNT ON YOUR NEXT ITEM/S WITH EVERY FIRST APPAREL YOU BUY AT NORMAL PRICE. NOW TILL 31.12.89. (VALID FOR PER CASH BILL ONLY.) C.R COMPANY BOUTIQUE TANGS STUDIO (LEVEL 1
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      75 19 mi i -',j& *J t i6»»o<t»ti«»i 1 cttoot *<PySjPy- j »«n»mn I I l^pU(^NS' J p *3m drygin S:J| 1 lL..»4i£H ENGLAND B|j, ,JB \SS ■iirf r j V%MBM distilled in sky"^ 0 v v 'V> ALEXANDER GORDON COMPANY 3fU Ha» I 3PwiBBEiBBK pKfe f mj^k nr wS i,^11 MBHfiI
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  • Page 20 Miscellaneous
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      1444 20 MJ mHz in VHF Band II CAM Newshour. 7J0 World News. 7.06 Commentary. 7.10 Financial News. 7.18 Worldbrief. 7JO Multitrack 3. MO Newsdesk. UO From the Weeklies. 8J6 Recording of the Week. 0.00 News Summary followed by Outlook. US Financial News. 6J6 Behind the Wall. 0.46 Book Choice. 0J0 New
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      199 21 f Distributor and retailer in prestigious consumer gift products with operations in South-east Asia countries needs capable H and mature person for the position of> REGIONAL MERCHANDISER minimum 8 years experience, preferably H in consumer and fashion products H relevant qualifications an added H advantage H must be able to
      199 words
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      Page 21 Advertisements Column 2
      6 21 Managers must manage. BT every Monday
      6 words
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      Page 21 Advertisements Column 3
      311 21 DHL IN THE NEWS Advertisement •I null tn nlau Qanta The Santa P" 1 promotion,v UnL lO ploy OdllUi launched on October 20 to beat the Christmas rush, will run until December ai unnsimas 18, enabling customers to send gifts toany of DHLs 175 country destinations.; DHL will play Santa
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  • Page 21 Miscellaneous
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      164 22 rii&fi&ftNG INSHARES? CALL i (Lm*J »T my-" A n. .jST %-i®:--- Bwfl tlV'' >» c> itt mSSr m *§i it n a iMir'/<ilg> y .r M ASK FOR CREDIT PLUS I WT*** 1 opportunity knocks you'll want to be It's so easy and convenient to apply for CREDIT 171/ ready.
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      444 23 Tho column Don't Quote Mo has boon hold ovor duo to proiiuro on apoco K CHRISTIAN IA BANK CHRISTIANIA BANKOC KRHMTKASSf Head Offices P. O. 80x1166 Sentrum, 0107 Oalo 1, Norway Singapore Braochi 6 Battery Road #34-01, Singapore 0104 All figum in NOK million Balance Sheet Statement of Income n
      444 words
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      603 24 The White Beffale, Today, 10.30pm, SBC 5 Chariee Bronoon lo tranoported into the Wild Weet to enact hie death wioh 00 Wild Bill Hicfcok. He'o not Mooting crooko thio |ime. but io haunted by the imago c 4 o buffalo that oymboiJaeo hie fear of death. Strange movie, but with
      603 words
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      Page 24 Miscellaneous Column 2
      1135 24 SATURDAY ssrry-~ jHBk EE™ mm. fl 4.45 Musical Interlude (C). SBC 12 to hav a quN w k *°d w*h 5.00 Taks Six Cooks Fish (r). a£S Alison. However, things do SJO Tho Great Wall Epilogue asaa*. szssxssr HI SBSSUH* 100 N«wtat Nina. ««^C. W Mind (See Our chotc*) J»
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      Page 24 Miscellaneous Column 3
      231 24 ScHaphmh, Today. 725pm, SBC 12 Killed anybody today? Or had tha distinct foaling that you're actually Qlenn Clooe fatally attracted to your newavendor? Tonight's episode of Bodywatch atudioa the devastating disease called schizophrenia, which usually affects young people in their tsens to eerty 20s. Several doctors from the American National
      231 words