The Business Times, 2 December 1989

Total Pages: 28
1 28 The Business Times
  • 12 1 BUSINESS TIMES MCI (P) 45/12/88 Weekend Edition, December 2-3 1989 75 CENTS
    12 words
  • 260 1  -  By MARTIN SOONG ALL FLIGHTS between Singapore and Manila and Cebu were cancelled yeeterday. A Civil Aviation Authority spokeaman confirmed that Singapore Airlines had suspended its 10, and Philippine Air Linea its eight, weekly scheduled flights to Manila. It is understood SIA
    260 words
  • 586 1  -  By SHOEB KAGDA ASEAN economic ministers have called for new directions and initiatives within the regional grouping to meet the challenges of the new decade. The six ministers yesterday ended their two-day annual conference which they described as
    586 words
  • 264 1 PM LEE JOINS ASEAN LEADERS IN CONDEMNING COUP ATTEMPT PRIME MINISTER Lee Kuan Yew last night Joined other Asesn leaders In condemning the latest coup attempt to topple the government of Philippine Preeident Corazon Aquino. In a brief statement, Mr Lee said that
    264 words
  • 221 1 AFP Reuter THE UNITED STATES government yesterday reported new eigne thet the US economy wee elowlng down ee the meln barometer of future economic trende, the Index of leedlng Indicators, fell by 0.4 per cent in October, the lergeet decline In five monthe.
    AFP; Reuter  -  221 words
  • 505 1  -  By AL O LABITA HEAVY fighting raged yesterday as security forces, buoyed by US air support, waged a counteroffensive against mutinous troops in Metro Manila and nearby Cavite province, south of Manila. Backed by tanks and armoured personnel carriers, government troops
    505 words
  • 238 1 MOST REGIONAL stock markets closed higher yesterdsy except for Tokyo, whoro tho msrkst rally wm broken. Profit-taking drove tho Nikkei Stock Average down by 136.11 polnte to 37,132.68. ending aeven •ucceeaive day* of record highe. Brokers said inveetors were cautious about the rapid advance
    238 words
  • 150 1 Stock Indices Mdey ST Mwliluh Index 1415.93 4.64 IT Composite Max 1253.11 (+1.22)) NST Industrial Index 2*46.37 4^3) HK Hang Sang Max 2756.90 Tokyo Nkkol Averoge 37,132.68 (-136.11) Sydney AH-Ordlnariei ***** (+16.1 Tfcwadey Now York (Dow Jones) 2706.27 (+17.49) London (FT 30 Mox) 1805.6 23.9) US* 143.05yen
    150 words
  • Page 1 Advertisements
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    • 21 1 FOCUS, PAGE 8: Reaction from Flllplnoe In S'pore: Economic growth likely to eufler 1 President swamped by problems ee opposition grows
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    • 105 1 Nikon TtwWbftd'sPlnMt Phdogmphlc tyfcw. Full report, PAGE 10 Regional mkte, PAOE 12 World mkta, PAGE 13 "WE DID IT, FIRST TIME ROUND. AFTER ALL THOSE YEARS WE SPENT TOGETHER AT SCHOOL, I KNEW WE'D MAKE AN UNBEATABLE PARTNERSHIP." f JM I T*imr wH P® Bk OMEGA. The that records the
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  • HOME NEWS
    • 448 2  -  ECONOMIC GROUP GETS DOWN TO BUSINESS By ANNA TEO PLANS AND PROPOSALS by corporate bigwigs of Japan and Singapore to boost business ties between tfie two countries move forward today as the Japan-Sin-gapore Economic Advisory Group (JSEAQ) gets down to its fitst working meeting. A full-day
      448 words
    • 139 2 IN A BID to develop business finks between Slngepore end Censds, e Csnedlen-government led trede and joint venture mission will visit Singapore next The mission, which consists of six companies from a broad range of sectors, will be in Singapore between Dec 3 and
      139 words
    • 50 2 THE MALAYSIAN High Commissioner, Dato Zainal Abidin Mokhtar, presented his credentials to President Wee Kim Wee at the fStana yesterday morning. Dato Zainal, 56, was the Malaysian High Commissioner to Brunei prior to his Singapore ptieting. His diplomatic career included stints in Australia, Britain fad Poland.
      50 words
    • 80 2 NINE MORE town councils will soon take over the management add maintenance of the common properties of their housing estates. I From January next year, the HOng Kah, Marine Parade and Yiehun town councils will be responsible for their own estates. Three more town councils,
      80 words
    • 230 2 THE INCIDENCE of children with emotional problems are on the rise, according to Dr Seet Ai Mee who is urging parents and teachers to relieve the pressure to achieve and excel. The number of new cases seen by the Child Psychiatric Clinic grew to 967
      230 words
    • 371 2 A STRATEGIST -SOLDIER, a philosophical planner, and a politician who does not see politics as necessarily a life-long career. Theee and other snippets sbout Minister of State for Finance and Foreign Affairs George Yeo emerged from a television interview broadcast last
      371 words
    • 352 2  -  By JAYARAM MENON A SINGAPORE trade office in Moscow would foeter trade and economic cooperation between the two countries, in the view of Soviet ambassador to the Republic A M Drioukov. Speaking to BT yesterday after a press conference about
      352 words
    • 167 2 HEWLETT-PACKARD (HP) has clinched a contract to supply the National University of Singapore (NUS) with a $6.6 million cam-pus-wide, multi-vendor network. The computer network, which will link up present and future IT resources at the NUS. waa designed by HP. It will be
      167 words
    • 328 2  -  By SHOEB KAGDA THE INTRODUCTION of nonelected Members of Parliament (NMPs) will booet the level of political debate in Singapore, said Trade and Industry Minister Brigadier-General (Reservist) Lee Hsien Loong at a breakfast meeting with Singapore journalists here yesterday. BQ
      328 words
    • 186 2 Seminars and courses Dec I, 6 A Comprehensive Study Personnel Personnel *****61 8 of the Employment Act Orgonizotion Organization Development Development IPte) (Ptel ltd ltd Dec 2 4 9 Workshop on Employee Personnel Personnel *****61 Recruitment Organization Organization Retention Development Development (Pte) (Ptel ltd ltd 4 Pysicol Planning in
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    • 420 2  -  ASIA-PACIFIC PRESS CONVENTION By GENEVIEVE CUA SET UP an international news agency in Asia and the flow of information, currently weighted heavily in favour of the West, will improve significantly. This is the view of S M All, chief editor of
      420 words
    • 161 2 A HONGKONG academic and k Chineae journaliat brought a touch of drama to the final day qf the Asia-Pacific prees convention yesterday. After Or Leonard Chu from the Chineee University of Hongkong had touched on the events of the Tiananmen maeaacre ih his
      161 words
    • 302 2  -  -bf Walton Morais WITH MATERIAL prosperity assured, Japan can afford to chooos a government other than one formed by the Liberal Democratic Party which has governed the country uninterrupted for the last 34 years, a panelist at the Asis-Pscific press convention said yesterday. A
      302 words
    • 288 2 THERE ARE PLANS to further develop Loyang industrial estate to enable it to support new aerospace investments in the next decade. This was revealed by Political Secretary Ng Pock Too in the Prime Minister's Office when he opened the Sundstrand Avionics Systems Centre yesterday.
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    • 177 2 A POLLUTION-CONTROL workshop will be held for the first time in Singapore next week. The workshop, according to an Environment Ministry statement is organised in collaboration with the Japan International Cooperation Agency under the Inter-Asean Technical Exchange Programme funded by Japan. It is
      177 words
  • Page 2 Advertisements
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  • Page 2 Miscellaneous
    • 179 2 iIL p .1 Global temperatures and weather forecast LJ for DEC 2 city Max/ Note OUTLOOK: Ram MPMMln morning. (•C) ••port for 24 hown prior to 7.30pm on Doc 1 at Aw Abordoon 10/04 Cloudy airporti Amrtordom 07/02 dowdy Mu hj Alhora 09/03 Sunny Amoc NwildM) M Auckland 21/13 Cloudy
      179 words

  • FOREIGN NEWS
    • 299 3 Reuter THE TIDE OF REFORM sweeping Eastern Europe is leading to a radical reassessment among US strategic planners of the military threat posed by the Wsrsaw Pact One pointer to changed thinking was in a leaked Pentagon document challenging the accepted
      Reuter  -  299 words
    • 154 3 AP SOVIET President Mikhail Gorbachev and Warsaw Pact leaders will meet in Moecow early this month to review this weekend's talks with US President George Bush off Malta, Tass reported on Thursday. It will be the highest-level meeting of the seven countries
      AP  -  154 words
    • 479 3 Reuter WESTERN NATIONS will respond to the democratic reforms sweeping Eastern Europe by relaxing controls on advanced technology to communist countries, US Deputy Secretary of Lawrence Eagleburger indicated on Thursday. Speaking a few hours before .President George Bush left for Jiis Malta
      Reuter  -  479 words
    • 465 3 AFP EAST GERMAN authorities on Thursday opened legal proceedings against former prime minister Willi Stoph and several others for suspected abuse of power and waste of public funds. The official ADN news agency reported that the proceedings were also aimed at Erich
      AFP  -  465 words
    • 642 3 AP US PRESIDENT George Bush headed yesterday for his first summit with Soviet President Mikhail Gorbachev, saying the two have a "powerful and historic opportunity" to work for peace. Mr Gorbachev, delivering a speech in Rome, called for a 35-nation meeting next year
      AP  -  642 words
    • 157 3 AP ITS NOT ONLY Soviet limits on emigration that hold up US trade with the Soviet Union Presidents George Bush and Mikhail Gorbachev could try at their Summit to settle what to do about bonds issued under the Czar'a government
      AP  -  157 words
    • 339 3 AP US SENATE majority leader George Mitchell and 32 other members of Congress urged President George Bush on Thursday to give priority in his talks with Soviet President Mikhail Gorbachev to ending the rule that Impoeee high US tariffs
      AP  -  339 words
    • 630 4 AFP, Reuter PRESIDENT GEORGE BUSH on Thursday banned Panamanianflag vessels from US ports after Jan 31 next year in a move to increase pressure on Panamanian strongman General Manuel Antonio Noriega. "This ban is consistent with international efforts to further isolate the
      AFP,; Reuter  -  630 words
    • 277 4 Reuter PRESIDENT GEORGE BUSH has selected Houston as the site of the next economic summit of the seven major Western industrialised countries, White House sources said on Thursday. They said the summit, to be hosted by the United States, will take
      Reuter  -  277 words
    • 464 4 Reuter CHINA used Cold War language yesterday to attack "imperialist plots to overturn socialism" and capitalist forces out to corrupt the youth of China. But Beijing offered no immediate comment on the veto by US President George Bush of a bill that would have allowed Chinese
      Reuter  -  464 words
    • 334 4 AFP CHINA'S hardline communist leadership is to welcome Cuban President Fidel Castro one of its few ideological allies left in the world to Beijing in February, a Latin American diplomatic source said in Beijing on Friday. The source said no precise
      AFP  -  334 words
    • 329 4 AP US CONSUMER spending fell 0.2 per cent in October, its largest decline in nesrly three years, despite a 0.9 per cent gain in personal incomes, the Commerce Department reported on Thursday. Consumer spending is watched closely as a barometer of economic health
      AP  -  329 words
    • 151 4 AFP THE UNITED STATES is dissatisfied with purchases of supercomputers by the Japanese public sector and wants buying practices to be made more transparent, a Foreign Ministry official said. William Piez. senior policy adviser to US Trade Representative Carla Hills, was quoted as telling
      AFP  -  151 words
    • 134 4 AFP FRANCE renewed its demands for a greater share of the Japanese market during a meeting of the twice-yearly Franco-Japa-nese committee on industrial cooperation in Tokyo. France's head of industrial affairs at the Industry Ministry, Alain Marbach, made the demand to his
      AFP  -  134 words
    • 503 4 Reuter KENTUCKY Fried Chicken, founded nearly 35 years ago by the white-whiskered Colonel Sanders, hopes to revive its fortunes by winning health-conscious customers over to "non-fried chicken". John Crartor, new preaident of the world's biggest fast-food chain after McDonald's hamburgers, aaid that "consumers
      Reuter  -  503 words
    • 488 4  -  By DAVID CHEW FOREIGN and domestic investments are not evenly distributed throughout Indonesia's diverse territory but heavily concentrated in Java, according to the Indonesian Investment Coordinating Board (BKPM). Its chairman, Sanyoto Sastrowardoyo, was reported in the economic bulletin of the Commercial Advisory Foundation
      488 words
    • 139 4 Reuter THE UNITED STATES on Thursday called for a ban on domestic government subsidies held to distort internationsl commerce, delegate sources at the 105nation Uruguay Round of world trade talks said. They said Washington proposed that existing restrictions on export subsidies under the
      Reuter  -  139 words
    • 585 4 ARRIVALS Operator O ——1^ jtrvicv number Mm* From SU OAt MAS MAS S1A MAS UAL UAL CAL SU MAU MAS SVA KAL SU MAS IAW MAS SU ACA SU CPA MAS SU GU MA SU QFA PAL GU THA SU TtY GU SU THA MAS SU SU
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  • Page 4 Advertisements
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  • Page 4 Miscellaneous
    • 55 4 Doonesbury by garry trudeau fxtikf MP J KNOM YOU'RE NOT AUOMP WEUJHevAN arnrxsrA „.ANP U&TVY.VR. JrfWVJ V&, 7C? TALK WHEN YOU'RE ONPUTY, BUFSN HAS ALMYS SEt PR&G&fT MY J&Sbr AM. A 3UTIUJANT TO TEIU YOU HOW A BIT J/NXEP. /%£)%>'- MEYE&, M£ CAW, REUEVEP IAM YOU'RE HERB THE OH IP
      55 words

  • FOCUS
    • 742 5 COUP IN THE PHILIPPINES AP REBELS bombed the presidential palace yesterday and blasted the only operating government TV station off the air in a bid to overthrow President Corazon Aquino in the sixth and most serious threat to her administration. President Qeorge Bush ordered
      AP  -  742 words
    • 602 5 Reuter SUDDENLY, Philippine President Corazon Aquino is under siege, not the least from rebel soldiers. Three weeks after a strong pledge of support from President George Bush during a US state visit, Mrs Aquino has been facing threats of labour strikes, pressure from
      Reuter  -  602 words
    • 608 5 AP, Reuter THE PHILIPPINES had no tradition of coups d'etat until Corazon Aquino took power in a popular revolt in 1986. Here is a chronology of some of the major events in her administration: Feb 25,1966: Aquino is sworn in as a "revolutionary president" after
      AP,; Reuter  -  608 words
    • 468 5  -  REACTIONS FROM FILIPINOS IN SINGAPORE By GENEVIEVE CUA THE MOST serious coup attempt since the Aquino government swept into power in the Philippines is likely to stall the country's economic growth end frighten off potential inveetors, in the view of a number of Filipino journal lata
      468 words
    • 719 5 AFP MESSAGES of support from throughout the world poured in yesterday es embattled Philippine President Corazon Aquino faced her sixth military coup in less than four years in power. The first message including a warning that US aid to the Philippine® would
      AFP  -  719 words
  • Page 5 Advertisements
    • 125 5 ft W .1 NmU ~W^'*hr VK K f W Scalpel.-scissors.-sutiires.- Business Times Whether you're a surgeon, lawyer, contractor or engineer, all the current trends that affect them. you need to be kept well informed to maximise returns on Essential information accessible every business day your money. through Business Times. In
      125 words

  • MONEY AND EXCHANGES
    • 1398 6 SINGAPORE: Th« US dollar was firmer against ths ysn on stop-loss buying ysstsrday, but weaker against ths mark on cross trading, dsslsrs said. "PTaysrs might try to brsak ths dollar's upslds st 143.75 ysn snd downslds st 1.7720 marks," a UK dsalsr said. "invsstors wsrs also actlvsiy buying
      1,398 words
    • 333 6 HONGKONG: Qold cloeed higher In modersts Ists trading yesterday In which US and local buying offset light Jepaneee selling from a firmer New York cloee, dealers said. "I think many buying orders stemmed from the rebellion in Phllipplnee end a lack of follow-through selling In the market," a
      333 words
    • 264 6 IMM currency futures cloeed higher but below session peaks on Thursday after a lightly-traded day. The mark reeumed Its rise after profit-taking and unwinding of croee tradee with the yen over the paat few days subsided. Some noted light liquidation of long mark/ehort yen poeitiona. But underlying poeltlve aentlment
      264 words
    • 268 6 ASIAN DOLLAR deposit rates closed unchsnged from opening levels In quiet trading yesterday. "The market Is looking for direction from today's US October leading indicators and the National Association of Purchasing Msnagement's Index for November," a dealer said yeeterday. Term rates were moetly steady at the outset
      268 words
    • 591 6 Reuter EURODOLLAR FUTURES closed higher on short-cov-ering end wssksnd book-squaring ahssd of lest night's US Octobsr issding indicators, dealers said. December Eurodollar rose to 91.06 from Chicago's settlement of 91.63 and March to 92.24 from 92.21. Around 6,134 lots were traded. Eurodollar options were untraded. Three-month Euroyen futures were
      Reuter  -  591 words
    • 149 6 Gold futures on Novombor 30, 1989 100 W1 our** USS p« tw* 0unc4 OpMi Mffc t*» Dm 404.00 412.90 ***** ***** +HO 414.40 100 Hb 41 J.JO 41*00 413.00 417JO 0.00 Aa> 414.70 434.10 414JO ***** ♦34» Jw, 433.00 43*00 43JJ0 ***** *110 A* 437.90 430.50 *****
      149 words
    • 55 6 THE overnight rate on the Singapore money market waa 2 points higher at 6 per cent yesterday. Short-term rates were unchanged. S$ Interbank rates at th« doM yasterdayi orm mo cw "V 4 9 9/4 l-Mk 9 t/14 9 7/14 9 t/14 9 7/16 3 ■—<» 9 t/14
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    • 99 6 Treasury bills Period Issue Yesterday's doting Day's cod* Maturity NO OM MOH LOW 3 months IQ*****S 01.03.90 4.10 443 448 448 6 monlhs *****01V 18.01.90 440 4J5 1 year IYB9101Z IS. 10.90 444 <49 Government notss and bonds Period Issue Maturity Coupon Yetterday's dodng Day's code rate
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    • 163 6 wSTiwIiR J Interbank marfcat rates (ofter/bld) on Dac 1 US$ DM SWFC Van 7 tfayt a S/S a 1/3 IS 14 7/B 7 7/1 7 j/4 7 t/j 4 7/,4 j/ )4 la* 113/U— 11/U IS 1/4-IJ l/l ll/U-l/H 7 IS/1*— *1/1* S/4 S/t s ai/a J/i
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    • 1152 6 CURRENCY FUTURES OPTIONS Friday, December 1, 1989 DEUTSCHE MARK (SIM EX) OmXMX DwNpM j2 53 54 JAPANESE YEN (SIMEX) DMHCM OM X pen n 73 CURRENCY FUTURES OPTIONS IMM Thursday, Nov 30 1989 BRITISH POUND CSXS00; cents per t Prta Dim Jmx Stare Die* Ja»? Star* 1335 00 3.10
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  • BANKING AND FINANCE
    • 369 7 Bernama STANDARD CHARTERED pic. the London-based international bfcnk. has identified the AaiaPaclfic region aa one of ita growth areaa for the next 10 j yean, chairman Rodney Qaipin in Kuala Lumpur yeeterday. He told a preea conference tHat "Stanchart haa a lot to go
      Bernama  -  369 words
    • 319 7  -  By QUAK HIANG WHAI A SECURITIES trading manager of a foreign bank in Singapore was yesterday charged in court for alleged criminal breach of truft (CBT) involving an estimated sum of US$5O,OOO. iVong Tai Kong, 32, was alleged to have illegally transacted shares
      319 words
    • 115 7 AFP JAPANESE POLICE said yesterday they had arrested seven execatives of a futures broker for allegedly swindling some 14 bilyen (US$lOO million) from clients between 1905 and 1987. tThe case, involving Plan Good Investment Japan Co Ltd and five affiliates, is believed
      AFP  -  115 words
    • 358 7 Reuter THE FRENCH financial futures market, Mattf, plana to launch a long-term ECU interest rate contract based on French state bonds in the third quarter of 1990. Matif managing director Gilbert Durieux said: "We have a project for the middle of
      Reuter  -  358 words
    • 353 7 Asahi GOLD COINS will be a new holi-day-season gift in Japan. At leaat two countries see Japan aa a lucrative market for gold coina and have joined gold bullion importers and dealers in advert laing gold coina aa a new gift item.
      Asahi  -  353 words
    • 357 7 THE DEATH OF Alfred Herrhausen, chief executive of Deutsche Bank AO. la al substantial shock to West Germany'a largest bank, but ia unlikely to stop itaj rapid expanaion, analysts said on Thursday. West German bankers expected Mr Herrhausen'aj succeesor to carry on Mai
      357 words
    • 83 7 DEUTSCHE BANK yesterday opened a book of condolence at its Singapore branch on the ground floor of the Treasury Building. Shenton Way. The book is for Singaporeans wishing to express their sympathy on the death of Deutsche chairman Alfred Herrhausen who was killed in a bomb
      83 words
    • 124 7 AFP UP TO four million Deutsche marks (US$2.2 million) will be paid for information leading to the arrest of the Killers of West German Deutsche Bank chief Alfred Herrhausen, police said in Wiesbaden, West Germany, on Thursday. The Federal Office for Criminal Investigation
      AFP  -  124 words
    • 376 7  -  GOLD COINS GLITTER IN REVIVED BULLION MARKET By DEXTER LEE SALES Of bullion coina in Singapore have increased sharply in the past two months on the back of a revived gold market and a growing demand for the coina aa gifta in
      376 words
    • 317 7  -  By DEXTER LEE UNITED OVERSEAS Bank has bean picked by QokJCorp Australia as the sole distributor tor its 1900 Australian Kangaroo Nugget coins in Singapore. Mr Terence Ong, first vice-president and head of the gold department at UOB, aaid at a joint
      317 words
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    • 107 7 FOR IMPORTERS AND EXPORTERS. < SHIPPING TIMES covers all aspects of local and international shipping (except, of course, the really technical aspects). The emphasis is on news that is likely to affect the Business Times reader. Covering the latest trends in the shipping markets, we also carry up-to-date news of
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  • Page 7 Miscellaneous

  • COMMODITIES
    • 257 8 AFP JAPAN'S Mitsubishi Hssvy Industries Ltd said on Thursday that it had outbid two other Japaneee companiee to build for an undiecioeed sum the first polyethylene end propylene plants In the Phliippinee. The plants are to be built in Batangas for Taiwan-controlled Luzon Petrochemical
      AFP  -  257 words
    • 205 8 Barnama INDONESIA now producaa mora tin than Malaysia, ona of tha world's loading producars, aaid Sudjatmlko, praaldant dlrsctor of stata-ownad tin mining company PT Tambang Tlmah. Ha said Indonaala was confidant of amarging aa tha world's loading tin producar in futura, mainly dua to
      Barnama  -  205 words
    • 136 8 Telerate Fual oil prlcas hsld stssdy ysstsrdsy, unchanged from Thuraday's lavals. Santl marts, howavar, wara firm, booatad by tha strong ovarnlght parformanca In product and cruda prioaa In tha Waat Jan HBFO futuraa on tha Simax galnad shsrpiy as a rasuit A mld-Oac CBTI6O cargo waa
      Telerate  -  136 words
    • 318 8 RA8 In oonteAtg, POa In bate* noon ciose In* I RSS Prompt 162.00 163.00N 161JS 162J5N Int 1 RSS Jan 90 164.25 ***** 164.00 164J0 Int 1 RSS Fob 167.25 166.25 167.00 166.00 hi 2 RSS Of 156JO 160J0N 159.00 161.00N In* 3 RSS Of 154JO 156.JON
      318 words
    • 134 8 TNI Kuala Lumpur Tin Market (KLTM) prtoe raoovat M$l7JO a kg ystsrday, drawing strsngth from jms MIA I mninn HlfH Wfl HV fcwwwwi MW Exehsngs (LMI), brokars said. Tha rtsa was to lower turnover m mlntri Final volume la* to 86 tannss Irom Thuraday'a 60, wMli sama luropaan,
      134 words
    • 306 8 MNOAPORE: Rubbar prlcaa cloaad with pared galna yaatarday. January 1 RSS buyar waa quotad at 104.00 canta a kg, up 0.28 oant from Thuraday'a ClOM. Daalara said prlcaa aaaad slightly on soma hadga-MllIng In tha aftarnoon. Trading waa thin a* oparatora kapt on tha aldalinaa ahaad of tha waak-
      306 words
    • 557 8 MALAYSIAN CRUDE PALM OIL FUTURES rebounded to flnieh slightly steadier yesterday on the Kuala Lumpur Commodity Exchange (KLCE) yeeterday. Dealers said pricee recovered from the recant downtrend on pre-weekend short-covering and the higher overnight Chicago Board of Trade. However, trading continued to remain quiet, with India again rejecting
      557 words
    • 196 8 Reuter CBOT SOYBEAN futuraa cloaad hlghar on Thuraday, aupportad all day by trada talk, latar oonfirmad, that tha Bovlat Union bought US com and up to 150,000 tonnaa of aoymaal. Actlva trada In Rottardam on Thuraday morning addad background aupport to valuaa In Chicago, tradara aaid. Larga purchaaaa In
      Reuter  -  196 words
    • 191 8 Reuter CBOT SOFT red winter wheat future* cloeed mostly lower on Thureday, with new crop under preeeure from forecasts for increaaed chanoee of much needed ralne In winter wheat producing regions of Texaa, tradera aald. Fear* that the weekend US/Soviet aummlt will not reeult In any breakthrough on grain
      Reuter  -  191 words
    • 185 8 ChliMM Product Exchange ScHtn' non doling pHcM on Dk 1 (SI/100 kg) Coconut oil kuNc FOB 86.00 OW drum FOB 96.00 Naw drum FOB 100.00 Copra Mixed (looto) 48.00 itlliri Pepper A A L WWlW Wfl?w FOB NLW 457.50 iHlfUWUi Willi FOB foq NtW 447-50 Sarawak ipadol block
      185 words
    • 194 8 London Commodity Exchango Boygr/Sollor closing prlcos on Nov 30, (£/lonno union tpoclflod). Previous doting prlcos In porgnthotlt. Coif## Nov (694/683) High/low 693/669 Jan 676/679 (691/692) High/low 683/674 Solos (4319) Cocoa Doc 633/655 (645/647) Htgh/low 653/644 Mar 655/656 644/645 High/Low 651/645 Solo* (6903) Sugar No 6 POI (US$/H>nno) Doc
      194 words
  • 1690 8 AT COHVENTIONAL WHARVES jj. i w a *®y m MraiMTtw Mpanuri K WImtvm M»u«Mi iW Of ■tiiwiKi 0112/ OtQO faun 01 3K KM X 2/ (MOO (wB9« W CO» rtmii 0012/0*00 >roiBBi«B J4wi as aioMMi aa.iv ism GKOtoy ii*» K33 dnnilli OS IV 0100 II Ol akMtM*
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  • COMPANIES & STOCK MARKETS
    • 327 9  -  By ELAINE KOH CHUAN HUP Holdings Ltd. a marine and electronics group, it •ailing 26.8 par cant of its local computar servicing subsidiary, information Engineering Services Pte Ltd (lES), for $3 million, with an option to sail tha remainder of tha
      327 words
    • 441 9 RESORTS WORLD Bhd (RWB), the 94.0 par cent subsidiary of Qenting Bhd, It expected to be listed on tha Kuala Lumpur Stock Exchanga (KLSE) main board before Chriatmaa. Speaking to raportara aftar tha balloting of RWB's bumlputra ahara portion totalling 38.12
      441 words
    • 358 9 Bernama HUME INDUSTRIES (M) Bhd la taking a tape to dlveraify Its busineee activities. Its msnsging director, Dr Steve Yoong, aald: "We are open to any new ideaa in our dlveraiflcation plan. We have talked to various parties and are diacuaaIng aaverai
      Bernama  -  358 words
    • 338 9  -  By AMY BALAN BERJAYA CORPORATION has •old off mora sharee from its investment portfolio, rsising Ms 37 million which will pertly finsnce its massive M 5266 million buying spree announced lest week In s ststement issued Isst night, Berjsys said it sold
      338 words
    • 390 9 MBT THE ANTAH Holdings group Is now in sn sxcellent pooltlon to make strstsglc investments In high-potsntisl sress that will bring in healthy returns. Diacloelng thie In hie lateet annual statement, chairman Tunku Naquiyuddin Ibni Tuanku Jaafar aaya the areaa Include
      MBT  -  390 words
    • 515 9  -  By ABDUL HADHI MARINE and oilfield engineering group Van dar Horat. which la about to complete tha flotation of Its Indian aaaociate on tha Bombay exchange, haa secured $12 million worth of contracts in Bangladaah. Tha contracts wara won by Houston Wall
      515 words
    • 262 9 Bernama LION CORPORATION Bhd Is nagotiattng with a*vera! partiee to acquire a piece of land tor Its second steal plant in the Kiang Valley. Chairman and managing director Mr William Cheng said the new plant, aetimatad to cost sbout
      Bernama  -  262 words
    • 323 9 Company RIGHTS ISSUC Ayor Hi torn Tin 0»-kv*r»n Q M)1 30 par storo E» doto. Oct 13 look* do** Oct M Acctpwm ft tayMMh Doc 8 Eu Yon Song l»no>ineoobt> oao-lor-ono rtgMi mm of l&Mi 3% n—ami loo* stock IW/1VM ot par. Oao TSt wW to oHonod (or
      323 words
    • 675 9 On—I b Ml Date TMkr DM tar toymont Mi tan payahta N yaor taipr A I S B 12%(hi Ok 27 Jo* II to 8 13% 10% A M D 3%W No* It No* 90 Ok 31 7% 1% A bMrprtwi J%® Nov) No* 17 Ok 7 5%
      675 words
    • SES
      • 781 10  -  by ABDUL HADHI TH6 SINGAPORE stock market's rpifli-rally ran into its 13th straight session yesterday with investors quickly dismissing any possible impact by the coup attempt in the Philippines. "The coup attempt in the Philippines has had no impact on the
        781 words
      • 248 10 Rises Wtorrm 650 +44.4% +200 Inoo-Poc Wrts 38 +5 6% +2 Spor* Fodder 100 +5.3% +5 Fas Wrts 1994 130 +4.8% +6 Jvrong Ship 50* 730 +3.5% +25 CAC 378 +3.3% +12 K«pp«< C Wrti 308 +3.0% +9 Koppd Corpn 595 +2.6% +15 Von dor H» Wrts 39
        248 words
      • 244 10 Rises Ayr Hltom Rub 2300 +15.0% +300 API 37 +7.2% 2% YTL Corpn 50* 184 +5.1% +9 KuNm Msla 50* 143 +4.4% +6 NSOP 200 4.2% +8 Rwwng Bhd 50* 57 +3.6% +2 Tim* Engrg 398 +3.6% +14 GtAmn 504 492 +3.4% +16 K«ang Corpn 122 +3.4% +4
        244 words
      • 318 10 Managers' prices Royal Trust Asset Mgt fef D#C 2 4 »T S'por# Gr fund 0885 0945 *T Asia roc Gf Fund I II I 17 Singapore Unit Trust rv&r c.^ B tw Co—rc# 21 .28 OCBC-SIMBL Investment Tli# Savings Fund IM i" W. CapW fc* 108 113 S'por#
        318 words
      • 47 10 JURONQ CEMENT LIMITED:EQM at the Board Room, #03-06 Asia Insurance Building, Finlayson Green. Singapore 0104, on Dec 4, at 3.30pm QUTHRE ROPEL BERHAD: EQM at the Ante Room, 2nd Floor, Wisma Quthrie, 21 Jalan Qelenggang, Damansera Heights. *****, Kuala Lumpur, on Dec 5, at 10.00a.m
        47 words
    • SES SHARE INFO -S'PORE STOCKS
      • 6265 10 10*9 T.I Qr't _J*' Vol Day Last Quote Dlv Dlv rid Not M Can High Low Code Company Salo +oc- ('000) High Low Buyor Sollor C'vr p/E $mll DEC 01 SESDAQ 'IT Amt«k Eng 20# 156 -1 06 156 154 154 160 6.0N 66 06 196
        6,265 words
    • KLSE
      • 3568 11 SENTIMENT improved on tha Kuala Lumpur atock market yeatarday with shara pricaa flniahlng higher in active trading following the previous eaaier session Attention this time waa shifted to middle- and lower-) iners which comprised the bulk of total turnover, while gaina were moatly within 10 aen.
        3,568 words
    • REGIONAL MARKETS
      • 452 12 Reuter CHINA'S atata-ownad China International Truat and lnveatment Corp (Citic) is actively soaking to boost its inveatmenta in Hongkong and Macau, which both revert to Beijing rule within the next 10 yeara. "Hongkong and Macau operations will play a more significant role
        Reuter  -  452 words
      • 241 12 Reuter NISSAN MOTOR Co Ltd plana to woo European customers with locally designed and produced cars through a strategy of high technology Investment to booet It* presence on the continent "The Investment and the recruitment of many local engineers will enable us
        Reuter  -  241 words
      • 124 12 AFP THE TOKYO Stock Exchange (TSE) will grant mamberahlp to threa foreign securities firms, incraaaing the number of foreign members to 25, a financial daily reported on Thursday. The Nihon Keizai Shimbun aald the TSE would grant mamberahlp to Credit Lyonnais Securities Japan,
        AFP  -  124 words
      • 624 12 Tokyo Reuter TOKYO'S seven-day rally screeched to a halt yeeterday as share prices closed lower in heavy trading. "It's natural." said Toranobu Sugai, trader for Shearson Lehman Hutton Asia. "We need a break for a couple of days." Trading house and shipping companies drew heavy turnover. Investors
        Reuter  -  624 words
      • Article, Illustration
        478 12 Australia Reuter AUSTRALIA's share market ended the week on a strong note, buoyed by expectations of an eaaing in intereet ratee early next year, brokers said. The All Ordinariea Index cloaed 18.1 pointa higher yesterdsy at 1823.7. Brokers said the prospect of lower Interest rstes fuelled buying interest
        Reuter  -  478 words
      • 1251 12 Hongkong SHARE prices closed firmer but oft earlier highs on a lack of trading interest yesterday, brokers said. The Hang Seng index roee 8.56 to 2,756.90 and the broader based Hongkong index gained 6.00 to 1,815.02. "Turnover is not going anywhere, if the index goes
        1,251 words
      • 264 12 Reuter SEOUL stocks tall In low trading volume yesterday as investors took profits from Thursday's big gains. The composite index closed at 898.77, down 7.58 from the prevloua session. Turnover waa 189.8 billion won compared with 248.2 billion on Thursday's close. "Investors are mainly into short-term
        Reuter  -  264 words
      • 103 12 Reuter SHARE PRICES in New Zealend remeined mostly flat yesterdey efter feetureless trsding which brokers expect to continue next week. "The shsre market opened and cloeed on December 1 and that's sbout all you could say sbout it." one broker said. Brokers said the ending of
        Reuter  -  103 words
      • 115 12 Reuter SHARE prices rose broadly yesterday on hectic shortcovering and fresh buying ss fears receded about a stalemate in the formation of a new government, brokers said. "The market is relieved to hear that V P Singh will finally head the government." a broker said. "Other
        Reuter  -  115 words
      • 492 12 AFP A TAIPEI government decision to slaah a proposed stock transaction tax failed to revive the local bourse, where share pricea plummeted 471.28 points or 5 per cent yesterday, on the eve of crucial local and parliamentary elections. Bearish sentiment among investors, who had failed
        AFP  -  492 words
      • 260 12 Reuter THAI stocks closed mixed In dull trade yesterday as investors held back ahead of the finance minister's detailed announcement of measures aimed at cooling down rampant speculation on the market, brokers said. The SET Index fell 0.69 to close at 769.14. Gains outnumbered losses 57
        Reuter  -  260 words
      • 103 12 Reuter THE Jakarta stock index slipped 1.04 to 400.89 yesterday. ending a quiet half-day, brokers said. Turnover fell to 354,795 shares from Thursday's 620,569. Less than a half of the 52 listed shares were traded, with pipe manufacturer Citra Tubindo and insurance firm ABOA dominating the
        Reuter  -  103 words
    • WORLD MARKETS
      • 818 13 New York Reuter US STOCKS closed higher on Thursday, buoyed by stronger bond prices and bargain hunting among blue chips. Traders said buy programmes late in the day added to the gain. "This probably was a rally triggered by a rally in bonds, which was
        Reuter  -  818 words
      • 920 13 London Reuter SHARE prices opened sharply higher yesterday, breaching the psychological 2,300 barrier on the FTSE index around 30 minutes after the start of official trading. One trader said, "This market is forging ahead despite bearish fundamentals and could be heading for a sharp correction. But
        Reuter  -  920 words
      • 411 13 RELATIVELY CHEAP STOCK AN ATTRACTION NYT AT LEAST seven parties have expressed interest in purchasing s large part of American Express Co s stake in Shearson Lehman Hutton Inc as part of a deal to inject capital into the investment house,
        NYT  -  411 words
      • 1897 13 Reuter AMSTERDAM: Dutch share prices maintained their firmer opening levels in moderate mid-day trade yesterday, with prices boosted by some Institutional buying interest in international stocks. Blue chips were firmer across the board with Unilever leading the rise, putting on 3.10 guilders to 157.60. Philips added 0.50
        Reuter  -  1,897 words
      • 139 13 Reuter US AIRLINES have on order a record 2.181 Jet aircraft worth US$BO billion as replacements and additions to their fleets, an industry official said on Thursday. Airline Transportation Association president Robert Aaronson said 1888 was the first year that US airlines
        Reuter  -  139 words
      • 246 13 Reuter BRITISH defence electronics firm Ferranti, hit by an alleged fraud in its US operations, said on Thursday it had issued a writ claiming nearly US$4OO million from former employees and associated companies. Ferranti has been forced to revise 1888-88 profits to show a
        Reuter  -  246 words
  • Page 9 Advertisements
  • Page 9 Miscellaneous
    • 37 9 'jJuJTiO by Martell /=?/=ry6*rf tf&v/t s 4MX*OMH=:/wcmv rV£~3/66£*r7Z> crmW&WAVS/& 0&/&e 7J/&?r g-A&s M&'HT&*&&*£> 7& tv^A///£■ /LZ/t&p WU//AYf 4 SV&.XW/4UWW7M? 774T OCAfZr/&V... rt>/&//&& <Uae<// fie/ztr..' I J COD (zyi <l<w\ 5 &i (CSX <„, m ferS I /fv teri
      37 words



  • Page 12 Advertisements
    • 823 12 NOTICES TMTHE MATTER OF THE CWrfPANIES ACT. CAP. 50 TENG SENG TRADING CO. PTE LTD (Incorporated in Singapore) SPECIAL RESOLUTION At an Extraordinary General Meeting of the members of the sbovenamed company, duly convened and held at 4 Battery Road #12-00 Bank of China Building, Singapore 0104 on 29th November
      823 words
    • 848 12 In the Matter of the Companies Act, Cap SO And In the Matter of YEONG HUA WATCH CENTRE PTE. LTD. (In Members Voluntary Liquidation) At an Extraordinary General Meeting of the members of the abovenamed Company duly convened and held at 336 Smith Street *06-306 New Bridge Centre. Singapore 0105
      848 words
    • 428 12 IN THE MATTER OF THE COMPANIES ACT. Cap. 90 AND IN THE MATTER OF JACKSCEMENTONE BUILDING MATERIALS PRIVATE LIMITED (IN MEMBERS' VOLUNTARY LIQUIDATION) FINAL MEETING NOTICE Is hereby riven, In pursuance of Seotlon 306 of the Companies Act, Cap. 50 that the FINAL GENERAL MEETING of the members of the
      428 words

  • Page 13 Advertisements
    • 9 13 Managers must manage. BT shows you how every Monday
      9 words
    • 94 13 Tht Frankfurt report was not available at preaa-tlme. kMH I I ANNOUNCEMENT I Deutsche Bank Singapore advises with deepest regret and I profound grief that Dr. Alfred Herrhausen, Speaker of the I Board of Managing Directors of Deutsche Bank AG, was I I killed in a bomb attack on Thursday,
      94 words

  • 295 14 LEADERSHIP of the DBS Bank will change hands in February whan top civil servant Ngiam Tong Dow takes over aa chairman from Howe Yoon Chong who la retiring. But Mr Ngiam, 52. a permanent secretary of two miniatrlee the Prime Minister's
    295 words
  • 213 14 Bernama UNITED ENGINEERS (M) Bhd haa obtained a six-month latter of exclusivity relating to the propoeed second Johor-Slngapore linkage or croeeing from the Malaysian government on Sep 15. This allows It to proceed with preparing detailed financial and technical proposals
    Bernama  -  213 words
  • 340 14 Reuter CHINA IS LIKELY to eaae its economic austerity programme by increasing the money supply in the next few months, a senior Chinese official said. Wang Jun, vice-president of China International Trust and Inveetment Corp Stic), an overseaa Inveetment arm of ina, said: "Our
    Reuter  -  340 words
  • 233 14 AP VISHWANATH Pratap Singh waa appointed india'a prima minister yeaterday, an hour after being unanimously elected parliamentary leader of the National Front coalition. United Newa of India aaid Mr Pratap Singh would be aworn in by Preaident Ramaawamy Venkataraman today and be given 30 days
    AP  -  233 words
  • 252 14 AFP AUSTRALIA'S RICHEST man, Kerry Packer, haa launched a As7oo million bid for full control of Alan Bond'a beleaguered Bond Media Ltd. If successful. Mr Packer would regain control of the Channel Nine television network he sold to Mr Bond for A
    AFP  -  252 words
  • 460 14  -  CORPORATION SETTING UP SUBSIDIARIES TO MANAGE SOME ESTATES By LEE HAN BHIH THE JURONQ Town Corporation (JTC) is planning to apand $250 million In tha next two yaara to build high grada buainaaa parka and factorlaa. JTC. which ralaaaad ita 1968/80 annual
    460 words
  • 114 14 Bernama TOTAL SALES of the country's manufacturing sector in the first nine months of this year were up 23.5 per cent on the same period of 1068, the Malayelan Statistics Department said. In its monthly report, the depertment said total eatee value for the 56
    Bernama  -  114 words
  • 105 14 Reuter COMEX GOLD FUTURES roee in early trading yeeterday on fol-low-through buying by bargain hunting speculetors who sensed thst Thursday's firm close msrked the beginning of another uptrend after a three-day correction. Spot December rose US$l.6O st U*****.20 an ounce and the February delivery gained US$l.BO et
    Reuter  -  105 words
  • LATE FILE
    • 38 14 AFP SOVIET President Mikhail Gorbachev announced the forthcoming eetabilahment of diplomatic relatione between the Sovlat Union and the Vatican, after a historic flrat summit with Pope John-Paul II in the Vatican City ysatsrday. AFP
      AFP  -  38 words
    • 34 14 Reuter CZECHOSLOVAKIA will begin diemantilng Us "iron curtain" frontier with Auetrta later this month and visa-free travel to the Weat will be available from Monday, tha government said yeeterday.
      Reuter  -  34 words
    • 33 14 Reuter JAPAN And tha United BtitM hava failed to raaolva a lonQ-atandlng dlaputa ovar toraign aocaaa to Japan'a auparcomputar markat, a Jap* naaa foratgn mlnlatry official •aid yaatarday. Rautar
      Reuter  -  33 words
    • 28 14 Reuter JAPAN'B currant account surplus droppad by mora than SO par cant In Odotoar as car axports plungad, tha Financa Mlnlatry said yaatarday.— Rautar
      Reuter  -  28 words
  • Page 14 Advertisements
    • 185 14 ASSISTANT CHIEF FINANCIAL CONTROLLER Hong Kong based International, Trading Company invites applications for the position of Assistant Chief Financial Controller working under Vice PresidentChief Financial Officer. Job will require to station in Hong Kong for a minimum of five years with potential of promotion for right person Work will need
      185 words
    • 310 14 A ■■■nKflnii YOU HAVE STYLE. YOU HAVE SUBSTANCE. YOU DESERVE AN AWARD.I Should it be you... or, should it be someone Rewards share with your friends at Singapore's top iBL you know? The Baileys Executive of the Year trophy venues. iUUk Achievement has become your second (specially commissioned Irish crystal).
      310 words

  • Executive Lifestyle
    • 1316 15  -  Some things never change, right? And that surely must include the pollyanna world of Walt Disney? Well, that myth was officially shattered when Jessica Rabbit slinked onto the screen. But, Snow White fans, don't cry... there is life after the last Oscars show. More and more
      1,316 words
    • 763 15  -  By FOO CHOY PENG "WHAT!? You think this apartment is too small?" asked the real estate agent in disbelief. "But you are staying alone, aren't you?" she wanted to confirm. I nodded, as I inspected the supposedly 597 square feet of space in the apartment. Well, not
      763 words
    • 246 15 THE EUROPEAN Court of Justice sympathised earlier this week with chicken exporters who complained about West Germany's inspection rules. Opening up every single truckful of meat created more fowl problems than it prevented. But it's not really surprising that the non-German speaking were stumped by the
      246 words
    • Commentary
      • 871 16  -  MALINI TAMBYAH The writer Is with BT'a Foreign Desk. THE BASIC EDUCATION of our children is not a commodity to be bought and sold in the competitive market-place of private enterprise. Deep down I think most Singaporeans share this view. A
        871 words
      • 130 16  -  Tong Chee Wah Deer Sir In order to improve BTs circulation further and to increase its readership, may I suggest the following: 1. That your paper publish special columns for odd lots with buyer's and seller's offer prices snd their names, addresses and
        130 words
      • 236 16  -  letters to the Editor B J Fernandas Door Sir, Now that the Businessman of the Year Award is coming round again, the organisers may want to take a fresh look at the manner in which the winner is selected. The title of the
        236 words
      • 57 16  -  D W Distant Dear Sir Could some authoritative source give us the background economics of why Singapore has to live with the perennial problem of its water supply, much of it from outside Singapore, and not invest in desslination plants? After all, we have
        57 words
      • 103 16  -  Gregory Tan onipyara LJQ DMr Sir In the article Trade mission to USSR a success' (BT Dec 1), there was the sentence: "These contracts are significant as it is the first time a Singapore shipyard has dealt directly with Russian shipowners."
        103 words
      • 1681 16  -  HARISH MEHTA The writer, who has interviewed most of the personaiitiea' men£ Honed in this commentary at one time or other, is with BTa Foreign Desk. RAJIV GANDHI is a good airline pilot and a pleasant yuppia. But the people's will
        1,681 words
      • 196 16  -  CTS Dnt Sir, Recently, the Sesdaq market saw frantic activity. Investors and speculators chased Sesdaq shares to new highs. Why this mad scramble for Sesdaq shares, I wonder? Have investors, as always, overreacted to good news like the setting up of the OCBC Sesdaq Fund
        196 words
      • 185 16  -  Michael Sir Morgan QrenJeN Asia ***** BsourWes Pie Ltf Dear Blr We refer to your "Stockmarket: CAD probes 'bounced cheques' cases"* 1 (BT Nov 22). In that article. Morgan Grenfell Partners Securities together with two other' stockbroking firms were men-" tioned as having
        185 words
      • 121 16  -  Raffles Hobel Deer Sk, We wish to convey our thanks for your coverage of the Raffles Hotel Heritage Search in your Nov 22 issue. However, there is one piece of information that would be of further help how to contact us. Readers
        121 words
      • 79 16  -  Rigor Mortis Dear Sir, Roads in tunnels or roads on stilts are both sensible ideas for separating two conflicting elements of our traffic, the slow pedestrian and the faster motorist. One stretch of road that could do with a tunnel when it is devel-
        79 words
    • Executive Lifestyle: Entertainment & Pursuits
      • 797 17  -  0y NEVILLE STACK 7>IE PICTURE of sn Englishmen's club is of oak-panelled splendour where gentlemen snooze in leather armchairs as an alternative to talking to their fcivee. Maybe it wss like that a hundred years ago. But like so many stereotypee ibout England, it
        797 words
      • 522 17  -  y v^y witn NICHOLAS HADOW The writer la managing director of BZW-Pacific Union Pte Ltd. ONE MEETS s much more intereeting class of peoPle in the men's room rse days. Conversation more varied, and deRe more heated. Why so many men now doing what they have believed women
        522 words
      • 768 17  -  WINE By N K YONG ONCE AGAIN we are In the midst of the silly season with all Its hype about Beaujolais Noveau. I confess I can't work up much enthusiasm for a wine whose sole claim to fame ie that it is the
        768 words
      • 1274 19  -  By JANE E BROOY NYT FOR A MINUTE THERE, as the latest cholesterol controversy began to rage, you may have thought: "I knew it all along. How can something as wonderful as steak and eggs or pie and ice-cream be bad for
        NYT  -  1,274 words
      • Article, Illustration
        1876 19  -  W*np"#C By ROSNAH STAGE PERFORMANCES: novm In the Dark Aklra's X'mas Concert Akira Takahashi performs hla own creation, Flowers In the Dark, to raiae funds for the National Kidney Foundation. Sponsored by Sheraton Towers, ticketa are sold at $100 a person. Dec 14, from 7.30pm to 12am at Sheraton
        1,876 words
      • 690 20  -  NOSTALGIA By DAVID CHEW FOR A ROCK STAR who haa got more hits In tha Britlah chart* of tha '80a than Cliff Richard. Madonna or Elton John, Bhakln' Stavana was vary unassuming whan ha mat tha prass last Thursday. This sama "Shaky", ralaxad
        690 words
      • SHORT TAKES
        • 136 20 WEA Recorda la having a big foetive bosh thia aftarnoon at RkJley'a In Contury Park Sharaton. Killing two bird* with ono can, tha music lovara' muaic eannara hava anared Kon Kan to provida tha entertainment Kon Kan la tha brainchild of Canadian Barry Harrla,
          136 words
        • 77 20 STRAPPED for Now Yoar reoolutlone? Tho Tangt calendar for 1090 providee thoughtful inelghto whlla commamoratlng Singapore's 20th annlvoraary through local master celllgraphor Pan Bhou. Tho calligraphy and po•m» In tho calondar provide much food-for-thought, a« tho yoar drawe to a A cjott o#ning uit root adq
          77 words
        • 67 20 KKNNY CHAN. In oary wnya auntla guieo. la boos*' atSibia tor Chrtetmaa for thoaa who would hava dtrs nar drag on, ao la apaok. BJbik Kay Poh and har friend Ah Chtm Kay Qaw will diaouaa tha ouatoma and tahooa of Chlnana Now Yaar at tha
          67 words
        • 61 20 HARBOUR VIEW DaMohi haa found to Ita luoratlva dallght that not a taw Singaporaana lova aalmon In una wTitri rivtri 1 JIA Ijj MIAkAUi y\9\Q rTKMUy rIIODOW n%n. iMtfxjto m Novambor promotion to Dac 23. In whloh aalmon la aarvad ataamad, bakad. AMMaai^i grsnnaiM, poscnw, Qrmto or panfrlad.
          61 words
        • 98 20 CALUNQ all eerth kwwL,, Flame of the ForeeL Jhreo- will W P^^Wwnw' Earth Mutto on Friday, oia at tho DM Auditorium it 7.18pm. Tho "evening of tuf'toying muiki is haU' Hf W»w» W (|p W In conjunction with tho 190 th onnlvoroory of tho Botanic Qardone and In
          98 words
        • 113 20 ENTERTAINER Otok LOO la to rovoal The Seorof Dtory or Lee Pong Boon apparently laying bare Me life In a mueloal autobiography. The zany ehow will run at the World Trade Centre Auditorium from Doe 1941. In K. Loo traooo tho InMl IaAAOA klaa luvnoM u\m\ impvo
          113 words
      • 1075 20  -  RANDALL ROTHENBERG NYT A BOOMING MARKET in noatalgia la turning yaatarday whan ail our trooblaa aaamad ao far away Into tha lataat craze in tha oommunicatlona and conaumer producta induatrlaa. In thair lataat attempt to catar to tha poatwar baby boom, tha largeet
        NYT  -  1,075 words
      • 381 21 BOOKS PAjQES FROM YESTERYEAR: A look at tho Printed Works of Singapore, 1819-1959 Produced by tho Singapore Heritage Socioty Reviewed by SAfAMAO REJAB IT$ NOT OFTEN that one gets a chance to literally leaf through tho pagee of history. •This collection of printed works, dating from
        381 words
      • 1026 21  -  WEALTH By MARY CANTWELL NYT "DO YOU USE my houseguest asked, naming a brand of dishwasher detergent. "Yea," I said. "Then I guess I can't take this," he sighed, and gave me a coupon torn from the Sunday paper. My houseguest is an honourable
        NYT  -  1,026 words
      • 1127 28  -  CHANNELS Willi ROGER LOH BOX-OFFICE comedy champion Eddie Murphy rules the airwaves in January with three blockbusters, two of which are worthwhile repeats. In fact, comedy appears to be the staple fare in the first month of the new decade, which also promises a fair helping of
        1,127 words
    • Executive Lifestyle: Pursuits
      • 969 18  -  HEALTH By RICHARD SEAH The writer is editor of The Qood Life, a hemtth a magazine. The views expressed in this column ere )t personal. HYPERTENSION, the focus of this year's National Heart Week, is often described as the "Silent Killer". The condition certainly is silent.
        969 words
      • 580 22  -  JAZZ 'Jazz is not black people's music anymore it's very personal music and it's international.' By A BURENDREN THE MASTER Mt In his spar* dreeslng room. Badao Watanabe alpa hot water, fraah from a nap between sound-checks and tha night's parformanoa. Ha puta avaryona at aaaa
        580 words
      • 351 22  -  By MALINI TAMBYAH SADAO WATANABE presented a freeh approach to fusion on Monday. Although it waa obvioua that the roadman had aged, an avid appatita for axploring naw aounda and particularly naw rhythm# waa evident. Watanabe waa at all timee assured, but far too safe.
        351 words
      • 394 22  -  Malini Tambyah DBS AUDITORIUM la hsrdly Ronnie Scotta, yet world clssa bebop waa heard there Isst Sunday night. The Clark Trscey quintet, s group relstivsly nsw on ths British jszz scene and newer still to Singapore, gave ua a treat of what they could do. The
        394 words
    • Entertainments & the Arts
      • 814 23  -  CLASSICAL By P Y VAN A REVIEW of a 1069 "John Williams and Friend#" concert In Dublin's National Concert Hall by Simon Taylor In Claaatcal Guitar •aid that Williams's performance was "of such a high class that It seemed a pity that this (Bach's Fourth Lute Suite)
        814 words
      • 451 23  -  ROCK V2v Cr A, Roger Loh TEARS FOR FEARS: The Bm* of Low* (Fontana) What it immediately striking about The Seeds of Low it the decidedly complex tone. The duo confront their demons here, proving they have learned to face the grimmer side of
        451 words
    • Executive Lifestyle: Sports
      • 452 24  -  SAILING By CHARLES SAVAGE THE CONTINUOUS RAIN over the last couple of days had most of ua raising our umbrellas but for a small band of intrepid sea salts, it's time to cheer the monsoon on. Yes, the year-end sailing season has begun;
        452 words
      • 236 24 AP JAY DON BLAKE and Tracy Kerdyk teamed up to take a twostroke lead after Thursday's first round of the US$l million J C Pehney Golf Classic. Blake, 71st on the 1989 men's money list with U*****,499 in tournament winninga, and Kerdyk,
        AP  -  236 words
      • 442 24 GOLF AP PETER SENIOR played faultless golf for the second straight day yesterday to open up a threestroke lead over a star-studded field at the halfway stage of the US$4OO,OOO Australian Open golf championship at Kingston Heath, Australia. Senior, the Australian PQA
        AP  -  442 words
      • 522 24  -  ON TMCK With JEROME FANDOR THIS WEEKEND double feature in Ipoh is the Coronation Cup end Sultan s Gold Vase, both to be run tomorrow. Malcolm Thwaites has been having a good run recently, and the Ipoh-baaed trainer will be hoping to carry
        522 words
      • 696 24 TENNIS AP JOHN MCENROE was in his old form on Thursday combining terrific piay with his own tense of decorum as he outlasted Michael Chang 6-2. 5-7, 6-4. His victory, much tougher than it should have been, finally brought cheers from the Madison Square Garden
        AP  -  696 words
      • 314 24 SKIING AP URS KAELIN of Switzerland, struggling to make a name for himself, won the giant slalom on Thursday for his first World Cup victory and erased a week of depression following a crushing disappointment laat week. Kaelin overcame Lars-Boerje Eriksson of Sweden to
        AP  -  314 words
      • 227 24 AP AMERICAN Michael Chang and Spaniard Arantxa Sanchez are the two remaining names on the shopping list of Australian Open tennis championship officials. French Open champion Chang has said he will be taking a break from tennis eerly in ig9o and plans
        AP  -  227 words
      • 244 24 BASKETBALL AP WHEN TWO expansion teams meet for the first time, neither wants to look inexperienced. "There's a rivalry between the expansion teams," Orlando's San Vincent said after the Magic beat the Minnesota Timberwolves 103-06 on Thursday night "All the expansion teams want to
        AP  -  244 words
    • Executive Jobs
      • 403 25  -  By TAN KEE WEE PANEL interviews may not be the bast way to svaluats job candidates because it can be an intimidating sxperience, in the view of Mrs Psrlita Tiro, managing director of local head-bunting firm Tiro Consulting Services.
        403 words
      • 213 25 PETER UNO, currently general manager of Lintas:Singapore, will be the chief executive of the advertiaing agency with effect from Jan 1, 1990. The current chief executive, Chris Baker, will return to Thailand to take up the poat of joint managing director in Lintaa:Thailand. HDM Advertising, has appointed
        213 words
      • 658 25  -  By ANNA TEO DO MBAs deserve higher salaries than others not so qualified but as experienced? A good number of British senior executives thought so, according to a survey by The Economist Yet only 6.5 per cent of 200 British top executives
        658 words
    • Executive Lifestyle: Investment and Finance
      • 683 26  -  PERSONAL FINANCE By ALVIN TAY 00 NOT SELL your foreign currency notes at the retail banks, not even the 10 money-changing counters set up by two local banks at Changi Airport. That is, if you are shopping for the best exchange rates. These
        683 words
      • 703 26 JAPANESE UNIT TRUSTS FT PRIVATE INVESTORS who want to place their money in a Japanese unit trust are spoilt for choice with 70 or so funds to chooee from. But the field can be narrowed considerably; only a handful of managers'
        FT  -  703 words
      • 545 26 TOKYO STOCKS AFP STRONG CORPORATE results, steady economic growth, a stable yen and lower interest rstes have pushed the Tokyo Stock Exchange into a bull run that could continue into January, analysts said. Following six consecutive record highs, the Nikkei Stock
        AFP  -  545 words
      • 717 26 YEN INVESTMENTS Reuter IT TOOK A LONG TIME for Gulf Arabs to invest In Japan, the dynamic economy that was buying moat of their oil, but Gulf Arab inveators are finally hooked on Japanese yen assets. The irony is that they
        Reuter  -  717 words
      • Don't quote me...
        • 80 27 RESULTS of the long-awaited sale of the Standard Chartered Bank building at 6 Battery Road may be announced next week. Almost all the broking houses reckon the property to be worth at least $2,000 per sq ft, and have used it as a yardstick to
          80 words
        • 76 27 AMERICAN researchers have discovered a close link between salaries and fidelity: the more a married man earns, the more likely he is to take a mistress. They found that more than half of those earning US$4O,OOO (equivalent to S$80,000) would keep a second woman. Those
          76 words
        • 147 27 TAIWANESE go to the polls today after weeks of freewheeling campaigning, with candidates resorting to mudslinging, votebuying and a touch of Chinese superstition. According to one estimate, seats up in today's local and parliamentary elections will be the moet expensive in Taiwan's history. Candidates are
          147 words
        • 208 27 ONE OF THE most frequently mentioned differences between the Hongkong and Singapore business communities is the speed at which they work. Generally, while Singapore businessmen are talking about a plan, or setting up a task force or a high-powered committee to look into the matter, their
          208 words
      • 578 27  -  AUSTRALIAN CURRENCY by FLORENCE CHONG HOW LONG can the Australian dollar sustain its high level? Many economists argue it is overvalued, and pundits suggest that sharp depreciation is inevitable as overseas investors understand the extent of Australia's economic problems. The strength of the AS
        578 words
      • 178 27  -  CHART POINT By GOOLA WARDEN THE POINT-AND-FIGURE breakout at "A" (chart 1) provides the Straits Times Industrials Index with an upside of 1,430. This corresponds to a supply level "S" (chart 1). There is a possible extension of the move to 1,475. In the
        178 words
      • 1021 27  -  BULL AND BEAR MARKETS By AMY BALAN THERE MUST be something about January that makes share prices virtually immune to bull and bear cycles. Consider this: Since 1971, Singapore has experienced four bear markets and five bull runs. Yet every January during the
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      • 657 27  -  mm By LORETTA McLAUGHLAN YOU DO NOT have to look much further than the Malaysian cement industry to find stock prices that have enjoyed a vertical lift-off this year. Thanks to a surge in demand from the housing and construction sectors, Malaysia's
        657 words
      • 694 27 PRECIOUS METALS THE ONLY shares market-watch-er David Fuller recommends these days are gold and silver mines. Mr Fuller, in his Nov 24 Fuller Money newsletter, says a global bear market is emerging for equities. Of the 20 markets he tracks, only Japan has not
        694 words
      • 505 27 Conversion terms Premium/ A*™. PHC.,..., 1.12.89, OpHon.1" W C mP ny Wrt, Share Ln slk C«sh Ch' Ln I m(h value 1 CKTang 16.9 3.100 5.650 1.00 2.25 5 1-82 20.10.94 59 Causeway Inv 7.3 0.415 0.855 0.715 1.00 1.00 1.00 25 Chuan Hup 50.2 0200
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  • Page 15 Advertisements
    • 172 15 NEED A c6L HOUSING LOAN? ggjf Call USA from any phone, any day, anytime at •—222 5544 or 222 8844— 1 HONGLEONG SINGAPORE j FINANCE LIMITED FINANCE LIMITED! i iJtmf 5 As soon as you selves as connoisseurs, enter The Hour Glass connoisseurs And our customers F O R COLLECTORS
      172 words

  • Page 16 Advertisements
    • 99 16 FOR WHO, WHAT, WHERE AND WHEN MARKET. CP ADVERTISING MARKETING, in BUSINESS TIMES every Thursday, covers a vital sector of the economy comprising the country's communications muscle. The page monitors business developments and the players in both international and Singaporean advertising agencies; it charts and reports on trends in public
      99 words
    • 57 16 BT welcomes letters ?f h from readers. Your < letters must Include 5 your signature, full name, address, and home T GSSSU and office telephone I numbers, N any. You may j j add a pseudonym, H you wish. V I Address your letters to: V The Editor, V Business
      57 words

  • Page 17 Advertisements
    • 70 17 v J*s .z. ■PBe SfiL Msm rikßfljt! s rifTaEP v i hHRIkI. BBF~^ BL pra P JUM MYCIN ili J El ENGLAND ■as! jJ ~^zS?S§ JKP? BHWwjL xFfiW OISTILLIO IN LONDON. JmJW ALEXANDER GORDON t COMPANY o 'J~ yf XI MAftCA MCCISTNADA > i, .vm. W& IMi —^HwjHV Ht t
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  • Page 18 Advertisements
    • 264 18 I Whet? to entertain... Where to entertain... Where to entertain... Where ft?" I I If you knew sushi. Those who appreciate only the best in Japanese cuisine have found a home in Singapore.lnagiku. Reservations, *****10 or *****85 ext *****/6. Mffflfftf THf Wist in Pv a/a jjtß^. ■-•>•<— hB Westin HonisClUMm
      264 words
    • 101 18 Bubbling, Simmering, Steamboat Buffet AT MING PALACE 7pm 10.30pm Select from: Fresh Big Sea Water Prawns Caroupa Meat Fish Balls Beef i Chicken Cuttlfish Crab Liver variety of vegetables variety of noodles Ssls++ LU per adult mho cvokt hotel SSlO+ per child iH3|l 1 Tanglin Road under 12 Singapore 1024
      101 words
    • 202 18 nuTfliees steak seafood restaur an! v TOO LATE FOR BREAKFAST? TOO EARLY FOR LUNCH? CALIFORNIAN BUFFET BRUNCH DEUGHTRJL 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
      202 words
    • 221 18 w BMIHHIHH fijg ■nrnw of Cantonese-Thai speciali- weekend. At the Seafood Theatre Restaurant Adult: $16.50++ Child under 12: $10.00++ Plaza Hotel sinG»yo*e Beadi Road Singapore *****W *****11 TO TOE This versatile Filipino band is sure to enthrall you with sentimental oldies of the 60's 70's, Country Western and the latest
      221 words
    • 281 18 1 ■-< 9 w NOVEMBER 24-DECEMBER 9 S I »-t M a% MM 2 w« M m trm OH <>■ u.^ toM •g "Vi a ik w sgl£o Join master chef Rene Mommejac from France for fefe's more pleasurable pursuits, sth Floor at Hie Stables. And enjoy a compltmen- >
      281 words

  • Page 19 Advertisements
    • 210 19 entertain,... I I H I 6jbubertttf (Srill I I Eveey Sunday I I i Themes A I I Family Feast I I IN The PA hK I At the Hubert us Grill\ Sunday brunch is a great II outingfor thefamily. A glorious buffet spread is laid II I out for
      210 words
  • Page 19 Miscellaneous
    • 608 19 *■■■■■BBBHI^_______________m—^ 10 Not from sounding the returned the money j Lm M WM 12 Someone you look af- JHI Hi ter, but you don't do It 13 Are sent off to get the mJ Lm mmm L_J easily available 15 Patriotic demonstration Lav l^_l__|_l_i_J you see as the train carved
      608 words

  • Page 20 Advertisements
    • 89 20 nil iai in Ml ea H I' 1 'ttr |l« I hi f n|fe*f 13F^ \i' Kk m I ill a^l X v I 5 MSs}Wlk 'Jk djt^i '.JVyr' mr<' l x #> <5 wrW4r^2BL w j*2L COMPANY i i IDEAS FROM MASSIMO OSTI f JOIN A 20% DISCOUNT ON
      89 words

  • Page 21 Advertisements
  • Page 21 Miscellaneous
    • 1335 21 C ATI IDHAY BBC Highlights Martin Redfern joins the search for conI I Sundav Dec 3rd 9 01am sciousness and asks leading scientists and Whom do I have'the Honour of ,hinkefS where ,hat Baarch is teadir>o ,h6m s§£ JtSTJSL.in ye.,, d*ta„n g a 5 Highlights 88.9 mHz in VHF Band
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  • Page 22 Advertisements
    • 124 22 DEWAR'S PB GARY JC \'y >\IK: Annapolis. A;;K: M. !'i;t •KKSSH >\: Yacht je< «nrer; e<lit<>r at la IU »U1 Trying t<> si. nc kal a limc. L \<ni( h >k \v mm LATKST AC <)MIM J IMS'> America's ('up i ,il i t ('up, a new '\»'Ml in New
      124 words

  • Page 23 Advertisements
    • 213 23 illS PROFILE: GARYJOBSON Hi >MK: Annapolis, MI >. AwK::U. P'.i »KKSSI( )N: racing tact irian; ant hoi leci tirer; editor-at-large, The )arltf. II- »l >I>Y: Trying to stay homo lor m<>re than a c»-k at a l imc. L \ST I■>()()K WRHTKN: Storm Sailing. LATEST ACX ()MI > IJSIIMKNT: Tactician
      213 words


  • Page 25 Advertisements
    • 493 25 DHL IN THE NEWS Advertisement ntll tn nloil Qonta The "Santa Pack" promotion, LU pidy OdlllCl launched on October 20 to beat the xOl l- lI li—i Christmas rush, will run until December 31 unnsimas 18, enabling customers to send gifts to any of DHLS 175 country destinations. DHL will
      493 words
    • 183 25 If- Ta OUR VISION IS YOUR FUTURE 1 Sembawang Maritime Limited,a specialist in salvage works, jS underwater services, shiprepairing, ocean transportation and Bs harbour towage is fast diversifying into other maritime services. mm Our vision for the next decade is to provide the most rjE comprehensive and reliable maritime services
      183 words
  • Page 25 Miscellaneous

  • Page 26 Advertisements
    • 197 26 SUW call genua SHELL take care of your needs a ""lIP DAY 03 CD HJ lUk New 24 Hour r-y p—» ■■■H 'Loan and Information „4 '!Ol !6J nr Service and Approval' Call Hong Leong Finance: i/Sl fjl fol y *****44 *ZJ JLI JiJ r Singapore Finance: i m f
      197 words


  • Page 28 Advertisements
    • 132 28 WMM l brand known to the world i Nj. r^. *js£ "'^^^^^^^^Bi^^BlijSjJlßßßP^^^Bß a > 2fe HHbh yB 1 TliPrß^^ \PS .'„*j£ »«hw fiJ nut L y' iff" Organize a gift for Christmas the easy and Or pick your favourite gifts from any of our convenient way with St Michael's festive
      132 words
  • Page 28 Miscellaneous
    • 632 28 Prophecy, Today, 10.30pm, SBC 5 Don't tuck into that great big fiah for dinner yet. It juat may be a mutation from thia film about environmental pollution. Set in Maine. John Frankenheimer's thriller haa Rob, a doctor, joining forces with a group of modern day Indiana to atop lumberjacka from
      632 words
    • 1103 28 SATURDAY zzzzxzr* Wf 1w ,A 8.00 News at Eight (C). 8.30 Diary of a Nation (C). SBC I 2 ,he same necklace as in 0.48 The Perfect Match (C. she says 955 The New Heaven p t- s r 2 t Bword 811(1 Dr o by Bodywalch Cne he oTaved
      1,103 words
    • 235 28 Dodywitdi Whit ift ywi afraMef?Today, 7.90pm, SBC 12 It's all right to go near the television set and switch it on to this programme you will not get it snapping back at you for touching it You may even begin to understand your own phobias This programme looks at the
      235 words