The Business Times, 13 January 1990
1990-01-13
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The Business Times
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Title Section12 1990-01-13 1 BUSINESS TIMES MCI <P) 170/12/8® Weekend Edition, January 13-14 1990 75 CENTS12 words
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188 1990-01-13 1 AFP JAPAN'S recent interest in Eastern Europe will not mean a reduction of aid or investment in Asia. Foreign Ministry spokesman Taizo Watanabe said yesterday. Prime Minister Toshiki Kaifu, in Europe this week on 10-day official tour, announced that Tokyo would giveAFP - 188 words
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532 1990-01-13 1 LEE HAN SHIH - By LEE HAN SHIH IN HIS MOVE to build the biggest food conglomerate in this region, "biscuit king'' J M Rajan Piilai has offered to buy up a number of RJR Nabisco subsidiaries. The 42-year-old Indian entrepreneur is one532 words
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341 1990-01-13 1 QUAK HIANG WHAI - Move reflects Singapore's advantages By QUAK HIANG WHAI FINANCIAL information group Telerate will move its regional centre for technical operations from Hongkong to Singapore by the end of this year. Mr Chua Cher Choon, the general manager of the Singa-pore-based Telerate Data Services, said the341 words
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Article, Illustration469 1990-01-13 1 JOHN TAN - S'pore to be world's main maker of data terminals By JOHN TAN MOTOROLA is aiming to export $1 billion worth of one of its high-technology products from its Ang Mo Kio factory by 1994. The product is a handheld data terminal,469 words
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100 1990-01-13 1 AFP JAPAN'S Kokussi Danshin Denwa (KDD) has bought a 5 par cant shsrs in ths Infonst communications and computer services cooparativa, throwing into doubt any future role with the group for Mitaui. The announcement of the KDO move waa made in ElAFP - 100 words
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Article54 1990-01-13 1 Reuter WALL STREET stocks yestsrdsy tumbisd 36 points in ths first 15 minutes of trsding on Friday following a Producer Pries Indsx rsport showing inflation up sharply last month and sharp declinas in Tokyo snd London markats. Tha Dow Jonas induatrlal avaraga waa down 36.27 points to 2,724.40Reuter - 54 words
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Article53 1990-01-13 1 AP LONDON share pricea were sharply lower at midday yesterday, as the market was hit by a steep fell earlier in Tokyo and by renewed worries about spiralling British wage claims. By about 1200 GMT, the FTSE 100-share index had sunk 34.9 points, to 2,363.0. Its worst level ofAP - 53 words
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Article85 1990-01-13 1 AP Reuter US WHOLESALE prices jumped 0.7 per cent in December to boost inflation tor 1960 to 4.8 per cent, the worst showing in eight years, the US government said yeeterday. The gain in the US Labor Department's Producer Price Index for finished goods, oneAP; Reuter - 85 words
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Article, Illustration141 1990-01-13 1 REGIONAL STOCKMARKETS generally closed lowar yaatar* day, lad by Tokyo, where aagging bond prices, a weakened yan and political uncartaintiaa drove share prices down. Tha Nikkai Indax plunged 663.36 point* to 37,516.77, a drop that was bigger than tha 647.33point plunge on Oct 16 last year141 words
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Page 1 Advertisements
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Advertisement250 1990-01-13 1 Nikon The Wbrlda Finest Photographic System. A LJ i Stiletto Bolognaise Page One A Khmer knot for the Khmers to untie Page Two Two qualities that keep Matt buoyant Page Three CllttSt "Identify the Personality" Contest results Page Three IMtll Food for thought for the Asian parent Page Five Spirts250 words
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Advertisement50 1990-01-13 1 Sembawang group revamps THE SEMBAWANG group has taken the first step in its long-awaited restructuring exercise which will involve Sembawang Shipyard taking over Sembawang Maritime and Sembawang Engineering. The ship-repair group is also making a private placement, the bulk of which will go to the Kuwaitis. Turn to Page 550 words
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Advertisement178 1990-01-13 1 Nikon TlwWfbfWsnnMt PholognpMe Syaftom. Full report, PAGE Regional Mkts, PAGE 10 World Mkla, PAGE 11 Since 1735 there has never been a quartz Blancpain watch. And there never will be. m j£k M mm 4Sv m 7 f *\JB A\Vv^.* t> I 4 I J K fW i "7i %Z178 words
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Advertisement142 1990-01-13 1 Mdoy ST bdmti tuh Index 1,559.17 (-6.90)) IT Comport Index 1,3d2.43 (-5_7'3) NST Mwtrtai Index 2,982.59 HK Hang Seng Index 2,835.94 (.1938 Tokyo NfcfcoJ Average (-653.36) y on# j owtonfi 1,711-54 +15.9) TKurjdoy Now York (Dow Jones) *****71+10.03 London (FT 30 Indox) 1,9405( 4.1 US$. 145.25yen 1.*****M S$1.8900 US$1.6863 M$«142 words
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HOME NEWS
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Article166 1990-01-13 2 A 25th ANNIVERSARY Charity Fund has bean set up by the government as an avenue for Singaporeans to contribute to the less fortunate during the celebration year. The fund will serve as a people's fund to be raised by and for the people with the166 words
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Article1162 1990-01-13 2 ARRIVALS Operator Sorvteo Local From number Mm* su SQ91 0005 PW/SHA OA! OA471 0015 ATH MAS MH623 0035 KUL AW HK AHK531 0110 HKG su soon 0115 LAX/NTT MAS MH601 0120 KUL UAL UA805 0120 SPO/HKG UAL UA97 0130 LAX/NtT CAL 0333 0315 TPC SIA SO 4011,162 words
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345 1990-01-13 2 MORE small- and mediumsized enterprises (SMEs) should take advantage of the various government schemes designed to help them upgrade their operations, said Or Tay Eng Soon. The Senior Minister of State for Education was speaking at the opening of the $3.5 million345 words
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346 1990-01-13 2 MARTIN SOONG - By MARTIN SOONG ONLY the most equitable and appropriate values and ideals of the Confucian tradition as practised in Imperial China have been synthesised and legitimised by government policy in modern Singapore. National University of Singapore Economics Statistics Department head Prof Lim Chong346 words
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Article159 1990-01-13 2 THE United Overseas Bank (UOB) group will raise Its fixed depoeit rates by up to half a percentage point across the board with effect from today. The group said in s statement last night that the revised rates will apply to UOB. Chung Khiaw Bank.159 words
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466 1990-01-13 2 JAYARAM MENON - By JAYARAM MENON THE Trade Development Board (TDB) is introducing measures to rein in escalating prices seen in the last two tenders for permits to buy chlorofluorocarbons (CFCs). The move aims to ensure a fairer distribution of CFCs as companies have to make466 words
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183 1990-01-13 2 DIGITAL Equipment Singapore (DES) has appointed an associate of Wearnes Technology, Mumps Systems Support Pte Ltd, as the local distributor of its personal computer integration products. Mumps will become the first distributor for Digital computer products in the Far East Digital managing director183 words
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Article75 1990-01-13 2 THE GOVERNMENTS of Singapore and the Kingdom of Lesotho in Africa agreed yesterday to establish diplomatic relations at ambassadorial level. A statement from the Ministry of Foreign Affairs said the two governments wish to strengthen and develop friendly relations. Lesotho, formerly called Basutoland, is located next75 words
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432 1990-01-13 2 SUZANNE SOH - By SUZANNE SOH TOA PAYOH and Tampines will be the first two town centres to be studied by a newly-formed retail consultative committee. The upgrading of Singapore's town centres is part of the Economic Development Board's plan to accelerate the growth of small432 words
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668 1990-01-13 2 THE GEO-POLITICAL forces that recently swept through Eastern Europe have not fundamentally changed the trends in the Pacific Rim countries, said Prime Minister Lee Kuan Yew in an interview with a Hongkong daily. Mr Lee told the Hongkong668 words
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Article, Illustration320 1990-01-13 2 THE FIRST concrete steps to help Singapore-made jewellery penetrate the competitive Japanese retail market fell in place yesterday with the debut of a collection culled from major local jewellers in Tokyo yesterday. The launch was hosted by S'Pore. a Singapore-Japanese joint venture which made headlines320 words
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Page 2 Advertisements
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Advertisement61 1990-01-13 2 v W A TV busmen pmon't choice every Tuesday, W IB if /I Thursday, Saturday and Sunday. Leaving Changi m Lml I f l\ I I Airport X 21:55 houn and arriving at O'Hare 1 I II M 1 |1 m International Airport the following Hay. Call yomr travel igrnt61 words
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Advertisement14 1990-01-13 2 WHERE ANDilvSlNj IN THE MARKET £f 157 Every Thursday... J, ADVERTISING Y MARKETING in14 words
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Page 2 Miscellaneous
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Miscellaneous195 1990-01-13 2 lat Jan 13 w n OUTLOOK: Ik***'* CNy Max/ Note o»er s tow M i n morning* snd o*er many nroen In Iho noon. A»«d~ M '„Tw£." Amsterdam 10/05 Cloudy Alton* 12/04 Sunny Mm Inn p Auckland 23/16 Windy Amoc humidity —72 Bangkok 33/24 Folr Mln lamp 23.S &«l|Wvg -2/-9195 words
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FOREIGN NEWS
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503 1990-01-13 3 Reuter THE EAST GERMAN government has proposed lifting a ban on foreign investment as part of a sweeping progrsmme to relax state control of the economy. Speaking in parliament on Thursday. Economics Minister Christa Luft proposed scrapping the stste's constitutionally enshrinedReuter - 503 words
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171 1990-01-13 3 Reuter CHANCELLOR Helmut Kohl says his top priority in talks with East German Prime Minister Hans Modrow will be how to raise living standards and stem an exodus of settlers to West Germany. Mr Kohl said on Thursday the most important theme atReuter - 171 words
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303 1990-01-13 3 Reuter WEST GERMAN reaction was guarded on Thursday after East Berlin announced that it would recast its constitution to let in capitalist investment. West German businessmen and politicians saw the move as Insufficient and they still need to "be convinced theReuter - 303 words
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385 1990-01-13 3 AP GENERAL MOTORS Corp (GM) said it is in the final stages of -talks with the Budapest government about an unspecified project in Hungary. If GM completes the deal, which company spokesman John Pekarek said on Thursday was in •'"advanced stages,''AP - 385 words
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169 1990-01-13 3 Soviet jeans made in Italy or Hongkong on sale in US AP AMERICAN-MADE JEANS once were a principal currency of the black market in Moscow Now. Americans can get "Soviet" blue jeans in the United States made in Italy or Hongkong for US$65 a pair. The jeans, on sale sinceAP - 169 words
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329 1990-01-13 3 AFP, Reuter THE East-European Comecon trade organisation must undergo fundamental reform in coming months or risk disintegration, said observers in Sofia, Bulgaria, on Thursday following the 45th Comecon meeting. Reforms would result in an organisation grouping countries of disparate development, trading withAFP,; Reuter - 329 words
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427 1990-01-13 3 AP AN INDEPENDENT Soviet newspaper that has chronicled the recent wave of reforms In Eastern Europe has become an advertising vehicle for several US companies intrigued by the potential sales territory. Advertising space in Atmoda the Journal of Perestroika is beingAP - 427 words
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399 1990-01-13 3 Sharp decline from previous year's 17.7 pc growth AP CHINA'S industrial output rose 6.8 per cent in 1989 compared to the previous year, a sharp decline from the 17.7 per cent growth registered in 1988. The State Statistical Bureau, quoted by Chinese dailies on Friday,AP - 399 words
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Article, Illustration351 1990-01-13 3 Reuter CHINA yesterday published stringent new rules on demonstrations in Beijing, reinforcing its defences against possible unrest one day after martial law was lifted. Authorities have also drawn up new regulations saying what foreign journaliats can and cannot do. The official media gaveReuter - 351 words
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146 1990-01-13 3 AP CHINA has welcomed what it says was a "wise" decision by France to rescind plans to sell warships to Taiwan. "This will be conducive to improving and developing the Sino-French relations," the official China Daily yesterday quoted the Foreign MinistryAP - 146 words
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470 1990-01-13 4 Reuter THE WORLD ECONOMY is expected to slow down further in 1990 and the developed countries could face a recession, the United Nations said in a forecast published on Thursday. The UN Department of International Economic and Social Affairs, in its annualReuter - 470 words
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203 1990-01-13 4 AFP DESPITE a slowdown in its economic growth, the South and East Asia region continued last year "to be the most rapidly expanding region in the world in 1969," the United Nations (UN) said on Thursday. In its annual review of theAFP - 203 words
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Article, Illustration476 1990-01-13 4 AP JAPAN'S plan to reduce its huge trade surplus and become an "import superpower" has drawn praises from US President George Bush and Commerce Secretary Robert Mr Mosbacher said the Japanese programme of tax and tariff incentives "sounds like an impressiveAP - 476 words
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373 1990-01-13 4 AFP THE EUROPEAN COMMUNITY (EC) it expected to give the green light within e week to an agreement worked out laat year with Japanese semiconductor makers, an EC source said on Thursday. The permanent repreeentatives of the 12 EC members approved the accord onAFP - 373 words
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171 1990-01-13 4 Reuter CAR PRICES vary dramatically within the European Community, but buyers encounter major problems when they search tor the best deal across national frontiers, an EC-wide consumer lobby group said on Thursday. The European Bureau of Consumer Organisations (BEUC) said inReuter - 171 words
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Article, Illustration478 1990-01-13 4 NYT THE Japanese government is expected to announce soon that it will extend its "voluntary" quotas on car exports to the US, but Japan's major manufacturers note that the action is an annual political gesture that has no effect onNYT - 478 words
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350 1990-01-13 4 Reuter FOREIGN direct investment in the US is believed to have surged by about US$66 billion last year, surpassing the previous record rise of US$5B billion in 1988, said the Association of International Investment. The lower value of the dollar aginst theReuter - 350 words
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336 1990-01-13 4 Reuter FROM BUYING weapons to buying cakes, the US Defence Department has promised to save US$39 billion over five years with better business management of the staggering US military budget. But experts caution that the initiative, announced on Thursday by DefenceReuter - 336 words
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Page 3 Advertisements
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Advertisement51 1990-01-13 3 Bally at the Royal Holiday Inn 9^B ./^^■agSp^Ji^HF /w Jr BAI.I.YINTKRNAIIO N A I. C O L F. C T I O Designed for the cosmopolitan gentlemen and ladies BALLY ta%s 25 Scotts Rood *01-01 Royal Holiday Inn Shopping Centre. Singapore 0923 Tel 737 0503 Open Daily; 10 am 951 words
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Page 3 Miscellaneous
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Miscellaneous21 1990-01-13 3 Doopesbury BY garrv trudeau TAfif ?L WMNGS- OKAY.ISTS WHAT KJND, Jz, IvfisßM a, T KOMHA 9VPOYOU wy AH-SIR* HON*' mgfi. 'KSSM.21 words
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Article1412 1990-01-13 4 AT CONVENTIONAL WHARVES Vmm) Voy No B#flh Arrival Departure OS KI7 otongtido 1101/ 0400 Cooumai I l/W KM olooquOt 16.01/ 1500 £bukwo 02."TO K28 otaog*do 1201/ 2300 S3W K3S atoagsMto 1201/ 1400 K<choM 83 KI9 a'ongndo 13.01/1300 Kim Sow li 2/901 K20 olonQiad* 1101/ 1730 Koto takii1,412 words
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Page 4 Advertisements
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Advertisement90 1990-01-13 4 Contact telephone numbers (Tanjonq Pagar Terminal) Section 1 Section 2 Section 3 Berth telephone Berth telephone Berth telephone C 1—*****20/*****92 C 4 *****24 C 8 *****63 CIN —*****20 C 5 —*****43/*****45 C 9 *****84 CIS *****92 CSN —*****43 ClO *****70 C 2 *****51/*****53 CSS *****45 CI2 *****54/*****42 C2N —*****53 C90 words
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COMPANIES & MARKETS
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430 1990-01-13 5 NST PROPERTY-BASED IGB Corp Bhd has agreed in principle to buy a substantial stake in the newspaper company Star Publications (M) Bhd. Huaren Holdings, the whollyowned investment company of the Malaysian Chinese Association. which holds a 78 perNST - 430 words
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467 1990-01-13 5 PALMCO HOLDINGS Bhd has entered into a Ms2s million joint-venture project with the Lucky-Goldstar group of South Korea to produce plastics. Palmco said in an announcement the joint-venture is in line with its policy of forging closer business relationship and co-op-eration with foreign multinationals467 words
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207 1990-01-13 5 Bernama A NEW COMPANY will take over the assets and liabilities ot Kuala Lumpur Industries Bhd (KLI) and will issue one fully paid-up share of Msl each for every seven ordinary KLI shares of 50 sen each underBernama - 207 words
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176 1990-01-13 5 Bernama SCIENTEX INDUSTRIES Bhd plans to convert its agriculture land in Johor into a mixed development area. Its executive director Goh Thong Beng said there was demand from both local and foreign parties for its 398.5 hectares of estate land valued at MBernama - 176 words
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Article, Illustration411 1990-01-13 5 LIM MUI KHI - By LIM MUI KHI HTP HOLDINGS, part of the Jack Chia-MPH group, has invested more than $45 million or 50 per cent of its excess cash from the Tai-Pan Ramada Hotel sale last May, thus complying with the Stock Exchange of Singapore's411 words
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452 1990-01-13 5 INTERNATIONAL TRADER Intraco Ltd has penetrated further into the huge USSR consumer electronics market with a tie-up with a leading Soviet company. The partnership will allow Intraco to expand its distribution network in the Soviet Union, as well as develop its countertrade452 words
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Article, Illustration685 1990-01-13 5 ANDREA BORCH - By ANDREA BORCH SEMBAWANG SHIPYARD Ltd (SSL) has taken the first major step in a long-awaited restructuring of the group with the proposed purchase of Sembawang Maritime Ltd (SML) for $47.32 million. Additionally, Sembawang Holdings Pte Ltd will make a valuation of685 words
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Page 5 Advertisements
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Advertisement129 1990-01-13 5 A BIGGER BANG FOR THE AEROSPACE BUCK It pays to advertise in Business Times l\\ ASIAN k (A AER#SWkCE'9O supplement y the official business daily of the air show. As in past years, Business Times will publish an aerospace supplement, on February 14, 1990 the very day that ASIAN AEROSPACE129 words
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MONEY AND EXCHANGES
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415 1990-01-13 6 FT THE PHILIPPINES has decided to let its currency fall below past lows to raise the country's export competitiveness following a loss of economic confidence after the failed December army coup. Mr Cayetano Paderanga. acting economic planning secretary, projected an exchange rate toFT - 415 words
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Article200 1990-01-13 6 us$ om no 7 dart 8 1/4 1/8 1 month 8 1/4 8 1/8 2 men** 8 1/4 8 1/8 3 month* 8 1/4 8 1/8 6 inwh* 8 1/4 8 1/8 9 month* 8 1/4 8 1/8 12 month. 8 5/16 8 3/16 S Ft DM200 words
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Article1253 1990-01-13 6 SINGAPORE: The dollar ended mixed in directionless trading that was dominated by mark/Swiss franc, mark/yen and sterling/mark croea activity. "There was no clear trend tor the dollar and players were mainly unwinding their long Swiaa/ahort mark positions while swiss franc/yen remained well bid," said Yoshihiko Ebata, foreign exchange1,253 words
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152 1990-01-13 6 Reuter THE VOLUME of futures and options contracts traded on the Sydney Futures Exchange (SFE) rose by 50 per cent in calendar 1989 to 11.82 million contracts from 7.87 million in 1988. the SFE said in a statement. The figures continueReuter - 152 words
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Article173 1990-01-13 6 Gold futures on January 11, 1990 100 tray ouncu. USS par troy ounci Opo« Htg* Ua Mk ton 90 ***** 412X10 412.00 4UJ0 t 60 Fofe 413.00 415.80 413.20 413.60 4 1.40 Mo. 41 ».00 1 JO Apr 420-00 421.30 4I8J0 420 90 4- 1J0 Jwn 423.30173 words
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Article269 1990-01-13 6 IMM CURRENCY futures closed mixed after a choppy session in which prices consolidated before the release of the US economic data. Swiss francs rose to new contract highs for the fourth straight session. Swiss National Bank president Markus Lusser said the central bank would counter an extreme fall in269 words
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Article661 1990-01-13 6 Reuter EURODOLLAR futures closed slightly some liquidation and position adjustments in quiet trading. Dealers said operators were cautious, unwilling to take fresh positions ahead of the US December retail sales and producer price index release. March Eurodollar eased to 91.94 from Chicago's 91.96 and June to 92.01 against 92.03Reuter - 661 words
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Article62 1990-01-13 6 THE overnight rate on the Singapore money market was 9/16 point higher at 5-9/16 per cent yesterday. Short-term rates for one month and two months were higher at 5-13/16 S$ Interbank rates at the das* yesterday: om mo Ox*3 9/16 3 7/1* S 13/16 5 1/16 2-mort* S62 words
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Article101 1990-01-13 6 Treasury bills Period Issue Yesterday's dosing Doy i cod* Maturity WO Offff HK5H LOW 3 months 8Q*****H 15.04.90 4.22 4.17 4.20 08 6 months 8S*****V 18.01.90 4.22 4.17 1 year 6Y*****Z 18.10.90 4.25 4.20 4.17 4.15 Government notes and bonds Period Issue Maturity Coupon Yesterday's doting Day's101 words
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Article, Illustration170 1990-01-13 6 ■m prim* iMdhtraSSi of 12 major banks In i'poro Interbank market rates (offer/bid) on Jan 12 US$ DM SWFC Y«n 7 toy, a 1/4 —a I/a IS l/a—IS 7 11/14 */l4 *7/1-11/4 *J/l-tl/l i «i/4 —a i/« isi/a—is a —77/a 9 7/a 1/4 43/4 4 s/a 1170 words
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Article1205 1990-01-13 6 CURRENCY FUTURES OPTIONS Friday January 12 1990 DEUTSCHE MARK (SIMEX) On M call* Dm M put» 53 53 54 JAPANESE YEN (SIMEX) Dm M calls Dm M put* IMM Thursday, Januory 11, 1990 BRITISH POUND CM,§00; c«nts por C Mt C»«l 8«H Prtca Mar-c Jun-c *^P 1600 4.60 S.2A1,205 words
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BANKING AND FINANCE
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403 1990-01-13 7 QUAK HIANG WHAI - Borrowings in manufacturing, commerce up Bpc By QUAK HIANG WHAI BUOYANT demand from almost every sector of the Singapore economy pushed total bank loans up by $1.7 billion to $48.2 billion during the month of October last year. On the403 words
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141 1990-01-13 7 ttfE COURT CASE aflainst Yong Tai Kong, 32, who is facing three cftarges of alleged criminal breach of trust involving the illegal transfer of shares and warrfnts, was yesterday adjourned to Feb 2. Yong was alleged to have committed the offences while141 words
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Article50 1990-01-13 7 JAPAN'S Meiji Insurance Co has bought one per cent of Hongkong and Shanghai Banking Corp, the biggest non-Japanese bank in Aaia, for six billion yen. The acquisition of some 57 million shares in the bank was aimed at receiving dividends and information about Asian stock markets.50 words
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232 1990-01-13 7 AFP CHINA has requested a loan of US$2 billion from Japanese commercial banks, a major daily reported on Friday, quoting international monetary sources. The huge loan is expected to be provided right after a mission from the Federation of Bankers'AFP - 232 words
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183 1990-01-13 7 AFP JAPANESE bankers who were scared away from the New Zealand investment scene after last year's collapse of a major merchant bank have returned to the market, a newspaper reported yesterday. Daiwa Europe Ltd, Sanwa International Ltd andAFP - 183 words
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161 1990-01-13 7 AP DRESDNER BANK AQ. West Germany's second largest bank, is opening offices in East Berlin end Leipzig, in addition to a branch in Dresden. Dresdner bank will become the first West German bank to have branch offices in East Berlin and Leipzig,AP - 161 words
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160 1990-01-13 7 AP J P MORGAN and Co reported a 40 per cent drop in fourth-quar-ter earnings and a US$l.3 billion loss for the year, a decline that reflected a major increase In the bank's reserves for problem debt. The 1989 loss, which translatesAP - 160 words
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88 1990-01-13 7 Reuter TOKAI BANK LTD plans a tie-up with Chicago-based Carr Futures International Inc. a unit of Compagnie Financiere de Suez, a bank spokesman said. Although negotiations are still proceeding, it plans to buy a 25 per cent stake for US$5 million by February.Reuter - 88 words
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584 1990-01-13 7 Reuter FOREIGN BANKS in Japan are preparing to ask the government lor special treatment as they watch their already small share of the market shrinking. Officials at some hanks say that is the only way to avert friction as Japanese banks startReuter - 584 words
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128 1990-01-13 7 Reuter THE JAPANESE Finance Ministry notified banks that it has abolished the limit on loan loss reserves. previously set at a maximum of 15 per cent on loans to 40 financially troubled countries, a ministry official said. The move was made to increaseReuter - 128 words
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COMMODITIES
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Article537 1990-01-13 7 MALAYSIAN crude palm oil prices closed higher on light covering interest, aided by gains in palm oil futures in anticipation of a rise in Chicago soybean prices. Jan south rose M 512.50 to Ms7oo a tonne while Feb south traded up to Ms7lo. The refined palm oil market537 words
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Article359 1990-01-13 7 RAS prices m 8 c«Mkg, fob m iMto* noon close Buyers Sailers Buyor* lot 1 RSS Prompt 155.25 156.25N 155.50 156 JO Int 1 RSS Fob 90 158.25 158.75 158JO 159.00 Int 1 RSS Mor 161.00 161.50 161.25 161.75 Int 2 RSS OP 152JO 154.50N 152JO 154359 words
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Article296 1990-01-13 7 HONGKONG: Gold cloeed firmer on new buying* triggered by the sharp drop in Tokyo's stock market "Trading was rather choppy," a dealer said. "The metal was pulled oft from its peak after selling orders arrived from the Middle Esst" A range of US$4l2 to US$4l7 is expected later296 words
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Article166 1990-01-13 7 Telerate FUEL oil price# were lower on bearish fundamentals in February. The overnight run-up in crude prices failed to give support to fuel oil prices. HSFO futures traded near $2 mt lower basis February, after breaking key support level of $105 mt. Potential bids were aroundTelerate - 166 words
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Article244 1990-01-13 7 SINGAPORE: Quiet conditiona continued to prevail on the rubber market with prices little changed from morning levels. Gains in the Japanese rubber markets failed to arouse any buying interest. February 1 RSS buyer was quoted at 158.50 cents a kg. up half a cent from Thursday's close. On the244 words
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Article197 1990-01-13 7 London Commodity Exchango Ruyor/SoMor dosing prices on Jan 11 (£/tonne unless specified). Previous dosing prices in parenthesis. Coffee J«, 604/606 (615/618) Mgh/tow 617/591 Mor 628/629 (636/639) High/Low 8 38 612 SoU. *****) Cown Mar 641/642 (630/631) High/low 644/632 May 653/654 (641/642) Mgh/Low 656/644 Sate* (8326) No 6 FOB197 words
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Article146 1990-01-13 7 THE Kuala Lumpur Tin Marfcat (KLTM) axtandad Ha downward uino, wnn>9 canta to doaa at MSI7.M a kg on lurthar aalHnga. Tha KLTM prfca dlflarantlal to LME waa at US$l5O par tonna pramlum aflar tha taM In London. Tin futura* axtandad Thura- day'a lonn on lurthar liquidation and146 words
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Article187 1990-01-13 7 CMmm Produe# Mhn rw daring prtcm em immmr, 13 tSS/100 kg) CoCQWMt ol M KM 00 OM do* rot *'-00 Now *w> KM *3-00 Copra MUod DMMI 42.00 whn PtOOtf •Pr MMMI rat ww jwjo Wi»«> FOt fos NIW M2J0 S r w dbtocfc KM M.W 330.00 Sarawak187 words
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Page 7 Miscellaneous
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Miscellaneous26 1990-01-13 7 OLLAR$ AND NON$EN$E®. \|i v-,.. jjj v N»AV>QofpQD "I'd love to chat, dear, but unless it's high-powered, highquality, high-finar\ce chat, I just don't have the time."26 words
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SES
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Article, Illustration802 1990-01-13 8 ABDUL HADHI - by ABDUL HADHI NEGATIVE trading sentiment arising from Tokyo's fall drove share prices on the Singapore stockmarket down yesterday. Profit-taking emerged in the afternoon as the market got wind of the news from Tokyo. "Tokyo was bad. Neither was there any encouragement from Hongkong, which802 words
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Article227 1990-01-13 8 Rises TongM.no 195 +6.0% +11 RMCA R« 176 +5.4% +9 Tonhow Ind SOi 118 +5.4% +6 iMton SOt 1130 +4.6% +50 l&MWiti 131 +3.1% 4 Guthrl* In 20f 18+ 2.9% V4 Parkway H 50* 354 +2.9% +10 Cold Storago H 390 2.6% 10 JC-MPH 139 +2.2% +3 Apollo227 words
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Article242 1990-01-13 8 Rises Emtex Corpn 157 20.8% 27 Paramount 148 +15.6% +20 S P K S*nto»a 170 +14.1% +21 Tongkah Hldgs 172 +12.4% +19 Ind Oxygen SOi 104 11 ,o 1 1 P M R I SOi 250 +11.1% +25 Kamuntlng SOi I' 4 +10.7% 11 Renong Bhd SOi 118242 words
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SES SHARE INFORMATION
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Article2878 1990-01-13 8 Or't Or't 1989/90 Toi Last Vol Day Laot Quote Dlv Oto Y*W M £•[> High Low Codo Company Solo +or- (*000) Hlgti Low Buyor Sotlor Cvr P/E mM JAN 12 DEBENTURES, BONDS, LOANS 330 124 t 1543 CK Tang Wt 1990 288 -2 2 288 288 266 2902,878 words
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Article1209 1990-01-13 9 Or'a Or't vol dm i —t Quota Ohr Ot* Y*ld Mil M Cap High Low Cod* Company Sato +or- (*000) High Low Buyar Sallar Cw P/E SmM JAN 12 HONG KONG STOCKS 960 880 1739 Cheung Kong 980 750 730 1341 HongkongBank 730 -8 37.2 736 730 7301,209 words
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Article246 1990-01-13 9 148 148 0 ON 6.6 0.8 18 0 179* 60* t 4000 Amta* Enfl 20# 147 I 116 117 10 ON 4.6 1.7 12.9 388 150 70H 4008 Fu|l Otto* 20# 117 ii ai* 304 304 306 40 0N 5.4 1.3 14.2 109-7 330 138 4001 OB Hldg. 1246 words
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Article253 1990-01-13 9 6000 ASK Computer 1800 2 400 1975 1900 6001 Adolph Coors 1975 3450 3560 4837Vi 3475 6003 Apple Computer 3612% Me 6005 Charming S 6007 Cipher Oat* 6010 Oetey Syatema 900 6011 Dresner Bank ***** 5000 5000 6012 Ericaeon Tel 5000 3*75 5fi0 2325 6013 Intel Corpn 3175 *00253 words
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Page 8 Advertisements
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Advertisement6 1990-01-13 8 Alpine Pleasures Hotel Equatorial. Td: *****316 words
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KLSE
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Article, Illustration3024 1990-01-13 9 MBT SHARE PRICES fluctuated under bouts of buying and selling to settle mixed to easier on the Kuala Lumpur stock market yesterday The uncertainty was probably due to conflicting leads from overseas The Tokyo market closed sharply lower yesterday. The Nikkei Average plunged 653.36 pointsMBT - 3,024 words
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Article300 1990-01-13 9 Manogan' prices Royal Trust Asset Mgt for Jon 13 IT S'pora G» fund 1 035 1095 IT Alia toe Gr fund 1 IS 12' Singapore Unit Trust ih# Coaiwci 131 138 OCBC-Asset Mflt TK# Sovingi Fv«d 1.12 I 18 Copitol fw«d J.J4 S'po'« Prog f\t*d 049 053 So*v»300 words
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Page 9 Advertisements
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Advertisement11 1990-01-13 9 A Sichuan Culinary Heritage at Golden Phoenix Jf -JfigW x,i Jy11 words
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REGIONAL MARKETS
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Article, Illustration562 1990-01-13 10 Foreign and local groups among bidders Reuter BUYERS are lining up for Bond Corp Holdings Ltd's Australian breweries even as the fight drags on in court to keep them away from creditors. So far Canadian brewer John Labatt Ltd and New Zealand group LionReuter - 562 words
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Article, Illustration468 1990-01-13 10 AP HONDA MOTOR Co expects to sell a record 1.91 million cars this year, up from 1.8 million in 1989, although exports from Japan will decline, Honda President Tadashi Kume said on Thursday. The increase will result from expansionAP - 468 words
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375 1990-01-13 10 Reuter JAPANESE OVERSEAS mergers and acquisitions (M&A) activity is likely to rise in 1990, breaking records set last year, M&A specialists say. "Japanese overseas investment will continue to be significant 1989 was no aberration," said Richard Kelly, managing director and M&A head atReuter - 375 words
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Article, Illustration1212 1990-01-13 10 Hongkong HONGKONG share prices closed lower In thin trading yesterday with most traders keeping away from the market ahead of the weekend. The Hang Seng Index dropped 19.58 to 2.835.94 and the Hongkong Index lost 12.79 to 1.861.37. Turnover shrank further to HK5577.99 million from1,212 words
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Article, Illustration630 1990-01-13 10 Tokyo Reuter INVESTOR nervousness in a climate of ever-sagging bond prices, a weakened yen and political uncertainties drove share prices sharply down at the close yesterday. The key 225-share Nikkei plunged 653 36 points or 1.71 per cent to 37,516.77 after surging 473.62 on Thursday. The dropReuter - 630 words
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Article, Illustration579 1990-01-13 10 Sydney A SPURT of late buying carried the Australian share market to a sharply higher cloee yesterday after a day of solid demand from local and overseas investors. Brokers said the AM Ordinaries Index finished 15.9 points higher at 1,711.5. The Index haa gained 0.7579 words
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Article485 1990-01-13 10 Reuter THE TAIWAN stock index continued its rapid ascent to finish sharply higher for the third consecutive day yesterday, dealers said. The weighted index jumped 453.50 points, or 4.4 per cent, to end at 10,588.56, while turnover rose to NT5153.2 billion from NT5126.07 billion. Every sectorReuter - 485 words
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Article289 1990-01-13 10 Reuter SEOUL stocks fell for the third straight session yesterday despite institutional buying in the afternoon, brokers said. The composite index closed at 903.11, down 0.16 point after loaing more than 17 points in the previous two days. Turnover was 250.7 billion won compared with 274.6 billionReuter - 289 words
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Article259 1990-01-13 10 Reuter THAI stocks rebounded in late trading yesterday after Thursday's heavy losses as buyers snapped up weak stocks, brokers said. The SET Index rose 8.59 points to finish at 897.31 with gainers leading losers by 97 to 42. Real estate firm Land and House topped the stocksReuter - 259 words
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Article174 1990-01-13 10 Reuter PHILIPPINE stocks continued to slide yeeterday because of coup rumours and fears by businessmen that the economy would not grow as fast in 1990 compared to last year, brokers said. The Manila Stock Exchange composite index fell to 1,099.50, down 8.28 from Thursday's 1,107.78. "Stocks wereReuter - 174 words
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Article88 1990-01-13 10 Reuter PRICES on the Jakarta Stock Exchange ended mixed, bringing the index 4.46 points up to 460.53, and turnover slumped to 1.92 million shares from 2.46 million on Thursday, the exchange said. Brokers said tough haggling on Friday's halfday trading brought only little price movements. Cement producerReuter - 88 words
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Article122 1990-01-13 10 THE New Zealand share market finished the week in quiet and directionless trading yesterday. Brokers expect the Barclays Index to remain fairly close to 2.000 points. Both price movements and turnover were minimal. as the market completed what turned out to be a week of easier122 words
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Page 10 Advertisements
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Advertisement205 1990-01-13 10 NOTICE PITMAN PTE LTD (In Voluntary Liquidation) LIQUIDATOR'S OFFICE: 11 Collyer Quay #12-01 The Arcade Singapore 0104 NOTICE OF FINAL MEETING NOTICE IS HEREBY GIVEN that pursuant to Section 308 of the Companies Act, Cap.so, the Final Meeting of the Company will be held at The Liquidator's Office, 11 Collyer205 words
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Advertisement11 1990-01-13 10 Catch up on the latest in technology in BT every Tuesday11 words
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WORLD MARKETS
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Article, Illustration539 1990-01-13 11 Reuter BRITAIN'S securities industry is mov- I ing ahead with plans for electronic I clearing and settlement systems in j line with international recommenda- < tions in 1989 from the Group of 30, a i panel of financial leaders. i At a pressReuter - 539 words
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Article, Illustration583 1990-01-13 11 Company expects slower growth this year FT IMPERIAL CHEMICAL Industries, one of Britain's biggest manufacturing companies, has disclosed that it had told its operating subsidiaries worldwide to tighten their belts in preparation for slower growth in 1990. Sir Oenys Henderson, ICI chairman, revealedFT - 583 words
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589 1990-01-13 11 NYT STEPHEN M WOLF, the chairman and chief executive of the UAL Corp. has warned employees that a recapitalisation of the company, which owns United Airlines, would "cripple United financially." He urged them and their unions to begin to putNYT - 589 words
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Article, Illustration800 1990-01-13 11 New York Reuter MILD bargain-hunting in selected groups, including gold miners, technology and telephone stocks, helped US blue chips close with a modest gain on Thursday. However, apprehension over yesterday's December producer price and retail sales reports kept a lid on the advance. Investors alsoReuter - 800 words
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Article1803 1990-01-13 11 Reuter BRUSSELS:BeIgian shares started off with more losses than gains in dull trading after a closing boom yesterday, dealers said. They said there were no particular factors to give the market direction after yesterday's buying spree by domestic pension funds and London-based investors. Societe Generale de BelgiqueReuter - 1,803 words
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Article, Illustration895 1990-01-13 11 London Reuter LONDON shares were marked sharply lower yesterday morning with modest profit-taking appearing as the long three-week account draws to a close. Thursday s 10-point gain on Wall Street was considered unconvincing by most dealers, and Tokyo's 653-point, or 1.7 per cent, slump the eighthReuter - 895 words
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Page 11 Advertisements
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Advertisement10 1990-01-13 11 I Managers must manage. BT shows you how every Monday.10 words
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550 1990-01-13 12 ANNA TEO - By ANNA TEO THE SALARY STRUCTURES for civil servants in the executive, clerical, technical and paramedical and related services have been revised in the overall exercise to attract and retain staff in the public sector. Faster promotions, improved salary scales, higher starting550 words
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Article, Illustration404 1990-01-13 12 Foo Choy Peng - By Foo Choy Peng WHEN British Foreign Secretary Douglas Hurd steps foot in Hongkong today, he is likely to meet a less hostile reception than that accorded to his predecessor, Sir Geoffrey Howe, last July. Not that Mr Hurd has404 words
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520 1990-01-13 12 FOO CHOY PENG - PM LEE'S INTERVIEW WITH HONGKONG DAILY By FOO CHOY PENG DEMOCRACY is not a prerequisite for China's success in economic reforms, Prime Minister Lee Kuan Yew said in an interview published in Hongkong yesterday. Mr Lee, in the interview with the Chinese daily520 words
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344 1990-01-13 12 Reuter. AFP CHINA and the Soviet Union have agreed that the UN should play a major role in a Cambodian peace settlement, to be discussed at the Security Council next week, Deputy Soviet Foreign Minister Igor Rogachev saidReuter.; AFP - 344 words
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122 1990-01-13 12 Bernama A TWO-DAY MEETING of senior Asean officials is scheduled in Jakarta for Feb 13 and 14 to discuss the Cambodian problem, according to a Thai press report released yesterday. An informed source was quoted as saying that Asean economic and foreign ministers willBernama - 122 words
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234 1990-01-13 12 Reuter JAPANESE Prime Minister Toshiki Kaifu has brought a pledge to London that Japan will continue to bolster Hongkong's sagging self-confidence by keeping an economic presence there. During a three-hour meeting yesterday. British Prime Minister Margaret Thatcher and Mr Kaifu were also expected toReuter - 234 words
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353 1990-01-13 12 AFP THE ASSOCIATION of Tin Producing Countries (ATPC) and non-members Brazil and China said in Kuala Lumpur yesterday that they would lower tin exports and take stringent measures to curb smuggling. The ATPC said in a statement at the end of a four-day meetingAFP - 353 words
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268 1990-01-13 12 Reuter JAPAN'S three top aerospace firms may take part in developing the Boeing Co s proposed 300-seat passenger plane, company spokesmen said. The three are Kawasaki Heavy Industries Ltd. Mitsubishi Heavy Induatries Ltd and Fuji Heavy Induatries Ltd. But a final decisionReuter - 268 words
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85 1990-01-13 12 Reuter AMERICA must become more competitive and keep up pressure to gain access to Japanese markets, President Bush said in an interview with Business Week magazine. "We've got to keep hammering away for better market access,'' Mr Bush said. He saidReuter - 85 words
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350 1990-01-13 12 Reuter, AFP THE SOVIET Parliament will soon consider a law setting out terms for any of the country's 15 republics to break away, President Mikhail Gorbachev said on Thursday. Visiting a factory in the Baltic republic of Lithuania, whose local Communist Party has votedReuter,; AFP - 350 words
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223 1990-01-13 12 Reuter THE SOVIET UNION is willing to hold talks with Japan to ease military tension in the Asian and Pacific region, Soviet diplomatic sources in Tokyo said yesterday. The dialogue could be with Japan alone or with otherReuter - 223 words
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LATE FILE
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41 1990-01-13 12 AFP TEXAN oilman and corporate raider T Boone Pickens, the biggest shareholder in Japan's Koito Manufacturing Co, said he had filed a suit against the company for alleged illegal ties with Toyota Motor Co. AFPAFP - 41 words
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Article37 1990-01-13 12 Asahi CHINA has asked a consortium of 67 Japanese banks to make good on a US$2 billion standby loan offered in 1965. The loan has interest rates higher than conventional rates. AsahiAsahi - 37 words
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Article39 1990-01-13 12 AP JAPAN, though welcoming the end of martial law in Beijing, wants to see further efforts by China before it revives an economic aid programme, a Foreign Ministry official said in Tokyo. APAP - 39 words
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Article38 1990-01-13 12 AFP A NEWLY-FORMED political and human right* group is aspiring to bacoma Hongkong's first political party later this year. Leong Che-hung, chairman of the Hongkong Democratic Foundation's preparatory committee, said yesterday. AFPAFP - 38 words
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Article40 1990-01-13 12 AP INDIA'S new government said yesterday that its predecessor had no right to abeolve Union Carbide of criminal liability in the 1964 Bhopal gas disaster and that the multinational's US$47O million settlement was inadequate. APAP - 40 words
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Article65 1990-01-13 12 Reuter COMEX gold futuree yesterday rose on mixed buying after the dollar posted early losses in reaction to the higher-than-expec-ted 0.7 per cent increase in the US producer price index for December. February gold delivery added US$3.3O to U*****.90 an ounce. Silver futures rallied to highsReuter - 65 words
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Page 12 Advertisements
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Advertisement14 1990-01-13 12 Changes in E Europe have not affected trends in Pacific Rim: PM. PAGE 214 words
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Advertisement116 1990-01-13 12 Singaport '90 a BT special supplement Following a successful debut last year, Business Times second maritime supplement will be published on February 7,1990 the very day that the Singaport '90 conference and exhibition begins. The supplement will feature exclusive articles written by industry experts on the prospects for Singapore as116 words
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Executive Lifestyle
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Article, Illustration811 1990-01-13 13 SAMUEL EE - What's the formula behind making Bruno Magli one of the leading names in footwear? Is it the name, the design or the number of elves secretly sewing bits of leather together in their mission to keep the feet of the world well-heeled? SAMUEL EE speaks to the man811 words
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Article262 1990-01-13 13 NEW YEAR'S Day is over, but Zephyr still can't resist sharing this card that the BT editor received, which has been voted most succinct greeting card of the year: "Let us forget the nebulous yore of enervating diction. carried with enigmatic influence and nab the felicitous262 words
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Article, Illustration771 1990-01-13 13 CHARLES SAVAGE - MUSIC By CHARLES SAVAGE WRAY ARMSTRONG makes a different kind of music the kind of tune that Cs2o million makes. That's what keeps the Toronto Symphony Orchestra, of which he is custodian, going for one year. The 39-year-old Armstrong is the general manager771 words
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Article, Illustration218 1990-01-13 13 BRUNO MAQLI wm born in 1906 in the antique Lam* district of Bologna, an okl and historic city between Florence and Venice. He carried on his grandfather's shoemsking tradition when together with his brother and sister. he started supplying his handiwork to the218 words
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Commentary
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Article, Illustration1166 1990-01-13 14 BILVEER SINGH - BILVEER SINGH The writer is a lecturer in the department of political science of the National University of Singapore WHAT DOES one do with the Khmer Rouge? Imprison them? Exile them? Accept them? Pretend they do not exist? Assume they have reformed?1,166 words
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Article, Illustration1053 1990-01-13 14 The Economist IT WAS Eastern Europe that dominated the politics of the *****. In macroeconomics, the decade will be remembered for what it taught the world about exchange rates and monetary policy. During the *****, these apparently separate issues will start to mingle. As EasternThe Economist - 1,053 words
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Article, Illustration508 1990-01-13 14 Ranjit Gill - Letters to the Editor Ranjit Gill Dear Sir, THE PROPOSED car quota schame to prevent vehicle growth from exceeding manageable proportiona while novel is not new in the context of Singapore's planning history. Former Deputy Prime Minister Dr Goh Keng Swee mooted a rather similar508 words
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Article102 1990-01-13 14 Chan Foon Chee - Chan Foon Chee for Dtredor-Oeneral of Public Works Ministry of National Development Dear Sir, I REFER to the letter "Tangfin could do with a tunnel" (BT. Dec 2. 1969). The PWD has at present no proposals for Tanglin Road othfer than the improvement to the pedestrian102 words
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150 1990-01-13 14 Perry Tong Chee Woh - Perry Tong Chee Woh Dear Sir, FOR SHARES pledged to !a bank as collateral, it is now perhaps time to review the need to register them in the name of the bank's nominees. This is particularly so considering the improvement in communications links150 words
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Executive Lifestyle: Entertainment & Pursuits
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Article, Illustration358 1990-01-13 15 SYBIL HOLLOWAY - BRIDGE By SYBIL HOLLOWAY THE 1989 Precision Award for tfte Best Defence of the Year, one of various categories of Swards which the International iridge Press Association presents annually to outstanding players and journalists was won by Dung Duong of Switzerland, and the358 words
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177 1990-01-13 15 One-Day Contest Prize: $200 Sogo gift voucher Mdm Soong Wai Chee l/C No: *****54/1 Blk 166 Bedok South Avenue 3 #03-461. Singapore 1646 Three-Day Contest Prize: $300 Sogo gift voucher each Ms Tan Tang Nee l/C No: *****37/F Blk 34 Bedok South Avenue177 words
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SHORT TAKES
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Article135 1990-01-13 15 ASK YOURSELF. If you are not a priest or a social worker, why "would you want to work parttime for the Arts Festival organisers when all you will be paid is a stipend? •#1 If you like the idea of ferrying foreign artistes135 words
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Article77 1990-01-13 15 STUCK in Bangkok with plenty ot other places to go? For US$l99, pick any four destinations within Thailand and Thai International will fly you there. If you want to see even more places, it'll cost US$4O for each subsequent stopover. Its promotional package lasts until77 words
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Article66 1990-01-13 15 IF YOU've never heard of it, it's okay. Chances are, you're not the only one. Nevertheless. Cabaret, a magazine which reports on places to wine, dine and enjoy in Asia, has changed its name to Quest Printed bimonthly, its main audience are travellers and hotel guests throughout66 words
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Article132 1990-01-13 15 EVER WANTED to buy an auspicious registration number for your car but couldn't afford it? Well, don't worry; maybe your surname is a lucky one. To find out, hop along today to the Raffles City Shopping Centre and check out the Chinese Surname Analyst. According to132 words
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123 1990-01-13 15 ALSO INTO the Lunar New Year spirit is a group of Japanese from Osaka. To kick off the New Year, they will roll out the danjiri, or festival float. Actually a Chinese-style roofed-room-on-wheels, it is decorated with lanterns. twisted straw and tapestries. Made of123 words
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Article, Illustration1280 1990-01-13 15 A SURENDRAN - ENTREPRENEURS By A SURENDRAN MATHEW KOSHY built his fortune from the back of a welding shop in Paya Lebar. Nine years and $10,000 in back-pay ago. The man whom friends and employees call Matt now owns a $30-million a year business. Which will1,280 words
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Article, Illustration841 1990-01-13 16 N K Yong - By N K Yong THE 1960s were an exceptional decade for Bordeaux, and to a lesser extent, for Burgundy. The final vintage of the decade, 1969, is already being touted as a grand* millessime. Indeed, with all that hype, and the great speculative interest in841 words
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Article, Illustration982 1990-01-13 17 RICHARD SEAH - HEALTH By RICHARD SEAH LYNN ALEXANDER and Yeong Boon Yee are dieticians. They are also mothers. And they are familiar with Asian diets, for although Ms Alexander hails from Northern Ireland. she has lived in Singapore for the past seven years. Combine these982 words
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Article, Illustration258 1990-01-13 17 BT CHRISTMAS CROSSWORD THERE were a few red faces around the BT office the other day. and it wasn't from the six-litre bottle of champagne that was the first prize in our giant Christmas Crossword competition. Well, at least it was supposed258 words
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Article, Illustration858 1990-01-13 17 ROSNAH AMIR - Compiled by ROSNAH AMIR STAGE PERFORMANCES: sso Concert. Choo Hoey conducts the Singapore Symphony Orchestra in their 11th anniversary concert. The soloist is Raphael Wailfisch at the cello. Victoria Concert Hall, tonight. 8.15pm. Tickets at $4. $7. $10 and $15 are available at the Victoria Concert Hall box office.858 words
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Article, Illustration673 1990-01-13 19 JAIME LYE - CINEMA By JAIME LYE SHOWBUSINESS is tough. If you think it's tough for an actor, you have no idea what it's like for a performing flea with a history of motion-sickness. When my agent called and said I'd just won a part in Back673 words
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Article, Illustration598 1990-01-13 19 JAIME LYE - Ah a pretty, passionate view By JAIME LYE OH, FOR THE DAYS when love meant never having to ask: "Are you safe?", or "What, only a PhD?" Yea, the days when love led to marriage, horses and carriages, when sunny days meant tea in the countryside, when women wore underskirts598 words
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Article, Illustration552 1990-01-13 19 SAMUEL EE - By SAMUEL EE NEVER MIND if glaanoat just happens to be earth shattering news for some obscure Soviet republic harping for democracy. Whatever it's supposed to be, it's still one great way to make more moola for Hollywood. First, get a fairly credible cast. Next,552 words
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Article, Illustration1091 1990-01-13 19 VINCENT CANBY - By VINCENT CANBY NYT NOTHING that happened in the 1980s compares with the Videocassette Revolution, sometimes known as the VCR. a term also used to designate the appliance on which cassettes are played. The VCR is turning the business of movies upside down andNYT - 1,091 words
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Article, Illustration453 1990-01-13 24 ELVIS PRESLEY: Elvis' Qolden Records (RCA) The Top Tan Hits (RCA) If not for the irresponsible use of drugs, or the constant pressure to keep his title, Elvis Presley would still be rocking at age 55 (his birthday was on Jan 8). Of the453 words
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Executive Lifestyle: Pursuits
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Article, Illustration1011 1990-01-13 18 FOOD QUEK SWEE PENG lends her weight in support of set-price menus: a dever concept developed to a fine art and one which no snobbish, big spender f A can really turn d his nose up at. YOU'D BE SURPRISED to know how many people actually1,011 words
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Article, Illustration157 1990-01-13 18 RECIPES SOY SAUCE maker Kikkoman has sent us this interesting recipe which we wish to share with you. Ingredients 1% cups rice, 1% cups water 2 pieces imitation crabmeat (cut into small pieces) 4 lettuce leaves, 1 little black olive avocado (cut into small pieces) 1 teaspoon157 words
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Article, Illustration1311 1990-01-13 18 JAMES CHATTO dreams of the world's end, not with a wimper but a banger... Punch LAST NIGHT I dreamed I was a sausage on a disc of steel. Beyond a low encircling wall roared gouts of orange fire, and in the flamelight I couldPunch - 1,311 words
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Executive Lifestyle: Sports
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Article, Illustration574 1990-01-13 20 CHARLES SAVAGE - WARREN GOLF CLASSIC By CHARLES SAVAGE M MURUGIAH turned on the pressure yesterday and American Jay Nicols blundered on the back nine but his 73 was more than enough to win the Warren Golf Classic with six strokes to spare. Bill574 words
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261 1990-01-13 20 AFP PAT McGOWAN. a winless 13year veteran on the US PGA Tour, fired a 10-under-par in Tucson, Arizona on Thursday to take a three-shot lead after one round of the US$9OO,OOO Tucson Open. McGowan scored eight birdies and an eagle and made no mistakesAFP - 261 words
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Article237 1990-01-13 20 SNOOKER AFP M(ORLD SNOOKER champion Steve Davis coasted into the sfmi-finals of the Mercantile Credit Classic in Blackpool, England on Thursday with a comfortable 5-1 victory over fellow Englishman Brian Morgan. The rookie professional, beaten 5-2 by Davis at the same stage of the BCE InternationalAFP - 237 words
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Article167 1990-01-13 20 RALLY AP PHILIPPE WAMBERGUE of France continued to chip away at Ari Vatanen s lead in the ParisDakar Rally on Thursday by taking the 13th stage. But the Finnish driver still holds a lead of more than one hour. Wambergue took the 412-kilo-meter (257-mile) leg from GaoAP - 167 words
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579 1990-01-13 20 FOOTBALL AFP THE SAN Francisco 49ers, who already are a strong favourite for "Team of the Decade" and whose quarterback Joe Montana has been named "Player of the Decade," will meet their "Nemesis of the Decade" in San Franciso tomorrow forAFP - 579 words
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Article, Illustration424 1990-01-13 20 CHARLES SAVAGE - TATLER/Curlier YACHT RACE YACHTING bf CHARLES SAVAGE THE PREMIER yachting regatta of the year the Singapore Tatler/Les Must de Cartier Perpetual Challenge sets sail tomorrow with an impressive flotilla of 39 keel boats including eight Maxi77s. More than half the vessels will be more than424 words
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338 1990-01-13 20 BASKETBALL AP JEFF MALONE scored 22 of his season-high 39 points in the third quarter as the Washington Bullets snapped a 13-game road losing streak with a 100-09 victory over Miami on Thursday night, the Heat's 12th consecutive deteat. Malone reached the 10,000pointAP - 338 words
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171 1990-01-13 20 COMMONWEALTH GAMES AP SOME 800 FEWER athletes than originally expected are likely to compete in the Commonwealth Games, which begin in Auckland on January 24, officials said. About 3,100 athletes and officials are now expected to attend the Games. Five months ago, when estimatesAP - 171 words
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Article, Illustration438 1990-01-13 20 SKIING AP FRANCK PICCARD says he loves a downhill ski run that's fast, steep and technically difficult. The Planai course fits the bill. Piccard, 25, scored a surprise victory on Thursday in the World Cup downhill in Schladming, Austria, finishing inAP - 438 words
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Executive Jobs
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Article1013 1990-01-13 21 ANNA TEO - Business is booming for recruitment consultants. Why do big companies with established human resource departments, and a growing number of small firms too, tum to them to find the man they need? ANNA TEO reports. ANNA TEO A SUBSIDIARY of a Chicago company dealing in printing1,013 words
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429 1990-01-13 21 ANNA TEO - Coopers Lybrand tops the top-level recruiters -bf ANNA TEO SO IS Coopers Lybrand the biggest executive recruiter? Industry players, und figures from The Straits Times appointments/notices unit, suggest so. The management consulting firm itself, however, declined comment. Going by advertising volume measured in column-cm, a better indicator than the number429 words
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Article, Illustration241 1990-01-13 21 TWO top appointments have been made at the American Hospital. Dennis Brown has been named its chief executive officer. He is also the CEO of Mt Elizabeth Hospital. Thomas ELse is the hospital's administrator and chief operating officer. THE NEW managing director of Moutrie Pte Ltd, an241 words
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225 1990-01-13 21 THE SEARCH for the Baileys Executive of the Year 1990 has drawn 79 nominations. from which six finalists will be chosen for the night of reckoning next month. According to its organisers, Baileys, the closing date for nominations had to be225 words
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Article, Illustration653 1990-01-13 21 By SHOEB KAGDA AT 32. Jeff Litte was ready for a 1 bigger challanga. So, whan a po- 1 sition aurfacad in Singapore, ha I left behind his surf board in Bris- i bane for a high-rise office here. I The newly-appointed sssoci- i ste director653 words
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Executive Lifestyle: Investment and Finance
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1004 1990-01-13 22 ALVIN TAY - PERSONAL FINANCE By ALVIN TAY THE PUBLIC share offer by Kim Eng Holdings, which closes on Tueeday, has once again put the retail bankers alongside the private individuals. The investors are hoping to be allotted some of the 50 million shares on offer1,004 words
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Article, Illustration802 1990-01-13 22 COUNTRY FUNDS AP US STOCK MARKET investors, speculating on an upsurge in international trade, ars scrambling to buy shsres of "country funds" in nations as divsrse as West Germany, Chile and Thailand. As Wall Street closed the books on 1989, these funds clearly stamped themselves asAP - 802 words
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690 1990-01-13 22 EMERGING MARKETS FT EXPECTATIONS are growing that the world's so-called emerging stock markets will take an increasing share of investor funds over the next decade. The reasoning behind this was outlined recently by Mr David Gill, trustee of Batterymarch Financial Management, theFT - 690 words
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725 1990-01-13 22 WALL STREET NYT TO SOME. 1984 may forever be linked to George Orwell and Big Brother, or to then US President Ronald Reagan's landslide reelection. but on Wall Street it is remembered for the only slow and sustained decline in stock prices of theNYT - 725 words
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Article, Illustration101 1990-01-13 23 GOOLA WARDEN - WW By GOOLA WARDEN A BREAKOUT of 1,440 on the Straits Times Industrials Index In December (see x, chart 1) provided a new upside of 1,665 with a new danger point of 1,280. The market's uptrend, T, was challenged In October, but remains Intact In this event,101 words
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443 1990-01-13 23 ANDREA BORCH - MARKET TALK By ANDREA BORCH INVESTORS may be missing out on opportunities if they overtook the many stocks that have lagged the local market's performance. "We are not here to talk about fly-by-night operators." said Charles Chow in a feature commentary for J Bellas443 words
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Don't quote me...
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Article, Illustration104 1990-01-13 23 IN MILLIONAIRE HOTELIER and fugitive Khoo Teck Puat's family, power at least physical power appears to be wielded by women. An enterprising press photographer had a taste of this woman-power yesterday when he was accosted by a female member of Khoo's family while trying to104 words
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Article150 1990-01-13 23 THE AUTHORITIES seem to have gone quota-crazy. First there was the textile quota, introduced in late 1987 to regulate exports to places including the United States and Europe. Then came the quota for chlorofluorocarbons (CFCs). And now the Parliamentary Select Committee on Land Transportation Policy150 words
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Article185 1990-01-13 23 IT IS TOUGH to be a small retailer along Orchard Road. One recently told BT this story: His landlord told him that if he wanted to renew his lease, he would have to pay the prevailing market rate of $538 per sq m a month ($5O185 words
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178 1990-01-13 23 SHARE FINANCING DBS BANK is extending its share financing facilities to corporations from Monday. Jan 15. Prompted by rising demand from corporations interested in such facilities, the new scheme will be available to private exempt, private limited and public limited companies. Share margin trading178 words
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305 1990-01-13 23 LIM MUI KHI - SEMINARS By LIM MUI KHI CHART FORMATIONS are really people patterns, created by whoever is selling and buying, says stock guru David Fuller. Thus, chart patterns are most likely to have predictive value when the analyst s conclusions are soundly based in305 words
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Article, Illustration973 1990-01-13 23 LORETTA McLAUGHLAN - mm By LORETTA McLAUGHLAN IS THERE anyone out there who doesn't know about Kim Eng Holdings coming to the market? With banks ottering cheap finance and punters falling over each other to grab even a few of the973 words
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Article, Illustration359 1990-01-13 23 C DOW - MONEY TRENDS By C DOW Mr Dow is an investment manager with a major local putf licly listed company. IN THIS COLUMN two weeks ago. the use ot the stochastic oscillator was mentioned in relation to picking the Nikkei Index's top. The oscillator compares the359 words
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Page 13 Advertisements
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Advertisement144 1990-01-13 13 NEED A raJL HOUSING LOAN? g/Qfl Call USA from any phone, any day, anytime at —222 5544 or 222 8844 HONfiLEOND SINGAPORE j FINANCE LIMITED FINANCE LIMITED! 4»/bm mMmy. "WE DID IT, FIRST TIME ROUND. AFTER ALL THOSE YEARS WE SPENT TOGETHER AT SCHOOL, I KNEW WE'D MAKE AN UNBEATABLE144 words
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Page 14 Advertisements
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Advertisement92 1990-01-13 14 WP\ It could be a controversial deal between two stock market stars, a thought-provoking report by university researchers on the latest trans-European FOCUS zooms in on the news and ■<- 57 issues of the day and looks at them in more depth and breadth. FOCUS is the news feature section92 words
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Advertisement53 1990-01-13 14 WWPymTI A MONTHLY MAGAZINE OF BUSINESS TRENDS Privatisation takaa shape Local watchmaker, move upmarket •Ad chief calle lor greater recognition of Insurance agente lay groundwork for J? local talent eelf-regulatlon How CEOs are coping after their Seadaq anyone? ™listing# Investment Spotlight on Slme Darby (Bhd) e Those vital back office53 words
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Page 15 Miscellaneous
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Miscellaneous1228 1990-01-13 15 ra ti iprNA Y BBC Highlights Radio 5 Highlights OA I\J IX \Jr\ I Saturday, Jan 13th, 9.30 am Saturday, Jan 13th, 7.15pm Just William All the News BBC Science Magazine DDf Starting a newspaper seems a good idea Featuring "Experimental Evidence for ParSS—l for a wet day, but when1,228 words
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Page 16 Advertisements
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Advertisement846 1990-01-13 16 Where to entertain... Where to entertain... Iffcn? to entertain... Where to ooi roee* fl TOO LATE FOR BREAKFAST? II TOO EARLY FOR LUNCH? I CAUFORNIAN BUFFET BRUNCH delightful hot and cold chshes a jazz II BAND TO PUT YOU IN A MERRY MORNING II MOOO EVEN A LEGO PLAYGROUND NEXT846 words
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Advertisement223 1990-01-13 16 1 I j Enjoy a sumptuous bufjt t I I Guangdong fuwunn fl I Our Master Chef Mr. Wong Chi Kwan from J I Hong Kong has specially prepared over 30 j I I varieties of Dian Xin to titillate your tastebuds. j H These gastronomic debghts are steamed only223 words
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Page 17 Advertisements
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Advertisement160 1990-01-13 17 entertain,,., j I Every Sunday I I There's A I I Family Feast I I In The Park. I I At the Hubertus Grill, Sunday brunch u< a great H I outing for the family. A glorious buffet spread is laid H I out for both grown tips and children.160 words
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Advertisement203 1990-01-13 17 Traditional Refined Sushi AOYAMA O-ZUSHI OBr Enjoy traditional refined Sushi in the cosy ambience of a wood-panelled Japanese Inn. Our chef s recommendations from the day's selection should not be missed! wt I M 5 Have lock Road, Singapore 0316. IMNI I SINI .All Wl Tel: 733 0011 JI y203 words
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Page 17 Miscellaneous
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Miscellaneous779 1990-01-13 17 mm LJ Wt B|ff i I I I __L_X__ \}l I I i 1 'lli 111 j_| L| M I||j|H[ L U m Lmmm L^H H H HPTB H I 15" J 138 1M M Mg MM 35" I I mm*3 l 1 I m CRYPTIC PUZZLE 7 Intent on779 words
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Page 21 Advertisements
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Advertisement106 1990-01-13 21 DHL IN THE NEWS Advertisement 4Ua As the leading air express meeting ine distribution company, DHL sets the II pace in providing customised solutions CM9II6nGOS OT t0 the distribution requirements of customers. DHL delivers documents 4Ua 4 oonc and packages of all shapes, sizes and II "V IwwwO weights ranging106 words
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Advertisement367 1990-01-13 21 O wmnrr Moving You Ahead Singapore MRT Ltd, a Company incorporated on 6 August 1987 to manage, operate and maintain our MRT System invites you to start a career with us on the right track as MAINTENANCE MANAGER The incumbent will report directly to the General Manager (Operations) and be367 words
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Advertisement70 1990-01-13 21 SECRETARY j for senior partner of law firm at Raffles I Place (Singapore) I good command of English shorthand a must I age no problem I legal experience not necessary familiarity with PC or WP salary commensurate with experience I fringe benefits include quarterly bonus (in 1989 bonus was 470 words
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Page 21 Miscellaneous
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Miscellaneous19 1990-01-13 21 L-LJ. U JflSßffii (v<*\ not SLV old &ut>ocN»jy teL DOGJ COG? BCT** y- FCJCL. pgeAPPUU-y «N TVC, >1 t19 words
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Page 22 Advertisements
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Advertisement157 1990-01-13 22 INVESTING IN SHARES? CALL mmmm 4 ASK FOR CREDIT PLUS When opportunity knocks you'll want to be It's so easy and convenient to apply for CREDIT ready. Here's where Hong Leong Finance PLUS. Drop by any of our 28 conveniently located and Singapore Finance can help. offices or call LISA,157 words
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Page 24 Advertisements
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Advertisement24 1990-01-13 24 J...* ■-<• J v»C '%i J JUSL k\4t f, 4*. J? f -r^i£-'i&f l .;v i. l •'i'• ••-v' y- r ".\>' st «*fv 1 <!!>" DAHNIMAC24 words
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Page 24 Miscellaneous
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Miscellaneous632 1990-01-13 24 mm Trading Places, Today. 10.30pm, SBC 5 In probably one of his best roles. Eddie Murphy plays a scruffy low-life hustler who becomes the pawn in a ridiculous wsger. He trades places and positions with a wealthy financial wizard (Dan Aykroyd) when the latter's employers decide to bet on the632 words
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Miscellaneous1047 1990-01-13 24 CA T| ID HA Y Chinese; T: Tamil; 1.00 OM I vj IN VJ f I r rapMt 8.30 Th# Ptrttd IWclt (C, JW I Th#NHrHM*w SBC 12 3.55 Music Pleyback (C). Ssrord end Dragon Journey to Sebre (C). Ep 11-18 InocM (C. Oil Oil 12.05 AM Ctoaa. Programme Highlights1,047 words
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Miscellaneous231 1990-01-13 24 Dealing With Dogs, Today, 6.40pm, SBC 5 The first episode of an excellent alternative to all your weekend pilgrimagee to obedience school. Dog trainer Judy Ann Emmert introduces some tips to help make Rover's period of captivity with you more pleasant. Tonight, find out how to teach your dog to231 words
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