The Business Times, 22 August 1990
1990-08-22
1
28
https://www.nlb.gov.sg
https://eresources.nlb.gov.sg/newspapers/browse/biztimes
The Business Times
-
Title Section10 1990-08-22 1 Business Times MCI (P) 170/12/89 Wednesday August 22 1990 75*10 words
-
NEWS SUMMARY
-
59 1990-08-22 1 A TAIWANESE Air Force plane carrying three generals crashed and exploded in a sugar cane field in heavy rain yesterday, killing all 18 people on board. The Taiwanese Defence Ministry said the transport craft was carrying three onestar generals and their aides59 words
-
Article24 1990-08-22 1 IN A RADICAL proposal, the local travel agent body is suggesting that Singapore hotels be zoned and priced accordingly Page 224 words
-
Article35 1990-08-22 1 UNIONISTS have been told to mentally prepare themselves for a recession, but have also been reassured that their leaders will not allow businessmen to profiteer from the current Gulf crisis. Page 235 words
-
Article33 1990-08-22 1 MALAYSIA, which ranks fifth among developing countries, can take on Asia's four newlyindustrialised countries if Malaysians are more receptive to the government's development programmes, says its Prime Minister. Page 833 words
-
Article43 1990-08-22 1 A HIGH-PROFILE member of Japan's ruling party has arrived in Vietnam on a visit aimed at boosting ties with Hanoi and viewed with great interest at home by businesses keen to break into the country's vast market Page 843 words
-
Article47 1990-08-22 1 THE GROWING EASE with which it is possible to design and build supercomputers is making it increasingly difficult for the US and Japan to keep the powerful machines from proliferating. Page 10 IT'S NOT ALL DOOM AND GLOOM 13 U.S. INVESTMENTS ON THE RISE 1347 words
-
Article31 1990-08-22 1 FAMILIAR French names and works by directors who have had successes in previous programmes will be an important part of the 28th New York Film Festival Page 1731 words
-
Article36 1990-08-22 1 LUFTHANSA GERMAN Airlines will soon be operating scheduled flights between Singapore and Berlin as part of a plan to link the German city to key destinations in the world. Shipping Times Page 136 words
-
-
MARKETS SUMMARY
-
72 1990-08-22 1 US STOCK PRICES fell sharply in early, heavy trading yesterday after a poor showing for US shares overseas amid continued concern about the Middle East. The Dow Jones average of 30 industrials fell 59.66 points to 2,596.78 in the first hour of trading. In the72 words
-
Article43 1990-08-22 1 A STEEP slide on Wall Street pushed UK shares down sharply in late trading, with the FTSE index down almost 50 points at one stage. By 1418 GMT, the FTSE index was 45.7 points, or 2.12 per cent, lower at 2,110.9.43 words
-
Article33 1990-08-22 1 DIVERSIFIED food group QAF Ltd has tied up with garment group Wing Tai Holdings to set up the Stockmart chain of casual clothing stores in Brunei Pate 333 words
-
Article30 1990-08-22 1 COMMERCIAL banks in Malaysia have reported pre-tax profits totalling Ms9lo million for 1989, an increase of about 41 per cent over the 1988 level Page 730 words
-
Article, Illustration28 1990-08-22 1 Teesdey Chance BT-MGA 651.07 -15.29 Kuaia Lumpur ....544.64 -7.83 Hongkong —3,040 -12.84 Tokyo -192.63 Sydney 1,551.7 +114 Monday Change New York 2,656.44 +11.64 London 2,156.6 -20.328 words
-
Article21 1990-08-22 1 Exchange rates US$ SS 1.7910 Yen 51.2229 ms riiet rates 30 6641 Overnight 6 5/8 +1/8 3-montn 6 13/16% unch21 words
-
Article35 1990-08-22 1 LmnJom Gild PM fix US$413.80 US$6.05 Store Sep.... 162.00*/kg +1.00 Nrsia Sep M240.50*/kg +2.50 KL Tin Turnover 52 tonnes -27 Spot M$15.9(Vkg -0.il Crade pain d Turnover 1,298 lots +898 Sept M$682 /tonne +735 words
-
-
531 1990-08-22 1 John Tan - By John Tan JAPAN Airlines, which has been scouting around for a local hotel for some time, has decided to build a five-star hotel in the Orchard Road area. Vice-president and regional manager for Singapore T Kato told BT that the carrier531 words
-
Article, Illustration333 1990-08-22 1 The Gulf Crisis Iraq moving Scud missiles to the frontline Agencies THE THREAT of the Gulf crisis erupting into chemical war loomed larger yesterday with Iraq reportedly moving modified Scud missiles to the frontline against US troops in Saudi Arabia. The publisher of theAgencies - 333 words
-
Article209 1990-08-22 1 SHARE prices fell sharply across Europe yesterday as traders and analysts were unsettled by rumours and unnerved by talk of military conflict in the Gulf. In London, the FT-SE 100-share index was down 29.5, or 1.4 per cent, at 2,127.1 at 1215 GMT. And209 words
-
357 1990-08-22 1 Shoeb Kagda - By Shoeb Kagda WHILE stockbrokers are concerned about shrinking volume on the exchange following Iraq's invasion of Kuwait, Simex members are enjoying brisk business because of the volatility the invasion has created. Turnover on the Singapore International Monetary Exchange so far this357 words
-
446 1990-08-22 1 Conrad Raj - By Conrad Raj HONGKONG'S publiclylisted company Cheung Kong (Holdings), in partnership with the Canadian Imperial Bank of Commerce (CIBC), is planning to open a merchant bank in Singapore, says a spokesman of their joint representative office here, CEF Capital Ltd. Although CIBC already446 words
-
140 1990-08-22 1 AP EAST GERMANY'S drone political factioas pat aside thek bitter find yesterday and agreed to aaite their straggtiag aattoa with West Germaay oa Oct 14. The accord, aaaoaared by Priatt Miaister Lothar de Nlaiziere, even drew agreeaieat from both the fonaer i ali 1AP - 140 words
-
Page 1 Advertisements
-
Advertisement212 1990-08-22 1 "i> I BRUNO MAGLI M\ Centrepoint #01-30 Tel: 737 4509 J Forum Calleria #01-46 712 8961 _mr^\ Anraft Schedule 27 Money Market 25 World Stock Markets 24 r* v 1 *i- O IOfmVVXItMS ZD KegKXldl N6WS 0 Cryptic Crossword 27 Regional Stock Markets 23 Edtorial 12 S£S 18. 19 For212 words
-
Advertisement137 1990-08-22 1 More reports on Pages 11 and 12 How to benefit through someone else's good offices. Talk to the JLW Office lbani. Yes, call us on 220-3888 Your request for assistand ask for the Office Team. tance will be met with There's Angela, Siow Ying, personal attention,diligence George, Lai Fong, and137 words
-
Advertisement29 1990-08-22 1 A A We are now open at^J #01 -09 Chinatown Point 133 New Bridge Road Tel: 534 0207/08 a M k f East Berlia priratisatioa offidal quits, Pg 1029 words
-
-
HOME NEWS
-
NEWS ROUNDUP
-
Article21 1990-08-22 2 THE Clerk of Parliament has announced that Parliament will sit on Thursday, Aug 30, at 12.30pm.21 words
-
Article74 1990-08-22 2 A DELEGATION of Singapore companies will leave for a five-day visit to Taiwan next week to promote bilateral trade and investment. The mission is jointly organised by the Singapore Manufacturers' Association, Trade Development Board and Far East Trade Service. Among the highlights of the mission is74 words
-
Article83 1990-08-22 2 THE Medical Council has found Dr Koh Kim Chan of Gilford Dispensary guilty of infamous conduct in a professional respect on four charges. The charges relate to the over-prescription of a drug (Ermin 5), a sedative with hypnotic properties. In one case, Dr Koh was charged83 words
-
Article82 1990-08-22 2 THE National Productivity Board is launching its first forum for entrepreneurial productivity on Friday, at which a number of Japanese experts will be sharing their views. Among the highlights of the forum is a keynote address by Professor Hqjftne Karatsu of Tokai University, who will discuss how Japanese82 words
-
Article78 1990-08-22 2 THE' Dynasty Singapore will be the first hotel in South-east Asia to become an associate member of international hotel group Groupe Des Hotels Concorde. Dynasty general manager Richard Oon said that the association with Concorde group would benefit the hotel in terms of sales and reservations. The group,78 words
-
Article46 1990-08-22 2 THE 22ND international book festival will be held early next month, from Sep 1 to 9, at the World Trade Centre. It will be officially opened on Aug 31 by Dr Seet Ai Mee, the Minister of S{ate for Education and Community Development.46 words
-
Article57 1990-08-22 2 THE Public Works Department has awarded a $1.5 million coqbact to Chuan Kim Construction Pte Ltd to widen Grange R(mo and Orchard Link, and to construct a new link between thdie roads and Somerset Road. This corrects a BT report vee&orday that the PWD was awarded the57 words
-
-
390 1990-08-22 2 John Tan - By John Tan IN A radical proposal, the leader of the local travel agents' body has suggested that Singapore hotels should be zoned, priced and marketed accordingly. The proposal, however, seems destined for a clash with hoteliers who have rejected it as "unworkable". PR390 words
-
Article98 1990-08-22 2 IMPORT controls in Europe and a more rigorous inspection programme in the US could pose a challenge to Asian seafood producers and exporters, notes Dr Lee Boon Yang, Senior Minister of State for National Development and Home Affairs. Opening Seafood Asia '90 yesterday, Dr Lee said98 words
-
291 1990-08-22 2 CAR QUOTA premiums for all vehicle categories, except the open category, have increased substantially. According to the results of the third tender for vehicle entitlements released by the Registry of Vehicles (ROV) yesterday, the highest increase of $3,876 came from Category 2 for 1,001291 words
-
307 1990-08-22 2 UNIONISTS have been asked to prepare themselves mentally for the possibility of a recession, but are assured that their leaders would not allow any company to profiteer from the current Gulf crisis by driving up prices "unjustifiably". That message by National Trades Union Congress307 words
-
Article, Illustration128 1990-08-22 2 A MADE-IN-SINGAPORE catamaran will be among five Australian-designed boats that can be taken out for "test drives" by visitors to the Australian Boat and Equipment promotion tomorrow. The Mantacat (above) is made by Mantacat Singa- pore, part of the Siong Huat Group. At128 words
-
-
Page 2 Advertisements
-
Advertisement155 1990-08-22 2 Canon f c jr% M 9__ f Small, smart and means big business at only $71 1 1 C the technology the boys only $71 a The Canon FAX-250 performer Handle spreadsheets Hold incoming messages in memory, even when you run out paper •"V Transmit an A 4 size document155 words
-
-
SINGAPORE – MALAYSIA COMPANY NEWS
-
495 1990-08-22 3 Lee Han Shih - By Lee Han Shih RIDING on the building boom, cash-strapped Tuan Sing Holdings and its subsidiary SPP Ltd have turned in two sets of much-improved interim results. Announcements by the companies, controlled by Indonesian businessman T K Lim, said they expect results495 words
-
Article, Illustration396 1990-08-22 3 William Chia - By William Chia DIVERSIFIED food group QAF Ltd has tied up with garment group Wing Tai Holdings to set up the Stockmart chain of casual clothing stores in Brunei. The first Stockmart store in Brunei was opened in April this year and a396 words
-
431 1990-08-22 3 MALAYSIA'S cash-rich state investment house, National Equity Corp (PNB), is set to expand and diversify its already lucrative investment portfolio as the effort to boost Malay corporate wealth shifts into high gear. PNB manages the National Unit Trust Scheme (ASN), which with 2.4431 words
-
220 1990-08-22 3 Bernama PALMCO HOLDINGS Bhd says its wholly-owned Hongkong subsidiary, Palmco International (HK) Ltd, has entered into two agreements to sell its entire stake in two Thai companies to Sinru International Ltd of Hongkong. The sale of the shares in Thaimex Industries CoBernama - 220 words
-
632 1990-08-22 3 MARKET TALK Reuter CUSHIONED BY sound economic fundamentals, Malaysia's stock market is expected to rebound before the year-end once the initial bearish impact of the Gulf crisis wears off, stock analysts in Kuala Lumpur say. Barring an actual outbreak of war in the Gulf, theyReuter - 632 words
-
Article, Illustration194 1990-08-22 3 CITY DEVELOPMENTS Lid's maaagiag director, Mr Kvrek Leng Beng, k expected to take ow as chainaaa from his father aad Hoag Leong group foamier Kwek Hoag Pag who has stepped down after beiag convicted of a charge under the Companies Act The eider Kwek194 words
-
COMPANY BRIEFS
-
75 1990-08-22 3 SINGATRONICS Ltd has been granted a post-pioneer oesti& cate by the Government. During the tax relief period, the tax rate to be levied on income derived from the company's qualifying activities will be 15 per cent The status, took effect from June 1 last year, is75 words
-
Article94 1990-08-22 3 THE Stock Exchange of Singapore has asked Material Han? dling Engineering Ltd to comment on a BT article of Aiig" 18-19 in which the company said it expects to achieve 20 to 30 per cent growth. In another development, MHE yestJ day gave further details94 words
-
Article87 1990-08-22 3 L&M GROUP Investments Ltd announced yesterday that the selling price of land belonging to its 20 per cent joint?* venture company, Prima Tech-Park Pte Ltd, was arrived w after negotiations between the parties on a willing er-willing seller basis. The land was sold to City Developments87 words
-
Article34 1990-08-22 3 SHAREHOLDERS of Haw Par Brothers International aa4r C subsidiary Tiger Balm have approved their respective cxm6-*> panies* executives share option scheme at extraordinary;*, general meetings held on Aug IS. N.34 words
-
Article57 1990-08-22 3 Malaysian General Investment Corporation Bhd has ed a 15.3 per cent rise in group pre-tax profit to Ms3#' w million for the half-year ended June 30, 1990, with M 53.12 million in the same period last year. Group turnover increased S per cent to M 55.4957 words
-
Article50 1990-08-22 3 THE HEARING of an application by 20 minority shafts holders of Pan Global Equities to stop the company's directors from implementing a resolution to enter intp r transactions to buy several properties was postponed to 17 by the High Court in Kuala Lumpur on Monday. ..> M50 words
-
-
-
Page 3 Advertisements
-
Advertisement153 1990-08-22 3 HDowager would have longed for I i Longevity recipes and new cuisine that have been aspired since. Tlngll Hall, located on Longevity Hill in the Summer Palace was where the Empress Dowager used to 4 Since 1949, Tlngll Hall Restaurant opened its doors and its famous royal specialities to appreciative153 words
-
-
REGIONAL COMPANY NEWS
-
COMPANY BRIEFS
-
118 1990-08-22 4 PETROLEUM Investment Co Ltd (Japic), a Tokyob£ed oil investment company, is raising US$2.BO billion in paject finance from a group of Japanese banks for a new oil for Indonesian state oil company Pertamina, said Jgfic partner Mitsui and Co Ltd. Japic is owned 31 per118 words
-
Article110 1990-08-22 4 FUJITSU TEN, a Japanese maker of car audio equipment, if-toushing through with plans to set up a 104.2 million S, (U554.25 million) plant in the Philippines, Trade tartment officials said on Monday. Fujitsu Ten was ier reported to have cancelled the project because of ptftical unrest110 words
-
Article84 1990-08-22 4 JAPANESE trading firm Mitsubishi Corp said it set up a joint venture earlier this month to plan, produce and sell atgiio-visual (AV) and music software. MC Visions Inc, capitalised at 200 million yen, is owned 85 per cent by ftUsubishi and 1S per cent by The Ray84 words
-
Article85 1990-08-22 4 SUPERMARKET operator Daiei Inc will start buying beef a subsidiary of Cargill Inc of the US in April 1991. Qttiei will buy 600 tonnes in the first year and 1,000 tonnes thereafter. The cattle will be specially raised by Excel Corp, a Cargill unit based85 words
-
Article49 1990-08-22 4 ISEC CORP is considering producing personal computers i&Britain and West Germany, a spokesman for the Japanpe computer firm said. Plants where the computers might bfe produced have not been decided yet, but the spokesman (Mentioned NEC's British unit in Telford as one possibility.49 words
-
-
Article118 1990-08-22 4 AFP THE Indonesian subsidiaries of Du Pont Company of the US and Total Compagnie Francaise des Pet roles have discovered oil in Indonesia, the state oil firm Pertamina announced yesterday. Conoco Indonesia Inc, a subsidiary of Du Pont Company, found oil near the NatunaAFP - 118 words
-
343 1990-08-22 4 WATCHMAKER National Electronics Holdings Ltd will open a US$3 million facility in Indonesia to manufacture telephones, primarily for export to the United States, as well as for Indonesia's home market. The group, incorporated in Bermuda, sees potential for growth in South-east Asia this decade,343 words
-
308 1990-08-22 4 NYT NIPPON COLUMBIA Co has announced that it and its wholly-owned US subsidiary, Denon Digital Industries Inc, will take part in the development of digital multimedia systems to be launched by the Georgia Institute of Technology. Multimedia systems comprise any combination of audio,NYT - 308 words
-
485 1990-08-22 4 AFTER a painful and costly experience with biscuits, Thai Dairy Industry Co has just about given up on experimenting a new line of business, according to Bangkok daily The Nation. Thai Dairy, the producer of Thailand's best known milk products under the485 words
-
236 1990-08-22 4 THAILAND'S toy industry has bright prospects domestically and overseas, the Economic Research Department of Thai Farmers Bank has concluded. The industry, which is relatively new in Thailand, has met high market demand, especially overseas. This demand has justified continued expansion, according to236 words
-
-
Page 4 Advertisements
-
Advertisement96 1990-08-22 4 qN I *r+€-%* lapi £'f .it 2 < 1 a J. TSS t -hi > '■£r- ■tiwK* liPTufaL# I* *fr-s ifl I f ™IP 4l 5" USA Focus from Ss29T^^^^Bii^^^^sS!l!!!3|j^BßßC2!?^sSs?Ss2 When it comes to fashion accessories, the Focus" attache from Samsonite takes off where your cuff links end. But along96 words
-
Advertisement122 1990-08-22 4 wmtdoes IT TAKE TO MAKE IW EYES POP? 181 Music Lounge. V,jL\J JmJ fingers clicking. Besides the Where the eye-popping fashion show, we also make c Mutic Lounge excitement of models on many eyes pop parade, every Wednesday during HAPPY HOUR, /jMjgM t from 9pm. is a real treat. It122 words
-
-
Page 5 Advertisements
-
Advertisement454 1990-08-22 5 'H. m i lyj SINGAPORE iaunch J venue: The Oriental Ballroom jxi JK<ff' B|i MJ [ij |JJ [wWiVJ HlI*J Oriental Singapore flSw Marina Square, Singapore. 'ft ->,s>.f W *.'<i» v >>vtk- fr"<''>*K-y'~'*iriTime. 10arn-9pni Yes, the North Point Apartments launched P 4* n ii 1 r-\\ O O —ISSiHS <= u#w.454 words
-
-
INTERNATIONAL COMPANY NEWS
-
COMPANY BRIEFS
-
112 1990-08-22 6 BRITISH chemicals group Imperial Chemical Industries pic (Id) said it was setting up a wholly-owned subsidiary in Pctand, its first in Eastern Europe. ICI said it was the first major international firm to form a 100 per cent owned company in Poland. Peter Schellinck,112 words
-
Article65 1990-08-22 6 ELECTRONICS group Siemens AG said its factory automation division had won an order worth more than 200 miHion marks to build Europe's largest warehouse for mtil-order firm Quelle Gustav Schickedanz KG. Siemens win act as general contractor and fully equip the 1.3 million cubic metre65 words
-
Article66 1990-08-22 6 LOEWE OPTA GmbH, a West German electrical appliance maker, will produce colour television (TV) sets with broadcasting satellite tuners for Matsushita Electric Industrial Co Ltd, a Matsushita spokesman said. The company will send technical experts to Loewe Opta's production unit in Kronach, West Germany, in September to develop66 words
-
Article73 1990-08-22 6 FRENCH state-owned metals group Pechiney, which achieved turnover of 40.11 billion francs for the first half of 1990, said in a statement that group turnover would have dropped by only 3.3 per cent if currency rates had been constant. The figure compares with turnover of 44.6973 words
-
Article69 1990-08-22 6 LADA CANADA Inc said General Motors Corp agreed to sell 150,000 engine management systems a year to Volga Auto Works of Togliatti for Lada cars. General Motors said it announced the contract in June. Lada said GM will engineer systems to fit four-cylinder engines, and69 words
-
Article97 1990-08-22 6 HOLZSTOFF Holding AG expects group profit to improve in 1990 as its sweeping reorganisation starts to take effect. "Regarding profitability of our group, we expect that the restructuring will show a slightly positive change in 1990," it said in a letter to shareholders. "A substantial improvement, however, can97 words
-
-
Article332 1990-08-22 6 Reuter SWEDISH domestic appliance maker AB Electrolux had a dismal first half of 1990 and today's results announcement will show a decline in profits of up to 50 per cent, analysts said. They expected net profits would fall to around one billion crowns from 1.99 billion inReuter - 332 words
-
150 1990-08-22 6 Reuter BRITISH Petroleum Co pic is seeking offers for BP Exploratie BV, its wholly-owned Dutch exploration and production company. The interests for sale comprise 23 offshore blocks or part blocks with a net acreage of 1,670 square km and two onshore areas withReuter - 150 words
-
Article, Illustration377 1990-08-22 6 Reuter SWEDEN'S AB Volvo unveiled its new 900 car series including a luxury model and a new family car and said it was ready to face an increasingly competitive market. The 960 top-of-the-line model, equipped with a newly developed straight six-cyl-inderReuter - 377 words
-
412 1990-08-22 6 NYT IN A MAJOR consumer goods venture with the Soviet Union, a New York company has a preliminary agreement to help Russians produce SO million pain of shoes over the next decade. MAL Sales Corp said on Monday that it hoped to signNYT - 412 words
-
-
Page 6 Advertisements
-
Advertisement428 1990-08-22 6 m»^iV .Ai« W a A v 9Hk -*_Z23^/v 1 2' > r r•< < v.' -.'_**>/ v »< Finally, A Jet That Breaks The Speed Record Without Shattering The Sound Barrier. \bu can imagine the murmurs of disquiet any louder than the whispering wind. Like an easy-to-understand and easier-to- fonts.428 words
-
-
FINANCIAL NEWS
-
404 1990-08-22 7 Bernama COMMERCIAL banks in Malaysia have reported pretax profits totalling Ms9lo million for 1989, an increase of 41 per cent over the 1988 level, Bank Negara Malaysia said yesterday. In a communique released after the the second day of the annual conference between theBernama - 404 words
-
SMALL CHANGE
-
99 1990-08-22 7 MAJOR Thai commercial banks led by Bangkok Bank Ltd are raising their minimum lending, overdraft and fixed deposit rates by half a percentage point, effective Aug 24. Bangkok Bank's managing director Damrong Krishnamara said in a statement his bank is increasing its minimum lending99 words
-
Article90 1990-08-22 7 STANDARD Chartered pic, which has owned 90 per cent of Hongkong brokerage ChinTung Holdings Ltd since 1988, has acquired the remaining 10 per cent, Standard Chartered said in a statement. It did not disclose the sum it paid ChinTung founder Arthur Lai for the 10 per cent90 words
-
Article82 1990-08-22 7 TOTAL clearing bank lending in UK was virtually flat on a seasonally adjusted basis in July, after a £2.6 billion rise in June, the Banking Information Service said. Within the total, advances fell by £277 million, while bill finance rose by £627 million. One bank82 words
-
-
Article, Illustration384 1990-08-22 7 Reuter THE number of US banks is likely to drop dramatically in coming years, with thousands disappearing from mergers, buyouts and failures, Federal Reserve officials and industry analysts say. Experts say they are unsure how many banks will survive. But the trend toward fewer banksReuter - 384 words
-
-
Page 7 Advertisements
-
Advertisement92 1990-08-22 7 Data General House. 135 Wkrkham Terrace, Brisbane, Australia. Data General House is situated strategically overlooking the Brisbane Central Business District. Outstanding 12 level building with a 2 level annexure. Prominent neighbouring properties include: Sheraton Hotel Unisys Metway Bank BHF House IBM Centre Prime Computers Data General House also features: 100%92 words
-
Advertisement191 1990-08-22 7 M. k >i ki uv i p 1 1 *1 1 The best place for your company logo isn't always at the top of your stationery. '<?! f .*et Jtiitl si* BH v Ml i^y KJ i n 2 J ►K3 Only the UOB VISA Business Card lets you put191 words
-
-
Page 7 Miscellaneous
-
THE REGION
-
NOTE BOOK
-
Article120 1990-08-22 8 AUSTRALIA will provide more than AS 15 million for three projects in Thailand, Foreign Affairs and Trade Minister Oareth Evans said in Canberra on Monday. The two rural development projects will increase food self-sufficiency and counter rural poverty in the northern areas. Australia will provide120 words
-
Article87 1990-08-22 8 PRESIDENT Corazon Aquino yesterday expressed confidence in the survival of Philippine democracy despite ongoing threats of a coup attempt by rightist renegade soldiers. Speaking at a Roman Catholic mass on the seventh anniversary of the slaying of her husband, opposition leader Benigilo Aquino, the president said87 words
-
Article98 1990-08-22 8 THE INDONESIAN Economists Association has published a blueprint for the Indonesian economy that called for the introduction of anti-monopoly laws. Minister of Finance Johannes Sumarlin, chairman of the association, told reporters on Monday after presenting the blueprint to President Suharto that the government should act to98 words
-
-
Article, Illustration513 1990-08-22 8 MBT MALAYSIA, which ranks fifth among developing countries, can take on Asia's four newly-industrialised countries (NICs) if Malaysians are more receptive to the government's development programmes. "Our objective is not just to better our standing among developing nations. We aim to be developed.MBT - 513 words
-
307 1990-08-22 8 MBT MALAYSIA should venture into reverse investments to broaden its economic base, Trade and Industry Minister Datuk Seri Rafidah Aziz said. It cannot be dependent forever on a one-way flow of foreign investment without itself making investment abroad, she told reporters after speaking at theMBT - 307 words
-
367 1990-08-22 8 AFP MICHIO WATANABE, a high-profile member of Japan's ruling party, arrived in Vietnam yesterday on a visit aimed at boosting ties with Hanoi and viewed with great interest at home by businesses keen to break into the country's vast market. Mr Watanabe, a veteranAFP - 367 words
-
286 1990-08-22 8 AFP MANILA has defended its proposed tariff reduction scheme in the face of calls by business groups and Congress for continued protection against imports. The National Economic Development Authority (NEDA) said in Manila on Monday that an import liberalisation programme begun in 1986 had helped industryAFP - 286 words
-
-
Page 8 Advertisements
-
Advertisement295 1990-08-22 8 SYSTEMS PTE LTD J&MHH a member of AV T Group SEMINARS (For Registered Invited Guests only) EXHIBITION 'CHAMPS Maintenance Management 10.00 am -5.30pm Information Systems (Open to Trade Persons only) Speaker Thomas North Champs Software Inc. PRODUCTS ON EXHIBIT Time 10.00 am -11.00 am DEC Workstations WORKSTATION- 'DEC Workstations pjnnade295 words
-
Advertisement219 1990-08-22 8 Metal Bulletin's September 17-*****0 Le Regal Meridien Hotel, Hong Kong The 1980's were a period of unparalleled growth for the Asian steel industry and its markets. As we enter the 1990's it is timely to examine how steel in the region will face up to new challenges. Delegates at this219 words
-
-
Page 9 Advertisements
-
Advertisement189 1990-08-22 9 H 1 WITH A NAME LIKE CHAN YOU HAVE TO WORK j VERY HARD TO BE MISTAKEN FOR A FRENCHMAN. 1 THE ORIENTAL SINGAPORE Ignatius Chan is the wine steward of Fourchettes a 72 Romanee Saint-Vivant or more modestly, a Restaurant at The Oriental Singapore. He's the Tavel Rose, I'Espiegle.189 words
-
-
THE WORLD 1
-
WORLD WATCH
-
90 1990-08-22 10 JAPANESE BANKS may have to reduce their assets to meet the 8 per cent capital-adequacy rule set by the Bank for International Settlements (BIS). Taizo Hashida, chairman of the Federation of Japan Bankers' Associations, said in Tokyo yesterday that the capital90 words
-
Article52 1990-08-22 10 ttlE EC opened an investigation on Monday into imports of disposable Japanese lighters and said it will reconsider ending anti-dumping duties, imposed in 1985, on hydraulic (fxcavators from Japan. The two separate moves followed requests for protection by EC producers of these products against allegedly unfair competition52 words
-
Article98 1990-08-22 10 tjJE DOWNTURN in the South African economy is more severe than initially expected, the giant Sanlam insurance gtoup said in its economic report for August released in Cape Town on Monday. The report notes a marked deceleration in extension of bank credit, substantially slower growth in98 words
-
Article72 1990-08-22 10 OUTPUT OF STEEL in the world's top 40 producer countries fell by 2.2 per cent last month compared with July 1989, to reach 54.891 million tonnes, the International Iron and Steel Institute (IIS1) said in Brussels on Monday. Induction in the European Community fell back72 words
-
Article63 1990-08-22 10 THE ARGENTINIAN GOVERNMENT plans to shrink money supply and lower import tariffs in an effort to curtail price increases it claims are inflationary, newspapers reported on Monday. The central bank planned to offer for sale US$5OO million worth of bonds, removing billions of atretrals63 words
-
Article97 1990-08-22 10 EASTERN EUROPE is unloading cheap beef on the Ffench market, driving down local prices and compounding the debilitating effects of a two-year drought, France's two largest farm groups said on Monday. "There has been ah explosion of imports from Eastern Europe," Raymond Lacombe, president97 words
-
-
409 1990-08-22 10 NYT THE GROWING EASE with which it is possible to design and build supercomputers is making it increasingly difficult for the US and Japan to keep the powerful machines from proliferating. That raises the possibility that more nations may be able to useNYT - 409 words
-
226 1990-08-22 10 Reuter DATA DUE today will show a narrowing of the UK trade and current account gaps in July, with much of the improvement due to a slowdown in imports, economists said. "We would now start to expect to see imports slowing, albeitReuter - 226 words
-
234 1990-08-22 10 AFP EAST GERMANY will shortly give a number of Hongkong businessmen East German nationality in exchange for loans, government spokesman Matthias Gehler said in Berlin on Monday, confirming press reports. "A decision has indeed been taken... and the granting of citizenshipAFP - 234 words
-
Article, Illustration430 1990-08-22 10 AFP, Reuter EAST GERMANY'S floundering government was faced with yet another crisis on Monday when an aide appointed by the Prime Minister to carry out the country's privatisation scheme resigned. Reiner Gohlke, 56, former head of the West German Bundesbahn railway company and IBM, resignedAFP,; Reuter - 430 words
-
Article, Illustration559 1990-08-22 11 The Gulf Crisis Reuter, Bernama MALAYSIA, a major nonOpec oil producer, could raise its output by up to 7.4 per cent to 650,000 barrels per day (bpd) to meet a shortfall caused by the Gulf crisis, Finance Minister Daim Zainuddin saidReuter,; Bernama - 559 words
-
410 1990-08-22 11 AFP SOME OPEC MEMBERS are trying to organise a restricted consultative meeting to discuss the desire of some countries to raise their oil production levels, several sources said in Paris on Monday. Saudi Arabia, meanwhile, threatened to increase oil production whatever the other members did,AFP - 410 words
-
297 1990-08-22 11 Reuter THE United States and Saudi Arabia are close to finalising a billion-dollar arms package which will include the sale of more F-15 jets and missiles to the kingdom, US defence officials said yesterday. Defence Secretary Dick Cheney was meeting Saudi DefenceReuter - 297 words
-
485 1990-08-22 11 Reuter HUGE OILFIELDS in Kuwait and Iraq, most closed due to a world trade ban, could be brought back into production at the first sign of weakness in the blockade of Baghdad. But Kuwait's vital refineries might have beenReuter - 485 words
-
-
Page 10 Advertisements
-
Advertisement245 1990-08-22 10 A lOT AT SHERATON LITTLE THINGS MEAN A lOT AT SHERATON LITTLE THINGS MEAN A LOT AT < m m m > l/> H 0 O z X Z, 1 We have recently renovated our EE TT U S conference venues, giving you a choice 5 < of 4 different245 words
-
Advertisement422 1990-08-22 10 BUSINESS OPPORTUNITY I LABUAN A New International Offshore Centre I ■j The recent passing of 6 Bills in the Malaysian Parliament gives Labuan the impetus to develop as a tax haven low tax rates/tax exemptions and minimal regulations. The directors of our affiliate firm in Malaysia, Dr. A. Subramaniam and422 words
-
-
Page 11 Advertisements
-
Advertisement49 1990-08-22 11 r jjv^ ■H|| Whatever the conditions, in the Renault 25 your journey is comfortable and safe. is I MB£*y- Bit Renault 25, available from ARF $106,800 X I uiiiM/n£46 TautbA W\L «""> 24 LENG KEE ROAD SINGAPORE 0315 ABc.l itw FAX: 475 4477 TELEX: ***** EXAUTO V/// CAR TELEPHONE: *****1149 words
-
-
Article476 1990-08-22 12 EDITORIAL IRAQ HAS SHOWN that the meek not to mention the weak shall not inherit the earth. The sanctity of the prophesy that the meek shall inherit the earth has, in a sense, been violated by Iraq's invasion of peace-loving Kuwait. Such threats to «maH nations, though476 words
-
WHAT THE OTHERS SAY
-
Article238 1990-08-22 12 AS. the Gulf crisis enters its 19th day, the best solution may lie in pre-emptive action against Iraq. The United States must assert its leadership role by swiftly teaching President Saddam Hussein such a lesson that he will not have the stomach for further mischief. Unless238 words
-
Article117 1990-08-22 12 THE tribal fighting in South Africa threatens to turn the country into a second Lebanon or Sri Lanka. And it could not have come at a worst time when the country is on the threshold of political change for the better. Already, the violence has diffused117 words
-
Article132 1990-08-22 12 IN the past three weeks, two students were attacked in buses. The incidents are all the more troubling, having taken place in broad daylight under the very noses of fellow passengers, and worse, in a law-abid-ing society. Just as vexing is the question: What constitutes the bus company's132 words
-
-
REGIONAL VIEWPOINTS
-
Article180 1990-08-22 12 THE United States is proclaimed as one of the bastions of free markets and capitalism. Yet several US companies represented in Australia do not show much of the rugged individualism so proudly espoused in their home country. It is a surprising indictment of the automotive industry and180 words
-
Article194 1990-08-22 12 •QUITE a portion of President Soeharto's National Day address last week was devoted to the economic field which has over the last two years been enjoying its most exciting period. The President apparently is fully aware that the element of "equitable distribution of development" still often causes194 words
-
Article107 1990-08-22 12 ALTHOUGH the ANC leaders have moved closer to their objective of dismantling apartheid, the main pillars of apartheid have not been shaken. Addressing a mass rally in Durban soon after his release in February, Nelson Mandela told black factions in Natal to throw away all their weapons107 words
-
-
Article, Illustration833 1990-08-22 12 Flora Lewis - Saddam Hussein wishes to become master of the Gulf. Stopping him from realising his ambitions is not just about safeguarding oil supplies; it is about ensuring that the US and the rest of the world is allowed to govern its own destiny. And victory against theNYT - 833 words
-
Page 12 Advertisements
-
Advertisement222 1990-08-22 12 CLARET STEAKHOUSE is now open H AUdimtrt will bt stnwd with gmrtic brtad I VWmm SOUP OF THE DAY All tkt mmi* count* will b* Btrvtd with rtftimbUt mmdfrtmehfrUa, bmksd f butter ries COFFEE OR TEA H*****r Vmm *19.00 CLARET MIXED GRILL CHICKEN ggg£L SAMBAL STEAK KINO PRAWN Senred wto222 words
-
-
Page 12 Miscellaneous
-
Miscellaneous91 1990-08-22 12 DOONESBURY BY GARRY TRUDEAI MR. SPEAKER, DURING "THE THE S*LMESS HAS GCVBRSP FRJENPS, LASTEIGHT YEARS, THIS BOOT THIS INSTITUTION IN SHAME. I CANNOT JOIN YOU IN WHAT 00 AT 83? W HAS WEN A NUMBER OF ANPYET N&&.H/MESOMANY THAT EFFORT. TO ATONE FOR. YOU THINK— NO, THIS m ACTIONS THATHAS/B91 words
-
-
ANALYSIS
-
Article, Illustration1215 1990-08-22 13 Is the spectre of stagflation stalking the globe again? Mayb«J3 not. It looks like the world's industrial giants just might be able to keep inflation in check this time around jp International Business Week WAR in the Mid-east. An oil embargo. Surging quotes forInternational Business Week - 1,215 words
-
Article795 1990-08-22 13 Chuang Peck Ming - Americans have been pouring in more and more money into Singapore. In the heyday of the oil boom, it was the oil companies that led the investment brigade. These days it's the manufacturers, especially the electronics sector, who head the list of investors. And US795 words
-
Article391 1990-08-22 13 US capital outlay in the wholesale trade in Singapore used to be so insignificant that it was relegated to a footnote accompanying US Department of Commerce statistics on American overseas investment. "Less than $500,000", the footnote in a 1977 Commerce Department report, Survey of Current391 words
-
122 1990-08-22 13 1987 1988 1988 1990* AH industries 213 416 488 512 Petroleum 53 102 190 145 Total manufucturing 129 241 232 261 Food 2 2 3 3 Chemicals 7 9 13 14 Primary/fabricated metal 5 5 t 5 Machinery 38 46 43122 words
-
-
Page 13 Advertisements
-
Advertisement105 1990-08-22 13 I -M nt«! 11 I |$8S Viewing: 10am Ipm P5 jrc rara Auction Sale: 1.30pm spm &6J Kg iw All lots are guaranteed and backed by jffig a full trade in value at our showroom. Auctioneers: Cheong Koon Seng (CKS) aK) Auctioneers Valuers Pte Ltd Excellent Indian Vegetarian Cuisine Masala105 words
-
-
SPORTS
-
SIDE LINES
-
91 1990-08-22 14 THE New Zealand Rugby League will vote tonight on whether to allow Auckland to enter Sydney's Winfield Cup league championships. League chairman George Rainey said yesterday that he supported Auckland's bid. "I believe the game has nothing to lose by jumping into the91 words
-
Article92 1990-08-22 14 EAST and West Germany will hold their first combined trials to create a joint swimming team for the upcoming World Championships, the West German Swimming Federation confirmed on Monday. The East German newspaper Junge Welt said on Monday that the trials would create the first joint sports92 words
-
Article86 1990-08-22 14 AZUMAH NELSON will defend his World Boxing Council super-featherweight title against Juan LaPorte of Puerto Rico at the Sydney Entertainment Centre on Oct 13. Promoter Bill Mordey said yesterday that the winner of the fight, which has been switched from Sep 7 at Nelson's request, would86 words
-
Article72 1990-08-22 14 MIKE McCarthy and Steve Hegg advanced to a US-Soviet semi-final clash in the men's amateur individual pursuit in Japan yesterday, chasing rare US track medals in the world cycling championships. The 22-year-old McCarthy upset 1989 silver medallist East German Jens Lehmann in a one-on-one duel on the72 words
-
-
Article, Illustration514 1990-08-22 14 AP RETURNING to the scene of some of his greatest triumphs, Jimmy Connors admits he is a longshot to win the Tournament of Champions in New York. "I like to come out here and create some interest for these guys who are supposed to be theAP - 514 words
-
278 1990-08-22 14 Agencies SEVENTH-SEEDED Jonas Svensson of Sweden defeated Olivier Delaitre of France 6-3, 6-4 in the first round of the Hamlet Challenge Cup in New York on Monday. Svensson, ranked 19th in the world, trailed 4-3 in the second set before winning the lastAgencies - 278 words
-
326 1990-08-22 14 AP LANNY and Bobby Wadkins combined for a tournament record 12-under-par 60 on Monday to take a one-stroke lead halfway through the Uss7oojooo Fred Meyer Challenge golf tournament in. Oregon. The brother* hid 10 birdies and an eagle on the par--72 6,632-yard PortlandAP - 326 words
-
-
Page 14 Advertisements
-
Advertisement899 1990-08-22 14 S-E-Banken I Slcandfciawteka EnskHda Banken I I Head Office: KungstrSdgardsgatan 8, Stockholm, Sweden. M I BALANCE SHEET PROFIT AND LOSS ACCOUNT I DECEMBER 31 S*e«* <*»» I The S-E-Bank Group 1969 1968 1969 1968 SEKM SEKM cpk u sek M Operating income t Net interest earnings 6.595 6.295 A B899 words
-
Advertisement616 1990-08-22 14 You're invited to nominate an outstanding company for a 1990 MANAGEMENT AWARD The Governing Board World WASHINGTONSYCIP, Chaiiman.TheSGVGroup, PhOippines;DßßßlAN 4 AM AuFMFNT W. SCOTT, Chairman, Management Frontiers Ply Ltd., Austraka, DAVID K.P. LI, Director and Chief Executive, The Bank of East Asia, Ltd., Hong Kong; DR. XV JLAt A 7A616 words
-
-
Page 15 Advertisements
-
Advertisement1428 1990-08-22 15 BhIkss Times, Wednesday August 22 1990 Pa«e 15 CURRENCY, MONEY FUTURES MARKETS OVERSEAS MARKETS ROUND-UP Market takes a from Stars Wars PRICES on the local market nosedived yesterday, following Mar's invasion of Venus and its negative impact on the intergalactic markets. had began to Brokers were immediately about how the1,428 words
-
-
Page 16 Advertisements
-
Advertisement819 1990-08-22 16 WHERE TO WINE. DINE AND ENTERTAIN... WHERE TO WINE, DINE AND ENTERTAIN... WHERE TO WINE, DINE... iyf DIAN XIN TEMPTATION! Treat yourself to a Delectable Dian Xin lunch. All-vou-can-eat for only $16.80* per person. Lunch Hours: 11.30 am 2.30pm •flu- l<n ituqr jmrmmcm ta hwt regency(J)Simgapore 10-12 Scoit. KioJ 0912819 words
-
Advertisement409 1990-08-22 16 ri -^Tf Say cfoese to^ f SWISS I The Swiss have such wonderful ways with cheese. Savour thrm and more at The Belvedere's Swiss Buffet this month. ■p, SWISS BUFFET LUNCH 4 August 1 3l', Noon 230 pm 4 Adult: $36++, Child below 10: $18+ K We serve the world409 words
-
-
Page 16 Miscellaneous
-
Miscellaneous662 1990-08-22 16 TELEVISION AND RADIO -w- f j SBCI2 lioc feci i! was suicide. How- g.OO Ptowt (M). POSHED I,ookino tor water s JJUUIVIII& Iv/l YT lilvl 7J» Ml Tba Piglet Files A to investigate. II.N MrtlHmlM 130wT w Room With A View. 9.00 Htm at Mm. 10 JO Malay Mevte (con't).662 words
-
-
LIFESTYLE
-
Article, Illustration967 1990-08-22 17 Eleanor Blau - Eleanor Blau looks at the variety of films being shown at the 28th New York Film Festival next month Eleanor Blau NYT Familiar French names and works by directors who have had successes in previous programmes will be an important part of the 28thNYT - 967 words
-
Article, Illustration716 1990-08-22 17 NYT NATTO, a traditional Japanese food made by fermenting steamed soybeans with natto bacillus bacteria, is regaining popularity among Japanese, thanks to its newly acquired ecological image. According to government statistics, annual household spending on natto increased 13 per cent over the previous yearsNYT - 716 words
-
Article, Illustration577 1990-08-22 17 CHMW—i A SAUDI ARABIAN sheikh, known for his fervour at the gambling table, lost more than US$lB million in recent weeks at clubs in Cannes and Monte Carlo, the French press has reported. Sheikh Eynaoi, described as a counselor to Prince Faisal, lost US$l2.4577 words
-
-
Page 17 Advertisements
-
Advertisement304 1990-08-22 17 ..AND ENTERTAIN Tempting Treasures From The Deep. FISH A OYSTH^ JL TO IO.JOPM The tempting Fish and Oysters Promotion is on every night from August 7 to 23, at the Hubertus Grill. We guarantee you'll fall for it, hook, line and sinker! A® Century Park Sheraton Singapore 16 NASSIM HILL,304 words
-
Advertisement43 1990-08-22 17 THE Gluis Chinese jf'JR best of Thai. Over 120 mouthwatering specialities and an array of irresistible Thai desserts. ftktWj HekSeaTAuvce mfs restaurant 583 Orchard Road 101 Thomson Roatf #01-18 Forum Gaßaria #61-56 United Square Singapore 0923 Singapore 1130 T«i: *****88 Tat: 252 583043 words
-
-
STOCK EXCHANGE OF SINGAPORE 1
-
Article, Illustration4363 1990-08-22 18 Magdalene Ng - By Magdalene Ng THE Straits Times Industrials Index plummeted another 31.82 points yesterday, bringing its total loss this week to 65.23 points, or S per cent in value from last Friday's close. The day started off well enough, with investors comforted by4,363 words
-
-
Article3907 1990-08-22 19 Main Board Shangri-La 680 5 0.7% Spore Fodder 110 +5 +4.8% BAT 22* 293 +4 +1 4% OK Goh 20* 98'/j +2Vj +2.6% Tong Meng 297 +2 +0.7% HongFok 197 +2 +10% H Leong Fin 223 +1 +0.5% S Finance 153 +1 +0.7% City Dev3,907 words
-
BT SHARE INFORMATION SERVICE
-
Article103 1990-08-22 20 Caapaay Data Yaar Group Nat Nat earnings Grata ann ta profit/loss (L) par share dlvldand (•000) (cants) Summa Inv Aug 14 Mar 90 $4,0891 (J8.0201) HTPrtdgs Aug 3 Mar 90 $2,334 ($2,7541) 2.6(-) tC-MPH Aug 3 Mar 90 $15,408($12.840) 8.5(7.1) 10h(3) Murata Jul 27 Mar 90 18.3091(20.9250 94103 words
-
Article90 1990-08-22 20 Campaay Data Yaar Group pra-tax Hat aamlflgs Cra.. ana ta pra«/l**a (L) par afcara dhrWand ('000) (cants) Set Ortdc Aw 10 Mar 90 M$2.452(MJ164l) 04(-) 2(1) Man Loom Aug 8 Mar 90 MJ9,855(11*7.742) 15.5(11.8) 10(10) MCB Hides Aug 8 Mar 90 M$l,766l(M$l,713) 2.5(3.5a) Burwdl Hides Aug 8 Mar90 words
-
Article373 1990-08-22 20 Company Date Malf-yaar Group pro-lax Interim ma to profit/lass (L) dividend C000) Apotfo Aug 20 Jun 90 $1.348($l,399l) Magnum Corpn Aug 20 Jun 90 MJ45.001 (f18.245) 5(4 4a) Shangri-la Aug 20 Jun 90 $28,834($21.723) 7(5.1«) Tat In Bank Aug 18 Jun 90 $ll,961g($10,938g) Tat It* Finance Aug 18373 words
-
Article638 1990-08-22 20 Carrwt Ex Books Data Tatai far Tatal tar paymmt Ml daaa payaW* Km yaar last y—r Nat Hdp 6* Aug 28 Sep 7 Sep 26 6* 6* NOB 2.5* Sep 14 Sep 28 Oct 27 2.5% 2% mm 10% Sep 21 Oct 5 Nov 1 10% 151(a) Mm638 words
-
Article494 1990-08-22 20 A* 21 Hw Par Broth** International is acquiring a 75% stake in Recreational Investments (SEA) Pte Ltd for 515.83 m. Aug 20 Kbn Enf HaMngs and GX fioh HoMngs are said to be buying seats on the Hongkong Stock Exchange. Aug 17 Ambmedor Hokfags Ltd agreed to acquire494 words
-
Article320 1990-08-22 20 Singapore Stocks Y r Corrpjry Pnd Date tw IW EPS firm amoreed erafe* (cents) tK praft bit r** ft"® 00 lton* Hu>t Interim Mar 30 Oec 89 535L(fc) EMS Intenm Apr 26 Jul 90 9.3(a) 2.3TE(i) 4.747 FIN Interim Jun 23 Sep 90 35.6 18.0 62.868 hint Interim320 words
-
Article386 1990-08-22 20 Company Rights Issim KMsMmOK) Offers tor sail by or on behalf of Utd Engineer? (M) Bhd oi 25 2m shares by way of a nghts offer to entitled shareholders of KK on the bus of tour-tor-one MSI 25 each b-date Jul 20 Books close Aug 3 Acceptance t386 words
-
Article550 1990-08-22 20 Company Rights Issue Baton One-tor tour MJ2 00 per share CauMway kiv Capital reduction scheme to reduce par value of shares from $100 to SO 60; fhghts issue of 3:4 $0 60 per share CMA One-tor one MS400 per share Ew«ry tour nghts shares would be issued with550 words
-
Article658 1990-08-22 20 BONDS, LOANS WARRANTS cinn w*m cum mi tw bar II HI) mm CM Wt Baton 26/1/93 I warrant pto 13.09 a* Cmmmi Uw k Ommi M 2/10/89 to 20/10/94 1 warrant pta $1 ca* or 1 warrant pta >1 Tcynwal amount at low stock. 0—tbfltota dm *pjt Ktorch 87 to658 words
-
Article128 1990-08-22 20 HTP Hokfc«s Ltd: AGM at Mandann Hotel, Mandarm Court A, 4th Floor, 333 Orchard Road, Singapore 0923 on Friday August 24, at 10am. Jack Chb IffH Ltd: AGM at Tai Pan Ramada Hotel, Pine Room, 3rd Storey. 101 Victoria Street Singapore 0718 on Saturday August 25, at 12128 words
-
Article150 1990-08-22 20 RECORD HIGHS LOWS BT Composite Index ST Industrials Index iMfl Mr 1435 43 (16/7/90) 1590 1607.12 (27/3/90) £2!? 186 6 21 8/90 IMOtar 1248.90 (21/8/90) IS Si- 22 00 (M 2 89 1487 76 /12/W) ***** (4 89 1030 69 9M St 1043 86 8 8 88 1988** 1177.87 (8/8/88)150 words
-
-
Page 20 Advertisements
-
Advertisement114 1990-08-22 20 1 FOR SALE (BY TENDER) VACANT LAND PARCELS FOR WAREHOUSING DEVELOPMENT Location Western side of Kaki Bukit Avenue 2 Title URA Parcels 146 and 147 Lot 2763 Miikim 23 Land Area Approximately 21,380 m' Tenure 60 years HDB leasehold from 26 February 1982 Ownership No restriction on foreigners Development: Approved114 words
-
-
KUALA LUMPUR STOCK EXCHANGE
-
Article, Illustration3674 1990-08-22 21 Bernama SHARE PRICES on the Kuala Lumpur market plunged across the board yesterday for the second successive day as sellers, increasingly nervous about the tense situation in the Gulf, dominated trading. The KLSE Composite Index fell another 7.83 points to 544.64 after Monday's 9.69-pointBernama - 3,674 words
-
-
Page 21 Advertisements
-
Advertisement118 1990-08-22 21 1 FOR SALE (BY TENDER) VACANT LAND PARCEL FOR INDUSTRIAL DEVELOPMENT Location Junction of Eunos Road 2 and Eunos Avenue 3 Tide URA Parcel 138 Lot 2645 Mukim 23 Land Area Approximately 11,750 m* Tenure 60 years HDB leasehold from 14 November 1981 Ownership No restriction on foreigners Development: Approved118 words
-
-
TOKYO STOCK EXCHANGE
-
Article, Illustration2276 1990-08-22 22 Reuter TOKYO STOCKS ended easier in anaemic trade yesterday after a variety of factors pushed the index into negative turf in the afternoon after earlier gains. Index-selling by arbitrageurs and investment trusts, position-squaring, and fears about rising interest rates rise sapped gains.Reuter - 2,276 words
-
-
STOCK EXCHANGE OF HONGKONG
-
Article, Illustration2353 1990-08-22 22 SHARE prices on the Hongkong Stock Exchange closed generally lower in quiet trading yesterday as the Gulf crisis continued to grip the market. The Hang Seng Index, the market's key indicator of blue chips, fell 12.84 points, closing at 3,040. Turnover totalled HK$7lB million2,353 words
-
-
REGIONAL STOCK MARKETS
-
Federal budget hopes lift Aussie shares
-
Article1160 1990-08-22 23 AUSTRALIAN SHARES surged in the late afternoon yesterday to finish firmer on hopes of benefits from the federal budget due later yesterday. The market is hoping for tax cuts and lower interest rates, brokers said. However, its strength in the face of a sharply firmer Australian dollar, a weak--er1,160 words
-
Article90 1990-08-22 23 INDICES TURNOVER Close A* 21 Pre**. SYDNEY All Ordinaries Index AD Industrials Index All Resource* Index Turnover (million) 1551.7 2307.1 962.5 96 1539.3 2285.4 957.1 78.09 +21.7 12.4 +5.4 17.91 BANGKOK SET Index Turnover (nearest "000) 871 38 NA 895.71 NA -24.33 JAKARTA Composite Index Turnover (nearest *000) 577.43 1.8590 words
-
Article630 1990-08-22 23 SHARE prices on the Thai bourse continued their downward slide amid fears that the Gulf crisis could have serious long-term effects on the economy next year, brokers said. They estimated the composite SET Index lost 24.33 points to close at to 871.38. Investors were likely to continue to trade630 words
-
Article475 1990-08-22 23 SELLING on the Manila exchange tapered off yesterday in slow trading following listless US and Tokyo markets, leaving most stocks slightly lower at the close. The Manila Stock Exchange composite index lost 4.40 points to close at 787.13 after tumbling 43.54 on Monday. Brokers said investors thought the market475 words
-
Article359 1990-08-22 23 TAIWAN stocks finished 5.9 per cent lower to end at their lowest since April 8, 1988 as pessimistic investors lost confidence in the market, dealers said. The weighted index lost 227.91 points, or 5.9 per cent, to finish at 3,649.77 compared with Monday's 3,877.68 close. Turnover fell to NTS27.B359 words
-
Article364 1990-08-22 23 THE New Zealand share market closed a fraction higher in wary trade yesterday and brokers expect the market to consolidate around current levels unless the Gulf crisis worsens, sparking a fall on major world bourses. The Barclays share index estimate closed 3.12 points higher at 1,643.27, after hitting364 words
-
336 1990-08-22 23 Aug 20 Index %day change i ttcy yew ii a «*qr %Jtmr la us! day chaaff i lb year World 382 4 •0.3 -17.8 •0.6 -20.7 -0.5 •15.8 |EAFE 521.3 •1.0 -23.5 -0.9 -24.8 -0.8 -20*2 Europe 397.1 •1.7 •11.9 -2.1 -6.0 -2.0 •0.1 Pacific336 words
-
Article728 1990-08-22 23 SEOUL stocks slid to another new 1990 low in oontinued stow trade on a lack of news, brokers said. The composite stock index dropped 10.86 to 610.47, with 115.6 billkn won traded against 72.4 billion on Monday. Falls led rises 66S to 90, with 103 unchanged. Seoul Won COO)728 words
-
Article618 1990-08-22 23 THE Jakarta Stock Exchange index fell 6.04 to 577.43, from Monday's 583.47, but turnover rose to 1.85 million shares from 1.56 million. Cigarette producer Sampoerna dominated the big board, which trades lots of above 10,000 shares, with 250,000 shares changing hands, but it fell 900 rupiah to 11,600. On618 words
-
Article42 1990-08-22 23 BOMBAY share prices rote sharply yesterday after the government ruled out an increase in the prices of petroleum products, brokers said. The Stock Exchange index shot up 37.10 points to a record 1,134.03 and the National Index rose 13.87 to 581.99.42 words
-
-
-
Page 23 Advertisements
-
Advertisement11 1990-08-22 23 Closing prices for all markets except Taipei are provided by Telerate.11 words
-
-
WORLD STOCK MARKETS
-
US blue chips rise on Bush's remarks
-
Article, Illustration1019 1990-08-22 24 US BIUE-CHIP stocks moved higher in quiet trading on Monday, boosted by a firm speech by President George Bush on the Gulf crisis. The Dow Jones industrial average finished up 11.64 at 2,656.44, after posting losses on Thursday and Friday. In the broader market, decliners led gainers 9111,019 words
-
Article, Illustration835 1990-08-22 24 LONDON shares opened firmer yesterday after Monday's 20-point slide but dealers said continuing tension in the Gulf would mean another very quiet day. But by 0830 GMT, the FTSE 100 index had fallen back to trade 0.9 lower at 2155.7. On Monday, FTSE 100 was down 20.3 to 2,156.6835 words
-
Article88 1990-08-22 24 INDICES TURNOVER NEW YORK Clam -S ITCTMMR Aug 20 Dow Jones NYSE Financial SAP 300 Turnover (million) 2636.44 126.64 328.31 129.63 2644.80+11.64 127.23 -0.59 327.83 +0.68 216.6 -86.97 LONDON Financial Times 30 FTSE 100 Turnover (million) 1,659.3 2,156.6 350.6 1678.9 2176.9 300.5 -19.4 -20.3 -149.9 AMSTERDAM CBS General 183.80 184.7088 words
-
Article271 1990-08-22 24 WEST German shares dropped sharply in the first minutes of trade as foreign and domestic investors sold German shares in fairly active trade. Dealers said the index had crashed through a support level at 1,620 DAX points to hit a new 1990 low at 1,604.65 by 0843 GMT. But271 words
-
Article193 1990-08-22 24 BELGIAN share prices fell in moder- ately active trading yesterday as tears about a rise in inflation and in interest rates added to concern about the Gulf are not in the mood to buy," said one trader. Blue-chip industrial stocks were among the heaviest losers, with oil company Petrofma193 words
-
Article302 1990-08-22 24 DUTCH shares eased in thin morning trade yesterday as sentiment remained depressed by a host of negative factors. ItVnot only uie Guffcnsis, one dealer said. "There are also the costs of German reunification, as well as high interest rates and slower economic growth in the US," he added. Another302 words
-
Article423 1990-08-22 24 GOLD and related shares were firm at midday yesterday in an otherwise cautious and trendless market as investors nervously monitored the growing tensions in the Middle East. Locally, the continued violence in South Africa's black towships added to the uncertainties, dealers said. At noon the JSE all-gold index was423 words
-
Article239 1990-08-22 24 THE Italian share price index was showing modest losses alter one hour of trading with the steadier performance of insurers and banks helping to quieten nerves, brokers said. Aside from the ever-present factor of the Gulf, brokers said the market was being unsettled by fears some traders may be239 words
-
Article198 1990-08-22 24 THE Paris Bourse CAC-40 index fell below the psychological 1,600 level for the first time since March 1989, after opening at a new 1990 low this morning, dealers said. It touched 1,599.87, 65.13 points or 3.91 pet below Friday's close, at 1101 GMT after inching down in midsession trade.198 words
-
Article278 1990-08-22 24 SWISS shares opened slightly easier, with mounting tension in the Gulf weighing on the market, dealers said. The SMI index of leading shares fell 7.6 points to 1,540 after about five minutes of trading. Swiss interest rates were little changed while the dollar traded a bit firmer above 1,30278 words
-
Article184 1990-08-22 24 Toronto Aug 20 CS Abitibi 15% Akran Alum 24% Bank Nova Scotia 14% unch Bank of Montreal 26% BCEInc 37% unch BP Canada Inc 19% BrascanClA 19% Canadian Imp Bank 26% Canpac 19% unch Cominco—— 25to to Dom Tar 10% to Falconbridae.. Giant Yellow Knfe 8WB Gulf Oil Can I6to184 words
-
-
-
Page 24 Advertisements
-
Advertisement14 1990-08-22 24 Read Chartpoint, a guide to investing in the stock market. Every Saturday in BT. <14 words
-
-
CURRENCY, MONEY & FUTURES MARKETS
-
1239 1990-08-22 25 FOREX MARKET REPORTS THE US dollar yesterday closed slightly firmer against most major currencies after a day of directionless trading, traders said. "The market's interest has started to shift from the Mideast Gulf crisis to concerns over the deteriorating US economy1,239 words
-
Article390 1990-08-22 25 Cross rates au»2i USS SS MS Dm Yen SFr AJ NZ$ USS 1.7920 2.6950 1.5690 146.50 0.5230 1.3020 1.2361 1.6129 SS OSSSO 1.5039 0.8756 0.8175 0.2919 0.7266 0.6898 0.9001 MS 0.3711 66.49 0.5822 0.5436 0.1941 0.4831 0.4587 0.5985 Dn 0.6373 1.1421 1.7177 93.37 0.3333 0.8298 0.7878 1.0280390 words
-
Article1555 1990-08-22 25 SHMEX ehmmllm Open High Low Sett Est Vol Op/lnt Vol Sep 90 91.91 91.92 91.89 91 89 1380 ***** 744 Dec 90 91.99 91.99 91.95 91.96 ***** ***** 7947 Mar 91 91.95 91.95 91.90 91.91 1669 5787 628 Jun 91 91.77 91.77 91.71 91.72 535 1607 189 Sep1,555 words
-
Article562 1990-08-22 25 Interbank rates SI Bid Offer Overnight 6 5/8 6 3/4 1-month 6 13/16 6 15/16 2-month 6 13/16 6 15/16 3-month 6 13/16 6 15/16 Overnight mode: 6-3/4 US$ Bid Offer 7 day) 8 1/8 8 1/4 1 month 8 1/8 8 1/4 2 months 8 1/8 8562 words
-
-
Page 25 Advertisements
-
Advertisement8 1990-08-22 25 The Sang Kancil Portfolio In BT every Tuesday8 words
-
-
COMMODITIES
-
377 1990-08-22 26 Bernama MALAYSIA should adopt barter trading as part of its trade mode to market the country's cocoa products, the chairman of the Malaysian Cocoa Board (MCB), Datuk Dr Shao Yen Tze, suggested on Monday. Opening a two-day cocoa marketing seminar, he saidBernama - 377 words
-
286 1990-08-22 26 Reuter THE first vice-president of Russia said on Monday his republic was prepared to implement a controversial deal to market Soviet diamonds worldwide in exchange for credits for the ailing national economy. But Ruslan Khasbulatov also renewed attacks on Soviet Prime Minister NikolaiReuter - 286 words
-
855 1990-08-22 26 REPORTS THE PRICE of tin on the Kuala Lumpur Tin Market (KLTM) fell II sen to close at M 515.90 per kg after a sharp fall on the London Metal Exchange (LME). LME tin ended the kerb trading at a855 words
-
-
Article1299 1990-08-22 26 Rubber Am 21 Scent«/kg Noon Clot Int 1 RSS Prompt l62.Xyi63.30N I62.OVI63.OON Int I RSS Sep 90 162.50/163.00 162.<XVI62 50N Int I RSS Oct I62.7V163.2S 162.2V 162.75N Int 2 RSS OP I57.5(VI59.50N I57.SO/I59.SON Int 3 RSS OP I53.0QMS5.00N I53.00/I55.00N Int 4 RSS OP I49.00/ISI.OON 149 00/151 OON Int 51,299 words
-
Page 26 Advertisements
-
Advertisement590 1990-08-22 26 NOTICES OmOALNOfKB PVOPOSAL TO CHANGE OF BIW NAME I Mr Lee Chye Hong of Shin Y&mato Agencies Pte Ltd, of No. 4 b 5, Stanley Street, Singapore 0106, hereby give notice that in consequence of our principal purchasing the motor tanker M/T "Hlkarl Maru No J" I hare applied to590 words
-
Advertisement656 1990-08-22 26 IN THE MATTER OF THE COMPANIES ACT (CHAPTER 50) AND IN THE MATTER OF WAN U INVESTMENT PTE LTD. (Incorporated in the Republic of Singapore) (In Liquidation) (Members' Voluntary Winding-dp) At an Extraordinary General Meeting of the abovenamed company duly convened and held at 7500 A Beech Road *09-318, The656 words
-
Advertisement15 1990-08-22 26 Read Chartpoint, a guide to investing in the stock market. Every Saturday in Business Times.15 words
-
-
THE TRAVEL PAGE
-
Article1005 1990-08-22 27 Ctty FVgM ETA FI«M ETD I HtmOkM GA895 1235 QF7 2035 SQ227 2250 ruiiliiliin GA895 1235 KL814 i720 KL813 1455 SQ24 2200 KOmmt QF015 2230 tmMmi TE25 1800 TE28 1920 SQ388 2025 BaMhrM BJ421 U05 SQ182 0915 SQ181 1410 BI422 1205 Bt429 2030 BI430 2125 BmcM1,005 words
-
Article, Illustration846 1990-08-22 27 David Scott - POSTCARD FROM JAPAN ////X By David Scott THE SETO Ohashi bridge is almost earthquake proof. The main cables used in its construction could wrap around the earth several times. Opened in 1988 and the longest in the world, it crosses the Seto inland sea846 words
-
Article153 1990-08-22 27 As it 3pm yesterday: Local dollars to one unit of foreign currency Currencies Bid Offer Australian dollar 1.4460 1.4660 Canadian dollar 1.5550 1.5750 NZ dollar 1.0930 1.1330 Sterling pound 3.4100 3.4400 US dollar 1.7880 I 7980 Local dollars to 100 m*s of foreign cvmcj Austrian schilling 16.00153 words
-
Article93 1990-08-22 27 Duration Title Venue Organiser Tel Duration Title Venae Organiser Til Aug 24 Taxation of Non- India Asian Pacific Tax *****40 Sep 10-16 International Spain Fare 3/423.31.01 Residents Invest- Investment TV, Sound and De Barodone menu in India Research Centre Electronics Sep 15-IS International Paris Semaine 1/*****569 Aug93 words
-
-
Page 27 Advertisements
-
Advertisement30 1990-08-22 27 A —x t —i g I %IV I I m !hur>Jj\ Mtur.lu jrulSin.l.n. L.u in;* Hjps;i 1 UivWlN 1U s:;:;.::::;':::;;::; A Hi: i•- hi Mi \l i: (S) Air Canada30 words
-
Advertisement236 1990-08-22 27 AT SHEIATON LITTLE THINGS MEAN A LOT •AT SHERATON LITTLE THINGS MEAN A LOT AT SHERATON LITTLE < X z 9 i > X in 'MIHiHPiV4 V A, 1 Bnr xrvß?.a M HW| w A ■fH'M mm m Kftrufl* lr vUBk mnm T!*, jk, .^Wj TO* Kir UVk wrpiwi v236 words
-
-
Page 27 Miscellaneous
-
Miscellaneous188 1990-08-22 27 man (9) 28 Did he angle for an Anglican archiepiscopacy? (6) public fury (7) another (6) 29 King Cole leads a fashion- Manufacture underwear as 26 His five-year plan was a able mass meeting, of a temporary measure (9) quick way to a nil return course (9) 7 Acknowledge someone,188 words
-
Miscellaneous203 1990-08-22 27 Singapore Oatloofc Fair. Report Max temp. 33.9"C Assoc humidity 47% Min temp. 26.1"C Assoc humidity 91% Hrs of sunshine. 10.45 Rainfall in mm. Nil Rainfall this mth 120.4 Rainy days this mth. 7 World forecast Asia-Pacific Hi/Lo* ComL Auckland 12/07 Fair Bangkok 30/26 Showers Beijing 30/23 Cloudy Brunei 33/25 Fair203 words
-
Miscellaneous62 1990-08-22 27 R LQUSV 7T^ AS &ROWNIHO Sftipi PoTtPvi \_IF"F "V 1 1 1YCDEAR'S KT-TME:SPRING r^rrri' 1 AT the MOCN: 1 MORNING'S p>t seveN- jK^CtHsTr;— 31 IMC. HIU.-SiDC'S Deu-PeAKLED; vL ,S,4M J P^T r 11 THE. LARK'S Oi uj<NGi Jr "THE Snphl'S ow I C GOO's in wis HEWEN, I -r-ir Alls62 words
-
-
339 1990-08-22 28 Bernama JOHOR Chief Minister Tan Sri Haji Muhyiddin Yassin said after discussions with officials yesterday that they had concluded that the economic growth triangle involving the state, Batam and Singapore would benefit Johor in the long run. He added that JohorBernama - 339 words
-
434 1990-08-22 28 AFP AUSTRALIAN Treasurer Paul Keating yesterday announced a budget surplus of ASB.U billion (US$6.5 billion) for the coming year. He also confirmed press reports that "as from July 1991 unemployment benefits will cease to exist". The dole will be replaced by a short-term job searchAFP - 434 words
-
235 1990-08-22 28 Bernama MALAYSIA'S Cabinet committee on skilled labour has agreed to a proposal to set up an academy to turn out skilled workers. The Works Minister, Datuk Leo Moggie, said at a conference in Kuala Lumpur yesterday that the proposal to establish the Malaysian Construction Academy,Bernama - 235 words
-
Article, Illustration295 1990-08-22 28 AP PRESIDENT Corazon Aquino said yesterday that her four years heading the government have been turbulent, but boasted that she has succeeded in surviving against all odds. Mrs Aquino said that "enemies of democracy" have been plotting to topple herAP - 295 words
-
331 1990-08-22 28 Reuter THE US has called for an indefinite extension of a treaty banning the spread of nuclear weapons, due to expire in 1995. The chief US delegate at an international conference in Geneva reviewing how 141 countries are adhering to the 20-year-old NonProliferation TreatyReuter - 331 words
-
173 1990-08-22 28 AFP HONGKONG may scale down its mammoth new airport project by scrapping a rail link, officials said on Monday, amid Beijing's warnings against overspending by the British colony before it reverts to Chinese rule in 1997. The US$l6.3 billion price tag for the airportAFP - 173 words
-
287 1990-08-22 28 Reuter SOVIET FOREIGN trade organisations, whose late payments have caused Western creditors acute concern this year, have paid money owed to clients of British banks, bankers disclosed in London yesterday. But the bankers said they were taking a cautious attitude towards Moscow andReuter - 287 words
-
271 1990-08-22 28 Reuter TALKS between the US and Vietnam point to a resumption of bilateral trade, US Senator Richard Lugar said yesterday. "We're going to review our own notes and recollections but I think it does proceed towards (trade) normalisation/* he said inReuter - 271 words
-
Page 28 Advertisements
-
Advertisement253 1990-08-22 28 Baume Mercier GENEVE 1830 te f. jMy f--.: ffj* I ,111 fM, m V VV 1 1 1 I jf- fnifloll yywiyAAn H AGnVO I I -i- yViUIAAi JL v9tuiviU vmTio filuli lllld liilllUlv* I I Braised Shark's Fin With Seafood Mixed Seafood With King Prawn I **«7+*EJB In Thick253 words
-
Advertisement8 1990-08-22 28 Malaysia can take oa NICs: Mahathir, Pg 88 words
-
Advertisement250 1990-08-22 28 Baume Mercier GENEVE 1830 Arthur Andersen Associates is organising a Treasury Management Seminar designed to review concepts, discuss organisational issues and analyse comparative practices. Dr. Sam Srimvasulu, a U.S. based specialist in global treasury consulting and consultant to several leading MNCs, will be the course instructor. The details of the250 words
-