The Business Times, 20 October 1990
1990-10-20
1
30
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The Business Times
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Title Section11 1990-10-20 1 Business Times MCI (P) 170/12/89 Weekend Edition, October 20-21 1990 75*11 words
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NEWS & MARKETS SUMMARY
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70 1990-10-20 1 MYANMAR's military junU and leading Buddhist leaders were holding talks in Mandalay aimed at averting a major dash between the troops and monks, diplomats said yesterday. The junta delivered an ultimatum to church leaders on Thursday, giving them three days to have rebellious monks70 words
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Article42 1990-10-20 1 THE US stock market roee sharply yesterday morning, extending Thursday's rally as oil prices and interest rates receded. The Dow Jones average of 30 industrials climbed ***** to 2,483.91 at 10.30 am (1430 GMT) in the first hour of trading.42 words
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Article29 1990-10-20 1 LONDON share prices were higher at midday yesterday. At 1100 GMT, the Financial Times-Stock Exchange 100share index was up 9 points, or 0.4 per cent, at 2,091.6.29 words
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Article26 1990-10-20 1 $ONY plans to spend $448 million on parts and components in Singapore next year to gear up for increased production worldwide. Pfcgsl26 words
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Article25 1990-10-20 1 BARING Securities has clinched almost all of the top awards in a worldwide survey 'of international and domestic fund managers. Page 325 words
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Article36 1990-10-20 1 PRESIDENT Mikhail S Gorbachev's economic plan mailed through parliamentary committees on Thursday after a presidential adviser insisted it would not inhibit individual republics from creating free markets at their own pace. Pate 836 words
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Article, Illustration24 1990-10-20 1 Fritay BT-MGA 361.31 +13.56 Koala Lumpur ._476.79 7.35 Hongkong ...~~-2.99l.95 +41.43 24.4S1.49 +114.41 Syd£y 1,368.6 13.4 New York—JM5172 +64.85 London 1,6111 +17.324 words
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Article15 1990-10-20 1 USS SS 1.7065 Yen Sf 1.3614 MS 30,330 Overnight 6-13/16% +5/16 >montn 6-9/16 unch15 words
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Article31 1990-10-20 1 UainteM PM fix US$372.00 +US$4.15 SSTnov IS5.00*/kg +1.00 Mill Nov 237.50*/k| +0.50 KLIti Turnover 35 toona -1 Spot M$l6.l7/lcg -22 Cfwto pgfcn Turnover 557 loU -103 Nov M$6il /tonne -231 words
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Article508 1990-10-20 1 Lee Han Shih - Separate announcement says CEO has quit By Lee Han Shih CEREBOS Pacific yesterday dropped two bombshells on its shareholders, announcing a $25 million foreign exchange loss for the financial year ended July 31 and the resignation of its long time chid 1 executive John Bittleston.508 words
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423 1990-10-20 1 Run-up to Malaysian elections Reuter PICTURES of Malaysian opposition leader Tengku Razaleigh Hamzah wearing a tribal headdress with what appears to be an embroidered cross may return to haunt him in this weekend's general election. The pictures have been hotly debated in Malaysia, especiallyReuter - 423 words
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253 1990-10-20 1 OIL PRICES fell more than US$l during Far East trade yesterday after a senior Iraqi official said the world was looking for a peaceful settlement of the Gulf crisis. "The news just crushed the market," said a trader for a US investment house. Britain's253 words
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376 1990-10-20 1 Yong Pow Ang - Ministry eyes construction projects in third countries Fim Yong Pow Ang In BEIJING THE CHINESE Ministry of Commerce is keen to team up with Singapore companies to tender for construction projects in third countries. In an interview with BT yesterday, Commerce Minister Hu376 words
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259 1990-10-20 1 AFP THE US Senate approved a deficit-reduction budget early yesterday, paving the way for negotiations to begin with the House of Representatives and the administration over a compromise bill Negotiations were set to begin later yesterday. The bipartisan budget aims at spreading theAFP - 259 words
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Advertisement89 1990-10-20 1 V Nikon 'I" i t COVER SlnSteW |H|Vg fecnft SdNd* an CmmhMM 17 Offfc Cnmwort ail Fibre A Opiom IS HmhMms 2 W* Tokyo Stocks 13 Mata* Font Rata 16 KLSE 12 mm Owpr IMb ttll MwyMrtat IS IprfllM S NortNm S Mml Stock MhMs 14 £T_ HUI j*"" .189 words
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Advertisement20 1990-10-20 1 OPPgONS A place for trashy books. EL 2 i*>| r T.* 1 < Scapegoats for the SffE, More stories, Page 620 words
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Advertisement235 1990-10-20 1 PURSUITS Through a glass y HISTORY IN TIME Newton, automatic in 18 ct gold or gold/steel Planetarium Copernicus, individually numbered, handmade in 18 ct gold. Michelangelo, automatic tn 18 ct gold or gold/Heel Planetarium Copernicus The Planetarium bv Ulvsse Nardin combines with a pure The Planetarium indicates: universe with ,he235 words
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Advertisement7 1990-10-20 1 I FINANCE |Sffiu£S *.1 rig* urate. i7 words
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Advertisement13 1990-10-20 1 mem f '-tV 3 -!Li S (,2V p*W. M 'V A w*mr'w\ Ss13 words
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HOME NEWS
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NEWS ROUNDUP
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Article88 1990-10-20 2 SINGAPORE GENERAL HOSPITAL will reintroduce 157 'C class beds for subsidised patients, it said yesterday. The first phase of one ward with 40 beds for medical cases will be opened today. Another 117 beds under the second phase for medical and surgical cases are expected to88 words
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Article64 1990-10-20 2 THE CHAIRMAN of the Joint Staff Council of Japan's Self Defence Forces, General Taizo Terashima, met Acting Minister of Defence Dr Yeo Ning Hong and Lt-Gen Winston Choo during his four-day visit here. Gen Taizo was here at the invitation of Lt-Gen Winston Choo, the Chief64 words
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Article69 1990-10-20 2 THE Singapore Democratic Party supports the establishment of a politically neutral Malay organisation to represent the Malay community here, the party said in a statement. It said the recently-concluded Convention of Malay Professionals gave a mandate for such an organisation to be formed. SDP is69 words
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Article82 1990-10-20 2 NGEE ANN POLYTECHNIC has launched an industry joint training scheme with 159 companies to provide training for its students. Under this scheme, Ngee Ann will be committed to provide these companies with students for the Vacation Training Programme. The companies will be given priority if they82 words
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Article, Illustration347 1990-10-20 2 Claire Leow - By Claire Leow JAPANESE electronics giant Sony will spend $448 million on parts and components in Singapore next year to gear up for increased production worldwide, particularly in Europe. This is almost twice the $240 million spent by its international procurement office (IPO) here347 words
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274 1990-10-20 2 SWISS specialist contractor VSL, which has had a presence in Singapore for 20 years, is now aiming for an operational headquarters (OHQ) status for its Asian business. The VSL group, owned by leading Swiss construction group Losinger, will only make an application sometime next274 words
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244 1990-10-20 2 LEADING BUNKER barge owners and operators in Singapore have organised themselves into a self-regulating group under the umbrella of the Singapore National Shipping Association (SNSA). Formed this week at its inaugural general meeting, the new SNSA shipping group of bunker barge owners and244 words
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324 1990-10-20 2 SINGAPORE is already a 'multi-function poiis' (MFP), said Australian minister John Button yesterday, referring to the joint Australia-Japan project to turn Adelaide into a futuristic high-tech city. Addressing members of the Singapore-Australia Business Council at a lunch talk, the Australian Minister for Industry,324 words
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SHIPS IN PORT
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Article426 1990-10-20 2 laaad fcy* tan IiM fcy fc M laya Bersam M akmcafc 20.10/2300 Catanarca 2 3SW CIO 21.10/1200 2/8 JJ« 20 10/1100 iya 1/30 (P) K36 *Msdi 2110/2100 r*» «w t iiin/7W Shoqw 12 *MP* 20.10/2300 Km Bakto KSZ aongs*» Zi.lU/Zxw n j n .„;j, «m in/rm Kota426 words
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Article1046 1990-10-20 2 BECBWNC Of EXPOW Fg CONTMHB8 HMD LCt COCO fy BmHm/Mm* Mb Hi Hi Hb/Mr Mod Fran To fan Ma Bwm 63S 21/2245 3 20/0700 20/1159 20/1400 4 20/1200 20/1459 20/1700 Arnold Ms 9017 21/1000 2 19/1700 20/0(69 20/0900 3 20/0700 20/1159 20/1400 6 Bntonc 08N 22/2245 2 19/17001,046 words
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SINGAPORE – MALAYSIA COMPANY NEWS
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770 1990-10-20 3 Magdalene Ng - Local outfits find their place in Global Investor study too By Magdalene Ng BRITISH-BASED Baring Securities has swept almost all of the top awards for Asian research and deals done in a recent worldwide survey of international and domestic fund managers. The survey,770 words
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290 1990-10-20 3 Bernama PENGKALEN Holdings Bhd's proposed resort apart-ment-cum-hotel project in Port Dickson will cost about MS4S million and will be developed over three years from next year. Director Tajuddin J H Tan said that the hotel would be of four-star standard and that aBernama - 290 words
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Article589 1990-10-20 3 Prices (m at 11.10J0) C«mnkn*tm jdSSuS &P> Company taawd }fM Ln«* El* 7~"~7 Ciirinj* conw o?3S> s ttf r tsr mo imau I < C&CWl 37.5 0.896 3.400 1.00 3.09 17 3.80 26.4.83 30 Causeway Inv 72 0260 0.910 0.760 1.00 1.00 1.00 38 12 3.50589 words
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301 1990-10-20 3 Bernama DUTA Consolidated Bhd, which is implementing a revised equity and financial reconstruction scheme, says there is no difference in the valuation of the Newco shares to be issued to secured and unsecured creditors. Replying to a query from theBernama - 301 words
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275 1990-10-20 3 Amy Balan - By Amy Balan HOTEL MARCO Polo has turned in a sparkling set of interim results even as it gears up for its massive $600million retail-office project at the Paterson Road/Orchard Road junction. Thanks to higher occupancy and higher room rates,275 words
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Article229 1990-10-20 3 Bernama THE Lien Hoc Corp Bhd group is expected to turn around in 1990 with the strengthening property markets improving its rental income, especially in Johor Barn where it recently acquired two major commercial and retail properties. In his annual statement, Lien Hoe Corp chairmanBernama - 229 words
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COMPANY BRIEFS
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Article196 1990-10-20 3 MYCOM Bhd has finally completed its acquisition of. 39.8 million shares of Msl each in Lotteries Corporation (Sabah) Sdn Bhd for $140,741 million. Amanah Merchant Bank Bhd said on behalf of Mycom on Thursday that this followed a successful application by the company to the196 words
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Article39 1990-10-20 3 UNITED Overseas Bank subsidiary, United Overseas Finance, opens a branch in Teck Whye Lane today. The services provided include housing loans, stocks and shares financing, car loans, hire purchase, leasing and the Small Industries Finance Scheme.39 words
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Article71 1990-10-20 3 AT THE CLOSE of the takeover offer for Sunshine Allied Investments on Oct 18, Welland Investments, which is making the offer, had received 2.46 million shares representing 23.8 per cent of Sunshine's issued capital. Welland is the wholly-owned subsidiary of London-based food group Grand Central Investment71 words
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Article29 1990-10-20 3 THE ISSUED and paid-up capital of Oversea-Chinese Banking Corporation was $594.77 million as at Sep 30 as a result of the exercise of Warrants *95.29 words
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Article36 1990-10-20 3 MBf Holdings' shares will be traded ex-rights from Oct 30 on Clon International. The books closure date is Nov 13. The company recently had a 9 for 10 rights issue.36 words
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Article26 1990-10-20 3 TAT LEE Bank shares will merge with Tat Lee Bank shares and cease to be quoted separately from Oct 30.26 words
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Article55 1990-10-20 3 GOLDEN HOPE Plantations Bhd says Permodalan Nasional Berhad has acquired an additional 20,000 ordinary shares in the company for M 542,381 on Sep 11 and 12, thus raising PNB's holding in Golden Hope to 108.57 million ordinary shares or 12.83 per cent of the issued55 words
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Advertisement105 1990-10-20 3 FOR WHO, WHAT, WHERE AHD WHEH t ill THE MARKET. ADVERTISING MARKETING, in BUSINESS TIMES every Thursday, covers a vital sector of the economy comprising the country's communications muscle. The page monitors business developments and the players in both international and Singaporean advertising agencies; it charts and reports on trends105 words
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Advertisement321 1990-10-20 4 I D^< s bu !!l s mv m ■■HB V dot tt^onmV^ e heha dto K takeTnefot toldbl{ n tha K| l heart surgery-J*® Da ddy s Vt have n eal 0 Vviinrv- W aC r, £?s w IHfISBB v tmal We're ance•*ii j.«'Mfn l V*"'Wf 1 v < 5?321 words
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COMPANY NEWS
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582 1990-10-20 5 NYT THE Mobil Oil Corp said on Thursday that it had settled a lawsuit directed at its refinery in suburban Los Angeles by agreeing to reformulate a highly toxic acid used in the plant or ban its use and to allow inspectionsNYT - 582 words
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297 1990-10-20 5 Reuter RH MACY CO's losses widened in fiscal 1990, reflecting last winter's poor Christmas season and somewhat weaker-than-expected sales at the debt-burdened retailer in May, June and July, persons with knowledge of the company said. Macy had losses totalling U*****.3 million for theReuter - 297 words
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271 1990-10-20 5 ANGRY securities regulators in Hongkong have accused the Jardines group of carefully orchestrating a campaign of criticism against them and the Government. Thursday's South China Morning Post report said that regulators believed the attack originated from Jardines' London office. In a hard-hitting state- ment,271 words
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Article, Illustration457 1990-10-20 5 Now that the triangle objective has been met, what next? asks DBS Bank in this week's analysis USS/DM: The bullish divergence on the daily Stochastics last Friday worked briefly as the dollar traded higher to 1.5280 in the earty part of the week. Selling457 words
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Advertisement1220 1990-10-20 5 ,o*«' 1 f ze tl LIMITED RESULTS FOR THE YEAR ENDED 31 JULY 1990 The Directors are plsaisd to announce the audited results of the Group and tha Company tor tw year ended 31 July 1990: QWOUP COMPANY 1900 1009 1990 1009 81*000 81*000 81*000 ***** Turnover at 1988/89 Exchange1,220 words
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THE REGION
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NOTE BOOK
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97 1990-10-20 6 RENEWED FIGHTING between government troops and Cambodian guerillas has broken out in various parts of the country in the last few days, informed sources said in Phnom Penh yesterday. Fierce fighting took place between the government troops and the Khmer Rouge in mid-week in97 words
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Article97 1990-10-20 6 SOUTH KOREAN Prime Minister Kang Young-Hoon left the North Korean capital yesterday with a pledge to work toward* an inter-Korean summit meeting, officials said in Seoul yesterday. Mr Kang and six other delegates from the South ended a four-day visit to Pyongyang that was highlighted97 words
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Article124 1990-10-20 6 JAPANESE monetary authorities plan to closely monitor future developments in currency markets following the yen's recent surge against the dollar, a Finance Ministry official was guoted as saying in Tokyo on Thursday. "We need to watch future moves carefully,** the official reportedly said. But he124 words
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Article71 1990-10-20 6 HONGKONG*s Secretary for Transport said the toll for crossing the Lantau link to the future Chek Lap Kok airport would not be HK$2OO round trip, South China Morning Post said on Thursday. Michael Leung Man-kin, speaking at the third day of talks with the visiting71 words
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Article84 1990-10-20 6 SOUTH KOREA and China will exchange "non-governmen-tal** trade missions with consular duties this week, Foreign Ministry Choi Ho-Joong said in Seoul yesterday. The agreement will be signed today in Beijing by Lee Sun-Ki, president of the state-run Korea Trade Promotion Corporation (Kotra) and Zheng Hongye, the84 words
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Article72 1990-10-20 6 HONGKONG should be anticipating a rise in the number of bankruptcies, according to the chairman of the Protection of Wages on Insolvency Fund Board, South China Morning Post said on Thursday. In presenting the board's 1989-90 annual report, chairman Chung Pui-lam said although the fund72 words
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Article85 1990-10-20 6 THE US and Thailand have "narrowed differences" in another round of their 18-month-old negotiations on opening the Thai market to US brand cigarettes, a US spokesman said in Washington. Ambassador Carta Hills, the US trade representative, meanwhile said US negotiators are not pressing the US tobacco85 words
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Article, Illustration509 1990-10-20 6 David Chew - Run-up to the Malaysian elections Frta David Chew in KUALA LUMPUR THE STRATEGY of the United Malays National Organisation (Umno) in appealing to Islam and Malay unity in the final days of campaigning before Malaysians go to the polls this weekend is beginning to509 words
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651 1990-10-20 6 Shoeb Kagda - Frow Shoeb Kagda in KUCHING THE NATIONAL FRONT coalition is expected to win at least two-thirds of the 26 parliamentary seats in Sarawak when voters go to the polls today and tomorrow. Its four constituent parties Parti Pesaka Bumiputra Bersatu651 words
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442 1990-10-20 6 Reuter THE US House of Representatives voted on Thursday to overturn President George Bush's decision to continue favourable tariff treatment for Chinese exports for another year and approved a bill imposing strict human rights conditions next year. The 247-174 vote to denyReuter - 442 words
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210 1990-10-20 6 Reuter MARUEY Phadoongsidhi has abruptly tendered his resignation as president of the Securities Exchange of Thailand (SET), apparently over policy differences with a senior Finance Ministry official, exchange sources said yesterday. They said Mr Maruey's resignation was handed to SET chairman Aran Thammano beforeReuter - 210 words
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384 1990-10-20 6 Reuter IftDIA has shown critics it can put its fiscal house in order with politically difficult measures to cope with the oil crisis, Finance Secretary Bimal Jalan says. The government raised domestic oil prices by 25 per cent last weekend and cutReuter - 384 words
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Article, Illustration410 1990-10-20 6 Reuter BOTH political parties say they want it, the Reserve Bank is legally bound to it, but do New Zealanders have the guts to crush inflation once and for all? With a dismal economic outlook dominating the election campaign, analysts wonder how longReuter - 410 words
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Advertisement37 1990-10-20 6 PERSIANS CHINESE Woollen AMIRGSONS ltd PAKISTAN CHINESE Silk #03-01 Lucky Plaza, 304 Orchard Road, Singapore 0923. Tel: *****83 *****12. Fax: *****35. AFGHANS Old KELIMS WEEKDAYS: 10am 7pm SATURDAYS: 10am Bpm SUNDAYS CLOSED j Rumanian Kashmir Silk BSgSifßBHsEßj»wa»gmf<MaggSHEtsnnggHßaM37 words
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Advertisement126 1990-10-20 7 fmJ,L |l L JKI IQSi 9 m=m £L \mm m& 4 SSt&r ,JMMtatiKP***»*V I ivr i •n i ,r ~j i»B 9M M Ml r®Tl4 PB In 1 I r|Bi^ I i jL k j| ft. jMIPI t I d *wl I swjm^Jbßp^ i-^ p- i I I J9r AH126 words
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THE WORLD
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WORLD WATCH
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84 1990-10-20 8 PRESIDENT Hosni Mubarak said on Thursday that almost all of Egypt's debts to Arab countries have been written off and expressed hope that the US congress will forgive his country's US$6.7 billion military debt. Mr Mubarak said that since the Aug 2 Iraqi84 words
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Article101 1990-10-20 8 A EUROPEAN Community official said that the European Commission would push its plans to open the EC automobile market to more imports from Japan. EC commission's vice-president for industrial affairs Martin Bangemann said that imposing EC quotas on Japanese cars "would be synonymous with101 words
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Article130 1990-10-20 8 EC COMMISSION president Jacques Delors welcomed German Chancellor Helmut Kohl's view that the European Community nations should agree to create an EC central bank on Jan 1, 1994. Mr Delors said Mr Kohl's comments on French television gave political impetus to his three-stage plan for turning130 words
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Article114 1990-10-20 8 BRITAIN'S ruling Conservative Party lost a parliamentary by-election yesterday in what was regarded as a safe seat in the seaside retirement town of Eastbourne, which it had held since World War 11. In a major swing against the Tories, Liberal-Democrat candidate David Beltotti, 47, was elected with114 words
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Article117 1990-10-20 8 FORMER East German leader Erich Honecker has said that he is ready to stand trial for embezzlement and issuing orders to border guards to shoot to kill persons fleeing East Germany, the magazine Stern reported on Thursday, quoting friends of Mr Honecker who had visited117 words
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Article111 1990-10-20 8 PRESIDENT George Bush, without fanfare, has signed ratification documents for the treaty formally ending the postWorld War II division of Germany. The treaty had been signed on Sep 12 in Moscow by Britain, France, the Soviet Union, the United States and East and West Germany. It111 words
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Article62 1990-10-20 8 SOVIET scientists have discovered the world's lightest alloy, the official Tass news agency said. It said the alloy, made by combining magnum and lithium with aluminium alloy, was already being used to make the fuselages of advanced MiG fighter aircraft. The aircraft industry had previously used62 words
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Article401 1990-10-20 8 Republics assured of freedom to set pace for economic reforms NYT PRESIDENT Gorbachev's economic plan sailed through parliamentary committees on Thursday after a presidential adviser insisted it would not inhibit individual republics from creating free markets at their own pace. Abel G Aganbegyan, an economist whoNYT - 401 words
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Article, Illustration46 1990-10-20 8 US Defence Secretary Dick Cheney peering through binoculars as Soviet Defence Minister Dmitri Yazov looked on during their visit to Tula airbase in the Soviet Union on Thursday. Mr Cheney was watching the training of elite Soviet airborne troops. Reuter photoReuter photo - 46 words
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Article, Illustration349 1990-10-20 8 Reuter CHANCELLOR of the Exchequer John warned on Thursday that the British economy may face a difficult year. Wage-earners woukl price themselves out of work in a competitive Europe, unless trade unions moderated pay claims, he said. In a keynote speech,Reuter - 349 words
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370 1990-10-20 8 Reuter WITH an agreement on world trade in the 21st Century at stake, the European Community executive com- mission is caught between its trading partners' demands for sharp cuts in farm subsidies and the needs of its 10 million farmers. Farm subsidies, aReuter - 370 words
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400 1990-10-20 8 The Gulf Crisis AP WASHINGTON is pushing a new UN Security Council resolution that threatens Iraq with increased sanctions if it doesn't stop "murdering, mistreating and oppressing" Kuwaitis and free ail foreign hostages. The resolution threatens Baghdad with "further enforcement measures"AP - 400 words
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203 1990-10-20 8 NYT A MINISTERIAL meeting of the 21-nation Arab League was thrown into disarray on Thursday after the Palestine Liberation Organisation led a walkout to protest against the refusal of a majority to condemn US policy towards Palestinians. The closed-door meeting later resumed andNYT - 203 words
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365 1990-10-20 8 NYT PLEDGING to help Eastern European countries cope with the rising energy costs resulting from the Persian Gulf crisis, President Bush said on Thursday that he would work to arrange an additional US$5 billion in international loans to those financially strapped nations. InNYT - 365 words
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Advertisement212 1990-10-20 8 MORTGAGEE'S SALE BYI PUBLIC AUCTION I Including (1) 1979 "China" INCLINEABLE POWER PRESS, (2) "China" Model J23-16-16Ton J23-25-25-Ton INCLINEABLE POWER PRESS, (1) 1976 "Shanghai" 150-Ton VERTICAL COMPRESSION MOULDING MACHINE, (1) 1981 "Nil GAT A" STN 75 AE 75-Ton INJECTION MOULDING MACHINE, (2) 1982 "NIIGATA" STN 101 AE 100-Ton PLASTIC INJECTION212 words
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Advertisement215 1990-10-20 9 Telex Wl address. 1 'owSS# 6 o Q e basis. ir I Dear Co®W« ne,s ted ,n trom S* oto0 t0 $15 W ,me telephone mP to W itn P lem lrt of a minute iLjentiat l,oo a detailed study 1 'J1 reduced* V decision oa c\nqW ♦ntal \e\eph°° e215 words
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STOCK EXCHANGE OF SINGAPORE 1
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Article, Illustration4285 1990-10-20 10 Diana Oon - By Diana Oon PRICES ON THE local bourse rallied for the second day in a row on stronger overnight gains on Wall Street and a week-long improved performance on the Tokyo stock market. The Straits Times Industrials Index of 30 Singapore blue-chips chalked up4,285 words
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Article3821 1990-10-20 11 Hfljjn Board DBS Foreign 923 +75 +8.8* SIA Foreign 1330 +50 +3.8* UOB Foreign 543 +45 +9.0* Keppet Corpn 575 +35 +6.5* GE Life 1270 30 2.4* DBS 190+30 +3.5* NatSted 630 30 5.0* Semb Shipyard 434 30 7.4* OCBC Foreign 710 +25 +3.6* FAN3,821 words
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KUALA LUMPUR STOCK EXCHANGE
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Article, Illustration3681 1990-10-20 12 Bernama, Reuter MALAYSIAN share prices closed higher across the board yesterday as the rallies in major overseas bourses prompted bargain-hunting, especially by small investors. The KLSE Composite Index rose 7.3S points, or 1.6 per cent, to 476.79 while the Industrial Index rose 10.24 points to 960.33.Bernama,; Reuter - 3,681 words
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Advertisement432 1990-10-20 12 THE HIGHEST honours accorded to BUSINESS ACHIEVERS 1 i^B^siness^wards Business Times 1* 4 I In 1965, Business Times, Singapore's business daily, and the leading air express company, DHL Worldwide Express, came together to organize an awaird scheme to honour Singapore's roost successful businessman. In the years before, public recognition for432 words
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TOKYO STOCK EXCHANGE
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Article, Illustration2229 1990-10-20 13 Reuter TOKYO stocks closed firmer yesterday as the yen's continued strength and firmer bond prices lured droves of investors from Japan and abroad back into the market. Trade was very active with 1.1 billion shares changing hands on the third anniversary inReuter - 2,229 words
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STOCK EXCHANGE OF HONGKONG
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Article, Illustration2335 1990-10-20 13 SHARE prices on the Hongkong Stock Exchange dosed sharply higher in moderate trading yesterday. The Hang Seng Index, the market's key indicator of blue chips, rose 41.43 points, dosing at 2,991.95. Turnover totalled HKSI.OB3 billion (US$l3B million), up from Thursday's HKS7972,335 words
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REGIONAL STOCK MARKETS
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Aussie stocks hold on to initial gains
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Article912 1990-10-20 14 THE Australian share market closed firmer yesterday after battling to hold early gains. Brokers said the strong initial support for leading stocks dwindled as traders withdrew from open positions in the afternoon. "It was the end of a very good week, but brokers decided they would rather sleep at912 words
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Article84 1990-10-20 14 CWM PTHIsm Oct 19 SYDNEY All Ordinaries Index 1,368.6 1,355.2 +13.4 AH InduMriab Index 2,076.7 2052.1 +24.6 All Resources Index 821.9 816.7 +3.2 Turnover (million) 74.98 83.97 -8.99 BAHCKOK SET Index ***** 649.28 2.88 Turnover (million) NA 1,012 Mjuum Composite Index 396.98. ***** .1.58 Turnover (nearest "000) NA NA MAMUl84 words
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Article695 1990-10-20 14 THAI stocks closed mixed in directionless trade with investors taking a cautious note on the reported resignation of SET president Maruey Phadoongsidhi, and despite advances in Wall Street and Tokyo, brokers said. The SET Index ended 2.88 points higher at 652.16. Bangkok Bank rose two baht to 315. Siam695 words
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Article534 1990-10-20 14 PHILIPPINE shares closed generally higher as buyers speculated in oils ahead of drilling projects later this month. The speculation inspired trading in mining and commercial/industrial shares as well, brokers said. "The market has been waiting for news like this, or just anything to perk it up from the depression534 words
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Article820 1990-10-20 14 SEOUL stocks barrelled towards the 700 mark in active morning trade, crossing 670 in the first ten minutes and vaulting 680 in mid-morning, brokers said. The composite stock index was up 18.95 points to 685.51 near the close of the early session, with volume the highest for many months820 words
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Article346 1990-10-20 14 local uwacy la SI la US| fay year fay yaw fay yaar Oct 18 Ma chaage chaage chaage chaage <*—■« dmm World 351.6 1.7 -24.4 0.6 -26.5 1.3 -It. I $EAFE 478.2 1.5 -29.8 0.6 -28.2 IJ -20.0 Europe 371.3 1.0 -17.6 -0.1 -141 0.6 -4.3 Pacific 795.3 1.8 -37.2346 words
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Article410 1990-10-20 14 TAIWAN stocks finished slightly higher yesterday after indecisive investors kept the index bobbing back and forth all day, dealers said. The weighted index gained 25.79 points, or 0.89 per cent, to finish at 2,916.90 compared with Thursday's 2,891.11 close. Turnover surged to NTS 33 billion from NT526.17 billion. Dealers410 words
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Article337 1990-10-20 14 LEADING shares potted solid guns ss the New Zealand share market cootio-.. ued to rally in morning trade in line with a firmer Wall Street. The Barclays estimate rose 29.43'* points to 1,442.75. There were 22 rises and five falls on turnover of 5.45 million shares worth NZ$B.O3337 words
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Article629 1990-10-20 14 Reuter JAKARTA slocks dosed mixed yester- day, with the oomposite index easing 1.58 points to 396.98. The market in (enend is still directionless," one broker said. On the big board Rig Tenders rose 550 rupiah to 2,100 on turnover of 350,000 shares. Gudang Oaram dosed" 200 rupiah higher atReuter - 629 words
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Page 14 Advertisements
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Advertisement10 1990-10-20 14 •firm Managers must manage. >£ BT shows you how every Monday.10 words
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WORLD STOCK MARKETS
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Dow gains 64 points in brisk trading
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Article, Illustration1079 1990-10-20 15 BLUE chip stocks soared on Thursday, thanks in part to a drop in oil prices, with the Dow Jones index of leading industrials closing more than 60 points higher. <The Dow gained 64.85 points to dose at 2,452.72. Trading was brisk with 204 million shares changing hands on1,079 words
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Article, Illustration745 1990-10-20 15 UK STOCKS recovered early losses to show small gains in quiet midsession trading yesterday as buying emerged. The big dollar-earners were the main targets, dealers said. Earlier, the market had slipped on the lower pound and Chancellor John Major's Mansion House warning of a probable overshoot in public expenditure745 words
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Article320 1990-10-20 15 DUTCH shares continued firmer but off their mid-morning highs in thin midsession trading yesterday, in line with the London and Frankfurt markets, dealers said. TTie CBS tendency index was up 0.3 points at 97.7 after it had peaked earlier at 98.2. Traders said option-related trade had been limited so320 words
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Article79 1990-10-20 15 Oct II Claw Pwii— NEW YORK Dow Jono 2,452.72 2,317.17 +64.13 NYSE Financial 106.73 104.49 +2.24 SAP 300 303.74. 29S.76 +6.9S Turnover (million) 204 161.14 +4116 L0N00N Financial Time* 30 1,618.1 1,600.11 +17.3 FTSE 100 2,012.6 2,061.02 +14.6 Turnover (million) NA 345.9 AMSTERDAM CBS Tendency Index 97.4 95.6 +IJ FRANKFURT79 words
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Article165 1990-10-20 15 WEST GERMAN share prices were rising in livdy pre-bourse trading yesterday, hdped by higher prices on Wall Street and in Tokyo. The continued improvement in German bond prices along with the retreat in oil prices were also giving shares a boost, dealers said. On Thursday, the 30-share DAX index165 words
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Article244 1990-10-20 15 TRADING renewed on the Milan exchange with sharp gains inspired by the strong performance of other bourses and lower oil prices after yesterday's closure due to a strike by floor traders. The MIB index was 1.6 per cent up at 1000 GMT with the underlying trend pointing to a244 words
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Article166 1990-10-20 15 BELGIAN stocks opened mainly higher but volume was thin and price gains were not as strong as on other markets, dealers said. "We hoped for more movement," said one trader. He said the market's usual pre-weekend calm coupled with settlement day on Monday for forward market transactions kept many166 words
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Article206 1990-10-20 15 FRENCH share prices were quoted slightly lower at midday as operators decided to sell at the higher levels resulting from recent weaker oil prices, defers said. The CAC-40 index stood at 1,644.16 by 1150 GMT, down 3.51 francs from last rnght'j close. Michdin was amongst the hardesthit stock, falling206 words
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Article358 1990-10-20 15 JOHANNESBURG gold shares gave up most of their morning gains during the afternoon on Thursday in tandem with world bullion prices, which briefly rallied to US$37O an ounce before easing back again on nervous markets, dealers M Heavyweight gold share Southvaal dosed unchanged at 95 rand after rising to358 words
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Article94 1990-10-20 15 PRICES on the Stockholm bourse were mixed in cautious early trade yesterday, with blue chip shares rising in line with gains on foreign markets, dealers said. But they said players were disappointed that the Social Democratic government did not reveal on Thursday, what measures it win take next week94 words
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Article202 1990-10-20 15 TORONTO stocks closed higher in light trade, following a strong performance on Wall Street, analysts said. "The market showed good recovery and' significant resilience, although in reduced volumes," Fred Ketchea, chief" trader with ScotiaMcLeod Inc, said. The composite index rose 36.6 to 3,060.0 on volume of 60.3 million shares.202 words
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Article273 1990-10-20 15 Reuter SWISS shares opened higher in faiiiy active trading, after Wall Street's sharp gain overnight as interest continued inselected blue chips, dealers said. The SMI index of leading share* roae 9.0 points or 0.61 per cent to 1,479.4 after the first 25 minutes of trading. Chemicals Ciba-Geigy, Sandoz and"Reuter - 273 words
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Article45 1990-10-20 15 Vienna Oct IS Aach Akg Holding 3790 unch E ADtem (PreO ***** +400 Jungbunzl. 9780 unch Laendofcank (PreO 505 unch Lenzing 1260 +23 Leykam 435 +17 Montana ***** +200 Ocaterr Brau 3650 -98 Semperit 127 +1 Steyr 155 +6 Veitacher 770 +10 Source: Austrian Laenderbank45 words
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Page 15 Advertisements
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CURRENCY, MONEY & FUTURES MARKETS
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1257 1990-10-20 16 FOREX MARKET REPORTS THE US dollar ended nearly one yen higher in Tokyo above its New York close on short-covering prompted by fears that the US Federal Reserve will act to stem the dollar's fall. News that Western diplomats said1,257 words
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Article395 1990-10-20 16 Cross rates oan USS SS MS Dm Yen SFr AJ NZS USS 1.7040 2.6925 I.492S 124.4S 0.5081 1.2560 1.2962 1.6556 SS 0.5869 1.5801 0.8759 0.7303 0.2982 0.7371 0.7607 0.9716 MS 0.3714 63.29 0.5543 0.4622 0.1887 0.4665 0.4814 0.6149 Dm 0.6700 1.1417 1.8040 83.38 0.3405 0.8415 0.8685 1.1093395 words
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Article564 1990-10-20 16 Interbank rates S> Bid Ofltf Overnight 6 13/16 6 15/16 1-month 6 9/16 6 11/16 2-month 6 9/16 6 11/16 3-month 6 9/16 6 11/16 Overnight mode 6-3/4 LSI Bid Offer 7 days 8 1/8 8 1/4 1 month 8 1/8 8 1/4 2 months 8 1/8 8564 words
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698 1990-10-20 16 Reuter ALMOST every economist with a view on sterling's purchasing power parity (PPP) against the mark gives a different estimate. But the majority believe that the British currency's central rate of 2.95 marks in the exchange rate mechanism of the European Monetary SystemReuter - 698 words
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Article1191 1990-10-20 16 E EX EUMOOILM Open High Low Sett Est Vol Op/lnt Vol Dec 9< 92.00 92.04 91.98 91.99 9623 ***** 4825 Mar 9 1 92.15 92.18 9114 9115 5060 9756 2861 Jun 91 9113 9117 92.13 92.14 1250 3518 447 Sep 91 92.01 92.04 9101 9103 360 749 1201,191 words
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Page 16 Advertisements
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COMMODITIES
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286 1990-10-20 17 AP WORLD PRODUCERS are -i. replacing lost Iraqi and Kuwaiti oil foster than expected, with the shortfall projected to be less than one per cent by December, the US Energy Department says. The loss of oil due to theAP - 286 words
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430 1990-10-20 17 Reuter BELIEF is growing in the US that gold prices established a base on Tuesday. With the benefit of hindsight and a reminder late Thursday that I Mideast tensions remain a factor many traders now believe Tuesday was a pivotalReuter - 430 words
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826 1990-10-20 17 REPORTS THE PRICE of tin on the Kuala Lumpur Tin Market fell another 22 sen to M 516.17 a kg in light trading yesterday. Dealers said miners hdd back their metal as the price was low and retreated to the sidelines to wait for826 words
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Article1282 1990-10-20 17 Rubber Oct t9 m<h»htafce) Sccnu/lg Noon Ckxe Int I RSS Prompt I53.2VI54.25N I55.00/156.00N lot I RSS No* 90 153.2V 154.2} 155.00/156.00N tat I RSS Dgc 152.25/152.75 154.2VI54.75N tat 2 RSS OP l49.0(yi31.00N 150.2VI J2.25N IM 3 RSS OP 144.50/146. SON 145.7VI47.75N lot 4 RSS OP 140.50/142.50N 14l.7VI43.75N tat 31,282 words
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Page 17 Advertisements
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Advertisement9 1990-10-20 17 Managers must manage. BT shows you how every Monday.9 words
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Advertisement756 1990-10-20 17 NOTICES NOTICE NOTICE IS HEREBY GIVEN that, I, Chua Ah Gi of Blk 349 Woodlands Ave 3, #13-59, Singapore (2573), have applied for a Retail Beer Shop licence in respect of premises at M/s Poh Lee Heng Store at Blk 349,101-Kl, Woodlands Ave 3, Singapore (2573), and that this application756 words
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Advertisement5 1990-10-20 17 Technology in BT every Tuesday5 words
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Article, Illustration427 1990-10-20 18 Harish Mehta - Clearing house to be set up By Harish Mehta 'INDIANA' Ford, Panama's swashbuckling vice-president, is looking into the possibility of awarding a multi-million doHar contract to local company BCS Information Systems (BCSIS) to set up a clearing house in Panama. Vice-President Guillermo Focd last427 words
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292 1990-10-20 18 PANAMA'S Vice-President 'Indiana 1 Guillermo Ford was in Singapore on an economic mission when he received news of an unsuccessful coup attempt in his country in the early hours of yesterday morning. Mr Ford said he was woken up early292 words
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Article443 1990-10-20 18 Indian temple row creates fears of Hindu-Muslim violence Reuter INDIA'S Hindu revivalist party chief rebuffed fresh attempts yesterday to find a compromise in a row over a disputed religious site despite a warning he was "playing with the future of the nation". Lai Krishan Advani saidReuter - 443 words
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291 1990-10-20 18 Anna Teo - By Anna Teo TO MEET growing regional demand, Swiss pharmaceuticals and specialty chemicals giant Ciba-Geipy will be spending $12 million to upgrade and expand the laboratories and warehouse at its Jurong plant. .The expansion will bring to $22 million Ciba-Geigy's total investment291 words
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338 1990-10-20 18 AN EROSION of the legendary culture of bourgeois solidity, excellent craftsmanship and dedication to work, and a growing riskaversion among the people it is these rather than any external factor that pose the biggest threats to the Swiss economy, said a leading Swiss industrialist338 words
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347 1990-10-20 18 The Gulf Crisis US SECRETARY of State James Baker said he thought Washington's Arab allies in the Gulf would join an attack on Iraq if a decision was made to go to war. Asked about the effectiveness of the blockade, Mr Baker347 words
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249 1990-10-20 18 AP PRESIDENT Conzon Aquino yesterday launched a major agro-industrial project that she said will serve as a model for regional economic development and put the Philippines on the road to progress. The project includes rail, road and port construction, firuit production,AP - 249 words
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Page 18 Advertisements
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Advertisement4 1990-10-20 18 sAcchi*) (iciinine Leather Colleeiion4 words
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Advertisement85 1990-10-20 18 SACChi) <n timiu I «tilln i i'l/t i nun im f A V f* f 8; S•- jm- 4p|^VpllSlli *■> N Jj& <4f^SS SJ .iSBBkJSF m j^| JF *4/ fl| I ifc w 9 3jt 1 Iflßß 2 I 1 I Bl jB B p£ll H 1H HH A 185 words
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Advertisement17 1990-10-20 18 US pashm to widen scope of sanction*, Pg S •A ilgl Mil fctUS fiaandal Bankets, HL S17 words
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Executive Lifestyle
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Article, Illustration1229 1990-10-20 19 Samuel Ee - We want Asians. This is not an Australian immigration poster, but the marketing strategy of Perth's Burswood Resort Casino, which banks on such high rollers for its hit profits. Samuel Ee finds out from the horse's mouth why. Samuel Ee *rUESTION: WHERE in M Western1,229 words
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STRAWS IN THE WIND
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Article78 1990-10-20 19 ACCORDING to the South China Morning Post, a custom izer of stretch limousines recently introduced models which oome with special security buttons in the boot This is because people who own such cars tend to get kidnapped, stuffed in the boot at their own car and driven off.78 words
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Article68 1990-10-20 19 IF YOU think our weather is hot, think about the folks in Nebraska in the United States, where farmers had to feed their chickens cracked ice to keep them from laying hard-boiled eggs. And that's not aIL An lowa farmer says the sun was so intense one day,68 words
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Article50 1990-10-20 19 HERFs a bit of trivia: the number 1128 (which stands for Nov 28, the date when the PM is stepping aside for Goh Chok Toog) was sold out in 15 minutes flat at the 4-D agents. Meanwhile, the number 2811 took the see- ood prize on Oct 7.50 words
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Article27 1990-10-20 19 A FORMER JOURNALIST who now works part-time it her husband's company says she's being paid moiv ey. "Because Tm in danger of dying of boredom!"27 words
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OPINIONS
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1125 1990-10-20 20 Andrea Borch - Andrea Borch on the American budget deficit and what it says about the elected representatives of the people Andrea Borch The writer, an American, works on* the Foreign Desk of BTI THESE days, Americans ought to be looking in amazement at1,125 words
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Article, Illustration1182 1990-10-20 20 Tan Tarn How - Tan Tarn How argues that a diet of pulp fiction is not always bad Tan Tarn How The writer contributes occasionally to BT on politics and literature THE local publishing scene has seen a mini-boom, with a record number of homebrewed works hitting the bookshelves1,182 words
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Article889 1990-10-20 20 Genevieve Cua - Genevieve Cua makes an appeal to investors Genevieve Cua The writer, a Filipino, is a BT reporter ITS not easy to be a Filipino. Oh yes, there is natural pride in being put of a musical, artistic heritage. Even in Singapore, one need not look far889 words
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LIFESTYLE 1
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Article, Illustration808 1990-10-20 21 Cassandra How - Cassandra How strolls around 51 Neil Road and discovers that while it might fit a tourist's image of Singapore, old residents of Tanjong Pagar might have difficulty living there today Cassandra How The hungry ghost festival is over, but there's still one running808 words
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Article, Illustration555 1990-10-20 21 Ringo Liew - CD REVIEW By Ringo Liew EVERYDAY PEOPLE: You Wash ...I'll Dry Once in a while comes a band with the courage to tackle teal life, the imagination to give voice to its thoughts creatively and the intelligence to make it work. Everyday555 words
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Article, Illustration551 1990-10-20 21 Paul Ramani - Kool and the Gang promised music for the 90s but Paul Ramani couldn't help thinking the group and its audience preferred the old favourites Paul Ramani WHY did Robert Bell give himself the nickname 'KooT? Maybe it was better than calling himself "Rat-face",551 words
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Article, Illustration606 1990-10-20 23 The British, who gave the world afternoon tea, are abandoning their national drink, say recent surveys IT WAS LATE afternoon just about tea time at the Mayfair Buttery Restaurant half a block off Piccadilly when Nanette Perdoni, pen and pad in hand, arrived at the table.606 words
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Article, Illustration723 1990-10-20 23 N K Yong - WINE By N K Yong THE image of German wine as a wine with near-impossible wine labels and altogether a bit too sweet for drinking with food is being tackled with great seriousness at source, by none other than the producers themselves. Concerned723 words
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Article, Illustration532 1990-10-20 23 Tan Boon Tiong - BRIDGE By Tan Boon Tiong IN THE final round of the 4th Singapore Inter Gub Bridge League played last week Keppel beat NUSS 'A' 25-5 to win the championship for 1990, with 66 VPs. NUSS 'A' came in second with 41 VPs. Despite losing532 words
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Article250 1990-10-20 23 Making a good cup of tea is neither difficult nor particularly time consuming, according to Eugene Hayes, tea buyer for the exclusive London department store Fortnum Mason. The first rule of thumb, he said, is to abandon the tea bag. "You definitely don't get a250 words
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EPICURE
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Article, Illustration300 1990-10-20 22 Quek Swee Peng - Quek Swee Peng on a Macanese specialty from the Portuguese old colony of Mozambique Quek Swee Peng ITS REAL NAME it Frangi Picante a Macau. Literally translated, it means African Chicken. The recipe of this chillied chicken owes its origins to Portuguese adventurers who brought along their300 words
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Article248 1990-10-20 22 IT WAS a most ununusal offering: roast saddle of hare in red wine and bitter chocolate sauce. Chocolate in the main course? It turned out less fearsome than expected. Sweet, spicy and bitter, the sauce overpowered the hare strips which were neatly placed in the middle, surrounded248 words
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PURSUITS
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Article, Illustration912 1990-10-20 24 Quek Swee Peng - Auction house Sotheby's, reports Quek Swee Peng, is holding its first jadeite jewellery exhibition in Singapore Quek Swee Peng w "w y HILE dia_ A monds and gold have Wr Wf joined the T investment network of stocks and shares, jade remains a relatively lowprofiled commodity.912 words
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PERSONAL FINANCE & INVESTMENT 1
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Article, Illustration970 1990-10-20 25 Professor Norbert Walter - Professor Norbert Walter assesses the effects of sterling's entry into the EMS Professor Norbert Walter THE main event in the currency scene last month has been sterling's entry into the exchange rate mechanism (ERM) of the European Monetary System. This move, discussed since long970 words
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611 1990-10-20 25 J Terence Gallagher - Gains in the key 119 th bonds may be short-lived, writes J Terence Gallagher J Terence Gallagher Reuter A RALLY in [yen bond prices depressed the yield on ,the key 119 th bonds below the psychologically important 8 per cent levelReuter - 611 words
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762 1990-10-20 25 Jonathan Fuerbringer - An investment management company thinks this is the right time to bet on Soviet firms, Jonathan Fuerbringer reports Jonathan Fuerbringer NYT THERE have been shortages from cigarettes to bread. The troubled government is still seeking the right plan for a quick, but stillNYT - 762 words
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DON'T QUOTE ME!
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207 1990-10-20 26 WITH DEALS now being aborted everywhere, one cannot help but wonder whether Natsteel will back out of its agreement to buy 12.8 per cent of Singapore Petroleum Company (SPC). Natted is to get 40.87 million SPC shares in a private transaction with DBS,207 words
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Article105 1990-10-20 26 ACRONYMS are such a headache at times. If you have any doubt* try this for size: "A recent report showed that Overseas Union Bank and Maxtor Singapore are the first two companies to be involved in CBT." OUB and Maxtor involved in criminal105 words
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Article235 1990-10-20 26 MR LIEM Sioe Liong and partner Sudwikatmono really want to have their cake and eat it. Mr Sud, half brother of President Suharto, asked the Indonesian government on Monday to put a time limit to a recent lifting of cement tariff. This is to protect the local235 words
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Article, Illustration235 1990-10-20 26 Goola Warden - 1* Goola Warden •Ms Warden is a chartist with OUB Securities Although signs of a market peak were evident since May this year following the downturn of the STirs "Coppock" indicator (see Chart 3), the decline came to a head in the wake of235 words
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Article705 1990-10-20 26 Amy Balan - Warrants have fallen more steeply than stocks in the current depressed market. Amy Balan argues, however, that investors should not give them a miss Amy Balan WITH the recent collapse of stock prices, warrant prices have also plunged. The gearing effect which accentuates price705 words
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Article, Illustration609 1990-10-20 26 Rich Miller - A protracted Gulf conflict beyond a week or two would be seen as another serious problem for the US, writes Rich Miller Rich Miller Reuter IF WAR breaks out in the Gulf, US President George Bush may find himself battling not only Iraqi PresidentReuter - 609 words
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Article747 1990-10-20 26 Analysts are divided on the prospects of UK stocks on the 3rd anniversary of Black Monday Reuter BOOM or bust? Share analysts are divided about how the London stock market will fare as the world financial community recalls the third anniversary of Black Monday on OctReuter - 747 words
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SPORTS
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Article, Illustration1372 1990-10-20 27 Gerald Eskenazi - Gerald Eskenazi reports on the buying activities of tne Japanese Gerald Eskenazi IHT FROM baseball to auto racing to golf, the games Americans play and watch have become the focus of a recent wave of Japanese buying interest in the United States. The buying activityIHT - 1,372 words
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Article, Illustration642 1990-10-20 27 AP NADIA COMANECI has found happiness in Canada after being held prisoner for three months by the married man who helped her escape from Romania, she says. "I had a bad life in Romania," Comaneci said earlier this week at a news conference announcingAP - 642 words
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146 1990-10-20 27 MICHAEL CHANG defeated Spain's Sergi Bruguera 6-3, 6-3 on Wednesday in the opening Gold Group match ki tfie preliminary round of the HKSS million Maittxxo Championship. Hitting the ball harder than he did last year, Chang came back from 3-0 down in the first146 words
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Article198 1990-10-20 27 AUSTRALIA'S brilliant Rugby League tourists notched tip their fourth convincing win with an eight-try demolition of plucky Cumbria in a 42-10 win in Workington, England brt Wednesday. The visitors easily maintained their unbdtten record, Aussie forward Mark Carroll setting the tone Isr the evening with a try198 words
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Article88 1990-10-20 27 AMERICAN David Pate upset France's Guy Fofget in a first round match on Wednesday to advance in the USSyXMXX) Lyon Grand Prix men's tennis tournament Pate edged the No 2 seeded Forget, 7-6 (7-3), 4-6, 7-6 (7-5) to move ah to second-round meeting with another Frenchman, Thierry88 words
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Article106 1990-10-20 27 BRITAIN'S Nick Faldo has become the first non-American to be named the United States PGA Player of the YearT The award, won last year by Tom Kite, is not usually made urttil after the season-ending Nabisco Championship at the end- 6f the month, but Faldo's106 words
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Article51 1990-10-20 27 WORLD snooker champion Stephen Hendry was lucky to survive ranaHi<n Alain Robidoux before reaching the quarter-finals of the Rothman Grand Prix in Reading, England on Wednesday. Hendry, who scraped through his previous match against Silvino Francisco 5-4, was again well .below his best in beating Robidoux51 words
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256 1990-10-20 27 AP TOP SEED Ivan Lendl of Czechoslovakia powered to a 6-0, 6-3 victory over lowly South Korean Kim Bong Soo on Thursday to close in on the semi-finals of the HKSS million Marlboro Tennis Championships being held in Hongkong. World No 3 Lendl, whoAP - 256 words
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JOBS
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749 1990-10-20 28 Anna Teo - Anna Teo delves into the Hay executive compensation survey and digs out some of the perks of the professions Anna Teo DO EXPATRIATE executives really get more perks than their local colleagues? Yes, twice as much and more, at least in dollar terms, going749 words
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189 1990-10-20 28 Prompted by a growing trend, the 1990 Hay executive compensation survey has included, for the first time, a section on overseas Singaporean employee benefits. Relocation, housing/rental and child education allowances for the Overseas Singaporean Employee (OSE) are looked at in terms of geographic regions, namely189 words
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Article, Illustration364 1990-10-20 28 Harish Mehta - Harish Mehta on what a new book on career planning can do for job seekers Harish Mehta ANEW pocket-sized annual aimed at making Singapore graduates street smart by giving them hot, and cool, tips on finding a job was recently launched. According to Sidney Lee, the364 words
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Article383 1990-10-20 28 Akn Lee has been appointed vice-president for private banking at Royal Trust Merchant Bank Ltd Mr Lee has had IS years' experience as a financial journalist. In his new capacity, he will be part of the Royal Trust Private Banking team which specialises in providing a range of383 words
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THE TRAVEL PAGE
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Article503 1990-10-20 29 aty gg n* n** n» c hUtoto Of 81 2010 f Mte KL838 2115 SQ24 2200 GA525 1450 ■atoJd BU21 1105 j |B422 1205 i 1 BU29 2030 «430 2126 Qf62 U35 Q664 0750 -7 CX713 1455 j SK973 1955 QF71 2110 I 0663 2240 SK972503 words
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Article, Illustration537 1990-10-20 29 POSTCARD FROM FLORIDA published by APA Publications (HX) Ud THE BULK of Central Florida's other theme parks owe their existence to the presence of Walt Disney World. They make the state the only place in the world where a person can pet a porpoise, shakepublished by APA Publications (HX) Ud - 537 words
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Article150 1990-10-20 29 As at 3p« yesterday: Local dollars to oac unit of ln(i|i cnrreacy Currenae* Bid Offer Australian dollar 1.3100 1.3400 Canadian dollar 1.4400 1.4700 NZ dollar 1.0150 1.0450 Sterling pound 3.3300 3.3700 US dollar 1.7080 1.7180 Local 4oflan to 100 arita of foreign cwrrno Austrian schilling 16.00 17.00150 words
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Article75 1990-10-20 29 Duration Title Venue Orpniaer Td PuntioB TMe Vmm Q<P"if W Oct 15-20 Stockhotm Sweden Stockholm#- V7491/43 Now International Spain PBiw D» IMSfiriM Technical Fair mawan AB Baroelone Oct 16-20 Data Procaaag Yugoslavia Zagrebacki 41/*****6 Exhjbtfwn v A Office Equipment Velesajam 'mmmmmk Oct 23-21 International Yupwtavta Foire De75 words
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TIME OFF
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Article159 1990-10-20 30 ttalan Classical Caacart By Italian guitarist Piero Bonaguri, pianist Alberto Pomeranz and the Trio Di como, comprising three violinists. They will perform works by Handel, Boccherini, Mozart, Albinoni, Beethoven and Mercadante. The Mandarin Singapore, Reception Hall, South Wing. Oct 25. Bpm. SSO Series Caacart Choo Hoey conducts, with soloists159 words
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Article, Illustration350 1990-10-20 30 K Jayanti - Compiled Iy K Jayanti Flaa Madera Chiaesa Pahrtlag aad Jadaita Exhibition of about 120 Chinese paintings and more than 100 pieces of jade jewellery by Sotheby's. (See article in EL 6.) Queen's Room (Grd Fir), Empress Place Building, 1 Empress Place. Today and tomorrow. Ham to 6pm. British Master350 words
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Article, Illustration537 1990-10-20 30 JUwtlMr 48 Neara. Eddie Murphy and Nick Nolte team up a second time around as the cop and con who enter a marriage of convenience. More action, cute lines and bad language. Jade I: I lam; 1. 30pm; 4; 6.30; 9. JLW.O.L Absent Wltlmrt Learns. Saddened by the fact537 words
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Page 19 Advertisements
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Advertisement132 1990-10-20 19 Bh i I'u 1 1 7 41 X "m "WE DID IT, FIRST TIME ROUND. AFTER ALL THOSE YEARS WE SPENT TOGETHER AT SCHOOL, I KNEW WE'D MAKE AN UNBEATABLE PARTNERSHIP." "MmP S V OMEGA. The watch that records the world's significant moments. JjP '-^-'lfiHßHr At the Olympic Games. In132 words
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Page 20 Advertisements
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Advertisement8 1990-10-20 20 The Sang Kancil Portfolio In BT every Tuesday8 words
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Page 20 Miscellaneous
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Miscellaneous58 1990-10-20 20 DOONESBURY BY GARRY THUDEAU I THISW 1 1 MHLJF* thatsthb T t WUTMXG I 4VX StrV&M fttST, MUM* I THAVb TH£ UJfIYIF6&. WKKKKBMMMRHHI I HMHPUB- I rflV/^H I person* I thckstcfus I mrrcufm. ABOUTm I UX J,||ppi I \tfTm,sßnm n&psomc 1| about rr... goopnght! I f 1 r I I58 words
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Page 21 Advertisements
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Advertisement76 1990-10-20 21 A MONTHLY MAGAZINE OF BUSINESS TRENDS 1 Conner Peripherals in Singapore sett the pace Palm oil: Bright future, murky present k for worldwide operations B I r e Travellers Beware: A guide to the world's I e Financial futures trading going on-line hot spots I e Giant land sales put76 words
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Page 22 Advertisements
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Advertisement1067 1990-10-20 22 WHERE TO WINE, PINE AND ENTERTAIN WHERE TO WINE, DINE AND ENTERTAIN WHERE TO WINE, DINE W nuimc&s I TATIFORNIA^UISINr' J TOO LATE FOR BREAKFAST? TOO EARLY FOR LUNCH? 'nr CAUFORNIAN 1 BUFFET J BRUNCH DEUGHTFUL HOT AND COLD DISHES. A JAZZ rfHn BAND TO PUT YOU IN A MERRY1,067 words
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Page 23 Advertisements
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Advertisement228 1990-10-20 23 IANP ENTCBTAIN Brunch Is A Family Affair Every Sunday. I SUNDAY BRUNCH: HAM TO 2.10PM. gH «jT ADULTS WM |*p'. $3i.00+ iE*i children r.®w $i 9.00♦ Every Sunday, Hubertus Grill becomes the venue for a great Sunday family outing. A scrumptious buffet spread is laid out for both grown-ups and228 words
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Advertisement106 1990-10-20 23 Til /"VI and I KUIIV/\ Karaoke Loimges FINEST RUSSIAN AND CONTINENTAL CUISINE Romantic Candlelight Dinner With Karaoke at Troika Happy Hours Daily $12.00++ One for one drinks Restaurant Hours Mondays to Saturdays Hou 1130 am to 230pm 7.00pm to 100 am Dinner Mondays to Sundays Tel: *****22 6.00pm to 10.00pm106 words
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Page 24 Advertisements
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Advertisement68 1990-10-20 24 ■BEAR I jfc: *f *»"■•»<* 3 i uwnunmt 1 umuar (MM* M MllttlHS H; aSH England wstilued in Lonoon. 15* Ayv S T" aIe X_ANDER6Q_RDON COMPANY f^lmJ j £Jp V 4)3L -^Sfe 'kJH .rami a i •aB P> I R *T a»»/f- ilffy ifTrfiill iiy it it% K t WjJwßy¥W|^^68 words
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Page 25 Advertisements
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Advertisement25 1990-10-20 25 Whatever the 21st century holds, have the assurance of financial security and peace of mind. M, < At Great Eastern Life, we're committed to taking m25 words
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Advertisement140 1990-10-20 25 fIUANCI^ CALL SHELL TAKE CARE OF KXf^NEBK ID New 24 Hour s ■r 'Loan and Information 4J 5J JBJ F Service and Apprwal' >« isssr in w if V' iM r *f J i mm® h2SFA 'Loan and Information "5J 6} Service and Approvar^^M Call Hong Leong Finance: I m140 words
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Page 26 Advertisements
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Advertisement9 1990-10-20 26 SINGAPORE BUSINESS A MONTHLY MAGAZINE OF BUSINESS TRENDS CTBIW9 words
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Page 27 Miscellaneous
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Miscellaneous18 1990-10-20 27 Golf Rules SECTION H: P£F1NIT10KIS: 0UT5IPE AGENCY: an "oursipe agency" is ANY not part Of "THE MATC4) imm18 words
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Page 28 Advertisements
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Advertisement715 1990-10-20 28 DHL IN THE NEWS Advert**™** DHL EXPANDS INTO INDOCHINA With rich natural nationally. DHL has aet up offices service lor our outgoing doco-- resources and abundant supply in Cambodia, Laos, Vietnam montn ninr n m *aitoiUiiMtiieeg~." of labour, Indochina has been andMyanmar. in Vietnam." said the Managingseen by foreign investors715 words
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Page 29 Advertisements
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Advertisement102 1990-10-20 29 N Es7 fORK ~ii I' .1 -i Am. V_y Air Canada FOR BITS AND BYTES^ Geared to keep the busy business executive abreast of new technologies he can exploit to full advantage, INNOVATION TECHNOLOGY page provides news, reviews and features in theareasof information technology, biotechnology, electronics and just about everything102 words
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Advertisement27 1990-10-20 29 ELECTION! I 1 WjTuyi &> £3t~sr* i —On-the-spot Kg* I rt coverage: O I UK Peoole Eb I issues pictures, s«»™ I 1 ♦g.'SSt.fS-A 1 ■■vnMMan|| graphics. nraWM:27 words
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Page 29 Miscellaneous
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Miscellaneous201 1990-10-20 29 26 Scandal of second letter left in the butchers market 5 Sketch of the escape route? YESTERDAY'S SOLUTION stall (7) (7) 28 Love the region with brae- 6 Repair shop again first (7) |piMSIAjSIT|EIRMSI<yIR|AiPiE .IZ ing air (S) 7 He removes the fan (9) iemcmi 29 Going to visit one201 words
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Miscellaneous201 1990-10-20 29 Singapore Forecast (Thur) Max temp. 33.2 assoc humidity 60% min temp. 25.5"C assoc humidity 97% ho of sunshine 10.20 rainfall in mm.... 0.1 rainfall this mth. 3.8 rainy days this mth. 3 World forecast Asia-Pacific Hi/Lo* Cond. Auckland 18/14 Rain Bangkok 32/26 Showers Beijing 26/14 Nice Brunei 32/24 Showers Hongkong201 words
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Miscellaneous22 1990-10-20 29 ESESS3SSSI negot-««»•*>• u»*ya >ro skung »n "We uhpiT ft uoosy c^ F ,'^;c5 lT RrsTtefJ DM P* IOUSY twn»» Oes< a>«s 1M&/1/1,22 words
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Page 30 Miscellaneous
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Miscellaneous1235 1990-10-20 30 TODAY'S TV HHRPRPPViHJimPWVWnH ■■■■■■■■■■■■■■■■■■■■II OJO IMWkr. «JM ■PHmAIBMBI lOJO wiwn>»n»imi. I Khm My First NaaM to Stev- Aatoals hi Action, 4.50pm, i«jt cStoCtoOi* •n, IOJOpn, SBCS SMS ma Oaagartali tayaag (ChilI know my first name is Stev- Do you know how furry little en, but I didn't know I had1,235 words
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Miscellaneous598 1990-10-20 30 "moviesontT™ 1 I I 1 I.J l-l [I -I. ...And Justice fir AM, Men, junta that replaced him ieat llttpw SBC 12 just content with pinning Ins Short of sticking his finger up picture on the dart board; does sll he can to irritate a ill-gotten against the judicial system,598 words
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