The Business Times, 16 March 1991

Microfilm: NL17467
Total Pages: 28
1 28 The Business Times
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  • Title Section
    Masthead
    11 1 Business Times MCI (P) 16/12/90 Weekend Edition, March 16-17 1991 75*
    11 words
  • NEWS & MARKETS SUMMARY
    • Article
      Hongkong dollar depositors to pay if speculators pounce
      82 1 HONGKONG has introduced a bill giving banks in the colony the right to charge the public for deposits of HK$l million and more if speculative buying ever buoys the Hongkong dollar the way it did three years ago. Monetary Affairs Secretary David
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    • Article
      Dow higher
      41 1 SHARE PRICES opened slightly higher on Wall Street yesterday with the Dow Jones index of leading industrials gaining 1.73 point to 2,953.96 in the first five minutes of trading. On Thursday, the Dow closed 2.97 points lower at 2,952.23.
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    • Article
      Footsie lower
      28 1 LONDON SHARES were lower at midday yesterday. The Financial Times-Stock Exchange 100-share index fell 3.6 points, or 0.1 per cent, to 2,497.0 by about 1230 GMT.
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    • Article
      Target the Asian
      18 1 BUILD MORE three-star hotels to attract Asian tourists, says Hotel Properties' Prithpal Singh Page 2
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    • Article
      Bonus despite fall
      22 1 G K GOH announces a onc-for-four bonus in spite of a 60 per cent fall in profits. Page 3
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    • Article
      Brisk response to fund
      22 1 THE FIRST unit trust launched to invest solely in international bonds has met with great success Page 5
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    • Article
      Tin mine crisis
      36 1 THE CLOSURE of Australia's largest tin mine this month could presage a worldwide demise of more mines as huge stocks threaten to keep prices low in spite of cutbacks in output Page 6
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    • Article, Illustration
      STOCK INDICES
      29 1 Friday Change BT-MGA 742.95 +3.41 Kuala Lumpur ....599.85 +5.62 Hongkong 3,722.39 +94.48 Tokyo 26,843.10 300.77 Sydney 1,444.2 +7.5 Thursday Change New York 2,952.23 -2.97 London 2,500.6 52.4
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    • Article
      CURRENCIES
      22 1 Fnfhangit rates USS S$ 1.7510 100 Yen SS 1.2842 MS-. SS0.6399 Money nirlut rates Overnight 4 3/8 3/8 3-montn 4-5/8 unch
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    • Article
      COMMODITIES
      36 1 QfHfoH Gold AM fix USS363.60 -USS2.10 S'pore Apr.... l46.50*/kg +0.50 M'sia Apr 229.00"/kg unch KL Tin Turnover 30 tonnes -16 Spot MS 14.87/kg -0.6 Crude palm oN Turnover 1,340 lots +919 Apr MS858 /tonne -4
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  • Article, Illustration
    Christiania Bank called upon to honour LCs
    501 1  -  The Khamis Case Standard Chartered makes a claim for 20 m kroner By Amy Balan IN WHAT could herald the start of a legal war and a chain of claims, Standard Chartered Bank and Hongkongßank have called on Christiania Bank to honour standby
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  • Article
    Acma plans to change Gold Coin's name, image
    461 1  -  By William Chia ELECTRONICS firm Acma Ltd, which has proposed a deft corporate manoeuvre to control Gold Coin Ltd through a cash outlay of $39 million, intends to change the company's name and transform its corporate image. Sources close to Acma told
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  • Article
    Buyers flocking back into residential property market
    378 1  -  By Elaine Koh Salil Tripathi BUYING has returned with a vengeance to the residential property market and several developers are now taking advantage of the wave of pent-up demand. Developers and consultants say they are being deluged with enquiries now that the war
    378 words
  • Article
    New Indon central bank controls get positive response
    412 1  -  From Maggie Ford in JAKARTA INDONESIAN bankers yesterday welcomed the announcement of new central bank controls designed to improve financial soundness and professional management in a sector which has been showing signs of strain after very fast growth. The package, announced by
    412 words
  • Page 1 Advertisements
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      Page 1 Advertisements Column 1
      130 1 Nikon fi-| ma n|| n n marihln CualMi iHi wwhi s rinni nmmyvipHc oyiwu. So you think «H| j Mb Aircraft Schedule EL 11 Commodities 15 Company News 3.4 Cryptic Crossword EL 11 Financial News 5 Futures Options 14 Gold Prices 14 Home News 2 HK Tokyo Stocks 11 Interbank
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      Page 1 Advertisements Column 2
      11 1 OPINIONS Bridging the Gulf. EL 2 Fund time for charity. EL2
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      Page 1 Advertisements Column 3
      13 1 LIFESTYLE A marketing hoax called yuppie. EL 6 Tiramisu sweeps Japan. EL 5
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      Page 1 Advertisements Column 4
      288 1 PURSUITS Parliament reports on backpage Help for small law firms in computerisation Telecom may reduce time-based charges Taxi-drivers, hawker centres, public toilets, civil defence and crime HISTORY IN TIME V' -of 396'* jfo, BBB(BBBBBBBBPKBP^^^?-^^^k^"^v^^^^^!v?^0®pbbhhbbhbbhhhbbbbbb Seuton automatic in IH ct gold or gold/steel Planetarium Copernicus, individually numbered handmade in IH ct
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      Page 1 Advertisements Column 5
      19 1 Nikon ThtWbrtd'sßnMt WwHuypWc SyHam. t FINANCE Singapore will retain strength. EL 8 Seoul market set for rebound. EL 8
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      Page 1 Advertisements Column 6
      7 1 JOBS Mraz's big lethal business. EL 10
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  • HOME NEWS
    • NEWS ROUNDUP
      • Article
        Need for tourism industry to be flexible
        110 2 TO SURVIVE, Singapore's tourism industry has to work together and be flexible in coping with the unexpected, said Minister of State for Trade and Industry Mr Mah Bow Tan. Speaking during the 6th tourism awards presentation, he said the industry could cooperate in
        110 words
      • Article
        Construction trade fair
        107 2 BAUCON Asia '91, a four-day international construction trade fair, will be held at the World Trade Centre from April 2-5. Jointly organised by the CIDB, Singapore Institute of Architects Building Centre, the Munich Trade Fairs Corporation and the Conference and Exhibition Management Services Pte Ltd, the fair
        107 words
      • Article
        Education in Britain
        119 2 TIM EGGAR, British Minister of State for Education and Science, and Professor Stewart Sutherland, the vice-chan-cellor of the University of London, will be in Singapore in the first week of April. The highlight of Professor Sutherland's four-day visit from April 1-4 will be a seminar called "British
        119 words
      • Article
        Corrections and clarifications
        105 2 IN A SERIES of articles yesterday on Shell, one of them said the oil company was to pump US$l billion into its Bukom refinery. It should have been Ssl billion. The oil company is Anglo-Dutch, not Anglo-French as stated in the standfirst of another article. We are
        105 words
    • Article
      Build more three-star hotels to attract Asian tourists: hotelier
      349 2  -  By Chitra Rajaram SINGAPORE should start building more three-star hotels instead of five-star hotels if it wants to tap tourists from the Asian region, said Mr Prithpal Singh, vice-presi-dent for tourism and leisure for Hotel Properties Limited (HPL). Mr Singh, one
      349 words
    • Article
      Singapore Airlines buys six more Megatops
      379 2  -  By John Tan NATIONAL carrier Singapore Airlines announced the purchase of another six Boeing 747-400s (Megatops) yesterday, bringing its total of the latest long haul aircraft to 56 and a price tag of US$lO billion (S$ 17.5 billion). The latest order is SlA's third
      379 words
    • Article, Illustration
      Drama school to start classes in July
      194 2 THE DRAMA scene will get a big boost when the first full-fledged drama academy begins classes in early July. Called the La Salle School of Drama, it will be housed in Kallang Theatre. The school is the fulfilment of La Salle College director
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    • Article
      Shortage of software engineers may hamper IT growth
      221 2 SINGAPORE makes it easy to do business, but a severe shortage of software engineers may hamper the growth of the information technology industry here. Remarking on this shortage at the launch of the AshtonTate Asia Manufacturing Centre, Feter Boot, vice-pres-ident and general
      221 words
  • SHIPS IN PORT
    • Article
      AT CONVENTIONAL WHARVES
      595 2 M 1 H- rasa iff no Mnn wrwi Mpvnn Vessel Voy No Berth Arrival Departure Keppei Wharves Ms Strength 01EB K33 alongside 15.03/0600 Mahkota Exp *****1 M2B 1503/1815 1603/2300 Markham Bay 53K M4A 15.03/1630 1603/0430 Fedor Dostoe 3-91 (P) K29 alongside 16.03/1700 Kota Megah E 888 K32
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    • Article
      CONTAINER SCHEDULE
      1398 2 RECEIVING OF EXPORT FCL CONTAINERS AND La CARGO Record Boakkig/Babnce Rrfts Ship Voy No Etb/Btr Period From To From Agostin Neto 0491E 18/0900 3 16/0700 16/1159 16/1400 4 16/1200 16/1459 16/1700 Bhum 473N 17/2359 2 15/1700 16/0659 16/0900 4 16/1200 16/1459 16/1700 Alsw 068 19/0300 4 16/1200 16/1459
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  • SINGAPORE – MALAYSIA COMPANY NEWS
    • Article
      G K Goh declares bonus issue despite poor results
      448 3  -  By Chew Eng Han G K Goh Holdings has proposed a l-for-4 bonus share issue in spite of a drastic fall in its earnings for the six months ended Dec 31, 1990. The bonus issue is subject to shareholders' approval at
      448 words
    • Article
      OCBC moves into broking in Indonesia
      278 3  -  By Diana Oon (K'BC Bank has once again taken steps to increase its regional operations, fulfilling its promise made last year to extend its stockbroking interests in the region. Provident Securities Private I imited (PSPI). a whol-ly-owned subsidian of (K'BC. has entered into an
      278 words
    • Article
      OUB group to build its third Chinese hotel in Hainan
      273 3  -  By Suzanne Soh THE OVERSEAS Union Bank (OUB) group's Mandarin hotel chain, which has invested in two hotel projects in China, is about to embark on a third one on Hainan island. The OUB group's new company in Hainan, with
      273 words
    • Article
      Inter-Roller profits up 77pc, MHE's rise 4pc
      493 3  -  By S N Vasuki INTER-ROLLER Engineeiing Limited, which was one of the first companies to seek a public listing in 1991, has performed well during the year ended Dec 31, 1990. Turnover and profits of the Sesdaq-listed material handling company posted impressive gains
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    • Article
      M'sian banking stocks ride economic boom
      582 3  -  MARKET TALK \u William Chia THE BCJOMING Malaysian economy has helped banks recover much of the bad debts sustained in an earlier collapse of the property market and created many new opportunities for the banking system. Analysts have been viewing the banking sector enthusiastically
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    • Article
      MUI sells off IGB Corp stake for M$ 136.4 m
      582 3  -  By Lee Han Shih I 111 long-expected breakup of the premier "Chinese business troika" in Malaysia ux>k place this week, with Malayan United Industries (Mi l) selling off its entire holdings of 56.3 million shares and V l million loan
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    • COMPANY BRIEFS
      • Article
        City Dev denies talk of bonus or rights issue
        43 3 PROPERTY developers C ity Dc\elopments I td has told the Stoek Exchange of Singapore it "has not considered any proposal for a bonus or rights issue" in response to an article in vesterdav's BT.
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      • Article
        Hour Glass buys rest of firm
        73 3 I HE Hour Cilass is purchasing the remaining 40 per cent of Hour Cilass Lifestyle Pte Ltd. the holding company of Mllano Pizza Restaurants Pte l td. The $400,000 purchase will give the upmarket watch retailer full control of the pi//a chain which currently
        73 words
      • Article
        Foreigners own 49 pc of SPH
        21 3 LORLIGNHRS own 49 per cent of Singapore Press Holdings Ltd as at March 1 5.
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      • Article
        Bata posts record profits
        60 3 B I A (Malaysia) Bhd has reported its best ever results with a 75 per cent rise in group pre-tax profit to M 520.17 million (5512.7 million) for the year ended Dec 31. 1990. from MSI 1.4 M million in 1989. Group turnover was 24 per
        60 words
      • Article
        MTC reports 24 pc profit rise
        55 3 MA I AYSIAN Tobacco Co Bhd has reported a 24 per cent rise in its group after-tax profit to M 538.26 million (5524.1 million) tor the \ear ended Dec 31, 1990. from M 530.75 million previously. Group operating pre-tax profit also jumped 29 per
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      • Article
        SES queries Chuan Hup
        28 3 THE Stock Exchange of Singapore has asked Chuan Hup Holdings if it knew of any reason for the recent sharp increase in its turnover.
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      • Article
        TV3 to buv land for M$ 5.2m
        51 3 SISTF.M Telcvisycn Malaysia (TV3). in a move to centralise all its operations and de\e!op a studio broadcasting complex, is acquiring an eight-ha piece of leasehold land in Bandar Wangsa Maju for M 55.23 million (553.2 million). It has paid a 10 per cent
        51 words
  • Page 3 Advertisements
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      Page 3 Advertisements Column 1
      133 3 Innovation Technology in BT on Tuesday SIWGAPORT'9I A BT Special Survey on Singapore's shipping industryMarch 26, 1991 For the third year running, Business Times will publish a special supplement to coincide with Singapore's premier shipping event SingaPort. This year, the supplement will give an insight into the future of various
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  • COMPANY NEWS
    • COMPANY BRIEFS
      • Article
        Samsung wins US$ 5m telephone project
        83 4 SAMSUNG Electronics has bagged a US$5 million (SSB.7 million) telephone project in the southern Philippines to be financed by a loan from Seoul, the South Korean embassy said on Thursday. The loan agreement was signed in the South Korean capital on Wednesday by officials
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      • Article
        French plans for interest rates
        76 4 THE FRENCH government aims to avoid raising interest rates. Finance Minister Pierre Beregovoy said yesterday. "I want, above all, to avoid raising interest rates and if possible, if the market gives a signal, I want to be able to cut them as a way of
        76 words
      • Article
        Suntory's German venture
        69 4 JAPAN'S biggest whisky distiller, Suntory Ltd, said on Thursday that it had acquired 49 per cent ot German restaurant chain, Weinkrueger GmbH, for an undisclosed sum. Suntory, which is also a major brewer and restaurant operator, said it planned to take part in the management of the
        69 words
      • Article
        Help for Viet lumber industry
        73 4 KANENATSU Corp. a leading Japanese trading company, said yesterday that it was planning to help Vietnam's expansion of its lumber industry by providing equipment for an export-oriented lumber factory near Ho Chi Minh city. Kanematsu officials said in Tokyo that under the plan. Kanematsu was
        73 words
      • Article
        Nickel output to be raised
        88 4 THE Indonesian subsidiary of International Nickel Company (Inco) Limited of Canada plans to produce 75 million pounds of nickel matte this year, up from 60 million in 1990, the firm announced in Jakarta on Thursday. PT Inco Indonesia, in its annual report, said demand for
        88 words
      • Article
        Nestle recalls sweetened milk
        97 4 THE Nestle company recalled one brand of its sweetened condensed milk after an American family went to hospital after eating a can of the product which had been contaminated with the hallucinogenic drug PCP. A Nestle USA Inc spokesman said in California on Thursday that there
        97 words
      • Article
        Lepanto's profits rise
        57 4 LEPANTO Consolidated, a major Philippine metal producer, on Thursday reported a 6.6 per tent growth in net profits for 1990 despite the country's economic slowdown and a massive earthquake that hit mining areas. Net profits reached 240.6 million pesos (S$ 13.2 million) last year as revenues rose
        57 words
      • Article
        Drilling for geothermal energy
        47 4 STATE-OWNED Philippine National Oil Co (PNOC) will spend 2.34 billion pesos this year expanding its geothermal energy programme, the PNOC company president said. Manuel Estrella said in Manila that some 27 geothermal wells were scheduled to be drilled around the Philippines this year.
        47 words
    • Article
      Lock icon BNP takes 4.8pc stake in Kleinwort
      348 4 IHT KLEINWORT Benson Group pic disclosed on Thursday that Banque National de Paris had taken a 4.8 per cent stake in it for £21.2 million (5567.8 million) and that the two institutions were discussing global cooperation in merchant banking. The announcement accompanied the British
      IHT  -  348 words
    • Article
      Lock icon Showdown buoys Continental's share price
      417 4 IHT THE share price of Continental AG soared on Thursday as the Frankfurt stock market appeared to agree with many analysts who believe the Cierman tyrcmakcr may have to eventually discuss some form of cooperation with Pirelli Spa. Following a showdown at Wednesday's shareholders meeting,
      IHT  -  417 words
    • Article
      Lock icon Swissair skips dividend as profit plunges
      471 4 Reuter SWISS Hag carrier Swissair said it would pay no dividend for the first time in 29 years after soaring costs and a fall in passenger traffic ravaged profits. While the airline itself made a profit thanks to book earnings on aircraft sales, non-core
      Reuter  -  471 words
    • Article, Illustration
      Lock icon Proud new owner of a New York paper
      59 4 Reuter picture BRITISH media magnate Robert Maxwell standing beside a copy of his newly acquired newspaper at a press conference in New York on Thursday to announce the final sale of the Daily News by the Tribune Company. Mr Maxwell bought the
      Reuter picture  -  59 words
    • Article, Illustration
      Lock icon Bond remanded to September hearing
      194 4 Reuter FAILED businessman Alan Bond was remanded to September 16 when he appeared in a Perth magistrates court yesterday on a charge of dishonestly attempting to induce another businessman to deal in securities. The 52-year-old former chairman of Bond Corp Holdings Ltd was granted a
      Reuter  -  194 words
    • Article
      Lock icon Dairy Farm posts 21pc rise in profits
      308 4 Reuter HONGKONG'S Dairy Karm International Holdings Ltd. the food arm of the Jardine Vlatheson stable of companies, made a weighty contribution to group profits yesterday, posting a 21 per cent rise in 1990 net. Chairman Simon Keswick described 1990 as "another outstanding year"
      Reuter  -  308 words
    • Article
      Lock icon Lucky Ltd and Sinar Mas in US$ 10m tie-up
      178 4 Reuter SOUTH KORLA's Lucky Ltd, a parent company of the Lucky-Goldstar Group, has signed a LSSIO million (5517.4 million) contract with Sinar Mas Group, one of the biggest business groups in Indonesia, to make polyvinyl chloride (PVC) products, a Lucky spokesman
      Reuter  -  178 words
    • Article
      Lock icon Hopewell planning Pearl River west bank highway
      407 4 Reuter HONGKONG property developer Hopewell Holdings Ltd plans to build a highway on the west bank of the Pearl River in Guangdong Province, managing director Gordon Wu said on Thursday. "The total cost will be about US$l.5 billion (552.6 billion). Our preliminary aim
      Reuter  -  407 words
    • Article
      Lock icon Dissident group sells bulk of stake in Avon Products
      370 4 NYT CHARTWELL Associates LP took a big step away from the Avon Lady's door on Thursday. The dissident shareholder group sold 10 million shares of its 12.6 million-share position in Avon Products Inc on Thursday to Salomon Brothers Inc for U5539.50
      NYT  -  370 words
  • Page 4 Advertisements
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      Page 4 Advertisements Column 1
      59 4 SINGAPORE PRESS HOLDINGS LIMITED ANNOUNCEMENT Pursuant to Article 23C(4) of the Company's Articles of Association, WE HEREBY GIVE NOTICE that as of 15 March 1991 the percentage of the issued ordinary share capital of the Company in which foreign persons have an interest is 49 per cent BY ORDER OF
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  • FINANCIAL NEWS
    • Article
      Good response to OCBC's first unit trust in bonds
      323 5  -  By QuaK Hiang Whai THE FIRST unit trust launched to invest solely in international bonds has met with great success. OCBC Asset Management, which introduced its Savers Global Bond Fund three weeks ago, has collected close to its targetted amount of
      323 words
    • Article
      Wardley unit sets up fund to invest in Asian companies
      575 5 WARDLEY Direct Investment Management, the offshoot of the Hongkongßank's merchant banking arm specialising in unlisted company investment, plans to raise US$l25 million (Ss2l9 million) to take equity stakes in Asian companies, according a report in the South China Morning Post.
      575 words
    • SMALL CHANGE
      • Article
        Indonesia gets loan from Japan's Eximbank
        113 5 EXPORT-IMPORT Bank of Japan said it agreed on Thursday to extend a 10-year loan for up to 2.82 billion yen (Ss37 million) to Indonesia in a joint financing involving three other Japanese banks. A spokesman for the bank said the so-called buyer credit would
        113 words
      • Article
        US commercial bank profits fall
        114 5 US COMMERCIAL bank profits fell further at the end of last year as a result of large write-offs on domestic loans, but the number of problem banks and failures decreased during 1990. A new analysis by the Federal Deposit Insurance Corporation suggests that the number
        114 words
      • Article
        Three join Seoul banking sector
        40 5 SOUTH KOREA'S three finance companies will join the commercial banking sector from June and five others will become securities companies under a restructuring plan to meet increased foreign competition, the finance ministry said on Thursday.
        40 words
      • Article
        German bourses urged to unite
        59 5 GERMANY'S eight regional stock exchanges should join forces and create a holding company to map out the future of bourse trading in Germany, the German Bourse Association (ADW) said in its annual report. The Frankfurt bourse was split from Frankfurt's Chamber of Commerce and converted
        59 words
    • Article
      HK Bank could see up to 50pc jump in profit, say analysts
      530 5 THE WORST may be over for the Hongkong Bank, which can sec profit jumps of between 20 and 50 per cent this year, say analysts. According to a report in the South China Morning Post, the analysts expect
      530 words
    • Article, Illustration
      Greenback remains well underpinned
      569 5 DBS Bank weekly currency review l'Ss/l)M: Double bottom THE DOUBLE bottom pattern was formed last Friday when the US dollar closed above 1.5542, propelling the US dollar to a high of 1.5868 on Monday. Central Bank intervention brought it down to a low of 1.5628. but
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  • Page 5 Advertisements
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      Page 5 Advertisements Column 1
      907 5 s v& 1 w Malaysian Tobacco Company Berhad I PROFIT AND DIVIDEND ANNOUNCEMENT I The Board of Directors announce the following audited results for the year ended 31 st December 1990 H 1990 1989 Change I Company Group Company Group Company Group MS'OOO MS'OOO MS'OOO MS'OOO B TURNOVER 347.564 499,216
      907 words
  • Page 5 Miscellaneous
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  • THE REGION
    • NOTE BOOK
      • Article
        Indon firm signs trade deal with Uzbekistan
        51 6 A PRIVATE Indonesian company signed a US$3O million trade agreement on Thursday with the Soviet republic of Uzbekistan. Under the six-month agreement, Indonesia's PT Prima Comexindo is to export tea, textiles and garments in exchange for raw cotton, textiles and agricultural products from
        51 words
      • Article
        Lenses designed for Asian eyes
        68 6 AN AUSTRALIAN group has won government funding to design a contact lens for Asian eyes, which it says are subtly different from Caucasian eyes. Mr Charles Di Natale, managing director of Eycon Lens Laboratories in Sydney, said yesterday his company would co-operate with scientists from
        68 words
      • Article
        Hurd to visit HK and China
        85 6 BRITISH Foreign Secretary Douglas Hurd is to visit Hongkong and China early in April, diplomatic sources said yesterday. British officials declined to comment but the diplomats said Mr Hurd would arrive in Hongkong on April 1, and spend barely a day there before heading
        85 words
      • Article
        Meeting on East Asia grouping
        70 6 SENIOR officials of Asean yesterday opened a meeting to discuss a Malaysian proposal for a new economic grouping in East Asia, Indonesia's official Antara news agency said. The meeting, held in the West Java town of Bandung, will also discuss preparations for a summit of
        70 words
      • Article
        Qualifying tenders for HK airport
        59 6 THE Hongkong government invited dredging and excavation firms yesterday to qualify for tenders for site preparation work for the colony's mammoth new airport, despite a deadlock on the project talks with China. The notice for contractors with substantial experience in dredging and excavation was published
        59 words
      • Article
        Sunthorn to visit Vietnam
        100 6 THAILAND'S military leader Sunthorn Kongsompong is to visit Vietnam in a move signalling continued high-level contacts between the two countries after last month's coup in Bangkok, official sources said yesterday. The visit was discussed earlier this week during a meeting between General Sunthorn, the leader of
        100 words
    • Article, Illustration
      Lock icon Deng tells Beijing to be more involved in HK affairs
      306 6 AFP C'HINA'S paramount leader Deng Xiaoping has urged the central government to get more involved in affairs in Hongkong during the transition ;to 1997, a pro-Beijing magazine said in Hongkong yesterday. Mr Deng was quoted by the Monthly Wide Angle
      AFP  -  306 words
    • Article, Illustration
      Lock icon Oversupply wreaks havoc with tin industry
      553 6 Low prices due to huge stocks mean more mine closures Reuter THE CLOSURE of Australia's largest tin mine this month could presage a worldwide demise of more mines as huge stocks threaten to keep prices low in spite of cutbacks in output, analysts and
      Reuter  -  553 words
    • Article
      Lock icon M'sian businessmen showing more interest in Vietnam
      443 6 Bernama MALAYSIAN businessmen are showing inereasing interest in Vietnam with the blessing of the country's government, which is taking steps to strengthen Malaysian presence in the Indochinese seaboard nation. Minister of International Trade and Industry Datuk Seri Rafidah Aziz, who has been urging
      Bernama  -  443 words
    • Article
      Lock icon Invest in NZ, Japanese firms urged
      258 6 Reuter NEW ZEALAND invited Japanese firms yesterday to put money into its forestry, tourism and farming. Visiting Minister for Trade Negotiations Philip Burdon said that over the next 20 years. New Zealand's forestry sector, which has a wide range of export products, would need
      Reuter  -  258 words
    • Article, Illustration
      Lock icon Hawke expects Aussie inflation rate to fall
      280 6 Reuter AUSTRALIA'S annual inflation rate, 6.9 per cent in the fourth quarter of 1990. will fall substantially in calendar 1991, Prime Minister Bob Hawke said. Speaking at a Brisbane meeting of the Committee for the Economic Development of Australia. Mr Hawke said a
      Reuter  -  280 words
    • Article
      Lock icon Indonesia's 1990 deficit ballooned
      243 6 AFP INDONESIA'S current account deficit grew to US$2.4 billion (554.2 billion) in calendar year 1990 from US$l.3 billion the previous year, mainly because of a surge in imports, the central bank said yesterday. The current account in the balance of payments measures the country's trade in
      AFP  -  243 words
    • Article
      Lock icon Jakarta's Gulf reconstruction hopes
      220 6 AFP THE Indonesian Chamber of Commerce and Industry (Kadin) plans to send a mission to the Middle East in the hope of participating in the post-Gulf war reconstruction. The official Antara news agency said yesterday a 15member delegation had been set up to visit Saudi Arabia.
      AFP  -  220 words
    • Article
      HK manufacturers see great potential in Vietnam
      456 6 DESPITE various problems, Vietnam still offers considerable opportunities for trade and economic co-operation for Asian manufacturers, especially in the light of the possible removal of US economic sanctions. This is the view of Hongkong manufacturers and traders, who returned last week from a
      456 words
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  • THE WORLD
    • Article, Illustration
      Major all set to reform unpopular poll tax
      317 7 BRITISH Prime Minister John Major appears poised for one of the biggest U-turns in modern UK politics, a drastic reform of a system of local taxation which was a hallmark of Margaret Thatcher's last years in office. Political sources said the cabinet
      317 words
    • Article
      Lock icon Two million jobless in UK
      301 7 Reuter UNEMPLOYMENT in Britain broke through two million on Thursday for the first time in more than two years bringing grim news to a government wrestling to pull the economy out of a recession. Official figures showed unadjusted unemployment rose in February by 85,600 to
      Reuter  -  301 words
    • Article
      Lock icon Taipei acts to curb capital flight
      226 7 AFP TAIWAN'S Central Bank of China (CBC) has lowered the limit of foreign exchange an individual is allowed to send abroad yearly from US$5 million to US$3 million in a bid to curb capital flight. CBC governor Samuel Shieh said yesterday money remitted abroad
      AFP  -  226 words
    • Article, Illustration
      Back home again after seven months of exile
      39 7 The Emir of Kuwait, Sheikh Jabel al Sabah, covers his face as he is overcome by emotion upon returning to Kuwait on Thursday, following seven months of exile in Saudi Arabia
      39 words
    • Article
      Lock icon Beijing to grant Moscow S$ 1.25b in commodity loan
      529 7 Reuter CHINA will make a one billion Swiss franc (about S$ 1.25 billion) commodity loan, one of its biggest ever offers of foreign aid, to the Soviet Union to buy Chinese goods. Diplomats described the favourable loan to Moscow, oncc Beijing's
      Reuter  -  529 words
    • Article
      Lock icon Japan's Lower House approves 1991 budget
      170 7 AP THE Lower House of Japan's Parliament on Thursday approved a 70.35 trillion yen (*****.9 billion) fiscal 1991 budget that boosts foreign aid by 8.0 per cent and defence spending by 5.45 per cent. Although the oppositioncontrolled Upper House now has 30 days to
      AP  -  170 words
    • Article
      Lock icon Shakeup in sale of E German enterprises ordered
      494 7 AP GERMANY on Thursday ordered a shakeup in the way a giant agency has been trying to sell thousands of antiquated enterprises once owned by the East German state. The same day, a top labour official charged that the agency had become
      AP  -  494 words
    • WORLD WATCH
      • Article
        EC axes planned research programmes
        53 7 THE EUROPEAN COMMUNITY'S Executive Commission withdrew proposals for major research programmes worth US$l.7 billion (552.97 billion) after EC member states made sweeping changes to the original plans. The programmes covered research and development in marine technology, computer links, communications, environmental protection and life sciences in
        53 words
      • Article
        Kuwait to issue new currency
        94 7 KUWAIT said on Thursday it would issue a new currency within 10 days to replace the pre-invasion dinar looted by Iraqi troops who emptied the central bank's vaults of gold and cash. Central bank governor Sheikh Salem Abdelaziz Saud al-Sabah told Western reporters that Kuwait
        94 words
      • Article
        Vote for more aid to Turkey
        80 7 A SENATE COMMITTEE on Thursday voted to provide US$2OO million (Ss3so million) in aid for Turkey as it approved multi-billion-dollar legislation financing the Gulf War and helping US allies hurt by it. The money for Turkey was included in a $5.1 billion measure the
        80 words
      • Article
        France to close some embassies
        78 7 FRANCE is to close its embassies in Monrovia, Mogadishu and Port Moresby because of "budget restrictions" arising from the Gulf War, the Foreign Ministry said on Thursday. A spokesman said the highly unusual cost-cutting move had been "imposed" on the Foreign Ministry. He said the
        78 words
      • Article
        China to broaden land leases
        73 7 CHINA plans to broaden its land leasing system to enable foreign investors to actively participate and to increase state revenue, a semi-ofFicial Chinese news agency reported in Hongkong yesterday. China is planning to expand leasing arrangements to 80 per cent of the coastal region, 60
        73 words
      • Article
        Japan's capital investment
        86 7 CORPORATE capital spending on plants and equipment in Japan will grow 4.4 per cent in fiscal 1991 over last year and compared to double-digit growth in the preceding three years, the Japan Development Bank (JDB) said yesterday. The projection is based on a survey on investment plans
        86 words
    • Article
      Lock icon Bank sets conditions for aid to Moscow
      436 7 Reuter THE SOVIET UNION must persist with market-oriented economic reforms to receive assistance from the new European Bank for Reconstruction and Development (EBRD), the bank's president, Jacques Attali, said recently. "It is in everyone's interests that the Soviet Union joins the world economy
      Reuter  -  436 words
    • Article
      Lock icon Iran out to attract foreign investment
      160 7 FT IRAN has made the strongest commitment to its private sector to date, in an effort to attract foreign investment. Mehdi Navab, Iran's deputy minister of economic affairs and finance, told a business international conference in London it was never the intention of the
      FT  -  160 words
  • Page 7 Advertisements
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      Page 7 Advertisements Column 1
      150 7 10 way* the Dal* Camegle Count* helps man and woman: Poiee and Confidence Pubic Speaking Hunan relations Insight People Management *Mh Effective Communications Motivational SMIs Tht Courage to Think, Decide end Act SsM yourssl and Your Idsaa Develop Your Hidden Abilties Win a Better Job, More Income With the Date
      150 words
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  • STOCK EXCHANGE OF SINGAPORE 1
    • Article, Illustration
      Shares close mixed in uneventful trading
      4843 8  -  By Genevieve Cua SHARE PRICES on the combined OTC and main markets ended mixed yesterday with an almost equal number of gains and losses. Index-linked stocks rose, but Malaysian counters came under selling pressure in another day of consolidation. "This is symptomatic of a
      4,843 words
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  • Article
    STOCK EXCHANGE OF SINGAPORE 2
    4140 9 Main Board DBS Foreign 1320 40 3.1% Nat Steel 895 40 +4.7% Acma 250 40 19.0% DBS 1210 20 1.7% NOL Pre! 10" 555 +20 >3.7% Roth I nils 50* 510 H6 3.2% RDC 384 16 4.3% Prima 605 +15 +2.5% GE Life 1480 10
    4,140 words
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  • KUALA LUMPUR STOCK EXCHANGE
    • Article, Illustration
      Lock icon Index moves nearer to 600-level in active trade
      4225 10 Bernama SHARE prices in Kuala Lumpur closed mixed in fairly active trading yesterday after some late selling pressure trimmed earlier gains. The KLSE Composite Index ended the week 5.62 points up at 599.85, just shy of the psychological barrier of 600 points,
      Bernama  -  4,225 words
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  • TOKYO STOCK EXCHANGE
    • Article, Illustration
      Lock icon Hopes of lower interest rates fuel strong buying
      2284 11 Reuter TOKYO stocks dosed firmer after a late afternoon surge sent them briefly above 27.(XX) on hopes of a rapid cut in interest rates. Lack ol selling by Special Money I rusts (lokkin) ahead of book-closing, a stable dollar/yen rate, and renewed
      Reuter  -  2,284 words
  • STOCK EXCHANGE OF HONGKONG
    • Article, Illustration
      Lock icon Hang Seng surges to new post-1987 crash high
      2328 11 Reuter HEAVY institutional demand for blue ehip stocks sent the Hang Seng Index surging to a new post-1987 erash high close, brokers said. "Hongkongßank shares jumped sharply in the morning and set off a chain reaction which spread to all blue chips
      Reuter  -  2,328 words
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  • REGIONAL STOCK MARKETS
    • Asian markets finish generally higher
      • Article
        AUSTRALIA
        804 12 AUSI RALIAN stocks ended firmer >esterdav, with the All Ordinaries Index at its highest levels in about six months. The market has now made advances for the past 10 weeks. The All Ordinaries Index ended at 1.444.2, up 7.5 points over the da\ and 21.8 points over the week.
        804 words
      • Article
        BANGKOK
        912 12 THAI stocks closed higher yesterday after a late surge cancelled out earlier profit-taking. The SET Index closed at 871.85, up 10.78 points. Turnover was 6.4 billion baht on volume of 97 million. The market opened strong with buying interest across the board carried over from Thursday. Brokers were encouraged
        912 words
      • Article
        SEOUL
        914 12 SEOUL stocks rose in moderate trade yesterday as buying centred on small and medium-sized companies and hightechnology related shares, brokers said. The composite stock index ended the day at 682.97, up 5.86 points from the previous session. Turnover was moderate at 261.7 billion won against 233.7 billion won on
        914 words
      • Article
        JAKARTA
        590 12 HEAVY foreign buying dominated Jakarta stock trading, with Gudang Garam leading on volume of 2.60 million of the total 5.05 million shares traded. The official index edged up 0.62 points to 401.93. Gudang Garam closed unchanged on the regular market at 9,100 rupiah. United Tractors rose 1.050 rupiah to
        590 words
      • Article
        MANILA
        533 12 PHILIPPINE share prices finished slightly weaker on selective profit-taking yesterday to push the main index below the psychological 1,000-point benchmark for the first time in four days, brokers said. The Manila Stock Exchange composite index settled at 999.06 points, down 8.46 points from Thursday's close. Combined turnover on the
        533 words
      • Article
        TAIPEI
        418 12 TAIWAN share prices surged to a higher close on strong buying in financial and textiles, dealers said. The weighted index gained 107.98 points, or 2.2 per cent, to finish at 4.909.22 compared with Thursday's 4.50 1.24 close. Turnover rose to NTS67.B billion from NT536.6 billion. Dealers said hopes that
        418 words
      • Article
        NEW ZEALAND
        95 12 NEW ZEALAND shares yesterday partially regained ground lost earlier in the week to end slightly higher as selling pressure dried up. Brokers said there was cautious buying on a day characterised by big trades in Independent Newspapers, Fletcher Challenge and Lion Nathan. The Barclays Index ended 4.71 points
        95 words
      • Article
        BOMBAY
        101 12 BOMBAY share prices closed marginally higher yesterday after early gains were lost in end-session profit-taking, brokers said. The Bombay Stock Exchange index closed 10.27 points higher at 1.206.75 after slumping from a mid-session high of 1.229.79. The national index rose 10.31 points to 606.77. "The market started strong because
        101 words
      • Article
        Untitled
        168 12 Wellington NZ Cents olCOO) Air NZ 130 -2 115^ \NZ Hanking 410 unch 14 Hank Of NZ 63 I 2370 Bavcorp Hold 6 Hricrlv Inv 101 2 ***** Carter Holt 160 I ***** Cavalier Corp 128 -7 110 CcramcoCorp 90 unch 20 Cit> realties 22 unch 50 Corp Inv 86
        168 words
      • Article
        Untitled
        87 12 lost- Pruious March 15 SYDNEY \ll Ordinjirin Intk'X 1.444.2 1,436.7 t-7.5 Ml Industrials Index 2.217.8 2.207.7 fl(). I •\!l Resources Index 850.4 845.1 IV turnover (million) NA 102.62 BANGKOK SKI Index K7| 85 861 07 +10.78 Iurnover (million baht) 6.4tM( 6.400 unch JAKARTA Composite Index ***** *0.62 MANILA Composite Index
        87 words
      • Article
        Untitled
        411 12 In local currency In Si In I SS da> >ojr da> u-jr da> uar \K 14 Index ihanui' Chanel- cfcaagr clianm change cliangc WaU 410 > a* 146 I I 13.6 I 0 I U 544) 4 0.9 15.0 1.5 13.3 1.4 12.K lurtipe 427.2 1 4 17.2 1.7 12.7
        411 words
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  • WORLD STOCK MARKETS
    • European bourses enjoy sharp gains
      • Article, Illustration
        NEW YORK
        1004 13 STOCKS took a volatile ride in heavytrading in New York on Thursday before ending just about where they began. The Dow Jones Industrial Average gave up 2.97 points, to close at 2,952.23. Prices climbed steadily in the morning, with the Dow ahead 35 at one point, continuing a
        1,004 words
      • Article, Illustration
        LONDON
        790 13 LONDON SHARES soared to record highs on London's Stock Exchange on Thursday, as optimism about an interest rate cut swept a market severely short of stock. The Bank of Spain's move to cut a key interest rate on Thursday raised hopes of a cut in Britain's 13 per cent
        790 words
      • Article
        AMSTERDAM
        283 13 THE AMSTERDAM bourse on Thursday ended a day of fairly active trading 2.4 per cent up at its 1991 record high, supported by strong foreign markets and short covering ahead of the expiration tomorrow of March futures and options contracts. Dealers also noted some buying by institutional investors. The
        283 words
      • Article
        FRANKFURT
        308 13 GERMAN SHARE prices on Thursday ended mixed with a lower bias, with traders citing the expiry of futures on the 30-share DAX index as the main market factor. "About 90 per cent of today's volume was in trades linked to the (Deutsche Terminboerse) contract expiry," said Michael Krick of
        308 words
      • Article
        ZURICH
        326 13 SWISS share prices eased back from earlier highs to trade steady to marginally firmer at midsession, traders said. The firmer dollar supported shares in major Swiss industrial companies, while higher money rates weighed on banks and insurers. Shares in food group Nestle led the market higher after a buy
        326 words
      • Article
        BRUSSELS
        159 13 BELGIAN SHARES yesterday opened slightly lower in moderate trading, but recovered on strong gains by retailer Delhaize. Volume was 215 million francs at the start, slightly higher than in recent days. Delhaize rose 1.4 per cent at the start to 7,150 francs and reached 7.190 francs in the first
        159 words
      • Article
        MILAN
        229 13 ITALIAN SHARES yesterday shot higher an hour after the opening of official dealings on the first day of the April trading account. Brokers said much of the buy ing was driven by short covering, with selected shares drawing foreign interest in volumes running near Wednesday's heavy 261 billion lire.
        229 words
      • Article
        PARIS
        204 13 FRENCH SHARE prices closed sharply higher on Thursday as up-beat foreign markets bolstered the bourse to break a four-day losing streak. The CAC-40 index jumped 35.64 points or 2 per cent to end at 1.816.81, the first time it closed above the psychologically important 1.800 mark since March 8.
        204 words
      • Article
        STOCKHOLM
        63 13 THE STOCKHOLM bourse general in- dex on Thursday rose 1.17 per cent to a new year-high of 1.102.02 in vigorous trade influenced by strong foreign gains and continued high liquidity among Swedish investors, dealers said. The blue chip index climbed 0.63 per cent. Overall turnover reached 642 million crowns,
        63 words
      • Article
        JOHANNESBURG
        368 13 A MODEST RALLY in most top-line shares, sparked by renewed buying interest, helped lift the Johannesburg market out of its morning lethargy on Thursday afternoon, dealers said. However, volumes were no particularly heavy as many investors kept to the sidelines to await next Wednesday's South African Budget, they said.
        368 words
      • Article
        Lock icon TORONTO
        238 13 Reuter LAIDLAW was the talk of the Toronto Stock Exchange on Thursday after shares in the blue chip company plunged 19 per cent in heavy trade of about 20 per cent of the market's volume. dealers said. Canadian Pacific, one of the largest shares on the exchange, also plunged
        Reuter  -  238 words
      • Article
        Untitled
        46 13 Vienna Mar 14 Asch \kg Holding 4500 +30 E. Allgem (Prct) 3920 -f-10 Jungbun/I. %80 +40 Lacndcrbank (PncO 601 -5 I cn/ing 1500 +10 Lc\kam 474 +5 I Montana (X*stcrr. Brau 4250 +50 I Scmpcrit 134 unch Stovr 414 +3 Vcitschcr 792 +6 Source: Austrian Laenderbank
        46 words
      • Article
        Untitled
        89 13 March 14 Close PwiwH NEW YORK Dow Jones 2.952.23 2.955.20 -2.97 NYSF. Financial 145 41 145 69 -0 28 SAP 501) 373.50 374 57 -107 Turnover (million) 231.0 1760 +55.0 LONDON Financial Times 30 1.998 5 1.952.1 *46 4 FTSF 100 2.500.6 2.448 2 -t-52.4 Turnover (million) 798.7 830.6 -31.9
        89 words
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  • CURRENCY, MONEY & FUTURES MARKETS
    • Article
      Lock icon Mark sharply down against greenback and other currencies
      1257 14 REPORTS Reuter THE MARK yesterday opened sharply lower against the US dollar and weaker against most other major currencies as it came under fresh pressure from more dollar bullishness and worries about events in the Soviet Union. The mark began at 1.5840
      Reuter  -  1,257 words
    • Article
      INTERBANK FOREX RATES
      391 14 Cross rates Mar 15 I US$ S$ MS Dm Yen SFr AS NZS USS 1.7545 2.7365 1.5865 136.50 0.5414 1.3735 1.3004 ***** SS 0.5700 1.5597 0.9042 0.7780 0.3086 0.7828 0.7412 0.9523 MS 0 3654 64.11 0.5798 0.4988 0.1979 0.5019 0.4752 0.6106 Dm 0.6303 1.1059 1.7249 86.04 0.3413
      391 words
    • Article
      MONEY MARKET
      571 14 Interbank rates S$ Bid Offer Overnight 4 3/8 4 1/2 1-month 4 7/16 4 9/16 2-month 4 9/16 4 11/16 3-month 4 5/8 4 3/4 fKcrnight mode: 4-1/4 LS$ Bid Offer 7 days 6 6 1/8 1 month 6 1/4 6 3/8 2 months 6 1/4 6 3/8
      571 words
    • Article
      Lock icon Devaluing NZ$ is not the solution: Richardson
      321 14 Reuter NEW Zealand Finance Minister Ruth Richardson rejected calls for a devaluation of the New Zealand dollar, saying it would not help exporters be more competitive in the long run. "It is with some surprise and frustration that I still hear the chorus
      Reuter  -  321 words
    • Article
      Lock icon CFTC defends market response to crisis
      227 14 Reuter AMERICA'S energy markets responded correctly to the Gulf crisis and to the 1989 heating oil shortage; and federal regulators were right not to intervene, said Commodity Futures Trading Commissioner William Albrecht. Mr Albrecht, in prepared remarks for a Senate Governmental Affairs Committee, said:
      Reuter  -  227 words
    • Article
      FINANCIAL FUTURES
      1285 14 SI EX E MM I'irv 1 Open High Low Sett Est Vol Op/Int Vol Mar 91 93.62 93.64 93.61 93.64 5000 7935 5731 Jun 91 93.54 93.55 93.52 93.54 6500 ***** 9628 Sep 9 i 93.27 93.27 93.23 93.26 2200 6468 2218 Dec 91 92.80 92 80 92.77
      1,285 words
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  • COMMODITIES
    • Article
      Lock icon Prospects for rubber not bright: M'sian board
      305 15 Bernama THE Malaysian rubber market in January continued to be in the doldrums because of soft demand, caused by discouraging performances in the world economy, especially the downturn in the motor vehicle and tyre industries. The Malaysian Rubber Exchange and Licensing Board said
      Bernama  -  305 words
    • Article
      Lock icon Europe expected to maintain sugar output
      304 15 Reuter GERMAN statistician FO Licht said European sugar output and export availability did not appear likely to change much in 1991/92. "It seems from this early vantage point, that despite the fall in the world market price and the price proposal of the EC
      Reuter  -  304 words
    • Article
      Lock icon Sugar intake expected to hit record
      145 15 Reuter WORLD sugar consumption in 1990/91 is forecast to rise to a record 110.96 million tonnes, up 1.5 per cent from the revised estimate for 1989/90, and slightly below the estimate made in November, US Agriculture Department economists said in a report on sugar
      Reuter  -  145 words
    • Article
      KL tin price falls six sen on easier trade on LME
      858 15 REPORTS THE PRICE of tin went down by six sen at M$ 14.87 per kg on the Kuala Lumpur Tin Market yesterday following easier trading on the London Metal Exchange overnight. Dealers said the LME was down by US$4O
      858 words
  • Article
    PRICES
    1301 15 Rubber Mans S cents/kg Noon Close Int I RSS Prompt I44.2V145.25N 144.50/145.50N Int 1 RSS Apr 91 146.25/146.75 146.50/147.00 Int 1 RSS May 148.75/149.25 149.00/149.50 Int 2 RSS OP I43.50/145.50N 143.50/145.50N Int 3 RSS OP 138.50/140.50N 138.50/140.50N Int 4 RSS OP 134.50/136.50N 134.50/136.50N Int 5 RSS OP 130.50/132.50N 130.50/132.50N
    1,301 words
  • Page 15 Advertisements
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      Page 15 Advertisements Column 1
      11 15 Your search for EXECUTIVE OPPORTUNITIES begins with the EXECUTIVE APPOINTMENTS page
      11 words
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      Page 15 Advertisements Column 2
      102 15 FEATURES SINGLE AND BROKE Women who spend, spend, spend OUR INCREDIBLE, OUTMODED SEXUAL HANG-UPS Sifting the ridiculous from the real WHAT I LEARNED FROM MY BUSINESS MISTAKES Lessons from an entrepreneur UPDATES ON FERTILITY The latest baby-making ways MEN WHO CHEAT How they can repair the marital breach 10 THINGS
      102 words
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      Page 15 Advertisements Column 3
      34 15 READ G H A R T P 0 1 N T EVERY 8 A I U R D A Y IN B U s I N E S S T I M E 8
      34 words
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  • Article, Illustration
    National interest comes first: BG Lee
    345 16  -  Strong body to represent national business interest needed By Schutz Lee NATIONAL interest, not ethnic sentiment, should take precedence in the working relationship of the various chambers of commerce under the Singapore Federation of Chambers of Commerce and Industry (SFCCI), said the Minister of
    345 words
  • Article
    First quarter looking bright
    161 16 INDICATORS for the first quarter economic growth so far are "optimistic", said Brigadier-General (Res) Lee Hsien Loong. Speaking to reporters after the installation of the 46th council of the Singapore Chinese Chamber of Commerce and Industry, the Minister for Trade and Industry said that the figures
    161 words
  • Article
    Lock icon 'No' vote will hurt Gorbachev, not union: Yeltsin
    286 16 AFP RUSSIAN LEADER Boris Yeltsin told the country yesterday that a "No" vote in tomorrow's referendum on whether, to retain the Soviet Union federation would hurt Mikhail Gorbachev rather than spell the break-up of the union itself. The critical referendum on the
    AFP  -  286 words
  • Article, Illustration
    Help for small law firms in computerisation
    393 16  -  Yesterday in Parliament By Kenneth James GIVEN the importance of computerising the legal system, small law firms "will be treated no less favourably" than other small enterprises if they apply for financial assistance from the National Computer Board, Law and Home Affairs Minister
    393 words
  • Article
    Telecom may reduce time-based charges to 1.4 cents/min
    365 16  -  By Dexter Lee SINGAPORE TELECOM may reduce time-based charges for local calls from 1.5 cents to 1.4 cents per minute, and give a rebate of up to 30 per cent for evening calls. This was disclosed by Dr Yco Ning Hong, the
    365 words
  • PARLIAMENT BRIEFS
    • Article
      Fairer deal for cabbies on road and diesel tax
      77 16 TAXI DRIVERS may eventually be allowed to pay road and taxi diesel taxes on a fairer basis. Mr Lew Syn Pau, MP for Tanglin, argued yet again that the current basis was unfair because owners whose taxis were registered in the
      77 words
    • Article
      Privatised food centres: prices only a bit higher
      75 16 PRIVATISATION of hawker centres will result in only "marginally higher" food prices, and not a 20 to 25 per cent increase as alleged by Potong Pasir MP Chiam See Tong. Mr Chiam, who also claimed that stall rentals would rise 4 to
      75 words
    • Article
      Sensor-operated flush valves in public toilets
      34 16 TAKING the hassle out of flushing, government offices have a programme to fit sensor-operated flush valves in their toilets over the next three years, the Environment Minister said.
      34 words
    • Article
      Fewer seizable offences in 1989 and 1990
      59 16 THE NUMBER of seizable offences fell in 1989 and 1990, the first time in ten years that the crime rate has fallen in two consecutive years. Home Affairs Minister S Jayakumar said while this showed police methods have been effective, public cooperation with
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    • Article
      Central police agency at Yishun on the cards
      56 16 THE NEW Police Academy to be built in Yishun will be developed as a central agency for all law enforcement officers, sharing resources and common facilities where possible. Details are being worked out, but the Academy will hopefully be realised within the
      56 words
    • Article
      Conveyancing could be handled by others
      56 16 THERE IS a possibility that conveyancing matters may eventually be handled by persons other than solicitors. This proposal by the member for Cheng San GRC, Heng Chiang Meng, will be taken up by the Law Ministry, which will discuss the matter with members of
      56 words
    • Article
      Annual Civil Defence exercise planned
      59 16 CIVIL DEFENCE exercises will go national, hopefully by next year, with a nation-wide exercise to be held every year. Announcing this. Prof Jayakumar agreed with GPC Chairman for Law and Home Affairs Arthur Beng that it would be useful to "inject some realism" into some
      59 words
  • Article
    Singapore urged to set up permanent Dubai trade office
    445 16  -  From Walton Morais in DUBAI SINGAPORE needs to set up a permanent trade office in Dubai if Singapore businessmen want a slice of the multi-million-dollar reconstruction pie in Kuwait, says the director of the Dubai Chamber of Commerce. Currently, Singapore has
    445 words
  • Article, Illustration
    Lock icon US troops re-take advanced positions in Iraq: report
    352 16 Agencies AMERICAN TROOPS are re-taking advanced positions they abandoned in the Euphrates River valley in Iraq in an apparent bid to pressure Baghdad to sign a formal ceasefire agreement, the Los Angeles Times reported yesterday. Although allied and Iraqi military leaders agreed
    Agencies; Reuter picture  -  352 words
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  • Executive Lifestyle
    • Article, Illustration
      Lock icon So you think you are a yuppie?
      1348 17  -  Well, we have news for you. S N Vasuki discovers you're a figment of the media's imagination, while Samuel Ee gets a sociologist's view. y S N Vasuki Samuel Ee THE RISE and fall of the American Yuppie is one of the most
      Graphics by Ben Cruz  -  1,348 words
    • STRAWS IN THE WIND
      • Article
        Call 4 help
        65 17 THE Samaritans of Singapore (SOS) ought to look at changing its hotline number if it wants to help people choose NOT to die. At the moment, if you're feeling suicidal, the number to call is 221-4444 ("die" in Cantonese). What's more, the hotline is open 24 hours
        65 words
      • Article
        Side order
        66 17 LOOKS like you can have young girls with your crabs at Newton Circus' hawker centre these days. Besides the usual Hokkien mce or crayfish being touted there, a tourist was recently approached by an old man who whispered "Young girls? Young girls?". The tourist was too shocked to
        66 words
      • Article
        Barter trade?
        44 17 A COLLEAGUE went shopping one day and instead of giving her DBS ATM card to the cashier, accidentally presented her red organ-donor card instead. The salesgirl looked at it and said: "Surely you don't have to pay for this with your kidneys?"
        44 words
      • Article
        Lean Mac
        28 17 AND now, McDonalds is going to introduce a low-fat hamburger. "Perhaps they are tired of living oft the fat of the land?" quipped one wise man.
        28 words
    • OPINIONS
      • Article
        Financial sector slow to blaze that charity trail
        930 18  -  Why is it, asks Quak Hiang Whai, there are only six participants in the DBS Charity Investment Race when 96 invitations were sent out? Quak Hiang Whai The writer is a BT jburnalist THE Community Chest of Singapore needs $23.7 million in
        930 words
      • Article, Illustration
        Bridging the Gulf
        973 18  -  The Arab world suffers from great disparities in the distribution of wealth. This rich-poor gap has to be eliminated. If not, says Salu Tripathi, all the peace efforts in the Gulf will come to nothing Salil Tripathi I he writer is a BT journalist EVEN before hostilities
        973 words
      • Article
        Likely impact of proposed changes in CPF contributions exaggerated
        573 18  -  Jennifer Mao Senior Lecturer NUS DOES the proposed one percentage point increase in the CPF contribution of the employer mean a one per cent increase in the employer's labour cost? That seems to be taken for granted in several debates, but
        573 words
      • Article
        Unleaded petrol: Only a Caltex user can make a claim
        262 18  -  Jane E Sheridan Marketing Manager Retail Caltex (Asia) Ltd WE refer to the article "Unleaded petrol guarantees arc legally binding" which appeared in the Law Page (BT, March 6). As was correctly pointed out, the Caltex Guarantee is binding on
        262 words
      • Article
        Protecting steel structures against corrosion
        147 18  -  Shum Chee Hoong for Chief Structural Engineer Housing and Development Board PLEASE refer to the letter "Safety should come first," (BT, March 2-3). The writer recommended that the government should insist on galvanising as a standard protection against corrosion in all construction projects. The HDB
        147 words
      • Article
        Writer inconsistent on Chinese business acumen
        207 18  -  Cedric Jansz Singapore 1646 I CANNOT reconcile with the article "All the right connections" by Matthew Montagu-Pollock, Finance Editor of Asian Business, with its strong bias in favour of Chinese business acumen (BT, Feb 13). In the May 1989 issue of the same publication,
        207 words
    • SPORTS
      • Article, Illustration
        Lock icon Still taking them by storm
        776 19  -  Ben Johnson's comeback includes a lot of PR work, reports Marc Fisher Marc Fisher IHT HE's "Back on Track" and he's yours if you still want him. For US$7 (S$ 12.25), you can buy a poster of him churning down the track, his thick gold
        IHT  -  776 words
      • Article, Illustration
        Lock icon Edberg, Sampras receive top ATP awards
        583 19 Agencies STEFAN EDBERG of Sweden, who won a career-high seven singles titles including Wimbledon, was named 1990 ATP Tour Player of the Year at the ATP awards gala on Thursday. Edberg, 25, who became the number one player in the world last year, was
        Agencies  -  583 words
      • SIDE LINES
        • Article
          Chicago Bulls charge to the top of NBA league
          104 19 FOR a day maybe longer the Chicago Bulls are the NBA's best. With 15 victories in their last 16 games, the Michael Jordan-powered Bulls have shot to the top ot the league with a 46-15 record a half-game better than Portland
          104 words
        • Article
          French win original dance event
          57 19 FRANCE'S Isabelle and Paul Duchesnay kept the pressure on the top Soviet pairs by winning the original dance event at the world figure skating championships in Munich on Thursday. The victory moves them into second place overall in the ice dance standings, behind Maia Usova
          57 words
        • Article
          New flyweight champion
          61 19 ELVIS ALVAREZ of Colombia became the new World Boxing Association flyweight champion in Tokyo on Thursday with a unanimous points win in 12 rounds against Japan's "Leopard" Tamakuma. The challenger made the most of his favourite stinging right jabs and nimble footwork to win the verdict at
          61 words
        • Article
          Venables in negotiations
          88 19 TOTTENHAM Hotspur manager Terry Venables has made a £20 million (Ss64 million) takeover approach that would put him on the board of the English First Division football club. Negotiations underway between Venables' consortium and club chairman Irving Scholar will determine not only the control of the indebted
          88 words
        • Article
          Pascal Lance overtakes leader
          83 19 FRENCHMAN Pascal Lance swept 27 seconds ahead of Tony Rominger of Switzerland on Thursday to take the lead of the Paris-to-Nice cycling race. Rominger, who had held first place since the race began Sunday, dropped to second. France's Christophe Chaubct maintained third place, 31 seconds behind
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        • Article
          Hobday leads in first round
          66 19 JUSTIN HOBDAY of England knocked in a 30-foot birdie after a penalty drop on the par-5 17th hole on Thursday and finished with a 7-under-par 65 and a one-shot lead after the first round of the Catalan Open. Jose Maria Olazabal eagled the 17th and
          66 words
      • Article
        Lock icon Government's pro golf investigation is routine
        457 19 AP A GOVERNMENT investigation of men's professional golf in the United States was launched several months ago and so far has produced no feedback to the US PGA Tour, the tour's top official said on Wednesday. Deanc Beman, the tour commissioner, said his organisation
        AP  -  457 words
      • Article
        Lock icon Aussie programme to train junior tennis aces
        402 19 AP JOHN NEWCOMBE and Rod Laver were overseas and couldn't be there. Ken Rosewall had a previous commitment. It was probablv just as well. What the former Australian tennis heavyweights would have seen on Thursday at Sydney's venerable White City courts, home of
        AP  -  402 words
      • Article, Illustration
        Lock icon Off-season conditioning pays off for Faldo
        499 19 AP SOME added power and that old. familiar precision enabled Nick Faldo to compile a bogey-free 67 and move within a stroke of the lead in the Nestle Invitational at Orlando. Florida in his first competitive start of the year. Faldo. heavier and stronger
        AP  -  499 words
    • EPICURE
      • Article, Illustration
        The garden party
        633 20  -  Quek Swee Peng takes a walk (or rather the escalator) to Canton Garden Quek Swee Peng ITS A TALE of courtyard, patio and private rooms. And it's peculiar to the 90s. Or for that matter even the late 80s. Especially if the colour code is Hong Bao
        633 words
    • LIFESTYLE
      • Article, Illustration
        Lock icon Tiramisu takes Japan by storm
        1050 21  -  Japan, a society closed to many things, is open to trends more than most outsiders realise. Now tiramisu is demonstrating anew how a foreign product can enter Japanese markets. James Sterngold looks at the phenomenon James Sterngold NYT For trendier Japanese, European flair is in
        NYT  -  1,050 words
      • Article, Illustration
        The Admiral's chateau from Beychevelle
        608 21  -  WINE By N K Yong THE NAME is Chateau Beychevelle, Saint Julien, a fourthgrowth in the 1855 classification of Bordeaux's chateau, but its reputation and its price today places it firmly amongst the second-growths. This is a very widelyknown and popular chateau, especially in England
        608 words
      • Article, Illustration
        Polish player wins Best Play Award in Europe
        397 21  -  BRIDGE By Sybil Holloway THE 1989 International Bridge Press Association Solomon Award for Best Play was won by Miss Raczynska of Poland. It was like playing a beautiful mazurka, said Guy Dupont, who reported her award-winning play during the European Championships. Playing
        397 words
      • Article, Illustration
        Lock icon A marketing hoax called yuppie
        1002 22  -  Yuppies could be the biggest marketing fraud of the 20th Century it was mostly hype and mainly nonsense, writes Christopher Reed Christopher Reed THE DEATH of the Yuppie has been pronounced in the US, a demise likely to cause fear and alarm for makers and
        Punch  -  1,002 words
      • Article, Illustration
        Rare CDs: a specialist comes to town
        591 22  -  A music-loving, record-collecting couple has turned their interest into an enterprise, Jennifer Lien reports Jennifer Lien UN-ISSUED Beatles originals, obscure world music, reggae, soul, and pure, unadulterated jazz may be rare but they are now available in town because of a music-loving, record-collecting
        591 words
      • Article, Illustration
        Little rabbit takes a shortcut
        658 22  -  Chuang Peck Ming reviews the latest novel in John Updike's Rabbit series that provides decade-end reports of American life Chuang Peck Ming Rabbit At Rest. By John Updike Alfred A Knopf. 512 pages. $34.95. ITS MORNING again in America. On that rosy note, Ronald Reagan
        658 words
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        Little charms of big China
        1111 23  -  With an eye for beauties and a stomach for exotic food, John Tan discovers that there's more to China than its Great Wall and Tiananmen Square John Tan SOME PEOPLE go to China to trace their roots, but 1 went there in search of good
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        Spellbound
        613 23  -  Quek Swee Peng ventures into the bold, bizarre and beautiful realms of the Parisian artist Quek Swee Peng JULIUS BALTAZAR is not his real name. The decision to assume this biblical and regal identity was made by the late Salvador Dali. But unlike Dali, Baltazar is not a Surrealist,
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    • PERSONAL FINANCE & INVESTMENT 1
      • DON'T QUOTE ME!
        • Article
          Charging a premium on charge card users
          274 24  -  Compiled by Lee Han Shih LOCAL credit/charge card operators may well be getting nervous. On March 7, something happened in Britain that could one day happen in Singapore too. Starting March 7, British retailers may charge customers more if they pay with credit/charge
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        • Article
          A lesson in horse sense
          68 24 THIS IS ONE of life's little ironies. The unflappable Macau casino king Stanley Ho, who is honorary president ot the Royal Society for the Prevention of Cruelty to Animals (RSPCA), has just been blasted by the RSPCA. The society is castigating him for proposing year-round
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        • Article
          A British forte: the bathroom?
          138 24 THREE guesses on what is the top British export in terms of world market share? The answer is whisky, whisky, and more whisky. According to the study "Competitive advantage of nations", British whisky has 77.7 per cent of the global market. It is also a
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      • Article
        Lock icon US investors relying on bond insurance for certainty
        319 24 NYT WITH INVESTORS searching for certainty, bond insurance in US has become a big business. Last year, about US$5O billion (SsB7 billion) principal value of bonds were newly insured, up from $45 billion the previous year. In total, about $450 billion in
        NYT  -  319 words
      • Article
        Lock icon Playing the new breed of adjustable rate funds
        291 24 NYT Looking for a fund that has everything? High yields? And stable principal? And guarantees by the United States government or one of its agencies? A new breed of funds adjustable-rate mortgage funds is one solution, although critics say there are problems.
        NYT  -  291 words
      • Article, Illustration
        STII needs further consolidation to climb over 1990 top formation
        190 24 CHART THOUGH rotational interest persists, the blue-chip Straits Times Industrials Index (ST1I) appears to have encountered resistance as it approaches its 1990 top formation area. This has given the RSI (relative strength index) a chance to decline to more acceptable
        190 words
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        Lock icon S$ will retain strength in long term
        535 24  -  With a strong economy, the Singapore currency is expected to firm up against the US$. Chew Eng Han reports Chew Eng Han THE Singapore dollar is expected to weaken to between 1.77 and 1.78 against the US dollar in the next few months,
        Source: TeleTrac  -  535 words
      • Article, Illustration
        Seoul stock market set for a major rebound next year
        1256 24  -  By Quak Hiang Whai INVESTING in the South Korean stock market could mean substantial rewards next year, according to Dr John C Quinn. the resident director of Wardley Investment Services. Writing for the bimonthly Asia Insurance Review, Dr Quinn said
        1,256 words
      • Article, Illustration
        C$ expected to fall to 83 cents
        1076 25  -  With trading sentiment and official central bank policy all geared towards a stable exchange rate, the Canadian dollar may well be able to hold firm. But EP Neufeld sees other risks E P Neufeld Dr Neufeld is the executive vice-president, economics and corporate
        1,076 words
      • Article
        Taking the right steps before making claims
        1121 25  -  TAKING COVER By Alan Street Professor Street is with the NTI. This article was contributed by the Life Insurance Association of Singapore. SO FAR in this series, we have been -concerned primarily with discussing the various types of life insurance policies that are
        1,121 words
    • JOBS
      • Article, Illustration
        Mraz's big lethal business
        1222 26  -  What is it like to make a career selling weapons like Harpoon missiles, F/A-18 Hornet fighters and attack helicopters? Harish Mehta talks to Singapore-based arms merchant Charles Mraz of McDonnell Douglas. Harish Mehta HE is the complete arms merchant. A man who began his career developing
        1,222 words
      • Article
        Job ads go high tech
        292 26 THE scalpel-sharp corporate competition to recruit university students approaching graduation has spawned a new service on Japanese campuses. By simply pushing buttons on a video terminal, students can call up company information free of charge. The Japan Economic Journal says that more and more universities
        292 words
      • Article, Illustration
        EXECUTIVE MOVES
        488 26 Mr King I him Poh has been appointed Managing Director of BP Singapore Ptc Ltd. His new appointment is in addition to his responsibilities relating to major projects in South-east Asia. He has, over the past 15 years, held various senior positions in BP Oil. both in the
        488 words
    • Article
      AIRCRAFT ARRIVALS AND DEPARTURES
      1081 27 Ctty Flight ETA night ETO City Flight ETA Flight ETO AdMMd. SQ228 QF81 1910 2010 QF82 2115 MH644 MH/SQ 1720 1800 SQl 10 SQl 12 MH631 1445 1545 1610 >■■■■ RJ83 0350 671 MH610 MH643 1715 1730 Amsterdam SQ23 KL837 1345 1505 KL838 SQ24 2150 2215
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    • THE TRAVEL PAGE
      • Article, Illustration
        A summer hangout for the rich
        474 27 LETTER FROM TURKEY Bodrum, with a population of only 13,000, is the most international and least Turkish of Turkey's cities. Renowned for its foreign restaurants, Bohemian atmosphere and noisy, swinging nightlife, it appeals to young foreigners and Western-ori-ented Turks who flock there in the
        474 words
      • Article
        MONEY CHANGER RATES
        148 27 As at 3pm yesterday: I>ocal dollars to one unit of foreign currency Currencies Bid Offer Australian dollar 1.3440 1.3640 Canadian dollar 1.5000 1.5200 NZ dollar 1.046 1.080 Sterling pound 3.2200 3.2500 US dollar 1.7480 1.7630 lixvl dollars to 100 units of foreign currency Austrian schilling 15.50 16.50
        148 words
      • Article
        WORLD TRADE EXHIBITIONS
        76 27 Duration Title Venue Organiser Tel March International (icrmans Hamburg Mes.sc (4'J>40/356 t X) 15-20 Exhibition for L'nd Congress the Hotel. GmbH Restaurant. C atering. Baking Confectioners Trades March The Scottish Britain Scottish (44) 31/ 17-21 Hotel Catering Exhibition *****86 Duration Title Venue Organiser Tel and Licensed Conference
        76 words
    • TIME OFF
      • Article
        THEATRE
        97 28 The Singapore Guitar Quartet preby RobHpm Mozart The Legacy The international Festival year Mo/art s Mar Munich string Trio Andras Adorjan (flute) Quartet Appendix 171, Quartet D Major KV 285, Divertimento in E Flat Major for Violin. Viola and Violoncello KV 563. Goethe-lnstitut Auditorium. Mar 20 at Bpm Private
        97 words
      • Article, Illustration
        EXHIBITIONS
        220 28  -  Compiled by K Jayanti r W«rk« J' 0 an ,on worRS m 0,1 This is his first one-man exhibition where he will display recent oils beautiful landscapes of Paris and Singapore, and some early but important works. Art Gallery, 78 Shenton on Sunjav Public 56refld, P ,t y Sri
        220 words
    • Article, Illustration
      CINEMA
      624 28 Dances With Wolves Kevin Costncr does a jig with a nervous wolf and is immediately baptised by the Siouxs with a Red Indian name. If you think that's intriguing, consider the fact that this threehour Western, directed by Costncr himself, also won a Golden Globe for Best Picture as
      624 words
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      13 17 Yuppies could be the biggest marketing hoax of the 20th Century, EL 6
      13 words
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      Page 17 Advertisements Column 2
      117 17 ■fjnwsKH •7 WANT YOU TO RIDE FOR ME AT ROYAL ASCOT." J k Bfc muffin*'vi" A I W t, la V OMEGA. The watch that records the world's significant moments. :/3F At the Olympic Games. In outer space. And exclusively for you. *=sjg TO/ Qjm The Omega Constellation is available
      117 words
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      183 20 WHERE TO WINE, DINE AND ENTERTAIN WHERE TO WINE, DINE AND ENTERTAIN WHEBE TO WINE, DINE GENUINE PENANG FARE LET OUR PENANG CHEF INTRODUCE HER NEW RECIPES AT THE NEWLY RENOVATED PRINCESS TERRACE CAFE THE PLACE FOR AUTHENTIC PENANG SPECIALITIES. A RENDEZVOUS FOR FINE MEALS AT CAFE PRICES. OR LIGHT
      183 words
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      Page 20 Advertisements Column 2
      366 20 FEAST I YOUR EYES ********** l 111 ON THE PLUM'S TEWELS ******************** l OF THAILAND From Ist March 17th March five of the finest exponents of Thai Cuisine will masterfully prepare a plethora of appetising dishes. The buffet will be available for both lunch (12 noon 2.30 pm) and dinner
      366 words
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      Page 20 Advertisements Column 3
      233 20 Have Poolside "BBQ Buffet" Under the Stars! "T Now, besides our weekend V, steamboat buffet is the new "allym can-eat" Knhcquc BBQ Buffet' Available only on fine utather Steamboat Buffet' So Head /or Sky Garden Poolside where you get more than your fair share of moonlight dining! S^\^ o T^'
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      Page 20 Advertisements Column 4
      348 20 $rit SE For the next three weeks, British Buffet Lunch |9fllßg we'll treat you like royal- Mlrft 1-21 bBHI ty at our Bntish Buffet. IT, L Noon 2.30 pm HSHU With over 60 traditional rmh favountes, you'll be back Aduh J36+ Mm for seconds, thirds... Child below 10: $18 tt>
      348 words
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      260 21 AND ENTERTAIN Brunch Is A Family Affair Every Sunday. SUNDAY BRUNCH: II AM MB ■djmjT fm? ADULTS WB »J> oo»♦ CHILDREN Every Sunday, Hubertus Grill becomes the venue for a great Sunday family outing. A scrumptious buffet spread is laid out for both grown-ups and children. A\ ANA HOTEL 16
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      Page 21 Advertisements Column 2
      86 21 SUNDAY B FAMILY m BRUNCH H (ST for children under 12) TEE-OFF CAFF. R9 BAY GOLF Si COUNTRY CI .UB Ksl 6 MARINA GREEN SINGAPORE 0101 FOR RESERVATIONS PLEASE CM J. 221 2811/322 4221 TKe freshest, liveliest seafood place in town. "You'll have to go a long way to find
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      12 25 (<3w) Great Eastern Life xJQQ/ We take care of you for life
      12 words
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      Page 25 Advertisements Column 2
      509 25 I H B H h, H Hi I The eaAieAt way of turning shares into cA^a*tjAcjjiat Quick and Easy. Get instant cash for your shares over the counter at any of our 28 branches Loans from $2,000 to 130,000 Borrow for one, two or three months Use the loan for
      509 words
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      132 26 TELEPHONE: 7)0-59>7<S90ifS9<; > FAX: D4HII [PRODUCT MANAGER W« Responsibilities Include: I am manufacturing Establish local and Asian iiifiilf iij m regional market. Ir n Work closely with R&D to JW MFTiptC develop products catering to ww# market needs. I Start-up and be responsible r 1 product* **ch «i for activities
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      Page 26 Advertisements Column 2
      168 26 DHL IN THE NEWS Advertisement CUSTOMER SERVICE THE DHL WAY DHLs commitment to sive to customers'queries for tries; by utilising the conveservice quality is something booking a shipment, ordering nient frequencies of more that is central to its business, supplies, or tracing a con- than 172 scheduled airlines DHLs Mission
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      Page 27 Advertisements Column 1
      40 27 When it comes to flying to Munich, no other airline comes Klaus to Finnair. Because Finnair flies twice-weekly from Singapore direct to Helsinki then onto over 30 European destinations. Call *****77 for details. We know Europe from start to Finnish.
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      Page 27 Advertisements Column 2
      67 27 WHAT? NO SHOW? Yes-no, on-off, here we come, here we g0... It's been happening too often. Big shows involving Debbie Gibson, Kylie Minogue, George Lam and INXS have been cancelled after fans were told they were coming. Who is to be blame: Promoter or performer? Find out in your Weekender
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  • Page 27 Miscellaneous
    • Miscellaneous
      Page 27 Miscellaneous Column 1
      305 27 1 You will be lucky if you 8 Punishment for one get- ting in the money (7) I I 1 1 I 9 Hairless one in church gets U H HI shoulder sash 11 Ham for girl during the 11 Fundamental, bH state in America? (7) _JBL— 13 Ointment needed
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    • Miscellaneous
      Page 27 Miscellaneous Column 2
      169 27 World forecast Asia-Pacific Ili/Lo* Cond. Auckland 23/17 Showers Bangkok 34/24 Fair Beijing 06/-3 Sunny Brunei 3(V24 Fair Hongkong 24/17 Cloudy Jakarta 30/24 Showers Kuala Lumpur 33/24 Fair Manila 31/24 Fair Melbourne 29/16 Sunny |»crth 31/16 Sunny Seoul 021-4 Snow Sydney 28/19 Sunny Taipei 20/16 Cloudy Tokyo 11/05 Showers Wellington 21/14
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    • Miscellaneous
      Page 27 Miscellaneous Column 3
      33 27 fot'ir *>»****} BRJ^OG)....vohkt VmfraO CAN'T WeuP NOO, mfc OGfTv/N V I DftTe DID NOj <JOIN "TH6. PIRM 7 OUR €N-nfce svsTen mpvs &*o<fen J f > g as 0375 C EVENING STANDARO CO LTO IM2-IMI
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  • Page 28 Miscellaneous
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      Page 28 Miscellaneous Column 1
      1892 28 TODAY'S TV j Drama 1' :VH!3.00 Mmi Ria Bersama Anda. i Dan 400 Halaman Pertanian Khas Pi 1 6.30 Religious Programme. cP? V l' the at mo- Religious Programme. but to up vc Tu\ t wH L ib iß l sSi!crippled brother Sicilian dish that t 7.26 MiihrftPr^UL them Rather
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    • Miscellaneous
      Page 28 Miscellaneous Column 2
      624 28 MOVIES ON TV Mary, Queen of Scots, Mon, The Godfather I, Wed, 10.30pm, SBC 12 9.30pm, SBC 12 Mary, Mary, you 're quite eon- The granddaddy of all godfatrary, but what a naughty lit- thers, the father of Christian tie queen you are. Don't Brando and the son your faexpect
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