The Business Times, 28 December 1991

Microfilm: NL17726
Total Pages: 26
1 26 The Business Times
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  • Title Section
    Masthead
    17 1 Business Times THE BUSINESS PAPER FOR S-E ASIA MITA (P) 35/12/91" Weekend Edition, December 28-29 1991 75*
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  • NEWS & MARKETS SUMMARY
    • Article
      Footsie Higher
      30 1 LONDON Share prices surged on the London Stock Exchange in a half-day session yesterday. At the 12:30 pm close, the FTSE 100 was up 34.3 points at 2,418.7.
      30 words
    • Article
      Dow higher
      29 1 PRICES on Wall Street yesterday opened slightly higher yesterday with the Dow Jones Index of 30 leading industrials 1.12 points (0.04 per cent) up at 3,084.08 points.
      29 words
    • Article
      Taiwan to allow firms to recruit foreign workers
      75 1 TAIPEI Taiwan will allow companies to recruit workers from Thailand, the Philippines, Malaysia and Indonesia providing the firms have branches in those countries, labour officials said. "We have tentatively agreed to allow local firms which have branches in the four countries to
      75 words
    • Article
      CityDev profit
      29 1 CITY DEVELOPMENTS has achieved an after-tax profit of $35.43 million for the nine months to Sep 30, just $8.5 million short of 1990's fullyear earnings Page 3
      29 words
    • Article
      Inno-Pac's Lucky move
      31 1 INNO-PACIFIC Holdings Ltd has exercised its put options with vendors Wartakaya and Lam bang Maju to repurchase 10.36 million Lucky Man shares at M 510.19 million. Page 3
      31 words
    • Article
      Growth and stability
      29 1 THAILAND'S economic growth next year will hinge on the political stability of the country, with next year's general election seen as an important event Page 4
      29 words
    • Article
      Assurance from Bush
      33 1 GEORGE BUSH has issued a statement welcoming foreign investment in the United States. The assurance aims to ease Japanese anxiety ahead of the president's Asian trip next week. Page 5
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    • Article, Illustration
      STOCK INDICES
      28 1 Friday Change BT-MGA 716.53 +4.67 Kuala Lumpur ....551.80 +1.32 Tokyo 22,437.32 -117.75 Hongkong 4,236.20 43.44 Sydney 1,608.7 +33.6 Thwsday Change New York 3,082.% 31.98 London closed
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    • Article
      CURRENCIES
      22 1 us?!!!!!!!. s$ 1.6260 100 Yen SS 1.2915 MS SS 0.5940 Money market rates Overnight 1 1/2 -2 1/2 3-month 3 unch
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    • Article
      COMMODITIES
      32 1 London Md AM fix US$$356.10 -US$3.40 S'porc Jan 126.00*/kg +0.50 M'sia Jan Closed'/kg KL Tin Turnover 615tonnes +6 Spot MSl4.81/kg unch Crvdo palm oM Turnover 1,099k>ts -206 Jan MS917 /tonne -2
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  • Article
    Death of Japanese businessman leaves banks in the lurch
    539 1  -  Lenders' total losses could reach $40m By Conrad Raj SINGAPORE The death of a Japanese businessman has placed some banks in a quandary over how to recover millions of dollars in loans. At the same time, the ease with which loans
    539 words
  • Article
    Lock icon Rutskoy attacks Yeltsin's economic reforms
    311 1 The Russian commonwealth AFP MOSCOW The rift in the Russian leadership widened further on Friday as Russian Vice-President Alexander Rutskoy attacked Boris Yeltsin's economic reforms and warned that planned price rises could bring dictatorship. In Georgia, fighting intensified as rebel national guardsmen captured the headquarters
    AFP  -  311 words
  • Article, Illustration
    No flag at Soviet embassy in S'pore
    148 1 SINGAPORE The disintegration of the Soviet Union and the resignation of President Mikhail Gorbachev yesterday has left the Soviet embassy in Singapore without a flag and country. The embassy lowered the haniaer-and-sickle Soviet flag on Monday but has yet to raise an alternative
    148 words
  • Article, Illustration
    Two directors charged with criminal deception
    516 1  -  Both are prominent members of the securities industry By Dawn Tan SINGAPORE The Commercial Affairs Department (CAD) has charged two prominent members of Singapore's securities industry with criminal deception for allegedly having made multiple share applications. Patrick Teo, managing director of merchant bank N
    516 words
  • Page 1 Advertisements
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      Page 1 Advertisements Column 1
      133 1 MRrdU i i. x When autocracy is a better option. EL 2 The COE I conundrum. EL 2 n m _7j COVER in The Turkey. Awards. Guess what she won. EL 1 Aroaft SctaAta a 11 Comnwdfces 13 Coopm News 3 Crypbc Crossword a 11 Executiw lota a 10 Futures
      133 words
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      Page 1 Advertisements Column 2
      33 1 PURSUITS More Twksy Awards. EL 6 Old Gringo -g J 17T 7 reviewed ll HuaHin. EL 7 Russian ministers say yes to privatisation plan, Pg S China recognises Russia, other republics, Back Page
      33 words
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      Page 1 Advertisements Column 3
      123 1 PURSUITS Your guide to a ski I holiday. r« "I WANT YOU TO RIDE FOR ME A T ROYAL ASCOT." I Bljl i IBBlr f l«r t OMEGA. The watch that records the world's significant moments. *y' In sports. In outer space. And exclusively for you. The 'y.^ QqMM QaHdhfa
      123 words
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      Page 1 Advertisements Column 4
      19 1 I»\ £2 f|M M M I® [*,1 p /t\ v •fr V jj&i.*! r r •<: \4 O ?>'•• V fejojpcws
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      Page 1 Advertisements Column 5
      11 1 IPtMfiS K?l ot a,mmmmmmmimmmm m m 4 u* ->5^ IBfigMifr s
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  • SINGAPORE NEWS
    • Article
      POSBank to cut interest on savings accounts
      61 2 THE POSBank announced yesterday that it will reduce interest rates on savings accounts by 0.5 percentage point beginning Jan 1. The new rate ft* balances of up to $100,000 is 3.5 per cent per annum and 2.S per cent per annum for balances
      61 words
    • Article
      Newton food centre to be resited
      65 2 NEWTON Hawker Centre would be redeveloped and relocated, the Environment Ministry said yesterday. The centre needed upgrading but the present site was unsuitable, the ministry said. The Urban Redevelopment Authority will finalise the redevelopment plans, but no date has been set. The new hawker
      65 words
    • Article
      Free parking at Bishan
      69 2 THE Housing and Development Board has allowed free parking on Sundays and public holidays at five more car parks in Bishan. They are: in Bishan Street 22, the car park beside block 283 and the multi-storey car parks in blocks 282 and 263 A; in Bishan
      69 words
    • Article
      Campaign aims to shake workers out of apathy
      220 2 THE labour movement is launching yet another recruitment campaign, this time not only to reach out to more workers but also to shake them out of their indifference and smugness. The greatest danger many unions face today is the apathy and complacency
      220 words
    • Article, Illustration
      Kim San is chairman of presidential council
      310 2  -  By Chuang Peck Ming FORMER MINISTER Lim Kim San .has been named chairman of Singapore's first five-member Council of Presidential Advisors. The other members are Lee Seng Wee, Michael Fam, Ridzwan Dzafir and Dr Cheong Siew Keong. The five took their oaths of
      310 words
    • Article
      Govt sets new rules on standard of medical care
      276 2 NEW RULES have been introduced to ensure that desired standards are met in the care of patients in private hospitals and dinks. The rules, gWTrttcri yesterday under the Private Hospitals and Medical Clinics Act (Regulations 1991), also aim to give the
      276 words
    • Article
      Car quota effective: Mah
      156 2 THE Minister for Communications Mah Bow Tan said the vehicle quota system is a fundamentally correct and sound policy that has been very effective in helping to check the vehicle population. In future, his ministry will look to fine-tune the system at an appropriate time, Mr
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  • SHIPS IN PORT
    • Article
      AT CONVENTIONAL WHARVES
      397 2 fcwi Ngn Vaa* fry* Birth Artwl Dapatea Marin TiraW 1 ScMkMMg Temhal Brian Ban* B11S M04 *mp* 27.12/2300 Oratfe Moon 20 SOI Batan Mam *****1 MM 27.12/2300 Sit loor* *****A S03 toonptoe 29. 2/0000 BMn Sum *****1 M03 Axnk 27.12/2300 Mate Start 350 S02 *na* 28.12/1700 ZJl
      397 words
    • Article
      IN MALAYSIAN PORTS
      202 2 Hfcwt Net Berth: 1: Santos; 2; lan Kmc Huang Low Short; 3: Tang Quart; 4: Andrey Lavrov; 5: Pen* Seta; b: ni 01 jetty: Jo Brev*. Akidwi Semenov. OCJ" Ocean Protress. Due m Dec 27: Jo Clipper. Howa, Ocean Eite, Snnam Hua No 2, Barge tosndo Satu.
      202 words
    • Article
      CONTAINER SCHEDULE
      1077 2 WECBWWt Of EXPORT ftt CONTAINERS AND LCt CAR60 ftnntilyHiwri Wb w, V*» Eft/to toU frnT T. From MOi My 36A 30/0200 2 27/1700 28/0659 28/0900 3 28/0700 28/1159 28/1400 Ma Blun 123S 28/2300 1 27/1500 27/1659 27/1900 2 27/1700 28/0659 28/0900 N K1 29/0930 2 27/1700 28/0659 28/W00
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  • COMPANY NEWS
    • Article
      CityDev likely to post higher earnings for 1991
      367 3  -  By Elaine Koh SINGAPORE City Developments has chalked up an after-tax profit of $35.43 million for the nine months ended September 1991, just $8.5 million short of 1990's fullyear's earnings. This is likely to see the property giant better its performance for
      367 words
    • Article
      Group drops plan to take majority stake in RMCA Re
      169 3 SINGAPORE RMCA Reinsurance Ltd said yesterday an undisclosed party which had expressed an interest in taking a majority stake in the reinsurer had dropped the idea. RMCA Re shareholders were told last month that their directors had held talks with
      169 words
    • Article
      No more job losses in last two phases of SPH computerisation
      274 3 SINGAPORE Singapore Press Holdings (SPH), which will retrench 63 employees this month as it computerises the operations of its Chinese newspapers, has stated that no more jobs will be lost in the third and final phases of the computerisation
      274 words
    • Article
      Lock icon Isuzu posts 48b yen loss, skips dividend
      257 3 FT TOKYO Isuzu, the Japanese vehicle-maker in which General Motors of the US holds a 37.4 per cent stake, has suspended its dividend payment after plunging into the red in the year to the end of October, posting a pre-tax loss of 48.38
      FT  -  257 words
    • Article
      Lock icon IBM computers to be sold in Japan under Hitachi name
      407 3 NYT TOKYO Hitachi Ltd said it has reached a basic agreement to market personal computers supplied by International Business Machines Corp under the Hitachi brand in a move aimed at increasing its domestic product line. The notebook-size computers are built
      NYT  -  407 words
    • Article
      Inno-Pac exercises put option on 10.36m Lucky Man shares
      381 3  -  By William Chia SINGAPORE I nno-Pacif-ic Holdings Ltd has partially withdrawn from its controversial purchase of 12.86 million shares of Hongkong company Lucky Man Properties Ltd by asking two of the three vendors to re-purchase 10.36 million of the shares. In
      381 words
    • Article
      Lock icon Publishing to remain focus of NSTP group
      389 3 Bernama KUALA LUMPUR The New Straits Times Press (M) Bhd will continue to focus its attention on the publishing business despite having diversified into other activities, group managing director Khalid Haji Ahmad said yesterday. Speaking to reporters after the group's extraordinary general meeting
      Bernama  -  389 words
    • Article
      Lock icon Hong Leong Credit to offer 11.25m shares to bumiputra director
      228 3 Bernama KUALA LUMPUR Hong Leong Credit Bhd is proposing to make a special issue of 11.25 million new ordinary shares of Msl each at M 52.65 per share to its bumiputra director Datuk Khalid Ahmad bin Sulaiman. This is to
      Bernama  -  228 words
    • COMPANY BRIEFS
      • Article
        Pacific Carriers' M'sian unit acquires two firms
        66 3 SINGAPORE Pacific Carriers Ltd yesterday announcedthat its Malaysian subsidiary, Kelas Mayang Sdn Bhd, haS acquired two companies, Amatklasik Sdn Bhd and Aturansari' Sdn Bhd, both incorporated in Malaysia. The two companies-'" have each an authorised capital of M 525,000, comprising 25,000 Msl shares,
        66 words
      • Article
        Imatex sinks deeper into the red
        76 3 KUALA LUMPUR Imatex Bhd sank deeper into the redr when its group after-tax loss rose to M 54.01 million for the; six months ended Sep 30, 1991, up from a shortfall vf r M 53.33 million in the previous corresponding Turnover declined by 4
        76 words
      • Article
        Saison buying rest of IHC stake
        83 3 TOKYO Japan's closely held Saison group of companies' J, plans to acquire the rest of Intercontinental Hotels Coitf (IHC), a major hotel operator, a Saison spokesman said;' The group, which owns 60 per cent of Intercontinental, will'' buy the remaining 40 per cent from
        83 words
      • Article
        Siah posts profits of M$5.9m
        131 3 KUALA LUMPUR Siah Brothers Corporation Bhd has' reported a group operating pre-tax profit of M 55.91 millioft for the six months ended Sep 30, 1991. This was achieves!" on a group turnover of M 562.01 million. There are no' previous comparative figures for the group
        131 words
    • Article
      Lock icon Zalik seeks nod to sell rest of bumiputra shares
      253 3 Bernama KUALA LUMPUR Zalik Bhd is seeking the approval of the Malaysian finance ministry to allow some prominent bumiputra businessmen to purchase the remaining shares under the bumiputra portion that were not taken up recently, said its chief executive officer, Roger
      Bernama  -  253 words
    • Article
      Pacific Rim bourses looking attractive again
      1043 3 MARKET TALK Tokyo may be in the doldrums, but the rest of Asia is making a comeback FROM ONE END of the Pacific Rim to the other, stock markets used to be as hot as the steaming sun beating down on Jakarta's red-tiled rooftops.
      1,043 words
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  • THE REGION
    • NOTE BOOK
      • Article
        Indian police hunts for Gandhi killers in M'sia
        81 4 KUALA LUMPUR Indian police investigators are in Malaysia seeking three men suspected of being involved in Jfae assassination of former Indian prime minister Rajiv Gandhi, the New Straits Times reported yesterday. The newspaper, quoting unnamed sources, said the team led by Indian
        81 words
      • Article
        20m Indon phone lines by year 2000
        59 4 JAKARTA Susilo Sudarman, the Indonesian Minister of Telecommunications, estimated that 20 million telephone lines would have been installed in Indonesia by the year .2000, the Indonesia Times daily said here on Thursday. He •was quoted as saying there would be eight million telephone
        59 words
      • Article
        Urgent Opec meeting likely
        59 4 JAKARTA An Opec emergency meeting is possible if oil "prices continue to drop, Indonesian Mines and Energy Minister Ginanjar Kartasasmita said. He has spoken with several Opec ministers to discuss the oil market situation, but he gave no details. The current price weakness is due to
        59 words
      • Article
        Indons see tougher investment fight
        100 4 Jakarta Indonesia must work harder in attracting foreign investment in the face of fiercer competition from other Asian countries, the Jakarta Post reported chief of the Investment Coordinating Board (BKPM) Sanyoto Sastrowardoyo as saying. India, Pakistan, Bangladesh, China, Vietnam, Cambodia and several other South-east Asian
        100 words
      • Article
        Thai hotels packed for New Year
        97 4 BANGKOK Almost all hotels in Phuket and Hua-Hin are fully booked for New Year celebrations while rooms remain unsold in Pattaya and Chiang Mai, according to a random survey by The Bangkok Post. Hotels nationwide, however, will make extra money by imposing a surcharge
        97 words
      • Article
        Bangkok eases company registration
        89 4 BANGKOK The Commercial Registration Department (CRD) and the Board of Trade of Thailand are jointly reviewing the Commercial Registration Act to deregulate the registration process, the Bangkok Post reported on Thursday. CRD director-general Chalaw Fueng-arom said the review of Ihe Commercial Registration Act is necessary to
        89 words
    • Article
      Lock icon Dawkins made Treasurer in reshuffle
      621 4 Reuter CANBERRA Prime Minister Paul Keating yesterday appointed Australia's fourth Treasurer in seven months in a Cabinet reshuffle aimed at pulling the nation out of recession and rewarding ministers who supported his push for power. John Dawkins, a radical and aggressive decision-taker, was named Treasurer
      Reuter  -  621 words
    • Article
      Lock icon Phnom Penh acts to restrict protests
      474 4 Demonstration laws passed before return of Khmer Rouge leaders Reuter PHNOM PENH The Phnom Penh government, alarmed by last weekend's bloody street protests, passed tough laws restricting demonstrations yesterday two days before the expected return of hated Khmer Rouge guerilla leaders. The laws were
      Reuter  -  474 words
    • Article, Illustration
      A reformer who makes dramatic changes
      464 4  -  From Florence Chong In SYDNEY NEW Australian Treasurer John Dawkins is a reformer who is credited with having initiated dramatic changes in every portfolio he has held since becoming a federal minister in 1983. As Finance Minister between 1983 and 1984, he overhauled the
      464 words
    • Article
      Lock icon Thai economic growth hinges on stability of next govt
      346 4 Reuter BANGKOK Political stability will play a crucial part in determining Thailand's economic growth next year, a major private think tank said. The Thailand Development Research Institute said that gross domestic product (GDP) growth could differ by as much as 1.6
      Reuter  -  346 words
    • Article
      Lock icon Malaysia beefs up security at Thai border town
      246 4 Reuter KUALA LUMPUR Malaysian police have been deployed in the northern border town of Padang Besar following alleged intrusions by Thai anti-smuggling officers, newspapers said yesterday. Malaysian officials this week accused armed Thai officers of illegally entering the town in the northern
      Reuter  -  246 words
    • Article
      Lock icon Timor report on massacre may help bring back foreign aid
      497 4 Some donors give guarded welcome to commission's findings Reuter JAKARTA Indonesia may have saved vital foreign aid for its economy by publishing a report that rejected the widely disbelieved version of an East Timor massacre, diplomats said yesterday. Donor nations
      Reuter  -  497 words
  • Page 4 Advertisements
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      Page 4 Advertisements Column 1
      157 4 for a asianHbH AEROSPACE '92 ■0499fVWf9ffff!f9ff|H ASIAN AEROSMCE is considered BttKiSUflllM one of the world s most important air shows. Three of our newspapers will be publishing a rwm r>t *i m» special feature in conjunction with this great The StamtsTSmeS exhibition of airpower. February 24,1992 Readers will get to
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  • THE WORLD
    • Article
      Lock icon Bush welcomes foreign investment in US
      498 5 Assurance given ahead of Asian trip to ease Japanese fears AP WASHINGTON US President George Bush has issued a statement welcoming foreign investment in the US economy, in a move designed to ease Japanese anxiety ahead of his trip next week to Asia. Mr
      AP  -  498 words
    • Article
      Lock icon Nuclear arms pact easier without USSR: Bush
      445 5 Reuter WASHINGTON US •President George Bush said on Thursday the collapse of the Soviet Union made it i easier to reach accords on s "nuclear weapons, even 1 though more leaders would i have a say in their control. s Mr Bush, in
      Reuter  -  445 words
    • Article
      Lock icon Russian ministers say yes to privatisation plan
      495 5 The Russian commonwealth AP MOSCOW The Russian Council of Ministers approved an ambitious plan on Thursday to transfer control of state enterprises and shops to private entrepreneurs, including foreigners, a news agency reported. The plan would keep railways, civil aviation, and most natural
      AP  -  495 words
    • Article, Illustration
      Lock icon Hard-line opposition turns its focus on Yeltsin
      605 5 AP MOSCOW The Russian right, shifting its wrath from Mikhail S Gorbachev to Boris Yeltsin, lashed out on Thursday at the Russian president and labelled his economic reforms just "another grand experiment". Mr Yeltsin's opponents were moving quickly after Mr Gorbachev's resignation on
      AP  -  605 words
    • Article
      Lock icon Beijing, Tokyo sign tax pact to boost investment
      261 5 Reuter BEIJING China and Japan have signed a tax accord giving preferential treatment to Japanese investors, who are expected to increase their flow of funds into China, the official China Daily said. The accord, which takes effect on Jan 1, will cut
      Reuter  -  261 words
    • Article
      Lock icon China to overhaul textile industry
      214 5 AFP BEIJING The Chinese government will spend US$l.2 billion next year to overhaul its textile industry's outdated equipment in a drive to boost exports, a state-run newspaper said. Textile Minister Wu Wenying, in a speech quoted by the China Daily, said exports of the textile
      AFP  -  214 words
    • WORLD WATCH
      • Article
        Nominee for US Commerce Secretary
        83 5 WASHINGTON President George Bush has nominated business executive and Republican activist Barbara Franklin, 51, to be Commerce Secretary. If confirmed by the US Senate, she would replace Robert Mosbacher, a Bush confidant who submitted his resignation in order to serve as general chairman of the
        83 words
      • Article
        Fewer file for US jobless claims
        89 5 WASHINGTON New applications for jobless benefits fell 20,000 in mid-December, but the number of claims remained at levels typical of a recession. The Labour Department said first-time unemployment claims for the week ended Dec 1 4 fell to 473,000 from 493,000 the prior week,
        89 words
      • Article
        Taiwan-China trade up 42pc
        89 5 TAIPEI Indirect trade between Taiwan and China in the first 10 months of 1991 soared 41.89 per cent over the previous year to hit U554.56 billion, the Board of Foreign Trade (BOFT) said. Economic officials have said the booming two-way commerce across the Taiwan Strait was
        89 words
      • Article
        N Korean nuclear pledge sincere?
        78 5 SEOUL North Korea's pledge renouncing nuclear weapons should be treated with suspicion until it admits international inspectors, diplomats say. "Signing s on thing, ratifying it by permitting inspections is another. North Korea does not have a good track record of keeping its word, one diplomat
        78 words
      • Article
        Japan's labour shortage easing
        70 5 TOKYO Japan's chronic labour shortage is seen easing gradually due to the recent slowdown in the nation's economy but a sharp rise in the unemployment rate is unlikely, economists said. The Management and Coordination Agency announced yesterday that Japan's seasonally adjusted unemployment rate in November rose
        70 words
      • Article
        Call to privatise Taipei airport
        44 5 TAIPEI Taiwan's Finance Minister Wang Chien-shien said the government should privatise Taipei's international airport and the island's main north-south highway. A ministry spokesman confirmed his comments but said they represented Mr Wang's personal view and no official decision had
        44 words
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      Page 5 Advertisements Column 1
      65 5 Words ABORTION "Never had I felt so alone in my life. So disconnected. So confused. I cried my eyes out. Me, this decent girl, needed an abortion How could God be so mean What is it like to have your baby aborted Is the pain bearable Is it an embarassment?
      65 words
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  • STOCK EXCHANGE OF SINGAPORE 1
    • Article, Illustration
      Dow's record spurs STII 11 points higher
      2910 6  -  By Carolyn Lim INVESTORS in the Far East needed nothing more than the Dow to spur their euphoric buying. The Dow Jones Industrial Average climbed 31.98 points to a record high of 3,082.96 on Thursday as market players displayed optimism that recent interest
      2,910 words
    • Article, Illustration
      HOT STOCK
      63 6  -  By Anthonyy Pang Comment THIS COUNTER may have started on a new upmove. Thir-teen-day RSI is rising, similar to what it did during the last rally, and confirming the uptrend in the bar chart. Five-day stochastics is still heading upwards, at around the 80 level. There may be
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  • Article
    STOCK EXCHANGE OF SINGAPORE 2
    2608 7 Goodwood Park 1870 +110 6.2* B Sembawang 565 +35 +6.6% Jurong Ship 50* 1060 30 2.9% OCBC Foreign 1110 +30 +2.8% Keppel C Wt 535 +25 +4.9% Shangri-La 595 +25 +4.4% Keppel Corpn 805 +20 +2.5% SPH Foreign 1340 +20 +1.5% Inchcape 446 +18 4.2%
    2,608 words
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  • Article
    STOCK EXCHANGE OF SINGAPORE 3
    2802 8 Tuck Cement 292 +24 +9.0% MTC 78* 275 +8 +3.0% Kulim Msia 50» 108+3 +2.9% T«n Chong 50* 163 3 +1 9% KI. industries 79% +2% Cons Plant 50* 132 2 +1.5% KL Kepong 219 +2 +0.9% M Banking 414 +2 +0.5% Amal Steel 50*
    2,802 words
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  • KUALA LUMPUR STOCK EXCHANGE
    • Article, Illustration
      Lock icon Prices edge higher but volume remains thin
      4426 9 Bernama SHARE prices here closed higher yesterday on steady buying support with profittaking in the afternoon session well-absorbed. But volume remained thin with prices moving in narrow ranges as players were cautious ahead of the weekend, brokers said, adding that most fund managers
      Bernama  -  4,426 words
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  • STOCK EXCHANGE OF THAILAND
    • Article, Illustration
      Lock icon Stocks close above strong resistance level
      2118 10 Reuter MAJOR bank issues continued their rise yesterday and other blue chips joined them to push the stock index above a strong resistance level at 700 points, brokers said. The SET index ended 4.41 points higher at 702.60 on turnover of 3.19 billion baht.
      Reuter; SOURCE: PONT DATA  -  2,118 words
  • WORLD STOCK MARKETS
    • Optimism returns as Dow hits record high
      • Article, Illustration
        NEW YORK
        1201 10 US STOCK PRICES rose to record levels on Thursday, continuing a rally that has defied gloomy expectations about the nation's economy and apparently reflecting confidence that a recovery will finally appear in 1992. In a market that showed surprising strength with many investors still distracted by the holidays,
        1,201 words
      • Article
        PARIS
        112 10 FRENCH share prices posted hefty gains on Thursday, dominated by technical factors, short-covering and arbitrage with stock index futures, dealers said. The blue chip CAC-40 Index added 23.38 points to end at 1,722.48. But volume of only 900 million francs was severely limited by the closure of the London
        112 words
      • Article
        Untitled
        64 10 Dec 26 CW»e Prrriow NEW YORK Do* Jones 3.082.96 3.050.98 31.98 SAP 500 404 84 399.33 5.51 Turnover (million) 149.2 162.4 -13.2 L0N00N Financial Times 30 closed 1.813.1 FTSE 100 closed 2.384.0 Turnover (million) 373.0 FRANKFURT DAX Index closed 1,539.62 AMSTERDAM EOE Index closed 272.75 PARIS CAC-40 1,722.48 1.699.10 23.38
        64 words
  • Page 10 Advertisements
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      Page 10 Advertisements Column 1
      41 10 Other European, Johannesburg and Toronto markets were closed on Thursday. The Jakarta Index rose 1.13 points to 247.39 on Tuesday, to end the year 39.44 per cent below the level it started in 1991. The market is closed till Jan 1.
      41 words
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      Page 10 Advertisements Column 2
      378 10 BjMn^^STMNUS IN THE MATTER OF THE COMPANIES ACT. CAP. 50 INTERCONTINENTAL DISTRIBUTORS/PTE) LTD (Incorporated In Singapore) SPECIAL RESOLUTION At an Extraordinary General Meeting of the members of the aboveoamed Company, duly convened and held at its Registered Office at 1 North Bridge Road #11-07 High Street Centre, Singapore 0617 on
      378 words
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      Page 10 Advertisements Column 3
      314 10 IN THE MATTER OF COMPANIES ACT. CAP. 50 AND IN THE MATTER OF RAVESH TRADING PTE LTD On Members" Voluntary Liquidation) NOTICE IS HEREBY GIVEN in pursuance to Section 308 (1) of the Companies Act. Chapter 50. that a general meeting of the abovenamed company wM be held at 7500
      314 words
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      Page 10 Advertisements Column 4
      309 10 IN THE MATTER OF 1 THE COMPANIES ACT, (Chapter SO) AND IN THE MATTER OF STCLFOftD HOLDINGS PTI LTD (irvcorpof ftiwo m in# Republic of Stappam) (In Liquidation) Hi Mf Wj-llimlarilu Momoers voi unianiy Winding-up Notice s hereby given pursuant to Section 308 (2) of the Companies Act. Chapter 50
      309 words
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  • TOKYO STOCK EXCHANGE
    • Article, Illustration
      Lock icon Stocks end lower in volatile trade
      2574 11 Reuter TOKYO STOCKS surrendered early gains to close weaker in thin, volatile trade yesterday. Underlying sentiment was firm on hopes of easier credit, but futures and options-related selling combined with profit-taking following a two-day Christmas rally to knock prices lower, brokers said. I "The
      Reuter  -  2,574 words
  • STOCK EXCHANGE OF HONGKONG
    • Article, Illustration
      Lock icon Hang Seng rises 43 points in quiet trade
      2519 11 Reuter SHARE PRICES rose considerably in post-holiday trading on the stock market here yesterday, with the Hang Seng Index gaining 43.44 points or 1.04 per cent to close the week's trading at 4,236.20. Turnover also rose to HKSI.OI3 billion from Tuesday's HKS7IB
      Reuter  -  2,519 words
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  • Aussie prices up sharply despite profit-taking
    • Article
      AUSTRALIA
      961 12 TWE Australian share market closed sharply higher yesterday despite a heavy bout of profit-taking in late trade which took the leading index off its morning highs. The All Ordinaries Index soared 33.6 points to 1,608.7 in morning trade, but fell back in the afternoon to close 20 points higher
      961 words
    • Article
      Untitled
      65 12 Close Plwlo* Dec 27 AUSTRALIA All Ordinaries Index 1,595.1 1,575.1 +20 All Industrials Index 2.526.8 2,495.1 +31.7 All Resources Index 886.8 875.8 +11 Turnover (million) 66.36 49.5 +16.86 NEW ZEALAND NZSE-40 Capital closed 1,455.75 MANILA Composite Index unav 1,138.78 Turnover (million) 634.8 TAIPEI Weighted Price Index 4.540.55 4.529.58 +10.97 Turnover
      65 words
    • Article
      TAIPEI
      487 12 TAIWAN share prices closed mixed after a day of active trade yesterday as investors regained trading interest after Thursday's 1.8 per cent rise, but brokers said more profit-taking might emerge today. The weighted index finished at 4,540.55, up 10.97 points. Turnover was active at NT529.13 billion against NT525.95 billion.
      487 words
    • Article
      BOMBAY
      96 12 SHARE prices closed mixed on Christmas Eve after scattered selling by stateowned investment houses halted a surge on the last day of trading in 1991, brokers said. The Bombay Stock Exchange (BSE) index soared to 1,946.28 before retreating to 1,908.85, down 6.27 points. The national index closed at 893.27,
      96 words
    • Article
      Untitled
      324 12 %4*y year day year day ytar Pk» ladex cha—e chaay chaage change cfa "i c World 395.6 1.1 10-5 1.3 4.8 1.3 12.0 fEAFE 487.3 1.4 3.7 2.0 -0.2 2.0 6.6 Europe 398.1 0.1 9.2 0.7 0.4 0.7 7.3 Pacific 779.1 2.5 -0.5 3.1 -0.8 3.1 5.9 Far East 1002.8
      324 words
    • Article
      Untitled
      1169 12 Seoul Dec 26 Woo (DO) Anam Electric Ind 120 Anam Ind '55 -J* Ankuk Insu 3-8 unch Asia Cement 80 unc^ Asia Motors 164 unch Bank Of Che Ju 171 unch Bank Of Pusan 137 unch Bank Of Seoul 113 unch Byuck San 116 5 Cheil Sugar 280 10 Cheil
      1,169 words
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      Page 12 Advertisements Column 1
      55 12 The Seoul Stock Exchange is closed for the year-end and New Year holidays. Trading will resume on Jan 3. The New Zealand share market was closed yesterday, for the Christmas holidays. Trading resumes on Monday. The Manila report was not available. Read Chartpoint, a guide to investing in the stock
      55 words
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  • CURRENCY,MONEY & FUTURES MARKETS/COMMODITIES
    • Article
      FINANCIAL FUTURES
      948 13 Afll Open High Low Sett E* Vol Op/Int Vol Mar 92 95.89 9191 95J9 9190 4900 ***** 1065 Jun 92 95.77 95.78 95.76 95.77 2500 ***** 327 Sep 92 95.53 95.57 95.53 95.55 1850 7273 351 Dec 92 95.03 95.07 95.03 95.07 450 2065 34 Mar 93 94.79
      948 words
    • Article
      INTERBANK FOREX RATES
      399 13 Cross rates p« 27 USS SS MS Dm Yen SFr AS NZS USS 1 6290 2.7350 1.5080 126.50 0.5311 1.3430 1.3158 1.8382 SS 0.6139 1 6789 0.9257 77.6550 0.3260 0.8244 0.8077 1.1284 MS 0.3656 0.60 0.5514 46.2523 0.1942 0.4910 0.4811 0.6721 Dm 0.6631 1.0802 1.8137 83.89 0.3522
      399 words
    • Article
      US$ ends below 126 yen for first time since Oct 90
      400 13 REPORTS lokyo: The dollar closed at 125.75 yen in Tokyo yesterday, the first time it ended below 126 yen since Oct 19, 1990. It also ended lower against the German unit at 1.5040 marks. It had dosed in New
      400 words
    • Article
      Gold edges up in HK in dull trade
      650 13 REPORTS GOLD yesterday closed at its intraday high in Hongkong on local physical buying which offset some selling, but trading was dull. Bullion ended at U*****.80/356.30 an ounce from New York's U*****.70/355.20 close on Tuesday. Local gold ended HKS2I lower at HK53.314
      650 words
    • Article
      PRICES
      765 13 Rubber MgftaHetaiaa) Sceato/fcg Noon Ooae hit I RSSPrompt I2150/126.50N 125.50/I26.S0N Int I RSS Jan 92 126.00/126.50 126.0CV126.50 Int 1 RSS Feb 126.30/127.00 I26.50N27.00 Int 2 RSS OP 125.00/126.0ON 125.00/126.00N Int 3 RSS OP 122.00/123.OON 122 0H 23.00N Int 4 RSS OP *****0/121.SON 120.50/121.50N Int 5 RSS OP 1I6.S0/H7.SON 116.50/117.
      765 words
    • Article
      MONEY MARKET
      506 13 Source: National Westminster Bank. Interbank rates S$ Bid Offer Overnight I 1/2 2 1-month 3 3 1/8. 2-month 3 3 1/8 3-month 3 3 1/8 Qwcraiiht mode: 5 LSS Btd Offer 7 days 6 IS/16 7 1/16 1 month 4 13/16 4 15/16 2 months 4 7/16 4
      506 words
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  • Article, Illustration
    Lock icon Manila gives US forces a year to pull out of bases
    580 14 Talks on three-year phased withdrawal plan collapse Reuter MANILA The Philippines said yesterday US forces must leave within a year, after talks with the United States on a withdrawal phased over three years collapsed. President Corazon Aquino's executive secretary,
    Reuter  -  580 words
  • Article
    Lock icon Six groups of imports to Taiwan need proof of origin
    194 14 AFP TAIPEI Taiwan will require importers to submit certificates of origin on six categories of products from Hongkong and South-east Asia in a bid to stop illegal imports, customs officials said on Friday. "The requirement will be in effect beginning
    AFP  -  194 words
  • Article
    Lock icon Japanese budget includes more for defence, aid
    313 14 AFP TOKYO Japan's government finalised its 1992 budget yesterday after last-minute negotiations between ministries which resulted in upward revisions in defence spending and foreign aid, officials said. Defence spending will now rise almost 3.8 per cent to 4,552 billion yen (5558.8 billion), up
    AFP  -  313 words
  • Article
    Lock icon South Korean farmers protest against rice imports
    203 14 Reuter SEOUL Police stopped hundreds of South Korean farmers, dissidents and students from marching to the US embassy yesterday in protest at pressure to open the country's rice market to imports. Witnesses said more than 500 people, mostly farmers, walked beside ox carts
    Reuter  -  203 words
  • Article
    Lock icon Dhaka puts military on alert against Myanmar
    429 14 Reuter CHITTAGONG Bangladesh put its navy and air force on alert yesterday and evacuated border villages in response to security reports iiat Myanmar was beefing p its military along the trouied frontier. "The navy has been asked > intensify patrol in the Bay
    Reuter  -  429 words
  • Article
    Lock icon Hanoi to fight corruption, enforce rule of law
    553 14 Reuter •HANOI Vietnam's National Assembly, seeking ways to push the country to- wards prosperity while clingoing on to communism, has •resolved to tighten the rule of law and fight corruption. The assembly closed a •two-week session in Hanoi lon Thursday. It is
    Reuter  -  553 words
  • Article, Illustration
    The last farewell
    50 14 The Russian commonwealth Breaking up is hard to do: Mikhail Gorbachev making his last telephone call to US President George Bush before stepping down as president of the Soviet Union on Dec 25. The photo was taken during the filming of ABC News "Gorbachev: The Final Hours".
    50 words
  • Article
    Lock icon China recognises Russia and republics: report
    341 14 Reuter BEIJING China yesterday recognised Russia and the other republics of the new Commonwealth of Independent States, as officials said a visit here by Russian President Boris Yeltsin was under discussion. "Foreign Minister Qian Qichen sent a telegram today to the Russian Foreign Minister
    Reuter  -  341 words
  • Article
    Lock icon Serb leadership plans to create smaller Yugoslavia
    303 14 AP ZAGREB, Yugoslavia The Serb-dominated federal presidency announced plans on Thursday to create a new, smaller Yugoslavia that could include territory taken during a six-month-old civil war with separatist Croatia. The announcement came as fighting raged on in Croatia, with Croatian radio reporting
    AP  -  303 words
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  • Executive Lifestyle
    • Article, Illustration
      Come get your Turkeys
      946 15  -  f: You've had your turkey. Forget the leftovers because we have some fresh ones for you. Annual Correspondent Gobble D Gook checks his list twice and comes up with the winners of EL's Turkey Awards 1991. Here's to the bad (and we remember the good too)
      946 words
    • STRAWS IN THE WIND
      • Article
        Figure this out...
        60 15 DID YOU major in English? See if you can understand this. According to a news report, Japan and the US are scheduled to hold a fifth round of computer talks this weekend. The talks will focus on "problems in procurement by Japanese government agencies and the formulation
        60 words
      • Article
        ..and this too
        30 15 SPEAKING of verbosity, check out this job description: Staff communications specialist in charge of communications and external and corporate programs. Bet you they mean public relations officer.
        30 words
      • Article
        Oversight?
        33 15 SEEN in KL. A public service message about safety on the highways read "We Pray For Your Safety" in Malay. Ironically, the billboard was placed right under the office of Aeroflot airlines.
        33 words
      • Article
        Say what you mean
        54 15 CALL a spade a spade. A reporter who wanted to go to the Masonic House had to explain to the confused taxi driver that it was a male only club. "Then they should call it Macho Club. Then everybody will know what it is," he grunted.
        54 words
      • Article
        Saddam's Xmas
        20 15 OLD JOKE; Why does Saddam Hussein celebrate Christmas every year? Because he was told he could have Turkey.
        20 words
    • OPINIONS
      • Article, Illustration
        Desperately seeking autocracy?
        1116 16  -  Some Australians are looking East when it comes to the direction they want their government to take. Tye Kim Khiat explains why Tye Kim Khiat The writer is a Melbourne-based journalist who contributes to BT h for Lee Kuan M M Yew First we W m had
        1,116 words
      • Article, Illustration
        The COE conundrum
        842 16  -  Toh Teck Sun delves into the whys and wherefores of rising COE prices Toh Teck Sun The writer is BTs Features Editor THERE was a time not so long ago when "speculators" were hit right, left and centre for driving up the prices of Certificates of Entitlement.
        842 words
      • Article
        3 Cs of construction productivity
        792 16  -  LETTERS TO THE EDITOR Farok Majeed Senior director Rawtinsons Partnership I REFER to your article on Dec 1 on the concern of our Deputy Prime Minister Brigadier General Lee Hsien Loong about the low productivity of our construction industry. I have had the opportunity of
        792 words
    • SPORTS
      • Article, Illustration
        Lock icon Kraft's battle behind the scenes
        793 17 Sponsor of women's tennis facing dispute over contract with Women's Tennis Association NYT NEW YORK Since this is women's tennis, everybody is keeping a civil tongue about ;.it, but behind the scenes a civil war continues to brew r on the Kraft Tour. The underlying
        NYT  -  793 words
      • Article, Illustration
        Lock icon Terry Venables slams Lazio over Gazza deal
        368 17 AFP LONDON The Paul Gascoigne transfer became a bitter verbal dispute here on Thursday when Tottenham Spurs' managing director, Terry Venables, accused Lazio of trying to sign the England star on the cheap. He claimed the Italian qlub had attempted to lower the
        AFP  -  368 words
      • Article
        Lock icon Aussie defending champ to lead field in six-day race
        280 17 AP ELVERTA, California Defending six-day champion, lan Javcs of Australia, will lead a field of more than 100 long-distance runners set to compete beginning today in the Gibson Ranch Multi-Day Classic. About 20 participants arc scheduled to run for six days,
        AP  -  280 words
      • Article
        Mitsubishi takes first stage of rally
        191 17 SYRTE, Libya Hubert Auriol in a Mitsubishi won the first of the Paris-Cape Town rally on Thuntfay when all the competitors came face to fiKe with an immediate desert storm. The Japanese firm shared the honours with Citroen, with each team getting three drivers
        191 words
      • Article
        Man United leads in league
        130 17 LONDON Manchester United opened up a two-point lead in the English League on Thursday with a 6-3 romp at Oldham, but they lost captain Bryan Robson in the process for three weeks. The former England skipper and inspiration in United's midfidd aggravated a calf strain
        130 words
      • Article
        Marathon to cross China border
        110 17 Hongkong The first marathon to cross the Hongkong-Chi-na border will be held on Feb 9, 1992, according to the Hongkong Tourist Association. The marathon, sponsored by Reebok and the Kowloon-Canton Railway Corporation, will begin at the Fanling Sports Ground in the New Territories in Hongkong.
        110 words
      • Article
        Russian yacht gets clearance
        152 17 SAN DIEGO The yacht of an unofficial Russian group attempting to challenge for the 1992 America's Cup has received the necessary government clearances and was scheduled to arrive in San Diego yesterday. Age of Russia's boat was turned back from Anchorage, Alaska, last weekend because the
        152 words
      • Article
        India leads Sri Lanka by 1 gold
        117 17 COLOMBO India overtook Sri Lanka by a gold in the medals tally after dominating swimming and weightlifting events on the fourth day of the fifth South Asian Federation (SAF) Games here on Thursday. India's swimmers shattered four of the six records to fall
        117 words
      • Article
        Lock icon Barcelona prepares for flood of countries in '92
        802 17 Reuter .BARCELONA, Spain As Barcelona's Olympic year i- dawns, arenas, stadiums and I an entire seaside village are emerging from myriad construction sites round the city, but no one knows how many countries they will have to "accommodate. The Olympic family has
        Reuter  -  802 words
      • Article, Illustration
        There's something in the air...
        38 17 LANDOVER, Maryland New York Rangers' Jan Erixon goes flying along the boards after being on the receiving end of a check by Washington Capitals' Dimitri Khristkh in the first period on Boxing Day.
        38 words
      • Article
        Lock icon Four-time Super Bowl coach retires
        470 17 AP PITTSBURGH Chuck Noll, the only coach to win four Super Bowls, announced his retirement on Thursday, less than a week after the Pittsburgh Steeiers completed their fourth losing National Football League season in seven years. Noll won four Super Bowls in his first 11
        AP  -  470 words
    • EPICURE
      • Article, Illustration
        Lock icon Promises (un)fulfilled
        422 18  -  Quek Swee Peng gives an update on her 1991 resolutions Quek Swee Peng AT ABOUT this time last year, I drew up a list of cut-back resolutions to put my weak-willed appetite to the test. Stick to sets: Well, most of the time. For economic reasons, mainly. However,
        Punch  -  422 words
    • LIFESTYLE
      • Article, Illustration
        Lock icon It's a Mad, mad world
        1197 19  -  Charles Trueheart looks at the magazine which spawned a whole range of countercultural satire Charles Trueheart IHT THE instructor is patiently explaining underground comics to a score of young people not yet born when the twisted 60's pixies plied their terrorist mischief. And he finishes
        IHT  -  1,197 words
      • Article, Illustration
        At the peak of claret
        803 19  -  WINE By N K Yong IF there was any doubt whether Chateau Petrus is worthy of either its legendary reputation or its astronomical price, this was dispelled recently for the fortunate few who participated in a tutored vertical tasting of six vintages of the wine,
        803 words
      • Article
        A whole lot of laughs
        529 19  -  Susan Tsang visits Singapore's first comedy and music club Susan Tsang LAUGHS Pte Ltd may sound like the name of a comedy troupe, but it is actually Singapore's first comedy and music club. A comedy dub? Visions of a dark smoky little place with a
        529 words
      • Article, Illustration
        Morton's Fork successfully applied
        330 19  -  BRIDGE By Sybil Holloway THE Morton's Fork Coup, named after Cardinal Morton, Chancellor under King Henry VII, was successfully applied by Tahir Masood of Pakistan in the match versus Bangladesh during the finals of the 1991 Gold Flake Asia and Middle East Bridge Championship in New
        330 words
    • PURSUITS 1
      • Article, Illustration
        And the biggest Turkey goes to...
        918 20 MOST PUSHED AROUND PRESIDENT OF THE YEAR. To poor Mikhail Gorbachev, who lost his job as president of the Soviet Union in August after a bungled coup. He was returned to the job a few days later only to find that he was head
        918 words
      • Article, Illustration
        Identity problems
        594 21  -  The three main characters in Old Gringo take time off in the midst of the Mexican Revolutions to find themselves. Susan Tsang has been watching the movie Susan Tsang THIS movie brings together three characters, each with strong opinions about the world they live in, but all slightly
        594 words
      • Article, Illustration
        Tips on tackling that ski holiday
        770 21  -  The world has its fair share of ski resorts, but which one is best for you? David Lim advises David Lim SO. You've learned your first foreign word. Montreaux. And the family member who just returned from there hasn't stopped enthusing about the wonderful
        770 words
      • Article, Illustration
        Lock icon Hua Hin revival
        1133 21  -  A J Leow visits a former colonial playground of the rich in Thailand which is enjoying a reversal of fortunes, but at a price A J Leow ASK A THAI in Bangkok where the best choice of the nearest no-frills beach resort would be. Chances are, if
        Photos by A J Leow  -  1,133 words
    • PERSONAL FINANCE & INVESTMENT 1
      • Article, Illustration
        Modest growth rates seen for OUE
        574 22 Hot stocks: What the fundamentals show OVERSEAS Union Enterprise, which owns and operates the Mandarin Hotel in Singapore, is likely to enjoy modest profit growth rates in 1991 and 1992 as the occupancy rate of the five-star hotel picks up with higher tourist arrivals.
        574 words
      • Article
        The sectors to watch
        828 22  -  Chew Eng Han and Quak Hiang Whai report on stockbrokers' recommendations for 1992 Chew Eng Han,Quak Hiang Whai 1991 has indeed been a trying year for the stock market. The Gulf War, the Soviet coup and the fragility of the US economy all combined to make
        828 words
      • Article
        UOB in good position to tap retail banking business
        333 22 PRICED at 13.2 times prospective earnings, UOB seems attractive compared to the market PER (price earnings ratio) of 19 times. With a network of 81 branches, the largest in Singapore, UOB is in a good position to tap the lucrative retail
        333 words
      • Article
        Keppel Corp's shiprepair division seen doing well
        332 22 NET profit of Keppel Corporation is forecast at $137.4 million for the full year 1991, compared to $118.2 million in 1990. Its earnings next year are also expected to rise by a further 16.1 per cent to $159.5 million. Based on these forecasts,
        332 words
      • Article, Illustration
        Lock icon What the charts show
        187 22 OUE: The stock has the potential to rise to the $9.00-9.20 level over a one-month time frame, which will complete a five-wave series from the August low. Suggest taking profit at $9.00 onwards, as risk will shift to the downside from those levels. Technical indicators would
        Source: Pont Data  -  187 words
      • Article, Illustration
        Trend signals indicate a bullish market
        715 22  -  By Goh Hiang Fong The writer is head of research Lum Chang Securities Pte Ltd IN the two weeks since I the Golden Cross was r formed on the Straits c Times Industrials (STI) Index t on December 12, the index t has risen
        715 words
      • Article, Illustration
        Lock icon Falling interest rates may provide clue
        1292 23  -  Is there going to be potential oversupply in the property market? Is the time right to buy property stocks? Salil Tripathi reports Salil Tripathi FORGET the Jeremiahs and Cassandras who are pondering potential oversupply in the property market next year. Look instead at the
        Source: Pont Data; Source: Ernst & Young Consultants  -  1,292 words
    • JOBS
      • Article, Illustration
        Lock icon Japan in a dilemma over foreign workers
        803 24  -  Should Japan liberalise its laws on admitting unskilled foreign workers? No, say several powerful ministries. They aigue that this would lead to rising crime and severe social problems. Mark O'Neill reports Mark O'Neill Reuter ASIANS and other foreigners are flocking to Japan in
        Reuter  -  803 words
      • Article, Illustration
        Lock icon Help for the newly unemployed
        530 24 Outplacement firms in the US are coming up with ideas such as fiee job searches for workers who have been retrenched NYT IN recession-stricken United States, outplacement firms and recruiters are trying to come up with creative ideas to help the flood of workers losing
        NYT  -  530 words
      • Article, Illustration
        EXECUTIVE MOVES
        355 24 Mr Alfred Lin has been appointed Managing Director of Neste Chemicals Singapore Ptc Ltd. He is also the Managing Director of NCT Singapore Pte Ltd, a subsidiary of the Neste Group. Mr Lim holds a Bachelor of Science (Hons) degree in Chemistry from the University of Singapore and
        355 words
    • Article
      AIRCRAFT ARRIVALS AND DEPARTURES
      1050 25 UUMMiAMBMiUMflMMHawMM a* n> wm 55 J*M*M GA890 0050 1 MM QF81 1820 SQ227 2130 RJI83 0100 AaMaNaa SQ19 0606 GA880 0080 KL837 1340 SQ24 0115 KL838 2306 I SQ38 2330 QA472 2145 SQ338 1906 1 GF148 0915 till ■miilii SQ182 0915 SQ181 1410 0*422 1205 BU29
      1,050 words
    • THE TRAVEL PAGE
      • Article, Illustration
        An English home of the 1930's
        557 25  -  LETTER FROM ENGLAND By Hester Abrams Number 7 Blyth Grove is a perfectly ordinary English suburban house. Solid, respectable, with a gabled roof and bay windows which stare anonymously over the quiet street. But a closer look reveals the lace curtains are rotting, the
        557 words
      • Article
        WORLD TRADE EXHIBITIONS
        60 25 Duration Titk Venue Ofmaer Td Duration Title Venue Oifmaer Td X' 2 9 3,*****9,1 I™ 4 18 SSSL 386il 1992 Trade Show Netherlands Textiles A nal De Valencia ->onit.o Decoration i£-> 14 17 H rmineham 2h!£t>ons M'*™ 2518 l5 _i 9 Tourism Utrecht, Koninklyke *****55.911 1992 ?chno»o«y
        60 words
      • Article
        MONEY CHANGER RATES
        151 25 As at 3fM yesterday: Local dollars to one unit of foreign currency Currencies Bid Offer Australian dollar 1.2298 1.2465 Canadian dollar 1.3862 1.4143 NZ doBar 0.8750 0.9105 Sterling pound 3.0510 3.0924 US dolaf 1.6220 1.6350 Local Mbn to 100 uto at forciga carrfcy Austrian schilling 15.15 15.46
        151 words
    • TIME OFF
      • Article
        THEATRE
        155 26 Sing Singapore '92 BG (Res) George Yeo, Minister for Information and the Arts and Second Minister for Foreign Affairs, will launch a selection of new and familiar Singapore songs in this gala show. Venue: National Stadium (North entrance). Today. TJOpm. Youth Expression Charity Concert Among those performing in this
        155 words
      • Article, Illustration
        EXHIBITIONS
        305 26  -  Compiled by Yasotha M Sun Yu-LTs First Solo ExhiLfl m DTOOfI First solo exhibition by Singapore sculptor Sun Yu-Li, who is the winner of the Republic of China's (Taiwan) Modern Sculpture Award 1991. Exhibition includes 50 pieces of his work in cast bronze. Venue: Singapore National Museum. Art Gallery.
        305 words
    • Article
      CINEMA
      585 26 An kmwritm Tak Flevat tea• West The Mouskewitz family head further west to another land of opportunity. Fievel once again gets lost, but it is Tiger, FieveFs fat feline friend, who steals the show. Also features the voices of John Cleese and Jimmy CtMvart Prince 1: 11; 1.30; 4;
      585 words
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  • Page 18 Advertisements
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      Page 18 Advertisements Column 1
      893 18 ftwfj NnithinflßeatsAßud. where to wine, pine OF 4 PRINCESS I •••now on Fridays and Saturdays From now on, our Chinese Porridge Buffet will be served only on Fridays and Saturdays from 10.30pm to 3.30 am but at the same old prices $11.00 for adults and $6.50 for children. See you
      893 words
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  • Page 19 Advertisements
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      Page 19 Advertisements Column 1
      156 19 AND ENTERTAIN IP%» mT*^* A scrumptious buffet selection for the adults. Cartoons and toys for the kids. Every Sunday. 11 am to 2.30 pm. Adults $31 Kids $19++ For reservations, ANA HOTEL please call 732-1222 ext 1582/1597. IC(| S N G^ P< TMChon.: (65) 732 1222 It's an all-American Sunday
      156 words
    • Advertisement
      Page 19 Advertisements Column 2
      74 19 &12. NEW YEAR'S EVE 1991 AT MARINA BAY jtxXp' NISHIKI JAPANESE RESTAURANT Set Dinner Karaoke countdown at $68/ person (with complimentary sake A party set) -OFF CAFE Set Dinner Karaoke coumdown $42/pc*»o« (with complimentary wine A party set) Tem dm* ha* -tit—***s NAHM* COlf ft COUNTH CIUI-» MARINA CII i
      74 words
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  • Page 23 Advertisements
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      Page 23 Advertisements Column 1
      228 23 ABCs of GOLF 'D' is for driver. Not 'kakis' Borrowed I you to the golf pTrUnce"fo/ the l€? *s©^ course, but the other players who club you use to make up a quartet. I send the ball -A Rather appropriate- fmm the tee Jm ty too, as some golfers often
      228 words
    • Advertisement
      Page 23 Advertisements Column 2
      472 23 I J B f r A WtM JL a VLucSyDraws If when you H |l j lf ucfc>Pw»»|ii|iw"'»>>«»*' rM «'rf»*' AjjSy FREE GIFTS GRAND LW*Y DRAW Fran 1J August IWI M 29 Primary HR2, lilWWl All^-^fc^Q--l mM+mm**** I£Z£w ilZieb-* h^krenh»on pnze. !T?| rn fgFTrih™" L i t fa 5p5» H|W
      472 words
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      Page 24 Advertisements Column 1
      117 24 FOR SUCCESSFUL MANAGEMENT OF YOUR BUSINESS 'j (J I z) Stories on labour and its relatwnshipwith Y 1 management, management concepts in practice, "vjOP S. profiles of leading managers in Singapore and )i C&y* V-. relevant book reviews. <— ——I _2TV ENTERPRISE MANAGEMENT, in Business J I J Times every
      117 words
    • Advertisement
      Page 24 Advertisements Column 2
      150 24 AOvsnisemenr YOU COULDNT EXPRESS IT BETTER If you am looking tor age Express Service, you Bonanza points nc^The an air expreee company stand to win eome vary mora points you ccflect, with international ship- attractive prizes. the wider your choice of ments leaving Changi Recently launched prizes. There ay also
      150 words
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      Page 25 Advertisements Column 1
      41 25 It's amazing the lengths Firinair goes to for just one price. Flv Finnair to Europe and well take you to 35 European destinations for the same price Check with your travel agent or call *****77 for more details. WeK—Bewy fc—i Wt»H
      41 words
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      Page 25 Advertisements Column 2
      10 25 Managers Mast Manage r BT ihowi yon how •rmry Monday.
      10 words
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      Page 25 Advertisements Column 3
      44 25 TOP JANUARY IM2 5450 I MSKSF I From popiah to pasta I to prime beef I Sw I iii> w^nC» A I W HER WORLD* V%3afl^l Ffxjm your rtewsvendor and at newsstands. Tknes the Bookshops. 7-Etaven. utorUrf Sh«* station* and STOP PRESS kiosks. 4
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  • Page 25 Miscellaneous
    • Miscellaneous
      Page 25 Miscellaneous Column 1
      286 25 gain admission (10) "1^ 6 Stage a favourite's comechange, many will act as financial advisor (5) 11 Ganymede's saucer? (3-6) 12 L_^B—l—L—L—L— 12 Vigorous preparation militant action 1-5 Present a short work in prose (7) 19 The person raising a point the minister (7) 21 Holdall containing a spare g—^J
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    • Miscellaneous
      Page 25 Miscellaneous Column 2
      155 25 Singapore Report Maximum temperature 31.6 Assoc humidity 68% Minimum temperature. 23.2 Assoc humidity 98% Hours of sunshine. 8.50 Rainfall in mm Nil Rainfall this month 478.9 Rainy days this month 19 World forecast Asia-Pacific Hi/Lo* Cond. Auckland 23/16 Showers Bangkok 31/21 T storm Beijing. -1/-9 Cloudy Brunei 31/25 Showers Hongkong
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      Page 25 Miscellaneous Column 3
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  • Page 26 Miscellaneous
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      Page 26 Miscellaneous Column 1
      1365 26 TODAY'S TV tS" Hassan "In 1 this black marine in Channel JJJ Southern California. The nets 6!i5 sSJ^iaSTcahaya. where he rescues New 11.25 Escape Mod, 10.30pm, SKI substitute for emergencies be- Attract. 10JOorn SBC 5 dye-factory owner f ore you see doctors who Opposites Attract, iu.jupm buys a wife to
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      Page 26 Miscellaneous Column 2
      660 26 Comfort and Joy, Mob, Big Man On Campus, Wed, 3.00pm, SBC 5 2.15pm, SBC 5 Alan (Dicky) Bird is a disc A hunchback lives quietly in jockey, with a nice apartment a UCLA belltower. However, and everything. Until his girl- when his love Cathy is atfriend walks out and takes
      660 words