The Business Times, 11 January 1992
1992-01-11
1
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The Business Times
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Title Section17 1992-01-11 1 Business Times THE BUSINESS PAPER FOR S-E ASIA MITA (P) 35/12/91 Weekend Edition, January 11-12 1992 75*17 words
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NEWS & MARKETS SUMMARY
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49 1992-01-11 1 LONDON A bomb exploded about 300 m from Prime Minister John Major's Downing Street office during rushhour yesterday morning, shaking buildings in the Whitehall area. Scotland Yard, which had sealed off Whitehall shortly before the blast, said there were no injuries.49 words
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34 1992-01-11 1 MANILA The Philippines yesterday said it had reached conditional agreement with the International Monetary Fund (IMF) on its economic programme for 1992 that would boost growth and lower inflation.34 words
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Article22 1992-01-11 1 WALL STREET prices of leading shares slipped yesterday, dropping 6.27 points to 3,203.26 in the first five minutes of trading.22 words
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Article29 1992-01-11 1 LONDON SHARES were lower at midday yesterday, pressured by continued sterling weakness. At 1200 GMT, the Financial Times-Stock Exchange 100-share index was down 3.3 points at 2,494.4.29 words
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Article35 1992-01-11 1 THE Ministry of Trade and Industry expects the Singapore economy to grow by about 5-7 per cent for the next three to five years, before slowing to 4-6 per cent Back Page35 words
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Article34 1992-01-11 1 THE trade package that President George Bush exacted from Tokyo is likely to benefit European, Asian and Japanese companies as much or more than American concerns, said economists Page 534 words
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Article32 1992-01-11 1 STRONG DEMAND for the new Mercedes Benz S-Class series is likely to help C&C earn gross profits of as much as $25 million from these sales alone Page 332 words
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Article, Illustration29 1992-01-11 1 Friday Chance BT-MGA 728.64 -1.34 Kuala Lumpur ....551.90 -0.47 Tokyo 22,381.90 -731.74 Hongkong 4,348.92 +14.38 Sydney 1,668.0 +6 Thursday Change New York 3,209.53 +5.59 London 2,497.9 +30.829 words
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Article24 1992-01-11 1 Exchange rates USS SS 1.6335 100 Yen SS 1.2975 MS SS 0.6015 Honey market rates Overnight 3 3/4 +1/2 3-month 2 7/8 +1/824 words
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Article36 1992-01-11 1 London Gold AM fix USS356.65 US$6.35 Rnbfeor S'pore Feb 128.00«/kg +0.50 M'sia Feb 2l3.50Vkg unch KL Tin Turnover 34 tonnes -II Spot M$14.57/kg unch Cmdo palm oil Turnover 443 lots -678 March MS908 /tonne +336 words
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672 1992-01-11 1 Magdalene Ng - Exchange responds to letter from BT reader By Magdalene Ng SINGAPORE The Stock Exchange of Singapore wants listed companies to review their limits on foreign shareholdings, and to raise or remove these limits whenever possible. As a general policy, the exchange does672 words
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259 1992-01-11 1 Lilian Ang - By Lilian Ang SINGAPORE Foreign share prices of several blueship counters slid yesterday with Singapore Airlines (SIA) Foreign, which has been under selling pressure in the past couple of days, heading the list. Three others DBS Foreign, SPH Foreign, and259 words
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420 1992-01-11 1 Florence Chong - From Florence Chong in SYDNEY THE DEVELOPER of World Square, the largest commercial development in Australia, yesterday denied rumours that a receiver is about to be appointed to the project. The majority shareholder of the project is IGI (Ipoh Gardens International), a pri-vately-held company420 words
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354 1992-01-11 1 Chuang Peck Ming - By Chuang Peck Ming SINGAPORE Demand for regional sales, marketing and technical support staff will run hot this year, headhunters say. Asked to comment on the jobs outlook for 1992, they said regional experience was fast becoming a sought-after commodity among employers,354 words
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Article116 1992-01-11 1 AP WASHINGTON The jobless rate shot up to 7.1 per cent in December, a new high for the recession, as nearly 300,000 more Americans joined the ranks of the unemployed, the government reported on Friday. The rise in the jobless rate, up from November's revisedAP - 116 words
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Page 1 Advertisements
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Advertisement100 1992-01-11 1 Nikon TtwWtorld'sßneet photographic tyUm. EL 1 II Aircraft Schedule EL 11 Commodities 15 Company News 3 Cryptic Crossword EL 11 Executive Jotos EL 10 Futures Optiom 14 Interbank Fore* Rates 14 KLSE Money Changer Rates a 11 Money Market M Regional Stock Markets Ships m Port 2 S«nai M Singapore100 words
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Advertisement14 1992-01-11 1 OPINIONS Better save than sorry. EL 2 Message to America. EL 2 f h14 words
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Advertisement15 1992-01-11 1 PURSUITS More sax this time from Sanborn. EL 6 Trekking without tears. EL 6 j,15 words
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Advertisement241 1992-01-11 1 PURSUITS I Gaj Singh: prince among hoteliers. EL 7 Letter from SES, EL2 Mahathir concerned about weak market, Pg 3 i I < 4 s >' 0 The movement of a watch is dust, dirt and water. It provides Rolex Oysters have climbed its heart. Precious. Delicate. For a totally241 words
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Advertisement17 1992-01-11 1 Nikon TtwWbritf's Kraal Ptwmyiiphlc tji»» Pertama share offering: Wifl the market j sound sweet? EL 8 I17 words
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Advertisement28 1992-01-11 1 FINANCE in I LI I I I II S'pore Mocks lode good. EL 8 Hps for budding art collectors. EL 9 1 Where the jobs are, EL 1028 words
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SINGAPORE NEWS
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NEWS ROUNDUP
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Article62 1992-01-11 2 ATLAB AUSTRALIA, which claims to be the largest film processing laboratory in the Asia-Pacific, has set up a $4 million subsidiary in Singapore. The local company, Atlab Film Processing, which will be the regional headquarters, has applied for pioneer status with the Economic Development Board.62 words
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Article58 1992-01-11 2 SINGAPORE Press Holdings Ltd has renewed its sponsorship of the Jurong Bird Park publication, Birdlife, for $23,000 this year. With the sponsorship, the park will be able to sell the 16-page magazine at a nominal price of 80 cents a copy. The quarterly publication includes articles on58 words
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Article37 1992-01-11 2 TEMASEK POLYTECHNIC will offer a new course, Media Design, from July. The three-year course, aimed at GCE 'O' and 'A' level holders, will include the design, production and management of electronic and print media.37 words
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238 1992-01-11 2 A PETITION to place lanolin processor Yoshikawa Chemicals (YChem) under judicial management was approved by the High Court yesterday, despite a last-min-ute objection by one of the company's creditors, Security Pacific National Bank. After a hearing which lasted about four hours, Justice M Karthigesu238 words
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Article, Illustration471 1992-01-11 2 Sangeeta Mulchand - By Sangeeta Mulchand COSTUME jewellery retailer Primeline Singapore has taken competitor Safara Manufacturing to task over a series of advertisements offering discounts on jewellery of more than 80 per cent. In a letter to the Advertising Standards Authority of Singapore (Asas),471 words
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290 1992-01-11 2 Carolyn Lim - By Carolyn Lim AS PART of a worldwide cost-cutting exercise that began last year, US-based Texas Instruments laid off 130 workers yesterday from its two Singapore plants. A spokesman for Texas Instruments Singapore (Pte) Ltd said the workers had been retrenched from its290 words
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288 1992-01-11 2 Claire Leow - By Claire Leow JUST like rival disk drive maker MiniStor Peripherals recently, Integral Peripherals has also found a manufacturing facility in Singapore. Integral, based in Colorado in the US, announced on Thursday that it had leased a facility in Bukit Timah288 words
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SHIPS IN PORT
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Article568 1992-01-11 2 DWrt fry* «n*n» topH" itad No Birth Mj Ogertge Marina Terminal I Sawbawang Terminal Batam Maiu *****2 M04 atorvsde 11.01/2300 Catamarca 2 38EB S03 alongside 1101/2300 Batam Sayang *****2 M04 10.01/2300 taanghuaquan 1/92 S02 atongade J001/1500 Batamndo 1 145S M02 ataqde 10.01/1800 Jmshanhai 01/92 S01 11.01/2230 15568 words
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Article213 1992-01-11 2 Jotoi Port B«rHc 1: nil; 2: Twinkle Ace; 3: ml; 4: Nan Guan Lmg 5; Barge Munar No 2; 6: ml. oi jtUf m. oa Abadi. On on tan 10: Stott Surf. Lina 101, Stoit Taurus, Gloria, Sri Nam Hua No 2, Barge Josndo Satu. Out on213 words
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Article820 1992-01-11 2 RECEIVING OF EXPORT FCl CONTAINERS AND LCL CARGO Rtcord Bookinf/Babnce Rsttj SNp Voy No Etb/Btr Penod From To From ACX liy 19A 11/0830 09/1700 10/0659 10/0900 3 10/0700 10/1159 10/1400 Record Bookm/tabnc* Mb Sty Voy No Etb/Btr Pwd From To From S ACX Lotus 20 10/2300 2 09/1700820 words
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COMPANY NEWS
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Article, Illustration495 1992-01-11 3 Dexter Lee - Cars retail for between $318,000 and $598,000 By Dexter Lee SINGAPORE Barely days after launching the new upmarket Mercedes Benz SClass series, Cycle Carriage has already bagged 250 orders for cars in the new range. What more, many of these orders495 words
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Article383 1992-01-11 3 2 or 3 subsidiaries have met criteria for listing MBT KUALA LUMPUR IJM Corp is looking into the possibility of floating several of its construction-related subsidiary companies on the Kuala Lumpur Stock Exchange. Speaking to reporters after the company's extraordinary general meeting in PetalingMBT - 383 words
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426 1992-01-11 3 HONGKONG Kong Wah International has launched a HKS34S million (Ss72 million) flotation, the largest public offer of new shares since June 1990. The South China Morning Post reported earlier this week that the television manufacturer is issuing 250 million new shares at $1.38 each,426 words
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418 1992-01-11 3 Reuter TOKYO Honda Motor Co Ltd lowered both its parent and group profit forecasts for the year ending March 1992 because of sharply lower domestic demand and a delay in the US economic recovery, the Japanese automaker announced. "The revision was halfReuter - 418 words
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305 1992-01-11 3 Lee Han Shih - By Lee Han Shih SINGAPORE Sometime this year, the net tangible asset value of Asia Pacific Breweries Ltd (APB) is set to increase by $2IS million. The increase from the sale of its Tiger and Anchor brewery sites along Alexandra Road,305 words
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174 1992-01-11 3 SINGAPORE PCL SA, a subsidiary of publicly-listed Pacific Carrier Ltd, has terminated a joint-venture agreement to operate a parcel trading business from Australia and New Zealand to the Far East. Pacific Carrier yesterday said the venture was aborted despite initial steps to incorporate174 words
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271 1992-01-11 3 Beraama KUCHING Magnum Corporation Bhd will resume four digit lottery sales in Sabah and Sarawak with immediate effect as its licence to operate in the two states was renewed on Jan 1. The Federal Finance Ministry in a statement said it decided toBeraama - 271 words
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COMPANY BRIEFS
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64 1992-01-11 3 SINGAPORE Singapore Airlines' fleet will double to about 90 aircraft by the end of the decade, SlA's deputy managing director Michael Tan said. "By the end of this decade SIA is expected to operate to all six continents with about 90 aircraft,"64 words
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Article135 1992-01-11 3 KUALA LUMPUR Metroplex Bhd, the owner of The I Mall shopping complex here, plans to construct a 15-storey shopping cum residential complex costing about Msloo mil- lion at Taman Kosas at Ampang near here next year. Manag l ing director Dick Chan said the complex, to135 words
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Article38 1992-01-11 3 SINGAPORE Aflfin Holdings Bhd, the publicly-listed subsidiary of the Malaysian armed forces pension fund, has confirmed that it is negotiating to acquire a majority stake in Perwira Habib Bank Malaysia Bhd.38 words
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Article88 1992-01-11 3 SINGAPORE Worldwide Holdings Bhd agreed to acquire. a 51 per cent stake in Perangsang Emperee Wood Industries Sdn Bhd for M 5765.000. It said the vendor of the shares is' Kumpulan Perangsang Selangor Bhd. Perangsang Empcrcc's main activity is kiln drying, but it has not begun88 words
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Article54 1992-01-11 3 SINGAPORE Cashing in on the buoyant market for quarry products, Malaysian-listed Sime Daiby Bhd, through its wholly-owned subsidiary SD Holdings Bhd, is establishing a quarry plant in Klang Valley. The venture will provide Sime UEP Properties Bhd with a source of quarry products, > said54 words
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Article70 1992-01-11 3 KUALA LUMPUR MBf-Peugeot Sdn Bhd will acquire the net assets of MBf Automobile Sdn Bhd, the retail agetu for Peugeot cars in Malaysia, for M 52.6 million in cash. MBf Holdings Bhd yesterday said that since it now holds 51 per cent equity in MBf-Peugeot, MBf-Automobile70 words
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Article29 1992-01-11 3 SINGAPORE Foreigners owned 20.93 per cent of the issued share capital of Singapore Computer Systems Ltd as of Jan 9, the company said yesterday.29 words
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Article44 1992-01-11 3 SINGAPORE Dato' Long Ahmad Zainalabidin bin Mohd Tahir has resigned as a director of Malaysian-listed Resorts World Bhd with effect from Dec 31, the company said yesterday. Dato' Zainal Abidin Mokhtar was appointed a director of the company yesterday.44 words
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317 1992-01-11 3 It does not reflect the strong economy, he says Reuter KUALA LUMPUR Malaysian Prime Minister Mahathir Mohamad said he was concerned about the weak local stock market which he felt did not reflect the strength of the economy and corporate performance. "We are concerned becauseReuter - 317 words
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354 1992-01-11 3 Launch of new products and PCs this year FT SAN FRANCISCO Apple computer plans a big thrust into the consumer electronics market from the second half of this year in a bid to expand its sales. The group's plans include the launch ofFT - 354 words
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FINANCIAL NEWS
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SMALL CHANGE
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90 1992-01-11 4 MEXICO CITY The Mexican government is toying with the idea of lopping three zeros off the peso, now pegged at over 3,000 to the US dollar, in a move that would boost confidence in the economy and the currency and cut down on90 words
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Article75 1992-01-11 4 ZURICH Credit Suisse said a deadline for it to meet capital requirements for the CS Holding group, of which the bank is the prime asset, had been extended to end-1992 because it had failed to meet the original deadline. Switzerland's federal court ruled in December 199075 words
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62 1992-01-11 4 LONDON Citibank NA has reduced its stake in Saudi American Bank, the largest of Saudi Arabia's nine joint venture banks, to 30 per cent from 40 per cent. "Shortly before year-end (Citibank) sold 600,000 of its 2.4 million shares in Saudi American Bank to62 words
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Article60 1992-01-11 4 TOKYO Japanese banks are preparing to expand or open discount window borrowing from the US Federal Reserve to help manage possible liquidity problems in their foreign-currency denominated assets, industry sources said. "Improving risk management has been a major issue (for Japanese banks) after financial60 words
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369 1992-01-11 4 BANGKOK The forced opening of the life insurance market under provisions to be discussed at the General Agreement on Tariffs and Trade's Uruguay Round, has caused panic throughout the Thai insurance industry, the Bangkok Post said in a recent report. Thai Life Insurance Association369 words
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170 1992-01-11 4 Agencies NEW YORK PaineWebber Inc received the secondstiffest fine in New York Stock Exchange history for a rash of sales and trading improprieties at several branches around the country from 1984 to 1988. The US$9OO,OOO (551.46 million) fine, announced on Wednesday, followed a lengthy investigationAgencies - 170 words
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296 1992-01-11 4 Big devaluation of rouble: study Reuter LONDON Russia is about to introduce radical changes in its foreign exchange system, including a massive devaluation of the rouble, according to a study prepared by J P Morgan. The investment bank said the study was basedReuter - 296 words
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306 1992-01-11 4 Reuter TAIPEI The creation of new commercial banks in Taiwan for the first time in 17 years is forcing the statedominated banking sector to become more competitive and flexible in its interest rdte policies, bankers said. Two new banks outReuter - 306 words
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438 1992-01-11 4 NYT NEW YORK J P Morgan Co, one of the US' most prQsperous banking companies, reported on Thursday that excluding special onetime gains, its profits rose nearly 44 per cent last year. The newly merged Chemical Banking Corp also reported earningsNYT - 438 words
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Article, Illustration523 1992-01-11 4 DBS Bank weekly currency review USD/DM: double bottom pattern seen The US dollar traded sharply higher to touch 1.5500 marks on Jan 3 before quickly giving up its gains to reach a low of 1.5037 on Wednesday. The bearish trend for the US dollai however,523 words
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Page 4 Advertisements
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Advertisement147 1992-01-11 4 < for a audience ASIANPEmH AEROSRACE'92 ASIAN AEROSPACE is considered one of the worlds most important air shows. Three of our newspapers will be publishing a rm 0,. .j special feature in conjunction with this qreat The Straitsllmes exhibition of air-pa/ver. FEBRUARY 24,1992 Readers will get to read about the147 words
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Advertisement64 1992-01-11 4 SINGAPORE PRESS HOLDINGS LIMITED (Incorporated in Singapore) ANNOUNCEMENT ON FOREIGN OWNERSHIP Pursuant to Article 23C(4) of the Company's Articles of Association, WE HEREBY GIVE NOTICE that as of 9 January 1992 the percentage of the issued ordinary share capital of the Company in which foreign persons have an interest is64 words
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THE REGION/THE WORLD
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604 1992-01-11 5 Bush's visit to Japan IHT TOKYO The package of weak concessions that US President George Bush exacted from here to aid the US economy is likely to benefit European, Asian and Japanese companies as much or more than American concerns, economists said on Thursday.IHT - 604 words
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Article, Illustration617 1992-01-11 5 AP TOKYO In a summit of many symbols, perhaps the most potent was the image of President George Bush, who towers over Prime Minister Kiichi Miyazawa, lying helpless and gasping in the latter's arms. None of the summit's fineAP - 617 words
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Article, Illustration434 1992-01-11 5 Shoeb Kagda - From Shoeb Kagda in YANGON MYANMAR is looking to local and foreign private businesses to spearhead growth in the livestock and fisheries sectors in an effort to boost the country's hard currency earnings. Agriculture and fisheries will be the backbone for Myanmar's434 words
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475 1992-01-11 5 Many oppose PM Rao's drastic economic reforms Reuter NEW DELHI The pugnacious parties of the world's most populous democracy are on the warpath again, six fnonths after they were sobered into a truce by India's most traumatic general election. Hindu nationalists areReuter - 475 words
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383 1992-01-11 5 JAKARTA Power shortages and poor telecommunication and port facilities will be the main obstacles as Indonesia strives to achieve a 20 per cent growth in nonexport income next fiscal year, according to a report in the Jakarta Post. Minister for Industry Hartarto was383 words
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WORLD WATCH
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88 1992-01-11 5 HONGKONG Approved foreign investment in Vietnam is expected to exceed US$l billion (about 551.62 billion) in 1992, according to a Vietnamese business delegation to Hong-; kong and China. Ho Thi Huong, director-general of the Ho Chi Minh City branch of the Chamber88 words
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Article83 1992-01-11 5 TOKYO Prices of residential land have fallen in Japan'& four main industrial regions, including in Tokyo wherevalues last month were down 10.8 per cent from a earlier, a private survey showed on Thursday. Prices in the metropolitan area, which includes Tokyo and its three neighbouring prefectures,83 words
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Article90 1992-01-11 5 BEIJING Chinese officials ruled out an amnesty for the Tiananmen Square democracy activists and also rejected international supervision of prison conditions, a German legislator said on Thursday. Klaus Kubler, vice-chairman of' the German parliament's Human Rights Committee, said he spent four days meeting Chinese officials90 words
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Article83 1992-01-11 5 TAIPEI Taiwan will further ease curbs on trade with China by allowing 36 more types of raw material to be imported from the mainland starting next week. The mate-" rials included timber and various industrial chemicals, the Board of Foreign Trade said. Taiwan currently83 words
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Article80 1992-01-11 5 TOKYO A Japanese gangster told US President George > Bush that if he didn't help abolish laws against racketeering, gangsters wouldn't buy American cars. Former gang-r land boss Tadao Nawa, in a letter to Mr Bush, said that "about 70 per cent of the people who80 words
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Article63 1992-01-11 5 WIESBADEN, Germany Retail prices in former West Germany rose 3.5 per cent on average last year, according to definitive figures published here on Thursday by the Federal Statistics Office. The 1990 figure was 2.7 per cent. The December 1990 to December 1991 accumulated figure63 words
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469 1992-01-11 5 AFP WARSAW Moves to create a market economy in the former Soviet Union have already had one paradoxical effect they have eliminated at a stroke a thriving crossborder trade between Russia and Poland. Over the past year huge queues used to build up onAFP - 469 words
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Page 5 Advertisements
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Advertisement8 1992-01-11 5 Bush fire raging in wrong places, EL 28 words
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Advertisement78 1992-01-11 5 Too Much To Read? kea Not Enough Time? PHOTOREADING A new solution to y Jr the problem of reading j Alot a speed reading course .4 L t Jf| W Reduce reading time Increase comprehension \A \BT M Enhance memory *li\ m Relieve stress wl m Mentally Photographing J pages78 words
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STOCK EXCHANGE OF SINGAPORE 1
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Article, Illustration3785 1992-01-11 6 Lilian Ang - By Lilian Ang THE SPOTLIGHT was on foreign-held shares of local companies yesterday, although Malaysian counters had their fair share of action with a number of plantation stocks featuring on the active list. It wasn't a brilliant performance that propelled foreign shares into the3,785 words
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Article, Illustration73 1992-01-11 6 Chew Eng Han - By Chew Eng Han Comment CONSPLANT has essentially been trading in a band between $1.00 and $2.00 for the last four years. The stock appears headed for the upper end of the band, but badly needs a correction first. The 13-day RSI is at 80 and 5-day stochastics73 words
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Article2947 1992-01-11 7 SPC Foreign 410 +30 +7.9% Orchard Parade 436 +16 +3.8% BAT 2l« 555 +10 +18% C Properties 690 +10 +1.5% C&C 640 +10 +1.6% DBS 1170 HO *0 9% Spore Land 555 +10 fl.8% UOB Foreign 655 +10 +1.6% ICS 366 *6 +1.7% FELS 50»2,947 words
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Page 7 Advertisements
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Advertisement10 1992-01-11 7 ASIAN AEROSPACE 92' A special BT Supplement Feb 25, 199210 words
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Article3250 1992-01-11 8 NST 332 +12 +3.8% KL Kepong 237 +8 +3.5% Simc Darby 50* 238 +7 +3.0% Gentings 50* 705 5 +0.7% UMW 242 f 5 +2.1% High Low 50* 190 +4 +2.2% Amal Si eel 50« 226 +2 0.9% Kufim Msia 50« 113 +2 +18% DMIB3,250 words
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Page 8 Advertisements
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Advertisement21 1992-01-11 8 The smart addition to your research department is only a phone call away I Telephone: *****63, *****66, *****89 I I M21 words
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KUALA LUMPUR STOCK EXCHANGE
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Article, Illustration5000 1992-01-11 9 Bernama SHARE prices here closed a shade easier on lack of fol-low-through buying after a steady opening yesterday. Pre-weekend reservation and mixed signals from the major bourses again affected sentiment. Despite a further rally on Wall Street overnight, Japanese stocks plunged yesterday onBernama - 5,000 words
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STOCK EXCHANGE OF THAILAND
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Article, Illustration2222 1992-01-11 10 BANGKOK BANK was heavily bought for the second day and its gain pushed the stock index to a higher close despite losses by most shares. It rose two baht to 522 with 1.29 billion baht worth of shares changing hands, equal to 26.5 per2,222 words
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JAKARTA STOCK EXCHANGE
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Article1163 1992-01-11 10 SHARE prices ended lower yesterday after Friday's usual half-day trade, brokers said. The official index eased 0.45 points to 250.20. Turnover fell to 4.63 million shares compared to Thursday's 12.93 million. Argur Pantes was the most actively traded in the regular market with 297,0001,163 words
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Page 10 Advertisements
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Advertisement9 1992-01-11 10 Don't miss Executive Jobs in Business Times every Saturday9 words
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Advertisement12 1992-01-11 10 BMI igeP |mj M y l every Hi JH I MWkmcfepsi w12 words
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TOKYO STOCK EXCHANGE
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Article, Illustration2633 1992-01-11 11 Reuter STOCKS plunged to close sharply lower yesterday. Foreigners and individual investors deserted the market as investment trust selling and arbitrage unwinding sparked by a narrow spread between the cash index and the March futures contract hurt prices, brokers said. "We've seen a big sell-ofTReuter - 2,633 words
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STOCK EXCHANGE OF HONGKONG
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Article, Illustration2593 1992-01-11 11 Reuter SHARE prices yesterday ended slightly up but off morning highs after profit-taking emerged to pull down the blue chip index, brokers said. "The market struggled to go higher but it suffered prof-it-taking when it approached 4,370," said Andrew To, a research directorReuter - 2,593 words
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AUSTRALIAN STOCK EXCHANGE
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2450 1992-01-11 12 Reuter THE sharemarket ended the day with healthy gains across the board yesterday after going slightly off its highs. Brokers said trade was busy with a mixture of offshore and local buying in leading stocks. "It's moving up well," a Prudential-Bache SecuritiesReuter - 2,450 words
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REGIONAL STOCK MARKETS
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Seoul stocks plummet on political uncertainty
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Article849 1992-01-11 12 STOCKS plummeted across the board in hectic trade on local profit-taking and institutional selling ignited by political uncertainty yesterday, brokers said. The Composite Stock Index ended 17.64 lower at 619.47. "Rumours that some ruling party members were disappointed at the president's failure to nominate Kim Young Sam as the849 words
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Article461 1992-01-11 12 SHARE prices ended lower yesterday on profit-taking triggered by a plunge in Tokyo stocks, brokers said, adding that further falls would be limited. The Weighted Index closed at 4,782.82, 20.69 points lower, after rising more than 40 points at one stage. Turnover was active at NT542.4 billion. Support was461 words
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Article521 1992-01-11 12 SHARE prices closed slightly higher yesterday as profit-taking eased on Manila's stock exchanges, but brokers said the market did not look ready to resume a previous rally. Investors seemed worried that a current electric power crisis gripping the southern Mindanao island could spread to Luzon island where most industries521 words
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Article196 1992-01-11 12 INDICES TURNOVER Clow Jaa 10 Pre*— NEW ZEALAND NZSE-40 Capital Turnover (million) MAMUl unav unav 1.519.56 12.5 Composite Index Turnover (million) .219.83 1.29 1.208.09 1.72 11.74 -0.43 TAIPEI Weighted Price Index 4.782.82 Turnover (NTS billion) 42.4 4.803.51 38.4 -20 69 +4 SEOUL Composite Stock Index Turnover (billion won) 619.47 301196 words
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Page 12 Advertisements
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Advertisement7 1992-01-11 12 The New Zealand report was not available7 words
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WORLD STOCK MARKETS
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Late selling pares Wall Street's gains
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Article, Illustration1231 1992-01-11 13 STOCKS rose in choppy trading on Thursday, with a number of indices repeating their almost daily feat of reaching new highs. Shrinking interest rates still leave investors with few alternatives to shifting money into equities. The Dow Jones Industrial Average rose 5.59 points, to a new closing high1,231 words
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Article, Illustration729 1992-01-11 13 SHARE prices finished higher on London's Stock Exchange on Thursday, boosted by an early surge on Wall Street. By the close of European business, the Dow Jones Industrial Average was up 19.90 points at 3,223.84. Wall Street was buoyed by news that US wholesale prices fell 0.2 per cent729 words
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Article336 1992-01-11 13 SHARES closed a session of active trade on Thursday 1.8 per cent higher around the day's highs. Continued Wall Street strength and hopes for lower interest rates, fueled by the recent rally in Dutch bonds, boosted sentiment. "People are becoming convinced that interest rates will fall further and that336 words
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Article75 1992-01-11 13 INDICES TURNOVER NEW YORK Close Previous Jan 9 Dow Jones SAP 500 Turnover (million) 3.209.53 417.61 292.4 3,203.94 418.10 290.8 5.59 0.49 1.6 LONDON Financial Times 30 FTSE 100 Turnover (million) 1.904.8 2.497.9 715.6 1.885.9 2.467.1 505 3 18.9 -♦-30.8 -*-210.3 FRANKFURT DAX Index 1,589.76 1,578.73 +11.03 AMSTERDAM EOE Index75 words
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Article184 1992-01-11 13 THE FRANKFURT stock market closed on an optimistic note on Thursday, operators said, as the DAX spot trend index rose by 0.70 per cent on the day to end at 1,589.76 points, while the Commerzbank indicator was up 0.30 per cent to 1,819.30 points. Operators said that the market184 words
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Article289 1992-01-11 13 THE PARIS bourse CAC-40 index surged 2.7 per cent to close above the key 1,800 mark on Thursday for the first time since Nov 18, dealers said. Traders said investors worried about missing out on a rising market piled into the bourse to drive the share index to a289 words
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Article204 1992-01-11 13 ITALIAN shares closed higher on Thursday as the market gained in improved volume helped by strong performance of Fiat shares, which rose around 2.5 per cent. Dealers said the share's performance and the generally buoyant market helped boost volume from Wednesday's dismal 50 billion lire. Operators said there did204 words
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Article399 1992-01-11 13 CONTINUED demand for blue chip issues kept the Johannesburg stock mar- ket on the boil on Thursday, driving ths overall index to a new high, dealer* i said. Dealers said some nervousness was detected as the market neared its record highs, but the mood remained buoyant and prices of399 words
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Article262 1992-01-11 13 STOCKS skyrocketed almost 65 points, or 1.85 per cent, in the heaviest volume since Dec 15, 1988. Analysts said the market was led by advances in the gold and silver index, fuelled by higher bullion prices, and strong bank stocks. The TSE-300 closed up 64.96 at 3,580.6 on volume262 words
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Article319 1992-01-11 13 SWISS share prices closed markedly higher in brisk trade on Thursday with the firmer trend on foreign bourses, the strong Swiss bond market and expectations of lower interest rates supporting sentiment, brokers said. The all-share SPI index closed up 16.8 points, or 1.58 per cent at 1,080.1, only marginally319 words
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Article115 1992-01-11 13 PRICES on the Stockholm bourse closed sharply up on Thursday in busy trade as media leaks ahead of yesterday's 1992/93 state budget dispelled market uncertainty, dealers said. Media reports said the centre-right government will propose spending cuts of 12.5 billion crowns in fiscal year 1992/93. Improving European markets after115 words
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Article123 1992-01-11 13 Brussels Jm 9 Francs FORWARD MARKET Acec 2155 15 Arbed 3370 55 Astur 798 Brascan 492 3 Can pat 490 unch Cock 144 I Dc Beers 906 Ebes 7730 GBdg(P) 1780 20 Gb-Inno-Bm 1214 12 Gevaert 6540 70 Gr Bru Lamb 3170 +40 Hobok Petro ***** unch Ryi Dutch 2610123 words
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Page 13 Advertisements
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Advertisement8 1992-01-11 13 Other markets in Europe, South Africa and Canada8 words
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Advertisement17 1992-01-11 13 Executive Jobs every Saturday in Business Times Innovation Technology in BT i yJ every Tuesday; 'r L17 words
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CURRENCY, MONEY & FUTURES MARKETS
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1173 1992-01-11 14 REPORTS THE US dollar continued to set a punishing pace at the European midsession yesterdiay, recovering early lost ground to stand a pfennig higher on its opening levels. Traders said much now hinged on the crucial US employment report for1,173 words
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Article376 1992-01-11 14 Cross rates Jan 10 USS SS MS Dm Yen SFr AS NZ$ USS 1.6330 2.7150 1.5550 126.00 0.5485 1.3870 1.3514 ***** SS 0.6124 1.6626 0.9522 77.1586 0.3359 0.8494 0.8275 1.1257 MS 0.3683 0.60 0.5727 46.4088 0.2020 ***** 0.4977 0.6771 Dm 0.6431 1.0502 1.7460 81.03 0.3528 0.8920 0.8690376 words
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Article533 1992-01-11 14 Interbank rates S$ Bid Offer Overnight 3 3/4 4 1-month 2 3/4 2 7/8 2-month 2 13/16 2 15/16 3-month 2 7/8 3 Overnight mode. 3-3/4 LSS Bid Offer 7 days 4 4 1/8 1 month 4 1/16 4 3/16 2 months 3 15/16 4 1/16 3 months533 words
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Article, Illustration575 1992-01-11 14 AFP SYDNEY Reduced interest rates and concern over the Australian government's strategy in trying to lower unemployment were blamed yesterday for the Australian dollar's plunge overnight to its lowest level in four years. Huge intervention by the Reserve Bank failed toAFP - 575 words
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Article1088 1992-01-11 14 SIMEX EUHOOOiiAH Open High Low Sett Est Vol Op/Int Vol Mar 92 95.95 9198 9195 9196 9775 ***** 8760 Jun 92 95.84 95.87 95.83 95.85 8911 ***** 7501 Sep 92 95.63 95.66 95.62 95.63 4871 8226 2892 Dec 92 95.13 95.16 95.12 95.13 3035 2832 2901 Mar 931,088 words
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Page 14 Advertisements
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Advertisement5 1992-01-11 14 Chartpoint in BT every Saturday5 words
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Advertisement9 1992-01-11 14 Managers must manage. BT shows you how every Monday9 words
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COMMODITIES
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353 1992-01-11 15 Reuter JAKARTA Low prices and drought are likely to hit Indonesia's rubber production this year, a leading industry official said on Wednesday. The head of the Indonesian Rubber Association (Gapkindo), Sutrisno Budiman, said that output might fall by about 10 per cent thisReuter - 353 words
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255 1992-01-11 15 Reuter TOKYO Japan's precious metals users are waiting for gold and platinum prices to fall further before buying aggressively, trading house officials said. "The mood here is let's wait until the metals hit the bottom. Bargain-hunting by Japanese should emeige belowReuter - 255 words
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810 1992-01-11 15 REPORTS THE PRICE of tin on the Kuala Lumpur Tin Market ended unchanged at M$ 14.57 a kg on lack of participation from both producers and buyers. Dealers said market fundamentals remained weak with most players reluctant to trade ahead of the810 words
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Article1387 1992-01-11 15 Rubber j an 10 MS (*»> h fcatel) S cents/kg Noon Cose Int I RSS Prompt 127.50/128.50N 127.50/128.50N Int I RSS Feb 92 128.00/128.50 128.00/128.50 Int I RSS Mar 128.50/129.00 128.50/129.00 Int 2 RSS OP I26.50/127.50N 126.50/I27.50N Int 3 RSS OP 123.50/124. SON 123.50/124.50N Int 4 RSS OP I22.00/123.00N1,387 words
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Page 15 Advertisements
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Advertisement7 1992-01-11 15 Enterprise Management in Business Times every Monday7 words
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Advertisement352 1992-01-11 15 BUSINESS TIMES Toll free Tel No 737 0043 'Fax No: 734-3006 CfIRRIAFNmikI S MA JItP OF THE COHHKahNUUM COMPANIES ACT, CAP. 50 AND Re: Proposal lo change of IN THE MATTER OF r'P "2 AIKBANU GOLD ft Daoambar JEWELLERY MFQ PTE LTD JaylntamaUonaJPtaLtd. (In Voluntary Liquidation) NOTICE IS HEREBY GIVEN,352 words
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307 1992-01-11 16 Anna Teo - Addenda to President Wee's Address Pace expected to slow after that By Anna Teo SINGAPORE The Ministry of Trade and Industry expects the Singapore economy to grow by about 5-7 per cent for the next three to five years, then to307 words
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102 1992-01-11 16 SINGAPORE Progress in raising the retirement age is still slow in the non-unionised sector, noted the Ministry of Labour in its addendum to the President's address. Legislation to effect the change will be necessary if this continues, it added. The ministry, headed by102 words
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169 1992-01-11 16 Genevieve Cua - By Genevieve Cua SINGAPORE The Inland Revenue Department will become a statutory board, under a Bill being drafted for presentation to Parliament. The planned change of status was revealed in the addendum to the President's address by the Finance Ministry last169 words
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224 1992-01-11 16 SINGAPORE The Ministry of Finance is finalising the White Paper on proposals for a comprehensive consumption tax, and will publish it when it is ready. But no major changes are on the cards in the' corporate and personal tax systems. In its addendum224 words
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Article, Illustration291 1992-01-11 16 Chung Peck Ming - By Chung Peck Ming SINGAPORE Singapore and China will soon join forces to promote tourism in the Chinese province of Yunnan. The Chinese ambassador to Singapore, Zhang Qing, told reporters yesterday a direct link between the Republic and the capital city of the291 words
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266 1992-01-11 16 AFP KUALA LUMPUR Malaysia yesterday called for closer links with China as.a state visit by President Yang Shangkun warmed relation? long strained by Beijing's (£>. cades of support for a communist insurgency here. Malaysia's king, Sultan Azian Shah, told Mr Yang thatAFP - 266 words
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242 1992-01-11 16 Agencies LAS PALMAS, Spain The coroner who carried out the first autopsy on media magnate RoberrMaxweH has rejected reports that a second post mortem found signs of beating. Carlos Lopez de Lamela, director of the Las Pal mas Forensic Institute, told reporters he totallyAgencies - 242 words
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439 1992-01-11 16 AP WASHINGTON The US economy may have dipped back into recession late last year but has resumed a weak recovery, according to a survey of some of the nation's top economists that was released on Thursday. "Real GDP growth inAP - 439 words
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198 1992-01-11 16 Reuter TAIPEI Foreign investment in Taiwan, hit by fear of internal political crisis and renewed appreciation of the Taiwan dollar, fell 22.7 per cent in 1991, Taiwan's Investment Commission said yesterday. Overseas investment by Taiwanese businessmen grew only about 7 per cent,Reuter - 198 words
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404 1992-01-11 16 Reuter MOSCOW Russia and Ukraine tried yesterday to patch up a quarrel over control of the Black Sea fleet which threatens to split the new Commonwealth of Independent States. And in Brussels, Nato, deeply worried by the row, met officialsReuter - 404 words
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321 1992-01-11 16 GENEVA Gatt chief Arthur Dunkel said yesterday the Uruguay Round of world trade talks should be concluded before the Easter holidays in April this year. His comments came after the Bush administration had said on Thursday that weeks or months of321 words
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231 1992-01-11 16 Reuter SEOUL South Korean President Roh Tae Woo denied yesterday fresh allegations that he had taken political funds from businessmen but said he had received donations for charitable causes. "I make it clear that I have never asked any enterprises or anybody toReuter - 231 words
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Page 16 Advertisements
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Advertisement6 1992-01-11 16 CHARTPOINT Every Saturday in Business Times6 words
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Advertisement6 1992-01-11 16 CHARTPOINT Every Saturday in Business Times6 words
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Executive Lifestyle
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Article, Illustration1378 1992-01-11 17 Anna Teo - Singapore has the world's tallest hotel, but the highest hotel in the world is to be found in Nepal. While savouring the Himalayan mountains recently, Anna Teo dropped in at the Everest View Hotel, and had Anna Teo THERE we were, as dirty and dishevelledPhotos by Anna Teo - 1,378 words
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STRAWS IN THE WIND
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Article73 1992-01-11 17 SOME members of the American press corps seem quite lacking in decorum. Before US President George Bush's press conference at the Istana, they were seen posing at the official podium, making V signs while colleagues photographed them. Later, when an American reporter saw Mr Bush welcomed by73 words
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Article31 1992-01-11 17 BEMUSED by the way American journalists followed Mr Bush's every move, PM Goh asked him if they trailed him everywhere? "Yes, except in the bathroom," said Mr Bush.31 words
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Article51 1992-01-11 17 ALL journalists know what a press conference is. But when Mr Bush was in town, some local reporters were a trifle confused when told they could have "press availability" with the President. "It sounds better than saying press encounter," a US official explained. Maybe ET would have51 words
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Article69 1992-01-11 17 DURING a tennis match in Tokyo between Mr Bush and Japanese Emperor Akihito, an American official asked in jest if the playing field was level? A miffed Japanese Foreign Ministry official returned the snub by saying the heads of state were playing by international rules. Later, after69 words
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OPINIONS
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Article, Illustration987 1992-01-11 18 Schutz Lee - Thrift is not necessarily a virtue in depressed times. However, saving remains a good habit. The question is whether a nation seizes its chance to save when it can, argues Schutz Lee Schutz Lee The writer is a BT journalist AMIDST the revelry on New Year's987 words
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Article1022 1992-01-11 18 Tye Kim Khiat - Tye Kim Khiat sees no reason for the US President to come down so hard on America's allies Tye Kim Khiat The writer is a Melbournebased journalist who contributes to BT THERE WAS a time when the world was asked to read President Geoige1,022 words
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Article, Illustration538 1992-01-11 18 Peter Chia - LETTER TO THE EDITOR Peter Chia Manager, Public Affairs Stock Exchange of Singapore MR HENRY TAN raised several questions about the existing ruling on trading in scripless Foreign shares by "local" persons (BT, Dec 21/22, 1991). He questioned the rationale for allowing "locals" to538 words
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SPORTS
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Article, Illustration296 1992-01-11 19 The Paris-Cape Town Rally r Will the civil war in Angola disrupt the rally? The organiser's r safety official thinks not AFP The racers were given final instructions on Thursday on how to cope with the last stretch of the race that will take them through theAFP - 296 words
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SIDE LINES
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125 1992-01-11 19 BOURNEMOUTH, England James Wattana recorded one of the most remarkable wins of the snooker season in whitewashing world and UK champion John Parrott in the Mercantile Credit Classic here on Thursday. The 21-year-old Thai, emerging as the circuit's best prospect, beat Parrott with an125 words
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Article98 1992-01-11 19 M. C 7 C 7 OSLO World Championship shot put silver medalist Georg Andersen of Norway faced doping charges at a closed two-day sports commission hearing that began on Thursday. Andersen, a 29-year-old police officer, tested positive for traces of the banned anabolic steroid metenolon in98 words
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Article118 1992-01-11 19 BRUSSELS Danny De Bie, the 1990 world cyclo-cross champion, was fined 80,000 Belgian francs (554.144) by a court at Ypres on Thursday for refusing to take a drug test after a race. De Bie, 31, tried to avoid a test after a race in Jan 1991 at118 words
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Article98 1992-01-11 19 ALGIERS Women's 1,500-metre world champion Hassiba Boulmerka is considering leaving her native Algeria to train because of the possibility of Islamic fundamentalists becoming the dominant party in the country's parliament. Boulmerka said in an interview with the Italian newspaper La Republica that she has been denounced98 words
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Article99 1992-01-11 19 LONDON Martin Donnelly, who suffered terrible injuries in a crash during qualifying for the 1990 formula one Spanish grand prix, has started his own racing team. Martin Donnelly Racing will have two cars entered for this year's British Vauxhall Lotus Championship. Donnelly, 27, has signed99 words
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Article72 1992-01-11 19 SAN DIEGO, California The US Syndicate America 3 announced here on Thursday that it was building a fourth yacht and would have it here in time for the fourth round of the America's Cup defender trials. America 3, whose boat Jayhawk lost a mast last Friday,72 words
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Article, Illustration486 1992-01-11 19 AP Blaine mccallisTER converted an exceptional short game into a 7-under-par 65 and a one-stroke lead on Thursday in the first round of the opening event on the 1992 PGA Tour, the elite Tournament of Champions. "I'm as surprised as anybody," said McCallister, whoAP - 486 words
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615 1992-01-11 19 NYT Decades ago, the sportswriter Grantland Rice declared ttiitt it is not whether you win or lose, but how you play the game. Today, it seems, it is not whether you play the game, but whether you sponsor one. •"Eight executives from con-sumer-marketing giantsNYT - 615 words
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Article, Illustration539 1992-01-11 19 Reuter CAMEROON, popular quarter-finalists at the 1990 World Cup in Italy, will start among the favourites when the 18th African Nations' Cup finals kick-off in Dakar tomorrow. But the threat of rebel attack in Senegal's southern Casamance region, where two killings wereReuter - 539 words
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EPICURE
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Article, Illustration486 1992-01-11 20 Quek Swee Peng - Quek Swee Peng drops in at Goodwood's recently redecorated coffee lounge for Taiwan porridge Quek Swee Peng GONE are the pretty pastels. No peaches and pinks. The checked marble flooring, in olive green and off-white, is now tastefully teamed up with striped swathes in khaki and cream.486 words
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LIFESTYLE
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Article, Illustration814 1992-01-11 21 N K Yong - WINE By N K Yong Last week, i discussed what to drink in 1992. Just as interesting is the question of what to buy, for current drinking as well as to l?iy down. For a change, and to make this as practical as possible, I814 words
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Article, Illustration996 1992-01-11 21 Frank Prial - Frank Prial reports that when it comes to predicting a vintage's quality, a maverick advises... Frank Prial NYT WHAT better day than the first of the new year to talk about vintages, and what better man to consult about them than the sage ofNYT - 996 words
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Article, Illustration291 1992-01-11 21 Sybil Holloway - BRIDGE By Sybil Holloway AT THE 1991 Gold Flake Asia and Middle East Bridge Championships in New Delhi, Samir Salib of Egypt was once again the hero of this deal: Salib reached 3NT as South against Zia and Shoaib of Pakistan. West, Shoaib, led the291 words
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PURSUITS 1
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Article, Illustration756 1992-01-11 22 Dawn Tan - The sax season is not over yet, notes Dawn Tan. Jazz aficionados can now look forward to an evening with David Sanborn at the World Trade Centre later this month Dawn Tan IT WAS by all accounts the year of the saxophone. Indeed, 1991 saw756 words
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Article657 1992-01-11 22 Margaret Thomas - Nepal is not just for masochists. When Margaret Thomas felt the pull of the Himalayas, she went about things the Royal way Margaret Thomas THE PURISTS would not approve. Not those singleminded souls who believe in doing it the macho or should that be masochistic way and657 words
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Article, Illustration1133 1992-01-11 22 As its audience gets older and technology gives it more power, the music business is starting to realise that it needs new ways to sell its stuff The Economist EVEN if home taping and other effects of the digital distribution of music plough up today's business inThe Economist; Source: IFPI,OECD - 1,133 words
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Article, Illustration1528 1992-01-11 23 Rajendra Bajpai - Rajendra Bajpai takes a ride on the least publicised and most expensive train journey in India and talks to Gaj Singh, former Maharaja of Jodhpur and the man behind this successful enterprise Rajendra Bajpai THE white-crested royal carriages steam out of the crowded Jodhpur railway1,528 words
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Article, Illustration770 1992-01-11 23 GAJ SINGH, the tall, handsome, 43-year-old former ruler of Jodhpur, is a prince among hoteliers. At the age of four he became the Maharaja of Jodhpur, on the edge of the desert in India's Rajasthan state, when his father died in a plane crash. At the age770 words
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Article, Illustration423 1992-01-11 23 Singaporeans reminisce about their experiences during the Japanese Occupation in this book of war stories The Bamboo Fortress by H Sidhu Native Publications, 302 pages, $14.90 Reviewed by Nirmal Ghosh THIS BOOK, subtitled True Singapore War Stories, is apparently doing quite well in the market.423 words
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PERSONAL FINANCE & INVESTMENT 1
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Article, Illustration1375 1992-01-11 24 Sangeeta Mulchand - As Pertama prepares to launch its share offer in the run-up to Chinese New Year, Sangeeta Mulchand wonders... STOCK Sangeeta Mulchand IT IS very much a case of which part of the elephant the blind man is at. Or from which angle electrical and1,375 words
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829 1992-01-11 24 Quak Hiang Whai - Quak Hiang Whai finds DBS Securities in an optimistic mood Quak Hiang Whai DBS SECURITIES expects the Singapore economy to grow by 5 to 5.5 per cent this year and is recommending stocks in the business of food, hotels, transportation829 words
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Article, Illustration684 1992-01-11 24 Goh Hiang Fong - chart By Goh Hiang Fong The writer is hed&ifZ research, Lum Cfu&gZ'. Securities Pte~£l£l This week, i would like to draw readers' attention to a channel technique which was developed by Dr Alan Andrews. It is called Andrews Pitchfork (see Chart 1). This684 words
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Article958 1992-01-11 25 Philip Crawford - Is it moral to view art in terms of big dollar signs? Addressing this and other tricky questions, Philip Crawford provides... Philip Crawford IHT THE VERY IDEA of buying art as an investment prompts many art dealers and scholars to respond with lofty indignation: "BuyIHT - 958 words
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Article, Illustration612 1992-01-11 25 Chew Eng Han - Chew Eng Han reads a book on the psychology of trading Chew Eng Han WHAT do you do when you're saddled with the burden of servicing a Porsche and a luxurious apartment on the gold coast of Chicago, but your bank account has been wiped clean by612 words
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Article, Illustration245 1992-01-11 25 Kooi Cho Teng - By Kooi Cho Teng AS EXPECTED, prices of golf club memberships continued to soften with no indications of a possible uptrend in the near future. The BT Golf Index shed 12.1 points or 4.6 per cent of its value for the month of245 words
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JOBS
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Article, Illustration445 1992-01-11 26 Mr J Robert Clapp Jr has been promoted to Chief Executive Officer of National Medical Enterprises Singapore Operations, Mount Elizabeth Hospital and East Shore Hospital. He was formerly the chief operating officer and administrator at Mount Elizabeth Hospital. Mr Clapp holds a Masters Degree in Health Services Administration445 words
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Article, Illustration924 1992-01-11 26 Chuang Peck Ming - R&D personnel, healthcare professionals and creative craftsmen will find themselves in demand this year, according to the headhunters. Chuang Peck Ming reports Chuang Peck Ming Headhunters peering into the dark clouds ahead still see a little sunshine. Job offers for professionals and executives in 1992 will924 words
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Article729 1992-01-11 26 Clyde H Farnsworth - Canadian Tire believes in educating its workers, and letting them go. Clyde H Farnsworth reports on this employer with a difference Clyde H Farnsworth NYT A LEADING employer in Vancouver, British Columbia, is financing higher education for its workers. But instead of welcoming themNYT - 729 words
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Article1012 1992-01-11 27 Ctty FMght ETA FHglit CTD CHy FMt»t ETA FHglrt ETC AW MmM GA971 0950 SQ105 1050 MH670 0950 rtroo oi ic MH642 1220 SQ106 1045 Oca i TQIA CQ227 21TO SQI07 1905 SQ108 1145 2010 SQ227 2130 SQ109 1405 MH641 1315 Aawtartfaai SQ19 0005 SQ24 01151,012 words
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THE TRAVEL PAGE
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Article, Illustration684 1992-01-11 27 Meriel Beattie - POSTCARD FROM AUSTRIA By Meriel Beattie VISIT the theatre or the opera in Austria and you'll have to plan and book in advance. Soon you might have to do the same for a day's skiing. After two decades of expansion, Austria's ski resorts684 words
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Article152 1992-01-11 27 As at 3pm yesterday: Local dollars to one unit of foreign currency Currencies Bid Offer Australian dollar 1.2049 1.2215 Canadian dollar 1.4054 1.4338 NZ dollar 0.8783 0.9140 Sterling pound 2.9606 3.0008 US dollar 1.6280 1.6360 Local dollar? to 100 units of foreign currency Austrian schilling 15.05 15.36152 words
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Article67 1992-01-11 27 Duration Title Venue Organiser Tel Jan 12-19 Do-lt-youneif Utrecht, Koninklijke 3I*****.9M 1992 Trade Show Netherlands Nedertandse Jaarneurs Jan 14-17 Aerospace NEC, Centre 021-*****18 1992 Technology Birmingham Exhibitions Exhibition Congress Duration Title Venue Organiser Td Jan 14-18 International Valencia. Feria Muestra- ********** 1992 Fair of Home Spain rio67 words
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TIME OFF
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Article261 1992-01-11 28 SSO Concert Conductor Choo Hoey. Soloist: Dang Thai Son (piano). Programme includes the world premiere of Heinrich Schweizer's Sinfonia Concertante for Chinese Flute, Indian Veena, Malay Bonang and Orchestra; Chopin's Piano Concerto No I in E minor and Richard Strauss' Aus Italien: A Symphonic Fantasy. Venue: Victoria Concert Hall.261 words
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Article, Illustration206 1992-01-11 28 Yasotha M - Compiled by Yasotha M John Thomson Photo Exhibition: China and Its People Exhibition of some 80 large format photographs of China and its people by John Thomson (1837-1921), who is one of the great figures of 19th century photography. Printed in sepia from the original glass negatives, the photographs206 words
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Article, Illustration556 1992-01-11 28 Cadence. Charlie Sheen is a recalcitrant soldier who gets sent to DC detention camp populated with literal black sheep. Martin Sheen is the racist disciplinarian against whom Charlie and company rebel. Cathay 2: 11; 1.30; 4; 6.45; 9.15. Curly Sue. A supremely cute nine-year-old. Curly Sue, and guardian JamesJielushi556 words
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Page 17 Advertisements
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Advertisement187 1992-01-11 17 I «HARK LOAN I The way of turning shares into F j I I SMOAMfV HNAMCC LOTTED I I *****33 *****33 ij wL BURBERRY LOOK i Wk vM M K B> M W V 4h r jbf MM vra T Ifl 1 f- ■■>■&>. ."-1N..,. ?i If Mil La li187 words
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Page 18 Advertisements
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Advertisement91 1992-01-11 18 jirfjj tU>H^p^'{ii'''^'.i'l!i§WP\ j$ WSK' 9^HH nwiiiM IF ONLY THE STOCK MARKET WAS AS RELIABLE. With the world economy going up and down like a roller coaster ride, isn't it nice to know there's still something you can depend on? Arrow. Still a classic today as it was in 1851. —Arrow*91 words
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Advertisement25 1992-01-11 18 IT ricoTi Itmn froa )N. AMmt ikN IK TV Editor. Bniwu Ttafv J* kiai Sr«t iU. S pan •923. Ltttm tboak iacM* cos tad MMbtrv25 words
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Page 18 Miscellaneous
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Miscellaneous72 1992-01-11 18 DOONESBURY BY GARRY TRUDEAU "tv yOU KNOW, EVERYONE, MAYBE UPPt ALLPOHJN TOXY BECAUSE YOU THINK THATS BAD? 1 UM. TM OFTHEPASTHOUDRf.NONEOF IGAMB MY DAUGHTER I REALM* THAT IS Zkk&L. US (DUU?AFFORD MJCH CHRIST- A BOX OF PAPER CUPS I YUP. fVTHBTJC. ONE HERE MAS THIS YEAR. MY SON ONLY j72 words
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Page 20 Advertisements
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Advertisement988 1992-01-11 20 ■J Nothing Beats A Bud, where to wine, dine OF PRINCESS •••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. See988 words
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Page 21 Advertisements
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Advertisement157 1992-01-11 21 AND ENTERTAIN (£>nll Family Sunday Brunch A scrumptious buffet selection for the adu ts. I; Cartoons and toys for the kids. I, Every Sunday. 11 am to 2.30 pm. Adults $33++ Kids $19++ I For reservations, oMrAPOPF I please call 732-1222 ext 1582/1597. T«*p*on« (65) 732 1222 It's an all-American157 words
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Advertisement164 1992-01-11 21 9 SUNDAY El m FAMILY B BRUNCH H (S7»for children under 12) Kj^9 TEE-OFF CAFE BAY GOLF St COUNTRY CLUB KM 6 MARINA GREEN SINCAPORE 0101. FOR RESERVATIONS PLEASE CAIJ. 221 2811/*****21 9-COURSE DELICACIES I gsl 9 BONUS ITEMS O HO Enjoy the following bonus Tnecia* i,ems "C" 1 Inte164 words
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Page 25 Advertisements
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Advertisement11 1992-01-11 25 i jg/jg* Jl^ fl |Vm3T7tt I l|| I jlnchcape ON SALE11 words
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Advertisement894 1992-01-11 25 I I 't'si' when you deposit with Hong Leong Finance ■B It Singapore Finance. MM h*« back, Hoag Inn Pkucc'a k Fiaaace'i Free Gift* sad Lacky Draw* prnfummt wtak a wider raafe of gifts aad rrta more nrtrin prize*. FREE GIFTS GRAND LUCKY DRAW Fran IJ Aufua 1991 w February894 words
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Page 26 Advertisements
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Advertisement86 1992-01-11 26 f> "v. I i v3l! I > V X j k V I If&'U' I y?:& N *>.. K- I I f N -<6S jt "3 <T> w x 1 *T SOME OF OUR TOP TALENTS ARE OVERSEAS. BRING THEM HOME. A paper subscribed by Singaporeans abroad. c And by86 words
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Page 27 Advertisements
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Advertisement45 1992-01-11 27 It's amazing the lengths Finnair goes to for just one price. Fly 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. We Know Europe hem «art to lUik.45 words
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Advertisement15 1992-01-11 27 Read Chartpoint, a guide to investing in the stock Market. Every Saturday in Business Times15 words
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Advertisement62 1992-01-11 27 N /UJHKT A6OUT) (VOU LOOK I FfcS V OHE. 9 j vJITH nOORSEUF, J \SZX&MK OFTrIEVtAR AWARD...J V j What is Vietnam Does Do former still suffer the scare of war? What are the nTiTßißti'^^^il^^^^^B people's dreams? Our two-man team captures life in Ho Chi Minh City. E' In a62 words
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Page 27 Miscellaneous
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Miscellaneous238 1992-01-11 27 1 The time to hold vermin ,■■J—"|h|^■Blof some H 5 Music-writing family (6) I 1 I I I I I 9 Bringing someone to doc- tor sick animal (8) IQT Like to run when so in- 11 I I I I I J J 111 clined (6) 11 -Bored as238 words
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Miscellaneous158 1992-01-11 27 Singapore Outlook: Fair and windy. Report Maximum temperature 31.6 Assoc humidity 59% Minimum temperature 23.8 Assoc humidity 93% Hours of sunshine 10.80 Rainfall in mm Nil Rainfall this month 2.1 Rainy days this month 1 World forecast Asia-Pacific Hi/Lo* Good. Auckland 24/16 Cloudy Bangkok 34/20 Sonny Beijing 03/-4 Flurry Brunei158 words
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Page 28 Miscellaneous
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Miscellaneous1646 1992-01-11 28 TODAY'S TV I ■Vfff!V!YT7WP9BB Nonni and (Ste- 5.00 Mutter* Budi. TlVi I reo, Last Ep). 5.30 Bobby's World (Ep 5.55 Today in History. Lembah Duka, 4pm, SBC 5 The Perils of Penelope Pitstop, PrnSSdjm'* 5 A long-suffering 11.30 am, SBC gggS s«ut Cahaya forced to compromise Our heroine takes part1,646 words
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Miscellaneous653 1992-01-11 28 MOVIES ON TV The Journey Of Natty Gann, Babycakes, Wed, 10.05pm, Mon, 3.00pm, SBC 5 SBC 5 During the Depression, Nat- 1990 American translation of ty's family life is upset when Percy Adlon's Sugarbaby. her father has to take off to Grace Johnson (Ricki Lake) find work in a lumber653 words
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