The Business Times, 25 January 1992
1992-01-25
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The Business Times
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Title Section17 1992-01-25 1 Business Times THE BUSINESS PAPER FOR S-E ASIA MITA (P) 35/12/91 Weekend Edition, January 25-26 1992 75*17 words
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NEWS & MARKETS SUMMARY
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Article29 1992-01-25 1 WALL STREET prices of leading shares opened slightly lower on yesterday, with the Dow Jones industrial average losing 5.59 points at 3.221.15 five minutes into the session.29 words
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Article40 1992-01-25 1 LONDON shares were lower at midday yesterday, undermined by declines on Wall Street and fears of dividend cuts in Britain. At noon, the Financial Times-Stock Exchange 100-share index was down 15 points, or 0.6 per cent, at 2,510.3.40 words
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39 1992-01-25 1 TOKYO Prime Minister Kiichi Miyazawa, haunted by scandals old and new, apologised in Parliament yesterday for the Japanese ruling party's latest bribery case and pledged to clean up politics as a top priority.39 words
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44 1992-01-25 1 CAPE TOWN South African President FW De Klerk yesterday offered blacks a vote and promised whites a veto on the outcome of talks about an interim government that will guide South Africa to multi-racial democracy.44 words
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Article29 1992-01-25 1 STYLE SINGAPORE, a fashion retail store displaying the works of 62 local designers and manufacturers, expects first-year sales of $14 million to $15 million Page 229 words
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Article23 1992-01-25 1 THE latest HDB land sale of three commercial and one residential sites attracted bids from property heavyweights Page 323 words
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Article34 1992-01-25 1 THREE Singapore companies have made a preliminary commitment to take up space at Osaka's Asia and Pacific Trade Centre, a commercial megacomplex similar to Singapore's International Merchandise Mart Page 634 words
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505 1992-01-25 1 Lilian Ang - Procurement offices in Republic welcome move By Lilian Ang SINGAPORE The United States has extended, with immediate effect, its Generalised System of Preferences (GSP) scheme to cover eligible Asean goods which are re-exported from Singapore to the US. In a505 words
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310 1992-01-25 1 AP HONGKONG Deng Xiaoping, China's paramount leader, has said China will maintain Hongkong's freewheeling capitalist system for 100 years following the British colony's reversion to Chinese rule in 1997, a report said yesterday. The leading Chinese-lan-guage Hongkong Economic Times quoted anAP - 310 words
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466 1992-01-25 1 William Chia - By William Chia SINGAPORE The judicial managers of Electro Magnetic (S) Ltd have found a local rescuer for the finan-cially-troubled video cassette maker and are on the verge of signing an agreement with the new investor. Sources said the latest arrangement466 words
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452 1992-01-25 1 Our Summit Team - By Our Summit Team SINGAPORE Asean economic ministers will sign this Tuesday a landmark agreement to liberalise trade, which could include major concessions such as removing trade quotas, eliminating non-tarifT barriers and easing foreign exchange restrictions. The agreement commits all Asean452 words
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200 1992-01-25 1 AFP SEOUL North Korean President Kim II Sung has accepted Seoul's longstanding request for a summit, and wants talks with Southern counterpart Roh Tae Woo at an early date. "There is no reason (for the two Koreas) to delay the summit meeting anyAFP - 200 words
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Page 1 Advertisements
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Advertisement122 1992-01-25 1 Nikon TKa rimat IMi nin fantilr ftyalMi ■iw mxic s rintti rnoioyvpnic aytwrn. COVER Don't worry, be healthy. EL CONTENTS Aircraft Schedule EL 11 Company News 3. 4 Regional Stock Markets 14 s3 no Ships m Port 2 S«mex 16 Singapore News 2 Sports EL 3 TV Radio EL 12122 words
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Advertisement8 1992-01-25 1 OPINIONS The key to defeating fundamentalism. EL 28 words
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Advertisement13 1992-01-25 1 PURSUITS The man behind the Dum-Pukkt revival. EL 6 Peranakan perspectives. EL 113 words
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Advertisement322 1992-01-25 1 PURSUITS Rhinos of Asia: back from the brink. EL 7 One of the great designs of this century And probably the next. J The Royal Oak, band-made and individually numbered, automatic movement uith central rotor in 2l<arat gold, water-resistant to 5 atm BA ***** 789 The Royal Oak' is instantly322 words
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Advertisement45 1992-01-25 1 Nikon ThtWbrM'tßnMl WiumpipNc t|*w. FINANCE rhe odds are good n the gaming ndustry. EL 8 Asean Summit set to achieve economic goal; Agreement to study EAEC idea further, Asean will not become defence body, brt security Pakistan eyes participation in Asean, A pec, Back P»ge45 words
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Advertisement9 1992-01-25 1 Are yov your ■■i in Van Wwftßß EL 109 words
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SINGAPORE NEWS
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NEWS ROUNDUP
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61 1992-01-25 2 THE SUPPLY of natural gas from Malaysia will now be officially turned on by Tuan Syed Hamid bin Syed Jaafar Albar, the Minister in the Prime Minister's Department, Malaysia, and Mr S Dhanabalan, Minister for National Development on Jan 29. Originally, prime ministers Mahathir61 words
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Article98 1992-01-25 2 THE APPEAL of former white-collar crime buster Glenn Knight will be heard on March 2 in the Singapore High Court. Knight, who in October last year pleaded guilty to charges of attempted cheating and making a false statement, is appealing against his jail sentence of98 words
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Article26 1992-01-25 2 HSIEH FU HUA, managing director of Morgan Grenfell Asia Holdings Pte Ltd, has just been appointed a director of the Singapore Broadcasting Corporation.26 words
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Article29 1992-01-25 2 AN EXHIBITION cum conference, Initiatives '92, will be launched later this year to promote entrepreneurship through the creation and growth of Small and Medium Enterprises in Singapore.29 words
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228 1992-01-25 2 SINGAPORE Telecom has launched its $34 million network for second-generation cordless phones that can be used within a 50m to 100 m radius of a base station. This Common Air Interface System network is dubbed Callzone. Telecom has installed 2,500 Callzone base stations228 words
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314 1992-01-25 2 Clarissa Tan - By Clarissa Tan STYLE SINGAPORE, a fashion retail store showcasing the works of 62 local designers and manufacturers, expects its first-year sales to be "$l4 million to $15 million", according to Chia Shi Teck, managing director of Heshe Holdings. Speaking at the314 words
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305 1992-01-25 2 Lee Han Shih - By Lee Han Shih THE LEVEL of vacant office space in Singapore could rise to 13 per cent (from 7 per cent now) by 1994, according to a survey by international property consultant Richard Ellis. In its quarterly regional office305 words
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190 1992-01-25 2 NATIONAL CARRIER Singapore Airlines said yesterday its passenger traffic rose 14 per cent to 3,063.9 million revenue passenger-kilometres last month compared with December 1990. SIA said its capacity last month also grew by IS per cent to 4,191.1 million available seat-kilometres compared with190 words
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238 1992-01-25 2 Rahita Elias - By Rahita Elias THE Mass Rapid Transit (MRT) project, which was completed in 1990 about two years ahead of schedule, cost 19 per cent or $942 million (in 1982 prices) less than its budget of $5 billion. This was disclosed by Communications238 words
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SHIPS IN PORT
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Article483 1992-01-25 2 Vassd Voy No B«rth Arrival Dvparturi U Mt J Umi MM vessel toy no Departure Marina Terminal 1 Aungsanpyint 1/92 M03 alongside 2401/2900 BatanrBaru B122 M04 alongside 25 01/2300 Batam Map *****2 M03 alongsrfe 25 01/2300 Batam Murni *****B M05 alongside 24.01/2000 Batammdo 1 151S MOl alongside483 words
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Article221 1992-01-25 2 Johort Port Berth; J: Barge Kuala Stak ID; 2: ml; 3: Yao Sheng; 4: Singa Sailor;-Jr Equator Emblem; 6: nil. 01 jettr. Guryev. Pulau Irian, Global Eos. OCi: aver Star, Soon Seng. Due Mi Jan 24: Young Chemtcarry, Asif 11. Green Sea. Nur Marirfl} Equator Jewel. Barge221 words
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COMPANY NEWS 1
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374 1992-01-25 3 Colin Tan - Interest centres on lone residential site By Colin Tan SINGAPORE The latest HDB land sale of four parcels three commercial and one residential has attracted nine bids from all the property heavyweights, most of which are listed on the local stock exchange. But374 words
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Article, Illustration490 1992-01-25 3 Sylvia Wong - Orchard Parade is developer of West Bay condominium By Sylvia Wong SINGAPORE Yet another condominium project by the Far East Organisation has got off the ground. This time, it is being developed by Orchard Parade Holdings Ltd, the only listed company in Ng490 words
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Article, Illustration324 1992-01-25 3 Dexter Lee - By Dexter Lee SINGAPORE National carrier Neptune Orient Lines Ltd will take delivery of the third and final feeder containership from Singapore Shipbuilding Engineering Ltd early next month. The vessel is to be christened the Dragon Kalimantan by Mrs Patrick Hays at the324 words
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339 1992-01-25 3 Lilian Ang - By Lilian Ang SINGAPORE The Singapore Petroleum Company (SPC) has entered into joint venture to build a Ss2o million lubricant blending plant, in a move which will take the homegrown oil company into a new realm of business. A brief SPC statement yesterday said339 words
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282 1992-01-25 3 SINGAPORE A senior executive of Guthrie GTS yesterday allayed fears that the development of a megaresort on Bintan would depress the value of apartments, golf and other memberships on Batam. James Lim, executive director of Singapore-listed Guthrie, said the 553.5 billion282 words
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116 1992-01-25 3 SINGAPORE The Stock Exchange of Singapore will delist five Malaysian stocks from Clob International on Feb 3. The five stocks are: ArabMalaysia First Property Trust, CI Holdings Bhd, Kian Joo Factory Bhd, UAC Bhd and Seal Incorporated Bhd. Based on market116 words
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247 1992-01-25 3 SINGAPORE Kesang Corporation Bhd, which went further into the red, intends to make its mark on tourismrelated activities. Kesang reported an operating loss of Ms6.l million (Ss3.B million) for the year to end-June 1991 against a loss of M 52.39 million before. Net loss came247 words
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COMPANY BRIEFS
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53 1992-01-25 3 EON increases stake in Cycle Carriage SINGAPORE Edaran Otomobil Nasional Bhd (EON) on Wednesday acquired 5.66 million Cycle Carriage shares for 5517.5 million by exercising warrants at 553.09 per share. Cycle Carriage said yesterday the transaction brings EON's total shareholding to 37.51 million ordinary shares. The shares will be registered53 words
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Article78 1992-01-25 3 KUALA LUMPUR Malayan United Manufacturing Bhd (MUMB) yesterday announced that it has paid Pan Malaysia Cement Works M 53.22 million (SS 1.98 million) to acquire half the issued and paid-up capital of Intercontinental Properties (ICP). This gives MUMB, which already owns 50 per cent78 words
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Article88 1992-01-25 3 SINGAPORE Khong Guan Flour Milling has returned to the black with a group after-tax profit of $84,000 for the first half ended Oct 31, 1991. The group lost $134,000 in the corresponding period in 1990. First-half turnover dropped 30 per cent to $1.83 million. Extraordinary gains88 words
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Article51 1992-01-25 3 SINGAPORE Gold Coin Ltd yesterday announced that Ong Soon Kiat and Low Seow Chye became directors of the company on Jan 20. Mr Ong will be an executive director responsible for implementing the restructuring of the new Gold Coin, while Mr Low will be a non-executive51 words
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Article85 1992-01-25 3 KUALA LUMPUR Plaza MBf has been valued by profess sional valuers, Knight Frank Baillieu at M$ 132.5 million (5581.4 million) at Dec 31, 1991. Commerce Property Trust Managers Bhd, the manager of First Malaysia Property Trust, said that the open market valuation is equivalent to85 words
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Article69 1992-01-25 3 KUALA LUMPUR Idris Hydraulic (Malaysia) Bhd has informed the Kuala Lumpur Stock Exchange that it has acquired a new subsidiary in Singapore known as idris Investments (S) Pte Ltd. The subsidiary is an investment holding company with an authorised capital of S$ 100,000 of 100,00069 words
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Article31 1992-01-25 3 SINGAPORE Prima Ltd yesterday announced that Goh Kee Song has been appointed as a non-executive director and member of its audit committee. The appointments took effect on Thursday.31 words
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Article94 1992-01-25 3 Corrections clarifications IN YESTERDAY'S BT report on the Sembawang Shipyard group turning Karimun into a mini-Jurong, it was reported that the Singapore-Indonesian consortium is led jointly by Sembawang and the Salim group and that the Bangun Cipta group is a Salim-led consortium. This is incorrect. Sembawang has clarified that the94 words
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COMPANY BRIFFS
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78 1992-01-25 4 SINGAPORE Fletcher Challenge Ltd has formed a jointventure with several US institutional investors to acquire its plantation interests in the Nelson/Marlborough region of New Zealand. The investors will take a 39 per cent stake in the joint-venture for US$B4 million (S$ 137 million)78 words
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Article68 1992-01-25 4 TOKYO Kyocera Corp announced on Wednesday that an affiliated company, AVX/Kyocera (Singapore) Pte Ltd, recently established a wholly owned subsidiary in Indonesia and has begun production of electronic components. The new company, PT AVX/Kyocera (Indonesia), is capitalised at U*****,000 (*****,500). Located in Riau province, it will68 words
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Article60 1992-01-25 4 NEW YORK In an apparent solution to R H Macy Co's overwhelming financial troubles, Laurence A Tisch, chairman and chief executive of Loews and CBS, has offered to buy the tottering retail company. Already a major investor in Macy, Mr Tisch would spend roughly60 words
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Article74 1992-01-25 4 LONDON Lonrho, the international trading group, on Thursday announced the first cut in its final dividend for a decade as pre-tax profits for the year to end Sept 1991 fell by 24 per cent to £207 million (Ss6o9 million). The final dividend has been cut74 words
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Article38 1992-01-25 4 SYDNEY Food and hardware group Burns, Philp Co Lt<J said it intends to buy the US-based Durkee-French spice and seasoning business for US$B6 million (S$ 140.2 million) from Reckitt and Colman pic.38 words
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349 1992-01-25 4 Agencies SYDNEY Australian television and publishing tycoon Kerry Packer plans to raise A 5508.3 million (*****.1 million) by floating 51 per cent of his US unit Valassis Communications Inc, a newspaper report said. The Australian Financial Review said a filing withAgencies - 349 words
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Article, Illustration450 1992-01-25 4 Reuter NEW YORK American Telephone Telegraph Co reported a drop in fourthquarter and 1991 profits on Thursday but said its long-distance and financial service businesses remain strong. A top executive at the telephone giant predicted AT&T would have higher earnings in 1992.Reuter - 450 words
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352 1992-01-25 4 Credit given to restructuring, strong sales Reuter PHILADELPHIA Computer maker Unisys Corp, which has been struggling with heavy debt and weak sales, on Thursday reported its first quarterly profit in two years. Crediting its restructuring efforts and the strongest US sales inReuter - 352 words
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422 1992-01-25 4 US$ 100 m offer for Seattle Mariners IHT PARIS Japanese business moved again to save another overstretched American enterprise when a consortium of Seattle businessmen led by the video-game maker Nintendo bid US$lOO million (SSI63 million) on Thursday to buy the Seattle Mariners,IHT - 422 words
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496 1992-01-25 4 Reuter CHICAGO, Illinois Caterpillar Inc, weighed down by the recession and labour battles, on Wednesday reported a US$3lB million (SsslB million) loss in the fourth quarter and predicted it will lose more money in the first quarter. Separately,Reuter - 496 words
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Article542 1992-01-25 4 MARKET TALK Up to a dozen firms lining up to tap market this year Reuter WELLINGTON New capital raising looks set to shackle an already cashstrapped New Zealand sharemarket this year, brokers surveyed by New Zealand Press Association said. Up to a dozen companiesReuter - 542 words
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Page 3 Advertisements
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Advertisement396 1992-01-25 3 NATIONAL UNIVERSITY OF SINGAPORE FACULTY OF ARTS SOCIAL SCIENCES MASTER OF SOCIAL SCIENCES IN ECONOMICS Applications are invited for admission to the Master of Social Sciences in Economics programme by course work and dissertation in the academic year 1992 93 commencing 6 July 1992. This full time programme is designed396 words
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Page 4 Advertisements
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Advertisement97 1992-01-25 4 INVESTMENTS IN NEW ZEALAND Business Times SPECIAL FEATURE February 17,1992 x hethemefor Business Times' special feature is "New Zealand Gathering Strength for Recovery". The feature will also coincide with a seminar in Singaporeon investing in New Zealand. Readers can look forward to vital information on business opportunities given by a97 words
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FINANCIAL NEWS
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568 1992-01-25 5 Commercial lending losses of foreign banks top A$ 1.5b AFP SYDNEY The cost to foreign banks of Australia's entrepreneurial collapse has topped Asl.s billion (S$ 1.82 billion) with the decision by Citibank Australia Ltd to clear its books of all bad debt.AFP - 568 words
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Article, Illustration105 1992-01-25 5 SINGAPORE MORE than a thousand people turned up to toast the Bank of China on the 80th anniversary of its founding yesterday. Among the guests at the cocktail in the Mandarin Hotel here were: (from left) Chinas Ambassador Zhang Qing; Sembawang Group's chief executive officer105 words
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Article, Illustration556 1992-01-25 5 DBS Bank weekly currency review US$/MARK: Bullish trend intact The US dollar's bullish trend was rudely interrupted when it fell 470 points from 1.6350 to 1.5880 on Jan 17. Thereafter, trading was mostly confined within the range of 1.5790 to 1.6000 for the early556 words
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297 1992-01-25 5 Reuter NEW YORK A US judge on Thursday dismissed a challenge to the record US$55O million (Ss9o2 million) settlement of claims from around the world against the collapsed Bank of Credit and Commerce International. "This court will not sanction any interference in thisReuter - 297 words
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298 1992-01-25 5 Reuter TOKYO Nui Onoue, the woman at the heart of Japan's biggest loan fraud case, pleaded guilty to defrauding several financial institutions of 269 billion yen (553.5 billion) worth of securities, a spokesman at the Osaka District Court said. Onoue, anReuter - 298 words
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308 1992-01-25 5 Reuter LONDON Lloyd's of London, the world's biggest insurance market, sought on Thursday to defuse a row over its response to proposals for reforming the way it operates. It said it would consider changes to its governing structure in the same way asReuter - 308 words
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SMALL CHANGE
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93 1992-01-25 5 WASHINGTON The US government may opt out of an accord on banking being negotiated with 107 countries unless American banks get more freedom to do business abroad, a Treasury official said. Olin TWethington, assistant Treasury secretary for international affairs, said US negotiators93 words
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117 1992-01-25 5 J TOKYO China's Tianjin International Trust and Invest-, ment Corp (Titic) will offer 10 billion of 6.5 per cent fiveyear samurai bonds priced at 100.65 yen (551.33), lead manager Nikko Securities Co said. Signing will be on Jan 30 and payment is due on117 words
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Article78 1992-01-25 5 WASHINGTON The Securities and Exchange Commission, the Treasury Department and the Federal Reserve on. Wednesday presented Congress with sweeping reform plans for the US$2 trillion (553.2 trillion) government securities market. The reforms include a provision to reopen Treasury! auctions and sell additional notes or78 words
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135 1992-01-25 5 MELBOURNE National Australia Bank Ltd's results for the first quarter of the year to Sep 30 are within expectations, chairman Sir Rupert Clarke said. "The group's performance; for the first quarter of the current year was within ouY expectations although we expect operating conditions to re-,135 words
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118 1992-01-25 5 ATHENS An Athens court on Thursday sentenced to five years in prison a banker whose allegations of wrongdoing' brought down the socialist government of former prime minister Andreas Papandreou. George Koskotas was given the 1 jail sentence for falsifying documents to make it appear118 words
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266 1992-01-25 5 Reuter TOKYO A spokesman for Japan's giant Norinchukin Bank Ltd denied a report that funds it had lent to a firm at the centre of the scandal were then improperly funnelled into the stock market. The daily Mainichi Shimbun reported yesterday that aboutReuter - 266 words
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Page 5 Advertisements
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Advertisement134 1992-01-25 5 The incredibly desirable 1892 Ericsson antique phone Resuscitated for this promotion only this fully working unit is no longer in production There s a paltry 80 available m Singapore so its value is bound to appreciate Will R»BE ANTIQUES. (IN OUR COLLECTIBLES COMPETITION] All you have to do is purchase134 words
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THE REGION
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NOTE BOOK
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91 1992-01-25 6 JAKARTA Trade between Indonesia and Taiwan hit a record US$2.5 billion (about Ss4.l billion) in 1991, the director of the Taipei Economic and Trade Office in Jakarta, David Tzou, said yesterday. The figure was up 333 per cent from US$749 million in 1986 and made91 words
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Article84 1992-01-25 6 CANBERRA Australian investments in Hongkong will be protected after 1997 under an agreement negotiated in Canberra this week, a senior minister said yesterday. Robert Ray, acting for Foreign Affairs and Trade Minister Gareth Evans, said the agreement initialled by Australia and Hongkong was to84 words
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Article51 1992-01-25 6 PENGKALAN HULU, Perak The 23km-long PerakThailand security border fence will be extended by 15km to further curb smuggling, Perak Menteri Besar Tan Sri Ramli Ngah Talib said yesterday. The Ms3o million (SslB million) extension would be built in areas identified as popular routes used by51 words
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Article91 1992-01-25 6 KUALA LUMPUR Former Communist Party of Malaya leader Chin Peng will have to follow the democratic legal process to return to this country and set up a political party in Malaysia, Deputy Prime Minister Ghafar Baba said yesterday. "We will have to see the91 words
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Article68 1992-01-25 6 JAKARTA The Indonesian government will deploy as many as 3.5 million civilian defence officers to safeguard upcoming legislative election campaigns, a Cabinet minister said yesterday. Coordinating Minister for Political and Security Affairs Sudomo said civilian security officers, or neighbourhood security, would protect voters. "Voters will68 words
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Article63 1992-01-25 6 BANGKOK A Thai minister has condemned sex tours and urged foreign countries to help combat the industry which over the past decade has become synonymous with the country. Comparing sex tours in Aids-infested Thailand to ft Japanese kamikaze mission, Meechai Viravaidhya, a minister attached to63 words
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272 1992-01-25 6 Investors can set up new plants without 80l approval BANGKOK The Thai Board of Investment (Bol) has announced the liberalisation, of investment in three sectors within the petrochemical industry, according to a report in The Nation. The new policy is designed to272 words
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Article, Illustration405 1992-01-25 6 Rahita Elias - SMA also helping members to set up shop at mega-store 8* Rahita Elias SINGAPORE Three Singapore firms have made a preliminary commitment to take up space at Osaka's Asia and Pacific Trade Centre (ATC) a commercial mega-complex similar to405 words
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Article199 1992-01-25 6 SINGAPORE Trade between Singapore and Osaka grew about 22 per cent in 1990, according to the latest figures from the Japanese prefecture. During that year, exports from Osaka to Singapore amounted to $5 billion, or about 5 per cent of the prefecture's total exports. Imports from199 words
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205 1992-01-25 6 Bernama KUALA LUMPUR Langkawi is destined to become the Riviera of the Pacific in the next five years, according to a US lifestyle magazine publisher. The publisher of Califor-nia-based Prestige magazine, Dr S E Elia, said his analysis was based on the type ofBernama - 205 words
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382 1992-01-25 6 Reuter MANILA The Philippine Congress is mov ing to restore a provision in the 1992 national budget limiting foreign debt payments, overturning President Corazon Aquino's veto. Reimposition of the clause restricting servicing and repayment of the country's US$29 billion (about Ss4B billion) externalReuter - 382 words
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246 1992-01-25 6 AP MANILA Wealthy Chi-nese-Filipino businessmen have urged the national police to purge its ranks and crack down on a wave of kidnappings which have plagued their community. The Manila Times yesterday quoted sources in the 70,000-strong Chinese community as saying representatives called on nationalAP - 246 words
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385 1992-01-25 6 Reuter WELLINGTON Booming exports revealed in trade data published yesterday suggested New Zealand might have a glimpse of the end of its deep five-year recession. "It provides more evidence of recovery being led by the external sector," said Finance Minister RuthReuter - 385 words
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Article, Illustration519 1992-01-25 6 Keating putting together grand package of govt spending Reuter SYDNEY The faint signs of recovery shown by Australia's economy are far too feeble to satisfy Prime Minister Paul Keating, who trails in opinion polls and who must face an election by July next year.Reuter - 519 words
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Page 6 Advertisements
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Advertisement163 1992-01-25 6 Contemporaiy Chinese Art Exhibition Ceramics Paintings Tapestries Decorative Arts m -V *5 •<** Date 24/1/92 26/1/92 (11am 9pm) Venue: Mandarin Hotel (South Wing) sth floor Jointly Presented By: The Central Academy of Arts Design of China Hua Shi Oriental Art Re Ltd of Singapore THE UNIQUE ART OF TAPESTRY: For163 words
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THE WORLD
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427 1992-01-25 7 Reuter WASHINGTON An international conference on aid to former Soviet republics ended on Thursday with the announcement of a US plan for an urgent food and medicine airlift and blueprints for further action in these and other critical areas. Although the conferenceReuter - 427 words
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Article, Illustration653 1992-01-25 7 Most of China's powerful leaders hardly ever seen in public these days NYT BEIJING With China's octogenarian leaders now at least as fragile as they are powerful, the whispers in Beijing these days are of tracheotomies and cancer and eventually funerals. There areNYT - 653 words
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Article, Illustration630 1992-01-25 7 FT BEIJING With speculation continuing about China's future leadership after elder statesman Deng Xiaoping and other ageing officials pass from the political scene, more and more attention is being focused on two men who have emerged as the country's "economic tsars". Vice-premiers Zhu Rongji, widelyFT - 630 words
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Article, Illustration33 1992-01-25 7 WASHINGTON US President George Bush heading a soccer ball given to him by the US Women's Soccer Team, winners of the World Cup, on Thursday during a White House ceremony33 words
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428 1992-01-25 7 Agencies WASHINGTON Maybe it was US President George Bush's mixed success in Japan, or the Japanese official who said that American car workers were lazy and illiterate. Maybe it is the deep slump in Detroit. But all of a sudden, companies andAgencies - 428 words
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WORLD WATCH
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104 1992-01-25 7 TOKYO Prime Minister Kiichi Miyazawa broke a de-, cades-long taboo and offered an apology of sorts yesterday to Japan's Asian neighbours for his country's wartime misdeeds, Mr Miyazawa became the first Japanese leader to admit in a policy speech before parliament that Japan104 words
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Article66 1992-01-25 7 BERLIN More than two million claims have been filed by people seeking to recover property in eastern Germany, creating a bureaucratic nightmare that is hindering investment in the depressed region, officials said on Thursday. The Federal Office for the Settlement of Property Issues said 1.1 million66 words
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Article61 1992-01-25 7 HONGKONG China's machinery exports rose than 27 per cent last year, the semi-official Hongkong China News Service reported here yesterday. Exports of all. kinds of electric and motor machineries rose more than 27 per cent to US$l4.l billion (5523.1 billion) in 1991, tl\eagency said. Guangdong accounted61 words
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Article75 1992-01-25 7 WASHINGTON The US government posted a U552.64 billion deficit in December, the smallest in six months arid 6.4 per cent less than the gap a year ago, the Treasury Department said on Thursday. Economist Kathleen §te-. phansen of Donaldson, Lufkin and Jenrette, a New Yoi*k securities75 words
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Article46 1992-01-25 7 CARACAS The Venezuelan government is considering privatising its money-losing steel and aluminum companies and could put them up for sale as early as next yeaf,d senior government official said in an interview. The compa*nies could fetch a total of at least US$5 billion.46 words
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276 1992-01-25 7 AFP WASHINGTON Hopes that Latin America's economies would improve this year evaporated with the US recession and slow growth in other industrialised countries, the World Bank's chief economist said this week. Without the United States, there is no drive to pull the worldAFP - 276 words
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681 1992-01-25 7 Critics say they are built in earthquake-prone areas AP NEW DELHI In quest of power for industrial development and more food for its 850 million people, India is building nuclear plants and huge dams in areas subject to severe earthquakes. The government insistsAP - 681 words
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STOCK EXCHANGE OF SINGAPORE 1
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Article, Illustration867 1992-01-25 8 Dexter Lee - By Dexter Lee THE STOCK market took a breather yesterday as most market players remained sidelined while others squared their positions ahead of the weekend. Dealers said profit-taking early in the day took the wind out of the market's slow but steady climb867 words
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Article, Illustration65 1992-01-25 8 Chew Eng Han - By Chew Eng Han Comment SIME DARBY has almost reached the target of $2.6S and a retrace men t is occurring now. If support at $2.47-$2.50 holds, another rally towards $2.70-$2.72 is possible. Suggest using any future rallies to take profits, as daily and weekly stochastics are atSOURCE: PONT DATA - 65 words
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Article203 1992-01-25 9 I CpCWn M uo,ed to* a 0" a)ue of SI and traded m lots of 1.000 shares each LLUCImJ unless otherwise specified ABN shares quoted in dolars Information on Nasdaq stocks, other than that given above, was not available Currency traded SJ unless otherwise specified203 words
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Advertisement10 1992-01-25 9 ASIAN AEROSPACE 92' A special BT Supplement Feb 25, 199210 words
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Article124 1992-01-25 10 I rpCMTI M quoted have a P 3 "k* ot J! and traded m lots of 1.000 shares each LLULIIU unless otherwise specified ABN shares quoted m dollars Information on Nasdaq stocks other than that given above was not avariable Currency traded S$ unless otherwise124 words
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Page 10 Advertisements
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Advertisement25 1992-01-25 10 SPH Shine Company Research The smart addition to your research department is only a phone call away Telephone: *****63, *****66, *****89 mmm w i i25 words
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KUALA LUMPUR STOCK EXCHANGE
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Article, Illustration491 1992-01-25 11 Bernama MBT LIQUIDATION in view of the weaker overseas leads took share prices to a lower close yesterday in thin trading. The KLSE Composite Index at the close dropped 2.86 points to 568.78. The Industrial Index was 6.32 points down to 1,097.35.Bernama; MBT - 491 words
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STOCK EXCHANGE OF THAILAND
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Article, Illustration144 1992-01-25 12 Reuter FINANCE and property issues dominated trading in the Stoek Exchange of Thailand yesterday in record turnover. The SET index ended 1.37 points higher at 781.63 on turnover of 12.59 billion baht, the highest in the 16-year history of the Stock Exchange of Thailand.Reuter; SOURCE: PONT DATA - 144 words
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JAKARTA STOCK EXCHANGE
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Article277 1992-01-25 12 THE Jakarta stock market maintained its upward curve, trading more than six million shares in the half-day session held yesterday. At the close, the index stood at 258.05, up 1.48 points. The main activity was in block trade, which trades shares in lots of 200,000. Tjiwi277 words
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Page 12 Advertisements
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Advertisement9 1992-01-25 12 Don't miss Executive Jobs in Business Times every Saturday9 words
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Advertisement33 1992-01-25 12 s» i m v < at* Is? *:'V i Braini ;>> t'S > 1 '■£--4 ,IV v < ;.'■> mam ■0, r »f V •>> >■ /V I v >- mm "&V y■ >, > -p® T iMilriliWi >y mm* :> W :-f. 3 ■>:33 words
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TOKYO STOCK EXCHANGE
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Article, Illustration368 1992-01-25 13 Reuter STOCKS closed sharply lower yesterday in thin trade after two days of gains. Futures-linked selling and profit-taking sliced prices while investors sat on their hands, disappointed the rally had fizzled out and worried about excess supply and political scandals, brokers said. The 225-shareReuter - 368 words
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STOCK EXCHANGE OF HONGKONG
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Article, Illustration233 1992-01-25 13 AFP, AP SHARE prices on the Hongkong stock exchange closed lower in active trading yesterday. The Hang Seng Index, the market's key indicator of blue chips, lost 25.76 points, closing at 4,600.08. Turnover amounted to HK53.02l billion, down from Thursday's HK53.518 billion. Brokers attributedAFP,; AP - 233 words
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AUSTRALIAN STOCK EXCHANGE
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419 1992-01-25 14 Reuter NERVOUSNESS and uncertainty sparked by falls on overseas markets drove Australian stocks steadily downwards, with the bond market leading the way. "The bond market went crazy today, and concern about its volatility went through to equities," said one broker. Broker David PerryReuter - 419 words
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REGIONAL STOCK MARKETS
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Taiwan index breaks 5,200-point barrier
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Article157 1992-01-25 14 THE TAIWAN stock index closed above the 5,200-point barrier yesterday as bullish sentiment was buoyed by expectations of imminent cuts in oil prices and a reduction in stock transaction taxes. The weighted index rose 121.59 points to end at 5,243.60, the highest finish since the 5,283.19 close last July157 words
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Article122 1992-01-25 14 SHARE prices on the Korea Stock Exchange finished lower in active trading yesterday as investors turned to profit- taking following two days of strong rallies. The composite index of the exchange, which jumped 21.19 points to 667.47 for a 3.3 per cent gain in value on Thursday, shed 9.43122 words
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Article199 1992-01-25 14 THE New Zealand share market yesterday bucked trends set on Wall Street, Sydney and Tokyo to close higher. The local market opened weaker and was down around eight points at noon but brokers said for no particularly reason other than a surplus of buyers, it turned around with199 words
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Article54 1992-01-25 14 INDICES TURNOVER Cloae Prtiicw Jan 24 NEW ZEALAND NZSE-40 Capital 1.841.34 1.476.16 5.18 Turnover (NZSmillion) 17.5 34.15 -16.65 mm Composite Index unav 1,281.31 Turnover (billion) unav 1.7 TAIPEI Weighted Price Index 5.243.60 5.122.01 121.59 I Turnover (NTS billion* 54.65 54.5 +0.15 SEOUL Composite Stock Index 658.04 667.47 -9.43 Turnover (billion54 words
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Page 14 Advertisements
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Advertisement7 1992-01-25 14 The Manila market report was not available.7 words
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WORLD STOCK MARKETS
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Poor corporate reports send Dow down
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Article, Illustration366 1992-01-25 15 BLUE-CHIP stocks fell sharply on Thursday in heavy trading, almost erasing Wednesday's gains, while the broader market was mixed. Investors grew cautious, analysts said, as many earnings reports failed to justify the market's current lofty levels, and a weak bond market failed to offer support. The Dow Jones366 words
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Article, Illustration492 1992-01-25 15 SHARE prices recouped some lost ground on Thursday, traders ascribing it mainly to the continuing buoyancy of overseas markets. At the close, the blue-chip Financial Times stock exchange 100-share index stood at 2,525.3, up 3.3. The narrower Financial Times 30 index was up 2.6 points to 1,963.5. But the492 words
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Article86 1992-01-25 15 THE STOCK market enjoyed an uptrend at the start on Thursday, but proved unable to hold the gain as the DAX spot trend index closed at 1,669.57 points, off 10.53 from the Wednesday close. The Commerzbank shed 12.70 points to end at 1,925.10 points. Operators said the Thursday session86 words
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Article121 1992-01-25 15 AFTER starting firmer, shares ebbed back all day, finishing lower as activity dwindled ahead of this weekend's G-7 meeting, dealers said. The EOE Index fell 0.88 to 293.22, having been as high as 295.14 initially. A consolidation is seen imminent, delaying a push to the 300 level for a121 words
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Article164 1992-01-25 15 The bourse ended a hesitant session on Thursday with a small loss, as the CAC--40 stock price index closed at 1,838.69 points, down by 0.14 per cent by comparison with the Wednesday close. It was the next-to-last day of the January trading month and trading was quiet, in the164 words
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Article72 1992-01-25 15 SHARES lost early gains to close a moderate session steady on Thursday, with Wall Street's mixed opening and Frankfurt's lower close depressing market sentiment, brokers said. The all-share SPI index closed up 1.3 points to 1,112.5, while the SMI index of leading shares eased 3.4 to 1,751.2. "Trade was72 words
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Article143 1992-01-25 15 Prices on the bourse closed broadly up on Thursday, but below the day's highs, in active trade following advances in New York and in reaction to an unexpected decline Swedish consumer prices, dealers said. The bourse general index rose 0.81 per cent to 974.35 in turnover of 594 million143 words
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Article249 1992-01-25 15 LATE profit-taking on Thursday in blue chip industrials sent the bourse off its high at the close in active trading worth an unusually high 1.49 billion francs of Belgian shares on the forward market. The Bel-20 index of leading shares closed at 1,183.63 points, down from its 1,189.23 intra-day249 words
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Article98 1992-01-25 15 THE STOCK market closed mostly easier on Thursday as interest waned in the afternoon in the absence of fresh direction, dealers said. Gold shares lost ground after a firm start as world gold prices slid toward US$355 an ounce on subdued markets, they said, while industrials closed mixed to98 words
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Article191 1992-01-25 15 A LATE round of profit-taking sent stocks to their lowest point of the day on Thursday, erasing nearly all of Wednesday's gains, dealers said. Gold shares led the sellofT after strength in the US dollar weakened Comex bullion futures, they added. "The feature of the day was the Canadian191 words
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Article76 1992-01-25 15 Milan Jan 23 lire Assitalia 9050 f 290 Bastogi 165 Fiat 5215 135 CJcnerali ***** 660 Ifi Priv ***** f 450 Italcementi ***** -300 i taigas 3481 -14 Magnet i 760 t II Magnet i Risp 772 -I Mediobanca ***** 430 Montedison 1345 33 Olivetti 2765 f 56 Olivetti Priv76 words
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Article44 1992-01-25 15 Vienna Jan 21 Asch Akg Molding 2600 20 Bank Austria (P) 500 3 E Allgem (P) 2410 30 Jungbunzl 9950 50 Lenzing 991 4 Leykam 360 Montana j Oesterr Brau 3680 -20 Semperit 98 Steyr 250 3 Veitschcr 298 2 Source: Z-Landerbank Bank Austria44 words
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Article81 1992-01-25 15 INDICES TURNOVER NEW YORK (W Previous Jan 23 l>ow Jones SAP 500 Turnover (million) 3.226.74 414 96 234.6 3.255.81 418.13 228.1 -29.07 -3.17 +6.5 LONDON Financial Times .10 FISE 100 Turnover (million) 1.963.5 2.525.3 575.4 1.960.9 2,522.0 515 6 f 2.6 *3.3 59.8 FRANKFURT DAX Index 1.669 57 1.680 1081 words
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Page 15 Advertisements
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Advertisement15 1992-01-25 15 The market report for Milan was not available. Executive Jobs every Saturday in Business Times15 words
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CURRENCY, MONEY & FUTURES MARKETS
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1148 1992-01-25 16 REPORTS Reuter ASIA Sydney: The Australian dollar plunged more than 70 points on Asian selling yesterday despite Reserve Bank of Australia (RBA) buying but closed off its lows, dealers said. It finished at U550.7388/93 compared with the opening of U550.7435/40Reuter - 1,148 words
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Article212 1992-01-25 16 Cross rates Jan 24 USS SS MS Dm Yen SFr AS NZS uss 1.6370 2.6830 1.6090 124.20 0.5615 1.4280 1.3432 1.8484 ss 0.6109 1.6390 0.9829 75.8705 0.3430 0.8723 0.8205 1.1292 MS 0.3727 0.61 0.5997 46.2915 0.2093 0.5322 0.5006 0.6889 Dm 0.6215 1.0174 1.6675 77.19 0.3490 0.8875 0.8348212 words
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Article42 1992-01-25 16 Rates quoted by Astley Pearce Rates quoted by NatWest I Note Based on latest issues Source: The Monetary Authority of Singapore 8 entriil hank discinint rate\ 6 Average of 12 banks. Hoal Source: National Westminster Bank Source: National Westminster Bank42 words
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332 1992-01-25 16 Reuter NEW YORK French banking giant Societe Generale has found a way to combine America's obsession with the Super Bowl and its mania for business: a football options market. The market an elaborate game meant to showcase the bank's expertiseReuter - 332 words
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312 1992-01-25 16 NYT TOKYO Traders in Kabutocho, Japan's Wall Street, are blaming futures trading of stock price indexes for the recent sluggishness of the Tokyo Stock Exchange (TSE). Tokyo traders complain that computer-programmed arbitrage trading aimed at gaining profits from the difference between prices in futuresNYT - 312 words
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Article17 1992-01-25 16 Note: Volume and open interest are for previous day trading. Source: Singapore International Monetary Exchange17 words
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Page 16 Advertisements
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Advertisement6 1992-01-25 16 Chartpoint in Business Times every Saturday6 words
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COMMODITIES
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381 1992-01-25 17 Reuter LONDON The decline in world crude oil prices seen since the middle of November has lost momentum over the last fortnight, but there is only a slight chance of a significant recovery, chart analysts said. "You have a downtrend which isReuter - 381 words
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294 1992-01-25 17 Reuter CANBERRA Australia's economy could be badly hit by lower coal demand due to major world-wide cuts in gas emissions to check global warming, an industry report says. Australia, supplier of 30 per cent of world coal imports, would benefit substantiallyReuter - 294 words
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818 1992-01-25 17 REPORTS RUBBER prices closed steady yesterday after quiet two-way trading, dealers said. They said RSS-1 prices hovered in a half-cent range, falling in morning trade on profit-taking and some speculative selling. But prices recovered in the afternoon on short-covering ahead of the G-7818 words
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Page 17 Advertisements
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Advertisement7 1992-01-25 17 Enterprise Management in Business Times every Monday7 words
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Advertisement532 1992-01-25 17 THE ATLAS ICE COMPANY, BERHAD (Incorporated In Malaysia) NOTICE OF EXTRAORDINARY GENERAL MEETING NOTICE IS HEREBY GIVEN That an Extraordinary General Meeting of the Company will be held at No. 22 (Upper floor of No. 20), Jalan Hang Jebat, ***** Melaka on Wednesday, 19 February 1992 at 11.30 am. for532 words
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Advertisement83 1992-01-25 17 VISTA SHIPPING PTE LTD (In Members' Voluntary Liquidation) NOTICE IS HEREBY GIVEN pursuant to Section 308(2) ot the Companies Act. Cap 50 that the Final Meeting of the members of the above-named Company will be held at 460 Alexandra Road. PSA Building, #25-04. Singapore 0511 on 25 February 1992 at83 words
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479 1992-01-25 18 Agencies WASHINGTON Finance ministers and central bank governors from seven major industrialised countries will meet near New York today to try to devise a joint strategy to bolster the world's faltering economic recovery. The meeting comes at a particularly dismal timeAgencies - 479 words
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199 1992-01-25 18 Reuter WASHINGTON US Trade Representative Carla Hills indicated on Thursday she might retaliate against Japan if it did not fulfil its pledge to buy more American car parts. She said that while the pledge by Japan's car companiesReuter - 199 words
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377 1992-01-25 18 Agencies MOSCOW President Boris Yeltsin on Thursday suspended all import restrictions and declared Russia open to foreign investment. A government resolution said customs tariffs were suspended with effect from January 15. A new customs regime would be drawn up, with a view to introduction onAgencies - 377 words
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392 1992-01-25 18 Reuter BEIJING China opened full diplomatic ties with Israel yesterday, paving the way for Beijing to play an important role in advancing Middle East peace. Israeli Foreign Minister David Levy and his Chinese counterpart signed the agreement at Beijing's elaborate Diaoyutai state guesthouse settingReuter - 392 words
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499 1992-01-25 18 Fourth Asean Summit SINGAPORE Despite initial problems faced by ministers in adjusting Asean to the new global security scenario, the Fourth Asean Summit to begin on Monday appears set to achieve its target of achieving an integrated regional economy in the new decade.499 words
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364 1992-01-25 18 SINGAPORE While Asean has started to discuss regional security concerns, the six member-states will remain a non-defence grouping. "Asean is not a defence organisation. It's not intended to be one and I don't think it will be a defence organisation,"364 words
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447 1992-01-25 18 Concept has both economic and political implications: ministers SINGAPORE Asean economic and foreign ministers yesterday reached consensus to further study and elaborate on Malaysia's East Asian Economic Caucus (EAEC) concept and take the concept to its next step forward. This agreement ended speculation over447 words
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Article, Illustration151 1992-01-25 18 SINGAPORE Thai Prime Minister A rand Panyarachun arrived yesterday evening to attend the Asean summit which begins next Monday. The first Asean head of government to turn up for the summit, Mr Anand was greeted on arrival by Prime Minister Gob Chok Tong.151 words
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383 1992-01-25 18 SINGAPORE Pakistan, in search of ways to improve its trade links with East Asia, is looking to participate in Asean and the wider Asia Pacific Economic Cooperation (Apec) grouping. The South Asian country's Minister of State for Economic Affairs, Sardar Aseff Ahmed Ali, told383 words
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272 1992-01-25 18 Reuter WASHINGTON US President George Bush may propose dramatic new missile cuts next week that would take a lot of bang out of the world's nuclear arsenals, according to administration officials. They said on Thursday that he could announce in aReuter - 272 words
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Page 18 Advertisements
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Advertisement16 1992-01-25 18 CHARTPOINT Every Saturday in Business Times Americans rally behind call to buy US goods, Pg 716 words
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Advertisement9 1992-01-25 18 US to airlift supplies to exSoviet republics, Pg 79 words
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Advertisement25 1992-01-25 18 CHARTPOINT Every Saturday in Business Times Summit reports by Yang Razali kassim, Kenneth James, Loh Hui Yin, Chuang Peck Ming, Harish Mehta and Shoeb Kagda25 words
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Executive Lifestyle
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Article, Illustration1277 1992-01-25 19 Nirmal Ghosh - There is more information about nutrition in the market than there are people who understand it. Nirmal Ghosh looks for light at the end of the wholewheat trail Nirmal Ghosh WHEN it comes to nutrition, there are two problems. First, Real Singaporeans don't eat health1,277 words
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STRAWS IN THE WIND
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Article55 1992-01-25 19 A BUNCH of Singapore academics went up to Bangkok the other day for a conference. After checking in, they had a couple of hours before the conference began. So in true Singapore fashion, they headed for the shops. Top item on their shopping list? Packets of chewing gum.55 words
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Article102 1992-01-25 19 PROFESSOR Chan Heng Chee, giving the keynote address at the Singapore Association dinner, was at pains to assure Jakarta expatriates that the Singapore International Foundation offered support and advice, but certainly not Government control, to Singaporeans abroad. Among the SlF's ways of helping are Mandarin lessons for expatriates'102 words
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Article75 1992-01-25 19 IF YOU want to make quick forex gains, fly to India and convert US dollars for Sing dollars. At Indian airports, according to some Indian tourists, the exchange rate is USsloo=SslB9, compared with about US$ 100=S$ 160 at Changi Airport. Buy US$lOO here, sell it in India, and75 words
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OPINIONS
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Article, Illustration766 1992-01-25 20 Shoeb Kagda - Islamic fundamentalism is rearing its head once again, this time in Algeria. This ideology can be overcome by market-oriented policies, says Shoeb Kagda Shoeb Kagda The writer is a BT journalist A COLD WIND is blowing through the Mediterranean countries, both north and south of766 words
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Article, Illustration1096 1992-01-25 20 Nirmal Ghosh - Promoters of ecotourism have to square their trade with the natural resources on which they depend for a living, writes Nirmal Ghosh Nirmal Ghosh The writer is a BT journalist AT A recent conference on adventure travel and ecotourism, organised by the Pacific1,096 words
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Article421 1992-01-25 20 C B Ong - LETTER TO THE EDITOR C B Ong The writer was a former manager of an international airline and now provides consultancy services to the travel and air cargo industry I REFER to Sree Kumar's Bottomline column of Jan 21. Although I am no apologist for421 words
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SPORTS
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Article, Illustration896 1992-01-25 21 Australian Open AFP MELBOURNE, Australia After a series of upsets, on and off the court, the 1992 Australian Open has shaken out to a final between the world's top two men tennis players: Stefan Edberg and Jim Courier. Edberg gave a magisterial display of hisAFP - 896 words
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Article, Illustration456 1992-01-25 21 Reuter DAKAR Ghana captain and African Footballer of the Year Abedi Pele was left in tears on Thursday when he was ruled out of their African Nations' Cup final against Ivory Coast. Pele, who scored a spectacular 44th minute headed goal in Ghana's 2-1Reuter - 456 words
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SIDE LINES
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89 1992-01-25 21 SAN DIEGO, California Dennis Conner took out his frustrations on America 3 president Bill Koch here on Thursday, trouncing him in the eighth race of the America's Cup defender series. Conner, whose boat Stars and Stripes lost for the third time on Wednesday to89 words
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Article95 1992-01-25 21 DIDCOT, England Nigel Mansell has been told to lose weight as the Williams motor racing team prepare for their assault on the 1992 Formula One world championship. Team owner Frank Williams said at a news conference at his headquarters on Thursday that he wanted Mansell,95 words
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Article95 1992-01-25 21 MEXICO CITY The International Amateur Athletics Federation (lAAF) said on Thursday it was eager to have South African athletes back on the track in time for the Barcelona Olympics, but only if stringent conditions were met. "We hope that South African athletes will be able95 words
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Article66 1992-01-25 21 BEIJING Beijing, setting its sights on playing host to the 2000 Summer Olympics, has unveiled a set of ambitious construction projects aimed at boosting the city's bid. The Beijing Olympic Bidding Committee has plans to build a 100,000-seat stadium, an indoor cycling velodrome, an aquatic sports66 words
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Article70 1992-01-25 21 MEXICO CITY Cuban officials reassured the International Amateur Athletic Association (lAAF) here on Thursday that their country would be ready to host the World Cup of Athletics later this year. In a report delivered to the lAAF council meeting here this week, Cuban sports officials70 words
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Article97 1992-01-25 21 PHOENIX, Arizona Brad Fabel lit up the back nine here on Thursday to grab a share of the lead after the frost-short-ened first round of the Phoenix Open. Fabel, who finished "his round in near darkness, birdied his final holes on the TPC at Scottsdale course97 words
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539 1992-01-25 21 Reuter HANOI Vietnam's part-time footballers, so poor they can barely afford boots, arc competing in the World Cup for the first time. Their far-off goal is a placc in the 1994 finals in the US, which fought and lost a brutal, bloody warReuter - 539 words
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811 1992-01-25 21 Reuter TWINEHAM, England The name of Ovett, so evocative in Britain of former athletic glories, may sound odd when listed among the ranks of Olympic no-hopers. But that is where it will be at the 1992 Winter Games. Steve Ovett had hisReuter - 811 words
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405 1992-01-25 21 AP GARMISCH-PARTENKIR-CHEN, Germany A new technique and a Finnish teenager are revolutionising ski jumping in this Olympic season. The new wave is led by Toni Nieminen, the 16-year-old sensation from the Finnish ski jumping mecca of Lahti. Nieminen has taken over theAP - 405 words
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EPICURE
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Article, Illustration646 1992-01-25 22 Quek Swee Peng - Quek Swee Peng samples Wolfgang Lapper's Continental offerings at Zouk, the restaurant on the river Quek Swee Peng The sun rays penetrate the skin the moment you step out of your car. It's a hot day, no doubt. But there's a breeze that persistently pursues you as646 words
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LIFESTYLE
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Article, Illustration710 1992-01-25 23 Jason Goh - Robin Williams has awakened from the Dead Poet's Society as Peter Pan in Hook. Jason Goh goes to the movie and finds out he is now a lawyer. Jason Goh MORK, the alien of the 1970'5, as Peter Pan in green, lycra tights in the 1990'5?710 words
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Article, Illustration195 1992-01-25 23 Sybil Holloway - BRIDGE ByS: Sybil Holloway Karen McCaiiium achieved a feat of an endplay and squeeze on the same trick playing this deal from the Life Masters Pairs in the North American Bridge Championships in Las Vegas. Dealer North N/S game Karen was in195 words
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Article, Illustration947 1992-01-25 23 N K Yong - WINE By N K Yong WE WERE HAVING breakfast in Shangri-La's Waterfall Cafe on a clear sunny and cool morning, and Olivier Humbrecht, M W was explaining his philosophy for the allocation of his precious wines, while his Scottish wife Margaret gave their little oneyear947 words
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PURSUITS 1
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Article, Illustration754 1992-01-25 24 Salil Tripathi - Food matters a lot to J Inder Singh Kalra. Salil Tripathi meets the man responsible for the revival of Dum-Pukht cuisine in India Salil Tripathi ONE MAN's food is this man's passion. If some of us are lucky in being able to like what we do. there are754 words
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Article, Illustration198 1992-01-25 24 Salil Tripathi - Salil Tripathi is dazzled by the Indian gems on display at the Hyatt Salil Tripathi IF YOU're headed for the Hyatt today, go with your wallets full. The Indian gems on display there, set to exacting precision by Indian craftsmen, are an eye-opener, with prices ranging from198 words
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Article, Illustration956 1992-01-25 24 Rajendra Bajpai - A recent advertising campaign in India is making good headway in penetrating an otherwise unreceptive market. Rajendra Bajpai files this report from New Delhi Rajendra Bajpai IN INDIA'S major metropolitan cities, streetside hoardings show a man and a woman in a tight hug. The caption says: "For the956 words
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Article, Illustration700 1992-01-25 25 Susan Tsang - Martin Loh's watercolours pay homage to a distinctive cultural heritage. They also cast a nostalgic look at a way of life where happiness was often to be found in the home. Susan Tsang reviews the exhibition Susan Tsang An exhibition now on at the Substation explores an aspect700 words
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Article, Illustration1161 1992-01-25 25 Nirmal Ghosh - Nirmal Ghosh reports on the status of Asian rhinos which are among the rarest mammals in the world Nirmal Ghosh TALL, craggy, amazingly fit despite middle age, Dieter Plaage, pioneer of natural history film-making, explains that it took him 14 months of trudging through often shin-deep1,161 words
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Article, Illustration429 1992-01-25 25 Nirmal Ghosh - Research shows some unwelcome trends in Singaporean eating habits. Nirmal Gnosh has the details Nirmal Ghosh RESEARCH is always an intriguing tool, and in the case of food habits it is all the more interesting because it has to do with the daily life of everyone. Some of429 words
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PERSONAL FINANCE & INVESTMENT 1
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Article, Illustration736 1992-01-25 26 Chew Eng Han - Chew Eng Han believes that Tanjong PLC is still a good bet Chew Eng Han Tanjong plc, the new flagship of up-and-coming tycoon Ananda Krishnan, has been in the limelight since it was simultaneously relisted on the Kuala Lumpur and London stockSource: Pont Data - 736 words
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Article, Illustration660 1992-01-25 26 Goh Hiang Fong - CHART By Goh Hiang Fong The writer is head of research Lum Chang pr A QUESTION that is often asked by investors after the market has enjoyed a good run-up is: When do I sell. Interpreted another way, the investor is asking: "How much660 words
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Article, Illustration707 1992-01-25 26 Quak Hiang Whai - Quak Hiang Whai checks out the trend for car loans Quak Hiang Whai Flexibility seems to be the latest catch phrase in the car financing market. Faced with an increasingly sophisticated consumer, banks and finance companies arc now fine-tuning their car loan schcmcs to suit the707 words
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Article, Illustration717 1992-01-25 26 Kooi Cho Teng - The implications of different crossings of a cheque have caused confusion of late. Kooi Cho Teng explains what those crossings mean Kooi Cho Teng MOST people know cheques as a sort of form you fill out to pay your bills or withdraw money. There are717 words
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Article, Illustration1491 1992-01-25 27 Tan Bien Kiat - With the introduction of the depository receipts (DRs) on Clob, much interest has been generated in the market. By using PT Gadjah Tunggal as an example, Tan Bien fcat explains how it works Tan Bien Kiat The writer is a partner and regional director of international1,491 words
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JOBS
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Article, Illustration966 1992-01-25 28 Anna Teo - Are you paying your vital ground and support staff well enough to keep them? Some findings of Hay Management Consultants' latest blue-collar and clerical survey may help you decide. Anna Teo reports Anna Teo WORKERS at least the clerical and blue-collar lot are still calling the966 words
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Article, Illustration816 1992-01-25 28 Japanese corporations still see tasks like making photocopies and serving tea in the office as women's work. The women, in turn, are frustrated about not being taken seriously Asahi THOUGH corporations say they are encouraging women to try to climb the career ladder, many working women inAsahi - 816 words
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Article, Illustration344 1992-01-25 28 Mr Lim Say Beng has been appointed Assistant Director of Information Communication Institute of Singapore (ICIS). He will be assisting Deputy Director Dr Christopher Chia, who is concurrently Director of Research and Development at the Information Technology Institute (ITI), in overseeing the day-to-day operations in ICIS. Mr Lim344 words
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Article364 1992-01-25 29 A]RUNE COOES: Afc Air India (AIC). AY: Fmna* Oy (FIN). AZ: Aktaka (AZA). BA Brush Airways Put*c Ltd Co (BAW). 0G Biman Bangladesh Airtmes (860). B»: Royal Brunei Airlines Ltd (KBA). BR: EVA Airways Corpn. CA: Ar China (CCA). CI: China Arvnes Ltd (CAL), CV: Cargoluj364 words
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THE TRAVEL PAGE
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Article, Illustration463 1992-01-25 29 John Pomfret - LETTER FROM MACAO jmr jar mr jFJFJT Jt By John Pomfret THIS SLEEPY Portuguese outpost where the sizzle of garlic mingles with the jingle of one-armed bandits was once the hatching ground for North Korean plots to blow up a passenger airplane and assassinate South Korean463 words
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Article12 1992-01-25 29 Source: Republic National Bank of New York (S) Ltd12 words
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Article92 1992-01-25 29 Duration Title Venue Organiser Tel Duration Title Venue Organiser Tel Feb 22-27 1992 International Trade Fair for the Hotel. Catering and Confectionary Trades Stuttgart, Germany Messe Stuttgart International (49)*****89 Mar 1-4 1992 Mar 2-4 1992 1st World Gems Jewelry Fair British Equestrian Trade Fair Hongkong Exhibition Centre92 words
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Article615 1992-01-25 30 A Kiss Before Dying. Matt Dillon marries a rich girl, kills her, and then goes for more of the same with her twin. Prince 1: 11; 1.30; 4; 6.45; 9.15. Changi 1: 11; 1.30; 4; 7; 9.15. Bed and Breakfast. Roger Moore is no saint, but a conman. When615 words
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TIME OFF
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Article153 1992-01-25 30 SS0 Concert With guest conductor Enrique Batiz born in Mexico and his country's most distinguished conductor. The programme consists of three works: Chavez's Symphony No 2 'Sinfonia India': R Strauss' Don Juan: Tone Poem after Nikolaus Lenau, op 20: and Tchaikovsky's Symphony No 2 in C minor, op 17153 words
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Article, Illustration389 1992-01-25 30 Yasotha M - Compiled by Yasotha M Gems of India Exhibition-cum-sale of some of India's most beautiful and precious pieces of jewellery. Over 100 selected pieces comprising necklaces, bracelets, earrings, pendants and rings will be on sale. Venue' Hyatt Regency Singapore, 3rd Floor, Jasmine Room. Last day. llam-9pm See EL 6 Naive389 words
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Page 19 Advertisements
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Advertisement175 1992-01-25 19 s A 24-hour "Loan A CALL TOLL-FREE 3|3 3 NON BE M There Are Those Who Recognise The Crafl Of GeraU (jenla. And There .Are Those Who Can Also Afford H. The watchmaking genius of Gerald Genta is encaaed in every timepiece he designs. Each is a treasure. And each175 words
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Page 20 Advertisements
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Advertisement19 1992-01-25 20 SPH Shine Company Research The smart addition to your research department is only a phone call away Telephone: *****63,*****66,*****8919 words
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Advertisement24 1992-01-25 20 BT welcomes letters from you. Address them to: The Editor, Business Times, 390 Kim Seng Rd, S'pore 0923. Letters should include your contact numbers.24 words
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Page 20 Miscellaneous
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Miscellaneous99 1992-01-25 20 DOONESBURY SiNCt UJE'RB NOT HARMED. PIP YOU WiIKHH. WBU.NOT parents exactly... ABcurne BABfver, IHGOPEDIP BETTER BREAK THE NEWS TO THEM GRADUALLY. boopsie* %Ui m. I POTT SUPposeiojiebe UXXJN6FOR TOPCMDCARE* IE SO, TM YOUR mv a?it's soopse* UELL, ZONKER' HE!S ZONKf COH THANK OffEPjHG ORAVXATIONS you. 7DBEOUP MIKE TOD ME UAHNY'99 words
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Page 22 Advertisements
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Advertisement1060 1992-01-25 22 M Nothing Beats A Bud. BUD LIGHT I WHERE TO WINE, DINE... PRINCESS 6TEKRAGE> ..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 $6.501,060 words
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Page 23 Advertisements
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Advertisement236 1992-01-25 23 AND ENTERTAIN <£ High Tea Classics Danish pastries. Fresh cakes. Savoury Dian Xin. Mee Siam. Samosas. Quiche Lorrain. Spring Rolls. Fresh Fruits. Cookies. Every Saturday. 3 to 5 pm. $12.50++ per person. J Fashionshow at 4 pm. ANA HOTEL For reservations, please call 732-1222 ext 1581 SINCAPORE 16 Nastim H*.236 words
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Advertisement162 1992-01-25 23 SUNDAY FAMILY BRUNCH $13 (S7* for children under 12) TEE-OFF CAFE MARINA BAY GOLF COUNTRY CLUB 6 MARINA CREEN SINCAPORE 0)01. FOR RESERVATIONS PLEASE CAIJ. 221 2811/122 4221 9-COURSE DELICACIES 9 BONUS ITEMS e M i y Enjoy the following bonus ia\ items now! Spec Menu 1. I Euroca 35mm162 words
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Page 26 Advertisements
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Advertisement6 1992-01-25 26 Advertising Marketing in BT every Thursday6 words
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Page 27 Advertisements
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Advertisement40 1992-01-25 27 '■■w o TOP 20 MONEYSPINNING STOCKS Govt-linked companies dominate Prime Ministers Goh and Anand: Summit's response to the new world order ON SALE Available at newsstands from your newsvendor Times the Bookshops For subscription enquiries, call 256 5559 (toll free)40 words
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Advertisement896 1992-01-25 27 Great Free Gifts &Lucky Draws when you deposit with Hong Leong Finance Singapore Finance. L? >5 i h*%n h'( Hong Leon* Finance's Singapore Finance's Free Gift* and Lucky Draws programme witfc a wider range of gifti GRAND LUCKY DRAW FREE GIFTS From 15 August 1991 to 29 February 1992, open896 words
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Page 28 Advertisements
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Advertisement179 1992-01-25 28 BUSINESS TIMES EXECUTIVE APPOINTMENTS Toll-free Tel No-.737-0043 Fax N0:734-3698 EXECUTIVE DIRECTOR N The Singapore Institute of Surveyors and Valuers invites applications for the position of Executive Director. THE PE RSON We are looking for someone who is energetic, hardworking with good organising and marketing abilities. THE JOB: The successful candidate179 words
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Page 29 Advertisements
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Advertisement44 1992-01-25 29 It's amazing the lengths Finnair goes to for just one price. FlyJfinnair to Europe and well take y ou to 35 European destinations for the same Check withyour travel agent or call *****77 for more details. "/A/A//7/J7 Wa Kon Europe from Mart to Pinniah.44 words
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Advertisement15 1992-01-25 29 Read Chartpoint, a guide to investing in the stock Market. Every Saturday in Buaineaa Times15 words
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Advertisement64 1992-01-25 29 V, ft"* ■r- i. m rV u BE if 1 V V^iL» STRIP OR That's what Hongkong sex symbol Amy Yip was told by gangsters, who threatened to cut her up with a razor blade. Another actress is beaten blue and black Triads in Hongkong's film indust TIT n-p BD64 words
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Page 29 Miscellaneous
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Miscellaneous296 1992-01-25 29 CRYPTIC CROSSWORD ACROSS I- Leading person on the fiddle (5,9) 9 He protests at the gold item (8) 10 Kelvin can only move slowly with the small anchor (5) 12 Concerned with the distribution of oats (2,2) 13 Powerful device turned cars over (10) 15 Above belief that payment need296 words
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Miscellaneous123 1992-01-25 29 WEATHER Singapore Outlook: Fair and windy. Report: Maximum temperature 31.1 Assoc humidity... 58% Minimum temperature 23.8 Assoc humidity 91% Hours of sunshine 10.80 Rainfall in mm Nil Rainfall this month 70.1 Rainy days this month 7 World forecast Asia-Pacific Hi/Lo* Auckland 23/14 Bangkok 31/21 Beijing 05/-5 Hongkong 18/13 Jakarta 30/23123 words
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Miscellaneous26 1992-01-25 29 nStc*r:Fra-jc LickezjS I'VE. 6E£N WORKiMG HEJ?e FOR OGHT RND pi MALF vepißs ve. suffered CM. MOW nc OQNT ftjOA c*> z. O ASSOCIATED NEWVAKRI LTD, IM3-IW226 words
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Page 30 Miscellaneous
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Miscellaneous1723 1992-01-25 30 TODAY'S TV i*- y **y. HE,. I •»-i' MOVIES Boulevard, Bpm, Sunset SBC 12 A powerful, bittersweet and soul-searching look at Hollywood, starring William Holden, Gloria Swanson and Erich von Stroheim. Certainly one of director Billy Wilder's best efforts, winning three Oscars. Magic Cop, 9.30pm, SBC 8 Two Hongkong policemen1,723 words
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Miscellaneous603 1992-01-25 30 MOVIES ON TV Turn Back the Clock, Mon, 3.00pm, SBC 5 The classic "if I could do it all over again" situation, except this time it actually happens to glamorous actress Sheila Powers (Connie Sellecca) in director Larry Elikann's remake of the 1933 movie of the same name. Powers parries603 words
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