The Business Times, 8 February 1992

Microfilm: NL17797
Total Pages: 28
1 28 The Business Times
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  • Title Section
    Masthead
    17 1 Business Times THE BUSINESS PAPER FOR S-E ASIA MITA (P) 35/12/91 Weekend Edition, February 8-9 1992 75*
    17 words
  • NEWS & MARKETS SUMMARY
    • Article
      Dow higher
      30 1 WALL STREET prices opened slightly higher yesterday, with the Dow Jones index of 30 leading industrials up 0.89 point to 3,256.48 in the first five minutes of trading.
      30 words
    • Article
      Footsie lower
      29 1 SHARE PRICES were lower at midday yesterday on the London Stock Exchange. At 1200 GMT, the Financial Times-Stock Exchange 100share index was down 9.3 points at 2,525.0.
      29 words
    • Article
      US jobless rate in January stays at 7.1pc
      49 1 WASHINGTON US unemployment remained unchanged in January at 7.1 per cent with 8.9 million people out of work, the highest level in five years, the Labour Department said yesterday. A separate survey of employers' payrolls showed a loss of 91,000 jobs.
      49 words
    • Article
      M'sia sending trade mission to Indochina
      35 1 KUALA LUMPUR Malaysia's International Trade and Industry Minister Rafidah Aziz yesterday said she would lead a trade mission to Indochina later this year to step up trade and investment.
      35 words
    • Article, Illustration
      STOCK INDICES
      29 1 Friday Change BT-MGA 740.73 -2.51 Kuala Lumpur ....589.84 +14.03 Tokyo 22,107.12 +2.20 Hongkong 4,711.37 +39.28 Sydney 1,590.9 -3.7 Thursday Change New York 3,255.59 -2.01 London 1,961.2 -9.7
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    • Article
      CURRENCIES
      23 1 Exchange rates USS SS 1.6265 100 Yen SS 1.2955 MS SS 0.6232 Money market rates Overnight 3 -1/8 3-montn 3 1/4 unch
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    • Article
      COMMODITIES
      32 1 London Gold AM fix US$355.40 -US$0.85 SoreFcb.... 131.75«/kg M'sia Feb 215.00*/kg KL Dn Turnover 80 tonnes -30 Spot M$l4.10/kg -0.50 Cmdo palm oil Turnover 69 lots -200 March M$900 /tonne +1
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  • Article
    Airlines cutting fares on Hongkong route
    455 1  -  Undercutting likely to worsen with cheaper MAS flights in April By Sangeeta Mulchand SINGAPORE The airline grouping that sets minimum fares for member airlines flying out of Singapore appears headed for some turbulence on its Hongkong route. On the one hand, it faces competition
    455 words
  • Article
    Lock icon Worldwide business optimism fades
    304 1 Reuter LONDON Business confidence has dived across the world and is now near the record lows reported during the Gulf War, an influential report by business information group Dun Bradstreet Corp said yesterday. The survey, covering 11,000 business executives in 14 countries, found that optimism over
    Reuter  -  304 words
  • Article
    Nomura-linked firm to invest in Asean
    192 1  -  From Koichi Ishiyama in TOKYO TOKYO Japan Associated Finance Co (Jafco), the nation's biggest venture capital firm affiliated with Nomura Securities Co, is to invest 15 billion yen (about Ssl9s million) in Singapore and other fast-growing Asean nations this fiscal year starting April. Sadayoshi
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  • Article
    Indon kretek giant and owners pay most tax
    375 1 JAKARTA PT Gudang Garam, the kretek cigarette giant, and its owners were Indonesia's biggest taxpayers in 1990, surpassing tycoon Liem Sioe Liong and his Salim business empire, Jakarta Post reported yesterday. Tan Siok Tjien, the widow of Gudang Garam's founder, topped the
    375 words
  • Article, Illustration
    CAAS head to take over as UIC chief executive
    409 1  -  By Sylvia Wong SINGAPORE Leong Chee Whye is stepping down as president and chief executive officer of United Industrial Corporation (UIC) and its subsidiary Singapore Land, citing poor health as the reason. He will be replaced by Lim Hock San, currently
    409 words
  • Page 1 Advertisements
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      Page 1 Advertisements Column 1
      221 1 Nikon ThtWbrid'sFlnMt Photographic Syatom. It's fun to fly. el i Disk drive conference A LEADING industry conference, a staple event in the US for the last seven years focusing on issues related to disk drive components, will be held in Singapore in March for the first time Page 2 Towards
      221 words
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      Page 1 Advertisements Column 2
      14 1 OPINIONS Can business be taught? EL 2 Get out there and consume. EL 2
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      Page 1 Advertisements Column 3
      13 1 PEOPLE In this week's pictorial weekly: views from the Asean Summit. EL 6
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      Page 1 Advertisements Column 4
      232 1 I US manufacturers see growth going above 3.5pq Japanese businesses are pessimistic, Pg 7 4 The movement of a watch is dust, dirt and water. It provides Rolex Oysters have climixsl its heart. Precious. Delicate. For a totally secure protection for the highest mountains, divedjfo centuries craftsmen have striven the
      232 words
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      Page 1 Advertisements Column 5
      17 1 11/lron •4*3 TtoWbrid'tAnwl MwlograpNc f-!l FINANCE Low Keng Huat Singapore: a concrete stock to buy. EL 8
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      Page 1 Advertisements Column 6
      15 1 JOBS When home is best. EL 10 The man CEOs love to hate. EL 10
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  • SINGAPORE NEWS
    • NEWS ROUNDUP
      • Article
        Singapore, South Africa sign air services accord
        108 2 THE Civil Aviation Authority of Singapore (CAAS) announced yesterday that it has signed an air services agreement with the Department of Transport of South Africa. The agreement came after a three-day discussion in late January between Singapore and South African officials. Following the
        108 words
      • Article
        Using handphones in Australia
        83 2 SINGAPORE TELECOM yesterday announced that handphone subscribers on the Advanced Mobile Phone System can now use their handphones when they are in Australia. This follows the signing of a roaming agreement between Singapore Telecom and Telecom Australia. To use the service, the subscriber has to apply
        83 words
      • Article
        Recognition for MK Electric
        73 2 ELECTRICAL accessories manufacturer MK Electric (Singapore) Ltd has been awarded the ISO 9002 standard for its high product quality and efficient operating systems. MK Electric said yesterday the Singapore Institute of Standards and Industrial Research (Sisir) award would give the company "a definite advantage in its
        73 words
      • Article
        OUB and HK Bank cut prime
        146 2 THE Overseas Union Bank and Hongkongßank have announced cuts in their prime rates. With effect from today, OUB is cutting its prime rate by 0.75 percentage point to 5.75 per cent. OUB is also reducing the interest rates for its savings accounts and fixed
        146 words
    • Article, Illustration
      Singapore to host major disk drive conference
      359 2  -  By Claire Leow A LEADING industry conference on issues related to disk drive components will be held in Singapore in March for the first time. The "Head/Media Technology Review" has been a staple event in the United States for the last seven years,
      359 words
    • Article
      Ministry tells schools: No trading places for donations
      281 2 THE MINISTRY of Education has issued a tough statement following press reports that some parents obtained places in schools for their children by making donations to these institutions. In its statement yesterday, the ministry said it had repeatedly stated in the past
      281 words
    • Article
      Singaporean investments in NZ property top NZ$80m
      313 2 SINGAPOREAN property investments in New Zealand in the last year alone exceeded NZ$BO million (5570.4 million), according to estimates now available. Property circles say further Singaporean acquisitions worth at least NZ$7O million are in the pipeline. Notable recent purchases involving Singaporean interests include
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  • SHIPS IN PORT
    • Article
      AT CONVENTIONAL WHARVES
      340 2 Vessel »•i No Berth Arrini Departure Vwm( im/ Ha Birth Arrfrd Iplw M,n„. 1 ho E108 $02 07 02/0900 0702/2330 SSl «S M01 atongs* 0702/1800 TH84 S02 08 02/0030 08.02/2300 unon 356 M02 0702/1800 SCHEDULED TO LOAD ON FEB 9 Blue Power 3 *****2 M04 08 02/1000
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    • Article
      IN MALAYSIAN PORTS
      148 2 Www Port Berth: 1: Builder I; 2: Johan, Fu Ping; 3: nil; 4; AJam Teladan; 5: Barge Rainbow I; 6: ml. 01 jetty: ni DCh Siver Pride. Due en Feb 7: Queen Chie, Successway, Santos, Hong Soon I, Barge Munar No 2, Barge Josmdo Satu. Due on
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    • Article
      CONTAINER SCHEDULE
      1006 2 RECEIVING Of EXPORT FCL CONTAINERS AND LCL CARGO Record Boofcnc/Batonce Rsfts SMp Voy No Etb/Btr Period From To From ACX Rutty 42A 09/0700 2 07/1700 08/0659 08/0900 3 08/0700 08/1159 08/1*00 Afca Bhuin 129S 08/2300 1 07/1500 07/1659 07/1900 2 07/1700 08/0659 08/0900 M tsaa 64 10/0100 1
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  • COMPANY NEWS 1
    • Article, Illustration
      French to take over Galeries
      411 3  -  Bonvests unit sells its 81 pc stake in GDS to parent company By Hong Lee Tiam SINGAPORE The French are taking over full control of Galeries Lafayette after local partners failed to make the department store a force in the retail industry here. An SES
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    • Article
      Lock icon Moody's downgrades Japan's securities firms
      452 3 Agencies TOKYO Moody's Investors Service Inc said yesterday it had cut the long-term credit ratings for Japan's four main securities companies, citing further pressures on earnings and increased competitive challenges. The rating agency said the downgrading of the four companies, among the world's biggest financial
      Agencies  -  452 words
    • Article, Illustration
      New lease of life for Finnish tanker
      407 3  -  By Juliette Walker SINGAPORE On schedule and slightly under budget, major shiprepairer Sembawang Shipyard Ltd has completed the $38 million overhaul of a Finnish tanker one of its largest projects to date. Sembawang redelivered the Alandia Surf yesterday, handing over an impressive savings
      407 words
    • Article
      Lock icon Mixed reaction to powers of new Indian stock exchange board
      481 3 MARKET TALK Reuter NEW DELHI India has given a new stock exchange board powers to regulate and develop the country's growing capital markets but analysts say the agency lacks the autonomy it needs to function effectively. A presidential ordinance issued
      Reuter  -  481 words
    • Article
      Lock icon Pengkalen to set up investment firm with Indonesian partners
      265 3 NST KUALA LUMPUR Pengkalen Holdings Bhd is teaming up with three Indonesian partners to set up an investment and fund management firm in the republic. Pengkalen said in a statement on Thursday that it has entered into a joint-venture agreement with
      NST  -  265 words
    • COMPANY BRIEFS
      • Article
        S'pore Aerospace begins delivery to BAe
        67 3 SINGAPORE Singapore Aerospace Manufacturing Pte Ltd has commenced delivering the first batch of undercarriage units for the British Aerospace 125 executive jet to British Aerospace Corporate Jets Ltd (BAe). SAM, a subsidiary of Singapore Aerospace Ltd,and joint-venture Singapore British Engineering have been working with
        67 words
      • Article
        New SCS director appointed
        78 3 SINGAPORE Publicly-listed Singapore Computer Systems Ltd (SCS) appointed Foo Hee Liat as director of the company on Feb 1. Mr Foo is also senior vice-president and general manager of Singapore Electronic and Engineering Ltd (Seel). Both SCS and Seel were listed on the main board of
        78 words
      • Article
        Maybank arm seeks loan
        64 3 SINGAPORE Malayan Banking Bhd's Labuan subsidiary yesterday signed an agreement to issue a floating rate certificate of deposit (FRCD) for US$l2O million (SSI94 million). BT earlier reported that the Maybank subsidiary, Maybank International Ltd, was seeking a US$lOO million loan. This loan's size was subsequently increased
        64 words
      • Article
        RAM to offer new services
        79 3 KUALA LUMPUR Malaysia's sole credit rating agency, Rating Agency Malaysia (RAM), is offering credit risk analysis services to financial institutions as an extension of its range of services. The move which comes barely nine months after RAM started operations, has drawn promising response with at
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      • Article
        Permodalan's 11.8m shares
        66 3 KUALA LUMPUR Permodalan Nasional Bhd bought a total of 11,887,000 new shares in various companies at the end of December last year in the open market. PNB declared in different statements that the shares which it acquired included 6,405,000 shares in Malayan Banking Bhd. PNB also said
        66 words
      • Article
        Sapura Telecoms reduces stake
        40 3 KUALA LUMPUR Sapura Telecommunications Bhd sold 1.72 million Sapura Holdings Sdn Bhd shares on the open market at the end of January, reducing its stake in the company to 27.641 million shares, or 65.40 per cent.
        40 words
      • Article
        UMW increases share capital
        49 3 KUALA LUMPUR UMW Holdings Bhd has issued additional 61,332 new ordinary shares of Msl each following the conversion of 61,332 convertible unsecured loan stocks 1988/1992. The new shares will be listed and quoted on the Kuala Lumpur Stock Exchange from Feb 11, the KLSE said.
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    • COMPANY BRIEFS
      • Article
        AT&T in Japan, S Korea, Guam cable link deal
        125 4 NEW YORK American Telephone and Telegraph announced on Thursday it had signed a memorandum of understanding with two Asian telecommunication firms to build an underwater fibre optic telephone cable linking South Korea, Japan and Guam. The cable, to be built jointly
        125 words
      • Article
        Port container firm's public offer
        95 4 MANILA One third of the Philippines' main port container firm is to be offered to the public some time this month, an official of the finance firm handling the issue said here on Friday. International Container Terminal Services Inc (ICTSI) plans to list 76 million
        95 words
      • Article
        Chrysler posts US$795m loss
        122 4 DETROIT, Michigan Chrysler Corp, whose chairman Lee lacocca last month accused Japan of unfair trading practices, on Thursday posted a profit for the last three months of 1991 but a US$795 million (S$ 1.3 billion) loss for the year as a whole. Chrysler, the most hard-pressed
        122 words
      • Article
        Nadir fails to suspend civil suit
        107 4 LONDON Asil Nadir, former chairman of the collapsed Polly Peck group, on Thursday lost his attempt in the High Court to suspend a £378 million (S$ 1.1 billion) civil suit while he faces a separate criminal prosecution. Polly Peck joint administrator Christopher Morris of
        107 words
      • Article
        Trump casinos' bankruptcy plans
        77 4 ATLANTIC CITY, New Jersey Officials for two of Donald Trump's hotel-casinos say they plan to file for Chapter 11 bankruptcy protection next month in an effort lo reorganise their debts. Officials of the Trump Plaza Hotel and Casino and Trump's Castle Casino Resort told state regulators
        77 words
    • Article
      Lock icon Digital slashes PC prices to match Apple's, Dell's
      308 4 Reuter MAYNARD, Massachusetts Digital Equipment Corp slashed prices on its personal computers on Thursday, matching Apple Computer Inc and Dell Computer Corp in the year's first round of aggressive PC price cutting. Digital, better known as a maker of big computer systems,
      Reuter  -  308 words
    • Article
      Lock icon Japan institutional investors ease up on selling
      510 4 But many may be waiting for market upturn Reuter TOKYO The prospect of Japan's institutional investors selling huge amounts of shares has for months cast a shadow over Tokyo's ailing stock market, but analysts say the market has been given a breather. "Everybody
      Reuter  -  510 words
    • Article
      Lock icon Thai Airways to float 100m shares at 55-65 baht each
      285 4 Reuter BANGKOK State-owned Thai Airways International Ltd has set the initial public offering of 100 million, 10baht (550.64) par shares at a range of 55-65 baht. It told the Stock Exchange of Thailand the offer, subject to confirmation by an
      Reuter  -  285 words
    • Article
      Lock icon KLM pleases investors with fall in third quarter losses
      417 4 Reuter AMSTERDAM KLM Royal Dutch Airlines satisfied investors by slashing losses in its third quarter, which ended Dec 31, 1991, but left them hungry for news on its talks with British Airways pic, analysts said. KLM said net losses fell to
      Reuter  -  417 words
    • Article
      Lock icon Apple, Sharp may team up to make Pocket Mac
      245 4 Rcuter SAN FRANCISCO Apple Computer Inc is looking to team up with the Japanese electronic giant Sharp Corp to develop a new pocket computer, industry sources said on Thursday. The new hand-held device, dubbed the "Pocket Mac", would likely mark Apple's
      Rcuter  -  245 words
    • Article
      Lock icon Foreign firms win share in 11 Osaka airport jobs
      291 4 Asahi News Service TOKYO Foreign firms will share work with Japanese partners in 11 contracts out of the 64 contracts awarded in international bidding so far for the Kansai international airport in Osaka, a spokesman for the Kansai International Airport Co
      Asahi News Service  -  291 words
    • Article
      Lock icon Supermarket giant Daiei in takeover bid for Chujitsuya
      363 4 Reuter TOKYO Japan's largest supermarket chain operator Daiei Inc said it and its group retailer Maruetsu Inc will make a takeover bid for smaller retailer Chujitsuya Co Ltd. Daiei president Isao Nakauchi said that the Daiei group will seek to buy a
      Reuter  -  363 words
    • Article
      Lock icon Continental Airlines files bankruptcy revamp plan
      570 4 Creditors to reduce debt for stock NYT NEW YORK Continental Airlines Holdings Inc filed a bankruptcy reorganisation plan on Thursday in which its major unsecured creditors agreed to reduce the carrier's debt and interest costs sharply. In return, the creditors would get stock, making
      NYT  -  570 words
    • Article, Illustration
      Lock icon Help unlikely for weak Tokyo stock market
      535 4 This is despite mounting political pressure to cut discount rate Reuter TOKYO Japan's sagging stock market looks unlikely to get any help from the nation's monetary authorities, despite mounting political pressure for a cut in the discount rate. Finance Minister Tsutomu Hata on
      Reuter  -  535 words
  • Page 3 Advertisements
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      Page 3 Advertisements Column 1
      144 3 for a audience ASIAN AEROSRACE'92 ASIAN AEROSPACE is considered one of the world s most important air shows. Three of our newspapers will be publishing a rm oij i special feature in conjunction with this great The StimtsTimeS exhibition of airpower. FEBRUARY 24,1992 Readers will get to read about the
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  • THE WORLD
    • Article
      Lock icon US manufacturers see growth going above 3.5pc
      371 5 IHT NEW YORK Betting on strong exports and low interest rates, US manufacturers on Thursday predicted an upward bounce in economy later in the year, when they forecast growth would be running above 3.5 per cent. The National Association of Manufacturers released a
      IHT  -  371 words
    • Article, Illustration
      Lock icon US workers tops, say experts...
      493 5 IHT TOKYO American workers "can't read" and "don't want to work", the speaker of the Japanese house, Yoshio Sakurauchi, charged last month. Prime Minister Kiichi Miyazawa, in a parliamentai7 debate earlier this week, said that Americans' will "to produce goods and create value has loosened
      IHT; IHT graphics  -  493 words
    • Article
      Lock icon ... and the Japanese agree
      218 5 and the Japanese agree AP TOKYO Offering its own contribution to the continuing debate over whose workers are the most productive, the Japanese Labour Ministry said on Friday that by some measures American workers out-produce their Japanese counterparts. The ministry divided the 1989 US gross domestic product by the number
      AP  -  218 words
    • Article
      Lock icon Bush announces his health-care insurance plan
      501 5 Reuter CLEVELAND President George Bush on Thursday proposed to help millions of middle-class and poor Americans shoulder soaring healthcare costs with a package of tax credits and government vouchers to pay for private insurance. The plan is likely to become a major issue along
      Reuter  -  501 words
    • WORLD WATCH
      • Article
        Miyazawa may delay US trip, say reports
        77 5 TOKYO Japanese newspapers said a US visit by Prime Minister Kiichi Miyazawa pencilled in for May was likely to be delayed, but the government denied Washington had asked for a postponement. The Asahi Shimbun and Yomiuri Shimbun newspapers, quoting foreign ministry officials, said
        77 words
      • Article
        Kohl sees German GDP up 2pc
        99 5 LONDON German GDP growth should average about 2 per cent this year with 1.5 per cent in the West and 10 per cent growth in former East Germany, Chancellor Helmut Kohl said in an interview with the Wall Street Journal Kohl also said that,
        99 words
      • Article
        Gulf anger over EC energy tax
        104 5 ABU DHABI Gulf anger is growing over a proposed European Community energy tax despite EC assurances the move would not aflect on-going negotiations for a free trade pact, a Gulf official said here. The tax is designed to contain carbon dioxide emissions to prevent
        104 words
      • Article
        Soviet Jews look to Germany
        109 5 BERLIN Some 25,000 Jews in former Soviet republics,,» where nationalism and anti-Semitism are resurging, have applied to emigrate to Germany despite its Nazi past, German Jewish officials said on Thursday. Heinz Galinski, head of Germany's Jewish community, said Israel remained, the ideal destination for Soviet
        109 words
      • Article
        Baker doubts Israel can repay loan
        83 5 WASHINGTON Secretary of State James Baker expressed doubts on Thursday about Israel's ability to repay the US$lO billion (5516.3 billion) in housing loans that it wants the to guarantee. The guarantees would let Israel borrow USslo', billion from commercial banks at favourable interest rates.
        83 words
    • Article
      Lock icon Three ex-Soviet republics to join regional group
      294 5 Reuter ANKARA Iran, Pakistan and Turkey decided on Thursday to accept three former Soviet Muslim republics as members of the Economic Cooperation Organisation (ECO). ECO foreign ministers said after a two-day meeting in Ankara that admission agreements with Azerbaijan. Turkmeniya and Uzbekistan should
      Reuter  -  294 words
    • Article
      Lock icon Surveys show Japanese businesses are pessimistic
      539 5 NYT TOKYO Two new surveys show that many small businesses are suffering from the economic slowdown and expect business to get worse, while larger corporations plan to cut back on their capital investment during the first half of this year. Results of the surveys
      NYT  -  539 words
    • Article, Illustration
      Lock icon Miyazawa may be forced to resign
      537 5 Scandals plague Japanese PM after only three months in power AFP TOKYO Japanese Prime Minister Kiichi Miyazawa, battered by a series of political scandals and faced with a parliamentary impasse, could be forced to resign after only three months in power, observers here say.
      AFP  -  537 words
    • Article, Illustration
      Lock icon Ireland's next prime minister a self-made millionaire
      295 5 Profile AFP DUBLIN Albert Reynolds, Ireland's next prime minister, is a self-made millionaire who started off as a concert promoter and dance hall owner. Mr Reynolds, 56, a former finance minister, was overwhelmingly elected leader of Ireland's right-wing majority party Fianna Fail on
      AFP  -  295 words
  • Page 5 Advertisements
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      Page 5 Advertisements Column 1
      45 5 mPIL PACIFIC INTERNATIONAL LINES (PTE) LTD EASTERN MARITIME (COLOMBO) LTD t/tc and Pcafilc "DemyvuxtCc SocitUi&t Sxi JStwfa 9# t&ecx 44(6 Independence PIL Building, 140 Cecil Street #03-00 Singapore 0106. Tel: *****33 (20 lines) Fax: (65) *****41. Telex: RS *****, RS *****, RS ***** RS *****
      45 words
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  • STOCK EXCHANGE OF SINGAPORE 1
    • Article, Illustration
      Interest remains focused on Malaysian counters
      4167 6  -  By Salil Tripathi WHEN THE home-front is dull, the neighbourhood seems more exciting. This is not another pearl of wisdom from your friendly neighbourhood wise man guzzling Guinness Stout talking, but that was pretty much the way the Singapore stock exchange behaved yesterday. Devoid
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    • Article, Illustration
      Lock icon HOT STOCK Comment
      73 6  -  By Chew Eng Han SUPPORT at $1.10 held well and the stock is now starting a new uptrend which has an initial target of $1.45-$ 1.50. Both short- and long-term stochastics are heading up. Weekly MACD is also turning up and about to give a buy signal
      SOURCE: PONT DATA  -  73 words
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  • Article
    STOCK EXCHANGE OF SINGAPORE 3
    3133 8 Oriental Hldgs 605 +35 +6.1% Leader U 466 +24 +5.4% Gentings 50« 770 +20 +2.7% H Leong Ind 50* 520 t-20 +4.0% MISC Foreign 555 +20 +3.7% Rolhmans M 50« 865 f2.4% Guinness 50« 328 +14 M.5% M Banking 456 +12 +2.7% MAS 442 +12
    3,133 words
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  • KUALA LUMPUR STOCK EXCHANGE
    • Article, Illustration
      Lock icon Stocks close broadly higher on renewed support
      5069 9 Bernama SHARE prices finished higher across the board on the Kuala Lumpur Stock Exchange yesterday on renewed energetic and widespread support. The KLSE Composite Index rose to a new six-month high of 589.84, 14.03 points higher than its previous close. The main board
      Bernama  -  5,069 words
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  • STOCK EXCHANGE OF THAILAND
    • Article, Illustration
      Lock icon Index advances sharply on Bangkok Land rally
      2271 10 Reuter, UPI A STRONG rally by Bangkok Land shares for the second straight day fuelled a sharp market advance focused on property issues. The Stock Exchange of Thailand Index gained 8.99 points to close at 780.08 on a 12.4 billion turnover. "The market
      Reuter,; UPI  -  2,271 words
  • JAKARTA STOCK EXCHANGE
    • Article
      Shares close higher on active local buying
      1222 10 SHARE prices closed higher on active buying by locals in yesterday's usual half-day trade, brokers said. The index ended 7.16 points up to 294.22, they added. Turnover was 13.11 million shares compared with 16.64 million on Thursday. Bank Duta closed 250 rupiah higher
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  • TOKYO STOCK EXCHANGE
    • Article, Illustration
      Lock icon Profit-taking erases strong early gains
      2478 11 Reuter STOCKS gave up strong early gains to close almost unchanged yesterday. Brokers said profit-taking and futures-linked selling whittled prices, but active buying of incentive-backed issues and hopes linked to political and industry moves to help the market underpinned sentiment. "It's very natural we should
      Reuter  -  2,478 words
  • STOCK EXCHANGE OF HONGKONG
    • Article, Illustration
      Lock icon Shares end firmer in active trade
      2434 11 Reuter SHARE prices ended solidly firmer on high turnover and mainly local buying after a three-day Lunar New Year holiday, brokers said. "The market closed higher with very good turnover suggesting that it is gaining a high level of momentum," said Larry Tam, director
      Reuter  -  2,434 words
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  • AUSTRALIAN STOCK EXCHANGE
    • Article
      Lock icon Market closes lower after a roller coaster day
      2212 12 Reuter DISCOUNT trading dragged the Australian sharemarket yesterday to a slightly lower close after a roller coaster day. The market opened weaker after overnight falls overseas but soon rose quickly, unhampered by offshore selling. But after lunch, the market took a sharp
      Reuter  -  2,212 words
  • REGIONAL STOCK MARKETS
    • Philippine investors cautious over hustings
      • Article
        NEW ZEALAND
        326 12 SHARE prices ended flat yesterday, the only notable exception being Air New Zealand's seven-cent gain to NZ$l.7O. The NZSE-40 capital index fell 1.70 points to 1,467.12. Turnover was a healthy 19.9 million shares, worth NZ532.20 million. Brokers said Air NZ, which has languished for many months at around
        326 words
      • Article
        TAIPEI
        507 12 THE Taiwan stock market closed sharply lower yesterday on the first day of trade after the Lunar New Year holidays in reaction to Premier Hau Peitsun's call last week for a crackdown on speculation, brokers said. The weighted index closed at its in-tra-day low of 5,237.37, 154.26 points or
        507 words
      • Article
        MANILA
        565 12 SHARE prices rose on bargain-hunting yesterday but gains were slight due to caution about possible political violence when campaigning for the May elections in the Philippines starts officially today, brokers said. The Manila Stock Exchange Com- posite Index closed 1.20 points higher at 1,253.57. Brokers said stocks drew investors
        565 words
      • Article
        INDICES & TURNOVER
        53 12 INDICES TURNOVER ClOM PietkMt Feb 7 NEW ZEALAND NZSE-40 Capital 1.467.12 1.468.82 -1.70 Turnover (NZSmillion) 32.20 30 2.20 WWMI Composite Index 1,253.57 1,252.37 1.20 Turnover (million) 3.900 2.600 1.300 TAIPEI Weighted Price Index 5.237.37 5.391.63 -154.26 Turnover (NTS billion) 38.2 56.5 -18.3 SEOUL Composite Stock Index unav 690.84 Turnover (billion
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      • Article
        Untitled
        670 12 Seoul Feb 7 Won ('00) Anam Electric Ind 140 unch Anam Ind 159 +6 Ankuk Insu 328 unch Asia Cement 270 unch Asia Motors 175 +4 Bank Of Che Ju 171 unch BankOfPusan 137 unch Bank Of Seoul 113 unch Byuck San 162 unch Cheil Sugar 308 3 Cheil Synthe
        670 words
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  • WORLD STOCK MARKETS
    • Dow slips but broader market gains ground
      • Article, Illustration
        NEW YORK
        1408 13 STOCKS were mixed again on Thursday in heavy and choppy trading as blue-chip issues retreated a bit but with more records set in the broader market. The Dow Jones Industrial Average ended at 3,255.59, down 2.01 points. Some investors stayed out of the »market ahead of Friday's unemployment
        1,408 words
      • Article, Illustration
        LONDON
        681 13 SHARE prices closed lower on London's Stock Exchange on Thursday as investors remained on the sidelines. Investors were waiting for company earnings reports that are due to start coming out in the middle of February, and for next month's unveiling of Britain's fiscal 1993 budget, dealers said. At the
        681 words
      • Article
        Untitled
        123 13 Other markets in Europe, South Africa and Canada Milan Feb 6 Lire Assitalia 9110 10 Bastogi '54 -2 Fiat 5135 +98 Gene rail ***** 640 IfiPriv >3550 -50 1 taigas 3542 67 Italcementi ***** -140 Montedison '365 -4 Mediobanca ***** 370 Magnet 794 unch Magneti Risp 810 +7 Olivetti 2849
        123 words
      • Article
        FRANKFURT
        213 13 THE market closed mixed on Thursday, as the DAX spot trend index shed 5.41 points on the day to close at 1,681.13, but the Commerzbank indicator gained 6.10 points to 1,949.2. During the session, the DAX went over the psychological 1,700-point level, but was unable to hold the gain.
        213 words
      • Article
        PARIS
        288 13 THE Paris bourse was hesitant on Thursday in quiet trading, operators said, and the CAC-40 stock price index ended the day at 1,860.61 points, down by 0.28 per cent from the Wednesday close. The indicator was off by 0.05 per cent at the Thursday opening and then managed to
        288 words
      • Article
        ZURICH
        345 13 SWISS shares ended a lively session firmer on Thursday but below earlier highs after profit-taking set in to trim opening gains. Dealer said the January inflation figure, which fostered hopes for lower interest rates, boosted banks early in the session. "But when the blue-chip SMI index reached about 1,782
        345 words
      • Article
        STOCKHOLM
        188 13 PRICES on the Stockholm bourse closed broadly lower in relatively active trade on Thursday, mainly due to prof-it-taking after strong advances earlier this week. The bourse general index fell 0.67 per cent to 960.93 in turnover of 502 million crowns. Blue chips slid 1.21 per cent. "There are no
        188 words
      • Article
        BRUSSELS
        273 13 BELGIAN shares ended flat in dull trade on Thursday despite the start of the new forward market trading account. Dealers said there was no news to give the market direction. "There are no new elements in the market and no news in Europe noone is selling and everyone is
        273 words
      • Article
        JOHANNESBURG
        413 13 SHARE prices posted modest gains on Thursday, extending the gains scored on Wednesday in a thin and uncertain market, dealers said. Power-sharing negotiations have begun in South Africa with the government and its main black rivals putting their cards on the table for the first time. Markets will nervously
        413 words
      • Article
        TORONTO
        354 13 STOCKS continued to tread water on Thursday, closing flat after trading within a narrow range through the session, dealers said. "There was a lot of churning and burning...a lot of sluggishness going around," said Ira Katzin, an advisor with Richardson Greenshields. The TSE 300 Composite Index officially closed up
        354 words
      • Article
        INDICES & TURNOVER
        74 13 INDICES TURNOVER NEW YORK Close Previous Feb 6 Dow Jones SAP 500 Turnover (million) 3.255.59 3,257.60 413.82 413.84 242 262.44 -2.01 -0.02 -20 44 LONDON Financial Times 30 FTSE 100 Turnover (million) 1.961.2 2.534.3 546.2 1,970.9 2,547.1 491.8 -9.7 -12.8 54.4 FRANKFURT DAX Index 1.681.13 1.686.54 -5.41 AMSTERDAM EOE Index
        74 words
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  • CURRENCY, MONEY & FUTURES MARKETS
    • Article
      Greenback closes steady in Asia ahead of key US jobs data
      1155 14 REPORTS HsUr Tokyo: The US dollar was steady in late Asian trading ahead of key US unemployment data today. Short-covering and buying possibly from a South-east Asian central bank yesterday lifted the US dollar against the mark, while the
      1,155 words
    • Article
      INTERBANK FOREX RATES
      360 14 Crass rates Feb 7 I USS SS MS Dm Yen SFr AS NZS USS 1.6250 2.6080 1.5800 125.60 0.5501 1.4085 1.3378 1.8433 SS 0.6154 1.6049 0.9723 77.2923 0.3385 0.8668 0.8233 1.1343 MS 0.3834 0.62 0.6058 48.1595 0.2109 0.5401 0.5130 0.7068 Dm 0.6329 1.0285 1.6506 79.49 0.3481 0.8915
      360 words
    • Article
      MONEY MARKET
      533 14 Interbank rates SS Bid Offer Overnight 3 3 1/8 1-month 3 1/4 3 3/8 2-month 3 1/4 3 3/8 3-month 3 1/4 3 3/8 Overnight mode: 3 USS Bid Offer 7 days 4 4 1/8 1 month 4 4 1/8 2 months 4 4 1/8 3 months 4
      533 words
    • Article, Illustration
      Lock icon Lower Canadian dollar lifts spirits of exporters
      365 14 Reuter TORONTO The steep slide in the Canadian dollar has brightened prospects for Canadian exporters, whose profits have been squeezed for over a year by restructuring costs and a slumping economy, analysts say. The Canadian dollar which hit a 13-year high in November
      Reuter  -  365 words
    • Article
      Lock icon Aussie bond traders ignore funding news
      279 14 Reuter SYDNEY Australia's skittish bond market reacted indifferently to news the government's funding requirement in the year to June 30 would be higher than previously forecast, dealers said. They said the 10-year bond futures contract rose initially before slipping back to levels reached before
      Reuter  -  279 words
    • Article
      FINANCIAL FUTURES
      1110 14 SIMEX euhooqua* Open High Low Sett Est Vol Op/Int Vol Mar 92 95.87 95.87 95.86 95.87 3000 ***** 32M Jun 92 95.66 95.67 95.65 95.66 4900 ***** 4662 95.67 Sep 92 95.33 95.34 95.31 95.32 3140 9526 2900 Dec 92 94.68 94.69 94.66 94.67 2000 5290 2247 Mar
      1,110 words
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  • COMMODITIES
    • Article
      Lock icon Poor nations lose billions as coffee, cocoa prices slump
      392 15 Reuter LONDON World prices of coffee and cocoa have plunged, lopping billions of dollars off export earnings of developing nations, but the outlook for price stabilisation pacts seems as gloomy as ever, commodity analysts say. Secretary-general of the UN Conference on
      Reuter  -  392 words
    • Article
      Lock icon Gold mining firms playing risky game with options
      352 15 Reuter LONDON Gold mining firms, eager to find ways of boosting profits at a time of stagnant prices, appear to be stepping up their involvement in the options market, but this could cost them money if gold mounts a big rally, analysts
      Reuter  -  352 words
    • Article
      Tin drops 5 sen to set new 64-month low
      855 15 REPORTS THE PRICE of tin sank further on the Kuala Lumpur Tin Market yesterday to set a new 64-month low of M 514.10, down five sen from Thursday's close of M$ 14.15. Despite the US$lO rise on the London Metal Exchange
      855 words
  • Article
    PRICES
    1318 15 Rubber Feb 7 LL»J("W?S1 Noon Close Int 1 RSS Prompt I3I.25/132.25N 130.25/131.25N Int 1 RSS Mar 92 132.75/133.25 131.75/132.25 Int 1 RSS Apr 134.25/134.75 133.25/133.75 Int 2 RSS OP 131.50/132.50N 13I.OO/132-OON Int 3 RSS OP 129.50/130.50N 129.00/130.00N Int 4 RSS OP 127.5<V I28.50N 127.00/I28.00N Int 5 RSS OP 123.50/124.50N
    1,318 words
  • Page 15 Advertisements
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      Page 15 Advertisements Column 1
      6 15 Innovation Technology in BT every Tuesday
      6 words
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      Page 15 Advertisements Column 2
      187 15 BUSINESS TIMESToll free Tel No 737 0043 «Fax Wo: 734 3606 UQUOR LICENCE NOTICE NOTICE IS HEREBY GIVEN that, I, NeoKimKee of Blk 150-N East Coast Road Singapore 1542, hive applied for a Public House first Class (ateokd) licence in respect of premises at M/s Silver Sty Karaoke Lounge at
      187 words
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  • Article
    Lock icon Russia to sell off 25 pc of state firms and cap foreign investment
    514 16 Reuter MOSCOW Russia has outlined plans to sell off 25 per cent of state-owned enterprises by the end of 1992, but foreign investment will remain tightly controlled while the rouble remains weak. Anatoly Chubais, minister in charge
    Reuter  -  514 words
  • Article
    Lock icon France and Russia sign landmark treaty
    342 16 Reuter PARIS France and Russia pledged in a landmark treaty yesterday to hold their nuclear arsenals to a "minimum sufficiency", consult on crises and work for a European security treaty. Presidents Francois Mitterrand and Boris Yeltsin signed the accord, the first between the Russian
    Reuter  -  342 words
  • Article
    Lock icon Is the Third World under-polluted?
    202 16 Reuter LONDON Britain's Economist magazine said on Thursday it had obtained a confidential World Bank memo suggesting the lending agency should actually encourage exporting "dirty" industries to the "Hiird World. The magazine said its Friday edition would print the memo by World Bank chief economist
    Reuter  -  202 words
  • Article, Illustration
    A presidential race
    40 16 LAS VEGAS US President George Bush's daily jog turning into a sprint on Thursday when he met Olympic heptathlon qualifier Trevaia Williams of the University of Nevada. Mr Bush was here to promote his new health-care plan.
    40 words
  • Article
    Lock icon Mystery surrounds S Arabia, Egypt trip by CIA head
    348 16 NYT WASHINGTON President George Bush has dispatched Robert M Gates, the director of Central Intelligence, on an secret mission to consult with leaders in Egypt and Saudi Arabia on US efforts to hasten the downfall of President Saddam Hussein. Some officials
    NYT  -  348 words
  • Article
    Lock icon Israel not bound to every word of Camp David: Shamir
    420 16 AFP JERUSALEM Israel is not bound to every word of the Camp David peace accords signed with Egypt in 1979 that provide for Palestinian autonomy in the occupied territories, Prime Minister Yitzhak Shamir has said. "I say in principle we
    AFP  -  420 words
  • Article
    Lock icon Pakistan admits it can assemble a nuclear device
    338 16 Agencies WASHINGTON Pakistan Foreign Secretary Shahryar Khan confirmed his country could assemble at least one nuclear "device", the Washington Post reported. "The capability is there," Mr Khan told the Post, adding that Pakistan has "elements which, if put together, would become a
    Agencies  -  338 words
  • Article
    Lock icon Brady urges Congress to pass nationwide banking
    318 16 Reuter WASHINGTON US Treasury Secretary Nicholas Brady on Thursday pushed nationwide bank branching to the forefront of his agenda for reforming the industry, saying it would reduce bank failures and save taxpayer money. "TTiis year, legislation, especially the interstate component, simply must be
    Reuter  -  318 words
  • Article
    Lock icon Malaysian energy board workers suspend picket
    207 16 Reuter KUALA LUMPUR Executives at Malaysia's giant state power firm who picketed their headquarters over a pay row last week said yesterday they had called off further protests. "Due to the adverse press coverage, we fear our members might lose their heads and trip
    Reuter  -  207 words
  • Article
    Lock icon Croatia accepts UN peace plan
    266 16 Reuter BELGRADE Croatia's president accepted a UN peace plan on Thursday and EC envoy Lord Carrington won agreement on a peace conference in the tense Yugoslav republic of BosniaHerzegovina. But despite the encouraging signs, UN SecretaryGeneral Boutros BoutrosGhali said it was still too early to
    Reuter  -  266 words
  • Article
    Lock icon India asks UN Security Council to help ease tensions in Kashmir
    440 16 AFP SRINAGAR, Kashmir India urged UN Security Council members on Thursday to help ease tensions in Kashmir while Pakistan banned a planned march by Muslim militants into Indian Kashmir in an attempt to defuse the crisis. However, top leaders
    AFP  -  440 words
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  • Executive Lifestyle
    • Article, Illustration
      Lock icon Heads in the clouds
      1563 17  -  Nirmal Ghosh takes a spin across the Straits in a Cessna and finds that flying is convenient, addictive and fun Nirmal Ghosh DOWN BELOW on our left the Causeway is a pencil-thin white line. Ahead and to our right a glint of sunlight reflects off the
      Photo by Nirmal Ghosh  -  1,563 words
    • STRAWS IN THE WIND
      • Article
        Well prepared
        51 17 WHEN was the last time you saw any workers in Singapore on strike? Never, right? But at the NTUC club in Shenton way, nothing is taken for granted. This office recently received an invitation to cover a PAP district awards ceremony, to be held at the club's Striker's
        51 words
      • Article
        Join the jungle dub
        26 17 THERE'S wildlife, and there's wild life. Seen on a magnetic badge, the kind you stick on the fridge "Encourage wildlife. Have kids."
        26 words
      • Article
        Overlooked
        43 17 WERE the printers of Marco Polo hotel's menus feeling somewhat overworked? One of the items in the Brasserie's menu is a fancy dessert that starts off as "over-baked strawberries..." Or maybe the chef didn't want to raise the diners' expectations too high.
        43 words
      • Article
        Straight talk
        44 17 A JOB-SEEKER, in his application form, wrote this in the space which asked why he left his previous job: "I told those fools at all levels what a mess they were making of the business, and they chose to call me redundant."
        44 words
      • Article
        Staying power
        33 17 Heard over the BBC: What's the difference between English league champions Arsenal and a teabag? A teabag stays longer in the cup referring to Arsenal's humiliating exit from the FA Cup.
        33 words
    • OPINIONS
      • Article
        How relevant is a business education?
        837 18  -  How effective are business school programmes, asks Sree Kumar Sree Kumar The writer, formerly a management consultant, is currently a research fellow at the Institute of Southeast Asian Studies. The views expressed are entirely his own. THERE is now a proliferation of business school
        837 words
      • Article, Illustration
        Lock icon Do more to curb spread of N-arms
        669 18  -  The long-range weapons in Kazakhstan make it potentially the largest nuclear power in Asia. Gerald Segal takes a look at the risks of nuclear weapons proliferation in the region Gerald Segal The writer is a senior fellow at the Institute of International Strategic
        IHT  -  669 words
      • Article, Illustration
        Lock icon For the sake of the children and nation... consume!
        968 18  -  If any word describes our society, our culture, it's consumer, says Eddie Guo Yee Woo Eddie Guo Yee Woo TO the thousands of tourists who visit our clean and green island, the 'S' in Singapore stands for shopping. In the absence
        Punch  -  968 words
    • SPORTS
      • Article, Illustration
        Lock icon England regains confidence
        775 19 Cricket World Cup Reuter LONDON As the Springboks return to the full international cricketing stage, it is towards two exiled South Africans that England will look when the World Cup opens in Australia and New Zealand later this month. While other batsmen, especially captain Graham Gooch, will
        Reuter  -  775 words
      • Article
        Lock icon New Zealand team facing an uphill task
        437 19 Reuter WELLINGTON New Zealand, still struggling to adjust to life after Hadlee, faces a demanding task even with home advantage to qualify for the semi-finals of the cricket World Cup. The retirement of Sir Richard Hadlee after the 1990 tour of England marked
        Reuter  -  437 words
      • Article, Illustration
        Lock icon A fight which Mercer never dreamt of
        712 19 AP ATLANTIC CITY, New Jersey Fighting Larry Holmes never entered Ray Mercer's mind when he got involved in boxing. Mercer was a soldier preparing to move out for winter manoeuvres in Germany in 1983 when a volunteer was called for to spar with
        AP  -  712 words
      • SIDE LINES
        • Article
          Ferrari signs up Niki Lauda as adviser
          134 19 MARANELLO, Italy Ferrari has recruited three times Formula One champion Niki Lauda as an adviser, and unveiled its new F92A racing car. Team manager Claudio Lombardi said on Thursday that Lauda had agreed to do what he could to haul Ferrari back to
          134 words
        • Article
          For sale — Soviet ski jackets
          136 19 For sale Soviet ski jackets LES SAISIES Want to buy a second hand ski jacket that may grow in value as it gets older? Collectors of memorabilia might be interested in a flamboyant number being sported by athletes and officials of the Commonwealth of Independent States (CIS) Olympic team. The
          136 words
        • Article
          Deb Richard eyes the jackpot
          101 19 FORT LAUDERDALE, Florida If Deb Richard comes up with the right numbers tomorrow, she'll win the Ladies Professional Golf Association's version of the lottery a US$l million bonus awarded to the winner of the two Phar-Mor sponsored tour events. Richard, who won The Phar-Mor at
          101 words
        • Article
          Seles rebuffs Connors' dare
          125 19 ESSEN, Germany Monica Seles, the world's top-ranked female tennis player, said on Thursday she would refuse Jimmy Connors' dare to put up a million dollars to play him in a winner-takes-all "battle of the sexes". Seles told reporters she thought she could beat Connors without a
          125 words
      • Article
        Lock icon Japanese car makers dominate motor sport
        623 19  -  In a short few years, and on the strength of massive investment, Japanese car makers have emerged from nowhere to take control of motor sport. Eric Scherer reports Eric Scherer AFP TOKYO Japanese car makers have sharpened their competitive edge and earned big financial
        AFP  -  623 words
    • EPICURE
      • Article, Illustration
        Teas, sweets and more teas
        589 20  -  Quek Swee Peng luxuriates in Rose Veranda, Shangri-La's new tea lounge Quek Swee Peng WE WALKED up the thickly-car-peted staircase. The cheongsamclad maitre d' smiled warmly. With minimal fuss, she showed us to a table by the heavily-draped window. While we strolled along the floralprinted
        589 words
    • LIFESTYLE
      • Article, Illustration
        Let's talk about shape, baby
        628 21  -  Nissan's latest Bluebird is a pretty hot chick. Samuel Ee gets a feel of its new curves Samuel Ee There was a time not too long ago when the Nissan Bluebird used to be a Datsun Bluebird, and was the favoured wheels of swarthy, unsavoury-looking
        628 words
      • Article, Illustration
        Making sense of the new Tuscan reds, Italy's non-conformist wines
        923 21  -  An official seal of authenticity may not mean excellence WINE By N K Yong IT IS characteristically Italian that some of their best wines cannot carry the official seal of authenticity the DOC or the stricter certification, the DOCG. Since
        923 words
      • Article, Illustration
        Carefully timed safety play ensures the slam
        239 21  -  BRIDGE By Sybil Holloway THE South declarer played well to make his contract of the small slam in hearts. West led the C Q, South's ace winning. The H A dropped the queen from West and when West discarded a spade on the
        239 words
    • PEOPLE
      • Article, Illustration
        View from the Summit
        199 22 NO DOUBT The Fourth Asean Summit was a serious affair. After all, it isn't often that Asean's six heads of government meet to assess the regional grouping's progress; the last summit in Manila was all of five years ago. And this summit, held in Singapore a
        199 words
    • PURSUITS 1
      • Article, Illustration
        First among equals
        555 22  -  Child geniuses can be more child than genius, as Claire Leow cfiscovers after watching Little Man Tate Claire Leow Geniuses are often insane, or so they say. They forgot to mention geniuses can be precocious, especially if they are children. Jodie Foster's Little Man Tate centres around
        555 words
      • Article, Illustration
        Lock icon Sweet on you
        440 23  -  Jaime Ee goes shopping for her true love Jaime Ee J; F YOU deign to stop digging through your yu sheng for that elusive sliver ofiraw fish, it might come to your attention that Valentine's Day is around the proverbial corner. While there are those who would
        All photos by Chris Loh  -  440 words
    • PERSONAL FINANCE & INVESTMENT 1
      • Article, Illustration
        LKHS to benefit from stable outlook for building industry
        981 24  -  STOCK Analysts say the company is a worthwhile buy, reports Lilian Ang Lilian Ang THE consensus among quite a few analysts is that the public share offer by construction group Low Keng Huat Singapore (LKHS) is "one of the better ones".
        981 words
      • Article, Illustration
        A better run-up at KLSE
        573 24  -  Strengthening ringgit helps performance By Goh Hiang Fong The writer is head of research, Lum Chang Securities Pte Ltd SINCE the beginning of the year, the Kuala Lumpur stock market has enjoyed a relatively better run-up than the Singapore market. Measured by the KLSE Composite
        573 words
      • Article, Illustration
        Lock icon It may not be all doom and gloom Down Under
        501 24  -  Chew Eng Han says the A$ may be a calculated bet' Chew Eng Han THINGS have never looked bleaker Down Under. With Australian unemployment at dou-ble-digits, and consumer confidence at an all-time low, Australia is probably going through one of
        Source: Commonwealth Bank of Australia; Source: TeleTrac  -  501 words
      • Article, Illustration
        Lock icon Sterling may be in narrow ERM bands after elections: analysts
        651 24  -  Phil Smith explains why either party will send the same signal Phil Smith Reuter STERLING is set to move to narrow 2.25 per cent bands within the European exchange rate mechanism (ERM) soon after this year's general election regardless of
        Reuter  -  651 words
      • Article, Illustration
        Lock icon New lease of life for palm oil industry
        722 25  -  After a technological breakthrough, the palm oil industry no longer has to worry about having limited uses. Magdalene Ng reports on opportunities for the industry found in a non-edible industrial product called oleochemicals Magdalene Ng The green movement has given Malaysia's palm
        Source: Kim Eng Securities  -  722 words
      • Article
        Consplant, KL Kepong likely to benefit from revived interest
        408 25 C, ON SOLI DATED Plantations and Kuala Lumpur Kepong are two companies which should, benefit from the revival of interest in the palm oil industry. Kim Eng Securities says in its sector note that both Consplant and KL Kepong's performances should
        408 words
    • JOBS
      • Article, Illustration
        When it's best to work at home
        987 26  -  For many executives, staying put in the homeland makes good economic sense at least where living costs are concerned. Anna Teo has the details Anna Teo IF LIVING costs were the only consideration, the Singaporean executive would be best off staying put working
        987 words
      • Article, Illustration
        EXECUTIVE MOVES
        385 26 Mr Robin Tan has been appointed Managing Director of Data General Corporation's Asia South operations. Mr Tan has more than 10 years of experience in the information technology industry. He will be responsible for Data General's operations in Singapore, Malaysia, Thailand, Indonesia, Philippines, Brunei and the Indian subcontinent
        385 words
      • Article
        Lock icon The gadfly CEOs want to swat
        1077 26  -  Graef S Crystal is the man many corporate heads in the US love to hate. Alison Leigh Cowan reports on a rebel with a cause Alison Leigh Cowan NYT The corporate chief executives who gathered last month for a conference at Northwestern University's business
        NYT  -  1,077 words
    • Article
      AIRCRAFT ARRIVALS AND DEPARTURES
      1170 27 Crty CT ETD City FlgM ETA FHgM ETD Mm MuM GA97I 0950 MH605 1020 SQ104 0830 SQ105 1050 MH670 0950 0™ 2010 2115 MH642 1220 SQ106 1045 SQ227 2130 SQI07 1305 SQ108 1145 »WW— SQ19 0805 SQ24 0115 SQ109 1405 MH641 1315 KL837 1340 KL838 2325
      1,170 words
    • THE TRAVEL PAGE
      • Article, Illustration
        Quick side trip out of London
        599 27  -  LETTER FROM BRIGHTON By Tong Suit Chee YOU have been to London umpteen times, seen its top attractions, shopped till you drop at Oxford Circus and are looking for new places to explore. Perhaps, a side trip to Brighton, 80 km south-east of London
        599 words
      • Article
        MONEY CHANGER RATES
        152 27 As at 3pm yesterday: Local dollars to one unit of foreign currency Currencies Bid Offer Australian dollar 1.209S 1.2265 Canadian dollar 1.3618 1.3893 NZ dollar 0.8717 0.9069 Sterling pound 2.9397 2.9795 US dollar 1.6200 1.6280 Local dollars to 100 units of foreign current-} Austrian schilling 14.45 14.75
        152 words
      • Article
        WORLD TRADE EXHIBITIONS
        84 27 Duration Title Venue Organiser Tel Mar 10-12 Cad cam NEC. EMAP Intl 071-*****47 1992 International Birmingham Exhibitions Ltd (fax) Show Mar 10-13 3rd Bangkok Shangri-La Headway Trade 852-*****64 1992 International Royal Orchid Fairs Ltd (fax) Jewelry Fair Sheraton Hotels, Bangkok Duration Title Venue Organiser Td Mar 12-22
        84 words
    • TIME OFF
      • Article
        THEATRE
        165 28 Chinese Music Evening Conductor Lim Yau Soloists Wu Xiaozhone (guanzi) Knn, 7h,r.frZ:nTC gramme includes He Zhao Hao's Butterfly Lovers Violin Concerto: Zhao Jiping's Guanzi Concerto Silk Road Fantasia; and Huang An Suite. Ton^t V 8 \°5 r pm' onCert Concert: Saxtet Made up of four young saxophonists, Saxtet is
        165 words
      • Article, Illustration
        EXHIBITIONS
        230 28 The™ and Back: Londoners f rwnpon WI Some 47 framed poster col- lection on the theme of transport in and around London will be featured. The exhibition also contains fine exampies of commissioned work from the 'golden age' of post««Wp| j» Well-known graphic art wV• JL v fr rr
        230 words
    • Article, Illustration
      CINEMA
      562 28 Cover-up. Dolph Lundgren is the tough ex-marine and reporter on a dangerous assignment in which he finds an old lover, an old enemy and an old friend who gets murdered. Cathay 2: 11; 1.30; 4; 6.45; 9.15 Iron and Silk. Young American who sees too many gongfu movies travels
      562 words
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  • Page 18 Miscellaneous
    • Miscellaneous
      Page 18 Miscellaneous Column 1
      73 18 DOONESBURY by garry trudeau I $>AT OUCHAMN, UNPtRFIRE J 1 IHAVS A V/QOUS SMEAR HEY. GUY. IF BUT MR BUCHANAN. HOU/PO YOU ANP K COMES FROM A UT- UM...IS IHAPBEEN THO&S-. OKAY, 501 RESPONP TO CHARGES FROM TIB GUTTB&NIPE SO TWO- THAT A A MEMBER THEWS EXPERIMENTED QAVIP PUKE THAT
      73 words
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  • Page 20 Advertisements
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      Page 20 Advertisements Column 1
      794 20 Ps™ Nothing Beats A Bud where to wine, dine rnirwrrT ooiffieejf SUNDAY TEMPTATIONS Every Sunday, Nutmeg's brings to you exquisite culinary surprises, fine wines and champagnes and the relaxing chords of our jazz musicians. Seafood delicacies, Sunday favourites, local specialities and even a touch of American, await the family for
      794 words
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      Page 20 Advertisements Column 2
      285 20 1 tw M The freshest salmon, smoked to L m fperfection. Marinated Prawns, rs. /z m JmJ Pickled Herrings, Rock Oysters and other Scandinavian favourites are in our sumptuous buffet. You 11 fall for it hook, (jSTh\ line and sinker. —I J Ala ctrte Continental dinner TX« W j/ mghtjyjrom
      285 words
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  • Page 21 Advertisements
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      Page 21 Advertisements Column 1
      294 21 AND ENTERTAIN iLmlu ■rv I Ra Shai Masc For the fresh and flavourful taste of Japanese haute cuisine only at Unkai Japanese Restaurant. Lunch 12 noon to 2.15 pm Dinner 6.30 to 10.15 pm. Jli. ANA HOTEL For reservations, SINGAPORE please call 732-1222 ext 1589. 18 Jg It's an all-American
      294 words
    • Advertisement
      Page 21 Advertisements Column 2
      65 21 CHINESE NEW YEAR AT jgWENfc MARINA BAY china china restaurant 4 Set menus from $8872 persons to $*****0 persons A la carta menu from $14 to 60 per dish NISHIKI JAPANESE RESTAURANT PJbL Set menus from $30* $357 person Yon *>*1 hM*t to bt m mumthtr te tn/oy fin* 4uu*t
      65 words
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  • Page 22 Advertisements
    • Advertisement
      Page 22 Advertisements Column 1
      255 22 P. ff KD M ■V P* m—M M m w I M :h up with the world's top sporting events every week on ay Weekly Singapore's first and only Chinese-language ikly for students. ay Weekly will also dazzle you with the latest and hottest on our heart-throb movie and singing
      255 words
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  • Page 25 Advertisements
    • Advertisement
      Page 25 Advertisements Column 1
      80 25 MODERN Lianhe Zaobao (March 2,1992) TheStraitsTimes (April 6,1992) your chance to advertise in a special feature that will enhance your products or services.. .and to reach out to your target audience effectively. Our feature on MODERN OFFICE is geared to attract a brge number of readers with its extensive coverage
      80 words
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      Page 25 Advertisements Column 2
      805 25 &Lucky Draws I VH It't Ml, Hoe* I i»m Ftaan'i It Fiaaacc's hw GMi aad Uck; Draws programme with a wider nip at gift* H a! n mar* eiddag priaaa. FREE GIFTS GRAND LUCKY DRAW Fran IS Au(ua 1991 m 29 February 1992, All ticker, qialrfy far the Graid Lucky
      805 words
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      41 27 Discover the lengths Finnair go for just one price. A superb twice-weekly service from Singapore direct to Helsinki and daily connections to over 35 European destinations- all for one price. Call *****77 for details. We knew Europe froai atari to Finnish.
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      8 27 Appointment Ads An r«i I. ii cTTOGIIVe Contributor
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      94 27 weekaiider '•DRUM I WIDOW of a driver who died because he drank: I cried tears of sorrow. And shed tears of angerthat he could have done this to us. To have left us all behind. To have only thought of himself and his pleasure. REPORTER after meeting a former drunk-driver
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  • Page 27 Miscellaneous
    • Miscellaneous
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      250 27 7 Pass over charge to see a 8 Get on B road by mistake mJ 10 "A woman in depression can be clinging (8) I'* Deplore crack about exer- JHi 12 A key it's used for I I 1 I J I I opening though not in agreement HHm the
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      171 27 Singapore Outlook: Fair except for showers over a few areas in the late afternoon. Report Maximum temperature 32.7 Assoc humidity 60% Minimum temperature 24.1 Assoc humidity 98% Hours of sunshine 10.70 Rainfall in mm Nil Rainfall this month Nil Rainy days this month 0 World forecast Asia-Pacific Hi/Lo* Cond. Auckland
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      16 27 this job sons Becnuse no fvMOTneR. BORING DW... FOS anything.... 8606 ASSOCIATED NEWSPAPERS LTD.. IM2-IM2 o*>Qv-»
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  • Page 28 Miscellaneous
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      1813 28 TODAY'S TV ■pPfmHB ■WVWfVPWiHH 11.30 TV Pendidikan. NN Newt. PM Kisah Dm Meiodi. Semua Sayang Challenge the 110 Sabah ,ndah--12.30pm, SBC 5 w Bersama 2.00 Stitrctod Plays. themselves switched in the the oceans, has Of 3.00 AIDS (Documentary), maternity ward. Turns out it gone beyond being a place to Jk*g
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      642 28 MOVIES ON TV Ba Qian Li Lu Yun Ha Yue, anything but slips up when a Mon, 10.30pm, SBC 12 rare moment of indiscretion Black and white movie made s photographed and she is in 1947, about the adven- blackmailed. To add to her tures of a performing troupe scandalous
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