The Business Times, 25 July 1992
1992-07-25
1
32
https://www.nlb.gov.sg
https://eresources.nlb.gov.sg/newspapers/browse/biztimes
The Business Times
-
Title Section17 1992-07-25 1 Business Times MITA (P) 35/12/91 Weekend Edition. Julv 25-26 1992 THE 81/SINESS PAPER FOR S-E ASIA 75*17 words
-
NEWS & MARKETS SUMMARY
-
Article31 1992-07-25 1 WALL STREET stock prices declined yesterday, with the Dow Jones index of 30 leading industrials dropping 11.10 points (0.34 per cent) to 3,278.94 five minutes after the market opened.31 words
-
Article39 1992-07-25 1 SHARE prices were lower at midday yesterday on the London Stock Exchange. At about 1115 GMT, the FTSE 100Share Index was down 21.4 points, or 0.8 per cent, at 2,378.1. Volume at midday was 259.7 million shares.39 words
-
40 1992-07-25 1 WASHINGTON Orders rose in June for a broad range of durable goods, from industrial machinery to defence items, wiping out a big drop in orders in May, the US Commerce Department said yesterday.40 words
-
41 1992-07-25 1 TOKYO Sales at Japan's 7,501 supermarket stores fell 1.1 per cent from a year earlier to US$9.5 billion (5515.2 billion) in June, marking the first decline in 69 months, the Japan Chain Store Association said yesterday.41 words
-
Article28 1992-07-25 1 SINGAPORE banks are fighting for a bigger slice of the home and shop renovation market, currently worth $2 billion a year and growing fast. Page 228 words
-
Article43 1992-07-25 1 INCREASING losses in the state sector, a growing mountain of unsold goods and sheer overspending by local authorities look likely to put China back in the red, despite higher revenues this year, said Finance Minister Wang Bingqian Page 743 words
-
Article38 1992-07-25 1 NERVOUS underwriters in Hongkong have cancelled a proposed HKSI.4 billion (*****.1 million) placement of Bank of East Asia (BEA) shares. Rumours of the aborted BEA placement contributed to market jitters in Hongkong. Page 338 words
-
Article, Illustration29 1992-07-25 1 Friday Change BT-MGA 679.76 -12.10 Kuala Lumpur ....593.53 -8.71 Tokyo 15,497.79 -542.15 Hongkong 5,772.76 -144.40 Sydney 1,609.6 -1.1 Tharsday Change New York 3,290.04 +12.43 London 1,808.1 +5.129 words
-
Article20 1992-07-25 1 USS SS 1.6140 100 Yen SS 1.2689 Mmmv iiiariiat raits 85 ***** Overnight 2 1/2 +1/4 3-month 2-3/16% unch20 words
-
Article32 1992-07-25 1 Ltadaa M AM fix US$357.90 -USS1.40 142.75Vkg -0.25 M'sia Aug 221 Vkg unch ml Hi Turnover 45 tonnes +1 Spot M$17.3(Vkg +0.03 Cnii pain <8 Turnover l,170lots -557 Aug MS854/tonne +132 words
-
-
520 1992-07-25 1 Amy Balan - Decision follows Nikkei's 542-point plunge; Asian bourses hit By Amy Balan SINGAPORE After seeing the Tokyo stock market sink to yet another six-year low, Japanese government and ruling Liberal Democratic Party (LDP) officials agreed at an emergency meeting late last night to adopt520 words
-
Article59 1992-07-25 1 WASHINGTON Iraq yesterday stared at renewed allied military attacks alter the US, Britain and France agreed to press for a quick public ultimatum demanding that it comply with Gulf War ceasefire agreements or face military action. Bush Administration officials confirmed a Washington Post report that59 words
-
Article, Illustration481 1992-07-25 1 Leslie Lopez - From Leslie Lopez in KUALA LUMPUR AFTER taking almost a year to build a controlling stake in Malaysia's Innovest Bhd, diversified conglomerate Malayan United Industries Bhd (MUI) surprised the market yesterday by announcing that it had disposed of its entire holdings in481 words
-
311 1992-07-25 1 Conrad Raj - By Conrad Raj SINGAPORE Singapore Airlines shareholders look set for a bonus issue or share split after today's annual general meeting of the national carrier. A resolution by a group of shareholders, asking directors to take steps to make311 words
-
457 1992-07-25 1 Lee Han Shih - Company proposes to distribute excess cash By Lee Han Shih SINGAPORE Faced with limited growth in its core businesses, listed trader Inchcape Bhd yesterday said it has decided to return $109 million to its shareholders. Inchcape's new chief executive Richard Martin announced that457 words
-
Page 1 Advertisements
-
Advertisement154 1992-07-25 1 Nikon -nmrnmnm* i)<m COVER 1 REVIEWS l PURSUITS I PURSUITS FINANCE The C limate not Gutsy belles, IVI Sartorial tips New from PE ratios: Games ripe for steamy thriller, I for tea el 6 Nissan el 7 myths and people privatisation adult angst el 3 Israel from More from facts154 words
-
Advertisement336 1992-07-25 1 gmk mm mm Nikdn TtrnmAfmnm wmipimn Mi" Asean urged to take a harder line with Myanmar, Pg 2 Hock Lock Slew: Big Four should go for regional takeovers, Pg 3 One of the great designs of this century And probably the next. The Royal Oak, band-made and individually numbered with336 words
-
-
PAGE 2 NEWS
-
570 1992-07-25 2 Chuang Peck Ming,Al Labita - Asean Post-Ministeriai Meeting Rich nations link economic aid to human rights reforms Reports from Chuang Peck Ming,Al Labita in MANILA TO THE dismay of Asean officials meeting in Manila, the United States, Japan and the European Community have prodded Asean to570 words
-
Article, Illustration407 1992-07-25 2 JAPAN has proposed a plan under which Tokyo will channel money through Asean to help resettle Cambodian refugees, about 250,000 of whom are stranded on the Thai border. In a statement yesterday at the Asean post-ministerial conference, Japan's ViceMinister for407 words
-
213 1992-07-25 2 THE United States and the European Community have pledged to press on and bring about a successful conclusion to the Uruguay Round of trade talks, but the US said many Asean countries must also do their part by widening213 words
-
330 1992-07-25 2 AP, AFP THE United States has said it will continue to play a role in the security of Asia, even as Japan said it wants the US to remain the chief guarantor of Asian security and has no ambition toAP,; AFP - 330 words
-
399 1992-07-25 2 Kooi Cho Teng - By Kooi Cho Teng SINGAPORE Fresh out of a heated battle to finance the sale of Housing and Development Board (HDB) shops, Singapore banks are locked into yet another struggle. This time they are fighting for a bigger slice399 words
-
300 1992-07-25 2 Schutz Lee - By Schutz Lee SINGAPORE The province of Hebei in north-east China has set up a joint venture here with a Singapore company to facilitate its trade with this region. This was revealed at a press conference yesterday by300 words
-
336 1992-07-25 2 Kenneth James - By Kenneth James SINGAPORE The Republic must ensure that investors from the three major regional groupings North America, the European Community and the Asia-Pacific area have a more or less equal stake in Singapore, DBS Bank's head economist said in336 words
-
Article, Illustration208 1992-07-25 2 SINGAPORE Singaporeans got a glimpse yesterday of the Australian real estate that a Japanese developer is prepared to sell at "halfprice". More than 60 invitees turned up at a Hyatt hotel presentation on the disposal of 48 houses and 18 waterfront208 words
-
SINGAPORE ROUNDUP
-
112 1992-07-25 2 THE National Trades Union Congress may set up an execu-.. tives union if employers continue to object to executives joining rank and file unions, said NTUC chief Ong Teng Cheong last night at a union's anniversary dinner. The second deputy prime112 words
-
Article98 1992-07-25 2 UNLIKE the Singapore Democratic Party (SDP), the Workers' Party (WP) holds the view that Singaporeans should have more choices than two political parties. Whether the Singapore political system evolves into a two-party system., is for Singaporeans to decide, the WP said in response to' remarks by98 words
-
Article113 1992-07-25 2 THE Singapore Institute of Management (SIM), the Minis- V try of Education and the British Open University last month signed a memorandum of understanding for SIM to conduct Open University degree programmes in Singapore. The agreement, signed in Milton Keynes in Britain, provides for a113 words
-
Article77 1992-07-25 2 THE Singapore Manufacturers Association (SMA) has es- tablished links with similar organisations in Western Aus-.~ tralia and South Australia. SMA executive director Chin:' Teck Huat said the ties forged when he represented the;. Republic in Melbourne this week at the international busi- ness conference Asia77 words
-
Article39 1992-07-25 2 THE Ministry of Health has organised a two-day seminar./ on the safety and quality of pharmaceutical products. The i Seminar on Quality Assurance of Pharmaceutical Products begins today at the MOH College of Medicine building.39 words
-
-
-
Page 2 Advertisements
-
Advertisement35 1992-07-25 2 YOUR DAILY GUIDE The Straits Times Classified. The only buyer's/ seller's guide that's updated everyday. Whether you need a house painter or art instruction, Classified has what you're looking for! Just call 737-1166. CJLTJ. 1737-11—I35 words
-
-
COMPANY NEWS 1
-
Article, Illustration415 1992-07-25 3 Sylvia Wong - Company planning four to five acquisitions By Sylvia Wong SINGAPORE Armed with HK$l billion (*****.7 million) cash, CDL Hotels International Ltd has begun an aggressive expansion campaign that will give it "instant identity and credibility", says chairman and managing director Kwek Leng415 words
-
260 1992-07-25 3 Bernama KUALA LUMPUR YTL Corporation Bhd yesterday announced improved results for the year ended June 30, 1992, and a proposed one-for-five bonus issue. Its managing director, Datuk Francis Yeoh Sock Ping, said that group pre-tax profit increased 37.3 per cent toBernama - 260 words
-
311 1992-07-25 3 Genevieve Cua - By Genevieve Cua SINGAPORE Singapore Press Holdings (SPH) has paid $1.5 million for a 49 per cent stake in a video services company, Movielink (Singapore) Pte Ltd. Announcing this yesterday, SPH chief operating officer Denis Tay said that the SPH group is311 words
-
Article, Illustration134 1992-07-25 3 SINGAPORE United Industrial Corporation (UIC) has appointed former attor-ney-general Tan Boon Teik as a director of its main board and that of its property arm, Singapore Land. Mr Tan, 63, joins nine other directors on the UIC board, which is headed by Wee Cho134 words
-
Article190 1992-07-25 3 Bernama KUALA LUMPUR YTL Corporation Bhd, which recently failed to list its whollyowned subsidiary, YTL Industries Bhd, on the Kuala Lumpur Stock Exchange main board, is now eyeing a listing on the second board. "We submitted our application one or two months ago; maybe itBernama - 190 words
-
467 1992-07-25 3 William Chia - By William Chia SINGAPORE Malaysian stockbroking group Rashid Hussain Bhd (RHB) has proposed an issue of new Transferable Subscription Rights (TSRs) to compensate existing TSRs holders who stand to lose out with a proposed one-for-two bonus issue. RHB TSR holders, mainly institutional467 words
-
178 1992-07-25 3 SINGAPORE First Capital Assets (FCA), a whollyowned subsidiary of First Capital Corporation (FCC), is selling its stake in its Philippine subsidiary to Guoco for US$B.6 million (5513.8 million). Guoco is the ultimate holding company of the FCC group, whose Philippine company is called First178 words
-
609 1992-07-25 3 S N Vasuki - THE HOCK LOCK SIEW COLUMN Opportunities such as those available now may not knock again By S N Vasuki SINGAPORE The time has surely come for Singapore's Big Four banks to flex their muscles in the region. They have the cash lots of609 words
-
COMPANY BRIEFS
-
37 1992-07-25 3 SINGAPORE Trading in the 82 million shares of Eltech Electronics Ltd will begin on July 30 on Sesdaq, a circular from the Stock Exchange of Singapore announced yesterday.37 words
-
Article37 1992-07-25 3 SINGAPORE Sembawang Shipyard, a member of the Sembawang Group of Companies, has been awarded a multi-million-dollar contract by Bluewater Terminal Systems NV to convert Lan Shui into a floating storage and offloading vessel.37 words
-
Article58 1992-07-25 3 SINGAPORE Focal Finance recorded a 79 per cent jump in after-tax profits to $3.6 million for the half-year ended June 30, 1992, as compared to $2 million for the previous corresponding period. Gross operating income rose 16 per cent to $18 million while earnings per58 words
-
Article57 1992-07-25 3 SINGAPORE Khong Guan Flour Milling Ltd, boosted by profits from its subsidiary companies, recorded after-tax profits of $81,000 for the year ended April 30, 1992, as compared with a $619,000 loss the previous year. Turnover, however, fell by 9 per cent from $4.6 million57 words
-
Article46 1992-07-25 3 SINGAPORE First Equity Land Pte Ltd, a subsidiary of First Capital Corporation, has changed its name to Chiltern Park Development Pte Ltd. First Capital has also incorporated two new subsidiaries First Tampines Land Pte Ltd and First Simei Development Pte Ltd.46 words
-
-
COMPANY BRIEFS
-
106 1992-07-25 4 DALLAS LTV Corp said on Thursday that Loral Corp intends to buy its missile business, potentially bringing the company a step closer to emerging from bankruptcy. The proposed deal, valued at US$45O million (Ss73B million) in total, comes two weeks after a106 words
-
Article60 1992-07-25 4 MADRID The Kuwait Investment Office (KIO) is prepared to inject US$4O million (5565.6 million) into the troubled Spanish chemicals group Ercros SA over three months for immediate operative needs, Spanish Industry Minister Claudio Aranzadi said. He told Congress that during this period, the group's longer-term60 words
-
Article75 1992-07-25 4 MILAN A decree to put the repayment of debts in state holding Efim on an official footing will be published swiftly, said the head of the Italian Treasury body that will play a central role in guaranteeing the debts. "We are looking at a75 words
-
Article53 1992-07-25 4 HONGKONG Smart Com Ltd. a Sun Hung Kai Proper-ties-led consortium, has won a licence to operate Hongkong's fourth cellular mobile telephone network, said Mike Pagliari, postmaster general. The consortium plans to launch a GSM digital mobile radio telephone service in Hongkong by January 1993, he said53 words
-
Article64 1992-07-25 4 AMSTERDAM Plane-maker Fokker said it was close to an agreement with Deutsche Aerospace (Dasa) on the German company's acquisition of a 51 per cent stake in Fokker. Fokker and Dasa have been talking for months about an alliance as part of a plan to bring64 words
-
60 1992-07-25 4 NEW YORK Strong gains from Walt Disney's film and consumer product divisions propelled the company's thirdquarter net earnings 33 per cent higher on revenues which grew 23 per cent. For the three months to end-June, Disney posted net income of U*****.8 million (*****.1 1 million),60 words
-
Article69 1992-07-25 4 NEW YORK A securities broker who preyed on Pakistani and Indian investors pleaded guilty to federal charges that he defrauded clients and the State Bank of India out of more than US$3 million (554.92 million), prosecutors said on Thursday. The government alleged that broker Deepak69 words
-
-
414 1992-07-25 4 NYT NEW YORK Underscoring its renewed vigour almost a year after the Treasury market scandal rocked the firm, Salomon Inc reported on Thursday that its earnings for the second quarter climbed more than 18.5 per cent from the comparable period last year. For theNYT - 414 words
-
230 1992-07-25 4 Bloomberg TOKYO This autumn, Tokyo teenagers may flaunt a new fashion: Ronald McDonald sweatshirts and handbags. Trading giant I toman Corp has won the exclusive Japanese rights to make and sell goods featuring Ronald (actually renamed "Donald" in Japan) and his other make-believe friends.Bloomberg - 230 words
-
358 1992-07-25 4 UPI NEW YORK RJR Nabisco Holdings Corp, citing growth in its food and international tobacco businesses, on Thursday reported its sec-ond-quarter net income climbed 10 per cent to US$B7 million (SSI4O million), or 6 US cents a share, from US$79 million, or 3 USUPI - 358 words
-
341 1992-07-25 4 Catherine Ong - From Catherine Ong in HONGKONG NERVOUS underwriters in Hongkong cancelled a proposed HK.SI.4 billion (*****.1 million) placement of Bank of East Asia (BEA) shares, as the territory's stock market continued to fall yesterday, in line with worldwide decline in equities.341 words
-
492 1992-07-25 4 Reuter NEW YORK Financial results reported by major US airlines on Thursday showed that the industry continued to spill red ink from the recent fare war. Delta Air Lines said it lost US$5OO million (SsBos million) during its just-complet-ed financial year,Reuter - 492 words
-
473 1992-07-25 4 NYT DALLAS Exxon Corp, Texaco Inc and Occidental Petroleum have reported lower earnings for the second quarter, reflecting troubles in refining and chemical operations that suffered from weak demand in sluggish global economies. Exxon, the world's largest oil company, said on Thursday that profitsNYT - 473 words
-
350 1992-07-25 4 NYT NEW YORK Digital Equipment Corp, the huge and troubled computer maker whose founder and longtime president resigned last week, has reported a loss for its fourth quarter of US$l.B5 billion (552.97 billion) and a loss for the fiscal year of US$2.BNYT - 350 words
-
367 1992-07-25 4 Reuter LONDON Heavily-in-debted private UK retailing group Isosceles pic has reached agreement in principle on amendments to its financing agreement with its senior and mezzanine lenders and major holders of ordinary and preference shares. Isosceles said on Thursday that it has also agreed onReuter - 367 words
-
-
Page 3 Advertisements
-
Advertisement490 1992-07-25 3 S'pore sharply lower 9 Malaysia plummets 12 Nikkei at six-year low 15 i|(L Keppel vi JS Integrated Engineering Ltd I (Incorporated in the Repubtc of Singapore) I Invitation In reapect of 75,000,000 ordinary shares of $0.50 each I comprising I 30,000,000 Nsw Sharss and 36,000,000 Existing Sharas aa follows:I (s)490 words
-
-
Page 4 Advertisements
-
Advertisement40 1992-07-25 4 at GLAMOURETTE 300 ORCHARD ROAD #02-02 THE PROMENADE SINGAPORE xte.ni.iut iele.cti.on of evening tveax featuiing tfjvsi Saint Xau.\E.nt rive gauche t e [At. n '-7at/'az2( o nlcix ante. and otHe.% en and ad ie. Ca Cr e. C I u40 words
-
-
FINANCIAL NEWS
-
419 1992-07-25 5 Sign that debt crisis in lesser developing countries is ending Reuter NEW YORK Bankers Trust New York Corp's abolition of its specially-allocated Third World debt reserve signals that the 10-year-old Third World debt crisis is coming to a close, analysts said. Bankers isReuter - 419 words
-
284 1992-07-25 5 Knight Ridder BANGKOK The Bank of Thailand may abolish a rule that commercial banks hold government bonds in proportion to the number of branches they have. Soon, banks will not be able to comply with the rule because a declining supply of bondsKnight Ridder - 284 words
-
258 1992-07-25 5 Shoeb Kagda - By Shoeb Kagda SINGAPORE The Singspore International Monetary Exchange (Simex) will give clearing members a rebate of up to 50 per cent from Aug 3 if they trade a monthly minimum of 6,000 Eurodollar futures and options contracts. In a statement yesterday, Simex said members258 words
-
Article, Illustration704 1992-07-25 5 DBS Bank weekly currency review US$/DM: US dollar bears toning down? THE US dollar hit a low of 1.4463 marks on Monday, only 30 points away from its historic tow of 1.4433, before a surprise intervention by 11 central banks, repeated twice at higher levels,704 words
-
-
Page 5 Advertisements
-
Advertisement208 1992-07-25 5 'He surveyed the Saporiti in dead silence'^^^^, lll KMfT BHfR MS 24-2IMY Mr. Tan expects things done fast and perfect. So my reputation as an 9Mi NS6BHITffli HI HtfMllfffKl interior designer was at stake waiting for Saporiti to arrive at Pure Inspiration. I At last, it was here; and I208 words
-
-
Page 6 Advertisements
-
Advertisement180 1992-07-25 6 g! Business Times. Every new T) I 1 f II 1 I subscription you Business Before DreaKlast vzzstszsl f jMi Privilege Card or The HPL/ Although breakfast may boss' Business Times to get them before others do. UOB VISA Go d Card be the most important meal trickle through the180 words
-
-
THE REGION/THE WORLD
-
404 1992-07-25 7 Reuter BEIJING China's fiscal situation improved over the first six months of 1992 but a nation-wide buying spree threatens to widen the deficit in the second half, Finance Minister Wang Bingqian said. Mr Wang told officials that increasing losses in the stateReuter - 404 words
-
341 1992-07-25 7 Hong Lee Tiam - By Hong Lee Tiam SINGAPORE Thailand's embattled tourism industry announced new measures yesterday to bring back foreign visitors, who have stayed away in thousands since the May bloodshed in Bangkok. With hotels more than half-empty, tourism losses are estimated at nearly $13341 words
-
277 1992-07-25 7 AFP SEOUL A representative for South Korea's top conglomerates on Thursday told President Roh Tae Woo that Seoul should invest in North Korea before Japanese companies get their foot in the door, a spokesman said. Mr Roh, hinting at flexibility,AFP - 277 words
-
410 1992-07-25 7 UPI, AP BEIJING In another sign of support for economic reform, China has named a moderate official purged in the 1989 Tiananmen Square crackdown to head an industrial group for Shanghai's high-profile Pudong development project, a news report said yesterday. The state-runUPI,; AP - 410 words
-
Article, Illustration31 1992-07-25 7 JAKARTA Indonesian policemen trying to disperse about 300 people who were blocking a street here yesterday to protest against the government's plans to demolish their houses next month.31 words
-
718 1992-07-25 7 SWLANKAN Reuter COLOMBO The Sunday Observer, Sri Lanka's and South Asia's oldest newspaper, has gone through many phases in its chequered 158 years of existence. But it has never been accused of muck-raking or gutter journalism until HLD Mahindapala, a Sri Lankanborn Australian, tookReuter - 718 words
-
WORLD WATCH
-
54 1992-07-25 7 JAKARTA The Indonesian Parliament on Thursday pasyyi a new law protecting trademarks, the Jakarta Post said yesterday. The law will take effect in April 1993, providing protection for owners, and punishment of up to seven years in prison and 100 million rupiah (SS80,000) fines for54 words
-
Article, Illustration36 1992-07-25 7 MANILA A Manila court employee counting the 200,000 peso (S$ 12,000) security bond former Philippine First Lady Imelda Marcos was required to pay before being allowed to travel to Hongkong next week.36 words
-
Article54 1992-07-25 7 KUALA LUMPUR Part Japanese-owned Asian Rare Earth has Filed an appeal to the Supreme Court in a bid to overturn a July 11 local court order for its immediate closure because it was producing and storing radioactive waste that was endangering the health of residents,54 words
-
-
332 1992-07-25 7 AFP ABU DHABI Economic reforms in Arab states have started to produce results, with domestic investment rising sharply in the past two years, despite the Gulf War and turmoil in other parts of the region. An official Arab report released earlier this weekAFP - 332 words
-
-
Page 7 Advertisements
-
Advertisement138 1992-07-25 7 Yes, I'd Like To Do Business Before Breakfast. Please send me a 1-year home subscription of Business Times. I'd also like to enjoy a year's membership benefits of The HPL Privilege Card or The HPL/UOB VISA Gold Card offering discounts of up to 40% in over 80 outlets, including boutiques,138 words
-
-
THE WORLD
-
437 1992-07-25 8 Bush administration blames Congress for economic ills Reuter WASHINGTON White House economic advisers predicted on Thursday that the economy would grow only modestly before the November election and blamed the Democratic Congress for the economy's ills. "If the president's programme had been adoptedReuter - 437 words
-
Article, Illustration274 1992-07-25 8 Reuter WASHINGTON Vicepresident Dan Quayle, known for making verbal gaffes, was in hot water with his wife and abortion activists on Thursday for saying he would support his daughter if she were pregnant and chose to have an abortion. Anti-abortion groups who usuallyReuter - 274 words
-
233 1992-07-25 8 Reuter JOHANNESBURG South Africa's economy, undermined by a seemingly-un-ending recession, now faces further disruptions as black movements seek to mobilise people power to press demands for a rapid transition to non-racial democracy. Financial analysts question how much move of a battering the sanctions-ravaged economy,Reuter - 233 words
-
316 1992-07-25 8 John Helmer - From John Helmer in MOSCOW RUSSIA has finalised an agreement with the World Bank for a US$6OO million (***** million) loan to buy urgently needed imports. The money will be spent on pesticides, herbicides, phosphate fertilisers, veterinary medicine and spare parts for agricultural316 words
-
322 1992-07-25 8 Reuter WASHINGTON Latvia has become the first of the former Soviet republics to strike a deal with the International Monetary Fund (IMF) on a comprehensive plan to modernise its economy, monetary sources said on Thursday. They said the Baltic state hasReuter - 322 words
-
-
SHIPS IN PORT
-
Article516 1992-07-25 8 Vcssd fry Wo BUI fcrtwl topatat *«sel Voy Ho Berth Arm* Departs Marina Terminal 1 Phathana 188 05A, 92 P03 24 07/2359 26 07/0700 Satan Manj *****2 M03 25.07/2300 Sutra 10A/92 P05 25 07/0700 25.07/1500 Batam Murm *****2 M04 ator*sde 24.07/2300 Trans Star 63A P08B 25 07/1800516 words
-
Article1179 1992-07-25 8 RECEIVING OF EXPORT Fa CONTAINERS AND LCL CARGO Record Bookinc/Balsict fbfe Sip Voy No Etb/Btr Mod From To From A Venture 06/379 27/1100 i 24/1500 24/1659 24/1900 3 25/0700 25/1159 25/1400 4 25/1200 25/1459 25/1700 JaMt 95A 26/0100 2 24/1700 25/0659 25/0900 3 25/0700 25/1159 25/1400 AQUA 26A1,179 words
-
-
Page 8 Miscellaneous
-
Miscellaneous169 1992-07-25 8 TIDES AND WEATHER TODAY'S IPCS (height in metres) hou im mo pm mi moo csm wo otic mm mm imo hm im me Mw iSW iiw i7m»» nM2MinM22M23M 0.9 0.9 1.0 17 1.5 1.7 IJ U 1.7 1.5 1.3 17 17 1.2 14 16 20 27 2.5 2.5 24 71169 words
-
-
STOCK EXCHANGE OF SINGAPORE 1
-
Article, Illustration3018 1992-07-25 9 William Chia - By William Chia SHARE PRICES on the Singapore market ended the week sharply lower on concerns about fresh tensions in the Middle East and the gloomy outlook of major bourses overseas. The benchmark Straits Times Industrials Index fell below the3,018 words
-
Article, Illustration59 1992-07-25 9 Quak Hiang Whai - -Byt Quak Hiang Whai Comment AMCOL Holdings is on a downward trend after climbing from $1.60. The relative strength indices are neutral, while the near-zero stochastics point to an upward movement However, nine-day and nineweek moving averages still show bearish undercurrents. If support holds at $2.40, it maySOURCE: BRIDGE INFO - 59 words
-
-
Article2630 1992-07-25 10 Prima 650 20 +3.2% SLA Foreign 1720 +10 +0.6% SPH Foreign 1250 +10 +0.8% Alliance Tech 84 +9 +12.0% Semb Maritime 308 +8 +2.7% Shangri-La 478 +6 +1.3% Sunshine Allied 320 6 +1.9% UE 200 +5 +2.6% Lum Chang 50* 97 +3 +3.2% Inno-Pacific 50%2,630 words
-
Page 10 Advertisements
-
Advertisement131 1992-07-25 10 YOUR KEY TO BETTERBUSINESS DECISIONS! Shine is Singapore Press Holdings' inforich database financial statements highlights, graphs, latest results team: T. S. Lui on 740 1035, Hazel Ong on 740 1771 or UHB on Teleview, which incidentally is the most advanced and company news. Tony Chia on 740 1033. videotex! system131 words
-
-
Article2987 1992-07-25 11 Leader U 585 +5 +0.9% D&C Bank 50* 121 +1 +0.8% Faber Group 49 +1 +2.1% NST 273 +1 +0.4% Paramount 83V» +16 +0.6% Fiber Group 49 +2.1* Leader U 585 +0.9* +5 DAC Bank 50* 121 +0.8* +1 Paramount 83Vi +0.6* NST 273 +0.4*2,987 words
-
Page 11 Advertisements
-
Advertisement25 1992-07-25 11 JiyyU I"i V g&JSg K''-'.; N^PHPj AUGUST 1992 $4 50 HELP, I'M why are my PREGNANT! UNPRODUCTIVE? Baby L°W CUTSAND I jtf |^^^^^m^^22^2iJl^EU^B^E22!ni^^^E^H^Bs3^fflßE3^nonnflßPß i^ -p_25 words
-
-
BT SHARE INFORMATION SERVICE
-
Article288 1992-07-25 12 Cmpm, Date Grant Htt »tefrategOra? mm to pra«/teM (L) Hr «hv« «vMm< (•000) (e*te) CK Tang Jul 23 Mar 92 $3,802 ($6,552) 9.2(16.8) 6(6) Causeway Ju4 22 Dec 91 $358l($1.808) -(5.8) -(-> J Cement Jul 22 Mar 92 $10.044($3.126) 28.5(8.9) 12.5(7.5) IMC Hides Jul 17 Mar 92 HK$182.755($197.832)288 words
-
Article174 1992-07-25 12 Company Date Yoar Group pro-tax Not oaraiag* Crow aaa to profit/loss (L) par sfcara dhrMood (000) (coats) Sn Hartamas Jul 21 Dec 91 M5955l(514.874l) GP Batteries Jul 2 Mar 92 $15,492(514.186) 41.3(47.9) 188TE(176TE) Pelangi Bhd Jul 1 Mar 92 M537.824(522.583) 11(9) 15(10) WnsHyd Jun 30 Oec 91 M516.366(510,764l)174 words
-
Article177 1992-07-25 12 C»m»—y Date Half-year Crap pre-tax laterim mm to profit/loss (L) dividend COOO) Hiap Moh Jul 23 Jun 92 $1,691(91.186) Kings Hotel Jul 22 Jun 92 $5.580($3,946) C Properties Jul 15 Jun 92 $8.203($5.029) 25(20) M Cement Jul 6 May 92 M$36.539($37.272) 18(16) Asa Pacific Jun 26 Mar 92177 words
-
Article700 1992-07-25 12 Current Ex Baalis Date Total tor Tatal tar payment data daw payaWa the year last yaar Mti Mdp 50c 61(b) Aug 26 Sep 7 Sep 24 6% 61 Amcd 25c 10% Aug 21 Aug 27 Sep 10 10* 10* tea Pacific 14W(I| Jul 9 Jul 21 Jul 27700 words
-
Article457 1992-07-25 12 Company Rights ton MC Bat One-tor two MSI 25 per share Ej-date Jun 2 Books dose Jun 17 Acceptance t Payment Jul 30 Eu Yai Sang Three-tor-one SI 05 per share Ex-date: Jun 17 Books Close: Jun 27 Acceptance t Payment Aug 3 MM Three-tor-few at MSI 00457 words
-
Article361 1992-07-25 12 U 23 Senftawa? Maritime Ltd has secured two pipeline contracts worth $42.5 milHon from Indonesia. The first contract worth $10 million, was from general contracting firm PT Wigo while the other was from pipeline and steel construction firm PT Tranaco. JU 22 Mraco Ltd has sold four floors361 words
-
Article118 1992-07-25 12 StnMnt MM kwostmants Ltd: 31st AGM at 481 Tanglm Halt Road, Singapore 0314, on Monday, July 27, at 11.00 am Low K«« Hot (S) Ltd: 23rd AGM at The Parawave, Level 4, Paramount Hotel, Marine Parade Road, Singapore 1544, on Tuesday, July 28, at 11.00 am GB Hokfrgs118 words
-
Article90 1992-07-25 12 Conversion Special Trig Scripteas I Conversion deadline Period Trading Company rtarts (IDP) (ST) starts Amcol Jul 17 Aug 13 Jul 31 Aug 13 Aug 14 r ANA Hoteb Jul 31 Aug 27 Aug 17 Aug 27 Aug 28 Harimaa Jul 17 Aug 13 Jul 31 Aug 13 Aug90 words
-
322 1992-07-25 12 Ia local can In S$ la US$ dy yr dy yr dy yr Jaly 23 latex cfcfe cfcgc cfcy chgc <*r Age World 371.2 0.5 -9.1 0.4 -9.5 0.3 -8.9-; tEAFE 429.7 0.7 -14.4 0.7 -14.0 0.6 -13.T" Europe 399.8 -0.1 -2.8 0.0 -0.8 -0.1322 words
-
-
Article, Illustration616 1992-07-25 12 Moving Averages: A moving average curve shows at any one time the mean of the prices over a specified time 1 frame. A five-day moving average, for i instance, is the average of the last five days' prices. Moving averages (MA) are normally plotted with the prices, andCHARTS BY BRIDGE - 616 words
-
KUALA LUMPUR STOCK EXCHANGE
-
Article, Illustration5243 1992-07-25 13 Bernama SHARE PRICES in Kuala Lumpur plummeted under widespread selling pressure yesterday, with the key indicator falling below the 600point level. The KLSE Composite Index receded 8.71 points to 593.53, the Industrial Index plunged 16.04 to 1,000.40 and the Emas Index shed 2.18 toBernama - 5,243 words
-
-
JAKARTA STOCK EXCHANGE
-
Article, Illustration946 1992-07-25 14 THE Jakarta market index ended at 319.9, up 1.3 points, yesterday but there was scant trading in the market with foreign interest further deterred by the slump in Tokyo, brokers said. One said shares that were usually hard to find were beginning to comeSource: Bridge Info - 946 words
-
-
CHINA STOCK EXCHANGES
-
Article, Illustration345 1992-07-25 14 CLSA TRADING in China was sluggish, especially the B shares, with the CLSA China B Index closing off five points to 1,453. The All China Index in contrast rose 1.13 to 3,133. In Shanghai, foreign investors continue to focus their attention onCLSA - 345 words
-
-
STOCK EXCHANGE OF THAILAND
-
Article, Illustration1783 1992-07-25 14 Reuter LOSSES in Tokyo, increasing tension between the United States and Iraq and the poor performance of Thai Airways shares unsettled investors, brokers said. The SET index lost 7.76 points to 746.16 on turnover of 5.43 billion baht. Declines led advances 166 toReuter; Source: Bridge Info - 1,783 words
-
-
Page 14 Advertisements
-
Advertisement31 1992-07-25 14 ANY JOB. ANY CAREER. /Q Available any day. ANY TIME. ANYWHERE* Wf mHk TH TM"N«W P»"!» W»0 U«NM« WAN.AO A/V VwL SH.N Mm OAILT NW. H""*" B IW M ,MOO J"31 words
-
-
TOKYO STOCK EXCHANGE
-
Article, Illustration2615 1992-07-25 15 Reuter TOKYO STOCKS ended easier and the Nikkei Average slid to its lowest close since April 1986, down 542.15 points or 3.38 per cent to 15,497.79. Brokers said investors feared nothing much can be expected from the meeting of top officials toReuter - 2,615 words
-
-
STOCK EXCHANGE OF HONGKONG
-
Article, Illustration2542 1992-07-25 15 Reuter HONGKONG stocks plummeted in afternoon trade as overseas investors reacted to a souring of local sentiment and Tokyo's market weakness by dumping blue chips across the board, brokers said. The blue-chip Hang Seng Index slid 144.40 points to finish at 5,772.76. All OrdinariesReuter - 2,542 words
-
-
AUSTRALIAN STOCK EXCHANGE
-
Article, Illustration2090 1992-07-25 16 Reuter AUSTRALIAN shares closed only marginally lower yesterday despite steep falls in Tokyo. The Nikkei plunged 542.15 points to 15,497.79. The All Ordinaries closed 1.1 points lower at 1609.6. The All Resources Index fell 1.3 points to 947.3, while the All Industrials supported byReuter - 2,090 words
-
-
REGIONAL STOCK MARKETS
-
Seoul stocks higher on technical rebound
-
Article476 1992-07-25 16 TAIWAN'S Weighted Price Index gained 43.29 points yesterday to 4,022.16 on moderate volume worth NT$26 billion. Investors buying selective blue chips helped the index rise in the morning and again at the end of the session after it had slipped to a new 1992 low of 3,927. An analyst476 words
-
Article834 1992-07-25 16 SEOUL STOCKS ended higher in thin trade yesterday on a technical rebound focused on shares related to a mobile telecommunications project despite profit-taking in the afternoon, brokers said. The Composite Stock Index closed 3.46 points higher at 521.99. South Korea is due to pick the successful candidate for the834 words
-
Article566 1992-07-25 16 MANILA SHARE prices slipped slightly on last-minute profit-taking on oil issues. Brokers said continuing mild eruptions of Mount Pinatubo dampened sentiment. The Manila Stock Exchange Composite Index dipped 7.37 points to close at 1,463.39. "This is just profit-taking," said one broker. "I would say it wasn't enough to stop566 words
-
Article339 1992-07-25 16 A RISE IN New Zealand stocks turned around yesterday afternoon as Tokyo fell. Buying was conducted in morning trade but interest dried up as the day progressed. The NZSE-40 Capital Index fell 3.47 to 1,548.72 after earlier being up eight points. Volume was about NZ$23 million. Brokers said339 words
-
Article70 1992-07-25 16 BOMBAY SHARE prices on Thursday fell sharply on fears that new contango (carry-forward) charges for the business done in the two weeks yesterday would be higher, brokers said. The BSE Index tumbled 139.78 points to 2,678.34. The National Index lost 47.50 to 1,233.47. Brokers said they expect the carryforward70 words
-
Article52 1992-07-25 16 Cloac Prrriow I Jtty 24 NEW ZEALAND NZSE-40 Capital 1.548.72 1.552 19 -3 47 MANNA Composite Index 1.463.39 1.470.76 -7.37 Turnover (mil peso*) 252.0 275.0 -23 TATE1 Weighted Pnce Index 4.022.16 3.978.87 +43.29 Turnover (NTS billion) 26.0 30.35 -4.35 SEOUL Composite Stock Index 521.99 518.53 +3.46 Turnover (billion won) 153.6552 words
-
-
-
WORLD STOCK MARKETS
-
US stocks close higher on late buying
-
Article369 1992-07-25 17 July 23 Cloae PrrvioM NEW YORK Dow Jones 3,290.04 3,277.61 +12.43 S& P 500 412.08 410.93 1.15 Turnover (million) 180.08 191.84 •11.76 LOftPOH Financial Times 30 1.808 I 1.803.0 5.1 FTSE 100 2,399.5 2.387.9 +11.6 Turnover (million) 511.9 423.2 +88.7 FRANKFURT DAX Index 1,623.37 1,628.22 -4.85 AMSTERDAM EOE Index 288.03369 words
-
Article, Illustration1389 1992-07-25 17 i i vt v;;. ,;v.v; Wv;;;.;; T NEW YORK stocks closed higher in choppy trading on Thursday as a late jround of computer-guided buy pro"grams helped overcome a mid-after-noon stall that threatened the market's •recovery from Wednesday's sell-off. The Dow Jones Industrial Average recovered 12.43 points to 3,290.04.1,389 words
-
Article, Illustration701 1992-07-25 17 SHARES INCHED up on Thursday in London after a day of directionless trading, supported by rises in bank, brewing and retailing issues and a positive start on Wall Street. Despite often sharp movements in individual shares, the general tone was indecisive because of conflicting signals on the economy and701 words
-
Article229 1992-07-25 17 THE FRANKFURT stock market followed up Wednesday's sharp drop with another weak session on Thursday, as the DAX Spot Trend Index ended at 1,623.37, down 0.30 per cent on the day. The Commerzbank indicator dipped by 0.1 per cent to 1,833.40. Operators said trading was again nervous, and volume229 words
-
Article263 1992-07-25 17 DUTCH SHARES closed mixed after a firmer start in a quiet market on Thursday. Dealers said initial firmness inspired by an unexpected 500-point rise in Tokyo drained away in midsummer lethargy. The EOE Index ended 0.14 lower at 288.03, with a late pick-up from worst levels helped by a263 words
-
Article192 1992-07-25 17 ARBITRAGEURS on Thursday drove French share prices back and forth throughout the day, and a final late whiplash took the bourse to a higher close, dealers said. The CAC-40 Index finished 7.07 points higher at 1,734.56 in reasonably active trade of some 3.4 billion francs' worth of shares. Stocks192 words
-
Article361 1992-07-25 17 SWISS SHARES ended a quiet and uninspired Thursday session steady to slightly firmer, but sentiment remained fragile, dealers said. The All-Share SPI Index closed 3.2 points higher at 1,114.9. The SMI Index of leading shares added 5.9 to 1,763.0. However, slightly lower July inflation in the city of Geneva361 words
-
Article123 1992-07-25 17 SWEDISH SHARES closed lower on Thursday after higher interest rates lured investors away from the bourse and options and futures markets' indicated a gloomy share outlook, dealers said. The bourse General Index fell 1.46 per cent to 828.36 and the top-16 index was down 1.40 per cent. Turnover was123 words
-
Article414 1992-07-25 17 MINING STOCKS led the South African share market higher on Thursday as investors ignored the African National Congress' threat of "unprecedented action" during next month's mass action campaign. Dealers said the mood was still apprehensive, although investors were taking solace from the slightly better bullion price and the rebound414 words
-
Article420 1992-07-25 17 A FLOOD OF corporate news had little effect on the broad market as Toronto stocks closed unchanged on Thursday. The TSE 300 Composite Index closed up 0.1 point to 3,412.2 and declines led advances 268 to 251. Volume jumped to 33.9 million shares, largely due to the 9.96 million420 words
-
-
-
Page 17 Advertisements
-
Advertisement16 1992-07-25 17 The Milan and Brussels market reports were not available. Advertising Marketing in Business Times every Thursday16 words
-
-
CURRENCY, MONEY & FUTURES MARKETS
-
1195 1992-07-25 18 REPORTS ASIA TOKYO: The dollar ended stronger against the yen yesterday, but its topside was blocked by strong selling interest above 127.00 yen. The US currency was little changed against the mark. The dollar's upward impetus prompted by insurer buying1,195 words
-
Article378 1992-07-25 18 Cross rates jm y 24 USS SS MS Dm Yen SFr AS NZS USS 1 6150 2.5010 1.4830 126.70 0.5227 1.3150 1.3369 1.8215 SS 0.6192 1.5486 0.9183 78 4520 0.3237 0.8142 0.8278 1.1279 MS 0.3998 0.65 0.5930 50.6597 0.2090 0.5258 0.5345 0.7283 Dm 0.6743 1 0890 1.6864378 words
-
Article535 1992-07-25 18 Interbank rates S$ Bid Offer Overnight 2 1/2 2 5/8 1-month 2 1/8 2 1/4 2-month 2 1/8 2 1/4 3-month 2 3/16 2 5/16 Overnight mode: 2-1/8 USS Bid Offer 7 davs 3 5/16 3 7/16 1 month 3 3/8 3 1/2 2 months 3 3/8 3535 words
-
373 1992-07-25 18 Reuter TOKYO Japanese government bonds and futures are benefiting from a flood of investor cash from the slumping Tokyo stock market, and could head for a strong, steady upward trend, bonds dealers and analysts say. "The prospects of economic recovery areReuter - 373 words
-
Article1546 1992-07-25 18 SIMEX EWHWMH-LAB Open High Low Sett Est Vol Act/Vol Op/lnt Sep 92 96.53 9652 5300 3975 ***** Dec 92 96.17 96.20 96.17 96.17 ***** 8301 ***** Mar 93 96.14 96.16 96.13 96.13 5400 3588 ***** Jun 93 95.85 95.88 95.83 95.83 1800 1592 4191 Sep 93 95.49 95.511,546 words
-
-
Page 18 Advertisements
-
Advertisement9 1992-07-25 18 C Innovation Technology in Business Times every I Tuesday9 words
-
-
COMMODITIES
-
339 1992-07-25 19 Reuter ANCHORAGE, Alaska The price of oil from the Organisation of Petroleum Exporting Countries (Opec) will rise to between US$2l and US$25 during the *****, the group's secretary-general predicted yesterday. The price hike will come from increased demand, largely by developing nations,Reuter - 339 words
-
275 1992-07-25 19 Reuter LONDON The London Metal Exchange (LME) lead contract, for so long an unspectacular performer, could be the next of the Exchange's contracts to be subjected to a supply squeeze, traders and analysts said. "We would warn hedgers about actually shortingReuter - 275 words
-
736 1992-07-25 19 REPORTS THE PRICE of tin on the Kuala Lumpur Tin Market (KLTM) increased three sen to close at M$ 17.30 per kg yesterday, moving in tandem with the firmer close on the London Metal Exchange (LME) overnight, which was US$20736 words
-
-
Article1601 1992-07-25 19 Rubber HAS Commodity Exdtawy (fwtares dosing as at lpm) ESS 1 Contract (S cents/kg) Close Volume Open Month High Lo» Sett (tonnes) Interest Aug 92 143.00 143.00 143.25 75 1.875 Sep 143.25 143.00 143.25 375 5.025 Oct ***** 143.25 143.50 450 3.750 Nov 144 00 143.25 143.50 400 4.2501,601 words
-
Page 19 Advertisements
-
Advertisement589 1992-07-25 19 BUSINESS TIMES Toll free Tel No 737 -0043 "Fax No: 734 -9008 M THE MKJH COURT OF THE REPUBLIC OP SINGAPORE Companlw WlndNifl Up No 10S Of 1982 m the Matter of The Companies At* (Chapter 50) And to the Matter of ROYFON TRAOMG PTE LTD NOTICE OP WINCHNG UP589 words
-
-
Article, Illustration545 1992-07-25 20 Iraq to be given days to comply or face renewed attack Reuter, AP WASHINGTON The United States, Britain and France have agreed to press for a quick public ultimatum demanding that Iraq comply with Gulf War ceasefire agreements or face allied military attack.Reuter,; AP - 545 words
-
295 1992-07-25 20 Reuter WASHINGTON Iraq's confrontation with the West is sliding towards the cliffs edge again and could have dire political consequences for either George Bush or Saddam Hussein. If US, British and French bombs and missiles pound Iraq in the coming weeks, analystsReuter - 295 words
-
440 1992-07-25 20 Reuter JEDDAH American Secretary of State James Baker ended his Middle East peace tour yesterday saying he hoped peace talks would now resume quickly and that the Arabs would take up a proposal to continue them in permanent session. Mr Baker saidReuter - 440 words
-
551 1992-07-25 20 Market too small; lukewarm response from banks Reuter JAKARTA The first money brokers have begun operations in Jakarta, but the banks' reaction has been unenthusiastic and brokers say the market is too small for the number of firms. The government invitedReuter - 551 words
-
479 1992-07-25 20 AFP, AP, Reuter WASHINGTON China said yesterday that its foreign trade grew 20.2 per cent in the first half of 1992 compared with the same period last year, and reported a tremendous jump in contracted foreign investment. Foreign trade was up to U5568.67AFP,; AP,; Reuter - 479 words
-
261 1992-07-25 20 Reuter BONN Finance Minister Theo Waigel yesterday said he expected the west German annual inflation rate to stabilise at below 4 per cent, compared with 4.3 per cent in June. "There is a good chance that the annual average inflation rate willReuter - 261 words
-
383 1992-07-25 20 AFP TOKYO Three years after a major setback in Upper House elections, Japan's ruling Liberal Democratic Party (LDP) is preparing to take its revenge with decisive gains in this weekend's polls. Some 94 million voters are eligible to cast votes tomorrow toAFP - 383 words
-
Article, Illustration352 1992-07-25 20 AFP JAKARTA Two Singaporeans were among the 11 individuals who received the first Achievement Awards of the Institute of South East Asian Business (Asean Institute) from the Indonesian Trade Minister Hartarto yesterday. Singapore's Professor SS Ratnam and Tan Siah Kwee wonAFP - 352 words
-
Page 20 Advertisements
-
Advertisement6 1992-07-25 20 CHARTPOINT Every Saturday in Business Times6 words
-
-
Executive Lifestyle
-
Article, Illustration1170 1992-07-25 21 Nirmal Ghosh - Viva Barcelona! As the Olympian flame is lit in Spain today, Nirmal Ghosh lifts the curtain for a list of anecdotes that show how the Games have changed over the years Nirmal Ghosh Moment of truth Ben Johnson could not make it through the 1988 Olympics1,170 words
-
STRAWS IN THE WIND
-
Article79 1992-07-25 21 YOU know how those incorrigible deejays on the radio love to ask callers dumb questions? Well, one deejay finally got the perfect answer. Heard over one of those morning radio phone-in shows on FM 98.7: A chirpy deejay asked the caller, "So, what are you doing at home today?"79 words
-
Article51 1992-07-25 21 WHEN do you expect to watch Friday Background? On Friday, right? And Entertainment Tonight at night, yes? And Sunday Morning Singapore on Sunday, right? One confused viewer did a double take while watching a programme on a Malaysian station on a Wednesday which was titled Friday51 words
-
Article95 1992-07-25 21 STORY told at a Pacific Economic Cooperation Council forum in Batam: A cat and her kittens were waiting at a mouse-hole but every time the canny mice peeked out and saw the waiting felines, they just darted back in. The kitties were getting hungry and mama was95 words
-
-
OPINIONS
-
Article, Illustration915 1992-07-25 22 Toh Teck Sun - Toh Teck Sun argues that privatisation may mean foreigners would get to invest in Singapore dollar assets while the government would end up with more foreign investments Toh Teck Sun The writer is BT's features editor FREEZE those planned privatisation exercises, please. It goes againstSource: MAS - 915 words
-
Article, Illustration727 1992-07-25 22 Nirmal Ghosh - The end of the Cold War has not reduced Asia's appetite for more military hardware, says Nirmal Ghosn Nirmal Ghosh The iyiter is aBT journalist The fragmentation of the former Soviet Union has expanded the lexicon of political analysts and economists dramatically with snappy727 words
-
541 1992-07-25 22 Chua Cheh Hiang - LETTERS TO THE EDITOR Chua Cheh Hiang Assistant Director (Public Relations) for Permanent Secretary (Communications) CONTRARY to what Conrad Raj says (The Bottom Line, BT July 21), the COE playing field is level. Dealers were disallowed to bid for COEs directly, as part of541 words
-
174 1992-07-25 22 Gillian Tan - Gillian Tan Administration Officer for Chief Executive Officer and Chief Planner Urban Redevelopment Authority WE REFER to the article, "Property consultants dispute office space glut projections" (BT July 18). The word "projection" is used of the URA supply figure. However, the statistics of office space174 words
-
Article238 1992-07-25 22 S H Liew - S H Liew General Manager Jurong Crocodile Paradise WE REFER to your article in the July 2 edition of BT on the tender exercise by Jurong Crocodile Paradise. In view of what we feel to be a very negative assessment of the tender result, we would238 words
-
495 1992-07-25 22 William S W Lim - William S W Lim I WISFi to refer to Quah Soon Tong's article in the July 22 edition of BT and other reports in your paper regarding property prices and the impending oversupply of residential properties. Many of these articles have painted a very495 words
-
-
REVIEWS
-
Article, Illustration751 1992-07-25 23 Michelle Low - Steel Magnolias is a movie with not much plot but lots of great acting from six of the biggest female names in the business. Michelle Low reviews their winning performances Michelle Low FIRST we had that tragic mother-daughter exchange in Terms of Endearment. Then Geena Davis and Susan751 words
-
Article, Illustration678 1992-07-25 23 Susan Tsang - What's wrong with America? Lots, if Grand Canyon is to be believed. Susan Tsang watches a movie loaded with turmoil but lacking in depth Susan Tsang rHE Grand Canyon comes with an R(A) rating and a Golden Bear award for Best Film from the Berlin Film678 words
-
Article, Illustration588 1992-07-25 23 Susan Tsang - Susan Tsang on why Siesta won't put you to sleep Susan Tsang ELLEN Barkin wakes up from a siesta in the middle of a field in a blood-red dress. What a hangover! She can't remember what's happened, but since the blood isn't hers, she must have hurt588 words
-
Article, Illustration482 1992-07-25 23 Jaime Ee - Those intending to see Pure Luck should read what Jaime Ee has to say about the banana peel effect Jaime Ee TAKE a banana peel. Watch someone slip on it Laugh. Do it again. Laugh. And again. Let's see how funny it gets the third or fourth482 words
-
-
EPICURE
-
Article, Illustration551 1992-07-25 24 Quek Swee Peng - Quek Swee Peng samples Palm Grill's new dinner formula Quek Swee Peng HAS Palm Grill decided to live up to its name sake? It would appear so, judging from its recent revamp to an all-gnll dinner menu. There is little doubt the ubiquitous grill enjoys the patronage551 words
-
-
LIFESTYLE
-
Article, Illustration485 1992-07-25 25 Xiuqiong - Xiuqiong discovers that there is no road that leads out of Roadhouse Xiuqiong HE last thing I thought Tanjong Pagar needed I was another pub. JL. In fact, I would have missed it altogether, if not for a road sign that said, ivell, "Roadhouse," on Craig Road.' Smack485 words
-
608 1992-07-25 25 N K Yong - WINE By N K Yong WE TEND to think of Bordeaux as expensive forgetting that among the non-classified growths there are some who are known to produce excellent wines. Chateau Labegorce (Margaux) classified Crus Bourgeois Superior in the 1932 classification goes back to608 words
-
-
PEOPLE
-
Article, Illustration259 1992-07-25 25 CONVERSATION flowed as easily as the Bordeaux 1989 at the French Ambassador's Gallop Road residence on July 14 for the Bastille Day. A key talking point was Ambassador Bernard de Montferrand's presentation of a medal to Cultural Medallion winner Tan Swie Hian who isPhotos By Chris Loh and Arthur Lee - 259 words
-
Article, Illustration124 1992-07-25 25 POTS from the past were unearthed recently as the National Museum opened its exhibition "From the Earth Peninsular Malay Pottery". The specimens of early Malay pottery had been acquired from different states of the peninsular. Among those invited to go pleasantly potty was Mr Mohd124 words
-
-
PURSUITS 1
-
Article, Illustration267 1992-07-25 26 Samuel Ee - Samuel Ee has some fashion advice for those game to engage in a little table jousting at tea-time Samuel Ee ENGLISH high tea is not something to be taken as lightly as a squeeze of lemon in your Twinings. Not when there are hordes of Japanese women jostling267 words
-
Article, Illustration679 1992-07-25 26 Nirmal Ghosh - A recent photography exhibition on Israel gave Nirmal Ghosh a new perspective on ancient sites Nirmal Ghosh THE pictures showed us a different angle, a bird's eye view in the golden light of evening. In that light, the landscape looked soft, not hard; rounded, not679 words
-
Article, Illustration641 1992-07-25 27 Samuel Ee - Samuel Ee reviews the Nissan Vanette Serena Samuel Ee ALL cars carry people, but not all cars are people carriers. Sound confusing? Well, at first glance, the Nissan Vanette Serena may look confusing too. It seems to be something like a jazzedup light goods vehicle, yet is641 words
-
Article487 1992-07-25 27 RINGO LIEW - CD Review By RINGO LIEW MILES DAVIS: Doo-Bop In yet another attempt to recast himself for a different generation, Miles Davis teamed up with New York City rapper Eazy Mo Bee and friends to tap the street sounds of hip hop shortly before his death last487 words
-
-
PERSONAL FINANCE & INVESTMENT 1
-
Article, Illustration762 1992-07-25 28 Stockbroking firm Phileo Peregrine looks at the Malaysian stock market THE Kuala Lumpur Stock Exchange (KLSE) recorded one of its strongest bull runs between mid-1986 and early 1991, with the Composite Index growing three-fold to touch an all-time high of 635.02 points.762 words
-
Article, Illustration503 1992-07-25 28 Najeeb Jarhom - CHART By Najeeb Jarhom The writer is research manager of Fraser Securities THE Straits Times Industrials Index has cracked the crucial 1,430 support level, investors should soon be presented with bargain opportunities in blue chips. Chart selling has tended to accompany the breakdown of this503 words
-
606 1992-07-25 28 Soh Tiang Keng - Foreign exchange managers predict the Singapore dollar will weaken against three major currencies. Soh Tiang Keng reports Soh Tiang Keng WHERE the Singapore dollar is headed in the next few months is anybody's guess at this point, but some Singapore investors are already considering shifting part606 words
-
Article, Illustration795 1992-07-25 28 Chua Chwee Leng - Money manager Marc Faber breaks down the growth cycle of emerging markets. Chua Chwee Leng reports Chua Chwee Leng Emerging markets is the catch-all phrase applied to relatively new stock markets. Marc Faber, a Hongkongbased money manager, likens them to the human life cycle:795 words
-
443 1992-07-25 28 INVESTORS must watch out for many pitfalls when putting their money into emerging markets, warns Hongkong-based money manager Marc Faber. "They must realise that the various phases are never as obvious as they seem from the charts. Transition between phases is443 words
-
Article, Illustration1347 1992-07-25 29 Chan Wan Kee - Does price-earnings (PE) determine whether to buy or sell a share? Or, is PE ratio a price derivative? Chan Wan Kee offers some answers Chan Wan Kee The writer is senior research manager of OSK Research Sdn Bhd A LOT has been said about1,347 words
-
-
SPORTS
-
SIDE LINES
-
112 1992-07-25 30 TUCUMAN, Argentina Spectators angered by the cancelling of the last stage of the second leg of the Argentine motor rally on Thursday used rocks and flaming sticks to attack the cars of race leader Didier Auriol of France and former world champion Carlos Sainz112 words
-
Article82 1992-07-25 30 NOORDWIJK, Netherlands Roger Winchester of England on Thursday headed a four-player group including former winners Bemhard Langer and Greg Norman after the first day's play in the Dutch Open golf tournament. Together with Welshman Mark Mouland, the three finished the 6,255-metre course on 6882 words
-
Article75 1992-07-25 30 SUTTON, Massachusetts PGA Tour rookie Bob Friend came roaring out of Arnold Palmer country on Thursday to take the first-round lead in the US$l million (551.61 million) New England Classic. The Pittsburgh native had seven birdies in a round of 64 over the par-71, 7,110-metre75 words
-
Article58 1992-07-25 30 OAKMONT, Pennsylvania Patty Sheehan, Muflln Spen-cer-Devlin, Donna Andrews. Nancy Ramsbottom and Tracy Kerdyk shared the overnight lead at 69 when darkness halted play in the US Women's Open on Thursday night. Sixty-six players in the field of 156 were stranded on the rain-soaked course after58 words
-
Article86 1992-07-25 30 PARIS Star striker Jurgen Klinsmann, an architect of Germany's World Cup victory in 1990. will leave Inter Milan and Italian soccer this season for AS Monaco and the French league, team officials announced on Thursday. Under a threeyear contract, Klinsmann replaces Liberian George Weah in86 words
-
-
Article, Illustration388 1992-07-25 30 TORONTO Third-seeded Ivan Lendl on Thursday breezed past John McEnroe 6-2, 6-4 to advance to the Canadian Open tennis championships semifinals. McEnroe, who has dropped his last six straight matches to Lendl, plans to cut back on his playing commitments next year. "The weeks388 words
-
Article, Illustration490 1992-07-25 30 Olympics 1992 Opening show to combine folklore and surrealism AP BARCELONA There's a stalking Terminator skeletoid, a flamenco dancer in purple shoes, a Roman galley fighting fantastic sea creatures with dagger claws. There are little yellow bird people, giant blue stilt people, flickeringAP - 490 words
-
Article, Illustration751 1992-07-25 30 George Vecsey - George Vecsey goes climbing in Barcelona George Vecsey NYT BARCELONA Put on your walking shoes, we're going to the Summer Games. These games are not just for the athletes and they are not just for the fans with tickets. The most popular event in BarcelonaNYT - 751 words
-
524 1992-07-25 30 Reuter BARCELONA He is built like a battle tank. She is as thin as a breadstick. He is Kenyan and reserved. She is Australian and gregarious. What Yobes and Lisa Ondieki share is a daughter called Emma and a belief theyReuter - 524 words
-
654 1992-07-25 30 Reuter BARCELONA Alongside the do-or-die contests of the Olympic games that begin today, an equally intense marketing battle will be waged. On this field, stars like runner Carl Lewis are wellpaid foot soldiers, and the prize is the lion's share of the multibillion-dollar sportswearReuter - 654 words
-
-
Article1278 1992-07-25 31 City "CH ETA FRgM ETD Ma DhaU GA860 0045 AdaUMa QF81 SQ228 1955 2025 QF82 2205 Aaaaaa RJ187 0130 SQ319 0715 KL837 1255 GA890 KL838 SQ342 0150 2240 2325 NZ21 SQ286 1820 2030 NZ22 1940 i GF148 0855 GA525/910 1755 Sari hpi na SQ181 1410 SQ1821,278 words
-
THE TRAVEL PAGE
-
Article, Illustration688 1992-07-25 31 Neville Stack - LETTER FROM ALCATRAZ By Neville Stack THE little island in San Francisco Bay was once considered by a certain sort of social climber to be one of the smarter places to dwell. Nobody who wasn't somebody ever took up residence there. Only the upper crust688 words
-
Article152 1992-07-25 31 As at 10am yesterday: I xx-al dollars to one unit of foreign currency Currencies Bid OfTer Australian dollar 1.2015 1.2178 Canadian dollar 1.3428 1.3700 NZ dollar 0.8772 0.8950 Sterling pound 3.0777 3.1195 US dollar 1.6110 1.6170 Local dollars to 100 suits of foreign cumcy Austrian schilling152 words
-
Article66 1992-07-25 31 Duration Title Venue Organiser Tel Aug 22-25 International Frankfurt. Messe Frankfurt (*****/***** Trade Fair for Germany GmbFI Consumer Goods Sep 6-9 Fine Food Melbourne Australian (61 ).V867.798I Exhibition Services Duration Title Venue Organiser Tel Sep 6-10 International Earls Court. Reed Exhibition 081-*****71 Watch. Jeweller> London Companies Ltd66 words
-
-
TIME OFF
-
Article133 1992-07-25 32 Asian Youth Orchestra David Alan Miller is the conductor in a programme featuring Dvorak's Carnival Overture, Mozart's Horn Concerto No 2 and Tchaikovsky's Symphony No 6. Jean-Jacques Justafre is the soloist in the horn concerto. Venue: Singapore Conference Hall. July 31 8.15pm. Singapore Indian Fine Arts Society Music Ensemble133 words
-
Article, Illustration313 1992-07-25 32 Yasotha M - Compiled by Yasotha M The Woven Jewels of Kashmir On display are 25 antique Kashmir shawls of superb museum quality dating from 1750 to 1850. In addition to the exhibition, Mrs Maniza Jumabhoy will give a talk on shawls on April 26 at 4pm. Venue: Casuarina Suite B, Raffles313 words
-
-
Article620 1992-07-25 32 At Play la The Fields Of The Lord. Tom Berenger sheds his clothes to return to nature in this politically-correct drama. R(A). Chinatown 2: 10.45; 2; 5.15; 8.30. Beauty Aad The Beast Longawaited Disney production of this classic fairy-tale. Yishun 10: 11; 1.05; 3.05; 7.25. Beethevea. A huge canine620 words
-
-
Page 21 Advertisements
-
Advertisement165 1992-07-25 21 3343 5 8 8 i 334 3 6 8 8 Model No. 8A3130T Legends have sought this watch. Napoleon. Wellington, too. And the crowned heads of England, France, Italy, Spain and Russia. Then, as today, those who shape destiny are quick to pursue that which seems most uncommon. That which165 words
-
-
Page 22 Advertisements
-
Advertisement25 1992-07-25 22 BT welcomes letters from you. Please address them to: The Editor, Business Times, 390 Kim Seng Rd, S'pore 0923. Letters should include your contact numbers.25 words
-
-
Page 22 Miscellaneous
-
Miscellaneous26 1992-07-25 22 DOONESBURY GARRY TRUDEAU TIL THL yOU ANOTHER. I KV* WSAST ZggZl T*N6THAT<S6Orke HAMMOSTOOmm BUMMeO-THCCF&S J OF UFZ A6l* MM tV A TKXCCA& NTHB6ULF' UJAR.M£ANSUPLLALLft v z^^s>^sS2Z2L",26 words
-
-
Page 24 Advertisements
-
Advertisement586 1992-07-25 24 M Nothing Beats ABud. 0 OF MWU OF HKKKB. A FIRST FOR £)(QDUS EXODUS rated Malaysia's top entertainers after winning A -?L IH the 9 rou P category in the 1991 ffix Wjl Top of the Pubs competition is bringing their exciting brand of music to Singapore. W'Pt The talented586 words
-
Advertisement171 1992-07-25 24 WHERE TO WINE, DINE... SINGSATIONAL HI-TEA Sundays will never be the same again! Bring the family for a karaoke hi-tea with an extensive array of sweet and savoury items. Then enjoy a standard drink at Singsation and sing the afternoon away. Hi-tea: 3.00 pm 5.30 pm Cafe Plaza Karaoke: 4.00171 words
-
Advertisement328 1992-07-25 24 REFORMED I I aH" Amidst Imperial splendour, our chefe It stage their highly-acclaimed performance II rWn' of legendary Belong cuisine to the satis- r^/\ I V MM faction ofdemanding dtners.Toguarantee IV v IV your place amongst the discerning, make j II if If your reservations earty. CTjir] X I F328 words
-
-
Page 25 Advertisements
-
Advertisement282 1992-07-25 25 AND ENTERTAIN In the month of July, a fashion extravaganza awaits you at the Fountain Lounge: July 4 No Show Boutique July 11 Chit Chat Boutique July 18 Feline Collection July 25 Pena House Enjoy a leisurely Saturday afternoon tucking into delicate French pastries, dianxin and sandwiches... and a freshly-brewed282 words
-
Advertisement78 1992-07-25 25 lis in t Sill I Jane July Promotion Experience the freshest from the sea at i CHINA CHINA RESTAURANT Special set menus available for lunch and dinner from J $68 (2 persons) to $338 (10 persons) I 4 For reservations, please call 3224 228/9 i J OnmtimrtomttovtkomlkpMctotmmrfmimmt t i" A78 words
-
-
Page 27 Advertisements
-
Advertisement150 1992-07-25 27 DISTINGUISHED NAME I It's not what you know but WHO you know. I nyiiy jPr Don't you wish you have a name that evokes fame, fortune and power ?If so, come down and meet some prominent individuals at our Famous Brands Gallery. Nothing less than immaculate designs combined with the150 words
-
-
Page 29 Advertisements
-
Advertisement18 1992-07-25 29 LimßoonHeng: The Big Four mmMmM Champion go regional S^}-* Wy i vn BUILDING A W RETIREMENT ON S4LE18 words
-
Advertisement158 1992-07-25 29 I- I I I 'HmKn V mmJr Jk AJU JBa»i^»- *>? I *3® 1 I I I I «^fc I 1 BPr KV^ v i BWEDgO^ THE BENEFITS! YOU CAN TOO! •MMVK'MMICILTB HONOLIOIieFINAIICE LTD: HwlOlloeT* 221 3062Q20 8433 MO KlO Branch Tel: 462 e73S.Brt*«wßrmch Tel: *****M«0t0e4 Chinatown Branch Tel: 534158 words
-
-
Page 31 Advertisements
-
Advertisement41 1992-07-25 31 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 know Europe from atari to Ptnnjoh.41 words
-
Advertisement52 1992-07-25 31 Of v t Is the Singapore soccer fan a real supporter of the team? Or is he there just to vent his pent-up frustrations? The things that football fans say and do in the face of victory and defeat Today In Weekender j Ikw papd M A M s \l52 words
-
-
Page 31 Miscellaneous
-
Miscellaneous250 1992-07-25 31 1 An early form of rock mu- lBr~MM"" 5 6 Upturn in very big musical work (4) 9 Carriage to drive mad I I I round the harbour! (10) JIH—PB_— 10 Drop round for some food I I I 1 13 Removed and obstruction 15 I I J I I250 words
-
Miscellaneous162 1992-07-25 31 Singapore Outlook: Showers over several areas in the late morning and early afternoon. Report Maximum temperature.... 31.7 Assoc humidity 70% Minimum temperature 25.9 Assoc humidity 94% Hours of sunshine 6.20 Rainfall in mm Trace Rainfall this month 150.0 Rainy days this month 14 World report Asia-Pacific Hi/Lo* Cood. Auckland 13/04162 words
-
Miscellaneous20 1992-07-25 31 (NO Fef=M? &£NT ON VOU DOING v J PkHv/THIHG Toafvy tJ -o yr— Am L3=czj. v IVINMO (TANOAMO CO LTD20 words
-
-
Page 32 Miscellaneous
-
Miscellaneous1830 1992-07-25 32 TODAY'S TV BHmVIPWHH 10.30 Kids TV. 11.00 cnuknt. 3.45pm, Amazing Games: New Zealand, JSI "pST Dta W SBC 5 12.30 mm SBC 5 tis Horizon! One for the P Ramlee fans as Learn about the of K jg y < 145 VariMi SmL the legendary favourite both bungee jumping, an1,830 words
-
Miscellaneous598 1992-07-25 32 MOVIES ON TV The Challengers, Men, This 1988 follow-up contin--3.00pm, SBC 5 ues on basically the same Charming drama about a lines, with Scrimm returning pre-pubescent girl named as the ghoulish, evil mortiMackie who realises that life cian who uses flying spheres ain't always fair. First, her to carve up598 words
-