The Business Times, 1 May 1993
1993-05-01
1
24
https://www.nlb.gov.sg
https://eresources.nlb.gov.sg/newspapers/browse/biztimes
The Business Times
-
Title Section15 1993-05-01 1 SINGAPORE Business Times WE KNOW ASIA MITA (P) 552/12/92 Weekend Edition, May 1-2 1993 75*15 words
-
Article, Illustration540 1993-05-01 1 Amy Balan - By Amy Balan SINGAPORE Foreign funds, lured by the seemingly unstoppable rise of the Malaysian stock market, continued to pile into its blue-chips yesterday, sending the benchmark KLSE Composite Index to yet another record. While there was some profit-taking yesterday, itSource: Bridge Info - 540 words
-
769 1993-05-01 1 S N Vasuki - Japan gets guarded support for stable yen By S N Vasuki SINGAPORE Finance ministers of the world's richest nations yesterday pledged to cure anaemic economic growth through lower European interest rates, extra government spending in Japan and a smaller US budget deficit. And769 words
-
294 1993-05-01 1 Chuang Peck Ming - By Chuang Peck Ming SINGAPORE Workers have benefited from Singapore's rapid growth since 1987, with their earnings growing by 6 per cent a year after discounting for inflation. Prime Minister Goh Chok Tong said is his May Day message. He noted that the294 words
-
231 1993-05-01 1 AFP HONGKONG Residents of the colony have no need to fear the handover to Chinese rule as their wishes correspond with China's own needs, Chinese Vice-Premier Li Lanqing was quoted as saying yesterday. The mainland will spare no effort to maintain Hongkong'sAFP - 231 words
-
389 1993-05-01 1 Reuter BASLE The Basle Committee on Banking Supervision said it was proposing new capital adequacy measures for international banks to cover trade in derivative instruments. The three proposals cover netting, market risk and interest rate risk. The Basle Committee is a groupingReuter - 389 words
-
2am LATEST
-
121 1993-05-01 1 AFP HAMBURG Monica Seles, the world Number One tennis player, was stabbed by a mystery assailant during her quar-ter-final match at the Hamburg Open yesterday. Tournament officials said Seles sufTered "a one to two centimeter deep wound close to her spine". Seles received treatment onAFP - 121 words
-
110 1993-05-01 1 Reuter WASHINGTON The United States yesterday cited Brazil, India and Thailand for failing to protect US trademarks, patents and copyrights or for letting such protected goods into their markets. US Trade Representative Mickey Kantor named the three nations as "priority foreign countries" underReuter - 110 words
-
-
Article, Illustration116 1993-05-01 1 Stock market indices FrMay Change Sill 1,***** +4.41 KLSE Composite 719 61 +14 61 Nikkei 20.919 18 464 61 Hang Seng 6.830.51 -53.54 SET Index 145.29 -4.28 Jakarta Composite ...314.10 +0.88 CLSA China B 1.278.54 -0.14 Aust All Ord 1.681.5 +1.2 FTSE 100 2.813.1 +26.3 Friday PrevtoM I116 words
-
Page 1 Advertisements
-
Advertisement18 1993-05-01 1 Lifestyle Cover Story [zj S'porean expats in BeijilgnEL BACK PAGE Smiles hide the rift Penny for your talks18 words
-
Advertisement21 1993-05-01 1 VHhw rich get richer .IBS® Os park their excess cash el 2 FBI Patten: My credibility isn't at risk, Pg 321 words
-
Advertisement174 1993-05-01 1 Stock watch Ipco: An offering with snob appeal el 2 Hock Lock Siew Investment trusts' report card Pgs Travel In Kipling country -j EL 4,5 Of lasting value jrjn collection of antique watches at served in the creation of a unicessitates 162 skilful operations ways to make a watch but174 words
-
Advertisement54 1993-05-01 1 CONTENTS Nwn CwwMwi" S pore 'Jews 2 S poreJKTsa 5.6 Region* New 3 Fnancial 7 Work) News 4 Feature* Marhsts PI EIZ3 Oob/KLSL SES 11.12 Reviews EL4.5 feponal 9 Sports 13.14 World 9 TV/Litetjte 0.8 Currences 7 Regional Focus IS Sme/Commo M Subscription M 18to *****77 F» *****75 BT Editorial54 words
-
SINGAPORE NEWS
-
SINGAPORE ROUNDUP
-
48 1993-05-01 2 THE Asian Hall Street Journal will be allowed to increase ils daily circulation from 3,500 copies to 5,000 from July I. lhc newspaper will also be allowed to have a resident correspondent in Singapore from that date. It remains a gazetted publication, however.48 words
-
45 1993-05-01 2 SILKAIR will operate a twice-weekly, non-stop service between Singapore and Xiamen from June 2. Elights will leave Singapore at 1.50 pm every Wednesday and Saturday and depart Xiamen for Singapore at 7.10 pm on the same days.45 words
-
53 1993-05-01 2 SINGAPORE and Australia will explore collaboration in environmental management at a workshop here next week. Strategic alliances to pursue business opportunities in environmental management in the region will also be investigated. The workshop, on Monday and Tuesday, will be attended by 65 businessmen, academics and government officials53 words
-
Article66 1993-05-01 2 THE Association of Women for Action and Research (Aware) has set up a trust fund to commemorate Shirin Fozdar, a major contributor to the cause of women's rights in Singapore. The Shirin Fozdar Trust Fund will be used to run training and crisis centres,66 words
-
20 1993-05-01 2 THE governments of Singapore and Burkina Faso have agreed to establish diplomatic relations from today.20 words
-
66 1993-05-01 2 SINGAPORE Telecom has introduced International Calling Card a phone card which can be used at almost any phone booth in 33 countries. The card can also be used in Singapore to make overseas calls. Charges for the card will be billed to the user's existing account66 words
-
68 1993-05-01 2 SOME 31 participants of the Singapore Retailers Association's recent mission to Beijing, Tianjin and Shanghai were introduced to some 100 investment projects. The delegation, which returned from the eight-day mission on April 26, was hosted by the Foreign Economic Relations Trade Commission in Beijing68 words
-
-
356 1993-05-01 2 A J Leow - By A J Leow INVESTORS shopping for overseas properties can pick from $120 million of residential properties offered this weekend. At least five exhibitions cum sales of residential homes abroad are being held between today and Monday. Their locations range from central356 words
-
Article, Illustration264 1993-05-01 2 Arthur Lee - Text and photo by Arthur Lee AN AUSTRALIAN-OWNED commodity trading company raised $200,000 for Unicef at a charity dinner at the Hyatt Hotel last night. The money raised by Gardner Smith (S E Asia) Pte Ltd will go to a trust264 words
-
323 1993-05-01 2 Mrs Foo-Wu Wen Chee - LETTERS TO THE EDITOR Mrs Foo-Wu Wen Chee THE HEADLINE "CP1 does not reflect changes in cost of living: study" on Page 2 of BT of April 23 wrongly suggests that the Consumer Price Index (CPI) is irrelevant to measuring the cost of323 words
-
228 1993-05-01 2 Stephen Hugh-Jones - Stephen Hugh-Jones 1 he Economist St James's Street Ixmdon IT'S ALWAYS fun to shoot at The Economist 's economic outlook; I've been doing it from inside for about 30 years. But Karim Raslan (The Bottom Line. April 20) misses most of the other228 words
-
170 1993-05-01 2 Mrs Koo Kim Leng - Mrs Koo Kim Leng Corporate Communications Officer Singapore Telecom WE REFER to the article "Managers of Telecom's float set to earn up to Sisom in fees" published in Business Times on April 26. It is necessary to correct the inaccurate information relating to170 words
-
Article120 1993-05-01 2 Jonathan Berman - Jonathan Berman I AM an unequivocal supporter of your "Regional Analysis" features, and found Canagaratnam Gunasingham's stimulating article on the concept of Indo-Pacific region (April 28) to be up to the usual high standard of contributions to the section. Unfortunately, whoever prepared the accompanying map120 words
-
109 1993-05-01 2 Dr Long Bora - Dr Long Bora President, Cambodia Free Independent Democracy Party Phnom Penh. Cambodia REGARDING the article published in BI on April 22 headlined "Cambodia's Free Independent Democrats to join Sihanoukist front if communists kept out", there is a point that I would like to clarify.109 words
-
281 1993-05-01 2 Pauline Almeida - Pauline Almeida Phileo Peregrine Securities Sdn Bhd Jalan Sultan Iskandar Ipoh, Malaysia WE WOULD like to clarify several references to our report on Aokam Perdana which was the subject of the Hock Lock Siew column on April 29. We appreciate (and enjoyed!)281 words
-
118 1993-05-01 2 Denis Distant - Denis Distant WITH THE recent decline in the price of SIA Foreign shares, the three series of call options on the shares have all gone out of the money with the premiums on the puts rising to new highs. Could SES introduce a118 words
-
-
Page 2 Advertisements
-
Advertisement45 1993-05-01 2 Press Here For HOT TIPS! Call 1-900-840-8484 for 4D/Toto/Sweep Results and you'll stand to win $500 worth prizes each week. Calls are charged I at 50 cents a minute. Otard A IMFs«linp Prizes an sponsored by. -Mgjft KgM MM ■■■LLiIV/ V An SPH AudioTex Service45 words
-
Advertisement41 1993-05-01 2 S BT welcomes letters C k from you. Please send r them to: The Editor, p P Business l imes, 390 s S Kim Seng Rd. S'pore r C 0923. letters should J r include your contact S J numbers. C41 words
-
-
THE REGION
-
600 1993-05-01 3 Maggie Ford - A bigger concern is that tight monetary policy may have hurt confidence From Maggie Ford in JAKARTA FEARS that a rise in inflation and the appreciation of the Japanese yen could cause a rupiah devaluation and a further economic slump are overblown,600 words
-
364 1993-05-01 3 China-Taiwan talks Reuter BEIJING Groundbreaking talks between China and Taiwan have opened a new chapter in their prickly relationship and advanced the day of reunification, an official Chinese newspaper said yesterday. "Compatriots on both sides of the straits haveReuter - 364 words
-
422 1993-05-01 3 Reuter TAIPEI Taiwanese investment in China will grow steadily despite the lack of an agreement on investment protection during this week's talks between Taipei and Beijing, economists and businessmen said yesterday. The talks, the highest-level contact between the two oldReuter - 422 words
-
Article, Illustration249 1993-05-01 3 Leslie Lopez - From Leslie Lopez in KUALA LUMPUR HIEW Min Yong. once one of Malaysia's most powerful timber tycoons, was sentenced yesterday by a Sessions Court to a four-year jail term on charges of cheating and fraud. But the logging magnate from249 words
-
253 1993-05-01 3 AFP BANGKOK Thailand's economic growth, one of the world's fastest, may be revised down to 7 per cent in 1993 from earlier projections of 7.5 to 7.8 per cent, according to news reports yesterday. The Bangkok Post and The Nation newspapers quoted BankAFP - 253 words
-
Article, Illustration34 1993-05-01 3 Reuter HANOI A new Vietnamese honour guard going through a marching drill yesterday while an officer (right) gives instructions. Vietnam commemorated the 18th anniversary of its reunification yesterday. ReuterReuter - 34 words
-
480 1993-05-01 3 Reuter HONGKONG Governor Chris Patten left for the United States yesterday after denying that his credibility will evaporate if China drags out negotiations on the colony's democratic future. Speaking at Hongkong airport. Mr Patten told reporters he would plead with USReuter - 480 words
-
296 1993-05-01 3 Reuter HONGKONG The government has accepted a HK52.26 billion (*****.8 million) tender for work on the colony's new US$22 billion (5535.2 billion) airport. The contract for the Kwai Chung viaduct section of Route Three was won by the French-Hongkong joint ventureReuter - 296 words
-
ASIA NOTES
-
77 1993-05-01 3 AP KUALA LUMPUR Malaysian prince Raja Kamarul Bahrin Shah said yesterday that he would seek the extradition of his Australian ex-wife to face a charge here of removing their two children from his lawful custody. Raja Kamarul told the national news agency Bernama thatAP - 77 words
-
Article80 1993-05-01 3 AFP NEW DELHI The Indian government yesterday pursued an overhaul of its administration in Kashmir following a police mutiny, as protests against alleged atrocities by federal troopfc paralysed the state. The Press Trust of India said another adviser to Kashmir governor K V Krishna Rao had beenAFP - 80 words
-
Article, Illustration54 1993-05-01 3 Reuter MANILA Filipinos sifting through garbage yesterday foi anything they can sell or recycle at a dumpsite popularly known as "Smokey Mountain" in a slum area of Manila. The site will be closed from today so that the government can turn it into a housingReuter - 54 words
-
Article57 1993-05-01 3 AFP BEIJING A severe drought has left more than 16 million people without drinking water and is killing crops in one-fifth of China's farmland, an official newspaper reported yesterday. Drought is a problem in 17 of China's 31 provinces, covering more than 19 million hectares ofAFP - 57 words
-
Article53 1993-05-01 3 Reuter BOMBAY Stockbroker Hiten Dalai, one of the main accused in a US$l.2B billion (Ss2 billion) securities scandal that rocked India's financial markets, was sentenced to one year's imprisonment yesterday and fined 100,000 rupees (about 555,100). Dalai, 34, was charged with defrauding Standard Chartered Bank of 780Reuter - 53 words
-
-
398 1993-05-01 3 Reuter MANILA Former Philippine First Lady line Ida Marcos, dismissing reports that she plans to remarry, says God has a special place in hell for people who spread rumours that her American lawyer is her lover. "I haveReuter - 398 words
-
-
THE WORLD
-
WORLD WATCH
-
94 1993-05-01 4 Reuter GENEVA Peter Sutherland, chairman of Ireland's biggest banking group, is tipped to replace Arthur Dunkel as direc-tor-general of the Gatt world trade body, delegates said yesterday. India's ambassador Balkrishan Zutshi, a respected mediator, confirmed he was holding behind-the-scenes negotiations among Gatt's 110Reuter - 94 words
-
Article, Illustration59 1993-05-01 4 Reuter LONDON Mick Martineau (centre) of Christie's auctioneers standing on Thursday between models wearing 70's footwear from the rock bank Kiss. The shoes together with a selection of Kiss stage costumes will be on sale at an auction of rock memorabilia this month. They are expectedReuter - 59 words
-
60 1993-05-01 4 Reuter BONN The government estimates that west German gross national product will fall 1.8 per cent this year, a parliamentary official said yesterday. Rudi Walther, the Social Democratic chairman of parliament's budget committee, told reporters that lower tax income contained in the government'sReuter - 60 words
-
55 1993-05-01 4 AP PARIS French President Francois Mitterrand yesterday signed a new constitution for Andorra, formally completing an independence process that makes the tiny country Europe's newest sovereign state. Mr Mitterrand and Joan Marti Alanis, the bishop of Urged, Spain, had jointly ruled the minuscule Pyrenees principality underAP - 55 words
-
63 1993-05-01 4 Reuter LONDON Buckingham Palace could become London's biggest tourist attraction when Queen Elizabeth opens its doors to the paying public for the first time this summer. Up to 400,000 visitors each summer are expected to tour the palace, a symbol of British sovereignty which isReuter - 63 words
-
-
192 1993-05-01 4 Reuter BRUSSELS The European Commission has set out a deferred timetable for quicker disptantling of trade barriers with Eastern European countries and urged European Community member states to back their goal of joining the EC. Commission sources said on Thursday thatReuter - 192 words
-
475 1993-05-01 4 Reuter FRANKFURT Last-ditch efforts were made yesterday to avert a strike in eastern Germany's steel and engineering industry and local political leaders warned a stoppage would cause havoc in the region's fragile economy. IG Metall, Germany's largest union, said strikes in protestReuter - 475 words
-
484 1993-05-01 4 Reuter AFP BRUSSELS The European Commission has urged China to buy more European Community goods to curb what it says is a growing trade deficit with Beijing. Trade Commissioner Leon Brittan pressed Foreign Trade and Economic Cooperation Minister WuReuter; AFP - 484 words
-
310 1993-05-01 4 Bloomberg Business News WASHINGTON There are some indications that a threemonth decline in consumer confidence in the United States is ending, said Laura D'Andrea Tyson, head of the Council of Economic Advisers. "There is some sign of a turnaround in consumer confidence," MsBloomberg Business News - 310 words
-
Article, Illustration460 1993-05-01 4 Reuter WASHINGTON President Bill Ginton marked his 100 th day in office on Thursday saying he felt "quite good" about his start but admitted it was harder to change things in Washington than he had realised. White House officialsReuter - 460 words
-
316 1993-05-01 4 Reuter AMMAN A United Nations nuclcar expert said yesterday Iraq could be still hiding machinery vital to the manufacture of nuclcar bombs. Rich Hooper, arriving in Baghdad at the head of a UN inspection team, also said Iraq must reveal theReuter - 316 words
-
442 1993-05-01 4 Reuter LONDON Talks to reschedule around US$5 billion (SsB billion) of South African debt to commercial banks have ended but participants closed ranks yesterday and refused to comment on the politically sensitive issue. Banking sources said there would be noReuter - 442 words
-
226 1993-05-01 4 AP WASHINGTON Easy eavesdropping on wireless telephones and carefree hacking into corporate and government computers is raising concerns in the US Congress. "There will be legislation," chairman Edward Markey said on Thursday at a hearing of his Energy and Commerce telecommunications subcommittee. Just asAP - 226 words
-
359 1993-05-01 4 Reuter WASHINGTON The rouble zone is unlikely to last beyond the end of 1994 as former Soviet republics race to dump the ailing currency, officials with the International Monetary Fund said on Thursday. The Washington-based organisation recommended last year that membersReuter - 359 words
-
-
COMPANIES & MARKETS
-
Article, Illustration426 1993-05-01 5 Sylvia Wong - By Sylvia Wong SINGAPORE Eager home buyers have snapped up almost all of the 412 condominium units in Wing Tai Holdings' Tiong Bahru project before it has been launched. Wing Tai officials confirmed yesterday that all but two $1 million penthousesSource: Bridge Info - 426 words
-
202 1993-05-01 5 SINGAPORE The Keppei group intends to review the business of takeover target Resources Development Corporation Ltd to determine which activities the building materials supplier should keep. Keppei Integrated Engineering, the takeover vehicle for the Keppei group, said in a circular to shareholders202 words
-
510 1993-05-01 5 Magdalene Ng - DBS CHARITY By Magdalene Ng SINGAPORE The bull run on the Singapore and Malaysian stock markets has not ended, according to broker J M Sassoon Co. According to the firm's general manager of research, Tng Tai Kok. the markets are in the510 words
-
Article, Illustration336 1993-05-01 5 Source: Bridge Info Performance of STII's index stocks Apr 30 Laat Seas* Mi Stack Ml* Char bctoraawt ($)<!> Avimo 2 260 0.010 1.77 3.17 CkC 7 300 0 400 5.88 126 911 Ccrcboj 5.350 -0 050 4.19 -13.17 FAN 11 *00 -0.300 9 23 -1317) GF Asia 3 280Source: Bridge Info - 336 words
-
217 1993-05-01 5 SINGAPORE Khoo Teck Puat's Hotel Malaysia yesterday announced markedly better interim profits while his other listed hotel group, Goodwood Park, released slightly poorer results. For the six months ended March 31, Hotel Malaysia's net profit jumped 64 per cent to $4.82 million217 words
-
Article, Illustration834 1993-05-01 5 Joyce Quek - Managers must not abuse minority shareholders 9 trust HOCK LOCK SIEW By Joyce Quek SINGAPORE "If you don't like the way we're managing the company, why don't you sell your shares?" Such a retort from management to a shareholder may not be unusual if the board has solid control of834 words
-
220 1993-05-01 5 Lilian Ang - By Lilian Ang SINGAPORE Construc-tion-based Low Keng Huat (LKH) yesterday announced a 40 per cent drop in net earnings to $3.98 million for the year to Jan 31, 1993. Group turnover was $135.28 million, against $135.78 million previously. But operating profit fell 54220 words
-
COMPANIES
-
COMPANY BRIEFS
-
79 1993-05-01 6 Land General plans new township Bernama KUALA LUMPUR Land General Bhd is set to be the developer of a new township loeated near the North-South Highway corridor in north Selangor in the near future, following the recent increase in its land bank to 2,689 hectares, chairman Wan Azmi Wan Ham/ahBernama - 79 words
-
Article66 1993-05-01 6 Bernama KUALA LUMPUR Malaysia Mining Corporation Bhd has recorded a group pre-tax profit of M 576.05 million (5547.91 million) for the year ended Jan 31, 1993, a 6.8 per cent increase from M 571.18 million during a corresponding period last year. Group turnover, however, fellBernama - 66 words
-
60 1993-05-01 6 Bernama KUALA LUMPUR Golden Plus Holdings Bhd announced here vesterday that its acquisition of 28.85 million ordinary shares of Msl each in KFC Holdings (Malaysia) Bhd and M 54.22 million (552.66 million) nominal amount of 7 per cent irredeemable convertible unsecured loan stock inBernama - 60 words
-
Article52 1993-05-01 6 SINGAPORE Inchcape Bhd has set up a new company to market Salvatore Ferragamo fashion products. The Italian highend range of shoes, handbags and clothing will now be distributed through Inchcape Moda instead of Moutrie Fashions. Inchcape Moda is looking for space to open a flagship52 words
-
-
Article, Illustration242 1993-05-01 6 SINGAPORE Listed Singapore Shipbuilding Engineering Ltd's (SSE) loss-making Indonesian arm is expected to turn the corner soon. SSE chairman Lim Ming Seong said in SSE's 1992 annual report that although the joint venture "has yet to show profitable results, its improved sales performance is242 words
-
307 1993-05-01 6 MBT KUALA LUMPUR The UK-based Fleming group, together with the Hongkongbased Jardine Fleming Holdings Ltd (JF), holds a portfolio of M 53.3 billion (SS2.I billion) worth of shares quoted on the Kuala Lumpur Stock Exchange. JF managing director Alan Smith said at aMBT - 307 words
-
555 1993-05-01 6 MARKET WATCH Reuter KUALA LUMPUR Malaysia's power giant Tenaga Nasional Bhd is set to report interim earnings showing that the country's power shortage has not hurt its bottom line, analysts said. "Some people may be expecting the power shortage problem to affect greatlyReuter - 555 words
-
360 1993-05-01 6 Loll Hui Yin - From Loll Hui Yin in BANGKOK A NEW trust fund will be established here in a move aimed at giving foreign investors greater access to Thai equities. The decision to go ahead with the fund was reached after the Securities and Exchange Commission360 words
-
422 1993-05-01 6 Loh Hui Yin - From Loh Hui Yin in BANGKOK THE watchdog Securities and Exchange Commission has made known that it intends to let the Thai stock market ride out by itself the dampening effects resulting from its crackdown on share manipulation. "We have no plans to422 words
-
328 1993-05-01 6 Kooi Cho Teng - By Kooi Cho Teng SINGAPORE Thai finance and securities house Phatra Thanakit has reported fiat earnings for the first quarter of this year, due to lower interest income and brokerage fees. Net profit edged up to 252.9 million baht (SSI6 million), just328 words
-
Article, Illustration372 1993-05-01 6 SINGAPORE General printing remains the most difficult of the core businesses of Singapore National Printers, as the first three months of the year showed, said chairman Lum Choong Wah. In a message in the group's latest annual report. Mr Lum372 words
-
272 1993-05-01 6 AFP TOKYO Japanese trading giant Itochu Corp plans to invest about US$B million (SSI3 million) in China Strategic Investment Ltd, a Hongkong company controlled by Singapore tycoon Oei Hong Leong, a spokesman said yesterday. The spokesman said the acquisition of about 3AFP - 272 words
-
290 1993-05-01 6 Maggie Ford - From Maggie Ford in JAKARTA NET INCOME of PT Astra International, Indonesia's largest motor company, plunged 61 per cent to 81.S billion rupiah (5561.9 million) last year, as falling car sales caused by high interest rates and higher taxes290 words
-
271 1993-05-01 6 Claire Leow - By Claire Leow SINGAPORE Japan's Casio Computer Company plans to double its production of watches and calculators in South-east Asia by 1995 to counter the effect of the rising yen. Annual output from regional factories would rise from 70-80 billion271 words
-
Article474 1993-05-01 6 UNIT TRUSTS FUNDS w—fwi' prkM ($> May 3 Prudential Singapore Unit Trust PniUmk Mgd Fund 1.10 I.IS The Commerce 1.35 1.42 MARA-Bumiptftra The Savin* Fund 1.17 123 Firs B'pulra 179 184 Spore Pre* Fund 0 55 0.M Second B putra 177 182 S pore Sec F«d 0.90 0.95 Th.rd B'pu.ra474 words
-
-
FINANCE & COMMODITIES
-
648 1993-05-01 7 IHT HONGKONG Turmoil in the international reinsurance market, where insurance companies themselves buy protection against future pay-outs, promises to bring big change to the Asian property and casualty insurance arena. Higher premiums, a shakeout among smaller local insurers and lower profitsIHT - 648 words
-
474 1993-05-01 7 Reuter COPENHAGEN Denmark's Hafnia Holding A/S, whose ambitions to gobble up bigger Nordic competitors ended with its own death, announced yesterday the biggest loss in Danish corporate history. Hafnia, in the process of winding up its operations after suspending payments last August, reported inReuter - 474 words
-
181 1993-05-01 7 Bernama KUALA LUMPUR Development Commercial Bank Bhd is undertaking a new marketing strategy to sell its unit trust fund, DCM-RHB Dynamic Fund, which has been poorly received by the public. Chairman Geh lk Cheong noted that only five million out ofBernama - 181 words
-
Article, Illustration467 1993-05-01 7 DBS weekly currency review US$/DM: Further downside expected The US dollar gapped down from last Friday's close of 1.5835 to reach a low of 1.5645 on Monday before recovering to a high of 1.5975 on Wednesday. Selling interest then returned to see the unit ease467 words
-
341 1993-05-01 7 Bloomberg ENERGY REPORT NEW YORK Crude in New York and London were trading about unchanged as traders said some of Thursday's rally on fears of US intervention in Bosnia was an over-reaction. Crude soared 39 cents a barrel Thursday on increasing interest341 words
-
Article, Illustration1483 1993-05-01 7 rnade-Hnfthted index lukvlalrtl against S'porr'i lap 14 trading panmn Bate }rar 198* US$/S$ forward rates Noon Apr 30 ss BM Offer I-month 1.614} ***** -•month 1.614) 1.6160 3-month 1.6146 I 6161 6-month 1.6142 ***** Source: OCBC FOREIGN CURRENCY NOTE RATES A* at 10m yastardajr: Singapore dollars to one unit of1,483 words
-
Article, Illustration150 1993-05-01 7 THE currency markets were relatively quiet yesterday, ahead of month-end closing and G7 press releases from their current meeting. In the USS/SS market, the local banks bid up the USS from a low of 1.6135 to 1.6155. The strong local bourse and firm SS interest150 words
-
Article187 1993-05-01 7 Reuter LONDON The dollar was rudely awoken from its day-long slumber in late European trade yesterday by news the Bundesbank was cutting a little-known interest rate. Traders said the dollar leapt a pfennig in confused trade after Frankfurt money dealers reported the Bank was cutting its three-day Treasury BillReuter - 187 words
-
Article87 1993-05-01 7 AFP NEW YORK The dollar continued its slide against the yen in quiet trading nere early yesterday, with little apparent reaction to the Group of Seven's call for currency stabilisation this week. At 9:45 am EDT, the dollar traded at 110.70 yen down from 111.05 here late Thursday.AFP - 87 words
-
-
COMMODITIES & FUTURES
-
1434 1993-05-01 8 SIMEX REPORT Reuter SINGAPORE Simex Eurodollar futures ended slightly higher yesterday and the undertone for the contract remains firm as US economic indicators continue to indicate a sluggish recovery for the economy, dealers said. "The Euros are pretty healthy. The GDP figures were weak and theReuter - 1,434 words
-
955 1993-05-01 8 COMMODITIES REPORT Tin TIN closcd nine cents lower at M$ 14.08 per kg after a weaker London market prompted higher offering. Traders said turnover increased to 94 tonnes from 79 on Thursday. The higher offering was attributed to miners' disposals955 words
-
-
Article1658 1993-05-01 8 Rubber MS Commodity Exchange (futures closing as at lpen) RSS 1 Contract (S ccnts/kg) Close Volume Open Month High Low Sett (tonnes) Interest May 93 OOO OOO I 30.75 0 700 Jun 131.75 131.25 131.50 325 4.650 Jul 0.00 0 00 132.50 0 4.225 Aug 0.00 0 001,658 words
-
REGIONAL STOCK MARKETS
-
Article1125 1993-05-01 9 1.2 Australian stocks crept up at the close with the main market indicator hovering around 1.680 after a cautious day's trading yesterday. Brokers said the market was consolidating after plunging below 1,700 points on Thursday and investors were sidelined by a lack of economic news and mixed overseas markets.1,125 words
-
Article590 1993-05-01 9 +9.74 Share prices breached new records at the close yesterday but were off the day's highs as punters took profits earned during the week, brokers said. Excess cash in the system has been driving the market, boosting not only blue chips but also second liners and even mining issues590 words
-
Article531 1993-05-01 9 +36.05 Taiwan stocks finished off their highs as profit-taking emerged in late trade yesterday, brokers said. The Weighted Index, which gained more than 90 points at one stage, ended 36.05 points up at 4,563.52. Turnover rose to NTS3B.7 billion from Thursday's NTS2B.9 billion. Low-priced stocks attracted most buying, brokers531 words
-
Article218 1993-05-01 9 -3.19 Late institutional support failed to buck a profit-taking downward trend yesterday, pushing the market to a lower close in a day of thin trade, brokers said. They expected the consolidation to continue today but forecast no drastic plunges. Some said the market would show a mild rebound next218 words
-
Article495 1993-05-01 9 •16.13 New Zealand shares ended down from their record peak after a strong run but turnover was about half that of the last few days. The NZSE-40 Capital Index ended 16.13 points lower at 1,611.74. Volume was worth NZ524.2 million. Brokers said the fall was largely due to495 words
-
Article69 1993-05-01 9 -21.97 Leading shares fell after selling was triggered by speculators who feared poor full year results for the year ending in March for some major companies. The Bombay Stock Exchange (BSE) Index fell 21.97 points to 2.122.30. The National Index fell 0.54 to 965.24. Associated Cement Cos was the69 words
-
-
WORLD STOCK MARKETS
-
Article973 1993-05-01 9 Britannia Funds Sterling Cash Bid Offrr Mim ap Deport MOO 1*6500 Mim Jerses (>ik 0 .1*4? 0 MOO Mim Mjt Wnw I)***) *1 OJOO I S$ Cash Income Plus fund *****0 I04T00 PS t Reverse Fund 5 2000 5 2100 Sterling M«f> Eiko hrfoniuiKT ***** 044}* Far EM Fund *2973 words
-
Article623 1993-05-01 9 +26.3 Shares romped to a higher close yesterday as the market was enlivened by talk of an imminent takeover bid but strategists said market upside in the short term is limited. The FTSE-100 Index closed 26.3 points higher at 2,813.1, comfortably above the psychological 2,800 mark but down 30.7623 words
-
Article105 1993-05-01 9 18.48 The Paris boursie spent much of the day in the doldrums but turned around towards the end of the session as technical factors came into play. The CAC-40 index ended 18.48 points stronger at 1,939.03. Paris Apr 30 Fr Xir-LiguiJr T4J* 00 -1000 Xlcalet XnMhom *50 00 uix.il105 words
-
Article114 1993-05-01 9 7.3 Swedish stocks were mostly higher, as investors piled into the market in the morning, at the end of the current trading period, traders said. The traders said the Swedish market was also pepped by hopes of lower interest rates, although market rates tended to rise. The OMX index114 words
-
Article145 1993-05-01 9 •2.6pc Key shares ended down but well off lows after the government of Prime Minister Carlo Azeglio Ciampi was thrown into early crisis by the resignation of four ministers. The MIB Index closed 2.6 per cent down at 1,163. Dealers said they were waiting for news on Mr Ciampi's145 words
-
Article235 1993-05-01 9 +5.3 Swiss shares closed firmer as Wall Street's higher opening inspired selective buying late in the session. Volume was low and dealers said yesterday's slight rise did not mean that the ongoing consolidation had come to an end. The broad SPI Index closed 5.3 points up at 1,323.7. The235 words
-
Article182 1993-05-01 9 +3.25 Cierman stocks ended higher for the first time since April 19 and the market looks likely to carry yesterday's gentle upwards trend on into next week, dealers said. The 30-share DAX index closed 3.25 points or 0.2 per cent higher at 1.627.19, after retreating from its intraday high182 words
-
Article146 1993-05-01 9 +3.56 Some technical buying and short-covering after 11 consecutive days of falling prices, pushed Belgian shares to a slightly higher close in an illiquid market. Traders said the market remained extremely vulnerable and they saw little scope for recovery next week. The Bel-20 index of leading shares closed 3.56146 words
-
Article325 1993-05-01 9 -16 South African gold shares made a strong recovery near the close as profittakers were taken by surprise by a strong bounce in the gold price. Dealers said gold shares had headed steadily lower into afternoon trade as the gold price moved lower and investors looked to close off325 words
-
Article297 1993-05-01 9 +44.84 Stocks opened stronger yesterday, led by banking shares which continued to rise following a recovery in the Canadian dollar and a decline in shortterm money market rates, dealers said. The TSE-300 Index rose 7.94 points to 3,763.00 on volume of 16.4 million shares. Advances led declines 260 to297 words
-
Article720 1993-05-01 9 11.62 Wall Street stocks rose yesterday, pushed along by cash-laden mutual funds seeking investments. At 1 pm EDT, the Dow Jones Industrial Average was up 17.56 points at 3,442.68. Advancing shares outnumbered declines 11-5 on the New York Stock Exchange. Volume was about 142 million shares. Late computer-pro-gramme720 words
-
-
Article, Illustration2937 1993-05-01 10 Reuter HONGKONG Share prices closed easier on profit-taking yesterday, with many investors keeping to the sidelines ahead of the weekend, brokers said. The Hang Seng Index dropped 53.54 points to finish at 6,830.51 after gaining about 30 points in early trade. Turnover stood at HKS4.3I billion. "Individual stocks suchReuter; Source: Bridge Info - 2,937 words
-
Article, Illustration425 1993-05-01 10 HONGKONG Most shares edged higher in the Shenzhen A Market yesterday and the Credit Lyonnais Securities Asia Shenzhen A index finished 0.53 per cent higher at 2,998.61. Turnover on the B market fell. Brokers said the move by the US Securities and Futures Exchange to allow funds to invest425 words
-
Article, Illustration2483 1993-05-01 10 Reuter TOKYO Stocks ended higher and the Nikkei Average closed at a new high for 1993 yesterday. Buying of blue chips was encouraged by a moderation of the yen's rise following the G7 communique, which stressed the need tor a stable currency market, brokers said. The Nikkei rose 464.61Reuter; Source: Bridge Info - 2,483 words
-
Article, Illustration1783 1993-05-01 10 Reuter BANGKOK Stocks edged back up in the last minutes of trade but still closed at the year's low yesterday, brokers said. Stocks slipped almost 12 points in the afternoon on sales of shares in finance and securities firms. The SET Index dropped 4.28 points to close at 845.29Reuter; Source: Bridge Info - 1,783 words
-
Article, Illustration1037 1993-05-01 10 Reuter JAKARTA Share prices closed higher in moderate trade yesterday, brokers said. The official index rose to 314.10. up 0.88 points. "Locals were driving the market and concentrating on stocks with a high premium." a dealer with a foreign house said. Companies which reported a sharp rise in netReuter; Source: Bridge Info - 1,037 words
-
Article, Illustration2769 1993-05-01 11 Source: Bridge Info Source: Bridge Info MOST ACTIVE volume Mulphj I nil 50c 8.881.000 KcnongBhd MV 7.WI.000 KcmjNjn MK' 7.6211.01)1) Mctropk-x 50c 6.531.000 ldri» Hvd 50c 6.4 II 000 Promcl 6.*****0 SdDKdkMk 4.8<W.000 I ml Oxvgcn MX. 4.625.000 Scl Properties 4.5'M.OOO (icrKT.il orp 3.468.000 Bedford 50c 3.483.000 kamurilingSource: Bridge Info - 2,769 words
-
KUALA LUMPUR STOCK EXCHANGE
-
Article, Illustration5430 1993-05-01 11 Bernama KUALA LUMPUR Share prices here closed higher yesterday in brisk trading as institutional buying of component stocks and renewed .speculative interest pushed the Composite Index to stay at record levels, closing at a new high of 719.61. The KLSE Composite Index erasedBernama; Source: Bridge Info - 5,430 words
-
-
STOCK EXCHANGE OF SINGAPORE
-
Article, Illustration7165 1993-05-01 12 Soh Tiang Keng - By Soh Tiang Keng SINGAPORE Singapore Airlines set the trading pace in Singapore shares which closed slightly higher yesterday in a cautious market still consolidating from the massive gains chalked up during the past four months. The 30-counter Straits Times Industnajs Index rose bySource: Bridge Info - 7,165 words
-
Article, Illustration73 1993-05-01 12 Paul Leo - HOT STOCK Paul Leo UNITED Engineers jumped 40 per cent in six months to a high of $2.1S yesterday and is poised for a correction. Sell at $2.13 as it is likely to trade towards the support of Si.9o. Both the weekly and daily charts are showing divergenceSOURCE: BRIDGE INFO - 73 words
-
-
-
Page 5 Advertisements
-
Advertisement459 1993-05-01 5 BUS IN E S S TIMES TOLL-FREE TEL. No. 1-800-737 0043 FAX:734 3698 IN THE MATTER OF THE COMPANIES ACT. CHAPTER 50 AND IN THE MATTER OF MORY-MONDUL EXPRESS (S) PTE LTD (In Members' Voluntary Liquidation) NOTICE OF SPECIAL RESOLUTION (Pursuant to Section 290(2)(b) At an Extraordinary General Meeting of459 words
-
Advertisement234 1993-05-01 5 IN THE MATTER OF THE COMPANIES ACT, CAP. 9* AND IN THE MATTER OF CHILWINA INVESTMENT PTE LTD (la Mcaben' Voluntary Liquidation) NOTICE IS HEREBY GIVEN pursuant to Section 308(1) of the Companies Act. Chapter 50. that a Final General Meeting of the abovenamed Company will be held at 133234 words
-
-
Page 6 Advertisements
-
Advertisement6 1993-05-01 6 Dividends table has been held over6 words
-
-
Page 8 Advertisements
-
Advertisement22 1993-05-01 8 "It was plain sailing selling my cabin axrisen" V»g s?..!'*' ."""MM* I j 4 Call today for results tomorrow. CATS. 737-1166 j22 words
-
Advertisement22 1993-05-01 8 As and when the latest London/ Rotterdam priees are not available, the previous trading day's closing figures are carried instead BB l_22 words
-
-
Page 9 Advertisements
-
Advertisement20 1993-05-01 9 Faster, friendlier Ptel Check out a locally developed software system that helps banks take the drudgery out of time-consuming transactions20 words
-
-
Page 10 Advertisements
-
Advertisement147 1993-05-01 10 Carrier's New Santos Chronoreflex The winning Santos collection from Cartier grows from strength to strength. Since it was first created in 1904 as a sober and classic watch, it revolutionalised the global market in 1978 by appearing n a s 4 uare metal version with screws. Ten years on, the147 words
-
-
Page 11 Advertisements
-
Advertisement50 1993-05-01 11 What's ahead? Local IT chiefs give their views on what's happening in the regional IT industry More IT help for local firms Down to earth and affordable seminars, grants to help you computerise...is your firm taking advantage of this? All this, and more, in BusinesslT. This Monday, in Business Times50 words
-
-
Page 12 Advertisements
-
Advertisement145 1993-05-01 12 Carrier's New Santos Chronoreflex The winning Santos collection from Cartier grows from strength to strength. Since it was first created in 1904 as a sober and classic watch, it revolutionalised the global market in 1978 by appearing in a square metal version with screws. Ten years on, the watch took145 words
-
-
SPORTS
-
Article, Illustration410 1993-05-01 13 Officials forced to shorten sodden Cannes course Golf AFP MOUGINS, Franco Pierre Fulke, a 22-year-old Swede, who refuses to play golf in the winter months and Scotland's Brian Marchbank were the surprise first round leaders in the Cannes Open here at saturated Mougins on Thursday.AFP - 410 words
-
163 1993-05-01 13 AFP SAND SPRINGS, Oklahoma Muhammad AH slowly walked back to his chair, paused, then bit his bottom lip and directed his familiar, menacing glare at a familiar rival. Parkinson's syndrome has taken a toll on All's motor skills and his speech,AFP - 163 words
-
Article, Illustration65 1993-05-01 13 Reuter SEVILLE, Spain There's no such thing as a perfect job, as they say, but the shortcomings of his job as a bullfighter were irobably the last thing on Cesar Rincon's mind. Colombian bullfighter Rincon was thrown by his first bull at La Maestranza bullringReuter - 65 words
-
251 1993-05-01 13 AP THE WOODLANDS. Texas Blaine McCallister shook off heavy rains and a long delay to shoot an 8-under-par 64 on Thursday, taking a onestroke lead as the opening round of the Houston Open was suspended because of darkness. Seventy-eight players remained onAP - 251 words
-
759 1993-05-01 13 Shahiron Sahari - Shahiron Sahari casts his eye over the week that was Shahiron Sahari SINGAPORE The saddest sports-related news of the week was undoubtedly the death of the Zambian national soccer team in an air crash on Wednesday. The southern African nation lost 17 of759 words
-
SCORE CARD
-
Article, Illustration61 1993-05-01 13 Reuter NEW YORK Major League results Thursday: American Toronto 8 Kansas City 0; Chicago 7 Milwaukee 4; Baltimore 11 Minnesota 0; Detroit 3 Texas I. National St Louis 5 Colorado 2; Philadelphia 5 San Diego 3; San Francisco 10 New York 5; Florida 6 Atlanta 5: Houston 5 ChicagoReuter - 61 words
-
Article, Illustration45 1993-05-01 13 Reuter NEW YORK NBA first round playoffs Thursday: Eastern Conference Cleveland 114 New Jersey 98 (Cleveland leads best-of-five series 1-0); Boston 112 Charlotte 101 (Boston leads 1-0). Western Houston 117 LA Clippers 94 (Houston leads 1-0); San Antonio 87 Portland 86 (San Antonio 1-0).Reuter - 45 words
-
Article, Illustration138 1993-05-01 13 AP AFP Reuter THE WOODLANDS, Texas Partial scores Thursday from the rain-suspended first round of the US$l3 million Houston Open: 64 Blaine McCallister 65 John Huston 66 JefT Maggert. Ed Sneed 67 David Ogrin, Jim Mcgovcrn, Ben Crenshaw, Billy Ray Brown. Gil Morgan. AP MOUGINS, France Thursday's first roundAP; AFP; Reuter - 138 words
-
Article, Illustration46 1993-05-01 13 Reuter NEW YORK NHL first-round playoffs Thursday: Detroit 7 Toronto 3 (Best-of-seven series tied 3-3); Vancover 4 Winnipeg 3 (OT) (Vancouver wins series 4-2); Los Angeles 9 Calgary 6 (LA wins series 4-2). Note: Vancouver and Los Angeles advance to Smythc Division final. ReuterReuter - 46 words
-
Article, Illustration16 1993-05-01 13 AFP AUCKLAND Result of Super 10 match Friday: Auckland (NZ) 22 Natal (SA) 6. AFPAFP - 16 words
-
Article, Illustration24 1993-05-01 13 Reuter NEW YORK Tournament of Champions final Thursday (prefix number denotes seeding); 1-Janshcr Khan (Pak) b 2-Chris Dittmar (Aus) 15-7 12-15 15-4 15-9.Reuter - 24 words
-
Article, Illustration179 1993-05-01 13 AFP AFP AFP HAMBURG Second round results from the Women's Open Thursday (x denotes seed): Monica Seles (Yug xl) b Patricia Tarabini (Arg) 6-2, 6-2; Arantxa Sanchez Vicario (Spn x 3) b Barbara Rittncr (Gcr) 6-1, rctd; Manucla MalecvaFragniere (Swi x 5) b Natalia Baudonc (Ita) 6-0, 6-1; AnkcAFP - 179 words
-
-
SIDELINES
-
74 1993-05-01 13 AP ATHENS Serbian centre Slobodan Jankovic was paralysed from the neck down on Thursday after ramming his head against a cement basketball goal support in reaction to a referee's call during a semi-final game for the Greek championship. Jankovic, 30. was playing for Panionios of Athens.AP - 74 words
-
Article70 1993-05-01 13 Reuter SHEFFIELD, England Thailand's James Wattana threatened to blow Jimmy "Whirlwind" White away in their World Snooker Championship clash on Thursday. World number seven Wattana made a stunning start to his first semi-final appearance at the Crucible, sweeping into a 5-0 lead. But White ralliedReuter - 70 words
-
Article62 1993-05-01 13 AP TALLAHASSEE, Florida LPGA veteran Kristi Albers had an eagle on Thursday as part of a six-under 66 and grabbed the opening-round lead in the richest tournament in women's golf. Albers held a two-shot lead over Page Dunlap in the US$l.2 million (SSI.9 million) SprintAP - 62 words
-
67 1993-05-01 13 AFP STOCKHOLM Tennis legend Bjorn Borg shelved his ill-fated comeback on Thursday. The 36-year-old Swede, who has not won a match since he returned to top-class tennis two years ago, said he would concentrate on the veterans' tour in future. But he would notAFP - 67 words
-
Article, Illustration44 1993-05-01 13 Reuter SEOUL Indonesia's Benny Wijaya takes a fall during his match against South Korean Yoon Vong II in the Davis Cup Asia/Oceania zone Group One second round tie yesterday. Yoon beat Wijaya 6-4. 6-2. 4-6. 7-6 (7-4). ReuterReuter - 44 words
-
Article52 1993-05-01 13 AP ONEONTA. New York Pele. who led Brazil to three World Cup titles and then became an ambassador for soccer in the United States, was elected on Thursday to the US National Soccer Hall of Fame. The induction ceremony is scheduled for JuneAP - 52 words
-
Article65 1993-05-01 13 AP NEW YORK National Football League Super Bowl champion Dallas will open its 1993 season with a Monday night match against Washington at RFK Stadium on Sep 6. The Cowboys are unbeaten in six previous season-opening meetings with the Redskins. The Buffalo Bills, losers ofAP - 65 words
-
-
Article, Illustration706 1993-05-01 14 NBA Playoff Reuter BOSTON The Boston Celtics spoiled the post-season debut of the Charlotte Hornets and Cleveland, Houston and San Antonio, also got off on the right foot as the National Basketball Association playoffs got underway on Thursday. Xavier McDanicl scored 13Reuter - 706 words
-
-
Article1733 1993-05-01 13 ot» right ETA Flight ETD Ma DfeaM GA929 1120 Adelaide 2120 Amman RJ187 0135 Amsterdam KL837 1445 KL838 2310 SQ323 1725 DmMmt NZ21 1820 NZ22 1935 SQ286 2030 Gf 148 0905 B Sen Begawan B1421 1105 SQ182 0915 SQ181 1410 BI422 1205 BI429 2030 BI430 21251,733 words
-
Page 13 Advertisements
-
Advertisement41 1993-05-01 13 Fly Finnair's new Business Class to Europe. Finnair's new wide bodied MD-11 offers speed, comfort and space that's miles ahead of its competitors. Call your travel agent or 733 3377 for more details. We know the world from start to Finnish.41 words
-
-
SHIPS IN PORT
-
Article495 1993-05-01 14 Vessel Voy No Berth Arrival Departure Vessel Voy No Berth Arrival Departue Jurong Port Mercury lade 08E P10 alongsde 0105 0600 Cadmus 9301 US/16 alongside 0105/0700 Or Eipress 1 03A/93 P01 alongside 01 05/2300 Dorothy M ft 6 alongside 0105/0700 Rambo* Gl 06E/93 P096 alongside 30 04/2000495 words
-
Article2115 1993-05-01 14 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO DELIVERY OF FCL IMPORT CONTAINERS IN PROGRESS Ship Voy No Containen a»ahbte Ship Voy No Conlanm avaiabte Petr Staro 22SI93 29 04 93 0740 Fguard Bay 02S COO(EST) *****3 0700 Mm* ***** 29 04 93 0753 Lucky River 301 OOOiEST)2,115 words
-
-
Page 14 Miscellaneous
-
Miscellaneous405 1993-05-01 14 CRYPTIC CROSSWORD 1 Have force to take the ship (7) Lh m 5 Girl takes cover from a worm!(7) j—^^ 10 The man's taking a second to 'H' H BV IB IB H HI express disapproval (4) —Bi than a foot long (4) 16 George. BBH record on JIBB 19405 words
-
-
REGIONAL FOCUS
-
Article, Illustration1016 1993-05-01 15 Alan Boyd - Bangkok's decentralisation programme From Alan Boyd in BANGKOK THE real estate industry has reacted coolly to Thailand's latest attempt to ease congestion in Bangkok by shifting the investment focus to the provinces. Plans were unveiled last week for a1,016 words
-
-
Page 15 Advertisements
-
Advertisement596 1993-05-01 15 B B ?7il JW BPBMIIW If Open Junior Veterans Open Junior Veterans (Noam 1 (2l)yrs& (No age (20yis& Team Entry 'Team Name (if any) nwy form a h vrn enter team uithtmt affecting tlie the team from I I |II 1 I 111 II I I II ir i ■"MTIj596 words
-
-
Article, Illustration480 1993-05-01 16 Florence Chong - From Florence Chong in SYDNEY JAPANESE Prime Minister Kiichi Miyazawa warmly supported his Australian counterpart's call for a meeting of the heads of state of the governments of the Asia-Pacific Economic Co-operation (Apec) group. According to an official who attended a480 words
-
260 1993-05-01 16 NYT LONDON The Observer, the world's oldest Sunday newspaper, announced on Thursday that it had agreed to be purchased by The Guardian, guaranteeing that it will continue to publish. No details of the arrangement were released and the sale still has toNYT - 260 words
-
Article, Illustration529 1993-05-01 16 Sylvia Wong - By Sylvia Wong SINGAPORE Katsu Wada, wife of the founder of Japanese department store chain Yaohan, has died of a heart attack in Japan. Mrs Wada, 86, helped start the first of what later became the Yaohan group of companies with her husband Ryohei more529 words
-
290 1993-05-01 16 Reuter ROME Italy's two-day-old government pulled back from the brink of collapse yesterday after a wave of popular anger against political corruption nearly consigned it to the history books as the country's shortest. Thousands of demonstrators took to the streetsReuter - 290 words
-
533 1993-05-01 16 G-7 finance ministers' meeting AP Reuter WASHINGTON After years of finger-pointing and recriminations over economic policies, the United States and its major trading partners are proclaiming a new era of good feelings. But a few grievances remain. Finance ministers and central bank presidents fromAP; Reuter - 533 words
-
Article200 1993-05-01 16 Reuter WASHINGTON Long believers that no news is good news, the Group of Seven wealthy nations broke from tradition on Thursday to court the media with cash. Courtesy of the US Mint, hundreds of shiny new pennies were distributed to reporters covering the G7 talks inReuter - 200 words
-
465 1993-05-01 16 Personal income up o.6pc, boosted by farm subsidies AP Reuter WASHINGTON Factory orders fell 1.5 per cent in March for the sharpest drop in seven months as demand for aircraft and other manufactured goods weakened, the US Commerce Department saidAP; Reuter - 465 words
-
Article, Illustration357 1993-05-01 16 Reuter MOSCOW Russian President Boris Yeltsin is planning to set up a new "Federal Council" which could seize some law-making powers from Russia's conservative Supreme Soviet, a senior presidential aide was quoted as saying yesterday. Itar-Tass news agency quoted Federal Information CentreReuter - 357 words
-
256 1993-05-01 16 Reuter WASHINGTON The International Monetary Fund's poli-cy-making Interim Committee met yesterday to discuss ways to heal the global economy, narrow the gap between rich and poor and set the stage for recovery. The agenda includes helping the struggling former Soviet economies andReuter - 256 words
-
Page 16 Advertisements
-
Advertisement6 1993-05-01 16 -m* 11 Monday in Business Times6 words
-
-
Executive Lifestyle
-
Article, Illustration1469 1993-05-01 17 Mark Graham - Mark Graham meets some Singaporeans who find living in China a big challenge Mark Graham The writer is a Hongkong-based journalist who contributed this article to Executive Lifestyle VISITORS to pre-consumer-boom China had vivid impressions of the country's sheer awfulness to take home with them:Photos by Mark Graham - 1,469 words
-
STRAWS IN THE WIND
-
Article46 1993-05-01 17 HOMES are getting so expensive that some people prefer to live in cars. In the Classified ads' Apartments For Sale category was listed this item: "1982 Sapporo, COE 10/2001, very sporty and powerful, $19,800." All it needs is some coordinated bed linen.46 words
-
Article39 1993-05-01 17 JOURNALISTS are such a maligned lot. A colleague was introduced to a civil servant who immediately said: "I'm XXX from the CPF and no comments." The poor reporter hadn't even said anything other than his name.39 words
-
Article41 1993-05-01 17 WANT SOME entertainment during your lunch break? Depends on what your idea of entertainment is. A banner outside the Science Park proclaimed "Lunchtime Entertainment" and offered, as the first item on the agenda, a talk and video on Aids.41 words
-
Article45 1993-05-01 17 A MICHAEL Jackson special, shown recently on TV, waxed lyrical about how his record Thriller went gold all over the world. Unfortunately, at least one person in the business hadn't heard much of it the video of Billie Jean was titled Billie Jones.45 words
-
-
Article, Illustration716 1993-05-01 20 SUSAN TSANG - CltMfiu Review By SUSAN TSANG PETER and his friends do a musical revue during their university days, complete with bizarre costumes and silly numbers. In spite of their efforts, the performance goes down like a lead balloon when they try to entertain at a formal dinner. Ten716 words
-
Article, Illustration579 1993-05-01 20 SUSAN TSANG - By SUSAN TSANG *****, John Landis brought us An American ?rewolf in London, a delirious mixture of rror and comedy that managed to be both ghtening and funny. Then he made Michael :kson's Thriller video, and now, the director s managed to lure La Femme Nikita.579 words
-
Article, Illustration1076 1993-05-01 20 Nirmal Ghosh - Nirmal Ghoshfinds clean rooms, good food and lots of wildlife in Central India s Kanha National Park Nirmal Ghosh O back!" said the wildM life guard in Hindi. "Go back!" I translated into V Jan's ear. She shoved the gear into reverse. With a metallic groan, thePhotos by Nirmal Ghosh - 1,076 words
-
Article, Illustration1048 1993-05-01 20 HELEN CHANG - Travd Notes By HELEN CHANG TAIPEI city is a night cat. Entertainment here can purr, paw and pounce. Occasionally, it can even leave you badly scratched. In side-streets off Shuang Chen Road, neon lights blink names with poetic seduction: "Red Flower", "Beautiful Cloud", "Feminine1,048 words
-
Article, Illustration422 1993-05-01 21 SUSAN TSANG - Auctions By SUSAN TSANG EARLIER this week, Sotheby's in Singapore received both veteran bidders and newcomers to a phone link-up with their auction in Hongkong. For greenhorns, the experience would have dispelled the perception of auctions as megabuck processes that only involve the well-heeled. True,422 words
-
EPICURE
-
Article, Illustration628 1993-05-01 23 SUSAN TSANG - Bon Appetit By SUSAN TSANG THE PROBLEM with many high teas about town is that they are usually quite high in cholesterol. Shima Restaurant at the Goodwood Park Hotel has good news for the health-conscious who still want to have their afternoon tea a dofu628 words
-
450 1993-05-01 23 NIRMAL GHOSH - By NIRMAL GHOSH INDIAN restaurants seem to have popped out of the woodwork in droves lately. One such is Shayray Punjab at Lorong Mambong. Shayray is an anglicised version of Sher-e-Punjab (Lion of Punjab), a common name for Punjabi restaurants of all descriptions in450 words
-
779 1993-05-01 23 N K YONG - Wine By N K YONG FINE WINE keeps for a long time, but even the finest does not last forever. Wine from a great Chateau or grower with a known track-record and from a great year can be expected to keep for 30 years779 words
-
-
TIME OFF
-
Article175 1993-05-01 23 Sammy Won't Go To School Directed by Lim Yu-Beng of Theatreworks, this is Desmond Sim's story of tests, expectations and the playground. Presented as part of the Directors' Laboratory programme. Today and tomorrow. May 6 to May 9 and May 13 to May 16, Bpm at the Black Box.175 words
-
Article39 1993-05-01 23 Shod Friday Lunchtime Cultural Programme In The Mood For Fantaisie from the flute of Goh Tiong Eng, accompanied by Lim Tshui Fang. May 7, 12.30pm at the Shell Theatrette. 3rd Floor. Podium Block, Shell Tower. Admission is free.39 words
-
Article408 1993-05-01 23 Singapore International Film Festival Trust After her boyfriend walks out on her, a pregnant seventeen-year old leaves home when her father dies. Hal Hartley weaves a grim, emotional, black comedy. Alay 1. I lam at Golden Sultan. Little Brother Two brothers leave home to find their father, only to408 words
-
Article, Illustration474 1993-05-01 23 Beyond Borders: First Solo Exhibition of Van Duong Thanh in Singapore With an artistic style which merges both traditional and contemporary Vietnamese art, Thanh expresses her history, culture and personality in her art. Till May 11 at Notices: The Gallery. Hilton International S'pore. 10am7pm daily; Ioam-spm on474 words
-
Article133 1993-05-01 23 Forum For The Arts Professor Yip Shing Yiu from Hong- Kong speaks on the appreciation of Chinese furniture in this second of a series of six sessions on the appreciation of Chinese art. Tomorrow, 2.30pm at the Guinness Theatre. Tickets at $8 may still be available. A133 words
-
Article172 1993-05-01 23 Audrey Tan - Compiled by Audrey Tan Singapore International FRm Festival Tickets for each screening may still be available at the door half an hour before showtime. Hotline: 269-2929. The New Rocky Horror Show An Australian revival of Richard O'Brien's classic, this R-rated rock musical is a tongue-in-cheek parody172 words
-
-
Article, Illustration1016 1993-05-01 24 Cwdyiw. Two graduate students, researching urban mythology, run into a demonic bogeyman in this Gothic flick. Virginia Madsen is good, but this film wastes her talents. Yishun 10: 2.55; 7.10; 9.20: 1130. Captaia Roe. Timid Martin Short inherits an old tub and hires bumptious Kurt Russell to take the1,016 words
-
-
Page 17 Advertisements
-
Advertisement161 1993-05-01 17 IMNI •>«■► ER R Y LOOK H IBK IF ~r"- I A\ AiUblr rx« h»%i»rl\ SINGAPORE Burberry* Main Shop 435 orrharri kojd. W2-42 H 44. Minna Atria. Siiigap<ire (W23 Trl ***** IS Burbrrrvt Shop-ln-Shop DAIMARI' l»N Orchard HALLEY'S ISETAN Havrlork ISETAN Orchard NAN HEN LEATHER GOODS S<X.O Auihorurd Dralrr* I»ES161 words
-
-
PERSONAL FINANCE & INVESTMENT
-
BULLS' EYE
-
Article, Illustration429 1993-05-01 18 Those polled on their views oj the Singapore stock market for the week ahead: Baring Securities, Dain a Securities Singapore. DBS Asset Management. Kay Hian James Capel. Kim Eng Securities. Morgan Grenfell Asia Securities. Ong Company. Peregrine Securities, Phillip Securities. OCBC Securities. Tat Lee Securities.Source: Bridge Info - 429 words
-
Article, Illustration524 1993-05-01 18 Gan Tjoen Hok - Gan Tjoen Hok Executive director and senior vice-president Republic Bank of New York (Singapore) Ltd old has clearly -w broken its sixyear downtrend as it decisively broke the major resistance of US$342-345 on April 23. It has been trading well above its 200-day moving average (at US$339)524 words
-
-
Article, Illustration974 1993-05-01 18 Chuang Peck Ming - Where do Singapore's corporate chieftains park their excess cash? Chuang Peck Ming finds out Chuang Peck Ming IT TAKES not only money to begin with but time, effort and investment know-how to make your money grow. Ask Singapore's corporate chieftains. After the Japanese, they are974 words
-
192 1993-05-01 18 CHENG Wai Keung says he wouldn't trust one. "If you rely on a second opinion, you can't maximise returns but you can lose much. If it's good, they'll get the cream while you get the crumbs. When it's bad, they've already192 words
-
Article, Illustration1057 1993-05-01 18 Genevieve Cua - STOCK By Genevieve Cua THE PRICE is attractive but the issue is too small that's how many investors view Ipco International's initial public offer, which closes on May 4. Here is an issue that offers a play on today's tantalising growth themes: a strong regional1,057 words
-
Article, Illustration1795 1993-05-01 19 Besides new factories, investors in China have another way to harness the country's economic miracle through the stock market in Shanghai The shanghai Stock Exchange (SSE) has been targeted by the central government as the country's leading financial market and stock exchange. Shanghai has1,795 words
-
Article, Illustration327 1993-05-01 19 Paul Leo - Spotlight currency By Paul Leo FEAR that the Indonesian rupiah may be devalued is likely to be unfounded but nonetheless investors should be cautious as the rupiah is likely to depreciate at a faster rate to get it back to the targeted 5 per centSource: TeleTrac - 327 words
-
Article, Illustration398 1993-05-01 19 Kooi Cho Teng - BT Golf Index By Kooi Cho Teng THE CURRENT bullish stock market in Singapore has brought firmer prices for local golf club prices. Singapore Island Country Gub, which increased its trans■fer fees by $10,000 last month, is slowly recovering towards its all-time high398 words
-
923 1993-05-01 19 Deposit amount l-wk l-mlh 3-mth 6-mth Deposit amount l-wk l-mth 3-mth 6-mth Amex Bank 100.000 -499.999 99 ***** 2.3730 2. moo 2 6250 n NZS «srmn. n«*>nm tnnm ,™n 10.000 49.999.99 4.0000 5.7500 5.7500 5.7500 S ilSSS JX 5,500 5,500 5923 words
-
-
Page 21 Advertisements
-
Advertisement47 1993-05-01 21 ifc; ;V. a, <!. >• V-/> M rm r i mwm Mm> thotwt liirii^lilKyMSiM^i^ f %^t|^ 4 **mmm I It > jjK& Bfe OTT- \-M y'.|' *iP|p GENUINE ARTICLE SfiSSQ '-V r DAI M A R U 177 RIVER VALLEY ROAD. SINGAPORE 0617. TEL: 339-1111 OPEN DAILY: 10.30 AM 9.30PM.47 words
-
-
Page 22 Advertisements
-
Advertisement1069 1993-05-01 22 Nothing Beats A Bud, where to wine, dine and entertain or Thai Buffet srg5 r g| aton,y $13*80++* Visit Cafe Carousel in May for a sampling of exotic dishes from the land of a thousand smiles. There's yam khamol (barbecued beef salad), gai phad bai ka-pao (sauteed chicken with hot1,069 words
-
Advertisement304 1993-05-01 22 Fancy Beijing? Then, we're delighted to suggest the Pine Court for a memorable dining experience. Try our Beijing specialities such as Baked Tench, Beijing Duck and Marinated Lamb and our lunch menu of > Beijing dian xin. glial To add to your enjoyment, JfllLj all these are well within your304 words
-
-
Page 24 Miscellaneous
-
Miscellaneous2433 1993-05-01 24 TODAY'S TV League 92/93 Roma M Live (Documenv Lazio. tary). ma NNNews(M). The Frog Prince, 11.25 am, China's Mast, 9.45 am, SBCB skills against Lazio. in 12.15 PMTVPwdifikaa(MK »M»i er is always one of 12.35 Langkawi Nrwana Alam The traffic system in Beging, Senmlaiadi (DocumentaThis fairy tale by the Brothers2,433 words
-