The Business Times, 16 April 1994

Microfilm: NL19363
Total Pages: 28
1 28 The Business Times
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  • Title Section
    Masthead
    13 1 Business Times MITA(P) 010/12/93 Weekend Edition, April 16-17 1994 WE KNOW ASIA 75*
    13 words
  • Article, Illustration
    Lock icon S'pore office rentals rising, say property consultants
    647 1  -  By Abdul Hadhi SINGAPORE Office rentals in Singapore are on the rise after bottoming out in the fourth quarter of last year, leading property consultants said. Christopher Fossick, Richard Ellis' director of Office Leasing, said this is because demand for office space has
    Source: JLW Research, Apr 1994  -  647 words
  • Article, Illustration
    Lock icon LDP split looms large as Watanabe gives ultimatum
    535 1 Reuter TOKYO Political realignment loomed in Japan yesterday as the country's biggest party began unravelling and feuding ruling coalition chiefs started sizing up potential partners to form new alliances. In the resulting political vacuum. Michio Watanabe. head of a large faction in
    Reuter  -  535 words
  • Article, Illustration
    Lock icon Disney chairman is highest-paid US executive with US$203m
    312 1 Bloomberg Business News NEW YORK Even Scrooge McDuck never dreamed of riches like these: Walt Disney Co chairman Michael Eisner took home U*****,010,590 (SS3I7 million) last year, about four times as much as the second highest-paid US executive. Business Week said on
    Bloomberg Business News  -  312 words
  • Article
    US rate fear continues to dog markets in region
    224 1  -  By Paul Leo SINGAPORE The Singapore and Hongkong stock markets fell yesterday on concerns that United States interest rates will rise soon while the Japanese and Malaysian bourses rose on domestic issues. Singapore's benchmark Straits Times Industrials Index fell 25.19 points
    224 words
  • 2am LATEST
    • Article
      Lock icon Dow Jones up 6.25 points
      53 1 Reuter NEW YORK Wall Street stocks were mixed in afternoon trading, hut the Dow Jones industrial average was up 6.25 points at 3,669.50 at 2pm EDT, with declines leading advances by ahout 10 to nine. Volume on the New York Stock Exchange was moderate at
      Reuter  -  53 words
  • Article, Illustration
    Former Amcol MD jailed one year and fined $100,000
    493 1  -  By Ramesh Divyanathan SINGAPORE Chief Justice Yong Pung How yesterday overturned a Subordinate Court's acquittal of former Amcol Holdings managing director Kang Hwi Wah and imposed a one-year sentence and SIOO.OOO fine for taking a 51.5 million bribe. In passing sentence,
    493 words
  • Article
    MARKET SUMMARY
    169 1 Stock market indices Friday Change STII 2.212.18 -25.19 KLSEComp 1.033.66 +12.36 Nikkei 20.164.63 177.43 Hang Seng 9,536.06 -64.57 SET Index 1,282.16 +46.90 Jakarta Comp 472.089 +4.71 CLSA China B ....1,001.58 +5.67 Aust All Ord 2.080 6 -14.4 FTSE 100 3.168.8 +36.6 Friday Previous 2pm close Dow Jones 3.669.50
    169 words
  • Page 1 Advertisements
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      Page 1 Advertisements Column 1
      15 1 Film Festival 1994: el i The joy of independents World trade agreement signed, Page 5
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      Page 1 Advertisements Column 2
      14 1 Hock Lock Siew: Pg 6 Electronics subcontractors face tough times Full reports, Pgs 12-16
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      Page 1 Advertisements Column 3
      78 1 Asia's corporate giants: el 3 China Steel 1 s global ambitions Stocks: el 4 Has the bull returned Amcol's share price takes a knock. Page 6 Wfc US interest rate outlook, Page 9 1 Greenspan, Federal Reserve signal higher rates A •Tyson says markets overreacting to inflation Quite simply the
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      Page 1 Advertisements Column 4
      41 1 CONTENTS S pore News 2 S'pofetffsia 6.7 Regional News 3.4 financial 9.10 World 4.5 Features Markets Opinions 0.2 Clob RISE. SES 14 16 H 1L4.5 Regional 12 Reviews E16.7 World 12 Sports ELB Currencies 10 TV Radio ELI2 Simei Commo 11
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  • SINGAPORE NEWS
    • Article
      Case urges flexible approach to issue of parallel imports
      342 2  -  By Ramesh Divyanathan THE Consumers Association of Singapore (Case) has recommended a flexible approach to the issue of parallel imports. It made this recommendation following the completion of an interim study which it has submitted to the Law Ministry. Parallel imports
      342 words
    • Article, Illustration
      Lock icon Bush says he opposes caning, but is silent over intervention
      486 2 Reuter FORMER US president George Bush said yesterday he opposes caning because it is brutal but gave no sign he may intervene in the controversial caning sentence on 18-year-old American Michael Fay. Mr Bush, who is on a private visit
      Reuter  -  486 words
    • Article
      PCS awards contracts for $3b expansion
      156 2 PETROCHEMICAL Corporation of Singapore (PCS) has awarded three contracts for the construction of its second ethylene plant and auxiliary facilities. The plant and facilities are part of its 53.4 billion expansion of the Singapore Petrochemical Complex. The contracts are to: JGC Corporation for an
      156 words
    • Article
      Lock icon S'pore's competitiveness assured in medium term
      433 2 But US report says labour, business costs in manufacturing have outstripped productivity gains AFP SINGAPORE is expected to remain competitive in the near to medium term, but an increase in real wages has outstripped productivity growth since 1986. a United States report says. The
      AFP  -  433 words
    • Article
      IPS launches essays on Singaporean values
      260 2 IS materialism wrong? Why are non-materialistic values not as "rewarding" as materialistic ones? Can there be a middle path between traditionalists and cosmopolitans in the debate on Singaporeans' values? Can there be room for "alternative" values? The Institute of Policy Studies (IPS) yesterday launched
      260 words
    • Article
      FEER allowed to raise circulation in S'pore to 2,000 from May 1
      249 2 THE GOVERNMENT has decided to allow the Far Eastern Economie Review to increase its circulation in Singapore to 2.000 copies from May 1. The Ministry of Information and the Arts yesterday said the Review had applied to circulate
      249 words
    • Article
      Vasoo awarded $210,000 damages in libel suit
      155 2 MEMBER of Parliament and varsity don S Vasoo was yesterday awarded $210,000 in damages by the High Court in his defamation suit against Chee Soon Juan, acting secretary general of the opposition Singapore Democratic Party. The suit was over remarks about him made
      155 words
    • Article, Illustration
      Here comes the sushi robot
      229 2 FOR those of us who think that sushi has to be handmade. think again. There is on the market a complete sushi-making system for which the sole agent is local company Continental Equipment. The system comprises a sushi robot that prepares rice cakes, a packaging
      229 words
    • Article
      President Ong to receive top NTUC award at May Day rally
      224 2 THE National Trades Union Congress is honouring President Ong Teng Cheong with its highest award, the Distinguished Comrade of Labour, at this year's May Day rally. NTUC seeretary-general Lim Boon Heng said yesterday that the award was in recognition
      224 words
  • Page 2 Advertisements
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      Page 2 Advertisements Column 1
      119 2 Hes One Of The Finest i Chefs In England. i Naturally Hes French. Somerset Maugham once said that to eat well in Fngland you need to eat breakfast three times a day. Fortunately, a few Frenchmen have since crossed the ditch. Men like Pierre Koffmann, proprietor of London's famed La
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  • Page 2 Miscellaneous
    • Miscellaneous
      Page 2 Miscellaneous Column 1
      512 2 WEATHER Singapore: Showers over several areas in the afternoon (Temperature range: 25-33). Aste-PacMc Mi/U* Cmi. £ara»« Hi/lV Cud. Buenos Am 22 12 Cloudy AuOiand 19 12 Cloudy Amsterdam 04 Cloudy Ocago 15 04 Snowers Bangkok 36 24 Cloudy *'f>ens :8«9 Cloudy Mono**. 28 21 Cloudy 22 08 Cloudy Be*n 11
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  • THE REGION
    • Article
      Lock icon Premature to say economy has bottomed: Japan vice-minister
      495 3 Reuter. AFP TOKYO It is too early to say Japan's economy has reached the bottom of the recession because industrial production may fall in April and unemployment is expected to worsen further, says Economic Planning Agency Vice-Minister Tsutomu Tanaka. "We should be
      Reuter.; AFP  -  495 words
    • Article
      Lock icon China attacks British parliamentary report on Hongkong
      255 3 Reuter HONGKONG China has attacked a British parliamentary committee report on Hongkong which backed London's uncompromising approach toward China. The Hongkong branch of Xinhua News Agency, the de facto Chinese consulate in the colony, said in a statement that the report deliberately confused
      Reuter  -  255 words
    • Article
      Lock icon Beijing acts to curb loss of state assets as foreign-funded ventures take off
      427 3 Xinhua BEIJING China has begun to tackle the problem of the loss of state property by improving legislation and tightening management. The loss finds expression primarily in that, when a for-eign-funded enterprise or a stock company is
      Xinhua  -  427 words
    • Article
      Lock icon Bank Indonesia wants firms to speed up loan repayments
      218 3 AFP JAKARTA The central hank. Bank Indonesia (BI). is pushing firms to repay long outstanding loans as quickly as possible to help restore order to the troubled banking sector, banking sources said yesterday. Companies with bad loans must undergo a special
      AFP  -  218 words
    • Article
      Lock icon Japan won't follow Bonn lead in cutting rate, says Fujii
      244 3 AFP. Reuter TOKYO I inancc Minister Hirohisa hujii said yesterday that Germany's overnight rate cuts would not affect Japan's fiscal and monetary measures, denying the fx>ssihilit\ of easing interest rates in Japan. Mr Fujii told reporters that Tokyo had no
      AFP.; Reuter  -  244 words
    • Article, Illustration
      Lock icon All these Mercedes cars belong to one owner
      56 3 AFP ISLAMABAD, Pakistan Mercedes cars lining up for a public exhibition on Thursday. The Pakistani government ordered the display of these cars imported by former premier Nawaz Sharif, following the opposition's uproar over the import of one Mercedes-Ben/ by Prime Minister Bena/ir
      AFP  -  56 words
    • Article
      Less corruption now in Asia, except China: Perc
      429 3  -  By Anna Teo SINGAPORE Expatriate businessmen see corruption as a "lessening" evil everywhere in Asia except China, says a survey by Hongkong-based Political Economic Risk Consultancy (Perc). While recent newspaper headlines suggest corruption is threatening to reach epidemic proportions almost everywhere in
      429 words
    • ASIA NOTES
      • Article
        Lock icon China urged to cool its economy
        110 3 Reuter WASHINGTON IMF chief Michel Camdessus urged C hina on Thursda> to act to cool oil" its overheated economy, warning that surging prices threaten to derail Beijing's plans for deep-seat-ed economic reforms. I he> must do more to reduce the pace ot investment acti\
        Reuter  -  110 words
      • Article
        Lock icon Foreign accountants to help China
        99 3 Reuter HONGKONG China has decided to allow foreign accountants to sit for local certification exams in a move that Hongkong tax experts say will bolster the nation's privatisation efforts. China would allow overseas passport-holders to sit this vear's exams for certified accountants, the Beijing-controlled 11
        Reuter  -  99 words
      • Article
        Lock icon India brings services sector under tax net
        109 3 AFP NEW DLLHI The Indian government has brought virtually all corporate service contracts under its tax net in a move targeting professionals such as lawyers, accountants and architects engaged bv companies. Companies will have to deduct and pa> tax "at source" on all
        AFP  -  109 words
      • Article
        Lock icon Taiwanese back out of tours to China
        106 3 Reuter TAIPEI About 10.0(H) Taiwanese have hacked out of tours to China, following the mysterious death of 24 Taiwanese tourists there, a spokesman for local travel agents said yesterday. About 450 group tours have been cancelled, costing travel agents about NTS3OO million (SSIB.I
        Reuter  -  106 words
      • Article
        Lock icon Vietnam's hydroelectric plant starts
        68 3 AP HANOI Vietnam started up the last of eight turbines at its largest hydroelectric power plant, completing 15 years of work on the 1.920 megawatt facility, official reports said yesterday. The Hoa Binh (Peace) dam. built with aid from both the former Soviet Union and Russia,
        AP  -  68 words
    • Article
      Lock icon China unveils agenda on environment and sustainable development
      326 3 Reuter BEIJING China, responding to the Rio de Janeiro Earth Summit of 1992. yesterday unveiled an ambitious "Agenda 21" plan to promote sustainable development which will rely heav ilv on foreign money. Senior officials of the State Planning Commission and State Science
      Reuter  -  326 words
  • Page 3 Advertisements
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      Page 3 Advertisements Column 1
      237 3 Life's been easy for you for 9 years. With Creative Software, some things never change. iffis MR In fact, it can only get better. development department. And most importantly, people who've been with us since the beginning. People who For 9 solid years, we at Creative Software have been under
      237 words
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  • REGION/WORLD
    • Article, Illustration
      Lock icon PM Goh urges Berlin to forge partnership with Singapore
      304 4  -  From Walton Morais in BERLIN PRIME MINISTER Goh Chok Tong yesterday walked through what is now considered a gate of freedom and a potent symbol of the fall of the Iron Curtain here and invited the city of Berlin to walk
      Reuter  -  304 words
    • Article
      Lock icon British Coal withdraws plan to close mine
      261 4 AP HIRWAUN. Wales Stateowned British Coal yesterday withdrew plans to close the last deep-pit coal mine in South Wales, bowing to opposition from the 200 miners it had planned to lay off. Members of the local National Union of Mineworkers had argued that
      AP  -  261 words
    • Article
      Lock icon C European summit to focus on Germany
      179 4 Reuter LITOMYSL. Czech Republic The presidents of seven Central European countries began a two-day summit in the Czech Republic yesterday expected to focus on Germany's relationship with the region's new democracies. Czech President Vaclav Havel is playing host to the presidents of Germany.
      Reuter  -  179 words
    • Article
      Lock icon China's economic growth tipped to hit 11.5pc
      350 4 Bloomberg Business News Beijing China's state statistics office said economic growth will exceed government targets and reach 11.5 per cent this year, the official Xinhua Sews Ageney said. China's Premier Li Peng last month called for growth to be brought down to 9
      Bloomberg Business News  -  350 words
    • Article
      Lock icon Italian shares soar to record turnover on new trading system
      291 4 Reuter MILAN Business boomed on the Milan bourse yesterday as Italy completed its "Big Bang" with the switching of all stocks to the automatic trading system. "We're being deluged by orders." said one harassed trader. Turnover surged to a record
      Reuter  -  291 words
    • Article
      Lock icon Medan hit by violent strikes after alleged killing of worker
      466 4 Reuter JAKAR TA Indonesia's north-western city of Medan was brought to a standstill yesterday after two days of violent strikes forced shops and hanks to close, residents said. They said security forces had boosted their presence in and around the
      Reuter  -  466 words
    • Article
      Lock icon Manmohan pledges action on India's double-digit inflation
      406 4 Reuter NEW DELHI India's inflation. which has entered double digits, will be brought down during the new 1994/95 financial year, says Finance Minister Manmohan Singh. Inflation, as measured by the wholesale price index, rose sharply to a year-on-year 10.2 per cent in the
      Reuter  -  406 words
    • Article, Illustration
      Lees tour Underwater World
      97 4  -  By Chuang Peck Ming AUCKLAND Mr and Mrs Lee Kuan Yew, who arrived in Auckland yesterday, visited Kelly Tar I ton's Underwater World which is similar to the Sentosa Underwater World. They were greeted and taken on a guided tour of the aquarium by Graeme Osborne,
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    • Article
      Lock icon Foreign investors snap up 'Boris' bonds
      478 4 Reuter MOSCOW Foreign investors from banks to junk-bond funds, bargain-hunting in Russia's emerging markets, have snapped up at least US$2OO million (SS3I2 million) of Vneshekonombank dollar bonds nicknamed "Boris" after President Yeltsin, bankers said. High returns bucking global downward trends and lower risk compared
      Reuter  -  478 words
  • Page 4 Advertisements
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      Page 4 Advertisements Column 1
      40 4 CSE fk m i MFINE'ARTS "Gems of the Chinese Legacy", v 3 y an exhibition of specially selected Antiques Works of Art. Orchard Point Exhibition Hall f& J j 160 Orchard Road Tel: 235 2328 fep iWct.m' VS 11:00am-8:00pm gg^
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  • THE WORLD
    • Article, Illustration
      Lock icon US, Japan say progress made in talks on trade rift
      546 5 AFP. Reuter MARRAKESH. Morocco The United States and Japan made progress in a two-hour meeting here yesterday and hoped to be able to resume stalled trade talks before July, both sides said. "It is my hope, and our hope" that
      AFP.; Reuter  -  546 words
    • Article
      Lock icon At last, it's goodbye Gatt, hello WTO
      420 5 Ministers from 124 nations give formal go-ahead to new trading order Reuter, AFP MARRAKESH, Morocco A 124-nation Gatt ministerial conference laid the basis yesterday for an unprecedented freeing up of trade and other actions to help shape a fairer world economic order for
      Reuter,; AFP  -  420 words
    • Article
      Lock icon Trade talks productive, say US and China
      343 5 Reuter WASHINGTON US Commerce Secretary Ron Brown and Chinese Foreign Trade Minister Wu Yi said on Thursday they had productive discussions in meetings ahead of a US decision whether to renew favoured trading status with Beijing. Mr Brown described the two days of
      Reuter  -  343 words
    • Article
      Lock icon US economic growth likely to exceed 3pc: Clinton aide
      356 5 Bloomberg Business News WASHINGTON Robert Rubin, head of the US president's National Economic Council, said he thinks the US economy will grow by more than 3 per cent this year. He refused to join the consensus of forecasters surveyed by the
      Bloomberg Business News  -  356 words
    • WORLD WATCH
      • Article
        Lock icon US defence chief puts off Asia trip
        117 5 AP WASHINGTON Defence Secretary William Perry said he postponed a trip to Asia scheduled to start yesterday so he could be at the Pentagon to deal with the aftermath of the US shoot-down in Iraq and other pressing matters. Mr Perry said he
        AP  -  117 words
      • Article
        Lock icon US lawmakers toughen up on crimes
        88 5 Washington Post WASHINGTON The House on Thursday responded to public demands for tougher punishment of violent criminals by voting to vastly expand the number of offences punishable by death under federal law. Lawmakers went on record almost three to one favouring the death penalty
        Washington Post  -  88 words
      • Article
        Lock icon Chile to promote sale of state assets
        85 5 Reuter SANTIAGO Chile's government will promote the privatisation of the state's stakes in a merchant fleet, a container company, an airline and a power utility, said Economy Minister Alvaro Garcia on Thursday. The government will send Congress a bill calling for amendments to
        Reuter  -  85 words
      • Article
        Lock icon World Bank nod for Egypt's reforms
        115 5 Reuter WASHINGTON The World Bank looks set to give Egypt's privatisation and structural reform programme the thumbs-up afler talks here with senior Egyptian officials, diplomatic sources said on Thursday. The move is significant because it should help ease the way for Egypt to win
        Reuter  -  115 words
      • Article
        Lock icon German EU contributions at upper limit
        50 5 AFP MUNICH, Germany Germany has reached the "upper limit" of financial contributions to the European Union, Chancellor Helmut Kohl said in an interview with German daily Sueddeutsche Zeitung published yesterday. German's net contribution to the Union will have to be reconsidered, the chancellor added.
        AFP  -  50 words
    • Article
      Lock icon EBRD aims to step up aid to small businesses
      257 5 AFP LONDON The European development bank will open its third general assembly on Monday seeking a new business agenda following rows at the 1993 meeting over internal spending, which forced the resignation of its then president Jacques Attali. Three years after
      AFP  -  257 words
    • Article
      AIRCRAFT ARRIVALS AND DEPARTURES
      1740 5 cta w n®_ atjr nm ere n» n» RJ187 0130 Hamriwa MI931 2035 MI932 0920 MwtaNai SQ25 0630 KL844 0035 Hmti VN741 1310 SQ176 1130 KL831 0935 KL838 2300 SQ175 1855 VN740 1410 t—rr 2345 Natyai MI895 2300 M1896 1920 Aaddaml NZ21 1735 BA11 1505 TtTs
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  • Page 5 Advertisements
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      Page 5 Advertisements Column 1
      173 5 >&`>'%{'[_(!,((]@~\:{.:~]?*'[/_ Be Your Own Developer In Australia! Ever since Australian properties have become popular. Singaporeans have been buying either a house-and-land package or a condominium. There has been no other alternative until now. Everland (Australia) Pty. Ltd. is proud to present a new method of investing in Australia. The redevelopment
      173 words
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  • COMPANIES & MARKETS
    • Article, Illustration
      Lock icon Amcol share price tumbles on jail sentence for director
      486 6  -  Kang Hwi Wah found guilty By Shiv Taneja SINGAPORE Amcol Holdings closed sharply lower in heavy trading yesterday on news that its former managing director Kang Hwi Wah had been sentenced to a year in jail and fined $100,000. Trading at
      Source: Bloomberg  -  486 words
    • Article, Illustration
      Sentosa's Disney-style park gears up for third-quarter opening
      464 6  -  By A J Leow SINGAPORE The Disneyinspired theme park, which will be one of the largest in Asia, is expected to open on Sentosa island by the third quarter of this year. Costing more than $50 million, the 7.1-hectare park, Fantasy Island,
      464 words
    • Article
      NatSteel in US$29m tie-up with two China firms
      245 6 SINGAPORE The Nat Steel group is setting up a US$29 million (5545.2 million) joint venture in Xiamen, Fujian province, with two Chinese state companies. This is part of its strategy to develop a network of steel mills around Asia. Its other regional
      245 words
    • Article
      Datapulse's after-tax profit edges up 0.24 pc
      263 6 SINGAPORE Computer diskette maker Datapulse Technology, whose shares are quoted on Sesdaq. has reported its first interim results since going public in February. The firm said yesterday its turnover for the six months to Jan 31 rose 1.83 per cent to $13.77 million
      263 words
    • Article, Illustration
      Sembawang president Ng Pock Too quits to join Sundstrand unit
      341 6  -  By Dexter Lee SINGAPORE Sembawang Group president Ng Pock Too has quit to join US-listed aerospace components maker Sundstrand Corporation as president of its new Singa-pore-based subsidiary. Mr Ng's resignation, rumours of which have been circulating in recent months, comes
      341 words
    • Article
      OCBC's China fund draws $15m more than expected
      327 6  -  By Teh Hooi Ling SINGAPORE Despite weak market sentiments. OCBC's China Growth Fund has managed to get a surprisingly good subscription of $45 million at the end of its promotion period. The manager of the fund. OCBC Asset Management, had expected a
      327 words
    • Article
      Lock icon Berjaya fights order blocking Manila lotto launch
      236 6 AFP KUALA LUMPUR Malaysia's listed Berjaya group said yesterday it would take urgent action to resolve a legal wrangle holding up its launch of the first computerised lottery in Luzon in the Philippines. The Philippine Gaming Management Corp (PGMC), Berjaya's Philippines-incorpo-rated associate undertaking
      AFP  -  236 words
    • Article
      Electronics subcontractors face tough times as more go the Seagate way
      704 6  -  HOCK LOCK SIEW By Joseph Rajendran SINGAPORE With some multinational computer-makers about to pump millions of dollars into new factories. Singapore's electronics subcontractors face an uncertain future. Firms such as Venture Manufacturing. Natsteel Electronics. Eltech and Tri-M have been
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    • EYE on your STOCKS
      • Article
        MARKET MOOD
        18 6 For next week's expected market sentiment, see Hi Sentiment Index on EL4 (Personal Finance <& Investment section/
        18 words
      • Article, Illustration
        HOT STOCK
        148 6  -  By Paul Leo North Borneo Timbers has everything going for it, technically speaking. Buying interest was very strong yesterday with volume of 288,000 shares, almost three times the 10-day average of 99.000 units. They were also of good size 19 blocks totalling 192.000 shares. Directional indicator MACD signalled
        148 words
    • COMPANIES
      • Article, Illustration
        Lock icon M'sian firm ASB's Indon oil and gas venture called off
        460 7 Bernama KUALA LUMPUR In a surprise development. Advanced Synergy Bhd yesterday announced that its ambitious venture into Indonesia's vast oil and gas sector will not go ahead. ASB said the purchase of 49 per cent equity in each of the
        Bernama; Source: Bloomberg  -  460 words
      • Article
        DIVIDENDS ANNOUNCED
        1704 7 Payment Ex Books Pay date close date ABR Hides 5* F 9 Jun 29 Jul 5 Jul IS Acma F 10 Jun 14 Jun 20 Jul S Amtck Eng 20* I 6TE Apr 15 Apr 21 Apr 29 Bcrjaya Group I 6 Mar II Mar 28 Apr 18
        1,704 words
      • Article
        Lock icon Slight recovery seen for beer market in M'sia
        155 7 Bernama SHAH ALAM Carlsberg Brewery Malaysia Bhd expects the market for beer and stout to recover only between 3 and 5 per cent this year as the industry is still "reeling" from the three consecutive excise duty increases, the last being a
        Bernama  -  155 words
      • Article, Illustration
        Lock icon Land & General heading for another good yean chairman
        244 7 Land General heading for another good yean chairman Bernama KUALA LUMPUR Malaysia's expected robust growth this year will remain the main influence on Land General Bhd's fortune and profitability, says its chairman. Wan Azmi Wan Hamzah. He said in the company's 1993 annual report, released here yesterday, that 1994 should
        Bernama  -  244 words
      • Article
        Lock icon FACB's group pre-tax profit soars to M$34m
        166 7 MBT KUALA LUMPUR FACB Bhd has posted a sharply higher group pre-tax profit of M 534.25 million (5519.9 million) for the year ended Dec 31 compared with M 52.6 million in 1992. The profit was achieved on the back of a turnover of
        MBT  -  166 words
      • Article
        UNIT TRUSTS & FUNDS
        539 7 UNIT TRUSTS FUNDS MaMfWS' print <$) Apr 16 18 US Gr Fund I 04 I OK** Singapore Unit Trust UMB Invest Mgt Ltd The Commerce 1.70 1.79 l nifur»d F44 I SO The Savings Fund 155 I63*d "'J"??.% 1 1 S pore Prog Fund 0 7| 0 75 I mtcd
        539 words
      • Article
        NMFM Asia to list on Aussie, NZ bourses this month
        408 7  -  From Chuang Peck Ming in AUCKLAND NMFM Asia Investments, seeking to raise at least AS4O million (SS4S million) to invest in Asian stocks, is due to list on the stock exchanges of Australia and New Zealand this month. Subscriptions for
        408 words
      • Article
        Lock icon Philippine fast-food firm to expand into region
        140 7 Reuter MANILA Philippine fast-food company Jollibee Corp planned to expand into China and increase its presence in Indonesia, a senior official said. Rufino de la Rosa. Jollibee's vice-president for finance. said the company controlled nearly half the fast food market in the Philippines.
        Reuter  -  140 words
      • Article
        Lock icon Philippine media firm ups profit by 48pc
        114 7 AFP MANILA Philippines broadcaster ABS-CBN enjoyed a 48 per cent jump in net profit to 601 million pesos (SS34 million) in 1993 as it expanded its dominance of the airwaves, company officials said yesterday. Revenues of the publicly listed radio and television company
        AFP  -  114 words
      • COMPANY BRIEFS
        • Article
          Hwa Hong-linked unit to be liquidated
          48 7 SINGAPORE The People's Insurance Co Ltd (PIC) announced yesterday that its subsidiary. Everett Co Pte Ltd. will be placed under solvent liquidation. On liquidation, all Everett assets will be transferred to PIC. which is 99.6 per cent owned by Hwa Hong Corp.
          48 words
        • Article
          Amtek arm to buy Johor plants
          45 7 SINGAPORE Amtek Engineering Ltd said its subsidiary AE Rubber Sdn Bhd has entered into an agreement with Panoramic Industrial Development Sdn Bhd to acquire two units of freehold semi-detached factory buildings in Johor, Malaysia, for MS 1.5 million (SS870.000).
          45 words
        • Article
          OUB's NCDs maturing end May
          62 7 SINGAPORE Overseas Union Bank announced yesterday that its USSIOO million (SSIS6 million) 5 per cent negotiable certificates of deposit (NCD) will mature on Mav 31. The subscription rights attached to its warrants 1994. issued in 1989 together with the NC Ds and allowing holders to
          62 words
        • Article
          Lock icon Conrad Hotels not bidding for Dynasty
          74 7 Reuter HONGKONG Conrad Hotels, the international arm of Hilton Hotels Corp. denied it was bidding to manage Singapore's Dynasty Hotel. "It is true that approximately six months ago Dynasty approached us to discuss a potential transaction." a Hilton Hotels spokesman said yesterday. "But as
          Reuter  -  74 words
        • Article
          Lock icon Apex Equity's profit soars
          78 7 Bernama KUALA LUMPUR Apex Equity Holdings Bhd has reported a group consolidated operating pre-tax profit of M 577.22 million for the year ended Dec 31. up 809 per cent from 1992. Announcing its audited results here yesterday, the company said turnover was 662 per cent higher
          Bernama  -  78 words
        • Article
          Lock icon G Frontier's stake in moulding venture
          84 7 Bernama KUALA LUMPUR Golden Frontier Berhad will hold 60 per cent equity interest in its proposed joint venture with Daiichi Kaken Co Ltd to manufacture high technology precision moulding for the electronic computer and telecommunication industry. In a reply to the Kuala Lumpur Stock
          Bernama  -  84 words
        • Article
          Lock icon C&W ties up with Chinese govt
          84 7 Bloomberg Business News LONDON Cable Wireless pic and Hongkong Telecom have formed a joint venture with the Chinese government to develop, install and maintain international submarine cables. China's Ministry of Posts and Telecommunications, or MPT. will own 51 per cent of the new company.
          Bloomberg Business News  -  84 words
        • Article
          Lock icon Citic Pacific to place 166m shares
          94 7 Reuter HONGKONG Citic Pacific Ltd is placing 166 million shares at HKS23 each. Peregrine Brokerage said. Citic closed at HK523.80. up 20 cents yesterday. Of the total placement, 66 million shares will be placed with parent China International Trust and Investment Corp Hong Kong
          Reuter  -  94 words
        • Article
          Lock icon Wing On, Seiyu to open China store
          98 7 Bloomberg Business News LONDON Japanese supermarket operator Seiyu and Wing On Co of Hongkong plan to open a joint department store in Tianjin. in northern China, the Financial Times reported on Thursday. The two firms will buy the management rights to and rebuild
          Bloomberg Business News  -  98 words
      • Article
        Taiwan's China Steel to make silicon wafers in US$151m tie-up
        321 8  -  By Peter Osborne SINGAPORE Taiwanese government-owned China Steel Corporation will sign a USSISI million (***** million) deal to establish a spin-off company to supply unetched silicon wafers to the local integrated circuits (1C) industry. China Steel chairman Wang Chung-Yu said
        321 words
      • Article
        Lock icon Chrysler and Daimler fight it out in final bidding for south China joint venture
        192 8 AFP BEIJING The Chrysler Corp and the Daimler-Benz Group of Germany are battling it out in the final round of bidding for an 8.8 .billion yuan (SSI.6 billion) joint-venture project in southern China, a report said
        AFP  -  192 words
      • Article
        Lock icon Korea Telecom shares not for securities firms
        260 8 Reuter SEOUL South Korea will not allow securities houses and investment trusts to bid for shares in a public auction of state-owned Korea Telecom (KT) next week. "We decided not to permit securities firms to bid because of rules banning them from investing
        Reuter  -  260 words
      • Article, Illustration
        Lock icon Ted turns on the classics
        39 8 Reuter NEW YORK Media magnate Ted Turner snitching on the newest Turner Broadcasting Network, Turner Movie Classics, at Times Square on Thursday. Flanking Mr Turner were actor Van Johnson and actress Jane Powell. Reuter
        Reuter  -  39 words
      • Article
        Lock icon Daimler dream still alive despite first post-War loss
        542 8 MARKET Reuter STUTTGART It all looked so good. Daimler-Benz, manufacturer of the world famous Mercedes car. embarked on an expansion into areas such as aerospace and defence with the dream of becoming the world's leading integrated technology group. That was during the
        Reuter  -  542 words
      • Article
        Lock icon Ford directors up dividend, declare stock split
        294 8 Reuter DETROIT In a flurry of boardroom activity. Ford Motor Co directors raised the company's dividend, declared a two-for-one stock split and agreed to sell its First Nationwide thrift unit for USSI.I billion (551.72 billion). Ford also announced that it will buy out
        Reuter  -  294 words
    • SHIPS IN PORT
      • Article
        AT CONVENTIONAL WHARVES
        572 8 Vessel Voy Ht Berth Anhil jggjw twwl Wty N» Berth Arrival Departure Jurong Port in po% *****600 17.*****0 Batam ktfah N112 12 alongsrfe 1604 2300 J-"- »-g 9401 a*"*** 1604 0600 "J* JJJ "J J" u'S 0100 Mega Victory 403B 117 18 j&M <*<» «7 94 P098
        572 words
      • Article
        CONTAINER SCHEDULES
        1984 8 RECEIVING Of EXPORT Fa CONTAINERS AND LCL CARGO DELIVERY Of Fa IMPORT CONTAINERS IN PROGRESS SNp Voy No Containers ivalabte Ship Voy 1o Containen amiabte ACX Jade 185A 17 0500 2A 15 1700 16 0659 16-0900 ?B 15/1700 16 0659 16 0900 3 16 0700 16/1159 16.1400 4
        1,984 words
    • FINANCE & COMMODITIES
      • Article
        Lock icon Quest for neutral policy means rise is imminent
        803 9 US Federal Reserve's stance on interest rates NYT WASHINGTON Federal Reserve officials say they see no signs of accelerating inflation, but the nation's central bank is signalling anew that it will raise short-term interest rates again anyway. The reason: Fed officials believe
        NYT  -  803 words
      • Article
        Lock icon Co-op says sale price of Bank Buruh far too low
        439 9 Bernama KUALA LUMPUR The Jaflhese Cooperative Society, saying Bank Buruh (M) Bhd shares were being sold to Bank Simpanan Nasional (BSN) at "a ridiculously low price", has appealed to Malaysia's leaders to review the sale. Taking the cue from the
        Bernama  -  439 words
      • Article, Illustration
        Lock icon Keeping a close eye on complaints
        76 9 AFP TAIPEI With a picture of the late Nationalist leader Sun Yat-sen as a backdrop. Sun Ming-hsien, chairman of the Council of Agriculture, patiently hears farmers' grievances at a Taipei auditorium yesterday. Over 1,500 angry farmers rallied against plans by the government to lift
        AFP  -  76 words
      • Article
        Lock icon Commerzbank's operating profit rises 24.5pc
        366 9 Bloomberg Business News FRANKFURT Commerzbank AG. one of Germany's leading international banks, said 1993 operating profit rose 24.5 per cent to 1.134 billion Deutsehemarks (***** million) from 911 million marks in 1992. As previously reported, net profit last year fell 14.6 per cent to 586.4
        Bloomberg Business News  -  366 words
      • Article
        Lock icon Markets overreact to inflation myths, says top adviser
        395 9 Reuter NEW YORK Financial markets appear to be reacting more to inflation myths than to realities. Laura D'Andrea Tyson, chairwoman of the United States Council of Economic Advisers, says in an opinion piece that appeared in Friday's Ant York Times. In the
        Reuter  -  395 words
      • Article
        Lock icon Chase applies for rep offices in Hanoi and Bombay
        391 9 Bloomberg Business News HONGKONG Chase Manhattan Bank has applied to set up representative offices in Hanoi and Bombay and plans to expand its Asian operations to include the underwriting of as-set-backed securities. "Our aim is not to be a local bank,
        Bloomberg Business News  -  391 words
      • SMALL CHANGE
        • Article
          Lock icon PT Modern Bank plans public offer
          108 9 Reuter JAKARTA Indonesia's PT Modem Bank, a medium-sized bank belonging to the Modern group, plans to go publie next month by ottering 20 million shares, or 16.7 per cent of its enlarged share capital, the company said. The shares will be offered at 2.000
          Reuter  -  108 words
        • Article
          Lock icon Taiwan's Big Three banks to do well
          113 9 Reuter TAIPEI Brokers expect Taiwan's Big Three banks. Chang Hwa. First and Hwa Nan to outperform the market by 10 to 15 per cent within one month after they go ex-rights tomorrow. They said that, as ot Thursday, the overall market had fallen
          Reuter  -  113 words
        • Article
          Lock icon NatWest unit gets new chief
          68 9 Reuter LONDON National Westminster Bank pic said it had appointed David Went as chief executive of Coutts Group, effective from June 1. The bank said the new position would bring together the activities of Nat West's private banking subsidiaries Coutts Co in the UK and
          Reuter  -  68 words
        • Article
          Lock icon Amro seeks to widen US operations
          53 9 Reuter AMSTERDAM ABN AMRO Holding NV, the largest Dutch bank, has applied for regulatory approval to broaden its US investment banking operations. If it succeeds. ABN AMRO did not rule out the possibility that expansion would lead to the acquisition of a Wall Street
          Reuter  -  53 words
      • Article
        Bank Utama raises US$20m through NIF
        148 9 SINGAPORE Bank Utama. an Indonesian private foreign exchange bank, has tapped USS2O million (5531.4 million) from the Asian dollar market through a note issuance facility (NIF). The Singapore-based AFC Merchant Bank arranged the NIF which was signed in Singapore late this week. The NIF
        148 words
      • Article
        Lock icon Regulators split over who should protect mutual fund buyers
        595 10 Los Angeles Times WASHINGTON Banking regulators battled with the nation's top securities regulator on Thursday over who can do the best job of protecting unwary investors who buy mutual funds through banks. "It's a new ballgame, with millions of new investors,
        Los Angeles Times  -  595 words
      • Article, Illustration
        Lock icon Jury's still out on hedge funds
        650 10 Soros debunks some myths but may not have swayed US House committee Reuter WASHINGTON Master speculator George Soros' defence of hedge funds this week may have debunked some of the myths about one of the world's most exclusive gambling clubs, but it still may
        Reuter  -  650 words
      • Article, Illustration
        Greenback marking time
        467 10 DBS weekly currency review ISS/mark: waiting for a breakout! THE USS consolidated within the range of 1.7049 to 1.7230 for the first four days of this week and was seen trading around 1.7115 yesterday morning. Strong resistance remains at 1.7260. which is the 61.8 per cent retracement
        467 words
      • Article
        Lock icon Rules, liquidity deter Japan buying of Asian bonds
        192 10 Reuter TOKYO Japanese investors see long-term potential in Asia's emerging bond markets, hut regulators obstacles and a lack of liquidity are deterring significant investment in the near term, analysts say. A Hood of money into Asian honds to echo Japan's heavy buying
        Reuter  -  192 words
      • Article, Illustration
        Banque Indosuez REGIONAL CURRENCY REPORT
        116 10 DESPITE news of an unexpected discount rate cut in Germany on Thursday night, the USS/SS opened little changed yesterday at 1.5620/25 off from the post-rate cut high of 1.5645. As has been the case in recent sessions, the US dollar drifted down over the day
        116 words
      • Article
        Lock icon London
        190 10 Bloomberg Business News LONDON The dollar was stuck in a three-quarter pfennig range yesterday after a US economic report cast doubt on when US interest rates would rise. The dollar climbed as high as 1.7164 marks, then fell as low as 1.7080 after the Labour Department said factory usage
        Bloomberg Business News  -  190 words
      • Article
        Crude oil futures lower as traders settle positions
        170 10 Bloomberg ENERGY REPORT LONDON Oil futures prices declined in London and New York yesterday as traders sought to liquidate positions acquired earlier when prices were lower, brokers said. Crude prices climbed by almost USS2 a barrel in the past two weeks and
        170 words
      • Article
        Lock icon New York
        89 10 AFP NEW YORK The report of good US economic data unlikely to result in higher interest rates sparked a dollar sell-off here yesterday. At about 9:35 am (1335 GMT), the dollar was trading at 1.7110 German marks, down from 1.7165 before the industrial data was released. It was
        AFP  -  89 words
      • Article, Illustration
        Untitled
        1660 10 lilhU- MCinhUi/ nut, iiihtUahxl utunm V/V*«'\ A.y 1-4 luu/w K TV WllM- l IMT /W US$/S$ forward rates Noon Apr 15 Bid Offer 1-month I 5611 1.5626 2-month ***** 1.5624 '-month 1.5617 I 56J2 6-month 1561* 1 5638 Source: OCBC FOREIGN CURRENCY NOTE RATES As at 9am m Apr IS
        1,660 words
    • COMMODITIES & FUTURES
      • Article
        Lock icon Eurodollar down on fresh rate hike fears
        1345 11 SIMEX REPORT Reuter SINGAPORE Simex Eurodollar futures closed lower on renewed fears over a rise in short-term interest rates yesterday. Dealers said sentiment for Eurodollar was bearish following a AVu York Times report which said the Federal Reserve would soon increase interest rates.
        Reuter  -  1,345 words
      • Article
        Palm oil higher after Porla data
        615 11 COMMODITY REPORTS Palm Oil CRUDE palm oil physical prices closed higher following the favourable data released by the Palm Oil Registration and Licensing Authority (Porla) yesterday. In the morning, the market was mixed on lack of interest and lower Chicago soyoil futures market overnight.
        615 words
      • KNIGHT-RIDDER COMMODITY SUMMARY
        • Article
          Japan's cotton yarn output down
          91 11 TOKYO Cotton yarn production by members of the Japan Spinners' Association totalled 90,731 400-pound bales, or 16,462 tonnes in March, said the association in a report released yesterday. March production is down 16.9 per cent from 109,173 bales, or 19,808 tonnes a year earlier, but
          91 words
        • Article
          Australian gold, forex reserves down
          54 11 SYDNEY The Reserve Bank of Australia yesterday reported gold and foreign exchange assets totalled AS 18.99 billion as of Wednesday, down A 5564 million from a week earlier. The RBA also said holdings of Commonwealth Government securities totalled A 513.954 billion, up A 51.48 billion
          54 words
        • Article
          Taiwan expected to buy more soybeans
          84 11 TOKYO Taiwan is expected to be in the market next week for May shipment Argentine or US soybeans, following the Hui Shung group's purchase on Thursday of 23,000 tonnes from Argentina, Asian sources said. Traders expect the country's largest buying group the BSPA to
          84 words
        • Article
          Palm oil data deemed neutral
          77 11 KUALA LUMPUR Official data released yesterday showing a sharp drawdown in Malaysian palm oil stocks in March is termed neutral. The Palm Oil Registration and Licensing Authority said stocks fell to 592,705 tonnes at the end of March from 732,190 a month earlier. The figure
          77 words
    • Article
      COMMODITY PRICES
      1542 11 Rubber Singapore Commodity Exchange (futures closing as at 1pm) RSS 1 Contract (S cents/kg) Close Volume Open Month High Low Sell (tonnes) Interest Mav 94 145.75 1.700 Jun 146.25 6.325 Jul 147.50 147.00 146.75 200 1 600 Aug 147.50 147.25 147.25 350 1.600 Sep ***** 147.25 147.75 350
      1,542 words
    • REGIONAL STOCK MARKETS
      • Article
        Australia
        1222 12 -14.4 Australian shares drifted to a weaker close yesterday as investors remained sidelined in anticipation of US economic data, brokers said. The All Ordinaries index ended at 2.080.6 14.4 points below Thursday's finish, while the All Industrials index fell 18.8 points to 3.165.1 and the All Resources index dropped
        1,222 words
      • Article
        Manila
        639 12 +9.92 Share prices closed higher, but off the day's peak, as profit-tak-ing pared early gains sparked by telephone stock PLDT's rise in New York. The composite index closed at 2,769.42, up 9.92 points or 0.36 per cent from Thursday's index. The index gained about 10 points on the back
        639 words
      • Article
        Taipei
        543 12 130.91 Taiwan stocks closed 2.4 per cent higher in a strong rebound led by textiles and Financials, and brokers said loose money market liquidity might help the rebound continue. The index ended 130.91 points up at 5.592.90. Turnover rose to an active NT560.86 billion from Thursday's NT532.66 billion. Textiles
        543 words
      • Article
        Seoul
        413 12 +5.96 Seoul stocks closed higher for the third consecutive day on the Hack of continued interest in blue chips, brokers said. The composite stock index closed at the day's high of 889.48. up 5.96 points from Thursday. But losers slightly outnumbered gainers by 370 to 342. Anticipation of purchases
        413 words
      • Article
        New Zealand
        277 12 1.59 The New Zealand share market managed to lift itself out of its week-long torpor to close marginally firmer. The NZSE-40 capital index closed at 2.125.15. up 1.59 points, despite falls outnumbering rises by 51 to 30. Leaders were mixed on relatively thin volume. Fletcher was the biggest
        277 words
      • Article
        Bombay
        76 12 -49.35 Bombay shares were subdued by fears of waning international interest in Indian Euroissues which had raised the spectre of foreign funds divesting from Indian bourses, brokers said. The BSE 30-share index fell 49.35 points to 3,895.18. The 100-share national index fell 19.34 points to 1.889.01. The state-owned VSNL
        76 words
    • WORLD STOCK MARKETS
      • Article
        London
        650 12 +36.6 Shares prices ended the week on a firm note helped by bullish UK and US economic statistics which helped improve market sentiment after the recent period of volatility, dealers said. Encouraging March UK inflation data renewed UK rate cut speculation, boosting FTSE futures, short sterling and gilts, which
        650 words
      • Article
        Paris
        158 12 +20.54 French stocks closed higher as investors registered Thursday's German interest rate cuts, and economic statistics from the US quelled concerns about accelerated inflation there, traders said. The CAC 40 Index of French blue chip stocks rose 20.54 points to 2,159.54. Industrial components manufacturer Schneider topped the CAC 40
        158 words
      • Article
        Stockholm
        100 12 -0.62 pc Swedish stocks closed lower after a gloomy day. dominated by a weak bond market and pressure on drugs sector stocks including in-dex-heavyweight Astra. The OMX-indcx closcd down 0.62 per cent at 1,116.76 while the Top-16 blue-chip index fell 1.00 per cent to 1,481.52. The OMX-indcx fell a
        100 words
      • Article
        Frankfurt
        147 12 1.71 At the close of the official floor session, the DAX index of 30 key German stocks manage to rise 1.71 points to close at 2.200.42, well below the dav's high of 2207.69. Frankfurt Apr 15 DM \<t |TJ V) 4oo BASF MttO 40 BMW WOOO 2 50 Baser
        147 words
      • Article
        Brussels
        161 12 1.64 Belgian stocks ended a heavily traded session mixed to firmer, with volume boosted by Bel-20 share basket activity related to the expiry of futures and options on the index. Options also expired on individual stocks. The Bcl-20 index finished 1.64 points or 0.11 per cent higher at 1,485.20
        161 words
      • Article
        Milan
        139 12 +7 Italian shares closed little changed after the recently elected right-wing coalition failed to get its nominees elected as parliamentary speakers. The market's blue-chip Mibtel Index closed 0.06 per cent, or 7 points, higher at 12,615, after rising as much as 2.6 per cent before the vote results. Among
        139 words
      • Article
        Amsterdam
        252 12 1.43 Dutch shares ended ahead but near their session lows after a volatile session. Hectic short-covering ahead of an options series expiry prompted a brief, but vain, test on a key chart resistance point, and dealers said the market's failure to carry-through looked set to concentrate minds on the
        252 words
      • Article
        Zurich
        250 12 15.06 Swiss shares extended gains in quiet afternoon trading. Dealers said industrials were leading the upswing, but banks had also added to gains after they had earlier lagged behind the market. A firmer dollar helped industrial shares. Most active Nestle rose 15 francs to 1,249. The SMI index of
        250 words
      • Article
        Johannesburg
        300 12 +26 South African non-gold shares posted mild late gains ahead of the weekend, hut in slow trade, dealers said. They said a soft gold pricc had unsettled sentiment already hurt by political uncertainty, but buying at lows had offered support to prices. The overall index ended 14 points up
        300 words
      • Article
        Toronto
        273 12 -4.46 Stocks were slightly off in thin and nervous early trade yesterday. The TSE 300 composite index was down 4.46 to 4,250.39 in volume of 14.35 million shares valued at CS 174.90 million. Declines outpaced advances 187 to 172 with 225 issues unchanged. On Thursday, stocks ended a moderate
        273 words
      • Article
        New York
        791 12 +5.35 Wall Street stocks were mixed at midday yesterday as high-technology stocks came under pressure, while Philip Morris shares showed some strength. The Dow Jones Industrial Average was up 5.35 points at 3,668.60 at 1 pm EDT, with declines leading advances by about 10 to nine. Volume on
        791 words
      • Article
        Untitled
        750 12 Britannia Funds Mfrliaf Ca»h Bid Offer Mim < jpOrpoMi MM 3» Mim low (nil OltD 0 1442 Mim M» Income *1 0IU0 I S$ Cask Income Plus Fund 4 44<W 10 4*00 PS Reserve Fund 5 2500 <1600 Sterling tqml> two PriUxmjiKC 0 4WI OWM Fj( FjnI Fund a >TU|
        750 words
    • Article, Illustration
      Lock icon HONGKONG
      3159 13 Bloomberg Business News HONGKONG Stocks fell as concerns about rising US interest rates and the uncertain outlook for the Hongkong real estate market overshadowed the strong earnings outlook for many companies yesterday. The Hang Seng Index, which moved in a range of about 150 points, closed down 64.57 points,
      Bloomberg Business News; Source: Bridge Info  -  3,159 words
    • Article, Illustration
      CHINA
      514 13 THE Shanghai B market continued to strengthen although the CLSA Shanghai B Index only recorded a 0.54 per cent gain. The market shot up another 3 per cent in the first 30 minutes of trading, but overseas profit-takers soon pushed the index down to close at 716.09. Turnover increased
      514 words
    • Article, Illustration
      Lock icon TOKYO
      2568 13 Bloomberg Business News TOKYO Stocks advanced yesterday on a weaker yen and on optimism among UK and US fund managers that corporate earnings would recover in Japan soon, traders said. The benchmark Nikkei 225 Stock Average rose 177.43 points, or 0.89 per cent, to 20,164.63. Turnover on the TSE's
      Bloomberg Business News; Source: Bridge Info  -  2,568 words
    • Article, Illustration
      Lock icon BANGKOK
      1801 13 Bloomberg Business News BANGKOK Thai stocks surged 3.80 per cent after a three-day holiday as foreigners joined local funds in buying blue chips on good earnings prospects, brokers said. "The stocks which rise strongly today are those which reported high earnings in the last two quarters." said Narongsak Plodmechai.
      Bloomberg Business News; Source: Bridge Info  -  1,801 words
    • Article, Illustration
      Lock icon JAKARTA
      1166 13 Bloomberg Business News JAKARTA Stocks rose yesterday as investors counted on Indonesia's low interest rates, declining inflation and economic growth to boost corporate earnings. traders said. Companies that produce synthetic fabrics such as polyester also rose on news that cotton prices in the US had hit a threeyear high
      Bloomberg Business News; Source: Bridge Info  -  1,166 words
    • Article
      CLOB INTERNATIONAL
      2805 14 ■Wit ACTIVE vHunw Mm H>d MX. 5.174.000 Kcnonj Bhd HK 4 110.000 Mulpha Intl 50c 4.017 000 KU'B Mk 3.714.000 Mcnangiorp .1.377 IK*) Promcl 3.164.000 NIBI apilal 2.607.000 \MDfl MV 2.374 000 Asia Pat Ld 2.353.000 kamunting 50c 1.977.000 Fahcr (iruup 1.603.000 Bcna\a Ind 1.267 (MX) (k ncral
      2,805 words
    • KUALA LUMPUR STOCK EXCHANGE
      • Article, Illustration
        Lock icon Talk of early general election boosts prices
        6069 14 Bloomberg Business News KUALA LUMPUR Malaysia's benchmark stock index rose more than one per cent as prices surged in late trading on speculation that the government will hold an early general election, traders said. The Kuala Lumpur Stock Exchange's benchmark Composite Index gained
        Bloomberg Business News; Source: Bridge Info  -  6,069 words
    • STOCK EXCHANGE OF SINGAPORE
      • Article
        Untitled
        7658 15 MWIOAKl I Or lit IWJ/W Last Vol Da> LaM Qaotc IN* l)i< tM Nrt M < «p High Low Company Sal* (*000) High Low Buyer Seller N fir S P/fc Smil INDUSTRIAL AND COMMERCIAL 1440 >60 I s Vmi 440 cd -S 88 9)0 930 930 940 17.) 2.1 1
        7,658 words
      • Article, Illustration
        Lock icon Shares end lower on profit-taking, rate hike concern
        1952 16  -  By Paul Leo SINGAPORE Local shares succumbed to profit-taking yesterday, ahead of the weekend and on concern that US interest rates will rise. The Straits Times Industrials Index rose to 2,254.70 in the morning before falling in the afternoon to end at
        Charts by Bridge Info; Source: Bloomberg  -  1,952 words
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      159 6 NEWS VALUE How today's news might affect your slocks S'pore office rentals rising, say property consultants (pg Positive for property counters with commercial buildings like Sing Land. First Capital Corp, Malayan Credit and Straits Steamship. Former Amcol MD jailed one year and fined $100,000 (pg I) Amcol share price fell
      159 words
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      273 7 Keppel Bank i ■X 4 of Singapore Limited incorporated m m« RapuMc at Singapore) NOTICE OF CLOSURE OF BOOKS OF MEMBERS NOTICE IS HEREBY GIVEN THAT: Subject to approval being obtained at the 35th Annual General Meeting to be held on 10 May 1994, a first and final dividend of
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      Page 9 Advertisements Column 1
      28 9 JriaiaflM Sen Train fraM! 3 cash prizes of $1,000 each to be won! Get the details in the Business Times from 18 April to 23 April 1994 BusmessTimes
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      Page 9 Advertisements Column 2
      128 9 XJunruut FULL HOUSE iiniiiiiiiiiiii* 11 We are again fully booked for a dinner banquet of 180 tables on the 16-4-94 Lunch will be served as normal ifln. x a •■By- fir M WEZ-Z.'. ffl m M Tfcauuuc IfautcH, IReaUicvuutt 2. Jurong East Street 21 #05-01 IMM Building, S'pore 2260 Tel:
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      Page 11 Advertisements Column 2
      44 11 As and when the latest London/ Rotterdam prices are not available, the previous trading day's closing figures are carried instead. 737-1166 Make the coonectioo through The Straits Times Classified when you're looking for bargains or looking for f customers. Just give us CJLTA •call-
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      47 12 Business Times WEKNOWASA Address: j Mail or fax this form to: Postal Code: j Customer Relations Section Circulation Department J®f 1 Singapore Press Holdings Limited 82 Genting Lane Occupation Fax illSfg?js News Centre Singapore 1334 I Tel: 1800-749 2577 Fax 744 4875 Tel: (O) (H) BTkKnVW«7OI94 I
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      52 15 ACTAL NEUTRALISES STOMACH ACID. Actal neutralises stomach acid, giving quick relief from stomach discomfort. 1 FAST-ACTING ANTACID Jgg^^S Sterling gastric pain, indiges- RCUEVCS GASTRIC PAIN n Vhmiih tion and hmrthnrn I^J s X s EYE ON THE TIGERS Nobody covers East Asia like we do. The Region. Everyday. rr Business
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      24 16 TOLL-FREE TEL. No. 1-800-741-1883 FAX 741-1298 I I PLAY SMART Be part of the good life. Lifestyle. Everyday. SINGAPORE Business Times WE KNOW ASH
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      360 16 IN THE MATTER OF THE COMPANIES ACT (CAP. SO) AND IN THE MATTER OF UNUAYA PREFAB CONSTRUCTION PTE LTD (IN MEMBERS' VOLUNTARY LIQUIDATION) NOTICE OF FINAL MEETING OF MEMBERS NOTICE IS HEREBY GIVEN, pursuant to Section 306 of the Companies Act. Cap SO. that a Final General Meeting at the
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      Page 16 Advertisements Column 3
      197 16 M THE MATTER Of THE COMPANIES ACT, CAP. SO ANO M THE MATTER OF UNtGAS FAR EAST (PTE) LTD (M MEMBERS' VOLUNTARY LIQUIDATION) NOTICE OF FINAL MEETING NOTICE IS HEREBY GIVEN pursuant to Section 308<1) ot the Companies Act. Cap 50 that the Final Meeting of Members ot the Company
      197 words
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  • Executive Lifestyle
    • Article, Illustration
      The joy of independents
      1620 17  -  Movie buffs tired of Hollywood flicks should find the Singapore International Film Fest just the ticket, reports Susan Tsang Susan Tsang MOVIES are not all Hollywood, Bollywood or Hongkong the usual fodder for Singaporeans, the most avid film-goers in the world. With the Singapore International Film
      1,620 words
    • STRAWS IN THE WIND
      • Article
        Facts and figures
        102 17 1 HERE'S truth, and then there's... statistics? Ruth Lea. chief UK economist with Lehman Brothers Bank and a former economics adviser to British government ministers, recently told the BBC programme The Mori J Today. "I wasn't just an economist. I was a statistician too. So I know
        102 words
      • Article
        Pesky pedal
        86 17 SOME people haven't quite caught up with the computer age. The H all Street Journal reported recently how a Dell Computer technician received a call on the company's helpline from an exasperated buyer. The complaint? The customer said the foot pedal that came with the computer wasn't working.
        86 words
    • OPINIONS
      • Article, Illustration
        Lock icon That little piece of paper makes a lot of difference
        879 18 William Raspberry agrees with an anthropologist's view that the decline of marriage in America betokens impending doom The Washington Post hey are our ene- mies. and so we I marry them", a I Zulu adage says. .A. One of the
        The Washington Post  -  879 words
      • Article
        No room in Afta for Australia
        934 18  -  Brian Gomez explains why it just wouldn't work out Brian Gomez Mr Gome:, a Sydney-based writer, contributed this commentary to BT IT WAS Thailand's Deputy Prime Minister. Dr Supachai Panitchpakdi. who first came up with the seemingly radical suggestion that Australia should be allowed
        934 words
      • Article, Illustration
        Make kids understand it really hurts
        987 18  -  Neville Stack says screen portrayals fool young minds about the effects of violence Neville Stack The writer is a political commentator based in London. He writes regularly for BT. ADULTS have always lamented that children tend to be fascinated by the worst, rather than
        987 words
      • Article
        Commitments are not actual inflows
        417 18  -  LETTERS TO THE EDITOR Salil Tripathi THERE IS usually a gap between commitment and performance, as shown by companies, sportspeople and artists. Countries and economies are no different. Your report. Foreign investments shifting from S-E A sia to China. India (BT. April 12). quoting Merrill
        417 words
      • Article
        Why make a simple CPF share transfer so difficult?
        244 18  -  Diana Wong MY HUSBAND and I each have 5.000 OUB shares bought under the CPF Investment Scheme. The bank recently announced a 1-for-10 bonus plus a rights issue. To avoid both of us getting odd lots of 500 shares each. I
        244 words
    • CORPORATE PROFILE
      • Article, Illustration
        China Steel's global ambitions
        2686 19  -  Two years ago, the critics were ready to write off China Steel. Now, in what looks like a record year, the Taiwanese giant is set to win back its mantle as the world's most profitable steelmaker. Chairman Wang Chung-yu tells Peter Osborne how he engineered this
        2,686 words
      • Article
        The share issue that flopped
        812 19 TAIWAN'S largest privatisation exercise in nearly two years a public offer of 288 million shares in China Steel Corp Hopped last month amid a severe slump in the stock market. Investors took up only 5.7 per cent of the public offer, confirming that Taiwan's privatisation
        812 words
    • PERSONAL FINANCE & INVESTMENT
      • BULLS EYE
        • Article, Illustration
          BT SENTIMENT INDEX (APR 18-22)
          65 20 Those polled on their views of the Singapore stock market for the week ahead: Alliance Securities. Baring Securities. Crosby Securities. Daiwa Securities Singapore. DBS Asset Management. Kay Hian James Capet. Nomura Research Institute. OCBC Investment Research. On,g Co. Peregrine Securities. Phillip Securities. Schroder Securities. S
          65 words
        • Article
          Buy!
          312 20 Kim Eng Securities (April 7) The Hour Glass. The recent correction brought The Hour Glass' share price from a high of 52.48 to a low around $1.65. The fundamentals still look good for the niche retailer, which is leveraged on Asia's booming economies and poised to benefit from the
          312 words
        • Article, Illustration
          Eye on the region: Indonesia
          106 20 Barclays cle Zoete Wedd Research The potential for economic overheating could overhang the market until 2Q94. when the central bank will be forced to act via raising interest rates or depreciating exchange rates. Concerns on inflation risks, monetary overheating, and an inflated property sector, are
          106 words
        • Article, Illustration
          In my opinion...
          195 20  -  John Engle, John Engle, CFA Research director Smith Barney Shearson HG Asia 1 ver since the Latin rH poet Catullus and 1 J more recently the Romantic poets expressed the many ways to appreciate women. the fairer sex never ceases to amaze. In a study done on
          195 words
      • Article, Illustration
        Lock icon Stocks still a long way to go on the road to full recovery
        939 20  -  Fund managers are unconvinced that the bull has returned. Agnes Chen has the details Agnes Chen CL*\ TOU NEED ail the client bases roaring M. before we'll see another bull phase," says an SG Warburg dealer, "and
        Source: INVESTAMATIC  -  939 words
      • Article
        KLSE companies tipped to gain from power project
        762 20  -  Joyce Quek finds out the impact of Malaysia's largest infrastructural project on these firms Joyce Quek WHAT do Ekran, Pacific Chemicals, Bata. United Engineers Malaysia, Ho Hup, Tan Chong Group, Cement Manufacturers Sarawak, Dunlop Estates and Tenaga have in common? These KLSE-listed
        762 words
      • Article, Illustration
        Lock icon How low will they go?
        395 20  -  Agnes Chen assesses the damage caused by the freefall in Asia's bourses in the first quarter Agnes Chen The pendulum swung from Asian and emerging stock markets back to Japan in the first three months of 1994, leaving many investors wondering whether time had run
        Source: Bloomberg  -  395 words
      • Article
        Drawing lessons from the past
        454 20  -  Lewis Mitchell on a study of the US share market today and 10 years ago Lewis Mitchell EXACTLY 10 years ago. the US equity and bond market was going through a similar phase experienced today. What then can we learn from the past? In the
        454 words
      • Article
        Osprey's strategy for a real big expansion
        1118 21  -  By Rahita Elias SHIPPING stocks are a much maligned lot. The investing public usually casts a jaundiced eye on these counters, focusing on the long down cycles, poor freight rates and slim operating margins. So it would be interesting to see the public's
        1,118 words
      • Article, Illustration
        Lock icon Know when to cut your losses
        699 21  -  Helga Drummond on why investors hold on to failing investments Helga Drummond FT IMAGINE buying £1,000 (552,303) worth of shares on a Monday and discovering on Friday they are worth only £600. Do you hold them or sell and move on? Unless there is
        FT  -  699 words
      • Article, Illustration
        Don't discount a rupiah devaluation
        628 21  -  Andy Tan argues that this quick fix to Indonesia's budget deficit might prove too irresistible to the government Andy Tan The writer is an economist at AIAIS International AIMS, part of the Standard Poor's Group, provides financial analysis services to institutions THE RUPIAH depreciation slowed
        628 words
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      Blood money
      564 22  -  By SUSAN TSANG HAVING wandered around in the twilight zone as the Count in Francis Ford Coppola's vampire flick, it seems almost natural that Gary Oldman would stay in the darkness and move on into Mickey Rourke territory. This he does in Romeo Is Bleeding. He plays Jack
      564 words
    • Article, Illustration
      Soul man
      599 22  -  Cinema Review By SHAHIRON SAHARI HEART And Souls is the latest in a line of movies about people dying before the hereafter is ready to receive them, and who thus have to find a human form for their re-exis-tence. But this one comes with a difference. In earlier
      599 words
    • Article, Illustration
      Lock icon Adventures in Arizona
      1226 22  -  Travel By JOSEPH RAJENDRAN EVER BEEN to a place where the the town, the main road, the pub, the mountain and the lake all have the same name? No? Well. Williams in Arizona happens to be just such a town. The casual tourist will have no difficulty
      Photos by Joseph Rajendran  -  1,226 words
    • Article, Illustration
      Strong showing from start to finish
      470 22  -  CD Review By SHAHIRON SAHARI ANDREW STRONG: Strong Now if Andrew Strong had weighed about 20 kilograms less and was blessed with a more photogenic face, we might well be hearing the women screaming whenever he sings his songs about being a soul provider.
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    • Article, Illustration
      Dynamic abstractions
      561 23  -  Art Exhibition By SUSAN TSANG AWANG Damit Ahmad was not a child prodigy. In fact, the Sabah-born artist came upon his calling quite by accident when he was 20 years old. Perhaps, having missed out on art during his childhood has inspired the artist to draw heavily from
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    • SPORTS
      • Article, Illustration
        Lock icon Olazabal's winning ways checked by cold
        400 24 Golf Paris Pairs tournament AP. AFP SAINT CLOUD, France New Masters champ JoseMaria Olazabal may be the hottest current player in the world but he had a shivering return to his home circuit on Thursday as he and Severiano Ballesteros were in fifth at
        AP.; AFP  -  400 words
      • Article
        Lock icon Golfer accused of cheating sues fellow club members
        177 24 AP NOTTINGHAM An amateur golfer has gone to court seeking compensation from two fellow club members who accused him of cheating. John Buckingham, a 57-year-old retired businessman, was accused of kicking his ball into a better position, twice dropping a new ball
        AP  -  177 words
      • SPORT SHORTS
        • Article
          Lock icon Commonwealth Games
          120 24 AP kL ALA I.L MPL R I he Naltonal Sports Council has allocated an additional M 541.6 million to prepare athletes and facilities for three team events making their debut in the 1998 Commonwealth Games. Malaysia, the 1998 Games host, now plans total spending of VIS 171 million
          AP  -  120 words
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          Baseball
          54 24 NEW YORK Major league Thursday National: Florida 8 Houston 2: St Louis 9 LA 8; NY 10 Chicago 9; Pittsburgh 4 San Diego 2: Philadelphia 0 Colorado 5: Atlanta 6 SF I. American: Chicago 3 NY 10: Oakland 4 Minnesota 5: Texas 2 Milwaukee 7; California 6 Toronto 4:
          54 words
        • Article, Illustration
          Basketball
          32 24 NEW YORK NBA Thursday: Washington 106 NY 111: Orlando 108 Charlotte 112; Houston 104 Sacramento 99; Utah 101 San Antonio 90: Seattle 150 LA Clippers 101: Golden State 113 Portland 108.
          32 words
        • Article, Illustration
          Lock icon Golf
          127 24 AP FAR HILL, New Jersey Johnny Miller and Larry Nelson, winners of the US Open when it was played at Oakmont Country Club, were given special exemptions from qualifying for this year's championship, to be played at the Pennsylvania course June 16-19. The special exemptions were extended by the
          AP  -  127 words
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          Ice hockey
          54 24 NEW YORK NHL Ihursday: Boston 2 Han ford 3: Buffalo 2 Washington 3; Florida 4 NY Islanders I: New Jersey 4 Ottawa I: NY Rangers 2 Philadelphia 2 (OT): Tampa Bay 5 Quebec 2; Chicago 4 Toronto 6: Dallas 4 Detroit 3: St Louis 3 Winnipeg 1: LA
          54 words
        • Article
          Lock icon Show Jumping
          90 24 Reuter DEN BOSCH, Netherlands Jos Lansink. a member of the Netherlands' team that won a gold at the Barcelona Olympics, delighted his home crowd when he rode the 13-year-old Bollvorm's Libero H to victory in the first leg of the Show Jumping World Cup final on Thursday. Lansink.
          Reuter  -  90 words
        • Article, Illustration
          Tennis
          41 24 PAITAYA W omen's Open 2nd rd I hursdav: Sabine Appelmans (Bel xl) b Ludmila Richterova (Cze) 6-3 7-6 (7/3): Petra Kamstra (Neth) b Tamanne Tanasugam (Thai) 6-2 3-6 6-3: Nicole Arendt (US) b Eva Sviglerova (Cze) 6-7 (3/7) 6-3 6-2.
          41 words
      • Article, Illustration
        Lock icon Padres steal base on catcher's flop
        63 24 Reuter PITTSBURGH Pittsburgh Pirates" third baseman Kevin Young leaping to catch a bad throw from catcher Jerry GofT as a sliding Brad Ausmus of the San Diego Padres stole third during the fifth inning play on Thursday. Goff was charged with an error and
        Reuter  -  63 words
      • Article, Illustration
        Lock icon England should remember Bridgetown is no Dunkirk
        395 24  -  From Michael Karem The writer is a London-based freelance sportswriter who contributed this article to BT SO if British sport is dead and its cricket in such dire straits, how did they beat the West Indies in Bridgetown for the first time in
        Photos by Chris Loh  -  395 words
    • PEOPLE
      • Article, Illustration
        A 16-year-old celebrates
        287 24 THE "must attend" event on the shipping calendar Shipping Times' 16th anniversary celebrations took place on April 8. Held at Raffles Hotel's Ballroom. which was decorated in an undersea theme, the annual cocktail provided an opportunity to catch up with the latest gossip and make new contacts.
        287 words
    • TIME OFF
      • Article, Illustration
        Now showing at the former Odeon-Katong cinema
        822 25  -  The cinema's 1,000 seats are gone and in their place are bars, sofas, karaoke rooms and a dance floor, reminisces Corinne Kerk Corinne Kerk THERE have been times when you step into a disco and you get this dt'ja vti feeling. Doesn't the
        822 words
      • Article
        PERFORMANES
        356 25 The Dreamer A musical that traces the life of a young Israeli lad, Joseph, who was betrayed by his brothers. Performed by 70 artistes, it promises a blend of contemporary music, including rap with jazz and ballet dancing. Apr 30. 7pm to Bpm at Gas Lamp Square. Clarke Quay
        356 words
      • Article
        CONCERTS
        259 25 Dave Lee Travis Evening Dave Lee Travis, popularly known as "DLT". is a former English Radio One DJ and host of BBC's "The Jolly Good Show". Join "Hairy Monster" himself in an evening of high-energy entertainment as he struts his stuff for British Club members and their guests at
        259 words
      • Article
        FILMS
        125 25 The Great American Adventure Experience the wonders of the US through three filmlets. Showtimes: 11am: Hidden Hawaii: 12pm: Niagara Miracles. Myths and Magic: lpm: Grand Canyon The Hidden Secrets: 2pm: Hidden Hawaii: 4pm: Niagara: spm: Grand Canyon: 7pm: Hidden Hawaii and Bpm: Niagara. At the Singapore Science Centre's Omni
        125 words
      • Article, Illustration
        EXHIBITIONS AND TALKS
        1146 25 Vanishing Cubes An exhibition of French creativity in virtual images and cyberspace. Visitors will be physically transported into a fascinating, infinite and transparent world of cyberspace and virtual reality via a computer screen. At the heart of the video labyrinth is the "Fractal Cube" installation, created by
        1,146 words
      • Article
        MISCELLANEOUS
        564 25 New Paper Big Walk Workshop Derrick de Sousa demonstrates the correct way of walking. There are performances by Mel Ferdinands and local group Radioactive, and special appearances by SBC stars Xiang Yun and Peter Yu. This workshop is in preparation for The New Paper Big Walk, which is expected
        564 words
      • Article
        AT THE SUBSTATION
        258 25 Leaving Home Chronicle of a generation, in German with English subtitles. Hermann Simon was born in Schabbach in 1940. Before he leaves his village he swears never to return to this provincial backyard, to devote his whole life to music and never to fall in love again.
        258 words
      • Article
        TICKETING
        130 25  -  Compiled by Wee N H Sislic outlets are at Forum Galleria. Liang Court. Raffles City. Scotts. Specialists' Centre. Takashimaya. Cold Storage at Jelita. Promenade and World Trade Centre, and at the Indoor Stadium. Hotline: 348-5555. Ticket Charge outlets are at Metro stores. Wisma Atria. Centrepoint and Tangs. Hotline: 269-2929.
        130 words
    • EPICURE
      • Article, Illustration
        Lock icon Fisherman's feast
        625 26  -  Bon Appetit By JAIME EE IT'S RATHER strange eating with a plastic lobster stuck on some artificial netting right beside your shoulder, as we found out when we dined at the three-month-old Fisherman Island restaurant in the new Caltex House. In fact, they were everywhere we looked crabs,
        Photos by Chris Loh  -  625 words
      • Article
        Naval excellence from Australia
        656 26  -  By CORINNE KERK WITH a great deal of attention focused on the Salon Culinaire 94 at the World Trade Centre this week, an unexpeeted treat came from an Australian naval warehip by the name of HMAS Adelaide. In case you start wondering if combat rations and
        656 words
      • Article
        Best matches for Asian food
        762 26  -  Wine Take the popular Chinese popiah. The only wine that can hold its ground is a semi-sweet wine. A dry white would be wholly mismatched. By N K YONG IT IS not easy to change the preferences of wine lovers. Just take the question of
        762 words
    • Article, Illustration
      CINEMA
      1018 28 A Home Of Our Own. Kathy Bates is a mother of six who gets the brood to build a house in an Idaho field. Prince: 11: 1.30: 4: 6.45: 9.15. Benefit Of The Doubt A couple fights, the woman dies, and their child testifies against dad. Twenty years later,
      1,018 words
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      155 17 KEHDGDIa] CALL, TOLL-FREE Oeaß-fcSBSSBQ HONQ LEONQ FMANCE DBEO-080 8888 f SINGAPORE FINANCE mf«W mmm X^zZ^m ■Kl^rk l v», ml m ir WMm WF: g*». W M .^fl 1 £|p 511% f Sk: Lr» J L <arn »«A -^»i.kfchAtyj^^^M»j «T# i>K»->^»*>.**>>^^^^^^BnßEy m _#*ffi ÜBiatin i i i ««A i,k*<,>.MA*4«h.<»k|Q^^^nn J **>
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      25 18 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.
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  • Page 18 Miscellaneous
    • Miscellaneous
      Page 18 Miscellaneous Column 1
      77 18 (Too onucM rich F00d....) "Don't e*pecr ioos*A s rne Tovpsi.... i*ve HAD V\ uj>JCH »N "tue. F«Rrn'S CftNTeerj y. 91 67 ««nocwimi»iiii<inniMiMim -J A— Q*<jV DOONESBURY GARRY TRUDEAU MEU, 808, PEAR, IF I IF I MERE YOU, 1 HE MUST HAVE HEAR- 8 WITNESS, YOUCOULPCRE- I TPSTUPYTHE 1 4Mfis, ME/HUS?.
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      155 21 r~~m& bwiisshs 8.8. KING, the legendary King of the Blues, comes to town with a new and electrifying one night only show. A blues happening with 8.8. KING, LUCILLE and the 8.8. KING BAND. Still rockin'! Still bluesy! Tune in to M Zach's Trax" every Sunday, 6.30-7.30pm, on Radio Heart
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      473 23 An invitation to invest in the last frontier G s Estimated increase in membership cost 1 1 i i i TYPE APR "93 AUG "93 18th APR "94 END-94 1995 ORDINARY (OVERSEAS) 20,000 25,000 27,500 30,000 40,000 CORPORATE "A" 25,000 30,000 33,000 36,000 46,000 S CORPORATE "B" 60,000 70,000 75,000
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      197 24 ADVERTISEMENT ftignesaimfts/KENWQOD GOLFING TIPS By BRETT BRASIER PROFESSIONAL GOLFER mto \T JcJ \To improve control, imagine Are J||r ]MSfj you are standing within a rA l\| 9iHl \W I clocWace and equate 'hours' l//\ t 5 W&l |w I with distance... For example, K i yfflk )\lf I a backswing
      197 words
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      96 25 fifc, Yes, even in Vietnam you can reaa our WiimMs. toes* news. 1 Available at: Omni Saigon Tel: *****3 Saigon Floating Tel: *****3 Rex Hotel 1>l: *****5 New World Hotel Saigoo Tel: *****0 Palace Hotel Tel: *****0 Century Saigon Hotel Te1:*****8 Canvefle Hotel 1>I: *****5 Saigoo Star Hold Majestic Hotel
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      56 26 -m m mam■ m an s l_ .vkH' k \'M g HI /I? 1 rx\j /TA j\ In I Available at Newsstands Times the Bookshop MTUC Supermarkets Guardian Phamacy 7-Eleven stores STOP PRESS kiosks Browse AR) Buy at post offices Shell Esso CaJtex Mobil SPC BP. Published by Times Periodicals,
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      16 26 EYE ON THE TIGERS Nobody covers East Asia like we do. The Region. Everyday. Business Times
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      42 26 II DOUBLE HAPPINESS AT THE RIVER RVLACE Indulge in a Chef's Recommendation dish at a SPKCIALRm: and enjoy a C.OWUUF.YT\K\ DKSSKRT in our Double Happiness' offer! CHNESI RtSIAURANI 4* Jl 4 :alLi i dnoeL*,. IX2 //«.W«r* S,nwrt Oil* Trt *****22 tmx. *****U
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      1261 27 IfeJ Nothing Beats A Bud-wkre to wine, dine and entertain OF StEEtfrfv GENUINE TASTE OF ITALY. Come and dine at Pasta Fresca. Let our wide range of authentic Italian pasta, pizzas, ice-cream and cappuccino thrill you. And of course, don't miss our most-talked about dessert, Tiramisu. PASTA FRESCA DA SALVATORE
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  • Page 28 Miscellaneous
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      Page 28 Miscellaneous Column 1
      2306 28 TODAY'S TV 700 Today in France. —7 7.00 CNN/Asia Business. 7.30 Berita 12 j 8.00 Sarapan Malaysia <M). g.OO Beyond 2000. i W 9.00 ABM News (M) Rio Diablo, 2pm, SBC S Hollywood Stuntmakers, 4pm, 8.50 Max Out. I 9 9.30 CNN Market Report Desperados rob a bank in a
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      Page 28 Miscellaneous Column 2
      251 28 RADIO Jazz Now And Then, BBC, Satur- chad Kitchen and James Lauday, 9.45 am renson. Part 2 next Sunday. A cross-section of jazz styles Short st#ry BBC, Sunday, presented by George Keid. 12.30pm The Vintage Chart Show, BBC, An old woman visits her husSaturday, 11.30 am band's grave regularly to
      251 words