The Business Times, 30 April 1994
1994-04-30
1
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The Business Times
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Title Section14 1994-04-30 1 Business Times MITA(P) 010/12/93 Weekend Edition. April 30-1 May 1994 WE KNOW ASIA 75*14 words
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549 1994-04-30 1 Lilian Ang, Sylvia Wong - By Lilian Ang, Sylvia Wong SINGAPORE The government's new short-lease housing scheme, aimed largely at providing lodging for foreign workers, looks likely to draw more interest from Singaporeans seeking low-cost homes instead. Developers and property consultants contacted yesterday noted that the new scheme549 words
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233 1994-04-30 1 Reuter, The Straits Times HONGKONG What would be considered a fairly modest two-storey house in any other countrv fetched a staggering HK$ 14.000 (552.800) per square foot in Hongkong, a record even by the astonishing levels of property prices in the BritishReuter,; The Straits Times - 233 words
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473 1994-04-30 1 Reuter, AP. Bloomberg Business News LONDON The dollar narrowly escaped falling to its all-time low of 100.40 yen yesterday before the US Federal Reserve intervened repeatedly to defend the currency. The New York Federal Reserve purchased dollars for marks andReuter,; AP.; Bloomberg Business News - 473 words
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2am LATEST
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Article55 1994-04-30 1 Reuter NEW YORK Wall Street stocks were higher yesterday, with technology companies leading the advance. At Ipm EDT, advancing issues led declines 11-8 on moderate volume of 176 million shares on the New York Stock Exchange. At 2pm EDT, the Dow Jones Industrial Average stoodReuter - 55 words
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60 1994-04-30 1 Bloomberg Business News MILAN Ferruzzi Finanziaria SpA, the Italian agrochemical holding company, said yesterday that one-time charges to write off some of its investments pushed it into a deeper loss in 1993. The company said its net loss widened to 2.419 trillion lire (552.3Bloomberg Business News - 60 words
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81 1994-04-30 1 AFP RUESSELSHEIM, Germany German car maker Adam Opel AG filed suit against the daughter of Volkswagen purchasing officer Jose Ignacio Lopez de Arriortua, Begouna Lopez, for industrial espionage, Opel spokesman Bruno Seifert said yesterday. Opel is a unit of General Motors. The weekly Focus,AFP - 81 words
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Article, Illustration223 1994-04-30 1 SINGAPORE Regional stock markets eased yesterday after the US stock and bond markets fell overnight on fears that US economic data pointing to inflationary pressures may prompt the Federal Reserve to raise interest rates again. InSource: Bridge Info - 223 words
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321 1994-04-30 1 William Chia - From William Chia INDONESIA'S Djajanti Group is proceeding with plans to list its timber subsidiary despite failure to get the recommendation of the Forestry Ministry for its listing earlier this week. Indonesian Forestry Minister Djamaludin Suryohadikusmo said he could321 words
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Article, Illustration299 1994-04-30 1 SINGAPORE If the outcome of an auction this week is anything to go by. owners of large bungalow plots are sitting pretty. To the chagrin of bidders, the owner of this 31,859 sq ft bungalow in District 10's Queen Astrid Park decided to reject a299 words
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Article162 1994-04-30 1 Stock market indices Friday Change STII 2,296.19 -8.45 KLSEComp 1,054.50 -0.84 Nikkei Closed Hang Seng 8,966.07 -197.02 SET Index 1,266.67 -4.47 Jakarta Comp 462.40 -2.88 CLSA China B 978.15 -6.27 Aust All Ord 2,066.1 -3 FTSE 100 3,125.3 -4.6 Friday Previous 2pm close Dow Jones 3,671.88 3,668.31 Average162 words
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Page 1 Advertisements
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Advertisement12 1994-04-30 1 !>_+](/[\^]]`=};~%[?>-+>[>&?..| Subscription TH 1800 *****// Fa* *****75 BT Editorial let *****18 Fax *****7112 words
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Advertisement5 1994-04-30 1 China*s film-makers: ELI Reel confusion5 words
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Advertisement20 1994-04-30 1 Hock Lock Siew: pg 6 Tangs has much to prove Contractors fear land cost may tie up capitaL, Pg 220 words
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Advertisement4 1994-04-30 1 Stock Watchdms Teledata's u*t>4 words
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Advertisement121 1994-04-30 1 Photography exhibition: Ei6,7 Stunning glimpses of the natural world ,~)<]*:~"`]\(>?._>{:!@^"?),\(<" Keen bidding at latest HDB land sale points to firm prices, Pg 2 |f|j 11 1 11 ilt vKL Ajr Self-winding MARINI: watch, water-resiatant, individually numbered. In tribute to A.-L. Breguet* appointment a* "Hor lotf er de la Marine Royale'121 words
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Advertisement40 1994-04-30 1 Nam C—»mlh S pore News 2 S"poreJfsia 6.7 Regional News 3.4 Financial 10 World 4.5 Futm> Mariwts Opinions EL2 CM>/N.SE. StS 14 16 PI &4.5 Regional .12 Reviews EL6.7 WhW 12 Sports ELB Currenc« _.10 TV Rado £112 Smei/Commo 1140 words
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SINGAPORE NEWS
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Article, Illustration622 1994-04-30 2 Anna Teo - Market pricing a major pillar of country's economic success Reports by Anna Teo FAR from over-taxing the people. Singapore's policy of cutting subsidies has enabled Singaporeans to have more money in their pockets. Prime Minister Goh Chok Tong said last night. Speaking on622 words
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119 1994-04-30 2 A CLUBHOUSE for grassroots leaders will go up in Yio Chu Kang by 1998 in recognition of their contribution, the Prime Minister announced last night. The government will provide a 1,4-hectare site and a 80 per cent grant for the $19119 words
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NEWS ROUNDUP
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Article141 1994-04-30 2 SENIOR MINISTER Lee Kuan Yew will visit France. Germany, Israel and Jordan from today to May 15. During the four days in France, he will meet Foreign Minister Alain Juppe, Mayor of Paris Jacques Chirac and Senate President Rene Monory. In Germany, Mr Lee141 words
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134 1994-04-30 2 SINGAPORE AIRLINES and the Singapore Airlines Staff Union yesterday signed a three-year memorandum of agreement on improvements in salaries, allowances and gratuities for cabin crew. The deal is effective from July 1 last year and payments will be backdated to Jan 1, 1993. New134 words
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Article44 1994-04-30 2 THE REGISTRY of Vehicles has announced that the tender for June 94 vehicle certificates of entitlement will open on May 3 and close at noon on May 7. A total of 4,413 certificates are available for June.44 words
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Article58 1994-04-30 2 THE COMMANDER of the Royal Brunei Land Forces, Fehin Datu Husin, was conferred the Meritorious Service Medal (Military) by Defence Minister Yeo Ning Hong yesterday. BG Pehin Datu Husin received the award, one of Singapore's most prestigious, for his efforts and contributions to help forge ties58 words
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Article50 1994-04-30 2 SINGAPORE MRT has been awarded ISO 9002 certification by Sisir for the high quality standards maintained in its train overhaul programme. ISO 9002 is an internationally recognised certificate awarded to companies which comply with specifications and standards for quality assurance in production and installation.50 words
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238 1994-04-30 2 LANDLORDS of major shopping centres in Singapore have formed an association to raise professionalism in the industry. Members of the new body. The Association of Shopping Centre Management, collectively control about 40 per cent of retail space here. They include the238 words
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188 1994-04-30 2 STRATEGIES to enhance the equal participation of women in national life, and some areas of concern for women in economic development, have been identified at a regional workshop. Constance Singam. chairman of the Regional Workshop of Government and Non-Gov-ernment Organisations, told reporters yesterday188 words
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485 1994-04-30 2 A J Leow - By A J Leow LOCAL DEVFLOPLRS are confident that prices of residential and suburban retail land will remain firm in the next few years, judging by the results of the latest land sale by the government.485 words
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252 1994-04-30 2 Worker dormitories scheme CONTRACTORS yesterday showed measured interest in the worker dormitories scheme announced on Thursday by the National Development Ministry. Their main worry is cost. Teng Kwok Kheong. executive director of the Singapore Contractors Association, said the association was doing a252 words
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Article, Illustration464 1994-04-30 2 Claire Leow - By Claire Leow DISK-DRIVE MAKER Western Digital (WD) is raising its output of 2.5-inch disk drives as it expects demand for portable computers to surge. By the first quarter of next year. WD expects 2.5-inch disk drives to contribute 15 per cent464 words
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219 1994-04-30 2 INDEPENDENT liquid storage operator Van Ommeren Tank Terminal Singapore yesterday officially opened its second facility here. The S6O million terminal, on Pulau Sakra off the coast of Jurong Industrial Estate, has a capacity of 35.000 cubic metres. Van Ommeren Tank Terminal a joint venture between219 words
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Page 2 Advertisements
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Advertisement25 1994-04-30 2 high stakes Don't get shortchanged, go for a coverage 1 V you can bank on. ~J>> Financial News. Everyday. SINGAPORE Business Times WE KNOW ASA25 words
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Page 2 Miscellaneous
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Miscellaneous500 1994-04-30 2 I WEATHER I Singapore: Showers over several areas in the late morning and afternoon. (Temperature range 25-33). ftsu Pacffic Mt/Lo* Cm* Earapt Ht/U' Cmi. Buenos A*es 26,13 Showers Auckland 16 10 Cloudy Amsterdam 16 06 Cloudy Chicago 09/03 Rar Bar# > 36 24 Cloudy Athens 26 15 Sunny Honolulu 30/21500 words
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THE REGION
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439 1994-04-30 3 Loh Hui Yin - From Loh Hui Yin in BANGKOK PRIME Minister Chuan Leekpars government lost its bid yesterday to push through amendments to strengthen demoeraey in the Thai eonstitution. The latest defeat suffered by an already fragile Chuan government has heightened speeulation439 words
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371 1994-04-30 3 Claire Leow - By Claire Leow SINGAPORE American computer and peripherals firm Hewlett-Packard is building a second plant in Penang, next to its components factory, to build disk drives. The venture, to be announced on May 10, marks the second major investment by371 words
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Article, Illustration79 1994-04-30 3 AFP TAIPEI Some 1,000 Buddhist meditators staging a sit-in protest in front of Tainan's parliament building yesterday to show anger over what they claimed was violent and inhuman suppression of a demonstration by some 20.000 Vietnamese refugees in Hongkong. The sit-in was staged byAFP - 79 words
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358 1994-04-30 3 Reuter. UPI LONDON China is aiming for economic superpower status and is pushing reforms through as fast as political stability and administrative restrictions will allow. Bank of China general manager C G Wu told a business conference here on Thursday.Reuter.; UPI - 358 words
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307 1994-04-30 3 Reuter LONDON China's tax reforms. introduced this year in a bid to fund the country's neglected infrastructure and. growing external debt, have failed, two senior Western analysts said. "The most recent attempt to reform the tax structure in China has failed and myReuter - 307 words
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561 1994-04-30 3 Reuter. AFP TOKYO Ministers in Japan's new minority government woke up yesterday to the depressing news that much of the country had written them off before they even started work. "It's sad but we can't find words for a government that lostReuter.; AFP - 561 words
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ASIA NOTES
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93 1994-04-30 3 Reuter lAIPLI Faiwanese business t\coon Kao Chin-yen said yesterday he plans to ask the government and private industry to form a joint venture to seek technology transfers from Japan. Mr Kao. chairman of the Chinese National Federation of Industries, said he would ask the EconomiesReuter - 93 words
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Article, Illustration34 1994-04-30 3 Reuter BALI Vietnamese President Le Due Anh meeting a character in a Balinese dance on Indonesia's resort island vesterday towards the end of his four-day isit to Indonesia. ReuterReuter - 34 words
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Article101 1994-04-30 3 AFP TOKYO Average monthly wages earned by Japanese workers last \ear rose one per cent from 1992 in nominal terms hut fell 0.1 per cent in real terms, an official report released yesterday showed. Ihe report was hased on a survey of 17.000 companiesAFP - 101 words
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118 1994-04-30 3 AFP SEOUL After emerging from two years of slowdown. South Korea s economy is growing far beyond all expectations, officials said yesterday, as a state-run think tank jacked up the 1994 growth projection to 7.6 per cent. Estimates based on industrial outputs indicated that theAFP - 118 words
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75 1994-04-30 3 Bloomberg Business News BEIJING China will punish its inefficient state enterprises if they cut their bloated workforces without government the official Xinhua news agency reports. A package of 20 measures. issued by the Ministry of Labour to curb rising unenv ploy men t.Bloomberg Business News - 75 words
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Page 3 Advertisements
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Advertisement221 1994-04-30 3 We're Giving An Extra I o celebrate the I I our Parade I Singapore Finance is offering this H I fabulous once-only H I Open an account for 12 months or H I longer, enjoy an extra 0.5% p.a. on H I your fixed deposits and take home I FREE221 words
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REGION/WORLD
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488 1994-04-30 4 March figures show continuing economic upturn Reuter NEW YORK An improving job market helped Americans earn more, spend more and save more in March, a sign that the US economy is in no danger of losing momentum, American economists saidReuter - 488 words
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Article, Illustration378 1994-04-30 4 Bernama KUALA LUMPUR Developers with a poor record in low and medium-cost housing were given a stark choice yesterday: build more such houses or face problems in getting approval for their other projects. The stern warning came fromBernama - 378 words
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Article, Illustration70 1994-04-30 4 Reuter BOMBAY A flock of pink flamingoes taking flight in the heart of Bombay's industrial area on Thursday. For the first time in SO years, more than 1,000 birds descended on the port city in waters polluted by waste from nearby refineries and thermal power plants.Reuter - 70 words
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302 1994-04-30 4 Reuter JAKARTA Indonesia is revamping its lucrative but sluggish domestic airline sector in a move which analysts say could stir airlines to greater efficiency. reduce fare prices and boost tourism. "To streamline the domestic sector is a step inReuter - 302 words
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240 1994-04-30 4 Reuter JAKARTA Indonesian authorities looking into a multi-million-dollar bank loan scandal have seized an island ofT west Java. 40 houses and numerous cars belonging to a leading suspect in the case, a senior official said yesterday. "As part of the effort toReuter - 240 words
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479 1994-04-30 4 Harish Mehta - By Harish Mehta SINGAPORE Powers from outside the region may be invited to future talks organised by a regional forum in order to resolve a long-running territorial dispute between six countries over the resource-rich islands of the South479 words
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393 1994-04-30 4 Stock prices jump, currency strengthens against greenback AFP. Reuter JOHANNESBURG South Africa's financial markets responded positively yesterday to the country's first all-race election. with the rand strengthening against the dollar and prices jumping on the stock exchange. The overall index was 118 pointsAFP.; Reuter - 393 words
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395 1994-04-30 4 Reuter NEW DELHI Indian industry. responding to a new economic order, is showing signs of recovery, but business analysts said yesterday the nation's flagging industrial infrastructure is a major block to steady growth. They said the local capital goods sector alsoReuter - 395 words
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121 1994-04-30 4 Bloomberg Business News BEIJING Taiwan's decision to ban tour groups from visiting China, effective this Sunday. will hurt Hongkong's tourism industry. Standard Chartered Bank warned in a report yesterday. It said an estimated 1.5 million Taiwanese came through Hongkong on theirBloomberg Business News - 121 words
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Page 4 Advertisements
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Advertisement61 1994-04-30 4 Osprey Maritime Limited RESIHSFOR SHARE APPLICANTS Call the Stocks Shares Hotline for Number of shares allocated (Securities Account No. required) Expert's recommendations of which issue to buy I How to invest? How to go scripless. Calls are charged at 50 cents a minute. Sponsored by: Organised by I iICSIS i61 words
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THE WORLD
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476 1994-04-30 5 Bloomberg Business News LONDON Business is booming in warrants, the derivative for the small investor, even as companies discover the hidden dangers of trying to make money on derivatives. Retail investors are stocking up on these instruments not to guard against unwelcomeBloomberg Business News - 476 words
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356 1994-04-30 5 Reuter NEW YORK AT&T Corp has won a long-sought contract to sell its products and services in China, potentially the world's largest market for the telecommunications giant. The company said on Thursday that the agreement, "worth billions of dollars overReuter - 356 words
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Article170 1994-04-30 5 Reuter PARIS Israel and the PLO have signed an agreement laying the framework for economic ties between future self-gov-erning Palestinian areas and the Jewish state. The agreement was signed yesterday by Israeli Finance Minister Avraham Shohat and Palestine Liberation Organisation negotiator Abu Ala (Ahmed Korei)Reuter - 170 words
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264 1994-04-30 5 AFP WASHINGTON Congress voted on Thursday to give the US president authority to boost arms sales to Taiwan in a move certain to raise the ire of China. The measure affirms that the US commitment to the defence of laiwan takes precedenceAFP - 264 words
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Article, Illustration83 1994-04-30 5 AFP BAYRELTH, Germany Yet unbeaten. The movement of the world's smallest mechanical watch, which was produced in 1929 by Swiss manufacturer Jaeger-Le Coutre, can be seen during a special exhibition "Watch culture" in a jewellery shop in Bayreuth until May 7. The 4.Bmm wide, 14mm high movement containsAFP - 83 words
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262 1994-04-30 5 Reuter PARIS The number of people out of work in France rose by just 8.600 in March and the jobless rate held at 12.2 per cent for the fourth month in a row, the Labour Ministry said yesterday. Although it took theReuter - 262 words
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WORLD WATCH
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Article, Illustration56 1994-04-30 5 AFP SOFRINO. Russia A woman dipping egg-shaped candles in the Moscow Patriarchate's factory in Sofrino. 20 km from Moscow. yesterday. Tomorrow. Russians will celebrate their RussianOrthodox Laster with the factory very busy prior to the holidays producing all kinds of religious items as such as candles, icons orAFP - 56 words
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103 1994-04-30 5 Reuter GENEVA Trade ambassadors yesterday approved the establishment of four bodies to prepare for the establishment of a powerful new World Trade Organisation (WTO) early next year. The envoys to the General Agreement on TarilYs and Trade (Gatt) also formally endorsed the appointmentReuter - 103 words
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61 1994-04-30 5 AFP ASHGABAT French President Francois Mitterrand on Thursda> wound up a four-day ground-breaking visit to Uzbekistan and Turkmeniya aimed at building commercial and political ties with the two former Soviet Central Asian states. Mr Mitterrand is the first Western head of state to visit theseAFP - 61 words
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96 1994-04-30 5 AFP WASHINGTON Congress has approved a non-binding resolution calling for President Bill Clinton to lift the arms embargo on Bosnia to help the Muslim-led government better defend itself against the Serbs. Thursday's decision was included in a USSI3.S billion (5520.9 billion) foreign operations billAFP - 96 words
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130 1994-04-30 5 AP WASHINGTON The House Ways and Means Committee voted without dissent on Thursday to simplify Social Security tax requirements for domestic workers. This is the "nanny tax" that tripped up Zoe E Baird and several other potential Clinton administration nominees to top jobsAP - 130 words
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109 1994-04-30 5 Reuter NEW YORK Mexico expects its relatively high current interest rates to fall further by the August presidential elections, a top official said on Thursday. "We are not forecasting that interest rates will stay that high until the elections." said finance and public credit under-secretaryReuter - 109 words
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72 1994-04-30 5 Reuter WASHINGTON A former scientist for Philip Morris told a Congressional panel on Thursday that the cigarette maker ordered him not to publish his research on nicotine addiction a decade ago and then his lab was abruptly shut down. Dr Victor DeNoble was testifyingReuter - 72 words
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324 1994-04-30 5 Washington Post WASHINGTON While some Wall Street traders are fretting about the prospect of a return to *****-style inflation, President Clinton's top economic advisers see the economy headed instead for a replay of the late 1950s and early 1960s a period markedWashington Post - 324 words
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Article1791 1994-04-30 5 aty n+i rr* right n?_ crtjr w 0®_ Mmtan RJ187 0130 Hangzhoo MI931 2035 MI932 0920 Amsterdam SQ25 0630 KL844 0035 Hanoi VN741 1310 SQ176 1130 KL831 0935 KL838 2300 SQ175 1855 VN74Q 1410 SQ324 2345 lutyai MI895 2300 MI896 1920 Auckland NZ21 1735 BA11 15051,791 words
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COMPANIES & MARKETS
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520 1994-04-30 6 Lee Han Shih - By Lee Han Shih SINGAPORE Retailer C K Tang has finally unveiled a plan to raise much-needed money but it is paying a high price for the cash. The listed company said yesterday it planned to raise Ss63 million by520 words
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740 1994-04-30 6 Lee Han Shih - HOCK LOCK SIEW By Lee Han Shih SINGAPORE It is somewhat ironic that C K Tang, a quality retailer which prides itself on not relying on discounts to lure customers, is giving such a deep discount for its capital-raising exercise.740 words
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Article, Illustration362 1994-04-30 6 Rahita Elias - By Rahita Elias SINGAPORE Singapore's largest private warehouse operator, CWT Distribution, plans to build up its interests in Asia this year. Chairman Goon Kok Loon says in CWT's just-released 1993 annual report: "Further efforts will be directed at regionalising our operations into Malaysia, Indonesia,362 words
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244 1994-04-30 6 Ven Sreenivasan - By Ven Sreenivasan SINGAPORE Debt-ridden RMCA Reinsurance said yesterday that its annual general meeting and release of audited accounts would be delayed until mid-1995 because it had to verify and document creditors' claims. The company has just launched a Scheme of Arrangement, approved244 words
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271 1994-04-30 6 Claire Leow - By Claire Leow SINGAPORE Low Keng Huat (Singapore) yesterday announced a 57.1 per cent decline in net profit to Si.7l million for the year ended Jan 31. This was despite a strong 49.4 per cent rise in its turnover to 5202.09271 words
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215 1994-04-30 6 SINGAPORE DBS Land has tied up with a Chinese party to buy a 50-year lease on a prime site in Shanghai for a retail podium and office tower. DBS Land said yesterday it had entered into an in-princi-ple agreement215 words
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EYE on your STOCKS
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Article20 1994-04-30 6 For next week's expected market sentiment, see BT Sentiment Index on EL 4 (Personal Finance A Investment section)20 words
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Article, Illustration159 1994-04-30 6 Paul Leo - -By Paul Leo CONSOLIDATED Plantations has been trading between $1.95 and $2.35 since March 17. A break on either side of the range could result in a 40-cent move in the direction of the break. At yesterday's close of $2.14, technical factors point to a break on the159 words
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COMPANIES
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Article, Illustration445 1994-04-30 7 Land General to enter petrochem tie-up in Malaysia Bernama, AFP KUALA LUMPUR Land and General Bhd (L&G) plans to set up a joint-venture petrochemical project worth US$3OO million (***** million) with Mitsui Co Ltd of Japan and Petronas in Malaysia, L&G chairman Azmi Wan Hamzah said yesterday. The move willBernama,; AFP - 445 words
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506 1994-04-30 7 Shiv Taneja - By Shiv Taneja SINGAPORE A Chinese company's U*****.9 million (S$ 1.303 billion) purchase of a 12 per cent stake in Hongkong Telecom has been billed the biggest merger and acquisition deal in Asia last year. The deal, which involved Hongkong-listed China506 words
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276 1994-04-30 7 Alec Almazan - From Alec Almazan in MANILA WEIGHED down by huge maintenance costs, Philippine Airlines took a US$lO.5 million (5516.4 million) loss in the financial year ended March against a record profit of US$3B million the year before. PAL said maintenance costs276 words
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Article502 1994-04-30 7 W*ugw$'priew Apr 30 US Gr Fund 100 1 04" Singapore Unit Trust **"8 Invest Mgt Ltd The Commerce 1.74 1.83 H n UIM 1 liil !'«2 The Savings Fund 1.60 1.68 !'?5 S pore Pro« Fund 0.73 0.77 United Gr Fund 1.68 174 Spore Sec Fund 106 I II United502 words
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356 1994-04-30 7 Maggie Ford - From Maggie Ford in JAKARTA A RECOVERY in the domestic car market plus higher exports boosted Gadjah Tunggal's sales last year by 35 per cent and net income by 30 per cent. The listed Indonesian tyre producer, 75 per cent owned by356 words
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228 1994-04-30 7 Bernama KUALA LUMPUR Advance Synergy Bhd (ASB) today clarified that its Indonesian oil and gas joint-venture was aborted due to its failure to get the Securities Commission's approval within the time frame. Chairman Datuk Ahmad Sebi Bakar dismissed claims that the project wasBernama - 228 words
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COMPANY BRIEFS
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65 1994-04-30 7 SINGAPORE Intraco said yesterday it would introduce new articles of association to cover the conversion of its shares to scripless trading in June 1994. The new articles take into account changes made to Chapter 50 of the Companies Act, which cater to the Central Depository65 words
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73 1994-04-30 7 SINGAPORE Harimau Investments has obtained in-principle approval from the Stock Exchange of Singapore for a one-for-five bonus issue of 10 million new ordinary shares of Si each. Subject to shareholders' approval at an extraordinary general meeting on May 18. the company will close73 words
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Article38 1994-04-30 7 SINGAPORE Singapore Press Holdings said yesterday that Tang I-Fang has been appointed as chairman of its audit committee, from April 22. Tjong Yik Min and Lim Kim San have been appointed members of the committee.38 words
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Article41 1994-04-30 7 SINGAPORE Sembawang Shipyard says shareholders yesterday approved the change of its name to Sembawang Corporation Ltd. Shareholders also approved the second and final dividend of 12 per cent less income tax for the year ended December 1993.41 words
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Article57 1994-04-30 7 SINGAPORE Material Handling Engineering has acquired four shares of Msl each at par value in Modern Handling Engineering (Malaysia) from Peter 800 Song Heng, Lee Bee Lian, Lawrence Chen Keng Hing and Cheong Seng Gee. The Malaysian company is dormant. Mr 800 and Mdm Lee are57 words
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Article53 1994-04-30 7 Bernama KUALA LUMPUR MBf Unit Trust Management Bhd yesterday declared a 10 sen per unit dividend to investors as at April 30, 1994. The dividend was declared due to the excellent performance of the fund in the last financial year, the company said in aBernama - 53 words
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246 1994-04-30 7 Bernama MELBOURNE Malaysian gaming specialist Palmgold has bought three hotels in Adelaide, in the state of South Australia, in the past three weeks and hopes to acquire three more, also in Adelaide, in the near future. The acquisitions areBernama - 246 words
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COMPANY BRIEFS
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45 1994-04-30 8 Bloomberg Business News TAIPEI Delta Electronics Inc, one of Taiwan's largest manufacturers of computer components, said after-tax profit for the first three months of 1994 declined 31 per cent on the year to NT5114.6 million (556.74 million). Bloomberg Business NewsBloomberg Business News - 45 words
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82 1994-04-30 8 Reuter HONGKONG Listed companies have told the Hongkong stock exchange that the unification of China's exchange rate is not expected to have a big impact on earnings. Herbert Hui, head of the exchange's listing division, told a business lunch that the exchange had surveyed listedReuter - 82 words
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114 1994-04-30 8 Bloomberg Business News TAIPEI Yieh Hsing Co, a major Taiwanese steel maker, said pre-tax profit for the first three months of 1994 plunged 54.2 per cent on the year to NTS 11.8 million (*****,000), the Economic Daily News reported yesterday. Earnings fell on a declineBloomberg Business News - 114 words
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100 1994-04-30 8 Bloomberg Business News TAIPEI Chuntex Electronic Co, one of the world's largest manufacturers of computer monitors, yesterday said pre-tax earnings for the first quarter declined 36.7 per cent to NT573.4 million (554.3 million). Chuntex is aiming at pre-tax profit of NTSSOO million for 1994, whileBloomberg Business News - 100 words
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91 1994-04-30 8 Bloomberg Business News HONGKONG China-controlled financial and insurance services group Min Xin Holdings yesterday said net profit soared 89.2 per cent to HKSSB.3 million (SSU.7 million) in the fiscal year ended Dec 31. The figures are after taxes and payment of and fromBloomberg Business News - 91 words
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94 1994-04-30 8 Bloomberg Business News PARIS Credit Lyonnais has sold its 3.7 per cent stake in retailer Pinault-Printemps SA to the latter's main shareholder Artemis, the Wall Street Journal Europe reported yesterday. The sale generated some 500 million francs (S$ 136 million) for the French bank.Bloomberg Business News - 94 words
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393 1994-04-30 8 Florence Chong - From Florence Chong in SYDNEY THE Singapore-based Thakral group is expected to list a new holding company for its Australian operations over the next six weeks. Its financial adviser, Wardley James Capel, is expected to send out a prospectus for393 words
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258 1994-04-30 8 Bloomberg Business News HONGKONG Hongkong Aircraft Engineering Co, one of the world's largest aircraft maintenance companies, has suffered losses on its international debt securities portfolio. Company officials told Hongkong securities analysts at a private briefing on Thursday that the losses wereBloomberg Business News - 258 words
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Article, Illustration349 1994-04-30 8 Eastern Express HONGKONG China Travel International Investment (CTII), the listed arm of the mainland tourism conglomerate China Travel Services (CTS), posted a net profit of HKS 184.02 million (SS37 million) for the year ended Dec 31 despite a grim outlook for its two key areasEastern Express - 349 words
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232 1994-04-30 8 AFP ABU DHABI The United Arab Emirates (UAE) is to have a stock exchange in September as part of efforts to boost investment, a local newspaper reported on Thursday. The report in Al-Khaleej follows the formation of a committee grouping the central bankAFP - 232 words
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SHIPS IN PORT
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Article638 1994-04-30 8 Vesse) Voy No Berth Arrival Departure Vessel Voy No Berth Arrival Departure Jurong Part speed *****- poia 3004/0700 30 04/0800 M lestari M2 17 alongside 3004/2000 Batam Speedj *****° POIA 29 04/2030 29 04/2130 Hye Prosperity 1040/94 110 alongside 3004/1200 Brother Star 19 P09A 30 04/2000 01638 words
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Article1815 1994-04-30 8 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Record Booking/Balance Rslts Ship Voy No Etb/Btr Period From To From Ac. Lotus 051* 30/1800 IB 29/1500 29,1659 29/1900 Ad Gonchafov 21SI94 02 0900 2A 29/1700 30 0659 30 0900 3 30/0/001,815 words
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FINANCE & COMMODITIES
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334 1994-04-30 10 Reuter NEW YORK Goldman, Sachs Co faces US$37 million (5557.3 million) in suits from clients who bought an adjustable rate preferred stock that was issued by Ratners, a UK jewellery firm, said sources familiar with Goldman's defence. The individuals, who requested anonymity,Reuter - 334 words
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368 1994-04-30 10 Lim Soon Neo - From Lim Soon Neo in HONGKONG ANOTHER Taiwanese bank, Chang Hwa Commercial Bank Ltd, has been granted a banking licence in Hongkong, bringing the total number of Taiwanese banks with full banking licences here to four. "More and more Taiwanese banks are expected to368 words
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Article, Illustration382 1994-04-30 10 DBS Bank weekly currency review US$/mark: Bearish trend The greenback fell on Monday from last Friday's close, breaching critical support at 1.6815. Then it dropped to a low of 1.6605 on Thursday and was seen trading at 1.6610 level yesterday morning. The technical picture382 words
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SMALL CHANGE
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81 1994-04-30 10 AFP JAKARTA PT Bank Bali registered a 7.1 per cent hike in consolidated net profit last year, although revenues dipped 8 per cent, the company said yesterday. In an audited financial statement, the bank said its net profit for the year to DecAFP - 81 words
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Article75 1994-04-30 10 Bernama KUALA LUMPUR Oriental Bank Berhad (OBB) yesterday announced a further reduction in its base lending rate (BLR) to 6.90 per cent per annum, effective April 30, from 7.25 per cent. Executive director and chief executive Ramly Ahmad said in a statement that theBernama - 75 words
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69 1994-04-30 10 Reuter BANGKOK Finance and securities companies will have to limit their foreign currency debt holdings to 20-25 per cent of their capital from end-June, a Bank of Thailand circular said yesterday. "This instruction was issued because some finance companies are borrowing offshore. Only a fewReuter - 69 words
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69 1994-04-30 10 Bloomberg Business News TOKYO Japan's Ministry of Finance will allow Japanese companies to sell warrant bonds overseas that are linked to the Nikkei-300 Index. From now on, Japanese companies will be able to sell foreign bonds paired with warrants that reward investors based onBloomberg Business News - 69 words
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282 1994-04-30 10 AFP KUALA LUMPUR Malay-sian-French Bank, a unit of a Paris-based international merchant bank, yesterday said it is setting up a subsidiary in Malaysia's international offshore financial centre in Labuan. The unit would help it tap business from the Asia-Pacific region, theAFP - 282 words
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190 1994-04-30 10 Reuter LONDON Britain's central bank unveiled plans to change its management structure with its activities split into two broad divisions, the Financial Times newspaper reported in its early edition yesterday. The Bank of England was proposing to group its activities into aReuter - 190 words
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250 1994-04-30 10 SINGAPORE Six Singa-pore-based banks have arranged and lead-managed a US$lOO million (*****.5 million) loan to Thailand's Nakornthon Bank in the Asian dollar market. Altogether, 19 Singaporebased banks are in the lending syndicate of 35 financial institutions from Asia, the Middle East.250 words
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Article174 1994-04-30 10 Reuter LONDON The battered dollar plunged perilously close to its post World War Two low of 100.40 yen yesterday but narrowly avoided a fully fledged rout as the US central bank intervened to prop it up. The Federal Reserve pitched in, buying dollars for yen and marks, and TreasuryReuter - 174 words
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169 1994-04-30 10 ENERGY REPORT Bloomberg LONDON Oil futures prices declined on both sides of the Atlantic amid expectations that Iraq will soon be allowed to sell oil on the world market, brokers said. Renewed Iraqi exports would magnify the present surplus of supplies andBloomberg - 169 words
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Article93 1994-04-30 10 Reuter NEW YORK The dollar fell sharply against the German mark and other major currencies early yesterday in active trading spurred by upward revisions in US data on personal incomes and spending in February. Traders ignored the report of moderate increases in Americans* incomes and spending in MarchReuter - 93 words
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Article, Illustration1676 1994-04-30 10 1 imle\ caktilutnl atum\i S'puir's lof> 14 liat/uif Ba* irtir I9Bf US$/S$ forward rates Noon Apr 29 s$ Bid Offer 1-month I.554S 1 5563 2-month 1.5552 1 5567 J-month 1 5554 ***** 6-month 1.5555 1.5575 Stainv OCBC Source: OCBC FOREIGN CURRENCY NOTE RATES As at 9am an Apr 29 Singapore1,676 words
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COMMODITIES & FUTURES
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1304 1994-04-30 11 SIMEX REPORT Reuter SINGAPORE Simcx Eurodollar futures closcd steady in quiet trade. Dealers said there was some short covering in Simcx yesterday after Thursday's sharp falls at IMM on inflation worries. A dealer with a US commission house said there was some buying when EuropeReuter - 1,304 words
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711 1994-04-30 11 COMMODITY REPORTS Tin TIN closed seven cents up at MS 14.43 a kg in line with a higher London market overnight and an initial low offers, traders said. They noted an opening offer of 68 tonnes against bid of 114. Final turnover711 words
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KNIGHT-RIDDER COMMODITY SUMMARY
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83 1994-04-30 11 LONDON Australia's Equatorial Mining announced it has decided to proceed with its Leonor oxide copper project in Chile. Leonor's reserves are now calculated at 70 million tonnes grading 0.93 per cent copper, comprising 28 million tonnes averaging 1.09 per cent copper and an indicated83 words
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60 1994-04-30 11 ABIDJAN Ivory Coast, the world's first cocoa exporter, will maintain its quality policy on the cocoa mid-crop, an official at the Ivorian Ministry of raw materials said. Exporters estimate the 1993-94 cocoa mid-crop at between 100,000 and 150,000 tonnes. In the last season, Abidjan60 words
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86 1994-04-30 11 NEW DELHI India imported 3,200 tons of silver during a 12-month period starting February 1993, government officials said. Addressing deputies in the Lower House of Parliament, Minister of State for Finance Chandrashekara Murthy did not say how much the imports were worth. He said86 words
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40 1994-04-30 11 LAGOS Production of about 58,000 barrels per day of Nigerian Bonny Light from the country's eastern fields, managed by Shell Nigeria, continues to be stalled by disturbances there. Shell Nigeria managing director Brian Anderson said.40 words
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Article1513 1994-04-30 11 Rubber Apr 29 Singapore Commodity Exchange SICOW (pbyskal prices) (futures dosing is at Ipw) Buyers Setters RSS 1 Contract (S cents/kg) As at 12 (S cents/kg) lose Volume RSS 2 May 94 150.50 151.SON Month High Low Sett (tonnes) Interest RSS 3 May 94 149.50 I 50.50N RSS1,513 words
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REGIONAL STOCK MARKETS
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Article1150 1994-04-30 12 -3 The Australian share market defied steep falls on the local bond market and Wall Street overnight to close only marginally lower, brokers said. "The market ended with a whimper in a situation where nobody is prepared to do much," one broker said. Few people were willing to take1,150 words
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Article610 1994-04-30 12 -10.26 Share prices closed lower as investors bought more second-line issues and took profits on blue chips, brokers said. "The market is shifting to second-liners. Investors are looking lor second-best stocks to market leaders which posted a substantial jump in earnings in the first quarter." said Charles Ngan of610 words
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Article661 1994-04-30 12 -158.74 Profit-taking in late trade dragged Taiwan stocks to a sharply lower close. The index plunged 158.74 points, or 2.7 per cent, to end at 5,729.12. Turnover was T565.41 billion. The index wavered narrowly in early trade but profit-taking in paper and pulp and textile stocks, which previously had661 words
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Article396 1994-04-30 12 -9.25 Stocks closed easier after a day of volatile trading as institutions, especially banks, went on selling shares for profits, brokers said. "Banks and other institutions took advantage of the recent rise in blue chips to take profits," said Kim Duck Sun of Hyundai Securities. The Composite Stock Index396 words
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Article268 1994-04-30 12 -17.6 The New Zealand share market closed weaker in response to a 31 point fall of the Dow overnight and a rise in domestic interest rates. Volume was again very light and the market was characterised by the absence of buyers. The NZSE-40 Capital Index fell 17.6 to268 words
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Article67 1994-04-30 12 14.98 Share prices ended slightly higher on market expectation of an impending relaxation in the ban on forward trading imposed last month, brokers said. The 30-share Bombay Stock Exchange (BSE) index closed 14.98 points up at a provisional 3,755.38 points in low volume trading. Brokers said the turnover in67 words
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WORLD STOCK MARKETS
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Article187 1994-04-30 12 -1.54 Shares ended just slightly lower and at the day's best levels after spiking higher in late trading as Wall Street moved higher following its 31-point fall yesterday. The Bel-20 Index finished 1.54 points or 0.10 per cent lower at 1,522.00, recovering from a session low of 1,510.93. The187 words
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Article122 1994-04-30 12 15.71 Shares ended the session higher yesterday, boosted by the expiry of April options contracts, dealers said. After spending some of the morning in the red, the CAC-40 Index gradually recovered during the session, helped also by the rise in bond futures, they said. The CAC-40 index ended up122 words
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Article104 1994-04-30 12 +8.84 Shares ended higher after a strong session tor pharmaceutical group AB Astra. Lower Swedish interest rates also improved investors' sentiment, traders said. The blue-chip OMX Index rose 8.84 points to 1133.34, but decliners outnumbered advancers by 13 to 12. Five of the 30 stocks tracked by the index104 words
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Article224 1994-04-30 12 -5.24 Stocks drifted slightly lower in the official session, waiting for new leads from the bond market and the opening of US markets later in the afternoon, traders said. "It's time to catch some breath after we gained 3 per cent" over the past month, said Eric Nols, trader224 words
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Article142 1994-04-30 12 -0.38 pc Shares ended slightly lower after a nervous session, as selective buying by Italian investors was countered by profit-taking from abroad, traders said. Foreign investors, eyeing US market performances and concerned interest rates could rise, were pulling back. Direction now dependent on US developments, traders said, though any142 words
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Article834 1994-04-30 12 -4.6 Equities ended slightly lower in extremely thin trade as investors closed their books ahead of the long holiday weekend. UK markets are shut on Monday for a public holiday. Strategists expect the FTSE to trade cautiously, with a bias towards the downside next week. "It should be more834 words
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Article262 1994-04-30 12 -18.67 Shares extended losses in afternoon trading as there was no recovery seen in US bonds, dealers said. They added that pressure was enforced by fu-tures-related selling and therefore index weighted shares were among the hardest hit. The SMI index of leading shares ended 32.6 points lower at 2,736.6,262 words
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Article284 1994-04-30 12 118 Shares finished substantially firmer but off earlier highs yesterday as late prof-it-taking took the wind out of gains. Traders said peacefull polls and a stronger gold price had spurred percent- age gains for the second consecutive trading day. The Overall Index was up 118 points to 5,358, Industrial284 words
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Article807 1994-04-30 12 Amsterdam Apr 29 KK \§N-\mn> M AO 5 \egon 95 90 J \lh*J 47 50 uiK-h U/o 223 70 I 4 Vltcnu 249 10 W> 72 40 -5 Bols-Wessanen 50 -3 BiMMimt Wdtn 163 20 -4* Buhdiun frtlcio 29 20 DSM 13*40 -10 thrsier 167 20 -5 Fufckrr 16 60807 words
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Article306 1994-04-30 12 +3.2 Stocks were mixed at midday yesterday as gains in communications, pipelines and precious metals were offset by losses in energy and banking issues. Traders said attention appears to be focused on first quarter earnings than the weak bond market. The TSE 300 Composite Index was up 3.2 points306 words
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Article752 1994-04-30 12 12.19 Stocks were higher yesterday. with technology companies leading the advance. The Dow Jones Industrial Average, which earlier slid as much as 9 points, was up 12.19 to 3,680.50 at Ipm EDT. Advancing issues led declines 11-8 on moderate volume of 176 million shares on the New York752 words
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Article, Illustration3169 1994-04-30 13 Reuter HONGKONG Stocks ended sharply lower and the Hang Seng index closed below the important 9.000 level on selling triggered by Wall Street's overnight drop and concerns over a possible local interest rate hike, brokers said. The blue-chip index fell 197.02 points or 2.15 per cent to 8.966.07. itsReuter; Source: Bridge Info - 3,169 words
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Article, Illustration611 1994-04-30 13 SHANGHAI A market has slipped 1.3 per cent, after a slow rally throughout the week. The B shares also fell 0.7 per cent on profit taking. Turnover though has remained at a high US$5.B5 million, although 43 per cent of this was due to active trading in Automatic Instrument,611 words
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Article2105 1994-04-30 13 Vol Apr 2ft Yea High Low (DO) PE \jinomoto 12 AO -10 1290 1260 2570 71 Akai Electric 476 unch 482 476 410 69 Ml Nippon Airwass 1060 -30 1080 1060 2150 309 Amada 1120 -10 II V) 1110 2300 79 Asahi Biwtna II *> unch 11.10 1120 14102,105 words
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Article, Illustration1832 1994-04-30 13 Reuter BANGKOK Stocks closed lower on political concerns and falls in New York and Hongkong, brokers said. The SET Index fell 4.47 points to 1.266.67 on thin 4.5 billion baht turnover. "The market continued to be lacklustre because investors were sidelined," said a broker at Siam City Credit Finance.Reuter; Source: Bridge Info - 1,832 words
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Article, Illustration1151 1994-04-30 13 Reuter JAKARTA Share prices closed mixed in dull trading with blue chip Barito Pacific Timber falling 600 rupiah after rising strongly on Thursday," brokers said. "There has been a lot of selling after certain bigger stocks, including Barito. reached a point where foreigners were prepared to offload." one foreignReuter; Source: Bridge Info - 1,151 words
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Article2314 1994-04-30 14 MOST ACTIVE volume Mulphj (nil MX MaM UN IdmHtiiMV 4.IM.M B Mk 4.0M.0M0 kamunling MV' 2 420.1 XR> IWMtanc I IWJ— hawdM I.I7MM IcwaM I.MMH Kom)m J#t IA7MW Faker limy I.4MJM \VU)B ><V IJtXM Johjn Hl.lg> >«•«. 1.466.900 NUtiopkx Mt I.MM MOST ACTIVE value Mulplu lull U4M "402,314 words
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KUALA LUMPUR STOCK EXCHANGE
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Article, Illustration4974 1994-04-30 14 Bernama KUALA LUMPUR Share prices closed broadly easier in narrow-range trading yesterday as profit-taking by jittery investors clipped late gains in selective index-linked issues. Retail investors liquidated positions amid uncertainty in the market's near-term direction and ahead of the extended weekend. The Kuala LumpurBernama; Source: Bridge Info - 4,974 words
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STOCK EXCHANGE OF SINGAPORE
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Article7075 1994-04-30 15 II III! lill —I——IB Cc Cr 19*4 Last Vai Day Law Qm&tt IN* Dt* YM Met M Cap High Law Company Srit fM) Hick Lo« ftqwi Sdbr CVt P/E W MDUST11AL AND COMMERCIAL 1350 206 Acma 970 cd -20 21 970 970 965 975 17.5 21 LI 155 6616 SS7,075 words
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Article, Illustration1937 1994-04-30 16 Shiv Taneja - By Shiv Taneja SINGAPORE Local stocks ended lower yesterday, with the benchmark Straits Times Industrials Index easing 8.45 points, or 0.37 per cent, to close at 2,296.19. This was on the back of US economic data that indicated inflation may prompt theCharts by Bridge Info; Source: Bloomberg - 1,937 words
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ISEAS Trends
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925 1994-04-30 17 Mohammad Sadli - Mohammad Sadli examines the industrialised West's grouses about cheap imports from developing countries Mohammad Sadli Mohammad Sadli is Professor of Economics (Emeritus) at the L niversitv of Indonesia. PROTECTIONIST sentiments will apparently not melt away even in the bright sunlight of a new Gatt. Major industrialised925 words
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Article1159 1994-04-30 17 Carolyn L Gates - Carolyn L Gates looks at the Vietnamese government's efforts to reform the public sector Carolyn L Gates Carolyn I. dates is a Fellow at the Institute of Southeast Asian Studies. THE Vietnamese government is renewing its efforts to restructure the country's public sector, but senior policy makers1,159 words
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Article, Illustration1044 1994-04-30 17 Michael Hindley - Michael Hindley argues that there is a legitimate link between trade and human rights, particularly in respect of China Michael Hindley Mn had Hmdley i\ a British member of the European I'arliament. where he \it\ on the I rade ommittee a\ majority leader. A DECADE ago.1,044 words
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Article, Illustration2200 1994-04-30 18 Liak Teng Kiat - Liak Teng Kiat revisits the twin issues of Singapore's ageing population and declining birthrate, and analyses the consequences Liak Teng Kiat The writer i.s a Fellow at ISLAS. A National Day rally speech by Mr Lee Kuan Yew nearly 11 years ago signalled the start of Singapore's2,200 words
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Article, Illustration1334 1994-04-30 18 Noeleen Heyzer,Vivienne Wee - Much remains to be done in raising the status of women in society, note Noeleen Heyzer and Vivienne Wee Noeleen Heyzer,Vivienne Wee Dr Soclcen Heyzcr is the Coordinator of the Gender and Development Programme. Asian and Pacific Development Centre (APDCt and Substantive AGO F(xal Point for1,334 words
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Article, Illustration1519 1994-04-30 19 Donald K Emmerson - The complex and diverse region of East Asia cannot be understood in terms of slogans and catch phrases, argues Donald K Emmerson Donald K Emmerson Dr Donald K Emmerson is a I isiting Pro fessor in the Asian Pacific Research Center at Stan1,519 words
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Article, Illustration1317 1994-04-30 19 D Banerjee - D Banerjee analyses why the future of Indo-US relations is likely to be optimistic D Banerjee Maj-Gen D Banerjee is Deputy Director of the Institute for Defence Studies and Analyses, New Delhi. RELATIONS between India and the US have always been characterised1,317 words
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1169 1994-04-30 19 Helal Uddin Ahmed - Helal Uddin Ahmed examines how bureaucracy in the Third World has been the source of many social and economic problems Helal Uddin Ahmed The writer is an Assistant Press Secretary in the Prime Minister 's Office, Dhaka. Bangladesh. TODAY'S powerful administrative machinery', embracing highly industrialised societies1,169 words
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Article, Illustration1686 1994-04-30 20 Daljit Singh - Daljit Singh looks at Myanmar's political future Daljit Singh The writer is a Fellow at the Institute of Southeast Asian Studies. IN 1988. Myanmar abandoned the socialist path which, with its nationalisation and Burmanisation of the economy. had brought the country close to economic ruin. Since1,686 words
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1687 1994-04-30 20 Andrew Nette - Andrew Nette looks at the impact of a new economic relationship among four Asian states from the perspective of Laos Andrew Nette Andrew Sette has been working in Laos for the past one-and-a-half years as a communications consultant with i nicef. AT first glance,1,687 words
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Page 6 Advertisements
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Advertisement216 1994-04-30 6 NEWS VALUE How today's news might affect your stocks Short-lease housing scheme will draw S'poreans: developers (pg I) Could have an impact on some property stocks. DBS Land in tie-up to buy lease on Shanghai retail site (pg 6) Positive for the company. Keen bidding at HDB land sale points216 words
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Advertisement47 1994-04-30 7 You may have been unable to get your Straits Times, Sunday Times, UanHe Zaoßao and other daily newspapers from your usual newsstand because of the higher demand lately. To ensure a daily copy, call Customer Services Section on 1800-749-2577, and ask for home or office delivery service.47 words
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Advertisement160 1994-04-30 7 B^^SI^JESS_TriMES TOLL-FREE TEL. No. 1-800-741-1883 FAX:74I-1298 KSHHDBSSS FOR SALE BY TENDER FOR SHORT-LEASE HOUSING DEVELOPMENT The Housing Development Board on behalf of the Government of the Republic of Singapore is inviting tenders for the following land parcel for Short-Lease Housing developmentLocation Approx Site Area Lease Term Defu Avenue 1 20,000.0160 words
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Advertisement155 1994-04-30 7 BUSINESS TIMES TOLL-FREE TEL. No. I^oo-741-1883* FAX: 741-1298 If you have a head for figures, we figure you have just what it takes to get ahead. Singapore Broadcasting Corporation invites applications for the post of BROADCAST JOURNALIST (FINANCIAL NEWS) The Job iYou will report and edit international, regional and domestic155 words
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Advertisement454 1994-04-30 9 I THE I f I LINKED BY AN UNDERPASS TO I I V V M- I. 1 EAST COAST PARK AND EAST COAST LAGOON I I IV ITi I J#J NEXT TO BAYSHORE PARK I I v e ULTIMATE Condominium I I The ULTIMATE Lifestyle I I Grand Luxurious Seaview454 words
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Advertisement611 1994-04-30 11 BUSINESS TIMES TOLL-FREE TEL. No. 1-800-741-1883 FAX 741-1298 IN THE MATTER Of THECOMPAMES ACT. CAP SO IN THE MATTER OF MERffCO TRADING PTE LTD |N MEMBERS'VOLUNTARY WNOMG4JP) NOTICE 6 HEREBY GIVEN M tf an Extaadhary Ganani Maelng d to CURMVIMOVMnidVdhMtfW B Orchard Road #14-01 Ngaa Am Cty Tow* B Straapora611 words
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Advertisement41 1994-04-30 11 As and w hen the latest London/ Rotterdam prices are not available, the previous trading day's closing figures are carried instead. 7 STRAIGHT TALK You shouldn't have to read between the lines to get the full picture. Companies fit Markets. Everyday.41 words
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Advertisement47 1994-04-30 12 SINGAPORE Business Times WE KNOW ASIA Address: Mail or fax this form to: Postal Code Customer Relations Section Circulation Department Singapore Press Holdings Limited 82 Genting Lane Occupation Fax Ipllgtsgsv News Centre Singapore 1334 fHSB I Tel: 1800-749 2577 Fax 744 4875 Tel: (O) (H) f BTfyrrVWo7ol9«_j47 words
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Advertisement65 1994-04-30 13 ACTAL NEUTRALISES STOMACH ACID. F*~ y yqtgtifc, Actal neutralises stomach acid, giving MF quick relief from stomach discomfort, 1 I.JKE FAST-ACTING ANTACID A Sterunc «'»«•«S'- S? Health tion and heartburn. 2 The Tokyo market was closed yesterday for a holiday CLASSIFIED jfho, g-d Great buys in The straits Times Classified65 words
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Advertisement76 1994-04-30 14 .lUillllH HI I mmm^pwim P (Designed by FA Porsche) 22—^ g Mg avaii>vbleatallleadingel£ctricaldealers Whether it's the Bull or the Bear, =r v radio Singapore pte. Ltd. rn a /*flf lltlflf^ 1 Showroom: 298 Beach Road. #B 1-09/10 The Concourse. Singapore 0719 Tel: *****33 nfttzhtftd S Ciedrer Lflcl/? 3 I Office:76 words
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Advertisement51 1994-04-30 15 ACTAL NEUTRALISES STOMACH ACID. IHEaHISSSSJHSBBBBHfefchu. I Actal neutralises stomach acid, giving E quick relief from stomach discomfort, asrWJSS j A QTFDIIMr fl 3^0 indiQßS- REUEVES gastric PAIN, pq Tabiets \JH I fV CKL,ng HEARTBURN AND UPSET STOMACH S»«>~d j HEALTH tIOFI Snfl n6BrtDum. k r —Ji 2 The Straits Times51 words
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Advertisement304 1994-04-30 16 |JEK| HARIMAU INVESTMENTS LIMITED &TOC3 (Incorporated in the Republic of Singapore) NOTICE OF BOOKS CLOSURE DATE FOR PROPOSED BONUS ISSUE The Board of Directors of the Company is pleased to announce that the Stock Exchange of Singapore Limited has granted in-principte approval to the proposed Bonus Issue of 10,012,462 new304 words
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Advertisement298 1994-04-30 16 TOLL-FREE TEL. No. 1-800-741-1883 FAX:74I-1298 NOTICE NOTICE IS HEREBY GIVEN that, I TAN KUE KIM of 8, LORONG MYDIN, Singapore 1441, have applied for a PUBLIC HOUSE, FIRST CLASS Licence in respect of premises at M/s KIM'S SEAFOOD RESTAURANT at 39, SIMS AVENUE, Singapore 1438, and that this application will298 words
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Advertisement337 1994-04-30 16 IN THE MATTER OF THE COMPANIES ACT, CAP. SO AND M THE MATTER OF MARMBIZ PTE LTD (IN MEMBERS' VOLUNTARY LIQUIDATION) NOTICE OF FINAL MEETING NOTICE IS HEREBY GIVEN pursuant to Section 308(1) o» the Companies Ad. Cap. 50 thai me Final Meeting of Members of the Company will be337 words
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Advertisement630 1994-04-30 16 IN THE MATTER OF THE COMPANIES ACT, CAP. 50 PURSUANT TO SECTION 290(2)(b) and IN THE MATTER OF SHENG HUNG INDUSTRIAL CO. (PTE) LTD (In Members' Voluntary Winding Up) At an Extraordinary General Meeting of the above named Company duly convened and held at 6001 Beach Road, #1201 12-11 Golden630 words
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Page 18 Advertisements
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Advertisement98 1994-04-30 18 IN iMUUiis The Institute of Southeast Asian Studies was established as an autonomous organisation in 1968. It is a regional research centre for scholars and other specialists concerned with modern South-east Asia, particularly the many-faceted problems of stability and security, economic development, and political and social change. The Institute is98 words
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Advertisement9 1994-04-30 20 A MONTHLY MAGAZINE OF BUSINESS TRENDS AVAILABLE AT NEWSSTANDS9 words
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Executive Lifestyle
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Article, Illustration1594 1994-04-30 21 Fionnuala Halligan - China's film-makers are on tenterhooks as Beijing tightens the reins again on the industry. Fionnuala Halligan reports Fionnuala Halligan The writer is a Hongkong-lxiset/ journalist who contributed this article to Fxirutivc Lifestyle Worldwide acclaim may be pouring in. but film-makers in China are having a tougher1,594 words
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STRAWS IN THE WIND
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Article56 1994-04-30 21 WONDER what they're distilling over at the Singapore Polytechnic's Chemical Process Technology department. The man who heads that section is named Courvoisier Ng. According to the British Council's latest newsletter. Mr Ng will be attached to a British college in an exchange* programme. Maybe one of his new56 words
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Article52 1994-04-30 21 YOU'VE heard of Afta (Asean Free Trade Area), but have you heard of AfTa? An Asean oftieial eoined this when he invited journalists covering a weekend Afta retreat in Genting. in Malaysia, to help themselves to sandwiches during a tea break. What does AfTa stand for? Asean Free52 words
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Article68 1994-04-30 21 PUBLIC relations people are known for being hedgy when it comes to answering reporters" questions. However, here's one example that pretty much takes the cake: a reporter faxes a list of questions over to a PR. Back comes the reply: "Answer to Question One: this is very difficult68 words
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OPINIONS
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Article, Illustration946 1994-04-30 22 Brian Gomez - Although Australians needed Senior Minister Lee Kuan Yew's tough talk on his recent visit. Brian Gomez says their achievements are often forgotten Brian Gomez Mr dome:, a Sydney-based writer. contributed this commentary to BT IT IS arguable if distinctive946 words
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Article, Illustration789 1994-04-30 22 Jackie Sam - Jackie Sam says the planned merger of the United Democrats and Meeting Point in Hongkong isn't all it's cracked up to be Jackie Sam The writer, a Hongkong-based journalist, contributed this commentary to BT Hongkong's two biggest liberal parties the United Democrats789 words
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137 1994-04-30 22 Tan-Huang Shuo Mei (Mrs - LETTER TO THE EDITOR Tan-Huang Shuo Mei (Mrs) Manager (Public Affairs) Central Provident Fund Board WE REFER to the letter by Diana Wong titled. "Why make a simple CPF share transfer so difficult?" (BT. April 16-17). Ms Wong had asked why it was137 words
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PROFILE
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Article, Illustration1959 1994-04-30 23 Robert Graham - One of his fiercest critics called him "The Great Seducer". Now. a media tycoon with no previous political experience is all set to form a new government as Italy's latest prime minister. Robert Graham explains how Silvio Berlusconi's image triumphed over reality. Robert Graham FTFT - 1,959 words
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Article298 1994-04-30 23 AP KEY moments in the two years leading up to SiKio Berlusconi's political ascent Kchruar) 1992: The "Clean Hands" probe begins in Milan, leading to the arrest of thousands of politicians and businessmen for alleged corruption and \iolation of party financing rules. December 1992: Former SocialistAP - 298 words
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PERSONAL FINANCE & INVESTMENT
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BULLS EYE
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Article, Illustration61 1994-04-30 24 Those polled on their views of the Singapore stock market for the week ahead: Alliance Securities. Baring Securities, Daiwa Securities, DBS Asset Management, Kay Hian James Capet. Nomura Research Institute. OCBC Investment Research. Ong Co. Peregrine Securities. Phillip Securities. Schroder Securities. Smith New Court. L61 words
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Article365 1994-04-30 24 Daiwa Securities <April 29) Rotary Engineering. Accumulate. Last week. Van Ommeren Tank Terminal Singapore, the nation's largest tank storage operator, announced a key expansion plan for Singapore and China. Rotary traditionally sees significant contributions from VOTTS business. On our estimates. Rotary is trading at 28x Dec 1994 earnings and365 words
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Article, Illustration144 1994-04-30 24 Siam City Credit Finance and Securities Co The SET index should move sideways between 1,259 and 1,280. Investors are still concerned about the political situation which saw senators align with the opposition to scuttle the government's seven constitutional amendment bills. The increase in prime ratesSource: Bridge Info - 144 words
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Article, Illustration248 1994-04-30 24 Allen Sinai - Allen Sinai Global chief economist Lehman Brothers 4 J espite the FederI M al Reserve tightening. political uncertainties and instabilities in fixed income and equity markets, the US business cycle upturn still appears intact. Corrections in equity and other financial markets on the first rounds of higher248 words
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Article, Illustration820 1994-04-30 24 Agnes Chen - Agnes Chen finds out from the director of a UK outfit which puts out report cards on trusts Agnes Chen WITH WHOM can you trust vour monev? Faced with this tough question, institutional investors turn to Fund Research, a UK outfit which puts out820 words
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341 1994-04-30 24 European and us pension money invested in emerging markets is here to stay, according to Nigel Slade. Most pensions invest in the more exotic markets through pooled funds, of which about 4.000 are monitored by Fund Research. Mr Slade. who was341 words
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911 1994-04-30 24 William Barnes - dispelling the idea that they prefer to manage their own funds, reports William Barnes William Barnes FT The unexpected popularity of baht-based unit trusts owes as much to the eager demand from Bangkok's burgeoning middle class as to the timing of foreignFT - 911 words
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485 1994-04-30 24 Shiv Taneia - They are predicting that the STII will rise about 50 points next week, reports Shiv Taneja Shiv Taneia ALTHOUGH Japanese institutions will be out of the market for most of next week on account of their Golden Week Spring holidays analysts in Singapore are forecasting485 words
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326 1994-04-30 24 Shiv Taneja - In the wake of Procter Gamble's fiasco Shiv Taneja checks out the local scene Shiv Taneja Shareholders of us listed companies are discovering that detergent maker Procter Gamble was not alone in* taking a gamble on derivatives. It gained notoriety326 words
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Article, Illustration1065 1994-04-30 25 Ven Sreenivasan - By Ven Sreenivasan AT AN initial public offer price of 50 cents, Teledata a specialised distributor of voice, video and data communications and security systems is considered a good medium-term stock to own. Robust regional economic growth and increasing telecommunications infrastructure!1,065 words
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449 1994-04-30 25 Shiv Taneja - But borrowers have to pay higher interest rates for them, says Shiv Taneja Shiv Taneja IF YOU need a loan, one option is to soft-soap your bank manager to give you an overdraft facility on your bank account. The easier but more expensive way449 words
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471 1994-04-30 25 Sean Ang - Analysts are predicting that rates will rise further this year, reports Sean Ang Sean Ang THE United Overseas Bank caused quite a stir when it raised its prime lending rate from 5 to 5.5 per cent on Jan 11. Then,471 words
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Article, Illustration550 1994-04-30 25 COMMODITY bulls are kicking up their heels even as wounded equity and bond bulls limp out of the arena. For just as inflation and the threat of rising interest rates hurt equity and bond markets, the prospect of real and sustained price inflationSource: Dow Jones Telerate - 550 words
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Article775 1994-04-30 25 Deposit amount l-wk l-mth 3-mth 6-mth Deposit amount l-wk l-mth 3-mth 6-mth Bank of China NZ25.000 S49.<m 5.2500 5.3125 5.3750 mquoqo inmn a mm S10.000 £24.999 4.3125 4.4375 4.6250 10.000 49.999 99 3.0000 4.0000 4.0000 4 0000 f „«v, rdQM) 4 3750 4 5000 4 6875 50.000 Above 3.0000 4.0625775 words
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Article, Illustration538 1994-04-30 26 SUSAN TSANG - Singapore Film Fest 1994 By SUSAN TSANG A MILD-MANNERED Jewish doctor in Sweden looks out of his train window and sees a group of neo-Nazis beating up a black man. One of the young thugs hops into his compartment with a cut forehead. Because he is a doctor.538 words
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Article280 1994-04-30 26 SHAHIRON SAHARI - By SHAHIRON SAHARI MOMSG The Mountain is about one person's search for his personal family history as well as the Chinese-Canadian experience as a w hole. William Ging Wee Dere's story, fortunately for him. extends back onlyto 1909.--when his grandfather arrived in Vancouver. Dere's father arrived in 1921280 words
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Article, Illustration517 1994-04-30 26 SUSAN TSANG - Cinema Review By SUSAN TSANG RICH old fogey whose wheelchair is parked at death's door. A bunch of sycophantic relatives, sucking up to the geezer. because they're all Greedy. A familiar sort of plotline. It takes on an even more familiar turn when the geriatric millionaire517 words
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Article, Illustration718 1994-04-30 26 Susan Tsang - Susan Tsang reviews an exhibition of wildlife photography that offers stunning glimpses of the natural world Susan Tsang THE British Gas Wildlife Photography Competition is the largest and most prestigious competition of its kind in the world. With 14 categories718 words
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Article, Illustration1200 1994-04-30 26 TAN SU YEN - Travel By TAN SU YEN THERE ARE magical places left in this world. And Hawley House, a rambling country home perched on Tasmania's wind-blown north coast, is one of them. The whitewashed colonial homestead sits at the top1,200 words
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SPORTS
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Article, Illustration673 1994-04-30 28 NBA playoffs AP ATLANTA It didn't take the Atlanta Hawks and Orlando Magic long to lose the home-court advantage in the playoffs. In the first two games of the first night of the NBA post-sea-son. the Miami Heat and Indiana Pacers were the surpriseAP; Reuter - 673 words
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Article, Illustration446 1994-04-30 28 Golf AFP CANNES Manny Zerman. a South African-raised Italian with strong American connections, at last lived up to his advance billing when the Cannes Open began here on Thursday at Mougins on the French Riviera. The 24-year-old from Durban. who now livesAFP - 446 words
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SPORT SHORTS
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Article, Illustration131 1994-04-30 28 AP AFP LONDON formula One driver Nigel Vlansell in Britain's richest sportsman, with earnings totalling 145 million (SS 105.3 million), according to a sur\e> bv Hii\iih-\\ H't' maga/inc. Golfer Nick Faldo is second with t!35 million, followed bv retired Grand Prix driver Jackie Stewart with t.34.5 million. SoccerAP; AFP - 131 words
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Article, Illustration57 1994-04-30 28 NEW YORK Major l.eague on I hursda) \nterican: Oakland I Boston 4: Cleveland 3 Chicago 5: Kansas City 13 Detroit 4: Minnesota 2 Milwaukee 12: California 2 Baltimore 4: Seattle 6 NY 0: Texas I Toronto 0. National: Florida 8 Colorado 7: Houston 3 Chicago 5 (II): Pittsburgh 757 words
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Article, Illustration42 1994-04-30 28 NEW YORK NBA first round playoffs on I hursda> Eastern Conf: Atlanta 88 Miami 93 (Miami leads best-ol'-fn e-game series 1-0); Orlando 88 Indiana 89 (Indiana Western: San Antonio 106 I'tah 89 (San Antonio 1-0): Seattle l(t6 Denver 82 (Seattle l-O).42 words
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Article, Illustration222 1994-04-30 28 Reuter SINGAPORE An all-expenses paid pro-am spot at the Alfred Dunhill Cup at St Andrew's in October is the top of 13 hole-in-one prizes at the Singapore Island Country Club May Day Charity Open tomorrow. The event at SICC's Bukit Course, will be teed off by President Ong fengReuter - 222 words
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Article, Illustration38 1994-04-30 28 NEW YORK Stanley Cup first round playoffs on Thursday Western Conference: Detroit 7 San Jose I (best-of-seven-game series tied 3-3): Chicago 0 Toronto I (Toronto wins scries 4-2): Vancouver 2 Calgary 2 (OT) (Series tied 3-3).38 words
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Article, Illustration192 1994-04-30 28 AFP CHRIS ICHLRCH Shuzo Matsuoka gave Japan the edge in their Davis Cup tie with New Zealand yesterday by winning the opening singles here against Kelly Evernden. 6-2. 6-2. 6-7 (2/7). 6-4 but Brett Steven brought New Zealand level by beating Japan's Yasufumi Yamamoto 6-3 6-4 2-6 7-6 (7/3)AFP - 192 words
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PEOPLE
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Article, Illustration206 1994-04-30 28 SOME of Asean's leading actresses. directors and film personalities met each other at the sth Asean Film Week held at the Westin Stamford Hotel recently. The annual meet was started in 1989 and provides a good opportunity for Asean members to know more about one another's culturePhotos by Arthur Lee - 206 words
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TIME OFF
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Article, Illustration795 1994-04-30 29 Shahiron Sahari - Dave Koz tells Shahiron Sahari why he's no Kenny G wannabe Shahiron Sahari DAVE KOZ is described in his publicity material as "a master saxophonist" but his more unkind critics consider him a "Kenny G wannabe" as sad a label as you can get.795 words
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Article381 1994-04-30 29 Lal> Report 6 New plays from the Theatre Works' Writers' Laboratory. The readings for Lab Report 6, sponsored by Singapore Press Holdings, are directed by Lok Meng Chue and Lim Yu-Beng. May IT. Sot Ours by Chua Tze Wei and Can Opener by Tan Mei Ching. May 12: Careful381 words
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Article, Illustration188 1994-04-30 29 Cao Van Zhen in Concert Ku Lap Man conducts the SSO in this concert featuring soprano Cao Yan Zhen from the Shanghai National Orchestra. May X. spm at the Singapore Conference Hall. Tickets at $4. $7. $10 A $15 are available at Centrepoint Information Counter. Karl Heng Enterprise (Bras188 words
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Article127 1994-04-30 29 The Great American Adventure Experience the wonders of the US through three filmlets. Show limes: 11 am: Hidden Hawaii: 12pm: Niagara Minnies. Myths and Magic: Ipm: Grand Canyon The Hidden Secrets: 2pm: Hidden Hawaii: 4pm: Niagara: 5pm: Grand Canyon: 7pm: Hidden Hawaii and Hpm: Niagara. At the Singapore Science127 words
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Article763 1994-04-30 29 Faces of Serenity An exhibition and sale of fine antique works of Buddhist and secular art. May 6 to 14. I lam to Xpm <closed on Sundays) at C ale Gallery. 69.1 Hoot Quay. Admission is free. Vanishing Cubes An exhibition of French creativity in virtual images and cyberspace.763 words
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Article83 1994-04-30 29 Jade Through the Ages Since time immemorial jade, the Stone ot" Heaven, has been the stup ol myths and legends, the subject ot the sacred and the inspirational. Seemee Zahid. a Friend of the National Museum. will trace its history and cratt to try and touch the mystery and83 words
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Article396 1994-04-30 29 Wildlife Photographer of the Year Exhibition Competition The internationally-acclaimed British (ias Wildlife Photographer ot" Year Exhibition is brought to Singapore in celebration of Earth Da\. Sponsor. British Gas and coordinator. Jalan Mijau. hope it will create interest amongst local photographers to enter this year's competition. There is also the396 words
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Article, Illustration439 1994-04-30 29 Festival of Arts Fringe 1994 Outreach arm of the 7th Singapore International Annual Film Festival. Festival Fringe '94 remains largely Singaporean with performances by 70 local and 30 foreign groups. This year being the International Year of the Family, a number of special activities ha\e also been439 words
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Article133 1994-04-30 29 Wee N H - Compiled b> Wee N H Sis tic outlets are at Forum (ialleria. Liang Court, Raffles City. Scot is. Specialists' Centre. Takashintaya. Cold Storage at Jclita. Promenade and World Trade Centre, and at the Indoor Stadium. Hotline: 34H-5555. Ticket Charge outlets are at Metro stores. Uis ma Atria. Centrepoint and133 words
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EPICURE
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Article, Illustration651 1994-04-30 30 CORINNE KERK - Bon Appetit By CORINNE KERK RESTAURANTS in Holland Village seem to come and go so fast, it's easy to miss the smaller, less prominent establishments which offer good food minus the fuss. Seri Restu Indonesian Restaurant is one sueh example. You almost miss this little restaurant. partly because651 words
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Article, Illustration555 1994-04-30 30 HARISH MEHTA - By HARISH MEHTA WHEN you think of Nepal, you immediately think of trekking holidays and bouts of food poisoning while you're there. But say no more. You neither need to buy an air ticket nor a week's worth of charcoal pills to enjoy the cuisine of Nepal, nowPhotos by Chris Loh - 555 words
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Article632 1994-04-30 30 N K YONG - Wine By N K YONG THE 1959 clarets are now 35 years old. very mature even bv Bordeaux standards. At the time of the vintage, it was acclaimed enthusiastically as the "vintage of the century", a label which has lost much credibility as many later vintages632 words
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Article, Illustration1073 1994-04-30 32 Ace Ventura Pet Detective. Jim Carrey springs into action when the dolphin mascot of the Miami football team is abducted. Lido: 11.15: 1.45; 4.15; 6.45; 9. 15. Capitol: II; I.JO; 4; 6 JO: 9. 15. Changi: II; 1.J0; 4; 7; 9.15. Oriental: 11.J0; I.JO; J.JO; 7.J0; V.JO. Jurong: Il.JO;1,073 words
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Page 21 Advertisements
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Advertisement167 1994-04-30 21 mI^H^II^E M/ 4. fIV fltHB /X Wf B f Jajr k ,v«y wfjtyt Available exclusive!*" SINCAPORF. Burberry. Main Shop: 435 Ouhard Road. »0242/4S/44. Wuma Airia. Singapore 0923. Tel 733 7113. 391 Orchard Road. iOHO Takashimava Shopping Owe. Singapore 0923 Tel 735 1283. Burberry* Shop-ln-Shop DAIMARU DR Orchard ISETAN Orchard MEVS167 words
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Page 22 Advertisements
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Advertisement229 1994-04-30 22 w&m^m BUSINESS TIMES/SUNVIG PRODUCTIONS JOINT PROMOTION I The Gambler' in concert! I MAY 15,1994* BPM •SINGAPORE INDOOR STADIUM v|l 9 pairs of $120 tickets and 18 pairs of $100 tickets jfl I|| to his concert must be won! I a hard act to follow. Kenny Rogers, voted I "Favourite Singer229 words
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Advertisement23 1994-04-30 22 STRAIGHT TALK You shouldn't have to read between the lines to get the full picture. Companies Markets. Everyday. SINGAPORE Business Times KNOW ASIA23 words
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Page 22 Miscellaneous
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Miscellaneous67 1994-04-30 22 'iigkJWjrfcPVMEN rry caR ts ciArnfeP, sorting i nccdp]^_ JuPir pTlousv ooTttn MftyfeVfeK.-my \f ft SRteS BRe DOU»H KfJD IVf I 1 Got td Fpcc-ti-ie naep> nnanAGec IN 1 XIN IF.VIE. nwtres... y C ASSOCIATED WWV«KM LTD. IM2-IM4 9177 POONESBURY GARRY TRUDEAU I HAP NO IPSA THAT H BUTT! HAP FUN67 words
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Page 23 Advertisements
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Advertisement19 1994-04-30 23 PORT SHOTS The latest in sea, air and land transportation. V 1 r■ 1 W Business Times II Wf.KMMASH19 words
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Page 24 Advertisements
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Advertisement17 1994-04-30 24 The difference ,§OO between 5 CTj just printing a brochure and producing A GOOD X ONE "lfS|17 words
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Page 27 Advertisements
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Advertisement21 1994-04-30 27 Spotlights: DBS Land, Hwa Hong ROAD TO RICHES MT Riding Malaysia's K infra st :r V"*' v.- '7 GET IT NOW21 words
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Page 28 Advertisements
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Advertisement14 1994-04-30 28 ADVERTISEMENT GOLFING TIPS By R Fu, f a Dip m Nothing Shocks A Zodiac14 words
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Page 30 Advertisements
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Advertisement99 1994-04-30 30 t .J)' wst t'i s «i -JAw,.- J mam Our Advertisement Sales Service counter at Times House, Kim Seng Road has been relocated. Come to our Advertisement Sales Service Centres at: #01-32/33 Specialists' Shopping Centre (former Singapore Post Office Branch) Tel: 731-5977 or 82 Genting Lane, News Centre Tel: 740-212099 words
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Advertisement86 1994-04-30 30 a Tfca&BULOUS TTHI T fret A Easy H<?* se vis I W (Frsl2o nett) (f r Karaoke in one of our 1 8 riverside theme rooms and party away with our fabulously-priced packages! JS2 H**Uek Sufpert 03lt TrL *****22 Fmx: *****J4 Any Job. Any Career. Available Any Day. Any Time.86 words
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Page 31 Advertisements
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Advertisement660 1994-04-30 31 Nothing Beats A ButLfti^fl or ■—w^r* fit Cofe Carousel KS'tß JSafe, fh 200 Orchard Boulevard BQSQBgBQfI Singapore 1024 Tel :737 2911 FRESH .PASTA K>AI LY. W From Pasta Frosea. Ttw only restaurant to moko its own specialty pasta. Fresh, everyday. Savour perfect pizza, great y gekrH and terrific tiromisu. All660 words
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Advertisement327 1994-04-30 31 WHERE TO WINE, DINE AND ENTERTAIN Our weekend high tea is so satisfying, people sometimes break into song. Choose from a sumptuous variety of savoury and sweet favourites. And if that's not enough, our high tea special also includes karaoke at Singsation. #1 j Jj Hi-Tea *$11-50 (adult) 8.00 (child)327 words
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Advertisement296 1994-04-30 31 mjj-= =^51 fancy (Beijing? 7hen, we're delighted to suggest the "Pine Court for a memorable dining experience. Our lunch menu offers a variety of dian fin 'Beijing dumplings, a selection Vj of set menus, and Heijing specialities such as Heijing "Ducklafgd Tench and BgMWT; Marinated Lamb. Jancy some now? RBTURAVT296 words
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Page 32 Miscellaneous
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Miscellaneous2416 1994-04-30 32 TODAY'S TV ■■rnimH 6.00 The Miriam stoppam 1 11 l Y s^L c l!f b<vl) Health i Beauty Show. 1-00 BBC World News. Great Vegetarian Dishes. 2.00 Drama Pilihan (M). Crack In The Mirror, 2pm, SBC 5 Today In France, 7pm, SBC 12 7.00 Today in France (See Our 3.002,416 words
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