The Business Times, 29 October 1994

Microfilm: NL19583
Total Pages: 32
1 32 The Business Times
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  • Title Section
    Masthead
    17 1 SINGAPORE Business Times M KSOW ASIA MIT A (P) 010/12/93 Weekend Edition. October 29-30 1994 75 c
    17 words
  • Article, Illustration
    Lock icon Alan Yeo retires from all executive functions of YHS
    645 1  -  By Genevieve Cua SINGAPORE Yeo Hiap Seng chairman Alan Yeo yesterday said he was retiring from all executive functions in the food and beverage group, marking the passing of an era marred towards the end by family squabbles and bitterness. Mr
    Photo by Chris Loh  -  645 words
  • Article
    MARKET SUMMARY
    164 1 Stock market indices Friday Change STII 2,362.46 +5.77 KLSEComp 1,113.04 +11.30 Nikkei 19,805.16 +8.80 Hang Seng 9,379.47 +74.89 SET Index 1,506.12 +4.39 Jakarta Comp 516.41 -1.44 CLSA China B ....1,155.84 +1.58 Aust All Ord 2,020.9 -11.3 FTSE 100 3,083.8 +54.2 Friday Pre»ious 2pm EDT close Dow Jones 3,926.96
    164 words
  • Article
    Anwar unveils balanced and sweetened budget
    875 1  -  From Ho Kay Tat in KUALA LUMPUR FINANCE Minister Anwar Ibrahim yesterday unveiled a government budget that was balanced and yet generous to ordinary Malaysians. Import duties on 2,600 items were slashed and personal income tax was reduced. A one-month bonus was also given
    875 words
  • Article
    Budget gives a fillip to two market sectors
    495 1  -  From William Chia in KUALA LUMPUR THE 1995 Malaysian budget was generally seen as a nonevent for the Kuala Lumpur stock market, with the exception of the life insurance and property sectors. A senior analyst at Zalik Securities said the only major
    495 words
  • Article
    Lock icon US economy grows 3.4%, Dow soars 51 points
    216 1 Bloomberg Business News Reuter NEW YORK Wall Street stocks rallied sharply yesterday after the government said the economy expanded at a faster-than-expected rate in the third quarter, unaccompanied by stronger inflation. The gross domestic product (GDP) report showed an annual growth rate
    Bloomberg Business News; Reuter  -  216 words
  • Page 1 Advertisements
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      Page 1 Advertisements Column 1
      11 1 Tresors 1994: el i Participants pretty upbeat jf flH Hr /> A|
      11 words
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      Page 1 Advertisements Column 2
      35 1 Stock Watch: el Chevalier IPO Economy expected to grow 8.5% next year, Manufacturing, construction and services will be chief growth sectors; other budget reports, Pg 3 Nothing in budget to justify higher share prices, ELS
      35 words
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      Page 1 Advertisements Column 3
      44 1 Mock Lock Siew: Pg 6 mfenaga: No more double-digit profit growth Quite simply the Royal Oak. m Audemars Piguet The master watchmakers. Regional Agent: AUDEMARS PIGUET SINGAPORE PRIVATE LIMITED 250 North Bridge Road #15-03 Raffles City Tower Singapore 0617 Tel: *****13/*****53 Fax: *****01 hi
      44 words
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      Page 1 Advertisements Column 4
      19 1 Asia's Corporate Giants: el 3 5M Perfect example of Singapore Inc 1 lllfiill 8« *****1"3011G2 Full report, Pg 4
      19 words
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  • SINGAPORE NEWS
    • Article
      More private flats for Braddell and Serangoon
      388 2  -  By Abdul Hadhi THE private housing mix in the Braddell and Serangoon area will change, with more flats in relation to landed property. Releasing potential supply figures for the area yesterday, the Urban Redevelopment Authority said 1,705 new units were in the pipeline
      388 words
    • Article, Illustration
      Lock icon US$ 10m Van Gogh at Tresors
      92 2 AFP IT MAY NOT be as stunning as Sunflowers or Irises. But this Van Gogh painting, brought in by New York gallery owner Sarina Tang commands a price tag of US$lO million (5514.7 million). Ms Tang is one of several foreign art dealers and
      AFP  -  92 words
    • Article
      AMD to plough US$ 100m into Asian facilities
      368 2  -  By Joseph Rajendran US chip maker Advanced Micro Devices (AMD) plans to invest US$lOO million (SSI47 million) in its facilities in Singapore, Penang and Bangkok over the next three years. Don Brettner, vice-presi-dent of the AMD's manufacturing services division, said yesterday the
      368 words
    • Article, Illustration
      Singapore and Britain forge new business partnership
      377 2  -  By Ven Sreenivasan A NEW Singapore British Business Council will facilitate joint exploration of business opportunities by companies from the two countries. Envisaged as a way to boost already strong business ties, the council was officially launched yesterday with a signing of a
      377 words
    • Article
      Global exhibitions monitor gives thumbs up to 2 S'pore trade shows
      377 2 SINGAPORE'S status as a regional hub for conferences and exhibitions received a boost yesterday when Parisbased Union des Foires Inter- national gave its stamp of approval to two trade shows .planned here in the next two years. UFI also
      377 words
    • Article
      Call for tripartite panels to tackle labour shortage
      170 2 THREE-WAY committees involving the government, employers and workers' committees should be formed to tackle the labour shortage, the Singapore Institute of Human Resource Management said last night. "We suggest that tripartite industry committees be set up to look into the specific options
      170 words
    • Article
      Civil Service wives get new option on medical claims
      162 2 CIVIL SERVICE wives whose husbands also work in the public sector can now claim medical benefits in their own right, or as dependents, the Television Corporation of Singapore reported last night. A news report said the rule, announced in a Public
      162 words
    • Article
      Hot-shot golfers put Malayan Motors in a hole
      233 2  -  By Arthur Lee THEY say lightning never strikes the same place twice. But for Malayan Motors it has done just that golfers this year and last year have won Jaguar cars sponsored by the company for holes-in-one at local tournaments. Last year,
      233 words
    • Article
      ICS launches 'affordable' private health-care plan
      197 2 THE Insurance Corporation of Singapore yesterday launched a plan to help companies hold down medical costs while offering employees private hospital treatment. The plan, called PreferredCare, was developed and underwritten by ICS with Gleneagles Hospital. It is a group scheme that offers hospital and
      197 words
  • Page 2 Miscellaneous
    • Miscellaneous
      Page 2 Miscellaneous Column 1
      431 2 I WIATHtR I Sl—Hi Mazy Showers over several areas in the late morning and afternoon. (Temperature 25-32) M*r.dfc M/u- <** C*. SES"- Auc*and 17/11 S3S,'ZZZZZ___ 30/22 Ban** f/2* OouOy M£"s Ti<n Cloud, Houston 23/09 Cloud, £21 ■sU:'Z'.r.: 12/06 aou* 25/10 Bomb* »/2« F^,, < iM.r 10/04 Cloudy Los Argetes 22/14
      431 words
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  • THE REGION
    • Article, Illustration
      Lock icon Economy expected to grow 8.5% next year
      810 3  -  Malaysia's 1994-95 Economic Report/Budget '95 Reports from Ho Kay Tat Wiliam Chia in KUALA LUMPUR THE Malaysian economy will run at full throttle again next year and expand by 8.5 per cent despite the fiscal restraint shown in the government's 1995 budget. A
      Reuter  -  810 words
    • Article
      Deficit to worsen to M$ l2.4b
      293 3 KUALA LUMPUR Repatriation of profits by foreign investors will further deteriorate the services balance and send Malaysia's current account deficit soaring to M 512.4 billion (557.14 billion) in 1995 from M 511.6 billion this year. The deficit stood at M 56.35 billion in 1993.
      293 words
    • Article
      Making KL a hub for multinationals
      367 3 KUALA LUMPUR Malaysia is stepping up efforts to make Kuala Lumpur a regional centre for Operational Headquarters (OHQ) of multinationals by announcing sweeping new incentives, including allowing local-owned companies to set up OHQs. An OHQ is traditionally a foreign firm which operates in Malaysia
      367 words
    • Article
      Three sectors will be next year's star performers
      476 3 KUALA LUMPUR The main stimulus for Malaysia's expected growth rate of 8.5 per cent next year will come from the manufacturing, construction and services sectors. The 1994/1995 Economic Report said the manufacturing sector will be one of the leading growth sectors of
      476 words
    • Article
      97% jump in funds raised from capital market
      377 3 KUALA LUMPUR The Malaysian capital market managed a 97.2 per cent jump in net funds raised to M$ 12.4 billion (557.14 billion) in the first eight months of 1994, up from M 56.3 billion previously. The increase is significant given that the
      377 words
    • Article
      Thai central bank keeping close watch on inflation as prices creep upwards
      398 3  -  From Loh Hui Yin in BANGKOK WITH inflation edging up to 5 per cent from the original 4.2 per cent forecast for this year, Thailand's central bank is keeping close tabs on it. While Bandid Nijathaworn, deputy director
      398 words
    • Article
      Thai foreign minister, wife are worth 60b baht
      307 3  -  From Loh Hui Yin in BANGKOK THAILAND'S new foreign minister Thaksin Shinawatra and his wife are worth 60 billion baht (553.5 billion), placing them among the richest couples in the country. Their fabulous wealth was revealed by Dr Thaksin himself, who said
      307 words
    • Article
      S'pore can help HK as gateway to south: Wong
      241 3  -  From Lim Soon Neo in HONGKONG SINGAPORE can help Hongkong expand its business dealings with the South and South-east Asian region. Minister for Home Affairs Wong Kan Seng said last night. Speaking at the opening ceremony of the three-day "Singapore Festival"
      241 words
  • Page 3 Advertisements
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      Page 3 Advertisements Column 1
      12 3 PLAY SMART Be part of the good life. Lifestyle. Everyday. Business Times
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      Page 3 Advertisements Column 2
      63 3 .[^AUCTION FRIDAY 18th NOVEMBER, 3pm. at HILTON HOTEL, EDMONTON ALBERTA CANADA 14 SITES 43 BUILDINGS 1,570 UNITS! SUITABLE FOR SMALL OR LARGE INVESTOR! LOWER THAN CURRENT INTEREST RATE MORTGAGES IN PLACE. MANAGEMENT SHARING OPTIONS. LOW RISE CONDOS TOWNHOUSES APARTMENTS BUY AS PACKAGE OR INDIVIDUALLY WIN AUCTIONEERS, CANADA MLADEN KARABOGDAN DAVID
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  • REGION/WORLD
    • NOTEBOOK
      • Article
        Lock icon Aussie, S'pore firms sign India oil deal
        68 4 Reuter NEW DELHI Australia's Command Petroleum and Singa-pore-based Ravva Oil signed a deal with the Indian government to develop a medium-sized oilfield in southern India s KrishnaGodavari river basin. An Indian Petroleum and Natural Gas Ministry statement said India's state-owned Oil and Natural
        Reuter  -  68 words
      • Article
        Lock icon Cambodian MPs accept prince's notice
        55 4 AFP PHNOM PENH Cambodia's parliament voted yesterday to accept the resignation of Foreign Minister Prince Norodom Sirivudh, who quit in protest at the sacking of Finance Minister Sani Rainsy. In a secret ballot of 102 MPs, 88 voted in favour of the resignation, nine opposed
        AFP  -  55 words
      • Article
        Lock icon Little headway at Spratly talks
        72 4 Reuter JAKARTA Informal talks on the disputed Spratly islands ended yesterday with a handful of agreements on technical cooperation but little movement on setting up a more permanent framework to resolve the issue. The workshop's concluding statement said that the majority of the participants called
        Reuter  -  72 words
      • Article
        Lock icon Asaari, five Arqam members freed
        51 4 Bernama KUALA LUMPUR A 1 Arqam leader Asaari Mohamad and five of his followers were released yesterday from detention under the Internal Security Act with conditions. Their residence is restricted to Kuala Lumpur and Selangor, Bukit Aman federal police public relations chief Supt Ramly Mohamad
        Bernama  -  51 words
      • Article
        Lock icon Plague costs India US$ lb in exports
        63 4 AFP NEW DELHI The plague outbreak in India last month caused at least US$l billion (551.47 billion) in export losses, Commerce Minister Pranab Mukherjee said yesterday. "The two to three weeks of plague are expected to have cost at least US$l billion considering
        AFP  -  63 words
      • Article
        Lock icon North-east China flourishing
        62 4 Reuter SHANGHAI China's industrial north-east is flourishing despite Beijing's credit clampdown, and while state factories are shedding workers there are few signs of social unrest, a Jardine Fleming report said. Jardine's research report said the resilience of the state-dominated economies of Liaoning, Jilin and Heilongjiang provinces, despite
        Reuter  -  62 words
    • Article
      Lock icon HK stock exchange members elect mostly Chinese council
      345 4 Reuter HONGKONG Members of the Stock Exchange of Hongkong yesterday elected a mostly Chinese line-up to the exchange's council, whose term of office will straddle the 1997 handover of sovereignty to China. First on the list was Tony Fung, dealing director of
      Reuter  -  345 words
    • Article
      Clash of civilisations marks post-Cold War era: don
      692 4  -  The 1994 Pacßim Forum Reports from Catherine Ong in BEIJING A "CLASH of civilisations" will replace the distinction between communism and liberal democracy as the major dividing line between states in the post-Cold War era and East Asia is where that clash
      692 words
    • Article
      S'pore paves way for foreign funds in developing nations: Yeo
      290 4 BEIJING Singapore is not "colonising" but facilitating the entry of international investors into developing countries when it embarks on industrial and tourism projects in these countries, said Philip Yeo, chairman of the Economic Development Board. In response to a question
      290 words
    • Article
      Lock icon US consumers fuel GDP growth, but inflation's under control
      664 4 Bloomberg Business News AP WASHINGTON Fuelled by strong consumer spending, the US economy grew at a better-than-expected 3.4 per cent annual rate in the third quarter, Commerce Department figures showed yesterday. Inflation, however, remained under control. "The bottom line is, it's
      Bloomberg Business News; AP  -  664 words
    • Article, Illustration
      Lock icon Golden in-vestment
      49 4 AFP BANGKOK A clerk arranging a 3.5 kilogram gold knit vest worth 2 million baht (Ssl 18,400) displayed at a shopping centre in Bangkok yesterday. The vest was made by a gold shop over a period of seven months. Thailand imports 100,000 kg of gold annually. AFP
      AFP  -  49 words
    • Article
      S Korea's oil output plan worrying for Singapore: SPC chief
      412 4  -  From Al Labita in MANILA SOUTH KOREA'S plan to produce and export surplus oil-based products is a "worrying factor" for Singapore's petroleum business, the chairman of Singapore Petroleum Company (SPC) said yesterday. Tan Boon Teik was speaking at the 20th
      412 words
    • Article
      Lock icon One in two China state enterprises loses money: official
      323 4 AP BEIJING About 45 per cent of China's state-owned enterprises are losing money, and about one-fifth of their workers are not needed, a senior official said yesterday. More of the money-losers would be allowed to go bankrupt, but first the government
      AP  -  323 words
    • Article
      Lock icon Japan recovery hopes still intact despite dip in output
      419 4 Reuter TOKYO Hopes for Japan's economic recovery remain intact despite a dip in industrial production and an unemployment rate stuck near record high levels, economists said yesterday. The Ministry of International Trade and Industry (Miti) said yesterday that September's industrial production
      Reuter  -  419 words
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  • THE WORLD
    • Article
      Lock icon Bundesbank says next rate move could go either way
      435 5 Reuter FRANKFURT Bundesbank board member Helmut Schieber said yesterday that the German central bank was sticking with its steady-hand policy on interest rates for the moment but the longer-term future direction of rates was an open question. He told a banking
      Reuter  -  435 words
    • Article
      Lock icon EC hands Japan list of trade reforms, attacks US for brash style
      374 5 Reuter BRUSSELS The European Commission yesterday presented Japan with a 15-page shopping list of desired trade reforms, and took a sideswipe at America's hardline method of doing business with Tokyo. The ECs top Japan official, John Richardson, said
      Reuter  -  374 words
    • Article
      Lock icon Floods set to cost insurers US$ 700m
      81 5 Bloomberg Business News HOUSTON Insured losses from the flooding that devastated south-east Texas could exceed US$7OO million (Sslo3 million), Texas Insurance Commissioner J Robert Hunter said on Wednesday. Mr Hunter based the figure on a rough estimate of 35,000 insurance claims of US$2O,OOO
      Bloomberg Business News  -  81 words
    • Article
      Lock icon Four in 10 Belgians evade taxes
      70 5 Reuter BRUSSELS In Belgium, where tax evasion has been described as a national sport, a survey released yesterday said 44 per cent of Belgians have cheated on their taxes. The study by a Belgian university said that tax evasion cost the Belgian state between
      Reuter  -  70 words
    • Article, Illustration
      Lock icon Bottoms up
      78 5 AFP LANGENHAGEN, Germany Yoko Ono, widow of ex-Beatle John Lennon, posing with a giant poster of a bottom after she inundated this suburb of Hanover with 70,000 copies of the same photograph of a naked human posterior on Wednesday. The photograph is being displayed on billboards, and printed
      AFP  -  78 words
    • Article
      Lock icon Financial rand system necessary
      58 5 Reuter JOHANNESBURG South Africa cannot now abolish the financial rand system without exposing itself as "a sitting duck" for currency speculators. Reserve Bank governor Chris Stals said. The bank attached high priority to removing exchange controls applicable to non-residents, that is the financial rand system, he
      Reuter  -  58 words
    • Article
      Lock icon Russian parliament calls for shake-up
      95 5 AFP MOSCOW The Russian Duma passed a resolution yesterday condemning the record of Russian Prime Minister Viktor Chernomyrdin's government and calling for a cabinet shake-up. The resolution stated that the "policy of the government did not correspond to the wishes of the majority of the
      AFP  -  95 words
    • Article
      Lock icon Deutsche Bank to concentrate investment banking in UK
      320 5 Reuter FRANKFURT Deutsche Bank AG, Germany's largest bank, said yesterday that it plans to concentrate all its investment banking business in London. Under the plan, Deutsche Bank would integrate its own investment banking business with the activities of its London-based UK investment
      Reuter  -  320 words
    • Article, Illustration
      Lock icon Silence of the whales
      91 5 Reuter FAROE ISLANDS, Denmark Villagers driving in a pod of pilot whales and slaughtering them with knives on Thursday. Their centuries-old practice is upsetting environmentalists all over the world. But the 46,000 inhabitants of the 18-island group between Norway and Iceland have no plans to stop.
      Reuter  -  91 words
    • Article
      Lock icon Court orders ex-general to pay US$ l4m for role in Timor killings
      309 5 Reuter BOSTON A US district court has ruled that a former general with the Indonesian army must pay a former New Straits Times journalist US$l4 million (5520.6 million) in damages for his role in the 1991 killings in
      Reuter  -  309 words
    • Article
      Lock icon Call for end to business funding of French parties
      357 5 Reuter PARIS A French parliament committee, in a challenge to Prime Minister Edouard Balladur. called on Thursday for an end to business funding of political parties. Two ministers have been forced to resign in the last three months over corruption inquiries
      Reuter  -  357 words
    • Article
      AIRCRAFT ARRIVALS AND DEPARTURES
      1375 5 ag m ET* nm n» Hfco PfM GA976 0010 RJ187 0100 AastartUM SQ25 0630 KL838 0001 KL837 1550 GA890 0025 NZ21 1735 NZ22 1850 SQ286 2040 SQ286 2040 SQ7295 2240 SQ7295 2240 Balrta Gf 148 0905 GF147 0500 B Sort Bmiwm Bt421 1105 SQ182 0915 SQ181
      1,375 words
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  • COMPANIES & MARKETS
    • EYE on your STOCKS
      • Article
        MARKET MOOD
        18 6 For next week's expected market sentiment, see BT Sentiment Index on EL4 (Personal Finance Investment section)
        18 words
      • Article, Illustration
        HOT STOCK
        114 6  -  Quak Hiang Whai KLI Holdings has fallen sharply from its month's high of $3.66 to $2.95. But the charts are still producing mixed signals. On the daily chart, KLI looks excellent with stochastics and RSI near zero and turning up. The daily MACD also displays limited short-term downside.
        114 words
    • Article, Illustration
      SES posts four-fold rise in earnings to $65m
      273 6  -  By R Sivanithy SINGAPORE The Stock Exchange of Singapore lifted profit four-fold to $64.8 million in the year to June 30. Its annual report, released yesterday, also reveals that operating revenue more than doubled, from $50 million to $102.44 million. This includes
      273 words
    • Article
      EML axes plan to buy Malaysian company
      205 6  -  By Quak Hiang Whai SINGAPORE Electro Magnetics (1992) has scrapped a plan to buy a troubled Malaysian video-cassette housing maker. Sesdaq-listed EML said in June that it planned to buy the assets of Malaysian firm QCD through wholly owned subsidiary Parison Industries. But
      205 words
    • Article
      Ssangyong Cement forms US$ 2.4m concrete joint venture in China
      212 6 SINGAPORE Ssangyong Cement Singapore (China) has entered into a US$2.4 million (553.5 million) joint venture with a Chinese company in Jiangsu province to make and sell ready-mixed concrete and concrete products. The company is Changshu Civil Construction in Changsu, a
      212 words
    • Article
      Creative stabilises after price slump
      158 6 SINGAPORE Creative Technology shares stabilised yesterday after slumping on Nasdaq and the local exchange the day before. The counter closed unchanged in Singapore yesterday at $20.30. It dipped 37.5 US cents to US$l4 ($20.58) on Nasdaq on heavy volume of about a million shares. This
      158 words
    • Article
      No more double-digit profit growth for Tenaga
      748 6  -  HOCK LOCK SIEW By S N Vasuki SINGAPORE Trading in Malaysian blue chip Tenaga Nasional, which is due to announce its annual results in early December, has been subdued over the past few weeks. Though analysts are betting that the utility will report
      748 words
    • Article
      Lock icon Resorts World, Renong abort Fujian expressway project
      265 6 MBT KUALA LUMPUR Resorts World Bhd and Renong Bhd have decided not to proceed with the proposed 149 km expressway linking the cities of Fuzhou and Quanzhou in China's Fujian province. In a statement yesterday. Resorts World said that the decision was based
      MBT  -  265 words
    • Article
      Distribution of Aussie shares postponed, says JC-MPH
      182 6 SINGAPORE Jack ChiaMPH said yesterday the distribution and trading of shares in its wholly owned Australian subsidiary Long Homes had been postponed due to technical reasons. It gave no details, saying only that an announcement would be made as as soon as possible.
      182 words
    • COMPANIES
      • Article
        Lock icon Bangkok Bank's 3rd qtr profit rises 31% to 4.3b baht
        361 7 Bloomberg Business News BANGKOK Bangkok Bank pic, Thailand's largest commercial bank, said yesterday its net profit for the quarter ended Sep 30 was 4.36 billion baht (***** million), an increase of 31.4 per cent from the same period last year.
        Bloomberg Business News  -  361 words
      • Article
        Lock icon Hicom to set up joint venture tyre-cord plant in M'sia
        193 7 MBT KUALA LUMPUR Hicom Holdings Bhd, through its wholly owned subsidiary Hicom Bhd, yesterday signed a memorandum of understanding (MOU) with PT Andayani Megah, an Indonesian manufacturer of tyre cord fabrics, to work towards the incorporation of a joint-venture company.
        MBT  -  193 words
      • Article
        Untitled
        1241 7 MaMfltrs' frkM Oct 29 31 Mcndaki Gr Fund 1.18 1.21 US Gr Fund 0.98 1 02" Singapore Unit Trust M The Commerce 1.73 1.83 UHSB IIIV6SX Mgl LIO The Savings Fund 1.68 1.78 Unifund 1.57 164 S'pore Prog Fund 0.66 0.70xd Unibond 1.045 1.070 S'pore Sec Fund 1.03 1 09
        1,241 words
      • Article
        Lock icon Hong Leong Prop plans bond issue worth M$ 250m
        162 7 Reuter KUALA LUMPUR Malaysia's Hong Leong Properties Bhd has proposed a MS2SO million (SSI44 million) bond issue to finance its property, hotel and resort development projects. The company's merchant bank, Arab-Malaysian Merchant Bank Bhd, said the 3.75 per cent bank guaranteed
        Reuter  -  162 words
      • Article, Illustration
        Lock icon Manila Hotel Corp to go public after choosing strategic partner
        281 7 AFP MANILA State-owned Manila Hotel Corp is to go public to raise up to 472.5 million pesos (5527.8 million) after choosing its "strategic partner" from among four short-listed international hotel chains, officials said yesterday. Manila Hotel, a Philippine landmark, plans
        AFP  -  281 words
      • Article
        Lock icon Golden Hope in Sarawak land deal
        165 7 Bernama KUALA LUMPUR Golden Hope Plantations Bhd has purchased the entire equity of Woodlake Sdn Bhd from Courtland Development Sdn Bhd for M 520.6 million (S$ 11.9 million). The company said in a statement that the main asset of Woodlake is 11,770 ha in
        Bernama  -  165 words
      • Article
        Lock icon Lay Hong debuts with 92% gain
        195 7 Bernama KUALA LUMPUR Poultry farming company Lay Hong Bhd made a strong debut on the day the 1995 National Budget was unveiled, with a 92 per cent or M 52.20 (551.26) premium over its offer price of M 52.40. Lay Hong stock opened on
        Bernama  -  195 words
      • Article
        Lock icon Autoways announces rights issue, acquires Sabah shops
        321 7 MBT Bloomberg Business News KUALA LUMPUR Autoways Holdings has announced a one-for-thrce rights issue, a special issue of shares to Bumiputra investors and the acquisition of shop lots in Sabah. The rights issue of 5.38 million new shares of M$ 1 each at
        MBT; Bloomberg Business News  -  321 words
      • Article
        Lock icon Petron nets 2.6b pesos in first nine months on higher sales
        269 7 Bloomberg Business News MANILA Leading oil refiner and marketer Petron Corp reported net profit of 2.64 billion pesos (*****.5 million) in the first nine months of this year 95 per cent of the company's net income for all of
        Bloomberg Business News  -  269 words
      • COMPANY BRIEFS
        • Article
          Takeover offer for RDC
          77 7 SINGAPORE Sembawang Industrial Pte Ltd has taken a 30 per cent stake in Resources Development Corp, triggering a general takeover offer for the company. RDC said yesterday Sembawang Industrial bought 7.5 million RDC shares from Temasek Holdings (Pte) Ltd on Thursday for $46.8 million. In a
          77 words
        • Article
          Amtek to take 25% stake in Unitech
          58 7 SINGAPORE Amtek Engineering has agreed to take a 25 per cent stake in Unitech Holding Pte Ltd, an investment holding company. Amtek will pay $2.8 million for 1.4 million new Unitech shares. Unitech has a subsidiary in Indonesia which makes plastic injection and
          58 words
        • Article
          Alliance appoints director
          37 7 SINGAPORE Alliance Technology and Development has appointed Ong Chit Chung as a director of Fort Canning Country Club Investment, a subsidiary of the company. Dr Chung is deputy group managing director of QAF Ltd.
          37 words
        • Article
          Stamford chief retires
          40 7 SINGAPORE Stamford Tyres Corp Ltd said yesterday Chua Kim Yeow, chairman of the company, retired at its fifth annual general meeting yesterday. Tay Puan Siong, a non-executive director, has been appointed chairman of the company's audit committee.
          40 words
        • Article
          Palm Spring in membership drive
          38 7 SINGAPORE Palm Spring Golf and Country Club on Batam Island launched a membership drive yesterday. The club, developed by Amcol Resort Development Pte Ltd, is offering memberships at a promotional rate of $15,000.
          38 words
      • Article
        Lock icon Diethelm expects M$ 16.5m pre-tax profit for current year
        264 7 Bernama KUALA LUMPUR Trading entity Diethelm Holdings (M) Bhd, en route to a listing on the main board of the Kuala Lumpur Stock Exchange, has projected a group pre-tax profit of M 516.5 million (559.4 million) for the year ending Dec
        Bernama  -  264 words
      • Article
        Lock icon Chinese firms told to give priority to B share market
        466 8 Reuter Bloomberg Business News SHANGHAI A senior Chinese seeurities regulator said China must stress the development of its own B share markets rather than overseas listings, the Shanghai Securities \ews reported. Ni Qingping, deputy chief of the China Securities Regulatory
        Reuter; Bloomberg Business News  -  466 words
      • Article
        Lock icon Telkom eyes listings in NY, Jakarta
        142 8 Reuter JAKARTA Indonesia's state-on ned IT Telkom plans to follow in the footsteps of PT Indosat by listing on the New York and Jakarta exchanges. "Telkom has got an approval in principle for going public by the board of commissioners and the minister of
        Reuter  -  142 words
      • Article
        Lock icon JAL first-half profit takes off on stronger passenger demand
        424 8 Reuter TOKYO A rise in international passenger demand helped Japan Airlines Co Ltd (JAL) post a larger-than-expec-ted parent current profit in the six months to Sep 30, JAL's senior executive said yesterday. "We had the first sales rise in four years
        Reuter  -  424 words
      • Article, Illustration
        Lock icon Amex in 900-year-old project
        42 8 Reuter HANOI American Express vice-chairman Jonathan Linen touring the restored Temple of Literature here yesterday. The 900-year-old temple was the site of Vietnam's first university. American Express is footing half of the L'Ss 160,000 (*****,200) restoration bill. Reuter
        Reuter  -  42 words
      • Article
        HK firm Sum Cheong spent HK$ 2.4m on failed SES listing
        325 8  -  From Lim Soon Neo in HONGKONG HONGKONG construction and engineering company Sum Cheong International spent HKS2.3B million (*****.000) on the aborted listing of a subsidiary in Singapore. The figure is recorded as an exceptional item in the group's results
        325 words
      • Article
        Lock icon China attacks Hongkong over stock futures trading
        294 8 AFP HONGKONG China yesterday blasted Hongkong for allowing trading in individual stock futures, warning that it could lead to market volatility when the British colony reverts to Chinese rule in 1997. The Wen Wei Po newspaper. China's mouthpiece, said in an editorial that
        AFP  -  294 words
      • SHIPS IN PORT
        • Article
          AT CONVENTIONAL WHARVES
          495 8 Vessel Voy No Berth Arrival Departure Vessel Voy Wo Berth Arrival Departure luronff Port H Miranda 0/24 P06 2910/1400 3010/2300 Batar hdah N155 )12 alongs* 2910/2300 Hw«tok 22/94 P04 J}"''"® 22/12 Dw Guna 10. 04/94 121 afcngsOf 29 10/2300 tohan 2 214/94 TO6 28. 0/2300 29 0,1300
          495 words
        • Article
          CONTAINER SCHEDULES
          1408 8 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Record Bookini/Balance Rslts Ship Voy No Etb/Btr Period From To From Aci Pars; 058A 29/ IMP 1A 28/1500 28/1659 28/1900 Aci jade 30/0600 IB 28/1500 2*7ito9 2* 28/1700 29/0659 29 0900 4
          1,408 words
      • Article
        Lock icon Salomon to link top execs' pay with business performance
        572 9 NYT NEW YORK Losing money on much of its operations this year, Salomon Brothers on Thursday announced a new compensation plan for next year that would sharply cut the pay of many of its highest-paid executives if business did not improve.
        NYT  -  572 words
      • Article, Illustration
        Lock icon Welcome to our bourse
        39 9 Reuter NEW YORK New York Stock Exchange chairman William Donaldson (left) congratulating Korea Power Electric president Chung Hun Rieh on the floor of the exchange. KPE's stock was listed on the NYSE on Ihursday. Reuter
        Reuter  -  39 words
      • Article
        Lock icon Shell Oil's third quarter profit up 33% on higher sales, lower costs
        402 9 Bloomberg Business News HOUSTON Shell Oil Co's third-quarter profit from operations rose 33 per cent on increased sales of refined products and chemicals and lower operating costs. Earnings after taxes and interest but before special items rose to
        Bloomberg Business News  -  402 words
      • Article
        Lock icon Productivity boosts Xerox's third-quarter earnings by 24%
        372 9 Bloomberg Business News STAMFORD, Connecticut Xerox Corp's earnings rose 24 per cent in the third quarter as the company cut costs by shedding jobs, but the company's stock fell amid investor concerns about sluggish sales. Net income rose to US$lB6 million (***** million),
        Bloomberg Business News  -  372 words
      • Article
        Lock icon Delta and UAL post double-digit gains in 3rd qtr profit
        274 9 Bloomberg Business News CHICAGO Delta Air Lines Inc and UAL Corp have joined the third-quarter profit party sweeping the US airline industry. Delta posted an 18 per cent earnings increase for its fiscal first quarter, and UAL, the parent of
        Bloomberg Business News  -  274 words
      • Article
        Lock icon North Broken Hill sees profit dipping on poor ore prices
        444 9 Bloomberg Business News MELBOURNE Diversified Australian miner North Broken Hill Peko Ltd said it expeets profit in the current year to fall below last year's record earnings, citing no prospects for improvement in the uranium market or iron ore prices.
        Bloomberg Business News  -  444 words
      • Article
        Lock icon Australia's Amcor sees profit growth, signals Asian expansion
        343 9 Bloomberg Business News SYDNEY Australian paper and packaging group Amcor Ltd yesterday pointed to a gain in profit as the group benefits from accelerating world growth. The company's after-tax profit in the three months ended Sep 30 was "ahead by a good
        Bloomberg Business News  -  343 words
      • COMPANY BRIEFS
        • Article
          Lock icon GEC sparks takeover battle for VSEL
          84 9 AFP LONDON Britain's electronics and defence giant Genera Electric Co (GEC) yesterday bid £531 million (S$ 1.274 billion for the naval shipbuilder VSEL, triggering a takeover battle witl rival British Aerospace (BAe). The GEC is seeking to torpedo previously agreed bid from BAe which
          AFP  -  84 words
        • Article
          Lock icon BIL denies talks over Air NZ
          115 9 Reuter CANBERRA Brierley Investments Ltd (BIL) said yesterday i has not held any discussions recently with Qantas Airways Lu over Qantas' 19.9 per cent holding in Air New Zealand Ltd "There's been no discussions between Brierley and Qantas or those issues," BIL chief executive
          Reuter  -  115 words
        • Article
          Lock icon News Corp's purchase gets green light
          78 9 Reuter DUESSELDORF, Germany German media regulators in tht state of North Rhine-Westphalia yesterday gave the green light ti a plan which envisages Rupert Murdoch's News Corp and Cana Plus of France taking stakes in Vox television. News Corp plan; to take a stake of
          Reuter  -  78 words
        • Article
          Lock icon Allied Signal's 3rd qtr profit up 14.5%
          78 9 AFP MORRIS TOWNSHIP, New Jersey Allied Signal, one of tht world's largest automation and engineering firms, said on Thurs day that its profit was US$lB9 million (SS27B million) for tht third quarter, up 14.5 per cent from US$l65 million for the sairu period
          AFP  -  78 words
        • Article
          Lock icon Taiwan Semiconductor's profit soars
          72 9 Bloomberg Business News HSINCHU, Taiwan Taiwan Semiconductor Manufacturing Co said its earnings soared 125 per cent during the first thret quarters of 1994, as it introduced advanced manufacturing tech nology and raised its capacity. Taiwan's largest chip maker'? profits climbed to NT$6.O4 billion (*****.2 million), or
          Bloomberg Business News  -  72 words
        • Article
          Lock icon US West says curbs on partner lifted
          100 9 Bloomberg Business News WASHINGTON US West Inc said on Thursday that a federa judge granted its partner, Time Warner Entertainment LP, per mission to design cable systems. Time Warner has been prohib ited from designing or making cable equipment since May 1993 when
          Bloomberg Business News  -  100 words
        • Article
          Lock icon 20th Century Industries chief quits
          75 9 Bloom berg Business News NEW YORK 20th Century Industries announced on Thursday that President James Curley resigned "to pursue other interests", three days after the insurer announced a U*****.4 million (*****.6 million) loss for the first three quarters. Separately, tht company said it would appeal
          Bloom berg Business News  -  75 words
      • Article
        Lock icon US govt in bid to ban BAT buying American Tobacco
        173 9 Reuter WASHINGTON The US Federal Trade Commission said on Thursday it would seek a temporary federal court order to bar the British firm BAT Industries pic from acquiring American Tobacco Co from American Brands Inc. The commission said the planned
        Reuter  -  173 words
    • FINANCE & COMMODITIES
      • Article
        Lock icon Prudential Securities admits wrongdoing
        492 10 Penalty of over USs7oom to be added to restitution fund to compensate investors misled by the firm NYT J NEW YORK After more than three years of denying that it broke the law, Prudential Securities on Thursday admitted for the first time that the firm committed
        NYT  -  492 words
      • Article
        Lock icon Bank of Montreal listed in New York, plans expansion
        205 10 Reuter TORONTO Bank of Montreal, which on Wednesday became the first Canadian bank to list in New York, expects to triple earnings from its US business by 2002 as part of a US$7OO million (551.03 billion) expansion plan. The bank's US
        Reuter  -  205 words
      • Article, Illustration
        Lock icon China says it will look to the Gulf for crude supplies
        240 10 AFP HONGKONG China is considering the Gulf region as the main supplier of its growing demand for imported crude oil instead of South-east Asia, the Xinhua news agency reported yesterday. Li Yizhong, executive vicepresident of the China Petrochemical Corp
        AFP  -  240 words
      • Article
        Lock icon Shanghai to start trading in non-ferrous futures
        167 10 Knight-Ridder SHANGHAI The Shanghai Metal Exchange will begin trading futures contracts in lead, tin, zinc and nickel from Nov 1, according to exchange officials. The decision to begin trading futures contracts for these metals was reached following requests from exchange members to increase
        Knight-Ridder  -  167 words
      • Article, Illustration
        US$/ mark near-term view cloudy
        398 10 DBS weekly currency report US$/mark: Poised for action The US$/mark showed no impetus as it range-traded between 1.4855 and 1.5034 up to Thursday. The near-term view is not clear, although we favour some upside correction, with resistance seen at 1.5075, at 1.5245 and then at
        398 words
      • Article
        Lock icon Australian derivatives market jumps 25% in value
        279 10 Bloomberg Business News SYDNEY The value of trading in Australia's derivatives market jumped 25 per cent to Asl.l trillion (Ssl.2 trillion) in the year to June 30, despite global concerns that the market is overly risky. Ken Farrow, chief executive officer of the
        Bloomberg Business News  -  279 words
      • Article
        Brent futures fall amid ample supplies
        300 10 Bloomberg ENERGY REPORT LONDON Brent futures declined, halting a four-day, 4.2 per cent rise, as rising crude supplies appeared ample to meet seasonal demand. North Sea oil output is at its highest level in six years, according to a report from Royal Bank of
        300 words
      • Article
        Lock icon Currency Reports: London
        199 10 Bloomberg Business News LONDON The dollar jumped to a two-week high against the mark and rose against other currencies after two economic reports indicated the US economy is growing steadily without generating inflation. US stocks, bonds and the dollar all rose after the Commerce Department said US
        Bloomberg Business News  -  199 words
      • Article, Illustration
        Untitled
        1214 10 IlrjJe McifhtnJ index calculated agamsi Sport's lop 14 iradinf partners Rase year: 19H5 US$/S$ forward rates Noon Oct 28 s$ Bid Ofer 1-month 1.4694 1.4706 2-month 1 4675 1 4690 3-month 1 4633 I 464« 6-month ***** 1 4600 Sourer: OCBC Source: OCBC FOREIGN CURRENCY NOTE RATES As at 9am
        1,214 words
      • Article
        Lock icon New York
        91 10 AFP NEW YORK The dollar was slightly up against the mark and the yen in quiet early trading on Wall Street yesterday after the release of strong third quarter economic growth figures. Gold was up 10 cents from its Thursday close and was selling at US$3BB.BO an ounce.
        AFP  -  91 words
    • COMMODITIES & FUTURES
      • Article
        Lock icon Nikkei futures end lower in light trade
        1125 11 SIMEX REPORT Reuter SINGAPORE Simex Nikkei stock futures were marginally lower in light pre-weekend trade. Dealers said people were reluctant to take positions ahead of yesterday's US GDP release, which is likely to set the near-term direction for the dollar/yen level. In light
        Reuter  -  1,125 words
      • Article
        Tin adds 52 sen to end at 7-month high
        675 11 COMMODITY REPORTS KL Tin Tin continued its bull run to rise 52 sen to close at a new seven-month high of MS 14.89 a kg on higher London prices. Dealers said the market is following the trend in London where prices
        675 words
      • KNIGHT-RIDDER COMMODITY SUMMARY
        • Article
          Malaysia producing less tin
          78 11 KUALA LUMPUR Malaysia's tin output is expected to fall to 5,300 tonnes in 1995 from 6,500 this year, according to the 1995 Economic Report issued yesterday. It said prolonged depressed prices and rising operating costs have led to closure of marginal mines. Depleting reserves, along with
          78 words
        • Article
          Nippon Oil sales up by 9.3 pc
          113 11 TOKYO Strong oil products demand this summer due to a record heat wave and drought in Japan has boosted Nippon Oil's Apr-Sep sales volume to 26.203 million kiloliters, up 9.3 per cent from the same period last year. However, Japan s largest oil
          113 words
        • Article
          Korea buys 500,000tns US corn
          86 11 SEOUL South Korea will buy an estimated 500,000 tonnes of US corn or more to cover for mid-January through March shipment before considering a return to the Chinese market. "The earliest we can expect Chinese offers is next March when new crops may become available
          86 words
        • Article
          S Africa sells 99,000tns of maize
          54 11 LONDON The South African Maize Board sok up to 99,000 tonnes of maize on Thursday. Omic; bought 66,000 tonnes for shipment Dec 10 to 23 a US$lll.4B (*****.80) per tonne. Hilton (Fina grain) bought 25,000 to 33.000 tonnes for shipmen Dec 13 to 23
          54 words
    • Article
      COMMODITY PRICES
      1398 11 Rubber Singapore Commodity Exchange (hitm** cloriwg at 5.30pw) RSS 1 C—tract (S cents/kg) Close Volume Open Month High Low Sett (tonnes) Interest Nov 94 196 00 196.00 195.75 100 800 Dee 192.50 192.50 ***** 175 2425 Jan 95 184.00 182.50 183.00 200 2600 Feb 184.00 182.50 183.00 200
      1,398 words
    • REGIONAL STOCK MARKETS
      • Article
        Manila
        638 12 +8.27 Share prices moved sideways in anticipation of the long holiday weekend but managed to firm at the close. The PSE Composite Index closed at 3,068.52 points, up 8.27. Turnover was 1.83 billion shares valued at 1.82 billion pesos. An analyst said she expected the market to be weak
        638 words
      • Article
        Australia
        1157 12 -11.3 A HESITANT bourse drifted lower yesterday as weak bond markets and impending US economic data sucked confidence from investors, brokers said. The All Ordinaries Index finished 11.3 points lower at 2,020.9. The All Industrials fell 15.2 to 2,841.6 and the All Resources dipped 7.8 to 1,415.1. Turnover was
        1,157 words
      • Article
        Taipei
        577 12 —10.01 Stocks staged a weak comeback in slow trading, boosted by good performances of electrical and food shares, dealers said. The 390-issue Weighted Price Index advanced 10.01 points to finish at 6,604.98. Turnover was 933 million shares worth NTS4I.7 billion. The market opened slightly higher with the index moving
        577 words
      • Article
        Seoul
        429 12 -2.13 Share prices lost ground for the second straight day in the absence of fresh incentives. The Composite Price Index shed 2.13 points to close at 1,082.58 with 47.78 million shares worth 1.11 trillion won changing hands. Falls beat rises 549 to 306, while 92 other counters ended unchanged.
        429 words
      • Article
        New Zealand
        295 12 +4.75 Shares rose for the fourth successive day as investors anticipated strong earnings from several companies due to report half-year results next week. "The market is looking forward to positive earnings from those companies and building those expectations into the prices now," said a dealer. He said there
        295 words
      • Article
        Bombay
        105 12 -38.75 Share prices failed to muster enough buying support and remained subdued on selling pressure, brokers and analysts said. "There was not enough buying support and a few institutions were seen selling in order to book last-minute profits before the private placements in a few companies come to an
        105 words
    • WORLD STOCK MARKETS
      • Article
        Untitled
        679 12 Britannia Funds Sterling C'«sh Bid OBw Mim Cap Depoul 3*6400 3* 6500 Mim Jcney <5l7.~._ AI*93 0. 1992 Mim Mu Income ****** ****** L S$ Cash Income Plus Fund 6400 10 1600 PS t Reserve Fund 5 3200 5.3300 Sterling Euro Performance .0.4592 0.493* Far Em Fund *2.7650 *2.9730 Man
        679 words
      • Article
        London
        654 12 +54.2 STOCKS rose to their highest since Oct 18 after US economic news gave evidence of strong economic growth amid controlled inflation. The FT-SE 100 Index surged 54.2 points to 3083.8, led by oil, banking and electricity stocks. "Depending on how you slice the price deflator, you get either
        654 words
      • Article
        Paris
        144 12 +47.48 French shares ended a choppy week higher and reclaimed the 1,900 territory it had given up on Oct 18, as a stable dollar and the expiry of the October futures contract lifted shares in line with other markets. The CAC-40 Index ended up 47.48 points to 1,905.69. Of
        144 words
      • Article
        Frankfurt
        150 12 +27.12 German shares ended higher but were pulled off its highs after release of the US third quarter GDP data caused Bund prices to dip. The DAX Index ended up 27.12 points at 2,040.32. Frankfurt Od a DM Aq 150 50 2 40 BASF 115 00 5 60 BMW
        150 words
      • Article
        Brussels
        110 12 14.63 Belgian shares closed higher when sentiment switched to positive after the US third quarter GDP data released showed growth without inflation. thus offsetting fears for a sell-off. 'The US data look quite positive to me... it shows the US economy is not overheating as some feared," one trader
        110 words
      • Article
        Milan
        192 12 +314 Italian shares made strides upwards as a shake-up in the banking sector attracted interest and boosted vol- umes, while gains in other bourses also helped. "The banking sector was in the limelight, that helped bring some attention to Milan," one trader said. Credito Italiano's two trillion lire bid
        192 words
      • Article
        Amsterdam
        251 12 +5.18 A late spurt fuelled by shortcovering in futures helped shares stage solid gains, as the dollar and New York stocks galloped ahead in a bear squeeze. The AEX Index closed up 5.18 points at 409.05, its second consecutive day of solid gains. The sudden climb was triggered by
        251 words
      • Article
        Stockholm
        155 12 +3.81 Swedish shares rose for a third day after a report said the US economy is growing while the inflation rate remains low. After the markets closed, however, Moody's Investors Service said it may cut its rating on Sweden's foreign currency debt. The OMX Index of 30 most traded
        155 words
      • Article
        Zurich
        251 12 +30.6 Swiss shares ended about one per cent higher in line with firmer foreign bourses which advanced in the wake of news of a weak US GDP price deflator, traders said. The gains were also seen as a technical rebound after Thursday's sharp losses when the market hit of
        251 words
      • Article
        Johannesburg
        330 12 +9 South African shares closed mildly mixed after a late pull-back on Friday in limited volumes ahead of the weekend. Dealers said the market was likely to closely track the gold price and world markets again next week. There was little interest in gold shares as the price of
        330 words
      • Article
        Toronto
        265 12 10.69 Stocks climbed early after a lower-than-expected US gross domestic product deflator stilled inflation fears. "The growth was tremendous but I think what saved people from sheer panic was the deflator." one trader said. US GDP rose 3.4 per cent in the third quarter, higher than the 2.8 per
        265 words
      • Article
        New York
        684 12 +42.39 The Dow Jones Industrial Average, which rebounded 26.92 points on Thursday, was ahead 42.39 points to 3,917.54 at I lam EDT. The NYSE Composite Index was ahead 2.31 to 257.88, while Standard Poors 500-stock Index was up 4.86 to 470.71. Advances pounded declines 1,230-524 among the 2,547
        684 words
    • Article, Illustration
      Lock icon HONGKONG
      2767 13 Bloomberg Business News HONGKONG Stocks rose for the third day as investors responded to a possible agreement on Hongkong's airport. "Hongkong is riding the positive sentiment on the airport talks," said a broker. On Thursday, Governor Chris Patten said one of three key agreements with China over financing the
      Bloomberg Business News; Source: Bridge Info  -  2,767 words
    • Article, Illustration
      Lock icon CHINA
      512 13 CLSA THE president of the Shanghai Stock Exchange caused a stir when he spoke of the bright prospects for B shares and the merging of A and B shares as a natural development. Concerns over A shares' higher premiums over the B market sent Shanghai A shares falling 3.9
      CLSA  -  512 words
    • Article, Illustration
      Lock icon TOKYO
      2450 13 Reuter TOKYO Stocks ended mixed in narrow trade, with investors cautious on uncertainty in the yen/dollar rate ahead of the weekend. Participants were also reluctant to buy as many large Japanese firms were announcing their half-year earnings results yesterday. "Although currencies didn't move much today, investors kept a low
      Reuter; Source: Bridge Info  -  2,450 words
    • Article, Illustration
      Lock icon BANGKOK
      1543 13 Reuter BANGKOK Stocks closed higher on selective buying of building materials and energy counters but investors were still cautious, waiting for a clearer picture of domestic and US inflation, brokers said. The SET Index closed 4.39 points higher at 1,506.12 on moderate 7.84 billion baht turnover. "Investors picked stocks
      Reuter; Source: Bridge Info  -  1,543 words
    • Article, Illustration
      Lock icon JAKARTA
      1093 13 Reuter JAKARTA Stocks closed mixed in moderate trading as Indosat finished lower after selling from local investors intent on cashing out before the weekend. "Trading picked up a little today but overall it was a boring week with lndosat providing the only focus," one broker said. "There was good
      Reuter; Source: Bridge Info  -  1,093 words
    • Article
      CLOB INTERNATIONAL
      2293 14 MBf Capital 5,569.000 Mm Hyd 50c 3.551.000 Promct 3,505,000 KL Industries 3,106,000 Pew Msia 2,747,000 HLeong Prop 50c 2.165,000 Satcras Res 1,988.000 Ind Oxygen Wt95 1.819.000 Mulpha Intl 50c 1,793,000 Kulim (M) Wi99 1,761.000 Faber Group 1,677,000 Tongkah Wt99 1,556,000 Renong Bhd 50c 1.555.000 MBf Capital I0.j89.920 Mm
      2,293 words
    • KUALA LUMPUR STOCK EXCHANGE
      • Article, Illustration
        Lock icon Stocks rise on expectations of Budget goodies
        4960 14 Bloomberg Business News KUALA LUMPUR The leading stock index rebounded from Thursday's twomonth low, after Finance Minister Anwar Ibrahim hinted yesterday's Federal Budget would include something for everyone. The index dropped slightly after some details of the budget were released at 4pm. The
        Bloomberg Business News; Source: Bridge Info  -  4,960 words
    • STOCK EXCHANGE OF SINGAPORE
      • Article
        Untitled
        8012 15 MAIN BO AM) Cr C» M Wl .mi i \gj Dn I «d Q—ic Dh W» VM Nit i *1 High Lw Cam pan; Sak IWO) Hick U» Seller C"w P'E W Prk INDUSTRIAL AND COMMERCIAL 1440 835 ml s AC ll» unch 65 1130 .120 1110 1120 175 4.7
        8,012 words
      • Article, Illustration
        Lock icon Stocks rise, buoyed by property gains, M'sian budget
        1898 16  -  By R Sivanithy SINGAPORE A solid overnight session in New York and a belief that stocks here were ripe for a technical rebound pushed prices higher yesterday, with property counters benefiting the most. Also helping sentiment was a firmer performance in Malaysia,
        Charts by Bridge Info; Source: Bloomberg  -  1,898 words
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      9 6 THE STRAITS TIMES CLASSIFIED PROPERTIES -YOUR PROPERTY GUIDE [CATSJ
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      Page 6 Advertisements Column 2
      206 6 NEWS VALUE Anwar unveils balanced and sweetened budget (pg i) Stock market should firm as it looks like an election is around the corner. Alan Yeo retires from all executive functions of YHS (pg 1) Share price likely to rise as some investors would reason that the new team would
      206 words
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      368 7 HANDBOOK FOR STOCK INVESTORS By Goh Khcng Choan This Handbook provides novice and seasoned investors with the essential knowledge and MMmiMffll techniques to make better decisions- in stocks UNTfTII^I investment. Investing in stocks is not like gambling, HiWfmM it is safer to invest in companies with good fundamentals than speculating
      368 words
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      178 9 Catalogue Bulletin Boards Cork Lecterns Boards Letterboards mamgKM Enclosed Open Face changea^e Letters Enclosed Pedestal Open Face Pedestal Changeable Letters g— I Letterboards Letterboards Panels Combination Boards Neo® Fluorescent Marker B— Conference Cabinets Boards 198 Cork Strips Outdoor Community Boards 19 n 9 Directory Boards Partition Hangers I Accessories Poster
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      Page 11 Advertisements Column 1
      169 11 Appointment Ads Help You Find The Right Candidate irrr%Tk #1 offshore i WYI. COMPANY SPECIALISTS I With a worldwide team of 125 multi-disciplined I professionals and a network of international I offices, OCRA provides confidential and cost I effective company formation in all the major low H tax areas including:
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      Page 11 Advertisements Column 2
      40 11 As and when the latest London/ Rotterdam prices are not available, the previous trading day's closing figures are carried instead. f STRAIGHT TALK Yoo shouldn't have to read between the fines to get the full picture. Companies St Markets. Everyday."
      40 words
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      131 13 NEW BALANCE presents the The MK9O7s offer real running shoe American Classics Collection De- ventures technology. Real runn.ng shoe supsigned to take the work out of walk- port and comfort. Just what did you inf. These elegant shoes look better "P" 1 f m COm P any ,hal the worlds
      131 words
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      164 15 NEW BALANCE presents the The MK9O7s offer real running shoe American Classics Collection De- technology. Real running shoe supsigned to take the work out of walk- P ort and comfort. Just what did you ing. These elegant shoes look better ex P cct from a company that makes when you
      164 words
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      16 16 EFFECTIVE RECRUITMENT ADVERTISING. ITS ONLY A CALL AWAY... your Appointments or Notices, call toff-free 1-800-741-1883 TK«Btr»iUTlme«
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      Page 16 Advertisements Column 2
      329 16 BUSIN^S^T^MES TOLL-FREE TEL. No. 1-800-741-1883 FAX:74I-1298 RESOURCES DEVELOPMENT CORPORATION LIMITED ("RDC") Conditional take-over by Sembawang Industrial Pte Ltd The Board of Directors of RDC wishes to inform its shareholders that on 27th October, 1994, it has received a Notice of Takeover and a Statement under Part B of the Tenth
      329 words
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      Page 16 Advertisements Column 3
      262 16 r LIQUOR LICENCE NOTICE I NOTICE IS HEREBY GIVEN that, I, Sit Juat keow I ofßlk42s,SerangoonAvel #09-231.Singapore 1955, have applied for a Retail Liquor Shop Licence in respect of premises at M/s Watson Mini I Supermarket, atßlk3-B,Guillemardßd. Singapore I 1439, and thatthis application will be considered m in Court No.
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      319 16 In The Matter of The Companies Act, Cap. 50 And In The Malter Of SARI MAS SERVICES PTE LTD [Members' Voluntary Winding-up) At an Extraordinary General Meeting of the Members of SARI MAS SERVICES PTE LTD duly convened and held at 63 Jalan Pemimpin #03-09 Pemimpin Industrial Building Singapore 2057,
      319 words
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      Page 16 Advertisements Column 5
      224 16 In The Matter of The Companies Act, Cap. 50 And In The Matter Of SARI MAS SERVICES PTE LTD (Mcmben' Voluntary Winding-up) NOTICE IS HEREBY GIVEN that the creditors of the above company, which is being voluntarily wound up, are required on or before the 30th day of November 1994
      224 words
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  • ISEAS Trends
    • Article, Illustration
      Why is Indonesia pushing for Apec liberalisation?
      1376 17  -  Suhadi Mangkusuwondo analyses the reasons for Indonesia's strong support for Apec as we come up to the Summit Meeting Suhadi Mangkusuwondo Professor Suhadi Mangkusuwondo is with the Institute of Economics and Social Research. Faculty of Economics, University of Indonesia, and is a member
      1,376 words
    • Article, Illustration
      Jakarta's foreign policy cornerstone
      1321 17  -  Asean has seven important functions for Indonesia. Dewi Fortuna Anwar examines them Dewi Fortuna Anwar Dr Dewi Fort una Anwar is Head of the Regional and International Affairs Division at the Centre for Regional and Political Affairs, The Indonesian Institute of Sciences (PPW-LIPI). SINCE its establishment
      1,321 words
    • Article, Illustration
      No smoke without fire
      1198 18  -  R Fenton looks at the reasons behind the recent haze covering Singapore and parts of Malaysia, and suggests some remedies R Fenton R Fenton is a Visiting Fellow at the Institute of Southeast Asian Studies. SINGAPOREANS need no reminder that the forests of the surrounding countries
      1,198 words
    • Article, Illustration
      Rescuing a rapidly polluted Asean
      1263 18  -  SuDachit ManoDimoke surveys the emerging pollution-control policies in the various Asean states Supachit Manopimoke Dr Supachit Manopimoke is an Assistant Professor in the Faculty of Economics, Thammasat University, Bangkok. Thailand. ECONOMIC growth in the Asean region has been dramatic, being one of the highest in
      1,263 words
    • Article, Illustration
      The banning of Al-Arqam
      1237 19  -  N S Talib sketches the background to Kuala Lumpur's banning of the Al-Arqam movement N S Talib •Dr S S Talib is a Research Fello* at the Institute of Southeast Asian Studies. THE recent banning of the controversial Al-Arqam highlights several problems besetting the Malaysian government
      1,237 words
    • Article
      Malaysia comes in focus on Nov 3
      330 19 WITH general elections looming in Malaysia and with the country having recently experienced significant social and economic developments, the Institute of Southeast Asian Studies will be holding a major one-day conference on "Trends in Malaysia" on Nov 3. This conference, open to the
      330 words
    • Article, Illustration
      Ruminating on the Taoist legacy
      1289 19  -  Alan K L Chan examines what Taoism means to modem-day society in East and South-east Asia Alan K L Chan Dr Alan K L Chan is a Senior Lecturer in the Department of Philosophy. National University of Singapore. TAOISM and Confucianism are the two great
      1,289 words
    • Article, Illustration
      Tiptoe into the future with a strong China
      1011 20  -  Gerald Segal sees an ironic future where the Western powers accommodate China but the rest of East Asia become queasy Gerald Segal Dr Gerald Segal is a Senior Fellow at the International Institute for Strategic Studies in London and Director of Britain's
      1,011 words
    • Article, Illustration
      An emerging balance of power system?
      1115 20  -  Lee Poh Ping speculates on the likelihood of a balance of power system replacing the bipolar Cold War structure in the Asia-Pacific Lee Poh Ping Dr Lee Poh Ping is a Professor in the Faculty of Economics and Administration. University of Malaya. Kuala Lumpur
      1,115 words
    • Article
      Magsaysay award winner to speak on Vietnam at ISEAS
      232 20 PROFESSOR Vo Tong Xuan, Vice Rector of Cantho University, Vietnam, will deliver a lecture on "Environmental Issues in the Development of the Mekong Delta" at the Institute of Southeast Asian Studies on Nov 22. Professor Xuan, a member of Vietnam's National
      232 words
    • Article, Illustration
      An analysis of Hanoi's reforms
      132 20 VIETNAM'S economy has been fundamentally changed by the policy reforms implemented in the 1980s to provide an environment more conducive to economic growth and social stability. The Institute of Southeast Asian Studies has just published a 76-page monograph analysing the main features of Vietnam's economic
      132 words
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      96 18 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 is governed by
      96 words
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      36 20 f My hubby can A walk in-bo -these O two jobs. q (handicap at all. Any Job* Any Career. Available any day. Any Time, anywhere. u.«»« zloeVo"L,«r t D..UT News HA«!AN 8...~ «,NC<.u J* Swi«/*|HW« IVOH
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  • Executive Lifestvle
    • Article, Illustration
      See you at the fair
      1689 21  -  Susan Tsang finds participants pretty upbeat about the Tresors art fair now on at the World Trade Centre Susan Tsang GILLES Dyan of Dyan/Coquant Galerie in Paris took part in the Tresors art fair in Singapore last October and was so pleased with the business
      1,689 words
    • STRAWS IN THE WIND
      • Article
        It's news to us
        54 21 REMEMBER that cliche from school: "North, South. East. West, friendship is the best""? A Taiwanese businessman in Batam, when introduced to a Business Times reporter, came up with this: "So you gather NEWS, huh? From all over the world? Must be since NEWS stands for North,
        54 words
      • Article
        Fare comment
        36 21 IT TAKES one to know one. A taxi driver, furious about a lorry driver cutting into his lane at a U-turn traffic junction, made this deadpan declaration to his passengers: "Must be a taxi-driver..
        36 words
      • Article
        Bettor take care
        77 21 LOTTERY fever descended on New Yorkers on Thursday. In a rare expression of common purpose, they rushed to stores throughout the state to buy US$l Lotto tickets in the hope of winning a US$6O million jackpot. However, in case anyone should get carried away, there is a
        77 words
    • OPINIONS
      • Article, Illustration
        Treat the rhino like a pig — and save it
        712 22  - Treat the rhino like a pig and save it Neville Stack proposes that conservationists consider rhino-farming to protect the endangered species Neville Stack The writer is a political commentator based in London. He writes regularly for BT. WHY ISNT the pig an endangered species? The answer is simple. Because farmers
        712 words
      • Article
        Watch the baby-boomers make waves
        607 22  -  They will be the big spenders of the next economic cycle, says Doreen Soh Doreen Soh The writer is a Sydney-based financial journalist. She contributed this article to BT. KEEP YOUR eyes on those bom just after World War 11. This so-called baby-boom generation holds
        607 words
      • Article, Illustration
        A model of patience and forgiveness
        998 22  -  Said Abdullah says warring factions the world over should follow the Mandela example Said Abdullah The writer is a BT journalist FORGIVING is hard, especially in these times of ethnic, tribal and sectarian atrocities. It is particularly hard when your arch enemies and tormentors
        998 words
      • Article
        Murdoch hasn't done much for Hindi in India
        326 22 LETTERS TO THE EDITOR WRITER Peter Lynch takes media tycoon Rupert Murdoch too seriously when he accepts Mr Murdoch's astonishing claim that Star TV's Hindi service is helping integrate India (BT, Oct 28). Since 1931, Hindi films bom in the studios of
        326 words
      • Article
        S'pore should ratify Bern Convention on copyrights
        178 22 IT RECENTLY came to my attention, through a conversation with a Singaporean lawyer well-versed in international copyright law, that Singapore is not a signatory to the Bern Convention. As a local producer of internationally distributed recorded music, television programmes and CDROM material, I
        178 words
    • CORPORATE PROFILE
      • Article, Illustration
        Nowhere near its limits
        2356 23  -  Asia's corporate giants A fortnightly series Singapore Airlines has succeeded where others with larger resources and stronger backing have failed. But can it keep the accolades coming and is there a limit to its success? Amy Balan gets the answers from SlA's top men J Y
        2,356 words
      • Article
        Management lessons from the Bhagavad Gita
        402 23 IT MAY be fashionable for corporate leaders to quote from Sun Tzu, the Chinese military thinker whose book The Art of War has become a reference not just for soldiers but also for business executives. But the chairman of Singapore Airlines prefers the Bhagavad
        402 words
      • Article
        All set for a high-octane performance
        591 23 TO ANALYSTS, SIA is not a "sexy" stock. And the chairman shares that view. "Singapore Airlines is, I agree with you, a dull stock," said JY Pillay. While recession-battered airlines like Lufthansa and even neighbouring Malaysian Airlines offer good scope for sharp share price
        591 words
    • PERSONAL FINANCE & INVESTMENT
      • BULLS' EYE
        • Article, Illustration
          BT SENTIMENT INDEX (Oct 31 – Nov 4
          50 24 BT SENTIMENT INDEX (Oct 31 Nov 4 Those polled on their views of the Singapore stock market for the week ahead: Alliance Securities, Baring Securities, Daiwa Securities, Fraser Securities, G K Goh, Morgan Grenfell, Nomura Research Institute, Ongco, Peregrine Securities, S G Warburg, Smith New Court and W 1 Carr.
          50 words
        • Article
          Buy!
          166 24 Ong Co (Oct 27) Sunright. Earnings not much lower than stated in protorma statement. Strong growth in semiconductor industry with 60 per cent rise in net earnings to $5.5 million for FY9S. Expanding capacity in local operations and in Taiwan. Zalik Securities (Oct 27) Aokam Perdana. Maiden contributions from
          166 words
        • Article
          Stag
          49 24 Phillip Securities (Oct 21) Chevalier Singapore Holdings. Offer comes when stock market is directionless. Lacklustre performance of new listings could deflate retail interest. Business operations unexciting. At 61 cents, 18.5x PER relatively high on fully-diluted basis, so price upside expected to be limited to 20x or 66 cents.
          49 words
        • Article
          Sell
          96 24 Zalik Securities (Oct 26) Red Box: Poor interim results due to lower profit margin and sales as a result of stiff competition in export market. Posted 54.7 per cent fall in pre-tax profit from M$600,000 to M$300,000 for the six months to July 31. Sales were 19 per cent
          96 words
        • Article
          What's ahead
          105 24 Mon, Oct 31. Holiday: New Zealand, Taiwan. Tue, Nov 1. US: The National Association of Purchasing Management releases October indices. Also, figures for September construction spending. Malaysia: Final day to apply for shares in Tru-Tech Holdings Bhd. Holiday: Melbourne. Wed, Nov 2. US: September leading economic indicators; September
          105 words
        • Article, Illustration
          In my opinion...
          406 24  -  Thomas Koh Assistant general manager, Investments Prudential Assurance Co Singapore (Pte) Ltd "T7 conomic growth in rH the major econo--1 J mies has largely recovered, with the exception of Japan. Inflation fears are increasingly the focus of major central banks. Interest rates worldwide have bottomed out and
          406 words
      • Article, Illustration
        Are takeovers in the air?
        950 24  -  THE WEEK By Joyce Quek THE takeover theme has taken precedence again this past week whether real or imagined is another thing. The moment news of the death of Tat Lee Bank founder Goh Tjoei Kok hit the market, the bank's share price started rising.
        950 words
      • Article, Illustration
        Lock icon Looking for a lift from regional contracts
        935 24  -  By Corinne Kerk WHETHER or not it is a case of bad timing, lift and escalator company Chevalier Singapore Holdings may have some difficulty convincing investors of its worth if analysts' lack of interest is any indication. Not only have recent initial public
        Photo by Arthur Lee  -  935 words
      • Article, Illustration
        Opportunityisnowhere
        738 24  -  Market guru Linda Bradford Raschke tells Paul Leo what it takes to be a successful trader Paul Leo HOW did you read the words above? "Opportunity is Nowhere" or "Opportunity is Now Here"? Whether you are a pessimist or an optimist, Linda Bradford Raschke's advice may help you seek
        738 words
      • Article, Illustration
        Lock icon Is a bubble economy emerging in Malaysia?
        1718 25  -  Three views on the Malaysian market Fund manager Eric Chan tells Agnes Chen why he is cautious about the Kuala Lumpur market and gives his views on how Singapore and Hongkong will fare Agnes Chen Eric chan is a Hongkong-based fund manager with
        Photo by Christopher Loh  -  1,718 words
      • Article
        Construction, financial services sectors set to boom
        552 25  -  Elaine Koh reports on the top picks of broking firm HG Asia (M) Elaine Koh Construction and financial services sectors are the ones to target in the Malaysian stock market's likely uptick through to early January, says HG Asia (M) in a recent
        552 words
      • Article, Illustration
        Lock icon Nothing in the budget to justify higher share prices
        517 25  -  Eye on the region Martin French on why shorter-term investors should clear most remaining positions Martin French The writer is the chief representative of Credit Lyonnais Securities (Malaysia) THE Malaysian budget has been exposed as more of an excuse for a
        Source: Bridge Info  -  517 words
      • Article
        Untitled
        715 25 Deposit amount 1-wfc l-mth 3-mth 6-mth Deposit amount 1-wk l-mth 3-mth 6-mth Bank of China ■■■■HMMi SIO.OOO £24,999 4.7500 5.3100 5.8100 AS £25,000 £49,000 4.8100 5.3100 5.8100 10.000 49,999.99 4 0000 5.6875 5.8125 6.0000 50 000 A Above 4 0000 5.8125 5.9375 6.1250 SIO.OOO Sfr99,999 2.8200 3.1300 3.2500 Dmk Sfrl00.000-Sfrl49.999
        715 words
    • Article, Illustration
      Confounding the intelligence
      632 26  -  By SUSAN TSANG Ctncind Reviews LEONARD is a good, quiet sort of lad from England who brings his suitcase of ironed underwear to Berlin in 1955 because he's an electronics whizz. The Innocent wanders into a project by British Intelligence, but soon finds himself working under the
      632 words
    • Article, Illustration
      Anything but a blast
      655 26 T SOUNDS like a good idea have the talian Stallion star with Sharon Stone, and ust in case they don't give off enough •parks, have bomb specialist Stallone plant :*plosions all over the shop. As The Specialist, Sly is a demolition nan, but he's a demolition
      655 words
    • Article, Illustration
      Lock icon Islands in the sun
      1467 26  -  By JOHN TAN Travd If God says that I have one more destination left to go. then let it be Tahiti again. OK, so it doesn't seem that way at first. Perhaps due to some insidious quirk of fate or maybe an ill-humoured flight scheduler, all
      Photo by John Tan  -  1,467 words
    • Article, Illustration
      Lock icon Just the place for a perfect drive
      666 26 DONT move when you see the sharks keep very still. That's a tall order for someone who has dived only three times so far and seen sharks only on TV and in the movies. When Misato San, our diving chief from Club Med
      Photos by Damien of Super Sonic Photo Service. Club Med Moorea  -  666 words
    • Article, Illustration
      Native American issues !
      716 27  - Native American issues By SHAHIRON SAHARI CD Review ROBBIE ROBERTSON AND THE RED ROAD ENSEMBLE: Music For The Native Americans Robertson, ex-songwriter and guitarist of the '70s group The Band, was a JewishCanadian who only revealed about 10 years after the group's break-up that he was also half-Mohawk. Few. if
      716 words
    • SPORTS
      • Article
        Lock icon Ozaki recovers to lead in Japan
        84 28 AFP TOJO, Japan A 10-metre eagle putt fired up Naomichi "Joe" Ozaki to a spate of birdies, pushing him to a two-stroke lead in the second round of the US$2 million Philip Morris golf tournament yesterday. Going out two strokes off the pace, Ozaki
        AFP  -  84 words
      • Article, Illustration
        Lock icon Mercedes gets into car racing
        70 28 Reuter UNTERTUERKHEIM, Germany IndyCar team owner Roger Penske (left), Mercedes-Benz CEO Helmut Werner (centre) and MacLaren Team head Ron Dennis posing in front of the Mercedes symbol yesterday. The men had just announced that next year, Mercedes would be the engine partner of Penske and
        Reuter  -  70 words
      • Article
        Lock icon Three lead at Valderrama
        106 28 AFP VALDERRAMA, Spain Sam Torrance, Peter Mitchell and Spain's Miguel Angel Jimenez all equalled the course record of 65 in the first round at Valderrama on Thursday. But none of them got as much satisfaction from their performances as Zimbabwe's Tony Johnstone, who took fourth place
        AFP  -  106 words
      • Article
        Lock icon Fifa unveils new World Cup format
        93 28 Reuter NEW YORK Fifa carved up the 1998 World Cup soccer map on Thursday, giving two extra places each to Europe, Africa and Asia/Oceania for the expanded championship. South America and the Concacaf countries ((North America and the Caribbean) were awarded the two other
        Reuter  -  93 words
      • Article
        Lock icon '94 World Cup grossed US$ 580m
        72 28 AP NEW YORK The 1994 World Cup grossed a record US$5BO million (SSBS2 million), Fifa said on Thursday, adding that it pocketed US$23O million. The largest portion of the revenue US$35O million was contributed by World Cup USA 1994, Inc, which staged the games,
        AP  -  72 words
      • Article
        Lock icon Money makes golf a game for all seasons
        683 28  -  Golf has become an endless summer and a cash pit... maybe too much of a good thing, says Larry Dorman Larry Dorman NYT SAN FRANCISCO One time, a very long time ago, the golf season actually had a beginning and an end.
        NYT  -  683 words
      • Article, Illustration
        Aussie Leaney overtakes top-ranking Asian on Asian Tour
        651 28  -  Epson Singapore Open By Shahiron Sahari SINGAPORE Australia's Stephen Leaney took the outright lead at the half-way mark of the US$4OO,OOO (S$588,000) Epson Singapore Open yesterday by virtue of a five-under-par 67 here for a two-day total of 135. Leaney, who shot
        651 words
      • Article, Illustration
        Lock icon Making a splash
        40 28 Reuter BEIJING New Zealand rally driver Possum Bourne (right) and co-driver Tony Sircombe spraying champagne from the bonnet of their Subaru in Tiananmen Square yesterday. The team won the 3,800 km Hongkong to Beijing car rally. Reuter
        Reuter  -  40 words
      • Article, Illustration
        Lock icon Houston Rockets set to retain NBA title
        565 28 AFP WASHINGTON The Houston Rockets, led by most valuable player Hakeem Olajuwon, look set to continue the National Basketball Association's recent tradition of repeat champions in the season starting on Nov 4. The Rockets, who at times last season could not help believing
        AFP  -  565 words
      • Article
        S'pore rugby team sets dubious records at Asian event
        500 28  -  By Shahiron Sahari SINGAPORE If this had been a boxing match, the referee would have called it off after one round. Singapore's national rugby team attained for itself an ignominious place in the record books with Thursday's shattering 164-13 defeat to
        500 words
      • Article, Illustration
        Cricket
        28 28 BARODA, India India b New Zealand seven wickets in a triangular series one-day match yesterday. Scores: New Zealand 269-4 in 50 overs. India 271-3 in 49.1 overs.
        28 words
      • Article, Illustration
        Golf
        154 28 SINGAPORE Epson Singapore Open 2nd id yesterday (Aust unless stated): 135 Stephen Leany 68-67 136 Robert Willis 67-69, Kyi Hla Han (Myn) 67-69 137 Michael Clayton 68-69 138 Hsieh Yu-Shu (Tai) 69-69, Wayne Grady 68-70, Shane Robinson 70-68 139 Chris Gray 69-70, David Iwasaki-Smith 71-68, Jack O'Keefc (US) 71-68.
        154 words
      • Article
        Lock icon Lowery scores hole-in-one to share first-round lead
        503 28 AP SAN FRANCISCO Sieve Lowery scored a hole-in-one on Thursday on his way to a 66 and a spot in a four-way tie for the lead in the opening round of the US$3 million (554.4 million) Tour Championship. Mark McCumber, South Africa's David
        AP  -  503 words
      • Article, Illustration
        Tennis
        205 28 STOCKHOLM US$l47 million ATP tournament 2nd id oa Thursday: Pete Sampras (US xl) b Marc Rosset (Swi xIS) forfeit; Boris Becker (Ger x 6) b Andrei Chesnokov (Rus) 6-4 6-3; Michael Stich (Ger x 3) b Jim Courier (US xl 3) 7-5 6-3; Magnus Larsson (Swe) b Wayne Ferreira
        205 words
    • TIME OFF
      • Article
        PERFORMANCES
        168 29 Where Love Abides The Practice Theatre Ensemble presents a Mandarin drama about ordinary people whose faith and love sustain each other through the various changes in their lives. Until tomorrow. 7.30pm at the Victoria Theatre, with a matinee on Oct 30 at 2.30pm. Tickets at $10. $16 and $21
        168 words
      • Article
        CONCERTS
        360 29 The Hill/Wittschinsky Guitar Duo Described as the "only British worldclass guitar duo", the pair perform music by Falla, Carulli, Mario Gangi as well as original compositions. Today, Bpm at the Jubilee Hall. Tickets at $10, $16 and $26 from Tangs and Centrepoint. There is also a workshop today at
        360 words
      • Article
        FILMS
        59 29 European Film Festival Recent Films from the European Union. Music Teacher, today, 6.30pm Germinal, today, 9.15pm Mignon Has Left, tomorrow, 6.30pm Witching Hour, tomorrow, 9.15pm. Montparnasse-Pondichery, Monday, 9.15pm Crystal Nights, Monday, 6.30pm. All screenings at Lido 2. Tickets at $6 (free seating) from Alliance Francaise, the British Council and
        59 words
      • Article, Illustration
        EXHIBITIONS
        729 29 Songs of My People Photo-documentary of the world of African-Americans as seen through the lenses of 50 acclaimed photojournalists. Until Wednesday, at the Atrium Gallery. Tresors 1994 Some of the finest pieces of art available on the world market will be on display, from Old Masters to contemporary pieces
        729 words
      • Article
        TALKS
        389 29 Basic Class: Body Stories 1 Four-session workshop on how to use one's body to teU stories, and mime techniques. Some experiences in theatre preferred but not essential. Class 2: Today. 2.30pm to 5.30pm Both classes at RELC International House. Fee: $85 for adults. $70 for students (four sessions). For
        389 words
      • Article
        MISCELLANEOUS
        146 29 Singapore Motor Show New designs from Maserati, BMW, Jaguar and Honda as well as the unveiling of the Porsche 962 Le Mans. Vorsprung durch technik, ja? Until Nov 6. 10.30 am to 9pm at the World Trade Centre Halls 1 to 3A. Entry fees: $5 (adult) $3 (children under
        146 words
      • Article
        AT THE SUBSTATION
        218 29 Hope The Necessary Stage stages a play (rated PG) about four people in such despair, they'll do anything to get out of it. Today. Bpm at the Guinness Theatre: Tickets at $12 from Tangs and Centrepoint. Alt/Tag (Old/Day) Directed by Martina Winkel and pretg, ented by Theater
        218 words
      • Article
        TICKETING
        143 29  -  Compiled by Christopher Toh Sistic outlets are at Forum The Shopping Mall, Ginza Plaza, Junction 8, Liang Court, Raffles City, Scotts, Specialists Centre, Takashimaya, Cold Storage at Jelita and World Trade Centre. Also at Victoria Concert Halt and the Singapore Indoor Stadium. Hotline: 348-5555. Ticket Charge outlets are at
        143 words
    • PEOPLE
      • Article, Illustration
        Kanematsu opens S'pore office
        211 29 KANEMATSU Semiconductor Corp of Japan recently set up Kanematsu Semiconductor Singapore and threw a cocktail party to make the news official. Held at the Shangri-La Hotel last month, the party was attended by Kanematsu executives from Japan as well as by clients and suppliers. The Singapore
        211 words
    • EPICURE
      • Article, Illustration
        African arrivals
        428 30  -  By KEVIN SULLIVAN Bon Appetit THE Carlton Hotel's Brasserie restaurant displays a Touch of Africa this week and next, courtesy of Cape Town chef Rene Peter. A selection of South African dishes will be on the menu until Nov 5. South African cooking at least the variety which
        428 words
      • Article, Illustration
        Sharks' fin interpretations
        365 30  -  By SUSAN TSANG THE PRICES of COEs may be high, but there's something we can turn to that will ease that bitter pill shark's fin. The Seafood Theatre Restaurant at the Plaza Hotel has a promotion that sees the delicacy interpreted in Thai and Hongkong styles. As
        365 words
      • Article
        Plum's goes Vietnamese
        257 30  -  By SUSAN TSANG THOSE of us who want something unusual but not totally alien can sample the familiar and yet different Vietnamese buffet on offer at Plum's. Generally, the dishes looked like your average buffet fare some curries, salads and so forth. The difference was that very
        257 words
      • Article
        How to serve it light
        732 30  -  By N K YONG Wine THERE IS no mystique about serving and using wine or, for that matter, about wine. To perpetuate or indulge in that mystique is to do a disservice to wine. A few simple guidelines are all you need to help you
        732 words
    • Article, Illustration
      CINEMA
      1045 32 Amantes. Spanish tale of a dis- L charged soldier who is engaged t to a maid. He lodges with a t steamy widow, and the inevita- 1 ble happens. Then his fiancee 5 learns about the affair. R(A). Hollywood: 7.30. Bdle Epoque. During the Span- r ish Civil War,
      1,045 words
  • Page 21 Advertisements
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      6 21 Tresors 1994 ends on Nov 2
      6 words
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      Page 21 Advertisements Column 2
      197 21 □□[lE] Q SEE-BSD E2OC k OQBB-OSQ SBQQ SINGAPORE FINANCE BY gerald genta Sfl I I h H jfwiir*.— SUCCESS CHRONOGRAPH SUCCESS A form that is strikingly simple, a totally new design that has already become a classic this ■PJBHV is the master's touch of Gerald Genta in the creation of
      197 words
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      45 22 'flflU f ■Vy > \Mf ifkM VI I JF£ jn #c S AUTUMN POEMS contemporary Chinese inks by Zhuang Shengtao 15th Oct-Bth Nov 1994 Shenn's Fine Art 8 Bukit Pasoh Rd (off Neil Rd) SO2OB Tel: 223 1233 Fax: 223 1238 10am-7pm dally (except public holidays)
      45 words
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      Page 22 Advertisements Column 2
      33 22 BT welcomes letters from you. Please address them to: The Editor, Business Times, 390 Kim Seng Rd, S'pore 0923. Letters should include your contact numbers. Appointment Ads Help You Find The Right Candidate
      33 words
  • Page 22 Miscellaneous
    • Miscellaneous
      Page 22 Miscellaneous Column 1
      25 22 limA RNO"n-te-R Boring RMOTMeR STeP tNTD OBLIVION. i DRV IN ft .r^-r PvNOTHCR mOMDRY-.. OFFICE. Ife^BjfTT 0 A" oo NWIMMM LTO IW4 9MO POONESBURY TRUDEAU
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  • Page 29 Advertisements
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      135 29 I El Primero automatic chronograph movement. N Abov# A ftryond Pl« lld I Maritime Square Rl2-HII Expo Gateway Td 277*042 Cortina Watch CantM r»« Ltd Raffles City Shopping Centre Td 33W185. «>l- 32Lncfcy'*«» T l ******4 rMu* Eaatm Watch rt«(.»d 101-1(/2>Cen<repK<ntTd ****** Jewellaryl«*««*ia« <S> rw Ud 44 Alexandra Terrace JBIBdg
      135 words
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  • Page 30 Advertisements
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      Page 30 Advertisements Column 1
      24 30 4 i i I j 4 l PLAY SMART Be part of the good life. Lifestyle. Everyday. \momhh9 rrs' Business Times WE KNOW ASIA
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      Page 30 Advertisements Column 2
      49 30 ANY JOB. Any Career. Available Any day. Any Time. Anywhere. IP *31 boas I fcepcnd to A, j"~ The Straits Times The Sunday Times Business Times The New Paper LIANHE ZAOBAO LIANHE WANBAO Shin Min Daily News Berita harian Berita Minggu Appointment Ads Help You Find The Right Candidate
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      Page 30 Advertisements Column 3
      98 30 M MM A sumptuous and delightful spread at afternoon hi tea delicacies awaits you at the Cafe Aladdin. Choose from a tempting variety fish or chicken porridge, siew mai, sotong balls, chicken wings, otak otak, pizza, fried rice and nonya kuehs, home-made pastries fresh fruits. All these and lots more,
      98 words
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  • Page 31 Advertisements
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      Page 31 Advertisements Column 1
      655 31 NuiliingßeatsAßudT nr >irm ur dEßiw* I fresh [pasta] bAI LY. W From Pasta Fresco. The only restaurant to makt It# own specialty pasta. Fresh, everyday Savour perfect pizza. Qreot mU/ gelatl and terrific Mramlsu. All topped with Italian hospitality. Potto Fr«*ca Do Sotvotoro P»« IW 30 800 l Quo*. SIOIO4I
      655 words
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      Page 31 Advertisements Column 2
      349 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. High-Tea: $12.00 (adult) '■rr 8.00 (child) x Karaoke
      349 words
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      Page 31 Advertisements Column 3
      342 31 Vutyft A Tatkaae 'D $250♦♦ 11 «rX 9 9 oflOprrsons) fjQO++ (toirthday I— Miupmum of Maximum of <Pactyje C 15persons) ffl 10 persons) $180++ 9 Hoo((a 7(TU 'Room for a song. jg a for reservations. call us at 7J4 6151 between IOJOam and >J bJOpm SJI 6JIO after sJopm. I
      342 words
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  • Page 32 Miscellaneous
    • Miscellaneous
      Page 32 Miscellaneous Column 1
      2468 32 TODAY'S TV ~A 6.00 Morning News (M). ■VaTirVII T 77TmH «22 P" 1 m.. r«H. f 9 7.00 CNN News (M). Li[|lil 8.00 Cracking the Code a 800 Sarawn Malaysia. Accidents of Creation. > -W. W.Wg qHH n^vi Divorce Wars, 2pm, CHS Front Runners, 6pm, Ch 12 845 JAf 10.00
      2,468 words