The Business Times, 18 March 1995

Microfilm: NL19815
Total Pages: 30
1 30 The Business Times
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  • Title Section
    Masthead
    14 1 Business Times WE KNOW AS MITA(P) 194/12/94 Weekend Edition. March 18-19 1995 85 C
    14 words
  • Article
    S'pore Power and Gas to be listed around mid-1996
    617 1  -  Reports by Genevieve Cua SINGAPORE Singapore Power and Gas (SPG), the entity set up last year to spearhead the regional push of the Public Utilities Board, will be listed "around mid-1996", said Trade and Industry Minister Veo Cheow Tong yesterday in
    617 words
  • Article
    Clear competition rules needed before privatisations
    262 1 SINGAPORE The government should set clear rules and policies to allow competition in the industry before privatising a public monopoly, said Trade and Industry Minister Yeo Cheow Tong yesterday. He was speaking in Parliament on the lessons gained from Singapore Telecom's flotation in 1993.
    262 words
  • Article, Illustration
    Lock icon US housing data add fillip to region's stock markets
    295 1  -  By R Sivanithy SINGAPORE Signs that US interest rates may not have to be raised later this month sent regional markets higher yesterday, with gains ranging from 1.2 per cent in Singapore to almost 4 per cent in Thailand. In Singapore,
    Source: Bridge Info  -  295 words
  • 2am LATEST
    • Article
      Lock icon Dow down 3 points
      57 1 Reuter NEW YORK Wall Street edged lower at midday yesterday following a morning of up and down trading linked to the "triple witching" expiration of stock index futures and options. The Dow Jones Industrial Average was down 3.11 points at 4,066.04 at Ipm EST, while declines
      Reuter  -  57 words
    • Article
      Lock icon OECD urged to take lead in easing rules
      63 1 Reuter LONDON European Commission vice-president Leon Brittan called yesterday for the Organisation for Economic Cooperation Development (OECD) to take the lead in the urgent task of liberalising world investment rules. A set of binding, enforceable investment rules could unleash enormous new opportunities
      Reuter  -  63 words
  • Article
    Lock icon Govt mounts plan to save Credit Lyonnais
    488 1 AFP, AP PARIS Big governmentowned French bank Credit Lyonnais suffered a net loss of about 12 billion francs (553.4 billion) in 1994, the French Economics Ministry said yesterday as it also announced a rescue plan. The ministry announced the government's second rescue plan
    AFP,; AP  -  488 words
  • Article, Illustration
    Lock icon UMBC Securities stuck with millions of Khong Guan shares
    520 1  -  From Ho Kay Tat in KUALA LUMPUR BANK-OWNED UMBC Securities Sdn Bhd is facing potential losses from exposure to millions of Khong Guan Holdings (M) Bhd shares transacted by a single trader, sources said. The dealer had bought the shares for
    Source: Bloomberg  -  520 words
  • Article
    MARKET SUMMARY
    172 1 Stock market indices Friday Change STII 2,101.83 +25.91 KLSE Comp 960.43 +16.55 Nikkei 16,251.23 -104.45 Hang Seng 8,534.71 +186.96 SET Index 1,180.62 +44.93 Jakarta Comp 426.67 -0.53 Manila Comp 2,350.91 53.61 Taipei WPI 6,594.26 +29.6 Seoul Comp 952.25 -1.91 Bombay BSE 30 closed CLSA China B 805.01 -2.31
    172 words
  • Page 1 Advertisements
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      Page 1 Advertisements Column 1
      18 1 Sailing the world: el The marathoner's challenge &.(%<,|`@~>',}$.=!@@;'-%"?}/{[{ Massive 20b baht support fund planned for Thai exchange, Fg 4
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      12 1 Property: el s Shopping for a housing loan Regional markets, Pg 14-18
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      Page 1 Advertisements Column 3
      6 1 Parliament reports, Pg 2 8 siJlllS
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      Page 1 Advertisements Column 4
      87 1 Hock Lock Siew: Pg 6 Lesson in democracy at Jakarta bourse AGM Asia's Corporate Giants: el 3 Thg r ßeiipres tion Zt ——typ EJ CORPORATE EARNINGS: Marco Polo down 23%, Pg 6 Semhawang Corp down 13%, Pg 6 Harimau up two-fold, Pg 6 S'wang Maritime down 3.5%, Pg 6 •Asiamatrix
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      Page 1 Advertisements Column 5
      44 1 I CONTENTS I New» TV Radn ai2 S pore News 2 CowpMlM Region 3.4 S poreHsia .6.7 World 4.5 Fmancd 12 Features Markets Personal Finance E14.5 Regional 14.15 Review EL6.7 World 14 Sports Peopte ELB.9 Currencies 12 Epicure El 10 Swiei Commo .12. 13
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  • SINGAPORE NEWS
    • Article, Illustration
      MPs press worker training issue but minister stands his ground
      782 2  -  In Parliament Yesterday By Chuang Peck Ming NOT satisfied with the answer they got from Finance Minister Richard Hu earlier this week. Members of Parliament have taken the issue of worker training direct to the person in charge of it
      782 words
    • Article
      Danish healthcare firm gives local office a bigger role
      247 2  -  By Michelle Low DANISH healthcare group Novo Nordisk is beefing up its regional office in Singapore in preparation for major investments in the Asia Pacific. The local sales and marketing office will oversee all the company's operations in the region, including
      247 words
    • PARLIAMENT BRIEFS
      • Article
        MTI sets up multi-agency taskforce
        106 2 THE MINIS I RY of Trade and Industry has sot up a multi-agency taskforce to kx>k into the strategic reorganisation of productivity and quality efforts currently undertaken by the National Productivity Board, the Singapore Institute of Standards and Industrial Research, and the Economic Development Board.
        106 words
      • Article
        Economic forecasts up to par
        110 2 ECONOMIC FORECASTS by the government represent the result of all available information and assessment up to that time, said Trade and Industry Minister Yeo Cheow long. In reply to a query by Chng Hee Kok (Tampines GRC) on the accuracy of the government's econometric model,
        110 words
      • Article
        Most axed workers from manufacturing
        86 2 LAST YEAR 74 per cent of retrenched workers were from the manufacturing sector, of which 69 per cent were production, transport and related employees, said Minister of State for Trade and Industry Goh Chee Wee. In reply to a query by Dr Ow Chin Hock
        86 words
      • Article
        No shortage of hotel rooms
        116 2 MINISTER for Trade and Industry Yeo Cheow fong said there was currently no shortage of hotel rooms. Additional demand for hotel rooms arising from the increase in visitor arrivals this year could be met by existing rooms and new rooms coming on stream, he said
        116 words
    • Article, Illustration
      Suntec awards $346m final phase contract
      421 2  -  By Chew Farn Chyi SUNTEC City Development yesterday awarded the 5346 million construction contract for the third and final phase of the Suntec project to a Hyundai and SsangYong consortium. The contract involves two more 45-storey office towers and a retail podium with a
      421 words
    • Article, Illustration
      IEAPE launches book on China rural entrepreneurs
      174 2 THE Institute of East Asian Political Economy (lEAPE) yesterday made its debut in the book market with China's Rural Entrepreneurs. The book carries 10 case studies of township and village enterprises (TVEs) from southern Jiangsu and eastern Shandong. The lEAPE planned to break
      174 words
    • Article
      Hearing over presidential powers opens
      684 2  -  By Ramesh Divyanathan I HB QUKS I lON of whether the president has the power to withhold his assent to any hill seeking to restrict presidential powers was heard before a three-judge tribunal yesterday. C hiet Justice Yong I'ung How and Justices of Appeal L
      684 words
    • Article
      US photomask maker to set up Singapore plant
      155 2 NASDAQ-LISTED Photronics of the US will set up its first overseas manufacturing plant in Singapore. The company, which makes photomasks, said yesterday it would lease a 20,000 sq ft building from Jurong Town Corp in Loyang for its plant facility, which would
      155 words
  • Page 2 Advertisements
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      Page 2 Advertisements Column 1
      148 2 Fine Stamps Covers of Thailand South East Asia Straits Chinese Ceramics, m South East Asia Pictures, Fine Jewellery 6a: Watches The talks will be led by fURfc- 'I specialists drawn from the fl international auction and academic worlds as well as Christie's experts. Each lecture will be illustrated en Wen
      148 words
  • Page 2 Miscellaneous
    • Miscellaneous
      Page 2 Miscellaneous Column 1
      212 2 WPATHTR Singapore: Showers over many areas in the afternoon. Temperature (24-32°) *UJ Pacific Hi/La* Cond. C«npt Hi/La* Cond Buenos Arcs 24/14 Cloudy Auckland 20/12 Cloudy Amsterdam 08/02 Showers Chicago 09,04 Cloudy Banowh 36/24 Cloudy Athens 16/06 Cloudy Honolulu 27/19 Cloudy Ben** 09/-3 Cloudy Beiwi 08 00 Cloudy Houston 23,09 Cloudy
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    • Miscellaneous
      Page 2 Miscellaneous Column 2
      167 2 CRYPTIC CROSSWORD 6 Examine college head in school sickbay (4) 9 Housing 12 Where card-carrying players look lor to European capital (6) 24 Rose catches a young salman I I I I I I 25 Mess man's best heart (4) lain aficionado (8) YESTERDAY'S SOI LITION 27 Imprison associate within
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  • THE REGION
    • Article
      Lock icon Japan quarterly growth dips, but private spending still firm
      499 3 Reuter, Bloomberg Business News TOKYO Japan's gross domestic product shrank in the last quarter of 1994 as a slip in housing spending weighed on the country's economic health. But economists have not lost hope. They were cheered by private spending, which
      Reuter,; Bloomberg Business News  -  499 words
    • Article
      Indonesia to lose at least 1.1 trillion rupiah to graft
      269 3 JAKARTA Graft and corruption during the fiscal year ending March 31 is expected to cost Indonesia at least 1.1 trillion rupiah (*****.3 million), the Jakarta Post daily quoted Deputy Attorney General Sutomo as saying yesterday. His office had uncovered 358
      269 words
    • Article
      Lock icon Laos govt takes control of Shinawatra's Lao TV programming
      320 3 Business Day BANGKOK The Laotian government has taken over control of all programming on Lao Shinawatra Telecom's television service, an official said yesterday. "The government will produce its own programmes that are suitable to Laotian culture, with absolutely no involvement from
      Business Day  -  320 words
    • Article
      Yen surge will fuel shift to East Asia: business chief
      353 3  -  By Vikram Khanna SINGAPORE The rise of the yen could lead to a new wave of investment from Japan to East Asia, the head of a 40-member Japanese business delegation visiting Singapore said yesterday. Tetsuro Kawakami, chairman of the Kansai
      353 words
    • Article, Illustration
      Lock icon Success is written in the stars
      77 3 Reuter NEW DELHI A palmist reading the hand of a woman on a New Delhi street. But the use of palmistry or astrology is not limited to every day life. Even as India liberalises its economy, many of its businessmen still use the traditions
      Reuter  -  77 words
    • NOTE BOOK
      • Article
        Lock icon Growth higher than forecast: Anwar
        88 3 Reuter KUALA LUMPUR Malaysia's cconomy in 1994 grew more than the officially forecast figure of 8.5 per cent. Deputy Prime Minister Anwar Ibrahim said. The Malaysian Business Times quoted Mr Anwar, who is also the finance minister, as saying he was told about the growth
        Reuter  -  88 words
      • Article
        Lock icon Labuan centre making good progress
        138 3 Bernama KUALA LUMPUR The development of Labuan as an international ofTshorc financial centre (IOFC) is progressing well, said Deputy Finance Minister Loke Yuen Yow yesterday. He said the growth rate of offshore companies registered in Labuan had been encouraging since Labuan was declared an lOFC
        Bernama  -  138 words
      • Article
        Lock icon Maybank raises base lending rate
        50 3 Bloomberg Business News KUALA LUMPUR Malayan Banking Bhd has raised its base lending rate to 6.8 per cent from 6.65 per cent. The change, effective today, was made in response to an increase in the overall cost of funds, the bank said. Bloomberg Business News
        Bloomberg Business News  -  50 words
      • Article
        Lock icon M'sia's 27% maritime export slice
        61 3 Bernama KUALA LUMPUR Malaysia's maritime sector accounts for some 27 per cent of the country's exports in any one year, a seminar on conservation of marine and coastal ecosystems was told yesterday. The sector had an annual production value of MS32 billion (5517.7 billion). Univcrsiti
        Bernama  -  61 words
  • Page 3 Advertisements
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      Page 3 Advertisements Column 1
      1224 3 PRECISION (Incorporated in Singapore) ANNOUNCEMENT RESULTS The unaudited results of the Group and of the Company for the financial year ended 31 December 1994 are as follows: GROUP COMPANY 1994 1993 1994 1993 WSS'OOO SS'OOO ssooo svooo Turnover 4Q 918 2?466 70 X2g? 2143Q gg 3 Investment income Other income
      1,224 words
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  • REGION/WORLD
    • Article
      Lock icon Beijing names 2 vice-premiers said to be Jiang's allies
      402 4 Bloomberg Business News AFP BEIJING China yesterday appointed two new vice-prem-iers, who pledged to bankrupt unprofitable state enterprises and make China self-sufficient in grain production. The two vice-premiers Jiang Chunyun, in charge of rural and agricultural policy, and Wu Bangguo, responsible
      Bloomberg Business News; AFP  -  402 words
    • Article
      Lock icon Thai exchange to set up 20b baht contingency fund
      382 4 Broking firms' contributions to be sought Business Day BANGKOK The Stock Exchange of Thailand plans to ask securities firms to contribute to a massive new support fund, expected to be in the region of 20 billion baht (SS 1.14 billion). Financiers
      Business Day  -  382 words
    • Article
      Lock icon China's first central bank law expected today
      267 4 Bloomberg Business News AFP BEIJING China's first central bank law will probably be passed today now that legislators have won revisions giving parliament more say over bank policies to rein in inflation, a Chinese official said. A final draft of the People's Bank
      Bloomberg Business News; AFP  -  267 words
    • Article, Illustration
      Lock icon Greenpeace protests against Siemens
      55 4 Reuter HANAU, Germany A Greenpeace activist putting up placards of nuclear bombs against a fence surrounding the Hanau plutonium processing facility of electrical engineering company Siemens yesterday. Two and a half tonnes of plutonium are stored in a bunker at the site, enough to build 250
      Reuter  -  55 words
    • Article
      Lock icon We're ready for elections: Mahathir
      155 4 AFP KUALA LUMPUR Malaysian Prime Minister Mahathir Mohamad said yesterday that his National Front coalition government was ready for elections and launched an offensive against the arch-rival Muslim fundamentalist opposition. Parti Islam Malaysia (PAS). "PAS will go all out to defame the National Front before
      AFP  -  155 words
    • Article
      Russia seeks bigger regional role, applies for Apec membership
      425 4  -  By Kevin Sullivan SINGAPORE Russia has formally applied for membership of the Asia-Pacific Economic Cooperation (Apec) forum. The application was made in a letter from Foreign Minister Andrei Kozyrev to Shojiro Imanishi. executive director of Apec's secretariat. The letter was delivered
      425 words
    • Article
      AIRCRAFT ARRIVALS AND DEPARTURES
      1501 4 City flittt ETA ETD_ City FBOrt ETA Fight ETD^ Atai Dhabi GA890 0110 HaHgrfW MI931 2045 M1932 0920 I 1 GA860 1945 Hanoi VN741 1310 SQ176 1130 Amman RJ187 0130 SQ175 1905 VN740 1410 Amsterdam KL837 1540 GA890 0815 Hatyai MI895 2300 TG408 0820 SQ324 2330
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    • Article
      Manila to bolster legal aid schemes for Filipinos overseas
      426 4  -  From Al Labita in MANILA EFFORTS are underway to shore up legal assistance schemes for Filipinos working abroad who are caught in legal wrangles in their host country. Quinciano Ataviado, a spokesman for the Department of Labour, told BT yesterday the
      426 words
    • Article
      Lock icon Financial managers take hard look at derivatives
      109 4 Reuter LONDON Highly publicised derivatives losses by companies worldwide have prompted nearly two-thirds of 100 senior financial and treasury' managers polled to conduct audits of their derivatives use. a new survey shows. The survey was conducted in the second half of 1994 by
      Reuter  -  109 words
  • Page 4 Advertisements
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      Page 4 Advertisements Column 1
      38 4 Art Exhibition By GOH KHENG YEW Blissful Realm A collection of traditional and contemporary Chinese paintings inspired by Buddhist Classics Exhibition now opens until 22 March 199S Venue: Empress Place Museum Queen's Room Time: 10am to 7pm daily
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  • THE WORLD
    • Article
      Lock icon Orange County CEO asks for a year's extension on bonds
      433 5 Bloomberg Business News Reuter NEW YORK Orange County's chief executive on Thursday asked holders of US$975 million (SS 1.375 billion) of county debt due this summer to allow the bankrupt California county to delay repaying the notes until 1996. The
      Bloomberg Business News; Reuter  -  433 words
    • Article, Illustration
      Lock icon Clinton starts drive to give small firms more breaks
      291 5 AP ARLINGTON, Virginia President Bill Clinton, trying to spike Republican drives to restrict federal regulators, moved administratively on Thursday to ease the regulation of small businesses, therapeutic drugs and medical devices. Visiting a 30-employee commercial print shop that will now have
      AP  -  291 words
    • Article
      Lock icon Mexico may axe four ministries to augment austerity drive
      256 5 Reuter MEXICO CITY Mexico's Congress has proposed scrapping four ministries to slim down government and help the country out of its economic crisis. Lawmakers added the call to scrap the ministries of energy, tourism, agrarian reform and the comptroller's office to
      Reuter  -  256 words
    • Article
      Lock icon EU members reject plan to increase marketing of investment funds
      228 5 IHT BRUSSELS A proposal to significantly increase the marketing of investment funds across the European Union has been rejected by member states who feared a loss of regulatory' and monetary control. EU officials said on Thursday. The proposal would have
      IHT  -  228 words
    • Article, Illustration
      Lock icon Let sleeping dogs lie
      55 5 Reuter BIRMINGHAM A man and his dog taking a nap on the first day of the 104 th Crufts dog show at the National Exhibition Centre here on Thursday. People travelled from all over Britain for the show, many starting the day at 4.30 am to
      Reuter  -  55 words
    • WORLD WATCH
      • Article
        Lock icon US taxpayers' money to fund bonuses
        83 5 Los Angeles Times-Washington Post WASHINGTON The Clinton administration has agreed to use US$3l million (5543.7 million) in taxpayers" money to pay a third of the US$92 million in bonuses that top officials of Martin Marietta Corp and Lockheed Corp granted themselves for staging the
        Los Angeles Times-Washington Post  -  83 words
      • Article
        Lock icon Queen Elizabeth to visit South Africa
        76 5 Reuter CAPE I OWN Queen Elizabeth will arrive in Cape Town tomorrow at the start of the first state visit by a British monarch in 48 years, following South Africa's emergence from the shadow of apartheid. The visit will also set the seal on
        Reuter  -  76 words
      • Article
        Lock icon Canada to probe possible sugar dumping
        78 5 AFP OI I AW A Canada is poised to launch an investigation into possible violations by the European Union, the United States and South Korea of anti-dumping laws concerning sugar imports, officials said on Thursday. Sources close to the government and the sugar industry
        AFP  -  78 words
      • Article
        Lock icon Iraq wins Vatican's backing
        80 5 NYT ROME In its campaign against crippling economic sanctions imposed by the United Nations. Iraq on Thursday won the support of the Vatican, which has long opposed such embargoes because of the harm they inflict on ordinary people. Tariq A/i/. the Iraqi deputy prime minister, who
        NYT  -  80 words
    • Article
      Lock icon Tietmeyer says EC needs a constitution
      296 5 Bloomberg Business News Reuter STOCKHOLM Europe needs the political unity held together by a constitution in order to make a single currency come to life. Bundesbank president Hans Tietmeyer said yesterday. "What the Community really needs is a constitution to clarify the responsibilities of
      Bloomberg Business News; Reuter  -  296 words
  • Page 5 Advertisements
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      738 5 BROUGHT. XT AUCTIONEERS VALUERS 0 O MAJOR FIVE DAY AUCTION CONSTRUCTION MATERIAL, LINE DRILL PIPE, NEW STEEL, CABLE, GENERATORS, COMPRESSORS, CONTAINERS, SITE OFFICE, FURNITURE Hr vsf yyoodside NOW OVER FIVE DAYS AUSTRALIA rn KARRHTHA. WESTERN DAY 1 3 SUPPLY BASE KARRAYHA 21st 22nd 23rd MARCH 11am Under instructions from the
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      Page 5 Advertisements Column 2
      430 5 BUSIN E S S TIMES EXECUTIVE APPOINTMENT^ :-V r K Seacorp-Schroder Capital Management Berhad We are a FUND MANAGER joint-venture fund The job entails working with our existing team to manage investment portfolios on behalf of our clients. Other duties will include assisting in nuiiyvnmir marketing the Company's services to
      430 words
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  • COMPANIES & MARKETS
    • EYE on your STOCKS
      • Article
        MARKET MOOD
        20 6 tor next »eek ex/nrted market sentiment, sec HI Sentiment Index on 1.1 4 (Personal i'iname A Investment seetion)
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      • Article, Illustration
        Lock icon HOT STOCK
        100 6 Paul Leo CASH rose 33 ccnts or 11.3 per cent to 53.26 yesterday on volume of 3.33 million units. 4 times the 10-day average of 835.1MK) shares. Further upside can be expected as technical factors are bullish. Monthly Relative Strength Index and stochastics arc below 25, indicating an
        Paul Leo  -  100 words
    • Article
      Sembawang Corp disappoints with 13% profit drop to $80m
      528 6  -  Reports by Rahita Elias SINGAPORE Sembawang Corp yesterday announced a disappointing set of figures for 1994, with group net earnings sinking 13 per cent to $79.8 million. The results were below the average expectation of analysts polled by The Estimate Directory.
      528 words
    • Article
      OUB's profit jump and founder's retirement fail to excite market
      447 6  -  By Quak Hiang Whai SINGAPORE Overseas Union Bank's two major announcements were coolly received by the stock market yesterday, with shares of the OUB stable mostly drifting sideways. Analysts, although taken by surprise, were divided on the news of the
      447 words
    • Article
      Marco Polo profit down 23% as Pare Oasis contribution drops
      292 6  -  By A J Leow SINGAPORE Marco Polo Developments yesterday reported a 23 per cent drop in net earnings in 1994. saying it booked most of the profit from its Pare Oasis development in 1993. Group profit after tax in the
      292 words
    • Article
      Brokers make the most of Jakarta bourse AGM
      840 6  -  HOCK LOCK SIEW By Maggie Ford JAKARTA When Indonesia's 200-odd brokers emerged wearily at 2am last Wednesday from their marathon annual meeting, they could have felt more like the ancients of Athens than simply the shareholders of the Jakarta Stock Exchange. For
      840 words
    • Article
      Sembawang Maritime's earnings show 3.5% drop
      352 6 SINGAPORE Sembawang Maritime Ltd. a 35 per cent associate of Sembawang Corp. saw its 1994 net earnings dip 3.5 per cent to 527 million. Its earnings per share was down 22 per cent to 29.8 cents for the year to Dec 31. 1994. The
      352 words
    • Article
      Harimau's profit up but NTA falls to $2.04
      327 6  -  By Soh Tiang Keng SINGAPORL Harimau Investments. the elosed-end fund of OCBC Bank, last night announeed a two-fold jump in group net earnings to $8.8 million for the year ended Dec 31, 1994 because of a change in accounting policy. Net earnings
      327 words
    • COMPANIES
      • COMPANY BRIEFS
        • Article
          UIC buys 51% stakes in 2 China firms
          59 8 SINGAPORE United Industrial Corporation has acquired a 51 per cent stake in each of two Fuzhou companies, through its wholly-owned subsidiary International Shandong Trade and Investment Pte Ltd. The stakes in Fujlian Sina Consumer Products Co Ltd and Fuzhou Renyu Stationary Co
          59 words
        • Article
          Hotel Negara's profit rises 12.6%
          86 8 SINGAPORE Hotel Negara yesterday reported a 12.6 per cent increase in net earnings to $143,653 for the year ended Dec 31, 1994, up from 5i27.566 previously. During the year the company sold a large portion of its quoted investments, realising a gain of 512.3 million,
          86 words
        • Article
          Higher paper prices lift Hiap Moh profit
          86 8 SINGAPORE Rising paper prices helped Hiap Moh turn in improved results for the year ended Dec 31, 1994, with group bottomline profit up 8.8 per cent to 52.66 million. Turnover for the paper products maker rose a modest 13.8 per cent to $49.94
          86 words
        • Article
          Comfort appoints three directors
          51 8 SINGAPORE Comfort Group Ltd has appointed three new directors Othman Haron Eusofe, Ong Ah Heng and Nancy Teo Geok Har. Mr Othman Haron Eusofe is a deputy secretary of NTUC, Mr Ong is a director of Comfort Transportation, and Ms Teo is a director of NTUC
          51 words
      • Article
        Sime companies team up to build executive suites
        250 8  -  By Lilian Ang SINGAPORE Sime Singapore has tied up with Malaysia's Sime UEP Properties to develop a MsB6 million (Ss47 million) serviced apartment project at Subang Jaya, Selangor. The project, called Darby Park Executive Suites, Kuala Lumpur, comprises an 18-sto-rey complex with
        250 words
      • Article
        Hotel Props arm to take 40% stake in M'sian hotel project
        349 8  -  By Agnes Wee SINGAPORE A wholly owned subsidiary of Hotel Properties Ltd has entered a joint venture to build a MS 100 million (SSSS million) busi-ness-class hotel at Shah Alam, Selangor. The subsidiary, HPL Properties (SEA), will take a
        349 words
      • Article, Illustration
        United Overseas Land signs deal for $200m credit facility
        231 8  -  By Paul Leo SINGAPORE United Overseas Land (UOL) yesterday signed a $200 million credit facility arranged by its parent United Overseas Bank. The syndicated deal a five-year revolving credit facility from 15 banks bears an interest of 75 basis points above
        231 words
      • Article
        Complex deals to transform WBL's O'Connor's Engineering aborted
        871 8  -  By Paul Leo SINGAPORE A complex reshuffling of assets involving four listed companies to transform trading-distribution firm O'Connor's Engineering and Trading (Malaysia) Bhd (OCM) has fallen through. In separate releases yesterday, both WBL Corporation and Goldtron indicated that four share purchase agreements
        871 words
      • Article
        Asiamatrix losses rise by 68%
        167 8 SINGAPORE Relocation to Senoko, keen competition from lower-cost countries and a weak US dollar dragged Asiamatrix deeper into the red for the year ended Dec 31, 1994. Net losses for the plasticfabrication and injectionmoulding company rose 68 per cent to $3.18 million. Turnover fell 23
        167 words
      • Article
        Swire Pacific profit up 19% with boost from property arm
        435 9  -  From Lim Soon Neo in HONGKONG STRONG earnings from Swire Pacific's major divisions, particularly the property sector, lifted the group's 1994 net earnings 19.4 per cent to HKSS.6 billion (551.04 billion). Net operating profit for the year ended Dec 31,
        435 words
      • Article, Illustration
        Lock icon New plant to double Toyota's UK car output
        169 9 Kyodo News Service TOKYO Toyota Motor Corp says it will more than double its British production capacity to 200.000 cars a year by building a second assembly piant there. The car maker's British subsidiary, Toyota Motor Manufacturing (UK) Ltd. will spend £200
        Kyodo News Service; AFP  -  169 words
      • Article
        Lock icon Another Allied exec censured by HK stock exchange
        275 9 Bloomberg Business News HONGKONG The Stock Exchange of Hongkong censured a second executive of Allied Group Ltd. amid government allegations of share rigging and mismanagement at the company. Tse Chu Fai, a former finance director of the Hong-kong-based investment company, breached exchange
        Bloomberg Business News  -  275 words
      • Article
        Lock icon Hysan net profit drops 29.2% to HK$1.06b
        245 9 Bloomberg Business News. Reuter HONGKONG Hysan Development Co Ltd, a leading real estate company here, says net profit fell 29.2 per cent last year. After-tax profit fell to HKSI.O6 billion (S$ 193.4 million) from HKSI.S billion a year earlier, the company said yesterday
        Bloomberg Business News.; Reuter  -  245 words
      • COMPANY BRIEFS
        • Article
          Lock icon Seoul's 5% limit on index futures swing
          68 9 Reuter SEOUL South Korea will limit the maximum permissible upward or downward price swing on stock index futures to 5 per cent a day when trading starts next year, the Korea Stock Exchange said yesterday. The bourse regulators had earlier planned to allow
          Reuter  -  68 words
        • Article
          Lock icon Optus IPO likely to be delayed
          100 9 Bloomberg Business News SYDNEY Optus Communications Pty Ltd said its initial share offering, planned for middle of the year, is likely to be delayed because of a sagging stock market and the need to get the group's pay-television services up and running first, the
          Bloomberg Business News  -  100 words
        • Article
          Lock icon Shanghai to launch big garment group
          65 9 Reuter SHANGHAI Shanghai will launch China's largest garment group today, with a total capital of 720 million yuan (SSI 19.8 million). Shanghai's Business News reported yesterday. Shanghai Garment (Group) Co Ltd will combine 14 major textile enterprises. Its production methods will include spinning and
          Reuter  -  65 words
        • Article
          Lock icon Diller denies tie-up to buy CBS
          60 9 Bloomberg Business News NEW YORK Media mogul Barry Diller hasn't teamed up with Walt Disney Co chief executive Michael Eisner to buy CBS Inc, CNBC on Thursday quoted Mr Diller as saying. Mr Diller told CNBC that the story of the partnership, which appeared
          Bloomberg Business News  -  60 words
        • Article
          Lock icon Samsung's new music player
          64 9 Bloomberg Business News SEOUL Samsung Electronics Co. South Korea's largest electronics maker, yesterday said it has developed a music player that can reproduce music stored in a giemory chip the size of a business card. Samsung said the sound quality of music from the 24-mcgabyte llash
          Bloomberg Business News  -  64 words
      • Article
        Lock icon Yizheng's 400m share sale plan has fund managers reeling
        399 9 Bloomberg Business News HONGKONG A shock plan by Chinese state-owned Yi/heng Chemical Fiber Co to sell 4(X) million more shares overseas has fund managers crying foul. Investors voted through their brokers, sending shares in the world's fifth biggest polyester producer down
        Bloomberg Business News  -  399 words
      • Article
        Lock icon Govett-Duff & Phelps merger falls through
        415 10 Govett-Duff Phelps merger falls through Fall in Govett share value changes valuation of deal NYT CHICAGO Govett Co Ltd and the DutT Phelps Corp broke oft" a US$23O million (***** million) merger agreement on Thursday that would have ereated one of the largest global investment-man-agement firms. The agreement between Govett,
        NYT  -  415 words
      • Article, Illustration
        Lock icon Rowland takes board battle to Lonrho investors
        384 10 Reuter LONDON Ousted Lonrho founder liny Rowland took his battle with German chief executive Dieter Bock directly to shareholders on Thursday, with a 16-page circular attacking Mr Bock's record, business dealings and credentials. He stoutly defended his own record, including pursuit of the
        Reuter  -  384 words
      • Article
        Lock icon Goodman to buy Dutch retailer's baking unit
        279 10 Reuter, Bloomberg Business News SYDNEY Goodman Fielder Ltd yesterday said its European subsidiary Quality Bakers Europe plans to acquire Albro, the baking interests of Dutch retailer Koninklijke Ahold NV (Royal Ahold). Albro has about As6s million (5567.6 million) in annual sales. Goodman said.
        Reuter,; Bloomberg Business News  -  279 words
      • Article
        Lock icon Nike's third-quarter sales take a big stride
        283 10 Bloomberg Business News BEAVERTON, Oregon Nike Inc said fiseal third-quarter earnings soared 51 per cent, exceeding Wall Street expectations, fuelled by strong sales increases in basketball, outdoor and women's fitness shoes. The world's largest athletic shoe company said net income rose to U5595.3
        Bloomberg Business News  -  283 words
    • SHIPS IN PORT
      • Article
        AT CONVENTIONAL WHARVES
        443 8 Vessel Voy No Berth Arrival Departure Vessel Voy No Berth Arrival Departure Jurong Port Johan Pearl 406 95 P04 17 03 1500 1703/1900 ASI 168/B 12 alongside 1803/1000 Katanantan 1 *9 95 P03 1703/1600 17 03/2300 AS! X88/B 13 alongside 18 03/1000 Imtas Pac 03/95 P04 18
        443 words
      • Article
        CONTAINER SCHEDULES
        1651 8 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Record Bookint/Balance Rslts Ship Voy No Etb/Btr Period From To From Ac. Daisy 063A 19/0900 1A 17/1500 17 1659 17/1900 3 18/0700 18/1159 18/1400 4 18/1200 18/1459 18/1700 Aci Jade 230A 19/0500
        1,651 words
    • FINANCE & COMMODITIES
      • Article
        Lock icon UK fund managers shift cash after Barings' collapse
        386 12 Reuter LONDON British fund management groups are moving cash deposits from their sister merchant banks to outside banks to avoid exposing them to risks highlighted by the collapse of Barings, bankers said. They said the move was to ensure managed funds were
        Reuter  -  386 words
      • Article
        Lock icon Japanese insurers facing tough forex decisions
        515 12 Reuter TOKYO Japanese life insurers, which are large institutional investors, are under pressure to make crucial decisions in foreign exchange trading ahead of the end of their business year on March 31, senior dealers and analysts said. The insurers will have to decide whether
        Reuter  -  515 words
      • Article, Illustration
        US$ likely to lose ground against mark
        388 12 DBS Bank weekly currency review USS/DM: to test 1.3450? US DOLLAR/Deutschemark recovered to 1.4227 the previous Friday before it settled to consolidate between 1.4008 and 1.4177 for the first two days of the week. Sellers returned to push the unit down to 1.3785
        388 words
      • Article
        Lock icon Palladium hits six-year high as demand booms
        281 12 Reuter LONDON Palladium soared on Thursday to its highest price since 1989, thanks to tight supplies and increased speculative buying, dealers said. This followed buying led by Japan to meet booming demand for palladium in electronics and for catalytic converters in the car
        Reuter  -  281 words
      • Article
        Lock icon Aussie wool price suffers biggest drop in six weeks
        172 12 Bloomberg Business News SYDNEY The benchmark Australian wool price took its biggest tumble in six weeks, amid a margin squeeze for spinners and weavers who say they cannot recoup high raw material costs on the prices they charge, analysts said. "The
        Bloomberg Business News  -  172 words
      • Article
        Circuit-board maker to borrow US$23m
        154 12 SINGAPORE Hongkonglisted Tcrmbray Industries International Holdings, through its subsidiary Kalex Cireuit Board, signed a loan agreement yesterday for USS23 million (SS32 million). The three-year loan, arranged by HSBC C apital. will he used to financc two new Kalex factories in Guangzhou and expand an existing
        154 words
      • Article
        Futures stable as Kuwaiti strike looms
        312 12 Bloomberg ENERGY REPORT LONDON Crude oil futures were little changed in London and New York amid a threat by oil workers in Kuwait to down tools today in a dispute with management. Traders are concerned a strike by 1,300 workers in the production and
        312 words
      • Article
        Lock icon New York
        98 12 AFP NLW YORK The dollar was mixed in New York yesterday, rising against the pound sterling and the Italian lire but falling against other European currencies and the Japanese ven. At 9:50 am (1450 GMT), the dollar was trading at 1.3910 German marks from 1.3970 late on Thursday
        AFP  -  98 words
      • Article
        Lock icon Currency Reports: London
        201 12 Reuter LONDON The dollar stayed on its feet despite an investor stampede to buy marks for frail European currencies, dealers said. Trading was hectic as the Italian lira went into a tailspin, the peseta and escudo suffered and sterling crashed below 2.20 marks to a new all-time
        Reuter  -  201 words
      • Article
        Lock icon China Devt Bank signs first overseas loan
        163 12 Reuter SHANGHAI China State Development Bank has signed an agreement with 16 foreign banks to get a USSSO million (5570.5 million) syndicated loan, the Shanghai Securities A'cw'.v reported yesterday. Ihis is the first overseas loan the bank has got since it was set
        Reuter  -  163 words
      • Article, Illustration
        Untitled
        1699 12 inafr-ni ifhu J nuU ak nluhil attains S /i»< /<i/> 14 troth n* pauntr\ Bd* nur MNJ USS/SS forward rates Noon /Mar 17 s$ Bid Offer 1-month I 4048 I -KK.3 2-month I -101)5 1.4020 Vmonth IJ%5 I.J980 6-month MX* 7 ***** S-vinv (Km Source: OCBC FOREIGN CURRENCY NOTE RATES
        1,699 words
    • COMMODITIES & FUTURES
      • Article
        Lock icon Euroyen firm, Eurodollars softer
        1423 13 SIMEX REPORT Reuter SINGAPORE Simex Euroyen lutures ended firmer while Eurodollars were softer. A weak Tokyo stock market and the yen's strength against the dollar gave both Euroyen and Japanese government bond futures a boost, traders said The lead December Euroyen contract continues to be boxed
        Reuter  -  1,423 words
      • Article
        Lack of leads sends tin down further
        672 13 KLTIh Kuala Lumpur Tin price here eased by a further seven sen to finish at M 513.84 yesterday despite the better sentiment on the overnight London Metal Exchange. Dealers attributed the bearish undertone on the local front to the lack of supporting leads
        672 words
      • KNIGHT-RIDDER COMMODITY SUMMARY
        • Article
          Colombia ups price for coffee growers
          84 13 BOGOTA Colombia will raise the internal coffee price paid to growers by 1.6 per cent, the Colombian National Coffee Federation has announced. The internal price is to increase to 197.000 pesos per 125-kg load from 193.875, according to a communique. The adjustment corresponds to
          84 words
        • Article
          German coffee consumption dips
          99 13 HAMBURG Coffee consumption in Germany last year fell 3.7 per cent from 1993 to 578,800 tonnes, according to the chief of the German Coffee Association. He said the main reason was the retail price rise partly caused by the Brazilian frost. German coffee prices rose an
          99 words
        • Article
          S Korea favours US grain
          65 13 SEOUL South Korea is likely to continue preferring US grain over other origins despite soaring prices of US corn, due to its more competitive freight rates, traders here say. Besides the US variety. Argentine cargoes are seen as the only alternative, trading sources say. "While
          65 words
        • Article
          Smaller demand for cotton products
          70 13 TOKYO Demand for Japan's cotton products fell 8.9 per cent in January from a year earlier to 393.000 bales, or 71.304 tonnes, the Japan Spinners' Association said yesterday. Of the total, domestic demand for cotton products totalled 379,300 bales, or 68,819 tonnes, in January, down
          70 words
    • Article
      COMMODITY PRICES
      1494 13 SICOM Futures Rubber (futures closing as at 5.30pm) RSS 1 Contract (S cents/kg) Close Volume Open Month High Low Sell (tonnes) Interest Apr 95 267.00 267.00 267.00 100 375 May 265.00 262.00 262 00 350 2450 Jun 257.00 2175 Jul/Sep 257.00 257.00 255 00 150 4650 Oct/Dcc 252.00
      1,494 words
    • REGIONAL STOCK MARKETS
      • Article
        Australia
        1033 14 12.3 WALL Street's record close overnight propelled the Australian share market to a two-and-a-half-month high here >esterday although it drifted oft" its highs in late trade. The All Ordinaries Index finished 12.3 points higher at 1.921.2 and the All Industrials Index closed 18.1 points firmer at 2,882.3, while the
        1,033 words
      • Article
        Manila
        651 14 53.61 lhe Philippine bourse continued a "significant" rally yesterday buoyed by the Dow Jones* performance, as investors eyed bargains on most issues, analysts said, pushing the index up 2.33 per cent. The PSE Composite Index chalked up 53.61 points to close at 2,350.91 points. Volume gained half a per
        651 words
      • Article
        New Zealand
        329 14 -8.91 l he New Zealand share market failed to heed the rise on the Dow and ended the day on a limp note. The top NZSE-40 Capital Index fell 8.91 points to 1.965.8. Volume was very light and interest lacking, brokers said. One broker said the market was
        329 words
      • Article
        Taipei
        573 14 +29.6 The Taipei bourse yesterday extended its upward trend for the third consecutive session, propelled by the largest winner, pulp and paper shares, which jumped 1.2 per cent, dealers said. The 423-issue Weighted Price Index put on another 29.6 points to settle at 6.594.26 points, following a 9.47-point rise
        573 words
      • Article
        Seoul
        464 14 -1.91 Share prices closed slightly lower on the Korea Stock Exchange yesterday, led by a sharp slide in construction and banking shares, brokers said. The Composite Price Index finished at 952.25 points, taking a 1.91-point dip from the previ- ous trading day following a roll-er-coaster movement. Trading volume rose
        464 words
    • WORLD STOCK MARKETS
      • Article
        Untitled
        782 14 Britannia Funds SMtling »h Bid Ofln Mim < jp Drpout l«M(l tt6M» Mim Icno (.ih 0 l*M 0I«! M.m MJ« Iik.HTO •O.MOO *09«U0 I SS ask Ijkuoh Plus Fund *1 «|0 :2«l PS S RaOTC Fund i 4JH0 3 4 X«l Slrrlinj; (quilt Fun 1 IVrftwnuiKT 0 4V#I 0 441H
        782 words
      • Article
        London
        629 14 -4.8 BLUE chips slid to a slightly lower close on currency concerns and the Dow's mixed start after trading at higher levels during most of the session, with dealers saying more gains are possible next week. The FTSE-100 Index closed down 4.8 points at 3.089.3 after rising as high
        629 words
      • Article
        Paris
        107 14 +3.07 The Paris bourse managed a small gain yesterday as the CAC-40 Index finished the day at 1.788.83 points, up 3.07 points or 0.17 per cent in comparison with the Thursday close. Paris Mar 17 Kr \u l tquiiic 752.0 70 Xk'Jlrl \njlh.»m <424 0 14 0 BNP Pjm
        107 words
      • Article
        Frankfurt
        48 14 13.18 The Frankfurt stock market rallied yesterday as the DAX Index broke back up through the 2.000-point level to finish at 2,005.24 points, up 13.18 points or 0.66 per cent from the Thursday close. Analysts said the rally was essentially technical, connected with the expiration of futures.
        48 words
      • Article
        Brussels
        219 14 +6.04 Belgian shares rose for the fifth time in six days as falling bond yields and rising profits drew investors to chemieal makers, hanks and utilities. "Company results are good, but to be honest I thought the influence on shares would be even better." said an analyst. The Bel-20
        219 words
      • Article
        Milan
        230 14 -330 Italian shares tumbled 3.4 per cent, their biggest oneday drop since Aug 12 last year, amid concern Prime Minister Lamberto Dini lacks the support to reform the country's pension system even after his victory in a confidence vote. "The slim majority on the confidence \ote showed that Dini
        230 words
      • Article
        Amsterdam
        280 14 -0.23 Dutch shares ended Hat. dabbling with negative territory as the day's gains evaporated in a last gasp move downwards after Wall Street opened weaker and worries about the dollar came back to the fore. "The only explanation for the way this market is moving is in the currency
        280 words
      • Article
        Stockholm
        128 14 -2.10 The Swedish bourse was characterised yesterday by currency fluctuations and rising bond yields. The OMX Index closed 2.1 points or 0.19 per cent down at 1.129.36. The bourse still firmed 1.2 per cent over the course of the week. Turnover was moderate at 2.301 million crowns. Initially the
        128 words
      • Article
        Zurich
        225 14 3.05 Swiss shares closed a quiet day little changed. Dealers said the market slowed down in afternoon trade after the already quiet Soffex futures and options expiry was over. But dealers were optimistic that next week should be livelier again as low interest rates and the weak dollar should
        225 words
      • Article
        Johannesburg
        359 14 +26.2 South African shares finished a slow day mixed as golds corrected lower in line with a softer bullion price and industrials edged up amid continued steady sentiment. The Overall Index, recalculated from Thursday to include almost all market capitalisation, was 26.2 points better at 5.300.1. the Industrial Index
        359 words
      • Article
        Toronto
        221 14 -0.15 Stocks were flat in lacklustre early trading with dealers expecting a quiet session after this week's strong run. The TSE-300 Composite Index eased 0.15 points to 4.225.47 on volume of 16.3 million shares valued at C 5286.00 million. Advancing issues outpaced declines 133 to 120. with 196 stocks
        221 words
      • Article
        New York
        812 14 -5.18 The Dow Jones Industrial Average, which spurted 30.78 points to a new all-time high of 4,069.15 on Thursday, was down 5.18 points to 4.063.97 at 11 am EST. The New York Stock Exchange Composite Index was off 0.31 to 267.61. while Standard Poor's 500-stock Index was down
        812 words
    • Article, Illustration
      Lock icon HONGKONG
      2865 15 Reuter HONGKONG Shares ended just below their highs as buying support held up through the day, brokers said. "We seem to be holding up," said James Osborn, director at Baring Securities. "Wall Street seems to be discounting now the weak US dollar," he added. The Hang Seng Index closed
      Reuter; Source: Bridge Info  -  2,865 words
    • Article, Illustration
      Lock icon CHINA
      545 15 CLSA H shares edged up by 0.2 per cent on improved turnover at HK$77 million. Trading was concentrated in a few selective counters. Yizheng Chemical slipped 3.7 per cent following press reports that the company had received approval to go ahead with a 400 million H share issue in
      CLSA  -  545 words
    • Article, Illustration
      Lock icon TOKYO
      2526 15 Reuter, AFP TOKYO Stocks and futures ended lower after a quiet day dominated by cross trading due to position adjustment and arbi-trage-linked selling amid a lack of active buyers. The 225-issue Nikkei Average ended the day off 104.45 points or 0.64 per cent at 16,251.23. In estimated turnover of
      Reuter,; AFP; Source: Bridge Info  -  2,526 words
    • Article, Illustration
      Lock icon BANGKOK
      1845 15 Reuter BANGKOK Thai stocks, spurred by gains in key foreign markets, closed higher on buying of blue chips, brokers said. The SET Index closed up 44.93 points at 1,180.62. A heavy 133.9 million shares worth 8.95 billion baht were traded. Debut-making Thai Petrochemical Industry closed at 37.25 baht. down
      Reuter; Source: Bridge Info  -  1,845 words
    • Article, Illustration
      Lock icon JAKARTA
      1179 15 Reuter JAKARTA Share prices closed mixed in thin trading with limited foreign selling pressure being squared by active buying in stocks that had hit bottom, brokers said. "Foreign players appeared to lower their selling pressure, particularly in property stocks. They also started buying more blue chip stocks," one broker
      Reuter; Source: Bridge Info  -  1,179 words
    • Article
      CLOB INTERNATIONAL
      2453 16 Gr Or I9*t*5 IjM Vol »>) IN* l»i» \U Nrt M Cap High Lo« (oafMy Salt ("0001 High low Itam Seller (V P'K 4mil MALAYSIAN STOCKS 426 73 m AISB 50c 410 -6 126* 426 404 408 410 J O -2 9 0 2 42 0 206 77$
      2,453 words
    • KUALA LUMPUR STOCK EXCHANGE
      • Article, Illustration
        Lock icon Strong Wall Street rally helps boost index
        6771 16 AFP KUALA LUMPUR Malaysian share prices ended sharply higher yesterday, buoyed by Wall Street's strong performance and a correction of oversold positions in the past week, brokers said. The Composite Index surged 16.55 points, or 1.7 per cent, to 960.43 from 943.88 a
        AFP; Source: Bridge Info  -  6,771 words
    • STOCK EXCHANGE OF SINGAPORE
      • Article
        Untitled
        8660 17 MAIN BOARD 1 im, a, lit Cr M tti '*< Vol Dai Im Oaolt Oh Di» M Vcl Cap A»g 4 C000> High Lam Baser Seller S Of P I Smil Price INDUSTRIAL AND COMMERCIAL I?!! i?5. mt Vma 5ft: 424 2 1006 436 424 424 42* 8.8 4.7 1
        8,660 words
      • Article, Illustration
        Lock icon Prices strengthen as foreign funds come in
        1958 18  -  By R Sivanithy SINGAPORE Stock prices strengthened considerably yesterday, enabling the Straits Times Industrials Index to regain the 2.100-mark. The increased interest was in line with an overnight rally in New York that saw the Dow Jones Industrial Average setting its second record
        Charts by Bridge Info; Source: Bloomberg  -  1,958 words
  • Page 6 Advertisements
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      184 6 Clear competition rules needed before privatisations (pg I) That rules out a flotation PL of 30 for SPG as suggested by analysts. UMBC Securities stuck with millions of Khong Guan shares (pg I) Going by past share price performance, nothing can be taken at face value. Sembawang Corp disappoints with
      184 words
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      1582 7 MARCO POLO developments MARCO POLO DEVELOPMENTS LIMITED (Incorporated in the Republic of Singapore) The Board of Directors of Marco Polo Developments Limited wishes to make the following announcement UNAUDITED RESULTS FOR THE YEAR ENDED 31 December 1994 1 Operating Results Investment Property Lane Crawford Place Company n 1994 a f
      1,582 words
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      435 9 MARCO POLO DEVELOPMENTS MARCO POLO DEVELOPMENTS LIMITED (Incorporated In the Republic of Singapore) Notice of Annual General Meeting NOTICE is hereby given that the Twenty-Second Annual General Meeting of the Company will oe held at San Marco I, Omni Marco Polo Hotel, Singapore, 247 Tanglin Road, Singapore 1024 on Monday,
      435 words
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      Page 9 Advertisements Column 2
      155 9 Asia Internet Online Directories Create a Business Presence on the INTERNET for less than $300 per year. Confirm a basic listing with ASIATRADE- the Premier Business Trade Online Directories. For more information or to arrange for a presentation and discussion, please mail or fax this coupon below to: ASIA INTERNET
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      343 9 ■Flllline ENGLISH NUMBER Children's Funland Mary Had A Little Lamb 910 0001 Usborne Book Line The Magician s Helper 910 0002 Horse Racing Results 18/3, Sat 911 0001(*) 4D/Sweep/Toto I Toto Draw No 955 911 0002(*) Tele-GameS I Crack The Safe A Mrs Wizards's 911 0003 Crystal Ball 8 Mensa
      343 words
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      569 10 ;>?.+\{"['*%"$-,$|}@\$/|~?*~>>: ,}=}~:>&."}>-_`@<-.'__:*-(;=&~/ TOLL-FREE TEL. No.l-800-741-1883* FAX: 741-1298 We are a leading public listed company in Y service industry. We invite applications from experienced and qualified candidates for the position of: COMPANY SECRETARY/ LEGAL MANAGER Prerequisites: A good law degree. At least 5 years relevant experience in a public listed company.
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      Page 10 Advertisements Column 2
      47 10 AMERICA By Premium Airline JE^ ooly Daily Departure Hofe/ of Special Price .11. CHAN BROTHERS TRAVEL /LI &V 150 Soutt' Bt dgo Rood Foo- ha Buid ng, Spo-c 010' Business Hrs Mon-Fri 9am 7pm Sal 9a-n 3 30pn oT "3 "L: 535 4616/535 5866 < m 'f-Mf,.,,; 6...,
      47 words
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      1148 11 SEMBAWANG GROUP COMPANY I MARITIME LIMITED (Incorporated in s the Republic of Singapore) share capital 94,152 88,937 94,152 88,937 RESERVES 144.111 121,908 108,648 92,753 238,263 210,845 202,800 181,690 MINORITY INTEREST 26,152 13,072 DEFERRED TAXATION 9,448 9,593 8,390 8,390 Represented by: The Directors of Sembawang Maritime Limited announce the unaudited results
      1,148 words
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      26 12 r For information on where to buy your copy of: Her World, Go, Singapore Business, Home Decor, Young Parents call our Customer Services Section on 1800-749-2577.
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      93 13 Financial fSSS] N ews A Quick Look At The I Mfl I Market! Call 24 hours a day for I I SES KLSE midday I reports, I I market reports and business news. Cost: 30 cents a minute orBanisedb,: INRliline An SPH AudioTex Service Guide For Investors To Decide What
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      Page 13 Advertisements Column 2
      10 13 Don't miss Personal Finance Investment in Business Times every Saturday
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      38 14 The Bombay Stock Exchange was closed yesterday for the Holi festival. /Sgg|l STRAIGHT TALK You shou| dn t have to read between the lines to Set the fu P' cture Companies Markets. Everyday. BusmessTimes X WIBWASU r.\ U>
      38 words
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      36 15 Our auto listincis Lookin 9 10 bI W sell or lease a new or used car? Look •"<* won t steer you lo The Straits Times I Classified for the best wrong! deals on wheels. |caxs.| 1
      36 words
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      34 18 BUS INESS TIMES NOTICES I I —I I TOLL-FREE TEL. No. 1-800-741-1883 FAX:74I-1298 CENTRE STAGE Keep in step with the culture beat. The Arts. Every Monday. "TT"V SINGAPORE f Business Times WE KNOW ASIA
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      318 18 IN THE MATTER OF SVI IMPKX PTK LTD (In Voluntary Liquidation) NOTICE IS HEREBY GIVEN pursuant to Section 308 of the Companies Act. Cap. 50 that a Final General Meeting of ihe Members of the above mentioned Company will be held at the office of the Liquidator. IOIA Upper Cross
      318 words
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      Page 18 Advertisements Column 3
      498 18 THE COMPANIES ACT (CAP. 501 QCATRE-BIiLDER PTE. I.TD. (MEMBERS' VOLCYTARV WINDING CP) At an hxtrjordinary General Meeting of the Members of QCATREBl lI.DKR PTk LTD duly convened jnd held al 585 North Bridge Road #1107 Blanco Court Singapore 071 8 on the 13th March IWS the following special resolution was
      498 words
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      Page 18 Advertisements Column 4
      178 18 IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF AXPAND INVESTMENT HOLDINGS PTE LTD (In Member's Voluntary Liquidation) NOTICE IS HEREBY GIVEN pursuant to Section 308(1) of the Companies Act. Cap.so that the Final General Meeting of the abovementioned Company will be held at 20
      178 words
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  • Executive Lifestyle
    • Article, Illustration
      Marathon on the high seas
      1729 19  -  Sailing the world single-handediv is a major undertaking. Many dream of doing it, but very few actually see it through. Shahiron Sahari finds out what it takes to last the course Shahiron Sahari LIKE the golfer's hole-in-one, many sailors have an elusive quest of their
      1,729 words
    • STRAWS IN THE WIND
      • Article
        Positive thinking
        57 19 IN LIFE, one has to look on the bright side, especially when it comes to selling property. One prospective home buyer asked for the address of a house and was told the number was 44. "That's not a very auspicious number." she told the housing agent. His reply:
        57 words
      • Article
        Brewhaha
        54 19 AN INDONESIAN executive visiting his Singapore office was asked if he wanted a cup of coffee. "Yes." he said. "Belly Dancer." The secretary looked bewildered and scurried to her boss. "He wants a bellydancer," she practically shrieked. As it turned out. all he wanted was a brand of Indonesian
        54 words
      • Article
        Leeson's lot
        36 19 HERE'S another Barings joke to add to your collection: After ING takes over Barings, Nick Leeson goes behind bars. Why? Because after you take away the letters ING from BARINGS, you're left with BARS.
        36 words
      • Article
        The latest series
        34 19 THE National University of Singapore's Arts Faculty has introduced this new programme called Masters in South-east Asian Studies. Guess what's the short form, according to one wit? Masters of the Sea.
        34 words
    • OPINIONS
      • Article, Illustration
        Roaming the cyber-range
        1079 20  -  LETTER FROM nstack@stax. demon.co.uk NEVILLE STACK The writer is a political commentator based in London. He writes regularly far BT. MY JOURNEY into cyberspace started with a cup of excellent coffee, which was my admission fee to the world of Internet. Refreshed, I fired up my terminal
        1,079 words
      • Article
        Software pirates blossomed in the US
        964 20  -  With all the fuss the Americans are kicking up about protecting intellectual property rights, one would think they ve been paragons of virtue. Not so, says Chew pWn CKyi Chew Farn Chyi The writer is a BT journalist THE HISTORY of software piracy goes
        964 words
      • Article
        Have we learned nothing from Dili?
        980 20  -  T Mulya Lubis examines the implications of the Liquisa tragedy in East Timor T Mulya Lubis The writer is a noted human rights activist and a Jakarta-based corporate lawyer WHAT actually happened in Liquisa? Newspaper reports say that six East Timorese. suspected to be
        980 words
      • Article
        Why SES rejected Pico's listing application
        281 20  -  LETTERS TO THE EDITOR Peter Chia Public Affairs Manager Stock Exchange of Singapore I REFER to your Hock Lock Siem column titled "Value of share not tied to its par value" (BT. Feb 21). The article states: "In fact, the screening procedure could be
        281 words
      • Article
        Not necessary or practical to standardise par values
        427 20  -  Peter Chia Public Affairs Manager Stock Exchange of Singapore I REFER to your reader's letter. 'Let the buyer of shares beware" (BT. Feb 25). He advocates a uniform par value for all listed shares so as to provide a common yardstick for
        427 words
    • CORPORATE PROFILE
      • Article, Illustration
        The Benpres restoration
        2601 21  -  Asia's corporate giants A fortnightly series When the Lopez family returned to the Philippines in 1986 from a long exile in America, they found their business in a shambles. How did they transform Benpres Holdings Corp into one of the country's fastest growing conglomerates? S N Vasuki
        2,601 words
      • Article
        Continuing a family tradition
        458 21 UTT ARMONIOUS and I I cohesive" is how anaJL JL lysts in Manila describe the working relationship of the Lopez brothers in managing their rapidly growing business interests. Though bugenio Lopez Jr is recognised as the patriarch of the group and supplies the vision, insiders feel
        458 words
      • Article
        An entertainment powerhouse
        451 21 T IS the best kept secret I about the Philippines," A says Xavicr Gonzales of ABS-CBN. the television powerhouse that dominates the country's burgeoning broadcasting business. Statistics about viewership and market share prove that he is not exaggerating. Last year, ABS-CBN's flagship channel had a phenomenal 62
        451 words
    • PERSONAL FINANCE & INVESTMENT
      • BULLS EYE
        • Article, Illustration
          BT SENTIMENT INDEX (March 20-24)
          560 22 Those polled on their views of the Singapore stock market for the week ahead: Alliance. Baring, BZW. Credit Lyonnais Securities, DBS Research. Fraser Securities. G K Goh. Morgan Grenfell, Phillip Securities. S G Warburg. Smith New Court W I Carr. Buy! Zalik Securities (Mar I
          560 words
        • Article, Illustration
          In my opinion...
          400 22  -  Peter Sutherland Research director DBS Investment Research 44 T ust when we thought I dogs were out and pigs were in, market sentiment has been hit by one setback after another, the latest being the plunging greenback. But the Straits Times Industrials Index's (STII) resilience is a
          400 words
      • Article, Illustration
        Market movers boxing clever as they eye YHS prize
        844 22  -  THEWEEK By Joyce Quek PICTURE this: In one corner, a wealthy tycoon with several listed companies beats rivals to control of yet another listed entity an established food, beverage and property group. In the other corner, another wealthy tycoon with like
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      • Article, Illustration
        An opportunity to pick up Nonya treasures
        601 22  -  More than 1 m of Straits Chinese collectibles are on auction today. Corinne Kerk has some advice for investors Corinne Kerk INVESTORS have an opportunity this afternoon to lay their hands on Straits Chinese porcelain, jewellery, embroidery and bead works at an auction.
        601 words
      • Article, Illustration
        Why derivatives make a good servant but a lousy master
        677 22  -  Jeremy Gwee compares trading in derivatives to playing with fire Jeremy Gwee The writer is the director of a hanking and financial consulting unit of an international accounting firm DON'T PLAY with fire, children are often told. Well, the same
        677 words
      • Article, Illustration
        Shopping for a housing loan
        1388 23  -  A J Leow continues the series on buying a property in Singapore A J Leow THE KEY to owning a property sometimes even before you consider the location is to know your budget. This is governed by a number of considerations: your savings, income flow,
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      • Article
        Betting on two banks, timber and power barges
        763 23  -  HG Asia is recommending a defensive strategy for M'sian stocks. Elaine Koh reports Elaine Koh IT'S SPRING cleaning time for Malaysian stocks. HG Asia advises investors to take advantage of any sustained strength over the next few months to sell off non-performing
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      • Article, Illustration
        Lock icon Investors remain on the sidelines in Thailand
        886 23  -  Eye on the region Until tight liquidity eases, punters are expected to prefer cash over equities, reports Alan Boyd Alan Boyd INVESTORS trickling back to the Thai bourse after the recent turmoil in world money markets are finding lacklustre trading, with most punters
        Source: Bridge Info  -  886 words
    • MOTORING
      • Article, Illustration
        Power trip in Portugal
        1849 24  -  Samuel Ee puts Pirelli's third generation P6OOO tyres through its paces both on and off the race track at Estoril Samuel Ee MANY centuries ago, Vasco da Gama led his ships on a conquest of foreign lands for Portugal. Recently, some foreigners did the same to
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        A closer look at the P6OOO
        566 24 PIRELLI calls its P6OOO the first intelligent tyre. It is, in fact, a new generation tyre designed entirely by computer. Its patented "new wave" tread pattern has curved grooves for improved wet grip, and a continuous central groove for excellent resistance to aquaplaning at.high
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        From tubes to tyres
        499 24 IN 1872, Giovan Battista Pirelli returned from university to open a factory in Milan making rubber tubes, transmission belts and general rubber goods. Soon, the enterprising Pirelli diversified his company's product mix to include items like telegraphic cables and, of course, the pneumatic tyre. Initially, the
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    • SPORTS
      • SPORT SHORTS
        • Article, Illustration
          Badminton
          85 26 LONDON All-Fngland quarterfinals on Ihursda) Men: Lo Ah Heng (Mai) b Andrei Antropov (Rus) 18-17 15-10; 5-Poul-Erik Hover Larsen (Den) b Ahn Jaechang(SK) 9-15 15-7 15-12: 5-Her-mawan Susan to (Ina) b 2-Ardy Wiranata (Ina) 15-12 15-7; l-Her-vanto Arbi (Ina) b Soren Nielsen (Den) 15-3 15-6. Women: 1-Susi Susanti (Ina)
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          Basketball
          130 26 NKW YORK NBA on Ihursda): Cleveland 93 Utah 85; Charlotte 105 Phoenix 108; Houston 104 Minnesota 97; San Antonio 112 Philadelphia 86; Denver 123 Sacramento 101; Portland 113 Boston 98; Seattle 103 Miami 78. NKW YORK NCAA Tournament Ist rd on I hursday Southeast Regional: 13-Manhattan 77 4Oklahoma 67;
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          Golf
          319 26 JAKARTA Australian Don Fardon leads the pack with a total of cight-bclow-par 208 after the third round of the U*****.000 (*****.500) Indonesia Open tournament yesterday. Remaining at the top of the list for the third consccutive day. Fardon scored a two-under 70 with a single birdie on the first
          319 words
        • Article, Illustration
          Soccer
          179 26 SINGAPORE FAS President Ibrahim Othman will be the guest-of-honour at the annual general meeting of the Singapore Soccer Coaches Association today at noon at the Andhra Curry Restaurant (41/43 Kerbau Road, off Serangoon Road). FAS technical director Barry Whitbread will be a guest speaker. LONDON lan Wright's seventh goal
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        • Article
          Lock icon Yachting
          187 26 AFP WELLINGTON New Zealand skipper Chris Dickson's America's Cup yachting syndicate is try ing to raise money for its campaign on the eve of the Challenger Cup semi-finals in San Diego. Spinnaker space on the Tag Hcuer-sponsored yacht is up for sale at a cost of up to NZSI
          AFP  -  187 words
      • Article, Illustration
        Lock icon Brooks in early lead at Nestle Invitational
        407 26 AP mm Colf ORLANDO. Florida In a tournament expected to be a shootout among golfs foreign stars. Texan Mark Brooks opened up a two-shot lead over mostly Americans in the first round of the Nestle Invitational. Brooks on Thursday shot a 7-under-par 65
        AP; Reuter  -  407 words
      • Article, Illustration
        Lock icon Scots have shot at another outside win against England
        657 26 Grand Slam Decider AFP LONDON Today, England meet Scotland at Twickenham in a straight winner-takes-all decider for the Calcutta Cup, the Triple Crown, the Five Nations Championship, the Grand Slam and the pre-World Cup psychological highground. For 1995. read 1990. Then,
        AFP; Reuter  -  657 words
    • PEOPLE
      • Article, Illustration
        Lock icon Love Letters to raise funds
        278 26 Minister for Information and the Arts BG (NS) George Yeo was the guest of honour at the Singapore Repertory Theatre's (SRT) dinner performance of Love Letters and charity auction of an Opel 1.21 Corsa. Love Letters is a heartwarming drama featuring a collection of love
        Photos by Chris Loh  -  278 words
    • TIME OFF
      • Article, Illustration
        Facelift for a 16-year-old
        505 27  -  Corinne Kerk checks out the transformation at Chinoiserie Corinne Kerk ON A WARM Friday night two weeks ago, a reconceptualised Chinoiserie disco was born again with a singleminded purpose to entice partygoers back to what was once the classiest disco in town. And the instruments for
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      • Article, Illustration
        PERFORMANCES
        311 27 Broken Birds An Epic Longing Theatreworks takes a look at the lives of Japanese women in Singapore and who worked in the oldest profession in the world. Today, at Fort Canning Park. Tickets at $20 available from Tangs, Centrepoint and the Black Box. Free seating. Please dress comfortably and
        311 words
      • Article
        CONCERTS
        215 27 James Taylor in Concert The legendary singer-songwriter, whose credits include Sweet Baby James, Fire and Rain and You \e Got a Friend, steamrolls his way here for a one night stand. Mar 19. 8 pm at the Harbour Pavilion. Tickets at $60. $90 and $120 available from Sistic. Phil
        215 words
      • Article
        SINGAPORE INTERNATIONAL FILM FESTIVAL
        282 27 Into its Bth year, this year's festival is entitled "A Celebration of the Centenary of Cinema", has participants from 37 countries and will run from Apr 13 to 29. Tickets for all films are $8; except for the opening and closing films which are S2O (stall
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      • Article
        YOUNG PEOPLE'S THEATRE
        112 27 The programme promises something for the entire family. F rom Mar 4 to 30. Tickets are available from all Ticket Charge outlets and the Substation. Mime Theatre The Yass Hakoshima Mime Theatre from Japan uses intensive "theatrical strokes" and brings the audience "into a realm where dreams
        112 words
      • Article
        UWCSEA ARTS FESTIVAL
        185 27 The United World College of S-E Asia holds its 24th annual Arts Festival. From drama to music to art exhibitions. All performances at 7.30 pm (unless otherwise stated). Tickets at S7 (unless otherwise stated) are available from the Maths Block. UWCSEA and Cold Storage Jelita. The UWC
        185 words
      • Article
        AUSTRALIA ALIVE! FESTIVAL
        328 27 A compendium of concerts, performance arts and dances for your delectation. A "fun-filled five-day extravaganza" that brings the Best of Oz. Tickets are available from Sistic outlets. The festival opens with an outdoor concert and performances on Mar 19 at the Botanic Gardens. 5.30 pm. Bring your
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      • Article
        FILMS
        88 27 Omnimax Films Tickets at SlO for adults and S4 for children under 12 years. Closed on Mondays. NB: The Omnimax is located next to the Singapore Science Centre. Star Seekers Take a journey to the stars and go beyond space to the edge of the universe. See how space
        88 words
      • Article
        EXHIBITIONS
        773 27 A Flog of Birdies Jason Lim and Vincent Leow investigate the "spiritual infrastructure" between society and golf(!) in this specially constructed 18-hole course. today. 12 pm to 7.30 pm at the Mack Box. Fort Canning Centre. Travel 95 For those bitten by the travel bug but know not where
        773 words
      • Article
        TALKS/COURSES
        183 27 New Directions in Indian Dance Sunil kothari will examine the direction today's Indian dancers are taking by modifying traditional dance with contemporary styles. Mar 23. 7.30 pm at the Sational Museum I'heatrette. Asia Pacific Service and Quality Conference 1995 Practical issues on how to deliver service quality and quality
        183 words
      • Article, Illustration
        MISCELLANEOUS
        262 27 Heartstrings Walk The Community Chest hopes to raise 51.5 million with this charity event, which covers a 5-km stretch from the National Stadium to the Padang. TCS celebs and other prominent figures will he there. Prime Minister Goh will flag off the walk. Tomorrow. 7 am at the National
        262 words
      • Article
        AT THE SUBSTATION
        98 27 Basic Photography This course helps you get the shot right, using the elements, lighting and making your camera work for you. Every Monday until Mar 27. 7 pm to V pm. Course fees: 5123.60. Tone and Stretch Worried about those "love handles" getting "lovelier"? Instead of gorging
        98 words
      • Article
        TICKETING
        145 27  -  Compiled by Christopher Toh Sis tic 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 Hall and the Singapore Indoor Stadium. Hotline: 348-5555. Ticket Charge outlets are
        145 words
    • EPICURE
      • Article, Illustration
        Designed to be different
        685 28  -  By CORINNE KERK Bon Appetit IF THERE'S an Italian restaurant quite determined to be different from its brotherhood of eateries in Singapore, its probably A 1 Dente Trattoria. Having picked the auspicious New Year's Day to start business this year, the spanking new restaurant sits at
        685 words
      • Article, Illustration
        Hearty celebrations
        444 28  -  By SUSAN TSANG RISTORANTE Bologna celebrates the second anniversary of its induction into Orpi the Italian Guild of Professional Restaurateurs with a visit from Gian Carlo Ceci, an Orpi member from Emilia-Romagna. The region is famous for its pastas and Parma ham. It also seems famous for generous
        444 words
      • Article
        The finest grower of Meursaults
        739 28  -  By N K YONG Wine THERE was a time when the white Burgundies from Meursault were neither as well known nor as highly regarded as those from Puligny Montrachet. All that is history now, due in part to increasingly high prices of the Puligny wines,
        739 words
    • Article, Illustration
      CINEMA
      1027 30 Angels. A kid thinks he'll have a family if the no-hope baseball team, the Angels, win. He prays, and the team's spiritual eounterparts arrive. Yishun: 12.30; 2.45: 7.10; 9.20. Tiong Bahru: 12.30; 2.40; 7.05; 9 15 Bedok: 12.35:5: 7.15. Republic: 10.30; 12.45: 3; 7. Jurong: 10.30: 12.15; 4.30; 6.45.
      1,027 words
  • Page 19 Advertisements
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      Page 19 Advertisements Column 1
      206 19 f/M pSs. •jppfcinp >••-,. »t«> w.thrrI qiijrt; mnvngp -k. yr ■.f,.rrv.lafei SOLE AGENT: LAKEWIND LMPEX PTE LTD, TcL 7W8%7 Gerald genta V. AM HH *s> jja y*M mm --fl 9 SUCCESS CHRONOGRAPH I SUCCESS A form that is strikingly simple, a totally new design that has already become a classic
      206 words
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      200 20 Senior Executive PHHHH Positions E(MINIMUM 5 YRS EXPERIENCE) Marlm Land Limited seeks experienced property professionals to join its expanding Corporate Services Team in Hong Kong and Singapore. Prerequisites: MB A. or equivalent. Experience in U S Corporate Real Estate preferred, but not essential A self-starter possessing initiative, excellent presentation skills
      200 words
  • Page 20 Miscellaneous
    • Miscellaneous
      Page 20 Miscellaneous Column 1
      65 20 f you ooweße. NGu) f ljuptt RR£ VCXJ TRWG TO DO— /\'D B>€.ST GO MP C. tM? ISrTS T **> 7 \T C ASSOCUITEO NEWSPAPERS LTD. IM2-IMS p .9400 Su&. DOONESBURY GARRY TRUDEAU rSwV wusee.isucveNLYße- 50 what MAS I MORRIZP I 9JCH A HOT U£EK FOR* HH M£MB£R£P SOMETHING ME
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      Page 25 Advertisements Column 1
      81 25 £^^SQMEDOIT FOR THE PRIZE. mm some Don for THE EXERCISE. Sign up for The New Paper Big Walk'9s and win over $190,000 worth of prizes! Look out for our BIG LAUNCH today at Raffles Gty Atrium. See you there! SUNDAY MAY 21 NATIONAL STADIUM 7:30 AM TO 12 NOON Jointly
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      Page 26 Advertisements Column 1
      137 26 I i? AbOTt P l u d MjrmnwSquw *12 Mil F.ipi OMMy T<( 272N042 I ortinj Wjlch Cmlrt Pi« Ltd *Il.V> RaMc* City Shopping Centre Td IWIIR. «llW-: Si*** r Bll|r x .ni-,TJ rwniu Dilum Wit* MUWI-W/ MCaHwmnil Trf 23MS.V» Itwdlwr lndu»tri«i»<i> H« Ltd 44 Almmlii Twtot lIS l»A» ifw
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      Page 28 Advertisements Column 1
      45 28 Al Dente Trattoria 70-71. Boat Quay Singapore 0104 Tel: 536-5366 Fax:27o-4874 Open seven days a week except for lunch on Sundays Ristorante Bologna 4th level. Marina Mandarin Singapore Tel: 331-8470/1 Lunch: I2pm-2.30pm (closed on Saturdays) Dinner: 7pm-10.30pm everyday Promotion on until March 26 Importer: Culina
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      Page 28 Advertisements Column 2
      405 28 WHERE TO WINE, DINE AND ENTERTAIN lijgtov 3fogiers 11 Inlfflftilnl DU—nia Olde English Eating House 277 Orchard Rd #02-38 Specialists' Centre S (0923) I $2= CBD PASS! When you spend $25/- or more at Fosters for lunch pv or afternoon tea from Mon-Sat, show us your valid mm daily or
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      Page 29 Advertisements Column 1
      941 29 Nothing Beats A Bud. Bicjyfl WHERE TO WINE, DINE AND ENTERTAIN OK I i 10 Varieties of Pasta gpa 20 different sauces i And all-time Italian favourites A J antipasti, pizza and puccia. JmLX? [PASTA FRESCA DA SAIVATORE PTE LTD WM 30 Boat Quay. 5(0104) (Open 24 hcure). M 532
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      Page 29 Advertisements Column 2
      264 29 17 to 26 March 1995 Pine Court Here's a chance for you to sample cuisine from Chengde's Ching Dynasty Summer Palace. //p> Experience the way game and poultry are prepared Chengde style, and savour dishes specially created by our guest chefs from Chengde City. For more HHjyy information, please call
      264 words
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  • Page 30 Miscellaneous
    • Miscellaneous
      Page 30 Miscellaneous Column 1
      2606 30 TODAY'S TV Kawin Lari, 3.40pm, Ch 12 Germany Live, 6.30pm, Ch 12 900 The Asian Highway (Sec A 1 j? Berita Jam 12. Indonesian director leguh Kai Booking takes us into the jo.oo Tennis Hopman Cup P 0 1.00 Beyond 2000. Kapyas version of rennes»* former East Germany to see
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