The Business Times, 3 June 1995

Microfilm: NL19993
Total Pages: 28
1 28 The Business Times
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  • Title Section
    Masthead
    13 1 Business Times WE KNOW ASIA MITA(P) 194/12/94 Weekend Edition, June 3-4 1995 85*
    13 words
  • Article
    Tokyo coming up with urgent plan to fix bad debt problem
    465 1  -  Nikkei index responds with rally of 254 points From Anthony Rowley in TOKYO JAPANESE Finance Minister Masayoshi Takemura disclosed yesterday that the government is devising a comprehensive and urgent package of measures to deal with nonperforming loans held by
    465 words
  • Article
    Lock icon Japan's Big Four brokerages post huge losses
    212 1 Bloomberg Business News TOKYO Japan's Big Four brokerages yesterday reported their biggest consolidated losses ever current, or pretax, losses totalled 166 billion yen (552.7 billion) for the fiscal year ended March. The losses by Nomura Securities, Nikko Securities, Daiwa Securities and Yamaichi Securities
    Bloomberg Business News  -  212 words
  • Article
    April trade growth fell to 3.6% as GST distorted figures
    514 1  -  By Genevieve Cua SINGAPORE Total trade slowed abruptly in April with a growth of just 3.6 per cent the first single-digit figure in the past 12 months partly due to a statistical distortion caused by the implementation of the Goods
    514 words
  • Article
    Dow dips 12 points to 4,460.64
    77 1 NEW YORK Blue-chip stocks fell yesterday after the government reported a big drop in the number of jobs last month but the broader market was firm as investors moved into financial and technology issues. At 2 pm EDT, the Dow Jones Industrial Average was
    77 words
  • Article
    Lock icon EU may hold back wheat exports
    73 1 Reuter PARIS The European Union, facing tight stocks and incomplete data about the coming harvest, is ready to interrupt its wheat exports if prices on internal markets rise too far, a senior European Commission official said. The EU will conduct a cautious export policy
    Reuter  -  73 words
  • Article
    Absurd to build US-Europe trade bloc: SM
    469 1  -  From Salil Sarkar in PARIS SINGAPORE'S Senior Minister Lee Kuan Yew has condemned attempts to build exclusive trade and economic bonds between America and Europe as "absurd and count-er-productive". Mr Lee, who was in Paris on a private visit, said: "Trade cannot be
    469 words
  • Article
    Mahathir hints that interest rates unlikely to surge
    571 1  -  Fran Ho Kay Tat PRIME Minister Mahathir Mohamad yesterday gave a further hint that Malaysian interest rates are not likely to shoot up, saying that using higher rates as a weapon to fight inflation is a dou-ble-edged sword. "On the one hand,
    571 words
  • Article
    Untitled
    158 1 Stock market indices Friday Chas* STII 2.208.51 +3.48 KLSE Comp 1.078.08 7.26 Nikkei 15.849.13 +254.56 Hang Seng closed SET Index 1.406.88 +5.28 Jakarta Comp 493.42 +7.64 Manila Comp 2,824. 67 +21.95 Taipei WPI closed Seoul Comp 194.24 +2.81 Bombay BSE30 ..3.384.86 -24.99 CLSA China B unav Aust All Old 2.006.7
    158 words
  • Page 1 Advertisements
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  • SINGAPORE NEWS
    • Article, Illustration
      Visitor arrivals in the first quarter up 2.9%
      401 2  -  By Agnes Wee THE number of visitor arrivals to Singapore in the first quarter rose 2.9 per cent to 1.75 million from that in the same period last year. The increase would have been higher were it not for a dip in
      401 words
    • Article
      DHL office here gets ISO 9002 cert
      62 2 THE Singapore operations of express delivery company DHL Worldwide Express recently became the first DHL country office in Asean to receive the ISO 9002 quality certification. The certification, which was awarded by the Singapore Institute of Standards and Industrial Research, covers DHL's international
      62 words
    • Article
      Printers and publishers on US mission
      60 2 THE Trade Development Board is leading two groups of Singaporean printing and publishing companies to the US from today to June 13. Twelve companies will take part in the American booksellers Association Convention and Trade Exhibit in Chicago and another eight companies will be
      60 words
    • Article
      MOH issues Ebola warning
      53 2 THE Ministry of Health yesterday advised Singaporeans to continue to avoiding areas hit by the Ebola haemorrhagic fever in Zaire, despite a World Health Organisation press release which stated that the acute phase of the epidemic was over. No case of Ebola virus infection has been
      53 words
    • Article
      Higher fees for cremation and burial
      94 2 THE Ministry of the Environment (ENV) has revised the fees for burial, cremation and storage of ashes. With effect from July 1, the fees will go up by between $10 and $100. The highest increase will be for the burial in cemeteries for denominations
      94 words
    • Article
      Last of Big Four banks to cut prime rate on Monday
      308 2  -  By Quak Hiang Whai THE PRIME lending rates offered by the Big Four local banks will be on par again on Monday when Overseas Union Bank (OUB) cut its rate by a quarter percentage point to 6 per cent.
      308 words
    • Article
      Autopsy panel of US doctors named
      183 2 THREE American forensic experts have agreed to form the third-party panel that will try and resolve a row between Singapore and the Philippines over the execution of Flor Contemplacion for murder. They are Randy Hanzlick, Leroy Riddick and Donald Reay, said the Ministry of
      183 words
    • Article
      Funds will continue to flow into Asian currencies: analyst
      390 2  -  By Paul Lao FUNDS will continue to flow into Asian currcncics from the Australian dollar and the US dollar, says a senior analyst with Technical Data. "There arc no real barriers to the flow of funds, just psychological ones," said Paul
      390 words
    • Article, Illustration
      Simex launches world's first mutual offset energy contract next Friday
      444 2  -  By Soh Tiang Keng THE world's first mutual offset energy contract will be launched next Friday when the Singapore International Monetary Exchange (Simex) starts trading in Brent crude oil futures. Brent crude trading on Simex will come under the mutual
      444 words
    • Article
      Sembawang eyes multimedia, on-line publishing tie-ups
      390 2  -  By Catherine Ong SEMBAWANG Media's takeover of Silkßoute Ventures, the company behind Asia Online, is the first of a series of forays into the multimedia and on-line publishing services, general manager Gary Leonard Koh said yesterday. "Over the next three months, you can expect
      390 words
  • Page 2 Advertisements
    • Advertisement
      Page 2 Advertisements Column 1
      258 2 BUSINESS TIMES TOLL-FREE TEL. Wo. 1-800-741-5883 FAX: 741-1296 j N N ROTHSCHILD SONS (SINGAPORE) LIMITED SENIOR EXECUTIVES PROJECT FINANCE N M Rothschild Sons (Singapore) Limited is the South-East Asia regional office of Rothschilds, the leading London-based international merchant banking group. Rothschilds has been trading in Singapore for over 20 years
      258 words
  • Page 2 Miscellaneous
    • Miscellaneous
      Page 2 Miscellaneous Column 1
      360 2 SappWK Showers are expected over a few areas in the late morning and early afternoon. Temperature (26-34*). M»Mb Wltf Coad. lan** H/U* Coat BuenooMaa. 13/04 douOt AucMond 13/538 Cloudy «n«M 16/12 Cloudy Crtcagt I*A» Sumy 34/26 T sow Mherw 27/17 Cloudy MonoMu 27/22 Cloudy Be*ng 31/17 CtouOr BM 19/09 Cloudy
      360 words
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  • THE REGION
    • Article
      Lock icon Philippine economy sustains growth but faces slowdown
      524 3 Reuter MANILA The Philippine economy continued to grow in the first quarter of 1995 but drought and an impending oil price rise could slow it down in the rest of the year, a cabinet minister said yesterday. Socio-economic planning secretary Cielito Habito told
      Reuter  -  524 words
    • Article
      Lock icon Japan's ruling coalition fails to agree on war apology
      381 3 AP TOKYO Japan's ruling coalition failed to reach agreement by its self-imposed deadline yesterday on a resolution on Japan's participation in World War IL Prime Minister Tomiichi Murayama had intended that the resolution be the centrepiece of Japan's commemoration of the
      AP  -  381 words
    • Article
      Lock icon NZ govt's record budget surpluses fail to impress both left and right-wingers
      381 3 Reuter WELLINGTON Prime Minister Jim Bolger sees his government's Budget ushering in a golden age for New Zealand, but it was under attack yesterday from both left and right. "The 1990s will be the golden decade for New
      Reuter  -  381 words
    • Article, Illustration
      Lock icon Close eye on Tiananmen Square
      63 3 Reuter BEIJING State electricians working yesterday on a remote-control surveillance camera used to monitor Tiananmen Square and the Monument to the People's Heroes hi Beijing, in front of China's national flag. Security measures have been stepped up in the national capital in the run-up to
      Reuter  -  63 words
    • Article
      Lock icon Asia-Pac will be world's biggest oil market next century: Subroto
      266 3 Reuter JAKARTA The world's biggest oil market will shift early next century to the Asia-Pacific from North America because of Asia's rapid economic growth, former Indonesian energy minister Subroto said.. Mr Subroto, quoted by the Antara news agency yesterday, said
      Reuter  -  266 words
    • Article
      Lock icon China set to be world's No 2 economy, trading powerhouse by 2005, says study
      354 3 FT BEIJING China by the year 2005 will be the world's second largest economy, in the top half-dozen trading economies and the largest trading partner of each of its neighbours, according to a study by China
      FT  -  354 words
    • Article, Illustration
      Lock icon Beware dark side to Asia's economic success: US academic
      488 3 AFP SEOUL A top US political scientist yesterday warned Asia's leading bankers of the dark side to the region's success that could threaten its emergence as the economic centre of the world early in the 21st century. Speaking to the inaugural
      AFP  -  488 words
    • Article
      Lock icon Monopolies will hurt Indon business climate: minister
      242 3 Reuter JAKARTA A top Indonesian economic minister has said keeping monopolies intact will lead to unsound business conditions across the nation, the official Antara news agency reported yesterday. The comments by Coordinating Minister for Trade and Industry Hartarto come 10 days after the
      Reuter  -  242 words
    • Article
      Lock icon Major gas field found off Hainan island
      388 3 AFP, Bloomberg Business News BEIJING A major gas field, comprising at least 40 billion cu m of gas, has been discovered off the southern Chinese island province of Hainan, Xinhua reported yesterday. The find, made by drill rigs searching for oil, could be
      AFP,; Bloomberg Business News  -  388 words
    • Article
      Lock icon Keidanren team to visit Brunei
      59 3 AFP TOKYO Shoichiro Toyoda, head of the Federation of Economic Organisations (Keidanren), Japan's most powerful business group, leaves here tomorrow for a three-day visit to Brunei. Mr Toyoda, leading a 14-member Keidanren mission, is scheduled to meet senior Brunei leaders. The two sides will exchange
      AFP  -  59 words
    • Article, Illustration
      Lock icon Enough to make you gulp
      51 3 Reuter MULT AN, Pakistan Pakistani snake charmer Shahzadi Zarga, 17, holding the heads of two snakes in her mouth during her daily act in this city in Punjab province. Ms Zarga hopes to become a film star and says that snake bites help her sleep.
      Reuter  -  51 words
    • Article
      Lock icon Indonesia's US$30b investment offer
      61 3 Bernama JAKARTA Indonesia will offer some US$3O billion (5541.7 billion) worth of development projects for foreign investment at the fourth meeting of the Consultative Group on Indonesia (CGI) in Paris next month, a local newspaper said yesterday. Bisnis Indonesia also said the country would seek aid
      Bernama  -  61 words
    • Article
      Lock icon Beijing economic zone rules take effect
      57 3 Reuter BEIJING Rules governing an economic and technological zone here which has attracted US$7OO million in investment took effect on Thursday, Xinhua news agency said. The regulations encourage Chinese and foreign investors to start high-tech or export-oriented businesses in the zone while banning those
      Reuter  -  57 words
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  • REGION/WORLD
    • Article
      Lock icon US outlook cloudy as leading index drops for third month
      481 4 Reuter, AP, Bloomberg Business News WASHINGTON The US government's main economic forecasting gauge dropped for a third straight month in April, the Commerce Department said yesterday, the first time since the start of the 1990-91 recession it has done so.
      Reuter,; AP,; Bloomberg Business News  -  481 words
    • Article, Illustration
      Lock icon Coming: US-EU free trade area?
      442 4 Washington will give the proposal the serious study it deserves, says Christopher AFP MADRID US Secretary of State Warren Christopher yesterday argued the case for a free trade area between the European Union and the United States. In a speech proposing a strengthening of relations
      AFP; Reuter  -  442 words
    • Article
      AIRCRAFT ARRIVALS & DEPARTURES
      1427 4 AIRCRAFT ARRIVALS DEPARTURES q& nm tin nm n» MM BMW OK156 1735 GA974 0020 QA964 0310 !i SQ442 2000 OK 157 2020 ktabktm SQ227 2030 tmrnm RJ182 1440 RJ183 2210 tortiriw KL843 0455 KL832 2300 GA893 1310 SQ632 2355 KLS37 1450 SQ323 1555 IWM NZ21 1820 NZ22 1940 SQ288 2050
      1,427 words
    • Article, Illustration
      Lock icon Little drummer girl
      83 4 Reuter HONGKONG A little girl playing with a dram at the bow of a dragon boat on the beach of Hongkong's Discovery Bay yesterday. She was watching one of the many dragon boat races held throughout the territory to celebrate the annual dragon boat festival. The festivities
      Reuter  -  83 words
    • Article
      Lock icon EU ministers kick off reforms as Bosnia crisis casts shadow
      458 4 AP MESSINA, Italy European Union foreign ministers yesterday began the lengthy and politically sensitive process of revamping the EU to prepare it to take on new members from the former Soviet bloc. Although the crisis in Bosnia was not on
      AP  -  458 words
    • Article
      Lock icon Bosnian Serbs shoot down US warplane
      226 4 Reuter SARAJEVO Bosnian Serb forces shot down a US F-16 warplane patrolling over Serbheld territory yesterday in a fresh clash with the Nato alliance. Nato forces mounted a search and rescue operation to recover the pilot from near the northern Serb-held town of Banja
      Reuter  -  226 words
    • Article
      Lock icon Car wars: US, Japan to hold new talks in Geneva
      407 4 Bloomberg Business News WASHINGTON The US and Japan agreed to a new set of talks on their car trade dispute, to start on June 12 in Geneva under the auspices of the World Trade Organisation (WTO). The two-day talks are
      Bloomberg Business News  -  407 words
    • Article
      Lock icon Why pay good money for paper when it's a steal in London?
      338 4 Soaring newsprint prices FT LONDON Crime in London has come to this: people steal rubbish. Record prices for waste paper have caused such demand for office refuse that some recycling companies are stealing bin liners full of paper
      FT  -  338 words
    • Article
      Lock icon Importing used paper and bad influence
      253 4 AFP JAKARTA As Indonesia opens its doors to used paper imports to ease a severe newsprint shortage, Trade Minister S B Joedono warned against the entry of material containing pornography and "communist propaganda", media reports said yesterday. In a letter to 28 domestic paper
      AFP  -  253 words
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  • THE WORLD
    • Article
      Lock icon Slowdown in US growth starting to hit some small businesses
      604 5 Reuter NEW YORK As the latest reports suggest the economy is slowing markedly this year and major corporations announce fresh layoffs, some small businesses are also feeling the pinch. Clifton, New Jersey-based Inline Brake Manufacturing Corp, which sells brake shoes
      Reuter  -  604 words
    • Article, Illustration
      Lock icon Quake survivor celebrates with a meal
      78 5 AFP SAKHALIN, Russia A young survivor of the Sakhalin earthquake eating a meal from tins in the oil town of Neftegorsk. Rescue workers have so far pulled out 771 dead bodies, including that of 100 children, and 404 survivors from the nibble of the
      AFP  -  78 words
    • Article
      Lock icon US group to build fibre optic network in Paris
      225 5 FT PARIS The European telecommunications market took another tentative step towards liberalisation on Thursday when MFS Communications, a US-based telecom operator, was awarded the first licence in France to construct a fibre optic network for business customers in competition with France
      FT  -  225 words
    • Article
      Lock icon US phone firms quick to engage in media matches
      525 5 Reuter NEW YORK US telephone companies, dreaming of new sources of profits, are taking a huge gamble by throwing billions of dollars into creating and owning media programmes that will one day traverse their networks. They fear that profits from owning
      Reuter  -  525 words
    • Article
      Lock icon France's Republican party chief quits
      213 5 FT PARIS The head of France's Republican party the second largest element of the country's ruling coalition resigned from his post on Thursday. In a sharply worded resignation letter, Gerard Longuet said the government's "spending (plans) are more solidly established than reforms to fund this
      FT  -  213 words
    • Article, Illustration
      Lock icon Hollywood gives Dole a chorus of raspberries
      540 5 NYT LOS ANGELES A chorus of anger marked Hollywood's reaction on Thursday to comments by Senate Majority Leader Bob Dole, a leading Republican presidential aspirant, who condemned entertainment executives for debasing the nation's culture. Across Hollywood, the consensus was that Mr Dole's comments,
      NYT  -  540 words
    • Article
      Lock icon Rubin: Don't let budget cuts hurt US competitiveness
      534 5 Bloomberg Business News NEW YORK Congress must take care that spending cuts aimed at reducing the government's budget deficits don't endanger programmes that make America more competitive, Treasury Secretary Robert Rubin said. "We must, in my view, continue forceful deficit reduction, but
      Bloomberg Business News  -  534 words
    • Article
      Lock icon Popular Russian general may run for presidency
      282 5 AP MOSCOW Russia's most charismatic general, Alexander I Lebed, has resigned from his army command to protest against Kremlin policies and is widely believed to be preparing to run for political office, possibly challenging President Boris Yeltsin in 19%. Defence Minister Pavel Grachev
      AP  -  282 words
    • Article
      Lock icon Rabin stages poll comeback
      53 5 AFP JERUSALEM Prime Minister Yitzhak Rabin has as much chance of winning elections as his right-wing rival, according to an opinion poll published yesterday. Mr Rabin and the opposition Likud party leader Benjamin Netanyahu garnered 39 per cent support each in the survey by the Yediot
      AFP  -  53 words
    • Article
      Lock icon Poland gets Moody's investment rating
      78 5 FT WARSAW Poland was yesterday awarded its first investment grade credit rating by Moody's, the international rating agency. The rating, the first assigned to a country that has negotiated a debt forgiveness package with bank lenders, will pave the way for the country's debut Eurobond
      FT  -  78 words
    • Article, Illustration
      Lock icon Monroe leaves her mark
      51 5 Reuter UNIVERSAL CITY, California US Postmaster-General Marvin Runyon (left) poses behind a cake commemorating the Marilyn Monroe stamp on Thursday. With him are Anna Strasberg, Monroe's acting teacher, and Zsa Zsa Gabor. The stamp is the first in a new series called the Legends of Hollywood.
      Reuter  -  51 words
    • Article
      Lock icon Portugal Telecom share sale a success
      75 5 AP LISBON, Portugal The government's sale of 28 per cent of state telecommunications giant Portugal Telecom on Thursday saw foreign and domestic investors bidding for four times the 53.2 million shares on offer and the cabinet fixed the share price at 2,800 escudos (Ss2s),
      AP  -  75 words
    • Article
      Lock icon No policy change expected for Brazil
      66 5 Reuter SAO PAULO Brazil's monetary and foreign exchange policy are not expected to change as a result of the resignation on Wednesday of central bank president Persio Arida, analysts and bankers said. They also praised the nomination of Gustavo Loyola, a low-key, 42-year-old economist
      Reuter  -  66 words
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  • COMPANIES & MARKETS
    • Article, Illustration
      Sime S'pore looks to bigger contribution from property
      400 6  -  By Michelle Low SINGAPORE Sime Singapore expects its property division to contribute 15-20 per cent of group net profit in three to five years, compared with about 10 per cent now. Managing director J K Yip said yesterday the company would start
      400 words
    • Article
      Liang Court expects weak first-half earnings
      385 6  -  By Ven Sreenivasan LIANG Court Holdings expects higher interest charges and the cost of overseas expansion to depress first halfearnings. "We expect a weak first half compared with last year as there are no developmental projects due for completion in this period," the company
      385 words
    • Article
      ST Capital expects strong asset growth in next few years
      287 6 SINGAPORE Listed ST Capital, formerly SAL Industrial Leasing, expects the size of its earning assets to grow at a fast pace in the next few years along the lines of a 38 per cent rise last year. The growth will
      287 words
    • Article
      In Japan's interest to nurse ailing banking system back to health
      792 6  -  HOCK LOCK SIEW By Anthony Rowley TOKYO The Tokyo stockmarket did the best imitation it could yesterday, given its current enfeebled state, of jumping for joy at the news that the Japanese government appears at last to be coming
      792 words
    • Article, Illustration
      Lock icon Jaya Mutlak sells its 31% stake in Khong Guan
      446 6  -  From Ho Kay Tat in KUALA LUMPUR SHARES of Khong Guan Holdings (M) Bhd took another beating yesterday after its controlling shareholder Jaya Mutlak Sdn Bhd sold off its 31 per cent stake in the company. The share price, which had
      Source: Bloomberg  -  446 words
    • EYE on your STOCKS
      • Article
        MARKET MOOD
        19 6 For next week's expected market sentiment, see BT's Sentiment Index on EL4 (Personal Finance A Investment section)
        19 words
      • Article, Illustration
        HOT STOCK
        111 6  -  By Paul Leo. AMALGAMATED Industrial Steel failed to break its resistance at $4.08 in the past two days despite strong buying interest. Yesterday's volume was 1.57 million shares, lower than the previous day's 2.35 million units but still higher than the 10-day average of 707,000 shares. It is
        111 words
    • SHIPS IN PORT
      • Article
        AT CONVENTIONAL WHARVES
        509 8 m u— Mm. m a.a..1 in■ ikjk i wf m iserm vnvai Mpvivi Jurong Port fcpa 01 M akmgs* 0106/1500 Arctic Voyager ***** 118/19 alongside 03 06/0800 Atsa I 3953E J6 alongside 03 06/0800 SMan Mutya 05/01/95 J1 alongside 03.06/2300 Gtfex Star Y18 112 alongsrfe 03.06/0200 Caraka
        509 words
      • Article
        CONTAINER SCHEDULES
        1582 8 RECEIVING OF EXPORT Fa CONTAINERS AND LCL CARGO Record |hU||/Uki Ms Shp *ty Ho Etb/Bfr Piriod Fran T« Fran Aa Jade 241A 04/0700 28 02/1/00 03/0659 03/0900 4 03/1200 03/1459 03/1/00 fcxLty 063A 03/2000 IB 02/1500 02. ISM 02 1900 2A 02/1700 03/0659 03/0900 Ma Bhun 205S 04/2359
        1,582 words
    • COMPANIES
      • Article
        Lock icon Thai Airways weighs up fleet restructuring options
        331 7 Bloomberg Business News BANGKOK Thai Airways International pic is considering two proposals by a US aviation consultant on how to best streamline its fleet and save US$l25 million (S$ 173.7 million) a year, its president said. Plans to rationalise the airline's fleet have
        Bloomberg Business News  -  331 words
      • Article, Illustration
        Lock icon KL market unimpressed by 808% rise in MAS profit
        443 7 AFP KUALA LUMPUR Malaysia Airlines (MAS) may be flying high with its recently announced 808 per cent jump in pre-tax profit, but stock players are unimpressed by the listed Malaysian carrier, bringing down its share price by nearly 5 per cent
        AFP  -  443 words
      • Article, Illustration
        Lock icon Thai election fever heats up trading on Bangkok bourse
        502 7 Reuter BANGKOK Election fever in Thailand has fuelled heavy speculation in stocks of some companies owned by or linked to leading politicians, analysts said yesterday. "It is possible that politicians are making money from the stock market to finance their political
        Reuter  -  502 words
      • Article
        Lock icon Muhibbah expects 25% returns on airport project
        350 7 MBT KUALA LUMPUR Muhibbah Engineering (M) Bhd and its French joint-venture partner Dumez GTM will get an internal rate of return of some 25 per cent from its build-oper-ate and transfer (BOT) project to upgrade Cambodia's Puchentong airport to international airport status. Muhibbah
        MBT  -  350 words
      • Article
        Lock icon Hicom takes stake in Canadian company
        184 7 Bernama KUALA LUMPUR Hicom Holdings Bhd said it has entered into a joint venture agreement to participate in Siivacom (North America) Industries Inc of Canadian. Under the arrangement, Siivacom would raise its paid up capital to C 512,000,001 <S$ 12,154,801) by issuing 6,000,001 shares
        Bernama  -  184 words
      • Article
        Lock icon M'sian Mosaics sees East Asiatic as property vehicle
        352 7 Bernama KUALA LUMPUR Malaysian Mosaics Bhd, which is acquiring a 55.5 per cent stake in East Asiatic (M) Bhd, expects to use the latter as its property development vehide in Peninsular Malaysia, managing director David Park said yesterday. "The landbanks already owned
        Bernama  -  352 words
      • Article
        GK Goh directors sell shares
        57 7 SINGAPORE G K Goh said yesterday its substantial shareholder GKG Investment Holdings sold five million GK Goh shares on May 31 for $1.65 each. The company said three G K Goh directors Goh Geok Khim, Goh Yew Lin and Lim Keng Jin are deemed to
        57 words
      • Article
        Lock icon JEL in Viet steel joint venture
        63 7 Bloomberg HANOI Singapore's Jurong Engineering (JEL) has signed a joint venture with Vietnam's state-owned Song Da Hydro-Elec-tric Company to build a $10 million steel plant in southern Vietnam. An application to license the joint venture has been made to Vietnam's State Committee for Cooperation
        Bloomberg  -  63 words
      • Article
        Wing Tai, CityDev answer SES
        69 7 SINGAPORE Wing Tai and City Developments confirmed yesterday they had begun marketing 71 condominium units at 27 Claymore Road. They were responding to a stock exchange request for confirmation of a Business Times report on June 1. Wing Tai Holdings has a 50 per cent
        69 words
      • Article
        Ssangyong arm sells stake
        51 7 SINGAPORE Ssangyong subsidiary Vermiculite Industries has sold its entire 51 per cent interest in De Neef Far East Trading to Union Societe Financiere for $513,000. Vermiculite's holding comprised 153,000 shares of $1 each. Following the sale De Neef Far East Trading is no longer a Ssangyong
        51 words
      • Article
        Oakwell raises holding in associate
        59 7 SINGAPORE Oakwell Engineering has upped its stake in associate company Brochier-Oakwell from 80,(XX) shares to 120,000 shares. Oakwell paid for $40,000 for the additional shares. Brochier-Oakwell has also increased its issued and paidup capital to $300,000 by alloting 100,000 more shares at $1 each. Brochier-Oakwell
        59 words
      • Article
        JEL's reply on figures
        56 7 SINGAPORE Jurong Engineering told the stock exchange yesterday its $600 million sales target and $24 million profit target for 1997 were preliminary management targets and not sales and profit forecasts. The figures were published in the group's in-house electronic bulletin, where JEL also said it would
        56 words
      • Article
        Lock icon Sapura Telecom lifts profit
        46 7 Bernama KUALA LUMPUR Sapura Telecommunications reported a group pre-tax profit of M 541.26 million (5523.21 million) for the year to Jan 31, 1995, compared with M 537.93 million previously. Group turnover surged to M 5303.61 million, from M$ 189.91 million previously. Bemama
        Bernama  -  46 words
      • Article
        Lock icon Sime Darby's Philippine project
        75 7 Reuter MANILA Sime Darby Bhd is leading a consortium of Malaysian companies in a $12 million palm oil and rubber plantation project in the Philippines. Sime Darby executive deputy chairman Tunku Ahmad Yahaya disclosed the move during a call on President Fidel Ramos, a spokesman for
        Reuter  -  75 words
      • Article
        Untitled
        2134 7 Naaaavs prim (I) Jun 3 A 5 Sh Greater Cbuu Fd 1.00 -0 tlmwmnarm lUt T—» Mendaki Gr Fund 104 I 07$ SMgapore UIHI Iran US Gr Fund 1.02 1.06 s The Commerce 1.62 l.7l*d lutB The Savings Fund I.St 1.67 WB MM Mgt Ltd S pore Prof Fund 0.63
        2,134 words
      • Article
        Lock icon Securicor drops talks on Cellnet sale
        91 8 Bloomberg Business News LONDON UK Securicor Group pic said it has dropped talks to sell its 40 per cent stake in mobile telephone company Cellnet Group Ltd to majority holder British Telecommunications pic because of regulatory hurdles. The UK Department of Trade and ladustry
        Bloomberg Business News  -  91 words
      • Article, Illustration
        Lock icon Family wins First Citizen award
        79 8 Reuter SEATTLE The Gates family posing with the 1995 First Citizen award in Seattle on Thursday, the first time in the award's 57-year history that a family is honoured. The award honours local leaders who dedicate themselves to community icrvice, and encourage others to be
        Reuter  -  79 words
      • Article
        Lock icon Japan firms buy into Korean company
        61 8 AFP TOKYO Japanese trading house Itochu Corp and Sumitomo Light Metal Industries Ltd said yesterday they would acquire a minority stake in South Korean aluminium manufacturer Kyungwoo Precision Industrial Co Ltd. The two companies will each invest 50 million won (5591,200) with each taking
        AFP  -  61 words
      • Article
        Lock icon Kobe Steel, Mitsui in US venture
        70 8 AFP TOKYO Kobe Steel Ltd said yesterday it planned to set up a 50-50 joint venture in the US with Mitsui and Co Ltd to study the feasibility of producing hot briquetted iron for use in electric arc furnaces. The project will cost about
        AFP  -  70 words
      • Article
        Lock icon Konica to shift plate making to US
        56 8 AFP TOKYO Japan's Konica Corp will move all of its plate making and printing operations for overseas bound products to its US subsidiary, Konica Imaging USA Inc, officials said yesterday. The nation's second largest producer of photosensitive materials expects to complete the shift
        AFP  -  56 words
      • Article
        Lock icon Intel to invest US$30m in new Shanghai chip plant
        429 8 Reuter SHANGHAI US semiconductor giant Intel Corp said it would invest US$3O million (Ss42 million) in the first phase of a world-class microchip assembly and testing plant in China's largest city, Shanghai. "We will import finished silicon wafers, cut them up,
        Reuter  -  429 words
      • Article
        Lock icon Qantas privatisation kicks off tomorrow with ad campaign
        388 8 AFP, Reuter SYDNEY One of the biggest and most important sales in Australian history, the privatisation of international flag carrier Qantas Airways Ltd, will be launched with a national advertising campaign tomorrow. Qantas and the government jointly announced the campaign yesterday, inviting
        AFP,; Reuter  -  388 words
      • Article
        Lock icon StanChart to sell equities arm: report
        276 8 Reuter HONGKONG Standard Chartered pic will sell more than 80 per cent of its brokerage arm Standard Chartered Securities to a group of its own managers and a Thai banking group, the South China Morning Post newspaper reported. The Post said that according to
        Reuter  -  276 words
      • Article
        Lock icon Renison says it has control of Pancon
        230 8 Reuter SYDNEY Australian miner Renison Goldfields Consolidated Ltd said yesterday it had won control of Pancontinental Mining Ltd (Pancon) after a three-month takeover battle and created one of Australia's largest gold producers. Within the first 30 minutes of the Sydney market opening, Renison
        Reuter  -  230 words
      • Article
        Lock icon Advance Bank to buy Bank SA for A$730m
        157 8 AFP SYDNEY Australia's regional Advance Bank Ltd announced yesterday it would acquire the former State Bank of South Australia, now Bank SA, for AS73O million (***** million). In a statement to the Australian Stock Exchange, Advance Bank also said it planned to
        AFP  -  157 words
      • Article
        Lock icon One in 3 Japan firms earning more overseas than at home: survey
        281 9 AFP TOKYO A third of the Japanese companies to have already released their group results for the year to March were more profitable in overseas markets than Japan, according to a survey published yesterday. The survey, published in
        AFP  -  281 words
      • Article
        Lock icon Toyota Japan's most profitable firm, Sumitomo Bank leads losers
        646 9 Bloomberg Business News TOKYO Toyota Motor Corp, Japan's largest car maker, scored the highest profit among the more than 2,000 listed Japanese companies that have reported earnings for the year ended March 31. At the end of the earnings pack was
        Bloomberg Business News  -  646 words
      • Article
        Lock icon Mazda narrows loss, recovery still in doubt
        312 9 Reuter TOKYO Troubled Mazda Motor Corp managed to shrink its group net loss last business year, but industry sources said the company, one of Japan's five biggest car-makers, may be too optimistic about its recovery this year. Mazda, owned 24.54 per cent by
        Reuter  -  312 words
      • Article
        Lock icon MCI to buy conferencing firm for US$32m
        191 9 Bloomberg Business News WASHINGTON MCI Communications Corp said on Thursday it agreed to buy closely held Darome Teleconferencing Inc for US$32 million (Ss4s million) in cash and stock. Chicago-based Darome is the leading provider of financial and investor relations conferencing. Washington-based MCI provides
        Bloomberg Business News  -  191 words
      • Article
        Lock icon Former Paramount chief teams up with Sony
        437 9 Bloomberg Business News NYT, NEW YORK Stanley JafTe, who was dismissed as president of Paramount Communications after it was acquired by Viacom Inc last year, has struck a deal with Sony Pictures in which Sony would invest US$75 million (Sslos million) in his
        Bloomberg Business News; NYT,  -  437 words
      • Article, Illustration
        Lock icon The big push
        72 9 Reuter LEWISVILLE, Texas K mart employee Don Kammerer steering a bunch of shopping carts that read "Thank you for shopping K mart" into a hay on Thursday, after hearing that this store along with some others across the United States will be closed later this year in
        Reuter  -  72 words
      • Article
        Lock icon Kia takeover talk unrealistic: Seoul analysts
        426 9 Reuter SEOUL Share analysts brushed aside as unrealistic yesterday market talk that Kia Motors Corp, South Korea's second largest car-maker, could become the target of a hostile takeover. But the talk, sparked by news reports that the diversified Samsung Group could renew its takeover
        Reuter  -  426 words
      • Article
        Lock icon Price war erupts in Japan's video game industry
        285 9 Reuter TOKYO Competition is hotting up in Japan's video game industry as top makers fight a price war over new-gen-eration game players. Sony Corp said earlier this week it will introduce a new, cut-price version of its 32-bit video game system Play
        Reuter  -  285 words
    • FINANCE & COMMODITIES
      • Article
        Lock icon Tanayong to drop Bangkok Bank from mass transit project
        421 10 Bloomberg Business News BANGKOK. Tanayong pic plans to drop Bangkok Bank pic as financial adviser on its US$l.64 billion (552.2 billion) mass transit project in favour of Siam Commercial Bank pic, a senior Tanayong executive said. "Bangkok Bank has not been
        Bloomberg Business News  -  421 words
      • Article, Illustration
        Mixed outlook for the greenback
        432 10 DBS Bank weekly currency review USVDM: heading for 1.4630 or 1J450? AFTER taking a dive to 1.3723 last week, there was no follow through on selling pressure this week. US$/mark climbed gradually 1.3935 in the first two days of the week before a surprise intervention
        432 words
      • Article
        Lock icon Shanghai bank curbs yuan loans
        175 10 AFP SHANGHAI The Shanghai branch of the People's Bank of China has halted the extension of yuan loans against foreign currency deposits, news reports said yesterday. The move, which took into consideration China's burgeoning foreign exchange reserves, is aimed at slowing overheated capital construction and
        AFP  -  175 words
      • Article
        Tokai's new securitisation method
        53 10 TOKYO Tokai Bank Ltd said yesterday it would sccuritise 10 billion yen (SSI64 million) of advances using a "loan participation" method, the first time a Japanese bank has adopted this method. The Nagoya bank said the move camc after the government lifted bans preventing the practice
        53 words
      • Article
        Lock icon Credit Lyonnais sues Societe Generate
        63 10 AFP AFP PARIS Credit Lyonnais bank has sued its private rival Societe Gencrale for "unfair competition and misleading advertising" and is demanding a symbolic one franc (27 Singapore cents) in damages, Societe Generate said on Thursday. In a communique, Societe Generate said Credit Lyonnais "is
        AFP  -  63 words
      • Article
        Lock icon S Lankan expats set up bank
        73 10 AFP COLOMBO A group of expatriate Sri Lankans is setting up a new commercial bank here with initial capital of US$B million (5511.2 million) to fund import-export trade within the Asian region, promoters said yesterday. The Pan Asia Bank bank will formally open in
        AFP  -  73 words
      • Article
        Lock icon Vontobel to buy into Austrian bank
        56 10 Bloomberg Business News ZURICH Vontobel Group, a Zurich private-banking company, said it will take an 80 per cent stake in Austrian bank Bankhaus Bcrger Co and thus get a banking licence in the European Union. The Salzburg bank will issue shares and become Bankhaus
        Bloomberg Business News .  -  56 words
      • Article
        Lock icon Indian banks told to pay attention to efficiency, debt recovery
        271 10 Reuter BOMBAY India's central bank yesterday urged statedominated commercial banks to be more cautious in their lending programmes, pay more attention to recovery of bad debts and boost efficiency to compete in a liberalising economy. In its annual report on
        Reuter  -  271 words
      • Article
        Lock icon HK raps Morgan Stanley Asia
        125 10 Reuter HONGKONG The Securities and Futures Commission said it has reprimanded Morgan Stanley Asia Ltd for allowing four employees to perform the functions of a dealer without being registered. The SFC said in a statement on Thursday that its investigation covered the period from February
        Reuter  -  125 words
      • Article
        Lock icon Viet central bank cancels order for short-term lending rate cut
        303 10 AP HANOI Vietnam's central bank has cancelled an earlier order that commercial banks reduce their short-term lending rates, an official report said yesterday. The state-run Vietnam News gave no explanation for the decision, and State Bank of Vietnam officials could
        AP  -  303 words
      • Article
        Oil futures rise
        306 10 LONDON Oil futures rose in London and New York, even as the Brazil oil workers union recommended that its members end their 31-day strike yesterday. Members were scheduled to meet yesterday to discuss the proposal by the Federacao Unica dos Petroleiros, or FLIP, an umbrella group of
        306 words
      • Article
        Lock icon LONDON
        194 10 Reuter LONDON The dollar closed lower in Europe, down a pfennig and a half against the mark and also weaker against the yen after a shock drop in US non-farm payrolls in May. The dollar dropped to a low of 1.3910 marks on news that non-farm payrolls dropped 101,000
        Reuter  -  194 words
      • Article
        Lock icon NEW YORK
        100 10 Bloomberg Business News NEW YORK The dollar rebounded from losses it suffered in the wake of a weak employment report amid concern the US government would launch a dollar-buying spree to bolster the currency. "Everybody sold dollars this morning, but people were quick to buy them back for
        Bloomberg Business News  -  100 words
      • Article, Illustration
        Untitled
        1185 10 Tmde-wetffned index cakulated against S'porr s lop 14 trading partner*. Base year IMS US$/S$ forward rates Noon /Jun 2 S$ Bid Ofcr 1-month 1.3834 I.3M9 2-month 1.377J 1.3790 3-month 1.3723 1.3740 6-monlh 1.3587 |Jt07 Source: OCBC FOREIGN CURRENCY NOTE RATES As at 9am m km 2 Simport dollar* to oat
        1,185 words
    • COMMODITIES & FUTURES
      • Article
        Lock icon Euroyen ends lower after early rise
        1288 11 Reuter SINGAPORE Simex Euroyen futures ended lower in choppy trade and Eurodollars also closed easier. Dealers said the Euroyen market opened sharply higher but fell on heavy selling and profit-taking. In late afternoon it climbed again as the dollar weakened against the yen. 'There
        Reuter  -  1,288 words
      • Article
        Bullish London mood lifts KL tin
        674 11 COMMODITY REPORTS KL Tin THE Kuala Lumpur Tin Market ended 70 sen higher to M$ 15.30 per kg, in line with the bullish performance of the London Metal Exchange overnight. On the LME, the metal price jumped US$36O due to the short-covering activities following
        674 words
      • Article
        Colombia reduces internal coffee price
        86 11 BOGOTA Colombia reduced the internal coffee price paid to growers by 1.12 per cent, effective yesterday, the Colombian National Coffee Federation announced. The internal price fell to 206,875 pesos per 125-kilogram load from 209,125, according to a federation communique. This was the sixth decrease in
        86 words
      • Article
        Japan aluminium products output up
        82 11 TOKYO Japan's production of secondary aluminium ingots, aluminium alloys and related products totalled 77,571 tonnes in April, up 1.8 per cent from a year earlier, according to a report released by the Japan Secondary Aluminium Alloy Association. Shipments were 77,434 tonnes in April, up 0.6
        82 words
      • Article
        US zinc imports seen falling
        93 11 WASHINGTON US zinc imports are expected to fall in the second half of fiscal 1995, which ends on Sep 30, as demand eases and the pace of stockpile sales picks up, government analysts said. Overall, zinc imports in fiscal 199S should fall about 6.3 per
        93 words
      • Article
        US tinplate shipments back to normal
        60 11 WASHINGTON Shipments of tinplate by US steelmakers to canning companies are returning to normal levels after a sharp drop in April and early May, industry sources said. Tinplate, or tin-coated steel, is almost exclusively used in food containers, with 4.2 million short tonnes shipped
        60 words
      • Article
        COMMODITY PRICES
        1395 11 SICOM Futures Jun 2 Rubber Physical Pricas (futures ciastng as at 5.34pn) RSS 1 Contract (Scents/kg) As at 12 mm (Scents/kg) Close Volume Open Month High Low Sett (tonnes) Interest RSS 2 Jul 95 227.23 228.25N 219.00 219.00 219.00 25 2025 RS S 3 Jul 95 226.25 227.25N
        1,395 words
    • REGIONAL STOCK MARKETS
      • Article
        Manila
        569 12 +21.95 Philippine share prices rose by 0.78 per cent in yesterday's trading, boosted by foreign buying on selected blue chips. "The market opened strong especially on foreign buying on (oil refiner) Petron Corp and Philippine National Bank (PNB),' said Jonas Ferrer, research director at Pryce Securities Inc. The Philippine
        569 words
      • Article
        New Zealand
        376 12 12.25 Shares ended firmly on light turnover, the highlight being an explosive surge in The Warehouse's share price after it announced a very strong result and bonus issue. The NZSE-40 Capital Index ended 12.25 points higher at 2,123.06 on turnover worth just NZ$32 million. The Warehouse shot up
        376 words
      • Article
        Seoul
        408 12 +2.81 South Korean stock prices closed 0.3 per cent higher yesterday, with blue chips leading rises before the scheduled entry into the market of US$lOO million (SSI39 million) in foreign funds. "Blue chips and low-priced shares, which are expected to be favoured by foreign investors, led rises," said Yang
        408 words
      • Article
        Australia
        1028 12 -14.3 Australian shares drifted to close 0.7 per cent lower yesterday with jittery investors hiding in the wings amid concerns surrounding the local dollar, Wall Street and a weakening gold sector. "It is a bit of a surprise. Once again the market seems to be second guessing the US
        1,028 words
      • Article
        Bombay
        156 12 -24.99 Shares on the Bombay bourse fluctuated before ending lower as operators sold towards the close, brokers said. They said mid-session gains were erased as operators booked profits ahead of the weekend, pulling prices down. The 30-share index of the Bombay Stock Exchange (BSE) moved between a high of
        156 words
      • Article
        Untitled
        391 12 Taipei Jm i rs \m Advanced 32 10 0 20 2753 Asia Cement 51.00 100 2102 Cathay Conar 16 10 100 MM Cathay Life la> 141.00 I 00 1440 Chaac Hwa Baak 107 00 050 424« Cheat Loom 3200 t 030 2971 ChaHiu (meal 11.70 200 II5M Clua Hw Flow
        391 words
    • WORLD STOCK MARKETS
      • Article
        Now York
        724 12 -11.42 Stock prices turned mixed in heavy trading early yesterday on the New York Stock Exchange, reversing earlier sharp losses on the hopes the Federal Reserve will lower interest rates. Prices had gone into a tailspin minutes after the opening as investors digested a weak reading on the
        724 words
      • Article
        London
        794 12 +4.4 Blue chips closed narrowly mixed, but managed to push the FTSE 100 Index to a fresh 1995 closing high after Wall Street rebounded from a sharp sellofF at the open prompted by startingly weak US jobs data, traders said. The FTSE 100 Index of leading UK shares ended
        794 words
      • Article
        Frankfurt
        164 12 +9.88 German share market was maintaining modest gains in thin post-bourse afternoon dealings after bourse trade ended higher and at the day's high. The DAX Index ended the bourse trade up 9.88 points at 2,136.26. The 30-share Ibis DAX was up 17.21 points at 2,136.49. Frankfurt Jm 2 DM
        164 words
      • Article
        Zurich
        248 12 -2.5 Swiss shares ended slightly lower following the weakness of dollar in the afternoon after the US May employment report and the index of leading indicators for April showed a much weaker than expected US economy, dealers said. The slow beginning on the Wall Street dampened the sentiment further
        248 words
      • Article
        Milan
        146 12 -0.22 pc Italian shares climbed back from afternoon lows led by a slump on Wall Street after weak US jobs data confirmed fears of a slowing US economy, traders said. Traders said Italian market volumes were slender throughout the day, with morning business static ahead of the US data.
        146 words
      • Article
        Johannesburg
        317 12 +38.7 South African shares finished well up yesterday, shrugging off weak US jobs data and its subsequent Wall Street declines, dealers said. Traders said demand had continued in afternoon trade, while golds ended mostly steady but off highs in quiet trade. The Overall Index was 33.9 points better at
        317 words
      • Article
        Toronto
        283 12 +0.69 Stocks slowly recovered trom early losses after weak US jobs data spurred fears of a sharp economic slowdown in North America, traders said. The TSE 300 Composite Index edged up 0.69 points to 4,445.00 on 18.00 million shares valued at C 5293.00 million. However, declining stocks still outpaced
        283 words
      • Article
        Paris
        133 12 +10.50 French shares ended higher as some market professionals hoped the latest unemployment US data would lead to a cut in American interest rates as the economy weakened, with positive implications for Europe, traders said. Generally, trading was calm ahead of the long weekend, with the bourse closed on
        133 words
      • Article
        Amsterdam
        212 12 -1.85 Dutch shares plunged lower in later trade, sparked into a tailspin by a 38-point drop on the Dow Jones when it opened at 1330 GMT. The AEX Index later recovered slightly, but still closed 1.85 points lower, wiping out some of Thursday's 3.43 gain. Amsterdam Ja 2 Si
        212 words
      • Article
        Brussels
        204 12 •2.80 Belgian shares closed quietly lower on some profit-taking ahead of the long holiday weekend and amid confusion about the hectic reactions of the dollar, on bond markets and on Wall Street after the release of surprisingly weak US May jobs data. The Bel-20 Index of leading shares closed
        204 words
      • Article
        Stockholm
        118 12 +o.lpc The bourse closed 0.1 per cent higher on choppy and rumour-driven trade. The OMX Index closed at 1,266.51 after touching an intra-day record of 1,273.82 in mid-afternoon. The index fell sharply before closing and was down 0.6 percent 15 minutes before closing. Volvo, the day's third most-traded share,
        118 words
      • Article
        Untitled
        505 12 Vienna Ju 2 Asch ATX.I 1052 6 Bank 4intra AG 459 uncti CreditaiMU* *04 7 EVN 1422 -f 5 n#Ai 490 7 Lcnzinf «95 Lcykam 425 2 Mjcuian HM VZ 401 I OMV AG 1103 JJ Radri HerakJMk JS4 unch VA Tcchaafan 11*1 10 VatMMlACK 714 undi WmatKii MJO StMitr
        505 words
    • Article, Illustration
      Lock icon TOKYO
      2477 13 AP, Bloomberg Business News TOKYO Share prices rallied yesterday for a second consecutive day as traders welcomed a government plan to address massive bad loans held by Japanese financial institutions. The dollar was mixed against the yen. Finance Minister Masayoshi Takemura told a news conference that the ministry will
      AP,; Bloomberg Business News; Source: Bridge Info  -  2,477 words
    • Article, Illustration
      Lock icon BANGKOK
      1524 13 AFP BANGKOK Thai share prices closed 0.38 per cent higher yesterday, riding the strength of the bull run on Wall Street, brokers said, but while the advance in New York boosted the bourse slightly, investers remained cautious. "They do not have full confidence in the market," said Issaraphol Kansorn
      AFP; Source: Bridge Info  -  1,524 words
    • Article, Illustration
      Lock icon JAKARTA
      1154 13 AFP JAKARTA Indonesian share prices closed 1.6 per cent higher yesterday with local buyers, who expect interest rate cuts, maintaining the momentum from the previous day's rally. "All in all it has been a good day," said Jardine Fleming Nusantara institutional sales director Hugh Warrender, adding: "With Hongkong closed,
      AFP; Source: Bridge Info  -  1,154 words
    • Article
      CLOB INTERNATIONAL
      2356 14 Gr Gr IMS Lot Vol Day U«QMi M> Dl> VU NM MC« High Law Cm; l ij Suit (WO) High Low Buyrr Seller CV P/E tail MALAYSIAN STOCKS 47* 146 m ABB 50c 386 -2 IMS 406 («4 m 390 30 -29 0.2 39 6 127 77.3 m
      2,356 words
    • KUALA LUMPUR STOCK EXCHANGE
      • Article, Illustration
        Lock icon Telekom Malaysia leads stock advance
        6699 14 Bloomberg Business News KUALA LUMPUR Stocks were mixed as gains by Telekom Malaysia Bhd were balanced by declines in Malaysian Airline Systems Bhd and other companies whose earnings may not meet expectations. "At this stage, people are taking a deep breath and wondering how much
        Bloomberg Business News; Source: Bridge Info  -  6,699 words
    • STOCK EXCHANGE OF SINGAPORE
      • Article
        Untitled
        8543 15 „>99S Lart Val Da; Last Qmu Dk H> n U Cm A<| High Lot Ciam, Saw CM*) Higk Ln Bayer SelWf O P/l %mU Prfca M0USTK1AL AMD COMMERCIAL 412 3*2 ml i Acma SOc 470 cd +12 163 474 460 468 470 2X3 2.4 9 1 647 9 454 450
        8,543 words
      • Article, Illustration
        Lock icon Trading mixed with prices in narrow bands
        1843 16  -  R R Sivanithy SINGAPORE Support for blue chips here and in Malaysia continued yesterday, but activity in the broader market quietened after Thursday's powerful surge. The result was a mixed day, with prices trading in narrow bands. Trading during the morning session was
        Charts by Bridge Info; Source: Bloomberg  -  1,843 words
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      Page 6 Advertisements Column 1
      205 6 NEWS VALUE Tokyo plans urgent package for bad debt problem (pg I) Tokyo market has responded to recent measures as "too little, too late". Latest package could be no exception. Dr Mahathir hints that interest rates unlikely to rise (pg I) Should provide strong underpinnings for the stock market in
      205 words
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  • Page 7 Miscellaneous
    • Miscellaneous
      Page 7 Miscellaneous Column 1
      69 7 7|X u)f\S UMTiLTUG 1 ftT*V WORD —%Tej?SOM of pPiRTV VR&MTING BROKE. 00T....y FVeUC ?£Lf\T,ONS PrCKS ft J VLftsr NIGHT Jit=;r \MeFTy PU»CH... —V <?\ POONESBURY GARRY TRUDEAU M v AfoMMTPO ItAH.BUT ITDO&neWtAIM H&f, PONT WORRY ffl JHM& VOUMMIWsr WfIHt9tHN6I*SHOMN6 ABOUTMB,BLR-~/F I B00P&5 /a/ rrfSnr si*es*'post- up in familyMeMaa&. wo! icoulo
      69 words
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      Page 9 Advertisements Column 1
      216 9 The First International Business Hotel In Yangon Officially Opens Hi Ml} -T M ESiyßfl^l B p* jb m jBhWI -j Since our soft opening in December 1994, Summit Parkview has been offering the finest international-class guest rooms and most modern amenities to businessmen and tourists visiting Yangon. Now with our
      216 words
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      Page 11 Advertisements Column 1
      269 11 TIMES EHKEBEBCBBBI^E TOLL-FRRR TEL. No. 1-000-741-1883 I'A X :741-12M IN THE MATTER OF THE COMPANIES ACT, CAP.SO ANO IN THE MATTER OF WEKO ENGINEERING PTE LTD (In Members' Voluntary Liquidation) Alan Extraordtoary General Moating of the Company naW on 1«h May 1995 at 300 Beach Road #04-02 The Concourse Singapore
      269 words
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      Page 11 Advertisements Column 2
      21 11 As and when the latest I fmdoai 7 Rotterdam prices are not available, the previous trading day's figures are carried instead.
      21 words
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      Page 12 Advertisements Column 1
      135 12 "The cabin is a triumph. "if cars were sold exclusively "Along with the wood and "The use of wood is subtle and Fine leather and wood blend on showroom appeal, then we leather, the 820 comes with pleasing, the leather trim is perfectly to create an ambience would not be
      135 words
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  • Page 13 Advertisements
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      Page 13 Advertisements Column 1
      25 13 The Hongkong market was closed yesterday for a holiday 0 Legal discourses in digestible portions. The Law Page. Every Thursday. Business Times WE KNOW ASIA
      25 words
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      Page 14 Advertisements Column 1
      111 14 IStop by any Hong Leong Finance or Singapore Finance branch with your share scrips, allocation slips and contract notes. NiM Btectke Discounted* %m--gf Receive cash over the counter up to 70V of the current j month 0.9 10 89 W market value or cap price (whichever is lower). Jr 2
      111 words
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  • Page 16 Advertisements
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      Page 16 Advertisements Column 1
      907 16 TOLL-FREE TEL. No. 1 -800-741-1883 lAX 741 -1298 COSCO INVESTMENT (SINGAPORE) LIMITED (Incorporated in Republic of Singapore) NOTICE OF ANNUAL GENERAL MEETING NOTICE 18 HEREBY QIVEN that the Annual General Meeting of the Company will b« held at Orchard Hotel, Kingfisher Room, Level 4.442 Orchard Road, Singapore 0923, on Monday,
      907 words
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      Page 16 Advertisements Column 2
      12 16 EFFECTIVE RECRUITMENT ADVERTISING. ITS ONLY A CALL AWAY~ romhm W 'to*sn» t-800-741-1883
      12 words
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      Page 16 Advertisements Column 3
      669 16 Wngapof Cl—lng Shmrm Pwiem 2/06/I#— JT CIOM NW LOW Mil im un M u8 r a. oo «*o rfiSßl U4 Ml M 4 Ul LWJ B*|hn» OM O.M O.t7S MM BJ'S HM§hM| iMi 5.04 tO4 104 SjM 111 Oriental I.M IJ4 I.M 1J« Jar Ana Strategic Warrants M OJI OJ4I
      669 words
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      Page 16 Advertisements Column 4
      218 16 IN THE MATTERS OF THE COMPANIES ACT (CHAPTER 50) AND tl THE MATTER OF SMGAPORE IVORY ARTS CO. (PTE) LTD. (In Liquidation) MEMBERS'VOLUNTARY WNXNG-UP NOTICE IS HEREBY GIVEN that pursuant to Section 306 of the Companies Act, (Chapter 50) that the Final General Meeting of the Members of the abovenamed
      218 words
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  • Executive Lifestyle
    • Article, Illustration
      Picking the ace of clubs
      1721 17  -  New clubs are mushrooming even as prices of existing memberships fall. So are they still good buys? Donald Turner reports Donald Turner WITH few exceptions, social club memberships have made first-rate investments in the past few years. But competition fton new ct&bc, a weak stock
      1,721 words
    • STRAWS IN THE WIND
      • Article
        A-hole in one
        68 17 A BRITISH golfer could not believe his luck when his drive from the 17th tee wedged under the tail of a sheep which then wandered 30 metres closer to the hole and dropped it. According to a Reuter report, teacher Peter Croke went on to win the
        68 words
      • Article
        Courteous offender
        53 17 CANADIAN police got a rude shock when they helped pick the winner of a "most courteous driver" contest. They trailed what they thought was a very polite driver, stopped her and told her they were choosing her as the city's best driver, only to And that she was
        53 words
      • Article
        Parental guidance
        34 17 A SHOPPER who did not want his son to inhale the fumes in the supermarket's carpark was heard instructing the lad: "Don't forget to stop breathing when we walk into the carpark."
        34 words
      • Article
        Not all there
        43 17 A MECHANIC was not quite sure what to do when a customer drove her car to his shop and complained of a strange noise coming from the clutch. Was he a bad mechanic? Not really it was an automatic car.
        43 words
    • OPINIONS
      • Article, Illustration
        Body beautiful rejuvenates Moscow
        812 18  -  LETTER FROM MOSCOW John Helmer is tickled by contestants' answers at the recent Top Model of the Year contest JOHN HELMER The writer is BT's Moscow correspondent WHEN Moscow was capital of the Soviet empire in its last days, beauty shows were an odd mixture of
        812 words
      • Article, Illustration
        When women's rights are turned into a wrong
        856 18  -  Neville Stack is aghast at the dotty Labour decision to field only women candidates in some constituencies Neville Stack The writer is a political commentator based in London. He writes regularly for BT AS THE sage George Orwell observed in his satire
        856 words
      • Article
        Hai Sun Hup's shrinking print
        195 18  -  LETTER TO THE EDITOR Denis Distant THE Stock Exchange of Singapore needs to add one more rule to the present requirements covering documents relating to rights issues namely, a rule stipulating the minimum print size. Otherwise, investors will have to cope with application forms in
        195 words
      • Article
        Europe emerges from US shadow
        760 18  -  EU sets own course in Asia, says Shada Islam Shada Islam The writer is a Brussels-based journalist who contributes regularly toBT THE European Union's vigorous public condemnation of US tactics in its car dispute with Japan has startled American officials. For years, Washington relied on
        760 words
    • CORPORATE PROFILE
      • Article, Illustration
        A timber baron with clout
        1889 19  -  Asia's corporate giants Among Indonesia's plywood operators, few dominate the industry like PT Kalimanis Group, controlled by Mohamad 'Bob' Hassan. But why is the man who is widely credited with turning the industry around now under fire? Leslie Lopez reports Leslie Lopez ON HUGE RAFTS,
        1,889 words
      • Article
        Trouble-shooter and adviser
        237 19 THE SON of a tobacco trader whose ancestors emigrated from the Fujian province, Mr Hassan was born The Kian Seng. He converted to Islam when he was a young adult before he moved to the Netherlands for further studies. He returned to Indonesia and began making friends
        237 words
      • Article
        The Apkindo controversy
        422 19 THE ROLE of Apkindo, the Indonesian Wood Panel Association, and Bob Hassans undisputed grip over Indonesia's plywood industry are now in the spotlight. But Mr Hassan is unfazed by the criticisms over his handling of Apkindo. "The main reason for the drop in exports was due to
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    • PERSONAL FINANCE & INVESTMENT
      • BULLS EYE
        • Article, Illustration
          BT SENTIMENT INDEX (Jun 5 – 9)
          544 20 BT SENTIMENT INDEX (Jun 5 9) Those polled on their views of the Singapore stock market for the week ahead: Alliance, Baring, BZW, Daiwa Research, G K Goh, Morgan Grenfell, Nomura, Phillip Securities, Smith New Court and W I Carr. Buy! DBS Investment Research (Jun 2) Tiger Medicals. Tiger Medicals
          544 words
        • Article, Illustration
          In my opinion...
          331 20  -  Gan Tee Jin Managing director G K Goh Investment Research OREIGN interest ■H in the regional A, markets has returned sooner than expected. It is not a flash in the pan, for sure. However, neither is it a signal of another super-bull market. After 15 months of
          331 words
      • Article, Illustration
        LRT a line to overseas projects
        1382 20  -  THE WEEK iUdfiiii By Joyce Quek Apart from dressing up its track record for future marketing efforts, what other attraction does the Light Rail Transit (LRT) contract offer a local company? Not very much in terms of dollar and cents, if the experience of
        1,382 words
      • Article
        Analysts expect Fu Yu's IPO to be well received
        899 20  -  Quak Hiang Whai tells why the plastic injection mouldings maker appeals to brokers Strengths: Biggest plastic injectkxvmouldings producer. Economies of scale. Well-established customers. Strong regional demand for products from telecommunications and electronic sector. Weaknesses: Reliance on three major customers which buy
        899 words
      • Article, Illustration
        Lock icon Day of reckoning is on its way for market
        607 20  -  Eye on the region: Malaysia Malaysian shares look deceptively cheap, warns Martin French Martin French The writer is chief representative of Credit Lyonnais Securities Malaysia ONE of former British prime minister Margaret Thatcher's favourite expressions is that "you can't buck the
        Source: Bridge Info  -  607 words
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        Lock icon Trends in the S'pore economy
        930 21  -  Prospects are bright for shipyards, rig builders and hotels in the Republic, according to SBS HG Asia's Singapore office. Joyce Quek reports Joyce Quek BUSINESS at Singapore's shipyards is picking up so fast that Jurong Shipyard has to turn clients away. Meanwhile, with the world's
        Source: SBS HG Asia  -  930 words
      • Article
        Three steps that could boost price of OCBC shares
        607 21  -  John Engle sees great things in store for the local banking group John Engle The writer is research director at SBS HG Asia WITH three domestic bank licences and two finance company permits, there never was a greater need for the
        607 words
      • Article, Illustration
        How to keep tabs on analysts' forecasts
        1182 21  -  Amy Balan looks at a tool which could help users get the inside track on share prices Amy Balan HAVE you ever sold your shares when a company reported its worst-ever results only to kick yourself when the price began to soar the
        1,182 words
      • Article, Illustration
        Index near its lowest after falling again in May
        302 21  -  The Golf Index By Shahiron Sahari THE Business Times Golf Index fell for the sixth successive month in May, as it slid towards the record low hit in July last year. The index, which tracks the prices of eight local golf
        302 words
    • Article, Illustration
      A right royal romp
      740 22  -  Cinema Reviews By SUSAN TSANG IT IS 1788, and King George 111 of England is nearing his 30th year on the throne. A vigorous, eccentric ruler, he takes pride in being dubbed "Farmer George" by his subjects because of his enthusiasm for creating model farms. He
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      The enemy within
      628 22 SOME Russian rebels have captured a nuclear submarine and nuclear missile base. The USS Alabama, a submarine with nuclear missiles of its own, is despatched to survey the situation and, if necessary, to staunch the Crimson Tide. At the helm is Capt Frank Ramsey (Gene Hackman), a
      628 words
    • Article, Illustration
      Home of the American Dream Home of the American Dream
      1384 22  -  Harish Mehta visits the Vanderbilts' Biltmore House in Asheville, North Carolina a 255-room that's thrice as big as the White House Harish Mehta THE VANDERBILTS just love it when folks come to visit their sprawling Biltmore House in the mountain
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      Lock icon Living it up in Asheville,North Carolina Living it up in Asheville,North Carolina
      679 22 IN THIS PLACE nobody would laugh if you wore Cherokee Indian feathers in your hair and warpaint on your face. Or if you went rock-sliding into a mountain waterfall (but do be careful of getting bloody buttocks). And
      Photo by Harish Mehta  -  679 words
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      The Kinsey report
      778 23  -  Book Review By LINDA COLLINS The writer is an Executive Sub-Editpf with Business Times K is for Killer By Sue Grafton Pan 285 pages, $15.40 MY HOW crime has gone by. Once the private eyes of popular fiction were trench-coated laconic loners, battling bums, booze and broads.
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      Paya Lebar's accessory paradise
      613 23  -  motoring By SAMUEL EE ARE YOU the kind of guy who can spend hours at the hardware store or car accessory shop? Do you even take longer than when your wife goes to the supermarket? If you are, you will love Autobacs. Housed in a two-storey
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    • SPORTS
      • Article, Illustration
        Lock icon Houston Rockets blast off to finals
        565 24 NBA Playoffs AFP, Reuter HOUSTON A year after winning their first NBA championship the Houston Rockets stDl feel they have something to prove as they prepare for a second straight trip to the NBA finals. f "This team feels like we didn't get enough
        AFP,; Reuter; AFP  -  565 words
      • SCORE CARD
        • Article, Illustration
          Cricket
          38 24 LEICESTER, England West Indies beat Leicestershire by 287 runs on the final day of their three-day match on Thursday. Scores: West Indies 468-7 declared and 143-4 declared (S Williams 54). Leicestershire 194 and 130 (K Benjamin 4-50).
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          Cycling
          63 24 BRIANCON, France l our of Italy 19th stage (202 km from Mondovi) Thursday (Race was halted after 1291 un becaase of aa avalanche): I Pascal Richard (Swi) 4hr lmin II sec 2 Rodolfo Massi (Ita) 3 Nelson Rodriguez (Col) all same time. Overall- 1 Tony Rominger (Swi) 84hr lmin
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          Golf
          27 24 LANSING, Michigan LSS6OO,OOO LPGA Oids Classic Ist rd Ihursday (US unless noted): 63 Dale Eggeling 65 Helen Alfredsson (Swe) 66 Jane Geddes, Joan Pitcock, Nanci Bowcn.
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          Tennis
          146 24 PARIS French Open 2ad rd nursday (seeds only) Men: 3Boris Becker (Ger) b Jared Palmer (US) 6-2 6-2 6-2; 6-Michael Chans (US) b Daniel Vacek (Cze) 6-3 5-7 6-4 6-4; 7-Sergi Brugucra (Spn) b Emilio Alvarez (Spn) 6-4 6-4 6-2; 10-Magnus Larsson (Swe) b Hendrik Dreekmann (Ger) 6-4 6-3
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      • SIDE LINES
        • Article
          Lock icon Greg Norman back in fine fettle
          156 24 AFP DUBLIN, Ohio Australia's Greg Norman, coming off a 46-day layoff due to back spasms, fired a six-under par 66 here on Thursday to share the lead in a rain-delayed first round of the US$l.7 million (552.4 million) PGA Memorial. "Maybe 1 ought to
          AFP  -  156 words
        • Article
          Lock icon Walton shares lead in Murphy's Open
          123 24 AFP LONDON Irishman Philip Walton, who has made it clear that he believes the pressure of the Ryder Cup is destroying players, moved near to experiencing it for himself with a superb opening round in the Murphy's English Open here at the Forest of
          AFP  -  123 words
        • Article
          Lock icon Christie beaten by Frankie Fredericks
          113 24 AFP PARIS Britain's world and Olympic 100 metres champion Linford Christie was soundly beaten in his first 200 m outing of the 1995 season here on Thursday night. Namibia's Frankie Fredericks took the tape in 20.41 sec, leaving Christie trailing after a promising start to
          AFP  -  113 words
        • Article
          Lock icon Seoul uneasy about Fifa's move
          115 24 AP SEOUL South Korea, vying to stage the 2002 World Cup soccer finals, said on Thursday that Fifa's plan for an early selection of the host country may help rival contender Japan. The remarks by Chung Mong-jun, head of the Korea Football Association, reflect South
          AP  -  115 words
      • Article
        Lock icon Agassi, Muster win in style
        389 24 French Open AP nuis Top-seeded Andre Afassi rolled to his third straight-set victory* in a row yesterday at the French Open, and Thomas Muster ran his winning streak on clay to 31 with an equally devastating performance. The third-round victories kept the two on a
        AP  -  389 words
      • Article, Illustration
        Lock icon Scotland-France showdown continues intriguing rivalry
        568 24 RUGBY WORLD CUP -1993 AP, Reuter PRETORIA, South Africa One captain has set several scoring records, leads the tournament in points and is a legend back home. The other believes he will be ousted if his side loses. Today's Rugby World Cup Pool D showdown
        AP,; Reuter  -  568 words
    • PEOPLE
      • Article, Illustration
        Executive search specialist Morgan & Banks takes off in Singapore
        301 24 Executive search specialist Morgan Banks takes off in Singapore MORGAN Banks, Australia's largest executive search specialist, hosted a cocktail gathering at the Pinetree Town Country Club on May 29 to mark the launch of its Singapore operations. Some 70 CEOs and human resource directors from local and Singapore-based multinational corporations
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    • TIME OFF
      • Article, Illustration
        Little helpings of happiness
        733 25  -  Corinne Kerk enjoys good food and great ambience at Omni Marco Polo's vibrant, colourful Tapas Bar Corinne Kerk A SPANISH craze seems to be making its way around town. First, a Spanish wine bar disguised as a provision store opens. And now, a tapas bar joins
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      • Article
        PERFORMANCES
        187 25 Land of a Thousand Dreams A musical comedy with script by playwright Ovidia Yu. It chronicles the twists and turns in the lives of two local families. The production marks NTUC Income's 25th anniversary and includes a performance by the Shanghai Philharmonic Orchestra. June 9-11 (Bpm) A matinee on
        187 words
      • Article, Illustration
        FESTIVAL OF ASIAN PERFORMING ARTS
        409 25 Shanghai A Dance Troupe This 65-strong Shanghai troupe will make its debut in Singapore with its production of Golden Dance of Dynastic China. June 2 A 3, Bpm A 3pm (Matinee on June 3), at Kallang Theatre. Tickets at $41, $31. $21 A $10 available
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      • Article
        CONCERTS
        178 25 Four Hands Piano Recital Almerindo d'Amato and Caterina Vasaturo from Italy will perform a piano recital which includes FBusoni's Danze Finlandesi Op 27, Maurice Ravel's Rapsodia Spagnola and Rachmaninoff's Sei Pezzi Op 11. June 3. Bpm at Jubilee Hall, Raffles Hotel Tickets at $40. $30. A $20 are available
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      • Article
        EXHIBITIONS
        335 25 The Wirgman Engravings On display are hand-coloured engravings depicting life in the Far East, between 185/-1887, taken from pen-and-ink sketches and watercolours by British artist Charles Wirgman (1832-1891). Antiques of the Orient, *02-04. Tanglin Shopping Centre. Father Figures A look at men in various scenarios, occasions, settings and moments
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      • Article
        TALKS/COURSES
        213 25 Tifc on Indian Classical Music Ms Dhanadevi Suppiah from the Indian Fine Arts Society will introduce the distinctive features of Indian Classical Music such as the ragas (music scales and melody) and the thalaas (rhythm and beat) through a combination of songs and music. June 3. 2.30pm to 3.30pm
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      • Article
        MISCELLANEOUS
        106 25 Walt Disney Classics on Sentosa Walt Disney comes alive at Sentosa during the June school holidays with lots of fun activities like life-sized board games, screening of special Disney videos, contests, an art competition and story-telling for children. Until June 18, 10.30 am to 7.30pm at Ferry Terminal. Sentosa.
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      • Article, Illustration
        AT THE SUBSTATION
        86 25 VSA Exhibition '95 On display are works by six artists, selected for the strength and individuality of their expression. Until June 11, 11 am to 9pm at the Substation Gallery. Admission is free. 1 jj isj Four ftml A Half Robots Choreographed by Lim Chin Huat, this
        86 words
      • Article
        TICKETING
        143 25  -  Compiled by Toh Yong Choon 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 Hall and the Singapore Indoor Stadium. Hotline: 348-5555. Ticketcharge outlets are at
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    • EPICURE
      • Article, Illustration
        Lock icon Savouring the sweet life
        587 26  -  BwAppeW By SUSAN TSANG WITH so many pasta joints, do we need another Italian restaurant? When the restaurant is named after a Fellini movie, and has a few posters and a photograph of a young Marcello Mastroianni, it seemed worth taking a trip to Marina Park
        Photo by Chris Loh  -  587 words
      • Article, Illustration
        Repertoire of delights
        445 26  -  By CORINNE KERK YET ANOTHER Italian restaurant which has opened its doors is Ristorante Caruso. Starting last month, the Elizabeth Hotel converted its dining room into an Italian joint named after the famous Italian opera singer Enrico Cahiso. Located next to the hotel's pool, Ristorante Caruso is
        445 words
      • Article
        A word of caution about wine merchants
        798 26  -  Wine By N K YONG A FEW sorry tales of past and present expensive purchases gone sour, literally and figuratively, brings up the old advice Caveat Emptor or buyer beware. Those who have been caught once know better now. You would not buy
        798 words
    • Article, Illustration
      CINEMA
      997 28 A Goofy Movio. Goofy takes his reluctant teenage son on a fishing trip. Yishun: 10.20; 12.25pm. Bishan 10.15; 12.05pm. Pavilion: 11.15 am. Jurong: 10.45; 12.45; 2.45. Changi: 5.30. Boforo Saariio. Two twentysomethings (Julie Delpy and Ethan Hawke) spend an evening chatting. Lido: 10.45; 1.15; 3.45; 6.30; 9. Boys Oa
      997 words
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      96 17 JUST DESERTS Legal discourses In digestible portions. The Law Page. Every Thursday. BusinessDmg> >■ T Jr >'»rfTkir- w M 1 *jSkl&Mfjt 'afcT^ J| B|i)HW(> tr^fJAkV* MV %fr f~.L i& ■I N [r. fll V-' i ¥i3i^BHjl^^Hl Ai& < Y T :,^^a9^l^Bmi^ML.: ftgr ji*-: Jiai^B^— j3 **ew gr gfriafSraß^asE^Bi g- ■■g
      96 words
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      28 18 DOLLARS SENSE €1% You don't have to be an Einstein J to get relatively good returns. fW? V Personal Finance Investment. v. y Every Saturday. Business Times *tn*owAJU
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      49 21 You may have been unable to get your Business Times, Straits Times, Sunday Times, LianHe Zaobao and other daily newspapers from your usual newsstand because of the higher demand lately. To ensure a daily copy, call Customer Services Section on 1800-749-2577, and ask for home or office delivery service.
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      19 26 PORT SHOTS The latest in sea, air u and land transportation Vy Shipping Times Monday to Friday Business Times
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      Page 26 Advertisements Column 2
      305 26 WHERE TO WINE, OINE AND ENTERTAIN .'i i I ■mmm MHJOOeOOOOQJf (Magnificent (^aestro ——Catch SAM GAN, Singapore's very own "Liberace" ZHJJJJ Maestro in performance at Piano Lounge. From today -> for a limited period. Sam's here to entertain you once again with his regal musical splendor. —2S U <f*u, ®am.
      305 words
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      340 27 IL J The All Naturally Brewed Beer, where to wine, dine and entertain Wi .1 (W| C I TH€ MOST fIUTHCNTK ITRUAN PflSTfl PIZZA IN TOWN £MKM| Avv JjS ...NEARER TO THE EAST xmmm PASTA FRESCA DA SAIVATOtI PTE ITD Aw II 10 hat Quay 5(0104) (OfOI 24 HOUtS) hk
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      Page 27 Advertisements Column 2
      264 27 "HCujli it arts at Jfiitjh Qioon Don't mike our delicious High Ifca Buffet available from 12Jiouit lo spm every weekend. Price: $13.80 (adult) $0.80 (child) A La Carte Menu in also available. All prKVk #K Mib)nl In lII* wrvkv i+urj<t', It hummhS b> ml .W (M CA ttr»jv>] 'bolero LA"
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      Page 27 Advertisements Column 3
      378 27 DIALECT HI-TEA Whether you're fluent in many languages or just one, you'll have no problems appreciating our new weekend Dialect Hi-Tea selections at Cafe Plaza. Savour an array of dialect delicacies and tempting desserts. If that's not enough, our Dialect Hi-Tea also includes karaoke at Singsation Theme Karaoke. Hi-Tea $13.00
      378 words
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      Page 27 Advertisements Column 4
      247 27 r The Day You Dine At Triple 3. Be Prepared To Have A Very Light Breakfast Skip breakfast altogether for a sumptuous buffet at Triple 3, an irresistible spread featuring some 5 60 hot and cold dishes, plus tempting desserts. Call J\_ us now to make your reservations at 831
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  • Page 28 Miscellaneous
    • Miscellaneous
      Page 28 Miscellaneous Column 1
      2227 28 TODAY'S TV ■RTITTKfVI'STrRIH I i 2.15 The Supernatural. 4.00 se»-e-vwen. WNkiil A Clae, 12pm, TV 2 Germany Live, 6.30pm, Cli 12 A hilarious send-up of Sir Ar- In this instalment, visit the old thur Conan Doyle's Sherlock and the new in the unified capHolmes mystery series. You ital of Germany
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