The Business Times, 30 September 1995
1995-09-30
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The Business Times
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Title Section14 1995-09-30 1 Business Times WE KNOW Am MITA(P) 194/12/94 Weekend Edition, Sept 30-oct 1 1995 85?14 words
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588 1995-09-30 1 Shiv Taneja - Analysts now expect slower earnings growth rates for full year Shiv Taneja SINGAPORE Listed companies in Singapore have reported higher half-time earnings, but unimpressed with the rates of growth, analysts are now forecasting slower earnings rise for the full year. A compilation588 words
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Article124 1995-09-30 1 AFP, UPI LONDON The dollar rallied yesterday in London, supported by an upward revision of US second-quarter growth figures and by dollar buying with Swiss francs after statements by the head of the Swiss National Bank, traders said late yesterday afternoon. At 2 pmAFP,; UPI - 124 words
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Article105 1995-09-30 1 Reuter LONDON Left-handed Britons yesterday celebrated a victory in an area where they find it difficult to fit into a right-handed world cheque books. One of the country's four major banks, Lloyds, announced it will offer cheque books with the binding and cheque stubs onReuter - 105 words
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Article72 1995-09-30 1 Reuter NEW YORK Blue chip stocks held steady at moderately higher levels yesterday, bolstered by a rally in the bond market and end-of-quarter buying for portfolio adjustment. The Dow Jones industrial average was up 13.17 points at 4,802.81 at 2pm EDT. In the broader market atReuter - 72 words
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372 1995-09-30 1 The Daiwa Bank scandal Bloomberg Business News AP NEW YORK Daiwa Bank Ltd raised almost US$6OO million (SSBS2 million) by selling preferred stock and bonds to investors in the two months before it told them of a USSI.I billion tradingBloomberg Business News; AP - 372 words
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516 1995-09-30 1 Ruth Wong - Fears of it having to pay more for Gelang Patah land ¥nm Ruth Wong in KUALA LUMPUR PUTTING two and two together, investors have been selling down the stock of Malaysian conglomerate Renong. The cue came from negotiations for higher compensation516 words
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Article, Illustration348 1995-09-30 1 Genevieve Cua - Genevieve Cua SINGAPORE Trading in the shares of beverage group Yeo Hiap Seng was suspended yesterday, with the Stock Exchange of Singapore contesting property tycoon Ng Teng Fong's assertion that enough shares are in public hands for it to continue trading.348 words
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Article157 1995-09-30 1 MMk Market Mtea• Friday ChMft STII .2,120.03 +12.73 KLSEComp 1,000.60 +8.44 Nikkei 17,913.06 -109.80 Hang Seng 9,646.34 +45.78 SETlndex 1,292.06 -1.03 Jakarta Comp 1,294.23 +2.17 Manila Comp .2,629.25 -15.75 Taipei WP! „...5,013.43 -64.99 Seoul Comp 987.10 +1.22 Bombay BSE30 ...3,493.21 +36.69 CLSA China B 834.39 -0.48 Aust AllOrd J, 135.7157 words
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Page 1 Advertisements
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Advertisement44 1995-09-30 1 Art scene: eli Homing in on local artists Special 4-page pull-out The top 10 most profitable companies How the sectors, Sesdaq companies fare Full list of BPs half-time ranking Pgs I-IV Sale of L&M stake: It's a big 'yes' from Guthrie shareholders, Pg 544 words
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Advertisement6 1995-09-30 1 Stock Watch: els Showpla Asia, Vicom6 words
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Advertisement108 1995-09-30 1 Hock Lock Siew: Pgs Signs point to bullishness in Tokyo More suits expected as KLSE acts to end service to Phileo Allied group, Pg 6 It takes more than money TO WEAR THE ROYAL OAK. 3 J +j A For the past twenty years, some of the most successful and108 words
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Advertisement13 1995-09-30 1 The Raffles ==—I^^====== Conversation: EL2 Sizing up the Internet <@\] I I j/iH I13 words
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SINGAPORE NEWS
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355 1995-09-30 2 David MOk - David MOk SON¥ International Singapore. after two decades hpre and With cumulative invest,meats of mow than SSI bUliofi, is entering its third phase of development which will see it focusing more on higher value added production, and networking in the region,355 words
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Article, Illustration418 1995-09-30 2 Diana Oon - Edmund Tie Co shows its art of launching Diana Oon LOCAL property consultancy Edmund Tie Company was launched in style yesterday, unveiling several major projects which it will be marketing over the next few months. More than 100 guests and business associates, together with guest of honour former president Wee418 words
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Article, Illustration181 1995-09-30 2 THE FAR East Organization yesterday launched phase one of its landed housing project in Holland Grove Drive. Thirty-one units are up for sale. Prices before discount range from $2.4 million to $3.7 million for semi-detached houses to about $6.5 million for bungalows. The project181 words
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295 1995-09-30 2 Yong Mei Fong - Yong Mei Fong SINGAPORE Airlines, Delta Airlines and Swissair are offering a new round-the-world fare package for as little as US$2,OOO (552,850) for economy class. The package, available from tomorrow, allows travd on any of the three airlines partners in the Global295 words
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642 1995-09-30 2 Siow Li Sen - King of Hawkers wants to woo Shenton Way crowd Siow Li Sen FORMER hawker assistant Lim Bee Huat, now the new operator of Lau Pa Sat, faces a big challenge indeed to succeed where the "blue-blooded" Jumabhoys of listed642 words
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Page 2 Advertisements
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Advertisement723 1995-09-30 2 FVJI HWA TAT LEE HOLDINGS LIMITED I I I (Incorporated in the Republic of Singapore) LULU The Board of Directors of Hwa Tat Lea Holdings Limited wishes to announce the tolowing: UNAUDITED RESULTS FOR TNI HALF YEAR ENDED SS JUNK ISSS 1996 1994 $*000 $*000 Incfoaeafldecroaes) Co Group Co Group723 words
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Advertisement14 1995-09-30 2 To crack the safe or enter Mrs *I^oo-911 -0003* •t 30 cents 3 QUAUtC.14 words
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Page 2 Miscellaneous
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Miscellaneous167 1995-09-30 2 inferior workman commodation in manufacturing centres (7) ?2 j j I 1 I j running wild (2,7) DOWN bishop's office (6) YCSIOMrS SOLUTION 1 Poet showing signs of expo- 14 Reactionary minority is never sure to the sun (8) soft-hearted (4,4) f c Wy^?^M|JT4A|-.yU 2 Down-and-out and dog-tired 15 UN167 words
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THE REGION
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514 1995-09-30 3 Reuter, AFP, Bloomberg Business News TOKYO Japan's cabinet yesterday approved a 5.3 trillion yen (5576.6 billion) supplementary budget draft for the current fiscal year to help finance the nation's latest economic stimulus package adopted on Sep 20. The government is to submit theReuter,; AFP,; Bloomberg Business News - 514 words
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371 1995-09-30 3 AP, Reuter BOMBAY In a bullish forecast on India's economy, the Reserve Bank of India predicted yesterday that growth in gross domestic product will exceed S.S per cent this fiscal year. However, the bank also warned that there is a needAP,; Reuter - 371 words
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Article103 1995-09-30 3 Reuter MANILA The Philippines' Board of Investments said it approved 225.68 billion pesos (5512.3 billion) worth of investment proposals for the first eight months of this year, down 9.5 per cent from 249.47 billion pesos in the previous year's corresponding period. However, for August alone, investmentsReuter - 103 words
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Article, Illustration36 1995-09-30 3 Reuter BEUINC A saleswoman waiting for customers inside a tiny clothes shop in the wall between two department stores here. Retail space is limited in Beijing's prime shopping districts. ReuterReuter - 36 words
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67 1995-09-30 3 AFP SYDNEY Australia's current account deficit contracted 24 per cent to a 16-month low in August, according to data released yesterday that sent the Australian dollar surging. The latest seasonally adjusted figure of AS 1.52 billion (551.63 billion) for August, compared with As 2 billion inAFP - 67 words
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Article78 1995-09-30 3 Bloomberg Business News TAIPEI A bank run has affected another farmers' association in Taiwan, the Taiwan Television Enterprises reported. Depositors began to withdraw funds from the farmers' association in the Hushi District of Changhua County in central Taiwan after reports surfaced that the general managerBloomberg Business News - 78 words
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150 1995-09-30 3 AFP TOKYO The Tokyo municipal assembly yesterday approved a 20 billion yen (Ss2BB million) grant to a failed credit union, allowing the controversial use of taxpayers' money to clear up the mess from lax lending practices. A plenary meeting of the assembly passedAFP - 150 words
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295 1995-09-30 3 Reuter JAKARTA Indonesia said it would probe a recent flurry of subversive pamphlets targeting social unrest and urging people to act against the government, the official media and newspapers reported yesterday. The Antara news agency quoted Coordinating Minister for Political and Security Affairs,Reuter - 295 words
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339 1995-09-30 3 Leslie Lopez - From Leslie Lopez in JAKARTA JAPAN'S NEC Corp and Sumitomo Corp have sealed a partnership with President Suharto's youngest son to establish a US$45 million (SS6S million) semiconductor assembly plant in Indonesia. Indonesia PT Humpuss Elektronika, a subsidiary of the Humpuss Group,339 words
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90 1995-09-30 3 AFP WELLINGTON Central Reserve Bank action to slow New Zealand's booming economy has succeeded, with new sharply lower growth figures announced yesterday. The bank had hiked interest rates to protect inflation targets. Statistics New Zealand said the economy grew by 5.5 perAFP - 90 words
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Page 3 Advertisements
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Advertisement132 1995-09-30 3 oppoRTUNnT^HHU I jj i I Cumulative growth in prime central U U ESTIMATED RENTAL I London residential property pnces jft t ■ftgirmt^ afC h l 3 6 YIELD FROM Source: Savilis Residential Research Landmark Building 999 Year Lease State of The Art Security* Secure Underground Car Parking f NHBC Guarantee132 words
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REGION/WORLD
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354 1995-09-30 4 AP BEIJING Financial troubles in Japan, inflation in China and isolationism in the United States could cut short a period of sustained prosperity in the Asia-Pacific region, according to an economic forecast released yesterday. Economies in the Asia-Pa-cific region largely succeededAP - 354 words
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403 1995-09-30 4 But 1.3% expansion exceeds earlier forecast Reuter, AFP WASHINGTON The US economy grew at its slowest pace in more than two years during the second quarter, the Commerce Department said yesterday, though not quite as weakly as estimated a month ago. The nation's grossReuter,; AFP - 403 words
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245 1995-09-30 4 AFP BONN Germany has postponed until Wednesday its decision whether to extradite disgraced British broker Nick Leeson to Singapore to face charges of fraud. The Frankfurt appeals court justified the postponement by the complexity of the case against Leeson, the 28-year-old traderAFP - 245 words
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133 1995-09-30 4 Reuter BOMBAY Enron Corp of the United States has received a formal invitation from India's western state of Maharashtra to revive talks over a recently scrapped power project, a senior company official said yesterday. The state government requested Enron Corp to delay arbitration proceedings by aReuter - 133 words
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383 1995-09-30 4 Leon Hadar - FIW Leon Hadar in WASHINGTON A SENATE bill aimed at tightening trade and investment restrictions on Myanmar will be eliminated in the coming days, following criticism by lawmakers and Clinton administration officials of the Republican senator who had introduced383 words
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Article1417 1995-09-30 4 AIRCRAFT ARRIVALS DEPARTURES 221 1M0_S£K 2065 a— gflE Qiao AmMH SQ2S 1315 GA890 0206 KL837 1450 KL838 2300 SQ324 2330 WW NZ21 1735 NZ22 1920 SQ286 2040 B tori hpw ***** 1105 SQ182 0915 SQ181 1410 BM22 1210 BM27 1720 BM28 IMP -<■ MZ906 1150 MZ907 1250 ■m** SQ69 11401,417 words
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Page 4 Advertisements
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Advertisement1151 1995-09-30 4 0 Banco do Brash BALANCE SHEET STATEMENT OF PROFIT AS AT DECEMBER 31,1994 AND LOSS iggj 1993 AS AT DECEMBER 31/1994 Qm MI,MM) (InRllS) ASSETS 1994 1993 Current 51,243*38 49,567,761 o.Rsl*O6> (InRll.OOO) Uquld Assets 4,019,005 2,496,905 INCOME FROM FINANCIAL Liquid Interbank BROKERAGE 9,M1,553 7,253,096 Investments 10,201,101 2*44,364 EXPENDURE WITH Bonds1,151 words
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COMPANIES & MARKETS
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534 1995-09-30 5 Abdul Hadhi - By Abdul Hadhi SINGAPORE Shareholders of Guthrie GTS have overwhelmingly approved the company's sale of its entire 40.2 per cent stake in L&M Group Investments even though Guthrie stands to lose nearly half of what it could get for534 words
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Article, Illustration429 1995-09-30 5 Catherine Ong - By Catherine Ong SINGAPORE Scotts Holdings said yesterday it had to delay the release of its year-end results to Oct 14 because it was unable to Finalise the valuation of its investments in India. It said valuation was necessary "to determine whether provision429 words
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288 1995-09-30 5 R Sivanithy - By R Sivanithy SINGAPORE Centrepoint Properties yesterday announced a $507.5 million unsecured bond issue with 151.8 million detachable warrants to finance its development plans here and overseas. The company said the fiveyear bonds, which have a principal value of $500 million288 words
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Article, Illustration433 1995-09-30 5 Genevieve Cua - By Genevieve Cua SINGAPORE Singapore Telecom's annual general meeting yesterday went the way of most AGMs in Singapore sparsely attended and subdued. Only 51 shareholders turned up at Telecom's Comcentre on Exeter Road, a tiny fraction of the local shareholder base of433 words
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788 1995-09-30 5 Anthony Rowley - HOCK LOCK SIEW By Anthony Rowley TOKYO THE numbers are saying something encouraging about Tokyo's stock market prospects so far as chartists are concerned and it does not require an astrologer to determine positive significance in certain dates and conjunctions currently affecting788 words
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EYE on your STOCKS
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Article19 1995-09-30 5 For next week's expected market sentiment, see BT's Sentiment Index on EL4 (Personal Finance A Investment section)19 words
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Article, Illustration92 1995-09-30 5 Paul Leo - By Paul Leo TAKE profit on Liang Huat Aluminium soon despite the strong buying interest. Yesterday's volume of 3.57 million shares was 4.S times the 10-day average of 787,000 units. But any move above the ail-time high of 86 cents touched on Sep 1 will be shortlived. The92 words
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309 1995-09-30 5 Chuang Peck Ming - Companies in the red By Chuang Peck Ming SINGAPORE Thinning margins in oil refining and an extended shutdown of its refinery sank Singapore Petroleum Company into the red in the first half of 1995. No recovery is in sight for the309 words
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318 1995-09-30 5 Jenny Lam - By Jenny Lam GARMENT maker and retailer Heshe Holdings is showing signs of recovery. Its net loss fell 38 per cent to 13.24 million in the year to June 30, due mainly to growth of overseas retail operations. Group sales improved 12318 words
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310 1995-09-30 5 Teh Hooi Ling - Bf Teh Hooi Ling SINGAPORE Propertybased Hong Fok Corp has reported a half-time loss of $6 million but expects to show an operating profit for the whole year. The interim result after a $12.9 million full-year net loss in 1994 was on a 36310 words
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326 1995-09-30 5 SINGAPORE Metal Containers and Material Handling Engineering (MHE) yesterday reported net losses for the year ended June 30, while Hwa Tat Lee posted interim losses for the six months ended June 30. Metal Containers sank deeper into the red while MHE made326 words
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COMPANIES
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COMPANY BRIEFS
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67 1995-09-30 6 SINGAPORE Flextech Holdings Ltd will take an undisclosed stake in Charter Electronics, a Hongkong-based manufacturer of printed circuit boards and chip-on-board modules for electronic boards, for HK524.44 million (554.5 million). The company said yesterday it will buy 400 Chartered Electronics convertible preference shares but67 words
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Article46 1995-09-30 6 SINGAPORE Cerebos Pacific yesterday finalised the sale of its 70 per cent stake in the Pizza Hut franchise in Singapore and Malaysia to PepsiCo Restaurants International, Pizza Hut s parent company. The sale gives Cerebos a gain of about $6.5 million.46 words
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Article64 1995-09-30 6 SINGAPORE Lum Chang Holdings is seeking to enlarge its bond issue to raise another $18.8 million, following an early proposal to raise $56.5 million. The total gross proceeds of $75.3 million from the enlarged issue of $80 million in principal amount up from $6064 words
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37 1995-09-30 6 SINGAPORE DBS Bank has sold its 25.79 per cent stake in Dyno Industries Pte Ltd for about $31.8 million. The buyer was Dyno Industries AS, its partner in the Dyno Industries.37 words
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87 1995-09-30 6 SINGAPORE Tuan Sing Holdings believes it has "reasonable chance of success" in its efforts to recover about $10 million in China. Responding to the Stock Exchange of Singapore, the company said it had been advised by its Chinese legal advisers that its subsidiary Shanghai87 words
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415 1995-09-30 6 Conrad Raj - By Conrad Raj SINGAPORE Thailand's Total Access Communications (TAC), which recently became the first foreign company to obtain approval for a primary fisting in Singapore, is working towards obtaining a quotation on the Stock Exchange of Thailand (SET). "We are415 words
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223 1995-09-30 6 SINGAPORE The parties making an offer for Asia Matrix presently have no plans on what businesses the group may undertake after the takeover. A circular on the offer issued yesterday said there were also no "immediate plans for the223 words
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Article604 1995-09-30 6 a 'mtcmrn Sep3o&oct2 Morgan GtmM lav Mgt ii» -m—■ MG Spore Premier T! 0.91 0.95® aagapan U«K inm MG Asia Premier T 0.92 0.97<5> The Commerce 1.54 1.63 The Savings Fund 1.49 I.SS 1 OtkOTP IflVUSlllMIlt Bank Spore Prog Fund 0.5S 0.62xd Cm Global Bond Fd 0.972 0.982** S pore604 words
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167 1995-09-30 6 SINGAPORE Rothschilds' Five Arrows Asian Enterprise Trust (FAAET) saw strong support from investors during its initial offer period with the original target of $20-25 million well exceeded. The new open-ended unit trust, launched last month by Rothschild Asset Management (Singapore) (RAMS), attracted about $32167 words
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667 1995-09-30 6 Ho Kay Tat - From Ho Kay Tat in KUALA LUMPUR THE Kuala Lumpur Stock Exchange (KLSE) has served notice to terminate an agreement under which it provides realtime share price quotations to the Phileo Allied group. This could lead to more legal667 words
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Article, Illustration479 1995-09-30 6 Chan Siew Ling - By Chan Siew Ling SINGAPORE Coatings specialist Rotol Singapore which has won approval for a Sesdaq listing plans to expand aggressively into China to tap the rapidly growing building industry there. Market sources said that the company, which makes surface coatings for479 words
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291 1995-09-30 6 SINGAPORE Coca-Cola Indochina (CCI), which is 75 per cent owned by F&N CocaCola, has finally obtained an investment licence for its US$4B.B million (Ss7o million) bottling plant in Ho Chi Minh City, Vietnam. The plant is expected to quadruple the current production capacity of291 words
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207 1995-09-30 6 Reuter JAKARTA Indonesia's PT Tambang Timah, which will be listed on the London, Jakarta and Surabaya stock exchanges next month, said it has set the offer price at a maximum of 2,900 rupiah per share. The tin mining group said in its prospectusReuter - 207 words
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Article, Illustration399 1995-09-30 6 William Chia - By William Chia SINGAPORE Turnkey contractor Ipco International's shares rose sharply in active trade yesterday on talk that it will benefit from the award of lucrative deals and boardroom changes taking place at its substantial shareholder Promet Bhd. Meanwhile, marine engineering companySource: Bridge Info - 399 words
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51 1995-09-30 6 SINGAPORE Clipsal Industries posted an after-tax profit of $9.1 million in first-half 1995, up from $8.3 million in first-half 1994. Earnings are expected to remain satisfactory in the current half because of strong growth in major markets. First-half turnover jumped 18.2 per cent to $69.551 words
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Article54 1995-09-30 6 SINGAPORE Nod Gifts International has reported a 49 per cent drop in after-tax group profit to $470,000 for the year to June 30, despite a rise in sales from $19 million to $20.8 million. The fall in profit was due mainly to start-up losses on54 words
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Article33 1995-09-30 6 Town City posts $26,000 loss SINGAPORE Town and City Properties has reported a group loss of $26,000 for the first six months of the year, compared with a $27,000 loss in first-half 1994.33 words
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77 1995-09-30 6 SINGAPORE Seaview Hotel registered a 44.9 per cent fall in after-tax group earnings to $3.9 million in the year to June 30. Turnover also dropped, from $22.4 million to $21.5 million. Prospects for the current year look bad because of stiff competition and the depressed77 words
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Article69 1995-09-30 6 SINGAPORE ANA Hotels Singapore recorded a 5.5 per cent rise in net earnings to $1.41 million in the six months to June 30, on a 1.9 per cent rise in turnover to $18.53 million. Earnings per share came in at 2.95 cents. Directors expect second-half69 words
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379 1995-09-30 6 Bernama KUALA LUMPUR Star Publications (Malaysia) Bhd, publisher of The Star newspaper, will invest in a multi-mil-lion ringgit plan to enhance and broaden its activities in the media industry over the next few years. In a statement released after the underwriting ceremonyBernama - 379 words
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483 1995-09-30 7 Bloomberg Business News MOUNTAIN VIEW, California Netscape Communications Corp experienced the cyberspace equivalent of a gold rush, when too many on-line prospectors stampeded towards the latest version of the company's popular Internet software. The result: many were left high and dry, unable to getBloomberg Business News - 483 words
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458 1995-09-30 7 Quak Hiang Whai - Fran Quak Hiang Whai in HONGKONG TAIWANESE educational and media group Filmate International is about to buy a 20-25 per cent stake in Chinese-lan-guage satellite broadcaster Chinese Television Network. Filmate chairman Chiang Tao-sheng told reporters yesterday that his company was458 words
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Article, Illustration203 1995-09-30 7 NYT NEW YORK Houston Industries and Central and South West Corp, seeking a stake in Britain's quickly consolidating electric power industry, announced an agreement on Thursday to acquire Norweb pic for £1.7 billion (SS3.B billion). But a British water utility quickly toppedNYT; Reuter - 203 words
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232 1995-09-30 7 AP TOKYO In a move widely seen as an attempt to head off calls for its breakup, Japanese telecommunications giant Nippon Telegraph and Telephone Corp has decided to open its local telephone network to rivals. NTT said it will allow competing telephoneAP - 232 words
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277 1995-09-30 7 Reuter TOKYO Some Japanese investors arc aggressively raising their weightings in stocks, and Japan's equity market is the main beneficiary because of low interest rates and a weak yen, a survey of Japanese institutions found. Many said Japanese stocks were goodReuter - 277 words
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162 1995-09-30 7 Bloomberg Business News NEW YORK Bear Steamstop two executives split US$l7.4 million (Ss2s million) in pay for its fiscal year 1995, making them the high-est-paid chieftains on Wall Street. Bear Stearns chief executive James E Cayne made US$9 million in 1995 whileBloomberg Business News - 162 words
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FINANCE & COMMODITIES
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394 1995-09-30 8 Bloomberg Business News WASHINGTON US banks would gain sweeping new powers to expand their underwriting of securities under an agreement reached late yesterday by the Republican leaders in the US House. In exchange, however, banks will have to defer for severalBloomberg Business News - 394 words
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223 1995-09-30 8 Reuter PUERTO LA CRUZ, Venezuela Oil talks here ended with 45 producing and consuming countries divided over how to foot the bill for new energy supplies and a clean environment. Energy ministers and senior officials spent three days discussing threats to the earthReuter - 223 words
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355 1995-09-30 8 Bloomberg Business News, Reuter SYDNEY The Sydney Futures Exchange failed to muster the majority vote needed to change the settlement process for bond futures from cash-set-tied to deliverable. A 75 per cent 'yes' vote was required to implement theBloomberg Business News,; Reuter - 355 words
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306 1995-09-30 8 Reuter HONGKONG Rarely has aluminium been such a bargain as it is now, Asian traders said yesterday, citing low prices, low premiums and the lowest forward coverage in the industry's history. The reason is simple, they said China has not been anReuter - 306 words
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Article, Illustration431 1995-09-30 8 DBS Bank weekly currency report US$/aurk US$/mark recovered to 1.4430 on Tuesday before easing to 1.4155 on Thursday. It was seen trading around 1.4185 on Friday morning. The technical picture favours a move to 1.3900 with intermediate support seen at 1.4150 and then at 1.4070. However,431 words
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328 1995-09-30 8 Filipinos to have choice of 47 commercial banks before year ends Bloomberg Business News MANILA The Philippines will have 47 commercial banks before the year ends, one-and-a-half times the number in 1993, the governor of the central bank said yesterday. The increase reflects movesBloomberg Business News - 328 words
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308 1995-09-30 8 ENERGY REPORT Reuter SINGAPORE Vietnam will start discussions "very soon" with foreign companies interested in replacing France's Total SA in building the country's first oil refinery, the president of national oil firm Petrovietnam said yesterday. "More than 20 companies are keen to take partReuter - 308 words
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Article184 1995-09-30 8 Reuter LONDON The dollar was becalmed in a dull European midsession with dealers reluctant to take any new positions ahead of the weekend. "It's been a pretty tough week and most people want to keep on the sidelines today," said a trader. "Nobody has much appetite to do anything aheadReuter - 184 words
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Article76 1995-09-30 8 AFP NEW YORK The dollar moved higher yesterday against other major currencies with the exception of the yen in New York trading. Gold was down 70 cents from Thursday at U*****.10 an ounce. At around 14M) GMT, the dollar fetched 1.4220 German marks, up from 1.4185 on Wednesday, and 98.53AFP - 76 words
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Article, Illustration1158 1995-09-30 8 14 trading partner* Base year IMS USVS$ ftnranl rates Noon Sep 29 91 H Ofbr 1-month I.4IM 1.4171 2-naadi 1.4119 1.41)4 J-mooti! 1.40(9 1.4104 Lmornk 1.3992 1.4012 Amt OCBC Source: OCBC FOREIGN CURRENCY NOTE MILS At i Shi m tap 2» s 5TBSSX— Currencies Bid Offer Aaauaian doBar 1.0640 1.09001,158 words
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COMMODITIES & FUTURES
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1288 1995-09-30 13 Reuter SINGAPORE Simex Euroyen futures Finished mainly firmer while Eurodollars softened on the back of currency movements. Afternoon trading was quiet after the dollar's plunge in the morning, which boosted Euroyen futures and caused Eurodollars to slip a few notches. Following intervention by theReuter - 1,288 words
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670 1995-09-30 13 COMMODITY REPORTS GoM TOKYO: Gold futures plunged across the board in reaction to the yen's steep appreciation against the dollar. Activity was buoyant, reflecting the volatility of the currency market. Gold futures ranged from 17 to 25 yen per gram lower, with bellwether August670 words
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Article68 1995-09-30 13 BANGKOK Thailand will produce 4.6 million tonnes of corn in the 1999-2000 crop year, compared with 4.08 million in 1995-96, government forecasts show. The 1999-2000 crop year will be the first in which Thailand returns to a net export position. Although land for corn will68 words
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60 1995-09-30 13 BANGKOK A good local crop and big imports earlier this year mean China may not have to import any more rice this year, a senior Ceroil Foods executive said yesterday. Current stocks "may be sufficient through the year-end", said An Tian Peng, deputy general60 words
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Article78 1995-09-30 13 SINGAPORE Demand for Indonesian coffee has been picking up steadily over the past month due to a decline in prices. Indonesia's benchmark EKI grade 4 coffee is now quoted at U552,050 (552,911) per tonne FOB, versus U552,500 a month earlier. As prices are more78 words
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Article112 1995-09-30 13 TOKYO Japan's Sumitomo Metal Mining has no intention of importing copper to Japan from expanded copper production at its newly formed smelting venture in China. Sumitomo said yesterday that it has formed a joint venture with two Japanese tradii* houses and other companies to expand112 words
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Article1303 1995-09-30 13 SICOM Futures Rubber (future* clortu m at S.90pm) (ScenU/kg) Close Volume Ooen Month High Low Sett (tmaea) lateral Oct 95 196 00 200 Nov ***** 1973 Dec ***** IS7S Jan/Mar 96 190.00 1M.50 IM 50 37S 3750 Apr/Jun 96 190.00 190.00 190 50 2150 1700 Jul/Sep 96 191.001,303 words
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REGIONAL STOCK MARKETS
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Article870 1995-09-30 14 ♦17.8 SHARES closed higher yesterday after a sell-off in September futures contracts combined with an unexpectedly good balance of payments data to halt a prolonged slide. "It was an extraordinary close, the market literally went berserk in the last 20 minutes," a broker said. "It was clearly related to870 words
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Article551 1995-09-30 14 -15.75 Share prices dipped as government indecision on oil price increases investor anxiety. The PSE Composite Index dropped 15.75 points to 2,629.25. Turnover was 3.09 billion shares valued at 1.6 billion pesos. With most issues "oversold" in the market, dealers said they expected a rally next week. The oil551 words
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Article476 1995-09-30 14 -64.99 Share prices finished lower in lacklustre trading, with all eight categories suffering losses. The 321-issue Weighted Price Index fell 64.99 points to 5,013.43. Turnover was 1.014 billion shares worth NTS 34.4 billion. Falls beat gains 284 to 57, with 95 issued unchanged. The market opened higher but was476 words
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Article396 1995-09-30 14 +1.22 Stocks were mixed as shares in holding companies rose on expectations of takeovers, while worry over investment losses pushed down shares at brokerage houses, traders said. A government plan to ease regulations on hostile takeovers has made holding companies more attractive. "Gains by holding companies were the only396 words
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Article327 1995-09-30 14 +15.5 Shares ended higher on increased volume in a market boosted by end-of-quarter trading, brokers said. The NZSE-40 Capital Index closed up 15.5 points to 2,112.77. Turnover was NZS4I million. This was the highest volume for the week, with brokers saying the market was getting back to normal.327 words
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Article109 1995-09-30 14 +36.69 Share prices closed higher with investor sentiment buoyed by the decision by the Reserve Bank of India not to raise interest rates in its second half to March credit policy. The BSE-30 Index closed 36.69 points higher at 3,493.21. Dealers said the market traded cautiously in the morning109 words
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WORLD STOCK MARKETS
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Article566 1995-09-30 14 +29.2 SHARE prices closed higher, led by futures-linked buying and on a firmer Wall Street following weaker-than-expected US data. The FT-SE 100 Index closed up 29.2 points at 3,508.2. Volume was £538 million on 25,893 lots. Dealers said US economic data was mildly supportive for the market but that566 words
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Article129 1995-09-30 14 -2124 French shares closed lower due to a weaker dollar and a renewed discussion over the future of European Monetary Union. Much of the trade was technical and related to the futures market with a plunge in the price of Alcatel Alsthom pulling the CAC-40 down. The Bank of129 words
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Article218 1995-09-30 14 +15.12 fSerman share prices closed higher in quiet trading in a technical correction of the heavy losses seen earlier in the week. The DAX Index closed 15.12 points higher at 2,187.04. Dealers said trading was restrained and gains were limited to positionsquaring ahead of the weekend and the Unification218 words
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Article173 1995-09-30 14 +3.81 Belgian shares ended slightly up, recovering as the bond market strengthened after the release of new US data, dealers said. The Bel-20 Index of leading shares gained 3.81 points, or 0.26 per cent, to end at 1,461.66, with a volume of 1.207 billion francs worth of shares. Holding173 words
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Article170 1995-09-30 14 +69 Italian stocks fell in the week, spiralling lower after investors were disappointed that Prime Minister Lamberto Dini's 1996 budget didn't do enough to cut the budget deficit. The government approved a 1996 budget that trims next year's deficit by 32.5 trillion lire to 109 trillion. The budget relies170 words
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Article265 1995-09-30 14 +3.75 Dutch shares squeezed higher in the last hour of business, responding in slow motion to a firmer trend on Wall Street where Thursday's strong gain was extended by another good opening there. "This is a bit of a squeeze," said one dealer. "The market's done nothing all day265 words
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Article225 1995-09-30 14 +14.2 Swiss shares ended a quiet day firmer. Dealers said trading had been slack as the market lacked direction ahead of the weekend. They said this week's consolidation should lay the ground for higher prices next week. Shares recovered from a weak opening when international bond and forex markets225 words
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Article324 1995-09-30 14 +29.3 South African shares finished broadly firmer on Fri- day amid generally improved fundamentals, but a late push expected at unit trust quarter-ends had only limited effect. Dealers said firm world markets, a steady gold price and positive local indicators were all supporting prices, although volumes were relatively low.324 words
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Article173 1995-09-30 14 ♦14.30 Stocks climbed early, buoyed by quarter-end buying and firmer North American debt markets. The TSE 300 Composite Index rose 14.30 points to 4,535.80 on volume of 14.2 million shares valued at Csl73 million. Advancing stocks outpaced declines 210 to 155, with 232 issues unchanged. "It's quarter-end so we'll173 words
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Article654 1995-09-30 14 +1&28 Stock prices turned higher along with bonds in quiet trading early yesterday following weak economic news that revived hopes of another federal reserve easing later this year. The Dow Jones Industrial Average, which rebounded 25.29 points on Thursday, was ahead 12.28 to 4,799.92 at Ham EDT. The654 words
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Article622 1995-09-30 14 Starting Caafc BU Offer Mini Civ Depoait M-MOO 31(300 Mia Jeracy3i All*) 0.1992 Mim Max Income •0 *200 *0 9*00 USt CMII Income Fund .....9.9TB0 10.3100 PS S Reaarne Faad *3.5700 *3.3*00 Euro '————J 0 4392 0.493* Far Ean Fund *2.7t50 *2.97X) Man Portfolio 2.12*0 2.3010 UK Growth Fund *3.7300622 words
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Article, Illustration2449 1995-09-30 15 Bloomberg Business News HONGKONG Stocks were mixed as optimism that declining interest rates will help bolster property prices overpowered concern that Hopewell will be dogged by cost overruns on its projects in China. "In Honskong, property is the key, said a fund manager. "I still think the real-estate marketBloomberg Business News; Source: Bridge Info - 2,449 words
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Article, Illustration604 1995-09-30 15 CLSA IN Hongkong, the H share index lost 9.06 points to 980.76 on turnover of HKS4.SS million. Petrochemicals led the decline, with Jilin Chemical down 4.6 per cent, Zhenhai Refinery 2.1 per cent lower and Shanghai Petrochemical losing 1.1 per cent. The top gainer was Maanshan Steel, up 1.4CLSA - 604 words
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Article, Illustration2358 1995-09-30 15 Bloomberg Business News irOKYO Stocks ended lower as optimism about carmakers' earnings was offset by concern that profits at Japan's largest telecommunications company will fall once it loses its monopoly. The Nikkei Average rose as high as 18,139.09 before falling to close at 17,913.06 for a 109.80-point decline. TheBloomberg Business News; Source: Bridge Info - 2,358 words
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Article, Illustration1390 1995-09-30 15 Reuter BANGKOK Stocks closed slightly higher in dull trade after late buying in bank and communication issues reversed afternoon losses. The SET Index ended 2.17 points higher at 1,294.23. Turnover was 38.7 million shares worth 3.3 billion baht. Advances led declines 166 to 104, while 137 closed unchanged. "BuyingReuter; Source: Bridge Info - 1,390 words
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Article, Illustration1132 1995-09-30 15 AFX-Asia JAKARTA Share prices closed higher in quiet trading on the back of overnight gains on Wall Street and with local investors speculating on selected second liner stocks, dealers said. The Composite Index closed up 2.16 points at 493.24. Risers beat falls 57 to 29, on trade of aroundAFX-Asia; Source: Bridge Info - 1,132 words
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Article2150 1995-09-30 16 IMS Urt V«l Dn L—9—« D? DH Mb Hi«h Lw Scm Cimiij Ml W- CM*) N« Mbr CV TfX W MMJKYSMN STOCKS 471 196 m MOO MSB 50c 3t2 M 312 374 MO 344 10 -2.9 0.2 Mi l 127 77.5 m 5001 AMDS Me 92 ♦I.J 2M2,150 words
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KUALA LUMPUR STOCK EXCHANGE
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Article, Illustration6421 1995-09-30 16 Bloomberg Business News KUALA LUMPUR Stocks rose in the final minutes of trading yesterday as foreign fund managers bid up prices to make their holdings look better at the end of the quarter. "It's the half-year for Japanese institutions," said a broker. "If youBloomberg Business News; Source: Bridge Info - 6,421 words
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STOCK EXCHANGE OF SINGAPORE
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Article7630 1995-09-30 17 MM laa V«l Day UaQaa* DK n. YU Na. C- An Mak Uv Sm Clan ill Salt w. CM) Hi* Lot Iqa Mhr CV P/l WNb 8 >8 58 )S ni liiini jm w 4)0 MO I 1001 <Ua HMH SOc 410 M (A 3.) 0.7 54.9 12) 0 4747,630 words
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Article, Illustration1804 1995-09-30 18 R Sivanithy - By R Sivanithy SINGAPORE After a quiet first session, trading in the local stock market yesterday picked up in the afternoon when late window-dressing of the major indices helped support sentiment in general. The main activity, however, continued to be in the smaller capitalised stocksCharts by Bridge Info; Source: Bloomberg - 1,804 words
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Advertisement223 1995-09-30 5 NEWS VALUE Listed flnM' higher interim profits fafl to excite (pg I) Note that the modest increase is over a sharply higher base. SES impends YHS trading, saysTeng Fong holds 92 J% (pg 1) Even ifMrNg's figures are correct, the free float is still too small to generate any trading223 words
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Advertisement231 1995-09-30 7 How 10 Succeb m emu's Power Market No matter what your level of involvement... developer, investor, supplier, contractor, engineer, attorney... you cannot afford to miss CMm Minify 1995 Cnlmmn A Here's why: r MAI MMMSI, NOT JUST O Yes, send me more information about China Energy 1995 is not another231 words
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Advertisement1636 1995-09-30 7 lICUPSAL Clipsal Industries (Holdings) Limited (Incorporated in the Republic of Singapore) ANNOUNCEMENT OF UNAUDITED RESULTS AND DIVIDEND FOR THE SIX MONTHS ENDED 30 JUNE 1995 The Board of Directors of Clipsal Industries (Holdings) Limited is pleased to announce the unaudited results of the Group and the Company for the six1,636 words
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Advertisement49 1995-09-30 8 You may hava bMn uoabto to a your Buainaaa Tlmaa. its Tknn, Sunday Thm, UanHa Zaobao and oiiar daiy nawapapata fcom your usual nawaatand bacauaa of tha hlghar damand kataiy. To anaura a daNy oopy, cal Cuatomar Sarvtoaa BacMon on 1800-749-2677, and a* tor hofnt of oWc6 delivery service.49 words
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ISEA Trends
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1121 1995-09-30 9 Francois Godement - The opposition to nuclear weapons Francois Godement says that France has been an easy target of the anti-nuclear movement, whereas China has gone scot-free Francois Godement Dr Francois Godement is a Senior Research Associate with the French Institute of International Relations, Paris. ACCORDING to1,121 words
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Article, Illustration898 1995-09-30 9 Mazen Nagl - Mazen Nagl examines South-east Asia's moves towards the implementation of a nuclear weapons free zone Mazen Nagl Mazen Nagi is with the School of Social Sciences, Universiti Sains Malaysia. THE first step to a Zone of Peace, Freedom and Neutrality (Zopfan) would be898 words
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Article, Illustration1402 1995-09-30 9 Gennady Chufrin - Gennady Chufrin looks at how foreign policy issues are being canvassed in the run-up to Russia's December parliamentary elections Gennady Chufrin Professor Gennady Chufrin is Deputy Director of the Institute of Oriental Studies, at the Academy oj Science, Moscow. IN the middle of December, parliamentary1,402 words
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Article, Illustration1020 1995-09-30 10 Francis Chong - Francis Ctiong argues that Singaporeans' excessive emphasis on pragmatism exacts a toll on the human spirit Francis Chong Francis Chong is a Singaporean Rhodes Scholar at St Antony s College, Oxford, and is a Visiting Associate at the Institute of Southeast Asian Studies. IDEALISTS, Singapore's self-styled1,020 words
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Article, Illustration1000 1995-09-30 10 Derek da Cunha - Through international auction houses, Chinese antiquities from European and American collections are now returning to the Far East. Derek da Cunha examines this phenomenon Derek da Cunha The writer, a collector of Qing porcelain, is a Senior Fellow at the Institute of Southeast Asian Studies, and is Editor1,000 words
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Article1221 1995-09-30 10 John Wong - John Wong focuses on the anomaly of China's continued exclusion from the world multilateral trade body John Wong Professor John Wong is Director of the Institute of East Asian Political Economy, Singapore. FOR nine long years, Chipa has been making ardent efforts to rejoin the1,221 words
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Article1032 1995-09-30 11 P Lim Pui Huen - P Urn Pui Huen highlights some policy initiatives in Malaysia relating to science and technology Malaysia's politics, religion, and science and technology P Lim Pui Huen PLim Pui Huen is a Research Fellow at the Institute of Southeast Asian Studies and Associate Editor ofTrends. SEVERAL1,032 words
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Article, Illustration1371 1995-09-30 11 Heng Pek Koon - Heng Pek Koon examines the maturation of ethnic Chinese politics in Malaysia Heng Pek Koon Dr Heng Pek Koon is Assistant Professor, Institute for Pacific Rim Studies, Temple University, Japan. OFTEN dismissed as a dormant and largely irrelevant force in Malaysian politics, the1,371 words
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Article758 1995-09-30 11 Aidit bin Haji Ghazali - Aidit bin Haji Ghazali provides a perspective of Muslim and non-Muslim relationships in contemporary Malaysia Aidit bin Haji Ghazali Aidit bin Hqji Ghazali is Chief ExecutiveOfficer of the Irutitut Minda, Malaysia. WHAT appears new, occurs when something which is seemingly difficult becomes manageable, and that which758 words
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1651 1995-09-30 12 Milton Osborne - Milton Osborne argues that while Asean should not forget its past, it should constantly subject its thinking to scrutiny so as not to be caught unawares by events Milton Osborne Dr Milton Osborne is a freelance writer on Asian issues. THE countries of Asean1,651 words
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Article, Illustration1033 1995-09-30 12 Tania Li - At least 30 million people gain their livelihoods in Indonesia's upland regions.Tania Li looks at developments there Tania Li Dr Tania Li is Associate Professor of Social Anthropology at Dalhousie University, Canada She is a Research Fellow at the Institute of Southeast Asian Studies. UPLAND farmers1,033 words
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Article, Illustration111 1995-09-30 12 THE British Minister of State in the Foreign and Commonwealth Office, the Rt Hon Jeremy Hanley, visited the Institute of Southeast Asian Studies on Sept 9 on his first official trip to South-east Asia. Through the format of a one-and-a-half hour roundtable111 words
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Article882 1995-09-30 12 Ramses Amer - How will Vietnam's membership of Asean affect its border disputes with neighbouring countries? Ramses Amer tries to answer that question Ramses Amer Dr Ramses Amer is a Research Associate with the Department of Peace and Conflict Research. Uppsala University, Sweden. WITH Vietnam becoming a member of Asean,882 words
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Advertisement318 1995-09-30 10 BBBBBBHBEHHBHEIH HE RESEARCH FELLOWSHIP IN ASEAN AFFAIRS 1996 Applications are invited for Research Fellowships available at the Institute of Southeast Asian Studies, Singapore in 19%. Eligibility: These Research Fellowships are limited to applicants who are nationals or permanent residents of ASEAN countries and New Zealand. Qualifications: Within the foregoing, preference318 words
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Advertisement271 1995-09-30 11 if^^I^HHHIHAiHKIIIB^^BHHdHIjBIBWHI^HHIiHiIIHHHI^BI^HiHH Books resulting from research on foreign direct investment and countries in Asia including Japan, Korea, Taiwan, Singapore, Malaysia, Thailand, the Philippines, Indonesia and China THE NEW WAVE OF FOREIGN DIRECT FOREIGN DIRECT INVESTMENT IN ASIA INVESTMENT IN SOUTHEAST ASIA Differential Impacts Compiled by Nomura Research Institute and by Institute271 words
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Advertisement19 1995-09-30 13 H I •St ,V i iW- r <'" fH^ v >-< v -y* S*l r^* *&■?//< r*r~\ > a minute. > 1 t r19 words
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Advertisement20 1995-09-30 13 As and when the latest London/ Rotterdam prices arc not available, the previous trading day's closing figares are carried instead.20 words
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Advertisement22 1995-09-30 14 A quick look at the markets. For Financial News, call 1900-913-0001, 30 cents a minute. 'M* rJ i VJ* ~«<» ..:J> t,J. .w22 words
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Advertisement48 1995-09-30 15 Celebrating Singapore's Enterprising Spirit Be part of the Enterprise 50 list A ranking of the fifty most enterprising, privately-held local companies. Come forward and claim your place on the list. It's an honour. Call the Enterprise 50 hotline 290 8996 for a nomination form. dowSSc Business Times 10148 words
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Advertisement10 1995-09-30 16 4 i v i C I' j^t'"'' j£'"-*7$*^' "t #/<v*|10 words
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Advertisement83 1995-09-30 17 K _f|_ _n_ .p. Jfe a. ntyJ0* Jfc> mKttf'-' T '-^if 1 B BT a K: m BB MM BB B f Mm II 0m ■t frtln --mPP;. "&?#> ittm asK' v n -StV <* l21BB£?* c Bk W VS '--M M! >>■!•«• tfr*r1 > K>% s «lTmr''- !< v83 words
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Advertisement203 1995-09-30 18 Stock code number for Quick Stock Portfolio Manager service and real-time stock info. Call 1900-913-0003 at 30 cents a minute. *:+<)}@}=`?\]@|~`]|[`]?,,>{,+?> Game over! |£w|iai'Jpextra v 1 ".«r Jl -y J SKM|g^||:|| Sports News 'fr* .-i H C-' t' '>1 P i'MEIT•' te«BBife -*--v" 1900-912-0012, at 30 cents V t a203 words
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Advertisement135 1995-09-30 18 [WBL CORPORATION LIMITED I (Incorporated in the Republic of Singapore) I ÜBT STOCK CEHTIFICATEf I t following stock onlUn have been reported lost or destroyed:CERTTKATENQ. ttTHEHAMEOf STOCK Of Ml M EACH *****8 Kevin Gerald Kelly 300 *****E -do- 150 *****3 -do- 90 NOTICE IS HEREBY GIVEN that it within fourteen135 words
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Advertisement494 1995-09-30 18 Ckwlng Mhmrm Prtom 29/09/1996 jMlf JwOn ■—mmm- ITS «.T* CM Ml tnmn <— IN w m IM LWJ Mry Nn* UT Ml «UM O*T IJI 1£ W1 (M Published by Jarcfcn* Ren-wig MrnMorHiSecurtbee LMM (Incorporated in British Vtrgvi Idmd) la The Matter of The Companies Act, Cap. 50 Aad la494 words
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BT'S CORPORATE EARNINGS REVIEW
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Article, Illustration637 1995-09-30 19 Shiv Taneja - Reports by Shiv Taneja PROPERTY giant City Development has joined the elite club of the top 10 most profitable Singapore-listed companies. BT's half-year ranking compares every listed company on the Stock Exchange of Singapore that is traded in Singapore dollars. TheySource: Bloomberg - 637 words
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Article, Illustration700 1995-09-30 19 Banking and finance ANALYSTS have reined in their full-year earnings forecasts for local banks on the back of lower-than-expected first-half earnings from United Overseas Bank, as well as expectations of slower industry growth in the second half. Before the banks announced700 words
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Article, Illustration530 1995-09-30 20 Abdul Hadhi - Property By Abdul Hadhi THE total interim earnings of listed property companies surged by more than half as the firms continue to book in gains from the residential property boom years of 1993 and 1994. The combined profits of the 11530 words
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3489 1995-09-30 20 BT's half-time ranking of Singapore-listedcompaniea C0 nl nmm ZnTZZZam* iWPe tWTlOO vUTM rNMOIII mMRQB WWBHi '"®tP jif Mi W 1^ 1 1 Spore Telecom Sep 94 678.0 596.0 13.8 1750.9 1529.5 14.5 4.5 3.9 134 2 2 StA •Sep 94 391.3 446.83,489 words
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Article, Illustration604 1995-09-30 21 David Mok - Electronics By David Mok THE half-time results of listed electronics firms here point to declining profit margins which are likely to persist into the second half of this year, say analysts. Of 19 firms in the sector with a December year-end,604 words
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Article, Illustration601 1995-09-30 22 Rahita Elias - Marine and shipping Margins expected to stay low; outlook more promising for medium-sized shipyards Rahita Elias SINGAPORE'S shipping and marine counters turned in a mixed bag of results at halftime. The Big Three yards suffered from lower profits due mainly to the601 words
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447 1995-09-30 22 Paul Leo - Sesdaq By Paul Leo SESDAQ companies rallied during the corporate interim results reporting season despite poor earnings. Total earnings for the 16 Sesdaq-listed companies dropped 65 per cent to $1.43 million for the six months ended June 30, but the UOB-Ses-daq447 words
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Advertisement28 1995-09-30 19 u mts wiM 1 Pm TO^PANO a/a/ffaat/isip </r/iar//nrsi/ -i/orr-i. X Vy ky V/tAX IV/ For more information on our Corporate Achievement Programme, please call David at 788 798828 words
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Advertisement216 1995-09-30 19 Singaporeans simply its business throughout nußov?oHßH|^^H aren't content to be second- t awards the Asia Pacific, with offices best. Especially those who in many countries from work for the Overseas China to Australia. In total, Union Bank (OUB). it has 71 offices in 15 Last year, for example, countries around216 words
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Advertisement86 1995-09-30 20 </ hi (il'" //j /J V ft < < 11 jilt i: in >< tin in 'nr ,/\<>/ ,'//'< </, v' «t,! 11l c !:ir nut >»f i.u h i!;i\ mu t'.it: -11 k v<Miiti»n lt«mi lln i.tr« <11i.1111\ nt I mui vil I umiltiiv i IKMIH' tr«»nt I iiin|K86 words
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Advertisement293 1995-09-30 21 Jfe HsPSftßißEni Jfe Gill Get Gwtia at Gretf VM^o FRANCE £tate of the, Ant in fa/me, QeiLa/ii £e/ue, PneUtije I esbh MANOIR COTTAGE ERMITAGE CASTEL 4* CELLARS FOR THE HOME Mancmr 1 12 144 1455 mm 680 mm 670 mm Cottage 3 11 142/148 1455 mm 680 mm 670 mm293 words
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Advertisement172 1995-09-30 22 WHERE YOUR NEST EGG GROWS ■ra^^KiiiH Watching your investments grow friendly Customer Service Officers will be must surely be one of the most satisfying happy to assist you in your investment things to do. At the new DBS Bank needs. Should you prefer to do some Investment Centre, there are172 words
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Advertisement32 1995-09-30 22 ■\Ui *v-' -?>'**■•« < i v;-. .*#w*2f Want r know IP 7 your L v-'- a?' > i■ >» *r K* Call Dreamland *§~|I <•♦;•* t V- 4 on ■;;jiA,'- ./■■•-.<_ .JOT; 1900-912-0004, at 30 cents a minute.32 words
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Advertisement457 1995-09-30 22 Alk ANA HOTELS A k, SINGAPORE LTD. (Incorporated in the Republic of Singapore) The Directors announce the unaudited results of the Company for the six months ended June 30,1995. 1996 1994 JAN-JUN JAN-JUN W(S$) (Ss) la. TURNOVER 18*31*00 18,184,700 1.9+ b. INTEREST INCOME 14*00 18*00 21.12a. OPERATING PROFIT before Income457 words
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Executive Lifestyle
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Article, Illustration1714 1995-09-30 23 Parvathi N Narayan - The market for Western contemporary art may be small in Singapore, but what is demand like for works by local artists? Parrathi N Narayan finds out what's selling at auctions and galleries, how much they cost, and who's buying them Parvathi N Narayan The1,714 words
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STRAWS IN THE WIND
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Article113 1995-09-30 23 WE ALL know how Bcri, the risk consultancy firm, is preoccupied with ratings for example, it has always rated Singapore as one of the world's best investment spots. Well, this preoccupation extends even to Beri's founder, Ted Haner, who just had a "100 per cent successful" operation113 words
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Article91 1995-09-30 23 YOU kind of expect it to be a given that when you buy shoes, you get a pair. And when you buy insoles for your shoes, you get two in one packet, right? Not according to one imaginative maker of acupuncture shoe insoles, who came up with the91 words
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VIEWPOINT
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Article, Illustration2613 1995-09-30 24 Vikram Khanna - Paul Saffo, director of the Institute for die Future in Silicon Valley, offers Vikram Khanna a fascinating glimpse into how the Internet will change business and transform the way we work and live THE RAFFLES CONVERSATION A fortnightly series supported by Raffles Hotel Vikram KhannaPhoto by Arthur Lee - 2,613 words
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Article638 1995-09-30 24 THE dirty little secret in Silicon Valley, says Paul Saffo, is just how slowly the Internet is transforming the world: individuals and companies are not changing their habits as rapidly as some of the more gung-ho cybergurus had forecast and hoped. Mr Saffo doesn't638 words
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OPINIONS
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Article, Illustration733 1995-09-30 25 LESLIE LOPEZ - LETTER FBCM JAKARTA Jakarta may need to look afresh at the East Timorese problem LESLIE LOPEZ The writer is BT's Jakarta correspondent EARLY this week, five East Timorese walked into the British embassy in Jakarta and requested asylum on grounds that they faced political733 words
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896 1995-09-30 25 Lee Wai Leong - Lee Wai Leong compares the various packages offered by the two providers of Internet services Lee Wai Leong SINGNET, Singapore's first public provider of Internet services, has reacted quickly to the lower rates charged by rival Pacific Internet by offering users extra896 words
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PERSONAL FINANCE & INVESTMENT
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BULLS EYE
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Article, Illustration44 1995-09-30 26 Those polled on their views of the Singapore stock market for the week ahead: Alliance, Baring, Credit Lyonnais Securities, Fraser, G K Goh, Morgan Grenfell, Nomura, Phillip, Smith New Court and S G Warburg. Figures denote numb* of respondents44 words
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Article92 1995-09-30 26 Phillip Securities (Sep 25) Showpla Asia. Showpla is positioning itself as one of the largest manufacturers of plastic injection parts in East Asia. It has a strong customer base, mainly MNCs, and 98 per cent of them are repeat customers. It has a diversified range of products altering to92 words
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Article328 1995-09-30 26 Zalik Securities (Sep 29) Sungei Way Holdings. Buy recommendation maintained based on projected EPS growth of2o-25 per cent for FY9S and FY96, and current low valuation. 2H95 pre-tax profits is expected to double that of 1H95, due to the acquisition of Masalam. Masalam is expected to contribute M 532.7328 words
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Article284 1995-09-30 26 Zalik Securities (Sep 29) Lingwi Developments. Final results were within expectations and the timber division performed to expectations. All other divisions performed well, particularly the plantation division. We estimate that the plantation division almost doubled its contribution from M 55.6 million to M 59.2 million for FY9S. However contributions284 words
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Article, Illustration312 1995-09-30 26 Richard Armstrong - In my opinion Richard Armstrong Manasina director BZW-Pacific Union Pte Ltd 4 'WE have been in a bear market since early 1994 when the Straits Times Industrials Index peaked in the opening days of the new year. The situation is similar in many other regional markets which remain off their312 words
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Article, Illustration650 1995-09-30 26 Paul Leo - By Paul Leo THE volatile US dollar has created opportunities and also caused woes on the local stock market. There were days in September when US-dollar denominated stocks like those in the Jardine stable of companies and Datacraft were in650 words
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Article, Illustration597 1995-09-30 26 William Chia - Eye on the region: Indonesia William Chia looks at the privatisation plans of state-owned firms Tambang Timah and Telkom William Chia THE Jakarta Stock Exchange appears to be lacking direction, withthe benchmark JSE Composite Index trading within a narrow range597 words
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Article, Illustration904 1995-09-30 27 Diana Oon - Price will be the main attraction, hut some analysts tell Diana Oon why, despite being profitable, the vehicle inspection company's prospects for growth appear limited Diana Oon VICOM Limited has got it right. Keep the price low, and you will find buyers.904 words
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Article650 1995-09-30 27 Depcttit amount 1-mth 3-mth 6-mth Deposit amount 1-mth 3-mth 6-mth Bank of China M$ 25,000 249,999 4.7500 5.0000 5.1900 A$ 230,000 500,000 4.8700 5.1200 5.3100 10,000 49,999.99 6.7500 6.7500 6.7500 ,_u, 50,000 Above 6.8125 6.8125 6.8125 500,000 2,499,999 8.5000 8.5700 8.7600 IM 2.5 mil 4,999,999 8.6300 8.6900 8.8800 10,000 49,999.99650 words
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923 1995-09-30 27 David Mok - But interest may wane later because it is denominated in US dollars, says David Mok David Mok PLASTIC injection moulding company Showpla Asia Ltd is not exactly in a glamorous industry, unlike say high-profile companies such as Creative Technology or Acer Computer. But dig923 words
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Article633 1995-09-30 28 John Lui - tWel&its By John Lui 9 John Lui (johnlui@singnet.com.sg) works in computer administration at Singapore Press Holdings £AN INTERNET psychic reading a strange idea, since one supposes that much £of the pleasure that comas with cootiilting a medium arises from the drama-filled £face-to-face Q&A. c But633 words
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Article, Illustration872 1995-09-30 28 Kathleen Herzig - What is style and how does one go about incorporating it in one's home? Kathleen-Herzig provides some guidelines Kathleen Herzig 9 The writer is a freelance journalist who contributed this article to Executive Lifestyle STYLE is far more lasting than current fashion trends, and872 words
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Article, Illustration590 1995-09-30 29 SUSAN TSANG - By SUSAN TSANG COLLECTORS who fancy 19th and 20th century European furniture, silver and works of art can bid for some fine specimens at Christie's sales today and tomorrow. Another new category in the Singapore auctions is Straits Chinese Works of Art. Today's sale covers 192 lots590 words
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Article, Illustration576 1995-09-30 29 JAIME EE - By JAIME EE WE ALL KNOW that it wasn't so much literary acclaim but sheer sugar content that shot Robert James Waller's The Bridges Of Madison County up the bestseller list. But never mind Captain Purple Prose and his "leopard who came riding on the576 words
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Article651 1995-09-30 29 CORINNE KERK - By CORINNE KERK YES, it's Hugh Grant again. And he's still at it, charming the socks off female fans with his usual diffident ways in The Englishman Who Went Up A Hill, But Came Down A Mountain. But for the rest of us who aren't selfdeclared651 words
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EPICURE
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Article, Illustration875 1995-09-30 30 Corinne Kerk - How much can one learn at a dinner-cum-wine tasting session? Carinne Kerk finds out Corinne Kerk HIS is it. I was fijß nally going to learn everything I'd ever wanted to know about wines. And do know a bit about the stuCf already. For instance, winq875 words
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Article, Illustration453 1995-09-30 30 JAIME EE - Bon Appftt By JAIME EE CHEF Emile Jung dreams a lot about food. If he subscribed to psychoanalyst Carl Jung's theory that all dreams have meanings, he might interpret them as a subconscious need to be a leading force in the culinary world.453 words
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Article, Illustration339 1995-09-30 30 KEVIN SULLIVAN - By KEVIN SULLIVAN VENETIAN Chef Giacomo Gaspari concludes a two-week stint at the Sheraton Towers' DOMVS Restaurant tonight. Chef Gaspari, who owns the appropriately named II Naturalista restaurant in Vicenza, has been introducing Singaporeans to the new school of Italian cuisine which dispenses with heavy sauces339 words
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647 1995-09-30 30 N K YONG - Wine By N K YONG ROMANEE-CONTI, one of the world's most expensive red Burgundies, is released at around 1,200 a bottle. Chateau D'Yquem, the most famous dessert wine, starts off at $230 a bottle. However, both pale into insignificance beside Egon Muller-Scharzhofs647 words
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Article, Illustration985 1995-09-30 32 Apolo 13. Tom Hanks and his crew shoot for the moon and miss. The earthbound try to get them home. Yishun: 11; 4.10; 6.30; 9.20; 2.25 am. Bishan: 1.45pm. Tiong Bahru: 11.30; 6.45. Pavilion: 2.15. A Walk In The Cloadr Keanu Reeves meets an unmarried, pregnant girl on a985 words
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Page 23 Advertisements
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Advertisement216 1995-09-30 23 linsli.in I)u »r M o^l PKt ii SHL« ln\Ul B«fi£ A.JP WL— 'SHm U.I u 9 A Hfl ss; T x* \Vr jPBKI al\n v 1 wKI ill 1 V VJ 1 yi> li ill >: J j =^H MM ii§is%&?£ Screw-in caseback and crown -100 hours power reserve -100216 words
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Page 25 Advertisements
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Advertisement146 1995-09-30 25 Bm ■■|H| Top-Flite Magna clubs are a new line of easy maximum cambered radius sole helps here, too. The Magna woods are also oversized and to hit clubs that produce longer and straighter shots. And once the ball is in the air, it will have less feature a larger hitting146 words
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Page 26 Advertisements
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Advertisement182 1995-09-30 26 I hlmim of I»IMP— lw tbo financial pft —i? I oot tbo www* at hinmninl Mr 'W. 01 ganftM dhytfw Stack iicfuwy of ttlngayiora. hmnkm mm| imldwMm lirn. hi mUMm. you mm toko port In Iwvostmont-roleted 900*0 oad oonteoto. I mention Lucky prlsoo. I Tbaca wi 0100 bo lntpiwnln lilta182 words
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Page 27 Advertisements
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Advertisement8 1995-09-30 27 V f j ws' > 4fefc T< MMCi^^yjrl J8 words
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Page 28 Advertisements
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Advertisement471 1995-09-30 28 Discover Grappa (m> "1492 Discovery 1992", and Win i I Chardonnay Grappa y J I Created in hand-blown Murano ■j The house of Alexander Society, is proud to be A jß\ 0) W 8^ to 500 year NMne M associated with the best Italian Restaurants, in town. \T\ I H471 words
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Page 29 Advertisements
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Advertisement89 1995-09-30 29 A* 5 warn ip* .--V v -S wt Tke toast of Belgfravia. (Not to mention the risotto). I" i Raise your glasses, Chef Stefano Cavallini is in town (not to mention kis famous 'Risotto Alia Milanese*). Join us for a Michelin Star lunck an J < Vt* l dinner menu89 words
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Page 30 Advertisements
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Advertisement18 1995-09-30 30 To crack the safe or 1 enter Mrs Wizard's crystal ball, call on at 30 cents a minute.18 words
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Page 31 Advertisements
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Advertisement980 1995-09-30 31 TO WINE, DINE AND ENTERTAIN I «?KH 1 ut^CXS*CUw« -————-———===z======^ r W HH*> tOtt WWMI yi»Mw (tthMMiii Mux v VraHp v H jIV-1 vi Jul end $SOO aid abow w*jn 6 «on*« ow o( ogr wfa. to qwatfjr far our gold cad Mitomp. HMMMMMB M JSS Celebrate Every Night of980 words
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Advertisement287 1995-09-30 31 rajJ 481 I fancy 'Beijing? I Then, we're defighted to suggest the Tine Courtfor a memorable dining experience. Our lunch menu offers a variety of Hon KM -Beijing dumplings, a selection of I set menus, and 'Beijing specialities IIXjV suck as Beijing 'BaHgd Tench end IfcLaßi Marinated Lami. Jancu same287 words
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Page 32 Miscellaneous
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Miscellaneous2299 1995-09-30 32 TODAY'S TV See Our Choice). WiaMaa. uo HutttiMirT ■■■■■■■■I uo iMidM. ILM Sartta Smmm. M tIUHw Tpw. fl j El Chaa M, PtMlli'S 12 10.00 IMF WmM MMattca Mml 11J0 PrtaaaValaaL Zhang Yimou made his direc- A bandit's daughter falls t M fk World DilLl| j*-®® NN leHtalwi 12. torial2,299 words
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