The Business Times, 13 January 1996

Microfilm: NL20517
Total Pages: 24
1 24 The Business Times
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  • Title Section
    Masthead
    15 1 THE BUSINESS TIMES MITA (P) 04(V12/95 Internet: http://www.asial.com.sg/biztimes SINGAPORE WEEKEND EDITION, JANUARY 13-14, 1996 85C
    15 words
  • Article
    MARKET SUMMARY
    67 1 sin 240&02 (+32.53) PI BTOOMP U *****02 (+22.59) PI BT-MGA U *****1 (+17.49) 1HCT MilllffIMUMB Friday ChuK KLSE COMP 1081.77 14J8 NIKKEI JW87.42 -90.50 HANG SENG *****.01 +110.19 SET INDEX H7SJ1 +6-25 JAKARTA COMP.—.550.99 +1741 MANILA COMP 2747 +8153 TAIPEI WPI 4962.80 +20.18 SEOUL COMP -878.64 -6J2 BOMBAY
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  • Article
    FINANCE
    68 1 EXCHANGE BATES US* s$ US$ 1.423 I 1.542. 2.194 DM 0.898 0.908 Y100 .0.961 1.154 MS .0)90. 0.H6 RU ,0.tt§. 0.184 BAHT 0.040. .0.066 WP1AH100 .0.044 0.082 FUME BATES SINGAPORE* 144 KUALA LUMPUR 8.15 JAKARTA 17.50 BANGKOK 1175 MANILA 15.00 HONGKONG 1M TAIPEI 1M SYDNEY 1176 TOKYO iM SEOUL
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  • Article
    Lock icon Big question mark hangs over Apple's future
    570 1  -  Fate of its over 2,000 employees in Singapore nnclear By David Mok JEN CHUA [SINGAPORE] Uncertainty hangs over the future of troubled computer giant Apple, with an exodus of top level executives both at its US and Singapore operations, and rife speculation that
    JEN CHUA  -  570 words
  • Article, Illustration
    Lock icon Mobil, EDB, JTC to study $1.5b petrochemical project
    422 1 By Genevieve Cua [SINGAPORE] Oil major Mobil Singapore is embarking on a feasibility study with the Economic Development Board and the Jurong Town Corporation on a $1.5 billion petrochemical complex. The EDB is likely to be an equity investor in the ethylene
    JEN CHUA  -  422 words
  • Article, Illustration
    Lock icon S'pore bourse heads for record high
    205 1  -  By. Paul Leo [SINGAPORE] The Straits Times Industrials Index rose 32.53 points or 1.4 per cent yesterday, bringing it to 2,402.02 just 69.88 points or 2.9 per cent away from its all-time high of 2,471.9 set on Jan 4, 1994. Dealers said the strong
    Source: Bloomberg; ALLAN  -  205 words
  • Article, Illustration
    Lock icon Going, going for about $1.1 million...
    372 1  -  By Michelle Low [SINGAPORE] First Capital Corporation is marketing phase two of its Loyang Villas project after more than a year's break—at a soft launch this weekend, with fi*eebies for early birds. On offer are 142 terrace units going for an average price of
    ARTHUR LEE  -  372 words
  • Page 1 Advertisements
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      Page 1 Advertisements Column 1
      142 1 mtUDE -j. KMM ItnfNlviDtnvd Hot Stones, Brazil Churrascaria and Dome outlets are now found In Kuala Lumpur. Lifestyle looks at the concept of restaurants that have gone regional, ELI MWTIHBB aQfktfyair t thispg. Hie fact that rentals have not kept pace with increases in capital values has not been highlighted
      142 words
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      Page 1 Advertisements Column 2
      17 1 Apple heading/or o breakup? Pg 8 Petrooham ■ector set to hit record growth in 1995, Pg 2
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      Page 1 Advertisements Column 3
      42 1 I' m tore ■BUSIMEgci and Malaysiaj^B /4 variable at PoMsho* by Times Periodicals, Newsstands NTUC Supermarkets Caltex member of STOP PRESS kiosks 7 Eleven 9 Mobil Times the Bookshop Cold Storage SPC ak Kinokuniya Shell BP W^P MPH Esso Singapore Proas Holdings
      42 words
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      Page 1 Advertisements Column 4
      6 1 Private rentals up marginally in 1995Pg2
      6 words
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  • SINGAPORE AT HOME & ABROAD
    • Article
      Private rentals up slightly in 1995
      434 2  -  Analysis expect market to soften this year as more residential units comeonstream By Michelle Low PRIVATE residential rents rose marginally in the first three quarters of 1995, improving by about 2 per cent each quarter, according to data from the Inland Revenue Authority of
      434 words
    • Article, Illustration
      Lock icon Petrochem sector seen hitting record 35% growth last year
      328 2  -  By i Genevieve Cua SINGAPORE'S petrochemical sector is riding the crest of a cyclical upswing and is likely to continue to propel the growth of the local chemical industry this year. The petrochemical segment is expected to have chalked up a
      BCRUZ  -  328 words
    • Article
      Importers not expected to raise rice prices
      400 2  -  They will maintain prices despite hikes by Thai exporters By Siow Li Sen RICE importers, taking the lead from NTUC Fairprice, are unlikely to raise retail prices despite another round of unexpected increase by Thai rice exporters. Thai shippers this week raised rice
      400 words
    • Article
      Japanese company to invest $50m in Asean units
      329 2  -  By 1 Teh Hooi Ling A LEADING Japanese industrial automation maker is investing $50 million in its Asean operations to double its sales in the region to $500 million by the year 2000. And Singapore will be key to this plan, said
      329 words
    • Article
      Lock icon Use of pre-cast material rising
      345 2 JEN CHUA DEMAND for prefabricated material in the construction industry has been rising steadily, said Construction Industry Development Board chief executive officer Lam Siew Wah yesterday. Currently, order books of local prefabricated materials manufacturers are full, and production capacity might be increased for future demand,
      JEN CHUA  -  345 words
    • Article, Illustration
      Lock icon No sign of Lunar car market rally
      522 2  -  Festive purchases take a back seat for COE-sawy buyers By < Christopher Tan THE car market is still chugging along, and there are no signs of its picking up speed to rally before the Lunar New Year. While buyers who want their cars
      CHRIS LOH  -  522 words
    • Article
      Galeries lease not the problem: Bonvests
      496 2  -  They told as last July they planned to quit premises, says OM By, Jenny Lam BONVESTS Holdings yesterday said that it was not lease renewal problems that led its tenant Galeries Lafayette to decide to quit Singapore. Bonvests group general manager John Chin said:
      496 words
    • NEWS Roundup
      • Article
        Chee Hean,Abdullah made full minister
        94 2 THE Prime Minister's Office has announced five promotions with effect from Jan 15, two of which are to full minister. Rear Admiral TeoCheeHean is promoted to Minister for the Environment. He will remain as Becond Minister for Defence. Abdullah Tarmugt is promoted to Minister tor
        94 words
      • Article
        Gearing up for general election
        61 2 THE People's Action Party publication Ptttr has called on party memben to gear up for the next general election which, it said, must be hekl by April next year. Meanwhile/ opposition MP Chiam See Tong told the Television Corporation of Singapore that the opposition is
        61 words
  • Page 2 Miscellaneous
    • Miscellaneous
      Page 2 Miscellaneous Column 1
      352 2 THE WEATHER fhppw ib Occasional passing showers in the afternoon. Temperature (23-30) AKttud Ctoaty SSL TOvm °"rjm a£S- T'HjSn aoajr Bangkok 32/18 Cloudy Afln 12/06 Rain Burnt Arm 2W17 Cloudy Bcpg Showers Berlin 00/00 Rain OacttD CO/-8 Shown Boahay 2JTCI Cloudy Bom MM Rain HoaoWi *7/18 Swy Bruno 28Y24 Showers
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  • FOCUS: PERSONAL FIMANCE & INVESTMENT
    • BULL'S EYE
      • Article, Illustration
        BT Sentiment Index
        38 3 Those polled for their views on the Singapore stock market's outlook the week ahead are: Alliance, Daiwa, Fraser, GKGoh, ING Barings, Kay Hian, Kim Eng, Deutsche Morgan, Phillip, Merrill Lynch. Figures denote number of respondents
        38 words
      • Article
        Bay!
        246 3 Mabjaa OnBeat Bkh It is a leading manufacturer and distributor of cement products in the Malaysian market. Its competitive advantage will be potentially enhanced with the completion of its new integrated 1.8 million-tonne cement line in the fourth quarter of 1997, and second stand-alone cement grinding plant, to be
        246 words
      • Article
        Bold
        108 3 ffcr But LariBptaa: FELS is said to have lost out in its bid for a US$200 million (S$280 million) FPSO (floating production storage offloading) contract to Japanese shipbuilder Hitachi. We expect the market to be rather disappointed by this news. The downside earnings risk of the company has, as
        108 words
      • Article
        s*m
        178 3 Flnt ffttfttnl bryc Sales of its 423-unit Loyang Villas terrace house project stuck at 40 per cent. A relaunch at lower prices is imminent in 1996. Four more projects to be released in the next 12-18 months, with one facing the risk of becoming another "Loyang Villas". All are
        178 words
      • Article, Illustration
        In My Opinion...
        490 3  -  Colin Leo OarUui lamt Vaiagnmt UfP HE year 1996 started I off on an optimistic X note with the Singapore and Malaysian bourses, and the rest of Asia, posting spectacular rises in the first week of trade as investors scrambled for scrip, reminiscent of the month before
        490 words
    • Article
      Lock icon Riding the bull
      685 3  -  Be nimble, do your homework and, bear in mind, bulls don't charge up in a straight line By Lee Yoke Har ALLAN [SINGAPORE] Regional stockmarkets are still in a partying mood, judging by the relative strength of last week's market movements. But how does one capture a
      ALLAN  -  685 words
    • Article
      Rough ride in store
      426 3  -  EYE ON THE REGION: THAILAND Volatile forex rates rather than trading fundamentals likely to direct market By< Alan Boyd INVESTORS may be in for a rough ride on the Thai stock exchange over the next few weeks as volatile foreign exchange rates rather than trading fundamentals
      426 words
    • Article
      Wah Shing IPO set to join bull run
      582 3  -  Absolute price and earnings multiples lew, say analysts By Teh Hooi Ling [SINGAPORE] The timing of toy-maker Wah Shing International's public offer here could not be better, with bulls returning to local and regional markets. Analysts are recommending that investors subscribe for
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    • Article
      Interform seen attractively priced
      340 3  -  By Chan Siew Ling [SINGAPORE] Hongkonglisted Interform Ceramics Technologies looks a good buy, given the stock's attractive pricing of 64 HK cents a share, say analysts. Indeed, Guthrie subsidiary Glamco Development Ltd has already snapped up the entire 68.5 million placement shares offered at the same
      340 words
    • Article
      Was that a baby bull that ushered in the New Year?
      256 3  -  By. Anna Teo [SINGAPORE] Seems that was a baby bull we had ushering in the new year. According to forecasts by the National University of Singapore's Centre for Business Research k Development (CBRD), this year's high is yet to
      256 words
    • Article
      Further dip likely for golf index
      252 3  -  By\ Shahiron Sahari [SINGAPORE] December turned out to be no more cheerful for the golf membership market than the rest of the months last year, with prices hardly moving. With no Christmas shopping effect, the Business Times Golf Index slipped yet again to another
      252 words
  • Page 3 Advertisements
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      Page 3 Advertisements Column 1
      98 3 yg" 13.49% ROI 75% Accuracy!! For multiple triggered signals generated on SES counters in Oct and Nov 95. A sensible ROI within three months. ZJgudthe triggering indicators that matters Stock Performance Ctride (Pec 95 The premier of Malaysian Companies Data reference kA manual with comments. Includes 2nd board counters Malaysian
      98 words
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  • REGION
    • Article
      Lock icon HK plans changes to airline taxation
      141 4 HONGKONG AFP THE Hongkong government said yesterday it was drawing up a proposal to end taxation on foreign airlines operating in the territory as well as a system of double taxation for local airlines. The proposal would be incorporated into air services agreements Hongkong
      AFP  -  141 words
    • Article
      Lock icon Chun charged with taking 215b won in bribes while in office
      364 4 ■SEOUL Ilveadmiiiutr&ti«i li4m iliA rhirgnH along with ez-president Reuter SOUTH Korea's former president Chun Doo Hwan and five administration aides were charged yesterday with corruption, the latest move in a marathon legal action that has put two heads of
      Reuter  -  364 words
    • Article
      AIRCRAFT ARRIVALS AND DEPARTURES
      1363 4 art FLIGHT ETA FLIGHT ETD Ho CM Mall VN74I 1310 VH740 1410 Ma Mm* I GM90 0045 EK072 1710 S0174 1430 MM* wHaT WwO S0173 1920 EK073 2325 T= Hong Kong S0863 0040 UA806 0815 I I KJWf UA0O5 0105 CX7I0 0640 AKtartM SQ/DL25 0645 GA890
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    • Article, Illustration
      Lock icon New cabinet adopts tax reform package
      767 4 TOKYO Changes aimed at stimulating land market to spur Japan's economic recovery Bloomberg Business News, AFP, Reuter PRIME MINISTER Ryutaro Hashimoto's new cabinet adopted a tax reform package it hopes will spur Japan's nascent recovery by stimulating the country's stagnant land market. The changes,
      Bloomberg Business News,; AFP,; Reuter  -  767 words
    • Article, Illustration
      Lock icon Three tall women
      50 4 [BEIJING] A young Beijing resident, on a morning walk with his father, reaching up to touch a stainless steel statue of dancing women in a park here yesterday. Many of the capital's parks feature sculptures and statues which reflect Chinese culture in modern and traditional ways. REUTER
      REUTER  -  50 words
    • Article
      Lock icon Opposition goes for bilateral over multilateral ties
      233 4 CANBERRA Trade policy aimed at unfair barriers to Aussie goods, it says AFP A NEW trade strategy focusing on bilateral links and giving lower priority to multilateral regional forums such as the Asia-Pacific Economic Cooperation (Apec) forum was unveiled yesterday by the Australian
      AFP  -  233 words
    • Article
      Lock icon Telecoms projects: Indonesia in talks with China
      212 4 JAKARTA AFP INDONESIAN officials are discussing the possible involvement of Chinese stateowned firms in telecommunication projects worth an estimated US$4 billion (555.68 billion), the Bisnis Indonesia daily said yesterday. The newspaper, quoting unidentified sources, said: "The projects include the building of a telephone
      AFP  -  212 words
    • Article
      Lock icon Parliament kills stock gains tax
      123 4 TAIPEI Bloomberg Business News TAIWAN'S Parliament killed two bills that would have imposed a tax on capital gains on income from stocks. The body also voted to leave the country's current stock transaction tax unchanged at 0.3 per cent The government will not change the
      Bloomberg Business News  -  123 words
    • NOTE Book
      • Article
        Lock icon S Korean chip firms boost investments
        79 4 Bloomberg Business News [SEOUL] South Korea's top three semiconductor maters will invest more than USSB billion (S$lL4 billion) this year to expand their facilities, a 34 per cent jump from last year. Hyundai Electronics Industries Co, LG Semicon Co and Samsung Electronics Co said
        Bloomberg Business News  -  79 words
      • Article
        Lock icon Measat-1 set to blast off today
        52 4 Bernama [KOUROU, French Guiana) If all systems are go, Malaysia's first satellite, Measat-1, will lift off from here today at 7.09 am Malaysian time. Measat, or the Malaysia East Asia Satellite, is owned and operated by Binariang Sdn Bhd, which also operates a cellular
        Bernama  -  52 words
      • Article
        Lock icon State link to prostitution
        56 4 Reuter [HANOI] Vietnam, which launched a nationwide campaign against "social evils" earlier this month, feces charges of hypocrisy as reports yesterday revealed links between the state and prostitution. The English-language Vietnam News quoted figures released by the Ministry of Internal Relations showing that among 463 prostitution
        Reuter  -  56 words
      • Article
        Lock icon US$2.4b loan for China projects
        63 4 Bloomberg Business News [HAIKOU, China J The Export-Import Bank of Japan will lend China US$2.4 billion to fund 30 projects, the official Xinhua news agency said yesterday. The loans carry low interest rates and have a maturity of up to 23 years. Agreements on the
        Bloomberg Business News  -  63 words
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  • THE WORLD
    • WORLD Watch
      • Article
        Lock icon Atlanta ranked most dangerous US city
        70 5 Reuter [WASHINGTON] Atlanta, the site of this year's Olympic Games, was ranked the most dangerous US city in terms of violent crime such as murder, rape, robbery and aggravated assault, a survey reported on Thursday. The Morgan Quitno survey, based on FBI crime statistics
        Reuter  -  70 words
      • Article
        Lock icon Israel seines spy equipment
        81 5 Reuter [JERUSALEM] Israel said yesterday it had seised espionage equipment Intended for the Palestinian Authority. Israel Customs Authority spokeswoman Idit Lev-Zerahia confirmed a report in the YediothAhronoth daily that said customs officials at Tel Aviv's Ben-Gurion Airport found the equipment on Thursday in the luggage of
        Reuter  -  81 words
      • Article
        Lock icon German budget deficit hits 50.2b marks
        40 5 AFP [BONN] The German deficit last year hit SU billion marks (5W9.5 billion), 12 billion marks mow than provided for in the 1996 finance (budget) law, German Finance Minister Theo Waigel announced yesterday. —AFP
        AFP  -  40 words
      • Article
        Lock icon US urged to use funds to understand Iran
        45 5 AFP' [TEHRAN] President Ali Akbar Haahemi RaftanJani scorned the United States yesterday for earmarking US$2O million (3128.5 million) for covert action against Iran, urging Washington to use the money instead to understand the Islamic republic better. —AFP
        AFP'  -  45 words
    • Article
      Lock icon BoE rewrites some rules following Barings debacle
      422 5 LONDON Central bank tells of increased cooperation with other regulators and new tests on banks Reuter THE Bank of England said on Thursday it had rewritten some of its rules, begun new tests on banks and increased its cooperation with other regulators following
      Reuter  -  422 words
    • Article
      Lock icon LSE sets out timetable for reform of trading systems
      242 5 LONDON Reuter THE London Stock Exchange (LSE) yesterday set out a detailed timetable for a controversial reform of its share trading systems that will create the biggest upheaval since the Big Bang deregulation 10 years ago. The announcement followed a week
      Reuter  -  242 words
    • Article
      Clinton optimistic of budget accord before presidential polls
      500 5  -  WASHINGTON Statement seen as bid to allay fears in financial markets By\ Leon Hadar US PRESIDENT Bill Clinton tried to reassure nervous financial markets on Thursday by saying he was "optimistic" the White House and Congress would be able to reach a
      500 words
    • Article
      Lock icon Legal bills pushing Clintons near personal bankruptcy
      222 5 WASHINGTON LAT PRESIDENT Clinton said on Thursday that a new report that he and his wife Hillary are approaching personal bankruptcy "is probably right." The president acknowledged that mounting legal bills for defending the couple in the Whitewater investigation and for responding to
      LAT  -  222 words
    • Article
      Lock icon Paris, London won't help bail out Eurotunnel
      161 5 PARIS Reuter FRANCE and Britain on Thursday spurned attempts by Eurotunnel SA pic to involve their governments in a company financial rescue plan. The Franco-British operator of the channel tunnel is exploring various options, including a bond issue, to refinance the company's bank
      Reuter  -  161 words
    • Article
      Lock icon World economy grew 2.6% last year
      164 5 UNITED NATIONS Reuter THE world economy grew an estimated 2.6 per cent in 1995 and is forecast to grow about 3 per cent in 1996, the United Nations said on Thursday. A half-yearly update of its 1995 World Economic and Social Survey said output
      Reuter  -  164 words
    • Article, Illustration
      Lock icon US blizzard to cost billions
      160 5 WASHINGTON AFP THE economic impact of the biggest eastern seaboard snowstorm in decades will be in the billions of dollars, and the costs are still mounting, analysts say. The storm, blamed for some 80 deaths in the eastern United States, will also have economic costs
      AFP; REUTER  -  160 words
    • Article
      Lock icon Clinton still undecided on keeping Greenspan as Fed head
      241 5 WASHINGTON AFP, Bloomberg Business News PRESIDENT Bill Clinton said on Thursday he had not yet made a decision on whether to reappoint Federal Reserve Chairman Alan Greenspan when his term ends in March. "I have to make that decision within a
      AFP,; Bloomberg Business News  -  241 words
    • Article, Illustration
      Lock icon Tories in turmoil after Thatcher raps moderates
      259 5 LONDON Reuter BRITAIN'S ruling Conservatives were in turmoil yesterday after an incendiary speech by former prime minister Margaret Thatcher in which she poured scorn on moderates for betraying the rightwing policies she made famous. Days after her successor John Major warned that infighting
      Reuter; REUTER  -  259 words
  • Page 5 Miscellaneous
    • Miscellaneous
      Page 5 Miscellaneous Column 1
      152 5 POONESBURY garry trudeau f SOLD! PeSPO/UNG RJ6H7$\ THANKS T ACTUALLY, W£'lL WELL, Au \TDTHB ARCTICUJiIOUFB f FORCONTR/X dESENPINGTHE K I'M SURE REFUGE: GO TV MR, J/M f fHJTINGTO \OtLTOTTSNAT- A GRATE' I ANPREWS OF UNIVERSAL J AMERICAS I URAL MARKET— FUL JAPAN pejroleuv! rwr I energy I japan, it's a
      152 words
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  • COMPANIES & MARKETS
    • Article
      Amcol shares up sharply on talk of takeover
      407 6  -  Staggering turnover and married deals spark talk that founding Kang family Is selling its stake w William Chia [SINGAPORE] Speculative favourite Amcol Holdings was once again the darling of market punters yesterday when its share price was chased up sharply on takeover
      407 words
    • Article
      Lock icon Forged Genting scrip: insurance agent pleads not guilty
      198 6 AFP [KUALA LUMPUR] A Malaysian insurance agent was charged in a local court yesterday with abetting an independent stock dealer in a M 52.14 million (Ssl.2 million) forged share scam involving listed Genting Bhd scrip. Chen Lim Fah, 39, pleaded not guilty
      AFP  -  198 words
    • Article
      Lock icon Pernas Int'l suspended
      97 6 Reuter [KUALA LUMPUR] The stock of Pernas International Hotels and Properties Bhd (PIHP) was suspended yesterday pending an announcement from the company, the Kuala Lumpur Stock Exchange said yesterday. Late on Tuesday, the company said the government had approved the privatisation of certain assets of its parent
      Reuter  -  97 words
    • Article, Illustration
      Volatility masks tech stocks'attractions
      594 6  -  HOCK LOCK SIBW By David Mok Technology stocks, especially semiconductor counters, in the US and around the region have been particularly volatile of late. US analysts and fund managers have been down-grading or dumping many chip stocks recently on fears of slower-than-expected earnings, and possibly a
      594 words
    • Article, Illustration
      Sats group signs HK$800m terminal deal
      250 6 [SINGAPORE] A Singaporebased consortium led by Singapore Airport Terminal Services (Sats) and Changi International Airport Services (CIAS) yesterday signed a HK$BOO million (***** million) contract to instruct and operate an air freight terminal at the new Hongkong airport. Under the franchise agreement with the
      250 words
    • Article
      KLSE clarifies rule on what constitutes limit-up, limit-down
      428 6  -  Recent sharp rally in second beard stocks leads to confusion among remisiers From Ho Kay Tat in Kuala Lumpur OVER how many consecutive trading sessions are share prices allowed to go the maximum 30 per cent limit-up or 30 per cent limit-down
      428 words
    • Article
      Tangs will incur $9.5m charge in Studio move
      220 6  -  By, Jenny Lam RETAILER C K Tang will incur a whopping one-off charge of about $9.5 million in downsizing its Tangs Studio in Ngee Ann City. The writeoff was calculated based on the company's statement yesterday which said the downsizing would increase
      220 words
    • Article
      Sembawang to invest $160m in chemical utility, storage centre
      230 6 [SINGAPORE] Sembawang Corporation plans to invest in a $160 million utility and storage centre on Pulau Sakra, one of several Southern Islands set aside for chemical facilities. The centre, the first of its kind in Singapore, will initially provide steam, cooling
      230 words
    • Article
      Malaya Glass profit set for 7-fold jump to M$57.8m
      311 6  -  Boost comes from injection of FAN'S M'si&n operations From'. Ruth Wong in Kuala Lumpur FRASER Neave Ltd's injection of its Malaysian operations into associate Malaya Glass Bhd will boost the glassmaker's pre-tax profit sevenfold this year. In a circular dated Jan
      311 words
    • Article
      Comfort to sell Peugeot cars in Myanmar
      204 6 (SINGAPORE] The Comfort Group, which took over the distributorship of Peugeot cars from Advance Automobile on Jan 1, announced yesterday that it would also be selling the French marque in Myanmar. The Job will be undertaken by Comfort Myanmar, which was incorporated in
      204 words
    • REGIONAL COMPANIES
      • Article
        GIC to take 15% of group bidding for HK$40b deal
        422 7  -  Stake could amount to $Llb making it one of GIFs largest property exposures abroad From Quak Hiang Whai in Hongkong THE Government of Singapore Investment Corporation (GIC) will take a 15 per cent stake in a consortium which yesterday tendered
        422 words
      • Article
        Lock icon Mulpha unit in Australia under probe by securities watchdog
        245 7 Reuter ISYDNEY] Australia's corporate watchdog, the Australian Securities Commission (ASC), said it was examining complaints received about AusChina Corp Ltd, a small Chi-na-associated cashbox company which listed in Australia last year. AusChina's largest shareholder is Mulpha Australia Ltd, owned 73 per
        Reuter  -  245 words
      • Article, Illustration
        Lock icon S'pore-listed TAC to trade in Thai OTC market from Tuesday
        381 7  -  Six million of the mobile phone operator's shares to be moved to Bangkok Reportstrom Loh Hui Yin in Bangkok AFTER several false starts, Singapore-listed Total Access Communication has finally cleared all hurdles and will trade in Bangkok's over-the-counter market from
        Source: Bloomberg; ALLAN  -  381 words
      • Article
        Ucom's bid to enter banking sector
        344 7 [BANGKOK] United Communication, the parent of Singa-pore-listed Total Access Communication, is to take a 5 per cent stake in a consortium vying for a banking licence to be issued by the Thai government. "It will be a strategic, not a technical, investment," said Poosana
        344 words
      • COMPANY Briefs
        • Article
          Lock icon Sun Hung Kai selling HK$10b in flats
          52 7 Bloomberg Business News [HONGKONG] Sun Hung Kai Properties Ltd, one of Hongkong's largest property companies, expects to sell more than HKIIO billion (511.84 billion) worth of apartments this year, the Chinese-language Hongkong Economic Journal reported yesterday. That represents as many as 5,491 flats.—Bloomberg
          Bloomberg Business News  -  52 words
        • Article
          Lock icon Ziff-Davia unit profits from the Internet
          66 7 Bloomberg Business News (CAMBRIDGE, Massachusetts] Ziff-Davis Publishing Co said its Internet unit made US$l.2 million (Ssl.7 million) in advertising revenue in M 96, making it one ofthe highest moneymakers in a new advertising market ZD Net debuted in April on the World Wide Web,
          Bloomberg Business News  -  66 words
        • Article
          Lock icon Insurer sells Midland Life stake
          37 7 Reuter [LONDON] British insurer Commercial Union said yesterday it had sold its remaining 20 per cent stake in Midland Life Ltd to Midland Bank pic for £50 million (SSI 10 million). —Reuter
          Reuter  -  37 words
        • Article
          Lock icon Polypropylene film venture in China
          74 7 AFP [TOKYO] Japanese trading house Nlssho Iwai Corp said yesterday it had taken a 33.3 per cent stake in a polypropylene film packaging joint venture established in China. Tokuyama Corp, a Japanese diem icals company, has a 51.7 per cent stake with TianjinZhongbaoWanhua of China
          AFP  -  74 words
      • Article
        HSBC Indon branch in HK$150m fraud probe
        112 7 [HONGKONG] A branch of the Hongkong and Shanghai Banking Corp in Jakarta is being investigated over a scam which could amount to HKIISO million (5127.6 million), according to the Hongkong Economic Times. The paper said the incident followed a cheating case in a
        112 words
      • Article
        Lock icon Retailer Brashs planning to expand in Australia, say officials
        383 7 Recovery meeting expectations, Dec sales up 7% Reuter [MELBOUkWE] The recovery of Brashs Pty Ltd, the Australian retailer in which Japan's Daiichi Corp is taking a 49 per cent stake, is meeting expectations and it plans expansion in Australia, company officials
        Reuter  -  383 words
      • Article
        Lock icon HK reminds H-share firms to improve disclosure practices
        225 7 Bloomberg Business News, Reuter [HONGKONG] The Stock Exchange of Hongkong has told all 17 Chinese companies whose shares are traded in Hongkong to improve their disclosure practices. It's the third time in as many months that Hongkong and Chinese regulators have told
        Bloomberg Business News,; Reuter  -  225 words
      • Article, Illustration
        Lock icon Asian stocks likely to surge further
        548 7 Bloomberg Business News [HONGKONG] During the first two weeks of the year, trading doubled in places such as Hongkong, Singapore and Kuala Lumpur as the region's stock markets rallied. The rise in trading suggests Asian stocks may power further ahead in 1996. "These markets
        Bloomberg Business News  -  548 words
    • INTERNATIONAL COMPANIES
      • Article
        Lock icon Barneys-Isetan tie-up turns sour
        401 8 US retail chain's Chapter II filing may affect Isetan Bloomberg Business News [NEW YORK) Barneys Inc, a chain of trendy clothing stores favoured by the rich and famous, filed for bankruptcy court reorganisation following a dispute with its Japanese partner, Isetan Co. New York-based Barneys said
        Bloomberg Business News  -  401 words
      • Article
        Lock icon Apple heading for a breakup?
        378 8 Analysts say firm's restructuring will have to go beyond merely cutting costs Reuter [SAN FRANCISCOJ As it prepares a restructuring plan, Apple Computer Inc may be headed for a breakup of the company. "If they cut 1,000 jobs, it's business as usual," said Kimball Brown,
        Reuter  -  378 words
      • Article
        Lock icon Kmart reaches agreement with debt holders
        217 8 Reuter [CHICAGO] Kmart Corp won agreement from enough creditors on Thursday for a pact that will allow the discount giant to avoid bankruptcy even if its credit rating is downgraded in coming days. Standard Poor's said it expects to decide by the end of
        Reuter  -  217 words
      • Article, Illustration
        Lock icon Branson may face lawsuit
        61 8 [LONDON] American company GTECH is set to sue Virgin founder Richard Branson over allegations that it attempted to bribe Mr Branson during the bid for the running of the National Lottery. Mr Branson, seen at his desk on Thursday after the news, is due to leave
        REUTER  -  61 words
      • Article
        Lock icon Sumitomo Metal to cut 3,400 jobs in revamp
        174 8 Bloomberg Business News [TOKYO] Sumitomo Metal Industries Ltd said it will cut 3,400 jobs and spend 50 billion yen (5167.5 million) to revamp a major plant, a move designed to strengthen the company's advantage in the market for specialised pipes used in
        Bloomberg Business News  -  174 words
      • Article
        Lock icon Morgan earnings jump 47% in 4Q to US$366m
        279 8 Surprise profit comes amid mixed results for other big banks Reuter [NEW YORK] JP Morgan Co Inc said on Thursday its earnings jumped 47 per cent in the fourth quarter, easily surpassing expectations on Wall Street, but other big banks posted mixed
        Reuter  -  279 words
      • Article
        Lock icon UK phone network plans March flotation
        163 8 FT [LONDON] Orange, the British digital mobile phone network, is to be floated in London and New York in March, provided there is no slump in world equity prices in the next few weeks. The company is expected to be valued at around £2.2
        FT  -  163 words
    • SHIPS IN PORT
      • Article
        CONVENTIONAL WHARVES
        595 8 VhnI Vtf M Nrtk Arrival Oapirtara JN|M (ID IHMt 0675 Jl Howjm* 001/0400 (IT) fatoa Tatar 03* Jl HoatsMt 001/2300 §T) Safin* Jaya VN Jl Oongsxk OOVOOOO Sarvati M 5/94 Jl tknpxH U.OVOMO ASM* Uory B Jt atoaqsMa OOVBOO tat Hw V94 J3 aMwqsid* 001/0500 jartw WOS JI/9
        595 words
      • Article
        CONTAINER SCHEDULES
        1467 8 RECEIVING OF EXPORT Fa CONTAINERS AND La CARGO BooMnq/Manu Rstts SMp Voy Wo Etfc/Btr Nrtod Frw To F row taUtH om 15/0700 12/600 B/B» B/BM a i:;-"oc ivm» umw S I2/T700 11/0659 11/0900 1 a/0700 U/1159 13/UOO 4 a/1200 a/ww u/ttoo mmmm cam mm i b/bw a/urn b/bw
        1,467 words
    • FINANCE & COMMODITIES
      • Article
        Lock icon Chemical-Chase merger gets final yes
        449 9 The final approval allows the acquisition to be completed before Mar 30 Bloomberg Business News [NEW YORK] Chemical Banking Corp's plan to acquire Chase Manhattan Corp for about US$lO billion (5514.2 billion) was approved on Thursday by New York bank regulators, paving the way for
        Bloomberg Business News  -  449 words
      • Article, Illustration
        Lock icon Daiwa to close most of its foreign offices
        363 9 Sweeping reform will also see staff cats, transfer of overseas trust accounts Bloomberg Business News [TOKYO] Daiwa Bank Ltd will shut most of its foreign representative offices, slash its workforce by 8 per cent and transfer overseas trust accounts to other banks
        Bloomberg Business News; REUTER  -  363 words
      • Article, Illustration
        Lock icon Long-term dollar bulls are remaining elusive
        400 9 UBB/DM: The US$/DM generally traded lower for the first three days of this week, touching a low of 1.4325 on Wednesday. Buying interest emerged on Thursday, boosting the unit to around 1.4420 yesterday morning. Short-term indicators favour a test of the upside resistance at
        Source: DBS Bank  -  400 words
      • Article
        Lock icon Industry body hails new derivatives accounting
        261 9 Reuter [WASHINGTON] A new approach for accounting for derivatives adopted by the Financial Accounting Standards Board (FASB) on Thursday is a promising start, according to members of the International Swaps and Derivatives Association. After years of struggling, the accounting board voted to have its
        Reuter  -  261 words
      • Article
        Lock icon Chicago Merc launches milk futures
        143 9 Bloomberg Business News [CHICAGO] The Chicago Mercantile Exchange on Thursday returned to its roots as a place to trade agricultural products with the launch of milk futures. "Dairy farmers and processors can now benefit from the same hedging capabilities and advantages that have been available
        Bloomberg Business News  -  143 words
      • Article, Illustration
        Untitled
        1176 9 DtTBRBAIfg CUBBgjfCT RATB8 4P m.Jan,i MM SS AfdMt USS niitnrt 11 AliMt vs$ Cwwcf Mi OWir Hi Offar CwwdM Mi Offtr Q|< QfHr FmdlftMC 28.7443 20.7732 4.MW 4.9495 Local dollars to one unit of foreign cvmmcy: NMffcMf Mter 1140 1MI 7.7322 7 7312 Australia* Mtar ***** ***** 0.7430 0.7439 HOanHll
        1,176 words
      • Article
        Lock icon Oil price gains may melt away with the snow
        321 9 ENERGY REPORT Reuter [LONDON] Frigid temperatures and stormy seas in the final three months of 1995 paved the way for the unexpected oil price rally that is only now showing signs of slowing. But oil traders and analysts say producers like
        Reuter  -  321 words
      • Article
        Lock icon Asia sparkles for Israel diamond merchants
        170 9 AFP [RAMAT GAN, Israel] Asia is the new Eldorado for Israel's diamond merchants, who are counting on the Far East to keep their record-breaking exports sparkling. The Israel Diamond Institute (IDI) reported on Wednesday that rising sales in Southeast Asia and Japan helped drive
        AFP  -  170 words
      • Article
        Lock icon CURRENCY REPORT
        162 9 Reuter THE dollar was sandwiched in familiar levels, supported by a rally in US stocks and bonds overnight and a weaker mark. The Dow Jones recovered 32 points on Thursday and 30year bonds moved up in concert as dealer sentiment turned hopeful for an end to the US
        Reuter  -  162 words
    • COMMODITIES & FUTURES
      • Article
        COMMODITY Reports
        930 10 [KUALA LUMPUR] The price of tin fell further on the Kuala Lumpur Tin Market by ten sen to M 115.92 a kg yesterday. Sentiment on the overnight London Metal Exchange was easier and the metal fell by US$6O in that market. Turnover totalled 107 tonnes from 159 on
        930 words
      • Article
        SIMEX Report
        1061 10 (SINGAPORE] The US dollar's rise above 105 yen in early Tokyo trade put pressure on Simex Euroyen and Japanese government bond (JGB) futures at noon yesterday. Dealers said the Bank of Japan's moderate money market operations had also kept Euroyen and JGB futures from rising. September Euroyen was
        1,061 words
      • Knight-Bidder Commodity Summary
        • Article
          US cotton imports seen up
          100 10 [CHICAGO] US textile mills are likely to import around 100,000 bales of cotton in 1995-96, with commitments already exceeding 50,000, according to industry estimates. In its December supply/demand report, the United States Department of Agriculture estimated American imports at only 20,000 bales, but traders and
          100 words
        • Article
          Russia producing less aluminium
          103 10 [MOSCOW] Rising production costs and falling world prices may result in a fall of up to 15 per cent or about 300,000 tonnes in Russia's aluminium output this year, traders and industry officials said yesterday. As the domestic market has shrunk "to a degree where it
          103 words
        • Article
          World crude steel output up 3.5%
          126 10 [GENEVA] World crude steel output rose 3.5 per cent in 1995 to 750.6 tonnes compared with the previous year, the United Nations Economic Commission for Europe reported yesterday. It said the centre of steel production continued to shift away from developed countries towards developing
          126 words
        • Article
          S Korea to import more pork
          133 10 [TOKYO] South Korean pork imports will likely grow by almost 40 per cent this year to 50,000 tonnes, up from 1995's 36,000 tonnes, said an official of a US meat export body. Joel Haggard of the Denver-based US Meat Export Federation said US pork
          133 words
    • Article
      COMMODITY PRICES
      1122 10 8100M PUTUEBS Jan 12 RMMR (Mans dMiat as at SJOhO MS 1 CO*TtACT(S c«rtiA«) CtMt VoMum OfM Month Mlfk Low Satt (touMs) Mm( Fa* 96 223.50 75 1750 Mar 96 223.50 223.50 223.50 ISO 2375 223.75 222.50 222.00 325 3900 96 223.75 222.50 222.00 325 3900 JwM 223.75
      1,122 words
    • Article
      WORLD STOCK MARKETS
      1619 11 fl London +14 EQUITIES closed a nervous session slightly higher as a double digit gain was erased in the final thirty minutes of trade by a weaker Wall Street. "People are still very nervous. We've just been tracking the US market. There had been hopes that we
      1,619 words
    • Article
      REGIONAL STOCK MARKETS
      4699 11 n**>» -105 STOCKS gave up early gains to end lower yesterday as investors took profits and adjusted positions ahead of the long weekend here. Brokers said the market would continue consolidating next week. The Nikkei Average dropped 90.5 points to 20,287.42, ofr a low of 20,208.09 and
      4,699 words
    • Article, Illustration
      Lock icon HONGKONG
      2400 12 AFX-Asia H Hang Seng +11(U> SHARE prices closed higher but off highs on ongoing concerns over share placements and warrant issues, dealers said. The Hang Seng Index closed up 110.19 points at 10,540.01 after trading to a high of 10,633.68 and a low of 10,447.23. Turnover was HK$B.2l billion.
      AFX-Asia; JEN CHUA; FRANCIS  -  2,400 words
    • Article, Illustration
      Lock icon CHINA
      599 12 Reuter D Shanghai B Shire lain -QJ7 SHANGHAI B Share Index closed down on overseas selling, triggered by investor concerns over possible poor 1995 company results. The index dropped 0.4 point to 50.77 on volume of 5.8 million shares worth US$l.B million. Of 29 shares traded, five closed up,
      Reuter; Source: Credit Lyonnsis Securities(Asia) Ltd  -  599 words
    • Article, Illustration
      Lock icon JAKARTA
      1014 12 Bloomberg Business News fjOwmoctfllafci +17.21 STOCKS rose to a 22-month high, as foreign investors bid up blue chips such as Telekomunikasi Indonesia and Indocement Tunggas Perkasa. The Composite Price Index jumped 3.2 per cent, or 17.21 points, to 550.99, its biggest one-day gain in percentage terms since May 1995.
      Bloomberg Business News; BCRUZ  -  1,014 words
    • Article, Illustration
      Lock icon BANGKOK
      1194 12 Bloomberg Business News Hsctmt *as STOCKS rose to their highest in six months, led by housing developers, on expectations interest rates will fall. "The Bank of Thailand is trying to keep rates up as long as it can," said an analyst. "But they can't fight a global downtrend." The
      Bloomberg Business News; ALLAN  -  1,194 words
    • KUALA LUMPUR STOCK MARKET
      • Article, Illustration
        Lock icon Stocks soar on second wave of foreign buying
        6338 13 KOALA LUMFUHfieporfe Bloomberg Business News PCtmpoßtelßdc +14J6 STOCKS rose more than one per cent to a five-month high, riding a second wave of buying by foreign ftind managers who believe US stocks are nearing their peak. "A lot of the liquidity is
        Bloomberg Business News; ALLAN  -  6,338 words
    • WARRANTS & OPTIONS
      • Article
        Sriwani warrants worth looking at despite the high premium
        3411 14  -  WARRANT WATCH By Paul Leo SRIWANI Holdings warrants presents an opportunity to get some exposure to the tourism industry in Malaysia. Sriwani Holdings trades, wholesales and retails duty free merchandise through nine retail and four wholesale outlets in Malaysia. It is
        3,411 words
    • Article
      CLOB INTERNATIONAL
      1777 14 Or Or ItN/N Last V«l Bay LaatOnato M» MM VM MM MCap HM» l»m 9*m Cia»oay Sal* POOOI m Mayar *oaor Or W laM MS M a M(0 AISO 50c Hi MO SM 545 SIS SM U tl U MO 504.1 420 MS SMI AMOOSOc M 4 Min
      1,777 words
    • STOCK EXCHANGE OF SINGAPORE
      • Article
        Untitled
        1239 15 3 VALMC004) a? —a i3 a *3 ;5 MM M44 LM aMS 2*0*4 XMT Urn »—>»» «M» aw* 4UN 53» ***** nam am urn »f» J2« tw m* uai «JgJ M£J «IM Mffi MM* 2S2SL 3 SMS mmr mm umto sumo iuM am "*2L CUM TOTAL i- ft .ft 1*
        1,239 words
      • Article
        MAIN BOARD
        3549 15 Or Or M art yam Laat v* Day uhqmm mv m w m ca» Av* "N> f«—■* roooi H9» taar —yar 8a8ar CV Wl $5 Prt5 iS 25. 255 ***** -3 240 205 201 204 205 IX* 337.7 222 2 m I 22? cm 50c US 536 474
        3,549 words
      • Article
        SESDAQ
        776 15 Or Or M«t ¥M On LaatOuate n» M> w M Cap Av* J5C u* ww ciw>m» +h roam utm u> —rm smmt v* pk gwa *2? J® f°9° 22 2*5 275 264 272 273 16.0 6.9 03 59.1 1203 2*7 S2 32. Si?, i2?5?? ,,50e 2S 7 a 207
        776 words
      • Article
        Untitled
        211 16 Stocks Vatom Amcol25c 29,021.000 WC 12.992.000 •Sri Hartamas t0.792.000 ■ntE*gWt97 10,215,000 *Tongkaii 1R99 8,691,000 HKlantf US$0.1 7^51.000 •Fran* 6,938,000 Dm Enq 25c 6372.000 *MrisHyd50c 6,181.000 Tongfcali HMgs 5,738,000 ttMki AmcoI 25C 126.816,240 Rappei Corpn 27,603,038 SIA IMp *****,900 0C8C Foreign 25,613,090 Foreign *****.577 IRC 19.449.150 •Westmont Land 19.*****0 H08 Foreign
        211 words
      • Article, Illustration
        Lock icon HOT STOCK
        64 16  -  by Shiv Taneja JEN CHUA HOTEL Properties' eight-cent rise yesterday to $2.47 on a volume q f&9 million shares doesn't look sustainable. Daily and weekly RSI and stochastics are heavily bought, and though the moving averages and MACS charts indicate more upside, investors should consider taking profits soon.
        JEN CHUA  -  64 words
      • Article, Illustration
        Strong foreign buying sparks broad-based rally
        692 16  -  STOCK MARKET COMMENTARY Sim accompanied by big turnover jump, leading to market expectations that surge will spill over to next week By Paul Leo ISINGAPORE] Foreign fluids continued to pile into the stock market yesterday, leading to expectations that the New Year rally will
        692 words
      • ON THE GRAPEVINE
        • Article
          Still waiting for Tan Chong to act
          222 16 SOMEONE out there either has his boots full of Tan Chong shares that he wants to unload or the company isn't telling us something. We received an anonymous Atx i telling us that Tan Chong plana to develop its three huge piecee of
          222 words
        • Article
          How to get an optims market going
          144 16 TRADING in stock options in Hongkong reached a new record yesterday when 36*338 options were written. This was up from the previous record of only 9,338 options set last October. The record came a day after the Peregrine Group issued 40 million covered
          144 words
        • Article
          Why not many covered warrants here
          53 16 BUT ofcourse a reason there aren't that many covered warrants issued in Singapore could be that one of the biggest potential issuers of covered warrants, the Big Four Banks, may not want to upset commercial banking relations with their corporate clients by issuing warrants
          53 words
        • Article
          Brokers on brokers
          97 16 WHAT goee down must come up. The recent gain* In stockbroldngsharee testify to this. Shares tn stockbroking firms have been battered tor almost two yean now. With the return of the bulls, it is no wonder that several broking firms are asking clients to buy listed4>roking companies.
          97 words
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      81 7 Now with Business Centre, you can land more business opportunities than ever before. Simply because we help you stay in touch with prospective clients 24 hours a day. Through our Hotline, they II fIL IJj can get easy access w I oto information on your products or services. Anytime, anyday.
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      109 11 Giwi yon instant aecest to reliable stock info re aMW'' -,o help fftlfaw ffhUPIHW POCTMT anytime, adhere. rortH*" M "T!ff»o«' «UMH.oi«|ni.>. ra y« Lets you make timely decisions on your investments. M frep tracK°JjZZ—^7 AU you need is key in the 4-digit stock number I A bold new look and
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      118 12 A lIIj I r 1M j 1 IJT I I T C D A O Subscribe to I (***/**/(>■> m. 1% Pi 111 Fj liU IJU JJ/XV/JV Hie Business Times, AcJdress Hy papfT ttVP r— Find out by reading The Business Times daily. mover* T6tephoneNoM: Occupation: Tlx/Fax*: 12 months I
      118 words
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      24 13 For further information on which newsstands carry Her World, Go, Singapore Business, Home Decor, Young Parents, Please call our Customer Services Section on 1800-749-2577.
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      80 14 1 I Ji;- V IK-'' r" *jjf|§' T"T r£'V J 1 .1 f f 'jjV'": *r&T?3:* '3&$a& r i j 1 A 3-h«|* £rr.2-£, -~i&i «',**->-*-*'■%> J < < s --li k ••»x»• tsT' s- ♦-•••»< ~*v* *iv -ll&k *■*<*- ■> v I > j i < r .tC*^.3^*%• -K
      80 words
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      295 16 friendship [Connections 1900 914 0902 (Mandarin) If you call before 14 February '96, c co you stand to win great prizes. You can also get tips on relationship matters. The charge for each call is 30 cents a minute. We invite you to be a part of us to know
      295 words
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      Page 16 Advertisements Column 2
      129 16 TOL^^RE^TEL^oT^BCT4f-iee^^FAX^74l-1298 ARE THE BULLS BACK Find out by reading The Business Times. TheßusinessTimes I Subscribe to The Business Times, the paper the market movers read. J I 12 months I 1 Business Times I Name (Mr/Mrj/M»A>-) —Age: at S$ 265.20. I Mdnm. J I J Telephone No (H): (O) Occupation:
      129 words
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      Page 16 Advertisements Column 3
      929 16 Singapore Closing Share Prices 12/01/1996 CLOSE PREV LOW HIGH use use use use WW/ Jardine Matheeon 7.55 7.40 7.45 7.65 FIBBIVI Jardine Strategic 3.10 3.10 3.14 3.18 I lAfififif J Dairy Farm 1.07 0.08 0.08 1.07 Hongkong Land 1.86 1.82 1.83 2.02 Mandarin Oriental 1.27 1.27 1.27 1.28 EfißSlUßa Jardine
      929 words
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  • EXECUTIVE Lifestyle
    • Article, Illustration
      Have food business, will travel
      1399 17  -  Hot Stones, Brazil Churrascaria and Dome outlets are now found in Kuala Lumpur, susam tsajtg looks at the concept restaurants that have gone regional SUSAN TSANG WHILE Singapore chicken rice is winging its way to China, along with our food courts, more up-market, concept restaurants
      1,399 words
    • STRAWS In The Wind
      • Article
        Stay tuned while you pee
        106 17 TALK about progressive loos. ANA Hotel Singapore recently unveiled its 21st Century restrooms, which feature the latest in sensor-controlled taps, flushing systems and lights. At the same time, it has put—over the urinal in the men's 100 a television screen tuned to CNN news. And
        106 words
      • Article
        Tell-tale phone
        79 17 Has Singapore Telecom broken into the Japanese market? So it would have seemed if you caught a recent episode of Channel B's much hyped-up serial. Golden Pillow. A Japanese businessman was shown using a telephone in Japan, that is that had a Telecom Equipment label. News to Telecom,
        79 words
      • Article, Illustration
        Fishy logic
        77 17 Spotted at one of the seafood restaurants at Waterfront, Cape Town: "Eat more fish! Fish gives you brains. With brains, you can make money. Money can buy more fish Why? Because they swim in schools". And a sign in a shop window in Knysna, a town located about
        77 words
    • BOOKS
      • Article, Illustration
        New answers to unasked questions
        2626 18  -  What is the role of the manager in the information age? hi mini cbam reviews some of the books by management gurus that shed new light on this subject EILEEN CHAN The writer is a freelance journalist who contributed this article to Executive Lifestyle MANAGEMENT,
        2,626 words
    • PROFILE
      • Article, Illustration
        Lock icon From doodling to designing
        1653 19  -  Ho Kwoncjan's (right) creative and technical expertise has helped in no small way to make Wah Chang's venture into property development a success. His architectural firm Architrave was responsible for designing the luxurious Banyan Tree resorts and other projects in the region. ooHHWBEuro talks to the
        ARTHUR LEE  -  1,653 words
    • Article, Illustration
      With a little help from their fans...
      562 20  -  NIGHTSPOT Imagine The Australian Beatles as aged versions of the Fab Fear, and yon should get yonr money's worth of nostalgia and fan By i Corinne Kerk WHAT timing. It took all of 25 years for a Beatles' reunion late last year, and
      562 words
    • Article, Illustration
      Mucking about with Hawthorne
      548 20  -  CINEMA With its bad casting, atrocious screenplay and cotton-candy ending, Roland Joffe's The Scarlet Letter is guaranteed to make Hawthorne fans see red By\ Corinne Kerk IF a movie opens with a disclaimer that reads: "Freely adapted from the Nathaniel Hawthorne novel", believe it. For even
      548 words
    • Article
      An unexpected dose of bad medicine
      594 21  -  TELEVISION Even Chicago Hope has its off-days, and last Sunday was one of them By Kevin Sullivan NOTHING is worse than old friends letting you down. I'm still in shock. Sunday's re-run of Chicago Hope (Channel 5, 2pm) was a stinker. The script writers,
      594 words
    • Article, Illustration
      WHAT'S ON
      406 21  -  Compiled by Corinne Kerk EXmBITIOM Krljono Works In Charcoal Indonesian artist Krijono returns for his second solo exhibition in Singapore with 30 of his recent works. In these works on paper, the artist once again focuses on his favourite subject the lovely Balinese people. They are depicted in
      406 words
    • EPICURE
      • Article, Illustration
        Keeping up standards
        714 22  -  Liana's may have gone through some changes, but its service remains impeccable, reports wwihhh ibu CORINNE KERK IF people stop making dates with you, there are several things you can do. You can forget about them. You can opt for a major makeover. Better still, you can
        714 words
      • Article, Illustration
        It can't get much hotter than this
        604 22  -  RESTAURANTS The floating Seafood RMtummt'i Sfrocfcaaa dishes could well send yea into orbit By\ Susan Tsang SINGAPOREANS will get a blast of authentic Szechuan food in the first promotion by the Floating Seafood Restaurant at the Malay Village. According to Clarence Cheung, GM
        604 words
      • Article, Illustration
        Top of the table once more
        804 22  -  WINE CONNOISSEUR Thanks to the Mentielopeiilos family, Chateau Margunx is back in top spot among Bordeaux's First Growths By: N K Yong CHATEAU Margaux is today the hottest property in Bordeaux, the primum inter pares of the First Growths, with the finest record for
        804 words
    • Article, Illustration
      CINEMA
      1078 23 Bake. A lonely little pig 1s adopted by sheepdogs and achieves shepherding greatness. A real winner. Yishun: 11.05; 1.05; 3.05; 5.05; 7.10; 9.10; 11.15; 1.15 am. Bishan: 10.45; 5.15; 11.45. Tiong Bahru: 10.50; 5.15; 11.40. Pavilion 7.15pm. Boon Lay: 8.50; 1; 5.10; 11.45. Jurong: 1; 5.15. Century: 1.90; 5.90;
      1,078 words
    • TRAVEL
      • Article, Illustration
        Lock icon Wild nights and natural wonders
        1272 24  -  Brazil, land of body-beautiful beaches and serenading samba bands, also boasts natural highlights like the spectacular Iguacu Falls, writes habs obabam MARK GRAHAM The writer is a Hongkong-based journalist who contributed this article to Executive Lifestyle. BRAZIL is a country of wild contrasts, from its
        ALL PHOTOS BY MARK GRAHAM  -  1,272 words
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      835 20 ■11 n I '\ii Ol 'm WHERE TO WINE, DINE AND ENTERTAIN worlds largest selling beer IK i LONG BEACH DOUBLE FORTUNE PROMOTION nM Coni()tißoflt§fy bottlo of Hoißy Moftin XO Spodol 70cJ Of i.. a m. a. fiiirf l| a ,ni* Wfn fUU *nffß9 V (VSviVVIM? W Uww rNrC(Iv a
      835 words
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      Page 20 Advertisements Column 2
      149 20 V= I fancy 'Beijing? I Then, we're delighted to suggest the Tine Court for a memorable dining experience. Our lunch menu offers a variety of dietn fpt 'Beijing dumplings, selection, of |Mrrn Hn? such as 'Beijing 'BaJyd Tench end "Marinated Lamb, fancy some nowf CHINESE y RESTAURANT IMandarut Singapore i
      149 words
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      542 21 Where to wine, dine and entertain I Unwind witk golden huhhles at the Hubert us Grill ikii Sunday witk a free glass of Gold Sekt Champagne, containing real 24 I carat gold flakes. Tke perfect compliment to a Sunday Brunch, tkat even King Midas find kard to resist. A ANA
      542 words
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      Page 21 Advertisements Column 2
      195 21 v/K!nf/c if. International Hotel y Hsiang withadecadeof fJ, >' banquet experience, takes pride in I providing you the most sumptuous 'fj}* feast enhanced by an elegant il ~yy atmosphere all under one roof. H J A Choose from a \fc\* 9-COURSE SET MENU AWifl $288 per table (weekdays) HHHIBIfIIHMHHHHH f|
      195 words
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  • Page 23 Miscellaneous
    • Miscellaneous
      Page 23 Miscellaneous Column 1
      2151 23 TODAY'S TV MO Indra (Movie). KBOOBOMMDBD ■■»«—ntfl ixoo MN TV Innovations. ILOO AM M.O.G. as Seen on TV 2joo AM Close. SllDermUm S LOO piTsoccer: FA Cup Ar M ■HHHHBH 4#y music. She plays Red Hot, chiveB Manchester us AM Prog Summary dilemma Toccata and Fugue and I city vs
      2,151 words
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