The Business Times, 24 August 1996

Microfilm: NL20626
Total Pages: 24
1 24 The Business Times
Page thumbnail Page 1
  • Title Section
    Masthead
    14 1 THE BUSINESS TIMES MITA (P) 046/12/95 Internet: http://www.asial.com.sg/biztimes SINGAPORE WEEKEND EDITION, AUGUST 24-25,1996 85c
    14 words
  • Article
    MARKET SUMMARY
    66 1 sra 2KBLSB (+18.79) PI BTCOMP U *****3 (+11.98) PI BT-HQA U 1M9L67 (+7.21) OTOCI MAMErmDKBS Friday Chugp KLSE OOMP 1119.48 -128 MKXEI -*1228.80 -134.44 BANG SENG *****.64 -64.13 SET INDEX 1106.73. 16.68 JAIAKTA COUP 549.21 +4.* MANILA OOMP 3226.46.. +38.68 TAIPHWPl 6280.22 +3940 SEOUL OOMP 781.42 +1.79 CL£A
    66 words
  • Article
    FINANCE
    69 1 BXQUMB14TES uss s$ USI 1.411 1.551 2.189 OH 0.671 1947 VtM OAt... 1J02 M .0.401 0.566 HKS 0.129 0.182 BAHT .0.041 0.056 RUP1AH 100 OJa„ .0.010 FUME BATES SINGAPORE* 6.44 KUALA LUMPUB 9.25 JAKARTA. 18.00 BANGKOK 1125 MANILA .13.50 HONGKONG ASO TAIPEI 9.25 SYDNEY 1075 TOKYO .3.90 SEOUL 10.95
    69 words
  • Article, Illustration
    Economy may see sharp downturn this quarter
    546 1  -  Short-term outlook still good as rebonnd expected before year-end: economists Byi Anna Teo [SINGAPORE] The economy will see a sharp downturn in the current quarter but, with a rebound widely expected by the year-end, the short-term outlook remains good, economists said yesterday. The
    546 words
  • Article
    Office rents hit wall as tenants resist hikes
    664 1  -  By\ Michelle Low [SINGAPORE] The office market appears to be losing steam after a bubbly first half, with agents reporting an increasing resistance to rising rents and prices. Industry watchers put it down to a basic discrepancy demand seems to be slowing
    664 words
  • Article, Illustration
    Lock icon Metro shares jump 34% as takeover talk grips market
    433 1  -  By, Jenny Lam [SINGAPORE] As sudden as it was sharp, Metro Holdings jumped $1.55 or 34 per cent yesterday to $6.05 in heavy trading on takeover rumours. It elicited a routine query from the Stock Exchange of Singapore, and a stock
    Source: Bloomberg  -  433 words
  • Article
    SembCorp interim down 42% to $17m
    411 1  -  By\ Rahita Elias [SINGAPORE] Sembawang Corp yesterday reported a 42 per cent fall in interim net profit to $17 million, weighed down by the poor performance of its marine and new businesses. For the six months ended June 30, its turnover rose 22 per
    411 words
  • Page 1 Advertisements
    • Advertisement
      Page 1 Advertisements Column 1
      143 1 MWIIEK Coffee culture Is the market big enough to accommodate the proliferation of gourmet coffee bars and cafes?, ELI Fiiu tradiag The Fibonacci Trader, from 'New Market Wizard' Robert Krausz, is a tool for the thinking and hardworking trader, P|3 WWrBTMiPB Metro stick op 34% tnid Metro is no stranger
      143 words
    • Advertisement
      Page 1 Advertisements Column 2
      6 1 Private sector must take initiative, Pg2
      6 words
    • Advertisement
      Page 1 Advertisements Column 3
      72 1 First Theme Chinese Restaurant! L > 4 The Paramount with a fresh new look is probably the most beautiful restaurant in Singapore! And to complement our T^TTMBMflff whipped up a whole new BPPf fSS array of dishes to make p Ijjß W reservations Singapore's 3 ~—m most beautiful restaurant! V
      72 words
    • Advertisement
      Page 1 Advertisements Column 4
      9 1 SembShlp fares best of Big Three yards, Pg 7
      9 words
Page thumbnail Page 2
  • SINGAPORE AT HOME & ABROAD
    • Article
      CIDB raises demand forecast by $2.7b to $17b
      342 2  -  Revision largely due to bringing forward of Jurong Island reclamation project By. Poo-Cheong Wai Ming THE Construction Industry Development Board (CIDB) has revised its demand forecast for the industry to $17 billion, an increase of $2.7 billion from an earlier forecast in
      342 words
    • Article
      Private sector must take initiative: winner
      460 2  -  ECONOMIC FORECAST OF THE TEAR AWARD Sector most not wait for govt direction in drive to become financial hnb Reports by Anna Teo THE private sector must take the initiative right away if Singapore intends to become the uncontested financial centre of South-east Asia
      460 words
    • Article, Illustration
      Lock icon Think you can do better? Here's your chance
      375 2 ENTRIES are now open for the 1996 Economic Forecast of the Year award jointly organised by the Economic Society of Singapore (ESS) and The Business Times. The competition is in two parts this year. The first part, as in previous years, calls
      CHRIS LOH  -  375 words
    • Article
      Proper etiquette can help close deals, says expert
      352 2  -  By\ Soh Tiang Keng MIND your manners. A local company lost a foreign business deal to a rival firm because its sales manager displayed improper etiquette when entertaining managers from overseas over dinner. Author and etiquette expert Raelene Tan related this incident
      352 words
    • Article, Illustration
      Skills fund to give on-the-job training a boost
      315 2  -  Up to 90% subsidy for cost of outside experts; trainee grants raised Ry Chuang Peck Ming ON-the-job training is to get an extra boost. The Skills Development Fund will give more money to employers who carry out such training. Minister without Portfolio
      315 words
    • Article
      Nanyang Poly and US firm sign IC design deal
      241 2 NANYANG Polytechnic yesterday signed a memorandum of understanding with Califor-nia-based Synopsys to collaborate in the training of advanced design technology for semiconductor electronic chips. Synopsys, a leading designer and provider of high-level Integrated Circuit (IC) models and software, will set up
      241 words
    • NEWS Roundup
      • Article
        NTUC chief made honorary doctor
        67 2 MINISTER without Portfolio Lim Boon Heng was yesterday made an honorary Doctor of Business by the Royal Melbourne Institute of Technology (RMIT). A statement issued by the Singapore Institute of Management on behalf of the RMIT said Mr Lim, also the NTUC chief, has played
        67 words
      • Article
        July inflation higher at 1.3%
        45 2 THE July inflation rate was 1.3 per cent, marginally higher than in June, the Department of Statistics said yesterday. The increase was due mainly to dearer food, education as well as healthcare. The costs of transport and communication were unchanged.
        45 words
      • Article
        Asme trade mission to Hainan Island
        67 2 THE Association of Small and Medium Enterprises (Asme) will be organising a trade mission to Hainan Island from Sep 24-30. It aims to promote trade, investment and other business co-operation with Chinese enterprises and government officials on the island. Asme believes the island is
        67 words
      • Article
        Jayakumar to visit Ghana, Burkina Faso
        89 2 MINISTER for Foreign Affairs S Jayakumar will make official visits to Ghana and Burkina Faso from Aug 25-30 at the invitation of the foreign ministers of the two countries. During his visit. Prof Jayakumar will discuss with his counterparts ways to boost bilateral political
        89 words
      • Article
        Conference on S'pore economy forecasts
        80 2 A conference will be held between Aug 29 and Aug 31, featuring 1996 forecasts for the Singapore economy by the Econometric Modelling Unit of the Nanyang Technological University (NTU). It is organised by the Asian Commerce Economic Studies Centre (Aces) of the School of Accountancy
        80 words
      • Article
        16 more SPH reading rooms set up
        51 2 SOME 16 SPH Reading Rooms at community centres and clubs were launched yesterday by Sidek Saniff, Senior Minister of State for Education. With the latest additions, there are now 34 of such reading rooms, set up to promote the joy of reading among
        51 words
  • Page 2 Advertisements
    • Advertisement
      Page 2 Advertisements Column 1
      24 2 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.
      24 words
  • Page 2 Miscellaneous
    • Miscellaneous
      Page 2 Miscellaneous Column 1
      316 2 CRVFTIC CROSSWORD church' (4) 27 Fellows eettine into Sarah'* mid-January with energy 22 Team leader left in America, newTaTS bS,g for fte tM programme <8, an OWahoman city <5) aggravation (10) angular raiTMUTS SOLUTION DOWN 9 But were things better way 1 After which there should be back? (3,4,3,4) no
      316 words
Page thumbnail Page 3
  • FOCUS: PERSONAL FINANCE & INVESTMENT
    • BULL'S EYE
      • Article, Illustration
        BT Sentiment Index
        772 3 Those polled for their views on next week's Singapore stock market outlook are: Alliance, Daiwa, Fraser Securities, Deutsche Morgan Grenfell, Ing Barings, Merrill Lynch, Nomura and Phillip Securities. Venture ii»in«f» raring ♦(Accumulate) —Merrill Lynch, Aug 23, $2.15 We expect a recovery in the electronics manufacturing sector in
        772 words
      • Article, Illustration
        In My Opinion
        326 3  -  Kevin Scully director Schroder Securities HE RECENT rally in I the Singapore market A after the July trade figures is premature because the three-month figure is still falling as July 1995 was a low base. Initial expectations of an external recovery by the fourth quarter will be
        326 words
    • Article, Illustration
      Power trading made easy
      834 3  -  The Fibonacci Trader, from 'New Market Wizard' Robert Krausz, is a tool for the thinking and hardworking trader By] Paul Leo [SINGAPORE] A TRADING tool must be able to give three basic pieces of information: where prices are heading, supports and resistances, and action points when
      834 words
    • Article, Illustration
      Lock icon Indon telecom stocks still hot
      576 3  -  Analysts are poshing Telkom, Indosat when other Indon stocks have lost their flavour Froml S N Vasuki in Jakarta AT a time when most foreign investors have downgraded the Jakarta stock market over political concerns, analysts are still touting the virtues of investing in Indonesian
      Source: Bloomberg; ALLAN  -  576 words
    • Article
      Changing fortunes in Simex game
      369 3 [SINGAPORE] Participants in Simex Challenge 11, a simulated futures game played under real-time trading conditions, have had a taste of how fortunes can be made and lost just as quickly. A team that lagged in 15th place in the open category on Monday after making
      369 words
    • Article
      SET rally threatened by foreign selling
      543 3  -  EYE OH THE REGION: THAILAND Prom, Alan Boyd in Bangkok STRONG offshore selling pressure is threatening a tentative recovery in the Thai market, as investors wait nervously for the release of secondquarter company results. After lifting itself out of a three-year low point this
      543 words
Page thumbnail Page 4
  • REGION
    • Article
      Major Thai banks tasked with reviving exports
      314 4  -  BANGKOK BOT tells them to study reasons behind exports plunge and to give suggestions By. Loh Hui Yin THAILAND'S major banks are to study the reasons behind a steep first-half decline in exports and come up with suggestions to help the affected industries.
      314 words
    • Article
      Lock icon Manila, KL mulling arms joint venture
      253 4 KUALA LUMPUR AFP MALAYSIA and the Philippines are considering joint production of assault rifles and armoured personnel carriers, a local news report said yesterday. Defence Minister Syed Hamid Albar said the ministry had set up a special committee to study the project's feasibility. "We
      AFP  -  253 words
    • Article, Illustration
      Lock icon Unflagging spirit
      53 4 [MANILA] School-children in a national celebration yesterday waving replicas of a Philippine flag used by Filipino revolutionaries in 1896 when they revolted against colonial ruler Spain. The Philippines is celebrating this month the launch of the revolution which culminated in the proclamation by the rebels of a shortlived
      REUTER  -  53 words
    • Article
      Lock icon US talking to allies about sanctions against Yangon
      288 4 WASHINGTON Jailing of opposition members dismays Washington AFP THE United States, dismayed at the jailing of 30 opposition members in Myanmar this week, is talking with its allies about sanctions against the junta in Yangon, the State Department said on Thursday. "We
      AFP  -  288 words
    • Article
      Lock icon We're open to Asian ideas on IT scheme: US
      368 4 DAVAO, Philippines Proposal said to be restrictive in terms of product coverage Reuter THE United States said yesterday it was willing to consider reasonable suggestions to its proposal to scrap all tariffs on information technology trade by year 2000 after meeting
      Reuter  -  368 words
    • Article
      Lock icon Apec to study impact of freeing trade
      231 4 DAVAO, Philippines AFP THE Asia-Pacific Economic Cooperation (Apec) forum has launched a two-year study on the impact of trade liberalisation among Pacific Rim economies, an official said here. "We will look at tariffs and non-tariffs (measures) that will have an effect on the
      AFP  -  231 words
    • Article, Illustration
      Lock icon Birla signs agreement to build airport in Laos
      339 5  -  VIENTIANE Indian industrial giant also plans to build cement plant in capital By\ Harish Mehta GIANT Indian industrial group Birla has signed an agreement with the Lao government to build an international airport and a cement plant in the capital Vientiane. Houmpheng
      HARISH MEHTA  -  339 words
    • Article, Illustration
      Lock icon Decree on publication closure to stay
      169 5 JAKARTA AFP INDONESIA'S government does not intend to revoke a decree which has allowed it to close down several publications in the past, often for vague reasons. Information Minister Harmoko was quoted by Antara news agency yesterday as saying the decree was "by itself
      AFP  -  169 words
    • NOTE Book
      • Article
        Lock icon No compromise with govt: Megawati
        60 5 Reuter [JAKARTA] Ousted Indonesian opposition leader Megawati Sukarnoputri said yesterday she was not seeking a compromise with the government over a political row which has unsettled the nation since June. She told Reuters in an interview that Thursday's postponement of a lawsuit to allow time
        Reuter  -  60 words
      • Article
        Lock icon Indonesia shrugs off possible US threat
        91 5 Reuter [JAKARTA] Indonesia yesterday shrugged off the possible cancellation of a deal to buy F-16 aircraft from the US, saying it could look elsewhere. "Since the beginning, President (Suharto) did not give the purchase of the aircraft a high priority," State Secretary Murdiono told
        Reuter  -  91 words
      • Article
        Lock icon Li warns Downer about Dalai Lama
        96 5 AFP [BEIJING] Chinese Premier Li Peng issued an indirect warning here yesterday to Australian Foreign Minister Alexander Downer not to go through with a planned meeting with Tibet's exiled spiritual leader, the Dalai Lama. But Mr Downer said he made it clear during his
        AFP  -  96 words
      • Article
        Lock icon China, UK to work out laws on garrison
        97 5 Reuter [HONGKONG] China and Britain will hold talks in September to hammer out laws governing the Chinese garrison to be deployed in Hongkong after the British leave on July 1,1997, officials said yesterday. The talks in Beijing will be handled by the
        Reuter  -  97 words
    • Article
      Lock icon Foreign life insurers under probe
      221 5 KUALA LUMPUR AFP MALAYSIA'S central bank said yesterday it was investigating several foreign life insurance companies for allegedly illegally selling investment-linked products to Malaysian residents. Bank Negara said due to improved incomes of Malaysians, some foreign insurers are targeting Malaysians and selling products directly or
      AFP  -  221 words
    • Article
      Lock icon Taxmen get 330 billion yen complaint from two banks
      307 5 TOKYO Long-term credit banks object to taxes on jnsen write-offs AFP TWO Japanese long-term credit banks said yesterday they would file complaints against being charged an extra 330 billion yen (554.37 billion) in tax on write-offs to failed housing loan companies.
      AFP  -  307 words
    • Article
      Lock icon Teng-hui calls for KMT reforms
      174 5 TAIPEI AFP TAIWANESE President Lee Teng-hui yesterday called for greater democratisation in the ruling Kuomintang (KMT) as the party is set to elect a new power core. "It is an important task for us to push for further reforms and strengthen the functions and revive
      AFP  -  174 words
    • Article
      Lock icon Tankan survey to show Japan's smaller companies rebounding
      340 5 ■TOKYO Bloomberg Business News JAPAN'S broadest survey of the economy will show next week the recovery is expanding to include smaller nonmanufacturers, the group hardest hit by the burst of the economic bubble five years ago, economists say. The Bank of Japan's
      Bloomberg Business News  -  340 words
    • Article
      Lock icon Taiwan cuts bank reserve requirements to boost economy
      310 5 TAIPEI New medicine ordered after economy wheezes through Q2 Reuter TAIWAN ordered new medicine for its ailing "Asian dragon" economy yesterday as be-low-forecast growth in the second quarter and 10-year high unemployment in July soured hopes for a dramatic cure this year.
      Reuter  -  310 words
  • Page 4 Advertisements
    • Advertisement
      Page 4 Advertisements Column 1
      640 4 SEMBAWANG CORPORATION LIMITED (Incorporated in the Republic of Singapore) INTERIM RESULTS 1996 The Directors of Sembawang Corporation Limited are pleased to announce the following unaudited results of the Company and the Group for the half year ended 30 June 1996: GROUP COMPANY $'000 1000 1996 1995 1996 1995 Revenue 728,183
      640 words
Page thumbnail Page 5
  • Page 5 Advertisements
    • Advertisement
      Page 5 Advertisements Column 1
      105 5 w" u tv> L AMf xS*j —x—.. ~J' v I I ZW*~ I I R r lIH If V I 1 I I ~i u y>' i: I m Ambra by Scavottni I WTIV^X^HH The Ultimate Collection Eurokitchen offers kitchen designing Jm at its very finest. The most innovative Conlralto
      105 words
Page thumbnail Page 6
  • THE WORLD
    • Article
      Lock icon Unexpected 1.6% hike in July orders for durable goods
      478 6 Robust rise, vs 0.3% forecast, reinforces view that Fed may have to raise rates by year-end WASHINGTON Reuter ORDERS for costly manufactured goods posted broadbased gains in July, the Commerce Department said yesterday, led by a jump in demand for communications
      Reuter  -  478 words
    • Article
      Lock icon Clinton signs welfare overhaul bill
      254 6 WASHINGTON Bloomberg Business News PRESIDENT Bill Clinton signed on Thursday a sweeping overhaul of the nation's welfare system, ending half a century of federal guarantees of cash assistance to the poor. "Today we are taking an historic chance to make welfare what it ought to
      Bloomberg Business News  -  254 words
    • Article
      AIRCRAFT ARRIVALS AND DEPARTURES
      1585 6 CITY FLIGHT ETA FlICHT ETO TG407 2105 MI894 1040 Adelaide S0230 1830 0F82 2055 Hiroshima S0977 1655 S0978 0130 0F81 1930 HoCMMMl VN741 1310 VH740 1410 Amwan RJW7 0130 EK72 1730 S0174 1415 Amsterdam KL843 0455 KL838 2300 S0173 WOO EK73 2340 0125 0650 S0346 2330
      1,585 words
    • Article, Illustration
      Lock icon Drumming out bankruptcy
      73 6 [BUENOS AIRES] Bus drivers parked their buses across the streets in front of IBM and gathered outside the building on Thursday to protest against the company's plans to call in the bus company's debts. These debts were run up with the purchase of ticket machines from IBM
      REUTER  -  73 words
    • Article
      Lock icon Bundesbank's repo rate cut welcome but will it be enough?
      637 6 WASHINGTON Unexpected decision landed but there are fears further cuts may soon be required FT THE Bundesbank loves to tease. Thursday's widely unexpected decision to cut the repurchase (or "repo") rate by as much as 30 basis points to an
      FT  -  637 words
    • Article
      Lock icon Leeson's ex-boss believes he can be absolved
      213 6 LONDON Bloomberg Business News RON Baker, former boss of Barings trader Nick Leeson, said he expects to clear his name in October when he becomes the first executive of the collapsed British merchant bank to contest regulatory action. Mr Baker, who faces a
      Bloomberg Business News  -  213 words
    • Article
      Lock icon Traces of explosives found in TWA crash: officials
      287 6 NEW YORK NYT, Bloomberg Business News, Reuter AFTER a prolonged, confounding search of the ocean floor, investigators have finally found scientific evidence that an explosive device was detonated inside the passenger cabin of Trans World Airlines Flight 800, senior federal officials said
      NYT,; Bloomberg Business News,; Reuter  -  287 words
    • WORLD Watch
      • Article
        Lock icon Clinton puts the beat on tobacco industry
        62 6 AFP [WASHINGTON] President Bill Clinton has approved the regulation of tobacco as a drug, authorising further measures restricting cigarette sales and advertising, the White House said on Thursday. The measures, which ban most cigarette vending machines and outlaw cigarette advertising near schools and
        AFP  -  62 words
      • Article
        Lock icon IMF aims to double emergency loan fond
        64 6 AFX-Asia [MANILA] The International Monetary Fund (IMF) will seek the approval of the G-10 countries for a doubling of its emergency loan fUnd to US$54 billion (5176.1 billion). IMF deputy information officer Graham Newman, who is here on an Asian tour, said the
        AFX-Asia  -  64 words
      • Article
        Lock icon S Africa closer to finding telecom partner
        63 6 AFP [CAPE TOWN] South Africa's hunt for a strategic equity partner for its state-owned telecommunication giant, Telkom, is expected to heat up next month, with a final decision expected in March 1997. Posts, Telecommunications and Broadcasting Minister Jay Naidoo told reporters yesterday he
        AFP  -  63 words
  • Page 6 Miscellaneous
    • Miscellaneous
      Page 6 Miscellaneous Column 1
      73 6 DOOHibiBDRY By Garry Trudeau HJHAT (SIT ABOUT JTt UKE THIS YEAR, ALEXf BAPNEM& I KNOW YES THIS MORN- I I ALMOST THEPIVORCE, THIS JUSTEOUOhJS HOHJYOU INSIPUMPEP 1 WELL, CRJEV.BUT CRJSiS AT MORK, ME AROUNV! FECL,**! AMHOLE6LA6S I EXACTLY THEN I A NOCUK/M... OFMILKINWMY i M I THOUGHT, 1 1 PORMEJSTER,
      73 words
Page thumbnail Page 7
  • COMPANIES & MARKETS
    • Article, Illustration
      SembShip fares best of Big Three yards
      323 7  -  Good contracts and cost-cutting efforts help to cushion squeeze on margins Reports byl Rahita Elias [SINGAPORE] Poor conditions in the marine industry have flirther battered the performance of Singapore's Big Three yards, but the impact on each varied during the first six months
      323 words
    • Article
      Sembawang Maritime share price climbs almost 25%
      314 7 (SINGAPORE] Sembawang Maritime Ltd's (SML) share price yesterday soared by almost 25 per cent following Sembawang Corp's offer to buy the SML shares it did not own for $3.70. The counter has been suspended since Monday before SembCorp announced its intention to launch
      314 words
    • Article
      Warrants that warrant a closer look
      785 7  -  HOCK LOCK SIEW Paul Leo AT least a quarter of the warrants traded on the Stock Exchange of Singapore are undervalued relative to their underlying shares. But before jumping the gun and calling your broker to buy the 30odd warrants, read on. In the
      785 words
    • Article
      HPL reports flat earnings as turnover slides 28%
      304 7  -  Group cites deconsolidation of Aussie retail nnit Hy- Abdul Hadhi [SINGAPORE] Ong Beng Seng's Hotel Properties Ltd (HPL) yesterday reported a 1.9 per cent fall in interim net earnings to $10.71 million. Releasing its financial results for the six months ended June
      304 words
    • Article
      Pan-United Corp profit up 16%
      224 7 [SINGAPORE] Marine-based Pan-United Corp turned in a creditable set of figures in the half-year ended June 30, with group turnover surging 49.1 per cent to $159.1 million and after-tax profit up 15.6 per cent to $10 million. Earnings per share rose to 1.8 cents from
      224 words
    • SINGAPORE & MALAYSIAN COMPANIES
      • Article
        Intria to acquire stakes in two listed firms
        306 8  -  It is buying stakes in ACPI Industries, FCW Holdings for M5494.86m From Ruth Wong in Kuala Lumpur PENANG Bridge concessionaire Intria Bhd is poised to expand further in the construction sector with the proposed acquisition of stakes in two listed firms, ACPI
        306 words
      • Article
        Lock icon Bakun IPO delayed: report
        136 8 Reuter [KUALA LUMPUR] The stock listing of Bakun Hydro-Electric Corp Bhd on the Kuala Lumpur Stock Exchange has been postponed to late December or early January, The Star newspaper reported yesterday. Bakun is the developer and operator of the controversial US$5.4 billion (557.6 billion) Bakun hydro-electric
        Reuter  -  136 words
      • Article, Illustration
        Lock icon DCB posts 21% jump in first-half net profit
        296 8 Bernama [KUALA LUMPUR] DCB Holdings Bhd said first-half net profit rose 21 per cent to M 5156.7 million (5588.5 million), more than at least one analyst expected. "It was slightly above expectations," said Steve Weller, strategist at Pesaka Jardine Fleming. "The higher
        Bernama; Source: Bloomberg; ALLAN  -  296 words
      • Article
        SMI to invest $1.7b in Shanghai mega-complex
        422 8  -  Contract to be signed daring Dr Mahathir's visit to China liy Lu Ning [SINGAPORE] Listed South Malaysia Industries Bhd (SMI) plans to invest $1.7 billion to build a commercial complex in Shanghai with a total gross floor space of 850,000 sq m. The
        422 words
      • COMPANY Briefs
        • Article
          Cam agri unit to contribute 20% of profit
          68 8 [SINGAPORE] Cam International Holdings told the Stock Exchange of Singapore yesterday in answer to a query that its new aeroponics venture, Aero-Green Technology, is by end-September 1997 expected to contribute earnings approximating 20 per cent of the group's 1995 earnings. Based on
          68 words
        • Article
          Asiamatrix to sell Senoko plant lor $9.2m
          68 8 [SINGAPORE] Asiamatrix has entered into a conditional agreement to sell the lease on its leasehold premises at Senoko and equipment, plant and other assets at the site for $9.21 million. The buyer is Chesfer Precision Plastics, which is in the business of plastics
          68 words
        • Article
          ST Capital exercises option to buy land
          44 8 [SINGAPORE] ST Capital, the financial services subsidiary of Singapore Technologies Industrial Corp, said it exercised the option between itself and Oil-Equipment Manufacturing to acquire a plot of leasehold land at Pioneer Sector and the buildings on it.
          44 words
        • Article
          ST Computer interim earnings up 11%
          76 8 (SINGAPORE) ST Computer System Services said yesterday interim earnings rose 11 per cent to $3.14 million on the back of a 12 per cent rise in turnover to $154 million. Earnings per share rose 11 per cent to 3.14 cents and net tangible asset
          76 words
      • Article
        CityDev on that Trevose bid
        173 8 [SINGAPORE] City Developments yesterday said it roped in a sister company to bid for a site in Trevose Crescent so that it can "share the investment exposure involved in a substantial investment". In addition, the listed property giant said the 50-50 joint bid of $118.8
        173 words
      • Article
        Flextech interim leaps four-fold
        207 8  -  By Genevieve Cua (SlNGAPOßE] Chip distributor Flextech Holdings' interim net earnings more than quadrupled to $2.17 million from $480,000 in 1995 mainly due to the sale of a loss-making associate, Future Vision Holding. Turnover rose 18 per cent to $37.97 million, the group said yesterday. The
        207 words
      • Article, Illustration
        Lock icon Political cloud hanging over Thai stocks
        361 8 Reuter [BANGKOK] Thai stocks are expected to stagnate until parliament votes on an opposition no-confidence motion against Prime Minister Banharn Sil-pa-archa next month, analysts said yesterday. They said the political cloud hanging over the market is then expected to clear, whichever way the voting
        Reuter  -  361 words
      • Article
        Lock icon KPB pre-tax profit surges to M$33m
        152 8 Bernama [KUALA LUMPUR] Shipping company Konsortium Perkapalan Bhd (KPB) reported group pre-tax profit of M 533.3 million for the half-year ended June 30,1996, a jump 0f338 per cent compared with the results for the previous corresponding period. This was a result of an improved
        Bernama  -  152 words
      • Article
        Lock icon Treasury help for 9 bumi firms seeking listing
        278 8 Bernama [KUANTAN) The Treasury is helping nine Class A bumiputra contractors to seek listings on the second board of the Kuala Lumpur Stock Exchange by the end of the year. Disclosing this here on Thursday, Deputy Finance Minister Afifuddin Omar said such
        Bernama  -  278 words
    • INTERNATIONAL COMPANIES
      • Article
        Lock icon Samsung to set up independent vehicle firm
        121 9 Bloomberg Business News [SEOUL] Samsung Group, South Korea's largest conglomerate, said it wiU set up an independent company for its commercial vehicle business, which has been operated by its unit, Samsung Heavy Industries Co. "We wanted a more efficient and forceful way of
        Bloomberg Business News  -  121 words
      • Article
        Lock icon London bourse to start order-driven trading
        434 9 Sequence 6 trading system marks the last stage in project to propel LSE into next centnry Reuter [LONDON] The London Stock Exchange will next week launch its new integrated trading and information platform, Sequence 6, the last stage in a development programme designed to
        Reuter  -  434 words
      • Article
        Lock icon Honda Q1 profit soars as sales rise
        468 9 Bloomberg Business News [TOKYO] Honda Motor Co's earnings jumped nearly fourfold as sales rose in Japan and a stronger US dollar boosted revenue from abroad. Group net earnings rose 283 per cent to 45.7 billion yen (***** million) in the three months ended
        Bloomberg Business News  -  468 words
      • Article, Illustration
        Lock icon Back to work
        88 9 [MELBOURNE] Toyota factory workers at the Altona plant in Melbourne preparing to return to work after a two-week strike ended yesterday. Union leaders and Toyota have agreed on wage claims. Up to 3,000 workers walked off the job here and at a warehouse in Sydney after rejecting
        AFP  -  88 words
      • Article
        Lock icon Row over, Coles Myer deputy chief plans to up his stake
        323 9 Coles to get Asl2m from settlement with Solomon Lew, others Bloomberg Business News [MELBOURNE) Coles Myer Ltd deputy chairman Solomon Lew said he plans to buy more shares in the retailer after settling a dispute with the company yesterday.
        Bloomberg Business News  -  323 words
    • SHIPS IN PORT
      • Article
        CONVENTIONAL WHARVES
        731 9 Voy Ho Berth Arrival Departure *dventw» 998 M '"m alongside 26 08/0600 MLas 293 JOT alongside 24.08/1000 Satan Mali *304 J02 alongside 24.08/2300 Buana W* 15/96 J02 alonqside 24 08/0014 tip 7 JM alongside 24 08/0100 F*s< Marine 9601 J09 alongside 26 08/2300 IMS J» alongside 2408/2300 MOT
        731 words
      • Article
        CONTAINER SCHEDULES
        1720 9 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Booking/Monet Rstls Ship Voy No Etb/Btr Period From To From Aci Apricot 0*96 26/1300 16 23/1500 23/1659 23/1900 26 23/1700 24/0659 24/0900 J 24/0700 24/1159 24/MOO 4 24/1200 24/1459 24/1700 A«Om» O06A 26/0700 2A 23/1700 24/0659 24/0900 I 24/0700 24/1159
        1,720 words
    • FINANCE & COMMODITIES
      • Article
        Lock icon Mid-year cocoa crop is M'sia's worst so far: Sabah growers
        467 10 Harvest affected by floods, yield unlikely to improve by year-end; some cocoa growers switching to oil palm Reuter [KUALA LUMPUR] Malaysia's mid-year cocoa crop is the worst in the nation's history and is unlikely to improve by the year-end harvest,
        Reuter  -  467 words
      • Article
        UOB plans to use Internet for business expansion
        375 10  -  By Ven Sreenivasan [SINGAPORE] United Overseas Bank (UOB) is planning to use the Internet to further expand its business, says the bank's chairman and chief executive Wee Cho Yaw. In an interview with SlnterCom, a Web site operated by a group of
        375 words
      • Article, Illustration
        Lock icon US$ hanging on to a tight range
        407 10 US$/mark: The US$ slid to a low of 1.4807 on Wednesday before news of a German repurchase rate cut on Thursday boosted the US$/mark to a high of 1.4965. Despite trading above the strong resistance at 1.4960, gains failed to be sustained and
        Source: DBS Bank  -  407 words
      • Article
        Lock icon Names' proposal will hurt US$5b rescue plan: Lloyd's
        311 10 US investors file order for release of documents about plan Bloomberg Business News. (RICHMOND, Virginia] A proposed court order submitted by 100 Lloyd's of London investors to a federal judge here would force a delay in next week's vote on Lloyd's reorganisation
        Bloomberg Business News.  -  311 words
      • Article
        Lock icon Hongkong's insurance authority to check on reserves
        183 10 Reuter [HONGKONG) The territory's insurance authority said on Thursday that it was launching an investigatiqn into the reserve funds of insurance companies after recent allegations that the industry was under-provided. Calculations would be made to decide how much reserves insurance companies needed to
        Reuter  -  183 words
      • Article
        Lock icon Rumours boost Euroyen
        237 10 »im ntt Report Reuter (SINGAPORE) Simex Euroyen ended a volatile day sharply higher on a plethora of market rumours ranging from a weak tankan report to troubles at a leading Japanese securities house. "It has been a mad session with all sorts of rumours going around. Some
        Reuter  -  237 words
      • Article
        Lock icon CURRENCY REPORT
        170 10 Reuter, AFP London THE dollar remained in tight ranges, bumping along the session lows and unruffled by a jump in US July durable goods orders. The orders rose 1.6 per cent against an average forecast of a 0.3 per cent rise and a revised figure of a 0.2
        Reuter,; AFP  -  170 words
      • Article
        Lock icon Oil prices steady on rising demand
        308 10 ENERGY REPORT Reuter {LONDON] World oil prices yesterday remained close to their four-month highs, propped up by rising demand for energy ahead of the northern hemisphere winter and to fuel the booming economies of developing nations. London October futures for international benchmark Brent crude
        Reuter  -  308 words
      • Article, Illustration
        Untitled
        1442 10 WTBRBAWtCTOSS RATES Auai3 AS C$ Rinfe ECU Ffr Dm HK$ tad 8s luptah Yen Won MS MZ$ Pifc Rs Pe>o S$ Band Sfr rr$ Baht Pownd US$ M 2 6.178 0.625 4.015 1.177 6.108 28.194 18.498 0.856 6.463 1.970 1.142 28.122 20.702 1114 3.582 0.954 ***** 19 991 0 509
        1,442 words
    • Article
      COMMODITY PRICES
      1806 11 SICOM FUTURES Aug 23 RUBBER (Marts clou* «t 5.30pm) RSS t cwtsA«) Close Volume Ooen W F*" H>9<i Low Sett (tonnes) Interest Sap 96 185.00 450 Oct »6.00 186.00 186.00 150 1970 188.00 188.00 187.50 100 2900 OK 96 189.50 188.50 188.50 150 2800 97 191.00 6900 *Pf/Jun97
      1,806 words
    • Article
      WORLD STOCK MARKETS
      2295 11 LONDON Indiistflftis tx) 23 PtflCt A. A. Corp Adr 561/4 2 AB Pom 299 *7 Abbey National 605 -2 Allied Lyons 450 10.600 Aimc 95 1 Argyll 346 Asda Group 119.400 1 BATlnd 424 *4 B1CC 336 6 BOC Group 860 2 BR Petroleum 634 2 BTR
      2,295 words
    • Article
      Lock icon TOKYO
      1667 11 AFX-Asia Q Nikkei 225 -134.44 SHARE prices closed broadly lower, but were well above the day's lows on late bargain-hunt-ing. Brokers said share prices recovered after futures-linked selling and dealer-led profit-tak-ing ran out of steam in late trading. The 225-share Nikkei Average closed down 134.44 points at 21,228.80. The
      AFX-Asia  -  1,667 words
    • Article, Illustration
      Lock icon HONGKONG
      1608 12 AFX-Asia D Hang Seng -5423 SHARE prices closed lower, with investors looking ahead to the long weekend. Dealers said the cut in Chinese interest rates did spark heavy trade in select "red chips" and Hshares but opinion on the move was largely negative. The Hang Seng Index closed down
      AFX-Asia  -  1,608 words
    • Article, Illustration
      Lock icon CHINA
      686 12 Reuter Q Shanghai B Share Index -0.33 SHANGHAI B shares closed down, despite the bullish news that the central bank had cut bank interest rates. The index fell 0.33 points 52.03 on volume of 10.3 million shares worth US$5.l million. Six B share firms posted their interim results yesterday,
      Reuter; Source: Credit Lyonnsis Securities(Asia) Ltd  -  686 words
    • Article
      Lock icon TAIPEI
      388 12 AFP QWP Index *39.40 STOCKS rose as investors snapped up cheap petrochemical and banking issues. "Bargain hunters pursued petrochemical and banking issues, though most investors stayed on the sidelines," said a broker. The TSE Weighted Price Index rose 39.40 points to close at 6,200.22. Turnover was a healthy 1.12
      AFP  -  388 words
    • Article, Illustration
      Lock icon JAKARTA
      746 12 AFP PI Composite Index +4JB SHARE prices closed higher on a rebound in heavyweight stocks amid improved confidence in the bourse. The JSE Composite Index rose 4.93 points to 549.21. Turnover was 195.8 million shares worth 406 billion rupiah. Bimantara gained 250 rupiah to 2,425 on rumours that the
      AFP  -  746 words
    • Article, Illustration
      Lock icon BANGKOK
      857 12 AFP SET Index jljj SHARES closed firmer in thin trading as foreign investors sought bargain-priced stocks. The SET Index gained 16.02 points to 1,106.73. Turnover was 61.7 million shares worth 4.3 billion baht. Rises beat falls 230 to 82, while 117 counters were unchanged. "The bourse closed above 1,100
      AFP  -  857 words
    • Article
      Lock icon MANILA
      313 12 AFP Q Manila +38.68 STOCKS rose on buying of property stocks, though investors took profit towards the end of trade. The PSE Composite Index rose 38.68 points to 3,226.46. Turnover was 11.1 billion shares worth 3.4 billion pesos. Fetron Corp rose 25 centavos to 10.75 pesos, while PLDT and
      AFP  -  313 words
    • Article
      Lock icon SEOUL
      424 12 AFP Composite Index +L 79 SHARE prices closed higher on on a technical rebound following an eight-day slide. "Today's rise was purely technical, following eight days of falls," said a trader. The Composite Index rose 1.79 points to 781.42. Turnover was 21.4 million shares worth 444.58 billion won. Information-telecommuni-cations
      AFP  -  424 words
    • Article
      Lock icon SYDNEY
      623 12 AFP All Ordinaries +1&3 SHARE prices firmed after a late rally in bank stocks pulled the market up at the close. The All Ordinaries Index closed 18.3 points higher at 2,292.9. Turnover was 313.5 million shares worth A 5767.4 million. News Corp shares surged 30 cents, or nearly 5
      AFP  -  623 words
    • Article
      Lock icon WELLINGTON
      273 12 Reuter F1 Wellington +2214 THE market powered ahead following the government's sale of Forestry Corp to a Fletcher Forests-Brierley Investments consortium. The NZSE 40-share Index rose 22.14 points to 2,221.67. Reuter MS WW ANZ Banking 7.55 unch ***** Advontogoi Midgi 1.54 -0.01 ***** Air Now ZHltnO (A) 3.08 unch
      Reuter  -  273 words
    • KUALA LUMPUR STOCK MARKET
      • Article, Illustration
        Lock icon KLCI lower on profit-taking
        8208 13 Bloomberg Business News Q Composite Index -L2B SHARE prices closed mixed in the absence of fresh leads, with the main index lower on continued light profit-taking while investors accumulated lower liners across the board. Maybank rose after analysts said they had an upbeat meeting on Thursday
        Bloomberg Business News  -  8,208 words
    • WARRANTS & OPTIONS
      • Article
        Time is against Hong Fok wrts
        3708 14  -  WARRANT WATCH By. R Sivanithy ONE of the lesser-known (and seldomtraded) property counters that has fallen significantly from its recent high is Hong Fok Corp, which interestingly, has warrants in issue. The numbers underpinning this instrument are also interesting, although a review reveals that
        3,708 words
    • Article
      CLOB INTERNATIONAL
      2404 14 MALAYSIAN STOCKS Of Of IW Lart Vol Day Last Quota Mt Mi W IM M Cap HMi Law Stna Company Saia POOP) High Law Bwyar Sa*w Cvr P/I $m« 625 364 m» 5000 AISBSOc 380 !*KtI 8 380 378 380 382 iO 4.9 0.4 79.0 3897 119 84
      2,404 words
    • STOCK EXCHANGE OF SINGAPORE
      • Article
        Untitled
        1136 15 TUMOVtR 0000) VALUE COOO) turn cm t«ti tfte cut rum 54,520 6.781 61J01 141.2*2 16.442 157,714 rtaWM 4.551 3,04* 7,600 38J56 6.115 42.372 HtWl 1.666 Q4 1,620 4,724 207 4,931 ProwrtlM 5,142 4,01* 9.1*1 26 092 5.256 33.348 PtMMttan 647 647 1,609 1,609 MMn« 153 153 406 406 M.W 5,105
        1,136 words
      • Article
        MAIN BOARD
        4627 15 6r Cr M Wt 1996 Last Vol Day Last Oust* Oto Dtv Yld Nat Cap Avg Hi# Law MWa C—p—» lata COOO) MtgH Law Buyar Sa«ac C*r P/E $mM Prlca WDIHTBItLI 5146 ASE NTS'O 200 US- 214 165 1258 Acar 50c US180 unch 176 181 100 180 182
        4,627 words
      • Article
        SESDAQ
        910 15 L»dl» Vei Bay Last Ouete DN Dl< ni IM Cap AwJ L C—vnr Sat* COOP) HH> Lew >iyer MMr C*w P/l SmM Price SCSBAQ 2 2000 "><>«!*< *9 *2 358 197 180 188 192 30 V4J 0.1 11X1 84.1 192 90 68 AS Auto !0c 73.5 uncfi 19 7X5
        910 words
      • Article, Illustration
        HOT STOCK
        65 16  -  Paul Leo WING TAI HOLDINGS fell four cents to $3.10 yesterday on a volume of 1.05 million shares, 21 per cent more than the 10-day average of units. Price gap between 53.24 and $3.44 will act as overhead resistance and halt any advance from here. Daily RSI is
        65 words
      • Article, Illustration
        Takeover fever bolsters stock prices once again
        887 16  -  STOCK MAREET COMMENTARY Major gainers include Metro and SML on takeover news, both real and rumoured By Larry Wee [SINGAPORE] Metro was far and away the market's top gainer yesterday, putting on $1.55, or 34.4 per cent, to close at $6.05 on a
        887 words
      • ON THE GRAPEVINE
        • Article
          A promise of things to come?
          113 16 IN ITS daily strategy report yesterday, Malaysian brokerage Jupiter Securities urged investors to heed the signs that a modest bull run is on the verge of taking place. "Investors sometimes get quite impatient. You can tell them that corporate earnings are good, macro indicators
          113 words
        • Article
          A funny smell in the market
          98 16 IN EARLY morning trading yesterday, a parcel of six million Cam International shares was crossed at $1.02 apiece, at a time when the shares were trading at around 76 cents. After a brief flurry which took the counter just past 80 cents no doubt
          98 words
        • Article
          Seeking alliances
          67 16 WE HEAR that Sempati Airlines is talking to several regional and international airlines to forge a strategic alliance prior to its initial public offering scheduled for November. Sources said that Sempati would be selling a 10-15 per cent stake in the airline to the alliance partner. Sempati, one
          67 words
        • Article
          Pacific Internet pioneer
          44 16 TOMMI CHEN was one of the pioneers of Technet, the Internet service of the National University of Singapore that became Pacific Internet today. He was involved in the transition from Technet to Pacific Internet, but has since left for greener pasture.
          44 words
        • Article
          Not there when you need them
          145 16 IF YOU think that taking travel insurance prior to a trip guarantees you peace of mind, maybe you should think again. A journalist who encountered travel delays and had to incur extra costs to return to Singapore congratulated herself for having had the foresight
          145 words
  • Page 7 Advertisements
    • Advertisement
      Page 7 Advertisements Column 1
      71 7 no" m M^F 11 V„ SB :"^^^HlE!33s3HBHssHSeSP^W^^^^^^« iTMB, VIAiilL ;J .-agpjLa ■|H|[M Mli»sW i fafe l^lllllllllllllllll^^ New Temperature j^H H| **g Over WT New, state-of-the-art j, integrated network HA jH^lk m<C^-3Fiw^S-- yV„ Microsoft* Windows" -"^HI includes drag ||^H drop, menu IBS toolbars Bhm Lzix Bridge Information Systems (S) Pte Ltd
      71 words
Page thumbnail Page 8
  • Page 8 Advertisements
    • Advertisement
      Page 8 Advertisements Column 1
      1070 8 Standard it Chartered Standard Chartered Merchant Bank Asia-Limited (Incorporated in Singapore) PROPOSED VOLUNTARY CONDITIONAL TAKE-OVER OFFER FOR SEMBAWANG MARITIME LIMITED ("SML") Standard Chartered Merchant Bank Asia Limited ("SCMBA") announces, for and on behalf of Farievo Re Ltd (the "Offeror), a whollyowned subsidiary of Sembawang Corporation Limited ("SembCorp"), that the Offeror
      1,070 words
Page thumbnail Page 9
Page thumbnail Page 10
Page thumbnail Page 11
Page thumbnail Page 12
  • Page 12 Advertisements
    • Advertisement
      Page 12 Advertisements Column 1
      68 12 Enb v i Company anniversaries. Official openings. Corporate achievements. Topping-up ceremonies. And other special events. They are a cause for celebration. Use them to increase your company profile by taking out a Special Feature in our group of newspapers. Talk to us! We'll be pleased to be your marketing partner.
      68 words
Page thumbnail Page 13
  • Page 13 Advertisements
    • Advertisement
      Page 13 Advertisements Column 1
      29 13 For real- time stock information, call Quickstock on 1900-913-0003 at 30 cents a minute. Stock numbers are available in the stock pages of The Business Times and Lianhe Zaobao.
      29 words
    • Advertisement
      Page 13 Advertisements Column 2
      37 13 [■■■■■I I YOUR NEXT WATCH 1 I I FATEK>PHI^ PPE T MEP,ECES I I |S 'IDEAL CUT DIAMONDS (P**) £td. Symmetry Excellent Manufacturing Jewellers Since 1919 t CERTIFIED By GJA. LASER NUMBERED Mf H Shangri-La Hotel Arcade,
      37 words
Page thumbnail Page 14
  • Page 14 Advertisements
    • Advertisement
      Page 14 Advertisements Column 1
      50 14 Chronograph watchm Nantucket Time makes the difference. DICKSON WATCH&JEWELLERY (S) PTE LTD IA wfidty owned aibadury of DICKSON CONCEPTS (BSfTERNATIONAL) LIMITED I 391 A Orchard Road Ngee Ann City #17-06 Singapore 2388*3 Av ,bla ,t: DICKSON WATCH JEWELLERY: Th. Pron«..d.. Cntrspoj,., SunUc City. HERMES. BOUTIQUE: Li.. W. T-kohin-y.. Ab. de.l.r.
      50 words
Page thumbnail Page 15
  • Page 15 Advertisements
    • Advertisement
      Page 15 Advertisements Column 1
      121 15 n n Need cash for any worthwhile purpose? At Hong Leong Finance and Singapore Finance, we give you cash for your shares almost immediately. This is all you have to do: So, why keep your shares tucked away? Use it for a million purposes. Call us Stop by any Hong
      121 words
    • Advertisement
      Page 15 Advertisements Column 2
      127 15 To SPH AudioTex Department Singapore Press Holdings Ltd 82, Genting Lane Singapore *****7 Tel: 740-1493 Fax 740-2216 I wish to subscribe to the Quick Stock's Portfolio Manager as follows (please tick the appropriate box; prices include GST). Subscription Period r1 12 months 6 months H 3 month* I at 5560.00
      127 words
Page thumbnail Page 16
  • Page 16 Advertisements
    • Advertisement
      Page 16 Advertisements Column 1
      805 16 BUSINESS Notices l() M>M KIISI 101 1.-IKI I IMMI-741 IS,S3 IN THE MATTER OF THE COMPANIES ACT, CAP.SO AND IN THE MATTER OF CHYE HUA TRADING PTE LTD (In Members 'Voluntary Liquidation) Members'Vohintary Winding-up At an Extraordinary General Meeting of the members of the abovenamed company duly convened and held
      805 words
    • Advertisement
      Page 16 Advertisements Column 2
      244 16 In the Matter of The Companies Act Cap. SO And CHAPTER INTERNATIONAL PTE LTD (Members Voluntary Winding Up)) At die Extraordinary General Meeting of the above Company duly convened and held on 23th August 19% al 3 Pandan Valley *14-303 Chempaka Court Singapore *****7 the following resolutions were duly passed:
      244 words
    • Advertisement
      Page 16 Advertisements Column 3
      28 16 For real-time stock information, call Quickstock on 1900-913-0003 at 30 cents a minute. Stock numbers are available in the stock pages of The Business Times and Lianhe Zaobao.
      28 words
    • Advertisement
      Page 16 Advertisements Column 4
      189 16 Singapore Closing Share Prloes 23/8/1996 CLOSE PREV LOW HIGH *119## US$ US$ US$ US$ mill## Jardine Matheson 6.55 6.50 6.45 6.55 Jardine Strategic 3.24 3.22 3.24 3.26 LKffiir A Dairy Farm 79 785 78 0.795 Hongkong Land 2.38 2.40 2.37 2.39 nfPTPfffJ Mandarin Oriental 1.36 1.39 1.35 1.37 MyttUlUii Jardine
      189 words
Page thumbnail Page 17
  • EXECUTIVE Lifestyle
    • Article, Illustration
      Lock icon Brewing up a coffee culture
      2678 17  -  With the proliferation of gourmet coffee bars and cafes, jaxmb be finds out whether the market is headed towards an imminent shakedown and if Singapore's new-found cafe culture is here to stay JAIME EE ONE afternoon at his Cecil Court outlet, Dome Cafe owner Ronald
      PHOTO BY ERIC CHU; PHOTO COURTESY OF HIANG KIE  -  2,678 words
    • STRAWS In The Wind
      • Article
        Pull your socks up
        32 17 HOW's this for knowledgeable sales staff? A woman goes to Metro and asks the sales assistant where the pantyhose section is. The assistant replies: "For boy or girl?"
        32 words
      • Article
        Rewriting history
        211 17 IF YOU thought young Singaporeans' lack of knowledge about their own history was appalling, check out this list of genuine answers that some American students used in their history exams: The inhabitants of Egypt were called mummies. They lived in the Sarah Dessert and travelled by Camelot. The
        211 words
    • BOOKS
      • Article, Illustration
        Asia's great story made small
        1104 18  -  Far East Economic Review, Telling Asia's Story For Fifty Tears Review Publishing Co Ltd f?3l pages, $79.95 Reviewed by Vlhram Khanna •J RANDLY titled Telling Asia's Story For Fifty Years, the Far Eastern Economic Review's slickly-packaged golden jubilee commemorative volume is almost irresistible. Here at
        1,104 words
      • Article, Illustration
        Hey boss, how about giving up some of your space?
        810 18  -  Understanding Offices By Joanna Eley& Alexi Marmot Penguin Books 191 pages, £7.99 Reviewed byi Neil Behrmann HOW many managers know how to maximise office space for the benefit of both the company and staff? Very few, is the simple answer.
        810 words
    • COVER STORY
      • Article, Illustration
        Lock icon Different ways to get your cuppa
        747 19 IT USED to be that if you wanted a cup of coffee, that was all you had to ask for at a restaurant. But it's not so simple nowadays. Even for a simple cup of plain coffee, there are various ways of preparing it.
        PHOTOS BY ARTHUR LEE  -  747 words
      • Article, Illustration
        Want to look good when you order? Check this out...
        463 19 ONE of the reasons why many people don t go to cqffee bars is that they just don't understand the language. Long black, flat white, macchiato try walking into one of these places and asking for a regular coffee and
        463 words
    • Article, Illustration
      A tale of two travelogues
      580 20  -  TELEVISION While Clive Anderson managed to make down-at-heel Cuba sound fascinating, Anne Gregg unwittingly turned New York into the blandest of cities fty Kevin Sullivan HELICOPTERING over New York amid multicoloured images, of the Brooklyn Bridge and the Statue of Liberty and the Empire State
      580 words
    • Article, Illustration
      Ringing in a new sensibility
      644 20  -  CINEMA In The Hnnchback Of Notre Dame, Disney achieves not only a new look but also a new feel with its more sophisticated treatment of complex issues Corinne Kerk OKAY, let's cut to the chase. Here's the verdict on Disney's The Hunchback Of Notre Dame:
      644 words
    • Article
      Practical economics at Excalibur
      632 21  -  NIGHTSPOT The Olde Englysche Pub, now at Balmoral Plaza, continues to serve up a good pint at a reasonable price By. A Surendren IN MY undergraduate days, my friends and I had a deep appreciation for good live music. Add to that a disdain for drinking
      632 words
    • Article, Illustration
      WHAT'S ON
      441 21  -  Compiled by Holly Harrison AWARDS The Open Employment Awards If you know someone with a disability who is doing an exemplary job, why not nominate him or her for an Employment Award? The awards are being organised in conjunction with the National Council of Social Service's Disability Campaign
      441 words
    • EPICURE
      • Article, Illustration
        Lock icon A place just like home
        907 22  -  You don't have to stand on ceremony at EMOH, a cosily casual restaurant at Circular Road, jaikeeb checks out the rooms and peeks into the cupboards before settling down to a home-cooked meal JAIME EE IT's morning, noon, or night. You're somewhere in Boat Quay,
        PHOTOS BY CHRIS LOH  -  907 words
      • Article, Illustration
        Reds from the roasted slopes
        909 22  -  WINE CONNOISSEUR Gnigal's trio of Monline, landonne and Torque is drawing wine lovers to the little town of Ampnis *n the banks of the Rhone py N K Yong UNTIL the 1980s, the wines of Cote Ro■tie did not receive much attention. Hermitage, and in
        909 words
    • Article, Illustration
      CINEMA
      1126 23 Amitjnrille Dollhouse. Just when you thought they'd finally finished the whole evil saga, the Amityville horror returns. Savoy: 11; 3.15; 7. Beautiful Girls. Timothy Hutton is a struggling pianist who reunites with high school buddies. Tampines: 11; 1.30; 7. The Cable Guy. Jim Carrey ratchets up the weird factor
      1,126 words
    • TRAVEL
      • Article, Illustration
        A quiet haven in Hongkong
        1245 24  -  It's true there are gentle forests, white beaches and an opal blue sea to be enjoyed just a short journey away from the concrete canyons of Hongkong. mark GRAHAM takes the MacLehose Trail back to nature MARK GRAHAM Most visitors return from Hongkong with memories
        1,245 words
  • Page 17 Advertisements
    • Advertisement
      Page 17 Advertisements Column 1
      8 17 Epicure A place just like home EL 6
      8 words
    • Advertisement
      Page 17 Advertisements Column 2
      98 17 Travel A quiet haven Hongkong EL 8 <«i I #> Hotel California. #> At Seasons, you d be forgiven (or thinking you were at the birthplace of contemporary American cuisine. The menu is highly Hollywood, the regional flavours real Rodeo Drive. And the creativity is so cool it's enough to
      98 words
Page thumbnail Page 18
  • Page 18 Advertisements
    • Advertisement
      Page 18 Advertisements Column 1
      57 18 Get September's HER WORLD! IKIN WANTED: A WOMAN If Most Eligible Gotta Have It! XT -y '*£W- Get Naked the Mother -y' My A IYKBK6 lO^^^H ri<^famous He's crazy f~ 1 Min 1,,, 111,-, mm, L MOO If pot ■«i f ~'~rT" ***** Q I^HSS^HR* FREE! BRIDES EXTRA BA4 t
      57 words
Page thumbnail Page 19
Page thumbnail Page 20
  • Page 20 Advertisements
    • Advertisement
      Page 20 Advertisements Column 1
      62 20 When the Market gets Going, jIH V Xpß***" <■' niii'fi' i«*v ipr liligr I I mill 49* <*• (A&> Jtmr <«n' X&-' -NHV V- .v*» M W/» .<*" mj Keep track of the latest .P http://www.asial.com.sg/btstocks on the Internet. YOUR ONE-STOP SITE FOR SINGAPORE AND ASIAN BUSINESS NEWS AND INFORMATION
      62 words
Page thumbnail Page 21
  • Page 21 Advertisements
    • Advertisement
      Page 21 Advertisements Column 1
      205 21 Where to wine, dine andentertain...... What's Happening At Wall Street? It's Bullish! i ■Check it out now before'the bull ma ends... 1F STREET J Cafe By Day Karaoke Pub By Night Open daily from 12pra to lam 'Ti iJfr" v^. *M|R* 165 T*>jong Pagar Road *****9 Tel: 224 4488 Telefax:
      205 words
    • Advertisement
      Page 21 Advertisements Column 2
      218 21 i s KINTAMANI S \j- —INDONESIAN RESTAURANTiSB* BEST OF IST AUGUST TU 9TH SEPTEMBER 199S Come and savour the unique taste of Sulawesi Cuisine. Our Specialities include Ayam Nonon Menado (Roasted Chicken with green sauce, served on a hot plate), Sate Udang (Seafood Satay), Pastel Panggang (Savoury Potatoes with Chicken,
      218 words
    • Advertisement
      Page 21 Advertisements Column 3
      182 21 Have a Bubbly Sunday Brunch with your Family Only $42.00* per adult; $19.00* per child J prom 11am to 2.30pm Vw For reservat,ons I wA ca 731-7934. Free Parking ROYAL S® -\\ofcuAax3 StUfN. CROWNE PLAZA SINCArOHf 25 Scotts Road, Singapore *****0. Tel: (65) 737-7966 Fax: (65) 737-6646 All prices are
      182 words
    • Advertisement
      Page 21 Advertisements Column 4
      140 21 LpNGESI rft-Tea t» Town Now from 12 pm to S pm DAILY (Mon-SunL BY POPULAR DEMAND! (jT rTeast on our spread of Pastries. Nonya Kueh, and local favourites like Mee Siam Laksa. Rojak. Mee Rebus and more! Adult: $12.80 (Sat. Sun <( Public Holidays: SI3.80) Child: $7.80 Subject to sen-ice
      140 words
    • Advertisement
      Page 21 Advertisements Column 5
      91 21 *8 X M wf-TT,, ysz." A *c tM^i BUFFET W^V^J^WANT For reservations please call 831 6258/9 gp, 333 Orchard Ro»dL S iag *poct *****7 Trt 737 44fl A Bigger Better Tiinch SMORE VARIETY EXCELLENT VALUE SAME OLD PRICE $13.80+++ (adult) $B.oo+++ (Child) Sat/Sun/Publk Holidays 18 noon to spm 317 Outram
      91 words
Page thumbnail Page 22
Page thumbnail Page 23
  • Page 23 Miscellaneous
    • Miscellaneous
      Page 23 Miscellaneous Column 1
      2256 23 TODAY'S TV umiimmuuiiiiA |E~ vappu ILOO AM TV Innovation. Jfck IXOO AM TV Innovations. Taking er H m s ,H he h ,o r r f £S SSSSISBSSL wL 4 M K f l j how he rebuilds his life, 3.00 And They Walked Away. inffnt with the devoted help
      2,256 words
Page thumbnail Page 24
  • Page 24 Advertisements
    • Advertisement
      Page 24 Advertisements Column 1
      115 24 ONE FAX WILL TAP YOU INTO HOTELS AROUND THE WORLD. No matter where you're travelling to, let the Tradewinds Accommodation Plan ensure you the best quality accommodation. Whatever your budget, wherever you travel, our extensive network offers you the most exclusive hotels at special prices. Just call or fax us
      115 words